<SEC-DOCUMENT>0001554855-22-000306.txt : 20220510
<SEC-HEADER>0001554855-22-000306.hdr.sgml : 20220510
<ACCEPTANCE-DATETIME>20220510120556
ACCESSION NUMBER:		0001554855-22-000306
CONFORMED SUBMISSION TYPE:	20-F
PUBLIC DOCUMENT COUNT:		243
CONFORMED PERIOD OF REPORT:	20211231
FILED AS OF DATE:		20220510
DATE AS OF CHANGE:		20220510

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ULTRAPAR HOLDINGS INC
		CENTRAL INDEX KEY:			0001094972
		STANDARD INDUSTRIAL CLASSIFICATION:	NATURAL GAS DISTRIBUTION [4924]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		20-F
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14950
		FILM NUMBER:		22908460

	BUSINESS ADDRESS:	
		STREET 1:		AV BRIGADERIO LUIZ ANTONIO 1343
		STREET 2:		9 ANDAR SAO PAULO
		CITY:			SP BRAZIL 01350-900
		STATE:			D5
		ZIP:			00000

	MAIL ADDRESS:	
		STREET 1:		CT CORPORATION SYSTEM
		STREET 2:		1633 BROADWAY
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019
</SEC-HEADER>
<DOCUMENT>
<TYPE>20-F
<SEQUENCE>1
<FILENAME>ugp-20211231.htm
<DESCRIPTION>20-F
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<p style="margin: 0pt; page-break-after: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">As filed with the Securities and Exchange Commission on May 10, 2022</span></p>
<p style="border-top-color: #000000; border-top-style: solid; border-top-width: 0.75pt; line-height: 0.5pt; margin: 12pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 4pt;">&#160;</span></p>
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<p style="margin: 6pt 0pt 0pt; page-break-after: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 12pt; font-weight: bold;">UNITED STATES </span></p>
<p style="margin: 0pt; page-break-after: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 12pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION </span></p>
<p style="margin: 0pt; page-break-after: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 12pt; font-weight: bold;">Washington, D.C. 20549 </span></p>
<p style="border-bottom-color: #000000; border-bottom-style: solid; border-bottom-width: 1pt; line-height: 6pt; margin: 6pt 216pt 0pt; padding-bottom: 1pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 6pt;">&#160;</span></p>
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<p style="margin: 6pt 0pt 0pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt;">(Mark one) </span></p>
<p style="margin: 6pt 0pt 0pt 24.5pt; text-align: justify; text-indent: -24.5pt;"><span style="font-family: 'Segoe UI Symbol'; font-size: 10pt;"><span style="-sec-ix-hidden:Tag8007">&#9744;</span></span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g)</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">OF THE SECURITIES EXC</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">HANGE ACT OF 1934&#160;</span></p>
<p style="margin: 6pt 0pt 0pt; page-break-after: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">OR</span></p>
<p style="margin: 6pt 0pt 0pt 24.5pt; text-align: justify; text-indent: -24.5pt;"><span style="font-family: 'Segoe UI Symbol'; font-size: 10pt;"><span style="-sec-ix-hidden:Tag8008">&#9746;</span></span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 </span></p>
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<p style="margin: 6pt 0pt 0pt; page-break-after: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">OR</span></p>
<p style="margin: 6pt 0pt 0pt 24.5pt; text-align: justify; text-indent: -24.5pt;"><span style="font-family: 'Segoe UI Symbol'; font-size: 10pt;"><span style="-sec-ix-hidden:Tag8009">&#9744;</span></span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 </span></p>
<p style="margin: 6pt 0pt 0pt; page-break-after: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">OR</span></p>
<p style="margin: 6pt 0pt 0pt 24.5pt; text-align: justify; text-indent: -24.5pt;"><span style="font-family: 'Segoe UI Symbol'; font-size: 10pt;"><span style="-sec-ix-hidden:Tag8010">&#9744;</span></span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">SH</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">ELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 </span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">For the transition period from</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">to </span></p>
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<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">(Exact name of Registrant as specified in its charter) </span></p>
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<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">(Translation of Registrant&#8217;s name into English) </span></p>
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<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">(Jurisdiction of incorporation or organization) </span></p>
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<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">(Address of principal executive offices) </span></p>
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<p style="margin: 0pt 0pt 0pt; text-align: center; font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"><span><ix:nonNumeric contextRef="D20211231_BusinessContactMember" name="dei:EntityAddressAddressLine1" id="Tag7843">Brigadeiro Luis Ant&#244;nio Avenue, 1343, 9<sup>th</sup> Floor</ix:nonNumeric></span></p>
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<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"><span>Telephone: <span style="border-left: none; border-right: none;"><ix:nonNumeric contextRef="D20211231_BusinessContactMember" name="dei:CityAreaCode" id="Tag7842">55 11</ix:nonNumeric></span> <span style="border-left: none; border-right: none;"><ix:nonNumeric contextRef="D20211231_BusinessContactMember" name="dei:LocalPhoneNumber" id="Tag6902">3177 7014</ix:nonNumeric></span> </span></span></p>
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">(Name, telephone, e-mail and/or facsimile number and address of company contact person) </span></p>
<p style="border-bottom-color: #000000; border-bottom-style: solid; border-bottom-width: 1pt; line-height: 6pt; margin: 6pt 216pt 0pt; padding-bottom: 1pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 6pt;">&#160;</span></p>
<p style="margin: 6pt 0pt 0pt; page-break-after: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Securities registered or to be registered pursuant to Section</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">12(b) of the Act:&#160;</span></p>
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<td style="vertical-align: middle; width: 36.58%; height: 15px;">
<p style="font-size: 11pt; line-height: 108%; margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
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<td style="vertical-align: middle; width: 31.78%; height: 15px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="vertical-align: middle; width: 31.64%; height: 15px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
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<td style="vertical-align: bottom; width: 36.58%; height: 32px;">
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">Title of each class</span></p>
<p style="border-top-color: #000000; border-top-style: solid; border-top-width: 1pt; line-height: 8pt; margin: 1pt 0pt 0pt; padding-top: 1pt; page-break-after: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;">&#160;</span></p>
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<td style="padding-left: 7.2pt; vertical-align: bottom; width: 31.78%; height: 32px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">Trading Symbol</span></p>
<p style="border-top-color: #000000; border-top-style: solid; border-top-width: 1pt; line-height: 8pt; margin: 0pt; padding-top: 1pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;">&#160;</span></p>
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<td style="padding-left: 7.2pt; vertical-align: bottom; width: 31.64%; height: 32px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">Name</span><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">of</span><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">each</span><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">exchange</span><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">on</span><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">which</span><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">registered</span></p>
<p style="border-top-color: #000000; border-top-style: solid; border-top-width: 1pt; line-height: 8pt; margin: 0pt; padding-top: 1pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;">&#160;</span></p>
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<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><span style="border-right: none; border-left: none;"><span style="border-left: none; border-right: none;"><ix:nonNumeric contextRef="D20211231_3" name="dei:Security12bTitle" id="Tag6906">Common Shares</ix:nonNumeric>, without par value</span> (represented by, and traded only in the form of, American Depositary Shares (evidenced by American Depositary Receipts), with each American Depositary Share representing one common share)</span></span></p>
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<td style="vertical-align: top; width: 31.78%; height: 51px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt 0pt 8pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonNumeric contextRef="D20211231_3" name="dei:TradingSymbol" id="Tag7840">UGP</ix:nonNumeric></span></p>
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<p style="font-size: 10pt; line-height: 108%; margin: 0pt 0pt 8pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><span style="-sec-ix-hidden:Tag8018">New York Stock Exchange</span></span></p>
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<p style="border-bottom-color: #000000; border-bottom-style: solid; border-bottom-width: 1pt; line-height: 6pt; margin: 6pt 216pt 0pt; padding-bottom: 1pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 6pt;">&#160;</span></p>
<p style="margin: 6pt 0pt 0pt; page-break-after: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Securities registered or to be registered pursuant to Section</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">12(g) of the Act: </span></p>
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">None </span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Securities for which there is a reporting obligation pursuant to Section</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">15(d) of the Act: </span></p>
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">None</span></p>
<p style="margin: 0pt; text-align: justify; font-family: 'Times New Roman'; font-size: 7pt;"><span style="font-family: 'Times New Roman'; font-size: 7pt;">&#160;</span></p>
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</div>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Indicate the number of outstanding shares of each of the issuer&#8217;s classes of capital or common stock as of the close of the period covered by the annual report.&#160;</span></p>
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0px; text-indent: 0px;"><br/><span style="font-family: 'Times New Roman'; font-size: 10pt;">The number of outstanding shares of each class as of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 2021. </span></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 12pt;">&#160;</span></p>
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<tbody>
<tr style="height: 7.5pt;">
<td style="vertical-align: middle;">
<p style="line-height: 11pt; margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
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<td style="vertical-align: middle;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt;">&#160;</span></p>
</td>
<td style="vertical-align: middle;">
<p style="line-height: 10pt; margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
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<tr style="height: 13.5pt;">
<td style="border-bottom-color: #000000; border-bottom-style: solid; border-bottom-width: 1pt; vertical-align: bottom; width: 49%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">Title of Class</span></p>
</td>
<td style="vertical-align: bottom; width: 2%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="border-bottom-color: #000000; border-bottom-style: solid; border-bottom-width: 1pt; vertical-align: bottom; width: 49%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">Number</span><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">of</span><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">Shares</span><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">Outstanding</span></p>
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<td style="vertical-align: top;">
<p style="line-height: 10pt; margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Common Stock</span></p>
</td>
<td style="vertical-align: top;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt;">&#160;</span></p>
</td>
<td style="vertical-align: top;">
<p style="line-height: 10pt; margin: 0pt; text-align: center;"><span><ix:nonFraction contextRef="I20211231" name="dei:EntityCommonStockSharesOutstanding" unitRef="Shares" id="Tag7837" decimals="0" format="ixt:num-dot-decimal">1,088,172,907</ix:nonFraction></span></p>
</td>
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<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Indicate by check mark if the registrant is a w</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">ell-known seasoned issuer, as defined in Rule 405 of the Securities Act. </span><span style="font-family: 'Segoe UI Symbol'; font-size: 10pt;"><span style="border-right: none; border-left: none;">&#9746;</span></span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_3" name="dei:EntityWellKnownSeasonedIssuer" id="Tag6912">Yes</ix:nonNumeric> </span><span style="font-family: 'Segoe UI Symbol'; font-size: 10pt;">&#9744;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> No</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">If this report is an annual or transition report, indicate by check mark if the registrant is not required to file reports pursuant to Section</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">13 or 15(d) of the Securitie</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">s Exchange Act of 1934. </span><span style="font-family: 'Segoe UI Symbol'; font-size: 10pt;">&#9744;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Yes </span><span style="font-family: 'Segoe UI Symbol'; font-size: 10pt;">&#9746;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_3" name="dei:EntityVoluntaryFilers" id="Tag6911">No</ix:nonNumeric> </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Note&#8212;Checking the box above will not relieve any registrant required to file reports pursuant to Section</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">13 or 15(d) of the Securities Exchange Act of 1934 from their obligations under those Sections. </span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Indicate by check </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">mark whether the registrant (1)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">has filed all reports required to be filed by Section</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">has been subject to such filing requirements for the past 90 days. </span><span style="font-family: 'Segoe UI Symbol'; font-size: 10pt;">&#9746;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_3" name="dei:EntityCurrentReportingStatus" id="Tag6910">Yes</ix:nonNumeric> </span><span style="font-family: 'Segoe UI Symbol'; font-size: 10pt;">&#9744;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> No </span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulations S-T (&#167;232.405 of this chapter) during the preceding 12 months (or for such short</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">er period that the registrant was required to submit such files). </span><span style="font-family: 'Segoe UI Symbol'; font-size: 10pt;">&#9746;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_3" name="dei:EntityInteractiveDataCurrent" id="Tag6905">Yes</ix:nonNumeric> </span><span style="font-family: 'Segoe UI Symbol'; font-size: 10pt;">&#9744;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> No </span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or an emerging growth company. See the definitions of &#8220;l</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">arge accelerated filer&#8221;, &#8220;accelerated filer,&#8221; and &#8220;emerging growth company&#8221; in Rule 12b-2 of the Exchange Act. (Check one):&#160;</span></p>
<p style="margin: 12pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonNumeric contextRef="D20211231_3" name="dei:EntityFilerCategory" id="Tag6899">Large Accelerated Filer</ix:nonNumeric> </span><span style="font-family: 'Segoe UI Symbol'; font-size: 10pt;">&#9746;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Accelerated Filer </span><span style="font-family: 'Segoe UI Symbol'; font-size: 10pt;">&#9744;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span></p>
<p style="margin: 12pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Non-accelerated Filer </span><span style="font-family: 'Segoe UI Symbol'; font-size: 10pt;">&#9744;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Emerging growth company </span><span style="font-family: 'Segoe UI Symbol'; font-size: 10pt;">&#9744;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">If an emerging growth company that prepares its financial statements in accordance with U.S. GAAP, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards&#8224; provided pursuant to Section</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">13(a) of the Exchange Act. </span><span style="font-family: 'Segoe UI Symbol'; font-size: 10pt;"><span style="-sec-ix-hidden:Tag8020">&#9744;</span></span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8224; The term &#8220;new or revised financial accounting standard&#8221; refers to any update issued by the Financial Accounting Standards Board to its Accounting Standards Codification after April</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">5, 2012. </span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Indicate by check mark whether the registrant has filed a report on and attestation to its management&#8217;s assessment of the effectiveness of its internal control over financial reporting under Section</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report. </span><span style="font-family: 'Segoe UI Symbol'; font-size: 10pt;"><span style="-sec-ix-hidden:Tag8021">&#9746;</span></span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Indicate by check mark which basis of accounting the registrant has used to prepare the financial statements included in this filing:</span><span style="font-family: 'Times New Roman'; font-size: 12pt;">&#160;</span></p>
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; height: 51px; width: 100%;" width="100%">
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<tr style="height: 15px;">
<td style="vertical-align: middle; height: 15px;">
<p style="font-size: 11pt; line-height: 108%; margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
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<td style="vertical-align: middle; height: 15px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="vertical-align: middle; height: 15px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
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<td style="vertical-align: bottom; width: 33%; height: 36px;">
<p style="margin: 0pt 0pt 0pt 12pt; text-align: center; text-indent: -12pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">U.S.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">GAAP </span><span style="font-family: 'Segoe UI Symbol'; font-size: 10pt;">&#9744;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="vertical-align: bottom; width: 33%; height: 36px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonNumeric contextRef="D20211231_3" name="dei:DocumentAccountingStandard" id="Tag6907">International Financial Reporting Standards</ix:nonNumeric> as issued</span></p>
<p style="margin: 0pt 0pt 1pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">by the International Accounting Standards Board </span><span style="font-family: 'Segoe UI Symbol'; font-size: 10pt;">&#9746;</span></p>
</td>
<td style="vertical-align: bottom; width: 33%; height: 36px;">
<p style="margin: 0pt 0pt 0pt 12pt; text-align: center; text-indent: -12pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">other </span><span style="font-family: 'Segoe UI Symbol'; font-size: 10pt;">&#9744;</span></p>
</td>
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<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">If &#8220;Other&#8221; has been checked in response to the previous question, indicate by check mark which financial statement item the registrant has elected to follow: Item</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">17 </span><span style="font-family: 'Segoe UI Symbol'; font-size: 10pt;">&#9744;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Item</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">18 </span><span style="font-family: 'Segoe UI Symbol'; font-size: 10pt;">&#9744;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">If this is an annual report, indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). </span><span style="font-family: 'Segoe UI Symbol'; font-size: 10pt;">&#9744;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Yes </span><span style="font-family: 'Segoe UI Symbol'; font-size: 10pt;"><span style="-sec-ix-hidden:Tag8019">&#9746;</span></span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> No </span></p>
<p style="border-top-color: #000000; border-top-style: solid; border-top-width: 0.75pt; line-height: 0.5pt; margin: 12pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 4pt;">&#160;</span></p>
<p style="border-top-color: #000000; border-top-style: solid; border-top-width: 1pt; line-height: 4pt; margin: 1pt 0pt 0pt; padding-top: 1pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 4pt;">&#160;</span></p>
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<p style="margin: 0pt; page-break-after: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">TABLE OF CONTENTS</span></span></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
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<td id="BM_BA_LFK71DSLC000000000000000000000" style="height: 17px; width: 580.016px;"><a href="#BA_LFK71DSLC000000000000000000000">PART I </a></td>
<td class="bmpageno" id="BMP_BA_LFK71DSLC000000000000000000000" style="height: 17px; width: 78.125px; text-align: right;">9</td>
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<td id="BM_BB_UKX0XTBCGW00000000000000000000" style="height: 17px; width: 580.016px; padding: 0px 0px 0px 25px;"><a href="#BB_UKX0XTBCGW00000000000000000000">ITEM 1. IDENTITY OF DIRECTORS, SENIOR MANAGEMENT AND ADVISORS</a></td>
<td class="bmpageno" id="BMP_BB_UKX0XTBCGW00000000000000000000" style="height: 17px; width: 78.125px; text-align: right;">9</td>
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<td id="BM_BC_775XSOP19S00000000000000000000" style="height: 17px; width: 580.016px; padding: 0px 0px 0px 25px;"><a href="#BC_775XSOP19S00000000000000000000">ITEM 2. OFFER STATISTICS AND EXPECTED TIMETABLE</a></td>
<td class="bmpageno" id="BMP_BC_775XSOP19S00000000000000000000" style="height: 17px; width: 78.125px; text-align: right;">9</td>
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<td id="BM_BD_FIN1VT8KSG00000000000000000000" style="height: 17px; width: 580.016px; padding: 0px 0px 0px 25px;"><a href="#BD_FIN1VT8KSG00000000000000000000">ITEM 3. KEY INFORMATION</a></td>
<td class="bmpageno" id="BMP_BD_FIN1VT8KSG00000000000000000000" style="height: 17px; width: 78.125px; text-align: right;">9</td>
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<td id="BM_BE_FK8ZG4IRG000000000000000000000" style="height: 17px; width: 580.016px; padding: 0px 0px 0px 25px;"><a href="#BE_FK8ZG4IRG000000000000000000000">ITEM 4. INFORMATION ON THE COMPANY</a></td>
<td class="bmpageno" id="BMP_BE_FK8ZG4IRG000000000000000000000" style="height: 17px; width: 78.125px; text-align: right;">27</td>
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<td id="BM_BF_VEIQYG1NEO00000000000000000000" style="height: 17px; width: 580.016px; padding: 0px 0px 0px 25px;"><a href="#BF_VEIQYG1NEO00000000000000000000">ITEM 4A. UNRESOLVED STAFF COMMENTS</a></td>
<td class="bmpageno" id="BMP_BF_VEIQYG1NEO00000000000000000000" style="height: 17px; width: 78.125px; text-align: right;">98</td>
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<td id="BM_BG_NB4RYQMC2800000000000000000000" style="height: 17px; width: 580.016px; padding: 0px 0px 0px 25px;"><a href="#BG_NB4RYQMC2800000000000000000000">ITEM 5. OPERATING AND FINANCIAL REVIEW AND PROSPECTS</a></td>
<td class="bmpageno" id="BMP_BG_NB4RYQMC2800000000000000000000" style="height: 17px; width: 78.125px; text-align: right;">98</td>
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<td id="BM_BH_8SYX26GTDC00000000000000000000" style="height: 17px; width: 580.016px; padding: 0px 0px 0px 25px;"><a href="#BH_8SYX26GTDC00000000000000000000">ITEM 6. DIRECTORS, SENIOR MANAGEMENT AND EMPLOYEES</a></td>
<td class="bmpageno" id="BMP_BH_8SYX26GTDC00000000000000000000" style="height: 17px; width: 78.125px; text-align: right;">123</td>
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<td id="BM_BK_I4GI5NYHOG00000000000000000000" style="height: 17px; width: 580.016px; padding: 0px 0px 0px 25px;"><a href="#BK_I4GI5NYHOG00000000000000000000">ITEM 7. MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS</a></td>
<td class="bmpageno" id="BMP_BK_I4GI5NYHOG00000000000000000000" style="height: 17px; width: 78.125px; text-align: right;">135</td>
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<td id="BM_BL_Q4R8LICNJ400000000000000000000" style="height: 17px; width: 580.016px; padding: 0px 0px 0px 25px;"><a href="#BL_Q4R8LICNJ400000000000000000000">ITEM 8. FINANCIAL INFORMATION</a></td>
<td class="bmpageno" id="BMP_BL_Q4R8LICNJ400000000000000000000" style="height: 17px; width: 78.125px; text-align: right;">138</td>
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<td id="BM_BM_H4LN8AU4SG00000000000000000000" style="height: 17px; width: 580.016px; padding: 0px 0px 0px 25px;"><a href="#BM_H4LN8AU4SG00000000000000000000">ITEM 9. THE OFFER AND LISTING</a></td>
<td class="bmpageno" id="BMP_BM_H4LN8AU4SG00000000000000000000" style="height: 17px; width: 78.125px; text-align: right;">144</td>
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<td id="BM_BN_09CS8MTWS000000000000000000000" style="height: 17px; width: 580.016px; padding: 0px 0px 0px 25px;"><a href="#BN_09CS8MTWS000000000000000000000">ITEM 10. ADDITIONAL INFORMATION</a></td>
<td class="bmpageno" id="BMP_BN_09CS8MTWS000000000000000000000" style="height: 17px; width: 78.125px; text-align: right;">145</td>
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<td id="BM_BM_0O84X5ZIBK00000000000000000000" style="height: 17px; width: 580.016px; padding: 0px 0px 0px 25px;"><a href="#BM_0O84X5ZIBK00000000000000000000">ITEM 11. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK</a></td>
<td class="bmpageno" id="BMP_BM_0O84X5ZIBK00000000000000000000" style="height: 17px; width: 78.125px; text-align: right;">159</td>
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<td id="BM_BN_A95LQPOC8000000000000000000000" style="height: 17px; width: 580.016px; padding: 0px 0px 0px 25px;"><a href="#BN_A95LQPOC8000000000000000000000">ITEM 12. DESCRIPTION OF SECURITIES OTHER THAN EQUITY SECURITIES</a></td>
<td class="bmpageno" id="BMP_BN_A95LQPOC8000000000000000000000" style="height: 17px; width: 78.125px; text-align: right;">169</td>
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<td id="BM_BO_438EA0VN9S00000000000000000000" style="height: 17px; width: 580.016px;"><a href="#BO_438EA0VN9S00000000000000000000">PART II</a></td>
<td class="bmpageno" id="BMP_BO_438EA0VN9S00000000000000000000" style="height: 17px; width: 78.125px; text-align: right;">171</td>
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<td id="BM_BP_9FPRZNNDXS00000000000000000000" style="height: 17px; width: 580.016px; padding: 0px 0px 0px 25px;"><a href="#BP_9FPRZNNDXS00000000000000000000">ITEM 13. DEFAULTS, DIVIDEND ARREARAGES AND DELINQUENCIES</a></td>
<td class="bmpageno" id="BMP_BP_9FPRZNNDXS00000000000000000000" style="height: 17px; width: 78.125px; text-align: right;">171</td>
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<td id="BM_BQ_5GFBM5DSG000000000000000000000" style="height: 17px; width: 580.016px; padding: 0px 0px 0px 25px;"><a href="#BQ_5GFBM5DSG000000000000000000000">ITEM 14. MATERIAL MODIFICATIONS TO THE RIGHTS OF SECURITY HOLDERS AND USE OF PROCEEDS</a></td>
<td class="bmpageno" id="BMP_BQ_5GFBM5DSG000000000000000000000" style="height: 17px; width: 78.125px; text-align: right;">171</td>
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<td id="BM_BR_6IXIV4QY8000000000000000000000" style="height: 17px; width: 580.016px; padding: 0px 0px 0px 25px;"><a href="#BR_6IXIV4QY8000000000000000000000">ITEM 15. CONTROLS AND PROCEDURES</a></td>
<td class="bmpageno" id="BMP_BR_6IXIV4QY8000000000000000000000" style="height: 17px; width: 78.125px; text-align: right;">171</td>
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<td id="BM_BS_MJPKAZRM8000000000000000000000" style="height: 17px; width: 580.016px; padding: 0px 0px 0px 25px;"><a href="#BS_MJPKAZRM8000000000000000000000">ITEM 16. [Reserved]</a></td>
<td class="bmpageno" id="BMP_BS_MJPKAZRM8000000000000000000000" style="height: 17px; width: 78.125px; text-align: right;">173</td>
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<td id="BM_BT_RBG1ZEGCS000000000000000000000" style="height: 17px; width: 580.016px; padding: 0px 0px 0px 25px;"><a href="#BT_RBG1ZEGCS000000000000000000000">ITEM 16A. AUDIT COMMITTEE FINANCIAL EXPERT</a></td>
<td class="bmpageno" id="BMP_BT_RBG1ZEGCS000000000000000000000" style="height: 17px; width: 78.125px; text-align: right;">173</td>
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<td id="BM_BU_FFSIFGFBB400000000000000000000" style="height: 17px; width: 580.016px; padding: 0px 0px 0px 25px;"><a href="#BU_FFSIFGFBB400000000000000000000">ITEM 16B. CODE OF ETHICS</a></td>
<td class="bmpageno" id="BMP_BU_FFSIFGFBB400000000000000000000" style="height: 17px; width: 78.125px; text-align: right;">173</td>
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<tr style="height: 17px;">
<td id="BM_BV_EEW68MB9K000000000000000000000" style="height: 17px; width: 580.016px; padding: 0px 0px 0px 25px;"><a href="#BV_EEW68MB9K000000000000000000000">ITEM 16C. PRINCIPAL ACCOUNTANT FEES AND SERVICES</a></td>
<td class="bmpageno" id="BMP_BV_EEW68MB9K000000000000000000000" style="height: 17px; width: 78.125px; text-align: right;">174</td>
</tr>
<tr style="height: 17px;">
<td id="BM_BW_GQ052B4P9C00000000000000000000" style="height: 17px; width: 580.016px; padding: 0px 0px 0px 25px;"><a href="#BW_GQ052B4P9C00000000000000000000">ITEM 16D. EXEMPTIONS FROM THE LISTING STANDARDS FOR AUDIT COMMITTEES</a></td>
<td class="bmpageno" id="BMP_BW_GQ052B4P9C00000000000000000000" style="height: 17px; width: 78.125px; text-align: right;">174</td>
</tr>
<tr style="height: 17px;">
<td id="BM_BX_Q2OZG59OAO00000000000000000000" style="height: 17px; width: 580.016px; padding: 0px 0px 0px 25px;"><a href="#BX_Q2OZG59OAO00000000000000000000">ITEM 16E. PURCHASES OF EQUITY SECURITIES BY THE ISSUER AND AFFILIATED PURCHASERS</a></td>
<td class="bmpageno" id="BMP_BX_Q2OZG59OAO00000000000000000000" style="height: 17px; width: 78.125px; text-align: right;">174</td>
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<tr style="height: 17px;">
<td id="BM_B16f_79V7MDDAYO00000000000000000000" style="height: 17px; width: 580.016px; padding: 0px 0px 0px 25px;"><a href="#B16f_79V7MDDAYO00000000000000000000">ITEM 16F. CHANGE IN REGISTRANT&#8217;S INDEPENDENT PUBLIC ACCOUNTING FIRM</a></td>
<td class="bmpageno" id="BMP_B16f_79V7MDDAYO00000000000000000000" style="height: 17px; width: 78.125px; text-align: right;">175</td>
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<td id="BM_Baa_UMO5F1T88000000000000000000000" style="height: 17px; width: 580.016px; padding: 0px 0px 0px 25px;"><a href="#Baa_UMO5F1T88000000000000000000000">ITEM 16G. CORPORATE GOVERNANCE</a></td>
<td class="bmpageno" id="BMP_Baa_UMO5F1T88000000000000000000000" style="height: 17px; width: 78.125px; text-align: right;">175</td>
</tr>
<tr style="height: 17px;">
<td id="BM_BZ_S4GFFC89SG00000000000000000000" style="height: 17px; width: 580.016px; padding: 0px 0px 0px 25px;"><a href="#BZ_S4GFFC89SG00000000000000000000">ITEM 16H. MINE SAFETY DISCLOSURE</a></td>
<td class="bmpageno" id="BMP_BZ_S4GFFC89SG00000000000000000000" style="height: 17px; width: 78.125px; text-align: right;">179</td>
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<tr style="height: 17px;">
<td id="BM_Bbb_6FYONAXCB400000000000000000000" style="height: 17px; width: 580.016px; padding: 0px 0px 0px 25px;"><a href="#Bbb_6FYONAXCB400000000000000000000">ITEM 16I. DISCLOSURE REGARDING FOREIGN JURISDICTION THAT PREVENT INSPECTIONS</a></td>
<td class="bmpageno" id="BMP_Bbb_6FYONAXCB400000000000000000000" style="height: 17px; width: 78.125px; text-align: right;">179</td>
</tr>
<tr style="height: 17px;">
<td id="BM_BA1_U3QI5EP6N400000000000000000000" style="height: 17px; width: 580.016px;"><a href="#BA1_U3QI5EP6N400000000000000000000">PART III</a></td>
<td class="bmpageno" id="BMP_BA1_U3QI5EP6N400000000000000000000" style="height: 17px; width: 78.125px; text-align: right;">179</td>
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<tr style="height: 17px;">
<td id="BM_Ba2_521BBRWRA800000000000000000000" style="height: 17px; width: 580.016px; padding: 0px 0px 0px 25px;"><a href="#Ba2_521BBRWRA800000000000000000000">ITEM 17. FINANCIAL STATEMENTS</a></td>
<td class="bmpageno" id="BMP_Ba2_521BBRWRA800000000000000000000" style="height: 17px; width: 78.125px; text-align: right;">179</td>
</tr>
<tr style="height: 17px;">
<td id="BM_BA3_W596078KA800000000000000000000" style="height: 17px; width: 580.016px; padding: 0px 0px 0px 25px;"><a href="#BA3_W596078KA800000000000000000000">ITEM 18. FINANCIAL STATEMENTS</a></td>
<td class="bmpageno" id="BMP_BA3_W596078KA800000000000000000000" style="height: 17px; width: 78.125px; text-align: right;">179</td>
</tr>
<tr style="height: 17px;">
<td id="BM_BEX_BKZ7C3JROG00000000000000000000" style="height: 17px; width: 580.016px; padding: 0px 0px 0px 25px;"><a href="#BEX_BKZ7C3JROG00000000000000000000">ITEM 19. EXHIBITS</a></td>
<td class="bmpageno" id="BMP_BEX_BKZ7C3JROG00000000000000000000" style="height: 17px; width: 78.125px; text-align: right;">180</td>
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<td style="height: 17px; margin: 0px; text-indent: 0px; text-align: left;"><a href="#BFS_X24D1O8E3400000000000000000000"><span style="font-size: 10.0pt; mso-bidi-font-size: 11.0pt; line-height: 107%; font-family: 'Times New Roman','serif'; mso-fareast-font-family: Calibri; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA;">FINANCIAL STATEMENTS</span></a> <br/></td>
<td style="width: 78.125px; text-align: right; height: 17px;">F-1</td>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">1</span></td>
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<p style="margin: 0pt; page-break-after: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">INTRODUCTION </span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultrapar is a Brazilian company with over 84 years of history, with its origins dating back to 1937, when Ernesto Igel founded Ultragaz, which was a pioneer in the use of Liquified Petroleum Gas (LPG) as cooking gas. Since then, Ultrapar has become one of the largest business groups in Brazil. As of December 31, 2021, Ultrapar owned the following main businesses: Ipiranga, Ultragaz and Ultracargo (energy and infrastructure), abastece a&#237; (digital payments), Oxiteno (specialty chemicals) and Extrafarma (retail pharmacy), the last two of which are classified as discontinued operations and held for sale. The sale of Oxiteno was closed on April 1, 2022 and we expect to conclude the sale of Extrafarma during 2022. For more information on our continued and discontinued operations, please see "Item 4.A. History and Development of the Company &#8212;A.1. Continuing Operations&#8221; and &#8220;&#8212;A.2 Discontinued Operations.&#8221;</span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Since 1999, Ultrapar&#8217;s shares are traded under an ADR Level III program on the New York Stock Exchange &#8211; NYSE, and on the S&#227;o Paulo Stock Exchange, B3 S.A. Since 2011, the Company&#8217;s shares have been listed on B3&#8217;s Novo Mercado, the segment with the highest standards of corporate governance.</span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">Continuing Operations</span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultragaz is a pioneer and a leader in LPG distribution in Brazil, one of the largest markets worldwide. Ultragaz had a 23.1% market share in 2021, according to ANP and was one of the largest independent LPG distributors in the world in terms of volume sold. See &#8220;Item&#160;4.B. Information on the Company&#8212;Business Overview&#8212;Distribution of Liquefied Petroleum Gas&#8212;Ultragaz&#8212;Competition.&#8221; As of December&#160;31, 2021, we delivered LPG to an estimated 11&#160;million households through a network of approximately 5.6&#160;thousand independent retailers in the bottled segment and to approximately 58&#160;thousand customers in the bulk segment. In 2021, Ultragaz&#8217;s total LPG volume sold was 1.7&#160;million tons.</span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultracargo is the largest private company of liquid bulk storage in Brazil, with seven terminals and storage capacity of 983&#160;thousand cubic meters as of December&#160;31, 2021, providing it with leading positions in the main ports in Brazil. In December 2021, Ultracargo expanded its geographic presence to the Northern region of Brazil, with the beginning of the operations of its new terminal located in Vila do Conde, in the state of Par&#225;.</span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ipiranga is one of the largest fuel distributors in Brazil, with a network of 7,104 service stations and 18.4% market share in 2021 considering ethanol, gasoline, and diesel, according to ANP. In addition to the service stations, Ipiranga has 1,841 AmPm convenience stores and 1,149 Jet Oil franchises. See &#8220;Item&#160;4.B. Information on the Company&#8212;Business Overview&#8212;Fuel Distribution&#8212;Ipiranga&#8212;Competition.&#8221;</span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">abastece a&#237; is a digital payments company created in 2020 to leverage the benefits of Km de Vantagens and abastece a&#237; app, a digital ecosystem through which our clients, mainly car and truck drivers, are offered discounts and cashback. As of December 31, 2021, approximately two million digital accounts have been created.</span></li>
</ul>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">Discontinued Operations</span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Oxiteno is a major producer of surfactants and specialty chemicals. Focused on innovation and sustainability, Oxiteno is one of the largest producers of ethylene oxide and its main derivatives in Latin America, according to IHS Chemical. For the year ended December&#160;31, 2021, Oxiteno sold 779&#160;thousand tons of chemical products. In August 2021, Ultrapar entered into a share purchase and sale agreement for the sale of all of its shares in Oxiteno to Indorama. On April 1, 2022, the transaction was closed. As a result, Oxiteno is no longer part of Ultrapar&#8217;s operations.</span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Extrafarma is the seventh largest drugstore chain in Brazil, according to ABRAFARMA, with 399 drugstores and 4&#160;distribution centers as of December&#160;31, 2021. In May 2021, Ultrapar entered into a share purchase and sale agreement for the sale of all of its shares in Extrafarma to Pague Menos. As of the date of this annual report, the closing of the transaction is still subject to approval by the Brazilian antitrust authority.</span></li>
</ul>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">References in this annual report to &#8220;Ultrapar&#8221;, &#8220;Ultra Group&#8221;, &#8220;we&#8221;, &#8220;our&#8221;, &#8220;us&#8221; and &#8220;the Company&#8221; are to Ultrapar Participa&#231;&#245;es S.A. and its consolidated subsidiaries (unless the context otherwise requires). In addition, all references in this annual report to:</span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;abastece a&#237;&#8221; are to Ultrapar&#8217;s subsidiary that operates in the digital payment segment;</span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;ABIQUIM&#8221; are to Associa&#231;&#227;o Brasileira da Ind&#250;stria Qu&#237;mica, the Brazilian association of chemical industries; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;ABRAFARMA&#8221; are to Associa&#231;&#227;o Brasileira de Redes de Farm&#225;cias e Drogarias, the Brazilian association of pharmacy and drugstore chains; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;ABTL&#8221; are to Associa&#231;&#227;o Brasileira de Terminais de L&#237;quidos, the Brazilian association of liquid bulk terminal operators; </span></li>
</ul>
<p style="margin: 0pt; text-align: justify; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt; font-family: 'times new roman', times;" class="pageno">2</span></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><a href="#TOC">Table of Contents</a></span></div>
</div>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;ADSs&#8221; are to our American Depositary Shares, each representing (i)&#160;one common share, with respect to any period on or after August&#160;17, 2011; or (ii)&#160;one non-voting preferred share, with respect to any period prior to August&#160;17, 2011; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;AmPm&#8221; are to Ipiranga&#8217;s convenience stores franchise network that operate under the brand AmPm, managed by AmPm Comest&#237;veis Ltda.; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;ANFAVEA&#8221; are to Associa&#231;&#227;o Nacional dos Fabricantes de Ve&#237;culos Automotores, the Brazilian association of vehicle producers; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;ANP&#8221; are to the Ag&#234;ncia Nacional do Petr&#243;leo, G&#225;s Natural e Biocombust&#237;veis, the Brazilian oil, natural gas and biofuels regulatory agency; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;ANVISA&#8221; are to the Ag&#234;ncia Nacional de Vigil&#226;ncia Sanit&#225;ria, the Brazilian health surveillance agency; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;ARLA&#8221; are to Automotive Liquid Reducing Agent; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;B3&#8221; are to the B3 S.A.&#8212;Brasil, Bolsa, Balc&#227;o, the S&#227;o Paulo Stock Exchange; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Braskem&#8221; are to Braskem S.A.; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Brazilian Corporate Law&#8221; are to Law No.&#160;6,404 enacted in December 1976, as amended by Law No.&#160;9,457 enacted in May 1997, by Law No.&#160;10,303 enacted in October 2001, by Law No.&#160;11,638 enacted in December 2007, by Law No.&#160;11,941 enacted in May 2009, by Law No.&#160;12,431 enacted in June 2011, by Law No.&#160;12,810 enacted in May 2013, by Law No.&#160;13,129 enacted in May 2015, by Law No.&#160;13,818 enacted in April 2019, by Law No.&#160;13,874 enacted in September 2019, and by Law No.&#160;14,030 enacted in July 2020; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Brazilian GAAP&#8221; are accounting practices adopted in Brazil that comprise the Brazilian Corporate Law and the Pronouncements, Guidelines and Interpretations issued by the Accounting Pronouncements Committee (&#8220;CPC&#8221;) and approved by the Federal Accounting Council (&#8220;CFC&#8221;) and the Brazilian Securities and Exchange Commission (&#8220;CVM&#8221;); </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;CADE&#8221; are to Conselho Administrativo de Defesa Econ&#244;mica, the Brazilian Antitrust Authority; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Canamex&#8221; are to the chemical business formerly owned by the Berci Group, a company that was acquired by Oxiteno in 2003, currently Oxiteno Mexico; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;CBL&#8221; are to Chevron Brasil Ltda. (currently Ipiranga), a former subsidiary of Chevron that, together with Galena, held Texaco; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;CBLSA&#8221; are to Chevron Brasil Lubrificantes S.A., now called Iconic; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;CBPI&#8221; are to Companhia Brasileira de Petr&#243;leo Ipiranga, a company that was merged into Ipiranga in November 2009; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Central Bank&#8221; are to the Banco Central do Brasil, the Brazilian central bank; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Chevron&#8221; are to Chevron Latin America Marketing LLC and Chevron Amazonas LLC; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Code&#8221; are to the U.S. Internal Revenue Code of 1986, as amended; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Commodity Exception&#8221; are to gains derived from &#8220;qualified active sales&#8221; of commodities and &#8220;qualified hedging transactions&#8221; involving commodities, within the meaning of the applicable U.S. Treasury regulations; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;CONAMA&#8221; are to Conselho Nacional do Meio Ambiente &#8211; the National Council of the Environment; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;ConectCar&#8221; are to ConectCar Solu&#231;&#245;es de Mobilidade Eletr&#244;nica S.A., a joint-venture initially formed by Ipiranga and OTP (Odebrecht Transport S.A.), which started its operations in 2012. In 2016, Redecard S.A. acquired OTP&#8217;s interest in ConectCar. In June 2021, Ultrapar entered into a share purchase and sale agreement for the sale of its equity interest in ConectCar to a subsidiary of Porto Seguro. The transaction was closed in October 2021. As a result, ConectCar is no longer part of Ultrapar&#8217;s operations;</span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Conversion&#8221; are to the conversion of all preferred shares issued by the company into common shares, at a ratio of 1&#160;(one) preferred share for 1&#160;(one) common share, as approved at the extraordinary general shareholders&#8217; meeting and the special preferred shareholders&#8217; meeting, both held on June&#160;28, 2011; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;CVM&#8221; are to Comiss&#227;o de Valores Mobili&#225;rios, the Securities and Exchange Commission of Brazil; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Deposit Agreement&#8221; are to the Deposit Agreement between Ultrapar Participa&#231;&#245;es S.A. and the Bank of New York Mellon, dated September&#160;16, 1999, and all subsequent amendments thereto; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;DI&#8221; are to the Brazilian money market interest rate (Certificados de Dep&#243;sito Interbanc&#225;rio); </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;DNP&#8221; are to Distribuidora Nacional de Petr&#243;leo Ltda., a company that was acquired by Ipiranga in 2010 and was merged into Ipiranga in 2011; </span></li>
</ul>
<p style="margin: 0pt; text-align: justify; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt; font-family: 'times new roman', times;" class="pageno">3</span></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><a href="#TOC">Table of Contents</a></span></div>
</div>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;DPPI&#8221; are to Distribuidora de Produtos de Petr&#243;leo Ipiranga S.A., a company that was merged into CBPI in 2008;</span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;EBITDA&#8221; are to earnings before interest, taxes, depreciation and amortization;</span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;EMCA&#8221; are to Empresa Carioca de Produtos Qu&#237;micos S.A.; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Extrafarma&#8221; are to Imifarma Produtos Farmac&#234;uticos e Cosm&#233;ticos S.A., a wholly-owned subsidiary of Ipiranga, which is wholly-owned by Ultrapar and whose operations we sold. For more information, <span style="font-style: italic;">see</span> &#8220;Item&#160;4.A. Information on the Company&#8212;History and Development of the Company&#8212;A.2. Discontinued Operations&#8212;Extrafarma;&#8221;</span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Extrafarma Transaction&#8221; are to the exchange of shares of Extrafarma for Ultrapar&#8217;s shares on January&#160;31, 2014, as described in &#8220;Item&#160;4.A. Information on the Company&#8212;History and Development of the Company&#8212;A.2. Discontinued Operations &#8212;Extrafarma;&#8221;</span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Galena&#8221; are to Sociedade An&#244;nima de &#211;leo Galena Signal, a former subsidiary of Chevron that, together with CBL, held Texaco; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;IAS&#8221; are to International Accounting Standards; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;IASB&#8221; are to International Accounting Standards Board; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;IBP&#8221; are to Instituto Brasileiro de Petr&#243;leo e G&#225;s; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Iconic&#8221; are to Iconic Lubrificantes S.A., formerly CBLSA, an association formed by Ipiranga and Chevron, which started its operations in 2017; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;IFRS&#8221; are to International Financial Reporting Standards, as issued by IASB; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;IGP-M&#8221; are to General Index of Market Prices of Brazilian inflation (&#205;ndice Geral de Pre&#231;os &#8211; Mercado), calculated by the Getulio Vargas Foundation; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Indorama&#8221; are to Indorama Ventures PLC;</span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;IpiLubs&#8221; are to Ipiranga Lubrificantes S.A., a company that was merged into CBLSA in November 2018; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Ipiranga&#8221; are to Ultrapar&#8217;s subsidiaries that operate in the fuel distribution business and related activities; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Ipiranga Group&#8221; are to RPR, DPPI, CBPI, Ipiranga Qu&#237;mica S.A. (&#8220;IQ&#8221;), Ipiranga Petroqu&#237;mica S.A. (&#8220;IPQ&#8221;), Companhia Petroqu&#237;mica do Sul S.A. (&#8220;Copesul&#8221;) and their respective subsidiaries prior to their sale to Ultrapar, Petrobras and Braskem; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Ipiranga Group SPA&#8221; are to the Share Purchase Agreement entered into and among Ultrapar, with the consent of Petrobras and Braskem, and the Key Shareholders on March&#160;18, 2007; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Ipiranga Group Transaction Agreements&#8221; are to agreements related to the acquisition of Ipiranga Group by Ultrapar, Petrobras and Braskem. Each Ipiranga Group Transaction Agreement is incorporated by reference to Exhibits 2.5, 2.6, 2.7, 4.4, 4.5, 4.6 and 4.7 to Form 20-F of Ultrapar Participa&#231;&#245;es S.A. filed on June&#160;7, 2007; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;IQVIA&#8221;, are to the merger of Quintiles and IMS Health, Inc.; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;IRS&#8221; are to U.S. Internal Revenue Service; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Key Shareholders&#8221; are to Ipiranga Group&#8217;s former controlling shareholders prior to the closing of the Ipiranga Group SPA; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;<span style="font-style: italic;">K</span><span style="font-style: italic;">m de </span><span style="font-style: italic;">V</span><span style="font-style: italic;">antagens</span>&#8221; are to <span style="font-style: italic;">Km de Vantagens</span> (Km of Advantages Program) loyalty program, part of abastece a&#237; business;</span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Liquig&#225;s&#8221; are to Liquig&#225;s Distribuidora S.A.;</span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;LPG&#8221; are to liquefied petroleum gas;</span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;NAFTA&#8221; are to North American Free Trade Agreement, formed by the United States, Canada and Mexico. A revised version of NAFTA has been agreed to by all three countries for approval under a new name, the United States Mexico Canada Agreement, or USMCA, and is awaiting legislative approval before it comes into force; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Novo Mercado&#8221; are to Novo Mercado listing segment of B3; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;NYSE&#8221; are to the New York Stock Exchange; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Oleoqu&#237;mica&#8221; are to Oleoqu&#237;mica Ind&#250;stria e Com&#233;rcio de Produtos Qu&#237;micos Ltda.; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Oxiteno&#8221; are to Oxiteno S.A. &#8211; Ind&#250;stria e Com&#233;rcio, our wholly-owned subsidiary and its subsidiaries that produce ethylene oxide and its principal derivatives, fatty alcohols and other specialty chemicals and were sold to Indorama on April 1, 2022. For more information see &#8220;Item&#160;4.A. Information on the Company&#8212;History and Development of the Company&#8212;A.2. Discontinued Operations &#8212;Oxiteno;&#8221;</span></li>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">4</span></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Oxiteno Andina&#8221; are to the business of Oxiteno that was carried out in Venezuela until October 2019. In October 2019, Oxiteno Andina was sold to a buyer in Venezuela; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Oxiteno Mexico&#8221; are to the business of Oxiteno carried out in Mexico; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Oxiteno Nordeste&#8221; are to Oxiteno Nordeste S.A. Ind&#250;stria e Com&#233;rcio, which was merged into Oxiteno in December 2019;&#160;</span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Oxiteno Uruguay&#8221; are to the business of Oxiteno carried out in Uruguay; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Oxiteno USA&#8221; are to the business of Oxiteno carried out in the United States; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Pague Menos&#8221; are to Empreendimentos Pague Menos S.A.; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Parth&#8221; are to Parth do Brasil Participa&#231;&#245;es Ltda., an investment company controlled by Mrs.&#160;Daisy Igel&#8217;s family and owner of 8% of Ultrapar&#8217;s capital stock; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;P&#225;tria&#8221; are to P&#225;tria Private Equity VI FIP Multiestrat&#233;gia, an investment company and a shareholder of both Ultra S.A. and Ultrapar; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Petrobras&#8221; are to Petrobras &#8211; Petr&#243;leo Brasileiro S.A.; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Petrochemical Business&#8221; are to IQ, IPQ and IPQ&#8217;s stake in Copesul; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Porto Seguro&#8221; are to Porto Seguro S.A.;</span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;PFIC&#8221; are to passive foreign investment company; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;PIS and COFINS taxes&#8221; are to Programa de Integra&#231;&#227;o Social (Integration Program Taxes) and Contribui&#231;&#227;o para o Financiamento da Securidade Social (Contribution for the Financing of Social Security Taxes), respectively; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;<span style="font-style: italic;">Real</span>&#8221;, &#8220;<span style="font-style: italic;">Reais</span>&#8221; or &#8220;R$&#8221; are to Brazilian<span style="font-style: italic;"> </span><span style="font-style: italic;">Reais</span>, the official currency of Brazil; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Repsol&#8221; are to Repsol G&#225;s Brasil S.A., a company that was acquired by Ultragaz in 2011 and was merged into Ultragaz in 2012; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;RPR&#8221; are to Refinaria de Petr&#243;leo Riograndense S.A. (formerly Refinaria de Petr&#243;leo Ipiranga S.A.), a joint-venture owned by Petrobras, Braskem and Ultrapar; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;SEC&#8221; are to the U.S. Securities and Exchange Commission; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Securities Act&#8221; are to the U.S. Securities Act of 1933, as amended; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Selic&#8221; are to the Brazilian base interest rate; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Share Exchange&#8221; are to the exchanges of RPR&#8217;s, DPPI&#8217;s and CBPI&#8217;s preferred shares and any remaining common shares for Ultrapar&#8217;s preferred shares in connection with the acquisition of Ipiranga Group; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Sindicom&#8221; are to the Brazilian association of fuel distributors; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Sindig&#225;s&#8221; are to the Brazilian association of LPG distributors; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Southern Distribution Business&#8221; are to Ipiranga Group&#8217;s fuel and lubricant distribution businesses located in the South and Southeast regions of Brazil and their related activities; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;STF&#8221; are to Supremo Tribunal Federal, the Brazilian Supreme Federal Court; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;SUDENE&#8221; are to Superintend&#234;ncia do Desenvolvimento do Nordeste, the development agency of the Northeast of Brazil; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;TEAS&#8221; are to TEAS &#8211; Terminal Exportador de &#193;lcool de Santos Ltda., a company acquired by Ultracargo in March 2018; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Temmar&#8221; are to Terminal Mar&#237;timo do Maranh&#227;o S.A., a company that was acquired by Ultracargo in 2012 and was merged into Ultracargo Log&#237;stica in 2013; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Texaco&#8221; are to the Texaco-branded fuel marketing business in Brazil, previously carried-out by CBL and Galena, companies that were acquired by Ipiranga in 2009; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Tropical&#8221; are to Tropical Transportes Ipiranga Ltda.; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;TRR&#8221; are to Retail Wholesale Resellers, specialized resellers in the fuel distribution; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Ultra S.A.&#8221; are to Ultra S.A. Participa&#231;&#245;es, a holding company owned by members of the founding family and senior management of Ultrapar. Ultra S.A. is the largest shareholder of Ultrapar, holding 25% of its total capital stock; </span></li>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt; font-family: 'times new roman', times;" class="pageno">5</span></td>
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</div>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Ultracargo&#8221; are to Ultracargo Opera&#231;&#245;es Log&#237;sticas e Participa&#231;&#245;es Ltda., our wholly owned subsidiary and its subsidiaries that provide storage, handling and logistics services for liquid bulk cargo; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Ultracargo Log&#237;stica&#8221; are to Ultracargo Log&#237;stica S.A., Ultracargo&#8217;s subsidiary that operates in the liquid bulk storage segment, formerly named Terminal Qu&#237;mico de Aratu S.A. - Tequimar;</span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Ultragaz&#8221; are to Companhia Ultragaz S.A. and all Ultrapar&#8217;s subsidiaries that operate in the distribution of LPG; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Ultrapar International&#8221; are to Ultrapar International S.A.; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Uni&#227;o Terminais&#8221; are to Uni&#227;o Terminais e Armaz&#233;ns Gerais Ltda., a company that was merged into Ultracargo Log&#237;stica in 2008; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Uni&#227;o Vopak&#8221; are to Uni&#227;o Vopak Armaz&#233;ns Gerais Ltda., a joint-venture in which Ultracargo has a 50% stake; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Unipar&#8221; are to Uni&#227;o das Ind&#250;strias Petroqu&#237;micas S.A.; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;U.S. Holder&#8221; has the meaning given in &#8220;Item&#160;10. Additional Information&#8212;E. Taxation&#8212;U.S. Federal Income Tax Considerations&#8221;;</span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;US$&#8221;, &#8220;dollar&#8221;, &#8220;dollars&#8221; or &#8220;U.S. dollars&#8221; are to the United States dollar;</span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Vibra&#8221; are to Vibra Energia S.A.;</span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;2018 Shareholders&#8217; Agreement&#8221; has the meaning given in &#8220;Item&#160;4.A. Information on the Company&#8212;History and Development of the Company&#8212;Corporate Events&#8221;, &#8220;Item&#160;7.A. Major Shareholders and Related Party Transactions&#8212;Major Shareholders&#8221; and &#8220;Item&#160;10.C. Additional Information&#8212;Material Contracts;&#8221; and</span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;2020 Shareholders&#8217; Agreement&#8221; has the meaning given in &#8220;Item&#160;4.A. Information on the Company&#8212;History and Development of the Company&#8212;Corporate Events&#8221;, &#8220;Item&#160;7.A. Major Shareholders and Related Party Transactions&#8212;Major Shareholders&#8221; and &#8220;Item&#160;10.C. Additional Information&#8212;Material Contracts.&#8221;</span></li>
</ul>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Unless otherwise specified, data related to (i)&#160;the Brazilian petrochemical industry included in this annual report were obtained from ABIQUIM, (ii)&#160;the LPG business were obtained from Sindig&#225;s and ANP, (iii)&#160;the fuel distribution business were obtained from IBP, Sindicom and ANP, (iv)&#160;the liquid bulk storage industry were obtained from ABTL, and (v)&#160;the retail pharmacy business were obtained from ABRAFARMA and IQVIA. </span></p>
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt; font-family: 'times new roman', times;" class="pageno">6</span></td>
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<p style="margin: 0pt; page-break-after: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><br/></span></p>
<p style="margin: 0pt; page-break-after: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">PRESENTATION OF FINANCIAL INFORMATION </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Our consolidated financial statements included in Item 18 were prepared in accordance with IFRS as issued by the IASB and include our consolidated Statements of Financial Position, as of December&#160;31, 2021 and 2020 and the related consolidated Statements of Profit or Loss, Comprehensive Income, Changes in Equity and Cash Flows for the years ended December&#160;31, 2021, 2020 and 2019, as well as notes thereto.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">There are no standards, amendments and interpretations to IFRS issued by IASB which are effective and could have a material impact in the financial statements for the periods ended on December 31, 2021 and 2020 that have not been adopted by the Company.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The financial information presented in this annual report should be read in conjunction with our consolidated financial statements.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Segment information for our businesses is presented on an unconsolidated basis. See Note&#160;32 to our consolidated financial statements for further information on segment information. Consequently, intercompany transactions have not been eliminated in segment information, and such information may differ from consolidated financial information provided elsewhere in this annual report. See &#8220;Item&#160;7.B. Major Shareholders and Related Party Transactions&#8212;Related Party Transactions&#8221; for more information on intercompany transactions.</span></p>
<p style="margin: 0pt; text-align: justify; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">On December 31, 2021, the Company re-presented the businesses of Oxiteno and Extrafarma as current assets held for sale and discontinued operations. The comparative financial information for the years ended December 31, 2020 and 2019 were re-presented for consistency of presentation as shown in Note 3.c.3 to our consolidated financial statements.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Certain figures included in this annual report have been subject to rounding adjustments. Accordingly, figures shown as totals in certain tables and charts may not be an arithmetic aggregation of the figures that precede them.</span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">Application of New SEC Regulations </span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify; text-indent: 35.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In November 2020, the SEC issued a final rule under SEC Release No. 33-10890, &#8220;Management&#8217;s Discussion and Analysis, Selected Financial Data, and Supplementary Financial Information&#8221; (the &#8220;Final Rule&#8221;), whereby it amended certain SEC disclosure requirements to modernize, enhance and simplify financial statement disclosures required by Regulation S-K. Specifically, the rule eliminates the requirement for Selected Financial Data, streamlines the requirement to disclose Supplementary Financial Information, and amends rules related to the Management&#8217;s Discussion &amp; Analysis of Financial Condition and Results of Operations (&#8220;MD&amp;A&#8221;) to, among other things, eliminate the need for registrants to provide a tabular disclosure of contractual obligations. These amendments are intended to eliminate duplicative disclosures and modernize and enhance MD&amp;A disclosures for the benefit of investors, while simplifying compliance efforts for registrants. </span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify; text-indent: 35.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">According to the SEC, all corresponding amendments are applicable to Private Foreign Issuers providing disclosure required by Form 20-F or Form 40-F, as the case may be. </span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify; text-indent: 35.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The Final Rule became effective on February 10, 2021 and compliance is mandatory for any reports on fiscal years ending on or after August 9, 2021. As a result, we have applied the Final Rule where applicable to this Form 20-F.</span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">Market share and economic information</span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">All market share information, unless otherwise specified, related to (i)&#160;the LPG business was obtained from ANP, (ii)&#160;the fuel distribution business was obtained from IBP, Sindicom and ANP, (iii)&#160;the liquid bulk storage industry was obtained from ABTL and (iv)&#160;the retail pharmacy business was obtained from ABRAFARMA and IQVIA. Unless otherwise specified, all macroeconomic data are obtained from the <span style="font-style: italic;">Instituto Brasileiro de Geografia e Estat&#237;stica</span>&#8212;IBGE, <span style="font-style: italic;">Funda&#231;&#227;o Getulio Vargas</span>&#8212;FGV and the Central Bank. Although we do not have any reason to believe any of this information is inaccurate in any material respect, we have not independently verified any such information.</span></p>
<p style="margin: 6pt 0pt 0pt;"><span style="background-color: #ffffff; font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">Financial Information in U.S. Dollars</span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Solely for the convenience of the reader, we have translated some amounts included in this annual report from <span style="font-style: italic;">Reais</span> into U.S. dollars using the commercial selling rate as reported by the Central Bank on December&#160;31, 2021 of R$5.58 to US$1.00. These translations should not be considered representations that any such amounts have been, could have been or could be converted into U.S. dollars at that or at any other exchange rate. Such translations should not be construed as representations that the <span style="font-style: italic;">Real</span> amounts represent or have been or could be converted into U.S. dollars as of that or any other date.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt; font-family: 'times new roman', times;" class="pageno">7</span></td>
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<p style="margin: 18pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">FORWARD-LOOKING STATEMENTS </span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">This annual report contains forward-looking statements within the meaning of Section&#160;27A of the Securities Act subject to risks and uncertainties, including our estimates, plans, forecasts and expectations regarding future events, strategies and projections. Forward-looking statements speak only as of the date they were made, and we undertake no obligation to update publicly or revise any forward-looking statements after we distribute this annual report because of new information, future events and other factors. Words such as &#8220;believe&#8221;, &#8220;expect&#8221;, &#8220;may&#8221;, &#8220;will&#8221;, &#8220;plan&#8221;, &#8220;strategy&#8221;, &#8220;prospect&#8221;, &#8220;foresee&#8221;, &#8220;estimate&#8221;, &#8220;project&#8221;, &#8220;anticipate&#8221;, &#8220;can&#8221;, &#8220;intend&#8221; and similar words are intended to identify forward-looking statements. We have made forward-looking statements with respect to, among other things, our: </span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">strategy for marketing and operational expansion; </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">capital expenditures forecasts; and </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">development of additional sources of revenue. </span></li>
</ul>
<p style="margin: 6pt 0pt 0pt 55.05pt; text-indent: -24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The risks and uncertainties described above include, but are not limited to: </span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">general business, economic and political conditions, including the price of crude oil and other commodities, refining margins and prevailing foreign exchange rates and the effect of such conditions on the economies of Brazil and other Latin American countries;</span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">the political environment leading up to and eventual outcome of the 2022 presidential elections in Brazil;</span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">risks beyond our control, including geopolitical crises, natural disasters, epidemics or pandemics, cyber-attacks, acts of terrorism or other catastrophic events, including the economic, financial and business impacts of such events;</span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">uncertainty regarding the ongoing hostility between Russia and Ukraine and the related impact on global macroeconomic conditions as a result of such conflict;</span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">competition; </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">ability to produce and deliver products on a timely basis; </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">ability to anticipate trends in the LPG, fuels, logistics and retail pharmacy industries, including changes in capacity and industry price movements; </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">changes in official regulations; </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">receipt of official authorizations and licenses; </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">political, economic and social events in Brazil and the other countries in which we have operations; </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">access to sources of financing and our level of indebtedness; </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">ability to integrate acquisitions; </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">regulatory issues relating to acquisitions; </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">instability and volatility in the financial markets;</span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">climate changes;</span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">availability of tax benefits; and </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">other factors contained in this annual report under &#8220;Item&#160;3.D. Key Information&#8212;Risk Factors.&#8221; </span></li>
</ul>
<p style="margin: 13.5pt 0pt 10pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Forward-looking statements involve risks and uncertainties and are not a guarantee of future results. Considering the risks and uncertainties described above, the forward-looking events and circumstances discussed in this annual report might not occur and our future results may differ materially from those expressed in or suggested by these forward-looking statements. <br/></span></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt; font-family: 'times new roman', times;" class="pageno">8</span></td>
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<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><br/></span></p>
<div style="margin: 0pt; page-break-after: avoid;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" id="BA_LFK71DSLC000000000000000000000" class="customBookmark"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">PART I </span></a></div>
<p style="margin: 6pt 0pt 0pt 61.2pt; page-break-after: avoid; text-indent: -55.1pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">ITEM</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">1.</span><span style="font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" id="BB_UKX0XTBCGW00000000000000000000" class="customBookmark"><span style="font-weight: bold;">IDENTITY OF DIRECTORS, SENIOR MANAGEMENT AND ADVISORS </span></a></span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Not applicable. </span></p>
<p style="margin: 18pt 0pt 0pt 61.2pt; page-break-after: avoid; text-indent: -55.1pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">ITEM</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">2.</span><span style="font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" id="BC_775XSOP19S00000000000000000000" class="customBookmark"><span style="font-weight: bold;">OFFER STATISTICS AND EXPECTED TIMETABLE </span></a></span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Not applicable. </span></p>
<p style="margin: 18pt 0pt 0pt 61.2pt; page-break-after: avoid; text-indent: -55.1pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">ITEM</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">3.</span><span style="font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" id="BD_FIN1VT8KSG00000000000000000000" class="customBookmark"><span style="font-weight: bold;">KEY INFORMATION </span></a></span></p>
<ol style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold; margin: 6pt 0pt 0pt 14.72pt; padding-left: 10.03pt; page-break-after: avoid; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">Selected Consolidated Financial Data</span><span style="font-weight: bold;"> </span></span></li>
</ol>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">[Reserved]</span></p>
<p style="margin: 12pt 0pt 0pt 24.5pt; page-break-after: avoid; page-break-inside: avoid; text-indent: -24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">B.</span><span style="font-weight: bold;">&#160; &#160; &#160;</span><span style="font-weight: bold;">Capitalization and Indebtedness</span></span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Not applicable. </span></p>
<p style="margin: 12pt 0pt 0pt 24.5pt; page-break-after: avoid; page-break-inside: avoid; text-indent: -24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">C.</span><span style="font-weight: bold;">&#160; &#160;&#160;</span><span style="font-weight: bold;">Reasons for the Offer and Use of Proceeds </span></span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Not applicable.</span></p>
<p style="margin: 18pt 0pt 0pt 24.5pt; page-break-after: avoid; text-indent: -24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">D.&#160; &#160;&#160;</span><span style="font-weight: bold;">Risk Factors </span></span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic;">Investing in our shares and ADSs involves a high degree of risk. </span><span style="font-style: italic;">You should carefully consider the risks described below and the other information contained in this annual report in evaluating an investment in our shares or ADSs. Our business</span><span style="font-style: italic;">es</span><span style="font-style: italic;">, results of operations, cash flow, liquidity and financial condition could be harmed if any of these risks materializes and, as a result, the trading price of the shares or the ADSs could decline and you could lose a substantial part or even all your investment.</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">We have included information in these risk factors concerning Brazil based on information that is publicly available. Other risks that we do not presently know about or deem as immaterial could also cause adverse effects on our businesses, operations, financial condition and results of operations.</span></p>
<p style="margin: 18pt 0pt 0pt 24.5pt; page-break-after: avoid; text-indent: -24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">Summary of Risk Factors</span></p>
<p style="margin: 18pt 0pt 0pt 24.5pt; page-break-after: avoid; text-indent: -24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">Risks Relating to Ultrapar and Its Industries</span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 10pt; margin: 10pt 0pt 10pt 27.6pt; padding-left: 8.4pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic;">Petrobras is the main supplier of LPG and oil-based fuels in Brazil. Fuel and LPG distributors in Brazil, including Ipiranga and Ultragaz, have formal contracts with Petrobras for the supply of oil-derivatives. Any material delay or interruption in the supply of LPG or oil-based fuels from Petrobras would immediately affect Ultragaz or Ipiranga&#8217;s ability to provide LPG and oil-based fuels to their customers</span>;</span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 10pt 0pt 10pt 27.6pt; padding-left: 8.4pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic;">Our businesses may be materially and adversely affected by the outbreak of communicable diseases, such as the ongoing COVID-19 pandemic, or other epidemics or pandemics</span>;</span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 10pt 0pt 10pt 27.6pt; padding-left: 8.4pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic;">Intense competition is generally inherent to distribution markets, including the LPG, the fuel distribution and the retail pharmacy markets and may affect our operating margins</span>; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 10pt 0pt 10pt 27.6pt; padding-left: 8.4pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic;">Anticompetitive practices in the fuel distribution sector may distort market prices</span><span style="font-style: italic;">; </span></span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 10pt 0pt 10pt 27.6pt; padding-left: 8.4pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic;">LPG and oil-based fuels compete with alternative sources of energy. Competition with and the development of alternative sources of energy in the future may adversely affect the LPG and oil-based fuels market</span><span style="font-style: italic;">;</span></span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 10pt 0pt 10pt 27.6pt; padding-left: 8.4pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic;">The Brazilian petrochemical industry is influenced by the performance of the international petrochemical industry and its cyclical behavior</span><span style="font-style: italic;">;</span></span></li>
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<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 10pt; margin: 10pt 0pt 10pt 27.6pt; padding-left: 8.4pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">The sale of Extrafarma might not be consummated, which could have an adverse effect on our businesses, operations, financial condition and results of operations;</span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 10pt 0pt 10pt 27.6pt; padding-left: 8.4pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic;">Regulatory, political, economic and social</span><span style="font-style: italic;"> conditions </span><span style="font-style: italic;">could adversely impact our businesses and the market price of our securities</span><span style="font-style: italic;">;</span></span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 10pt 0pt 10pt 27.6pt; padding-left: 8.4pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic;">Our businesses would be materially adversely affected if operations at our transportation and distribution facilities experienced significant interruptions</span><span style="font-style: italic;">;</span></span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 10pt 0pt 10pt 27.6pt; padding-left: 8.4pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic;">We may be adversely affected by changes to specific laws and regulations in our operating sectors</span><span style="font-style: italic;">;</span></span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 10pt 0pt 10pt 27.6pt; padding-left: 8.4pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic;">We may be adversely affected by the imposition and enforcement of more stringent environmental laws and regulations, including as a result of rising climate change concerns, that may result in increased costs of operation and compliance, as well as a decrease in demand for our products</span><span style="font-style: italic;">;</span></span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 10pt 0pt 10pt 27.6pt; padding-left: 8.4pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic;">The production, storage and transportation of LPG, fuels and petrochemicals are inherently hazardous</span><span style="font-style: italic;">;</span></span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 10pt 0pt 10pt 27.6pt; padding-left: 8.4pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic;">Our level of indebtedness may require us to use a significant portion of our cash flow to service such indebtedness</span><span style="font-style: italic;">;</span></span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 10pt 0pt 10pt 27.6pt; padding-left: 8.4pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic;">Our insurance coverage may be insufficient to cover losses that we might incur</span><span style="font-style: italic;">;</span></span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 10pt 0pt 10pt 27.6pt; padding-left: 8.4pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic;">The suspension, cancellation or non-renewal of certain tax benefits may adversely affect our results of operations</span><span style="font-style: italic;">;</span></span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 10pt 0pt 10pt 27.6pt; padding-left: 8.4pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic;">No single shareholder or group of shareholders holds more than 50% of our capital stock, which may increase the opportunity for alliances between shareholders and other events that may occur as a result thereof</span><span style="font-style: italic;">;</span></span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 10pt 0pt 10pt 27.6pt; padding-left: 8.4pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic;">As a result of acquisitions, Ultrapar has assumed and may assume in the future certain liabilities related to the businesses acquired or to be acquired</span><span style="font-style: italic;">. Additionally, Ultrapar has assumed and may assume certain</span><span style="font-style: italic;"> risks associated </span><span style="font-style: italic;">with </span><span style="font-style: italic;">acquisitions and divestments</span><span style="font-style: italic;">, including regulatory risks</span><span style="font-style: italic;">;</span></span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 10pt 0pt 10pt 27.6pt; padding-left: 8.4pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic;">Our founding family and part of our senior management, through their ownership interest in Ultra S.A. and Parth, own a significant portion of our shares and may influence the management, direction and policies of Ultrapar, including the outcome of any matter submitted to the vote of shareholders</span><span style="font-style: italic;">;</span></span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 10pt 0pt 10pt 27.6pt; padding-left: 8.4pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic;">Our status as a holding company may limit our ability to pay dividends on the shares and consequently, on the ADSs</span><span style="font-style: italic;">;</span></span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 10pt 0pt 10pt 27.6pt; padding-left: 8.4pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic;">Our governance and compliance processes may fail to prevent regulatory penalties and reputational harm</span><span style="font-style: italic;">; </span>and</span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 10pt 0pt 10pt 27.6pt; padding-left: 8.4pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic;">Information technology failures, including those that affect the privacy and security of personal data, as a result of cyber-attacks or other causes, could adversely affect our businesses and the market price of our shares and ADSs</span><span style="font-style: italic;">.</span></span></li>
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<p style="margin: 18pt 0pt 0pt 24.5pt; page-break-after: avoid; text-indent: -24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Risks </span><span style="font-style: italic; font-weight: bold;">Relating</span><span style="font-style: italic; font-weight: bold;"> to Brazil</span></span></p>
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<li style="font-family: Symbol; font-size: 10pt; margin: 10pt 0pt 10pt 27.6pt; padding-left: 8.4pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic;">The Brazilian government has exercised, and continues to exercise, significant influence over the Brazilian economy. Brazilian political and economic conditions, including ongoing political instability and perceptions of these conditions in the international markets, could adversely affect our businesses and the market price of our shares and ADSs</span>; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 10pt 0pt 10pt 27.6pt; padding-left: 8.4pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic;">Inflation and certain governmental measures to curb inflation, including as a result of the COVID-19 pandemic, may contribute significantly to economic uncertainty in Brazil and could harm our businesses and the market value of the ADSs and our shares</span><span style="font-style: italic;">;</span></span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 10pt 0pt 10pt 27.6pt; padding-left: 8.4pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic;">Exchange rate instability may adversely affect our financial condition, results of operations and the market price of the ADSs and our shares</span>;</span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 10pt 0pt 10pt 27.6pt; padding-left: 8.4pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic;">Economic and market conditions in other countries, including in the United States and emerging market countries, may materially and adversely affect the Brazilian economy and, therefore, our financial condition and the market price of the shares and ADSs</span>;</span></li>
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<li style="font-family: Symbol; font-size: 10pt; margin: 10pt 0pt 10pt 27.6pt; padding-left: 8.4pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic;">Our businesses, financial condition and results of operations may be materially and adversely affected by a general economic downturn and by instability and volatility in the financial markets and commodity prices, including as a result of the conflict between Ukraine and Russia</span><span style="font-style: italic;">; </span><span style="font-style: italic;">and</span></span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 10pt 0pt 10pt 27.6pt; padding-left: 8.4pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic;">Holders of our ADSs may face difficulties in serving process on or enforcing judgments against us and other relevant persons</span>.</span></li>
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<p style="margin: 18pt 0pt 0pt 24.5pt; page-break-after: avoid; text-indent: -24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">Risks Relating to Our Common Shares and ADSs</span></p>
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<li style="font-family: Symbol; font-size: 10pt; margin: 10pt 0pt 10pt 27.6pt; padding-left: 8.4pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic;">Asserting limited voting rights as a holder of ADSs may prove more difficult than for holders of our common shares</span>;</span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 10pt 0pt 10pt 27.6pt; padding-left: 8.4pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic;">Holders of our shares or ADSs may not receive dividends</span>;</span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 10pt 0pt 10pt 27.6pt; padding-left: 8.4pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic;">Holders of our shares may be unable to exercise preemptive rights with respect to the shares</span>;</span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 10pt 0pt 10pt 27.6pt; padding-left: 8.4pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic;">If shareholders exchange ADSs for shares, they may lose certain foreign currency remittance and Brazilian tax advantages</span>;</span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 10pt 0pt 10pt 27.6pt; padding-left: 8.4pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic;">Controls and restrictions on the remittance of foreign currency could negatively affect your ability to convert and remit dividends, distributions or the proceeds from the sale of our shares, Ultrapar&#8217;s capacity to make dividend payments to non-Brazilian investors and the market price of our shares and ADSs</span>;</span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 10pt 0pt 10pt 27.6pt; padding-left: 8.4pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic;">Changes in Brazilian tax laws may have an adverse impact on the taxes applicable to a disposition of our ADSs</span>; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 10pt 0pt 10pt 27.6pt; padding-left: 8.4pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic;">Substantial sales of our shares or our ADSs could cause the price of our shares or our ADSs to decrease</span>; and</span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 10pt 0pt 10pt 27.6pt; padding-left: 8.4pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">There may be adverse U.S. federal income tax consequences to U.S. Holders if we are or become a PFIC under the Code.</span></li>
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<p style="margin: 18pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Risks Relating to Ultrapar and Its Industries</span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">Petrobras is the main supplier of LPG and oil-based fuels in Brazil. Fuel and LPG distributors in Brazil, including Ipiranga and Ultragaz, have formal contracts with Petrobras for the supply of oil-derivatives. Any material delay or interruption in the supply of LPG or oil-based fuels from Petrobras would immediately affect Ultragaz or Ipiranga&#8217;s ability to provide LPG and oil-based fuels to their customers. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Prior to 1995, Petrobras held a constitutional monopoly for the production and importation of petroleum products in Brazil. Although this constitutional monopoly was formally terminated pursuant to an amendment to the Brazilian constitution enacted in 1995, Petrobras effectively remains the main provider of LPG and oil-based fuels in Brazil. In 2021, Ultragaz and all other LPG distributors in Brazil purchased all or nearly all LPG from Petrobras. Ultragaz&#8217;s net revenue from sales and services represented 9% of our net revenue from sales and services for the year ended December&#160;31, 2021. The procedures for ordering and purchasing LPG from Petrobras are generally common to all LPG distributors&#8212;including Ultragaz. For more details, see &#8220;Item&#160;4.B. Information on the Company&#8212;Business Overview&#8212;Distribution of Liquefied Petroleum Gas&#8212;Ultragaz&#8212;Supply of LPG.&#8221;</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">With respect to fuel distribution, Petrobras also supplied the majority of Ipiranga and other distributors&#8217; oil-based fuel requirements in 2021. Petrobras&#8217; supply to Ipiranga is governed by an annual contract, under which the supply volume is established based on the volume purchased in the previous year. Ipiranga&#8217;s net revenue from sales and services represented 91% of our net revenue from sales and services for the year ended December&#160;31, 2021. For further information, see &#8220;Item&#160;4.B. Information on the Company&#8212;Business Overview&#8212;Fuel Distribution&#8212;Ipiranga&#8212;Supply of fuels.&#8221;</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Significant interruptions or delays of LPG and oil-based fuel supply from Petrobras may occur in the future. Any interruption in the supply of LPG or oil-based fuels from Petrobras would immediately affect Ultragaz or Ipiranga&#8217;s respective ability to provide LPG or oil-based fuels to its customers, and material delays in the supply could also impact our operations. If we are not able to obtain an adequate supply of LPG or oil-based fuels from Petrobras under acceptable terms, we may seek to meet our demands through LPG or oil-based fuels purchased in the international market. The logistics infrastructure for LPG and oil-based fuel imports in Brazil is limited and is substantially controlled by Petrobras. Any such interruption or material delays could increase our purchase costs and reduce our sales volume, consequently, adversely affecting our operating margins.</span></p>
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<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Petrobras is currently under investigation by the CVM, the Brazilian Federal Police and other Brazilian public authorities in connection with corruption allegations (so called <span style="font-style: italic;">Lava Jato</span> investigations) consisting, among other things, of illegal payments made to officers, directors and other employees of Petrobras to influence commercial decisions. Petrobras was under investigation by the SEC and the US Department of Justice and announced a settlement of those investigations in September 2018. In addition, Petrobras was previously subject to a class action in the United States, which was also settled in 2018. As disclosed by Petrobras, it is currently party to a collective action commenced in the Netherlands, an arbitration proceeding in Argentina, and arbitration and judicial proceedings commenced in Brazil. In each case, the proceedings were brought by investors (or entities that allegedly represent investors&#8217; interests) who purchased shares of Petrobras traded on the B3 or other securities issued by Petrobras outside of the United States, alleging damages caused by facts uncovered in the <span style="font-style: italic;">Lava</span> <span style="font-style: italic;">Jato</span> investigations. Such investigations and proceedings have had a destabilizing effect on Petrobras, and it is difficult to ascertain what further impact such matters will have on Petrobras&#8217; supply of LPG and oil-based fuels to market players.</span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In addition, Petrobras has made several changes to the composition of its management team and has undertaken a long-term divestment plan. It is not clear how these changes or any future changes in management may impact price adjustment policy and how the divestment plan may change the structure and long-term outlook of the fuel market. We cannot predict the outcome that the <span style="font-style: italic;">Lava Jato</span> investigations will have on the fuel market and, specifically, on the availability of, and our ability to access, the LPG and oil-based fuel supply from Petrobras. </span></p>
<p style="margin: 18pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">Our businesses may be materially and adversely affected by the outbreak of communicable diseases, such as the ongoing COVID-19 pandemic, or other epidemics or pandemics. </span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">A novel strain of coronavirus, COVID-19, was first identified in China in December 2019 and became a global pandemic in March 2020. Our businesses were materially and adversely affected by the ongoing COVID-19 pandemic and may be materially and adversely affected by the outbreak of other communicable diseases, including epidemics and pandemics.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The COVID-19 pandemic has had a material impact on businesses around the world, including ours, and the economic and political environments in which businesses operate. There are several factors associated with the ongoing COVID-19 pandemic and its impact on global economies that could have a material adverse effect on our businesses, financial condition, results of operations, cash flows, prospects and the market price of our securities.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">A number of countries, states or areas where we operate have implemented policies in response to the COVID-19 pandemic, including declaring states of emergency, implementing severe restrictions on the movement and activities of people and/or implementing restrictions on the operations of certain businesses. These restrictions are determined by the central or local governments of individual jurisdictions (including through the implementation of emergency powers) and impacts (including the timing of implementation and any subsequent lifting of restrictions) may vary from jurisdiction to jurisdiction. Restrictions on the movement of people and on businesses operations have a significant impact on economic activity in the relevant countries, states or areas and could adversely affect our operational capacity or productivity, could disrupt transportation networks and supply and distribution chains causing disruptions in our businesses operations, and could significantly reduce customer demand or result in unfavorable changes in consumer behavior. In addition, new governmental and regulatory actions and support measures taken in response to the COVID-19 outbreak may impose restrictions or obligations on our businesses and may limit management&#8217;s flexibility in managing our business.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The dissemination of COVID-19 made us change our businesses practices (including additional hygienic practices for workplaces and employees, and canceling in-person meetings, events and conferences) during the pandemic. In addition, we also created a crisis committee to identify and monitor the main developments and risks relating to COVID-19 and to adopt preventive and emergency measures to reduce their effects. We may take additional actions, as required by government authorities or as determined by management, considering the best interests of our employees, customers and business partners. We cannot guarantee that these measures will be sufficient to mitigate the risks posed by the pandemic or that they will meet the demands of government authorities.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The COVID-19 pandemic has caused disruption to our customers, suppliers, personnel and resellers in Brazil and in all other countries in which we operate. Nonetheless, pursuant to Federal Decree No.&#160;10,282/20, which was issued in the context of Federal Law No.&#160;13,979/20, the activities of the subsidiaries of Ultrapar were considered essential during the ongoing COVID-19 pandemic. As a result, our subsidiaries have continued to operate and have ensured a continuous supply of their products and services to their clients. However, we cannot assure that our subsidiaries will not be impacted by external factors, such as the limitation of access by our subsidiaries to operational inputs, clients, and financial resources. We also cannot assure that the current legal framework will not be altered. If it happens, all or some of our subsidiaries' activities may no longer be considered essential and might be subject to restrictions that could materially affect the results of our operations and businesses.</span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In addition, the COVID-19 pandemic has affected business and economic sentiment, causing significant volatility in global markets and affecting the outlook of the economy of Brazil and of the other countries in which we operate. Such affects include significant volatility in the price of crude oil, the price of LPG and the price of other commodities, as well as significant volatility in foreign exchange rates, borrowing costs and the availability of credit. The COVID-19 pandemic has led to a weakening in gross domestic product in several countries around the world, including in the countries in which we operate. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In addition to general effects on the economy and the businesses of our suppliers and clients, the COVID-19 pandemic &#8211; and any other communicable disease &#8211; imposes risks to our operations directly. For instance, if a group of employees of the same division is infected simultaneously, such division may have its activities and businesses affected. If this occurs to a strategic division &#8211; or to more than one division simultaneously, it can adversely affect our operation and businesses, and results as a consequence.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">New variants and mutations of the virus that causes COVID-19 have emerged in different countries, including in Brazil. Events like new waves of mutated coronavirus can add even more uncertainty to the economic scenario, rapidly changing predictions and forecasts. In addition, we cannot predict the potential severity of the economic downturn or recession and we cannot predict the post-crisis recovery environment which, from a commercial, economic, political, regulatory and risk perspective, could be significantly different to past crises and could persist for a prolonged period. The extent to which the COVID-19 outbreak will affect our businesses, financial condition, results of operations or cash flows will depend on present and future developments, which are highly uncertain and unpredictable. These developments include, among others, the duration and geographic distribution of the outbreak and new waves, its severity, actions to contain the virus or minimize its impact, and how quickly and to what extent normal economic and operational conditions can be resumed. Even after containing the outbreak of COVID-19, our businesses may continue to suffer adverse and material impacts due to the global or regional economic impact, including recession and economic slowdown, which may affect the purchasing power of our customers.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The implemented measures of social distancing, restrictions on the mobility of people and the operation of certain businesses due to the COVID-19 pandemic affected economic activity in Brazil over the last two years; however, these negative impacts have been mitigated as local governments gradually lift such restrictions in response to the increase in COVID-19 vaccinations. No significant effects were observed on the operations of the Company and its subsidiaries in the year ended December 31, 2021.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Still, we cannot predict to what extent the financial information, after December 31, 2021, may be affected by the commercial, operational and financial impacts of the pandemic, because it will depend on its duration and the impacts on economic activities, as well as government, and businesses in response to the crisis. In this context, some financial risk assessments, projections and impairment tests, in connection with the preparation of these financial statements, may be impacted by the pandemic, and may adversely affect the financial position of the Company and its subsidiaries. In addition, the increased volatility in financial markets may impact our financial results where a fair value approach is required.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">As there are no comparable recent events that can provide us with guidance regarding the effect of a severe global pandemic, we cannot predict the final impact of the COVID-19 outbreak. Finally, the impact of the COVID-19 pandemic can also precipitate or exacerbate the other risks described in this annual report. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">For the impact of ongoing COVID-19 pandemic on our results and operations in 2021 see &#8220;Item&#160;5.A. Operating and Financial Review and Prospects&#8212; Operating Results&#8212;Impact of ongoing COVID-19 pandemic&#8221;, and other risk factors included herein and &#8220;&#8212;Trend Information&#8221; below.</span></p>
<p style="font-size: 11pt; line-height: 108%; margin: 0pt 0pt 8pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
<p style="font-size: 10pt; line-height: 108%; margin: 0pt 0pt 8pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">Intense competition is generally inherent to distribution markets, including the LPG, the fuel distribution and the retail pharmacy markets and may affect our operating margins.</span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The Brazilian LPG market is very competitive in all segments &#8212; residential, commercial and industrial. Intense competition in the LPG distribution market could lead to lower sales volumes and increased marketing expenses, which may have a material adverse effect on our operating margins. See &#8220;Item 4.B. Information on the Company&#8212;Business Overview&#8212;Distribution of Liquefied Petroleum Gas&#8212;Industry and Regulatory Overview&#8212;The role of Petrobras&#8221; and &#8220;Item&#160;4.B. Information on the Company&#8212;Business Overview&#8212;Distribution of Liquefied Petroleum Gas&#8212;Ultragaz&#8212;Competition.&#8221;</span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The Brazilian fuel distribution market is highly competitive as well, in both retail and wholesale segments, with companies with significant resources participating in the Brazilian fuel distribution market. Furthermore, small, local and regional distributors, as well as some important international players have increased their market share in recent years. Intense competition in the fuel distribution market could lead to lower sales volumes and increased marketing expenses, which may have a material adverse effect on our operating margins. See &#8220;Item 4.B. Information on the Company&#8212;Business Overview&#8212;Fuel Distribution&#8212;Industry and Regulatory Overview&#8212;The role of Petrobras&#8221; and &#8220;Item&#160;4.B. Information on the Company&#8212;Business Overview&#8212;Fuel Distribution&#8212;Ipiranga&#8212;Competition.&#8221;</span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Likewise, the Brazilian drugstore market is highly competitive. Extrafarma competes with national, regional and local drugstore chains, independent drugstores, prescription-only pharmacies, internet purveyors of pharmaceutical and beauty products, and other retailers such as supermarkets, beauty products&#8217; stores and convenience stores. In addition, new retailers may enter the market and compete with us. Competition in the retail pharmacy market is shaped by a variety of factors, such as location, range of products, advertising, commercial practices, prices, quality of services and strength of brand name, among others. If we are unable to anticipate, predict and meet the preferences of our customers, we may lose revenue and market share to our competitors.</span></p>
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<p style="margin: 18pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">Anticompetitive practices in the fuel distribution sector may distort market prices. </span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In the recent past, anticompetitive practices have been one of the main problems affecting fuels distributors in Brazil, including Ipiranga. Generally, these practices have involved a combination of tax evasion and fuels adulteration, such as the dilution of gasoline by mixing solvents or adding anhydrous ethanol in an amount greater than that permitted by applicable law. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Taxes constitute a significant portion of the cost of fuels sold in Brazil. For this reason, tax evasion by some fuel distributors has been prevalent, allowing them to lower the prices they charge compared to large distributors such as Ipiranga. As the final prices for the products sold by distributors, including Ipiranga, are calculated based on, among other factors, the amount of taxes levied on the purchase and sale of these fuels, anticompetitive practices such as tax evasion may reduce Ipiranga&#8217;s sales volume and could have a material adverse effect on our operating margins. Should there be any increase in the taxes levied on fuel, tax evasion may increase, resulting in a greater distortion of the prices of fuels sold and further adversely affecting our results of operations. </span></p>
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<p style="margin: 18pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">LPG and oil-based fuels compete with alternative sources of energy. Competition with and the development of alternative sources of energy in the future may adversely affect the LPG and oil-based fuels market.</span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">LPG competes with alternative sources of energy, such as natural gas, wood, diesel, fuel oil and electricity. Natural gas is currently the main source of energy that we compete with. Currently, natural gas is less expensive than LPG for large industrial consumers, but more expensive for most of residential consumers. Changes in relative prices or the development of alternative sources of energy in the future may adversely affect the LPG market and consequently our business, financial results and results of operations. Oil-based fuels also compete with alternative sources of energy, such as electricity. See &#8220;Item 4.B. Information on the Company&#8212;Business Overview&#8212;Distribution of Liquefied Petroleum Gas&#8212;Ultragaz&#8212;Competition.&#8221;</span></p>
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<p style="margin: 18pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">The Brazilian petrochemical industry is influenced by the performance of the international petrochemical industry and its cyclical behavior.</span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The international petrochemical market is cyclical by nature, with alternating periods typically characterized by tight supply, increased prices and high margins, or by overcapacity, declining prices and low margins. The decrease in Brazilian import tariffs on petrochemical products, the increase in demand for such products in Brazil, and the ongoing integration of regional and world markets for commodities have contributed to the increasing integration of the Brazilian petrochemical industry into the international petrochemical marketplace. In addition, to the extent that Petrobras' price adjustment policy is aligned with international market price variation, those variations are relevant for the Brazilian petrochemical industry. Consequently, events affecting the petrochemical industry worldwide, including the escalating military tension between Russia and Ukraine, could have a material adverse effect on our business, financial condition and results of operations.</span></p>
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<p style="margin: 10pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">The sale of Extrafarma might not be consummated, which could have an adverse effect on our businesses, operations, financial condition and results of operations. </span></p>
<p style="margin: 6pt 0pt 0pt; page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">On May 18, 2021, Ultrapar entered into a share purchase and sale agreement ("SPA") for the sale of all of its shares in Extrafarma to Pague Menos for a total sale price of R$700 million, subject to certain adjustments due mainly to changes in working capital and Extrafarma&#8217;s net debt position on the closing date of the transaction, as provided in the SPA. The completion of the transaction is subject to usual conditions precedent, including the approval by Brazilian antitrust authority. If we fail to meet any of the conditions precedent set forth in the SPA, including the aforementioned antitrust approval, and the fulfillment of any such conditions precedent are not waived (if applicable) by Pague Menos, we would not be able to consummate the transaction. Consequently, we would not receive the proposed purchase price in connection with such sale, which could have an adverse effect on our businesses, operations, financial condition or results of operations. Additionally, we have incurred in significant costs, expenses, and fees for professional services and other transaction costs in connection with the sale of Extrafarma and we will have to pay such costs, expenses and fees even if the transaction is not completed. For more information, see &#8220;Item 4.A. Information on the Company&#8212;History and Development of the Company&#8212;A.2. Discontinued Operations&#8212;Extrafarma&#8221; and&#160;</span><span style="font-size: 10.0pt;">&#8220;Item 4.A. Information on the Company&#8212;History and Development of the Company&#8212;Recent Developments&#8212;Investitures and Divestitures.&#8221;</span></p>
<p style="margin: 18pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">Regulatory, political, economic and social conditions could adversely impact our businesses and the market price of our securities. </span></p>
<p style="margin: 6pt 0pt 0pt; page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Our financial and operational performance may be negatively affected by regulatory, political, economic and social conditions. In some of these jurisdictions, we are exposed to various risks such as potential renegotiation, nullification or forced modification of existing contracts, expropriation or nationalization of property, foreign exchange controls, changes in local laws, regulations and policies, trade controls and tariffs, global trade uncertainties and political instability. Furthermore, we operate in labor-intensive industries that are subject to the effects of instabilities in the labor market, including strikes, work stoppages, protests and changes in employment regulations, increases in wages and the conditions of collective bargaining agreements that, individually or in the aggregate, could have a material adverse effect on our results. The industries in which we operate have experienced these types of instabilities in the past and we cannot assure that these instabilities will not occur again.</span><br/></p>
<p style="margin: 6pt 0pt 0pt; page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Actual or potential political or social changes and changes in economic policy may undermine investor confidence, which may hamper investment and thereby reduce economic growth, and otherwise may adversely affect the economic and other conditions under which we operate in ways that could have a materially negative effect on our businesses.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">We are also exposed to risks relating to the ongoing COVID-19 pandemic and the regulatory, political, economic and social impacts of that outbreak. See &#8220;&#8212;Our businesses may be materially and adversely affected by the outbreak of communicable diseases, such as the ongoing COVID-19 pandemic, or other epidemics or pandemics.&#8221;</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">Our businesses would be materially adversely affected if operations at our transportation and distribution facilities experienced significant interruptions.</span></p>
<p style="margin: 6pt 0pt 0pt; page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The distribution of LPG, fuels and pharmaceutical products is subject to inherent risks, including interruptions or disturbances in the distribution system which may be caused by accidents or force majeure events, including the ongoing COVID-19 pandemic. Our operations are dependent upon the uninterrupted operation of our terminals, storage and distribution facilities and various means of transportation. We are also dependent upon the uninterrupted operation of certain facilities owned or operated by our suppliers. Operations at our facilities and at the facilities owned or operated by our suppliers could be partially or completely shut down, temporarily or permanently, as the result of any number of circumstances that are not within our control, such as: </span></p>
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<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">catastrophic events, including hurricanes and floods;</span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">social and economic conflicts, such as terrorist events and wars, including the escalating military tension between Russia and Ukraine;</span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">epidemics and pandemics, such as the ongoing COVID-19 pandemic (see &#8220;&#8212;Our businesses may be materially and adversely affected by the outbreak of communicable diseases, such as the ongoing COVID-19 pandemic, or other epidemics or pandemics&#8221;); </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">environmental matters (including environmental licensing processes or environmental incidents, contamination, and others); </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">labor difficulties (including work stoppages, strikes and other events); and </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">disruptions in our means of transportation, affecting the supply of our products. </span></li>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Any significant interruption at these facilities or inability to transport products to or from these facilities or to our customers for any reason could subject us to liability in judicial, administrative or other proceedings, including for disruptions caused by events outside of our control, which could materially affect our businesses and results. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">For example, on May&#160;21, 2018, Brazilian truck drivers announced a nationwide strike, which lasted 10 days, demanding a reduction in taxes imposed on diesel and an amendment to the fuel pricing methodology adopted by Petrobras. The nationwide strike also involved the blockage of some of our facilities, obstruction of highways and other public roadways all over the country which have affected the delivery of various types of cargos and prevented us from carrying out our activities and operations in a normal manner. Amongst the impacts caused by the nationwide strike, the ANP issued a series of exceptional measures to remain in effect while the strike was ongoing to avoid fuel shortages. The Brazilian Federal Government also announced the implementation of measures to meet the demands made by the truck drivers to end the nationwide strike.</span></p>
<p style="margin: 18pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">We may be adversely affected by changes to specific laws and regulations in our operating sectors.</span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">We are subject to extensive federal, state and local legislation and regulation by government agencies and sector associations in the industries we operate. Rules related to quality of products, product storage, staff working hours, among others, may become more stringent or be amended overtime, and require new investments or the increase in expenses so our operations are in compliance with the applicable rules. Changes in specific laws and regulations in the sectors we operate may adversely affect the conditions under which we operate in ways that could have a materially negative effect on our businesses and our results. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">For example, as a consequence of the nationwide truck drivers&#8217; strike, the ANP issued a series of exceptional measures to remain in effect while the strike was ongoing to avoid fuel shortages. The Brazilian Federal Government also announced the implementation of measures to meet the demands made by the truck drivers to end the nationwide strike. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The nationwide strike and the measures adopted in response had a direct impact on our businesses and results. Further strikes and any additional measures to be implemented by the Brazilian Federal Government and regulatory agencies in response may also affect our operations and further adversely impact our results.</span></p>
<p style="margin: 18pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">We may be adversely affected by the imposition and enforcement of more stringent environmental laws and regulations, including as a result of rising climate change concerns, that may result in increased costs of operation and compliance, as well as a decrease in demand for our products. </span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">We are subject to extensive federal and state legislation and regulation by government agencies responsible for the implementation of environmental and health laws and policies in Brazil. Companies like ours are required to obtain licenses for their manufacturing facilities from environmental authorities which may also regulate their operations by prescribing specific environmental standards in their operating licenses. Environmental regulations apply particularly to the discharge, handling and disposal of gaseous, liquid and solid products and by-products from manufacturing activities.&#160;</span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Changes in these laws and regulations, or changes in their enforcement, could adversely affect us by increasing our cost of compliance or operations. In addition, new laws or additional regulations, or more stringent interpretations of existing laws and regulations, could require us to spend additional funds on related matters in order to stay in compliance, thus increasing our costs and having an adverse effect on our results. Due to concern over the risk of climate change, a number of countries, including Brazil, have adopted or are considering the adoption of regulatory frameworks to, among other things, reduce greenhouse gas emissions. These include adoption of cap and trade regimes, carbon taxes, increased efficiency standards, prohibition of oil-based fuels vehicles, and incentives or mandates for renewable energy. These requirements could reduce demand for hydrocarbons in different rhythm aces and different levels in countries where our customers are located, as well as shifting hydrocarbon demand toward relatively lower-carbon sources. In addition, many governments are providing tax advantages and other subsidies and mandates to make alternative energy sources more competitive against oil and gas, what can disincentivize the sale of certain products supplied by our subsidiaries. Governments are also promoting research into new technologies to reduce the cost and increase the scalability of alternative energy sources, all of which could lead to a decrease in demand for our products. In addition, current and pending greenhouse gas regulations may substantially increase our compliance costs and, as a result, increase the price of the products we produce or distribute.</span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">If we do not invest in researching and developing new, less carbon intensive solutions and adapt our operating structure to operate on cleaner energy sources, we may incur greater compliance and operating costs than other companies in the markets in which we operate, which may have an adverse effect on our competitiveness and revenues.</span></p>
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<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Furthermore, if we are perceived to be in violation of environmental laws and regulations, we may face reputational harm before consumers, our B2B customers, investors, the communities in which we operate and other stakeholders, which may adversely affect our access to capital, revenues and capacity to obtain the licenses we need to perform our operations.</span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">For more information on environmental laws and regulation within our businesses, see &#8220;Item&#160;4.B. Information on the Company&#8212;Business Overview&#8212;Distribution of Liquefied Petroleum Gas&#8212;Industry and Regulatory Overview&#8212;Environmental, health and safety standards&#8221;, &#8220;Item 4.B. Information on the Company&#8212;Business Overview&#8212;Fuel Distribution&#8212;Industry and Regulatory Overview&#8212;Environmental, health and safety standards&#8221; and &#8220;Item 4.B. Information on the Company&#8212;Business Overview&#8212;Petrochemicals and Chemicals&#8212;Industry and Regulatory Overview&#8212;Environmental, health and safety standards.&#8221;</span></p>
<p style="margin: 18pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">The production, storage and transportation of LPG, fuels and petrochemicals are inherently hazardous. </span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The operations we perform at our plants involve safety risks and other operating risks, including the handling, production, storage and transportation of highly inflammable, explosive and toxic materials. These risks could result in personal injury and death, severe damage to or destruction of property and equipment and environmental damage. A sufficiently large accident at one of our plants, service stations or storage facilities could force us to suspend our operations in the facility temporarily and result in significant remediation costs, loss of revenues and contingent liabilities. In addition, insurance proceeds may not be available on a timely basis and may be insufficient to cover all losses. Equipment breakdowns, natural disasters and delays in obtaining imports or required replacement parts or equipment can also affect our manufacturing operations and consequently our results from operations, and our reputation.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">For example, on April&#160;2, 2015, part of the storage facilities operated by Ultracargo in Santos, in the state of S&#227;o Paulo, endured a nine-day fire surrounding six ethanol and gasoline tanks. There were no casualties in this accident and, following an investigation by the State and Federal Police into the accident and its impact on the region, the cause of the accident was determined to be inconclusive. See &#8220;Item&#160;4.A. Information on the Company&#8212;History and Development of the Company&#8212;Ultracargo &#8211; Fire at storage facilities in Santos.&#8221; </span></p>
<p style="margin: 18pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">Our level of indebtedness may require us to use a significant portion of our cash flow to service such indebtedness. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">As of December&#160;31, 2021, our consolidated debt was R$16,377.6 million (US$2,934.8 million) and our net cash provided by operating activities from continuing operations totaled R$1,603.4&#160;million (US$287.3 million). The level and composition of our indebtedness could have significant consequences for us, including requiring a portion of our cash flow from operations to be committed to the payment of principal and interest on our indebtedness, thereby reducing the available cash to finance our working capital and investments.</span></p>
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<p style="margin: 18pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">Our insurance coverage may be insufficient to cover losses that we might incur.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The operation of any chemical manufacturing plant and the specialized distribution and retail, as well as the operations of logistics of oil, LPG, fuels and pharmaceuticals distribution involve substantial risks of property damage and personal injury and may result in material costs and liabilities. Although we maintain insurance policies, the occurrence of losses or other liabilities that are not covered by insurance or that exceed the limits of our insurance coverage could result in significant unexpected additional costs. </span></p>
<p style="margin: 18pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <span style="font-style: italic; font-weight: bold;">The suspension, cancellation or non-renewal of certain </span><span style="font-style: italic; font-weight: bold;">t</span><span style="font-style: italic; font-weight: bold;">ax benefits may adversely affect our results of operations. </span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Currently, we are entitled to tax benefits providing for income tax reduction for our activities in the Northeast region of Brazil, subject to certain conditions. Conversely, if the corresponding tax authorities understand that we have not complied with any of the tax benefit requirements or if the current tax programs from which we benefit are modified, suspended, cancelled, not renewed or renewed under terms that are substantially less favorable than expected, we may become liable for the payment of related taxes at the full tax rates and our results of operations may be adversely affected. Income tax exemptions amounted to R$110.9&#160;million, R$83.9&#160;million and R$43.2&#160;million, for the years ended December&#160;31, 2021, 2020 and 2019, respectively. See &#8220;Item 4.B. Information on the Company&#8212;Business Overview&#8212;Distribution of Liquefied Petroleum Gas&#8212;Ultragaz&#8212;Income tax exemption status&#8221;, &#8220;Item 4.B. Information on the Company&#8212;Business Overview&#8212;Petrochemicals and Chemicals&#8212;Oxiteno&#8212;Income tax exemption status&#8221; and &#8220;Item 4.B. Information on the Company&#8212;Business Overview&#8212;Storage services for liquid bulk &#8212;Ultracargo&#8212;Income tax exemption status.&#8221;</span></p>
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<p style="margin: 11pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">No single shareholder or group of shareholders holds more than 50% of our capital stock, which may increase the</span><span style="font-style: italic; font-weight: bold;"> opportunity for alliances between shareholders and other events that may occur as a result thereof. </span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">No single shareholder or group of shareholders holds more than 50% of our capital stock. Due to the absence of a controlling shareholder, we may be subject to future alliances or agreements between shareholders, which may result in the exercise of a relevant influence over our Company by them. In the event a controlling group is formed and decides to exercise its influence over our Company, we may be subject to unexpected changes in our corporate governance and strategies, including the replacement of key executive officers. Any unexpected change in our management team, business policy or strategy, any dispute between our shareholders, or any attempt to acquire control of our Company may have an adverse impact on us. The term of office of our current members of our Board of Directors, who were elected at the annual and extraordinary general shareholders&#8217; meeting held on April&#160;14, 2021, will expire in the annual general shareholders&#8217; meeting to be held in 2023.&#160;</span></p>
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<p style="margin: 18pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">As a result of acquisitions, Ultrapar has assumed and may assume in the future certain liabilities related to the businesses acquired or to be acquired</span><span style="font-style: italic; font-weight: bold;">. Additionally, Ultrapar has assumed and may assume certain</span><span style="font-style: italic; font-weight: bold;"> risks associated with </span><span style="font-style: italic; font-weight: bold;">acquisitions and divestments</span><span style="font-style: italic; font-weight: bold;">, including regulatory risks. </span></span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultrapar has assumed certain liabilities of previously acquired businesses; therefore, certain existing financial obligations, legal liabilities or other known and unknown contingent liabilities or risks of the businesses acquired have become Ultrapar&#180;s responsibility. Ultrapar may acquire new businesses in the future and, as a result, it may be subject to additional liabilities, obligations and risks. See &#8220;Item 4.A. Information on the Company&#8212;History and Development of the Company&#8221; for more information in connection with these acquisitions. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In addition, Ultrapar is subject to risks relating to acquisitions and divestments that it enters into from time to time. Such risks include that the approval of such transactions may ultimately be refused by the relevant regulatory bodies, including CADE. See &#8220;Item 8.A. Financial Information&#8212;Consolidated Statements and Other Financial Information&#8212;Legal Proceedings.&#8221; </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">These liabilities may cause Ultrapar to be required to make payments (including indemnifications and future claims in judicial and arbitral proceedings), incur charges or take other actions that may adversely affect Ultrapar&#8217;s financial position and results of operations and the price of Ultrapar&#8217;s shares. </span></p>
<p style="margin: 18pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">Our founding family and part of our senior management, through their ownership interest in Ultra S.A. and Parth, own a significant portion of our shares and may influence the management, direction and policies of Ultrapar, including the outcome of any matter submitted to the vote of shareholders. </span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Although there is no controlling shareholder of Ultrapar, our founding family and part of our senior management, through their ownership interest in Ultra S.A., beneficially own 25% of our outstanding common stock. Ultra S.A., together with Parth, another branch of the Igel family, entered into a shareholders&#8217; agreement on May&#160;2, 2018 relating to their Ultrapar shares. On August 18, 2020, Ultra S.A. and Parth entered into the 2020 Shareholders&#8217; Agreement to include P&#225;tria, in its capacity as Ultra S.A.'s shareholder then holding a 20% stake in Ultra S.A.'s capital stock, as consenting intervening party, therefore bound by the provisions of the 2020 Shareholders' Agreement. The 2020 Shareholders&#8217; Agreement replaced the 2018 Shareholders&#8217; Agreement in its entirety, and the terms and conditions remain substantially the same of the latter. On September 28, 2021, Ultra S.A. informed the Company that Mr. Marcos Marinho Lutz, our Chief Executive Officer, became a shareholder of Ultra S.A., holding 2.4% of its capital stock, and also became a consenting intervening party of the 2020 Shareholders&#8217; Agreement. As of December 31, 2021, the 2020 Shareholders' Agreement binded a total of shares representing 34.7% of the Company&#8217;s capital stock.</span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">See &#8220;Item 4.A. Information on the Company&#8212;History and Development of the Company&#8221;, &#8220;Item 7.A. Major Shareholders and Related Party Transactions&#8212;Major Shareholders&#8212;Shareholders&#8217; Agreements&#8221; and &#8220;Exhibit 2.12&#8212;2020 Shareholders&#8217; Agreement, dated as of August 18, 2020.&#8221; Accordingly, these shareholders, acting together through Ultra S.A. and Parth, may exercise significant influence over all matters requiring shareholder approval, including the election of our directors.</span></p>
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<p style="margin: 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">Our status as a holding company may limit our ability to pay dividends on the shares and consequently, on the ADSs. </span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">As a holding company, we have no significant operating assets other than the ownership of shares of our subsidiaries. Substantially all of our operating income comes from our subsidiaries, and therefore we depend on the distribution of dividends or interest on shareholders&#8217; equity from our subsidiaries. Consequently, our ability to pay dividends depends solely upon our dividends and other cash flows from our subsidiaries.</span></p>
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<p style="margin: 18pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">Our governance and compliance processes may fail to prevent regulatory penalties and reputational harm. </span></p>
<p style="margin: 6pt 0pt 0pt; page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">We are committed to conduct our businesses in a legal and ethical manner in compliance with the local and international statutory requirements and standards applicable to our activities. However, our governance and compliance processes, which include reviewing internal controls over financial reporting, may not prevent future violations of applicable legal, including anti-corruption, antitrust and conflicts of interest laws and regulations, accounting or governance standards. Although we have implemented what we understand to be a robust compliance and ethics program to detect and prevent violations of applicable anti-corruption, antitrust and conflicts of interest laws, we may be subject to breaches of our Code of Ethics, anti-corruption policies and commercial conduct protocols, and to instances of fraudulent behavior, corrupt, anticompetitive and unethical practices and dishonesty by our employees, contractors or other agents. In the recent past, anticompetitive practices have been one of the main problems affecting fuels and LPG distributors in Brazil, including Ipiranga and Ultragaz. There are allegations of cartels involved in price fixing in the fuel distribution and LPG sectors, and CADE has been targeting players of these sectors in different regions of Brazil. CADE has recently been actively investigating these sectors and the outcome of the ongoing investigations, administrative proceedings and lawsuits could have a material adverse effect on Ipiranga and Ultragaz. Our failure to comply with applicable laws and other standards could subject us to, among others, litigation, investigations, expenses, fines, loss of operating licenses and reputational harm. </span></p>
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<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">Information technology failures, including those that affect the privacy and security of personal data, as a result of cyber-attacks or other causes, could adversely affect our businesses and the market price of our shares and ADSs. </span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">We increasingly rely on information technology systems to process, transmit, and store electronic information. A significant portion of the communication between our personnel, customers, and suppliers depends on information technology. In addition, our billing systems relies heavily on technology infrastructure. As with all large systems, our information systems may be vulnerable to a variety of interruptions due to events beyond our control, including, but not limited to, natural disasters, terrorist attacks, telecommunications failures, computer viruses, hacker attacks, human errors or other security issues. </span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">We depend on information technology to enable us to operate efficiently and interface with customers, as well as to maintain in-house management and control. We also collect and store non-public personal information that customers provide to purchase products or services, including personal information and payment information. </span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In addition, the concentration of processes in shared services centers means that any technology disruption could impact a large portion of our businesses within the operating regions we serve. Any transitions of processes to, from or within shared services centers as well as other transformational projects, could lead to business disruptions. If we do not allocate, and effectively manage, the resources necessary to build and sustain the proper technology infrastructure, we could be subject to transaction errors, processing inefficiencies, loss of customers, operations disruptions, or the loss of or damage to intellectual property caused by security breach. As with all information technology systems, our system could also be penetrated by outside parties with the purpose of extracting information, corrupting information or disrupting business processes. </span></p>
<p style="margin: 6pt 0pt 0pt; text-align: justify; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In Brazil, we are subject to laws and regulations relating to data protection and data privacy, including Brazilian Law No. 13,709 (LGPD). LGPD, which came into force in September 2020, except for its administrative sanctions (Articles 52, 53 and 54), which came into force on August 1, 2021, pursuant to Law No. 14,010, sets out the rights of data holders and, among others, creates a legal framework for the processing of personal data. LGPD requires mandatory breach notification in case of relevant risk or damage to the data holder and authorizes regulatory investigations that could lead to fines and other sanctions in case of non-compliance. To date, we are not aware of any ongoing regulatory investigations affecting us. However, we cannot assure that we will not be subject to any such investigations and any resulting sanctions in the future, should any breaches take place. </span></p>
<p style="margin: 6pt 0pt 0pt; text-align: justify; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">LGPD, as well as any other changes to existing personal data protection laws, may subject us to, among other measures, additional costs and expenses, which would require costly changes to our businesses practices and security systems, policies, procedures and practices.</span></p>
<p style="margin: 6pt 0pt 0pt; text-align: justify; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">As a result of our activities, Ultra Group processes personal data, including data of employees, dealers, customers and consumers. Therefore, in order to comply with the applicable laws and regulations, we have designed and implemented a privacy program, which, among others, aims to ensure that our businesses will put in place the procedures required to provide the appropriate legal basis for the processing of personal data and the adequate handling of said personal data.&#160;</span></p>
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<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">We have implemented security measures to protect our databases and prevent cyberattacks, thereby reducing risks of exposure to data breaches and IT security incidents and we have adopted various actions aiming to minimize potential technology disruptions, such as tools, controls and procedures in the management and monitoring of internal and perimeter security, periodic analysis of vulnerabilities, an information security and cybersecurity awareness program, contingency plans for critical processes, a secondary environment for physical disaster recovery and respective periodic tests, tools for continuous monitoring and correlation of events, a dedicated team responsible for maintaining and continuously improving the information security management system, incident response plans and other best practices and tools, but all of these protections may be compromised as a result of third-party security breaches, burglaries, cyberattack, errors by employees or employees of third-party vendors, contractors, misappropriation of data by employees, vendors or unaffiliated third parties, or other irregularities that may result in persons obtaining unauthorized access to company data or otherwise disrupting our business. </span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">For example, on January 11, 2021, an unauthorized party disrupted access to our IT systems, which caused a temporary interruption to our operations and resulted in the theft of certain proprietary data. On January 14, 2021, we began restoring the systems that were affected by this incident, consistent with our cybersecurity guidelines and policies. All critical information systems of the Company and its subsidiaries have been fully operational since February 2021. For further information, see Note 1.b to our consolidated financial statements.&#160;</span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">As of the date of this annual report, the Company does not carry insurance against cyber incidents. Therefore, similar interruptions, data breaches or any noncompliance with LGPD could have an adverse effect on our businesses, reputation, results of operations, cash flows or financial condition, or result in proceedings or actions against us, including the imposition of fines.</span></p>
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<p style="margin: 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Risks Relating to Brazil </span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><span style="font-style: italic;">The Brazilian government has exercised, and continues to exercise, significant influence over the Brazilian economy. Brazilian political and economic conditions, including ongoing political instability and perceptions of these conditions in the international markets, could adversely affect our businesses and the market price of our shares and ADSs.</span> </span></p>
<p style="margin: 6pt 0pt 0pt; page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The Brazilian government frequently intervenes in the Brazilian economy and occasionally makes substantial changes in policy and regulations. The Brazilian government&#8217;s actions to control inflation and affect other policies and regulations have involved price and wage controls, currency devaluations, capital controls, strong fiscal adjustments and limits on imports, among other measures. Our businesses, financial condition and results of operations may be adversely affected by changes in policy or regulations involving or affecting tariffs, exchange controls and other matters, as well as factors such as:&#160;&#160;</span></p>
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<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">currency fluctuations; </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">inflation; </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">interest rates; </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">exchange rate policies; </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">liquidity available in the domestic capital, credit and financial markets; </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">oil and gas sector regulations, including price policies; </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">petrochemical and chemical sectors regulations; </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">retail pharmacy business regulations; </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">payment business regulations;</span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">the impact of epidemics and pandemics, such as the ongoing COVID-19 pandemic; </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">price instability; </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">social and political instability; </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">energy and water shortages and rationing; </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">liquidity of domestic capital and lending markets; </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">fiscal policy; and </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">other political, economic, social, trade and diplomatic developments in or affecting Brazil. </span></li>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Uncertainty over whether the Brazilian government may implement changes in policy or regulation affecting these or other factors in the future may contribute to economic uncertainty in Brazil and to heightened volatility in the Brazilian securities markets and securities issued abroad by Brazilian issuers, as well as heightened volatility in the Brazilian Real. These and other future developments in the Brazilian economy or government policies may adversely affect us and our businesses as well as our results of operations and may adversely affect the trading price of our ADSs and shares. Furthermore, the Brazilian government may enact new regulations that may adversely affect our businesses and us.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;Political instability in Brazil has been growing in recent years and can adversely affect the economy.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Brazilian markets have registered an increase in volatility due to uncertainties resulting from ongoing investigations conducted by the Brazilian Federal Police and the Brazilian Federal Public Prosecutor&#8217;s Office with respect to high-ranking members of the government, including President Jair Bolsonaro. Such investigations have impacted the country&#8217;s economy and political environment. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Furthermore, President Bolsonaro has been criticized both in Brazil and internationally, with the destabilizing effects of the COVID-19 pandemic increasing political uncertainty and instability in Brazil, particularly after the departure of several high-ranked federal ministers and the allegations of corruption against President Bolsonaro. As of the date of this 20-F, President Bolsonaro is under investigation by the Brazilian Supreme Court for potential misconduct, as alleged by former Minister of Justice, Sergio Moro. In addition, in April 2021, the Brazilian Congress has launched a Parliamentary Inquiry Commission (Comiss&#227;o Parlamentar de Inqu&#233;rito, or &#8220;CPI&#8221;) to investigate the government&#8217;s management of the COVID-19 pandemic. The CPI investigated, among other things, alleged failures to impose lockdowns or promote social distancing, the successive removals of health ministers amid the pandemic, and the promotion of unproven drugs in treating COVID-19. Upon completion of the congressional investigation, a final report was approved on October 26, 2021 recommending President Bolsonaro to be indicted for nine crimes related to his handling of the COVID-19 pandemic, including crimes against humanity. The congressional report could lead to criminal charges or trigger an impeachment proceeding. Any resulting consequences of these investigations could have material adverse effects on the political and economic environment in Brazil, as well as on businesses operating in Brazil, including us.&#160;</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In February 2021, President Bolsonaro moved to replace the then-CEO of state-controlled Petrobras with the army general, Joaquim Silva e Luna, suggesting a more interventionist government agenda, which had an adverse effect on Brazilian capital markets. In March, 2022, Mr. Luna was ousted by President Bolsonaro in a stand-off over fuel prices. To replace him, president Bolsonaro nominated Jos&#233; Mauro Coelho, who was elected on April 14, 2022, for a one-year term, becoming Petrobras&#8217;s third CEO in just over a year. More recently, President Bolsonaro&#8217;s ongoing criticism of Brazil&#8217;s electronic voting system and the judiciary for investigations involving his supporters for allegedly financing, organizing or inciting violence or anti-democratic acts, or disseminating false information, contributed to heightened tensions with the Brazilian Supreme Court.</span></p>
<p style="margin: 5pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The potential outcome of these and other matters is uncertain, but they have already had a negative impact on the market general perception regarding the Brazilian economy and have adversely affected and may continue to affect our businesses, financial condition and results of operations, as well as the market price of our common shares. We cannot predict whether the ongoing investigations, including those involving President Jair Bolsonaro, will lead to further political and economic instability, nor whether new allegations against government officials and executives and/or private companies will emerge in the future. We are also unable to foresee the results of these investigations, nor the impact on the Brazilian economy or the Brazilian stock market.</span></p>
<p style="margin: 5pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In addition, general elections in Brazil, including to elect the president, are scheduled to be held in October 2022. Historically, election years in Brazil, especially presidential ones, are marked by political uncertainty which generates greater instability and volatility in the Brazilian economic and political scenario. Moreover, in March 2021, the Brazilian Supreme Court overturned criminal convictions and restored former President Luiz In&#225;cio Lula da Silva&#8217;s political rights, allowing him to run in the upcoming presidential election, adding more uncertainty to the Brazilian political landscape. The outcome of the upcoming presidential election, as well as its impacts on the Brazilian economy, are uncertain and may adversely affect our operations, financial results, and the trading price of our shares.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Moreover, the Brazilian government may be subject to internal pressure to change its current macroeconomic policies in order to achieve higher rates of economic growth. Prior to the COVID-19 pandemic, Brazil was just emerging from a prolonged recession and a period of slow recovery, with only meager GDP growth in 2017, 2018 and 2019. Brazil&#8217;s incipient economic recovery in 2020 was torpedoed with the onset of the COVID-19 pandemic and governmental measures in relation thereto, all of which have introduced an additional level of economic and political uncertainty. These dynamics further impacted the start of 2021 which, as restrictions were gradually lifted and government stimulus reduced, amplified the uncertainty by adding volatility to the market through accelerated inflation and higher Selic rates in Brazil.</span></p>
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<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Brazil&#8217;s federal budget has been in deficit since 2014. Similarly, the governments of Brazil&#8217;s constituent states are also facing fiscal concerns due to their high debt burdens, declining revenues and inflexible expenditures. The Brazilian Congress has approved a ceiling on government spending that limits primary public expenditure growth to the prior year&#8217;s inflation for a period of at least 10 years. In 2019, Congress approved the reform of Brazil&#8217;s pension system, which is expected to contribute towards complying with the spending limit. However, discussions in the Brazilian Congress relating to a tax and an administrative reform remain ongoing as of the date of this annual report. In addition, governmental responses to the ongoing COVID-19 pandemic may have significant effect on the fiscal position in Brazil, including reduced tax revenue and increased governmental spending to combat COVID-19 and its impacts. The Brazilian Congress has approved a legislative decree that recognizes the state of public calamity in Brazil due to the COVID-19 pandemic and such state of calamity was effective until December&#160;31, 2020. Due to the state of public calamity, the government was not required to meet the fiscal primary balance target for 2020. In addition, a constitutional amendment has been approved by the Congress to allow the separation of expenses incurred to combat COVID-19 from the budget of the Federal Government, creating an extraordinary regime to allow the increase in public expenditures during the ongoing COVID-19 pandemic without the constitutional barriers that currently restrict federal spending. The proposed constitutional amendment exempts the Federal Government from the so-called fiscal &#8220;golden rule&#8221; of balancing the budget through the end of 2020. Moreover, on December 8, 2022, the Congress passed another amendment to the Brazilian Constitution (the so-called &#8220;PEC dos Precat&#243;rios&#8221;), which eases certain rules related to the payment of &#8220;precat&#243;rios&#8221; in Brazil (judicial payment orders related to debts owed by the federal treasury and other federal governmental entites in Brazil) to release part of the Federal Government Budget for 2022, which will be used finance a new social program launched by President Bolsonaro ahead of his 2022 re-election campaign. Recently, proposals under consideration may also include significant financial support to the budgets of states and municipalities, further increasing government spending, which is expected to further increase the fiscal deficit in Brazil.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Diminished confidence in the Brazilian government&#8217;s budgetary condition and fiscal stance could result in downgrades of Brazil&#8217;s sovereign debt by credit rating agencies and the rise of risk premium, negatively impacting Brazil&#8217;s economy, lead to further depreciation of the Real and an increase in inflation and interest rates. In addition, negative ratings actions could be taken by rating agencies as a result of economic and political uncertainties or other factors in connection with the COVID-19 pandemic (see &#8220;&#8212;Risks Relating to Ultrapar and Its Industries&#8212;Our businesses may be materially and adversely affected by the outbreak of communicable diseases, such as the ongoing COVID-19 pandemic, or other epidemics or pandemics&#8221;, and other risk factors included herein). The occurrence of any of these factors could adversely affect our businesses, results of operations and financial condition. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">We cannot predict which policies will be adopted by the Brazilian government, including with respect to the oil and gas industry or Petrobras&#8217; pricing policies. Moreover, in the past, the Brazilian economy has been affected by the country&#8217;s political events, which have also affected the confidence of investors and the public in general, thereby adversely affecting the performance of the Brazilian economy. Furthermore, any indecisiveness by the Brazilian government in implementing changes to certain policies or regulations may contribute to economic uncertainty in Brazil and heightened volatility for the Brazilian securities markets and securities issued abroad by Brazilian companies. We are not able to fully estimate the impact of global and Brazilian political and macroeconomic developments on our businesses. In addition, there is substantial uncertainty regarding future economic policies, and we cannot predict which policies will be adopted by the Brazilian government and whether these policies will negatively affect the economy or our businesses or financial performance. Recent economic and political instability has led to a negative perception of the Brazilian economy and higher volatility in the Brazilian securities markets, which also may adversely affect our securities and us. Any continued economic instability and political uncertainty which results in reduced availability of credit and reduced economic growth may materially and adversely affect our businesses.</span></p>
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<p style="margin: 18pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;"><span style="font-weight: bold;">Inflation</span><span style="font-weight: bold;"> </span><span style="font-weight: bold;">and certain governmental measures to curb inflation</span><span style="font-weight: bold;">, including as a result of the COVID-19 pandemic,</span><span style="font-weight: bold;"> may contribute significantly to economic uncertainty in Brazil and could harm our businesses and the market value of the ADSs and our shares.</span></span></p>
<p style="margin: 6pt 0pt 0pt; page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In the past, Brazil has experienced extremely high rates of inflation. Inflation and some of the Brazilian government&#8217;s measures taken in an attempt to curb inflation have had significant negative effects on the Brazilian economy. Since the introduction of the Real in 1994, Brazil&#8217;s inflation rate has been substantially lower than that in previous periods. However, during the recent past, the economy has experienced increasing inflation rates and actions taken in an effort to curb inflation, coupled with economic and political impacts derived from COVID-19 crisis and speculation about possible future governmental actions, have contributed to economic uncertainty in Brazil and heightened volatility in the Brazilian securities market. According to the &#205;ndice Geral de Pre&#231;os-Mercado, or IGP-M, an inflation index, the Brazilian general price inflation rates were 17.8% in 2021, 23.1% in 2020 and 7.3% in 2019. According to the &#205;ndice Nacional de Pre&#231;os ao Consumidor Amplo, or IPCA, an inflation index to which Brazilian government&#8217;s inflation targets are linked, inflation in Brazil was 10.1% in 2021, 4.5% in 2020 and 4.3% in 2019. Brazil may experience high levels of inflation in the future. Our operating expenses are substantially in Reais and tend to increase with Brazilian inflation. Inflationary pressures due to low interest rates and exchange rate depreciation may also hinder our ability to access foreign financial markets or may lead to further government intervention in the economy, including the introduction of government policies that could harm our businesses or adversely affect the market value of our shares and, as a result, our ADSs.</span></p>
<p style="margin: 18pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; font-style: italic;">Exchange rate instability may adversely affect our financial condition, results of operations and the market price of the ADSs and our shares.</span></p>
<p style="margin: 6pt 0pt 5pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Although a substantial portion of our sales is denominated in Reais, a significant portion of the products that we distribute, including LPG and fuel, have prices linked to commodity prices denominated in U.S. dollars. Therefore, we are exposed to foreign exchange rate risks that could materially adversely affect our businesses, financial condition and results of operations as well as our capacity to service our debt. See &#8220;Item 11. Quantitative and Qualitative Disclosures about Market Risk.&#8221;</span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">During the last decades, the Brazilian government has implemented various economic plans and a number of exchange rate policies, including sudden devaluations, periodic mini-devaluations during which the frequency of adjustments has ranged from daily to monthly, floating exchange rate systems, exchange controls and dual exchange rate markets. Although over long periods depreciation of the Brazilian currency has been generally correlated with the rate of inflation in Brazil, there have historically been observed shorter periods of significant fluctuations in the exchange rate between the Brazilian currency and the U.S. dollar and other currencies, in particular in the last 10 years. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In 2017, the Real depreciated 2% against the U.S. dollar reflecting the continued political instability and deterioration of the expectation of the pension reform approval, despite the slight improvement in the Brazilian macroeconomic scenario. In 2018, the Real depreciated 17%, pressured mainly by the global instability, result of economic crises in developed countries and the increase of interest rates by the Federal Reserve System in the United States. The domestic scenario, characterized by political instability due to the presidential election and the slow progress of fiscal and pension reforms, also influenced the Real depreciation during the year. In 2019, the Brazilian Central Bank reduced the interest rate to boost economic momentum after indications of low inflation. The reduction in interest rates, along with geopolitical instability &#8211; mainly the commercial conflict between the United States and China, led to pressures on the Real exchange rate in 2019. Despite the pension reform approval by the Brazilian Congress and other events that caused periods of appreciation during the year, the Real depreciated 4% against the U.S. dollar in 2019. In 2020, the Real depreciated 29% against the U.S. dollar, mainly due to the low interest rate environment in Brazil coupled with local and international market conditions, including the economic, political and other impacts of the ongoing COVID-19 pandemic. In 2021, the Real depreciated 7% against the U.S. dollar, mainly due to the slow recovery of Brazil from the economic downturn, the increase in global inflation and fiscal risks in the country. From December 31, 2021 to April 22, 2022, the Real appreciated 15%&#160;against the U.S. dollar.</span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">There are no guarantees that the exchange rate between the Real and the U.S. dollar will stabilize at current levels, and the Real and the U.S. dollar exchange rate may be adversely impacted by the economic and fiscal scenario caused by the ongoing COVID-19 pandemic and governmental responses to this. Although we have contracted hedging instruments with respect to part of our existing U.S. dollar debt obligations, in order to reduce our exposure to fluctuations in the dollar/Real exchange rate, we cannot guarantee that such instruments will be adequate to fully protect us against further devaluation of the Real, and we could in the future experience monetary losses as a result. See &#8220;Item 11. Quantitative and Qualitative Disclosures about Market Risk&#8221; for information about our foreign exchange risk hedging policy.&#160;</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Depreciations of the Real relative to the U.S. dollar can create additional inflationary pressures in Brazil that may negatively affect us. Depreciations generally curtail access to foreign financial markets and may prompt government intervention, including recessionary governmental policies. Depreciations also reduce the U.S. dollar value of distributions and dividends on the ADSs and the U.S. dollar equivalent of the market price of our shares and, as a result, the ADSs. On the other hand, appreciation of the Real against the U.S. dollar may lead to a deterioration of the country&#8217;s current account and the balance of payments, as well as to a dampening of export-driven growth.&#160;&#160;</span></p>
<p style="margin: 18pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><span style="font-style: italic;">Economic and market conditions in other countries, including in the United States and emerging market countries, may materially and adversely affect the Brazilian economy and, therefore, our financial condition and the market price of the shares and ADSs.</span> </span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The market for securities issued by Brazilian companies is influenced by economic and market conditions in Brazil, and, to varying degrees, market conditions in other countries, including the United States, other Latin American and emerging market countries. Although economic conditions are different in each country, the reaction of investors to developments in one country may cause the capital markets in other countries to fluctuate. Developments or conditions in other countries, including the United States and other emerging market countries, have at times significantly affected the availability of credit in the Brazilian economy and resulted in considerable outflows of funds and declines in the amount of foreign currency invested in Brazil, as well as limited access to international capital markets, all of which may materially and adversely affect our ability to borrow funds at an acceptable interest rate or to raise equity capital when and if we should have such a need. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In 2019, 2020 and 2021, the Brazilian market remained volatile due to, among other factors, uncertainties about the increasing risk aversion to emerging market countries, and the uncertainties regarding Brazilian macroeconomic and political conditions. These uncertainties adversely affected us and the market value of our securities. In addition, we continue to be exposed to disruptions and volatility in the global financial markets because of their effects on the financial and economic environment, particularly in Brazil, such as a slowdown in the economy, an increase in the unemployment rate, a decrease in the purchasing power of consumers and the lack of credit availability. In addition, since the beginning of 2020, the ongoing COVID-19 pandemic has resulted in significant financial market volatility and uncertainty around the globe. See &#8220;Our businesses may be materially and adversely affected by the outbreak of communicable diseases, such as the ongoing COVID-19 pandemic, or other epidemics or pandemics.&#8221; </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Disruption or volatility in the global financial markets, including as a result of the military conflict between Russia and Ukraine, could further increase negative effects on the financial and economic environment in Brazil, which could have a material adverse effect on our businesses, results of operations and financial condition.</span></p>
<p style="margin: 18pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;"><span style="font-weight: bold;">Our businesses, financial condition and results of operations may be materially and adversely affected by a general economic downturn and by instability and volatility in the financial markets</span><span style="font-weight: bold;">, including as a result of the conflict between Ukraine and Russia.</span></span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The turmoil of the global financial markets and the scarcity of credit in the past led to lack of consumer confidence, increased market volatility and widespread reduction of business activity. An economic downturn could materially and adversely affect the liquidity, businesses and/or financial conditions of our customers, which could in turn result not only in decreased demand for our products, but also increased delinquencies in our accounts receivable.</span></p>
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<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">On February 24, 2022, a full-scale military invasion of Ukraine by Russian troops was reported. Since then, global markets have been experiencing volatility and disruption following the escalation of geopolitical tensions and the start of the military conflict between these countries. Although the length and impact of the ongoing military conflict are highly unpredictable, the conflict in Ukraine has led and could further lead to market disruptions, including significant volatility in commodity prices, including crude oil and natural gas, which could impact the prices of LPG and oil-based fuel, and demand in the markets in which we operate. Additionally, governments in the United States and many other countries have imposed economic sanctions on certain Russian individuals, including politicians, and Russian corporate and banking entities. These sanctions, or even the threat of further sanctions, could result in Russia taking countermeasures or retaliatory actions which may lead to further market disruptions and an increase in crude oil and natural gas prices globally, which could negatively impact our businesses and operations.<span style="font-style: italic;"> </span></span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Moreover, an eventual new global financial crisis could have a negative impact on our cost of borrowing and on our ability to obtain future borrowings. The disruptions in the financial markets could also lead to a reduction in available trade credit due to counterparties&#8217; liquidity concerns. If we experience a decrease in demand for our products or an increase in delinquencies in our accounts receivable, or if we are unable to obtain borrowings our businesses, financial condition and results of operations could be materially adversely affected. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Additionally, the rapid escalation of COVID-19 pandemic across the world since the beginning of 2020 has had, and can continue to have, a number of negative impacts on our businesses, financial condition and results of operations. See &#8220;&#8212;Our businesses may be materially and adversely affected by the outbreak of communicable diseases, such as the ongoing COVID-19 pandemic, or other epidemics or pandemics.&#8221; </span></p>
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<p style="margin: 18pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; font-style: italic;">Holders of our ADSs may face difficulties in serving process on or enforcing judgments against us and other relevant persons.</span><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; font-style: italic;"><br/></span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span>We are a company incorporated under the laws of Brazil. All members of our Board of Directors, executive officers and experts named</span> in this annual report are residents of Brazil or have business address in Brazil. All or a substantial part of the assets pertaining to these individuals and to Ultrapar are located outside the United States. As a result, it is possible that investors may not be able to effect service of process upon these individuals or us in the United States or other jurisdictions outside Brazil, or enforce judgments against us or these other persons obtained in the United States or other jurisdictions outside Brazil, including for civil liability based upon United States federal securities laws or otherwise. In addition, because judgments of United States courts for civil liabilities based upon the United States federal securities laws may only be enforced in Brazil if certain conditions are met, holders may face greater difficulties in protecting their interests in the case of actions against us or our Board of Directors or executive officers than would shareholders of a United States corporation. </span></p>
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<p><span style="font-size: 10pt; font-weight: bold;">Risks Relating to the Shares and the American Depositary Shares</span><br/></p>
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<p style="margin: 18pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; font-style: italic;">Asserting limited voting rights as a holder of ADSs may prove more difficult than for holders of our common shares. </span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Under the Brazilian Corporate Law, only shareholders registered as such in our corporate books may attend shareholders&#8217; meetings. All common shares underlying the ADSs are registered in the name of the depositary bank. A holder of ADSs, accordingly, is not entitled to attend shareholders&#8217; meetings. A holder of ADSs is entitled to instruct the depositary bank as to how to exercise the voting rights of its common shares underlying the ADSs in accordance with procedures provided for in the Deposit Agreement, but a holder of ADSs will not be able to vote directly at a shareholders&#8217; meeting or appoint a proxy to do so. In addition, a holder of ADSs may not have sufficient or reasonable time to provide such voting instructions to the depositary bank in accordance with the mechanisms set forth in the Deposit Agreement and custody agreement, and the depositary bank will not be held liable for failure to deliver any voting instructions to such holders. </span></p>
<p style="margin: 18pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; font-style: italic;">Holders of our shares or ADSs may not receive dividends. </span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Under our bylaws, unless otherwise proposed by the Board of Directors and approved by the voting shareholders at our annual shareholders&#8217; meeting, we must generally pay our shareholders a mandatory distribution equal to at least 25% of our adjusted net profit, after the allocation of 5% of the net profit to the legal reserve. However, our net income may be used to increase our capital stock, used to set off losses and/or otherwise retained in accordance with the Brazilian Corporate Law and may not be available for the payment of dividends, including in the form of interest on shareholders&#8217; equity. Therefore, whether you receive a dividend or not depends on the amount of the mandatory distribution, if any, and whether the Board of Directors and the voting shareholders exercise their discretion to suspend these payments. See &#8220;Item 8.A. Financial Information&#8212;Consolidated Statements and Other Financial Information&#8212;Dividends and Distribution Policy&#8212;Dividend Policy&#8221; for a more detailed discussion of mandatory distributions. </span></p>
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<p style="margin: 18pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; font-style: italic;">Holders of our shares may be unable to exercise preemptive rights with respect to the shares. </span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In the event that we issue new shares pursuant to a capital increase or offer rights to purchase our shares, shareholders would have preemptive rights to subscribe for the newly issued shares or rights, as the case may be, corresponding to their respective interest in our share capital, allowing them to maintain their existing shareholder percentage. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">However, our bylaws establish that the Board of Directors may exclude preemptive rights to the current shareholders or reduce the time our shareholders have to exercise their rights, in the case of an offering of new shares to be sold on a registered stock exchange or otherwise through a public offering. </span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The holders of our shares or ADSs may be unable to exercise their preemptive rights in relation to the shares represented by the ADSs, unless we file a registration statement for the offering of rights or shares with the SEC pursuant to the United States Securities Act or an exemption from the registration requirements applies. We are not obliged to file registration statements in order to facilitate the exercise of preemptive rights and, therefore, we cannot assure ADS holders that such a registration statement will be filed. As a result, the equity interest of such holders in our Company may be diluted. If the rights or shares, as the case may be, are not registered as required, the depositary will try to sell the preemptive rights held by holder of the ADSs and you will have the right to the net sale value, if any. However, the preemptive rights will expire without compensation to you should the depositary not succeed in selling them. </span></p>
<p style="margin: 13.5pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160; &#160; &#160; &#160; &#160; </span><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; font-style: italic;">If shareholders exchange ADSs for shares, they may lose certain foreign currency remittance and Brazilian tax advantages. </span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The ADSs benefit from the depositary&#8217;s certificate of foreign capital registration, which permits the depositary to convert dividends and other distributions with respect to the shares into foreign currency and remit the proceeds abroad. In order to surrender ADSs for the purpose of withdrawing the shares represented thereby, investors are required to comply with National Monetary Council (&#8220;CMN&#8221;) Resolution 4,373 of September&#160;29, 2014 (&#8220;CMN Resolution 4,373&#8221;), which requires, among other things, that investors appoint a legal representative in Brazil. If the investors fail to comply with CMN Resolution&#160;4,373, or the legal representative appointed by the investors fail to comply with CMN Resolution&#160;4,373 or to take action when required to do so, it could affect the investors&#8217; ability to receive dividends or distributions relating to our shares or the return of their capital in a timely manner. Investors that are registered as CMN Resolution 4,373 investors may buy and sell their shares on the Brazilian stock exchanges without obtaining separate certificates of registration. If investors do not qualify under CMN Resolution 4,373, they will generally be subject to less favorable tax treatment on distributions with respect to the shares. The depositary&#8217;s certificate of registration or any certificate of foreign capital registration obtained by the investor may be affected by future legislative or regulatory changes, and additional Brazilian law restrictions applicable to their investment in the ADSs may be imposed in the future. For a more complete description of Brazilian tax regulations, see &#8220;Item 10.E. Additional Information&#8212;Taxation&#8212;Brazilian Tax Consequences.&#8221; </span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; font-style: italic;">Controls and restrictions on the remittance of foreign currency could negatively affect your ability to convert and remit dividends, distributions or the proceeds from the sale of our shares, Ultrapar&#8217;s capacity to make dividend payments to non-Brazilian investors and the market price of our shares and ADSs. </span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Brazilian law provides that, whenever there is a serious imbalance in the Brazilian balance of payments or reasons for believing that there will be a serious imbalance in the future, the Brazilian government can impose temporary restrictions on remittances of proceeds from investments to foreign investors, including ADS holders and holders of Ultrapar shares that reside outside Brazil. The probability that the Brazilian government might impose such restrictions is related to the level of the country&#8217;s foreign currency reserves, the availability of currency in the foreign exchange markets on the date a payment is due, the amount of the Brazilian debt servicing requirement in relation to the economy as a whole, and the Brazilian policy towards the International Monetary Fund, among other factors. We are unable to give assurances that the Central Bank will not modify its policies or that the Brazilian government will not introduce restrictions or cause delays in payments by Brazilian entities of dividends relating to securities issued in the overseas capital markets. Such restrictions or delays could negatively affect your ability to convert and remit dividends, distributions or the proceeds from the sale of our shares, Ultrapar&#8217;s capacity to make dividend payments to non-Brazilian investors and the market price of our shares and the ADSs. </span></p>
<p style="margin: 18pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; font-style: italic;">Changes in Brazilian tax laws may have an adverse impact on the taxes applicable to a disposition of our ADSs. </span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">According to Article 26 of Brazilian Law No.&#160;10,833/2003, if a holder not deemed to be domiciled in Brazil for Brazilian tax and regulatory purposes, or a Non-Brazilian Holder, disposes of assets located in Brazil, the transaction will be subject to taxation in Brazil, even if such disposition occurs outside Brazil or if such disposition is made to another Non-Brazilian Holder. A disposition of our ADSs involves the disposal of a non-Brazilian asset, which in principle should not be subject to taxation in Brazil. Nevertheless, in the event that the disposal of assets is interpreted to include a disposal of our ADSs, this tax law could result in the imposition of the withholding income tax on a disposal of our ADSs between non-residents of Brazil. See &#8220;Item 10.E. Additional Information&#8212;Taxation&#8212;Brazilian Tax Consequences&#8212;Taxation of Gains.&#8221;</span></p>
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<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; font-style: italic;">Substantial sales of our shares or our ADSs could cause the price of our shares or our ADSs to decrease.</span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The shareholders of Ultra S.A. and Parth, which together own 34.7% of our outstanding shares, have the right to exchange their shares of Ultra S.A. and Parth for shares of Ultrapar and freely trade them in the market as more fully described under &#8220;Item 7.A. Major Shareholders and Related Party Transactions&#8212;Major Shareholders&#8212;Shareholders&#8217; Agreements.&#8221; Other shareholders, who may freely sell their respective shares, hold a substantial portion of our remaining shares. A sale of a significant number of shares could negatively affect the market value of the shares and ADSs. The market price of our shares and the ADSs could drop significantly if the holders of shares or the ADSs sell them or the market perceives that they intend to sell them.</span></p>
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<p style="margin: 18pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; font-style: italic;">There may be adverse U.S. federal income tax consequences to U.S. Holders if we are or become a PFIC under the Code.</span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">If we were characterized as a PFIC, in any year during which a U.S. Holder holds our shares or ADSs, certain adverse U.S. federal tax income consequences could apply to that person. Based on the manner in which we currently operate our businesses, the projected composition of our income and valuation of our assets, and the current interpretation of the PFIC rules, including the Commodity Exception, we do not believe that we were a PFIC in 2021 and we do not expect to be a PFIC in the foreseeable future. However, because PFIC classification is a factual determination made annually and is subject to change and differing interpretations, there can be no assurance that we will not be considered a PFIC for the current taxable year or any subsequent taxable year. U.S. Holders should carefully read &#8220;Item 10.E. Additional Information &#8212; Taxation &#8212; U.S. Federal Income Tax Considerations&#8221; for a description of the PFIC rules and consult their tax advisors regarding the likelihood and consequences of us being treated as a PFIC for U.S. federal income tax purposes.</span></p>
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<p style="margin: 24pt 0pt 0pt 55pt; page-break-after: avoid; text-indent: -55pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">ITEM</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">4.</span><span style="font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" id="BE_FK8ZG4IRG000000000000000000000" class="customBookmark"><span style="font-weight: bold;">INFORMATION ON THE COMPANY </span></a></span></p>
<p style="margin: 6pt 0pt 0pt 24.5pt; page-break-after: avoid; text-indent: -24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">A.</span><span style="font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-weight: bold;">History and Development of the Company </span></span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">We were incorporated on December&#160;20, 1953, with our origins dating back to 1937, when Ernesto Igel founded Ultragaz and pioneered the use of LPG as cooking gas in Brazil, using bottles acquired from Companhia Zeppelin. The gas stove began to replace the traditional wood stove, and to a lesser degree, kerosene and coal, which dominated Brazilian kitchens at the time. Since then, Ultrapar has become one of the largest business groups in Brazil. As of December 31, 2021, Ultrapar owned the following main businesses: Ipiranga, Ultragaz and Ultracargo (energy and infrastructure), abastece a&#237; (digital payments), Oxiteno (specialty chemicals), and Extrafarma (retail pharmacy), the last two of which are re-presented as discontinued operations.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">We are currently in the process of completing the review of our businesses portfolio, seeking greater complementarity and synergies in our operations within the energy and infrastructure sectors in Brazil, through Ipiranga, Ultragaz and Ultracargo. As a result of this reformulation, we have decided to discontinue the Oxiteno and Extrafarma operations to focus on strengthening and expanding its energy and infrastructure operations.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultrapar is incorporated under the laws of Brazil. Our main executive office is located at Brigadeiro Luis Ant&#244;nio Avenue, 1343, 9<span style="vertical-align: super;">th</span> Floor, 01317-910, S&#227;o Paulo, SP, Brazil. Our telephone number is +55 (11)&#160;3177 7014. Our internet website address is http://ri.ultra.com.br. Unless expressly incorporated by reference into this annual report, including the exhibits and schedules filed herewith, the contents of our website are not incorporated by reference into this annual report. Our agent for service of process in the United States is C.T. Corporation System, located at 111 Eighth Avenue, New York, New York 10011.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Below we describe our main continuing and discontinued operations.</span><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 6pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">A.1. </span><span style="font-weight: bold;">Continuing Operations</span></span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; font-style: italic;">Ultragaz </span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">When Ultragaz began its operations, it served only the Southeast region of Brazil. Currently, Ultragaz operates nationwide in the distribution of both bottled and bulk LPG, including the most highly populated states in Brazil, such as S&#227;o Paulo, Rio de Janeiro and Bahia, and may sell bottled LPG through independent dealers. Bulk LPG is serviced through Ultragaz own infrastructure.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In 1995, Ultragaz introduced UltraSystem &#8211; a small bulk distribution system &#8211; to residential, commercial and industrial segments, and started the process of geographical expansion through the construction of new LPG filling and satellite plants.</span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In 2003, Ultragaz acquired Shell G&#225;s, Royal Dutch Shell plc&#8217;s LPG operations in Brazil. With this acquisition, Ultragaz became the Brazilian market leader in LPG, with a 24% share of the Brazilian market on that date. In 2011, Ultragaz acquired Repsol&#8217;s LPG distribution business in Brazil.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In the past few years, Ultragaz undertook a comprehensive review of its business strategy, positioning itself as a diverse and innovative company, and using its experience, knowledge and reliability of its processes, products and services to create and offer energy solutions that meet its clients' needs. This strategy shift was illustrated through the redefinition of Ultragaz&#8217;s business motto in order to make it broader, inspirational and more suitable to the Company&#8217;s goals. Ultragaz&#8217;s new motto is: &#8220;we use our energy to change people&#8217;s lives.&#8221;</span></p>
<p style="margin: 5pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; font-style: italic;">Ultracargo </span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In the decade of 1960, the market demand for high-quality and safe transportation services led to our entrance in the transportation of chemicals, petrochemicals and LPG segment. In 1978, Ultracargo Log&#237;stica (formerly Terminal Qu&#237;mico de Aratu S.A. &#8211; Tequimar) was founded for the purpose of operating the terminals business. Later, it was acquired by Ultracargo, which is currently the largest independent provider of liquid bulk storage in Brazil. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In 2005, Ultracargo started up a new terminal in Santos, its second port terminal, that integrates road, rail and maritime transportation systems. In 2008, Ultracargo acquired 100% of the shares of Uni&#227;o Terminais held by Unipar, with port terminals in Santos and Rio de Janeiro, as well as the 50% stake held by Unipar in Uni&#227;o Vopak total capital stock, the owner of a port terminal in Paranagu&#225;. The combination of its operations with those of Uni&#227;o Terminais doubled the size of Ultracargo&#8217;s results and made it the largest liquid bulk storage company in Brazil, strengthening its operating scale. With this acquisition, Ultracargo increased its presence at the port of Santos, the largest Brazilian port, and is now strategically positioned in the ports of Rio de Janeiro and Paranagu&#225;, where the company did not previously have operations. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In 2009, Ultracargo acquired Puma Storage do Brasil Ltda., a storage terminal for liquid bulk located at the port of Suape, in the state of Pernambuco. In 2012, Ultracargo acquired Temmar from Temmar Netherlands B.V. and Noble Netherlands B.V., subsidiaries of Noble Group. Temmar owned a terminal in the port of Itaqui, in the state of Maranh&#227;o. </span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In March 2018, Ultracargo Log&#237;stica acquired 100% of the quotas of TEAS, owned by Ra&#237;zen Energia S.A. and Ra&#237;zen Araraquara A&#231;&#250;car e &#193;lcool Ltda., whose assets had already been operated by Ultracargo Log&#237;stica in the port of Santos. </span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In April 2019, Ultracargo won the concession of area VDC12 at the Vila do Conde port, in Barcarena, state of Par&#225;, with a minimum storage capacity of 59 thousand cubic meters. The area will be operated by Ultracargo for at least 25 years. In December 2021, Ultracargo started its operations at this new terminal, with a total storage capacity of 110 thousand cubic meters. The new terminal is in a region that is strategic for Ultracargo since it is the only provider of storage services for liquid bulk at this port. </span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In 2021, Ultracargo also won the public auction to operate area IQI13 at the Itaqui port, which increased Ultracargo&#8217;s total bulk capacity by 79 thousand cubic meters. Upon completion of the phase 3 expansion at the Itaqui terminal, its total capacity was increased by 46 thousand cubic meters, resulting in a total capacity of 155 thousand cubic meters.</span></p>
<p style="margin: 5pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; font-style: italic;">Ipiranga </span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In 2007, Ultrapar, Petrobras and Braskem announced their intent to acquire the Ipiranga Group, and Ultrapar entered into, and Petrobras and Braskem acknowledged, the Ipiranga Group SPA with the Key Shareholders of the principal companies comprising the Ipiranga Group.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">After the completion of the acquisition of Ipiranga Group, its businesses were divided among Petrobras, Ultrapar and Braskem. Ultrapar retained the fuel and lubricant distribution businesses located in the South and Southeast regions of Brazil and a one-third stake in RPR; Petrobras received the fuel and lubricant distribution businesses located in the North, Northeast and Midwest regions of Brazil; Petrobras and Braskem received the Petrochemical Business, in the proportion of 60% for Braskem and 40% for Petrobras. For a more detailed discussion of the acquisition of Ipiranga Group, see our Form F-4 filed with the Commission on December&#160;17, 2007. </span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Following the acquisition, Ultrapar, which was already Brazil&#8217;s largest LPG distributor, became the second largest fuel distributor in the country, with a 14% market share in 2007, according to ANP. </span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In 2008, Ipiranga entered into a sale and purchase agreement with Chevron for the acquisition of 100% of the shares of CBL and Galena. The combination with Texaco created a nationwide fuel distribution business, strengthening its competitiveness through a larger operational scale. After completion of the acquisition, Ipiranga implemented its business plan, which consisted of two main work streams (i)&#160;the integration of operations, administrative and financial functions of Texaco, and (ii)&#160;the implementation of Ipiranga&#8217;s business model in the expanded network, with a wider range of products and services and a differentiated approach to its resellers. By the end of 2012, Ipiranga had also converted all the acquired Texaco branded stations into the Ipiranga brand.</span></p>
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<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In 2009, a capital increase of R$15&#160;million was approved at an extraordinary general shareholders&#8217; meeting of RPR through the issuance of 15&#160;million new common and preferred shares and the admission of new shareholders in its capital stock, as part of the acquisition of the Ipiranga Group. As a result, RPR ceased to be a wholly owned subsidiary of Ultrapar. Ultrapar retains a non-controlling equity interest of 33% in RPR. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In 2010, Ipiranga acquired 100% of the shares of DNP. DNP distributed fuels in the states of Amazonas, Rond&#244;nia, Roraima, Acre, Par&#225; and Mato Grosso through a network of 110 service stations, with 4% market share in 2009 in the North of Brazil. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In 2012, Ipiranga entered the segment of electronic payment for tolls, parking and fuels through ConectCar. ConectCar fits into Ipiranga&#8217;s strategy of differentiation, offering more products and services in its service station network focused on convenience and practicality, generating benefits for its clients, retailers and for the company itself. In 2015, Redecard S.A. acquired 50% of ConectCar from a former partner. This new partner provided opportunities to ConectCar expand its services to new markets, continuing with its purpose of offering customers mobility, convenience, flexibility and, above all, differentiated benefits. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In 2016, Ipiranga entered into an association agreement with Chevron to create a new company in the lubricants business, Iconic; of which Ipiranga and Chevron hold 56% and 44%, respectively. Operations commenced on December&#160;1, 2017. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In March 2019, Ipiranga was awarded the concession of specific areas in Cabedelo (PB) and Vit&#243;ria (ES) through the consortia Nordeste and Navegantes, in which Ipiranga holds one third of the total participation, together with BR and Ra&#237;zen. The concessions require the consortia to build and operate a minimum storage capacity for the Nordeste consortium of 64&#160;thousand cubic meters and initial operations are expected to start in 2021, while the minimum storage capacity of the Navegantes consortium is 66&#160;thousand cubic meters, with initial operation currently expected during 2022. In April 2019, Ipiranga won two concessions in the port of Miramar, in Bel&#233;m (PA): (i) area BEL02A, through a consortium 50% owned by Ipiranga and 50% owned by Ra&#237;zen, with a minimum storage capacity of 41&#160;thousand cubic meters, and (ii)&#160;area BEL04A, which is currently operated by Ipiranga, therefore maintaining its operation in the region, with minimum storage capacity of 23&#160;thousand cubic meters. These were strategic moves for Ipiranga, which improves logistics efficiency of fuels distribution through its own storage capacity and contributes to better quality services in the respective regions. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">On June 25, 2021, Ultrapar entered into a share purchase and sale agreement for the sale of its equity interest in ConectCar, through its subsidiary Ipiranga, to Porto Seguro, through its subsidiary Portoseg S.A. The sale was completed on October 1, 2021, for R$165 million, with the transfer of the equity interest equivalent to 50% of ConectCar&#8217;s shares.</span></p>
<p style="margin: 10pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Ipiranga&#8217;s AmPm stores</span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> The first AmPm stores in Brazil were established in 1993 at the Atlantic&#8217;s gas stations, whose national operation was acquired by Ipiranga in that same year. In 2012, Ipiranga acquired the AmPm brand and its right of use in Brazil.&#160;</span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In 2008, Ipiranga started its first AmPm bakery operation. As of December 31, 2021, we had 842 bakeries operating within Ipiranga&#8217;s AmPm stores.</span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Since 2013, AmPm has its own supply structure (&#8220;AmPm Suprimentos&#8221;), which has four distribution centers in the states of Rio de Janeiro, S&#227;o Paulo, Rio Grande do Sul and Paran&#225;. This initiative aims to streamline AmPm operations, improve the franchisees&#8217; competitiveness and ensure a higher quality product assortment, creating value for clients and franchisees. At the end of 2021, our distribution centers served approximately 1,500 stores, providing about 56% of their stock-keeping units (&#8220;SKUs&#8221;).</span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In 2019, AmPm was separated from Ipiranga, in order to strengthen its network, promote greater agility and increase the company&#8217;s profitability. AmPm follows Ipiranga&#8217;s complete service station strategy, but with a totally separate organizational structure, which includes a management team fully dedicated to AmPm, the implementation of specialized retail systems, the internalization of key business processes and an exclusive advisory board for AmPm.</span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Also in 2019, AmPm started its company-operated stores, which serves as a laboratory for the continuous development of the franchise model, acting as a reference of operational excellence for franchisees, increasing their engagement to the business and ensuring the application of operational standards established by the franchisor. In December 2021, AmPm had 206 company-operated stores.</span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In 2020, AmPm promoted a significant transformation in the concept of its physical stores in order to make them more suitable for our new omnichannel model. Consequently, we also removed the AmPm brand from stores that, either for structural or operational reasons, were no longer suitable for this new concept.</span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In 2020, AmPm launched its new store concept, which allows the consumer to have a more fluid experience at the stores, focusing on food service. The new concept provides consumers with a more intuitive and intelligent shopping experience in a nicer and cozier environment. Our new model has a comprehensive digital services package which is offered on the main marketplaces in Brazil, in the delivery applications, abastece a&#237; and WhatsApp, and in other company-operated stores solutions. In December 2021, AmPm had 162 stores using our new concept, of which 79 are company-operated stores and 83 are franchises.&#160;</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">AmPm is part of Ipiranga's complete service station strategy, which brings together all synergistic businesses. abastece a&#237; is a key part of this process generating flow to the store and giving benefits to the consumer, in points of the Km de Vantagens or cashback through its digital wallet.&#160;</span></p>
<p style="margin: 5pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; font-style: italic;">abastece a&#237;</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In July 2020, Ultrapar announced the creation of a business in the digital payment segment, combining the abastece a&#237; app and the loyalty program Km de Vantagens. The application also offers discounts and cashback at a growing network of retail partners. This initiative is designed to accelerate the value creation of these platforms and the expansion of the services provided, with the potential for creating a digital ecosystem of sizeable proportions and capillarity. In 2021, approximately two million digital accounts have been created.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">As a result of this initiative, the abastece a&#237; app and the Km de Vantagens program became a subsidiary of the Ultra Group, that operates under the brand abastece a&#237;.</span></p>
<p style="margin: 12pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">A.2. </span><span style="font-weight: bold;">Discontinued Operations</span></span></p>
<p style="margin: 5pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Oxiteno </span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">We were one of the pioneers in developing the Brazilian petrochemicals industry with the creation of Oxiteno in 1970, whose first plant was located in the Mau&#225; petrochemical complex in S&#227;o Paulo metropolitan area. In 1974, Oxiteno inaugurated its second industrial unit, in the Cama&#231;ari petrochemical complex in Bahia. In 1986, Oxiteno established its own research and development center in order to respond to specific customer needs. In 2002, Oxiteno completed a tender offer for the acquisition of the shares of its subsidiary Oxiteno Nordeste, through the acquisition of approximately 73.3% of the shares held by minority shareholders. Oxiteno increased its share ownership in Oxiteno Nordeste from 97% to 98.9%. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In 2003, we concluded the acquisition of Canamex, later renamed Oxiteno Mexico, a Mexican specialty chemicals company. In 2004, we acquired the operational assets of Rhodia Especialidades S.A. de C.V. in Mexico. Both acquisitions had the target of establishing a stronger presence in the Mexican petrochemical market and to create a production and distribution platform to serve the United States market. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In 2007, Oxiteno acquired Arch Qu&#237;mica Andina, C.A., at such time, the sole producer of ethoxylates in Venezuela, which had been the only ethylene oxide producing country in Latin America where Oxiteno did not have operations. The company was later renamed Oxiteno Andina. In October 2019, Oxiteno Andina was sold to a buyer in Venezuela, motivated by the operational and economic environment in the country. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In 2012, Oxiteno acquired a specialty chemicals plant in the United States. The plant is located in Pasadena, Texas, one of the most important chemical hubs in the world, benefiting from attractive feedstock conditions, including competitive natural gas-based raw materials, and highly efficient logistics infrastructure. In September 2018, Oxiteno completed the construction of the new alkoxylation unit in the same site in Texas, US. The unit expanded Oxiteno&#8217;s footprint in the United States, focusing on local markets of agrochemicals, personal care, household and industrial cleaning, coatings and oil and gas. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In 2012, Oxiteno acquired American Chemical I.C.S.A. (currently Oxiteno Uruguay), a Uruguayan specialty chemicals company. Oxiteno Uruguay&#8217;s production capacity is 81&#160;thousand tons per year, particularly sulfonate and sulfate surfactants for the home and personal care industries. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">As of December 2019, Oxiteno Nordeste was merged into Oxiteno. All activities of Oxiteno Nordeste were assumed by Oxiteno.</span></p>
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<p style="margin: 12pt 0pt; page-break-after: avoid; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Oxiteno continued the expansion of its international activities, initiated in 2003 with the opening of commercial offices outside Brazil. In 2006, Oxiteno opened its first commercial office outside Brazil, in Buenos Aires, Argentina &#8211; Oxiteno Argentina S.R.L. In 2008, Oxiteno inaugurated its first sales office in Europe and the third outside Brazil in Brussels, Belgium, as part of Oxiteno&#8217;s internationalization strategy. In 2012, Oxiteno opened a commercial office in Shanghai, China &#8211; Oxiteno Shanghai Trading LTD. </span></p>
<p style="margin: 12pt 0pt; page-break-after: avoid; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">On August 16, 2021, the Company announced the signing of a share purchase agreement for the sale of all shares of Oxiteno to Indorama Ventures PLC. On March 7, 2022, CADE approved the transaction without restrictions. On April 1, 2022, the transaction closed.&#160;The initial payment of US$1,150 million (equivalent to R$5,449.6 million) &#185;, adjusted by the variations in working capital and net debt position of US$176 million (equivalent to R$834,0 million)&#160;&#185;, resulted in the total initial payment of US$1,326 (equivalent to R$6,283.6 million) &#185;, which was settled on April 1, 2022. This amount is still subject to final working capital and net debt adjustments. The final payment of US$150 million (equivalent to R$710.8 million)&#160;&#185;, will be settled in April 2024.&#160;Oxiteno was controlled by the Company, which held a 100% interest in the Company.</span></p>
<p style="background-color: #ffffff; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt;">&#185;&#160;As of the closing date of the transaction, the amount converted into Reais using the exchange rate of US$1.00 to R$4.74, which implies a closing value of R$6,283.6 million for the initial payment.</span></p>
<p style="margin: 5pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; font-style: italic;">Extrafarma </span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Benefitting from almost 60 years of activity in the wholesale and retail of pharmaceutical products, Extrafarma is a leading drugstore chain in the main regions in which it operates. In 2013, Ultrapar and the former shareholders of Extrafarma entered into an association agreement with Extrafarma, one of Brazil&#8217;s top ten drugstores&#8217; chains, marking our entry in the retail pharmacy business. According to the terms of the agreement, Ultrapar and Extrafarma entered into a merger of shares, pursuant to which Ultrapar acquired 100% of the shares of Extrafarma in exchange for up to 2.9% of shares issued by Ultrapar to Extrafarma&#8217;s shareholders. Extrafarma became a wholly owned subsidiary of Ultrapar from February 1, 2014 onwards. The total consideration of the Extrafarma transaction consisted of the issuance of up to 32,056,262 shares of Ultrapar and the assumption by Ultrapar of Extrafarma&#8217;s net debt of R$106&#160;million as of December&#160;31, 2012. </span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultrapar received from the former seven shareholders of Extrafarma all of the shares of Extrafarma in exchange for 24,042,200 newly issued shares of Ultrapar, in accordance with Art. 252 of the Brazilian Corporate Law, increasing our issued share capital to 1,112,810,192 shares. In addition, as a mechanism for possible adjustments related to contingencies whose triggering events occurred prior to the closing of the transaction, we issued subscription warrants to the former Extrafarma shareholders that, if exercised, could potentially lead to the issuance of up to 8,014,062 shares, subject to adjustment based on numerous factors. Of the total possible shares that could be issued to the former Extrafarma shareholders upon exercise of the subscription warrants, they could receive up to 6,411,244 shares of Ultrapar based on absence of indemnification obligations. </span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In February 2022, August 2021, February 2021, August 2020 and February 2020, the subscription warrants were partially exercised, with an issuance of 43,925, 31,032, 70,939, 86,978 and 2,108,542 common shares, respectively, to former Extrafarma shareholders. Therefore, as of the date of this annual report, the exercise of the remaining subscription warrants by the former Extrafarma shareholders could potentially lead to the issuance of up to 3,474,269 additional shares of Ultrapar. The number of shares were adjusted to reflect the stock split issued by the Company on April&#160;10, 2019.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 12pt 0pt 0pt; text-indent: 24.5pt;">On May 18, 2021, Ultrapar entered into a share purchase and sale agreement for the sale of all of its shares in Extrafarma to Pague Menos. The total sale price of R$700 million is subject to adjustments due mainly to changes in working capital and Extrafarma&#8217;s net debt on the closing date of the transaction. The payment of the transaction will be carried out in three installments, 50% on the closing date and 25% on each of the first and the second closing date anniversaries. The completion of this transaction is subject to usual conditions precedent in such deals, including the approval by CADE. We expect this transaction to be closed during 2022.&#160;<span style="font-family: 'times new roman', times; font-size: 10pt;"> For more information, see &#8220;&#8212;Recent Developments&#8212;Investitures and Divestitures.&#8221; </span></span></p>
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<p style="margin: 5pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; font-style: italic;">Corporate events </span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">On October&#160;6, 1999, we concluded our initial public offering, listing our shares simultaneously on B3 and NYSE. In 2000, Ultra S.A.&#8217;s shareholders signed an agreement, assuring equal treatment of all shareholders (holders of both common and/or preferred shares) in the event of any change in control &#8211; tag along rights. The agreement determined that any transfer of control of Ultrapar, either directly or indirectly, would only be executed in conjunction with a public offer by the acquiring entity to purchase the shares of all shareholders in the same proportion and under the same price and payment terms as those offered to the controlling shareholders. In December 2002, we completed a corporate restructuring process that had begun in October 2002. The effects of the corporate restructuring were (i)&#160;the merger of Gip&#243;ia Ltda., a company which held a 23% direct stake in Ultragaz and was owned by Ultra S.A., into Ultrapar, increasing our ownership in Ultragaz to 99.6% and (ii)&#160;the exchange of shares issued by Oxiteno for shares issued by Ultrapar.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In January 2008, Ultrapar significantly increased the liquidity of its shares through the issuance of 55&#160;million preferred shares, as a consequence of the Share Exchange. The Share Exchange increased Ultrapar&#8217;s free float from 32&#160;million shares to 87&#160;million shares, with the free float reaching 64% of the Company&#8217;s total capital. The significant increase in the size of the free float helped Ultrapar to become part of Ibovespa, one of B3 index.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In April 2011, our Board of Directors approved the submission to our shareholders of a proposal to (a)&#160;convert any and all shares of preferred stock issued by the Company into common shares, on a 1:1 conversion ratio; (b)&#160;amend the Company&#8217;s bylaws, modifying several of its provisions, aiming to strengthen the Company&#8217;s corporate governance; and (c)&#160;adhere to the Novo Mercado segment rules. Our shareholders approved all the proposals and, in August 2011, Ultrapar&#8217;s shares began trading on the Novo Mercado under ticker symbol UGPA3. Simultaneously, Ultrapar&#8217;s ADSs, formerly represented by preferred shares, began representing Ultrapar&#8217;s common shares and began trading on the NYSE under this new format.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In April 2019, the Company&#8217;s Extraordinary and Annual General Meeting approved a stock split of Ultrapar&#8217;s common shares, whereby one existing share now represents two shares of the same class and type. The stock split did not alter Ultrapar&#8217;s total share capital and was effective on April&#160;24, 2019.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">During 2019, we created a Shared Services Center to centralize certain activities that were previously executed by our holding company operations and to include new activities that were previously executed by our businesses. This Shared Services Center, located in the city of Campinas (SP), started operating in January 2020 to deliver high quality services (with service level agreements) to the businesses while reducing the costs of our back-office activities and allowing our businesses to focus on their core activities.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In March 2020, we announced the creation of Ultra Venture Capital. Ultrapar intends to invest up to R$150&#160;million in start-ups, to be called over a 5-year period. We believe that Ultra Venture Capital will help us to have greater access to innovative and disruptive technologies, as well as entrepreneurial mindset and talent, among other benefits.</span></p>
<p style="margin: 12pt 0pt 5pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In August 2020, Ultra S.A. and Parth entered into the 2020 Shareholders&#8217; Agreement to include P&#225;tria, in its capacity as Ultra S.A.'s shareholder then holding a 20% stake in Ultra S.A.'s capital stock, as consenting intervening party, therefore bound by the provisions of the 2020 Shareholders' Agreement. The 2020 Shareholders&#8217; Agreement replaced the 2018 Shareholders&#8217; Agreement in its entirety, and the terms and conditions remain substantially the same of the latter. On September 28, 2021, Ultra S.A. informed the Company that Mr. Marcos Marinho Lutz, our Chief Executive Officer, became a shareholder of Ultra S.A., holding 2.4% of its capital stock, and also became a consenting intervening party of the 2020 Shareholders&#8217; Agreement. As of December 31, 2021, the 2020 Shareholders&#8217; Agreement binded a total of shares representing 34.7% of the Company&#8217;s capital stock. The agreement aims to reinforce the principles that have been governing the actions of Ultra S.A. and Parth, in their capacity of Ultrapar&#8217;s shareholders, and to allow the Company to be managed in a professional and independent manner. See &#8220;Item 7.A. Major Shareholders and Related Party Transactions&#8212;Major Shareholders&#8212;Shareholders&#8217; Agreements.&#8221;</span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The COVID-19 pandemic has had a material impact on business around the world. The implemented measures of social isolation, restrictions on the movement of people and the operation of certain businesses due to the COVID-19 pandemic affected economic activity in Brazil over the last two years; however, these negative impacts have been mitigated as local governments gradually lift such restrictions in response to the increase in COVID-19 vaccinations. No significant effects were observed on the operations of the Company and its subsidiaries in the year ended December 31, 2021 as a result of the COVID-19 pandemic. See &#8220;Item 3.D. Key Information&#8212;Risk Factors&#8212;Risks Relating to Ultrapar and Its Industries&#8212; Our businesses may be materially and adversely affected by the outbreak of communicable diseases, such as the ongoing COVID-19 pandemic, or other epidemics or pandemics&#8221;, and other risk factors included herein and &#8220;Item 5.D. Operating and Financial Review and Prospects&#8212;Trend Information&#8221; below.&#160;&#160;</span><span style="font-family: 'times new roman', times; font-size: 10pt;"><br/></span></p>
<p style="margin: 10pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold; font-style: italic;">Company Management</span><span style="font-weight: bold;"> </span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In June 2017, Ultrapar announced changes to its executive officers approved by its Board of Directors. As of October 2017, Frederico Curado replaced Thilo Mannhardt and assumed the position of Chief Executive Officer. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">As part of a planned succession process, consistent with the Company&#8217;s governance, in May 2018, Paulo Guilherme Aguiar Cunha, after more than four decades of contributions, resigned as Chairman of the Board of Directors and Pedro Wongtschowski, Vice-Chairman of the Board of Directors and Chief Executive Officer of Ultrapar between 2007 and 2012, was elected Chairman. Mr.&#160;Lucio de Castro Andrade Filho, who joined the Company in 1977 and has been a member of the Board of Directors since 1998, was elected for the position of Vice-Chairman of the Board of Directors. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Other important succession movements took place at the senior management level, with the appointment of Rodrigo de Almeida Pizzinatto, Tabajara Bertelli Costa, Marcelo Pereira Malta de Ara&#250;jo and D&#233;cio de Sampaio Amaral as Chief Executive Officers of Extrafarma, Ultragaz, Ipiranga and Ultracargo, respectively, equally aligned to a planned succession process which blended internal promotions with the attraction of external talents. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In September 2020, the Board of Directors elected Rodrigo Pizzinatto, Chief Executive Officer of Extrafarma at that time, as our Chief Financial and Investor Relations Officer, after the resignation of Andr&#233; Pires de Oliveira Dias. In October 2020, Marcelo Bazzali was nominated as Chief Executive Officer of Extrafarma.&#160;</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In September 2021, Ultrapar announced the succession plan of the leadership of its Board of Directors, developed under the leadership of the current Chairman, Pedro Wongtschowski, whose mandate will end in April 2023. To succeed him at the end of his term of office, the Board of Directors decided upon the preparation of Marcos Marinho Lutz to potentially recommend him for the Chairman position. As part of this process, Marcos Lutz assumed the position of Chief Executive Officer of Ultrapar in January 2022, a position he is expected to hold until April 2023. Additionally, Frederico Pinheiro Fleury Curado, our Chief Executive Officer from 2017 to 2021, was elected to the position of Vice-Chairman of the Board of Directors, succeeding Lucio de Castro Andrade Filho, who retired at the end of 2021 after 45 years of dedication to the Company.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Also in September 2021, the Board of Directors approved the election of Leonardo Remi&#227;o Linden as Chief Executive Officer of Ipiranga and the election of Marcelo Pereira Malta de Ara&#250;jo as Chief Corporate Development &amp; Advocacy Officer of Ultrapar to be responsible for Sustainability, Institutional Relations, Communications, Legal, Compliance, Risks and Internal Audit of Ultrapar. Both changes took place in October 2021.</span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In April 2022, the members of the Board of Directors took note that, as a result of the transfer of all shares issued by Oxiteno S.A. Ind&#250;stria e Com&#233;rcio to Indorama Ventures PLC., Mr. Jo&#227;o Benjamin Parolin submitted a letter of resignation from his position as director of Ultrapar. The Board of Directors decided to keep this position vacant.</span></p>
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<p style="margin: 12pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; font-style: italic;">Ultracargo&#8212;Fire at storage facilities in Santos </span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In 2015, a fire occurred in six ethanol and gasoline tanks operated by Ultracargo in Santos, which represented 4% of the subsidiary&#8217;s overall capacity as of December&#160;31, 2014. The Civil and Federal Polices investigated the accident and its impacts, and concluded that it was not possible to determine the cause of the accident or to individualize active or passive conduct related to the cause, and there was no criminal charge against either any individual or Ultracargo, by either authority. Notwithstanding, on February&#160;21, 2018, the Federal Criminal Court of Santos accepted a criminal indictment filed by the Federal Public Prosecutor&#8217;s Office against Ultracargo Log&#237;stica (formerly Tequimar), which has already presented its defense against these charges, after being summoned in June 2018. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In 2017, Ultracargo obtained the licensing required for the return to operation of 67.5&#160;thousand cubic meters of the total of 151.5&#160;thousand cubic meters affected by the fire. The remaining tanks (84&#160;thousand cubic meters) resumed operations between July and September 2019. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In 2019, Ultracargo signed a partial Conduct Adjustment Agreement (&#8220;TAC&#8221;) with the Federal Public Prosecutor&#8217;s Office and the State Public Prosecutor&#8217;s Office in the amount of R$67.5&#160;million for the implementation of actions to offset the impacts caused to the Santos estuary following the fire at the Ultracargo terminal in 2015. Such amount was already paid in full by Ultrapar. Negotiations of indemnification for other alleged environmental damages are still in progress with the Federal Public Prosecutor&#8217;s Office and the State Public Prosecutor&#8217;s Office and, once finalized, Ultracargo may need to make future disbursements that are not currently provisioned, which may adversely affect our results of operations.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In addition, Ultracargo agreed to a deferred prosecution agreement on September&#160;12, 2019. Pursuant to the terms of the deferred prosecution agreement, the prosecution by the 5th Federal Criminal Court of Santos was initially suspended until September 2021 and Ultracargo agreed to an additional compensation of R$13&#160;million to a social project in Santos. Considering that Ultracargo complied with the obligations assumed in the TAC, at the end of the suspension period, Ultracargo requested the criminal proceeding to be closed by the court. This request is currently pending.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Therefore, the measures pursuant to an agreement signed between Ultracargo and the Public Prosecutor&#180;s Office in relation to certain alleged environmental damages are in the process of being implemented.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">As a result of the evolution of the regulation process with insurers, as of December&#160;31, 2016, the Company recorded insurance receivables in the amount of R$366.7&#160;million and indemnities to customers and third parties in the amount of R$99.9&#160;million in its balance sheet. In the first quarter of 2017, Ultracargo received the full amount from the insurers. On February 4, 2021, the subsidiary paid the remaining balance related to the TAC, without pending and/or additional financial obligation arising from such commitment assumed. As of December 31, 2021, there were contingent liabilities not recognized related to lawsuits in the amount of R$2.0 million (R$4.4 million as of December 31, 2020). Between December 31, 2020 and December 31, 2021, there were no extrajudicial claims.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">See &#8220;Item 8.A. Financial Information&#8212;Consolidated Statements and Other Financial Information&#8212;Legal Proceedings.&#8221;</span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; font-style: italic;">Issuance of debentures</span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In September 2021, the subsidiary Ipiranga completed its tenth issuance of unsecured, simple, nonconvertible, nominative, book-entry debentures in the amount of R$960&#160;million, in a single series. The debentures were subscribed by Vert Companhia Securitizadora with the purpose of backing the issuance of Certificates of Agribusiness Receivables, or CRA. The proceeds from this issuance were used exclusively for the purchase of ethanol by Ipiranga. The debentures bear semiannual interest of IPCA + 4.8287%. The issuer hedged its exposure by changing the debentures charges linked to IPCA to 102.75% of DI.</span></p>
<p style="margin: 5pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">On March 26, 2021, our subsidiary Ultracargo Log&#237;stica completed its second issuance of R$100 million nonconvertible unsecured debentures due on March 15, 2028. The debentures bear semiannual interest of IPCA plus 4.37%. The issuer hedged its exposure by changing the debentures fixed rate linked to IPCA to 111.4% of DI.</span></p>
<p style="margin: 5pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">On March 19, 2021, our subsidiary Tequimar Vila do Conde Log&#237;stica Portu&#225;ria S.A. completed its first issuance of R$360 million nonconvertible unsecured debentures due on March 15, 2028. The debentures bear semiannual interest of IPCA plus 4.04%. The issuer hedged its exposure by changing the debentures fixed rate linked to IPCA to 111.4% of DI.</span></p>
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<p style="margin: 6pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; font-style: italic;">Port concessions</span></p>
<p style="margin: 6pt 0pt 5pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">On April&#160;9, 2021, Ultracargo was awarded the concession of IQI13 area in the Itaqui port, state of Maranh&#227;o, for storage and handling of liquid bulk products, especially fuels. The minimum installed capacity will be 79&#160;thousand cubic meters. The area will be operated by Ultracargo for at least 20&#160;years, according to the auction notice. The estimated investments regarding this port concession are approximately R$310&#160;million, to be disbursed throughout the next six&#160;years.</span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; font-style: italic;">Recent Developments </span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;"><span style="font-weight: bold;">Tender offer to purchase notes</span></span></p>
<p style="margin: 6pt 0cm 0cm; text-indent: 24.4pt; line-height: normal; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size: 10.0pt; font-family: 'Times New Roman',serif; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US;">On April 7, 2022, the subsidiary Ultrapar International commenced cash tender offers to purchase in the international market (i) up to the totality of the 5.250% notes due in 2026 and (ii) up to the Maximum Acceptance Amount of the 5.250% notes due in 2029, both issued by Ultrapar International and outstanding in the international market. The tender offers were subject to a maximum aggregate tender amount of US$550,003,000.00, which could be increased to up to US$600,000,000.00 at the sole discretion of Ultrapar International, consisting of the total amount to be spent by Ultrapar International in the purchase of the outstanding notes. The 2029 notes tender offer was also subject to a maximum acceptance amount corresponding to the difference between the maximum aggregate tender amount and the aggregate principal amount of the 2026 notes tendered and accepted for purchase (the &#8220;Maximum Acceptance Amount&#8221;).</span></p>
<p style="margin: 6pt 0cm 0cm; text-indent: 24.4pt; line-height: normal; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size: 10.0pt; font-family: 'Times New Roman',serif; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US;">As a result of the cash tender offers, Ultrapar International received valid offers for the purchase of 2026 and 2029 notes in the aggregate principal amount of US$114,329,000.00 and US$606,106,000.00, respectively. In view of this, it was decided to exercise their right to increase the initial aggregate tender amount to up to US$599,996,000.00, which was used to purchase (i) all of the 2026 tendered notes and (ii) the equivalent to the aggregate principal amount of US$485,667,000.00 of the 2029 tendered notes, representing 20.79% and 57.14% of the 2026 and 2029 outstanding notes, respectively. The purchase of the 2026 notes was settled on April 14 and 18, 2022, while the purchase of the 2029 notes was settled on April 27, 2022.</span></p>
<p style="margin: 6pt 0cm 0cm; text-indent: 24.4pt; line-height: normal; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size: 10.0pt; line-height: 107%; font-family: 'Times New Roman',serif; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA;">For more information, see &#8220;Item 5.B. Operating and Financial Review and Prospects&#8212;Liquidity and Capital Resources&#8212;Notes in the Foreign Market."</span> <br/></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; font-style: italic;">Issuance of common shares </span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">On February 23, 2022, August 11, 2021 and February&#160;24, 2021, our Board of Directors approved the issuance of 43,925, 31,032 and 70,939 common shares, respectively, within the limits of the authorized capital stock pursuant to Article 6 of the Company&#8217;s Bylaws, due to the partial exercise of the subscription warrants issued by the Company to the former Extrafarma shareholders in connection with the merger of shares of Extrafarma in 2014. As of the date of this annual report, the Company&#8217;s capital stock is represented by 1,115,151,608 common shares, all of them nominative and with no par value.</span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;"><span style="font-weight: bold;">Investments</span><span style="font-weight: bold;"> and divestitures</span></span></p>
<p style="margin: 6pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span>On June 25, 2021, Ultrapar entered into a share purchase and sale agreement for the sale of its equity interest in ConectCar, through its subsidiary Ipiranga, to Porto Seguro, through its subsidiary Portoseg S.A. The sale was completed on October 1, 2021, for R$165 million, with the transfer of the equity interest equivalent to 50% of ConectCar&#8217;s shares. As a result, ConectCar is no longer part of Ultrapar&#8217;s operations.</span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In August 2021, Ultrapar entered into a share purchase and sale agreement for the sale of all shares of Oxiteno to Indorama. On April 1, 2022, the transaction closed. As a result, Oxiteno is no longer part of Ultrapar&#8217;s operations as of the date of this annual report. For more information, see &#8220;Item 4.A. Information on the Company&#8212;History and Development of the Company&#8212;A.2. Discontinued Operations&#8212;Oxiteno.&#8221;</span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Additionally, on May 18, 2021, Ultrapar entered into a share purchase and sale agreement for the sale of all shares of Extrafarma to Pague Menos. The completion of this transaction is subject to usual conditions precedent in such deals, including the approval by CADE. <span style="font-size: 10pt; line-height: 107%; font-family: Calibri, sans-serif; margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">On May 7, 2022, CADE&#8217;s General Superintendent&#8217;s Office recommended the approval of the transaction, contingent on the execution of a Merger Control Agreement (&#8220;<i>Acordo em Controle de Concentra&#231;&#245;es</i>&#8221;) between Pague Menos and CADE, whereby Pague Menos shall undertake certain remedial measures to mitigate potential competitive issues arising out of the transaction. The recommendation made by the General&#8217;s Superintendent&#8217;s Office is now subject to CADE&#8217;s Tribunal review, which shall issue a final decision on the matter.</span> </span> For more information, see &#8220;Item 4.A. Information on the Company&#8212;History and Development of the Company&#8212;A.2. Discontinued Operations&#8212;Extrafarma.&#8221;</span></p>
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<p style="margin: 5pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">B.</span><span style="font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-weight: bold;">Business Overview </span></span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultrapar is a Brazilian company with its origins in 1937 when Ernesto Igel founded Ultragaz. Since then, Ultrapar has grown and expanded to new markets, becoming one of the largest corporate groups in Brazil. As of December 31, 2021, Ultrapar owned the following main businesses: Ipiranga, Ultragaz and Ultracargo (energy and infrastructure), abastece a&#237; (digital payments), Oxiteno (specialty chemicals) and Extrafarma (retail pharmacy), the last two of which are classified as discontinued operations. The sale of Oxiteno was closed on April 1, 2022 and we expect to conclude the sale of Extrafarma during 2022. For more information on our continued and discontinued operations, please see "Item 4.A. History and Development of the Company &#8212;A.1. Continuing Operations&#8221; and &#8220;&#8212;A.2. Discontinued Operations.&#8221;</span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The following chart simplifies our organizational structure as of the date of this annual report, showing our main business without Oxiteno. For more information about the Oxiteno&#8217;s sale, see "Item 4.A. History and Development of the Company &#8212;A.2. Discontinued Operations&#8212;Oxiteno.&#8221; For more detailed information about our current organizational structure, see &#8220;Item 4.C. Information on the Company&#8212;Organizational Structure.&#8221;</span></p>
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<p style="margin: 12pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Our Strengths </span></p>
<p style="margin: 6pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; font-style: italic;">Relevant market positions across our main businesses</span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultragaz is one of the largest LPG distributors in Brazil. In 2021, Ultragaz&#8217;s market share was 23.1%, according to ANP, and served approximately 11&#160;million households in the bottled segment through a network of approximately 5.6 thousand independent retailers and 58&#160;thousand customers in the bulk segment. For the year ended December&#160;31, 2021, Ultragaz&#8217;s total volume of LPG sold was 1.7&#160;million tons.</span></p>
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<p style="margin: 6pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultracargo is the largest private company in the liquid bulk storage industry in Brazil, according to ABTL latest volume releases, with seven terminals and total storage capacity of 983&#160;thousand cubic meters in 2021, providing it with leading positions in the main ports in Brazil in which it operates.&#160;&#160;</span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ipiranga is one of the largest fuel distributors in Brazil with a 18.4% market share in 2021, according to ANP, and a network of 7,104 service stations as of December&#160;31, 2021. In addition to the service stations, Ipiranga&#8217;s network has 1,841 AmPm convenience stores and 1,149 Jet Oil franchises. In 2021, Ipiranga&#8217;s strategy was focused on strengthening its resale operations and increasing its performance. The implementation of Ipiranga&#8217;s business model &#8212; including its network of convenience stores and loyalty programs &#8212; in its network of service stations allows it to offer a wide range of products and services, benefiting consumers and resellers. The volume of fuel sold (ethanol, gasoline and diesel) by Ipiranga in 2021 was 21.8&#160;million cubic meters.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Created in July 2020, abastece a&#237; has already reached more than 4 million digital accounts. The application relies on the strength of Km de Vantagens, one of the largest loyalty programs in Brazil, with 36 million participants. In 2021, more than 40 million digital payment transactions at the fuel service stations were carried out through the app, with a total payment volume 46% higher than in 2020, reaching the milestone of R$5.1 billion.</span></p>
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<p style="margin: 12pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; font-style: italic;">Robust and resilient business portfolio </span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Our operations encompass LPG and fuel distribution, and liquid bulk storage services. We believe our businesses provide us with increased financial capability and flexibility.</span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultrapar&#8217;s businesses are simultaneously resilient and leveraged on Brazilian economic growth. Some of Ultrapar&#8217;s businesses, such as the sale of LPG for residential use and fuels for light vehicles, are relatively resilient due to their inelastic demand profile and, therefore, are less volatile in economic downturns. Bottled LPG is an essential good, as it is mainly used for cooking, and, therefore, is generally less correlated to economic performance. Volume of fuels for light vehicles tends to grow linked to the number of light vehicles in Brazil. The Brazilian light vehicle fleet grew at rates ranging from 0.4% to 2.4%&#160;per year during the last five years, despite the volatility in the economic growth during this period.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">On the other hand, other businesses of Ultrapar, such as sales of diesel fuel and bulk LPG are linked to the economic performance and tend to experience higher sales volumes during periods of strong economic growth. Sales growth of these products have been historically correlated to the performance of the Brazilian economy.</span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; font-style: italic;">Highly efficient LPG distribution network</span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In April 1995, Ultragaz was the first player to introduce LPG small bulk delivery in Brazil, with lower distribution costs as compared to bottled distribution. Over the years, it has built a strong client base in this segment.</span></p>
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<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultragaz maintains an exclusive network of independent dealers, which has enabled it to control the quality and productivity of its dealers, leading to a recognition that we believe is associated with quality, safety and efficiency, and also to have frequent contact with LPG customers. This network constituted approximately 5.6 thousand resellers that sell Ultragaz LPG bottles as of December 31, 2021. </span></p>
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<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><span style="font-style: italic;">Efficiencies in retail network logistics in addition to resale management know-how</span> </span></p>
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<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; text-indent: 21.3pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">We believe that the expertise in logistics and resale management that we have gained at Ultragaz is complemented by Ipiranga&#8217;s know-how in the same areas, thus maximizing efficiency and profitability at both companies. </span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;"><span style="font-weight: bold;">Robust</span><span style="font-weight: bold;"> retail network </span></span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultrapar&#8217;s strategy for its retail operations is strongly focused on profitability and productivity through the expansion of Ipiranga&#8217;s logistics infrastructure coupled with differentiation and innovation initiatives. At Ipiranga, this focus has translated to the creation of new market niches through its reseller network characterized by customer service and convenience, thus contributing to high levels of customer loyalty. We believe these initiatives result in a better value proposition for customers and resellers, creating benefits for the whole chain &#8211; the client has access to differentiated, more convenient products and services; the reseller has a more attractive business; and the service station has a differentiated positioning, contributing to the evolution of the company&#8217;s results.</span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">AmPm is a relevant part of Ipiranga&#8217;s differentiation strategy to develop the complete service station strategy. AmPm is the eight largest franchise network in the country, according to the 2021 ranking of the Brazilian Franchising Association, or ABF, with 1,841 stores and a penetration of 26% in the total number of service stations as of December 31, 2021.</span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In 2019, AmPm was segregated from Ipiranga, in order to strengthen its network, promote greater agility and increase the company&#8217;s profitability. AmPm follows Ipiranga&#8217;s complete service station strategy, but with a totally separate organizational structure, which includes a management team fully dedicated to AmPm, the implementation of specialized retail systems, the internalization of key business processes and an exclusive advisory board for AmPm.</span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Also in 2019, we started our company-operated stores, which serves as a laboratory for the continuous development of the franchise model, acting as a reference of operational excellence for franchisees, increasing their engagement to the business and ensuring the application of operational standards established by the franchisor. In December 2021, AmPm had 206 company-operated stores. </span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In 2020, AmPm launched the new store concept, which allows the consumer to have a more fluid experience, focusing on food service with an expansion of the product mix of bakeries. This new concept provides consumers with a more intuitive and intelligent shopping journey in a nicer and cozier environment. Our new model has a comprehensive digital services package, which is offered on the main marketplaces in Brazil, in the delivery applications, abastece a&#237; and WhatsApp, and in other company-operated stores solutions. In December 2021, AmPm had 162 stores using our new concept, of which 79 are company-operated stores and 83 are franchises.</span></p>
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<p style="margin: 12pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; font-style: italic;">Distinguished positioning in the fuel distribution sector </span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">We believe that Ipiranga differentiates itself from its competition in the sector by having a more diverse array of products and services and thereby being a more convenient choice for customers. These services and products include convenience stores, lubricant-changing service shops, electronic payment, bakeries, loyalty program, Ipiranga-branded credit cards, and a set of initiatives that aim at enhancing customer&#8217;s convenience and loyalty. </span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; font-style: italic;">Cost-efficient operations </span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultragaz has significant market presence in densely populated areas, which allows it to operate its filling plants and distribution system with a high level of capacity utilization and efficiency with depth and capillarity. Ipiranga also has a significant market presence in the South and Southeast regions of Brazil, which allows it to operate its extensive network of primary and secondary storage terminals and its distribution system in a cost-efficient manner. Also, the increased scale of Ipiranga allowed improvements in efficiency and competitiveness in the distribution and sales processes, dilution of advertising, marketing and new product development expenses, and gains from economies of scale in administrative functions. Ultracargo is the largest independent liquid bulk storage company in Brazil and the only player in the liquid bulk storage sector present in the main major ports in the country. Such position provides Ultracargo with increased operational flexibility, operational efficiency and economies of scale. </span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; font-style: italic;">Strong corporate governance structure</span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">We are led by a strong and experienced management team with a proven track record in the LPG and fuel distribution, retail and specialized logistics industries. Our senior management team has on average 9 years of experience in the Company. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Our Board of Directors consist of 10 members. Since April 2019 our Board of Directors has been subject to an important renewal process that resulted in the election of seven new members. We believe these new members bring complementary expertise and experience for the discussions and decisions of our Board of Directors. All members of the Board of Directors have previous experience serving on boards of other large companies in Brazil such as Embraer S.A., Ita&#250; Unibanco Holding S.A., Lojas Renner S.A. among others. In September 2021, Ultrapar announced the succession plan for the position of Ultrapar&#8217;s Chairman of the Board of Directors. Marcos Lutz assumed the position of Chief Executive Officer of Ultrapar in January 2022, succeeding Frederico Curado, now Vice-Chairman of the Board of Directors, after Lucio de Castro Andrade Filho retired at the end of 2021. As part of the plan, Marcos Lutz will succeed Pedro Wongtschowski as Chairman of the Board of Directors as from April 2023.</span></p>
<p style="margin: 12pt 0pt 5pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Also, we strengthened our management structure and governance. In addition to the People Committee in place since 2011, we also set up a Strategy Committee in 2019 and restructured the Audit and Risks Committee in the same year, which since then is a permanent body with independent board members. </span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; font-style: italic;">Alignment of interests </span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Members of Ultrapar&#8217;s management receive variable short-term compensation linked to performance based on EBITDA and operating cash flow goals defined for each business and for Ultrapar, in addition to individual goals associated with the business' operational and commercial performance, the development of people, projects and other objectives, always in line with the strategic plan approved by the Board of Directors. The Economic Value Added (EVA<span style="vertical-align: super; font-size: 8pt;">&#174;</span>) continues to be our key metric for long-term compensation plan, in addition to our stock plan, through which the Company's executives are also shareholders of Ultrapar. </span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Moreover, Ultrapar has consistently implemented improvements in corporate governance, such as being the first Brazilian company to grant 100% tag along rights to all its shareholders, the segregation of the roles of Chief Executive Officer and Chairman of the Board of Directors and its emphasis on maintaining transparency and consistency in its interactions with investors. </span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In 2011, Ultrapar completed the implementation of a new corporate governance structure, further aligning our shareholders&#8217; interests by converting all preferred shares into common voting shares. The conversion resulted in all of our shares having identical voting rights, which allows our shareholders to actively participate in the decisions of shareholders&#8217; meetings, without (i)&#160;any limitations on voting rights, (ii)&#160;special treatment to current shareholders or (iii)&#160;mandatory public tender offers at a premium to market prices once a certain beneficial ownership threshold is achieved. </span><span style="font-size: 10pt;">&#160;</span></p>
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<p style="margin: 12pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; font-style: italic;">Strong operational track record </span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Our Company has exhibited a solid operational track record. Our net income attributable to shareholders of the Company presented an average compounded annual growth of 14% from 1998 to 2021, despite the overall macroeconomic volatility in Brazil and in the world during this same period. </span></p>
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<p style="margin: 9pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Our Strategies </span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;"><span style="font-weight: bold;">Streamline our Business Portfolio and further </span><span style="font-weight: bold;">invest in the</span><span style="font-weight: bold;"> </span><span style="font-weight: bold;">energy and infrastructure</span><span style="font-weight: bold;"> sectors</span><span style="font-weight: bold;"> </span><span style="font-weight: bold;">in Brazil</span></span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultrapar concentrated its portfolio on the energy and infrastructure sectors, through Ipiranga, Ultragaz and Ultracargo, in which it has a solid operational scale and structural competitive advantages, allowing for greater efficiency and value generation potential. The focus of the management and the reduction of leverage are additional benefits of the process.</span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In 2021, Ultrapar started to conduct a portfolio rationalization process and entered into share purchase and sale agreements for the sale of all of its shares in Extrafarma, ConectCar and Oxiteno. The sale of Ultrapar&#8217;s interest in ConectCar was concluded in October 2021 and the sale of all shares of Oxiteno was closed on April 1, 2022. The sale of all shares of Extrafarma is still subject to CADE&#8217;s approval. For more information, see "Item 4.A. Information on the Company&#8212;History and Development of the Company &#8212;A.2. Discontinued Operations&#8221;<span style="font-size: 10.0pt; line-height: 107%; font-family: 'Times New Roman',serif; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA;">&#160;and &#8220;Item 4.A. Information on the Company&#8212;History and Development of the Company&#8212;Recent Developments&#8212;Investitures and Divestitures.&#8221;</span> &#160;</span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; font-style: italic;">Build on the strength of our brands </span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">We believe that our businesses have a high brand recognition associated with quality, safety and efficiency that we continually strive to deliver. We intend to reinforce this market perception by continuing to supply high-quality products and services and to introduce new services and distribution channels.</span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;"><span style="font-weight: bold;">Invest in building a succession pipeline for key </span><span style="font-weight: bold;">leadership</span><span style="font-weight: bold;"> </span><span style="font-weight: bold;">positions </span></span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">We remain committed to building a pipeline of entrepreneurial leaders at Ultrapar as well as in our businesses. Through a combination of promoting internal talent, internal horizontal transfers and external hires, there has been a relevant renovation in senior management positions, covering all the senior management. These movements have been carried out in a gradual, planned and constructive manner. In the last years, we worked to strengthen our management structure and governance, consolidating the pillars supporting the growth and longevity of Ultrapar.&#160; &#160;</span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><span style="font-style: italic;">Maintain a strong relationship with our resellers in the LPG and fuel distribution businesses</span> </span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">We intend to preserve our strong relationship with dealers by keeping their distribution exclusivity and continuing to implement our differentiated incentive programs in Ultragaz and Ipiranga. We plan to continue to invest in training our dealers, in order to maximize efficiency, to further strengthen our relationship and to promote the high standards of our distribution network. In parallel, we plan to continue to increase our operational efficiency and productivity at Ultragaz and Ipiranga.</span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; font-style: italic;">Continuously improve cost and capital efficiency in the LPG and fuel distribution businesses </span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">We plan to continue investing in the cost and capital efficiency of our distribution systems. Current initiatives include enhanced discipline with respect to our capital allocations and other programs designed to control our costs in both the LPG and fuel distribution businesses units.&#160;&#160;</span></p>
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<p style="margin: 12pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">Increase investments in logistics infrastructure to sustain and expand our market share and efficiency in fuel distribution</span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Our strategy is to continue to invest in Ipiranga&#8217;s logistics infrastructure in order to expand our capillarity and strengthen our national footprint. Such investments aim to enhance our logistics efficiency of fuel distribution through increased proprietary storage capacity in strategic locations, contributing to improve service quality in the relevant regions. In addition, we aim to solidify our network in service stations with larger throughput (volume sold per station), therefore increasing the sales volume at Ipiranga.</span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">In March 2019, Ipiranga was awarded a concession of specific areas in Vit&#243;ria (ES) and Cabedelo (PB) through the special purpose vehicles Nordeste and Navegantes, in which Ipiranga holds one third of the total capital stock, together with BR Distribuidora and Ra&#237;zen. Also, in April 2019, Ipiranga was awarded two concessions in the port of Miramar, in Bel&#233;m (PA): (i) area BEL02A, through a consortium 50% owned by Ipiranga and 50% owned by Ra&#237;zen, and (ii) area BEL04A, which is currently operated by Ipiranga, therefore maintaining its operation in the region. For more information, see &#8220;Item 4.B. Information on the Company&#8212;Business Overview&#8212;Fuel Distribution&#8212;Ipiranga&#8212;Storage of fuels</span><span style="font-size: 10pt;">.&#8221;</span></span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">We expect that investing in logistics infrastructure and focusing our service stations network in higher throughput stations will allow us to sustain and even expand our market share in the fuel distribution market, as well as to reduce our operating costs and improve our productivity gains.&#160;</span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">Promote and benefit from the formalization of the fuel distribution market</span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">We plan to continue to collaborate with the competent authorities to promote improvements to legislation and to enhance regulatory enforcements in the fuel distribution sector as means of creating a level playing field in the market, increasing sales volume in the formal market and improving our gross margin, thus reducing the competitiveness of players which benefited from cost advantages derived from unfair practices.</span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">Invest in niche segments for LPG distribution </span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultragaz is strengthening its presence in the North and Northeast regions of Brazil by focusing on expanding to states where it previously did not have significant operations.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">For the bulk segment, Ultragaz strategy is focused on two areas. The first area is offering its clients mainly in industrial and agribusiness segments new applications and services for LPG. As a result, Ultragaz aims at expanding its market share in LPG used for home and personal care and localized heating, such as preheating of industrial furnaces, especially in steel, lead, asphalt manufacturing and metallurgical plants; and in new applications in agribusiness, such as drying grains and seeds, with greater operational and economic efficiency. </span><span style="font-size: 10pt;">We believe that some of Ultragaz&#8217;s new applications and services provide environmental benefits and cost savings such as reduction in water consumption, from car washing and recycling of organic waste, and fall in carbon dioxide and pollutants, from asphalt plant and cotton production. </span><span style="font-size: 10pt;">The second area is to invest in the expansion of the bulk LPG distribution to small-and-medium-sized businesses, such as laundry shops, restaurants, bakeries, and residential condominiums, through agile and convenience services.</span></span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">Expand our convenience store business model</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">In 2020, AmPm concluded </span><span style="font-size: 10pt;">a comprehensive review of its business model, including the renewal of its stores&#8217; layout to provide consumers with a more fluid and intuitive purchase experience</span><span style="font-size: 10pt;">, </span><span style="font-size: 10pt;">including l</span><span style="font-size: 10pt;">arger areas within for consuming products. AmPm developed a solid partnership with </span><span style="font-size: 10pt;">leading delivery platforms, as well as its proprietary solutions </span><span style="font-size: 10pt;">thr</span><span style="font-size: 10pt;">ough</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">QR Code and created a digital section inside </span><span style="font-size: 10pt;">the </span><span style="font-size: 10pt;">abastece-a&#237; application. This review also involved AmPm&#8217;s rebranding, exploring proximity marketing concepts and new habits of consumption, c</span><span style="font-size: 10pt;">oupled with a new product mix, expanding the offer of food service (bakeries and ready-to-eat meals), groceries and home and personal care products</span><span style="font-size: 10pt;">.</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">In December 2021, AmPm had 206 company-operated stores.</span></span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">Accelerate abastece a&#237; value creation</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">In July 2020, we created a new company in the digital payments and electronic retailing segment combining the abastece a&#237; app and the loyalty program Km de Vantagens. This initiative was designed to accelerate the value creation of these platforms and </span><span style="font-size: 10pt;">expand </span><span style="font-size: 10pt;">the services provided, with the potential for creating a digital ecosystem of sizeable proportions and capillarity. Since the launch of the new app in August 2020, we reached </span><span style="font-size: 10pt;">a milestone</span><span style="font-size: 10pt;"> of 36 million</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">of</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">participants in the </span><span style="font-size: 10pt; font-style: italic;">K</span><span style="font-size: 10pt; font-style: italic;">m</span><span style="font-size: 10pt; font-style: italic;"> de Vantagens</span><span style="font-size: 10pt;"> program, more than 4 million accounts created on the</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">abastece a&#237; app</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">and total payment volume over R$5 billion.&#160;</span></span></p>
<p style="font-size: 10pt; line-height: 108%; margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">The year</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">of</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">2021 was also a period of consolidation of the</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">abastece a&#237;</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">app</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">as a digital account, reaching 3 million deposits and withdrawal transactions</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">through</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">PIX, an instant payment solution launched by </span><span style="font-size: 10pt;">the Central Bank</span><span style="font-size: 10pt;">.</span></span></p>
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<p style="margin: 12pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">Maintain financial strength </span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">We seek to maintain a solid financial position to allow us to pursue investment opportunities and enhance our shareholders&#8217; return on their investment in our Company. </span><span style="font-size: 10pt;">As a Holding company, our diversified portfolio, scale and listing (both in the domestic and international markets) allows us to access different sources and types of financing that each of </span><span style="font-size: 10pt;">our</span><span style="font-size: 10pt;"> businesses would not be able to access individually</span><span style="font-size: 10pt;">.</span></span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">Expand our bulk storage capacity while maintaining operational efficiency</span></p>
<p style="margin: 5pt 0pt; page-break-after: avoid; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Over the last few years, Ultracargo has expanded its </span><span style="font-size: 10pt;">installed </span><span style="font-size: 10pt;">capacity, diversifying its geographic position with </span><span style="font-size: 10pt;">gains of </span><span style="font-size: 10pt;">scale</span><span style="font-size: 10pt;">.</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">Meanwhile, Ultracargo developed</span><span style="font-size: 10pt;"> process improvement initiatives, such as Soul and Conecta</span><span style="font-size: 10pt;">, aimed at enhancing its productivity and operational efficiency in order to ensure a more effic</span><span style="font-size: 10pt;">i</span><span style="font-size: 10pt;">ent deployment of the company&#8217;s resources</span><span style="font-size: 10pt;">.</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">For more information abou</span><span style="font-size: 10pt;">t</span><span style="font-size: 10pt;"> th</span><span style="font-size: 10pt;">ese</span><span style="font-size: 10pt;"> initiatives, see &#8220;</span><span style="font-size: 10pt;">Key Financial Information &#8211; B. Storage services for liquid bulk &#8211; Ultracargo &#8211; Storage facilities</span><span style="font-size: 10pt;">.&#8221;&#160;</span></span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt; font-weight: bold;">Key Financial Information</span><span style="font-size: 10pt; font-weight: bold;"> </span></span></p>
<p style="margin: 12pt 0pt 0pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">The table below sets forth the net revenue from sales and services for our </span><span style="font-size: 10pt;">segments</span><span style="font-size: 10pt;">: </span></span></p>
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<th style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></th>
</tr>
<tr style="height: 11px;">
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 11px;">
<p style="line-height: 2pt; margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 8pt;">&#160;</span></p>
</th>
<th colspan="5" style="vertical-align: middle; height: 11px;">
<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times;"><span style="font-size: 8pt; font-weight: bold;">(in millions of </span><span style="font-size: 8pt; font-style: italic; font-weight: bold;">Reais</span><span style="font-size: 8pt; font-weight: bold;">)</span></span></p>
</th>
<th style="vertical-align: middle; height: 11px;"><br/></th>
</tr>
</thead>
<tbody>
<tr style="background-color: #cceeff; height: 17px;">
<td style="vertical-align: middle; background-color: #cceeff; height: 17px; width: 67%;">
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Ultragaz</span><span style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></span></p>
</td>
<td style="vertical-align: middle; background-color: #cceeff; height: 17px; width: 10%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">9,744.7</span></p>
</td>
<td style="vertical-align: middle; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; background-color: #cceeff; height: 17px; width: 10%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">7,408.3</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10%;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">&#160; </span><span style="font-size: 10pt;">7,094.8</span></span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Ultracargo</span><span style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></span></p>
</td>
<td style="vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">713.1</span></p>
</td>
<td style="vertical-align: middle; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">644.2</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">&#160;&#160;</span><span style="font-size: 10pt;">540.8</span></span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="background-color: #cceeff; height: 17px;">
<td style="vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Ipiranga</span><span style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></span></p>
</td>
<td style="vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">99,382.6</span></p>
</td>
<td style="vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">66,133.0</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">&#160;&#160;</span><span style="font-size: 10pt;">75,452.5</span></span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">abastece a&#237;</span><span style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></span></p>
</td>
<td style="vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">84.7</span></p>
</td>
<td style="vertical-align: middle; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">17.2</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8212; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: top; height: 17px;"><br/></td>
</tr>
<tr style="background-color: #cceeff; height: 17px;">
<td style="vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt; font-weight: bold;">Net revenue from </span><span style="font-size: 10pt; font-weight: bold;">sales and services </span><span style="font-size: 6.67pt; font-weight: bold; vertical-align: super;">(1)</span><span style="font-size: 10pt; font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></span></p>
</td>
<td style="vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">109,732.8</span></p>
</td>
<td style="vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">74,058.1</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">83,004.7</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td style="border-bottom: 1pt solid #000000; width: 12%;"><br/></td>
<td style="width: 88%;"><br/></td>
</tr>
</tbody>
</table>
<p style="margin: 6pt 0pt 0pt 18pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 7pt;">(1)</span><span style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 7pt; line-height: normal;">&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-size: 8pt;">Segment information for Ultragaz, Ultracargo, Ipiranga</span><span style="font-size: 8pt;"> </span><span style="font-size: 8pt;">and abastece a&#237; </span><span style="font-size: 8pt;">are</span><span style="font-size: 8pt;"> presented on an unconsolidated basis. See &#8220;Presentation of Financial Information&#8221; for more information.</span></span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Industry and Regulatory Overview of our Continuing Operations</span></p>
<ol style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold; margin: 18pt 0pt 0pt 32.72pt; padding-left: 3.28pt; page-break-after: avoid; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Distribution of Liquefied Petroleum Gas </span></li>
</ol>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Liquefied petroleum gas (LPG) is a fuel derived from the oil or natural gas refining process. In Brazil, 70% of local demand in 2021 was produced in local refineries</span><span style="font-size: 10pt;"> and processing units</span><span style="font-size: 10pt;"> and the remaining 30% was imported. LPG has the following primary uses in Brazil</span><span style="font-size: 10pt;">:</span></span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Bottled LPG &#8212; used primarily by residential consumers for cooking; and</span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Bulk LPG &#8212; used primarily for cooking and water heating in shopping malls, hotels, residential buildings, restaurants, laundries, hospitals and industries, with several other specific applications to each industrial process, such as furnace heating, asphalt production, among others.</span></li>
</ul>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">41</span></td>
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</div>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The following chart shows the process of LPG distribution:</span></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 12pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times;"><img src="img17cf09e8065d4cc1bd1b.jpg" alt="Image2"></img></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Historically, bottled LPG has represented a substantial portion of the LPG distributed in Brazil and is primarily used for cooking. The use of LPG for domestic heating in Brazil is immaterial compared with its use in other developed and emerging countries, primarily because of Brazil&#8217;s generally warm climate. Consequently, demand seasonality throughout the year is relatively small. In addition, because LPG is not used to a significant extent for domestic heating in Brazil, overall consumption of LPG per capita is lower in Brazil compared to countries where domestic heating is a major element of LPG demand, making low distribution costs a major competitive differential in the Brazilian LPG market.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">The primary international suppliers of LPG are major oil companies and independent producers of both liquefied natural gas and oil. However, due to Petrobras&#8217; market dominance over the production and import of petroleum and petroleum products, a result of its legal monopoly that was abolished only in 1997, following Constitutional Amendment No.</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">09/1995 and the enactment of Federal Law No.</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">9,478/97, Petrobras is currently the </span><span style="font-size: 10pt; font-style: italic;">de facto</span><span style="font-size: 10pt;"> sole supplier of LPG in Brazil.</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Currently, the LPG distribution industry in Brazil consists of 18 LPG distribution companies or groups of companies and is regulated by the National Petroleum Agency (ANP). The LPG distribution industry includes purchasing nearly all its LPG requirements from Petrobras, filling LPG bottles and bulk delivery trucks at filling stations, selling LPG to dealers and end users, controlling product quality and providing technical assistance to LPG consumers. See &#8220;&#8212; Industry and Regulatory Overview &#8212; The role of the ANP&#8221; and &#8220;&#8212; Industry and Regulatory Overview &#8212; The role of Petrobras</span><span style="font-size: 10pt;">.&#8221;</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">LPG produced by Petrobras, which represented 70% of total LPG sold in Brazil in </span><span style="font-size: 10pt;">2021, is transported in pipelines and by trucks from Petrobras&#8217; production and storage facilities to filling stations maintained by LPG distributors. The balance is imported by Petrobras into Brazil and stored in large storage facilities mostly maintained by Petrobras. The imported LPG is then transported from the storage facilities by pipelines and trucks to the LPG distributors&#8217; filling stations.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">42</span></td>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">LPG can be delivered to end users either in bottles or in bulk. The bottles are filled in the LPG distributors&#8217; filling stations. Distribution of bottled LPG is conducted via two main channels:</span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">home delivery of LPG bottles; and</span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">the sale of LPG bottles in retail stores and at filling stations.</span></li>
</ul>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In both cases, the bottles are either delivered by the LPG distributors themselves or by independent dealers.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Bulk delivery is the main delivery method to large volume consumers, such as residential buildings, hospitals, small-and-medium-sized businesses and industries. In the case of bulk delivery, LPG is pumped directly into tanker trucks at filling stations, transported to customers and pumped into a bulk storage tank located at the customer&#8217;s premises.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt; font-style: italic; font-weight: bold;">The role of the Brazilian government.</span><span style="font-size: 10pt;"> The Brazilian government historically regulated the sale and distribution of LPG in Brazil. The period from 1960 to 1990 was characterized by heavy governmental regulation, including price controls, regulation of the geographical areas in which each LPG distributor could operate, regulation of the services offered by distributors and governmental quotas for the LPG sold by distributors, thus restricting the growth of larger LPG distributors. In 1990, the Brazilian government started a deregulation process of the LPG market. This process included easing the requirements for the entry into the market of new distribution companies, reducing certain administrative burdens and removing restrictions on the areas in which distributors could conduct their business and on sales quotas. There are currently no restrictions on foreign ownership of LPG companies in Brazil.</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">From 2008 to 2016, Petrobras increased LPG refinery prices for commercial and industrial usage sporadically. From 2017 to 2019, LPG refinery prices were adjusted more frequently. In the recent past, Petrobras&#8217; practice was not to immediately reflect in its oil derivatives prices in Brazil the volatility of international prices of oil and oil derivatives. However, in June 2017, the dynamic of LPG prices supplied to the distributors was modified to reflect international price volatility and exchange rate variation.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In January 2018, the pricing policy for LPG acquisition at refineries was adjusted to soften the transfer of price volatility in the international market to the domestic price. The monitoring period for international prices and currency rates, which dictate the percentages of price adjustment, was the average of the preceding twelve months, rather than monthly variation, and price adjustments became quarterly, rather than monthly. In August 2019, Petrobras terminated the existing policy and price differentiation was ended in November 2019, which resulted in domestic prices for all segments being converted into one single price.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">During 2020 and 2021, </span><span style="font-size: 10pt;">&#8217;</span><span style="font-size: 10pt;"> pricing policy </span><span style="font-size: 10pt;">f</span><span style="font-size: 10pt;">ed</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">international </span><span style="font-size: 10pt;">commodity </span><span style="font-size: 10pt;">price</span><span style="font-size: 10pt;">s,</span><span style="font-size: 10pt;"> although with less frequent adjustments</span><span style="font-size: 10pt;">. Due to the COVID</span><span style="font-size: 10pt;">-19</span><span style="font-size: 10pt;"> pandemic, the frequency of price adjustments increased, </span><span style="font-size: 10pt;">as a result of</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">the </span><span style="font-size: 10pt;">volatility in </span><span style="font-size: 10pt;">international LPG price</span><span style="font-size: 10pt;">s</span><span style="font-size: 10pt;">.</span><span style="font-size: 10pt;"> Other events may contribute to increased volatility, such as the ongoing conflict between Ukraine and Russia.</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt; font-style: italic; font-weight: bold;">The role of Petrobras.</span><span style="font-size: 10pt;"> Petrobras, Brazil&#8217;s national oil and oil products company, had a legal monopoly in the exploration, production, refining, importing and transporting of crude oil and oil products in Brazil and Brazil&#8217;s continental waters since its establishment in 1953. This monopoly was confirmed in Brazil&#8217;s federal constitution enacted in 1988. As a result, Petrobras was historically the sole supplier in Brazil of oil and oil-related products, including LPG. </span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">In 2004, Petrobras entered the LPG distribution market in Brazil through the acquisition of Liquig&#225;s, one of the main players in the market. </span><span style="font-size: 10pt;">In August 2019, Copagaz, Ita&#250;sa, Nacional G&#225;s and Fog&#225;s </span><span style="font-size: 10pt;">entered into an agreement with Petrobras to acquire Liquig&#225;s.</span><span style="font-size: 10pt;"> In November 2020, CADE approved Liquig&#225;s sale to a consortium composed by Copagaz, Ita&#250;sa, Nacional G&#225;s and Fog&#225;s, and Petrobras communicated the process completion in December 2020.</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt; font-style: italic; font-weight: bold;">The role of the ANP.</span><span style="font-size: 10pt;"> The ANP is responsible for the control, supervision and implementation of the government&#8217;s oil, gas and biofuels policies. The ANP regulates all aspects of the production, distribution and sale of oil and oil products in Brazil, including product quality standards and minimum storage capacities required to be maintained by distributors.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">43</span></td>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">In order to operate in Brazil, an LPG distributor must be licensed with the ANP and must comply with certain minimum operating requirements, including</span><span style="font-size: 10pt;">: </span></span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">maintenance of sufficient LPG storage capacity; </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">maintenance of an adequate quantity of LPG bottles; </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">use of bottles stamped with the distributor&#8217;s own brand name; </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">possession of its own filling plant; </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">appropriate maintenance of LPG filling units; </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">distribution of LPG exclusively in areas where it can provide technical assistance to the consumer either directly or indirectly through an authorized dealer; and </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">full compliance with the Unified Suppliers Registration System (</span><span style="font-size: 10pt;">Sistema de Cadastramento Unificado de Fornecedores</span><span style="font-size: 10pt;"> &#8211; SICAF). </span></span></li>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">LPG distributors are required to provide the ANP with monthly reports showing their sales in the previous month and the volume of LPG ordered from Petrobras for the next four months. The ANP limits the volume of LPG that may be ordered by each distributor based on the number of bottles and infrastructure owned by the distributor. Based on the information provided by the distributors, Petrobras supplies the volume of LPG ordered, since that LPG production and imports are enough to meet the demand. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">LPG distribution to the final consumer may be carried out by independent or exclusive resellers, according to ANP Resolution 49/2016 and 51/2016. Each LPG distributor must provide the ANP with information regarding its contracted independent resellers on a monthly basis. The construction of LPG filling plants and storage facilities is subject to the prior approval of the ANP and may only begin its operations after ANP inspection. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt; font-style: italic; font-weight: bold;">The self-regulatory code/ANP Resolution 49/2016 and 51/2016.</span><span style="font-size: 10pt;"> In 1996, most of the Brazilian LPG distributors, representing more than 90% of the market, bottle manufacturers, LPG transportation companies and certain LPG retail stores, under the supervision of the Brazilian government, entered into a statement of intent regarding the establishment of a program for &#8220;requalifying&#8221; LPG bottles (a process under which they undergo safety and quality checks) and other safety procedures, known as the &#8220;Self-Regulatory Code&#8221; or &#8220;</span><span style="font-size: 10pt; font-style: italic;">C&#243;digo de Autorregulamenta&#231;&#227;o</span><span style="font-size: 10pt;">.&#8221;</span><span style="font-size: 10pt;"> See &#8220;&#8212;Ultragaz&#8212;Bottle swapping centers&#8221; and &#8220;&#8212; Ultragaz&#8212;Requalification of bottles</span><span style="font-size: 10pt;">.&#8221;</span><span style="font-size: 10pt;"> Before the Self-Regulatory Code came into effect, certain LPG distributors, not including Ultragaz, would fill bottles stamped with another distributor&#8217;s brand. This practice resulted in a low level of investment in new bottles, giving rise to concerns regarding the safety of older bottles. The Self-Regulatory Code provides, among other things, that</span><span style="font-size: 10pt;">:&#160;</span></span></p>
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<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">each LPG distributor may only fill and sell bottles that are stamped with its own trademark; </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">each LPG distributor is responsible for the quality and safety control of its bottles; and </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">each LPG distributor must maintain enough bottles to service its sales volume. </span></li>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The Self-Regulatory Code was replaced by ANP Resolution 49/2016 and 51/2016, which regulates the distribution of LPG activities. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Ultragaz had to requalify </span><span style="font-size: 10pt;">2.1 million bottles, </span><span style="font-size: 10pt;">2.5</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">million bottles</span><span style="font-size: 10pt;"> and</span><span style="font-size: 10pt;"> 2.5 million bottles</span><span style="font-size: 10pt;"> 2021, 2020 and </span><span style="font-size: 10pt;">2019, respectively. In 2022, Ultragaz expects to requalify approximately 2.1</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">million bottles.</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt; font-style: italic; font-weight: bold;">Environmental, health and safety standards.</span><span style="font-size: 10pt;"> LPG distributors are regulated by ANP and subject to Brazilian federal, state and local laws and regulations relating to the protection of the environment, public health and safety. The CONAMA, the Ministry of Economy (</span><span style="font-size: 10pt; font-style: italic;">Minist&#233;rio da Economia</span><span style="font-size: 10pt;">), and the Ministry of Infrastructure (</span><span style="font-size: 10pt; font-style: italic;">Minist&#233;rio da Infraestrutura</span><span style="font-size: 10pt;">) are the primary regulators of LPG distribution at the federal level.</span></span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The Brazilian regulations require LPG distributors to obtain operating permits from the environmental agencies, from municipal authorities and from the fire department. In order to obtain and maintain the validity of such permits, distributors must satisfy regulatory authorities that the operation of facilities are in compliance with regulations and are not prejudicial to the environment and the community. In addition, regulations establish standard procedures for transporting, delivering and storing LPG and for testing and requalification of LPG bottles. Civil, administrative and criminal sanctions, including fines and the revocation of licenses, may apply to violations of regulations. Under applicable law, distributors are strictly and jointly liable for environmental damages.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The LPG industry and market are also subject to occupational health and safety standards, including labor laws, social security laws and consumer protection laws. In addition, the company also has a sustainability policy that describes the best management practices for health, safety and the environment (HSE).</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">In 2021, Ultragaz carried out an extensive HSE plan to improve its performance</span><span style="font-size: 10pt;"> in order to focus on safety and reliable operations</span><span style="font-size: 10pt;">. This plan was based on different initiatives concerning </span><span style="font-size: 10pt;">the </span><span style="font-size: 10pt;">improvement of HSE process</span><span style="font-size: 10pt;">es</span><span style="font-size: 10pt;"> and safety </span><span style="font-size: 10pt;">practices</span><span style="font-size: 10pt;">. For instance, </span><span style="font-size: 10pt;">Ultragaz&#8217;s truck drivers were trained in</span><span style="font-size: 10pt;"> defensive driving </span><span style="font-size: 10pt;">to </span><span style="font-size: 10pt;">help them </span><span style="font-size: 10pt;">reducing </span><span style="font-size: 10pt;">risks while </span><span style="font-size: 10pt;">driving</span><span style="font-size: 10pt;">. </span><span style="font-size: 10pt;">G</span><span style="font-size: 10pt;">overnance </span><span style="font-size: 10pt;">practices</span><span style="font-size: 10pt;"> have been improved as well. All data concerning incidents and safety inspections were gathered in a data lake and </span><span style="font-size: 10pt;">on </span><span style="font-size: 10pt;">a</span><span style="font-size: 10pt;">n</span><span style="font-size: 10pt;"> online HSE dashboard </span><span style="font-size: 10pt;">that </span><span style="font-size: 10pt;">can be consulted to check the main HSE indicators and </span><span style="font-size: 10pt;">their </span><span style="font-size: 10pt;">performance. As a result, in 2021 the total recordable accident rate decreased 14% </span><span style="font-size: 10pt;">as well as the </span><span style="font-size: 10pt;">lost time injury rate</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">decreased 29% compared to 2020.</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Ultragaz </span><span style="font-size: 10pt;">maintained</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">its annual HSE audits to verify the performance and compliance with HSE legislation, HSE internal standards and its sustainability policy from a remote mode</span><span style="font-size: 10pt;">l</span><span style="font-size: 10pt;"> due to restrictions imposed by coronavirus pandemic.</span></span></p>
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<p style="margin: 18pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">Ultragaz </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Founded in 1937, we </span><span style="font-size: 10pt;">were the first LPG distributor in Brazil. At that time, Brazilians used wood stoves and, to a lesser extent, alcohol, kerosene and coal stoves</span><span style="font-size: 10pt;">. Ultragaz was the leading company by sales volume in the Brazilian bulk LPG market as of December</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">31, 2021, according to ANP</span><span style="font-size: 10pt;">, and the </span><span style="font-size: 10pt;">second </span><span style="font-size: 10pt;">largest in overall volumes.</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Ultragaz operates nationwide in the distribution of both bottled and bulk LPG, including the most highly populated states in Brazil, such as S&#227;o Paulo, Rio de Janeiro and Bahia, and may sell bottled LPG through independent dealers. Bulk LPG is serviced through Ultragaz own infrastructure.<br/></span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="text-indent: 24.4pt; font-size: 10pt;">In 2003, Ultragaz acquired Shell G&#225;s, Royal Dutch Shell&#8217;s LPG operations in Brazil. Shell G&#225;s had about 4.5% market share in Brazilian LPG distribution according to ANP, selling 287</span><span style="text-indent: 24.4pt; font-size: 10pt;">&#160;</span><span style="text-indent: 24.4pt; font-size: 10pt;">thousand tons of LPG in 2002. With this acquisition, Ultragaz became the national market leader in LPG, with a 24% share of the Brazilian market in 2003. In 2011, Ultragaz acquired Repsol, which sold approximately 22</span><span style="text-indent: 24.4pt; font-size: 10pt;">&#160;</span><span style="text-indent: 24.4pt; font-size: 10pt;">thousand tons of LPG in that year.</span><br/></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultragaz is comprised of the following operating subsidiaries:</span></p>
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<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultragaz, the company that pioneered our LPG operations; </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Bahiana, which primarily operates in the Northeast region of Brazil; and</span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Uting&#225;s, a storage services provider that operates two facilities in S&#227;o Paulo and Paran&#225;. Uting&#225;s was incorporated in 1967 when Ultragaz and other LPG distributors joined to construct LPG storage facilities based in the states of S&#227;o Paulo and Paran&#225;. Ultragaz currently indirectly owns 57% of Uting&#225;s. See &#8220;&#8212;Storage of LPG</span><span style="font-size: 10pt;">.&#8221;</span></span></li>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt; font-style: italic; font-weight: bold;">Markets and marketing.</span><span style="font-size: 10pt;"> When Ultragaz began its operations, it served only the Southeast region of Brazil. Currently, Ultragaz is present in almost all of Brazil&#8217;s significant population centers. In recent years, Ultragaz strengthened its presence in the North and Northeast of Brazil, where it did not have significant operations. Distribution of bottled LPG includes mainly retail stores, carried out by Ultragaz&#8217;s dealership network mainly using 13 kg ANP approved bottles. In the case of Ultragaz, the bottles are painted blue. Ultragaz&#8217;s operating margins for bottled LPG vary from region to region and reflect the distribution channel in the region.</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Before Shell G&#225;s&#8217; acquisition, Ultragaz&#8217;s sales strategy for bottled LPG delivery was to increase market share through geographical expansion as well as protecting and incrementing market participation in regions where it already operated. With the acquisition of Shell G&#225;s, Ultragaz became the Brazilian market leader in LPG, and the focus of its marketing strategy evolved to protecting market share and strengthening its position in certain regions where it does not have a significant presence. The LPG bottled market in Brazil is mature and Ultragaz believes that growth in demand in the long term will be a function of an increasing number of households consuming the product as well as an increasing level of household income.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Distribution of bulk LPG is largely carried out through 190 kg storage tanks installed on the clients&#8217; premises. Since 1995, Ultragaz operates small-and-medium-sized bulk delivery facilities with bob-tail trucks, which deliver LPG in bulk mainly to residential buildings, commercial and industrial clients. Ultragaz&#8217;s clients in the commercial sector include shopping centers, hotels, residential buildings, restaurants, laundries and hospitals. Ultragaz&#8217;s trucks supply clients&#8217; stationary tanks using a system that is quick, safe and cost effective.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultragaz&#8217;s bulk sales include large industrial clients, including companies in the food, metallurgical, steel and home and personal care sectors that have large fixed tanks at their plants. In the case of large volume consumers, Ultragaz is competing with other highly competitive energy sources such as natural gas, diesel, wood, fuel oil and electricity.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultragaz&#8217;s strategy for bulk LPG distribution is to continue its process of product and service innovation. Ultragaz has a team to identify the needs of each bulk LPG client and to develop technical solutions for using LPG as an energy source. Furthermore, in 2015, Ultragaz started operating under a new concept for the small and medium business clients, named Ultrapronto. As an innovative concept in the LPG industry, Ultrapronto represents a more agile and complete service to the client, including prospecting of clients, setup of equipment, logistics and after-sale services. It permeates the entire value chain of the bulk segment, based on: (i) differentiated value proposition for the client, (ii) standardization of processes, in order to enable the service to client, and (iii) rationalization of the installation process.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The table below shows Ultragaz&#8217;s sales of LPG to clients of bottled and bulk LPG: </span></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 12pt;">&#160;</span></p>
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<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times;"><span style="font-size: 8pt; font-weight: bold;">Year ended December</span><span style="font-size: 8pt; font-weight: bold;">&#160;</span><span style="font-size: 8pt; font-weight: bold;">31,</span><span style="font-size: 8pt;"> </span></span></p>
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<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times;"><span style="font-size: 8pt; font-weight: bold;">2021</span><span style="font-size: 8pt;"> </span></span></p>
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<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times;"><span style="font-size: 8pt; font-weight: bold;">2020</span><span style="font-size: 8pt;"> </span></span></p>
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<p style="font-size: 8pt; line-height: 108%; margin: 0px; text-align: center; text-indent: 0px;"><span style="font-family: 'times new roman', times;"><span style="font-size: 8pt; font-weight: bold;">2019</span><span style="font-size: 8pt;"> </span></span></p>
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<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">(in thousands of tons)</span></p>
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<p style="margin: 0pt 0pt 0pt 24pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Residential delivery by Ultragaz / Ultragaz owned retail stores</span><span style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></span></p>
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<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">38.</span><span style="font-size: 10pt;">1</span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 10%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-size: 10pt;">39.2</span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 10%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-size: 10pt;">52.4</span></span></p>
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<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 24pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Independent resellers </span><span style="font-size: 5.67pt; vertical-align: super;">(1)</span><span style="font-size: 10pt;">&#160; &#160;</span></span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1,116.0</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">1,158.7</span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">1,121.8</span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Total bottled LPG</span><span style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">1,154.</span><span style="font-size: 10pt;">1</span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1,197.9</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">1,174.2</span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Total bulk LPG</span><span style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">560.2</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">534.4</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-size: 10pt;">531.7</span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt; font-weight: bold;">Total tons delivered</span><span style="font-size: 10pt; font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></span></p>
</td>
<td style="vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-bottom: 2.8pt double #000000;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">1,714.2</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-bottom: 2.8pt double #000000;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt; font-weight: bold;">&#160; &#160;&#160;</span><span style="font-size: 10pt; font-weight: bold;">1,732.3</span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-bottom: 2.8pt double #000000;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt; font-weight: bold;">&#160;</span><span style="font-size: 10pt; font-weight: bold;">1,706.0</span></span></p>
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<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
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<tbody>
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<td style="border-bottom: 1pt solid #000000; width: 12%;"><br/></td>
<td style="width: 88%;"><br/></td>
</tr>
</tbody>
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<p style="margin: 0pt 0pt 0pt 24.45pt; text-indent: -18.35pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 4.67pt; vertical-align: super;">(1)</span><span style="font-size: 8pt;">&#160;</span><span style="font-size: 8pt;">&#160; &#160; &#160;</span><span style="font-size: 8pt;">Includes residential deliveries and distribution through retailers&#8217; stores.</span></span></p>
<p style="margin: 0pt 0pt 0pt 24.45pt; text-indent: -18.35pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 8pt;"><br/></span></span></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">46</span></td>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Residential delivery has evolved during the last years from primarily door-to-door to a scheduled, order by phone or app.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">LPG distribution is a dynamic retail market where consumers&#8217; habits change constantly, thus creating opportunities for the company. In order to track market developments more closely and differentiate itself from its competitors, Ultragaz has developed and enhanced sales channels and payment methods. In the last decade, the company expanded the participation of Disk G&#225;s (sale of LPG bottles by telephone) and, more recently, introduced ordering through a website (Pedido Online), cell phone messages (Whatsapp) and through a smartphone app (APP Ultragaz), which reached one million users in 2021. Ultragaz entered into sales partnerships with apps from companies such as iFood. These initiatives provide customers with greater convenience, add further value and generate logistic optimization to Ultragaz. The same principles have been extended to the bulk segment, in which Ultragaz is a pioneer and has a leading position. Ultragaz has been developing new technologies for different markets, such as factories, agribusiness, small and medium business and residential buildings. Ultragaz has created and is testing a vending machine for LPG cylinders, called Ultragaz 24h, which will work 24/7 and accept many payment methods. For industries, such as the industrial laundries, Ultragaz has developed a new system to control the whole drying process using Internet of Things (IoT) to optimize LPG consumption. Ultragaz has also expanded LPG uses portfolio to agribusiness, such as a solution for cotton moisture control, increasing productivity. Finally, tracking consumption trends in the bulk segment, Ultragaz has created a food recycler solution, which converts 80% of a typical restaurant waste into fertilizer through a fully automated process.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">In May 2021, </span><span style="font-size: 10pt;">Ultragaz launched its new brand image. The new visual identity addressed its purpose of contributing to changing </span><span style="font-size: 10pt;">people&#8217;s</span><span style="font-size: 10pt;"> lives. With an eye to the future, and in the spirit of its new motto &#8220;</span><span style="font-size: 10pt; font-style: italic;">Somando energias</span><span style="font-size: 10pt;">&#8221;</span><span style="font-size: 10pt;">, or c</span><span style="font-size: 10pt;">ombining energies</span><span style="font-size: 10pt;">,</span><span style="font-size: 10pt;"> Ultragaz is employing its vast experience together with technology to create energy solutions that focus on its customers&#8217; needs, helping them to better manage the energy usage in their homes and businesses.</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt; font-style: italic; font-weight: bold;">Contracts.</span><span style="font-size: 10pt;"> Ultragaz supplies its bulk clients based on contracts with terms ranging typically from two to five years. This type of contract limits fluctuations in sales given that the installation of the tanks is carried out by Ultragaz, and any change in supplier would imply the client&#8217;s reimbursing Ultragaz&#8217;s investments. The contract also requires that any tank supplied by Ultragaz may only be filled with LPG delivered by the company. When the bulk delivery contract expires, it can be renegotiated, or the tank is removed. Since the installation of the tank represents a significant investment for Ultragaz, it seeks to achieve a return on its investment within the term of the contract. </span></span></p>
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<div>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt; font-style: italic; font-weight: bold;">Social initiatives. </span><span style="font-size: 10pt;">Given Ultragaz&#8217;s network and reach to the most remote communities in Brazil, it has engaged in a series of initiatives and partnerships to promote social inclusion, education and culture. The table below shows the most relevant ones:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">47</span></td>
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<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 12pt;">&#160;</span></p>
<table cellpadding="0" style="height: 181px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px;" width="100%">
<thead>
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<th style="vertical-align: bottom; height: 10px; width: 15%; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; break-after: avoid; text-align: left;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Project</span></p>
<p style="border-top-color: #000000; border-top-width: 1pt; line-height: 1pt; margin: 1pt 0pt 0pt; padding-top: 1pt; page-break-after: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;">&#160;</span></p>
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<th style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; width: 15%; border-bottom: 1px solid #000000;">
<p style="font-size: 8pt; line-height: 108%; margin: 0px; text-align: center; text-indent: 0px;"><span style="font-family: 'times new roman', times;"><span style="font-size: 8pt; font-weight: bold;">Year</span><span style="font-size: 8pt; font-weight: bold;">&#160;</span><span style="font-size: 8pt; font-weight: bold;">of</span></span><br/><span style="font-family: 'times new roman', times;"><span style="font-size: 8pt; font-weight: bold;">launch</span><span style="font-size: 8pt;"> </span></span></p>
<p style="border-top-color: #000000; border-top-width: 1pt; line-height: 1pt; margin: 0pt; padding-top: 1pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;">&#160;</span></p>
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<th style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; width: 68%; border-bottom: 1px solid #000000;">
<p style="margin: 0px; text-align: center; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Brief description</span></p>
<p style="border-top-color: #000000; border-top-width: 1pt; line-height: 1pt; margin: 0pt; padding-top: 1pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;">&#160;</span></p>
</th>
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</thead>
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<td style="height: 17px; background-color: #cceeff; vertical-align: top; width: 15%; padding: 0px 0px 8px; margin: 0px; text-indent: 0px;" valign="top">
<p style="margin: 0px; break-after: avoid; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Ultragaz</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">Cultural</span><span style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></span></p>
</td>
<td style="height: 17px; background-color: #cceeff; vertical-align: top; width: 1%; padding: 0px 0px 8px; margin: 0px; text-indent: 0px;" valign="top"><br/></td>
<td style="padding: 0px 0px 8px; height: 17px; background-color: #cceeff; vertical-align: top; width: 15%; margin: 0px; text-indent: 0px;" valign="top">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2000</span></p>
</td>
<td style="padding: 0px 0px 8px; height: 17px; background-color: #cceeff; vertical-align: top; width: 1%; margin: 0px; text-indent: 0px;" valign="top"><br/></td>
<td style="height: 17px; background-color: #cceeff; vertical-align: top; width: 68%; padding: 0px 0px 8px; margin: 0px; text-indent: 0px;" valign="top">
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 10pt; margin: 0pt 0pt 0pt 9.6pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Series of shows, movies, theater, literature, music and educational workshops</span><span style="font-size: 10pt;">.</span></span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 0pt 0pt 0pt 9.6pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">2000-2019: served more than 279</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">thousand children in 22 states in Brazil. </span></span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 0pt 0pt 0pt 9.6pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In 2020 and 2021, exceptionally, due to the COVID-19, the project did not happen.</span></li>
</ul>
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<td style="height: 64px; vertical-align: top; width: 15%; padding: 0px 0px 8px; margin: 0px; text-indent: 0px;" valign="top">
<p style="margin: 0px; break-after: avoid; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Educational Campaigns</span><span style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></span></p>
</td>
<td style="height: 64px; vertical-align: top; width: 1%; padding: 0px 0px 8px; margin: 0px; text-indent: 0px;" valign="top"><br/></td>
<td style="padding: 0px 0px 8px; height: 64px; vertical-align: top; width: 15%; margin: 0px; text-indent: 0px;" valign="top">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2008</span></p>
</td>
<td style="padding: 0px 0px 8px; height: 64px; vertical-align: top; width: 1%; margin: 0px; text-indent: 0px;" valign="top"><br/></td>
<td style="height: 64px; vertical-align: top; width: 68%; padding: 0px 0px 8px; margin: 0px; text-indent: 0px;" valign="top">
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 10pt; margin: 0pt 0pt 0pt 9.6pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Awareness and educational campaigns to address diseases prevention, such as COVID-19, and arterial hypertension, as well as other basic health concerns, like children rights. </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 0pt 0pt 0pt 9.6pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">2021: </span><span style="font-size: 10pt;">held three</span><span style="font-size: 10pt;"> campaigns</span><span style="font-size: 10pt;">: (i) a</span><span style="font-size: 10pt;"> COVID-19</span><span style="font-size: 10pt;"> campaign for children about physical distancing and </span><span style="font-size: 10pt;">the use of</span><span style="font-size: 10pt;"> masks (10 million people impacted); </span><span style="font-size: 10pt;">(ii) a campaign encouraging the</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">population to have healthy habits that help maintain adequate blood pressure (more than 3 million people impacted); and </span><span style="font-size: 10pt;">(iii) a </span><span style="font-size: 10pt;">children's cartoon </span><span style="font-size: 10pt;">campaign aimed at promoting</span><span style="font-size: 10pt;"> the importance of respect, self-protection, open dialogue and knowledge of </span><span style="font-size: 10pt;">human</span><span style="font-size: 10pt;"> body (more than 10 million people impacted).</span></span></li>
</ul>
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<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">United Nations Partnership</span><span style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></span></p>
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<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2009</span></p>
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<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 10pt; margin: 0pt 0pt 0pt 9.6pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Ultragaz is a signatory of the UN Global Compact since 2009</span><span style="font-size: 10pt;">.</span></span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 0pt 0pt 0pt 9.6pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">In 2016, Ultragaz joined the 17 Objectives of Sustainable Development</span><span style="font-size: 10pt;">.</span></span></li>
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<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Volunteering Program </span><span style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></span></p>
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<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2009</span></p>
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<td style="height: 10px; vertical-align: top; width: 68%; padding: 0px 0px 8px; margin: 0px; text-indent: 0px;" valign="top">
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 10pt; margin: 0pt 0pt 0pt 9.6pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Junior Achievement: teaching entrepreneurship and sustainability to public school students. </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 0pt 0pt 0pt 9.6pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">&#8220;</span><span style="font-size: 10pt; font-style: italic;">Ler &#233; Presente</span><span style="font-size: 10pt;">&#8221;: Aims to develop the creativity and imagination of children from public institutions and schools, through voluntary reading.</span></span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 0pt 0pt 0pt 9.6pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2021: 270 volunteers were involved in the program and, due to the COVID-19 pandemic, the projects happened remotely.</span></li>
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<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Educational projects</span></p>
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
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<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2009</span></p>
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<td style="padding: 0px 0px 8px; height: 21px; background-color: #cceeff; vertical-align: top; width: 1%; margin: 0px; text-indent: 0px;" valign="top"><br/></td>
<td style="height: 21px; background-color: #cceeff; vertical-align: top; width: 68%; padding: 0px 0px 8px; margin: 0px; text-indent: 0px;" valign="top">
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 10pt; margin: 0pt 0pt 0pt 9.6pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Near to its production bases, Ultragaz sponsors several projects that aim to promote quality education to children and teenagers. </span><span style="font-size: 10pt;">Some of these partners are: Escola de M&#250;sica e Inform&#225;tica Ultragaz, Voca&#231;&#227;o, Pedra Bruta, Olga KOS, Pluga Cuca, Recriarte and ASA</span><span style="font-size: 10pt;">.</span></span></li>
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<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">&#8220;</span><span style="font-size: 10pt; font-style: italic;">Pega Pilhas, Baterias e Celulares</span><span style="font-size: 10pt;">&#8221;</span><span style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></span></p>
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<td style="padding: 0px 0px 8px; height: 10px; vertical-align: top; width: 15%; margin: 0px; text-indent: 0px;" valign="top">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2012</span></p>
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<td style="height: 10px; vertical-align: top; width: 68%; padding: 0px 0px 8px; margin: 0px; text-indent: 0px;" valign="top">
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 10pt; margin: 0pt 0pt 0pt 9.6pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Collection and disposal of used batteries in Ultragaz&#8217;s consumers&#8217; households</span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 0pt 0pt 0pt 9.6pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">2021: </span><span style="font-size: 10pt;">256 k</span><span style="font-size: 10pt;">g</span><span style="font-size: 10pt;"> of batteries collected in 31 cities in Brazil.</span></span></li>
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<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">&#8220;</span><span style="font-size: 10pt; font-style: italic;">Campanha</span><span style="font-size: 10pt; font-style: italic;">&#160;</span><span style="font-size: 10pt; font-style: italic;">Junte &#211;leo:</span><span style="font-size: 10pt; font-style: italic;">&#160;</span><span style="font-size: 10pt; font-style: italic;">Ultragaz Coleta e Soya Recicla</span><span style="font-size: 10pt;">&#8221; &#8211;</span><span style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></span></p>
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<td style="height: 10px; background-color: #cceeff; vertical-align: top; width: 1%; padding: 0px 0px 8px; margin: 0px; text-indent: 0px;" valign="top"><br/></td>
<td style="padding: 0px 0px 8px; height: 10px; background-color: #cceeff; vertical-align: top; width: 15%; margin: 0px; text-indent: 0px;" valign="top">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2013</span></p>
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<td style="height: 10px; background-color: #cceeff; vertical-align: top; width: 68%; padding: 0px 0px 8px; margin: 0px; text-indent: 0px;" valign="top">
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 10pt; margin: 0pt 0pt 0pt 9.6pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Cooking oil recycle campaign to avoid its disposal into drinkable water sources. Partnership with Bunge.</span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 0pt 0pt 0pt 9.6pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">2020: the project won the LPG Innovation and Technology Award</span><span style="font-size: 10pt;">.</span><span style="font-size: 10pt;"> </span></span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 0pt 0pt 0pt 9.6pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">In 2021, we reached the </span><span style="font-size: 10pt;">milestone </span><span style="font-size: 10pt;">of more than 1.3 million liters of oil collected since 2013, </span><span style="font-size: 10pt;">in</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">more than 800 thousand households from </span><span style="font-size: 10pt;">the states of </span><span style="font-size: 10pt;">S&#227;o Paulo, Minas Gerais, Rio Grande do Sul, Cear&#225;, Bahia and Pernambuco.&#160;</span></span></li>
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<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">&#8220;</span><span style="font-size: 10pt; font-style: italic;">Somar Sustentabilidade</span><span style="font-size: 10pt;">&#8221;</span><span style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></span></p>
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<td style="padding-left: 0px; height: 10px; vertical-align: top; width: 15%; padding-right: 0px; margin: 0px; text-indent: 0px;" valign="top">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2014</span></p>
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<td style="height: 10px; vertical-align: top; width: 68%; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;" valign="top">
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<li style="font-family: Symbol; font-size: 10pt; margin: 0pt 0pt 0pt 9.6pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">A project that aims to foster sustainability concept and practices among its resellers</span><span style="font-size: 10pt;">.</span></span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 0pt 0pt 0pt 9.6pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">By the end of 2019, more than 480 resellers had participated. In 2020 and 2021, exceptionally due to the COVID-19</span><span style="font-size: 10pt;"> pandemic</span><span style="font-size: 10pt;">, the project did not happen.&#160;&#160;</span></span></li>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">48</span></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<p style="margin: 0pt; break-after: avoid; text-align: left;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Project</span></p>
<p style="border-top-color: #000000; border-top-width: 1pt; line-height: 1pt; margin: 1pt 0pt 0pt; padding-top: 1pt; page-break-after: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;">&#160;</span></p>
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<p style="font-size: 8pt; line-height: 108%; margin: 0px; text-align: center; text-indent: 0px;"><span style="font-family: 'times new roman', times;"><span style="font-size: 8pt; font-weight: bold;">Year</span><span style="font-size: 8pt; font-weight: bold;">&#160;</span><span style="font-size: 8pt; font-weight: bold;">of</span></span><br/><span style="font-family: 'times new roman', times;"><span style="font-size: 8pt; font-weight: bold;">launch</span><span style="font-size: 8pt;"> </span></span></p>
<p style="border-top-color: #000000; border-top-width: 1pt; line-height: 1pt; margin: 0pt; padding-top: 1pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;">&#160;</span></p>
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<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Brief description</span></p>
<p style="border-top-color: #000000; border-top-width: 1pt; line-height: 1pt; margin: 0pt; padding-top: 1pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;">&#160;</span></p>
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<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">CDP Partnership</span><span style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></span></p>
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<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2015</span></p>
</td>
<td style="padding: 0px 0px 8px; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top"><br/></td>
<td style="height: 10px; background-color: #cceeff; padding: 0px 0px 8px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 10pt; margin: 0pt 0pt 0pt 9.6pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">With the support of CDP, Ultragaz promotes training with its critical suppliers about CO2 emissions and water resources, encouraging them to develop action plans.</span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 0pt 0pt 0pt 9.6pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">In </span><span style="font-size: 10pt;">2021</span><span style="font-size: 10pt;">,</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">Ultragaz e</span><span style="font-size: 10pt;">ngage</span><span style="font-size: 10pt;">d 95% of its critical suppliers in</span><span style="font-size: 10pt;"> CO2 emissions program and the water resources program.</span></span></li>
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<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Female Empowerment</span><span style="font-size: 10pt;">&#160; &#160; &#160; &#160; &#160; &#160;</span></span></p>
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<td style="height: 143px; padding: 0px 0px 8px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top"><br/></td>
<td style="padding: 0px 0px 8px; height: 143px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2018</span></p>
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<td style="padding: 0px 0px 8px; height: 143px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top"><br/></td>
<td style="height: 143px; padding: 0px 0px 8px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 10pt; margin: 0pt 0pt 0pt 9.6pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Partnership with the Feminine Association for Social and University Studies (Afesu) focused in supporting socially vulnerable women by offering training schemes for entry into the labor market.</span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 0pt 0pt 0pt 9.6pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">In 2021, in partnership with Rede ASTA, more than 160 </span><span style="font-size: 10pt;">artisans </span><span style="font-size: 10pt;">from Bel&#233;m</span><span style="font-size: 10pt;"> (</span><span style="font-size: 10pt;">state of Par&#225;)</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">and S&#227;o Lu&#237;s</span><span style="font-size: 10pt;"> (state of Maranh&#227;o)</span><span style="font-size: 10pt;"> joined an entrepreneurship</span><span style="font-size: 10pt;"> course and learned how to start a new business and how to manage it.</span></span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 0pt 0pt 0pt 9.6pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">In 2021, in partnership with </span><span style="font-size: 10pt; font-style: italic;">Consulado da Mulher</span><span style="font-size: 10pt;"> and </span><span style="font-size: 10pt; font-style: italic;">Ita&#250; Mulher Empreendedora</span><span style="font-size: 10pt;">, 317 women participated in 24 classes </span><span style="font-size: 10pt;">covering</span><span style="font-size: 10pt;"> from the </span><span style="font-size: 10pt;">creation</span><span style="font-size: 10pt;"> of the business to its management, </span><span style="font-size: 10pt;">with focus on</span><span style="font-size: 10pt;"> the entrepreneur's life.</span></span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 0pt 0pt 0pt 9.6pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">In 2021, in partnership with </span><span style="font-size: 10pt; font-style: italic;">Rede Mulher Empreendedora</span><span style="font-size: 10pt;">, women from Bel&#233;m</span><span style="font-size: 10pt;"> (state of Par&#225;)</span><span style="font-size: 10pt;"> joined a course about entrepreneurship, financial independence and empowerment. Some of the topics discussed with women </span><span style="font-size: 10pt;">include</span><span style="font-size: 10pt;"> self-esteem and self-image, </span><span style="font-size: 10pt;">their</span><span style="font-size: 10pt;"> relationship with money, networking and building action plans.</span></span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 0pt 0pt 0pt 9.6pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In partnership with ASPLANDE, we supported a Women's Rights Ambassador Project to women from the cities of Rio de Janeiro, Duque de Caxias, Nil&#243;polis, Nova Igua&#231;u, Belford Roxo and S&#227;o Jo&#227;o Meriti, in the state of Rio de Janeiro.</span></li>
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<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt; font-style: italic;">Mem&#243;ria Local</span><span style="font-size: 10pt;">&#8221;</span><span style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></span></p>
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<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2019</span></p>
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<li style="font-family: Symbol; font-size: 10pt; margin: 0pt 0pt 0pt 9.6pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">The project aims to preserve the memory of communities, through integrated activities between elementary and high school students, teachers and communities. Partnership with &#8220;</span><span style="font-size: 10pt; font-style: italic;">Museu da Pessoa</span><span style="font-size: 10pt;">.&#8221;</span></span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 0pt 0pt 0pt 9.6pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2019: 1,474 people benefited.</span></li>
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<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">COVID-19 actions</span></p>
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
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<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2020</span></p>
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<li style="font-family: Symbol; font-size: 10pt; margin: 0pt 0pt 0pt 9.6pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">2020: </span><span style="font-size: 10pt;">i</span><span style="font-size: 10pt;">n partnership with the Ministry of Health, Ultragaz supported the preventive campaign to fight the coronavirus (COVID-19). About 10 million people were impacted by information distributed in 19 states in more than 57 cities. Ultragaz also donated 650 thousand bars of biodegradable soap to less favored communities, 6 thousand basic food baskets to communities around our bases in Bahia, R$1 million to </span><span style="font-size: 10pt; font-style: italic;">S&#237;rio Liban&#234;s Graja&#250;</span><span style="font-size: 10pt;"> field hospital and 8 thousand bottled LPG to poor communities.</span></span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 0pt 0pt 0pt 9.6pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">2021: </span><span style="font-size: 10pt;">d</span><span style="font-size: 10pt;">onations </span><span style="font-size: 10pt;">of</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">8</span><span style="font-size: 10pt;">,000 </span><span style="font-size: 10pt;">LPG cylinders to CUFA (</span><span style="font-size: 10pt;">in the state</span><span style="font-size: 10pt;">s</span><span style="font-size: 10pt;"> of S&#227;o Paulo</span><span style="font-size: 10pt;"> and B</span><span style="font-size: 10pt;">ahia</span><span style="font-size: 10pt;">); </span><span style="font-size: 10pt;">f</span><span style="font-size: 10pt;">ood parcel</span><span style="font-size: 10pt;">s</span><span style="font-size: 10pt;"> for NGOs (</span><span style="font-size: 10pt;">in the states of </span><span style="font-size: 10pt;">B</span><span style="font-size: 10pt;">ahia</span><span style="font-size: 10pt;">, P</span><span style="font-size: 10pt;">ernambuco and</span><span style="font-size: 10pt;"> S</span><span style="font-size: 10pt;">ergipe</span><span style="font-size: 10pt;">), including </span><span style="font-size: 10pt;">a national </span><span style="font-size: 10pt;">campaign in partnership with </span><span style="font-size: 10pt; font-style: italic;">Gerando Falc&#245;es</span><span style="font-size: 10pt;">. Transport</span><span style="font-size: 10pt;">ation</span><span style="font-size: 10pt;"> of 2</span><span style="font-size: 10pt;">,000</span><span style="font-size: 10pt;"> oxygen cylinders from suppliers to hospitals </span><span style="font-size: 10pt;">in the state of S&#227;o Paulo</span><span style="font-size: 10pt;">.</span></span></li>
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<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Instituto Alavanca</span></p>
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<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2020</span></p>
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<li style="font-family: Symbol; font-size: 10pt; margin: 0pt 0pt 0pt 9.6pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">In 2020, we </span><span style="font-size: 10pt;">entered into</span><span style="font-size: 10pt;"> a partnership with FIA, a reference among business schools, to revitalize the space of </span><span style="font-size: 10pt; font-style: italic;">Instituto Alavanca</span><span style="font-size: 10pt;">, a non-governmental organization, associated with FIA, which offers educational activities for women, children and young people living in the S&#227;o Remo community, </span><span style="font-size: 10pt;">in</span><span style="font-size: 10pt;"> the city of S&#227;o Paulo.&#160;</span></span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 0pt 0pt 0pt 9.6pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In line with Ultragaz's sustainability mission, which has education as one of its investment pillars, the partnership aims to reactivate the facilities of the Alavanca institution. The work was completed in the first quarter of 2021.&#160;</span></li>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">49</span></td>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt; font-style: italic; font-weight: bold;">Distribution infrastructure. </span><span style="font-size: 10pt;">Ultragaz&#8217;s distribution strategy includes having its own distribution infrastructure for bulk LPG, since it believes proximity to customers is a significant factor in successful distribution and sales strategies. Ultragaz also maintains a large independent reseller network for the bottled LPG. See &#8220;Independent resellers</span><span style="font-size: 10pt;">.&#8221;</span><span style="font-size: 10pt;"> For both bottled and bulk LPG, deliveries are made by a staff wearing Ultragaz uniforms and driving vehicles with Ultragaz&#8217;s logo. Ultragaz has also invested in information technology for improving its process, such as logistics optimization and production efficiency. Ultragaz delivers bottled LPG, using a distribution network, which included 5.6</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">thousand independent resellers and a fleet of 117 vehicles for the delivery of gas bottles and 307 for bulk delivery as of December</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">31, 2021.</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Bottled sales capacity derives from the number of bottles bearing Ultragaz&#8217;s brands. Ultragaz estimat</span><span style="font-size: 10pt;">es that, as of December</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">31, 2021, there were 24.6</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">million 13 kg bottles stamped with Ultragaz&#8217;s brands in the market.</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt; font-style: italic; font-weight: bold;">Independent resellers.</span><span style="font-size: 10pt;"> Ultragaz&#8217;s independent distribution network ranges from large resellers, which carry out extensive home delivery, to single retail stores, which sell small quantities of LPG bottles. ANP Rule 51, enacted on November</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">30, 2016, that repealed the ANP Rule 297, sets that the independent resellers must be registered with ANP and comply with a list of prerequisites contained in such rule, as well as those required by law for the storage of bottles up to 90 kg. Also, each municipality sets forth its own safety regulations applicable to stores that sell LPG, including a minimum distance from certain locations, such as schools. For the year ended December</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">31, 202</span><span style="font-size: 10pt;">1</span><span style="font-size: 10pt;">, 97% of Ultragaz&#8217;s bottled LPG sales were made through resellers. The agreements entered between Ultragaz and independent resellers require the use of the Ultragaz brand and the display of the Ultragaz logo in the delivery vehicles and on the uniforms worn by delivery personnel. Proprietary rights of the trademark and the logo are retained by Ultragaz and are duly registered with the National Institute of Industrial Property (INPI &#8211; </span><span style="font-size: 10pt; font-style: italic;">Instituto Nacional de Propriedade Industrial</span><span style="font-size: 10pt;">). All contracted resellers are Ultragaz&#8217;s exclusive representatives. Under the terms of the respective contracts, each dealer agrees not to deliver non-Ultragaz LPG bottles.</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultragaz understands that investing in the efficiency of its reseller network is key for staying ahead of competition and at the same time aligned with market demand for LPG. Accordingly, Ultragaz has developed several programs aimed at improving resellers&#8217; management quality and standards.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">The main program is the </span><span style="font-size: 10pt; font-style: italic;">Lapidar</span><span style="font-size: 10pt;"> Challenge (exclusive excellence program for resellers), which seeks to standardize the best management practices of Ultragaz</span><span style="font-size: 10pt;">&#8217;s</span><span style="font-size: 10pt;"> resellers, through the pillars of customer experience, business management, teams and resale structure, with </span><span style="font-size: 10pt;">focus on</span><span style="font-size: 10pt;"> strict compliance with the laws applicable to the sector. Through a continuous evaluation process with annual cycles, resellers are classified into categories (</span><span style="font-size: 10pt;">B</span><span style="font-size: 10pt;">lue, </span><span style="font-size: 10pt;">B</span><span style="font-size: 10pt;">ronze, </span><span style="font-size: 10pt;">S</span><span style="font-size: 10pt;">ilver</span><span style="font-size: 10pt;">,</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">G</span><span style="font-size: 10pt;">old</span><span style="font-size: 10pt;"> and Blue Diamond</span><span style="font-size: 10pt;">) allowing participants to verify their performance against Ultragaz standards of excellence and stimulating constant improvement. In 2020, Ultragaz reviewed the entire program in order to make it more attractive, contributing to an evolution in its dealer network continuously and bringing excellence in execution and a better customer experience. In 2021, approximately 3,900 resellers participated in the program. Of those who participated, we chose the 150 resellers who achieved the highest cumulative score and classified them as Blue Diamond attesting to their compliance with most Ultragaz quality requirements.</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Ultragaz offers to its new resellers a complete face-to-face training program</span><span style="font-size: 10pt;">, namely</span><span style="font-size: 10pt;"> the </span><span style="font-size: 10pt;">P</span><span style="font-size: 10pt;">re-</span><span style="font-size: 10pt;">operation, </span><span style="font-size: 10pt;">which is </span><span style="font-size: 10pt;">intended for resellers with no previous experience in LPG, and </span><span style="font-size: 10pt; font-style: italic;">Cultura Azul</span><span style="font-size: 10pt;"> (Blue Culture) that aims to insert resellers who already have experience in the segment in the Company's culture. The goal is to accelerate the maturation process of new resellers, sharing the best market practices, financial knowledge, operational, marketing and team management. Before start operating, our resellers receive a complete package of guidelines to ensure the standard of both brand structure and visual identity and the standard of service that is Ultragaz's </span><span style="font-size: 10pt;">hall</span><span style="font-size: 10pt;">mark to generate a</span><span style="font-size: 10pt;"> positive</span><span style="font-size: 10pt;"> experience for our customers.</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">In 2020, Ultragaz created a digital relationship channel with its resellers called MAP &#8211; </span><span style="font-size: 10pt; font-style: italic;">Meu Amigo Parceiro</span><span style="font-size: 10pt;">. In this app resellers have access to resources that improve their work process such as: inclusion and status of orders placed, access to invoices and receipt, exclusive training program, marketing content, among others. Through MAP the reseller also accesses a marketplace platform, </span><span style="font-size: 10pt;">namely</span><span style="font-size: 10pt;"> Portal Ultragaz, where </span><span style="font-size: 10pt;">they</span><span style="font-size: 10pt;"> can purchase several items for resale and </span><span style="font-size: 10pt;">on terms </span><span style="font-size: 10pt;">and conditions negotiated by Ultragaz itself with previously accredited suppliers.</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt; font-style: italic; font-weight: bold;">Distribution channels to bulk consumers.</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">Bulk</span><span style="font-size: 10pt;"> distribution is made </span><span style="font-size: 10pt;">directly to customers </span><span style="font-size: 10pt;">by </span><span style="font-size: 10pt;">delivering LPG to </span><span style="font-size: 10pt;">storage tanks located at </span><span style="font-size: 10pt;">customers' facilities.</span><span style="font-size: 10pt;"> Small bulk distribution, </span><span style="font-size: 10pt;">consisting</span><span style="font-size: 10pt;"> of residential buildings and commercial users, and smaller industrial users, is </span><span style="font-size: 10pt;">mainly </span><span style="font-size: 10pt;">made by bob-tail trucks. </span><span style="font-size: 10pt;">Large bulk distribution, consisting mainly of industrial users, is made </span><span style="font-size: 10pt;">directly to customers </span><span style="font-size: 10pt;">by bob-tail trucks or</span><span style="font-size: 10pt;"> third-party </span><span style="font-size: 10pt;">tanker trucks</span><span style="font-size: 10pt;">.</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt; font-style: italic; font-weight: bold;">Payment terms.</span><span style="font-size: 10pt;"> Ultragaz&#8217;s sales through its retail stores and through home delivery are made mainly on a cash basis. Ultragaz&#8217;s sales to independent resellers and to industrial and commercial users have payment terms of 17 days on average.</span></span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt; font-style: italic; font-weight: bold;">Bottle swapping centers.</span><span style="font-size: 10pt;"> Pursuant to the Self-Regulatory Code, established in 1996 and approved by ANP, the LPG distributors have established 9 operating swapping centers to facilitate the return of the bottles to the appropriate distributor. Under the Self-Regulatory Code, while LPG distributors may pick up any empty LPG bottles tendered by customers in exchange for full LPG bottles, whether or not such empty bottles were put in circulation by that distributor, after October 1997, LPG distributors were not permitted to refill third-party bottles. Accordingly, LPG distributors may deliver third-party bottles to a </span><span style="font-size: 10pt;">swapping center where such bottles may be exchanged for bottles placed in circulation by such LPG distributor. The swapping centers </span><span style="font-size: 10pt;">currently charge a</span><span style="font-size: 10pt;">n average</span><span style="font-size: 10pt;"> fee of R$0.70</span><span style="font-size: 10pt;"> (Dec/2</span><span style="font-size: 10pt;">1</span><span style="font-size: 10pt;">)</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">per exchanged LPG bottle.</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt; font-style: italic; font-weight: bold;">Requalification of bottles.</span><span style="font-size: 10pt;"> The lifetime of a bottle depends on several factors, the most important being the exposure of the bottle to corrosion from the atmosphere and whether the bottle has been damaged. The Self-Regulatory Code and ANP regulation provides that all bottles must be requalified after their first 15 years of use, and every ten years thereafter. Each bottle is visually inspected for damage and corrosion to determine if it can be requalified or if it should be scrapped. In the case of bottles which pass the quality and safety checks, several procedures are followed before the bottles are stamped with the year of requalification and the next term in which they are due for requalification.</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt; font-style: italic; font-weight: bold;">Supply of LPG.</span><span style="font-size: 10pt;"> Currently, Ultragaz and all other LPG distributors in Brazil purchase all or nearly all LPG from Petrobras. Ultragaz has a formal contract with Petrobras for the supply of LPG. The procedures for ordering and purchasing LPG from Petrobras are generally common to all LPG distributors, including Ultragaz, and is based on </span><span style="font-size: 10pt;">a </span><span style="font-size: 10pt;">three</span><span style="font-size: 10pt;"> months</span><span style="font-size: 10pt;"> rolling forecast planning. There have been no significant interruptions in the supply of LPG by Petrobras to the distributors since an interruption in 1995 due to a 15-day strike by Petrobras employees.</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt; font-style: italic; font-weight: bold;">Prices of LPG.</span><span style="font-size: 10pt;"> From 2017 on, LPG refinery prices were adjusted more frequently. In the last few years, Petrobras&#8217; practice has been not to immediately reflect in its oil derivatives prices in Brazil the volatility of international prices of oil and oil derivatives. However, in June 2017, the dynamic of LPG prices supplied by the distributors was modified to reflect international price volatility and exchange rate variation</span><span style="font-size: 12pt;">. </span><span style="font-size: 10pt;">In January 2018, the pricing policy for LPG acquisition at refineries was adjusted to soften the transfer of price volatility in the international market to the domestic price. The monitoring period for international prices and currency rates, which dictate the percentages of price adjustment, was the average of the preceding twelve months, rather than monthly variation, and price adjustments became quarterly, rather than monthly. In August 2019, Petrobras terminated the existing policy and</span><span style="font-size: 10pt;">, since then, the price adjustment does not follow a specific periodicity, but tends to follow international </span><span style="font-size: 10pt;">trends</span><span style="font-size: 10pt;">.</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">As a result of the ongoing COVID-19 pandemic,</span><span style="font-size: 10pt;"> and, more recently,</span><span style="font-size: 10pt;"> the</span><span style="font-size: 10pt;"> military conflict involving Russia and Ukraine,</span><span style="font-size: 10pt;"> LPG commodity prices </span><span style="font-size: 10pt;">have experienced significant</span><span style="font-size: 10pt;"> volatility. Petrobras followed this </span><span style="font-size: 10pt;">pattern</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">for domestic LPG prices, reaffirming the international parity price</span><span style="font-size: 10pt;"> policy </span><span style="font-size: 10pt;">for all its fuels, LPG included.</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">LPG prices for bulk and bottled segments were historically different. In November 2019, </span><span style="font-size: 10pt;">price differentiation was ended, which resulted in domestic prices for all segments being converted into one single price, as shown below.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">51</span></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">The following table shows monthly price adjustments for residential and commercial and industrial LPG </span><span style="font-size: 10pt;">for</span><span style="font-size: 10pt;"> the </span><span style="font-size: 10pt;">years ended December 31, 2021</span><span style="font-size: 10pt;">, 2020, and 2019</span><span style="font-size: 10pt;">.</span></span></p>
<p style="margin: 12pt 0pt 0pt;"><br/></p>
<table cellpadding="0" style="height: 536.312px; border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; text-indent: 0px;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; width: 100.022%; height: 17px; text-align: center; border-bottom: 1px solid #000000;" colspan="5"><span style="font-weight: bold;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">%&#160;</span>Petrobras<span style="color: #000000; font-family: 'times new roman', times; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;LPG prices adjustments</span></span></td>
</tr>
<tr>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; width: 16%; text-align: center; border-bottom: 1px solid #000000;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Date</span><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; width: 1.02249%;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; width: 41%; text-align: center; border-bottom: 1px solid #000000;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Residential</span></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; width: 1%;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; width: 41%; text-align: center; border-bottom: 1px solid #000000;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Commercial and Industrial</span></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 18px; margin: 0px; text-indent: 0px; width: 16%; background-color: #cceeff;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Jan-</span><span style="font-size: 10pt;">19</span></span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 18px; width: 1.02249%; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 18px; margin: 0px; text-indent: 0px; width: 41%; background-color: #cceeff;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">-</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 18px; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 18px; margin: 0px; text-indent: 0px; width: 41%; background-color: #cceeff;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">-3.4%</span></p>
</td>
</tr>
<tr style="height: 16px;">
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 16px; margin: 0px; text-indent: 0px; width: 16%;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Feb-19</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 16px; width: 1.02249%;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 16px; margin: 0px; text-indent: 0px; width: 41%;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1.0%</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 16px; width: 1%;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 16px; margin: 0px; text-indent: 0px; width: 41%;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">-3.0%</span></p>
</td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 19px; margin: 0px; text-indent: 0px; width: 16%; background-color: #cceeff;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Mar-19</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 19px; width: 1.02249%; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 19px; margin: 0px; text-indent: 0px; width: 41%; background-color: #cceeff;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">-</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 19px; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 19px; margin: 0px; text-indent: 0px; width: 41%; background-color: #cceeff;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">6.0%</span></p>
</td>
</tr>
<tr style="height: 21px;">
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 21px; margin: 0px; text-indent: 0px; width: 16%;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Apr-19</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 21px; width: 1.02249%;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 21px; margin: 0px; text-indent: 0px; width: 41%;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">-</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 21px; width: 1%;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 21px; margin: 0px; text-indent: 0px; width: 41%;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">6.0%</span></p>
</td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 18px; margin: 0px; text-indent: 0px; width: 16%; background-color: #cceeff;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">May-19</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 18px; width: 1.02249%; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 18px; margin: 0px; text-indent: 0px; width: 41%; background-color: #cceeff;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">3.5%</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 18px; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 18px; margin: 0px; text-indent: 0px; width: 41%; background-color: #cceeff;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">-</span></p>
</td>
</tr>
<tr style="height: 21px;">
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 21px; margin: 0px; text-indent: 0px; width: 16%;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Jul-19</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 21px; width: 1.02249%;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 21px; margin: 0px; text-indent: 0px; width: 41%;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">-</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 21px; width: 1%;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 21px; margin: 0px; text-indent: 0px; width: 41%;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">-9.8%</span></p>
</td>
</tr>
<tr style="height: 20px; background-color: #cceeff;">
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 20px; margin: 0px; text-indent: 0px; width: 16%; background-color: #cceeff;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Aug-19</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 20px; width: 1.02249%; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 20px; margin: 0px; text-indent: 0px; width: 41%; background-color: #cceeff;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">-8.2%</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 20px; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 20px; margin: 0px; text-indent: 0px; width: 41%; background-color: #cceeff;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">-13.5%</span></p>
</td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 19px; margin: 0px; text-indent: 0px; width: 16%;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Oct-19</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 19px; width: 1.02249%;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 19px; margin: 0px; text-indent: 0px; width: 41%;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">5.0%</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 19px; width: 1%;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 19px; margin: 0px; text-indent: 0px; width: 41%;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">3.0%</span></p>
</td>
</tr>
<tr style="height: 21px; background-color: #cceeff;">
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 21px; margin: 0px; text-indent: 0px; width: 16%; background-color: #cceeff;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Nov-19</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 21px; width: 1.02249%; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 21px; margin: 0px; text-indent: 0px; width: 41%; background-color: #cceeff;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">4.0%</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 21px; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 21px; margin: 0px; text-indent: 0px; width: 41%; background-color: #cceeff;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">0.6%</span></p>
</td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 18px; margin: 0px; text-indent: 0px; width: 16%;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Dec-19</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 18px; width: 1.02249%;"><br/></td>
<td colspan="3" style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 18px; margin: 0px; text-indent: 0px; width: 83%;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">5.0%</span></p>
</td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 18px; margin: 0px; text-indent: 0px; width: 16%; background-color: #cceeff;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Feb-20</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 18px; width: 1.02249%; background-color: #cceeff;"><br/></td>
<td colspan="3" style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 18px; margin: 0px; text-indent: 0px; width: 83%; background-color: #cceeff;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">-2.9%</span></p>
</td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 19px; margin: 0px; text-indent: 0px; width: 16%;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Mar-20</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 19px; width: 1.02249%;"><br/></td>
<td colspan="3" style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 19px; margin: 0px; text-indent: 0px; width: 83%;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">-20.1%</span></p>
</td>
</tr>
<tr style="height: 20px; background-color: #cceeff;">
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 20px; margin: 0px; text-indent: 0px; width: 16%; background-color: #cceeff;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">May-20</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 20px; width: 1.02249%; background-color: #cceeff;"><br/></td>
<td colspan="3" style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 20px; margin: 0px; text-indent: 0px; width: 83%; background-color: #cceeff;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">5.0%</span></p>
</td>
</tr>
<tr style="height: 20px;">
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 20px; margin: 0px; text-indent: 0px; width: 16%;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Jun-20</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 20px; width: 1.02249%;"><br/></td>
<td colspan="3" style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 20px; margin: 0px; text-indent: 0px; width: 83%;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">5.3% and 5.0%</span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px; width: 16%; background-color: #cceeff;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Jul-20</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 17px; width: 1.02249%; background-color: #cceeff;"><br/></td>
<td colspan="3" style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px; width: 83%; background-color: #cceeff;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">5.0%</span></p>
</td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 18px; margin: 0px; text-indent: 0px; width: 16%;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Aug-20</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 18px; width: 1.02249%;"><br/></td>
<td colspan="3" style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 18px; margin: 0px; text-indent: 0px; width: 83%;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">10.0%</span></p>
</td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 19px; margin: 0px; text-indent: 0px; width: 16%; background-color: #cceeff;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Oct-20</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 19px; width: 1.02249%; background-color: #cceeff;"><br/></td>
<td colspan="3" style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 19px; margin: 0px; text-indent: 0px; width: 83%; background-color: #cceeff;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">5.0%</span></p>
</td>
</tr>
<tr style="height: 20px;">
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 20px; margin: 0px; text-indent: 0px; width: 16%;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Nov-20</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 20px; width: 1.02249%;"><br/></td>
<td colspan="3" style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 20px; margin: 0px; text-indent: 0px; width: 83%;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">5.0%</span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px; width: 16%; background-color: #cceeff;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Dec-20</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 17px; width: 1.02249%; background-color: #cceeff;"><br/></td>
<td colspan="3" style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px; width: 83%; background-color: #cceeff;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">5.5%</span></p>
</td>
</tr>
<tr style="height: 21px;">
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 21px; margin: 0px; text-indent: 0px; width: 16%;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Jan-21</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 21px; width: 1.02249%;"><br/></td>
<td colspan="3" style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 21px; margin: 0px; text-indent: 0px; width: 83%;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">6</span><span style="font-size: 10pt;">.0%</span></span></p>
</td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 18px; margin: 0px; text-indent: 0px; width: 16%; background-color: #cceeff;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Feb-21</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 18px; width: 1.02249%; background-color: #cceeff;"><br/></td>
<td colspan="3" style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 18px; margin: 0px; text-indent: 0px; width: 83%; background-color: #cceeff;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">5.0%</span></p>
</td>
</tr>
<tr style="height: 20px;">
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 20px; margin: 0px; text-indent: 0px; width: 16%;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Mar-21</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 20px; width: 1.02249%;"><br/></td>
<td colspan="3" style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 20px; margin: 0px; text-indent: 0px; width: 83%;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">5.0%</span></p>
</td>
</tr>
<tr style="height: 22px; background-color: #cceeff;">
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 22px; margin: 0px; text-indent: 0px; width: 16%; background-color: #cceeff;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">A</span><span style="font-size: 10pt;">p</span><span style="font-size: 10pt;">r-21</span></span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 22px; width: 1.02249%; background-color: #cceeff;"><br/></td>
<td colspan="3" style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 22px; margin: 0px; text-indent: 0px; width: 83%; background-color: #cceeff;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">5.0%</span></p>
</td>
</tr>
<tr style="height: 20px;">
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 20px; margin: 0px; text-indent: 0px; width: 16%;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Jun-21</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 20px; width: 1.02249%;"><br/></td>
<td colspan="3" style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 20px; margin: 0px; text-indent: 0px; width: 83%;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">6.0%</span></p>
</td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 19px; margin: 0px; text-indent: 0px; width: 16%; background-color: #cceeff;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Jul-21</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 19px; width: 1.02249%; background-color: #cceeff;"><br/></td>
<td colspan="3" style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 19px; margin: 0px; text-indent: 0px; width: 83%; background-color: #cceeff;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">6.0%</span></p>
</td>
</tr>
<tr style="height: 22px;">
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 22px; margin: 0px; text-indent: 0px; width: 16%;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Oct-21</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 22px; width: 1.02249%;"><br/></td>
<td colspan="3" style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 22px; margin: 0px; text-indent: 0px; width: 83%;">
<p style="margin: 0px; break-after: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">7.0%</span></p>
</td>
</tr>
</tbody>
</table>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">The following table shows a comparison between Petrobras</span><span style="font-size: 10pt;">&#8217;</span><span style="font-size: 10pt;"> average price</span><span style="font-size: 10pt;">s and</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">i</span><span style="font-size: 10pt;">nternational</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">p</span><span style="font-size: 10pt;">arity</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">p</span><span style="font-size: 10pt;">rice</span><span style="font-size: 10pt;">s</span><span style="font-size: 10pt;"> (</span><span style="font-size: 10pt;">R</span><span style="font-size: 10pt;">$ per ton)</span><span style="font-size: 10pt;"> on yearly basis</span><span style="font-size: 10pt;">:</span></span></p>
<p style="margin: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 62px;" width="80%">
<tbody>
<tr style="height: 11px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 11px; border-bottom: 1px solid #000000; width: 31.4928%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;">Year</span></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 11px; width: 1.63599%;"><br/></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 11px; border-bottom: 1px solid #000000; width: 32.6176%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;">Petrobras avg price</span></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 11px; width: 1.53374%;"><br/></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 11px; border-bottom: 1px solid #000000; width: 32.6176%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;">International parity price</span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; background-color: #cceeff; height: 17px; width: 31.4928%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2019</span></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.63599%;"><br/></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; background-color: #cceeff; height: 17px; width: 32.6176%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2,134</span></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.53374%;"><br/></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; background-color: #cceeff; height: 17px; width: 32.6176%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1,612</span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 17px; width: 31.4928%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2020</span></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 17px; width: 1.63599%;"><br/></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 17px; width: 32.6176%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2,139</span></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 17px; width: 1.53374%;"><br/></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 17px; width: 32.6176%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1,893</span></p>
</td>
</tr>
<tr style="background-color: #cceeff; height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; background-color: #cceeff; height: 17px; width: 31.4928%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2021</span></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.63599%;"><br/></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; background-color: #cceeff; height: 17px; width: 32.6176%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">3,452</span></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.53374%;"><br/></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; background-color: #cceeff; height: 17px; width: 32.6176%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">3,477</span></p>
</td>
</tr>
</tbody>
</table>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt; font-style: italic; font-weight: bold;">Storage of LPG.</span><span style="font-size: 10pt;"> On December</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">31, 2021, Ultragaz&#8217;s storage</span><span style="font-size: 10pt;"> capacity was approximately </span><span style="font-size: 10pt;">20.8</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">thousand tons, including Uting&#225;s&#8217; sto</span><span style="font-size: 10pt;">rage capacity. Based on its 2021</span><span style="font-size: 10pt;"> average LPG sales, Ultrag</span><span style="font-size: 10pt;">az could store approximately 3.</span><span style="font-size: 10pt;">7</span><span style="font-size: 10pt;"> days of LPG supply.&#160;</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Ultragaz stores its LPG in large tanks at each of its filling plants located throughout the regions in which it operates. Primary filling plants receive LPG directly from </span><span style="font-size: 10pt;">refineries and processing units</span><span style="font-size: 10pt;"> by pipeline; secondary filling plants are supplied by truck; and satellite plants primarily hold LPG which is used to fill bob-tail trucks for small bulk distribution to customers that are not located near a primary or secondary filling plant. See &#8220;Item 4.D. Information on the Company &#8212; Property, Plants and Equipment</span><span style="font-size: 10pt;">.&#8221;</span><span style="font-size: 10pt;"> </span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">52</span></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt; font-style: italic; font-weight: bold;">Competition. </span><span style="font-size: 10pt;">Ultragaz&#8217;s main competitors are:</span></span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Liquig&#225;s, which was owned by Petrobras until December 2020, </span><span style="font-size: 10pt;">when it </span><span style="font-size: 10pt;">was</span><span style="font-size: 10pt;"> acquired by a consortium formed by Ita&#250;sa S.A., Copagaz, Nacional G&#225;s and Fog&#225;s, </span><span style="font-size: 10pt;">and has been operating in the Brazilian LPG distribution sector for more than 60 years;</span></span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Supergasbras, formed by the merger of Minasg&#225;s S.A., founded in 1955, and Supergasbras S.A., founded in 1946, and controlled by SHV Energy, a major multinational LPG distributor; and</span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Nacional G&#225;s, a Brazilian LPG distributor, which has been present in the market for more than 60 years.</span></li>
</ul>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The following table sets forth the market share of Ultragaz and its competitors in terms of volume according to ANP:</span></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 12pt;">&#160;</span></p>
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<th colspan="3" style="padding-left: 7.2pt; vertical-align: bottom; height: 15px; border-bottom: 1px solid #000000;">
<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">Year</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">ended</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">December</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">31,</span> </span></p>
<p style="border-top-color: #000000; border-top-width: 1pt; line-height: 1pt; margin: 0pt; padding-top: 1pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;">&#160;</span></p>
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<p style="margin: 0px; break-after: avoid; text-indent: 0px; text-align: left;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">LPG Distributor</span></p>
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<th style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000;">
<p style="font-size: 8pt; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">2021</span></p>
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<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">2020</span> </span></p>
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<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Ultragaz</span><span style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: right; width: 10%;"><span style="font-family: 'times new roman', times; font-size: 10pt;">23.1%</span></td>
<td style="padding-left: 0px; vertical-align: bottom; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: right; height: 17px; width: 1%;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: right; width: 10%;"><span style="font-family: 'times new roman', times; font-size: 10pt;">23.1%</span></td>
<td style="padding-left: 0px; vertical-align: bottom; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: right; height: 17px; width: 1%;"><br/></td>
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<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Copa Energia (Liquig&#225;s + Copagaz)</span><span style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">25.7%</span></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: right; height: 17px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">30.0%</span></td>
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<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Nacional G&#225;s Butano</span><span style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">21.3%</span></td>
<td style="padding-left: 0px; vertical-align: bottom; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: right; height: 17px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">18.5%</span></td>
<td style="padding-left: 0px; vertical-align: bottom; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: right; height: 17px;"><br/></td>
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<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Supergasbras</span><span style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">20.6%</span></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: right; height: 17px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">20.0%</span></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: right; height: 17px;"><br/></td>
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<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Others</span><span style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: right; border-bottom: 1px solid #000000;"><span style="font-family: 'times new roman', times; font-size: 10pt;">9.3%</span></td>
<td style="padding-left: 0px; vertical-align: bottom; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: right; height: 17px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: right; border-bottom: 1px solid #000000;"><span style="font-family: 'times new roman', times; font-size: 10pt;">8.5%</span></td>
<td style="padding-left: 0px; vertical-align: bottom; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: right; height: 17px;"><br/></td>
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<td style="vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt; font-weight: bold;">Total</span><span style="font-size: 10pt; font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></span></p>
</td>
<td style="vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: right; border-bottom: 2.8pt double #000000;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">100.0%</span></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: right; height: 17px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: right; border-bottom: 2.8pt double #000000;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">100.0%</span></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: right; height: 17px;"><br/></td>
</tr>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Considering that the bottled market for LPG is mature with relatively low consumption growth, the competition is largely based upon attempts by LPG distributors to increase market share at the expense of their competitors. Since </span><span style="font-size: 10pt; font-style: italic;">per capita</span><span style="font-size: 10pt;"> consumption is small, low distribution cost is the critical factor in dictating profitability. Therefore, LPG distributors largely compete based on efficiencies in distribution and delivery as all LPG distributors currently purchase nearly all their LPG requirements from Petrobras, and as Petrobras&#8217; refinery price charged to the distributors is the same to all LPG distributors. Ultragaz&#8217;s main markets, including the cities of S&#227;o Paulo, Salvador and Recife, are highly populated areas and therefore distribution to this market can be carried out with great economies of scale resulting in lower distribution costs to Ultragaz. Additionally, Ultragaz benefits from low bulk LPG distribution costs. </span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In addition to competing with other LPG distributors, Ultragaz competes with companies that offer alternative energy sources to LPG, mainly natural gas, and other sources such as wood, diesel, fuel oil and electricity. Natural gas is currently the principal source of energy against which we compete. The supply of natural gas requires significant investments in pipelines. While fuel oil is less expensive than LPG, LPG has performance and environmental advantages over fuel oil in most uses. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">In 2019, the Brazilian LPG market decreased by 0.3% compared to 2018. The bottled segment decreased by 0.5%, and the bulk segment increased by 0.4%. In 2020, the Brazilian LPG market increased 2.9% compared to 2019. The bottled segment increased by 3.8%, due to the lockdown effect of COVID-19, and the bulk segment remained stable. In 2021, the Brazilian LPG market decreased 1.1% compared to 2020</span><span style="font-size: 10pt;"> while the</span><span style="font-size: 10pt;"> bottled segment decreased by 3.3%, due to </span><span style="font-size: 10pt;">the lift of many</span><span style="font-size: 10pt;"> COVID-19 restrictions and </span><span style="font-size: 10pt;">an ease on </span><span style="font-size: 10pt;">lockdowns. On the other hand, the bulk segment increased 7.1% </span><span style="font-size: 10pt;">in 2021 as compared to 2020, mainly </span><span style="font-size: 10pt;">due to the economic recovery.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">53</span></td>
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<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In 2020, Liquig&#225;s, the second biggest LPG distributor of Brazil, was bought by Ita&#250;sa, Copagaz, Nacional G&#225;s Butano and Fog&#225;s. The buyers initially own, respectively, 79%, 20% and 1% of Liquig&#225;s current assets and customers, according to Sindig&#225;s. The following graph shows LPG sales volume for the Brazilian market and Ultragaz for the periods indicated.</span></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 12pt;">&#160;</span></p>
<p style="margin: 0pt;"><img src="img48b089f3538149eab33e.jpg" style="display: block; margin-left: auto; margin-right: auto;" alt="Graphics"></img></p>
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<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt;">Source: ANP</span></p>
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<div>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt; font-style: italic; font-weight: bold;">Quality</span><span style="font-size: 10pt; font-weight: bold;">.</span><span style="font-size: 10pt;"> We were the first Brazilian LPG distributor to receive ISO (International Standards Organization) certification for excellence in quality management, the first LPG distributor in Brazil to receive the state of S&#227;o Paulo Quality Award (</span><span style="font-size: 10pt; font-style: italic;">Pr&#234;mio Paulista de Qualidade</span><span style="font-size: 10pt;">), a recognized quality award in Brazil, and the Best in Management, the highest quality management award in Brazil. We started the search for continuous improvement of processes more effectively, delivering value to the customer through a lean culture.&#160;</span></span></p>
</div>
<div>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt; font-style: italic; font-weight: bold;">Income tax exemption status.</span><span style="font-size: 10pt;"> Brazilian legislation provides a 75% income tax reduction for businesses located in the Northeast region of Brazil, which depends </span><span style="font-size: 10pt;">on</span><span style="font-size: 10pt;"> SUDENE&#8217;s formal and previous approval. Ultragaz is entitled to this tax benefit at its filling plants located at Mataripe, Caucaia, Juazeiro, Aracaju and Suape until 2024, 2025, 2026, 2027 and 2027, respectively. The total amount of SUDENE&#8217;s income tax exemption for </span><span style="font-size: 10pt;">the </span><span style="font-size: 10pt;">Ultragaz </span><span style="font-size: 10pt;">segment </span><span style="font-size: 10pt;">for the years ended December</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">31, 2021</span><span style="font-size: 10pt;">, </span><span style="font-size: 10pt;">2020 </span><span style="font-size: 10pt;">and </span><span style="font-size: 10pt;">2019 </span><span style="font-size: 10pt;">was R$19</span><span style="font-size: 10pt;">.</span><span style="font-size: 10pt;">7</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">million</span><span style="font-size: 10pt;">,</span><span style="font-size: 10pt;"> R$23</span><span style="font-size: 10pt;">.</span><span style="font-size: 10pt;">1</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">million</span><span style="font-size: 10pt;"> and R$17.1 million</span><span style="font-size: 10pt;">, respectively. For further information, see </span><span style="font-size: 10pt;">N</span><span style="font-size: 10pt;">ote 10.c to our consolidated financial statements.</span></span></p>
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<li style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold; margin: 18pt 0pt 0pt 32.17pt; padding-left: 3.83pt; page-break-after: avoid; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Storage services for liquid bulk </span></li>
</ol>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Port infrastructure and efficiency are key factors in economic development, especially to international and regional trade development. In Brazil, the most common port management system is the Landlord Port model. Under this model, terminals are leased to private companies through concession agreements. Companies are granted long-term leases, associated with rights to operate the terminal, in exchange for fixed and/or variable payments. Under the Landlord </span><span style="font-size: 10pt;">P</span><span style="font-size: 10pt;">ort model, the Public Port is responsible for maintenance and investments in infrastructure and for acting as a local regulator, whereas the private companies are responsible for maintenance and investments in superstructure and for providing storage services to users.</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Port infrastructure and services in Brazil are regulated by the federal agency ANTAQ (</span><span style="font-size: 10pt; font-style: italic;">Ag&#234;ncia Nacional dos Transportes Aquavi&#225;rios</span><span style="font-size: 10pt;">), which was created in 2001 to implement, regulate and enforce guidelines established by the </span><span style="font-size: 10pt;">I</span><span style="font-size: 10pt;">nfrastructure </span><span style="font-size: 10pt;">M</span><span style="font-size: 10pt;">inistry. The agency dedicates efforts to ensure an adequate level of competition, tariffs, and to balance the interests of clients and service providers. The port administration and supervision of operators is regionally performed by a local port authority.</span></span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">The Brazilian </span><span style="font-size: 10pt;">I</span><span style="font-size: 10pt;">nfrastructure </span><span style="font-size: 10pt;">M</span><span style="font-size: 10pt;">inistry classifies cargo into the following categories, according to the National Port Logistic Plan (PNLP):</span></span></p>
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<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Solid bulk: sugar, soil beans, corn, lumber, cereals;</span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Mineral solid bulk: fertilizer, coal, metals, salt;</span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Liquid bulk (fuel and chemicals)</span><span style="font-size: 10pt;">:</span><span style="font-size: 10pt;"> oil, alcohol, chemicals, fuel;</span></span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Liquid bulk (vegetable): oil, food, juice;</span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Containerized and general cargo: machines, equipment, furniture, food, clothing, vehicles, livestock.</span></li>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">According to </span><span style="font-size: 10pt;">the</span><span style="font-size: 10pt;"> information presented by the Brazilian </span><span style="font-size: 10pt;">I</span><span style="font-size: 10pt;">nfrastructure </span><span style="font-size: 10pt;">M</span><span style="font-size: 10pt;">inistry, in 2018</span><span style="font-size: 10pt;"> (</span><span style="font-size: 10pt;">latest</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">data available)</span><span style="font-size: 10pt;">, solid bulk accounted for 64% of all cargo handled in Brazilian ports, followed by liquid bulk (21%) and containerized and general cargo (15%). </span><span style="font-size: 10pt;">The PNLP projects that by 2060, the participation of liquid bulk is expected to rise to 24%.</span></span></p>
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<p style="margin: 6pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">Ultracargo</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Ultracargo is the largest private provider of liquid bulk storage in Brazil. </span><span style="font-size: 10pt;">The company stores and handles liquid bulk, mainly fuels, chemicals and vegetable oils. Ultracargo also offers ship loading and unloading services, operation of pipelines, logistics programming and installation engineering. Ultracargo&#8217;s ten largest clients accounted for 6</span><span style="font-size: 10pt;">7</span><span style="font-size: 10pt;">% of its revenues in 202</span><span style="font-size: 10pt;">1</span><span style="font-size: 10pt;">, with its three largest clients, Ipiranga (a related party), Braskem </span><span style="font-size: 10pt;">and </span><span style="font-size: 10pt;">Vibra</span><span style="font-size: 10pt;">,</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">accounting for 14%, 12% and </span><span style="font-size: 10pt;">10</span><span style="font-size: 10pt;">%, respectively, of Ultracargo&#8217;s revenues.</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt; font-style: italic; font-weight: bold;">Terminal infrastructure</span><span style="font-size: 10pt; font-weight: bold;">.</span><span style="font-size: 10pt;"> As of December 31, 202</span><span style="font-size: 10pt;">1</span><span style="font-size: 10pt;">, Ultracargo operated </span><span style="font-size: 10pt;">7</span><span style="font-size: 10pt;"> terminals, along the Brazilian coast, with a total capacity of </span><span style="font-size: 10pt;">98</span><span style="font-size: 10pt;">3 thousand cubic meters.</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultracargo&#8217;s strategic location of its operations, close to the main Brazilian port terminals, railroad junctions and roads, is one of the company&#8217;s main strengths and a key driver for integrated services profitability. Ultracargo&#8217;s history is one of pioneering logistics solutions in the Brazilian market.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">The following table sets forth the volumes sold at Ultracargo&#8217;s port terminals during 202</span><span style="font-size: 10pt;">1</span><span style="font-size: 10pt;">.&#160;</span></span></p>
<p style="margin: 0pt 0pt 0pt 18.35pt; text-indent: -18.35pt;"><span style="font-family: 'times new roman', times; font-size: 8pt;">&#160;</span></p>
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<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Facility</span></p>
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<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times;"><span style="font-size: 8pt; font-weight: bold;">Volume sold (in thousand</span><span style="font-size: 8pt; font-weight: bold;"> </span></span></p>
<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">cubic meters)</span></p>
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<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Santos (</span><span style="font-size: 10pt;">state of </span><span style="font-size: 10pt;">S&#227;o Paulo)</span></span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">3,</span><span style="font-size: 10pt;">736</span></span></p>
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<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Aratu (</span><span style="font-size: 10pt;">state of </span><span style="font-size: 10pt;">Bahia)</span></span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">2,7</span><span style="font-size: 10pt;">7</span><span style="font-size: 10pt;">8</span></span></p>
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<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Suape (</span><span style="font-size: 10pt;">state of </span><span style="font-size: 10pt;">Pernambuco)</span></span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">2,</span><span style="font-size: 10pt;">576</span></span></p>
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<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Itaqui (</span><span style="font-size: 10pt;">state of </span><span style="font-size: 10pt;">Maranh&#227;o)</span></span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">3</span><span style="font-size: 10pt;">,</span><span style="font-size: 10pt;">026</span></span></p>
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<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Rio de Janeiro (</span><span style="font-size: 10pt;">state of </span><span style="font-size: 10pt;">Rio de Janeiro)</span></span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">2</span><span style="font-size: 10pt;">14</span></span></p>
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<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Paranagu&#225; (</span><span style="font-size: 10pt;">state of </span><span style="font-size: 10pt;">Paran&#225;)</span></span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">216</span></p>
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<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Total</span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-weight: bold;"><span style="font-size: 10pt;">12,</span><span style="font-size: 10pt;">545</span></span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt; font-style: italic; font-weight: bold;">Regulation</span><span style="font-size: 10pt; font-weight: bold;">.</span><span style="font-size: 10pt;"> Seaport infrastructure and services in Brazil are regulated by a federal agency named ANTAQ, which was created in 2001 to implement, regulate and enforce guidelines established by the </span><span style="font-size: 10pt;">I</span><span style="font-size: 10pt;">nfrastructure </span><span style="font-size: 10pt;">M</span><span style="font-size: 10pt;">inistry. The agency dedicates efforts to ensure an adequate level of competition, tariffs, and to balance the interests of clients and service providers.</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt; font-style: italic; font-weight: bold;">Storage facilities</span><span style="font-size: 10pt; font-weight: bold;">.</span><span style="font-size: 10pt;"> Ultracargo primarily provides storage services for liquid bulk, especially fuels, chemicals and vegetable oils. Ultracargo provides storage facilities to Braskem and most of the second-generation petrochemical companies in the </span><span style="font-size: 10pt;">Northeastern Petrochemical Complex, including Oxiteno (a related party</span><span style="font-size: 10pt;"> as of December 31, 2021</span><span style="font-size: 10pt;">). Transactions between Ultracargo and Oxiteno are carried out strictly on an arm&#8217;s-length basis.</span></span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">At the end of 2003, Ultracargo maintained four liquid bulk storage terminals</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">&#8212;</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">in Aratu in the state of Bahia, in Paul&#237;nia and Santos in the state of S&#227;o Paulo, and in Suape in the state of Pernambuco. In 2004, Ultracargo completed the construction of an intermodal terminal in Montes Claros, in the state of Minas Gerais, which was sold to Ipiranga in 2012.</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Ultracargo completed the construction of another intermodal terminal in Santos in 2005. This project is Ultracargo&#8217;s second port installation to integrate road, rail and maritime transportation systems, the first being Aratu. The terminal occupies an area of approximately 64</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">thousand square meters that hosts 38</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">thousand cubic meters of tankage space for chemical products, 40</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">thousand cubic meters for ethanol and 38</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">thousand cubic meters for vegetable oils. In 2007, Ultracargo also expanded its liquid storage capacity with the addition of 10</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">thousand cubic meters to Aratu.</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">In 2008, Ultracargo added 184</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">thousand cubic meters to its liquid bulk storage capacity through: (i)</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">the acquisition of Uni&#227;o Terminais, which added 170</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">thousand cubic meters and (ii)</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">the expansion of its terminal in Aratu, adding 14</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">thousand cubic meters. In 2009, Ultracargo added 95</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">thousand cubic meters to its liquid bulk storage capacity through (i)</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">the acquisition of Puma&#8217;s assets in Suape, adding 83</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">thousand cubic meters and (ii)</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">the expansion of its terminal in Aratu, adding 12</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">thousand cubic meters. With the acquisition of Uni&#227;o Terminais, Ultracargo started to operate in Paranagu&#225;, in the state of Paran&#225;, and in Rio de Janeiro, in the state of Rio de Janeiro</span><span style="font-size: 10pt;">.</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">In 2010, Ultracargo added 16</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">thousand cubic meters to its liquid bulk storage in the terminal of Santos. Additionally, in 2010, Ultrapar sold Ultracargo&#8217;s in-house logistics, solid bulk storage and road transportation businesses, with the transfer of shares of AGT and Petrolog to Aqces </span><span style="font-size: 10pt;">Log&#237;stica Internacional Ltda</span><span style="font-size: 10pt;">. </span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">In 2011, Ultracargo added 26</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">thousand cubic meters to its liquid bulk storage capacity in the Suape terminal.</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">In 2012, Ultracargo added 55</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">thousand cubic meters to its liquid bulk storage capacity through the acquisition of a terminal in Itaqui, in the state of Maranh&#227;o.</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">In 2013, Ultracargo concluded an expansion in the terminal of Santos, adding 46</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">thousand cubic meters (42</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">thousand cubic meters in 2012 and 4</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">thousand cubic meters in 2013), and in the terminal of Aratu, adding 26</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">thousand cubic meters (4</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">thousand cubic meters in 2012 and 22</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">thousand cubic meters in 2013). This project was part of Ultracargo&#8217;s expansion plan started in 2010 and increased its total storage capacity by 15%.</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In 2015, Ultracargo&#8217;s terminal in Paul&#237;nia was permanently closed and, in 2017, it was sold to a third party.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">In 2019, Ultracargo&#8217;s operational capacity in Santos increased by 84 thousand cubic meters as a result of the retrofit of 38 thousand in July and the repair of 46 thousand cubic meters in September 2019. In October 2019, Ultracargo added 30 thousand cubic meters to Itaqui&#8217;s capacity through the implementation of the first phase, out of three phases, of its expansion. Also, in 2019, Ultracargo won a bid for a greenfield terminal in Vila do Conde&#8217;s port, located in Barcarena, state of Par&#225;. Vila do Conde is considered a strategic position for Ultracargo, since it will allow the company to meet the increasing demand for fuel at the state of Par&#225;. </span><span style="font-size: 10pt;">Ultracargo incorporated Tequimar Vila do Conde Log&#237;stica Portu&#225;ria S.A. in 2019 in connection with Vila do Conde&#8217;s concession. </span><span style="font-size: 10pt;">See &#8220;Item 4.A. Information on the Company &#8212; History and Development of the Company &#8212;</span><span style="font-size: 10pt;"> A.1 Continuing Operations&#8212;</span><span style="font-size: 10pt;"> Ultracargo</span><span style="font-size: 10pt;">.&#8221;</span><span style="font-size: 10pt;"> </span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In 2020, Ultracargo&#8217;s operational capacity in Itaqui increased by 24 thousand cubic meters (8 thousand in February, 10 thousand in March, and 6 thousand in July), through the full implementation of the second phase and beginning of the third phase of its expansion. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Ultracargo adopted in 2020 two innovative and strategic initiatives: C</span><span style="font-size: 10pt;">onecta</span><span style="font-size: 10pt;">, a digital transformation program designed to develop and improve processes across the various areas of the company and enhance operational efficiency based on a new software architecture; and S</span><span style="font-size: 10pt;">oul</span><span style="font-size: 10pt;">, a new operational management model designed to optimize the terminal&#8217;s operations. </span><span style="font-size: 10pt;">In</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">2021, the company concluded the implementation of Conecta </span><span style="font-size: 10pt;">at</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">the terminals of Itaqui, Suape, Vila do Conde and at </span><span style="font-size: 10pt;">its</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">headquarters. </span><span style="font-size: 10pt;">The implementation</span><span style="font-size: 10pt;"> is expected to be concluded </span><span style="font-size: 10pt;">in all terminals until the end of the first </span><span style="font-size: 10pt;">semester</span><span style="font-size: 10pt;"> of 2022</span><span style="font-size: 10pt;">.</span><span style="font-size: 10pt;"> Another </span><span style="font-size: 10pt;">initiative</span><span style="font-size: 10pt;"> developed throughout the year was Soul, which</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">already demonstrate</span><span style="font-size: 10pt;">s</span><span style="font-size: 10pt;"> notable gains related to continuous improvement in processes and management methods, </span><span style="font-size: 10pt;">in addition to</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">reduction in waste and optimization of operational processes, and increased productivity and safety standard</span><span style="font-size: 10pt;">s</span><span style="font-size: 10pt;">.</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Also i</span><span style="font-size: 10pt;">n 2021, Ultracargo </span><span style="font-size: 10pt;">accomplished several milestones related to </span><span style="font-size: 10pt;">its</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">expansion </span><span style="font-size: 10pt;">plan, consolidating </span><span style="font-size: 10pt;">its position </span><span style="font-size: 10pt;">and leadership </span><span style="font-size: 10pt;">in the liquid bulk market. In </span><span style="font-size: 10pt;">April</span><span style="font-size: 10pt;">, the company won the public auction to operate in the IQI13 area </span><span style="font-size: 10pt;">at</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">the Itaqui port, where the company already operates and is </span><span style="font-size: 10pt;">the market </span><span style="font-size: 10pt;">leader. The new area </span><span style="font-size: 10pt;">initially increased</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">Ultracargo</span><span style="font-size: 10pt;">&#8217;s total capacity </span><span style="font-size: 10pt;">by</span><span style="font-size: 10pt;"> 79 thousand cubic meters. </span><span style="font-size: 10pt;">Throughout 2021 Ultracargo concluded</span><span style="font-size: 10pt;"> the phase 3 expansion </span><span style="font-size: 10pt;">at the</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">Itaqui terminal</span><span style="font-size: 10pt;">, which further</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">increas</span><span style="font-size: 10pt;">ed</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">its</span><span style="font-size: 10pt;"> total capacity </span><span style="font-size: 10pt;">by</span><span style="font-size: 10pt;"> 46 thousand cubic meters. As </span><span style="font-size: 10pt;">a </span><span style="font-size: 10pt;">result, </span><span style="font-size: 10pt;">Ultracargo</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">currently has a capacity of</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">155 thousand cubic meters to operate in </span><span style="font-size: 10pt;">such a</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">port. </span><span style="font-size: 10pt;">At</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">Vila do Conde</span><span style="font-size: 10pt;"> terminal</span><span style="font-size: 10pt;">, </span><span style="font-size: 10pt;">Ultracargo </span><span style="font-size: 10pt;">started its operation </span><span style="font-size: 10pt;">in December</span><span style="font-size: 10pt;"> 2021</span><span style="font-size: 10pt;">, </span><span style="font-size: 10pt;">with a total </span><span style="font-size: 10pt;">capacity </span><span style="font-size: 10pt;">of 110 thousand cubic meters. Ultracargo</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">currently is the only provider of storage services </span><span style="font-size: 10pt;">for liquid bulk </span><span style="font-size: 10pt;">at this port</span><span style="font-size: 10pt;">, which marks an important step in the expansion plan for the </span><span style="font-size: 10pt;">N</span><span style="font-size: 10pt;">orth region.</span></span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt; font-style: italic; font-weight: bold;">Competition. </span><span style="font-size: 10pt;">Ultracargo remains among the leaders in all the ports in which we operate. According to ABLT, our market share in product storage in 2021 was 100% in Rio de Janeiro, 68% in Aratu, 55% in Itaqui, 37% in Suape, and 20% in Santos. </span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultracargo operates in a highly regulated and capital-intensive market. Terminal lease contracts are usually long term, as well as contracts with clients. Port competitiveness and overall structure are important factors to determine the most efficient route for each product. At the same time, the terminal&#8217;s operational efficiency, quality of service, capacity, and price level are factors to determine which operator will be more competitive within the port.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Ultracargo&#8217;s main competitors are:</span><span style="font-size: 10pt; font-style: italic; font-weight: bold;"> </span></span></p>
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<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Cattalini, which is the largest liquid bulk operator in the Paranagu&#225; port, with 610 thousand cubic meters of storage capacity;</span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ageo, which is the largest liquid bulk operator in the Santos port, with 510 thousand cubic meters of storage capacity;</span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Vopak, which is one of the world leaders in tank storage. Vopak operates terminals in Santos</span><span style="font-size: 10pt;"> and</span><span style="font-size: 10pt;"> Aratu</span><span style="font-size: 10pt;">.</span></span></li>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">The following table sets forth the market share of Ultracargo and its competitors in terms of volume handled according to ABTL in 202</span><span style="font-size: 10pt;">1</span><span style="font-size: 10pt;">:</span></span></p>
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<p style="margin: 0pt; break-after: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Market share &#8211; Volume handled (tons)</span></p>
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<p style="margin: 0pt; page-break-after: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultracargo</span></p>
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<p style="margin: 0pt; page-break-after: avoid; text-align: center;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">24.</span><span style="font-size: 10pt;">9</span><span style="font-size: 10pt;">%</span></span></p>
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<p style="margin: 0pt; page-break-after: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Cattalini</span></p>
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<p style="margin: 0pt; page-break-after: avoid; text-align: center;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">1</span><span style="font-size: 10pt;">5</span><span style="font-size: 10pt;">.</span><span style="font-size: 10pt;">8</span><span style="font-size: 10pt;">%</span></span></p>
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<p style="margin: 0pt; page-break-after: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ageo-Copage</span></p>
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<p style="margin: 0pt; page-break-after: avoid; text-align: center;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">1</span><span style="font-size: 10pt;">3</span><span style="font-size: 10pt;">.2%</span></span></p>
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<p style="margin: 0pt; page-break-after: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Odfjell</span></p>
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<p style="margin: 0pt; page-break-after: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">8.7%</span></p>
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<p style="margin: 0pt; page-break-after: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Vopak</span></p>
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<p style="margin: 0pt; page-break-after: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">8.3%</span></p>
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<p style="margin: 0pt; page-break-after: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">TFB S/A</span></p>
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<p style="margin: 0pt; page-break-after: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">6.6%</span></p>
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<p style="margin: 0pt; page-break-after: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Others*</span></p>
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<p style="margin: 0pt; page-break-after: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">22.5%</span></p>
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<p style="margin: 0px; break-after: avoid; text-indent: 0px; padding-left: 30px;"><span style="font-family: 'times new roman', times; font-size: 7pt;">* Others: Oiltanking, Adonai, APPA, CBL, Pandenor, Stolthaven, Temape and Terin.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt; font-style: italic; font-weight: bold;">Maintenance and quality control</span><span style="font-size: 10pt; font-weight: bold;">.</span><span style="font-size: 10pt;"> During the design phase of each terminal, Ultracargo determines the capacity, accounting for a preventive maintenance program, considering a schedule for rotational tank shutdowns, to ensure storage supply, meeting all clients&#8217; needs. As of December 31, 2021, preventive maintenance was performed by 100 Ultracargo&#8217;s own employees, in addition to 40 third-party contractors. In addition, Ultracargo has a team of employees dedicated to ensuring appropriate levels of quality in our services and compliance with safety standards.&#160;</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt; font-style: italic; font-weight: bold;">Environmental, health and safety standards</span><span style="font-size: 10pt;">. Ultracargo is subject to Brazilian federal, state and local laws and regulations relating to environmental protection, safety, and occupational health and safety licensing by the fire department. CONAMA (National Environmental Council) is the main responsible for ruling and accepting matters with respect to the environment. Environmental state agencies and municipal departments are also responsible for establishing and supervising complementary laws and regulations. Ultracargo, also must obtain authorizations and/or licenses from federal, state, and/or municipal environmental agencies and fire departments to implement and operate their facilities. Ultracargo is required to develop and implement programs to control air and water pollution and hazardous waste, emergency plans for its terminals and headquarters, involving communities, public companies, and other private companies. Some of the products stored in Ultracargo&#8217;s terminals such as fuel and some chemicals may be classified as hazardous by The International Maritime Dangerous Goods Code (IMDG), which is also used by ANTAQ. The storage and transport of these products may be subject to specific regulation and authorization by the port authority. Ultracargo is in compliance with international standards as ISO 9001, ISO 14001 and ISO 45001.</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">To move forward </span><span style="font-size: 10pt;">with its</span><span style="font-size: 10pt;"> climate change</span><span style="font-size: 10pt;"> strategy</span><span style="font-size: 10pt;">, the company developed a partnership with a specialized consulting company</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">to estimate the total volume of emissions and started studies to identify new technologies </span><span style="font-size: 10pt;">that could be</span><span style="font-size: 10pt;"> an alternative to equipment dependent on volatile organic compounds (VOCs) at the Santos terminal, which is responsible for most of the scope 1 emissions of the company.</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">Scope 2 emissions resulting from the acquisition of electric energy ceased in 2021 with the migration to cleaner energy sources and the acquisition of international certificates (I-REC).</span><span style="font-size: 10pt;"> The company also counts with a hydric system in the terminals in Itaqui, Santos and Vila do Conde ports that allows the reuse of rainwater in its operations. </span><span style="font-size: 10pt;">Furthermore,</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">at</span><span style="font-size: 10pt;"> the construction of Itaqui</span><span style="font-size: 10pt;"> and</span><span style="font-size: 10pt;"> Vila do Conde</span><span style="font-size: 10pt;"> expansions projects</span><span style="font-size: 10pt;">, the company reused the water of the hydrostatics tests </span><span style="font-size: 10pt;">saving up</span><span style="font-size: 10pt;"> 136 thousand cubic meters in the process</span><span style="font-size: 10pt;">.</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt; font-style: italic; font-weight: bold;">Quality</span><span style="font-size: 10pt; font-weight: bold;">.</span><span style="font-size: 10pt;"> In 2002, Santos and Rio de Janeiro&#8217;s terminals obtained the ISO 14001 certification and the OHSAS 18001 certificate in the next year. In 2007, Ultracargo&#8217;s terminal in Aratu obtained an ISO 14001 certification and then, in 2012, obtained the OHSAS 18001 certificate. In 2011, Suape terminal obtained an ISO 14001 certification and the OHSAS 18001 </span><span style="font-size: 10pt;">certificate in the next year. In 2015, Itaqui terminal obtained both ISO 14001 and OHSAS 18001 certifications. Since then, Ultracargo&#8217;s terminals have undergone several re-certification processes, most recently in 2020.</span></span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In 2014 and 2016, the Aratu terminal was recognized for its performance in Health, Safety and the Environment by Industrial Development Committee of Cama&#231;ari (Cofic).</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">I</span><span style="font-size: 10pt;">n 2020, Ultracargo</span><span style="font-size: 10pt;"> launched the V</span><span style="font-size: 10pt;">ital</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">quality management </span><span style="font-size: 10pt;">system</span><span style="font-size: 10pt;">, which </span><span style="font-size: 10pt;">consists in a </span><span style="font-size: 10pt;">group of best practices </span><span style="font-size: 10pt;">regarding</span><span style="font-size: 10pt;"> safety, environment and risk mitigation, and is applied </span><span style="font-size: 10pt;">in</span><span style="font-size: 10pt;"> all </span><span style="font-size: 10pt;">of the company&#8217;s </span><span style="font-size: 10pt;">terminals. Also, in 2020, all terminals were evaluated </span><span style="font-size: 10pt;">according to the first </span><span style="font-size: 10pt;">stage of certification by ISO 45001</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">as the evaluation process occurred in Vital system.</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt; font-style: italic; font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-size: 10pt; font-style: italic; font-weight: bold;">Income tax exemption status.</span><span style="font-size: 10pt; font-style: italic; font-weight: bold;"> </span><span style="font-size: 10pt;">Brazilian legislation provides a 75% income tax reduction for businesses located in the Northeast</span><span style="font-size: 10pt;"> region of Brazil, which depends</span><span style="font-size: 10pt;"> on SUDENE formal and previous approval. Ultracargo&#8217;s terminals at Aratu, Suape and Itaqui are entitled to the tax benefit up </span><span style="font-size: 10pt;">to 2022, 2030 and 2030, respectively. The to</span><span style="font-size: 10pt;">tal amount of SUDENE&#8217;s income tax exemption </span><span style="font-size: 10pt;">for </span><span style="font-size: 10pt;">the </span><span style="font-size: 10pt;">Ultracargo segment </span><span style="font-size: 10pt;">for the years ended on December</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">31, 2021</span><span style="font-size: 10pt;">, </span><span style="font-size: 10pt;">2020</span><span style="font-size: 10pt;"> and 2019</span><span style="font-size: 10pt;"> was R$27</span><span style="font-size: 10pt;">.</span><span style="font-size: 10pt;">4</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">million</span><span style="font-size: 10pt;">, </span><span style="font-size: 10pt;">R$23</span><span style="font-size: 10pt;">.0</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">million</span><span style="font-size: 10pt;"> and R$</span><span style="font-size: 10pt;">8.2 million</span><span style="font-size: 10pt;">, respectively. </span><span style="font-size: 10pt;">For further information, </span><span style="font-size: 10pt;">see </span><span style="font-size: 10pt;">N</span><span style="font-size: 10pt;">ote 10.c to our consolidated financial statements.</span></span></p>
<p style="margin: 18pt 0pt 0pt; page-break-after: avoid; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">C. Fuel Distribution</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">T</span><span style="font-size: 10pt;">he Brazilian fuel market comprises the distribution and marketing of gasoline</span><span style="font-size: 10pt;"> (including aviation gasoline),</span><span style="font-size: 10pt;"> ethanol, diesel, fuel oil, kerosene</span><span style="font-size: 10pt;"> (including aviation kerosene) </span><span style="font-size: 10pt;">and natural gas for vehicles (NGV). In 2021, diesel represented </span><span style="font-size: 10pt;">48</span><span style="font-size: 10pt;">% of the fuels distributed in Brazil, followed by gasoline, ethanol, NGV, fuel oils and kerosene, each of which represented 3</span><span style="font-size: 10pt;">1</span><span style="font-size: 10pt;">%, 1</span><span style="font-size: 10pt;">3</span><span style="font-size: 10pt;">%, 2%, 3% and </span><span style="font-size: 10pt;">3</span><span style="font-size: 10pt;">%, respectively.</span></span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Growth in the fuel distribution sector has been directly influenced by GDP growth rates and size of light vehicle fleet. GDP growth is the main driver for diesel volume, given that diesel in Brazil is highly used for buses, trucks and agricultural engines. The size of the light vehicle fleet influences the growth in the combined volumes of gasoline, ethanol and NGV, which are basically used for light vehicles. The growth in the size of the car fleet in turn, is highly correlated with credit availability and disposable income. In recent years, the economic recession has affected the credit availability and levels of disposable income in Brazil. See &#8220;Item 5.D. Operating and Financial Review and Prospects&#8212;Trend Information</span><span style="font-size: 10pt;">.&#8221;</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">In December 2021, credit in Brazil reached 54% of GDP, </span><span style="font-size: 10pt;">compared to</span><span style="font-size: 10pt;"> 54</span><span style="font-size: 10pt;">%</span><span style="font-size: 10pt;"> and </span><span style="font-size: 10pt;">48%</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">in December 20</span><span style="font-size: 10pt;">20</span><span style="font-size: 10pt;"> and </span><span style="font-size: 10pt;">2019, respectively. Di</span><span style="font-size: 10pt;">sposable income grew in Brazil in 2021,</span><span style="font-size: 10pt;"> while</span><span style="font-size: 10pt;"> the unemployment rate </span><span style="font-size: 10pt;">decreased</span><span style="font-size: 10pt;"> and, a</span><span style="font-size: 10pt;">s a result, vehicle sales increased in 2021</span><span style="font-size: 10pt;"> when compared to 2020</span><span style="font-size: 10pt;">. According to RENAVAM, approximately 2 million new light vehicles were registered in Brazil in 2021, an increase of 1% compared to 2020. The average fleet of light vehicles increased by 0.4% in 2021</span><span style="font-size: 10pt;"> in comparison to 2020</span><span style="font-size: 10pt;">, reaching more than 43.5 million at the end of the year</span><span style="font-size: 10pt;">,</span><span style="font-size: 10pt;"> according </span><span style="font-size: 10pt;">to </span><span style="font-size: 10pt;">ANFAVEA</span><span style="font-size: 10pt;">. </span><span style="font-size: 10pt;">Out of all </span><span style="font-size: 10pt;">vehicles sold in 2021, 82.2% were flex-fuel vehicles, which have engines adapted to operate with </span><span style="font-size: 10pt;">either </span><span style="font-size: 10pt;">gasoline or ethanol, or any combination of the two, 2.7% were vehicles powered only by gasoline, 13.4% were diesel powered </span><span style="font-size: 10pt;">o</span><span style="font-size: 10pt;">nly </span><span style="font-size: 10pt;">and </span><span style="font-size: 10pt;">1.8% were electric vehicles. Since the launch of flex-fuel vehicles in Brazil in 2003, 38 million flex-fuel cars have been sold in Brazil</span><span style="font-size: 10pt;">.</span></span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Moreover, recent changes to legislation and inspection in the fuels distribution sector have helped to progressively curb unfair competition, creating a level playing field. These improvements should benefit the formal market by capturing the volume from the grey market.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">According to ANP, the distribution of fuels (gasoline, ethanol and diesel) is made mainly through three channels, as follows: </span></p>
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<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Service stations, which serve final retail consumers;</span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Large consumers, mainly industries and fleets; and</span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Retail&#8212;wholesale resellers&#8212;TRR, specialized resellers that distribute diesel to medium and small volume end-users</span><span style="font-size: 10pt;">.</span></span></li>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The following chart shows the oil-derivative fuel distribution process in Brazil:</span></p>
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<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times;"><img src="img620eccee9b9f4c919bb9.jpg" alt="Image4"></img></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The following chart shows the ethanol distribution process in Brazil:</span></p>
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<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times;"><img src="imgc35dfd5b61284f4eac0a.jpg" alt="Image5"></img></span></p>
<p style="margin: 9pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Distribution of oil-derivative products is carried out through an extensive network of primary and secondary storage terminals. Primary storage terminals are generally located near refineries </span><span style="font-size: 10pt;">and ports </span><span style="font-size: 10pt;">and are used to store products to be sold to customers (service stations, large consumers and TRRs) and to be transported to secondary storage terminals.</span></span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Oil-derivative products are transported from refineries and port terminals to storage terminals via pipelines, coastal or river shipment and trucks. Transportation of oil-derivative products between primary and secondary storage terminals is provided by </span><span style="font-size: 10pt;">pipeline, railroads, trucks and coastal or river barges. Ethanol is transported from the many distilleries to primary and secondary storage bases by trucks and railroads. Delivery to service stations, large consumers and TRRs is made exclusively by trucks.</span></span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">All gasoline sold in Brazil must contain a certain proportion of anhydrous ethanol that can vary from 18% to 27%. Currently, the percentage of anhydrous ethanol mixed with gasoline is 27%. The Brazilian Sugar and Alcohol Interministerial Council (</span><span style="font-size: 10pt; font-style: italic;">Conselho Interministerial do A&#231;&#250;car e &#193;lcool</span><span style="font-size: 10pt;">) establishes the percentage of anhydrous ethanol that must be used as an additive to gasoline (currently, at 27% in regular gasoline and 25% in additive/premium gasoline).</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Gasoline &#8220;A&#8221;, as it is known in its unmixed form, is mixed with anhydrous ethanol at primary storage terminals or at secondary storage terminals. Gasoline &#8220;A&#8221;, mixed with anhydrous ethanol, forms gasoline &#8220;C&#8221;, which is delivered directly to service stations and large consumers by truck.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Since January 2008, under the Biodiesel Program, distributors have been required to include a percentage of biodiesel in the volume of diesel sold, in order to reduce greenhouse gas emissions. In March 2016, the government enacted Law No.</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">13,263, which increased the required percentage of biodiesel mix to diesel to 8% until March 2017, </span><span style="font-size: 10pt;">which was further increased to</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">10% in 2019. On October</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">29, 2018, the National Council of Energy Policy published CNPE 16/2018 Resolution authorizing ANP to increase the biodiesel mix requirement to 15% until 2023, subject to technical testing of engines</span><span style="font-size: 10pt;">. As of </span><span style="font-size: 10pt;">the date of this annual report, </span><span style="font-size: 10pt;">there </span><span style="font-size: 10pt;">are</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">169</span><span style="font-size: 10pt;"> fuel distributors authorized by the ANP to operate in Brazil.</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt; font-style: italic; font-weight: bold;">Supply. </span><span style="font-size: 10pt;">Petrobras is currently the only relevant domestic supplier of oil derivatives, accounting for 79.6% of Brazilian pr</span><span style="font-size: 10pt;">oduction. There are currently 19</span><span style="font-size: 10pt;"> oil refineries in Brazil, </span><span style="font-size: 10pt;">14 of </span><span style="font-size: 10pt;">which </span><span style="font-size: 10pt;">are owned by </span><span style="font-size: 10pt;">Petrobras </span><span style="font-size: 10pt;">although it </span><span style="font-size: 10pt;">is </span><span style="font-size: 10pt;">in the</span><span style="font-size: 10pt;"> process of selling </span><span style="font-size: 10pt;">seven</span><span style="font-size: 10pt;"> of them. Petrobras&#8217;s total refining capacity in December 2021 was </span><span style="font-size: 10pt;">302</span><span style="font-size: 10pt;">,000</span><span style="font-size: 10pt;"> cubic meters per day. Brazilian refineries are located predominantly in the South and Southeast regions of Brazil. The overall product yield for these refineries in 2021 was 39% diesel, 23% gasoline, 15% fuel oil, 7% LPG and 17% other products, including naphtha. In 2021, </span><span style="font-size: 10pt;">75.5</span><span style="font-size: 10pt;">% of oil derivat</span><span style="font-size: 10pt;">iv</span><span style="font-size: 10pt;">es was supplied by local refineries and the remaining </span><span style="font-size: 10pt;">24.5</span><span style="font-size: 10pt;">% was imported.</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Ethanol is purchased from various producers. In 2021, approximately 30 million cubic meters of ethanol were produced, 38% of which was anhydrous ethanol and </span><span style="font-size: 10pt;">62%</span><span style="font-size: 10pt;"> was hydrated ethanol. Brazil&#8217;s supply of anhydrous and hydrated ethanol is seasonal and depends mostly on the sugarcane harvest.</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Biodiesel is purchased from the many producers of biofuels in Brazil, and its main raw materials are tallow and soy seeds. As of December 31, 2021, there were 53 biodiesel producers, located predominantly in the Midwestern region. Brazil&#8217;s biodiesel production in 2021 was 6.8 billion of liters. Since January 2008, which was the first year of the Biodiesel Program, Petrobras has been required to purchase biofuels in auctions promoted by ANP and supply distributors with amounts of biodiesel corresponding to the proportional volume of diesel purchased. This policy aims to prevent distributors from selling diesel without including the minimum required amount of biodiesel.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt; font-style: italic; font-weight: bold;">The role of the Brazilian government.</span><span style="font-size: 10pt;"> The Brazilian government has historically regulated the pricing of oil and oil-derivative products, ethanol, natural gas and electric energy. From 1990 onwards, the Brazilian oil and gas sector has been significantly deregulated. Until the adoption of the Petroleum Law, the Brazilian government maintained strict control over the prices that could be charged by (i)</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">refineries to distributors, (ii)</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">distributors to service stations and other channels and (iii)</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">service stations to end-users.</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Currently there is no legislation or regulation in force giving the Brazilian government power to set oil-derivative and ethanol fuel prices. However, given that Petrobras is a state-controlled company and the dominant supplier in this market, prices of oil-derivative fuels are still subject to indirect government influence, resulting in potential differences between international prices and domestic oil-derivative prices.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 1pt;">&#160;</span><span style="font-size: 10pt;">In January 2015, the Brazilian government announced the return of the CIDE tax and the increase in the PIS and COFINS taxes </span><span style="font-size: 10pt;">levied </span><span style="font-size: 10pt;">on fuel, with an impact of R$220 per cubic meter for gasoline and R$150 per cubic meter for diesel, valid from February</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">1, 2015. On September</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">30, 2015, Petrobras announced a new increase in gasoline and diesel prices of 6% and 4%, respectively.</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">In October 2016, a new pricing for gasoline and diesel was established with the objective of, among other aspects, controlling fluctuating prices according to international references on a monthly basis. Therefore, gasoline and diesel prices became directly influenced by the international prices and the </span><span style="font-size: 10pt; font-style: italic;">Real</span><span style="font-size: 10pt;">/U.S. dollar exchange rate. Under the new pricing dynamic, gasoline prices were reduced by 3.2% and 3.1% and increased by 8.1% in October, November and December 2016, respectively. On the same occasions, diesel prices were reduced by 2.7% and 10.4% and increased by</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">9.5%.</span></span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">In July 2017, the new price dynamic was updated in order to make daily price adjustments based on international references and the </span><span style="font-size: 10pt; font-style: italic;">Real</span><span style="font-size: 10pt;">/U.S. dollar exchange rates. Also, in July 2017, Brazilian Government announced an increase in PIS and COFINS taxes for gasoline and diesel. On gasoline the taxes levied increased from R$381.6 to R$792.5 per cubic meter, while for diesel it jumped from R$248.0 to R$461.5 per cubic meter.</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;"> In 2021, fuel costs rose significantly in Brazil, as oil prices rose globally</span><span style="font-size: 10pt;"> as a result of the gradual recovery in demand</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">after </span><span style="font-size: 10pt;">the economic downturn </span><span style="font-size: 10pt;">caused by the pandemic</span><span style="font-size: 10pt;"> in 2020</span><span style="font-size: 10pt;"> coupled with the continued devaluation of the </span><span style="font-size: 10pt; font-style: italic;">Real</span><span style="font-size: 10pt;"> in comparison to the U.S. dollar</span><span style="font-size: 10pt;">. The Brazilian government reacted by trying to reduce the volatility of international prices in the domestic market</span><span style="font-size: 10pt;"> through the implementation of</span><span style="font-size: 10pt;"> longer interval</span><span style="font-size: 10pt;">s</span><span style="font-size: 10pt;"> between Petrobras' price adjustments and </span><span style="font-size: 10pt;">f</span><span style="font-size: 10pt;">ederal tax exemptions on </span><span style="font-size: 10pt;">d</span><span style="font-size: 10pt;">iesel and LPG. </span><span style="font-size: 10pt;">In 2021, </span><span style="font-size: 10pt;">Petrobras maintained a price adjustment policy </span><span style="font-size: 10pt;">linked</span><span style="font-size: 10pt;"> to</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">the international diesel and</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">gasoline market. However, </span><span style="font-size: 10pt;">the readjust</span><span style="font-size: 10pt;">ment</span><span style="font-size: 10pt;">s announced by Petrobras </span><span style="font-size: 10pt;">throughout the year </span><span style="font-size: 10pt;">were less frequent as compared to 202</span><span style="font-size: 10pt;">0</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">and domestic prices remained </span><span style="font-size: 10pt;">most of the time </span><span style="font-size: 10pt;">below parity with international prices.</span></span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The following graphs show the price volatility of fuels acquired by the distributors from the refineries: </span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ethanol prices are deregulated, being freely charged by the ethanol producers. In order to curb unfair competitive practices in the ethanol sales, some measures have been taken by the government, supported by Sindicom members. In April 2008, it became mandatory for fuel producers and distributors, as well as TRRs, to issue electronic tax invoices in all the states of Brazil. In January 2017, PIS and COFINS taxes for ethanol producers were reestablished at R$120 per cubic meter, without any corresponding credit. In July 2017, the Brazilian Government announced an increase in PIS and COFINS taxes for ethanol. For ethanol producers, taxes levied increased from R$120.0 to R$130.9 per cubic meter and for ethanol distributers went from zero to R$110.9 per cubic meter.&#160;</span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">On January 13, 2005, i</span><span style="font-size: 10pt;">n accordance with Law No.</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">11,097, the National Biodiesel Program (</span><span style="font-size: 10pt; font-style: italic;">Programa Nacional de Biodiesel</span><span style="font-size: 10pt;">) was created. Since 2008, a certain amount of biodiesel has been required to be added to diesel. In addition, some changes were required in the distributors&#8217; facilities, as well as the restructuring of its logistics. In March 2016, the government enacted Law No.</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">13,263, which increased the required percentage of biodiesel mix to diesel to 8% until March 2017, reaching 10% up to 2019. On October</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">29, 2018, the National Council of Energy Policy published CNPE 16/2018 Resolution authorizing the ANP to increase the biodiesel mix requirement to 15% until 2023, subject to technical testing of engines.</span></span></p>
<p style="margin: 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt; font-style: italic; font-weight: bold;"><br/></span></span></p>
<p style="margin: 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt; font-style: italic; font-weight: bold;">The role of Petrobras.</span><span style="font-size: 10pt;"> Since its establishment in 1953, Petrobras maintained a legal monopoly in the exploration, production, refining, importing and transporting of crude oil and oil products in Brazil and its continental waters. This monopoly was confirmed in</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">Brazil&#8217;s federal constitution enacted in 1988. As a result, Petrobras has historically been the sole supplier of oil and oil-derivatives in</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">Brazil.</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">In November 1995, Petrobras&#8217; monopoly was removed from the federal constitution by a constitutional amendment approved by the Brazilian Congress. According to this amendment, other state and private companies are permitted to compete against Petrobras in virtually all fields in which Petrobras operates. This amendment was also reflected in Law No.</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">9,478, dated</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">August</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">6, 1997, which limited Petrobras&#8217; monopoly to a maximum period of three years. Law No.</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">9,478 prescribed that the termination of Petrobras&#8217; monopoly would be accompanied by the deregulation of oil, gas and oil-derivative product prices, and created a new regulatory agency, the ANP, to oversee all oil-related activities. However, in practice, Petrobras still remains basically the largest domestic oil-derivative supplier of oil and oil-related products, including naphtha, LPG and oil-derivative fuels in Brazil, even though there are no legal restrictions on the operations of other suppliers or to imports.</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">From 1971 until 2019, Petrobras acted in the Brazilian fuel distribution market through its subsidiary </span><span style="font-size: 10pt;">BR </span><span style="font-size: 10pt;">Distribuidora. </span><span style="font-size: 10pt;">Since 2019, BR</span><span style="font-size: 10pt;"> Distribuidora</span><span style="font-size: 10pt;"> became a private company, and change</span><span style="font-size: 10pt;">d</span><span style="font-size: 10pt;"> its name to Vibra</span><span style="font-size: 10pt;">, which</span><span style="font-size: 10pt;"> is the leader in the fuel distribution market, with </span><span style="font-size: 10pt;">a </span><span style="font-size: 10pt;">market share of 25.4% in 2021, according to ANP.</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">With the discovery of the pre-salt reservoirs, the Brazilian government adopted a series of measures in the regulatory environment, establishing a new legal framework for the oil industry, which may result in a series of regulations, such as production-sharing and concession contracts, among others. This discovery may bring a new scenario for the sector, creating major investments and adaptations in infrastructure such as new refineries, highways, pipelines, platforms, ports and ships, among others.</span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt; font-style: italic; font-weight: bold;">The role of the ANP.</span><span style="font-size: 10pt;"> The ANP is responsible for the control, supervision and implementation of the Brazilian government&#8217;s policies with respect to activities related to oil, natural gas and biofuels. The ANP regulates all aspects of the industry, from the exploration and/or production, transportation to the sale of these products, including product quality standards, to the minimum storage capacities required to be maintained by distributors with respect to oil and oil products in Brazil. Prior to 1999, there were no formal requirements imposed by the Brazilian government on the fuel distribution segment. Distributors were only required to register with the national department of fuels or the national Petroleum Agent or the National Agency prior to starting operations. The Resolution ANP No 58/2014 establishes that a fuel distributor, in order to operate in Brazil, must obtain an operating authorization and meet certain minimum requirements of operation, including:&#160;&#160;</span></span></p>
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<td style="width: 4%; text-align: right; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -32.6667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#8226;</span></td>
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<td style="width: 93%; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -32.6667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">minimum paid-in capital of R$4,500,000.00; and</span></td>
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<td style="vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -32.6667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">proof of financial capacity equivalent to expected volumes to be sold (proof of such capacity may include proof of ownership of assets, insurance or a bank guarantee).</span></td>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">ANP is also responsible for establishing the limits of oil-based fuel volume purchased by distributors based on their storage capacity. Fuel distributors are required to provide the ANP with monthly reports showing their previous month sales.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Fuel distribution for service stations and large consumers must be carried out only by a registered distributor. TRRs are allowed to trade only diesel, lubricants and grease to small-end consumers. Each distributor must provide the ANP with information regarding its contracted independent dealers on a monthly basis. The construction of storage facilities and approval for new retail sellers to operate is subject to the prior approval of the ANP. Service stations and storage facilities may only begin operations after ANP inspections.</span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt; font-style: italic; font-weight: bold;">Regulation</span><span style="font-size: 10pt; font-weight: bold;">.</span><span style="font-size: 10pt;"> Distributors are prohibited from operating service stations, other than for training purposes or for the development and testing of new products and services, and therefore, service stations are operated by independent resellers. Three types of arrangements between distributors and service station operators are generally used in the fuels industry: (i)</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">the distributor owns land, equipment and buildings for a service station and leases to an operator, (ii)</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">a third party owns land, leases it to a distributor who constructs a service station facility or makes improvements to an existing facility and leases the station to an operator and (iii)</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">the operator or a third party owns the land and constructs a service station facility or makes improvements to an existing facility, which is typically financed by the distributor (the most common practice in Brazil). Agreements between distributors and operators of service stations are generally exclusive for a given period. In exchange for being an exclusive reseller, the operator is granted the right to operate under the distributor&#8217;s brand name. The agreement might also include provisions related to the leasing of pumps and tanks, layout standards, training, quality control, technical and financial support, marketing and advertising support and franchises for complementary services, such as convenience stores (</span><span style="font-size: 10pt;">AmPm</span><span style="font-size: 10pt;">) and lubricant servicing franchises (Jet Oil).</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">ABD is the association that represents the interests of major Brazilian players of the downstream oil and gas supply chain. The association was formed in 2020 as part of Brazilian Petroleum Institute (IBP) and its primary purpose is to promote uniform standards for industry regulation and to provide a forum in which members can discuss matters affecting the industry and downstream sector. ABD represents its members in discussions before federal and state governmental bodies and presents its members perspectives on relevant laws and regulations, including those relating to taxation, operations, industrial and occupational safety and environmental protection.</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">Prior to ABD, the Sindicom, founded</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">in </span><span style="font-size: 10pt;">19</span><span style="font-size: 10pt;">41</span><span style="font-size: 10pt;">,</span><span style="font-size: 10pt;"> was the main association </span><span style="font-size: 10pt;">responsible for representing the interests</span><span style="font-size: 10pt;"> of fuel and lubricant</span><span style="font-size: 10pt;"> distributors in Brazil. Now, most of its previous actions are concentrated in ABD </span><span style="font-size: 10pt;">while Sindicom</span><span style="font-size: 10pt;"> currently focus on taking judicial action on </span><span style="font-size: 10pt;">matters in connection with this</span><span style="font-size: 10pt;"> sector.</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">During the 1990s, when the process of deregulation began in the fuel distribution sector in Brazil, a number of parties entered the market with a business model based on cost advantages derived from anticompetitive practices through fuel adulteration and tax evasion, including (i)</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">diluting gasoline by mixing solvents or adding anhydrous ethanol in an amount greater than the permitted by applicable law (anhydrous ethanol has its taxation incorporated into gasoline &#8220;A&#8221; and is historically cheaper than gasoline), (ii)</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">non-payment of federal taxes on fuels, taxes on gross revenues and state value-added taxes and (iii)</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">selling anhydrous ethanol mixed with water as hydrated ethanol. Such practices have enabled these players, all of them </span><span style="font-size: 10pt;">smaller</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">distributors, to increase their market share by charging artificially lower prices also based on artificially lower costs. Major distributors, including Ipiranga, have taken, individually and collectively, a number of actions targeted at reducing or eliminating the effects of these anticompetitive and illegal practices.</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Among the actions taken were: (i)</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">significant interaction with the Brazilian judiciary, including holding seminars for judges and prosecutors concerning the problems facing the industry and directly participating in tax litigation involving distributors that are not ABD members, (ii)</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">sponsorship of the development of a chemical coloring solvent that is added to anhydrous ethanol, in order to prevent the addition of water (and later to be sold as hydrated ethanol); (iii)</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">contribution to the development of CODIF, a system that electronically controls the collection of value-added taxes on fuel sales, (iv)</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">support in the implementation of electronic invoices at the federal level, concluded in 2008, (v)</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">support for ANP regulation which established brand definition and the obligation of disclosing the origin of the fuels in order to inhibit certain distributors from using a fake brand (known as cloned stations); (vi) development of</span><span style="font-size: 10pt;"> a</span><span style="font-size: 10pt;"> new model for biodiesel commercialization implementing a transition from bimestrial biddings </span><span style="font-size: 10pt;">managed</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">by Petrobras using </span><span style="font-size: 10pt;">its </span><span style="font-size: 10pt;">PETRONECT system to open market with free negotiation between producers and distributors subject to 80% of volume goals to be determined annually by ANP; and (vii)</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">the suggestion of several other measures, supported by ANP, including focusing the collection of PIS and COFINS on distilleries and the installation of flow meters, which were included in Law No.</span><span style="font-size: 10pt;">&#160;</span><span style="font-size: 10pt;">11,727/2008. As a result of these efforts, the more regulated market </span><span style="font-size: 10pt;">has been</span><span style="font-size: 10pt;"> leading to the weakening of the business model of lower prices based on artificially lower costs and unfair practices, creating a level playing field and increasing sales volume of the formal market.</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt; font-style: italic; font-weight: bold;">Environmental, health and safety standards.</span><span style="font-size: 10pt;"> Fuel distributors are subject to Brazilian federal, state and local laws and regulations relating to environmental protection, safety and occupational health and safety licensing by the fire department and transportation. The CONAMA is the principal responsible for ruling and accepting matters with respect to the environment. Environmental state agencies and municipal departments are also responsible for establishing and supervising complementary laws and regulations within its areas of operation.</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Fuel distributors must obtain authorizations and/or licenses from federal, state and/or municipal environmental agencies and fire departments to implement and operate their facilities. They are required to develop programs to control air and water pollution and hazardous waste. Emergency plans for its plants and headquarters, involving communities, public companies and other private companies must also be implemented. Additionally, fuel distributors must also comply with laws from the Ministry of Economy, which prescribes occupational health and safety standards. To maintain a safe and healthy workplace, companies must carry out comprehensive occupational health and safety programs.</span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Fuels may be transported only under special conditions. In Brazil, transportation of dangerous products is regulated, and the regulations cover all modes of transport.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt; font-style: italic; font-weight: bold;">Decarbonization credits</span><span style="font-size: 10pt;">. The RenovaBio Program was designed to support Brazil&#8217;s COP21 goals and was launched in 2016 by the Ministry of Mines</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">and Energy (MME), instituted as the &#8220;National Biofuels Policy</span><span style="font-size: 10pt;">.&#8221;</span><span style="font-size: 10pt;"> RenovaBio&#8217;s goal is to reduce carbon emissions and encourage the consumption and</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">production of biofuels in Brazil, contributing to a higher share of renewable </span><span style="font-size: 10pt;">fuels </span><span style="font-size: 10pt;">of Brazil&#8217;s energy matrix. This program foresees that biofuel producers will</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">generate CBIO&#8217;s (biofuel decarbonization credit) in an amount related to the volume produced, and distributors receives decarbonization targets according</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">to the volume of oil products sold, to their share of CO2 emissions in gasoline and diesel, and then they are required to acquire CBIO&#8217;s to achieve those</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">targets. The CBIO</span><span style="font-size: 10pt;">s</span><span style="font-size: 10pt;"> acquired are recorded at acquisition cost and are retired in the year to fulfill the individual target set by the ANP.</span><span style="font-size: 10pt;"> </span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">In December 2019, the RenovaBio Program was fully implemented. Despite coming into effect in 2019, Ipiranga was not required to buy CBIOs that</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">year as the target for 2019 was required </span><span style="font-size: 10pt;">to be purchased in 2020. In 2021</span><span style="font-size: 10pt;">, the total target pursuant to the RenovaBio Program was </span><span style="font-size: 10pt;">24.9</span><span style="font-size: 10pt;"> million CBIOs, and</span><span style="font-size: 10pt;"> Ipiranga acquired 4.7</span><span style="font-size: 10pt;"> million CBIOs, in connection with its own individual target under RenovaBio Program.&#160;</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">Ipiranga </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Ipiranga was established in 1937 and is one of the largest fuel distributors in Brazil</span><span style="font-size: 10pt;">, with </span><span style="font-size: 10pt;">18.</span><span style="font-size: 10pt;">4</span><span style="font-size: 10pt;">% </span><span style="font-size: 10pt;">market share in terms of sales volume in ethanol, gasoline and diesel in 202</span><span style="font-size: 10pt;">1</span><span style="font-size: 10pt;">, according to ANP. Ipiranga distributes diesel, gasoline, ethanol, NGV, fuel oil, kerosene, ARLA 32 (liquid agent to reduce nitrogen oxides emissions from heavy vehicles), lubricants and greases nationwide through its network of </span><span style="font-size: 10pt;">7,</span><span style="font-size: 10pt;">10</span><span style="font-size: 10pt;">4</span><span style="font-size: 10pt;"> service stations and </span><span style="font-size: 10pt;">90</span><span style="font-size: 10pt;"> storage terminals as of December</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">31, </span><span style="font-size: 10pt;">202</span><span style="font-size: 10pt;">1</span><span style="font-size: 10pt;">.&#160;</span></span><br/></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Ipiranga has implemented a differentiation strategy by offering a broad range of products and services throughout its service station network. This strategy has led to a significant and growing convenience store business, branded AmPm, including the </span><span style="font-size: 10pt;">expansion of the bakery network and private label products under the same brand, as well as lubricant servicing businesses, Jet Oil and the consolidation of other related products and services.</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Ipiranga </span><span style="font-size: 10pt;">conducts its commercial operations through four business </span><span style="font-size: 10pt;">units, as follows:</span></span></p>
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<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Network of Service Stations - fuel distribution through retail service stations;</span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Business to Business - large consumers and TRRs;</span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">AmPm - convenience store; and</span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Jet Oil - oil exchange service centers.</span></li>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-size: 10pt;">In 2016, Ipiranga entered into a joint-venture agreement with Chevron to create a new company in the lubricants business, Iconic, of which Ipiranga and Chevron hold 56% and 44% respectively. </span><span style="font-size: 10pt;">The operation began</span><span style="font-size: 10pt;"> in the end of 2017. The JV combines two complementary and experienced companies in this business, aiming at value creation by sharing best practices and strengthening its position in the competitive Brazilian lubricants market. The combination of the two businesses increases the capillarity of the sales channels in Brazil through Ipiranga&#8217;s network, as well as through Ipiranga&#8217;s and Chevron&#8217;s lubricant distributors network. Currently, Iconic serves more than </span><span style="font-size: 10pt;">1</span><span style="font-size: 10pt;">1</span><span style="font-size: 10pt;">0 thousand customers among industries, retail and large consumers</span><span style="font-size: 10pt;"> in Brazil through</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">3</span><span style="font-size: 10pt;">8</span><span style="font-size: 10pt;"> authorized distributors. The company operates three plants, two in the state of Rio de Janeiro and one in S&#227;o Paulo. Iconic sells lubricants, greases and coolants under Ipiranga and </span><span style="font-size: 10pt;">Texaco</span><span style="font-size: 10pt;"> brands. </span><span style="font-size: 10pt;">For the year ended December</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">31, </span><span style="font-size: 10pt;">202</span><span style="font-size: 10pt;">1</span><span style="font-size: 10pt;">, Iconic's</span><span style="font-size: 10pt;"> sales volume </span><span style="font-size: 10pt;">was </span><span style="font-size: 10pt;">28</span><span style="font-size: 10pt;">6</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">thousand cubic meters</span><span style="font-size: 10pt;"> </span><span style="font-size: 10pt;">compared</span><span style="font-size: 10pt;"> to 267 thousand cubic meters in 2020</span><span style="font-size: 10pt;"> and 280 thousand cubic meters in 2019.&#160;&#160;</span></span></p>
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<p style="margin: 18pt 0pt 0pt; page-break-after: avoid; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Ipiranga&#8217;s f</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">uel distribution </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ipiranga operates in the retail segment of the fuel distribution market through a network of service stations operating under the Ipiranga brand throughout Brazil. Sales volume from service stations network accounted for 7</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">5</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">% of total sales in</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Ipiranga also operates in the business-to-business (B2B) segment with more than </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">five thousand customers</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, such as state and municipal governments, industries and cargo </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">and passenger transportation fleet owners</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">. Distribution to B2B </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">accounted for 2</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">5</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">% of </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ipiranga's</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> sales in </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.&#160;&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">64</span></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">In 2021, the volume of fuel sold by Ipiranga increased by </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">5</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">%, w</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">hile</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> the volume of diesel sales increased by </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">6</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">%. The volume of gasoline, ethanol and NG</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">V</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> was 3% higher compared to the previous year, with a reduction of 9% in ethanol and an increase of </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">10</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">% and 5% in gasoline and NG</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">V</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, respectively</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The table below shows Ipiranga&#8217;s sales of fuels by products: </span></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<table cellpadding="0" style="height: 143px; border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<thead>
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<th colspan="5" style="padding-left: 7.2pt; vertical-align: bottom; height: 15px; border-bottom: 1pt solid #000000;">
<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">The year</span><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> ended December</span><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> </span><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">31,</span></p>
<p style="border-top-color: #000000; border-top-width: 1pt; line-height: 1pt; margin: 0pt; padding-top: 1pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;">&#160;</span></p>
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<th style="padding-left: 7.2pt; vertical-align: bottom; height: 15px;">
<p style="line-height: 2pt; margin: 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 8pt;">&#160;</span></p>
</th>
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<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">2021</span></p>
<p style="border-top-color: #000000; border-top-width: 1pt; line-height: 1pt; margin: 0pt; padding-top: 1pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;">&#160;</span></p>
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<th style="padding-left: 7.2pt; vertical-align: bottom; height: 15px;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 15px; border-bottom: 1px solid #000000;">
<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">2020</span></p>
<p style="border-top-color: #000000; border-top-width: 1pt; line-height: 1pt; margin: 0pt; padding-top: 1pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;">&#160;</span></p>
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<th style="padding-left: 7.2pt; vertical-align: bottom; height: 15px;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 15px; border-bottom: 1px solid #000000;">
<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">2019</span></p>
<p style="border-top-color: #000000; border-top-width: 1pt; line-height: 1pt; margin: 0pt; padding-top: 1pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;">&#160;</span></p>
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<th style="padding-left: 7.2pt; vertical-align: bottom;"><br/></th>
</tr>
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<th style="padding-left: 7.2pt; vertical-align: bottom; height: 11px;">
<p style="line-height: 2pt; margin: 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 8pt;">&#160;</span></p>
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<th colspan="5" style="padding-left: 7.2pt; vertical-align: bottom; height: 11px;">
<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">(in thousand cubic meters)</span></p>
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<th style="padding-left: 7.2pt; vertical-align: bottom;"><br/></th>
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<td style="vertical-align: top; height: 17px; background-color: #cceeff; width: 67%;">
<p style="margin: 0pt 0pt 0pt 23.8pt; page-break-after: avoid; text-indent: -11.9pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Diesel</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160; &#160; &#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">11</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">805</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">7</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">11,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">164.2</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160; &#160; &#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">11,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">533.3</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
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<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt 0pt 0pt 23.8pt; page-break-after: avoid; text-indent: -11.9pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Gasoline</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">7</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">0</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">51</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">8</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">6,417.2</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">7,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">380.8</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 23.8pt; page-break-after: avoid; text-indent: -11.9pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ethanol</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">2</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">938</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">9</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">3,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">247.4</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160; </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">3,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">864.7</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt 0pt 0pt 23.8pt; page-break-after: avoid; text-indent: -11.9pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Lubricants</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">28</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">6</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">3</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">266.7</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">279.8</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 23.8pt; page-break-after: avoid; text-indent: -11.9pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Others</span><span style="font-family: 'Times New Roman'; font-size: 5.67pt; vertical-align: super;">(1)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">39</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">4</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.1</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">365.5</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">435.6</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total volume sold</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">22</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">,</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">477</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">.0</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">21,461.0</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">23,</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">494.1</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom;"><br/></td>
</tr>
</tbody>
</table>
<table style="height: 1px; width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td style="border-bottom: 1pt solid #000000; width: 12%;"><br/></td>
<td style="width: 88%;"><br/></td>
</tr>
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<p style="margin: 0pt 0pt 0pt 24.45pt; text-indent: -18.35pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt;">(1) </span><span style="font-family: 'Times New Roman'; font-size: 8pt;">&#160; &#160; &#160; &#160; </span><span style="font-family: 'Times New Roman'; font-size: 8pt;">Includes NGV, fuel oil, kerosene and ARLA 32.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Network of Service Stations</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Responsible</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> for </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">7</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">5</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">% of total sales in </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">20</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">21</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, the retail segment of the fuel distribution market ha</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">d</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">as of December 31, 2021</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> a network of 7,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">10</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">4</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> service stations operating under the Ipiranga brand</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> throughout Brazil</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">of which 831 </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">are located </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">on</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">land owned by or leased to Ipiranga</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, while </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">6,273 </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">are located </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">o</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">n lands o</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">wned by third parties. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">In </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2021, 91% of these stations were located in urban areas, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">w</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">hereas</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> the remaining 9% </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">were </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">located on highways.&#160;</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ipiranga generally enters into three types of arrangements with resellers in which: (i)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ipiranga owns the land, the service station and its equipment and leases it to an operator, (ii)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">a third party owns the land and leases it to Ipiranga and it constructs a service station facility or make improvements to an existing facility and further leases the station to an operator and (iii)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">the operator or a third party owns the land and constructs a service station facility or makes improvements to an existing facility that is typically financed by Ipiranga. Under the terms of the contracts and in accordance with applicable law, each reseller operating under Ipiranga&#8217;s brand must purchase fuels exclusively from us.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ipiranga has created incentive programs over the years in order to strengthen brand loyalty and its relationship with its resellers&#8217; network, in order to differentiate itself from its competitors. These incentive programs include annual rewards to its </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">resellers, such as international trips through the relationship program </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Clube do Milh&#227;o</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (Million Club), upon the accomplishment of pre-established goals. Ipiranga also establishes relationship programs with resellers&#8217; employees, such as </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Clube Vip</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (VIP Club), to encourage the sale of added-value products and services. Training programs are provided to these employees focusing on developing their knowledge about the business and their capacity for selling products and services. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">B2B</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;"> &#8211; Business to business</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ipiranga operates in the B2B segment with more than five thousand clients, such as state and municipal governments, industries and cargo and passenger transportation fleet owners. In 2021, Ipiranga&#8217;s ten largest clients in B2B segment accounted for 17% of its revenue and no single customer accounted for more than 4%. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Distribution to B2B represented 2</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">5</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">% of Ipiranga&#8217;s sales in 2021.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Contracts.</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">The relationship between Ipiranga and its clients is generally governed by exclusive supply contracts with terms ranging from 1 to 5 years. The types of contracts change according to the distribution channel. For service stations,</span><span style="font-family: 'Times New Roman'; font-size: 12pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">contracts usually have terms of 3 to 5 years. Our commercial strategy includes the concession of bonuses agreements, which can be paid upfront (received on the signing of the contract) and/or post-paid (through the achievement of certain targets defined in contract). For the B2B segment, Ipiranga sells fuels in the spot market or under exclusive supply contracts, with the terms ranging from 1 to 3 years on average. Ipiranga has been working to increase the percentage of supply of fuels in the B2B segment under exclusive supply contracts by providing additional services and generating value to its clients.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Distribution infrastructure.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Ipiranga operated through 90 storage terminals as of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2021,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> that were strategically located to facilitate fast and efficient delivery of its products. There are two types of facilities: primary storage terminals, generally located near the coast and major cities, which are supplied by refineries through pipelines, and secondary storage terminals, which are mainly located inland, and are supplied by primary terminals by railroad or through road transportation for locations not accessible by railroad. Ethanol is supplied to the terminals mostly by road.</span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ipiranga has its own fleet of trucks through its transportation company, Tropical, which was responsible for transporting 29% of the volume of fuels sold by Ipiranga in 2021, with the remaining portion of the transportation provided by third parties.</span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Supply of fuels.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Currently, Ipiranga and its competitors purchase the majority of oil-derivative fuels from Petrobras under a formal supply contract that establishes the volume and the terms of supply. The contract with Petrobras is renewed annually and the volume contracted is based on the volume purchased in the previous year. The procedures for ordering and purchasing fuels from Petrobras are generally common to all distributors, including Ipiranga. There have been no significant interruptions in the supply of fuels by Petrobras to the distributors, except for an interruption in 1995 due to a 15-day strike by Petrobras employees.</span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Brazilian refining capacity </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">is not sufficient to serve</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> the whole country&#8217;s demand for fuels</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">; as a result, companies </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">in this segment need to import fuel to complement </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">their</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> supply. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">In 2021, 75.5% of oil derivat</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">iv</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">es was supplied by local refineries and the remaining 24.5% was imported.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Ipiranga </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">began</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> importing fuels in 2016 and, since then, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">strengthened </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">its infrastructure in the main Brazilian ports and expanded its importing capillarity to ensure its capacity to supply </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">its</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">resellers</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The ethanol fuel market in Brazil consists of corn and sugarcane mills, producing sugar, ethanol and Dried Distillers Grains (DDG). Ethanol production from sugarcane occurs approximately eight months per year and ethanol from corn runs through the whole year. A portion of the production is stored in the distilleries to meet demand during the inter-harvest season. Distilleries produce two types of ethanol: (i)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">anhydrous ethanol, which must be blended with gasoline and (ii)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">hydrated ethanol, which is essentially used for flex fuel vehicles.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ethanol in Brazil is substantially based on sugarcane that can either be used to produce ethanol or sugar. There are also six corn-based ethanol plants currently operating in the Midwest region of Brazil. From an ethanol producer&#8217;s perspective, the production ratio between ethanol and sugar is determined based on the respective prices of ethanol in the Brazilian market and of sugar in the international markets, such choice being fundamental for leveraging the profitability of their plant. Although ethanol production is subject to favorable climate conditions, the risk of interruptions in supply is primarily confined to the end of the harvest.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ethanol producers have been investing in production capacity on the basis of higher fuel consumption and prices, also encouraged by the Brazilian decarbonization program, RenovaBio. The RenovaBio Program is designed to support Brazil&#8217;s COP21 goals and was launched in December 2016 by the Ministry of Mines and Energy (MME), instituted as the &#8220;National Biofuels Policy</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.&#8221;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> The </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">goal of the </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Program is to create a market for decarbonization credit for biofuels (CBIO)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">. Therefore,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> RenovaBio aims to recognize environmental benefits of biofuels, remunerating the sector&#8217;s role in reducing GHG emissions.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Storage of fuels.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Ipiranga stores its fuels in large tanks at each of its facilities located throughout the regions in which it operates. Primary facilities receive fuels directly from Petrobras by pipeline and from distilleries by railroad and road transportation, while secondary facilities are supplied by railroad and trucks. See &#8220;Item 4.D. Information on the Company&#8212;Property, Plant and Equipment</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.&#8221;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> In 2021, Ipiranga&#8217;s storage capacity was 921</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">3 thousand cubic meters. Based on its 202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> average sales, Ipiranga can store approximately fifteen days of fuel supply. Accordingly, an interruption in the production of oil-based fuels for longer than that time period could result in shortages, such as the one that occurred during the Petrobras strike in 1995. See &#8220;&#8212;The role of Brazilian government</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.&#8221;</span></p>
<p style="margin: 5pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">In 2021, we had the start-up of</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> the</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> operations of the SPEs of Cabedelo and Bel&#233;m (BEL2A), in addition to the beginning of </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">the </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">operations of the shared base of Miritituba, which has 21,000 cubic meters of static capacity and in which Ipiranga, Vibra and Ra&#237;zen hold equal stakes. In the second half of 2021, Ipiranga started the construction of a shared base in Fortaleza, which will have a total static capacity of 21,000 cubic meters, and in which Ipiranga will hold 60% of the capacity. The start-up of this base is scheduled for the first quarter of 2023. We also started operations at the Ultracargo terminal in Vila do Conde (state of Par&#225;), with a contracted static capacity of 25,000 cubic meters.</span></p>
<p style="margin: 18pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">AmPm</span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">AmPm</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> convenience store is the </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">eighth</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">largest franchise network in the country, according to ABF&#8217;s (Brazilian franchising association) ranking</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> in 202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> with </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1,8</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">41</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> stores, a penetration of </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">6</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">% in the total service stations as of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Through its AmPm convenience stores, Ipiranga has been developing initiatives to increase product offerings. In 2010, we announced the launch of private label products, including energy drinks and snacks, and the expansion of the AmPm bakeries, providing to resellers an additional source of income, as well as strengthening the AmPm brand. In 2020, we expanded the bakery foodservice mix and items related to grocery, health and beauty care categories, following our new product mix management policy. The AmPm private label portfolio is also under ongoing review to create new premium product lines with higher value for customers and differentiated margins for franchisees.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">With nationwide presence, our bakeries serve fresh products, such as bread, coffee, snacks and hot meals through</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">46</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> items, including AmPm branded products. A convenience store with a bakery has the potential to</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">substantially</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> increase</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> its</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> revenues </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">when </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">compared to a regular AmPm by offering more products of daily consumption and increasing the flow of costumers in the store. Ipiranga ended 202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> with 8</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">42</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> bakeries.</span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">In 2014, Ipiranga launched a new beer purchase experience through its Beer Cave, which is a walk-in refrigerated area that stores more than 100 premium brands of beer. Ipiranga ended 202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> with 4</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">77</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Beer Caves.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">In order to strengthen the AmPm convenience stores&#8217; product offerings and operations, Ipiranga launched in 2014 its own supply solution. The </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">AmPm Suprimentos</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> concentrates logistics, sales and customer service of the convenience store main products in just one structure &#8211; </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">covering </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">55</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">9</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">% of the products basket and serving approximately 1.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">5</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">thousand stores</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">. This initiative aims to streamline the AmPm convenience store&#8217;s operation, increase the competitiveness of franchisees and ensure higher-quality product range and higher standardization of products assortment and availability. This model allows the entry of a wider range of suppliers, who are unable to deliver to each store individually, and eliminates the effort required for franchisees to keep their stores stocked.&#160;</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">At the end of 202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">AmPm Suprimentos</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> operated four distribution centers located in Rio de Janeiro, S&#227;o Paulo, Paran&#225; and Rio Grande do Sul states, which supply the stores in those states with the main categories of products, except tobacco and ice cream. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">As of December 31, 2021, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">AmPm had</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">five</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> stores with </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">the </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Super Store</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> model</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (stores from 300 m</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#178;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> to 600 m</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#178;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">) with an extended mix of products, installed in the states of Santa Catarina, Paran&#225;, S&#227;o Paulo and Rio de Janeiro. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">In September 2020, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">we revised the</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> criteria adopted </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">to account the number of stores under our </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">franchises</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> network</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">. We began to </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">reevaluated&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">franchis</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">e</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">s that have not been operating for at least 6 months, franchise</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">e</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">s that formally ceased operations as agreed with us or franchises that are located on sites that are no longer an Ipiranga branded service station. We also promoted a significant </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">improvement</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> in our physical store concept, removing the AmPm brand from stores that we believe were no longer suitable for this new omnichannel model for structural or operational reasons.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">In order to expand our franchise network, we also started operating our own AmPm stores. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">As of December 31,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2021</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> w</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">e were running </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">206 </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">AmPm </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">units </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">and </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">we </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">expect to further expand the number of company-operated stores going forward</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">. AmPm's company-o</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">perated stores</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> are intended to (i) strengthen the franchise model, (ii) achieve operational excellence, (iii) boost the profit of the business model, (iv) test the business model, and (v) work as a transitional operation model when franchisees withdraw or until we believe the franchise model is sufficient to lead to critical mass and turnover in the region where own stores are located.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The company-operated stores have a management model focused on business results, efficient management controls and a specialized team with experience in retail management. The location choices are determined by an expansion committee that analyzes the trade with indicators and decide whether to go ahead with the venue in question. This allows </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">AmPm</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> to accelerate</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> its </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">expansion in a more strategic and secure way </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">with focus on return on investment</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">In January 2020, AmPm released a new store model, developed with up-to-date concepts in the global C-Store market. This new store focuses on &#8203;&#8203;a more fluid and less frictional consumer journey</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">with a strong emphasis on</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> foodservice</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">. As a result, the first stores using this concept show an average growth in sales of food category products. We believe this new store concept changes the way customer shop in AmPm by allowing customers to be closer to walk-in coolers, including a beer cave format, and to have </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">a digital experience, including a digital drive thru pursuant to which customers can purchase products in </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">an </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">app without leaving their own cars. As of December 31, 202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, AmPm had </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">62</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> stores in the new concept, being </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">79</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> company-operated stores and </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">83</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> franchises. We expect to implement this new omnichannel concept as part of our plan to achieve operational excellence </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">in</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> our AmPm stores.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The table below shows the highlights of AmPm stores: </span></p>
<table cellpadding="0" style="height: 112px; border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
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<th style="vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 8pt;">&#160;</span></p>
</th>
<th style="vertical-align: bottom; height: 10px; border-bottom-width: 1px;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: middle; border-bottom: 1px solid #000000; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">2021</span></p>
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<th style="padding-left: 7.2pt; vertical-align: middle; height: 10px; border-bottom-width: 1px;"><br/></th>
<th style="vertical-align: middle; border-bottom: 1px solid #000000; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">2020</span></p>
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<th style="vertical-align: middle; height: 10px;"><br/></th>
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<td style="vertical-align: top; background-color: #cceeff; height: 17px; width: 77%;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Number of gas stations</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; background-color: #cceeff; height: 17px; width: 10%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">7,104</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="vertical-align: middle; background-color: #cceeff; height: 17px; width: 10%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">7,107</span></p>
</td>
<td style="vertical-align: middle; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Number of stores</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">1,841</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
<td style="vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">1,804</span></p>
</td>
<td style="vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Penetration</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> in service stations <span style="font-size: 8pt;"><sup>(1)</sup></span></span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160; &#160;</span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">26%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">25%</span></p>
</td>
<td style="vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Revenues</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (in millions of </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Reais</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">1,751.9</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
<td style="vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">1,738.6</span></p>
</td>
<td style="vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">SKUs</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">1,515</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">1,563</span></p>
</td>
<td style="vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Average area</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (in square meters)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">56.6</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
<td style="vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">60</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span></p>
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<td style="vertical-align: middle; height: 17px;"><br/></td>
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<tbody>
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<td style="border-bottom: 1pt solid #000000; width: 12%;"><br/></td>
<td style="width: 88%;"><br/></td>
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<p style="margin: 0pt 0pt 0pt 24.45pt; text-indent: -18.35pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt;">(1) </span><span style="font-family: 'Times New Roman'; font-size: 8pt;">&#160;&#160;&#160;&#160;&#160;&#160;</span><span style="font-family: 'Times New Roman'; font-size: 8pt;">Calculated based on</span><span style="font-family: 'Times New Roman'; font-size: 8pt;"> the</span><span style="font-family: 'Times New Roman'; font-size: 8pt;"> number of AmPm&#8217;s stores in relation to</span><span style="font-family: 'Times New Roman'; font-size: 8pt;"> the number of</span><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Ipiranga&#8217;s gas stations.</span></p>
<p style="margin: 0px; text-indent: 0px;"><br/></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">67</span></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">AmPm revenues include a fixed franchising fee and a percentage of total revenues, which generally range between 4% and 8%. We also receive merchandising fees linked to contracts with suppliers, which establish trade agreements for the convenience stores.&#160;</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Service stations convenience stores&#8217; revenues in the Brazilian markets were R$7.5</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">billion in 2018 (last data available), a 1.5% growth compared to 2017, according to Sindicom.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> We believe the sector has potential for continued growth, mainly due to the shifts in cultural and household habits, such as (i)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">higher participation of women in the labor market, (ii)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">the increase of single-person households and smaller apartments, (iii)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">urbanization, increasing population density and logistical complexity, among others.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The convenience proposal increasingly adapts to the needs of consumers who seek practicality and speed in their routine, trying to solve their demands in a single stop. Thus, convenience stores fit the ideal model, adapting a complete service in one place.</span></p>
<p style="margin: 18pt 0pt 0pt; page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">These strategic differentiation initiatives resulted in a better value proposition for customers and resellers, generating benefits for the whole chain &#8211; the consumer gets access to differentiated products and services, the reseller earns higher revenues, and the service station obtains a differentiated positioning, turning </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">AmPm</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> into a convenience business platform for facilitating people&#8217;s daily routine and mobility.</span></p>
<p style="margin: 18pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Jet Oil </span></p>
<p style="margin: 18pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The Jet Oil business unit, Ipiranga&#8217;s lubricant-changing and automotive specialized service network, is the nineteenth in ABF (</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Associa&#231;&#227;o Brasileira de Franquias</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#8211; Brazilian Franchise Association) ranking among all kind of franchises. Jet Oil ended 2021 with 1,149 franchises.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">More than six thousand oil changes were made at Jet Oil units per day and 63% of the products sold were premium products in 2021. Jet Oil units offer an oil change service that features technology and safety, unifying quality products and expert services. These attributes translate Jet Oil&#8217;s slogan for consumers: &#8220;The full care that your car deserves</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.&#8221;</span></p>
<p style="margin: 18pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Competition</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;"> </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ipiranga&#8217;s main competitors in 2021 were: </span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Vibra Energia</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> S.A. (&#8220;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Vibra</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8221;), a subsidiary of Petrobras, which has been operating in the Brazilian fuel distribution sector since 1971. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Vibra</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> is the Brazilian market leader and operates throughout the entire country. In 2017, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Vibra</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> concluded its initial public offering, listing the shares on B3. Since 2019, as disclosed by </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Vibra</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, Petrobras is no longer the controlling shareholder, even though it continues to hold a significant stake in </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Vibra</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">. </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ra&#237;zen Combust&#237;veis S.A. (&#8220;Ra&#237;zen&#8221;), a joint-venture between Cosan S.A. (&#8220;Cosan&#8221;) and Shell International Petroleum Company Limited (&#8220;Shell&#8221;), a subsidiary of Royal Dutch Shell. Cosan, through its subsidiaries, is the largest producer of sugar and ethanol in Brazil, having entered the fuel distribution market in 2008, when it acquired Esso&#8217;s fuel distribution business in Brazil. In 2011, Cosan established Ra&#237;zen, a joint-venture with Shell by combining certain of their respective assets, including their respective distribution businesses.</span></li>
</ul>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">In addition, a number of small local and regional distributors entered the Brazilian fuel distribution market in the late 1990&#8217;s, after the market was deregulated, which further increased competition in such market. Moreover, in 2018, some important international players entered the Brazilian fuel distribution market: (i)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Glencore Oil Participa&#231;&#245;es Ltda., a Swiss company, through the acquisition of 78% of Alesat Combust&#237;veis S.A.; (ii)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Total, a French company, through the acquisition of </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">100%</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">of</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Zema; (iii)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">PetroChina, a Chinese company, through the acquisition of 30% of TT Work and (iv)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Vitol, a Dutch company, acquired 50% of Rodoil and, subsequently, Rodoil acquired 100% of MegaPetro Petr&#243;leo Brasil S.A.. In 2019, Vitol also acquired 50% of Dislub Equador (a company based in Recife in the Northeast of Brazil) and therefore became a nationwide player in the distribution market.</span></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">68</span></td>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The following table sets forth the market share of Ipiranga and its main competitors based on volume of gasoline, ethanol and diesel sold, according to ANP and Sindicom data:&#160;</span></p>
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<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">Year</span><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">ended</span><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">December</span><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">31,</span><span style="font-family: 'Times New Roman'; font-size: 8pt;"> </span></p>
<p style="border-top-color: #000000; border-top-width: 1pt; line-height: 1pt; margin: 0pt; padding-top: 1pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;">&#160;</span></p>
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<p style="margin: 0pt; break-after: avoid; text-align: left;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">Distributor <sup>(1)</sup></span></p>
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<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">2021</span><span style="font-family: 'Times New Roman'; font-size: 8pt;"> </span></p>
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<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">2020</span><span style="font-family: 'Times New Roman'; font-size: 8pt;"> </span></p>
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<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">2019</span></p>
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<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Vibra</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
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<td style="vertical-align: top; background-color: #cceeff; width: 0.981194%; height: 11px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 11px; text-align: right; background-color: #cceeff; width: 9.97547%;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">5</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.4%</span></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 11px; width: 1.06296%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 11px; text-align: right; background-color: #cceeff; width: 9.97547%;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">24.6%</span></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 11px; width: 0.981194%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 11px; text-align: right; background-color: #cceeff; width: 9.97547%;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160; &#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">24.8%</span></td>
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<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ra&#237;zen</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
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<td style="padding-left: 7.2pt; vertical-align: bottom; height: 20px; text-align: right; width: 9.97547%;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160; &#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">22</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.4%</span></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; text-align: right; height: 20px; width: 1.06296%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 20px; text-align: right; width: 9.97547%;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">20.8%</span></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; text-align: right; height: 20px; width: 0.981194%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 20px; text-align: right; width: 9.97547%;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">21.0%</span></td>
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<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ipiranga</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
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<td style="padding-left: 7.2pt; vertical-align: bottom; height: 16px; text-align: right; background-color: #cceeff; width: 9.97547%;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">8</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">4</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">%</span></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 16px; width: 1.06296%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 16px; text-align: right; background-color: #cceeff; width: 9.97547%;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">18.5%</span></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 16px; width: 0.981194%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 16px; text-align: right; background-color: #cceeff; width: 9.97547%;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">19.3%</span></td>
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<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Others</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
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<td style="padding-left: 7.2pt; vertical-align: bottom; height: 20px; text-align: right; border-bottom: 1px solid #000000; width: 9.97547%;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">3</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">3</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">8</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">%</span></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; text-align: right; height: 20px; width: 1.06296%; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 20px; text-align: right; border-bottom: 1px solid #000000; width: 9.97547%;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">36.1%</span></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; text-align: right; height: 20px; width: 0.981194%; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 20px; text-align: right; border-bottom: 1px solid #000000; width: 9.97547%;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">34.9%</span></td>
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<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
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<td style="padding-left: 7.2pt; vertical-align: bottom; height: 14px; text-align: right; background-color: #cceeff; width: 9.97547%; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160; &#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">100.0%</span></td>
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<td style="padding-left: 7.2pt; vertical-align: bottom; height: 14px; text-align: right; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 9.97547%;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">100.0%</span></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 14px; width: 0.981194%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 14px; text-align: right; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 9.97547%;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160; &#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">100.0%</span></td>
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<p style="margin: 0pt 0pt 0pt 24.85pt; text-indent: -18.75pt;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman';">(1)</span><span style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';">&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman';">Volume sold of gasoline, ethanol and diesel. </span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The retail market for gasoline, diesel and ethanol in Brazil is highly competitive, with similar products and relatively low margins. Therefore, our strategy is to differentiate ourselves in the market by offering value-added services to complement our main products, aiming to be the preferred choice of customers. For more information on Ipiranga&#8217;s strategy see &#8220;Item 4.B. Information on the Company&#8212;Business Overview&#8212;Our Strategies&#8212;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Robust</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">retail network</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.&#8221;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> The following graphs show sales volumes for the Brazilian market and Ipiranga for the periods indicated:</span></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 12pt;">&#160;</span></p>
<p style="margin: 0pt; page-break-after: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 12pt;"><img src="img154cb6f6a88e4569a99e.jpg" alt="Image3"></img>&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160;</span></p>
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<p style="font-size: 8pt; line-height: 108%; margin: 0pt 0pt 8pt;"><sup><span style="font-family: 'Times New Roman';">1</span></sup><span style="font-family: 'Times New Roman'; font-size: 8pt;">&#160; &#160; &#160; &#160;&#160;</span><span style="font-family: 'Times New Roman'; font-size: 8pt;">Diesel, gasoline, ethanol (Source: ANP and Sindicom) and NGV (Source: Abeg&#225;s). Information provided by ANP and Sindicom are subject to retroactive adjustments and, therefore, can differ from the information contained herein.</span></p>
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-indent: 0px;"><span style="font-family: Calibri; font-size: 10pt; font-style: italic; font-weight: bold;">&#160;</span></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">69</span></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<p style="font-size: 10pt; line-height: 108%; margin: 0pt 0pt 8pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;"><br/></span></p>
<p style="font-size: 10pt; line-height: 108%; margin: 0pt 0pt 8pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Socio-environmental responsibility and quality.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Since 2013, Ipiranga is a signatory of the UN Global Compact, an initiative sponsored by the United Nations formed by companies, institutions and the society. Its main goal is to mobilize the international business community to adopt internationally accepted business practices in the areas of human rights, labor relations, environment and anti-corruption intended to promote sustainable growth and civic awareness.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ipiranga annually publishes </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">its</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Sustainability Report, prepared in accordance with the standards of the Global Reporting Initiative (GRI), showing projects and actions taken during the year. In addition to climate change, priority is given to work relations, ensuring the health and safety of employees and their network, maintaining close relationships with resellers and the </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">consumer market</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> and standards of ethics and integrity - all </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">factors for which our </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">management is recognized in the market. On other issues, Ipiranga </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">expects</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">to advance its internal management and positively influence society, becoming a more inclusive and diverse company and inspiring people's mobility. The way </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ipiranga</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> relate</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">s</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> to the supply chain and surrounding communities, the promotion of conscious consumption, the eco-efficiency of its operations, the protection of soil and water and data privacy are the other material topics for the </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">coming</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">years.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">During the </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">development</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">of </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">its</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> operating strategy, actions were mapped at the company, which </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">were</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> prioritized between 2020 and 2021</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> and will continue to be priority</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> until 2025. All </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">efforts</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> to build a new strategy and Ipiranga's Sustainability Policy are aligned to Ultra Group guidelines.</span></p>
<p style="margin: 12pt 0pt 5pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ipiranga has adopted its own environmental management system through a program named SIGA+ (Ipiranga&#8217;s management system applied to health, safety, environment, quality and social responsibility), which applies what we believe to be the highest international standards to its policies and practices. Ipiranga&#8217;s Betim terminal also has ISO 9001, ISO 14001 and ISO 45001 certifications.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">In order to minimize the impact of its activities, through SIGA +, Ipiranga monitors and manages the units' performance indicators in order to ensure alignment with the reference standards for integrated management and continuous improvement. The data are audited annually to categorize the performance of the operating units into five levels. The system has been restructured in order to guarantee greater efficiency and agility. In addition, Ipiranga has been implementing actions aimed at energy efficiency and, for more than 10 years, has had an exclusive and independently audited program to manage its Greenhouse Gas emissions. The &#8220;Carbono Zero Ipiranga Program&#8221; includes actions to measure, reduce and offset GHG emissions and follows recognized international guidelines.</span></p>
<p style="margin: 18pt 0pt 0pt; page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">To </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">strengthen </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">its</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> safety culture and the appreciation of life, Ipiranga has a program that seeks to guarantee adequate physical conditions, efficient procedures and safe behavior in its operations. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Its</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Security Program has a structured investment plan for asset reliability, engagement and training of stakeholders, in order to make them agents of change. In 2021, the Safety Culture Diagnosis </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">w</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">as carried out</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">in the first semester, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">which took into account</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">the perceptions of employees, including leadership and administrative and operational employees. With the results, the Safety Evolution Plan was developed, a set of actions to further strengthen the safety culture in all areas of the company.&#160;</span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">D. </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Digital payments</span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">abastece a&#237;</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">abastece a&#237; is a digital payments company created in 2020 to leverage the benefits of the loyalty program </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Km de Vantagens</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> and the abastece a&#237; app that were previously offered by Ipiranga. The company offers the development of a unified ecosystem of advantages and benefits to the clients, especially car drivers, integrated with a digital payment solution and great acceptance capillarity, including adoption by other business partners outside service stations.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Km de Vantagens</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> was created in 2009 and is a pioneer customer loyalty program in the fuel industry through which customers and resellers may redeem rewards and benefits in areas of entertainment, tourism, magazines, airline tickets, car rental and others. With over 36</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million participants in December 2021, </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Km de Vantagens</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> has served as an important platform, strengthening relationships with Ipiranga&#8217;s customers. In 2021, more than 43</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million transactions were redeemed at </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Km de Vantagens.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ipiranga developed and launched abastece a&#237;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">in 2016, a mobile payment service app, that seeks to maximize advantages from the integration of platforms to offer even greater convenience and benefits to customers. Through the abastece a&#237;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">app, customers can obtain discounts in exchange for </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Km de Vantagens</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> points. In addition, they can receive rewards of their preference and finalize the refueling process by using a unique </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Km de Vantagens</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> password in a safe payment method. In 2021, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">approximately two</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> million digital accounts have been created</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span></p>
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<p style="margin: 12pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Context and market </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Digital wallets are a global trend that involve a very diverse range of businesses. Between 2018 and 2020, the number of users of digital wallets grew by 30%, reaching more than 2.3 billion active users worldwide. According to a recent study by Bain &amp; Company, &#8220;e-wallets&#8221; will represent 28% of total payments made in the world and almost 50% of all payments made in the sphere of e-commerce by 2022. In Brazil, this market is still very young, with great space for growth and development. The highly regulated and concentrated national banking system is the main obstacle to the current low participation of digital portfolios. However, due to recent changes in legislation, reduced technological costs, the entry of major international players in the market and the democratization of access to technology, digital wallets are expected to have an accelerate growth over the next few years.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The difficult and bureaucratic access to banks, combined with the mass use of smartphones, also contributes to the rise of digital wallets. Consequently, e-wallets emerge as a viable option to take care of people's financial organization, by offering a low cost and high efficiency service.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">In 2020, the Central Bank of Brazil announced a new instant payment system with potential to profoundly transform the country's payment industry. The PIX is a tool that allows the transaction of resources in a few seconds at any time of the day and on all days of the year. In addition, PIX have a much lower transaction cost when compared to other payment methods such as Bank slip, TED or DOC. In order to use it, it is not necessary to have a bank account, just register it in any of the institutions approved by the Central Bank to offer this service, which includes abastece a&#237;. Thus, by eliminating the need for intermediaries in the transfer process, we believe that PIX intensify the strengthening of digital wallets. It is extremely important to mention that the PIX is not only a substitute for traditional forms of payment, but it is also a mean to meet other financial demands, with the possibility of making payments in commercial establishments. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">As of</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> December 2021, the PIX had already been registered by more than 117 million users, handling a volume of approximately R$716 billion</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> in the year</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Operation </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">abastece a&#237; is a relevant ecosystem of advantages for the vehicles&#8217; drivers, integrated with a financial platform that expands the purchasing power of its users. The application offers a varied range of services for its clients, such as: cashbacks on purchases from partner companies, payment of slips, transfers, functions of cash in/cash out on digital wallet and various financial products. Currently, the main revenue stream for abastece a&#237; derives from Ipiranga gas stations. When filling your car using the app at Ipiranga, the customer has the possibility to reverse a portion of the amount spent on several benefits, including: the accumulation of kilometers of advantage, cashback reversed in the portfolio, among others.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">During the first year of operation as an independent company, the biggest challenge was to migrate the entire customer base from the old platform to the new digital platform. The new application was already available for download at the end of August 2020, for both IOS and Android. In just two months of operation, more than 1.3 million users had already been migrated. After the consolidation of the new platform, abastece a&#237; started to offer more integrated and wide marketplace services and cashbacks. Currently, abastece a&#237; has partnership</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">s</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> with other companies </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">operating</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> in various sectors</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, among which</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> LATAM Pass, Netshoes, Movida and others.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">In 2021, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">the strategy of </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">abastece </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">a&#237;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> was concentrated around the revenues from the association fee with partner companies, being the main partnership with Ipiranga. As of December 31, 2021, there were more than 2 million active participants and throughout the year</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> more than 40 million</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> transactions </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">were </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">done </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">through </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">the app.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Marketplace model.</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">It is a virtual shopping mall, where partner companies advertise their products by paying an association fee. The partner exposes its products to a larger number of people, the consumer can access products from various segments and the company providing the marketplace receives a percentage of each transaction. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Cashback model.</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">This model works when the user makes a purchase through the application and receives a percentage of the money spent back.&#160;abastece a&#237; works as the payment method and as a platform to announce the products of its partners.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Work methodology</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> The abastece a&#237; operation is based on three main pillars: technological know-how, data intelligence and agile culture. The first involves the entire user experience of the application, its functionality and facilities. The company works to maintain an application with simple and intuitive interface, constantly improving the </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">user&#8217;s</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> experience.</span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">In data intelligence, the company promotes the activation and growth of the customer base, identifying the main suggestions and criticisms to the functioning of the </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">app</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">. Also, it is critical to improve statistical and artificial intelligence models to personalize promotional campaigns, recognize potential customers and activate old users.</span></p>
<p style="margin: 18pt 0pt 0pt; page-break-after: avoid; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">E. </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Oil Refining</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">RPR consists of a refinery in the city of Rio Grande, in the state of Rio Grande do Sul, in the Southern region of Brazil. The refinery&#8217;s nominal capacity is 17 thousand barrels per day, and its principal products include gasoline, diesel, naphtha, fuel oil, LPG, special oils, pentanes and solvents. In 2021, the average production of the refinery was 11,2</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">00</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> barrels per day, which represented 66% of its nominal capacity and less than 1% of the total Brazilian oil refining capacity, according to ANP data. Ultrapar currently owns approximately one third of the capital of RPR. See &#8220;Item</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">4.A. Information on the Company&#8212;History and Development of the Company&#8212;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> A.1 Continuing Operations&#8212;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ipiranga.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8221;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> RPR&#8217;s results are accounted for using the equity method, as share of profit of joint-ventures and associates. Results generated by the oil refining operations are not significant to Ultrapar. In 2021, RPR ended the year at a gain of R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> million.</span></p>
<p style="margin: 18pt 0pt 0pt; page-break-after: avoid; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Gasoline and diesel sales prices in Brazil are directly influenced by international prices. In 2021, sales prices of diesel </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">increased</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">7</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">4% and sales price of gasoline </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">increased</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">68</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">%, as a result of a significant and rapid </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">increase</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> in </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">international prices </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">of oil and derivatives caused by </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">a pickup in</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> demand</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">worldwide</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">in the wake of the gradual reopening of the cities with a more positive outlook for</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> the COVID-19 pandemic. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Because international price</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> increases were not immediately passed on to local prices, RPR&#8217;s </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">selling margins and </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">profitability </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">were negatively affected </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">in 2021.</span></p>
<p style="margin: 18pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Discontinued Operations</span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">A</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Petrochemicals and Chemicals</span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Industry and Regulatory Overview</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The petrochemical industry transforms crude oil or natural gas into widely used consumer and industrial goods. The Brazilian petrochemical industry is generally divided in three sectors, depending on the stage of transformation of the petrochemical raw materials. The companies that operate in these different stages are known as first, second and third-generation companies.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">First-generation companies.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Brazil&#8217;s first-generation companies, which are referred to as &#8220;crackers&#8221;, break down or &#8220;crack&#8221; naphtha (a by-product of the oil refining process), their principal feedstock, into basic petrochemicals. In Brazil, the crackers supply their naphtha requirements from Petrobras and through imports. Currently, Petrobras is the major Brazilian producer of naphtha. The basic petrochemicals produced by the crackers include olefins, primarily ethylene, propylene and butadiene, and aromatics, such as benzene, toluene and xylenes. Braskem has three naphtha-cracker plants, located in Cama&#231;ari, Triunfo and Mau&#225;. Brazil&#8217;s naphtha cracker units sell these basic petrochemicals to second-generation companies. The basic petrochemicals, which are in the form of either gases or liquids, are transported to the second-generation companies through pipelines for further processing. This sector passed through a restructuring process, with the emergence of Braskem as the main player and Petrobras as a relevant minority shareholder.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Second-generation companies.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Second-generation companies process the basic petrochemicals produced by the crackers to obtain intermediate petrochemicals, such as:</span></p>
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<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">polyethylene, ethylene oxide, polystyrene and polyvinyl chloride (PVC), each produced from ethylene;</span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">polypropylene, oxo-alcohols and acrylonitrile, each produced from propylene;</span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">styrene butadiene rubber (SBR), and polybutadiene, each produced from butadiene;</span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">caprolactam, produced from benzene; and</span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">purified terephthalic acid (PTA), produced from p-xylene.</span></li>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The intermediate petrochemicals are produced in solid form (as plastic pellets or powders) and in liquid form and are transported through roads, railroads or by ship to third-generation companies.&#160;</span></p>
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<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Third-generation companies.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Third-generation companies, known as transformers, purchase the intermediate petrochemicals from the second-generation companies and transform them into final products, including:&#160;</span></p>
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<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">polyester&#8212;produced from PTA and ethylene glycol (ethylene glycols produced from ethylene oxide);</span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">plastics produced from polyethylene, polypropylene and PVC;</span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">elastomers produced from butadiene;</span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">acrylic fibers produced from acrylonitrile; and</span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">nylon produced from caprolactam.</span></li>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Third-generation companies produce a variety of consumer and industrial goods, including containers and packaging materials, such as bags, film and bottles, textiles, detergents and paints as well as automobile parts, toys and consumer electronic goods.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Petrochemical complexes.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> The production of first- and second- generation petrochemicals in Brazil centers around three complexes: the Northeast petrochemical complex, the S&#227;o Paulo petrochemical complex and the Southern petrochemical complex. Each complex has a single first-generation producer or cracker and several second-generation companies.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The Northeast complex, located in the municipality of Cama&#231;ari in the state of Bahia, began operations in 1978. Braskem currently has an ethylene production capacity of 1.28</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million tons per year.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The S&#227;o Paulo complex, located in the municipality of Santo Andr&#233; and Mau&#225; in the state of S&#227;o Paulo, was created in 1972 and is the oldest petrochemical complex in Brazil. Braskem has an ethylene production capacity of 700</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">thousand tons per year.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The Southern complex, located in the municipality of Triunfo in the state of Rio Grande do Sul, is based around the raw materials cracker from Braskem. Braskem&#8217;s plant in Triunfo has an ethylene production capacity of 1.25</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million tons per year. Oxiteno does not purchase ethylene from Braskem in Triunfo, but purchases butene, a raw material used in the production of Methyl-ethyl-ketone (MEK).</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Rio Pol&#237;meros S.A. (RioPol), a subsidiary of Braskem located in the state of Rio de Janeiro, has an ethylene production plant based on natural gas. RioPol has an ethylene production capacity of 520</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">thousand tons per year. All RioPol&#8217;s ethylene production is used in its own polyethylene production.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Role of Petrobras</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Naphtha is the raw material used in Brazil to produce basic petrochemicals such as ethylene and propylene. Petrobras is still the most important naphtha supplier in Brazil, even though its legal monopoly ended in 2000. See &#8220;Item</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">4.B. Information on the Company&#8212;Business Overview&#8212;Distribution of Liquefied Petroleum Gas&#8212; Industry and Regulatory Overview&#8212;The role of Petrobras&#8221; for a discussion of the termination of the Petrobras monopoly.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Environmental, health and safety standards</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Petrochemical companies are subject to Brazilian federal, state and local laws and regulations governing the protection of the environment. At the federal level, the main regulators are CONAMA and the Ministry of Economy.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">In accordance with environmental laws and regulations, petrochemical companies are required to obtain licenses for their manufacturing facilities from competent environmental authorities, which may also regulate their operations by prescribing specific environmental standards in their operating licenses. To obtain and maintain valid such licenses, petrochemical companies must satisfy regulatory authorities that the operation, maintenance, and reclaiming of facilities comply with regulations and do not cause damage to the environment.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Environmental regulations apply particularly to the discharge, handling and disposal of gaseous, liquid, and solid products and by-products from manufacturing activities. Technical rules issued by CONAMA and by state authorities also prescribe preventive measures relating to environmental pollution and waste treatment requirements. In addition, the transportation, storage and supply of products are subject to specific standards designed to prevent spills, leakages and other accidents.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Historically, environmental regulations have imposed increasingly stricter standards, higher fines, and greater exposure to liability and increased operating costs and capital expenditures. In addition, civil, administrative and criminal sanctions, including fines and the revocation of licenses may apply to violations of environmental regulations. Under the Brazilian environmental law, companies are strictly and jointly liable for environmental damages.</span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Petrochemical companies are also subject to federal, state and local laws and regulations that establish occupational health and safety standards. In accordance with such laws and regulations, these companies are also required to report on their occupational, health and safety records on a yearly basis to the local office of the Ministry of Economy in each of the states in which they operate. They are also subject to all federal, state and local government regulation and supervision generally applicable to companies doing business in Brazil, including labor laws, social security laws, public health, consumer protection, securities laws and antitrust laws.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Moreover, petrochemical companies are subject to the United Nations international treaties and conventions applicable to the jurisdictions where they operate due to the potential use of their products (i)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">as controlled substances, as defined by various legislations in several jurisdictions, (ii)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">in the illicit production of narcotic drugs and psychotropic substances under international control, and (iii)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">in the production of chemical weapons.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The specific controls and the respective enforcement agents may vary from jurisdiction to jurisdiction, but generally include permits, licenses and certificates that are issued by several local authorities.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The sanctions that can be imposed in case of noncompliance with the applicable laws and/or regulations concerning controlled substances may vary at each jurisdiction, but generally include warnings, fines, interdiction, apprehension of products, suspension, cancellation or forfeiture of the corresponding permits, certificates and licenses.&#160;&#160;</span></p>
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<p style="margin: 12pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Oxiteno</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Before the sale of Oxiteno, we used to operate</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">in the chemical sector through the second-generation company</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Oxiteno, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">a </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">major producer of specialty chemicals</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, was a</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> subsidiary of Ultrapar </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">until April 1, 2022.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">While operated by us, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Oxiteno </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">was</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> the only producer of ethylene oxide, ethylene glycols, ethanolamines, glycol ethers and methyl-ethyl-ketone in Brazil, as well as the only producer of fatty alcohol in Latin America</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> and</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> the only ethylene oxide producer in South America. Its products </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">were</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> used in a broad range of industrial sectors, such as cosmetics, detergents, crop solutions, polyester, packaging, coatings and oil industry. During the year ended December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 2021, Oxiteno sold 779</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">thousand tons of chemical and petrochemical products.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">While operated by us, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Oxiteno&#8217;s strategic focus </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">was</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> to provide a broad coverage of the ethylene oxide and derivatives,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> to keep its production capacity ahead of demand in Brazil and to increase its geographic reach, thereby</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">maintaining a leadership position in these markets while </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">strengthen</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">ing</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> its market positioning in Brazil.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Products and markets</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">While operated by us,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Oxiteno&#8217;s products c</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">ould</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> be divided into two main groups</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> for ease of understanding</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">: (i)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">commodity chemicals, which are generally higher-volume products, with standard specifications, and (ii)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">specialty chemicals, which tend to be lower-volume products sold based on chemical features and suitability to meet a particular end-use requirement. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">While operated by us, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Oxiteno&#8217;s main commodity chemicals </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">were</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> ethylene oxide and ethylene glycol</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> whereas its</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> main specialty chemicals</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">include</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">d</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> a wide variety of products that </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">were</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> used as surfactants, softeners, dispersants, emulsifiers and hydraulic fluids.</span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The following chart outlines the predominant raw materials used by Oxiteno</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> while operated by us</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, their intermediates and final products.&#160;&#160;</span></p>
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<p style="margin: 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Specialty chemicals.</span> The following table sets forth Oxiteno&#8217;s main specialty chemical products and their main uses and&#160;markets while operated by us.&#160;</span></p>
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<td style="vertical-align: top; height: 53px; padding: 0px 0px 1px; width: 38%; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt 0pt 8pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Alkylbenzene sulfonic acids, alkylsulfates, alkyl ether sulfates, ethoxylated alkylphenols, ethoxylated fatty alcohols, polyethyleneglycols, alkanolamides, betaines, sulphosuccinates, block copolymers EO/PO.</span></p>
</td>
<td style="vertical-align: top; padding: 0px 0px 1px; height: 53px; width: 2%; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; height: 53px; padding: 0px 0px 1px; width: 38%; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt 0pt 8pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Used in detergents, the specialty chemicals are added mainly to improve cleaning power and foaming and to reduce skin irritability.</span></p>
</td>
</tr>
<tr style="height: 53px;">
<td style="vertical-align: top; height: 53px; padding: 0px 0px 1px;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Cosmetics</span></p>
</td>
<td style="vertical-align: top; padding: 0px 0px 1px; height: 53px;"><br/></td>
<td style="vertical-align: top; height: 53px; padding: 0px 0px 1px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt 0pt 8pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Alkylsulfates, alkyl ether sulfates, betaines, ethoxylated fatty alcohols, polyethyleneglycols, alkanolamides, ethoxylated sorbitan esters, sorbitan fatty&#160;esters.</span></p>
</td>
<td style="vertical-align: top; padding: 0px 0px 1px; height: 53px;"><br/></td>
<td style="vertical-align: top; height: 53px; padding: 0px 0px 1px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt 0pt 8pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Used in cosmetics as moisturizers, detergents for foaming and residue removal, and reduction of eye irritation in&#160;shampoos.</span></p>
</td>
</tr>
<tr style="height: 53px; background-color: #cceeff;">
<td style="vertical-align: top; height: 53px; padding: 0px 0px 1px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Crop&#160;protection&#160;chemicals</span></p>
</td>
<td style="vertical-align: top; padding: 0px 0px 1px; height: 53px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; height: 53px; padding: 0px 0px 1px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt 0pt 8pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ethoxylated fatty amines, ethoxylated alkylphenols, alkyl ether sulfates, blends, naphthalene sulfonate, ethoxylated vegetable oil, copolymers EO/PO.</span></p>
</td>
<td style="vertical-align: top; padding: 0px 0px 1px; height: 53px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; height: 53px; padding: 0px 0px 1px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt 0pt 8pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Used as part of the composition of&#160;crop&#160;protection chemical, such as herbicides. Increases their efficiency, by improving soil penetration and adherence of&#160;the products to plant&#160;surfaces.</span></p>
</td>
</tr>
<tr style="height: 39px;">
<td style="vertical-align: top; height: 39px; padding: 0px 0px 1px;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Foods</span></p>
</td>
<td style="vertical-align: top; padding: 0px 0px 1px; height: 39px;"><br/></td>
<td style="vertical-align: top; height: 39px; padding: 0px 0px 1px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt 0pt 8pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Sorbitan fatty esters, ethoxylated sorbitan esters, emulsifiers, stabilizers, dispersants.</span></p>
</td>
<td style="vertical-align: top; padding: 0px 0px 1px; height: 39px;"><br/></td>
<td style="vertical-align: top; height: 39px; padding: 0px 0px 1px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt 0pt 8pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Mainly used as additives for breads and&#160;cakes, improving their texture and consistency, and as an emulsifier responsible for ice cream&#160;creaminess.</span></p>
</td>
</tr>
<tr style="height: 53px; background-color: #cceeff;">
<td style="vertical-align: top; height: 53px; padding: 0px 0px 1px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Textiles</span></p>
</td>
<td style="vertical-align: top; padding: 0px 0px 1px; height: 53px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; height: 53px; padding: 0px 0px 1px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt 0pt 8pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ethoxylated alkylphenols, ethoxylated fatty alcohols, ethoxylated vegetable oils, ethoxylated fatty amines, antistatic agents, lubricants, softeners, emulsifiers, antifoamers, mercerizing additives, humectants, low foam&#160;detergents.</span></p>
</td>
<td style="vertical-align: top; padding: 0px 0px 1px; height: 53px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; height: 53px; padding: 0px 0px 1px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt 0pt 8pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Used in the processing of textiles, improving spinning and weaving performance. Permits greater evenness in the mixing of fibers, dyeing, bleaching and improving the softness of the final&#160;cloth.</span></p>
</td>
</tr>
<tr style="height: 53px;">
<td style="vertical-align: top; height: 53px; padding: 0px 0px 1px;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Hydraulic fluids</span></p>
</td>
<td style="vertical-align: top; padding: 0px 0px 1px; height: 53px;"><br/></td>
<td style="vertical-align: top; height: 53px; padding: 0px 0px 1px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt 0pt 8pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ethylene glycol ethers, ethylene glycols, corrosion inhibitors.</span></p>
</td>
<td style="vertical-align: top; padding: 0px 0px 1px; height: 53px;"><br/></td>
<td style="vertical-align: top; height: 53px; padding: 0px 0px 1px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt 0pt 8pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Used directly as hydraulic fluids in vehicles. Brake fluids guarantee brake system performance and safe braking. Cooling liquids help to cool the motor and maintain the correct operating temperature.</span></p>
</td>
</tr>
<tr style="height: 53px; background-color: #cceeff;">
<td style="vertical-align: top; height: 53px; padding: 0px 0px 1px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Oil field chemicals</span></p>
</td>
<td style="vertical-align: top; padding: 0px 0px 1px; height: 53px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; height: 53px; padding: 0px 0px 1px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt 0pt 8pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Additives, emulsion breaker, mutual solvent, surfactant, antifouling, glycols, ethanolamines and&#160;dispersants.</span></p>
</td>
<td style="vertical-align: top; padding: 0px 0px 1px; height: 53px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; height: 53px; padding: 0px 0px 1px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt 0pt 8pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Chemical inputs applied in all stages of the production of oil and gas, such as drilling, cementing, completion, stimulation, production and refining, each one with specific&#160;characteristics.</span></p>
</td>
</tr>
<tr style="height: 97px;">
<td style="vertical-align: top; height: 97px; padding: 0px 0px 1px;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Coatings</span></p>
</td>
<td style="vertical-align: top; padding: 0px 0px 1px; height: 97px;"><br/></td>
<td style="vertical-align: top; height: 97px; padding: 0px 0px 1px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt 0pt 8pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Acetates, alcohols, glycols ethers, glycols, ketones, alkyl ether sulfates, ethoxylated alkylphenols, ethoxylated fatty alcohols,&#160;block copolymers EO/PO.</span></p>
</td>
<td style="vertical-align: top; padding: 0px 0px 1px; height: 97px;"><br/></td>
<td style="vertical-align: top; height: 97px; padding: 0px 0px 1px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt 0pt 8pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Solvents and surfactants are used in the preparation of paints and coatings, adhesives and inks. Solvents serve multiple functions in&#160;solvent borne paints and coatings: solubilization of the resin or polymer forming the continuous coating phase, pigment wetting and viscosity reduction to facilitate the application of the coating. Surfactants are used in emulsion polymerization and also as additive: thickeners, antifoaming agents, additives used to control rheological properties and others.</span></p>
</td>
</tr>
</tbody>
</table>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">78</span></td>
</tr>
</tbody>
</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Commodity products</span><span style="font-weight: bold;">.</span> The following were Oxiteno&#8217;s main commodity products and their principal uses and markets while operated by us:</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic;">Ethylene oxide</span>. Ethylene oxide is a colorless and highly flammable gas at room temperature and atmospheric pressure. Ethylene oxide is produced in a continuous production process by gaseous phase catalytic partial oxidation of ethylene by oxygen at high temperature and pressure.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic;">Ethylene glycols</span>. The main ethylene glycol produced by Oxiteno was mono-ethylene glycol, known as MEG. Oxiteno also produced di- and tri-ethylene glycol. Mono-ethylene glycol is a clear, non-flammable, non-volatile liquid at room temperature and atmospheric pressure. Ethylene glycols are produced in a continuous process from an ethylene oxide solution and principally sold to chemical companies for the manufacture of polyester fibers and polyethylene terephthalate, known as PET, with the remainder sold for use in the production of antifreeze, brake fluids, solvent and other chemicals.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Domestic sales.</span> The Brazilian petrochemicals industry seeks to prioritize demand from the domestic market, where there is greater value added, although sales are also made to the international market. While operated by us, Oxiteno sold the larger part of its commodities and specialty chemicals in Brazil, with production capacity exceeding domestic market demand, with Oxiteno exporting surplus production to more than 50 countries in Asia, America, Europe, Africa and Oceania. While operated by us, Oxiteno maintained its production capacity above local demand for strategic reasons. For the years ended December&#160;31, 2021, 2020 and 2019, 34%, 33% and 31% of Oxiteno&#8217;s net revenue from sales and services, respectively, were from sales outside Brazil. For the years ended December&#160;31, 2021, 2020 and 2019, 31%, 29% and 28% of&#160;Oxiteno&#8217;s sales volume, respectively, were from sales outside Brazil.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The following table shows Oxiteno&#8217;s domestic market sales volume by market segment for the period indicated:</span></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<table cellpadding="0" style="height: 144px; border-collapse: collapse; margin: 0px 0px 0px 0.1px; font-family: 'times new roman'; font-size: 10pt; text-indent: 0px; width: 99.8365%;" width="100%">
<thead>
<tr style="height: 12px;">
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 12px;"></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 12px;"><br/></th>
<th colspan="7" style="padding-left: 7.2pt; vertical-align: bottom; height: 12px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">Year Ended December</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">31,</span> </span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 12px;"><br/></th>
</tr>
<tr style="height: 10px;">
<th style="vertical-align: bottom; height: 10px; width: 64%; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; break-after: avoid; text-align: left;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Market sector</span></p>
</th>
<th style="vertical-align: bottom; width: 1%; height: 10px;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; width: 10%; border-bottom: 1px solid #000000;">
<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">2021</span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: bottom; width: 1%; height: 10px;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; width: 1%; height: 10px;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; width: 10%; border-bottom: 1px solid #000000;">
<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">2020</span> </span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: bottom; width: 1%; height: 10px;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; width: 1%; height: 10px;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; width: 10%; border-bottom: 1px solid #000000;">
<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">2019</span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: bottom; width: 1%; height: 10px;"><br/></th>
</tr>
<tr style="height: 12px;">
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 12px;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 12px;"><br/></th>
<th colspan="7" style="padding-left: 7.2pt; vertical-align: bottom; height: 12px;">
<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">(in thousand tons)</span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 12px;"><br/></th>
</tr>
</thead>
<tbody>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="margin: 0px; break-after: avoid; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Polyester</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100.2</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">126.0</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">141.7</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; break-after: avoid; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Cosmetics and detergents</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">120.4</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">123.8</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">105.9</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Crop protection</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">107.5</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">85.0</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">79.5</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Distributors</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">53.0</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">53.4</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">50.6</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Coatings</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">55.3</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">45.7</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">47.8</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">EO / DOT (brake fluids)</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">31.5</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">28.1</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">30.6</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Performance products<span style="font-size: 8pt;"><sup> (1)</sup></span></span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">25.4</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">23.7</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">25.2</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Oil and gas</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">26.1</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">23.4</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">20.6</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Glycols</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">26.2</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">20.9</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">21.6</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Others <span style="font-size: 8pt;"><sup>(2)</sup></span></span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">5.8</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">4.8</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">4.4</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">Total Brazilian market</span><span style="font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom; border-bottom: 2.8pt double #000000; border-top: 1pt solid #000000; background-color: #cceeff;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">551.3</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom; border-bottom: 2.8pt double #000000; border-top: 1pt solid #000000; background-color: #cceeff;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">534.7</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom; border-bottom: 2.8pt double #000000; border-top: 1pt solid #000000; background-color: #cceeff;" valign="bottom">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">527.9</span></span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
</tbody>
</table>
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td style="width: 10%; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"><br/></td>
<td style="width: 90%;"><br/></td>
</tr>
</tbody>
</table>
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td style="width: 3%; text-align: center;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(1)</span></td>
<td style="width: 97%;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Includes food, civil construction, textiles, leather and paper.</span></td>
</tr>
<tr>
<td style="text-align: center;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(2)</span></td>
<td><span style="color: #000000; font-family: 'times new roman', times; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Includes mineral oils and polymers.</span></td>
</tr>
</tbody>
</table>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">79</span></td>
</tr>
</tbody>
</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">While operated by us, many of Oxiteno&#8217;s commodity product prices in the Brazilian market were set by reference to international contract prices in U.S.&#160;dollars, although the prices were denominated in <span style="font-style: italic;">Reais</span>. For specialty products, sales were individually negotiated and sometimes made pursuant to contracts. Specialty chemicals were designed to meet specific customer needs and face less competition from&#160;imported products. Accordingly, specialty chemicals had higher value added and Oxiteno had more flexibility in pricing for these&#160;products.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Sales outside Brazil.</span> While operated by us, Oxiteno&#8217;s export sales were made mainly to customers in the Mercosur, Far East, Europe and NAFTA. In Europe, Oxiteno exported its products mainly to Belgium, the Netherlands, Italy, Germany and France. In the Far East, Oxiteno exported its products mainly to China, Japan, Thailand, India and Taiwan.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The following table sets forth Oxiteno&#8217;s sales by volume for each geographic market served by Oxiteno in the periods indicated:&#160;</span></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<table cellpadding="0" style="height: 344px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 100%; margin-left: 0.1px;" width="100%">
<thead>
<tr style="height: 10px;">
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></th>
<th colspan="16" style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">Year Ended December</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">31,</span> </span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></th>
</tr>
<tr style="height: 17px;">
<th style="vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; break-after: avoid; text-align: left;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Breakdown of sales volume outside Brazil</span></p>
</th>
<th style="vertical-align: bottom; height: 17px;"><br/></th>
<th colspan="4" style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">2021</span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"><br/></th>
<th colspan="4" style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">2020</span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"><br/></th>
<th colspan="4" style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">2019</span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></th>
</tr>
<tr style="height: 10px;">
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></th>
<th colspan="16" style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">(in</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">thousand</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">metric</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">tons</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">and</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">percentage</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">of</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">the</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">total)</span></span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></th>
</tr>
</thead>
<tbody>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">From Oxiteno Brazil</span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td>
<td colspan="4" style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="line-height: 2pt; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td colspan="10" style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="line-height: 2pt; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: top; height: 10px; width: 40%;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Mercosur (not including Brazil)</span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 1%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; width: 8%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">101.3</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; width: 1%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; width: 1%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; width: 8%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">21%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; width: 1%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; width: 1%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; width: 8%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">51.9</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; width: 1%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; width: 1%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; width: 8%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">24%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; width: 1%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; width: 1%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; width: 8%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">41.2</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; width: 1%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; width: 1%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; width: 8%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">20%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; width: 1%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: top; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Asia</span></p>
</td>
<td style="vertical-align: top; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">35.0</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">7%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">20.8</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">9%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">19.9</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">10%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: top; height: 10px;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Europe&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">35.0</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">7%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">15.1</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">7%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">19.4</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">9%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: top; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">NAFTA&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">19.8</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">4%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">8.6</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">4%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">6.9</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">3%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: top; height: 10px;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Other&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">29.0</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">6%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">16.4</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">8%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">14.2</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">7%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">Sub-Total</span><span style="font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-weight: bold;"> </span></span></p>
</td>
<td style="vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">220.2</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">46%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">112.8</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">52%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">101.5</span></span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">49%</span></span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">From Oxiteno Mexico</span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><br/></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><br/></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td colspan="4" style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td colspan="4" style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: top; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Mexico&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">66.2</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">14%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">33.0</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">15%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">38.9</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">19%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: top; height: 10px;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">USA&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">13.1</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">3%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">6.8</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">3%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">10.6</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">5%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: top; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Other&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">16.4</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">3%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">7.0</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">3%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">7.6</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">4%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="vertical-align: bottom; height: 19px;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">Sub-Total</span><span style="font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-weight: bold;"> </span></span></p>
</td>
<td style="vertical-align: bottom; height: 19px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 19px; border-top: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">95.7</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 19px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 19px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 19px; border-top: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">20%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 19px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 19px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 19px; border-top: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">46.8</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 19px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 19px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 19px; border-top: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">21%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 19px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 19px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 19px; border-top: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">57.2</span></span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 19px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 19px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 19px; border-top: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">28%</span></span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 19px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: top; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">From Oxiteno Andina&#160;<span style="font-size: 8pt;"><sup>(1)</sup></span></span></span></p>
</td>
<td style="vertical-align: top; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><br/></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><br/></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td colspan="4" style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td colspan="4" style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: top; height: 10px;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Venezuela&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">0.0</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">0%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">0.0</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">0%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">0.1</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">0%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: top; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Other&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">0.0</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">0%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">0.0</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">0%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">0.0</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">0%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">Sub-Total</span><span style="font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-weight: bold;"> </span></span></p>
</td>
<td style="vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">0.0</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">0%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">0.0</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">0%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">0.1</span></span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">0%</span></span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">From Oxiteno Uruguay</span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><br/></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><br/></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td colspan="4" style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td colspan="4" style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: top; height: 10px;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Brazil&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">30.4</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">6%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">13.6</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">6%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">14.5</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">7%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: top; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Uruguay&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">7.9</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">3.6</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">6.3</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">3%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: top; height: 10px;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">USA&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2.3</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">0%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1.8</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1.0</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">0%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: top; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Other&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">41.3</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">9%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">20.7</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">9%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">17.9</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">9%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">Sub-Total</span><span style="font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-weight: bold;"> </span></span></p>
</td>
<td style="vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">81.9</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">17%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">39.7</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">18%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">39.7</span></span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">19%</span></span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">From Oxiteno USA</span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><br/></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><br/></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td colspan="4" style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td colspan="4" style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: top; height: 10px;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">USA&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">127.6</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">27%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">44.2</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">20%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">33.7</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">16%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: top; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Other&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">4.9</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2.1</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1.6</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">Sub-Total</span><span style="font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-weight: bold;"> </span></span></p>
</td>
<td style="vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">132.5</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">28%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">46.3</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">21%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">35.3</span></span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">17%</span></span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">Total <span style="font-size: 8pt;"><sup>(1)(2)</sup></span>&#160; &#160; &#160;&#160;</span></span></p>
</td>
<td style="vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">476.6</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">100%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">218.5</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">100%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">&#160;&#160;</span><span style="font-weight: bold;">205.7</span></span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">100%</span></span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
</tbody>
</table>
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt; height: 17px;">
<tbody>
<tr style="height: 17px;">
<td style="width: 10%; border-bottom: 1pt solid #000000; height: 17px;"><br/></td>
<td style="width: 90%; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td style="width: 3%; text-align: center;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(1)</span></td>
<td style="width: 97%;"><span style="font-size: 8pt;"><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">In October 2019,&#160;</span>Oxiteno<span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;</span>Andina<span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;was sold to a buyer in Venezuela.</span></span></td>
</tr>
<tr>
<td style="text-align: center;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(2)</span></td>
<td><span style="color: #000000; font-family: 'times new roman', times; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Does not include intercompany sales volume.</span></td>
</tr>
</tbody>
</table>
<p style="margin: 0pt 0pt 0pt 24.45pt; text-indent: -18.35pt;"><br/></p>
<p style="text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">While operated by us, Oxiteno exported a wide variety of chemical products including glycols, MEK, ethoxylated alkylphenols, glycol ether acetates, glycol ethers, ethanolamines and surfactants.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">80</span></td>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In most cases, Oxiteno&#8217;s sales prices for its commodity chemicals in foreign markets were based on international prices while operated by us. International spot prices were mostly established with reference to published pricing data regarding multiple market participants and variables with respect to a product. In general, Oxiteno&#8217;s operating margins on products manufactured in Brazil and sold in the international market were lower than operating margins for similar products sold in the domestic market.</span></p>
<p style="margin: 8pt 0pt 0pt; page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Customers. </span>While operated by us, Oxiteno&#8217;s most important customers for its commodity chemicals were chemical companies, surface coating producers and polyester producers. On the other hand, the customers for specialty chemicals comprised a variety of enterprises, including brake fluid distributors, agrochemical producers, food additives manufacturers and detergents and cosmetics manufacturers. We believed that by distributing specialty chemical products to a wide range of markets, Oxiteno would be able to protect itself, to a certain extent, from the effects of an economic activity slowdown in any specific market.</span></p>
<p style="margin: 8pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In 2021, Oxiteno&#8217;s main customers in the domestic market included Bayer, which mainly purchased ethanolamines, Unilever and Syngenta, which mainly purchased surfactants, PQS, which purchased primarily glycols, and Brenntag, a third-party distributor. While operated by us, Oxiteno made sales in the international market both to industrial customers, including Unilever and Procter&amp;Gamble, and trading companies and other third-party distributors. In 2021, Oxiteno&#8217;s ten largest customers accounted for 34% of its net revenue from sales and services and no single customer accounted for more than 7% of Oxiteno&#8217;s net revenue from sales and services in such year.</span></p>
<p style="margin: 8pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Competition</span><span style="font-weight: bold;">.</span> While operated by us, Oxiteno faced a competitive market in Brazil against imports from international petrochemical players. As imported products were mostly commodity chemicals, competition is mainly based on price. Importers are subjected to additional costs when selling their products in the Brazilian market, due to import tariffs, which range between 0% and 18% (mainly concentrated between 2% and 13%), and additional freight charges. In addition, product quality, timely delivery, reliability of supply and technical service and support were also important aspects considered by customers, for which Oxiteno believed it presents a competitive advantage as a local producer over imports.</span></p>
<p style="margin: 8pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In case of specialty chemicals, pricing was a less decisive factor than conformity with specifications, product performance and reliability of service. Access to technology, technical assistance and research and development were important aspects regarding conformity to specifications and product performance, especially in the development of new products to meet customers&#8217; needs. Oxiteno&#8217;s ensured access to such technology through its own research and development structure, licensing and joint ventures, if appropriate opportunities become available. In Mexico, Uruguay and in the USA, Oxiteno produces and sells only specialty chemicals while operated by us.</span></p>
<p style="margin: 8pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Oxiteno&#8217;s main competitors were Shell Chemical, Dow Chemical, Clariant, BASF, Solvay and Stepan.&#160;</span></p>
<p style="margin: 8pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Research and development</span><span style="font-weight: bold;">.</span> While operated by us, Oxiteno carried out a wide range of research and development activities, mainly related to the application of specialty chemicals and improvement in production processes. As of December&#160;31, 2021, 169&#160;employees of Oxiteno were engaged in research and development and engineering activities. Oxiteno&#8217;s research and development expenditures in 2021, 2020 and 2019 were R$62 million, R$60 million, and R$60&#160;million, respectively. Oxiteno&#8217;s investments in research and development have resulted in the introduction of 170 new applications for its products during the last three years.</span></p>
<p style="margin: 8pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Raw materials</span><span style="font-weight: bold;">.</span> Oxiteno&#8217;s main raw material is ethylene. For the year ended December&#160;31, 2021, ethylene was responsible for 31% of Oxiteno&#8217;s variable costs and 27% of its overall cost of sales and services. Other relevant raw materials include palm kernel oil, butene, n-butanol, primary fatty amine and phenol. Supply of ethylene represented an entry barrier for new ethylene oxide producers in Brazil since the current production capacity of ethylene by Brazilian crackers is committed to existing second-generation companies, including Oxiteno, and significant investments are needed for the construction of a new cracker. Additionally, ethylene transport and storage are complex and expensive since it must be kept at a temperature below -200 degrees Fahrenheit (-100 degrees Celsius) during transportation and storage. Therefore, the import and export of ethylene is unusual. Naphtha crackers, such as Braskem, are largely dependent on second-generation petrochemical companies such as Oxiteno for their sales, which are usually located in the same industrial complex as them.</span></p>
<p style="margin: 8pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Ethylene supply</span><span style="font-weight: bold;">.</span> While operated by us, ethylene was used to produce ethylene oxide at the Cama&#231;ari plant and the Mau&#225; plant and Braskem supplied all Oxiteno&#8217;s ethylene requirements for both plants through pipelines, thus minimizing delivery costs and helping to ensure supply reliability. See &#8220;Item&#160;4.B. Information on the Company&#8212;Business Overview&#8212;Petrochemicals and Chemicals&#8212;Industry and Regulatory Overview.&#8221;</span></p>
<p style="margin: 8pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">While operated by us, Oxiteno had a supply agreement with Braskem which establishes a minimum annual consumption level and supply terms of ethylene for the Cama&#231;ari plant. The first agreement was valid until 2021 and established a minimum purchase commitment of 205&#160;thousand tons of ethylene per year. A new agreement has been settled with Braskem which settled a minimum purchase commitment of 110&#160;thousand tons of ethylene per year until 2031. Should the minimum purchase commitment not be met, Oxiteno would be liable for a fine based on the current ethylene price for the quantity not purchased. The minimum purchase commitment was subject to proportional reduction in the case of scheduled shutdowns in the supplier&#8217;s or Oxiteno&#8217;s facilities.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">81</span></td>
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<p style="margin: 10pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In addition, while operated by us, Oxiteno had a supply agreement with Braskem for the Mau&#225; plant, which is valid until 2023. The minimum purchase commitment clause was 44,000 tons of ethylene annually. Should the minimum purchase commitment not be met, Oxiteno would be liable for a fine based on the current ethylene price for the quantity not purchased. The minimum purchase commitment was subject to proportional reduction in the case of scheduled shutdowns in the supplier&#8217;s and/or Oxiteno&#8217;s facilities.</span></p>
<p style="margin: 5pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">While operated by us, Oxiteno did not storage ethylene and any unexpected interruptions in supply from the crackers would have an immediate impact on Oxiteno&#8217;s production.</span></p>
<p style="margin: 5pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">First-generation petrochemical companies undergo scheduled maintenance shutdowns and Oxiteno anticipates these shutdowns by building up inventory, while operated by us. Oxiteno also used these planned shutdowns for regular maintenance work on its own plants, eventual substitution of catalysts or expansion of installed capacity.</span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Price of ethylene</span><span style="font-weight: bold;">.</span> The price of ethylene supplied by Braskem to Oxiteno&#8217;s plants in Cama&#231;ari and Mau&#225; were linked to ethylene contract prices referenced to the North-Western Europe (NWE) markets.</span></p>
<p style="page-break-after: avoid; text-indent: 24.5pt; margin: 8pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The following table shows the average ethylene prices referenced to the North-Western Europe (NWE) contract prices:&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<th style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></th>
<th colspan="4" style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;">
<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">NWE</span></span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></th>
</tr>
<tr style="height: 34px;">
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 34px; border-bottom: 1px solid #000000;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 34px;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 34px; border-bottom: 1px solid #000000;">
<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-size: 8pt;"><span style="font-family: 'times new roman', times;"><span style="font-weight: bold;">(US$/ton)</span></span><span style="font-family: 'times new roman', times;">&#160;</span></span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 34px;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 34px;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 34px; border-bottom: 1px solid #000000;">
<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">Equivalent</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">to</span></span><br/><span style="font-size: 8pt;"><span style="font-family: 'times new roman', times;"><span style="font-weight: bold;">(R$/ton)</span><span style="font-weight: bold; vertical-align: super;">(&#185;)</span></span><span style="font-family: 'times new roman', times;">&#160;</span></span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 34px;"><br/></th>
</tr>
</thead>
<tbody>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2021</span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px; width: 76%;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">First Quarter</span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 1%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; width: 10%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1,121</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; width: 1%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; width: 1%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; width: 10%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">6,049</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Second Quarter</span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1,272</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">6,863</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Third Quarter</span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1,360</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">7,339</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Fourth Quarter</span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1,417</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">7,646</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Maximum Price in Year</span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1,468</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">7,919</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Minimum Price in Year</span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1,043</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">5,629</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Year Average</span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1,293</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">6,974</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: top; height: 10px; background-color: #cceeff; border-bottom: 1px solid #000000;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2020</span></p>
</td>
<td style="vertical-align: top; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">First Quarter&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1,051</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">5,417</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Second Quarter&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">0,740</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">3,814</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Third Quarter&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">0,908</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">4,682</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Fourth Quarter&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">0,930</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">4,796</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Maximum Price in Year&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1,083</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">5,585</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Minimum Price in Year&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">0,671</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">3,459</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Year Average&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">0,907</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">4,677</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: top; height: 10px; background-color: #cceeff; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2019</span></p>
</td>
<td style="vertical-align: top; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: top; height: 10px;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">First Quarter&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1,133</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;4,468</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: top; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Second Quarter&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1,197</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">4,721</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: top; height: 10px;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Third Quarter&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1,113</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">4,390</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: top; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Fourth Quarter&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1,077</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">4,250</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: top; height: 10px;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Maximum Price in Year&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1,218</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">4,804</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: top; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Minimum Price in Year&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1,058</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">4,174</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: top; height: 10px;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Year Average&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1,130</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">4,457</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
</tbody>
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<tbody>
<tr style="height: 10px;">
<td style="border-bottom: 1pt solid #000000; height: 10px; width: 12%;"><br/></td>
<td style="height: 10px; width: 88%;"><br/></td>
</tr>
</tbody>
</table>
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td style="width: 3%; vertical-align: top; text-align: center;" valign="top"><span style="color: #000000; font-family: 'times new roman', times; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(1)</span></td>
<td style="width: 97%; vertical-align: top;" valign="top"><span style="font-size: 8pt;"><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">The figures in U.S. dollars have been converted into&#160;</span><span style="color: #000000; font-family: 'times new roman', times; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-style: italic;">Reais</span><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;using the exchange rate of US$1.00 = 5.395, US$1.00 = 5.156, and US$1.00 = R$3.945 for 2021, 2020 and 2019, respectively, which is the yearly average exchange rate reported by the Central Bank for each of such years. This information is presented solely for the convenience of the reader.&#160;</span></span></td>
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<p style="text-indent: 24.4pt; margin: 6pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">As Naphtha is the main raw material used to produce ethylene in Brazil, any fluctuations in its price will have a strong influence in ethylene&#8217;s price. Accordingly, since naphthas&#8217; price is mainly driven by the price of the crude oil, ultimately both naphtha and ethylene prices are affected by the oil price fluctuation in international markets. Therefore, any increase in ethylene prices could affect Oxiteno&#8217;s competitiveness in the petrochemical market.</span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In 2013, the Brazilian government announced a reduction of PIS and COFINS taxes levied on certain raw materials for the petrochemical industry (first- and second- generation), including ethylene. As of December 31, 2021, the PIS and COFINS taxes levied on the acquisition of ethylene was 6%.&#160;</span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Other raw materials</span><span style="font-style: italic;">.</span> For the year ended December&#160;31, 2021, other raw materials, such as palm kernel oil, butene, n-butanol, acetic acid, nonene, phenol, primary fatty amine, ethanol, oxygen, base oils, ammonium and other accounted for approximately 48% of Oxiteno&#8217;s variable costs and 41% of its total costs of sales and services.</span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">While operated by us, Oxiteno purchased these other raw materials from multiple sources, except for phenol, which Oxiteno purchased mainly from a single supplier in Brazil, Rhodia Poliamida Especialidades Ltda., and butene, which is supplied by Braskem in Triunfo.</span></p>
<p style="margin: 10pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Utilities.</span><span style="font-style: italic;"> </span>Electric power, steam and natural gas were the main utilities required for Oxiteno&#8217;s production while operated by us. Part of the electricity and steam used by Oxiteno were generated internally and the remaining were purchased from energy companies and third-party steam suppliers where Oxiteno&#8217;s plants are located. Natural gas was purchased from local companies. In 2021, electric power represented 1% of Oxiteno&#8217;s variable costs.</span></p>
<p style="margin: 10pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Maintenance and quality control</span><span style="font-weight: bold;">.</span> While operated by us, Oxiteno carried out a program of preventive maintenance at each of its plants and used statistical analysis to help predict production problems. The shutdowns due to the maintenance program usually took place at the same time as the shutdowns for the change of the ethylene oxide catalyst. In case of the ethylene oxide and ethylene glycol units at the Mau&#225; and Cama&#231;ari plants, which have continuous production processes, maintenance was preferably scheduled for periods when the relevant cracker, which supplies ethylene to the plant, was scheduled to be shut down for maintenance. Each cracker was typically shut down for maintenance for a period of approximately 20 days every 36 to 48&#160;months. The same happened to the Triunfo plant, which receives C4 from Braskem. In case of the other production units, maintenance was performed during scheduled breaks in production, and the frequency and period for maintenance vary depending on the nature of the product. While operated by us, Oxiteno used its own employees for specialized maintenance and third-party contractors for routine maintenance. In addition, Oxiteno had a team of employees responsible for quality control that operates continuously.</span></p>
<p style="margin: 10pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Environmental, health and safety matters</span><span style="font-weight: bold;">.</span> While operated by us, Oxiteno continuously monitored its compliance with federal, state and municipal legislation applicable to its various places of operation. In accordance with applicable law, Oxiteno was strictly and jointly liable for losses and damages of an environmental nature. See &#8220;Item&#160;4.B. Information on the Company&#8212;Business Overview&#8212;Petrochemicals and Chemicals&#8212;Industry and Regulatory Overview&#8212;<span style="font-style: italic; font-weight: bold;"> </span>Environmental, health and safety standards.&#8221;</span></p>
<p style="margin: 10pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Each Oxiteno&#8217;s plant was licensed by the competent environmental authorities. Licenses granted were valid for a fixed period and then must be renewed. The other terms of the licenses vary according to the applicable legislation and to the periodic inspections performed by environmental authorities.</span></p>
<p style="margin: 10pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Waste products from Oxiteno&#8217;s industrial plants were discharged in accordance with legal requirements. Effluents were discharged and treated in Oxiteno&#8217;s own treatment centers or in the petrochemical complexes where it conducts operations. Oxiteno seeked to reprocess solid waste products in cement furnaces and, in locations where reprocessing was not possible, these products were mainly incinerated.</span></p>
<p style="margin: 10pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Oxiteno&#8217;s health and safety indicators were comparable to relevant international standards and were a priority in Oxiteno&#8217;s activities and in the action plans for the upcoming years.</span></p>
<p style="margin: 10pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In addition to the legal requirements, Oxiteno voluntarily complied with other requirements, such as those related to the Responsible Care Program, issued by ABIQUIM, which sets standards for environmental protection and occupational health, as well as safety measures to be followed by chemical producers.</span></p>
<p style="margin: 10pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Oxiteno developed an important project to increase the use of renewable raw materials, the oleochemical unit, which uses palm kernel oil, extracted from the palm seed, to produce fatty alcohols and its by-products. Oxiteno belongs to the Roundtable on Sustainable Palm Oil, an organization that works to regulate the sustainable plantation of palm, aiming to strengthen its regional leadership and its sustainability practices.</span></p>
<p style="margin: 10pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Sustainability.</span><span style="font-weight: bold;"> </span>While operated by us, Oxiteno&#8217;s Strategic Sustainability Plan 2030 was based on eight pillars with objectives and goals that help overcome the challenges balancing economic prosperity, ethical governance, people care, the protection of the environment and generating value for all stakeholders.</span></p>
<p style="margin: 10pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Oxiteno's formula is good&#8221; was an internal campaign through which the company recognized not only the importance of the business, but also its impacts. Thus, the work was guided by the creation of increasingly innovative solutions, while valuing the people and the environment care.</span></p>
<p style="margin: 10pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">One of the pillars of the Strategic Sustainability Plan 2030 was the value of the workforce. In 2021, when Oxiteno was operated by us, we focused on seeking the health and safety of our workforce in all regions where we operated. Following our plans adopted in 2019, Oxiteno set up programs to support the evolution of the company's organizational culture, preparation of leaders and talents, as well as promoting engagement in the various stages of the professional cycle. Oxiteno created a multifunctional diversity committee that met virtually throughout the year to discuss topics aimed at developing a Diversity and Inclusion Policy (D&amp;I), and the launch of the OxiEducation platform focusing on training employees in disciplines such as: customer focus, innovation and development of skills, and high-performance teams.</span></p>
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<p style="text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Another important initiative was the partnership between Oxiteno and Specialisterne, a social company that supports the inclusion of people with autism in the market, resulting in the contracting of autists for the company's IT staff.</span></p>
<p style="margin: 10pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Social problems also increased from 2020 onwards due to the pandemic of the new coronavirus, bringing more difficulties for those who live in the peripheries and slums of Brazil. To support vulnerable families, Oxiteno became a partner in the &#8220;<span style="font-style: italic;">Corona no Pared&#227;o. Fome n&#227;o</span>&#8221; campaign, created by the NGO &#8220;<span style="font-style: italic;">Gerando Falc&#245;es</span>&#8221;, which collects and donates digital basic food baskets to registered families. Oxiteno helped more than 200 families, with basic food baskets that were sent to communities near their industrial units.</span></p>
<p style="margin: 10pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In 2021, many innovative projects were developed, such as the development of a tool to assess the sustainability performance of Oxiteno&#8217;s portfolio, to leverage the development of innovative and more sustainable solutions. Oxiteno also promoted discussions with its main clients in 2021 to identify potential joint projects and opportunities that can accelerate positive environmental and social impacts.</span></p>
<p style="margin: 10pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The search for the reduction of environmental impacts, such as the use of water, energy, waste and Greenhouse Gas, or GHG, emissions, necessarily undergo optimization and process efficiency, directly resulting in cost savings and productivity increase. An example is the project to reduce greenhouse gas emissions generated by the transport of Oxiteno's products. This initiative aims to optimize cargo and logistics routes, benefiting not only the environment but also promoting cost reduction and productivity.</span></p>
<p style="margin: 10pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In order to positively influence and promote sustainable development also in the value chain, Oxiteno became the first Brazilian chemical company to establish a partnership with EcoVadis, a global leader in supply chain sustainability assessment.</span></p>
<p style="margin: 10pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Income tax exemption status.</span> Brazilian legislation provides a 75% income tax reduction for businesses located in the Northeast region of Brazil, which depends on SUDENE&#8217;s formal and previous approval. Oxiteno is entitled to this tax benefit at Oxiteno S/A and EMCA until 2026 and Oleoqu&#237;mica until 2030. The total amount of SUDENE&#8217;s income tax reduction for Oxiteno for the years ended December&#160;31, 2021, 2020 and 2019 was R$63.8 million, R$37.9&#160;million and R$18.0 million, respectively.</span></p>
<p style="margin: 10pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">B. </span><span style="font-weight: bold;">Retail Pharmacy</span></span></p>
<p style="margin: 10pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The retail pharmacy business in Brazil is responsible for the purchase, distribution and resale of medicines to end consumers through drugstores. It is also a common practice in this industry to sell beauty and personal care products as well as certain convenience products at drugstores. Its main suppliers are pharmaceutical producers and beauty and personal care producers.</span></p>
<p style="margin: 10pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The retail pharmacy business is a highly regulated industry. In Brazil, the regulation of the sector is executed by the Federal Government, States and Municipalities. The Federal Government enacts laws and regulations of general applicability, which are enforced and complemented by actions of the States and Municipalities. At the federal level, the health and pharmaceutical sectors are regulated and supervised by the Ministry of Health, through ANVISA, a public agency established by Federal Law No.&#160;9,782/99 and regulated by Decree No.&#160;3,029/99.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In addition, pursuant to Law No.&#160;10,742/03 and Decree No.&#160;4,766/03, the regulation of standards and criteria for setting and adjusting the prices of medicines in Brazil is established by the Drug Market Regulation Chamber (&#8220;CMED&#8221;), which fixes a capped price for sales from pharmaceutical companies to their distributors, and for final sales to consumers. This capped-price is based on the mechanism which comprises essentially: (i)&#160;an inflation rate measured by the IPCA; (ii)&#160;factor of productiveness, which is a percentage calculated based on future earnings of productivity by the pharmaceutical industry; and (iii)&#160;factor of price adjustments, which is a percentage calculated based on the input costs applicable among market sector prices and to intra-sector prices. The medicines are readjusted in April of every year. However, some pharmaceutical products, such as herbal and homeopathic medicines are not currently subject to CMED&#8217;s price regulation. In Brazil, the front-store area occupied by drugstores is usually smaller than 300 square meters.</span></p>
<p style="margin: 10pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Brazilian drugstores&#8217; total revenues, according to data from IQVIA, were R$152&#160;billion in 2021, a 11% growth compared to 2020. We believe the sector has potential for continued growth, mainly because of the aging population,&#160;greater access to medicines, especially due to the growing prominence of generic drugs, the growing demand for personal care, wellness and beauty products in drugstores, and higher levels of disposable income among consumers in the longer term. In addition, consolidation of the sector, supported by increasing market formalization and consequent investments, is in its early stages. According to IQVIA, there were approximately 84&#160;thousand drugstores in Brazil in 2021.</span></p>
<p style="margin: 10pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The main types of pharmaceutical products sold in Brazil are listed below:</span></p>
<p style="margin: 10pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic;">Branded medicine </span>&#8212; Innovative products, registered at the federal agency responsible for sanitary surveillance and marketed in the country whose efficacy, safety and quality have been scientifically proven by the federal competent body upon registration.</span></p>
<p style="text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><br/></span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic;">Generic medicine</span> &#8212; Contain the same active ingredient, in the same strength and dosage form, being administered by the same route and with the same therapeutic indication as the reference drug in the country, showing the same safety as the reference drug in the country, and which can be interchangeable with the latter.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic;">Similar medicine </span>&#8212; Contain the same active ingredients, has the same concentration, pharmaceutical form, method of administration, dosage and therapeutic instructions, and is equivalent to a medicine registered with the Federal agency responsible for sanitary surveillance, differing only as regard the characteristics of size and form of the product, period of validity, packaging, labelling, excipients and vehicle.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic;">OTC medicines </span>&#8212; Over the Counter (&#8220;OTC&#8221;) medicines that do not need a prescription to be sold.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">According to ABRAFARMA, the sale of medicines accounted for 68% of the total sales of its members in the retail pharmacy business in Brazil in 2021, and products other than medicines accounted for the remaining 32% of the sales. Sales of OTC products during the winter are usually higher than in warmer seasons, while sales of personal care products during the summer are usually higher than in other seasons.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The following chart shows the supply process of retail pharmacy in Brazil:</span></p>
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<p style="margin: 6pt 0pt 0pt; text-align: center; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><img src="img831d906dbaaf41d9968b.jpg" alt="Image16"></img></span></p>
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<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">Extrafarma </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Benefitting from 60&#160;years of activity in the wholesale and retail of pharmaceutical products, Extrafarma is a leading drugstore chain in&#160;the regions in which it operates. Extrafarma operates in areas where recent sales growth rates have been above the national average, which we believe presents attractive potential for future growth. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">As of December&#160;31, 2021, Extrafarma operated 399 drugstores in ten states of Brazil (121 in Par&#225;, 11 in Amap&#225;, 3 in Tocantins, 91 in Cear&#225;, 57 in Maranh&#227;o, 34 in Pernambuco, 20 in Bahia, 16 in Rio Grande do Norte, 4 in Para&#237;ba and 42 in S&#227;o Paulo). Extrafarma operates four distribution centers: Benevides, in the state of Par&#225;; Aquiraz, in the state of Cear&#225;; Guarulhos, in the state of S&#227;o Paulo and S&#227;o Lu&#237;s, in state of Maranh&#227;o, which are responsible for supplying all of our stores.&#160;</span></p>
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<p style="margin: 10pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Extrafarma operates both in the retail and wholesale of pharmaceutical products. In 2021, Extrafarma&#8217;s net revenues from sales and services reached R$2.0&#160;billion, of which the retail products represented 95% and the wholesale products represented 5%.</span></p>
<p style="margin: 8pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Extrafarma&#8217;s main strategy is focused on the retail business, which is responsible for the larger share of its revenues. Within this business, Extrafarma&#8217;s product mix consists of all the main types of pharmaceutical products (branded medicine, generic medicine, similar medicine and OTC) in addition to personal care products and convenience products. In 2021, out of Extrafarma&#8217;s revenues in the retail business, branded medicines represented 34%, generic/similar medicines represented 15%, OTC 14%, personal care products represented 18% and convenience products represented 18%.</span></p>
<p style="margin: 8pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">On the wholesale side, Extrafarma operates as a distributor of both pharmaceutical and personal care products. It purchases the products from manufacturers and sells them to other drugstore chains and independent retailers, which are serviced through Extrafarma&#8217;s own and leased truck fleet. As of December&#160;31, 2021, the average payment term of Extrafarma&#8217;s sales to independent retailers was 49 days.</span></p>
<p style="margin: 8pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In 2016, Extrafarma remodeled its loyalty program and renamed it <span style="font-style: italic;">Clube Extrafarma</span>. The program provides immediate discounts on purchases, in addition to accumulating 1&#160;point for each R$1 spent. Points received by Extrafarma&#8217;s customers may be exchanged during the period of 6 months for significant discounts in store products, pre-paid mobile phone credits, Km de Vantagens and <span style="font-style: italic;">Latam Pass</span>. As of December&#160;31, 2021, <span style="font-style: italic;">Clube Extrafarma</span> had 11.6&#160;million clients registered.</span></p>
<p style="margin: 8pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Competition</span><span style="font-weight: bold;">. </span>The consolidation process of the retail pharmacy business is in its early stages. The drugstore chains associated with ABRAFARMA represented an estimated 44% of the total revenue in the sector in 2021. There were more than 20 drugstore chains associated with ABRAFARMA in 2021. According to ABRAFARMA, the main players in Brazil are Raia Drogasil S.A., Pague Menos S.A., DPSP S.A., S&#227;o Jo&#227;o Farm&#225;cias and Panvel Farm&#225;cias.</span></p>
<p style="margin: 8pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Innovation. </span>Extrafarma accelerated its digitization process with the launch of the delivery<span style="font-style: italic;"> </span>service via WhatsApp as well as<span style="font-weight: bold;"> </span>e-commerce (sales via the internet), including the possibility of buying over the web and withdrawing from stores. In addition, the company has expanded its partnership with delivery applications. The digital channels are expected to contribute to the expansion of the company's revenue and are in line with the current strategy, which provides for more selectivity in the opening of new stores. In 2020, the company launched a personalized discount coupon program for all stores seeking to increase the average ticket and customer loyalty. Extrafarma also expanded its private label Be better through the launch of new lines of basic care products and vitamins. In line with the strategy of expanding the offer of pharmaceutical services to customers, Extrafarma started a partnership with the largest vaccination clinic in the state of Par&#225;. Also, in 2020, all cash and counter systems were replaced to provide a better shopping experience and greater productivity at points of sale. New digital wallets were also included as possible means of payment. See &#8220;Item 4.A. Information on the Company &#8212; History and Development of the Company &#8212;A.2 Discontinued Operations&#8212; Extrafarma.&#8221;</span></p>
<p style="margin: 8pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Eco-efficient operations.</span><span style="font-weight: bold;"> </span>Extrafarma started an operation of two biogas plants in the state of Maranh&#227;o and Pernambuco, guaranteeing renewable energy to 85 stores and, in 2021, two solar energy plants were inaugurated in the states of Par&#225; and Cear&#225;, which are expected to supply around 200 stores. Among the goals related to energy efficiency, the company established that 90% of stores will be supplied by renewable energy sources and that all distribution centers will be supplied by the free energy market by 2025.</span></p>
<p style="margin: 8pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Extrafarma started working on structuring collection centers, for sorting, segregating and disposing of waste and aims to dedicate in the reverse logistics project for medicine that are expired or out-of-use, which covers all pharmaceutical retailers and manufacturer.</span></p>
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<p style="page-break-after: avoid; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Insurance </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">We maintain insurance policies covering all the facilities of our wholly owned subsidiaries, which we consider appropriate to cover the risks to which we believe we are exposed, including but not limited to loss and damage from fire, lightning, explosion of any nature, windstorm, plane crash and electrical damage. The maximum compensation values based on the maximum possible loss that could result from specific location as of December&#160;31, 2021 are shown below:&#160;</span></p>
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<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">Maximum</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">compensation</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">value</span><span style="font-weight: bold; vertical-align: super;"> </span><span style="font-weight: bold; vertical-align: super;">(</span><span style="font-weight: bold; vertical-align: super;">*)</span> </span><br/></p>
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<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Oxiteno</span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">US$991</span></p>
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<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ipiranga</span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">R$1,418</span><br/></p>
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<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultracargo</span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">R$1,000</span></p>
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<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultragaz</span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">R$354</span></p>
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<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Extrafarma</span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">R$164</span></p>
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<td style="width: 3%; text-align: center;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(*)</span></td>
<td style="width: 97%;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">In millions. In accordance with our policies terms and conditions.</span></td>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">We maintain general liability insurance that covers all our wholly-owned subsidiaries with a maximum coverage of US$250&#160;million for losses and damage incurred by third parties as a result of any accidents that occur in connection with our commercial/industrial operations and/or the distribution and sale of our products and services.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">We maintain Directors&#160;&amp; Officers Liability insurance policies to indemnify members of the Board of Directors, fiscal council and executives of Ultrapar and its subsidiaries (insured persons) in the total amount of US$80&#160;million, which covers any insured liabilities resulting from wrongful acts, including any act or omission or any matter claimed against them solely by reason of his or her serving in such capacity, except if the act, omission or the claim is consequence of gross negligence or willful misconduct.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Until July 2021, we maintained a cyber risks insurance policy with maximum coverage of R$100 million to mitigate losses from a variety of cyber incidents, including data breaches and business interruption.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In addition, we also take out group life and personal accident, national and international transportation, and other insurance policies.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">We believe that our insurance covers, in all material respects, the risks to which we are exposed and is in line with industry standards. However, the occurrence of losses or other liabilities that are not covered by insurance or that exceed the limits of our insurance coverage could result in significant unexpected additional costs.&#160; &#160;</span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">C.</span><span style="font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-weight: bold;">Organizational Structure </span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The following chart shows our organizational structure<span style="vertical-align: super; font-size: 7pt;">(1)</span> for our principal subsidiaries as of December&#160;31, 2021: </span></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;<img src="img7d494fa09c854c9a9d71.jpg" alt="Image18" style="display: block; margin-left: auto; margin-right: auto;"></img></span></p>
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<div><span style="color: #000000; font-family: 'times new roman', times; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Percentages represent approximate ownership of voting share capital and total capital (voting capital/total capital).</span>
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<td style="width: 3%; height: 17px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'times new roman', times; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(1)</span></td>
<td style="width: 97%; height: 17px;"><span style="font-size: 8pt; font-family: 'times new roman', times;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Non-controlling interests in&#160;</span>Uting&#225;s<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;are mainly held by&#160;</span>Copa<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;</span>Energia<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">. and SHV Gas (31% and 8% of total capital, respectively).</span></span></td>
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<td style="height: 17px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'times new roman', times; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(2)</span></td>
<td style="height: 17px;"><span style="font-size: 8pt; font-family: 'times new roman', times;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Other shareholders of RPR are&#160;</span>Petrobras<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;and&#160;</span>Braskem<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">, each holding 1/3 of the voting shares.</span></span></td>
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<td style="height: 17px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'times new roman', times; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(3)</span></td>
<td style="height: 17px;"><span style="font-size: 8pt; font-family: 'times new roman', times;">Uni&#227;o<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;</span>Vopak<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;&#8212; a company jointly owned by&#160;</span>Ultracargo<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;</span>Log&#237;stica<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;and&#160;</span>Vopak<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;</span>Brasil<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;S.A..</span></span></td>
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<td style="height: 17px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'times new roman', times; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(4)</span></td>
<td style="height: 17px;"><span style="font-size: 8pt; font-family: 'times new roman', times;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Iconic &#8212; an association between&#160;</span>Ipiranga<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;and Chevron.</span></span></td>
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<td style="height: 17px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'times new roman', times; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(5)</span></td>
<td style="height: 17px;"><span style="font-size: 8pt; font-family: 'times new roman', times;">Tequimar<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;Vila do Conde &#8212; a company incorporated on May&#160;20, 2019 due the concession of the port of Vila do Conde.</span></span></td>
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<td style="height: 17px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'times new roman', times; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(6)</span></td>
<td style="height: 17px;"><span style="font-size: 8pt; font-family: 'times new roman', times;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Latitude&#160;</span>Log&#237;stica<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;</span>Portu&#225;ria<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;&#8212; a company jointly owned by&#160;</span>Ipiranga<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;and&#160;</span>Petr&#243;leo<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;</span>Sabb&#225;<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;S.A..</span></span></td>
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<td style="height: 17px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'times new roman', times; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.6px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(7)</span></td>
<td style="height: 17px;"><span style="font-size: 8pt; font-family: 'times new roman', times;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.6px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Other shareholders of&#160;</span>Nordeste<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.6px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;</span>Log&#237;stica<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.6px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;I, II and II and&#160;</span>Navegantes<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.6px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;</span>Log&#237;stica<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.6px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;are&#160;</span>Ra&#237;zen<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.6px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;</span>Combust&#237;veis<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.6px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;S.A and&#160;</span>Petrobras<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.6px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">, each holding 1/3 of the voting shares.</span></span></td>
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<td style="height: 17px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'times new roman', times; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.6px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(8)</span></td>
<td style="height: 17px;"><span style="font-size: 8pt; font-family: 'times new roman', times;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.6px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Subsidiary created in January 2020 to provide valuation, business management and financial advisory services to UVC. In September 2020, the company&#8217;s name was changed to &#8220;UVC&#160;</span>Investimentos<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.6px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;</span>Ltda<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.6px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">.&#8221;</span></span></td>
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<td style="height: 17px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'times new roman', times; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.6px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(9)</span></td>
<td style="height: 17px;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.6px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Fund constituted in January 2020 to invest in companies that can leverage or complement our business, and to support, map and invest in startups and new technologies.</span></td>
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<td style="height: 17px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'times new roman', times; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.6px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(10)</span></td>
<td style="height: 17px;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.6px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">In May 2020, Millennium became a direct subsidiary of the Company.</span></td>
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<td style="height: 17px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'times new roman', times; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.6px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(11)</span></td>
<td style="height: 17px;"><span style="font-size: 8pt; font-family: 'times new roman', times;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.6px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Subsidiary created in July 2020, to offer the&#160;</span>abastece<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.6px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;a&#237; app and Km de&#160;</span>Vantagens<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.6px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;programs and to operate in the digital payments segment under the&#160;</span>abastece<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.6px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;a&#237; brand.</span></span></td>
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<td style="height: 22px; vertical-align: top;" valign="top"><span style="font-size: 8pt; font-family: 'times new roman', times;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.6px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; vertical-align: super;">(1</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.6px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; vertical-align: super;">2</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.6px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; vertical-align: super;">)</span></span></td>
<td style="height: 22px;"><span style="font-size: 8pt; font-family: 'times new roman', times;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.6px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">In April 2021, the name of the subsidiary Terminal&#160;</span>Qu&#237;mico<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.6px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;de&#160;</span>Aratu<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.6px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;S.A &#8211;&#160;</span>Tequimar<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.6px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;was changed to&#160;</span>Ultracargo<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.6px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;</span>Log&#237;stica<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.6px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;S.A. (&#8220;</span>Ultracargo<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.6px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;</span>Log&#237;stica<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.6px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#8221;).</span></span></td>
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<td style="height: 17px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'times new roman', times; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.6px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(13)</span></td>
<td style="height: 17px;"><span style="font-size: 8pt; font-family: 'times new roman', times;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.6px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">On December 31, 2021, the Company re-presented&#160;its related line of business of&#160;</span>Oxiteno<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.6px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;and&#160;</span>Extrafarma<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.6px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;as held for sale and discontinued operations. The sale of&#160;</span>Oxiteno<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.6px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;was closed on April 1, 2022. We expect to conclude the sale of&#160;</span>Extrafarma<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.6px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;during 2022. For more information on our continued and discontinued operations, please see "Item 4.A. History and Development of the Company &#8212;A.1. Continuing Operations&#8221; and &#8220;&#8212;A.2 Discontinued Operations.&#8221;</span></span></td>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">We conduct our LPG distribution business through Ultragaz, composed of Cia. Ultragaz, Bahiana and Uting&#225;s. Cia. Ultragaz operates in the business of distribution of LPG, primarily in the South, Southeast and Midwest regions of Brazil. Bahiana operates in the business of distribution of LPG, primarily in the Northeast regions of Brazil. Uting&#225;s is an LPG storage company, with facilities in the states of S&#227;o Paulo and Paran&#225;.&#160;</span></p>
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<p style="margin: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><br/></span></p>
<p style="page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">We conduct our fuel distribution business through Ipiranga, represented by our wholly owned subsidiary Ipiranga, except for Ipiranga&#8217;s subsidiaries that operates in the LPG distribution business, as described above and Extrafarma as described below. Ipiranga covers the distribution and marketing of petroleum products, fuel ethanol and NGV throughout Brazil. Ipiranga also, through its subsidiaries, owns AmPm brand in Brazil and Tropical, which provides transportation services for Ipiranga and other fuel distributors.</span></p>
<p style="margin: 8pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">We conduct liquid bulk storage business through our wholly owned subsidiary, Ultracargo, which operates through its subsidiary Ultracargo Log&#237;stica, which maintains storage facilities at seven terminals, of which two are located near the main petrochemical complexes in Brazil, Cama&#231;ari and S&#227;o Paulo.</span></p>
<p style="margin: 8pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">We conduct a digital payment business through the brand abastece a&#237;, which was created in 2020 combining the abastece a&#237; app and the loyalty program Km de Vantagens, both of which became a new subsidiary of the Ultra Group.</span></p>
<p style="margin: 8pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Until April 1, 2022, we conducted petrochemical and chemical activities through our then-wholly owned subsidiary, Oxiteno. Oxiteno operates in the sector directly and through its subsidiaries, Oleoqu&#237;mica, EMCA, Oxiteno Mexico and Oxiteno Uruguay. Oxiteno directly operates plants located in the state of S&#227;o Paulo; in Cama&#231;ari, in the state of Bahia; and in Triunfo, in the state of Rio Grande do Sul. Oleoqu&#237;mica and EMCA also operate in the Cama&#231;ari plant. Oxiteno Mexico operates three plants in Mexico, one plant located in Uruguay through Oxiteno Uruguay and one plant in the United States through Oxiteno USA. On April 1, 2022, we consummated the sale of all shares of Oxiteno pursuant to the share purchase and sale agreement dated August 16, 2021. As a result, we have re-presented our related line of business as held for sale and discontinued operations. For more information, see &#8220;Item&#160;4.A. Information on the Company&#8212;History and Development of the Company&#8212; A.2. Discontinued Operations&#8212;Oxiteno.&#8221;</span></p>
<p style="margin: 8pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">We conduct retail and wholesale pharmacy businesses through our wholly owned subsidiary, Extrafarma, which operates in the North, Northeast and Southeast regions of Brazil. The operation of Extrafarma has been re-presented as held for sale and discontinued operation. We expect that the sale of Extrafarma will be concluded during 2022. For more information see &#8220;Item&#160;4.A. Information on the Company&#8212;History and Development of the Company&#8212; A.2. Discontinued Operations&#8212;Extrafarma.&#8221;</span></p>
<p style="margin: 8pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">On August&#160;4, 2016, the Company, through its subsidiary Ipiranga, entered into an association agreement with Chevron to create a new company in the lubricants market. The association is formed by Ipiranga and Chevron&#8217;s lubricants operations in Brazil. On December&#160;1, 2017, the association process was concluded, with the contribution of the subsidiary IpiLubs to CBLSA pursuant to which Ipiranga obtained direct control of CBLSA. Ipiranga and Chevron hold 56% and 44%, respectively, of CBLSA. In order to simplify the corporate structure and join companies with similar activities, IpiLubs was merged with and into CBLSA on November&#160;1, 2018. In that same shareholders&#8217; meeting, the subsidiary changed its corporate name to Iconic.</span></p>
<p style="margin: 8pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In September 2016, subsidiary Ultrapar International S.A. was created and subsequently issued an aggregate principal amount of US$750&#160;million of notes in the foreign capital markets.</span></p>
<p style="margin: 8pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">On January&#160;30, 2018, the Company through its subsidiary Ultracargo Log&#237;stica entered into a share purchase and sale agreement for the acquisition of 100% of the quotas of TEAS, owned by Ra&#237;zen Energia S.A. and Ra&#237;zen Araraquara A&#231;&#250;car e &#193;lcool Ltda., which were operated by the subsidiary Ultracargo Log&#237;stica in the port of Santos. The closing of the acquisition took place on March&#160;29, 2018.</span></p>
<p style="margin: 8pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">As of the date hereof, all our material subsidiaries are incorporated under the laws of Brazil. For further information, see &#8220;Item 4.A. Information on the Company&#8212;History and Development of the Company.&#8221;</span></p>
<p style="margin: 8pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">D. </span><span style="font-weight: bold;">&#160; &#160; &#160;</span><span style="font-weight: bold;">Property, Plant and Equipment</span></span></p>
<p style="margin: 8pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Continuing Operations</span></p>
<p style="margin: 8pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Ultragaz </span></p>
<p style="margin: 8pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultragaz&#8217;s LPG distribution network includes 19 filling plants. LPG is carried to the filling plants either via gas pipelines from Petrobras&#8217; installations or by tanker trucks. When LPG transportation is via gas pipeline the bases are known as primary and when transportation is via tanker truck, the bases are known as secondary. Ultragaz also operates LPG storage bases, known as satellite bases for supplying our bulk trucks. Ultragaz maintains storage facilities for LPG bottles and satellite bulk distribution plants at strategic locations in order to maintain supplies close to its customer bases and thus to reduce transportation costs. LPG is stored in the filling plants in large LPG storage tanks with an average of 59 tons per tank. In the case of LPG to be delivered in bulk, the LPG is pumped directly from the storage tanks into the bulk tankers. In the case of LPG to be delivered in bottles, the LPG is pumped from the storage tanks into a number of filling heads, which fill the LPG bottles.</span></p>
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<p style="text-indent: 24.4pt; margin: 8pt 0pt 6pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The following table sets forth the total storage capacity, total filling capacity during 2021 and the 2021 average filling utilization for each of Ultragaz&#8217;s primary and secondary filling stations and satellite stations.&#160;</span></p>
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<p style="margin: 0pt; break-after: avoid; text-align: left;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Base</span></p>
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<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">Total</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">storage</span></span><br/><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">capacity</span></p>
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<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Filling capacity</span></p>
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<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">2021</span><br/><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">average</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">filling</span></span><br/><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">utilization</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">rate</span></span></p>
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<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">(in</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">tons)</span></span></p>
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<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">(in</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">tons</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">per</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">month)</span></span></p>
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<tbody>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; width: 40%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Aracaju&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; width: 14%; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Secondary</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; width: 14%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">240</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; width: 14%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">4,680</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; width: 13%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">62%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; width: 1%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ara&#231;atuba&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Satellite</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">180</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><br/></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Aracruz&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Secondary</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">120</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">4,680</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">20%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Araraquara&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Satellite</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">60</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><br/></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Arauc&#225;ria&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">240</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">9,360</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">71%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Barra de S&#227;o Francisco&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Secondary</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">360</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2,496</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">64%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Barueri&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Secondary</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1,500</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">5,720</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">65%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Bauru&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Satellite</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">60</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Betim&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Secondary</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">480</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">9,360</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">38%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Canoas&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Secondary</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">600</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">4,680</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">85%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Capuava&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">720</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">14,040</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">34%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Cascavel&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Satellite</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">120</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: top; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Caucaia&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Secondary</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">420</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">8,580<span style="font-size: 8pt;"><sup>(1)</sup></span></span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">65%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Caxias do Sul&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Satellite</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">60</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Chapec&#243;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Satellite</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">60</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Florian&#243;polis&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Satellite</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">30</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: top; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Goi&#226;nia&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Secondary</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">360</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">8,580<span style="font-size: 8pt;"><sup>(1)</sup></span></span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">51%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Imbiru&#231;u&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Satellite</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">480</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Jo&#227;o Pessoa&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Satellite</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">60</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Joinville&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Satellite</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">30</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Juazeiro&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Secondary</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">180</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">4,680</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">70%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Londrina&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Satellite</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">60</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: top; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Mataripe&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1,025</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">17,700<span style="font-size: 8pt;"><sup>(1)</sup></span></span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">66%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Mau&#225;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Satellite</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">720</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Miramar&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">420</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">5,720</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">0%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Mucuripe&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Satellite</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">360</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Paul&#237;nia&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1,800</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">9,360</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">64%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Paul&#237;nia SPGas&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Satellite</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">480</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Piraj&#225; &#8211; Salvador&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Satellite</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">60</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ponta Grossa&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Satellite</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">60</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Pouso Alegre&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Satellite</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">60</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: top; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ribeir&#227;o Preto&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Secondary</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">360</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">7,020<span style="font-size: 8pt;"><sup>(1)</sup></span></span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">66%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Rio de Janeiro&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">840</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">5,720</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">75%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Santos&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2,400</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">3,900</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">51%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">S&#227;o Jos&#233; do Rio Preto&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Satellite</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">60</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">S&#227;o Jos&#233; dos Campos&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">600</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">5,720</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">50%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">S&#227;o Jos&#233; dos Campos&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Satellite</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">360</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Sorocaba&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Satellite</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">120</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: top; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Suape&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px; background-color: #cceeff; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">480</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px; background-color: #cceeff; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">11,440<span style="font-size: 8pt;"><sup>(1)</sup></span></span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px; background-color: #cceeff; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">63%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">Total (ex-Uting&#225;s)</span><span style="font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></span></p>
</td>
<td style="vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">16,625</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">143,436</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">56%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: top; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Arauc&#225;ria<span style="font-size: 8pt;"><sup>(2)</sup></span>&#160; &#160; &#160; &#160; &#160; &#160;</span></p>
</td>
<td style="vertical-align: top; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Uting&#225;s</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">630</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: top; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Santo Andr&#233;<span style="font-size: 8pt;"><sup>(2)</sup></span>&#160; &#160; &#160; &#160; &#160; &#160;&#160;</span></p>
</td>
<td style="vertical-align: top; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Uting&#225;s</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">3,534</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">Total </span><span style="font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">20,789</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">143,436</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">56%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
</tbody>
</table>
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td style="width: 10%; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"><br/></td>
<td style="width: 90%;"><br/></td>
</tr>
</tbody>
</table>
<table style="width: 100%; margin-left: 0.1px; height: 34px; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr style="height: 17px;">
<td style="width: 3%; height: 17px; text-align: center;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -25px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(1)</span></td>
<td style="width: 97%; height: 17px;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -25px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">These facilities operated with more than one 8-hour shift per day.</span></td>
</tr>
<tr style="height: 17px;">
<td style="height: 17px; text-align: center;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -25px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(2)</span></td>
<td style="height: 17px;"><span style="font-size: 8pt;"><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -25px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Only the storage capacity share indirectly owned by&#160;</span>Ultragaz<span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -25px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">.</span></span></td>
</tr>
</tbody>
</table>
</div>
<div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">90</span></td>
</tr>
</tbody>
</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
</div>
<div>
<p style="margin: 0pt 0pt 0pt 24.85pt; text-indent: -18.75pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&#160; &#160; &#160; &#160;</span></span></p>
<p style="text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In addition, Ultragaz maintains headquarters in the city of S&#227;o Paulo and regional offices in the areas in which it operates.&#160;&#160;</span></p>
</div>
<div style="margin: 0px; text-indent: 0px;">
<p style="margin: 12pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Ultracargo</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The following table sets forth the main products stored at and the storage capacity operated by Ultracargo&#8217;s facilities as of December&#160;31, 2021.</span></p>
<p style="margin: 0pt 0pt 0pt 18.35pt; text-indent: -18.35pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 132px;" width="100%">
<tbody>
<tr style="height: 10px;">
<td style="vertical-align: middle; text-align: left; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Facility</span></p>
</td>
<td style="vertical-align: middle; text-align: left; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Installed capacity</span><br/><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">(incubicmeters)</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Product&#160;lines</span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: middle; text-align: left; height: 17px; background-color: #cceeff; width: 40%;">
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Santos (state of S&#227;o Paulo)</span></p>
</td>
<td style="vertical-align: middle; text-align: left; height: 17px; background-color: #cceeff; width: 2%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 16%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">296,791</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 2%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 40%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Chemicals, ethanol, lubricants, fuels and corrosives</span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: middle; text-align: left; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Aratu (state of Bahia)</span></p>
</td>
<td style="vertical-align: middle; text-align: left; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">218,190</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Chemicals, ethanol, vegetable oils, corrosives and fuels</span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: middle; text-align: left; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Suape (state of Pernambuco)</span></p>
</td>
<td style="vertical-align: middle; text-align: left; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">157,910</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Chemicals, ethanol, corrosives and&#160;fuels</span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: middle; text-align: left; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Itaqui (state of Maranh&#227;o)</span></p>
</td>
<td style="vertical-align: middle; text-align: left; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">155,030</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ethanol and fuels</span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: middle; text-align: left; height: 17px; background-color: #cceeff;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: left; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Vila do Conde (state of<span>&#160;</span></span>Par&#225;<span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: left; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="vertical-align: middle; text-align: left; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; text-align: center; height: 17px; background-color: #cceeff;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">110,000</span></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Ethanol and fuels</span></td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: middle; text-align: left; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Rio de Janeiro (state of Rio de Janeiro)</span></p>
</td>
<td style="vertical-align: middle; text-align: left; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">17,264</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Corrosives and lubricants</span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: middle; text-align: left; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Paranagu&#225; (state of Paran&#225;)</span></p>
</td>
<td style="vertical-align: middle; text-align: left; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">28,099</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Corrosives and vegetable oils</span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: middle; text-align: left; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Total</span></p>
</td>
<td style="vertical-align: middle; text-align: left; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">983,284</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
</tr>
</tbody>
</table>
<p style="margin: 12pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">For more information see &#8220;Item 4.B. Business Overview &#8212; Storage Services for Liquid Bulk &#8212; Ultracargo &#8212; Storage facilities.&#8221;&#160;</span></p>
<p style="margin: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><br/></span></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Ipiranga </span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Distribution of fuels is carried out through an extensive network of primary and secondary storage terminals. Primary storage terminals are generally located near refineries and are used as storage terminals for products to be transported either to secondary storage terminals or to large customers and TRRs. Distributors own their storage terminals (Owned), lease space in third parties&#8217; storage terminals (Third Party Agreement&#8212;TPA) or participate in pools (Joint-Operated terminals&#8212;JO) that serve two or more distributors. The following table sets forth the total storage capacity and ownership structure for each of Ipiranga&#8217;s primary and secondary facilities in 2021.</span></p>
<p style="margin: 0px; text-indent: 0px;"><br/></p>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">91</span></td>
</tr>
</tbody>
</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 0px; break-after: avoid; text-indent: 0px;"><br/></p>
<table cellpadding="0" style="height: 856px; border-collapse: collapse; margin: 0px 0px 0px 0.1px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px;" width="100%">
<thead>
<tr style="height: 10px;">
<th style="vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0px; break-after: avoid; text-align: left; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Storage Terminal</span></p>
</th>
<th style="vertical-align: bottom; height: 10px;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;">
<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">Type</span> </span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;">
<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">Owner</span><span style="font-weight: bold;">ship</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">Structure</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">of</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">Storage</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">Te</span><span style="font-weight: bold;">r</span><span style="font-weight: bold;">minal</span> </span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;">
<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">Storage</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">Capacity</span></span><br/><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">(cubic</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">meters)</span> </span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></th>
</tr>
</thead>
<tbody>
<tr style="height: 19px; background-color: #cceeff;">
<td style="vertical-align: top; height: 19px; padding: 0px; margin: 0px; text-indent: 0px; width: 54%; background-color: #cceeff;">
<p style="margin: 0px; break-after: avoid; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">A&#231;ail&#226;ndia&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; width: 1%; height: 19px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 12%; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Secondary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1%; height: 19px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 20%; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">JO&#160;operated&#160;by&#160;others<span style="font-size: 8pt;"><sup>(2)</sup></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1%; height: 19px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; margin: 0px; text-indent: 0px; width: 10%; text-align: right; background-color: #cceeff;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">4,456</span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; width: 1%; height: 19px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: top; height: 10px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; break-after: avoid; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Arauc&#225;ria&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">TPA<span style="font-size: 8pt;"><sup>(1)</sup></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1,303</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="vertical-align: top; height: 19px; padding: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Arauc&#225;ria&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">JO&#160;operated&#160;by&#160;others<span style="font-size: 8pt;"><sup>(2)</sup></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; text-align: right; background-color: #cceeff;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">55,859</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="vertical-align: top; height: 18px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Bag&#233;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Secondary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Owned</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2,691</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="vertical-align: top; height: 18px; padding: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Barcarena&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 18px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Owned</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; text-align: right; background-color: #cceeff;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">9,202</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="vertical-align: top; height: 19px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Barcarena&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">TPA<span style="font-size: 8pt;"><sup>(1)</sup></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">25,000</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="vertical-align: top; height: 19px; padding: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Barueri&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">TPA<span style="font-size: 8pt;"><sup>(1)</sup></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; text-align: right; background-color: #cceeff;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">780</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="vertical-align: top; height: 18px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Barueri&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Owned</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">22,071</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="vertical-align: top; height: 18px; padding: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Bauru&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 18px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Secondary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Owned</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; text-align: right; background-color: #cceeff;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">3,259</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="vertical-align: top; height: 18px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Bel&#233;m&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Owned</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">19,886</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="vertical-align: top; height: 19px; padding: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Betim&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">JO&#160;operated&#160;by&#160;Ipiranga<span style="font-size: 8pt;"><sup>(2)</sup></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; text-align: right; background-color: #cceeff;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">12,013</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="vertical-align: top; height: 19px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Betim&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">JO&#160;operated&#160;by&#160;others<span style="font-size: 8pt;"><sup>(2)</sup></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">7,127</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="vertical-align: top; height: 19px; padding: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Bigua&#231;u&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">TPA<span style="font-size: 8pt;"><sup>(1)</sup></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; text-align: right; background-color: #cceeff;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2,583</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="vertical-align: top; height: 19px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Bras&#237;lia&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">JO&#160;operated&#160;by&#160;others<span style="font-size: 8pt;"><sup>(2)</sup></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">8,752</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="vertical-align: top; height: 19px; padding: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Cabedelo&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">TPA<span style="font-size: 8pt;"><sup>(1)</sup></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; text-align: right; background-color: #cceeff;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">8,977</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="vertical-align: top; height: 18px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Campo Grande&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Secondary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Owned</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">5,873</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="vertical-align: top; height: 19px; padding: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Campos&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Secondary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">JO&#160;operated&#160;by&#160;Ipiranga<span style="font-size: 8pt;"><sup>(2)</sup></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; text-align: right; background-color: #cceeff;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">3,705</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="vertical-align: top; height: 18px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Canoas&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Owned</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">41,508</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="vertical-align: top; height: 19px; padding: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Canoas&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">TPA<span style="font-size: 8pt;"><sup>(1)</sup></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; text-align: right; background-color: #cceeff;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">200</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="vertical-align: top; height: 18px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Cascavel&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Secondary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Owned</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2,702</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="vertical-align: top; height: 18px; padding: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Caxias&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 18px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Owned</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; text-align: right; background-color: #cceeff;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">36,283</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="vertical-align: top; height: 19px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Caxias&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">JO&#160;operated&#160;by&#160;others<span style="font-size: 8pt;"><sup>(2)</sup></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">8,824</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="vertical-align: top; height: 19px; padding: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Chapec&#243;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Secondary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">TPA<span style="font-size: 8pt;"><sup>(1)</sup></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; text-align: right; background-color: #cceeff;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2,930</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="vertical-align: top; height: 18px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Cruz Alta&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Secondary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Owned</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">5,480</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="vertical-align: top; height: 18px; padding: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Cubat&#227;o&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 18px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Owned</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; text-align: right; background-color: #cceeff;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">9,585</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="vertical-align: top; height: 19px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Cubat&#227;o&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">TPA<span style="font-size: 8pt;"><sup>(1)</sup></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="vertical-align: top; height: 18px; padding: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Cuiab&#225;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 18px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Secondary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Owned</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; text-align: right; background-color: #cceeff;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1,555</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="vertical-align: top; height: 19px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Cuiab&#225;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Secondary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">TPA</span><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 8pt;"><sup>(1)</sup></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">360</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="vertical-align: top; height: 19px; padding: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Fortaleza&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">TPA</span><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 8pt;"><sup>(1)</sup></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; text-align: right; background-color: #cceeff;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">4,230</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="vertical-align: top; height: 19px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Goi&#226;nia&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">TPA</span><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 8pt;"><sup>(1)</sup></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">5,282</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="vertical-align: top; height: 19px; padding: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Goi&#226;nia&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">JO&#160;operated&#160;by&#160;others</span><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 8pt;"><sup>(2)</sup></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; text-align: right; background-color: #cceeff;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">8,469</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="vertical-align: top; height: 18px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Governador Valadares&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Secondary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Owned</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">5,449</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="vertical-align: top; height: 19px; padding: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Guamar&#233;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">JO&#160;operated&#160;by&#160;others</span><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 8pt;"><sup>(2)</sup></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; text-align: right; background-color: #cceeff;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">3,053</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="vertical-align: top; height: 19px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Guaramirim&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">TPA</span><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 8pt;"><sup>(1)</sup></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1,160</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="vertical-align: top; height: 18px; padding: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Guarapuava&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 18px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Secondary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Owned</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; text-align: right; background-color: #cceeff;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">5,624</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="vertical-align: top; height: 19px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Guarulhos&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">TPA</span><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 8pt;"><sup>(1)</sup></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2,050</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="vertical-align: top; height: 19px; padding: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Imbiru&#231;u&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">JO&#160;operated&#160;by&#160;</span>Ipiranga<span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 8pt;"><sup>(2)</sup></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; text-align: right; background-color: #cceeff;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">4,555</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="vertical-align: top; height: 19px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Itabuna&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">TPA</span><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 8pt;"><sup>(1)</sup></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">225</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="vertical-align: top; height: 19px; padding: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Itacoatiara&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">TPA</span><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 8pt;"><sup>(1)</sup></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; text-align: right; background-color: #cceeff;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">20,000</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="vertical-align: top; height: 18px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Itaituba&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Secondary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Owned</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1,350</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="vertical-align: top; height: 19px; padding: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Itaja&#237;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">JO&#160;operated&#160;by&#160;</span>Ipiranga<span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 8pt;"><sup>(2)</sup></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; text-align: right; background-color: #cceeff;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">9,429</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="vertical-align: top; height: 19px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Itaja&#237;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">TPA</span><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 8pt;"><sup>(1)</sup></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">3,256</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="vertical-align: top; height: 19px; padding: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Jequi&#233;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">JO&#160;operated&#160;by&#160;others</span><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 8pt;"><sup>(2)</sup></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; text-align: right; background-color: #cceeff;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">6,219</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="vertical-align: top; height: 19px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Juazeiro&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Secondary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">JO&#160;operated&#160;by&#160;others</span><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 8pt;"><sup>(2)</sup></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1,813</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
</tr>
<tr style="background-color: #cceeff; height: 17px;">
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Lages</span></td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; text-align: center;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Secondary</span></td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; text-align: center;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 13.3333px; float: none; display: inline !important;">TPA</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 8pt;"><sup>(1)</sup></span></td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; text-align: right; background-color: #cceeff; height: 17px;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">1,310</span></td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Londrina</span></td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; text-align: center;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Secondary</span><br/></td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; text-align: center;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 13.3333px; float: none; display: inline !important;">JO&#160;operated&#160;by&#160;</span>Ipiranga<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 8pt;"><sup>(2)</sup></span></td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; text-align: right; height: 17px;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">6,111</span></td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
<br/>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">92</span></td>
</tr>
</tbody>
</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<table cellpadding="0" style="height: 878px; border-collapse: collapse; margin: 0px 0px 0px 0.1px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px;" width="100%">
<thead>
<tr style="height: 39px;">
<th style="vertical-align: bottom; height: 39px; border-bottom: 1pt solid #000000;">
<p style="margin: 0px; break-after: avoid; text-align: left; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Storage Terminal</span></p>
</th>
<th style="vertical-align: bottom; height: 39px;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 39px; border-bottom: 1pt solid #000000;">
<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">Type</span> </span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 39px;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 39px; border-bottom: 1pt solid #000000;">
<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">Owner</span><span style="font-weight: bold;">ship</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">Structure</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">of</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">Storage</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">Te</span><span style="font-weight: bold;">r</span><span style="font-weight: bold;">minal</span> </span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 39px;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 39px; border-bottom: 1pt solid #000000;">
<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">Storage</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">Capacity</span></span><br/><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">(cubic</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">meters)</span> </span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 39px;"><br/></th>
</tr>
</thead>
<tbody>
<tr style="background-color: #cceeff; height: 19px;">
<td style="vertical-align: top; background-color: #cceeff; height: 19px; padding: 0px; margin: 0px; text-indent: 0px; width: 54%;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Luis Eduardo Magalh&#227;es&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; height: 19px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; margin: 0px; text-indent: 0px; width: 12%;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Secondary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 19px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; margin: 0px; text-indent: 0px; width: 20%;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 13.3333px; float: none; display: inline !important;">TPA</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 8pt;"><sup>(1)</sup></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 19px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; margin: 0px; text-indent: 0px; text-align: right; width: 10%;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">310</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 19px; width: 1%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="vertical-align: top; height: 19px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Macap&#225;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 13.3333px; float: none; display: inline !important;">JO&#160;operated&#160;by&#160;</span>Ipiranga<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 8pt;"><sup>(2)</sup></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">3,192</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
</tr>
<tr style="background-color: #cceeff; height: 19px;">
<td style="vertical-align: top; background-color: #cceeff; height: 19px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Macei&#243;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 13.3333px; float: none; display: inline !important;">JO&#160;operated&#160;by&#160;</span>Ipiranga<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 8pt;"><sup>(2)</sup></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">4,824</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="vertical-align: top; height: 18px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Manaus&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Owned</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">8,718</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
</tr>
<tr style="background-color: #cceeff; height: 19px;">
<td style="vertical-align: top; background-color: #cceeff; height: 19px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Marab&#225;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Secondary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 13.3333px; float: none; display: inline !important;">TPA</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 8pt;"><sup>(1)</sup></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1,231</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="vertical-align: top; height: 19px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Maring&#225;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Secondary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 13.3333px; float: none; display: inline !important;">TPA</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 8pt;"><sup>(1)</sup></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1,843</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
</tr>
<tr style="background-color: #cceeff; height: 19px;">
<td style="vertical-align: top; background-color: #cceeff; height: 19px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Miritituba&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Secondary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 13.3333px; float: none; display: inline !important;">JO&#160;operated&#160;by&#160;others</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 8pt;"><sup>(2)</sup></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">6,932</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="vertical-align: top; height: 18px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Montes Claros&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Secondary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Owned</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">6,037</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
</tr>
<tr style="background-color: #cceeff; height: 18px;">
<td style="vertical-align: top; background-color: #cceeff; height: 18px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Munguba&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Secondary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Owned</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">12,376</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="vertical-align: top; height: 18px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ourinhos&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Secondary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Owned</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">10,402</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
</tr>
<tr style="background-color: #cceeff; height: 19px;">
<td style="vertical-align: top; background-color: #cceeff; height: 19px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Paranagu&#225;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 13.3333px; float: none; display: inline !important;">TPA</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 8pt;"><sup>(1)</sup></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">90,000</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="vertical-align: top; height: 19px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Passo Fundo&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 13.3333px; float: none; display: inline !important;">JO&#160;operated&#160;by&#160;</span>Ipiranga<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 8pt;"><sup>(2)</sup></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">8,930</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
</tr>
<tr style="background-color: #cceeff; height: 18px;">
<td style="vertical-align: top; background-color: #cceeff; height: 18px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Paul&#237;nia&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Owned</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">10,193</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="vertical-align: top; height: 19px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Paul&#237;nia&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 13.3333px; float: none; display: inline !important;">JO&#160;operated&#160;by&#160;</span>Ipiranga<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 8pt;"><sup>(2)</sup></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">23,652</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
</tr>
<tr style="background-color: #cceeff; height: 19px;">
<td style="vertical-align: top; background-color: #cceeff; height: 19px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Porto Nacional&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Secondary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 13.3333px; float: none; display: inline !important;">TPA</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 8pt;"><sup>(1)</sup></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">8,222</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="vertical-align: top; height: 18px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Porto Velho&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Secondary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Owned</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">8,318</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
</tr>
<tr style="background-color: #cceeff; height: 19px;">
<td style="vertical-align: top; background-color: #cceeff; height: 19px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Porto Velho&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Secondary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 13.3333px; float: none; display: inline !important;">TPA</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 8pt;"><sup>(1)</sup></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">900</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="vertical-align: top; height: 18px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Pres. Prudente&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Secondary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Owned</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">3,682</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
</tr>
<tr style="background-color: #cceeff; height: 19px;">
<td style="vertical-align: top; background-color: #cceeff; height: 19px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ribeir&#227;o Preto&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 13.3333px; float: none; display: inline !important;">JO&#160;operated&#160;by&#160;others</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 8pt;"><sup>(2)</sup></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">13,171</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="vertical-align: top; height: 19px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Rio Grande&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 13.3333px; float: none; display: inline !important;">TPA</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 8pt;"><sup>(1)</sup></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">3,466</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
</tr>
<tr style="background-color: #cceeff; height: 18px;">
<td style="vertical-align: top; background-color: #cceeff; height: 18px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Rondon&#243;polis&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Secondary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Owned</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">10,710</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="vertical-align: top; height: 18px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Santa Maria&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Secondary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Owned</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">5,824</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
</tr>
<tr style="background-color: #cceeff; height: 18px;">
<td style="vertical-align: top; background-color: #cceeff; height: 18px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Santar&#233;m&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Secondary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Owned</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">3,968</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="vertical-align: top; height: 19px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Santos&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 13.3333px; float: none; display: inline !important;">TPA</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 8pt;"><sup>(1)</sup></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">63,000</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
</tr>
<tr style="background-color: #cceeff; height: 18px;">
<td style="vertical-align: top; background-color: #cceeff; height: 18px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">S&#227;o Caetano&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Owned</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">24,367</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="vertical-align: top; height: 19px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">S&#227;o Francisco do Conde&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 13.3333px; float: none; display: inline !important;">TPA</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 8pt;"><sup>(1)</sup></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">4,701</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
</tr>
<tr style="background-color: #cceeff; height: 19px;">
<td style="vertical-align: top; background-color: #cceeff; height: 19px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">S&#227;o Jos&#233; do Rio Preto&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Secondary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 13.3333px; float: none; display: inline !important;">JO&#160;operated&#160;by&#160;others</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 8pt;"><sup>(2)</sup></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1,741</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="vertical-align: top; height: 18px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">S&#227;o Jos&#233; do Rio Preto&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Secondary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Owned</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">8,712</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
</tr>
<tr style="background-color: #cceeff; height: 18px;">
<td style="vertical-align: top; background-color: #cceeff; height: 18px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">S&#227;o Jos&#233; do Rio Preto&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Secondary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Owned</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2,170</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="vertical-align: top; height: 19px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">S&#227;o Jos&#233; dos Campos&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 13.3333px; float: none; display: inline !important;">JO&#160;operated&#160;by&#160;others</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 8pt;"><sup>(2)</sup></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">13,471</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
</tr>
<tr style="background-color: #cceeff; height: 19px;">
<td style="vertical-align: top; background-color: #cceeff; height: 19px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">S&#227;o Jos&#233; dos Campos&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 13.3333px; float: none; display: inline !important;">TPA</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 8pt;"><sup>(1)</sup></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">700</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="vertical-align: top; height: 19px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">S&#227;o Luis&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 13.3333px; float: none; display: inline !important;">TPA</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 8pt;"><sup>(1)</sup></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">53,450</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
</tr>
<tr style="background-color: #cceeff; height: 19px;">
<td style="vertical-align: top; background-color: #cceeff; height: 19px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">S&#227;o Luis&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 13.3333px; float: none; display: inline !important;">JO&#160;operated&#160;by&#160;</span>Ipiranga<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 8pt;"><sup>(2)</sup></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">14,352</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="vertical-align: top; height: 19px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Sarandi&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Secondary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 13.3333px; float: none; display: inline !important;">TPA</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 8pt;"><sup>(1)</sup></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">5,410</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
</tr>
<tr style="background-color: #cceeff; height: 19px;">
<td style="vertical-align: top; background-color: #cceeff; height: 19px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Sinop&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Secondary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 13.3333px; float: none; display: inline !important;">TPA</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 8pt;"><sup>(1)</sup></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">630</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="vertical-align: top; height: 19px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Suape&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 13.3333px; float: none; display: inline !important;">TPA</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 8pt;"><sup>(1)</sup></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">30,450</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
</tr>
<tr style="background-color: #cceeff; height: 19px;">
<td style="vertical-align: top; background-color: #cceeff; height: 19px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Suape&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 13.3333px; float: none; display: inline !important;">JO&#160;operated&#160;by&#160;others</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 8pt;"><sup>(2)</sup></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">18,066</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="vertical-align: top; height: 19px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Teresina&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Secondary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 13.3333px; float: none; display: inline !important;">JO&#160;operated&#160;by&#160;others</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 8pt;"><sup>(2)</sup></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">4,848</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
</tr>
<tr style="background-color: #cceeff; height: 19px;">
<td style="vertical-align: top; background-color: #cceeff; height: 19px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Teresina&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Secondary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 13.3333px; float: none; display: inline !important;">TPA</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 8pt;"><sup>(1)</sup></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">891</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="vertical-align: top; height: 19px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Uberaba&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 13.3333px; float: none; display: inline !important;">TPA</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 8pt;"><sup>(1)</sup></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1,355</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
</tr>
<tr style="background-color: #cceeff; height: 19px;">
<td style="vertical-align: top; background-color: #cceeff; height: 19px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Uberl&#226;ndia&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 13.3333px; float: none; display: inline !important;">JO&#160;operated&#160;by&#160;others</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 8pt;"><sup>(2)</sup></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">10,965</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="vertical-align: top; height: 19px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Vila Velha&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 13.3333px; float: none; display: inline !important;">TPA</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 8pt;"><sup>(1)</sup></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">14,569</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
</tr>
<tr style="background-color: #cceeff; height: 18px;">
<td style="vertical-align: top; background-color: #cceeff; height: 18px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Vilhena&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Secondary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Owned</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">884</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="vertical-align: top; height: 19px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Vit&#243;ria&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160;</span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Primary</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 13.3333px; float: none; display: inline !important;">TPA</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 8pt;"><sup>(1)</sup></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; text-align: right; border-bottom: 1px solid #000000;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">6,998</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: bottom; height: 17px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">Total</span><span style="font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="line-height: 2pt; margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="line-height: 2pt; margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; text-align: right; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">921,278</span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td style="width: 15.4947%; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"><br/></td>
<td style="width: 84.5053%;"><br/></td>
</tr>
</tbody>
</table>
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td style="width: 5.43745%;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(1)</span></td>
<td style="width: 94.5626%;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Third party agreements</span></td>
</tr>
<tr>
<td style="width: 5.43745%;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(2)</span></td>
<td style="width: 94.5626%;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Joint-operated with other distributors</span></td>
</tr>
</tbody>
</table>
<table style="font-size: 10pt; width: 100%; font-family: 'times new roman';">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">93</span></td>
</tr>
</tbody>
</table>
</div>
<div><hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<div>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><br/></span></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Discontinued Operations</span></p>
<p style="margin: 12pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Oxiteno </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">While operated by us, Oxiteno had six plants in Brazil: Cama&#231;ari plants in the Northeast complex, Mau&#225; plant in the S&#227;o Paulo complex, Triunfo plant in the Southern complex and Trememb&#233; and Suzano plants in the state of S&#227;o Paulo.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The following table sets forth the ethylene oxide production capacity of Oxiteno&#8217;s plants in Brazil as of December&#160;31, 2021. </span></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<table cellpadding="0" style="height: 115px; border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
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<p style="margin: 0pt; break-after: avoid; text-align: left;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Units</span></p>
</th>
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<th style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">Capacity</span> </span></p>
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<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 8pt;">&#160;</span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: bottom;"><br/></th>
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<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">(in</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">tons</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">per</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">year)</span></span></p>
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<td style="vertical-align: top; height: 10px; background-color: #cceeff; width: 86%;">
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Cama&#231;ari&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; 350,000</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: top; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Mau&#225;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; 90,000</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: top; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Trememb&#233;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#8212;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Triunfo&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#8212;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Suzano&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#8212;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">Total</span><span style="font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></span></p>
</td>
<td style="vertical-align: top;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-weight: bold;">440,000</span></span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ethylene oxide is primarily an intermediate material used in the production of ethylene oxide derivatives &#8212; only 2% of Oxiteno&#8217;s sales volume was sales of merchant ethylene oxide in the year ended December&#160;31, 2021. Therefore, Oxiteno&#8217;s overall production output may not be determined by adding the capacities of ethylene oxide and its derivatives.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">As Oxiteno&#8217;s capacity for ethylene oxide derivatives exceeds its ethylene oxide production capacity, Oxiteno cannot produce the maximum amount of each derivative product in any year and, accordingly, actual production of ethylene oxide derivatives is less than its capacity shown in the tables below.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">However, the excess production capacity of ethylene oxide derivatives provides a degree of operating flexibility that enables the company to switch production partially to other products and re-manage its ethylene oxide output for derivative products depending on relative demand, thus mitigating the effects of reductions in demand for certain products resulting from downturns in the petrochemical business cycle.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Cama&#231;ari plants</span><span style="font-weight: bold;">.</span> The first Cama&#231;ari plant, located in the Northeast Complex, was built by Oxiteno and started production in 1978. The Cama&#231;ari plants produce ethylene oxide and ethylene oxide derivatives, such as ethylene glycols, ethanolamines, glycol ethers and ethoxylated derivatives.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In 2007, in connection with the acquisition of Ipiranga Group by Ultrapar, Oxiteno started to operate a mineral oils production plant, EMCA.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The following table sets forth the production capacity of the Cama&#231;ari plant for each of its principal products as of December 31, 2021.</span></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<table cellpadding="0" style="height: 163px; border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<thead>
<tr style="height: 10px;">
<th style="vertical-align: bottom; height: 10px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; break-after: avoid; text-align: left;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Units</span><br/></p>
</th>
<th style="vertical-align: bottom; height: 10px;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Current capacity </span></p>
<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-size: 8pt;"><span style="font-family: 'times new roman', times; font-weight: bold;">(in tons per year)</span><span style="font-family: 'times new roman', times;">&#160;</span></span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: bottom;"><br/></th>
</tr>
</thead>
<tbody>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff; width: 86%;">
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ethylene oxide</span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">350,000</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ethylene glycols</span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">285,000</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ethoxylated derivatives</span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">270,000</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ethanolamines</span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">110,000</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Fatty alcohols</span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">77,000</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">White mineral oils</span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">60,000</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Glycol ethers</span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">25,000</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Glycerin</span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">11,000</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Fatty acids</span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">7,000</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
</tbody>
</table>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In 2021, the Cama&#231;ari plant operated at 73% of its production capacity. The plant had planned stoppages for regular maintenance.</span></p>
<p style="margin: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><br/></span></p>
<div>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">94</span></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Mau&#225; plant</span><span style="font-weight: bold;">.</span> The Mau&#225; plant, located in the S&#227;o Paulo Complex, was the first plant built by Oxiteno and started production in 1974. The Mau&#225; plant has process units for ethylene oxide, ethylene glycols, glycol ethers, glycol ether acetates, natural alcohols and ethoxylated derivatives. In addition to the production units, the plant has storage infrastructure, warehouse and maintenance facilities and also houses Oxiteno&#8217;s main research and development laboratory. The following table presents the production capacity of the Mau&#225; plant for each of its major products as of December 31, 2021.</span></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; height: 146px; width: 100%;" width="100%">
<thead>
<tr style="height: 10px;">
<th style="vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; break-after: avoid; text-align: left;"><span style="font-size: 8pt;"><span style="font-family: 'times new roman', times; font-weight: bold;">Units</span><span style="font-family: 'times new roman', times;">&#160;</span></span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000;">
<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">Current capacity</span> </span></p>
<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">(in tons per year)</span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></th>
</tr>
</thead>
<tbody>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff; width: 86%;">
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ethoxylated derivatives&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">106,000</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ethylene oxide&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">90,000</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Acetates&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">72,000</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ethylene glycols&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">40,000</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Glycol ethers&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">40,000</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Hydraulic fluids&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">30,000</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Alkylation&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">17,000</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">C4+C5 alcohols&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">13,500</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In 2021, the Mau&#225; plant operated at 65% of its production capacity.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Trememb&#233; plant</span><span style="font-weight: bold;">.</span> The Trememb&#233; plant, located at Bairro dos Guedes, Trememb&#233;, in the state of S&#227;o Paulo, has three major production units: a sulfonation/sulfation unit and two multipurpose units. The Trememb&#233; plant started production in 1970 and was subsequently acquired by Oxiteno in 1985.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The following table shows the capacity of the main units at the Trememb&#233; plant as of December 31, 2021.</span></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<table cellpadding="0" style="height: 105px; border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<thead>
<tr style="height: 10px;">
<th style="vertical-align: bottom; height: 10px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; break-after: avoid; text-align: left;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Units</span></p>
</th>
<th style="vertical-align: bottom; height: 10px;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Current capacity</span></p>
<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-size: 8pt;"><span style="font-family: 'times new roman', times; font-weight: bold;">(in tons per year) </span><span style="font-family: 'times new roman', times;">&#160;</span></span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></th>
</tr>
</thead>
<tbody>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff; width: 86%;">
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Specialties&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">16,071</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: top; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Sulfonation/Sulfation&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">16,000<span style="font-size: 8pt;"><sup>(1)</sup></span></span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Performance solutions&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">15,000</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Esterification&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">10,128</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Betaines&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">5,420</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Hydraulic fluids&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">5,000</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td style="width: 10%; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"><br/></td>
<td style="width: 90%;"><br/></td>
</tr>
</tbody>
</table>
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td style="width: 3%; text-align: center;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(1)</span></td>
<td style="width: 97%;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Capacity adjusted for 100% active matter.</span></td>
</tr>
</tbody>
</table>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In 2021, the Trememb&#233; plant operated at 66% of its production capacity.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Suzano plant</span><span style="font-weight: bold;">.</span> In 2007, Oxiteno began operating a sulfonation and sulfation plant in Suzano, with a production capacity of 13.5&#160;thousand tons per year. In 2012, Oxiteno added 11.5&#160;thousand tons per year to its capacity. As a result, production capacity at the Suzano plant increased to 25&#160;thousand tons per year.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The following table shows the capacity of the principal units at the Suzano plant as of December 31, 2021.</span></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<thead>
<tr>
<th style="vertical-align: bottom; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; break-after: avoid; text-align: left;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Units</span></p>
</th>
<th style="vertical-align: bottom;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; border-bottom: 1px solid #000000;">
<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Current capacity </span></p>
<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-size: 8pt;"><span style="font-family: 'times new roman', times; font-weight: bold;">(in tons per year)</span><span style="font-family: 'times new roman', times; font-weight: bold;">&#160;</span></span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: bottom;"><br/></th>
</tr>
</thead>
<tbody>
<tr style="background-color: #cceeff;">
<td style="vertical-align: top; background-color: #cceeff; width: 86%;">
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Sulfonation/Sulfation&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">13,500</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
</tr>
<tr>
<td style="vertical-align: top;">
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Esterification&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">11,198</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom;"><br/></td>
</tr>
</tbody>
</table>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In 2021, the Suzano plant operated at 85% of its production capacity.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Triunfo plant</span><span style="font-weight: bold;">.</span> The Triunfo plant is located in the Southern Complex. The Triunfo plant was built by Oxiteno and started production in 1989. The Triunfo plant had two production units, one to produce secondary butyl alcohol, which is used in the production of MEK, and one for the production of MEK.</span></p>
<p style="margin: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><br/></span></p>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">95</span></td>
</tr>
</tbody>
</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The following table shows the capacity of the principal units at the Triunfo plant as of December 31, 2021.</span></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<thead>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; break-after: avoid; text-align: left;"><span style="font-size: 8pt;"><span style="font-family: 'times new roman', times; font-weight: bold;">Units</span><span style="font-family: 'times new roman', times;">&#160;</span></span></p>
</td>
<td style="vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; border-bottom: 1px solid #000000;">
<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">Current capacity</span> </span></p>
<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">(in tons per year)</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px;"><br/></td>
</tr>
</thead>
<tbody>
<tr style="background-color: #cceeff;">
<td style="vertical-align: top; margin-left: 0.1px; width: 86%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Oxygenated solvents&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; margin-left: 0.1px; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; margin-left: 0.1px; width: 12%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">42,000</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: middle; margin-left: 0.1px; width: 1%; background-color: #cceeff;"><br/></td>
</tr>
</tbody>
</table>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In 2021, the Triunfo plant operated at 69% of its production capacity.&#160;&#160;</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">With the acquisition of Oxiteno Mexico (formerly Canamex) in 2003 and Uni&#243;n Qu&#237;mica in 2007, Oxiteno acquired three specialty chemical plants in Mexico. As of December&#160;31, 2021, the Coatzacoalcos plant had a production capacity of 86&#160;thousand tons per year of ethoxylates and approximately 8&#160;thousand tons per year of alkyphenols; the Guadalajara plant had a production capacity of 32&#160;thousand tons per year of specialty chemicals and San Juan del R&#237;o had a production capacity of approximately 8&#160;thousand tons per year of specialty chemicals. In 2021, the Guadalajara, the Coatzacoalcos and San Juan del R&#237;o plants operated at an average rate of 78%, 59% and 96% of their production capacity, respectively.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Oxiteno acquired a specialty chemical plant in Pasadena, Texas in 2012. As of December&#160;31, 2021, the Pasadena plant had a production capacity of 120&#160;thousand tons per year of specialty and performance solutions. In 2021, Pasadena plant operated at an average rate of 35% of its production capacity.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">With the acquisition of Oxiteno Uruguay in 2012, Oxiteno acquired a specialty chemical plant in Montevideo, Uruguay. As of December&#160;31, 2021, the Montevideo plant had a production capacity of 63&#160;thousand tons per year of specialty chemicals and operated with 75% of its production capacity.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The following table sets forth Oxiteno&#8217;s production plants located outside of Brazil as of December 31, 2021:&#160;</span></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<thead>
<tr>
<th style="vertical-align: bottom; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; break-after: avoid; text-align: left;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Units</span></p>
</th>
<th style="vertical-align: bottom;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; border-bottom: 1pt solid #000000;">
<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">Current capacity</span> </span></p>
<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">(in tons per year)</span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: bottom;"><br/></th>
</tr>
</thead>
<tbody>
<tr style="background-color: #cceeff;">
<td style="vertical-align: top; background-color: #cceeff; width: 86%;">
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ethoxylated derivatives &#8212; Coatzacoalcos plant&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">86,000</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
</tr>
<tr>
<td style="vertical-align: top;">
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Alkylation &#8212; Coatzacoalcos plant&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">7,860</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom;"><br/></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ethoxylated derivatives &#8212; Guadalajara plant&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">19,000</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr>
<td style="vertical-align: top;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Esterification &#8212; Guadalajara plant&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">13,000</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom;"><br/></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Sulfonation/Sulfation &#8212; San Juan del R&#237;o&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">8,400</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr>
<td style="vertical-align: top;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Alkoxylation &#8212; Pasadena&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">120,000</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom;"><br/></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Specialties/Performance solutions &#8212; Pasadena&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">32,000</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr>
<td style="vertical-align: top;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Sulfonation/Sulfation &#8212; Montevideo&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">45,000</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom;"><br/></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Fatty Acid Sulfate (FAS) &#8212; Montevideo&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">10,000</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr>
<td style="vertical-align: top;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Betaines/Amides &#8212; Montevideo&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">6,000</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom;"><br/></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Fatliquor oils &#8212; Montevideo&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2,000</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
</tbody>
</table>
<p style="margin: 0pt;"><br/></p>
</div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">96</span></td>
</tr>
</tbody>
</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Extrafarma </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">As of December&#160;31, 2021, Extrafarma operated 399 drugstores and 4 distribution centers in the North, Northeast and Southeast regions of Brazil.&#160;</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The following tables set forth the breakdown per region of Extrafarma&#8217;s drugstores and the capacity for each of Extrafarma&#8217;s distribution centers as of December&#160;31, 2021:</span></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 248px;" width="100%">
<thead>
<tr style="height: 17px;">
<th style="vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; break-after: avoid; text-align: left;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Location</span></p>
</th>
<th style="vertical-align: bottom; height: 17px;"><br/></th>
<th style="vertical-align: top; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">2021</span></span></p>
</th>
<th style="vertical-align: top; height: 17px;"><br/></th>
</tr>
</thead>
<tbody>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff; width: 86%;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">North</span><span style="font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">13</span><span style="font-weight: bold;">5</span></span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt 0pt 0pt 36pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Par&#225;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">121</span></p>
</td>
<td style="vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 36pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Amap&#225;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">11</span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt 0pt 0pt 36pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Tocantins&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">3</span></p>
</td>
<td style="vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">Northeast</span><span style="font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">22</span><span style="font-weight: bold;">2</span></span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt 0pt 0pt 36pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Cear&#225;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">91</span></p>
</td>
<td style="vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 36pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Maranh&#227;o&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">57</span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt 0pt 0pt 36pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Pernambuco&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">34</span></p>
</td>
<td style="vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 36pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Bahia&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">20</span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt 0pt 0pt 36pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Rio Grande do Norte&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">16</span></p>
</td>
<td style="vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 36pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Para&#237;ba&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">4</span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt 0pt 0pt 12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">Southeast</span><span style="font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">4</span><span style="font-weight: bold;">2</span></span></p>
</td>
<td style="vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: top; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 36pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">S&#227;o Paulo&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">42</span></p>
</td>
<td style="vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt 0pt 0pt 12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">Total</span><span style="font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">399</span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 95px;" width="100%">
<thead>
<tr style="height: 10px;">
<th style="vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;">
<p style="margin: 0pt; break-after: avoid; text-align: left;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Distribution center</span></p>
</th>
<th style="vertical-align: bottom; height: 10px;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Area</span><br/><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">(in</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">square</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">meters)</span> </span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></th>
</tr>
</thead>
<tbody>
<tr style="background-color: #cceeff; height: 17px;">
<td style="vertical-align: top; background-color: #cceeff; height: 17px; width: 86%;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Benevides (Par&#225;)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">8,273</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Aquiraz (Cear&#225;)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">7,500</span></p>
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<tr style="background-color: #cceeff; height: 17px;">
<td style="vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Guarulhos (S&#227;o Paulo)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">9,874</span></p>
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<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt 0pt 0pt 12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">S&#227;o Lu&#237;s (Maranh&#227;o) &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">5,124</span></p>
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<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
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<tr style="background-color: #cceeff; height: 17px;">
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">Total</span><span style="font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">30,770</span></p>
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<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
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<p style="margin: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
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<p style="margin: 18pt 0pt 0pt 61.2pt; page-break-after: avoid; text-indent: -55.1pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">ITEM</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">4A.</span><span style="font-weight: bold;">&#160; &#160; &#160; &#160; &#160;</span><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" id="BF_VEIQYG1NEO00000000000000000000" class="customBookmark"><span style="font-weight: bold;">UNRESOLV</span><span style="font-weight: bold;">ED STAFF COMMENTS </span></a></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">None.</span></p>
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<p style="margin: 18pt 0pt 0pt 61.2pt; page-break-after: avoid; text-indent: -55.1pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">ITEM</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">5.</span><span style="font-weight: bold;">&#160; &#160; &#160; &#160; &#160; &#160;</span><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" id="BG_NB4RYQMC2800000000000000000000" class="customBookmark"><span style="font-weight: bold;">OPERATING AND FINANCIAL REVIEW AND PROSPECTS </span></a></span></p>
<p style="margin: 6pt 0pt 0pt 24.5pt; page-break-after: avoid; text-indent: -24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">A.</span><span style="font-weight: bold;">&#160; &#160; &#160;</span><span style="font-weight: bold;">Operating Results </span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">You should read this discussion together with our consolidated financial statements, including the notes thereto and other financial information included elsewhere in this annual report. This annual report contains forward-looking statements that involve risks and uncertainties. Our actual results may differ materially from those discussed in the forward-looking statements as a result of various factors including, without limitation, those set forth in &#8220;Cautionary Statement Regarding Forward-Looking Information&#8221; and the matters set forth in this annual report generally.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In 2021, Ultrapar started to conduct a portfolio rationalization process and, as a result, it entered into share purchase and sale agreements for the sale of Extrafarma, ConectCar and Oxiteno. The sale of Ultrapar&#8217;s interest in ConectCar was concluded in October 2021 and the sale of all shares of Oxiteno was concluded on April 1, 2022. The sale of all shares of Extrafarma is still subject to CADE&#8217;s approval. On December 31, 2021, the Company re-presented the businesses of Oxiteno and Extrafarma as current assets held for sale and discontinued operations. The comparative financial information for the years ended December 31, 2020 and 2019 were re-presented for consistency of presentation as shown in Note 3.c.3 to our consolidated financial statements.&#160;</span></p>
<p style="margin: 12pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Overview </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultrapar&#8217;s origins date back to 1937 when Ernesto Igel founded Ultragaz, which pioneered the use of Liquified Petroleum Gas (LPG) as cooking gas. Ultrapar is currently a leading player in the different segments of the energy and infrastructure industries through Ipiranga, Ultragaz and Ultracargo. In addition, the Company created in 2020 the digital payments company abastece a&#237;.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 21.3pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultragaz is a pioneer and one of the largest companies in the Brazilian market (which is one of the largest markets worldwide) for LPG distribution, in addition to being a reference in innovation and in the development of applications for the use of LPG. In 2021, Ultragaz delivered LPG to an estimated 11 million households through a network of approximately 5.6 thousand independent retailers in the bottled segment, in addition to approximately 58 thousand customers in the bulk segment. Ultracargo is the largest private company of liquid bulk storage in Brazil with seven port terminals in strategic locations in the Northeast, Southeast, South and, recently, North regions, with the beginning of the operations of its new terminal in the port of Vila do Conde, in the state of Par&#225;, in December 2021. Ipiranga is one of the largest fuel and lubricant distribution companies in the country, comprising a network of more than 7 thousand service stations, in addition to the largest convenience store franchise in Brazil, the AmPm network, with over 1,800 stores as of December 31, 2021. abastece a&#237; is a digital payments company established in 2020 aimed at leveraging the benefits of the Km de Vantagens loyalty program and abastece a&#237; app. In 2021, approximately two million digital accounts have been created.</span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Impact of ongoing COVID-19 pandemic </span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Since March 2020, the evolution of the COVID-19 pandemic and government responses have created an unprecedented global scenario, including in Brazil, where social distancing measures, quarantines, restrictions on travel and public transportation, and prolonged closures of commercial establishments, have affected our routine and presented challenges on a daily basis. </span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultrapar and its subsidiaries adopted a series of measures in an effort to mitigate the negative effects of the COVID-19 pandemic and preserve the health and safety of their employees and partners, the stability and continuity of their operations, and their solid financial position.</span></p>
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<p style="margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In March 2020, we implemented remote work for employees in administrative functions and provided all necessary support for them to maintain their activities, including lending office supplies and equipment. We did not notice any reduction in productivity in this period. In March 2022, these employees resumed on-site working. In addition to the basic concerns relating to the safety of our employees, the Company promoted several actions through live broadcasts focused on employees&#8217; wellness, fitness and psychological support and monitoring, all in line with our principle of valuing people.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In addition, a multi-disciplinary committee was created to set a plan for the gradual return to the office and resumption of normal working activities for administrative areas, adjusting work areas through the introduction of numerous preventive measures, such as minimum distance between work stations, temperature measurement before entering the office, placement of hand sanitizers across our offices, and the intensification of cleaning and safety protocols according to the guidelines of state and municipal governments and health entities.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The implemented measures of social distancing, restrictions on the movement of people and the operation of certain businesses due to the COVID-19 pandemic affected economic activity in Brazil over the last two years; however, these negative impacts have been mitigated in recent months as local governments gradually lift such restrictions in response to the increase in COVID-19 vaccinations. No significant effects were observed on the operations of the Company and its subsidiaries in the year ended December 31, 2021.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Our results of operations may be negatively impacted by the ongoing COVID-19 pandemic. See &#8220;Item&#160;3.D. Key Information&#8212;Risk Factors&#8212;Risks Relating to Ultrapar and Its Industries&#8212; Our businesses may be materially and adversely affected by the outbreak of communicable diseases, such as the ongoing COVID-19 pandemic, or other epidemics or pandemics&#8221;, and other risk factors included herein and &#8220;&#8212;Trend Information&#8221; below. </span></p>
<p style="margin: 10pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Social support</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Since the outset of the coronavirus pandemic, Ultrapar and its subsidiaries have been operating on multiple fronts to preserve the Company&#8217;s employees and partners health and safety, the stability and continuity of its operations and the financial soundness of the Company.</span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">During the year ended December 31, 2021, Ultrapar once more helped support Brazilian society by donating, approximately, R$8 million to several initiatives focused on fighting the pandemic and its consequences, totaling, approximately, R$45 million in contributions during the last two years.</span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">With worsening of the pandemic in the beginning of 2021, Ultrapar and 11 other companies joined forces to donate more than 5,000 oxygen concentrators to the Ministry of Health. Together, the 12 companies invested more than R$35 million in this initiative. Ultrapar also donated R$1.5 million to Instituto Butant&#227; so that the organization could buy the equipment required for the facility to produce COVID-19 (ButanVac) and influenza vaccines.</span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultragaz distributed more than 2,000 oxygen cylinders to hospitals in S&#227;o Paulo and, thanks to its reseller network, the educational and awareness campaign on COVID-19 prevention reached more than 10 million people in 50 Brazilian cities. Ultragaz also donated 8,000 LPG bottles and more than 2,000 basic food baskets in 2021. Ultracargo donated about 6,000 basic food baskets to help communities near its operations in 2021.</span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In a partnership with the Brazilian Institute of Oil and Gas (IBP) and other companies, Ipiranga became part of a movement that donated to the Ministry of Health about four million medicines necessary for the intubation of COVID-19 patients. Ipiranga also joined forces with the United Nations International Children&#8217;s Emergency Fund (Unicef) and the <span style="font-style: italic;">Gerando Falc&#245;es</span> and <span style="font-style: italic;">Aldeias Infantis</span> NGOs to distribute personal protective equipment (PPEs), hygiene items, food vouchers and basic food baskets. In partnership with the municipal health department, the company also helped to provide the COVID-19 vaccine through the <span style="font-style: italic;">Sa&#250;de na Estrada</span> program.</span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">During 2021, in a partnership with AkzoNobel, Oxiteno supported the public school system in the region of Mau&#225;, in the state of S&#227;o Paulo, in an initiative involving (i) the donation of 1,000 basic food baskets to the families of students in vulnerable social situations, (ii) the renovation of more than 14,000 m&#178; of school facilities and the delivery of masks and alcohol gel to protect students and teachers when the on-site classes return.</span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Together with the <span style="font-style: italic;">Transforma Brasil</span> project, Extrafarma joined the <span style="font-style: italic;">A Fome Tem Pressa</span> campaign, collecting an amount corresponding to 1,600 basic food baskets thanks to the active participation of its employees &#8211; for each R$1 donated by an employee, the company donated the same amount, helping families in vulnerable social situations in the regions of Cear&#225;, Par&#225;, and Rio Grande do Norte states. During 2021, approximately 20,000 hygiene items and 2,000 tons of food were collected to support NGOs such as <span style="font-style: italic;">Associa&#231;&#227;o Comunit&#225;ria Lucas Dantas</span> (ACOLD), <span style="font-style: italic;">Jardim das Borboletas</span>, <span style="font-style: italic;">Hospital Martag&#227;o</span> and <span style="font-style: italic;">G10 Favelas.</span></span></p>
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<p style="margin: 12pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Brazilian economic background </span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Since our continuing operating businesses are located in Brazil, we are significantly affected by Brazil&#8217;s economic and social conditions, including, but not limited to, gross domestic product (&#8220;GDP&#8221;), growth rates, credit availability and disposable incomes, the domestic rate of inflation and exchange rate fluctuations.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Gross domestic product.</span> In 2017, GDP grew 1.3%, backed by falling inflation and interest rate (from 13.75% at the end of 2016 to 7.00% at the end of 2017). In 2018, Brazilian GDP grew 1.8%, driven by a recovery in demand, consumption and investment, supported by the resumption of several sectors in the economy, the IPCA index rate below the government&#8217;s target and the consequent lower level of interest rate (from 7.00% at the end of 2017 to 6.50% at the end of 2018). In 2018, growth was negatively impacted by a nationwide truck drivers&#8217; strike in the second quarter. In 2019, Brazilian GDP grew 1.4% as a result of the gradual recovery of the Brazilian economy due to an increase in consumption and investments, despite continuing high unemployment rate. The Selic rate started the year at 6.5% and reached 4.5% as of December&#160;31, 2019. In 2020, as a result of the ongoing COVID-19 pandemic, Brazilian GDP contracted 3.9%. Our operations suffered the effects of such contraction, especially with regard to LPG sales to commercial and industrial customers, diesel sales, Oxiteno&#8217;s sales to the domestic market, and Ultracargo&#8217;s logistics operations. In 2021, GDP grew 4.6% driven by a 4.7% and 4.5% growth in the service and industry sectors respectively. In comparison to 2020, 2021 was a year of recovery, the first since the outbreak of COVID-19 pandemic, mainly due to the progress of the vaccination process, which had a direct impact on family consumption. The increase in fiscal uncertainty and inflation drove the increase in the Selic rate, from 2% at the beginning of the year to 9.25% on December 31, 2021. As of the date hereof, the Selic rate was 11.75%. In 2022, as a result of the proximity of the presidential elections and the uncertainties with respect to both the domestic and international outlook, including as a result of the military conflict between Ukraine and Russia, the current market perspective is of a stagnant economy in 2022, with both inflation and high interest rates.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Inflation and currency fluctuations.</span> Our cash operating activities are substantially in <span style="font-style: italic;">Reais</span> and tend to increase with inflation. However, some of our costs of sales and services sold are linked to the U.S. dollar and are not substantially affected by the Brazilian inflation rate. In addition, some of our <span style="font-style: italic;">Real</span>-denominated debt is indexed to the rate of inflation. In 2017, the <span style="font-style: italic;">Real</span> depreciated 2% against the U.S. dollar and the IPCA index rate was 2.9%. The IGP-M index rate was -0.5%, the lowest rate since 2009. In 2018, the <span style="font-style: italic;">Real</span> depreciated 17% against the U.S. dollar, pressured by the rise of the interest rate by the Federal Reserve System and the unstable economic political environment in Brazil (Presidential election and discussion on economic reforms). The IGP-M index rate was 7.5%, influenced by global commodities prices and the <span style="font-style: italic;">Real</span> depreciation. The IPCA index rate was 3.7%, impacted by the adjustment of prices, such as food and beverages, fuels and electric energy. In 2019, the <span style="font-style: italic;">Real </span>depreciated 4% against the U.S. dollar, mainly due to worldwide trade tensions headlined by China and the United States and the uncertainties with respect to the Brazilian pension reform. Furthermore, the <span style="font-style: italic;">Real</span> depreciation was also a consequence of interest rate cuts by the Central Bank. The IGP-M and IPCA rates closed 2019 at 7.3% and 4.3%, respectively. In 2020, the <span style="font-style: italic;">Real </span>depreciated 29% against the U.S. dollar, in a year mainly due to (i) the impacts of the ongoing COVID-19 pandemic; (ii) uncertainties in U.S. political landscape in view of its presidential elections and (iii) the worsening of the risks in the Brazilian fiscal debt. The IGP-M index was 23.1%, impacted mainly by devaluation of the <span style="font-style: italic;">Real </span>against U.S. dollar that affects directly in the prices of raw material and others industrial inputs. The IPCA index rate closed 2020 at 4.5%. In 2021, the <span style="font-style: italic;">R</span><span style="font-style: italic;">eal</span> depreciated 7% against the U.S. dollar mainly due to the increase in global inflation coupled with high fiscal risks and low growth rate in Brazil. The IGP-M index was 17.8% and the IPCA index rate ended 2021 at 10.1%.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">From December 31, 2021 to April 22, 2022, the <span style="font-style: italic;">Real</span> appreciated 15% against the U.S. dollar, mainly due the expectation of interest rate increases in the U.S. and in some European countries. The main foreign exchange risk we face arises from certain U.S. dollar denominated costs and expenses. Although a substantial part of our debt is dollar-denominated, it is currently hedged against currency devaluation through the use of various derivative instruments or matching assets in the same currency. Additionally, a significant part of our raw materials is also denominated or indexed to the U.S. dollar. A large part of our sales is denominated in <span style="font-style: italic;">Reais</span>, although prices in the chemical business are benchmarked to prices prevailing in the international markets, which in turn are linked to U.S. dollars. Hence, we are exposed to foreign exchange rate risks which could negatively impact our businesses, financial situation and operating results as well as our capacity to service our debt. </span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The table below shows the inflation rate for the periods indicated, as well as the devaluation (or appreciation) of the <span style="font-style: italic;">Real</span> against the U.S. dollar. </span></p>
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<p style="font-size: 8pt; line-height: 108%; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">Year</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">ended</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">December</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">31,</span> </span></p>
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<th style="vertical-align: bottom; width: 0.981194%; height: 17px;"><br/></th>
<th style="vertical-align: bottom; height: 17px; width: 10%; border-bottom: 1px solid #000000;">
<p style="font-size: 8pt; line-height: 108%; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">2021</span> </span></p>
</th>
<th style="vertical-align: bottom; height: 17px; width: 1%;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; width: 10%; border-bottom: 1px solid #000000;">
<p style="font-size: 8pt; line-height: 108%; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">2020</span> </span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; width: 1%;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; width: 10%; border-bottom: 1px solid #000000;">
<p style="font-size: 8pt; line-height: 108%; margin: 0px; text-align: center; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">2019</span> </span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; width: 1.06296%;"><br/></th>
</tr>
</thead>
<tbody>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff; width: 65.9035%;">
<p style="margin: 0px; break-after: avoid; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">IGP-M&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; text-align: right; background-color: #cceeff; width: 10%;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">17.8%</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; text-align: right; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; text-align: right; background-color: #cceeff; width: 10%;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;23.1%</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; text-align: right; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; text-align: right; background-color: #cceeff; width: 10%;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">7.3%</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff; width: 1.06296%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 10px; width: 65.9035%;">
<p style="margin: 0px; break-after: avoid; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">IPCA&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 10px; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; text-align: right; width: 10%;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">10.1%</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; text-align: right; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; text-align: right; width: 10%;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">4.5%</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; text-align: right; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; text-align: right; width: 10%;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">4.3%</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; width: 1.06296%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff; width: 65.9035%;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Devaluation (appreciation) of the <span style="font-style: italic;">Real </span>against the U.S. dollar&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; text-align: right; background-color: #cceeff; width: 10%;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">7.4%</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; text-align: right; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; text-align: right; background-color: #cceeff; width: 10%;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">28.9%</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; text-align: right; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; text-align: right; background-color: #cceeff; width: 10%;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">4.0%</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff; width: 1.06296%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<div>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">We manage foreign exchange risk associated with the scheduled payments under the terms of our U.S. dollar indebtedness by investing in U.S. dollar-denominated securities and foreign currency/interest swap contracts, under which we pay variable interest in <span style="font-style: italic;">Reais</span> based on the DI and receive fixed interest in U.S. currency. As of December&#160;31, 2021, our liabilities in foreign currency totaled R$10,394.3&#160;million (US$1,862.6 million), including financing in foreign currency, gross of transaction costs and discount, and payables arising from imports, net of advances to foreign suppliers. At the same date, our total asset in foreign currency was R$4,149.5&#160;million (US$743.5 million), comprised of investments indexed to U.S. dollars and hedging instruments used to manage fluctuations of exchange rates and foreign currency receivables exposures. As of December&#160;31, 2021, Ultrapar had a net (liability) asset position (income statement effect) in foreign currency of R$498,6&#160;million (US$89,3 million), comprised of a short-term net asset position of R$2,656.6&#160;million (US$476.0 million) and a long-term net liability position of R$4,181.5&#160;million (US$749.3 million), excluding a net liability position of R$1,026.4 that only affects equity. For the purposes of this paragraph, U.S. dollar values were calculated based on the December&#160;31, 2021 <span style="font-style: italic;">Real</span>/U.S. dollar exchange rate. See &#8220;Item&#160;11. Quantitative and Qualitative Disclosures About Market Risk&#8221; for information about our foreign exchange risk hedging policy and Notes&#160;17 and 33 to our consolidated financial statements.</span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">IFRS </span><span style="font-weight: bold;">s</span><span style="font-weight: bold;">tandards and criteria adopted in preparing the</span><span style="font-weight: bold;"> financial</span><span style="font-weight: bold;"> information</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The consolidated financial information presented below was prepared based on the consolidated statements of profit or loss and cash flows for the years ended December&#160;31, 2021, 2020 and 2019 that derived from our consolidated financial statements included in this annual report and prepared in accordance with IFRS. Financial information relating to Ultragaz, Ultracargo, Ipiranga and abastece a&#237; is presented on an unconsolidated basis and does not reflect elimination of intercompany transactions. Accordingly, the sum of individual financial information of Ultrapar&#8217;s subsidiaries may not correspond to the consolidated financial information of Ultrapar. See &#8220;Presentation of Financial Information.&#8221;</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">On December 31, 2021, the Company re-presented&#160; the businesses of Oxiteno and Extrafarma as current assets held for sale and discontinued operations. The comparative financial information for the years ended December 31, 2020 and 2019 were re-presented for consistency of presentation as shown in Note 3.c.3 of our consolidated financial statements.&#160; &#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">101</span></td>
</tr>
</tbody>
</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</div>
</div><div id="Normadiv1006" style="font-family: 'times new roman', times; font-size: 10pt;">
<p style="margin: 1pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Results of Operations</span></p>
<p style="margin: 18pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Year ended December</span><span style="font-style: italic; font-weight: bold;">&#160;</span><span style="font-style: italic; font-weight: bold;"><span style="border-left: none; border-right: none;">31</span>, <span style="border-left: none; border-right: none;">202</span></span><span style="font-style: italic; font-weight: bold;"><span style="border-left: none; border-right: none;">1</span></span><span style="font-style: italic; font-weight: bold;"> compared to the year ended December</span><span style="font-style: italic; font-weight: bold;">&#160;</span><span style="font-style: italic; font-weight: bold;"><span style="border-left: none; border-right: none;">31</span>, <span style="border-left: none; border-right: none;">20</span></span><span style="font-style: italic; font-weight: bold;"><span style="border-left: none; border-right: none;">20</span></span><span style="font-style: italic; font-weight: bold;">. </span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The following table shows a summary of our results of operations for the years ended December 31, 2021 and 2020:</span></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<div style="border-left: none; border-right: none;">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 393px;" width="100%">
<thead>
<tr style="background-color: #ffffff; height: 52px;">
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 52px; width: 40.9352%;">
<p style="border-top-color: #000000; border-top-width: 1pt; margin: 0pt; padding-top: 1pt; break-after: avoid; text-align: left;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">(R$ million)</span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 52px; width: 10.0082%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Year ended </span><br/><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">December</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;"><span style="border-left: none; border-right: none;">31</span>,</span></span><br/><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;"><span style="border-left: none; border-right: none;">202</span></span><span style="font-weight: bold;"><span style="border-left: none; border-right: none;">1</span></span></span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 52px; width: 0.984413%;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 52px; width: 0.984413%;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 52px; width: 10.0082%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">%</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">of</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">net</span><span style="font-weight: bold;"> </span><span style="font-weight: bold;">revenue</span></span></p>
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">from</span><span style="font-weight: bold;"> </span><span style="font-weight: bold;">sales and</span><span style="font-weight: bold;"> </span><span style="font-weight: bold;">services</span></span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 52px; width: 0.984413%;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 52px; width: 0.984413%;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 52px; width: 10.0082%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Year ended</span><br/><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">December</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">31,</span></span><br/><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">20</span><span style="font-weight: bold;">20</span></span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 52px; width: 0.984413%;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 52px; width: 0.984413%;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 52px; width: 10.0082%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">%</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">of</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">net</span><span style="font-weight: bold;"> </span><span style="font-weight: bold;">revenue</span><span style="font-weight: bold;"> </span><span style="font-weight: bold;">from</span><span style="font-weight: bold;"> </span><span style="font-weight: bold;">sales and</span></span><br/><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">services</span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 52px; width: 0.984413%;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 52px; width: 0.984413%;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 52px; width: 10.0082%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Percent</span><br/><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">change</span><br/><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">202</span><span style="font-weight: bold;">1</span><span style="font-weight: bold;">&#8212;20</span><span style="font-weight: bold;">20</span></span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 52px; width: 1.06645%;"><br/></th>
</tr>
<tr style="height: 18px;">
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 18px; width: 40.9352%;">
<p style="border-top-color: #000000; border-top-width: 1pt; margin: 0pt; padding-top: 1pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">&#160;</span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 18px; width: 10.0082%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">&#160;</span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 18px; width: 0.984413%;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 18px; width: 0.984413%;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 18px; width: 10.0082%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">&#160;</span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 18px; width: 0.984413%;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 18px; width: 0.984413%;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 18px; width: 10.0082%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;">Re-presented</span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 18px; width: 0.984413%;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 18px; width: 0.984413%;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 18px; width: 10.0082%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">&#160;</span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 18px; width: 0.984413%;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 18px; width: 0.984413%;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 18px; width: 10.0082%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">&#160;</span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 18px; width: 1.06645%;"><br/></th>
</tr>
</thead>
<tbody>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: bottom; width: 40.9352%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; text-decoration: underline;"> Continuing operations </span></p>
</td>
<td style="vertical-align: bottom; width: 10.0082%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; width: 0.984413%; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; width: 0.984413%; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; width: 10.0082%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; width: 0.984413%; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; width: 0.984413%; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; width: 10.0082%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; width: 0.984413%; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; width: 0.984413%; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; width: 10.0082%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; width: 0.984413%; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; width: 0.984413%; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; width: 10.0082%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; width: 1.06645%; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px; width: 40.9352%;">
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Net revenue from sales and services&#160;</span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 109,732.8 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 100% </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 74,058.1 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 100% </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 48% </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 1.06645%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff; width: 40.9352%;">
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Cost of products and services sold </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; background-color: #cceeff; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (104,828.0 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;">)</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; background-color: #cceeff; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 96% </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; background-color: #cceeff; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (70,056.4 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;">)</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; background-color: #cceeff; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 95% </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; background-color: #cceeff; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 50% </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.06645%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: bottom; height: 17px; width: 40.9352%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Gross profit </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <span style="border-left: none; border-right: none;">4,904.9</span> </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <span style="border-left: none; border-right: none;">4</span>% </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <span style="border-left: none; border-right: none;">4,001.6</span> </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <span style="border-left: none; border-right: none;">5</span>% </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-weight: bold;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="border-left: none; border-right: none;">23</span></span><span style="font-family: 'times new roman', times; font-size: 10pt;">%</span></span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 1.06645%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff; width: 40.9352%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Selling, marketing, general and administrative expenses </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (3,398.2 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;">)</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3% </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (2,605.1 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;">)</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 4% </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 30% </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.06645%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px; width: 40.9352%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Other operating income, net&#178; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 96.2 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 0% </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 64.0 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 0% </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 50% </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 1.06645%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff; width: 40.9352%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Gain (loss) on disposal of property, plant and equipment and intangibles </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 184.2 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 0% </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 85.5 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 0% </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 116% </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.06645%;"><br/></td>
</tr>
<tr style="height: 34px;">
<td style="vertical-align: bottom; height: 34px; width: 40.9352%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Operating income (loss) before financial income (expenses) and share of profit (loss) of joint-ventures and associates </span></p>
</td>
<td style="vertical-align: bottom; height: 34px; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <span style="border-left: none; border-right: none;">1,787.0</span> </span></p>
</td>
<td style="vertical-align: bottom; height: 34px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 34px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 34px; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <span style="border-left: none; border-right: none;">2</span>% </span></p>
</td>
<td style="vertical-align: bottom; height: 34px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 34px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 34px; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <span style="border-left: none; border-right: none;">1,546.0</span> </span></p>
</td>
<td style="vertical-align: bottom; height: 34px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 34px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 34px; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <span style="border-left: none; border-right: none;">2</span>% </span></p>
</td>
<td style="vertical-align: bottom; height: 34px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 34px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 34px; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <span style="border-left: none; border-right: none;">16</span>% </span></p>
</td>
<td style="vertical-align: bottom; height: 34px; width: 1.06645%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff; width: 40.9352%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Share of profit (loss) of joint-ventures and associates </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (17.6 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;">)</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 0% </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (44.0 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;">)</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 0% </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> -60% </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.06645%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px; width: 40.9352%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Financial result, net </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (762.7 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;">)</td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1% </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (550.3 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;">)</td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1% </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 39% </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 1.06645%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff; width: 40.9352%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Income and social contribution taxes </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (188.0 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;">)</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 0% </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (304.5 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;">)</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 0% </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> -38% </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.06645%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: bottom; height: 17px; width: 40.9352%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Profit from continuing operations </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <span style="border-left: none; border-right: none;">818.6</span> </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <span style="border-left: none; border-right: none;">1</span>% </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <span style="border-left: none; border-right: none;">647.1</span> </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <span style="border-left: none; border-right: none;">1</span>% </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <span style="border-left: none; border-right: none;">27</span>% </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 1.06645%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 40.9352%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; text-decoration: underline;"> Discontinued operations </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.06645%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px; width: 40.9352%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Profit (loss) from discontinued operations </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 65.3 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> N/A </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 280.6 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> N/A </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> -77% </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 1.06645%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 40.9352%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Profit for the year </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <span style="border-left: none; border-right: none;">883.9</span> </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> N/A </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <span style="border-left: none; border-right: none;">927.7</span> </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> N/A </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> -<span style="border-left: none; border-right: none;">5</span>% </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.06645%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px; width: 40.9352%;">
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Net income attributable to: </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; width: 1.06645%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff; width: 40.9352%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Shareholders of Ultrapar </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 850.5 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> N/A </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 893.4 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> N/A </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> -5% </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.06645%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px; width: 40.9352%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Non-controlling shareholders of the subsidiaries </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 33.4 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> N/A </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 34.3 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> N/A </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> -3% </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 1.06645%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify; font-family: 'Times New Roman'; font-size: 7pt;"><span style="font-family: 'Times New Roman'; font-size: 7pt;">&#160;</span></p>
<div style="border-left: none; border-right: none;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-size: 8pt;"><sup>&#160; &#160;1&#160;&#160;</sup>Considers both selling and marketing, reversion (loss) allowance for expected credit losses and general and administrative expenses&#160;&#160;</span></span></div>
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-size: 8pt;"><sup>&#160; &#160;2</sup></span>&#160; <span style="font-size: 8pt;">Considers both other operating income and other operating expenses</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Net revenue from sales and </span><span style="font-style: italic; font-weight: bold;">services</span><span style="font-weight: bold;">.</span> Ultrapar&#8217;s net revenue from sales and services was R$109,732.8 million in 2021, an increase of 48% compared to R$74,058.1&#160;million in 2020, reflecting higher revenue in all of our segments, especially Ipiranga. Over the past three years, more than 90% of our consolidated net revenue from sales and services was generated by Ipiranga and Ultragaz. Therefore, the main components of these revenues come from diesel, gasoline, ethanol and LPG sales.&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div>
<div id="t_ft_QNY4V6ABZ400000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">102</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The following table shows the change in net revenue from sales and services for each of our segments: </span></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<div style="border-left: none; border-right: none;">
<table cellpadding="0" style="height: 113px; border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<thead>
<tr style="height: 10px;">
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: middle; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">202</span><span style="font-weight: bold;">1</span></span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: middle; height: 10px;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: middle; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">20</span><span style="font-weight: bold;">20</span></span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: middle; height: 10px;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: middle; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">Percent</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">change</span></span><br/><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">202</span><span style="font-weight: bold;">1</span><span style="font-weight: bold;">&#8212;20</span><span style="font-weight: bold;">20</span></span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: middle; height: 10px;"><br/></th>
</tr>
<tr style="height: 17px;">
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</th>
<th colspan="3" style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">(R$ million)</span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt;">&#160;</span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></th>
</tr>
</thead>
<tbody>
<tr style="background-color: #cceeff; height: 17px;">
<td style="vertical-align: top; background-color: #cceeff; height: 17px; width: 67%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Ultragaz&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 9,744.7 </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 7,408.3 </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 32% </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Ultracargo&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 713.1 </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 644.2 </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 11% </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="background-color: #cceeff; height: 17px;">
<td style="vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Ipiranga&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 99,382.6 </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 66,133.0 </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 50% </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> abastece a&#237;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 84.7 </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 17.2 </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 392% </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="background-color: #cceeff; height: 18px;">
<td style="vertical-align: top; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Net revenue from sales and services from continuing operations <span style="font-size: 8pt;"><sup>(1)</sup></span>&#160; &#160; &#160; &#160; &#160; &#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 18px; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <span style="border-left: none; border-right: none;">109,732.8</span> </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 18px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 18px; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <span style="border-left: none; border-right: none;">74,058.1</span> </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 18px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 18px; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-weight: bold;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="border-left: none; border-right: none;">48</span></span><span style="font-family: 'times new roman', times; font-size: 10pt;">%</span></span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 18px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify; font-family: 'Times New Roman'; font-size: 7pt;"><span style="font-family: 'Times New Roman'; font-size: 7pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify; font-family: 'Times New Roman'; font-size: 7pt;"><span style="font-family: 'Times New Roman'; font-size: 7pt;">&#160; <span style="font-size: 8pt;">&#160;<sup>(1)&#160;</sup> &#160;</span></span><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-size: 8pt;">Segment information for Ultragaz, Ultracargo, Ipiranga and abastece a&#237; is presented on an unconsolidated basis.&#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160;</span></span></p>
<p style="margin: 5pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultragaz&#8217;s net revenue from sales and services was R$9,744.7&#160;million in 2021, an increase of 32% compared to R$7,408.3&#160;million in 2020, mainly due to the increases of LPG prices implemented by Petrobras in 2021 (see &#8220;Business Overview Overview&#8212;Distribution of Liquefied Petroleum Gas&#8212;Ultragaz&#8212;Prices of LPG"). The volume sold by Ultragaz was 1,714 tons in 2021, a decrease of 1% compared to 1,732 tons sold in 2020, mainly due to a 4% decrease in sales in the bottled segment, due to higher demand for LPG bottles in 2020, when more restrictive rules on the circulation of people and social distancing were in place, which increased in-home consumption. In the bulk segment, volumes increased 5%, due to higher sales to industries, commercial and services segments, which were more affected by the pandemic in 2020.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultracargo&#8217;s net revenue from sales and services was R$713.1&#160;million in 2021, an increase of 11% compared to R$644.2&#160;million in 2020, due to contractual readjustments, greater fuel handling and increased participation of chemicals in Santos and Suape and oils in Aratu. The average installed capacity at Ultracargo increased 5% in 2021, due to the expanded tankage capacity at Itaqui and Vila do Conde terminals in the last twelve months. Consequently, the cubic meter sold increased 2%, due to greater fuel handling in Itaqui, coupled with the expansions of tankage capacity, which were partially offset by lower fuel handling in Santos, as a result of lower imports.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ipiranga&#8217;s net revenue from sales and services was R$99,382.6 million in 2021, an increase of 50% compared to R$66,133.0&#160;million in 2020, mainly due to the increase in the average costs of products derived from oil and ethanol coupled with higher sales volume. Ipiranga&#8217;s sales volume rose 5% in 2021 due to the gradual lift of the COVID-19 restrictions on circulation of people, leading to higher fuel consumption in Brazil in 2021 as compared to 2020, with a growth of 3% in Otto cycle and 6% in diesel.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">abastece a&#237;&#8217;s net revenue from sales and services was R$84.7&#160;million in 2021, an increase of 392% compared to R$17.2 million in 2020, mainly due to the higher number of transactions at the Ipiranga&#8217;s gas stations.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Cost of products and services sold</span><span style="font-weight: bold;">.</span> Ultrapar&#8217;s cost of products and services sold was R$104,828.0 million in 2021, an increase of 50% compared to R$70,056.4 million in 2020, due to the increase in costs in all segments. Ultrapar main costs of products and services sold are related to the purchase of goods for resale, including diesel, gasoline and ethanol for Ipiranga, LPG for Ultragaz, and depreciation and amortization.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The following table shows the change in cost of products and services sold for each of our segments:&#160;&#160;</span></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_7FE4NJLFGW00000000000000000000b">
<table cellpadding="0" style="height: 112px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px; margin-left: 0.1px;" width="100%">
<thead>
<tr style="height: 10px;">
<th colspan="2" style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">2021</span><span style="font-family: 'times new roman', times; font-size: 8pt;">&#160;</span></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></th>
<th colspan="2" style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">2020</span><span style="font-family: 'times new roman', times; font-size: 8pt;">&#160;</span></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></th>
<th colspan="2" style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">Percent</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">change</span></span><br/><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">2021&#8212;2020</span><span style="font-family: 'times new roman', times; font-size: 8pt;">&#160;</span></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></th>
</tr>
<tr style="height: 17px;">
<th colspan="2" style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</th>
<th colspan="4" style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">(R$ million)</span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></th>
<th colspan="2" style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt;">&#160;</span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></th>
</tr>
</thead>
<tbody>
<tr style="height: 17px; background-color: #cceeff;">
<td colspan="2" style="vertical-align: top; height: 17px; background-color: #cceeff; width: 67%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Ultragaz&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 8,626.3 </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td colspan="2" style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 6,310.2 </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td colspan="2" style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 37% </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td colspan="2" style="vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Ultracargo&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 285.4 </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td colspan="2" style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 270.0 </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td colspan="2" style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 6% </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td colspan="2" style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Ipiranga&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 96,110.4 </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 63,609.9 </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 51% </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td colspan="2" style="vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> abastece a&#237;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8212; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td colspan="2" style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8212; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td colspan="2" style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> N/A </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;" colspan="2"><span style="font-size: 10pt;"><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-weight: bold;">Cost of products and services sold from continuing operations <span style="font-size: 8pt;"><sup>(1)</sup></span></span></span></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; text-align: right; background-color: #cceeff; border-bottom: 2.8pt double #000000;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">104,828.0</span></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; text-align: right; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; text-align: right; background-color: #cceeff; border-bottom: 2.8pt double #000000;" colspan="2"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">70,056.4</span></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; text-align: right; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; text-align: right; background-color: #cceeff; border-bottom: 2.8pt double #000000;" colspan="2"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">50%</span></td>
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<p style="margin: 7pt 0pt 5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-size: 8pt;"><sup><span style="vertical-align: super;">&#160; &#160;(<span style="border-left: none; border-right: none;">1</span>)</span></sup>&#160;Segment information for Ultragaz, Ultracargo, Ipiranga and abastece a&#237; is presented on an unconsolidated basis.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 5pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultragaz&#8217;s cost of products and services sold was R$8,626.3 million in 2021, an increase of 37% compared to R$6,310.2&#160;million in 2020, due to the increases of LPG and fuels costs implemented by Petrobras in 2021 (see &#8220;Business Overview&#8212;Distribution of Liquefied Petroleum Gas&#8212;Ultragaz&#8212;Prices of LPG&#8221;) in addition to the effects of inflation on production materials.</span></p>
<p style="margin: 5pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultracargo&#8217;s cost of products and services sold was R$285.4 million in 2021, an increase of 6% compared to R$270.0&#160;million in 2020, mainly due to the higher depreciation, resulting from expanded tankage capacity, and leasing readjustments. The cost of services provided per cubic meter sold posted an increase of only 3%, reflecting gains in productivity at the terminals.</span></p>
<p style="margin: 5pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ipiranga&#8217;s cost of products and services sold was R$96,110.4 million in 2021, an increase of 51% compared to R$63,609.9&#160;million in 2020, because of the increase in the average costs of products derived from oil and ethanol, in addition to higher sales volume.</span></p>
<p style="margin: 5pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Gross profit.</span> For the reasons described above, Ultrapar&#8217;s gross profit was R$4,904.9 million in 2021, a growth of 23% compared to R$4,001.6&#160;million in 2020. Ipiranga&#8217;s gross profit was R$3,272.2 million in 2021, an increase of 30% compared to R$2,523.2&#160;million in 2020. Ultragaz&#8217;s gross profit was R$1,118.3 million in 2021, an increase of 2% compared to R$1,098.2&#160;million in 2020. Ultracargo&#8217;s gross profit was R$427.7 million in 2021, an increase of 14% compared to R$374.2&#160;million in 2020. abastece a&#237;&#8217;s gross profit was R$84.7&#160;million in 2021, compared to R$17.2 million in 2020. </span></p>
<p style="margin: 5pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Selling, marketing, general and administrative expenses</span><span style="font-weight: bold;">.</span> Ultrapar&#8217;s selling, marketing, general and administrative (&#8220;SG&amp;A&#8221;) expenses generally include personnel, freight, marketing and depreciation and amortization expenses. Ultrapar&#8217;s SG&amp;A expenses were R$3,398.2 million in 2021, an increase of 30% compared to R$2,605.1 million in 2020.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The following table shows the changes in SG&amp;A expenses for each of our segments: </span></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
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<table cellpadding="0" style="height: 112px; border-collapse: collapse; margin-top: 0px; margin-bottom: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; margin-left: 0px;" width="100%">
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<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000; width: 9.97547%;"><span style="font-size: 8pt;"><span style="font-family: 'times new roman', times; font-weight: bold;">2021</span><span style="font-family: 'times new roman', times;">&#160;</span></span></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; width: 1.06296%;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000; width: 9.97547%;"><span style="font-size: 8pt;"><span style="font-family: 'times new roman', times; font-weight: bold;">2020</span><span style="font-family: 'times new roman', times;">&#160;</span></span></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; width: 0.981194%;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000; width: 9.97547%;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">Percent</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">change</span></span><br/><span style="font-size: 8pt;"><span style="font-family: 'times new roman', times; font-weight: bold;">2021&#8212;2020</span><span style="font-family: 'times new roman', times;">&#160;</span></span></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; width: 1.06296%; height: 10px;"><br/></th>
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<th style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; width: 66.8847%;">
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
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<th colspan="3" style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; width: 21.0139%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">&#160; </span><span style="font-weight: bold;">(R$ million)</span></span></p>
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<th style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt;">&#160;</span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: bottom; width: 1.06296%; height: 17px;"><br/></th>
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<td style="vertical-align: top; background-color: #cceeff; height: 17px; width: 66.8847%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Ultragaz&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 661.2 </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.06296%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 620.2 </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.981194%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 7% </span></p>
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<td style="vertical-align: top; height: 17px; width: 66.8847%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Ultracargo&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 136.3 </span></p>
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<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; width: 1.06296%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 129.9 </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 5% </span></p>
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<td style="padding-left: 7.2pt; vertical-align: bottom; width: 1.06296%; height: 17px;"><br/></td>
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<td style="vertical-align: top; background-color: #cceeff; height: 17px; width: 66.8847%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Ipiranga&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,232.3 </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.06296%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,730.9 </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.981194%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 29% </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; width: 1.06296%; height: 17px;"><br/></td>
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<td style="vertical-align: top; height: 17px; width: 66.8847%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> abastece a&#237;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; width: 9.97547%; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 184.9 </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; width: 1.06296%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; width: 9.97547%; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 47.1 </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; width: 9.97547%; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 293% </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; width: 1.06296%; height: 17px;"><br/></td>
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<tr style="background-color: #cceeff; height: 17px;">
<td style="vertical-align: top; background-color: #cceeff; height: 17px; width: 66.8847%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> SG&amp;A from continuing operations&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> 3,398.2 </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.06296%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> 2,605.1 </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.981194%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> 30% </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; width: 1.06296%; height: 17px;"><br/></td>
</tr>
</tbody>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultragaz&#8217;s SG&amp;A expenses were R$661.2 million in 2021, an increase of 7% compared to R$620.2&#160;million in 2020, due to higher expenses with personnel, freight, and commercial rebates, partially offset by lower expenses with consultancies and initiatives to reduce expenses in several lines.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultracargo&#8217;s SG&amp;A expenses were R$136.3 million in 2021, an increase of 5% compared to R$129.9&#160;million in 2020, due to higher expenses with personnel (mainly due to performance-based compensation), information technology and engineering to support expansion projects, productivity gains and digital transformation.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ipiranga&#8217;s SG&amp;A expenses were R$2,232.3 million in 2021, an increase of 29% compared to R$1,730.9&#160;million in 2020, due to higher provisions for contingencies, higher expenses due to the increase in number of AmPm&#8217;s company-operated stores, Iconic higher sales volume and commercial rebates and higher sales volume and increase in unit cost for freight operations. This increase was partially offset by expense-reductions in several fronts in 2020, such as hiring, training and travel.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">abastece a&#237;&#8217;s SG&amp;A expenses were R$184.9&#160;million in 2021, an increase of R$137.8 million compared to R$47.1 million in 2020, due to higher expenses with personnel, development and marketing to increase the use of the application and the loyalty program.</span></p>
<p style="margin: 5pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Other operating income, net.</span> Other operating income, net was R$96.2 million in 2021, an increase of 50% compared to R$64.0&#160;million in 2020, due to higher constitution of extemporaneous tax credits as a result of the exclusion of the ICMS from the PIS and COFINS tax base in the amount of R$43.4 million and an increase of R$13.7 million in merchandise paid by our suppliers' to expose their products at the AmPm stores, partially offset by higher costs in the amount of R$37 million to meet the Renovabio's goals to reduce carbon emissions and encourage the consumption and production of biofuels in Brazil.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Gain (loss) on disposal of property, plant and equipment and intangible</span><span style="font-style: italic; font-weight: bold;">s</span><span style="font-style: italic; font-weight: bold;">. </span>Ultrapar&#8217;s income from disposal of assets was R$184.2 million in 2021, an increase of R$98.7 million compared to R$85.5&#160;million in 2020, mainly as a result of the ConectCar&#8217;s sale in the amount of R$76.5 million and higher sale of lands owned by Ipiranga's. The sale of Ipiranga's real estate properties is part of the company's business strategy to optimize employed capital when certain real estate properties value are higher than their respective value as an operational asset for the company. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Operating income</span><span style="font-style: italic; font-weight: bold;"> (loss)</span><span style="font-style: italic; font-weight: bold;"> before financial income (expenses) and share of profit</span><span style="font-style: italic; font-weight: bold;"> (loss)</span><span style="font-style: italic; font-weight: bold;"> of joint-ventures and associates</span><span style="font-weight: bold;">.</span> For the reasons described above, Ultrapar&#8217;s operating income before financial income (expenses) and share of profit (loss) of joint-ventures and associates was R$1,787.0 million in 2021, an increase of 16% compared to R$1,546.0&#160;million in 2020.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultragaz&#8217;s operating income before financial income (expenses) and share of profit (loss) of joint-venture and of associates was R$470.3 million in 2021, a decrease of 5% compared to R$494.2&#160;million in 2020, mainly due to higher expenses, partially offset by higher gross profit. Ultracargo&#8217;s operating income before financial income (expenses) and share of profit (loss) of joint-ventures and associates was R$293.6 million in 2021, an increase of 17% compared to R$251.8&#160;million in 2020, mainly due to higher gross profit. Ipiranga&#8217;s operating income before financial income (expenses) and share of profit (loss) of joint-ventures and associates was R$1,298.4 million in 2021, an increase of 42% compared to R$915.4&#160;million in 2020, mainly due to higher gross profit, partially offset by higher expenses. abastece a&#237;&#8217;s operating loss before financial income (expenses) and share of profit (loss) of joint-ventures and associates was R$95.0&#160;million in 2021, an increase of 228% compared to R$29.0 million in 2020, mainly due to higher gross profit.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Financial result, net</span><span style="font-weight: bold;">.</span> Net financial results include mainly income and expenses from interest on financial investments and financing and exchange rate variation. Ultrapar recognized a net financial expense of R$762,7 million in 2021, an increase of 39% compared to a net financial expense of R$550.3&#160;million in 2020, mainly due to the negative results of the fair value position on the foreign exchange hedging and the higher cost of the debts caused by the increase in interest rates.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Income and social contribution taxes.</span> Ultrapar&#8217;s income and social contribution taxes were R$188.0 million in 2021, a decrease of 38% compared to R$304.5&#160;million in 2020.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Profit from continuing operations. </span>Ultrapar&#8217;s profit from continuing operations was R$818.6 million in 2021, an increase of 27% compared to R$647.1 million in 2020, mainly due to higher operating income in Ipiranga and lower taxes, partially offset by higher financial expenses as described above.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Profit from discontinued operations.</span> Profit from discontinued operations decreased by 77% compared to 2020, mainly due to the impairment of R$427.5 million at Extrafarma in 2021, partially offset by higher operating income before financial expenses in Oxiteno.</span></p>
<p style="margin: 5pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Profit</span><span style="font-style: italic; font-weight: bold;"> for the year.</span> As a result of the foregoing, Ultrapar&#8217;s net income was R$883.9 million in 2021, a decrease of 5% compared to R$927.7&#160;million in 2020.</span></p>
<p style="margin: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<div>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">105</span></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Year ended December</span><span style="font-style: italic; font-weight: bold;">&#160;</span><span style="font-style: italic; font-weight: bold;">31, 2020 compared to the year ended December</span><span style="font-style: italic; font-weight: bold;">&#160;</span><span style="font-style: italic; font-weight: bold;">31, 2019.</span></span></p>
<p style="margin: 6pt 0pt 0pt; page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The following table shows a summary of our results of operations for the years ended December 31, 2020 and 2019:</span></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<div style="border-left: none; border-right: none;">
<table cellpadding="0" style="height: 386px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px;" width="100%">
<thead>
<tr style="height: 42px;">
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 42px; width: 40.9648%;">
<p style="border-top-color: #000000; border-top-width: 1pt; margin: 0pt; padding-top: 1pt; page-break-after: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</th>
<th colspan="2" style="padding-left: 7.2pt; vertical-align: bottom; height: 42px; border-bottom: 1px solid #000000;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Year ended </span><br/><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">December</span><span style="font-weight: bold;">&#160;31,</span></span><br/><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;"><span style="border-left: none; border-right: none;">20</span></span><span style="font-weight: bold;"><span style="border-left: none; border-right: none;">20</span></span></span><span style="font-family: 'times new roman', times; font-size: 8pt;">&#160;</span></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 42px; width: 0.981194%; border-bottom: 1px solid #000000;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 42px; width: 0.981194%; border-bottom: 1px solid #000000;"><br/></th>
<th colspan="2" style="padding-left: 7.2pt; vertical-align: bottom; height: 42px; border-bottom: 1px solid #000000;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">%</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">of</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">net</span></span><br/><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">revenue</span><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">from</span><br/><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">sales and</span><br/><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">services</span><span style="font-family: 'times new roman', times; font-size: 8pt;">&#160;</span></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 42px; width: 1.06296%; border-bottom: 1px solid #000000;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 42px; width: 0.981194%; border-bottom: 1px solid #000000;"><br/></th>
<th colspan="2" style="padding-left: 7.2pt; vertical-align: bottom; height: 42px; border-bottom: 1px solid #000000;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Year ended</span><br/><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">December</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">31,</span></span><br/><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;"><span style="border-left: none; border-right: none;">201</span></span><span style="font-weight: bold;"><span style="border-left: none; border-right: none;">9</span></span></span></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 42px; width: 0.981194%; border-bottom: 1px solid #000000;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 42px; width: 0.981194%; border-bottom: 1px solid #000000;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 42px; width: 10.0572%; border-bottom: 1px solid #000000;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">%</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">of</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">net</span></span><br/><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">revenue</span><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">from</span><br/><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">sales and</span><br/><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">services</span><span style="font-family: 'times new roman', times; font-size: 8pt;">&#160;</span></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 42px; width: 0.981194%; border-bottom: 1px solid #000000;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 42px; width: 0.981194%; border-bottom: 1px solid #000000;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 42px; width: 9.97547%; border-bottom: 1px solid #000000;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Percent</span><br/><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">change</span><br/><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">20</span><span style="font-weight: bold;">20</span><span style="font-weight: bold;">&#8212;201</span><span style="font-weight: bold;">9</span></span><span style="font-family: 'times new roman', times; font-size: 8pt;">&#160;</span></th>
<th style="vertical-align: top; height: 42px; width: 1.06296%;"></th>
</tr>
<tr style="height: 17px;">
<th style="padding-left: 7.2pt; vertical-align: bottom; width: 40.9648%; height: 17px;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; width: 9.9908%; height: 17px;" colspan="2"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Re-presented</span></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; width: 0.981194%; height: 17px;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; width: 0.981194%; height: 17px;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; width: 9.9908%; height: 17px;" colspan="2"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; width: 1.06296%; height: 17px;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; width: 0.981194%; height: 17px;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; width: 9.9908%; height: 17px;" colspan="2"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Re-presented</span></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; width: 0.981194%; height: 17px;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; width: 0.981194%; height: 17px;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; width: 10.0572%; height: 17px;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; width: 0.981194%; height: 17px;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; width: 0.981194%; height: 17px;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; width: 9.97547%; height: 17px;"><br/></th>
<th style="vertical-align: top; width: 1.06296%; height: 17px;"><br/></th>
</tr>
<tr style="height: 10px;">
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; width: 40.9648%;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></th>
<th colspan="16" style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; width: 57.9364%; margin: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">(R$ million)</span></th>
<th style="vertical-align: top; height: 10px; width: 1.06296%;"></th>
</tr>
</thead>
<tbody>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; width: 40.9648%; height: 17px; background-color: #cceeff;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration: underline; float: none; display: inline !important;">Continuing operations</span></td>
<td style="vertical-align: bottom; width: 9.9908%; height: 17px; background-color: #cceeff;" colspan="2"><br/></td>
<td style="vertical-align: bottom; width: 0.981194%; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; width: 0.981194%; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; width: 9.9908%; height: 17px; background-color: #cceeff;" colspan="2"><br/></td>
<td style="vertical-align: bottom; width: 1.06296%; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; width: 0.981194%; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; width: 9.9908%; height: 17px; background-color: #cceeff;" colspan="2"><br/></td>
<td style="vertical-align: bottom; width: 0.981194%; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; width: 0.981194%; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; width: 10.0572%; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; width: 0.981194%; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; width: 0.981194%; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; width: 9.97547%; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; width: 1.06296%; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px; width: 40.9648%;">
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Net revenue from sales and services&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td colspan="2" style="vertical-align: bottom; height: 17px; width: 9.9908%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 74,058.1 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td colspan="2" style="vertical-align: bottom; height: 17px; width: 9.9908%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 100% </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 1.06296%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td colspan="2" style="vertical-align: bottom; height: 17px; width: 9.9908%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 83,004.7 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 10.0572%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 100% </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> -11% </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 1.06296%;"></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; width: 40.9648%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Cost of products and services sold&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td colspan="2" style="vertical-align: bottom; height: 17px; width: 9.9908%; background-color: #cceeff; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (70,056.4 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;">)</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;"><br/></td>
<td colspan="2" style="vertical-align: bottom; height: 17px; width: 9.9908%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 95% </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 1.06296%; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;"><br/></td>
<td colspan="2" style="vertical-align: bottom; height: 17px; width: 9.9908%; background-color: #cceeff; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (78,208.8 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;">)</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 10.0572%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 94% </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 9.97547%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> -10% </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 1.06296%; background-color: #cceeff;"></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: bottom; height: 17px; width: 40.9648%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Gross profit&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td colspan="2" style="vertical-align: bottom; height: 17px; width: 9.9908%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <span style="border-left: none; border-right: none;">4,001.6</span> </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td colspan="2" style="vertical-align: bottom; height: 17px; width: 9.9908%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <span style="border-left: none; border-right: none;">5</span>% </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 1.06296%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td colspan="2" style="vertical-align: bottom; height: 17px; width: 9.9908%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <span style="border-left: none; border-right: none;">4,795.9</span> </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 10.0572%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <span style="border-left: none; border-right: none;">6</span>% </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><span style="font-weight: bold;"><span style="font-family: 'times new roman', times; font-size: 10pt;">-<span style="border-left: none; border-right: none;">17</span></span><span style="font-family: 'times new roman', times; font-size: 10pt;">%</span></span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 1.06296%;"></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; width: 40.9648%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Selling, marketing, general and administrative expenses&#185;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td colspan="2" style="vertical-align: bottom; height: 17px; width: 9.9908%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (2,605.1 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;">)</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;"><br/></td>
<td colspan="2" style="vertical-align: bottom; height: 17px; width: 9.9908%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 4% </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 1.06296%; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;"><br/></td>
<td colspan="2" style="vertical-align: bottom; height: 17px; width: 9.9908%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (2,886.4 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;">)</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 10.0572%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3% </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 9.97547%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> -10% </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 1.06296%; background-color: #cceeff;"></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px; width: 40.9648%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Other operating income, net&#178;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td colspan="2" style="vertical-align: bottom; height: 17px; width: 9.9908%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 64.0 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td colspan="2" style="vertical-align: bottom; height: 17px; width: 9.9908%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 0% </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 1.06296%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td colspan="2" style="vertical-align: bottom; height: 17px; width: 9.9908%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 140.0 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 10.0572%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 0% </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 54% </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 1.06296%;"></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; width: 40.9648%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Gain (loss) on disposal of property, plant and equipment and intangibles&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td colspan="2" style="vertical-align: bottom; height: 17px; width: 9.9908%; background-color: #cceeff; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 85.5 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;"><br/></td>
<td colspan="2" style="vertical-align: bottom; height: 17px; width: 9.9908%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 0% </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 1.06296%; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;"><br/></td>
<td colspan="2" style="vertical-align: bottom; height: 17px; width: 9.9908%; background-color: #cceeff; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1.7 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 10.0572%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 0% </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 9.97547%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> N/A </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 1.06296%; background-color: #cceeff;"></td>
</tr>
<tr style="height: 28px;">
<td style="vertical-align: bottom; height: 28px; width: 40.9648%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Operating income (loss) before financial income (expenses) and share of profit (loss) of joint-ventures and associates </span></p>
</td>
<td colspan="2" style="vertical-align: bottom; height: 28px; width: 9.9908%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <span style="border-left: none; border-right: none;">1,546.0</span> </span></p>
</td>
<td style="vertical-align: bottom; height: 28px; width: 0.981194%;"><br/></td>
<td style="vertical-align: bottom; height: 28px; width: 0.981194%;"><br/></td>
<td colspan="2" style="vertical-align: bottom; height: 28px; width: 9.9908%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <span style="border-left: none; border-right: none;">2</span>% </span></p>
</td>
<td style="vertical-align: bottom; height: 28px; width: 1.06296%;"><br/></td>
<td style="vertical-align: bottom; height: 28px; width: 0.981194%;"><br/></td>
<td colspan="2" style="vertical-align: bottom; height: 28px; width: 9.9908%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <span style="border-left: none; border-right: none;">2,051.2</span> </span></p>
</td>
<td style="vertical-align: bottom; height: 28px; width: 0.981194%;"><br/></td>
<td style="vertical-align: bottom; height: 28px; width: 0.981194%;"><br/></td>
<td style="vertical-align: bottom; height: 28px; width: 10.0572%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <span style="border-left: none; border-right: none;">2</span>% </span></p>
</td>
<td style="vertical-align: bottom; height: 28px; width: 0.981194%;"><br/></td>
<td style="vertical-align: bottom; height: 28px; width: 0.981194%;"><br/></td>
<td style="vertical-align: bottom; height: 28px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> -<span style="border-left: none; border-right: none;">25</span>% </span></p>
</td>
<td style="vertical-align: top; height: 28px; width: 1.06296%;"></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; width: 40.9648%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Financial result, net&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td colspan="2" style="vertical-align: bottom; height: 17px; width: 9.9908%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (550.3 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;">)</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;"><br/></td>
<td colspan="2" style="vertical-align: bottom; height: 17px; width: 9.9908%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1% </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 1.06296%; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;"><br/></td>
<td colspan="2" style="vertical-align: bottom; height: 17px; width: 9.9908%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (673.4 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;">)</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 10.0572%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1% </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 9.97547%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> -18% </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 1.06296%; background-color: #cceeff;"></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px; width: 40.9648%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Income and social contribution taxes&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td colspan="2" style="vertical-align: bottom; height: 17px; width: 9.9908%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (304.5 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%;">)</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td colspan="2" style="vertical-align: bottom; height: 17px; width: 9.9908%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 0% </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 1.06296%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td colspan="2" style="vertical-align: bottom; height: 17px; width: 9.9908%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (470.0 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%;">)</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 10.0572%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1% </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> -35% </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 1.06296%;"></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; width: 40.9648%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Share of profit (loss) of joint-ventures and associates&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td colspan="2" style="vertical-align: bottom; height: 17px; width: 9.9908%; background-color: #cceeff; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (44.0 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;">)</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;"><br/></td>
<td colspan="2" style="vertical-align: bottom; height: 17px; width: 9.9908%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 0% </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 1.06296%; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;"><br/></td>
<td colspan="2" style="vertical-align: bottom; height: 17px; width: 9.9908%; background-color: #cceeff; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (12.7 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;">)</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 10.0572%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 0% </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 9.97547%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 246% </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 1.06296%; background-color: #cceeff;"></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: bottom; height: 17px; width: 40.9648%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Profit from continuing operations&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td colspan="2" style="vertical-align: bottom; height: 17px; width: 9.9908%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <span style="border-left: none; border-right: none;">647.1</span> </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td colspan="2" style="vertical-align: bottom; height: 17px; width: 9.9908%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <span style="border-left: none; border-right: none;">1</span>% </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 1.06296%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td colspan="2" style="vertical-align: bottom; height: 17px; width: 9.9908%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <span style="border-left: none; border-right: none;">895.2</span> </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 10.0572%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <span style="border-left: none; border-right: none;">1</span>% </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> -<span style="border-left: none; border-right: none;">28</span>% </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 1.06296%;"></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: bottom; height: 17px; width: 40.9648%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; text-decoration: underline;"> Discontinued operations </span></p>
</td>
<td colspan="2" style="vertical-align: bottom; height: 17px; width: 9.9908%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;"><br/></td>
<td colspan="2" style="vertical-align: bottom; height: 17px; width: 9.9908%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 1.06296%; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;"><br/></td>
<td colspan="2" style="vertical-align: bottom; height: 17px; width: 9.9908%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 10.0572%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><br/></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 9.97547%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 1.06296%; background-color: #cceeff;"></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: bottom; height: 17px; width: 40.9648%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Profit (loss) from discontinued operations&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td colspan="2" style="vertical-align: bottom; height: 17px; width: 9.9908%; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 280.6 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td colspan="2" style="vertical-align: bottom; height: 17px; width: 9.9908%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> N/A </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 1.06296%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td colspan="2" style="vertical-align: bottom; height: 17px; width: 9.9908%; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (492.3 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%;">)</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 10.0572%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> N/A </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> -157% </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 1.06296%;"></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: bottom; height: 17px; width: 40.9648%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Profit for the year&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td colspan="2" style="vertical-align: bottom; height: 17px; width: 9.9908%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <span style="border-left: none; border-right: none;">927.7</span> </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;"><br/></td>
<td colspan="2" style="vertical-align: bottom; height: 17px; width: 9.9908%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> N/A </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 1.06296%; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;"><br/></td>
<td colspan="2" style="vertical-align: bottom; height: 17px; width: 9.9908%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <span style="border-left: none; border-right: none;">402.9</span> </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 10.0572%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">N/A</span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 9.97547%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <span style="border-left: none; border-right: none;">130</span>% </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 1.06296%; background-color: #cceeff;"></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px; width: 40.9648%;">
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Net income attributable to: </span></p>
</td>
<td colspan="2" style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; width: 9.9908%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td colspan="2" style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; width: 9.9908%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; width: 1.06296%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td colspan="2" style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; width: 9.9908%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; width: 10.0572%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 1.06296%;"></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; width: 40.9648%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Shareholders of Ultrapar&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td colspan="2" style="vertical-align: bottom; height: 17px; width: 9.9908%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 893.4 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;"><br/></td>
<td colspan="2" style="vertical-align: bottom; height: 17px; width: 9.9908%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> N/A </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 1.06296%; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;"><br/></td>
<td colspan="2" style="vertical-align: bottom; height: 17px; width: 9.9908%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 373.5 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 10.0572%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> N/A </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 9.97547%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 139% </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 1.06296%; background-color: #cceeff;"></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px; width: 40.9648%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Non-controlling shareholders of the subsidiaries&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td colspan="2" style="vertical-align: bottom; height: 17px; width: 9.9908%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 34.3 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td colspan="2" style="vertical-align: bottom; height: 17px; width: 9.9908%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> N/A </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 1.06296%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td colspan="2" style="vertical-align: bottom; height: 17px; width: 9.9908%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 29.4 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 10.0572%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> N/A </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 17% </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 1.06296%;"></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify; font-family: 'Times New Roman'; font-size: 7pt;"><span style="font-family: 'Times New Roman'; font-size: 7pt;">&#160;</span></p>
<div style="border-left: none; border-right: none;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-size: 8pt;"><sup>&#160; &#160;1</sup></span>&#160;<span style="font-size: 8pt;"> Considers both selling and marketing, reversion (loss) allowance for expected credit losses and general and administrative expenses&#160;</span></span></div>
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-size: 8pt;"><sup>&#160; &#160;2</sup></span>&#160; <span style="font-size: 8pt;">Considers both other operating income and other operating expenses</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Net revenue from sales and services</span><span style="font-weight: bold;">.</span> Ultrapar&#8217;s net revenue from sales and services was R$74,058.1&#160;million in 2020, a decrease of 11% compared to R$83,004.7&#160;million in 2019, reflecting lower revenues in Ipiranga, partially offset by higher revenues in Ultragaz and Ultracargo, as further detailed below. Over the past three years, more than 90% of our consolidated net revenue was generated by Ipiranga and Ultragaz. Therefore, the main components of these revenues come from diesel, gasoline, ethanol and LPG sales. Additionally, we also generate revenue from liquid bulk storage services provided by Ultracargo.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div>
<div id="t_ft_U8KGWKRMHC00000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">106</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The following table shows the change in net revenue from sales and services for each of our segments:</span></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<div style="border-left: none; border-right: none;">
<table cellpadding="0" style="height: 129px; border-collapse: collapse; margin-top: 0px; margin-bottom: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; margin-left: 0px;" width="100%">
<thead>
<tr style="height: 34px;">
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 34px;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">20</span><span style="font-weight: bold;">20</span> </span><span style="font-family: 'times new roman', times; font-size: 8pt;">&#160;</span></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 34px;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 34px;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">201</span><span style="font-weight: bold;">9</span> </span><span style="font-family: 'times new roman', times; font-size: 8pt;">&#160;</span></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 34px;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 34px;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">Percent</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">change</span></span><br/><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">20</span><span style="font-weight: bold;">20</span><span style="font-weight: bold;">&#8212;201</span><span style="font-weight: bold;">9</span> </span><span style="font-family: 'times new roman', times; font-size: 8pt;">&#160;</span></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 34px;"><br/></th>
</tr>
<tr style="height: 17px;">
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</th>
<th colspan="3" style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">(R$ million)</span></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><span style="font-family: 'times new roman', times; font-size: 8pt;">&#160;</span></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></th>
</tr>
</thead>
<tbody>
<tr style="background-color: #cceeff; height: 17px;">
<td style="vertical-align: top; background-color: #cceeff; height: 17px; width: 67%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Ultragaz&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 7,408.3 </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 7,094.8 </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 4% </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Ultracargo&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 644.2 </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 540.8 </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 19% </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="background-color: #cceeff; height: 17px;">
<td style="vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Ipiranga&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 66,133.0 </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 75,452.5 </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> -12% </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> abastece a&#237;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 17.2 </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> N/A </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="background-color: #cceeff; height: 10px;">
<td style="vertical-align: top; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">Net revenue from</span><span style="font-weight: bold;"> sales and services from</span><span style="font-weight: bold;"> continuing operations <span style="font-size: 8pt;"><sup>(1)</sup></span></span><span style="font-weight: bold;">&#160; &#160; &#160; &#160; &#160; &#160;</span></span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <span style="border-left: none; border-right: none;">74,058.1</span> </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <span style="border-left: none; border-right: none;">83,004.7</span> </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-weight: bold;"><span style="font-family: 'times new roman', times; font-size: 10pt;">-<span style="border-left: none; border-right: none;">11</span></span><span style="font-family: 'times new roman', times; font-size: 10pt;">%</span></span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
</tbody>
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<p style="margin: 0pt; text-align: justify; font-family: 'Times New Roman'; font-size: 7pt;"><span style="font-family: 'Times New Roman'; font-size: 7pt;">&#160;</span></p>
<div style="border-left: none; border-right: none;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;<span style="font-size: 8pt;"> &#160;<sup>(1)</sup>&#160; Segment information for Ultragaz, Ultracargo, Ipiranga and abastece a&#237; is presented on an unconsolidated basis</span></span></div>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultragaz&#8217;s net revenue from sales and services was R$7,408.3&#160;million in 2020, an increase of 4% compared to R$7,094.8&#160;million in 2019, mainly due to higher sales volume in the period and increases of LPG prices implemented by Petrobras in 2020 (see &#8220;Business Overview Overview&#8212;Distribution of Liquefied Petroleum Gas&#8212;Ultragaz&#8212;Prices of LPG"). Ultragaz&#8217;s sales volume was 1,732 thousand of tons in 2020 compared to 1,706 thousand of tons in 2019, an increase of 2%, reflecting market growth in the period. In the bottled segment, volumes increased by 2%, due to stronger residential consumption driven by restrictions imposed by the pandemic. In the bulk segment, volumes remained stable with higher sales to industry and special gases (propellants), which were partially offset by lower volumes to the commercial and services sectors, most affected by social distancing measures adopted in connection with efforts to contain the spread of COVID-19 pandemic.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultracargo&#8217;s net revenue from sales and services was R$644.2&#160;million in 2020, an increase of 19% compared to R$540.8&#160;million in 2019, driven by greater fuel handling in light of expansions and spot operations as well as higher tariffs due to contractual readjustments. The average installed capacity at Ultracargo in 2020 increased by 12%, due to expanded tankage capacity at the terminals in Santos and Itaqui in the past 18 months. Consequently, cubic meter sold grew by 14% with greater fuel handling at the two terminals and a higher number of spot operations. Ultracargo ended the year with a market share of product handling of 25.2% in 2020 versus 23.7% at the end of 2019 according to ABLT, which was in line with the company&#8217;s growth plan.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ipiranga&#8217;s net revenue from sales and services was R$66,133.0 million in 2020, a decrease of 12% compared to R$75,452.5&#160;million in 2019, mainly due to lower sales volume and average fuel price volatility, in particular the substantial fall in fuel prices between March and April 2020, followed by continuous increases in the subsequent months. Ipiranga&#8217;s sales volume fell by 9% in 2020, due to the effects of the pandemic which significantly impacted fuel consumption in Brazil, mainly in the second quarter of 2020. This decrease was partially offset by a gradual recovery in demand for the period following the second quarter of 2020. The Otto cycle segment was the mostly affected by the lower demand, with sales volume decreasing 14% in 2020 compared to 2019. Sales volume of diesel decreased by 3% in 2020 compared to 2019.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">abastece a&#237;&#8217;s net revenue from sales and services was R$17.2&#160;million in 2020, mainly linked to Ipiranga gas stations transactions and new partnerships.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Cost of products and services sold</span><span style="font-weight: bold;">.</span> Ultrapar&#8217;s cost of products and services sold was R$70,056.4&#160;million in 2020, a decrease of 10% compared to R$78,208.8&#160;million in 2019, due to lower costs in Ipiranga, partially offset by higher costs in Ultragaz and Ultracargo, as further detailed below. Ultrapar main costs of products and services sold are related to the purchase of goods for resale, including diesel, gasoline and ethanol for Ipiranga, LPG for Ultragaz, in addition to depreciation and amortization.&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">107</span></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The following table shows the change in cost of products and services sold for each of our segments:</span></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<div style="border-left: none; border-right: none;">
<table cellpadding="0" style="border-collapse: collapse; margin-top: 0px; margin-bottom: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; margin-left: 0.1px;" width="100%">
<thead>
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<th style="padding-left: 7.2pt; vertical-align: bottom; width: 66.8847%;">
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 9.97547%;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">20</span><span style="font-weight: bold;">20</span> </span><span style="font-family: 'times new roman', times; font-size: 8pt;">&#160;</span></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; width: 1.06296%;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 9.97547%;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">20</span><span style="font-weight: bold;">19</span> </span><span style="font-family: 'times new roman', times; font-size: 8pt;">&#160;</span></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; width: 0.981194%;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 9.97547%;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">Percent</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">change</span></span><br/><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">20</span><span style="font-weight: bold;">20</span><span style="font-weight: bold;">&#8212;201</span><span style="font-weight: bold;">9</span> </span><span style="font-family: 'times new roman', times; font-size: 8pt;">&#160;</span></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; width: 1.06296%;"><br/></th>
</tr>
<tr>
<th style="padding-left: 7.2pt; vertical-align: bottom; width: 66.8847%;">
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</th>
<th colspan="5" style="padding-left: 7.2pt; vertical-align: bottom; width: 31.9706%;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">(R$ million)</span><span style="font-family: 'times new roman', times; font-size: 8pt;">&#160;</span></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; width: 1.06296%;"><br/></th>
</tr>
</thead>
<tbody>
<tr style="background-color: #cceeff;">
<td style="vertical-align: top; background-color: #cceeff; width: 66.8847%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Ultragaz&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 6,310.2 </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; width: 1.06296%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 6,105.0 </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; width: 0.981194%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3% </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; width: 1.06296%;"><br/></td>
</tr>
<tr>
<td style="vertical-align: top; width: 66.8847%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Ultracargo&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 270.0 </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; width: 1.06296%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 261.0 </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; width: 0.981194%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3% </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; width: 1.06296%;"><br/></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: top; background-color: #cceeff; width: 66.8847%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Ipiranga&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 63,609.9 </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; width: 1.06296%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 71,962.7 </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; width: 0.981194%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> -12% </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; width: 1.06296%;"><br/></td>
</tr>
<tr>
<td style="vertical-align: top; width: 66.8847%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> abastece a&#237;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; border-bottom: 1px solid #000000; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 0,0 </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; width: 1.06296%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; border-bottom: 1px solid #000000; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; width: 0.981194%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; border-bottom: 1px solid #000000; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> N/A </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; width: 1.06296%;"><br/></td>
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<tr style="background-color: #cceeff;">
<td style="vertical-align: top; background-color: #cceeff; width: 66.8847%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">Cost of products and services sold from</span><span style="font-weight: bold;"> continuing operations<span style="font-size: 8pt;"><sup> (1)</sup></span></span><span style="font-weight: bold;">&#160; &#160; &#160; &#160; &#160; &#160;&#160;</span></span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <span style="border-left: none; border-right: none;">70,056.4</span> </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; width: 1.06296%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <span style="border-left: none; border-right: none;">78,208.8</span> </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; width: 0.981194%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> -<span style="border-left: none; border-right: none;">10</span>% </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; width: 1.06296%;"><br/></td>
</tr>
</tbody>
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</div>
<p style="margin: 0pt; text-align: justify; font-family: 'Times New Roman'; font-size: 7pt;"><span style="font-family: 'Times New Roman'; font-size: 7pt;">&#160;</span></p>
<div style="border-left: none; border-right: none;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160; <sup>&#160;</sup><span style="font-size: 8pt;"><sup>(1)&#160;</sup> Segment information for Ultragaz, Ultracargo, Ipiranga and abastece a&#237; is presented on an unconsolidated basis&#160;</span></span></div>
<p style="margin: 12pt 0pt 5pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultragaz&#8217;s cost of products and services sold was R$6,310.2&#160;million in 2020, an increase of 3% when compared to R$6,105.0&#160;million in 2019, due to the increases of LPG prices implemented Petrobras in 2020 (see "Business Overview&#8212;Distribution of Liquefied Petroleum Gas&#8212;Ultragaz&#8212;Prices of LPG"), in addition to higher freight costs associated with sourcing LPG from more distant supply bases, as under our LPG supply agreement with Petrobras we are responsible for freight costs and Petrobras may supply LPG through various hubs, not necessarily close to our facilities.</span></p>
<p style="margin: 12pt 0pt 5pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultracargo&#8217;s cost of products and services sold was R$270.0&#160;million in 2020, an increase of 3% compared to R$261.0&#160;million in 2019, due to the increase in tankage capacity between the periods. The cost of services provided per cubic meter sold posted a decrease of 9%, reflecting gains in productivity at the terminals.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ipiranga&#8217;s cost of products and services sold was R$63,609.9&#160;million in 2020, a decrease of 12% compared to R$71,962.7&#160;million in 2019, in line with the reduction in sales volume described above.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Gross profit</span><span style="font-weight: bold;">.</span> For the reasons described above, Ultrapar&#8217;s gross profit was R$4,001.6&#160;million in 2020, a decrease of 17% compared to R$4,795.9 million in 2019, mainly as a result of decreased gross profit in Ipiranga. Ipiranga&#8217;s gross profit was R$2,523.2&#160;million in 2020, a decrease of 28% compared to R$3,489.7&#160;million in 2019, mainly due to lower volumes as mentioned above. Ultragaz&#8217;s gross profit was R$1,098.2&#160;million in 2020, an increase of 11% compared to R$989.9&#160;million in 2019, due to higher volumes as describe above. Ultracargo&#8217;s gross profit was R$374.2&#160;million in 2020, an increase of 34% compared to R$279.7&#160;million in 2019, mainly due to the aforementioned higher volumes. abastece a&#237;&#8217;s gross profit was R$17.2&#160;million in 2020.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Selling, marketing, general and administrative expenses</span><span style="font-weight: bold;">.</span> Ultrapar&#8217;s selling, marketing, general and administrative (&#8220;SG&amp;A&#8221;) expenses generally include personnel, freight, marketing and depreciation and amortization expenses. Ultrapar&#8217;s SG&amp;A expenses were R$4,098.4&#160;million in 2020, a decrease of 6% compared to R$4,366.6&#160;million in 2019.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The following table shows the changes in SG&amp;A expenses for each of our segments:&#160;</span></p>
<p style="margin: 0px; break-after: avoid; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_A8O3N2E4TC00000000000000000000b">
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<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: bottom; border-bottom: 1pt solid #000000;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">20</span><span style="font-weight: bold;">20</span> </span><span style="font-family: 'times new roman', times; font-size: 8pt;">&#160;</span></th>
<th style="padding-left: 7.2pt; vertical-align: bottom;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; border-bottom: 1pt solid #000000;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">201</span><span style="font-weight: bold;">9</span> </span><span style="font-family: 'times new roman', times; font-size: 8pt;">&#160;</span></th>
<th style="padding-left: 7.2pt; vertical-align: bottom;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; border-bottom: 1pt solid #000000;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">Percent</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">change</span></span><br/><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">20</span><span style="font-weight: bold;">20</span><span style="font-weight: bold;">&#8212;201</span><span style="font-weight: bold;">9</span> </span><span style="font-family: 'times new roman', times; font-size: 8pt;">&#160;</span></th>
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<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</th>
<th colspan="5" style="padding-left: 7.2pt; vertical-align: bottom;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">(R$ million)</span><span style="font-family: 'times new roman', times; font-size: 8pt;">&#160;</span></th>
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<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Ultragaz&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 620.2 </span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 636.5 </span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> -3% </span></p>
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<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Ultracargo&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 129.9 </span></p>
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<td style="padding-left: 7.2pt; vertical-align: middle;"><br/></td>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 133.4 </span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> -3% </span></p>
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<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Ipiranga&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,730.9 </span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,002.1 </span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> -14% </span></p>
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<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> abastece a&#237;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 47.1 </span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 13% </span></p>
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<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;"> Selling, marketing, general and administrative expenses from continuing operations&#160; &#160; &#160;</span> &#160; &#160; &#160; &#160; &#160;</span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <span style="border-left: none; border-right: none;">2,605.1</span> </span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <span style="border-left: none; border-right: none;">2,886.4</span> </span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> -<span style="border-left: none; border-right: none;">10</span>% </span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultragaz&#8217;s SG&amp;A expenses were R$620.2&#160;million in 2020, a decrease of 3% compared to R$636.5&#160;million in 2019, as a result of several initiatives implemented for reducing expenses, particularly in the payroll line, in addition to lower expenses with materials and provisions for doubtful accounts. This was partially offset by the increase in freight expenditures as a result of higher volume and inflation rate in the period together with higher fees for consultancies hired to improve operational efficiency.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultracargo&#8217;s SG&amp;A expenses were R$129.9&#160;million in 2020, a decrease of 3% compared to R$133.4&#160;million in 2019, due to lower payroll expenses, which were partially offset by higher expenditures with IT systems for strengthening the technological platform and conceptual engineering projects for expansion studies.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ipiranga&#8217;s SG&amp;A expenses were R$1,730.9&#160;million in 2020, a decrease of 14% compared to R$2,002.1&#160;million in 2019, mainly due to the reduction in payroll and freight (lower sales volume) in addition to lower provisions for doubtful accounts and costs controls on various fronts, such as freight, payroll and marketing expenses.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">abastece a&#237;&#8217;s SG&amp;A expenses were R$47.1&#160;million in 2020, mainly due to payroll, technology and marketing expenses for structuring and growth of the business.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Other operating income, net. </span>Other operating income, net was R$64.0&#160;million in 2020, a decrease of 54% compared to R$140.0&#160;million in 2019, reflecting the appropriation of costs in the total amount of R$124.0 million, with respect to Renovabio targets at Ipiranga, partially offset by tax credits at Ultracargo in 2020 and the recognition in 2019 of a R$65.5&#160;million provision for the payment of the Conduct Adjustment Agreement (&#8220;TAC&#8221;) at Ultracargo, signed with the Public Prosecutor&#8217;s Office, relating to the implementation of actions to offset the impacts caused to the Santos estuary following the fire at the Ultracargo terminal in 2015 (see &#8220;Item 4.A. Information on the Company&#8212;History and Development of the Company&#8212;Ultracargo &#8212;Fire at storage facilities in Santos&#8221;).</span></p>
<p style="margin: 12pt 0pt 5pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Gain (loss) on disposal of property, plant and equipment and intangible</span><span style="font-style: italic; font-weight: bold;">s</span><span style="font-style: italic; font-weight: bold;">. </span>Ultrapar&#8217;s expense from disposal of assets was R$85.5&#160;million in 2020, an increase of R$83.8 million compared to R$1.7&#160;million in 2019, mainly due to the higher sale of real estate owned by Ipiranga. The sale of Ipiranga's real estate properties is part of the company's business strategy to optimize employed capital when certain real estate properties value is higher than its respective value as an operational asset for the company.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Operating income (loss) before financial income (expenses) and share of profit (loss) of joint-ventures and associates</span><span style="font-style: italic; font-weight: bold;">.</span> For the reasons described above, Ultrapar&#8217;s operating income before financial income (expenses) and share of profit (loss) of joint-ventures and associates was R$1,546.0&#160;million in 2020, a decrease of 25% compared to R$2,051.2&#160;million in 2019, mainly as a result of the decreased operating income before financial income (expenses) and share of profit (loss) of joint-ventures and associates in Ipiranga, partially offset by the increased operating income before financial income (expenses) and share of profit (loss) of joint-ventures in Ultragaz and Ultracargo.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultragaz&#8217;s operating income before financial income (expenses) and share of profit (loss) of associates was R$494.2&#160;million in 2020, an increase of 34% compared to R$369.0&#160;million in 2019, mainly due to higher gross profit and lower expenses. Ultracargo&#8217;s operating income before financial income (expenses) and share of profit (loss) of joint-ventures and associates was R$251.8&#160;million in 2020, an increase of 203% compared to R$83.2&#160;million in 2019, mainly due to higher gross profit and lower expenses. Ipiranga&#8217;s operating income before financial income (expenses) and share of profit (loss) of joint-ventures and associates was R$915.4&#160;million in 2020, a decrease of 45% compared to R$1,674.4&#160;million in 2019, due to lower gross profit. abastece a&#237;&#8217;s operating loss before financial income (expenses) and share of profit (loss) of joint-ventures and associates was R$29.0&#160;million in 2020.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Net financial </span><span style="font-style: italic; font-weight: bold;">results, net</span><span style="font-weight: bold;">.</span> Net financial results include mainly income and expenses from interest on financial investments and financing and exchange rate variation. Ultrapar recognized a net financial expense of R$550.3&#160;million in 2020, a decrease of 18% compared to a net financial expense of R$673.4&#160;million in 2019, mainly due to the appropriation of interest on extemporaneous tax credits in 2020.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Income and social contribution taxes.</span> Ultrapar&#8217;s income and social contribution taxes net of benefits from income tax exemptions were R$304.5&#160;million in 2020, a decrease of 35% compared to R$470.0&#160;million in 2019, due to lower profit.</span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Profit from continuing operations. </span>Ultrapar&#8217;s profit from continuing operations was R$647.1 million in 2020, a decrease of 28% compared to R$895.2 million in 2019, mainly due to lower operating income before financial income in Ipiranga and higher taxes, partially offset by lower financial expenses in 2020.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Profit from discontinued operations.</span> Profit from discontinued operations was R$280.6 million in 2020, an increase by R$772.9 million compared to 2019, mainly due to the impairment of R$593.3 million at Extrafarma in 2019 and higher operating income before financial income in Oxiteno.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Profit</span><span style="font-style: italic; font-weight: bold;"> for the year.</span> As a result of the foregoing, Ultrapar&#8217;s profit for the year was R$927.7&#160;million in 2020, an increase of 130% compared to R$402.9&#160;million in 2019.</span></p>
<p style="margin: 18pt 0pt 0pt 24.5pt; page-break-after: avoid; text-indent: -24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">B.</span><span style="font-weight: bold;">&#160; &#160; &#160;&#160;</span><span style="font-weight: bold;">Liquidity and Capital Resources</span></span></p>
<p style="margin: 12pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Sources and </span><span style="font-style: italic; font-weight: bold;">U</span><span style="font-style: italic; font-weight: bold;">ses of funds</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Our principal sources of liquidity derive from (i)&#160;cash, cash equivalents and financial investments, (ii)&#160;cash generated from operations and (iii)&#160;financings. Our material cash requirements have included the following:</span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 10pt; margin: 12pt 0pt 0pt 52pt; padding-left: 8.4pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Working capital;</span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 12pt 0pt 0pt 52pt; padding-left: 8.4pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Capital expenditures;</span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 12pt 0pt 0pt 52pt; padding-left: 8.4pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Amortization of debts; and</span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 12pt 0pt 0pt 52pt; padding-left: 8.4pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Payment of dividends.</span></li>
</ul>
<p style="margin: 12pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">Discussion of contractual obligations</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">We expect to spend approximately R$14.9 billion to meet contractual obligations over the next five years, including amortization and interest payments on existing financings. As of December 31, 2021, we had short- and long- term obligations related to financings and interest on financing contracts totaling R$3.6 billion and R$9.3 billion, respectively (see Note 17 to our consolidated financial statements). As of December 31, 2021, we also had short- and long- term liabilities in connection with hedge instruments totaling R$0.2 billion and R$0.4 billion, respectively, and short-term and long-term contractual obligations related to lease payables in the amount of R$0.3 billion and R$0.9 billion, respectively.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Subsidiary Ultracargo Log&#237;stica has agreements with CODEBA, with the Complexo Industrial Portu&#225;rio Governador Eraldo Gueiros and with Empresa Maranhense de Administra&#231;&#227;o Portu&#225;ria, in connection with its port facilities in Aratu, Suape and Itaqui, respectively. Such agreements establish a minimum cargo movement of products that corresponds to an obligation of R$14.3 million and R$30.2 million in short- and long-term, respectively.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">We also estimate an obligation amount of planned funding from pension plan (Ultraprev) of R$21.8 million and R$94.7 million in short- and long term, respectively.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Moreover, we periodically assess the opportunities for acquisitions and investments. We consider different types of investments, either directly or through joint-ventures, or associated companies, and we finance such investments using cash generated from our operations, debt financing, through capital increases or through a combination of these methods.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">We expect to meet our cash requirements through a combination of cash generated from operating activities and cash generated by financing activities, including new debt financing and the refinancing of some of our indebtedness as it becomes due. We believe that our sources of liquidity are sufficient to meet our cash requirements going forward.&#160;</span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Cash Flows</span><span style="font-style: italic; font-weight: bold;"> </span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic;">Net cash provided by</span><span style="font-style: italic;"> (used in)</span><span style="font-style: italic;"> operating activities</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;"> </span>Net cash provided by operating activities from continuing operations was R$1,603.4 million in 2021, R$660.6 million lower than that of 2020 (a decrease of 29%), due to higher fuels and LPG costs. In 2020, net cash provided by operating activities from continuing operations was R$2,264.0 million, R$108.4 million lower than that of 2019 (a decrease of 5%), due to lower operating income. In 2021, 2020 and 2019, the Company paid R$420.3 million, R$356.0&#160;million and R$330.1&#160;million, respectively, in contractual assets with customers - exclusive rights.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic;">Net cash provided by</span><span style="font-style: italic;"> (used in) </span><span style="font-style: italic;">investing</span><span style="font-style: italic;"> activities</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 12pt 0pt 0pt; text-indent: 24.4pt;">In 2021, net cash provided by investing activities from continuing operations was R$882.9 million, an increase of R$2,860.5 million compared to 2020. Of this increase in net cash provided by investing activities from continuing operations, R$2,732.8 million resulted from the net redemptions of financial investments, partially offset by the investment of R$201.1&#160;million in additions to property, plant and equipment and intangible assets, net of disposals. In 2020, net cash used in investing activities from continuing operations was R$1,649.0 million, an increase of R$809.7 million as compared to 2019. Of this increase in net cash used in investing activities from continuing operations, R$972.7 million was used in financial investments net of redemptions and R$73.1 million was invested in additions to property, plant and equipment and intangible assets, net of disposals<span style="font-family: 'times new roman', times; font-size: 10pt;"><span>.&#160; These effects were partially offset by less investments in joint-ventures in the amount of R$50.3 million, R$68.0 million in initial direct costs of right-of-use assets in 2019 which didn't occur in 2020 and R$117.8 million in proceeds from disposal of property, plant and equipment.</span></span>&#160;In 2019, net cash used in investing activities from continuing operations was R$839.3 million. Of the total net cash used in investing activities from continuing operations, R$795.1 million was invested in additions to property, plant and equipment and intangible assets, net of disposals, partially offset by R$102.9 million resulted from the net redemptions of financial investments.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic;">Net cash </span><span style="font-style: italic;">provided by (</span><span style="font-style: italic;">used</span><span style="font-style: italic;"> </span><span style="font-style: italic;">in</span><span style="font-style: italic;">)</span><span style="font-style: italic;"> </span><span style="font-style: italic;">financing</span><span style="font-style: italic;"> activities&#160;</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In 2021, net cash used in financing activities from continuing operations was R$2,802.6 million, R$3,129.9 million lower than that of 2020, mainly due to higher preventive fundraising carried out in 2020 because of the pandemic in Brazil, management initiatives on indebtedness &#8212; such as paying in advance those debts with a higher cost, thus reducing the effects with loading costs &#8212;, and the higher payment of dividends in 2021, which were retained in 2020. In 2020, net cash provided by financing activities from continuing operations was R$327.4 million, R$3,007.7 million higher than that of 2019, mainly due to an increase in proceeds from new financings and lower interest payments. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Cash and cash equivalents</span></p>
<p style="margin: 6pt 0cm 0cm; text-indent: 24.4pt; line-height: normal; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size: 10.0pt; font-family: 'Times New Roman',serif; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US;">Accordingly, cash and cash equivalents totaled R$2,668.1 million, R$2,661.5 million and R$2,115.4 million as of December 31, 2021, 2020 and 2019, respectively.<b style="mso-bidi-font-weight: normal;"><span style="mso-bidi-font-style: italic;"></span></b></span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">As of December 31, 2021, we had R$4,084.2&#160;million in&#160;cash, cash equivalents and financial investments and hedging instruments whereas our consolidated debt due from January 1 to December 31, 2022 totaled R$3,605.4&#160;million, including estimated interest payments on loans.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The Company and its subsidiaries use exchange rate hedging instruments (especially between the<span style="font-style: italic;"> Real</span> and the U.S. dollar) available in the financial market to protect its assets, liabilities, receipts and disbursements in foreign currency and net investments in foreign operations. Hedging instruments are used to reduce the effects of variations in exchange rates on the Company&#8217;s income and cash flows in<span style="font-style: italic;"> Reais</span> within the exposure limits under its Policy. Such foreign exchange hedging instruments have amounts, periods, and rates substantially equivalent to those of assets, liabilities, receipts, and disbursements in foreign currencies to which they are related. For additional information regarding our funding and treasury policies, see &#8220;Item 11. Quantitative and Qualitative Disclosures About Market Risk.&#8221;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">Consolidated debt</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">As of December 31, 2021, our consolidated short and long-term debt was as follows:</span></p>
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<th style="vertical-align: bottom; height: 10px; text-align: left; border-bottom: 1pt solid #000000;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Consolidated debt</span><span style="font-family: 'times new roman', times; font-size: 8pt;">&#160;</span></th>
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<th style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">Currency</span> </span><span style="font-family: 'times new roman', times; font-size: 8pt;">&#160;</span></th>
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<th style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">Interest</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">rate</span><sup><span style="font-weight: bold; vertical-align: super;">(1)</span></sup> </span><span style="font-family: 'times new roman', times; font-size: 8pt;">&#160;</span></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></th>
<th colspan="3" style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Principal amount of</span><br/><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">outstanding</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">and</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">accrued</span></span><br/><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">interest through</span><br/><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">December</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">31,</span> </span><span style="font-family: 'times new roman', times; font-size: 8pt;">&#160;</span></th>
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<th style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><span style="font-family: 'times new roman', times; font-size: 8pt;">&#160;</span></th>
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<th style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><span style="font-family: 'times new roman', times; font-size: 8pt;">&#160;</span></th>
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<th style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><span style="font-family: 'times new roman', times; font-size: 8pt;">&#160;</span></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">202</span><span style="font-weight: bold;">1</span></span><span style="font-family: 'times new roman', times; font-size: 8pt;">&#160;</span></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">20</span><span style="font-weight: bold;">20</span> </span><span style="font-family: 'times new roman', times; font-size: 8pt;">&#160;</span></th>
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<th style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><span style="font-family: 'times new roman', times; font-size: 8pt;">&#160;</span></th>
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<th style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><span style="font-family: 'times new roman', times; font-size: 8pt;">&#160;</span></th>
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<th style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><span style="font-family: 'times new roman', times; font-size: 8pt;">&#160;</span></th>
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<th colspan="3" style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">(in</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">millions</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">of</span><span style="font-style: italic; font-weight: bold;">&#160;</span><span style="font-style: italic; font-weight: bold;">Reais</span><span style="font-weight: bold;">)</span></span></th>
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<p style="margin: 0px; break-after: avoid; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Foreign currency &#8211; denominated loans: </span></p>
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<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
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<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
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<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
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<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
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<td style="vertical-align: top; height: 17px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; width: 55%;">
<p style="margin: 0px; break-after: avoid; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Notes in the foreign market&#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160;</span></p>
</td>
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; width: 1%;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; padding-right: 0px; margin: 0px; text-indent: 0px; width: 5%;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> US$ </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; padding-right: 0px; margin: 0px; text-indent: 0px; width: 1%;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; padding-right: 0px; margin: 0px; text-indent: 0px; width: 15%;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 5.3% </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; padding-right: 0px; margin: 0px; text-indent: 0px; width: 1%;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; padding-right: 0px; margin: 0px; text-indent: 0px; width: 10%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 7,821.4 </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; padding-right: 0px; margin: 0px; text-indent: 0px; width: 1%;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; padding-right: 0px; margin: 0px; text-indent: 0px; width: 10%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 7,267.7 </span></p>
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<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Foreign loan&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; height: 10px; background-color: #cceeff; vertical-align: top; padding-right: 0px; margin: 0px; text-indent: 0px;" valign="top">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> US$ </span></p>
</td>
<td style="padding-left: 0px; height: 10px; background-color: #cceeff; vertical-align: top; padding-right: 0px; margin: 0px; text-indent: 0px;" valign="top"><br/></td>
<td style="padding-left: 0px; height: 10px; background-color: #cceeff; vertical-align: top; padding-right: 0px; margin: 0px; text-indent: 0px;" valign="top">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 4.0% </span></p>
</td>
<td style="padding-left: 0px; height: 10px; background-color: #cceeff; vertical-align: top; padding-right: 0px; margin: 0px; text-indent: 0px;" valign="top"><br/></td>
<td style="padding: 0px; text-align: right; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; vertical-align: top;" valign="top"><span style="font-family: 'times new roman', times; font-size: 10pt;">735.4</span></td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; vertical-align: top;" valign="top"></td>
<td style="padding: 0px; text-align: right; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff; vertical-align: top;" valign="top">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,047.6 </span></p>
</td>
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<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Foreign loan&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> US$ </span></p>
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<td style="padding-left: 0px; vertical-align: bottom; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="border-left: none; border-right: none;">LIBOR&#160;<sup>(2)</sup></span>&#160;+ 1.0%</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 275.9 </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 261.3 </span></p>
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<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Financial institutions&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> US$ </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="border-left: none; border-right: none;">LIBOR&#160;<span style="font-size: 8pt;"><sup>(2)</sup></span></span>&#160;+ 1.4%</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8212; </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 312.2 </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Financial institutions&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> US$ </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2.5% </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8212; </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 154.8 </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Advances on foreign exchange contracts&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> US$ </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3.7% </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8212; </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 105.6 </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="vertical-align: top; height: 19px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Financial institutions&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 19px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">MX$<span style="font-size: 8pt;"><sup>(3)</sup></span></span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 19px; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 19px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 8.4% </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 19px; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 19px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8212; </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 19px; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 19px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 39.4 </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: top; height: 10px; background-color: #cceeff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Foreign loan&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> US$ </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8212; </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8212; </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: top; height: 10px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> BNDES&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> US$ </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8212; </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8212; </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; break-after: avoid; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><span style="font-style: italic;"> Reais</span> &#8211; denominated loans: </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Debentures &#8211; CRA &#8211; 5th, 7th and 8th issuances Ipiranga&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 95.8% of DI </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,063.8 </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,037.6 </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="vertical-align: top; height: 19px; background-color: #cceeff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Debentures &#8211; CRA &#8211; 5th, 7th and 8th issuances Ipiranga&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">IPCA&#160;<span style="font-size: 8pt;"><sup>(4)</sup></span> + 4.7%</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,940.2 </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,000.8 </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Debentures &#8211; 6th issuance&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 105.3% of DI </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,764.2 </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,734.1 </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Debentures &#8211; 4th and 6th public issuances Ipiranga&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 105.0% of DI </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 771.5 </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,679.0 </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: top; height: 10px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Debentures &#8211; 2<sup>nd</sup> public issuance Ultracargo Log&#237;stica and 1st issuance Tequimar Vila do Conde&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">IPCA<span style="font-size: 8pt;"><sup> (4)</sup></span> + 4.1% </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 466.1 </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8212; </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Banco do Brasil &#8211; floating rate&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 110.9%&#160;of&#160;DI </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 204.8 </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 407.4 </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Debentures &#8211; 1st public issuance Ultracargo Log&#237;stica&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 6,5% </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 80.9 </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 92.5 </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Bank Credit Bill&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> DI + 2.0% </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 51.2 </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 50.7 </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="vertical-align: top; height: 19px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> FINEP &#8211; Research and Projects Financing&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 19px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 19px; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 19px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">TJLP <span style="font-size: 8pt;"><sup>(5)</sup></span> - 1.5%</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 19px; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 19px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 0.3 </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 19px; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 19px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 29.8 </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 19px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Promissory Notes &#8211; 2nd issuance </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ + DI </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8212; </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,038.5 </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; background-color: #cceeff; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: bottom; height: 17px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;"> Total loans&#160;&#160;&#160;&#160;</span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> 16,180.5 </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> 17,259.1 </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Unrealized losses on swaps transactions&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 197.2 </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 117.2 </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;"> Total&#160;&#160;&#160;&#160;&#160;&#160;</span>&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <span style="border-left: none; border-right: none;">16,377.6</span> </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> 17,376.2 </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td style="border-bottom: 1pt solid #000000; width: 12%;"><br/></td>
<td style="width: 88%;"><br/></td>
</tr>
</tbody>
</table>
<table style="font-size: 10pt; width: 100%; margin-left: 0.1px; height: 85px; font-family: 'times new roman';">
<tbody>
<tr style="height: 17px;">
<td style="width: 5.35569%; height: 17px; text-align: center;"><span style="font-size: 8pt;">(1)</span></td>
<td style="width: 94.6444%; height: 17px;"><span style="font-size: 8pt; text-indent: -24.4667px; float: none; display: inline !important;">Interest rate as of December 31, 2021.</span></td>
</tr>
<tr style="height: 17px;">
<td style="width: 5.35569%; height: 17px; text-align: center;"><span style="font-size: 8pt;">(2)</span></td>
<td style="width: 94.6444%; height: 17px;"><span>LIBOR</span><span style="font-size: 8pt; text-indent: -24.4667px; float: none; display: inline !important;">&#160;= London Interbank Offered Rate.</span></td>
</tr>
<tr style="height: 17px;">
<td style="width: 5.35569%; height: 17px; text-align: center;"><span style="font-size: 8pt;">(3)</span></td>
<td style="width: 94.6444%; height: 17px;"><span style="font-size: 8pt; text-indent: -24.4667px; float: none; display: inline !important;">MX$ = Mexican peso</span></td>
</tr>
<tr style="height: 17px;">
<td style="width: 5.35569%; height: 17px; text-align: center;"><span style="font-size: 8pt;">(4)</span></td>
<td style="width: 94.6444%; height: 17px;"><span style="font-size: 8pt; text-indent: -24.4667px; float: none; display: inline !important;">IPCA = Brazilian National Wide Consumer Price Index.&#160;&#160;</span></td>
</tr>
<tr style="height: 17px;">
<td style="width: 5.35569%; height: 17px; text-align: center;"><span style="font-size: 8pt;">(5)</span></td>
<td style="width: 94.6444%; height: 17px;"><span style="font-size: 8pt; text-indent: -24.4667px; float: none; display: inline !important;">TJLP (Long-Term Interest Rate) = set by the National Monetary Council, TJLP is the basic financing cost of FINEP for agreements entered into before&#160;</span><span>2020</span><span style="font-size: 8pt; text-indent: -24.4667px; float: none; display: inline !important;">. On December 31, 2021, TJLP was fixed at&#160;</span><span>5.32</span><span style="font-size: 8pt; text-indent: -24.4667px; float: none; display: inline !important;">% p.a.&#160;</span></td>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">112</span></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;Our consolidated debt as of December 31, 2021 had the following maturity schedule:</span></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
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<table cellpadding="0" style="height: 146px; border-collapse: collapse; margin-top: 0px; margin-bottom: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; margin-left: 0.1px;" width="100%">
<thead>
<tr style="height: 10px;">
<th style="vertical-align: bottom; height: 10px; text-align: left; width: 85.89%; border-bottom: 1px solid #000000;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Maturity</span><span style="font-family: 'times new roman', times; font-size: 8pt;">&#160;</span></th>
<th style="vertical-align: bottom; text-align: left; width: 0.984453%; height: 10px;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; width: 11.977%; border-bottom: 1px solid #000000;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">Amount</span> </span><span style="font-family: 'times new roman', times; font-size: 8pt;">&#160;</span></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; width: 1.06645%;"><br/></th>
</tr>
<tr style="height: 17px;">
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; width: 85.89%;"><span style="font-family: 'times new roman', times; font-size: 8pt;">&#160;</span></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; width: 0.984453%; height: 17px;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; text-align: right; height: 17px; width: 11.977%;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">(in</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">millions</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">of</span><span style="font-style: italic; font-weight: bold;">&#160;</span><span style="font-style: italic; font-weight: bold;">Reais</span><span style="font-weight: bold;">)</span></span></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; text-align: right; height: 17px; width: 1.06645%;"><br/></th>
</tr>
</thead>
<tbody>
<tr style="background-color: #cceeff; height: 17px;">
<td style="vertical-align: top; background-color: #cceeff; height: 17px; width: 85.89%;">
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> January 1, 2022 to December 31, 2022&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; width: 0.984453%; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 17px; width: 11.977%;">
<p><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; 2,866.1 </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; text-align: right; background-color: #cceeff; width: 1.06645%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px; width: 85.89%;">
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> January 1, 2023 to December 31, 2023&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; width: 0.984453%; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; text-align: right; height: 17px; width: 11.977%;">
<p><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; 3,092.7 </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; text-align: right; height: 17px; width: 1.06645%;"><br/></td>
</tr>
<tr style="background-color: #cceeff; height: 17px;">
<td style="vertical-align: top; background-color: #cceeff; height: 17px; width: 85.89%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> January 1, 2024 to December 31, 2024&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; width: 0.984453%; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 17px; width: 11.977%;">
<p><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; 774.9 </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 17px; width: 1.06645%;"><br/></td>
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<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px; width: 85.89%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> January 1, 2025 to December 31, 2025&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; width: 0.984453%; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; text-align: right; height: 17px; width: 11.977%;">
<p><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; 270.4 </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; text-align: right; height: 17px; width: 1.06645%;"><br/></td>
</tr>
<tr style="background-color: #cceeff; height: 17px;">
<td style="vertical-align: top; background-color: #cceeff; height: 17px; width: 85.89%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> January 1, 2026 to December 31, 2026&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; width: 0.984453%; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 17px; width: 11.977%;">
<p><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; 3,056.5 </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 17px; width: 1.06645%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px; width: 85.89%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2026 thereafter&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; width: 0.984453%; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; text-align: right; height: 17px; border-bottom: 1px solid #000000; width: 11.977%;">
<p><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; 6,317.0 </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; text-align: right; height: 17px; width: 1.06645%;"><br/></td>
</tr>
<tr style="background-color: #cceeff; height: 17px;">
<td style="vertical-align: top; background-color: #cceeff; height: 17px; width: 85.89%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; width: 0.984453%; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; width: 11.977%;">
<p><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <span style="border-left: none; border-right: none;">16,377.6</span> </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 17px; width: 1.06645%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">As provided in IAS 39, the transaction costs and issuance premiums associated with our fundraising are included as part of our financial liabilities. See Note 17.g to our consolidated financial statements for more information.&#160;</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultrapar contracted hedging instruments against foreign currency exchange and interest rate variations for a portion of its indebtedness. See &#8220;Item 11. Quantitative and Qualitative Disclosures about Market Risk&#8221; and Note 33 to our consolidated financial statements for more information. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">As of December 31, 2021, none of the financings are secured by collateral (R$75.3&#160;million as of December 31, 2020) but are guaranteed by corporate guarantees and promissory notes in the amount of R$14,151.5&#160;million (R$13,758.0&#160;million as of December 31, 2020). As of December 31, 2021, and 2020, the Company did not have guarantees related to raw materials imported by the subsidiary Ipiranga.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Some subsidiaries issued collateral to financial institutions in connection with the amounts owed by some of their customers to such institutions (vendor financing). If a subsidiary is required to make any payment under this collateral, this subsidiary may recover the amount paid directly from its customers through commercial collection. The maximum amount of future payments related to this collateral is R$690.3&#160;million as of December 31, 2021 with maturities of less than 49 months. As of December 31, 2021, Ultrapar did not have losses in connection with this collateral. The fair value of collaterals recognized in current liabilities as other payables was R$9.9&#160;million as of December 31, 2021, which is recognized as profit or loss as customers settle their obligations with the financial institutions.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Collateral</span><span style="font-weight: bold;"> </span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">As of December 31, 2021, Ultrapar had no debt secured by property, plant and equipment.</span></p>
<p style="margin: 18pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">Notes in the foreign market </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In October 2016, the subsidiary Ultrapar International issued notes (the &#8220;2026 notes&#8221;) in the international markets in the principal amount of US$750&#160;million, with maturity in October 2026 and interest rate of 5.25% p.a., paid semiannually. The issue price was 98.097% of the face value of the 2026 notes. The 2026 notes are guaranteed by Ultrapar and Ipiranga. In June 2019, the subsidiary Ultrapar International repurchased US$200.0&#160;million in principal amount of the 2026 notes. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In June 2019, the subsidiary Ultrapar International issued notes (the &#8220;2029 notes&#8221;) in the international market in the amount of US$500&#160;million, with maturity in June 2029 and interest rate of 5.25% p.a., paid semiannually. The issue price was 100.0% of the face value of the 2029 notes. The 2029 notes are guaranteed by Ultrapar and Ipiranga. In July 2020, Ultrapar reopened its 2029 notes issued in the international market and issued additional notes in the total amount of US$350.0 million at an interest rate of 5.25% per year with the same characteristics of the 2029 notes.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">As a result of the issuance of the 2026 notes and the 2029 notes, the Company and its subsidiaries are required to comply with certain obligations, including: </span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">restrictions on the Company, Ultrapar International and Ipiranga entering into a merger, consolidation or sale of all or substantially all of the assets of the Company and its consolidated subsidiaries; and </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">restrictions on encumbrance of assets exceeding the greater of US$150&#160;million and 15% of the Company&#8217;s consolidated net tangible assets, subject to certain exceptions. </span></li>
</ul>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">113</span></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The Company and its subsidiaries are in compliance with the levels of covenants required by the terms of these notes. The restrictions imposed on the Company and its subsidiaries are customary in transactions of this kind and have not limited their ability to conduct their business to date. </span></p>
<p style="margin: 18pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">Foreign loans </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The subsidiary Ipiranga has foreign loans in the total amount of US$175&#160;million. Ipiranga also contracted hedging instruments for floating interest rate in U.S. dollar and exchange rate variation, changing the foreign loans charge to an average cost of 104.9% of DI (see Note 33 to our consolidated financial statements). Ipiranga designated these hedging instruments as a fair value hedge; therefore, loans and hedging instruments are both measured at fair value from inception, with changes in fair value recognized through profit or loss. The foreign loans are guaranteed by Ultrapar.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The maturity of the principal amount of these loans are as follows:</span></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_USWOH69RGG00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-top: 0px; margin-bottom: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; margin-left: 0px; height: 113px;" width="100%">
<thead>
<tr style="height: 17px;">
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><span style="font-family: 'times new roman', times; font-size: 8pt;">&#160;</span></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">Amount</span> </span><span style="font-family: 'times new roman', times; font-size: 8pt;">&#160;</span></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">Cost</span> </span><span style="font-family: 'times new roman', times; font-size: 8pt;">&#160;</span></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></th>
</tr>
<tr style="height: 10px;">
<th style="vertical-align: bottom; text-align: left; height: 10px; border-bottom: 1px solid #000000;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Maturity</span><span style="font-family: 'times new roman', times; font-size: 8pt;">&#160;</span></th>
<th style="vertical-align: bottom; height: 10px;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">in</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">millions</span></span><br/><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">of</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">dollars</span> </span><span style="font-family: 'times new roman', times; font-size: 8pt;">&#160;</span></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">% of</span><br/><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">DI</span> </span><span style="font-family: 'times new roman', times; font-size: 8pt;">&#160;</span></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></th>
</tr>
</thead>
<tbody>
<tr style="background-color: #cceeff; height: 17px;">
<td style="vertical-align: top; background-color: #cceeff; height: 17px; width: 77%;">
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Charges <span style="font-size: 8pt;"><sup>(1)</sup></span>&#160; &#160; &#160; &#160; &#160; &#160;&#160;</span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 6.2 </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8212; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> June, 2022&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 50.0 </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 105.0 </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="background-color: #cceeff; height: 17px;">
<td style="vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> September, 2023&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 60.0 </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 105.0 </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> September, 2023&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 65.0 </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 104.8 </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="background-color: #cceeff; height: 18px;">
<td style="vertical-align: bottom; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total / average cost&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 18px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <span style="border-left: none; border-right: none;">181.2</span> </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 18px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><span style="border-left: none; border-right: none;">104.9</span></span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 18px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<table style="width: 100%; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; height: 17px;">
<tbody>
<tr style="height: 17px;">
<td style="border-bottom: 1pt solid #000000; height: 17px; width: 12%;"><br/></td>
<td style="height: 17px; width: 88%;"><br/></td>
</tr>
</tbody>
</table>
<table style="font-size: 10pt; width: 100%; margin-left: 0.1px; font-family: 'times new roman';">
<tbody>
<tr>
<td style="width: 4.53802%; text-align: center;"><span style="font-size: 8pt; text-align: start; text-indent: -24.4667px; float: none; display: inline !important;">(</span><span>1</span><span style="font-size: 8pt; text-align: start; text-indent: -24.4667px; float: none; display: inline !important;">)</span></td>
<td style="width: 95.462%;"><span style="font-size: 8pt; text-indent: -24.4667px; float: none; display: inline !important;">Includes interest, transaction costs, fair value adjustments and hedge initial recognition.</span></td>
</tr>
</tbody>
</table>
<p style="margin: 9pt 0pt 0pt;"><br/></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">Debentures </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In September 2021, the subsidiary Ipiranga completed its tenth issuance of unsecured, simple, nonconvertible, nominative, book-entry debentures in the amount of R$960&#160;million, in single series. The debentures were subscribed by Vert Companhia Securitizadora with the purpose of backing the issuance of Certificates of Agribusiness Receivables, or CRA. The proceeds from this issuance were used exclusively for the purchase of ethanol by subsidiary Ipiranga. The financial settlement took place on September 16, 2021. The debentures have an additional guarantee from Ultrapar and the main characteristics are as follows:</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_39XS6O70XC00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-top: 0px; margin-bottom: 0px; font-family: 'times new roman'; font-size: 10pt; margin-left: 0.1px; width: 100%;" width="100%">
<tbody>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; width: 50%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Principal Amount:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; width: 50%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$960,000,000.00 </span></p>
</td>
</tr>
<tr>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Unit Par Value:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$1,000.00 </span></p>
</td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Maturity date:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> September 15, 2028 </span></p>
</td>
</tr>
<tr>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Repayment method:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Lump&#160;sum&#160;at&#160;final&#160;maturity </span></p>
</td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> IPCA + 4.8287% </span></p>
</td>
</tr>
<tr>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Semiannually </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The subsidiary Ipiranga contracted hedging instruments subjected to IPCA variation, changing the debentures charges linked to IPCA to 102.75% of DI. Ipiranga designated these hedging instruments as fair value hedges; therefore, debentures and hedging instruments are both measured at fair value from inception, with changes in fair value recognized through profit or loss.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div>
<div id="t_ft_YP8RNJL5XC00000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">114</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In March 2021, the subsidiary Ultracargo Log&#237;stica completed its second issuance of public debentures, in a single series of 100,000 simple, nonconvertible into shares and unsecured debentures, which the main characteristics are as follows:</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_B0ZA25WWTC00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt;" width="100%">
<tbody>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff; width: 50%;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-align: justify; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Principal Amount:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; width: 50%;">
<p style="margin: 0pt 0pt 0pt 12pt; text-align: justify; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$100,000,000.00 </span></p>
</td>
</tr>
<tr>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-align: justify; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Unit Par Value:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; text-align: justify; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$1,000.00 </span></p>
</td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-align: justify; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Maturity date:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-align: justify; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> March 15, 2028 </span></p>
</td>
</tr>
<tr>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-align: justify; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Repayment method:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; text-align: justify; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Lump&#160;sum&#160;at&#160;final&#160;maturity </span></p>
</td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-align: justify; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-align: justify; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> IPCA + 4.37% </span></p>
</td>
</tr>
<tr>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-align: justify; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; text-align: justify; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Semiannually </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The subsidiary Ultracargo Log&#237;stica contracted hedging instruments subject to interest rate variation, changing the debentures fixed rate charges to 111.4% of CDI. Ultracargo Log&#237;stica designated these hedging instruments as fair value hedges; therefore, debentures and hedging instruments are both measured at fair value from inception, with changes in fair value recognized through profit or loss.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In March 2021, the subsidiary Tequimar Vila do Conde completed its first issuance of public debentures, in a single series of 360,000 simple, nonconvertible into shares and unsecured debentures, which the main characteristics are as follows:</span></p>
<p style="margin: 12pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_T3TURI9P6O00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt;" width="100%">
<tbody>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Principal Amount:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$360,000,000.00 </span></p>
</td>
</tr>
<tr>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Unit Par Value:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$1,000.00 </span></p>
</td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Maturity date:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> March 15, 2028 </span></p>
</td>
</tr>
<tr>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Repayment method:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Lump&#160;sum&#160;at&#160;final&#160;maturity </span></p>
</td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> IPCA + 4.04% </span></p>
</td>
</tr>
<tr>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Semiannually </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The subsidiary Tequimar Vila do Conde contracted hedging instruments subjected to interest rate variation, changing the debentures fixed rate charges to 111.4% of DI. Tequimar Vila do Conde designated these hedging instruments as fair value hedges; therefore, debentures and hedging instruments are both measured at fair value from inception, with changes in fair value recognized through profit or loss.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In November 2019, the subsidiary Ultracargo Log&#237;stica completed its first issuance of public debentures, in a single series of 90,000 simple, nonconvertible into shares and unsecured debentures, which the main characteristics are as follows: </span></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_BFMU1LK04W00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-top: 0px; margin-bottom: 0px; font-family: 'times new roman'; font-size: 10pt; margin-left: 0.1px; width: 100%;" width="100%">
<tbody>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff; width: 50%;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Principal Amount:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; width: 50%;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$90,000,000.00 </span></p>
</td>
</tr>
<tr>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Unit Par Value:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$1,000.00 </span></p>
</td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Maturity date:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> November 19, 2024 </span></p>
</td>
</tr>
<tr>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Repayment method:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Lump&#160;sum&#160;at&#160;final&#160;maturity </span></p>
</td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 6.47% </span></p>
</td>
</tr>
<tr>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Semiannually </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The subsidiary Ultracargo Log&#237;stica contracted hedging instruments subjected to interest rate variation, changing the debentures fixed rate charges to 99.94% of DI. Ultracargo Log&#237;stica designated these hedging instruments as fair value hedges; therefore, debentures and hedging instruments are both measured at fair value from inception, with changes in fair value recognized through profit or loss.&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div>
<div id="t_ft_MUR61GS2PC00000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">115</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In December 2018, the subsidiary Ipiranga completed its eighth issuance of unsecured, simple, nonconvertible, nominative, book-entry debentures in the amount of R$900&#160;million, in two series of R$660&#160;million and R$240&#160;million. The debentures were subscribed by Vert Companhia Securitizadora with the purpose of backing the issuance of Certificates of Agribusiness Receivables (CRA). The proceeds from this issuance were used exclusively for the purchase of ethanol by subsidiary Ipiranga. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The financial settlement occurred on December 21, 2018. The debentures have an additional guarantee from Ultrapar and the main characteristics of the debentures are as follows: </span></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_DPGAQ7SCCW00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-top: 0px; margin-bottom: 0px; font-family: 'times new roman'; font-size: 10pt; margin-left: 0.1px; width: 100%;" width="100%">
<tbody>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff; width: 50%;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Principal Amount:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; width: 50%;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$660,000,000.00 </span></p>
</td>
</tr>
<tr>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Unit Par Value:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$1,000.00 </span></p>
</td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Maturity date:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> December 18, 2023 </span></p>
</td>
</tr>
<tr>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Repayment method:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Lump&#160;sum&#160;at&#160;final&#160;maturity </span></p>
</td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 97.5% of DI </span></p>
</td>
</tr>
<tr>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Semiannually </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_5ZF1B6LSM800000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-top: 0px; margin-bottom: 0px; font-family: 'times new roman'; font-size: 10pt; margin-left: 0.1px; width: 100%;" width="100%">
<tbody>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff; width: 50%;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Principal Amount:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; width: 50%;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$240,000,000.00 </span></p>
</td>
</tr>
<tr>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Unit Par Value:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$1,000.00 </span></p>
</td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Maturity date:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> December 15, 2025 </span></p>
</td>
</tr>
<tr>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Repayment method:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Lump&#160;sum&#160;at&#160;final&#160;maturity </span></p>
</td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> IPCA + 4.61% </span></p>
</td>
</tr>
<tr>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Annually </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The subsidiary Ipiranga contracted hedging instruments subjected to IPCA variation, changing the debentures charges linked to IPCA to 97.1% of DI. Ipiranga designated these hedging instruments as fair value hedges; therefore, debentures and hedging instruments are both measured at fair value from inception, with changes in fair value recognized through profit or loss. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In March 2018, Ultrapar completed its sixth issuance of unsecured simple, nonconvertible, nominative, book-entry debentures, in a single series of 1,725,000 simple, and their main characteristics are as follows: </span></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_G6USB047G000000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-top: 0px; margin-bottom: 0px; font-family: 'times new roman'; font-size: 10pt; margin-left: 0.1px; width: 100%;" width="100%">
<tbody>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff; width: 50%;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Principal Amount:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; width: 50%;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$1,725,000,000.00 </span></p>
</td>
</tr>
<tr>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Unit Par Value:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$1,000.00 </span></p>
</td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Maturity date:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> March 5, 2023 </span></p>
</td>
</tr>
<tr>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Repayment method:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Lump&#160;sum&#160;at&#160;final&#160;maturity </span></p>
</td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 105.25% of DI </span></p>
</td>
</tr>
<tr>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Semiannually </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In October 2017, the subsidiary Ipiranga completed its seventh issuance of simple, nonconvertible, unsecured, book-entry debentures in the amount of R$944.1&#160;million, in two series of R$730.4&#160;million and R$213.7&#160;million. These debentures were subscribed by Vert Companhia Securitizadora with the purpose of backing the issuance of Certificates of Agribusiness Receivables (CRA). The proceeds from this issuance were used exclusively for the purchase of ethanol by subsidiary Ipiranga. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The financial settlement occurred on November 1, 2017. The debentures have an additional guarantee from Ultrapar and the main characteristics of the debentures are as follows: </span></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_GB38N9HIBK00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-top: 0px; margin-bottom: 0px; font-family: 'times new roman'; font-size: 10pt; margin-left: 0.1px; width: 100%;" width="100%">
<tbody>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff; width: 50%;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Principal Amount:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; width: 50%;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$730,384,000.00 </span></p>
</td>
</tr>
<tr>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Unit Par Value:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$1,000.00 </span></p>
</td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Maturity date:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> October 24, 2022 </span></p>
</td>
</tr>
<tr>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Repayment method:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Lump&#160;sum&#160;at&#160;final&#160;maturity </span></p>
</td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 95.0% of DI </span></p>
</td>
</tr>
<tr>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Semiannually </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<div>
<div id="t_ft_6I1HT5J3BK00000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">116</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 0pt; page-break-after: avoid;"><br/></p>
<div id="t_ft_DQ65VLYW1C00000000000000000000b">
<table cellpadding="0" style="height: 102px; border-collapse: collapse; margin-top: 0px; margin-bottom: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; margin-left: 0.1px;" width="100%">
<tbody>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 50%;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Principal Amount:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 50%;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$213,693,000.00 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Unit Par Value:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$1,000.00 </span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Maturity date:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> October 24, 2024 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Repayment method:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Lump&#160;sum&#160;at&#160;final&#160;maturity </span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> IPCA + 4.34% </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Annually </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The subsidiary Ipiranga contracted interest rate hedging instruments, with the effect of changing the interest rate applicable to the debentures from IPCA + 4.34% to 97.3% of DI. Ipiranga designated these hedging instruments as fair value hedges; therefore, debentures and hedging instruments are both measured at fair value from inception, with changes in fair value recognized through profit or loss. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In July 2017, the subsidiary Ipiranga completed its sixth issuance of public debentures, in one single series of 1,500,000 simple, nonconvertible into shares and unsecured debentures, which main characteristics are as follows:&#160;</span></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_DY04UANH3400000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-top: 0px; margin-bottom: 0px; font-family: 'times new roman'; font-size: 10pt; margin-left: 0.1px; width: 100%;" width="100%">
<tbody>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; width: 50%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Principal Amount:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; width: 50%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$1,500,000,000.00 </span></p>
</td>
</tr>
<tr>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Unit Par Value:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$1,000.00 </span></p>
</td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Maturity date:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> July 28, 2022 </span></p>
</td>
</tr>
<tr>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Repayment method:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Amortizing&#160;annually,&#160;beginning&#160;in&#160;July 2021 </span></p>
</td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 105.0% of DI </span></p>
</td>
</tr>
<tr>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Annually </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In April 2017, the subsidiary Ipiranga carried out its fifth issuance of debentures, in two series of 660,139 and 352,361, simple, nonconvertible into shares, nominative, book-entry and unsecured debentures. The proceeds from this issuance were used exclusively for the purchase of ethanol by subsidiary Ipiranga.&#160;</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The debentures have an additional guarantee from Ultrapar and the main characteristics of the debentures are as follows:&#160;</span></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_Q7GDZGNJSW00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-top: 0px; margin-bottom: 0px; font-family: 'times new roman'; font-size: 10pt; margin-left: 0.1px; width: 100%;" width="100%">
<tbody>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff; width: 50%;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Principal Amount:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; width: 50%;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$660,139,000.00 </span></p>
</td>
</tr>
<tr>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Unit Par Value:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$1,000.00 </span></p>
</td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Maturity date:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> April 18, 2022 </span></p>
</td>
</tr>
<tr>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Repayment method:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Lump&#160;sum&#160;at&#160;final&#160;maturity </span></p>
</td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 95.0% of DI </span></p>
</td>
</tr>
<tr>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Semiannually </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_ZSMG35XHB400000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-top: 0px; margin-bottom: 0px; font-family: 'times new roman'; font-size: 10pt; margin-left: 0.1px; width: 100%;" width="100%">
<tbody>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff; width: 50%;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Principal Amount:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; width: 50%;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$352,361,000.00 </span></p>
</td>
</tr>
<tr>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Unit Par Value:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$1,000.00 </span></p>
</td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Maturity date:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> April 15, 2024 </span></p>
</td>
</tr>
<tr>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Repayment method:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Lump&#160;sum&#160;at&#160;final&#160;maturity </span></p>
</td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> IPCA + 4.68% </span></p>
</td>
</tr>
<tr>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Annually </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div>
<div id="t_ft_OR9E2AKQM800000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">117</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The subsidiary Ipiranga entered into interest rate hedging instruments, with the effect of changing the interest rate applicable to the debentures from IPCA to 93.9% of DI. Ipiranga designated these hedging instruments as fair value hedges; therefore, debentures and hedging instruments are both measured at fair value from inception, with changes in fair value recognized through profit or loss. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In May 2016, the subsidiary Ipiranga completed its fourth issuance of public debentures, in a single series of 500 simple, nonconvertible into shares, nominative, book-entry and unsecured debentures, with an additional guarantee granted by Ultrapar, and its main characteristics are as follows:&#160;</span></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_Y6WKD0ZRGG00000000000000000000b">
<table cellpadding="0" style="height: 102px; border-collapse: collapse; margin-top: 0px; margin-bottom: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; margin-left: 0.1px;" width="100%">
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<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Principal Amount:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
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<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$500,000,000.00 </span></p>
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<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Unit Par Value:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
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<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$1,000,000.00 </span></p>
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<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Maturity date:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
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<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> May 25, 2021 </span></p>
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<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Repayment method:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
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<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Amortizing&#160;annually,&#160;beginning&#160;in&#160;May 2019 </span></p>
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<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
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<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 105.0% of DI </span></p>
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<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
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<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Semiannually </span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The proceeds of this issuance were used exclusively in the purchase of ethanol by the subsidiary Ipiranga. The subsidiary has the obligation to prove the allocation of the resources within 12 months from subscription.</span></p>
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<p style="margin: 10pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">BNDES </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The subsidiaries had financings from BNDES for some of their investments and for working capital. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The subsidiaries paid off in advance the total outstanding amount of such loans in 2020.</span></p>
<p style="margin: 18pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Financial institutions </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">As of</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">December </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2021, the subsidiary </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">a</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">bastece </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">a</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#237; ha</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">d</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> short-term loans in the amount of </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">R</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">4</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">6 </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">In addition,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">former </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">subsidiary Oxiteno </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">M</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#233;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">xico </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">S</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">A</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> de C</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">V</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">had a</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> loan</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">in the amount</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">of US$20</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> million</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">with maturity</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">in April 2022</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> and</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Oxiteno Uruguay </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">had loans with different maturity dates ranging from</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> October 2021 </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">to</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">July 2022.</span><span style="font-family: 'Times New Roman'; font-size: 12pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">As of December 31, 2021, the </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">outstanding </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">balance of</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> the loans</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">contracted by Oxiteno M&#233;xico S.A. de C.V and Oxiteno Uruguay totaled </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">R$163</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">5 million</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">118</span></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">In 2020, Oxiteno USA contracted a lo</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">an, wh</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">ich was fully paid on its maturity in September 2021.</span></p>
<p style="margin: 18pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Banco do Brasil</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;"> </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The subsidiary I</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">piranga</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> has floating rate loans with Banco do Brasil in the amount of R$204.8 million </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">as of</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> December 31, 2021</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span></p>
<p style="margin: 10pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Investments </span></p>
<p style="margin: 6pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Equity investments</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;"> </span></p>
<p style="margin: 6pt 0pt 0pt; page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Equity investments consist of capital increases, joint-ventures and associates. The table below shows our equity investments for the years ended December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, 2</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">020</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> and 201</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">9</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">: </span></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 12pt;">&#160;</span></p>
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<th style="padding-left: 7.2pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px;" colspan="5"><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Year</span><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;</span><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">ended</span><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;</span><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">December</span><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;</span><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">31,</span></th>
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<th style="padding-left: 7.2pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px;"><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">202</span><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">1</span></th>
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<th style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;"><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">20</span><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">20</span></th>
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<th style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;"><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">201</span><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">9</span></th>
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<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">(in millions of </span><span style="font-family: 'Times New Roman'; font-size: 8pt; font-style: italic; font-weight: bold;">Reais</span><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">)</span></p>
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<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ultragaz</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span></p>
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<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ultracargo</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160; &#160; &#160; &#160;&#160;</span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160; &#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span></p>
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<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Oxiteno</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
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<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span></p>
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<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160; &#160; &#160; &#160; &#160; &#160; &#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span></p>
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<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span></p>
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<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
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<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ipiranga&#160;<span style="font-size: 8pt;"><sup>(1)</sup></span></span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160;</span></p>
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<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">2</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">5</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">7</span></p>
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<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">28</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">8</span></p>
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<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">79</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.1</span></p>
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<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Extrafarma</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
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<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span></p>
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<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span></p>
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<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span></p>
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<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">abastece a&#237;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
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<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span></p>
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<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span></p>
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<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span></p>
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<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Others</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span></p>
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<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span></p>
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<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span></p>
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<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total equity </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">investments</span><span style="font-family: 'Times New Roman'; font-size: 5.67pt; font-weight: bold; vertical-align: super;">&#160;<span style="font-size: 8pt;">(2)</span></span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"><span style="font-size: 8pt;">&#160;</span> &#160; &#160; &#160; &#160; &#160; &#160;&#160;</span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">5</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">7</span></p>
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<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">28</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">8</span></p>
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<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">79</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">1</span></p>
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<table style="width: 100%; margin-left: 0.1px; height: 34px; font-family: 'times new roman'; font-size: 10pt;">
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<td style="width: 5%; text-align: center; height: 17px;">
<p><span style="font-size: 8pt;">(1)</span></p>
</td>
<td style="width: 95%; height: 17px;"><span style="font-size: 8pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Capital invested in ConectCar and in the concessions&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">acquired</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">in 2019.</span></span></td>
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<td style="text-align: center; height: 17px;"><span style="font-size: 8pt;">(2)</span></td>
<td style="height: 17px;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Equity investments consist of acquisition of subsidiaries and capital increases, net of capital reductions in joint-ventures and associates.</span></td>
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<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;"><br/></span></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Investments </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The following table shows our total additions to property, plant, equipment, and intangible assets for the years ended December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, 20</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">20</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> and 201</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">9</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">:&#160;</span></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 12pt;">&#160;</span></p>
<table cellpadding="0" style="height: 124px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px; margin-left: 0.1px;" width="100%">
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<td style="vertical-align: top; height: 17px; border-bottom-width: 1px; width: 66.8847%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; text-align: center; border-bottom: 1px solid #000000; width: 31.9706%;" colspan="5"><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Year</span><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;</span><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">ended</span><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;</span><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">December</span><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;</span><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">31,</span></td>
<td style="padding: 0px; vertical-align: bottom; text-align: center; width: 1.06296%;"><br/></td>
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<td style="vertical-align: top; height: 17px; border-bottom-width: 1px; width: 66.8847%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; text-align: center; border-bottom: 1px solid #000000; width: 9.97547%;"><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">202</span><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">1</span><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: center; height: 17px; width: 1.06296%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; text-align: center; border-bottom: 1px solid #000000; width: 9.97547%;"><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">20</span><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">20</span></td>
<td style="padding: 0px; vertical-align: bottom; text-align: center; height: 17px; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; text-align: center; border-bottom: 1px solid #000000; width: 9.97547%;"><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">201</span><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">9</span></td>
<td style="padding: 0px; vertical-align: bottom; text-align: center; width: 1.06296%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: top; height: 10px; border-bottom-width: 1px; width: 66.8847%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; text-align: center; border-bottom-width: 1px; width: 31.9706%;" colspan="5"><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">(in millions of<span>&#160;</span></span><span style="color: #000000; font-size: 8pt; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-style: italic;">Reais</span><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">)</span></td>
<td style="padding: 0px; vertical-align: bottom; text-align: center; width: 1.06296%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: top; height: 10px; border-bottom-width: 1px; padding: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 66.8847%;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ultragaz</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom-width: 1px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">333.4</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.06296%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom-width: 1px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">277.6</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom-width: 1px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">227.5</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.06296%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: top; height: 10px; padding: 0px; margin: 0px; text-indent: 0px; width: 66.8847%;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ultracargo</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 9.97547%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">313.9</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 1.06296%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 9.97547%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">214.8</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 9.97547%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">206.4</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1.06296%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: top; height: 10px; padding: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 66.8847%;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Oxiteno</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">286.8</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.06296%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">201.6</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">248.6</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.06296%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: top; height: 10px; padding: 0px; margin: 0px; text-indent: 0px; width: 66.8847%;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ipiranga</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 9.97547%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">393.3</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 1.06296%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 9.97547%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">210.1</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 9.97547%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">341.1</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1.06296%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: top; height: 10px; padding: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 66.8847%;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Extrafarma</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">36.4</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.06296%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">38.8</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">89.1</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.06296%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: top; height: 10px; padding: 0px; margin: 0px; text-indent: 0px; width: 66.8847%;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">abastece a&#237;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 9.97547%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">35.5</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 1.06296%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 9.97547%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">15.4</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 9.97547%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1.06296%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: top; height: 10px; padding: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 66.8847%;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Others</span><span style="font-family: 'Times New Roman'; font-size: 5.67pt; vertical-align: super;">(1)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 9.97547%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">27.1</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.06296%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 9.97547%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">32.4</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 9.97547%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">20.2</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.06296%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: bottom; height: 10px; padding: 0px; margin: 0px; text-indent: 0px; width: 66.8847%;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total &#8211; additions to property, plant, equipment and intangible assets</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; border-bottom: 2.8pt double #000000; width: 9.97547%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">1,426.3</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 1.06296%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; border-bottom: 2.8pt double #000000; width: 9.97547%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">990.8</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; border-bottom: 2.8pt double #000000; width: 9.97547%;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">1,132.8</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1.06296%;"><br/></td>
</tr>
</tbody>
</table>
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td style="border-bottom: 1pt solid #000000; width: 10%;"><br/></td>
<td style="width: 90%;"><br/></td>
</tr>
</tbody>
</table>
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td style="width: 5%; text-align: center;"><span style="font-size: 8pt;">(1)</span></td>
<td style="width: 95%;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Includes mainly capital expenditures related to corporate information technology.</span></td>
</tr>
</tbody>
</table>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ultrapar&#8217;s investment plan for 2021 totaled R$1,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">891</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million and was indicative of the Company&#8217;s commitment to the sustainable growth of its businesses and selectivity in capital allocation.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">In 2021, Ultrapar&#8217;s allocation of resources net of divestments and receipts were R$1,88</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">4</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">119</span></td>
</tr>
</tbody>
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<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ultragaz had R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">354</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million allocated mainly to </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">equipment installed in new customers in the bulk segment, to the new plants in Bel&#233;m</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, in the </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">state of Par&#225;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> and Fortaleza</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, in the </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">state of Cear&#225;, to the acquisition and replacement of bottles, in addition to security and information technology projects</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">. </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ultracargo had R$358</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million allocated to the construction of the new terminal in Vila do Conde</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, in the </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">state of Par&#225;, to </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">the phase 3 </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">expansion of the Itaqui terminal and projects for efficiency gains, maintenance and operational safety of the terminals.</span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Oxiteno had R$2</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">87</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million allocated mainly to </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">the </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">maintenance and safety of the productive units. </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ipiranga had R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">807</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million allocated </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">to the expansion and maintenance of Ipiranga&#8217;s service stations franchise network, besides logistics infrastructure</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Out of the total investments, R$418 million refers to fixed and intangible assets and R$420 million to contractual assets with customers (exclusive rights). These amounts were reduced by the receipt of R$32 million installments from sale of real estate assets, net of financings offered to customers.</span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Extrafarma had R$3</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">6</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million allocated mainly to </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">information technology projects and maintenance and improvements in stores.</span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">abastece a&#237; had R$3</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">5</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> million allocated mainly to the development of the app with new products and functions enhancing the experiences to the customers.</span></li>
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<p style="margin: 18pt 0pt 0pt 24.5pt; page-break-after: avoid; text-indent: -24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">C.</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Research and Development, Trademarks and Patents </span></p>
<p style="margin: 6pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Research and Development </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">While operated by us, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Oxiteno carrie</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">d out</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> a wide range of research and development activities, mainly related to the application of specialty chemicals and improvement in production processes. As of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 2021, 169 employees of Oxiteno were engaged in research and development and engineering activities. Oxiteno&#8217;s research and development expenditures in 2021, 2020 and 2019 were R$62 million, R$60 million and R$60</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million, respectively.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Oxiteno&#8217;s investments in research and development have resulted in the introduction of 170 new products during the last three years.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Trademarks and Patents </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ipiranga owns registrations for the trademarks used in its distribution business, such as Ipiranga, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">AmPm, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Jet Oil, </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Clube</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> VIP Ipiranga, </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Clube do Milh&#227;o</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Ipiranga, Posto 24 horas, Atlantic, </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Gasolina Original</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Ipiranga (Original Ipiranga Gasoline), &#8220;AmPm Esta&#231;&#227;o&#8221;, among several others. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">The 10-year period of validity of the registrations for these trademarks will expire between 202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> and 203</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The other Company&#8217;s subsidiaries also own registrations and applications for its main trademarks, such as (i)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ultragaz, Ultragaz Ultrasystem and Brasilg&#225;s trademarks for the activities of Ultragaz, (ii)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ultracargo and Ultradata for the activities of Ultracargo, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">and </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">(iii) </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Quil&#244;metros de Vantagens Ipiranga</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (&#8220;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Km de Vantagens</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8221;) and &#8220;abastece a&#237;&#8221; for the activities of abastece a&#237;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">. The 10-year period of validity of the registrations for these trademarks will expire between 202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> and 203</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">As of December 31, 2021, we also owned registration and applications for the following trademarks in connection with our discontinued operations: </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">(i)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Extrafarma and </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Clube Extrafarma</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> trademarks for the activities of Extrafarma</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> and (ii) Oxiteno for the activities of Oxiteno. </span></p>
<p style="margin: 18pt 0pt 0pt 24.5pt; page-break-after: avoid; text-indent: -24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">D. </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160; &#160; &#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Trend Information</span></p>
<p style="margin: 18pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Continuing Operations</span></p>
<p style="margin: 18pt 0pt 0pt 24.5pt; page-break-after: avoid; text-indent: -24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">LPG business </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">In June 2017, departing from prior practices, the price dynamic for LPG supplied by the distributors was modified to reflect international price volatility and exchange rate variation.</span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">For residential use, the price dynamic for LPG acquisition was adjusted at the refineries in January 2018 to soften the transfer of price volatility in the international market to the domestic price. The period for verification of international prices and currency rates which dictate the percentages of price adjustment was the average of the preceding twelve months and no longer the monthly variation and price movement became quarterly and not monthly.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">In August 2019, the pricing policy for residential use was terminated. There is now no formal policy for LPG prices for commercial, industrial and residential usage. See &#8220;Item 4.B. Information on the Company&#8212;Business Overview&#8212;Distribution of Liquefied Petroleum Gas&#8212; Industry and Regulatory Overview&#8212;The role of the Brazilian government</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.&#8221;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Until November 2019, Petrobras had different prices for LPG for residential use and for commercial and industrial uses. In November 2019, Petrobras started charging the same price for all LPG segments, ending price differentiation.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Any sharp fluctuation in LPG prices charged to LPG distributors can have an impact on Ultragaz&#8217;s results if it is unable to maintain its operational margins or sales volume. LPG bulk sales are correlated to economic growth. Thus, an acceleration or deceleration in Brazilian GDP growth can affect our sales volume, since the segment represented approximately 30% of the volume sold by Ultragaz. Bottled LPG is an essential good and, therefore, it has a relatively low correlation with economic performance. For more information on LPG prices see &#8220;Item 4.B. Information on the Company&#8212;Business Overview&#8212;Distribution of Liquefied Petroleum Gas&#8212;Ultragaz&#8212;Prices of LPG</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.&#8221;</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">At the beginning of the COVID-19 pandemic, LPG prices fell following oil prices. But, in April 2020 and May 2020, international prices rebounded as a result of the subsequent increase in demand, particularly in Asia. On the second semester of 2020, LPG prices in the world moved along with the seasonal trend, but since December 2020, many factors contributed to increased prices, such as the severe winter conditions noticed in the northern hemisphere, increased demand in Chinese petrochemical industry and the OPEC production agreement.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">In 2021, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">the exchange rate (R$/US$)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> in Brazil remained mostly at the same level of the beginning of the year, between R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">5</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">40 and R$5</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">60</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, s</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">o the volatility observed </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">during 2021</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> can be attributed mainly to international LPG prices. In the first quarter, international prices fell, following the seasonality of the product. Aft</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">er that, just like most commodities prices world</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">wide</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, LPG prices increased to the highest levels since 2014. Petrobras followed that trend</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> and</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">adjusted LPG prices several times in 2021,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> the last</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">of which happened in October</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">In 2022, the</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> conflict between Russia and Ukraine </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">has been increasing</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> volatility </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">in</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> oil prices with a direct impact </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">on</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> LPG international prices. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">As a result, Petrobras announced a new adjustment to the LPG price on March 10, 2022. Further increases</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> in the raw material prices could impact </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">the </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">LPG consumption for residential use in 2022.</span></p>
<p style="margin: 12pt 0pt 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160; &#160; &#160; &#160; &#160;&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Fuel distribution business </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">In the recent past, the combined sales of gasoline, ethanol and NGV (Otto cycle) in Brazil have been correlated mainly with the growth of the light vehicle fleet. According to ANFAVEA, in 2021, the light vehicle fleet registered </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">approximately</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2.0 million new licensed vehicles in Brazil, and 1% increase in the average fleet compared to 2020, reaching almost </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">44</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> million light vehicles. In addition, we believe that the current proportion of inhabitants per vehicle in Brazil is still low when compared to the rate observed in countries with a similar level of development.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">According to information from the ANP, in 2021, the national volume of Otto cycle sold increased by 2%, following the increase in the light vehicle fleet. Diesel sales, which in 2021 represented 53% of the volume sold by Ipiranga, have historically been correlated with Brazilian economic performance, especially in the agricultural and consumer goods segments. In 2021, the Brazilian diesel market, according to ANP data, increased by 8% compared to 2020. The increase in fuel consumption may have a positive effect on the future volume sold by the Company and on its results.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">In 2022, the conflict between Ukraine and Russia has been causing increased volatility in oil prices with a direct impact on both diesel and gasoline prices. As a result of this volatility fuel supply chains could be affected.</span></p>
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<p style="margin: 18pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Digital payments business&#160;</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The banking sector in Brazil has extremely complex and bureaucratic process to open new accounts. We believe that in Brazil there is a considerable number of people still unbanked and a large quantity of active smartphones. These two factors represent an opportunity to digital wallets.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">In 2020, the Central Bank of Brazil announced a new instant payment system with potential to completely transform the country's payment industry, allowing transaction at any time, reducing costs and eliminating intermediaries in the transfer and payment process.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> In November, 2020, the PIX was launched and its utilization has been growing significantly since then. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">In 2021 we continu</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">ed</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> expanding our digital</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> payment</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">s</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> business, with our digital </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">wallet reaching more than 4 million </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">customers</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">In 2022, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">we </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">expect</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> limited spillover of the </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">political uncertainties and </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">fuels</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> pricing</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> on abastece a&#237; and Km de Vantagens businesses.</span></p>
<p style="margin: 12pt 0pt 6pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Discontinued Operations</span></p>
<p style="margin: 6pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Retail pharmacy business</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Retail pharmacy is a relevant market in Brazil and during the last years has presented significant growth. According to ABRAFARMA, the revenues of its member companies grew by 16% in 2021 compared to 2020. We believe the sector has potential for continued growth, mainly due to:</span></p>
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<td style="height: 10px; width: 3%; vertical-align: top; padding: 0px;" valign="top"><span style="font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -32.6667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">(i)</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -32.6667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;</span></span><br/></td>
<td style="height: 10px; width: 94%; vertical-align: top; padding: 0px;" valign="top"><span style="font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -32.6667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Brazilian aging population &#8211; the estimated Brazilian population over 60 years, which is responsible for the largest part of the consumption of medicines, is estimated at 31</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -32.6667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -32.6667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">million people and is expected to reach 42</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -32.6667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -32.6667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">million people in 2030, an average growth of 3% per year, according to IBGE data;</span></span></td>
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<td style="height: 10px; vertical-align: top; padding: 0px;" valign="top"><br/></td>
<td style="height: 10px; vertical-align: top; padding: 0px;" valign="top"><span style="font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -32.6667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">(ii)</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -32.6667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;&#160;</span></span></td>
<td style="height: 10px; vertical-align: top; padding: 0px;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -32.6667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">greater access to medicines, especially due to the growing prominence of generic drugs, which are cheaper than the reference branded medicine;</span></td>
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<td style="height: 17px; vertical-align: top; padding: 0px;" valign="top"><br/></td>
<td style="height: 17px; vertical-align: top; padding: 0px;" valign="top"><span style="font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -32.6667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">(iii)</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -32.6667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;</span></span></td>
<td style="height: 17px; vertical-align: top; padding: 0px;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -32.6667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">and the growing sale of personal care and beauty products through the drugstore channel.</span></td>
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<span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span>
<p style="margin: 6pt 0pt 0pt; text-indent: 30.55pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">On </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">May 18, 2021, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">we entered into </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">a</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> share purchase and sale</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> agreement for the sale of </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">all </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">shares </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">of Extrafarma</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> to Pague Menos</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">We expect such transaction </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">to </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">be closed during 2022. Following the consummation of this transaction, we will no</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> longer operate </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">any</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">retail pharmacy </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">busines</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">s</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> and, as a result, our business</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">es</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> and operations </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">will</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> no longer</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> be</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> subject to </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">the </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">t</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">rends</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> of th</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">is</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> industr</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">y</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">For more information, see &#8220;Item 4.A. Information on the Company&#8212;History and Development of the Company</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">A.2 Discontinued Operations</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Extrafarma</span><span style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin: 6pt 0pt 0pt; text-indent: 30.55pt;">&#8221;<span style="font-size: 10pt; line-height: 107%; font-family: &quot;times new roman&quot;, times;"> and &#8220;Item 4.A. Information on the Company&#8212;History and Development of the Company&#8212;Recent Developments&#8212;Investitures and Divestitures.&#8221; </span></span></p>
<p style="margin: 18pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Chemical and petrochemical business</span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 30.55pt;"><span><span style="font-family: 'Times New Roman'; font-size: 10pt; margin: 6pt 0pt 0pt; text-indent: 30.55pt;">As of December 31, 2021, we conducted petrochemical and chemical activities through our then-wholly owned subsidiary, Oxiteno. On April </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, 2022, we </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">co</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">ncluded</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">the sale of all shares</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> of</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Oxiteno</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> to Indorama Ventures PLC</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, pursuant to the share purchase and sale agreement dated </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">August 16, 2021</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">. As a result of our sale of Oxiteno, we have classified our related line of business as a discontinued operation. As of the date hereof, we no longer operate in the chemical and petrochemical businesses and, as a result, our business</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">es</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> and operations are no longer subject to the trends of these industries. For more information, see &#8220;Item 4.A. Information on the Company&#8212;History and Development of the Company</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">A.2 Discontinued Operations</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Oxiteno</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.&#8221;</span></span></p>
<p style="margin: 18pt 0pt 0pt 24.5pt; page-break-after: avoid; text-indent: -24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">E</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160;&#160;&#160;&#160;&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Critical Accounting Estimates</span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Our financial statements are presented in IFRS as issued by the IASB. For summary information see Note 2 to our consolidated financial statements.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">122</span></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<div style="margin: 10pt 0pt 0pt 24.5pt; page-break-after: avoid; text-indent: -24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">ITEM</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">6.</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" id="BH_8SYX26GTDC00000000000000000000" class="customBookmark"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">DIRECTORS, SENIOR MANAGEMENT AND EMPLOYEES </span></a></div>
<p style="margin: 6pt 0pt 0pt 24.5pt; page-break-after: avoid; text-indent: -24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">A.</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160; &#160; &#160;&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Directors and Senior Management </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The following table lists the members of our Board of Directors and senior management as of the date of this annual report</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">:</span><span style="font-family: 'Times New Roman'; font-size: 12pt;">&#160;</span></p>
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<td style="height: 10px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; text-align: left;" valign="bottom"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Name</span></td>
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<td style="padding: 0px; height: 10px; text-align: center; margin: 0px; text-indent: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;" valign="bottom"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Position</span></td>
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<td style="padding: 0px; height: 10px; text-align: center; margin: 0px; text-indent: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;" valign="bottom"><span style="font-size: 8pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Years</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">with</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">the</span></span><br/><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 8pt;">Company</span></td>
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<td style="padding: 0px; height: 10px; text-align: center; margin: 0px; text-indent: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;" valign="bottom"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Age</span></td>
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<p style="margin: 0px; break-after: avoid; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Board of Directors</span></p>
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<p style="margin: 0px; break-after: avoid; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Pedro Wongtschowski</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
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<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Chairman</span></p>
</td>
<td style="padding-left: 0px; vertical-align: top; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: top; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">4</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">5</span></p>
</td>
<td style="padding-left: 0px; vertical-align: top; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: top; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">7</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">6</span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: top; height: 10px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Frederico Pinheiro Fleury Curado<span style="font-size: 8pt;"><sup>(1)</sup></span></span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160; &#160;&#160;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: top; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: top; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Vice-Chairman</span></p>
</td>
<td style="padding-left: 0px; vertical-align: top; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: top; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">4</span></p>
</td>
<td style="padding-left: 0px; vertical-align: top; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: top; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">60</span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: top; height: 10px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Alexandre Teixeira de Assump&#231;&#227;o Saigh</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 0px; vertical-align: top; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: top; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Director</span></p>
</td>
<td style="padding-left: 0px; vertical-align: top; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: top; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span></p>
</td>
<td style="padding-left: 0px; vertical-align: top; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: top; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">5</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">4</span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: top; height: 10px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px; text-align: left;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ana Paula Vitali Janes Vescovi</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 0px; vertical-align: top; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: top; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Director</span></p>
</td>
<td style="padding-left: 0px; vertical-align: top; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: top; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">3</span></p>
</td>
<td style="padding-left: 0px; vertical-align: top; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: top; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">5</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">3</span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: top; height: 10px; padding: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Fl&#225;via Buarque de Almeida</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 0px; vertical-align: top; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: top; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Director</span></p>
</td>
<td style="padding-left: 0px; vertical-align: top; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: top; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">3</span></p>
</td>
<td style="padding-left: 0px; vertical-align: top; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: top; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">5</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">4</span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: top; height: 10px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px; text-align: left;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Jorge Marques de Toledo Camargo</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 0px; vertical-align: top; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: top; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Director</span></p>
</td>
<td style="padding-left: 0px; vertical-align: top; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: top; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">7</span></p>
</td>
<td style="padding-left: 0px; vertical-align: top; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: top; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">6</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">8</span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: top; height: 10px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Jos&#233; Gall&#243;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 0px; vertical-align: top; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: top; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Director</span></p>
</td>
<td style="padding-left: 0px; vertical-align: top; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: top; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">3</span></p>
</td>
<td style="padding-left: 0px; vertical-align: top; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: top; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">70</span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: top; height: 10px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Jos&#233; </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Luiz Alqu&#233;res<span style="font-size: 8pt;"><sup>(2)</sup></span></span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160; &#160; &#160; &#160; &#160;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: top; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: top; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Director</span></p>
</td>
<td style="padding-left: 0px; vertical-align: top; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: top; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span></p>
</td>
<td style="padding-left: 0px; vertical-align: top; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: top; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">7</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">8</span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: top; height: 10px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Jos&#233; Maur&#237;cio Pereira Coelho</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 0px; vertical-align: top; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: top; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Director</span></p>
</td>
<td style="padding-left: 0px; vertical-align: top; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: top; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">7</span></p>
</td>
<td style="padding-left: 0px; vertical-align: top; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: top; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">5</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">5</span></p>
</td>
</tr>
<tr style="height: 21px;">
<td style="vertical-align: top; height: 21px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ot&#225;vio Lopes Castello Branco Neto</span><span style="font-family: 'Times New Roman'; font-size: 5.67pt; vertical-align: super;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8.88889px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(2)</span></span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160; &#160; &#160; &#160;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: top; padding-right: 0px; margin: 0px; text-indent: 0px; height: 21px;"><br/></td>
<td style="padding-left: 0px; vertical-align: top; height: 21px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Director</span></p>
</td>
<td style="padding-left: 0px; vertical-align: top; padding-right: 0px; margin: 0px; text-indent: 0px; height: 21px;"><br/></td>
<td style="padding-left: 0px; vertical-align: top; height: 21px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span></p>
</td>
<td style="padding-left: 0px; vertical-align: top; padding-right: 0px; margin: 0px; text-indent: 0px; height: 21px;"><br/></td>
<td style="padding-left: 0px; vertical-align: top; height: 21px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">6</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">3</span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: top; height: 10px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Executive Officers</span></p>
</td>
<td style="padding-left: 0px; vertical-align: top; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: top; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: top; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: top; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: top; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: top; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: top; height: 10px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Marcos Marinho Lutz</span><span style="font-family: 'Times New Roman'; font-size: 5.67pt; vertical-align: super;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8.88889px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(3)</span></span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160; &#160; &#160; &#160; &#160; &#160;&#160;</span></p>
</td>
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<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Chief</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Executive</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Officer</span></p>
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<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">8</span></p>
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<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">5</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2</span></p>
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<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Rodrigo de Almeida Pizzinatto</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
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<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Chief</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Financial</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">and</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Investor&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Relations</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Officer,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ultrapar</span></p>
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<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">2</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2</span></p>
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<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">4</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">5</span></p>
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<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Marcelo Pereira Malta de Ara&#250;jo</span><span style="font-family: 'Times New Roman'; font-size: 5.67pt; vertical-align: super;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8.88889px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(4)</span></span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
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<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Chief Corporate Development&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">and Advocacy Officer</span></p>
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<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">3</span></p>
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<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">60</span></p>
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<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">D&#233;cio de Sampaio Amaral</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
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<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Officer, Ultracargo</span></p>
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<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">2</span></p>
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<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">5</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2</span></p>
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<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Leonardo Remi&#227;o Linden</span><span style="font-family: 'Times New Roman'; font-size: 5.67pt; vertical-align: super;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8.88889px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(5)</span></span><span style="font-family: 'Times New Roman'; font-size: 5.67pt; vertical-align: super;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
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<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Officer, Ipiranga</span></p>
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<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">4</span></p>
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<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">56</span></p>
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<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px; text-align: left;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Tabajara Bertelli Costa</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
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<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Officer, Ultragaz</span></p>
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<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">2</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">6</span></p>
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<p style="margin: 0px; text-align: center; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">50</span></p>
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<p style="margin: 0pt 0pt 0pt 24.85pt; text-indent: -18.75pt;"><span style="font-family: 'Times New Roman'; font-size: 7pt;">(1)</span><span style="font: 7.0pt 'Times New Roman';">&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman'; font-size: 8pt;">Vice-Chairman of the</span><span style="font-family: 'Times New Roman'; font-size: 8pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 8pt;">Board of Directors</span><span style="font-family: 'Times New Roman'; font-size: 8pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 8pt;">elected at the meeting of the Board of Directors held in</span><span style="font-family: 'Times New Roman'; font-size: 8pt;"> September 202</span><span style="font-family: 'Times New Roman'; font-size: 8pt;">1 with mandate term </span><span style="font-family: 'Times New Roman'; font-size: 8pt;">of office </span><span style="font-family: 'Times New Roman'; font-size: 8pt;">from January 3, 2022 to the completion of the mandate term of the current members of the Board of Directors.</span></p>
<p style="margin: 0pt 0pt 0pt 24.85pt; text-indent: -18.75pt;"><span style="font-family: 'Times New Roman'; font-size: 7pt;">(2)</span><span style="font: 7.0pt 'Times New Roman';">&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman'; font-size: 8pt;">Members of the Board of Directors elected for their first term at the annual and extraordinary general shareholders&#8217; meeting held in April 2021. </span></p>
<p style="margin: 0pt 0pt 0pt 24.85pt; text-indent: -18.75pt;"><span style="font-family: 'Times New Roman'; font-size: 7pt;">(3)</span><span style="font: 7.0pt 'Times New Roman';">&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman'; font-size: 8pt;">Mr. Lutz was </span><span style="font-family: 'Times New Roman'; font-size: 8pt;">a </span><span style="font-family: 'Times New Roman'; font-size: 8pt;">member of the Board of Directors until December </span><span style="font-family: 'Times New Roman'; font-size: 8pt;">20</span><span style="font-family: 'Times New Roman'; font-size: 8pt;">21 and </span><span style="font-family: 'Times New Roman'; font-size: 8pt;">took office</span><span style="font-family: 'Times New Roman'; font-size: 8pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 8pt;">as Chief Executive Office </span><span style="font-family: 'Times New Roman'; font-size: 8pt;">in January 2022.</span><span style="font-family: 'Times New Roman'; font-size: 8pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 8pt;">Mr. Lutz </span><span style="font-family: 'Times New Roman'; font-size: 8pt;">has also </span><span style="font-family: 'Times New Roman'; font-size: 8pt;">served as Ultracargo&#8217;s Officer from 2001 to 2003 and </span><span style="font-family: 'Times New Roman'; font-size: 8pt;">held</span><span style="font-family: 'Times New Roman'; font-size: 8pt;"> different positions at Ultragaz, from 1994 to 1999. </span></p>
<p style="margin: 0pt 0pt 0pt 24.85pt; text-indent: -18.75pt;"><span style="font-family: 'Times New Roman'; font-size: 7pt;">(4)</span><span style="font: 7.0pt 'Times New Roman';">&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman'; font-size: 8pt;">Chief Corporate Development &amp; Advocacy Officer elected at the meeting of the Board of Directors held in September 2021.</span><span style="font-family: 'Times New Roman'; font-size: 8pt;"> </span></p>
<p style="margin: 0pt 0pt 0pt 24.85pt; text-indent: -18.75pt;"><span style="font-family: 'Times New Roman'; font-size: 7pt;">(5)</span><span style="font: 7.0pt 'Times New Roman';">&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman'; font-size: 8pt;">Mr. Linden was elected as Executive Officer at the Board of Directors&#8217;meeting held in September 2021. </span><span style="font-family: 'Times New Roman'; font-size: 8pt;">Mr. Linden </span><span style="font-family: 'Times New Roman'; font-size: 8pt;">has previously </span><span style="font-family: 'Times New Roman'; font-size: 8pt;">served as Iconic&#8217;s </span><span style="font-family: 'Times New Roman'; font-size: 8pt;">CEO</span><span style="font-family: 'Times New Roman'; font-size: 8pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 8pt;">from 2017 to 2021.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Summarized below is information regarding the business experience, areas of experience and principal outside business interest of the current members of our Board of Directors and our senior management. </span></p>
<p style="margin: 10pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Board of Directors </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Pedro Wongtschowski</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Dr. Wongtschowski became an </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">O</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">fficer of Ultrapar in 1985, and </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">served as </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">CEO from January 2007 to December 2012. Currently, he serves as chairman of Ultrapar&#8217;s Board of Directors and as Coordinator of its Strategy Committee. He is chairman of the Board of the ANPEI (Associa&#231;&#227;o Nacional de Pesquisa e Desenvolvimento das Empresas Inovadoras), </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Chairman </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">of the Committee of Innovation and Competitiveness of FIESP (Federa&#231;&#227;o das Ind&#250;strias do Estado de S&#227;o Paulo), member of the Management Committee </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">of</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Business Mobilization for Innovation of the MEI-CNI (Mobiliza&#231;&#227;o Empresarial pela Inova&#231;&#227;o - Confedera&#231;&#227;o Nacional da Ind&#250;stria), member of the Board of </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">S&#227;o Paulo Research Foundation</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (FAPESP)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> member of the Board the of EMPRAPII (Empresa Brasileira de Pesquisa e Inova&#231;&#227;o Industrial) and member of the Board of IEDI (Instituto de Estudos para o Desenvolvimento Industrial). Dr. Wongtschowski is a member of the Board of Directors of Embraer S.A., CTC (Centro de Tecnologia Canavieira) and several non-profit-organizations. He is author or co-author of books related to the chemical industry. Dr. Wongtschowski is a Chemical Engineer, with MSc and PhD from Escola Polit&#233;cnica of the University of S&#227;o Paulo</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"><br/></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Frederico Pinheiro Fleury Curado</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Mr. Frederico Curado was CEO of Ultrapar from October 2017 to December 2021. Currently he serves as Vice-Chairman of the Board of Directors and member of the People, Strategy and Conduct Committees. Prior to joining Ultrapar, he was CEO of Embraer S.A. from 2007 to 2016, where he previously held the positions of Executive Vice President</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> of</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Commercial Aviation Market from 1998 to 2007, and Executive Vice President</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> of</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Planning and Organizational Development from 1995 to 1998. Mr. Curado is a member of the Board of Directors of Transocean Ltd. (since 2013) and ABB Ltd. (since 2016). Mr. Curado served as a member of the Board of Directors of Iochpe-Maxion S.A. (from 2015 to 2017), Vice-President of CCI - International Chamber of Commerce (2013-2018), President of the Brazil-United States Business Council (2011-2016), and as a member of the Board of the Smithsonian Air and Space Museum (2014-2017). Mr. Curado holds a bachelor's degree in Mechanical-Aeronautical Engineering from the Technological Institute of Aeronautics (ITA) in 1983 and has an Executive MBA from the University of Sao Paulo in 1997</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Alexandre Teixeira de Assump&#231;&#227;o Saigh</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Mr. Saigh joined us in September 2020 as a member of the Board of Directors</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> and currently is also a member of the People Committee</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">. Mr. Saigh is co-founder and member of the Executive Committee of P&#225;tria Investimentos Ltda., a leading alternative investment management firm in Latin America. Mr. Saigh was a partner at Banco Patrim&#244;nio responsible for the development and execution of its merchant banking &amp; private equity activities from 1994 until 2000, when he co-founded P&#225;tria Investimentos. Mr. Saigh received a degree in financial management and hotel administration from Boston University and a postgraduate degree in economics from Harvard University.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Ana Paula Vitali Janes Vescovi</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ms. Vescovi joined us in July 2019 as a member of the Board of Directors and the Audit and Risks Committee</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> where she currently serves as a coordinator</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> since April 2021</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">. In 2019, Ms. Vescovi became head of macroeconomics at Banco Santander (Brasil) S.A. Ms. Vescovi has been the </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Chair</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">woman</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">of the Board of Directors of Caixa Econ&#244;mica Federal from 2017 to 2018. Ms. Vescovi was also deputy minister and secretary of the National Treasury in the Ministry of Finance of the Federative Republic of Brazil from 2016 to 2018. Ms. Vescovi was a member of the Board of Directors of Eletrobr&#225;s, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">and</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">C</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">hair</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">woman</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">of the Board of Directors of IRB &#8211; Brasil Resseguros S.A</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">from 2017 until 2018</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">. She received a degree in economy from Federal University of Esp&#237;rito Santo in 1990, a master&#8217;s degree in economics from Funda&#231;&#227;o Getulio Vargas (FGV) in 1992 and a master&#8217;s degree in public policies from the University of Bras&#237;lia in 2001</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Fl&#225;via Buarque de Almeida</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ms. Buarque de Almeida joined us in April 2019 as a member of both the Board of Directors and the Strategy Committee. At Pen&#237;nsula Capital S.A. she has been Managing Director and Partner since 2013, as well as executive officer since 2019 and managing director of O3 Gest&#227;o de Recursos Ltda. Ms. Buarque de Almeida has been a member of the Board of Directors of BRF S.A. and Groupe Carrefour since 2017, W2W E-Commerce de Vinhos S.A. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">since 2016 </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">and Vitamina Chile S.P.A since 201</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">8</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">. She served as a Director at GAEC Educa&#231;&#227;o S.A. from 2014 to 2018 and Lojas Renner S.A. from 2011 to 2016. She received a degree in business administration from Funda&#231;&#227;o Getulio Vargas (FGV) in S&#227;o Paulo in 1989 and </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">hold</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">s</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> a</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">n</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> MBA from Harvard Business School in 1994, in addition to extension courses from Kellogg Graduate School of Management (Northwestern University), Insead and Harvard.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Jorge Marques de Toledo Camargo</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Mr. Camargo joined us in April 2015 as a member of the Board of </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Directors</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">and currently is also a member </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">of the</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Audit and Risks</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> and the Strategy</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">C</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">ommittee</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">s</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">. He has been a member of the Board of Directors of Prumo</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Log&#237;stica S.A. since 2014 and of A&#231;u Petr&#243;leo S.A. since 2020. He is also Vice-President of the Board of Trustees of Centro Brasileiro de Rela&#231;&#245;es Internacionais (CEBRI). Mr. Camargo served as President of Instituto Brasileiro de Petr&#243;leo e G&#225;s (IBP) from 2015 to 2018 and is now member of its Board of Directors. He was also a senior consultant at McKinsey &amp; Comp., Inc. from 2012 to 2019, and a member of the Board of Directors of Mills Estruturas e Servi&#231;os de Engenharia S.A. from 2011 to 2017. Previously he worked 27 years for Petrobras, including as a member of its Board of Officers, responsible for the International Area, and for Equinor, from 2003 to 2009, as Senior Vice-President at the headquarter in Norway and later as President of Equinor Brazil. He has more than 40 years of experience in the oil and gas industry. He graduated in Geology from the University of Brasilia and obtained a master&#8217;s degree in Geophysics from the University of Texas at Austin.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Jos&#233; Gall&#243;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Mr. Gall&#243; joined us in April 2019 as a member of the Board of Directors and the People Committee (</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">where he also acts as a</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> coordinator). He has been a member of the Board of Directors of Lojas Renner SA since 1998, having taken over as President of the body in 2019. He was Managing Director of Lojas Renner SA, from September 1991 to March 1999, when he was elected CEO, position which he held until April 2019. He is also an ambassador for Endeavor Brasil in Rio Grande do Sul since 2002 and Vice-President of the Deliberative Council of Instituto Caldeira, an innovation ecosystem in Porto Alegre. He was a member of the Board of Directors of Ita&#250; Unibanco Holding SA from </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2016 to 2021</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> of</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">SLC Agr&#237;cola S.A. from April 2007 to May 2016</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> and of Localiza Rent a Car S.A. from October 2010 to June 2020, having been Vice-Chairman of the Board from April 2019 to June 2020. He graduated in business administration from Funda&#231;&#227;o Get&#250;lio Vargas (FGV).</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Jos&#233; Luiz Alqu&#233;res. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Mr. Alqu&#233;res joined us as a member of the Board of Directors </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">and the People Committee </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">in April 202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">. Mr. Alqu&#233;res is a member of the Board of Director of Energisa S.A. since 2017. He is also the Institutional Relations Officer of IHGB since 2020, chairman of the strategic council of Casa FIRJAN since 2020, Vice-President of the Instituto Cultral EDP since 2019, member of the advisory council since 2012 and executive officer of JL Alqu&#233;res Consultores Associated since 1999.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Mr. Alqu</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#233;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">r</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">e</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">s also served as</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> chairman of the Board of Centrais El&#233;tricas Brasileiras S.A. &#8211; Eletrobras, from 2016 to 2017.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> He is graduated in civil engineering from PUC and in Social Sciences from </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">UFRJ</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span></p>
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<p style="margin: 12pt 0pt 8pt; text-indent: 35.45pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Jos&#233; Maur&#237;cio Pereira Coelho. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Mr. Coelho joined us in April 2015 as a member of the Board of Directors and, as of</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2019, he is member of the Audit and Risks Committee. He was the CEO of Previ &#8211; Caixa de Previd&#234;ncia dos Funcion&#225;rios do Banco do Brasil &#8211; from 2018 to 2021, Chairman of the Board of Directors of Vale S.A from 2019 to 2021, the CEO of BB Seguridade Participa&#231;&#245;es S.A from 2017 to 2018 and the Vice-President of Financial Management and Investor Relations of Banco do Brasil S.A. from 2015 to 2017. Mr. Coelho was also a member of the Board of Directors of the BB Securities LLC, New York, BB Securities Limited, London and BB Securities Asia Pte. Ltda., Singapore, from 2012 to 2015. He was a member of the Board of Directors of Cielo S.A from 2012 to 2017. He obtained a degree in accounting from Faculdade Unigranrio, Rio de Janeiro, in 1990. He has an MBA in Finance and Capital Markets, with specialization in Corporate Governance from Funda&#231;&#227;o Getulio Vargas in Rio de Janeiro (FGV/RJ).</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Ot&#225;vio Lopes Castello Branco Neto. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Mr. Castello Branco Neto joined us in April 2021 as a member of the Board of Directors. He serves as a Partner and member of the Board of Directors of P&#225;tria Investimentos LTDA. since 20</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">10</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> and </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">is</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">a member of the Executive Committee</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> He </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">has a bachelor&#8217;s degree in</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> engineer</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">ing</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span></p>
<p style="margin: 18pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Executive Officers </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Marcos Marinho Lutz</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Mr. Lutz joined us in April 2021 as a member of the Board of Directors and, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">as of January</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2022, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">has </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">held the position of CEO of Ultrapar. He has been a member of the Board of Directors of Votorantim S.A. since 2020 and of Corteva Agriscience since 2019. Mr. Lutz also served as a member of the Board of Directors of Rumo Log&#237;stica S.A. from 2008 to 2020 and as the Chairman in </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2020</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">. Mr. Lutz was also a member of the Board of Directors of Comg&#225;s S.A. from 2013 to</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2020, of Ra&#237;zen S.A. from 2011 to 2020, of Moove S.A. from 2008 to 2020 and of Monsanto S.A. from 2014 to 2018. He was the Chief Executive Officer of Cosan S.A. &#8211; Ind&#250;stria e Com&#233;rcio from 2009 to 2020. He graduated as a naval engineer from Escola Polit&#233;cnica of the University of S&#227;o Paulo and holds an MBA in Marketing, Operations and Logistics from Kellogg School of Management.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Rodrigo de Almeida Pizzinatto. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Mr. Pizzinatto joined us in 1999 as an intern and, since then, has worked in different areas of the Company, including treasury, M&amp;A, corporate planning and investor relations. From 2012 to 2014, Mr. Pizzinatto was Ultrapar&#8217;s officer of M&amp;A, Corporate Planning and Investor Relations. From 2014 to 2018, Mr. Pizzinatto served as Extrafarma&#8217;s officer, responsible for different areas during his tenure, such as expansion, marketing, commercial and logistics. In June 2018, he was named Chief Executive Officer of Extrafarma, leading a strategic revision and turnaround plan. In October 2020, he was nominated Ultrapar&#8217;s Chief Financial and Investor Relations Officer. Mr. Pizzinatto holds an MBA from Stanford Graduate School of Business and a bachelor&#8217;s degree in business administration from Funda&#231;&#227;o Getulio Vargas (FGV).</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Marcelo Pereira Malta de Ara&#250;jo</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Mr. Ara&#250;jo joined us in 2018 as Chief Executive Officer of Ipiranga and, since October 2021, held the position of Chief Corporate Development &amp; Advocacy Officer of Ultrapar. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">He is also a member of the Board of Directors of the Brazilian Petroleum Institute and chairman of the Board of Directors of the Brazilian Downstream Association. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">With more than 30 years of experience, he initiated his career at Shell do Brasil, where he worked for 10 years in the operations, retail, lubricants, marketing, planning and engineering departments. After that, Mr. Ara&#250;jo held leadership positions in large Brazilian corporations, such as Natura, CSN, Camargo Correa and Grupo Libra. In the last years, he acted as Chief Executive Officer of Marisa Lojas S.A. Mr. Ara&#250;jo also accumulated experience as board member of Usiminas, Laborat&#243;rio Fleury and Alpargatas. He graduated in engineering at Engineering Military Institution (IME) and holds an MBA from Sociedade de Desenvolvimento Empresarial (current IBMEC), in addition to extension courses from Harvard and Insead</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">D&#233;cio de Sampaio Amaral.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Mr. Amaral joined us in 2020. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">With 28 years of experience in logistics, supply chain, operations and project management, Mr. Amaral held leadership positions in Itautec-Philco, Souza Cruz and Vale. Recently he was the CEO of Camargo Correa Infraestrutura. Mr. Amaral graduated in engineering at ITA and in Industrial Management at Funda&#231;&#227;o Vanzolini, holds a master&#8217;s degree in Finance from IBMEC and completed executive programs in IMD and MIT</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Leonardo Remi&#227;o Linden.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Mr. Linden joined us in 2017 as CEO of Iconic and</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> in April 2021</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> he took over as Commercial Vice President in Ipiranga. Since October 2021, Mr. Linden holds the position of Chief Executive Officer of Ipiranga. He is currently the chairman of the Board of Directors of ICONIC Lubrificantes and was a member of the Board of Directors of Associa&#231;&#227;o Brasileira de Downstream since 2020 and of the Board of Directors of Plural from 2017 to 2020. Mr. Linden has a long executive career in the fuels sector in Brazil and overseas. Prior to joining the Company, he formerly served as Strategic Planning and M&amp;A Vice President from 2014 to 2015, and Marketing Vice President from 2011 to 2014 at Ra&#237;zen. Mr. Linden also served as Sales and Marketing Vice President at Cosan from 2008 to 2011, after an international career at ExxonMobil between 1990 and 2008. He graduated in business administration from Universidade Federal do Rio Grande do Sul (UFRGS), with specializations in University of North Carolina, Kellogg Business School and Thunderbird Executive Education</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Tabajara Bertelli Costa.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Mr. Bertelli initiated his career at Ultrapar in 1995 in the finance department and moved to Ultragaz in 2000, where he established a solid career, predominantly in the commercial areas. In 2015, he was transferred to Ipiranga, as an officer, to the recent developed department dedicated to Large Consumers Market (B2B) and had the opportunity to develop and consolidate a differentiated strategy to its customers. In January 2019, Mr. Bertelli became Chief Executive Officer of Ultragaz. Mr. Bertelli graduated in industrial engineering and holds a master&#8217;s degree in business management, both from the </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">University of S&#227;o Paulo (USP), and a post-graduation in Finance at Funda&#231;&#227;o Getulio Vargas (FGV). Mr. Bertelli also attended the STC &#8211; Skills, Tools and Competences from Kellogg Business School in 2010</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.&#160;</span></p>
<p style="margin: 10pt 0pt 0pt 24.5pt; page-break-after: avoid; text-indent: -24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">B.</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160; &#160; &#160;&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Compensation </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The purposes of our compensation policy and practices for our management are (i)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">to align executives&#8217; and shareholders&#8217; interests, based on the principle of sharing risks and returns, (ii)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">to converge individual goals to the Company&#8217;s long-term strategy, and (iii)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">to recognize the contribution and retain professionals, based on market references. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Following these principles, we adopt a competitive compensation plan that includes the use of value creation metrics to establish variable compensation targets, benefits aligned with market practice and a stock ownership plan. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Pursuant to Of&#237;cio Circular/CVM/SEP/</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Annual/2022</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">starting in 2020, we ceased to report social charges paid by employer as manager compensation information. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">For the year ended December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 2021, the Company recognized an aggregate compensation for our directors and executive officers of R$60</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million in its financial statements. The compensation does not consider the social charges paid by the employer as manager compensation information, pursuant to Of&#237;cio Circular/CVM/SEP/</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Annual/2022</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">. The numbers are distributed as follows: </span></p>
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<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom-width: 1px;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 14.6667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">December 31, 2021</span></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; text-align: center;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Board of Directors</span></td>
<td style="padding: 0px; vertical-align: middle; border-bottom-width: 1px; text-align: center; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; text-align: center;"><span style="font-size: 8pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-weight: bold;">Executive</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-weight: bold;">&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-weight: bold;">Officers</span></span></td>
<td style="padding: 0px; vertical-align: middle; border-bottom-width: 1px; text-align: center; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; text-align: center;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Total</span></td>
<td style="padding: 0px; vertical-align: middle; text-align: center; height: 17px;"><br/></td>
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<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; text-align: center; height: 17px; border-bottom-width: 1px;" colspan="5"><span style="font-size: 8pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-weight: bold;">(in</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-weight: bold;">&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-weight: bold;">thousands</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-weight: bold;">&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-weight: bold;">of</span><span style="color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">&#160;</span><span style="color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Reais</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-weight: bold;">, except</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-weight: bold;">&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-weight: bold;">for</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-weight: bold;">&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-weight: bold;">the</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-weight: bold;">&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-weight: bold;">number</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-weight: bold;">&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-weight: bold;">of</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-weight: bold;">&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-weight: bold;">members)</span></span></td>
<td style="padding: 0px; vertical-align: middle; text-align: center; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: middle; height: 10px; border-bottom-width: 1px; background-color: #cceeff; width: 67%;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Number of members&#160;<span style="font-size: 8pt;"><sup>(1)</sup></span></span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; border-bottom-width: 1px; background-color: #cceeff; width: 10%;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">11.0</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom-width: 1px; background-color: #cceeff; width: 1%; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 10px; border-bottom-width: 1px; background-color: #cceeff; width: 10%;">
<p style="font-size: 10pt; margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">6.2</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom-width: 1px; background-color: #cceeff; width: 1%; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 10px; border-bottom-width: 1px; background-color: #cceeff; width: 10%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; width: 1%; height: 10px;"><br/></td>
</tr>
<tr style="height: 12px;">
<td style="padding: 0px; vertical-align: middle; height: 12px; border-bottom-width: 1px;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Annual fixed compensation </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 12px; border-bottom-width: 1px;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">10,680.6</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom-width: 1px; height: 12px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 12px; border-bottom-width: 1px;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">14,684.7</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom-width: 1px; height: 12px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 12px; border-bottom-width: 1px;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">25,365.</span><span style="font-family: 'Times New Roman'; font-weight: bold;">4</span></span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 12px;"><br/></td>
</tr>
<tr style="height: 20px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: middle; height: 20px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Salary </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 20px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">10,680.6</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 20px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 20px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">11,196.4</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 20px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 20px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">21,877.0</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 20px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Direct and indirect benefits </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">-</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">3,488.3</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">3,488.3</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Variable compensation </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">-</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">14,297.4</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">14,297.4</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding: 0px; vertical-align: middle; height: 10px;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Short-term variable compensation </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">-</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 10px;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">14,297.4</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 10px;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">14,297.4</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: middle; height: 18px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Long-term variable compensation </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 18px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">-</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 18px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">-</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 18px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">-</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 18px;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding: 0px; vertical-align: middle; height: 19px;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Post-employment benefit </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">-</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">1,260.5</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">1,260.5</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: middle; height: 19px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Benefits due to the interruption in the exercise of the position </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">-</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">4,978.3</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">4,978.3</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding: 0px; vertical-align: middle; height: 19px;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Stock-based compensation </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; border-bottom: 1px solid #000000;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">-</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; border-bottom: 1px solid #000000;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">14,06</span><span style="font-family: 'Times New Roman'; font-weight: bold;">1</span><span style="font-family: 'Times New Roman'; font-weight: bold;">.</span><span style="font-family: 'Times New Roman'; font-weight: bold;">0</span></span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; border-bottom: 1px solid #000000;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">14,06</span><span style="font-family: 'Times New Roman'; font-weight: bold;">1</span><span style="font-family: 'Times New Roman'; font-weight: bold;">.</span><span style="font-family: 'Times New Roman'; font-weight: bold;">0</span></span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px;"><br/></td>
</tr>
<tr style="height: 12px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: middle; height: 12px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-indent: 11pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total compensation</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 12px; background-color: #cceeff; border-bottom: 2.8pt double #000000;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">10,680.6</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 12px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 12px; background-color: #cceeff; border-bottom: 2.8pt double #000000;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">49,282.0</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 12px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 12px; background-color: #cceeff; border-bottom: 2.8pt double #000000;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">59,962.</span><span style="font-family: 'Times New Roman'; font-weight: bold;">7</span></span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 12px;"><br/></td>
</tr>
</tbody>
</table>
<p style="margin: 0px; text-indent: 0px;"><br/></p>
<table style="width: 100%; margin-left: 0.1px; height: 17px; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr style="height: 17px;">
<td style="height: 17px; width: 5%; text-align: center;"><span style="font-size: 8pt;">(1)</span></td>
<td style="height: 17px; width: 95%;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Average number of members in the period.</span></td>
</tr>
</tbody>
</table>
<p style="margin: 10pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 12pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">The table below shows the higher, lower and average individual compensation recognized in our financial statements for our directors and executive officers in 2021: </span></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 12pt;">&#160;</span></p>
<table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; height: 40px; width: 100%; text-indent: 0px;" width="100%">
<tbody>
<tr style="height: 10px;">
<td style="padding: 0px; vertical-align: middle; height: 10px; border-bottom-width: 1px; width: 54%;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Body</span></td>
<td style="padding: 0px; vertical-align: middle; height: 10px; text-align: center; border-bottom: 1px solid #000000; width: 10%;"><span style="font-size: 8pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-weight: bold;">Number</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-weight: bold;">&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-weight: bold;">of members</span></span></td>
<td style="padding: 0px; vertical-align: middle; height: 10px; text-align: center; border-bottom-width: 1px; width: 2%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 10px; text-align: center; border-bottom: 1px solid #000000; width: 10%;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Highest individual compensation</span></td>
<td style="padding: 0px; vertical-align: middle; height: 10px; text-align: center; border-bottom-width: 1px; width: 2%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 10px; text-align: center; border-bottom: 1px solid #000000; width: 10%;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Lowest individual compensation</span></td>
<td style="padding: 0px; vertical-align: middle; height: 10px; text-align: center; border-bottom-width: 1px; width: 2%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 10px; text-align: center; border-bottom: 1px solid #000000; width: 10%;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Average individual compensation</span></td>
</tr>
<tr style="height: 10px;">
<td style="padding: 0px; vertical-align: middle; height: 10px; border-bottom-width: 1px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 10px; text-align: center; border-bottom-width: 1px; margin: 0px; text-indent: 0px;" colspan="7"><span style="font-size: 8pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-weight: bold;">(in thousands of</span><span style="color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">&#160;Reai</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-weight: bold;">s, except for the number of members)</span></span></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 0px; padding-right: 0px; height: 10px; border-bottom-width: 1px; margin: 0px; text-indent: 0px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Board of Directors </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; height: 10px; border-bottom-width: 1px; margin: 0px; text-indent: 0px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 11.0 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; height: 10px; border-bottom-width: 1px; margin: 0px; text-indent: 0px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; height: 10px; border-bottom-width: 1px; margin: 0px; text-indent: 0px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">2,014.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; height: 10px; border-bottom-width: 1px; margin: 0px; text-indent: 0px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; height: 10px; border-bottom-width: 1px; margin: 0px; text-indent: 0px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">799.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; height: 10px; border-bottom-width: 1px; margin: 0px; text-indent: 0px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; height: 10px; border-bottom-width: 1px; margin: 0px; text-indent: 0px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">971.0</span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 0px; padding-right: 0px; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Executive Officers </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 6.2 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 16,115.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">8</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 4,153.4</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">7,920.3</span></p>
</td>
</tr>
</tbody>
</table>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">126</span></td>
</tr>
</tbody>
</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The main components of our management compensation plan are: </span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Fixed compensation (salary and direct and indirect benefits): a monthly amount paid with the purpose of compensating the responsibility and complexity inherent to each position, the individual contribution and experience of each professional, seeking to maintain levels compatible with those of comparable companies. </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Short-term variable compensation: an annual amount paid in order to align the interests of the executives with those of the Company. This amount is linked to Company&#8217;s economic performance, and the achievement of annual individual goals. All targets related to the Company&#8217;s and the individual executive&#8217;s performance are established in accordance with the strategic planning</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">As of 2022, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">at least 1/3 of the individual goals (or 10% of total)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> for executive officers will be</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> related to ESG purposes</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">specifically</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> designed for each officer</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Share ownership compensation plan: since 2003, Ultrapar has adopted stock-based compensation to reinforce the alignment between the long-term interests of executives and shareholders and to retain executives. According to the terms of the stock plan in force since 2017, there are t</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">hree</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> different programs that aim to ensure retention of key executives and professionals and make a relevant portion of their compensation contingent on shareholder value generation.</span></li>
</ul>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Since 2003, Ultrapar has adopted a stock-based compensation plan pursuant to which certain executives have the voting and economic rights of shares held in treasury for a period of five to seven years from the initial concession of the rights. Following this period, Ultrapar </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">transfe</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">rred</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> the full ownership to those executives subject to uninterrupted employment of the participant during the period. The number of shares and the executives eligible to this stock plan </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">we</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">re determined by the Board of Directors, and there is no mandatory annual grant. The total number of shares to be used in the plan is subject to the number of shares in treasury and to the limit established in the plan. The fair value of the awards is determined on the grant date based on the market value of the shares on the B3 and the amounts are amortized between five to seven years from the grant date. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">As of</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 2021, the amount granted to the Company&#8217;s executives, including tax charges, totaled R$34.6 million. In 2021, an amortization in the amount of R$1.9 million was recognized as a general </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">and administrative expense.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> As of December 31, 2021, all shares attributable to </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">the members of our board of Executive Officers </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">under this stock-based compensation plan had vested.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">At the extraordinary and annual general shareholders&#8217; meeting held on April</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">19, 2017, Ultrapar&#8217;s shareholders approved a new</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> stock-based incentive plan (&#8220;Plan&#8221;) which establishes the terms and general conditions for granting common shares issued by the Company held as treasury stock which may or may not involve awarding usufruct over any portion thereof for subsequent transfer of ownership for periods from three to six years to officers or employees of the Company or its subsidiaries.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">As a result of the Plan, common shares representing up to 1% of the Company&#8217;s share capital may be delivered to the participants, which corresponds, at the date of approval of this Plan, to 11,128,102 common shares. This limit was modified to reflect the split of shares approved at the extraordinary and annual general shareholders meeting held on April</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">10, 2019 and implemented on April</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">24, 2019.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Additionally, on </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">April 19, 2017</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, our</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Board of Directors approved our restricted stock program and the </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">restricted stock and performance program</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> pursuant to which the participants appointed by the Board of Directors were granted unvested shares in the amount of R$102.1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million. In 2021, we recognized a general and administrative expense of R$20.3</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million in connection with these programs.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span><span style="font-family: 'Times New Roman'; font-size: 10pt;">The chart below sets forth a historical summary of the vested and unvested shares granted to the members of our board of Executive Officers as of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 2021, by</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">grating date:</span></span></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<p style="font-size: 9pt; line-height: 108%; margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 9pt; font-weight: bold;">Body</span></p>
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<p style="font-size: 9pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 9pt; font-weight: bold;">Statutory Officers</span></p>
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<p style="font-size: 10pt; line-height: 108%; margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Total number of members</span></p>
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<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">7</span></p>
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<p style="font-size: 10pt; line-height: 108%; margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Number of compensated members</span></p>
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<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span></p>
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<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">2</span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 19px; width: 7%;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">2</span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 19px; width: 7%;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 19px; width: 7%;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">5</span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 19px; width: 7%;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 19px; width: 7%;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">6</span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 19px; width: 7%;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">2</span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 19px; width: 7%;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">6</span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 19px; width: 7%;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">2</span></p>
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<p style="font-size: 10pt; line-height: 108%; margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Granting Date</span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 18px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">01-Out-17</span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 18px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">08-Nov-17</span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 18px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">04-Apr-18</span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 18px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">24-Sep-18</span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 18px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">03-Apr-19</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 18px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">02-Sep-19</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 18px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">01-Apr-20</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 18px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">16-Sep-20</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 18px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">07-Apr-21</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 18px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">22-Sep-21</span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Number of shares granted</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">240,000</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">14,252</span><span style="font-family: 'Times New Roman'; font-size: 7pt; vertical-align: super;">(1)</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">38,480</span><span style="font-family: 'Times New Roman'; font-size: 7pt; vertical-align: super;">(1)</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">80,000</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">108,444</span><span style="font-family: 'Times New Roman'; font-size: 7pt; vertical-align: super;">(1)</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">160,000</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">185,808</span><span style="font-family: 'Times New Roman'; font-size: 7pt; vertical-align: super;">(2)</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">700,000</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">248,492</span><span style="font-family: 'Times New Roman'; font-size: 7pt; vertical-align: super;">(2)</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">400,000</span></p>
</td>
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<td rowspan="6" style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 100px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Period for the share effective ownership to be transferred Granting Date </span><span style="font-family: 'Times New Roman'; font-size: 6.67pt; vertical-align: super;">(1)</span></p>
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<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Oct-23</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 18px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">1/3 in</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 18px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">1/3 in</span></p>
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<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Sep-24</span></p>
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<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">1/3 in</span></p>
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<td rowspan="6" style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 100px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Sep-25</span></p>
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<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">1/3 in</span></p>
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<td rowspan="6" style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 100px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Sep-26</span></p>
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<td rowspan="6" style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 100px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Apr-24</span></p>
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<td rowspan="6" style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 100px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Sep-27</span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 18px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Nov-20</span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 18px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Apr-21</span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 18px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Apr-22</span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 18px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Apr-23</span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 18px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">1/3 in</span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 18px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">1/3 in</span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 18px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">1/3 in</span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 18px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">1/3 in</span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 18px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Nov-21</span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 18px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Apr-22</span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 18px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Apr-23</span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 18px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Apr-24</span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 18px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">1/3 in</span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 18px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">1/3 in</span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 18px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">1/3 in</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 18px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">1/3 in</span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Nov-22</span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Apr-23</span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Apr-24</span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Apr-25</span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Price assigned to the shares granted (R$/share)</span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">38.57</span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">38.57</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">34.35</span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">18.40</span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">23.25</span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">16.42</span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">16.21</span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">23.03</span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">21</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">00</span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">14</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">17</span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">127</span></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p><br/></p>
<p style="margin: 0pt 0pt 0pt 24.85pt; text-indent: -18.75pt;"><span style="font-family: 'Times New Roman'; font-size: 7pt;">(1)</span><span style="font: 7.0pt 'Times New Roman';">&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman'; font-size: 8pt;">Subjected to the performance goals throughout the vesting period, the same amount of shares can be transferred to the Executive Directors as performance shares. The performance shares are not submitted to the grant of usufruct.</span></p>
<p style="margin: 0pt 0pt 0pt 24.85pt; text-indent: -18.75pt;"><span style="font-family: 'Times New Roman'; font-size: 7pt;">(2)</span><span style="font: 7.0pt 'Times New Roman';">&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman'; font-size: 8pt;">Subjected to the performance goals throughout the vesting period, up to 150% of shares can be transferred to the Executive Directors as performance shares. The performance shares are not submitted to the grant of usufruct.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The members of our Board of Directors are not eligible to the approved program.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">For more information on our Deferred Stock Plan and Plan, please see </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">N</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">ote </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">9</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.c to our financial statements. </span></p>
<p style="margin: 12pt 0pt 0pt 24.5pt; page-break-after: avoid; text-indent: -24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">C.</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Board Practices </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">We are managed by our Board of Directors and by our Executive Officers. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">On April 14, 2021, the annual and extraordinary general shareholders&#8217; meeting elected </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">the</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Board of Directors for a two-year term. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">As of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, our Board of Directors, consisted of eleven members, all of them being non-executive members and</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> six</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> of whom were independent, according to the Brazilian </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Novo Mercado</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Listing Rules. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">On September 22, 2021, we announced the succession plan of the leadership of </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">our</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Board of Directors, developed under the leadership of the current Chairman of the Board, Pedro Wongtschowski, whose mandate end</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">s</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> in April 2023. As part of such plan, Marcos Lutz</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> left his position as a member of the Board of Directors and</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> assumed the position of Chief Executive Officer of</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> the Company</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> effective as of January 2022</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, succeeding Frederico Curado, now Vice-Chairman of the Board of Directors, after Lucio de Castro Andrade Filho retired at the end of 2021.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">As </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">a result of Mr. Lutz departure to assume the position of Chief Executive Officer, as </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">of January 2022, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">our</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Board </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">of Directors </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">was</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> comp</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">o</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">sed of </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">ten</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> members, all non-executive members and six independent members. One member of the Board was an executive officer until December 20</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">12</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> and one member was an executive officer until December 20</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Three</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> of the non-independent members are related, directly or indirectly, to Ultra S.A.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, namely, Pedro Wongtschowski, Alexandre Teixeira de Assump&#231;&#227;o Saigh and Ot&#225;vio Lopes Castello Branco Neto.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Our Board of Directors must meet every three months and extraordinarily whenever called by its chairman or by any two directors. During 202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, thirteen board meetings were held. Each meeting of the Board of Directors requires the majority of the directors to be present, including the chairman or the vice-chairman, before the meeting may commence. The vote of the majority of the members present is required for the approval of a resolution by the Board of Directors. In case of a tie, the chairman, or in the chairman&#8217;s absence, the vice chairman, will provide the casting vote. In case of urgency, the chairman of our Board of Directors (or a third party that he or she may appoint) may call a special meeting of the Board of Directors with a shorter notice period than the usual; provided, however, that two-thirds of board members are present in order to commence such special meeting. Among other responsibilities, the Board of Directors is responsible for (i)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">our general guidelines, (ii)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">electing and removing our executive officers, supervising their management and fixing their compensation, (iii)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">deliberating on the issuance of new shares, within the limits of our authorized capital, (iv)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">authorizing the distributions of dividends and interest on shareholders&#8217; equity, (v)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">approving transactions with value exceeding five percent of our shareholders&#8217; equity, (vi)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">approving our dissolution or merger and (vii)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">the appointment of independent registered public accounting firm. Pursuant to Brazilian law, the Board of Directors must be elected by our shareholders at the general shareholders&#8217; meeting.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Members of the Board of Directors are elected for a period of two years and may be reelected.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Our bylaws require that at least </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">one third </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">of the members of our Board of Directors be independent directors, which exceeds the 20% required by the </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Novo Mercado</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> segment regulation. In addition, our bylaws set forth that the election of the members of the Board of Directors must be made through the nomination of a slate of candidates, unless cumulative voting is requested. Only the following slates of candidates will be eligible: (i)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">those nominated by the Board of Directors; or (ii)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">those nominated by any shareholder or group of shareholders. See &#8220;Item</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">4.A. Information on the Company&#8212;History and Development of the Company&#8212;New corporate governance structure&#8221; and &#8220;Exhibit 1.1&#8212;Bylaws of Ultrapar, dated as of April</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">3</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, 202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.&#8221;</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">When electing members to the Board of Directors, shareholders will be entitled to request, as required by law and our bylaws, the adoption of a cumulative voting process, provided that they do so within, at least, forty-eight hours in advance of the shareholders&#8217; meeting. The minimum percentage of capital necessary for requesting the cumulative voting process is 5% of the shares. In the event the election has been conducted by cumulative voting, the removal of any member of the Board of Directors by the shareholders&#8217; meeting shall entail the removal of the other members, giving rise to a new election. See &#8220;Exhibit 1.1&#8212;Bylaws of Ultrapar, dated as of April</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">3</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, 202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.&#8221;</span></p>
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<p style="margin: 10pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Executive Officers </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">As of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, our Board of Executive Officers was comprised of </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">seven</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> members, including our Chief Executive Officer.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> As a result of the conclusion of the sale of Oxiteno</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> on April 1, 2022</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, Mr. Parolin is no longer </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">an</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Executive Officer of Ultrapar</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">. Consequently, our</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Board of Executive Officers is comprised of six members as of the date of this annual report.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Members of Board of Executive Officers are elected for a two-year term and can be reelected. For the dates on which our executive officers began holding their respective position, see &#8220;Item 6.A. Directors, Senior Management and Employees&#8212;Directors and Senior Management</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.&#8221;</span></p>
<p style="margin: 18pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Fiscal Council</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Under </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Brazilian </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">c</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">orporate Law</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, the </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Fiscal Council is a separate corporate body independent of management and independent </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">auditors and it </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">may operate on a permanent or non-permanent basis. According to the Brazilian Corporate Law, a Fiscal Council acting on a non-permanent basis is required to be formed when requested by 10% of voting </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">shareho</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">l</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">ders</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> in an annual general shareholders&#8217; meeting. However, pursuant to CVM Instruction 324/00, in the case of Ultrapar, holders of 2% of the voting capital are entitled to request the installation of the Fiscal Council. The elected members of the Fiscal Council will remain in place only until the following annual general shareholders&#8217; meeting, in which they may be reelected by our shareholders. The Fiscal Council must meet at least four times per year. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Since its establishment, in July 2005, our Fiscal Council has been meeting on a regular basis, and in 202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">it</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">held nine meetings.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Under Brazilian Corporate Law, individuals who are members of our Board of Directors or our Board of Executive Officers or are employees or spouses or relatives of any member of our management are not eligible to serve on the Fiscal Council. To be eligible to serve on our Fiscal Council, a person must be a resident of Brazil and either hold </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">a </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">university degree or have been a Company officer or Fiscal Council member of another Brazilian company for at least three years prior to election to our Fiscal</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Council. Our Fiscal Council</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, when installed, shall have</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> the duties and obligations provided by the Brazilian Corporate Law, which includes, among others, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">the examination of </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">the statements of financial position and other financial statements periodically prepared by the Company, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">at least every three months, and the examination</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">of </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">the accounts and financial statements for the fiscal year and </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">issue</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> an opinion on them. See </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8220;Exhibit 1.1&#8212;Bylaws of Ultrapar, dated as of April</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">3</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, 202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.&#8221;</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">As set forth in our bylaws, our Fiscal Council</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> operates</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> on a non-permanent basis</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> and, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">when installed by the general shareholders&#8217; meeting</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, is</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> composed of three effective members and an equal number of alternate members. As of December 31, 2021, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">our</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fiscal Council was </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">composed of</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> M</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">r.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Fl&#225;vio Cesar Maia Luz, Mr.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Geraldo Toffanello and Mr.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">William Bezerra Cavalcanti Filho</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> as effective members</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">. These members served a term from April 2021 through April 2022.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">At the </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">annual and extraordinary general shareholders&#8217; meeting</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> held on April 13, 2022</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, Fl&#225;vio Cesar Maia Luz</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> and</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Geraldo Toffanello </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">were reelected for another term, whereas Mr. William Bezerra Cavalcanti Marinho was replaced </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">by </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Nilson Martiniano</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Moreira</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">. At the same meeting, the shareholders approved the payment of a </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">monthly</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">compensation </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">in the amount of</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> R$19,425</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.00</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> for each effective (non-alternate) member</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> of the Fiscal Council</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, except for the president of the Fiscal Council, whose compensation was set at R$29,138</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.00</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> per month.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">As of </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">the date hereof</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">the </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">composition</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> of our Fiscal Council considering both effective and alternate members is as follows</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">:</span></p>
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<td style="height: 10px; vertical-align: bottom; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;" valign="bottom"><span style="font-size: 8pt;"><span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: inline !important;">Name</span></span></td>
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<td style="padding-left: 7.2pt; vertical-align: bottom; text-align: right; height: 10px; border-bottom: 1pt solid #000000;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 8pt;">First</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 8pt;">&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 8pt;">Year</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 8pt;">&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 8pt;">of</span><br/><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 8pt;">Appointment</span></td>
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<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Fl&#225;vio Cesar Maia Luz</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">president)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">20</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">21</span></p>
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<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">M&#225;rcio Augustus Ribeiro (alternate)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2007</span></p>
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<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Geraldo Toffanello</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2017</span></p>
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<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Pedro Ozires Predeus (alternate)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2005</span></p>
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<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Nilson Martiniano Moreira</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">20</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">22</span></p>
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<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Sandra Regina de Oliveira (alternate)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2021</span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Summarized below is information regarding the business experience, areas of experience and principal outside busi</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">ness interests of the current</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> effective</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> members of our Fiscal Council.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Flavio C&#233;sar Maia Luz. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Mr. Luz was the President of the Fiscal Council of Ultrapar from 2005 to 2019, resuming his position as President of the Fiscal Council for the term of 2021 to 2022. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Mr. Luz also</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> served as Coordinator of our Audit and Risks Committee from 2019 to 2021</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">In addition, he is a member of the Board of Directors and Audit Committee Coordinator of Ser Educacional S.A. and Livetech Ind&#250;stria e Com&#233;rcio S.A. He is also a member of </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">the </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Audit Committee of Omega Energia S.A. and CTC - Centro de Tecnologia Canavieira</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> and a</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> member of the Advisory Board of Brasanitas Empresa Brasileira de Saneamento Ltda and Partner-Officer at Doing Business Consultoria Empresarial Ltda. In the last five years, Mr. Luz served as a </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">member of the Board of Directors of Marcopolo S.A., Soares Penido Obras Constru&#231;&#245;es e Investimentos S.A. and Zen Ind&#250;stria Metal&#250;rgica S.A. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Mr. Luz also served as</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> member of the Fiscal Council of Ita&#250;sa S.A.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Duratex S.A. Linx S.A and CTEEP S.A. Mr. Luz received a degree in civil engineering from Escola Polit&#233;cnica da Universidade de S&#227;o Paulo and a post-graduate degree in business administration from Escola de Administra&#231;&#227;o de Empresas de S&#227;o Paulo da Funda&#231;&#227;o Getulio Vargas. He also holds certificates of continuing education programs in Finance, Marketing Strategy, Negotiation and Mergers &amp; Acquisitions, from Harvard Business School, Stanford University, California University (Berkeley) and Wharton Business School, respectively.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Geraldo Toffanello</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Mr. Toffanello has been a member of our Fiscal Council since </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2017 and</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> served as corporate accounting director of Gerdau S.A. until 2011. He was a member of the Fiscal Council of Gerdau S.A. and Metal&#250;rgica Gerdau S.A. until April</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2021</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> and of Dimed S.A. Distribuidora de Medicamentos, and a member of the Board of Directors of Puras FO from 2012 to 2015. Mr. Toffanello served as a member of the audit and accounting standards committee of ABRASCA &#8211; Associa&#231;&#227;o Brasileira de Companhias Abertas (Brazilian Publicly Traded Companies Association) until 2010, a member of the council board of IFRS and a member of the accounting pronouncements committee &#8211; CPC. He is also a member of the Board of Directors of Parceiros Volunt&#225;rios &#8211; NGO and the founder of Luzes do Mundo Ltda. Mr. Toffanello received a degree in accounting from Faculdade Porto-Alegrense de Ci&#234;ncias Cont&#225;beis e Administrativas and a postgraduate degree in accounting from Universidade Federal do Rio Grande do Sul.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Nilson Martiniano Moreira. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Mr. Nilson Martiniano Moreira was a member of our Fiscal Council from 2016 to 2018 and a member of the Audit Committee of Banco Votorantim from 2020 to 2021. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">During 2021, he</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">was </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">the </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Risk, Compliance and Legal Director at Cateno Gest&#227;o de Contas de Pagamentos S.A. and held several executive positions at Banco do Brasil S.A. between 2006 and 2018. Mr. Moreira holds a degree in Economic Sciences from the Pontif&#237;cia Universidade Cat&#243;lica de Minas Gerais and an executive MBA from Funda&#231;&#227;o Dom Cabral.</span></p>
<p style="margin: 18pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Committees of the Board of Directors</span></p>
<p style="margin: 18pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Audit and Risks Committee</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Our bylaws</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, as approved at the Annual and Extraordinary General Shareholders&#8217; Meeting held on April 13, 2022,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">establish the audit and risks committee as an ancillary body of the Board of Directors. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Pursuant to SEC and NYSE requirements, the</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">audit and risks committee shall be comprised of at least three members</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, all of them members of the Board of Directors and </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">all </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">o</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">f them </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">independent Director</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">s</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> As required by the applicable regulations of the CVM, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">at least one member</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> shall have</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> recognized experience in corporate accounting matters.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">A single member of the audit and risks committee may </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">satisfy</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> the two above mentioned requirements.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">All members shall be elected by the Board of Directors for a term of office of two years, and the term shall coincide with the term of office of the Directors, with reelection being permitted for </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">10 years.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The audit and risks committee shall (a)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">recommend to the Board of Directors the retention and dismissal of independent audit services, as well as propose to the Board of Directors the nomination of the independent auditor and their replacement; (b)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">review the management report and the financial statements of the Company and of its controlled companies, and provide the recommendations it deems necessary to the Board of Directors; (c)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">review the quarterly financial information and the periodic financial statements prepared by the Company; (d)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">monitor the activities of the Company&#8217;s internal audit and internal controls departments, including follow-up and assessment of the effectiveness and sufficiency of the internal control structure and of the internal and independent audit processes of the Company and of its controlled companies, including in relation to the provisions set forth in the Sarbanes-Oxley Act, submitting the recommendations it deems necessary for the improvement of policies, practices and procedures; (e)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">evaluate and monitor the Company&#8217;s risk exposure per the Risk Management Policy, as well as provide its opinion on any review of the contents thereof, in addition to advising the Board of Directors in connection with the setting of acceptable risk levels; (f)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">establish procedures for the acceptance and handling of information submitted by any party relating to alleged noncompliance with applicable legal and regulatory requirements applicable to the Company, in addition to internal regulations, policies and codes, including procedures for confidential or anonymous submission, safeguarding information secrecy; (g)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">interact with the other Company&#8217;s governing bodies in connection with the receipt and review of information on noncompliance with legal and regulatory requirements applicable to the Company, as well as with internal regulations; and (h)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">provide its opinion on the matters submitted to it by the Board of Directors, as well as on those matters it determines to be relevant. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">As of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, Ms.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ana Paula Vitali Janes Vescovi</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (who also acts as coordinator of the committee)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, Mr.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Jo</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">rge Marques de Toledo Camargo</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> and Mr.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Jos&#233; Maur&#237;cio Pereira Coelho were members of the audit and risks committee appointed </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">by our</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Board of Directors at </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">its</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">meeting held on </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">April, 14, 2021</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, for a two-year term, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">which term coincides</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">with the term of office of the Directors. See &#8220;Exhibit 1.1&#8212;Bylaws of Ultrapar, dated as of April</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">3</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, 202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.&#8221;</span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">As of the date </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">of this annual report</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, the composition of our audit and risks committee is as follows:</span></p>
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<td style="height: 10px; vertical-align: bottom; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;" valign="bottom"><span style="font-size: 8pt; font-weight: bold;"><span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: inline !important;">Name</span></span></td>
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<td style="padding-left: 7.2pt; vertical-align: bottom; text-align: right; height: 10px; border-bottom: 1pt solid #000000;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 8pt;">First</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 8pt;">&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 8pt;">Year</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 8pt;">&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 8pt;">of</span><br/><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 8pt;">Appointment</span></td>
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<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ana Paula Vitali Janes Vescovi</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2019</span></p>
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<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Jorge Marques de Toledo Camargo</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">2021</span></p>
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<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Jos&#233; Maur&#237;cio Pereira Coelho</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">2019</span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Although our bylaws only require a majority of independent directors, all</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">members </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">of our audit and risks committee meet</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> the applicable independent membership requirements </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">of</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">the SEC and the NYSE. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">For information </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">regarding the business experience, areas of experience and principal outside business interests of the current </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">members of our audit and risk</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">s</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> committee</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, see &#8220;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">A. Directors and Senior Management</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Board of Directors.&#8221;&#160;</span></p>
<p style="margin: 18pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">People Committee </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Our bylaws establish the people committee as an ancillary body of the Board of Directors. The people committee shall</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">comprise </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">mostly</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Directors, with at least two independent Directors, and its duties shall be as follows:</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (a)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">pursuant to the proposal received from the Chief Executive Officer, propose to the Board of Directors and periodically revise the parameters and guidelines of a remuneration and benefits framework to directors, executive officers and senior employees of the Company and subsidiaries, and members of the committees and other governing bodies assisting the Board of Directors, (b)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">propose to the Board of Directors, pursuant to the proposal received from the Chief Executive Officer, the overall compensation of the directors and executive officers of the Company, which shall be submitted to the shareholders&#8217; meeting, and propose the individual compensation of the Board of Executive Officers; (c)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">ensure that the Company prepares itself adequately for the succession of its directors, executive officers and other key employees, particularly the Chief Executive Officer and the principal executive officers; and (d)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">carry out diligence and supervise the steps taken to ensure that the Company adopts a model of competence and leadership, attraction, retention and motivation in line with its strategic plans. As approved at the extraordinary and annual </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">general shareholders&#8217; meeting </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">held on April</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">10, 2019, the denomination of such committee was modified from the people and organization to the people committee. In addition, the composition of such committee was modified to determine that it shall be comprised of at least three members, of which at least two must be independent directors. See &#8220;Exhibit 1.1&#8212;Bylaws of Ultrapar, dated as of April</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">3</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.&#8221;&#160;</span></p>
<p style="margin: 12pt 0pt 5pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The people committee was installed by the Board of Directors at the meeting held on November</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">9, 2011. As of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Mr.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Jos&#233; Gall&#243; (who also acts as coordinator of the committee), Mr.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Lucio de Castro Andrade Filho, Mr. Alexandre Teixeira de Assump&#231;&#227;o Saigh and Mr. Jos&#233; Luiz Alqu&#233;res</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> were members of the people committee as appointed by the Board of Directors at the meeting held on </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">April 14, 2021</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> for a two-year term, that coincide with the term of office of the Directors. See &#8220;Exhibit 1.1&#8212;Bylaws of Ultrapar, dated as of April</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">3</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, 202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.&#8221;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">With the retirement of </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Mr.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Lucio de Castro Andrade Filho, Mr. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Frederico Pinheiro Fleury Curado was appointed to replace him at the </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">committee</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> as of January 3, 2022</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span></p>
<p style="margin: 18pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Strategy Committee </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Our bylaws establish the strategy committee as an ancillary body of the Board of Directors. The strategy committee shall be comp</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">o</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">sed </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">mostly </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">of</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Directors and its duties shall be as follows: (a)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">to advise the Board of Directors in overall business direction, as well as in the drafting and monitoring of the Company&#8217;s strategic plans and budgets; (b)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">to provide its opinion on, and monitor, the Company&#8217;s strategic partnerships and main investments, as provided in the Investment Policy; and (c)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">to provide its opinion on the capital allocation strategy and on the management of the Company&#8217;s portfolio, including mergers and acquisitions. </span></p>
<p style="margin: 12pt 0pt 5pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">As of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, Mr.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Pedro Wongtschowski</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (who also acts as coordinator of the committee)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, Ms.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Fl&#225;via Buarque de Almeida, Mr.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Jorge Marques de Toledo Camargo and Mr.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Marcos Marinho Lutz</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> were members of the strategy committee appointed by the Board of Directors at the meeting held on </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">April</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 14, 2021</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, for a two-year term, that coincide with the term of office of the Directors. See &#8220;Exhibit 1.1&#8212;Bylaws of Ultrapar, dated as of April</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">3</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, 202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.&#8221;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Considering that Mr. Marcos Marinho Lutz was appointed as Chief Executive Officer of the Company as of January 3, 2022, he is no longer member of the </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Strategy </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Committee. To occupy the position, the Board elected Mr. Frederico Pinheiro Fleury Curado </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">in a meeting held on </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">February 23, 2022</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span></p>
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<p style="margin: 12pt 0pt 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Corporate Governance </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">We are incorporated under the laws of Brazil and we are subject to Brazilian laws related to corporate governance. Under Brazilian Corporate Law, there are no legal requirements with respect to corporate governance regarding (i)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">meetings of non-management directors, (ii)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">the mandatory establishment and composition of certain board committees or (iii)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">the adoption and disclosure of corporate governance guidelines or codes of business conduct and ethics. As a non-U.S. issuer, we are exempt from adopting certain NYSE corporate governance requirements. However, we aim to ensure that best practices, recommendations and standards of corporate governance are employed in our functioning and operations. As of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 2020, we had adopted </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">corporate governance practices, such as the requirement that at least 30% of the members of the Board of Directors be independent, the implementation of a code of ethics for Ultra S.A., Parth, senior officers and all employees, and the implementation of the strategy, people and audit and risks committees. According to our bylaws, the Fiscal Council will act on a non-permanent basis and will be installed when requested by our shareholders as set forth in Brazilian Corporate Law.&#160;</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">In 2000, B3 introduced three special listing segments, known as Levels 1 and 2 of Differentiated Corporate Governance Practices and </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Novo Mercado</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, which seek to foster a secondary market for securities issued by Brazilian companies with securities listed on B3, by requiring such companies to follow good practices of corporate governance. The listing segments were designed for the trading of shares issued by companies voluntarily abiding by corporate governance practices and disclosure requirements in addition to those already imposed by Brazilian Corporate Law. These rules generally increase shareholders&#8217; rights and enhance the disclosure of information provided to shareholders. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">In 2005, we entered into an agreement with B3 and have complied with the requirements to become a Level</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1 Company, which is the entrance level of the Differentiated Corporate Governance Practices of B3. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">In 2011, the extraordinary general shareholders&#8217; meeting and the special preferred shareholders&#8217; meeting approved the conversion of each preferred share into one common voting share, the migration of Ultrapar to </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Novo Mercado</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> segment of B3 and amendments to our bylaws. See &#8220;Exhibit 2.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">5</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;Rules of </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Novo Mercado</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.&#8221;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">In 2017, new Listing Rules for the </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Novo Mercado</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> were approved by the CVM and became effective as of January</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2, 2018. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Some of the modifications of the </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Novo Mercado</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Listing Rules may be adopted until the General Shareholders Meeting of 2022, which include the following requirements: (i)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">set up an audit committee (statutory or non-statutory); (ii) structure and disclose a process of assessment of the Board of Directors, its committees and the executive officers; (iii)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">establish and disclose of a Code of Conduct, as well as a Compensation Policy, a Nomination Policy for the Board of Directors, its Committees and Executive Officer, a Risk Management Policy, a Related Party Transaction Policy and a Securities Trading Policy, all of them with minimum requirements. As of the date of this annual report, we are in full compliance with such rules.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Our bylaws are already adapted to the listing requirements of </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Novo Mercado</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">. In addition, we have provisions that exceed such requirements. For example, according to the rules of </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Novo Mercado</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> the minimum percentage of independent members of the Board of Directors is set at 20%, while a minimum of one third is required in our bylaws. Our bylaws also establish a mandatory tender offer for 100% of the Company&#8217;s shareholders in the event a shareholder, or a group of shareholders acting in concert, acquire or become holder of 20% of the Company&#8217;s shares, excluding treasury shares. Our bylaws do not establish any limitation on voting rights, special treatment to current shareholders, public tender offers for a price above that of the acquisition price of shares or any other poison pill provisions, thus assuring the effectiveness of a majority shareholders&#8217; approval on all matters to be deliberated. See &#8220;Exhibit</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1.1&#8212;Bylaws of Ultrapar, dated as of April</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">13, 2022</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.&#8221;</span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Not applicable. </span></p>
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<p style="margin: 0pt 0pt 0pt 24.5pt; page-break-after: avoid; text-indent: -24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160;</span></p>
<p style="margin: 0pt 0pt 0pt 24.5pt; page-break-after: avoid; text-indent: -24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">D.</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Employees</span></p>
<p style="margin: 6pt 0pt 0pt; page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">As of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 2021, we had 16,442 employees</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> considering both our continuing and discontinued operations</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> The following table sets forth our number of employees per line of business at the dates indicated: </span></p>
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</tr>
<tr style="height: 17px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; text-align: left; height: 17px;" colspan="2"><br/></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; text-align: center; border-bottom: 1px solid #000000;" colspan="8"><span style="font-size: 8pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: center; font-family: 'Times New Roman'; font-weight: bold;">As of December</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: center; font-family: 'Times New Roman'; font-weight: bold;">&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: center; font-family: 'Times New Roman'; font-weight: bold;">31,</span></span></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; text-align: center;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; text-align: left; height: 17px;" colspan="2"><br/></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; text-align: center; border-bottom: 1px solid #000000;" colspan="8"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Number of employees</span></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; text-align: center;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; text-align: left; height: 17px;" colspan="2"><br/></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; text-align: center; border-bottom: 1px solid #000000;" colspan="2"><span style="font-weight: bold; font-size: 8pt;">2021</span></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; text-align: right; height: 17px;"><br/></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; text-align: center; border-bottom: 1px solid #000000;" colspan="2"><span style="font-weight: bold; font-size: 8pt;">2020</span></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; text-align: right; height: 17px;"><br/></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; text-align: center; border-bottom: 1px solid #000000;" colspan="2"><span style="font-weight: bold; font-size: 8pt;">2019</span></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; text-align: center;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 10px; text-align: left; background-color: #cceeff; width: 67%;" colspan="2"><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-weight: bold;">Continuing operations</span></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 10px; text-align: right; background-color: #cceeff; width: 10%;" colspan="2"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">8,858</span></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; text-align: right; height: 10px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 10px; text-align: right; background-color: #cceeff; width: 10%;" colspan="2"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">8,174</span></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; text-align: right; height: 10px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 10px; text-align: right; background-color: #cceeff; width: 10%;" colspan="2"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">7,888</span></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; text-align: right; background-color: #cceeff; width: 1%;"><br/></td>
</tr>
<tr style="height: 18px;">
<td colspan="2" style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 18px;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-indent: 11pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Holding</span></p>
</td>
<td colspan="2" style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 18px;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right; text-indent: 11pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">455</span></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 18px;"><br/></td>
<td colspan="2" style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 18px;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right; text-indent: 11pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">405</span></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 18px;"><br/></td>
<td colspan="2" style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 18px;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right; text-indent: 11pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">393</span></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td colspan="2" style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 18px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-indent: 11pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ultragaz</span></p>
</td>
<td colspan="2" style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 18px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right; text-indent: 11pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">3,387</span></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 18px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 18px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right; text-indent: 11pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">3,397</span></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 18px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 18px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right; text-indent: 11pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">3,414</span></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 18px;">
<td colspan="2" style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 18px;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-indent: 11pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ultracargo</span></p>
</td>
<td colspan="2" style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 18px;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right; text-indent: 11pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">870</span></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 18px;"><br/></td>
<td colspan="2" style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 18px;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right; text-indent: 11pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">926</span></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 18px;"><br/></td>
<td colspan="2" style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 18px;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right; text-indent: 11pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">792</span></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td colspan="2" style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 18px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-indent: 11pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ipiranga</span></p>
</td>
<td colspan="2" style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 18px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right; text-indent: 11pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">4,008</span></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 18px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 18px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right; text-indent: 11pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">3,378</span></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 18px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 18px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right; text-indent: 11pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">3,289</span></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 18px;">
<td colspan="2" style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 18px;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-indent: 11pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">a</span><span style="font-family: 'Times New Roman';">bastece ai</span></span></p>
</td>
<td colspan="2" style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 18px;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right; text-indent: 11pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">138</span></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 18px;"><br/></td>
<td colspan="2" style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 18px;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right; text-indent: 11pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">68</span></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 18px;"><br/></td>
<td colspan="2" style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 18px;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right; text-indent: 11pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">-</span></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td colspan="2" style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 18px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-indent: 0px; text-align: start; color: #000000;"><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-weight: bold;"><span>Descontinued</span><span> operations</span></span></p>
</td>
<td colspan="2" style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 18px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right; text-indent: 11pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">7,584</span></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 18px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 18px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right; text-indent: 11pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">7,772</span></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 18px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 18px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right; text-indent: 11pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">8,136</span></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 18px;">
<td colspan="2" style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 18px;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-indent: 11pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Oxiteno</span></p>
</td>
<td colspan="2" style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 18px;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right; text-indent: 11pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">1,871</span></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 18px;"><br/></td>
<td colspan="2" style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 18px;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right; text-indent: 11pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">1,851</span></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 18px;"><br/></td>
<td colspan="2" style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 18px;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right; text-indent: 11pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">1,844</span></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td colspan="2" style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 18px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-indent: 11pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Extrafarma</span></p>
</td>
<td colspan="2" style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 18px; background-color: #cceeff; border-bottom: 1px solid #000000;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right; text-indent: 11pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">5,713</span></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 18px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 18px; background-color: #cceeff; border-bottom: 1px solid #000000;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right; text-indent: 11pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">5,921</span></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 18px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 18px; background-color: #cceeff; border-bottom: 1px solid #000000;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right; text-indent: 11pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">6,292</span></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 13px;">
<td colspan="2" style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 13px;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-indent: 0px; text-align: start; color: #000000;"><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-weight: bold;">Ultrapar</span></p>
</td>
<td colspan="2" style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 13px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right; text-indent: 11pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">16,442</span></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 13px;"><br/></td>
<td colspan="2" style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 13px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right; text-indent: 11pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">15,946</span></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 13px;"><br/></td>
<td colspan="2" style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 13px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right; text-indent: 11pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">16,024</span></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle;"><br/></td>
</tr>
</tbody>
</table>
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td style="border-bottom: 1pt solid #000000; width: 10%;"><br/></td>
<td style="width: 90%;"><br/></td>
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<td style="width: 3.77351%;"><span style="font-size: 8pt;">(1)</span></td>
<td style="width: 96.2265%;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 8pt;"><span>&#160;</span></span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 8pt;">Includes personnel relating to holding company and head office functions.</span></td>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ultrapar&#8217;s employees are covered by collective agreements with the labor unions that represent different industry sectors: Ultragaz in the gas and oil products sectors; Ipiranga in the fuel distribution sector; Oxiteno in the chemicals sector; Ultracargo in the storage sector; Extrafarma in the retail pharmacy business; and Holding and </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">a</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">bastece a&#237; in the trade union of accounting service companies since January 2020. All agreements, signed between the companies and labor unions of each sector, addresses social, financial, labor union and labor relations issues</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.&#160; &#160; &#160;</span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">In 2001, our Board of Directors approved the adoption of a defined contribution pension plan to be sponsored by Ultrapar and each of its subsidiaries. Participating employees have been contributing to this plan, managed by Ultraprev&#8212;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Associa&#231;&#227;o de Previd&#234;ncia Complementar</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, since 2001. Under the terms of the plan, every year each participating employee chooses his or her basic contribution to the plan. Each sponsoring company provides a matching contribution in an amount equivalent to each basic contribution, up to a limit of 11% of the employee&#8217;s base salary, according to the rules of the plan. As participating employees retire, they may choose to receive either (i)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">a monthly sum ranging between 0.3% and 1.0% of their respective contribution (including accumulated funds) in Ultraprev or (ii)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">a fixed monthly amount which will exhaust their respective contribution (including accumulated funds) over a period of 5 to 35 years. The sponsoring company does not guarantee the amounts, or the duration of the benefits received by each employee that retires. The total number of participating employees as of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> was 7,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">188</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.&#160; &#160; &#160;</span></p>
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<p style="margin: 2pt 0pt 0pt 24.4pt; page-break-after: avoid; text-indent: -24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">E.</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160; &#160; &#160; &#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Share Ownership </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">In accordance with our bylaws, our common shares are our sole class of capital stock authorized and outstanding. They entitle their holders to voting rights on any matter. See &#8220;Item</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">6.C. Directors, Senior Management and Employees&#8212;Board Practices&#8212;Corporate Governance</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.&#8221;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">On April</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">10, 2019, the extraordinary and annual general shareholders&#8217; meeting approved a stock split of the shares issued by Ultrapar, so that each share </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">was replaced </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">by two shares of the same class and type, and Ultrapar&#8217;s capital stock became composed of 1,112,810,192</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> common shares</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">. The stock split </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">did</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> not involve any change in the capital stock, therefore being no alteration in the financial amount and shareholder participation in the Company&#8217;s capital stock. The share split was implemented on April</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">24, 2019, which was also the date that the corresponding stock split of our American Depositary Shares was implemented.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">133</span></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Since February 2020, the Company&#8217;s Board of Directors confirmed the issuance of 2,341,416 common shares, w</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">ithin the authorized capital limit provided by the </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Article</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 6 of the</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> our</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Bylaws, due to the</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">partial exercise of the rights conferred by the subscription warrants issued by the Company </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">as a result of </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">the merger of all Extrafarma shares </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">into</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> the Company</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> as</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> approved by the extraordinary general</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">meeting held </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">on</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">January 31, 2014.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> For more information about these subscription warrants, see note 25 to our consolidated financial statements. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">As of </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">the date of this annual report</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, our subscribed and paid-in capital stock consisted of 1,115,1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">51</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">608</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> common shares, all of which have equal voting and equity rights</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.&#160; &#160;&#160;</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The table below sets forth the number of our common shares beneficially </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">owned, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">as of the date of this annual report</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, by</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> each of our current directors and executive officers</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">including through their participation in Ultra S.A.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">:</span></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 12pt;">&#160;</span></p>
<table cellpadding="0" style="height: 262px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; text-indent: 0px; width: 100%; margin-left: 0.1px;" width="100%">
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<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; text-align: center; border-bottom: 1pt solid #000000;" colspan="3"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Total</span></td>
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<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; text-align: center; border-bottom: 1pt solid #000000;"><span style="font-size: 8pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Common</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Shares</span></span></td>
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<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; text-align: center; border-bottom: 1pt solid #000000;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">%</span></td>
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<p style="margin: 0px; break-after: avoid; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Board of Directors</span></p>
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<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 11%;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
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<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;">
<p style="margin: 0px; break-after: avoid; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Pedro Wongtschowski</span><span style="font-family: 'Times New Roman'; font-size: 5.67pt; vertical-align: super;">(1)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
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<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">4,869,576</span></p>
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<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">0.4%</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
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<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Frederico Pinheiro Fleury Curado</span><span style="font-family: 'Times New Roman'; font-size: 5.67pt; vertical-align: super;">(</span><span style="font-family: 'Times New Roman'; font-size: 5.67pt; vertical-align: super;">4</span><span style="font-family: 'Times New Roman'; font-size: 5.67pt; vertical-align: super;">)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">383.700</span></p>
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<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">0.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">0</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">%</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"><br/></td>
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<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Alexandre Teixeira de Assump&#231;&#227;o Saigh</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
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<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">0.0%</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
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<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ana Paula Vitali Janes Vescovi</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
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<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span></p>
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<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">0.0%</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"><br/></td>
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<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Fl&#225;via Buarque de Almeida</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">0.0%</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Jorge Marques de Toledo Camargo</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">0.0%</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Jos&#233; Gallo</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">0.0%</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Jos&#233; Luiz Alqu&#233;res</span><span style="font-family: 'Times New Roman'; font-size: 5.67pt; vertical-align: super;">(</span><span style="font-family: 'Times New Roman'; font-size: 5.67pt; vertical-align: super;">3</span><span style="font-family: 'Times New Roman'; font-size: 5.67pt; vertical-align: super;">)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">0.0%</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Jos&#233; Maur&#237;cio Pereira Coelho</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">0.0%</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ot&#225;vio Lopes Castello Branco Neto</span><span style="font-family: 'Times New Roman'; font-size: 5.67pt; vertical-align: super;">(</span><span style="font-family: 'Times New Roman'; font-size: 5.67pt; vertical-align: super;">3</span><span style="font-family: 'Times New Roman'; font-size: 5.67pt; vertical-align: super;">)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">0.0%</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Executive Officers</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Marcos Marinho Lutz</span><span style="font-family: 'Times New Roman'; font-size: 5.67pt; vertical-align: super;">(</span><span style="font-family: 'Times New Roman'; font-size: 5.67pt; vertical-align: super;">1</span><span style="font-family: 'Times New Roman'; font-size: 5.67pt; vertical-align: super;">)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 0px; vertical-align: top; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">12,709,568</span></p>
</td>
<td style="padding-left: 0px; vertical-align: top; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: top; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">1.1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">%</span></p>
</td>
<td style="padding-left: 0px; vertical-align: top; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Rodrigo</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> de </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Almeida Pizzinatto</span><span style="font-family: 'Times New Roman'; font-size: 5.67pt; vertical-align: super;">(</span><span style="font-family: 'Times New Roman'; font-size: 5.67pt; vertical-align: super;">4</span><span style="font-family: 'Times New Roman'; font-size: 5.67pt; vertical-align: super;">)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">492,589</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">0.0%</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">D&#233;cio de Sampaio Amaral</span><span style="font-family: 'Times New Roman'; font-size: 5.67pt; vertical-align: super;">(</span><span style="font-family: 'Times New Roman'; font-size: 5.67pt; vertical-align: super;">4</span><span style="font-family: 'Times New Roman'; font-size: 5.67pt; vertical-align: super;">) </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160; &#160; &#160; &#160; </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">159,161</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">0.0%</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Marcelo Pereira Malta de Ara&#250;jo</span><span style="font-family: 'Times New Roman'; font-size: 5.67pt; vertical-align: super;">(</span><span style="font-family: 'Times New Roman'; font-size: 5.67pt; vertical-align: super;">2</span><span style="font-family: 'Times New Roman'; font-size: 5.67pt; vertical-align: super;">) (</span><span style="font-family: 'Times New Roman'; font-size: 5.67pt; vertical-align: super;">4</span><span style="font-family: 'Times New Roman'; font-size: 5.67pt; vertical-align: super;">)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">371,117</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">0.0%</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Tabajara Bertelli Costa</span><span style="font-family: 'Times New Roman'; font-size: 5.67pt; vertical-align: super;">(</span><span style="font-family: 'Times New Roman'; font-size: 5.67pt; vertical-align: super;">4</span><span style="font-family: 'Times New Roman'; font-size: 5.67pt; vertical-align: super;">)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">420,000</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">0.0%</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Leonardo Remi&#227;o Linden</span><span style="font-family: 'Times New Roman'; font-size: 5.67pt; vertical-align: super;">(</span><span style="font-family: 'Times New Roman'; font-size: 5.67pt; vertical-align: super;">4</span><span style="font-family: 'Times New Roman'; font-size: 5.67pt; vertical-align: super;">)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom: 1pt solid #000000;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">201,900</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">0.0%</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: bottom; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Board of Directors and Executive Officers</span><span style="font-family: 'Times New Roman'; font-size: 5.67pt; vertical-align: super;">(5)</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">19,607,611</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">1.8</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">%</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: bottom; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; border-bottom: 2.8pt double #000000;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">1,115,1</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">51,608</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">100%</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
<table style="font-size: 10pt; width: 100%; margin-left: 0.1px; font-family: 'times new roman';">
<tbody>
<tr>
<td style="border-bottom: 1pt solid #000000; width: 10%;"><br/></td>
<td style="width: 90%;"><br/></td>
</tr>
</tbody>
</table>
<table style="width: 100%; margin-left: 0.1px; height: 119px; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr style="height: 17px;">
<td style="width: 3.63859%; height: 17px; padding: 0px; vertical-align: top; text-align: center;" valign="top"><span style="font-size: 8pt;">(1)</span></td>
<td style="width: 96.3614%; height: 17px; padding: 0px; vertical-align: top;" valign="top"><span style="font-size: 8pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Individuals who beneficially own shares primarily through their participation in the holding company Ultra S.A. See &#8220;Item 7.A. Major Shareholders and Related Party Transactions&#8212;Major Shareholders</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">.&#8221;</span></span></td>
</tr>
<tr style="height: 17px;">
<td style="width: 3.63859%; height: 17px; padding: 0px; vertical-align: top; text-align: center;" valign="top"><span style="color: #000000; font-family: 'times new roman', times; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(2)</span></td>
<td style="width: 96.3614%; height: 17px; padding: 0px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Individual who owns shares through an exclusive fund.</span></td>
</tr>
<tr style="height: 17px;">
<td style="width: 3.63859%; height: 17px; padding: 0px; vertical-align: top; text-align: center;" valign="top"><span style="color: #000000; font-family: 'times new roman', times; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(3)</span></td>
<td style="width: 96.3614%; height: 17px; padding: 0px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Members of the Board of Directors elected for their first term at the annual general shareholders&#8217; meeting held in April 2021.</span></td>
</tr>
<tr style="height: 17px;">
<td style="width: 3.63859%; height: 17px; padding: 0px; vertical-align: top; text-align: center;" valign="top"><span style="color: #000000; font-family: 'times new roman', times; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(4)</span><br/></td>
<td style="width: 96.3614%; height: 17px; padding: 0px; vertical-align: top;" valign="top"><span style="font-size: 8pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Executives who were granted shares through the Deferred Stock Plan</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">.</span></span></td>
</tr>
<tr style="height: 17px;">
<td style="width: 3.63859%; height: 17px; padding: 0px; vertical-align: top; text-align: center;" valign="top"><span style="color: #000000; font-family: 'times new roman', times; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(5)</span></td>
<td style="width: 96.3614%; height: 17px; padding: 0px; vertical-align: top;" valign="top"><span style="font-size: 8pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Do</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">es not include&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">common&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">shares&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">owned by Mr. Lucio de Castro Andrade&#160;Filho&#160;and Mr.&#160;Jo&#227;o&#160;Benjamin&#160;Parolin. Both were compensated by the Company in 2021 but ceased to exercise its executive positions in 2022.</span></span></td>
</tr>
</tbody>
</table>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Since 2003, Ultrapar has adopted stock-based compensation plans to certain executives. For more information about these plans, see </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8220;Item </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">6</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.B. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Directors</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">senior management</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">and employees</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Compensation</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8221;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> and note 9.c to our consolidated financial statements.&#160; </span></p>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div style="margin: 0px; text-indent: 0px;">
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">134</span></td>
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</tbody>
</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<div style="margin: 18pt 0pt 0pt 61.2pt; page-break-after: avoid; text-indent: -55.1pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">ITEM</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">7.</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160; &#160; &#160; &#160; &#160; &#160; </span><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" id="BK_I4GI5NYHOG00000000000000000000" class="customBookmark"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS </span></a></div>
<p style="margin: 6pt 0pt 0pt 24.5pt; page-break-after: avoid; text-indent: -24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">A.</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160; &#160; &#160;&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Major Shareholders </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The table below shows the capital stock of Ultrapar </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">as of the date of this annual report</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">:</span></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 12pt;">&#160;</span></p>
<table cellpadding="0" style="height: 163px; border-collapse: collapse; margin: 0px 0px 0px 0.1px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="vertical-align: bottom; text-align: center; border-bottom: 1px solid #000000; height: 17px;" colspan="3"><span style="font-weight: bold; font-size: 8pt;">Total</span></td>
<td style="vertical-align: bottom; text-align: center; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; text-align: center;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 8pt;">Common</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 8pt;">&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 8pt;">Shares</span></td>
<td style="vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; text-align: center;"><br/></td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom: 1px solid #000000; text-align: center;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">%</span></td>
<td style="vertical-align: bottom; margin: 0px; text-indent: 0px; text-align: center; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Shareholders</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px; width: 76%;">
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ultra S.A. Participa&#231;&#245;es</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160; &#160; &#160; &#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 11%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">279,593,690</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 1%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 11%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">25%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; width: 1%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: top; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Parth do Brasil Participa&#231;&#245;es</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">85,667,912</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">8%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Canada Pension Plan Investment Board</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">56,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">341,152</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">5%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">BlackRock, Inc.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">55,813,586</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">5%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Shares held in treasury</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">26,497,864</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">2</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Others</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">611,237,404</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">55</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">1,115,151,608</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">100%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
<p style="margin: 12pt 0pt 0pt; break-after: avoid; text-indent: 24.4pt;"><span><span style="font-family: 'Times New Roman'; font-size: 10pt;">On September 9, 2020, Ultrapar was notified by </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ultra S.A. Participa&#231;&#245;es</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">it surpassed the 25% threshold and reached a relevant ownership position of 25.08% of the total</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">ordinary shares issued by Ultrapar, totaling 279,593,690 shares. The increase in its position</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">reflects the completion of the capital subscription of </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ultra S.A. Participa&#231;&#245;es</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">capital stock by P&#225;tria Private</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Equity VI FIP Multiestrat&#233;gia</span></span><span style="font-family: 'Times New Roman'; font-size: 10pt; margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span>.&#160;</span>&#160;</span></p>
<p style="margin: 12pt 0pt 0pt; break-after: avoid; text-indent: 24.4pt;"><span style="break-after: avoid;"><span>On November 22, 2021, Ultrapar </span><span>was notified by Canada Pension Plan Investment Board that it reached an</span><span> </span><span>aggregate ownership position of 5.03% of common shares issued by Ultrapar as of</span><span> </span><span>November 17, 2021, amounting to 56,084,095 shares.</span><span> </span><span>Canada Pension Plan Investment Board also informed that between the achievement of the relevant negotiation and the</span><span> announcement date</span><span>, it acquired another 257,057 shares, </span><span>totaling</span><span> 56,341,152 shares. </span></span></p>
<p style="margin: 18pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Ownership and Capital Structure of Ultra S.A. Participa&#231;&#245;es and Parth do Brasil Participa&#231;&#245;es&#160;&#160;</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">As of </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">the date of this annual report</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, Ultra S.A. and Parth owned approximately </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">26</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">% and 8%, respectively, of Ultrapar&#8217;s voting shares</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">As of the date of this annual report</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, the</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> capital stock of Ultra S.A. and Parth were beneficially owned as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">135</span></td>
</tr>
</tbody>
</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 12pt;">&#160;</span></p>
<table cellpadding="0" style="height: 197px; border-collapse: collapse; margin-top: 0px; margin-bottom: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; margin-left: 0px;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="vertical-align: bottom; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Ultra S.A.</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; border-bottom-width: 1px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; padding: 0px; text-align: center; height: 17px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: center; height: 17px; border-bottom: 1px solid #000000;" colspan="3"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Total</span></td>
<td style="padding: 0px; vertical-align: bottom; text-align: center; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; padding: 0px; text-align: center; height: 17px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: center; height: 17px; border-bottom: 1px solid #000000;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Shares</span></td>
<td style="padding: 0px; vertical-align: bottom; text-align: center; height: 17px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: center; height: 17px; border-bottom: 1px solid #000000;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">%</span></td>
<td style="padding: 0px; vertical-align: bottom; text-align: center; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Shareholders</span></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px; width: 76%;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">P&#225;tria Private Equity VI FIP Multiestrat&#233;gia</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; text-align: right; width: 11%;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">18,958,000</span></td>
<td style="padding-left: 7.2pt; vertical-align: middle; text-align: center; height: 17px; width: 1%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; text-align: right; width: 11%;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">20%</span></td>
<td style="padding-left: 7.2pt; vertical-align: middle; text-align: right; height: 17px; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Fabio Igel</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">17,584,366</span></td>
<td style="padding-left: 7.2pt; vertical-align: middle; text-align: center; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">19</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">%</span></td>
<td style="padding-left: 7.2pt; vertical-align: middle; background-color: #cceeff; text-align: right; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ana Maria Levy Villela Igel</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">11,778,826</span></td>
<td style="padding-left: 7.2pt; vertical-align: middle; text-align: center; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">%</span></td>
<td style="padding-left: 7.2pt; vertical-align: middle; text-align: right; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Christy Participa&#231;&#245;es LTDA</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">9,039,643</span></td>
<td style="padding-left: 7.2pt; vertical-align: middle; text-align: center; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">10%</span></td>
<td style="padding-left: 7.2pt; vertical-align: middle; background-color: #cceeff; text-align: right; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Marcia Igel Joppert</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">6,261,252</span></td>
<td style="padding-left: 7.2pt; vertical-align: middle; text-align: center; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">7</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">%</span></td>
<td style="padding-left: 7.2pt; vertical-align: middle; text-align: right; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Joyce Igel de Castro Andrade</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">5,798,377</span></td>
<td style="padding-left: 7.2pt; vertical-align: middle; text-align: center; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; background-color: #cceeff; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">6</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">%</span></td>
<td style="padding-left: 7.2pt; vertical-align: middle; background-color: #cceeff; text-align: right; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Others</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">19,409,588</span></td>
<td style="padding-left: 7.2pt; vertical-align: middle; text-align: center; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">20</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">%</span></td>
<td style="padding-left: 7.2pt; vertical-align: middle; text-align: right; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: bottom; height: 10px; background-color: #cceeff; padding: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Subtotal</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 2.8pt double #000000; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">88,830,052</span></td>
<td style="padding: 0px; vertical-align: bottom; text-align: center; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 2.8pt double #000000; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">94%</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; text-align: right; height: 10px;"><br/></td>
</tr>
</tbody>
</table>
<table cellpadding="0" style="height: 57px; border-collapse: collapse; margin-top: 0px; margin-bottom: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; margin-left: 0px;" width="100%">
<tbody>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: top; height: 10px; background-color: #ffffff; margin-left: 0.1px; width: 76%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Directors and officers</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #ffffff; margin-left: 0.1px; width: 11%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #ffffff; margin-left: 0.1px; width: 1%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #ffffff; margin-left: 0.1px; width: 11%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #ffffff; margin-left: 0.1px; width: 1%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: top; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Marcos Marinho Lutz</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160; &#160; &#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">4,308,855</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">5</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: top; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Pedro Wongtschowski</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160; </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1,650,918</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total directors and officers</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">5,959,773</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">6%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">94,789,825</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">100%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
</tbody>
</table>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 12pt;">&#160;</span></p>
<table cellpadding="0" style="height: 118px; border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Parth</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; padding: 0px; height: 17px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; text-align: center; border-bottom: 1px solid #000000;" colspan="3"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Total</span></td>
<td style="padding: 0px; vertical-align: bottom; text-align: center; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; padding: 0px; height: 17px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; text-align: center; border-bottom: 1px solid #000000;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Shares</span></td>
<td style="padding: 0px; vertical-align: bottom; text-align: center; height: 17px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; text-align: center; border-bottom: 1px solid #000000;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">%</span></td>
<td style="padding: 0px; vertical-align: bottom; text-align: center; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 76%;">
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">Shareholders</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 11%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 11%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt;">&#160;</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: top; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Jennings Luis Igel Hoffenberg</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">61,788,141</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">36%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: top; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Pedro Igel de Barros Salles</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">59,144,754</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">34%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: top; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Bettina Igel Hoffenberg</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">42,267,183</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">24%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: top; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Venus Quartz LLC</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160; &#160; &#160; &#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">9,595,506</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">6%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total Shareholders</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">172,795,584</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">100%</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
</tbody>
</table>
<p style="margin: 0px; break-after: avoid; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">&#160;</span></p>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">136</span></td>
</tr>
</tbody>
</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 0px; break-after: avoid; text-indent: 0px;"><br/></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Shareholders&#8217; Agreements </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">On May</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2, 2018, Ultra S.A. and Parth executed a shareholders&#8217; agreement to set forth a set of rules to govern the relationship between these two shareholders. This 2018 Shareholders&#8217; Agreement replaced the Ultra S.A. shareholders&#8217; agreement executed in 2014 and should be in force for a period of five years, automatically renewable for a further period of five years, except if a termination notice is sent by one party to the other up to six (6)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">months before the end of its term.&#160;</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The 2018 shareholders agreement&#8217;s main terms were substantially related to (i)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">how Ultra S.A., Parth and its shareholders should vote at Ultrapar&#8217;s shareholders meetings; (ii)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">procedures to exchange any party&#8217;s shares in Ultra S.A. or in Parth for shares of Ultrapar; and (iii)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">procedures applicable to the exercise of right of first refusal, preemptive rights and drag along rights. Additionally, any third party purchasing Ultra S.A.&#8217;s shares bound by the shareholders&#8217; agreement must agree to be bound by the shareholders&#8217; agreement. See &#8220;Exhibit</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2.6&#8212;2018 Shareholders&#8217; Agreement, dated as of May</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2, 2018</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.&#8221;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">In July 2019, Ultra S.A. informed the Company that its shareholders approved the disposal of all shares issued by Ultra S.A. held by Mr.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Paulo Guilherme Aguiar Cunha and his family, which was concluded through certain transactions carried out in November 2019. As a result, Mr.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Paulo Guilherme Aguiar Cunha and his family no longer held any shares issued by Ultra S.A. and, therefore, parties to the Ultrapar&#8217;s 2018 Shareholders&#8217; Agreement. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">On August 18, 2020, Ultra S.A. and Parth entered into the 2020 Shareholders&#8217; Agreement to include P&#225;tria in its capacity as Ultra S.A.'s shareholder then holding a 20% stake in Ultra S.A.'s capital stock, as consenting intervening party, therefore bound by the provisions of the 2020 Shareholders' Agreement. The 2020 Shareholders&#8217; Agreement replaced the 2018 Shareholders&#8217; Agreement in its entirety, and the terms and conditions remain substantially the same of the latter. </span></p>
<p style="margin: 18pt 0pt 0pt; page-break-after: avoid; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">On September 28, 2021, Ultra S.A. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">informed </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">the Company</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">that Mr. Marcos Marinho Lutz</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, our Chief Executive Officer,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> became</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> a</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> shareholder of Ultra S.A., </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">holding </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">4% of its capital stock</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> and </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">also became </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">a consenting intervening party </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">of the </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2020 Shareholders&#8217; Agreement</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">. As of December 31, 2021, the 2020 Shareholders&#8217; Agreement </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">binded </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">a total of shares representing 34.7% of the Company&#8217;s capital stock.</span></p>
<p style="margin: 18pt 0pt 0pt; page-break-after: avoid; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">B.&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Related Party Transactions </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">As of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 2021, Ultrapar is responsible for guarantees and securities provided to subsidiaries in the amount of R$14,151.5</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million. This disclosure of related party transactions is provided for purposes of the rules governing Annual Reports on Form 20-F and is not meant to suggest that these matters would be considered related party transactions under IFRS.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Uting&#225;s&#8217; bylaws provide for each of its shareholders to use a proportion of Uting&#225;s&#8217; total storage capacity equal to such shareholder&#8217;s proportionate ownership of Uting&#225;s. Accordingly, Ultragaz is entitled to use </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">4.2</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">thousand tons of LPG storage capacity at Uting&#225;s&#8217; facilities, reflecting Ultragaz&#8217;s 57% ownership in Uting&#225;s. The amount of payments made by Ultragaz to Uting&#225;s in 2021 with respect to the use of storage capacity at Uting&#225;s&#8217; facilities totaled R$8.9</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The related parties&#8217; transactions f</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">or financial statements purposes are transactions between the subsidiaries of the Ultrapar with joint-ventures and associates companies that are not eliminated in the consolidation of financial statements. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">The main related parties&#8217; transactions are related to RPR and Chevron&#8217;s companies. See </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">N</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">ote 9.a</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">to our consolidated financial statements for a detailed breakdown of related party transactions as of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 2021.</span></p>
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<div style="margin: 18pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">ITEM</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">8.</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160; &#160; &#160; &#160; &#160;</span><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" id="BL_Q4R8LICNJ400000000000000000000" class="customBookmark"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">FINANCIAL I</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">NFORMATION </span></a></div>
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<li style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold; margin: 12pt 0pt 0pt 14.72pt; padding-left: 9.13pt; page-break-after: avoid; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Consolidated Statements and Other Financial Information </span></li>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">For our consolidated financial statements and notes thereto see &#8220;Item 18. Financial Statements</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.&#8221;</span></p>
<p style="margin: 12pt 0pt 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Dividends and Distribution Policy </span></p>
<p style="margin: 6pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Dividend policy </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The bylaws of a Brazilian company may establish a minimum percentage of the profit that must be paid to shareholders as mandatory dividends. The amounts due as dividends may be paid as interest on net equity. As of December 31, 202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, our bylaws provided for a mandatory distribution of at least 50% of the adjusted net profit, after the allocation of 5% of the net profit to the legal reserve. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">At t</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">he annual and extraordinary general shareholders&#8217; meeting held on April</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">13, 2022 an amendment to our bylaws</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> was approved</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, adjusting the </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">percentage of </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">mandatory dividends </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">we pay </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">to at least 25% of the </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Company&#8217;s </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">adjusted net profit.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Brazilian Corporate Law defines the &#8220;net profit&#8221; as the results of the relevant fiscal year, reduced by accumulated losses of prior fiscal years, provisions for income tax and social contribution on the net profit for such fiscal year, and amounts allocated to employees&#8217; and management&#8217;s participation on the results in such fiscal year. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Under Brazilian Corporate Law, the net profit may be reduced or increased by the following: </span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">amounts allocated to the legal reserve; </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">amounts allocated to the statutory reserve, if any; </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">amounts allocated to the contingency reserve, if required; </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">amounts allocated to the unrealized profit reserve; </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">amounts allocated to the retained profit reserve; </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">amounts allocated to the income tax exemption reserve; </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">reversions of reserves registered in prior years, in accordance with Brazilian GAAP; and </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">reversions of the amounts allocated to the unrealized profit reserve, when realized and not absorbed by losses. </span></li>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Legal reserves.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> We are required to maintain a legal reserve to which we must allocate 5% of our net profit until the amount of our legal reserve equals 20% of paid-in capital. We are not required to make any allocations to the legal reserve for any fiscal year in which such reserve, when added to our capital reserves, exceeds 30% of our capital stock. Accumulated losses, if any, may be charged against the legal reserve. Other than that, the legal reserve can only be used to increase our capital. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Statutory reserves.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Under Brazilian Corporate Law, any corporation may create statutory reserves, in which case it shall be provided in its respective bylaws. In this case, the bylaws must also indicate the reserve purpose, allocation criteria and maximum amount of reserve. As provided in our</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> bylaws</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, we may allocate up to 75% of our adjusted net profit to an investment reserve, up to the limit of 100% of our capital stock. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Contingency reserves.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Under Brazilian Corporate Law, our shareholders may decide, upon a proposal of our Board of Directors, to allocate a discretionary amount of our net profit to a contingency reserve for estimated future losses, which are deemed probable. The distributable amount may be further increased by the reversal of such reserve in the fiscal year when the reasons that justified the creation of such reserve cease to exist or in which the anticipated loss occurs. Accordingly, there is no specific percentage of net profit allocable to this type of reserve. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Unrealized profits reserves.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Under Brazilian Corporate Law, when the mandatory dividend amount exceeds the realized net profits in a given fiscal year, our shareholders may elect, upon a proposal of our Board of Directors, to allocate some or all of the excess dividend amount to any unrealized profits reserve. Brazilian Corporate Law defines &#8220;realized&#8221; net profits as the amount by which the company&#8217;s net profits exceed the sum of (1)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">its net positive results, if any, from the equity method of accounting for earnings and losses of the company&#8217;s subsidiaries and certain of its affiliates and (2)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">the profits, gains or returns that will be received by the company after the end of the next fiscal year. The distributable amount is increased by the profits that were allocated to such reserve when they are realized.&#160;</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Income tax exemption reserve.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Under Brazilian Corporate Law, the portion of the net profit derived from donations or governmental incentives directed to investments, can be excluded of the Distributable Amount.</span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Retained profits reserve.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Under Brazilian Corporate Law, our shareholders may decide to retain a discretionary amount of our net profits that is provided for in a budget approved in the general shareholders&#8217; meeting, upon the proposal of its Board of </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Directors, for the expansion of our installations and other investment projects. After the conclusion of the relevant investments, we may retain the reserve until the shareholders approve the transfer of the reserve, in full or in part, to its capital or to the accumulated profits reserve. In accordance with Brazilian Corporate Law, if a project to which part of the reserve has been allocated has a term exceeding one year, the budget for such project must be approved by the general shareholders&#8217; meeting each fiscal year through the conclusion of the project. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Brazilian Corporate Law provides that all statutory allocations of net profit, including the unrealized profits reserve and the reserve for investment projects, are subject to approval by the shareholders voting at a general shareholders&#8217; meeting and may be used for capital increases or for the payment of dividends in subsequent years. The legal reserve is also subject to approval by the general shareholders&#8217; meeting and may be transferred to capital or used to absorb losses but is not available for the payment of dividends in subsequent years. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The balance for the profit reserve accounts, except for the contingency reserve and unrealized profits reserve, may not exceed the share capital. If this happens, our shareholders must determine whether the excess will be applied to pay in the subscribed and unpaid capital, to increase and pay in the subscribed stock capital or to distribute dividends. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The profits unallocated to the accounts mentioned above must be distributed as dividends. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">A company is permitted to allocate to the unrealized profits reserves all income from equity gains in subsidiaries that are not distributed to the company in the form of cash dividends. When such gains are distributed to the company in the form of cash dividends, the company is required to reverse the reserve. See &#8220;Item 3.D. Key Information&#8212;Risk Factors&#8212;Risks Relating to the Shares and the American Depositary Shares</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.&#8221;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> In addition to the mandatory distribution, the Board of Directors may recommend to the shareholders the payment of interim distributions from other funds that are legally available for such purposes. Any payment of an interim dividend may be set off against the amount of the mandatory dividend distribution for that fiscal year. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">As an alternative form of payment of dividends, Brazilian companies may distribute interest on capital, which payments may be treated by a company as a deductible expense for income and social contribution taxes purposes. Payments of interest on capital may be made at the discretion of our Board of Directors, subject to the approval of the holders of our common shares. Payments of interest attributed to shareholders&#8217; equity, net of withholding tax, may be distributed as part of the minimum mandatory dividends, to the extent that it does not exceed the limits described below. This interest is calculated in accordance with the daily pro rata variation of the Brazilian government&#8217;s long-term interest rate (TJLP), as determined by the Central Bank from </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">time to time, and cannot exceed the greater of: </span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">50% of net income (after the deduction of the social contribution on profits and before the provision for corporate income tax and the amounts attributable to shareholders as net interest on equity) related to the period in respect of which the payment is made; or </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">50% of the sum of retained profits and profit reserves in the beginning of the period with respect to which the payment is made.</span></li>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Under Brazilian Corporate Law, a company may suspend the mandatory distribution either in the form of dividends or payments of interest on capital if the shareholders at the general shareholders&#8217; meeting determine, based on the Board of Directors&#8217; proposal, which is reviewed by the Fiscal Council when installed, that payment of the mandatory distribution for the preceding fiscal year</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> would be inadvisable in light of the company&#8217;s financial condition. The management of the Company must report to the CVM such suspension within five days of the relevant general shareholders&#8217; meeting. Under Brazilian law, mandatory distributions that are suspended and not offset against losses in future years must be paid as soon as the financial condition of the company permits</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">We declare and pay dividends and/or interest on capital, pursuant to Brazilian Corporate Law and our bylaws. Our Board of Directors may approve the distribution of dividends and/or interest on capital, calculated based on our annual or semiannual financial statements or on financial statements relating to shorter periods. The amount of any distributions will depend on a series of factors, such as our financial condition, prospects, macroeconomic conditions, tariff adjustments, regulatory changes, growth strategies and other issues our Board of Directors and our shareholders may consider relevant. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The amount of retention of profits and investments reserve are free of distribution restrictions and totaled R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">4</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">billion as of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">W</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">e declare</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">d</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">dividends</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">to our shareholders</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">of</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">404</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> for </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">On </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">March 11,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2022, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">the Company distributed the amount of R$186 million in distribution of dividends (equivalent to R$0.17 per common share).</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">On August </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">27</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, 2021, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">the Company distributed the amount of </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">R$218 million for </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">the interim dividends </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">payment</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">equivalent to R$0.20 per common share</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">We</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> declared dividends to our shareholders of R$480</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> for 2020</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, of which R$424</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million corresponded to mandatory dividends and R$55</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million corresponded to additional dividends to the minimum mandatory dividends.</span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">We usually pay dividends twice a year &#8211; interim dividends are paid after the reporting of the second quarter financial statements and the remaining is paid after the reporting of the annual financial statements.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The following table sets forth the dividends per share distributed by us, which reflects retroactively the approval of the stock split on April</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">10, 2019, which became effective on April</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">24, 2019.&#160;</span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Dividend history&#160;</span></p>
<p style="margin: 0px; break-after: avoid; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<table cellpadding="0" style="height: 112px; border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<thead>
<tr style="height: 17px;">
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; text-align: left; border-bottom: 1px solid #000000;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 8pt;">Year ended December</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 8pt;">&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 8pt;">31,</span></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; border-bottom-width: 1px;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;" colspan="3"><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Common shares<sup>(1)</sup></span></th>
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<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 8pt;">&#160;</span></p>
</th>
<th style="padding-left: 7.2pt; vertical-align: bottom; border-bottom-width: 1px;"><br/></th>
<th style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">(in</span><span style="font-family: 'Times New Roman'; font-size: 8pt; font-style: italic; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 8pt; font-style: italic; font-weight: bold;">Reais</span><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">per</span><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">share)</span></p>
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<th style="padding-left: 7.2pt; vertical-align: middle; height: 17px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">(in</span><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">US$</span><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">per</span><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">share)</span><span style="font-family: 'Times New Roman'; font-size: 4.67pt; font-weight: bold; vertical-align: super;">(2)</span></p>
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<td style="vertical-align: top; height: 10px; background-color: #cceeff; width: 77%;">
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">2017</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">0.88</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">0.27</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
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<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">2018</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">0.63</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">0.16</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">2019</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">0.44</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">0.10</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">2020</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">0.44</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">0.08</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">0.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">37</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">0.0</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">3</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff;"><br/></td>
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<tbody>
<tr>
<td style="border-bottom: 1pt solid #000000; width: 10%;"><br/></td>
<td style="width: 90%;"><br/></td>
</tr>
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<td style="width: 4%; text-align: center; height: 34px; vertical-align: top;" valign="top"><span style="font-family: 'times new roman', times; font-size: 8pt;">(1)</span></td>
<td style="width: 96%; height: 34px; vertical-align: top;" valign="top"><span style="font-size: 8pt;"><span style="text-indent: -24.4667px; font-family: 'Times New Roman';">Dividends per share take into account the stock split approved on April</span><span style="text-indent: -24.4667px; font-family: 'Times New Roman';">&#160;</span><span style="text-indent: -24.4667px; font-family: 'Times New Roman';">10, 2019 and implemented on April</span><span style="text-indent: -24.4667px; font-family: 'Times New Roman';">&#160;</span><span style="text-indent: -24.4667px; font-family: 'Times New Roman';">24, 2019. The number of shares used in the dividends per share calculation has not been retrospectively adjusted to reflect the issuance of&#160;</span><span style="text-indent: -24.4667px; font-family: 'Times New Roman';">43,925, 31,032, 70,939, 86,978 and 2,108,542&#160;</span><span style="text-indent: -24.4667px; font-family: 'Times New Roman';">common shares that occurred in&#160;</span><span style="text-indent: -24.4667px; font-family: 'Times New Roman';">February 2022, August 2021, February 2021, August 2020 and February 2020</span><span style="text-indent: -24.4667px; font-family: 'Times New Roman';">, respectively, as a result of the partial exercise of the subscription warrants issued to the former Extrafarma shareholders.</span></span></td>
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<tr style="height: 17px;">
<td style="text-align: center; height: 17px; vertical-align: top;" valign="top"><span style="font-size: 8pt; font-family: 'times new roman', times;">(2)</span></td>
<td style="height: 17px; vertical-align: top;" valign="top"><span style="font-size: 8pt;"><span style="text-indent: -24.4667px; font-family: 'Times New Roman';">The amounts in&#160;</span><span style="text-indent: -24.4667px; font-family: 'Times New Roman'; font-style: italic;">Reais</span><span style="text-indent: -24.4667px; font-family: 'Times New Roman';">&#160;have been converted into dollars using the exchange rates at each respective payment date.</span></span></td>
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</table>
<p style="margin: 0pt 0pt 0pt 24.45pt; text-indent: -18.35pt;"><br/></p>
<p style="font-size: 10pt; line-height: 108%; margin: 0pt 0pt 8pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Holders of our shares are entitled to receive dividends declared by us solely from the date of the subscription and/or acquisition of such shares</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.&#160;</span></p>
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<div>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Payment of dividends</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Within the four months following the end of each fiscal year, our shareholders are required to hold an annual general shareholders&#8217; meeting to decide, among other things, on the allocation of our net profits with respect to the fiscal year ended immediately prior to the shareholders&#8217; meeting and the payment of an annual dividend. Additionally, interim dividends may be declared by our Board of Directors. Under Brazilian Corporate Law, dividends are generally required to be paid within 60</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">days following the date the dividend was declared, unless a shareholders&#8217; resolution sets forth another date of payment, which, in either case, must occur prior to the end of the fiscal year in which such dividend was declared. Pursuant to Brazilian civil law, dividends revert to us three years after the date when we begin to pay such declared dividends. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Shareholders who are not residents of Brazil must register with the Central Bank to have dividends, sales proceeds or other amounts with respect to their shares eligible to be remitted in foreign currency outside of Brazil. The shares underlying the ADSs will be held in Brazil by </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Ita&#250; Corretora de Valores S.A.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, as agent for the Depositary. For purposes of the registration requirement, the Depositary is deemed to be the stockholder of the shares underlying the ADSs. The Depositary will register such common shares with the Central Bank. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Payments of cash dividends and distributions, if any, will be made in Brazilian currency to the Custodian on behalf of the Depositary. The Custodian will then convert such proceeds into U.S. dollars and will cause such U.S. dollars to be delivered to the Depositary for distribution to holders of ADSs. See &#8220;Description of American Depositary Receipts&#8221; in our Registration Statement filed on Form F-1, declared effective on April</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">12, 2005. In the event that the Custodian is unable to convert immediately the Brazilian currency received as dividends into U.S. dollars, the amount of U.S. dollars payable to holders of ADSs may be adversely affected by devaluations of the Brazilian currency that may occur before such dividends are converted and remitted. See &#8220;Item</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">3</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">D. Key Information&#8212;Risk factors&#8212;Risks Relating to Brazil</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.&#8221;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Dividends</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> paid by a Brazilian Corporation, in cash or in kind, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">in respect of the shares paid to shareholders who are not Brazilian residents, including holders of ADSs, are not subject to withholding income tax in Brazil to the extent that such amounts are related to profits generated after January 1, 1996. Dividends paid from profits generated before January 1, 1996 may be subject to Brazilian withholding income tax at varying rates, according to the tax legislation applicable to each corresponding year. Distributions of interest attributable to shareholders&#8217; equity are currently subject to withholding tax at a rate of 15%, or 25% in the case of a shareholder domiciled in a &#8220;tax haven</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.&#8221;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> See &#8220;Item 10.E. Additional Information&#8212;Taxation&#8212;Brazilian Tax Consequences</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.&#8221;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span></p>
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<p style="margin: 12pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Legal proceedings </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Provisions for tax, civil and labor risks.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> We and our subsidiaries are party to administrative proceedings and lawsuits in relation to tax, civil, environmental, regulatory, and labor matters that are incidental to the normal course of our business. Depending on the outcome of such administrative proceedings and lawsuits, penalties restricting rights may be applied against the Company or its subsidiaries. Proceedings are guaranteed by escrow accounts, and whenever applicable, we maintain escrow deposits. The provisions for the losses are estimated and updated by management based on the opinion of the Company&#8217;s legal department and its external legal advisors.</span></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">140</span></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The table below demonstrates the breakdown of provisions by nature and its movement (in millions of </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Reais</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">): </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; page-break-after: avoid;"><span>Some of the provisions above consist, in whole or in part, of escrow deposits. The balance of these escrow deposits are as follows (in millions of </span><span style="font-style: italic;">Reais</span><span>): </span></span></p>
<table cellpadding="0" style="height: 148px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; width: 35.8072%;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Provisions</span></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; width: 0.918138%;"><br/></td>
<td style="padding: 0px; height: 17px; text-align: center; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.41626%; vertical-align: middle;" valign="middle"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">2020</span></td>
<td style="padding: 0px; height: 17px; text-align: center; margin: 0px; text-indent: 0px; width: 1.14766%; vertical-align: middle;" valign="middle"><br/></td>
<td style="padding: 0px; height: 17px; text-align: center; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.64584%; vertical-align: middle;" valign="middle"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Additions</span></td>
<td style="padding: 0px; height: 17px; text-align: center; margin: 0px; text-indent: 0px; width: 0.994647%; vertical-align: middle;" valign="middle"><br/></td>
<td style="padding: 0px; height: 17px; text-align: center; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.49274%; vertical-align: middle;" valign="middle"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Write-offs</span></td>
<td style="padding: 0px; height: 17px; text-align: center; margin: 0px; text-indent: 0px; width: 0.994647%; vertical-align: middle;" valign="middle"><br/></td>
<td style="padding: 0px; height: 17px; text-align: center; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 6.50344%; vertical-align: middle;" valign="middle"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Payments</span></td>
<td style="padding: 0px; text-align: center; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 1.26243%; height: 17px; vertical-align: middle;" valign="middle"><br/></td>
<td style="padding: 0px; text-align: center; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 6.92426%; height: 17px; vertical-align: middle;" valign="middle"><span style="font-weight: bold;">Interest</span></td>
<td style="padding: 0px; height: 17px; text-align: center; margin: 0px; text-indent: 0px; width: 1.3772%; vertical-align: middle;" valign="middle"><br/></td>
<td style="padding: 0px; height: 17px; text-align: center; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.64579%; vertical-align: middle;" valign="middle"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Monetary restatement</span></td>
<td style="padding: 0px; height: 17px; text-align: center; margin: 0px; text-indent: 0px; width: 1.4537%; vertical-align: middle;" valign="middle"><br/></td>
<td style="padding: 0px; height: 17px; text-align: center; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 7.26855%; vertical-align: middle;" valign="middle"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">2021</span></td>
<td style="padding: 0px; vertical-align: middle; text-align: center; height: 17px; width: 1.07116%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 35.8072%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Income taxes and contribution on net profit </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 0.918138%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; width: 8.41626%; margin: 0px; text-indent: 0px; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">5</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">4</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">7.9</span></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; width: 1.14766%; margin: 0px; text-indent: 0px; vertical-align: middle;" valign="middle"><br/></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; width: 8.64584%; margin: 0px; text-indent: 0px; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">-</span></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; width: 0.994647%; margin: 0px; text-indent: 0px; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; width: 8.49274%; margin: 0px; text-indent: 0px; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(6.9)</span></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; width: 0.994647%; margin: 0px; text-indent: 0px; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; width: 6.50344%; margin: 0px; text-indent: 0px; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">-</span></p>
</td>
<td style="padding: 0px; background-color: #cceeff; width: 1.26243%; margin: 0px; text-indent: 0px; height: 17px; vertical-align: middle;" valign="middle"><br/></td>
<td style="padding: 0px; background-color: #cceeff; width: 6.92426%; margin: 0px; text-indent: 0px; height: 17px; vertical-align: middle; text-align: right;" valign="middle">11.3</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; width: 1.3772%; margin: 0px; text-indent: 0px; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; width: 8.64579%; margin: 0px; text-indent: 0px; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">-</span></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; width: 1.4537%; margin: 0px; text-indent: 0px; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; width: 7.26855%; margin: 0px; text-indent: 0px; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">552.2</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.07116%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; width: 35.8072%;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">ICMS </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; width: 0.918138%;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; width: 8.41626%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">108.6</span></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; width: 1.14766%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; width: 8.64584%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">58.8</span></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; width: 0.994647%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; width: 8.49274%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(83.5)</span></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; width: 0.994647%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; width: 6.50344%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">-</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; width: 1.26243%; height: 17px; vertical-align: middle;" valign="middle"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; width: 6.92426%; height: 17px; vertical-align: middle; text-align: right;" valign="middle">0.3</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; width: 1.3772%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; width: 8.64579%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">-</span></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; width: 1.4537%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; width: 7.26855%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">84.1</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.07116%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 19px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 35.8072%;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Civil, Environmental and Regulatory claims </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 19px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 0.918138%;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; height: 19px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 8.41626%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">57.8</span></p>
</td>
<td style="padding: 0px; height: 19px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1.14766%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; height: 19px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 8.64584%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">87.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span></p>
</td>
<td style="padding: 0px; height: 19px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 0.994647%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; height: 19px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 8.49274%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(9.7)</span></p>
</td>
<td style="padding: 0px; height: 19px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 0.994647%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; height: 19px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 6.50344%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(8.1)</span></p>
</td>
<td style="padding: 0px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1.26243%; height: 19px; vertical-align: middle;" valign="middle"><br/></td>
<td style="padding: 0px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 6.92426%; height: 19px; vertical-align: middle; text-align: right;" valign="middle">0.7</td>
<td style="padding: 0px; height: 19px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1.3772%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; height: 19px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 8.64579%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">19.0</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">)</span></p>
</td>
<td style="padding: 0px; height: 19px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1.4537%; vertical-align: middle;" valign="middle"><br/></td>
<td style="padding: 0px; height: 19px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 7.26855%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">108.8</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.07116%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; width: 35.8072%;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Labor litigation </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; width: 0.918138%;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; width: 8.41626%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">90.6</span></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; width: 1.14766%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; width: 8.64584%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">42.8</span></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; width: 0.994647%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; width: 8.49274%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(4.4)</span></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; width: 0.994647%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; width: 6.50344%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(17.1)</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; width: 1.26243%; height: 17px; vertical-align: middle;" valign="middle"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; width: 6.92426%; height: 17px; vertical-align: middle; text-align: right;" valign="middle">2.6</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; width: 1.3772%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; width: 8.64579%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(19.2)</span></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; width: 1.4537%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; width: 7.26855%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">95.4</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.07116%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 35.8072%;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Others </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 0.918138%;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.41626%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">93.1</span></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1.14766%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.64584%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">0.1</span></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 0.994647%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.49274%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(1.4)</span></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 0.994647%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 6.50344%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">-</span></p>
</td>
<td style="padding: 0px; background-color: #cceeff; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 1.26243%; height: 17px; vertical-align: middle;" valign="middle"><br/></td>
<td style="padding: 0px; background-color: #cceeff; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 6.92426%; height: 17px; vertical-align: middle; text-align: right;" valign="middle">0.7</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1.3772%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.64579%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(0.8)</span></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1.4537%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 7.26855%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">91.6</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.07116%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; width: 35.8072%;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; width: 0.918138%;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160;</span></p>
</td>
<td style="padding: 0px; height: 17px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; width: 8.41626%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">898.0</span></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; width: 1.14766%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160;</span></p>
</td>
<td style="padding: 0px; height: 17px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; width: 8.64584%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">188.7</span></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; width: 0.994647%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160;</span></p>
</td>
<td style="padding: 0px; height: 17px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; width: 8.49274%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">(106.1)</span></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; width: 0.994647%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160;</span></p>
</td>
<td style="padding: 0px; height: 17px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; width: 6.50344%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">(25.2)</span></p>
</td>
<td style="padding: 0px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; width: 1.26243%; height: 17px; vertical-align: middle;" valign="middle"><br/></td>
<td style="padding: 0px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; width: 6.92426%; height: 17px; vertical-align: middle; text-align: right;" valign="middle"><span style="font-weight: bold;">15.6</span></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; width: 1.3772%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160;</span></p>
</td>
<td style="padding: 0px; height: 17px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; width: 8.64579%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">(38.9)</span></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; width: 1.4537%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160;</span></p>
</td>
<td style="padding: 0px; height: 17px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; width: 7.26855%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">932.2</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.07116%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 35.8072%;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Current </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 0.918138%;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 8.41626%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">43.6</span></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1.14766%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 8.64584%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 0.994647%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 8.49274%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 0.994647%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 6.50344%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1.26243%; height: 17px; vertical-align: middle;" valign="middle"><br/></td>
<td style="padding: 0px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 6.92426%; height: 17px; vertical-align: middle;" valign="middle"><br/></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1.3772%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 8.64579%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1.4537%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 7.26855%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">119.9</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.07116%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px; width: 35.8072%;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Non-current </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px; width: 0.918138%;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; width: 8.41626%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">854</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">4</span></p>
</td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; width: 1.14766%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; width: 8.64584%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; width: 0.994647%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; width: 8.49274%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; width: 0.994647%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; width: 6.50344%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; width: 1.26243%; height: 10px; vertical-align: middle;" valign="middle"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; width: 6.92426%; height: 10px; vertical-align: middle;" valign="middle"><br/></td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; width: 1.3772%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; width: 8.64579%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; width: 1.4537%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; width: 7.26855%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">812.2</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; width: 1.07116%;"><br/></td>
</tr>
</tbody>
</table>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 12pt;">&#160;</span></p>
<table cellpadding="0" style="height: 81px; border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 10px;">
<td style="vertical-align: top; height: 10px; padding: 0px; text-align: center;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; text-align: center; border-bottom: 1pt solid #000000;" colspan="3"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 8pt;">Year ended</span><br/><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 8pt;">December</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 8pt;">&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 8pt;">31,</span></td>
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<td style="padding: 0px; vertical-align: bottom; height: 10px; text-align: center; border-bottom: 1pt solid #000000;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">2021</span></td>
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<td style="padding: 0px; vertical-align: bottom; height: 10px; text-align: center; border-bottom: 1pt solid #000000;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">2020</span></td>
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<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Tax matters</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">731.3</span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">7</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">89.6</span></p>
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<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Labor litigation</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">48.1</span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">57.6</span></p>
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<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Civil and others</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">91.8</span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">102.6</span></p>
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<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total &#8212; non-current asset</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">871.2</span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">949.8</span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Social Security and tax provisions. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">On October</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">7, 2005, the subsidiaries Ultragaz and Bahiana filed for and obtained a preliminary injunction to recognize and offset PIS and COFINS credits on LPG purchases, against other taxes levied by the Brazilian Internal Revenue Service, notably IRPJ and CSLL. The decision was confirmed by a trial court on May</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">16, 2008. Under the preliminary injunction, the subsidiaries made escrow deposits for these debits which amounted to R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">534.8</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million as of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (R$5</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">23.1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">as of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 20</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">20</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">). On July</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">18, 2014, a second instance unfavorable decision was published, and the subsidiaries suspended the escrow deposits, and started to pay income taxes from that date. To revert the court decision, the subsidiaries presented a writ of prevention which was dismissed on December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">30, 2014, and the subsidiaries appealed this decision on February</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">3, 2015. Appeals were also presented to the respective higher courts Superior Court of Justice (&#8220;STJ&#8221;) and Federal Supreme Court (&#8220;STF&#8221;) whose final trial are pending. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">At the Superior Court of Justice, the subject matter underlying the lawsuit was identified as a repetitive demand (Repetitive Theme N&#186; 1093) and it is currently waiting for trial.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Civil, environmental and regulatory provisions.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Ultrapar and certain subsidiaries are engaged in lawsuits and administrative proceedings, mainly derived from contracts entered into with customers and former suppliers, as well as proceedings related to environmental and regulatory issues. The company and its subsidiaries maintained total provisions of R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">108</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">8 </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million as of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">57.8</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million as of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 20</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">20</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">) for such lawsuits and administrative proceedings</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Th</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">is</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> increase </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">from 2020 to 2021 is due to changes in our risk of loss assessment in connection with certain proceedings to which I</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">piranga</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> is a party, as a result of unfavorable decisions.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Labor provisions.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> The Company and its subsidiaries maintain provisions of R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">95.5</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million as of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">90.7</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million as of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 20</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">20</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">) for labor litigation filed by former employees and by employees of our service providers mainly contesting the non-payment of labor rights. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Contingent liabilities.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> The Company and its subsidiaries are party to various tax, civil, environmental, regulatory and labor proceedings for which the risk of loss has been classified as either &#8220;possible&#8221; or &#8220;remote&#8221; by our in-house legal department and external advisors. Based on this assessment, we have not recorded provisions for proceedings with either a possible or remote risk of loss, pursuant to applicable accounting standards. The total amount involved in proceedings for which the risk of loss was classified as possible was R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">3.3</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">billion as of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">3.24</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">billion as of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 20</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">20</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">). </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Tax and social security contingent liabilities.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> The Company and its subsidiaries have tax and social security contingent liabilities of R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">3</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> billion as of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">4</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">billion as of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 20</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">20</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">), as further described below.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">141</span></td>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Our subsidiary I</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">piranga</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> and its subsidiaries have assessments invalidating the offset of excise tax (&#8220;IPI&#8221;) credits in connection with the purchase of raw materials used in the manufacturing of products which sales are not subject to IPI under the protection of tax immunity. The amount of this contingency was R$17</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">8.4</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million as of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (R$17</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">6.4</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million as of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 20</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">20</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">). </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Our subsidiary I</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">piranga</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> and its subsidiaries have legal </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">and administrative </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">proceedings related to ICMS. The total amount involved as of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> in these proceedings, was R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1.3 billion</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">958.1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million as of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 20</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">20</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">). Such proceedings arose mostly due to (i)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">the disregard of ICMS credits amounting to R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">209.6</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million (R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">300.7</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million as of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 20</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">20</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">), of which R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">15.5</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> million (R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">92.7</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million as of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 20</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">20</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">) refer to proportional reversal requirement of ICMS credits related to the acquisition of hydrated alcohol; (ii)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">the alleged nonpayment</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> of certain ICMS debts</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> in the amount of R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">10</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">6</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.6</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million (R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">98.2</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million as of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2020</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">); </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">(iii) conditional use of tax incentive in the amount of R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">174.1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million (R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">119.9</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million as of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 20</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">20</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">);</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">(iv)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">inventory differences in the amount of R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">295.1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million (R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">269.6</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million as of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 20</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">20</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">) related to the leftovers or faults due to temperature changes or product handling</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">; </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">(v) </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">l</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">awsuits in which </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">our</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">subsidiaries </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">challenge the need to deposit certain amounts to the State Fund of</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fiscal Balance</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, as a condition to the</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> grant</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> of</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> ICMS tax benefits</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> owed to them</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> in the amount of R$59,1 million; and </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">(vi) </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">collection of the additional 2% </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">levied </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">on products considered non-essential -hydrated alcohol- in the amount of R$219.2 million.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">We and our subsidiaries are parties to administrative and judicial suits involving income tax, social security contribution, PIS and COFINS, substantially about denials of offset claims and credits disallowance which total amount was R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">578.1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million as of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">709.3</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million as of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 20</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">20</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">). </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">One of said suits consists of a tax assessment related to the IRPJ and CSLL received by I</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">piranga</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, which results from the supposedly undue amortization of the goodwill paid in connection with its acquisition of a subsidiary, in the amount of R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">218</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.6</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million as of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">212.4</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million as of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 20</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">20</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">), which includes income taxes, interest and penalties. Management assessed the likelihood of the tax assessment, supported by the opinion of our legal advisors, as &#8220;possible&#8221;, and therefore did not recognize a provision for this assessment. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Civil, environmental and regulatory contingent liabilities.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> The Company and its subsidiaries have civil, environmental and regulatory contingent liabilities in the total amount of R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">771.7</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million as of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">561.7</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million as of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 20</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">20</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">), as further described below. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Our subsidiary Ultragaz is party to an administrative proceeding before CADE based on alleged anti-competitive practices in the state of Minas Gerais in 2001. CADE rendered a decision against Ultragaz and imposed a penalty of R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">34.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million as of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (R$33.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">9</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million as of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 20</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">20</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">). This decision was suspended by a court order and its merit is being judicially reviewed. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ultragaz </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">is a party to certain legal proceedings</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> totaling R$233.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">4</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">(R$186.4 </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">as of December 31, 2020) </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">initiated</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> by resellers seeking the </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">annulment </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">and termination of </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">certain </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">distribution contracts, in addition to indemnification for losses and damages.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The subsidiary I</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">piranga</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> is a party to an </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">administrative</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">proceeding</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> filed by CADE related to allegations of anticompetitive</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> practices</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> in the Federal District</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">. The</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">se</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> proceedings</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">were</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">initiated</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> in June 2020, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">as a result of</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> a preliminary investigation </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">held</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">in 2009. I</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">piranga</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> has already presented its defense and the process is</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> currently</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> in the </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">production of evidence</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> phase.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">In 2019 and 2020, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">two administrative decisions were issued against </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">I</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">piranga</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, whereby it was demanded to pay</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> two fines in the amount of R$40.7 million and R$8.1 million,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> respectively,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> for alleged</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">ly </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">influencing uniform commercial conduct among fuel resellers</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">in the metropolitan region of Belo Horizonte, in Minas Gerais and in Joinville, Santa Catarina. I</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">piranga</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">submitted these decisions</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> to judicial review and in both cases obtained </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">a favorable decision</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> suspending the enforceability of </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">such</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> fines </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">after</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> judicial guarantees </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">were provided</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Our m</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">anagement did not recognize a provision for these contingencies, supported by the opinion of the external lawyers, who classify the probability of loss as </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">remote</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Certain former shareholders of RPR, CBPI and DPPI filed two lawsuits in the States of S&#227;o Paulo and Rio de Janeiro questioning the Share Exchange in connection with the acquisition of the Ipiranga Group in order to prevent the Company&#8217;s shareholders&#8217; meeting that would deliberate on the Share Exchange from taking place. Decisions by administrative and judicial courts stated that there were no legal grounds for the request. Based on such administrative and court decisions, the Share Exchange was approved by the shareholders&#8217; meeting of the companies on December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">18, 2007. The lawsuit filed in the state of Rio de Janeiro was terminated as a result of loss of interest to sue, due to the sale of the correspondent shareholding at Ultrapar. Following several appeals filed by the former Ipiranga shareholders, the decision rendered by the S&#227;o Paulo court also became final on April</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">18, 2018. In 2011, a new lawsuit in the state of Rio de Janeiro was filed by some of these former shareholders, questioning aspects of the Share Exchange. However, the High Court of Justice rendered a decision regarding a conflict of jurisdictions and ordered the remittance of this new lawsuit to the state of S&#227;o Paulo, where it will be judged. As of the date of this annual report, the judgment of such lawsuit is still pending.&#160;</span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 5pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">On November</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">29, 2016, a technical opinion was issued by the Operational Support Center for Execution (Centro de Apoio Operacional &#224; Execu&#231;&#227;o &#8211; CAEX), a technical body linked to the S&#227;o Paulo State Public Prosecutor (&#8220;MPE&#8221;), presenting a proposal setting forth an estimate of monetary damages for the alleged environmental impact caused</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> by</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">a</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> fire on April</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2, 2015 at the Santos Terminal of the subsidiary </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ultracargo Log&#237;stica</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">formerly</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Terminal Qu&#237;mico de Aratu S.A. &#8211; Tequimar)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">. This technical opinion is non-binding, with no condemnatory or sanctioning nature, and will still be evaluated by the authorities and parties. The Company disagrees with the methodology and the assumptions adopted in the proposal and has been negotiating an agreement with the MPE and the Brazilian Federal Public Prosecutor (&#8220;MPF&#8221;), since the beginning of the investigation.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">The negotiations relate to the indemnification of the alleged damages.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">As of the date of this annual report, no civil lawsuit has been filed on the matter. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">On May</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">15, 2019, the subsidiary </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ultracargo Log&#237;stica</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> signed a Partial Conduct Adjustment Commitment Agreement (&#8220;TAC&#8221;) in the amount of R$67.5</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million with the MPE and MPF to indemnify diffuse and collective damages of any kind arising from the fish mortality and the damage caused to the ichthyofauna. The negotiations on indemnification of other alleged damages are still ongoing and, once concluded, may result in additional payments and potential liabilities related to the project costs that may affect the Company&#8217;s future financial results. In the criminal sphere, the MPF filed a lawsuit against the subsidiary </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ultracargo Log&#237;stica</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, which was serviced and submitted its defense to the complaint on June</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">19, 2018. On September</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">12, 2019, at a hearing before the federal court of Santos, the MPF and </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ultracargo Log&#237;stica</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> agreed, and the judicial authority approved, the conditional suspension of the criminal proceedings for a period of </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">two</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">years, after which </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ultracargo Log&#237;stica</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> shall be required to demonstrate the due performance of the Partial TAC signed, with the obligation of a complementary allocation of R$13.0</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million to the Fisheries Management Project, and thus achieve the definitive dismissal of the criminal process. On February 4, 2021, the subsidiary paid the remaining balance related to the TAC, and there are no pending and/or additional financial obligations arising from this commitment. Additionally, as of December 31, 2021 there are unrecognized contingent liabilities related to lawsuits amounting to R$2.1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million (R$4,4</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> million</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">as of December 31, 2020). On December 31, 2020 and December 31, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">no </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">lawsuits</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> were initiated in connection with this matter</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Information on the Company&#8212;History and Development of the Company&#8212;Ultracargo &#8211; Fire at storage facilities in Santos</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.&#8221;</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Labor contingent liabilities.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> The Company and its subsidiaries have labor contingent liabilities in the total amount of R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">246.5</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> million as of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (R$2</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">56.3</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million as of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 20</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">20</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">), as further described below. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The Petrochemical Industry Labor Union (</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Sindiqu&#237;mica</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> to which the employees of the subsidiaries Oxiteno S.A and EMCA located at the Cama&#231;ari Petrochemical Complex</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">are affiliated, filed in 1990 </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">a </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">collective action against the subsidiaries, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">seeking</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> compliance with </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">section</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> four of the 1989/1990 Collective Bargaining Agreement (CCT 1989/1990), which</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> allegedly</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> provided for</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> a</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> salary adjustment</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> policy different from</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> th</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">at</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> actually practiced</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> by such subsidiaries. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">The decisions rendered in the collective </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">actions</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> were favorable to the subsidiaries Oxiteno S.A. and EMCA and are final and unappealable</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> In that same year, a collective </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">action</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> was filed by the Union of Employers (SINPEQ) against Sindiqu&#237;mica, seeking the recognition of the inapplicability of such </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">section four</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">. The collective </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">action</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> filed by</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> SINPEQ against</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Sindiqu&#237;mica </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">became final in</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> the</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> STF in October 2019 and</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> was</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> unfavorable to SINPEQ, with the STF declaring the</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> validity of section four</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">. In October 2015, Sindiqu&#237;mica filed </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">an </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">enforcement lawsuit against Oxiteno S.A and, in 2017, against EMCA, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">seeking to force these companies to </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">comply with the CCT 1989/</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1990</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> As</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> of this annual report, a favorable decision has been issued against </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Oxiteno </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">whereas an unfavorable decision has issued against</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> EMCA</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> in connection with these enforcement proceedings</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, both pending final judgment</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">. In addition to</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> the collective actions, individual </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">claims</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> with the same </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">subject matter</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> have been filed</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, the judgment of which are currently pending.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Lubricants operation between I</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">piranga</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;"> and Chevron. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">In the process of establishing the joint-venture between Chevron and subsidiary I</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">piranga</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, the companies agreed that each shareholder of the new company would be responsible for any claims arising out of any acts, facts or omissions prior to their formation. The liability provisions of the Chevron shareholder in the amount of R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">19.7</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million as of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">101.7</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million as of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 20</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">20</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">) are reflected in the consolidated financial statements, as well as the contingent liabilities identified at the date of acquisition, whose provision </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">in the </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">amount of R$198.9</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million was recognized as a business combination on December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1, 2017, with the balance of R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">101.2</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million as of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 2020 (R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">102.8</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million as of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 20</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">20</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">). The amount provisioned of Chevron&#8217;s liability recognized in the business combination will be reimbursed to subsidiary Iconic in the event of losses and an indemnity asset was hereby constituted in the same amount, without the need to establish a provision for uncollectible amounts. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">On April 16, 2021, p</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">art </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">of the provision for Chevron's liability related to the ICMS assessment </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">in the amount of </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">R$81.1 million, from July 1996 to December 1997, was definitively </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">released</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> through the payment by Chevron of the tax amnesty program, established by the ICMS/RJ Agreement No. 51/2020 (Decree/RJ No. 47,332/2020 and RJ State Law No. 9,041/2020)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">The</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> released</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> provision </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">totaled</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">19.7</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> million, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">and it </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">refers to: (i) R$17.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> million of ICMS assessments on sales for industrial purposes, in which the Federal Supreme Court concluded the judgment unfavorably to taxpayers; (ii) R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2.2</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> million of labor lawsuits and (iii) R$0.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> million, regulatory and environmental lawsuits.</span></p>
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<p style="margin: 10pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Antitrust matters </span></p>
<p style="margin: 12pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Acquisition of Liquig&#225;s Distribuidora S.A</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">.(&#8220;Liquig&#225;s&#8221;).</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">The acquisition of 100% of Liquig&#225;s by Ultragaz S.A. was submitted to the antitrust authorities on April</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">7, 2017. On August</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">28, 2017, the General Superintendence </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">of CADE </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">issued a non-binding opinion objecting to the transaction. On February</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">22</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, 2018, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">CADE&#8217;s Tribunal</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> rejected the transaction relating the acquisition of Liquig&#225;s. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">The contract was automatically terminated, pursuant to which Ultragaz paid a fine on March</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">13, 2018, in favor of Petrobras</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> in the amount of R$286.2</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> as per the terms of original sale and purchase agreement. </span></p>
<p style="margin: 12pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Acquisition of Terminal Exportador de &#193;lcool de Santos Ltda. </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">(&#8220;TEAS&#8221;).</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">The acquisition of 100% of TEAS, previously owned by Ra&#237;zen Energia S.A. and Ra&#237;zen Araraquara A&#231;&#250;car e &#193;lcool Ltda., by </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ultracargo Log&#237;stica</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, was duly submitted to the antitrust authorities on January</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 2018. On February</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">9, 2018, the General Superintendence of CADE issued </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">a decision</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> for the approval of the transaction without any restriction. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">On March</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2, 2018, CADE issued a certificate </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">(</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">&#8220;ce</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">rtid&#227;o de tr&#226;nsito em julgad</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">o&#8221;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">) </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">formalizing</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> the</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> definitive</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> approval </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">of such decision</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">The c</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">losing of the acquisition took place on March</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">29, 2018.</span></p>
<p style="margin: 5pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Divestment of</span><span style="font-family: 'Times New Roman'; font-size: 12pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Conect</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">C</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">ar Solu&#231;&#245;es de Mobilidade Eletr&#244;nica S.A. (&#8220;Conect</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">C</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">ar&#8221;).</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">The sale to Portoseg S.A. &#8211; Cr&#233;dito, Financiamento e Investimento of 50% of the shares issued by </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">ConectCar and</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">held by Ipiranga</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">was submitted to the antitrust authorities on July 14, 2021. On July 28, 2021, the General Superintendence of CADE issued a decision for </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">approving </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">the transaction without restrictions. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">On August</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">16, 2021, CADE issued a certificate (&#8220;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">certid&#227;o de tr&#226;nsito em julgado</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8221;) </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">formalizing the definitive approval of such decision</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">The c</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">losing of the transaction occurred on October </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, 2021.</span></p>
<p style="margin: 12pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Divestment of Imifarma Produtos Farmac&#234;uticos e Cosm&#233;ticos S.A. (&#8220;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Extrafarma</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">&#8221;)</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; margin: 5pt 0pt; text-align: justify;">. <span style="font-family: 'Times New Roman'; font-size: 10pt; ;font-style: normal;">The sale of 100% of Ipiranga&#8217;s interest in Extrafarma, amounting to 100% of Extrafarma&#8217;s share capital, to Empreendimentos Pague Menos was duly submitted to CADE on September 16, 2021. On February 11, 2022, the CADE&#8217;s General Superintendent&#8217;s Office issued a decision whereby it stated that, because of the complexity of the intended transaction, the Brazilian antitrust authority might need further time to finalize its assessment. On May 7, 2022, CADE&#8217;s General Superintendent&#8217;s Office recommended the approval of the transaction, contingent on the execution of a Merger Control Agreement (&#8220;<i>Acordo em Controle de Concentra&#231;&#245;es</i>&#8221;) between Pague Menos and CADE, whereby Pague Menos shall undertake certain remedial measures to mitigate potential competitive issues arising out of the transaction. The recommendation made by the General&#8217;s Superintendent&#8217;s Office is now subject to CADE&#8217;s Tribunal review, which shall issue a final decision on the matter. </span></span></p>
<p style="margin: 12pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Divestment </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">of</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;"> Oxiteno</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;"> S.A. Ind&#250;stria e Com&#233;rcio (&#8220;Oxiteno&#8221;).</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">The s</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">ale of 100% of Ultrapar&#8217;s interests in Oxiteno, amounting to 100% of Oxiteno&#8217;s share capital, to Indorama Ventures Spain Sociedad Limitada and Tereft&#225;licos Ind&#250;stria e Participa&#231;&#245;es Ltda. was duly submitted to </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">CADE</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> on November 11,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2021. On March 04, 2022, the General Superintendence of CADE issued a decision </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">approving</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> the transaction without restriction</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">s</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">O</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">n Apri</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">l </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, 2022, the transaction </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">was </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">c</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">losed</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span></p>
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<li style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold; margin: 12pt 0pt 0pt 14.17pt; padding-left: 3.68pt; page-break-after: avoid; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Significant Changes</span></li>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Except as disclosed elsewhere in this annual report, we have not experienced any significant changes since the date of our audited consolidated financial statements included in this annual report.</span></p>
<p style="margin: 0pt;"><span style="font-family: Calibri; font-size: 11pt;">&#160;</span></p>
<div style="margin: 0pt;"><span style="text-indent: -55pt; font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">&#160; ITEM</span><span style="text-indent: -55pt; font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">&#160;</span><span style="text-indent: -55pt; font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">9.</span><span style="text-indent: -55pt; font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" id="BM_H4LN8AU4SG00000000000000000000" class="customBookmark"><span style="text-indent: -55pt; font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">THE OFFER AND LISTI</span><span style="text-indent: -55pt; font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">NG</span></a></div>
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<li style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold; margin: 12pt 0pt 0pt 14.72pt; padding-left: 3.28pt; page-break-after: avoid; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160; Offer and Listing Details </span></li>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Not required. </span></p>
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<li style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold; margin: 12pt 0pt 0pt 14.17pt; padding-left: 3.68pt; page-break-after: avoid; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160; &#160;Plan of Distribution </span></li>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Not applicable. </span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<li style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold; margin: 0pt 0pt 0pt 14.72pt; padding-left: 12.78pt; page-break-after: avoid; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Markets </span></li>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Our shares are listed on the S&#227;o Paulo Stock Exchange under the ticker symbol &#8220;UGPA3&#8221; and the ADSs are listed on NYSE under the symbol &#8220;UGP</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.&#8221;&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">144</span></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<p style="margin: 0pt;"><span style="font-family: Calibri; font-size: 11pt;">&#160;</span></p>
<div style="margin: 0pt;"><span style="text-indent: -55.1pt; font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">&#160; ITEM</span><span style="text-indent: -55.1pt; font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">&#160;</span><span style="text-indent: -55.1pt; font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">10.</span><span style="text-indent: -55.1pt; font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">&#160; &#160; &#160;&#160;</span><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" id="BN_09CS8MTWS000000000000000000000" class="customBookmark"><span style="text-indent: -55.1pt; font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">ADDITIONAL INFORMA</span><span style="text-indent: -55.1pt; font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">TION</span></a></div>
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<li style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold; margin: 12pt 0pt 0pt 14.72pt; padding-left: 14.18pt; page-break-after: avoid; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Share Capital </span></li>
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<p style="font-size: 10pt; line-height: 108%; margin: 12pt 0pt 8pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Not applicable.</span></p>
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<p style="margin: 10pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">B.</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Memorandum and Bylaws </span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">We are registered with the commercial registry of the state of S&#227;o Paulo under the registration number 35,300,109,724. Pursuant to chapter I, article</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">3 of our bylaws, our main corporate purpose is the investment of our capital in the trade, industry and </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">agriculture sectors and in companies providing services, through the subscription for or acquisition of shares or quotas in other companies. </span></p>
<p style="margin: 18pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">General </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Set forth below is a summary of selected significant provisions of our bylaws and the Brazilian Corporate Law, the rules and regulations of the CVM and the </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Novo Mercado</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> listing segment of B3 regarding certain corporate matters applicable to us. This description does not purport to be complete and is qualified by reference to our bylaws, Brazilian Corporate Law, the rules and regulations of the CVM and the rules of the </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Novo Mercado</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">In connection with the </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">c</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">onversion, at the </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">e</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">xtraordinary </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">s</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">hareholders&#8217; </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">m</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">eeting and the special preferred </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">s</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">hareholders&#8217; </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">m</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">eeting, both held on June</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">28, 2011, our shareholders approved (i)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">the </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">c</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">onversion </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">of all preferred shares into common shares at a ratio of one preferred share for one common share; (ii)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">changes to and consolidation of our bylaws; (iii)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">the Company&#8217;s adherence to the rules of the </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Novo Mercado</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> of the B3; and (iv)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">the confirmation that the new provisions related to the rights of all Company&#8217;s shareholders in the event of a sale of control of the Company, pursuant to its new bylaws and the </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Novo Mercado</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> regulations, are equivalent to the provisions of the Ultra S.A. shareholders&#8217; agreement dated as of March</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">22, 2000. Such decisions became effective on the date the shares issued by the Company were admitted to trade at the </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Novo Mercado</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> of the B3. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">As a result of the Conversion, due to new capital structure, other shareholders&#8217; rights are currently not applicable, for instance, the right to separate elections for the Board of Directors and Fiscal Council. On the other hand, common shareholders are entitled to voting rights in any matter. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Since our shares are listed on the </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Novo Mercado</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, we are required to comply with heightened requirements for corporate governance. In addition, we are not permitted to issue preferred shares or any shares with restricted voting rights while listed on this segment</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">pursuant to its rules. As of January</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2, 2018, the new rules for </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Novo Mercado</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> came into effect. Despite the fact that the companies listed in this segment must fully comply with the regulations until the general shareholders&#8217; meeting of 2022, our bylaws were already amended on April</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">10, 2019 to reflect these rules and therefore as of the date of this annual report we are in full compliance with such rules.</span></p>
<p style="margin: 18pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Description of Capital Stock </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">On April</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">10, 2019, the </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">e</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">xtraordinary and </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">a</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">nnual </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">g</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">eneral </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">s</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">hareholders&#8217; </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">m</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">eeting approved a stock split of the shares issued by Ultrapar, so that each share would be represented by two shares of the same class and type. The stock split shall not involve any change in the capital stock, therefore being no alteration in the financial amount and shareholder participation in the Company&#8217;s capital stock. The share split was implemented on April</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">24, 2019, which was also the date that the corresponding stock split of our American Depositary Shares was implemented. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">As of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, our subscribed and paid-in capital stock consisted of 1,115,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">107,683</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> common shares, all of which have equal voting and equity rights, with no par value, of which 26,9</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">3</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">4,7</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">7</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">6 common shares were held in treasury. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">On February</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">3</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, 202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, our Board of Directors confirmed the issuance of </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">43,925</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> common shares within the limits of the authorized capital stock pursuant to Article 6 of the Company&#8217;s Bylaws, due to the partial exercise of the subscription warrants issued by the Company as of the approval of the Extrafarma transaction. These common shares have the same rights assigned to the other shares previously issued by the Company. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">As of the date of this annual report, the Company&#8217;s capital stock is represented by 1,115,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">151,608</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> common shares, all of them nominative and with no par value.</span></p>
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<p style="margin: 18pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Subscription Warrants </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">As a result of the Extrafarma Transaction, the Company issued subscription warrants to the former Extrafarma shareholders which could potentially lead to the issuance of up to 6,411,244 shares, taking into account the stock split approved in April 2019 (3,205,622 shares prior to the April 2019 stock split). The subscription warrants were partially exercised in February 2020, August 2020</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> February 2021</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, August 2021 and February 2022</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, and the Company issued a </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">total amount of 2,341,416 common shares. Therefore, as of the date of this annual report, the exercise of the remaining subscription warrants by the former Extrafarma shareholders could potentially lead to the issuance of up to</span><span style="font-family: 'Times New Roman'; font-size: 12pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">3,474,269</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">shares of Ultrapar. See</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#8220;Item</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">4.A. Information on the Company &#8212; History and Development of the Company </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">A.2 Discontinued Operations</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Extrafarma.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8221;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span></p>
<p style="margin: 18pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Voting Rights </span></p>
<p style="margin: 6pt 0pt 0pt; page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Each common share entitles its holder to one vote at the matters of the shareholders&#8217; meetings, in accordance with the Brazilian Corporate Law, our bylaws and the </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Novo Mercado</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> regulations. For more detailed information with respect to the voting </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">rights of our common shares see our Form 8-A filed with the SEC on August</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">15, 2011 in the section &#8220;Description of Capital Stock&#8212;Shareholders&#8217; Meetings</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.&#8221;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span></p>
<p style="margin: 10pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Deregistration as Publicly-Held Company </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">We may only deregister as a publicly-held company if such deregistration is approved by a majority of the shareholders present at a shareholders&#8217; meeting, which shall be conditioned to: (i)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">the launching of a public tender offer for the acquisition of all of our outstanding shares in accordance with the provisions of Brazilian Corporate Law, the CVM rules and regulations, the </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Novo Mercado</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> regulation and our bylaws by us, our controlling shareholders or a group of controlling shareholders and (ii)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">the acceptance of at least two thirds (2/3) of the shareholders representing the free float that show up at the tender offer auction (whether by selling its shares or expressly agreeing with the deregistration), in which case we would become a privately-held company. The price offered for such outstanding shares must at least correspond to the fair value of such shares as set forth in the respective appraisal report issued by a specialized institution with proven experience hired by the offeror for the purposes of the tender offer. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Shareholders holding at least ten percent of the free float of our shares may require our management to call a special shareholders&#8217; meeting to determine whether to perform another valuation using the same or a different valuation method. This request must be made within 15 days following the disclosure of the price to be paid for the shares in the public tender offer. If the new valuation price is equal to or lower than the original valuation price, the shareholders making such request as well as those who vote in its favor must reimburse the Company for any costs incurred in preparing the new appraisal report. If the new valuation price is higher than the original valuation price, the offeror shall then decide whether to proceed with the public tender offer observing the new price or withdraw the tender offer, in which case the Company will continue to be registered as a publicly-held company. </span></p>
<p style="margin: 18pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Withdrawal from the Novo Mercado </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">According to the new </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Novo Mercado </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Listing Rules &#8211; applicable as of January</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2, 2018 &#8211; and to our</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> bylaws</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, the withdrawal from the </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Novo Mercado</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> may be: (i)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">voluntary; or (ii)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">mandatory, as a result of the violation of any the rules of the </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Novo Mercado</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> or the deregistration as publicly-held company.</span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The withdrawal, however, shall only occur after the launching of a public tender offer for the Company&#8217;s outstanding shares, which shall (i)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">follow, as applicable, the CVM regulation that rules that the mandatory tender offer for the deregistration as publicly-held company (including the abovementioned possibility to request a second valuation report); and (ii)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">be launched at a fair price, as appointed in the appraisal report issued by a specialized institution with proven experience for the purposes of the tender offer; and (ii)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">be approved by at least one third (1/3) of the shareholders representing the free float that participate in the tender offer auction (whether by selling its shares or expressly agreeing with the withdrawal from the </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Novo Mercado</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">). </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The obligation to launch such public tender offer, however, may be waived by the majority of the shareholders representing the Company&#8217;s free float present at the shareholders&#8217; meeting convened to resolve on that matter. Such shareholders&#8217; meeting may be held on first call with the attendance of shareholders representing two thirds (2/3) of the free float or, on second call, with the attendance of any number of shareholders representing the free float. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The withdrawal from the </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Novo Mercado </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">does not necessarily result in our deregistration as a publicly-held company on the B3. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">If the Company participates in a corporate reorganization involving the transfer of its shareholders&#8217; base to a company that is not listed in the </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Novo Mercado</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, such resulting company or companies must apply for listing on </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Novo Mercado</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> within one hundred and twenty (120)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">days from the date of the general shareholders meeting that approved the reorganization, unless the majority of the shareholders representing the Company&#8217;s free float present at such shareholders&#8217; meeting agrees with the non-listing of the resulting company. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Pursuant to the new rules of the </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Novo Mercado</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> and to our bylaws, the voluntary withdrawal shall be preceded by a public tender offer at fair market value. For the withdrawal to move forward, shareholders representing more than one third (1/3) of the outstanding shares shall need to accept the tender offer or expressly agree to delist without selling the shares. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">According to the rules of the </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Novo Mercado</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, in the event of a transfer of our shareholding control within 12</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">months following our delisting from the </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Novo Mercado</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, the selling controlling shareholder(s) and the acquirer must offer to acquire the remaining shares for the same price and terms offered to the selling controlling shareholders, duly updated, or pay the difference, if any, between the tender offer price accepted by the former shareholders, duly updated, and the price obtained by the controlling shareholder in selling its shares.</span></p>
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<p style="margin: 10pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Sale of Control </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">In the event of a direct or indirect sale of the Company&#8217;s shareholding control, through a single or series of transactions, the acquirer must conduct a public tender offer for all shares held by the remaining shareholders in order to ensure equal treatment of all shareholders (tag-along right). Such right has been provided to Ultrapar&#8217;s shareholders since March</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">22, 2000, in accordance with the terms of the Ultra S.A. shareholders&#8217; agreement signed on the same date, which has since then been rescinded and replaced by our bylaws. The tender offer is subject to applicable laws and regulations, our bylaws and the rules of the </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Novo Mercado</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">A public tender offer is also required when there is an assignment for consideration of share subscription rights or rights of other securities convertible into our shares, which results in the transfer of control of the Company. In such case, the acquiring shareholder must (i)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">complete a public tender offer for our remaining shares on the same terms and conditions offered to the selling shareholder and (ii)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">according to our bylaws, reimburse the counterparties from whom it has acquired our shares on the stock exchange in the six-month period preceding the transaction which resulted in a change in control. The reimbursement amount corresponds to the positive difference between the price paid to the selling shareholder in the transaction that resulted in a change of control and the adjusted price paid in the transactions carried out on the B3 during this six-month period, as adjusted by the </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">S</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">elic</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">rate up until the payment date. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The buyer of a controlling interest shall, after the financial settlement of the foregoing tender offer, take the appropriate actions to, over the course of the subsequent 18</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">months, restore the minimum percentage of outstanding shares as per the rules of the </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Novo</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Mercado</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">. </span></p>
<p style="margin: 18pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Acquisition of a Relevant Interest </span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Any person, regardless of whether he/she is a shareholder, which, on his/her own account or acting jointly with another person, acquires our shares, through a single transaction or a series of successive transactions, representing 20% or more of our capital stock, is required to make a tender offer for the acquisition of the shares held by the remaining shareholders at a price equal to the highest value per share paid by him/her in the preceding six months, adjusted pursuant to the </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">S</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">elic</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">rate. Such persons will not be required to carry out a public tender offer in the event they timely and cumulatively sell on a stock exchange the number of our shares that exceeds such thresholds, within 30</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">days from the date they provide notice to the Company of their intent to make such sales. In addition, the requirement to carry out a public tender offer will not apply in the event any shareholder or group of shareholders hold more than 50% of our capital stock at the time of acquisition of the relevant interest. </span></p>
<p style="margin: 18pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Public Tender Offers </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">A single public tender offer may be launched for more than one of the purposes provided for in our bylaws, the </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Novo Mercado</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Listing rules, the Brazilian Corporate Law or in the regulations issued by the CVM, provided that the procedures used when conducting the unified public tender offer are compatible with all requirements of each individual public tender offer, the public tender offers do not suffer any damages and the authorization of the CVM is obtained, when required by the applicable law.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"><br/></span></p>
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<p style="margin: 10pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">C.</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Material Contracts </span></p>
<p style="margin: 6pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">2018 Shareholders&#8217; Agreement </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">On May</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2, 2018, Ultra S.A. and Parth executed a shareholders&#8217; agreement to set forth a set of rules to govern the relationship between these two shareholders, binding on December 31, 2019 a total of shares representing 29.4% of the Company&#8217;s capital stock. This shareholders&#8217; agreement replaced the Ultra S.A. shareholders&#8217; agreement executed in 2014 and should be in force for a period of five years, automatically renewable for an equal period, except if a termination notice is sent by one party to the other up to six (6)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">months before the end of its term. The 2018 Shareholders Agreement&#8217;s main terms were substantially related to (i)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">the decision process of how Ultra S.A., Parth and its shareholders should vote at Ultrapar&#8217;s shareholders meetings; (ii)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">procedures to exchange any party&#8217;s shares in Ultra S.A. or in Parth for shares of Ultrapar; and (iii)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">procedures applicable to the exercise of right of first refusal, preemptive rights and drag along rights. Additionally, any third party purchasing Ultra S.A.&#8217;s shares bound by the shareholders&#8217; agreement must agree to be bound by the shareholders&#8217; agreement. See &#8220;Exhibit</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2.6 &#8212; 2018 Shareholders&#8217; Agreement, dated as of May</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2, 2018</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.&#8221;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span></p>
<p style="margin: 12pt 0pt 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">2020 Shareholders&#8217; Agreement</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">On August 18, 2020, Ultra S.A. and Parth entered into the 2020 Shareholders&#8217; Agreement to include P&#225;tria, in its capacity as Ultra S.A.'s shareholder then holding a 20% stake in Ultra S.A.'s capital stock, as consenting intervening party, therefore bound by the provisions of the 2020 Shareholders' Agreement. The 2020 Shareholders&#8217; Agreement replaced the 2018 Shareholders&#8217; Agreement in its entirety, and the terms and conditions remain substantially the same of the latter. On September 28, 2021, Ultra S.A. informed the Company that Mr. Marcos Marinho Lutz became</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> a</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> shareholder of Ultra S.A.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">holding </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">4% of its capital stock</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">and</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">also </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">became a</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">signatory of</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">the </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2020 Shareholders&#8217; Agreement</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> As of </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">December 31, 2021</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, the 2020 Shareholders' Agreement </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">bind</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">ed</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">a total of shares </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">representing </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">34.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">7</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">%</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">of the Company&#8217;s capital stock. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">See &#8220;Exhibit 2.13&#8212;2020 Shareholders&#8217; Agreement, dated as of August 18, 2020</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.&#8221;</span></p>
<p style="margin: 18pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Association and Other Covenants Agreement &#8212; Extrafarma </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">On September</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">30, 2013, Ultrapar, Extrafarma, Paulo Correa Lazera, Katia Correa Lazera, Pedro Jos&#233; Correa Lazera, Roberto Correa Lazera, Tania Lazera Lima Paes, Tereza Lazera Kemp and Sandra Correa Lazera, each individual being a former shareholder of Extrafarma entered into an Association and Other Covenants Agreement to effect the merger of shares (</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">incorpora&#231;&#227;o de a&#231;&#245;es</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">) of Extrafarma with Ultrapar. See &#8220;Exhibit</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">4.17 &#8211; Summary of the Association and Other Covenants Agreement, dated September</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">30, 2013</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.&#8221;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span></p>
<p style="margin: 18pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Notes in the foreign market </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">In October 2016, the subsidiary Ultrapar International S.A. issued notes in the international market in the principal amount of US$750</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million, with maturity in October 2026 and interest rate of 5.25%</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">per annum, with interest payable semiannually. The issue price was 98.097% of its face value. The notes are jointly and unconditionally guaranteed by Ultrapar and by the subsidiary I</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">piranga</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">. See &#8220;Exhibit 2.8 &#8211; Indenture, dated as of October</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">6, 2016</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.&#8221;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">In June 2019, the subsidiary Ultrapar International repurchased US$200</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million in notes due 2026. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">In June 2019, the subsidiary Ultrapar International S.A. issued notes in the international market in the principal amount of US$500</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million, with maturity in June 2029 and interest rate of 5.25%</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">per annum, with interest payable semiannually. The issue price was 100% of its face value. The notes are jointly and unconditionally guaranteed by Ultrapar and by the subsidiary I</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">piranga</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">. See &#8220;Exhibit 2.9 &#8211; Indenture, dated as of June</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">6, 2019</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.&#8221;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">In July 2020, Ultrapar</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> International</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> reopened its 2029 notes issued in the international market and issued additional notes in the total amount of US$350.0 million at an interest rate of 5.25% per year with the same characteristics of the 2029 notes (Item</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">5.B. Operating and Financial Review and Prospects&#8212;Liquidity and Capital Resources&#8212;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Consolidated Debt</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;Notes in the Foreign Market</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.&#8221;</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">As a result of the issuance of the notes in the foreign market, Ultrapar and its subsidiaries are required to perform certain obligations, including: </span></p>
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<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Restriction on sale of all or substantially all assets of Ultrapar and subsidiaries Ultrapar International and I</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">piranga</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">; </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Restriction on encumbrance of assets exceeding US$150 million or 15% of the amount of the consolidated tangible assets.&#160;</span></li>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ultrapar and its subsidiaries are in compliance with the levels of covenants required by this debt. The restrictions imposed on Ultrapar and its subsidiaries are customary in transactions of this nature and have not limited their ability to conduct their business to date. </span></p>
<p style="margin: 18pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Debentures </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">In March 2018, Ultrapar completed its sixth issuance of R$1,725</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.0</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million in public debentures, which mature in March 2023 and bear interest at 105.25% of DI, with principal due at maturity. The proceeds of the issuance were used to redeem 800</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">debentures from the fifth issuance at the final maturity date and to lengthen its debt profile, providing greater financial flexibility. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">For more information on our debentures, see &#8220;Item</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">5.B. Operating and Financial Review and Prospects&#8212;Liquidity and Capital Resources&#8212;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Consolidated Debt</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.&#8221;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span></p>
<p style="margin: 18pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Banco do Brasil </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Our subsidiary I</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">piranga</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> entered into several loan agreements with Banco do Brasil S.A. to finance the marketing, processing or manufacturing of agricultural goods (particularly ethanol). The loan agreements contain certain financial penalties for failure to make required payments, limits on permitted usages of the borrowed amounts (which are linked to certain agricultural products expenditures) and loan acceleration clauses. In addition, these agreements contain cross default clauses, requiring the principal and accrued interest to be paid in full for certain events. </span></p>
<p style="font-size: 10pt; line-height: 108%; margin: 0pt 0pt 8pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="font-size: 10pt; line-height: 108%; margin: 0pt 0pt 8pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">For further detail on </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">financial instruments of Ultrapar and its subsidiaries, see </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">N</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">ote</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">7</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> to our consolidated financial statements and &#8220;Item</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">5.B. Operating and Financial Review and Prospects&#8212;Liquidity and Capital Resources&#8212;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Consolidated Debt</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.&#8221;</span></p>
<p style="margin: 18pt 0pt 0pt 24.5pt; page-break-after: avoid; text-indent: -24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">D.</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160; &#160; &#160; &#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Exchange Controls </span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">There are no restrictions on ownership of our common shares or ADS by individual or legal entities domiciled outside Brazil. However, the right to convert dividend payments, interest on shareholders&#8217; equity payments, and proceeds from the sale of our shares into foreign currency and to remit such amounts abroad is subject to restrictions under foreign investment legislation, which generally require, among other things, that the relevant investment be registered with the Central Bank and the CVM. </span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Foreign investors may register their investment in our shares under Law 4,131, dated as of September</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">3, 1962, as amended, or Law 4,131, or under Resolution No.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">4,373, dated as of September</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">29, 2014 (which replaced Resolution No.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2,689, dated of January</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">26, 2000), or Resolution No.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">4,373. Registration under Resolution No.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">4,373 affords favorable tax treatment to foreign investors who are not residents in a &#8220;tax haven&#8221; jurisdiction (i.e. countries that do not impose income tax or where the maximum income tax rate is lower than 20%), as defined by Brazilian tax laws. </span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Portfolio foreign investments are regulated by Resolution No.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">4,373 and CVM Resolution 13, as amended, or CVM Resolution 13. Resolution No.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">4,373 provides that foreign investors may invest in financial and capital markets in Brazil, including by means of the issuance of depositary receipts in foreign markets in respect of shares of Brazilian issuers, provided that certain requirements are fulfilled. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Under Resolution No.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">4,373, foreign investors may invest in the same instruments and operational modalities available to the investors residing or domiciled in Brazil. The definition of foreign investor includes individuals, legal entities, funds and other collective investment entities, residing, domiciled or headquartered abroad. </span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Pursuant to Annex I of Resolution No.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">4,373 and CVM Resolution 13, among the requirements applicable, in order to invest in Brazil under the mentioned resolution, a foreign investor must: </span></p>
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<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">appoint at least one representative in Brazil, which must be a financial institution or other institution authorized to operate by the Central Bank of Brazil. The local representative appointed by the foreign investor shall be responsible for performing and updating the registration of the investments made by the foreign investor with the Central Bank of Brazil, as well as the registration of the foreign investor with the CVM; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">through its representative in Brazil, register itself as a foreign investor with the CVM; </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">through its representative in Brazil, register its foreign investment with the Central Bank; and </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 6pt 0pt 0pt 37.95pt; padding-left: 8.25pt; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">appoint an authorized custodian in Brazil for its investments, which must be a financial institution or entity duly authorized by the Central Bank or CVM. Pursuant to article 2, &#167;4&#186; of the Annex I of Resolution No.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">4,373, individuals are not subject to this requirement</span></li>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Securities and other financial assets held by non-Brazilian investors pursuant to Annex I Resolution No.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">4,373 must be registered or maintained in deposit accounts or under the custody of an entity duly authorized by the Central Bank or the CVM, as applicable, or be registered with clearing houses and other entities that provide services of registration, clearing and settlement duly licensed by the Brazilian Central Bank or the CVM, as applicable. In the case of Depositary Receipts (DRs), the record must be made by the Brazilian custodian entity on behalf of the foreign depositary institution. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Annex II of Resolution</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">No. 4,373 of the National Monetary Council provides for the issuance of depositary receipts in foreign markets in respect of shares of Brazilian issuers. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">For purposes of the mandatory registration with the Central Bank of Brazil of foreign investments in the Brazilian financial and capital markets, Resolution No.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">4,373 expressly provides that simultaneous foreign exchange transactions (i.e. without effective transfer of funds to or from abroad) shall be required in specific situations, including (i)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">conversion of credits held by foreign investors in Brazil into foreign investment in the financial and capital markets; (ii)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">transfer of investments made in depositary receipts to the modality of foreign direct investments (or</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">investimento estrangeiro direto</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">) under Law No.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">4,131 or investments in the Brazilian financial and capital markets under Annex</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">I of Resolution. No.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">4,373; and (iii)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">transfer of investments in the Brazilian financial and capital markets under Annex I of Resolution.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">No. 4,373 to the modality of foreign direct investments (or</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">investimento estrangeiro direto</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">) under Law No.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">4,131. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">In addition, Resolution No.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">4,373 does not allow foreign investors to perform investments or sell the invested assets outside of organized markets, except as expressly authorized by the CVM through specific regulation or according to the exceptions provided in CVM Resolution 13. Pursuant to CVM Resolution 13, the exceptions for investments outside of organized markets include subscription, stock bonus, initial public offers and the exercise of put options for shareholders that remain following a tender offer, among others. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Foreign investors must be registered with the Brazilian Internal Revenue Service (&#8220;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Receita Federal</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8221;) pursuant to the Nominative Instruction 1,863, dated as of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">27, 2018 and Nominative Instruction 1,548, dated as of February</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">13, 2015</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">. This registration process is undertaken by the investor&#8217;s legal representative in Brazil. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The right to convert dividend payments and proceeds from the sale of our shares into foreign currency and to remit such amounts outside Brazil is subject to restrictions under foreign investment legislation which generally requires, among other things, that the relevant investment be registered with the Central Bank and the CVM. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">We have obtained a certificate of registration in the name of The Bank of New York Mellon, the depositary, with respect to our ADS program. Pursuant to this certificate, the custodian and the depositary are able to convert dividends and other distributions with respect to the shares represented by ADSs into foreign currency and to remit the proceeds outside Brazil. In order for a holder of our ADSs to surrender its ADSs for the purpose of withdrawing the shares represented thereby, the investor is required to register as a Resolution No.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">4,373 investor and meet the requirements mentioned above, as well as register its investment with the Central Bank. If the investor&#8217;s representatives fail to obtain or update the relevant certificates of registration, the investor may incur additional expenses or be subject to operational delays which could affect its ability to receive dividends or distributions relating to the shares or the return of its capital in a timely manner. An investor who surrenders its ADSs and withdraws the shares thereunder may be subject to less favorable Brazilian tax treatment on the gains from the disposition of the investment than a holder of ADSs. </span></p>
<p style="margin: 12pt 0pt 0pt; text-align: justify; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Under Brazilian law, whenever there is a serious imbalance in Brazil&#8217;s balance of </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">payments or reasons to foresee a serious imbalance, the Brazilian government may impose temporary restriction on the remittance of foreign currency abroad and on the conversion of Brazilian currency into foreign currencies. Such restrictions may hinder or prevent the custodian or holders who have exchanged ADSs for underlying shares from converting distributions or the proceeds from any sale of such shares, as the case may be, into U.S. dollars and remitting such proceeds abroad.</span></p>
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<p style="margin: 10pt 0pt 0pt 24.5pt; page-break-after: avoid; text-align: justify; text-indent: -24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">E.</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160; &#160; &#160; &#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Taxation </span></p>
<p style="margin: 6pt 0pt 0pt; text-align: justify; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">This description does not purport to be a comprehensive description of all of the tax considerations that may be relevant to any particular investor, including tax considerations that shall arise from rules of general application to all taxpayers or to certain classes of investors or that are generally assumed to be known by investors.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span></p>
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<p style="margin: 12pt 0pt 0pt; text-align: justify; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">This summary is based upon tax laws of Brazil and the United States as of the date of this annual report, which are subject to change, possibly with retroactive effect, and to differing interpretations. Investors who hold our shares and ADSs should consult their own tax advisors as to the Brazilian, U.S. or other tax considerations relating to the ownership and disposition of shares or ADSs, including, in particular, the effect of any non-U.S., state or local tax laws. </span></p>
<p style="margin: 12pt 0pt 0pt; text-align: justify; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The tax considerations described below do not take into account the effects of a possible future income tax treaty between Brazil and the United States. We cannot assure you as to whether or when an income tax treaty will enter into force or how it will affect U.S. Holders of our shares or ADSs. </span></p>
<p style="margin: 12pt 0pt 0pt; text-align: justify; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">This summary does not address any tax issues that affect solely the Company, such as deductibility of expenses.</span></p>
<p style="margin: 18pt 0pt 0pt; page-break-after: avoid; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Brazilian Tax Consequences </span></p>
<p style="margin: 6pt 0pt 0pt; text-align: justify; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">General.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> The following discussion summarizes the main Brazilian tax considerations relating to the ownership and disposal of our shares or ADSs, as the case may be, by a holder that is not domiciled in Brazil for purposes of Brazilian taxation and, in the case of shares, has registered its investment in such securities with the Central Bank as a direct investment (in each case, a &#8220;Non-Brazilian Holder&#8221;). The following discussion does not address all of the Brazilian tax considerations applicable to any particular Non-Brazilian Holder. Therefore, each Non-Brazilian Holder should consult his or her own tax advisors concerning the Brazilian tax considerations relating to an investment in our shares or ADSs. </span></p>
<p style="margin: 12pt 0pt 0pt; text-align: justify; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Law No.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">12,973 enacted on May</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">13, 2014 established new rules regarding the withholding tax exemption available on the payment of dividends and interest on capital. The legislation had no material impact, as foreseen by the tax consultants in the 20-F form in the previous year. </span></p>
<p style="margin: 12pt 0pt 0pt; text-align: justify; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Taxation of dividends.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Dividends paid by us, including stock dividends and other dividends paid in property, to the depositary in respect of the shares, or to a Non-Brazilian Holder in respect of shares, are currently exempted from withholding tax in Brazil to the extent that the dividends are paid out of profits as of January</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1, 1996. Dividends relating to profits generated prior to January</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1, 1996 may be subject to Brazilian withholding income tax at varying rates, depending on the year the profits were generated. </span></p>
<p style="margin: 12pt 0pt 0pt; text-align: justify; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Interpretation of the Discussion on the Definition of &#8220;Favorable Tax Jurisdiction</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">.&#8221;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">On June</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">4, 2010, Brazilian tax authorities enacted Normative Instruction</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1,037 listing (i)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">the countries and jurisdictions considered as favorable tax jurisdiction or where local legislation does not allow access to information related to the shareholding composition of legal entities to their ownership or to the identity of the effective beneficiary of the income attributed to non-residents, or &#8220;tax haven&#8221; jurisdictions, and (ii)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">the privileged tax regimes, whose definition is provided by Law No.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">11,727, dated as of June</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">23, 2008. Although we believe that the best interpretation of the current tax legislation could lead to the conclusion that the above mentioned &#8220;privileged tax regime&#8221; concept should apply solely for purposes of Brazilian transfer pricing, thin capitalization and controlled foreign company rules, we cannot assure you whether subsequent legislation or interpretations by the Brazilian tax authorities regarding the definition of a &#8220;privileged tax regime&#8221; provided by Law No.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">11,727/08 will also apply to a Non-Brazilian Holder on payments potentially made by a Brazilian source.&#160;</span></p>
<p style="margin: 12pt 0pt 0pt; text-align: justify; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Moreover, on November</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">28, 2014, due to the enactment of Ordinance No.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">488, the definition of a favorable tax jurisdiction, for the purposes described above, was changed from jurisdictions where there is no income tax, or the income tax applicable rate is inferior to 20%, to jurisdictions where there is no income tax, or the income tax applicable rate is inferior to 17% (if the country is aligned with the international standards of fiscal transparency defined by Brazilian legislation). </span></p>
<p style="margin: 12pt 0pt 0pt; text-align: justify; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">We recommend prospective investors consult their own tax advisors from time to time to verify any possible tax consequences arising of Normative Ruling No.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1,037/10 and Law No.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">11,727/08. If the Brazilian tax authorities determine that the concept of &#8220;privileged tax regime&#8221; provided by Law No.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">11,727/08 will also apply to a Non-Resident Holder on payments potentially made by a Brazilian source, the withholding income tax applicable to such payments could be assessed at a rate up to 25%.</span></p>
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<p style="margin: 12pt 0pt 0pt; text-align: justify; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Payments of interest on capital. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Law No.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">9,249, dated as of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">26, 1995, permits Brazilian corporations to make distributions to shareholders of interest on capital, or interest attributed to shareholders&#8217; equity. </span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; text-align: justify; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">These distributions may be paid in cash and such payments represent a deductible expense from the payer&#8217;s corporate income tax and social contribution on net profits tax basis. The deduction of such interest is limited to the daily pro rata variation of the Federal Government&#8217;s long-term interest rate, or TJLP, as determined by the Central Bank from time to time, and cannot exceed the greater of: </span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">50% of net income (determined after the social contribution on net profits and before the provision for corporate income tax, and the amounts attributable to shareholders as interest on net equity) related to the period in which the payment is made; or </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">50% of the sum of accrued profits and profits reserves. </span></li>
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<p style="margin: 12pt 0pt 0pt; text-align: justify; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Any payment of interest on capital to shareholders (including holders of ADSs in respect of shares) is subject to a withholding income tax at a rate of 15%, or 25% if the Non-Brazilian Holder is domiciled in a &#8220;tax haven&#8221; jurisdiction (&#8220;Tax Haven Holder&#8221;). These payments may be included, net of withholding income taxes, as part of any mandatory dividend. </span></p>
<p style="margin: 12pt 0pt 0pt; text-align: justify; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">To the extent that payments of interest on capital are included as part of a mandatory dividend, we are required to distribute an additional amount to ensure that the net amount received by shareholders, after payment of the applicable withholding income tax, is at least equal to the mandatory dividend.</span></p>
<p style="margin: 12pt 0pt 0pt; text-align: justify; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Distributions of interest on net equity to foreign holders may be converted into U.S. dollars and remitted outside Brazil, subject to applicable exchange controls, to the extent that the investment is registered with the Central Bank. </span></p>
<p style="margin: 12pt 0pt 0pt; text-align: justify; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">We cannot assure you if our Board of Directors will determine that future distributions should be made by means of dividends or interest on capital. </span></p>
<p style="margin: 12pt 0pt 0pt; text-align: justify; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Taxation of gains.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> According to Law No.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">10,833, dated as of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">29, 2003, the gains recognized on a disposal of assets located in Brazil, such as our shares, by a Non-Brazilian Holder, are subject to withholding income tax in Brazil. This rule is applicable regardless of whether the disposal is conducted in Brazil or abroad and/or if the disposal is made to an individual or entity resident or domiciled in Brazil, or not. </span></p>
<p style="margin: 12pt 0pt 0pt; text-align: justify; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">As a general rule, capital gains realized as a result of a disposal transaction are the positive difference between the amount realized on the disposal of the shares and the respective acquisition cost. </span></p>
<p style="margin: 12pt 0pt 0pt; text-align: justify; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Under Brazilian law, however, income tax rules on such gains may vary depending on the domicile of the Non-Brazilian Holder, the type of registration of the investment by the Non-Brazilian Holder with the Brazilian Central Bank and how the disposition is carried out, as described below.</span></p>
<p style="margin: 12pt 0pt 0pt; text-align: justify; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Capital gains realized by Non-Brazilian Holders on the disposal of shares sold on the Brazilian stock exchange (which includes the transactions carried out on the organized over-the-counter market): </span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">are subject to the withholding income tax at a zero percent rate when realized by a Non-Brazilian Holder that (i)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">has registered its investment in Brazil before the Central Bank under the rules of Resolution No. 4,373</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> issued by </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">the Brazilian Monetary Counsel (&#8220;Registered Holder&#8221;) and (ii)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">is not resident or located in a country or location which is defined as a &#8220;Favorable Tax Jurisdiction&#8221;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> as described above; and </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">are subject to income tax at a rate of 15% with respect to gains realized by(i) a Non-Brazilian Holder that is not a Registered Holder (including a Non-Brazilian Holder who qualifies under Law No.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">4,131/62) and is not resident or domiciled in a &#8220;Favorable Tax Jurisdiction&#8221; and (ii) gains earned by Tax Haven Holders that are Registered Holders. In this case, a withholding income tax of 0.005% shall be applicable and withheld by the intermediary institution (</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">i.e.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, a broker), and can be later offset against any income tax due on the capital gain. </span></li>
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<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; text-align: justify; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Any other gains realized on the disposal of shares that are sold on the Brazilian stock exchange or on the organized over-the-counter market: </span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">are subject to income tax at a rate of 15% when realized by any Non-Brazilian Holder that is not a Tax Haven Holder, no matter if a Registered Holder or not; and </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">are subject to income tax at a rate of 25% when realized by a Tax Haven Holder, no matter if a Registered Holder or not. </span></li>
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<p style="margin: 12pt 0pt 0pt; text-align: justify; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">In the cases above, if the gains are related to transactions conducted on the Brazilian non-organized over-the-counter market with intermediation, the withholding income tax of 0.005% shall also be applicable on the gross proceeds and can be offset against any income tax due on the capital gain. </span></p>
<p style="margin: 12pt 0pt 0pt; text-align: justify; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Any exercise of preemptive rights relating to shares will not be subject to Brazilian income tax. Gains realized by a Non-Brazilian Holder on the disposal of preemptive rights will be subject to Brazilian income tax according to the same rules applicable to disposal of shares. </span></p>
<p style="margin: 12pt 0pt 0pt; text-align: justify; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">There can be no assurance that the current favorable tax treatment of Registered Holders will continue in the future. </span></p>
<p style="margin: 12pt 0pt 0pt; text-align: justify; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Furthermore, according to the general rules set forth in Law No.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">13,259/2016, any other gains on the disposal of shares (out of the Brazilian stock exchange and qualified under Law No.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">4131/62) are subject to income tax at a progressive rate from 15% to 22.5%, or 25% if the resident is located in a &#8220;Favorable Tax jurisdiction&#8221; or Tax Haven. </span></p>
<p style="margin: 18pt 0pt 0pt; page-break-after: avoid; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Sale of ADS and shares by non-Brazilian Holders to other non-residents in Brazil </span></p>
<p style="margin: 6pt 0pt 0pt; text-align: justify; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Pursuant to Section</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">26 of Law No.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">10,833, published on December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">29, 2003, the sale of property located in Brazil involving non-resident investors is subject to Brazilian income tax as of February</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1, 2004. Our understanding is that ADSs do not qualify as property located in Brazil and, thus, should not be subject to the Brazilian withholding tax. We cannot assure you, however, that the Brazilian tax authorities or the Brazilian courts will agree with this interpretation. As a result, gains on a disposition of ADSs by a Non-Brazilian Holder to a non resident, in the event that courts determine that ADSs would constitute assets located in Brazil, may be subject to income tax in Brazil according to the rules applicable to our common shares, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">as </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">described above.</span></p>
<p style="margin: 12pt 0pt 0pt; text-align: justify; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Insofar as the regulatory norm referred to in Section</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">26 is generic and since, at the present time, no definitive jurisprudence provided by Brazilian Superior Courts has been established with respect to this matter, we are unable to assure the final outcome of such discussion.&#160;</span></p>
<p style="margin: 10pt 0pt 0pt; page-break-after: avoid; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Gains on the exchange of ADS for shares </span></p>
<p style="margin: 6pt 0pt 0pt; text-align: justify; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Although there is no clear regulatory guidance, the exchange of ADSs for shares should not be subject to Brazilian income tax. Non-Brazilian Holders may exchange their ADSs for the underlying shares, sell the shares on a Brazilian stock exchange and remit abroad the proceeds of the sale within five business days from the date of exchange (in reliance on the depositary&#8217;s electronic registration). For further information, see &#8220;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Taxation of Bonds and Securities Transactions (IOF/Bonds)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.&#8221;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Our understanding is that the exchange of ADSs for the underlying shares and sale of shares within the period mentioned above by a Non-Brazilian Holder that (i)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">is a Registered Holder and (ii)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">is not a Tax Haven Holder, should not be subject to the withholding income tax. </span></p>
<p style="margin: 12pt 0pt 0pt; text-align: justify; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Upon receipt of the underlying shares in exchange for ADSs, Non-Brazilian Holders may also elect to register with the Central Bank the U.S. dollar value of such shares as a foreign portfolio investment under the rules of the Brazilian Monetary Counsel, which will entitle them to the tax treatment referred above in connection with Registered Holders. </span></p>
<p style="margin: 12pt 0pt 0pt; text-align: justify; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Alternatively, the Non-Brazilian Holder is also entitled to register with the Central Bank the U.S. dollar value of such shares as a foreign direct investment under Law No.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">4,131/62, in which case the respective sale would be subject to the tax treatment of Non-Brazilian Holders that are not Registered Holders.</span></p>
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<p style="margin: 18pt 0pt 0pt; page-break-after: avoid; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Gains on the exchange of shares for ADS </span></p>
<p style="margin: 6pt 0pt 0pt; page-break-after: avoid; text-align: justify; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The deposit of shares in exchange for the ADSs may be subject to Brazilian income tax on capital gains if the amount previously registered with the Central Bank as a foreign investment in shares (direct investment registered under Law No.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">4,131/62) or, in the case of Registered Holders, the acquisition cost of the shares, as the case may be, is lower than: </span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">the average price per share on the Brazilian stock exchange on which the greatest number of such shares were sold on the day of the deposit; or </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">if no shares were sold on that day, the average price on the Brazilian stock exchange on which the greatest number of shares were sold during the 15 preceding trading sessions. </span></li>
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<p style="margin: 12pt 0pt 0pt; text-align: justify; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The difference between the amount previously registered, or the acquisition cost, as the case may be, and the average price of the shares, calculated as set forth above, is considered a capital gain subject to income tax at a rate of 15%, or 25% for Tax Haven Holders. </span></p>
<p style="margin: 12pt 0pt 0pt; text-align: justify; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Taxation of Foreign Exchange Transactions (IOF/Exchange). </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">IOF/Exchange is imposed on the conversion of Brazilian </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Reais </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">into foreign currency and on the conversion of foreign currency into </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Reais</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 12pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Currently, the applicable rate for most foreign currency exchange transactions is 0.38%, however, in the case of the settlement of foreign exchange transactions for the flow of capital into the country, made by foreign investors, for transactions in the financial and capital markets, the applicable rate is 0%.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> On March 16, 2021, the Brazilian Government issued Decree 10,977/22, which establishes that IOF rate should be reduced to zero by 2029.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> The Brazilian Federal Government is permitted to increase the rate at any time, up to 25%. However, any increase in rates only applies to future transactions. </span></p>
<p style="margin: 12pt 0pt 0pt; text-align: justify; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Taxation of Bonds and Securities Transactions (IOF/Bonds). </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Law No.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">8,894, dated as of June</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">21, 1994, created the IOF/Bonds, which may be imposed on any transaction involving bonds and securities, even if the transaction includes Brazilian stock, futures or commodities exchange. The Federal Supreme Court of Brazil decided that the transfer of shares shall be taxed by IOF/Bonds. The current rate of IOF/Bonds with respect to transactions of shares is 0%. Regarding the ADSs, under the Decree No.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">8,165, from December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">23, 2013 which amended the Decree No.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">6,306, from December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">14, 2007, the IOF/Bonds rate applicable to the transfer of shares listed on the Brazilian stock exchange, with the specific purpose of guaranteeing the issuance of depositary receipts in the foreign market, is currently 0%. The Brazilian government may increase the rate up to 1.5%</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">per day during the terms of the securities, but only with respect to future transactions relating to shares or ADSs. </span></p>
<p style="margin: 12pt 0pt 0pt; text-align: justify; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Other Brazilian Taxes.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Some Brazilian states impose gift and inheritance tax on gifts or bequests made by individuals or entities not domiciled or residing in Brazil to individuals or entities domiciled or residing within such states. There are no Brazilian stamp, issue, registration, or similar taxes or duties payable by holders of shares or ADSs. </span></p>
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<p style="margin: 18pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">U.S. Federal Income Tax Considerations </span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The following is a discussion of U.S. federal income tax considerations relating to the ownership and disposition of our shares or ADSs, but it does not purport to be a comprehensive description of all the tax considerations that may be relevant to U.S. Holders of our shares or ADSs. The discussion applies only to a U.S. Holder that holds our shares or ADSs as capital assets (generally, for investment purposes) for U.S. federal income tax purposes and does not address all the U.S. federal income tax considerations that may be relevant to a holder in light of its particular circumstances or to holders subject to special rules, such as dealers and traders in securities or currencies, financial institutions, insurance companies, tax-exempt entities, real estate investment trusts, regulated investment companies, persons that own, or have owned directly, indirectly or constructively, 10% or more of our shares (by vote or value) for U.S. federal income tax purposes, persons holding our shares or ADSs as part of a hedging transaction, wash sale, straddle, conversion transaction or other integrated transaction for U.S. federal income tax </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">purposes, persons entering into a &#8220;constructive sale&#8221; with respect to our shares or ADSs for U.S. federal income tax purposes, persons that have a functional currency for U.S. federal income tax purposes other than the U.S. dollar, certain former citizens or long-term residents of the United States, persons who acquired our shares or ADSs pursuant to the exercise of any employee stock option or otherwise as compensation. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Moreover, this discussion does not address the U.S. federal estate and gift tax, Medicare contribution or alternative minimum tax considerations relating to the ownership or disposition of our shares or ADSs. U.S. Holders should consult their tax advisors with respect to the U.S. federal, state, local and non-U.S. tax considerations relating to the ownership and disposition of our shares or ADSs.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">This discussion is based on the Code, administrative pronouncements, judicial decisions and final, temporary and proposed U.S. Treasury regulations, in each case as in effect and available on the date hereof. All of the foregoing is subject to change (possibly on a retroactive basis), or differing interpretations, which could affect the U.S. federal income tax considerations described herein. There can be no assurance that the IRS or a court will not take a contrary position with respect to any U.S. federal income tax considerations described below. In addition, this discussion assumes that each obligation provided for in or otherwise contemplated by the Deposit Agreement and any other related document will be performed in accordance with its terms. </span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">For purposes of this discussion, a &#8220;U.S. Holder&#8221; is a beneficial owner of our shares or ADSs that is for U.S. federal income tax purposes (i)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">a citizen or individual resident of the United States, (ii)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">a corporation, or other entity taxable as a corporation, created or organized under the laws of the United States or any political subdivision thereof, (iii)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">an estate the income of which is subject to U.S. federal income taxation regardless of its source, or (iv)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">a trust, (1)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">if such trust has validly elected to be treated as a U.S. person for U.S. federal income tax purposes, or (2)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">if</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">a court within the United States is able to exercise primary supervision over its administration and</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">one or more U.S. persons have the authority to control all of the substantial decisions of such trust.&#160;</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">If a partnership, or any other entity or arrangement treated as a partnership for U.S. federal tax income tax purposes, holds shares or ADSs, the U.S. federal income tax treatment of a partner in such partnership will generally depend on the status of the partner and on the activities of the partnership. Partnerships holding our shares or ADSs and partners in such partnerships should consult their tax advisors as to the particular U.S. federal income tax considerations of owning and disposing of our shares or ADSs.</span></p>
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<p style="margin: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Ownership of </span>ADSs<span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;"> in general</span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">In general, U.S. Holders of ADSs will be treated for U.S. federal income tax purposes as owners of the shares underlying the ADSs. Accordingly, no gain or loss will be recognized if a U.S. Holder exchanges ADSs for the underlying shares represented by those ADSs or exchanges the underlying shares represented by those ADSs for ADSs.</span></p>
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<p style="margin: 0px; break-after: avoid; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Taxation of distributions </span></p>
<p style="margin: 6pt 0pt 0pt; page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Subject to the discussion below under &#8220;&#8212;Passive foreign investment company&#8221;, the gross amount of any distributions made to a U.S. Holder on our shares or ADSs, before reduction for any Brazilian taxes, including withholding taxes attributable to interest on equity, will be includable as ordinary dividend income on the day on which the dividends are actually or constructively received by a U.S. Holder to the extent paid out of our current or accumulated earnings and profits, as determined for U.S. federal income tax purposes. A distribution in excess of our current or accumulated earnings and profits will be treated as a non-taxable return of capital to the extent of the U.S. Holder&#8217;s adjusted basis in our shares or ADSs and as a capital gain to the extent it exceeds the U.S. Holder&#8217;s basis. We do not maintain calculations of our earnings and profits under U.S. federal income tax principles. Therefore, U.S. Holders should expect that distributions by us will generally be treated as dividends to U.S. Holders for U.S. federal income tax purposes. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">A non-corporate U.S. Holder will be subject to tax at the lower capital gain tax rate applicable to &#8220;qualified dividend income&#8221;, provided that certain conditions are satisfied, including that (1)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">our shares or ADSs, as applicable, are readily tradable on an established securities market in the United States, (2)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">we are neither a PFIC nor treated as such with respect to a U.S. Holder (as discussed below) for the taxable year in which the dividend was paid and the preceding taxable year, and (3)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">certain holding period requirements are met. Although no assurance may be given, we believe that our ADSs are readily tradable on the NYSE, which is an established securities market in the United States. There can be no assurance, however, that our ADSs will be considered readily tradable on an established securities market in the United States in later years. Because we do not expect that our shares will be listed on an established securities market in the United States, we do not expect that dividends we pay on our shares will meet the conditions required for the reduced tax rate.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Dividends paid to U.S. Holders in </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Reais</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> will be includable in income in a U.S. dollar amount based on the exchange rate in effect on the date of actual or constructive receipt whether or not converted into U.S. dollars at that time. If dividends received in </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Reais</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> are converted into U.S. dollars on the day they are actually or constructively received, the U.S. Holder will generally not be required to recognize foreign currency gain or loss in respect of the dividend income. Assuming the payment is not converted at that time, the U.S. Holder will have a tax basis in </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Reais</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> equal to that U.S. dollar amount, which will be used to measure gain or loss from subsequent changes in exchange rates. Any gain or loss that a U.S. Holder recognizes on a subsequent conversion of </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Reais</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> into U.S. dollars (or other disposition) will generally be U.S. source ordinary income or loss for U.S. foreign tax credit purposes. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Dividends on our shares or ADSs received by a U.S. Holder will generally be treated as foreign source income and will generally constitute passive category income for U.S. foreign tax credit purposes. Subject to certain conditions and limitations under U.S. federal income tax law concerning credits or deductions for non-U.S. taxes and certain exceptions for short-term and hedged positions, a Brazilian withholding tax imposed on dividends would be treated as a foreign income tax eligible for credit against a U.S. Holder&#8217;s U.S. federal income tax liability (or at a U.S. Holder&#8217;s election may be deducted in computing taxable income if the U.S. Holder has elected to deduct all foreign income taxes for the taxable year). The rules with respect to foreign tax credits are complex and U.S. Holders should consult their tax advisors regarding the availability of the foreign tax credit under their circumstances.</span></p>
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<p style="margin: 18pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Taxation of sale, exchange or other disposition of shares or ADSs </span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Subject to the discussion below under &#8220;&#8212;Passive foreign investment company&#8221;, a U.S. Holder will generally recognize gain or loss on the sale, exchange or other disposition of a share or ADS in an amount equal to the difference between the amount realized (including the gross amount of the proceeds before the reduction of any Brazilian tax) on such sale, exchange or other disposition and the U.S. Holder&#8217;s adjusted tax basis in such share or ADS. Subject to the discussion below under &#8220;&#8212;Passive foreign investment company&#8221;, gain or loss on the sale, exchange or other disposition of a share or ADS will be capital gain or loss and will be long-term capital gain or loss if the U.S. Holder held such share or ADS for more than one year. Gain or loss recognized by a U.S. Holder will generally be treated as U.S. source gain or loss for U.S. foreign tax credit purposes, as the case may be. An individual U.S. Holder may be entitled to preferential rates of taxation for net long-term capital gains; however, the deductibility of capital losses is subject to limitations under the Code. </span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">A U.S. Holder&#8217;s initial tax basis of our shares or ADSs will be the U.S. dollar value of the purchase price determined on the date of purchase. If our shares or ADSs are treated as traded on an &#8220;established securities market,&#8221; a cash basis U.S. Holder (or, if it elects, an accrual basis U.S. Holder) will determine the U.S. dollar value of the cost of such shares or ADSs by translating the amount paid at the spot rate of exchange on the settlement date of the purchase. The conversion of U.S. dollars to </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Reais</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> and the immediate use of that currency to purchase shares or ADSs will generally not result in taxable gain or loss for a U.S. Holder. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">A U.S. Holder that receives </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Reais</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> upon a sale, exchange or other disposition of our shares or ADSs will realize an amount equal to the U.S. dollar value of the </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Reais</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> on the date of sale, exchange, or other disposition. If our shares or ADSs are treated as traded on an &#8220;established securities market,&#8221; a cash basis U.S. Holder (or, if it elects, an accrual basis U.S. Holder) will determine the U.S. dollar value of the amount realized by translating the amount received at the spot rate of exchange on the settlement date of the sale, exchange or other disposition. A U.S. Holder will have a tax basis in the </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Reais</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> received equal to that U.S. dollar amount. Any gain or loss realized by a U.S. Holder on a subsequent conversion of </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Reais</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> into U.S. dollars (or other disposition) will generally be U.S. source ordinary income or loss for U.S. foreign tax credit purposes. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">If any gain from the sale, exchange or other disposition of our shares or ADSs is subject to Brazilian tax, U.S. Holders may not be able to credit such taxes against their U.S. federal income tax liability under the U.S. foreign tax credit limitations of the Code since such gain will generally be U.S. source income, unless such tax can be credited (subject to applicable limitations) against tax due on other income treated as derived from foreign sources. Alternatively, the U.S. Holder may take a deduction for the Brazilian income tax if such holder does not take a credit for any foreign income tax during the taxable year. The rules with respect to foreign tax credits are complex and U.S. Holders should consult their tax advisors regarding the availability of the foreign tax credit under their particular circumstances. </span></p>
<p style="margin: 18pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Passive foreign investment company </span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">In general, certain adverse consequences could apply to a U.S. Holder if we are treated as a PFIC for any taxable year during which the U.S. Holder holds our shares or ADSs. A non-U.S. corporation will be classified as a PFIC for U.S. federal income tax purposes in any taxable year in which, after applying certain look-through rules, either (i)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">at least 75</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">percent of its gross income consists of &#8220;passive income&#8221;, such as dividends, interest, rents, royalties and certain gains, including certain gains from commodities transactions, other than those that meet the Commodity Exception, or (ii)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">at least 50</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">percent of the average quarterly value of its gross assets is attributable to assets that produce or are held for the production of passive income.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">We must make a separate determination each year as to whether we are a PFIC. Based on a review of our gross income and assets, the manner in which we currently operate our business, the current market price of our shares, and the current interpretation of the PFIC rules, including the Commodity Exception, we believe that we were not a PFIC for U.S. federal income tax purposes for the 2019 taxable year. However, the determination as to whether we are a PFIC for any taxable year is based on the application of complex U.S. federal income tax rules, which are subject to differing interpretations, depends upon the composition of a company&#8217;s income and assets and the market value of its assets from time to time, and is not made until after the end of a taxable year. Consequently, there can be no assurance that we will not be considered a PFIC for the current taxable year or any subsequent taxable year. </span></p>
<p style="margin: 12pt 0pt 6pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">If we are a PFIC for any taxable year during which a U.S. Holder holds our shares or ADSs, a U.S. Holder of our shares or ADSs may be subject to imputed interest charges and other generally adverse tax consequences with respect to any gain from the sale, exchange or other taxable disposition of, and certain &#8220;excess distributions&#8221; with respect to, our shares or ADSs. Distributions received in a taxable year that are greater than 125</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">percent of the average annual distributions received during the shorter of (i)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">the three preceding taxable years or (ii)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">a U.S. Holder&#8217;s holding period for the shares or ADSs will be treated as &#8220;excess distributions</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.&#8221;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Under these special tax rules: (A)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">any excess distributions or gain will be allocated ratably to each day in the U.S. Holder&#8217;s holding period for the shares or ADSs, (B)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">the amount allocated to the taxable year of disposition, and any taxable year prior to the first taxable year in which we are a PFIC, will be treated as ordinary income, and (C)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">the amount allocated to each other taxable years that we were a PFIC will be subject to tax at the highest tax rate applicable to ordinary income in effect for such taxpayer for each such earlier taxable year and the interest charge generally applicable to underpayments of tax will be imposed on the resulting tax attributable to each such year.</span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">If we are a PFIC for any taxable year during which a U.S. Holder holds our shares or ADSs and any of our non-U.S. subsidiaries is also a PFIC, such U.S. Holder would be treated as owning a proportionate amount (by value) of the shares of the lower-tier PFIC and would be subject to the rules described above on certain distributions by such lower-tier PFIC and a disposition of shares of such lower-tier PFIC even though such U.S. Holder would generally not receive the proceeds of those distributions or dispositions. U.S. Holders should consult their tax advisors regarding the application of the PFIC rules to any of our subsidiaries. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">If a company that is a PFIC provides certain information to U.S, Holders, a U.S. Holder can then avoid certain adverse tax consequences described above by making a &#8220;qualified electing fund&#8221; election to be taxed currently on its proportionate share of the PFIC&#8217;s ordinary income and net capital gains. However, a qualified electing fund election will not be available to U.S. Holders because we do not intend to provide the necessary information to allow U.S. Holders to make such an election for any tax year in which we are a PFIC. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Alternatively, a U.S. Holder of &#8220;marketable stock&#8221; in a PFIC may make a mark-to-market election with respect to such stock. Marketable stock is stock that is traded in other than de minimis quantities on at least 15 days during each calendar quarter (&#8220;regularly traded&#8221;) on a qualified exchange (such as the NYSE) or other market as defined in applicable U.S. Treasury regulations. We believe that our shares and ADSs qualify as being regularly traded on a qualified exchange, but no assurances may be given in this regard. If a U.S. Holder makes this election, such holder will generally (i)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">include as income for each taxable year the excess, if any, of the fair market value of our shares or ADSs held at the end of the taxable year over the adjusted tax basis of such shares or ADSs and (ii)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">deduct as a loss the excess, if any, of the adjusted tax basis of our shares or ADSs over the fair market value of such shares or ADSs held at the end of the taxable year, but only to the extent of the amount previously included in income as a result of the mark-to-market election. The U.S. Holder&#8217;s adjusted tax basis in our shares or ADSs would be adjusted to reflect any income or loss resulting from the mark-to-market election. If a U.S. Holder makes a mark-to-market election in respect of a corporation classified as a PFIC and such corporation ceases to be classified as a PFIC, such holder will not be required to take into account the gain or loss described above during any period that such corporation is not classified as a PFIC. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Because a mark-to-market election cannot be made for any lower-tier PFICs that we may own, a U.S. Holder may continue to be subject to the PFIC rules with respect to such holder&#8217;s indirect interest in any investments held by us that are treated as an equity interest in a PFIC for U.S. federal income tax purposes. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">U.S. Holders should consult their tax advisors regarding the tax consequences that would arise if we were treated as a PFIC for U.S. federal income tax purposes, including the possibility of making a mark-to-market election. </span></p>
<p style="margin: 18pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Foreign tax credit for Brazilian taxes </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Any Brazilian IOF/Exchange Tax imposed on a purchase of our shares or ADSs or IOF/Bonds Tax imposed on a transaction (as discussed above under &#8220;Brazilian Tax Consequences&#8221;) will not be treated as a creditable foreign tax for U.S. federal income tax purposes. U.S. Holders should consult their tax advisors regarding the tax consequences of these Brazilian taxes. </span></p>
<p style="margin: 18pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Certain reporting requirements </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Certain U.S. Holders are required to report to the IRS information relating to an interest in our shares or ADSs, subject to exceptions (including an exception for shares or ADSs held in accounts maintained by certain financial institutions), by attaching a complete IRS Form</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">8938, Statement of Specified Foreign Financial Assets, with their tax return for each year in which they held an interest in our shares or ADSs. If a U.S. Holder holds our shares or ADSs in any year in which we are treated as a PFIC with respect to such U.S. Holder, the U.S. Holder will be required to file IRS Form</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">8621 U.S. Holders should consult their tax advisors regarding the application of the U.S. information reporting rules to their particular circumstances.</span></p>
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<p style="margin: 18pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">THE PRECEDING DISCUSSION OF U.S. FEDERAL INCOME TAX CONSIDERATIONS IS INTENDED FOR GENERAL INFORMATION ONLY AND DOES NOT CONSTITUTE TAX ADVICE. U.S. HOLDERS SHOULD CONSULT THEIR TAX ADVISORS AS TO THE U.S. FEDERAL, STATE, LOCAL AND NON-U.S. TAX CONSEQUENCES TO THEM OF AN INVESTMENT IN OUR SHARES OR ADSs. </span></p>
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<p style="margin: 12pt 0pt 0pt 25.2pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Not applicable. </span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Statements contained in this annual report as to the contents of any contract or other document referred to are not necessarily complete, and each of these statements is qualified in all respects by reference to the full text of such contract or other document filed as an exhibit hereto. A copy of the complete annual report including the exhibits and schedules filed herewith is available on the website maintained by the SEC that contains information filed electronically with the SEC, which can be accessed over the internet at http://www.sec.gov. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">We are subject to the information and periodic reporting requirements of the Securities Exchange Act of 1934 as amended, and, in accordance therewith, file periodic reports and other information with the SEC. However, as a foreign private issuer, we are exempt from the rules under the Exchange Act relating to the furnishing and content of proxy statements and relating to short-swing profits reporting and liability. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">We furnish to The Bank of New York Mellon, as depositary, copies of all reports we are required to file with the SEC under the Exchange Act, including our annual reports in English, containing a brief description of our operations and our audited annual consolidated financial statements which are prepared in accordance with IFRS. In addition, we are required under the Deposit Agreement to furnish the depositary with copies of English translations to the extent required under the rules of the SEC of all notices of meetings of holders of common shares and other reports and communications that are generally made available to holders of common shares. Under certain circumstances, the depositary will arrange for the mailing, at our expense, of these notices, other reports and communications to all ADS holders.&#160;</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">We also file financial statements and other periodic reports with the CVM located at Sete de Setembro Street, 111, Rio de Janeiro, Brazil, 20050-901. In addition, the CVM maintains a website that contains information in Portuguese filed electronically with the CVM, which can be accessed over the internet at http://www.cvm.gov.br.&#160;</span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Not applicable.</span></p>
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<td style="width: 7.38348%;"><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -73.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-weight: bold;">ITEM</span><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -73.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-weight: bold;">&#160;</span><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -73.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-weight: bold;">11.</span><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -73.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-weight: bold;">&#160;</span></td>
<td style="width: 92.6165%;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" id="BM_0O84X5ZIBK00000000000000000000" class="customBookmark"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -73.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: inline !important;">QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK</span></a></td>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">You should read this discussion along with the </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">N</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">ote 3</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">3</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> to our consolidated financial statements. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The main risks to which the Company and its subsidiaries are exposed reflect strategic/operational and economic/financial aspects. Operational/strategic risks (including, but not limited to, demand behavior, competition, technological innovation, and material changes in the industry structure) are addressed by Ultrapar&#8217;s management model. Economic/financial risks primarily reflect default of customers, behavior of macroeconomic variables, such as exchange and interest rates, as well as the characteristics of the financial instruments used by the Company and by their counterparties. These risks are managed through control policies, specific strategies, and establishment of limits. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The Company has a policy for the management of resources, financial instruments, and risks approved by its Board of Directors (the &#8220;Policy&#8221;). In accordance with the Policy, the main objectives of financial management are to preserve the value and liquidity of financial assets and ensure financial resources for the development of the businesses, including expansions. The main financial risks considered in the Policy are market risks (currencies, interest rates and commodities), liquidity risks and credit risks.</span></p>
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<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The governance of the management of financial risks follows the segregation of duties below: </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The execution of the Policy has done by corporate financial board, through its treasury department, with the assistance of the accounting, legal and tax departments. </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The monitoring of compliance of the Policy and possible issues is the responsibility of the Financial Risk Committee, (&#8220;Committee&#8221;), which is composed of CFO, Treasury Director, Controller and other directors designated by the CFO. </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">The Committee holds quarterly meetings and monitors the risk standards established by the Policy through a monitoring map on a monthly basis. </span></li>
<li style="font-family: Symbol; font-size: 8pt; margin: 6pt 0pt 0pt 37.03pt; padding-left: 9.17pt; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Approval of the Policy and the periodic assessment of Company exposure to financial risks are subject to the approval of the Board of Directors of Ultrapar. </span></li>
</ul>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The Audit and Risks Committee advises the Board of Directors in the assessment of controls, management and exposure of financial risks and revision of Policy. The Risk, Compliance and Audit Department monitors of standards compliance of the Policy and reports to the Audit and Risks Committee the risks exposure and compliance or noncompliance with the Policy.&#160;</span></p>
<p style="margin: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><br/></span></p>
</div>
<div>
<p style="page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Currency risk </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Most business operations of Ultrapar are located in Brazil and, therefore, the reference currency for risk management is the </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Real</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">. Currency risk management is guided by neutrality of currency exposures and considers risks of Ultrapar and its exposure to changes in exchange rates. The Company considers as its main currency exposures the assets and liabilities in foreign currency and the short-term flow of net sales in foreign currency of Oxiteno. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The Company uses exchange rate hedging instruments (especially between the </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Real</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> and the U.S. dollar) available in the financial market to protect their assets, liabilities, receipts and disbursements in foreign currency and net investments in foreign operations. Therefore, hedge is used in order to reduce the effects of changes in exchange rates on the Company&#8217;s income and cash flows in </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Reais</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> within the exposure limits under its Policy. Such foreign exchange hedging instruments have amounts, periods, and rates substantially equivalent to those of assets, liabilities, receipts and disbursements in foreign currency to which they are related. Assets and liabilities in foreign currencies are stated below, translated into </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Reais</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> as of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2021</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2020 </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">and </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2019</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">: </span></p>
<p style="margin: 10pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Assets and liabilities in foreign currency</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"><br/></span></p>
<table cellpadding="0" style="height: 275px; border-collapse: collapse; margin: 0px 0px 0px 0.1px; font-family: 'times new roman'; font-size: 10pt; text-indent: 0px; width: 100%; margin-left: 0.1px;" width="100%">
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<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 17px; text-align: left; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"><span style="font-size: 8pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: left; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">In millions of</span><span style="color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: left; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-style: italic;">&#160;</span><span style="color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: left; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-style: italic;">Reais</span></span></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 17px; text-align: center;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; text-align: center;"><span style="font-size: 8pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-weight: bold; font-family: 'Times New Roman';">202</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-weight: bold; font-family: 'Times New Roman';">1</span></span></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 17px; text-align: center;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; text-align: center;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; text-align: center;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">2020</span></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 17px; text-align: center;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; text-align: center;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; text-align: center;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">2019</span></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; text-align: center; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="margin: 0px; break-after: avoid; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Assets in foreign currency</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; text-align: center; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom; text-align: center; background-color: #cceeff;" valign="bottom"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; text-align: left;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; background-color: #cceeff; text-align: left;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom; text-align: center; background-color: #cceeff;" valign="bottom"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 17px; text-align: center; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; text-align: center; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom; text-align: center; background-color: #cceeff;" valign="bottom"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; text-align: center; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px 0px 0px 10px; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom; width: 64%;" valign="bottom">
<p style="margin: 0px; break-after: avoid; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Cash, cash equivalents and financial investments in foreign currency (except hedging instruments)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; text-align: center; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom; text-align: center; border-bottom-width: 1px; width: 10%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">122.2</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; text-align: left; width: 1%;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; border-bottom-width: 1px; text-align: left; width: 1%;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom; text-align: center; border-bottom-width: 1px; width: 10%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">1,413.3</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 17px; text-align: center; border-bottom-width: 1px; width: 1%;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; text-align: center; border-bottom-width: 1px; width: 1%;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom; text-align: center; border-bottom-width: 1px; width: 10%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">455.6</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; text-align: center; height: 17px; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 10px; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Foreign trade receivables, net of allowance for doubtful accounts and advances to foreign customers</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; text-align: center; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom; text-align: center; border-bottom-width: 1px; background-color: #cceeff;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">1.3</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; text-align: left;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; text-align: left;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom; text-align: center; border-bottom-width: 1px; background-color: #cceeff;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">307.8</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 17px; text-align: center; border-bottom-width: 1px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; text-align: center; border-bottom-width: 1px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom; text-align: center; border-bottom-width: 1px; background-color: #cceeff;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">213.5</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; text-align: center; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px 0px 0px 10px; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Other net assets foreign (except cash, cash equivalents, financial investments, trade receivables, financing and payables)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; text-align: center; height: 17px;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom; text-align: center; border-bottom-width: 1px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">186.6</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; text-align: left;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; border-bottom-width: 1px; text-align: left;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom; text-align: center; border-bottom-width: 1px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">1,767.6</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 17px; text-align: center; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; text-align: center; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom; text-align: center; border-bottom-width: 1px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">1,445.0</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 17px; text-align: left;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 10px; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="margin: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Asset exposure in subsidiaries held for sales</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; text-align: center; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom; text-align: center; border-bottom: 1px solid #000000; background-color: #cceeff;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">3,839.2</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; text-align: left;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; text-align: left;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom; text-align: center; border-bottom: 1px solid #000000; background-color: #cceeff;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">-</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; text-align: left;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; text-align: left;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom; text-align: center; border-bottom: 1px solid #000000; background-color: #cceeff;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">-</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; text-align: left;"><br/></td>
</tr>
<tr style="height: 14px;">
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 14px; vertical-align: bottom;" valign="bottom">
<p style="line-height: 2pt; margin: 0px; break-after: avoid; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; text-align: center; height: 14px;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 14px; vertical-align: bottom; text-align: center; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">4,149.3</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 14px; border-bottom-width: 1px; text-align: left;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; border-bottom-width: 1px; text-align: left;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 14px; vertical-align: bottom; text-align: center; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">3,488.7</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 14px; border-bottom-width: 1px; text-align: left;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; border-bottom-width: 1px; text-align: left;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 14px; vertical-align: bottom; text-align: center; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2,114.1</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 14px; text-align: left;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Liabilities in foreign currency</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; text-align: center; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom; text-align: center; border-bottom-width: 1px; background-color: #cceeff;" valign="bottom">
<p style="line-height: 2pt; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; text-align: left;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; text-align: left;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom; text-align: center; border-bottom-width: 1px; background-color: #cceeff;" valign="bottom">
<p style="line-height: 2pt; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; text-align: left;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; text-align: left;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom; text-align: center; border-bottom-width: 1px; background-color: #cceeff;" valign="bottom">
<p style="line-height: 2pt; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; text-align: left;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding: 0px 0px 0px 10px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Financing in foreign currency gross of transaction costs and negative goodwill</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160; &#160; &#160; &#160; &#160;&#160;</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; text-align: center; height: 10px;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom; text-align: center; border-bottom-width: 1px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(8,860.8</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px; border-bottom-width: 1px; text-align: left;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; border-bottom-width: 1px; text-align: left;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom; text-align: center; border-bottom-width: 1px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(9,246.7</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px; border-bottom-width: 1px; text-align: left;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; border-bottom-width: 1px; text-align: left;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom; text-align: center; border-bottom-width: 1px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">(6,895.1</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px; text-align: left;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 10px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Payables arising from imports, net of advances to foreign suppliers</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; text-align: center; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom; text-align: center; border-bottom-width: 1px; background-color: #cceeff;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(649.1</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px; border-bottom-width: 1px; background-color: #cceeff; text-align: left;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; text-align: left;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom; text-align: center; border-bottom-width: 1px; background-color: #cceeff;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(633.0</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px; border-bottom-width: 1px; background-color: #cceeff; text-align: left;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; text-align: left;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom; text-align: center; border-bottom-width: 1px; background-color: #cceeff;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">(344.5</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; text-align: left;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px 0px 0px 10px; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Liability exposure in subsidiaries held for sales</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; text-align: center; height: 17px;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom; text-align: center; border-bottom: 1pt solid #000000;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(884.4</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 17px; text-align: left;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; text-align: left;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom; text-align: center; border-bottom: 1pt solid #000000;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">-</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 17px; text-align: left;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; text-align: left;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom; text-align: center; border-bottom: 1pt solid #000000;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">-</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 17px; text-align: left;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="line-height: 2pt; margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; text-align: center; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom; text-align: center; border-bottom: 2.8pt double #000000; background-color: #cceeff;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">(10,394.3</span></p>
</td>
<td style="padding: 0px 0px 1px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; text-align: left;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="padding: 0px 0px 1px; margin: 0px; text-indent: 0px; vertical-align: bottom; background-color: #cceeff; text-align: left;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom; text-align: center; border-bottom: 2.8pt double #000000; background-color: #cceeff;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">(9,879.7</span></p>
</td>
<td style="padding: 0px 0px 1px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; text-align: left;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="padding: 0px 0px 1px; margin: 0px; text-indent: 0px; vertical-align: bottom; background-color: #cceeff; text-align: left;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom; text-align: center; border-bottom: 2.8pt double #000000; background-color: #cceeff;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">(7,239.6</span></p>
</td>
<td style="padding: 0px 0px 1px; margin: 0px; text-indent: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; text-align: left;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
</tr>
<tr style="height: 10px;">
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Foreign currency hedging instruments</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; text-align: center; height: 10px;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom; text-align: center;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">2,933.6</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px; text-align: left;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; text-align: left;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom; text-align: center;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">4,837.6</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px; text-align: left;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; text-align: left;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom; text-align: center;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">3,636.4</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 10px; text-align: left;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Foreign currency hedging instruments in subsidiaries held for sales</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; text-align: center; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom; text-align: center; border-bottom: 2.8pt double #000000; background-color: #cceeff;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">1,786.5</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; text-align: left;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; background-color: #cceeff; text-align: left;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom; text-align: center; border-bottom: 2.8pt double #000000; background-color: #cceeff;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">-</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; text-align: left;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; background-color: #cceeff; text-align: left;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom; text-align: center; border-bottom: 2.8pt double #000000; background-color: #cceeff;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">-</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; text-align: left;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Net asset (liability) position &#8211; Total</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; text-align: center; height: 17px;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom; text-align: center;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(1,525.0</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 17px; text-align: left;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; text-align: left;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom; text-align: center;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(1,553.4</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 17px; text-align: left;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; text-align: left;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom; text-align: center;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(1,489.0</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 17px; text-align: left;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Net asset (liability) position &#8211; Income statement effect</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; text-align: center; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom; text-align: center; background-color: #cceeff;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(498.6</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; text-align: left;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; background-color: #cceeff; text-align: left;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom; text-align: center; background-color: #cceeff;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">186.3</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; text-align: left;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; background-color: #cceeff; text-align: left;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom; text-align: center; background-color: #cceeff;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">452.0</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; text-align: left;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Net asset (liability) position &#8211; Shareholders&#8217; equity effect in subsidiaries held for sales</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; text-align: center; height: 17px;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom; text-align: center;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(1,026.4</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 17px; text-align: left;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; text-align: left;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom; text-align: center;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(1,739.7</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 17px; text-align: left;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; text-align: left;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom; text-align: center;" valign="bottom">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(1,941.1</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; height: 17px; text-align: left;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
</tr>
</tbody>
</table>
<p style="margin: 0pt;"><span style="font-family: Calibri; font-size: 11pt;">&#160;</span></p>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">160</span></td>
</tr>
</tbody>
</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</div>
<div>
<p style="margin: 0pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Sensitivity analysis of assets and liabilities in foreign currency </span></p>
<p style="margin: 8pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">For the b</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">ase s</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">cenario</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">future </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">market curve</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">s</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">as of</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> December 31</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2021</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">were </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">applied on the </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Company&#8217;s </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">net position exposed to the currency risk, simulating the effects of appreciation and devaluation of the </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Real</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> in the income statement and the equity. </span></p>
<p style="margin: 8pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The table below shows the effect of exchange rate changes, based on the total liability position of R$1,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">525</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.0</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million in foreign currency. </span></p>
<p style="margin: -8pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 12pt;">&#160;</span></p>
<table cellpadding="0" style="height: 71px; border-collapse: collapse; margin: 0px 0px 0px 0.1px; font-family: 'times new roman'; font-size: 10pt; width: 99.7937%; text-indent: 0px;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="vertical-align: middle; padding: 0px; margin: 0px; text-indent: 0px; height: 17px; border-bottom: 1px solid #000000;"><span style="font-size: 8pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">In millions of Brazilian&#160;</span><span style="color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-style: italic;">Reais</span></span></td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; text-align: center; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; text-align: center; border-bottom: 1px solid #000000;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Risk</span></td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; text-align: center; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; text-align: center; border-bottom: 1px solid #000000;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Scenario</span></td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; text-align: center;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: middle; height: 17px; padding: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 70%;">
<p style="margin: 0px; break-after: avoid; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Income statement effect</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 15%;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Real</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">devaluation</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">(25.2)</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: bottom; height: 10px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Net effect</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px; border-bottom: 2.8pt double #000000;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">(25.2</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">)</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: middle; height: 10px; padding: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Income statement effect</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Real</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">appreciation</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">25.2</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: bottom; height: 17px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Net effect</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; border-bottom: 2.8pt double #000000;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">25.2</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
</tbody>
</table>
<p style="margin: 8pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The shareholders&#8217; equity effect refers to cumulative translation adjustments of changes in the exchange rate on equity of foreign subsidiaries (see </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">N</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">otes</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2.t.1 and 26.g.2 to our consolidated financial statements), net investments hedge in foreign entities, cash flow hedge of firm commitments and highly probable transactions (see </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">N</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">otes</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2.c and 33.h to our consolidated financial statements). </span></p>
<p style="margin: 12pt 0pt 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Sensitivity analysis of derivative financial instruments </span></p>
<p style="margin: 8pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The Company and its subsidiaries use derivative financial instruments only to hedge against identified risks and in amounts consistent with the risk (limited to 100% of the identified risk). Thus, for purposes of sensitivity analysis of market risks associated with financial instruments, as required by CVM Instruction 475/08, the Company analyzes the hedging instrument and the hedged item together, as shown on the charts below. </span></p>
<p style="margin: 8pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">For the sensitivity analysis of foreign exchange hedging instruments, management adopted as a </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">base</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> scenario the </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Real</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">/U.S. dollar exchange rates at maturity of each swap, projected by U.S. dollar futures contracts quoted on B3 as of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2021</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">. As a reference, the exchange rate for the last maturity of foreign exchange hedging instruments is R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">10</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">25 </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">in the </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">base </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">scenario. </span></p>
<p style="margin: 8pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Based on the balances of the hedging instruments and hedged items as of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2021</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, the exchange rates were replaced, and the changes between the new balance in </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Reais </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">and the balance in </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Reais</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> as of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2021 </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">were calculated. The table below shows the change in the values of the main derivative instruments and their hedged items, considering the changes in the exchange rate in the different scenarios: </span></p>
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<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: center; height: 17px; border-bottom: 1pt solid #000000;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Risk</span></td>
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<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: center; border-bottom: 1px solid #000000; height: 17px;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Base Scenario</span></td>
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<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: center; border-bottom-width: 1px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: center; border-bottom-width: 1px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: center; border-bottom-width: 1px; height: 10px;"><span style="font-size: 8pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">(in millions of&#160;</span><span style="color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-style: italic;">Reais</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">)</span></span></td>
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<p style="margin: 0px; break-after: avoid; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Currency swaps receivable in U.S. dollars</span></p>
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<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; background-color: #cceeff;"><br/></td>
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<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<p style="margin: 0px; break-after: avoid; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(1) U.S. dollar / </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Real</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> swaps</span></p>
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<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; width: 1%;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; height: 17px; text-align: center; width: 15%;"><span style="font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Dollar</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">appreciation</span></span></td>
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<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">37.3</span></p>
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<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(2) Debts/firm commitments in U.S. dollars</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
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<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; background-color: #cceeff; height: 10px; text-align: center;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">37.3</span></p>
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<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
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<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">(1)+(2)</span></p>
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<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; height: 17px; text-align: center;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Net Effect</span></td>
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<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">0.0</span></p>
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<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Currency swaps payable in U.S. dollars</span></p>
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<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; background-color: #cceeff; height: 17px; text-align: center;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; background-color: #cceeff;"><br/></td>
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<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(3) </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Real</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> / U.S.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">dollar swaps</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
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<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; height: 17px; text-align: center;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Dollar devaluation</span></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; text-align: right; border-bottom-width: 1px;"><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">49</span><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">,</span><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">9</span><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">35.7</span></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; text-align: left;"><br/></td>
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<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(4) Gross margin of Oxiteno/Ipiranga</span></p>
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<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; background-color: #cceeff; height: 17px; text-align: center;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">49</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">9</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">35.7</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
</tr>
<tr style="height: 14px;">
<td style="vertical-align: bottom; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 14px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">(3)+(4)</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 14px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; height: 14px; text-align: center;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Net Effect</span></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 14px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 14px; border-bottom-width: 1px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">-</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 14px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Cash Flow Hedge</span></p>
</td>
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; background-color: #cceeff; height: 17px; text-align: center;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(5) </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Cash Flow Hedge</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; height: 17px; text-align: center;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Dollar devaluation</span></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">528.4</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(6) Debts</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; background-color: #cceeff; height: 17px; text-align: center;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(528.4</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
</tr>
<tr style="height: 14px;">
<td style="vertical-align: bottom; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 14px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">(5)+(6)</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 14px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; height: 14px; text-align: center;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Net Effect</span></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 14px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 14px; border-bottom-width: 1px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">-</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 14px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Net Investment Hedge</span></p>
</td>
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; background-color: #cceeff; height: 17px; text-align: center;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(7) </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Net Investment Hedge</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; height: 17px; text-align: center;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Dollar devaluation</span></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">252.4</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(8) Debts</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; background-color: #cceeff; height: 17px; text-align: center;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(252.4</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
</tr>
<tr style="height: 14px;">
<td style="vertical-align: bottom; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 14px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">(7)+(8)</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 14px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; height: 14px; text-align: center;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Net Effect</span></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 14px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 14px; border-bottom-width: 1px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">-</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 14px;"><br/></td>
</tr>
</tbody>
</table>
<p style="margin: -4pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">161</span></td>
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</tbody>
</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div>&#160; &#160; &#160; &#160; &#160; For sensitivity analysis of hedging instruments for interest rates in Brazilian <span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Reais</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, the Company used the futures curve of the DI x Pre contract quoted on B3 as of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 2021 for each of the swap and debt (hedged item) maturities. </span>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Based on the three scenarios of interest rates in Brazilian </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Reais</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, the Company estimated the values of its debt and hedging instruments according to the risk which is being hedged (variations in the pre-fixed interest rates in Brazilian </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Reais</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">), by projecting them to future value at the contracted rates and bringing them to present value at the interest rates of the estimated scenarios. The result is shown in the table below: </span></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 12pt;">&#160;</span></p>
<table cellpadding="0" style="height: 88px; border-collapse: collapse; margin: 0px 0px 0px 0.1px; font-family: 'times new roman'; font-size: 10pt; text-indent: 0px; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px;"><br/></td>
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px;"><br/></td>
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; border-bottom: 1pt solid #000000; text-align: center; height: 17px;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Risk</span><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; text-align: center; border-bottom: 1px solid #000000;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Base Scenario</span></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: center; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
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<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; text-align: center;"><span style="font-size: 8pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">(in millions of&#160;</span><span style="color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-style: italic;">Reais</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">)</span></span></td>
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<p style="margin: 0px; break-after: avoid; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Interest rate swap (in Brazilian </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Reais</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">) &#8211; Debentures &#8211; CRA</span></p>
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<p style="line-height: 2pt; margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<p style="margin: 0px; break-after: avoid; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(1) Fixed rate swap &#8211; DI</span></p>
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<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: center; height: 10px;">Decrease in Prefixed rate</td>
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<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">(20</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">0</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">53.1</span></p>
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<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
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<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(2) Fixed rate debt</span></p>
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<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">20</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">,053</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.1</span></p>
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<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">(1)+(2)</span></p>
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<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: center; height: 17px;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Net Effect</span></td>
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<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">-</span></p>
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<p style="margin: 10pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Interest Rate Risk </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ultrapar adopts prudent policies for borrowing and investing financial resources and for capital cost minimization. The financial investments of Ultrapar are primarily held in transactions linked to the DI. Our borrowings primarily relate to financings from notes in the foreign credit markets, debentures, Banco do Brasil S.A., other development agencies, and other borrowings in foreign currency. Ultrapar does not actively manage risks associated with changes in the level of interest rates and attempts to maintain its financial interest assets and liabilities at floating rates. See </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">N</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">otes</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">4, 16 and 33 to our consolidated financial statements. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The table below provides information as of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 2020 about our </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">consolidated </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">debt in foreign currency and in </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Reais</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> that are subject to variable and fixed rates of interest. The table summarizes information on instruments and transactions that are sensitive to foreign currency exchange rates and interest rates: </span></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 12pt;">&#160;</span></p>
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<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: center; height: 17px; border-bottom: 1px solid #000000;" colspan="16"><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Principal by year of maturity</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 4.67pt; vertical-align: super;">(1)</span></td>
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<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom: 1px solid #000000;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Debt</span></td>
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<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; text-align: center; border-bottom: 1px solid #000000;"><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Weighted</span><br/><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">average</span><br/><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">interest</span><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;</span><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">rate</span></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: center; height: 10px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; text-align: center; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; text-align: center; border-bottom: 1px solid #000000;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Fair value</span></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: center; height: 10px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; text-align: center; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; text-align: center; border-bottom: 1px solid #000000;"><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Book</span><br/><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">value</span></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: center; height: 10px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; text-align: center; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; text-align: center; border-bottom: 1px solid #000000;"><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">202</span><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">2</span></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: center; height: 10px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; text-align: center; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; text-align: center; border-bottom: 1px solid #000000;"><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">202</span><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">3</span></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: center; height: 10px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; text-align: center; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; text-align: center; border-bottom: 1px solid #000000;"><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">202</span><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">4</span></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: center; height: 10px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; text-align: center; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; text-align: center; border-bottom: 1px solid #000000;"><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">202</span><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">5</span></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: center; height: 10px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; text-align: center; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; text-align: center; border-bottom: 1px solid #000000;"><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">202</span><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">6</span></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: center; height: 10px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; text-align: center; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; text-align: center; border-bottom: 1px solid #000000;"><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">202</span><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">7</span><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"><span>&#160;</span>and</span><br/><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">thereafter</span></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: center; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; text-align: center; border-top: 1pX solid #000000; border-bottom-width: 1px;" colspan="25"><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">(in millions of<span>&#160;</span></span><span style="color: #000000; font-size: 8pt; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-style: italic;">Reais</span><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">)</span><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 16.5%;">
<p style="margin: 0px; break-after: avoid; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">R$ borrowings</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 10%;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">6.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">%</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 0.5%;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 0.5%;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 8%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">8</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">5</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">5</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 0.5%;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 0.5%;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 8%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">8</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">5</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">5</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 0.5%;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 0.5%;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 8%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">5</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.1</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 0.5%;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 0.5%;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 8%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(0.1</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 0.5%;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 0.5%;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 8%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">80.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">5</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 0.5%;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 0.5%;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 8%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 0.5%;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 0.5%;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 8%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 0.5%;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 0.5%;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 8%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 0.5%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;">
<p style="margin: 0px; break-after: avoid; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Borrowings indexed to the DI</span></p>
</td>
<td style="padding-left: 0px; vertical-align: middle; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: middle; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">100.8</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">%&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">of</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">the</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">DI</span></p>
</td>
<td style="padding-left: 0px; vertical-align: middle; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">4,783.4</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">4,855.5</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">2,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">473.8</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">2,3</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">81</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">7</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Borrowings indexed to the TJLP</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">5)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">%</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">0.3</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">0.3</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">0.3</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">U.S. dollar borrowings</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">5.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">%</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">8,856.6</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">8,556.9</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">55.3</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">718.9</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(7.8</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">7.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">7</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">3,062.4</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">4,735.8</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Borrowings indexed to the LIBOR</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">1.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">0</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">%</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">275.9</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">2</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">75</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.9</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">275.9</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Borrowings indexed to the IPCA</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">4.6%</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">2,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">406</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">3</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">2,406.3</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">29.4</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(7.7</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">693.1</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">278.1</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(5.9</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">1,419.3</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Subtotal</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">16,408.1</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">16,180.5</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">2,839.8</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">3,092.7</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">765.9</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">270.4</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">3,056.5</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">6.155.1</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Unrealized losses on swaps&#160; transactions</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">197.2</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">197.2</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">26.2</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">9.0</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">161.9</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: bottom; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">16,605.3</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">16,377.6</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2,866.1</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">3,092.7</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">774.9</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">270.4</span></p>
</td>
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<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">3,056.5</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">6,317.1</span></p>
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<tbody>
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<td style="border-bottom: 1px solid #000000; width: 10%;"><br/></td>
<td style="width: 90%;"><br/></td>
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<td colspan="2"><span style="font-size: 8pt;">(1) <span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Figures include interest accrued through December</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">31, 2021.</span></span><br/></td>
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<p style="margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">162</span></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<p style="margin: 10pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Credit risk </span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The financial instruments that would expose the Company and its subsidiaries to credit risks of the counterparty are basically represented by cash and cash equivalents, financial investments, hedging instruments and trade receivables. See </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">N</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">ote 3</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">4</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.d to our consolidated financial statements.</span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Customer credit risk</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#8212; The credit policy establishes the analysis of the profile of each new customer, individually, regarding their financial condition. The review carried out by the subsidiaries of the Company includes the evaluation of external ratings, when available, financial statements, credit bureau information, industry information and, when necessary, bank references. Credit limits are established for each customer and reviewed periodically, in a shorter period the greater the risk, depending on the approval of the responsible area in cases of sales that exceed these limits.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">In monitoring credit risk, customers are grouped according to their credit characteristics and depending on the business the grouping takes into account, for example, whether they are natural or legal clients, whether they are wholesalers, resellers or final customers, considering also the geographic area.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">e</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">stimates</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">of credit losses are calculated by the expected loss approach based on the probability of default rates. Loss rates are calculated on the basis of the average probability of a receivable amount to advance through successive stages of default until full write-off. The probability of default calculation takes into account a credit risk score for each exposure, based on data considered to be capable of foreseeing the risk of loss (external classifications, audited financial statements, cash flow projections, customer information available in the press, for example), with addition of the credit assessment based on experience.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Such</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">credit</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">risks are managed by each business unit through specific criteria for acceptance of customers and their credit rating and </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">are additionally mitigated by the diversification of sales</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span></span><span style="font-family: 'Times New Roman'; font-size: 10pt; margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span> The subsidiaries of the Company request from</span> customers secured by trade receivables and other receivables in certain circumstances, but such security arrangements are not taken account of when calculating the risk of loss. As of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, the </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">loss allowance for expected credit losses</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> on their trade receivables recorded for Ipiranga, Ultragaz and Ultracargo were R$422</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">5</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million, R$135</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">6</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million and R$1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">5</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million, respectively. In addition, as of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 2021, no single customer or group accounts for more than 10% of total revenue. For further information, see </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">N</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">otes 6.a, 6.b and 33.d.3 to our consolidated financial statements</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span></p>
<p style="margin: 12pt 0pt 10pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Credit risk of financial institutions</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#8212; Such risk results from the inability of financial institutions to comply with their financial obligations to the Company and its subsidiaries due to insolvency. The Company </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">and its subsidiaries</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> regularly conduct a credit review of the institutions with which it holds cash and cash equivalents, financial investments, and hedging instruments through various methodologies that assess liquidity, solvency, leverage, portfolio quality, etc. Cash and cash equivalents, financial investments, and hedging instruments are held only with institutions with a solid credit history, chosen for safety and soundness. The volumes of cash and cash equivalents, financial investments, and hedging instruments are subject to maximum limits by each institution and, therefore, require diversification of counterparties. </span></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">163</span></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<div>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Government credit risk</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#8212; The Company&#8217;s Policy allows investments in government securities from countries classified as investment grade AAA or Aaa by specialized credit rating agencies (S&amp;P, Moody&#8217;s and Fitch) and in Brazilian government bonds. The volume of such financial investments is subject to maximum limits by each country and, therefore, requires diversification of counterparties. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The credit risk of financial institution and government of cash, cash equivalents and financial investments is summarized below: </span></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 12pt;">&#160;</span></p>
<table cellpadding="0" style="height: 105px; border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 10px;">
<td style="vertical-align: bottom; height: 10px;"><br/></td>
<td style="vertical-align: bottom; text-align: center; height: 10px; border-bottom: 1pt solid #000000;" colspan="7"><span style="font-size: 8pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Fair</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">value</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">(in</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">millions</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">of</span><span style="color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-style: italic;">&#160;</span><span style="color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-style: italic;">Reais</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">)</span></span></td>
<td style="vertical-align: bottom; text-align: center; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">Counterparty credit rating</span><span style="font-family: 'Times New Roman'; font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></span></p>
</td>
<td style="vertical-align: bottom; height: 10px; text-align: center;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">12/31/2021</span></span></p>
</td>
<td style="vertical-align: bottom; text-align: center;"><br/></td>
<td style="vertical-align: bottom; text-align: center; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; text-align: center;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">12/31/2020</span></span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; text-align: center;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; text-align: center; height: 10px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 10px; text-align: center;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">12/31/2019</span><span style="font-family: 'Times New Roman'; font-weight: bold;">&#160;&#160;</span></span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; text-align: center; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff; width: 65%;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">AAA</span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">3,606.0</span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">8,190.4</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">4,906.1</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">AA</span></p>
</td>
<td style="vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">740.9</span></p>
</td>
<td style="vertical-align: bottom;"><br/></td>
<td style="vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">317.9</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">331.5</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">A</span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">116.6</span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">163.8</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">418.0</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">BBB</span></p>
</td>
<td style="vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">-</span></p>
</td>
<td style="vertical-align: bottom; border-bottom-width: 1px;"><br/></td>
<td style="vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">-</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">56.5</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total</span></p>
</td>
<td style="vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">4</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">,</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">463</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">5</span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">8,672.2</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">5,712.1</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">It is important to note that the credit risk analysis that we performed as of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2021 </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">do not reflect the impacts of the now global COVID-19 pandemic, which may have significant impacts on the credit quality of our customers and the financial institutions with whom we hold assets. See &#8220;Item</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">3.D. Key Information&#8212;Risk Factors&#8212;Risks Relating to Ultrapar and Its Industries&#8212; Our businesses may be materially and adversely affected by the outbreak of communicable diseases, such as the ongoing COVID-19 pandemic, or other epidemics or pandemics&#8221;, and other risk factors included herein. </span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Commodity price risk</span></p>
<p style="font-size: 10pt; line-height: 108%; margin: 12pt 0pt 8pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The Company and its subsidiaries are exposed to commodity price risk, resulting from the fluctuation of diesel and gasoline prices, among others.</span></p>
<p style="font-size: 10pt; line-height: 108%; margin: 12pt 0pt 8pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">To mitigate the risk of fluctuations in diesel and gasoline prices, the Company and its subsidiaries permanently monitor the market, seeking to hedge price movements through hedge operations for cargo purchased in the international market, using derivative contracts of heating oil (diesel) and RBOB (gasoline) traded on the stock exchange. These goods are subject to the impacts of macroeconomic and geopolitical factors outside the control of the Company and its subsidiaries.</span></p>
<p style="font-size: 10pt; line-height: 108%; margin: 12pt 0pt 8pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The table below shows the positions of derivative financial instruments to hedge commodity price risk </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">as of</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> December 31, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2021</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">:</span></p>
<table cellpadding="0" style="height: 67px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px; margin-left: 0.1px;" width="100%">
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<p style="font-size: 8pt; line-height: 108%; margin: 0px; break-after: avoid; break-inside: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">Derivative</span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 108%; margin: 0px; break-after: avoid; break-inside: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">&#160;</span></p>
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<p style="font-size: 8pt; line-height: 108%; margin: 0px; break-after: avoid; break-inside: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">Contract</span></p>
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<p style="font-size: 8pt; line-height: 108%; margin: 0px; break-after: avoid; break-inside: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">&#160;</span></p>
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<td colspan="3" style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px; border-bottom: 1px solid #000000;">
<p style="font-size: 8pt; line-height: 108%; margin: 0px; break-after: avoid; break-inside: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">Notional (m</span><span style="font-family: 'Times New Roman'; font-weight: bold; vertical-align: super;">3</span><span style="font-family: 'Times New Roman'; font-weight: bold;">)</span></span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 108%; margin: 0px; break-after: avoid; break-inside: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">&#160;</span></p>
</td>
<td colspan="3" style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px; border-bottom: 1px solid #000000;">
<p style="font-size: 8pt; line-height: 108%; margin: 0px; break-after: avoid; break-inside: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">Notional (US</span><span style="font-family: 'Times New Roman'; font-weight: bold;">$</span><span style="font-family: 'Times New Roman'; font-weight: bold;"> million)</span></span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 108%; margin: 0px; break-after: avoid; break-inside: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">&#160;</span></p>
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<p style="font-size: 8pt; line-height: 108%; margin: 0px; break-after: avoid; break-inside: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">Fair Value</span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 108%; margin: 0px; break-after: avoid; break-inside: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">&#160;</span></p>
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<p style="font-size: 8pt; line-height: 108%; margin: 0px; break-after: avoid; break-inside: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">&#160;</span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 108%; margin: 0px; break-after: avoid; break-inside: avoid; padding-left: 0px; padding-right: 0px; text-indent: 0px; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">Position</span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 108%; margin: 0px; break-after: avoid; break-inside: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">Commodity</span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
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</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 108%; margin: 0px; break-after: avoid; break-inside: avoid; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">&#160;</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 108%; margin: 0px; break-after: avoid; break-inside: avoid; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">&#160;</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 108%; margin: 0px; break-after: avoid; break-inside: avoid; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">&#160;</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 108%; margin: 0px; break-after: avoid; break-inside: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;">R$ million</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 108%; margin: 0px; break-after: avoid; break-inside: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;">&#160;</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 108%; margin: 0px; break-after: avoid; break-inside: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;">R$ million</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 11%;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; break-after: avoid; break-inside: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Term</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; break-after: avoid; break-inside: avoid; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9%;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; break-after: avoid; break-inside: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Sold</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9%;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; break-after: avoid; break-inside: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Heating Oil</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9%;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; break-after: avoid; break-inside: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">jan-22</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; break-after: avoid; break-inside: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9%;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; break-after: avoid; break-inside: avoid; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">167,255</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; break-after: avoid; break-inside: avoid; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9%;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; break-after: avoid; break-inside: avoid; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">108,429</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; break-after: avoid; break-inside: avoid; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9%;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; break-after: avoid; break-inside: avoid; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 103.1</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; break-after: avoid; break-inside: avoid; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9%;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; break-after: avoid; break-inside: avoid; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 42.4</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; break-after: avoid; break-inside: avoid; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9%;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; break-after: avoid; break-inside: avoid; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">2.3</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; break-after: avoid; break-inside: avoid; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9%;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; break-after: avoid; break-inside: avoid; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(0.6</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; break-after: avoid; break-inside: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Term</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; break-after: avoid; break-inside: avoid; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; break-after: avoid; break-inside: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Sold</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; break-after: avoid; break-inside: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">RBOB</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; break-after: avoid; break-inside: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">jan-22</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; break-after: avoid; break-inside: avoid; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; break-after: avoid; break-inside: avoid; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">29,413</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; break-after: avoid; break-inside: avoid; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; break-after: avoid; break-inside: avoid; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8208;</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; break-after: avoid; break-inside: avoid; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; break-after: avoid; break-inside: avoid; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">17.1</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; break-after: avoid; break-inside: avoid; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; break-after: avoid; break-inside: avoid; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8208;</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; break-after: avoid; break-inside: avoid; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px; border-bottom: 1pt solid #000000;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; break-after: avoid; break-inside: avoid; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(1.0</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; break-after: avoid; break-inside: avoid; padding-left: 0px; padding-right: 0px; text-indent: 0px; text-align: left;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span>&#160;</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px; border-bottom: 1pt solid #000000;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; break-after: avoid; break-inside: avoid; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8208;</span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="background-color: #cceeff; height: 17px;">
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; text-align: right;">1.3</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; text-align: right;">(0.6</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; background-color: #cceeff; text-align: left;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
</tr>
</tbody>
</table>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">164</span></td>
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</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Liquidity risk </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The Company main sources of liquidity derive from (i)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">cash, cash equivalents and financial investments, (ii)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">cash generated from operations and (iii)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">financing. The Company believes that these sources are sufficient to satisfy its current funding requirements, which include, but are not limited to, working capital, capital expenditures, amortization of debt and payment of dividends. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The Company periodically examines opportunities for acquisitions and investments. The Company considers different types of investments, either directly, through joint-ventures, or through associated companies, and finance such investments using cash generated from operations, debt financing, through capital increases or through a combination of these methods. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The Company believes it has sufficient working capital to satisfy its current needs. The </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">consolidated debt</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> due over the next twelve months totals R$3,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">605</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">4</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million, including estimated interests on loans. In </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2021</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, the Company had R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">4</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">,</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">084</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million in cash, cash equivalents and short-term financial investments (for quantitative information, see </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">N</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">otes 5 and 17.a to our consolidated financial statements).</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">For further information on financial liabilities as of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2021</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, see </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">N</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">ote 3</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">3</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.e to our consolidated financial statements.</span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Capital management </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The Company manages its capital structure based on indicators and benchmarks. The key performance indicators related to the capital structure management are the weighted average cost of capital, and the net debt/EBITDA, interest coverage and indebtedness/equity ratios. Net debt is composed of cash and cash equivalents and financial investments and hedging instruments (see </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">N</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">ote 5 to our consolidated financial statements) and loans and hedging instruments and debentures (see </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">N</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">ote 1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">7</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> to our consolidated financial statements). The Company can change its capital structure depending on economic and financial conditions, in order to optimize its financial leverage and capital management. The Company seeks to improve its return on invested capital by implementing efficient working capital management and a selective investment program. </span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Selection and use of financial instruments </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">In selecting financial investments and hedging instruments, an analysis is conducted to estimate rates of return, risks involved, liquidity, calculation methodology for the carrying value and fair value, and a review is conducted of any documentation applicable to the financial instruments. The financial instruments used to manage the financial resources of the Company are intended to preserve value and liquidity. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The Policy contemplates the use of derivative financial instruments only to cover identified risks and in amounts consistent with the risk (limited to 100% of the identified risk). The risks identified in the Policy are described in the above sections and are subject to risk management. In accordance with the Policy, the Company and its subsidiaries can use forward contracts, swaps, options, and futures contracts to manage identified risks. Leveraged derivative instruments are not permitted. Because the use of derivative financial instruments is limited to the coverage of identified risks, the Company and its subsidiaries uses the term &#8220;hedging instruments&#8221; to refer to derivative financial instruments. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The table below summarizes the position of hedging instruments entered by the Company: </span></p>
<p style="margin: 6pt 0pt 0pt 54.55pt; text-indent: -24pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">a)&#160; &#160; &#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Designated as hedge accounting </span></p>
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<td style="vertical-align: middle; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; text-align: center; border-bottom: 1px solid #000000;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Product</span></td>
<td style="vertical-align: middle; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: center; height: 17px; border-bottom-width: 1px;"><br/></td>
<td style="vertical-align: middle; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; text-align: center; border-bottom: 1px solid #000000;"><span style="font-size: 8pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Hedged&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">object</span></span></td>
<td style="vertical-align: middle; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: center; height: 17px; border-bottom-width: 1px;"><br/></td>
<td style="vertical-align: middle; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; text-align: center; border-bottom: 1px solid #000000;" colspan="2"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Rates agreement</span></td>
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<td style="padding-left: 0px; vertical-align: middle; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; text-align: center; border-bottom: 1px solid #000000;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Maturity</span></td>
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<td style="padding-left: 0px; vertical-align: middle; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; text-align: center; border-bottom: 1px solid #000000;" colspan="2"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Notional Amount</span></td>
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<td style="padding-left: 0px; vertical-align: middle; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; text-align: center; border-bottom: 1px solid #000000;" colspan="3"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Fair value</span></td>
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<td style="vertical-align: middle; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: center; height: 10px; border-bottom-width: 1px;"><br/></td>
<td style="vertical-align: middle; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; text-align: center; border-bottom-width: 1px;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Assets</span></td>
<td style="vertical-align: middle; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; text-align: center; border-bottom-width: 1px;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Liabilities</span></td>
<td style="padding-left: 0px; vertical-align: middle; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: center; height: 10px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; vertical-align: middle; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; text-align: center; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; vertical-align: middle; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: center; height: 10px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; vertical-align: middle; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; text-align: center; border-bottom-width: 1px;"><span style="font-size: 8pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">12/31/</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">21</span></span></td>
<td style="padding-left: 0px; vertical-align: middle; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; text-align: center; border-bottom-width: 1px;"><span style="font-size: 8pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">12/31/</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">20</span></span></td>
<td style="padding-left: 0px; vertical-align: middle; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: center; height: 10px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; vertical-align: middle; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; text-align: center; border-bottom-width: 1px;"><span style="font-size: 8pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">12/31/2</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">1</span></span></td>
<td style="padding-left: 0px; vertical-align: middle; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: center; height: 10px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; vertical-align: middle; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; text-align: center; border-bottom-width: 1px;"><span style="font-size: 8pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">12/31/</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">20</span></span></td>
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<td style="vertical-align: middle; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; text-align: center;"><br/></td>
<td style="vertical-align: middle; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: center; height: 10px;"><br/></td>
<td style="vertical-align: middle; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; text-align: center;"><br/></td>
<td style="vertical-align: middle; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: center; height: 10px;"><br/></td>
<td style="vertical-align: middle; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; text-align: center;"><br/></td>
<td style="vertical-align: middle; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; text-align: center;"><br/></td>
<td style="padding-left: 0px; vertical-align: middle; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: center; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: middle; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; text-align: center;"><br/></td>
<td style="padding-left: 0px; vertical-align: middle; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: center; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: middle; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; text-align: center;" colspan="6"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">R$ million</span></td>
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<p style="font-size: 9pt; line-height: 120%; margin: 0px; break-after: avoid; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Foreign exchange swap</span></p>
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<td style="vertical-align: middle; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff; width: 2%;"><br/></td>
<td style="vertical-align: middle; height: 10px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9%;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Debt</span></p>
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<td style="vertical-align: middle; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff; width: 2%;"><br/></td>
<td style="vertical-align: middle; height: 10px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9%;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">US</span><span style="font-family: 'Times New Roman';">$</span><span style="font-family: 'Times New Roman';"> + 4.65%</span></span></p>
</td>
<td style="vertical-align: middle; height: 10px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9%;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">104.87% DI</span></p>
</td>
<td style="padding-left: 0px; vertical-align: middle; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff; width: 2%;"><br/></td>
<td style="padding-left: 0px; vertical-align: middle; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9%;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Sep-23</span></p>
</td>
<td style="padding-left: 0px; vertical-align: middle; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff; width: 2%;"><br/></td>
<td style="padding-left: 0px; vertical-align: middle; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9%;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">US</span><span style="font-family: 'Times New Roman';">$</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';">2</span><span style="font-family: 'Times New Roman';">5.0</span></span></p>
</td>
<td style="padding-left: 0px; vertical-align: middle; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9%;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">US</span><span style="font-family: 'Times New Roman';">$</span><span style="font-family: 'Times New Roman';">185.0</span></span></p>
</td>
<td style="padding-left: 0px; vertical-align: middle; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff; width: 2%;"><br/></td>
<td style="padding-left: 0px; vertical-align: middle; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9%; text-align: right;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">212.5</span></p>
</td>
<td style="padding-left: 0px; vertical-align: middle; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff; width: 2%; text-align: right;"><br/></td>
<td style="padding-left: 0px; vertical-align: middle; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9%; text-align: right;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">298.9</span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: middle; height: 10px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Foreign exchange swap</span></p>
</td>
<td style="vertical-align: middle; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="vertical-align: middle; height: 10px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Debt</span></p>
</td>
<td style="vertical-align: middle; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="vertical-align: middle; height: 10px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">US</span><span style="font-family: 'Times New Roman';">$</span><span style="font-family: 'Times New Roman';"> + LIBOR-3M + 1.14%</span></span></p>
</td>
<td style="vertical-align: middle; height: 10px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">105.00% DI</span></p>
</td>
<td style="padding-left: 0px; vertical-align: middle; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: middle; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Jun-22</span></p>
</td>
<td style="padding-left: 0px; vertical-align: middle; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: middle; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">US</span><span style="font-family: 'Times New Roman';">$</span><span style="font-family: 'Times New Roman';">50.0</span></span></p>
</td>
<td style="padding-left: 0px; vertical-align: middle; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">US</span><span style="font-family: 'Times New Roman';">$</span><span style="font-family: 'Times New Roman';">50.0</span></span></p>
</td>
<td style="padding-left: 0px; vertical-align: middle; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: middle; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">109.3</span></p>
</td>
<td style="padding-left: 0px; vertical-align: middle; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; text-align: right;"><br/></td>
<td style="padding-left: 0px; vertical-align: middle; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">94.8</span></p>
</td>
</tr>
<tr style="height: 14px; background-color: #cceeff;">
<td style="vertical-align: middle; height: 14px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Interest rate swap</span></p>
</td>
<td style="vertical-align: middle; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 14px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: middle; height: 14px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Debt</span></p>
</td>
<td style="vertical-align: middle; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 14px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: middle; height: 14px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">4.59% + IPCA</span></p>
</td>
<td style="vertical-align: middle; height: 14px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">102.00% DI</span></p>
</td>
<td style="padding-left: 0px; vertical-align: middle; padding-right: 0px; margin: 0px; text-indent: 0px; height: 14px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: middle; height: 14px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Sep-28</span></p>
</td>
<td style="padding-left: 0px; vertical-align: middle; padding-right: 0px; margin: 0px; text-indent: 0px; height: 14px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: middle; height: 14px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">R$</span><span style="font-family: 'Times New Roman';">2.226</span><span style="font-family: 'Times New Roman';">.1</span></span></p>
</td>
<td style="padding-left: 0px; vertical-align: middle; height: 14px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">R$806.1</span></p>
</td>
<td style="padding-left: 0px; vertical-align: middle; padding-right: 0px; margin: 0px; text-indent: 0px; height: 14px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: middle; height: 14px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; text-align: right;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">166.5</span></p>
</td>
<td style="padding-left: 0px; vertical-align: middle; padding-right: 0px; margin: 0px; text-indent: 0px; height: 14px; background-color: #cceeff; text-align: right;"><br/></td>
<td style="padding-left: 0px; vertical-align: middle; height: 14px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; text-align: right;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">203.8</span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: middle; height: 10px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Interest rate swap</span></p>
</td>
<td style="vertical-align: middle; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="vertical-align: middle; height: 10px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Debt</span></p>
</td>
<td style="vertical-align: middle; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="vertical-align: middle; height: 10px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">6.47%</span></p>
</td>
<td style="vertical-align: middle; height: 10px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">99.94% DI</span></p>
</td>
<td style="padding-left: 0px; vertical-align: middle; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: middle; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Nov-24</span></p>
</td>
<td style="padding-left: 0px; vertical-align: middle; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: middle; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">R$90.0</span></p>
</td>
<td style="padding-left: 0px; vertical-align: middle; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">R$90.0</span></p>
</td>
<td style="padding-left: 0px; vertical-align: middle; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: middle; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(9.0)</span></p>
</td>
<td style="padding-left: 0px; vertical-align: middle; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; text-align: right;"><br/></td>
<td style="padding-left: 0px; vertical-align: middle; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: right;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">3.5</span></p>
</td>
</tr>
<tr style="height: 14px; background-color: #cceeff;">
<td style="vertical-align: middle; height: 14px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Term</span></p>
</td>
<td style="vertical-align: middle; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 14px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: middle; height: 14px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Firm commitments</span></p>
</td>
<td style="vertical-align: middle; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 14px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: middle; height: 14px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">R$</span></p>
</td>
<td style="vertical-align: middle; height: 14px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Heating Oil</span></p>
</td>
<td style="padding-left: 0px; vertical-align: middle; padding-right: 0px; margin: 0px; text-indent: 0px; height: 14px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: middle; height: 14px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Jan-22</span></p>
</td>
<td style="padding-left: 0px; vertical-align: middle; padding-right: 0px; margin: 0px; text-indent: 0px; height: 14px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: middle; height: 14px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">US</span><span style="font-family: 'Times New Roman';">$</span><span style="font-family: 'Times New Roman';">120</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';">3</span></span></p>
</td>
<td style="padding-left: 0px; vertical-align: middle; height: 14px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">US</span><span style="font-family: 'Times New Roman';">$</span><span style="font-family: 'Times New Roman';">42.4</span></span></p>
</td>
<td style="padding-left: 0px; vertical-align: middle; padding-right: 0px; margin: 0px; text-indent: 0px; height: 14px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: middle; height: 14px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; text-align: right;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">1.3</span></p>
</td>
<td style="padding-left: 0px; vertical-align: middle; padding-right: 0px; margin: 0px; text-indent: 0px; height: 14px; background-color: #cceeff; text-align: right;"><br/></td>
<td style="padding-left: 0px; vertical-align: middle; height: 14px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; text-align: right;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(0.6)</span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: middle; height: 10px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">NDF</span></p>
</td>
<td style="vertical-align: middle; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="vertical-align: middle; height: 10px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Firm commitments</span></p>
</td>
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<td style="vertical-align: middle; height: 10px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">R$</span></p>
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<td style="vertical-align: middle; height: 10px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">US</span><span style="font-family: 'Times New Roman';">$</span></span></p>
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<td style="padding-left: 0px; vertical-align: middle; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: middle; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Jan-22</span></p>
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<td style="padding-left: 0px; vertical-align: middle; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: middle; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">US</span><span style="font-family: 'Times New Roman';">$</span><span style="font-family: 'Times New Roman';">68</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';">4</span></span></p>
</td>
<td style="padding-left: 0px; vertical-align: middle; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">US</span><span style="font-family: 'Times New Roman';">$</span><span style="font-family: 'Times New Roman';">23.1</span></span></p>
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<td style="padding-left: 0px; vertical-align: middle; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: middle; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px; border-bottom: 1px solid #000000; text-align: right;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">5.7</span></p>
</td>
<td style="padding-left: 0px; vertical-align: middle; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; text-align: right;"><br/></td>
<td style="padding-left: 0px; vertical-align: middle; height: 10px; padding-right: 0px; margin: 0px; text-indent: 0px; border-bottom: 1px solid #000000; text-align: right;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(0.7)</span></p>
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<td style="padding-left: 0px; vertical-align: middle; height: 14px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: middle; padding-right: 0px; margin: 0px; text-indent: 0px; height: 14px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: middle; height: 14px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: middle; padding-right: 0px; margin: 0px; text-indent: 0px; height: 14px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: middle; height: 14px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: middle; height: 14px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: middle; padding-right: 0px; margin: 0px; text-indent: 0px; height: 14px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: middle; height: 14px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: middle; padding-right: 0px; margin: 0px; text-indent: 0px; height: 14px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: middle; height: 14px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: middle; height: 14px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding-left: 0px; vertical-align: middle; padding-right: 0px; margin: 0px; text-indent: 0px; height: 14px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 0px; vertical-align: middle; height: 14px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; text-align: right;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">486</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';">3</span></span></p>
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<td style="padding-left: 0px; vertical-align: middle; padding-right: 0px; margin: 0px; text-indent: 0px; height: 14px; background-color: #cceeff; text-align: right;"><br/></td>
<td style="padding-left: 0px; vertical-align: middle; height: 14px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; text-align: right;">
<p style="font-size: 9pt; line-height: 120%; margin: 0px; text-align: center; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">599.7</span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">165</span></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 12pt 0pt 0pt 55.05pt; text-indent: -24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">b)&#160; &#160; &#160;&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Not designated as hedge accounting </span></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 12pt;">&#160;</span></p>
<table cellpadding="0" style="height: 110px; border-collapse: collapse; margin: 0px 0px 0px 0.1px; font-family: 'times new roman'; font-size: 10pt; text-indent: 0px; width: 99.9987%;" width="100%">
<tbody>
<tr style="height: 10px;">
<td style="vertical-align: middle; padding: 0px; margin: 0px; text-indent: 0px; height: 10px; text-align: center; border-bottom: 1px solid #000000;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Product</span></td>
<td style="vertical-align: middle; padding: 0px; margin: 0px; text-indent: 0px; text-align: center; height: 10px; border-bottom-width: 1px;"><br/></td>
<td style="vertical-align: middle; padding: 0px; margin: 0px; text-indent: 0px; height: 10px; text-align: center; border-bottom: 1px solid #000000;"><span style="font-size: 8pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Hedged&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">object</span></span></td>
<td style="vertical-align: middle; padding: 0px; margin: 0px; text-indent: 0px; text-align: center; height: 10px; border-bottom-width: 1px;"><br/></td>
<td style="vertical-align: middle; padding: 0px; margin: 0px; text-indent: 0px; height: 10px; text-align: center; border-bottom: 1px solid #000000;" colspan="2"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Rates agreement</span></td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; text-align: center; height: 10px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px; text-align: center; border-bottom: 1px solid #000000;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Maturity</span></td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; text-align: center; height: 10px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px; text-align: center; border-bottom: 1px solid #000000;" colspan="2"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Notional amount</span><br/></td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; text-align: center; height: 10px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px; text-align: center; border-bottom: 1px solid #000000;" colspan="3"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Fair value</span></td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; text-align: center; border-bottom: 1px solid #000000;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: middle; padding: 0px; margin: 0px; text-indent: 0px; height: 17px; text-align: center; border-bottom-width: 1px;"><br/></td>
<td style="vertical-align: middle; padding: 0px; margin: 0px; text-indent: 0px; text-align: center; height: 17px; border-bottom-width: 1px;"><br/></td>
<td style="vertical-align: middle; padding: 0px; margin: 0px; text-indent: 0px; height: 17px; text-align: center; border-bottom-width: 1px;"><br/></td>
<td style="vertical-align: middle; padding: 0px; margin: 0px; text-indent: 0px; text-align: center; height: 17px; border-bottom-width: 1px;"><br/></td>
<td style="vertical-align: middle; padding: 0px; margin: 0px; text-indent: 0px; height: 17px; text-align: center; border-bottom-width: 1px;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Assets</span></td>
<td style="vertical-align: middle; padding: 0px; margin: 0px; text-indent: 0px; height: 17px; text-align: center; border-bottom-width: 1px;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Liabilities</span></td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; text-align: center; height: 17px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; text-align: center; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; text-align: center; height: 17px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; text-align: center; border-bottom-width: 1px;"><span style="font-size: 8pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">12/31/</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">21</span></span></td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; text-align: center; border-bottom-width: 1px;"><span style="font-size: 8pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">12/31/</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">20</span></span></td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; text-align: center; height: 17px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; text-align: center; border-bottom-width: 1px;"><span style="font-size: 8pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">12/31/</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">21</span></span></td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; text-align: center; border-bottom-width: 1px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; text-align: center; border-bottom-width: 1px;"><span style="font-size: 8pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">12/31/</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">20</span></span></td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; text-align: center; border-bottom-width: 1px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: middle; padding: 0px; margin: 0px; text-indent: 0px; height: 17px; text-align: center; border-bottom-width: 1px;"><br/></td>
<td style="vertical-align: middle; padding: 0px; margin: 0px; text-indent: 0px; text-align: center; height: 17px; border-bottom-width: 1px;"><br/></td>
<td style="vertical-align: middle; padding: 0px; margin: 0px; text-indent: 0px; height: 17px; text-align: center; border-bottom-width: 1px;"><br/></td>
<td style="vertical-align: middle; padding: 0px; margin: 0px; text-indent: 0px; text-align: center; height: 17px; border-bottom-width: 1px;"><br/></td>
<td style="vertical-align: middle; padding: 0px; margin: 0px; text-indent: 0px; height: 17px; text-align: center; border-bottom-width: 1px;"><br/></td>
<td style="vertical-align: middle; padding: 0px; margin: 0px; text-indent: 0px; height: 17px; text-align: center; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; text-align: center; height: 17px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; text-align: center; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; text-align: center; height: 17px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; text-align: center; border-bottom-width: 1px;" colspan="6"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">R$ million</span></td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; text-align: center; border-bottom-width: 1px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: middle; padding: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff; width: 16%;">
<p style="margin: 0px; break-after: avoid; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Foreign exchange swap</span></p>
</td>
<td style="vertical-align: middle; padding: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: middle; padding: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff; width: 9%;">
<p style="font-size: 9pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Debt</span></p>
</td>
<td style="vertical-align: middle; padding: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: middle; padding: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff; width: 9%;">
<p style="font-size: 9pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">US</span><span style="font-family: 'Times New Roman';">$</span><span style="font-family: 'Times New Roman';"> + 0.18%</span></span></p>
</td>
<td style="vertical-align: middle; padding: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff; width: 9%;">
<p style="font-size: 9pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">55.5% DI</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff; width: 9%;">
<p style="font-size: 9pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">-</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff; width: 9%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">-</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff; width: 9%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">US</span><span style="font-family: 'Times New Roman';">$</span><span style="font-family: 'Times New Roman';">320</span><span style="font-family: 'Times New Roman';">.0</span></span></p>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff; text-align: right; width: 9%;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">-</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; text-align: right; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff; text-align: right; width: 9%;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">519.3</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; background-color: #cceeff; text-align: right; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: middle; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Interest rate swap</span></p>
</td>
<td style="vertical-align: middle; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="vertical-align: middle; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;">
<p style="font-size: 9pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Debt</span></p>
</td>
<td style="vertical-align: middle; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="vertical-align: middle; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;">
<p style="font-size: 9pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">5.25%</span></p>
</td>
<td style="vertical-align: middle; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;">
<p style="font-size: 9pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">DI &#8211; 1.36%</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px;">
<p style="font-size: 9pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Jun-29</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">US</span><span style="font-family: 'Times New Roman';">$</span><span style="font-family: 'Times New Roman';">300.0</span></span></p>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">-</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(126.8)</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; text-align: right;"><br/></td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; text-align: right;"><br/></td>
</tr>
<tr style="height: 12px; background-color: #cceeff;">
<td style="vertical-align: middle; padding: 0px; margin: 0px; text-indent: 0px; height: 12px; background-color: #cceeff;">
<h1 style="font-size: 9pt; font-weight: normal; line-height: 108%; margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Interest rate swap</span></h1>
</td>
<td style="vertical-align: middle; padding: 0px; margin: 0px; text-indent: 0px; height: 12px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: middle; padding: 0px; margin: 0px; text-indent: 0px; height: 12px; background-color: #cceeff;">
<h1 style="font-size: 9pt; font-weight: normal; line-height: 108%; margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Debt</span></h1>
</td>
<td style="vertical-align: middle; padding: 0px; margin: 0px; text-indent: 0px; height: 12px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: middle; padding: 0px; margin: 0px; text-indent: 0px; height: 12px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">2</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';">7</span><span style="font-family: 'Times New Roman';">%</span></span></p>
</td>
<td style="vertical-align: middle; padding: 0px; margin: 0px; text-indent: 0px; height: 12px; background-color: #cceeff;">
<h1 style="font-size: 9pt; font-weight: normal; line-height: 108%; margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">100% DI</span></h1>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 12px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 12px; background-color: #cceeff;">
<h1 style="font-size: 9pt; font-weight: normal; line-height: 108%; margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="color: #2f5496; font-family: 'Times New Roman'; font-size: 10pt;">-</span></h1>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 12px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 12px; background-color: #cceeff;">
<h1 style="font-size: 9pt; font-weight: normal; line-height: 108%; margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="color: #2f5496; font-family: 'Times New Roman'; font-size: 10pt;">-</span></h1>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 12px; background-color: #cceeff;">
<h1 style="font-size: 9pt; font-weight: normal; line-height: 108%; margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">R$1,300.0</span></h1>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 12px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 12px; background-color: #cceeff; text-align: right;">
<h1 style="font-size: 9pt; font-weight: normal; line-height: 108%; margin: 0pt; break-after: avoid; break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">-</span></h1>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 12px; text-align: right;"><br/></td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 12px; background-color: #cceeff; text-align: right;">
<h1 style="font-size: 9pt; font-weight: normal; line-height: 108%; margin: 0pt; break-after: avoid; break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(0.0)</span></h1>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; background-color: #cceeff; text-align: right;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: middle; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">NDF</span></p>
</td>
<td style="vertical-align: middle; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="vertical-align: middle; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;">
<p style="font-size: 9pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Firm commitments</span></p>
</td>
<td style="vertical-align: middle; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="vertical-align: middle; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;">
<p style="font-size: 9pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">US</span><span style="font-family: 'Times New Roman';">$</span></span></p>
</td>
<td style="vertical-align: middle; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;">
<p style="font-size: 9pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">R$</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;">
<p style="font-size: 9pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Jun</span><span style="font-family: 'Times New Roman';">-</span><span style="font-family: 'Times New Roman';">22</span></span></p>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">US</span><span style="font-family: 'Times New Roman';">$</span><span style="font-family: 'Times New Roman';">625</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';">8</span></span></p>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">US</span><span style="font-family: 'Times New Roman';">$</span><span style="font-family: 'Times New Roman';">378.6</span></span></p>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px; border-bottom: 1px solid #000000; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">3.5</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; border-bottom: 1px solid #000000; height: 10px; text-align: right;"><br/></td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px; border-bottom: 1px solid #000000; text-align: right;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(112.2)</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; border-bottom: 1px solid #000000; text-align: right;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;">
<p style="line-height: 2pt; margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; text-align: right;">
<p style="font-size: 9pt; line-height: 108%; margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(123.3)</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; background-color: #cceeff; border-bottom-width: 1px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; text-align: right;">
<p style="font-size: 9pt; line-height: 108%; margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">407.1</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; background-color: #cceeff; border-bottom-width: 1px; text-align: right;"><br/></td>
</tr>
</tbody>
</table>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">All transactions mentioned above were properly registered with the over-the-counter segment of B3. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Hedging instruments existing in 202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> are described below, according to their category, risk, and hedging strategy: </span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">a &#8211; </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Hedging against foreign exchange exposure of liabilities in foreign currency</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;The purpose of these contracts is (i)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">to offset the effect of the change in exchange rates of debts or firm commitments in U.S. dollars by converting them into debts or firm commitments in </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Reais</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> linked to DI, (ii)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">change a financial investment linked to the DI and (iii)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">change a financial investment linked to the DI and given as a guarantee to a loan in the U.S. dollar into a financial investment linked to the U.S. dollar. The tables below present our position in this category of swaps as of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2021</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">:</span></p>
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<p style="margin: 0px; text-align: center; line-height: 108%; font-size: 8pt; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">Maturity</span></span></p>
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<p style="margin: 0px; break-after: avoid; font-size: 8pt; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt;"><span><span style="font-family: 'Times New Roman'; font-weight: bold;">Swap/Non Deliverable Forward</span><span style="font-family: 'Times New Roman';">&#160;</span></span></span></p>
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<p style="margin: 0px; text-align: center; line-height: 108%; font-size: 8pt; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt;"><span><span style="font-family: 'Times New Roman'; font-weight: bold;">2022</span></span></span></p>
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<p style="margin: 0px; text-align: center; line-height: 108%; font-size: 8pt; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt;"><span><span style="font-family: 'Times New Roman'; font-weight: bold;">2023</span><span style="font-family: 'Times New Roman'; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-weight: bold;">and</span><span style="font-family: 'Times New Roman'; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-weight: bold;">thereafter</span><span style="font-family: 'Times New Roman';">&#160;</span></span></span></p>
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<p style="margin: 0px; text-indent: 0px; break-after: avoid; font-size: 10pt; padding-left: 0px; padding-right: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Notional amount (in millions of </span><span style="font-family: 'Times New Roman'; font-style: italic;">Reais</span><span style="font-family: 'Times New Roman';">)</span><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman'; vertical-align: super;">(1)</span></span></span></p>
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<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; height: 17px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; border-bottom-width: 1px; width: 10%;">
<p style="margin: 0px; text-align: right; font-size: 10pt; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><span style="width: 47pt; display: inline-block; -aw-tabstop-align: right; -aw-tabstop-pos: 77pt;"> <span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">3,603.7</span></span></span></p>
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<td style="padding-left: 0px; vertical-align: bottom; height: 17px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; border-bottom-width: 1px; width: 10%;">
<p style="margin: 0px; text-align: right; font-size: 10pt; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><span style="width: 47pt; display: inline-block; -aw-tabstop-align: right; -aw-tabstop-pos: 77pt;"> <span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"><span>&#160;</span></span><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">4,045.9</span></span></span></p>
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<p style="margin: 0px; text-indent: 0px; break-after: avoid; font-size: 10pt; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Notional amount (in millions of dollars)</span></p>
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<p style="margin: 0px; text-align: right; font-size: 10pt; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><span style="width: 54.5pt; display: inline-block; -aw-tabstop-align: right; -aw-tabstop-pos: 77pt;"> <span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">645.8</span></span></span></p>
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<p style="margin: 0px; text-align: right; font-size: 10pt; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><span style="width: 54.5pt; display: inline-block; -aw-tabstop-align: right; -aw-tabstop-pos: 77pt;"> <span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"><span>&#160;</span></span><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">725.0</span></span></span></p>
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<p style="margin: 0px; text-indent: 0px; font-size: 10pt; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Average receiving rate</span></p>
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<p style="margin: 0px; text-align: right; font-size: 10pt; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">US$ + 0.1%</span></p>
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<p style="margin: 0px; text-align: right; font-size: 10pt; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">US$</span><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;</span><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">+</span><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;</span><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">3.0%</span></p>
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<p style="margin: 0px; text-indent: 0px; font-size: 10pt; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Average payment rate</span></p>
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<p style="margin: 0px; font-size: 10pt; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">1.7%</span><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;</span><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">of</span><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;</span><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">the</span><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;</span><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">DI</span></p>
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<p style="margin: 0px; text-align: right; font-size: 10pt; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">77.1%</span><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;</span><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">of</span><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;</span><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">the</span><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;</span><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">DI</span></p>
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<td style="padding-left: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; padding-right: 0px;"><br/></td>
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</tbody>
</table>
<table style="width: 100%; margin-left: 0.1px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; height: 34px;">
<tbody>
<tr style="height: 17px;">
<td style="border-bottom: 1px solid #000000; height: 17px; width: 10%;"><br/></td>
<td style="height: 17px; width: 90%;"><br/></td>
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<tr style="height: 17px;">
<td style="height: 17px;" colspan="2"><span style="font-size: 8pt;">(1) <span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"> <span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Notional amount converted according to the commercial selling rate reported by the Central Bank (PTAX) as of December</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">31, 2020.</span></span></span><br/></td>
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<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 12pt;">&#160;</span></p>
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<tbody>
<tr style="height: 10px;">
<td style="height: 10px; vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; break-after: avoid; font-size: 8pt; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-weight: bold;">Swap</span></p>
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<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; text-align: right; height: 10px;"><br/></td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom; text-align: right; border-bottom: 1px solid #000000;" valign="bottom">
<p style="margin: 0px; text-align: center; line-height: 108%; font-size: 8pt; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-weight: bold;">Maturity</span><span style="font-family: 'Times New Roman'; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-weight: bold;">2022</span></p>
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<td style="vertical-align: top; height: 17px; background-color: #cceeff; border-bottom-width: 1px; padding: 0px; margin: 0px; text-indent: 0px; width: 86%;">
<p style="margin: 0px; text-indent: 0px; break-after: avoid; font-size: 10pt; padding-left: 0px; padding-right: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Notional amount of swaps (in millions of </span><span style="font-family: 'Times New Roman'; font-style: italic;">Reais</span><span style="font-family: 'Times New Roman';">)</span><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman'; vertical-align: super;">(1)</span></span></span></p>
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<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; border-bottom-width: 1px; width: 12%;" valign="bottom">
<p style="margin: 0px; text-align: right; font-size: 10pt; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><span style="width: 81.5pt; display: inline-block; -aw-tabstop-align: right; -aw-tabstop-pos: 104pt;"> <span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">279.0</span></span></span></p>
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<td style="vertical-align: top; height: 17px; background-color: #cceeff; width: 1%;"></td>
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<tr style="height: 10px;">
<td style="vertical-align: top; height: 10px; border-bottom-width: 1px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; break-after: avoid; font-size: 10pt; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Notional amount of swaps (in millions of dollars)</span></p>
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<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; text-align: right; height: 10px;"><br/></td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom; text-align: right; border-bottom-width: 1px;" valign="bottom">
<p style="margin: 0px; text-align: right; font-size: 10pt; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">50.0</span></span></p>
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<td style="vertical-align: top; height: 18px; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; font-size: 10pt; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Average receiving rate</span></p>
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<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 18px;"><br/></td>
<td style="padding: 0px; height: 18px; margin: 0px; text-indent: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff;" valign="bottom">
<p style="margin: 0px; font-size: 10pt; padding-left: 0px; padding-right: 0px; text-indent: 0px; text-align: right;"><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">US$</span><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;</span><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">+</span><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;</span><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">LIBOR</span><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;</span><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">+</span><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;</span><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">1.14%</span></p>
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<td style="vertical-align: top; height: 18px; background-color: #cceeff;"></td>
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<td style="vertical-align: top; height: 18px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; font-size: 10pt; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Average payment rate</span></p>
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<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; text-align: right; height: 18px;"><br/></td>
<td style="padding: 0px; height: 18px; margin: 0px; text-indent: 0px; vertical-align: bottom; text-align: right;" valign="bottom">
<p style="margin: 0px; font-size: 10pt; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">105.0%</span><span style="font-family: 'Times New Roman';">&#160;</span><span style="font-family: 'Times New Roman';">of</span><span style="font-family: 'Times New Roman';">&#160;</span><span style="font-family: 'Times New Roman';">the</span><span style="font-family: 'Times New Roman';">&#160;</span><span style="font-family: 'Times New Roman';">DI</span></span></p>
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<td style="vertical-align: top; height: 18px;"></td>
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</tbody>
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<table style="width: 100%; margin-left: 0.1px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
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<td style="border-bottom: 1px solid #000000; width: 10%;"><br/></td>
<td style="width: 90%;"><br/></td>
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<tr>
<td colspan="2"><span style="font-size: 8pt;">(1) <span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 8pt;">Notional amount converted according to the commercial selling rate reported by the Central Bank (PTAX) as of December</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 8pt;">&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 8pt;">31, 202</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 8pt;">1</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 8pt;">.</span></span><br/></td>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">b &#8211; </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Hedging against fixed interest rate in Brazilian Reais&#8212;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">The purpose of this contract is to change fixed interest rate of debentures issued in Brazilian </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Reais</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> to floating interest. The table below presents our position in this category of swaps as of December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">. </span></p>
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<td style="vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; break-after: avoid; font-size: 8pt; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-weight: bold;">Swap</span><span style="font-family: 'Times New Roman'; font-size: 8pt;">&#160;</span></p>
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<td colspan="2" style="padding: 0px; height: 10px; vertical-align: bottom; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: center; line-height: 108%; font-size: 8pt; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-weight: bold;">Maturity</span><span style="font-family: 'Times New Roman'; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-weight: bold;">2022</span><span style="font-family: 'Times New Roman'; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-weight: bold;">and</span><span style="font-family: 'Times New Roman'; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-weight: bold;">thereafter</span></p>
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<td style="vertical-align: top; height: 10px; padding: 0px; margin: 0px; text-indent: 0px;"></td>
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<tr style="height: 18px; background-color: #cceeff;">
<td style="vertical-align: top; height: 18px; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; width: 86%; border-bottom-width: 1px;">
<p style="margin: 0px; text-indent: 0px; break-after: avoid; font-size: 10pt; padding-left: 0px; padding-right: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Notional amount of swaps (in millions of </span><span style="font-family: 'Times New Roman'; font-style: italic;">Reais</span><span style="font-family: 'Times New Roman';">)</span><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman'; vertical-align: super;">(1)</span></span></span></p>
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<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-bottom-width: 1px; margin: 0px; text-indent: 0px; width: 12%;">
<p style="margin: 0px; text-align: right; font-size: 10pt; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">2226.1</span></p>
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<td style="vertical-align: top; height: 18px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; break-after: avoid; font-size: 10pt; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Notional amount of swaps (in millions of dollars)</span></p>
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<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom-width: 1px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; font-size: 10pt; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">398.9</span></p>
</td>
<td style="vertical-align: top; height: 18px; padding: 0px; margin: 0px; text-indent: 0px;"></td>
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<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: top; height: 10px; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; font-size: 10pt; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Average receiving rate</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom-width: 1px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; font-size: 10pt; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">4.58%</span><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;</span><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">p.a.</span><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;</span><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">+</span><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;</span><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">IPCA</span></p>
</td>
<td style="vertical-align: top; height: 10px; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px;"></td>
</tr>
<tr style="height: 18px;">
<td style="vertical-align: top; height: 18px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; font-size: 10pt; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Average payment rate</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom-width: 1px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; font-size: 10pt; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><span style="width: 84.17pt; display: inline-block; -aw-tabstop-align: right; -aw-tabstop-pos: 110pt;"> <span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">102.0%</span><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;</span><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">of</span><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;</span><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">the</span><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;</span><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">D</span></span></span></p>
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<td style="vertical-align: top; height: 18px; padding: 0px; margin: 0px; text-indent: 0px;"></td>
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</tbody>
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<table style="width: 100%; margin-left: 0.1px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td style="border-bottom: 1px solid #000000; width: 10%;"><br/></td>
<td style="width: 90%;"><br/></td>
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<tr>
<td colspan="2"><span style="font-size: 8pt;">(1) <span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 8pt;">Notional amount converted according to the commercial selling rate reported by the Central Bank (PTAX) as of December</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 8pt;">&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 8pt;">31, 202</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 8pt;">1</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 8pt;">.</span></span><br/></td>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">166</span></td>
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<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
</div>
<div><br/></div>
<div>
<table cellpadding="0" style="height: 91px; margin: 0px 0px 0px 0.1px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; text-indent: 0px; width: 100%;" width="100%">
<tbody>
<tr style="height: 13px;">
<td style="vertical-align: bottom; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 13px; border-bottom: 1px solid #000000;">
<p style="margin: 0px; break-after: avoid; font-size: 8pt; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-weight: bold; font-size: 8pt;">Swap/Non Deliverable Forward</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 13px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 13px; border-bottom: 1px solid #000000;">
<p style="margin: 0px; text-align: center; line-height: 108%; font-size: 8pt; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">2023</span><span style="font-family: 'Times New Roman'; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-weight: bold;">and</span><span style="font-family: 'Times New Roman'; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-weight: bold;">thereafter</span></span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 13px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 86%;">
<p style="margin: 0px; text-indent: 0px; break-after: avoid; font-size: 10pt; padding-left: 0px; padding-right: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Notional amount (in millions of </span><span style="font-family: 'Times New Roman'; font-style: italic;">Reais</span><span style="font-family: 'Times New Roman';">)</span><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman'; vertical-align: super;">(1)</span></span></span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 12%;">
<p style="margin: 0px; text-align: right; font-size: 10pt; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><span style="width: 59.5pt; display: inline-block; -aw-tabstop-align: right; -aw-tabstop-pos: 77pt;">&#160;</span><span style="font-family: 'Times New Roman';">90.0</span></span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px;">
<p style="margin: 0px; text-indent: 0px; break-after: avoid; font-size: 10pt; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Notional amount (in millions of dollars)</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px;">
<p style="margin: 0px; text-align: right; font-size: 10pt; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><span style="width: 59.5pt; display: inline-block; -aw-tabstop-align: right; -aw-tabstop-pos: 77pt;">&#160;</span><span style="font-family: 'Times New Roman';">16.1</span></span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0px; text-indent: 0px; font-size: 10pt; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Average receiving rate</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; font-size: 10pt; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><span style="width: 51.17pt; display: inline-block; -aw-tabstop-align: right; -aw-tabstop-pos: 77pt;">&#160;</span><span style="font-family: 'Times New Roman';">6.47%</span></span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;">
<p style="margin: 0px; text-indent: 0px; font-size: 10pt; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Average payment rate</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;">
<p style="margin: 0px; text-align: right; font-size: 10pt; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">99.9%</span><span style="font-family: 'Times New Roman';">&#160;</span><span style="font-family: 'Times New Roman';">of</span><span style="font-family: 'Times New Roman';">&#160;</span><span style="font-family: 'Times New Roman';">the</span><span style="font-family: 'Times New Roman';">&#160;</span><span style="font-family: 'Times New Roman';">DI</span></span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
</tr>
</tbody>
</table>
<table style="width: 100%; margin-left: 0.1px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td style="border-bottom: 1px solid #000000; width: 10%;"><br/></td>
<td style="width: 90%;"><br/></td>
</tr>
<tr>
<td colspan="2"><span style="font-size: 8pt;">(1) <span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 8pt;">Notional amount converted according to the commercial selling rate reported by the Central Bank (PTAX) as of December</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 8pt;">&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 8pt;">31, 202</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 8pt;">1</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 8pt;">.</span></span><br/></td>
</tr>
</tbody>
</table>
<p><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"><br/></span></p>
<p><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#8211;<span>&#160;</span></span><span style="color: #000000; font-size: 10pt; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-style: italic;">Hedging against commodities exposure of operations</span><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#8212;The<span>&#160;</span>purpose of these contracts results from the possibility of price oscillation regarding products marketed specially diesel (heating oil) and gasoline (RBOB). These price fluctuations may cause substantial alterations in the sales revenues and costs. The table below presents our position in this category of<span>&#160;</span>NDF&#180;s<span>&#160;</span>as of December</span><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;</span><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">31, 202</span><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">1</span><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">:</span></p>
<p><br/></p>
<table cellpadding="0" style="margin: 0px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; height: 65px; width: 100%; text-indent: 0px;" width="100%">
<tbody>
<tr style="height: 10px;">
<td style="vertical-align: bottom; height: 10px; padding: 0px; margin: 0px; text-indent: 0px; border-bottom: 1px solid #000000;">
<p style="margin: 0px; break-after: avoid; font-size: 8pt; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-weight: bold;">Term</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; border-bottom: 1px solid #000000;">
<p style="margin: 0px; text-align: center; line-height: 108%; font-size: 8pt; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-weight: bold;">Maturity</span><span style="font-family: 'Times New Roman'; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-weight: bold;">2022</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: top; height: 10px; padding: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 86%;">
<p style="margin: 0px; text-indent: 0px; break-after: avoid; font-size: 10pt; padding-left: 0px; padding-right: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Notional amount of NDF&#180;s (in millions of </span><span style="font-family: 'Times New Roman'; font-style: italic;">Reais</span><span style="font-family: 'Times New Roman';">)</span><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman'; vertical-align: super;">(1)</span></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 12%;">
<p style="margin: 0px; text-align: right; font-size: 10pt; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><span style="width: 66.5pt; display: inline-block; -aw-tabstop-align: right; -aw-tabstop-pos: 89pt;"> <span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">671.1</span></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; break-after: avoid; font-size: 10pt; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Notional amount of NDF&#180;s (in millions of dollars)</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; font-size: 10pt; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><span style="width: 71.5pt; display: inline-block; -aw-tabstop-align: right; -aw-tabstop-pos: 89pt;"> <span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">120.3</span></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: top; height: 10px; padding: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-indent: 0px; font-size: 10pt; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Position</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; font-size: 10pt; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Sold</span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="vertical-align: top; height: 18px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; font-size: 10pt; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Contract</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; font-size: 10pt; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Heating</span><span style="font-family: 'Times New Roman';">&#160;</span><span style="font-family: 'Times New Roman';">oil</span><span style="font-family: 'Times New Roman';">&#160;</span><span style="font-family: 'Times New Roman';">/</span><span style="font-family: 'Times New Roman';">&#160;</span><span style="font-family: 'Times New Roman';">RBOB</span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
</tr>
</tbody>
</table>
<table style="width: 100%; margin-left: 0.1px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td style="border-bottom: 1px solid #000000; width: 10%;"><br/></td>
<td style="width: 90%;"><br/></td>
</tr>
<tr>
<td colspan="2"><span style="font-size: 8pt;">(1) <span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 8pt;">Notional amount converted according to the commercial selling rate reported by the Central Bank (PTAX) as of December</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 8pt;">&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 8pt;">31, 2021.</span></span><br/></td>
</tr>
</tbody>
</table>
<p><br/></p>
<table cellpadding="0" style="height: 73px; margin: 0px 0px 0px 0.1px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 99.8352%; text-indent: 0px;" width="100%">
<tbody>
<tr style="height: 10px;">
<td style="vertical-align: bottom; height: 10px; padding: 0px; margin: 0px; text-indent: 0px; border-bottom: 1pt solid #000000;">
<p style="margin: 0px; break-after: avoid; font-size: 8pt; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-weight: bold;">Non Deliverable Forward</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; border-bottom: 1pt solid #000000;">
<p style="margin: 0px; text-align: center; line-height: 108%; font-size: 8pt; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-weight: bold;">Maturity</span><span style="font-family: 'Times New Roman'; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-weight: bold;">2021</span></p>
</td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="height: 18px; padding: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; vertical-align: bottom; width: 86%;" valign="bottom">
<p style="margin: 0px; text-indent: 0px; break-after: avoid; font-size: 10pt; padding-left: 0px; padding-right: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Notional amount of NDF&#180;s (in millions of </span><span style="font-family: 'Times New Roman'; font-style: italic;">Reais</span><span style="font-family: 'Times New Roman';">)</span><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman'; vertical-align: super;">(1)</span></span></span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; vertical-align: bottom; width: 1%;"><br/></td>
<td style="padding: 0px; height: 18px; margin: 0px; text-indent: 0px; background-color: #cceeff; vertical-align: bottom; width: 12%;" valign="bottom">
<p style="margin: 0px; text-align: right; font-size: 10pt; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 9pt;"><span style="width: 66.5pt; display: inline-block; -aw-tabstop-align: right; -aw-tabstop-pos: 89pt;"> <span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">671.1</span></span></span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; vertical-align: bottom; width: 1%;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="height: 18px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-indent: 0px; break-after: avoid; font-size: 10pt; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Notional amount of NDF&#180;s (in millions of dollars)</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; height: 18px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; font-size: 10pt; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 9pt;"><span style="width: 71.5pt; display: inline-block; -aw-tabstop-align: right; -aw-tabstop-pos: 89pt;"> <span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">120.3</span></span></span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="height: 10px; padding: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-indent: 0px; font-size: 10pt; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Position</span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; font-size: 10pt; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 9pt;"><span style="font-family: 'Times New Roman';">Sold</span></span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom;" valign="bottom">Contract</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; text-align: right; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 17px; text-align: right; vertical-align: bottom;" valign="bottom"><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"><span>&#160;</span></span><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">R$</span><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">/US</span><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">$</span></td>
<td style="padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: right; vertical-align: bottom;"><br/></td>
</tr>
</tbody>
</table>
<table style="width: 100%; margin-left: 0.1px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td style="border-bottom: 1px solid #000000; width: 10%;"><br/></td>
<td style="width: 90%;"><br/></td>
</tr>
<tr>
<td colspan="2"><span style="font-size: 8pt;">(1) <span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 8pt;">Notional amount converted according to the commercial selling rate reported by the Central Bank (PTAX) as of December</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 8pt;">&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 8pt;">31, 202</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 8pt;">1</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 8pt;">.</span></span><br/></td>
</tr>
</tbody>
</table>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Hedge accounting </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The Company uses derivative and non-derivative financial instruments for hedging purposes and test, throughout the duration of the hedge, their effectiveness, as well as the changes in their fair value.</span></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">167</span></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<p style="margin: 12pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Fair value hedge </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The Company and its subsidiaries designate as fair value hedges certain financial instruments used to offset the variations in interest and exchange rates, which are based on the market value of financing contracted in Brazilian </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Reais</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> and U.S. dollars. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The foreign exchange hedging instruments designated as fair value hedge are: </span></p>
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<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 16px; border-bottom: 1px solid #000000;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">In millions, except the DI %</span></td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; text-align: center; border-bottom-width: 1px;"><br/></td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 16px; text-align: center; border-bottom: 1px solid #000000;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">2021</span></td>
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<td style="padding: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 16px; text-align: center; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 16px; text-align: center; border-bottom: 1px solid #000000;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">2020</span></td>
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<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 16px; text-align: center; border-bottom: 1px solid #000000;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">2019</span></td>
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<p style="margin: 0px; break-after: avoid; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Notional amount &#8211; US$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
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<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; border-bottom-width: 1px; width: 1%;"><br/></td>
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<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">175.0</span></p>
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<td style="padding: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff; border-bottom-width: 1px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff; border-bottom-width: 1px; width: 10%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">235.0</span></p>
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<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">395.0</span></p>
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<p style="margin: 0px; break-after: avoid; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Result of hedging instruments &#8211; gain/(loss) &#8211; R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
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<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">21.8</span></p>
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<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">574.4</span></p>
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<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">79.5</span></p>
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<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Fair value adjustment of debt &#8211; R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
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<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">47.1</span></p>
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<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(13.1</span></p>
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<td style="padding: 0px; vertical-align: top; margin: 0px; text-indent: 0px; background-color: #cceeff;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">(36.8</span></p>
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<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
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<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Financial expense in the statements of profit or loss &#8211; R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
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<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;"><br/></td>
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<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(105.1</span></p>
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<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="padding: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
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<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(597.7</span></p>
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<td style="padding: 0px; vertical-align: top; margin: 0px; text-indent: 0px;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span><br/></td>
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<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160; &#160; &#160;&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">(130.3</span></p>
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<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
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<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Average effective cost &#8211; DI %</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
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<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">104.9</span></p>
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<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">104.1</span></p>
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<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">104.4</span></p>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">For more information, see </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">N</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">ote</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">17</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">c.1 to our consolidated financial statements. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The interest rate hedging instruments designated as fair value hedge are: </span></p>
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<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; border-bottom: 1px solid #000000;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">In millions, except the DI %</span></td>
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: center; height: 17px; border-bottom-width: 1px;"><br/></td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 17px; text-align: center; border-bottom: 1px solid #000000;"><span style="font-size: 8pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">202</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">1</span></span></td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; text-align: center; height: 17px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: top; margin: 0px; text-indent: 0px; text-align: center; height: 17px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 17px; text-align: center; border-bottom: 1px solid #000000;"><span style="font-size: 8pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">20</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">20</span></span></td>
<td style="padding: 0px; vertical-align: top; margin: 0px; text-indent: 0px; text-align: center; height: 17px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; text-align: center; height: 17px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; text-align: center; border-bottom: 1px solid #000000;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">2019</span></td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; text-align: center; height: 17px; border-bottom-width: 1px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff; width: 64%; border-bottom-width: 1px;">
<p style="margin: 0px; break-after: avoid; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Notional amount &#8211; R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%; height: 10px; border-bottom-width: 1px;"><br/></td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff; width: 10%; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">2,226.1</span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%; height: 10px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: top; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%; height: 10px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff; width: 10%; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">806.1</span></p>
</td>
<td style="padding: 0px; vertical-align: top; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%; height: 10px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%; height: 10px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff; width: 10%; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">806.1</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%; height: 10px; border-bottom-width: 1px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;">
<p style="margin: 0px; break-after: avoid; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Result of hedging instruments &#8211; gain/(loss) &#8211; R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(17.9</span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="padding: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 10px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">67.4</span></p>
</td>
<td style="padding: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">73.0</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Fair value adjustment of debt &#8211; R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"><br/></td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">166.4</span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: top; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(18.4</span></p>
</td>
<td style="padding: 0px; vertical-align: top; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">(77.0</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Financial expense in the statements of profit or loss &#8211; R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(245.7</span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="padding: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 10px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(99.6)</span></p>
</td>
<td style="padding: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(68.1</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Average effective cost &#8211; DI %</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"><br/></td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">102</span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: top; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">95.8</span></p>
</td>
<td style="padding: 0px; vertical-align: top; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">95.8</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
</tbody>
</table>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">For more information, see </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">N</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">otes 1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">7.f.2</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, 1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">7</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">f</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.4</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, 17.f.6, 17.f.8, 17.f.9</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> and 1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">7</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">f</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">10</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> to our consolidated financial statements.</span></p>
<p><br/></p>
<table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; height: 95px; width: 99.8352%; text-indent: 0px;" width="100%">
<tbody>
<tr style="height: 10px;">
<td style="vertical-align: top; height: 10px; text-align: left; border-bottom: 1px solid #000000;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">In millions, except the DI %</span></td>
<td style="vertical-align: top; text-align: center; border-bottom-width: 1px; height: 10px;"><br/></td>
<td style="vertical-align: top; height: 10px; text-align: center; border-bottom: 1px solid #000000; padding: 0px; margin: 0px; text-indent: 0px;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">2021</span></td>
<td style="vertical-align: top; text-align: center; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: top; text-align: center; border-bottom-width: 1px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: top; height: 10px; text-align: center; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px;"><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">20</span><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">20</span></td>
<td style="padding: 0px; vertical-align: top; text-align: center; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: center; border-bottom-width: 1px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; text-align: center; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px;"><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">201</span><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">9</span></td>
<td style="padding: 0px; vertical-align: bottom; text-align: center; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff; width: 64%;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Notional amount &#8211; R$</span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; width: 10%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">90.0</span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 10%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">90.0</span></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 10%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">90.0</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Result of hedging instruments &#8211; gain/(loss) &#8211; R$</span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(10</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="padding: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">6.5</span></p>
</td>
<td style="padding: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">0.6</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Fair value adjustment of debt &#8211; R$</span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">11</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">8</span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">3.3</span></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(0.2</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Financial expense in the statements of profit or loss &#8211; R$</span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">5</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">9</span></p>
</td>
<td style="vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="padding: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(9.0</span></p>
</td>
<td style="padding: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 17px;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(0.4</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Average effective cost &#8211; DI %</span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">99.9</span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">99.9</span></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">99.9</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">For more information, see</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> N</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">ote 1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">7</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">f</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.7 to our consolidated financial statements. </span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">168</span></td>
</tr>
</tbody>
</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The exchange rate and commodity hedging instruments designated as fair value hedges are as described below. The purpose of this relationship is to transform the cost of the imported product from fixed to variable until the moment of fuel mixing, as occurs with the price practiced in its sales. The subsidiary Ipiranga carries out these operations with over-the-counter derivatives that are designated in a hedge accounting relationship, as a fair value hedge in an amount equivalent to the inventory of imported product:</span></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<table cellpadding="0" style="height: 47px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; text-indent: 0px; width: 100%; margin-left: 0.1px;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; border-bottom: 1px solid #000000;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">In <span style="font-size: 8pt;">millions</span></span></td>
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: center; height: 17px; border-bottom-width: 1px;"><br/></td>
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; text-align: center; border-bottom: 1px solid #000000;"><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">202</span><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">1</span></td>
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: center; height: 17px;"><br/></td>
<td style="padding-left: 0px; vertical-align: top; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: center; height: 17px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; vertical-align: top; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; text-align: center; border-bottom: 1px solid #000000;"><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">20</span><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">20</span></td>
<td style="padding-left: 0px; vertical-align: top; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: center; height: 17px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: center; height: 17px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; text-align: center; border-bottom: 1px solid #000000;"><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">201</span><span style="color: #000000; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">9</span></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; text-align: center; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; background-color: #cceeff; width: 64%;">
<p style="margin: 0px; break-after: avoid; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Notional amount &#8211; US$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; background-color: #cceeff; width: 10%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">188.6</span></p>
</td>
<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding-left: 0px; vertical-align: top; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding-left: 0px; vertical-align: top; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; background-color: #cceeff; width: 10%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">65.5</span></p>
</td>
<td style="padding-left: 0px; vertical-align: top; padding-right: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; background-color: #cceeff; width: 10%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span></p>
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<p style="margin: 0px; break-after: avoid; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Result of hedging instruments &#8211; gain/(loss) &#8211; R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
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<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(129.7</span></p>
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<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; height: 10px;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="padding-left: 0px; vertical-align: top; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; vertical-align: top; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(87.4</span></p>
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<td style="padding-left: 0px; vertical-align: top; padding-right: 0px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; height: 10px;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
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<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#8212;</span></p>
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<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Fair value adjustment of inventories &#8211; R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
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<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; background-color: #cceeff;"><br/></td>
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<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(4.4</span></p>
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<td style="vertical-align: top; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; background-color: #cceeff; height: 10px;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
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<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">18.5</span></p>
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<td style="padding-left: 0px; vertical-align: bottom; padding-right: 0px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; background-color: #cceeff; height: 10px;"><br/></td>
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<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"><br/></span></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Cash flow hedge </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The Company and its subsidiaries designate as cash flow hedge of firm commitment and highly probable transactions, derivative financial instruments to hedge &#8220;firm commitments&#8221; and non-derivative financial instruments to hedge &#8220;highly probable future transactions&#8221;, so as to hedge against fluctuations arising from changes in exchange rate. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">On December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, the Company had no exchange rate and commodities hedging instruments of firm commitments designated as cash flow hedges. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">On December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2021</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, the notional amount of foreign exchange hedging instruments for highly probable future transactions designated as cash flow hedge, related to notes in the foreign market totaled US$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">386</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">8</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million (US$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">468.2</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million on December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2020</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">). On December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2021</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, the unrealized loss of &#8220;Other comprehensive income&#8221; </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">totaled</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">7</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">9</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million (R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">315.4</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million on December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2020</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">), net of deferred IRPJ and CSLL. </span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Net investment hedge in foreign entities </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The Company and its subsidiaries designate as net investment hedge in foreign entities notes in the foreign market, for hedging net investment</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">s</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> in foreign entities, to offset changes in exchange rates. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">On December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, the balance of foreign exchange hedging instruments designated as net investments hedge in foreign entities, related to part of the investments made in entities which functional currency is other than the Brazilian </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Real</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, totaled US$95.0</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million (US$95.0</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million on December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 20</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">20</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">). On December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2021</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, the unrealized loss of &#8220;Other comprehensive income&#8221; is R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">24</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million (loss of R$</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">73.1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">million on December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 2019), net of deferred income and social contribution taxes. The effects of exchange rate changes on investments and hedging instruments were offset in equity. </span></p>
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<div>
<div style="margin: 18pt 0pt 0pt 61.2pt; page-break-after: avoid; text-indent: -55.1pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">ITEM</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">12.</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" id="BN_A95LQPOC8000000000000000000000" class="customBookmark"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">DESCRIPTION OF SECURITIES OTHER </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">THAN EQUITY SECURITIES</span></a></div>
<ol style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0pt; padding-left: 0pt;">
<li style="margin-top: 12pt; margin-left: 14.72pt; break-after: avoid; padding-left: 11.88pt; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"><span>Debt securities</span></li>
</ol>
<p style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 12pt; margin-left: 26.55pt; margin-bottom: 0pt; text-indent: -4.95pt;"><span style="font-family: 'Times New Roman';">&#160;Not applicable.</span></p>
<ol style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0pt; padding-left: 0pt;">
<li style="margin-top: 12pt; margin-left: 14.17pt; break-after: avoid; padding-left: 12.43pt; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"><span>Warrants and Rights</span></li>
</ol>
<p style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 12pt; margin-left: 26.55pt; margin-bottom: 0pt; text-indent: -4.95pt;"><span style="font-family: 'Times New Roman';">Not applicable.</span></p>
<ol style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0pt; padding-left: 0pt;">
<li style="margin-top: 12pt; margin-left: 14.72pt; break-after: avoid; padding-left: 11.88pt; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"><span>Other Securities</span></li>
</ol>
<p style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 12pt; margin-left: 26.55pt; margin-bottom: 0pt; text-indent: -4.95pt;"><span style="font-family: 'Times New Roman';">Not applicable.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">169</span></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><span style="font-family: 'Times New Roman';"><a href="#TOC">Table of Contents</a></span></div>
</div>
<ol style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0pt; padding-left: 0pt;">
<li style="margin-top: 18pt; margin-left: 14.72pt; break-after: avoid; padding-left: 11.88pt; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"><span>American Depositary Shares</span></li>
</ol>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">In the United States, our common shares are traded in the form of ADSs. Each of our ADSs represents one common share of Ultrapar, issued by The Bank of New York Mellon, as depositary, pursuant to a deposit agreement, dated September</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">16, 1999, as amended and restated on August</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">23, 2005, on August</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">22, 2011, and on March</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2, 2018. The depositary&#8217;s principal executive office is located at 240 Greenwich Street, New York, New York 10286. </span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Fees and expenses </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The following table summarizes the fees and expenses payable by holders of ADSs: </span></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 12pt;">&#160;</span></p>
<table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; height: 112px; width: 100%; text-indent: 0px;" width="100%">
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<td style="vertical-align: top; height: 17px; border-bottom: 1px solid #000000;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Persons depositing or withdrawing shares must pay:</span></td>
<td style="vertical-align: top; height: 17px; border-bottom: 1px solid #000000; text-align: center;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">For</span></td>
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<td style="vertical-align: top; height: 10px; width: 50%; padding: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; break-after: avoid; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">$5.00 (or less) per 100 ADSs (or portion of 100 ADSs)</span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 50%; padding: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(i) Issuance of ADSs, including issuances resulting from a distribution of shares or rights or other property</span></p>
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(ii) Cancellation of ADSs for the purpose of withdrawal, including if the Deposit Agreement terminates</span></p>
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<p style="margin: 0px; break-after: avoid; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">$0.05 (or less) per ADSs (or portion thereof)</span></p>
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<p style="font-size: 10pt; line-height: 108%; margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Any cash distribution</span></p>
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<p style="font-size: 10pt; line-height: 108%; margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">A fee equivalent to the fee that would be payable if securities distributed to you had been shares and the shares had been deposited for issuance of ADSs</span></p>
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<td style="vertical-align: top; height: 10px; padding: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Distribution of securities to holders of deposited securities which are distributed by the depositary to ADS holders</span></p>
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<p style="font-size: 10pt; line-height: 108%; margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">$0.05 (or less) per ADS (or portion thereof) per annum</span></p>
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<td style="vertical-align: top; height: 25px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Depositary services </span></p>
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<p style="font-size: 10pt; line-height: 108%; margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Registration or transfer fees</span></p>
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<td style="vertical-align: top; height: 10px; padding: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Transfer and registration of shares on our share register to or from the name of the depositary or its agent when you deposit or withdraw shares</span></p>
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<p style="font-size: 10pt; line-height: 108%; margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Expenses of the depositary</span></p>
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<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(i) Cable (including SWIFT) and facsimile transmissions (when expressly provided in the deposit agreement)</span></p>
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(ii) Converting foreign currency to U.S. dollars</span></p>
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<p style="font-size: 10pt; line-height: 108%; margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Taxes and other governmental charges the depositary or the custodian have to pay on any ADS or share underlying an ADS, for example, stock transfer taxes, stamp duty or withholding taxes</span></p>
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<p style="font-size: 10pt; line-height: 108%; margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">As necessary</span></p>
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<td style="vertical-align: top; height: 10px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Any charges incurred by the depositary or its agents for servicing the deposited securities</span></p>
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<td style="vertical-align: top; height: 10px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">As necessary</span></p>
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<p style="margin: 12pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Payment of taxes </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The depositary may deduct the amount of any taxes owed from any payments to investors who hold ADSs. It may also sell deposited securities, by public or private sale, to pay any taxes owed. Investors who hold ADSs will remain liable if the proceeds of the sale are not sufficient to pay the taxes. If the depositary sells deposited securities, it will, if appropriate, reduce the number of ADSs to reflect the sale and pay to investors who hold ADSs any proceeds, or send to investors who hold ADSs any property, remaining after it has paid the taxes. </span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Reimbursement of fees </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The Bank of New York Mellon, as depositary, has agreed to reimburse us for expenses we incur that are related to establishment and maintenance expenses of the ADS facility, including, but not limited to, investor relations expenses. The depositary has also agreed to pay its standard out-of-pocket maintenance expenses for providing services to registered DR holders, which consist of the expenses of postage and envelopes for mailing annual and interim financial reports, printing and distributing dividend checks, U.S. IRS tax reporting, mailing required tax forms, stationery, postage, facsimile, and telephone. </span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Reimbursement of fees incurred in 202</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">1</span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">From January</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1, 2021, until December</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">31, 202</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">1</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, Ultrapar received from the depositary US$503,427, related to continuing maintenance expenses of the ADS facility, including but not limited to, investor relations expenses.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;">&#160;</span></p>
<div style="margin: 0pt;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" id="BO_438EA0VN9S00000000000000000000" class="customBookmark"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">PAR</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">T II</span></a></div>
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<p style="margin: 0px; break-after: avoid; line-height: 11pt; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"><br/></span></p>
<div style="margin: 0px; text-indent: 0px; break-after: avoid; font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">ITEM</span><span style="font-family: 'Times New Roman'; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-weight: bold;">13.</span><span style="width: 13.43pt; text-indent: 0pt; display: inline-block;">&#160;</span><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" id="BP_9FPRZNNDXS00000000000000000000" class="customBookmark"><span style="font-family: 'Times New Roman'; font-weight: bold;">DEFAULTS, DIVIDEND ARR</span><span style="font-family: 'Times New Roman'; font-weight: bold;">EARAGES AND DELINQUENCIES</span></a></div>
<p style="margin-top: 10pt; margin-bottom: 0pt; text-indent: 24.4pt; font-size: 10pt;"><span style="font-family: 'Times New Roman';">None.</span></p>
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<p style="margin: 0px; font-size: 8pt; text-indent: 0px;"><span style="font-family: 'Times New Roman';">&#160;</span></p>
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<div style="margin: 0px; text-indent: 0px; break-after: avoid; font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">ITEM</span><span style="font-family: 'Times New Roman'; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-weight: bold;">14.</span><span style="width: 13.43pt; text-indent: 0pt; display: inline-block;">&#160;</span><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" id="BQ_5GFBM5DSG000000000000000000000" class="customBookmark"><span style="font-family: 'Times New Roman'; font-weight: bold;">MATERIAL MODIFIC</span><span style="font-family: 'Times New Roman'; font-weight: bold;">ATIONS TO THE RIGHTS OF SECURITY HOLDERS AND USE OF PROCEEDS</span></a></div>
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<p style="font-size: 10pt; line-height: 108%; margin: 12pt 0pt 8pt; text-indent: 24.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">As approved by the annual and extraordinary general shareholders&#8217; meeting held on April 13, 2022, the mandatory dividend to be paid to the shareholders was reduced to 25% of the</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> adjusted net </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">profit. This reduction aims to adjust our bylaws to article 202, paragraph 2, of Law nr. 6,404/76, allowing a better cash allocation. The Company </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">may</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">, at its own discretion, </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">pay more dividends to its shareholders</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.</span></p>
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<div style="page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">ITEM</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">15.</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" id="BR_6IXIV4QY8000000000000000000000" class="customBookmark"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">CONTROLS AND PROCEDURES </span></a></div>
<p style="margin: 6pt 0pt 0pt 30.6pt; page-break-after: avoid; text-indent: -30.6pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">(a)</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160; &#160; &#160; &#160; &#160; </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Disclosure Controls and Procedures </span></p>
<p style="margin: 8pt 0cm 8pt; text-indent: 24.4pt; line-height: 1.2; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size: 10.0pt; mso-bidi-font-size: 12.0pt; line-height: 107%; font-family: 'Times New Roman',serif; mso-fareast-font-family: Calibri; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA;">Under the supervision and with the participation of the Company&#8217;s management, including our Chief Executive Officer and Chief Financial Officer, we performed an evaluation of the effectiveness of our disclosure controls and procedures, as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934 (&#8220;Exchange Act&#8221;), as of December 31, 2021. The Company&#8217;s disclosure controls and procedures are designed to provide reasonable assurance that information required to be disclosed in the reports that the Company files or submits under the Exchange Act is (a) recorded, processed, summarized and reported within the time periods specified in the SEC&#8217;s rules and forms and (b) accumulated and communicated to our management, including the Chief Executive Officer and the Chief Financial Officer, to allow timely decisions regarding required disclosure. Based on this evaluation, our Chief Executive Officer and Chief Financial Officer concluded that, as of December 31, 2021, our disclosure controls and procedures were not effective due to the material weaknesses in internal control over financial reporting described below.</span></p>
<p style="margin: 12pt 0pt 0pt 30.6pt; page-break-after: avoid; text-indent: -30.6pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">(b)</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160; &#160; &#160; &#160; &#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Management&#8217;s Annual Report on Internal Control over Financial Reporting </span></p>
<p style="margin: 12pt 0cm 8pt; text-indent: 24.4pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size: 10.0pt; mso-bidi-font-size: 12.0pt; line-height: 107%; font-family: 'Times New Roman',serif; mso-ansi-language: EN-US;">Our management is responsible for establishing and maintaining adequate internal control over financial reporting, as defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act. The Company&#8217;s internal control over financial reporting is a process designed by, or under the supervision of, our Chief Executive Officer and Chief Financial Officer, and effected by our Board of Directors, management and other personnel, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. The Company&#8217;s internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the Company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the Company are being made only in accordance with authorizations of management and directors of the Company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the Company&#8217;s assets that could have a material effect on the financial statements.</span></p>
<p style="margin: 12pt 0cm 8pt; text-indent: 24.4pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size: 10.0pt; mso-bidi-font-size: 12.0pt; line-height: 107%; font-family: 'Times New Roman',serif; mso-ansi-language: EN-US;">Because of its inherent limitations, including the possibility of improper management override of controls, internal control over financial reporting may not prevent or detect, on a timely basis, material misstatements due to error or fraud. Therefore, even those systems of internal control over financial reporting determined to be effective can provide only reasonable assurance with respect to financial statement preparation and presentation. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or because the degree of compliance with the policies and procedures may deteriorate.</span></p>
<p style="margin: 12pt 0cm 8pt; text-indent: 24.4pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size: 10.0pt; mso-bidi-font-size: 12.0pt; line-height: 107%; font-family: 'Times New Roman',serif; mso-ansi-language: EN-US;">A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the Company&#8217;s annual or interim financial statements will not be prevented or detected on a timely basis. </span></p>
<p style="margin: 12pt 0cm 8pt; text-indent: 24.4pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size: 10.0pt; mso-bidi-font-size: 12.0pt; line-height: 107%; font-family: 'Times New Roman',serif; mso-ansi-language: EN-US;">In this context, our management, with participation of our Chief Executive Officer and Chief Financial Officer and under the oversight of our Board of Directors, has assessed the effectiveness of the Company&#8217;s internal control over financial reporting as of December 31, 2021, based on the criteria established in the Internal Control &#8212; Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission (&#8220;COSO 2013 Framework&#8221;). </span></p>
<p style="margin: 12pt 0cm 8pt; text-indent: 24.4pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size: 10.0pt; mso-bidi-font-size: 12.0pt; line-height: 107%; font-family: 'Times New Roman',serif; mso-ansi-language: EN-US;">Based on such assessment and criteria, our management identified the following deficiencies in the Company&#8217;s internal control over financial reporting as of December 31, 2021:</span></p>
<p style="margin: 0cm 0cm 0cm 38.25pt; text-indent: -18pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size: 10.0pt; font-family: Symbol; mso-fareast-font-family: Symbol; mso-bidi-font-family: Symbol; mso-ansi-language: EN-US;"><span style="mso-list: Ignore;">&#183;<span style="font: 7.0pt 'Times New Roman';">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></span></span><span style="font-size: 10.0pt; font-family: 'Times New Roman',serif; mso-ansi-language: EN-US;">The Company did not design effective management review controls over the calculation of the income tax provision, including (a) appropriate identification of (i) revenue and expenses to be included in the determination of taxable income and (ii) tax and book basis differences to be used in the determination of deferred taxes, and (b) accuracy of the amounts included in the determinations. These deficiencies were due to the fact that the Company did not perform an effective risk assessment process to evaluate relevant risks of material misstatement associated with calculation of the income tax provision.</span></p>
<p style="margin: 0cm 0cm 8pt 38.25pt; text-indent: -18pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size: 10.0pt; font-family: Symbol; mso-fareast-font-family: Symbol; mso-bidi-font-family: Symbol; mso-ansi-language: EN-US;"><span style="mso-list: Ignore;">&#183;<span style="font: 7.0pt 'Times New Roman';">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></span></span><span style="font-size: 10.0pt; font-family: 'Times New Roman',serif; mso-ansi-language: EN-US;">At certain of its business units, the Company did not have resources that were sufficiently trained and experienced in the application of the requirements of the COSO 2013 Framework to its financial reporting processes and related internal controls. As a result, the Company did not maintain effective controls over the completeness and accuracy of information used to support the functioning of its internal controls relating to the existence of inventories held at third-party facilities.</span></p>
<p style="margin: 12pt 0cm 8pt; text-indent: 24.4pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size: 10.0pt; mso-bidi-font-size: 12.0pt; line-height: 107%; font-family: 'Times New Roman',serif; mso-ansi-language: EN-US;">The control deficiencies described above resulted in an immaterial misstatement related to the income tax provision in the Company&#8217;s preliminary consolidated financial statements which was corrected prior to the issuance of the 2021 annual consolidated financial statements. Because these control deficiencies create a reasonable possibility that a material misstatement to the consolidated financial statements will not be prevented or detected on a timely basis, we concluded that they represent material weaknesses in the Company&#8217;s internal control over financial reporting and that our internal control over financial reporting was not effective as of December 31, 2021.</span></p>
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<p style="line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><b style="mso-bidi-font-weight: normal;"><i style="mso-bidi-font-style: normal;"><span style="font-size: 10.0pt; line-height: 107%; font-family: 'Times New Roman',serif; mso-ansi-language: EN-US;"><br/></span></i></b></p>
<p style="margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><b style="mso-bidi-font-weight: normal;"><i style="mso-bidi-font-style: normal;"><span style="font-size: 10.0pt; line-height: 107%; font-family: 'Times New Roman',serif; mso-ansi-language: EN-US;">Remediation Plan for the Material Weakness</span></i></b><span style="font-size: 10.0pt; line-height: 107%; font-family: 'Times New Roman',serif; mso-ansi-language: EN-US;"></span></p>
<p style="margin: 12pt 0cm 8pt; text-indent: 24.4pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size: 10.0pt; mso-bidi-font-size: 12.0pt; line-height: 107%; font-family: 'Times New Roman',serif; mso-ansi-language: EN-US;">Our management is actively engaged in the planning for, and implementation of, the remediation efforts to address the material weaknesses described above, which we plan to complete by the next annual assessment of the Company&#8217;s internal control over financial reporting. These efforts include performing a more granular assessment of risks inherent in the Company&#8217;s income tax calculation process, reassessing the appropriateness of design of existing controls associated with the income tax calculations, and implementation of certain additional controls over the determination of the current and deferred income tax balances, including:</span></p>
<p style="margin: 0cm 0cm 0cm 60.4pt; text-indent: -18pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size: 10.0pt; line-height: 107%; font-family: 'Times New Roman',serif; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US;"><span style="mso-list: Ignore;">a)<span style="font: 7.0pt 'Times New Roman';">&#160;&#160;&#160;&#160;&#160;&#160; </span></span></span><span style="font-size: 10.0pt; mso-bidi-font-size: 12.0pt; line-height: 107%; font-family: 'Times New Roman',serif; mso-ansi-language: EN-US;">Monthly review of our effective tax rate for each of the Company&#8217;s business units</span><span style="font-size: 10.0pt; line-height: 107%; font-family: 'Times New Roman',serif; mso-ansi-language: EN-US;">;</span></p>
<p style="margin: 12pt 0cm 0cm 60.4pt; text-indent: -18pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size: 10.0pt; line-height: 107%; font-family: 'Times New Roman',serif; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US;"><span style="mso-list: Ignore;">b)<span style="font: 7.0pt 'Times New Roman';">&#160;&#160;&#160;&#160;&#160;&#160; </span></span></span><span style="font-size: 10.0pt; line-height: 107%; font-family: 'Times New Roman',serif; mso-ansi-language: EN-US;">Monthly review of our income tax recognition by each of the Company&#8217;s business units&#8217; tax specialists; and</span></p>
<p style="margin: 12pt 0cm 8pt 60.4pt; text-indent: -18pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size: 10.0pt; line-height: 107%; font-family: 'Times New Roman',serif; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US;"><span style="mso-list: Ignore;">c)<span style="font: 7.0pt 'Times New Roman';">&#160;&#160;&#160;&#160;&#160;&#160; </span></span></span><span style="font-size: 10.0pt; line-height: 107%; font-family: 'Times New Roman',serif; mso-ansi-language: EN-US;">Monthly report on the income tax recognition for the Controllership, Planning and Investor Relations departments. </span></p>
<p style="margin: 12pt 0cm 8pt; text-indent: 24.4pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size: 10.0pt; mso-bidi-font-size: 12.0pt; line-height: 107%; font-family: 'Times New Roman',serif; mso-ansi-language: EN-US;">The efforts to remediate the deficiencies in the level of internal control training and experience of personnel at certain business units and operation of controls over the completeness and accuracy of information used to support the functioning of internal controls related to the existence of inventories held at third-party facilities include offering a formal training program to those that act as control owners at the business units in order to: (i) reinforce the importance of internal controls over financial reporting processes, and (ii) explain the need for verification tests over the quality of information used to support the functioning of internal controls and appropriate documentation of such tests.</span></p>
<p style="margin: 12pt 0cm 8pt; text-indent: 24.4pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size: 10.0pt; mso-bidi-font-size: 12.0pt; line-height: 107%; font-family: 'Times New Roman',serif; mso-ansi-language: EN-US;">The remediation efforts will be monitored by our internal audit department, which will evaluate and internally report to the Audit and Risks Committee on the progress and results of the remediation plan.</span></p>
<p style="margin: 12pt 0cm 0cm 30.6pt; break-after: avoid; text-indent: -30.6pt;"><span style="font-size: 10.0pt; font-weight: bold; break-after: avoid; font-family: 'Times New Roman', serif;"><span>(c)&#160; &#160; &#160; &#160; </span><span><b><span>Report of the Independent Registered Public Accounting Firm on Internal Control over Financial Reporting</span></b></span></span></p>
<p style="margin: 12pt 0cm 8pt; text-indent: 24.4pt; line-height: 1.2; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size: 10pt; line-height: inherit; font-family: 'Times New Roman', serif;"><ix:nonNumeric contextRef="D20211231_3" name="dei:AuditorName" id="Tag5833">KPMG Auditores Independentes Ltda</ix:nonNumeric> (PCAOB ID n. <ix:nonNumeric contextRef="D20211231_3" name="dei:AuditorFirmId" id="Tag5834">1124</ix:nonNumeric>), issued in <ix:nonNumeric contextRef="D20211231_3" name="dei:AuditorLocation" id="Tag5832">S&#227;o Paulo, Brazil</ix:nonNumeric>, <span style="font-size: 10.0pt; mso-bidi-font-size: 12.0pt; line-height: 107%; font-family: 'Times New Roman',serif; mso-fareast-font-family: Calibri; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA;">the independent registered public accounting firm that audited the consolidated financial statements included in this annual report on Form 20-F, issued an auditor&#8217;s report expressing an adverse opinion on the effectiveness of the Company&#8217;s internal control over financial reporting as of December 31, 2021. The report of KPMG Auditores Independentes Ltda. appears on page F-5 of this annual report on Form 20-F.</span> </span></p>
<p style="margin: 12pt 0cm 0cm 30.6pt; text-indent: -30.6pt; break-after: avoid; font-size: 12pt; font-family: 'Times New Roman', serif;"><b><span style="font-size: 10.0pt;">(d) <span style="mso-tab-count: 1;">&#160;&#160;&#160;&#160;&#160;&#160; </span>Changes in Internal Control over Financial Reporting</span></b><b style="mso-bidi-font-weight: normal;"><span style="font-size: 11.0pt; font-family: 'Calibri',sans-serif; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin;"></span></b></p>
<p style="margin: 12pt 0cm 8pt; text-indent: 24.4pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size: 10.0pt; mso-bidi-font-size: 12.0pt; line-height: 107%; font-family: 'Times New Roman',serif; mso-ansi-language: EN-US;">There have been no changes in our internal control over financial reporting during the year ended December&#160;31, 2021 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.</span></p>
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<td style="padding: 10px 0px;"><span style="font-size: 10pt;"><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-weight: bold;">ITEM</span><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-weight: bold;">&#160;</span><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-weight: bold;">16.</span></span></td>
<td style="padding: 10px 0px;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" id="BS_MJPKAZRM8000000000000000000000" class="customBookmark"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: inline !important;">[RESERVED]</span></a></td>
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<td style="width: 10%; padding: 0px 0px 10px;"><span style="font-size: 10pt;"><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-weight: bold;">ITEM</span><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-weight: bold;">&#160;</span><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-weight: bold;">16A.</span></span></td>
<td style="width: 90%; padding: 0px 0px 10px;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" id="BT_RBG1ZEGCS000000000000000000000" class="customBookmark"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: inline !important;">AUDIT COMMITTEE FINANCIAL EXPERT</span></a></td>
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<p style="margin: 0pt 0pt 5pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">We believe that each of Ms. Ana Paula Vitali Janes Vescovi, Mr. Jorge Marques de Toledo Camargo and Mr. Jos&#233; Maur&#237;cio Pereira Coelho qualifies as an audit committee &#8220;financial expert,&#8221; as that term defined by the SEC in its final rules implementing Section 407 of the Sarbanes-Oxley Act of 2002. However, as we have previously relied on the exemption under Rule 10A-3(c)(3) of the Exchange Act from the audit committee requirements of Section 303A of the NYSE Listed Company Manual, we have not yet formally appointed an audit committee &#8220;financial expert.&#8221; We intend to do so in the near future. However, the Company believes that our audit and risks committee members are qualified to carry out their duties on the audit and risks committee given their experience and other qualifications in financial matters. For a discussion of the role of our statutory audit committee, see &#8220;Item 6. Directors, Senior Management and Employees&#8212;C. Board Practices&#8212;Committees of the Board of Directors&#8212;Audit and Risks Committee.&#8221;&#160;</span></p>
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<td style="padding: 10px 0px 0px; width: 10%;"><span style="font-size: 10pt;"><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-weight: bold;">ITEM</span><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-weight: bold;">&#160;</span><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-weight: bold;">16B.</span><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-weight: bold;">&#160;</span></span></td>
<td style="padding: 10px 0px 0px; width: 90%;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" id="BU_FFSIFGFBB400000000000000000000" class="customBookmark"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: inline !important;">CODE OF ETHICS</span></a></td>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In 2004, we established a Code of Ethics which covered (i)&#160;the Board of Directors; (ii)&#160;the whole Executive Board (including the Chief Executive Officer and the Chief Financial Officer); (iii)&#160;the Fiscal Council of Ultrapar; (iv)&#160;the Board of Directors and Executive Board of its subsidiaries; and (v)&#160;remaining bodies with technical or advisory functions that are directly subordinated to the Board of Directors, to the Executive Board or to the fiscal committee of Ultrapar. Our Code of Ethics was amended on June&#160;17, 2009 to (i)&#160;improve certain existing items of the code by including examples of acceptable or unacceptable behavior and clarifying the language to avoid misunderstanding of such items and (ii)&#160;improve access to the channel for reporting non-compliance with the code. On July&#160;31, 2013, we amended our Code of Ethics in order to increase the number of permanent members of the Conduct Committee from three to four members. On September&#160;17, 2014 the Code of Ethics was fully revised. On December&#160;13, 2017, our Board of Directors approved a new Code of Ethics, which came into effect on March&#160;1, 2018. The Code of Ethics was fully revised on December 8, 2021 and came into effect on March 17, 2022. For the complete amended Code of Ethics please see our 6-K filed with the SEC on March 21, 2022. The objective of this code is (i)&#160;to reduce the subjectivity of personal interpretations of ethical principles; (ii)&#160;to be a formal and institutional benchmark for the professional conduct of the employees, including the ethical handling of actual or apparent conflicts of interests, becoming a standard for the internal and external relationship of Ultrapar with its stakeholders, namely: shareholders, clients, employees, partners, suppliers, service providers, labor unions, competitors, society, government and the communities in which it operates; and (iii)&#160;to ensure that the daily concerns with efficiency, competitiveness and profitability do not override ethical behavior. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Also, in 2014, we approved the Corporate Policy on Anti-Corruption and the Relationship with the Public and Private Sector, applicable to shareholders, employees of the Company, third parties and business partners when representing or acting on behalf of the Company. On December&#160;13, 2017, our Board of Directors approved a new Corporate Policy on Anti-Corruption and the Relationships with the Public and Private Sector, which came into effect on March&#160;1, 2018. On December 8, 2021, our Board of Directors approved a fully revised corporate policy on anti-corruption and relationship with public officials, which came into effect on March 17, 2022. This policy consolidates the guidelines for corruption prevention to be adopted in the relationship with public officers to protect the integrity and transparency of our businesses. For our complete revised corporate policy on anti-corruption and relationship with public officials, please see our 6-K filed with the SEC on March 21, 2022.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">On September&#160;21, 2016, our Board of Directors approved the Antitrust Policy applicable to employees of the Company, third parties and business partners. This policy establishes guidelines for preventing and combating violations of competition law and ensuring compliance with all competition laws, to be adopted by the Ultra companies, as well as in corporate transactions in which they are involved. On October 2018, we reviewed our Antitrust Policy. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Also, in 2016, the Company approved the Conflict of Interests Policy applicable to employees of the Company, third parties and business partners when representing or acting on behalf of the Company. This policy provides for standard behaviors and professional conduct of the employees, including the ethical handling of actual or apparent conflicts of interests. The Policy was revised in 2021, now called the &#8220;Conflict of Interest and Related Party Transactions Corporate Policy.&#8221; You can obtain a copy of our Code of Ethics and of our Corporate Policy on Anti-Corruption and the Relationship with the Public and Private Sector, free of charge, at our Investor Relations (<span style="text-decoration: underline;">www.ri.ultra.com.br</span>), on &#8220;Governance&#8221; section, subsection &#8220;Bylaws, Codes and Policies.&#8221; </span></p>
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<td style="padding: 10px 0px; width: 10%;"><span style="font-size: 10pt;"><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -73.3333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-weight: bold;">ITEM</span><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -73.3333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-weight: bold;">&#160;</span><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -73.3333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-weight: bold;">16C.</span></span></td>
<td style="padding: 10px 0px; width: 90%;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" id="BV_EEW68MB9K000000000000000000000" class="customBookmark"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -73.3333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: inline !important;">PRINCIPAL ACCOUNTANT FEES AND SERVICES</span></a></td>
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<p style="text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The relationship with our independent registered public accounting firm in respect to the contracting of services unrelated to the external audit is based on principles that preserve the independence of the independent registered public accounting firm. Our Board of Directors approves our consolidated financial statements, the performance by our independent registered public accounting firm of audit and permissible non-audit services, and associated fees, supported by our Audit and Risks Committee. See &#8220;Item&#160;6.C. Directors, Senior Management and Employees&#8212;Board Practices&#8212;Audit and Risks Committee&#8221; for more information about the responsibilities of the Audit and Risks Committee. Our consolidated financial statements for the year ended December&#160;31, 2021 and 2020 were audited by the independent registered public accounting firm KPMG Auditores Independentes Ltda.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The following table describes the total amount billed to us by KPMG Auditores Independentes Ltda for services performed in 2021 and 2020:</span></p>
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<p style="font-size: 8pt; line-height: 108%; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">2020</span> </span></p>
</th>
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<p style="line-height: 2pt; margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</th>
<th colspan="3" style="vertical-align: top; height: 10px;">
<p style="font-size: 8pt; line-height: 108%; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;">(in</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">thousands</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">of</span><span style="font-style: italic; font-weight: bold;">&#160;</span><span style="font-style: italic; font-weight: bold;">Reais</span><span style="font-weight: bold;">)</span></span></p>
</th>
</tr>
</thead>
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<td style="vertical-align: top; width: 79%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Audit Fees&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; width: 10%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">8,212.8</span></p>
</td>
<td style="vertical-align: top; width: 1%; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; width: 10%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">8,489.9</span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt 0pt 0pt 12pt; page-break-after: avoid; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Audit Related Fees&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">551.0</span></p>
</td>
<td style="vertical-align: top; height: 17px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1,156.4</span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">Total Consolidated Audit Fees</span><span style="font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></span></p>
</td>
<td style="vertical-align: top; height: 17px; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">8,763</span><span style="font-weight: bold;">.</span><span style="font-weight: bold;">8</span></span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">9,646</span><span style="font-weight: bold;">.2</span></span></p>
</td>
</tr>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Audit Fees&#8221; are the aggregate fees billed by our independent registered public accounting firm for the audit of our consolidated and annual financial statements, reviews of interim financial information and attestation services that are provided in connection with statutory and regulatory filings or engagements.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#8220;Audit Related Fees&#8221; are fees related to tax compliance services to review the ECF, agreed upon procedures in connection with the reopening of 2029 notes offering process, attestation report on net assets book value.</span></p>
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Pre-Approval Policies and Procedures </span></p>
<p style="margin: 18pt 0pt 0pt; break-after: avoid; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span>In order to adapt to the new rules for the Novo Mercado segment, the extraordinary and annual general shareholders&#8217; meeting held on April&#160;10, 2019 decided that our audit and risks committee must function on a permanent basis to advise the</span> Board of Directors. This committee is responsible for recommending to the Board of Directors the retention and dismissal of independent audit services, as well as proposing to the Board of Directors the nomination of the independent auditor and their replacement and to define the pre-approval policy for hiring services that may be provided by the independent auditor.<span>&#160; </span></span></p>
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<td style="padding: 10px 0px 0px; width: 10%;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-weight: bold;"><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-weight: bold;">ITEM</span><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-weight: bold;">&#160;</span><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-weight: bold;">16D.</span><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-weight: bold;">&#160;</span> </span></td>
<td style="padding: 10px 0px 0px; width: 90%;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" id="BW_GQ052B4P9C00000000000000000000" class="customBookmark"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: inline !important;">EXEMPTIONS FROM THE LISTING STANDARDS FOR AUDIT COMMITTEES</span></a></td>
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<p style="margin: 18pt 0pt 0pt; break-after: avoid; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; break-after: avoid;">None.</span></p>
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<td style="padding: 10px 0px 0px; width: 10%;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-weight: bold;"><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -73.3333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-weight: bold;">ITEM</span><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -73.3333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-weight: bold;">&#160;</span><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -73.3333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-weight: bold;">16E.</span> </span></td>
<td style="padding: 10px 0px 0px; width: 90%;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" id="BX_Q2OZG59OAO00000000000000000000" class="customBookmark"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -73.3333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: inline !important;">PURCHASES OF EQUITY SECURITIES BY THE ISSUER AND AFFILIATED PURCHASERS</span></a></td>
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<p style="margin: 18pt 0pt 0pt; break-after: avoid; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; break-after: avoid;"><span>We did not purchase any shares issued by the Company in 2021.</span><span> </span></span></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">174</span></td>
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<td style="padding: 10px 0px 0px; width: 10%;"><span style="font-size: 10pt;"><span style="font-weight: bold;">ITEM</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">16F.</span></span></td>
<td style="padding: 10px 0px 0px; width: 90%;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" id="B16f_79V7MDDAYO00000000000000000000" class="customBookmark"><span style="font-size: 10pt;"><span style="font-weight: bold;">CHANGE IN REGISTR</span><span style="font-weight: bold;">ANT&#8217;S INDEPENDENT PUBLIC ACCOUNTING FIRM</span></span></a></td>
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<p style="margin: 12pt 0cm 0cm; text-indent: 24.4pt; font-size: 10pt; font-family: 'Times New Roman', serif;"><span style="font-size: 10pt; font-family: 'times new roman', times;">On December 9, 2021, Ultrapar engaged Deloitte Touche Tohmatsu Auditores Independentes as its principal accountants for the fiscal year ending December 31, 2022, and will dismiss&#160;KPMG&#160;Auditores Independentes Ltda. (&#8220;KPMG&#8221;), which is currently serving as the Company&#8217;s independent auditors, upon completion of their audit of the consolidated financial statement as of December 31, 2021 and for the three years ended December 31, 2021, 2020 and 2019, and the effectiveness of internal control over financial reporting as of December 31, 2021, and the issuance of their report thereon. The decision to change accountants was approved by the audit committee of the Board of Directors.</span></p>
<p style="margin: 12pt 0cm 0cm; text-indent: 24.4pt; font-size: 10pt; font-family: 'Times New Roman', serif;"><span style="font-size: 10pt; font-family: 'times new roman', times;">During the two fiscal years ended December 31, 2021 and 2020, and the subsequent interim period there were no: (1) disagreements with KPMG on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedures, which disagreements if not resolved to their satisfaction would have caused them to make reference in connection with their opinion to the subject matter of the disagreement, or (2) reportable events, except that KPMG advised Ultrapar (and subsidiaries) of the following material weaknesses as of December 31, 2021: (i) the Company did not design effective management review controls over the calculation of the current income tax provision; including (a) appropriate identification of (i) revenue and expenses to be included in the determination of taxable income and (ii) tax and book basis differences to be used in the determination of deferred taxes, and (b) accuracy of the amounts included in the determinations and (ii) &#160;at certain of its business units, the Company did not have resources that were sufficiently trained and experienced in the application of the requirements of the COSO 2013 Framework to its financial reporting processes and related internal controls. As a result, the Company did not maintain effective controls over the completeness and accuracy of information used to support the functioning of its internal controls relating to the existence of inventories held at third-party facilities.</span></p>
<p style="margin: 12pt 0cm 0cm; text-indent: 24.4pt; font-size: 10pt; font-family: 'Times New Roman', serif;"><span style="font-family: 'times new roman', times; text-indent: 24.4pt; margin: 12pt 0cm 0cm; font-size: 10pt;"><span style="font-size: 10pt; text-indent: 24.4pt; margin: 12pt 0cm 0cm;">The audit reports of KPMG on the consolidated financial statements<span style="font-size: 10pt; font-family: 'times new roman', times;">&#160;of Ultrapar&#160;</span></span><span style="font-size: 10pt; text-indent: 24.4pt; margin: 12pt 0cm 0cm;"><span style="font-size: 10pt; text-indent: 24.4pt; margin: 12pt 0cm 0cm;"><span style="font-size: 10pt; font-family: 'times new roman', times;">(and subsidiaries) as of</span> and for the years ended December 31, 2021 and 2020 did not contain any adverse opinion or disclaimer of opinion, nor were they qualified or modified as to uncertainty, audit scope, or accounting principles. The audit reports of KPMG</span> on the effectiveness of internal control over financial reporting as of December 31, 2021 and 2020 did not contain any adverse opinion or disclaimer of opinion, nor were they qualified or modified as to uncertainty, audit scope, or accounting principles, except that KPMG report dated May 10, 2022 indicates that Ultrapar</span><span style="font-size: 10pt; text-indent: 24.4pt;"> (and subsidiaries) did not maintain effective internal control over financial reporting as of December 31, 2021 because of the effect of </span><span style="font-size: 10pt; text-indent: 24.4pt;">&#160;</span><span style="font-size: 10pt; text-indent: 24.4pt;">material weaknesses on the achievement of the objectives of the control criteria and contains an explanatory paragraph that states the: (i) the Company did not design effective management review controls over the calculation of the income tax provision, including (a) appropriate identification of (i) revenue and expenses to be included in the determination of taxable income and (ii) tax and book basis differences to be used in the determination of deferred taxes, and (b) accuracy of the amounts included in the determinations ; and (ii) at certain of its business units, the Company did not have resources that were sufficiently trained and experienced in the application of the requirements of the COSO 2013 Framework to its financial reporting processes and related internal controls.</span><span style="font-size: 10pt; text-indent: 24.4pt;">&#160; </span><span style="font-size: 10pt; text-indent: 24.4pt;">As a result, the Company did not maintain effective controls over the completeness and accuracy of information used to support the functioning of its internal controls relating to the existence of inventories held at third-party facilities.&#160;</span></span><br/></p>
<p style="margin: 12pt 0cm 0cm; text-indent: 24.4pt; font-size: 10pt; font-family: 'Times New Roman', serif;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">Ultrapar has requested that KPMG Auditores Independentes Ltda. furnish it with a letter addressed to the SEC stating whether or not it agrees with the above statements. A copy of such letter, dated May 10, 2022, is filed as &#8220;Exhibit 15 &#8212; Letter from KPMG Auditores Independentes Ltda. to the SEC, regarding the change in independent registered public accounting firm&#8221; to this Form 20-F.</span><span></span><span style="font-size: 10.0pt;"><br/></span></span></p>
<p style="margin: 12pt 0cm 0cm; text-indent: 24.4pt; font-size: 10pt; font-family: 'Times New Roman', serif;"><span style="font-size: 10pt; font-family: 'times new roman', times;">We did not consult with Deloitte Touche Tohmatsu Auditores Independentes during our two most recent fiscal years or any subsequent interim period as to the application of accounting principles to a specified transaction, either completed or proposed, the type of audit opinion that might be rendered on our financial statements or any matter that was either the subject of a disagreement (as defined in Item&#160;16F(a)(1)(iv) of Form 20-F) or a reportable event (as described in Item&#160;16F(a)(1)(v) of Form 20-F).&#160;&#160;</span><br/></p>
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<td style="padding: 10px 0px 0px; width: 9.2641%; height: 17px;"><span style="font-size: 10pt;"><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-weight: bold;">ITEM</span><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-weight: bold;">&#160;</span><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-weight: bold;">16G.</span></span></td>
<td style="padding: 10px 0px 0px; width: 90.7359%; height: 17px;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" id="Baa_UMO5F1T88000000000000000000000" class="customBookmark"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: inline !important;">CORPORATE GOVERNANCE</span></a></td>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Under the rules of the NYSE, foreign private issuers are subject to a more limited set of corporate governance requirements than are U.S. domestic issuers. As a foreign private issuer, we must comply with four principal NYSE corporate governance rules: (i)&#160;we must satisfy the requirements of Exchange Act Rule&#160;10A&#8211;3 relating to audit committees; (ii)&#160;our Chief Executive Officer must promptly notify the NYSE after any executive officer becomes aware of any material noncompliance with the applicable NYSE rules; (iii)&#160;we must provide the NYSE with annual and interim written affirmations; and (iv)&#160;we must provide a brief description of any significant differences between our corporate governance practices and those followed by U.S. companies under NYSE listing&#160;standards. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The significant differences between our corporate governance practices and the NYSE corporate governance standards are as follows: </span></p>
<p style="margin: 18pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Independence of Directors </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">NYSE rules require that a majority of the Board of Directors must consist of independent directors as defined under NYSE rules. Under Brazilian Corporate Law, we are not required to have a majority of independent directors. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The Brazilian Corporate Law requires that our directors be elected by our shareholders at a general shareholders&#8217; meeting. According to the rules of <span style="font-style: italic;">Novo Mercado</span>, 20% or at least two of the members of our Board of Directors, whichever is greater, must be independent. As of December 31, 2021, our Board of Directors had 6 members that meet the independence requirements pursuant to the rules of <span style="font-style: italic;">Novo Mercado</span>. Furthermore, according to our bylaws, at least 30% of the members of our Board of Directors must be independent.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The rules for the <span style="font-style: italic;">Novo Mercado</span> segment, in force as of January&#160;2, 2018, established that the companies listed in this segment will have up to the annual shareholders&#8217; meeting to be held in 2022 to adopt new requirements to assure the independence of the members of the Board of Directors, based on their relationship with the company, its direct or indirect controlling shareholder (if applicable), its directors and its executive officers; and subsidiaries, affiliates and joint-ventures.</span></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">175</span></td>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">According to these requirements&#8212;to be adopted not later than April 2022&#8212;a board member will not be considered independent if he/she (i)&#160;is the direct or indirect controlling shareholder of the company; (ii)&#160;has his/her voting rights at the board meetings bound to a shareholders&#8217; agreement regarding matters related to the company; (iii)&#160;is a spouse, partner or direct or collateral first/second-degree relative of the controlling shareholder or of any executive officer of the company or the controlling shareholder; (iv)&#160;was an employee or executive officer of the company or its controlling shareholder in the past three years. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Furthermore, the new rules of the <span style="font-style: italic;">Novo Mercado</span> establish that when deciding whether Board members are independent, some situations must be analyzed in order to verify whether they entail loss of independence due to the characteristics, magnitude and extent of the relationship, as follows: (i) &#8220;are they a first/second-degree relative of the controlling shareholder or of any executive officer of the company or the controlling shareholder?&#8221;; (ii) &#8220;have they been an employee or executive officer the company&#8217;s subsidiaries, affiliates or joint-ventures in the past three years?&#8221;; (iii) &#8220;do they have a business relationship with the company, its controlling shareholder, or a subsidiary, affiliate or joint-venture?&#8221;; (iv) &#8220;do they hold a position in a firm or entity that has a business relationship with the company or with its controlling shareholder, whereby they have decision-making power regarding the activities of the firm or entity?&#8221;; (v) &#8220;do they receive any compensation from the company, its controlling shareholder, or a subsidiary, affiliate or joint-venture other than the compensation relating to their position as a member of the board of directors or committees of the company, its controlling shareholder, or its subsidiaries, affiliates and joint-ventures, excluding income from shares in the company and benefits from supplementary pension plans?&#8221; </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Once such requirements are adopted, the general shareholders&#8217; meeting shall then be entitled to decide whether a person nominated as member of the Board of Directors is independent and may base its decision (i)&#160;on a declaration submitted to the Board of Directors in which the nominee attests and justify his/her compliance with the independence requirements or (ii)&#160;on the opinion of the Board of Directors expressed in management&#8217;s proposal to the general shareholders meeting that elects directors and officers regarding the candidate&#8217;s compliance or non-compliance with the independence criteria. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">At the extraordinary and annual general shareholders&#8217; meeting held on April 14, 2021, our bylaws were amended to reflect the new independence requirements, and the election of the Board of Directors deliberated upon on such general shareholders&#8217; meeting contemplated said requirements and procedures.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">As of December&#160;31, 2021, our Board of Directors consisted of eleven members, all of them being non-executive members and six of whom were independent, according to the Brazilian <span style="font-style: italic;">Novo Mercado</span> Listing Rules. Two of the non-independent board members were executive officers of Ultrapar until December 2006 or until December 2012. All of the non-independent board members are related, directly or indirectly, to Ultra S.A. See &#8220;Item 6.C. Directors, Senior Management and Employees&#8212;Board Practices&#8221; and &#8220;Exhibit 1.1&#8212;Bylaws of Ultrapar, dated as of April&#160;13, 2022.&#8221; </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">On September 22, 2021, we announced the succession plan of the leadership of our Board of Directors, developed under the leadership of the current Chairman of the Board, Pedro Wongtschowski, whose mandate will end in April 2023. As part of such plan, as of January 2022, Marcos Lutz assumed the position of Chief Executive Officer of the Company, succeeding Frederico Curado, now Vice-Chairman of the Board of Directors, after Lucio de Castro Andrade Filho retired at the end of 2021. On April 13, 2022, the annual and extraordinary general shareholders&#8217; meeting elected Frederico Curado to act as board member with term of office until the mandate term of the Board of Directors elected in 2021 is completed. As of the date of this report, our Board of Directors is composed of ten members, six of whom are independent members, according to the rules previously mentioned.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">No member of the Board has any material relationship with the Company, either directly or as a partner or officer of an organization that has relationship with Ultrapar, except for their interest as shareholders of Ultrapar or Ultra S.A. Participa&#231;&#245;es, when applicable, as mentioned above. The Brazilian Corporate Law, the <span style="font-style: italic;">Novo Mercado</span> Listing rules and the CVM establish rules relating to the qualification of the members of our Board of Directors and our executive officers, including their compensation, duties and responsibilities. We believe these rules provide adequate assurances that our directors are independent according to the independence tests established by the NYSE. </span></p>
<p style="margin: 18pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Executive Sessions </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">NYSE rules require that the non-management directors must meet at regularly scheduled executive sessions without management present. Such provision does not apply to Ultrapar given that none of our directors is currently an executive officer of the Company.</span></p>
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<p style="margin: 10pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Committees </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">NYSE rules require that U.S. domestic listed companies have a nominating/corporate governance committee and a compensation committee composed entirely of independent directors and governed by a written charter addressing the committee&#8217;s purpose and responsibilities. Under the Brazilian Corporate Law, we are not required to have a nominating committee, a corporate governance committee or a compensation committee. Notwithstanding, our bylaws provides for a people committee (formerly named compensation committee), strategy committee and an audit and risks committee, as ancillary bodies of the Board of Directors. See &#8220;Item&#160;6.C. Directors, Senior Management and Employees&#8212;Board Practices&#8221; and &#8220;Exhibit&#160;1.1&#8212;Bylaws of Ultrapar, dated as of April&#160;13, 2022.&#8221; </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The members of our committees shall be elected by the Board of Directors for a term of office of two years, coincident with the term of office of the directors.</span></p>
<p style="background-color: #ffffff; margin: 6pt 0pt 12pt; text-indent: 18pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">As of the date hereof, our people committee was composed of the board members Mr.&#160;Jos&#233; Gall&#243; (who also acts as coordinator of the committee), Mr.&#160;Frederico Curado, Mr. Alexandre Teixeira de Assump&#231;&#227;o Saigh and Mr. Jos&#233; Luiz Alqu&#233;res whereas our strategy committee was composed of the board members Mr.&#160;Pedro Wongtschowski (who also acts as coordinator of the committee), Ms.&#160;Fl&#225;via Buarque de Almeida, Mr.&#160;Jorge Marques de Toledo Camargo and Mr.&#160;Frederico Curado. For more information, see &#8220;Item 6. Directors, Senior Management and Employees&#8212;C. Board Practices&#8212;Committees of the Board of Directors&#8212;People Committee&#8221; and &#8220;&#8212;Strategy Committee.&#8221;</span></p>
<p style="background-color: #ffffff; margin: 6pt 0pt 12pt; text-indent: 18pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">Audit</span><span style="font-weight: bold;"> and Risks</span><span style="font-weight: bold;"> Committee</span></span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">U.S. domestic listed companies must have an audit committee with all independent directors who are financially literate and who satisfy the independence requirements of Rule 10A&#8211;3 of the Securities Exchange Act of 1934 (the &#8220;Exchange Act&#8221;), with a written charter addressing the committee&#8217;s purpose and responsibilities. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Our bylaws establish our audit and risks committee as an ancillary body of the Board of Directors, which shall be composed of at least three members, all of them members of the Board of Directors and at least one member with recognized experience in corporate accounting matters, as provided in the applicable regulations of the CVM. Although our bylaws only require a majority of independent directors, all members of our audit and risks committee meet the applicable independent membership requirements of the SEC and the NYSE. All members shall be elected by the Board of Directors for a term of office of two years, and the term shall coincide with the term of office of the Directors, with reelection being permitted for successive terms. A single member of the audit and risks committee may concentrate the two above mentioned requirements. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The audit and risks committee shall (a)&#160;recommend to the Board of Directors the retention and dismissal of independent audit services, as well as propose to the Board of Directors the nomination of the independent auditor and their replacement; (b)&#160;review the management report and the financial statements of the Company and of its controlled companies, and provide the recommendations it deems necessary to the Board of Directors; (c)&#160;review the quarterly financial information and the periodic financial statements prepared by the Company; (d)&#160;monitor the activities of the Company&#8217;s internal audit and internal controls departments, including follow-up and assessment of the effectiveness and sufficiency of the internal control structure and of the internal and independent audit processes of the Company and of its controlled companies, including in relation to the provisions set forth in the Sarbanes-Oxley Act, submitting the recommendations it deems necessary for the improvement of policies, practices and procedures; (e)&#160;evaluate and monitor the Company&#8217;s risk exposure per the Risk Management Policy, as well as provide its opinion on any review of the contents thereof, in addition to advising the Board of Directors in connection with the setting of acceptable risk levels; (f)&#160;establish procedures for the acceptance and handling of information submitted by any party relating to alleged noncompliance with applicable legal and regulatory requirements applicable to the Company, in addition to internal regulations, policies and codes, including procedures for confidential or anonymous submission, safeguarding information secrecy; (g)&#160;interact with the other Company&#8217;s governing bodies in connection with the receipt and review of information on noncompliance with legal and regulatory requirements applicable to the Company, as well as with internal regulations; and (h)&#160;provide its opinion on the matters submitted to it by the Board of Directors, as well as on those matters it determines to be relevant. </span></p>
<p style="background-color: #ffffff; margin: 6pt 0pt 12pt; text-indent: 18pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">As of the date hereof, our audit and risks committee was composed of the board members Ms.&#160;Ana Paula Vitali Janes Vescovi (who also acts as coordinator of the committee), Mr.&#160;Jorge Marques de Toledo Camargo and Mr.&#160;Jos&#233; Maur&#237;cio Pereira Coelho. For more information, see &#8220;Item 6. Directors, Senior Management and Employees&#8212;C. Board Practices&#8212;Committees of the Board of Directors&#8212;Audit and Risks Committee.&#8221;</span></p>
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<p style="background-color: #ffffff; margin: 6pt 0pt 12pt; text-indent: 18pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Fiscal Council</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Under Brazilian corporate Law, the Fiscal Council is a separate corporate body independent of management and independent auditors and it may operate on a permanent or non-permanent basis. According to the Brazilian Corporate Law, a Fiscal Council acting on a non-permanent basis is required to be formed when requested by 10% of voting shareholders in an annual general shareholders&#8217; meeting. However, pursuant to CVM Instruction 324/00, in the case of Ultrapar, holders of 2% of the voting capital are entitled to request the installation of the Fiscal Council. The elected members of the Fiscal Council will remain in place only until the following annual general shareholders&#8217; meeting, in which they may be reelected by our shareholders. The Fiscal Council must meet at least four times per year. Since its establishment, in July 2005, our Fiscal Council has been meeting on a regular basis, and in 2021, they held nine meetings.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Additionally, individuals who are members of our Board of Directors or our Board of Executive Officers or are employees or spouses or relatives of any member of our management are not eligible to serve on the Fiscal Council. To be eligible to serve on our Fiscal Council, a person must be a resident of Brazil and either a hold university degree or have been a Company officer or Fiscal Council member of another Brazilian company for at least three years prior to election to our Fiscal&#160;Council. A Fiscal Council, when installed, shall have the duties and obligations provided by the Brazilian Corporate Law, which includes, among others, the examination of the statements of financial position of the Company and other financial statements prepared by a company, at least every three months, and the examination of the company&#8217;s accounts and financial statements for the fiscal year and give an opinion on them.</span></p>
<p style="background-color: #ffffff; margin: 6pt 0pt 12pt; text-indent: 18pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Our Fiscal Council is composed of three effective members and an equal number of alternate members and operates on a non-permanent basis when installed by the general shareholders&#8217; meeting. As of the date hereof, we have a Fiscal Council installed, which is composed of the following members: Flavio C&#233;sar Maia Luz, Geraldo Toffanello and Nilson Martiniano Moreira. For more information, see &#8220;Item 6. Directors, Senior Management and Employees&#8212;C. Board Practices&#8212;Committees of the Board of Directors&#8212;Fiscal Council&#8221; and &#8220;Exhibit 1.1&#8212;Bylaws of Ultrapar, dated as of April&#160;13, 2022&#8221;.</span></p>
<p style="margin: 18pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Shareholder Approval of Equity Compensation Plans </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">NYSE rules require that equity compensation plans for U.S. domestic listed companies be subject to shareholder approval, with limited exceptions. In November 2003, our shareholders approved the Deferred Stock Plan. In accordance with the Deferred Stock Plan, the Board of Directors determines the eligible participants and the number of shares to which each participant shall have rights. See &#8220;Item&#160;6.C. Directors, Senior Management and Employees&#8212;Compensation.&#8221; At the annual general shareholders&#8217; meeting held on April&#160;19, 2017, our shareholders approved a new stock-based incentive plan for our employees and executives. </span></p>
<p style="margin: 18pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Corporate Governance Guidelines </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">NYSE rules require that U.S. domestic listed companies adopt and disclose corporate governance guidelines. We have adopted corporate governance guidelines set out by our Board of Directors or required by the Brazilian Corporate Law, the CVM and B3 and which we believe are consistent with best practices, such as the 100% tag along rights to all shareholders, the establishment and disclosure of a code of ethics, and the adoption of the Policy of Disclosure of Material Acts or Facts, which deals with the public disclosure of all relevant information and the trading of shares issued by Ultrapar as per CVM Resolution N.&#160;44, and the adoption of Anti-Corruption and Relationship with the Public and Private Sector Corporate Policy. </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Since June&#160;28, 2011, we have been listed on the <span style="font-style: italic;">Novo Mercado</span> segment of B3. According to the rules of <span style="font-style: italic;">Novo Mercado</span>, 20% or at least two members of our Board of Directors, whichever is greater, must be independent while a minimum of 30% is required in our bylaws.</span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Our bylaws also (i)&#160;establish a mandatory tender offer for 100% of the Company&#8217;s shareholders in the event a shareholder, or a group of shareholders acting in concert, acquire or become holder of 20% of the Company&#8217;s shares, excluding treasury shares, and (ii)&#160;create a strategy, an audit and risks and a people committees, as ancillary bodies of the Board of Directors. Our bylaws do not establish any limitation on voting rights, special treatment to current shareholders, public tender offers for a price above that of the acquisition price of shares or any other poison pill provisions, thus assuring the effectiveness of a majority shareholders&#8217; approval on all matters to be deliberated. See &#8220;Exhibit&#160;1.1&#8212;Bylaws of Ultrapar, dated as of April&#160;13, 2022.&#8221;</span></p>
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<p style="margin: 10pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In addition, as mentioned above, on September 2017, new rules for <span style="font-style: italic;">Novo Mercado</span> were approved by the CVM. Some of the modifications of the <span style="font-style: italic;">Novo Mercado</span> Rules include the following requirements: (i)&#160;set up an audit committee (statutory or non-statutory); (ii) structure and disclose a process of assessment of the Board of Directors, its committees and executive officers; (iii)&#160;establish and disclose a Code of Conduct, as well as a Compensation Policy, a Nomination Policy for the Board of Directors, its Committees and Executive Officer, a Risk Management Policy, a Related Party Transaction Policy and Securities Trading Policy, all of them with minimum requirements. Despite the fact that the companies listed in this segment must fully comply with the regulations until the general shareholders&#8217; meeting of 2022, our bylaws were amended to reflect, among other amendments, such requirements and we are in full compliance with such rules.&#160;</span></p>
<p style="margin: 18pt 0pt 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Code of Business Conduct and Ethics </span></p>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">NYSE rules require that U.S. domestic listed companies adopt and disclose a code of business conduct and ethics for directors, officers and employees. In 2004, we established a code of ethics, which was amended on September&#160;17, 2014, on December&#160;17, 2017, and on December 8, 2022. For the complete amended code of ethics please see our Form&#160;6-K filed with the SEC on March 21, 2022. The main objective of this code is (i)&#160;to reduce the subjectivity of personal interpretations of ethical principles; and&#160;(ii) to be a formal and institutional benchmark for the professional conduct of our employees, including the ethical handling of actual or apparent conflicts of interests, becoming a standard for the internal and external relationship of the Company with its stakeholders. See &#8220;Item&#160;16.B. &#8212; Code of&#160;Ethics.&#8221;</span></p>
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<td style="padding: 10px 0px 0px; width: 10%;"><span style="font-size: 10pt;"><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -73.3333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-weight: bold;">ITEM</span><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -73.3333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-weight: bold;">&#160;</span><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -73.3333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-weight: bold;">16H.</span></span></td>
<td style="padding: 10px 0px 0px; width: 90%;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" id="BZ_S4GFFC89SG00000000000000000000" class="customBookmark"><span style="font-weight: bold; font-size: 10pt; text-indent: -55pt;"><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -73.3333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-weight: bold;">MINE</span><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -73.3333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-weight: bold;">&#160;</span><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -73.3333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-weight: bold;">SAFETY DIS</span><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -73.3333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-weight: bold;">CLOSURE</span></span></a><br/></td>
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<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Not applicable.</span></p>
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<td style="padding: 10px 0px 0px; width: 10%;"><span style="font-size: 10pt;"><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -73.3333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-weight: bold;">ITEM</span><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -73.3333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-weight: bold;">&#160;</span><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -73.3333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-weight: bold;">16</span><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -73.3333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-weight: bold;">I.</span></span></td>
<td style="padding: 10px 0px 0px; width: 90%;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" id="BA1_U3QI5EP6N400000000000000000000" class="customBookmark"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -73.3333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: inline !important;">DISCLOSURE REGARDING FOREIGN JURISDICTION THAT PREVENT INSPECTIONS</span></a></td>
</tr>
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<p style="margin: 10pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Not applicable.</span></p>
</div>
<div>
<div style="margin: 10pt 0pt 0pt; page-break-after: avoid;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" id="Bbb_6FYONAXCB400000000000000000000" class="customBookmark"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">PART </span><span style="font-weight: bold;">III </span></span></a></div>
<table style="width: 100%; margin-left: 0.1px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td style="padding: 10px 0px 0px; width: 10%;"><span style="font-size: 10pt;"><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -73.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-weight: bold;">ITEM</span><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -73.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-weight: bold;">&#160;</span><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -73.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-weight: bold;">17.</span></span></td>
<td style="padding: 10px 0px 0px; width: 90%;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" id="Ba2_521BBRWRA800000000000000000000" class="customBookmark"><span style="font-weight: bold; font-size: 10pt; text-indent: -55.1pt;"><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -73.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-weight: bold;">FINA</span><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -73.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-weight: bold;">NCIAL</span><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -73.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-weight: bold;">&#160;</span><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -73.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-weight: bold;">STATEMENTS</span></span></a><br/></td>
</tr>
</tbody>
</table>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">We have responded to Item&#160;18 in lieu of responding to this Item. </span></p>
<table style="width: 100%; margin-left: 0.1px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td style="padding: 10px 0px 0px; width: 10%;"><span style="font-size: 10pt;"><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -73.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-weight: bold;">ITEM</span><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -73.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-weight: bold;">&#160;</span><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -73.4667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-weight: bold;">18.</span></span></td>
<td style="padding: 10px 0px 0px; width: 90%;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" id="BA3_W596078KA800000000000000000000" class="customBookmark"><span style="font-size: 10pt;"><span style="text-indent: -55.1pt; font-weight: bold;">FINANCIAL&#160;STATEMENTS.</span><span style="text-indent: -55.1pt; font-weight: bold;">&#160; &#160;&#160;</span></span></a><br/></td>
</tr>
</tbody>
</table>
<p style="margin: 12pt 0pt 0pt; text-indent: 24.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">We file the following consolidated financial statements together with the reports of independent registered public accountants&#8217; firms, as part of this annual report: </span></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 126px;" width="100%">
<tbody>
<tr style="height: 18px;">
<td style="background-color: #cff0fc; vertical-align: top; width: 95%; height: 18px;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Report of Independent Registered Public Accounting Firm</span></p>
</td>
<td style="background-color: #cff0fc; padding-left: 7.2pt; vertical-align: bottom; width: 5%; height: 18px;">
<p style="margin: 0pt 0pt 1pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">F-3</span></p>
</td>
</tr>
<tr style="height: 18px;">
<td style="vertical-align: top; height: 18px;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Consolidated statements of financial position as of December&#160;31, 2021 and 2020</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt 0pt 1pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">F-4</span></p>
</td>
</tr>
<tr style="height: 18px;">
<td style="background-color: #cff0fc; vertical-align: top; height: 18px;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Consolidated statements of profit or loss for the years ended December&#160;31, 2021, 2020 and 2019</span></p>
</td>
<td style="background-color: #cff0fc; padding-left: 7.2pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt 0pt 1pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">F-6</span></p>
</td>
</tr>
<tr style="height: 18px;">
<td style="vertical-align: top; height: 18px;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Consolidated statements of comprehensive income for the years ended December&#160;31, 2021, 2020 and 2019</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt 0pt 1pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">F-7</span></p>
</td>
</tr>
<tr style="height: 18px;">
<td style="background-color: #cff0fc; vertical-align: top; height: 18px;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Consolidated statements of changes in equity for the years ended December&#160;31, 2021, 2020 and 2019</span></p>
</td>
<td style="background-color: #cff0fc; padding-left: 7.2pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt 0pt 1pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">F-8</span></p>
</td>
</tr>
<tr style="height: 18px;">
<td style="vertical-align: top; height: 18px;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Consolidated statements of cash flows&#8212;Indirect method for the years ended December&#160;31, 2021, 2020 and 2019</span></p>
</td>
<td style="padding-left: 7.2pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt 0pt 1pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">F-11</span></p>
</td>
</tr>
<tr style="height: 18px;">
<td style="background-color: #cff0fc; vertical-align: top; height: 18px;">
<p style="margin: 0pt 0pt 0pt 12pt; text-indent: -12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Notes to the consolidated financial statements</span></p>
</td>
<td style="background-color: #cff0fc; padding-left: 7.2pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt 0pt 1pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">F-13</span></p>
</td>
</tr>
</tbody>
</table>
<div>
<p><br/></p>
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<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">179</span></td>
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</tbody>
</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
</div>
</div><div style="font-family: 'times new roman', times; font-size: 10pt;"><br/></div>
<div id="Normadiv1011" style="font-family: 'times new roman', times; font-size: 10pt;">
<div style="margin: 0pt 0pt 0pt 61.2pt; page-break-after: avoid; text-indent: -55.1pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">ITEM 19.</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&#160;&#160;&#160;</span><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" id="BEX_BKZ7C3JROG00000000000000000000" class="customBookmark"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">EXHIBITS&#160;</span></a></div>
<p style="margin: 6pt 0pt 0pt; page-break-after: avoid; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">We are filing the following documents as part of this Annual Report Form 20-F:&#160;&#160;</span></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 12pt;">&#160;</span></p>
<table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; height: 551px; width: 100%; text-indent: 0px;" width="100%">
<tbody>
<tr style="background-color: #cceeff; height: 25px;">
<td style="padding: 0px; width: 50.05pt; background-color: #cceeff; height: 25px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">1.1</span></p>
</td>
<td style="width: 480.6pt; background-color: #cceeff; height: 25px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="font-size: 10pt; margin: 0px; font-family: 'Times New Roman';"><a href="http://www.sec.gov/Archives/edgar/data/0001094972/000155485522000208/MainDocument.htm"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Bylaws of Ultrapar, dated as of April 13, 2022 (incorporated by reference to Form 6-K furnished by Ultrapar Participa&#231;&#245;es S.A. filed on April 13, 2022).</span></a></p>
</td>
</tr>
<tr style="height: 25px;">
<td style="padding: 0px; width: 50.05pt; height: 25px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">2.1</span></p>
</td>
<td style="width: 480.6pt; height: 25px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="font-size: 10pt; margin: 0px; font-family: 'Times New Roman';"><a href="http://www.sec.gov/Archives/edgar/data/1094972/000119312507131726/dex21.htm"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Shareholders&#8217; Agreement dated March 22, 2000 (incorporated by reference to Exhibit 2.1 to Form 20-F of Ultrapar Participa&#231;&#245;es S.A. filed on June 7, 2007).</span></a></p>
</td>
</tr>
<tr style="background-color: #cceeff; height: 25px;">
<td style="padding: 0px; width: 50.05pt; background-color: #cceeff; height: 25px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">2.2</span></p>
</td>
<td style="width: 480.6pt; background-color: #cceeff; height: 25px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="font-size: 10pt; margin: 0px; font-family: 'Times New Roman';"><a href="http://www.sec.gov/Archives/edgar/data/1094972/000119312506102073/dex23.htm"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Amendment dated as of March 31, 2006 to the Indenture dated as of December 20, 2005 (incorporated by reference to Exhibit 2.3 to Form 20-F of Ultrapar Participa&#231;&#245;es S.A. filed on May 5, 2006).</span></a></p>
</td>
</tr>
<tr style="height: 36px;">
<td style="padding: 0px; width: 50.05pt; height: 36px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">2.3</span></p>
</td>
<td style="width: 480.6pt; height: 36px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="font-size: 10pt; margin: 0px; font-family: 'Times New Roman';"><a href="http://www.sec.gov/Archives/edgar/data/1094972/000119312507131726/dex27.htm"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ipiranga Group Shareholders&#8217; Agreement entered into by and among Ultrapar, Petrobras and Braskem, dated April 18, 2007 &#8212; English Translation (incorporated by reference to Exhibit 2.7 to Form 20-F of Ultrapar Participa&#231;&#245;es S.A. filed on June 7, 2007).</span></a></p>
</td>
</tr>
<tr style="background-color: #cceeff; height: 10px;">
<td style="padding: 0px; width: 50.05pt; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">2.4</span></p>
</td>
<td style="width: 480.6pt; background-color: #cceeff; height: 10px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="font-size: 10pt; margin: 0px; font-family: 'Times New Roman';"><a href="http://www.sec.gov/Archives/edgar/data/1094972/000119312507131726/dex28.htm"><span style="font-family: 'Times New Roman'; font-size: 10pt;">RPR Shareholders Agreement entered into by and among Ultrapar, Petrobras and Braskem, dated April 18, 2007 &#8212; English Translation (incorporated by reference to Exhibit 2.8 to Form 20-F of Ultrapar Participa&#231;&#245;es S.A. filed on June 7, 2007).</span></a></p>
</td>
</tr>
<tr style="height: 25px;">
<td style="padding: 0px; width: 50.05pt; height: 25px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">2.5</span></p>
</td>
<td style="width: 480.6pt; height: 25px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="font-size: 10pt; margin: 0px; font-family: 'Times New Roman';"><a href="http://www.sec.gov/Archives/edgar/data/1094972/000119312518110362/d548191dex29.htm"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Rules of the Novo Mercado&#8212;English translation (incorporated by reference to Exhibit 2.9 to Form 20-F of Ultrapar Participa&#231;&#245;es S.A. filed on April 6, 2018).</span></a></p>
</td>
</tr>
<tr style="background-color: #cceeff; height: 25px;">
<td style="padding: 0px; width: 50.05pt; background-color: #cceeff; height: 25px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">2.</span><span style="font-family: 'Times New Roman';">6</span></span></p>
</td>
<td style="width: 480.6pt; background-color: #cceeff; height: 25px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="font-size: 11pt; line-height: 108%; margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><a href="http://www.sec.gov/Archives/edgar/data/1094972/000119312518149154/d580235d6k.htm#toc580235_2"><span style="color: #0000ff; font-family: 'Times New Roman'; text-decoration: underline;">Shareholders&#8217; Agreement dated May 2, 2018 (incorporated by reference to the report on Form 6-K furnished by Ultrapar Participa&#231;&#245;es S.A. filed on May 2, 2018).</span></a></span></p>
</td>
</tr>
<tr style="height: 42px;">
<td style="padding: 0px; width: 50.05pt; height: 42px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">2.</span><span style="font-family: 'Times New Roman';">7</span></span></p>
</td>
<td style="width: 480.6pt; height: 42px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="font-size: 10pt; margin: 0px; font-family: 'Times New Roman';"><a href="http://www.sec.gov/Archives/edgar/data/1094972/000129281418000458/ugp20180219_6k.htm"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ultrapar Participa&#231;&#245;es S.A. 6th Public Offering Indenture of Simple, Non-Convertible into Shares, Single-Series, Unsecured Debentures, for Public Distribution with Restricted Placement Efforts between Ultrapar Participa&#231;&#245;es S.A. and Pent&#225;gono S.A. DTVM, dated February 22, 2018 (incorporated by reference to Form 6-K of Ultrapar Participa&#231;&#245;es S.A. filed on February 22, 2018).</span></a></p>
</td>
</tr>
<tr style="background-color: #cceeff; height: 52px;">
<td style="padding: 0px; width: 50.05pt; background-color: #cceeff; height: 52px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">2.</span><span style="font-family: 'Times New Roman';">8</span></span></p>
</td>
<td style="width: 480.6pt; background-color: #cceeff; height: 52px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="font-size: 11pt; line-height: 108%; margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><a href="http://www.sec.gov/Archives/edgar/data/1094972/000119312519113656/d661418dex29.htm"><span style="font-size: 10pt;"><span style="color: #0000ff; font-family: 'Times New Roman'; text-decoration: underline;">Indenture, dated as of October 6, 2016 among Ultrapar International S.A., as Issuer, Ultrapar Participa&#231;&#245;es S.A. and Ipiranga Produtos de Petr&#243;leo, as guarantors, The Bank of New York Mellon, as Trustee, Transfer Agent and Registrar, The Bank of New York Mellon, as Principal Paying Agent and The Bank of New York Mellon (Luxembourg) S.A., as Luxembourg Paying Agent and Luxembourg Transfer Agent (incorporated by reference to Exhibit 2.9 to Form 20-F of Ultrapar Participa&#231;&#245;es S.A. filed on April 23, 2019).</span></span></a></p>
</td>
</tr>
<tr style="height: 48px;">
<td style="padding: 0px; width: 50.05pt; height: 48px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">2.</span><span style="font-family: 'Times New Roman';">9</span></span></p>
</td>
<td style="width: 480.6pt; height: 48px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><a href="http://www.sec.gov/Archives/edgar/data/0001094972/000119312520132504/d877759dex210.htm"><span style="color: #0000ff; font-family: 'Times New Roman'; font-size: 10pt; text-decoration: underline;">Indenture, dated as of June 6, 2019 among Ultrapar International S.A., as Issuer, Ultrapar Participa&#231;&#245;es S.A. and Ipiranga Produtos de Petr&#243;leo, as guarantors, The Bank of New York Mellon, as Trustee, Transfer Agent and Registrar, The Bank of New York Mellon, as Principal Paying Agent and The Bank of New York Mellon (Luxembourg) S.A., as Luxembourg Paying Agent and Luxembourg Transfer Agent (incorporated by reference to Exhibit 2.10 to Form 20-F of Ultrapar Participa&#231;&#245;es S.A. filed on May 4, 2020).</span></a></p>
</td>
</tr>
<tr style="background-color: #cceeff; height: 34px;">
<td style="padding: 0px; width: 50.05pt; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">2.</span><span style="font-family: 'Times New Roman';">10</span></span></p>
</td>
<td style="width: 480.6pt; background-color: #cceeff; height: 34px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><a href="http://www.sec.gov/Archives/edgar/data/1094972/000101915518000043/ultrapardepnrec.htm"><span style="color: #0000ff; font-family: 'Times New Roman'; font-size: 10pt; text-decoration: underline;">Amended and Restated Deposit Agreement dated as of March 2, 2018, among Ultrapar Participa&#231;&#245;es S.A., the Bank of New York Mellon as Depositary, and all Owners and Beneficial Owners from time to time of American Depositary Shares issued thereunder (incorporated by reference to Exhibit 1 to Form F-6/A of Ultrapar Participa&#231;&#245;es S.A. filed on February 23, 2018).</span></a></p>
</td>
</tr>
<tr style="height: 25px;">
<td style="padding: 0px; width: 50.05pt; height: 25px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">2.</span><span style="font-family: 'Times New Roman';">11</span></span></p>
</td>
<td style="width: 480.6pt; height: 25px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><a href="ex211_1.htm" class="LinkedExhibit" style="-sec-extract: exhibit;"><span style="color: #0000ff; font-family: 'Times New Roman'; font-size: 10pt; text-decoration: underline;">Description of Securities Registered under Section 12 of the Exchange Act.</span></a></p>
</td>
</tr>
<tr style="background-color: #cceeff; height: 25px;">
<td style="padding: 0px; width: 50.05pt; background-color: #cceeff; height: 25px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">2.</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';">2</span></span></p>
</td>
<td style="width: 480.6pt; background-color: #cceeff; height: 25px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="font-size: 10pt; margin: 0px; font-family: 'Times New Roman';"><a href="http://www.sec.gov/Archives/edgar/data/0001094972/000155485521000595/MainDocument.htm#B111_0L81TJZEZ400000000000000000000"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Shareholders&#8217; Agreement dated August 18, 2020 (incorporated by reference to the report on Form 6-K furnished by Ultrapar Participa&#231;&#245;es S.A. filed on August 24, 2020).</span></a></p>
</td>
</tr>
<tr style="height: 51px;">
<td style="padding: 0px; width: 50.05pt; height: 51px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">2.</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';">3</span></span></p>
</td>
<td style="width: 480.6pt; height: 51px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><a href="http://www.sec.gov/Archives/edgar/data/1094972/000155485521000163/ex214_2.htm"><span style="color: #0000ff; font-family: 'Times New Roman'; font-size: 10pt; text-decoration: underline;">First Supplemental Indenture, dated as of July 20, 2020, among Ultrapar International S.A., as Issuer, Ultrapar Participa&#231;&#245;es S.A. and Ipiranga Produtos de Petr&#243;leo, as guarantors, The Bank of New York Mellon, as Trustee, Transfer Agent and Registrar, The Bank of New York Mellon, as Principal Paying Agent and The Bank of New York Mellon (Luxembourg) S.A., as Luxembourg Paying Agent and Luxembourg Transfer Agent. (incorporated by reference to Exhibit 2.14 to Form 20-F of Ultrapar Participa&#231;&#245;es S.A. filed on April 29, 2021).</span></a></p>
</td>
</tr>
<tr style="background-color: #cceeff; height: 25px;">
<td style="padding: 0px; width: 50.05pt; background-color: #cceeff; height: 25px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">4.</span><span style="font-family: 'Times New Roman';">1</span></span></p>
</td>
<td style="width: 480.6pt; background-color: #cceeff; height: 25px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="font-size: 10pt; margin: 0px; font-family: 'Times New Roman';"><a href="http://www.sec.gov/Archives/edgar/data/1094972/000119312505056796/dex104.htm"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Form of agreement between Ultragaz and independent dealers (incorporated by reference to Exhibit 10.4 to Form F-1 of Ultrapar Participa&#231;&#245;es S.A. filed on February 2, 2005, as amended).</span></a></p>
</td>
</tr>
<tr style="height: 26px;">
<td style="padding: 0px; width: 50.05pt; height: 26px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">4.</span><span style="font-family: 'Times New Roman';">2</span></span></p>
</td>
<td style="width: 480.6pt; height: 26px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="font-size: 11pt; line-height: 108%; margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><a href="http://www.sec.gov/Archives/edgar/data/1094972/000119312505056796/dex105.htm"><span style="color: #0000ff; font-family: 'Times New Roman'; text-decoration: underline;">Take or pay agreement between Tequimar and CODEBA (incorporated by reference to Exhibit 10.5 to Form F-1 of Ultrapar Participa&#231;&#245;es S.A. filed on February 2, 2005, as amended).</span></a></span></p>
</td>
</tr>
<tr style="background-color: #cceeff; height: 52px;">
<td style="padding: 0px; width: 50.05pt; background-color: #cceeff; height: 52px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">4.3</span></p>
</td>
<td style="width: 480.6pt; background-color: #cceeff; height: 52px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="font-size: 10pt; margin: 0px; font-family: 'Times New Roman';"><a href="http://www.sec.gov/Archives/edgar/data/1094972/000119312510151051/dex412.htm"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Revolving Line of Credit Agreement among Banco Nacional de Desenvolvimento Econ&#244;mico e Social (BNDES), Companhia Brasileira de Petr&#243;leo Ipiranga, Companhia Ultragaz S/A, Oleoqu&#237;mica Ind&#250;stria e Com&#233;rcio de Produtos Qu&#237;micos Ltda, Oxiteno Nordeste S/A Ind&#250;stria e Com&#233;rcio, Tequimar&#8212;Terminal Qu&#237;mico de Aratu S/A, Tropical Transportes Ipiranga Ltda. and Ultrapar Participa&#231;&#245;es S.A., dated December 16, 2008&#8212;English Summary (incorporated by reference to Exhibit 4.12 to Form 20-F of Ultrapar Participa&#231;&#245;es S.A. filed on June 30, 2010).</span></a></p>
</td>
</tr>
</tbody>
</table>
<div>
<p><br/></p>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">180</span></td>
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</tbody>
</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<br/>
<table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; height: 425px; width: 100%; text-indent: 0px;" width="100%">
<tbody>
<tr style="height: 36px; background-color: #cceeff;">
<td style="padding: 0px; width: 50.05pt; height: 36px; margin: 0px; text-indent: 0px; vertical-align: top; background-color: #cceeff;" valign="top">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">4.</span><span style="font-family: 'Times New Roman';">4</span></span></p>
</td>
<td style="width: 480.6pt; height: 36px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top; background-color: #cceeff;" valign="top">
<p style="font-size: 10pt; margin: 0px; font-family: 'Times New Roman';"><a href="http://www.sec.gov/Archives/edgar/data/1094972/000119312510151051/dex414.htm"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Line of Credit Agreements between Banco do Brasil S.A. and Ipiranga Produtos de Petr&#243;leo S.A., each dated June 16, 2010&#8212;English Summary (incorporated by reference to Exhibit 4.14 to Form 20-F of Ultrapar Participa&#231;&#245;es S.A. filed on June 30, 2010).</span></a></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="padding: 0px; width: 50.05pt; height: 10px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">4.</span><span style="font-family: 'Times New Roman';">5</span></span></p>
</td>
<td style="width: 480.6pt; height: 10px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="font-size: 10pt; margin: 0px; font-family: 'Times New Roman';"><a href="http://www.sec.gov/Archives/edgar/data/1094972/000119312513186539/d526764dex416.htm"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Amendment to the line of Credit Agreements between Banco do Brasil S.A. and Ipiranga Produtos de Petr&#243;leo S.A., each dated February 7, 2013&#8212;English Summary (incorporated by reference to Exhibit 4.16 to Form 20-F of Ultrapar Participa&#231;&#245;es S.A. filed on April 30, 2013).</span></a></p>
</td>
</tr>
<tr style="height: 36px; background-color: #cceeff;">
<td style="padding: 0px; width: 50.05pt; height: 36px; margin: 0px; text-indent: 0px; vertical-align: top; background-color: #cceeff;" valign="top">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">4.</span><span style="font-family: 'Times New Roman';">6</span></span></p>
</td>
<td style="width: 480.6pt; height: 36px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top; background-color: #cceeff;" valign="top">
<p style="font-size: 10pt; margin: 0px; font-family: 'Times New Roman';"><a href="http://www.sec.gov/Archives/edgar/data/1094972/000119312514170911/d713490dex417.htm"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Association and Other Covenants Agreement to effect the merger of shares (incorpora&#231;&#227;o de a&#231;&#245;es) of Extrafarma with Ultrapar, dated September 30, 2013 &#8212; English Summary (incorporated by reference to Exhibit 4.17 to Form 20-F of Ultrapar Participa&#231;&#245;es S.A. filed on April 30, 2014).</span></a></p>
</td>
</tr>
<tr style="height: 36px;">
<td style="padding: 0px; width: 50.05pt; height: 36px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">4.</span><span style="font-family: 'Times New Roman';">7</span></span></p>
</td>
<td style="width: 480.6pt; height: 36px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="font-size: 10pt; margin: 0px; font-family: 'Times New Roman';"><a href="http://www.sec.gov/Archives/edgar/data/1094972/000095010313007500/dp42698_6ka.htm"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Protocol and Justification of Incorpora&#231;&#227;o de A&#231;&#245;es (merger of shares) issued by Imifarma Produtos Farmac&#234;uticos e Cosm&#233;ticos S.A. by Ultrapar Participa&#231;&#245;es S.A., dated December 17, 2013 (incorporated by reference to the report on Form 6-K furnished by Ultrapar Participa&#231;&#245;es S.A. filed on December 27, 2013, as amended).</span></a></p>
</td>
</tr>
<tr style="height: 36px; background-color: #cceeff;">
<td style="padding: 0px; width: 50.05pt; height: 36px; margin: 0px; text-indent: 0px; vertical-align: top; background-color: #cceeff;" valign="top">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">4.8</span></p>
</td>
<td style="width: 480.6pt; height: 36px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top; background-color: #cceeff;" valign="top">
<p style="font-size: 11pt; line-height: 108%; margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><a href="ex48_2.htm" class="LinkedExhibit" style="-sec-extract: exhibit;"><span style="color: #0000ff; font-family: 'Times New Roman'; font-size: 10pt; text-decoration: underline;">English language summary of the Share Purchase Agreement entered into by and between Ipiranga Produtos de Petr&#243;leo S.A. and Empreendimento Pague Menos S.A., and, as consenting intervening parties, Imifarma Produtos Farmac&#234;uticos e Cosm&#233;ticos S.A. and Ultrapar Participa&#231;&#245;es S.A., dated May 18, 2021.</span></a></p>
</td>
</tr>
<tr style="height: 57px;">
<td style="padding: 0px; width: 50.05pt; height: 57px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">4.9</span></p>
</td>
<td style="width: 480.6pt; height: 57px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><a href="ex49_3.htm" class="LinkedExhibit" style="-sec-extract: exhibit;"><span style="color: #0000ff; font-family: 'Times New Roman'; font-size: 10pt; text-decoration: underline;">Share Purchase Agreement entered into by and between Ultrapar Participa&#231;&#245;es S.A., Tereft&#225;licos Ind&#250;stria e Participa&#231;&#245;es Ltda. and Indorama Ventures Spain Sociedad Limitada, and, as consenting interveners, Oxiteno S.A. &#8211; Ind&#250;stria e Com&#233;rcio, Oxiteno USA, LLC, Oxiteno Mexico S.A., de C.V. and Oxtiteno Uruguay S.A., and, as consenting interveners and guarantors, Indorama Ventures Public Company Limited and Indorama Ventures Pol&#237;meros S.A., dated August 15, 2021.</span></a></p>
</td>
</tr>
<tr style="height: 25px; background-color: #cceeff;">
<td style="padding: 0px; width: 50.05pt; height: 25px; margin: 0px; text-indent: 0px; vertical-align: top; background-color: #cceeff;" valign="top">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">8.1</span></p>
</td>
<td style="width: 480.6pt; height: 25px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top; background-color: #cceeff;" valign="top">
<p style="font-size: 11pt; line-height: 108%; margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><a href="#note_3"><span style="color: #0000ff; font-family: 'Times New Roman'; text-decoration: underline;">List of subsidiaries of Ultrapar (incorporated by reference to </span><span style="color: #0000ff; font-family: 'Times New Roman'; text-decoration: underline;">N</span><span style="color: #0000ff; font-family: 'Times New Roman'; text-decoration: underline;">ote </span><span style="color: #0000ff; font-family: 'Times New Roman'; text-decoration: underline;">4 </span><span style="color: #0000ff; font-family: 'Times New Roman'; text-decoration: underline;">to our consolidated financial statements included in this annual report).</span></a></span></p>
</td>
</tr>
<tr style="height: 25px;">
<td style="padding: 0px; width: 50.05pt; height: 25px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">11.1</span></p>
</td>
<td style="width: 480.6pt; height: 25px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="font-size: 10pt; margin: 0px; font-family: 'Times New Roman';"><a href="http://www.sec.gov/Archives/edgar/data/0001094972/000155485522000143/MainDocument.htm#Ba2_7TMLPJPL0000000000000000000000"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Code of Ethics, amended on March 1, 2018 (incorporated by reference to the report on Form 6-K furnished by Ultrapar Participa&#231;&#245;es S.A. filed on March1, 2018).</span></a></p>
</td>
</tr>
<tr style="height: 25px; background-color: #cceeff;">
<td style="padding: 0px; width: 50.05pt; height: 25px; margin: 0px; text-indent: 0px; vertical-align: top; background-color: #cceeff;" valign="top">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">12.1</span></p>
</td>
<td style="width: 480.6pt; height: 25px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top; background-color: #cceeff;" valign="top">
<p style="font-size: 10pt; margin: 0px; font-family: 'Times New Roman';"><a href="ex121_4.htm" class="LinkedExhibit" style="-sec-extract: exhibit;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Certification of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.</span></a></p>
</td>
</tr>
<tr style="height: 25px;">
<td style="padding: 0px; width: 50.05pt; height: 25px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">12.2</span></p>
</td>
<td style="width: 480.6pt; height: 25px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="font-size: 11pt; line-height: 108%; margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><a href="ex122_5.htm" class="LinkedExhibit" style="-sec-extract: exhibit;"><span style="font-size: 10pt;"><span style="color: #0000ff; font-family: 'Times New Roman'; text-decoration: underline;">Certification of Chief Financial Officer pursuant to Section&#160;</span></span><span style="font-size: 10pt;"><span style="color: #0000ff; font-family: 'Times New Roman'; text-decoration: underline;">302 of the Sarbanes-Oxley Act of 2002.</span></span></a></p>
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<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">13</span></p>
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<td style="width: 480.6pt; height: 25px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top; background-color: #cceeff;" valign="top">
<p style="font-size: 11pt; line-height: 108%; margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><a href="ex13_6.htm" class="LinkedExhibit" style="-sec-extract: exhibit;"><span style="font-size: 10pt;"><span style="color: #0000ff; font-family: 'Times New Roman'; text-decoration: underline;">Certification of Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C. Section</span></span><span style="font-size: 10pt;"><span style="color: #0000ff; font-family: 'Times New Roman'; text-decoration: underline;">1350, as adopted pursuant to Section</span><span style="color: #0000ff; font-family: 'Times New Roman'; text-decoration: underline;">906 of the Sarbanes-Oxley Act of 2002.</span></span></a></p>
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<td style="padding: 0px; width: 50.05pt; margin: 0px; text-indent: 0px; text-align: center; height: 22px; vertical-align: top;" valign="top"><span style="font-family: 'times new roman', times;">15</span></td>
<td style="width: 480.6pt; padding: 0px; margin: 0px; text-indent: 0px; height: 22px; vertical-align: top;" valign="top"><a href="ex15_7.htm" class="LinkedExhibit" style="-sec-extract: exhibit;">Letter from KPMG Auditores&#160;Independentes&#160;Ltda&#160;to the SEC, dated May 10, 2022 regarding the change in independent registered public accounting firm</a></td>
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<td style="padding: 0px; width: 50.05pt; height: 10px; margin: 0px; text-indent: 0px; vertical-align: top; background-color: #cceeff;" valign="top">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">101.INS</span></p>
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<td style="width: 480.6pt; height: 10px; padding: 0px 0px 5px; margin: 0px; text-indent: 0px; vertical-align: top; background-color: #cceeff;" valign="top">
<p style="font-size: 11pt; line-height: 108%; margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Inline XBRL Instance Document</span></p>
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<td style="padding: 0px; width: 50.05pt; height: 10px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">101.SCH</span></p>
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<td style="width: 480.6pt; height: 10px; padding: 0px 0px 5px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="color: #222222; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Inline XBRL Taxonomy Extension Schema Document</span></p>
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<td style="padding: 0px; width: 50.05pt; height: 10px; margin: 0px; text-indent: 0px; vertical-align: top; background-color: #cceeff;" valign="top">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">101.CAL</span></p>
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<td style="width: 480.6pt; height: 10px; padding: 0px 0px 5px; margin: 0px; text-indent: 0px; vertical-align: top; background-color: #cceeff;" valign="top">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="color: #222222; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Inline XBRL Taxonomy Extension Calculation Linkbase Document</span></p>
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<td style="padding: 0px; width: 50.05pt; height: 10px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">101.DEF</span></p>
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<td style="width: 480.6pt; height: 10px; padding: 0px 0px 5px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="color: #222222; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Inline XBRL Taxonomy Extension Definition Linkbase Document</span></p>
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<td style="padding: 0px; width: 50.05pt; margin: 0px; text-indent: 0px; vertical-align: top; height: 17px; text-align: center; background-color: #cceeff;">101.LAB</td>
<td style="width: 480.6pt; padding: 0px 0px 5px; margin: 0px; text-indent: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><span style="color: #222222; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Inline XBRL Taxonomy Extension Label Linkbase Document</span></td>
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<td style="padding: 0px; width: 50.05pt; height: 10px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">101.PRE</span></p>
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<td style="width: 480.6pt; height: 10px; padding: 0px 0px 5px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="color: #222222; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Inline XBRL Taxonomy Extension Presentation Linkbase Document</span></p>
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<p style="margin: 18pt 0pt 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">There are certain promissory notes and other instruments and agreements with respect to long-term debt of our Company omitted from the exhibits filed with or incorporated by reference into this annual report, none of which authorizes securities in a total amount that exceeds 10% of the total assets of our Company. See &#8220;Item</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">5.B. Operating and Financial Review and Prospect&#8212;Liquidity and Capital Resources&#8212;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Consolidated Debt</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">.&#8221;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> We hereby agree to furnish to the SEC copies of any such omitted promissory notes or other instruments or agreements as the Commission requests.&#160; &#160; &#160;</span></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">181</span></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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</div><div id="Normadiv1012" style="font-family: 'times new roman', times; font-size: 10pt;">
<p style="margin: 0pt; page-break-after: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">SIGNATURES </span></p>
<p style="margin: 6pt 0pt 0pt; text-indent: 24.5pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Pursuant to the requirements of Section</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">12 of the Securities Exchange Act of 1934, the registrant certifies that it meets all requirements for filing on Form 20-F and has duly caused this annual report to be signed on its behalf by the undersigned, thereunto duly authorized. </span></p>
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<p style="font-size: 10pt; line-height: 108%; margin: 0pt 0pt 8pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">ULTRAPAR PARTICIPA&#199;&#213;ES S.A.</span></p>
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<p style="margin: 0px; break-after: avoid; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">By:</span></p>
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<td style="height: 10px; border-bottom: 1px solid #000000; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 40%;" valign="bottom">
<p style="font-size: 8pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">/S/ </span><span style="font-family: 'Times New Roman';">MARCOS MARINHO LUTZ</span><span style="font-family: 'Times New Roman';"> </span></span></p>
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<p style="margin: 0px; break-after: avoid; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Name:</span></p>
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<td style="height: 10px; padding: 0px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">Marcos</span><span style="font-family: 'Times New Roman'; font-weight: bold;"> Marinho</span><span style="font-family: 'Times New Roman'; font-weight: bold;"> Lutz</span></span></p>
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<td style="height: 10px; padding: 0px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; break-after: avoid; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Title:</span></p>
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<td style="height: 10px; padding: 0px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Chief Executive Officer</span></p>
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<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'Times New Roman'; font-size: 18pt;">&#160;</span></p>
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<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Date: </span><span style="font-family: 'Times New Roman';">May</span><span style="font-family: 'Times New Roman';">&#160;10</span><span style="font-family: 'Times New Roman';">, 202</span><span style="font-family: 'Times New Roman';">2</span></span></p>
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<p style="margin: 0px; break-after: avoid; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">By:</span></p>
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<td style="border-bottom: 1px solid #000000; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">/</span><span style="font-family: 'Times New Roman';">S</span><span style="font-family: 'Times New Roman';">/ R</span><span style="font-family: 'Times New Roman';">ODRIGO DE</span><span style="font-family: 'Times New Roman';"> A</span><span style="font-family: 'Times New Roman';">LMEIDA</span><span style="font-family: 'Times New Roman';"> P</span><span style="font-family: 'Times New Roman';">IZZINATTO</span></span></p>
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<p style="margin: 0px; break-after: avoid; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Name:</span></p>
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<p style="font-size: 8pt; line-height: 108%; margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Rodrigo de Almeida Pizzinatto</span></p>
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<p style="margin: 0px; break-after: avoid; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Title:</span></p>
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<td style="padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; height: 17px; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 108%; margin: 0px; text-align: center; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Chief Financial and Investor Relations Officer</span></p>
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<p style="font-size: 11pt; line-height: 108%; margin: 0pt 0pt 8pt;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">182</span></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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</div><div id="Normadiv101" style="font-family: 'times new roman', times; font-size: 10pt;">
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<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt; font-style: italic;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 11pt; font-style: italic;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 22pt; font-weight: bold;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 22pt; font-weight: bold;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 22pt; font-weight: bold;">Ultrapar Participa&#231;&#245;es S.A</span><span style="font-family: 'Times New Roman'; font-size: 22pt; font-weight: bold;">.</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 18pt;">&#160;</span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 18pt; font-style: italic;">Consolidated</span></p>
<div style="margin: 2pt 0pt 0pt; text-align: center;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" id="BFS_X24D1O8E3400000000000000000000" class="customBookmark"><span style="font-family: 'Times New Roman'; font-size: 18pt; font-style: italic;">Financial </span><span style="font-family: 'Times New Roman'; font-size: 18pt; font-style: italic;">Statements </span><span style="font-family: 'Times New Roman'; font-size: 18pt; font-style: italic;">as of and </span><span style="font-family: 'Times New Roman'; font-size: 18pt; font-style: italic;">for </span><span style="font-family: 'Times New Roman'; font-size: 18pt; font-style: italic;">the </span><span style="font-family: 'Times New Roman'; font-size: 18pt; font-style: italic;">Year</span></a></div>
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 18pt; font-style: italic;">Ended </span><span style="font-family: 'Times New Roman'; font-size: 18pt; font-style: italic;">December</span><span style="font-family: 'Times New Roman'; font-size: 18pt; font-style: italic;"> 3</span><span style="font-family: 'Times New Roman'; font-size: 18pt; font-style: italic;">1</span><span style="font-family: 'Times New Roman'; font-size: 18pt; font-style: italic;">, 202</span><span style="font-family: 'Times New Roman'; font-size: 18pt; font-style: italic;">1</span><span style="font-family: 'Times New Roman'; font-size: 18pt; font-style: italic;"> and</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 18pt; font-style: italic;">Report </span><span style="font-family: 'Times New Roman'; font-size: 18pt; font-style: italic;">of </span><span style="font-family: 'Times New Roman'; font-size: 18pt; font-style: italic;">Independent</span><span style="font-family: 'Times New Roman'; font-size: 18pt; font-style: italic;"> Registered Public Accounting Firm</span></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-1</span></td>
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</div><div id="Normadiv103" style="font-family: 'times new roman', times; font-size: 10pt;">
<table style="height: 51px; width: 100%; letter-spacing: normal; orphans: 2; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">
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<td style="width: 1241px; height: 17px;"><span style="color: #000000; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Ultrapar Participa&#231;&#245;es S.A. and</span><span style="color: #000000; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"><span>&#160;</span></span><span style="color: #000000; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Subsidiaries</span></td>
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<td style="width: 1241px; height: 17px;"><span style="color: #000000; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Consolidated</span><span style="color: #000000; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"><span>&#160;</span></span><span style="color: #000000; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Financial Statements</span></td>
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<td style="width: 1241px; height: 17px;"><span style="color: #000000; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">As of</span><span style="color: #000000; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"><span>&#160;</span></span><span style="color: #000000; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Year</span><span style="color: #000000; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"><span>&#160;</span>Ended<span>&#160;</span></span><span style="color: #000000; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">December</span><span style="color: #000000; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"><span>&#160;</span></span><span style="color: #000000; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">31</span><span style="color: #000000; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">, 2021&#160; &#160;</span></td>
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<p style="vertical-align: middle; text-align: left;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Table of Contents</span></p>
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<td id="BM_Baop_K32SCNNRXC00000000000000000000" style="width: 312.109px; height: 17px;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><a href="#Baop_K32SCNNRXC00000000000000000000">Report of Independent Registered Public Accounting Firm PCAOB ID <span style="border-right: none; border-left: none;">1124</span></a></span></td>
<td class="bmpageno" id="BMP_Baop_K32SCNNRXC00000000000000000000" style="width: 78.125px; text-align: right; height: 17px;"><span style="font-size: 10pt; font-family: 'times new roman', times;">F-3</span></td>
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<td id="BM_BBbb_38PR252YY800000000000000000000" style="width: 312.109px; height: 17px;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><a href="#BBbb_38PR252YY800000000000000000000">Consolidated Statements of Financial Position</a></span></td>
<td class="bmpageno" id="BMP_BBbb_38PR252YY800000000000000000000" style="width: 78.125px; text-align: right; height: 17px;"><span style="font-size: 10pt; font-family: 'times new roman', times;">F-7</span></td>
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<td id="BM_BPL_PU4BYZF71S00000000000000000000" style="width: 312.109px; height: 17px;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><a href="#BPL_PU4BYZF71S00000000000000000000">Consolidated Statements of Profit or Loss </a></span></td>
<td class="bmpageno" id="BMP_BPL_PU4BYZF71S00000000000000000000" style="width: 78.125px; text-align: right; height: 17px;"><span style="font-size: 10pt; font-family: 'times new roman', times;">F-9</span></td>
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<td id="BM_Bci_144MFZHEY800000000000000000000" style="width: 312.109px; height: 17px;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><a href="#Bci_144MFZHEY800000000000000000000">Consolidated Statements of Comprehensive Income</a></span></td>
<td class="bmpageno" id="BMP_Bci_144MFZHEY800000000000000000000" style="width: 78.125px; text-align: right; height: 17px;"><span style="font-size: 10pt; font-family: 'times new roman', times;">F-10</span></td>
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<td id="BM_Bshe_IW24I8SG9C00000000000000000000" style="width: 312.109px; height: 17px;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><a href="#Bshe_IW24I8SG9C00000000000000000000">Consolidated Statements of Changes in Equity</a></span></td>
<td class="bmpageno" id="BMP_Bshe_IW24I8SG9C00000000000000000000" style="width: 78.125px; text-align: right; height: 17px;"><span style="font-size: 10pt; font-family: 'times new roman', times;">F-11</span></td>
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<td id="BM_BCF_C0HVFZJFKG00000000000000000000" style="width: 312.109px; height: 17px;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><a href="#BCF_C0HVFZJFKG00000000000000000000">Consolidated Statements of Cash Flows &#8211; Indirect Method</a></span></td>
<td class="bmpageno" id="BMP_BCF_C0HVFZJFKG00000000000000000000" style="width: 78.125px; text-align: right; height: 17px;"><span style="font-size: 10pt; font-family: 'times new roman', times;">F-14</span></td>
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<td id="BM_BNOTES_AOBAP42UDS00000000000000000000" style="width: 312.109px; height: 17px;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><a href="#BNOTES_AOBAP42UDS00000000000000000000">Notes to the Consolidated Financial Statements</a></span></td>
<td class="bmpageno" id="BMP_BNOTES_AOBAP42UDS00000000000000000000" style="width: 78.125px; text-align: right; height: 17px;"><span style="font-size: 10pt; font-family: 'times new roman', times;">F-16</span></td>
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<p style="line-height: 12pt; margin: 0px; break-inside: avoid; text-indent: 0px;"><br/></p>
</div><div id="Normadiv8" style="font-family: 'times new roman', times; font-size: 10pt; margin: 0px; text-indent: 0px;">
<div style="line-height: 12pt; margin: 0pt 0pt 20pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" id="Baop_K32SCNNRXC00000000000000000000" class="customBookmark"><span style="font-family: 'times new roman', times; font-size: 12pt; font-weight: bold;">Report of Independent Registered Public Accounting Firm</span></a></div>
<p style="line-height: 12pt; margin: 0pt 0pt 10pt; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">To the Shareholders and Board of Directors</span><br/><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultrapar Participa&#231;&#245;es S.A.:</span></p>
<p style="line-height: 12pt; margin: 0pt 0pt 5pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic;">Opinion on the </span><span style="font-style: italic;">Consolidated</span><span style="font-style: normal;"> </span><span style="font-style: italic;">Financial Statements</span></span></p>
<p style="line-height: 12pt; margin: 0pt 0pt 10pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">We have audited the accompanying consolidated statements of financial position of Ultrapar Participa&#231;&#245;es S.A. and&#160;subsidiaries (the Company) as of December&#160;31, 2021 and 2020, the related consolidated statements of profit or loss, comprehensive income, changes in equity, and cash flows for each of the years in the three&#8209;year period ended December&#160;31, 2021, and the related notes (collectively, the consolidated financial statements). In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the Company as of December&#160;31, 2021 and 2020, and the results of its operations and its cash flows for each of the years in the three&#8209;year period ended December&#160;31, 2021, in conformity with International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB).</span></p>
<p style="line-height: 12pt; margin: 0pt 0pt 10pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), the Company&#8217;s internal control over financial reporting as of December&#160;31, 2021, based on criteria established in <span style="font-style: italic;">Internal Control &#8211; Integrated Framework (2013)</span> issued by the Committee of Sponsoring Organizations of the Treadway Commission, and our report dated May 10, 2022 expressed an adverse opinion on the effectiveness of the Company&#8217;s internal control over financial reporting.&#160;</span></p>
<p style="line-height: 12pt; margin: 0pt 0pt 5pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Basis for Opinion</span></p>
<p style="line-height: 12pt; margin: 0pt 0pt 10pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">These consolidated financial statements are the responsibility of the Company&#8217;s management. Our responsibility is to express an opinion on these consolidated financial statements based on our audits. We are a public accounting firm registered with the PCAOB and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.</span></p>
<p style="line-height: 12pt; margin: 0pt 0pt 10pt; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the consolidated financial statements are free of material misstatement, whether due to error or fraud. Our audits included performing procedures to assess the risks of material misstatement of the consolidated financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the consolidated financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the consolidated financial statements. We believe that our audits provide a reasonable basis for our opinion.&#160;</span></p>
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<p style="line-height: 12pt; margin: 0pt 0pt 5pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Critical Audit Matter</span></p>
<p style="line-height: 12pt; margin: 0pt 0pt 5pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: normal;">The critical audit matter communicated below </span><span style="font-style: normal;">is a</span><span style="font-style: normal;"> </span><span style="font-style: normal;">matter arising from the current period audit of the </span><span style="font-style: normal;">consolidated</span><span style="font-style: normal;"> </span><span style="font-style: normal;">financial statements that </span><span style="font-style: normal;">was</span><span style="font-style: normal;"> </span><span style="font-style: normal;">communicated or required to be communicated to the audit committee and that: (1) relate</span><span style="font-style: normal;">s</span><span style="font-style: normal;"> to accounts or disclosures that are material to the </span><span style="font-style: normal;">consolidated</span><span style="font-style: normal;"> </span><span style="font-style: normal;">financial statements and (2) involved our especially challenging, subjective, or complex judgments. The communication of </span><span style="font-style: normal;">a </span><span style="font-style: normal;">critical audit matter does not alter in any way our opinion on the </span><span style="font-style: normal;">consolidated</span><span style="font-style: normal;"> </span><span style="font-style: normal;">financial statements, taken as a whole, and we are not, by communicating the critical audit matter below, providing </span><span style="font-style: normal;">a </span><span style="font-style: normal;">separate opinion on the critical audit matter or on the accounts or disclosures to which </span><span style="font-style: normal;">it</span><span style="font-style: normal;"> </span><span style="font-style: normal;">relate</span><span style="font-style: normal;">s</span><span style="font-style: normal;">.</span></span></p>
<p style="line-height: 12pt; margin: 0pt 0pt 5pt 18pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic;">Evaluation</span><span style="font-style: normal;"> </span><span style="font-style: italic;">of the</span><span style="font-style: normal;"> </span><span style="font-style: italic;">recoverability</span><span style="font-style: italic;"> of </span><span style="font-style: italic;">deferred tax assets</span></span></p>
<p style="line-height: 12pt; margin: 0pt 0pt 8pt 18pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: normal;">As discussed in note 2.</span><span style="font-style: normal;">n</span><span style="font-style: normal;"> and note </span><span style="font-style: normal;">10</span><span style="font-style: normal;">.a to the consolidated financial statements, the Company had R$ </span><span style="font-style: normal;">571,755</span><span style="font-style: normal;"> thousand of deferred tax assets as of December 31, 202</span><span style="font-style: normal;">1</span><span style="font-style: normal;"> of which R$</span><span style="font-style: normal;"> </span><span style="font-style: normal;">423,410</span><span style="font-style: normal;"> thousand was related to temporary differences and R$</span><span style="font-style: normal;"> 148,345</span><span style="font-style: normal;"> thousand was from carry-forward tax losses.</span><span style="font-style: normal;"> </span><span style="font-style: normal;">The Company prepares future taxable income projections from business plans of each segment of the Company to support the recognition of deferred tax assets. The projection of future taxable profits involves certain key assumptions that require the Company to make significant judgments, including those relating to growth in gross domestic product (GDP), exchange rate, basic interest rate (SELIC) and DI (local interbank offering rate), inflation rate, commodity price index, among others. Significant judgment was also required to determine the discount rate. The assumptions relating to future cash flows are based on the business plan and budget prepared by the Company and approved by the Board of Directors.</span></span></p>
<p style="line-height: 12pt; margin: 0pt 0pt 8pt 18pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: normal;">We identified the evaluation of the recoverability of deferred tax assets as a critical audit matter because the determination of the key assumptions and the likelihood of future taxable profits by the Company involved significant complexity, </span><span style="font-style: normal;">judgment</span><span style="font-style: normal;"> and uncertainty and, therefore, required subjective auditor judgment to assess. In addition, the Company&#8217;s evaluation of the recoverability of the deferred tax assets was sensitive to possible changes in the key assumptions and judgments.</span></span></p>
<p style="line-height: 12pt; margin: 0pt 0pt 8pt 18pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The following are the primary procedures we performed to address this critical audit matter. We evaluated the design and tested the operating effectiveness of certain internal controls over the Company&#8217;s process for projecting future taxable profits, including controls related to the development and approval of the underlying assumptions and the final projections of future taxable profits.To assess the Company&#8217;s ability to forecast, we compared the Company&#8217;s prior year projections of taxable profits for 2021 to actual taxable profits in 2021. Additionally, we analyzed the Company&#8217;s history of realizing its deferred tax assets within the periods previously projected. We performed a sensitivity analysis on the assumptions related to growth in GDP, exchange rate, interest rates, inflation, the commodity price index and the discount rate to assess their impact on the recoverability of the deferred tax assets.&#160;</span></p>
<p style="line-height: 12pt; margin: 0pt 0pt 8pt 18pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: normal;">We involved corporate finance professionals with specialized skills and knowledge, who assisted in evaluating the assumptions used by the Company in the projections of future taxable profits by comparing them to internal and external sou</span><span style="font-style: normal;">r</span><span style="font-style: normal;">ces</span><span style="font-style: normal;">, including</span><span style="font-style: normal;"> </span><span style="font-style: normal;">(i)</span><span style="font-style: normal;"> </span><span style="font-style: normal;">assessing the Company&#8217;s projected growth rate by comparing it for consistency with management&#8217;s documented strategy as well as internally-prepared budgets</span><span style="font-style: normal;">; and </span><span style="font-style: normal;">(ii)</span><span style="font-style: normal;"> </span><span style="font-style: normal;">evaluating the Company&#8217;s inflation projection by comparing it to market information.</span><span style="font-style: normal;"> We also involved tax professionals with specialized skills and knowledge, who assisted in </span><span style="font-style: normal;">evaluating&#160; the</span><span style="font-style: normal;"> determination of taxable profits.&#160;</span></span></p>
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<p style="line-height: 12pt; margin: 0pt 0pt 5pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: normal;">KPMG Auditores Independentes Ltda.</span><span style="font-style: italic;"> </span></span></p>
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<p style="line-height: 12pt; margin: 0pt 0pt 5pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: normal;">W</span><span style="font-style: normal;">e have </span><span style="font-style: normal;">served</span><span style="font-style: normal;"> as the Company</span><span style="font-style: normal;">&#8217;</span><span style="font-style: normal;">s auditor since </span><span style="font-style: normal;">2017.</span></span></p>
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<p style="line-height: 12pt; margin: 0pt 0pt 5pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;">S&#227;o Paulo, SP, Brazil </span><br/><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: normal;">May 10</span><span style="font-weight: normal;">, 2022</span></span></p>
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<p style="line-height: 12pt; margin: 0px; break-after: avoid; break-inside: avoid; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Report of Independent Registered Public Accounting Firm</span></p>
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<p style="margin: 0px; break-inside: avoid; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">To the Shareholders and Board of Directors</span></p>
<p style="margin: 0px; break-inside: avoid; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultrapar Participa&#231;&#245;es S.A.:</span></p>
<p style="line-height: 12pt; margin: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="line-height: 12pt; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt 0pt 6pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic;">Opinion on Internal Control Over Financial Reporting</span><span style="font-style: italic;"> </span></span></p>
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">We have audited Ultrapar Participa&#231;&#245;es S.A. and subsidiaries&#8217; (the Company) internal control over financial reporting as of December&#160;31, 2021, based on criteria established in <span style="font-style: italic;">Internal Control &#8211; Integrated Framework (2013)</span> issued by the Committee of Sponsoring Organizations of the Treadway Commission. In our opinion, because of the effect of the material weaknesses, described below, on the achievement of the objectives of the control criteria, the Company has not maintained effective internal control over financial reporting as of December&#160;31, 2021, based on criteria established in <span style="font-style: italic;">Internal Control &#8211;</span><span style="font-style: italic;"> </span><span style="font-style: italic;">Integrated Framework (2013)</span> issued by the Committee of Sponsoring Organizations of the Treadway Commission.</span></p>
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), the consolidated statements of financial position of the Company as of December&#160;31, 2021 and 2020, the related consolidated statements of profit or loss, comprehensive income, changes in equity, and cash flows for each of the years in the three-year period ended December 31, 2021, and the related notes (collectively, the consolidated financial statements), and our report dated May 10, 2022 expressed an unqualified opinion on those consolidated financial statements.</span></p>
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the company&#8217;s annual or interim financial statements will not be prevented or detected on a timely basis. The following material weaknesses have been identified and included in management&#8217;s assessment: </span></p>
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
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<li style="font-family: Symbol; font-size: 10pt; margin: 0pt 0pt 5pt 10.52pt; padding-left: 7.48pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The Company did not design effective management review controls over the calculation of the income tax provision, including (a) appropriate identification of (i) revenue and expenses to be included in the determination of taxable income and (ii) tax and book basis differences to be used in the determination of deferred taxes, and (b) accuracy of the amounts included in the determinations; and </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 0pt 0pt 0pt 10.52pt; padding-left: 7.48pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">At certain of its business units, the Company did not have resources that were sufficiently trained and experienced in the application of the requirements of <span style="font-style: italic;">Internal Control &#8211;</span><span style="font-style: italic;"> </span><span style="font-style: italic;">Integrated Framework (2013)</span> issued by the Committee of Sponsoring Organizations of the Treadway Commission to its financial reporting processes and related internal controls. As a result, the Company did not maintain effective controls over the completeness and accuracy of information used to support the functioning of its internal controls relating to the existence of inventories held at third-party facilities. </span></li>
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<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The material weaknesses were considered in determining the nature, timing, and extent of audit tests applied in our audit of the 2021 consolidated financial statements, and this report does not affect our report on those consolidated financial statements.</span></p>
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<p style="margin: 0pt 0pt 6pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic;">Basis for Opinion</span><span style="font-style: italic;"> </span></span></p>
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The Company&#8217;s management is responsible for maintaining effective internal control over financial reporting and for its assessment of the effectiveness of internal control over financial reporting, included in the accompanying <span style="font-style: italic;">Management&#8217;s Annual Report on Internal </span><span style="font-style: italic;">Control</span><span style="font-style: italic;"> over Financial Reporting</span><span style="font-style: italic;">.</span> Our responsibility is to express an opinion on the Company&#8217;s internal control over financial reporting based on our audit. We are a public accounting firm registered with the PCAOB and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.</span></p>
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">We conducted our audit in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether effective internal control over financial reporting was maintained in all material respects. Our audit of internal control over financial reporting included obtaining an understanding of internal control over financial reporting, assessing the risk that a material weakness exists, and testing and evaluating the design and operating effectiveness of internal control based on the assessed risk. Our audit also included performing such other procedures as we considered necessary in the circumstances. We believe that our audit provides a reasonable basis for our opinion.</span></p>
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<p style="margin: 0pt 0pt 6pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic;">Definition and Limitations of Internal Control Over Financial Reporting</span><span style="font-style: italic;"> </span></span></p>
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">A company&#8217;s internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A company&#8217;s internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the company&#8217;s assets that could have a material effect on the financial statements.</span></p>
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; page-break-after: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.&#160;</span></p>
<p style="margin: 0px; break-after: avoid; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><br/></span></p>
<p style="margin: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">KPMG Auditores Independentes Ltda.</span></p>
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;">S&#227;o Paulo, SP, Brazil</span><br/><span style="font-family: 'times new roman', times; font-size: 10pt;">May 10, 2022</span></p>
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Ultrapar Participa&#231;&#245;es S.A. and</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Subsidiaries</span></span></p>
<div style="margin: 2pt 0pt 0pt; text-align: justify;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" id="BBbb_38PR252YY800000000000000000000" class="customBookmark"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Consolidated </span><span style="font-family: 'Times New Roman';">Statements of Financial Position</span></span></a></div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">A</span><span style="font-family: 'Times New Roman'; font-weight: bold;">s of </span><span style="font-family: 'Times New Roman'; font-weight: bold;">December 31, </span><span>2021 and </span><span>2020</span></span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">(In thousands of Brazilian Reais)</span></p>
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<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
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<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
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<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Assets </span></p>
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<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Current assets </span></p>
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<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom;"><br/></td>
<td style="vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 65%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Cash and cash equivalents </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 8%;">
<p style="margin: 0pt; text-align: center;"><span> 5.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:CashAndCashEquivalents" unitRef="BRL" id="Tag401" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,280,074</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:CashAndCashEquivalents" unitRef="BRL" id="Tag447" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,661,494</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial investments and hedging instruments </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 5.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:CurrentInvestments" unitRef="BRL" id="Tag457" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,804,122</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:CurrentInvestments" unitRef="BRL" id="Tag456" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,033,258</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Trade receivables </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 6.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:CurrentTradeReceivables" unitRef="BRL" id="Tag464" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,375,246</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:CurrentTradeReceivables" unitRef="BRL" id="Tag438" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,318,927</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Reseller financing </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 6.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ugp:CurrentResellerFinancing" unitRef="BRL" id="Tag482" decimals="-3" scale="3" format="ixt:num-dot-decimal">582,562</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ugp:CurrentResellerFinancing" unitRef="BRL" id="Tag461" decimals="-3" scale="3" format="ixt:num-dot-decimal">549,129</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Inventories </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 7 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:Inventories" unitRef="BRL" id="Tag365" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,918,772</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:Inventories" unitRef="BRL" id="Tag428" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,846,196</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Recoverable taxes </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 8.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:CurrentReceivablesFromTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag6864" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,061,227</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:CurrentReceivablesFromTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag421" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,044,850</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Recoverable income and social contribution taxes </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 8.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:CurrentTaxAssetsCurrent" unitRef="BRL" id="Tag405" decimals="-3" scale="3" format="ixt:num-dot-decimal">291,833</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:CurrentTaxAssetsCurrent" unitRef="BRL" id="Tag388" decimals="-3" scale="3" format="ixt:num-dot-decimal">366,080</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-size: 10pt;"> Dividends receivable </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ugp:DividendsReceivableCurrent" unitRef="BRL" id="Tag417" decimals="-3" scale="3" format="ixt:num-dot-decimal">147</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ugp:DividendsReceivableCurrent" unitRef="BRL" id="Tag487" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,152</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Other receivables </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:TradeAndOtherCurrentReceivables" unitRef="BRL" id="Tag480" decimals="-3" scale="3" format="ixt:num-dot-decimal">56,205</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:TradeAndOtherCurrentReceivables" unitRef="BRL" id="Tag398" decimals="-3" scale="3" format="ixt:num-dot-decimal">56,955</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Prepaid expenses </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 11 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:CurrentPrepaidExpenses" unitRef="BRL" id="Tag449" decimals="-3" scale="3" format="ixt:num-dot-decimal">98,024</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:CurrentPrepaidExpenses" unitRef="BRL" id="Tag452" decimals="-3" scale="3" format="ixt:num-dot-decimal">132,122</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Contractual assets with customers &#8211; exclusive rights </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 12 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:CurrentContractAssets" unitRef="BRL" id="Tag469" decimals="-3" scale="3" format="ixt:num-dot-decimal">555,052</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:CurrentContractAssets" unitRef="BRL" id="Tag475" decimals="-3" scale="3" format="ixt:num-dot-decimal">478,908</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" unitRef="BRL" id="Tag389" decimals="-3" scale="3" format="ixt:num-dot-decimal">14,023,264</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" unitRef="BRL" id="Tag465" decimals="-3" scale="3" format="ixt:num-dot-decimal">17,489,071</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Assets held for sale </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 3.c.1 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" unitRef="BRL" id="Tag470" decimals="-3" scale="3" format="ixt:num-dot-decimal">11,000,917</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="I20201231" name="ifrs-full:NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" unitRef="BRL" id="Tag450" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 20pt; text-indent: 0.75pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total current assets </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:CurrentAssets" unitRef="BRL" id="Tag375" decimals="-3" scale="3" format="ixt:num-dot-decimal">25,024,181</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:CurrentAssets" unitRef="BRL" id="Tag463" decimals="-3" scale="3" format="ixt:num-dot-decimal">17,489,071</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Non-current assets </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial investments and hedging instruments </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 5.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:OtherNoncurrentFinancialAssets" unitRef="BRL" id="Tag483" decimals="-3" scale="3" format="ixt:num-dot-decimal">379,277</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:OtherNoncurrentFinancialAssets" unitRef="BRL" id="Tag6227" decimals="-3" scale="3" format="ixt:num-dot-decimal">977,408</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Trade receivables </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 6.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:NoncurrentTradeReceivables" unitRef="BRL" id="Tag400" decimals="-3" scale="3" format="ixt:num-dot-decimal">63,749</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:NoncurrentTradeReceivables" unitRef="BRL" id="Tag395" decimals="-3" scale="3" format="ixt:num-dot-decimal">72,195</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Reseller financing </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 6.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ugp:NonCurrentResellerFinancing" unitRef="BRL" id="Tag505" decimals="-3" scale="3" format="ixt:num-dot-decimal">415,472</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ugp:NonCurrentResellerFinancing" unitRef="BRL" id="Tag414" decimals="-3" scale="3" format="ixt:num-dot-decimal">419,255</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Related parties </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 9.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:TradeAndOtherReceivablesDueFromRelatedParties" unitRef="BRL" id="Tag371" decimals="-3" scale="3" format="ixt:num-dot-decimal">490</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:TradeAndOtherReceivablesDueFromRelatedParties" unitRef="BRL" id="Tag521" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,824</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Deferred income and social contribution taxes </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 10.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:DeferredTaxAssets" unitRef="BRL" id="Tag385" decimals="-3" scale="3" format="ixt:num-dot-decimal">571,755</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:DeferredTaxAssets" unitRef="BRL" id="Tag376" decimals="-3" scale="3" format="ixt:num-dot-decimal">974,711</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Recoverable taxes </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 8.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:NoncurrentReceivablesFromTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag416" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,046,798</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:NoncurrentReceivablesFromTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag2383" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,474,808</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Recoverable income and social contribution taxes </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 8.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:CurrentTaxAssetsNoncurrent" unitRef="BRL" id="Tag427" decimals="-3" scale="3" format="ixt:num-dot-decimal">155,358</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:CurrentTaxAssetsNoncurrent" unitRef="BRL" id="Tag522" decimals="-3" scale="3" format="ixt:num-dot-decimal">261,205</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Escrow deposits </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 23.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:LongtermDeposits" unitRef="BRL" id="Tag468" decimals="-3" scale="3" format="ixt:num-dot-decimal">871,261</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:LongtermDeposits" unitRef="BRL" id="Tag460" decimals="-3" scale="3" format="ixt:num-dot-decimal">949,796</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Indemnification asset &#8211; business combination </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 23.c </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ugp:IndemnificationAssetBusinessCombination" unitRef="BRL" id="Tag6231" decimals="-3" scale="3" format="ixt:num-dot-decimal">120,991</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ugp:IndemnificationAssetBusinessCombination" unitRef="BRL" id="Tag466" decimals="-3" scale="3" format="ixt:num-dot-decimal">204,439</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Other receivables </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:OtherNoncurrentReceivables" unitRef="BRL" id="Tag481" decimals="-3" scale="3" format="ixt:num-dot-decimal">29,748</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:OtherNoncurrentReceivables" unitRef="BRL" id="Tag424" decimals="-3" scale="3" format="ixt:num-dot-decimal">20,238</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Prepaid expenses </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 11 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:NoncurrentPrepayments" unitRef="BRL" id="Tag411" decimals="-3" scale="3" format="ixt:num-dot-decimal">71,368</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:NoncurrentPrepayments" unitRef="BRL" id="Tag369" decimals="-3" scale="3" format="ixt:num-dot-decimal">70,507</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Contractual assets with customers &#8211; exclusive rights </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 12 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:NoncurrentContractAssets" unitRef="BRL" id="Tag425" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,524,174</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:NoncurrentContractAssets" unitRef="BRL" id="Tag403" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,227,423</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Investments </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 20pt; text-indent: 0.75pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> In joint ventures </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 13.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:InvestmentsInJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag442" decimals="-3" scale="3" format="ixt:num-dot-decimal">71,389</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:InvestmentsInJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag519" decimals="-3" scale="3" format="ixt:num-dot-decimal">139,100</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 20pt; text-indent: 0.75pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> In associates </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 13.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:InvestmentsInAssociatesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag517" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,176</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:InvestmentsInAssociatesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag384" decimals="-3" scale="3" format="ixt:num-dot-decimal">25,588</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 20pt; text-indent: 0.75pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" unitRef="BRL" id="Tag451" decimals="-3" scale="3" format="ixt:num-dot-decimal">28</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" unitRef="BRL" id="Tag515" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,793</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ugp:NonCurrentInvestments" unitRef="BRL" id="Tag520" decimals="-3" scale="3" format="ixt:num-dot-decimal">78,593</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ugp:NonCurrentInvestments" unitRef="BRL" id="Tag396" decimals="-3" scale="3" format="ixt:num-dot-decimal">167,481</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Right-of-use assets </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 14 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag418" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,651,295</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag479" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,150,286</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Property, plant, and equipment </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 15 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag441" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,534,591</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag436" decimals="-3" scale="3" format="ixt:num-dot-decimal">8,005,860</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Intangible assets </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 16 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag6230" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,471,256</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag386" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,782,655</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 20pt; text-indent: 0.75pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total non-current assets </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:NoncurrentAssets" unitRef="BRL" id="Tag485" decimals="-3" scale="3" format="ixt:num-dot-decimal">13,986,176</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:NoncurrentAssets" unitRef="BRL" id="Tag429" decimals="-3" scale="3" format="ixt:num-dot-decimal">18,761,091</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt 0pt 0pt 30pt; text-indent: 1.15pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total assets </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:Assets" unitRef="BRL" id="Tag434" decimals="-3" scale="3" format="ixt:num-dot-decimal">39,010,357</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:Assets" unitRef="BRL" id="Tag458" decimals="-3" scale="3" format="ixt:num-dot-decimal">36,250,162</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The accompanying notes are an integral part of the </span><span style="font-family: 'Times New Roman';">consolidated </span><span style="font-family: 'Times New Roman';">financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 2pt 0pt 0pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">&#160;</span></span></p>
<div>
<div id="t_ft_CRD4VPG4XS00000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-7</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 9pt 0pt 0pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0pt; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ultrapar&#160;Participa&#231;&#245;es&#160;S.A. and Subsidiaries</span></p>
<p style="margin: 2pt 0pt 0pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Consolidated&#160;</span><span style="font-family: 'Times New Roman';">Statements of Financial Position</span></span></p>
<p style="margin: 2pt 0pt 0pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">A</span><span style="font-family: 'Times New Roman'; font-weight: bold;">s of</span><span style="font-family: 'Times New Roman'; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-weight: bold;">December 31,&#160;</span><span>2021 and&#160;</span><span>2020</span></span></p>
<p style="margin: 2pt 0pt 0pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">(In thousands of Brazilian&#160;Reais)</span></p>
<p style="margin: 0px; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_8NLWNQYVK000000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; border-style: none; height: 799px;">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 63.9411%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.93132%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Note </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 12.0196%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 0.89916%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 2.12618%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.7738%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.22703%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 63.9411%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Liabilities </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; width: 7.93132%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 12.0196%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 0.89916%; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; width: 2.12618%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 11.7738%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.22703%; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 63.9411%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Current liabilities </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 7.93132%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 12.0196%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 0.89916%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 2.12618%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 11.7738%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 1.22703%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 63.9411%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-size: 10pt;"> Loans,&#160;financing&#160;and hedge derivative financial instruments </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.93132%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 17 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0196%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ugp:LoansFinancingAndHedgingInstrumentsCurrent" unitRef="BRL" id="Tag412" decimals="-3" scale="3" format="ixt:num-dot-decimal">618,327</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.89916%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2.12618%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.7738%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ugp:LoansFinancingAndHedgingInstrumentsCurrent" unitRef="BRL" id="Tag422" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,306,036</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22703%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 63.9411%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Debentures </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.93132%;">
<p style="margin: 0pt; text-align: center;"><span> 17.f </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0196%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:CurrentNotesAndDebenturesIssuedAndCurrentPortionOfNoncurrentNotesAndDebenturesIssued" unitRef="BRL" id="Tag372" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,247,724</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.89916%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2.12618%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.7738%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:CurrentNotesAndDebenturesIssuedAndCurrentPortionOfNoncurrentNotesAndDebenturesIssued" unitRef="BRL" id="Tag514" decimals="-3" scale="3" format="ixt:num-dot-decimal">949,908</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22703%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 63.9411%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Trade payables </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.93132%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 18.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0196%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers" unitRef="BRL" id="Tag506" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,670,895</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.89916%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2.12618%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.7738%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers" unitRef="BRL" id="Tag472" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,745,019</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22703%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 63.9411%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Trade payables &#8211; reverse factoring </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.93132%;">
<p style="margin: 0pt; text-align: center;"><span> 18.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0196%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ugp:TradeCurrentPayablesReverseFactoring" unitRef="BRL" id="Tag387" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,119,059</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.89916%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2.12618%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.7738%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ugp:TradeCurrentPayablesReverseFactoring" unitRef="BRL" id="Tag380" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,295,633</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22703%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 63.9411%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Salaries and related charges </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.93132%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 19 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0196%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:ShorttermEmployeeBenefitsAccruals" unitRef="BRL" id="Tag426" decimals="-3" scale="3" format="ixt:num-dot-decimal">330,103</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.89916%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2.12618%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.7738%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:ShorttermEmployeeBenefitsAccruals" unitRef="BRL" id="Tag433" decimals="-3" scale="3" format="ixt:num-dot-decimal">468,630</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22703%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 63.9411%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Taxes payable </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.93132%;">
<p style="margin: 0pt; text-align: center;"><span> 20 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0196%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag478" decimals="-3" scale="3" format="ixt:num-dot-decimal">229,176</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.89916%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2.12618%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.7738%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag397" decimals="-3" scale="3" format="ixt:num-dot-decimal">286,014</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22703%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 63.9411%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Dividends payable </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.93132%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 26.h </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0196%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:CurrentDividendPayables" unitRef="BRL" id="Tag443" decimals="-3" scale="3" format="ixt:num-dot-decimal">202,860</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.89916%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2.12618%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.7738%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:CurrentDividendPayables" unitRef="BRL" id="Tag523" decimals="-3" scale="3" format="ixt:num-dot-decimal">442,133</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22703%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 63.9411%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Income and social contribution taxes payable </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.93132%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0196%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:CurrentTaxLiabilitiesCurrent" unitRef="BRL" id="Tag410" decimals="-3" scale="3" format="ixt:num-dot-decimal">196,348</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.89916%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2.12618%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.7738%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:CurrentTaxLiabilitiesCurrent" unitRef="BRL" id="Tag373" decimals="-3" scale="3" format="ixt:num-dot-decimal">169,317</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22703%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 63.9411%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Post-employment benefits </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.93132%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 21.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0196%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:CurrentProvisionsForEmployeeBenefits" unitRef="BRL" id="Tag435" decimals="-3" scale="3" format="ixt:num-dot-decimal">21,082</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.89916%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2.12618%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.7738%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:CurrentProvisionsForEmployeeBenefits" unitRef="BRL" id="Tag391" decimals="-3" scale="3" format="ixt:num-dot-decimal">27,077</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22703%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 63.9411%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Provision for asset retirement obligation </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.93132%;">
<p style="margin: 0pt; text-align: center;"><span> 22 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0196%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ugp:CurrentProvisionAssetRetirementObligation" unitRef="BRL" id="Tag439" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,632</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.89916%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2.12618%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.7738%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ugp:CurrentProvisionAssetRetirementObligation" unitRef="BRL" id="Tag419" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,267</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22703%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 63.9411%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Provision for tax, civil, and labor risks </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.93132%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 23.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0196%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:ShorttermLegalProceedingsProvision" unitRef="BRL" id="Tag367" decimals="-3" scale="3" format="ixt:num-dot-decimal">119,942</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.89916%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2.12618%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.7738%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:ShorttermLegalProceedingsProvision" unitRef="BRL" id="Tag381" decimals="-3" scale="3" format="ixt:num-dot-decimal">43,660</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22703%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 63.9411%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Leases payable </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.93132%;">
<p style="margin: 0pt; text-align: center;"><span> 14 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0196%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:CurrentLeaseLiabilities" unitRef="BRL" id="Tag366" decimals="-3" scale="3" format="ixt:num-dot-decimal">188,832</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.89916%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2.12618%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.7738%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:CurrentLeaseLiabilities" unitRef="BRL" id="Tag511" decimals="-3" scale="3" format="ixt:num-dot-decimal">260,189</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22703%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 63.9411%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Other payables </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.93132%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0196%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:OtherCurrentPayables" unitRef="BRL" id="Tag440" decimals="-3" scale="3" format="ixt:num-dot-decimal">144,204</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.89916%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2.12618%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.7738%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:OtherCurrentPayables" unitRef="BRL" id="Tag406" decimals="-3" scale="3" format="ixt:num-dot-decimal">224,676</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22703%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 63.9411%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Deferred revenue </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.93132%;">
<p style="margin: 0pt; text-align: center;"><span> 24 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0196%; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:CurrentDeferredIncomeIncludingCurrentContractLiabilities" unitRef="BRL" id="Tag507" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,625</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.89916%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2.12618%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.7738%; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:CurrentDeferredIncomeIncludingCurrentContractLiabilities" unitRef="BRL" id="Tag448" decimals="-3" scale="3" format="ixt:num-dot-decimal">18,282</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22703%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 63.9411%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.93132%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0196%; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:CurrentLiabilitiesOtherThanLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" unitRef="BRL" id="Tag446" decimals="-3" scale="3" format="ixt:num-dot-decimal">10,098,809</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.89916%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2.12618%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.7738%; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:CurrentLiabilitiesOtherThanLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" unitRef="BRL" id="Tag453" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,240,841</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22703%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 63.9411%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Liabilities directly associated with assets held for&#160;sale </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.93132%;">
<p style="margin: 0pt; text-align: center;"><span> 3.c.1 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0196%; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" unitRef="BRL" id="Tag399" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,541,421</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.89916%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2.12618%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.7738%; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="I20201231" name="ifrs-full:LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" unitRef="BRL" id="Tag423" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22703%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 63.9411%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 20pt; text-indent: 0.75pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total current liabilities </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.93132%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0196%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:CurrentLiabilities" unitRef="BRL" id="Tag6229" decimals="-3" scale="3" format="ixt:num-dot-decimal">12,640,230</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.89916%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2.12618%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.7738%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:CurrentLiabilities" unitRef="BRL" id="Tag431" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,240,841</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22703%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 63.9411%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Non-current liabilities </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.93132%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0196%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.89916%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2.12618%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.7738%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22703%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 63.9411%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-size: 10pt;"> Loans,&#160;financing&#160;and hedge derivative financial instruments </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.93132%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 17 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0196%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ugp:LoansFinancingAndHedgingInstrumentsNonCurrent" unitRef="BRL" id="Tag420" decimals="-3" scale="3" format="ixt:num-dot-decimal">8,672,547</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.89916%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2.12618%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.7738%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ugp:LoansFinancingAndHedgingInstrumentsNonCurrent" unitRef="BRL" id="Tag484" decimals="-3" scale="3" format="ixt:num-dot-decimal">8,526,064</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22703%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 63.9411%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Debentures </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.93132%;">
<p style="margin: 0pt; text-align: center;"><span> 17.f </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0196%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:NoncurrentPortionOfNoncurrentNotesAndDebenturesIssued" unitRef="BRL" id="Tag383" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,839,045</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.89916%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2.12618%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.7738%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:NoncurrentPortionOfNoncurrentNotesAndDebenturesIssued" unitRef="BRL" id="Tag409" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,594,208</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22703%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 63.9411%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Related parties </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.93132%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 9.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0196%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:NoncurrentPayablesToRelatedParties" unitRef="BRL" id="Tag432" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,534</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.89916%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2.12618%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.7738%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:NoncurrentPayablesToRelatedParties" unitRef="BRL" id="Tag467" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,711</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22703%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 63.9411%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Deferred income and social contribution taxes </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.93132%;">
<p style="margin: 0pt; text-align: center;"><span> 10.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0196%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:DeferredTaxLiabilities" unitRef="BRL" id="Tag508" decimals="-3" scale="3" format="ixt:num-dot-decimal">282</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.89916%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2.12618%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.7738%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:DeferredTaxLiabilities" unitRef="BRL" id="Tag6232" decimals="-3" scale="3" format="ixt:num-dot-decimal">12,732</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22703%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 63.9411%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Post-employment benefits </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.93132%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 21.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0196%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:NoncurrentProvisionsForEmployeeBenefits" unitRef="BRL" id="Tag518" decimals="-3" scale="3" format="ixt:num-dot-decimal">194,637</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.89916%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2.12618%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.7738%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:NoncurrentProvisionsForEmployeeBenefits" unitRef="BRL" id="Tag379" decimals="-3" scale="3" format="ixt:num-dot-decimal">257,647</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22703%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 63.9411%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Provision for asset retirement obligation </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.93132%;">
<p style="margin: 0pt; text-align: center;"><span> 22 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0196%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ugp:NonCurrentProvisionForAssetRetirementObligation" unitRef="BRL" id="Tag454" decimals="-3" scale="3" format="ixt:num-dot-decimal">52,079</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.89916%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2.12618%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.7738%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ugp:NonCurrentProvisionForAssetRetirementObligation" unitRef="BRL" id="Tag415" decimals="-3" scale="3" format="ixt:num-dot-decimal">49,168</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22703%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 63.9411%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Provision for tax, civil, and labor risks </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.93132%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 23.a; 23.c </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0196%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:LongtermLegalProceedingsProvision" unitRef="BRL" id="Tag444" decimals="-3" scale="3" format="ixt:num-dot-decimal">812,243</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.89916%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2.12618%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.7738%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:LongtermLegalProceedingsProvision" unitRef="BRL" id="Tag408" decimals="-3" scale="3" format="ixt:num-dot-decimal">854,385</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22703%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 63.9411%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Leases payable </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.93132%;">
<p style="margin: 0pt; text-align: center;"><span> 14 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0196%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:NoncurrentLeaseLiabilities" unitRef="BRL" id="Tag513" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,159,479</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.89916%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2.12618%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.7738%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:NoncurrentLeaseLiabilities" unitRef="BRL" id="Tag2477" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,573,099</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22703%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 63.9411%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Subscription warrants &#8211; indemnification </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.93132%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 25 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0196%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ugp:NonCurrentIndemnificationForSubscriptionWarrants" unitRef="BRL" id="Tag231" decimals="-3" scale="3" format="ixt:num-dot-decimal">51,296</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.89916%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2.12618%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.7738%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ugp:NonCurrentIndemnificationForSubscriptionWarrants" unitRef="BRL" id="Tag473" decimals="-3" scale="3" format="ixt:num-dot-decimal">86,439</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22703%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 63.9411%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Provision for liabilities of joint ventures </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.93132%;">
<p style="margin: 0pt; text-align: center;"><span> 13.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0196%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="I20211231" name="ugp:NonCurrentProvisionForShortTermLiabilitiesOfJointVenture" unitRef="BRL" id="Tag477" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.89916%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2.12618%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.7738%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ugp:NonCurrentProvisionForShortTermLiabilitiesOfJointVenture" unitRef="BRL" id="Tag509" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,096</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22703%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 63.9411%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Other payables </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.93132%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0196%; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:OtherNoncurrentPayables" unitRef="BRL" id="Tag378" decimals="-3" scale="3" format="ixt:num-dot-decimal">115,745</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.89916%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2.12618%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.7738%; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:OtherNoncurrentPayables" unitRef="BRL" id="Tag6228" decimals="-3" scale="3" format="ixt:num-dot-decimal">139,507</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22703%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 63.9411%;">
<p style="margin: 0pt 0pt 0pt 20pt; text-indent: 0.75pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total non-current liabilities </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.93132%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0196%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:NoncurrentLiabilities" unitRef="BRL" id="Tag6233" decimals="-3" scale="3" format="ixt:num-dot-decimal">15,900,887</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.89916%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2.12618%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.7738%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:NoncurrentLiabilities" unitRef="BRL" id="Tag370" decimals="-3" scale="3" format="ixt:num-dot-decimal">17,099,056</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22703%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 63.9411%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Equity </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.93132%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0196%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.89916%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2.12618%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.7738%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22703%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 63.9411%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Share capital </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.93132%;">
<p style="margin: 0pt; text-align: center;"><span> 26.a;&#160;26.f </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0196%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:IssuedCapital" unitRef="BRL" id="Tag455" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,171,752</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.89916%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2.12618%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.7738%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:IssuedCapital" unitRef="BRL" id="Tag445" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,171,752</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22703%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 63.9411%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Equity instrument granted </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.93132%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 26.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0196%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ugp:EquityInstrumentsGranted" unitRef="BRL" id="Tag6226" decimals="-3" scale="3" format="ixt:num-dot-decimal">34,043</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.89916%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2.12618%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.7738%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ugp:EquityInstrumentsGranted" unitRef="BRL" id="Tag512" decimals="-3" scale="3" format="ixt:num-dot-decimal">22,404</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22703%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 63.9411%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Capital reserve </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.93132%;">
<p style="margin: 0pt; text-align: center;"><span> 26.d </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0196%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:CapitalReserve" unitRef="BRL" id="Tag489" decimals="-3" scale="3" format="ixt:num-dot-decimal">596,481</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.89916%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2.12618%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.7738%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:CapitalReserve" unitRef="BRL" id="Tag488" decimals="-3" scale="3" format="ixt:num-dot-decimal">594,049</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22703%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 63.9411%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Treasury shares </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.93132%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 26.c </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0196%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="I20211231" name="ifrs-full:TreasuryShares" unitRef="BRL" id="Tag413" decimals="-3" scale="3" format="ixt:num-dot-decimal">488,425</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.89916%; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2.12618%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.7738%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="I20201231" name="ifrs-full:TreasuryShares" unitRef="BRL" id="Tag510" decimals="-3" scale="3" format="ixt:num-dot-decimal">489,068</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22703%; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 63.9411%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Revaluation reserve on subsidiaries </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.93132%;">
<p style="margin: 0pt; text-align: center;"><span> 26.e </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0196%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:OtherReserves" unitRef="BRL" id="Tag437" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,154</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.89916%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2.12618%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.7738%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:OtherReserves" unitRef="BRL" id="Tag476" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,337</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22703%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 63.9411%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Profit reserves </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.93132%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 26.f </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0196%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:ReserveOfDiscretionaryParticipationFeatures" unitRef="BRL" id="Tag394" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,866,409</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.89916%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2.12618%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.7738%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:ReserveOfDiscretionaryParticipationFeatures" unitRef="BRL" id="Tag402" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,408,275</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22703%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 63.9411%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Other comprehensive income</span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.93132%;">
<p style="margin: 0pt; text-align: center;"><span> <span style="border-left: none; border-right: none;">26</span>.g<span style="border-left: none; border-right: none;">.1; 26.g.2</span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0196%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="I20211231" name="ifrs-full:AccumulatedOtherComprehensiveIncome" unitRef="BRL" id="Tag407" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">117,493</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.89916%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2.12618%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.7738%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="I20201231" name="ifrs-full:AccumulatedOtherComprehensiveIncome" unitRef="BRL" id="Tag430" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">233,394</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22703%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 63.9411%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Additional dividends to the minimum mandatory dividends </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.93132%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 26.h </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0196%; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="I20211231" name="ugp:AdditionalDividendsMinimumMandatoryDividends" unitRef="BRL" id="Tag474" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.89916%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2.12618%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0196%; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ugp:AdditionalDividendsMinimumMandatoryDividends" unitRef="BRL" id="Tag377" decimals="-3" scale="3" format="ixt:num-dot-decimal">55,391</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22703%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 63.9411%;">
<p style="margin: 0pt 0pt 0pt 20pt; text-indent: 0.75pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Equity attributable to: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.93132%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0196%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.89916%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2.12618%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.7738%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22703%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 63.9411%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 30pt; text-indent: 1.15pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Shareholders of the Company </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.93132%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0196%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:EquityAttributableToOwnersOfParent" unitRef="BRL" id="Tag382" decimals="-3" scale="3" format="ixt:num-dot-decimal">10,066,921</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.89916%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2.12618%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.7738%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:EquityAttributableToOwnersOfParent" unitRef="BRL" id="Tag486" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,533,746</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22703%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 63.9411%;">
<p style="margin: 0pt 0pt 0pt 30pt; text-indent: 1.15pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Non-controlling interests in subsidiaries </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.93132%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0196%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:NoncontrollingInterests" unitRef="BRL" id="Tag516" decimals="-3" scale="3" format="ixt:num-dot-decimal">402,319</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.89916%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2.12618%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.7738%; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:NoncontrollingInterests" unitRef="BRL" id="Tag374" decimals="-3" scale="3" format="ixt:num-dot-decimal">376,519</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22703%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 63.9411%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 20pt; text-indent: 0.75pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total equity </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.93132%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0196%; border-bottom: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:Equity" unitRef="BRL" id="Tag6863" decimals="-3" scale="3" format="ixt:num-dot-decimal">10,469,240</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.89916%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2.12618%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.7738%; border-bottom: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:Equity" unitRef="BRL" id="Tag368" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,910,265</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22703%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 63.9411%;">
<p style="margin: 0pt 0pt 0pt 30pt; text-indent: 1.15pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total liabilities and equity </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.93132%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0196%; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:EquityAndLiabilities" unitRef="BRL" id="Tag393" decimals="-3" scale="3" format="ixt:num-dot-decimal">39,010,357</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.89916%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2.12618%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.7738%; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:EquityAndLiabilities" unitRef="BRL" id="Tag462" decimals="-3" scale="3" format="ixt:num-dot-decimal">36,250,162</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22703%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 2pt 0pt 0pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0px; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The accompanying notes are an integral part of the&#160;</span><span style="font-family: 'Times New Roman';">consolidated&#160;</span><span style="font-family: 'Times New Roman';">financial&#160;</span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<div>
<div id="t_ft_MN6KC6OB0000000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-8</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
</div><div id="Normadiv106" style="font-family: 'times new roman', times; font-size: 10pt;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Ultrapar Participa&#231;&#245;es S.A. and</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Subsidiaries&#160;</span></span></p>
<div style="margin: 2pt 0pt 0pt; text-align: justify;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" id="BPL_PU4BYZF71S00000000000000000000" class="customBookmark">Consolidated Statements of Profit or Loss </a></div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-weight: bold;">For </span><span style="font-family: 'Times New Roman'; font-weight: bold;">the </span><span style="font-family: 'Times New Roman'; font-weight: bold;">years</span><span style="font-family: 'Times New Roman'; font-weight: bold;"> ended</span><span style="font-family: 'Times New Roman'; font-weight: bold;"> </span><span style="font-family: 'Times New Roman'; font-weight: bold;">December</span><span style="font-family: 'Times New Roman'; font-weight: bold;"> 3</span><span>1</span><span>, 202</span><span>1</span><span style="font-family: 'Times New Roman'; font-weight: bold;">,</span><span> <span style="border-left: none; border-right: none;">20</span></span><span>20</span><span> and 2019</span></span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic;">(In thousands of Brazilian Reais, except earnings per </span><span style="font-family: 'Times New Roman'; font-style: italic;">thousand </span><span style="font-family: 'Times New Roman'; font-style: italic;">share)</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_GN5QTWA2V400000000000000000000b">
<table cellpadding="0" style="height: 633px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Note </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: center; font-weight: bold;"><span> 2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: center; font-weight: bold;"><span> 2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center; font-weight: bold;"><span> 2019 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 49%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Continuing operations </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 8%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 12%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 2%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 12%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">Re-presented</span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; height: 17px; width: 2%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 12%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Re-presented</span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Net revenue from sales and services </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> </span><br/></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:Revenue" unitRef="BRL" id="Tag547" decimals="-3" scale="3" format="ixt:num-dot-decimal">109,732,842</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:Revenue" unitRef="BRL" id="Tag584" decimals="-3" scale="3" format="ixt:num-dot-decimal">74,058,056</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:Revenue" unitRef="BRL" id="Tag6234" decimals="-3" scale="3" format="ixt:num-dot-decimal">83,004,729</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Cost of products and services sold </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 28 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:CostOfSales" unitRef="BRL" id="Tag542" decimals="-3" scale="3" format="ixt:num-dot-decimal">104,827,966</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:CostOfSales" unitRef="BRL" id="Tag577" decimals="-3" scale="3" format="ixt:num-dot-decimal">70,056,447</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;">(<span><ix:nonFraction contextRef="D20191231" name="ifrs-full:CostOfSales" unitRef="BRL" id="Tag581" decimals="-3" scale="3" format="ixt:num-dot-decimal">78,208,786</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Gross profit </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:GrossProfit" unitRef="BRL" id="Tag546" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,904,876</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:GrossProfit" unitRef="BRL" id="Tag6250" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,001,609</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:GrossProfit" unitRef="BRL" id="Tag573" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,795,943</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Operating income (expenses) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Selling and marketing </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 27 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:SalesAndMarketingExpense" unitRef="BRL" id="Tag6244" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,934,789</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:SalesAndMarketingExpense" unitRef="BRL" id="Tag7831" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,595,871</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;">(<span><ix:nonFraction contextRef="D20191231" name="ifrs-full:SalesAndMarketingExpense" unitRef="BRL" id="Tag535" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,631,760</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Reversion (loss) allowance for expected credit losses </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables" unitRef="BRL" id="Tag560" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">3,123</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables" unitRef="BRL" id="Tag6240" decimals="-3" scale="3" format="ixt:num-dot-decimal">15,281</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span>(<ix:nonFraction contextRef="D20191231" name="ifrs-full:ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables" unitRef="BRL" id="Tag491" decimals="-3" scale="3" format="ixt:num-dot-decimal">35,225</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> General and administrative </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 27 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:GeneralAndAdministrativeExpense" unitRef="BRL" id="Tag548" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,466,551</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:GeneralAndAdministrativeExpense" unitRef="BRL" id="Tag576" decimals="-3" scale="3" format="ixt:num-dot-decimal">993,986</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span>(<ix:nonFraction contextRef="D20191231" name="ifrs-full:GeneralAndAdministrativeExpense" unitRef="BRL" id="Tag6243" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,219,450</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 17px;">)</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Gain (loss) on disposal of property, plant and equipment and intangibles </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 28 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:GainsLossesOnDisposalsOfNoncurrentAssets" unitRef="BRL" id="Tag531" decimals="-3" scale="3" format="ixt:num-dot-decimal">184,189</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:GainsLossesOnDisposalsOfNoncurrentAssets" unitRef="BRL" id="Tag530" decimals="-3" scale="3" format="ixt:num-dot-decimal">85,455</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:GainsLossesOnDisposalsOfNoncurrentAssets" unitRef="BRL" id="Tag6255" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,700</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Other operating income </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 29 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:OtherIncome" unitRef="BRL" id="Tag6252" decimals="-3" scale="3" format="ixt:num-dot-decimal">445,836</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:OtherIncome" unitRef="BRL" id="Tag6257" decimals="-3" scale="3" format="ixt:num-dot-decimal">321,385</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:OtherIncome" unitRef="BRL" id="Tag7828" decimals="-3" scale="3" format="ixt:num-dot-decimal">356,235</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Other operating expenses </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 29 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:OtherExpenseByFunction" unitRef="BRL" id="Tag497" decimals="-3" scale="3" format="ixt:num-dot-decimal">349,670</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:OtherExpenseByFunction" unitRef="BRL" id="Tag580" decimals="-3" scale="3" format="ixt:num-dot-decimal">257,351</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;">(<span><ix:nonFraction contextRef="D20191231" name="ifrs-full:OtherExpenseByFunction" unitRef="BRL" id="Tag589" decimals="-3" scale="3" format="ixt:num-dot-decimal">216,206</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Operating income (loss) before finance income (expenses) and share of profit (loss) of joint ventures and associates </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates" unitRef="BRL" id="Tag579" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,787,014</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates" unitRef="BRL" id="Tag6235" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,545,960</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="vertical-align: top; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates" unitRef="BRL" id="Tag6247" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,051,237</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Share of profit (loss) of joint ventures and associates </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 13 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag571" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">17,634</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag553" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">44,031</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;">(<span><ix:nonFraction contextRef="D20191231" name="ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag6251" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">12,709</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 25px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 25px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Operating income before finance income (expenses) and income and social contribution taxes </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 25px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 25px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag492" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,769,380</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 25px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 25px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 25px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag538" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,501,929</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 25px;"><br/></td>
<td style="vertical-align: top; height: 25px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 25px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag534" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,038,528</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 25px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Finance income </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 30 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:FinanceIncome" unitRef="BRL" id="Tag536" decimals="-3" scale="3" format="ixt:num-dot-decimal">460,154</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:FinanceIncome" unitRef="BRL" id="Tag582" decimals="-3" scale="3" format="ixt:num-dot-decimal">357,666</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:FinanceIncome" unitRef="BRL" id="Tag6245" decimals="-3" scale="3" format="ixt:num-dot-decimal">344,282</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Finance expenses </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 30 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:FinanceCosts" unitRef="BRL" id="Tag583" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,222,886</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:FinanceCosts" unitRef="BRL" id="Tag495" decimals="-3" scale="3" format="ixt:num-dot-decimal">908,014</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;">(<span><ix:nonFraction contextRef="D20191231" name="ifrs-full:FinanceCosts" unitRef="BRL" id="Tag7827" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,017,633</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 20pt; text-indent: 0.75pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial result, net </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 30 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:FinanceIncomeCost" unitRef="BRL" id="Tag585" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">762,732</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:FinanceIncomeCost" unitRef="BRL" id="Tag590" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">550,348</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span>(<ix:nonFraction contextRef="D20191231" name="ifrs-full:FinanceIncomeCost" unitRef="BRL" id="Tag6239" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">673,351</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Profit before income and social contribution taxes </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:ProfitLossBeforeTax" unitRef="BRL" id="Tag539" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,006,648</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:ProfitLossBeforeTax" unitRef="BRL" id="Tag6254" decimals="-3" scale="3" format="ixt:num-dot-decimal">951,581</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:ProfitLossBeforeTax" unitRef="BRL" id="Tag6248" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,365,177</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Income and social contribution taxes </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Current </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 10.b; 10.c </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:CurrentTaxExpenseIncome" unitRef="BRL" id="Tag551" decimals="-3" scale="3" format="ixt:num-dot-decimal">430,280</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:CurrentTaxExpenseIncome" unitRef="BRL" id="Tag543" decimals="-3" scale="3" format="ixt:num-dot-decimal">538,761</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;">(<span><ix:nonFraction contextRef="D20191231" name="ifrs-full:CurrentTaxExpenseIncome" unitRef="BRL" id="Tag496" decimals="-3" scale="3" format="ixt:num-dot-decimal">467,343</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Deferred </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 10.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:DeferredTaxExpenseIncome" unitRef="BRL" id="Tag592" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">242,246</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:DeferredTaxExpenseIncome" unitRef="BRL" id="Tag570" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">234,244</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;">(<span><ix:nonFraction contextRef="D20191231" name="ifrs-full:DeferredTaxExpenseIncome" unitRef="BRL" id="Tag6237" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,633</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:IncomeTaxExpenseContinuingOperations" unitRef="BRL" id="Tag588" decimals="-3" scale="3" format="ixt:num-dot-decimal">188,034</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:IncomeTaxExpenseContinuingOperations" unitRef="BRL" id="Tag549" decimals="-3" scale="3" format="ixt:num-dot-decimal">304,517</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span>(<ix:nonFraction contextRef="D20191231" name="ifrs-full:IncomeTaxExpenseContinuingOperations" unitRef="BRL" id="Tag6256" decimals="-3" scale="3" format="ixt:num-dot-decimal">469,976</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Profit from continuing operations </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:ProfitLossFromContinuingOperations" unitRef="BRL" id="Tag7829" decimals="-3" scale="3" format="ixt:num-dot-decimal">818,614</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:ProfitLossFromContinuingOperations" unitRef="BRL" id="Tag493" decimals="-3" scale="3" format="ixt:num-dot-decimal">647,064</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:ProfitLossFromContinuingOperations" unitRef="BRL" id="Tag544" decimals="-3" scale="3" format="ixt:num-dot-decimal">895,201</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Discontinued operations </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Profit (loss) from discontinued operations&#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 3.c.2 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:ProfitLossFromDiscontinuedOperations" unitRef="BRL" id="Tag569" decimals="-3" scale="3" format="ixt:num-dot-decimal">65,264</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:ProfitLossFromDiscontinuedOperations" unitRef="BRL" id="Tag574" decimals="-3" scale="3" format="ixt:num-dot-decimal">280,633</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;">(<span><ix:nonFraction contextRef="D20191231" name="ifrs-full:ProfitLossFromDiscontinuedOperations" unitRef="BRL" id="Tag498" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">492,257</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Profit for the year </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag550" decimals="-3" scale="3" format="ixt:num-dot-decimal">883,878</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag591" decimals="-3" scale="3" format="ixt:num-dot-decimal">927,697</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag532" decimals="-3" scale="3" format="ixt:num-dot-decimal">402,944</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Income attributable to: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160;&#160;&#160; Shareholders of the Ultrapar </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:ProfitLossAttributableToOwnersOfParent" unitRef="BRL" id="Tag578" decimals="-3" scale="3" format="ixt:num-dot-decimal">850,463</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:ProfitLossAttributableToOwnersOfParent" unitRef="BRL" id="Tag587" decimals="-3" scale="3" format="ixt:num-dot-decimal">893,383</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:ProfitLossAttributableToOwnersOfParent" unitRef="BRL" id="Tag575" decimals="-3" scale="3" format="ixt:num-dot-decimal">373,526</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160;&#160;&#160; Non-controlling interests in subsidiaries </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:ProfitLossAttributableToNoncontrollingInterests" unitRef="BRL" id="Tag545" decimals="-3" scale="3" format="ixt:num-dot-decimal">33,415</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:ProfitLossAttributableToNoncontrollingInterests" unitRef="BRL" id="Tag541" decimals="-3" scale="3" format="ixt:num-dot-decimal">34,314</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:ProfitLossAttributableToNoncontrollingInterests" unitRef="BRL" id="Tag6253" decimals="-3" scale="3" format="ixt:num-dot-decimal">29,418</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 34px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Earnings per share from continuing operations (based on weighted average number of shares outstanding) &#8211; R$ </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"><br/></td>
<td style="vertical-align: top; height: 34px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 34px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 34px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160;&#160;&#160; Basic </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 31 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:BasicEarningsLossPerShareFromContinuingOperations" unitRef="BRLPerShare" id="Tag540" decimals="4" format="ixt:num-dot-decimal">0.7200</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:BasicEarningsLossPerShareFromContinuingOperations" unitRef="BRLPerShare" id="Tag6246" decimals="4" format="ixt:num-dot-decimal">0.5625</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:BasicEarningsLossPerShareFromContinuingOperations" unitRef="BRLPerShare" id="Tag500" decimals="4" format="ixt:num-dot-decimal">0.7969</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Diluted </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 31 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:DilutedEarningsLossPerShareFromContinuingOperations" unitRef="BRLPerShare" id="Tag6241" decimals="4" format="ixt:num-dot-decimal">0.7158</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:DilutedEarningsLossPerShareFromContinuingOperations" unitRef="BRLPerShare" id="Tag552" decimals="4" format="ixt:num-dot-decimal">0.5592</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:DilutedEarningsLossPerShareFromContinuingOperations" unitRef="BRLPerShare" id="Tag494" decimals="4" format="ixt:num-dot-decimal">0.7922</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
</tr>
<tr style="height: 34px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Earnings per share from discontinued operations (based on weighted average number of shares outstanding) &#8211; R$ </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; height: 34px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 34px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 34px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Basic </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 31 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:BasicEarningsLossPerShareFromDiscontinuedOperations" unitRef="BRLPerShare" id="Tag586" decimals="4" format="ixt:num-dot-decimal">0.0598</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:BasicEarningsLossPerShareFromDiscontinuedOperations" unitRef="BRLPerShare" id="Tag499" decimals="4" format="ixt:num-dot-decimal">0.2576</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;">(<span><ix:nonFraction contextRef="D20191231" name="ifrs-full:BasicEarningsLossPerShareFromDiscontinuedOperations" unitRef="BRLPerShare" id="Tag572" decimals="4" sign="-" format="ixt:num-dot-decimal">0.4531</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Diluted </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 31 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:DilutedEarningsLossPerShareFromDiscontinuedOperations" unitRef="BRLPerShare" id="Tag6238" decimals="4" format="ixt:num-dot-decimal">0.0595</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:DilutedEarningsLossPerShareFromDiscontinuedOperations" unitRef="BRLPerShare" id="Tag6236" decimals="4" format="ixt:num-dot-decimal">0.2561</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span>(<ix:nonFraction contextRef="D20191231" name="ifrs-full:DilutedEarningsLossPerShareFromDiscontinuedOperations" unitRef="BRLPerShare" id="Tag6242" decimals="4" sign="-" format="ixt:num-dot-decimal">0.4504</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;">)</td>
</tr>
<tr>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Total earnings per share (based on weighted average number of shares outstanding) &#8211; R$ </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="vertical-align: top;"><br/></td>
<td style="vertical-align: top;"><br/></td>
<td style="vertical-align: top;"><br/></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Basic </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; text-align: center;" class="ng-scope">31</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; text-align: right;" class="ng-scope"><ix:nonFraction contextRef="D20211231_3" name="ifrs-full:BasicEarningsLossPerShare" unitRef="BRLPerShare" id="Tag559" decimals="4" format="ixt:num-dot-decimal">0.7799</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; text-align: right;" class="ng-scope"><ix:nonFraction contextRef="D20201231_3" name="ifrs-full:BasicEarningsLossPerShare" unitRef="BRLPerShare" id="Tag537" decimals="4" format="ixt:num-dot-decimal">0.8201</ix:nonFraction></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; text-align: right;" class="ng-scope"><ix:nonFraction contextRef="D20191231" name="ifrs-full:BasicEarningsLossPerShare" unitRef="BRLPerShare" id="Tag7830" decimals="4" format="ixt:num-dot-decimal">0.3438</ix:nonFraction></td>
<td style="vertical-align: top; background-color: #cceeff;"><br/></td>
</tr>
<tr>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Diluted </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; text-align: center;" class="ng-scope">31</td>
<td style="padding: 0px; vertical-align: bottom; text-align: right;" class="ng-scope"><ix:nonFraction contextRef="D20211231_3" name="ifrs-full:DilutedEarningsLossPerShare" unitRef="BRLPerShare" id="Tag533" decimals="4" format="ixt:num-dot-decimal">0.7753</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right;" class="ng-scope"><ix:nonFraction contextRef="D20201231_3" name="ifrs-full:DilutedEarningsLossPerShare" unitRef="BRLPerShare" id="Tag6249" decimals="4" format="ixt:num-dot-decimal">0.8152</ix:nonFraction></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="vertical-align: top;"><br/></td>
<td style="vertical-align: top; text-align: right;" class="ng-scope"><ix:nonFraction contextRef="D20191231" name="ifrs-full:DilutedEarningsLossPerShare" unitRef="BRLPerShare" id="Tag7832" decimals="4" format="ixt:num-dot-decimal">0.3418</ix:nonFraction></td>
<td style="vertical-align: top;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The accompanying notes are an integral part of the</span><span style="font-family: 'Times New Roman';"> consolidated</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">f</span><span style="font-family: 'Times New Roman';">inancial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div>
<div id="t_ft_DGM8V1YVDC00000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-9</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
</div><div id="Normadiv108" style="font-family: 'times new roman', times; font-size: 10pt;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'Times New Roman';">Ultrapar Participa&#231;&#245;es S.A. and</span><span style="font-size: 10pt; font-family: 'Times New Roman';"> </span><span style="font-size: 10pt; font-family: 'Times New Roman';">Subsidiaries</span><br/></p>
<div style="margin: 2pt 0pt 0pt; text-align: justify;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" id="Bci_144MFZHEY800000000000000000000" class="customBookmark"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Consolidated </span><span style="font-family: 'Times New Roman';">Statements of Comprehensive Income</span></span></a></div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-weight: bold;">For</span><span style="font-family: 'Times New Roman'; font-weight: bold;"> </span><span style="font-family: 'Times New Roman'; font-weight: bold;">the </span><span style="font-family: 'Times New Roman'; font-weight: bold;">years</span><span style="font-family: 'Times New Roman'; font-weight: bold;"> e</span><span style="font-family: 'Times New Roman'; font-weight: bold;">nded </span><span style="font-family: 'Times New Roman'; font-weight: bold;">December</span><span style="font-family: 'Times New Roman'; font-weight: bold;"> 3</span><span>1</span><span>, 202</span><span>1</span><span style="font-family: 'Times New Roman'; font-weight: bold;">,</span><span> 20</span><span>20</span><span> and 2019</span></span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">(In thousands of Brazilian Reais)</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_OLUHD92ECG00000000000000000000b">
<table cellpadding="0" style="height: 141px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Note </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center; font-weight: bold;"><span> 2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center; font-weight: bold;"><span> 2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center; font-weight: bold;"><span> 2019 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net income for the year </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag609" decimals="-3" scale="3" format="ixt:num-dot-decimal">883,878</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag593" decimals="-3" scale="3" format="ixt:num-dot-decimal">927,697</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="vertical-align: top; height: 10px; padding: 0px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; padding: 0px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag601" decimals="-3" scale="3" format="ixt:num-dot-decimal">402,944</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; height: 10px; padding: 0px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 49%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Items that will be&#160;subsequently reclassified to profit or loss: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 8%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 2%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1%;"><br/></td>
<td style="vertical-align: top; height: 10px; padding: 0px; width: 2%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; padding: 0px; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; padding: 0px; width: 1%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fair value adjustments of financial instruments of subsidiaries, net of taxes </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 26.g.1 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ugp:OtherComprehensiveIncomeNetOfTaxFairValueAdjustmentsOfFinancialInstrumentsAttributableToSubsidiaries" unitRef="BRL" id="Tag599" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">7,175</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ugp:OtherComprehensiveIncomeNetOfTaxFairValueAdjustmentsOfFinancialInstrumentsAttributableToSubsidiaries" unitRef="BRL" id="Tag555" decimals="-3" scale="3" format="ixt:num-dot-decimal">313,271</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">)</td>
<td style="vertical-align: top; height: 10px; padding: 0px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; padding: 0px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right; font-family: 'Times New Roman';"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(</span><span><ix:nonFraction contextRef="D20191231" name="ugp:OtherComprehensiveIncomeNetOfTaxFairValueAdjustmentsOfFinancialInstrumentsAttributableToSubsidiaries" unitRef="BRL" id="Tag600" decimals="-3" scale="3" format="ixt:num-dot-decimal">51,319</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; height: 10px; padding: 0px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fair value adjustments of financial instruments of joint ventures, net of taxes </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span> 26.g.1 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ugp:OtherComprehensiveIncomeNetOfTaxFairValueAdjustmentsOfFinancialInstrumentsAttributableToJointVentures" unitRef="BRL" id="Tag611" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">99</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ugp:OtherComprehensiveIncomeNetOfTaxFairValueAdjustmentsOfFinancialInstrumentsAttributableToJointVentures" unitRef="BRL" id="Tag247" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">190</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="vertical-align: top; height: 10px; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(</span><span> <ix:nonFraction contextRef="D20191231" name="ugp:OtherComprehensiveIncomeNetOfTaxFairValueAdjustmentsOfFinancialInstrumentsAttributableToJointVentures" unitRef="BRL" id="Tag597" decimals="-3" scale="3" format="ixt:num-dot-decimal">978</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; height: 10px; padding: 0px;">)</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Cumulative translation adjustments and hedge of net investments in foreign operations, net of taxes </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 26.g.2 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" unitRef="BRL" id="Tag596" decimals="-3" scale="3" format="ixt:num-dot-decimal">73,049</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" unitRef="BRL" id="Tag608" decimals="-3" scale="3" format="ixt:num-dot-decimal">129,169</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="vertical-align: top; height: 10px; padding: 0px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; padding: 0px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" unitRef="BRL" id="Tag602" decimals="-3" scale="3" format="ixt:num-dot-decimal">36,570</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; height: 10px; padding: 0px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Items that will&#160;not be subsequently reclassified to profit or loss: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span> </span><br/></p>
</td>
<td style="vertical-align: top; height: 17px; padding: 0px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Actuarial gain (losses) of post-employment benefits of subsidiaries, net of taxes </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 26.g.1 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ugp:OtherComprehensiveIncomeNetOfTaxActuarialGainLossesOfPostEmploymentBenefitsAttributableToSubsidiaries" unitRef="BRL" id="Tag249" decimals="-3" scale="3" format="ixt:num-dot-decimal">40,887</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ugp:OtherComprehensiveIncomeNetOfTaxActuarialGainLossesOfPostEmploymentBenefitsAttributableToSubsidiaries" unitRef="BRL" id="Tag607" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">17,762</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">)</td>
<td style="vertical-align: top; height: 10px; padding: 0px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; padding: 0px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(</span><span><ix:nonFraction contextRef="D20191231" name="ugp:OtherComprehensiveIncomeNetOfTaxActuarialGainLossesOfPostEmploymentBenefitsAttributableToSubsidiaries" unitRef="BRL" id="Tag595" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">29,996</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; height: 10px; padding: 0px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Actuarial gain of post-employment benefits of joint ventures, net of taxes </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 26.g.1 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ugp:OtherComprehensiveIncomeNetOfTaxActuarialGainLossesOfPostEmploymentBenefitsAttributableToJointVentures" unitRef="BRL" id="Tag606" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">5,723</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ugp:OtherComprehensiveIncomeNetOfTaxActuarialGainLossesOfPostEmploymentBenefitsAttributableToJointVentures" unitRef="BRL" id="Tag613" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">875</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; padding: 0px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(</span><span><ix:nonFraction contextRef="D20191231" name="ugp:OtherComprehensiveIncomeNetOfTaxActuarialGainLossesOfPostEmploymentBenefitsAttributableToJointVentures" unitRef="BRL" id="Tag594" decimals="-3" scale="3" format="ixt:num-dot-decimal">6,791</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; height: 17px; padding: 0px;">)</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total comprehensive income for the year </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:ComprehensiveIncome" unitRef="BRL" id="Tag612" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,010,811</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:ComprehensiveIncome" unitRef="BRL" id="Tag605" decimals="-3" scale="3" format="ixt:num-dot-decimal">726,898</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="vertical-align: top; height: 10px; padding: 0px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; padding: 0px; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:ComprehensiveIncome" unitRef="BRL" id="Tag598" decimals="-3" scale="3" format="ixt:num-dot-decimal">350,430</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; height: 10px; padding: 0px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total comprehensive income for the year attributable to shareholders of the Ultrapar </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:ComprehensiveIncomeAttributableToOwnersOfParent" unitRef="BRL" id="Tag614" decimals="-3" scale="3" format="ixt:num-dot-decimal">966,364</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:ComprehensiveIncomeAttributableToOwnersOfParent" unitRef="BRL" id="Tag604" decimals="-3" scale="3" format="ixt:num-dot-decimal">703,879</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="vertical-align: top; height: 10px; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:ComprehensiveIncomeAttributableToOwnersOfParent" unitRef="BRL" id="Tag248" decimals="-3" scale="3" format="ixt:num-dot-decimal">327,768</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; height: 10px; padding: 0px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total comprehensive income for the year attributable to non-controlling interest in subsidiaries </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:ComprehensiveIncomeAttributableToNoncontrollingInterests" unitRef="BRL" id="Tag610" decimals="-3" scale="3" format="ixt:num-dot-decimal">44,447</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:ComprehensiveIncomeAttributableToNoncontrollingInterests" unitRef="BRL" id="Tag603" decimals="-3" scale="3" format="ixt:num-dot-decimal">23,019</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="vertical-align: top; height: 10px; padding: 0px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; padding: 0px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:ComprehensiveIncomeAttributableToNoncontrollingInterests" unitRef="BRL" id="Tag554" decimals="-3" scale="3" format="ixt:num-dot-decimal">22,662</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; height: 10px; padding: 0px; background-color: #cceeff;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The accompanying notes are an integral part of the </span><span style="font-family: 'Times New Roman';">consolidated </span><span style="font-family: 'Times New Roman';">financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><br/></p>
<div>
<div id="t_ft_BSE007G87K00000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-10</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
</div><div id="Normadiv109" style="font-family: 'times new roman', times; font-size: 10pt;">
<p><span style="font-size: 10pt;">Ultrapar<span style="font-family: 'Times New Roman'; text-align: justify;"> </span>Participa&#231;&#245;es<span style="font-family: 'Times New Roman'; text-align: justify;"> S.A. and Subsidiaries</span></span><br/></p>
<div>
<div style="margin: 2pt 0pt 0pt; text-align: justify;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none;" href="#TOC" id="Bshe_IW24I8SG9C00000000000000000000" class="customBookmark"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Consolidated </span><span style="font-family: 'Times New Roman';">Statements of Changes in Equity</span></span></a></div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">For the </span><span style="font-family: 'Times New Roman'; font-weight: bold;">years</span><span style="font-family: 'Times New Roman'; font-weight: bold;"> </span><span style="font-family: 'Times New Roman'; font-weight: bold;">e</span><span style="font-family: 'Times New Roman'; font-weight: bold;">nded </span><span style="font-family: 'Times New Roman'; font-weight: bold;">December</span><span style="font-family: 'Times New Roman'; font-weight: bold;"> 3</span><span>1</span><span>, 202</span><span>1</span><span style="font-family: 'Times New Roman'; font-weight: bold;">,</span><span> 20</span><span>20</span><span> and 2019</span></span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">(In thousands of Brazilian Reais, except dividends per share)</span></p>
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman';">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></span></p>
<div id="t_ft_U8LYMLE0AO00000000000000000000b">
<table cellpadding="0" style="height: 240px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 10px; width: 25.641%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 10px; width: 3.60874%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 10px; width: 3.89364%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 10px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 10px; width: 4.17854%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 10px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 10px; width: 3.7037%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 10px; width: 0.949668%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 10px; width: 3.89364%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 10px; width: 4.93827%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 10px; width: 0.949668%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="4" style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 10px; width: 9.02184%; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Profit reserve </span></p>
</td>
<td style="border-bottom: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 10px; width: 0.189934%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 10px; width: 4.74834%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 10px; width: 4.74834%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 10px; width: 0.189934%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 10px; width: 3.89364%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 10px; width: 0.96432%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 10px; width: 4.2735%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 10px; width: 0.96432%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="4" style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 10px; width: 10.4463%; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center; font-size: 8pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Equity attributable to: </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 10px; width: 5.03324%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 10px; width: 0.854701%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 25.641%;">
<p style="margin: 0pt;"><span style="color: #0563c1; font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.60874%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> Note </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> Share capital </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.17854%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> Equity instrument granted </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.7037%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> Capital reserve </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.949668%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> Treasury shares </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.93827%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> Revaluation reserve on subsidiaries </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.949668%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.7037%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> Legal reserve </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> Investments statutory reserve </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.189934%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> Other reserves</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> Cumulative translation adjustments </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.189934%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> Retained earnings </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.96432%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.2735%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> Additional dividends to the minimum mandatory dividends </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.96432%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 5.12821%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> Shareholders of the Company </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.5584%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> Non-controlling interests in subsidiaries </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 5.03324%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> Consolidated equity </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.854701%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 25.641%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> Balance as of December 31, 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.60874%; background-color: #cceeff;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20201231_IssuedCapitalMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5085" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,171,752</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.17854%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20201231_EquityInstrumentGrantedMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5326" decimals="-3" scale="3" format="ixt:num-dot-decimal">22,404</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.7037%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20201231_CapitalReserveMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5430" decimals="-3" scale="3" format="ixt:num-dot-decimal">594,049</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.949668%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="I20201231_TreasurySharesMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5172" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">489,068</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.93827%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20201231_RevaluationSurplusMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5303" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,337</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.949668%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.7037%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20201231_StatutoryReserveMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag4955" decimals="-3" scale="3" format="ixt:num-dot-decimal">750,010</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20201231_InvestmentsStatutoryReserveMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5256" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,658,265</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.189934%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="I20201231_ValuationAdjustmentsMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5454" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">464,990</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20201231_ReserveOfExchangeDifferencesOnTranslationMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5389" decimals="-3" scale="3" format="ixt:num-dot-decimal">231,596</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.189934%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20201231_RetainedEarningsMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5483" xsi:nil="true"></ix:nonFraction>-</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.96432%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.2735%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20201231_AdditionalDividendsMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag6322" decimals="-3" scale="3" format="ixt:num-dot-decimal">55,391</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.96432%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 5.12821%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20201231_EquityAttributableToOwnersOfParentMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag102" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,533,746</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.5584%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20201231_NoncontrollingInterestsMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5233" decimals="-3" scale="3" format="ixt:num-dot-decimal">376,519</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 5.03324%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:Equity" unitRef="BRL" id="Tag5183" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,910,265</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.854701%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 25.641%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> Net income for the year </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.60874%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_IssuedCapitalMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag5572" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.17854%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_EquityInstrumentGrantedMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag5361" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.7037%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_CapitalReserveMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag5259" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.949668%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_TreasurySharesMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag82" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.93827%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_RevaluationSurplusMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag4959" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.949668%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.7037%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_StatutoryReserveMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag5322" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_InvestmentsStatutoryReserveMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag5248" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.189934%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_ValuationAdjustmentsMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag5362" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_ReserveOfExchangeDifferencesOnTranslationMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag78" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.189934%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_RetainedEarningsMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag52" decimals="-3" scale="3" format="ixt:num-dot-decimal">850,463</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.96432%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.2735%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_AdditionalDividendsMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag6287" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.96432%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 5.12821%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_EquityAttributableToOwnersOfParentMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag5098" decimals="-3" scale="3" format="ixt:num-dot-decimal">850,463</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.5584%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_NoncontrollingInterestsMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag4972" decimals="-3" scale="3" format="ixt:num-dot-decimal">33,415</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 5.03324%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag6318" decimals="-3" scale="3" format="ixt:num-dot-decimal">883,878</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.854701%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 25.641%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> Other comprehensive income: </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.60874%; background-color: #cceeff;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.17854%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.7037%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.949668%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.93827%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.949668%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.7037%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.189934%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.189934%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.96432%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.2735%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.96432%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 5.12821%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.5584%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 5.03324%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.854701%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 25.641%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> Fair value adjustments of available for financial instruments, net of income taxes: </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.60874%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> <span style="border-left: none; border-right: none;">26</span>.g<span style="border-left: none; border-right: none;">.1</span> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_IssuedCapitalMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag5431" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.17854%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_EquityInstrumentGrantedMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag5181" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.7037%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_CapitalReserveMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag5334" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.949668%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_TreasurySharesMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag5471" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.93827%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_RevaluationSurplusMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag92" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.949668%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.7037%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_StatutoryReserveMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag5081" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_InvestmentsStatutoryReserveMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag101" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.189934%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_ValuationAdjustmentsMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag5301" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,304</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_ReserveOfExchangeDifferencesOnTranslationMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag5178" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.189934%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_RetainedEarningsMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag5286" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.96432%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.2735%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_AdditionalDividendsMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag5155" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.96432%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 5.12821%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_EquityAttributableToOwnersOfParentMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag5245" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,304</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.5584%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20211231_NoncontrollingInterestsMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag5186" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">30</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 5.03324%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag5392" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,274</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.854701%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 25.641%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> Actuarial gain of post-employment benefits, net of income taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.60874%; background-color: #cceeff;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> <span style="border-left: none; border-right: none;">26</span>.g<span style="border-left: none; border-right: none;">.1</span> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_IssuedCapitalMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag5348" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.17854%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_EquityInstrumentGrantedMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag6311" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.7037%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_CapitalReserveMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag5541" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.949668%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_TreasurySharesMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag4995" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.93827%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_RevaluationSurplusMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag5550" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.949668%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.7037%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_StatutoryReserveMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag5386" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_InvestmentsStatutoryReserveMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag5543" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.189934%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_ValuationAdjustmentsMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag5019" decimals="-3" scale="3" format="ixt:num-dot-decimal">35,548</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_ReserveOfExchangeDifferencesOnTranslationMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag5319" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.189934%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_RetainedEarningsMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag5579" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.96432%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.2735%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_AdditionalDividendsMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag5" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.96432%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 5.12821%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_EquityAttributableToOwnersOfParentMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag4993" decimals="-3" scale="3" format="ixt:num-dot-decimal">35,548</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.5584%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_NoncontrollingInterestsMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag6261" decimals="-3" scale="3" format="ixt:num-dot-decimal">11,062</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 5.03324%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag5482" decimals="-3" scale="3" format="ixt:num-dot-decimal">46,610</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.854701%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 25.641%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> Currency translation of foreign subsidiaries and the effect of net investments hedge, net of income taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.60874%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> <span style="border-left: none; border-right: none;">26</span>.g<span style="border-left: none; border-right: none;">.2</span> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_IssuedCapitalMember" name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" unitRef="BRL" id="Tag5499" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 4.17854%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_EquityInstrumentGrantedMember" name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" unitRef="BRL" id="Tag6319" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 3.7037%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_CapitalReserveMember" name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" unitRef="BRL" id="Tag5189" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.949668%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_TreasurySharesMember" name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" unitRef="BRL" id="Tag5218" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 4.93827%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_RevaluationSurplusMember" name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" unitRef="BRL" id="Tag5337" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.949668%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 3.7037%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_StatutoryReserveMember" name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" unitRef="BRL" id="Tag5343" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_InvestmentsStatutoryReserveMember" name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" unitRef="BRL" id="Tag6312" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.189934%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_ValuationAdjustmentsMember" name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" unitRef="BRL" id="Tag5562" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_ReserveOfExchangeDifferencesOnTranslationMember" name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" unitRef="BRL" id="Tag5084" decimals="-3" scale="3" format="ixt:num-dot-decimal">73,049</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.189934%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_RetainedEarningsMember" name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" unitRef="BRL" id="Tag5406" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.96432%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 4.2735%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_AdditionalDividendsMember" name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" unitRef="BRL" id="Tag5141" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.96432%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 5.12821%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_EquityAttributableToOwnersOfParentMember" name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" unitRef="BRL" id="Tag5596" decimals="-3" scale="3" format="ixt:num-dot-decimal">73,049</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 4.5584%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_NoncontrollingInterestsMember" name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" unitRef="BRL" id="Tag5258" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 5.03324%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" unitRef="BRL" id="Tag5395" decimals="-3" scale="3" format="ixt:num-dot-decimal">73,049</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.854701%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 25.641%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> Total comprehensive income for the year </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.60874%; background-color: #cceeff;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_IssuedCapitalMember" name="ifrs-full:ComprehensiveIncome" unitRef="BRL" id="Tag77" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.17854%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_EquityInstrumentGrantedMember" name="ifrs-full:ComprehensiveIncome" unitRef="BRL" id="Tag5341" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.7037%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_CapitalReserveMember" name="ifrs-full:ComprehensiveIncome" unitRef="BRL" id="Tag5397" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.949668%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_TreasurySharesMember" name="ifrs-full:ComprehensiveIncome" unitRef="BRL" id="Tag5087" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.93827%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_RevaluationSurplusMember" name="ifrs-full:ComprehensiveIncome" unitRef="BRL" id="Tag5377" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.949668%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.7037%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_StatutoryReserveMember" name="ifrs-full:ComprehensiveIncome" unitRef="BRL" id="Tag5573" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_InvestmentsStatutoryReserveMember" name="ifrs-full:ComprehensiveIncome" unitRef="BRL" id="Tag5576" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.189934%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_ValuationAdjustmentsMember" name="ifrs-full:ComprehensiveIncome" unitRef="BRL" id="Tag4989" decimals="-3" scale="3" format="ixt:num-dot-decimal">42,852</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_ReserveOfExchangeDifferencesOnTranslationMember" name="ifrs-full:ComprehensiveIncome" unitRef="BRL" id="Tag5314" decimals="-3" scale="3" format="ixt:num-dot-decimal">73,049</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.189934%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_RetainedEarningsMember" name="ifrs-full:ComprehensiveIncome" unitRef="BRL" id="Tag5281" decimals="-3" scale="3" format="ixt:num-dot-decimal">850,463</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.96432%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.2735%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_AdditionalDividendsMember" name="ifrs-full:ComprehensiveIncome" unitRef="BRL" id="Tag5076" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.96432%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 5.12821%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_EquityAttributableToOwnersOfParentMember" name="ifrs-full:ComprehensiveIncome" unitRef="BRL" id="Tag5173" decimals="-3" scale="3" format="ixt:num-dot-decimal">966,364</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.5584%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_NoncontrollingInterestsMember" name="ifrs-full:ComprehensiveIncome" unitRef="BRL" id="Tag5254" decimals="-3" scale="3" format="ixt:num-dot-decimal">44,447</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 5.03324%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:ComprehensiveIncome" unitRef="BRL" id="Tag117" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,010,811</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.854701%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 25.641%;">
<p style="margin: 0pt;"><span style="font-size: 7pt; font-family: 'times new roman', times;"> Issuance of shares related to the subscription warrants - indemnification - Extrafarma acquisition </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.60874%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> <span style="border-left: none; border-right: none;">26</span>.d </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_IssuedCapitalMember" name="ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary" unitRef="BRL" id="Tag5500" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.17854%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_EquityInstrumentGrantedMember" name="ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary" unitRef="BRL" id="Tag5078" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.7037%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_CapitalReserveMember" name="ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary" unitRef="BRL" id="Tag5021" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,819</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.949668%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_TreasurySharesMember" name="ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary" unitRef="BRL" id="Tag5028" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.93827%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_RevaluationSurplusMember" name="ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary" unitRef="BRL" id="Tag215" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.949668%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.7037%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_StatutoryReserveMember" name="ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary" unitRef="BRL" id="Tag5570" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_InvestmentsStatutoryReserveMember" name="ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary" unitRef="BRL" id="Tag5509" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.189934%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_ValuationAdjustmentsMember" name="ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary" unitRef="BRL" id="Tag6264" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_ReserveOfExchangeDifferencesOnTranslationMember" name="ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary" unitRef="BRL" id="Tag5205" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.189934%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_RetainedEarningsMember" name="ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary" unitRef="BRL" id="Tag5285" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.96432%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.2735%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_AdditionalDividendsMember" name="ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary" unitRef="BRL" id="Tag4980" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.96432%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 5.12821%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_EquityAttributableToOwnersOfParentMember" name="ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary" unitRef="BRL" id="Tag5063" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,819</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.5584%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_NoncontrollingInterestsMember" name="ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary" unitRef="BRL" id="Tag5324" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 5.03324%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary" unitRef="BRL" id="Tag5539" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,819</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.854701%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 25.641%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> Equity instrument granted </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.60874%; background-color: #cceeff;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> <span style="border-left: none; border-right: none;">26</span>.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_IssuedCapitalMember" name="ugp:IncreaseDecreaseThroughEquityInstrumentGranted" unitRef="BRL" id="Tag5587" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.17854%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_EquityInstrumentGrantedMember" name="ugp:IncreaseDecreaseThroughEquityInstrumentGranted" unitRef="BRL" id="Tag5457" decimals="-3" scale="3" format="ixt:num-dot-decimal">8,008</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.7037%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_CapitalReserveMember" name="ugp:IncreaseDecreaseThroughEquityInstrumentGranted" unitRef="BRL" id="Tag5157" decimals="-3" scale="3" format="ixt:num-dot-decimal">613</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.949668%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_TreasurySharesMember" name="ugp:IncreaseDecreaseThroughEquityInstrumentGranted" unitRef="BRL" id="Tag5374" decimals="-3" scale="3" format="ixt:num-dot-decimal">643</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.93827%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_RevaluationSurplusMember" name="ugp:IncreaseDecreaseThroughEquityInstrumentGranted" unitRef="BRL" id="Tag6315" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.949668%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.7037%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_StatutoryReserveMember" name="ugp:IncreaseDecreaseThroughEquityInstrumentGranted" unitRef="BRL" id="Tag6266" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_InvestmentsStatutoryReserveMember" name="ugp:IncreaseDecreaseThroughEquityInstrumentGranted" unitRef="BRL" id="Tag95" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.189934%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_ValuationAdjustmentsMember" name="ugp:IncreaseDecreaseThroughEquityInstrumentGranted" unitRef="BRL" id="Tag4878" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_ReserveOfExchangeDifferencesOnTranslationMember" name="ugp:IncreaseDecreaseThroughEquityInstrumentGranted" unitRef="BRL" id="Tag5446" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.189934%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_RetainedEarningsMember" name="ugp:IncreaseDecreaseThroughEquityInstrumentGranted" unitRef="BRL" id="Tag4963" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.96432%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.2735%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_AdditionalDividendsMember" name="ugp:IncreaseDecreaseThroughEquityInstrumentGranted" unitRef="BRL" id="Tag6333" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.96432%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 5.12821%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_EquityAttributableToOwnersOfParentMember" name="ugp:IncreaseDecreaseThroughEquityInstrumentGranted" unitRef="BRL" id="Tag5429" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,264</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.5584%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_NoncontrollingInterestsMember" name="ugp:IncreaseDecreaseThroughEquityInstrumentGranted" unitRef="BRL" id="Tag5465" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 5.03324%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_3" name="ugp:IncreaseDecreaseThroughEquityInstrumentGranted" unitRef="BRL" id="Tag5235" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,264</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.854701%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 25.641%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> Equity instrument granted of subsidiaries </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.60874%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> <span style="border-left: none; border-right: none;">26</span>.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_IssuedCapitalMember" name="ifrs-full:IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" unitRef="BRL" id="Tag5311" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.17854%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_EquityInstrumentGrantedMember" name="ifrs-full:IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" unitRef="BRL" id="Tag5399" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,631</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.7037%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_CapitalReserveMember" name="ifrs-full:IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" unitRef="BRL" id="Tag5274" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.949668%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_TreasurySharesMember" name="ifrs-full:IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" unitRef="BRL" id="Tag5158" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.93827%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_RevaluationSurplusMember" name="ifrs-full:IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" unitRef="BRL" id="Tag5163" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.949668%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.7037%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_StatutoryReserveMember" name="ifrs-full:IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" unitRef="BRL" id="Tag6300" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_InvestmentsStatutoryReserveMember" name="ifrs-full:IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" unitRef="BRL" id="Tag83" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.189934%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_ValuationAdjustmentsMember" name="ifrs-full:IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" unitRef="BRL" id="Tag5006" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_ReserveOfExchangeDifferencesOnTranslationMember" name="ifrs-full:IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" unitRef="BRL" id="Tag6267" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.189934%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_RetainedEarningsMember" name="ifrs-full:IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" unitRef="BRL" id="Tag5030" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.96432%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.2735%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_AdditionalDividendsMember" name="ifrs-full:IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" unitRef="BRL" id="Tag5416" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.96432%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 5.12821%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_EquityAttributableToOwnersOfParentMember" name="ifrs-full:IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" unitRef="BRL" id="Tag5224" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,631</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.5584%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_NoncontrollingInterestsMember" name="ifrs-full:IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" unitRef="BRL" id="Tag5375" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 5.03324%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" unitRef="BRL" id="Tag5156" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,631</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.854701%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 25.641%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> Realization of revaluation reserve of subsidiaries </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.60874%; background-color: #cceeff;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> <span style="border-left: none; border-right: none;">26</span>.e </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_IssuedCapitalMember" name="ugp:IncreaseDecreaseThroughRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag74" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.17854%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_EquityInstrumentGrantedMember" name="ugp:IncreaseDecreaseThroughRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag6294" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.7037%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_CapitalReserveMember" name="ugp:IncreaseDecreaseThroughRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag5563" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.949668%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_TreasurySharesMember" name="ugp:IncreaseDecreaseThroughRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag5047" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.93827%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20211231_RevaluationSurplusMember" name="ugp:IncreaseDecreaseThroughRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag5257" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">183</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.949668%; background-color: #cceeff;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.7037%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_StatutoryReserveMember" name="ugp:IncreaseDecreaseThroughRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag5497" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_InvestmentsStatutoryReserveMember" name="ugp:IncreaseDecreaseThroughRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag5353" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.189934%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_ValuationAdjustmentsMember" name="ugp:IncreaseDecreaseThroughRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag5209" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_ReserveOfExchangeDifferencesOnTranslationMember" name="ugp:IncreaseDecreaseThroughRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag5139" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.189934%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_RetainedEarningsMember" name="ugp:IncreaseDecreaseThroughRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag91" decimals="-3" scale="3" format="ixt:num-dot-decimal">183</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.96432%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.2735%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_AdditionalDividendsMember" name="ugp:IncreaseDecreaseThroughRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag6329" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.96432%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 5.12821%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_EquityAttributableToOwnersOfParentMember" name="ugp:IncreaseDecreaseThroughRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag5566" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.5584%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_NoncontrollingInterestsMember" name="ugp:IncreaseDecreaseThroughRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag5067" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 5.03324%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_3" name="ugp:IncreaseDecreaseThroughRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag5016" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.854701%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 25.641%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> Unclaimed dividends forfeited</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.60874%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_IssuedCapitalMember" name="ugp:UnclaimedDividendsForfeited" unitRef="BRL" id="Tag5071" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.17854%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_EquityInstrumentGrantedMember" name="ugp:UnclaimedDividendsForfeited" unitRef="BRL" id="Tag90" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.7037%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_CapitalReserveMember" name="ugp:UnclaimedDividendsForfeited" unitRef="BRL" id="Tag6276" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.949668%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_TreasurySharesMember" name="ugp:UnclaimedDividendsForfeited" unitRef="BRL" id="Tag5433" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.93827%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_RevaluationSurplusMember" name="ugp:UnclaimedDividendsForfeited" unitRef="BRL" id="Tag73" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.949668%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.7037%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_StatutoryReserveMember" name="ugp:UnclaimedDividendsForfeited" unitRef="BRL" id="Tag5379" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_InvestmentsStatutoryReserveMember" name="ugp:UnclaimedDividendsForfeited" unitRef="BRL" id="Tag93" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.189934%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_ValuationAdjustmentsMember" name="ugp:UnclaimedDividendsForfeited" unitRef="BRL" id="Tag5310" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_ReserveOfExchangeDifferencesOnTranslationMember" name="ugp:UnclaimedDividendsForfeited" unitRef="BRL" id="Tag6313" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.189934%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_RetainedEarningsMember" name="ugp:UnclaimedDividendsForfeited" unitRef="BRL" id="Tag5011" decimals="-3" scale="3" format="ixt:num-dot-decimal">10,487</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.96432%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.2735%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_AdditionalDividendsMember" name="ugp:UnclaimedDividendsForfeited" unitRef="BRL" id="Tag5289" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.96432%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 5.12821%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_EquityAttributableToOwnersOfParentMember" name="ugp:UnclaimedDividendsForfeited" unitRef="BRL" id="Tag212" decimals="-3" scale="3" format="ixt:num-dot-decimal">10,487</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.5584%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_NoncontrollingInterestsMember" name="ugp:UnclaimedDividendsForfeited" unitRef="BRL" id="Tag6285" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,329</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 5.03324%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_3" name="ugp:UnclaimedDividendsForfeited" unitRef="BRL" id="Tag89" decimals="-3" scale="3" format="ixt:num-dot-decimal">11,816</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.854701%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 25.641%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 7pt;">Transfer to statutory reserve</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.60874%; background-color: #cceeff;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_IssuedCapitalMember" name="ifrs-full:IncreaseDecreaseThroughTransferToStatutoryReserve" unitRef="BRL" id="Tag5601" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.17854%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_EquityInstrumentGrantedMember" name="ifrs-full:IncreaseDecreaseThroughTransferToStatutoryReserve" unitRef="BRL" id="Tag5390" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.7037%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_CapitalReserveMember" name="ifrs-full:IncreaseDecreaseThroughTransferToStatutoryReserve" unitRef="BRL" id="Tag5591" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.949668%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_TreasurySharesMember" name="ifrs-full:IncreaseDecreaseThroughTransferToStatutoryReserve" unitRef="BRL" id="Tag5260" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.93827%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_RevaluationSurplusMember" name="ifrs-full:IncreaseDecreaseThroughTransferToStatutoryReserve" unitRef="BRL" id="Tag5112" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.949668%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.7037%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_StatutoryReserveMember" name="ifrs-full:IncreaseDecreaseThroughTransferToStatutoryReserve" unitRef="BRL" id="Tag5297" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_InvestmentsStatutoryReserveMember" name="ifrs-full:IncreaseDecreaseThroughTransferToStatutoryReserve" unitRef="BRL" id="Tag5308" decimals="-3" scale="3" format="ixt:num-dot-decimal">11,641</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.189934%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_ValuationAdjustmentsMember" name="ifrs-full:IncreaseDecreaseThroughTransferToStatutoryReserve" unitRef="BRL" id="Tag5204" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_ReserveOfExchangeDifferencesOnTranslationMember" name="ifrs-full:IncreaseDecreaseThroughTransferToStatutoryReserve" unitRef="BRL" id="Tag5195" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.189934%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20211231_RetainedEarningsMember" name="ifrs-full:IncreaseDecreaseThroughTransferToStatutoryReserve" unitRef="BRL" id="Tag5602" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">11,641</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.96432%; background-color: #cceeff;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.2735%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_AdditionalDividendsMember" name="ifrs-full:IncreaseDecreaseThroughTransferToStatutoryReserve" unitRef="BRL" id="Tag5130" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.96432%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 5.12821%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_EquityAttributableToOwnersOfParentMember" name="ifrs-full:IncreaseDecreaseThroughTransferToStatutoryReserve" unitRef="BRL" id="Tag6265" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.5584%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_NoncontrollingInterestsMember" name="ifrs-full:IncreaseDecreaseThroughTransferToStatutoryReserve" unitRef="BRL" id="Tag5554" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 5.03324%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_3" name="ifrs-full:IncreaseDecreaseThroughTransferToStatutoryReserve" unitRef="BRL" id="Tag5241" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.854701%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 25.641%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> Dividends attributable to non-controlling interests </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.60874%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_IssuedCapitalMember" name="ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests" unitRef="BRL" id="Tag4942" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.17854%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_EquityInstrumentGrantedMember" name="ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests" unitRef="BRL" id="Tag6260" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.7037%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_CapitalReserveMember" name="ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests" unitRef="BRL" id="Tag5196" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.949668%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_TreasurySharesMember" name="ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests" unitRef="BRL" id="Tag5493" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.93827%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_RevaluationSurplusMember" name="ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests" unitRef="BRL" id="Tag5075" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.949668%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.7037%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_StatutoryReserveMember" name="ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests" unitRef="BRL" id="Tag5057" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_InvestmentsStatutoryReserveMember" name="ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests" unitRef="BRL" id="Tag6274" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.189934%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_ValuationAdjustmentsMember" name="ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests" unitRef="BRL" id="Tag5335" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_ReserveOfExchangeDifferencesOnTranslationMember" name="ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests" unitRef="BRL" id="Tag5061" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.189934%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_RetainedEarningsMember" name="ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests" unitRef="BRL" id="Tag5381" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.96432%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.2735%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_AdditionalDividendsMember" name="ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests" unitRef="BRL" id="Tag5271" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.96432%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 5.12821%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_EquityAttributableToOwnersOfParentMember" name="ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests" unitRef="BRL" id="Tag4964" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">971</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.5584%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20211231_NoncontrollingInterestsMember" name="ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests" unitRef="BRL" id="Tag5121" decimals="-3" scale="3" format="ixt:num-dot-decimal">19,976</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 5.03324%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests" unitRef="BRL" id="Tag5413" decimals="-3" scale="3" format="ixt:num-dot-decimal">19,005</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.854701%;"><span style="font-size: 7pt;">)</span></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 25.641%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> Approval of additional dividends by the Shareholders&#8217; Meeting </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.60874%; background-color: #cceeff;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> <span style="border-left: none; border-right: none;">26</span>.h </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_IssuedCapitalMember" name="ifrs-full:DividendsRecognisedAsDistributionsToOwnersOfParent" unitRef="BRL" id="Tag5214" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.17854%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_EquityInstrumentGrantedMember" name="ifrs-full:DividendsRecognisedAsDistributionsToOwnersOfParent" unitRef="BRL" id="Tag5036" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.7037%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_CapitalReserveMember" name="ifrs-full:DividendsRecognisedAsDistributionsToOwnersOfParent" unitRef="BRL" id="Tag6270" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.949668%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_TreasurySharesMember" name="ifrs-full:DividendsRecognisedAsDistributionsToOwnersOfParent" unitRef="BRL" id="Tag6306" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.93827%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_RevaluationSurplusMember" name="ifrs-full:DividendsRecognisedAsDistributionsToOwnersOfParent" unitRef="BRL" id="Tag5531" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.949668%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.7037%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_StatutoryReserveMember" name="ifrs-full:DividendsRecognisedAsDistributionsToOwnersOfParent" unitRef="BRL" id="Tag4957" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_InvestmentsStatutoryReserveMember" name="ifrs-full:DividendsRecognisedAsDistributionsToOwnersOfParent" unitRef="BRL" id="Tag5089" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.189934%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_ValuationAdjustmentsMember" name="ifrs-full:DividendsRecognisedAsDistributionsToOwnersOfParent" unitRef="BRL" id="Tag5408" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_ReserveOfExchangeDifferencesOnTranslationMember" name="ifrs-full:DividendsRecognisedAsDistributionsToOwnersOfParent" unitRef="BRL" id="Tag5517" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.189934%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_RetainedEarningsMember" name="ifrs-full:DividendsRecognisedAsDistributionsToOwnersOfParent" unitRef="BRL" id="Tag99" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.96432%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.2735%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20211231_AdditionalDividendsMember" name="ifrs-full:DividendsRecognisedAsDistributionsToOwnersOfParent" unitRef="BRL" id="Tag5137" decimals="-3" scale="3" format="ixt:num-dot-decimal">55,391</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.96432%; background-color: #cceeff;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 5.12821%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20211231_EquityAttributableToOwnersOfParentMember" name="ifrs-full:DividendsRecognisedAsDistributionsToOwnersOfParent" unitRef="BRL" id="Tag94" decimals="-3" scale="3" format="ixt:num-dot-decimal">55,391</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.5584%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_NoncontrollingInterestsMember" name="ifrs-full:DividendsRecognisedAsDistributionsToOwnersOfParent" unitRef="BRL" id="Tag5302" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 5.03324%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:DividendsRecognisedAsDistributionsToOwnersOfParent" unitRef="BRL" id="Tag4977" decimals="-3" scale="3" format="ixt:num-dot-decimal">55,391</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.854701%; background-color: #cceeff;"><span style="font-size: 7pt;">)</span></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 25.641%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> Allocation of net income: </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.60874%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.17854%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.7037%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.949668%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.93827%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.949668%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.7037%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.189934%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.189934%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.96432%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.2735%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.96432%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 5.12821%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.5584%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 5.03324%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.854701%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 25.641%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> Legal reserve </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.60874%; background-color: #cceeff;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> <span style="border-left: none; border-right: none;">26</span>.f; <span style="border-left: none; border-right: none;">26</span>.h </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_IssuedCapitalMember" name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity" unitRef="BRL" id="Tag5240" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.17854%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_EquityInstrumentGrantedMember" name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity" unitRef="BRL" id="Tag5428" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.7037%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_CapitalReserveMember" name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity" unitRef="BRL" id="Tag6259" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.949668%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_TreasurySharesMember" name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity" unitRef="BRL" id="Tag5411" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.93827%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_RevaluationSurplusMember" name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity" unitRef="BRL" id="Tag4944" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.949668%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.7037%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_StatutoryReserveMember" name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity" unitRef="BRL" id="Tag5003" decimals="-3" scale="3" format="ixt:num-dot-decimal">42,523</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_InvestmentsStatutoryReserveMember" name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity" unitRef="BRL" id="Tag5378" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.189934%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_ValuationAdjustmentsMember" name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity" unitRef="BRL" id="Tag5066" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_ReserveOfExchangeDifferencesOnTranslationMember" name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity" unitRef="BRL" id="Tag5014" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.189934%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20211231_RetainedEarningsMember" name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity" unitRef="BRL" id="Tag5298" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">42,523</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.96432%; background-color: #cceeff;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.2735%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_AdditionalDividendsMember" name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity" unitRef="BRL" id="Tag5072" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.96432%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 5.12821%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_EquityAttributableToOwnersOfParentMember" name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity" unitRef="BRL" id="Tag5242" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.5584%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_NoncontrollingInterestsMember" name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity" unitRef="BRL" id="Tag5519" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 5.03324%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_3" name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity" unitRef="BRL" id="Tag4987" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.854701%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 25.641%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> Investments statutory reserve </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.60874%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> <span style="border-left: none; border-right: none;">26</span>.f; <span style="border-left: none; border-right: none;">26</span>.h </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_IssuedCapitalMember" name="ugp:IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve" unitRef="BRL" id="Tag5524" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.17854%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_EquityInstrumentGrantedMember" name="ugp:IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve" unitRef="BRL" id="Tag5022" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.7037%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_CapitalReserveMember" name="ugp:IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve" unitRef="BRL" id="Tag5082" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.949668%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_TreasurySharesMember" name="ugp:IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve" unitRef="BRL" id="Tag5423" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.93827%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_RevaluationSurplusMember" name="ugp:IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve" unitRef="BRL" id="Tag6277" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.949668%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.7037%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_StatutoryReserveMember" name="ugp:IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve" unitRef="BRL" id="Tag6284" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_InvestmentsStatutoryReserveMember" name="ugp:IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve" unitRef="BRL" id="Tag5145" decimals="-3" scale="3" format="ixt:num-dot-decimal">403,970</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.189934%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_ValuationAdjustmentsMember" name="ugp:IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve" unitRef="BRL" id="Tag5165" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_ReserveOfExchangeDifferencesOnTranslationMember" name="ugp:IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve" unitRef="BRL" id="Tag5355" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.189934%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20211231_RetainedEarningsMember" name="ugp:IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve" unitRef="BRL" id="Tag5116" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">403,970</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.96432%;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.2735%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_AdditionalDividendsMember" name="ugp:IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve" unitRef="BRL" id="Tag5427" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.96432%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 5.12821%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_EquityAttributableToOwnersOfParentMember" name="ugp:IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve" unitRef="BRL" id="Tag5364" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.5584%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_NoncontrollingInterestsMember" name="ugp:IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve" unitRef="BRL" id="Tag5126" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 5.03324%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_3" name="ugp:IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve" unitRef="BRL" id="Tag5167" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.854701%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 25.641%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span> Proposed dividends (R$ <ix:nonFraction contextRef="D20211231_3" name="ugp:ProposedDividendsPerShare" unitRef="BRLPerShare" id="Tag5268" decimals="2" format="ixt:num-dot-decimal">0.17</ix:nonFraction> per share) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.60874%; background-color: #cceeff;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> <span style="border-left: none; border-right: none;">26</span>.h </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_IssuedCapitalMember" name="ugp:ProposedDividends" unitRef="BRL" id="Tag213" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.17854%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_EquityInstrumentGrantedMember" name="ugp:ProposedDividends" unitRef="BRL" id="Tag5398" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.7037%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_CapitalReserveMember" name="ugp:ProposedDividends" unitRef="BRL" id="Tag6299" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.949668%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_TreasurySharesMember" name="ugp:ProposedDividends" unitRef="BRL" id="Tag5536" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.93827%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_RevaluationSurplusMember" name="ugp:ProposedDividends" unitRef="BRL" id="Tag5492" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.949668%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.7037%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_StatutoryReserveMember" name="ugp:ProposedDividends" unitRef="BRL" id="Tag5273" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_InvestmentsStatutoryReserveMember" name="ugp:ProposedDividends" unitRef="BRL" id="Tag5498" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.189934%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_ValuationAdjustmentsMember" name="ugp:ProposedDividends" unitRef="BRL" id="Tag5225" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_ReserveOfExchangeDifferencesOnTranslationMember" name="ugp:ProposedDividends" unitRef="BRL" id="Tag4968" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.189934%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20211231_RetainedEarningsMember" name="ugp:ProposedDividends" unitRef="BRL" id="Tag5279" decimals="-3" scale="3" format="ixt:num-dot-decimal">185,896</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.96432%; background-color: #cceeff;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.2735%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_AdditionalDividendsMember" name="ugp:ProposedDividends" unitRef="BRL" id="Tag5140" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.96432%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 5.12821%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20211231_EquityAttributableToOwnersOfParentMember" name="ugp:ProposedDividends" unitRef="BRL" id="Tag6268" decimals="-3" scale="3" format="ixt:num-dot-decimal">185,896</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 4.5584%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_NoncontrollingInterestsMember" name="ugp:ProposedDividends" unitRef="BRL" id="Tag222" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 5.03324%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ugp:ProposedDividends" unitRef="BRL" id="Tag5059" decimals="-3" scale="3" format="ixt:num-dot-decimal">185,896</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.854701%; background-color: #cceeff;"><span style="font-size: 7pt;">)</span></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 25.641%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span> Intermediary dividends (R$ <ix:nonFraction contextRef="D20211231_3" name="ugp:InterimDividendsPerShare" unitRef="BRLPerShare" id="Tag5041" decimals="2" format="ixt:num-dot-decimal">0.20</ix:nonFraction> per share) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.60874%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> <span style="border-left: none; border-right: none;">26</span>.h </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_IssuedCapitalMember" name="ugp:InterimDividends" unitRef="BRL" id="Tag5027" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 4.17854%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_EquityInstrumentGrantedMember" name="ugp:InterimDividends" unitRef="BRL" id="Tag5168" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 3.7037%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_CapitalReserveMember" name="ugp:InterimDividends" unitRef="BRL" id="Tag4943" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.949668%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_TreasurySharesMember" name="ugp:InterimDividends" unitRef="BRL" id="Tag5306" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 4.93827%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_RevaluationSurplusMember" name="ugp:InterimDividends" unitRef="BRL" id="Tag5128" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.949668%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 3.7037%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_StatutoryReserveMember" name="ugp:InterimDividends" unitRef="BRL" id="Tag5317" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_InvestmentsStatutoryReserveMember" name="ugp:InterimDividends" unitRef="BRL" id="Tag67" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.189934%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_ValuationAdjustmentsMember" name="ugp:InterimDividends" unitRef="BRL" id="Tag5534" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_ReserveOfExchangeDifferencesOnTranslationMember" name="ugp:InterimDividends" unitRef="BRL" id="Tag5515" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.189934%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20211231_RetainedEarningsMember" name="ugp:InterimDividends" unitRef="BRL" id="Tag5051" decimals="-3" scale="3" format="ixt:num-dot-decimal">218,074</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.96432%;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 4.2735%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_AdditionalDividendsMember" name="ugp:InterimDividends" unitRef="BRL" id="Tag5571" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.96432%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 5.12821%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20211231_EquityAttributableToOwnersOfParentMember" name="ugp:InterimDividends" unitRef="BRL" id="Tag4997" decimals="-3" scale="3" format="ixt:num-dot-decimal">218,074</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 4.5584%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_NoncontrollingInterestsMember" name="ugp:InterimDividends" unitRef="BRL" id="Tag6321" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 5.03324%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ugp:InterimDividends" unitRef="BRL" id="Tag5228" decimals="-3" scale="3" format="ixt:num-dot-decimal">218,074</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.854701%;"><span style="font-size: 7pt;">)</span></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 25.641%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> Balance as of December 31, 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 3.60874%; background-color: #cceeff;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20211231_IssuedCapitalMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag6269" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,171,752</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; width: 4.17854%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20211231_EquityInstrumentGrantedMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag6271" decimals="-3" scale="3" format="ixt:num-dot-decimal">34,043</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; width: 3.7037%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20211231_CapitalReserveMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5185" decimals="-3" scale="3" format="ixt:num-dot-decimal">596,481</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.949668%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="I20211231_TreasurySharesMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5162" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">488,425</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; width: 4.93827%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20211231_RevaluationSurplusMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5344" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,154</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.949668%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; width: 3.7037%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20211231_StatutoryReserveMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5211" decimals="-3" scale="3" format="ixt:num-dot-decimal">792,533</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.2849%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20211231_InvestmentsStatutoryReserveMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag6290" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,073,876</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.189934%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="I20211231_ValuationAdjustmentsMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5064" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">422,138</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; width: 4.74834%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20211231_ReserveOfExchangeDifferencesOnTranslationMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5247" decimals="-3" scale="3" format="ixt:num-dot-decimal">304,645</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.189934%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; width: 3.89364%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span>&#160;<ix:nonFraction contextRef="I20211231_RetainedEarningsMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5164" xsi:nil="true"></ix:nonFraction>-&#160;</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.96432%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; width: 4.2735%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="I20211231_AdditionalDividendsMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5039" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.96432%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; width: 5.12821%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20211231_EquityAttributableToOwnersOfParentMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5494" decimals="-3" scale="3" format="ixt:num-dot-decimal">10,066,921</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; width: 4.5584%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20211231_NoncontrollingInterestsMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5567" decimals="-3" scale="3" format="ixt:num-dot-decimal">402,319</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.379867%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; width: 5.03324%; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:Equity" unitRef="BRL" id="Tag5194" decimals="-3" scale="3" format="ixt:num-dot-decimal">10,469,240</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 0.854701%; background-color: #cceeff;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The accompanying notes are an integral part of the </span><span style="font-family: 'Times New Roman';">consolidated </span><span style="font-family: 'Times New Roman';">financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<div>
<div id="t_ft_J4S5Z1XG7K00000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-11</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ultrapar Participa&#231;&#245;es S.A. and Subsidiaries</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Consolidated </span><span style="font-family: 'Times New Roman';">Statements of Changes in Equity</span></span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">For </span><span style="font-family: 'Times New Roman'; font-weight: bold;">the </span><span style="font-family: 'Times New Roman'; font-weight: bold;">years</span><span style="font-family: 'Times New Roman'; font-weight: bold;"> </span><span style="font-family: 'Times New Roman'; font-weight: bold;">e</span><span style="font-family: 'Times New Roman'; font-weight: bold;">nded </span><span style="font-family: 'Times New Roman'; font-weight: bold;">December</span><span style="font-family: 'Times New Roman'; font-weight: bold;"> 3</span><span>1</span><span>, 202</span><span>1</span><span style="font-family: 'Times New Roman'; font-weight: bold;">,</span><span> 20</span><span>20</span><span> and 2019</span></span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">(In thousands of Brazilian Reais, except dividends per share)</span></p>
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">&#160;</span></p>
<div id="t_ft_BYI73SREPS00000000000000000000b">
<table cellpadding="0" style="height: 240px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px;" width="100%">
<tbody>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 10px; width: 8.41584%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin: 0px; height: 10px; width: 2.9703%; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin: 0px; height: 10px; width: 4.70297%; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin: 0px; height: 10px; width: 0.123762%; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin: 0px; height: 10px; width: 0.49505%; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin: 0px; height: 10px; width: 5.56931%; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin: 0px; height: 10px; width: 0.123762%; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin: 0px; height: 10px; width: 0.49505%; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin: 0px; height: 10px; width: 3.83663%; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin: 0px; height: 10px; width: 1.23762%; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin: 0px; height: 10px; width: 0.371287%; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin: 0px; height: 10px; width: 4.57921%; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin: 0px; height: 10px; width: 0.49505%; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin: 0px; height: 10px; width: 0.49505%; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin: 0px; height: 10px; width: 6.18812%; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin: 0px; height: 10px; width: 1.23762%; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin: 0px; height: 10px; width: 0.49505%; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="4" style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin: 0px; height: 10px; width: 12.3762%; text-indent: 0px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> Profit reserve </span></p>
</td>
<td style="border-bottom: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; background-color: #ffffff; margin: 0px; height: 10px; width: 0.49505%; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin: 0px; height: 10px; width: 0.371287%; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin: 0px; height: 10px; width: 6.18812%; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin: 0px; height: 10px; width: 0.618812%; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin: 0px; height: 10px; width: 0.371287%; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin: 0px; height: 10px; width: 6.18812%; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin: 0px; height: 10px; width: 0.123762%; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin: 0px; height: 10px; width: 0.371287%; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin: 0px; height: 10px; width: 4.57921%; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin: 0px; height: 10px; width: 0.49505%; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin: 0px; height: 10px; width: 0.371287%; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin: 0px; height: 10px; width: 5.56931%; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin: 0px; height: 10px; width: 0.49505%; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin: 0px; height: 10px; width: 0.371287%; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="4" style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin: 0px; height: 10px; width: 13.6139%; text-indent: 0px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> Equity attributable to: </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin: 0px; height: 10px; width: 1.23762%; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin: 0px; height: 10px; width: 0.49505%; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin: 0px; height: 10px; width: 6.55941%; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin: 0px; height: 10px; width: 1.11386%; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 8.41584%;">
<p style="margin: 0pt;"><span style="color: #0563c1; font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 2.9703%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> Note </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.70297%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> Share capital </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.56931%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> Equity instrument granted </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.83663%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> Capital reserve </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.57921%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> Treasury shares </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> Revaluation reserve on subsidiaries </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.83663%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> Legal reserve </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.06436%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> Investments statutory reserve </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> Other reserves</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.618812%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> Cumulative translation adjustments </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.57921%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> Retained earnings </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.56931%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> Additional dividends to the minimum mandatory dividends </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.68317%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> Shareholders of the Company </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.94059%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> Non-controlling interests in subsidiaries </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.55941%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> Consolidated equity </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11386%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 8.41584%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> Balance as of December 31, 2019 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 2.9703%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.70297%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20191231_IssuedCapitalMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5234" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,171,752</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.56931%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20191231_EquityInstrumentGrantedMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5206" decimals="-3" scale="3" format="ixt:num-dot-decimal">11,970</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.83663%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20191231_CapitalReserveMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5597" decimals="-3" scale="3" format="ixt:num-dot-decimal">542,400</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.57921%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="I20191231_TreasurySharesMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5347" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">485,383</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20191231_RevaluationSurplusMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5134" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,522</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.83663%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20191231_StatutoryReserveMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5592" decimals="-3" scale="3" format="ixt:num-dot-decimal">705,341</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.06436%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20191231_InvestmentsStatutoryReserveMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag6316" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,290,073</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="I20191231_ValuationAdjustmentsMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5595" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">146,317</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.618812%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20191231_ReserveOfExchangeDifferencesOnTranslationMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5520" decimals="-3" scale="3" format="ixt:num-dot-decimal">102,427</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.57921%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20191231_RetainedEarningsMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5295" xsi:nil="true"></ix:nonFraction>-&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.56931%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20191231_AdditionalDividendsMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5200" decimals="-3" scale="3" format="ixt:num-dot-decimal">261,470</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.68317%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20191231_EquityAttributableToOwnersOfParentMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag219" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,458,255</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.94059%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20191231_NoncontrollingInterestsMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag6291" decimals="-3" scale="3" format="ixt:num-dot-decimal">376,920</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.55941%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20191231" name="ifrs-full:Equity" unitRef="BRL" id="Tag4945" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,835,175</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11386%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 8.41584%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> Net income for the year </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 2.9703%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.70297%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20201231_IssuedCapitalMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag4975" xsi:nil="true"></ix:nonFraction>-&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.56931%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20201231_EquityInstrumentGrantedMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag5473" xsi:nil="true"></ix:nonFraction>-&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.83663%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20201231_CapitalReserveMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag224" xsi:nil="true"></ix:nonFraction>-&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.57921%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20201231_TreasurySharesMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag5418" xsi:nil="true"></ix:nonFraction>-&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20201231_RevaluationSurplusMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag5179" xsi:nil="true"></ix:nonFraction>-&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.83663%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20201231_StatutoryReserveMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag5521" xsi:nil="true"></ix:nonFraction>-&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.06436%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20201231_InvestmentsStatutoryReserveMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag5547" xsi:nil="true"></ix:nonFraction>-&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20201231_ValuationAdjustmentsMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag5065" xsi:nil="true"></ix:nonFraction>-&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.618812%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20201231_ReserveOfExchangeDifferencesOnTranslationMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag5365" xsi:nil="true"></ix:nonFraction>-&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.57921%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20201231_RetainedEarningsMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag5296" decimals="-3" scale="3" format="ixt:num-dot-decimal">893,383</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.56931%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20201231_AdditionalDividendsMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag5552" xsi:nil="true"></ix:nonFraction>-&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.68317%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20201231_EquityAttributableToOwnersOfParentMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag6286" decimals="-3" scale="3" format="ixt:num-dot-decimal">893,383</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.94059%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20201231_NoncontrollingInterestsMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag5608" decimals="-3" scale="3" format="ixt:num-dot-decimal">34,314</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.55941%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag5074" decimals="-3" scale="3" format="ixt:num-dot-decimal">927,697</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11386%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 8.41584%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> Other comprehensive income: </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 2.9703%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.70297%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.56931%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.83663%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.57921%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.83663%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.06436%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.618812%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.57921%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.56931%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.68317%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.94059%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.55941%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11386%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 8.41584%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> Fair value adjustments of available for financial instruments, net of income taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 2.9703%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> <span style="border-left: none; border-right: none;">26</span>.g<span style="border-left: none; border-right: none;">.1</span> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.70297%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_IssuedCapitalMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag4986" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.56931%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_EquityInstrumentGrantedMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag5360" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.83663%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_CapitalReserveMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag4998" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.57921%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_TreasurySharesMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag6324" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_RevaluationSurplusMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag5565" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.83663%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_StatutoryReserveMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag5514" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.06436%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_InvestmentsStatutoryReserveMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag6304" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20201231_ValuationAdjustmentsMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag5452" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">313,081</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.618812%; margin: 0px; text-indent: 0px;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_ReserveOfExchangeDifferencesOnTranslationMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag6295" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.57921%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_RetainedEarningsMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag5345" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.56931%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_AdditionalDividendsMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag5356" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.68317%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20201231_EquityAttributableToOwnersOfParentMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag5029" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">313,081</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.94059%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_NoncontrollingInterestsMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag5013" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.55941%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag5582" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">313,081</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11386%; margin: 0px; text-indent: 0px;"><span style="font-size: 7pt;">)</span></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 8.41584%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> Actuarial losses of post-employment benefits, net of income taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 2.9703%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> <span style="border-left: none; border-right: none;">26</span>.g<span style="border-left: none; border-right: none;">.1</span> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.70297%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_IssuedCapitalMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag5174" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.56931%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_EquityInstrumentGrantedMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag6296" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.83663%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_CapitalReserveMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag5111" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.57921%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_TreasurySharesMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag5352" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_RevaluationSurplusMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag6297" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.83663%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_StatutoryReserveMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag4967" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.06436%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_InvestmentsStatutoryReserveMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag4969" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20201231_ValuationAdjustmentsMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag5276" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">5,592</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.618812%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_ReserveOfExchangeDifferencesOnTranslationMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag5371" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.57921%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_RetainedEarningsMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag5444" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.56931%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_AdditionalDividendsMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag5537" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.68317%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20201231_EquityAttributableToOwnersOfParentMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag5246" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">5,592</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.94059%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20201231_NoncontrollingInterestsMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag6310" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">11,295</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.55941%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag6281" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">16,887</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11386%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><span style="font-size: 7pt;">)</span></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 8.41584%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> Currency translation of foreign subsidiaries, including the effect of net investments hedge </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 2.9703%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> <span style="border-left: none; border-right: none;">26</span>.g<span style="border-left: none; border-right: none;">.2</span> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; width: 4.70297%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_IssuedCapitalMember" name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" unitRef="BRL" id="Tag4985" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; width: 5.56931%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_EquityInstrumentGrantedMember" name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" unitRef="BRL" id="Tag5532" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; width: 3.83663%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_CapitalReserveMember" name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" unitRef="BRL" id="Tag5604" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; width: 4.57921%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_TreasurySharesMember" name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" unitRef="BRL" id="Tag5434" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_RevaluationSurplusMember" name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" unitRef="BRL" id="Tag5458" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; width: 3.83663%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_StatutoryReserveMember" name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" unitRef="BRL" id="Tag5093" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; width: 6.06436%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_InvestmentsStatutoryReserveMember" name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" unitRef="BRL" id="Tag5106" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_ValuationAdjustmentsMember" name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" unitRef="BRL" id="Tag5512" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.618812%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20201231_ReserveOfExchangeDifferencesOnTranslationMember" name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" unitRef="BRL" id="Tag5132" decimals="-3" scale="3" format="ixt:num-dot-decimal">129,169</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; width: 4.57921%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_RetainedEarningsMember" name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" unitRef="BRL" id="Tag5090" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; width: 5.56931%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_AdditionalDividendsMember" name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" unitRef="BRL" id="Tag5103" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; width: 6.68317%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20201231_EquityAttributableToOwnersOfParentMember" name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" unitRef="BRL" id="Tag4996" decimals="-3" scale="3" format="ixt:num-dot-decimal">129,169</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; width: 5.94059%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_NoncontrollingInterestsMember" name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" unitRef="BRL" id="Tag5503" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; width: 6.55941%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" unitRef="BRL" id="Tag5023" decimals="-3" scale="3" format="ixt:num-dot-decimal">129,169</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11386%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 8.41584%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-size: 7pt; font-family: 'times new roman', times;"> Total comprehensive income for the year </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 2.9703%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.70297%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_IssuedCapitalMember" name="ifrs-full:ComprehensiveIncome" unitRef="BRL" id="Tag5555" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.56931%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_EquityInstrumentGrantedMember" name="ifrs-full:ComprehensiveIncome" unitRef="BRL" id="Tag5466" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.83663%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_CapitalReserveMember" name="ifrs-full:ComprehensiveIncome" unitRef="BRL" id="Tag71" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.57921%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_TreasurySharesMember" name="ifrs-full:ComprehensiveIncome" unitRef="BRL" id="Tag5574" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_RevaluationSurplusMember" name="ifrs-full:ComprehensiveIncome" unitRef="BRL" id="Tag5495" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.83663%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_StatutoryReserveMember" name="ifrs-full:ComprehensiveIncome" unitRef="BRL" id="Tag5351" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.06436%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_InvestmentsStatutoryReserveMember" name="ifrs-full:ComprehensiveIncome" unitRef="BRL" id="Tag100" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20201231_ValuationAdjustmentsMember" name="ifrs-full:ComprehensiveIncome" unitRef="BRL" id="Tag5376" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">318,673</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.618812%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20201231_ReserveOfExchangeDifferencesOnTranslationMember" name="ifrs-full:ComprehensiveIncome" unitRef="BRL" id="Tag5405" decimals="-3" scale="3" format="ixt:num-dot-decimal">129,169</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.57921%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20201231_RetainedEarningsMember" name="ifrs-full:ComprehensiveIncome" unitRef="BRL" id="Tag5287" decimals="-3" scale="3" format="ixt:num-dot-decimal">893,383</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.56931%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_AdditionalDividendsMember" name="ifrs-full:ComprehensiveIncome" unitRef="BRL" id="Tag5035" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.68317%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20201231_EquityAttributableToOwnersOfParentMember" name="ifrs-full:ComprehensiveIncome" unitRef="BRL" id="Tag6325" decimals="-3" scale="3" format="ixt:num-dot-decimal">703,879</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.94059%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20201231_NoncontrollingInterestsMember" name="ifrs-full:ComprehensiveIncome" unitRef="BRL" id="Tag5227" decimals="-3" scale="3" format="ixt:num-dot-decimal">23,019</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.55941%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:ComprehensiveIncome" unitRef="BRL" id="Tag54" decimals="-3" scale="3" format="ixt:num-dot-decimal">726,898</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11386%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 8.41584%;">
<p style="margin: 0pt;"><span style="font-size: 7pt; font-family: 'times new roman', times;"> Issuance of shares related to the subscription warrants - indemnification - Extrafarma acquisition </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 2.9703%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> <span style="border-left: none; border-right: none;">26</span>.d </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.70297%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_IssuedCapitalMember" name="ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary" unitRef="BRL" id="Tag5060" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.56931%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_EquityInstrumentGrantedMember" name="ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary" unitRef="BRL" id="Tag5127" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.83663%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20201231_CapitalReserveMember" name="ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary" unitRef="BRL" id="Tag4992" decimals="-3" scale="3" format="ixt:num-dot-decimal">54,763</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.57921%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_TreasurySharesMember" name="ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary" unitRef="BRL" id="Tag5487" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_RevaluationSurplusMember" name="ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary" unitRef="BRL" id="Tag4951" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.83663%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_StatutoryReserveMember" name="ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary" unitRef="BRL" id="Tag5055" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.06436%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_InvestmentsStatutoryReserveMember" name="ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary" unitRef="BRL" id="Tag5213" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_ValuationAdjustmentsMember" name="ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary" unitRef="BRL" id="Tag5131" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.618812%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_ReserveOfExchangeDifferencesOnTranslationMember" name="ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary" unitRef="BRL" id="Tag4950" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.57921%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_RetainedEarningsMember" name="ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary" unitRef="BRL" id="Tag5102" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.56931%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_AdditionalDividendsMember" name="ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary" unitRef="BRL" id="Tag5449" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.68317%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20201231_EquityAttributableToOwnersOfParentMember" name="ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary" unitRef="BRL" id="Tag5058" decimals="-3" scale="3" format="ixt:num-dot-decimal">54,763</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.94059%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_NoncontrollingInterestsMember" name="ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary" unitRef="BRL" id="Tag5034" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.55941%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary" unitRef="BRL" id="Tag5166" decimals="-3" scale="3" format="ixt:num-dot-decimal">54,763</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11386%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 8.41584%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> Stock plan </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 2.9703%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> <span style="border-left: none; border-right: none;">9</span>.c </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.70297%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_IssuedCapitalMember" name="ugp:IncreaseDecreaseThroughStockPlans" unitRef="BRL" id="Tag5086" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.56931%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_EquityInstrumentGrantedMember" name="ugp:IncreaseDecreaseThroughStockPlans" unitRef="BRL" id="Tag5461" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.83663%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20201231_CapitalReserveMember" name="ugp:IncreaseDecreaseThroughStockPlans" unitRef="BRL" id="Tag5403" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">3,114</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.57921%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20201231_TreasurySharesMember" name="ugp:IncreaseDecreaseThroughStockPlans" unitRef="BRL" id="Tag5502" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">3,685</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_RevaluationSurplusMember" name="ugp:IncreaseDecreaseThroughStockPlans" unitRef="BRL" id="Tag5307" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.83663%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_StatutoryReserveMember" name="ugp:IncreaseDecreaseThroughStockPlans" unitRef="BRL" id="Tag6275" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.06436%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_InvestmentsStatutoryReserveMember" name="ugp:IncreaseDecreaseThroughStockPlans" unitRef="BRL" id="Tag6334" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_ValuationAdjustmentsMember" name="ugp:IncreaseDecreaseThroughStockPlans" unitRef="BRL" id="Tag221" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.618812%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_ReserveOfExchangeDifferencesOnTranslationMember" name="ugp:IncreaseDecreaseThroughStockPlans" unitRef="BRL" id="Tag4947" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.57921%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_RetainedEarningsMember" name="ugp:IncreaseDecreaseThroughStockPlans" unitRef="BRL" id="Tag5396" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.56931%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_AdditionalDividendsMember" name="ugp:IncreaseDecreaseThroughStockPlans" unitRef="BRL" id="Tag6302" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.68317%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20201231_EquityAttributableToOwnersOfParentMember" name="ugp:IncreaseDecreaseThroughStockPlans" unitRef="BRL" id="Tag5584" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">6,799</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.94059%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_NoncontrollingInterestsMember" name="ugp:IncreaseDecreaseThroughStockPlans" unitRef="BRL" id="Tag5238" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.55941%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ugp:IncreaseDecreaseThroughStockPlans" unitRef="BRL" id="Tag5171" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">6,799</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11386%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><span style="font-size: 7pt;">)</span></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 8.41584%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> Equity instrument granted </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 2.9703%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> <span style="border-left: none; border-right: none;">26</span>.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.70297%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_IssuedCapitalMember" name="ugp:IncreaseDecreaseThroughEquityInstrumentGranted" unitRef="BRL" id="Tag5315" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.56931%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20201231_EquityInstrumentGrantedMember" name="ugp:IncreaseDecreaseThroughEquityInstrumentGranted" unitRef="BRL" id="Tag4692" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,526</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.83663%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_CapitalReserveMember" name="ugp:IncreaseDecreaseThroughEquityInstrumentGranted" unitRef="BRL" id="Tag5244" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.57921%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_TreasurySharesMember" name="ugp:IncreaseDecreaseThroughEquityInstrumentGranted" unitRef="BRL" id="Tag5578" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_RevaluationSurplusMember" name="ugp:IncreaseDecreaseThroughEquityInstrumentGranted" unitRef="BRL" id="Tag5340" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.83663%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_StatutoryReserveMember" name="ugp:IncreaseDecreaseThroughEquityInstrumentGranted" unitRef="BRL" id="Tag4991" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.06436%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_InvestmentsStatutoryReserveMember" name="ugp:IncreaseDecreaseThroughEquityInstrumentGranted" unitRef="BRL" id="Tag5384" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_ValuationAdjustmentsMember" name="ugp:IncreaseDecreaseThroughEquityInstrumentGranted" unitRef="BRL" id="Tag5580" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.618812%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_ReserveOfExchangeDifferencesOnTranslationMember" name="ugp:IncreaseDecreaseThroughEquityInstrumentGranted" unitRef="BRL" id="Tag5469" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.57921%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_RetainedEarningsMember" name="ugp:IncreaseDecreaseThroughEquityInstrumentGranted" unitRef="BRL" id="Tag5338" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.56931%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_AdditionalDividendsMember" name="ugp:IncreaseDecreaseThroughEquityInstrumentGranted" unitRef="BRL" id="Tag5169" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.68317%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20201231_EquityAttributableToOwnersOfParentMember" name="ugp:IncreaseDecreaseThroughEquityInstrumentGranted" unitRef="BRL" id="Tag6278" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,526</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.94059%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_NoncontrollingInterestsMember" name="ugp:IncreaseDecreaseThroughEquityInstrumentGranted" unitRef="BRL" id="Tag4970" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.55941%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20201231_3" name="ugp:IncreaseDecreaseThroughEquityInstrumentGranted" unitRef="BRL" id="Tag5095" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,526</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11386%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 8.41584%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> Equity instrument granted of subsidiaries </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 2.9703%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> <span style="border-left: none; border-right: none;">26</span>.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.70297%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_IssuedCapitalMember" name="ifrs-full:IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" unitRef="BRL" id="Tag5400" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.56931%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20201231_EquityInstrumentGrantedMember" name="ifrs-full:IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" unitRef="BRL" id="Tag6289" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,908</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.83663%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_CapitalReserveMember" name="ifrs-full:IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" unitRef="BRL" id="Tag5050" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.57921%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_TreasurySharesMember" name="ifrs-full:IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" unitRef="BRL" id="Tag5551" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_RevaluationSurplusMember" name="ifrs-full:IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" unitRef="BRL" id="Tag5455" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.83663%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_StatutoryReserveMember" name="ifrs-full:IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" unitRef="BRL" id="Tag5609" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.06436%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_InvestmentsStatutoryReserveMember" name="ifrs-full:IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" unitRef="BRL" id="Tag5349" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_ValuationAdjustmentsMember" name="ifrs-full:IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" unitRef="BRL" id="Tag5401" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.618812%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_ReserveOfExchangeDifferencesOnTranslationMember" name="ifrs-full:IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" unitRef="BRL" id="Tag5445" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.57921%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_RetainedEarningsMember" name="ifrs-full:IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" unitRef="BRL" id="Tag5015" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.56931%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_AdditionalDividendsMember" name="ifrs-full:IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" unitRef="BRL" id="Tag5599" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.68317%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20201231_EquityAttributableToOwnersOfParentMember" name="ifrs-full:IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" unitRef="BRL" id="Tag4971" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,908</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.94059%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_NoncontrollingInterestsMember" name="ifrs-full:IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" unitRef="BRL" id="Tag5581" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.55941%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" unitRef="BRL" id="Tag4983" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,908</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11386%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 8.41584%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> Income and social contribution taxes on realization of revaluation reserve of subsidiaries </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 2.9703%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> <span style="border-left: none; border-right: none;">26</span>.e </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.70297%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_IssuedCapitalMember" name="ugp:IncreaseDecreaseThroughIncomeAndSocialContributionTaxesOnRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag6330" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.56931%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_EquityInstrumentGrantedMember" name="ugp:IncreaseDecreaseThroughIncomeAndSocialContributionTaxesOnRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag5367" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.83663%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_CapitalReserveMember" name="ugp:IncreaseDecreaseThroughIncomeAndSocialContributionTaxesOnRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag5481" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.57921%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_TreasurySharesMember" name="ugp:IncreaseDecreaseThroughIncomeAndSocialContributionTaxesOnRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag5135" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20201231_RevaluationSurplusMember" name="ugp:IncreaseDecreaseThroughIncomeAndSocialContributionTaxesOnRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag5129" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">185</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.83663%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_StatutoryReserveMember" name="ugp:IncreaseDecreaseThroughIncomeAndSocialContributionTaxesOnRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag5404" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.06436%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_InvestmentsStatutoryReserveMember" name="ugp:IncreaseDecreaseThroughIncomeAndSocialContributionTaxesOnRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag5491" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_ValuationAdjustmentsMember" name="ugp:IncreaseDecreaseThroughIncomeAndSocialContributionTaxesOnRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag5300" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.618812%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_ReserveOfExchangeDifferencesOnTranslationMember" name="ugp:IncreaseDecreaseThroughIncomeAndSocialContributionTaxesOnRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag5232" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.57921%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20201231_RetainedEarningsMember" name="ugp:IncreaseDecreaseThroughIncomeAndSocialContributionTaxesOnRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag5486" decimals="-3" scale="3" format="ixt:num-dot-decimal">185</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.56931%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_AdditionalDividendsMember" name="ugp:IncreaseDecreaseThroughIncomeAndSocialContributionTaxesOnRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag5243" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.68317%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_EquityAttributableToOwnersOfParentMember" name="ugp:IncreaseDecreaseThroughIncomeAndSocialContributionTaxesOnRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag5387" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.94059%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_NoncontrollingInterestsMember" name="ugp:IncreaseDecreaseThroughIncomeAndSocialContributionTaxesOnRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag5092" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.55941%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_3" name="ugp:IncreaseDecreaseThroughIncomeAndSocialContributionTaxesOnRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag6263" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11386%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 8.41584%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> Transfer to statutory reserve </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 2.9703%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.70297%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_IssuedCapitalMember" name="ifrs-full:IncreaseDecreaseThroughTransferToStatutoryReserve" unitRef="BRL" id="Tag4976" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.56931%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_EquityInstrumentGrantedMember" name="ifrs-full:IncreaseDecreaseThroughTransferToStatutoryReserve" unitRef="BRL" id="Tag5290" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.83663%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_CapitalReserveMember" name="ifrs-full:IncreaseDecreaseThroughTransferToStatutoryReserve" unitRef="BRL" id="Tag5038" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.57921%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_TreasurySharesMember" name="ifrs-full:IncreaseDecreaseThroughTransferToStatutoryReserve" unitRef="BRL" id="Tag5261" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_RevaluationSurplusMember" name="ifrs-full:IncreaseDecreaseThroughTransferToStatutoryReserve" unitRef="BRL" id="Tag5069" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.83663%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_StatutoryReserveMember" name="ifrs-full:IncreaseDecreaseThroughTransferToStatutoryReserve" unitRef="BRL" id="Tag5363" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.06436%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20201231_InvestmentsStatutoryReserveMember" name="ifrs-full:IncreaseDecreaseThroughTransferToStatutoryReserve" unitRef="BRL" id="Tag5342" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">774</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_ValuationAdjustmentsMember" name="ifrs-full:IncreaseDecreaseThroughTransferToStatutoryReserve" unitRef="BRL" id="Tag5607" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.618812%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_ReserveOfExchangeDifferencesOnTranslationMember" name="ifrs-full:IncreaseDecreaseThroughTransferToStatutoryReserve" unitRef="BRL" id="Tag5220" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.57921%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20201231_RetainedEarningsMember" name="ifrs-full:IncreaseDecreaseThroughTransferToStatutoryReserve" unitRef="BRL" id="Tag5437" decimals="-3" scale="3" format="ixt:num-dot-decimal">774</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.56931%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_AdditionalDividendsMember" name="ifrs-full:IncreaseDecreaseThroughTransferToStatutoryReserve" unitRef="BRL" id="Tag4946" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.68317%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_EquityAttributableToOwnersOfParentMember" name="ifrs-full:IncreaseDecreaseThroughTransferToStatutoryReserve" unitRef="BRL" id="Tag5323" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.94059%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_NoncontrollingInterestsMember" name="ifrs-full:IncreaseDecreaseThroughTransferToStatutoryReserve" unitRef="BRL" id="Tag4990" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.55941%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_3" name="ifrs-full:IncreaseDecreaseThroughTransferToStatutoryReserve" unitRef="BRL" id="Tag5004" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11386%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 8.41584%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> Shareholder transaction &#8211; changes of investments </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 2.9703%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.70297%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_IssuedCapitalMember" name="ugp:IncreaseDecreaseThroughShareholderTransactionChangesOfInvestments" unitRef="BRL" id="Tag5525" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.56931%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_EquityInstrumentGrantedMember" name="ugp:IncreaseDecreaseThroughShareholderTransactionChangesOfInvestments" unitRef="BRL" id="Tag4962" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.83663%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_CapitalReserveMember" name="ugp:IncreaseDecreaseThroughShareholderTransactionChangesOfInvestments" unitRef="BRL" id="Tag5612" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.57921%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_TreasurySharesMember" name="ugp:IncreaseDecreaseThroughShareholderTransactionChangesOfInvestments" unitRef="BRL" id="Tag5133" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_RevaluationSurplusMember" name="ugp:IncreaseDecreaseThroughShareholderTransactionChangesOfInvestments" unitRef="BRL" id="Tag5053" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.83663%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_StatutoryReserveMember" name="ugp:IncreaseDecreaseThroughShareholderTransactionChangesOfInvestments" unitRef="BRL" id="Tag5513" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.06436%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_InvestmentsStatutoryReserveMember" name="ugp:IncreaseDecreaseThroughShareholderTransactionChangesOfInvestments" unitRef="BRL" id="Tag5407" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_ValuationAdjustmentsMember" name="ugp:IncreaseDecreaseThroughShareholderTransactionChangesOfInvestments" unitRef="BRL" id="Tag5575" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.618812%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_ReserveOfExchangeDifferencesOnTranslationMember" name="ugp:IncreaseDecreaseThroughShareholderTransactionChangesOfInvestments" unitRef="BRL" id="Tag5358" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.57921%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20201231_RetainedEarningsMember" name="ugp:IncreaseDecreaseThroughShareholderTransactionChangesOfInvestments" unitRef="BRL" id="Tag220" decimals="-3" scale="3" format="ixt:num-dot-decimal">42</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.56931%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_AdditionalDividendsMember" name="ugp:IncreaseDecreaseThroughShareholderTransactionChangesOfInvestments" unitRef="BRL" id="Tag5527" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.68317%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20201231_EquityAttributableToOwnersOfParentMember" name="ugp:IncreaseDecreaseThroughShareholderTransactionChangesOfInvestments" unitRef="BRL" id="Tag5048" decimals="-3" scale="3" format="ixt:num-dot-decimal">42</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.94059%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20201231_NoncontrollingInterestsMember" name="ugp:IncreaseDecreaseThroughShareholderTransactionChangesOfInvestments" unitRef="BRL" id="Tag5383" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">42</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.55941%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_3" name="ugp:IncreaseDecreaseThroughShareholderTransactionChangesOfInvestments" unitRef="BRL" id="Tag5448" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11386%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 8.41584%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> Dividends attributable to non-controlling interests&#160;</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 2.9703%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.70297%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_IssuedCapitalMember" name="ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests" unitRef="BRL" id="Tag6293" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.56931%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_EquityInstrumentGrantedMember" name="ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests" unitRef="BRL" id="Tag5282" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.83663%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_CapitalReserveMember" name="ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests" unitRef="BRL" id="Tag5032" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.57921%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_TreasurySharesMember" name="ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests" unitRef="BRL" id="Tag69" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_RevaluationSurplusMember" name="ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests" unitRef="BRL" id="Tag5372" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.83663%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_StatutoryReserveMember" name="ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests" unitRef="BRL" id="Tag5357" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.06436%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_InvestmentsStatutoryReserveMember" name="ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests" unitRef="BRL" id="Tag5115" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_ValuationAdjustmentsMember" name="ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests" unitRef="BRL" id="Tag29" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.618812%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_ReserveOfExchangeDifferencesOnTranslationMember" name="ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests" unitRef="BRL" id="Tag5109" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.57921%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_RetainedEarningsMember" name="ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests" unitRef="BRL" id="Tag5436" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.56931%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_AdditionalDividendsMember" name="ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests" unitRef="BRL" id="Tag5443" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.68317%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span>(<ix:nonFraction contextRef="D20201231_EquityAttributableToOwnersOfParentMember" name="ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests" unitRef="BRL" id="Tag5417" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,001</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.94059%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20201231_NoncontrollingInterestsMember" name="ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests" unitRef="BRL" id="Tag5506" decimals="-3" scale="3" format="ixt:num-dot-decimal">23,378</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.55941%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests" unitRef="BRL" id="Tag88" decimals="-3" scale="3" format="ixt:num-dot-decimal">24,379</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11386%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><span style="font-size: 7pt;">)</span></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 8.41584%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> Approval of additional dividends by the Shareholders&#8217; Meeting </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 2.9703%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> <span style="border-left: none; border-right: none;">26</span>.h </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.70297%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_IssuedCapitalMember" name="ifrs-full:DividendsRecognisedAsDistributionsToOwnersOfParent" unitRef="BRL" id="Tag6696" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.56931%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_EquityInstrumentGrantedMember" name="ifrs-full:DividendsRecognisedAsDistributionsToOwnersOfParent" unitRef="BRL" id="Tag5470" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.83663%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_CapitalReserveMember" name="ifrs-full:DividendsRecognisedAsDistributionsToOwnersOfParent" unitRef="BRL" id="Tag6326" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.57921%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_TreasurySharesMember" name="ifrs-full:DividendsRecognisedAsDistributionsToOwnersOfParent" unitRef="BRL" id="Tag5426" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_RevaluationSurplusMember" name="ifrs-full:DividendsRecognisedAsDistributionsToOwnersOfParent" unitRef="BRL" id="Tag6317" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.83663%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_StatutoryReserveMember" name="ifrs-full:DividendsRecognisedAsDistributionsToOwnersOfParent" unitRef="BRL" id="Tag5442" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.06436%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_InvestmentsStatutoryReserveMember" name="ifrs-full:DividendsRecognisedAsDistributionsToOwnersOfParent" unitRef="BRL" id="Tag5113" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_ValuationAdjustmentsMember" name="ifrs-full:DividendsRecognisedAsDistributionsToOwnersOfParent" unitRef="BRL" id="Tag5088" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.618812%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_ReserveOfExchangeDifferencesOnTranslationMember" name="ifrs-full:DividendsRecognisedAsDistributionsToOwnersOfParent" unitRef="BRL" id="Tag5123" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.57921%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_RetainedEarningsMember" name="ifrs-full:DividendsRecognisedAsDistributionsToOwnersOfParent" unitRef="BRL" id="Tag5585" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.56931%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20201231_AdditionalDividendsMember" name="ifrs-full:DividendsRecognisedAsDistributionsToOwnersOfParent" unitRef="BRL" id="Tag5419" decimals="-3" scale="3" format="ixt:num-dot-decimal">261,470</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.68317%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20201231_EquityAttributableToOwnersOfParentMember" name="ifrs-full:DividendsRecognisedAsDistributionsToOwnersOfParent" unitRef="BRL" id="Tag4994" decimals="-3" scale="3" format="ixt:num-dot-decimal">261,470</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.94059%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_NoncontrollingInterestsMember" name="ifrs-full:DividendsRecognisedAsDistributionsToOwnersOfParent" unitRef="BRL" id="Tag5080" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.55941%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:DividendsRecognisedAsDistributionsToOwnersOfParent" unitRef="BRL" id="Tag5000" decimals="-3" scale="3" format="ixt:num-dot-decimal">261,470</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11386%; margin: 0px; text-indent: 0px;"><span style="font-size: 7pt;">)</span></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 8.41584%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> Allocation of net income: </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 2.9703%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.70297%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.56931%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.83663%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.57921%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.83663%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.06436%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.618812%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.57921%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.56931%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.68317%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.94059%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.55941%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11386%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 8.41584%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> Legal reserve </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 2.9703%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> <span style="border-left: none; border-right: none;">26</span>.f; <span style="border-left: none; border-right: none;">26</span>.h </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.70297%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_IssuedCapitalMember" name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity" unitRef="BRL" id="Tag5001" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.56931%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_EquityInstrumentGrantedMember" name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity" unitRef="BRL" id="Tag5230" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.83663%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_CapitalReserveMember" name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity" unitRef="BRL" id="Tag30" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.57921%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_TreasurySharesMember" name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity" unitRef="BRL" id="Tag5079" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_RevaluationSurplusMember" name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity" unitRef="BRL" id="Tag5193" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.83663%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20201231_StatutoryReserveMember" name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity" unitRef="BRL" id="Tag5104" decimals="-3" scale="3" format="ixt:num-dot-decimal">44,669</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.06436%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_InvestmentsStatutoryReserveMember" name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity" unitRef="BRL" id="Tag85" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_ValuationAdjustmentsMember" name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity" unitRef="BRL" id="Tag216" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.618812%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_ReserveOfExchangeDifferencesOnTranslationMember" name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity" unitRef="BRL" id="Tag5187" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.57921%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20201231_RetainedEarningsMember" name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity" unitRef="BRL" id="Tag5223" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">44,669</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.56931%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_AdditionalDividendsMember" name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity" unitRef="BRL" id="Tag5020" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.68317%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_EquityAttributableToOwnersOfParentMember" name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity" unitRef="BRL" id="Tag5215" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.94059%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_NoncontrollingInterestsMember" name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity" unitRef="BRL" id="Tag6292" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.55941%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_3" name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity" unitRef="BRL" id="Tag5094" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11386%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 8.41584%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> Investments statutory reserve </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 2.9703%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> <span style="border-left: none; border-right: none;">26</span>.f; <span style="border-left: none; border-right: none;">26</span>.h </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.70297%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_IssuedCapitalMember" name="ugp:IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve" unitRef="BRL" id="Tag6307" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.56931%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_EquityInstrumentGrantedMember" name="ugp:IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve" unitRef="BRL" id="Tag5453" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.83663%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_CapitalReserveMember" name="ugp:IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve" unitRef="BRL" id="Tag5577" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.57921%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_TreasurySharesMember" name="ugp:IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve" unitRef="BRL" id="Tag5530" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_RevaluationSurplusMember" name="ugp:IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve" unitRef="BRL" id="Tag5474" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.83663%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_StatutoryReserveMember" name="ugp:IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve" unitRef="BRL" id="Tag5294" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.06436%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20201231_InvestmentsStatutoryReserveMember" name="ugp:IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve" unitRef="BRL" id="Tag5546" decimals="-3" scale="3" format="ixt:num-dot-decimal">368,966</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_ValuationAdjustmentsMember" name="ugp:IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve" unitRef="BRL" id="Tag5316" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.618812%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_ReserveOfExchangeDifferencesOnTranslationMember" name="ugp:IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve" unitRef="BRL" id="Tag5010" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.57921%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20201231_RetainedEarningsMember" name="ugp:IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve" unitRef="BRL" id="Tag6288" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">368,966</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.56931%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_AdditionalDividendsMember" name="ugp:IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve" unitRef="BRL" id="Tag5144" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.68317%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_EquityAttributableToOwnersOfParentMember" name="ugp:IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve" unitRef="BRL" id="Tag5117" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.94059%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_NoncontrollingInterestsMember" name="ugp:IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve" unitRef="BRL" id="Tag80" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.55941%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_3" name="ugp:IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve" unitRef="BRL" id="Tag5201" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11386%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 8.41584%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span> Proposed dividends (R$ <ix:nonFraction contextRef="D20201231_3" name="ugp:ProposedDividendsPerShare" unitRef="BRLPerShare" id="Tag5414" decimals="2" format="ixt:num-dot-decimal">0.44</ix:nonFraction> per share) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 2.9703%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> <span style="border-left: none; border-right: none;">26</span>.h </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 4.70297%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_IssuedCapitalMember" name="ugp:ProposedDividends" unitRef="BRL" id="Tag5590" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 5.56931%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_EquityInstrumentGrantedMember" name="ugp:ProposedDividends" unitRef="BRL" id="Tag4954" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 3.83663%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_CapitalReserveMember" name="ugp:ProposedDividends" unitRef="BRL" id="Tag4941" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 4.57921%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_TreasurySharesMember" name="ugp:ProposedDividends" unitRef="BRL" id="Tag4981" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_RevaluationSurplusMember" name="ugp:ProposedDividends" unitRef="BRL" id="Tag31" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 3.83663%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_StatutoryReserveMember" name="ugp:ProposedDividends" unitRef="BRL" id="Tag5318" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 6.06436%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_InvestmentsStatutoryReserveMember" name="ugp:ProposedDividends" unitRef="BRL" id="Tag5221" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_ValuationAdjustmentsMember" name="ugp:ProposedDividends" unitRef="BRL" id="Tag5175" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.618812%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_ReserveOfExchangeDifferencesOnTranslationMember" name="ugp:ProposedDividends" unitRef="BRL" id="Tag5330" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 4.57921%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20201231_RetainedEarningsMember" name="ugp:ProposedDividends" unitRef="BRL" id="Tag5511" decimals="-3" scale="3" format="ixt:num-dot-decimal">479,748</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 5.56931%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20201231_AdditionalDividendsMember" name="ugp:ProposedDividends" unitRef="BRL" id="Tag5252" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">55,391</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 6.68317%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20201231_EquityAttributableToOwnersOfParentMember" name="ugp:ProposedDividends" unitRef="BRL" id="Tag5569" decimals="-3" scale="3" format="ixt:num-dot-decimal">424,357</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 5.94059%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_NoncontrollingInterestsMember" name="ugp:ProposedDividends" unitRef="BRL" id="Tag5564" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 6.55941%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ugp:ProposedDividends" unitRef="BRL" id="Tag5199" decimals="-3" scale="3" format="ixt:num-dot-decimal">424,357</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11386%; margin: 0px; text-indent: 0px;"><span style="font-size: 7pt;">)</span></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 8.41584%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> Balance as of December 31, 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 2.9703%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; width: 4.70297%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20201231_IssuedCapitalMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5012" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,171,752</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; width: 5.56931%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20201231_EquityInstrumentGrantedMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5052" decimals="-3" scale="3" format="ixt:num-dot-decimal">22,404</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; width: 3.83663%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20201231_CapitalReserveMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5217" decimals="-3" scale="3" format="ixt:num-dot-decimal">594,049</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; width: 4.57921%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="I20201231_TreasurySharesMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5263" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">489,068</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20201231_RevaluationSurplusMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag86" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,337</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; width: 3.83663%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20201231_StatutoryReserveMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5477" decimals="-3" scale="3" format="ixt:num-dot-decimal">750,010</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; width: 6.06436%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20201231_InvestmentsStatutoryReserveMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5331" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,658,265</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="I20201231_ValuationAdjustmentsMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5239" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">464,990</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.618812%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; width: 6.18812%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20201231_ReserveOfExchangeDifferencesOnTranslationMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5231" decimals="-3" scale="3" format="ixt:num-dot-decimal">231,596</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.123762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; width: 4.57921%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20201231_RetainedEarningsMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5496" xsi:nil="true"></ix:nonFraction>-&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; width: 5.56931%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20201231_AdditionalDividendsMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5269" decimals="-3" scale="3" format="ixt:num-dot-decimal">55,391</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.371287%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; width: 6.68317%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20201231_EquityAttributableToOwnersOfParentMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag4984" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,533,746</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; width: 5.94059%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20201231_NoncontrollingInterestsMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5336" decimals="-3" scale="3" format="ixt:num-dot-decimal">376,519</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.23762%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.49505%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; width: 6.55941%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:Equity" unitRef="BRL" id="Tag5388" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,910,265</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11386%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The accompanying notes are an integral part of the </span><span style="font-family: 'Times New Roman';">consolidated </span><span style="font-family: 'Times New Roman';">financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div>
<div id="t_ft_7X5M2XK9WG00000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-12</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ultrapar Participa&#231;&#245;es S.A. and Subsidiaries</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Consolidated </span><span style="font-family: 'Times New Roman';">Statements of Changes in Equity</span></span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">For the </span><span style="font-family: 'Times New Roman'; font-weight: bold;">years</span><span style="font-family: 'Times New Roman'; font-weight: bold;"> ended </span><span style="font-family: 'Times New Roman'; font-weight: bold;">December</span><span style="font-family: 'Times New Roman'; font-weight: bold;"> 3</span><span>1</span><span>, 2021</span><span style="font-family: 'Times New Roman'; font-weight: bold;">,</span><span> 2020</span><span> and 2019</span></span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">(In thousands of Brazilian Reais, except dividends per share)</span></p>
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_PONPBEE49S00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 263px;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 25.641%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 3.60874%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 3.89364%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.379867%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 4.2735%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.189934%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.379867%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 3.7037%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.379867%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 3.89364%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.379867%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 4.74834%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.379867%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="4" style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 9.02184%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> Profit reserve </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.379867%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 4.74834%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.2849%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 4.74834%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.2849%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 3.89364%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.2849%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 4.2735%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.2849%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="4" style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 10.4463%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> Equity attributable to: </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 0.96432%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.379867%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.03324%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 0.949668%;"><br/></td>
</tr>
<tr style="height: 21px;">
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 21px; width: 25.641%;">
<p style="margin: 0pt;"><span style="color: #0563c1; font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 21px; width: 3.60874%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> Note </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 21px; width: 3.89364%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> Share capital </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 21px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 21px; width: 0.379867%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 21px; width: 4.2735%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> Equity instrument granted </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 21px; width: 0.189934%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 21px; width: 0.379867%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 21px; width: 3.7037%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> Capital reserve </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 21px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 21px; width: 0.379867%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 21px; width: 3.89364%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> Treasury shares </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 21px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 21px; width: 0.379867%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 21px; width: 4.74834%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> Revaluation reserve on subsidiaries </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 21px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 21px; width: 0.379867%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 21px; width: 3.7037%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> Legal reserve </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 21px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 21px; width: 0.2849%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 21px; width: 4.74834%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> Investments statutory reserve </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 21px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 21px; width: 0.379867%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 21px; width: 4.74834%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> Other reserves</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 21px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 21px; width: 0.2849%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 21px; width: 4.74834%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> Cumulative translation adjustments </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 21px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 21px; width: 0.2849%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 21px; width: 3.89364%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> Retained earnings </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 21px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 21px; width: 0.2849%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 21px; width: 4.2735%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> Additional dividends to the minimum mandatory dividends </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 21px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 21px; width: 0.2849%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 21px; width: 5.12821%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> Shareholders of the Company </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 21px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 21px; width: 0.379867%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 21px; width: 4.5584%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> Non-controlling interests in subsidiaries </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 21px; width: 0.96432%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 21px; width: 0.379867%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 21px; width: 5.03324%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; text-indent: 0px; line-height: 1; font-family: 'times new roman', times;"><span style="font-family: 'times new roman', times; font-size: 7pt; font-weight: bold;"> Consolidated equity </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 21px; width: 0.949668%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 25.641%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> Balance as of December 31, 2018 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 3.60874%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20181231_IssuedCapitalMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5096" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,171,752</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 4.2735%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20181231_EquityInstrumentGrantedMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5333" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,309</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.189934%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 3.7037%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20181231_CapitalReserveMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag6258" decimals="-3" scale="3" format="ixt:num-dot-decimal">542,400</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="I20181231_TreasurySharesMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag4958" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">485,383</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.379867%;"><span style="font-size: 7pt; font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20181231_RevaluationSurplusMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5366" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,712</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 3.7037%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20181231_StatutoryReserveMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5208" decimals="-3" scale="3" format="ixt:num-dot-decimal">686,665</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20181231_InvestmentsStatutoryReserveMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5026" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,412,427</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="I20181231_ValuationAdjustmentsMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5042" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">63,989</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.379867%;"><span style="font-size: 7pt; font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20181231_ReserveOfExchangeDifferencesOnTranslationMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5350" decimals="-3" scale="3" format="ixt:num-dot-decimal">65,857</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20181231_RetainedEarningsMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5170" xsi:nil="true"></ix:nonFraction>-&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 4.2735%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20181231_AdditionalDividendsMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5346" decimals="-3" scale="3" format="ixt:num-dot-decimal">109,355</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.12821%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20181231_EquityAttributableToOwnersOfParentMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag4988" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,448,105</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 4.5584%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20181231_NoncontrollingInterestsMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5161" decimals="-3" scale="3" format="ixt:num-dot-decimal">351,924</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.96432%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.03324%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20181231" name="ifrs-full:Equity" unitRef="BRL" id="Tag5159" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,800,029</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.949668%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 25.641%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> Net income for the year </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.60874%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_IssuedCapitalMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag5368" xsi:nil="true"></ix:nonFraction>-&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.2735%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_EquityInstrumentGrantedMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag5424" xsi:nil="true"></ix:nonFraction>-&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.189934%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.7037%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_CapitalReserveMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag5373" xsi:nil="true"></ix:nonFraction>-&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_TreasurySharesMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag5540" xsi:nil="true"></ix:nonFraction>-&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_RevaluationSurplusMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag98" xsi:nil="true"></ix:nonFraction>-&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.7037%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_StatutoryReserveMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag5265" xsi:nil="true"></ix:nonFraction>-&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_InvestmentsStatutoryReserveMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag5278" xsi:nil="true"></ix:nonFraction>-&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_ValuationAdjustmentsMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag6279" xsi:nil="true"></ix:nonFraction>-&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_ReserveOfExchangeDifferencesOnTranslationMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag5177" xsi:nil="true"></ix:nonFraction>-&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_RetainedEarningsMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag4952" decimals="-3" scale="3" format="ixt:num-dot-decimal">373,526</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.2735%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_AdditionalDividendsMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag5332" xsi:nil="true"></ix:nonFraction>-&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.12821%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_EquityAttributableToOwnersOfParentMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag5264" decimals="-3" scale="3" format="ixt:num-dot-decimal">373,526</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.5584%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_NoncontrollingInterestsMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag5197" decimals="-3" scale="3" format="ixt:num-dot-decimal">29,418</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.96432%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.03324%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag6303" decimals="-3" scale="3" format="ixt:num-dot-decimal">402,944</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.949668%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 25.641%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> Other comprehensive income: </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 3.60874%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.2735%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.189934%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 3.7037%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 3.7037%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.2735%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 5.12821%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.5584%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.96432%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 5.03324%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.949668%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 25.641%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> Fair value adjustments of available for financial instruments, net of income taxes: </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.60874%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.2735%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.189934%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.7037%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.7037%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span>(<ix:nonFraction contextRef="D20191231_ValuationAdjustmentsMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag214" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">52,318</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><span style="color: #000000; font-family: 'times new roman'; font-size: 9.33333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.2735%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.12821%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> <span>(<ix:nonFraction contextRef="D20191231_EquityAttributableToOwnersOfParentMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag5394" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">52,318</ix:nonFraction></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><span style="color: #000000; font-family: 'times new roman'; font-size: 9.33333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.5584%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_NoncontrollingInterestsMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag6323" decimals="-3" scale="3" format="ixt:num-dot-decimal">21</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.96432%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.03324%;">
<p style="margin: 0pt; text-align: right;"><span>(<ix:nonFraction contextRef="D20191231" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag5439" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">52,297</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.949668%;"><span style="color: #000000; font-family: 'times new roman'; font-size: 9.33333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 25.641%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> Actuarial losses of post-employment benefits, net of income taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 3.60874%;">
<p style="margin: 0pt; text-align: center;"><span> 25.g.1 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_IssuedCapitalMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag5478" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.2735%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_EquityInstrumentGrantedMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag5005" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.189934%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 3.7037%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_CapitalReserveMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag5229" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_TreasurySharesMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag5212" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_RevaluationSurplusMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag6272" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 3.7037%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_StatutoryReserveMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag81" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_InvestmentsStatutoryReserveMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag5476" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_ValuationAdjustmentsMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag5237" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">30,010</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_ReserveOfExchangeDifferencesOnTranslationMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag5463" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_RetainedEarningsMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag5100" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.2735%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_AdditionalDividendsMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag5280" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 5.12821%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_EquityAttributableToOwnersOfParentMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag5182" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">30,010</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.5584%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_NoncontrollingInterestsMember" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag5480" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">6,777</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.96432%;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 5.03324%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag5538" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">36,787</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.949668%;"><span style="font-size: 7pt;">)</span></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 25.641%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> Currency translation of foreign subsidiaries, including the effect of net investments hedge </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.60874%;">
<p style="margin: 0pt; text-align: center;"><span> 25.g.2 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_IssuedCapitalMember" name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" unitRef="BRL" id="Tag5188" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 4.2735%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_EquityInstrumentGrantedMember" name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" unitRef="BRL" id="Tag5210" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.189934%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 3.7037%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_CapitalReserveMember" name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" unitRef="BRL" id="Tag5385" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_TreasurySharesMember" name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" unitRef="BRL" id="Tag5284" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_RevaluationSurplusMember" name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" unitRef="BRL" id="Tag5479" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 3.7037%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_StatutoryReserveMember" name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" unitRef="BRL" id="Tag5606" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_InvestmentsStatutoryReserveMember" name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" unitRef="BRL" id="Tag6282" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_ValuationAdjustmentsMember" name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" unitRef="BRL" id="Tag5464" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_ReserveOfExchangeDifferencesOnTranslationMember" name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" unitRef="BRL" id="Tag223" decimals="-3" scale="3" format="ixt:num-dot-decimal">36,570</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_RetainedEarningsMember" name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" unitRef="BRL" id="Tag5255" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 4.2735%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_AdditionalDividendsMember" name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" unitRef="BRL" id="Tag5184" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 5.12821%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_EquityAttributableToOwnersOfParentMember" name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" unitRef="BRL" id="Tag4948" decimals="-3" scale="3" format="ixt:num-dot-decimal">36,570</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 4.5584%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_NoncontrollingInterestsMember" name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" unitRef="BRL" id="Tag5305" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.96432%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 5.03324%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" unitRef="BRL" id="Tag5328" decimals="-3" scale="3" format="ixt:num-dot-decimal">36,570</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.949668%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 25.641%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> Total comprehensive income for the year </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 3.60874%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_IssuedCapitalMember" name="ifrs-full:ComprehensiveIncome" unitRef="BRL" id="Tag5107" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.2735%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_EquityInstrumentGrantedMember" name="ifrs-full:ComprehensiveIncome" unitRef="BRL" id="Tag5380" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.189934%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 3.7037%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_CapitalReserveMember" name="ifrs-full:ComprehensiveIncome" unitRef="BRL" id="Tag6328" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_TreasurySharesMember" name="ifrs-full:ComprehensiveIncome" unitRef="BRL" id="Tag4956" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_RevaluationSurplusMember" name="ifrs-full:ComprehensiveIncome" unitRef="BRL" id="Tag5077" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 3.7037%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_StatutoryReserveMember" name="ifrs-full:ComprehensiveIncome" unitRef="BRL" id="Tag5110" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_InvestmentsStatutoryReserveMember" name="ifrs-full:ComprehensiveIncome" unitRef="BRL" id="Tag5049" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_ValuationAdjustmentsMember" name="ifrs-full:ComprehensiveIncome" unitRef="BRL" id="Tag5018" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">82,328</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_ReserveOfExchangeDifferencesOnTranslationMember" name="ifrs-full:ComprehensiveIncome" unitRef="BRL" id="Tag5586" decimals="-3" scale="3" format="ixt:num-dot-decimal">36,570</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_RetainedEarningsMember" name="ifrs-full:ComprehensiveIncome" unitRef="BRL" id="Tag5101" decimals="-3" scale="3" format="ixt:num-dot-decimal">373,526</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.2735%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_AdditionalDividendsMember" name="ifrs-full:ComprehensiveIncome" unitRef="BRL" id="Tag5009" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 5.12821%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_EquityAttributableToOwnersOfParentMember" name="ifrs-full:ComprehensiveIncome" unitRef="BRL" id="Tag6262" decimals="-3" scale="3" format="ixt:num-dot-decimal">327,768</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.5584%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_NoncontrollingInterestsMember" name="ifrs-full:ComprehensiveIncome" unitRef="BRL" id="Tag5533" decimals="-3" scale="3" format="ixt:num-dot-decimal">22,662</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.96432%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 5.03324%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:ComprehensiveIncome" unitRef="BRL" id="Tag5526" decimals="-3" scale="3" format="ixt:num-dot-decimal">350,430</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.949668%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 25.641%;">
<p style="margin: 0pt;"><span style="font-size: 7pt;"> Equity instrument granted os subsidiaries </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.60874%;">
<p style="margin: 0pt; text-align: center;"><span> 25.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_IssuedCapitalMember" name="ifrs-full:IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" unitRef="BRL" id="Tag96" xsi:nil="true"></ix:nonFraction>-&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.2735%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_EquityInstrumentGrantedMember" name="ifrs-full:IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" unitRef="BRL" id="Tag5120" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,661</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.189934%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.7037%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_CapitalReserveMember" name="ifrs-full:IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" unitRef="BRL" id="Tag5191" xsi:nil="true"></ix:nonFraction>-&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_TreasurySharesMember" name="ifrs-full:IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" unitRef="BRL" id="Tag5600" xsi:nil="true"></ix:nonFraction>-&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_RevaluationSurplusMember" name="ifrs-full:IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" unitRef="BRL" id="Tag5292" xsi:nil="true"></ix:nonFraction>-&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.7037%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_StatutoryReserveMember" name="ifrs-full:IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" unitRef="BRL" id="Tag5451" xsi:nil="true"></ix:nonFraction>-&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_InvestmentsStatutoryReserveMember" name="ifrs-full:IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" unitRef="BRL" id="Tag5556" xsi:nil="true"></ix:nonFraction>-&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_ValuationAdjustmentsMember" name="ifrs-full:IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" unitRef="BRL" id="Tag5522" xsi:nil="true"></ix:nonFraction>-&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_ReserveOfExchangeDifferencesOnTranslationMember" name="ifrs-full:IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" unitRef="BRL" id="Tag5236" xsi:nil="true"></ix:nonFraction>-&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_RetainedEarningsMember" name="ifrs-full:IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" unitRef="BRL" id="Tag5293" xsi:nil="true"></ix:nonFraction>-&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.2735%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_AdditionalDividendsMember" name="ifrs-full:IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" unitRef="BRL" id="Tag5118" xsi:nil="true"></ix:nonFraction>-&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.12821%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_EquityAttributableToOwnersOfParentMember" name="ifrs-full:IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" unitRef="BRL" id="Tag218" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,661</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.5584%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_NoncontrollingInterestsMember" name="ifrs-full:IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" unitRef="BRL" id="Tag4999" xsi:nil="true"></ix:nonFraction>-&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.96432%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.03324%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" unitRef="BRL" id="Tag5508" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,661</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.949668%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 25.641%;">
<p style="margin: 0pt;"><span style="font-size: 7pt;"> Shareholder transaction - gain in reimbursement of shares pref. B from Oxiteno Nordeste </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 3.60874%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_IssuedCapitalMember" name="ugp:IncreaseDecreaseThroughShareholderTransactionGainInReimbursementOfSharesEquity" unitRef="BRL" id="Tag5329" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.2735%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_EquityInstrumentGrantedMember" name="ugp:IncreaseDecreaseThroughShareholderTransactionGainInReimbursementOfSharesEquity" unitRef="BRL" id="Tag5561" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.189934%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 3.7037%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_CapitalReserveMember" name="ugp:IncreaseDecreaseThroughShareholderTransactionGainInReimbursementOfSharesEquity" unitRef="BRL" id="Tag5467" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_TreasurySharesMember" name="ugp:IncreaseDecreaseThroughShareholderTransactionGainInReimbursementOfSharesEquity" unitRef="BRL" id="Tag113" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_RevaluationSurplusMember" name="ugp:IncreaseDecreaseThroughShareholderTransactionGainInReimbursementOfSharesEquity" unitRef="BRL" id="Tag5008" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 3.7037%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_StatutoryReserveMember" name="ugp:IncreaseDecreaseThroughShareholderTransactionGainInReimbursementOfSharesEquity" unitRef="BRL" id="Tag6298" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_InvestmentsStatutoryReserveMember" name="ugp:IncreaseDecreaseThroughShareholderTransactionGainInReimbursementOfSharesEquity" unitRef="BRL" id="Tag4965" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_ValuationAdjustmentsMember" name="ugp:IncreaseDecreaseThroughShareholderTransactionGainInReimbursementOfSharesEquity" unitRef="BRL" id="Tag6308" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_ReserveOfExchangeDifferencesOnTranslationMember" name="ugp:IncreaseDecreaseThroughShareholderTransactionGainInReimbursementOfSharesEquity" unitRef="BRL" id="Tag5613" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_RetainedEarningsMember" name="ugp:IncreaseDecreaseThroughShareholderTransactionGainInReimbursementOfSharesEquity" unitRef="BRL" id="Tag4978" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,489</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.2735%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_AdditionalDividendsMember" name="ugp:IncreaseDecreaseThroughShareholderTransactionGainInReimbursementOfSharesEquity" unitRef="BRL" id="Tag5122" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 5.12821%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_EquityAttributableToOwnersOfParentMember" name="ugp:IncreaseDecreaseThroughShareholderTransactionGainInReimbursementOfSharesEquity" unitRef="BRL" id="Tag5415" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,489</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.5584%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_NoncontrollingInterestsMember" name="ugp:IncreaseDecreaseThroughShareholderTransactionGainInReimbursementOfSharesEquity" unitRef="BRL" id="Tag5504" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,489</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.96432%;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 5.03324%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231" name="ugp:IncreaseDecreaseThroughShareholderTransactionGainInReimbursementOfSharesEquity" unitRef="BRL" id="Tag5070" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.949668%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 25.641%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> Realization of revaluation reserve of subsidiaries </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.60874%;">
<p style="margin: 0pt; text-align: center;"><span> 25.e </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_IssuedCapitalMember" name="ugp:IncreaseDecreaseThroughRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag5114" xsi:nil="true"></ix:nonFraction>-&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.2735%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_EquityInstrumentGrantedMember" name="ugp:IncreaseDecreaseThroughRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag5484" xsi:nil="true"></ix:nonFraction>-&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.189934%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.7037%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_CapitalReserveMember" name="ugp:IncreaseDecreaseThroughRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag5046" xsi:nil="true"></ix:nonFraction>-&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_TreasurySharesMember" name="ugp:IncreaseDecreaseThroughRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag5068" xsi:nil="true"></ix:nonFraction>-&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_RevaluationSurplusMember" name="ugp:IncreaseDecreaseThroughRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag68" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">190</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.7037%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_StatutoryReserveMember" name="ugp:IncreaseDecreaseThroughRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag2" xsi:nil="true"></ix:nonFraction>-&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_InvestmentsStatutoryReserveMember" name="ugp:IncreaseDecreaseThroughRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag118" xsi:nil="true"></ix:nonFraction>-&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_ValuationAdjustmentsMember" name="ugp:IncreaseDecreaseThroughRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag5568" xsi:nil="true"></ix:nonFraction>-&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_ReserveOfExchangeDifferencesOnTranslationMember" name="ugp:IncreaseDecreaseThroughRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag5203" xsi:nil="true"></ix:nonFraction>-&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_RetainedEarningsMember" name="ugp:IncreaseDecreaseThroughRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag5040" decimals="-3" scale="3" format="ixt:num-dot-decimal">190</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.2735%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_AdditionalDividendsMember" name="ugp:IncreaseDecreaseThroughRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag5339" xsi:nil="true"></ix:nonFraction>-&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.12821%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_EquityAttributableToOwnersOfParentMember" name="ugp:IncreaseDecreaseThroughRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag4924" xsi:nil="true"></ix:nonFraction>-&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.5584%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_NoncontrollingInterestsMember" name="ugp:IncreaseDecreaseThroughRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag5054" xsi:nil="true"></ix:nonFraction>-&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.96432%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.03324%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ugp:IncreaseDecreaseThroughRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag5327" xsi:nil="true"></ix:nonFraction>-&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.949668%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 25.641%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> Income and social contribution taxes on realization of revaluation reserve of subsidiaries </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 3.60874%;">
<p style="margin: 0pt; text-align: center;"><span> 25.e </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_IssuedCapitalMember" name="ugp:IncreaseDecreaseThroughIncomeAndSocialContributionTaxesOnRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag5136" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.2735%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_EquityInstrumentGrantedMember" name="ugp:IncreaseDecreaseThroughIncomeAndSocialContributionTaxesOnRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag5391" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.189934%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 3.7037%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_CapitalReserveMember" name="ugp:IncreaseDecreaseThroughIncomeAndSocialContributionTaxesOnRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag97" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_TreasurySharesMember" name="ugp:IncreaseDecreaseThroughIncomeAndSocialContributionTaxesOnRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag5033" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_RevaluationSurplusMember" name="ugp:IncreaseDecreaseThroughIncomeAndSocialContributionTaxesOnRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag5560" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 3.7037%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_StatutoryReserveMember" name="ugp:IncreaseDecreaseThroughIncomeAndSocialContributionTaxesOnRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag5354" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_InvestmentsStatutoryReserveMember" name="ugp:IncreaseDecreaseThroughIncomeAndSocialContributionTaxesOnRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag79" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_ValuationAdjustmentsMember" name="ugp:IncreaseDecreaseThroughIncomeAndSocialContributionTaxesOnRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag5313" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_ReserveOfExchangeDifferencesOnTranslationMember" name="ugp:IncreaseDecreaseThroughIncomeAndSocialContributionTaxesOnRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag5593" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_RetainedEarningsMember" name="ugp:IncreaseDecreaseThroughIncomeAndSocialContributionTaxesOnRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag5207" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">31</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.2735%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_AdditionalDividendsMember" name="ugp:IncreaseDecreaseThroughIncomeAndSocialContributionTaxesOnRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag5441" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 5.12821%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_EquityAttributableToOwnersOfParentMember" name="ugp:IncreaseDecreaseThroughIncomeAndSocialContributionTaxesOnRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag5412" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">31</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.5584%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_NoncontrollingInterestsMember" name="ugp:IncreaseDecreaseThroughIncomeAndSocialContributionTaxesOnRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag5216" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.96432%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 5.03324%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231" name="ugp:IncreaseDecreaseThroughIncomeAndSocialContributionTaxesOnRealizationOfRevaluationReserveOfSubsidiariesEquity" unitRef="BRL" id="Tag4961" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">31</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.949668%;"><span style="font-size: 7pt;">)</span></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 25.641%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> Transfer to statutory reserve </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.60874%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_IssuedCapitalMember" name="ifrs-full:IncreaseDecreaseThroughTransferToStatutoryReserve" unitRef="BRL" id="Tag6309" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.2735%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_EquityInstrumentGrantedMember" name="ifrs-full:IncreaseDecreaseThroughTransferToStatutoryReserve" unitRef="BRL" id="Tag5222" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.189934%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.7037%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_CapitalReserveMember" name="ifrs-full:IncreaseDecreaseThroughTransferToStatutoryReserve" unitRef="BRL" id="Tag5160" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_TreasurySharesMember" name="ifrs-full:IncreaseDecreaseThroughTransferToStatutoryReserve" unitRef="BRL" id="Tag5468" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_RevaluationSurplusMember" name="ifrs-full:IncreaseDecreaseThroughTransferToStatutoryReserve" unitRef="BRL" id="Tag5422" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.7037%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_StatutoryReserveMember" name="ifrs-full:IncreaseDecreaseThroughTransferToStatutoryReserve" unitRef="BRL" id="Tag5535" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_InvestmentsStatutoryReserveMember" name="ifrs-full:IncreaseDecreaseThroughTransferToStatutoryReserve" unitRef="BRL" id="Tag5262" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,648</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_ValuationAdjustmentsMember" name="ifrs-full:IncreaseDecreaseThroughTransferToStatutoryReserve" unitRef="BRL" id="Tag5291" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_ReserveOfExchangeDifferencesOnTranslationMember" name="ifrs-full:IncreaseDecreaseThroughTransferToStatutoryReserve" unitRef="BRL" id="Tag5299" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_RetainedEarningsMember" name="ifrs-full:IncreaseDecreaseThroughTransferToStatutoryReserve" unitRef="BRL" id="Tag5180" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,648</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.2735%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_AdditionalDividendsMember" name="ifrs-full:IncreaseDecreaseThroughTransferToStatutoryReserve" unitRef="BRL" id="Tag5249" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.12821%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_EquityAttributableToOwnersOfParentMember" name="ifrs-full:IncreaseDecreaseThroughTransferToStatutoryReserve" unitRef="BRL" id="Tag5518" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.5584%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_NoncontrollingInterestsMember" name="ifrs-full:IncreaseDecreaseThroughTransferToStatutoryReserve" unitRef="BRL" id="Tag5198" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.96432%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.03324%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231" name="ifrs-full:IncreaseDecreaseThroughTransferToStatutoryReserve" unitRef="BRL" id="Tag5138" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.949668%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 25.641%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> Dividends attributable to non-controlling interests </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 3.60874%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_IssuedCapitalMember" name="ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests" unitRef="BRL" id="Tag5119" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.2735%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_EquityInstrumentGrantedMember" name="ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests" unitRef="BRL" id="Tag5605" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.189934%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 3.7037%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_CapitalReserveMember" name="ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests" unitRef="BRL" id="Tag5043" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_TreasurySharesMember" name="ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests" unitRef="BRL" id="Tag5447" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_RevaluationSurplusMember" name="ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests" unitRef="BRL" id="Tag4979" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 3.7037%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_StatutoryReserveMember" name="ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests" unitRef="BRL" id="Tag5549" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_InvestmentsStatutoryReserveMember" name="ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests" unitRef="BRL" id="Tag5056" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_ValuationAdjustmentsMember" name="ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests" unitRef="BRL" id="Tag4966" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_ReserveOfExchangeDifferencesOnTranslationMember" name="ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests" unitRef="BRL" id="Tag5037" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_RetainedEarningsMember" name="ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests" unitRef="BRL" id="Tag5594" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.2735%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_AdditionalDividendsMember" name="ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests" unitRef="BRL" id="Tag4953" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 5.12821%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_EquityAttributableToOwnersOfParentMember" name="ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests" unitRef="BRL" id="Tag5545" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.5584%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_NoncontrollingInterestsMember" name="ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests" unitRef="BRL" id="Tag5312" decimals="-3" scale="3" format="ixt:num-dot-decimal">993</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.96432%;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 5.03324%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231" name="ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests" unitRef="BRL" id="Tag4690" decimals="-3" scale="3" format="ixt:num-dot-decimal">993</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.949668%;"><span style="font-size: 7pt;">)</span></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 25.641%;">
<p style="margin: 0pt;"><span style="font-size: 7pt;"> Redemption of non-controlling shares of Oxiteno Nordeste </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.60874%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_IssuedCapitalMember" name="ifrs-full:IncreaseDecreaseThroughDisposalOfSubsidiary" unitRef="BRL" id="Tag5176" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.2735%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_EquityInstrumentGrantedMember" name="ifrs-full:IncreaseDecreaseThroughDisposalOfSubsidiary" unitRef="BRL" id="Tag5025" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.189934%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.7037%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_CapitalReserveMember" name="ifrs-full:IncreaseDecreaseThroughDisposalOfSubsidiary" unitRef="BRL" id="Tag6283" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_TreasurySharesMember" name="ifrs-full:IncreaseDecreaseThroughDisposalOfSubsidiary" unitRef="BRL" id="Tag5553" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_RevaluationSurplusMember" name="ifrs-full:IncreaseDecreaseThroughDisposalOfSubsidiary" unitRef="BRL" id="Tag5501" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.7037%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_StatutoryReserveMember" name="ifrs-full:IncreaseDecreaseThroughDisposalOfSubsidiary" unitRef="BRL" id="Tag5062" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_InvestmentsStatutoryReserveMember" name="ifrs-full:IncreaseDecreaseThroughDisposalOfSubsidiary" unitRef="BRL" id="Tag5409" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_ValuationAdjustmentsMember" name="ifrs-full:IncreaseDecreaseThroughDisposalOfSubsidiary" unitRef="BRL" id="Tag5275" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_ReserveOfExchangeDifferencesOnTranslationMember" name="ifrs-full:IncreaseDecreaseThroughDisposalOfSubsidiary" unitRef="BRL" id="Tag6327" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_RetainedEarningsMember" name="ifrs-full:IncreaseDecreaseThroughDisposalOfSubsidiary" unitRef="BRL" id="Tag5267" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.2735%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_AdditionalDividendsMember" name="ifrs-full:IncreaseDecreaseThroughDisposalOfSubsidiary" unitRef="BRL" id="Tag5450" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.12821%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_EquityAttributableToOwnersOfParentMember" name="ifrs-full:IncreaseDecreaseThroughDisposalOfSubsidiary" unitRef="BRL" id="Tag5583" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.5584%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_NoncontrollingInterestsMember" name="ifrs-full:IncreaseDecreaseThroughDisposalOfSubsidiary" unitRef="BRL" id="Tag75" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">2,180</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.96432%;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.03324%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231" name="ifrs-full:IncreaseDecreaseThroughDisposalOfSubsidiary" unitRef="BRL" id="Tag58" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">2,180</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.949668%;"><span style="font-size: 7pt;">)</span></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 25.641%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> Capital increase from Iconic non-controlling shareholders </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 3.60874%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_IssuedCapitalMember" name="ugp:IncreaseDecreaseThroughCapitalIncreaseFromSubsidiaryNoncontrollingShareholders" unitRef="BRL" id="Tag5559" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.2735%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_EquityInstrumentGrantedMember" name="ugp:IncreaseDecreaseThroughCapitalIncreaseFromSubsidiaryNoncontrollingShareholders" unitRef="BRL" id="Tag5277" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.189934%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 3.7037%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_CapitalReserveMember" name="ugp:IncreaseDecreaseThroughCapitalIncreaseFromSubsidiaryNoncontrollingShareholders" unitRef="BRL" id="Tag6331" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_TreasurySharesMember" name="ugp:IncreaseDecreaseThroughCapitalIncreaseFromSubsidiaryNoncontrollingShareholders" unitRef="BRL" id="Tag5325" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_RevaluationSurplusMember" name="ugp:IncreaseDecreaseThroughCapitalIncreaseFromSubsidiaryNoncontrollingShareholders" unitRef="BRL" id="Tag6332" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 3.7037%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_StatutoryReserveMember" name="ugp:IncreaseDecreaseThroughCapitalIncreaseFromSubsidiaryNoncontrollingShareholders" unitRef="BRL" id="Tag5557" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_InvestmentsStatutoryReserveMember" name="ugp:IncreaseDecreaseThroughCapitalIncreaseFromSubsidiaryNoncontrollingShareholders" unitRef="BRL" id="Tag5359" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_ValuationAdjustmentsMember" name="ugp:IncreaseDecreaseThroughCapitalIncreaseFromSubsidiaryNoncontrollingShareholders" unitRef="BRL" id="Tag5125" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_ReserveOfExchangeDifferencesOnTranslationMember" name="ugp:IncreaseDecreaseThroughCapitalIncreaseFromSubsidiaryNoncontrollingShareholders" unitRef="BRL" id="Tag115" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_RetainedEarningsMember" name="ugp:IncreaseDecreaseThroughCapitalIncreaseFromSubsidiaryNoncontrollingShareholders" unitRef="BRL" id="Tag5603" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.2735%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_AdditionalDividendsMember" name="ugp:IncreaseDecreaseThroughCapitalIncreaseFromSubsidiaryNoncontrollingShareholders" unitRef="BRL" id="Tag5105" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 5.12821%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_EquityAttributableToOwnersOfParentMember" name="ugp:IncreaseDecreaseThroughCapitalIncreaseFromSubsidiaryNoncontrollingShareholders" unitRef="BRL" id="Tag5505" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.5584%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_NoncontrollingInterestsMember" name="ugp:IncreaseDecreaseThroughCapitalIncreaseFromSubsidiaryNoncontrollingShareholders" unitRef="BRL" id="Tag5475" decimals="-3" scale="3" format="ixt:num-dot-decimal">6,996</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.96432%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 5.03324%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ugp:IncreaseDecreaseThroughCapitalIncreaseFromSubsidiaryNoncontrollingShareholders" unitRef="BRL" id="Tag5472" decimals="-3" scale="3" format="ixt:num-dot-decimal">6,996</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.949668%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 25.641%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> Approval of additional dividends by the Shareholders&#8217; Meeting </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.60874%;">
<p style="margin: 0pt; text-align: center;"><span> 25.h </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_IssuedCapitalMember" name="ifrs-full:DividendsRecognisedAsDistributionsToOwnersOfParent" unitRef="BRL" id="Tag5462" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.2735%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_EquityInstrumentGrantedMember" name="ifrs-full:DividendsRecognisedAsDistributionsToOwnersOfParent" unitRef="BRL" id="Tag87" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.189934%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.7037%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_CapitalReserveMember" name="ifrs-full:DividendsRecognisedAsDistributionsToOwnersOfParent" unitRef="BRL" id="Tag5558" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_TreasurySharesMember" name="ifrs-full:DividendsRecognisedAsDistributionsToOwnersOfParent" unitRef="BRL" id="Tag5435" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_RevaluationSurplusMember" name="ifrs-full:DividendsRecognisedAsDistributionsToOwnersOfParent" unitRef="BRL" id="Tag5459" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.7037%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_StatutoryReserveMember" name="ifrs-full:DividendsRecognisedAsDistributionsToOwnersOfParent" unitRef="BRL" id="Tag5108" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_InvestmentsStatutoryReserveMember" name="ifrs-full:DividendsRecognisedAsDistributionsToOwnersOfParent" unitRef="BRL" id="Tag6865" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_ValuationAdjustmentsMember" name="ifrs-full:DividendsRecognisedAsDistributionsToOwnersOfParent" unitRef="BRL" id="Tag5007" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_ReserveOfExchangeDifferencesOnTranslationMember" name="ifrs-full:DividendsRecognisedAsDistributionsToOwnersOfParent" unitRef="BRL" id="Tag4974" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_RetainedEarningsMember" name="ifrs-full:DividendsRecognisedAsDistributionsToOwnersOfParent" unitRef="BRL" id="Tag5024" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.2735%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_AdditionalDividendsMember" name="ifrs-full:DividendsRecognisedAsDistributionsToOwnersOfParent" unitRef="BRL" id="Tag5485" decimals="-3" scale="3" format="ixt:num-dot-decimal">109,355</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.12821%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_EquityAttributableToOwnersOfParentMember" name="ifrs-full:DividendsRecognisedAsDistributionsToOwnersOfParent" unitRef="BRL" id="Tag6301" decimals="-3" scale="3" format="ixt:num-dot-decimal">109,355</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.5584%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_NoncontrollingInterestsMember" name="ifrs-full:DividendsRecognisedAsDistributionsToOwnersOfParent" unitRef="BRL" id="Tag6305" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.96432%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.03324%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231" name="ifrs-full:DividendsRecognisedAsDistributionsToOwnersOfParent" unitRef="BRL" id="Tag5588" decimals="-3" scale="3" format="ixt:num-dot-decimal">109,355</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.949668%;"><span style="font-size: 7pt;">)</span></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 25.641%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> Allocation of net income: </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 3.60874%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"><span style="border-left: none; border-right: none;"> - </span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.2735%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"><span style="border-left: none; border-right: none;"> - </span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.189934%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 3.7037%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"><span style="border-left: none; border-right: none;"> - </span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"><span style="border-left: none; border-right: none;"> - </span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"><span style="border-left: none; border-right: none;"> - </span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 3.7037%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"><span style="border-left: none; border-right: none;"> - </span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"><span style="border-left: none; border-right: none;"> - </span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"><span style="border-left: none; border-right: none;"> - </span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"><span style="border-left: none; border-right: none;"> - </span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"><span style="border-left: none; border-right: none;"> - </span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.2735%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"><span style="border-left: none; border-right: none;"> - </span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 5.12821%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"><span style="border-left: none; border-right: none;"> - </span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.5584%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"><span style="border-left: none; border-right: none;"> - </span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.96432%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 5.03324%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"><span style="border-left: none; border-right: none;"> - </span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.949668%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 25.641%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> Legal reserve </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.60874%;">
<p style="margin: 0pt; text-align: center;"><span> 25.f; 25.h </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_IssuedCapitalMember" name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity" unitRef="BRL" id="Tag5073" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.2735%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_EquityInstrumentGrantedMember" name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity" unitRef="BRL" id="Tag5432" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.189934%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.7037%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_CapitalReserveMember" name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity" unitRef="BRL" id="Tag4982" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_TreasurySharesMember" name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity" unitRef="BRL" id="Tag5309" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_RevaluationSurplusMember" name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity" unitRef="BRL" id="Tag4973" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.7037%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_StatutoryReserveMember" name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity" unitRef="BRL" id="Tag84" decimals="-3" scale="3" format="ixt:num-dot-decimal">18,676</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_InvestmentsStatutoryReserveMember" name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity" unitRef="BRL" id="Tag5610" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_ValuationAdjustmentsMember" name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity" unitRef="BRL" id="Tag5523" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_ReserveOfExchangeDifferencesOnTranslationMember" name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity" unitRef="BRL" id="Tag5045" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_RetainedEarningsMember" name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity" unitRef="BRL" id="Tag5253" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">18,676</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.2735%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_AdditionalDividendsMember" name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity" unitRef="BRL" id="Tag4960" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.12821%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_EquityAttributableToOwnersOfParentMember" name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity" unitRef="BRL" id="Tag5097" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 4.5584%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_NoncontrollingInterestsMember" name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity" unitRef="BRL" id="Tag5124" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.96432%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 5.03324%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231" name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity" unitRef="BRL" id="Tag5548" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.949668%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 25.641%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span> Interim dividends (R$ <ix:nonFraction contextRef="D20191231" name="ugp:InterimDividendsPerShare" unitRef="BRLPerShare" id="Tag32" decimals="2" format="ixt:num-dot-decimal">0.20</ix:nonFraction> per share of the Company) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 3.60874%;">
<p style="margin: 0pt; text-align: center;"><span> 25.h </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_IssuedCapitalMember" name="ugp:InterimDividends" unitRef="BRL" id="Tag5044" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.2735%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_EquityInstrumentGrantedMember" name="ugp:InterimDividends" unitRef="BRL" id="Tag5393" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.189934%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 3.7037%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_CapitalReserveMember" name="ugp:InterimDividends" unitRef="BRL" id="Tag5288" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_TreasurySharesMember" name="ugp:InterimDividends" unitRef="BRL" id="Tag5382" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_RevaluationSurplusMember" name="ugp:InterimDividends" unitRef="BRL" id="Tag5002" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 3.7037%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_StatutoryReserveMember" name="ugp:InterimDividends" unitRef="BRL" id="Tag5251" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_InvestmentsStatutoryReserveMember" name="ugp:InterimDividends" unitRef="BRL" id="Tag76" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_ValuationAdjustmentsMember" name="ugp:InterimDividends" unitRef="BRL" id="Tag5099" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_ReserveOfExchangeDifferencesOnTranslationMember" name="ugp:InterimDividends" unitRef="BRL" id="Tag5516" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_RetainedEarningsMember" name="ugp:InterimDividends" unitRef="BRL" id="Tag5544" decimals="-3" scale="3" format="ixt:num-dot-decimal">217,382</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.2735%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_AdditionalDividendsMember" name="ugp:InterimDividends" unitRef="BRL" id="Tag4949" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 5.12821%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_EquityAttributableToOwnersOfParentMember" name="ugp:InterimDividends" unitRef="BRL" id="Tag5190" decimals="-3" scale="3" format="ixt:num-dot-decimal">217,382</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.5584%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_NoncontrollingInterestsMember" name="ugp:InterimDividends" unitRef="BRL" id="Tag6314" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.96432%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 5.03324%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231" name="ugp:InterimDividends" unitRef="BRL" id="Tag6273" decimals="-3" scale="3" format="ixt:num-dot-decimal">217,382</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.949668%;"><span style="font-size: 7pt;">)</span></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 25.641%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span> Proposed dividends (R$ <ix:nonFraction contextRef="D20191231" name="ugp:ProposedDividendsPerShare" unitRef="BRLPerShare" id="Tag5083" decimals="2" format="ixt:num-dot-decimal">0.24</ix:nonFraction> per share of the Company) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 3.60874%;">
<p style="margin: 0pt; text-align: center;"><span> 25.h </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_IssuedCapitalMember" name="ugp:ProposedDividends" unitRef="BRL" id="Tag5490" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; width: 4.2735%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_EquityInstrumentGrantedMember" name="ugp:ProposedDividends" unitRef="BRL" id="Tag5489" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.189934%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; width: 3.7037%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_CapitalReserveMember" name="ugp:ProposedDividends" unitRef="BRL" id="Tag5272" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_TreasurySharesMember" name="ugp:ProposedDividends" unitRef="BRL" id="Tag5510" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_RevaluationSurplusMember" name="ugp:ProposedDividends" unitRef="BRL" id="Tag5589" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; width: 3.7037%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_StatutoryReserveMember" name="ugp:ProposedDividends" unitRef="BRL" id="Tag5410" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_InvestmentsStatutoryReserveMember" name="ugp:ProposedDividends" unitRef="BRL" id="Tag5438" decimals="-3" scale="3" format="ixt:num-dot-decimal">124,002</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_ValuationAdjustmentsMember" name="ugp:ProposedDividends" unitRef="BRL" id="Tag119" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_ReserveOfExchangeDifferencesOnTranslationMember" name="ugp:ProposedDividends" unitRef="BRL" id="Tag5370" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_RetainedEarningsMember" name="ugp:ProposedDividends" unitRef="BRL" id="Tag5488" decimals="-3" scale="3" format="ixt:num-dot-decimal">137,468</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><span style="font-size: 7pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; width: 4.2735%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_AdditionalDividendsMember" name="ugp:ProposedDividends" unitRef="BRL" id="Tag5283" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">261,470</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; width: 5.12821%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_EquityAttributableToOwnersOfParentMember" name="ugp:ProposedDividends" unitRef="BRL" id="Tag5529" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; width: 4.5584%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_NoncontrollingInterestsMember" name="ugp:ProposedDividends" unitRef="BRL" id="Tag5421" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.96432%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; width: 5.03324%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231" name="ugp:ProposedDividends" unitRef="BRL" id="Tag5091" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.949668%;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 25.641%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> Balance as of December 31, 2019 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 3.60874%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px; background-color: #cceeff; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20191231_IssuedCapitalMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5440" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,171,752</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px; background-color: #cceeff; width: 4.2735%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20191231_EquityInstrumentGrantedMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5250" decimals="-3" scale="3" format="ixt:num-dot-decimal">11,970</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.189934%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px; background-color: #cceeff; width: 3.7037%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20191231_CapitalReserveMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5456" decimals="-3" scale="3" format="ixt:num-dot-decimal">542,400</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px; background-color: #cceeff; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="I20191231_TreasurySharesMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5425" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">485,383</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.379867%;"><span style="font-size: 7pt; font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px; background-color: #cceeff; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20191231_RevaluationSurplusMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5031" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,522</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px; background-color: #cceeff; width: 3.7037%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20191231_StatutoryReserveMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag1604" decimals="-3" scale="3" format="ixt:num-dot-decimal">705,341</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px; background-color: #cceeff; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20191231_InvestmentsStatutoryReserveMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5017" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,290,073</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px; background-color: #cceeff; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="I20191231_ValuationAdjustmentsMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5369" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">146,317</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.379867%;"><span style="font-size: 7pt; font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px; background-color: #cceeff; width: 4.74834%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20191231_ReserveOfExchangeDifferencesOnTranslationMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5402" decimals="-3" scale="3" format="ixt:num-dot-decimal">102,427</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.2849%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px; background-color: #cceeff; width: 3.89364%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20191231_RetainedEarningsMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag33" xsi:nil="true"></ix:nonFraction>-&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px; background-color: #cceeff; width: 4.2735%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20191231_AdditionalDividendsMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5611" decimals="-3" scale="3" format="ixt:num-dot-decimal">261,470</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.2849%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px; background-color: #cceeff; width: 5.12821%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20191231_EquityAttributableToOwnersOfParentMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5226" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,458,255</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.379867%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px; background-color: #cceeff; width: 4.5584%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20191231_NoncontrollingInterestsMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag5460" decimals="-3" scale="3" format="ixt:num-dot-decimal">376,920</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.96432%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.379867%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px; background-color: #cceeff; width: 5.03324%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20191231" name="ifrs-full:Equity" unitRef="BRL" id="Tag5270" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,835,175</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.949668%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The accompanying notes are an integral part of the </span><span style="font-family: 'Times New Roman';">consolidated </span><span style="font-family: 'Times New Roman';">financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: left;"><br/></p>
<div>
<div id="t_ft_2IDYIBPW5C00000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-13</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
</div>
</div><div id="Normadiv110" style="font-family: 'times new roman', times; font-size: 10pt;">
<div>
<p style="margin: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Ultrapar Participa&#231;&#245;es S.A. and</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Subsidiaries</span></span><br/></p>
</div>
<div>
<div style="margin: 2pt 0pt 0pt; text-align: justify;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none;" href="#TOC" id="BCF_C0HVFZJFKG00000000000000000000" class="customBookmark"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Consolidated </span><span style="font-family: 'Times New Roman';">Statements of </span><span style="font-family: 'Times New Roman';">C</span><span style="font-family: 'Times New Roman';">ash </span><span style="font-family: 'Times New Roman';">F</span><span style="font-family: 'Times New Roman';">lows </span><span style="font-family: 'Times New Roman';">&#8211;</span><span style="font-family: 'Times New Roman';"> Indirect </span><span style="font-family: 'Times New Roman';">M</span><span style="font-family: 'Times New Roman';">ethod</span></span></a></div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-weight: bold;">For</span><span style="font-family: 'Times New Roman'; font-weight: bold;"> the </span><span style="font-family: 'Times New Roman'; font-weight: bold;">years</span><span style="font-family: 'Times New Roman'; font-weight: bold;"> e</span><span style="font-family: 'Times New Roman'; font-weight: bold;">nded </span><span style="font-family: 'Times New Roman'; font-weight: bold;">December</span><span style="font-family: 'Times New Roman'; font-weight: bold;"> 3</span><span>1</span><span>, 202</span><span>1</span><span style="font-family: 'Times New Roman'; font-weight: bold;">,</span><span> 20</span><span>20</span><span> and 2019</span></span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">(In thousands of Brazilian Reais)&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_SWEIKSILCG00000000000000000000b">
<table cellpadding="0" style="height: 899px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Note </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center; font-weight: bold;"><span> 2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center; font-weight: bold;"><span> 2020 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px;"><br/></td>
<td style="vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center; font-weight: bold;"><span> 2019 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Re-presented</span></p>
</td>
<td style="vertical-align: top; background-color: #ffffff; margin-left: 0.1px; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #ffffff; margin-left: 0.1px; height: 17px;"><br/></td>
<td style="vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Re-presented</span></p>
</td>
<td style="vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 49%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Cash flows from operating activities </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 2%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; width: 2%;"><br/></td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Profit from continuing operations </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:ProfitLossFromContinuingOperations" unitRef="BRL" id="Tag915" decimals="-3" scale="3" format="ixt:num-dot-decimal">818,614</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:ProfitLossFromContinuingOperations" unitRef="BRL" id="Tag6342" decimals="-3" scale="3" format="ixt:num-dot-decimal">647,064</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:ProfitLossFromContinuingOperations" unitRef="BRL" id="Tag928" decimals="-3" scale="3" format="ixt:num-dot-decimal">895,201</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 25px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 25px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Adjustments to reconcile net income to cash provided by operating activities from continuing operations </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 25px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 25px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 25px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 25px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 25px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 25px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 25px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 25px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 25px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Share of loss (profit) of joint ventures and associates </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 13 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod" unitRef="BRL" id="Tag1015" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">17,634</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod" unitRef="BRL" id="Tag962" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">44,031</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod" unitRef="BRL" id="Tag925" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">12,708</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Amortization of contractual assets with customers &#8211; exclusive rights </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 12 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers" unitRef="BRL" id="Tag1037" decimals="-3" scale="3" format="ixt:num-dot-decimal">282,521</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers" unitRef="BRL" id="Tag6378" decimals="-3" scale="3" format="ixt:num-dot-decimal">289,436</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers" unitRef="BRL" id="Tag5836" decimals="-3" scale="3" format="ixt:num-dot-decimal">355,250</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Amortization of right-of-use assets </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 14.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ugp:AdjustmentsForAmortizationOfRightOfUseAssets" unitRef="BRL" id="Tag1075" decimals="-3" scale="3" format="ixt:num-dot-decimal">260,716</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ugp:AdjustmentsForAmortizationOfRightOfUseAssets" unitRef="BRL" id="Tag913" decimals="-3" scale="3" format="ixt:num-dot-decimal">242,670</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ugp:AdjustmentsForAmortizationOfRightOfUseAssets" unitRef="BRL" id="Tag1003" decimals="-3" scale="3" format="ixt:num-dot-decimal">216,609</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Depreciation and amortization </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 15; 16 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:AdjustmentsForDepreciationAndAmortisationExpense" unitRef="BRL" id="Tag661" decimals="-3" scale="3" format="ixt:num-dot-decimal">653,118</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:AdjustmentsForDepreciationAndAmortisationExpense" unitRef="BRL" id="Tag660" decimals="-3" scale="3" format="ixt:num-dot-decimal">595,531</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:AdjustmentsForDepreciationAndAmortisationExpense" unitRef="BRL" id="Tag6345" decimals="-3" scale="3" format="ixt:num-dot-decimal">551,768</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> PIS and COFINS credits on depreciation </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 15; 16 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ugp:AdjustmentsForCreditsOnDepreciation" unitRef="BRL" id="Tag947" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">7,081</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ugp:AdjustmentsForCreditsOnDepreciation" unitRef="BRL" id="Tag1034" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">6,062</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ugp:AdjustmentsForCreditsOnDepreciation" unitRef="BRL" id="Tag891" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">4,891</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Interest and foreign exchange rate variations </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:AdjustmentsForUnrealisedForeignExchangeLossesGains" unitRef="BRL" id="Tag6376" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,133,882</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:AdjustmentsForUnrealisedForeignExchangeLossesGains" unitRef="BRL" id="Tag927" decimals="-3" scale="3" format="ixt:num-dot-decimal">533,926</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:AdjustmentsForUnrealisedForeignExchangeLossesGains" unitRef="BRL" id="Tag911" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,043,899</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Deferred income and social contribution taxes </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 10.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:AdjustmentsForDeferredTaxExpense" unitRef="BRL" id="Tag951" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">242,246</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:AdjustmentsForDeferredTaxExpense" unitRef="BRL" id="Tag1044" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">234,244</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">)</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:AdjustmentsForDeferredTaxExpense" unitRef="BRL" id="Tag1058" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,633</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Current income and social contribution taxes </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 10.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ugp:AdjustmentsForCurrentTaxExpense" unitRef="BRL" id="Tag1088" decimals="-3" scale="3" format="ixt:num-dot-decimal">430,280</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ugp:AdjustmentsForCurrentTaxExpense" unitRef="BRL" id="Tag997" decimals="-3" scale="3" format="ixt:num-dot-decimal">538,761</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ugp:AdjustmentsForCurrentTaxExpense" unitRef="BRL" id="Tag1069" decimals="-3" scale="3" format="ixt:num-dot-decimal">467,345</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Loss on disposal of property, plant, and equipment and intangibles </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span> 29 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets" unitRef="BRL" id="Tag917" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">184,189</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets" unitRef="BRL" id="Tag1018" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">85,455</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; height: 10px; margin-left: 0.1px; vertical-align: bottom;">)</td>
<td style="padding: 0px; margin-left: 0.1px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231" name="ifrs-full:AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets" unitRef="BRL" id="Tag6348" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,700</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Reversion (loss) allowance for expected credit losses </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 6 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeAndOtherReceivables" unitRef="BRL" id="Tag912" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">3,123</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeAndOtherReceivables" unitRef="BRL" id="Tag1025" decimals="-3" scale="3" format="ixt:num-dot-decimal">15,281</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeAndOtherReceivables" unitRef="BRL" id="Tag5835" decimals="-3" scale="3" format="ixt:num-dot-decimal">34,981</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Provision for losses in inventories </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 7 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ugp:AdjustmentsForProvisionForLossesInInventories" unitRef="BRL" id="Tag1040" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">826</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ugp:AdjustmentsForProvisionForLossesInInventories" unitRef="BRL" id="Tag1073" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,338</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231" name="ugp:AdjustmentsForProvisionForLossesInInventories" unitRef="BRL" id="Tag5727" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">115</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Provision for post-employment benefits </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 21.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ugp:AdjustmentsForProvisionForPostemploymentBenefits" unitRef="BRL" id="Tag6341" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">2,393</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ugp:AdjustmentsForProvisionForPostemploymentBenefits" unitRef="BRL" id="Tag939" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">15,867</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">)</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ugp:AdjustmentsForProvisionForPostemploymentBenefits" unitRef="BRL" id="Tag1008" decimals="-3" scale="3" format="ixt:num-dot-decimal">14,749</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Equity instrument granted </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:AdjustmentsForSharebasedPayments" unitRef="BRL" id="Tag985" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,364</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:AdjustmentsForSharebasedPayments" unitRef="BRL" id="Tag940" decimals="-3" scale="3" format="ixt:num-dot-decimal">8,793</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:AdjustmentsForSharebasedPayments" unitRef="BRL" id="Tag936" decimals="-3" scale="3" format="ixt:num-dot-decimal">6,222</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Provision of decarbonization &#8211; CBIO </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 30 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ugp:AdjustmentsForProvisionOfDecarbonization" unitRef="BRL" id="Tag6366" decimals="-3" scale="3" format="ixt:num-dot-decimal">161,281</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ugp:AdjustmentsForProvisionOfDecarbonization" unitRef="BRL" id="Tag987" decimals="-3" scale="3" format="ixt:num-dot-decimal">124,287</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ugp:AdjustmentsForProvisionOfDecarbonization" unitRef="BRL" id="Tag1005" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Provision for tax, civil, and labor risks </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 23.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ugp:AdjustmentsForProvisionForTaxCivilAndLaborRisks" unitRef="BRL" id="Tag991" decimals="-3" scale="3" format="ixt:num-dot-decimal">93,328</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ugp:AdjustmentsForProvisionForTaxCivilAndLaborRisks" unitRef="BRL" id="Tag1024" decimals="-3" scale="3" format="ixt:num-dot-decimal">21,582</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ugp:AdjustmentsForProvisionForTaxCivilAndLaborRisks" unitRef="BRL" id="Tag1101" decimals="-3" scale="3" format="ixt:num-dot-decimal">31,595</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Other provisions and adjustments </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ugp:AdjustmentsForOtherProvisionsAndAdjustments" unitRef="BRL" id="Tag6364" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,332</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ugp:AdjustmentsForOtherProvisionsAndAdjustments" unitRef="BRL" id="Tag1084" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,912</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">)</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; border-bottom: 1px solid #000000; padding: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ugp:AdjustmentsForOtherProvisionsAndAdjustments" unitRef="BRL" id="Tag7809" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,829</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital" unitRef="BRL" id="Tag1093" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,437,374</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital" unitRef="BRL" id="Tag1009" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,731,284</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital" unitRef="BRL" id="Tag938" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,641,865</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> (Increase) decrease in current assets </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Trade receivables and reseller financing </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 6 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:AdjustmentsForDecreaseIncreaseInTradeAccountReceivable" unitRef="BRL" id="Tag937" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">968,787</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:AdjustmentsForDecreaseIncreaseInTradeAccountReceivable" unitRef="BRL" id="Tag1042" decimals="-3" scale="3" format="ixt:num-dot-decimal">481,984</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:AdjustmentsForDecreaseIncreaseInTradeAccountReceivable" unitRef="BRL" id="Tag191" decimals="-3" scale="3" format="ixt:num-dot-decimal">240,474</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Inventories </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 7 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:AdjustmentsForDecreaseIncreaseInInventories" unitRef="BRL" id="Tag909" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,626,670</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:AdjustmentsForDecreaseIncreaseInInventories" unitRef="BRL" id="Tag1021" decimals="-3" scale="3" format="ixt:num-dot-decimal">108,136</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231" name="ifrs-full:AdjustmentsForDecreaseIncreaseInInventories" unitRef="BRL" id="Tag926" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">486,534</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Recoverable taxes </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 8 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ugp:AdjustmentsForDecreaseIncreaseInCurrentRecoverableTaxes" unitRef="BRL" id="Tag950" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">672,607</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ugp:AdjustmentsForDecreaseIncreaseInCurrentRecoverableTaxes" unitRef="BRL" id="Tag1100" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">115,316</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">)</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231" name="ugp:AdjustmentsForDecreaseIncreaseInCurrentRecoverableTaxes" unitRef="BRL" id="Tag923" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">633,069</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Dividends received from joint ventures </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:DividendsReceivedClassifiedAsOperatingActivities" unitRef="BRL" id="Tag1066" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,005</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:DividendsReceivedClassifiedAsOperatingActivities" unitRef="BRL" id="Tag1043" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,836</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:DividendsReceivedClassifiedAsOperatingActivities" unitRef="BRL" id="Tag6373" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,108</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Other receivables </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:AdjustmentsForDecreaseIncreaseInOtherOperatingReceivables" unitRef="BRL" id="Tag6357" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">24,360</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:AdjustmentsForDecreaseIncreaseInOtherOperatingReceivables" unitRef="BRL" id="Tag6618" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">18,922</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">)</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:AdjustmentsForDecreaseIncreaseInOtherOperatingReceivables" unitRef="BRL" id="Tag1051" decimals="-3" scale="3" format="ixt:num-dot-decimal">24,335</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Prepaid expenses </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 11 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ugp:AdjustmentsForDecreaseIncreaseInCurrentPrepaidExpenses" unitRef="BRL" id="Tag1079" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">61,573</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ugp:AdjustmentsForDecreaseIncreaseInCurrentPrepaidExpenses" unitRef="BRL" id="Tag960" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">70,503</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">)</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231" name="ugp:AdjustmentsForDecreaseIncreaseInCurrentPrepaidExpenses" unitRef="BRL" id="Tag1007" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">13,368</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Increase (decrease) in current liabilities </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Trade payables </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 18 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:AdjustmentsForIncreaseDecreaseInTradeAccountPayable" unitRef="BRL" id="Tag6382" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,425,821</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:AdjustmentsForIncreaseDecreaseInTradeAccountPayable" unitRef="BRL" id="Tag1023" decimals="-3" scale="3" format="ixt:num-dot-decimal">798,180</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:AdjustmentsForIncreaseDecreaseInTradeAccountPayable" unitRef="BRL" id="Tag6343" decimals="-3" scale="3" format="ixt:num-dot-decimal">77,131</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Salaries and related charges </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 19 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ugp:AdjustmentsForIncreaseDecreaseInSalariesAndRelatedCharges" unitRef="BRL" id="Tag188" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">63,066</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ugp:AdjustmentsForIncreaseDecreaseInSalariesAndRelatedCharges" unitRef="BRL" id="Tag6338" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">15,644</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ugp:AdjustmentsForIncreaseDecreaseInSalariesAndRelatedCharges" unitRef="BRL" id="Tag1038" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">9,872</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Taxes payable </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 20 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ugp:AdjustmentsForIncreaseDecreaseInCurrentTaxesPayable" unitRef="BRL" id="Tag6336" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">11,733</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ugp:AdjustmentsForIncreaseDecreaseInCurrentTaxesPayable" unitRef="BRL" id="Tag6355" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">22,925</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span>(<ix:nonFraction contextRef="D20191231" name="ugp:AdjustmentsForIncreaseDecreaseInCurrentTaxesPayable" unitRef="BRL" id="Tag190" decimals="-3" scale="3" format="ixt:num-dot-decimal">10,291</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Post-employment benefits </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 21.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:AdjustmentsForIncreaseDecreaseInEmployeeBenefitLiabilities" unitRef="BRL" id="Tag6353" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">2,814</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:AdjustmentsForIncreaseDecreaseInEmployeeBenefitLiabilities" unitRef="BRL" id="Tag1020" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,273</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231" name="ifrs-full:AdjustmentsForIncreaseDecreaseInEmployeeBenefitLiabilities" unitRef="BRL" id="Tag992" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">15,355</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Other payables </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:AdjustmentsForIncreaseDecreaseInOtherCurrentLiabilities" unitRef="BRL" id="Tag959" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">36,357</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:AdjustmentsForIncreaseDecreaseInOtherCurrentLiabilities" unitRef="BRL" id="Tag6354" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">16,663</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">)</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:AdjustmentsForIncreaseDecreaseInOtherCurrentLiabilities" unitRef="BRL" id="Tag890" decimals="-3" scale="3" format="ixt:num-dot-decimal">61,966</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Deferred revenue </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 24 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:AdjustmentsForIncreaseDecreaseInDeferredIncomeIncludingContractLiabilities" unitRef="BRL" id="Tag1105" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">10,614</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:AdjustmentsForIncreaseDecreaseInDeferredIncomeIncludingContractLiabilities" unitRef="BRL" id="Tag6375" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">9,814</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">)</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:AdjustmentsForIncreaseDecreaseInDeferredIncomeIncludingContractLiabilities" unitRef="BRL" id="Tag922" decimals="-3" scale="3" format="ixt:num-dot-decimal">769</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> (Increase) decrease in non-current assets </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Trade receivables and reseller financing </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 6 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ugp:AdjustmentsForDecreaseIncreaseInNonCurrentTradeReceivablesAndResellerFinancing" unitRef="BRL" id="Tag1012" decimals="-3" scale="3" format="ixt:num-dot-decimal">12,008</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ugp:AdjustmentsForDecreaseIncreaseInNonCurrentTradeReceivablesAndResellerFinancing" unitRef="BRL" id="Tag1001" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">73,035</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">)</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ugp:AdjustmentsForDecreaseIncreaseInNonCurrentTradeReceivablesAndResellerFinancing" unitRef="BRL" id="Tag889" decimals="-3" scale="3" format="ixt:num-dot-decimal">11,333</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Recoverable taxes </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 8 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ugp:AdjustmentsForDecreaseIncreaseInNonCurrentRecoverableTaxes" unitRef="BRL" id="Tag1011" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">153,526</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ugp:AdjustmentsForDecreaseIncreaseInNonCurrentRecoverableTaxes" unitRef="BRL" id="Tag1104" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">667,894</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">)</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231" name="ugp:AdjustmentsForDecreaseIncreaseInNonCurrentRecoverableTaxes" unitRef="BRL" id="Tag1087" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">28,182</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Escrow deposits </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 23 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ugp:AdjustmentsForDecreaseIncreaseInNonCurrentEscrowDeposits" unitRef="BRL" id="Tag1076" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">43,324</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ugp:AdjustmentsForDecreaseIncreaseInNonCurrentEscrowDeposits" unitRef="BRL" id="Tag1026" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">26,492</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">)</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231" name="ugp:AdjustmentsForDecreaseIncreaseInNonCurrentEscrowDeposits" unitRef="BRL" id="Tag1103" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">35,064</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Other receivables </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables" unitRef="BRL" id="Tag1041" decimals="-3" scale="3" format="ixt:num-dot-decimal">73,903</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables" unitRef="BRL" id="Tag1035" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">27,738</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">)</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231" name="ifrs-full:AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables" unitRef="BRL" id="Tag1027" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">801</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Prepaid expenses </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 11 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ugp:AdjustmentsForIncreaseDecreasePrepaidExpensesNoncurrent" unitRef="BRL" id="Tag895" decimals="-3" scale="3" format="ixt:num-dot-decimal">35,962</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ugp:AdjustmentsForIncreaseDecreasePrepaidExpensesNoncurrent" unitRef="BRL" id="Tag918" decimals="-3" scale="3" format="ixt:num-dot-decimal">6,683</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ugp:AdjustmentsForIncreaseDecreasePrepaidExpensesNoncurrent" unitRef="BRL" id="Tag988" decimals="-3" scale="3" format="ixt:num-dot-decimal">8,573</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Increase (decrease) in non-current liabilities </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Post-employment benefits </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 21.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ugp:AdjustmentsForIncreaseDecreaseInPostEmploymentBenefitsNonCurrent" unitRef="BRL" id="Tag1089" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">11,907</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ugp:AdjustmentsForIncreaseDecreaseInPostEmploymentBenefitsNonCurrent" unitRef="BRL" id="Tag982" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">8,700</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231" name="ugp:AdjustmentsForIncreaseDecreaseInPostEmploymentBenefitsNonCurrent" unitRef="BRL" id="Tag998" decimals="-3" scale="3" format="ixt:num-dot-decimal">18,632</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Provision for tax, civil, and labor risks&#160;</span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 23.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ugp:AdjustmentsForIncreaseDecreaseInProvisionForTaxCivilAndLaborRisksNoncurrent" unitRef="BRL" id="Tag6367" decimals="-3" scale="3" format="ixt:num-dot-decimal">28</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ugp:AdjustmentsForIncreaseDecreaseInProvisionForTaxCivilAndLaborRisksNoncurrent" unitRef="BRL" id="Tag1057" decimals="-3" scale="3" format="ixt:num-dot-decimal">104</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">)</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ugp:AdjustmentsForIncreaseDecreaseInProvisionForTaxCivilAndLaborRisksNoncurrent" unitRef="BRL" id="Tag5420" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Other payables </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:AdjustmentsForIncreaseDecreaseInOtherOperatingPayables" unitRef="BRL" id="Tag6381" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">17,193</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:AdjustmentsForIncreaseDecreaseInOtherOperatingPayables" unitRef="BRL" id="Tag6368" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">34,721</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">)</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:AdjustmentsForIncreaseDecreaseInOtherOperatingPayables" unitRef="BRL" id="Tag6360" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,637</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Deferred revenue </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; text-align: center; height: 17px; background-color: #cceeff;">24</td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; height: 17px; background-color: #cceeff;" class="ng-scope"><ix:nonFraction contextRef="D20211231_3" name="ugp:AdjustmentsForIncreaseDecreaseInNonCurrentDeferredRevenue" unitRef="BRL" id="Tag1036" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; height: 17px; background-color: #cceeff;" class="ng-scope"><ix:nonFraction contextRef="D20201231_3" name="ugp:AdjustmentsForIncreaseDecreaseInNonCurrentDeferredRevenue" unitRef="BRL" id="Tag6895" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; padding: 0px; text-align: right; height: 17px; background-color: #cceeff;" class="ng-scope">(<ix:nonFraction contextRef="D20191231" name="ugp:AdjustmentsForIncreaseDecreaseInNonCurrentDeferredRevenue" unitRef="BRL" id="Tag1028" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">11,850</ix:nonFraction></td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Acquisition of CBIO </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 16 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ugp:AdjustmentsForIncreaseDecreaseInAcquisitionOfDecarbonizationCredits" unitRef="BRL" id="Tag1070" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">176,837</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ugp:AdjustmentsForIncreaseDecreaseInAcquisitionOfDecarbonizationCredits" unitRef="BRL" id="Tag929" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">125,345</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">)</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ugp:AdjustmentsForIncreaseDecreaseInAcquisitionOfDecarbonizationCredits" unitRef="BRL" id="Tag1092" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Payments of contractual assets with customers &#8211; exclusive rights </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 12 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ugp:AdjustmentsForIncreaseDecreaseInNonCurrentPaymentsOfContractualAssetsWithCustomersExclusiveRights" unitRef="BRL" id="Tag1052" decimals="-3" scale="3" format="ixt:num-dot-decimal">420,261</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ugp:AdjustmentsForIncreaseDecreaseInNonCurrentPaymentsOfContractualAssetsWithCustomersExclusiveRights" unitRef="BRL" id="Tag980" decimals="-3" scale="3" format="ixt:num-dot-decimal">356,045</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">)</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231" name="ugp:AdjustmentsForIncreaseDecreaseInNonCurrentPaymentsOfContractualAssetsWithCustomersExclusiveRights" unitRef="BRL" id="Tag1097" decimals="-3" scale="3" format="ixt:num-dot-decimal">330,068</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Payments of contingencies </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 23.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ugp:AdjustmentsForIncreaseDecreaseInPaymentsOfContingencies" unitRef="BRL" id="Tag1086" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">24,351</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ugp:AdjustmentsForIncreaseDecreaseInPaymentsOfContingencies" unitRef="BRL" id="Tag7807" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">39,256</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">)</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231" name="ugp:AdjustmentsForIncreaseDecreaseInPaymentsOfContingencies" unitRef="BRL" id="Tag6337" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">22,966</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Income and social contribution taxes paid </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ugp:AdjustmentsForIncreaseDecreaseInIncomeAndSocialContributionTaxesPaidNoncurrent" unitRef="BRL" id="Tag6896" decimals="-3" scale="3" format="ixt:num-dot-decimal">230,036</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ugp:AdjustmentsForIncreaseDecreaseInIncomeAndSocialContributionTaxesPaidNoncurrent" unitRef="BRL" id="Tag898" decimals="-3" scale="3" format="ixt:num-dot-decimal">333,784</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">)</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; border-bottom: 1px solid #000000; padding: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231" name="ugp:AdjustmentsForIncreaseDecreaseInIncomeAndSocialContributionTaxesPaidNoncurrent" unitRef="BRL" id="Tag6370" decimals="-3" scale="3" format="ixt:num-dot-decimal">111,499</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Net cash provided by operating activities from continuing operations </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:CashFlowsFromUsedInOperatingActivitiesContinuingOperations" unitRef="BRL" id="Tag6361" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,603,441</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:CashFlowsFromUsedInOperatingActivitiesContinuingOperations" unitRef="BRL" id="Tag6371" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,264,013</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;"><br/></td>
<td style="vertical-align: top; border-bottom: 1px solid #000000; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:CashFlowsFromUsedInOperatingActivitiesContinuingOperations" unitRef="BRL" id="Tag6340" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,372,384</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net cash provided by operating activities from discontinued operations </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:CashFlowsFromUsedInOperatingActivitiesDiscontinuedOperations" unitRef="BRL" id="Tag993" decimals="-3" scale="3" format="ixt:num-dot-decimal">982,519</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:CashFlowsFromUsedInOperatingActivitiesDiscontinuedOperations" unitRef="BRL" id="Tag935" decimals="-3" scale="3" format="ixt:num-dot-decimal">874,106</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; border-bottom: 1px solid #000000; padding: 0px; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:CashFlowsFromUsedInOperatingActivitiesDiscontinuedOperations" unitRef="BRL" id="Tag1061" decimals="-3" scale="3" format="ixt:num-dot-decimal">552,468</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Net cash provided by operating activities </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:CashFlowsFromUsedInOperatingActivities" unitRef="BRL" id="Tag978" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,585,960</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:CashFlowsFromUsedInOperatingActivities" unitRef="BRL" id="Tag896" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,138,119</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 18px;"><br/></td>
<td style="vertical-align: top; border-bottom: 2.8pt double #000000; padding: 0px; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:CashFlowsFromUsedInOperatingActivities" unitRef="BRL" id="Tag921" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,924,852</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 18px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><br/></p>
<div>
<div id="t_ft_FB9Z0JUNQO00000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-14</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Ultrapar Participa&#231;&#245;es S.A. and Subsidiaries</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Consolidated </span><span style="font-family: 'Times New Roman';">Statements of Cash Flows </span><span style="font-family: 'Times New Roman';">&#8211;</span><span style="font-family: 'Times New Roman';"> Indirect Method</span></span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-weight: bold;">For the </span><span style="font-family: 'Times New Roman'; font-weight: bold;">years</span><span style="font-family: 'Times New Roman'; font-weight: bold;"> ended </span><span style="font-family: 'Times New Roman'; font-weight: bold;">December</span><span style="font-family: 'Times New Roman'; font-weight: bold;"> 3</span><span>1</span><span>, 202</span><span>1</span><span style="font-family: 'Times New Roman'; font-weight: bold;">,</span><span> 20</span><span>20</span><span> and 2019</span></span></p>
<p style="margin: 2pt 0pt 3pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">(In thousands of Brazilian Reais)</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;</span></p>
<div id="t_ft_ABKDDQYM0W00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 607px;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center; font-weight: bold;"><span> 2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center; font-weight: bold;"><span> 2020 </span></p>
</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center; font-weight: bold;"><span> 2019 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 49%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Cash flows from investing activities </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 2%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: center;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Re-presented</span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; width: 2%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: center;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Re-presented</span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial investments, net of redemptions </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 5.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ugp:FinancialInvestmentsNetOfRedemptions" unitRef="BRL" id="Tag1053" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,863,053</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ugp:FinancialInvestmentsNetOfRedemptions" unitRef="BRL" id="Tag989" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">869,748</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">)</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ugp:FinancialInvestmentsNetOfRedemptions" unitRef="BRL" id="Tag963" decimals="-3" scale="3" format="ixt:num-dot-decimal">102,911</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Acquisition of property, plant, and equipment </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 15 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" unitRef="BRL" id="Tag995" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,028,419</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" unitRef="BRL" id="Tag916" decimals="-3" scale="3" format="ixt:num-dot-decimal">750,618</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">)</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231" name="ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" unitRef="BRL" id="Tag659" decimals="-3" scale="3" format="ixt:num-dot-decimal">720,779</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Acquisition of intangible assets </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 16 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" unitRef="BRL" id="Tag6346" decimals="-3" scale="3" format="ixt:num-dot-decimal">237,488</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" unitRef="BRL" id="Tag1002" decimals="-3" scale="3" format="ixt:num-dot-decimal">154,534</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">)</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231" name="ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" unitRef="BRL" id="Tag910" decimals="-3" scale="3" format="ixt:num-dot-decimal">111,251</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 17px;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Revenue on disposal of investments </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:ProceedsFromSalesOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" unitRef="BRL" id="Tag6356" decimals="-3" scale="3" format="ixt:num-dot-decimal">159,657</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20201231_3" name="ifrs-full:ProceedsFromSalesOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" unitRef="BRL" id="Tag1072" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:ProceedsFromSalesOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" unitRef="BRL" id="Tag986" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Capital increase in joint ventures </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 13.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivities" unitRef="BRL" id="Tag1099" decimals="-3" scale="3" format="ixt:num-dot-decimal">25,700</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivities" unitRef="BRL" id="Tag888" decimals="-3" scale="3" format="ixt:num-dot-decimal">28,840</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">)</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231" name="ifrs-full:OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivities" unitRef="BRL" id="Tag1082" decimals="-3" scale="3" format="ixt:num-dot-decimal">79,124</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 17px;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Capital decrease in associates </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 13.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ugp:CapitalReductionInAssociatesClassifiedAsInvestingActivities" unitRef="BRL" id="Tag6352" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,500</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20201231_3" name="ugp:CapitalReductionInAssociatesClassifiedAsInvestingActivities" unitRef="BRL" id="Tag1017" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ugp:CapitalReductionInAssociatesClassifiedAsInvestingActivities" unitRef="BRL" id="Tag6377" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Initial direct costs of right-of-use assets </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 14 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ugp:InitialDirectCostsOfRightToUseAssets" unitRef="BRL" id="Tag961" decimals="-3" scale="3" format="ixt:num-dot-decimal">14,905</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20201231_3" name="ugp:InitialDirectCostsOfRightToUseAssets" unitRef="BRL" id="Tag1013" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231" name="ugp:InitialDirectCostsOfRightToUseAssets" unitRef="BRL" id="Tag979" decimals="-3" scale="3" format="ixt:num-dot-decimal">68,007</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 17px;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Related parties </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 9.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:CashReceiptsFromRepaymentOfAdvancesAndLoansMadeToRelatedParties" unitRef="BRL" id="Tag1016" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,334</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20201231_3" name="ifrs-full:CashReceiptsFromRepaymentOfAdvancesAndLoansMadeToRelatedParties" unitRef="BRL" id="Tag6344" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:CashReceiptsFromRepaymentOfAdvancesAndLoansMadeToRelatedParties" unitRef="BRL" id="Tag934" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Proceeds from disposal of property, plant, and equipment and intangibles </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span>28</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" unitRef="BRL" id="Tag6379" decimals="-3" scale="3" format="ixt:num-dot-decimal">162,837</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" unitRef="BRL" id="Tag6372" decimals="-3" scale="3" format="ixt:num-dot-decimal">154,725</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;"><br/></td>
<td style="vertical-align: top; border-bottom: 1px solid #000000; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" unitRef="BRL" id="Tag1049" decimals="-3" scale="3" format="ixt:num-dot-decimal">36,912</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Net cash provided by (used in) investing activities from continuing operations </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:CashFlowsFromUsedInInvestingActivitiesContinuingOperations" unitRef="BRL" id="Tag1048" decimals="-3" scale="3" format="ixt:num-dot-decimal">882,869</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:CashFlowsFromUsedInInvestingActivitiesContinuingOperations" unitRef="BRL" id="Tag886" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,649,015</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; margin-left: 0.1px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td>
<td style="vertical-align: top; padding: 0px; height: 10px; background-color: #cceeff;"><br/></td>
<td style="border-bottom: 1px solid #000000; padding: 0px; height: 10px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231" name="ifrs-full:CashFlowsFromUsedInInvestingActivitiesContinuingOperations" unitRef="BRL" id="Tag192" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">839,338</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 10px; background-color: #cceeff;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Net cash provided by (used in) investing activities from discontinued operations </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:CashFlowsFromUsedInInvestingActivitiesDiscontinuedOperations" unitRef="BRL" id="Tag994" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">158,733</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:CashFlowsFromUsedInInvestingActivitiesDiscontinuedOperations" unitRef="BRL" id="Tag657" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">487,390</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; margin-left: 0.1px; vertical-align: bottom; height: 10px;">)</td>
<td style="vertical-align: top; padding: 0px; height: 10px;"><br/></td>
<td style="vertical-align: top; border-bottom: 1px solid #000000; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231" name="ifrs-full:CashFlowsFromUsedInInvestingActivitiesDiscontinuedOperations" unitRef="BRL" id="Tag1004" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">995,923</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 10px;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Net cash provided by (used in) investing activities </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:CashFlowsFromUsedInInvestingActivities" unitRef="BRL" id="Tag977" decimals="-3" scale="3" format="ixt:num-dot-decimal">724,136</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:CashFlowsFromUsedInInvestingActivities" unitRef="BRL" id="Tag1060" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">2,136,405</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px; background-color: #cceeff;">)</td>
<td style="vertical-align: top; padding: 0px; height: 10px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; border-bottom: 2.8pt double #000000; padding: 0px; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231" name="ifrs-full:CashFlowsFromUsedInInvestingActivities" unitRef="BRL" id="Tag6362" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,835,261</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 10px; background-color: #cceeff;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Cash flows from financing activities </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 18px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 18px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Loans and debentures </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 20pt; text-indent: 0.75pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Proceeds </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 17 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities" unitRef="BRL" id="Tag6347" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,383,611</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities" unitRef="BRL" id="Tag958" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,387,161</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities" unitRef="BRL" id="Tag1095" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,009,221</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 20pt; text-indent: 0.75pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Repayments </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 17 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities" unitRef="BRL" id="Tag1067" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,426,222</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities" unitRef="BRL" id="Tag1000" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,815,130</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">)</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231" name="ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities" unitRef="BRL" id="Tag1083" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,460,941</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 20pt; text-indent: 0.75pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Interest paid </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 17 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ugp:InterestPaidForBorrowingsClassifiedAsFinancingActivities" unitRef="BRL" id="Tag6350" decimals="-3" scale="3" format="ixt:num-dot-decimal">733,791</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ugp:InterestPaidForBorrowingsClassifiedAsFinancingActivities" unitRef="BRL" id="Tag948" decimals="-3" scale="3" format="ixt:num-dot-decimal">701,458</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">)</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231" name="ugp:InterestPaidForBorrowingsClassifiedAsFinancingActivities" unitRef="BRL" id="Tag6359" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,416,977</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 17px;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Payments of lease </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> </span><br/></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 20pt; text-indent: 0.75pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Principal </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 14 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" unitRef="BRL" id="Tag1098" decimals="-3" scale="3" format="ixt:num-dot-decimal">304,975</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" unitRef="BRL" id="Tag1071" decimals="-3" scale="3" format="ixt:num-dot-decimal">250,202</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">)</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231" name="ifrs-full:PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" unitRef="BRL" id="Tag1050" decimals="-3" scale="3" format="ixt:num-dot-decimal">210,147</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 17px;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 20pt; text-indent: 0.75pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Interest paid </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 14 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ugp:InterestPaidForLeaseLiabilitiesClassifiedAsFinancingActivities" unitRef="BRL" id="Tag6369" decimals="-3" scale="3" format="ixt:num-dot-decimal">15,267</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ugp:InterestPaidForLeaseLiabilitiesClassifiedAsFinancingActivities" unitRef="BRL" id="Tag1006" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,705</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">)</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231" name="ugp:InterestPaidForLeaseLiabilitiesClassifiedAsFinancingActivities" unitRef="BRL" id="Tag662" decimals="-3" scale="3" format="ixt:num-dot-decimal">11,892</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Dividends paid </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 26.h </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:DividendsPaidClassifiedAsFinancingActivities" unitRef="BRL" id="Tag5728" decimals="-3" scale="3" format="ixt:num-dot-decimal">705,753</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:DividendsPaidClassifiedAsFinancingActivities" unitRef="BRL" id="Tag6365" decimals="-3" scale="3" format="ixt:num-dot-decimal">284,767</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">)</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231" name="ifrs-full:DividendsPaidClassifiedAsFinancingActivities" unitRef="BRL" id="Tag957" decimals="-3" scale="3" format="ixt:num-dot-decimal">596,436</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 17px;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0pt 0pt 0pt 10pt; text-indent: 8.4pt;">Capital increase from non-controlling shareholders</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; height: 17px; background-color: #cceeff;" class="ng-scope"><ix:nonFraction contextRef="D20211231_3" name="ifrs-full:ProceedsFromContributionsOfNoncontrollingInterests" unitRef="BRL" id="Tag933" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; text-align: right; background-color: #cceeff;" class="ng-scope"><ix:nonFraction contextRef="D20201231_3" name="ifrs-full:ProceedsFromContributionsOfNoncontrollingInterests" unitRef="BRL" id="Tag1094" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; text-align: right; background-color: #cceeff;" class="ng-scope"><ix:nonFraction contextRef="D20191231" name="ifrs-full:ProceedsFromContributionsOfNoncontrollingInterests" unitRef="BRL" id="Tag946" decimals="-3" scale="3" format="ixt:num-dot-decimal">6,996</ix:nonFraction></td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Related parties </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 9.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:CashRepaymentsOfAdvancesAndLoansFromRelatedParties" unitRef="BRL" id="Tag1022" decimals="-3" scale="3" format="ixt:num-dot-decimal">177</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:CashRepaymentsOfAdvancesAndLoansFromRelatedParties" unitRef="BRL" id="Tag1039" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,548</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">)</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; border-bottom: 1px solid #000000; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231" name="ifrs-full:CashRepaymentsOfAdvancesAndLoansFromRelatedParties" unitRef="BRL" id="Tag964" decimals="-3" scale="3" format="ixt:num-dot-decimal">146</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 17px;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Net cash provided by (used in) in financing activities from continuing operations </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:CashFlowsFromUsedInFinancingActivitiesContinuingOperations" unitRef="BRL" id="Tag952" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">2,802,574</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:CashFlowsFromUsedInFinancingActivitiesContinuingOperations" unitRef="BRL" id="Tag6335" decimals="-3" scale="3" format="ixt:num-dot-decimal">327,351</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px; background-color: #cceeff;"><br/></td>
<td style="border-bottom: 1px solid #000000; padding: 0px; height: 10px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231" name="ifrs-full:CashFlowsFromUsedInFinancingActivitiesContinuingOperations" unitRef="BRL" id="Tag6358" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">2,680,322</ix:nonFraction></span></p>
</td>
<td style="height: 10px; vertical-align: bottom; background-color: #cceeff;" valign="bottom"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Net cash provided by (used in) in financing activities from discontinued operations </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations" unitRef="BRL" id="Tag6349" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">552,967</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations" unitRef="BRL" id="Tag983" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">919,684</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; margin-left: 0.1px; vertical-align: bottom; height: 10px;">)</td>
<td style="vertical-align: top; padding: 0px; height: 10px;"><br/></td>
<td style="border-bottom: 1px solid #000000; padding: 0px; height: 10px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231" name="ifrs-full:CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations" unitRef="BRL" id="Tag1077" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">241,907</ix:nonFraction></span></p>
</td>
<td style="height: 10px; vertical-align: bottom;" valign="bottom"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Net cash provided by (used in) in financing activities </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:CashFlowsFromUsedInFinancingActivities" unitRef="BRL" id="Tag7808" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">3,355,541</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:CashFlowsFromUsedInFinancingActivities" unitRef="BRL" id="Tag6647" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">592,333</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 18px; background-color: #cceeff;">)</td>
<td style="vertical-align: top; padding: 0px; height: 18px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; border-bottom: 2.8pt double #000000; padding: 0px; height: 18px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231" name="ifrs-full:CashFlowsFromUsedInFinancingActivities" unitRef="BRL" id="Tag894" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">2,922,229</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 18px; background-color: #cceeff;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Effect of exchange rate changes on cash and cash equivalents in foreign currency - continuing operations </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ugp:EffectOfExchangeRateChangesOnCashAndCashEquivalentsContinuingOperations" unitRef="BRL" id="Tag1074" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">4,547</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ugp:EffectOfExchangeRateChangesOnCashAndCashEquivalentsContinuingOperations" unitRef="BRL" id="Tag1014" decimals="-3" scale="3" format="ixt:num-dot-decimal">21,912</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; height: 10px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231" name="ugp:EffectOfExchangeRateChangesOnCashAndCashEquivalentsContinuingOperations" unitRef="BRL" id="Tag6351" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">21,805</ix:nonFraction></span></p>
</td>
<td style="height: 10px; vertical-align: bottom;" valign="bottom"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Effect of exchange rate changes on cash and cash equivalents in foreign currency - discontinued operations </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ugp:EffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations" unitRef="BRL" id="Tag1085" decimals="-3" scale="3" format="ixt:num-dot-decimal">56,553</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ugp:EffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations" unitRef="BRL" id="Tag6897" decimals="-3" scale="3" format="ixt:num-dot-decimal">114,822</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ugp:EffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations" unitRef="BRL" id="Tag1068" decimals="-3" scale="3" format="ixt:num-dot-decimal">30,871</ix:nonFraction></span></p>
</td>
<td style="height: 10px; background-color: #cceeff; vertical-align: bottom;" valign="bottom"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Increase (decrease) in cash and cash equivalents </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:IncreaseDecreaseInCashAndCashEquivalents" unitRef="BRL" id="Tag949" decimals="-3" scale="3" format="ixt:num-dot-decimal">6,561</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:IncreaseDecreaseInCashAndCashEquivalents" unitRef="BRL" id="Tag189" decimals="-3" scale="3" format="ixt:num-dot-decimal">546,115</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 18px;"><br/></td>
<td style="vertical-align: top; border-bottom: 2.8pt double #000000; padding: 0px; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231" name="ifrs-full:IncreaseDecreaseInCashAndCashEquivalents" unitRef="BRL" id="Tag1019" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,823,572</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 18px;">)</td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Cash and cash equivalents at the beginning of the year </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 5.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition" unitRef="BRL" id="Tag897" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,661,494</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20191231" name="ifrs-full:CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition" unitRef="BRL" id="Tag893" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,115,379</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 18px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 18px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 18px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20181231" name="ifrs-full:CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition" unitRef="BRL" id="Tag887" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,938,951</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 18px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Cash and cash equivalents at the end of the year </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 5.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition" unitRef="BRL" id="Tag1059" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,668,055</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition" unitRef="BRL" id="Tag1045" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,661,494</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20191231" name="ifrs-full:CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition" unitRef="BRL" id="Tag919" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,115,379</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Cash and cash equivalents at the end of the year - continuing operations </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ugp:CashAndCashEquivalentsContinuingOperation" unitRef="BRL" id="Tag892" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,280,074</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="I20201231" name="ugp:CashAndCashEquivalentsContinuingOperation" unitRef="BRL" id="Tag981" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20191231" name="ugp:CashAndCashEquivalentsContinuingOperation" unitRef="BRL" id="Tag6339" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Cash and cash equivalents at the end of the year - discontinued operations </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:CashAndCashEquivalentsClassifiedAsPartOfDisposalGroupHeldForSale" unitRef="BRL" id="Tag6380" decimals="-3" scale="3" format="ixt:num-dot-decimal">387,981</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="I20201231" name="ifrs-full:CashAndCashEquivalentsClassifiedAsPartOfDisposalGroupHeldForSale" unitRef="BRL" id="Tag6363" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20191231" name="ifrs-full:CashAndCashEquivalentsClassifiedAsPartOfDisposalGroupHeldForSale" unitRef="BRL" id="Tag6374" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Transactions without cash effect: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><br/></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Addition on right-of-use assets and leases payable </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 14.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ugp:AdditionOnRightToUseAssetsAndLeasesPayable" unitRef="BRL" id="Tag945" decimals="-3" scale="3" format="ixt:num-dot-decimal">227,977</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ugp:AdditionOnRightToUseAssetsAndLeasesPayable" unitRef="BRL" id="Tag999" decimals="-3" scale="3" format="ixt:num-dot-decimal">420,070</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ugp:AdditionOnRightToUseAssetsAndLeasesPayable" unitRef="BRL" id="Tag6686" decimals="-3" scale="3" format="ixt:num-dot-decimal">311,106</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Addition on contractual assets with customers &#8211; exclusive rights </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 12 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ugp:AdjustmentsForNonCashAdditionOnContractualAssetsWithCustomersExclusiveRights" unitRef="BRL" id="Tag1102" decimals="-3" scale="3" format="ixt:num-dot-decimal">269,725</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ugp:AdjustmentsForNonCashAdditionOnContractualAssetsWithCustomersExclusiveRights" unitRef="BRL" id="Tag1080" decimals="-3" scale="3" format="ixt:num-dot-decimal">193,040</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ugp:AdjustmentsForNonCashAdditionOnContractualAssetsWithCustomersExclusiveRights" unitRef="BRL" id="Tag984" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Reversion fund &#8211; private pension </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 11; 21.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ugp:AdjustmentsForNonCashReversionFundPrivatePension" unitRef="BRL" id="Tag1056" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,656</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ugp:AdjustmentsForNonCashReversionFundPrivatePension" unitRef="BRL" id="Tag920" decimals="-3" scale="3" format="ixt:num-dot-decimal">33,843</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
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<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ugp:AdjustmentsForNonCashReversionFundPrivatePension" unitRef="BRL" id="Tag658" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></span></p>
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<td style="vertical-align: top; height: 17px;"><br/></td>
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<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-size: 10pt;"> Issuance of shares related to the subscription warrants &#8211; indemnification &#8211; Extrafarma acquisition </span></p>
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<p style="margin: 0pt; text-align: center;"><span> 26.d </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ugp:IssuanceOfSharesRelatedToSubscriptionWarrantsIndemnificationForBusinessCombination" unitRef="BRL" id="Tag990" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,819</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ugp:IssuanceOfSharesRelatedToSubscriptionWarrantsIndemnificationForBusinessCombination" unitRef="BRL" id="Tag1096" decimals="-3" scale="3" format="ixt:num-dot-decimal">54,763</ix:nonFraction> </span></p>
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<td style="vertical-align: top; padding: 0px; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
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<td style="vertical-align: top; padding: 0px; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ugp:IssuanceOfSharesRelatedToSubscriptionWarrantsIndemnificationForBusinessCombination" unitRef="BRL" id="Tag914" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></span></p>
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<td style="vertical-align: top; height: 10px; background-color: #cceeff;"><br/></td>
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<p style="font-size: 9pt; line-height: 115%; margin: 2pt 0pt 0pt; text-align: justify;"><br/></p>
<p style="font-size: 9pt; line-height: 115%; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The accompanying notes are an integral part of the</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">consolidated </span><span style="font-family: 'Times New Roman';">financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';">.</span></span></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-15</span></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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</div><div id="Normadiv619" style="font-family: 'times new roman', times; font-size: 10pt;">
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; margin-top: 6pt;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" id="BNOTES_AOBAP42UDS00000000000000000000" class="customBookmark">Notes to the Consolidated Financial Statements</a><br/></div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">1. Operations</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Ultrapar </span><span style="font-family: 'Times New Roman';">Participa&#231;&#245;es</span><span style="font-family: 'Times New Roman';"> S.A. (&#8220;Ultrapar&#8221; or &#8220;Company&#8221;) is a publicly-traded company headquartered at the </span><span style="font-family: 'Times New Roman';">Brigadeiro</span><span style="font-family: 'Times New Roman';"> Luis Ant&#244;nio Avenue, 1343 in the city of S&#227;o Paulo &#8211; SP, Brazil, listed on B3 S.A. &#8211; </span><span style="font-family: 'Times New Roman';">Brasil</span><span style="font-family: 'Times New Roman';">, Bolsa, </span><span style="font-family: 'Times New Roman';">Balc&#227;o</span><span style="font-family: 'Times New Roman';"> (&#8220;B3&#8221;), in the Novo Mercado listing segment under the ticker &#8220;UGPA3&#8221; and on the New York Stock Exchange (&#8220;NYSE&#8221;) in the form of level III American Depositary Receipts (&#8220;ADRs&#8221;) under the ticker &#8220;UGP&#8221;.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The Company engages in the investment of its own capital in services, commercial, and industrial activities, through the subscription or acquisition of shares of other companies. Through its subsidiaries, it operates in the segments of liquefied petroleum gas &#8211; LPG distribution (&#8220;Ultragaz&#8221;), fuel distribution and related businesses (&#8220;</span><span style="font-family: 'Times New Roman';">Ipiranga</span><span style="font-family: 'Times New Roman';">&#8221;), storage services for liquid bulk (&#8220;</span><span style="font-family: 'Times New Roman';">Ultracargo</span><span style="font-family: 'Times New Roman';">&#8221;) and digital payments segment (&#8220;</span><span style="font-family: 'Times New Roman';">Abastece</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">a&#237;</span><span style="font-family: 'Times New Roman';">&#8221;). The information about segments </span><span style="font-family: 'Times New Roman';">are</span><span style="font-family: 'Times New Roman';"> disclosed in Note 32</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">The activities related to the production and </span><span style="font-family: 'Times New Roman';">marketing</span><span style="font-family: 'Times New Roman';"> of chemical products (&#8220;</span><span style="font-family: 'Times New Roman';">Oxiteno</span><span style="font-family: 'Times New Roman';">&#8221;) and </span><span style="font-family: 'Times New Roman';">retail distribution of pharmaceutical, hygiene, beauty, and skincare products (&#8220;</span><span style="font-family: 'Times New Roman';">Extrafarma</span><span style="font-family: 'Times New Roman';">&#8221;)</span><span style="font-family: 'Times New Roman';"> are presented as discontinued operations (see Note 3).</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">a. Clarifications on the impacts of COVID-19</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The World Health Organization (&#8220;WHO&#8221;) declared a coronavirus pandemic (COVID-19) on March 11, 2020. To contain a spread of the virus in Brazil, the Ministry of Health (&#8220;MH&#8221;) and the state and municipal governments announced several actions to reduce the agglomeration and movement of people, including the closing of commerce, </span><span style="font-family: 'Times New Roman';">parks</span><span style="font-family: 'Times New Roman';"> and common areas. In this context, the Company created a Crisis Committee to keep up with it and monitor the main risks and adopt preventive and emergency measures to reduce the pandemic effects.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Since the beginning of the coronavirus pandemic, the Company and its subsidiaries acted in numerous initiatives to ensure the safety and security of its employees and the stability and continuity of its operations and partners, the financial solidity of the Company. All the activities of the companies controlled by the Company are classified as essential in the context of the measures adopted to face the pandemic.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The Company and its subsidiaries quickly adopted the work at home (expressed by home office) for the administrative public, </span><span style="font-family: 'Times New Roman';">with</span><span style="font-family: 'Times New Roman';"> all the necessary support for the </span><span style="font-family: 'Times New Roman';">operational continuity</span><span style="font-family: 'Times New Roman';">. In addition to basic safety concerns with employees, companies implemented several initiatives aimed at welfare, such as virtual meetings, psychological </span><span style="font-family: 'Times New Roman';">support</span><span style="font-family: 'Times New Roman';"> and concern for ergonomics, following </span><span style="font-family: 'Times New Roman';">the</span><span style="font-family: 'Times New Roman';"> principle of valuing people.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The emergency measures and speed in answer to the first effects of the crisis, as well as initiatives to support the supply chain, were effective to keep the activities of the subsidiaries in operation, ensuring the delivery of essential services to the population and preserving the health </span><span style="font-family: 'Times New Roman';">and security </span><span style="font-family: 'Times New Roman';">of employees</span><span style="font-family: 'Times New Roman';"> and partners</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">R</span><span style="font-family: 'Times New Roman';">emains uncertain</span><span style="font-family: 'Times New Roman';"> to what extent the </span><span style="font-family: 'Times New Roman';">financial </span><span style="font-family: 'Times New Roman';">information, after</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">December 31, 2021, may be affected by the commercial, </span><span style="font-family: 'Times New Roman';">operational</span><span style="font-family: 'Times New Roman';"> and financial impacts of the pandemic, because it will depend on its duration and the impacts on economic activities, as well as government, business in response to the crisis. In this context, some financial risk assessments, </span><span style="font-family: 'Times New Roman';">projections</span><span style="font-family: 'Times New Roman';"> and impairment tests, in connection with the preparation of th</span><span style="font-family: 'Times New Roman';">ese</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">financial statements</span><span style="font-family: 'Times New Roman';">, may be impacted by the pandemic, and may adversely affect the financial position of the Company and its subsidiaries.</span></span></p>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<p style="margin: 10pt 0pt 0pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', 'serif'; color: #000000; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultrapar Participa&#231;&#245;es S.A. and Subsidiaries</span></p>
<p style="margin: 6pt 0pt 0pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', 'serif'; color: #000000; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Notes to the Consolidated Financial Statements </span></p>
<p style="margin: 6pt 0pt 0pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', 'serif'; color: #000000; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><i><span>(In thousands of Brazilian Reais, unless otherwise stated)</span></i></span></p>
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<p style="margin: 0px; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', 'serif'; color: #000000; text-indent: 0px;"><br/><i></i></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold; text-decoration: underline;">Operational impacts</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The implemented measures of social isolation, restrictions on the movement of people and to the operation of certain businesses due to COVID-19 pandemic affected economic activity in Brazil in the last <span style="-sec-ix-hidden:Tag8000">two</span> years, however, with the advance of vaccination the negative impacts have been reduced in the last months. No significant effects were observed on the operations of the Company and its subsidiaries in the </span><span style="font-family: 'Times New Roman';">year</span><span style="font-family: 'Times New Roman';"> of 2021.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold; text-decoration: underline;">Main risks and associated measures</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; text-decoration: underline;">Credit risk</span><span style="font-family: 'Times New Roman';"> - The actions taken by the Company and its subsidiaries </span><span style="font-family: 'Times New Roman';">throughout 2020 </span><span style="font-family: 'Times New Roman';">and 2021 softened the impacts of the pandemic on the financial condition and its customers and, consequently, mitigated its potential effects on default rates, that are at lower level than in 2020. The effects of </span><span style="font-family: 'Times New Roman';">loss allowance for expected credit losses</span><span style="font-family: 'Times New Roman';"> of </span><span style="font-family: 'Times New Roman';">year</span><span style="font-family: 'Times New Roman';"> ended December 31, </span><span style="font-family: 'Times New Roman';">202</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';"> are disclosed in Notes 6 and 33.d.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; text-decoration: underline;">Risk of realization of deferred tax assets</span><span style="font-family: 'Times New Roman';"> - the Company and its subsidiaries annually prepare technical assumption study of the constitution and realization of credits related to&#160;deferred tax assets, considering the current projections and tax planning strategies approved by the Board of Directors and did not identify the need for write-offs for the year ended on December 31, 202</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; text-decoration: underline;">Risks in financial instruments</span><span style="font-family: 'Times New Roman';"> - the increase in volatility in financial markets may impact financial results according to sensitivity analyzes presented in Note 33</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; text-decoration: underline;">Liquidity risk</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">&#8211;</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">The Company and its subsidiaries presented </span><span style="font-family: 'Times New Roman';">movements</span><span style="font-family: 'Times New Roman';"> in their net debt position consistent with the results and the seasonality of their businesses.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The management of the Company and its subsidiaries </span><span style="font-family: 'Times New Roman';">continue </span><span style="font-family: 'Times New Roman';">maintain</span><span style="font-family: 'Times New Roman';">ing</span><span style="font-family: 'Times New Roman';"> discipline in control of costs and expenses to preserve cash in all business and selectivity in the allocation of capital</span><span style="font-family: 'Times New Roman';"> without compromising sustainable business growth</span><span style="font-family: 'Times New Roman';">.&#160;&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">b. Clarifications on the cyber incident</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Company</span><span style="font-family: 'Times New Roman';">&#160;experienced&#160;</span><span style="font-family: 'Times New Roman';">on</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">January</span><span style="font-family: 'Times New Roman';"> 11, 2021 a </span><span style="font-family: 'Times New Roman';">&#160;</span><span style="font-family: 'Times New Roman';">ransomware</span><span style="font-family: 'Times New Roman';"> <span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">attack&#160;</span>in its </span><span style="font-family: 'Times New Roman';">information</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">technology</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">environment</span><span style="font-family: 'Times New Roman';">.&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">As a </span><span style="font-family: 'Times New Roman';">precautionary</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">measure</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">the</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Company</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">interrupted</span><span style="font-family: 'Times New Roman';"> its systems, </span><span style="font-family: 'Times New Roman';">affecting</span><span style="font-family: 'Times New Roman';"> for a short </span><span style="font-family: 'Times New Roman';">period</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">of</span><span style="font-family: 'Times New Roman';"> time </span><span style="font-family: 'Times New Roman';">the</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">operations</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">of</span><span style="font-family: 'Times New Roman';"> its </span><span style="font-family: 'Times New Roman';">subsidiaries</span><span style="font-family: 'Times New Roman';">. </span><span style="font-family: 'Times New Roman';">Immediately</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">all</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">security</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">control</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">measures</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">were</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">adopted</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">to</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">remedy</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">the</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">situation</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and</span><span style="font-family: 'Times New Roman';"> as </span><span style="font-family: 'Times New Roman';">of</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">January</span><span style="font-family: 'Times New Roman';"> 14, 2021 </span><span style="font-family: 'Times New Roman';">the</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">operational</span><span style="font-family: 'Times New Roman';"> systems </span><span style="font-family: 'Times New Roman';">of</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">the</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Company</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and</span><span style="font-family: 'Times New Roman';"> its </span><span style="font-family: 'Times New Roman';">subsidiaries</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">began</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">to</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">be</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">gradually</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">restored</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';">&#160;</span><span style="font-family: 'Times New Roman';">according</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">with</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">the</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">priority</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">relevance</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">of</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">each</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">affected</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">process</span><span style="font-family: 'Times New Roman';">. </span><span style="font-family: 'Times New Roman';">Since</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">January</span><span style="font-family: 'Times New Roman';"> 25, 2021</span><span style="font-family: 'Times New Roman';">&#160;</span><span style="font-family: 'Times New Roman';">all</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">the</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">critical</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">information</span><span style="font-family: 'Times New Roman';"> systems </span><span style="font-family: 'Times New Roman';">of</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">the</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Company</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and</span><span style="font-family: 'Times New Roman';"> its </span><span style="font-family: 'Times New Roman';">subsidiaries</span><span style="font-family: 'Times New Roman';"> are in full </span><span style="font-family: 'Times New Roman';">operation</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The </span><span style="font-family: 'Times New Roman';">Company</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">had</span><span style="font-family: 'Times New Roman';"> a </span><span style="font-family: 'Times New Roman';">specific</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">insurance</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">policy</span><span style="font-family: 'Times New Roman';"> for cyber </span><span style="font-family: 'Times New Roman';">incidents</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">which</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">has</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">already</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">been</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">triggered</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">being</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">the assessment of</span><span style="font-family: 'Times New Roman';">&#160;</span><span style="font-family: 'Times New Roman';">such</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">claim</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">is</span><span style="font-family: 'Times New Roman';">&#160;in progress</span><span style="font-family: 'Times New Roman';">.&#160;</span></span><span style="font-size: 11.0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;">For further information see Note 35.b.</span></span></p>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">
<p style="margin: 10pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"><b><i><span><span style="font-style: italic; font-family: 'times new roman', times; font-size: 10pt;">c. Approval of the Oxiteno S.A. share purchase and sale agreement by CADE&#160;</span></span></i></b></p>
<p style="margin: 10pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"><span><span style="font-family: 'times new roman', times; font-size: 10pt;">On August 16, 2021, the Company announced the signing of a share purchase agreement for the sale of all shares of Oxiteno S.A. &#8211; Ind&#250;stria e Com&#233;rcio (&#8220;Oxiteno S.A.&#8221;) to Indorama Ventures PLC (&#8220;Indorama&#8221;). On March 7, 2022, CADE approved the transaction without restrictions. On April 1, 2022, the transaction closed. The initial payment of &#160;US$<span><ix:nonFraction contextRef="D20210816_IndoramaVenturesPlcMember_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ugp:AmountToBePaidAtClosingDateInDisposalGroupTransaction" unitRef="USD" id="Tag5828" decimals="-6" scale="6" format="ixt:num-dot-decimal">1,150</ix:nonFraction></span><span> million (equivalent to R$ <ix:nonFraction contextRef="D20210816_IndoramaVenturesPlcMember_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ugp:AmountToBePaidAtClosingDateInDisposalGroupTransaction" unitRef="BRL" id="Tag217" decimals="-5" scale="6" format="ixt:num-dot-decimal">5,449.6</ix:nonFraction> million) <span style="font-size: 8pt;"><sup>(1)</sup></span>, adjusted by the variations in working capital and net debt position of US$&#160;<ix:nonFraction contextRef="D20210816_IndoramaVenturesPlcMember_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ugp:ChangesInWorkingCapitalAndNetDebtPositionInDisposalGroupTransaction" unitRef="USD" id="Tag70" decimals="-6" scale="6" format="ixt:num-dot-decimal">176</ix:nonFraction> million (equivalent to R$ <ix:nonFraction contextRef="D20210816_IndoramaVenturesPlcMember_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ugp:ChangesInWorkingCapitalAndNetDebtPositionInDisposalGroupTransaction" unitRef="BRL" id="Tag5219" decimals="-6" scale="6" format="ixt:num-dot-decimal">834,0</ix:nonFraction> million) <span style="font-size: 8pt;"><sup>(1)</sup></span>, resulted in the total initial payment of US$ <ix:nonFraction contextRef="D20210816_IndoramaVenturesPlcMember_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ugp:InitialPaymentMadeInDisposalGroupTransaction" unitRef="USD" id="Tag5826" decimals="-6" scale="6" format="ixt:num-dot-decimal">1,326</ix:nonFraction> (equivalent to R$ <ix:nonFraction contextRef="D20210816_IndoramaVenturesPlcMember_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ugp:InitialPaymentMadeInDisposalGroupTransaction" unitRef="BRL" id="Tag5202" decimals="-5" scale="6" format="ixt:num-dot-decimal">6,283.6</ix:nonFraction> million)<span style="font-size: 8pt;"><sup> (1)</sup></span>, which was settled on April 1, 2022. This amount is still subject to final working capital and net debt adjustments. The final payment of</span>&#160;US$<span><ix:nonFraction contextRef="D20210816_IndoramaVenturesPlcMember_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ugp:FinalPaymentToBeMadeInDisposalGroupTransaction" unitRef="USD" id="Tag5507" decimals="-6" scale="6" format="ixt:num-dot-decimal">150</ix:nonFraction></span><span> million (equivalent to R$ <ix:nonFraction contextRef="D20210816_IndoramaVenturesPlcMember_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ugp:FinalPaymentToBeMadeInDisposalGroupTransaction" unitRef="BRL" id="Tag5192" decimals="-5" scale="6" format="ixt:num-dot-decimal">710.8</ix:nonFraction> million) (1), will be settled in <ix:nonNumeric contextRef="D20210816_IndoramaVenturesPlcMember_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ugp:DescriptionOfFinalPaymentDueDate" id="Tag7833" escape="true">April 2024</ix:nonNumeric>. Oxiteno S.A.was controlled by the Company, which held a <ix:nonFraction contextRef="D20210816_IndoramaVenturesPlcMember_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ifrs-full:ProportionOfOwnershipInterestInSubsidiary" unitRef="Pure" id="Tag7835" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction>% interest in the Company.&#160;</span></span></span></p>
<p style="margin: 10pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"><span><span style="font-family: 'times new roman', times; font-size: 10pt;"><span><span style="font-size: 9pt;">(1) As of the closing date of the transaction, the amount converted into Reais using the exchange rate of US$ <span style="border-right: none; border-left: none;">1.00</span> to R$ <ix:nonFraction contextRef="I20211231_OxitenoIndustriaComercioMember_DiscontinuedOperationsMember_IndoramaVenturesPlcMember_BrazilianRealPerUSDollarMember" name="ifrs-full:ClosingForeignExchangeRate" unitRef="BRL" id="Tag7834" decimals="2" format="ixt:num-dot-decimal">4.74</ix:nonFraction>, which implies a closing value of R$ <ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember_IndoramaVenturesPlcMember" name="ugp:InitialPaymentMadeInDisposalGroupTransaction" unitRef="BRL" id="Tag6320" decimals="-5" scale="6" format="ixt:num-dot-decimal">6,283.6</ix:nonFraction> million for the initial payment.</span><br/></span></span></span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-17</span></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<p style="margin: 0cm 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', 'serif';"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</span></p>
<p style="margin: 0cm 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', 'serif'; margin-top: 6pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Notes to the Consolidated Financial Statements</span></p>
<p style="margin: 0cm 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', 'serif'; margin-top: 6pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><i><span>(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></i></span></p>
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2. Presentation </span><span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">of </span><span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">f</span><span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">inancial </span><span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">statements</span><span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"> and </span><span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">s</span><span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">ummary </span><span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">of </span><span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">s</span><span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">ignificant </span><span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">a</span><span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">ccounting </span><span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">p</span><span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">olicies</span><br/></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The consolidated </span><span style="font-family: 'Times New Roman';">financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';"> (&#8220;financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';">&#8221;)</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">were prepared</span><span style="font-family: 'Times New Roman';"> in accordance with </span><span style="font-family: 'Times New Roman';">the </span><span style="font-family: 'Times New Roman';">International </span><span style="font-family: 'Times New Roman';">Financial Reporting</span><span style="font-family: 'Times New Roman';"> Standard</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> (&#8220;I</span><span style="font-family: 'Times New Roman';">FRS</span><span style="font-family: 'Times New Roman';">&#8221;) </span><span style="font-family: 'Times New Roman';">issued by the International Accounting Standards Board (&#8220;IASB&#8221;)</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The presentation currency of the Company&#8217;s </span><span style="font-family: 'Times New Roman';">financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">is the Brazilian Real</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> which is the Company&#8217;s functional currency.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The Company and its subsidiaries applied the accounting policies described below in a consistent manner for all </span><span style="font-family: 'Times New Roman';">years</span><span style="font-family: 'Times New Roman';"> presented in these </span><span style="font-family: 'Times New Roman';">financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The Company classified the transactions related to the purchase and sale agreements of Oxiteno and </span><span style="font-family: 'Times New Roman';">Extraf</span><span style="font-family: 'Times New Roman';">arma as current assets held for sale and discontinued operations</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">T</span><span style="font-family: 'Times New Roman';">he comparative information of the income and cash flow statements for the year ended December 31, 2020</span><span style="font-family: 'Times New Roman';"> and 2019</span><span style="font-family: 'Times New Roman';"> were re-presented for the purposes of applying IFRS 5 for consistency of presentation for all years presented as shown in Note 3.c.3.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">a. Recognition of revenue</span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Revenue</span><span style="font-family: 'Times New Roman';"> of sales and services</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">rendered is measured at the value of the consideration that the Company's subsidiaries expect to be entitled to, net of sales returns, discounts</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> amortization of </span><span style="font-family: 'Times New Roman';">contractual assets with customers </span><span style="font-family: 'Times New Roman';">and other deduction</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';">, if applicable, being recognized as the entity fulfills its performance obligation and freight mode of delivery.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">At </span><span style="font-family: 'Times New Roman';">Ipiranga</span><span style="font-family: 'Times New Roman';">, the r</span><span style="font-family: 'Times New Roman';">evenue from sales of fuels and lubricants is recognized when the products are delivered to gas stations and to large consumers. </span><span style="font-family: 'Times New Roman';">At Ultragaz, r</span><span style="font-family: 'Times New Roman';">evenue from sales </span><span style="font-family: 'Times New Roman';">of LPG </span><span style="font-family: 'Times New Roman';">is recognized when the products are delivered to customers at home, to independent dealers and to industrial and commercial customers. </span><span style="font-family: 'Times New Roman';">At </span><span style="font-family: 'Times New Roman';">Extrafarma</span><span style="font-family: 'Times New Roman';">, the r</span><span style="font-family: 'Times New Roman';">evenue from sales of</span><span style="font-family: 'Times New Roman';"> pharmaceutical</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> is recognized when the products are delivered to end </span><span style="font-family: 'Times New Roman';">user </span><span style="font-family: 'Times New Roman';">customers</span><span style="font-family: 'Times New Roman';"> in own drugstores and when the</span><span style="font-family: 'Times New Roman';"> products</span><span style="font-family: 'Times New Roman';"> are delivered to independent resellers. </span><span style="font-family: 'Times New Roman';">At </span><span style="font-family: 'Times New Roman';">Oxiteno</span><span style="font-family: 'Times New Roman';">, the r</span><span style="font-family: 'Times New Roman';">evenue </span><span style="font-family: 'Times New Roman';">from sales </span><span style="font-family: 'Times New Roman';">of chemical products is recognized when the products are delivered to </span><span style="font-family: 'Times New Roman';">industrial</span><span style="font-family: 'Times New Roman';"> customers. </span><span style="font-family: 'Times New Roman';">At </span><span style="font-family: 'Times New Roman';">Ultracargo</span><span style="font-family: 'Times New Roman';">, t</span><span style="font-family: 'Times New Roman';">he revenue provided </span><span style="font-family: 'Times New Roman';">from </span><span style="font-family: 'Times New Roman';">storage services is recognized </span><span style="font-family: 'Times New Roman';">as </span><span style="font-family: 'Times New Roman';">services</span><span style="font-family: 'Times New Roman';"> are performed</span><span style="font-family: 'Times New Roman';">. At </span><span style="font-family: 'Times New Roman';">Abastece</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">a&#237;</span><span style="font-family: 'Times New Roman';">, the revenue provided from storage services of digital payments is recognized as services are performed. The </span><span style="font-family: 'Times New Roman';">breakdown</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> of revenue</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> from</span><span style="font-family: 'Times New Roman';"> sales and services</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">are</span><span style="font-family: 'Times New Roman';"> shown in N</span><span style="font-family: 'Times New Roman';">ote</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">32</span><span style="font-family: 'Times New Roman';">.</span></span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Amortization of contract</span><span style="font-family: 'Times New Roman';">ual</span><span style="font-family: 'Times New Roman';"> assets</span><span style="font-family: 'Times New Roman';"> with customers</span><span style="font-family: 'Times New Roman';"> for the exclusive rights in </span><span style="font-family: 'Times New Roman';">Ipiranga</span><span style="font-family: 'Times New Roman';">&#8217;</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">reseller service stations </span><span style="font-family: 'Times New Roman';">and the bonus</span><span style="font-family: 'Times New Roman';">es paid in performance obligation sales</span><span style="font-family: 'Times New Roman';"> are recognized </span><span style="font-family: 'Times New Roman';">in the income statement </span><span style="font-family: 'Times New Roman';">as a </span><span style="font-family: 'Times New Roman';">d</span><span style="font-family: 'Times New Roman';">eduction of the revenue </span><span style="font-family: 'Times New Roman';">from sale </span><span style="font-family: 'Times New Roman';">a</span><span style="font-family: 'Times New Roman';">ccord</span><span style="font-family: 'Times New Roman';">ing to </span><span style="font-family: 'Times New Roman';">the conditions established per terms of underlying&#160;</span><span style="font-family: 'Times New Roman';">agreements</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">(see Notes 2.f and </span><span style="font-family: 'Times New Roman';">12</span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';">.</span></span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The am/pm franchising upfront fee is recognized in profit or loss as the entity fulfills each performance obligation throughout the term of the agreements with the franchisees. For more information, see Note </span><span style="font-family: 'Times New Roman';">2</span><span style="font-family: 'Times New Roman';">4</span><span style="font-family: 'Times New Roman';">.a.</span></span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Deferred revenue from loyalty program is recognized in the income statement when the points are redeemed, on which occasion the costs incurred are also recognized in profit or loss. Deferred revenue of unredeemed points is also recognized in profit or loss when points expire. For more information, see Note </span><span style="font-family: 'Times New Roman';">2</span><span style="font-family: 'Times New Roman';">4</span><span style="font-family: 'Times New Roman';">.b.</span></span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Costs of products </span><span style="font-family: 'Times New Roman';">sold</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and services provided include goods (mainly fuels</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">lubricants</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> LPG</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> and pharmaceutical</span><span style="font-family: 'Times New Roman';"> products</span><span style="font-family: 'Times New Roman';">), raw materials (chemicals and petrochemicals) and production, distribution, storage</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> and </span><span style="font-family: 'Times New Roman';">fulfillment</span><span style="font-family: 'Times New Roman';"> costs.</span></span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Exchange variations and the results of derivative financ</span><span style="font-family: 'Times New Roman';">e</span><span style="font-family: 'Times New Roman';"> instruments are presented </span><span style="font-family: 'Times New Roman';">net </span><span style="font-family: 'Times New Roman';">in the statement of </span><span style="font-family: 'Times New Roman';">profit and loss</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">on</span><span style="font-family: 'Times New Roman';"> financ</span><span style="font-family: 'Times New Roman';">e</span><span style="font-family: 'Times New Roman';"> expenses.</span></span></p>
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<p style="margin: 0cm 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', 'serif'; margin-top: 6pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</span></p>
<p style="margin: 6pt 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', 'serif';"><span style="font-family: 'times new roman', times; font-size: 10pt;">Notes to the Consolidated Financial Statements</span></p>
<p style="margin: 6pt 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><i><span>(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></i></span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">b. Cash and </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">c</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ash </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">e</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">quivalents</span></span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Include</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> cash, banks deposits</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> and short-term</span><span style="font-family: 'Times New Roman';"> up to 90 days of maturity from acquisition date</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> highly</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">liquid investments that are readily convertible into a known amount of cash and are subject to an insignificant risk of change in value. </span><span style="font-family: 'Times New Roman';">F</span><span style="font-family: 'Times New Roman';">or </span><span style="font-family: 'Times New Roman';">more</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">information</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">on cash and cash equivalents</span><span style="font-family: 'Times New Roman';">, see Note </span><span style="font-family: 'Times New Roman';">5</span><span style="font-family: 'Times New Roman';">.a</span><span style="font-family: 'Times New Roman';">.</span></span></p>
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<p style="margin: 0cm 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', 'serif';"><br/></p>
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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">c. Financial assets</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">&#160;</span></span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">T</span><span style="font-family: 'Times New Roman';">he Company and its subsidiaries</span><span style="font-family: 'Times New Roman';"> evaluated the classification and measurement of financial assets</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">based on its business</span><span style="font-family: 'Times New Roman';"> model</span><span style="font-family: 'Times New Roman';"> of financial assets</span><span style="font-family: 'Times New Roman';"> as follows:</span></span></p>
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<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Amortized cost: financial assets held </span><span style="font-family: 'Times New Roman';">in order to</span><span style="font-family: 'Times New Roman';"> collect</span><span style="font-family: 'Times New Roman';"> contractual </span><span style="font-family: 'Times New Roman';">cash </span><span style="font-family: 'Times New Roman';">flows, </span><span style="font-family: 'Times New Roman';">solely</span><span style="font-family: 'Times New Roman';"> principal and interest. The interest earned and the foreign currency exchange variation are recognized in profit or loss and balances are stated at acquisition cost plus the interest earned, using the effective interest rate method.</span></span></li>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Measured at fair value through other comprehensive income: financial assets that are acquired or originated for the purpose of </span><span style="font-family: 'Times New Roman';">collecting</span><span style="font-family: 'Times New Roman';"> contractual cash flows or </span><span style="font-family: 'Times New Roman';">selling financial assets</span><span style="font-family: 'Times New Roman';">. The balances are stated at fair value, and the interest earned</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> and the foreign currency exchange variation are recognized in profit or loss. Differences between fair value and </span><span style="font-family: 'Times New Roman';">initial </span><span style="font-family: 'Times New Roman';">amount</span><span style="font-family: 'Times New Roman';"> of financial investments</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">plus the interest earned are recognized</span><span style="font-family: 'Times New Roman';"> in equity</span><span style="font-family: 'Times New Roman';"> in other comprehensive income in the &#8220;Other reserves&#8221;. Accumulated gains and losses recognized in equity are reclassified to profit or loss at the time of their settlement. Substantially the financial investments in Bank Certificates</span><span style="font-family: 'Times New Roman';"> of Deposit</span><span style="font-family: 'Times New Roman';"> (</span><span style="font-family: 'Times New Roman';">&#8220;</span><span style="font-family: 'Times New Roman';">CDB</span><span style="font-family: 'Times New Roman';">&#8221;</span><span style="font-family: 'Times New Roman';">) and repurchase agreements are classified as measured at fair value through other comprehensive income.</span></span></li>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Measured at fair value through profit or loss: financial assets </span><span style="font-family: 'Times New Roman';">that were </span><span style="font-family: 'Times New Roman';">not classified as amortized cost or measured at fair value through other comprehensive income. </span><span style="font-family: 'Times New Roman';">The b</span><span style="font-family: 'Times New Roman';">alances are stated at fair value and both </span><span style="font-family: 'Times New Roman';">the interest</span><span style="font-family: 'Times New Roman';"> earned and </span><span style="font-family: 'Times New Roman';">the </span><span style="font-family: 'Times New Roman';">exchange variations and changes in fair value are r</span><span style="font-family: 'Times New Roman';">ecognized</span><span style="font-family: 'Times New Roman';"> in the income statement. Investment funds and derivative</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> are classified as measured at fair value through profit or loss.</span></span></li>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The Company and its subsidiaries use financial instruments for hedging purposes, applying the concepts described below:</span></p>
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<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Hedge accounting &#8211; fair value hedge: financial instruments used to hedge exposure to changes in the fair value of an item, attributable to a particular risk, which can affect the entity&#8217;s </span><span style="font-family: 'Times New Roman';">statements of </span><span style="font-family: 'Times New Roman';">profit or loss. In the initial designation of the fair value hedge, the relationship between the hedging instrument and the hedged item is documented, including the objectives of risk management, the strategy in conducting the transaction, and the methods to be used to evaluate its effectiveness. Once the fair value hedge has been qualified as effective, the hedge item is also measured at fair value. Gains and losses from hedge instruments and hedge items are recognized </span><span style="font-family: 'Times New Roman';">the statements of </span><span style="font-family: 'Times New Roman';">profit or loss. The hedge accounting must be discontinued when the hedge becomes ineffective.</span></span></li>
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<td class="pgno" style="padding: 0px; text-align: center; height: 17px;"><span style="font-size: 10pt;" class="pageno">F-19</span></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<p style="margin: 6pt 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</span></p>
<p style="margin: 6pt 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Notes to the Consolidated Financial Statements</span></p>
<p style="margin: 6pt 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><i><span>(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></i></span></p>
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<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Hedge accounting &#8211; cash flow hedge: financial instruments used to hedge the exposure to variability in cash flows that is attributable to a risk associated with an asset or liability or highly probable transaction </span><span style="font-family: 'Times New Roman';">or firm commitment </span><span style="font-family: 'Times New Roman';">that may affect the </span><span style="font-family: 'Times New Roman';">statements of profit or loss</span><span style="font-family: 'Times New Roman';">. The portion of the gain or loss on the hedging instrument that is determined to be effective relating to the effects of exchange rate effect, is recognized directly in equity in accumulated other comprehensive income as &#8220;Other reserves&#8221; while the ineffective portion is recognized in </span><span style="font-family: 'Times New Roman';">the statements of </span><span style="font-family: 'Times New Roman';">profit or loss. Gains or losses on the hedging instrument relating to the effective portion of this hedge that had been recognized directly in accumulated other comprehensive income shall be recognized in </span><span style="font-family: 'Times New Roman';">the statements of </span><span style="font-family: 'Times New Roman';">profit or loss in the period in which the hedged item is recognized in profit or loss or as initial cost of non-financial assets, in the same line of the statement that the hedged item is recognized. The hedge accounting shall be discontinued when (</span><span style="font-family: 'Times New Roman';">i</span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">the hedging relationship</span><span style="font-family: 'Times New Roman';"> is canceled</span><span style="font-family: 'Times New Roman';">; (ii) the hedging instrument expires</span><span style="font-family: 'Times New Roman';"> or</span><span style="font-family: 'Times New Roman';"> (iii) the hedging instrument no longer qualifies for hedge accounting. When hedge accounting is discontinued, gains and losses recognized </span><span style="font-family: 'Times New Roman';">in equity</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">in other comprehensive income are reclassified to </span><span style="font-family: 'Times New Roman';">the statements of </span><span style="font-family: 'Times New Roman';">profit or loss in the period which the hedged item is recognized in profit or loss. If the transaction hedged is canceled or is not expected to occur, the cumulative gains and losses </span><span style="font-family: 'Times New Roman';">in equity</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">in other comprehensive income shall be recognized immediately in profit or loss.</span></span></li>
</ul>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Hedge accounting &#8211; hedge of net investments in foreign operation: financial instruments used to hedge exposure on net investments in foreign subsidiaries </span><span style="font-family: 'Times New Roman';">due to the fact that</span><span style="font-family: 'Times New Roman';"> the local functional currency is different from the functional currency of the Company. The portion of the gain or loss on the hedging instrument that is determined to be effective, referring to the exchange rate effect, is recognized directly in equity in accumulated other comprehensive income as cumulative translation adjustments, while the ineffective portion and the operating costs are recognized </span><span style="font-family: 'Times New Roman';">the statements of </span><span style="font-family: 'Times New Roman';">profit or loss. The gain or loss on the hedging instrument that has been recognized directly in accumulated other comprehensive income shall be recognized in </span><span style="font-family: 'Times New Roman';">the statements of profit or loss</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">when the</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">disposal of the foreign </span><span style="font-family: 'Times New Roman';">subsidiary occur</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';">.</span></span></li>
</ul>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">For </span><span style="font-family: 'Times New Roman';">more</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">information on </span><span style="font-family: 'Times New Roman';">financial instruments, see Note 33</span><span style="font-family: 'Times New Roman';">.</span></span></p>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 6pt 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</span></p>
<p style="margin: 6pt 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Notes to the Consolidated Financial Statements</span></p>
<p style="margin: 6pt 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><i><span>(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></i></span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory" id="Tag759" escape="true">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">d. Trade receivables and reseller financing</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Trade receivables are recognized at the amount invoiced</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">to</span><span style="font-family: 'Times New Roman';"> the counterparty that the Company and subsidiaries are entitled</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">(see Notes </span><span style="font-family: 'Times New Roman';">6</span><span style="font-family: 'Times New Roman';">.a</span><span style="font-family: 'Times New Roman';"> and 33</span><span style="font-family: 'Times New Roman';">.d.3)</span><span style="font-family: 'Times New Roman';">. </span><span style="font-family: 'Times New Roman';">The </span><span style="font-family: 'Times New Roman';">loss allowance for expected credit losses</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">consider</span><span style="font-family: 'Times New Roman';"> the expect</span><span style="font-family: 'Times New Roman';">ed</span><span style="font-family: 'Times New Roman';"> losses for the next 12 months </span><span style="font-family: 'Times New Roman';">take into account</span><span style="font-family: 'Times New Roman';"> the deterioration or improvement of the </span><span style="font-family: 'Times New Roman';">customers&#8217; </span><span style="font-family: 'Times New Roman';">credit quality</span><span style="font-family: 'Times New Roman';">, considering the customers&#8217; </span><span style="font-family: 'Times New Roman';">characteristics in each business segment</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';"> The amount</span><span style="font-family: 'Times New Roman';"> of the </span><span style="font-family: 'Times New Roman';">expected</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">credit losses</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">is deemed by management to be sufficient to cover any loss on realization of trade receivables.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Reseller financing is provided at subsidized rate for renovation and upgrading of service stations, purchase of products and development of the automotive fuels and lubricants distribution market (see Notes </span><span style="font-family: 'Times New Roman';">6</span><span style="font-family: 'Times New Roman';">.b and 33</span><span style="font-family: 'Times New Roman';">.d.3). The terms of reseller financing range between <ix:nonNumeric contextRef="D20211231_BottomOfRangeMember" name="ugp:TermsOfResellerFinancing" id="Tag790" format="ixt-sec:durmonth">12</ix:nonNumeric> and <ix:nonNumeric contextRef="D20211231_TopOfRangeMember" name="ugp:TermsOfResellerFinancing" id="Tag6205" format="ixt-sec:durmonth">60</ix:nonNumeric> months, with an average term of <ix:nonNumeric contextRef="D20211231_WeightedAverageMember" name="ugp:TermsOfResellerFinancing" id="Tag788" format="ixt-sec:durmonth">40</ix:nonNumeric> months. The minimum and maximum subsidized interest rates are <ix:nonFraction contextRef="D20211231_BottomOfRangeMember" name="ugp:ResellerFinancingRatePerMonth" unitRef="Pure" id="Tag787" decimals="2" scale="-2" format="ixt:num-dot-decimal">0</ix:nonFraction>% per month and <ix:nonFraction contextRef="D20211231_TopOfRangeMember" name="ugp:ResellerFinancingRatePerMonth" unitRef="Pure" id="Tag180" decimals="2" scale="-2" format="ixt:num-dot-decimal">1</ix:nonFraction>% per month respectively. These financing are remeasured at a market rate for working capital loans and the remeasurement adjustment between the market rate and the rate subsidized is recognized as a reduction to the reseller&#8217;s revenue at the beginning of the contract. Throughout the contract, the interest appropriated by the market rate is recognized to the financial result.</span></span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">e. Inventories</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Inventories are stated at the lower of acquisition cost or net realizable value</span><span style="font-family: 'Times New Roman';"> (see Note </span><span style="font-family: 'Times New Roman';">7</span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';">. The cost value of inventory is measured using the weighted average cost and includes the costs of acquisition and processing directly </span><span style="font-family: 'Times New Roman';">and indirectly </span><span style="font-family: 'Times New Roman';">related to the units produced based on the normal capacity of production. Estimates of net realizable value are based on the average selling prices at the end of the reporting period, net of applicable direct selling expenses. Subsequent events related to the fluctuation of prices and costs are also considered, if relevant. If net realizable values are below inventory costs, a provision corresponding to this difference is recognized. Provisions are also made for obsolescence of products, materials</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> or supplies that (</span><span style="font-family: 'Times New Roman';">i</span><span style="font-family: 'Times New Roman';">) do not meet its subsidiaries&#8217; specifications, (ii) have exceeded their expiration date</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> or (iii) are considered slow-moving inventory. This classification is made by management with the support of its industrial </span><span style="font-family: 'Times New Roman';">and operation</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">team</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';">.</span></span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">f. Contractual assets with customers &#8211; exclusive rights</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Exclusive rights disbursements as provided in </span><span style="font-family: 'Times New Roman';">Ipiranga&#8217;s</span><span style="font-family: 'Times New Roman';"> agreements with reseller service stations and major consumers are recognized as </span><span style="font-family: 'Times New Roman';">contractual assets</span><span style="font-family: 'Times New Roman';"> when paid and amortized according to the conditions established in the agreements (see Note </span><span style="font-family: 'Times New Roman';">2.a and </span><span style="font-family: 'Times New Roman';">12</span><span style="font-family: 'Times New Roman';">).</span></span></p>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 6pt 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</span></p>
<p style="margin: 6pt 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Notes to the Consolidated Financial Statements</span></p>
<p style="margin: 6pt 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><i><span>(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></i></span></p>
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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">g. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"> </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">A</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ssets</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"> and liabilities</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"> held for sale and discontinued operations</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Non-current assets and related liabilities are classified as held for sale if it is highly probable that their book value will be recovered, primarily</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> through a sale transaction rather than continued use. The classification criteria are met only when the sale is highly probable, the asset or group of assets is held for immediate sale in its current condition and the sale is expected to occur within 12 months after classification as held for sale.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">A line of business or subsidiary is classified a discontinued operation when the sale occurs of a component of the company that represents an important separate line of business or when the operation meets the criteria to be classified as held for sale. Reclassification occurred in 2021, and once classified as discontinued operations the results and cash flows are presented separately based on the classification of the respective assets and liabilities held for sale.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Assets and liabilities held for sale and discontinued operations are measured at the lower of the</span><span style="font-family: 'Times New Roman';"> book value</span><span style="font-family: 'Times New Roman';"> and fair value, net of selling expenses, and presented separately in the </span><span style="font-family: 'Times New Roman';">statements of financial position</span><span style="font-family: 'Times New Roman';">.</span></span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:DescriptionOfAccountingPolicyForInvestmentInAssociatesAndJointVenturesExplanatory" id="Tag755" escape="true">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">h</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. Investments</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Investments in associates and joint ventures are accounted for under the equity method of accounting in the </span><span style="font-family: 'Times New Roman';">financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';"> (see Note </span><span style="font-family: 'Times New Roman';">13</span><span style="font-family: 'Times New Roman';"> items </span><span style="font-family: 'Times New Roman';">a</span><span style="font-family: 'Times New Roman';"> and </span><span style="font-family: 'Times New Roman';">b</span><span style="font-family: 'Times New Roman';">). An associate is an investment, in which an investor has significant influence, that is, has the power to participate in the financial and operating decisions of the investee but does not exercise control. A joint venture is an investment in which the shareholders have the right to net assets on behalf of a joint control. Joint control is the agreement, which establish that decisions about the relevant activities of the investee require the consent from the parties that share control.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Other investments are stated at acquisition cost less provision for </span><span style="font-family: 'Times New Roman';">losses, unless</span><span style="font-family: 'Times New Roman';"> the loss is considered temporary.</span></span></p>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 6pt 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</span></p>
<p style="margin: 6pt 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Notes to the Consolidated Financial Statements</span></p>
<p style="margin: 6pt 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><i><span>(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></i></span></p>
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<p style="margin: 0cm 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', 'serif';"><br/></p>
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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">i</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. Right</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">-of-</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">use assets and lease</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">s</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"> payable</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The </span><span style="font-family: 'Times New Roman';">Company and its </span><span style="font-family: 'Times New Roman';">subsidiaries recognized in the financial position, right</span><span style="font-family: 'Times New Roman';">-of-</span><span style="font-family: 'Times New Roman';">use assets and the </span><span style="font-family: 'Times New Roman';">respective lease</span><span style="font-family: 'Times New Roman';"> liabilities</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">initially measured at the present value of future lease payments, considering the related contract costs (see Note </span><span style="font-family: 'Times New Roman';">14</span><span style="font-family: 'Times New Roman';">). </span><span style="font-family: 'Times New Roman';">The amortization expenses of right</span><span style="font-family: 'Times New Roman';">-of-</span><span style="font-family: 'Times New Roman';">use assets is recognized in statement of profit or loss </span><span style="font-family: 'Times New Roman';">over the lease contract term</span><span style="font-family: 'Times New Roman';">. When the right-of-use asset is used</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">in</span><span style="font-family: 'Times New Roman';"> the</span><span style="font-family: 'Times New Roman';"> construction of the </span><span style="font-family: 'Times New Roman';">property, plant, and equipment</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">(&#8220;PP&amp;E&#8221;)</span><span style="font-family: 'Times New Roman';">, its amortization is capitalized until</span><span style="font-family: 'Times New Roman';"> the asset under construction </span><span style="font-family: 'Times New Roman';">is</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">completed</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">The liability is increased for interest and </span><span style="font-family: 'Times New Roman';">decreased by lease</span><span style="font-family: 'Times New Roman';"> payments</span><span style="font-family: 'Times New Roman';"> made</span><span style="font-family: 'Times New Roman';">. The </span><span style="font-family: 'Times New Roman';">interests</span><span style="font-family: 'Times New Roman';"> are recognized in the statement of profit or loss using the effective interest rate method.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">The remeasurement of assets and liabilities based on the contractual index is recognized in the financial position, not having an effect in the result. In case of cancellation of the contract, the assets and respective liabilities are written off to the result</span><span style="font-family: 'Times New Roman';">, considering, if it is the case, any penalties provided in contractual clauses. </span><span style="font-family: 'Times New Roman';">The Company and its subsidiaries have no intention in purchasing the underlying asset. </span><span style="font-family: 'Times New Roman';">The Company and its subsidiaries </span><span style="font-family: 'Times New Roman';">periodically </span><span style="font-family: 'Times New Roman';">review the existence of an indication that the righ</span><span style="font-family: 'Times New Roman';">t</span><span style="font-family: 'Times New Roman';">-of-</span><span style="font-family: 'Times New Roman';">use assets may </span><span style="font-family: 'Times New Roman';">be impaired</span><span style="font-family: 'Times New Roman';"> (see </span><span style="font-family: 'Times New Roman';">N</span><span style="font-family: 'Times New Roman';">ote 2.</span><span style="font-family: 'Times New Roman';">v</span><span style="font-family: 'Times New Roman';">).</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Right</span><span style="font-family: 'Times New Roman';">-of-</span><span style="font-family: 'Times New Roman';">use assets include amo</span><span style="font-family: 'Times New Roman';">u</span><span style="font-family: 'Times New Roman';">nts related to </span><span style="font-family: 'Times New Roman';">area port leases</span><span style="font-family: 'Times New Roman';"> grants (see Note 34</span><span style="font-family: 'Times New Roman';">.c)</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The </span><span style="font-family: 'Times New Roman';">Company and its </span><span style="font-family: 'Times New Roman';">subsidiaries </span><span style="font-family: 'Times New Roman';">apply </span><span style="font-family: 'Times New Roman';">the </span><span style="font-family: 'Times New Roman';">recognition </span><span style="font-family: 'Times New Roman';">exemptions </span><span style="font-family: 'Times New Roman';">to </span><span style="font-family: 'Times New Roman';">short-term leases of 12 months or less and lease </span><span style="font-family: 'Times New Roman';">contracts </span><span style="font-family: 'Times New Roman';">of low amount assets. In these cases, the recognition of the lease expense in the statements of profit or loss is on a straight-line basis.</span></span><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';"><br/></span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';"><br/></span></span></p>
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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">j</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Property, plant, and equipment</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">PP&amp;E </span><span style="font-family: 'Times New Roman';">is recognized at acquisition or construction cost, including </span><span style="font-family: 'Times New Roman';">capitalization of right-of-use assets and </span><span style="font-family: 'Times New Roman';">financial charges incurred on </span><span style="font-family: 'Times New Roman';">PP&amp;E</span><span style="font-family: 'Times New Roman';"> under construction, as well as </span><span style="font-family: 'Times New Roman';">qualifying</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">maintenance costs resulting from scheduled plant outages and estimated costs to remove, to decommission</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> or to restore assets (see Note</span><span style="font-family: 'Times New Roman';">s 2.</span><span style="font-family: 'Times New Roman';">o</span><span style="font-family: 'Times New Roman';"> and</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">22</span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">less </span><span style="font-family: 'Times New Roman';">accumulated depreciation and, when applicable, </span><span style="font-family: 'Times New Roman';">less</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">provision for </span><span style="font-family: 'Times New Roman';">losses</span><span style="font-family: 'Times New Roman';"> (see Note </span><span style="font-family: 'Times New Roman';">15</span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Depreciation is calculated using the straight-line method, </span><span style="font-family: 'Times New Roman';">over </span><span style="font-family: 'Times New Roman';">the periods mentioned in Note </span><span style="font-family: 'Times New Roman';">15</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">taking into account</span><span style="font-family: 'Times New Roman';"> the </span><span style="font-family: 'Times New Roman';">estimated </span><span style="font-family: 'Times New Roman';">useful li</span><span style="font-family: 'Times New Roman';">ves</span><span style="font-family: 'Times New Roman';"> of the assets, which are reviewed annually.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Lease</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">hold improvements are depreciated over the shorter of the lease contract term and useful life of the property.</span></span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-23</span></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 6pt 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</span></p>
<p style="margin: 6pt 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Notes to the Consolidated Financial Statements</span></p>
<p style="margin: 6pt 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><i><span>(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></i></span></p>
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<p style="margin: 0cm 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', 'serif';"><br/></p>
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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">k</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Intangible </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">a</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ssets</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Intangible assets include assets acquired by the Company and its subsidiaries from third parties,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and </span><span style="font-family: 'Times New Roman';">are recognized</span><span style="font-family: 'Times New Roman';"> according to the criteria below:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Goodwill is shown as intangible assets corresponding to the positive difference between the amount paid or payable to the seller and the fair value of the </span><span style="font-family: 'Times New Roman';">identifiable</span><span style="font-family: 'Times New Roman';"> assets and liabilities assumed of the acquired entity. Goodwill is tested annually for impairment. Goodwill is allocated to the business segments, which represent the lowest level that goodwill is monitored for impairment testing purposes (see Note </span><span style="font-family: 'Times New Roman';">16</span><span style="font-family: 'Times New Roman';">.a).</span></span></li>
</ul>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Other intangible assets acquired from third parties, such as </span><span style="font-family: 'Times New Roman';">software</span><span style="font-family: 'Times New Roman';">, technology, and commercial property rights, are measured at the total acquisition cost and amortized using straight-line method, over the periods mentioned in Note </span><span style="font-family: 'Times New Roman';">16</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">taking into account</span><span style="font-family: 'Times New Roman';"> their useful lives, which are reviewed annually.</span></span></li>
</ul>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The </span><span style="font-family: 'Times New Roman';">d</span><span style="font-family: 'Times New Roman';">ecarbonization </span><span style="font-family: 'Times New Roman';">c</span><span style="font-family: 'Times New Roman';">redits (</span><span style="font-family: 'Times New Roman';">&#8220;</span><span style="font-family: 'Times New Roman';">CBIOS</span><span style="font-family: 'Times New Roman';">&#8221;</span><span style="font-family: 'Times New Roman';">) acquired are recorded at historical cost in intangible assets</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">retired in the year to </span><span style="font-family: 'Times New Roman';">fulfillment</span><span style="font-family: 'Times New Roman';"> the individual target set by the National Agency </span><span style="font-family: 'Times New Roman';">of</span><span style="font-family: 'Times New Roman';"> Petroleum, Natural Gas and Biofuels (&#8220;ANP&#8221;)</span><span style="font-family: 'Times New Roman';"> and are not amortized. These assets are used to settle</span><span style="font-family: 'Times New Roman';"> of</span><span style="font-family: 'Times New Roman';"> the </span><span style="font-family: 'Times New Roman';">annual deca</span><span style="font-family: 'Times New Roman';">r</span><span style="font-family: 'Times New Roman';">bonization obligation adopted by Brazilian National Biofuels Policy </span><span style="font-family: 'Times New Roman';">(&#8220;</span><span style="font-family: 'Times New Roman';">RenovaBio</span><span style="font-family: 'Times New Roman';">&#8221;), </span><span style="font-family: 'Times New Roman';">implemented by Law No. </span><span style="font-family: 'Times New Roman';">13,576/2017, with additional regulations established by Decree No. 9,888/2019 and Ordinance No. 419 of November 20, </span><span style="font-family: 'Times New Roman';">2019</span><span style="font-family: 'Times New Roman';"> issued by the Brazilian Ministry of Mines and Energy</span><span style="font-family: 'Times New Roman';">.</span></span></li>
</ul>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The Company and its subsidiaries have not recognized intangible assets that were </span><span style="font-family: 'Times New Roman';">generated</span><span style="font-family: 'Times New Roman';"> internally. </span><span style="font-family: 'Times New Roman';">The Company and its subsidiaries have goodwill and brands acquired in business combination</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';">, which are evaluated as intangible assets with indefinite useful life (see Note </span><span style="font-family: 'Times New Roman';">16</span><span style="font-family: 'Times New Roman';"> items </span><span style="font-family: 'Times New Roman';">a</span><span style="font-family: 'Times New Roman';"> and </span><span style="font-family: 'Times New Roman';">e</span><span style="font-family: 'Times New Roman';">).</span></span></p>
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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">l</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Other assets</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Other assets are stated at the lower of cost and realizable value, including, if applicable, interest earned, monetary changes and changes in exchange rates incurred, less the provisions for losses and, if applicable, adjusted to present value.</span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">m</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Financial </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">l</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">iabilities</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The financial liabilities include trade payables, other payables, financing, loans, debentures</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">leases</span><span style="font-family: 'Times New Roman';"> payable</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and </span><span style="font-family: 'Times New Roman';">derivative financial </span><span style="font-family: 'Times New Roman';">instruments. Financial liabilities are classified as &#8220;financial liabilities at fair value through profit or loss&#8221; or &#8220;financial liabilities at amorti</span><span style="font-family: 'Times New Roman';">z</span><span style="font-family: 'Times New Roman';">ed cost&#8221;. The financial liabilities at fair value through profit or loss refer to derivative financial instruments</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">subscription warrants</span><span style="font-family: 'Times New Roman';"> - indemnification</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">and financial liabilities designated as hedged items in a fair value hedge relationship upon initial recognition (see Note 2.c &#8211; </span><span style="font-family: 'Times New Roman';">F</span><span style="font-family: 'Times New Roman';">air </span><span style="font-family: 'Times New Roman';">V</span><span style="font-family: 'Times New Roman';">alue </span><span style="font-family: 'Times New Roman';">H</span><span style="font-family: 'Times New Roman';">edge). The financial liabilities at amorti</span><span style="font-family: 'Times New Roman';">z</span><span style="font-family: 'Times New Roman';">ed cost are stated at the initial transaction amount plus related charges and </span><span style="font-family: 'Times New Roman';">net of amortization and </span><span style="font-family: 'Times New Roman';">transaction costs. The charges are recognized in </span><span style="font-family: 'Times New Roman';">the statement of </span><span style="font-family: 'Times New Roman';">profit or loss using the effective interest rate method.</span></span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Transaction costs incurred and directly attributable to the activities necessary for contracting loans or for issuing bonds, as well as premiums and discounts upon issuance of debentures and other debt, are allocated to the instrument and amortized </span><span style="font-family: 'Times New Roman';">in the statement of</span><span style="font-family: 'Times New Roman';"> profit or loss </span><span style="font-family: 'Times New Roman';">taking into</span><span style="font-family: 'Times New Roman';"> its term,</span><span style="font-family: 'Times New Roman';">&#160;</span><span style="font-family: 'Times New Roman';">using the effective interest rate method</span><span style="font-family: 'Times New Roman';"> (see Note </span><span style="font-family: 'Times New Roman';">17</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';">h</span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';">.</span></span></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-24</span></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<p style="margin: 6pt 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</span></p>
<p style="margin: 6pt 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Notes to the Consolidated Financial Statements</span></p>
<p style="margin: 6pt 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><i><span>(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></i></span></p>
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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">n</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Income and </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">s</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ocial </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">c</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ontribution </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">t</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">axes on </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">i</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ncome</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Current and deferred income tax (&#8220;IRPJ&#8221;) and social contribution on net income tax (&#8220;CSLL&#8221;) are calculated based on their current rates</span><span style="font-family: 'Times New Roman';">. For the calculation of current IRPJ</span><span style="font-family: 'Times New Roman';">, the value of tax incentives</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">is</span><span style="font-family: 'Times New Roman';"> also considered</span><span style="font-family: 'Times New Roman';">. At the end of the fiscal year the portion of the profit corresponding to these investment grants is allocated to the constitution of a tax incentive reserve in subsidiaries shareholders' equity and is excluded from the dividend calculation base and subsequently capitalized. Taxes are recognized based on the rates of IRPJ and CSLL provided for by the laws enacted on the last day of the </span><span style="font-family: 'Times New Roman';">financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';">. </span><span style="font-family: 'Times New Roman';">The current rates in Brazil are <ix:nonFraction contextRef="D20211231_IRPJMember" name="ifrs-full:ApplicableTaxRate" unitRef="Pure" id="Tag185" decimals="2" scale="-2" format="ixt:num-dot-decimal">25</ix:nonFraction>% for </span><span style="font-family: 'Times New Roman';">IRPJ</span><span style="font-family: 'Times New Roman';"> and <ix:nonFraction contextRef="D20211231_CSLLMember" name="ifrs-full:ApplicableTaxRate" unitRef="Pure" id="Tag183" decimals="2" scale="-2" format="ixt:num-dot-decimal">9</ix:nonFraction>% for </span><span style="font-family: 'Times New Roman';">CSLL</span><span style="font-family: 'Times New Roman';">. </span><span style="font-family: 'Times New Roman';">For </span><span style="font-family: 'Times New Roman';">more</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">information</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">about recognition and realization of IRPJ and CSLL see Note </span><span style="font-family: 'Times New Roman';">10</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">For purposes of disclosure deferred tax assets were offset against the deferred tax liability </span><span style="font-family: 'Times New Roman';">IRPJ</span><span style="font-family: 'Times New Roman';"> and </span><span style="font-family: 'Times New Roman';">CSLL</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">in</span><span style="font-family: 'Times New Roman';"> the same taxable entity and the same tax authority.</span></span></p>
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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">o</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Provision for </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">a</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">sset </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">r</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">et</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">i</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">rement </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">o</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">bligation &#8211; fuel tanks</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The subsidiar</span><span style="font-family: 'Times New Roman';">y </span><span style="font-family: 'Times New Roman';">Ipiranga</span><span style="font-family: 'Times New Roman';"> ha</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> the legal obligation to remove </span><span style="font-family: 'Times New Roman';">the</span><span style="font-family: 'Times New Roman';"> underground fuel tanks located at </span><span style="font-family: 'Times New Roman';">Ipiranga</span><span style="font-family: 'Times New Roman';">-branded service stations after a certain period. The estimated cost of the obligation to remove these fuel tanks is recognized as a liability when </span><span style="font-family: 'Times New Roman';">the </span><span style="font-family: 'Times New Roman';">tanks are installed. The estimated cost is recognized in </span><span style="font-family: 'Times New Roman';">PP&amp;E</span><span style="font-family: 'Times New Roman';"> and depreciated over the respective useful li</span><span style="font-family: 'Times New Roman';">ves</span><span style="font-family: 'Times New Roman';"> of the asset. The amounts recognized as a liability </span><span style="font-family: 'Times New Roman';">accrue </span><span style="font-family: 'Times New Roman';">inflation effect</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">using the</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Amplified</span><span style="font-family: 'Times New Roman';"> Consumer Price Index </span><span style="font-family: 'Times New Roman';">(&#8220;</span><span style="font-family: 'Times New Roman';">IPCA</span><span style="font-family: 'Times New Roman';">&#8221;)</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">until the tank is removed (see Note</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">22</span><span style="font-family: 'Times New Roman';">). The estimated removal cost is reviewed and updated annually or when there is significant change in its amount</span><span style="font-family: 'Times New Roman';"> and change in the estimated cost</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> are recognized in </span><span style="font-family: 'Times New Roman';">statements of profit or loss</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">when they become known</span><span style="font-family: 'Times New Roman';">.</span></span></p>
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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">p</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Provisions for tax, civil, and labor risks</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">A provision for tax, civil and labor risks is recognized for quantifiable risks, when the chance of loss is more-likely-than-not in the opinion of management and internal and external legal counsel, and the amounts are recognized based on </span><span style="font-family: 'Times New Roman';">the </span><span style="font-family: 'Times New Roman';">evaluation of the outcomes of the legal proceedings (see Note </span><span style="font-family: 'Times New Roman';">23</span><span style="font-family: 'Times New Roman';">).</span></span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">q</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Post-employment benefits</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Post-employment benefits granted and to be granted to employees, retirees, and pensioners are based on an actuarial calculation prepared by an independent actuary</span><span style="font-family: 'Times New Roman';"> and reviewed by management</span><span style="font-family: 'Times New Roman';">, using the projected unit credit method (see Note </span><span style="font-family: 'Times New Roman';">21</span><span style="font-family: 'Times New Roman';">.b). The actuarial gains and losses are recognized in </span><span style="font-family: 'Times New Roman';">equity in </span><span style="font-family: 'Times New Roman';">cumulative </span><span style="font-family: 'Times New Roman';">other comprehensive income</span><span style="font-family: 'Times New Roman';"> in the &#8220;Other reserves&#8221;</span><span style="font-family: 'Times New Roman';">.</span></span></p>
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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">r</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Other </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">l</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">iabilities</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Other liabilities are stated at known or measurable amounts and changes in exchange rates incurred. When applicable, other liabilities are recognized at present value</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> based on interest rates that reflect the term, currency</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> and risk of each transaction.</span></span></p>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<p style="margin: 6pt 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</span></p>
<p style="margin: 6pt 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Notes to the Consolidated Financial Statements</span></p>
<p style="margin: 6pt 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><i><span>(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></i></span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">s</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Foreign currency transactions</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Foreign currency transactions carried out by the </span><span style="font-family: 'Times New Roman';">Company</span><span style="font-family: 'Times New Roman';"> or its subsidiaries are remeasured into their functional currency at the exchange rate prevailing at the date of each transaction. Outstanding monetary assets and liabilities of the Company and its subsidiaries are translated using the exchange rate at the </span><span style="font-family: 'Times New Roman';">date</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">of the</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';">. The effect of the difference between those exchange rates is recognized in </span><span style="font-family: 'Times New Roman';">financial results</span><span style="font-family: 'Times New Roman';"> until the conclusion of each transaction.</span></span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">t</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Basis for </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">t</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ranslation of </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">f</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">inancial </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">statements</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"> of </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">f</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">oreign </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">s</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ubsidiaries</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">t</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">.1 Subsidiaries with administrative </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">autonomy</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Assets and liabilities of the foreign subsidiaries denominated in currencies other than Brazilian Real which have administrative </span><span style="font-family: 'Times New Roman';">autonomy</span><span style="font-family: 'Times New Roman';">&#160;are translated using the exchange rate at the </span><span style="font-family: 'Times New Roman';">date of the </span><span style="font-family: 'Times New Roman';">financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';">. Revenues and expenses are translated using the average exchange rate of each </span><span style="font-family: 'Times New Roman';">year</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and equity </span><span style="font-family: 'Times New Roman';">is</span><span style="font-family: 'Times New Roman';"> translated at the historic</span><span style="font-family: 'Times New Roman';">al</span><span style="font-family: 'Times New Roman';"> exchange rate of each transaction affecting equity. Gains and losses resulting from changes in these foreign investments are directly recognized in equity </span><span style="font-family: 'Times New Roman';">in the &#8220;</span><span style="font-family: 'Times New Roman';">cumulative translation adjustments</span><span style="font-family: 'Times New Roman';">&#8221;</span><span style="font-family: 'Times New Roman';"> and will be recognized in profit or loss </span><span style="font-family: 'Times New Roman';">if and when</span><span style="font-family: 'Times New Roman';"> these investments are disposed of. The balance in </span><span style="font-family: 'Times New Roman';">cumulative </span><span style="font-family: 'Times New Roman';">translation adjustments</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">on </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">3</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">20</span><span style="font-family: 'Times New Roman';">2</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">was </span><span style="font-family: 'Times New Roman';">a </span><span style="font-family: 'Times New Roman';">gain</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">of R$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="I20211231" name="ifrs-full:ReserveOfExchangeDifferencesOnTranslation" unitRef="BRL" id="Tag789" decimals="-3" scale="3" format="ixt:num-dot-decimal">304,645</ix:nonFraction></span><span style="font-family: 'Times New Roman';">&#160;</span><span style="font-family: 'Times New Roman';">(gain of R$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="I20201231" name="ifrs-full:ReserveOfExchangeDifferencesOnTranslation" unitRef="BRL" id="Tag182" decimals="-3" scale="3" format="ixt:num-dot-decimal">231,596</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">on December 31, 20</span><span style="font-family: 'Times New Roman';">20</span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and is related to the subsidiaries </span><span style="font-family: 'Times New Roman';">Oxiteno</span><span style="font-family: 'Times New Roman';"> which on December 31, 2021 were classified as assets and liabilities held for sale. </span><span style="font-family: 'Times New Roman';">S</span><span style="font-family: 'Times New Roman';">ee Note</span><span style="font-family: 'Times New Roman';">s 3 and</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">26</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';">g</span><span style="font-family: 'Times New Roman';">.2</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The foreign subsidiaries with functional currency different from the Company and which have administrative </span><span style="font-family: 'Times New Roman';">autonomy</span><span style="font-family: 'Times New Roman';">&#160;are listed below:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold; text-decoration: underline;"> Subsidiary </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Functiona</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">l</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> currency </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Location </span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"> Oxiteno M&#233;xico S.A. de C.V. </span></p>
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<td style="vertical-align: bottom; text-align: center; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_OxitenoMexicoMember" name="ifrs-full:DescriptionOfFunctionalCurrency" id="Tag778" escape="true">Mexican Peso</ix:nonNumeric> </span></p>
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<td style="vertical-align: bottom; text-align: center; height: 17px;"><br/></td>
<td style="vertical-align: bottom; text-align: center; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_OxitenoMexicoMember" name="ugp:GeographicalAreas" id="Tag766" escape="true">Mexico</ix:nonNumeric> </span></p>
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<td style="vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"> &#160;&#160;&#160;Oxiteno Servicios Corporativos S.A. de C.V. </span></p>
</td>
<td style="vertical-align: bottom; background-color: #ffffff; text-align: center; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_OxitenoServiciosCorporativosMember" name="ifrs-full:DescriptionOfFunctionalCurrency" id="Tag791" escape="true">Mexican Peso</ix:nonNumeric> </span></p>
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<td style="vertical-align: bottom; background-color: #ffffff; text-align: center; height: 17px;"><br/></td>
<td style="vertical-align: bottom; background-color: #ffffff; text-align: center; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_OxitenoServiciosCorporativosMember" name="ugp:GeographicalAreas" id="Tag807" escape="true">Mexico</ix:nonNumeric> </span></p>
</td>
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<td style="vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"> &#160;&#160;&#160;Oxiteno Servicios Industriales S.A. de C.V. </span></p>
</td>
<td style="vertical-align: bottom; text-align: center; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_OxitenoServiciosIndustrialesMember" name="ifrs-full:DescriptionOfFunctionalCurrency" id="Tag806" escape="true">Mexican Peso</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; text-align: center; height: 17px;"><br/></td>
<td style="vertical-align: bottom; text-align: center; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_OxitenoServiciosIndustrialesMember" name="ugp:GeographicalAreas" id="Tag804" escape="true">Mexico</ix:nonNumeric> </span></p>
</td>
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<tr style="height: 5.45pt; background-color: #ffffff;">
<td style="vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"> &#160;&#160;&#160;Oxiteno USA LLC </span></p>
</td>
<td style="vertical-align: bottom; background-color: #ffffff; text-align: center; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_OxitenoUSAMember" name="ifrs-full:DescriptionOfFunctionalCurrency" id="Tag5829" escape="true">U.S. Dollar</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #ffffff; text-align: center; height: 17px;"><br/></td>
<td style="vertical-align: bottom; background-color: #ffffff; text-align: center; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_OxitenoUSAMember" name="ugp:GeographicalAreas" id="Tag238" escape="true">United States</ix:nonNumeric> </span></p>
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<td style="vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"> Oxiteno Uruguay S.A. (i) </span></p>
</td>
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<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_OxitenoUruguayMember" name="ifrs-full:DescriptionOfFunctionalCurrency" id="Tag7327" escape="true">U.S. Dollar</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; text-align: center; height: 17px;"><br/></td>
<td style="vertical-align: bottom; text-align: center; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_OxitenoUruguayMember" name="ugp:GeographicalAreas" id="Tag803" escape="true">Uruguay</ix:nonNumeric> </span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt 14.2pt; text-align: justify; text-indent: -14.2pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">(i) </span><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote92"><span style="font-family: 'Times New Roman';">The subsidiary Oxiteno Uruguay S.A. (&#8220;Oxiteno Uruguay&#8221;) determined its functional currency as the U.S. dollar</span><span style="font-family: 'Times New Roman';"> (&#8220;US$&#8221;)</span><span style="font-family: 'Times New Roman';">, as its </span><span style="font-family: 'Times New Roman';">inventory </span><span style="font-family: 'Times New Roman';">sales, purchases of </span><span style="font-family: 'Times New Roman';">raw material inputs</span><span style="font-family: 'Times New Roman';">, and financing activities are performed substantially in this currency.</span></ix:footnote></span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">t</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">.2 </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Subsidiaries without administrative </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">autonomy</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Assets and liabilities of the other foreign subsidiaries, which do not have administrative </span><span style="font-family: 'Times New Roman';">autonomy</span><span style="font-family: 'Times New Roman';">, are considered an </span><span style="font-family: 'Times New Roman';">extension</span><span style="font-family: 'Times New Roman';"> of the activities of their parent </span><span style="font-family: 'Times New Roman';">company</span><span style="font-family: 'Times New Roman';"> and are translated using the exchange rate at the </span><span style="font-family: 'Times New Roman';">date of the </span><span style="font-family: 'Times New Roman';">financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';">. Gains and losses resulting from changes in these foreign investments are directly recognized as financial </span><span style="font-family: 'Times New Roman';">result</span><span style="font-family: 'Times New Roman';">. </span><span style="font-family: 'Times New Roman';">T</span><span style="font-family: 'Times New Roman';">he </span><span style="font-family: 'Times New Roman';">gain</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">recognized in </span><span style="font-family: 'Times New Roman';">income </span><span style="font-family: 'Times New Roman';">for the </span><span style="font-family: 'Times New Roman';">year</span><span style="font-family: 'Times New Roman';"> ended </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">3</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';">, 2021</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">amounted to R$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="D20211231_3" name="ifrs-full:GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsBeforeTax" unitRef="BRL" id="Tag656" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,309</ix:nonFraction></span><span style="font-family: 'Times New Roman';">&#160;(gain of R$ <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsBeforeTax" unitRef="BRL" id="Tag808" decimals="-3" scale="3" format="ixt:num-dot-decimal">15,126</ix:nonFraction> for the year ended December 31, 2020&#160; and gain of R$ <ix:nonFraction contextRef="D20191231" name="ifrs-full:GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsBeforeTax" unitRef="BRL" id="Tag779" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,017</ix:nonFraction> for the year ended December 31, 2019).</span></span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-26</span></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 6pt 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</span></p>
<p style="margin: 6pt 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Notes to the Consolidated Financial Statements</span></p>
<p style="margin: 6pt 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><i><span>(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></i></span></p>
</ix:exclude>
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</div>
<p style="margin: 0cm 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', 'serif';"><br/></p>
<ix:nonNumeric contextRef="D20211231_3" name="ugp:DescriptionOfAccountingPolicyForUseOfEstimatesAssumptionsAndJudgmentsExplanatory" id="Tag728" escape="true">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">u</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Use of estimates, assumptions and judgments</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The preparation of the </span><span style="font-family: 'Times New Roman';">financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">requires the use of estimates, assumptions</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> and judgments for the accounting and disclosure of certain assets, liabilities</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> and </span><span style="font-family: 'Times New Roman';">profit or loss</span><span style="font-family: 'Times New Roman';">. Therefore, </span><span style="font-family: 'Times New Roman';">the </span><span style="font-family: 'Times New Roman';">Company and subsidiaries&#8217; management use the best information available at the </span><span style="font-family: 'Times New Roman';">date</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">of preparation of the </span><span style="font-family: 'Times New Roman';">financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';">, as well as the experience of past and current events, also considering assumptions regarding future events. The estimates and assumptions are reviewed periodically</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">u</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">.1 Judgments</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Information on the judgments is included: in </span><span style="font-family: 'Times New Roman';">the </span><span style="font-family: 'Times New Roman';">determin</span><span style="font-family: 'Times New Roman';">ation of</span><span style="font-family: 'Times New Roman';"> control </span><span style="font-family: 'Times New Roman';">in</span><span style="font-family: 'Times New Roman';"> subsidiaries (Notes 2.</span><span style="font-family: 'Times New Roman';">h</span><span style="font-family: 'Times New Roman';">, 2.</span><span style="font-family: 'Times New Roman';">t</span><span style="font-family: 'Times New Roman';">.1 </span><span style="font-family: 'Times New Roman';">and </span><span style="font-family: 'Times New Roman';">4</span><span style="font-family: 'Times New Roman';">), </span><span style="font-family: 'Times New Roman';">the determination of </span><span style="font-family: 'Times New Roman';">joint control </span><span style="font-family: 'Times New Roman';">in</span><span style="font-family: 'Times New Roman';"> joint venture (Notes 2.</span><span style="font-family: 'Times New Roman';">h</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and </span><span style="font-family: 'Times New Roman';">13</span><span style="font-family: 'Times New Roman';">.a)</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">the </span><span style="font-family: 'Times New Roman';">determin</span><span style="font-family: 'Times New Roman';">ation</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">of </span><span style="font-family: 'Times New Roman';">significant influence </span><span style="font-family: 'Times New Roman';">in associates </span><span style="font-family: 'Times New Roman';">(Notes 2.</span><span style="font-family: 'Times New Roman';">h</span><span style="font-family: 'Times New Roman';"> and </span><span style="font-family: 'Times New Roman';">13</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';">b</span><span style="font-family: 'Times New Roman';">).</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">u</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">.2 Uncertainties </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">related to the</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"> assumptions and estimates</span></span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The information regarding uncertainties related to the assumptions and estimates are included: in </span><span style="font-family: 'Times New Roman';">determining the fair value of financial instruments (Notes </span><span style="font-family: 'Times New Roman';">2.c, 2.</span><span style="font-family: 'Times New Roman';">m</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">5</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">17</span><span style="font-family: 'Times New Roman';"> and </span><span style="font-family: 'Times New Roman';">34</span><span style="font-family: 'Times New Roman';">), the determination of the </span><span style="font-family: 'Times New Roman';">loss allowance for expected credit losses</span><span style="font-family: 'Times New Roman';"> (Note</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">2.d, </span><span style="font-family: 'Times New Roman';">6</span><span style="font-family: 'Times New Roman';"> and </span><span style="font-family: 'Times New Roman';">34</span><span style="font-family: 'Times New Roman';">.d.3</span><span style="font-family: 'Times New Roman';">), </span><span style="font-family: 'Times New Roman';">the determination of provisions for losses of inventories (Note</span><span style="font-family: 'Times New Roman';">s 2.e</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and </span><span style="font-family: 'Times New Roman';">7</span><span style="font-family: 'Times New Roman';">), </span><span style="font-family: 'Times New Roman';">the estima</span><span style="font-family: 'Times New Roman';">tes</span><span style="font-family: 'Times New Roman';"> of </span><span style="font-family: 'Times New Roman';">realization of deferred </span><span style="font-family: 'Times New Roman';">IRPJ and CSLL</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">amounts </span><span style="font-family: 'Times New Roman';">(Note</span><span style="font-family: 'Times New Roman';">s 2.</span><span style="font-family: 'Times New Roman';">n</span><span style="font-family: 'Times New Roman';"> and</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">10</span><span style="font-family: 'Times New Roman';">.a</span><span style="font-family: 'Times New Roman';">), </span><span style="font-family: 'Times New Roman';">the useful lives and discount rate of right</span><span style="font-family: 'Times New Roman';">-of-</span><span style="font-family: 'Times New Roman';">use assets (Notes 2.</span><span style="font-family: 'Times New Roman';">i</span><span style="font-family: 'Times New Roman';"> and </span><span style="font-family: 'Times New Roman';">14</span><span style="font-family: 'Times New Roman';">),</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">the useful li</span><span style="font-family: 'Times New Roman';">ves </span><span style="font-family: 'Times New Roman';">of </span><span style="font-family: 'Times New Roman';">PP&amp;E</span><span style="font-family: 'Times New Roman';"> (Note</span><span style="font-family: 'Times New Roman';">s 2.</span><span style="font-family: 'Times New Roman';">j</span><span style="font-family: 'Times New Roman';"> and</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">15</span><span style="font-family: 'Times New Roman';">), the useful li</span><span style="font-family: 'Times New Roman';">ves</span><span style="font-family: 'Times New Roman';"> of intangible assets</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> and the determination of the recoverable amount of goodwill (Note</span><span style="font-family: 'Times New Roman';">s 2.</span><span style="font-family: 'Times New Roman';">k</span><span style="font-family: 'Times New Roman';"> and</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">16</span><span style="font-family: 'Times New Roman';">.a</span><span style="font-family: 'Times New Roman';">), provisions for assets retirement obligations (Note</span><span style="font-family: 'Times New Roman';">s 2.</span><span style="font-family: 'Times New Roman';">o</span><span style="font-family: 'Times New Roman';"> and</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">22</span><span style="font-family: 'Times New Roman';">), </span><span style="font-family: 'Times New Roman';">provisions for </span><span style="font-family: 'Times New Roman';">tax, civil</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> and labor</span><span style="font-family: 'Times New Roman';"> risks</span><span style="font-family: 'Times New Roman';"> (Note</span><span style="font-family: 'Times New Roman';">s 2.</span><span style="font-family: 'Times New Roman';">p</span><span style="font-family: 'Times New Roman';"> and</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">23</span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> estimates for the preparation of actuarial reports (Note</span><span style="font-family: 'Times New Roman';">s 2.</span><span style="font-family: 'Times New Roman';">q</span><span style="font-family: 'Times New Roman';"> and</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">21</span><span style="font-family: 'Times New Roman';">.b)</span><span style="font-family: 'Times New Roman';"> and the determination of fair value of subscription warrants &#8211; indemnification</span><span style="font-family: 'Times New Roman';"> (Notes </span><span style="font-family: 'Times New Roman';">25</span><span style="font-family: 'Times New Roman';"> and </span><span style="font-family: 'Times New Roman';">34</span><span style="font-family: 'Times New Roman';">.j</span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';">. The actual result of the transactions and information may differ from their estimates.</span></span></p>
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<p style="margin: 6pt 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</span></p>
<p style="margin: 6pt 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Notes to the Consolidated Financial Statements</span></p>
<p style="margin: 6pt 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><i><span>(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></i></span></p>
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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">v</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Impairment of assets</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The Company and its subsidiaries review </span><span style="font-family: 'Times New Roman';">in </span><span style="font-family: 'Times New Roman';">every report</span><span style="font-family: 'Times New Roman';">ing</span><span style="font-family: 'Times New Roman';"> period</span><span style="font-family: 'Times New Roman';"> the existence of </span><span style="font-family: 'Times New Roman';">any </span><span style="font-family: 'Times New Roman';">indication that an asset may be impaired.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">To </span><span style="font-family: 'Times New Roman';">intangible assets with </span><span style="font-family: 'Times New Roman';">indefinite</span><span style="font-family: 'Times New Roman';"> useful life</span><span style="font-family: 'Times New Roman';"> the review is done annually. If there is an indication</span><span style="font-family: 'Times New Roman';"> of </span><span style="font-family: 'Times New Roman';">devaluation</span><span style="font-family: 'Times New Roman';"> the Company and its subsidiaries estimate the recoverable amount of the asset. Assets that cannot be evaluated individually are grouped in the smallest group of assets that generate cash </span><span style="font-family: 'Times New Roman';">inflow</span><span style="font-family: 'Times New Roman';"> from continuous use and that are largely independent of cash flows of other assets (</span><span style="font-family: 'Times New Roman';">cash generating units</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> &#8220;</span><span style="font-family: 'Times New Roman';">CGU</span><span style="font-family: 'Times New Roman';">&#8221;</span><span style="font-family: 'Times New Roman';">). The recoverable amount of assets or CGUs corresponds to the greater of their fair value net of applicable direct selling costs and their value in use.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The fair value </span><span style="font-family: 'Times New Roman';">less</span><span style="font-family: 'Times New Roman';"> costs </span><span style="font-family: 'Times New Roman';">to sell</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">is determined by the price that would be received to sell an asset in an orderly transaction between market participants at the measurement date, net of costs of removing the asset, and direct incremental costs to bring an asset into condition for its sale, legal costs</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> and taxes.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">To assess the value in use, the projections of future cash flows, trends</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> and outlooks, as well as the effects of obsolescence, demand, competition</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> and other economic factors</span><span style="font-family: 'Times New Roman';"> were considered</span><span style="font-family: 'Times New Roman';">. Such cash flows are discounted to their present values &#8203;&#8203;using the discount rate before tax that reflects market conditions for the period of impairment testing and the specific risks of the asset or CGU being evaluated. In cases where the expected discounted future cash flows are less than their carrying amount, </span><span style="font-family: 'Times New Roman';">an </span><span style="font-family: 'Times New Roman';">impairment loss is recognized for the amount by which the carrying value exceeds the fair value of these assets. Losses for impairment of assets are recognized in profit or loss. In case goodwill has been allocated to a CGU, the recognized losses are first allocated to reduce the corresponding goodwill. If the goodwill is not enough to absorb such losses, the surplus is allocated to the assets on a pro-rata basis. An impairment of goodwill cannot be reversed. For other assets, impairment losses may be reversed only to the extent that the asset's carrying amount does not exceed the carrying amount that would have been determined, net of depreciation or amortization, if the impairment had not been recognized.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">On </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';">, 2021, the Company </span><span style="font-family: 'Times New Roman';">updated the calculation of the </span><span style="font-family: 'Times New Roman';">impairment of assets carried out on June 30, 2021</span><span style="font-family: 'Times New Roman';">&#160;</span><span style="font-family: 'Times New Roman';">for the subsidiary </span><span style="font-family: 'Times New Roman';">Imifarma</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Produtos</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Farmac&#234;uticos</span><span style="font-family: 'Times New Roman';"> e </span><span style="font-family: 'Times New Roman';">Cosm&#233;ticos</span><span style="font-family: 'Times New Roman';"> S.A. (&#8220;</span><span style="font-family: 'Times New Roman';">Extrafarma</span><span style="font-family: 'Times New Roman';">&#8221;) for the amount of R$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="D20211231_ExtrafarmaMember_3" name="ifrs-full:ImpairmentLossRecognisedInProfitOrLoss" unitRef="BRL" id="Tag764" decimals="-3" scale="3" format="ixt:num-dot-decimal">427,529</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> and deferred income and social contribution taxes effects of R$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="D20211231_ExtrafarmaMember_3" name="ugp:DeferredIncomeAndSocialContributionTaxExpenseBenefitOnImpairmentLoss" unitRef="BRL" id="Tag134" decimals="-3" scale="3" format="ixt:num-dot-decimal">145,360</ix:nonFraction></span><span style="font-family: 'Times New Roman';">, resulting in a net loss of R$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="D20211231_ExtrafarmaMember_3" name="ifrs-full:ImpairmentLoss" unitRef="BRL" id="Tag786" decimals="-3" scale="3" format="ixt:num-dot-decimal">282,169</ix:nonFraction></span><span style="font-family: 'Times New Roman';">. S</span><span style="font-family: 'Times New Roman';">ee Note 3.</span><span style="font-family: 'Times New Roman';">a</span><span style="font-family: 'Times New Roman';">.</span></span></p>
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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">w</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Business </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">c</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ombination</span></span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">A business combination is accounted by&#160;</span><span style="font-family: 'Times New Roman';">applying</span><span style="font-family: 'Times New Roman';"> the acquisition method. The cost of </span><span style="font-family: 'Times New Roman';">the </span><span style="font-family: 'Times New Roman';">acquisition is measured </span><span style="font-family: 'Times New Roman';">based on </span><span style="font-family: 'Times New Roman';">the consideration transferred and to be transferred, measured at fair value at the acquisition date. </span><span style="font-family: 'Times New Roman';">The non-controlling interest in the acquired company</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">is measured based on its interest in net assets identified in the acquired company. Goodwill is measured as the excess of the </span><span style="font-family: 'Times New Roman';">consideration transferred and to be transferred</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">over the fair value of net assets acquired (identifiable assets and liabilities assumed, net). After </span><span style="font-family: 'Times New Roman';">the </span><span style="font-family: 'Times New Roman';">initial recognition, goodwill is measured at cost less any accumulated impairment losses. For impairment testing purposes, goodwill is allocated to the Company&#8217;s </span><span style="font-family: 'Times New Roman';">operating </span><span style="font-family: 'Times New Roman';">segment</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';">. When the </span><span style="font-family: 'Times New Roman';">c</span><span style="font-family: 'Times New Roman';">ost of the acquisition</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">is </span><span style="font-family: 'Times New Roman';">lower</span><span style="font-family: 'Times New Roman';"> than the fair value of net assets acquired, </span><span style="font-family: 'Times New Roman';">a</span><span style="font-family: 'Times New Roman';"> gain is recognized directly in the statement</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">of profit or loss</span><span style="font-family: 'Times New Roman';">. Costs related to the acquisitions are recorded in the statement </span><span style="font-family: 'Times New Roman';">of profit or loss </span><span style="font-family: 'Times New Roman';">when incurred. For the </span><span style="font-family: 'Times New Roman';">year</span><span style="font-family: 'Times New Roman';"> ended on </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">20</span><span style="font-family: 'Times New Roman';">21</span><span style="font-family: 'Times New Roman';"> and 2020</span><span style="font-family: 'Times New Roman';"> there </span><span style="font-family: 'Times New Roman';">was</span><span style="font-family: 'Times New Roman';"> not business combination.</span></span></p>
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<p style="margin: 6pt 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</span></p>
<p style="margin: 6pt 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Notes to the Consolidated Financial Statements</span></p>
<p style="margin: 6pt 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><i><span>(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></i></span></p>
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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">x</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Statements of cash flows indirect method</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The Company and its subsidiaries present the interest paid on loans</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">financing, </span><span style="font-family: 'Times New Roman';">debentures</span><span style="font-family: 'Times New Roman';">, and leases payable</span><span style="font-family: 'Times New Roman';"> in financing activities</span><span style="font-family: 'Times New Roman';"> and present </span><span style="font-family: 'Times New Roman';">financial investments</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> net of </span><span style="font-family: 'Times New Roman';">redemptions</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">in </span><span style="font-family: 'Times New Roman';">the </span><span style="font-family: 'Times New Roman';">invest</span><span style="font-family: 'Times New Roman';">ing </span><span style="font-family: 'Times New Roman';">activities</span><span style="font-family: 'Times New Roman';">.</span></span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">y</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Adoption of the pronouncements issued by IASB</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">There are no standards, amendments and interpretations to IFRS issued by the IASB which are effective and could have a material impact in </span><span style="font-family: 'Times New Roman';">th</span><span style="font-family: 'Times New Roman';">ese</span><span style="font-family: 'Times New Roman';"> financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';"> to </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">2021</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and 2020 </span><span style="font-family: 'Times New Roman';">that have not been adopted by the Company.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">In order to</span><span style="font-family: 'Times New Roman';"> be prepared for the transition of the IBORs</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> the Company is monitoring the pronouncements of the authorities, as well as the measures that have been adopted, aiming at the adaptation of the financial instruments to the new benchmarks. </span><span style="font-family: 'Times New Roman';">On</span><span style="font-family: 'Times New Roman';"> June 2017, the Company, through the subsidiary Ipiranga Produtos de Petr&#243;leo S.A. (&#8220;IPP&#8221;), contracted a </span><span style="font-family: 'Times New Roman';">financing</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">with maturity date</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">on</span><span style="font-family: 'Times New Roman';"> <ix:nonNumeric contextRef="D20211231_ForeignLoansMember_LIBORMember_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:BorrowingsMaturity" id="Tag765" escape="true">June 2022</ix:nonNumeric>, with the current notional amount of USD <ix:nonFraction contextRef="I20211231_ForeignLoansMember_LIBORMember_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:NotionalAmount" unitRef="USD" id="Tag181" decimals="-6" scale="6" format="ixt:num-dot-decimal">50</ix:nonFraction> million (equivalent to R$ <ix:nonFraction contextRef="I20211231_ForeignLoansMember_LIBORMember_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:NotionalAmount" unitRef="BRL" id="Tag805" decimals="-3" scale="3" format="ixt:num-dot-decimal">279</ix:nonFraction> million as of December 31, 2021) linked to <ix:nonNumeric contextRef="D20211231_ForeignLoansMember_LIBORMember_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:BorrowingsInterestRateBasis" id="Tag777" escape="true">LIBOR</ix:nonNumeric>, with quarterly interest flows and principal amortization at maturity</span><span style="font-family: 'Times New Roman';">. At the time of the&#160;</span><span style="font-family: 'Times New Roman';">debt raising</span><span style="font-family: 'Times New Roman';">, a swap transaction with a notional value and cash flow identical to the debt</span><span style="font-family: 'Times New Roman';">&#160;was transacted with the same financial institution, through which the IPP became active in LIBOR, at an interest rate equivalent to the debt </span><span style="font-family: 'Times New Roman';">and liabilit</span><span style="font-family: 'Times New Roman';">y</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">rate in floating rate </span><span style="font-family: 'Times New Roman';">R</span><span style="font-family: 'Times New Roman';">eais (see </span><span style="font-family: 'Times New Roman';">N</span><span style="font-family: 'Times New Roman';">otes 17 c.1, 17.d</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and</span><span style="font-family: 'Times New Roman';">&#160;33</span><span style="font-family: 'Times New Roman';">.g), these being the only operations </span><span style="font-family: 'Times New Roman';">linked</span><span style="font-family: 'Times New Roman';"> to LIBOR. In view of the short-term maturity </span><span style="font-family: 'Times New Roman';">as well as</span><span style="font-family: 'Times New Roman';"> the debt</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> the </span><span style="font-family: 'Times New Roman';">swap</span><span style="font-family: 'Times New Roman';"> and the fact that both have the same cash flow and financial institution, the Company has evaluated that there are</span><span style="font-family: 'Times New Roman';"> not</span><span style="font-family: 'Times New Roman';"> currently significant impacts from the LIBOR change on its operations.&#160;</span></span></p>
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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">z</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Authorization for issuance of the financial </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">statements</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">These financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">w</span><span style="font-family: 'Times New Roman';">ere</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">authorized for and</span><span style="font-family: 'Times New Roman';">&#160;by the </span><span style="font-family: 'Times New Roman';">Management</span><span style="font-family: 'Times New Roman';"> on</span><span style="font-family: 'Times New Roman';">&#160;May, 10</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">202</span><span style="font-family: 'Times New Roman';">2</span><span style="font-family: 'Times New Roman';">.</span></span></p>
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<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements<br/></div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
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<h1 style="margin: 12pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><span style="border-left: none; border-right: none;">3</span>. Assets and liabilities from subsidiaries held for sale and discontinued operations</span></h1>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The divestments of Oxiteno and Extrafarma are aligned with Ultrapar&#8217;s portfolio review. With a more complementary and synergistic businesses, Ultrapar concludes the rationalization phase of its portfolio and will now concentrate on developing investment opportunities in the verticals of energy and infrastructure, with increasing focus on energy transition, leveraged by its portfolio and expertise. In the context, the Company announced the contracts signings described below and, as of December 31, 2021, classified these transactions as assets and liabilities held for sale and discontinued operations. The Company recognizes deferred taxes for the difference between the carrying amount of the net assets of a subsidiary that is classified as discontinued operation and the tax base of the investment. The related deferred tax expense or benefit is allocated to discontinued operations.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">a. Extrafarma share sale and purchase agreement and other agreements</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">On May 18, 2021 the Company announced the signing of a share purchase agreement for the sale of all shares of Extrafarma held by subsidiary IPP to Empreendimentos Pague Menos S.A. (&#8220;Pague Menos&#8221;). The total sale price is R$ <ix:nonFraction contextRef="D20210518_DiscontinuedOperationsMember_ExtrafarmaMember_EmpreendimentosPagueMenosSAMember" name="ugp:AggregateSalePriceOfSubsidiary" unitRef="BRL" id="Tag7629" decimals="-3" scale="3" format="ixt:num-dot-decimal">700</ix:nonFraction> million, subject to adjustments due mainly to changes in working capital and Extrafarma's net debt position on the closing date of the transaction.</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The transaction will be settled in <ix:nonFraction contextRef="D20210518_DiscontinuedOperationsMember_ExtrafarmaMember_EmpreendimentosPagueMenosSAMember" name="ugp:NumberOfInstallmentsInDisposalGroupTransaction" unitRef="Pure" id="Tag7386" decimals="0" format="ixt-sec:numwordsen">three</ix:nonFraction> installments as follows: <ix:nonFraction contextRef="D20210518_DiscontinuedOperationsMember_ExtrafarmaMember_EmpreendimentosPagueMenosSAMember" name="ugp:PercentageOfSalePriceSettlementAsOfClosingDate" unitRef="Pure" id="Tag7454" decimals="2" scale="-2" format="ixt:num-dot-decimal">50</ix:nonFraction>% on the closing date and <ix:nonFraction contextRef="D20210518_DiscontinuedOperationsMember_ExtrafarmaMember_EmpreendimentosPagueMenosSAMember" name="ugp:PercentageOfSalePriceSettlementOnEachOfFirstAndSecondAnniversaryOfClosingDate" unitRef="Pure" id="Tag7684" decimals="2" scale="-2" format="ixt:num-dot-decimal">25</ix:nonFraction>% on each the first and the second anniversary of the closing date, monetarily updated by the <ix:nonNumeric contextRef="D20210518_DiscontinuedOperationsMember_ExtrafarmaMember_EmpreendimentosPagueMenosSAMember" name="ifrs-full:BorrowingsInterestRateBasis" id="Tag7562" escape="true">Interbank Deposits Interest Rate (&#8220;DI&#8221;) rate + <span style="border-left: none; border-right: none;">0.5</span>% p.a.</ix:nonNumeric>, with a guarantee will be provided by a shareholder of the Pague Menos for the last <ix:nonFraction contextRef="D20210518_DiscontinuedOperationsMember_ExtrafarmaMember_EmpreendimentosPagueMenosSAMember" name="ugp:NumberOfInstallmentsInDisposalGroupTransactionRequiredGuaranteeWillBeProvidedByBuyer" unitRef="Pure" id="Tag7671" decimals="0" format="ixt-sec:numwordsen">two</ix:nonFraction> installments. The completion of this transaction is subject to usual conditions precedent in such deals, including approval by the Brazilian antitrust authority and by the general shareholders&#8217; meeting of Pague Menos, pursuant to the terms of article 256 of the Brazilian Corporate Law, which was already held by the purchasing company. Furthermore, preemptive rights were granted to Company's shareholders who wished to acquire Extrafarma's shares, proportionally to their respective participation in the Company's share capital and for the same price per share to be paid by Pague Menos, pursuant to article 253 of the Brazilian Corporate Law. The shareholders of the Company that exercised such right will become direct shareholders of Extrafarma after closing of the transaction. The company held a general shareholders&#8217; meeting on June 25, 2021 in which was formalized the offering of the aforementioned preemptive rights, detailing the procedures for its exercise, as applicable. The exercise period ended on July 29, 2021 and the total exercised was less than <ix:nonFraction contextRef="D20210729_DiscontinuedOperationsMember" name="ugp:MaximumPercentageOfShareCapitalOfReportingEntityExercisedForPreemptiveRights" unitRef="Pure" id="Tag7755" decimals="2" scale="-2" format="ixt:num-dot-decimal">1</ix:nonFraction>% of the Company's capital.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">On February 11, 2022, the Administrative Council for Economic Defense ("CADE") issued an order declaring the Concentration Act no. 08700.005053/2021-74 regarding the acquisition of Extrafarma by Pague Menos. This declaration of complexity is a regular phase within the normal manner for concentration acts whose analysis by CADE needs further investigation. The companies continue to work with CADE in a transparent manner to provide all necessary clarifications.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Extrafarma and Pague Menos will maintain their regular course of business, on an independent manner, until the closing date of the transaction.</span></p>
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<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements<br/></div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span> On December 31, 2021, the Company recorded&#160;an impairment in the amount of </span>R$ <ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ifrs-full:ImpairmentLoss" unitRef="BRL" id="Tag7596" decimals="-3" scale="3" format="ixt:num-dot-decimal">282,169</ix:nonFraction>, net of the effects of deferred income and social contribution taxes, as allocated below:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
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<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Amount </span></p>
</td>
<td style="vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px;"><br/></td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff; width: 85%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160;&#160;&#160; Goodwill </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; width: 14%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GoodwillMember_ExtrafarmaMember_DisposalGroupsClassifiedAsHeldForSaleMember" name="ifrs-full:ImpairmentLossRecognisedInProfitOrLoss" unitRef="BRL" id="Tag7620" decimals="-3" scale="3" format="ixt:num-dot-decimal">68,273</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
</tr>
<tr style="height: 11.35pt;">
<td style="vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160;&#160;&#160; Residual surplus value of fixed assets </span></p>
</td>
<td style="vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_ResidualSurplusValueOfFixedAssetsMember_ExtrafarmaMember_DisposalGroupsClassifiedAsHeldForSaleMember" name="ifrs-full:ImpairmentLossRecognisedInProfitOrLoss" unitRef="BRL" id="Tag7543" decimals="-3" scale="3" format="ixt:num-dot-decimal">160</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160;&#160;&#160; Intangibles assets arising from business combination </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_IntangibleAssetsOtherThanGoodwillMember_ExtrafarmaMember_DisposalGroupsClassifiedAsHeldForSaleMember" name="ifrs-full:ImpairmentLossRecognisedInProfitOrLoss" unitRef="BRL" id="Tag7725" decimals="-3" scale="3" format="ixt:num-dot-decimal">76,136</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 11.35pt;">
<td style="vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160;&#160;&#160; Property, plant, and equipment </span></p>
</td>
<td style="vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_PropertyPlantAndEquipmentMember_ExtrafarmaMember_DisposalGroupsClassifiedAsHeldForSaleMember" name="ifrs-full:ImpairmentLossRecognisedInProfitOrLoss" unitRef="BRL" id="Tag7522" decimals="-3" scale="3" format="ixt:num-dot-decimal">60,548</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160;&#160;&#160; Right-of-use assets </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_RightofuseAssetsMember_ExtrafarmaMember_DisposalGroupsClassifiedAsHeldForSaleMember" name="ifrs-full:ImpairmentLossRecognisedInProfitOrLoss" unitRef="BRL" id="Tag7507" decimals="-3" scale="3" format="ixt:num-dot-decimal">38,957</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 11.35pt;">
<td style="vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160; &#160; &#160;Recoverable taxes</span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1pt solid #000000;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_ReceivablesFromTaxesOtherThanIncomeTaxMember_ExtrafarmaMember_DisposalGroupsClassifiedAsHeldForSaleMember" name="ifrs-full:ImpairmentLossRecognisedInProfitOrLoss" unitRef="BRL" id="Tag7545" decimals="-3" scale="3" format="ixt:num-dot-decimal">183,455</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Impairment </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_ExtrafarmaMember_DisposalGroupsClassifiedAsHeldForSaleMember" name="ifrs-full:ImpairmentLossRecognisedInProfitOrLoss" unitRef="BRL" id="Tag7789" decimals="-3" scale="3" format="ixt:num-dot-decimal">427,529</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 11.35pt;">
<td style="vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160;&#160;&#160; Deferred income and social contribution taxes </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1pt solid #000000;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_ExtrafarmaMember_DisposalGroupsClassifiedAsHeldForSaleMember" name="ugp:DeferredIncomeAndSocialContributionTaxExpenseBenefitOnImpairmentLoss" unitRef="BRL" id="Tag7550" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">145,360</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom;">)</td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Net impairment </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_ExtrafarmaMember_DisposalGroupsClassifiedAsHeldForSaleMember" name="ifrs-full:ImpairmentLoss" unitRef="BRL" id="Tag7595" decimals="-3" scale="3" format="ixt:num-dot-decimal">282,169</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
</tbody>
</table>
</ix:nonNumeric>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">b. Oxiteno S.A. share purchase and sale agreement</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">On August 16, 2021, the Company announced the signing of a share purchase agreement for the sale of all shares of Oxiteno S.A. &#8211; Ind&#250;stria e Com&#233;rcio (&#8220;Oxiteno S.A.&#8221;) to Indorama Ventures PLC (&#8220;Indorama&#8221;). For further information, see Note 1.c.&#160;</span></p>
<ix:exclude>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<div>
<div id="t_ft_WLFHC1G2SG00000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-31</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements<br/></div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
</ix:exclude>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">c. </span><span style="font-style: italic; font-weight: bold;">Disclosure of</span><span style="font-style: italic; font-weight: bold;"> the </span><span style="font-style: italic; font-weight: bold;">impacts</span><span style="font-style: italic; font-weight: bold;"> of IFRS 5 &#8211; </span><span style="font-style: italic; font-weight: bold;">Assets and liabilities</span><span style="font-style: italic; font-weight: bold;"> held for sale and d</span><span style="font-style: italic; font-weight: bold;">iscontinued operations</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The tables of assets and liabilities held for sale and discontinued operation are detailed below and include the financial position and profit or loss incurred throughout 2021 and 2020, when applicable. Eliminations refer to intercompany transactions, substantially represented by purchase and sale transactions, effects on the profit or loss of foreign debts contemplating hedging instruments, investments in associates that are not part of the sales transaction, among others.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<ix:continuation id="ce9c268bf-9fac-4fad-95d1-2b9ebb937763">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">c.1</span> The main classes of assets and liabilities classified as held for sale on December 31, 2021 are shown below:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</ix:continuation>
<ix:continuation id="c5bbcc036-4795-49cd-a434-721dd2cb6c58" continuedAt="ce9c268bf-9fac-4fad-95d1-2b9ebb937763">
<table cellpadding="0" style="height: 422px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Assets </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Oxiteno </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 1.26227%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Extrafarma </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 1.26227%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Eliminations (*)</span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 1.40252%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Current assets </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.40252%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Cash and cash equivalents </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_OxitenoIndustriaComercioMember" name="ifrs-full:CashAndCashEquivalents" unitRef="BRL" id="Tag7379" decimals="-3" scale="3" format="ixt:num-dot-decimal">334,882</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_ExtrafarmaMember" name="ifrs-full:CashAndCashEquivalents" unitRef="BRL" id="Tag7429" decimals="-3" scale="3" format="ixt:num-dot-decimal">53,099</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:CashAndCashEquivalents" unitRef="BRL" id="Tag39" decimals="-3" scale="3" format="ixt:fixed-zero">&#8208;</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_1" name="ifrs-full:CashAndCashEquivalents" unitRef="BRL" id="Tag7500" decimals="-3" scale="3" format="ixt:num-dot-decimal">387,981</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Financial investments and hedging instruments </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_OxitenoIndustriaComercioMember" name="ifrs-full:CurrentInvestments" unitRef="BRL" id="Tag7644" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,346,552</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_ExtrafarmaMember" name="ifrs-full:CurrentInvestments" unitRef="BRL" id="Tag7526" decimals="-3" scale="3" format="ixt:fixed-zero">&#8208;</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:CurrentInvestments" unitRef="BRL" id="Tag7490" decimals="-3" scale="3" format="ixt:fixed-zero">&#8208;</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_1" name="ifrs-full:CurrentInvestments" unitRef="BRL" id="Tag7682" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,346,552</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Trade receivables </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_OxitenoIndustriaComercioMember" name="ifrs-full:CurrentTradeReceivables" unitRef="BRL" id="Tag7754" decimals="-3" scale="3" format="ixt:num-dot-decimal">993,960</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_ExtrafarmaMember" name="ifrs-full:CurrentTradeReceivables" unitRef="BRL" id="Tag7460" decimals="-3" scale="3" format="ixt:num-dot-decimal">35,743</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:CurrentTradeReceivables" unitRef="BRL" id="Tag7462" decimals="-3" scale="3" format="ixt:fixed-zero">&#8208;</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_1" name="ifrs-full:CurrentTradeReceivables" unitRef="BRL" id="Tag7757" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,029,703</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Inventories </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_OxitenoIndustriaComercioMember" name="ifrs-full:Inventories" unitRef="BRL" id="Tag7652" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,671,662</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_ExtrafarmaMember" name="ifrs-full:Inventories" unitRef="BRL" id="Tag7332" decimals="-3" scale="3" format="ixt:num-dot-decimal">578,206</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:Inventories" unitRef="BRL" id="Tag7623" decimals="-3" scale="3" format="ixt:fixed-zero">&#8208;</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_1" name="ifrs-full:Inventories" unitRef="BRL" id="Tag7540" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,249,868</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Recoverable taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_OxitenoIndustriaComercioMember" name="ifrs-full:CurrentReceivablesFromTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag7362" decimals="-3" scale="3" format="ixt:num-dot-decimal">634,718</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_ExtrafarmaMember" name="ifrs-full:CurrentReceivablesFromTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag7713" decimals="-3" scale="3" format="ixt:num-dot-decimal">62,053</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:CurrentReceivablesFromTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag7585" decimals="-3" scale="3" format="ixt:fixed-zero">&#8208;</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_1" name="ifrs-full:CurrentReceivablesFromTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag7525" decimals="-3" scale="3" format="ixt:num-dot-decimal">696,771</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 20px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 20px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Other assets </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 20px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_OxitenoIndustriaComercioMember" name="ifrs-full:OtherCurrentAssets" unitRef="BRL" id="Tag7570" decimals="-3" scale="3" format="ixt:num-dot-decimal">51,829</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 20px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 20px; border-bottom-width: 1px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 20px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_ExtrafarmaMember" name="ifrs-full:OtherCurrentAssets" unitRef="BRL" id="Tag7782" decimals="-3" scale="3" format="ixt:num-dot-decimal">26,145</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 20px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 20px; border-bottom-width: 1px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 20px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:OtherCurrentAssets" unitRef="BRL" id="Tag7320" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">5,035</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 20px; width: 1.40252%;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 20px; border-bottom-width: 1px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 20px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_1" name="ifrs-full:OtherCurrentAssets" unitRef="BRL" id="Tag7640" decimals="-3" scale="3" format="ixt:num-dot-decimal">72,939</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 20px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 20px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 20px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total current assets </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 20px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_OxitenoIndustriaComercioMember" name="ifrs-full:CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" unitRef="BRL" id="Tag7786" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,033,603</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 20px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 20px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 20px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_ExtrafarmaMember" name="ifrs-full:CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" unitRef="BRL" id="Tag7616" decimals="-3" scale="3" format="ixt:num-dot-decimal">755,246</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 20px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 20px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 20px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" unitRef="BRL" id="Tag7405" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">5,035</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 20px; width: 1.40252%;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 20px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 20px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_1" name="ifrs-full:CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" unitRef="BRL" id="Tag7785" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,783,814</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 20px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Non-current assets </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px; height: 19px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px; height: 19px; width: 1.40252%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Financial investments and hedging instruments </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_OxitenoIndustriaComercioMember" name="ifrs-full:OtherNoncurrentFinancialAssets" unitRef="BRL" id="Tag7668" decimals="-3" scale="3" format="ixt:num-dot-decimal">492,430</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_ExtrafarmaMember" name="ifrs-full:OtherNoncurrentFinancialAssets" unitRef="BRL" id="Tag7600" decimals="-3" scale="3" format="ixt:fixed-zero">&#8208;</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:OtherNoncurrentFinancialAssets" unitRef="BRL" id="Tag7487" decimals="-3" scale="3" format="ixt:fixed-zero">&#8208;</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_1" name="ifrs-full:OtherNoncurrentFinancialAssets" unitRef="BRL" id="Tag7581" decimals="-3" scale="3" format="ixt:num-dot-decimal">492,430</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Related parties </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_OxitenoIndustriaComercioMember" name="ifrs-full:TradeAndOtherReceivablesDueFromRelatedParties" unitRef="BRL" id="Tag7437" decimals="-3" scale="3" format="ixt:fixed-zero">&#8208;</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_ExtrafarmaMember" name="ifrs-full:TradeAndOtherReceivablesDueFromRelatedParties" unitRef="BRL" id="Tag7372" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,674</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:TradeAndOtherReceivablesDueFromRelatedParties" unitRef="BRL" id="Tag7484" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,674</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_1" name="ifrs-full:TradeAndOtherReceivablesDueFromRelatedParties" unitRef="BRL" id="Tag7641" decimals="-3" scale="3" format="ixt:fixed-zero">&#8208;</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Deferred income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_OxitenoIndustriaComercioMember" name="ifrs-full:DeferredTaxAssets" unitRef="BRL" id="Tag7680" decimals="-3" scale="3" format="ixt:num-dot-decimal">541,756</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_ExtrafarmaMember" name="ifrs-full:DeferredTaxAssets" unitRef="BRL" id="Tag7756" decimals="-3" scale="3" format="ixt:num-dot-decimal">200,194</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:DeferredTaxAssets" unitRef="BRL" id="Tag7393" decimals="-3" scale="3" format="ixt:fixed-zero">&#8208;</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_1" name="ifrs-full:DeferredTaxAssets" unitRef="BRL" id="Tag7683" decimals="-3" scale="3" format="ixt:num-dot-decimal">741,950</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Recoverable taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_OxitenoIndustriaComercioMember" name="ifrs-full:NoncurrentReceivablesFromTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag7667" decimals="-3" scale="3" format="ixt:num-dot-decimal">393,723</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_ExtrafarmaMember" name="ifrs-full:NoncurrentReceivablesFromTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag7443" decimals="-3" scale="3" format="ixt:num-dot-decimal">17,938</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:NoncurrentReceivablesFromTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag7706" decimals="-3" scale="3" format="ixt:fixed-zero">&#8208;</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_1" name="ifrs-full:NoncurrentReceivablesFromTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag7343" decimals="-3" scale="3" format="ixt:num-dot-decimal">411,661</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Other assets </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_OxitenoIndustriaComercioMember" name="ifrs-full:OtherNoncurrentAssets" unitRef="BRL" id="Tag7557" decimals="-3" scale="3" format="ixt:num-dot-decimal">10,538</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_ExtrafarmaMember" name="ifrs-full:OtherNoncurrentAssets" unitRef="BRL" id="Tag7558" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,136</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:OtherNoncurrentAssets" unitRef="BRL" id="Tag7517" decimals="-3" scale="3" format="ixt:fixed-zero">&#8208;</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 1.40252%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_1" name="ifrs-full:OtherNoncurrentAssets" unitRef="BRL" id="Tag7605" decimals="-3" scale="3" format="ixt:num-dot-decimal">14,674</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_OxitenoIndustriaComercioMember" name="ugp:NonCurrentAssetsOtherThanInvestmentsTangibleIntangibleAndRightOfUseAssets" unitRef="BRL" id="Tag7771" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,438,447</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_ExtrafarmaMember" name="ugp:NonCurrentAssetsOtherThanInvestmentsTangibleIntangibleAndRightOfUseAssets" unitRef="BRL" id="Tag7679" decimals="-3" scale="3" format="ixt:num-dot-decimal">223,942</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_EliminationOfIntersegmentAmountsMember" name="ugp:NonCurrentAssetsOtherThanInvestmentsTangibleIntangibleAndRightOfUseAssets" unitRef="BRL" id="Tag7686" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,674</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 1.40252%;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_1" name="ugp:NonCurrentAssetsOtherThanInvestmentsTangibleIntangibleAndRightOfUseAssets" unitRef="BRL" id="Tag7624" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,660,715</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Investments </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_OxitenoIndustriaComercioMember" name="ugp:NonCurrentInvestments" unitRef="BRL" id="Tag7743" decimals="-3" scale="3" format="ixt:num-dot-decimal">36,207</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_ExtrafarmaMember" name="ugp:NonCurrentInvestments" unitRef="BRL" id="Tag7471" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,000</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_EliminationOfIntersegmentAmountsMember" name="ugp:NonCurrentInvestments" unitRef="BRL" id="Tag7394" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">22,047</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_1" name="ugp:NonCurrentInvestments" unitRef="BRL" id="Tag7360" decimals="-3" scale="3" format="ixt:num-dot-decimal">19,160</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Right-of-use assets, net </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_OxitenoIndustriaComercioMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag7409" decimals="-3" scale="3" format="ixt:num-dot-decimal">31,871</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_ExtrafarmaMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag7761" decimals="-3" scale="3" format="ixt:num-dot-decimal">318,183</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag7335" decimals="-3" scale="3" format="ixt:fixed-zero">&#8208;</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_1" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag7445" decimals="-3" scale="3" format="ixt:num-dot-decimal">350,054</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Property, plant, and equipment </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_OxitenoIndustriaComercioMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag7324" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,787,241</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_ExtrafarmaMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag7712" decimals="-3" scale="3" format="ixt:num-dot-decimal">154,663</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag5831" decimals="-3" scale="3" format="ixt:fixed-zero">&#8208;</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_1" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag7375" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,941,904</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Intangible assets </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_OxitenoIndustriaComercioMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag7768" decimals="-3" scale="3" format="ixt:num-dot-decimal">160,141</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_ExtrafarmaMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag7376" decimals="-3" scale="3" format="ixt:num-dot-decimal">85,129</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag7520" decimals="-3" scale="3" format="ixt:fixed-zero">&#8208;</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 1.40252%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_1" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag7773" decimals="-3" scale="3" format="ixt:num-dot-decimal">245,270</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total non-current assets </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_OxitenoIndustriaComercioMember" name="ifrs-full:NoncurrentAssets" unitRef="BRL" id="Tag7416" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,453,907</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_ExtrafarmaMember" name="ifrs-full:NoncurrentAssets" unitRef="BRL" id="Tag7448" decimals="-3" scale="3" format="ixt:num-dot-decimal">786,917</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:NoncurrentAssets" unitRef="BRL" id="Tag7719" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">23,721</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 1.40252%;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_1" name="ifrs-full:NoncurrentAssets" unitRef="BRL" id="Tag7390" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,217,103</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 21px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 21px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total assets held for sale </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; border-bottom: 2.8pt double #000000; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_OxitenoIndustriaComercioMember" name="ifrs-full:NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" unitRef="BRL" id="Tag7751" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,487,510</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; border-bottom: 2.8pt double #000000; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; border-bottom: 2.8pt double #000000; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_ExtrafarmaMember" name="ifrs-full:NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" unitRef="BRL" id="Tag7724" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,542,163</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; border-bottom: 2.8pt double #000000; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; border-bottom: 2.8pt double #000000; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" unitRef="BRL" id="Tag7614" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">28,756</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; border-bottom: 2.8pt double #000000; width: 1.40252%;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; border-bottom: 2.8pt double #000000; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_1" name="ifrs-full:NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" unitRef="BRL" id="Tag7694" decimals="-3" scale="3" format="ixt:num-dot-decimal">11,000,917</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.40252%;"><br/></td>
</tr>
</tbody>
</table>
<p style="margin: 2pt 0cm 0cm; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"><span style="font-size: 8pt; font-family: 'times new roman', times;">(*) <ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote4">Balances and transactions between the discontinued and continuing operations have been eliminated, mainly related to loans.</ix:footnote></span><span></span></p>
</ix:continuation>
<ix:exclude>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<div>
<div id="t_ft_2JOZWSDQB400000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-32</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements<br/></div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><br/></div>
</ix:exclude>
<ix:nonNumeric contextRef="D20211231_3" name="ugp:DisclosureOfAssetsAndLiabilitiesOrDisposalGroupsClassifiedAsHeldForSaleExplanatory" id="Tag7802" escape="true" continuedAt="c5bbcc036-4795-49cd-a434-721dd2cb6c58">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 460px;" width="100%">
<tbody>
<tr style="height: 20px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Liabilities </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Oxiteno </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.33136%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Extrafarma </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.33136%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Eliminations (*)</span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.47929%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 20px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Current liabilities </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 20px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 20px; width: 1.33136%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.33136%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.47929%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; width: 45.7101%; height: 19px;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Loans, financing and hedge derivative financial instruments </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; width: 10.7988%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_OxitenoIndustriaComercioMember" name="ugp:LoansFinancingAndHedgingInstrumentsCurrent" unitRef="BRL" id="Tag7539" decimals="-3" scale="3" format="ixt:num-dot-decimal">302,154</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; width: 1.33136%; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; width: 1.77515%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; width: 10.9467%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_ExtrafarmaMember" name="ugp:LoansFinancingAndHedgingInstrumentsCurrent" unitRef="BRL" id="Tag7407" decimals="-3" scale="3" format="ixt:fixed-zero">&#8208;</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; width: 1.33136%; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; width: 1.77515%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; width: 10.9467%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_EliminationOfIntersegmentAmountsMember" name="ugp:LoansFinancingAndHedgingInstrumentsCurrent" unitRef="BRL" id="Tag7753" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">62,841</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; width: 1.47929%; height: 19px;">)</td>
<td style="padding: 0px; vertical-align: middle; width: 1.77515%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; width: 10.6509%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_1" name="ugp:LoansFinancingAndHedgingInstrumentsCurrent" unitRef="BRL" id="Tag7729" decimals="-3" scale="3" format="ixt:num-dot-decimal">239,313</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; width: 1.47929%; height: 19px;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Trade payables </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_OxitenoIndustriaComercioMember" name="ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers" unitRef="BRL" id="Tag7318" decimals="-3" scale="3" format="ixt:num-dot-decimal">493,800</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_ExtrafarmaMember" name="ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers" unitRef="BRL" id="Tag7715" decimals="-3" scale="3" format="ixt:num-dot-decimal">225,487</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers" unitRef="BRL" id="Tag7637" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,949</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_1" name="ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers" unitRef="BRL" id="Tag7549" decimals="-3" scale="3" format="ixt:num-dot-decimal">717,338</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Trade payables &#8211; reverse factoring </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_OxitenoIndustriaComercioMember" name="ugp:TradeCurrentPayablesReverseFactoring" unitRef="BRL" id="Tag7489" decimals="-3" scale="3" format="ixt:num-dot-decimal">725,246</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_ExtrafarmaMember" name="ugp:TradeCurrentPayablesReverseFactoring" unitRef="BRL" id="Tag7566" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_EliminationOfIntersegmentAmountsMember" name="ugp:TradeCurrentPayablesReverseFactoring" unitRef="BRL" id="Tag7354" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_1" name="ugp:TradeCurrentPayablesReverseFactoring" unitRef="BRL" id="Tag7710" decimals="-3" scale="3" format="ixt:num-dot-decimal">725,246</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Salaries and related charges </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_OxitenoIndustriaComercioMember" name="ifrs-full:ShorttermEmployeeBenefitsAccruals" unitRef="BRL" id="Tag7446" decimals="-3" scale="3" format="ixt:num-dot-decimal">176,941</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_ExtrafarmaMember" name="ifrs-full:ShorttermEmployeeBenefitsAccruals" unitRef="BRL" id="Tag7663" decimals="-3" scale="3" format="ixt:num-dot-decimal">45,843</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:ShorttermEmployeeBenefitsAccruals" unitRef="BRL" id="Tag7759" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_1" name="ifrs-full:ShorttermEmployeeBenefitsAccruals" unitRef="BRL" id="Tag7738" decimals="-3" scale="3" format="ixt:num-dot-decimal">222,784</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Taxes payables </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_OxitenoIndustriaComercioMember" name="ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag7413" decimals="-3" scale="3" format="ixt:num-dot-decimal">53,988</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_ExtrafarmaMember" name="ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag7516" decimals="-3" scale="3" format="ixt:num-dot-decimal">15,696</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag7634" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_1" name="ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag7509" decimals="-3" scale="3" format="ixt:num-dot-decimal">69,684</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Income and social contribution taxes payable </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_OxitenoIndustriaComercioMember" name="ifrs-full:CurrentTaxLiabilitiesCurrent" unitRef="BRL" id="Tag7731" decimals="-3" scale="3" format="ixt:num-dot-decimal">12,415</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_ExtrafarmaMember" name="ifrs-full:CurrentTaxLiabilitiesCurrent" unitRef="BRL" id="Tag7498" decimals="-3" scale="3" format="ixt:fixed-zero">&#8208;</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:CurrentTaxLiabilitiesCurrent" unitRef="BRL" id="Tag7333" decimals="-3" scale="3" format="ixt:fixed-zero">&#8208;</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_1" name="ifrs-full:CurrentTaxLiabilitiesCurrent" unitRef="BRL" id="Tag7774" decimals="-3" scale="3" format="ixt:num-dot-decimal">12,415</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Post-employment benefits </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_OxitenoIndustriaComercioMember" name="ifrs-full:CurrentProvisionsForEmployeeBenefits" unitRef="BRL" id="Tag7561" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,311</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_ExtrafarmaMember" name="ifrs-full:CurrentProvisionsForEmployeeBenefits" unitRef="BRL" id="Tag7366" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:CurrentProvisionsForEmployeeBenefits" unitRef="BRL" id="Tag7792" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_1" name="ifrs-full:CurrentProvisionsForEmployeeBenefits" unitRef="BRL" id="Tag7501" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,311</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Provision for tax, civil, and labor risks </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_OxitenoIndustriaComercioMember" name="ifrs-full:ShorttermLegalProceedingsProvision" unitRef="BRL" id="Tag7420" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,946</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_ExtrafarmaMember" name="ifrs-full:ShorttermLegalProceedingsProvision" unitRef="BRL" id="Tag7496" decimals="-3" scale="3" format="ixt:num-dot-decimal">520</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:ShorttermLegalProceedingsProvision" unitRef="BRL" id="Tag7762" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_1" name="ifrs-full:ShorttermLegalProceedingsProvision" unitRef="BRL" id="Tag7647" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,466</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Leases payable </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_OxitenoIndustriaComercioMember" name="ifrs-full:CurrentLeaseLiabilities" unitRef="BRL" id="Tag7718" decimals="-3" scale="3" format="ixt:num-dot-decimal">11,702</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_ExtrafarmaMember" name="ifrs-full:CurrentLeaseLiabilities" unitRef="BRL" id="Tag7523" decimals="-3" scale="3" format="ixt:num-dot-decimal">64,312</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:CurrentLeaseLiabilities" unitRef="BRL" id="Tag7685" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_1" name="ifrs-full:CurrentLeaseLiabilities" unitRef="BRL" id="Tag7427" decimals="-3" scale="3" format="ixt:num-dot-decimal">76,014</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: top; background-color: #cceeff; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Other liabilities </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_OxitenoIndustriaComercioMember" name="ifrs-full:OtherCurrentLiabilities" unitRef="BRL" id="Tag7423" decimals="-3" scale="3" format="ixt:num-dot-decimal">68,721</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_ExtrafarmaMember" name="ifrs-full:OtherCurrentLiabilities" unitRef="BRL" id="Tag7606" decimals="-3" scale="3" format="ixt:num-dot-decimal">13,249</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:OtherCurrentLiabilities" unitRef="BRL" id="Tag7733" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">13,264</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_1" name="ifrs-full:OtherCurrentLiabilities" unitRef="BRL" id="Tag7350" decimals="-3" scale="3" format="ixt:num-dot-decimal">68,706</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total current liabilities </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_OxitenoIndustriaComercioMember" name="ifrs-full:CurrentLiabilities" unitRef="BRL" id="Tag7401" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,851,224</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_ExtrafarmaMember" name="ifrs-full:CurrentLiabilities" unitRef="BRL" id="Tag7695" decimals="-3" scale="3" format="ixt:num-dot-decimal">365,107</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:CurrentLiabilities" unitRef="BRL" id="Tag7488" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">78,054</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_1" name="ifrs-full:CurrentLiabilities" unitRef="BRL" id="Tag7511" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,138,277</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Non-current liabilities </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Loans, financing and hedge derivative financial instruments </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_OxitenoIndustriaComercioMember" name="ugp:LoansFinancingAndHedgingInstrumentsNonCurrent" unitRef="BRL" id="Tag7627" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,728,028</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_ExtrafarmaMember" name="ugp:LoansFinancingAndHedgingInstrumentsNonCurrent" unitRef="BRL" id="Tag7371" decimals="-3" scale="3" format="ixt:fixed-zero">&#8208;</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_EliminationOfIntersegmentAmountsMember" name="ugp:LoansFinancingAndHedgingInstrumentsNonCurrent" unitRef="BRL" id="Tag7553" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">5,725,594</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_1" name="ugp:LoansFinancingAndHedgingInstrumentsNonCurrent" unitRef="BRL" id="Tag7518" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,434</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Related parties </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_OxitenoIndustriaComercioMember" name="ifrs-full:NoncurrentPayablesToRelatedParties" unitRef="BRL" id="Tag7716" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,875</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_ExtrafarmaMember" name="ifrs-full:NoncurrentPayablesToRelatedParties" unitRef="BRL" id="Tag7777" decimals="-3" scale="3" format="ixt:fixed-zero">&#8208;</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:NoncurrentPayablesToRelatedParties" unitRef="BRL" id="Tag7434" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">2,875</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_1" name="ifrs-full:NoncurrentPayablesToRelatedParties" unitRef="BRL" id="Tag7396" decimals="-3" scale="3" format="ixt:fixed-zero">&#8208;</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Deferred income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_OxitenoIndustriaComercioMember" name="ifrs-full:DeferredTaxLiabilities" unitRef="BRL" id="Tag7346" decimals="-3" scale="3" format="ixt:num-dot-decimal">12,964</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_ExtrafarmaMember" name="ifrs-full:DeferredTaxLiabilities" unitRef="BRL" id="Tag7653" decimals="-3" scale="3" format="ixt:fixed-zero">&#8208;</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:DeferredTaxLiabilities" unitRef="BRL" id="Tag7654" decimals="-3" scale="3" format="ixt:fixed-zero">&#8208;</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_1" name="ifrs-full:DeferredTaxLiabilities" unitRef="BRL" id="Tag7708" decimals="-3" scale="3" format="ixt:num-dot-decimal">12,964</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Post-employment benefits </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_OxitenoIndustriaComercioMember" name="ifrs-full:NoncurrentProvisionsForEmployeeBenefits" unitRef="BRL" id="Tag7529" decimals="-3" scale="3" format="ixt:num-dot-decimal">6,806</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_ExtrafarmaMember" name="ifrs-full:NoncurrentProvisionsForEmployeeBenefits" unitRef="BRL" id="Tag7531" decimals="-3" scale="3" format="ixt:num-dot-decimal">287</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:NoncurrentProvisionsForEmployeeBenefits" unitRef="BRL" id="Tag7389" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_1" name="ifrs-full:NoncurrentProvisionsForEmployeeBenefits" unitRef="BRL" id="Tag7795" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,093</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Provision for tax, civil, and labor risks </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_OxitenoIndustriaComercioMember" name="ifrs-full:LongtermLegalProceedingsProvision" unitRef="BRL" id="Tag7699" decimals="-3" scale="3" format="ixt:num-dot-decimal">33,149</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_ExtrafarmaMember" name="ifrs-full:LongtermLegalProceedingsProvision" unitRef="BRL" id="Tag7435" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,370</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:LongtermLegalProceedingsProvision" unitRef="BRL" id="Tag7617" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_1" name="ifrs-full:LongtermLegalProceedingsProvision" unitRef="BRL" id="Tag7440" decimals="-3" scale="3" format="ixt:num-dot-decimal">35,519</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Leases payable </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_OxitenoIndustriaComercioMember" name="ifrs-full:NoncurrentLeaseLiabilities" unitRef="BRL" id="Tag7449" decimals="-3" scale="3" format="ixt:num-dot-decimal">22,786</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_ExtrafarmaMember" name="ifrs-full:NoncurrentLeaseLiabilities" unitRef="BRL" id="Tag7728" decimals="-3" scale="3" format="ixt:num-dot-decimal">314,915</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:NoncurrentLeaseLiabilities" unitRef="BRL" id="Tag7607" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_1" name="ifrs-full:NoncurrentLeaseLiabilities" unitRef="BRL" id="Tag7711" decimals="-3" scale="3" format="ixt:num-dot-decimal">337,701</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Other liabilities </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_OxitenoIndustriaComercioMember" name="ifrs-full:OtherNoncurrentLiabilities" unitRef="BRL" id="Tag7463" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,341</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_ExtrafarmaMember" name="ifrs-full:OtherNoncurrentLiabilities" unitRef="BRL" id="Tag7483" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,092</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:OtherNoncurrentLiabilities" unitRef="BRL" id="Tag7322" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_1" name="ifrs-full:OtherNoncurrentLiabilities" unitRef="BRL" id="Tag7765" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,433</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total non-current liabilities </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_OxitenoIndustriaComercioMember" name="ifrs-full:NoncurrentLiabilities" unitRef="BRL" id="Tag7403" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,811,949</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_ExtrafarmaMember" name="ifrs-full:NoncurrentLiabilities" unitRef="BRL" id="Tag7457" decimals="-3" scale="3" format="ixt:num-dot-decimal">319,664</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:NoncurrentLiabilities" unitRef="BRL" id="Tag7392" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">5,728,469</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_1" name="ifrs-full:NoncurrentLiabilities" unitRef="BRL" id="Tag7431" decimals="-3" scale="3" format="ixt:num-dot-decimal">403,144</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: top; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total equity </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_OxitenoIndustriaComercioMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag7528" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,824,337</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_ExtrafarmaMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag7678" decimals="-3" scale="3" format="ixt:num-dot-decimal">857,392</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag7632" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">2,681,729</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_1" name="ifrs-full:Equity" unitRef="BRL" id="Tag7739" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 21px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 21px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total liabilities held for sale and equity </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 21px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_OxitenoIndustriaComercioMember" name="ugp:LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleAndEquity" unitRef="BRL" id="Tag7399" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,487,510</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 21px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_ExtrafarmaMember" name="ugp:LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleAndEquity" unitRef="BRL" id="Tag7588" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,542,163</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 21px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_EliminationOfIntersegmentAmountsMember" name="ugp:LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleAndEquity" unitRef="BRL" id="Tag7642" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">8,488,252</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 21px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_1" name="ugp:LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleAndEquity" unitRef="BRL" id="Tag7334" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,541,421</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.47929%;"><br/></td>
</tr>
</tbody>
</table>
<p style="margin: 2pt 0cm 0cm; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"><span style="font-size: 8pt; font-family: 'times new roman', times;">(*) <ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote3">Balances and transactions between the discontinued and continuing operations have been eliminated, mainly related to loans.</ix:footnote></span><span></span></p>
</ix:nonNumeric>
<ix:exclude>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<div>
<div id="t_ft_5N0GE1EOE800000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-33</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements<br/></div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
<p style="margin: 0pt; text-align: justify;"><br/></p>
</ix:exclude>
<div style="border-right: none; border-left: none;">
<div id="Normadiv2004" style="font-family: 'times new roman', times; font-size: 10pt;">
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsExplanatory" id="Tag7314" escape="true">
<div style="border-right: none; border-left: none;">
<div id="Normadiv205" style="font-family: 'times new roman', times; font-size: 10pt;">
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">c.2</span> The results for the year and cash flows from discontinued operations as of December 31, 2021 are shown below:</span></p>
</div>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<table cellpadding="0" style="height: 295px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 46.0059%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Oxiteno </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Extrafarma </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.44718%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;"> Eliminations (*)</span></span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 46.0059%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Net revenue from sales and services </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag7447" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,102,771</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.33136%; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag7464" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,986,932</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.44718%; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag7659" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">23,908</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 19px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag7758" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,065,795</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 46.0059%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Cost of products and services sold </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ifrs-full:CostOfSales" unitRef="BRL" id="Tag7764" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,540,773</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ifrs-full:CostOfSales" unitRef="BRL" id="Tag7410" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,384,316</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.44718%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:CostOfSales" unitRef="BRL" id="Tag7535" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">23,908</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember" name="ifrs-full:CostOfSales" unitRef="BRL" id="Tag7591" decimals="-3" scale="3" format="ixt:num-dot-decimal">6,901,181</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;">)</td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 46.0059%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Gross profit </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ifrs-full:GrossProfit" unitRef="BRL" id="Tag7703" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,561,998</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ifrs-full:GrossProfit" unitRef="BRL" id="Tag7502" decimals="-3" scale="3" format="ixt:num-dot-decimal">602,616</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.44718%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:GrossProfit" unitRef="BRL" id="Tag184" decimals="-3" scale="3" format="ixt:fixed-zero">&#8208;</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember" name="ifrs-full:GrossProfit" unitRef="BRL" id="Tag7551" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,164,614</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 46.0059%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Operating income (expenses) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.44718%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 46.0059%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Selling marketing and administrative </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ifrs-full:SalesAndMarketingExpense" unitRef="BRL" id="Tag7569" decimals="-3" scale="3" format="ixt:num-dot-decimal">978,221</ix:nonFraction>) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ifrs-full:SalesAndMarketingExpense" unitRef="BRL" id="Tag7587" decimals="-3" scale="3" format="ixt:num-dot-decimal">685,794</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.44718%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:SalesAndMarketingExpense" unitRef="BRL" id="Tag7552" decimals="-3" scale="3" format="ixt:fixed-zero">&#8208;</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember" name="ifrs-full:SalesAndMarketingExpense" unitRef="BRL" id="Tag7565" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,664,015</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;">)</td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 46.0059%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Impairment </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ifrs-full:ImpairmentLossRecognisedInProfitOrLoss" unitRef="BRL" id="Tag7772" decimals="-3" scale="3" format="ixt:fixed-zero">&#8208;</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ifrs-full:ImpairmentLossRecognisedInProfitOrLoss" unitRef="BRL" id="Tag7486" decimals="-3" scale="3" format="ixt:num-dot-decimal">427,529</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.44718%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:ImpairmentLossRecognisedInProfitOrLoss" unitRef="BRL" id="Tag7554" decimals="-3" scale="3" format="ixt:fixed-zero">&#8208;</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember" name="ifrs-full:ImpairmentLossRecognisedInProfitOrLoss" unitRef="BRL" id="Tag7377" decimals="-3" scale="3" format="ixt:num-dot-decimal">427,529</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;">)</td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 46.0059%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Other operating income, net </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag7726" decimals="-3" scale="3" format="ixt:num-dot-decimal">26,924</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag7421" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,109</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.44718%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag7397" decimals="-3" scale="3" format="ixt:fixed-zero">&#8208;</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag7411" decimals="-3" scale="3" format="ixt:num-dot-decimal">25,815</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 46.0059%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Operating income (loss) before finance income (expenses) and share of profit of associates </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates" unitRef="BRL" id="Tag7603" decimals="-3" scale="3" format="ixt:num-dot-decimal">610,701</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates" unitRef="BRL" id="Tag7325" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">511,816</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.44718%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates" unitRef="BRL" id="Tag38" decimals="-3" scale="3" format="ixt:fixed-zero">&#8208;</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates" unitRef="BRL" id="Tag7636" decimals="-3" scale="3" format="ixt:num-dot-decimal">98,885</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 46.0059%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Share of profit of associates </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ifrs-full:ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag7794" decimals="-3" scale="3" format="ixt:num-dot-decimal">48</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ifrs-full:ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag7770" decimals="-3" scale="3" format="ixt:fixed-zero">&#8208;</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.44718%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag7365" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember" name="ifrs-full:ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag7776" decimals="-3" scale="3" format="ixt:num-dot-decimal">48</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 46.0059%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Operating income (loss) before finance income (expenses) and income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag7470" decimals="-3" scale="3" format="ixt:num-dot-decimal">610,749</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag7691" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">511,816</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.44718%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag7524" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag7455" decimals="-3" scale="3" format="ixt:num-dot-decimal">98,933</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 46.0059%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Financial result, net </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ifrs-full:FinanceIncomeCost" unitRef="BRL" id="Tag7398" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">431,441</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ifrs-full:FinanceIncomeCost" unitRef="BRL" id="Tag7537" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">45,265</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.44718%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:FinanceIncomeCost" unitRef="BRL" id="Tag7665" decimals="-3" scale="3" format="ixt:num-dot-decimal">329,736</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember" name="ifrs-full:FinanceIncomeCost" unitRef="BRL" id="Tag7677" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">146,970</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;">)</td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 46.0059%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Profit (loss) before income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ifrs-full:ProfitLossBeforeTax" unitRef="BRL" id="Tag7418" decimals="-3" scale="3" format="ixt:num-dot-decimal">179,308</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ifrs-full:ProfitLossBeforeTax" unitRef="BRL" id="Tag7749" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">557,081</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.44718%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:ProfitLossBeforeTax" unitRef="BRL" id="Tag7340" decimals="-3" scale="3" format="ixt:num-dot-decimal">329,736</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember" name="ifrs-full:ProfitLossBeforeTax" unitRef="BRL" id="Tag7519" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">48,037</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;">)</td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 46.0059%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Income and social contribution taxes </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ifrs-full:TaxExpenseRelatingToProfitLossFromOrdinaryActivitiesOfDiscontinuedOperations" unitRef="BRL" id="Tag7492" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">69,995</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ifrs-full:TaxExpenseRelatingToProfitLossFromOrdinaryActivitiesOfDiscontinuedOperations" unitRef="BRL" id="Tag7341" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">155,416</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.44718%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:TaxExpenseRelatingToProfitLossFromOrdinaryActivitiesOfDiscontinuedOperations" unitRef="BRL" id="Tag7556" decimals="-3" scale="3" format="ixt:num-dot-decimal">112,110</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember" name="ifrs-full:TaxExpenseRelatingToProfitLossFromOrdinaryActivitiesOfDiscontinuedOperations" unitRef="BRL" id="Tag7424" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">113,301</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 46.0059%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Profit (loss) for the year </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ifrs-full:ProfitLossFromDiscontinuedOperations" unitRef="BRL" id="Tag7317" decimals="-3" scale="3" format="ixt:num-dot-decimal">249,303</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ifrs-full:ProfitLossFromDiscontinuedOperations" unitRef="BRL" id="Tag7631" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">401,665</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.44718%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:ProfitLossFromDiscontinuedOperations" unitRef="BRL" id="Tag7351" decimals="-3" scale="3" format="ixt:num-dot-decimal">217,626</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember" name="ifrs-full:ProfitLossFromDiscontinuedOperations" unitRef="BRL" id="Tag7352" decimals="-3" scale="3" format="ixt:num-dot-decimal">65,264</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 46.0059%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">Deprecia</span><span style="font-weight: bold;">tion</span><span style="font-weight: bold;"> </span><span style="font-weight: bold;">and</span><span style="font-weight: bold;"> amortiza</span><span style="font-weight: bold;">tion for the year <span style="font-size: 8pt;"><sup>(i)</sup></span></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ifrs-full:DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" unitRef="BRL" id="Tag7485" decimals="-3" scale="3" format="ixt:num-dot-decimal">308,564</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ifrs-full:DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" unitRef="BRL" id="Tag7688" decimals="-3" scale="3" format="ixt:num-dot-decimal">154,850</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.44718%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" unitRef="BRL" id="Tag7542" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember" name="ifrs-full:DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" unitRef="BRL" id="Tag7741" decimals="-3" scale="3" format="ixt:num-dot-decimal">463,414</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.47929%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<div style="border-right: none; border-left: none;">
<p style="margin: 0pt; text-align: justify;"><br/></p>
<p style="margin: 0pt; text-align: justify;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(*) <ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote5">Elimination between continuing and discontinued operations related to the intercompany loan (PPE) between Ultrapar International and Oxiteno.</ix:footnote></span><br/></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><sup><span style="vertical-align: super;">(i)</span></sup> <ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote1">Balances included for complete breakdown of segment information.</ix:footnote></span></p>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 133px;" width="100%">
<tbody>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Oxiteno </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Extrafarma </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Eliminations </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 49%; height: 18px;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Net cash provided by (used in) operating activities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11%; height: 18px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ifrs-full:CashFlowsFromUsedInOperatingActivitiesDiscontinuedOperations" unitRef="BRL" id="Tag7775" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,016,580</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 18px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11%; height: 18px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ifrs-full:CashFlowsFromUsedInOperatingActivitiesDiscontinuedOperations" unitRef="BRL" id="Tag7356" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">33,273</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 18px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 18px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11%; height: 18px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:CashFlowsFromUsedInOperatingActivitiesDiscontinuedOperations" unitRef="BRL" id="Tag7727" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">788</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 18px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 18px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11%; height: 18px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember" name="ifrs-full:CashFlowsFromUsedInOperatingActivitiesDiscontinuedOperations" unitRef="BRL" id="Tag7530" decimals="-3" scale="3" format="ixt:num-dot-decimal">982,519</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 18px;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Net cash used in investing activities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ifrs-full:CashFlowsFromUsedInInvestingActivitiesDiscontinuedOperations" unitRef="BRL" id="Tag7648" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">122,363</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ifrs-full:CashFlowsFromUsedInInvestingActivitiesDiscontinuedOperations" unitRef="BRL" id="Tag7473" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">35,072</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:CashFlowsFromUsedInInvestingActivitiesDiscontinuedOperations" unitRef="BRL" id="Tag7740" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,298</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember" name="ifrs-full:CashFlowsFromUsedInInvestingActivitiesDiscontinuedOperations" unitRef="BRL" id="Tag7670" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">158,733</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">)</td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Net cash provided by (used in) financing activities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ifrs-full:CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations" unitRef="BRL" id="Tag7597" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,054,930</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ifrs-full:CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations" unitRef="BRL" id="Tag7538" decimals="-3" scale="3" format="ixt:num-dot-decimal">35,286</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations" unitRef="BRL" id="Tag7666" decimals="-3" scale="3" format="ixt:num-dot-decimal">466,677</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember" name="ifrs-full:CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations" unitRef="BRL" id="Tag7650" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">552,967</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;">)</td>
</tr>
<tr style="height: 37px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 37px;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Effect of exchange rate changes on cash and cash equivalents in foreign currency </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ugp:EffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations" unitRef="BRL" id="Tag7560" decimals="-3" scale="3" format="ixt:num-dot-decimal">56,553</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 37px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ugp:EffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations" unitRef="BRL" id="Tag7788" decimals="-3" scale="3" format="ixt:fixed-zero">&#8208;</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 37px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ugp:EffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations" unitRef="BRL" id="Tag7391" decimals="-3" scale="3" format="ixt:fixed-zero">&#8208;</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 37px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember" name="ugp:EffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations" unitRef="BRL" id="Tag7681" decimals="-3" scale="3" format="ixt:num-dot-decimal">56,553</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px;"><br/></td>
</tr>
<tr style="height: 21px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 21px;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (Decrease) increase in cash and cash equivalents </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 21px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ugp:IncreaseDecreaseInCashAndCashEquivalentsIncludingEffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations" unitRef="BRL" id="Tag7576" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">104,160</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 21px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 21px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 21px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ugp:IncreaseDecreaseInCashAndCashEquivalentsIncludingEffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations" unitRef="BRL" id="Tag7621" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">33,059</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 21px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 21px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 21px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ugp:IncreaseDecreaseInCashAndCashEquivalentsIncludingEffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations" unitRef="BRL" id="Tag7763" decimals="-3" scale="3" format="ixt:num-dot-decimal">464,591</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 21px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 21px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 21px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DiscontinuedOperationsMember" name="ugp:IncreaseDecreaseInCashAndCashEquivalentsIncludingEffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations" unitRef="BRL" id="Tag7451" decimals="-3" scale="3" format="ixt:num-dot-decimal">327,372</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 21px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<ix:exclude>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<div>
<div id="t_ft_TZNHGQUHA800000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-34</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements<br/></div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
</ix:exclude>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">c.</span><span style="font-style: italic; font-weight: bold;">3</span> The results for the year and cash flows from discontinued operations as of December 31, 2020 are shown below:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</div>
<div style="border-right: none; border-left: none;">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 422px;" width="100%">
<tbody>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.4438%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="10" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 48.2249%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Discontinued operations </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.33136%;"><br/></td>
<td style="vertical-align: top; height: 19px; width: 0.887574%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.4438%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Disclosed </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.46746%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Oxiteno </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.91124%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Extrafarma </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 10.0592%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;"> Eliminations</span> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: top; border-bottom: 1px solid #000000; height: 19px; width: 9.61538%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="vertical-align: top; height: 19px; width: 1.33136%;"><br/></td>
<td style="vertical-align: top; height: 19px; width: 0.887574%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Re-Restated </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 25.4438%; height: 19px;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Net revenue from sales and services </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 9.76331%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <span style="border-left: none; border-right: none;"><ix:nonFraction contextRef="D20201231_PreviouslyStatedMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag7613" decimals="-3" scale="3" format="ixt:num-dot-decimal">81,241,102</ix:nonFraction></span> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.33136%; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.77515%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 9.46746%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag7734" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,210,704</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.33136%; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.77515%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 9.91124%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag7406" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,988,411</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.62722%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10.0592%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag7439" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">16,069</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.33136%; height: 19px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.62722%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; width: 9.61538%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag7465" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,183,046</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; width: 1.33136%; height: 19px;"><br/></td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; width: 0.887574%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 9.76331%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:Revenue" unitRef="BRL" id="Tag7368" decimals="-3" scale="3" format="ixt:num-dot-decimal">74,058,056</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 19px;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.4438%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Cost of products and services sold </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_PreviouslyStatedMember" name="ifrs-full:CostOfSales" unitRef="BRL" id="Tag7564" decimals="-3" scale="3" format="ixt:num-dot-decimal">75,628,214</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.46746%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ifrs-full:CostOfSales" unitRef="BRL" id="Tag7705" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,188,711</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.91124%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ifrs-full:CostOfSales" unitRef="BRL" id="Tag7387" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,399,125</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 10.0592%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:CostOfSales" unitRef="BRL" id="Tag7574" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">16,069</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 19px; width: 9.61538%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember" name="ifrs-full:CostOfSales" unitRef="BRL" id="Tag7714" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,571,767</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.33136%;">)</td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; width: 0.887574%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:CostOfSales" unitRef="BRL" id="Tag7404" decimals="-3" scale="3" format="ixt:num-dot-decimal">70,056,447</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;">)</td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 25.4438%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Gross profit </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_PreviouslyStatedMember" name="ifrs-full:GrossProfit" unitRef="BRL" id="Tag7495" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,612,888</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.46746%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ifrs-full:GrossProfit" unitRef="BRL" id="Tag7336" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,021,993</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.91124%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ifrs-full:GrossProfit" unitRef="BRL" id="Tag7687" decimals="-3" scale="3" format="ixt:num-dot-decimal">589,286</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 10.0592%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:GrossProfit" unitRef="BRL" id="Tag7428" decimals="-3" scale="3" format="ixt:fixed-zero">&#8208;</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 9.61538%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember" name="ifrs-full:GrossProfit" unitRef="BRL" id="Tag7778" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,611,279</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 1.33136%;"><br/></td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 0.887574%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:GrossProfit" unitRef="BRL" id="Tag7453" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,001,609</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.4438%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Operating income (expenses) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.46746%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.91124%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.0592%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; width: 9.61538%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.33136%;"><br/></td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; width: 0.887574%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 25.4438%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Selling marketing and administrative </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_PreviouslyStatedMember" name="ifrs-full:SellingGeneralAndAdministrativeExpense" unitRef="BRL" id="Tag7780" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,098,377</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.46746%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ifrs-full:SellingGeneralAndAdministrativeExpense" unitRef="BRL" id="Tag7656" decimals="-3" scale="3" format="ixt:num-dot-decimal">831,056</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.91124%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ifrs-full:SellingGeneralAndAdministrativeExpense" unitRef="BRL" id="Tag7477" decimals="-3" scale="3" format="ixt:num-dot-decimal">662,182</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 10.0592%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:SellingGeneralAndAdministrativeExpense" unitRef="BRL" id="Tag7748" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 9.61538%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember" name="ifrs-full:SellingGeneralAndAdministrativeExpense" unitRef="BRL" id="Tag7700" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,493,238</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 1.33136%;">)</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 0.887574%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:SellingGeneralAndAdministrativeExpense" unitRef="BRL" id="Tag7639" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,605,139</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;">)</td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.4438%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Other operating income, net </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_PreviouslyStatedMember" name="ifrs-full:OtherGainsLosses" unitRef="BRL" id="Tag7658" decimals="-3" scale="3" format="ixt:num-dot-decimal">297,544</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.46746%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ifrs-full:OtherGainsLosses" unitRef="BRL" id="Tag7567" decimals="-3" scale="3" format="ixt:num-dot-decimal">153,457</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.91124%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ifrs-full:OtherGainsLosses" unitRef="BRL" id="Tag7579" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">5,403</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 10.0592%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:OtherGainsLosses" unitRef="BRL" id="Tag7628" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 19px; width: 9.61538%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember" name="ifrs-full:OtherGainsLosses" unitRef="BRL" id="Tag7414" decimals="-3" scale="3" format="ixt:num-dot-decimal">148,054</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.33136%;"><br/></td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; width: 0.887574%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:OtherGainsLosses" unitRef="BRL" id="Tag7541" decimals="-3" scale="3" format="ixt:num-dot-decimal">149,490</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 54px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 54px; width: 25.4438%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Operating income (loss) before finance income (expenses) and share of profit (loss) of subsidiaries, joint ventures and associates </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 54px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_PreviouslyStatedMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates" unitRef="BRL" id="Tag7494" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,812,055</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 54px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 54px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 54px; width: 9.46746%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates" unitRef="BRL" id="Tag7766" decimals="-3" scale="3" format="ixt:num-dot-decimal">344,394</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 54px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 54px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 54px; width: 9.91124%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates" unitRef="BRL" id="Tag7675" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">78,299</ix:nonFraction>) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 54px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 54px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 54px; width: 10.0592%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates" unitRef="BRL" id="Tag7373" decimals="-3" scale="3" format="ixt:fixed-zero">&#8208;</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 54px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 54px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; padding: 0px; height: 54px; width: 9.61538%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates" unitRef="BRL" id="Tag7584" decimals="-3" scale="3" format="ixt:num-dot-decimal">266,095</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 54px; width: 1.33136%;"><br/></td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 54px; width: 0.887574%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 54px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates" unitRef="BRL" id="Tag7604" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,545,960</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 54px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 37px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 37px; width: 25.4438%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Share of profit (loss) of subsidiaries, joint ventures and associates </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_PreviouslyStatedMember" name="ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag7493" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">43,617</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.33136%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 9.46746%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag7704" decimals="-3" scale="3" format="ixt:num-dot-decimal">414</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 9.91124%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag7456" decimals="-3" scale="3" format="ixt:fixed-zero">&#8208;</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 10.0592%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag46" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 37px; width: 9.61538%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember" name="ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag7661" decimals="-3" scale="3" format="ixt:num-dot-decimal">414</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 37px; width: 1.33136%;"><br/></td>
<td style="vertical-align: bottom; padding: 0px; height: 37px; width: 0.887574%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag7361" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">44,031</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.47929%;">)</td>
</tr>
<tr style="height: 37px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 37px; width: 25.4438%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Operating income (loss) before finance income (expenses) and income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 37px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_PreviouslyStatedMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag7458" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,768,438</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 37px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 37px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 37px; width: 9.46746%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag7610" decimals="-3" scale="3" format="ixt:num-dot-decimal">344,808</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 37px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 37px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 37px; width: 9.91124%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag7474" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">78,299</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 37px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 37px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 37px; width: 10.0592%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag7664" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 37px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 37px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; padding: 0px; height: 37px; width: 9.61538%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag7450" decimals="-3" scale="3" format="ixt:num-dot-decimal">266,509</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 37px; width: 1.33136%;"><br/></td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 37px; width: 0.887574%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 37px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag7693" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,501,929</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 37px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.4438%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Financial result, net </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_PreviouslyStatedMember" name="ifrs-full:FinanceIncomeCost" unitRef="BRL" id="Tag7593" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">269,374</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.46746%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ifrs-full:FinanceIncomeCost" unitRef="BRL" id="Tag7783" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,482</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.91124%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ifrs-full:FinanceIncomeCost" unitRef="BRL" id="Tag7345" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">38,938</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 10.0592%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:FinanceIncomeCost" unitRef="BRL" id="Tag7646" decimals="-3" scale="3" format="ixt:num-dot-decimal">318,430</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 19px; width: 9.61538%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember" name="ifrs-full:FinanceIncomeCost" unitRef="BRL" id="Tag7546" decimals="-3" scale="3" format="ixt:num-dot-decimal">280,974</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.33136%;"><br/></td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; width: 0.887574%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:FinanceIncomeCost" unitRef="BRL" id="Tag7452" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">550,348</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;">)</td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 25.4438%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Profit (loss) before income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_PreviouslyStatedMember" name="ifrs-full:ProfitLossBeforeTax" unitRef="BRL" id="Tag7461" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,499,064</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 19px; width: 9.46746%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ifrs-full:ProfitLossBeforeTax" unitRef="BRL" id="Tag7533" decimals="-3" scale="3" format="ixt:num-dot-decimal">346,290</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 19px; width: 9.91124%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ifrs-full:ProfitLossBeforeTax" unitRef="BRL" id="Tag7592" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">117,237</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 19px; width: 10.0592%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:ProfitLossBeforeTax" unitRef="BRL" id="Tag7696" decimals="-3" scale="3" format="ixt:num-dot-decimal">318,430</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; padding: 0px; height: 19px; width: 9.61538%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember" name="ifrs-full:ProfitLossBeforeTax" unitRef="BRL" id="Tag48" decimals="-3" scale="3" format="ixt:num-dot-decimal">547,483</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 1.33136%;"><br/></td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 0.887574%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:ProfitLossBeforeTax" unitRef="BRL" id="Tag7466" decimals="-3" scale="3" format="ixt:num-dot-decimal">951,581</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.4438%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Income and social contribution taxes </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_PreviouslyStatedMember" name="ifrs-full:IncomeTaxExpenseContinuingOperations" unitRef="BRL" id="Tag7651" decimals="-3" scale="3" format="ixt:num-dot-decimal">571,367</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; height: 19px; width: 9.46746%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ifrs-full:IncomeTaxExpenseContinuingOperations" unitRef="BRL" id="Tag7316" decimals="-3" scale="3" format="ixt:num-dot-decimal">118,132</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; height: 19px; width: 9.91124%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ifrs-full:IncomeTaxExpenseContinuingOperations" unitRef="BRL" id="Tag7555" decimals="-3" scale="3" format="ixt:num-dot-decimal">40,453</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; height: 19px; width: 10.0592%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:IncomeTaxExpenseContinuingOperations" unitRef="BRL" id="Tag7331" decimals="-3" scale="3" format="ixt:num-dot-decimal">108,265</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; vertical-align: bottom; padding: 0px; height: 19px; width: 9.61538%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember" name="ifrs-full:IncomeTaxExpenseContinuingOperations" unitRef="BRL" id="Tag7730" decimals="-3" scale="3" format="ixt:num-dot-decimal">266,850</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.33136%;">)</td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; width: 0.887574%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:IncomeTaxExpenseContinuingOperations" unitRef="BRL" id="Tag7370" decimals="-3" scale="3" format="ixt:num-dot-decimal">304,517</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;">)</td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 25.4438%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Net income from continuing operations </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_PreviouslyStatedMember" name="ifrs-full:ProfitLossFromContinuingOperations" unitRef="BRL" id="Tag7618" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.46746%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ifrs-full:ProfitLossFromContinuingOperations" unitRef="BRL" id="Tag7732" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.91124%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ifrs-full:ProfitLossFromContinuingOperations" unitRef="BRL" id="Tag7709" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 10.0592%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:ProfitLossFromContinuingOperations" unitRef="BRL" id="Tag7481" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 9.61538%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember" name="ifrs-full:ProfitLossFromContinuingOperations" unitRef="BRL" id="Tag7571" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 1.33136%;"><br/></td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 0.887574%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:ProfitLossFromContinuingOperations" unitRef="BRL" id="Tag7319" decimals="-3" scale="3" format="ixt:num-dot-decimal">647,064</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.4438%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Net income from discontinued operations </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_PreviouslyStatedMember" name="ifrs-full:ProfitLossFromDiscontinuedOperations" unitRef="BRL" id="Tag7787" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.46746%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ifrs-full:ProfitLossFromDiscontinuedOperations" unitRef="BRL" id="Tag7438" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.91124%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ifrs-full:ProfitLossFromDiscontinuedOperations" unitRef="BRL" id="Tag7348" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 10.0592%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:ProfitLossFromDiscontinuedOperations" unitRef="BRL" id="Tag7544" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 19px; width: 9.61538%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember" name="ifrs-full:ProfitLossFromDiscontinuedOperations" unitRef="BRL" id="Tag7367" decimals="-3" scale="3" format="ixt:num-dot-decimal">280,633</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.33136%;"><br/></td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; width: 0.887574%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:ProfitLossFromDiscontinuedOperations" unitRef="BRL" id="Tag7382" decimals="-3" scale="3" format="ixt:num-dot-decimal">280,633</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 25.4438%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Profit (loss) for the year </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_PreviouslyStatedMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag7326" decimals="-3" scale="3" format="ixt:num-dot-decimal">927,697</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.46746%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag7721" decimals="-3" scale="3" format="ixt:num-dot-decimal">228,158</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.91124%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag7478" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">157,690</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 10.0592%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag7400" decimals="-3" scale="3" format="ixt:num-dot-decimal">210,165</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 9.61538%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag7499" decimals="-3" scale="3" format="ixt:num-dot-decimal">280,633</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 1.33136%;"><br/></td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 0.887574%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag7467" decimals="-3" scale="3" format="ixt:num-dot-decimal">927,697</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 28px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 28px; width: 25.4438%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">Deprecia</span><span style="font-weight: bold;">tion</span><span style="font-weight: bold;"> </span><span style="font-weight: bold;">and</span><span style="font-weight: bold;"> amortiza</span><span style="font-weight: bold;">tion for the year</span><span style="font-weight: bold;"> </span><sup><sup><sup><sup><span style="font-weight: bold; vertical-align: super;">(i)</span></sup></sup></sup></sup></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 28px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_PreviouslyStatedMember" name="ifrs-full:DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" unitRef="BRL" id="Tag7791" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,556,599</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 28px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 28px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 28px; width: 9.46746%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ifrs-full:DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" unitRef="BRL" id="Tag7430" decimals="-3" scale="3" format="ixt:num-dot-decimal">275,063</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 28px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 28px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 28px; width: 9.91124%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ifrs-full:DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" unitRef="BRL" id="Tag7745" decimals="-3" scale="3" format="ixt:num-dot-decimal">153,899</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 28px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 28px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 28px; width: 10.0592%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" unitRef="BRL" id="Tag7660" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 28px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 28px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 28px; width: 9.61538%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember" name="ifrs-full:DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" unitRef="BRL" id="Tag7676" decimals="-3" scale="3" format="ixt:num-dot-decimal">428,962</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 28px; width: 1.33136%;"><br/></td>
<td style="vertical-align: bottom; padding: 0px; height: 28px; width: 0.887574%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 28px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" unitRef="BRL" id="Tag7608" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,127,637</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 28px; width: 1.47929%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<div id="Normadiv206" style="font-family: 'times new roman', times; font-size: 10pt;">
<div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">(i) <ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote2">Balances included for complete breakdown of segment information.</ix:footnote></span></p>
</div>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 1pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="12" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Discontinued operations </span></p>
</td>
<td style="vertical-align: top;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 1pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Disclosed </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Oxiteno </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Extrafarma </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Eliminations </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: top; border-bottom: 1px solid #000000;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="vertical-align: top;"><br/></td>
<td colspan="2" style="vertical-align: top; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> <span style="color: #000000; font-family: 'times new roman', times; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Re-</span>Restated </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 1pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> (A) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom;">
<p style="margin: 2pt 2.85pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> (B) </span></p>
</td>
<td style="vertical-align: bottom;"><br/></td>
<td colspan="2" style="vertical-align: top;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> (A-B) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 1pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 29%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Net cash provided by (used in) operating activities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_PreviouslyStatedMember" name="ifrs-full:CashFlowsFromUsedInOperatingActivitiesContinuingOperations" unitRef="BRL" id="Tag7385" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,138,119</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ifrs-full:CashFlowsFromUsedInOperatingActivitiesContinuingOperations" unitRef="BRL" id="Tag7514" decimals="-3" scale="3" format="ixt:num-dot-decimal">765,090</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ifrs-full:CashFlowsFromUsedInOperatingActivitiesContinuingOperations" unitRef="BRL" id="Tag7767" decimals="-3" scale="3" format="ixt:num-dot-decimal">111,396</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:CashFlowsFromUsedInOperatingActivitiesContinuingOperations" unitRef="BRL" id="Tag7575" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">2,380</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; background-color: #cceeff; width: 10%;">
<p style="text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember" name="ifrs-full:CashFlowsFromUsedInOperatingActivitiesContinuingOperations" unitRef="BRL" id="Tag47" decimals="-3" scale="3" format="ixt:num-dot-decimal">874,106</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; background-color: #cceeff; width: 1%;"><br/></td>
<td colspan="2" style="vertical-align: top; padding: 0px; background-color: #cceeff; width: 1%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:CashFlowsFromUsedInOperatingActivitiesContinuingOperations" unitRef="BRL" id="Tag7602" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,264,013</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
</tr>
<tr style="height: 1pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Net cash used in investing activities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_PreviouslyStatedMember" name="ifrs-full:CashFlowsFromUsedInInvestingActivitiesContinuingOperations" unitRef="BRL" id="Tag7625" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">2,136,405</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">)</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ifrs-full:CashFlowsFromUsedInInvestingActivitiesContinuingOperations" unitRef="BRL" id="Tag7384" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">159,349</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">)</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ifrs-full:CashFlowsFromUsedInInvestingActivitiesContinuingOperations" unitRef="BRL" id="Tag7426" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">6,484</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">)</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:CashFlowsFromUsedInInvestingActivitiesContinuingOperations" unitRef="BRL" id="Tag7388" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">321,557</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">)</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px;">
<p style="text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember" name="ifrs-full:CashFlowsFromUsedInInvestingActivitiesContinuingOperations" unitRef="BRL" id="Tag7506" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">487,390</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px;">)</td>
<td colspan="2" style="vertical-align: top; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:CashFlowsFromUsedInInvestingActivitiesContinuingOperations" unitRef="BRL" id="Tag7690" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,649,015</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">)</td>
</tr>
<tr style="height: 1pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Net cash (used in) provided by financing activities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_PreviouslyStatedMember" name="ifrs-full:CashFlowsFromUsedInFinancingActivitiesContinuingOperations" unitRef="BRL" id="Tag7702" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">592,333</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ifrs-full:CashFlowsFromUsedInFinancingActivitiesContinuingOperations" unitRef="BRL" id="Tag51" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,236,490</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ifrs-full:CashFlowsFromUsedInFinancingActivitiesContinuingOperations" unitRef="BRL" id="Tag7633" decimals="-3" scale="3" format="ixt:num-dot-decimal">11,272</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:CashFlowsFromUsedInFinancingActivitiesContinuingOperations" unitRef="BRL" id="Tag7697" decimals="-3" scale="3" format="ixt:num-dot-decimal">305,534</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; background-color: #cceeff;">
<p style="text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember" name="ifrs-full:CashFlowsFromUsedInFinancingActivitiesContinuingOperations" unitRef="BRL" id="Tag7598" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">919,684</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; background-color: #cceeff;">)</td>
<td colspan="2" style="vertical-align: top; padding: 0px; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:CashFlowsFromUsedInFinancingActivitiesContinuingOperations" unitRef="BRL" id="Tag7594" decimals="-3" scale="3" format="ixt:num-dot-decimal">327,351</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 1pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Effect of exchange rate changes on cash and cash equivalents in foreign currency </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_PreviouslyStatedMember" name="ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents" unitRef="BRL" id="Tag7358" decimals="-3" scale="3" format="ixt:num-dot-decimal">136,734</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents" unitRef="BRL" id="Tag7568" decimals="-3" scale="3" format="ixt:num-dot-decimal">114,822</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents" unitRef="BRL" id="Tag7736" decimals="-3" scale="3" format="ixt:fixed-zero">&#8208;</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents" unitRef="BRL" id="Tag7563" decimals="-3" scale="3" format="ixt:fixed-zero">&#8208;</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; border-bottom: 1px solid #000000;">
<p style="text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember" name="ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents" unitRef="BRL" id="Tag7383" decimals="-3" scale="3" format="ixt:num-dot-decimal">114,822</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px;"><br/></td>
<td colspan="2" style="vertical-align: top; padding: 0px; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents" unitRef="BRL" id="Tag7735" decimals="-3" scale="3" format="ixt:num-dot-decimal">21,912</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 1pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Increase (decrease) in cash and cash equivalents </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_PreviouslyStatedMember" name="ugp:IncreaseDecreaseInCashAndCashEquivalentsContinuingOperations" unitRef="BRL" id="Tag7419" decimals="-3" scale="3" format="ixt:num-dot-decimal">546,115</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ugp:IncreaseDecreaseInCashAndCashEquivalentsContinuingOperations" unitRef="BRL" id="Tag7638" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">515,927</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ugp:IncreaseDecreaseInCashAndCashEquivalentsContinuingOperations" unitRef="BRL" id="Tag7707" decimals="-3" scale="3" format="ixt:num-dot-decimal">116,184</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ugp:IncreaseDecreaseInCashAndCashEquivalentsContinuingOperations" unitRef="BRL" id="Tag7645" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">18,403</ix:nonFraction>) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_DiscontinuedOperationsMember" name="ugp:IncreaseDecreaseInCashAndCashEquivalentsContinuingOperations" unitRef="BRL" id="Tag7692" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">418,146</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; background-color: #cceeff;">)</td>
<td colspan="2" style="vertical-align: top; padding: 0px; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ugp:IncreaseDecreaseInCashAndCashEquivalentsContinuingOperations" unitRef="BRL" id="Tag7353" decimals="-3" scale="3" format="ixt:num-dot-decimal">964,261</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<ix:exclude>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<div>
<div id="t_ft_LPCXCBF7O000000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-35</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements<br/></div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)&#160;</span></div>
</ix:exclude>
<div style="border-right: none; border-left: none;">
<p style="margin: 0pt; text-align: justify; margin-top: 5pt; margin-bottom: 5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">c.4</span> The results for the year and cash flows from discontinued operations as of December 31, 2019 are shown below:</span></p>
</div>
<div style="border-right: none; border-left: none;">
<table cellpadding="0" style="height: 363px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 20px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 27.044%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2019 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.13208%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="10" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 47.517%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Discontinued operations </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 1.13208%;"><br/></td>
<td style="vertical-align: top; height: 20px; width: 0.880503%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2019 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.63522%;"><br/></td>
</tr>
<tr style="height: 20px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 27.044%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Disclosed </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 1.13208%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Oxiteno </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 1.13208%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Extrafarma </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 1.13208%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Eliminations </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 1.47929%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: top; border-bottom: 1pt solid #000000; height: 20px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="vertical-align: top; border-bottom: 1pt solid #000000; height: 20px; width: 1.13208%;"><br/></td>
<td style="vertical-align: top; height: 20px; width: 0.880503%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> <span style="color: #000000; font-family: 'times new roman', times; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Re-</span>Restated </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.63522%;"><br/></td>
</tr>
<tr style="height: 20px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 27.044%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Net revenue from sales and services </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <ix:nonFraction contextRef="D20191231_PreviouslyStatedMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag7673" decimals="-3" scale="3" format="ixt:num-dot-decimal">89,297,975</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.13208%; height: 20px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;"><ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag7737" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,254,237</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.13208%; height: 20px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;"><ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag7472" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,060,569</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.13208%; height: 20px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;"> (<span style="border-left: none; border-right: none; font-weight: bold;"><ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag7572" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">21,560</ix:nonFraction> </span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 20px; background-color: #cceeff;"><span style="font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 20px; padding: 0px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;"><ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag7750" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">6,293,246</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; width: 1.13208%; height: 20px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 20px; padding: 0px; width: 0.880503%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="border-left: none; border-right: none; font-weight: bold;"> <ix:nonFraction contextRef="D20191231" name="ifrs-full:Revenue" unitRef="BRL" id="Tag7781" decimals="-3" scale="3" format="ixt:num-dot-decimal">83,004,729</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.63522%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Cost of products and services sold </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_PreviouslyStatedMember" name="ifrs-full:CostOfSales" unitRef="BRL" id="Tag7402" decimals="-3" scale="3" format="ixt:num-dot-decimal">83,187,109</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;">(<ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ifrs-full:CostOfSales" unitRef="BRL" id="Tag7769" decimals="-3" scale="3" format="ixt:num-dot-decimal"> 3,537,570 </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;">(<span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ifrs-full:CostOfSales" unitRef="BRL" id="Tag7722" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,462,313</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:CostOfSales" unitRef="BRL" id="Tag7582" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">21,560</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.47929%;">
<p><br/></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; padding: 0px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;">(<ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember" name="ifrs-full:CostOfSales" unitRef="BRL" id="Tag7482" decimals="-3" scale="3" format="ixt:num-dot-decimal"> 4,978,323 </ix:nonFraction></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 19px; width: 1.13208%;">)</td>
<td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231" name="ifrs-full:CostOfSales" unitRef="BRL" id="Tag7630" decimals="-3" scale="3" format="ixt:num-dot-decimal">78,208,786</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%;">)</td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Gross profit </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="border-left: none; border-right: none; font-weight: bold;"> <ix:nonFraction contextRef="D20191231_PreviouslyStatedMember" name="ifrs-full:GrossProfit" unitRef="BRL" id="Tag7323" decimals="-3" scale="3" format="ixt:num-dot-decimal">6,110,866</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;"><ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ifrs-full:GrossProfit" unitRef="BRL" id="Tag7513" decimals="-3" scale="3" format="ixt:num-dot-decimal">716,667</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;"><ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ifrs-full:GrossProfit" unitRef="BRL" id="Tag7415" decimals="-3" scale="3" format="ixt:num-dot-decimal">598,256</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;"><ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:GrossProfit" unitRef="BRL" id="Tag7515" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; padding: 0px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;"><ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember" name="ifrs-full:GrossProfit" unitRef="BRL" id="Tag34" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,314,923</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.13208%; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ifrs-full:GrossProfit" unitRef="BRL" id="Tag7622" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,795,943</ix:nonFraction>&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 27.044%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Operating income (expenses) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13208%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13208%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13208%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; padding: 0px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 10px; width: 1.13208%;"><br/></td>
<td style="vertical-align: bottom; height: 10px; padding: 0px; width: 0.880503%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.63522%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Selling marketing and administrative </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;">(<ix:nonFraction contextRef="D20191231_PreviouslyStatedMember" name="ifrs-full:SellingGeneralAndAdministrativeExpense" unitRef="BRL" id="Tag7417" decimals="-3" scale="3" format="ixt:num-dot-decimal"> 4,366,640 </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;">(<ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ifrs-full:SellingGeneralAndAdministrativeExpense" unitRef="BRL" id="Tag50" decimals="-3" scale="3" format="ixt:num-dot-decimal"> 737,606 </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;">(<span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ifrs-full:SellingGeneralAndAdministrativeExpense" unitRef="BRL" id="Tag7701" decimals="-3" scale="3" format="ixt:num-dot-decimal">742,599</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; <ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:SellingGeneralAndAdministrativeExpense" unitRef="BRL" id="Tag7469" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; padding: 0px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;">(<ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember" name="ifrs-full:SellingGeneralAndAdministrativeExpense" unitRef="BRL" id="Tag7784" decimals="-3" scale="3" format="ixt:num-dot-decimal"> 1,480,205 </ix:nonFraction></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.13208%; background-color: #cceeff;">)</td>
<td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;">(<ix:nonFraction contextRef="D20191231" name="ifrs-full:SellingGeneralAndAdministrativeExpense" unitRef="BRL" id="Tag7573" decimals="-3" scale="3" format="ixt:num-dot-decimal"> 2,886,435 </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Other operating income, net </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; (<ix:nonFraction contextRef="D20191231_PreviouslyStatedMember" name="ifrs-full:OtherGainsLosses" unitRef="BRL" id="Tag7742" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">443,674</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160; &#160;(<ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ifrs-full:OtherGainsLosses" unitRef="BRL" id="Tag7328" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">5,348</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;">(<span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ifrs-full:OtherGainsLosses" unitRef="BRL" id="Tag7760" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">580,055</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; <ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:OtherGainsLosses" unitRef="BRL" id="Tag7583" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; padding: 0px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;">(<ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember" name="ifrs-full:OtherGainsLosses" unitRef="BRL" id="Tag7744" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal"> 585,403 </ix:nonFraction></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 19px; width: 1.13208%;">)</td>
<td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><ix:nonFraction contextRef="D20191231" name="ifrs-full:OtherGainsLosses" unitRef="BRL" id="Tag7527" decimals="-3" scale="3" format="ixt:num-dot-decimal"> 141,729 </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%;"><br/></td>
</tr>
<tr style="height: 37px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 37px; width: 27.044%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Operating income (loss) before finance income (expenses) and share of profit (loss) of subsidiaries, joint ventures and associates </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <ix:nonFraction contextRef="D20191231_PreviouslyStatedMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates" unitRef="BRL" id="Tag7436" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,300,552</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 1.13208%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;">(<ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates" unitRef="BRL" id="Tag7746" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">26,287</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 1.13208%; background-color: #cceeff;"><span style="font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">(<ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates" unitRef="BRL" id="Tag7752" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">724,398</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 1.13208%; background-color: #cceeff;"><span style="font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; <ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates" unitRef="BRL" id="Tag7381" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 1.47929%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; padding: 0px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="border-left: none; border-right: none; font-weight: bold;">(<ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates" unitRef="BRL" id="Tag7532" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">750,685</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 37px; width: 1.13208%; background-color: #cceeff;"><span style="font-weight: bold;">)</span></td>
<td style="vertical-align: bottom; height: 37px; padding: 0px; width: 0.880503%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="border-left: none; border-right: none; font-weight: bold;"> <ix:nonFraction contextRef="D20191231" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates" unitRef="BRL" id="Tag7497" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,051,237</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.63522%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Share of profit (loss) of subsidiaries, joint ventures and associates </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; (<ix:nonFraction contextRef="D20191231_PreviouslyStatedMember" name="ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag7689" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">12,145</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag7611" decimals="-3" scale="3" format="ixt:num-dot-decimal">528</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag7720" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag7577" decimals="-3" scale="3" format="ixt:num-dot-decimal">36</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; padding: 0px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember" name="ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag7559" decimals="-3" scale="3" format="ixt:num-dot-decimal"> 564 </ix:nonFraction></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 19px; width: 1.13208%;"><br/></td>
<td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;">(<ix:nonFraction contextRef="D20191231" name="ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag7599" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal"> 12,709 </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%;">)</td>
</tr>
<tr style="height: 37px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 37px; width: 27.044%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Operating income (loss) before finance income (expenses) and income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="border-left: none; border-right: none; font-weight: bold;"> <ix:nonFraction contextRef="D20191231_PreviouslyStatedMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag7380" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,288,407</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 1.13208%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">(<ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag7615" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">25,759</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 1.13208%; background-color: #cceeff;"><span style="font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="border-left: none; border-right: none; font-weight: bold;">(<ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag7521" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">724,398</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 1.13208%; background-color: #cceeff;"><span style="font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag7321" decimals="-3" scale="3" format="ixt:num-dot-decimal">36</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 1.47929%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; padding: 0px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="border-left: none; border-right: none; font-weight: bold;">(<ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag7601" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">750,121</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 37px; width: 1.13208%; background-color: #cceeff;"><span style="font-weight: bold;">)</span></td>
<td style="vertical-align: bottom; height: 37px; padding: 0px; width: 0.880503%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <ix:nonFraction contextRef="D20191231" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag7662" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,038,528</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.63522%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Financial result, net </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_PreviouslyStatedMember" name="ifrs-full:FinanceIncomeCost" unitRef="BRL" id="Tag7510" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">506,854</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ifrs-full:FinanceIncomeCost" unitRef="BRL" id="Tag7619" decimals="-3" scale="3" format="ixt:num-dot-decimal"> 14,464 </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">(<ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ifrs-full:FinanceIncomeCost" unitRef="BRL" id="Tag7512" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">32,451</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; (<ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:FinanceIncomeCost" unitRef="BRL" id="Tag7717" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">184,484</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; padding: 0px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember" name="ifrs-full:FinanceIncomeCost" unitRef="BRL" id="Tag7378" decimals="-3" scale="3" format="ixt:num-dot-decimal">166,497</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 19px; width: 1.13208%;"><br/></td>
<td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;">(<ix:nonFraction contextRef="D20191231" name="ifrs-full:FinanceIncomeCost" unitRef="BRL" id="Tag7612" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal"> 673,351 </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%;">)</td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Profit (loss) before income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;"> <ix:nonFraction contextRef="D20191231_PreviouslyStatedMember" name="ifrs-full:ProfitLossBeforeTax" unitRef="BRL" id="Tag5825" decimals="-3" scale="3" format="ixt:num-dot-decimal">781,553</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;">(<ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ifrs-full:ProfitLossBeforeTax" unitRef="BRL" id="Tag7779" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">11,295</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%; background-color: #cceeff;"><span style="font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">(<ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ifrs-full:ProfitLossBeforeTax" unitRef="BRL" id="Tag45" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">756,849</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%; background-color: #cceeff;"><span style="font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;"><ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:ProfitLossBeforeTax" unitRef="BRL" id="Tag7589" decimals="-3" scale="3" format="ixt:num-dot-decimal">184,520</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.47929%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; padding: 0px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">(<ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember" name="ifrs-full:ProfitLossBeforeTax" unitRef="BRL" id="Tag7655" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">583,624</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 19px; width: 1.13208%; background-color: #cceeff;"><span style="font-weight: bold;">)</span></td>
<td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="border-left: none; border-right: none; font-weight: bold;"> <ix:nonFraction contextRef="D20191231" name="ifrs-full:ProfitLossBeforeTax" unitRef="BRL" id="Tag7698" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,365,177</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<ix:nonFraction contextRef="D20191231_PreviouslyStatedMember" name="ifrs-full:IncomeTaxExpenseContinuingOperations" unitRef="BRL" id="Tag7355" decimals="-3" scale="3" format="ixt:num-dot-decimal">378,609</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%;"><span style="font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;"><ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ifrs-full:IncomeTaxExpenseContinuingOperations" unitRef="BRL" id="Tag7349" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">35,191</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;"><ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ifrs-full:IncomeTaxExpenseContinuingOperations" unitRef="BRL" id="Tag7313" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">118,901</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;">(</span><span style="border-left: none; border-right: none; font-weight: bold;"><ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:IncomeTaxExpenseContinuingOperations" unitRef="BRL" id="Tag7441" decimals="-3" scale="3" format="ixt:num-dot-decimal">62,725</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"><span style="font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; padding: 0px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;"><ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember" name="ifrs-full:IncomeTaxExpenseContinuingOperations" unitRef="BRL" id="Tag7337" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">91,367</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.13208%;"><br/></td>
<td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="border-left: none; border-right: none; font-weight: bold;">(<ix:nonFraction contextRef="D20191231" name="ifrs-full:IncomeTaxExpenseContinuingOperations" unitRef="BRL" id="Tag7548" decimals="-3" scale="3" format="ixt:num-dot-decimal">469,976</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%;"><span style="font-weight: bold;">)</span></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Net income from continuing operations </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><ix:nonFraction contextRef="D20191231_PreviouslyStatedMember" name="ifrs-full:ProfitLossFromContinuingOperations" unitRef="BRL" id="Tag7674" decimals="-3" scale="3" format="ixt:num-dot-decimal"> 402,944 </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ifrs-full:ProfitLossFromContinuingOperations" unitRef="BRL" id="Tag7480" decimals="-3" scale="3" format="ixt:num-dot-decimal"> 23,896 </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">
<p style="margin: 2pt 0pt 0pt; text-align: right; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">(<ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ifrs-full:ProfitLossFromContinuingOperations" unitRef="BRL" id="Tag7408" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal"> 637,948 </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;"><span style="font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:ProfitLossFromContinuingOperations" unitRef="BRL" id="Tag7586" decimals="-3" scale="3" format="ixt:num-dot-decimal">121,795</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; padding: 0px; width: 9.81132%; background-color: #cceeff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;">(</span><ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember" name="ifrs-full:ProfitLossFromContinuingOperations" unitRef="BRL" id="Tag7790" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal"> 492,257 </ix:nonFraction></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.13208%; background-color: #cceeff;"><span style="font-weight: bold;">)</span></td>
<td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><ix:nonFraction contextRef="D20191231" name="ifrs-full:ProfitLossFromContinuingOperations" unitRef="BRL" id="Tag49" decimals="-3" scale="3" format="ixt:num-dot-decimal"> 895,201 </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Net income from discontinued operations </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><ix:nonFraction contextRef="D20191231_PreviouslyStatedMember" name="ifrs-full:ProfitLossFromDiscontinuedOperations" unitRef="BRL" id="Tag7534" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 19px; width: 1.13208%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">(<ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ifrs-full:ProfitLossFromDiscontinuedOperations" unitRef="BRL" id="Tag7339" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">23,896</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 19px; width: 1.13208%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ifrs-full:ProfitLossFromDiscontinuedOperations" unitRef="BRL" id="Tag7643" decimals="-3" scale="3" format="ixt:num-dot-decimal">637,948</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 19px; width: 1.13208%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">(<ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:ProfitLossFromDiscontinuedOperations" unitRef="BRL" id="Tag7747" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">121,795</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 19px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; padding: 0px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember" name="ifrs-full:ProfitLossFromDiscontinuedOperations" unitRef="BRL" id="Tag7347" decimals="-3" scale="3" format="ixt:num-dot-decimal">492,257</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1pt solid #000000; padding: 0px; height: 19px; width: 1.13208%;"><br/></td>
<td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;">(<ix:nonFraction contextRef="D20191231" name="ifrs-full:ProfitLossFromDiscontinuedOperations" unitRef="BRL" id="Tag7578" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal"> 492,257 </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%;">)</td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Profit (loss) for the year </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"> <ix:nonFraction contextRef="D20191231_PreviouslyStatedMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag7503" decimals="-3" scale="3" format="ixt:num-dot-decimal">402,944</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; <ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag7536" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;"><ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag7723" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; <ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag7672" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; padding: 0px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;"><ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag7433" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.13208%; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="border-left: none; border-right: none; font-weight: bold;"> <ix:nonFraction contextRef="D20191231" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag7374" decimals="-3" scale="3" format="ixt:num-dot-decimal">402,944</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 27.044%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">Depreciation and amortization for the year <span style="font-size: 8pt;"><sup>(1)</sup></span>&#160;</span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;"> <ix:nonFraction contextRef="D20191231_PreviouslyStatedMember" name="ifrs-full:DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" unitRef="BRL" id="Tag7547" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,499,955</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13208%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&#160;&#160;<ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ifrs-full:DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" unitRef="BRL" id="Tag7669" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">222,004</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13208%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;"><ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ifrs-full:DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" unitRef="BRL" id="Tag7342" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">154,324</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13208%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; <ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" unitRef="BRL" id="Tag7476" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; padding: 0px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember" name="ifrs-full:DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" unitRef="BRL" id="Tag36" decimals="-3" scale="3" format="ixt:num-dot-decimal">376,328</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 10px; width: 1.13208%;"><br/></td>
<td style="vertical-align: bottom; height: 10px; padding: 0px; width: 0.880503%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="border-left: none; border-right: none; font-weight: bold;"> <ix:nonFraction contextRef="D20191231" name="ifrs-full:DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" unitRef="BRL" id="Tag5830" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,123,627</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.63522%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<div style="border-right: none; border-left: none;">
<div id="Normadiv207" style="font-family: 'times new roman', times; font-size: 10pt;">
<div>
<p style="margin: 0pt; text-align: justify; margin-top: 5pt; margin-bottom: 5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">(i) Balances included for complete breakdown of segment information.</span></p>
</div>
</div>
</div>
<div style="border-right: none; border-left: none;">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 116px;" width="100%">
<tbody>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.8876%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2019 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="12" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 50.5293%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Discontinued operations </span></p>
</td>
<td style="vertical-align: top; height: 19px; width: 0.887574%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2019 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.8876%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Disclosed </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom-width: 1px; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.46746%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Oxiteno </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom-width: 1px; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Extrafarma </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom-width: 1px; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 11.2426%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Eliminations </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom-width: 1px; height: 19px; width: 1.47929%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: top; border-bottom: 1px solid #000000; height: 19px; width: 9.91124%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="vertical-align: top; border-bottom: 1px solid #000000; height: 19px; width: 0.887574%;"><br/></td>
<td colspan="2" style="vertical-align: top; border-bottom-width: 1px; height: 19px; width: 0.973095%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> <span style="color: #000000; font-family: 'times new roman', times; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Re-</span>Restated </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.8876%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> (A) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 9.46746%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 11.2426%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.47929%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; width: 9.91124%;">
<p style="margin: 2pt 2.85pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> (B) </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; width: 0.887574%;"><br/></td>
<td colspan="2" style="vertical-align: top; height: 19px; width: 0.973095%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> (A-B) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 25.8876%; height: 10px; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Net cash provided by (used in) operating activities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 9.76331%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_PreviouslyStatedMember" name="ifrs-full:CashFlowsFromUsedInOperatingActivitiesContinuingOperations" unitRef="BRL" id="Tag7475" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,924,852</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.33136%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.77515%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 9.46746%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ifrs-full:CashFlowsFromUsedInOperatingActivitiesContinuingOperations" unitRef="BRL" id="Tag7422" decimals="-3" scale="3" format="ixt:num-dot-decimal">486,276</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.33136%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.77515%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 9.76331%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ifrs-full:CashFlowsFromUsedInOperatingActivitiesContinuingOperations" unitRef="BRL" id="Tag37" decimals="-3" scale="3" format="ixt:num-dot-decimal">23,282</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.33136%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.77515%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.2426%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:CashFlowsFromUsedInOperatingActivitiesContinuingOperations" unitRef="BRL" id="Tag7609" decimals="-3" scale="3" format="ixt:num-dot-decimal">42,910</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; width: 9.91124%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember" name="ifrs-full:CashFlowsFromUsedInOperatingActivitiesContinuingOperations" unitRef="BRL" id="Tag7395" decimals="-3" scale="3" format="ixt:num-dot-decimal">552,468</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; width: 0.887574%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="vertical-align: top; padding: 0px; width: 0.973095%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 9.76331%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ifrs-full:CashFlowsFromUsedInOperatingActivitiesContinuingOperations" unitRef="BRL" id="Tag7626" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,372,384</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.8876%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Net cash used in investing activities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 9.76331%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;">(<ix:nonFraction contextRef="D20191231_PreviouslyStatedMember" name="ifrs-full:CashFlowsFromUsedInInvestingActivitiesContinuingOperations" unitRef="BRL" id="Tag7364" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,835,261</ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 1.33136%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 1.77515%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 9.46746%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ifrs-full:CashFlowsFromUsedInInvestingActivitiesContinuingOperations" unitRef="BRL" id="Tag7369" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">882,894</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 1.33136%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 1.77515%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 9.76331%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ifrs-full:CashFlowsFromUsedInInvestingActivitiesContinuingOperations" unitRef="BRL" id="Tag35" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">122,462</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 1.33136%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 1.77515%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 11.2426%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:CashFlowsFromUsedInInvestingActivitiesContinuingOperations" unitRef="BRL" id="Tag7357" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,433</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 1.47929%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; margin: 0px; text-indent: 0px; width: 9.91124%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember" name="ifrs-full:CashFlowsFromUsedInInvestingActivitiesContinuingOperations" unitRef="BRL" id="Tag7649" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">995,923</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; margin: 0px; text-indent: 0px; width: 0.887574%;">)</td>
<td colspan="2" style="vertical-align: top; padding: 0px; height: 19px; margin: 0px; text-indent: 0px; width: 0.973095%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 9.76331%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231" name="ifrs-full:CashFlowsFromUsedInInvestingActivitiesContinuingOperations" unitRef="BRL" id="Tag7657" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">839,338</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 1.47929%;">)</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 25.8876%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <b style="mso-bidi-font-weight: normal;"><span style="color: #000000;">Net cash (used in) provided by financing activities</span></b> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.76331%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_PreviouslyStatedMember" name="ifrs-full:CashFlowsFromUsedInFinancingActivitiesContinuingOperations" unitRef="BRL" id="Tag7508" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">2,922,229</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.33136%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.77515%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.46746%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ifrs-full:CashFlowsFromUsedInFinancingActivitiesContinuingOperations" unitRef="BRL" id="Tag7580" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">375,258</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.33136%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.77515%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.76331%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ifrs-full:CashFlowsFromUsedInFinancingActivitiesContinuingOperations" unitRef="BRL" id="Tag7432" decimals="-3" scale="3" format="ixt:num-dot-decimal">125,852</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.77515%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 11.2426%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:CashFlowsFromUsedInFinancingActivitiesContinuingOperations" unitRef="BRL" id="Tag7344" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,499</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.47929%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.91124%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember" name="ifrs-full:CashFlowsFromUsedInFinancingActivitiesContinuingOperations" unitRef="BRL" id="Tag7479" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">241,907</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 0.887574%;">)</td>
<td colspan="2" style="vertical-align: top; padding: 0px; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 0.973095%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.76331%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231" name="ifrs-full:CashFlowsFromUsedInFinancingActivitiesContinuingOperations" unitRef="BRL" id="Tag7468" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">2,680,322</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.47929%;">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 25.8876%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Effect of exchange rate changes on cash and cash equivalents in foreign currency </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 9.76331%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_PreviouslyStatedMember" name="ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents" unitRef="BRL" id="Tag7363" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,066</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 10px; margin: 0px; text-indent: 0px; width: 1.77515%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 9.46746%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents" unitRef="BRL" id="Tag7793" decimals="-3" scale="3" format="ixt:num-dot-decimal">30,871</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 10px; margin: 0px; text-indent: 0px; width: 1.77515%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 9.76331%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents" unitRef="BRL" id="Tag7505" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 10px; margin: 0px; text-indent: 0px; width: 1.77515%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 11.2426%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents" unitRef="BRL" id="Tag7504" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 10px; margin: 0px; text-indent: 0px; width: 1.47929%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 10px; margin: 0px; text-indent: 0px; width: 9.91124%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember" name="ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents" unitRef="BRL" id="Tag7635" decimals="-3" scale="3" format="ixt:num-dot-decimal">30,871</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 10px; margin: 0px; text-indent: 0px; width: 0.887574%;"><br/></td>
<td colspan="2" style="vertical-align: top; padding: 0px; border-bottom-width: 1px; height: 10px; margin: 0px; text-indent: 0px; width: 0.973095%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 9.76331%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231" name="ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents" unitRef="BRL" id="Tag7412" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">21,805</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 1.47929%;">)</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 25.8876%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Increase (decrease) in cash and cash equivalents </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.76331%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_PreviouslyStatedMember" name="ugp:IncreaseDecreaseInCashAndCashEquivalentsContinuingOperations" unitRef="BRL" id="Tag7459" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,823,572</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.33136%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.77515%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.46746%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember" name="ugp:IncreaseDecreaseInCashAndCashEquivalentsContinuingOperations" unitRef="BRL" id="Tag7338" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">741,005</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.33136%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.77515%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.76331%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_ExtrafarmaMember" name="ugp:IncreaseDecreaseInCashAndCashEquivalentsContinuingOperations" unitRef="BRL" id="Tag7442" decimals="-3" scale="3" format="ixt:num-dot-decimal">26,672</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.77515%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 11.2426%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember" name="ugp:IncreaseDecreaseInCashAndCashEquivalentsContinuingOperations" unitRef="BRL" id="Tag7444" decimals="-3" scale="3" format="ixt:num-dot-decimal">59,842</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.47929%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 2.8pt double #000000; padding: 0px; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.91124%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_DiscontinuedOperationsMember" name="ugp:IncreaseDecreaseInCashAndCashEquivalentsContinuingOperations" unitRef="BRL" id="Tag7359" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">654,491</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 2.8pt double #000000; padding: 0px; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 0.887574%;">)</td>
<td colspan="2" style="vertical-align: top; padding: 0px; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 0.973095%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.76331%;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231" name="ugp:IncreaseDecreaseInCashAndCashEquivalentsContinuingOperations" unitRef="BRL" id="Tag7590" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,169,081</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.47929%;">)</td>
</tr>
</tbody>
</table>
</div>
</ix:nonNumeric>
</div>
</div>
<p style="margin: 0pt; text-align: justify; margin-top: 5pt; margin-bottom: 5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">c.3.1</span>&#160;Share of profit (loss) of investees Oxiteno and Extrafarma, net of related parties, were re-present as discontinued operations in the total amount of R$ (<ix:nonFraction contextRef="D20191231" name="ifrs-full:ProfitLossFromDiscontinuedOperations" unitRef="BRL" id="Tag7425" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">492,257</ix:nonFraction>) in the statement of profit or loss for the year 2019, as per Notes 3.c.3 and 13.a.&#160;&#160;</span></p>
</ix:nonNumeric>
<div>
<div id="t_ft_UPMNBB82KG00000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-36</span></td>
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</table>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
</div><div id="Normadiv210" style="font-family: 'times new roman', times; font-size: 10pt;">
<p style="margin: 0cm 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', 'serif';"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</span></p>
<p style="margin: 0cm 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', 'serif'; margin-top: 6pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Notes to the Consolidated Financial Statements</span></p>
<p style="margin: 0cm 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', 'serif'; margin-top: 6pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><i><span>(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></i></span></p>
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<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">4</span><span style="font-family: 'Times New Roman'; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-weight: bold;">Principles of </span><span style="font-family: 'Times New Roman'; font-weight: bold;">c</span><span style="font-family: 'Times New Roman'; font-weight: bold;">onsolidation</span><span style="font-family: 'Times New Roman'; font-weight: bold;"> and</span><span style="font-family: 'Times New Roman'; font-weight: bold;"> </span><span style="font-family: 'Times New Roman'; font-weight: bold;">i</span><span style="font-family: 'Times New Roman'; font-weight: bold;">nvestments in </span><span style="font-family: 'Times New Roman'; font-weight: bold;">s</span><span style="font-family: 'Times New Roman'; font-weight: bold;">ubsidiaries </span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">a. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Principles of </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">c</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">onsolidation</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">In the preparation of the consolidated </span><span style="font-family: 'Times New Roman';">financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">the </span><span style="font-family: 'Times New Roman';">i</span><span style="font-family: 'Times New Roman';">nvestments of one company in another, balances of asset and liability accounts</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> revenues </span><span style="font-family: 'Times New Roman';">transactions, costs </span><span style="font-family: 'Times New Roman';">and expenses were eliminated, as well as the effects of transactions conducted between the companies. Non-controlling interests in subsidiaries are presented within consolidated equity and net income.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Consolidation of a subsidiary begins when the&#160;</span><span style="font-family: 'Times New Roman';">Company obtains direct or indirect control over a entity</span><span style="font-family: 'Times New Roman';">&#160;and ceases when the</span><span style="font-family: 'Times New Roman';">&#160;company loses control. Income and expenses of a subsidiary acquired are included in the consolidated </span><span style="font-family: 'Times New Roman';">statement of</span><span style="font-family: 'Times New Roman';"> profit or </span><span style="font-family: 'Times New Roman';">loss and</span><span style="font-family: 'Times New Roman';"> comprehe</span><span style="font-family: 'Times New Roman';">nsive income from the date the C</span><span style="font-family: 'Times New Roman';">ompany gains the control. Income and expenses of a subsidiary</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">in </span><span style="font-family: 'Times New Roman';">which </span><span style="font-family: 'Times New Roman';">the p</span><span style="font-family: 'Times New Roman';">arent&#160;Company loses control,</span><span style="font-family: 'Times New Roman';"> are included in the consolidated </span><span style="font-family: 'Times New Roman';">statement of</span><span style="font-family: 'Times New Roman';"> profit or </span><span style="font-family: 'Times New Roman';">loss and</span><span style="font-family: 'Times New Roman';"> comprehen</span><span style="font-family: 'Times New Roman';">sive income until the date the C</span><span style="font-family: 'Times New Roman';">ompany loses control. </span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">When </span><span style="font-family: 'Times New Roman';">necessary</span><span style="font-family: 'Times New Roman';"> adjustments are made to the </span><span style="font-family: 'Times New Roman';">financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">of </span><span style="font-family: 'Times New Roman';">subsidiaries to bring their accounting policies into line with the Company&#8217;s accounting policies.</span></span></p>
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-37</span></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 0cm 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', 'serif'; margin-top: 6pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</span></p>
<p style="margin: 0cm 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', 'serif'; margin-top: 6pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Notes to the Consolidated Financial Statements</span></p>
<p style="margin: 6pt 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', 'serif';"><span style="font-family: 'times new roman', times; font-size: 10pt;"><i><span>(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></i></span></p>
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<p style="margin: 0pt; text-align: justify; font-family: 'Times New Roman'; font-size: 5pt;"><span style="font-family: 'Times New Roman'; font-size: 5pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">b. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Investments in </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">s</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ubsidiaries</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"> </span></span></p>
<p style="margin: 0pt; text-align: justify; font-family: 'Times New Roman'; font-size: 5pt;"><span style="font-family: 'Times New Roman'; font-size: 5pt;">&#160;</span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The consolidated </span><span style="font-family: 'Times New Roman';">financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">include the following direct and indirect subsidiaries:</span></span></p>
<p style="margin: 0pt; text-align: justify; font-family: 'Times New Roman'; font-size: 5pt;"><span style="font-family: 'Times New Roman'; font-size: 5pt;">&#160;</span></p>
<div style="border-left: none; border-right: none;">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 478px;" width="100%">
<tbody>
<tr style="height: 10px; background-color: #ffffff;">
<td colspan="2" style="vertical-align: bottom; background-color: #ffffff; height: 10px; width: 52.9352%; padding: 0px; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #ffffff; height: 10px; width: 7.99595%; padding: 0px; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #ffffff; height: 10px; width: 0.506073%; padding: 0px; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="11" style="border-bottom: 1px solid #000000; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 40.9317%; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> % interest in the share </span></p>
</td>
</tr>
<tr style="height: 10px;">
<td colspan="2" style="vertical-align: bottom; height: 10px; width: 52.9352%; padding: 0px; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 7.99595%; padding: 0px; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%; padding: 0px; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="3" style="border-bottom: 1px solid #000000; border-top: 1pt solid #000000; vertical-align: bottom; height: 10px; width: 12.9555%; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="border-top: 1pt solid #000000; vertical-align: bottom; height: 10px; width: 0.506073%; padding: 0px; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="3" style="border-bottom: 1px solid #000000; border-top: 1pt solid #000000; vertical-align: bottom; height: 10px; width: 13.4314%; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 0.506073%; padding: 0px; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="3" style="border-bottom: 1px solid #000000; vertical-align: top; height: 10px; width: 13.5326%; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2019 </span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #ffffff;">
<td style="vertical-align: bottom; background-color: #ffffff; height: 10px; width: 40.8907%; padding: 0px; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #ffffff; height: 10px; width: 12.0445%; padding: 0px; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #ffffff; height: 10px; width: 7.99595%; padding: 0px; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #ffffff; height: 10px; width: 0.506073%; padding: 0px; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="3" style="border-bottom: 1px solid #000000; border-top: 0.5pt solid #000000; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 12.9555%; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Control </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 0.506073%; padding: 0px; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="3" style="border-bottom: 1px solid #000000; border-top: 0.5pt solid #000000; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 13.4314%; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Control </span></p>
</td>
<td style="vertical-align: top; background-color: #ffffff; height: 10px; width: 0.506073%; padding: 0px; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="3" style="vertical-align: top; background-color: #ffffff; height: 10px; width: 13.5326%; border-top: 1pt solid #000000; border-bottom: 1px solid #000000; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Control </span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: bottom; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Location </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Segment </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Direct </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Indirect </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Direct </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Indirect </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; vertical-align: top; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Direct </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; vertical-align: top; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; vertical-align: top; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Indirect </span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff; width: 40.8907%; height: 10px;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20201231_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:NameOfSubsidiary" id="Tag7848" escape="true"><ix:nonNumeric contextRef="D20211231_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:NameOfSubsidiary" id="Tag971" escape="true">Ipiranga Produtos de Petr&#243;leo S.A.</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; width: 12.0445%; height: 10px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:PrincipalPlaceOfBusinessOfSubsidiary" id="Tag1534" escape="true">Brazil</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; width: 7.99595%; height: 10px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_IpirangaProdutosdePetroleoSAMember" name="ugp:BusinessSegment" id="Tag6213" escape="true">Ipiranga</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; width: 0.506073%; height: 10px;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; width: 5.97166%; height: 10px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20211231_IpirangaProdutosdePetroleoSAMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1231" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; width: 1.01215%; height: 10px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; width: 5.97166%; height: 10px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20211231_IpirangaProdutosdePetroleoSAMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag4807" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; width: 0.506073%; height: 10px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; width: 5.97166%; height: 10px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20201231_IpirangaProdutosdePetroleoSAMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag6211" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 10px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; width: 5.97166%; height: 10px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20201231_IpirangaProdutosdePetroleoSAMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1375" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; width: 0.506073%; height: 10px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; width: 5.97166%; height: 10px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20191231_IpirangaProdutosdePetroleoSAMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag6210" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; width: 1.4881%; height: 10px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; width: 6.07287%; height: 10px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20191231_IpirangaProdutosdePetroleoSAMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1396" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: bottom; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"> &#160;&#160;&#160;&#160; <ix:nonNumeric contextRef="D20201231_AmPmComestveisLtdaMember" name="ifrs-full:NameOfSubsidiary" id="Tag7849" escape="true"><ix:nonNumeric contextRef="D20211231_AmPmComestveisLtdaMember" name="ifrs-full:NameOfSubsidiary" id="Tag1376" escape="true">am/pm Comest&#237;veis Ltda.</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_AmPmComestveisLtdaMember" name="ifrs-full:PrincipalPlaceOfBusinessOfSubsidiary" id="Tag1545" escape="true">Brazil</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_AmPmComestveisLtdaMember" name="ugp:BusinessSegment" id="Tag1312" escape="true">Ipiranga</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20211231_AmPmComestveisLtdaMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1355" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20211231_AmPmComestveisLtdaMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1337" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20201231_AmPmComestveisLtdaMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1136" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20201231_AmPmComestveisLtdaMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1119" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20191231_AmPmComestveisLtdaMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1255" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20191231_AmPmComestveisLtdaMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1300" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"> &#160;&#160;&#160;&#160; <ix:nonNumeric contextRef="D20201231_IcorbanCorrespondenteBancarioLtdaMember" name="ifrs-full:NameOfSubsidiary" id="Tag7850" escape="true"><ix:nonNumeric contextRef="D20211231_IcorbanCorrespondenteBancarioLtdaMember" name="ifrs-full:NameOfSubsidiary" id="Tag1335" escape="true">Icorban &#8211; Correspondente Banc&#225;rio Ltda.</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_IcorbanCorrespondenteBancarioLtdaMember" name="ifrs-full:PrincipalPlaceOfBusinessOfSubsidiary" id="Tag1559" escape="true">Brazil</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_IcorbanCorrespondenteBancarioLtdaMember" name="ugp:BusinessSegment" id="Tag1112" escape="true">Ipiranga</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20211231_IcorbanCorrespondenteBancarioLtdaMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1117" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20211231_IcorbanCorrespondenteBancarioLtdaMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag973" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20201231_IcorbanCorrespondenteBancarioLtdaMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1226" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20201231_IcorbanCorrespondenteBancarioLtdaMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1533" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20191231_IcorbanCorrespondenteBancarioLtdaMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1296" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20191231_IcorbanCorrespondenteBancarioLtdaMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1339" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 11px;">
<td style="vertical-align: bottom; height: 11px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"> &#160;&#160;&#160;&#160; <ix:nonNumeric contextRef="D20201231_IpirangaTradingLimitedMember" name="ifrs-full:NameOfSubsidiary" id="Tag7851" escape="true"><ix:nonNumeric contextRef="D20211231_IpirangaTradingLimitedMember" name="ifrs-full:NameOfSubsidiary" id="Tag1200" escape="true">Ipiranga Trading Limited</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 11px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_IpirangaTradingLimitedMember" name="ifrs-full:PrincipalPlaceOfBusinessOfSubsidiary" id="Tag1527" escape="true">British Virgin Islands</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 11px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_IpirangaTradingLimitedMember" name="ugp:BusinessSegment" id="Tag1236" escape="true">Ipiranga</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 11px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 11px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20211231_IpirangaTradingLimitedMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1329" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; height: 11px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 11px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20211231_IpirangaTradingLimitedMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1278" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; height: 11px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 11px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20201231_IpirangaTradingLimitedMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1259" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; height: 11px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 11px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20201231_IpirangaTradingLimitedMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1298" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; height: 11px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 11px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20191231_IpirangaTradingLimitedMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1336" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: top; height: 11px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 11px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20191231_IpirangaTradingLimitedMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1323" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"> &#160;&#160;&#160;&#160; <ix:nonNumeric contextRef="D20201231_TropicalTransportesIpirangaLtdaMember" name="ifrs-full:NameOfSubsidiary" id="Tag7852" escape="true"><ix:nonNumeric contextRef="D20211231_TropicalTransportesIpirangaLtdaMember" name="ifrs-full:NameOfSubsidiary" id="Tag1268" escape="true">Tropical Transportes Ipiranga Ltda.</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_TropicalTransportesIpirangaLtdaMember" name="ifrs-full:PrincipalPlaceOfBusinessOfSubsidiary" id="Tag1179" escape="true">Brazil</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_TropicalTransportesIpirangaLtdaMember" name="ugp:BusinessSegment" id="Tag1313" escape="true">Ipiranga</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20211231_TropicalTransportesIpirangaLtdaMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1543" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20211231_TropicalTransportesIpirangaLtdaMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1547" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20201231_TropicalTransportesIpirangaLtdaMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1536" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20201231_TropicalTransportesIpirangaLtdaMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1407" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20191231_TropicalTransportesIpirangaLtdaMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag6209" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20191231_TropicalTransportesIpirangaLtdaMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1318" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: bottom; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"> &#160;&#160;&#160;&#160; <ix:nonNumeric contextRef="D20201231_IpirangaImobiliriaLtdaMember" name="ifrs-full:NameOfSubsidiary" id="Tag7853" escape="true"><ix:nonNumeric contextRef="D20211231_IpirangaImobiliriaLtdaMember" name="ifrs-full:NameOfSubsidiary" id="Tag7306" escape="true">Ipiranga Imobili&#225;ria Ltda.</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_IpirangaImobiliriaLtdaMember" name="ifrs-full:PrincipalPlaceOfBusinessOfSubsidiary" id="Tag1586" escape="true">Brazil</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_IpirangaImobiliriaLtdaMember" name="ugp:BusinessSegment" id="Tag1392" escape="true">Ipiranga</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20211231_IpirangaImobiliriaLtdaMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1521" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20211231_IpirangaImobiliriaLtdaMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1320" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20201231_IpirangaImobiliriaLtdaMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1203" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20201231_IpirangaImobiliriaLtdaMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1321" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20191231_IpirangaImobiliriaLtdaMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1387" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20191231_IpirangaImobiliriaLtdaMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1544" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"> &#160;&#160;&#160;&#160; <ix:nonNumeric contextRef="D20201231_IpirangaLogsticaLtdaMember" name="ifrs-full:NameOfSubsidiary" id="Tag7854" escape="true"><ix:nonNumeric contextRef="D20211231_IpirangaLogsticaLtdaMember" name="ifrs-full:NameOfSubsidiary" id="Tag1184" escape="true">Ipiranga Log&#237;stica Ltda.</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_IpirangaLogsticaLtdaMember" name="ifrs-full:PrincipalPlaceOfBusinessOfSubsidiary" id="Tag1584" escape="true">Brazil</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_IpirangaLogsticaLtdaMember" name="ugp:BusinessSegment" id="Tag1309" escape="true">Ipiranga</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20211231_IpirangaLogsticaLtdaMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1301" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20211231_IpirangaLogsticaLtdaMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1211" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20201231_IpirangaLogsticaLtdaMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1405" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20201231_IpirangaLogsticaLtdaMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1579" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20191231_IpirangaLogsticaLtdaMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1166" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20191231_IpirangaLogsticaLtdaMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1242" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: bottom; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"> &#160;&#160;&#160;&#160; <ix:nonNumeric contextRef="D20201231_OilTradingImportadoraExportadoraLtdaMember" name="ifrs-full:NameOfSubsidiary" id="Tag7866" escape="true"><ix:nonNumeric contextRef="D20211231_OilTradingImportadoraExportadoraLtdaMember" name="ifrs-full:NameOfSubsidiary" id="Tag1531" escape="true">Oil Trading Importadora e Exportadora Ltda.</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_OilTradingImportadoraExportadoraLtdaMember" name="ifrs-full:PrincipalPlaceOfBusinessOfSubsidiary" id="Tag6212" escape="true">Brazil</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_OilTradingImportadoraExportadoraLtdaMember" name="ugp:BusinessSegment" id="Tag1366" escape="true">Ipiranga</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20211231_OilTradingImportadoraExportadoraLtdaMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1353" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20211231_OilTradingImportadoraExportadoraLtdaMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1394" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20201231_OilTradingImportadoraExportadoraLtdaMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1176" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20201231_OilTradingImportadoraExportadoraLtdaMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1207" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20191231_OilTradingImportadoraExportadoraLtdaMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1111" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20191231_OilTradingImportadoraExportadoraLtdaMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1202" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"> &#160;&#160;&#160;&#160; <ix:nonNumeric contextRef="D20201231_IconicLubrificantesSAMember" name="ifrs-full:NameOfSubsidiary" id="Tag7865" escape="true"><ix:nonNumeric contextRef="D20211231_IconicLubrificantesSAMember" name="ifrs-full:NameOfSubsidiary" id="Tag1292" escape="true">Iconic Lubrificantes S.A.</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_IconicLubrificantesSAMember" name="ifrs-full:PrincipalPlaceOfBusinessOfSubsidiary" id="Tag1542" escape="true">Brazil</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_IconicLubrificantesSAMember" name="ugp:BusinessSegment" id="Tag1124" escape="true">Ipiranga</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20211231_IconicLubrificantesSAMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1388" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20211231_IconicLubrificantesSAMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1146" decimals="2" scale="-2" format="ixt:num-dot-decimal">56</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20201231_IconicLubrificantesSAMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1235" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20201231_IconicLubrificantesSAMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1525" decimals="2" scale="-2" format="ixt:num-dot-decimal">56</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20191231_IconicLubrificantesSAMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1350" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20191231_IconicLubrificantesSAMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1570" decimals="2" scale="-2" format="ixt:num-dot-decimal">56</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: bottom; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"> &#160;&#160;&#160;&#160; <ix:nonNumeric contextRef="D20201231_IntegraFrotasLtdaMember" name="ifrs-full:NameOfSubsidiary" id="Tag7864" escape="true"><ix:nonNumeric contextRef="D20211231_IntegraFrotasLtdaMember" name="ifrs-full:NameOfSubsidiary" id="Tag1560" escape="true">Integra Frotas Ltda.</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_IntegraFrotasLtdaMember" name="ifrs-full:PrincipalPlaceOfBusinessOfSubsidiary" id="Tag1315" escape="true">Brazil</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_IntegraFrotasLtdaMember" name="ugp:BusinessSegment" id="Tag1173" escape="true">Ipiranga</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20211231_IntegraFrotasLtdaMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1288" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20211231_IntegraFrotasLtdaMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1341" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20201231_IntegraFrotasLtdaMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1356" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20201231_IntegraFrotasLtdaMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1571" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20191231_IntegraFrotasLtdaMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1564" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20191231_IntegraFrotasLtdaMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1267" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"> &#160;&#160;&#160;&#160; <ix:nonNumeric contextRef="D20201231_CompanhiaUltragazMember" name="ifrs-full:NameOfSubsidiary" id="Tag7863" escape="true"><ix:nonNumeric contextRef="D20211231_CompanhiaUltragazMember" name="ifrs-full:NameOfSubsidiary" id="Tag1553" escape="true">Companhia Ultragaz S.A.</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_CompanhiaUltragazMember" name="ifrs-full:PrincipalPlaceOfBusinessOfSubsidiary" id="Tag1383" escape="true">Brazil</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_CompanhiaUltragazMember" name="ugp:BusinessSegment" id="Tag1276" escape="true">Ultragaz</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20211231_CompanhiaUltragazMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1306" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20211231_CompanhiaUltragazMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1399" decimals="2" scale="-2" format="ixt:num-dot-decimal">99</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20201231_CompanhiaUltragazMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1264" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20201231_CompanhiaUltragazMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1331" decimals="2" scale="-2" format="ixt:num-dot-decimal">99</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20191231_CompanhiaUltragazMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1327" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20191231_CompanhiaUltragazMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1382" decimals="2" scale="-2" format="ixt:num-dot-decimal">99</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: bottom; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"> &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <ix:nonNumeric contextRef="D20201231_UltragazComercialLtdaMember" name="ifrs-full:NameOfSubsidiary" id="Tag7862" escape="true"><ix:nonNumeric contextRef="D20211231_UltragazComercialLtdaMember" name="ifrs-full:NameOfSubsidiary" id="Tag1218" escape="true">Ultragaz Comercial Ltda.</ix:nonNumeric></ix:nonNumeric></span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_UltragazComercialLtdaMember" name="ifrs-full:PrincipalPlaceOfBusinessOfSubsidiary" id="Tag6206" escape="true">Brazil</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_UltragazComercialLtdaMember" name="ugp:BusinessSegment" id="Tag1575" escape="true">Ultragaz</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20211231_UltragazComercialLtdaMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1217" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20211231_UltragazComercialLtdaMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1574" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20201231_UltragazComercialLtdaMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1149" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20201231_UltragazComercialLtdaMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1322" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20191231_UltragazComercialLtdaMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1263" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20191231_UltragazComercialLtdaMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1129" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman';">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman';"><ix:nonNumeric contextRef="D20201231_NovaParanaDistribuidoraDeGasLtdaMember" name="ifrs-full:NameOfSubsidiary" id="Tag7861" escape="true"><ix:nonNumeric contextRef="D20211231_NovaParanaDistribuidoraDeGasLtdaMember" name="ifrs-full:NameOfSubsidiary" id="Tag1369" escape="true">Nova Paran&#225; Distribuidora de G&#225;s Ltda.</ix:nonNumeric></ix:nonNumeric> </span><sup><sup><span style="font-family: 'Times New Roman'; vertical-align: super;">(1)</span></sup></sup></span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_NovaParanaDistribuidoraDeGasLtdaMember" name="ifrs-full:PrincipalPlaceOfBusinessOfSubsidiary" id="Tag1358" escape="true">Brazil</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_NovaParanaDistribuidoraDeGasLtdaMember" name="ugp:BusinessSegment" id="Tag1197" escape="true">Ultragaz</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20211231_NovaParanaDistribuidoraDeGasLtdaMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1561" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20211231_NovaParanaDistribuidoraDeGasLtdaMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1590" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20201231_NovaParanaDistribuidoraDeGasLtdaMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1219" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20201231_NovaParanaDistribuidoraDeGasLtdaMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1572" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20191231_NovaParanaDistribuidoraDeGasLtdaMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1250" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20191231_NovaParanaDistribuidoraDeGasLtdaMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1582" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 11px;">
<td style="vertical-align: bottom; height: 11px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman';">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman';"><ix:nonNumeric contextRef="D20201231_UtingasArmazenadoraMember" name="ifrs-full:NameOfSubsidiary" id="Tag7860" escape="true"><ix:nonNumeric contextRef="D20211231_UtingasArmazenadoraMember" name="ifrs-full:NameOfSubsidiary" id="Tag1208" escape="true">Uting&#225;s Armazenadora S.A.</ix:nonNumeric></ix:nonNumeric></span><sup><sup><span style="font-family: 'Times New Roman'; vertical-align: super;"> (2)</span></sup></sup></span></p>
</td>
<td style="vertical-align: bottom; height: 11px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_UtingasArmazenadoraMember" name="ifrs-full:PrincipalPlaceOfBusinessOfSubsidiary" id="Tag6208" escape="true">Brazil</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 11px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_UtingasArmazenadoraMember" name="ugp:BusinessSegment" id="Tag1135" escape="true">Ultragaz</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 11px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 11px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20211231_UtingasArmazenadoraMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1205" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; height: 11px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 11px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20211231_UtingasArmazenadoraMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1304" decimals="2" scale="-2" format="ixt:num-dot-decimal">57</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; height: 11px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 11px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20201231_UtingasArmazenadoraMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1122" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; height: 11px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 11px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20201231_UtingasArmazenadoraMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1310" decimals="2" scale="-2" format="ixt:num-dot-decimal">57</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; height: 11px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 11px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20191231_UtingasArmazenadoraMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1546" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: top; height: 11px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 11px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20191231_UtingasArmazenadoraMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1227" decimals="2" scale="-2" format="ixt:num-dot-decimal">57</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"> &#160;&#160;&#160;&#160; <ix:nonNumeric contextRef="D20201231_BahianaDistribuidoraDeGasLtdaMember" name="ifrs-full:NameOfSubsidiary" id="Tag7859" escape="true"><ix:nonNumeric contextRef="D20211231_BahianaDistribuidoraDeGasLtdaMember" name="ifrs-full:NameOfSubsidiary" id="Tag1381" escape="true">Bahiana Distribuidora de G&#225;s Ltda.</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_BahianaDistribuidoraDeGasLtdaMember" name="ifrs-full:PrincipalPlaceOfBusinessOfSubsidiary" id="Tag1526" escape="true">Brazil</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_BahianaDistribuidoraDeGasLtdaMember" name="ugp:BusinessSegment" id="Tag1169" escape="true">Ultragaz</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20211231_BahianaDistribuidoraDeGasLtdaMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1246" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20211231_BahianaDistribuidoraDeGasLtdaMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1370" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20201231_BahianaDistribuidoraDeGasLtdaMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1349" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20201231_BahianaDistribuidoraDeGasLtdaMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag965" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20191231_BahianaDistribuidoraDeGasLtdaMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1402" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20191231_BahianaDistribuidoraDeGasLtdaMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1174" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: bottom; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"> &#160;&#160;&#160;&#160; <ix:nonNumeric contextRef="D20201231_LPGInternationalIncMember" name="ifrs-full:NameOfSubsidiary" id="Tag7858" escape="true"><ix:nonNumeric contextRef="D20211231_LPGInternationalIncMember" name="ifrs-full:NameOfSubsidiary" id="Tag969" escape="true">LPG International Inc.</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_LPGInternationalIncMember" name="ifrs-full:PrincipalPlaceOfBusinessOfSubsidiary" id="Tag1538" escape="true">Cayman Islands</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_LPGInternationalIncMember" name="ugp:BusinessSegment" id="Tag1567" escape="true">Ultragaz</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20211231_LPGInternationalIncMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1266" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20211231_LPGInternationalIncMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1554" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20201231_LPGInternationalIncMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1343" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20201231_LPGInternationalIncMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1588" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20191231_LPGInternationalIncMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1311" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20191231_LPGInternationalIncMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1229" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"> &#160;&#160;&#160;&#160; <ix:nonNumeric contextRef="D20201231_ImavenImoveisLtdaMember" name="ifrs-full:NameOfSubsidiary" id="Tag7857" escape="true"><ix:nonNumeric contextRef="D20211231_ImavenImoveisLtdaMember" name="ifrs-full:NameOfSubsidiary" id="Tag1244" escape="true">Imaven Im&#243;veis Ltda.</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_ImavenImoveisLtdaMember" name="ifrs-full:PrincipalPlaceOfBusinessOfSubsidiary" id="Tag1254" escape="true">Brazil</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_ImavenImoveisLtdaMember" name="ugp:BusinessSegment" id="Tag1198" escape="true">Others</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20211231_ImavenImoveisLtdaMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1379" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20211231_ImavenImoveisLtdaMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1591" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20201231_ImavenImoveisLtdaMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1338" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20201231_ImavenImoveisLtdaMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1213" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20191231_ImavenImoveisLtdaMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1308" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20191231_ImavenImoveisLtdaMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1130" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: bottom; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman';">&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman';"><ix:nonNumeric contextRef="D20201231_ImifarmaProdutosFarmaceuticosCosmeticosMember" name="ifrs-full:NameOfSubsidiary" id="Tag7856" escape="true"><ix:nonNumeric contextRef="D20211231_ImifarmaProdutosFarmaceuticosCosmeticosMember" name="ifrs-full:NameOfSubsidiary" id="Tag1214" escape="true">Imifarma Produtos Farmac&#234;uticos e Cosm&#233;ticos S.A.</ix:nonNumeric></ix:nonNumeric> </span><sup><sup><span style="font-family: 'Times New Roman'; vertical-align: super;">(3)</span></sup></sup><span style="font-family: 'Times New Roman';"> </span></span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_ImifarmaProdutosFarmaceuticosCosmeticosMember" name="ifrs-full:PrincipalPlaceOfBusinessOfSubsidiary" id="Tag1220" escape="true">Brazil</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_ImifarmaProdutosFarmaceuticosCosmeticosMember" name="ugp:BusinessSegment" id="Tag1299" escape="true">Extrafarma</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20211231_ImifarmaProdutosFarmaceuticosCosmeticosMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1270" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20211231_ImifarmaProdutosFarmaceuticosCosmeticosMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1260" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20201231_ImifarmaProdutosFarmaceuticosCosmeticosMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1385" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20201231_ImifarmaProdutosFarmaceuticosCosmeticosMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1377" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20191231_ImifarmaProdutosFarmaceuticosCosmeticosMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1314" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20191231_ImifarmaProdutosFarmaceuticosCosmeticosMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1569" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: middle; background-color: #cceeff; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman';">&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman';"><ix:nonNumeric contextRef="D20201231_UVCInvestimentosLtdaMember" name="ifrs-full:NameOfSubsidiary" id="Tag7855" escape="true"><ix:nonNumeric contextRef="D20211231_UVCInvestimentosLtdaMember" name="ifrs-full:NameOfSubsidiary" id="Tag1552" escape="true">UVC Investimentos Ltda.</ix:nonNumeric></ix:nonNumeric></span><sup><sup><span style="font-family: 'Times New Roman'; vertical-align: super;"> (4)</span></sup></sup></span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_UVCInvestimentosLtdaMember" name="ifrs-full:PrincipalPlaceOfBusinessOfSubsidiary" id="Tag1555" escape="true">Brazil</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_UVCInvestimentosLtdaMember" name="ugp:BusinessSegment" id="Tag1209" escape="true">Others</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20211231_UVCInvestimentosLtdaMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1148" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20211231_UVCInvestimentosLtdaMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1280" decimals="2" scale="-2" format="ixt:num-dot-decimal">99</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20201231_UVCInvestimentosLtdaMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1249" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20201231_UVCInvestimentosLtdaMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1222" decimals="2" scale="-2" format="ixt:num-dot-decimal">99</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20191231_UVCInvestimentosLtdaMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1127" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20191231_UVCInvestimentosLtdaMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag975" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: bottom; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman';"><ix:nonNumeric contextRef="D20201231_CentrodeConvenienciasMillenniumLtdaAndSubsidiariesMember" name="ifrs-full:NameOfSubsidiary" id="Tag7875" escape="true"><ix:nonNumeric contextRef="D20211231_CentrodeConvenienciasMillenniumLtdaAndSubsidiariesMember" name="ifrs-full:NameOfSubsidiary" id="Tag1400" escape="true">Centro de Conveni&#234;ncias Millennium Ltda. and subsidiaries</ix:nonNumeric></ix:nonNumeric></span><span style="font-family: 'Times New Roman';"> </span><sup><sup><span style="font-family: 'Times New Roman'; vertical-align: super;">(5)</span></sup></sup></span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_CentrodeConvenienciasMillenniumLtdaAndSubsidiariesMember" name="ifrs-full:PrincipalPlaceOfBusinessOfSubsidiary" id="Tag1180" escape="true">Brazil</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_CentrodeConvenienciasMillenniumLtdaAndSubsidiariesMember" name="ugp:BusinessSegment" id="Tag1371" escape="true">Ipiranga</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20211231_CentrodeConvenienciasMillenniumLtdaAndSubsidiariesMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1147" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20211231_CentrodeConvenienciasMillenniumLtdaAndSubsidiariesMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1346" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20201231_CentrodeConvenienciasMillenniumLtdaAndSubsidiariesMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1528" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20201231_CentrodeConvenienciasMillenniumLtdaAndSubsidiariesMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag972" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20191231_CentrodeConvenienciasMillenniumLtdaAndSubsidiariesMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1354" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20191231_CentrodeConvenienciasMillenniumLtdaAndSubsidiariesMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1325" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman';"><ix:nonNumeric contextRef="D20201231_OxitenoIndustriaComercioMember" name="ifrs-full:NameOfSubsidiary" id="Tag7874" escape="true"><ix:nonNumeric contextRef="D20211231_OxitenoIndustriaComercioMember" name="ifrs-full:NameOfSubsidiary" id="Tag1334" escape="true">Oxiteno S.A. Ind&#250;stria e Com&#233;rcio</ix:nonNumeric></ix:nonNumeric> </span><sup><sup><span style="font-family: 'Times New Roman'; vertical-align: super;">(6)</span></sup></sup></span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_OxitenoIndustriaComercioMember" name="ifrs-full:PrincipalPlaceOfBusinessOfSubsidiary" id="Tag1273" escape="true">Brazil</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_OxitenoIndustriaComercioMember" name="ugp:BusinessSegment" id="Tag1535" escape="true">Oxiteno</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20211231_OxitenoIndustriaComercioMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1340" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20211231_OxitenoIndustriaComercioMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1532" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20201231_OxitenoIndustriaComercioMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1232" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20201231_OxitenoIndustriaComercioMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1360" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20191231_OxitenoIndustriaComercioMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1541" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20191231_OxitenoIndustriaComercioMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1404" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: bottom; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"> &#160;&#160;&#160;&#160; <ix:nonNumeric contextRef="D20201231_OxitenoArgentinaSociedadDeResponsabilidadLtdaMember" name="ifrs-full:NameOfSubsidiary" id="Tag7873" escape="true"><ix:nonNumeric contextRef="D20211231_OxitenoArgentinaSociedadDeResponsabilidadLtdaMember" name="ifrs-full:NameOfSubsidiary" id="Tag1223" escape="true">Oxiteno Argentina Sociedad de Responsabilidad Ltda.</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_OxitenoArgentinaSociedadDeResponsabilidadLtdaMember" name="ifrs-full:PrincipalPlaceOfBusinessOfSubsidiary" id="Tag1537" escape="true">Argentina</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_OxitenoArgentinaSociedadDeResponsabilidadLtdaMember" name="ugp:BusinessSegment" id="Tag1556" escape="true">Oxiteno</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20211231_OxitenoArgentinaSociedadDeResponsabilidadLtdaMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1239" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20211231_OxitenoArgentinaSociedadDeResponsabilidadLtdaMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1389" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20201231_OxitenoArgentinaSociedadDeResponsabilidadLtdaMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1238" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20201231_OxitenoArgentinaSociedadDeResponsabilidadLtdaMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1305" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20191231_OxitenoArgentinaSociedadDeResponsabilidadLtdaMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1164" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20191231_OxitenoArgentinaSociedadDeResponsabilidadLtdaMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1345" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"> &#160;&#160;&#160;&#160; <ix:nonNumeric contextRef="D20201231_OleoqumicaIndustriaeComrcioDeProdutosQumicosLtdaMember" name="ifrs-full:NameOfSubsidiary" id="Tag7872" escape="true"><ix:nonNumeric contextRef="D20211231_OleoqumicaIndustriaeComrcioDeProdutosQumicosLtdaMember" name="ifrs-full:NameOfSubsidiary" id="Tag1258" escape="true">Oleoqu&#237;mica Ind&#250;stria e Com&#233;rcio de Produtos Qu&#237;micos Ltda.</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_OleoqumicaIndustriaeComrcioDeProdutosQumicosLtdaMember" name="ifrs-full:PrincipalPlaceOfBusinessOfSubsidiary" id="Tag1519" escape="true">Brazil</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_OleoqumicaIndustriaeComrcioDeProdutosQumicosLtdaMember" name="ugp:BusinessSegment" id="Tag1243" escape="true">Oxiteno</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20211231_OleoqumicaIndustriaeComrcioDeProdutosQumicosLtdaMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag4790" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20211231_OleoqumicaIndustriaeComrcioDeProdutosQumicosLtdaMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1277" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20201231_OleoqumicaIndustriaeComrcioDeProdutosQumicosLtdaMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1330" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20201231_OleoqumicaIndustriaeComrcioDeProdutosQumicosLtdaMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1297" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20191231_OleoqumicaIndustriaeComrcioDeProdutosQumicosLtdaMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1113" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20191231_OleoqumicaIndustriaeComrcioDeProdutosQumicosLtdaMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1165" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: bottom; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"> &#160;&#160;&#160;&#160; <ix:nonNumeric contextRef="D20201231_OxitenoUruguaySAMember" name="ifrs-full:NameOfSubsidiary" id="Tag7871" escape="true"><ix:nonNumeric contextRef="D20211231_OxitenoUruguaySAMember" name="ifrs-full:NameOfSubsidiary" id="Tag1289" escape="true">Oxiteno Uruguay S.A.</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_OxitenoUruguaySAMember" name="ifrs-full:PrincipalPlaceOfBusinessOfSubsidiary" id="Tag1245" escape="true">Uruguay</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_OxitenoUruguaySAMember" name="ugp:BusinessSegment" id="Tag1123" escape="true">Oxiteno</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20211231_OxitenoUruguaySAMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1578" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20211231_OxitenoUruguaySAMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1279" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20201231_OxitenoUruguaySAMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1365" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20201231_OxitenoUruguaySAMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1316" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20191231_OxitenoUruguaySAMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1275" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20191231_OxitenoUruguaySAMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1550" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"> &#160;&#160;&#160;&#160; <ix:nonNumeric contextRef="D20201231_OxitenoMexicoSADeCVMember" name="ifrs-full:NameOfSubsidiary" id="Tag7870" escape="true"><ix:nonNumeric contextRef="D20211231_OxitenoMexicoSADeCVMember" name="ifrs-full:NameOfSubsidiary" id="Tag1291" escape="true">Oxiteno M&#233;xico S.A. de C.V.</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_OxitenoMexicoSADeCVMember" name="ifrs-full:PrincipalPlaceOfBusinessOfSubsidiary" id="Tag1137" escape="true">Mexico</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_OxitenoMexicoSADeCVMember" name="ugp:BusinessSegment" id="Tag1557" escape="true">Oxiteno</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20211231_OxitenoMexicoSADeCVMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1237" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20211231_OxitenoMexicoSADeCVMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1386" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20201231_OxitenoMexicoSADeCVMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1562" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20201231_OxitenoMexicoSADeCVMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1372" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20191231_OxitenoMexicoSADeCVMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1121" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20191231_OxitenoMexicoSADeCVMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1324" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: bottom; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"> &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <ix:nonNumeric contextRef="D20201231_OxitenoServiciosCorporativosSADeCVMember" name="ifrs-full:NameOfSubsidiary" id="Tag7869" escape="true"><ix:nonNumeric contextRef="D20211231_OxitenoServiciosCorporativosSADeCVMember" name="ifrs-full:NameOfSubsidiary" id="Tag1178" escape="true">Oxiteno Servicios Corporativos S.A. de C.V.</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_OxitenoServiciosCorporativosSADeCVMember" name="ifrs-full:PrincipalPlaceOfBusinessOfSubsidiary" id="Tag1293" escape="true">Mexico</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_OxitenoServiciosCorporativosSADeCVMember" name="ugp:BusinessSegment" id="Tag1522" escape="true">Oxiteno</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20211231_OxitenoServiciosCorporativosSADeCVMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1175" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20211231_OxitenoServiciosCorporativosSADeCVMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1131" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20201231_OxitenoServiciosCorporativosSADeCVMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1251" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20201231_OxitenoServiciosCorporativosSADeCVMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1319" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20191231_OxitenoServiciosCorporativosSADeCVMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1374" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20191231_OxitenoServiciosCorporativosSADeCVMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1281" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"> &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <ix:nonNumeric contextRef="D20201231_OxitenoServiciosIndustrialsDeCVMember" name="ifrs-full:NameOfSubsidiary" id="Tag7868" escape="true"><ix:nonNumeric contextRef="D20211231_OxitenoServiciosIndustrialsDeCVMember" name="ifrs-full:NameOfSubsidiary" id="Tag1262" escape="true">Oxiteno Servicios Industriales S.A. de C.V.</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_OxitenoServiciosIndustrialsDeCVMember" name="ifrs-full:PrincipalPlaceOfBusinessOfSubsidiary" id="Tag1256" escape="true">Mexico</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_OxitenoServiciosIndustrialsDeCVMember" name="ugp:BusinessSegment" id="Tag1252" escape="true">Oxiteno</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20211231_OxitenoServiciosIndustrialsDeCVMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1408" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20211231_OxitenoServiciosIndustrialsDeCVMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1317" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20201231_OxitenoServiciosIndustrialsDeCVMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1401" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20201231_OxitenoServiciosIndustrialsDeCVMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1282" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20191231_OxitenoServiciosIndustrialsDeCVMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1253" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20191231_OxitenoServiciosIndustrialsDeCVMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1284" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: bottom; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"> &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <ix:nonNumeric contextRef="D20201231_OxitenoUSALLCMember" name="ifrs-full:NameOfSubsidiary" id="Tag7867" escape="true"><ix:nonNumeric contextRef="D20211231_OxitenoUSALLCMember" name="ifrs-full:NameOfSubsidiary" id="Tag1558" escape="true">Oxiteno USA LLC</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_OxitenoUSALLCMember" name="ifrs-full:PrincipalPlaceOfBusinessOfSubsidiary" id="Tag1287" escape="true">United States</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_OxitenoUSALLCMember" name="ugp:BusinessSegment" id="Tag1359" escape="true">Oxiteno</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20211231_OxitenoUSALLCMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1116" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20211231_OxitenoUSALLCMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1577" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20201231_OxitenoUSALLCMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1342" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20201231_OxitenoUSALLCMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1357" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20191231_OxitenoUSALLCMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1362" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20191231_OxitenoUSALLCMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1581" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"> &#160;&#160;&#160;&#160; <ix:nonNumeric contextRef="D20201231_GlobalPetroleumProductsTradingCorporationMember" name="ifrs-full:NameOfSubsidiary" id="Tag7887" escape="true"><ix:nonNumeric contextRef="D20211231_GlobalPetroleumProductsTradingCorporationMember" name="ifrs-full:NameOfSubsidiary" id="Tag976" escape="true">Global Petroleum Products Trading Corp.</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_GlobalPetroleumProductsTradingCorporationMember" name="ifrs-full:PrincipalPlaceOfBusinessOfSubsidiary" id="Tag1412" escape="true">Virgin Islands</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_GlobalPetroleumProductsTradingCorporationMember" name="ugp:BusinessSegment" id="Tag1234" escape="true">Oxiteno</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20211231_GlobalPetroleumProductsTradingCorporationMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag968" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20211231_GlobalPetroleumProductsTradingCorporationMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1411" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20201231_GlobalPetroleumProductsTradingCorporationMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1199" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20201231_GlobalPetroleumProductsTradingCorporationMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1587" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20191231_GlobalPetroleumProductsTradingCorporationMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1172" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20191231_GlobalPetroleumProductsTradingCorporationMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1228" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 19px;">
<td style="vertical-align: bottom; height: 19px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"> &#160;&#160;&#160;&#160; <ix:nonNumeric contextRef="D20201231_OxitenoEuropeSprlMember" name="ifrs-full:NameOfSubsidiary" id="Tag7886" escape="true"><ix:nonNumeric contextRef="D20211231_OxitenoEuropeSprlMember" name="ifrs-full:NameOfSubsidiary" id="Tag1286" escape="true">Oxiteno Europe SPRL</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_OxitenoEuropeSprlMember" name="ifrs-full:PrincipalPlaceOfBusinessOfSubsidiary" id="Tag1271" escape="true">Belgium</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_OxitenoEuropeSprlMember" name="ugp:BusinessSegment" id="Tag1212" escape="true">Oxiteno</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20211231_OxitenoEuropeSprlMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1551" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20211231_OxitenoEuropeSprlMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1530" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20201231_OxitenoEuropeSprlMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1303" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20201231_OxitenoEuropeSprlMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1565" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; height: 19px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 19px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20191231_OxitenoEuropeSprlMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1520" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: top; height: 19px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 19px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20191231_OxitenoEuropeSprlMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1206" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"> &#160;&#160;&#160;&#160; <ix:nonNumeric contextRef="D20201231_OxitenoColombiaSASMember" name="ifrs-full:NameOfSubsidiary" id="Tag7885" escape="true"><ix:nonNumeric contextRef="D20211231_OxitenoColombiaSASMember" name="ifrs-full:NameOfSubsidiary" id="Tag1290" escape="true">Oxiteno Colombia S.A.S.</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_OxitenoColombiaSASMember" name="ifrs-full:PrincipalPlaceOfBusinessOfSubsidiary" id="Tag1576" escape="true">Colombia</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_OxitenoColombiaSASMember" name="ugp:BusinessSegment" id="Tag1163" escape="true">Oxiteno</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20211231_OxitenoColombiaSASMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1224" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20211231_OxitenoColombiaSASMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1110" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20201231_OxitenoColombiaSASMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag974" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20201231_OxitenoColombiaSASMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1295" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20191231_OxitenoColombiaSASMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1181" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20191231_OxitenoColombiaSASMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1373" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: bottom; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"> &#160;&#160;&#160;&#160; <ix:nonNumeric contextRef="D20201231_OxitenoShanghaiLtdMember" name="ifrs-full:NameOfSubsidiary" id="Tag7884" escape="true"><ix:nonNumeric contextRef="D20211231_OxitenoShanghaiLtdMember" name="ifrs-full:NameOfSubsidiary" id="Tag1160" escape="true">Oxiteno Shanghai LTD.</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_OxitenoShanghaiLtdMember" name="ifrs-full:PrincipalPlaceOfBusinessOfSubsidiary" id="Tag1215" escape="true">China</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_OxitenoShanghaiLtdMember" name="ugp:BusinessSegment" id="Tag1126" escape="true">Oxiteno</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20211231_OxitenoShanghaiLtdMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1398" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20211231_OxitenoShanghaiLtdMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1204" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20201231_OxitenoShanghaiLtdMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1390" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20201231_OxitenoShanghaiLtdMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1393" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20191231_OxitenoShanghaiLtdMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1367" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20191231_OxitenoShanghaiLtdMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1352" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"> &#160;&#160;&#160;&#160; <ix:nonNumeric contextRef="D20201231_EmpresaCariocaDeProdutosQuimicosSAMember" name="ifrs-full:NameOfSubsidiary" id="Tag7883" escape="true"><ix:nonNumeric contextRef="D20211231_EmpresaCariocaDeProdutosQuimicosSAMember" name="ifrs-full:NameOfSubsidiary" id="Tag1221" escape="true">Empresa Carioca de Produtos Qu&#237;micos S.A.</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_EmpresaCariocaDeProdutosQuimicosSAMember" name="ifrs-full:PrincipalPlaceOfBusinessOfSubsidiary" id="Tag1125" escape="true">Brazil</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_EmpresaCariocaDeProdutosQuimicosSAMember" name="ugp:BusinessSegment" id="Tag1348" escape="true">Oxiteno</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20211231_EmpresaCariocaDeProdutosQuimicosSAMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1196" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20211231_EmpresaCariocaDeProdutosQuimicosSAMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag970" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20201231_EmpresaCariocaDeProdutosQuimicosSAMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1161" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20201231_EmpresaCariocaDeProdutosQuimicosSAMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1406" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20191231_EmpresaCariocaDeProdutosQuimicosSAMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1548" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20191231_EmpresaCariocaDeProdutosQuimicosSAMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1566" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: bottom; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20201231_UltracargoOperacoesLogisticasParticipacoesLtdaMember" name="ifrs-full:NameOfSubsidiary" id="Tag7882" escape="true"><ix:nonNumeric contextRef="D20211231_UltracargoOperacoesLogisticasParticipacoesLtdaMember" name="ifrs-full:NameOfSubsidiary" id="Tag1347" escape="true">Ultracargo &#8211; Opera&#231;&#245;es Log&#237;sticas e Participa&#231;&#245;es Ltda.</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_UltracargoOperacoesLogisticasParticipacoesLtdaMember" name="ifrs-full:PrincipalPlaceOfBusinessOfSubsidiary" id="Tag1257" escape="true">Brazil</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_UltracargoOperacoesLogisticasParticipacoesLtdaMember" name="ugp:BusinessSegment" id="Tag1585" escape="true">Ultracargo</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20211231_UltracargoOperacoesLogisticasParticipacoesLtdaMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1185" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20211231_UltracargoOperacoesLogisticasParticipacoesLtdaMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1539" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20201231_UltracargoOperacoesLogisticasParticipacoesLtdaMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1540" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20201231_UltracargoOperacoesLogisticasParticipacoesLtdaMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag6207" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20191231_UltracargoOperacoesLogisticasParticipacoesLtdaMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1114" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20191231_UltracargoOperacoesLogisticasParticipacoesLtdaMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1529" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman';">&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;"><ix:nonNumeric contextRef="D20211231_UltracargoLogisticaSAMember" name="ifrs-full:NameOfSubsidiary" id="Tag1182" escape="true" continuedAt="c571e1474-78c6-414b-91b8-8d3a4339c440">Ultracargo Log&#237;stica S.A.</ix:nonNumeric></span></span></span> </span><sup><sup><span style="font-family: 'Times New Roman'; vertical-align: super;">(7)</span></sup></sup></span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_UltracargoLogisticaSAMember" name="ifrs-full:PrincipalPlaceOfBusinessOfSubsidiary" id="Tag1328" escape="true">Brazil</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_UltracargoLogisticaSAMember" name="ugp:BusinessSegment" id="Tag1344" escape="true">Ultracargo</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20211231_UltracargoLogisticaSAMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1368" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20211231_UltracargoLogisticaSAMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1120" decimals="2" scale="-2" format="ixt:num-dot-decimal">99</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20201231_UltracargoLogisticaSAMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1294" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20201231_UltracargoLogisticaSAMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1333" decimals="2" scale="-2" format="ixt:num-dot-decimal">99</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20191231_UltracargoLogisticaSAMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1171" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20191231_UltracargoLogisticaSAMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1225" decimals="2" scale="-2" format="ixt:num-dot-decimal">99</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: bottom; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"> &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <ix:nonNumeric contextRef="D20201231_TEASTerminalExportadorDeAlcoolDeSantosLtdaMember" name="ifrs-full:NameOfSubsidiary" id="Tag7881" escape="true"><ix:nonNumeric contextRef="D20211231_TEASTerminalExportadorDeAlcoolDeSantosLtdaMember" name="ifrs-full:NameOfSubsidiary" id="Tag1307" escape="true">TEAS &#8211; Terminal Exportador de &#193;lcool de Santos Ltda.</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_TEASTerminalExportadorDeAlcoolDeSantosLtdaMember" name="ifrs-full:PrincipalPlaceOfBusinessOfSubsidiary" id="Tag1162" escape="true">Brazil</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_TEASTerminalExportadorDeAlcoolDeSantosLtdaMember" name="ugp:BusinessSegment" id="Tag1395" escape="true">Ultracargo</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20211231_TEASTerminalExportadorDeAlcoolDeSantosLtdaMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1583" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20211231_TEASTerminalExportadorDeAlcoolDeSantosLtdaMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1580" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20201231_TEASTerminalExportadorDeAlcoolDeSantosLtdaMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1240" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20201231_TEASTerminalExportadorDeAlcoolDeSantosLtdaMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1378" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20191231_TEASTerminalExportadorDeAlcoolDeSantosLtdaMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1285" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20191231_TEASTerminalExportadorDeAlcoolDeSantosLtdaMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1261" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"> &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <ix:nonNumeric contextRef="D20201231_TequimarVilaDoCondeLogsticaPorturiaSaMember" name="ifrs-full:NameOfSubsidiary" id="Tag7880" escape="true"><ix:nonNumeric contextRef="D20211231_TequimarVilaDoCondeLogsticaPorturiaSaMember" name="ifrs-full:NameOfSubsidiary" id="Tag1361" escape="true">Tequimar Vila do Conde Log&#237;stica Portu&#225;ria S.A.</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_TequimarVilaDoCondeLogsticaPorturiaSaMember" name="ifrs-full:PrincipalPlaceOfBusinessOfSubsidiary" id="Tag1133" escape="true">Brazil</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_TequimarVilaDoCondeLogsticaPorturiaSaMember" name="ugp:BusinessSegment" id="Tag1183" escape="true">Ultracargo</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20211231_TequimarVilaDoCondeLogsticaPorturiaSaMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1248" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20211231_TequimarVilaDoCondeLogsticaPorturiaSaMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1132" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20201231_TequimarVilaDoCondeLogsticaPorturiaSaMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1589" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20201231_TequimarVilaDoCondeLogsticaPorturiaSaMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1283" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20191231_TequimarVilaDoCondeLogsticaPorturiaSaMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1326" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20191231_TequimarVilaDoCondeLogsticaPorturiaSaMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1210" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: bottom; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20201231_UltraparInternationalSAMember" name="ifrs-full:NameOfSubsidiary" id="Tag7879" escape="true"><ix:nonNumeric contextRef="D20211231_UltraparInternationalSAMember" name="ifrs-full:NameOfSubsidiary" id="Tag1115" escape="true">Ultrapar International S.A.</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_UltraparInternationalSAMember" name="ifrs-full:PrincipalPlaceOfBusinessOfSubsidiary" id="Tag1391" escape="true">Luxembourg</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_UltraparInternationalSAMember" name="ugp:BusinessSegment" id="Tag1241" escape="true">Others</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20211231_UltraparInternationalSAMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1201" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20211231_UltraparInternationalSAMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1549" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20201231_UltraparInternationalSAMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1302" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20201231_UltraparInternationalSAMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1524" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20191231_UltraparInternationalSAMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1364" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20191231_UltraparInternationalSAMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag967" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
</tr>
<tr style="height: 12px; background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff; height: 12px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20201231_SermaAssDosUsuariosEquipProcDeDadosMember" name="ifrs-full:NameOfSubsidiary" id="Tag7878" escape="true"><ix:nonNumeric contextRef="D20211231_SermaAssDosUsuariosEquipProcDeDadosMember" name="ifrs-full:NameOfSubsidiary" id="Tag1230" escape="true">SERMA &#8211; Ass. dos usu&#225;rios equip. proc. de dados</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 12px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_SermaAssDosUsuariosEquipProcDeDadosMember" name="ifrs-full:PrincipalPlaceOfBusinessOfSubsidiary" id="Tag1563" escape="true">Brazil</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 12px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_SermaAssDosUsuariosEquipProcDeDadosMember" name="ugp:BusinessSegment" id="Tag1118" escape="true">Others</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 12px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 12px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20211231_SermaAssDosUsuariosEquipProcDeDadosMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1409" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 12px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 12px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20211231_SermaAssDosUsuariosEquipProcDeDadosMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1272" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 12px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 12px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20201231_SermaAssDosUsuariosEquipProcDeDadosMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1351" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 12px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 12px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20201231_SermaAssDosUsuariosEquipProcDeDadosMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1177" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 12px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 12px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20191231_SermaAssDosUsuariosEquipProcDeDadosMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1380" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 12px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 12px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20191231_SermaAssDosUsuariosEquipProcDeDadosMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1168" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 20px;">
<td style="vertical-align: middle; height: 20px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman';"><ix:nonNumeric contextRef="D20201231_UVCFundoDeInvestimentoEmParticipacoesMultiestrategiaInvestimenToNoExteriorMember" name="ifrs-full:NameOfSubsidiary" id="Tag7877" escape="true"><ix:nonNumeric contextRef="D20211231_UVCFundoDeInvestimentoEmParticipacoesMultiestrategiaInvestimenToNoExteriorMember" name="ifrs-full:NameOfSubsidiary" id="Tag1269" escape="true">UVC &#8211; Fundo de investimento em participa&#231;&#245;es multiestrat&#233;gia investimento no exterior</ix:nonNumeric></ix:nonNumeric> </span><sup><sup><span style="font-family: 'Times New Roman'; vertical-align: super;">(8)</span></sup></sup><span style="font-family: 'Times New Roman';"> </span></span></p>
</td>
<td style="vertical-align: bottom; height: 20px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_UVCFundoDeInvestimentoEmParticipacoesMultiestrategiaInvestimenToNoExteriorMember" name="ifrs-full:PrincipalPlaceOfBusinessOfSubsidiary" id="Tag1167" escape="true">Brazil</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 20px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_UVCFundoDeInvestimentoEmParticipacoesMultiestrategiaInvestimenToNoExteriorMember" name="ugp:BusinessSegment" id="Tag1170" escape="true">Others</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 20px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 20px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20211231_UVCFundoDeInvestimentoEmParticipacoesMultiestrategiaInvestimenToNoExteriorMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1247" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; height: 20px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 20px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20211231_UVCFundoDeInvestimentoEmParticipacoesMultiestrategiaInvestimenToNoExteriorMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1265" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: bottom; height: 20px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 20px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20201231_UVCFundoDeInvestimentoEmParticipacoesMultiestrategiaInvestimenToNoExteriorMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1274" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; height: 20px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 20px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20201231_UVCFundoDeInvestimentoEmParticipacoesMultiestrategiaInvestimenToNoExteriorMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag966" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: top; height: 20px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 20px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20191231_UVCFundoDeInvestimentoEmParticipacoesMultiestrategiaInvestimenToNoExteriorMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1568" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="vertical-align: top; height: 20px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 20px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20191231_UVCFundoDeInvestimentoEmParticipacoesMultiestrategiaInvestimenToNoExteriorMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1332" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
</tr>
<tr style="height: 15px; background-color: #cceeff;">
<td style="vertical-align: middle; background-color: #cceeff; height: 15px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman';"><ix:nonNumeric contextRef="D20201231_EaiClubeAutomobilistaSAMember" name="ifrs-full:NameOfSubsidiary" id="Tag7876" escape="true"><ix:nonNumeric contextRef="D20211231_EaiClubeAutomobilistaSAMember" name="ifrs-full:NameOfSubsidiary" id="Tag1363" escape="true">Ea&#237; Clube Automobilista S.A.</ix:nonNumeric></ix:nonNumeric> </span><sup><sup><span style="font-family: 'Times New Roman'; vertical-align: super;">(9)</span></sup></sup></span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 15px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_EaiClubeAutomobilistaSAMember" name="ifrs-full:PrincipalPlaceOfBusinessOfSubsidiary" id="Tag1573" escape="true">Brazil</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 15px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonNumeric contextRef="D20211231_EaiClubeAutomobilistaSAMember" name="ugp:BusinessSegment" id="Tag1233" escape="true">Abastece a&#237;</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 15px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 15px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20211231_EaiClubeAutomobilistaSAMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1523" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 15px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 15px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20211231_EaiClubeAutomobilistaSAMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1134" xsi:nil="true"></ix:nonFraction> - </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
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<td style="vertical-align: bottom; background-color: #cceeff; height: 15px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> <ix:nonFraction contextRef="D20201231_EaiClubeAutomobilistaSAMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1397" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
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<td style="vertical-align: bottom; background-color: #cceeff; height: 15px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20201231_EaiClubeAutomobilistaSAMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1384" xsi:nil="true"></ix:nonFraction> - </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
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<td style="vertical-align: top; background-color: #cceeff; height: 15px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20191231_EaiClubeAutomobilistaSAMember" name="ugp:DirectControlInterestPercentage" unitRef="Pure" id="Tag1216" xsi:nil="true"></ix:nonFraction> - </span></p>
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<td style="vertical-align: top; background-color: #cceeff; height: 15px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
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<td style="vertical-align: top; background-color: #cceeff; height: 15px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"><ix:nonFraction contextRef="D20191231_EaiClubeAutomobilistaSAMember" name="ugp:IndirectControlInterestPercentage" unitRef="Pure" id="Tag1128" xsi:nil="true"></ix:nonFraction> - </span></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-38</span></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 0cm 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', 'serif'; margin-top: 6pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries&#160;</span></p>
<p style="margin: 6pt 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', 'serif';"><span style="font-family: 'times new roman', times; font-size: 10pt;">Notes to the Consolidated Financial Statements</span></p>
<p style="margin: 6pt 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', 'serif';"><span style="font-family: 'times new roman', times; font-size: 10pt;"><i><span>(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></i></span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The percentages in the table above are rounded.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_VYMR02LWLC00000000000000000000b">
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<td style="text-align: justify; height: 17px; width: 3%; vertical-align: top;" valign="top">(1)</td>
<td style="text-align: justify; height: 17px; width: 97%; vertical-align: top;" valign="top"><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote6"><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Non-operating company in closing phase.</span></ix:footnote></td>
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<td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(2)</span></td>
<td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote7"><span style="font-size: 10pt;"><span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">In October 2020 there was a change in the share capital of the company&#160;</span>Uting&#225;s<span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">, which became controlled by&#160;</span>Companhia<span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;</span>Ultragaz<span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;S.A. (&#8220;</span>Cia<span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;</span>Ultragaz<span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#8221;).</span></span></ix:footnote></td>
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<td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(3)</span></td>
<td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote8"><span style="font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">On May 18, 2021 the Company announced the signing of an agreement for the sale of all shares of&#160;Extrafarma&#160;to&#160;Pague&#160;Menos. As of December 31, 2021, the Company reclassified the subsidiary's balances to &#8220;assets and liabilities held for sale&#8221;. For more details, see note <span style="border-left: none; border-right: none;">3</span>.</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">c<span style="border-left: none; border-right: none;">.1</span></span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">.</span></span></ix:footnote></td>
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<td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(4)</span></td>
<td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote9"><span style="letter-spacing: 0px; font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 0px; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Subsidiary set up in January 2020 to provide valuation, business management and financial advisory services to UVC -&#160;Fundo&#160;de&#160;investimento&#160;em&#160;participa&#231;&#245;es&#160;multiestrat&#233;gia&#160;investimento&#160;no exterior&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">(&#8220;UVC &#8211;&#160;Fundo&#160;de&#160;investimento&#8221;)</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">. In September 2020 the Company&#8217;s name was changed to UVC&#160;Investimentos&#160;Ltda&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">(&#8220;UVC&#160;Investimentos&#8221;)</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">.</span></span></ix:footnote></td>
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<td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(5)</span></td>
<td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote10"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">In May 2020 there was a change in the interest of the capital of the subsidiary Millennium which became a direct subsidiary of the Company.</span></ix:footnote></td>
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<td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(6)</span></td>
<td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote11"><span style="font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">On August 16, 2021, the Company announced the signing of agreement for the sale of its interest in&#160;Oxiteno&#160;S.A. to&#160;Indorama. As of December 31, 2021, the Company reclassified the subsidiary's balances to &#8220;assets and liabilities held for sale&#8221;. For more details, see Note <span style="border-left: none; border-right: none;">3</span>.c</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">.1</span></span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">.</span></span></ix:footnote></td>
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<td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(7)</span><br/></td>
<td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote12"><span style="font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">In April 2021 the name of subsidiary&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Terminal&#160;Qu&#237;mico&#160;de&#160;Aratu&#160;S.A &#8211;&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Tequimar&#160;was changed to&#160;Ultracargo&#160;Log&#237;stica&#160;S.A. (</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#8220;Ultracargo&#160;Log&#237;stica&#8221;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">).</span></span></ix:footnote></td>
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<td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(8)</span></td>
<td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote13"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Fund set up on January 2020, the UVC has the purpose to monetize the resources of its shareholders through investment in promising companies in business segments that are complementary to the Company's businesses, with additional benefits such as of startups and new technologies.</span></ix:footnote></td>
</tr>
<tr style="height: 10px;">
<td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(9)</span></td>
<td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote14"><span style="font-size: 10pt;"><span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Subsidiary set up in July 2020, focused on digital payments and electronic retail, combining the &#8220;</span>abastece<span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;a&#237;&#8221; app and the &#8220;Km de&#160;</span>Vantagens<span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#8221; program.</span></span></ix:footnote><br/></td>
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</ix:nonNumeric>
</ix:nonNumeric>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-39</span></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<br/></div><div id="Normadiv211" style="font-family: 'times new roman', times; font-size: 10pt;">
<div>
<p style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0cm 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultrapar Participa&#231;&#245;es S.A. and Subsidiaries</span></p>
<p style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt; text-align: justify; font-size: 11pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Notes to the Consolidated Financial<span>&#160;</span></span><span style="font-family: 'Times New Roman';">Statements</span><span style="font-family: 'Times New Roman';"></span></span></p>
<p style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt; text-align: justify; font-size: 9pt;"><span style="font-style: italic;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(In thousands of Brazilian Reais, unless otherwise stated)</span></span></p>
</div>
<div>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<ix:nonNumeric contextRef="D20211231_3" name="ugp:DisclosureOfCashAndCashEquivalentsAndFinancialInvestmentsAndHedgeDerivativeFinancialInstrumentsTextBlock" id="Tag2148" escape="true">
<p style="margin: 0pt; text-align: justify; font-weight: bold;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;"><span style="border-right: none; border-left: none;">5</span></span><span style="font-family: 'Times New Roman'; font-weight: bold;">. Cash and </span><span style="font-family: 'Times New Roman'; font-weight: bold;">c</span><span style="font-family: 'Times New Roman'; font-weight: bold;">ash </span><span style="font-family: 'Times New Roman'; font-weight: bold;">e</span><span style="font-family: 'Times New Roman'; font-weight: bold;">quivalents</span><span style="font-family: 'Times New Roman'; font-weight: bold;">,</span><span style="font-family: 'Times New Roman'; font-weight: bold;"> </span><span style="font-family: 'Times New Roman'; font-weight: bold;">f</span><span style="font-family: 'Times New Roman'; font-weight: bold;">inancial </span><span style="font-family: 'Times New Roman'; font-weight: bold;">i</span><span style="font-family: 'Times New Roman'; font-weight: bold;">nvestments</span><span style="font-family: 'Times New Roman'; font-weight: bold;"> and </span><span style="font-family: 'Times New Roman'; font-weight: bold;">h</span><span style="font-family: 'Times New Roman'; font-weight: bold;">edge </span><span style="font-family: 'Times New Roman'; font-weight: bold;">d</span><span style="font-family: 'Times New Roman'; font-weight: bold;">erivative </span><span style="font-family: 'Times New Roman'; font-weight: bold;">f</span><span style="font-family: 'Times New Roman'; font-weight: bold;">inancial </span><span style="font-family: 'Times New Roman'; font-weight: bold;">i</span><span style="font-family: 'Times New Roman'; font-weight: bold;">nstruments</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Cash equivalents and financial investments, excluding cash and bank deposits, are substantially represented by investments: (</span><span style="font-family: 'Times New Roman';">i</span><span style="font-family: 'Times New Roman';">) in Brazil, in certificates of deposit of financial institutions linked to </span><span style="font-family: 'Times New Roman';">interest rate of </span><span style="font-family: 'Times New Roman';">the </span><span style="font-family: 'Times New Roman';">DI</span><span style="font-family: 'Times New Roman';">, in </span><span style="font-family: 'Times New Roman';">repurchase agreement</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> financial bills,</span><span style="font-family: 'Times New Roman';"> and in short term investments funds, whose portfolio comprised of Brazilian Federal Government bonds</span><span style="font-family: 'Times New Roman';"> and in certificates of deposit of financial institutions</span><span style="font-family: 'Times New Roman';">; (ii) outside Brazil, in certificates of deposit of financial institutions</span><span style="font-family: 'Times New Roman';"> and in short</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">term investments funds, </span><span style="font-family: 'Times New Roman';">whose portfolio compris</span><span style="font-family: 'Times New Roman';">ed of </span><span style="font-family: 'Times New Roman';">F</span><span style="font-family: 'Times New Roman';">ederal </span><span style="font-family: 'Times New Roman';">G</span><span style="font-family: 'Times New Roman';">overnment </span><span style="font-family: 'Times New Roman';">bond</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';">; and (iii) in currency and interest rate hedging instruments.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The financial assets were classified in Note 33</span><span style="font-family: 'Times New Roman';">.j</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">based on business model of financial assets</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">of the Company and its subsidiaries.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Cash, cash equivalents and financial investments amounted </span><span style="font-family: 'Times New Roman';">to </span><span style="font-family: 'Times New Roman';">R</span><span style="font-family: 'Times New Roman';">$</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="I20211231" name="ugp:CashCashEquivalentsAndFinancialInvestments" unitRef="BRL" id="Tag1627" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,463,473</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">20</span><span style="font-family: 'Times New Roman';">2</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';"> (</span><span style="font-family: 'Times New Roman';">R$</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="I20201231" name="ugp:CashCashEquivalentsAndFinancialInvestments" unitRef="BRL" id="Tag1630" decimals="-3" scale="3" format="ixt:num-dot-decimal">8,672,160</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of December 31, 20</span><span style="font-family: 'Times New Roman';">20</span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">are as follows:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">a. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Cash and cash equivalents</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:DisclosureOfCashAndCashEquivalentsExplanatory" id="Tag1636" escape="true">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Cash and cash equivalents </span><span style="font-family: 'Times New Roman';">of the Company and its subsidiaries are </span><span style="font-family: 'Times New Roman';">presented</span><span style="font-family: 'Times New Roman';"> as follows:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_AWUV4DE06O00000000000000000000b">
<table cellpadding="0" style="height: 163px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Cash and bank deposits </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 73%;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> In local currency </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:CashAndBankDepositsInLocalCurrency" unitRef="BRL" id="Tag1634" decimals="-3" scale="3" format="ixt:num-dot-decimal">317,907</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:CashAndBankDepositsInLocalCurrency" unitRef="BRL" id="Tag1631" decimals="-3" scale="3" format="ixt:num-dot-decimal">285,306</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> In foreign currency </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:CashAndBankDepositsInForeignCurrency" unitRef="BRL" id="Tag1629" decimals="-3" scale="3" format="ixt:num-dot-decimal">16,640</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:CashAndBankDepositsInForeignCurrency" unitRef="BRL" id="Tag1628" decimals="-3" scale="3" format="ixt:num-dot-decimal">119,775</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial investments considered cash equivalents </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> In local currency </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 20pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.75pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fixed-income securities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:FinancialInvestmentsConsideredCashEquivalentsInLocalCurrency" unitRef="BRL" id="Tag1607" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,943,164</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:FinancialInvestmentsConsideredCashEquivalentsInLocalCurrency" unitRef="BRL" id="Tag1610" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,241,852</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> In foreign currency </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 20pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.75pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fixed-income securities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:FinancialInvestmentsConsideredCashEquivalentsInForeignCurrency" unitRef="BRL" id="Tag1633" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,363</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:FinancialInvestmentsConsideredCashEquivalentsInForeignCurrency" unitRef="BRL" id="Tag1599" decimals="-3" scale="3" format="ixt:num-dot-decimal">14,561</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total cash and cash equivalents&#160;</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ifrs-full:CashAndCashEquivalents" unitRef="BRL" id="Tag1609" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,280,074</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ifrs-full:CashAndCashEquivalents" unitRef="BRL" id="Tag1608" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,661,494</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><br/></p>
</ix:nonNumeric>
<ix:exclude>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<div>
<div id="t_ft_5178Q59EBK00000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-40</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 0cm 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif; margin-top: 6pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries&#160;</span></p>
<p style="margin: 6pt 0px 0px; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Notes to the Consolidated Financial<span>&#160;</span></span><span style="font-family: 'Times New Roman';">Statements</span><span style="font-family: 'Times New Roman';"></span></span></p>
<p style="margin: 6pt 0px 0px; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 9pt;"><span style="font-style: italic;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></span></p>
</ix:exclude>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">b. Financial investments</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"> and</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"> </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">c</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">urrency and </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">i</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">nterest </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">r</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ate </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">h</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">edging </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">i</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">nstruments&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ugp:ScheduleOfFinancialInvestmentsAndHedgeDerivativeFinancialInstrumentsTableTextBlock" id="Tag1635" escape="true">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The financial investments</span><span style="font-family: 'Times New Roman';"> which are not classified as cash and cash equivalents</span><span style="font-family: 'Times New Roman';"> are </span><span style="font-family: 'Times New Roman';">presented</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as follows:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_LBWUI67GCW00000000000000000000b">
<table cellpadding="0" style="height: 172px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial investments </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> In local currency </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 73%;">
<p style="margin: 0pt 0pt 0pt 20pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.75pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fixed-income securities and funds </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:FinancialInvestmentsInLocalCurrency" unitRef="BRL" id="Tag1593" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,607,608</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:FinancialInvestmentsInLocalCurrency" unitRef="BRL" id="Tag1597" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,749,852</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> In foreign currency </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 20pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.75pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fixed-income securities and funds </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:FinancialInvestmentsInForeignCurrency" unitRef="BRL" id="Tag1632" decimals="-3" scale="3" format="ixt:num-dot-decimal">103,239</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:FinancialInvestmentsInForeignCurrency" unitRef="BRL" id="Tag1598" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,278,940</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Currency and interest rate hedging instruments (a) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:CurencyAndInterestRateHedgingInstruments" unitRef="BRL" id="Tag1605" decimals="-3" scale="3" format="ixt:num-dot-decimal">472,552</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:CurencyAndInterestRateHedgingInstruments" unitRef="BRL" id="Tag1603" decimals="-3" scale="3" format="ixt:num-dot-decimal">981,874</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total financial investments </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:FinancialInvestments" unitRef="BRL" id="Tag1606" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,183,399</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:FinancialInvestments" unitRef="BRL" id="Tag1602" decimals="-3" scale="3" format="ixt:num-dot-decimal">6,010,666</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:FinancialInvestmentsCurrent" unitRef="BRL" id="Tag1600" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,804,122</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:FinancialInvestmentsCurrent" unitRef="BRL" id="Tag1596" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,033,258</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Non-current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:FinancialInvestmentsNoncurrent" unitRef="BRL" id="Tag1648" decimals="-3" scale="3" format="ixt:num-dot-decimal">379,277</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:FinancialInvestmentsNoncurrent" unitRef="BRL" id="Tag1601" decimals="-3" scale="3" format="ixt:num-dot-decimal">977,408</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote15"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(a) Accumulated gains, net of income tax (see Note 33.i).</span></ix:footnote></p>
</ix:nonNumeric>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</div>
</div><div id="Normadiv222" style="font-family: 'times new roman', times; font-size: 10pt;">
<div style="border-left: none; border-right: none;">
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:DisclosureOfTradeAndOtherReceivablesExplanatory" id="Tag4157" escape="true">
<p style="margin: 0pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">6</span><span style="font-family: 'Times New Roman'; font-weight: bold;">. Trade </span><span style="font-family: 'Times New Roman'; font-weight: bold;">r</span><span style="font-family: 'Times New Roman'; font-weight: bold;">eceivables </span><span style="font-family: 'Times New Roman'; font-weight: bold;">and </span><span style="font-family: 'Times New Roman'; font-weight: bold;">r</span><span style="font-family: 'Times New Roman'; font-weight: bold;">eseller </span><span style="font-family: 'Times New Roman'; font-weight: bold;">f</span><span style="font-family: 'Times New Roman'; font-weight: bold;">inancing</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">a. Trade </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">r</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">eceivables</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_TradeReceivablesMember_1" name="ugp:DisclosureOfTradeReceivablesCompositionExplanatory" id="Tag2126" escape="true">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The </span><span style="font-family: 'Times New Roman';">composition</span><span style="font-family: 'Times New Roman';"> of t</span><span style="font-family: 'Times New Roman';">rade receivables </span><span style="font-family: 'Times New Roman';">is</span><span style="font-family: 'Times New Roman';"> as follows:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_TIEJ424GCG00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 155px;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 73%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Domestic customers </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; width: 2%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_TradeReceivablesMember_DomesticCustomersMember" name="ugp:TradeReceivablesGross" unitRef="BRL" id="Tag1827" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,805,756</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_TradeReceivablesMember_DomesticCustomersMember" name="ugp:TradeReceivablesGross" unitRef="BRL" id="Tag2052" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,443,641</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Domestic customers &#8211; related parties (see Note 9.a) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_TradeReceivablesMember_DomesticCustomersMember" name="ugp:TradeReceivablesDueFromRelatedPartiesGross" unitRef="BRL" id="Tag2061" decimals="-3" scale="3" format="ixt:num-dot-decimal">57</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_TradeReceivablesMember_DomesticCustomersMember" name="ugp:TradeReceivablesDueFromRelatedPartiesGross" unitRef="BRL" id="Tag1848" decimals="-3" scale="3" format="ixt:num-dot-decimal">151</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Foreign customers </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_TradeReceivablesMember_ForeignCustomersMember" name="ugp:TradeReceivablesGross" unitRef="BRL" id="Tag2042" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,137</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_TradeReceivablesMember_ForeignCustomersMember" name="ugp:TradeReceivablesGross" unitRef="BRL" id="Tag1832" decimals="-3" scale="3" format="ixt:num-dot-decimal">326,442</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Foreign customers &#8211; related parties (see Note 9.a) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_TradeReceivablesMember_ForeignCustomersMember" name="ugp:TradeReceivablesDueFromRelatedPartiesGross" unitRef="BRL" id="Tag1812" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,400</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_TradeReceivablesMember_ForeignCustomersMember" name="ugp:TradeReceivablesDueFromRelatedPartiesGross" unitRef="BRL" id="Tag1818" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,984</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (-) Loss allowance for expected credit losses </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231_TradeReceivablesMember_1" name="ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets" unitRef="BRL" id="Tag1840" decimals="-3" scale="3" format="ixt:num-dot-decimal">374,355</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_TradeReceivablesMember_1" name="ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets" unitRef="BRL" id="Tag1820" decimals="-3" scale="3" format="ixt:num-dot-decimal">382,096</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_TradeReceivablesMember_1" name="ifrs-full:TradeReceivables" unitRef="BRL" id="Tag7297" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,438,995</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_TradeReceivablesMember_1" name="ifrs-full:TradeReceivables" unitRef="BRL" id="Tag1650" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,391,122</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Current </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_TradeReceivablesMember_1" name="ifrs-full:CurrentTradeReceivables" unitRef="BRL" id="Tag1819" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,375,246</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_TradeReceivablesMember_1" name="ifrs-full:CurrentTradeReceivables" unitRef="BRL" id="Tag1655" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,318,927</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Non-current </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_TradeReceivablesMember_1" name="ifrs-full:NoncurrentTradeReceivables" unitRef="BRL" id="Tag2050" decimals="-3" scale="3" format="ixt:num-dot-decimal">63,749</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_TradeReceivablesMember_1" name="ifrs-full:NoncurrentTradeReceivables" unitRef="BRL" id="Tag1659" decimals="-3" scale="3" format="ixt:num-dot-decimal">72,195</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
<ix:exclude>
<div>
<div><br/></div>
</div>
<div>
<div id="t_ft_0JCBP1F2HS00000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-41</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements<br/></div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
</ix:exclude>
</div>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<ix:nonNumeric contextRef="D20211231_TradeReceivablesMember_1" name="ugp:DisclosureOfTradeReceivablesBreakdownExplanatory" id="Tag2134" escape="true">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The breakdown of trade receivables, gross</span><span style="font-family: 'Times New Roman';"> of </span><span style="font-family: 'Times New Roman';">loss allowance for expected credit losses</span><span style="font-family: 'Times New Roman';">, is as follows:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_B289WFEEFK00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 61px;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td colspan="13" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Past due </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Current </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> less than 30 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 31-60 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 61-90 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 91-180 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> more than 180 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 17%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 10%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:TradeReceivablesGross" unitRef="BRL" id="Tag1663" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,813,350</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 10%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_CurrentMember" name="ugp:TradeReceivablesGross" unitRef="BRL" id="Tag1834" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,131,528</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 10%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_NotLaterThanOneMonthMember" name="ugp:TradeReceivablesGross" unitRef="BRL" id="Tag2049" decimals="-3" scale="3" format="ixt:num-dot-decimal">90,024</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 10%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_LaterThanOneMonthAndNotLaterThanTwoMonthsMember" name="ugp:TradeReceivablesGross" unitRef="BRL" id="Tag1851" decimals="-3" scale="3" format="ixt:num-dot-decimal">33,255</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 10%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember" name="ugp:TradeReceivablesGross" unitRef="BRL" id="Tag1661" decimals="-3" scale="3" format="ixt:num-dot-decimal">24,804</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 10%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember" name="ugp:TradeReceivablesGross" unitRef="BRL" id="Tag1813" decimals="-3" scale="3" format="ixt:num-dot-decimal">23,903</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 10%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_LaterThanSixMonthsMember" name="ugp:TradeReceivablesGross" unitRef="BRL" id="Tag1894" decimals="-3" scale="3" format="ixt:num-dot-decimal">509,836</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:TradeReceivablesGross" unitRef="BRL" id="Tag1675" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,773,218</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_CurrentMember" name="ugp:TradeReceivablesGross" unitRef="BRL" id="Tag1823" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,963,163</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_NotLaterThanOneMonthMember" name="ugp:TradeReceivablesGross" unitRef="BRL" id="Tag1844" decimals="-3" scale="3" format="ixt:num-dot-decimal">124,606</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_LaterThanOneMonthAndNotLaterThanTwoMonthsMember" name="ugp:TradeReceivablesGross" unitRef="BRL" id="Tag1821" decimals="-3" scale="3" format="ixt:num-dot-decimal">27,970</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember" name="ugp:TradeReceivablesGross" unitRef="BRL" id="Tag2041" decimals="-3" scale="3" format="ixt:num-dot-decimal">21,389</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember" name="ugp:TradeReceivablesGross" unitRef="BRL" id="Tag1895" decimals="-3" scale="3" format="ixt:num-dot-decimal">47,169</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_LaterThanSixMonthsMember" name="ugp:TradeReceivablesGross" unitRef="BRL" id="Tag1668" decimals="-3" scale="3" format="ixt:num-dot-decimal">588,921</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_TradeReceivablesMember_1" name="ugp:DisclosureOfBreakdownOfAllowanceForExpectedCreditLossesOnDoubtfulAccountsExplanatoryTextBlock" id="Tag2135" escape="true">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The breakdown of </span><span style="font-family: 'Times New Roman';">loss allowance for expected credit losses</span><span style="font-family: 'Times New Roman';">, is as follows:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_XVGJSX1W5C00000000000000000000b">
<table cellpadding="0" style="height: 61px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td colspan="13" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Past due </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Current </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> less than 30 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 31-60 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 61-90 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 91-180 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> more than 180 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_TradeReceivablesMember_5" name="ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets" unitRef="BRL" id="Tag1673" decimals="-3" scale="3" format="ixt:num-dot-decimal">374,355</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_TradeReceivablesMember_CurrentMember" name="ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets" unitRef="BRL" id="Tag2046" decimals="-3" scale="3" format="ixt:num-dot-decimal">21,962</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_TradeReceivablesMember_NotLaterThanOneMonthMember" name="ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets" unitRef="BRL" id="Tag1846" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,595</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_TradeReceivablesMember_LaterThanOneMonthAndNotLaterThanTwoMonthsMember" name="ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets" unitRef="BRL" id="Tag1842" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,049</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_TradeReceivablesMember_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember" name="ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets" unitRef="BRL" id="Tag1822" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,761</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_TradeReceivablesMember_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember" name="ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets" unitRef="BRL" id="Tag1896" decimals="-3" scale="3" format="ixt:num-dot-decimal">14,926</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_TradeReceivablesMember_LaterThanSixMonthsMember" name="ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets" unitRef="BRL" id="Tag1672" decimals="-3" scale="3" format="ixt:num-dot-decimal">330,062</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_TradeReceivablesMember_5" name="ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets" unitRef="BRL" id="Tag1808" decimals="-3" scale="3" format="ixt:num-dot-decimal">382,096</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_TradeReceivablesMember_CurrentMember" name="ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets" unitRef="BRL" id="Tag1807" decimals="-3" scale="3" format="ixt:num-dot-decimal">21,219</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_TradeReceivablesMember_NotLaterThanOneMonthMember" name="ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets" unitRef="BRL" id="Tag2043" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,154</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_TradeReceivablesMember_LaterThanOneMonthAndNotLaterThanTwoMonthsMember" name="ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets" unitRef="BRL" id="Tag1806" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,751</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_TradeReceivablesMember_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember" name="ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets" unitRef="BRL" id="Tag1651" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,233</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_TradeReceivablesMember_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember" name="ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets" unitRef="BRL" id="Tag1839" decimals="-3" scale="3" format="ixt:num-dot-decimal">13,378</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_TradeReceivablesMember_LaterThanSixMonthsMember" name="ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets" unitRef="BRL" id="Tag1837" decimals="-3" scale="3" format="ixt:num-dot-decimal">341,361</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_TradeReceivablesMember_InAccordanceWithIFRS9Member" name="ifrs-full:DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory" id="Tag2132" escape="true">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Movements in the allowance for </span><span style="font-family: 'Times New Roman';">loss allowance for expected credit losses</span><span style="font-family: 'Times New Roman';"> are as follows:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_GRRB0451C000000000000000000000b">
<table cellpadding="0" style="height: 170px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 82%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2019 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 2%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 15%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_TradeReceivablesMember" name="ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets" unitRef="BRL" id="Tag2044" decimals="-3" scale="3" format="ixt:num-dot-decimal">404,886</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Additions </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_TradeReceivablesMember" name="ifrs-full:AdditionalAllowanceRecognisedInProfitOrLossAllowanceAccountForCreditLossesOfFinancialAssets" unitRef="BRL" id="Tag2059" decimals="-3" scale="3" format="ixt:num-dot-decimal">194,220</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Reversals </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_TradeReceivablesMember" name="ifrs-full:ReversalAllowanceAccountForCreditLossesOfFinancialAssets" unitRef="BRL" id="Tag1829" decimals="-3" scale="3" format="ixt:num-dot-decimal">203,994</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Write-offs </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_TradeReceivablesMember" name="ifrs-full:ImpairmentLossOnFinancialAssets" unitRef="BRL" id="Tag1809" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">13,016</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_TradeReceivablesMember_5" name="ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets" unitRef="BRL" id="Tag1660" decimals="-3" scale="3" format="ixt:num-dot-decimal">382,096</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Additions </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_TradeReceivablesMember_1" name="ifrs-full:AdditionalAllowanceRecognisedInProfitOrLossAllowanceAccountForCreditLossesOfFinancialAssets" unitRef="BRL" id="Tag1670" decimals="-3" scale="3" format="ixt:num-dot-decimal">177,872</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Reversals </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_TradeReceivablesMember_1" name="ifrs-full:ReversalAllowanceAccountForCreditLossesOfFinancialAssets" unitRef="BRL" id="Tag1828" decimals="-3" scale="3" format="ixt:num-dot-decimal">150,160</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Write-offs </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_TradeReceivablesMember_1" name="ifrs-full:ImpairmentLossOnFinancialAssets" unitRef="BRL" id="Tag1831" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">18,646</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Reclassification to assets held for sale </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_TradeReceivablesMember_1" name="ugp:DecreaseThroughClassifiedAsHeldForSaleAllowanceAccountForCreditLossesOfFinancialAssets" unitRef="BRL" id="Tag1833" decimals="-3" scale="3" format="ixt:num-dot-decimal">16,807</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_TradeReceivablesMember_5" name="ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets" unitRef="BRL" id="Tag1826" decimals="-3" scale="3" format="ixt:num-dot-decimal">374,355</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">For </span><span style="font-family: 'Times New Roman';">more</span><span style="font-family: 'Times New Roman';"> information about the allowance for </span><span style="font-family: 'Times New Roman';">loss allowance for expected credit losses</span><span style="font-family: 'Times New Roman';"> see Note 33</span><span style="font-family: 'Times New Roman';">.d.3.</span></span></p>
<ix:exclude>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<div>
<div id="t_ft_YFJ8S6ZHNK00000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt; height: 17px;">
<tbody>
<tr style="height: 17px;">
<td class="pgno" style="padding: 0px; text-align: center; height: 17px;"><span style="font-size: 10pt;" class="pageno">F-42</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements<br/></div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
</ix:exclude>
<p style="font-size: 11pt; line-height: 115%; margin: 10pt 0pt 10pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">b. Reseller financing&#160;</span><br/></p>
<ix:nonNumeric contextRef="D20211231_ResellerFinancingIpirangaMember" name="ugp:DisclosureOfResellerFinancingCompositionExplanatory" id="Tag2131" escape="true">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The composition of reseller financing is as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_XATUVL3YN400000000000000000000b">
<table cellpadding="0" style="height: 102px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 70%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-size: 10pt;"> Reseller financing &#8211; Ipiranga </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 2%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_ResellerFinancingIpirangaMember" name="ugp:ResellerFinancingGross" unitRef="BRL" id="Tag2040" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,183,312</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_ResellerFinancingIpirangaMember" name="ugp:ResellerFinancingGross" unitRef="BRL" id="Tag2057" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,165,395</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (-) Loss allowance for expected credit losses </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231" name="ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets" unitRef="BRL" id="Tag1836" decimals="-3" scale="3" format="ixt:num-dot-decimal">185,278</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231" name="ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets" unitRef="BRL" id="Tag2054" decimals="-3" scale="3" format="ixt:num-dot-decimal">197,011</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:ResellerFinancing" unitRef="BRL" id="Tag2056" decimals="-3" scale="3" format="ixt:num-dot-decimal">998,034</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:ResellerFinancing" unitRef="BRL" id="Tag1847" decimals="-3" scale="3" format="ixt:num-dot-decimal">968,384</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Current </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:CurrentResellerFinancing" unitRef="BRL" id="Tag1656" decimals="-3" scale="3" format="ixt:num-dot-decimal">582,562</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:CurrentResellerFinancing" unitRef="BRL" id="Tag2047" decimals="-3" scale="3" format="ixt:num-dot-decimal">549,129</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Non-current </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:NonCurrentResellerFinancing" unitRef="BRL" id="Tag1664" decimals="-3" scale="3" format="ixt:num-dot-decimal">415,472</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:NonCurrentResellerFinancing" unitRef="BRL" id="Tag1669" decimals="-3" scale="3" format="ixt:num-dot-decimal">419,255</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
</tbody>
</table>
</div>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_ResellerFinancingIpirangaMember" name="ugp:DisclosureOfBreakdownOfResellerFinancingGrossOfExpectedLossesOnDoubtfulAccountsExplanatoryTextBlock" id="Tag2133" escape="true">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The breakdown of </span><span style="font-family: 'Times New Roman';">reseller financing</span><span style="font-family: 'Times New Roman';">, gross of </span><span style="font-family: 'Times New Roman';">loss allowance for expected credit losses</span><span style="font-family: 'Times New Roman';">, is as follows:&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_UX7488B7XC00000000000000000000b">
<table cellpadding="0" style="height: 84px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td colspan="13" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Past due </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;"><br/></td>
</tr>
<tr style="height: 33px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Current </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> less than 30 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 31-60 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 61-90 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 91-180 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> more than 180 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 17%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:ResellerFinancingGross" unitRef="BRL" id="Tag1815" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,183,312</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_CurrentMember" name="ugp:ResellerFinancingGross" unitRef="BRL" id="Tag1824" decimals="-3" scale="3" format="ixt:num-dot-decimal">770,008</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_NotLaterThanOneMonthMember" name="ugp:ResellerFinancingGross" unitRef="BRL" id="Tag1825" decimals="-3" scale="3" format="ixt:num-dot-decimal">19,260</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_LaterThanOneMonthAndNotLaterThanTwoMonthsMember" name="ugp:ResellerFinancingGross" unitRef="BRL" id="Tag2048" decimals="-3" scale="3" format="ixt:num-dot-decimal">24,290</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember" name="ugp:ResellerFinancingGross" unitRef="BRL" id="Tag2055" decimals="-3" scale="3" format="ixt:num-dot-decimal">14,373</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember" name="ugp:ResellerFinancingGross" unitRef="BRL" id="Tag1817" decimals="-3" scale="3" format="ixt:num-dot-decimal">26,685</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_LaterThanSixMonthsMember" name="ugp:ResellerFinancingGross" unitRef="BRL" id="Tag2062" decimals="-3" scale="3" format="ixt:num-dot-decimal">328,696</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:ResellerFinancingGross" unitRef="BRL" id="Tag1667" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,165,395</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_CurrentMember" name="ugp:ResellerFinancingGross" unitRef="BRL" id="Tag1814" decimals="-3" scale="3" format="ixt:num-dot-decimal">787,904</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_NotLaterThanOneMonthMember" name="ugp:ResellerFinancingGross" unitRef="BRL" id="Tag1677" decimals="-3" scale="3" format="ixt:num-dot-decimal">10,230</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_LaterThanOneMonthAndNotLaterThanTwoMonthsMember" name="ugp:ResellerFinancingGross" unitRef="BRL" id="Tag1810" decimals="-3" scale="3" format="ixt:num-dot-decimal">15,237</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember" name="ugp:ResellerFinancingGross" unitRef="BRL" id="Tag1811" decimals="-3" scale="3" format="ixt:num-dot-decimal">21,200</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember" name="ugp:ResellerFinancingGross" unitRef="BRL" id="Tag1649" decimals="-3" scale="3" format="ixt:num-dot-decimal">28,989</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_LaterThanSixMonthsMember" name="ugp:ResellerFinancingGross" unitRef="BRL" id="Tag1841" decimals="-3" scale="3" format="ixt:num-dot-decimal">301,835</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
</tr>
</tbody>
</table>
</div>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_ResellerFinancingIpirangaMember" name="ugp:DisclosureOfBreakdownOfAllowanceForExpectedCreditLossesOnDoubtfulAccountsExplanatoryTextBlock" id="Tag2125" escape="true">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The breakdown of </span><span style="font-family: 'Times New Roman';">loss allowance for expected credit losses</span><span style="font-family: 'Times New Roman';">, is as follows:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_8SIV5NEDDS00000000000000000000b">
<table cellpadding="0" style="height: 85px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.9576%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td colspan="13" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 57.9385%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Past due </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 1.08063%;"><br/></td>
</tr>
<tr style="height: 34px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 16.9576%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 0.997506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; border-bottom: 1px solid #000000; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Current </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; border-bottom: 1px solid #000000; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; border-bottom: 1px solid #000000; width: 10.0582%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> less than 30 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; border-bottom: 1px solid #000000; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; border-bottom: 1px solid #000000; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 31-60 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; border-bottom: 1px solid #000000; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; border-bottom: 1px solid #000000; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 61-90 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; border-bottom: 1px solid #000000; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 91-180 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; border-bottom: 1px solid #000000; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> more than 180 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; width: 1.08063%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.9576%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_ResellerFinancingIpirangaMember_1" name="ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets" unitRef="BRL" id="Tag1676" decimals="-3" scale="3" format="ixt:num-dot-decimal">185,278</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_CurrentMember_ResellerFinancingIpirangaMember" name="ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets" unitRef="BRL" id="Tag1850" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,514</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0582%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_NotLaterThanOneMonthMember_ResellerFinancingIpirangaMember" name="ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets" unitRef="BRL" id="Tag1849" decimals="-3" scale="3" format="ixt:num-dot-decimal">6,410</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_LaterThanOneMonthAndNotLaterThanTwoMonthsMember_ResellerFinancingIpirangaMember" name="ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets" unitRef="BRL" id="Tag1816" decimals="-3" scale="3" format="ixt:num-dot-decimal">8,697</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember_ResellerFinancingIpirangaMember" name="ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets" unitRef="BRL" id="Tag2058" decimals="-3" scale="3" format="ixt:num-dot-decimal">6,255</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember_ResellerFinancingIpirangaMember" name="ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets" unitRef="BRL" id="Tag1671" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,892</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_LaterThanSixMonthsMember_ResellerFinancingIpirangaMember" name="ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets" unitRef="BRL" id="Tag2060" decimals="-3" scale="3" format="ixt:num-dot-decimal">152,510</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 1.08063%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.9576%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_ResellerFinancingIpirangaMember_1" name="ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets" unitRef="BRL" id="Tag1657" decimals="-3" scale="3" format="ixt:num-dot-decimal">197,011</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_CurrentMember_ResellerFinancingIpirangaMember" name="ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets" unitRef="BRL" id="Tag2045" decimals="-3" scale="3" format="ixt:num-dot-decimal">22,872</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0582%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_NotLaterThanOneMonthMember_ResellerFinancingIpirangaMember" name="ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets" unitRef="BRL" id="Tag1843" decimals="-3" scale="3" format="ixt:num-dot-decimal">785</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_LaterThanOneMonthAndNotLaterThanTwoMonthsMember_ResellerFinancingIpirangaMember" name="ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets" unitRef="BRL" id="Tag2053" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,812</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember_ResellerFinancingIpirangaMember" name="ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets" unitRef="BRL" id="Tag1845" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,397</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember_ResellerFinancingIpirangaMember" name="ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets" unitRef="BRL" id="Tag1662" decimals="-3" scale="3" format="ixt:num-dot-decimal">14,684</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_LaterThanSixMonthsMember_ResellerFinancingIpirangaMember" name="ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets" unitRef="BRL" id="Tag2051" decimals="-3" scale="3" format="ixt:num-dot-decimal">154,461</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.08063%;"><br/></td>
</tr>
</tbody>
</table>
</div>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_ResellerFinancingIpirangaMember" name="ifrs-full:DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory" id="Tag2127" escape="true">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Movements in the allowance for </span><span style="font-family: 'Times New Roman';">loss allowance for expected credit losses</span><span style="font-family: 'Times New Roman';"> are as follows:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_GMRS6XF76O00000000000000000000b">
<table cellpadding="0" style="height: 154px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 82%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2019 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 2%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 15%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_ResellerFinancingIpirangaMember" name="ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets" unitRef="BRL" id="Tag1805" decimals="-3" scale="3" format="ixt:num-dot-decimal">156,006</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Additions </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_ResellerFinancingIpirangaMember" name="ifrs-full:AdditionalAllowanceRecognisedInProfitOrLossAllowanceAccountForCreditLossesOfFinancialAssets" unitRef="BRL" id="Tag1835" decimals="-3" scale="3" format="ixt:num-dot-decimal">74,745</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Reversals </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_ResellerFinancingIpirangaMember" name="ifrs-full:ReversalAllowanceAccountForCreditLossesOfFinancialAssets" unitRef="BRL" id="Tag1653" decimals="-3" scale="3" format="ixt:num-dot-decimal">29,791</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Write-offs </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_ResellerFinancingIpirangaMember" name="ifrs-full:ImpairmentLossOnFinancialAssets" unitRef="BRL" id="Tag1658" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">3,949</ix:nonFraction>) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_ResellerFinancingIpirangaMember_1" name="ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets" unitRef="BRL" id="Tag1674" decimals="-3" scale="3" format="ixt:num-dot-decimal">197,011</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Additions </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_ResellerFinancingIpirangaMember" name="ifrs-full:AdditionalAllowanceRecognisedInProfitOrLossAllowanceAccountForCreditLossesOfFinancialAssets" unitRef="BRL" id="Tag1830" decimals="-3" scale="3" format="ixt:num-dot-decimal">65,536</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Reversals </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_ResellerFinancingIpirangaMember" name="ifrs-full:ReversalAllowanceAccountForCreditLossesOfFinancialAssets" unitRef="BRL" id="Tag1652" decimals="-3" scale="3" format="ixt:num-dot-decimal">68,982</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Write-offs </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_ResellerFinancingIpirangaMember" name="ifrs-full:ImpairmentLossOnFinancialAssets" unitRef="BRL" id="Tag1838" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">8,287</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_ResellerFinancingIpirangaMember_1" name="ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets" unitRef="BRL" id="Tag1654" decimals="-3" scale="3" format="ixt:num-dot-decimal">185,278</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"><br/></td>
</tr>
</tbody>
</table>
</div>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">For </span><span style="font-family: 'Times New Roman';">more</span><span style="font-family: 'Times New Roman';"> information about the allowance for </span><span style="font-family: 'Times New Roman';">loss allowance for expected credit losses</span><span style="font-family: 'Times New Roman';"> see Note 33</span><span style="font-family: 'Times New Roman';">.d.3.</span></span></p>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><br/></p>
</div>
<div>
<div id="t_ft_5YYB10KYDC00000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-43</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
</div><div id="Normadiv223" style="font-family: 'times new roman', times; font-size: 10pt;">
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and SubsidiariesNotes to the Consolidated Financial Statements<br/></div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;"><br/></span></div>
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:DisclosureOfInventoriesExplanatory" id="Tag1678" escape="true">
<h1 style="margin: 0pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">7</span><span style="font-family: 'Times New Roman'; font-weight: bold;">. Inventories</span></span></h1>
<ix:nonNumeric contextRef="D20211231_3" name="ugp:DisclosureOfInventoriesCompositionExplanatory" id="Tag1595" escape="true">
<p style="margin: 4pt 0 0 0; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The composition of i</span><span style="font-family: 'Times New Roman';">nventories </span><span style="font-family: 'Times New Roman';">is</span><span style="font-family: 'Times New Roman';"> as follows:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_DWR35R1SRK00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 246px;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td colspan="7" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="7" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"><br/></td>
</tr>
<tr style="height: 33px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Provision for losses </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Net balance </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Provision for losses </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Net balance </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 29%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-size: 10pt;"> Fuels, lubricants and greases </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_FuelsLubricantsAndGreasesMember" name="ugp:InventoriesCost" unitRef="BRL" id="Tag1427" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,042,932</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231_FuelsLubricantsAndGreasesMember" name="ugp:ProvisionForLossesInventories" unitRef="BRL" id="Tag1448" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,871</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_FuelsLubricantsAndGreasesMember" name="ifrs-full:Inventories" unitRef="BRL" id="Tag1442" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,038,061</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_FuelsLubricantsAndGreasesMember" name="ugp:InventoriesCost" unitRef="BRL" id="Tag1461" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,682,841</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_FuelsLubricantsAndGreasesMember" name="ugp:ProvisionForLossesInventories" unitRef="BRL" id="Tag1463" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,344</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_FuelsLubricantsAndGreasesMember" name="ifrs-full:Inventories" unitRef="BRL" id="Tag6870" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,677,497</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Finished goods </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_FinishedGoodsMember" name="ugp:InventoriesCost" unitRef="BRL" id="Tag1471" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_FinishedGoodsMember" name="ugp:ProvisionForLossesInventories" unitRef="BRL" id="Tag1454" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_FinishedGoodsMember" name="ifrs-full:Inventories" unitRef="BRL" id="Tag1479" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_FinishedGoodsMember" name="ugp:InventoriesCost" unitRef="BRL" id="Tag1447" decimals="-3" scale="3" format="ixt:num-dot-decimal">646,180</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_FinishedGoodsMember" name="ugp:ProvisionForLossesInventories" unitRef="BRL" id="Tag1469" decimals="-3" scale="3" format="ixt:num-dot-decimal">22,281</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_FinishedGoodsMember" name="ifrs-full:Inventories" unitRef="BRL" id="Tag1472" decimals="-3" scale="3" format="ixt:num-dot-decimal">623,899</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Work in process </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_WorkInProcessMember" name="ugp:InventoriesCost" unitRef="BRL" id="Tag237" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_WorkInProcessMember" name="ugp:ProvisionForLossesInventories" unitRef="BRL" id="Tag1453" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_WorkInProcessMember" name="ifrs-full:Inventories" unitRef="BRL" id="Tag1414" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_WorkInProcessMember" name="ugp:InventoriesCost" unitRef="BRL" id="Tag1457" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,450</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_WorkInProcessMember" name="ugp:ProvisionForLossesInventories" unitRef="BRL" id="Tag1420" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_WorkInProcessMember" name="ifrs-full:Inventories" unitRef="BRL" id="Tag1462" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,450</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Raw materials </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_RawMaterialsMember" name="ugp:InventoriesCost" unitRef="BRL" id="Tag1437" decimals="-3" scale="3" format="ixt:num-dot-decimal">293,242</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_RawMaterialsMember" name="ugp:ProvisionForLossesInventories" unitRef="BRL" id="Tag1435" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_RawMaterialsMember" name="ifrs-full:Inventories" unitRef="BRL" id="Tag1452" decimals="-3" scale="3" format="ixt:num-dot-decimal">293,242</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_RawMaterialsMember" name="ugp:InventoriesCost" unitRef="BRL" id="Tag1444" decimals="-3" scale="3" format="ixt:num-dot-decimal">568,185</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_RawMaterialsMember" name="ugp:ProvisionForLossesInventories" unitRef="BRL" id="Tag1470" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,827</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_RawMaterialsMember" name="ifrs-full:Inventories" unitRef="BRL" id="Tag1483" decimals="-3" scale="3" format="ixt:num-dot-decimal">566,358</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Liquefied petroleum gas (LPG) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_LiquifiedPetroleumGasMember" name="ugp:InventoriesCost" unitRef="BRL" id="Tag1433" decimals="-3" scale="3" format="ixt:num-dot-decimal">151,831</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231_LiquifiedPetroleumGasMember" name="ugp:ProvisionForLossesInventories" unitRef="BRL" id="Tag1464" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,761</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_LiquifiedPetroleumGasMember" name="ifrs-full:Inventories" unitRef="BRL" id="Tag1431" decimals="-3" scale="3" format="ixt:num-dot-decimal">146,070</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_LiquifiedPetroleumGasMember" name="ugp:InventoriesCost" unitRef="BRL" id="Tag1419" decimals="-3" scale="3" format="ixt:num-dot-decimal">110,767</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_LiquifiedPetroleumGasMember" name="ugp:ProvisionForLossesInventories" unitRef="BRL" id="Tag1490" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,761</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_LiquifiedPetroleumGasMember" name="ifrs-full:Inventories" unitRef="BRL" id="Tag234" decimals="-3" scale="3" format="ixt:num-dot-decimal">105,006</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 33px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Consumable materials and other items for resale </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_ConsumableMaterialsAndOtherItemsForResaleMember" name="ugp:InventoriesCost" unitRef="BRL" id="Tag1465" decimals="-3" scale="3" format="ixt:num-dot-decimal">117,150</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231_ConsumableMaterialsAndOtherItemsForResaleMember" name="ugp:ProvisionForLossesInventories" unitRef="BRL" id="Tag1421" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,875</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_ConsumableMaterialsAndOtherItemsForResaleMember" name="ifrs-full:Inventories" unitRef="BRL" id="Tag1415" decimals="-3" scale="3" format="ixt:num-dot-decimal">115,275</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_ConsumableMaterialsAndOtherItemsForResaleMember" name="ugp:InventoriesCost" unitRef="BRL" id="Tag1441" decimals="-3" scale="3" format="ixt:num-dot-decimal">129,559</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_ConsumableMaterialsAndOtherItemsForResaleMember" name="ugp:ProvisionForLossesInventories" unitRef="BRL" id="Tag1488" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,598</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_ConsumableMaterialsAndOtherItemsForResaleMember" name="ifrs-full:Inventories" unitRef="BRL" id="Tag1487" decimals="-3" scale="3" format="ixt:num-dot-decimal">126,961</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px;"><br/></td>
</tr>
<tr style="height: 33px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Pharmaceutical, hygiene, and beauty products </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_PharmaceuticalHygieneBeautyProductsMember" name="ugp:InventoriesCost" unitRef="BRL" id="Tag1481" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_PharmaceuticalHygieneBeautyProductsMember" name="ugp:ProvisionForLossesInventories" unitRef="BRL" id="Tag1426" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_PharmaceuticalHygieneBeautyProductsMember" name="ifrs-full:Inventories" unitRef="BRL" id="Tag1467" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_PharmaceuticalHygieneBeautyProductsMember" name="ugp:InventoriesCost" unitRef="BRL" id="Tag235" decimals="-3" scale="3" format="ixt:num-dot-decimal">521,689</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_PharmaceuticalHygieneBeautyProductsMember" name="ugp:ProvisionForLossesInventories" unitRef="BRL" id="Tag1475" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,611</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_PharmaceuticalHygieneBeautyProductsMember" name="ifrs-full:Inventories" unitRef="BRL" id="Tag1451" decimals="-3" scale="3" format="ixt:num-dot-decimal">519,078</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Purchase for future delivery </span><span style="font-size: 8pt;"><sup><span style="font-family: 'Times New Roman'; vertical-align: super;">(1)</span></sup></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_PurchaseForFutureDeliveryMember" name="ugp:InventoriesCost" unitRef="BRL" id="Tag1456" decimals="-3" scale="3" format="ixt:num-dot-decimal">302,456</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231_PurchaseForFutureDeliveryMember" name="ugp:ProvisionForLossesInventories" unitRef="BRL" id="Tag1450" decimals="-3" scale="3" format="ixt:num-dot-decimal">464</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_PurchaseForFutureDeliveryMember" name="ifrs-full:Inventories" unitRef="BRL" id="Tag1482" decimals="-3" scale="3" format="ixt:num-dot-decimal">301,992</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_PurchaseForFutureDeliveryMember" name="ugp:InventoriesCost" unitRef="BRL" id="Tag1423" decimals="-3" scale="3" format="ixt:num-dot-decimal">198,986</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_PurchaseForFutureDeliveryMember" name="ugp:ProvisionForLossesInventories" unitRef="BRL" id="Tag1416" decimals="-3" scale="3" format="ixt:num-dot-decimal">464</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_PurchaseForFutureDeliveryMember" name="ifrs-full:Inventories" unitRef="BRL" id="Tag1445" decimals="-3" scale="3" format="ixt:num-dot-decimal">198,522</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Properties for resale </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_PropertiesForResaleMember" name="ugp:InventoriesCost" unitRef="BRL" id="Tag1491" decimals="-3" scale="3" format="ixt:num-dot-decimal">24,239</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231_PropertiesForResaleMember" name="ugp:ProvisionForLossesInventories" unitRef="BRL" id="Tag1430" decimals="-3" scale="3" format="ixt:num-dot-decimal">107</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_PropertiesForResaleMember" name="ifrs-full:Inventories" unitRef="BRL" id="Tag1466" decimals="-3" scale="3" format="ixt:num-dot-decimal">24,132</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_PropertiesForResaleMember" name="ugp:InventoriesCost" unitRef="BRL" id="Tag1439" decimals="-3" scale="3" format="ixt:num-dot-decimal">27,532</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_PropertiesForResaleMember" name="ugp:ProvisionForLossesInventories" unitRef="BRL" id="Tag1418" decimals="-3" scale="3" format="ixt:num-dot-decimal">107</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_PropertiesForResaleMember" name="ifrs-full:Inventories" unitRef="BRL" id="Tag1459" decimals="-3" scale="3" format="ixt:num-dot-decimal">27,425</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:InventoriesCost" unitRef="BRL" id="Tag1429" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,931,850</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231" name="ugp:ProvisionForLossesInventories" unitRef="BRL" id="Tag1440" decimals="-3" scale="3" format="ixt:num-dot-decimal">13,078</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ifrs-full:Inventories" unitRef="BRL" id="Tag1468" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,918,772</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:InventoriesCost" unitRef="BRL" id="Tag7298" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,887,189</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231" name="ugp:ProvisionForLossesInventories" unitRef="BRL" id="Tag1473" decimals="-3" scale="3" format="ixt:num-dot-decimal">40,993</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ifrs-full:Inventories" unitRef="BRL" id="Tag1425" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,846,196</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt;"><sup><span style="font-family: 'Times New Roman'; vertical-align: super;">(1)</span></sup><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote16"><span style="font-family: 'Times New Roman';"> Refers </span><span style="font-family: 'Times New Roman';">substantially </span><span style="font-family: 'Times New Roman';">to </span><span style="font-family: 'Times New Roman';">ethanol, biodiesel</span><span style="font-family: 'Times New Roman';"> and advances for fuel acquisition.</span></ix:footnote></span></p>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ugp:DisclosureOfProvisionForLossesExplanatory" id="Tag1592" escape="true">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Movements in the provision for losses are as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_OU6B19VBYO00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 84%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2018 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 15%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20181231" name="ugp:ProvisionForLossesInventories" unitRef="BRL" id="Tag1489" decimals="-3" scale="3" format="ixt:num-dot-decimal">42,587</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0395%;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 84%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Reversals to net realizable value adjustment </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 15%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231" name="ugp:DecreaseThroughReversalsToNetRealizableValueAdjustmentProvisionsForLossesInventories" unitRef="BRL" id="Tag1455" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,174</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.0395%;">)</td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 84%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-size: 10pt;"> Additions of obsolescence and other losses </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 15%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ugp:AdditionsToObsolescenceAndOtherLosses" unitRef="BRL" id="Tag236" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,296</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0395%;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 84%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-size: 10pt;"> Oxiteno Andina (i) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; width: 15%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231" name="ifrs-full:WritedownsReversalsOfInventories" unitRef="BRL" id="Tag1424" decimals="-3" scale="3" format="ixt:num-dot-decimal">985</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.0395%;">)</td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 84%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2019 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 15%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231" name="ugp:ProvisionForLossesInventories" unitRef="BRL" id="Tag1443" decimals="-3" scale="3" format="ixt:num-dot-decimal">40,724</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0395%;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 84%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-size: 10pt;"> Additions to net realizable value adjustment </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 15%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ugp:AdditionsToNetRealizableValueAdjustment" unitRef="BRL" id="Tag1458" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,245</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.0395%;"><br/></td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 84%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-size: 10pt;"> Reversals of obsolescence and other losses </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; width: 15%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_3" name="ugp:ReversalsOfObsolescenceAndOtherLosses" unitRef="BRL" id="Tag1480" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,976</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0395%;">)</td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 84%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 15%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:ProvisionForLossesInventories" unitRef="BRL" id="Tag1417" decimals="-3" scale="3" format="ixt:num-dot-decimal">40,993</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.0395%;"><br/></td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 84%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-size: 10pt;"> Additions to net realizable value adjustment </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 15%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ugp:AdditionsToNetRealizableValueAdjustment" unitRef="BRL" id="Tag1432" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,974</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0395%;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 84%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-size: 10pt;"> Reversals of obsolescence and other losses </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 15%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_3" name="ugp:ReversalsOfObsolescenceAndOtherLosses" unitRef="BRL" id="Tag1460" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,184</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.0395%;">)</td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 84%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Reclassification to assets held for sale </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 15%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_3" name="ugp:DecreaseThroughClassifiedAsHeldForSaleProvisionForLossesInventories" unitRef="BRL" id="Tag1434" decimals="-3" scale="3" format="ixt:num-dot-decimal">28,705</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0395%;">)</td>
</tr>
<tr style="height: 13.5pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 84%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; width: 15%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:ProvisionForLossesInventories" unitRef="BRL" id="Tag1438" decimals="-3" scale="3" format="ixt:num-dot-decimal">13,078</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.0395%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt;"><sup><span style="font-family: 'Times New Roman'; vertical-align: super;">(ii)</span></sup><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote17"><span style="font-family: 'Times New Roman';"> Refers to the asset write-offs of Oxiteno Andina in 2019</span><span style="font-family: 'Times New Roman';">.</span></ix:footnote></span></p>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ugp:DisclosureOfInventoriesProvisionForLossesExplanatory" id="Tag1594" escape="true">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The breakdown of provisions for losses related to inventories is shown in the table below:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_J6KSCFX6O000000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 85%; margin-left: auto; margin-right: auto;" width="85%">
<tbody>
<tr style="height: 12.75pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;"><br/></td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 73%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net realizable value adjustment </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:NetRealizableValueAdjustment" unitRef="BRL" id="Tag1422" decimals="-3" scale="3" format="ixt:num-dot-decimal">8,269</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:NetRealizableValueAdjustment" unitRef="BRL" id="Tag1428" decimals="-3" scale="3" format="ixt:num-dot-decimal">17,488</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Obsolescence and other losses </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:ObsolescenceAndOtherLosses" unitRef="BRL" id="Tag1486" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,809</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:ObsolescenceAndOtherLosses" unitRef="BRL" id="Tag1446" decimals="-3" scale="3" format="ixt:num-dot-decimal">23,505</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;"><br/></td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:ProvisionForLossesInventories" unitRef="BRL" id="Tag1436" decimals="-3" scale="3" format="ixt:num-dot-decimal">13,078</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:ProvisionForLossesInventories" unitRef="BRL" id="Tag1449" decimals="-3" scale="3" format="ixt:num-dot-decimal">40,993</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000;"><br/></td>
</tr>
</tbody>
</table>
</div>
</ix:nonNumeric>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<div>
<div id="t_ft_XM58IRY5DC00000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-44</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><span style="font-size: 10pt;"><a href="#TOC">Table of Contents</a></span></div>
</div>
</div><div id="Normadiv225" style="font-family: 'times new roman', times; font-size: 10pt;">
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements<br/></div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)&#160;</span></div>
<p style="margin-top: 0pt; margin-left: 14.2pt; margin-bottom: 0pt; text-indent: -14.2pt; text-align: justify; font-size: 11pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<ix:nonNumeric contextRef="D20211231_3" name="ugp:DisclosureOfTaxesToRecoverExplanatory" id="Tag4129" escape="true">
<p style="margin: 0pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">8</span><span style="font-weight: bold;">. Taxes</span><span style="font-weight: bold;"> to </span><span style="font-weight: bold;">r</span><span style="font-weight: bold;">ecover</span></span></p>
<p style="margin-top: 0pt; margin-left: 14.2pt; margin-bottom: 0pt; text-indent: -14.2pt; text-align: justify; font-size: 11pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">a. Recoverable </span><span style="font-style: italic; font-weight: bold;">t</span><span style="font-style: italic; font-weight: bold;">axes</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ugp:SummaryOfRecoverableTaxesTableTextBlock" id="Tag4127" escape="true">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Recoverable taxes are substantially represented by credits of Tax on Goods and Services (&#8220;ICMS&#8221;, the Brazilian VAT), Contribution for Social Security Financing (&#8220;COFINS&#8221;) and Social Integration Program (&#8220;PIS&#8221;).</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_170CBEDMNK00000000000000000000b">
<table cellpadding="0" style="height: 129px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 73%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> ICMS (a.1) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_ICMSMember" name="ifrs-full:ReceivablesFromTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag4080" decimals="-3" scale="3" format="ixt:num-dot-decimal">893,206</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_ICMSMember" name="ifrs-full:ReceivablesFromTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag7040" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,129,325</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> PIS and COFINS (a.2) (a.3) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_PisAndCofinsMember" name="ifrs-full:ReceivablesFromTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag4063" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,177,513</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_PisAndCofinsMember" name="ifrs-full:ReceivablesFromTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag4099" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,297,029</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Value-added tax (IVA) of foreign subsidiaries </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_ValueAddedTaxIvaOfForeignSubsidiariesMember" name="ifrs-full:ReceivablesFromTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag6216" decimals="-3" scale="3" format="ixt:num-dot-decimal">179</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_ValueAddedTaxIvaOfForeignSubsidiariesMember" name="ifrs-full:ReceivablesFromTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag3733" decimals="-3" scale="3" format="ixt:num-dot-decimal">35,600</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_OtherTaxesReceivableMember" name="ifrs-full:ReceivablesFromTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag7039" decimals="-3" scale="3" format="ixt:num-dot-decimal">37,127</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_OtherTaxesReceivableMember" name="ifrs-full:ReceivablesFromTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag3734" decimals="-3" scale="3" format="ixt:num-dot-decimal">57,704</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ifrs-full:ReceivablesFromTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag4113" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,108,025</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ifrs-full:ReceivablesFromTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag4078" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,519,658</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ifrs-full:CurrentReceivablesFromTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag7300" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,061,227</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ifrs-full:CurrentReceivablesFromTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag4083" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,044,850</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Non-current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ifrs-full:NoncurrentReceivablesFromTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag3611" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,046,798</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ifrs-full:NoncurrentReceivablesFromTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag3487" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,474,808</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
</tbody>
</table>
</div>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">a.1</span> The recoverable ICMS net of provision for losses is substantially related to the following subsidiaries and operations:</span></p>
<p style="text-align: justify; margin-left: 35px; margin-top: 10pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">(i) The subsidiaries Oxiteno S.A., Empresa Carioca de Produtos Qu&#237;micos S.A. (&#8220;EMCA&#8221;) and Oleoqu&#237;mica Ind&#250;stria e Com&#233;rcio de Produtos Qu&#237;micos Ltda. (&#8220;Oleoqu&#237;mica&#8221;) accumulate credits in the amount of R$ R$ <ix:nonFraction contextRef="I20201231_SubsidiariesGroupOneMember_ICMSMember" name="ifrs-full:ReceivablesFromTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag6869" decimals="-3" scale="3" format="ixt:num-dot-decimal">195,037</ix:nonFraction> as of December 31, 2020 due to sales and transfer transactions within and outside the State of Bahia at reduced rates.</span></p>
<p style="text-align: justify; margin-left: 35px; margin-top: 10pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">(ii) The subsidiaries IPP, Bahiana Distribuidora de G&#225;s Ltda. (&#8220;Bahiana&#8221;), Cia. Ultragaz, AMPM and Iconic Lubrificantes S.A. (&#8220;Iconic&#8221;) have credits in the amount of R$ <ix:nonFraction contextRef="I20211231_SubsidiariesGroupTwoMember_ICMSMember" name="ifrs-full:ReceivablesFromTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag7301" decimals="-3" scale="3" format="ixt:num-dot-decimal">893,206</ix:nonFraction> (R$ <ix:nonFraction contextRef="I20201231_SubsidiariesGroupTwoMember_ICMSMember" name="ifrs-full:ReceivablesFromTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag186" decimals="-3" scale="3" format="ixt:num-dot-decimal">754,882</ix:nonFraction> as of December 31, 2020) recognized, mainly, of the following nature: a) transactions of inputs and outputs of products subject to taxation of the own ICMS; b) interstate outflows of oil-related products, whose ICMS was prepaid by the supplier (Petr&#243;leo Brasileiro S.A. (&#8220;Petrobras&#8221;)), in the case of the subsidiaries IPP, Bahiana and Cia. Ultragaz and c) credits for refunds of the ICMS-ST (tax substitution) overpaid when the estimated calculation base is used higher than the actual operation practiced by the subsidiary IPP.&#160;</span></p>
<p style="text-align: justify; margin-left: 35px; margin-top: 10pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span>(iii)&#160;</span><span style="font-family: 'times new roman', times; font-size: 10pt;">As of December 31, 2021, the amount of R$ <ix:nonFraction contextRef="I20211231_SubsidiariesGroupThreeMember_ICMSMember" name="ugp:ReceivablesFromTaxesOtherThanIncomeTaxReclassifiedToAssetsHeldForSaleNetOfProvisionForImpairmentLosses" unitRef="BRL" id="Tag4055" decimals="-3" scale="3" format="ixt:num-dot-decimal">19,015</ix:nonFraction>, net of provision for impairment of assets, was reclassified to assets held for sale.&#160;</span>The subsidiary Extrafarma had ICMS credits and ICMS-ST (tax substitution) advances in the amount of R$ R$ <ix:nonFraction contextRef="I20201231_SubsidiariesGroupThreeMember_ICMSMember" name="ifrs-full:ReceivablesFromTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag4079" decimals="-3" scale="3" format="ixt:num-dot-decimal">179,405</ix:nonFraction> as of December 31, 2020, on the inflow and outflow of operations carried out by its distribution centers, mostly in the North and Northeast, as well as refunds of the ICMS-ST portion overpaid when the estimated calculation base is used higher than the actual operation. </span></p>
<p style="margin: 0pt; text-align: justify; margin-top: 10pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The amounts of recoverable ICMS are realized by the taxed operations itself, being a revolving credit, which means that the credits are monthly offset with the tax payable on sales and new credits are generated by the acquisition of inputs, as well as by the State's refund on tax substitution operations. Management estimates the realization of the credits classified in non-current assets within an average term of up to <ix:nonNumeric contextRef="D20211231_ICMSMember_TopOfRangeMember" name="ugp:RealizationOfTaxCreditPeriod" id="Tag4084" format="ixt-sec:duryear">5</ix:nonNumeric> years.</span></p>
<ix:exclude>
<p style="margin: 0pt; text-align: justify;"><br/></p>
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<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-45</span></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements<br/></div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
</ix:exclude>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; text-indent: -14.2pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The provision for ICMS losses, in the amount of R$ <ix:nonFraction contextRef="I20211231_SubsidiariesMember_ICMSMember" name="ugp:ReceivablesFromTaxesOtherThanIncomeTaxProvisionForImpairmentLosses" unitRef="BRL" id="Tag4112" decimals="-3" scale="3" format="ixt:num-dot-decimal">48,502</ix:nonFraction> (R$ <ix:nonFraction contextRef="I20201231_SubsidiariesMember_ICMSMember" name="ugp:ReceivablesFromTaxesOtherThanIncomeTaxProvisionForImpairmentLosses" unitRef="BRL" id="Tag4081" decimals="-3" scale="3" format="ixt:num-dot-decimal">52,338</ix:nonFraction> as of December 31, 2020), relates to tax credits of the subsidiaries.</span></p>
<p style="margin-top: 0pt; margin-left: 14.2pt; margin-bottom: 0pt; text-indent: -14.2pt; text-align: justify; font-size: 11pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">a.2</span> The recoverable PIS and COFINS is substantially related to:</span></p>
<p style="text-align: justify; margin-left: 35px; margin-top: 10pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">(i) The balance of PIS and COFINS includes credits recorded under Laws 10,637/2002 and 10,833/2003 in the amount of R$ <ix:nonFraction contextRef="I20211231_BrazilianFederalRevenueServiceMember_PisAndCofinsMember" name="ifrs-full:ReceivablesFromTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag4062" decimals="-3" scale="3" format="ixt:num-dot-decimal">607,373</ix:nonFraction> (R$ <ix:nonFraction contextRef="I20201231_BrazilianFederalRevenueServiceMember_PisAndCofinsMember" name="ifrs-full:ReceivablesFromTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag6389" decimals="-3" scale="3" format="ixt:num-dot-decimal">651,051</ix:nonFraction> as of December 31, 2020), whose realization will occur through the offset of debts administered by the Brazilian Federal Revenue Service (&#8220;RFB&#8221;) in an estimated term of up to <ix:nonNumeric contextRef="D20211231_BrazilianFederalRevenueServiceMember_PisAndCofinsMember_TopOfRangeMember" name="ugp:RealizationOfTaxCreditPeriod" id="Tag4054" format="ixt-sec:duryear">2</ix:nonNumeric>&#160;<span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">years&#160;</span>by management. As of December 31, 2021, the amount of R$ <ix:nonFraction contextRef="I20211231_BrazilianFederalRevenueServiceMember_PisAndCofinsMember" name="ugp:ReceivablesFromTaxesOtherThanIncomeTaxReclassifiedToAssetsHeldForSaleNetOfProvisionForImpairmentLosses" unitRef="BRL" id="Tag3612" decimals="-3" scale="3" format="ixt:num-dot-decimal">93,108</ix:nonFraction> was reclassified to assets held for sale, as per Note 3.a. </span></p>
<p style="text-align: justify; margin-left: 35px; margin-top: 10pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">(ii) The subsidiaries IPP, Tropical Transportes Ipiranga Ltda (&#8220;Tropical&#8221;), AMPM, Iconic and Ultragaz have credits in the amount of R$ <ix:nonFraction contextRef="I20211231_SubsidiariesGroupFourMember" name="ifrs-full:ReceivablesFromTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag4061" decimals="-3" scale="3" format="ixt:num-dot-decimal">570,140</ix:nonFraction> (R$ <ix:nonFraction contextRef="I20201231_SubsidiariesGroupFourMember" name="ifrs-full:ReceivablesFromTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag7299" decimals="-3" scale="3" format="ixt:num-dot-decimal">645,978</ix:nonFraction> as of December 31, 2020) resulting from a favorable decision on the exclusion of ICMS from the calculation basis of PIS and COFINS (see item a.3 below). The management estimates the realization of these credits within up to <ix:nonNumeric contextRef="D20211231_SubsidiariesGroupFourMember_PisAndCofinsMember_TopOfRangeMember" name="ugp:RealizationOfTaxCreditPeriod" id="Tag4058" format="ixt-sec:duryear">3</ix:nonNumeric> years. As of December 31, 2021, the amount of R$ <ix:nonFraction contextRef="I20211231_SubsidiariesGroupFourMember_PisAndCofinsMember" name="ugp:ReceivablesFromTaxesOtherThanIncomeTaxReclassifiedToAssetsHeldForSaleNetOfProvisionForImpairmentLosses" unitRef="BRL" id="Tag4076" decimals="-3" scale="3" format="ixt:num-dot-decimal">275,813</ix:nonFraction> was reclassified to assets held for sale, as per Note 3.c.1.</span></p>
<p style="margin: 0pt; text-align: justify; margin-top: 10pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The credit balance of PIS and COFINS is realized through the settlement of own debts in subsequent months or with other debts managed by the Receita Federal and social security for cases that the law allows.&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-weight: bold;">a.3</span> On March 15, 2017, due to general repercussions, the STF decided that ICMS does not compose the basis for calculating PIS and COFINS. After filing the Union's Embargoes for Clarification, the STF definitively ruled about the thesis on May 13, 2021, reaffirming the exclusion of the highlighted ICMS from the PIS and COFINS calculation basis and modulating the effects of the decision for the lawsuits filed after March 15, 2017. Certain subsidiaries have credits originated from favorable decisions on the exclusion of ICMS from the PIS and COFINS calculation base, having been recorded in results, up to the present year of 2021, the amount of R$ <ix:nonFraction contextRef="D20211231_SubsidiariesMember_PisAndCofinsMember" name="ugp:TaxCreditsReceivedForReceivablesFromTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag6204" decimals="-3" scale="3" format="ixt:num-dot-decimal">569,212</ix:nonFraction>, of which R$ <ix:nonFraction contextRef="D20211231_SubsidiariesMember_PisAndCofinsMember" name="ugp:ReceivablesFromTaxesOtherThanIncomeTaxPrincipalAmountReceived" unitRef="BRL" id="Tag4056" decimals="-3" scale="3" format="ixt:num-dot-decimal">279,598</ix:nonFraction> of principal and R$ <ix:nonFraction contextRef="D20211231_SubsidiariesMember_PisAndCofinsMember" name="ugp:ReceivablesFromTaxesOtherThanIncomeTaxMonetaryVariationAmountReceived" unitRef="BRL" id="Tag1665" decimals="-3" scale="3" format="ixt:num-dot-decimal">289,614</ix:nonFraction> of monetary variation (R$ <ix:nonFraction contextRef="D20201231_SubsidiariesMember_PisAndCofinsMember" name="ugp:TaxCreditsReceivedForReceivablesFromTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag4114" decimals="-3" scale="3" format="ixt:num-dot-decimal">154,225</ix:nonFraction>, of which R$&#160;</span><span style="font-size: 10pt; font-family: 'times new roman', times;"><ix:nonFraction contextRef="D20201231_3" name="ugp:ReceivablesFromTaxesOtherThanIncomeTaxPrincipalAmountReceived" unitRef="BRL" id="Tag187" decimals="-3" scale="3" format="ixt:num-dot-decimal">66,415</ix:nonFraction> of principal and R$ <ix:nonFraction contextRef="D20201231_SubsidiariesMember_PisAndCofinsMember" name="ugp:ReceivablesFromTaxesOtherThanIncomeTaxMonetaryVariationAmountReceived" unitRef="BRL" id="Tag4077" decimals="-3" scale="3" format="ixt:num-dot-decimal">87,810</ix:nonFraction> of monetary variation recognized in profit or loss up to 2020 &#8211; re-presented).</span></p>
<ix:exclude>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<div>
<div id="t_ft_KRVSW4CX9S00000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-46</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries&#160;</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements<br/></div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
</ix:exclude>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><br/></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">b. Recoverable income tax and social contribution taxes</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ugp:DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesExplanatory" id="Tag4098" escape="true">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Relates to IRPJ and CSLL to be recovered by the Company and its subsidiaries, arising from the tax advances of previous years, as well as referring to lawsuits the non-incidence of IRPJ and CSLL on the monetary variation (SELIC) in the repetition of undue payments (see note 10.e), with management estimating the realization of these credits within up to <ix:nonNumeric contextRef="D20211231_IrpjAndCsll1Member_TopOfRangeMember" name="ugp:RealizationOfTaxCreditPeriod" id="Tag1666" format="ixt-sec:duryear">5</ix:nonNumeric>&#160;</span><span style="font-family: 'Times New Roman'; font-size: 11pt;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">years.</span>&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;"><br/></span></p>
<div id="t_ft_XIQ4X4I17400000000000000000000b">
<table cellpadding="0" style="height: 47px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.869%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0582%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.0395%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.0395%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9543%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.0395%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 72.869%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> IRPJ and CSLL </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12.0582%; border-bottom: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_IrpjandcsllMember" name="ifrs-full:CurrentTaxAssets" unitRef="BRL" id="Tag4082" decimals="-3" scale="3" format="ixt:num-dot-decimal">447,191</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.0395%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.0395%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9543%; border-bottom: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_IrpjandcsllMember" name="ifrs-full:CurrentTaxAssets" unitRef="BRL" id="Tag6383" decimals="-3" scale="3" format="ixt:num-dot-decimal">627,285</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.0395%; border-bottom: 1pt solid #000000; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 72.869%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12.0582%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_IrpjandcsllMember" name="ifrs-full:CurrentTaxAssetsCurrent" unitRef="BRL" id="Tag3732" decimals="-3" scale="3" format="ixt:num-dot-decimal">291,833</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.0395%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.0395%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9543%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_IrpjandcsllMember" name="ifrs-full:CurrentTaxAssetsCurrent" unitRef="BRL" id="Tag4059" decimals="-3" scale="3" format="ixt:num-dot-decimal">366,080</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.0395%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 72.869%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Non-current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12.0582%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_IrpjandcsllMember" name="ifrs-full:CurrentTaxAssetsNoncurrent" unitRef="BRL" id="Tag4057" decimals="-3" scale="3" format="ixt:num-dot-decimal">155,358</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.0395%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.0395%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 11.9543%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_IrpjandcsllMember" name="ifrs-full:CurrentTaxAssetsNoncurrent" unitRef="BRL" id="Tag4060" decimals="-3" scale="3" format="ixt:num-dot-decimal">261,205</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.0395%;"><br/></td>
</tr>
</tbody>
</table>
</div>
</ix:nonNumeric>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</div>
</div><div id="Normadiv250" style="font-family: 'times new roman', times; font-size: 10pt;">
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:DisclosureOfRelatedPartyExplanatory" id="Tag6197" escape="true">
<div style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; text-indent: 0pt;">
<p style="margin: 0pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;"><span style="border-right: none; border-left: none;">9</span></span><span style="font-weight: bold;">. Related </span><span style="font-weight: bold;">p</span><span style="font-weight: bold;">arties</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span><br/></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">a. Related parties</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span><br/></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Balances and transactions between the Company and its subsidiaries have been eliminated in consolidation and are not disclosed in this note. The balances and transactions between the Company and its subsidiaries with other related parties are disclosed below:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span><br/></p>
<div style="border-left: none; border-right: none;">
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:DisclosureOfTransactionsBetweenRelatedPartiesExplanatory" id="Tag6195" escape="true">
<div>
<div style="border-left: none; border-right: none;">
<div id="t_ft_0RO1NZ8JQO00000000000000000000b">
<table cellpadding="0" style="height: 64px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.4638%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td colspan="4" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 26.294%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Loans </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.0352%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.4638%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9048%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Assets </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.0352%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.44928%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9048%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Liabilities </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; width: 1.0352%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 72.4638%; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Qu&#237;mica da Bahia Ind&#250;stria e Com&#233;rcio S.A.&#160;<span style="font-size: 8pt;"><sup>(1)</sup></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.9048%; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_QuimicaDaBahiaIndustriaEcomercioMember" name="ifrs-full:TradeAndOtherReceivablesDueFromRelatedParties" unitRef="BRL" id="Tag7239" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.0352%; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.44928%; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.9048%; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_QuimicaDaBahiaIndustriaEcomercioMember" name="ifrs-full:TradeAndOtherPayablesToRelatedParties" unitRef="BRL" id="Tag7026" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,875</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.0352%; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 72.4638%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Others&#160;<span style="font-size: 8pt;"><sup>(1)</sup></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9048%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_OtherRelatedPartiesMember" name="ifrs-full:TradeAndOtherReceivablesDueFromRelatedParties" unitRef="BRL" id="Tag6172" decimals="-3" scale="3" format="ixt:num-dot-decimal">490</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.0352%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.44928%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9048%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_OtherRelatedPartiesMember" name="ifrs-full:TradeAndOtherPayablesToRelatedParties" unitRef="BRL" id="Tag6039" decimals="-3" scale="3" format="ixt:num-dot-decimal">659</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.0352%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 72.4638%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total as of December 31, 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 11.9048%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ifrs-full:TradeAndOtherReceivablesDueFromRelatedParties" unitRef="BRL" id="Tag6033" decimals="-3" scale="3" format="ixt:num-dot-decimal">490</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.0352%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.44928%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 11.9048%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ifrs-full:TradeAndOtherPayablesToRelatedParties" unitRef="BRL" id="Tag5971" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,534</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 1.0352%;"><br/></td>
</tr>
</tbody>
</table>
</div>
</div>
<p style="font-size: 11pt; line-height: 115%; margin: 2pt 0pt 10pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;"> </span><br/></p>
<div id="t_ft_DPJIPRJABK00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 12.75pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 72.4532%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td colspan="4" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 26.4034%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Loans </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.0395%;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding: 0px; vertical-align: bottom; width: 72.4532%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 11.9543%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Assets </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.0395%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.4553%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 11.9543%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Liabilities </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; width: 1.0395%;"><br/></td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 72.4532%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Qu&#237;mica da Bahia Ind&#250;stria e Com&#233;rcio S.A. <span style="font-size: 8pt;"><sup>(1)</sup></span>&#160;</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.9543%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_QuimicaDaBahiaIndustriaEcomercioMember" name="ifrs-full:TradeAndOtherReceivablesDueFromRelatedParties" unitRef="BRL" id="Tag7235" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0395%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4553%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.9543%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_QuimicaDaBahiaIndustriaEcomercioMember" name="ifrs-full:TradeAndOtherPayablesToRelatedParties" unitRef="BRL" id="Tag7243" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,875</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0395%;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding: 0px; vertical-align: bottom; width: 72.4532%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Routeasy Servi&#231;os de Assessoria Log&#237;stica Ltda.<span style="font-size: 8pt;"><sup>(2)</sup></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.9543%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_RouteasyServicosDeAssessoriaLogisticaLtdaMember" name="ifrs-full:TradeAndOtherReceivablesDueFromRelatedParties" unitRef="BRL" id="Tag6126" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,334</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.0395%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4553%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.9543%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_RouteasyServicosDeAssessoriaLogisticaLtdaMember" name="ifrs-full:TradeAndOtherPayablesToRelatedParties" unitRef="BRL" id="Tag6114" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.0395%;"><br/></td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 72.4532%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Others <span style="font-size: 8pt;"><sup>(1)</sup></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.9543%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_OtherRelatedPartiesMember" name="ifrs-full:TradeAndOtherReceivablesDueFromRelatedParties" unitRef="BRL" id="Tag5924" decimals="-3" scale="3" format="ixt:num-dot-decimal">490</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0395%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4553%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.9543%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_OtherRelatedPartiesMember" name="ifrs-full:TradeAndOtherPayablesToRelatedParties" unitRef="BRL" id="Tag6096" decimals="-3" scale="3" format="ixt:num-dot-decimal">836</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0395%;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding: 0px; vertical-align: bottom; width: 72.4532%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total as of December 31, 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9543%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ifrs-full:TradeAndOtherReceivablesDueFromRelatedParties" unitRef="BRL" id="Tag6214" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,824</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.0395%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4553%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9543%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ifrs-full:TradeAndOtherPayablesToRelatedParties" unitRef="BRL" id="Tag5949" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,711</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 1.0395%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;"> </span><br/></p>
<div id="t_ft_D92OMHVSJK00000000000000000000b">
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td style="width: 1%; vertical-align: top;" valign="top"><sup><sup><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; vertical-align: super;">(1)</span></sup></sup></td>
<td style="width: 99%; vertical-align: top;" valign="top">
<div style="border-right: none; border-left: none;"><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote18"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Loans contracted have indefinite terms and do not contain remuneration clauses.</span></ix:footnote></div>
</td>
</tr>
<tr>
<td valign="top" style="vertical-align: top;"><sup><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(2)</span></sup></td>
<td valign="top" style="vertical-align: top;">
<div style="border-right: none; border-left: none;"><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote19"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">The loan contracted ha</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">s</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"> a term of <ix:nonNumeric contextRef="D20211231_RouteasyServicosDeAssessoriaLogisticaLtdaMember" name="ugp:ContractTermOfLoansReceivableFromRelatedParties" id="Tag6030" format="ixt-sec:durmonth">36</ix:nonNumeric> months</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">,</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"> can be extended by mutual agreement between the parties</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">,</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"> being remunerated by the DI plus <ix:nonNumeric contextRef="D20211231_RouteasyServicosDeAssessoriaLogisticaLtdaMember" name="ifrs-full:BorrowingsInterestRateBasis" id="Tag7244" escape="true">3</ix:nonNumeric>% p.a.</span></span></ix:footnote></div>
</td>
</tr>
</tbody>
</table>
</div>
<ix:exclude>
<div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><br/></p>
<div>
<div id="t_ft_AFK6H8LGFK00000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-47</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
</div>
<div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries&#160;</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements<br/></div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
</div>
</ix:exclude>
</div>
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;"> </span><br/></p>
<div id="t_ft_MKV3FX7XWW00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 5.3px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 208px;" width="100%">
<tbody>
<tr style="height: 10px;">
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 44.8684%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: impact, chicago; font-size: 9pt;"> &#160;&#160; </span></p>
</td>
<td colspan="10" style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; width: 53.7608%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Commercial transactions </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; width: 1.31579%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 44.8684%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9737%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Receivables </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.921053%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.05263%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9737%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Payables </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.921053%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.921053%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12.14%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Sales and services </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.831255%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.921053%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12.1053%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Purchases </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; width: 44.8684%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Refinaria de Petr&#243;leo Riograndense S.A. </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.9737%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_RefinariaDePetroleoRigrandenseMember" name="ifrs-full:AmountsReceivableRelatedPartyTransactions" unitRef="BRL" id="Tag6056" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.921053%; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.05263%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.9737%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_RefinariaDePetroleoRigrandenseMember" name="ifrs-full:AmountsPayableRelatedPartyTransactions" unitRef="BRL" id="Tag6040" decimals="-3" scale="3" format="ixt:num-dot-decimal">90,761</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.921053%; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.921053%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 12.14%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_RefinariaDePetroleoRigrandenseMember" name="ugp:CommercialTransactionsSalesAndServices" unitRef="BRL" id="Tag5870" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.831255%; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.921053%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 12.1053%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_RefinariaDePetroleoRigrandenseMember" name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" unitRef="BRL" id="Tag5952" decimals="-3" scale="3" format="ixt:num-dot-decimal">619,785</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.31579%; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 44.8684%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Uni&#227;o Vopak Armaz&#233;ns Gerais Ltda. </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_UniaoVopakArmazensGeraisLtdaMember" name="ifrs-full:AmountsReceivableRelatedPartyTransactions" unitRef="BRL" id="Tag5995" decimals="-3" scale="3" format="ixt:num-dot-decimal">57</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.05263%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_UniaoVopakArmazensGeraisLtdaMember" name="ifrs-full:AmountsPayableRelatedPartyTransactions" unitRef="BRL" id="Tag6077" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.14%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_UniaoVopakArmazensGeraisLtdaMember" name="ugp:CommercialTransactionsSalesAndServices" unitRef="BRL" id="Tag6012" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,402</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.831255%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.1053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_UniaoVopakArmazensGeraisLtdaMember" name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" unitRef="BRL" id="Tag5879" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 44.8684%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron (Thailand) Limited </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_ChevronThailandLimitedMember" name="ifrs-full:AmountsReceivableRelatedPartyTransactions" unitRef="BRL" id="Tag6076" decimals="-3" scale="3" format="ixt:num-dot-decimal">204</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.05263%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_ChevronThailandLimitedMember" name="ifrs-full:AmountsPayableRelatedPartyTransactions" unitRef="BRL" id="Tag5856" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.14%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_ChevronThailandLimitedMember" name="ugp:CommercialTransactionsSalesAndServices" unitRef="BRL" id="Tag6027" decimals="-3" scale="3" format="ixt:num-dot-decimal">675</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.831255%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.1053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_ChevronThailandLimitedMember" name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" unitRef="BRL" id="Tag7245" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,072</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 44.8684%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Lubricants Lanka PLC </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_ChevronLubricantsLankaPlcMember" name="ifrs-full:AmountsReceivableRelatedPartyTransactions" unitRef="BRL" id="Tag6026" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.05263%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_ChevronLubricantsLankaPlcMember" name="ifrs-full:AmountsPayableRelatedPartyTransactions" unitRef="BRL" id="Tag6041" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.14%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_ChevronLubricantsLankaPlcMember" name="ugp:CommercialTransactionsSalesAndServices" unitRef="BRL" id="Tag6086" decimals="-3" scale="3" format="ixt:num-dot-decimal">164</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.831255%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.1053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_ChevronLubricantsLankaPlcMember" name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" unitRef="BRL" id="Tag5933" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 44.8684%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Lubricants Oils S.A. </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_ChevronLubricantsOilsSAMember" name="ifrs-full:AmountsReceivableRelatedPartyTransactions" unitRef="BRL" id="Tag5994" decimals="-3" scale="3" format="ixt:num-dot-decimal">319</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.05263%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_ChevronLubricantsOilsSAMember" name="ifrs-full:AmountsPayableRelatedPartyTransactions" unitRef="BRL" id="Tag6049" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.14%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_ChevronLubricantsOilsSAMember" name="ugp:CommercialTransactionsSalesAndServices" unitRef="BRL" id="Tag6085" decimals="-3" scale="3" format="ixt:num-dot-decimal">786</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.831255%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.1053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_ChevronLubricantsOilsSAMember" name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" unitRef="BRL" id="Tag7825" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 44.8684%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Marine Products </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_ChevronMarineProductsMember" name="ifrs-full:AmountsReceivableRelatedPartyTransactions" unitRef="BRL" id="Tag6175" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,663</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.05263%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_ChevronMarineProductsMember" name="ifrs-full:AmountsPayableRelatedPartyTransactions" unitRef="BRL" id="Tag6007" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.14%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_ChevronMarineProductsMember" name="ugp:CommercialTransactionsSalesAndServices" unitRef="BRL" id="Tag6004" decimals="-3" scale="3" format="ixt:num-dot-decimal">24,583</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.831255%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.1053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_ChevronMarineProductsMember" name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" unitRef="BRL" id="Tag7268" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 44.8684%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Chevron Oronite Brasil LTDA. </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_ChevronOroniteBrasilLtdaMember" name="ifrs-full:AmountsReceivableRelatedPartyTransactions" unitRef="BRL" id="Tag7826" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.05263%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_ChevronOroniteBrasilLtdaMember" name="ifrs-full:AmountsPayableRelatedPartyTransactions" unitRef="BRL" id="Tag5947" decimals="-3" scale="3" format="ixt:num-dot-decimal">53,378</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.14%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_ChevronOroniteBrasilLtdaMember" name="ugp:CommercialTransactionsSalesAndServices" unitRef="BRL" id="Tag6182" decimals="-3" scale="3" format="ixt:num-dot-decimal">78</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.831255%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.1053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_ChevronOroniteBrasilLtdaMember" name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" unitRef="BRL" id="Tag6051" decimals="-3" scale="3" format="ixt:num-dot-decimal">150,878</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 44.8684%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Products Company </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_ChevronProductsCompanyMember" name="ifrs-full:AmountsReceivableRelatedPartyTransactions" unitRef="BRL" id="Tag5844" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.05263%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_ChevronProductsCompanyMember" name="ifrs-full:AmountsPayableRelatedPartyTransactions" unitRef="BRL" id="Tag5868" decimals="-3" scale="3" format="ixt:num-dot-decimal">158,557</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.14%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_ChevronProductsCompanyMember" name="ugp:CommercialTransactionsSalesAndServices" unitRef="BRL" id="Tag5936" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.831255%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.1053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_ChevronProductsCompanyMember" name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" unitRef="BRL" id="Tag7272" decimals="-3" scale="3" format="ixt:num-dot-decimal">789,452</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 44.8684%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Belgium NV </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_ChevronBelgiumNvMember" name="ifrs-full:AmountsReceivableRelatedPartyTransactions" unitRef="BRL" id="Tag5968" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.05263%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_ChevronBelgiumNvMember" name="ifrs-full:AmountsPayableRelatedPartyTransactions" unitRef="BRL" id="Tag7025" decimals="-3" scale="3" format="ixt:num-dot-decimal">821</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.14%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_ChevronBelgiumNvMember" name="ugp:CommercialTransactionsSalesAndServices" unitRef="BRL" id="Tag5912" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.831255%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.1053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_ChevronBelgiumNvMember" name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" unitRef="BRL" id="Tag5996" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,520</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 44.8684%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Chevron Petroleum CO Colombia&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_ChevronPetroleumCoColombiaMember" name="ifrs-full:AmountsReceivableRelatedPartyTransactions" unitRef="BRL" id="Tag5942" decimals="-3" scale="3" format="ixt:num-dot-decimal">214</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.05263%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_ChevronPetroleumCoColombiaMember" name="ifrs-full:AmountsPayableRelatedPartyTransactions" unitRef="BRL" id="Tag5894" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.14%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_ChevronPetroleumCoColombiaMember" name="ugp:CommercialTransactionsSalesAndServices" unitRef="BRL" id="Tag5918" decimals="-3" scale="3" format="ixt:num-dot-decimal">392</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.831255%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.1053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_ChevronPetroleumCoColombiaMember" name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" unitRef="BRL" id="Tag5926" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 44.8684%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total as of December 31, 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; background-color: #cceeff; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ifrs-full:AmountsReceivableRelatedPartyTransactions" unitRef="BRL" id="Tag5950" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,457</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.05263%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; background-color: #cceeff; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ifrs-full:AmountsPayableRelatedPartyTransactions" unitRef="BRL" id="Tag6108" decimals="-3" scale="3" format="ixt:num-dot-decimal">303,517</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; background-color: #cceeff; width: 12.14%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ugp:CommercialTransactionsSalesAndServices" unitRef="BRL" id="Tag6089" decimals="-3" scale="3" format="ixt:num-dot-decimal">28,080</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.831255%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; background-color: #cceeff; width: 12.1053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" unitRef="BRL" id="Tag5842" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,568,707</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; background-color: #cceeff; width: 1.31579%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<ix:exclude>
<p style="text-align: justify;"><br/></p>
<div>
<div id="t_ft_G920QI0AAO00000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-48</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements<br/></div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
</ix:exclude>
<p style="text-align: justify;"><br/></p>
<div id="t_ft_NUXZGNA5TS00000000000000000000b">
<table cellpadding="0" style="height: 282px; border-collapse: collapse; margin-left: 5.3px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 24.2105%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td colspan="19" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 75.4633%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Commercial transactions </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 1.18421%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 24.2105%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Receivables </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.31579%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 7.36842%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">Right-of-use </span><span style="font-weight: bold;">assets <span style="font-size: 8pt;"><sup>(1)</sup></span></span></span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.66208%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 8.02632%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Payables </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.31062%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">Leases </span><span style="font-weight: bold;">payable <span style="font-size: 8pt;"><sup><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(1)</span></sup></span></span></span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Sales and services </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.31579%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 8.68421%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Purchases </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 8.15789%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Expenses </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.18421%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 24.2105%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Oxicap Ind&#250;stria de Gases Ltda. </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_OxicapIndustriaDeGasesMember" name="ifrs-full:AmountsReceivableRelatedPartyTransactions" unitRef="BRL" id="Tag7238" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.36842%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_OxicapIndustriaDeGasesMember" name="ugp:RightOfUseAssetsRelatedPartyTransactions" unitRef="BRL" id="Tag6087" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.66208%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.02632%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_OxicapIndustriaDeGasesMember" name="ifrs-full:AmountsPayableRelatedPartyTransactions" unitRef="BRL" id="Tag7292" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,772</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31062%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_OxicapIndustriaDeGasesMember" name="ugp:LeasesPayableRelatedPartyTransactions" unitRef="BRL" id="Tag6148" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_OxicapIndustriaDeGasesMember" name="ugp:CommercialTransactionsSalesAndServices" unitRef="BRL" id="Tag7253" decimals="-3" scale="3" format="ixt:num-dot-decimal">471</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.68421%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_OxicapIndustriaDeGasesMember" name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" unitRef="BRL" id="Tag5889" decimals="-3" scale="3" format="ixt:num-dot-decimal">19,077</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.15789%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_OxicapIndustriaDeGasesMember" name="ugp:CommercialTransactionsExpenses" unitRef="BRL" id="Tag6070" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.18421%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 24.2105%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Refinaria de Petr&#243;leo Riograndense S.A. </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_RefinariaDePetroleoRigrandenseMember" name="ifrs-full:AmountsReceivableRelatedPartyTransactions" unitRef="BRL" id="Tag7242" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.36842%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_RefinariaDePetroleoRigrandenseMember" name="ugp:RightOfUseAssetsRelatedPartyTransactions" unitRef="BRL" id="Tag5944" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.66208%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.02632%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_RefinariaDePetroleoRigrandenseMember" name="ifrs-full:AmountsPayableRelatedPartyTransactions" unitRef="BRL" id="Tag5869" decimals="-3" scale="3" format="ixt:num-dot-decimal">65,215</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31062%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_RefinariaDePetroleoRigrandenseMember" name="ugp:LeasesPayableRelatedPartyTransactions" unitRef="BRL" id="Tag7227" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_RefinariaDePetroleoRigrandenseMember" name="ugp:CommercialTransactionsSalesAndServices" unitRef="BRL" id="Tag7257" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.68421%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_RefinariaDePetroleoRigrandenseMember" name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" unitRef="BRL" id="Tag5852" decimals="-3" scale="3" format="ixt:num-dot-decimal">314,587</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.15789%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_RefinariaDePetroleoRigrandenseMember" name="ugp:CommercialTransactionsExpenses" unitRef="BRL" id="Tag6093" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.18421%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 24.2105%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> ConectCar Solu&#231;&#245;es de Mobilidade Eletr&#244;nica S.A. </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_ConectCarSolucoesDeMobilidadeEletronicaMember" name="ifrs-full:AmountsReceivableRelatedPartyTransactions" unitRef="BRL" id="Tag6018" decimals="-3" scale="3" format="ixt:num-dot-decimal">151</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.36842%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_ConectCarSolucoesDeMobilidadeEletronicaMember" name="ugp:RightOfUseAssetsRelatedPartyTransactions" unitRef="BRL" id="Tag6079" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.66208%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.02632%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_ConectCarSolucoesDeMobilidadeEletronicaMember" name="ifrs-full:AmountsPayableRelatedPartyTransactions" unitRef="BRL" id="Tag6150" decimals="-3" scale="3" format="ixt:num-dot-decimal">104</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31062%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_ConectCarSolucoesDeMobilidadeEletronicaMember" name="ugp:LeasesPayableRelatedPartyTransactions" unitRef="BRL" id="Tag6028" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_ConectCarSolucoesDeMobilidadeEletronicaMember" name="ugp:CommercialTransactionsSalesAndServices" unitRef="BRL" id="Tag6112" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,062</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.68421%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_ConectCarSolucoesDeMobilidadeEletronicaMember" name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" unitRef="BRL" id="Tag6190" decimals="-3" scale="3" format="ixt:num-dot-decimal">154</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.15789%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_ConectCarSolucoesDeMobilidadeEletronicaMember" name="ugp:CommercialTransactionsExpenses" unitRef="BRL" id="Tag6215" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.18421%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 24.2105%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> LA&#8217;7 Participa&#231;&#245;es e Empreend. Imob. Ltda. (a) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_LA7ParticipaesEEmpreendImobLtdaMember" name="ifrs-full:AmountsReceivableRelatedPartyTransactions" unitRef="BRL" id="Tag6151" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.36842%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_LA7ParticipaesEEmpreendImobLtdaMember" name="ugp:RightOfUseAssetsRelatedPartyTransactions" unitRef="BRL" id="Tag6098" decimals="-3" scale="3" format="ixt:num-dot-decimal">8,635</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.66208%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.02632%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_LA7ParticipaesEEmpreendImobLtdaMember" name="ifrs-full:AmountsPayableRelatedPartyTransactions" unitRef="BRL" id="Tag6173" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31062%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_LA7ParticipaesEEmpreendImobLtdaMember" name="ugp:LeasesPayableRelatedPartyTransactions" unitRef="BRL" id="Tag6110" decimals="-3" scale="3" format="ixt:num-dot-decimal">8,044</ix:nonFraction> </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
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<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_LA7ParticipaesEEmpreendImobLtdaMember" name="ugp:CommercialTransactionsSalesAndServices" unitRef="BRL" id="Tag5932" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_LA7ParticipaesEEmpreendImobLtdaMember" name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" unitRef="BRL" id="Tag6159" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_LA7ParticipaesEEmpreendImobLtdaMember" name="ugp:CommercialTransactionsExpenses" unitRef="BRL" id="Tag6115" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,613</ix:nonFraction> </span></p>
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_ChevronThailandLimitedMember" name="ifrs-full:AmountsReceivableRelatedPartyTransactions" unitRef="BRL" id="Tag7286" decimals="-3" scale="3" format="ixt:num-dot-decimal">166</ix:nonFraction> </span></p>
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_ChevronThailandLimitedMember" name="ugp:RightOfUseAssetsRelatedPartyTransactions" unitRef="BRL" id="Tag7231" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.66208%;">
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_ChevronThailandLimitedMember" name="ifrs-full:AmountsPayableRelatedPartyTransactions" unitRef="BRL" id="Tag6163" decimals="-3" scale="3" format="ixt:num-dot-decimal">6</ix:nonFraction> </span></p>
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_ChevronThailandLimitedMember" name="ugp:LeasesPayableRelatedPartyTransactions" unitRef="BRL" id="Tag6000" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_ChevronThailandLimitedMember" name="ugp:CommercialTransactionsSalesAndServices" unitRef="BRL" id="Tag6075" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_ChevronThailandLimitedMember" name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" unitRef="BRL" id="Tag6058" decimals="-3" scale="3" format="ixt:num-dot-decimal">759</ix:nonFraction> </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_ChevronThailandLimitedMember" name="ugp:CommercialTransactionsExpenses" unitRef="BRL" id="Tag7267" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.18421%;"><br/></td>
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_ChevronBrasilOleosBasicosLtdaMember" name="ifrs-full:AmountsReceivableRelatedPartyTransactions" unitRef="BRL" id="Tag7236" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
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<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.36842%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_ChevronBrasilOleosBasicosLtdaMember" name="ugp:RightOfUseAssetsRelatedPartyTransactions" unitRef="BRL" id="Tag7259" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.66208%;">
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<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.02632%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_ChevronBrasilOleosBasicosLtdaMember" name="ifrs-full:AmountsPayableRelatedPartyTransactions" unitRef="BRL" id="Tag6156" decimals="-3" scale="3" format="ixt:num-dot-decimal">6</ix:nonFraction> </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
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<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_ChevronBrasilOleosBasicosLtdaMember" name="ugp:LeasesPayableRelatedPartyTransactions" unitRef="BRL" id="Tag5990" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_ChevronBrasilOleosBasicosLtdaMember" name="ugp:CommercialTransactionsSalesAndServices" unitRef="BRL" id="Tag7290" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_ChevronBrasilOleosBasicosLtdaMember" name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" unitRef="BRL" id="Tag5841" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_ChevronBrasilOleosBasicosLtdaMember" name="ugp:CommercialTransactionsExpenses" unitRef="BRL" id="Tag6155" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_ChevronLatinAmericaMarketingLlcMember" name="ifrs-full:AmountsReceivableRelatedPartyTransactions" unitRef="BRL" id="Tag5984" decimals="-3" scale="3" format="ixt:num-dot-decimal">118</ix:nonFraction> </span></p>
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_ChevronLatinAmericaMarketingLlcMember" name="ugp:CommercialTransactionsExpenses" unitRef="BRL" id="Tag6103" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.18421%;"><br/></td>
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<tr style="height: 17px;">
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_ChevronLubricantsLankaPlcMember" name="ifrs-full:AmountsReceivableRelatedPartyTransactions" unitRef="BRL" id="Tag6165" decimals="-3" scale="3" format="ixt:num-dot-decimal">3</ix:nonFraction> </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_ChevronLubricantsLankaPlcMember" name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" unitRef="BRL" id="Tag6130" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_ChevronLubricantsLankaPlcMember" name="ugp:CommercialTransactionsExpenses" unitRef="BRL" id="Tag5993" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_ChevronLubricantsOilsSAMember" name="ifrs-full:AmountsReceivableRelatedPartyTransactions" unitRef="BRL" id="Tag7258" decimals="-3" scale="3" format="ixt:num-dot-decimal">823</ix:nonFraction> </span></p>
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_ChevronLubricantsOilsSAMember" name="ugp:RightOfUseAssetsRelatedPartyTransactions" unitRef="BRL" id="Tag6038" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.66208%;">
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_ChevronLubricantsOilsSAMember" name="ifrs-full:AmountsPayableRelatedPartyTransactions" unitRef="BRL" id="Tag6100" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_ChevronLubricantsOilsSAMember" name="ugp:LeasesPayableRelatedPartyTransactions" unitRef="BRL" id="Tag6063" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_ChevronLubricantsOilsSAMember" name="ugp:CommercialTransactionsSalesAndServices" unitRef="BRL" id="Tag5867" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_ChevronLubricantsOilsSAMember" name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" unitRef="BRL" id="Tag7254" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_ChevronLubricantsOilsSAMember" name="ugp:CommercialTransactionsExpenses" unitRef="BRL" id="Tag7222" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.18421%;"><br/></td>
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<tr style="height: 17px;">
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Marine Products </span></p>
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_ChevronMarineProductsMember" name="ifrs-full:AmountsReceivableRelatedPartyTransactions" unitRef="BRL" id="Tag7264" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,873</ix:nonFraction> </span></p>
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_ChevronMarineProductsMember" name="ugp:RightOfUseAssetsRelatedPartyTransactions" unitRef="BRL" id="Tag6157" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.66208%;">
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_ChevronMarineProductsMember" name="ifrs-full:AmountsPayableRelatedPartyTransactions" unitRef="BRL" id="Tag6015" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
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<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_ChevronMarineProductsMember" name="ugp:LeasesPayableRelatedPartyTransactions" unitRef="BRL" id="Tag6187" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_ChevronMarineProductsMember" name="ugp:CommercialTransactionsSalesAndServices" unitRef="BRL" id="Tag6067" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_ChevronOroniteBrasilLtdaMember" name="ifrs-full:AmountsPayableRelatedPartyTransactions" unitRef="BRL" id="Tag5953" decimals="-3" scale="3" format="ixt:num-dot-decimal">37,482</ix:nonFraction> </span></p>
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</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_ChevronOroniteBrasilLtdaMember" name="ugp:LeasesPayableRelatedPartyTransactions" unitRef="BRL" id="Tag5987" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_ChevronOroniteBrasilLtdaMember" name="ugp:CommercialTransactionsSalesAndServices" unitRef="BRL" id="Tag7289" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.68421%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_ChevronOroniteBrasilLtdaMember" name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" unitRef="BRL" id="Tag6127" decimals="-3" scale="3" format="ixt:num-dot-decimal">108,198</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.15789%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_ChevronOroniteBrasilLtdaMember" name="ugp:CommercialTransactionsExpenses" unitRef="BRL" id="Tag7280" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.18421%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 24.2105%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Products Company </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_ChevronProductsCompanyMember" name="ifrs-full:AmountsReceivableRelatedPartyTransactions" unitRef="BRL" id="Tag7233" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.36842%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_ChevronProductsCompanyMember" name="ugp:RightOfUseAssetsRelatedPartyTransactions" unitRef="BRL" id="Tag7256" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.66208%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.02632%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_ChevronProductsCompanyMember" name="ifrs-full:AmountsPayableRelatedPartyTransactions" unitRef="BRL" id="Tag5845" decimals="-3" scale="3" format="ixt:num-dot-decimal">87,754</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31062%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_ChevronProductsCompanyMember" name="ugp:LeasesPayableRelatedPartyTransactions" unitRef="BRL" id="Tag6019" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_ChevronProductsCompanyMember" name="ugp:CommercialTransactionsSalesAndServices" unitRef="BRL" id="Tag6014" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.68421%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_ChevronProductsCompanyMember" name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" unitRef="BRL" id="Tag5880" decimals="-3" scale="3" format="ixt:num-dot-decimal">247,578</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.15789%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_ChevronProductsCompanyMember" name="ugp:CommercialTransactionsExpenses" unitRef="BRL" id="Tag7276" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.18421%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 24.2105%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Belgium NV </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_ChevronBelgiumNvMember" name="ifrs-full:AmountsReceivableRelatedPartyTransactions" unitRef="BRL" id="Tag6094" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.36842%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_ChevronBelgiumNvMember" name="ugp:RightOfUseAssetsRelatedPartyTransactions" unitRef="BRL" id="Tag6008" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.66208%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.02632%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_ChevronBelgiumNvMember" name="ifrs-full:AmountsPayableRelatedPartyTransactions" unitRef="BRL" id="Tag5886" decimals="-3" scale="3" format="ixt:num-dot-decimal">785</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31062%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_ChevronBelgiumNvMember" name="ugp:LeasesPayableRelatedPartyTransactions" unitRef="BRL" id="Tag5861" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_ChevronBelgiumNvMember" name="ugp:CommercialTransactionsSalesAndServices" unitRef="BRL" id="Tag6003" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.68421%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_ChevronBelgiumNvMember" name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" unitRef="BRL" id="Tag5908" decimals="-3" scale="3" format="ixt:num-dot-decimal">6,707</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.15789%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_ChevronBelgiumNvMember" name="ugp:CommercialTransactionsExpenses" unitRef="BRL" id="Tag5917" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.18421%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 24.2105%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Petroleum CO Colombia </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_ChevronPetroleumCoColombiaMember" name="ifrs-full:AmountsReceivableRelatedPartyTransactions" unitRef="BRL" id="Tag5940" decimals="-3" scale="3" format="ixt:num-dot-decimal">1</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.36842%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_ChevronPetroleumCoColombiaMember" name="ugp:RightOfUseAssetsRelatedPartyTransactions" unitRef="BRL" id="Tag6198" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.66208%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.02632%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_ChevronPetroleumCoColombiaMember" name="ifrs-full:AmountsPayableRelatedPartyTransactions" unitRef="BRL" id="Tag5864" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31062%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_ChevronPetroleumCoColombiaMember" name="ugp:LeasesPayableRelatedPartyTransactions" unitRef="BRL" id="Tag5998" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_ChevronPetroleumCoColombiaMember" name="ugp:CommercialTransactionsSalesAndServices" unitRef="BRL" id="Tag5963" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.68421%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_ChevronPetroleumCoColombiaMember" name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" unitRef="BRL" id="Tag5850" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.15789%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_ChevronPetroleumCoColombiaMember" name="ugp:CommercialTransactionsExpenses" unitRef="BRL" id="Tag5873" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.18421%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 24.2105%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total as of December 31, 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; border-top: 1pt solid #000000; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ifrs-full:AmountsReceivableRelatedPartyTransactions" unitRef="BRL" id="Tag5910" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,135</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 7.36842%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:RightOfUseAssetsRelatedPartyTransactions" unitRef="BRL" id="Tag7232" decimals="-3" scale="3" format="ixt:num-dot-decimal">8,635</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.66208%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 8.02632%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ifrs-full:AmountsPayableRelatedPartyTransactions" unitRef="BRL" id="Tag5859" decimals="-3" scale="3" format="ixt:num-dot-decimal">193,124</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31062%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:LeasesPayableRelatedPartyTransactions" unitRef="BRL" id="Tag7291" decimals="-3" scale="3" format="ixt:num-dot-decimal">8,044</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ugp:CommercialTransactionsSalesAndServices" unitRef="BRL" id="Tag6105" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,533</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 8.68421%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" unitRef="BRL" id="Tag7275" decimals="-3" scale="3" format="ixt:num-dot-decimal">697,060</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 8.15789%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:CommercialTransactionsExpenses" unitRef="BRL" id="Tag5840" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,613</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 1.18421%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<ix:exclude>
<p><br/></p>
<div>
<div id="t_ft_5Z1C4R97ZK00000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-49</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements<br/></div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
</ix:exclude>
<p style="margin: 0in 0in 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; background-color: #ffffff; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', 'serif';"><br/></p>
<div id="t_ft_7B2T9ST2JK00000000000000000000b">
<table cellpadding="0" style="height: 286px; border-collapse: collapse; margin-left: 5.3px; font-family: 'times new roman'; font-size: 10pt; width: 100%; float: left;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 23.8935%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; border-bottom: 1pt solid #000000; height: 17px; width: 76.7819%;" colspan="15">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Commercial transactions </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; border-bottom: 1pt solid #000000; height: 17px; width: 1.45985%;"><br/></td>
</tr>
<tr style="height: 14px;">
<td style="padding: 0px; vertical-align: bottom; height: 14px; width: 23.8935%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 14px; width: 12.3653%;"><span style="font-weight: bold; font-size: 8pt;">Receivables <sup>(1)</sup></span></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 14px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 10.2987%; height: 14px;"><span style="font-weight: bold; font-size: 8pt;">Payables <sup>(1)</sup></span></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.887156%; height: 14px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.81523%; height: 14px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 8.6191%; height: 14px;"><span style="font-weight: bold; font-size: 8pt;">Other payables</span></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 14px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.84292%; height: 14px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 14px; width: 10.4812%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Sales and services </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 14px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 14px; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 14px; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Purchases </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 14px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 14px; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 14px; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Expenses </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 14px; width: 1.45985%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 23.8935%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Oxicap Ind&#250;stria de Gases Ltda. </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12.3653%; height: 17px; text-align: right;"><ix:nonFraction contextRef="I20191231_OxicapIndustriaDeGasesMember" name="ifrs-full:AmountsReceivableRelatedPartyTransactions" unitRef="BRL" id="Tag6167" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10.2987%; height: 17px; text-align: right;"><ix:nonFraction contextRef="I20191231_OxicapIndustriaDeGasesMember" name="ifrs-full:AmountsPayableRelatedPartyTransactions" unitRef="BRL" id="Tag6050" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,545</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.887156%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.81523%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.6191%; height: 17px; text-align: right;"><ix:nonFraction contextRef="I20191231_OxicapIndustriaDeGasesMember" name="ugp:CommercialTransactionsOtherPayables" unitRef="BRL" id="Tag6072" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.84292%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.4812%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_OxicapIndustriaDeGasesMember" name="ugp:CommercialTransactionsSalesAndServices" unitRef="BRL" id="Tag7263" decimals="-3" scale="3" format="ixt:num-dot-decimal">1</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_OxicapIndustriaDeGasesMember" name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" unitRef="BRL" id="Tag6186" decimals="-3" scale="3" format="ixt:num-dot-decimal">18,565</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20191231_OxicapIndustriaDeGasesMember" name="ugp:CommercialTransactionsExpenses" unitRef="BRL" id="Tag7270" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.45985%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 23.8935%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Refinaria de Petr&#243;leo Riograndense S.A. </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.3653%; text-align: right;"><ix:nonFraction contextRef="I20191231_RefinariaDePetroleoRigrandenseMember" name="ifrs-full:AmountsReceivableRelatedPartyTransactions" unitRef="BRL" id="Tag6113" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 10.2987%; height: 17px; text-align: right;"><ix:nonFraction contextRef="I20191231_RefinariaDePetroleoRigrandenseMember" name="ifrs-full:AmountsPayableRelatedPartyTransactions" unitRef="BRL" id="Tag6099" decimals="-3" scale="3" format="ixt:num-dot-decimal">264,602</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.887156%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.81523%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 8.6191%; height: 17px; text-align: right;"><ix:nonFraction contextRef="I20191231_RefinariaDePetroleoRigrandenseMember" name="ugp:CommercialTransactionsOtherPayables" unitRef="BRL" id="Tag6171" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.84292%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.4812%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_RefinariaDePetroleoRigrandenseMember" name="ugp:CommercialTransactionsSalesAndServices" unitRef="BRL" id="Tag5883" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_RefinariaDePetroleoRigrandenseMember" name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" unitRef="BRL" id="Tag7223" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,019,108</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20191231_RefinariaDePetroleoRigrandenseMember" name="ugp:CommercialTransactionsExpenses" unitRef="BRL" id="Tag5904" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45985%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 23.8935%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> ConectCar Solu&#231;&#245;es de Mobilidade Eletr&#244;nica S.A. </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12.3653%; text-align: right;"><ix:nonFraction contextRef="I20191231_ConectCarSolucoesDeMobilidadeEletronicaMember" name="ifrs-full:AmountsReceivableRelatedPartyTransactions" unitRef="BRL" id="Tag5846" decimals="-3" scale="3" format="ixt:num-dot-decimal">739</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10.2987%; height: 17px; text-align: right;"><ix:nonFraction contextRef="I20191231_ConectCarSolucoesDeMobilidadeEletronicaMember" name="ifrs-full:AmountsPayableRelatedPartyTransactions" unitRef="BRL" id="Tag5914" decimals="-3" scale="3" format="ixt:num-dot-decimal">113</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.887156%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.81523%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.6191%; height: 17px; text-align: right;"><ix:nonFraction contextRef="I20191231_ConectCarSolucoesDeMobilidadeEletronicaMember" name="ugp:CommercialTransactionsOtherPayables" unitRef="BRL" id="Tag6025" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.84292%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.4812%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_ConectCarSolucoesDeMobilidadeEletronicaMember" name="ugp:CommercialTransactionsSalesAndServices" unitRef="BRL" id="Tag7283" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,385</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_ConectCarSolucoesDeMobilidadeEletronicaMember" name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" unitRef="BRL" id="Tag5954" decimals="-3" scale="3" format="ixt:num-dot-decimal">121</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20191231_ConectCarSolucoesDeMobilidadeEletronicaMember" name="ugp:CommercialTransactionsExpenses" unitRef="BRL" id="Tag5991" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.45985%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 23.8935%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> LA&#8217;7 Participa&#231;&#245;es e Empreend. Imob. Ltda. (a) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.3653%; text-align: right;"><ix:nonFraction contextRef="I20191231_LA7ParticipaesEEmpreendImobLtdaMember" name="ifrs-full:AmountsReceivableRelatedPartyTransactions" unitRef="BRL" id="Tag6132" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 10.2987%; height: 17px; text-align: right;"><ix:nonFraction contextRef="I20191231_LA7ParticipaesEEmpreendImobLtdaMember" name="ifrs-full:AmountsPayableRelatedPartyTransactions" unitRef="BRL" id="Tag5858" decimals="-3" scale="3" format="ixt:num-dot-decimal">124</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.887156%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.81523%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 8.6191%; height: 17px; text-align: right;"><ix:nonFraction contextRef="I20191231_LA7ParticipaesEEmpreendImobLtdaMember" name="ugp:CommercialTransactionsOtherPayables" unitRef="BRL" id="Tag6101" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.84292%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.4812%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_LA7ParticipaesEEmpreendImobLtdaMember" name="ugp:CommercialTransactionsSalesAndServices" unitRef="BRL" id="Tag6047" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_LA7ParticipaesEEmpreendImobLtdaMember" name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" unitRef="BRL" id="Tag6055" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_LA7ParticipaesEEmpreendImobLtdaMember" name="ugp:CommercialTransactionsExpenses" unitRef="BRL" id="Tag6037" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,477</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45985%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 23.8935%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron (Thailand) Limited </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12.3653%; text-align: right;"><ix:nonFraction contextRef="I20191231_ChevronThailandLimitedMember" name="ifrs-full:AmountsReceivableRelatedPartyTransactions" unitRef="BRL" id="Tag6137" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,333</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10.2987%; height: 17px; text-align: right;"><ix:nonFraction contextRef="I20191231_ChevronThailandLimitedMember" name="ifrs-full:AmountsPayableRelatedPartyTransactions" unitRef="BRL" id="Tag6146" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,177</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.887156%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.81523%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.6191%; height: 17px; text-align: right;"><ix:nonFraction contextRef="I20191231_ChevronThailandLimitedMember" name="ugp:CommercialTransactionsOtherPayables" unitRef="BRL" id="Tag5862" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.84292%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.4812%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_ChevronThailandLimitedMember" name="ugp:CommercialTransactionsSalesAndServices" unitRef="BRL" id="Tag5938" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_ChevronThailandLimitedMember" name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" unitRef="BRL" id="Tag6139" decimals="-3" scale="3" format="ixt:num-dot-decimal">90,912</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20191231_ChevronThailandLimitedMember" name="ugp:CommercialTransactionsExpenses" unitRef="BRL" id="Tag7265" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.45985%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 23.8935%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Brasil Oleos Basicos LTDA </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.3653%; text-align: right;"><ix:nonFraction contextRef="I20191231_ChevronBrasilOleosBasicosLtdaMember" name="ifrs-full:AmountsReceivableRelatedPartyTransactions" unitRef="BRL" id="Tag7284" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 10.2987%; height: 17px; text-align: right;"><ix:nonFraction contextRef="I20191231_ChevronBrasilOleosBasicosLtdaMember" name="ifrs-full:AmountsPayableRelatedPartyTransactions" unitRef="BRL" id="Tag6116" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.887156%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.81523%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 8.6191%; height: 17px; text-align: right;"><ix:nonFraction contextRef="I20191231_ChevronBrasilOleosBasicosLtdaMember" name="ugp:CommercialTransactionsOtherPayables" unitRef="BRL" id="Tag6062" decimals="-3" scale="3" format="ixt:num-dot-decimal">6</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.84292%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.4812%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_ChevronBrasilOleosBasicosLtdaMember" name="ugp:CommercialTransactionsSalesAndServices" unitRef="BRL" id="Tag7255" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_ChevronBrasilOleosBasicosLtdaMember" name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" unitRef="BRL" id="Tag6138" decimals="-3" scale="3" format="ixt:num-dot-decimal">6,336</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20191231_ChevronBrasilOleosBasicosLtdaMember" name="ugp:CommercialTransactionsExpenses" unitRef="BRL" id="Tag5843" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45985%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 23.8935%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Latin America Marketing LLC </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12.3653%; text-align: right;"><ix:nonFraction contextRef="I20191231_ChevronLatinAmericaMarketingLlcMember" name="ifrs-full:AmountsReceivableRelatedPartyTransactions" unitRef="BRL" id="Tag6125" decimals="-3" scale="3" format="ixt:num-dot-decimal">86</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10.2987%; height: 17px; text-align: right;"><ix:nonFraction contextRef="I20191231_ChevronLatinAmericaMarketingLlcMember" name="ifrs-full:AmountsPayableRelatedPartyTransactions" unitRef="BRL" id="Tag7221" decimals="-3" scale="3" format="ixt:num-dot-decimal">6</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.887156%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.81523%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.6191%; height: 17px; text-align: right;"><ix:nonFraction contextRef="I20191231_ChevronLatinAmericaMarketingLlcMember" name="ugp:CommercialTransactionsOtherPayables" unitRef="BRL" id="Tag6053" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.84292%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.4812%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_ChevronLatinAmericaMarketingLlcMember" name="ugp:CommercialTransactionsSalesAndServices" unitRef="BRL" id="Tag7288" decimals="-3" scale="3" format="ixt:num-dot-decimal">13</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_ChevronLatinAmericaMarketingLlcMember" name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" unitRef="BRL" id="Tag6118" decimals="-3" scale="3" format="ixt:num-dot-decimal">506</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20191231_ChevronLatinAmericaMarketingLlcMember" name="ugp:CommercialTransactionsExpenses" unitRef="BRL" id="Tag5920" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.45985%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 23.8935%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Lubricants Lanka PLC </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.3653%; text-align: right;"><ix:nonFraction contextRef="I20191231_ChevronLubricantsLankaPlcMember" name="ifrs-full:AmountsReceivableRelatedPartyTransactions" unitRef="BRL" id="Tag6189" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 10.2987%; height: 17px; text-align: right;"><ix:nonFraction contextRef="I20191231_ChevronLubricantsLankaPlcMember" name="ifrs-full:AmountsPayableRelatedPartyTransactions" unitRef="BRL" id="Tag6128" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.887156%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.81523%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 8.6191%; height: 17px; text-align: right;"><ix:nonFraction contextRef="I20191231_ChevronLubricantsLankaPlcMember" name="ugp:CommercialTransactionsOtherPayables" unitRef="BRL" id="Tag5925" decimals="-3" scale="3" format="ixt:num-dot-decimal">285</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.84292%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.4812%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_ChevronLubricantsLankaPlcMember" name="ugp:CommercialTransactionsSalesAndServices" unitRef="BRL" id="Tag6178" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_ChevronLubricantsLankaPlcMember" name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" unitRef="BRL" id="Tag6052" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20191231_ChevronLubricantsLankaPlcMember" name="ugp:CommercialTransactionsExpenses" unitRef="BRL" id="Tag7260" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45985%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 23.8935%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Lubricants Oils S.A. </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12.3653%; text-align: right;"><ix:nonFraction contextRef="I20191231_ChevronLubricantsOilsSAMember" name="ifrs-full:AmountsReceivableRelatedPartyTransactions" unitRef="BRL" id="Tag7279" decimals="-3" scale="3" format="ixt:num-dot-decimal">58</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10.2987%; height: 17px; text-align: right;"><ix:nonFraction contextRef="I20191231_ChevronLubricantsOilsSAMember" name="ifrs-full:AmountsPayableRelatedPartyTransactions" unitRef="BRL" id="Tag7278" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.887156%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.81523%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.6191%; height: 17px; text-align: right;"><ix:nonFraction contextRef="I20191231_ChevronLubricantsOilsSAMember" name="ugp:CommercialTransactionsOtherPayables" unitRef="BRL" id="Tag6034" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.84292%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.4812%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_ChevronLubricantsOilsSAMember" name="ugp:CommercialTransactionsSalesAndServices" unitRef="BRL" id="Tag5848" decimals="-3" scale="3" format="ixt:num-dot-decimal">42</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_ChevronLubricantsOilsSAMember" name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" unitRef="BRL" id="Tag5988" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20191231_ChevronLubricantsOilsSAMember" name="ugp:CommercialTransactionsExpenses" unitRef="BRL" id="Tag6106" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.45985%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 23.8935%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Marine Products </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.3653%; text-align: right;"><ix:nonFraction contextRef="I20191231_ChevronMarineProductsMember" name="ifrs-full:AmountsReceivableRelatedPartyTransactions" unitRef="BRL" id="Tag5967" decimals="-3" scale="3" format="ixt:num-dot-decimal">506</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 10.2987%; height: 17px; text-align: right;"><ix:nonFraction contextRef="I20191231_ChevronMarineProductsMember" name="ifrs-full:AmountsPayableRelatedPartyTransactions" unitRef="BRL" id="Tag5986" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.887156%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.81523%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 8.6191%; height: 17px; text-align: right;"><ix:nonFraction contextRef="I20191231_ChevronMarineProductsMember" name="ugp:CommercialTransactionsOtherPayables" unitRef="BRL" id="Tag6129" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.84292%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.4812%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_ChevronMarineProductsMember" name="ugp:CommercialTransactionsSalesAndServices" unitRef="BRL" id="Tag6161" decimals="-3" scale="3" format="ixt:num-dot-decimal">104</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_ChevronMarineProductsMember" name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" unitRef="BRL" id="Tag7293" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20191231_ChevronMarineProductsMember" name="ugp:CommercialTransactionsExpenses" unitRef="BRL" id="Tag6045" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45985%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 23.8935%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Oronite Brasil LTDA. </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12.3653%; text-align: right;"><ix:nonFraction contextRef="I20191231_ChevronOroniteBrasilLtdaMember" name="ifrs-full:AmountsReceivableRelatedPartyTransactions" unitRef="BRL" id="Tag6124" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,193</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10.2987%; height: 17px; text-align: right;"><ix:nonFraction contextRef="I20191231_ChevronOroniteBrasilLtdaMember" name="ifrs-full:AmountsPayableRelatedPartyTransactions" unitRef="BRL" id="Tag5911" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.887156%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.81523%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.6191%; height: 17px; text-align: right;"><ix:nonFraction contextRef="I20191231_ChevronOroniteBrasilLtdaMember" name="ugp:CommercialTransactionsOtherPayables" unitRef="BRL" id="Tag5976" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.84292%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.4812%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_ChevronOroniteBrasilLtdaMember" name="ugp:CommercialTransactionsSalesAndServices" unitRef="BRL" id="Tag6006" decimals="-3" scale="3" format="ixt:num-dot-decimal">345</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_ChevronOroniteBrasilLtdaMember" name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" unitRef="BRL" id="Tag6121" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20191231_ChevronOroniteBrasilLtdaMember" name="ugp:CommercialTransactionsExpenses" unitRef="BRL" id="Tag5931" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.45985%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 23.8935%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Products Company </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.3653%; text-align: right;"><ix:nonFraction contextRef="I20191231_ChevronProductsCompanyMember" name="ifrs-full:AmountsReceivableRelatedPartyTransactions" unitRef="BRL" id="Tag6073" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 10.2987%; height: 17px; text-align: right;"><ix:nonFraction contextRef="I20191231_ChevronProductsCompanyMember" name="ifrs-full:AmountsPayableRelatedPartyTransactions" unitRef="BRL" id="Tag6068" decimals="-3" scale="3" format="ixt:num-dot-decimal">16,302</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.887156%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.81523%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 8.6191%; height: 17px; text-align: right;"><ix:nonFraction contextRef="I20191231_ChevronProductsCompanyMember" name="ugp:CommercialTransactionsOtherPayables" unitRef="BRL" id="Tag6091" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.84292%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.4812%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_ChevronProductsCompanyMember" name="ugp:CommercialTransactionsSalesAndServices" unitRef="BRL" id="Tag6120" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_ChevronProductsCompanyMember" name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" unitRef="BRL" id="Tag5980" decimals="-3" scale="3" format="ixt:num-dot-decimal">212,915</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20191231_ChevronProductsCompanyMember" name="ugp:CommercialTransactionsExpenses" unitRef="BRL" id="Tag6170" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45985%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 23.8935%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Belgium NV </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12.3653%; text-align: right;"><ix:nonFraction contextRef="I20191231_ChevronBelgiumNvMember" name="ifrs-full:AmountsReceivableRelatedPartyTransactions" unitRef="BRL" id="Tag7250" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10.2987%; height: 17px; text-align: right;"><ix:nonFraction contextRef="I20191231_ChevronBelgiumNvMember" name="ifrs-full:AmountsPayableRelatedPartyTransactions" unitRef="BRL" id="Tag7262" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,119</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.887156%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.81523%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.6191%; height: 17px; text-align: right;"><ix:nonFraction contextRef="I20191231_ChevronBelgiumNvMember" name="ugp:CommercialTransactionsOtherPayables" unitRef="BRL" id="Tag5903" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.84292%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.4812%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_ChevronBelgiumNvMember" name="ugp:CommercialTransactionsSalesAndServices" unitRef="BRL" id="Tag5865" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_ChevronBelgiumNvMember" name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" unitRef="BRL" id="Tag5923" decimals="-3" scale="3" format="ixt:num-dot-decimal">15,019</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20191231_ChevronBelgiumNvMember" name="ugp:CommercialTransactionsExpenses" unitRef="BRL" id="Tag7287" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.45985%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 23.8935%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Petroleum CO Colombia </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.3653%; text-align: right;"><ix:nonFraction contextRef="I20191231_ChevronPetroleumCoColombiaMember" name="ifrs-full:AmountsReceivableRelatedPartyTransactions" unitRef="BRL" id="Tag6059" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 10.2987%; height: 17px; text-align: right;"><ix:nonFraction contextRef="I20191231_ChevronPetroleumCoColombiaMember" name="ifrs-full:AmountsPayableRelatedPartyTransactions" unitRef="BRL" id="Tag5981" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.887156%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.81523%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 8.6191%; height: 17px; text-align: right;"><ix:nonFraction contextRef="I20191231_ChevronPetroleumCoColombiaMember" name="ugp:CommercialTransactionsOtherPayables" unitRef="BRL" id="Tag5919" decimals="-3" scale="3" format="ixt:num-dot-decimal">7</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.84292%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.4812%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_ChevronPetroleumCoColombiaMember" name="ugp:CommercialTransactionsSalesAndServices" unitRef="BRL" id="Tag7269" decimals="-3" scale="3" format="ixt:num-dot-decimal">30</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_ChevronPetroleumCoColombiaMember" name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" unitRef="BRL" id="Tag5922" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20191231_ChevronPetroleumCoColombiaMember" name="ugp:CommercialTransactionsExpenses" unitRef="BRL" id="Tag6080" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45985%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 23.8935%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total as of December 31, 2019 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12.3653%; border-bottom: 2.8pt double #000000; border-top: 1pt solid #000000; text-align: right;"><ix:nonFraction contextRef="I20191231" name="ifrs-full:AmountsReceivableRelatedPartyTransactions" unitRef="BRL" id="Tag5866" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,915</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10.2987%; height: 17px; border-bottom: 2.8pt double #000000; border-top: 1pt solid #000000; text-align: right;"><ix:nonFraction contextRef="I20191231" name="ifrs-full:AmountsPayableRelatedPartyTransactions" unitRef="BRL" id="Tag6084" decimals="-3" scale="3" format="ixt:num-dot-decimal">289,988</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.887156%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.81523%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.6191%; height: 17px; border-bottom: 2.8pt double #000000; border-top: 1pt solid #000000; text-align: right;"><ix:nonFraction contextRef="I20191231" name="ugp:CommercialTransactionsOtherPayables" unitRef="BRL" id="Tag5890" decimals="-3" scale="3" format="ixt:num-dot-decimal">298</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.84292%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 10.4812%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ugp:CommercialTransactionsSalesAndServices" unitRef="BRL" id="Tag6002" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,920</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" unitRef="BRL" id="Tag6145" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,363,482</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231" name="ugp:CommercialTransactionsExpenses" unitRef="BRL" id="Tag5992" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,477</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 17px; width: 1.45985%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;"> </span><br/></p>
<div style="border-left: none; border-right: none;">
<div id="t_ft_WHFLKDPOLC00000000000000000000b">
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td style="width: 1%; vertical-align: top;" valign="top"><sup><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(1)</span></sup></td>
<td style="width: 99%; padding: 0px 0px 15px;">
<div style="border-right: none; border-left: none;"><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote20"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Included in &#8220;right-of-use assets&#8221; and &#8220;leases payable&#8221;, respectively.</span></ix:footnote></div>
</td>
</tr>
</tbody>
</table>
</div>
</div>
<div style="border-left: none; border-right: none;">
<div id="t_ft_0SV441QBXC00000000000000000000b">
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td style="width: 1%; vertical-align: top;" valign="top"><sup><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(a)</span></sup></td>
<td style="width: 99%; padding: 0px 0px 10px;">
<div style="border-right: none; border-left: none;"><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote21"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Refers to rental contracts of <ix:nonFraction contextRef="D20201231_LA7ParticipaesEEmpreendImobLtdaMember" name="ugp:NumberOfDrugstoresUnderRentalContracts" unitRef="Pure" id="Tag5946" decimals="0" format="ixt:num-dot-decimal">15</ix:nonFraction> drugstores owned by LA&#8217;7 as of December 31, 2020, a company of the former shareholders of </span>Extrafarma<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"> that are current shareholders of </span>Ultrapar<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">.</span></span></ix:footnote></div>
</td>
</tr>
</tbody>
</table>
</div>
</div>
</div>
</ix:nonNumeric>
</div>
</div>
<div style="font-family: 'times new roman', times; font-size: 10pt;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Purchase and sale transactions relate substantially to the purchase of raw materials, feedstock, transportation, and storage services based on similar market prices and terms with customers and suppliers with comparable operational performance. The operations of ConectCar refer to services provided. In the opinion of the Company and its subsidiaries&#8217; management, transactions with related parties are not subject to credit risk, therefore, <ix:nonFraction contextRef="I20211231" name="ugp:ProvisionForExpectedLossesOnAccountsReceivableOrGuarantees" unitRef="BRL" id="Tag7027" decimals="-3" scale="3" format="ixt-sec:numwordsen">no</ix:nonFraction> provision for expected losses on accounts receivable or guarantees are recorded. Guarantees provided by the Company in loans of subsidiaries and affiliates are mentioned in Note 17.i.</span></p>
<ix:exclude>
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;"> </span><br/></p>
<div>
<div id="t_ft_3898V7CRIO00000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-50</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
</div>
<div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements<br/></div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
</div>
</ix:exclude>
</div>
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;"> </span><br/></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">b. Key executives</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span><br/></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The Company&#8217;s compensation strategy combines short and long-term elements, following the principles of alignment of interests and of maintaining a competitive compensation, and is aimed at retaining key officers and remunerating them adequately according to their attributed responsibilities and the value created to the Company and its shareholders.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span><br/></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Short-term compensation is comprised of: (a) fixed monthly compensation paid with the objective of rewarding the executive&#8217;s experience, responsibility, and his/her position&#8217;s complexity, and includes salary and benefits such as medical coverage, check-up, life insurance, and others; (b) variable compensation paid annually with the objective of aligning the executive&#8217;s and the Company&#8217;s objectives, which is linked to: (i) the business performance measured through its economic value creation and (ii) the fulfillment of individual annual goals that are based on the strategic plan and are focused on expansion and operational excellence projects, people development and market positioning, among others. More details about the Deferred Stock Plan are contained in Note 9.c and about post-employment benefits in Note 21.b.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;"> </span><br/></p>
<ix:nonNumeric contextRef="D20211231_3" name="ugp:SummaryOfCompensationForKeyExecutivesTableTextBlock" id="Tag6194" escape="true">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The expenses for compensation of its key executives (Company&#8217;s directors and executive officers) as shown below:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;"> </span><br/></p>
<div id="t_ft_1WPA2PEGBK00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto; height: 103px;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 58.8563%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.1339%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97629%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97629%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9944%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.08285%;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 1.28814%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 17px; width: 11.9944%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 2019 </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 17px; width: 0.97629%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; width: 58.8563%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Short-term compensation </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 12.1339%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:KeyManagementPersonnelCompensationShorttermEmployeeBenefits" unitRef="BRL" id="Tag5916" decimals="-3" scale="3" format="ixt:num-dot-decimal">47,003</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.97629%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.97629%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.9944%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:KeyManagementPersonnelCompensationShorttermEmployeeBenefits" unitRef="BRL" id="Tag5965" decimals="-3" scale="3" format="ixt:num-dot-decimal">47,936</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.08285%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; width: 1.28814%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; width: 11.9944%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ifrs-full:KeyManagementPersonnelCompensationShorttermEmployeeBenefits" unitRef="BRL" id="Tag7228" decimals="-3" scale="3" format="ixt:num-dot-decimal">41,659</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; width: 0.97629%; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 58.8563%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Stock compensation </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.1339%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:KeyManagementPersonnelCompensationSharebasedPayment" unitRef="BRL" id="Tag5935" decimals="-3" scale="3" format="ixt:num-dot-decimal">15,778</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97629%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97629%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9944%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:KeyManagementPersonnelCompensationSharebasedPayment" unitRef="BRL" id="Tag6131" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,786</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.08285%;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 1.28814%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 17px; width: 11.9944%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ifrs-full:KeyManagementPersonnelCompensationSharebasedPayment" unitRef="BRL" id="Tag5939" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,881</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 17px; width: 0.97629%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 58.8563%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Post-employment benefits </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12.1339%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:KeyManagementPersonnelCompensationPostemploymentBenefits" unitRef="BRL" id="Tag7251" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,737</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.97629%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.97629%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 11.9944%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:KeyManagementPersonnelCompensationPostemploymentBenefits" unitRef="BRL" id="Tag5838" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,866</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.08285%;"><br/></td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px; width: 1.28814%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; background-color: #cceeff; height: 17px; width: 11.9944%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ifrs-full:KeyManagementPersonnelCompensationPostemploymentBenefits" unitRef="BRL" id="Tag5876" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,640</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; background-color: #cceeff; height: 17px; width: 0.97629%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 58.8563%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Termination benefits </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.1339%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:KeyManagementPersonnelCompensationTerminationBenefits" unitRef="BRL" id="Tag5849" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,637</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97629%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97629%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9944%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_3" name="ifrs-full:KeyManagementPersonnelCompensationTerminationBenefits" unitRef="BRL" id="Tag5882" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.08285%;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 1.28814%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 17px; width: 11.9944%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231" name="ifrs-full:KeyManagementPersonnelCompensationTerminationBenefits" unitRef="BRL" id="Tag5888" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 17px; width: 0.97629%;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 58.8563%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 12.1339%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:KeyManagementPersonnelCompensation" unitRef="BRL" id="Tag6184" decimals="-3" scale="3" format="ixt:num-dot-decimal">71,155</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 0.97629%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 0.97629%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 11.9944%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:KeyManagementPersonnelCompensation" unitRef="BRL" id="Tag6153" decimals="-3" scale="3" format="ixt:num-dot-decimal">55,588</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.08285%;"><br/></td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 18px; width: 1.28814%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 11.9944%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ifrs-full:KeyManagementPersonnelCompensation" unitRef="BRL" id="Tag5955" decimals="-3" scale="3" format="ixt:num-dot-decimal">54,180</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 0.97629%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><br/></p>
</ix:nonNumeric>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">c. Deferred stock plan</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span><br/></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Since 2003 Ultrapar has adopted a stock plan in which the executive has the usufruct of shares held in treasury until the transfer of the full ownership of the shares to those eligible members of management after five to seven years from the initial concession of the rights subject to uninterrupted employment of the participant during the period. The volume of shares and the executives eligible are determined by the Board of Directors, and there is no mandatory annual grant. The total number of shares to be used in the plan is subject to the number of shares in treasury. Ultrapar&#8217;s Board of Directors members are not eligible to participate in the stock plan. The fair value of the awards was determined on the grant date based on the market value of the shares on the B3, the Brazilian Securities, Commodities and Futures Exchange and the amounts are amortized between <span style="-sec-ix-hidden:Tag8003">five</span> to <span style="-sec-ix-hidden:Tag8002">seven</span> years from the grant date.</span></p>
<ix:exclude>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<div>
<div id="t_ft_JJAX8ZED4000000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-51</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements<br/></div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
</ix:exclude>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;"> </span><br/></p>
<ix:nonNumeric contextRef="D20211231_3" name="ugp:ScheduleOfDeferredStockPlanSharesGrantedByDateTableTextBlock" id="Tag6196" escape="true">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The table below summarizes shares granted to the Company and its subsidiaries&#8217; management:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;"> </span><br/></p>
<div id="t_ft_T6L7ZA35G000000000000000000000b">
<table cellpadding="0" style="height: 90px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 22px;">
<td style="padding: 0px; vertical-align: bottom; height: 22px; width: 34.9144%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Grant date </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 22px; border-bottom: 1pt solid #000000; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Balance of number of shares granted </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 22px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 22px; width: 0.922266%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 22px; border-bottom: 1pt solid #000000; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Vesting period </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.31752%; height: 22px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 22px; width: 0.922266%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 22px; border-bottom: 1pt solid #000000; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Market price of shares on the grant date (in R$ per share) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 22px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 22px; width: 0.922266%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 22px; border-bottom: 1pt solid #000000; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Total grant costs, including taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 22px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 22px; width: 0.922266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 22px; border-bottom: 1pt solid #000000; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Accumulated recognized grant costs </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 22px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 22px; width: 0.922266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 22px; border-bottom: 1pt solid #000000; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Accumulated unrecognized grant costs </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.05402%; height: 22px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 34.9144%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DeferredStockUnitPlanMember_GrantDateMarch42016Member_KeyManagementPersonnelOfEntityOrParentMember" name="ifrs-full:DateOfGrantOfSharebasedPaymentArrangement" id="Tag5951" escape="true">March 4, 2016</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DeferredStockUnitPlanMember_GrantDateMarch42016Member_KeyManagementPersonnelOfEntityOrParentMember" name="ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted" unitRef="Shares" id="Tag7249" decimals="0" format="ixt:num-dot-decimal">133,332</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.922266%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DeferredStockUnitPlanMember_GrantDateMarch42016Member_KeyManagementPersonnelOfEntityOrParentMember" name="ifrs-full:DescriptionOfVestingRequirementsForSharebasedPaymentArrangement" id="Tag6074" escape="true">2022 to 2023</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.31752%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DeferredStockUnitPlanMember_GrantDateMarch42016Member_KeyManagementPersonnelOfEntityOrParentMember" name="ifrs-full:WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019" unitRef="BRLPerShare" id="Tag6036" decimals="2" format="ixt:num-dot-decimal">32.72</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.922266%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DeferredStockUnitPlanMember_GrantDateMarch42016Member_KeyManagementPersonnelOfEntityOrParentMember" name="ifrs-full:ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" unitRef="BRL" id="Tag6021" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,025</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.922266%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_DeferredStockUnitPlanMember_GrantDateMarch42016Member_KeyManagementPersonnelOfEntityOrParentMember" name="ugp:AccumulatedRecognizedGrantCosts" unitRef="BRL" id="Tag6164" decimals="-3" scale="3" format="ixt:num-dot-decimal">8,440</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.922266%; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DeferredStockUnitPlanMember_GrantDateMarch42016Member_KeyManagementPersonnelOfEntityOrParentMember" name="ugp:AccumulatedUnrecognizedGrantCosts" unitRef="BRL" id="Tag6097" decimals="-3" scale="3" format="ixt:num-dot-decimal">585</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.05402%; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 34.9144%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DeferredStockUnitPlanMember_GrantDateDecember102014Member_KeyManagementPersonnelOfEntityOrParentMember" name="ifrs-full:DateOfGrantOfSharebasedPaymentArrangement" id="Tag5983" escape="true">December 10, 2014</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_DeferredStockUnitPlanMember_GrantDateDecember102014Member_KeyManagementPersonnelOfEntityOrParentMember" name="ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted" unitRef="Shares" id="Tag5948" decimals="0" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DeferredStockUnitPlanMember_GrantDateDecember102014Member_KeyManagementPersonnelOfEntityOrParentMember" name="ifrs-full:DescriptionOfVestingRequirementsForSharebasedPaymentArrangement" id="Tag5854" escape="true">2021</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.31752%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DeferredStockUnitPlanMember_GrantDateDecember102014Member_KeyManagementPersonnelOfEntityOrParentMember" name="ifrs-full:WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019" unitRef="BRLPerShare" id="Tag6016" decimals="2" format="ixt:num-dot-decimal">25.32</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DeferredStockUnitPlanMember_GrantDateDecember102014Member_KeyManagementPersonnelOfEntityOrParentMember" name="ifrs-full:ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" unitRef="BRL" id="Tag5945" decimals="-3" scale="3" format="ixt:num-dot-decimal">19,557</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_DeferredStockUnitPlanMember_GrantDateDecember102014Member_KeyManagementPersonnelOfEntityOrParentMember" name="ugp:AccumulatedRecognizedGrantCosts" unitRef="BRL" id="Tag6174" decimals="-3" scale="3" format="ixt:num-dot-decimal">19,557</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DeferredStockUnitPlanMember_GrantDateDecember102014Member_KeyManagementPersonnelOfEntityOrParentMember" name="ugp:AccumulatedUnrecognizedGrantCosts" unitRef="BRL" id="Tag6090" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction>&#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.05402%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 34.9144%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DeferredStockUnitPlanMember_GrantDateMarch52014Member_KeyManagementPersonnelOfEntityOrParentMember" name="ifrs-full:DateOfGrantOfSharebasedPaymentArrangement" id="Tag7252" escape="true">March 5, 2014</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_DeferredStockUnitPlanMember_GrantDateMarch52014Member_KeyManagementPersonnelOfEntityOrParentMember" name="ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted" unitRef="Shares" id="Tag5893" decimals="0" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.922266%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.922266%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DeferredStockUnitPlanMember_GrantDateMarch52014Member_KeyManagementPersonnelOfEntityOrParentMember" name="ifrs-full:DescriptionOfVestingRequirementsForSharebasedPaymentArrangement" id="Tag7274" escape="true">2021</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.31752%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.922266%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DeferredStockUnitPlanMember_GrantDateMarch52014Member_KeyManagementPersonnelOfEntityOrParentMember" name="ifrs-full:WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019" unitRef="BRLPerShare" id="Tag6123" decimals="2" format="ixt:num-dot-decimal">26.08</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.922266%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.922266%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DeferredStockUnitPlanMember_GrantDateMarch52014Member_KeyManagementPersonnelOfEntityOrParentMember" name="ifrs-full:ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" unitRef="BRL" id="Tag6102" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,999</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.922266%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.922266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_DeferredStockUnitPlanMember_GrantDateMarch52014Member_KeyManagementPersonnelOfEntityOrParentMember" name="ugp:AccumulatedRecognizedGrantCosts" unitRef="BRL" id="Tag6009" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,999</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.922266%; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.922266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DeferredStockUnitPlanMember_GrantDateMarch52014Member_KeyManagementPersonnelOfEntityOrParentMember" name="ugp:AccumulatedUnrecognizedGrantCosts" unitRef="BRL" id="Tag6042" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction>&#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.05402%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 34.9144%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_KeyManagementPersonnelOfEntityOrParentMember" name="ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted" unitRef="Shares" id="Tag5943" decimals="0" format="ixt:num-dot-decimal">133,332</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.31752%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_KeyManagementPersonnelOfEntityOrParentMember" name="ifrs-full:ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" unitRef="BRL" id="Tag5960" decimals="-3" scale="3" format="ixt:num-dot-decimal">34,581</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_KeyManagementPersonnelOfEntityOrParentMember" name="ugp:AccumulatedRecognizedGrantCosts" unitRef="BRL" id="Tag7225" decimals="-3" scale="3" format="ixt:num-dot-decimal">33,996</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_KeyManagementPersonnelOfEntityOrParentMember" name="ugp:AccumulatedUnrecognizedGrantCosts" unitRef="BRL" id="Tag5969" decimals="-3" scale="3" format="ixt:num-dot-decimal">585</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.05402%; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span>For the year ended December 31, 2021 the amortization in the amount of R$ </span><ix:nonFraction contextRef="D20211231_DeferredStockUnitPlanMember_KeyManagementPersonnelOfEntityOrParentMember" name="ugp:AmortizationReversalOfAmortizationOfShareBasedPlansRecognizedAsGeneralAndAdministrativeExpense" unitRef="BRL" id="Tag5985" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,902</ix:nonFraction><span style="color: #000000;">&#160;</span><span>&#8211; continuing operation and R$ <ix:nonFraction contextRef="D20211231_DeferredStockUnitPlanMember_KeyManagementPersonnelOfEntityOrParentMember_DiscontinuedOperationsMember" name="ugp:AmortizationReversalOfAmortizationOfShareBasedPlansRecognizedAsGeneralAndAdministrativeExpense" unitRef="BRL" id="Tag6020" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,325</ix:nonFraction> &#8211; discontinued operation</span><span> (reversal of R$ </span><ix:nonFraction contextRef="D20201231_DeferredStockUnitPlanMember_KeyManagementPersonnelOfEntityOrParentMember" name="ugp:AmortizationReversalOfAmortizationOfShareBasedPlansRecognizedAsGeneralAndAdministrativeExpense" unitRef="BRL" id="Tag5977" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">64</ix:nonFraction><span><span>&#160;</span></span><span>&#8211; continuing operation and R$ <ix:nonFraction contextRef="D20201231_DeferredStockUnitPlanMember_KeyManagementPersonnelOfEntityOrParentMember_DiscontinuedOperationsMember" name="ugp:AmortizationReversalOfAmortizationOfShareBasedPlansRecognizedAsGeneralAndAdministrativeExpense" unitRef="BRL" id="Tag7277" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,296</ix:nonFraction> &#8211; discontinued operation</span><span> for year ended December 31, 2020 and R$ </span><ix:nonFraction contextRef="D20191231_DeferredStockUnitPlanMember_KeyManagementPersonnelOfEntityOrParentMember" name="ugp:AmortizationReversalOfAmortizationOfShareBasedPlansRecognizedAsGeneralAndAdministrativeExpense" unitRef="BRL" id="Tag6176" decimals="-3" scale="3" format="ixt:num-dot-decimal">8,502</ix:nonFraction><span> <span>&#8211; continuing operation and R$ <ix:nonFraction contextRef="D20191231_DeferredStockUnitPlanMember_KeyManagementPersonnelOfEntityOrParentMember_DiscontinuedOperationsMember" name="ugp:AmortizationReversalOfAmortizationOfShareBasedPlansRecognizedAsGeneralAndAdministrativeExpense" unitRef="BRL" id="Tag5892" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,819</ix:nonFraction> &#8211; discontinued operation</span> for the year ended December 31, 2019) was recognized as a general and administrative expense.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span><br/></p>
<ix:nonNumeric contextRef="D20211231_3" name="ugp:ScheduleOfChangesInDeferredStockPlanTableTextBlock" id="Tag6192" escape="true">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The table below summarizes the changes of number of shares granted:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;"> </span><br/></p>
<div id="t_ft_747M2JGKSW00000000000000000000b">
<table cellpadding="0" style="height: 120px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; width: 82%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Balance on December 31, 2019 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; width: 4%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 12%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_DeferredStockUnitPlanMember_KeyManagementPersonnelOfEntityOrParentMember" name="ifrs-full:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement" unitRef="Shares" id="Tag6160" decimals="0" format="ixt:num-dot-decimal">1,224,524</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Cancellation of granted shares due to termination of executive employment </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_DeferredStockUnitPlanMember_KeyManagementPersonnelOfEntityOrParentMember" name="ifrs-full:NumberOfOtherEquityInstrumentsExpiredInSharebasedPaymentArrangement" unitRef="Shares" id="Tag7294" decimals="0" format="ixt:num-dot-decimal">200,000</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Shares vested and transferred </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_DeferredStockUnitPlanMember_KeyManagementPersonnelOfEntityOrParentMember" name="ifrs-full:NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement" unitRef="Shares" id="Tag6069" decimals="0" format="ixt:num-dot-decimal">322,264</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Balance on December 31, 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_DeferredStockUnitPlanMember_KeyManagementPersonnelOfEntityOrParentMember" name="ifrs-full:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement" unitRef="Shares" id="Tag6031" decimals="0" format="ixt:num-dot-decimal">702,260</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Shares vested and transferred </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_DeferredStockUnitPlanMember_KeyManagementPersonnelOfEntityOrParentMember" name="ifrs-full:NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement" unitRef="Shares" id="Tag7246" decimals="0" format="ixt:num-dot-decimal">448,930</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Reclassification to assets held for sale </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_DeferredStockUnitPlanMember_KeyManagementPersonnelOfEntityOrParentMember" name="ugp:NumberOfOtherEquityInstrumentsReclassifiedToHeldForSaleInShareBasedPaymentArrangement" unitRef="Shares" id="Tag6078" decimals="0" sign="-" format="ixt:num-dot-decimal">119,998</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Balance on December 31, 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DeferredStockUnitPlanMember_KeyManagementPersonnelOfEntityOrParentMember" name="ifrs-full:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement" unitRef="Shares" id="Tag6013" decimals="0" format="ixt:num-dot-decimal">133,332</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"><br/></td>
</tr>
</tbody>
</table>
</div>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;"> </span><br/></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">In addition, on April 19, 2017, the Ordinary and Extraordinary General Shareholders&#8217; Meeting (&#8220;OEGM&#8221;) of approved a new incentive plan based on shares (&#8221;Plan&#8221;), which establishes the general terms and conditions for the concession of common shares issued by the Company and held in treasury, that may or may not involve the granting of usufruct of part of these shares for later transfer of the ownership of the shares, in periods of <span style="-sec-ix-hidden:Tag8004">three</span> to <span style="-sec-ix-hidden:Tag8001">six</span> years, to directors or employees of the Company or its subsidiaries.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span><br/></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">As a result of the Plan, common shares representing at most <ix:nonFraction contextRef="D20170419_KeyManagementPersonnelOfEntityOrParentMember_DeferredStockUnitPlanMember" name="ugp:ParticipationPercentageOfShareCapital" unitRef="Pure" id="Tag7248" decimals="2" scale="-2" format="ixt:num-dot-decimal">1</ix:nonFraction>% of the Company's share capital may be delivered to the participants, which corresponds, at the date of approval of this Plan, to <ix:nonFraction contextRef="I20170419" name="ifrs-full:SharesReservedForIssueUnderOptionsAndContractsForSaleOfShares" unitRef="Shares" id="Tag5906" decimals="0" format="ixt:num-dot-decimal">11,128,102</ix:nonFraction> common shares.</span></p>
<ix:exclude>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;"> </span><br/></p>
<div>
<div id="t_ft_0VJEIUPHTC00000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-52</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements<br/></div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
</ix:exclude>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<ix:nonNumeric contextRef="D20211231_3" name="ugp:ScheduleOfRestrictedAndPerformanceStockProgramsTableTextBlock" id="Tag6191" escape="true">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The table below summarizes the restricted and performance stock programs:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;"> </span><br/></p>
<div id="t_ft_AICLTBV6SG00000000000000000000b">
<table cellpadding="0" style="height: 282px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 10px;">
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Program </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Grant date </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Balance of number of shares granted </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Vesting period </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Market price of shares on the grant date (in R$ per share) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Total grant costs, including taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Accumulated recognized grant costs </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Accumulated unrecognized grant costs </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 14%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Restricted </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 15%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_GrantDateOctober12017Member_RestrictedStockAwardMember" name="ifrs-full:DateOfGrantOfSharebasedPaymentArrangement" id="Tag5997" escape="true">October 1, 2017</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrantDateOctober12017Member_RestrictedStockAwardMember" name="ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted" unitRef="Shares" id="Tag6083" decimals="0" format="ixt:num-dot-decimal">240,000</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_GrantDateOctober12017Member_RestrictedStockAwardMember" name="ifrs-full:DescriptionOfVestingRequirementsForSharebasedPaymentArrangement" id="Tag5855" escape="true">2023</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrantDateOctober12017Member_RestrictedStockAwardMember" name="ifrs-full:WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019" unitRef="BRLPerShare" id="Tag6154" decimals="2" format="ixt:num-dot-decimal">38.19</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrantDateOctober12017Member_RestrictedStockAwardMember" name="ifrs-full:ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" unitRef="BRL" id="Tag5921" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,293</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_GrantDateOctober12017Member_RestrictedStockAwardMember" name="ugp:AccumulatedRecognizedGrantCosts" unitRef="BRL" id="Tag5885" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,293</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1%;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrantDateOctober12017Member_RestrictedStockAwardMember" name="ugp:AccumulatedUnrecognizedGrantCosts" unitRef="BRL" id="Tag7823" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Restricted </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_GrantDateNovember82017Member_RestrictedStockAwardMember" name="ifrs-full:DateOfGrantOfSharebasedPaymentArrangement" id="Tag7229" escape="true">November 8, 2017</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrantDateNovember82017Member_RestrictedStockAwardMember" name="ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted" unitRef="Shares" id="Tag5966" decimals="0" format="ixt:num-dot-decimal">4,596</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_GrantDateNovember82017Member_RestrictedStockAwardMember" name="ifrs-full:DescriptionOfVestingRequirementsForSharebasedPaymentArrangement" id="Tag5934" escape="true">2022</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrantDateNovember82017Member_RestrictedStockAwardMember" name="ifrs-full:WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019" unitRef="BRLPerShare" id="Tag6054" decimals="2" format="ixt:num-dot-decimal">38.19</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrantDateNovember82017Member_RestrictedStockAwardMember" name="ifrs-full:ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" unitRef="BRL" id="Tag6082" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,018</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_GrantDateNovember82017Member_RestrictedStockAwardMember" name="ugp:AccumulatedRecognizedGrantCosts" unitRef="BRL" id="Tag5895" decimals="-3" scale="3" format="ixt:num-dot-decimal">994</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrantDateNovember82017Member_RestrictedStockAwardMember" name="ugp:AccumulatedUnrecognizedGrantCosts" unitRef="BRL" id="Tag5975" decimals="-3" scale="3" format="ixt:num-dot-decimal">24</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Restricted </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_GrantDateApril42018Member_RestrictedStockAwardMember" name="ifrs-full:DateOfGrantOfSharebasedPaymentArrangement" id="Tag6064" escape="true">April 4, 2018</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrantDateApril42018Member_RestrictedStockAwardMember" name="ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted" unitRef="Shares" id="Tag5973" decimals="0" format="ixt:num-dot-decimal">31,220</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_GrantDateApril42018Member_RestrictedStockAwardMember" name="ifrs-full:DescriptionOfVestingRequirementsForSharebasedPaymentArrangement" id="Tag5957" escape="true">2022 to 2023</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrantDateApril42018Member_RestrictedStockAwardMember" name="ifrs-full:WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019" unitRef="BRLPerShare" id="Tag5875" decimals="2" format="ixt:num-dot-decimal">34.35</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrantDateApril42018Member_RestrictedStockAwardMember" name="ifrs-full:ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" unitRef="BRL" id="Tag5884" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,013</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_GrantDateApril42018Member_RestrictedStockAwardMember" name="ugp:AccumulatedRecognizedGrantCosts" unitRef="BRL" id="Tag6117" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,902</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrantDateApril42018Member_RestrictedStockAwardMember" name="ugp:AccumulatedUnrecognizedGrantCosts" unitRef="BRL" id="Tag6179" decimals="-3" scale="3" format="ixt:num-dot-decimal">111</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Performance </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_GrantDateApril42018Member_PerformanceStockAwardMember" name="ifrs-full:DateOfGrantOfSharebasedPaymentArrangement" id="Tag6066" escape="true">April 4, 2018</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrantDateApril42018Member_PerformanceStockAwardMember" name="ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted" unitRef="Shares" id="Tag5874" decimals="0" format="ixt:num-dot-decimal">5,550</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_GrantDateApril42018Member_PerformanceStockAwardMember" name="ifrs-full:DescriptionOfVestingRequirementsForSharebasedPaymentArrangement" id="Tag6005" escape="true">2022 to 2023</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrantDateApril42018Member_PerformanceStockAwardMember" name="ifrs-full:WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019" unitRef="BRLPerShare" id="Tag6149" decimals="2" format="ixt:num-dot-decimal">34.35</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrantDateApril42018Member_PerformanceStockAwardMember" name="ifrs-full:ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" unitRef="BRL" id="Tag6158" decimals="-3" scale="3" format="ixt:num-dot-decimal">356</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_GrantDateApril42018Member_PerformanceStockAwardMember" name="ugp:AccumulatedRecognizedGrantCosts" unitRef="BRL" id="Tag6141" decimals="-3" scale="3" format="ixt:num-dot-decimal">267</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrantDateApril42018Member_PerformanceStockAwardMember" name="ugp:AccumulatedUnrecognizedGrantCosts" unitRef="BRL" id="Tag5900" decimals="-3" scale="3" format="ixt:num-dot-decimal">89</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Restricted </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_GrantDateSeptember192018Member_RestrictedStockAwardMember" name="ifrs-full:DateOfGrantOfSharebasedPaymentArrangement" id="Tag5860" escape="true">September 19, 2018</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrantDateSeptember192018Member_RestrictedStockAwardMember" name="ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted" unitRef="Shares" id="Tag6046" decimals="0" format="ixt:num-dot-decimal">80,000</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_GrantDateSeptember192018Member_RestrictedStockAwardMember" name="ifrs-full:DescriptionOfVestingRequirementsForSharebasedPaymentArrangement" id="Tag5962" escape="true">2024</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrantDateSeptember192018Member_RestrictedStockAwardMember" name="ifrs-full:WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019" unitRef="BRLPerShare" id="Tag6011" decimals="2" format="ixt:num-dot-decimal">19.58</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrantDateSeptember192018Member_RestrictedStockAwardMember" name="ifrs-full:ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" unitRef="BRL" id="Tag7224" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,020</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_GrantDateSeptember192018Member_RestrictedStockAwardMember" name="ugp:AccumulatedRecognizedGrantCosts" unitRef="BRL" id="Tag6010" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,020</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrantDateSeptember192018Member_RestrictedStockAwardMember" name="ugp:AccumulatedUnrecognizedGrantCosts" unitRef="BRL" id="Tag5974" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Restricted </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_GrantDateSeptember242018Member_RestrictedStockAwardMember" name="ifrs-full:DateOfGrantOfSharebasedPaymentArrangement" id="Tag7295" escape="true">September 24, 2018</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrantDateSeptember242018Member_RestrictedStockAwardMember" name="ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted" unitRef="Shares" id="Tag5915" decimals="0" format="ixt:num-dot-decimal">80,000</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_GrantDateSeptember242018Member_RestrictedStockAwardMember" name="ifrs-full:DescriptionOfVestingRequirementsForSharebasedPaymentArrangement" id="Tag7261" escape="true">2024</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrantDateSeptember242018Member_RestrictedStockAwardMember" name="ifrs-full:WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019" unitRef="BRLPerShare" id="Tag6135" decimals="2" format="ixt:num-dot-decimal">18.40</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrantDateSeptember242018Member_RestrictedStockAwardMember" name="ifrs-full:ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" unitRef="BRL" id="Tag6140" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,170</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_GrantDateSeptember242018Member_RestrictedStockAwardMember" name="ugp:AccumulatedRecognizedGrantCosts" unitRef="BRL" id="Tag7234" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,250</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrantDateSeptember242018Member_RestrictedStockAwardMember" name="ugp:AccumulatedUnrecognizedGrantCosts" unitRef="BRL" id="Tag5872" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,920</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Restricted </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_GrantDateApril32019Member_RestrictedStockAwardMember" name="ifrs-full:DateOfGrantOfSharebasedPaymentArrangement" id="Tag5863" escape="true">April 3, 2019</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> <ix:nonFraction contextRef="D20211231_GrantDateApril32019Member_RestrictedStockAwardMember" name="ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted" unitRef="Shares" id="Tag6111" decimals="0" format="ixt:num-dot-decimal">176,814</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_GrantDateApril32019Member_RestrictedStockAwardMember" name="ifrs-full:DescriptionOfVestingRequirementsForSharebasedPaymentArrangement" id="Tag6109" escape="true">2022 to 2024</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrantDateApril32019Member_RestrictedStockAwardMember" name="ifrs-full:WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019" unitRef="BRLPerShare" id="Tag5896" decimals="2" format="ixt:num-dot-decimal">23.25</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> <ix:nonFraction contextRef="D20211231_GrantDateApril32019Member_RestrictedStockAwardMember" name="ifrs-full:ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" unitRef="BRL" id="Tag6001" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,004</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> (<ix:nonFraction contextRef="D20211231_GrantDateApril32019Member_RestrictedStockAwardMember" name="ugp:AccumulatedRecognizedGrantCosts" unitRef="BRL" id="Tag5970" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,479</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> <ix:nonFraction contextRef="D20211231_GrantDateApril32019Member_RestrictedStockAwardMember" name="ugp:AccumulatedUnrecognizedGrantCosts" unitRef="BRL" id="Tag6043" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,525</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Performance </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_GrantDateApril32019Member_PerformanceStockAwardMember" name="ifrs-full:DateOfGrantOfSharebasedPaymentArrangement" id="Tag5851" escape="true">April 3, 2019</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> <ix:nonFraction contextRef="D20211231_GrantDateApril32019Member_PerformanceStockAwardMember" name="ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted" unitRef="Shares" id="Tag7824" decimals="0" format="ixt:num-dot-decimal">83,412</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_GrantDateApril32019Member_PerformanceStockAwardMember" name="ifrs-full:DescriptionOfVestingRequirementsForSharebasedPaymentArrangement" id="Tag6152" escape="true">2022 to 2024</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrantDateApril32019Member_PerformanceStockAwardMember" name="ifrs-full:WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019" unitRef="BRLPerShare" id="Tag5982" decimals="2" format="ixt:num-dot-decimal">23.25</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> <ix:nonFraction contextRef="D20211231_GrantDateApril32019Member_PerformanceStockAwardMember" name="ifrs-full:ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" unitRef="BRL" id="Tag5891" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,587</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> (<ix:nonFraction contextRef="D20211231_GrantDateApril32019Member_PerformanceStockAwardMember" name="ugp:AccumulatedRecognizedGrantCosts" unitRef="BRL" id="Tag6180" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,212</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> <ix:nonFraction contextRef="D20211231_GrantDateApril32019Member_PerformanceStockAwardMember" name="ugp:AccumulatedUnrecognizedGrantCosts" unitRef="BRL" id="Tag6071" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,375</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Restricted </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_GrantDateSeptember22019Member_RestrictedStockAwardMember" name="ifrs-full:DateOfGrantOfSharebasedPaymentArrangement" id="Tag5897" escape="true">September 2, 2019</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> <ix:nonFraction contextRef="D20211231_GrantDateSeptember22019Member_RestrictedStockAwardMember" name="ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted" unitRef="Shares" id="Tag5898" decimals="0" format="ixt:num-dot-decimal">440,000</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_GrantDateSeptember22019Member_RestrictedStockAwardMember" name="ifrs-full:DescriptionOfVestingRequirementsForSharebasedPaymentArrangement" id="Tag5887" escape="true">2025</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrantDateSeptember22019Member_RestrictedStockAwardMember" name="ifrs-full:WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019" unitRef="BRLPerShare" id="Tag6032" decimals="2" format="ixt:num-dot-decimal">16.42</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> <ix:nonFraction contextRef="D20211231_GrantDateSeptember22019Member_RestrictedStockAwardMember" name="ifrs-full:ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" unitRef="BRL" id="Tag6107" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,965</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> (<ix:nonFraction contextRef="D20211231_GrantDateSeptember22019Member_RestrictedStockAwardMember" name="ugp:AccumulatedRecognizedGrantCosts" unitRef="BRL" id="Tag7282" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,875</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> <ix:nonFraction contextRef="D20211231_GrantDateSeptember22019Member_RestrictedStockAwardMember" name="ugp:AccumulatedUnrecognizedGrantCosts" unitRef="BRL" id="Tag7220" decimals="-3" scale="3" format="ixt:num-dot-decimal">6,090</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Restricted </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_GrantDateApril12020Member_RestrictedStockAwardMember" name="ifrs-full:DateOfGrantOfSharebasedPaymentArrangement" id="Tag5853" escape="true">April 1, 2020</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> <ix:nonFraction contextRef="D20211231_GrantDateApril12020Member_RestrictedStockAwardMember" name="ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted" unitRef="Shares" id="Tag5857" decimals="0" format="ixt:num-dot-decimal">290,082</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_GrantDateApril12020Member_RestrictedStockAwardMember" name="ifrs-full:DescriptionOfVestingRequirementsForSharebasedPaymentArrangement" id="Tag6092" escape="true">2023 to 2025</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrantDateApril12020Member_RestrictedStockAwardMember" name="ifrs-full:WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019" unitRef="BRLPerShare" id="Tag7285" decimals="2" format="ixt:num-dot-decimal">12.53</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> <ix:nonFraction contextRef="D20211231_GrantDateApril12020Member_RestrictedStockAwardMember" name="ifrs-full:ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" unitRef="BRL" id="Tag5999" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,668</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> (<ix:nonFraction contextRef="D20211231_GrantDateApril12020Member_RestrictedStockAwardMember" name="ugp:AccumulatedRecognizedGrantCosts" unitRef="BRL" id="Tag7240" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,135</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> <ix:nonFraction contextRef="D20211231_GrantDateApril12020Member_RestrictedStockAwardMember" name="ugp:AccumulatedUnrecognizedGrantCosts" unitRef="BRL" id="Tag5871" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,533</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Performance </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_GrantDateApril12020Member_PerformanceStockAwardMember" name="ifrs-full:DateOfGrantOfSharebasedPaymentArrangement" id="Tag7226" escape="true">April 1, 2020</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> <ix:nonFraction contextRef="D20211231_GrantDateApril12020Member_PerformanceStockAwardMember" name="ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted" unitRef="Shares" id="Tag6133" decimals="0" format="ixt:num-dot-decimal">238,188</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_GrantDateApril12020Member_PerformanceStockAwardMember" name="ifrs-full:DescriptionOfVestingRequirementsForSharebasedPaymentArrangement" id="Tag6177" escape="true">2023 to 2025</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrantDateApril12020Member_PerformanceStockAwardMember" name="ifrs-full:WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019" unitRef="BRLPerShare" id="Tag5958" decimals="2" format="ixt:num-dot-decimal">12.53</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> <ix:nonFraction contextRef="D20211231_GrantDateApril12020Member_PerformanceStockAwardMember" name="ifrs-full:ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" unitRef="BRL" id="Tag7266" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,494</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> (<ix:nonFraction contextRef="D20211231_GrantDateApril12020Member_PerformanceStockAwardMember" name="ugp:AccumulatedRecognizedGrantCosts" unitRef="BRL" id="Tag5964" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,960</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> <ix:nonFraction contextRef="D20211231_GrantDateApril12020Member_PerformanceStockAwardMember" name="ugp:AccumulatedUnrecognizedGrantCosts" unitRef="BRL" id="Tag5937" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,534</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Restricted </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_GrantDateSeptember162020Member_RestrictedStockAwardMember" name="ifrs-full:DateOfGrantOfSharebasedPaymentArrangement" id="Tag5847" escape="true">September 16, 2020</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrantDateSeptember162020Member_RestrictedStockAwardMember" name="ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted" unitRef="Shares" id="Tag6065" decimals="0" format="ixt:num-dot-decimal">700,000</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_GrantDateSeptember162020Member_RestrictedStockAwardMember" name="ifrs-full:DescriptionOfVestingRequirementsForSharebasedPaymentArrangement" id="Tag5905" escape="true">2026</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrantDateSeptember162020Member_RestrictedStockAwardMember" name="ifrs-full:WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019" unitRef="BRLPerShare" id="Tag6168" decimals="2" format="ixt:num-dot-decimal">23.03</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrantDateSeptember162020Member_RestrictedStockAwardMember" name="ifrs-full:ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" unitRef="BRL" id="Tag7219" decimals="-3" scale="3" format="ixt:num-dot-decimal">13,259</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_GrantDateSeptember162020Member_RestrictedStockAwardMember" name="ugp:AccumulatedRecognizedGrantCosts" unitRef="BRL" id="Tag5901" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,847</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrantDateSeptember162020Member_RestrictedStockAwardMember" name="ugp:AccumulatedUnrecognizedGrantCosts" unitRef="BRL" id="Tag6104" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,412</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Restricted </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_GrantDateApril72021Member_RestrictedStockAwardMember" name="ifrs-full:DateOfGrantOfSharebasedPaymentArrangement" id="Tag5930" escape="true">April 7, 2021</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrantDateApril72021Member_RestrictedStockAwardMember" name="ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted" unitRef="Shares" id="Tag5907" decimals="0" format="ixt:num-dot-decimal">522,716</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_GrantDateApril72021Member_RestrictedStockAwardMember" name="ifrs-full:DescriptionOfVestingRequirementsForSharebasedPaymentArrangement" id="Tag5941" escape="true">2024</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrantDateApril72021Member_RestrictedStockAwardMember" name="ifrs-full:WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019" unitRef="BRLPerShare" id="Tag6142" decimals="2" format="ixt:num-dot-decimal">20.85</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrantDateApril72021Member_RestrictedStockAwardMember" name="ifrs-full:ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" unitRef="BRL" id="Tag5839" decimals="-3" scale="3" format="ixt:num-dot-decimal">17,985</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_GrantDateApril72021Member_RestrictedStockAwardMember" name="ugp:AccumulatedRecognizedGrantCosts" unitRef="BRL" id="Tag5913" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,141</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrantDateApril72021Member_RestrictedStockAwardMember" name="ugp:AccumulatedUnrecognizedGrantCosts" unitRef="BRL" id="Tag5881" decimals="-3" scale="3" format="ixt:num-dot-decimal">12,844</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Performance </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_GrantDateApril72021Member_PerformanceStockAwardMember" name="ifrs-full:DateOfGrantOfSharebasedPaymentArrangement" id="Tag6122" escape="true">April 7, 2021</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrantDateApril72021Member_PerformanceStockAwardMember" name="ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted" unitRef="Shares" id="Tag5929" decimals="0" format="ixt:num-dot-decimal">522,716</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_GrantDateApril72021Member_PerformanceStockAwardMember" name="ifrs-full:DescriptionOfVestingRequirementsForSharebasedPaymentArrangement" id="Tag6088" escape="true">2024</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrantDateApril72021Member_PerformanceStockAwardMember" name="ifrs-full:WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019" unitRef="BRLPerShare" id="Tag5972" decimals="2" format="ixt:num-dot-decimal">20.85</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrantDateApril72021Member_PerformanceStockAwardMember" name="ifrs-full:ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" unitRef="BRL" id="Tag6029" decimals="-3" scale="3" format="ixt:num-dot-decimal">17,985</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_GrantDateApril72021Member_PerformanceStockAwardMember" name="ugp:AccumulatedRecognizedGrantCosts" unitRef="BRL" id="Tag5902" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,141</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrantDateApril72021Member_PerformanceStockAwardMember" name="ugp:AccumulatedUnrecognizedGrantCosts" unitRef="BRL" id="Tag6136" decimals="-3" scale="3" format="ixt:num-dot-decimal">12,844</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Restricted </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_GrantDateSeptember222021Member_RestrictedStockAwardMember" name="ifrs-full:DateOfGrantOfSharebasedPaymentArrangement" id="Tag7241" escape="true">September 22, 2021</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrantDateSeptember222021Member_RestrictedStockAwardMember" name="ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted" unitRef="Shares" id="Tag5961" decimals="0" format="ixt:num-dot-decimal">1,000,000</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_GrantDateSeptember222021Member_RestrictedStockAwardMember" name="ifrs-full:DescriptionOfVestingRequirementsForSharebasedPaymentArrangement" id="Tag6060" escape="true">2027</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrantDateSeptember222021Member_RestrictedStockAwardMember" name="ifrs-full:WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019" unitRef="BRLPerShare" id="Tag6144" decimals="2" format="ixt:num-dot-decimal">14.17</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> <ix:nonFraction contextRef="D20211231_GrantDateSeptember222021Member_RestrictedStockAwardMember" name="ifrs-full:ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" unitRef="BRL" id="Tag6143" decimals="-3" scale="3" format="ixt:num-dot-decimal">19,547</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> (<ix:nonFraction contextRef="D20211231_GrantDateSeptember222021Member_RestrictedStockAwardMember" name="ugp:AccumulatedRecognizedGrantCosts" unitRef="BRL" id="Tag6119" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,087</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrantDateSeptember222021Member_RestrictedStockAwardMember" name="ugp:AccumulatedUnrecognizedGrantCosts" unitRef="BRL" id="Tag5837" decimals="-3" scale="3" format="ixt:num-dot-decimal">18,460</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted" unitRef="Shares" id="Tag6188" decimals="0" format="ixt:num-dot-decimal">4,415,294</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" unitRef="BRL" id="Tag7271" decimals="-3" scale="3" format="ixt:num-dot-decimal">118,364</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> (<ix:nonFraction contextRef="D20211231_3" name="ugp:AccumulatedRecognizedGrantCosts" unitRef="BRL" id="Tag5956" decimals="-3" scale="3" format="ixt:num-dot-decimal">50,603</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> <ix:nonFraction contextRef="D20211231_3" name="ugp:AccumulatedUnrecognizedGrantCosts" unitRef="BRL" id="Tag5959" decimals="-3" scale="3" format="ixt:num-dot-decimal">67,761</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
</ix:nonNumeric>
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 11pt;"> </span><br/></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">For the year ended December 31, 2021, a general and administrative expense in the amount of R$ <ix:nonFraction contextRef="D20211231_RestrictedAndPerformanceStockMember" name="ifrs-full:GeneralAndAdministrativeExpense" unitRef="BRL" id="Tag6061" decimals="-3" scale="3" format="ixt:num-dot-decimal">24,067</ix:nonFraction> <span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">&#8211; continuing operation and R$&#160;<span style="border-left: none; border-right: none;"><ix:nonFraction contextRef="D20211231_RestrictedAndPerformanceStockMember_DiscontinuedOperationsMember" name="ifrs-full:GeneralAndAdministrativeExpense" unitRef="BRL" id="Tag5878" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,283</ix:nonFraction></span>&#160;&#8211; discontinued operation</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">&#160;</span>was recognized in relation to the Plan (R$ <ix:nonFraction contextRef="D20201231_RestrictedAndPerformanceStockMember" name="ifrs-full:GeneralAndAdministrativeExpense" unitRef="BRL" id="Tag7281" decimals="-3" scale="3" format="ixt:num-dot-decimal">10,440</ix:nonFraction> <span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#8211; continuing operation and R$</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">&#160;<span style="border-left: none; border-right: none;"><ix:nonFraction contextRef="D20201231_RestrictedAndPerformanceStockMember_DiscontinuedOperationsMember" name="ifrs-full:GeneralAndAdministrativeExpense" unitRef="BRL" id="Tag5877" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,224</ix:nonFraction></span>&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#8211; discontinued operation&#160;</span>for the year ended December 31, 2020 and R$ <ix:nonFraction contextRef="D20191231_RestrictedAndPerformanceStockMember" name="ifrs-full:GeneralAndAdministrativeExpense" unitRef="BRL" id="Tag6044" decimals="-3" scale="3" format="ixt:num-dot-decimal">10,674</ix:nonFraction> <span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#8211; continuing operation and R$</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">&#160;<span style="border-left: none; border-right: none;"><ix:nonFraction contextRef="D20191231_RestrictedAndPerformanceStockMember_DiscontinuedOperationsMember" name="ifrs-full:GeneralAndAdministrativeExpense" unitRef="BRL" id="Tag6035" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,219</ix:nonFraction></span>&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#8211; discontinued operation&#160;</span>for the year ended December 31, 2019.&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;"> </span><br/></p>
<ix:nonNumeric contextRef="D20211231_3" name="ugp:DisclosureOfSummarizedChangesOfNumberOfRestrictedAndPerformanceSharesGrantedExplanatory" id="Tag6193" escape="true">
<table cellpadding="0" style="height: 208px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 82%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Balance on December 31, 2019 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 5%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_RestrictedAndPerformanceStockMember" name="ifrs-full:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement" unitRef="Shares" id="Tag7822" decimals="0" format="ixt:num-dot-decimal">1,738,660</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Shares granted on April 1, 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_GrossSharesGrantDateApril12020Member_RestrictedAndPerformanceStockMember" name="ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted" unitRef="Shares" id="Tag6181" decimals="0" format="ixt:num-dot-decimal">877,788</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Shares granted on September 16, 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_GrantDateSeptember162020Member_RestrictedAndPerformanceStockMember" name="ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted" unitRef="Shares" id="Tag5979" decimals="0" format="ixt:num-dot-decimal">700,000</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Cancellation of granted shares due to termination of executive employment </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_RestrictedAndPerformanceStockMember" name="ifrs-full:NumberOfOtherEquityInstrumentsExpiredInSharebasedPaymentArrangement" unitRef="Shares" id="Tag7237" decimals="0" format="ixt:num-dot-decimal">353,294</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Cancellation of performance shares </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_RestrictedAndPerformanceStockMember" name="ugp:NumberOfInstrumentsOtherEquityInstrumentsCancellationOfPerformanceSharesDueToTerminationOfExecutiveEmployment" unitRef="Shares" id="Tag6081" decimals="0" format="ixt:num-dot-decimal">52,992</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Balance on December 31, 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_RestrictedAndPerformanceStockMember" name="ifrs-full:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement" unitRef="Shares" id="Tag5928" decimals="0" format="ixt:num-dot-decimal">2,910,162</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Shares granted on April 7, 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrantDateApril72021Member_RestrictedAndPerformanceStockMember" name="ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted" unitRef="Shares" id="Tag7821" decimals="0" format="ixt:num-dot-decimal">1,386,504</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Shares granted on September 22, 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrantDateSeptember222021Member_RestrictedAndPerformanceStockMember" name="ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted" unitRef="Shares" id="Tag6162" decimals="0" format="ixt:num-dot-decimal">1,000,000</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 21px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 21px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Performance shares <span style="font-size: 8pt;"><sup>(i)</sup></span></span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 21px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 21px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_RestrictedAndPerformanceStockMember" name="ugp:NumberOfInstrumentsOtherEquityInstrumentsCancellationOfPerformanceSharesDueToTerminationOfExecutiveEmployment" unitRef="Shares" id="Tag6057" decimals="0" format="ixt:num-dot-decimal">133,326</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Cancellation of granted shares due to termination of executive employment </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_RestrictedAndPerformanceStockMember" name="ifrs-full:NumberOfOtherEquityInstrumentsExpiredInSharebasedPaymentArrangement" unitRef="Shares" id="Tag5899" decimals="0" format="ixt:num-dot-decimal">133,186</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Reclassification to assets held for sale </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_RestrictedAndPerformanceStockMember" name="ugp:NumberOfOtherEquityInstrumentsReclassifiedToHeldForSaleInShareBasedPaymentArrangement" unitRef="Shares" id="Tag5909" decimals="0" sign="-" format="ixt:num-dot-decimal">614,860</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Balance on December 31, 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_RestrictedAndPerformanceStockMember" name="ifrs-full:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement" unitRef="Shares" id="Tag7230" decimals="0" format="ixt:num-dot-decimal">4,415,294</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;"> </span><br/></p>
<div id="t_ft_LSCVQEWHZ400000000000000000000b">
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td style="width: 1%;"><sup><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(i)</span></sup></td>
<td style="width: 99%;"><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote22"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Refers to the reversal of the provision constituted in view of the significant probability that performance indicators will not be achieved.</span></ix:footnote></td>
</tr>
</tbody>
</table>
</div>
</div>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;"> </span><br/></p>
<div style="font-family: 'times new roman', times; font-size: 10pt;">
<div id="t_ft_8ZE5AAB0TC00000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt; height: 17px;">
<tbody>
<tr style="height: 17px;">
<td class="pgno" style="padding: 0px; text-align: center; height: 17px;"><span style="font-size: 10pt;" class="pageno">F-53</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;"> </span><br/></p>
</div><div id="Normadiv251" style="font-family: 'times new roman', times; font-size: 10pt;">
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements<br/></div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:DisclosureOfIncomeTaxExplanatory" id="Tag7836" escape="true">
<p style="margin: 0pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">10</span><span style="font-weight: bold;">. Income and </span><span style="font-weight: bold;">s</span><span style="font-weight: bold;">ocial </span><span style="font-weight: bold;">c</span><span style="font-weight: bold;">ontribution </span><span style="font-weight: bold;">t</span><span style="font-weight: bold;">axes</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">a. Deferred income (IRPJ) and social contribution taxes (CSLL)&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The Company and its subsidiaries recognize deferred tax assets and liabilities, which are not subject to the statute of limitations, mainly resulting from provision for differences between cash and accrual basis, tax loss carryforwards, negative tax bases and provisions for tax, civil, and labor risks. Deferred tax assets are sustained by the continued profitability of their operations. Deferred IRPJ and CSLL are recognized under the following main categories:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:DisclosureOfDeferredTaxesExplanatory" id="Tag6388" escape="true" continuedAt="c8a179db7-c319-46bb-b65a-3fa3830d4930">
<table cellpadding="0" style="height: 469px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Assets - deferred income and social contribution taxes on: </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Provision for impairment of assets </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:DeferredIncomeAndSocialContributionTaxesProvisionForImpairmentOfAssets" unitRef="BRL" id="Tag4849" decimals="-3" scale="3" format="ixt:num-dot-decimal">57,924</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:DeferredIncomeAndSocialContributionTaxesProvisionForImpairmentOfAssets" unitRef="BRL" id="Tag4858" decimals="-3" scale="3" format="ixt:num-dot-decimal">75,231</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Provisions for tax, civil, and labor risks </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:DeferredIncomeAndSocialContributionTaxesProvisionsFortaxCivilAndLaborRisks" unitRef="BRL" id="Tag1403" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">188,236</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:DeferredIncomeAndSocialContributionTaxesProvisionsFortaxCivilAndLaborRisks" unitRef="BRL" id="Tag5819" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">138,516</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Provision for post-employment benefits </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:DeferredIncomeAndSocialContributionTaxesProvisionForPostEmploymentBenefits" unitRef="BRL" id="Tag4378" decimals="-3" scale="3" format="ixt:num-dot-decimal">73,335</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:DeferredIncomeAndSocialContributionTaxesProvisionForPostEmploymentBenefits" unitRef="BRL" id="Tag4707" decimals="-3" scale="3" format="ixt:num-dot-decimal">96,108</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Provision for differences between cash and accrual basis (i) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:DeferredIncomeAndSocialContributionTaxesProvisionForDifferencesBetweenCashAndAccrualBasisAssets" unitRef="BRL" id="Tag4724" decimals="-3" scale="3" format="ixt:num-dot-decimal">24,754</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:DeferredIncomeAndSocialContributionTaxesProvisionForDifferencesBetweenCashAndAccrualBasisAssets" unitRef="BRL" id="Tag4792" decimals="-3" scale="3" format="ixt:num-dot-decimal">606,054</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Goodwill </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:DeferredincomeAndSocialContributionTaxesGoodwill" unitRef="BRL" id="Tag4909" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,825</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:DeferredincomeAndSocialContributionTaxesGoodwill" unitRef="BRL" id="Tag4742" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,161</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Business combination &#8211; tax basis vs. accounting basis of goodwill </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:DeferredIncomeAndSocialContributionTaxesBusinessCombinationFiscalBasisAccountingBasisOfGoodwill" unitRef="BRL" id="Tag4735" decimals="-3" scale="3" format="ixt:num-dot-decimal">18,699</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:DeferredIncomeAndSocialContributionTaxesBusinessCombinationFiscalBasisAccountingBasisOfGoodwill" unitRef="BRL" id="Tag4809" decimals="-3" scale="3" format="ixt:num-dot-decimal">75,515</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Provision for asset retirement obligation </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:DeferredIncomeAndSocialContributionTaxesProvisionForAssetRetirementObligation" unitRef="BRL" id="Tag4913" decimals="-3" scale="3" format="ixt:num-dot-decimal">16,991</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:DeferredIncomeAndSocialContributionTaxesProvisionForAssetRetirementObligation" unitRef="BRL" id="Tag4741" decimals="-3" scale="3" format="ixt:num-dot-decimal">15,728</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Provision for suppliers </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:DeferredIncomeAndSocialContributionTaxesProvisionForSuppliers" unitRef="BRL" id="Tag4852" decimals="-3" scale="3" format="ixt:num-dot-decimal">39,364</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:DeferredIncomeAndSocialContributionTaxesProvisionForSuppliers" unitRef="BRL" id="Tag4834" decimals="-3" scale="3" format="ixt:num-dot-decimal">49,501</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Provision for profit sharing and bonus </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:DeferredIncomeAndSocialContributionTaxesProvisionForProfitSharingAndBonus" unitRef="BRL" id="Tag163" decimals="-3" scale="3" format="ixt:num-dot-decimal">44,876</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:DeferredIncomeAndSocialContributionTaxesProvisionForProfitSharingAndBonus" unitRef="BRL" id="Tag4799" decimals="-3" scale="3" format="ixt:num-dot-decimal">56,873</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Leases payable </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:DeferredIncomeAndSocialContributionTaxesLeasesPayable" unitRef="BRL" id="Tag4908" decimals="-3" scale="3" format="ixt:num-dot-decimal">41,463</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:DeferredIncomeAndSocialContributionTaxesLeasesPayable" unitRef="BRL" id="Tag5815" decimals="-3" scale="3" format="ixt:num-dot-decimal">41,932</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Change in fair value of subscription warrants </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:DeferredIncomeAndSocialContributionTaxesChangeInFairValueOfSubscriptionWarrants" unitRef="BRL" id="Tag4811" decimals="-3" scale="3" format="ixt:num-dot-decimal">10,957</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:DeferredIncomeAndSocialContributionTaxesChangeInFairValueOfSubscriptionWarrants" unitRef="BRL" id="Tag4798" decimals="-3" scale="3" format="ixt:num-dot-decimal">22,833</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Provision for deferred revenue </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:DeferredIncomeAndSocialContributionTaxesProvisionForDeferredRevenue" unitRef="BRL" id="Tag4711" decimals="-3" scale="3" format="ixt:num-dot-decimal">15,643</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:DeferredIncomeAndSocialContributionTaxesProvisionForDeferredRevenue" unitRef="BRL" id="Tag4833" decimals="-3" scale="3" format="ixt:num-dot-decimal">25,770</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Other provisions </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:DeferredIncomeAndSocialContributionTaxesOtherProvisions" unitRef="BRL" id="Tag7213" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,769</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:DeferredIncomeAndSocialContributionTaxesOtherProvisions" unitRef="BRL" id="Tag4901" decimals="-3" scale="3" format="ixt:num-dot-decimal">14,917</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 13px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Tax losses and negative basis for social contribution carryforwards (10.d) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:DeferredIncomeAndSocialContributionTaxesTaxLossesAndNegativeBasisForSocialContributionCarryforwards" unitRef="BRL" id="Tag4912" decimals="-3" scale="3" format="ixt:num-dot-decimal">148,345</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:DeferredIncomeAndSocialContributionTaxesTaxLossesAndNegativeBasisForSocialContributionCarryforwards" unitRef="BRL" id="Tag4701" decimals="-3" scale="3" format="ixt:num-dot-decimal">363,862</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:DeferredIncomeAndSocialContributionTaxAssets" unitRef="BRL" id="Tag7217" decimals="-3" scale="3" format="ixt:num-dot-decimal">688,181</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:DeferredIncomeAndSocialContributionTaxAssets" unitRef="BRL" id="Tag4897" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,588,001</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;"><br/></td>
</tr>
<tr style="height: 11px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 11px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Offset liability balance of deferred IRPJ and CSLL </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 11px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231" name="ugp:DeferredIncomeAndSocialContributioTaxesOffsetLiabilitiesBalance" unitRef="BRL" id="Tag4862" decimals="-3" scale="3" format="ixt:num-dot-decimal">116,426</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 11px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 11px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 11px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231" name="ugp:DeferredIncomeAndSocialContributioTaxesOffsetLiabilitiesBalance" unitRef="BRL" id="Tag4787" decimals="-3" scale="3" format="ixt:num-dot-decimal">613,290</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 11px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Net balance of deferred taxes assets </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ifrs-full:DeferredTaxAssets" unitRef="BRL" id="Tag4727" decimals="-3" scale="3" format="ixt:num-dot-decimal">571,755</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ifrs-full:DeferredTaxAssets" unitRef="BRL" id="Tag4933" decimals="-3" scale="3" format="ixt:num-dot-decimal">974,711</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Liabilities - deferred income and social contribution taxes on: </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Revaluation of PP&amp;E </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:DeferredIncomeAndSocialContributionTaxesRevaluationOfPropertyPlantAndEquipment" unitRef="BRL" id="Tag4847" decimals="-3" scale="3" format="ixt:num-dot-decimal">408</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:DeferredIncomeAndSocialContributionTaxesRevaluationOfPropertyPlantAndEquipment" unitRef="BRL" id="Tag4726" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,776</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Leases payable </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:DeferredIncomeAndSocialContributionTaxesLease" unitRef="BRL" id="Tag4837" decimals="-3" scale="3" format="ixt:num-dot-decimal">138</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:DeferredIncomeAndSocialContributionTaxesLease" unitRef="BRL" id="Tag4795" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,895</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Provision for differences between cash and accrual basis (i) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:DeferredIncomeAndSocialContributionTaxesProvisionForDifferencesBetweenCashAndAccrualBasisLiabilities" unitRef="BRL" id="Tag4708" decimals="-3" scale="3" format="ixt:num-dot-decimal">19,664</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:DeferredIncomeAndSocialContributionTaxesProvisionForDifferencesBetweenCashAndAccrualBasisLiabilities" unitRef="BRL" id="Tag4905" decimals="-3" scale="3" format="ixt:num-dot-decimal">402,780</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Provision for goodwill </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:DeferredIncomeAndSocialContributionTaxesProvisionForPostemploymentBenefitsProvisionForGoodwillAndNegativeGoodwill" unitRef="BRL" id="Tag5818" decimals="-3" scale="3" format="ixt:num-dot-decimal">28,676</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:DeferredIncomeAndSocialContributionTaxesProvisionForPostemploymentBenefitsProvisionForGoodwillAndNegativeGoodwill" unitRef="BRL" id="Tag4813" decimals="-3" scale="3" format="ixt:num-dot-decimal">92,242</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Business combination &#8211; fair value of assets </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:DeferredIncomeAndSocialContributionTaxesProvisionForPostemploymentBenefitsBusinessCombinationFairValueOfAssets" unitRef="BRL" id="Tag159" decimals="-3" scale="3" format="ixt:num-dot-decimal">66,079</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:DeferredIncomeAndSocialContributionTaxesProvisionForPostemploymentBenefitsBusinessCombinationFairValueOfAssets" unitRef="BRL" id="Tag142" decimals="-3" scale="3" format="ixt:num-dot-decimal">111,832</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Other provisions </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:DeferredIncomeAndSocialContributionTaxesOtherProvisionsLiabilities" unitRef="BRL" id="Tag4840" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,743</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:DeferredIncomeAndSocialContributionTaxesOtherProvisionsLiabilities" unitRef="BRL" id="Tag4733" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">15,497</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:DeferredIncomeAndSocialContributionTaxLiabilities" unitRef="BRL" id="Tag4808" decimals="-3" scale="3" format="ixt:num-dot-decimal">116,708</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:DeferredIncomeAndSocialContributionTaxLiabilities" unitRef="BRL" id="Tag7198" decimals="-3" scale="3" format="ixt:num-dot-decimal">626,022</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Offset asset balance of deferred IRPJ and CSLL </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231" name="ugp:DeferredIncomeAndSocialContributionTaxesOffsetAssetsBalance" unitRef="BRL" id="Tag4706" decimals="-3" scale="3" format="ixt:num-dot-decimal">116,426</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231" name="ugp:DeferredIncomeAndSocialContributionTaxesOffsetAssetsBalance" unitRef="BRL" id="Tag4841" decimals="-3" scale="3" format="ixt:num-dot-decimal">613,290</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; height: 17px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 73%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Net balance of deferred taxes liabilities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ifrs-full:DeferredTaxLiabilities" unitRef="BRL" id="Tag144" decimals="-3" scale="3" format="ixt:num-dot-decimal">282</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ifrs-full:DeferredTaxLiabilities" unitRef="BRL" id="Tag4728" decimals="-3" scale="3" format="ixt:num-dot-decimal">12,732</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 17px; width: 1%;"><br/></td>
</tr>
</tbody>
</table>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<ix:continuation id="c8a179db7-c319-46bb-b65a-3fa3830d4930">
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td style="width: 1%;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(i)</span></td>
<td style="width: 99%;"><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote23"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">Refers, mainly, to the income tax on the exchange variation of the&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">derivate&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">hedging instruments.</span></span></ix:footnote></td>
</tr>
</tbody>
</table>
</ix:continuation>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 9pt;">&#160;</span></p>
<div>
<div id="t_ft_N2IJ4Z3DB400000000000000000000b">
<ix:exclude>
<div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt; height: 17px;">
<tbody>
<tr style="height: 17px;">
<td class="pgno" style="padding: 0px; text-align: center; height: 17px;"><span style="font-size: 10pt;" class="pageno">F-54</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; margin-top: 6pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements<br/></div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
</ix:exclude>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<ix:nonNumeric contextRef="D20211231_3" name="ugp:SummaryOfChangesInBalanceOfDeferredTaxesTableTextBlock" id="Tag6385" escape="true">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Changes in the net balance of deferred IRPJ and CSLL are as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_A6DW9Q2KPC00000000000000000000b">
<table cellpadding="0" style="height: 149px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 2019 </span></p>
</td>
<td style="vertical-align: bottom;"><br/></td>
<td style="vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 58%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Initial balance </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ifrs-full:DeferredTaxLiabilityAsset" unitRef="BRL" id="Tag4914" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">961,979</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231" name="ifrs-full:DeferredTaxLiabilityAsset" unitRef="BRL" id="Tag4812" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">646,163</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px; width: 1%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20181231" name="ifrs-full:DeferredTaxLiabilityAsset" unitRef="BRL" id="Tag7207" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">504,890</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; width: 1%;"><br/></td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; width: 1%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Deferred IRPJ and CSLL recognized in income of the year </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss" unitRef="BRL" id="Tag4703" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">242,246</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss" unitRef="BRL" id="Tag1410" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">234,244</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="vertical-align: top; height: 10px; padding: 0px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; padding: 0px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;">(<span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231" name="ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss" unitRef="BRL" id="Tag162" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,633</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px;">)</td>
<td style="vertical-align: top; padding: 0px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Deferred IRPJ and CSLL of subsidiaries classified as discontinued operations </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ugp:DeferredTaxExpenseIncomeRecognisedInProfitOrLossFromDiscontinuedOperations" unitRef="BRL" id="Tag4936" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">110,821</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_3" name="ugp:DeferredTaxExpenseIncomeRecognisedInProfitOrLossFromDiscontinuedOperations" unitRef="BRL" id="Tag4699" decimals="-3" scale="3" format="ixt:num-dot-decimal">146,305</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="vertical-align: top; height: 10px; background-color: #cceeff; padding: 0px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; background-color: #cceeff; padding: 0px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ugp:DeferredTaxExpenseIncomeRecognisedInProfitOrLossFromDiscontinuedOperations" unitRef="BRL" id="Tag4731" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">100,098</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Deferred IRPJ and CSLL recognized in other comprehensive income </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome" unitRef="BRL" id="Tag4903" decimals="-3" scale="3" format="ixt:num-dot-decimal">11,366</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome" unitRef="BRL" id="Tag4930" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">210,034</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="vertical-align: top; height: 10px; padding: 0px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; padding: 0px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ifrs-full:IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome" unitRef="BRL" id="Tag4846" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">40,497</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px;"><br/></td>
<td style="vertical-align: top; padding: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Reclassification to assets held for sale </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_3" name="ugp:DecreaseThroughClassifiedAsHeldForSaleDeferredTaxLiabilityAsset" unitRef="BRL" id="Tag4788" decimals="-3" scale="3" format="ixt:num-dot-decimal">728,986</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_3" name="ugp:DecreaseThroughClassifiedAsHeldForSaleDeferredTaxLiabilityAsset" unitRef="BRL" id="Tag7214" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ugp:DecreaseThroughClassifiedAsHeldForSaleDeferredTaxLiabilityAsset" unitRef="BRL" id="Tag4898" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_3" name="ugp:IncreaseDecreaseThroughOtherAdjustmentsDeferredTaxLiabilityAsset" unitRef="BRL" id="Tag4729" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,221</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ugp:IncreaseDecreaseThroughOtherAdjustmentsDeferredTaxLiabilityAsset" unitRef="BRL" id="Tag4806" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">17,843</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ugp:IncreaseDecreaseThroughOtherAdjustmentsDeferredTaxLiabilityAsset" unitRef="BRL" id="Tag4670" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">3,311</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px;"><br/></td>
<td style="vertical-align: top; padding: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Final balance </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ifrs-full:DeferredTaxLiabilityAsset" unitRef="BRL" id="Tag7195" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">571,473</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ifrs-full:DeferredTaxLiabilityAsset" unitRef="BRL" id="Tag4869" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">961,979</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231" name="ifrs-full:DeferredTaxLiabilityAsset" unitRef="BRL" id="Tag138" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">646,163</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px;"><br/></td>
</tr>
</tbody>
</table>
</div>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In order to evaluate the realization of&#160;deferred tax assets, the taxable income projections from&#160;business plans of each segment of the Company which indicates trends and perspectives, demand effects, competition and other economic factors, and that represent the management&#8217;s best estimate about the economic conditions existing during the period of realization of the deferred tax asset were taken into account.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify; font-family: 'times new roman', times; font-size: 10pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The main key assumptions used to calculate the realization of deferred tax assets are: growth in Gross Domestic Product (&#8220;GDP&#8221;), exchange rate, basic interest rate (SELIC) and DI, inflation rate, commodity price index, among others. The balances of Company and its subsidiaries of R$ <ix:nonFraction contextRef="I20211231" name="ugp:DeferredIncomeAndSocialContributionTaxAssets" unitRef="BRL" id="Tag4851" decimals="-3" scale="3" format="ixt:num-dot-decimal">688,181</ix:nonFraction> were supported by the technical study on taxable profit projections for the realization of deferred tax assets.&#160;</span></p>
<div>
<div id="t_ft_I160S9JKDC00000000000000000000b">
<ix:exclude>
<p style="margin: 0px; text-align: justify; font-family: 'times new roman', times; font-size: 10pt; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><br/></span></p>
<div>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-55</span></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements<br/></div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
</ix:exclude>
</div>
</div>
<p style="margin: 0in 0in 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; background-color: #ffffff; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', 'serif';"><br/></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">b. Reconciliation of income and social contribution taxes&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ugp:SummaryOfTaxReconciliationTableTextBlock" id="Tag6384" escape="true">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">IRPJ and CSLL are reconciled to the statutory tax rates as follows:&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_0JEKFPBZZ400000000000000000000b">
<table cellpadding="0" style="height: 283px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center; font-weight: bold;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center; font-weight: bold;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 2020 </span></p>
</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center; font-weight: bold;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 2019 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px;"><br/></td>
<td style="vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center; font-weight: bold;"><span style="font-size: 8pt; font-family: 'times new roman', times;">Re-Restated (i) </span></p>
</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center; font-weight: bold;"><span style="font-size: 8pt; font-family: 'times new roman', times;"> <span style="color: #000000; font-family: 'times new roman', times; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Re-</span>Restated (i) </span></p>
</td>
<td style="vertical-align: bottom; height: 17px;"><br/></td>
<td style="vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 58%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Income before taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:ProfitLossBeforeTax" unitRef="BRL" id="Tag137" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,006,648</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:ProfitLossBeforeTax" unitRef="BRL" id="Tag4904" decimals="-3" scale="3" format="ixt:num-dot-decimal">951,581</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; height: 17px; padding: 0px; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px; background-color: #cceeff; width: 12%; text-align: right;"><ix:nonFraction contextRef="D20191231" name="ifrs-full:ProfitLossBeforeTax" unitRef="BRL" id="Tag7205" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,365,177</ix:nonFraction></td>
<td style="vertical-align: top; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Statutory tax rates &#8211; % </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:ApplicableTaxRate" unitRef="Pure" id="Tag4704" decimals="2" scale="-2" format="ixt:num-dot-decimal">34</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:ApplicableTaxRate" unitRef="Pure" id="Tag4863" decimals="2" scale="-2" format="ixt:num-dot-decimal">34</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px; text-align: right;"><ix:nonFraction contextRef="D20191231" name="ifrs-full:ApplicableTaxRate" unitRef="Pure" id="Tag4838" decimals="2" scale="-2" format="ixt:num-dot-decimal">34</ix:nonFraction></td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Income and social contribution taxes at the statutory tax rates </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:TaxExpenseIncomeAtApplicableTaxRate" unitRef="BRL" id="Tag4899" decimals="-3" scale="3" format="ixt:num-dot-decimal">342,260</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:TaxExpenseIncomeAtApplicableTaxRate" unitRef="BRL" id="Tag4814" decimals="-3" scale="3" format="ixt:num-dot-decimal">323,538</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; height: 10px; padding: 0px; background-color: #cceeff;">)</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 10px;"><br/></td>
<td style="vertical-align: top; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; padding: 0px; background-color: #cceeff; text-align: right;">(<ix:nonFraction contextRef="D20191231" name="ifrs-full:TaxExpenseIncomeAtApplicableTaxRate" unitRef="BRL" id="Tag4934" decimals="-3" scale="3" format="ixt:num-dot-decimal">464,161</ix:nonFraction></td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 12px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 12px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Adjustments to the statutory income and social contribution taxes: </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 12px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 12px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 12px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 12px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 12px; padding: 0px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 12px;"><br/></td>
<td style="vertical-align: top; height: 12px; padding: 0px; text-align: right;"><br/></td>
<td style="vertical-align: top; height: 12px;"><br/></td>
<td style="vertical-align: top; height: 12px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Nondeductible expenses (ii) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:TaxEffectOfExpenseNotDeductibleInDeterminingTaxableProfitTaxLoss" unitRef="BRL" id="Tag7194" decimals="-3" scale="3" format="ixt:num-dot-decimal">45,569</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:TaxEffectOfExpenseNotDeductibleInDeterminingTaxableProfitTaxLoss" unitRef="BRL" id="Tag4915" decimals="-3" scale="3" format="ixt:num-dot-decimal">33,420</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; height: 17px; padding: 0px; background-color: #cceeff;">)</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px; background-color: #cceeff; text-align: right;">(<ix:nonFraction contextRef="D20191231" name="ifrs-full:TaxEffectOfExpenseNotDeductibleInDeterminingTaxableProfitTaxLoss" unitRef="BRL" id="Tag5820" decimals="-3" scale="3" format="ixt:num-dot-decimal">41,690</ix:nonFraction></td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Nontaxable revenues (iii) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:TaxEffectOfRevenuesExemptFromTaxation2011" unitRef="BRL" id="Tag4911" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,571</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:TaxEffectOfRevenuesExemptFromTaxation2011" unitRef="BRL" id="Tag4802" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,757</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px; text-align: right;"><ix:nonFraction contextRef="D20191231" name="ifrs-full:TaxEffectOfRevenuesExemptFromTaxation2011" unitRef="BRL" id="Tag7218" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,525</ix:nonFraction></td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">&#160; &#160; Monetary variation (SELIC) on repetition of tax undue payments (iv)</td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; height: 17px;"><ix:nonFraction contextRef="D20211231_3" name="ugp:TaxEffectOfMonetaryVariationFromSpecialSystemForSettlementAndCustodyOnRepetitionOfTaxUnduePayments" unitRef="BRL" id="Tag140" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">136,060</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; text-align: right;"><ix:nonFraction contextRef="D20201231_3" name="ugp:TaxEffectOfMonetaryVariationFromSpecialSystemForSettlementAndCustodyOnRepetitionOfTaxUnduePayments" unitRef="BRL" id="Tag4839" xsi:nil="true"></ix:nonFraction>-</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; text-align: right;"><ix:nonFraction contextRef="D20191231" name="ugp:TaxEffectOfMonetaryVariationFromSpecialSystemForSettlementAndCustodyOnRepetitionOfTaxUnduePayments" unitRef="BRL" id="Tag7203" xsi:nil="true"></ix:nonFraction>-</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Adjustment to estimated income (v) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ugp:TaxEffectOfAdjustmentToEstimatedIncome" unitRef="BRL" id="Tag7202" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,901</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ugp:TaxEffectOfAdjustmentToEstimatedIncome" unitRef="BRL" id="Tag136" decimals="-3" scale="3" format="ixt:num-dot-decimal">8,850</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; height: 17px; padding: 0px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px; background-color: #cceeff; text-align: right;"><ix:nonFraction contextRef="D20191231" name="ugp:TaxEffectOfAdjustmentToEstimatedIncome" unitRef="BRL" id="Tag4910" decimals="-3" scale="3" format="ixt:num-dot-decimal">10,511</ix:nonFraction></td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Unrecorded deferred income and social contribution taxes carryforwards deferred (vi) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_3" name="ugp:TaxEffectOfUnrecordedDeferredIncomeAndSocialContributionTaxesCarryforwardsDeferred" unitRef="BRL" id="Tag4895" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,285</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_3" name="ugp:TaxEffectOfUnrecordedDeferredIncomeAndSocialContributionTaxesCarryforwardsDeferred" unitRef="BRL" id="Tag4381" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,166</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; height: 10px; padding: 0px;">)</td>
<td style="vertical-align: top; padding: 0px; height: 10px;"><br/></td>
<td style="vertical-align: top; height: 10px; padding: 0px; text-align: right;">(<ix:nonFraction contextRef="D20191231" name="ugp:TaxEffectOfUnrecordedDeferredIncomeAndSocialContributionTaxesCarryforwardsDeferred" unitRef="BRL" id="Tag7820" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,271</ix:nonFraction></td>
<td style="vertical-align: top; height: 10px;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="vertical-align: top; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Share of profit (loss) of subsidiaries, joint ventures and associates </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_3" name="ugp:TaxEffectOfShareOfProfitLossOfSubsidiariesJointVenturesAndAssociates" unitRef="BRL" id="Tag4739" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,995</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_3" name="ugp:TaxEffectOfShareOfProfitLossOfSubsidiariesJointVenturesAndAssociates" unitRef="BRL" id="Tag4721" decimals="-3" scale="3" format="ixt:num-dot-decimal">14,972</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; height: 10px; padding: 0px; background-color: #cceeff;">)</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 10px;"><br/></td>
<td style="vertical-align: top; height: 10px; padding: 0px; background-color: #cceeff; text-align: right;">(<ix:nonFraction contextRef="D20191231" name="ugp:TaxEffectOfShareOfProfitLossOfSubsidiariesJointVenturesAndAssociates" unitRef="BRL" id="Tag4736" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,322</ix:nonFraction></td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Other adjustments </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" unitRef="BRL" id="Tag4859" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">21,414</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" unitRef="BRL" id="Tag4856" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">12,911</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px; text-align: right;"><ix:nonFraction contextRef="D20191231" name="ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" unitRef="BRL" id="Tag4931" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">3,178</ix:nonFraction></td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Income and social contribution taxes before tax incentives </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_3" name="ugp:IncomeAndSocialContributionTaxesBeforeTaxIncentives" unitRef="BRL" id="Tag5813" decimals="-3" scale="3" format="ixt:num-dot-decimal">235,163</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_3" name="ugp:IncomeAndSocialContributionTaxesBeforeTaxIncentives" unitRef="BRL" id="Tag7206" decimals="-3" scale="3" format="ixt:num-dot-decimal">350,578</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; height: 10px; padding: 0px; background-color: #cceeff;">)</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 10px;"><br/></td>
<td style="vertical-align: top; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; padding: 0px; background-color: #cceeff; text-align: right;">(<ix:nonFraction contextRef="D20191231" name="ugp:IncomeAndSocialContributionTaxesBeforeTaxIncentives" unitRef="BRL" id="Tag4725" decimals="-3" scale="3" format="ixt:num-dot-decimal">495,230</ix:nonFraction></td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Tax incentives - SUDENE </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ugp:TaxEffectOfTaxIncentives" unitRef="BRL" id="Tag7208" decimals="-3" scale="3" format="ixt:num-dot-decimal">47,129</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ugp:TaxEffectOfTaxIncentives" unitRef="BRL" id="Tag4722" decimals="-3" scale="3" format="ixt:num-dot-decimal">46,061</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px; text-align: right;"><ix:nonFraction contextRef="D20191231" name="ugp:TaxEffectOfTaxIncentives" unitRef="BRL" id="Tag4805" decimals="-3" scale="3" format="ixt:num-dot-decimal">25,254</ix:nonFraction></td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Income and social contribution taxes in the income statement </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:IncomeTaxExpenseContinuingOperations" unitRef="BRL" id="Tag141" decimals="-3" scale="3" format="ixt:num-dot-decimal">188,034</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; border-top: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:IncomeTaxExpenseContinuingOperations" unitRef="BRL" id="Tag4861" decimals="-3" scale="3" format="ixt:num-dot-decimal">304,517</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; height: 10px; padding: 0px; background-color: #cceeff;">)</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 10px;"><br/></td>
<td style="vertical-align: top; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; padding: 0px; background-color: #cceeff; text-align: right;">(<ix:nonFraction contextRef="D20191231" name="ifrs-full:IncomeTaxExpenseContinuingOperations" unitRef="BRL" id="Tag4379" decimals="-3" scale="3" format="ixt:num-dot-decimal">469,976</ix:nonFraction></td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:CurrentTaxExpenseIncome" unitRef="BRL" id="Tag4906" decimals="-3" scale="3" format="ixt:num-dot-decimal">430,280</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:CurrentTaxExpenseIncome" unitRef="BRL" id="Tag4713" decimals="-3" scale="3" format="ixt:num-dot-decimal">538,761</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; height: 17px; padding: 0px;">)</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px; text-align: right;">(<ix:nonFraction contextRef="D20191231" name="ifrs-full:CurrentTaxExpenseIncome" unitRef="BRL" id="Tag4796" decimals="-3" scale="3" format="ixt:num-dot-decimal">467,343</ix:nonFraction></td>
<td style="vertical-align: top; height: 17px;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="vertical-align: top; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Deferred </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:DeferredTaxExpenseIncome" unitRef="BRL" id="Tag4710" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">242,246</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:DeferredTaxExpenseIncome" unitRef="BRL" id="Tag4864" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">234,244</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; height: 17px; padding: 0px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px; background-color: #cceeff; text-align: right;">(<ix:nonFraction contextRef="D20191231" name="ifrs-full:DeferredTaxExpenseIncome" unitRef="BRL" id="Tag4672" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,633</ix:nonFraction></td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Effective IRPJ and CSLL rates &#8211; % </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:AverageEffectiveTaxRate" unitRef="Pure" id="Tag139" decimals="3" scale="-2" format="ixt:num-dot-decimal">18.7</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:AverageEffectiveTaxRate" unitRef="Pure" id="Tag4810" decimals="3" scale="-2" format="ixt:num-dot-decimal">32.0</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px; text-align: right;"><ix:nonFraction contextRef="D20191231" name="ifrs-full:AverageEffectiveTaxRate" unitRef="Pure" id="Tag4855" decimals="3" scale="-2" format="ixt:num-dot-decimal">34.4</ix:nonFraction></td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px;"><br/></td>
</tr>
</tbody>
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<span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></div>
<div id="t_ft_PKTZ3MUOWG00000000000000000000b">
<table style="width: 100%; margin-left: 0.1px; height: 102px; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr style="height: 17px;">
<td style="width: 2%; height: 17px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(i)</span></td>
<td style="width: 98%; height: 17px; vertical-align: top;" valign="top"><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote31"><span style="border-right: none; border-left: none;"><span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">For more information on the restatement, see note 3.c.1.</span></span></ix:footnote></td>
</tr>
<tr style="height: 17px;">
<td style="height: 17px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(ii)</span></td>
<td style="height: 17px; vertical-align: top;" valign="top"><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote24"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">C</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">onsist&#160;of certain expenses that cannot be deducted for tax purposes under applicable tax legislation, such as expenses with fines, donations, gifts, losses of assets</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">,</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">negative effects of foreign subsidiaries&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">and certain provisions</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">.</span></ix:footnote></td>
</tr>
<tr style="height: 17px;">
<td style="height: 17px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(iii)</span></td>
<td style="height: 17px; vertical-align: top;" valign="top"><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote25"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">C</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">onsist&#160;of certain gains and income that are not taxable under applicable tax legislation, such as the reimbursement of taxes and the reversal of certain provisions</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">.</span></ix:footnote></td>
</tr>
<tr style="height: 17px;">
<td style="height: 17px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(iv)</span></td>
<td style="height: 17px; vertical-align: top;" valign="top"><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote26"><span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Refers to amounts related to non-taxation of IRPJ/CSLL on monetary variation (SELIC) in the repetition of undue tax lawsuits (see note 10.e).</span></ix:footnote></td>
</tr>
<tr style="height: 17px;">
<td style="height: 17px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(v)</span></td>
<td style="height: 17px; vertical-align: top;" valign="top"><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote27"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Brazilian tax law allows for an alternative method of taxation for companies that generated gross revenues of up to R$&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"><ix:nonFraction contextRef="D20211231_3" name="ugp:ThresholdAmountOfGrossRevenueForCalculationOfAlternativeMethodOfTaxationForCompanies" unitRef="BRL" id="Tag4815" decimals="-6" scale="6" format="ixt:num-dot-decimal">78</ix:nonFraction></span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;million in their previous fiscal year. Certain subsidiaries of the Company adopted this alternative form of taxation, whereby income and social contribution taxes are calculated on a basis equal to <ix:nonFraction contextRef="D20211231_3" name="ugp:PercentageOfOperatingRevenuesForCalculationOfAlternativeMethodOfTaxationForCompanies" unitRef="Pure" id="Tag4900" decimals="2" scale="-2" format="ixt:num-dot-decimal">32</ix:nonFraction>% of operating revenues, as opposed to being calculated based on the effective taxable income of these subsidiaries. The&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">adjustment to estimated income represents the&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">difference between the taxation under this alternative method and the income and social contribution taxes that would have been pa</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">id</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;based on the effective statutory rate applied to the taxable income of these subsidiaries</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">.</span></ix:footnote></td>
</tr>
<tr style="height: 17px;">
<td valign="top" style="vertical-align: top; height: 17px;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(vi)</span><br/></td>
<td valign="top" style="vertical-align: top; height: 17px;"><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote30"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">See Note 10.d</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">.</span></ix:footnote></td>
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</div>
</ix:nonNumeric>
<div>
<div id="t_ft_HQ5EDQLW6800000000000000000000b">
<ix:exclude>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-56</span></td>
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<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements<br/></div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
</ix:exclude>
</div>
</div>
<p style="margin: 0in 0in 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; background-color: #ffffff; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', 'serif';"><br/></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-style: italic; font-weight: bold;">c. Tax </span><span style="font-style: italic; font-weight: bold;">i</span><span style="font-style: italic; font-weight: bold;">ncentives &#8211; SUDENE</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">For belonging to the sectors of the economy considered priority for the subsidized areas, under the terms of the development program of region operated by the Superintendence for the Development of the Northeast (&#8220;SUDENE&#8221;), <ix:nonNumeric contextRef="D20211231_3" name="ugp:SummaryOfTaxIncentivesTableTextBlock" id="Tag7204" escape="true" continuedAt="c2b670a40-a7da-42f0-8580-f5241918d8b6">the following subsidiaries, in compliance with the current law have entitled to federal tax benefits providing for IRPJ reduction under:</ix:nonNumeric></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<ix:continuation id="c2b670a40-a7da-42f0-8580-f5241918d8b6">
<table cellpadding="0" style="height: 159px; border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="vertical-align: bottom; width: 49%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Subsidiary </span></p>
</td>
<td style="vertical-align: bottom; width: 15%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Units </span></p>
</td>
<td style="vertical-align: bottom; width: 1%; height: 17px;"><br/></td>
<td style="vertical-align: bottom; width: 1%; height: 17px;"><br/></td>
<td style="vertical-align: bottom; width: 15%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Incentive - % </span></p>
</td>
<td style="vertical-align: bottom; width: 1%; height: 17px;"><br/></td>
<td style="vertical-align: bottom; width: 1%; height: 17px;"><br/></td>
<td style="vertical-align: bottom; width: 15%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Expiration </span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 49%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_BahianaDistribuidoraDeGasLtdaMember" name="ifrs-full:NameOfSubsidiary" id="Tag4673" escape="true">Bahiana Distribuidora de G&#225;s Ltda.</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 15%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> <ix:nonNumeric contextRef="D20211231_BahianaDistribuidoraDeGasLtdaMember_MataripeBaseMember" name="ugp:BusinessUnit" id="Tag7216" escape="true">Mataripe base</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 15%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_BahianaDistribuidoraDeGasLtdaMember_MataripeBaseMember" name="ugp:IncentivePercentage" unitRef="Pure" id="Tag7196" decimals="2" scale="-2" format="ixt:num-dot-decimal">75</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; text-align: left; width: 15%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_BahianaDistribuidoraDeGasLtdaMember_MataripeBaseMember" name="ugp:ExpirationYear" id="Tag4671" escape="true">2024</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: bottom; height: 17px; width: 49%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 15%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> <ix:nonNumeric contextRef="D20211231_BahianaDistribuidoraDeGasLtdaMember_CaucaiaBaseMember" name="ugp:BusinessUnit" id="Tag7210" escape="true">Caucaia base</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 15%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_BahianaDistribuidoraDeGasLtdaMember_CaucaiaBaseMember" name="ugp:IncentivePercentage" unitRef="Pure" id="Tag4705" decimals="2" scale="-2" format="ixt:num-dot-decimal">75</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; text-align: right; width: 15%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_BahianaDistribuidoraDeGasLtdaMember_CaucaiaBaseMember" name="ugp:ExpirationYear" id="Tag4896" escape="true">2025</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 49%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 15%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_BahianaDistribuidoraDeGasLtdaMember_JuazeiroBaseMember" name="ugp:BusinessUnit" id="Tag4377" escape="true">Juazeiro base</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 15%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_BahianaDistribuidoraDeGasLtdaMember_JuazeiroBaseMember" name="ugp:IncentivePercentage" unitRef="Pure" id="Tag4723" decimals="2" scale="-2" format="ixt:num-dot-decimal">75</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; text-align: right; width: 15%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_BahianaDistribuidoraDeGasLtdaMember_JuazeiroBaseMember" name="ugp:ExpirationYear" id="Tag4380" escape="true">2026</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: bottom; height: 17px; width: 49%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 15%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_BahianaDistribuidoraDeGasLtdaMember_AracajuBaseMember" name="ugp:BusinessUnit" id="Tag4789" escape="true">Aracaju base</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 15%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_BahianaDistribuidoraDeGasLtdaMember_AracajuBaseMember" name="ugp:IncentivePercentage" unitRef="Pure" id="Tag4794" decimals="2" scale="-2" format="ixt:num-dot-decimal">75</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; text-align: left; width: 15%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_BahianaDistribuidoraDeGasLtdaMember_AracajuBaseMember" name="ugp:ExpirationYear" id="Tag5817" escape="true">2027</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 49%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 15%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> <ix:nonNumeric contextRef="D20211231_BahianaDistribuidoraDeGasLtdaMember_SuapeBaseMember" name="ugp:BusinessUnit" id="Tag160" escape="true">Suape base</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 15%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_BahianaDistribuidoraDeGasLtdaMember_SuapeBaseMember" name="ugp:IncentivePercentage" unitRef="Pure" id="Tag5814" decimals="2" scale="-2" format="ixt:num-dot-decimal">75</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; text-align: left; width: 15%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_BahianaDistribuidoraDeGasLtdaMember_SuapeBaseMember" name="ugp:ExpirationYear" id="Tag7197" escape="true">2027</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 19px;">
<td style="vertical-align: bottom; height: 19px; width: 49%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <span style="border-left: none; border-right: none;"><ix:continuation id="c571e1474-78c6-414b-91b8-8d3a4339c440">Ultracargo Log&#237;stica S.A.</ix:continuation></span> </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; width: 15%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><ix:nonNumeric contextRef="D20211231_UltracargoLogisticaSAMember_SuapeTerminalMember" name="ugp:BusinessUnit" id="Tag7199" escape="true">Suape terminal</ix:nonNumeric>&#160;</span></p>
</td>
<td style="vertical-align: bottom; height: 19px; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 19px; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 19px; width: 15%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_UltracargoLogisticaSAMember_SuapeTerminalMember" name="ugp:IncentivePercentage" unitRef="Pure" id="Tag4730" decimals="2" scale="-2" format="ixt:num-dot-decimal">75</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 19px; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 19px; text-align: left; width: 15%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_UltracargoLogisticaSAMember_SuapeTerminalMember" name="ugp:ExpirationYear" id="Tag4935" escape="true">2030</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="vertical-align: bottom; height: 19px; background-color: #cceeff; width: 49%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; background-color: #cceeff; width: 15%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> <ix:nonNumeric contextRef="D20211231_UltracargoLogisticaSAMember_AratuTerminalMember" name="ugp:BusinessUnit" id="Tag4902" escape="true">Aratu terminal</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 19px; background-color: #cceeff; width: 15%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_UltracargoLogisticaSAMember_AratuTerminalMember" name="ugp:IncentivePercentage" unitRef="Pure" id="Tag4866" decimals="2" scale="-2" format="ixt:num-dot-decimal">75</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 19px; background-color: #cceeff; text-align: left; width: 15%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_UltracargoLogisticaSAMember_AratuTerminalMember" name="ugp:ExpirationYear" id="Tag4854" escape="true">2022</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 19px;">
<td style="vertical-align: bottom; height: 19px; width: 49%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; width: 15%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><ix:nonNumeric contextRef="D20211231_UltracargoLogisticaSAMember_ItaquiTerminalMember" name="ugp:BusinessUnit" id="Tag4738" escape="true">Itaqui terminal</ix:nonNumeric>&#160;</span></p>
</td>
<td style="vertical-align: bottom; height: 19px; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 19px; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 19px; width: 15%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_UltracargoLogisticaSAMember_ItaquiTerminalMember" name="ugp:IncentivePercentage" unitRef="Pure" id="Tag7212" decimals="2" scale="-2" format="ixt:num-dot-decimal">75</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 19px; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 19px; text-align: left; width: 15%;">
<p style="margin: 0pt; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> <ix:nonNumeric contextRef="D20211231_UltracargoLogisticaSAMember_ItaquiTerminalMember" name="ugp:ExpirationYear" id="Tag4850" escape="true">2030</ix:nonNumeric> </span></p>
</td>
</tr>
</tbody>
</table>
</ix:continuation>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">d. Income and social contribution taxes carryforwards</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify; font-family: 'times new roman', times; font-size: 10pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">As of December 31, 2021, the Company and certain subsidiaries had tax loss carryforwards related to income tax (IRPJ) and negative basis of CSLL, whose compensations are limited to <ix:nonFraction contextRef="D20211231_3" name="ugp:ThresholdPercentageOfTaxableIncomeForIndefiniteExpirationOfTaxLossCarryforwards" unitRef="Pure" id="Tag4804" decimals="2" scale="-2" format="ixt:num-dot-decimal">30</ix:nonFraction>% of taxable income in a given tax year, which do not expire.</span></p>
<div>
<div id="t_ft_9006NW8NUO00000000000000000000b">
<ix:exclude>
<div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-57</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements<br/></div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
</ix:exclude>
</div>
</div>
<p style="margin: 0in 0in 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; background-color: #ffffff; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', 'serif';"><br/></p>
<div style="border-right: none; border-left: none;">
<ix:nonNumeric contextRef="D20211231_3" name="ugp:DisclosureOfDeferredIncomeAndSocialContributionTaxAssetsExplanatoryTextBlock" id="Tag6386" escape="true">
<div style="border-right: none; border-left: none;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The balances which are constituted of deferred taxes related to income tax loss </span>carryforwards<span style="font-family: 'Times New Roman';"> and negative basis of social contribution base are as follows:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_4R0G1492DC00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto; height: 205px;" width="80%">
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 2%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Oil Trading </span></p>
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<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; width: 12%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_OnshoreMember_OilTradingImportadoraExportadoraLtdaMember" name="ugp:DeferredIncomeAndSocialContributionTaxesTaxLossesAndNegativeBasisForSocialContributionCarryforwards" unitRef="BRL" id="Tag5816" decimals="-3" scale="3" format="ixt:num-dot-decimal">53,839</ix:nonFraction> </span></p>
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<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; width: 1.81818%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 2%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; width: 12%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_OnshoreMember_OilTradingImportadoraExportadoraLtdaMember" name="ugp:DeferredIncomeAndSocialContributionTaxesTaxLossesAndNegativeBasisForSocialContributionCarryforwards" unitRef="BRL" id="Tag143" xsi:nil="true"></ix:nonFraction> - </span></p>
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<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; width: 1.81818%; height: 17px;"><br/></td>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 70.5455%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Ultrapar (i) </span></p>
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<td style="padding: 0px; vertical-align: middle; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_OnshoreMember_UltraparMember" name="ugp:DeferredIncomeAndSocialContributionTaxesTaxLossesAndNegativeBasisForSocialContributionCarryforwards" unitRef="BRL" id="Tag4836" decimals="-3" scale="3" format="ixt:num-dot-decimal">43,441</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.81818%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_OnshoreMember_UltraparMember" name="ugp:DeferredIncomeAndSocialContributionTaxesTaxLossesAndNegativeBasisForSocialContributionCarryforwards" unitRef="BRL" id="Tag4907" decimals="-3" scale="3" format="ixt:num-dot-decimal">27,736</ix:nonFraction> </span></p>
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<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.81818%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 70.5455%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Abastece a&#237; </span></p>
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<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_OnshoreMember_AbasteceAiMember" name="ugp:DeferredIncomeAndSocialContributionTaxesTaxLossesAndNegativeBasisForSocialContributionCarryforwards" unitRef="BRL" id="Tag4734" decimals="-3" scale="3" format="ixt:num-dot-decimal">41,065</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.81818%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 2%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_OnshoreMember_AbasteceAiMember" name="ugp:DeferredIncomeAndSocialContributionTaxesTaxLossesAndNegativeBasisForSocialContributionCarryforwards" unitRef="BRL" id="Tag7209" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,362</ix:nonFraction> </span></p>
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<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.81818%;"><br/></td>
</tr>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 70.5455%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Tequimar Vila do conde </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_OnshoreMember_TequimarVilaDoCondeMember" name="ugp:DeferredIncomeAndSocialContributionTaxesTaxLossesAndNegativeBasisForSocialContributionCarryforwards" unitRef="BRL" id="Tag4702" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,861</ix:nonFraction> </span></p>
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<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.81818%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_OnshoreMember_TequimarVilaDoCondeMember" name="ugp:DeferredIncomeAndSocialContributionTaxesTaxLossesAndNegativeBasisForSocialContributionCarryforwards" unitRef="BRL" id="Tag4848" decimals="-3" scale="3" format="ixt:num-dot-decimal">489</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.81818%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 70.5455%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Ultracargo </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_OnshoreMember_UltracargoMember" name="ugp:DeferredIncomeAndSocialContributionTaxesTaxLossesAndNegativeBasisForSocialContributionCarryforwards" unitRef="BRL" id="Tag4868" decimals="-3" scale="3" format="ixt:num-dot-decimal">139</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.81818%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 2%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_OnshoreMember_UltracargoMember" name="ugp:DeferredIncomeAndSocialContributionTaxesTaxLossesAndNegativeBasisForSocialContributionCarryforwards" unitRef="BRL" id="Tag4791" decimals="-3" scale="3" format="ixt:num-dot-decimal">107</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.81818%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 70.5455%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Oxiteno S.A. (ii) </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_OnshoreMember_OxitenoSaMember" name="ugp:DeferredIncomeAndSocialContributionTaxesTaxLossesAndNegativeBasisForSocialContributionCarryforwards" unitRef="BRL" id="Tag6387" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.81818%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_OnshoreMember_OxitenoSaMember" name="ugp:DeferredIncomeAndSocialContributionTaxesTaxLossesAndNegativeBasisForSocialContributionCarryforwards" unitRef="BRL" id="Tag246" decimals="-3" scale="3" format="ixt:num-dot-decimal">205,604</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.81818%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 70.5455%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Ipiranga </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_OnshoreMember_IpirangaMember" name="ugp:DeferredIncomeAndSocialContributionTaxesTaxLossesAndNegativeBasisForSocialContributionCarryforwards" unitRef="BRL" id="Tag4712" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.81818%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 2%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_OnshoreMember_IpirangaMember" name="ugp:DeferredIncomeAndSocialContributionTaxesTaxLossesAndNegativeBasisForSocialContributionCarryforwards" unitRef="BRL" id="Tag135" decimals="-3" scale="3" format="ixt:num-dot-decimal">44,537</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.81818%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 70.5455%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Iconic </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_OnshoreMember_IconicMember" name="ugp:DeferredIncomeAndSocialContributionTaxesTaxLossesAndNegativeBasisForSocialContributionCarryforwards" unitRef="BRL" id="Tag4709" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.81818%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_OnshoreMember_IconicMember" name="ugp:DeferredIncomeAndSocialContributionTaxesTaxLossesAndNegativeBasisForSocialContributionCarryforwards" unitRef="BRL" id="Tag4857" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,691</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.81818%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 70.5455%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Extrafarna (ii) </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_OnshoreMember_ExtrafarmaMember" name="ugp:DeferredIncomeAndSocialContributionTaxesTaxLossesAndNegativeBasisForSocialContributionCarryforwards" unitRef="BRL" id="Tag161" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.81818%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 2%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_OnshoreMember_ExtrafarmaMember" name="ugp:DeferredIncomeAndSocialContributionTaxesTaxLossesAndNegativeBasisForSocialContributionCarryforwards" unitRef="BRL" id="Tag4932" decimals="-3" scale="3" format="ixt:num-dot-decimal">72,318</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.81818%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 70.5455%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> UVC Investimentos </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_OnshoreMember_UVCInvestimentosMember" name="ugp:DeferredIncomeAndSocialContributionTaxesTaxLossesAndNegativeBasisForSocialContributionCarryforwards" unitRef="BRL" id="Tag4700" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.81818%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_OnshoreMember_UVCInvestimentosMember" name="ugp:DeferredIncomeAndSocialContributionTaxesTaxLossesAndNegativeBasisForSocialContributionCarryforwards" unitRef="BRL" id="Tag4797" decimals="-3" scale="3" format="ixt:num-dot-decimal">18</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.81818%;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 70.5455%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_OnshoreMember" name="ugp:DeferredIncomeAndSocialContributionTaxesTaxLossesAndNegativeBasisForSocialContributionCarryforwards" unitRef="BRL" id="Tag4835" decimals="-3" scale="3" format="ixt:num-dot-decimal">148,345</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 18px; width: 1.81818%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 2%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_OnshoreMember" name="ugp:DeferredIncomeAndSocialContributionTaxesTaxLossesAndNegativeBasisForSocialContributionCarryforwards" unitRef="BRL" id="Tag4737" decimals="-3" scale="3" format="ixt:num-dot-decimal">363,862</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 1.81818%;"><br/></td>
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</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_HU0A6M2EW000000000000000000000b">
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td style="width: 2%; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(i)</span></td>
<td style="width: 98%; vertical-align: top;" valign="top"><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote28"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Considers the amount of R$ <ix:nonFraction contextRef="I20211231_UltraparInternationalSAMember" name="ugp:DeferredIncomeAndSocialContributionTaxesTaxLossesAndNegativeBasisForSocialContributionCarryforwards" unitRef="BRL" id="Tag4860" decimals="-3" scale="3" format="ixt:num-dot-decimal">8,510</ix:nonFraction> of deferred taxes recognized on the tax loss of subsidiary&#160;</span>Ultrapar<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;International as of December 31, 2021 (R$ <ix:nonFraction contextRef="I20201231_UltraparInternationalSAMember" name="ugp:DeferredIncomeAndSocialContributionTaxesTaxLossesAndNegativeBasisForSocialContributionCarryforwards" unitRef="BRL" id="Tag4853" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,659</ix:nonFraction> as of December 31, 2020).</span></span></ix:footnote></td>
</tr>
<tr>
<td valign="top" style="vertical-align: top;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(ii)</span></td>
<td valign="top" style="vertical-align: top;"><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote29"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">As&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">of</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">&#160;December 31, 2021, the amounts of R$ <ix:nonFraction contextRef="I20211231_OxitenoSaMember" name="ugp:DeferredIncomeAndSocialContributionTaxesMonetaryVariationFromSpecialSystemForSettlementAndCustodyOnRepetitionOfTaxUnduePaymentsReclassifiedToAssetsHeldForSale" unitRef="BRL" id="Tag7201" decimals="-3" scale="3" format="ixt:num-dot-decimal">247,912</ix:nonFraction> and R$ <ix:nonFraction contextRef="I20211231_ExtrafarmaMember_1" name="ugp:DeferredIncomeAndSocialContributionTaxesMonetaryVariationFromSpecialSystemForSettlementAndCustodyOnRepetitionOfTaxUnduePaymentsReclassifiedToAssetsHeldForSale" unitRef="BRL" id="Tag7200" decimals="-3" scale="3" format="ixt:num-dot-decimal">72,318</ix:nonFraction>, referring to the balances constituted on deferred charges related to IRPJ tax losses and negative CSLL bases for the subsidiaries&#160;Oxiteno&#160;S</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">.</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">A</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">.</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">&#160;and&#160;Extrafarma, respectively, were reclassified to assets held for sale.</span></span></ix:footnote></td>
</tr>
</tbody>
</table>
</div>
</div>
<p style="margin: 2pt 0pt 0pt 14.2pt; text-align: justify; text-indent: -14.2pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The balances which are not constituted of deferred taxes related to income tax loss carryforwards and negative basis of social contribution base are as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_WWSXT64HWW00000000000000000000b">
<table cellpadding="0" style="height: 85px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 72.8395%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.8395%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Extrafarma </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_OnshoreMember_ExtrafarmaMember" name="ugp:NonConstitutedDeferredTaxesRelatedToIncomeTaxLossCarryforwardsAndNegativeBasisOfSocialContributionBase" unitRef="BRL" id="Tag4865" decimals="-3" scale="3" format="ixt:num-dot-decimal">312,521</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_OnshoreMember_ExtrafarmaMember" name="ugp:NonConstitutedDeferredTaxesRelatedToIncomeTaxLossCarryforwardsAndNegativeBasisOfSocialContributionBase" unitRef="BRL" id="Tag4793" decimals="-3" scale="3" format="ixt:num-dot-decimal">294,400</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 72.8395%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Integra Frotas </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_IntegraFrotasMember_OnshoreMember" name="ugp:NonConstitutedDeferredTaxesRelatedToIncomeTaxLossCarryforwardsAndNegativeBasisOfSocialContributionBase" unitRef="BRL" id="Tag4376" decimals="-3" scale="3" format="ixt:num-dot-decimal">11,769</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_IntegraFrotasMember_OnshoreMember" name="ugp:NonConstitutedDeferredTaxesRelatedToIncomeTaxLossCarryforwardsAndNegativeBasisOfSocialContributionBase" unitRef="BRL" id="Tag4867" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,802</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.8395%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Millennium </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_MillenniumMember_OnshoreMember" name="ugp:NonConstitutedDeferredTaxesRelatedToIncomeTaxLossCarryforwardsAndNegativeBasisOfSocialContributionBase" unitRef="BRL" id="Tag4845" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,174</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_MillenniumMember_OnshoreMember" name="ugp:NonConstitutedDeferredTaxesRelatedToIncomeTaxLossCarryforwardsAndNegativeBasisOfSocialContributionBase" unitRef="BRL" id="Tag7819" decimals="-3" scale="3" format="ixt:num-dot-decimal">640</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 72.8395%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 12.037%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_OnshoreMember" name="ugp:NonConstitutedDeferredTaxesRelatedToIncomeTaxLossCarryforwardsAndNegativeBasisOfSocialContributionBase" unitRef="BRL" id="Tag7215" decimals="-3" scale="3" format="ixt:num-dot-decimal">327,464</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 12.037%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_OnshoreMember" name="ugp:NonConstitutedDeferredTaxesRelatedToIncomeTaxLossCarryforwardsAndNegativeBasisOfSocialContributionBase" unitRef="BRL" id="Tag4732" decimals="-3" scale="3" format="ixt:num-dot-decimal">302,842</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 1.02881%;"><br/></td>
</tr>
</tbody>
</table>
</div>
</ix:nonNumeric>
</div>
<p style="font-size: 11pt; line-height: 115%; text-align: justify; margin-top: 10pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-style: italic; font-weight: bold;">e</span><span style="font-style: italic; font-weight: bold;">. </span><span style="font-style: italic; font-weight: bold;">Non-incidence of IRPJ/CSLL on the update by Selic of tax undue payments received from the Federal Government</span></span></p>
<p style="margin: 0pt; text-align: justify; margin-top: 10pt;"><span style="margin: 0pt; text-align: justify; font-family: 'times new roman', times; font-size: 10pt;">The Company and its subsidiaries have lawsuits claiming the non-incidence of IRPJ and CSLL on monetary variation (SELIC) on tax credits. On September 27, 2021, the Federal Supreme Court judged that the incidence of IRPJ and CSLL on amounts related to monetary variation (SELIC) received by taxpayers in the repetition of tax undue payments is unconstitutional. The Company and its subsidiaries recognized a tax credit of R$ <ix:nonFraction contextRef="D20210927" name="ugp:IncomeAndSocialContributionTaxBenefitRelatedToMonetaryVariationSelicOnRepetitionOfTaxUnduePayments" unitRef="BRL" id="Tag4740" decimals="-3" scale="3" format="ixt:num-dot-decimal">106,667</ix:nonFraction> related to this topic. On December 31, 2021, the amount of R$ <ix:nonFraction contextRef="I20211231_ExtrafarmaOxitenoSAOleoquimicaAndEmcaMember" name="ugp:DeferredIncomeAndSocialContributionTaxesMonetaryVariationFromSpecialSystemForSettlementAndCustodyOnRepetitionOfTaxUnduePaymentsReclassifiedToAssetsHeldForSale" unitRef="BRL" id="Tag7211" decimals="-3" scale="3" format="ixt:num-dot-decimal">74,243</ix:nonFraction> related to the subsidiaries Extrafarma, Oxiteno S.A., Oleoqu&#237;mica and EMCA, was reclassified to assets held for sale.&#160;&#160;</span></p>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div>
<div id="t_ft_4M28KQ33HS00000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-58</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
</div><div id="Normadiv255" style="font-family: 'times new roman', times; font-size: 10pt;">
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; margin-top: 6pt;">Notes to the Consolidated Financial Statements</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)&#160;&#160;</span></div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman';font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:DisclosureOfPrepaymentsAndOtherAssetsExplanatory" id="Tag1869" escape="true">
<p style="margin: 0pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;"><span style="border-left: none; border-right: none;">11</span></span><span style="font-family: 'Times New Roman'; font-weight: bold;">. Prepaid </span><span style="font-family: 'Times New Roman'; font-weight: bold;">e</span><span style="font-family: 'Times New Roman'; font-weight: bold;">xpenses</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ugp:SummaryOfPrepaidExpensesTableTextBlock" id="Tag1868" escape="true">
<table cellpadding="0" style="height: 223px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.6809%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 12.0285%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.01937%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.22324%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.01937%;"><br/></td>
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<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.6809%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Rents </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0285%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:PrepaidRentExpense" unitRef="BRL" id="Tag1893" decimals="-3" scale="3" format="ixt:num-dot-decimal">54,327</ix:nonFraction> </span></p>
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<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.22324%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:PrepaidRentExpense" unitRef="BRL" id="Tag1881" decimals="-3" scale="3" format="ixt:num-dot-decimal">30,400</ix:nonFraction> </span></p>
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<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"><br/></td>
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<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.6809%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Advertising and publicity </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0285%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:PrepaidAdvertisingExpense" unitRef="BRL" id="Tag1892" decimals="-3" scale="3" format="ixt:num-dot-decimal">28,410</ix:nonFraction> </span></p>
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<td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22324%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:PrepaidAdvertisingExpense" unitRef="BRL" id="Tag1880" decimals="-3" scale="3" format="ixt:num-dot-decimal">17,752</ix:nonFraction> </span></p>
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<td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"><br/></td>
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<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.6809%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Deferred stock plan, net </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0285%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:PrepaidDeferredStockPlanExpense" unitRef="BRL" id="Tag1891" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,399</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.22324%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:PrepaidDeferredStockPlanExpense" unitRef="BRL" id="Tag1879" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,900</ix:nonFraction> </span></p>
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<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.6809%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Insurance premiums </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0285%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:PrepaidInsuranceExpense" unitRef="BRL" id="Tag1890" decimals="-3" scale="3" format="ixt:num-dot-decimal">26,917</ix:nonFraction> </span></p>
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<td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22324%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:PrepaidInsuranceExpense" unitRef="BRL" id="Tag1878" decimals="-3" scale="3" format="ixt:num-dot-decimal">58,675</ix:nonFraction> </span></p>
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<td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.6809%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Software maintenance </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0285%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:PrepaidSoftwareMaintenanceExpense" unitRef="BRL" id="Tag1889" decimals="-3" scale="3" format="ixt:num-dot-decimal">19,863</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.22324%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:PrepaidSoftwareMaintenanceExpense" unitRef="BRL" id="Tag1877" decimals="-3" scale="3" format="ixt:num-dot-decimal">24,233</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.6809%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Employee benefits </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0285%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:PrepaidEmployeeBenefitsExpense" unitRef="BRL" id="Tag1888" decimals="-3" scale="3" format="ixt:num-dot-decimal">8,362</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22324%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:PrepaidEmployeeBenefitsExpense" unitRef="BRL" id="Tag1876" decimals="-3" scale="3" format="ixt:num-dot-decimal">8,924</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.6809%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> IPVA and IPTU </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0285%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:PrepaidTaxOtherThanIncomeTaxExpense" unitRef="BRL" id="Tag1887" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,553</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.22324%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:PrepaidTaxOtherThanIncomeTaxExpense" unitRef="BRL" id="Tag1875" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,632</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 72.6809%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Contribution - private pension fund (see Note 21.a) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 12.0285%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:PrepaidContributionOfPrivatePensionFundExpense" unitRef="BRL" id="Tag1886" decimals="-3" scale="3" format="ixt:num-dot-decimal">19,831</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.22324%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 11.9266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:PrepaidContributionOfPrivatePensionFundExpense" unitRef="BRL" id="Tag1874" decimals="-3" scale="3" format="ixt:num-dot-decimal">36,068</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.6809%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Other prepaid expenses </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 12.0285%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:OtherPrepaidExpenses" unitRef="BRL" id="Tag1885" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,730</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.22324%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 11.9266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:OtherPrepaidExpenses" unitRef="BRL" id="Tag1873" decimals="-3" scale="3" format="ixt:num-dot-decimal">14,045</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: rgb(204, 238, 255); width: 1.01937%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.6809%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 12.0285%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ifrs-full:Prepayments" unitRef="BRL" id="Tag1884" decimals="-3" scale="3" format="ixt:num-dot-decimal">169,392</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22324%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 11.9266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ifrs-full:Prepayments" unitRef="BRL" id="Tag1872" decimals="-3" scale="3" format="ixt:num-dot-decimal">202,629</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.6809%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0285%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ifrs-full:CurrentPrepaidExpenses" unitRef="BRL" id="Tag1883" decimals="-3" scale="3" format="ixt:num-dot-decimal">98,024</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.22324%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ifrs-full:CurrentPrepaidExpenses" unitRef="BRL" id="Tag1871" decimals="-3" scale="3" format="ixt:num-dot-decimal">132,122</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.6809%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Non-current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0285%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ifrs-full:NoncurrentPrepayments" unitRef="BRL" id="Tag1882" decimals="-3" scale="3" format="ixt:num-dot-decimal">71,368</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22324%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ifrs-full:NoncurrentPrepayments" unitRef="BRL" id="Tag1870" decimals="-3" scale="3" format="ixt:num-dot-decimal">70,507</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"><br/></td>
</tr>
</tbody>
</table>
</ix:nonNumeric>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman';font-size: 10pt;">&#160;</span></p>
</div><div id="Normadiv256" style="font-family: 'times new roman', times; font-size: 10pt;">
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><br/></p>
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersExplanatory" id="Tag1898" escape="true">
<p style="margin: 0px; break-after: avoid; break-inside: avoid; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;"><span style="border-left: none; border-right: none;">12</span></span><span style="font-family: 'Times New Roman'; font-weight: bold;">. Contractual </span><span style="font-family: 'Times New Roman'; font-weight: bold;">a</span><span style="font-family: 'Times New Roman'; font-weight: bold;">ssets with </span><span style="font-family: 'Times New Roman'; font-weight: bold;">c</span><span style="font-family: 'Times New Roman'; font-weight: bold;">ustomers &#8211; </span><span style="font-family: 'Times New Roman'; font-weight: bold;">e</span><span style="font-family: 'Times New Roman'; font-weight: bold;">xclusive </span><span style="font-family: 'Times New Roman'; font-weight: bold;">r</span><span style="font-family: 'Times New Roman'; font-weight: bold;">ights</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Refers to exclusive rights disbursements of</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Ipiranga&#8217;s</span><span style="font-family: 'Times New Roman';"> agreements with reseller service stations and major consumers that are recognized at the time of their occurrence and recognized as a </span><span style="font-family: 'Times New Roman';">reduction</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> of the </span><span style="font-family: 'Times New Roman';">revenue</span><span style="font-family: 'Times New Roman';"> from sales and services</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">in the statement </span><span style="font-family: 'Times New Roman';">of profit or loss </span><span style="font-family: 'Times New Roman';">according to the conditions established in the agreement</span><span style="font-family: 'Times New Roman';">, being</span><span style="font-family: 'Times New Roman';"> reviewed as changes occur under the terms of the agreements.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">In</span><span style="font-family: 'Times New Roman';"> December 31, 202</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';">, the contracts </span><span style="font-family: 'Times New Roman';">amortization weighted average </span><span style="font-family: 'Times New Roman';">term was five years.</span></span></p>
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><br/></p>
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:ExplanationOfSignificantChangesInContractAssetsAndContractLiabilitiesExplanatory" id="Tag1897" escape="true">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Balance and</span><span style="font-family: 'Times New Roman';"> changes are shown below:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div style="border-left: none; border-right: none;">
<table cellpadding="0" style="height: 255px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 84%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2018 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 2%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 13%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20181231" name="ifrs-full:ContractAssets" unitRef="BRL" id="Tag1852" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,518,477</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Additions </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ifrs-full:IncreaseDecreaseThroughCumulativeCatchupAdjustmentsToRevenueContractAssets" unitRef="BRL" id="Tag1862" decimals="-3" scale="3" format="ixt:num-dot-decimal">330,068</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Amortization </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231" name="ifrs-full:DecreaseThroughImpairmentContractAssets" unitRef="BRL" id="Tag1857" decimals="-3" scale="3" format="ixt:num-dot-decimal">355,250</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Transfer </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231" name="ugp:DecreaseThroughTransferOfContractAssets" unitRef="BRL" id="Tag1853" decimals="-3" scale="3" format="ixt:num-dot-decimal">27,306</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2019 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231" name="ifrs-full:ContractAssets" unitRef="BRL" id="Tag1860" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,465,989</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Additions </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:IncreaseDecreaseThroughCumulativeCatchupAdjustmentsToRevenueContractAssets" unitRef="BRL" id="Tag1859" decimals="-3" scale="3" format="ixt:num-dot-decimal">549,085</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Amortization </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:DecreaseThroughImpairmentContractAssets" unitRef="BRL" id="Tag1854" decimals="-3" scale="3" format="ixt:num-dot-decimal">289,436</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Transfer </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_3" name="ugp:DecreaseThroughTransferOfContractAssets" unitRef="BRL" id="Tag1855" decimals="-3" scale="3" format="ixt:num-dot-decimal">19,307</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ifrs-full:ContractAssets" unitRef="BRL" id="Tag1858" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,706,331</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Additions </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:IncreaseDecreaseThroughCumulativeCatchupAdjustmentsToRevenueContractAssets" unitRef="BRL" id="Tag1856" decimals="-3" scale="3" format="ixt:num-dot-decimal">689,986</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Amortization </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:DecreaseThroughImpairmentContractAssets" unitRef="BRL" id="Tag1861" decimals="-3" scale="3" format="ixt:num-dot-decimal">282,521</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Transfer </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_3" name="ugp:DecreaseThroughTransferOfContractAssets" unitRef="BRL" id="Tag1864" decimals="-3" scale="3" format="ixt:num-dot-decimal">34,570</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ifrs-full:ContractAssets" unitRef="BRL" id="Tag1866" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,079,226</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Current </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ifrs-full:CurrentContractAssets" unitRef="BRL" id="Tag1865" decimals="-3" scale="3" format="ixt:num-dot-decimal">555,052</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Non-current </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ifrs-full:NoncurrentContractAssets" unitRef="BRL" id="Tag1863" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,524,174</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"></td>
</tr>
</tbody>
</table>
</div>
</ix:nonNumeric>
</ix:nonNumeric>
<p style="margin: 0px; text-align: right; text-indent: 0px;"><br/></p>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-59</span></td>
</tr>
</tbody>
</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
</div><div id="Normadiv270" style="font-family: 'times new roman', times; font-size: 10pt;">
<div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;"><span style="border-left: none; border-right: none;">13</span></span><span style="font-family: 'Times New Roman'; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-weight: bold;">Investments</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;</span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The table below presents the amoun</span><span style="font-family: 'Times New Roman';">t reconciliation </span><span style="font-family: 'Times New Roman';">of </span><span style="font-family: 'Times New Roman';">share of profit (loss) of subsidiaries, joint </span><span style="font-family: 'Times New Roman';">ventures</span><span style="font-family: 'Times New Roman';"> and associates</span><span style="font-family: 'Times New Roman';">:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: Arial; font-size: 10pt;"> &#160; </span></p>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 10.1648%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Note </span></p>
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<p style="margin: 0pt; text-align: center; font-weight: bold;"><span> 2021 </span></p>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 2.54121%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 5.08242%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 16.6209%;">
<p style="margin: 0pt; text-align: center; font-weight: bold;"><span> 2020 </span></p>
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<td style="vertical-align: top; height: 17px; width: 5.08242%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
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<p style="margin: 0pt; text-align: center; font-weight: bold;"><span> 2019 </span></p>
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<td style="vertical-align: top; height: 17px; width: 1.57967%;"><br/></td>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 27.2665%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: Arial; font-size: 10pt;"> &#160; </span></p>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 10.1648%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 12.4313%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 2.54121%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 5.08242%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.6209%;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;">Re-presented (i) </span></p>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 2.54121%;"><br/></td>
<td style="vertical-align: top; height: 17px; width: 5.08242%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
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<td style="vertical-align: top; height: 17px; width: 16.6209%;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;">Re-presented (i) </span></p>
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<td style="vertical-align: top; height: 17px; width: 1.57967%;"><br/></td>
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<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 27.2665%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Joint ventures </span></p>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 10.1648%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 13.b </span></p>
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<td style="padding: 0px; vertical-align: middle; height: 17px; width: 12.4313%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag1902" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">18,068</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 2.54121%; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 5.08242%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 16.6209%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2064" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">45,812</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 2.54121%; background-color: #cceeff;">)</td>
<td style="vertical-align: top; height: 17px; width: 5.08242%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 16.6209%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"><span> (<ix:nonFraction contextRef="D20191231" name="ifrs-full:ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2391" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">14,463</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 1.57967%; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 27.2665%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Associates </span></p>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 10.1648%;">
<p style="margin: 0pt; text-align: center;"><span> 13.c </span></p>
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<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 12.4313%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2063" decimals="-3" scale="3" format="ixt:num-dot-decimal">434</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 2.54121%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 5.08242%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 16.6209%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2398" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,781</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 2.54121%;"><br/></td>
<td style="vertical-align: top; height: 17px; width: 5.08242%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; border-bottom: 1px solid #000000; width: 16.6209%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2299" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,754</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 1.57967%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 27.2665%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 10.1648%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 2.8pt double #000000; width: 12.4313%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2355" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">17,634</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 2.54121%; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 5.08242%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 2.8pt double #000000; width: 16.6209%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2083" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">44,031</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 2.54121%; background-color: #cceeff;">)</td>
<td style="vertical-align: top; height: 17px; width: 5.08242%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; border-bottom: 2.8pt double #000000; width: 16.6209%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"><span> (<ix:nonFraction contextRef="D20191231" name="ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2065" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">12,709</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 1.57967%; background-color: #cceeff;">)</td>
</tr>
</tbody>
</table>
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<div><br/></div>
<div><span style="font-family: 'Times New Roman'; font-size: 10pt;"><sup>(i)</sup> <ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote34"><span style="border-right: none; border-left: none;"><span style="border-right: none; border-left: none;">See Note 3.c.3.</span></span></ix:footnote></span></div>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">a</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. Joint ventures</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The Company holds an interest in </span><span style="font-family: 'Times New Roman';">Refinaria</span><span style="font-family: 'Times New Roman';"> de </span><span style="font-family: 'Times New Roman';">Petr&#243;leo</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Riograndense</span><span style="font-family: 'Times New Roman';"> S.A.</span><span style="font-family: 'Times New Roman';"> (&#8220;</span><span style="font-family: 'Times New Roman';">RPR</span><span style="font-family: 'Times New Roman';">&#8221;)</span><span style="font-family: 'Times New Roman';">, which is primarily engaged in oil refining.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The subsidiary</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Ultracargo</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Log&#237;stica</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">holds</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">an</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">interest in </span><span style="font-family: 'Times New Roman';">Uni</span><span style="font-family: 'Times New Roman';">&#227;</span><span style="font-family: 'Times New Roman';">o</span><span style="font-family: 'Times New Roman';"> Vopak</span><span style="font-family: 'Times New Roman';"> &#8211; </span><span style="font-family: 'Times New Roman';">Armaz&#233;ns</span><span style="font-family: 'Times New Roman';"> Gerais Ltda. (&#8220;</span><span style="font-family: 'Times New Roman';">Uni&#227;o</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Vopak&#8221;)</span><span style="font-family: 'Times New Roman';">, which is primarily engaged in liquid bulk storage in the port of </span><span style="font-family: 'Times New Roman';">Paranagu&#225;</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The subsidiary IPP </span><span style="font-family: 'Times New Roman';">held</span><span style="font-family: 'Times New Roman';"> an interest in </span><span style="font-family: 'Times New Roman';">ConectCar</span><span style="font-family: 'Times New Roman';">, which is primarily engaged in </span><span style="font-family: 'Times New Roman';">automatic</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">payment of tolls</span><span style="font-family: 'Times New Roman';"> and </span><span style="font-family: 'Times New Roman';">parking </span><span style="font-family: 'Times New Roman';">in the State</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> of</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Bahia, </span><span style="font-family: 'Times New Roman';">Cear&#225;</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">Esp&#237;rito</span><span style="font-family: 'Times New Roman';"> Santo, </span><span style="font-family: 'Times New Roman';">Goi&#225;s</span><span style="font-family: 'Times New Roman';">, Mato Grosso, Mato Grosso do Sul, Minas Gerais, Paran&#225;, Pernambuco, Rio de Janeiro, Rio Grande do Sul, Santa Catarina, S&#227;o Paulo and Distrito Federal</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">On June 25, 2021, the sale of </span><span style="font-family: 'Times New Roman';">ConectCar</span><span style="font-family: 'Times New Roman';">, completed on October 1, 2021. </span><span style="font-family: 'Times New Roman';"> For further details see item </span><span style="font-family: 'Times New Roman';"><span>13</span>.</span><span style="font-family: 'Times New Roman';">b.<span>1</span>.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The </span><span style="font-family: 'Times New Roman';">subsidiary</span><span style="font-family: 'Times New Roman';"> IPP participat</span><span style="font-family: 'Times New Roman';">e</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> in </span><span style="font-family: 'Times New Roman';">the port concession </span><span style="font-family: 'Times New Roman';">BEL<span>02</span>A</span><span style="font-family: 'Times New Roman';"> at</span><span style="font-family: 'Times New Roman';"> the port of Miramar</span><span style="font-family: 'Times New Roman';">, in </span><span style="font-family: 'Times New Roman';">Bel&#233;m</span><span style="font-family: 'Times New Roman';"> (PA),</span><span style="font-family: 'Times New Roman';"> through</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Latitude </span><span style="font-family: 'Times New Roman';">Log</span><span style="font-family: 'Times New Roman';">&#237;</span><span style="font-family: 'Times New Roman';">stica</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Portu&#225;ria</span><span style="font-family: 'Times New Roman';"> S.A. (&#8220;Latitude&#8221;)</span><span style="font-family: 'Times New Roman';">;</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">f</span><span style="font-family: 'Times New Roman';">or the port of Vit&#243;ria</span><span style="font-family: 'Times New Roman';"> (ES),</span><span style="font-family: 'Times New Roman';"> participate</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> through</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Navegantes</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Log&#237;stica</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Portu&#225;ria</span><span style="font-family: 'Times New Roman';"> S.A. (&#8220;</span><span style="font-family: 'Times New Roman';">Navegantes</span><span style="font-family: 'Times New Roman';">&#8221;)</span><span style="font-family: 'Times New Roman';">;</span><span style="font-family: 'Times New Roman';"> in </span><span style="font-family: 'Times New Roman';">Cabedelo</span><span style="font-family: 'Times New Roman';"> (PB)</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">has </span><span style="font-family: 'Times New Roman';">participat</span><span style="font-family: 'Times New Roman';">ion</span><span style="font-family: 'Times New Roman';"> in the </span><span style="font-family: 'Times New Roman';">Nordeste</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Log&#237;stica</span><span style="font-family: 'Times New Roman';"> I S.A. ("</span><span style="font-family: 'Times New Roman';">Nordeste</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Log&#237;stica</span><span style="font-family: 'Times New Roman';"> I"), </span><span style="font-family: 'Times New Roman';">Nordeste</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Log&#237;stica</span><span style="font-family: 'Times New Roman';"> II S.A. ("</span><span style="font-family: 'Times New Roman';">Nordeste</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Log&#237;stica</span><span style="font-family: 'Times New Roman';"> II") and </span><span style="font-family: 'Times New Roman';">Nordeste</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Log&#237;stica</span><span style="font-family: 'Times New Roman';"> III S.A. ("</span><span style="font-family: 'Times New Roman';">Nordeste</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Log&#237;stica</span><span style="font-family: 'Times New Roman';"> III&#8221;)</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">(see Note 34</span><span style="font-family: 'Times New Roman';">.c</span><span style="font-family: 'Times New Roman';">).</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">These investments</span><span style="font-family: 'Times New Roman';"> of joint ventures </span><span style="font-family: 'Times New Roman';">are accounted for under the equity method of accounting based on their financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';"> as of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span>1</span></span><span style="font-family: 'Times New Roman';">, <span>20</span></span><span style="font-family: 'Times New Roman';"><span>2</span></span><span style="font-family: 'Times New Roman';"><span>1</span></span><span style="font-family: 'Times New Roman';">.</span></span></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-60</span></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 10pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Balances and changes in joint ventures are as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
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<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt; font-weight: bold;"> Uni&#227;o Vopak </span></p>
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<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
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<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> RPR </span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
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<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> ConectCar </span></p>
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<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
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<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt; font-weight: bold;"> Latitude Log&#237;stica </span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 6.98381%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt; font-weight: bold;"> Navegantes Log&#237;stica </span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt; font-weight: bold;"> Nordeste Log&#237;stica I </span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
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<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt; font-weight: bold;"> Nordeste Log&#237;stica II </span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt; font-weight: bold;"> Nordeste Log&#237;stica III </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Total </span></p>
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<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2018 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 6.88259%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20181231_UniaoVopakMember" name="ifrs-full:InvestmentsInJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag7106" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,446</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.11336%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 6.88259%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20181231_RPRMember" name="ifrs-full:InvestmentsInJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag7122" decimals="-3" scale="3" format="ixt:num-dot-decimal">20,118</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.21457%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 6.88259%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20181231_ConnectCarMember" name="ifrs-full:InvestmentsInJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2419" decimals="-3" scale="3" format="ixt:num-dot-decimal">74,390</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.21457%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 6.88259%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="I20181231_LatitudeLogsticaMember" name="ifrs-full:InvestmentsInJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag7057" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.01215%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.11336%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 6.98381%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="I20181231_NavegantesLogsticaMember" name="ifrs-full:InvestmentsInJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2177" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.01215%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.21457%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 6.88259%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="I20181231_NordesteLogsticaIMember" name="ifrs-full:InvestmentsInJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag471" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.01215%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.11336%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 6.88259%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="I20181231_NordesteLogsticaIIMember" name="ifrs-full:InvestmentsInJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2232" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.21457%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 6.88259%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="I20181231_NordesteLogsticaIIIMember" name="ifrs-full:InvestmentsInJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag1946" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.01215%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.21457%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 6.88259%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20181231_JointVenturesMember" name="ifrs-full:InvestmentsInJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2291" decimals="-3" scale="3" format="ixt:num-dot-decimal">101,954</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.01215%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Capital increase </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20191231_UniaoVopakMember" name="ugp:CapitalIncreaseJointVentures" unitRef="BRL" id="Tag2193" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="D20191231_RPRMember" name="ugp:CapitalIncreaseJointVentures" unitRef="BRL" id="Tag2311" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20191231_ConnectCarMember" name="ugp:CapitalIncreaseJointVentures" unitRef="BRL" id="Tag2365" decimals="-3" scale="3" format="ixt:num-dot-decimal">35,000</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20191231_LatitudeLogsticaMember" name="ugp:CapitalIncreaseJointVentures" unitRef="BRL" id="Tag7113" decimals="-3" scale="3" format="ixt:num-dot-decimal">10,351</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20191231_NavegantesLogsticaMember" name="ugp:CapitalIncreaseJointVentures" unitRef="BRL" id="Tag1957" decimals="-3" scale="3" format="ixt:num-dot-decimal">23,581</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20191231_NordesteLogsticaIMember" name="ugp:CapitalIncreaseJointVentures" unitRef="BRL" id="Tag2074" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,930</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20191231_NordesteLogsticaIIMember" name="ugp:CapitalIncreaseJointVentures" unitRef="BRL" id="Tag2277" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,183</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20191231_NordesteLogsticaIIIMember" name="ugp:CapitalIncreaseJointVentures" unitRef="BRL" id="Tag2386" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,079</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20191231_JointVenturesMember" name="ugp:CapitalIncreaseJointVentures" unitRef="BRL" id="Tag1908" decimals="-3" scale="3" format="ixt:num-dot-decimal">79,124</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Other reserves </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="D20191231_UniaoVopakMember" name="ugp:IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures" unitRef="BRL" id="Tag2384" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20191231_RPRMember" name="ugp:IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures" unitRef="BRL" id="Tag2402" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">7,771</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="D20191231_ConnectCarMember" name="ugp:IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures" unitRef="BRL" id="Tag7112" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="D20191231_LatitudeLogsticaMember" name="ugp:IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures" unitRef="BRL" id="Tag2025" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="D20191231_NavegantesLogsticaMember" name="ugp:IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures" unitRef="BRL" id="Tag2117" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="D20191231_NordesteLogsticaIMember" name="ugp:IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures" unitRef="BRL" id="Tag2023" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="D20191231_NordesteLogsticaIIMember" name="ugp:IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures" unitRef="BRL" id="Tag2175" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="D20191231_NordesteLogsticaIIIMember" name="ugp:IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures" unitRef="BRL" id="Tag2341" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20191231_JointVenturesMember" name="ugp:IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures" unitRef="BRL" id="Tag166" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">7,771</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Dividends </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20191231_UniaoVopakMember" name="ifrs-full:DividendsReceived" unitRef="BRL" id="Tag2072" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,474</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20191231_RPRMember" name="ifrs-full:DividendsReceived" unitRef="BRL" id="Tag390" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,295</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="D20191231_ConnectCarMember" name="ifrs-full:DividendsReceived" unitRef="BRL" id="Tag2296" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="D20191231_LatitudeLogsticaMember" name="ifrs-full:DividendsReceived" unitRef="BRL" id="Tag2084" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="D20191231_NavegantesLogsticaMember" name="ifrs-full:DividendsReceived" unitRef="BRL" id="Tag1985" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="D20191231_NordesteLogsticaIMember" name="ifrs-full:DividendsReceived" unitRef="BRL" id="Tag2320" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="D20191231_NordesteLogsticaIIMember" name="ifrs-full:DividendsReceived" unitRef="BRL" id="Tag2482" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="D20191231_NordesteLogsticaIIIMember" name="ifrs-full:DividendsReceived" unitRef="BRL" id="Tag2187" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20191231_JointVenturesMember" name="ifrs-full:DividendsReceived" unitRef="BRL" id="Tag2264" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,769</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Share of profit (loss) of joint ventures </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20191231_UniaoVopakMember" name="ifrs-full:ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2068" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,370</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20191231_RPRMember" name="ifrs-full:ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag7085" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">10,740</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20191231_ConnectCarMember" name="ifrs-full:ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2156" decimals="-3" scale="3" format="ixt:num-dot-decimal">26,572</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="D20191231_LatitudeLogsticaMember" name="ifrs-full:ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag1907" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.98381%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="D20191231_NavegantesLogsticaMember" name="ifrs-full:ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2161" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="D20191231_NordesteLogsticaIMember" name="ifrs-full:ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag7059" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="D20191231_NordesteLogsticaIIMember" name="ifrs-full:ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2172" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="D20191231_NordesteLogsticaIIIMember" name="ifrs-full:ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2224" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20191231_JointVenturesMember" name="ifrs-full:ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag1611" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">14,462</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2019 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20191231_UniaoVopakMember" name="ifrs-full:InvestmentsInJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag7817" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,342</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20191231_RPRMember" name="ifrs-full:InvestmentsInJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2442" decimals="-3" scale="3" format="ixt:num-dot-decimal">18,792</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20191231_ConnectCarMember" name="ifrs-full:InvestmentsInJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag7044" decimals="-3" scale="3" format="ixt:num-dot-decimal">82,818</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20191231_LatitudeLogsticaMember" name="ifrs-full:InvestmentsInJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2234" decimals="-3" scale="3" format="ixt:num-dot-decimal">10,351</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20191231_NavegantesLogsticaMember" name="ifrs-full:InvestmentsInJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2381" decimals="-3" scale="3" format="ixt:num-dot-decimal">23,581</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20191231_NordesteLogsticaIMember" name="ifrs-full:InvestmentsInJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag7102" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,930</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20191231_NordesteLogsticaIIMember" name="ifrs-full:InvestmentsInJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2388" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,183</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20191231_NordesteLogsticaIIIMember" name="ifrs-full:InvestmentsInJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2387" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,079</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20191231_JointVenturesMember" name="ifrs-full:InvestmentsInJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2202" decimals="-3" scale="3" format="ixt:num-dot-decimal">153,076</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Capital increase </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="D20201231_UniaoVopakMember" name="ugp:CapitalIncreaseJointVentures" unitRef="BRL" id="Tag2418" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="D20201231_RPRMember" name="ugp:CapitalIncreaseJointVentures" unitRef="BRL" id="Tag7124" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20201231_ConnectCarMember" name="ugp:CapitalIncreaseJointVentures" unitRef="BRL" id="Tag7103" decimals="-3" scale="3" format="ixt:num-dot-decimal">20,000</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="D20201231_LatitudeLogsticaMember" name="ugp:CapitalIncreaseJointVentures" unitRef="BRL" id="Tag2446" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="D20201231_NavegantesLogsticaMember" name="ugp:CapitalIncreaseJointVentures" unitRef="BRL" id="Tag2191" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20201231_NordesteLogsticaIMember" name="ugp:CapitalIncreaseJointVentures" unitRef="BRL" id="Tag2240" decimals="-3" scale="3" format="ixt:num-dot-decimal">303</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20201231_NordesteLogsticaIIMember" name="ugp:CapitalIncreaseJointVentures" unitRef="BRL" id="Tag2468" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,894</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20201231_NordesteLogsticaIIIMember" name="ugp:CapitalIncreaseJointVentures" unitRef="BRL" id="Tag7090" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,006</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20201231_JointVenturesMember" name="ugp:CapitalIncreaseJointVentures" unitRef="BRL" id="Tag1904" decimals="-3" scale="3" format="ixt:num-dot-decimal">29,203</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Capital decrease (i) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="D20201231_UniaoVopakMember" name="ugp:CapitalReductionJointVentures" unitRef="BRL" id="Tag2294" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="D20201231_RPRMember" name="ugp:CapitalReductionJointVentures" unitRef="BRL" id="Tag1994" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="D20201231_ConnectCarMember" name="ugp:CapitalReductionJointVentures" unitRef="BRL" id="Tag2306" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="D20201231_LatitudeLogsticaMember" name="ugp:CapitalReductionJointVentures" unitRef="BRL" id="Tag2389" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20201231_NavegantesLogsticaMember" name="ugp:CapitalReductionJointVentures" unitRef="BRL" id="Tag2327" decimals="-3" scale="3" format="ixt:num-dot-decimal">363</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="D20201231_NordesteLogsticaIMember" name="ugp:CapitalReductionJointVentures" unitRef="BRL" id="Tag2449" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="D20201231_NordesteLogsticaIIMember" name="ugp:CapitalReductionJointVentures" unitRef="BRL" id="Tag2436" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="D20201231_NordesteLogsticaIIIMember" name="ugp:CapitalReductionJointVentures" unitRef="BRL" id="Tag1945" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20201231_JointVenturesMember" name="ugp:CapitalReductionJointVentures" unitRef="BRL" id="Tag2109" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">363</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Other reserves </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="D20201231_UniaoVopakMember" name="ugp:IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures" unitRef="BRL" id="Tag2119" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20201231_RPRMember" name="ugp:IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures" unitRef="BRL" id="Tag2160" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,065</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="D20201231_ConnectCarMember" name="ugp:IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures" unitRef="BRL" id="Tag1938" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="D20201231_LatitudeLogsticaMember" name="ugp:IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures" unitRef="BRL" id="Tag2090" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="D20201231_NavegantesLogsticaMember" name="ugp:IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures" unitRef="BRL" id="Tag1996" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="D20201231_NordesteLogsticaIMember" name="ugp:IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures" unitRef="BRL" id="Tag1956" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="D20201231_NordesteLogsticaIIMember" name="ugp:IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures" unitRef="BRL" id="Tag2008" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="D20201231_NordesteLogsticaIIIMember" name="ugp:IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures" unitRef="BRL" id="Tag2007" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20201231_JointVenturesMember" name="ugp:IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures" unitRef="BRL" id="Tag2301" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,065</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Proposed dividends </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="D20201231_UniaoVopakMember" name="ifrs-full:DividendsReceived" unitRef="BRL" id="Tag2080" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20201231_RPRMember" name="ifrs-full:DividendsReceived" unitRef="BRL" id="Tag2290" decimals="-3" scale="3" format="ixt:num-dot-decimal">165</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="D20201231_ConnectCarMember" name="ifrs-full:DividendsReceived" unitRef="BRL" id="Tag2079" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="D20201231_LatitudeLogsticaMember" name="ifrs-full:DividendsReceived" unitRef="BRL" id="Tag2230" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="D20201231_NavegantesLogsticaMember" name="ifrs-full:DividendsReceived" unitRef="BRL" id="Tag2340" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="D20201231_NordesteLogsticaIMember" name="ifrs-full:DividendsReceived" unitRef="BRL" id="Tag1997" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="D20201231_NordesteLogsticaIIMember" name="ifrs-full:DividendsReceived" unitRef="BRL" id="Tag7104" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="D20201231_NordesteLogsticaIIIMember" name="ifrs-full:DividendsReceived" unitRef="BRL" id="Tag7076" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20201231_JointVenturesMember" name="ifrs-full:DividendsReceived" unitRef="BRL" id="Tag2206" decimals="-3" scale="3" format="ixt:num-dot-decimal">165</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Share of profit (loss) of joint ventures </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20201231_UniaoVopakMember" name="ifrs-full:ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag7077" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">392</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20201231_RPRMember" name="ifrs-full:ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag7078" decimals="-3" scale="3" format="ixt:num-dot-decimal">21,788</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20201231_ConnectCarMember" name="ifrs-full:ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag1615" decimals="-3" scale="3" format="ixt:num-dot-decimal">21,638</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="D20201231_LatitudeLogsticaMember" name="ifrs-full:ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2261" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.98381%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20201231_NavegantesLogsticaMember" name="ifrs-full:ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag7080" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,594</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20201231_NordesteLogsticaIMember" name="ifrs-full:ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2409" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,409</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20201231_NordesteLogsticaIIMember" name="ifrs-full:ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag7082" decimals="-3" scale="3" format="ixt:num-dot-decimal">401</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20201231_NordesteLogsticaIIIMember" name="ifrs-full:ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2110" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">626</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20201231_JointVenturesMember" name="ifrs-full:ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2348" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">45,812</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Transfer to provision for liabilities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="D20201231_UniaoVopakMember" name="ugp:IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures" unitRef="BRL" id="Tag2006" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20201231_RPRMember" name="ugp:IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures" unitRef="BRL" id="Tag7081" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,096</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="D20201231_ConnectCarMember" name="ugp:IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures" unitRef="BRL" id="Tag2004" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="D20201231_LatitudeLogsticaMember" name="ugp:IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures" unitRef="BRL" id="Tag1614" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="D20201231_NavegantesLogsticaMember" name="ugp:IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures" unitRef="BRL" id="Tag2373" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="D20201231_NordesteLogsticaIMember" name="ugp:IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures" unitRef="BRL" id="Tag2445" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="D20201231_NordesteLogsticaIIMember" name="ugp:IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures" unitRef="BRL" id="Tag2254" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="D20201231_NordesteLogsticaIIIMember" name="ugp:IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures" unitRef="BRL" id="Tag2337" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20201231_JointVenturesMember" name="ugp:IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures" unitRef="BRL" id="Tag7068" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,096</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20201231_UniaoVopakMember" name="ifrs-full:InvestmentsInJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2168" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,734</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;" class="ng-scope"><ix:nonFraction contextRef="I20201231_RPRMember" name="ifrs-full:InvestmentsInJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2102" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20201231_ConnectCarMember" name="ifrs-full:InvestmentsInJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2122" decimals="-3" scale="3" format="ixt:num-dot-decimal">81,180</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20201231_LatitudeLogsticaMember" name="ifrs-full:InvestmentsInJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2275" decimals="-3" scale="3" format="ixt:num-dot-decimal">10,351</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20201231_NavegantesLogsticaMember" name="ifrs-full:InvestmentsInJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag1916" decimals="-3" scale="3" format="ixt:num-dot-decimal">21,624</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20201231_NordesteLogsticaIMember" name="ifrs-full:InvestmentsInJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2318" decimals="-3" scale="3" format="ixt:num-dot-decimal">824</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20201231_NordesteLogsticaIIMember" name="ifrs-full:InvestmentsInJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2077" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,676</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20201231_NordesteLogsticaIIIMember" name="ifrs-full:InvestmentsInJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2018" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,711</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20201231_JointVenturesMember" name="ifrs-full:InvestmentsInJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag1972" decimals="-3" scale="3" format="ixt:num-dot-decimal">139,100</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Capital increase </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_UniaoVopakMember" name="ugp:CapitalIncreaseJointVentures" unitRef="BRL" id="Tag7107" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_RPRMember" name="ugp:CapitalIncreaseJointVentures" unitRef="BRL" id="Tag2159" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_ConnectCarMember" name="ugp:CapitalIncreaseJointVentures" unitRef="BRL" id="Tag2414" decimals="-3" scale="3" format="ixt:num-dot-decimal">15,000</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_LatitudeLogsticaMember" name="ugp:CapitalIncreaseJointVentures" unitRef="BRL" id="Tag7119" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,001</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_NavegantesLogsticaMember" name="ugp:CapitalIncreaseJointVentures" unitRef="BRL" id="Tag1926" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,697</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_NordesteLogsticaIMember" name="ugp:CapitalIncreaseJointVentures" unitRef="BRL" id="Tag2164" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_NordesteLogsticaIIMember" name="ugp:CapitalIncreaseJointVentures" unitRef="BRL" id="Tag2123" decimals="-3" scale="3" format="ixt:num-dot-decimal">6,399</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_NordesteLogsticaIIIMember" name="ugp:CapitalIncreaseJointVentures" unitRef="BRL" id="Tag2026" decimals="-3" scale="3" format="ixt:num-dot-decimal">600</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_JointVenturesMember" name="ugp:CapitalIncreaseJointVentures" unitRef="BRL" id="Tag2370" decimals="-3" scale="3" format="ixt:num-dot-decimal">30,697</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Capital decrease (i) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_UniaoVopakMember" name="ugp:CapitalReductionJointVentures" unitRef="BRL" id="Tag2073" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_RPRMember" name="ugp:CapitalReductionJointVentures" unitRef="BRL" id="Tag1958" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_ConnectCarMember" name="ugp:CapitalReductionJointVentures" unitRef="BRL" id="Tag2450" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20211231_LatitudeLogsticaMember" name="ugp:CapitalReductionJointVentures" unitRef="BRL" id="Tag7088" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,001</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_NavegantesLogsticaMember" name="ugp:CapitalReductionJointVentures" unitRef="BRL" id="Tag7093" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_NordesteLogsticaIMember" name="ugp:CapitalReductionJointVentures" unitRef="BRL" id="Tag2178" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_NordesteLogsticaIIMember" name="ugp:CapitalReductionJointVentures" unitRef="BRL" id="Tag7116" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_NordesteLogsticaIIIMember" name="ugp:CapitalReductionJointVentures" unitRef="BRL" id="Tag2220" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20211231_JointVenturesMember" name="ugp:CapitalReductionJointVentures" unitRef="BRL" id="Tag2448" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">5,001</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Other reserves </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_UniaoVopakMember" name="ugp:IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures" unitRef="BRL" id="Tag2020" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_RPRMember" name="ugp:IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures" unitRef="BRL" id="Tag2297" decimals="-3" scale="3" format="ixt:num-dot-decimal">99</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_ConnectCarMember" name="ugp:IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures" unitRef="BRL" id="Tag2103" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_LatitudeLogsticaMember" name="ugp:IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures" unitRef="BRL" id="Tag1934" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_NavegantesLogsticaMember" name="ugp:IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures" unitRef="BRL" id="Tag2219" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_NordesteLogsticaIMember" name="ugp:IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures" unitRef="BRL" id="Tag2016" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_NordesteLogsticaIIMember" name="ugp:IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures" unitRef="BRL" id="Tag2015" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_NordesteLogsticaIIIMember" name="ugp:IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures" unitRef="BRL" id="Tag2071" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_JointVenturesMember" name="ugp:IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures" unitRef="BRL" id="Tag1910" decimals="-3" scale="3" format="ixt:num-dot-decimal">99</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Actuarial gain of post-employment benefits </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_UniaoVopakMember" name="ugp:IncreaseDecreaseThroughActuarialGainLossOfPostEmploymentBenefitsInvestmentsInJointVentures" unitRef="BRL" id="Tag7100" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_RPRMember" name="ugp:IncreaseDecreaseThroughActuarialGainLossOfPostEmploymentBenefitsInvestmentsInJointVentures" unitRef="BRL" id="Tag2251" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,723</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_ConnectCarMember" name="ugp:IncreaseDecreaseThroughActuarialGainLossOfPostEmploymentBenefitsInvestmentsInJointVentures" unitRef="BRL" id="Tag2475" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_LatitudeLogsticaMember" name="ugp:IncreaseDecreaseThroughActuarialGainLossOfPostEmploymentBenefitsInvestmentsInJointVentures" unitRef="BRL" id="Tag1979" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_NavegantesLogsticaMember" name="ugp:IncreaseDecreaseThroughActuarialGainLossOfPostEmploymentBenefitsInvestmentsInJointVentures" unitRef="BRL" id="Tag1978" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_NordesteLogsticaIMember" name="ugp:IncreaseDecreaseThroughActuarialGainLossOfPostEmploymentBenefitsInvestmentsInJointVentures" unitRef="BRL" id="Tag1911" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_NordesteLogsticaIIMember" name="ugp:IncreaseDecreaseThroughActuarialGainLossOfPostEmploymentBenefitsInvestmentsInJointVentures" unitRef="BRL" id="Tag2305" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_NordesteLogsticaIIIMember" name="ugp:IncreaseDecreaseThroughActuarialGainLossOfPostEmploymentBenefitsInvestmentsInJointVentures" unitRef="BRL" id="Tag2396" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_JointVenturesMember" name="ugp:IncreaseDecreaseThroughActuarialGainLossOfPostEmploymentBenefitsInvestmentsInJointVentures" unitRef="BRL" id="Tag2120" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,723</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 34px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 19.332%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Shareholder transaction &#8211; changes of investments </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_UniaoVopakMember" name="ugp:IncreaseDecreaseThroughChangesOfInvestmentsFromShareholderTransactionInvestmentsInJointVentures" unitRef="BRL" id="Tag1973" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_RPRMember" name="ugp:IncreaseDecreaseThroughChangesOfInvestmentsFromShareholderTransactionInvestmentsInJointVentures" unitRef="BRL" id="Tag1989" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_ConnectCarMember" name="ugp:IncreaseDecreaseThroughChangesOfInvestmentsFromShareholderTransactionInvestmentsInJointVentures" unitRef="BRL" id="Tag1920" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20211231_LatitudeLogsticaMember" name="ugp:IncreaseDecreaseThroughChangesOfInvestmentsFromShareholderTransactionInvestmentsInJointVentures" unitRef="BRL" id="Tag303" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">966</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 6.98381%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_NavegantesLogsticaMember" name="ugp:IncreaseDecreaseThroughChangesOfInvestmentsFromShareholderTransactionInvestmentsInJointVentures" unitRef="BRL" id="Tag2292" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_NordesteLogsticaIMember" name="ugp:IncreaseDecreaseThroughChangesOfInvestmentsFromShareholderTransactionInvestmentsInJointVentures" unitRef="BRL" id="Tag2367" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_NordesteLogsticaIIMember" name="ugp:IncreaseDecreaseThroughChangesOfInvestmentsFromShareholderTransactionInvestmentsInJointVentures" unitRef="BRL" id="Tag1984" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_NordesteLogsticaIIIMember" name="ugp:IncreaseDecreaseThroughChangesOfInvestmentsFromShareholderTransactionInvestmentsInJointVentures" unitRef="BRL" id="Tag7118" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20211231_JointVenturesMember" name="ugp:IncreaseDecreaseThroughChangesOfInvestmentsFromShareholderTransactionInvestmentsInJointVentures" unitRef="BRL" id="Tag2024" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">966</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Share of profit (loss) of joint ventures </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_UniaoVopakMember" name="ifrs-full:ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2485" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">602</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_RPRMember" name="ifrs-full:ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag7069" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">822</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20211231_ConnectCarMember" name="ifrs-full:ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2236" decimals="-3" scale="3" format="ixt:num-dot-decimal">18,081</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_LatitudeLogsticaMember" name="ifrs-full:ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2214" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">593</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20211231_NavegantesLogsticaMember" name="ifrs-full:ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2078" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,032</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_NordesteLogsticaIMember" name="ifrs-full:ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2287" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,592</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20211231_NordesteLogsticaIIMember" name="ifrs-full:ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2180" decimals="-3" scale="3" format="ixt:num-dot-decimal">819</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_NordesteLogsticaIIIMember" name="ifrs-full:ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag1971" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">255</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20211231_JointVenturesMember" name="ifrs-full:ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2021" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">18,068</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Disposition of investment (see Note </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_UniaoVopakMember" name="ugp:DecreaseThroughDispositionOfInvestmentInJointVentures" unitRef="BRL" id="Tag2169" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_RPRMember" name="ugp:DecreaseThroughDispositionOfInvestmentInJointVentures" unitRef="BRL" id="Tag2076" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20211231_ConnectCarMember" name="ugp:DecreaseThroughDispositionOfInvestmentInJointVentures" unitRef="BRL" id="Tag130" decimals="-3" scale="3" format="ixt:num-dot-decimal">78,099</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_LatitudeLogsticaMember" name="ugp:DecreaseThroughDispositionOfInvestmentInJointVentures" unitRef="BRL" id="Tag168" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_NavegantesLogsticaMember" name="ugp:DecreaseThroughDispositionOfInvestmentInJointVentures" unitRef="BRL" id="Tag7094" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_NordesteLogsticaIMember" name="ugp:DecreaseThroughDispositionOfInvestmentInJointVentures" unitRef="BRL" id="Tag1995" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_NordesteLogsticaIIMember" name="ugp:DecreaseThroughDispositionOfInvestmentInJointVentures" unitRef="BRL" id="Tag171" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_NordesteLogsticaIIIMember" name="ugp:DecreaseThroughDispositionOfInvestmentInJointVentures" unitRef="BRL" id="Tag1915" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20211231_JointVenturesMember" name="ugp:DecreaseThroughDispositionOfInvestmentInJointVentures" unitRef="BRL" id="Tag131" decimals="-3" scale="3" format="ixt:num-dot-decimal">78,099</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Transfer from provision for liabilities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_UniaoVopakMember" name="ugp:IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures" unitRef="BRL" id="Tag1992" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20211231_RPRMember" name="ugp:IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures" unitRef="BRL" id="Tag7115" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">2,096</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_ConnectCarMember" name="ugp:IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures" unitRef="BRL" id="Tag2176" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_LatitudeLogsticaMember" name="ugp:IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures" unitRef="BRL" id="Tag2124" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.98381%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_NavegantesLogsticaMember" name="ugp:IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures" unitRef="BRL" id="Tag1974" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_NordesteLogsticaIMember" name="ugp:IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures" unitRef="BRL" id="Tag2165" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_NordesteLogsticaIIMember" name="ugp:IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures" unitRef="BRL" id="Tag7111" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20211231_NordesteLogsticaIIIMember" name="ugp:IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures" unitRef="BRL" id="Tag1991" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="D20211231_JointVenturesMember" name="ugp:IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures" unitRef="BRL" id="Tag663" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">2,096</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20211231_UniaoVopakMember" name="ifrs-full:InvestmentsInJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2464" decimals="-3" scale="3" format="ixt:num-dot-decimal">8,336</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20211231_RPRMember" name="ifrs-full:InvestmentsInJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2285" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,548</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="I20211231_ConnectCarMember" name="ifrs-full:InvestmentsInJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2343" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20211231_LatitudeLogsticaMember" name="ifrs-full:InvestmentsInJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2209" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,978</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 6.98381%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20211231_NavegantesLogsticaMember" name="ifrs-full:InvestmentsInJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag1975" decimals="-3" scale="3" format="ixt:num-dot-decimal">22,289</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20211231_NordesteLogsticaIMember" name="ifrs-full:InvestmentsInJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag7099" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,416</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20211231_NordesteLogsticaIIMember" name="ifrs-full:InvestmentsInJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2379" decimals="-3" scale="3" format="ixt:num-dot-decimal">13,256</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20211231_NordesteLogsticaIIIMember" name="ifrs-full:InvestmentsInJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag7110" decimals="-3" scale="3" format="ixt:num-dot-decimal">10,566</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20211231_JointVenturesMember" name="ifrs-full:InvestmentsInJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2385" decimals="-3" scale="3" format="ixt:num-dot-decimal">71,389</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(i) <ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote32">Refers to reimbursement of expenses that preceded the port area auctions and that were apportioned among the other members of the consortium.</ix:footnote></span></p>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div>
<ix:exclude>
<div>
<div id="t_ft_QN9NIA5LYO00000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-61</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
</ix:exclude>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ugp:DescriptionOfTransferToProvisionForShortTermLiabilitiesRelatedToJointVenturesTableTextBlock" id="Tag2039" escape="true">
<table cellpadding="0" style="border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 100%; margin-left: auto; margin-right: auto;" width="100%">
<tbody>
<tr style="height: 11.35pt; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; width: 78.9438%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; background-color: #ffffff; width: 19.9588%;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Provision to (from) short-term liabilities </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; width: 0.960219%;"><br/></td>
</tr>
<tr style="height: 11.35pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 78.9438%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 19.9588%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> RPR </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 0.960219%;"><br/></td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 78.9438%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2019 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 19.9588%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;" class="ng-scope"><ix:nonFraction contextRef="I20191231" name="ugp:NonCurrentProvisionForShortTermLiabilitiesOfJointVenture" unitRef="BRL" id="Tag2400" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.960219%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 11.35pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 78.9438%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Transfer to provision for liabilities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 19.9588%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ugp:IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures" unitRef="BRL" id="Tag2248" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,096</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.960219%;"><br/></td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 78.9438%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 19.9588%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ugp:NonCurrentProvisionForShortTermLiabilitiesOfJointVenture" unitRef="BRL" id="Tag2194" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,096</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.960219%;"><br/></td>
</tr>
<tr style="height: 11.35pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 78.9438%;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Transfer from provision for liabilities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 19.9588%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ugp:IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures" unitRef="BRL" id="Tag2308" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">2,096</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.960219%;">)</td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 78.9438%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 19.9588%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="I20211231" name="ugp:NonCurrentProvisionForShortTermLiabilitiesOfJointVenture" unitRef="BRL" id="Tag7043" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.960219%;"><br/></td>
</tr>
</tbody>
</table>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:DisclosureOfJointVenturesExplanatory" id="Tag2128" escape="true">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The table below presents the </span><span style="font-family: 'Times New Roman';">statements of financial position</span><span style="font-family: 'Times New Roman';"> and </span><span style="font-family: 'Times New Roman';">statements of profit or </span><span style="font-family: 'Times New Roman';">loss of</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">joint ventures: </span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_W1QLK3KSO000000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 224px;" width="100%">
<tbody>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td colspan="22" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="border-bottom: 0.5pt solid #000000; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"><br/></td>
</tr>
<tr style="height: 34px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Uni&#227;o Vopak </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> RPR </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"><span style="font-family: 'Times New Roman';">ConectCar</span><span style="font-family: 'Times New Roman';"> </span><sup><sup><sup><sup><sup><sup><sup><sup><sup><span style="font-family: 'Times New Roman'; vertical-align: super;">(</span></sup></sup></sup></sup></sup></sup></sup></sup></sup><sup><sup><sup><sup><sup><sup><sup><sup><sup><span style="font-family: 'Times New Roman'; vertical-align: super;">i</span></sup></sup></sup></sup></sup></sup></sup></sup></sup><sup><sup><sup><sup><sup><sup><sup><sup><sup><span style="font-family: 'Times New Roman'; vertical-align: super;">)</span></sup></sup></sup></sup></sup></sup></sup></sup></sup></span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Latitude Log&#237;stica </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Navegantes Log&#237;stica </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Nordeste Log&#237;stica I </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Nordeste Log&#237;stica II </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Nordeste Log&#237;stica III </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 29%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Current assets </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 7%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_UniaoVopakMember" name="ifrs-full:CurrentAssets" unitRef="BRL" id="Tag7121" decimals="-3" scale="3" format="ixt:num-dot-decimal">10,068</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 7%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_RPRMember" name="ifrs-full:CurrentAssets" unitRef="BRL" id="Tag2226" decimals="-3" scale="3" format="ixt:num-dot-decimal">273,029</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 7%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_ConnectCarMember" name="ifrs-full:CurrentAssets" unitRef="BRL" id="Tag2111" decimals="-3" scale="3" format="ixt:num-dot-decimal">171,894</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 7%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_LatitudeLogsticaMember" name="ifrs-full:CurrentAssets" unitRef="BRL" id="Tag1970" decimals="-3" scale="3" format="ixt:num-dot-decimal">18,798</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 7%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_NavegantesLogsticaMember" name="ifrs-full:CurrentAssets" unitRef="BRL" id="Tag2351" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,393</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 7%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_NordesteLogsticaIMember" name="ifrs-full:CurrentAssets" unitRef="BRL" id="Tag1935" decimals="-3" scale="3" format="ixt:num-dot-decimal">52,022</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 7%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_NordesteLogsticaIIMember" name="ifrs-full:CurrentAssets" unitRef="BRL" id="Tag2195" decimals="-3" scale="3" format="ixt:num-dot-decimal">36,958</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 7%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_NordesteLogsticaIIIMember" name="ifrs-full:CurrentAssets" unitRef="BRL" id="Tag2239" decimals="-3" scale="3" format="ixt:num-dot-decimal">17,458</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Non-current assets </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_UniaoVopakMember" name="ifrs-full:NoncurrentAssets" unitRef="BRL" id="Tag2440" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,696</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_RPRMember" name="ifrs-full:NoncurrentAssets" unitRef="BRL" id="Tag1901" decimals="-3" scale="3" format="ixt:num-dot-decimal">179,652</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_ConnectCarMember" name="ifrs-full:NoncurrentAssets" unitRef="BRL" id="Tag2407" decimals="-3" scale="3" format="ixt:num-dot-decimal">177,217</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_LatitudeLogsticaMember" name="ifrs-full:NoncurrentAssets" unitRef="BRL" id="Tag2184" decimals="-3" scale="3" format="ixt:num-dot-decimal">50,215</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_NavegantesLogsticaMember" name="ifrs-full:NoncurrentAssets" unitRef="BRL" id="Tag2361" decimals="-3" scale="3" format="ixt:num-dot-decimal">167,170</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_NordesteLogsticaIMember" name="ifrs-full:NoncurrentAssets" unitRef="BRL" id="Tag2424" decimals="-3" scale="3" format="ixt:num-dot-decimal">18,346</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_NordesteLogsticaIIMember" name="ifrs-full:NoncurrentAssets" unitRef="BRL" id="Tag7050" decimals="-3" scale="3" format="ixt:num-dot-decimal">17,279</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_NordesteLogsticaIIIMember" name="ifrs-full:NoncurrentAssets" unitRef="BRL" id="Tag2273" decimals="-3" scale="3" format="ixt:num-dot-decimal">49,439</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Current liabilities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_UniaoVopakMember" name="ifrs-full:CurrentLiabilities" unitRef="BRL" id="Tag1964" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,824</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_RPRMember" name="ifrs-full:CurrentLiabilities" unitRef="BRL" id="Tag1937" decimals="-3" scale="3" format="ixt:num-dot-decimal">354,001</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_ConnectCarMember" name="ifrs-full:CurrentLiabilities" unitRef="BRL" id="Tag2188" decimals="-3" scale="3" format="ixt:num-dot-decimal">174,030</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_LatitudeLogsticaMember" name="ifrs-full:CurrentLiabilities" unitRef="BRL" id="Tag2154" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,151</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_NavegantesLogsticaMember" name="ifrs-full:CurrentLiabilities" unitRef="BRL" id="Tag2394" decimals="-3" scale="3" format="ixt:num-dot-decimal">256</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_NordesteLogsticaIMember" name="ifrs-full:CurrentLiabilities" unitRef="BRL" id="Tag2313" decimals="-3" scale="3" format="ixt:num-dot-decimal">46,615</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_NordesteLogsticaIIMember" name="ifrs-full:CurrentLiabilities" unitRef="BRL" id="Tag2085" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,418</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_NordesteLogsticaIIIMember" name="ifrs-full:CurrentLiabilities" unitRef="BRL" id="Tag7108" decimals="-3" scale="3" format="ixt:num-dot-decimal">13,960</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Non-current liabilities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_UniaoVopakMember" name="ifrs-full:NoncurrentLiabilities" unitRef="BRL" id="Tag2438" decimals="-3" scale="3" format="ixt:num-dot-decimal">268</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_RPRMember" name="ifrs-full:NoncurrentLiabilities" unitRef="BRL" id="Tag2427" decimals="-3" scale="3" format="ixt:num-dot-decimal">84,980</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_ConnectCarMember" name="ifrs-full:NoncurrentLiabilities" unitRef="BRL" id="Tag7074" decimals="-3" scale="3" format="ixt:num-dot-decimal">18,883</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_LatitudeLogsticaMember" name="ifrs-full:NoncurrentLiabilities" unitRef="BRL" id="Tag2390" decimals="-3" scale="3" format="ixt:num-dot-decimal">39,906</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_NavegantesLogsticaMember" name="ifrs-full:NoncurrentLiabilities" unitRef="BRL" id="Tag2315" decimals="-3" scale="3" format="ixt:num-dot-decimal">105,440</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_NordesteLogsticaIMember" name="ifrs-full:NoncurrentLiabilities" unitRef="BRL" id="Tag2252" decimals="-3" scale="3" format="ixt:num-dot-decimal">16,504</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_NordesteLogsticaIIMember" name="ifrs-full:NoncurrentLiabilities" unitRef="BRL" id="Tag2098" decimals="-3" scale="3" format="ixt:num-dot-decimal">13,052</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_NordesteLogsticaIIIMember" name="ifrs-full:NoncurrentLiabilities" unitRef="BRL" id="Tag2471" decimals="-3" scale="3" format="ixt:num-dot-decimal">21,239</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Equity </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_UniaoVopakMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag7063" decimals="-3" scale="3" format="ixt:num-dot-decimal">16,672</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_RPRMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag7096" decimals="-3" scale="3" format="ixt:num-dot-decimal">13,700</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_ConnectCarMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag7054" decimals="-3" scale="3" format="ixt:num-dot-decimal">156,198</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_LatitudeLogsticaMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag2271" decimals="-3" scale="3" format="ixt:num-dot-decimal">19,956</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_NavegantesLogsticaMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag2478" decimals="-3" scale="3" format="ixt:num-dot-decimal">66,867</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_NordesteLogsticaIMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag2189" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,249</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_NordesteLogsticaIIMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag2382" decimals="-3" scale="3" format="ixt:num-dot-decimal">39,767</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_NordesteLogsticaIIIMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag2374" decimals="-3" scale="3" format="ixt:num-dot-decimal">31,698</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net revenue from sales and services </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_UniaoVopakMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag2256" decimals="-3" scale="3" format="ixt:num-dot-decimal">17,660</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_RPRMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag2425" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,092,786</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_ConnectCarMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag1912" decimals="-3" scale="3" format="ixt:num-dot-decimal">60,436</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_LatitudeLogsticaMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag2069" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,895</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_NavegantesLogsticaMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag2092" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_NordesteLogsticaIMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag2393" decimals="-3" scale="3" format="ixt:num-dot-decimal">11,625</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_NordesteLogsticaIIMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag2017" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,016</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_NordesteLogsticaIIIMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag2401" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,561</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Costs, operating expenses and income </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_UniaoVopakMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag2372" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">16,144</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_RPRMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag2108" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">2,105,544</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_ConnectCarMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag2413" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">97,095</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_LatitudeLogsticaMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag2377" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">2,591</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_NavegantesLogsticaMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag1980" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,579</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_NordesteLogsticaIMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag1930" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">3,260</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_NordesteLogsticaIIMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag2357" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">3,980</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_NordesteLogsticaIIIMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag2250" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">5,030</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net finance income and income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_UniaoVopakMember" name="ugp:NetFinancialIncomeAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag2434" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">312</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_RPRMember" name="ugp:NetFinancialIncomeAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag7073" decimals="-3" scale="3" format="ixt:num-dot-decimal">15,235</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_ConnectCarMember" name="ugp:NetFinancialIncomeAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag302" decimals="-3" scale="3" format="ixt:num-dot-decimal">497</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_LatitudeLogsticaMember" name="ugp:NetFinancialIncomeAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag2476" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">2,118</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_NavegantesLogsticaMember" name="ugp:NetFinancialIncomeAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag7091" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">7,517</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_NordesteLogsticaIMember" name="ugp:NetFinancialIncomeAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag1961" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">3,589</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_NordesteLogsticaIIMember" name="ugp:NetFinancialIncomeAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag1940" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">494</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_NordesteLogsticaIIIMember" name="ugp:NetFinancialIncomeAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag2368" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,765</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net income (loss) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_UniaoVopakMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag7047" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,204</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_RPRMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag2422" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,477</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_ConnectCarMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag2411" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">36,162</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_LatitudeLogsticaMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag1962" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,186</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_NavegantesLogsticaMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag1999" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">9,096</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_NordesteLogsticaIMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag2011" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,776</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_NordesteLogsticaIIMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag2460" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">2,458</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_NordesteLogsticaIIIMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag2405" decimals="-3" scale="3" format="ixt:num-dot-decimal">766</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Number of shares or units held </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_UniaoVopakMember" name="ugp:NumberOfSharesOrUnitsHeld" unitRef="Shares" id="Tag1948" decimals="0" format="ixt:num-dot-decimal">29,995</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_RPRMember" name="ugp:NumberOfSharesOrUnitsHeld" unitRef="Shares" id="Tag1900" decimals="0" format="ixt:num-dot-decimal">5,078,888</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_ConnectCarMember" name="ugp:NumberOfSharesOrUnitsHeld" unitRef="Shares" id="Tag167" decimals="0" format="ixt:num-dot-decimal">263,768,000</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_LatitudeLogsticaMember" name="ugp:NumberOfSharesOrUnitsHeld" unitRef="Shares" id="Tag2289" decimals="0" format="ixt:num-dot-decimal">4,383,881</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_NavegantesLogsticaMember" name="ugp:NumberOfSharesOrUnitsHeld" unitRef="Shares" id="Tag7072" decimals="0" format="ixt:num-dot-decimal">22,298,195</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_NordesteLogsticaIMember" name="ugp:NumberOfSharesOrUnitsHeld" unitRef="Shares" id="Tag2096" decimals="0" format="ixt:num-dot-decimal">681,637</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_NordesteLogsticaIIMember" name="ugp:NumberOfSharesOrUnitsHeld" unitRef="Shares" id="Tag2304" decimals="0" format="ixt:num-dot-decimal">3,933,265</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_NordesteLogsticaIIIMember" name="ugp:NumberOfSharesOrUnitsHeld" unitRef="Shares" id="Tag2366" decimals="0" format="ixt:num-dot-decimal">4,871,241</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> % of capital held </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_UniaoVopakMember" name="ifrs-full:ProportionOfOwnershipInterestInJointVenture" unitRef="Pure" id="Tag2359" decimals="2" scale="-2" format="ixt:num-dot-decimal">50</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_RPRMember" name="ifrs-full:ProportionOfOwnershipInterestInJointVenture" unitRef="Pure" id="Tag2484" decimals="2" scale="-2" format="ixt:num-dot-decimal">33</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_ConnectCarMember" name="ifrs-full:ProportionOfOwnershipInterestInJointVenture" unitRef="Pure" id="Tag1949" decimals="2" scale="-2" format="ixt:num-dot-decimal">50</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_LatitudeLogsticaMember" name="ifrs-full:ProportionOfOwnershipInterestInJointVenture" unitRef="Pure" id="Tag2088" decimals="2" scale="-2" format="ixt:num-dot-decimal">50</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_NavegantesLogsticaMember" name="ifrs-full:ProportionOfOwnershipInterestInJointVenture" unitRef="Pure" id="Tag2399" decimals="2" scale="-2" format="ixt:num-dot-decimal">33</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_NordesteLogsticaIMember" name="ifrs-full:ProportionOfOwnershipInterestInJointVenture" unitRef="Pure" id="Tag2231" decimals="2" scale="-2" format="ixt:num-dot-decimal">33</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_NordesteLogsticaIIMember" name="ifrs-full:ProportionOfOwnershipInterestInJointVenture" unitRef="Pure" id="Tag2066" decimals="2" scale="-2" format="ixt:num-dot-decimal">33</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_NordesteLogsticaIIIMember" name="ifrs-full:ProportionOfOwnershipInterestInJointVenture" unitRef="Pure" id="Tag1954" decimals="2" scale="-2" format="ixt:num-dot-decimal">33</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The percentages in the table above are rounded.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">(i) <ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote33" continuedAt="c9aa37d87-4993-4b0d-ae79-ce92142e1057">The balances presented refer to September 30, 2021, due to the completion of the sale of ConectCar on October 1, 2021, for further details see note <span>13</span>.</ix:footnote></span><ix:continuation id="c9aa37d87-4993-4b0d-ae79-ce92142e1057"><span style="font-family: 'Times New Roman';">a</span><span style="font-family: 'Times New Roman';">.<span>1</span>.</span></ix:continuation></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div>
<ix:exclude>
<div>
<div id="t_ft_W067HSA4O000000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-62</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
</ix:exclude>
</div>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<div id="t_ft_7PD8C70S0W00000000000000000000b">
<table cellpadding="0" style="height: 271px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td colspan="19" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"><br/></td>
</tr>
<tr style="height: 50px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 50px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 50px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Uni&#227;o Vopak </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 50px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 50px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> RPR </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 50px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 50px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> ConectCar </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 50px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 50px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Navegantes Log&#237;stica </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 50px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 50px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Nordeste Log&#237;stica I </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 50px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 50px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Nordeste Log&#237;stica II </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 50px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 50px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Nordeste Log&#237;stica III </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 38%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Current assets </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_UniaoVopakMember" name="ifrs-full:CurrentAssets" unitRef="BRL" id="Tag7066" decimals="-3" scale="3" format="ixt:num-dot-decimal">8,510</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_RPRMember" name="ifrs-full:CurrentAssets" unitRef="BRL" id="Tag2075" decimals="-3" scale="3" format="ixt:num-dot-decimal">291,720</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_ConnectCarMember" name="ifrs-full:CurrentAssets" unitRef="BRL" id="Tag2435" decimals="-3" scale="3" format="ixt:num-dot-decimal">161,371</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_NavegantesLogsticaMember" name="ifrs-full:CurrentAssets" unitRef="BRL" id="Tag2174" decimals="-3" scale="3" format="ixt:num-dot-decimal">24,691</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_NordesteLogsticaIMember" name="ifrs-full:CurrentAssets" unitRef="BRL" id="Tag1987" decimals="-3" scale="3" format="ixt:num-dot-decimal">972</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_NordesteLogsticaIIMember" name="ifrs-full:CurrentAssets" unitRef="BRL" id="Tag1947" decimals="-3" scale="3" format="ixt:num-dot-decimal">18,531</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_NordesteLogsticaIIIMember" name="ifrs-full:CurrentAssets" unitRef="BRL" id="Tag7045" decimals="-3" scale="3" format="ixt:num-dot-decimal">21,513</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Non-current assets </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_UniaoVopakMember" name="ifrs-full:NoncurrentAssets" unitRef="BRL" id="Tag7065" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,796</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_RPRMember" name="ifrs-full:NoncurrentAssets" unitRef="BRL" id="Tag7053" decimals="-3" scale="3" format="ixt:num-dot-decimal">171,270</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_ConnectCarMember" name="ifrs-full:NoncurrentAssets" unitRef="BRL" id="Tag2395" decimals="-3" scale="3" format="ixt:num-dot-decimal">169,843</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_NavegantesLogsticaMember" name="ifrs-full:NoncurrentAssets" unitRef="BRL" id="Tag2233" decimals="-3" scale="3" format="ixt:num-dot-decimal">166,389</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_NordesteLogsticaIMember" name="ifrs-full:NoncurrentAssets" unitRef="BRL" id="Tag2352" decimals="-3" scale="3" format="ixt:num-dot-decimal">6,021</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_NordesteLogsticaIIMember" name="ifrs-full:NoncurrentAssets" unitRef="BRL" id="Tag2458" decimals="-3" scale="3" format="ixt:num-dot-decimal">18,005</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_NordesteLogsticaIIIMember" name="ifrs-full:NoncurrentAssets" unitRef="BRL" id="Tag7041" decimals="-3" scale="3" format="ixt:num-dot-decimal">30,503</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Current liabilities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_UniaoVopakMember" name="ifrs-full:CurrentLiabilities" unitRef="BRL" id="Tag7058" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,698</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_RPRMember" name="ifrs-full:CurrentLiabilities" unitRef="BRL" id="Tag7052" decimals="-3" scale="3" format="ixt:num-dot-decimal">363,388</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_ConnectCarMember" name="ifrs-full:CurrentLiabilities" unitRef="BRL" id="Tag2210" decimals="-3" scale="3" format="ixt:num-dot-decimal">168,854</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_NavegantesLogsticaMember" name="ifrs-full:CurrentLiabilities" unitRef="BRL" id="Tag1917" decimals="-3" scale="3" format="ixt:num-dot-decimal">8</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_NordesteLogsticaIMember" name="ifrs-full:CurrentLiabilities" unitRef="BRL" id="Tag2086" decimals="-3" scale="3" format="ixt:num-dot-decimal">4</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_NordesteLogsticaIIMember" name="ifrs-full:CurrentLiabilities" unitRef="BRL" id="Tag2212" decimals="-3" scale="3" format="ixt:num-dot-decimal">5</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_NordesteLogsticaIIIMember" name="ifrs-full:CurrentLiabilities" unitRef="BRL" id="Tag2295" decimals="-3" scale="3" format="ixt:num-dot-decimal">6</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Non-current liabilities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_UniaoVopakMember" name="ifrs-full:NoncurrentLiabilities" unitRef="BRL" id="Tag7062" decimals="-3" scale="3" format="ixt:num-dot-decimal">140</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_RPRMember" name="ifrs-full:NoncurrentLiabilities" unitRef="BRL" id="Tag1941" decimals="-3" scale="3" format="ixt:num-dot-decimal">105,912</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;" class="ng-scope"><ix:nonFraction contextRef="I20201231_ConnectCarMember" name="ifrs-full:NoncurrentLiabilities" unitRef="BRL" id="Tag2369" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_NavegantesLogsticaMember" name="ifrs-full:NoncurrentLiabilities" unitRef="BRL" id="Tag2332" decimals="-3" scale="3" format="ixt:num-dot-decimal">126,201</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_NordesteLogsticaIMember" name="ifrs-full:NoncurrentLiabilities" unitRef="BRL" id="Tag1932" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,516</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_NordesteLogsticaIIMember" name="ifrs-full:NoncurrentLiabilities" unitRef="BRL" id="Tag2456" decimals="-3" scale="3" format="ixt:num-dot-decimal">13,504</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_NordesteLogsticaIIIMember" name="ifrs-full:NoncurrentLiabilities" unitRef="BRL" id="Tag2428" decimals="-3" scale="3" format="ixt:num-dot-decimal">22,877</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Equity </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_UniaoVopakMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag7061" decimals="-3" scale="3" format="ixt:num-dot-decimal">15,468</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="I20201231_RPRMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag2249" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">6,310</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_ConnectCarMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag170" decimals="-3" scale="3" format="ixt:num-dot-decimal">162,360</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_NavegantesLogsticaMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag1976" decimals="-3" scale="3" format="ixt:num-dot-decimal">64,871</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_NordesteLogsticaIMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag2028" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,473</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_NordesteLogsticaIIMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag2358" decimals="-3" scale="3" format="ixt:num-dot-decimal">23,027</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_NordesteLogsticaIIIMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag1925" decimals="-3" scale="3" format="ixt:num-dot-decimal">29,133</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net revenue from sales and services </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_UniaoVopakMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag7060" decimals="-3" scale="3" format="ixt:num-dot-decimal">15,666</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_RPRMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag2162" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,455,668</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_ConnectCarMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag2029" decimals="-3" scale="3" format="ixt:num-dot-decimal">91,096</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;" class="ng-scope"><ix:nonFraction contextRef="D20201231_NavegantesLogsticaMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag2316" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;" class="ng-scope"><ix:nonFraction contextRef="D20201231_NordesteLogsticaIMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag2099" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;" class="ng-scope"><ix:nonFraction contextRef="D20201231_NordesteLogsticaIIMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag1612" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;" class="ng-scope"><ix:nonFraction contextRef="D20201231_NordesteLogsticaIIIMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag2118" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Costs, operating expenses and income </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_UniaoVopakMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag2307" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">14,408</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_RPRMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag7048" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,531,652</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_ConnectCarMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag2423" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">134,961</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_NavegantesLogsticaMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag2473" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">3,480</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_NordesteLogsticaIMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag1933" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">4,225</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_NordesteLogsticaIIMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag1968" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,203</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_NordesteLogsticaIIIMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag2101" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,878</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 34px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net finance income and income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_UniaoVopakMember" name="ugp:NetFinancialIncomeAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag2397" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">474</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_RPRMember" name="ugp:NetFinancialIncomeAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag1613" decimals="-3" scale="3" format="ixt:num-dot-decimal">10,361</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_ConnectCarMember" name="ugp:NetFinancialIncomeAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag2453" decimals="-3" scale="3" format="ixt:num-dot-decimal">589</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_NavegantesLogsticaMember" name="ugp:NetFinancialIncomeAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag1905" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,301</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: right;" class="ng-scope"><ix:nonFraction contextRef="D20201231_NordesteLogsticaIMember" name="ugp:NetFinancialIncomeAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag2279" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: right;" class="ng-scope"><ix:nonFraction contextRef="D20201231_NordesteLogsticaIIMember" name="ugp:NetFinancialIncomeAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag1914" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: right;" class="ng-scope"><ix:nonFraction contextRef="D20201231_NordesteLogsticaIIIMember" name="ugp:NetFinancialIncomeAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag2087" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net income (loss) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_UniaoVopakMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag2246" decimals="-3" scale="3" format="ixt:num-dot-decimal">784</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_RPRMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag2186" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">65,623</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_ConnectCarMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag2433" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">43,276</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_NavegantesLogsticaMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag2375" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">4,781</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_NordesteLogsticaIMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag2462" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">4,226</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_NordesteLogsticaIIMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag2094" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,203</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_NordesteLogsticaIIIMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag2363" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,878</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Number of shares or units held </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_UniaoVopakMember" name="ugp:NumberOfSharesOrUnitsHeld" unitRef="Shares" id="Tag2329" decimals="0" format="ixt:num-dot-decimal">29,995</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_RPRMember" name="ugp:NumberOfSharesOrUnitsHeld" unitRef="Shares" id="Tag2091" decimals="0" format="ixt:num-dot-decimal">5,078,888</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_ConnectCarMember" name="ugp:NumberOfSharesOrUnitsHeld" unitRef="Shares" id="Tag2321" decimals="0" format="ixt:num-dot-decimal">248,768,000</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_NavegantesLogsticaMember" name="ugp:NumberOfSharesOrUnitsHeld" unitRef="Shares" id="Tag2470" decimals="0" format="ixt:num-dot-decimal">22,298,195</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_NordesteLogsticaIMember" name="ugp:NumberOfSharesOrUnitsHeld" unitRef="Shares" id="Tag2461" decimals="0" format="ixt:num-dot-decimal">681,637</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_NordesteLogsticaIIMember" name="ugp:NumberOfSharesOrUnitsHeld" unitRef="Shares" id="Tag112" decimals="0" format="ixt:num-dot-decimal">3,933,265</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_NordesteLogsticaIIIMember" name="ugp:NumberOfSharesOrUnitsHeld" unitRef="Shares" id="Tag2443" decimals="0" format="ixt:num-dot-decimal">4,871,241</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> % of capital held </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_UniaoVopakMember" name="ifrs-full:ProportionOfOwnershipInterestInJointVenture" unitRef="Pure" id="Tag7055" decimals="2" scale="-2" format="ixt:num-dot-decimal">50</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_RPRMember" name="ifrs-full:ProportionOfOwnershipInterestInJointVenture" unitRef="Pure" id="Tag2392" decimals="2" scale="-2" format="ixt:num-dot-decimal">33</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_ConnectCarMember" name="ifrs-full:ProportionOfOwnershipInterestInJointVenture" unitRef="Pure" id="Tag2480" decimals="2" scale="-2" format="ixt:num-dot-decimal">50</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_NavegantesLogsticaMember" name="ifrs-full:ProportionOfOwnershipInterestInJointVenture" unitRef="Pure" id="Tag2469" decimals="2" scale="-2" format="ixt:num-dot-decimal">33</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_NordesteLogsticaIMember" name="ifrs-full:ProportionOfOwnershipInterestInJointVenture" unitRef="Pure" id="Tag2319" decimals="2" scale="-2" format="ixt:num-dot-decimal">33</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_NordesteLogsticaIIMember" name="ifrs-full:ProportionOfOwnershipInterestInJointVenture" unitRef="Pure" id="Tag2167" decimals="2" scale="-2" format="ixt:num-dot-decimal">33</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_NordesteLogsticaIIIMember" name="ifrs-full:ProportionOfOwnershipInterestInJointVenture" unitRef="Pure" id="Tag2171" decimals="2" scale="-2" format="ixt:num-dot-decimal">33</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_UY22HV8RIO00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 12.75pt; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td colspan="7" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2019 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Uni&#227;o Vopak </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> RPR </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> ConectCar </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 59%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net revenue from sales and services </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 12%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_UniaoVopakMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag2198" decimals="-3" scale="3" format="ixt:num-dot-decimal">15,400</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 12%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_RPRMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag2444" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,156,432</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 12%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_ConnectCarMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag7818" decimals="-3" scale="3" format="ixt:num-dot-decimal">80,387</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Costs, operating expenses and income </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_UniaoVopakMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag2000" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">12,083</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">)</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_RPRMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag1919" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">2,130,323</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">)</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_ConnectCarMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag2326" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">136,764</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">)</td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net finance income and income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_UniaoVopakMember" name="ugp:NetFinancialIncomeAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag1950" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">577</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_RPRMember" name="ugp:NetFinancialIncomeAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag165" decimals="-3" scale="3" format="ixt:num-dot-decimal">6,237</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_ConnectCarMember" name="ugp:NetFinancialIncomeAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag2350" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,234</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net income (loss) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_UniaoVopakMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag2298" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,740</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_RPRMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag2300" decimals="-3" scale="3" format="ixt:num-dot-decimal">32,346</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_ConnectCarMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag1963" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">53,143</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">)</td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Number of shares or units held </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_UniaoVopakMember" name="ugp:NumberOfSharesOrUnitsHeld" unitRef="Shares" id="Tag2095" decimals="0" format="ixt:num-dot-decimal">29,995</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_RPRMember" name="ugp:NumberOfSharesOrUnitsHeld" unitRef="Shares" id="Tag2354" decimals="0" format="ixt:num-dot-decimal">5,078,888</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_ConnectCarMember" name="ugp:NumberOfSharesOrUnitsHeld" unitRef="Shares" id="Tag2404" decimals="0" format="ixt:num-dot-decimal">228,768,000</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> % of capital held </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_UniaoVopakMember" name="ifrs-full:ProportionOfOwnershipInterestInJointVenture" unitRef="Pure" id="Tag2325" decimals="2" scale="-2" format="ixt:num-dot-decimal">50</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_RPRMember" name="ifrs-full:ProportionOfOwnershipInterestInJointVenture" unitRef="Pure" id="Tag2097" decimals="2" scale="-2" format="ixt:num-dot-decimal">33</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_ConnectCarMember" name="ifrs-full:ProportionOfOwnershipInterestInJointVenture" unitRef="Pure" id="Tag2262" decimals="2" scale="-2" format="ixt:num-dot-decimal">50</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The percentages in the table above are rounded</span><span style="font-family: 'Times New Roman';">.</span></span></p>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div>
<ix:exclude>
<div>
<div id="t_ft_9QA5VEZK4000000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-63</span></td>
</tr>
</tbody>
</table>
</div>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
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<p style="margin: 0pt; text-align: justify;"><br/></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify; font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">a</span><span>.1 ConectCar share purchase and sale agreement&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The Company concluded the process of selling its interest in </span><span style="font-family: 'Times New Roman';">ConectCar</span><span style="font-family: 'Times New Roman';"> started on June 25, 2021. On September 30, 2021, </span><span style="font-family: 'Times New Roman';">ConectCar</span><span style="font-family: 'Times New Roman';"> was controlled by IPP and by </span><span style="font-family: 'Times New Roman';">Redecard</span><span style="font-family: 'Times New Roman';"> S.A., belonging to Ita&#250; </span><span style="font-family: 'Times New Roman';">Unibanco</span><span> Holding S.A., both with equal interests of <ix:nonFraction contextRef="D20210930_ConnectCarMember_IpirangaProdutosdePetroleoSAMember_RedecardSAMember" name="ifrs-full:ProportionOfOwnershipInterestInJointVenture" unitRef="Pure" id="Tag1928" decimals="2" scale="-2" format="ixt:num-dot-decimal">50</ix:nonFraction>%.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">On October 1, 2021, the Company announced the conclusion of the sale of its interest in </span><span style="font-family: 'Times New Roman';">ConectCar</span><span style="font-family: 'Times New Roman';"> through its subsidiary IPP to Porto Seguro S</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';">A</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';">, through its subsidiary </span><span style="font-family: 'Times New Roman';">Portoseg</span><span style="font-family: 'Times New Roman';"> SA &#8211; Credit, </span><span style="font-family: 'Times New Roman';">Financing</span><span> and Investment. The sale value of the <ix:nonFraction contextRef="D20211231_ConnectCarMember_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:ProportionOfOwnershipInterestInJointVenture" unitRef="Pure" id="Tag2267" decimals="2" scale="-2" format="ixt:num-dot-decimal">50</ix:nonFraction>% interest in the subsidiary IPP</span><span style="font-family: 'Times New Roman';">&#160;after adjustments resulting from changes in working capital and net debt position, totaled R$</span><span style="font-family: 'Times New Roman';"> </span><span><ix:nonFraction contextRef="D20211231_ConnectCarMember_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:CashFlowsFromUsedInInvestingActivitiesDiscontinuedOperations" unitRef="BRL" id="Tag7070" decimals="-6" scale="6" format="ixt:num-dot-decimal">158</ix:nonFraction> million. The disposition of investment, totaled R$ <ix:nonFraction contextRef="D20211231_ConnectCarMember" name="ugp:DecreaseThroughDispositionOfInvestmentInJointVentures" unitRef="BRL" id="Tag2158" decimals="-6" scale="6" format="ixt:num-dot-decimal">78</ix:nonFraction> million. The gain from sale of Conectcar, totaled R$ <ix:nonFraction contextRef="D20211231_ConnectCarMember" name="ifrs-full:GainsLossesOnDisposalsOfInvestments" unitRef="BRL" id="Tag111" decimals="-6" scale="6" format="ixt:num-dot-decimal">76</ix:nonFraction> million.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">b</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. Associates</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Subsidiary IPP holds an interest in </span><span style="font-family: 'Times New Roman';">Transportadora</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Sulbrasileira</span><span style="font-family: 'Times New Roman';"> de </span><span style="font-family: 'Times New Roman';">G&#225;s</span><span style="font-family: 'Times New Roman';"> S.A.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">(&#8220;TSB&#8221;)</span><span style="font-family: 'Times New Roman';">, which is primarily engaged in natural gas transportation services.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Subsidiary </span><span style="font-family: 'Times New Roman';">Oxiteno</span><span style="font-family: 'Times New Roman';"> S.A</span><span style="font-family: 'Times New Roman';">. </span><span style="font-family: 'Times New Roman';">holds an interest in </span><span style="font-family: 'Times New Roman';">Oxicap</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Ind&#250;stria</span><span style="font-family: 'Times New Roman';"> de Gases Ltda. (&#8220;</span><span style="font-family: 'Times New Roman';">Oxicap</span><span style="font-family: 'Times New Roman';">&#8221;), which is primarily engaged in the supply of nitrogen and oxygen for its shareholders in the </span><span style="font-family: 'Times New Roman';">Mau&#225;</span><span style="font-family: 'Times New Roman';"> petrochemical complex.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Due to the sale of the subsidiary, the balances were reclassified to assets of subsidiaries held for sale </span><span style="font-family: 'Times New Roman';">at</span><span style="font-family: 'Times New Roman';"> December 31, 2021, for further details see note <span>3</span>.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';"> </span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">T</span><span style="font-family: 'Times New Roman';">he subsidiary </span><span style="font-family: 'Times New Roman';">Oxiteno</span><span style="font-family: 'Times New Roman';"> S.A.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">holds an interest in </span><span style="font-family: 'Times New Roman';">Qu&#237;mica</span><span style="font-family: 'Times New Roman';"> da Bahia </span><span style="font-family: 'Times New Roman';">Ind&#250;stria</span><span style="font-family: 'Times New Roman';"> e </span><span style="font-family: 'Times New Roman';">Com&#233;rcio</span><span style="font-family: 'Times New Roman';"> S.A.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">(&#8220;</span><span style="font-family: 'Times New Roman';">Qu&#237;mica</span><span style="font-family: 'Times New Roman';"> da Bahia&#8221;)</span><span style="font-family: 'Times New Roman';">, which is primarily engaged in manufacturing, marketing</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> and processing of chemicals. The operations of </span><span style="font-family: 'Times New Roman';">Qu&#237;mica</span><span style="font-family: 'Times New Roman';"> da Bahia</span><span style="font-family: 'Times New Roman';"> are currently suspended.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">This interest is not </span><span style="font-family: 'Times New Roman';">part</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">of </span><span style="font-family: 'Times New Roman';">the </span><span style="font-family: 'Times New Roman';">Oxiteno</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">sale </span><span style="font-family: 'Times New Roman';">transaction</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Subsidiary Cia.</span><span style="font-family: 'Times New Roman';"> Ultragaz</span><span style="font-family: 'Times New Roman';"> holds an interest in </span><span style="font-family: 'Times New Roman';">Metal&#250;rgica</span><span style="font-family: 'Times New Roman';"> Plus S.A.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">(&#8220;</span><span style="font-family: 'Times New Roman';">Metalplus</span><span style="font-family: 'Times New Roman';">&#8221;)</span><span style="font-family: 'Times New Roman';">, which is primarily engaged in the manufacture and trading of LPG containers. The operations of this associate are currently suspended.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Subsidiary </span><span style="font-family: 'Times New Roman';">Cia. Ultragaz</span><span style="font-family: 'Times New Roman';"> holds an interest in </span><span style="font-family: 'Times New Roman';">Plenog&#225;s</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Distribuidora</span><span style="font-family: 'Times New Roman';"> de </span><span style="font-family: 'Times New Roman';">G&#225;s</span><span style="font-family: 'Times New Roman';"> S.A.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">(&#8220;</span><span style="font-family: 'Times New Roman';">Plenog&#225;s</span><span style="font-family: 'Times New Roman';">&#8221;)</span><span style="font-family: 'Times New Roman';">, which is primarily engaged in the marketing of LPG. The operations of this associate are currently suspended.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The</span><span style="font-family: 'Times New Roman';">se</span><span style="font-family: 'Times New Roman';"> investment</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">are</span><span style="font-family: 'Times New Roman';"> accounted for under the equity method of accounting based on</span><span style="font-family: 'Times New Roman';"> the</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';"> as of</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span>1</span></span><span style="font-family: 'Times New Roman';">, <span>202</span></span><span style="font-family: 'Times New Roman';"><span>1</span></span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<ix:exclude>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-64</span></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
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<p style="margin: 0pt; text-align: justify;"><br/></p>
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:DisclosureOfReconciliationOfSummarisedFinancialInformationOfAssociateAccountedForUsingEquityMethodToCarryingAmountOfInterestInAssociateExplanatory" id="Tag2129" escape="true">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Balances and changes in associates are as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; border-bottom: 1pt solid #000000; width: 9.91903%;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Transportadora Sulbrasileira de G&#225;s S.A. </span></p>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 1.21457%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; border-bottom: 1pt solid #000000; width: 9.81781%;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Oxicap Ind&#250;stria de Gases Ltda. </span></p>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 1.01215%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 1.21457%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; border-bottom: 1pt solid #000000; width: 9.81781%;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Qu&#237;mica da Bahia Ind&#250;stria e Com&#233;rcio S.A. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 1.01215%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 1.21457%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; border-bottom: 1pt solid #000000; width: 9.91903%;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Metal&#250;rgica Plus S.A. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 1.01215%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 1.11336%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
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<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Plenog&#225;s Distribuidora de G&#225;s S.A. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 0.910931%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 1.21457%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; border-bottom: 1pt solid #000000; width: 9.91903%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Total </span></p>
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<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2018 </span></p>
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<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20181231_TransportadoraSulbrasileiraDeGasMember" name="ifrs-full:InvestmentsInAssociatesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2431" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,689</ix:nonFraction> </span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20181231_OxicapIndustriaDeGasesMember" name="ifrs-full:InvestmentsInAssociatesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag1903" decimals="-3" scale="3" format="ixt:num-dot-decimal">15,366</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.01215%;"><br/></td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20181231_QuimicaDaBahiaIndustriaEcomercioMember" name="ifrs-full:InvestmentsInAssociatesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag7083" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,590</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.01215%;"><br/></td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20181231_MetalurgicaPlusMember" name="ifrs-full:InvestmentsInAssociatesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2323" decimals="-3" scale="3" format="ixt:num-dot-decimal">228</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.01215%;"><br/></td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.11336%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 10.0202%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20181231_PlenogasDistribuidoraDeGasMember" name="ifrs-full:InvestmentsInAssociatesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag1943" decimals="-3" scale="3" format="ixt:num-dot-decimal">465</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 0.910931%;"><br/></td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20181231_AssociatesMember" name="ifrs-full:InvestmentsInAssociatesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2376" decimals="-3" scale="3" format="ixt:num-dot-decimal">24,338</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.01215%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 28.5425%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Dividends </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_TransportadoraSulbrasileiraDeGasMember" name="ifrs-full:DividendsReceived" unitRef="BRL" id="Tag1927" decimals="-3" scale="3" format="ixt:num-dot-decimal">818</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; width: 1.01215%;">)</td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_OxicapIndustriaDeGasesMember" name="ifrs-full:DividendsReceived" unitRef="BRL" id="Tag2235" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></span></p>
</td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; width: 1.01215%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_QuimicaDaBahiaIndustriaEcomercioMember" name="ifrs-full:DividendsReceived" unitRef="BRL" id="Tag2439" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; width: 1.01215%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_MetalurgicaPlusMember" name="ifrs-full:DividendsReceived" unitRef="BRL" id="Tag1951" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; width: 1.01215%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; width: 1.11336%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; width: 10.0202%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_PlenogasDistribuidoraDeGasMember" name="ifrs-full:DividendsReceived" unitRef="BRL" id="Tag2349" decimals="-3" scale="3" format="ixt:num-dot-decimal">87</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; width: 0.910931%;">)</td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_AssociatesMember" name="ifrs-full:DividendsReceived" unitRef="BRL" id="Tag7042" decimals="-3" scale="3" format="ixt:num-dot-decimal">905</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; width: 1.01215%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 28.5425%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Share of profit (loss) of associates </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_TransportadoraSulbrasileiraDeGasMember" name="ifrs-full:ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2459" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,790</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.01215%;"><br/></td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_OxicapIndustriaDeGasesMember" name="ifrs-full:ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag1959" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.01215%;"><br/></td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_QuimicaDaBahiaIndustriaEcomercioMember" name="ifrs-full:ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2463" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">36</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.01215%;">)</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_MetalurgicaPlusMember" name="ifrs-full:ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2009" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">90</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.01215%;">)</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.11336%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 10.0202%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_PlenogasDistribuidoraDeGasMember" name="ifrs-full:ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2245" decimals="-3" scale="3" format="ixt:num-dot-decimal">85</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 0.910931%;"><br/></td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_AssociatesMember" name="ifrs-full:ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2322" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,317</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.01215%;"><br/></td>
</tr>
<tr style="height: 34px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 28.5425%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Share of profit (loss) of associates - discontinued operations </span></p>
</td>
<td style="vertical-align: bottom; height: 34px; padding: 0px; border-bottom: 1pt solid #000000; width: 9.91903%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20191231_TransportadoraSulbrasileiraDeGasMember" name="ifrs-full:ShareOfProfitLossOfDiscontinuedOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2166" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></span></p>
</td>
<td style="vertical-align: bottom; height: 34px; padding: 0px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="vertical-align: bottom; height: 34px; padding: 0px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 34px; padding: 0px; border-bottom: 1pt solid #000000; width: 9.81781%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20191231_OxicapIndustriaDeGasesMember" name="ifrs-full:ShareOfProfitLossOfDiscontinuedOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2447" decimals="-3" scale="3" format="ixt:num-dot-decimal">568</ix:nonFraction></span></p>
</td>
<td style="vertical-align: bottom; height: 34px; padding: 0px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="vertical-align: bottom; height: 34px; padding: 0px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 34px; padding: 0px; border-bottom: 1pt solid #000000; width: 9.81781%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20191231_QuimicaDaBahiaIndustriaEcomercioMember" name="ifrs-full:ShareOfProfitLossOfDiscontinuedOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2215" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></span></p>
</td>
<td style="vertical-align: bottom; height: 34px; padding: 0px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="vertical-align: bottom; height: 34px; padding: 0px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 34px; padding: 0px; border-bottom: 1pt solid #000000; width: 9.91903%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20191231_MetalurgicaPlusMember" name="ifrs-full:ShareOfProfitLossOfDiscontinuedOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag1953" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></span></p>
</td>
<td style="vertical-align: bottom; height: 34px; padding: 0px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="vertical-align: bottom; height: 34px; padding: 0px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 34px; padding: 0px; border-bottom: 1pt solid #000000; width: 10.0202%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20191231_PlenogasDistribuidoraDeGasMember" name="ifrs-full:ShareOfProfitLossOfDiscontinuedOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag1952" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></span></p>
</td>
<td style="vertical-align: bottom; height: 34px; padding: 0px; width: 0.910931%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="vertical-align: bottom; height: 34px; padding: 0px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 34px; padding: 0px; border-bottom: 1pt solid #000000; width: 9.91903%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span> <ix:nonFraction contextRef="D20191231_AssociatesMember" name="ifrs-full:ShareOfProfitLossOfDiscontinuedOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2324" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></span></p>
</td>
<td style="vertical-align: bottom; height: 34px; padding: 0px; width: 1.01215%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 28.5425%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2019 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20191231_TransportadoraSulbrasileiraDeGasMember" name="ifrs-full:InvestmentsInAssociatesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2170" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,661</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20191231_OxicapIndustriaDeGasesMember" name="ifrs-full:InvestmentsInAssociatesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2333" decimals="-3" scale="3" format="ixt:num-dot-decimal">15,934</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20191231_QuimicaDaBahiaIndustriaEcomercioMember" name="ifrs-full:InvestmentsInAssociatesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag1988" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,554</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20191231_MetalurgicaPlusMember" name="ifrs-full:InvestmentsInAssociatesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2270" decimals="-3" scale="3" format="ixt:num-dot-decimal">138</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.11336%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10.0202%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20191231_PlenogasDistribuidoraDeGasMember" name="ifrs-full:InvestmentsInAssociatesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2330" decimals="-3" scale="3" format="ixt:num-dot-decimal">463</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.910931%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20191231_AssociatesMember" name="ifrs-full:InvestmentsInAssociatesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag1918" decimals="-3" scale="3" format="ixt:num-dot-decimal">25,750</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 28.5425%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Dividends </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_TransportadoraSulbrasileiraDeGasMember" name="ifrs-full:DividendsReceived" unitRef="BRL" id="Tag2403" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,357</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20201231_OxicapIndustriaDeGasesMember" name="ifrs-full:DividendsReceived" unitRef="BRL" id="Tag1965" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20201231_QuimicaDaBahiaIndustriaEcomercioMember" name="ifrs-full:DividendsReceived" unitRef="BRL" id="Tag7067" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20201231_MetalurgicaPlusMember" name="ifrs-full:DividendsReceived" unitRef="BRL" id="Tag1977" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0202%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20201231_PlenogasDistribuidoraDeGasMember" name="ifrs-full:DividendsReceived" unitRef="BRL" id="Tag2429" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.910931%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_AssociatesMember" name="ifrs-full:DividendsReceived" unitRef="BRL" id="Tag2342" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,357</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 28.5425%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Share of profit (loss) of associates </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_TransportadoraSulbrasileiraDeGasMember" name="ifrs-full:ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2247" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,846</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20201231_OxicapIndustriaDeGasesMember" name="ifrs-full:ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2486" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_QuimicaDaBahiaIndustriaEcomercioMember" name="ifrs-full:ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2081" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">12</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_MetalurgicaPlusMember" name="ifrs-full:ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag1923" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">91</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.11336%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10.0202%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_PlenogasDistribuidoraDeGasMember" name="ifrs-full:ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag1922" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">38</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.910931%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_AssociatesMember" name="ifrs-full:ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2466" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,781</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
</tr>
<tr style="height: 34px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 28.5425%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Share of profit (loss) of associates - discontinued operations </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20201231_TransportadoraSulbrasileiraDeGasMember" name="ifrs-full:ShareOfProfitLossOfDiscontinuedOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag7046" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_OxicapIndustriaDeGasesMember" name="ifrs-full:ShareOfProfitLossOfDiscontinuedOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2452" decimals="-3" scale="3" format="ixt:num-dot-decimal">414</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20201231_QuimicaDaBahiaIndustriaEcomercioMember" name="ifrs-full:ShareOfProfitLossOfDiscontinuedOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag7101" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20201231_MetalurgicaPlusMember" name="ifrs-full:ShareOfProfitLossOfDiscontinuedOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag1924" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.11336%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 10.0202%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20201231_PlenogasDistribuidoraDeGasMember" name="ifrs-full:ShareOfProfitLossOfDiscontinuedOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2014" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 0.910931%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_AssociatesMember" name="ifrs-full:ShareOfProfitLossOfDiscontinuedOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2089" decimals="-3" scale="3" format="ixt:num-dot-decimal">414</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 28.5425%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_TransportadoraSulbrasileiraDeGasMember" name="ifrs-full:InvestmentsInAssociatesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2106" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,150</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_OxicapIndustriaDeGasesMember" name="ifrs-full:InvestmentsInAssociatesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2335" decimals="-3" scale="3" format="ixt:num-dot-decimal">16,348</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_QuimicaDaBahiaIndustriaEcomercioMember" name="ifrs-full:InvestmentsInAssociatesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2336" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,542</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_MetalurgicaPlusMember" name="ifrs-full:InvestmentsInAssociatesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2241" decimals="-3" scale="3" format="ixt:num-dot-decimal">47</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.11336%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10.0202%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_PlenogasDistribuidoraDeGasMember" name="ifrs-full:InvestmentsInAssociatesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2474" decimals="-3" scale="3" format="ixt:num-dot-decimal">501</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.910931%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_AssociatesMember" name="ifrs-full:InvestmentsInAssociatesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag1998" decimals="-3" scale="3" format="ixt:num-dot-decimal">25,588</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 28.5425%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Capital decrease </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_TransportadoraSulbrasileiraDeGasMember" name="ugp:CapitalReductionInAssociates" unitRef="BRL" id="Tag2005" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,500</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_OxicapIndustriaDeGasesMember" name="ugp:CapitalReductionInAssociates" unitRef="BRL" id="Tag2451" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_QuimicaDaBahiaIndustriaEcomercioMember" name="ugp:CapitalReductionInAssociates" unitRef="BRL" id="Tag2441" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_MetalurgicaPlusMember" name="ugp:CapitalReductionInAssociates" unitRef="BRL" id="Tag2107" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0202%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_PlenogasDistribuidoraDeGasMember" name="ugp:CapitalReductionInAssociates" unitRef="BRL" id="Tag7049" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.910931%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_AssociatesMember" name="ugp:CapitalReductionInAssociates" unitRef="BRL" id="Tag2183" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,500</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 28.5425%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Dividends </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_TransportadoraSulbrasileiraDeGasMember" name="ifrs-full:DividendsReceived" unitRef="BRL" id="Tag2481" decimals="-3" scale="3" format="ixt:num-dot-decimal">998</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_OxicapIndustriaDeGasesMember" name="ifrs-full:DividendsReceived" unitRef="BRL" id="Tag7114" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_QuimicaDaBahiaIndustriaEcomercioMember" name="ifrs-full:DividendsReceived" unitRef="BRL" id="Tag2115" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_MetalurgicaPlusMember" name="ifrs-full:DividendsReceived" unitRef="BRL" id="Tag2483" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.11336%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10.0202%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_PlenogasDistribuidoraDeGasMember" name="ifrs-full:DividendsReceived" unitRef="BRL" id="Tag2112" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.910931%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_AssociatesMember" name="ifrs-full:DividendsReceived" unitRef="BRL" id="Tag177" decimals="-3" scale="3" format="ixt:num-dot-decimal">998</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 28.5425%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Share of profit (loss) of associates </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_TransportadoraSulbrasileiraDeGasMember" name="ifrs-full:ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag1906" decimals="-3" scale="3" format="ixt:num-dot-decimal">552</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_OxicapIndustriaDeGasesMember" name="ifrs-full:ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag1944" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_QuimicaDaBahiaIndustriaEcomercioMember" name="ifrs-full:ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag7097" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">14</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_MetalurgicaPlusMember" name="ifrs-full:ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2121" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">100</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0202%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_PlenogasDistribuidoraDeGasMember" name="ifrs-full:ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2192" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">4</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.910931%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_AssociatesMember" name="ifrs-full:ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2283" decimals="-3" scale="3" format="ixt:num-dot-decimal">434</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"><br/></td>
</tr>
<tr style="height: 34px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 28.5425%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Share of profit (loss) of associates - discontinued operations </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_TransportadoraSulbrasileiraDeGasMember" name="ifrs-full:ShareOfProfitLossOfDiscontinuedOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag7098" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_OxicapIndustriaDeGasesMember" name="ifrs-full:ShareOfProfitLossOfDiscontinuedOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag1939" decimals="-3" scale="3" format="ixt:num-dot-decimal">48</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_QuimicaDaBahiaIndustriaEcomercioMember" name="ifrs-full:ShareOfProfitLossOfDiscontinuedOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag1913" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_MetalurgicaPlusMember" name="ifrs-full:ShareOfProfitLossOfDiscontinuedOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag7123" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.11336%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 10.0202%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_PlenogasDistribuidoraDeGasMember" name="ifrs-full:ShareOfProfitLossOfDiscontinuedOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2258" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 0.910931%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_AssociatesMember" name="ifrs-full:ShareOfProfitLossOfDiscontinuedOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag7095" decimals="-3" scale="3" format="ixt:num-dot-decimal">48</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.01215%;"><br/></td>
</tr>
<tr style="height: 34px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 28.5425%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Reclassification to assets held for sale </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_TransportadoraSulbrasileiraDeGasMember" name="ugp:DecreaseThroughClassifiedAsHeldForSaleInvestmentsInAssociates" unitRef="BRL" id="Tag2019" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_OxicapIndustriaDeGasesMember" name="ugp:DecreaseThroughClassifiedAsHeldForSaleInvestmentsInAssociates" unitRef="BRL" id="Tag2266" decimals="-3" scale="3" format="ixt:num-dot-decimal">16,396</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_QuimicaDaBahiaIndustriaEcomercioMember" name="ugp:DecreaseThroughClassifiedAsHeldForSaleInvestmentsInAssociates" unitRef="BRL" id="Tag2417" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_MetalurgicaPlusMember" name="ugp:DecreaseThroughClassifiedAsHeldForSaleInvestmentsInAssociates" unitRef="BRL" id="Tag2415" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.11336%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 10.0202%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_PlenogasDistribuidoraDeGasMember" name="ugp:DecreaseThroughClassifiedAsHeldForSaleInvestmentsInAssociates" unitRef="BRL" id="Tag1986" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 0.910931%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_AssociatesMember" name="ugp:DecreaseThroughClassifiedAsHeldForSaleInvestmentsInAssociates" unitRef="BRL" id="Tag1982" decimals="-3" scale="3" format="ixt:num-dot-decimal">16,396</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 28.5425%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_TransportadoraSulbrasileiraDeGasMember" name="ifrs-full:InvestmentsInAssociatesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag7056" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,204</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="I20211231_OxicapIndustriaDeGasesMember" name="ifrs-full:InvestmentsInAssociatesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2237" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_QuimicaDaBahiaIndustriaEcomercioMember" name="ifrs-full:InvestmentsInAssociatesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag1990" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,528</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="I20211231_MetalurgicaPlusMember" name="ifrs-full:InvestmentsInAssociatesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag7051" decimals="-3" scale="3" format="ixt:num-dot-decimal">53</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.11336%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; width: 10.0202%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_PlenogasDistribuidoraDeGasMember" name="ifrs-full:InvestmentsInAssociatesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag2328" decimals="-3" scale="3" format="ixt:num-dot-decimal">497</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.910931%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_AssociatesMember" name="ifrs-full:InvestmentsInAssociatesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag7084" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,176</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span></p>
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<div>
<ix:exclude>
<div>
<div>
<div id="t_ft_APVXI2SXLS00000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-65</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 0pt; text-align: right;"><span>2</span></p>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
</div>
</ix:exclude>
</div>
</div>
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:DisclosureOfSignificantInvestmentsInAssociatesExplanatory" id="Tag2067" escape="true">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The table below presents the </span><span style="font-family: 'Times New Roman';">stat</span><span style="font-family: 'Times New Roman';">e</span><span style="font-family: 'Times New Roman';">ments of financial position</span><span style="font-family: 'Times New Roman';"> and </span><span style="font-family: 'Times New Roman';">statements of profit or loss</span><span style="font-family: 'Times New Roman';"> of associates: </span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_XL8PF3M5JK00000000000000000000b">
<table cellpadding="0" style="height: 246px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td colspan="13" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"><br/></td>
</tr>
<tr style="height: 40px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Transportadora Sulbrasileira de G&#225;s S.A. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Oxicap Ind&#250;stria de Gases Ltda. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Qu&#237;mica da Bahia Ind&#250;stria e Com&#233;rcio S.A. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Metal&#250;rgica Plus S.A. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Plenog&#225;s Distribuidora de G&#225;s S.A. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 41%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Current assets </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_TransportadoraSulbrasileiraDeGasMember" name="ifrs-full:CurrentAssets" unitRef="BRL" id="Tag2208" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,685</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_OxicapIndustriaDeGasesMember" name="ifrs-full:CurrentAssets" unitRef="BRL" id="Tag2312" decimals="-3" scale="3" format="ixt:num-dot-decimal">90,156</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_QuimicaDaBahiaIndustriaEcomercioMember" name="ifrs-full:CurrentAssets" unitRef="BRL" id="Tag2334" decimals="-3" scale="3" format="ixt:num-dot-decimal">14</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_MetalurgicaPlusMember" name="ifrs-full:CurrentAssets" unitRef="BRL" id="Tag2310" decimals="-3" scale="3" format="ixt:num-dot-decimal">47</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_PlenogasDistribuidoraDeGasMember" name="ifrs-full:CurrentAssets" unitRef="BRL" id="Tag2217" decimals="-3" scale="3" format="ixt:num-dot-decimal">568</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Non-current assets </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_TransportadoraSulbrasileiraDeGasMember" name="ifrs-full:NoncurrentAssets" unitRef="BRL" id="Tag7089" decimals="-3" scale="3" format="ixt:num-dot-decimal">11,611</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_OxicapIndustriaDeGasesMember" name="ifrs-full:NoncurrentAssets" unitRef="BRL" id="Tag2303" decimals="-3" scale="3" format="ixt:num-dot-decimal">70,496</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_QuimicaDaBahiaIndustriaEcomercioMember" name="ifrs-full:NoncurrentAssets" unitRef="BRL" id="Tag2430" decimals="-3" scale="3" format="ixt:num-dot-decimal">10,151</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_MetalurgicaPlusMember" name="ifrs-full:NoncurrentAssets" unitRef="BRL" id="Tag2479" decimals="-3" scale="3" format="ixt:num-dot-decimal">126</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_PlenogasDistribuidoraDeGasMember" name="ifrs-full:NoncurrentAssets" unitRef="BRL" id="Tag2293" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,804</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Current liabilities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_TransportadoraSulbrasileiraDeGasMember" name="ifrs-full:CurrentLiabilities" unitRef="BRL" id="Tag2362" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,875</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_OxicapIndustriaDeGasesMember" name="ifrs-full:CurrentLiabilities" unitRef="BRL" id="Tag2105" decimals="-3" scale="3" format="ixt:num-dot-decimal">44,408</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="I20211231_QuimicaDaBahiaIndustriaEcomercioMember" name="ifrs-full:CurrentLiabilities" unitRef="BRL" id="Tag2022" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_MetalurgicaPlusMember" name="ifrs-full:CurrentLiabilities" unitRef="BRL" id="Tag2002" decimals="-3" scale="3" format="ixt:num-dot-decimal">28</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_PlenogasDistribuidoraDeGasMember" name="ifrs-full:CurrentLiabilities" unitRef="BRL" id="Tag7117" decimals="-3" scale="3" format="ixt:num-dot-decimal">158</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Non-current liabilities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_TransportadoraSulbrasileiraDeGasMember" name="ifrs-full:NoncurrentLiabilities" unitRef="BRL" id="Tag1969" decimals="-3" scale="3" format="ixt:num-dot-decimal">601</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_OxicapIndustriaDeGasesMember" name="ifrs-full:NoncurrentLiabilities" unitRef="BRL" id="Tag2309" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,562</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_QuimicaDaBahiaIndustriaEcomercioMember" name="ifrs-full:NoncurrentLiabilities" unitRef="BRL" id="Tag2179" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,109</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_MetalurgicaPlusMember" name="ifrs-full:NoncurrentLiabilities" unitRef="BRL" id="Tag2371" decimals="-3" scale="3" format="ixt:num-dot-decimal">303</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_PlenogasDistribuidoraDeGasMember" name="ifrs-full:NoncurrentLiabilities" unitRef="BRL" id="Tag2280" decimals="-3" scale="3" format="ixt:num-dot-decimal">724</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Equity </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_TransportadoraSulbrasileiraDeGasMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag169" decimals="-3" scale="3" format="ixt:num-dot-decimal">12,820</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_OxicapIndustriaDeGasesMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag1993" decimals="-3" scale="3" format="ixt:num-dot-decimal">108,682</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_QuimicaDaBahiaIndustriaEcomercioMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag1966" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,056</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="I20211231_MetalurgicaPlusMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag7079" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">158</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_PlenogasDistribuidoraDeGasMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag7120" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,490</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net revenue from sales and services </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_TransportadoraSulbrasileiraDeGasMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag2457" decimals="-3" scale="3" format="ixt:num-dot-decimal">15,126</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_OxicapIndustriaDeGasesMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag2360" decimals="-3" scale="3" format="ixt:num-dot-decimal">69,611</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_QuimicaDaBahiaIndustriaEcomercioMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag2093" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_MetalurgicaPlusMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag2420" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_PlenogasDistribuidoraDeGasMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag2238" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Costs, operating expenses and income </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_TransportadoraSulbrasileiraDeGasMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag2317" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">12,691</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_OxicapIndustriaDeGasesMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag2253" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">68,390</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_QuimicaDaBahiaIndustriaEcomercioMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag7086" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">28</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_MetalurgicaPlusMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag2182" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">239</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_PlenogasDistribuidoraDeGasMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag2278" decimals="-3" scale="3" format="ixt:num-dot-decimal">18</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net finance income and income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_TransportadoraSulbrasileiraDeGasMember" name="ugp:NetFinancialIncomeAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag2013" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">226</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_OxicapIndustriaDeGasesMember" name="ugp:NetFinancialIncomeAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag2211" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">904</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_QuimicaDaBahiaIndustriaEcomercioMember" name="ugp:NetFinancialIncomeAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag2010" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_MetalurgicaPlusMember" name="ugp:NetFinancialIncomeAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag2276" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">61</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_PlenogasDistribuidoraDeGasMember" name="ugp:NetFinancialIncomeAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag164" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">31</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net income (loss) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_TransportadoraSulbrasileiraDeGasMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag2104" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,209</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_OxicapIndustriaDeGasesMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag2027" decimals="-3" scale="3" format="ixt:num-dot-decimal">317</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_QuimicaDaBahiaIndustriaEcomercioMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag1983" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">28</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_MetalurgicaPlusMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag2286" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">300</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_PlenogasDistribuidoraDeGasMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag2356" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">13</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Number of shares or units held </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_TransportadoraSulbrasileiraDeGasMember" name="ugp:NumberOfSharesOrUnitsHeld" unitRef="Shares" id="Tag2314" decimals="0" format="ixt:num-dot-decimal">20,124,996</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_OxicapIndustriaDeGasesMember" name="ugp:NumberOfSharesOrUnitsHeld" unitRef="Shares" id="Tag2218" decimals="0" format="ixt:num-dot-decimal">1,987</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_QuimicaDaBahiaIndustriaEcomercioMember" name="ugp:NumberOfSharesOrUnitsHeld" unitRef="Shares" id="Tag2364" decimals="0" format="ixt:num-dot-decimal">1,493,120</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_MetalurgicaPlusMember" name="ugp:NumberOfSharesOrUnitsHeld" unitRef="Shares" id="Tag2012" decimals="0" format="ixt:num-dot-decimal">3,000</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_PlenogasDistribuidoraDeGasMember" name="ugp:NumberOfSharesOrUnitsHeld" unitRef="Shares" id="Tag2181" decimals="0" format="ixt:num-dot-decimal">1,384,308</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> % of capital held </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_TransportadoraSulbrasileiraDeGasMember" name="ifrs-full:ProportionOfOwnershipInterestInAssociate" unitRef="Pure" id="Tag7105" decimals="2" scale="-2" format="ixt:num-dot-decimal">25</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_OxicapIndustriaDeGasesMember" name="ifrs-full:ProportionOfOwnershipInterestInAssociate" unitRef="Pure" id="Tag1929" decimals="2" scale="-2" format="ixt:num-dot-decimal">15</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_QuimicaDaBahiaIndustriaEcomercioMember" name="ifrs-full:ProportionOfOwnershipInterestInAssociate" unitRef="Pure" id="Tag7087" decimals="2" scale="-2" format="ixt:num-dot-decimal">50</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_MetalurgicaPlusMember" name="ifrs-full:ProportionOfOwnershipInterestInAssociate" unitRef="Pure" id="Tag2284" decimals="2" scale="-2" format="ixt:num-dot-decimal">33</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_PlenogasDistribuidoraDeGasMember" name="ifrs-full:ProportionOfOwnershipInterestInAssociate" unitRef="Pure" id="Tag2274" decimals="2" scale="-2" format="ixt:num-dot-decimal">33</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_9YTPS4CB6800000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 257px;" width="100%">
<tbody>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td colspan="13" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 17px;"><br/></td>
</tr>
<tr style="height: 52px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Transportadora Sulbrasileira de G&#225;s S.A. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Oxicap Ind&#250;stria de Gases Ltda. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Qu&#237;mica da Bahia Ind&#250;stria e Com&#233;rcio S.A. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Metal&#250;rgica Plus S.A. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Plenog&#225;s Distribuidora de G&#225;s S.A. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 41%; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Current assets </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_TransportadoraSulbrasileiraDeGasMember" name="ifrs-full:CurrentAssets" unitRef="BRL" id="Tag2205" decimals="-3" scale="3" format="ixt:num-dot-decimal">10,570</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_OxicapIndustriaDeGasesMember" name="ifrs-full:CurrentAssets" unitRef="BRL" id="Tag2201" decimals="-3" scale="3" format="ixt:num-dot-decimal">65,136</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_QuimicaDaBahiaIndustriaEcomercioMember" name="ifrs-full:CurrentAssets" unitRef="BRL" id="Tag2204" decimals="-3" scale="3" format="ixt:num-dot-decimal">47</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_MetalurgicaPlusMember" name="ifrs-full:CurrentAssets" unitRef="BRL" id="Tag2467" decimals="-3" scale="3" format="ixt:num-dot-decimal">58</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_PlenogasDistribuidoraDeGasMember" name="ifrs-full:CurrentAssets" unitRef="BRL" id="Tag2242" decimals="-3" scale="3" format="ixt:num-dot-decimal">352</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Non-current assets </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_TransportadoraSulbrasileiraDeGasMember" name="ifrs-full:NoncurrentAssets" unitRef="BRL" id="Tag7071" decimals="-3" scale="3" format="ixt:num-dot-decimal">12,822</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_OxicapIndustriaDeGasesMember" name="ifrs-full:NoncurrentAssets" unitRef="BRL" id="Tag2272" decimals="-3" scale="3" format="ixt:num-dot-decimal">77,339</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_QuimicaDaBahiaIndustriaEcomercioMember" name="ifrs-full:NoncurrentAssets" unitRef="BRL" id="Tag2408" decimals="-3" scale="3" format="ixt:num-dot-decimal">10,146</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_MetalurgicaPlusMember" name="ifrs-full:NoncurrentAssets" unitRef="BRL" id="Tag2114" decimals="-3" scale="3" format="ixt:num-dot-decimal">414</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_PlenogasDistribuidoraDeGasMember" name="ifrs-full:NoncurrentAssets" unitRef="BRL" id="Tag1936" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,196</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Current liabilities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_TransportadoraSulbrasileiraDeGasMember" name="ifrs-full:CurrentLiabilities" unitRef="BRL" id="Tag2203" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,189</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_OxicapIndustriaDeGasesMember" name="ifrs-full:CurrentLiabilities" unitRef="BRL" id="Tag2454" decimals="-3" scale="3" format="ixt:num-dot-decimal">26,116</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;" class="ng-scope"><ix:nonFraction contextRef="I20201231_QuimicaDaBahiaIndustriaEcomercioMember" name="ifrs-full:CurrentLiabilities" unitRef="BRL" id="Tag2412" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_MetalurgicaPlusMember" name="ifrs-full:CurrentLiabilities" unitRef="BRL" id="Tag2338" decimals="-3" scale="3" format="ixt:num-dot-decimal">28</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_PlenogasDistribuidoraDeGasMember" name="ifrs-full:CurrentLiabilities" unitRef="BRL" id="Tag2353" decimals="-3" scale="3" format="ixt:num-dot-decimal">154</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Non-current liabilities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_TransportadoraSulbrasileiraDeGasMember" name="ifrs-full:NoncurrentLiabilities" unitRef="BRL" id="Tag2173" decimals="-3" scale="3" format="ixt:num-dot-decimal">602</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_OxicapIndustriaDeGasesMember" name="ifrs-full:NoncurrentLiabilities" unitRef="BRL" id="Tag2003" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,994</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_QuimicaDaBahiaIndustriaEcomercioMember" name="ifrs-full:NoncurrentLiabilities" unitRef="BRL" id="Tag2410" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,109</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_MetalurgicaPlusMember" name="ifrs-full:NoncurrentLiabilities" unitRef="BRL" id="Tag2155" decimals="-3" scale="3" format="ixt:num-dot-decimal">302</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_PlenogasDistribuidoraDeGasMember" name="ifrs-full:NoncurrentLiabilities" unitRef="BRL" id="Tag1955" decimals="-3" scale="3" format="ixt:num-dot-decimal">890</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Equity </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_TransportadoraSulbrasileiraDeGasMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag2472" decimals="-3" scale="3" format="ixt:num-dot-decimal">20,601</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_OxicapIndustriaDeGasesMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag2269" decimals="-3" scale="3" format="ixt:num-dot-decimal">108,365</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_QuimicaDaBahiaIndustriaEcomercioMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag2257" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,084</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_MetalurgicaPlusMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag2288" decimals="-3" scale="3" format="ixt:num-dot-decimal">142</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_PlenogasDistribuidoraDeGasMember" name="ifrs-full:Equity" unitRef="BRL" id="Tag2421" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,504</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net revenue from sales and services </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_TransportadoraSulbrasileiraDeGasMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag2302" decimals="-3" scale="3" format="ixt:num-dot-decimal">14,295</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_OxicapIndustriaDeGasesMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag2281" decimals="-3" scale="3" format="ixt:num-dot-decimal">58,677</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;" class="ng-scope"><ix:nonFraction contextRef="D20201231_QuimicaDaBahiaIndustriaEcomercioMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag2001" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;" class="ng-scope"><ix:nonFraction contextRef="D20201231_MetalurgicaPlusMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag7075" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;" class="ng-scope"><ix:nonFraction contextRef="D20201231_PlenogasDistribuidoraDeGasMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag1616" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Costs, operating expenses and income </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_TransportadoraSulbrasileiraDeGasMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag2347" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">6,475</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_OxicapIndustriaDeGasesMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag2113" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">54,163</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_QuimicaDaBahiaIndustriaEcomercioMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag2406" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">24</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_MetalurgicaPlusMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag2082" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">212</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_PlenogasDistribuidoraDeGasMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag2339" decimals="-3" scale="3" format="ixt:num-dot-decimal">396</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net finance income and income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_TransportadoraSulbrasileiraDeGasMember" name="ugp:NetFinancialIncomeAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag1921" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">437</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_OxicapIndustriaDeGasesMember" name="ugp:NetFinancialIncomeAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag2268" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,770</ix:nonFraction>) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: right;" class="ng-scope"><ix:nonFraction contextRef="D20201231_QuimicaDaBahiaIndustriaEcomercioMember" name="ugp:NetFinancialIncomeAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag2426" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_MetalurgicaPlusMember" name="ugp:NetFinancialIncomeAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag2163" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">60</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_PlenogasDistribuidoraDeGasMember" name="ugp:NetFinancialIncomeAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag2346" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">39</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net income (loss) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_TransportadoraSulbrasileiraDeGasMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag2197" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,383</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_OxicapIndustriaDeGasesMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag2265" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,744</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_QuimicaDaBahiaIndustriaEcomercioMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag2255" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">24</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_MetalurgicaPlusMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag2465" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">272</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_PlenogasDistribuidoraDeGasMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag2345" decimals="-3" scale="3" format="ixt:num-dot-decimal">357</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Number of shares or units held </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_TransportadoraSulbrasileiraDeGasMember" name="ugp:NumberOfSharesOrUnitsHeld" unitRef="Shares" id="Tag2196" decimals="0" format="ixt:num-dot-decimal">20,124,996</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_OxicapIndustriaDeGasesMember" name="ugp:NumberOfSharesOrUnitsHeld" unitRef="Shares" id="Tag2378" decimals="0" format="ixt:num-dot-decimal">1,987</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_QuimicaDaBahiaIndustriaEcomercioMember" name="ugp:NumberOfSharesOrUnitsHeld" unitRef="Shares" id="Tag2243" decimals="0" format="ixt:num-dot-decimal">1,493,120</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_MetalurgicaPlusMember" name="ugp:NumberOfSharesOrUnitsHeld" unitRef="Shares" id="Tag2244" decimals="0" format="ixt:num-dot-decimal">3,000</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_PlenogasDistribuidoraDeGasMember" name="ugp:NumberOfSharesOrUnitsHeld" unitRef="Shares" id="Tag2416" decimals="0" format="ixt:num-dot-decimal">1,384,308</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> % of capital held </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_TransportadoraSulbrasileiraDeGasMember" name="ifrs-full:ProportionOfOwnershipInterestInAssociate" unitRef="Pure" id="Tag2437" decimals="2" scale="-2" format="ixt:num-dot-decimal">25</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_OxicapIndustriaDeGasesMember" name="ifrs-full:ProportionOfOwnershipInterestInAssociate" unitRef="Pure" id="Tag2263" decimals="2" scale="-2" format="ixt:num-dot-decimal">15</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_QuimicaDaBahiaIndustriaEcomercioMember" name="ifrs-full:ProportionOfOwnershipInterestInAssociate" unitRef="Pure" id="Tag7092" decimals="2" scale="-2" format="ixt:num-dot-decimal">50</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_MetalurgicaPlusMember" name="ifrs-full:ProportionOfOwnershipInterestInAssociate" unitRef="Pure" id="Tag2207" decimals="2" scale="-2" format="ixt:num-dot-decimal">33</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_PlenogasDistribuidoraDeGasMember" name="ifrs-full:ProportionOfOwnershipInterestInAssociate" unitRef="Pure" id="Tag2070" decimals="2" scale="-2" format="ixt:num-dot-decimal">33</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_R75IHFVX5C00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 164px;" width="100%">
<tbody>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td colspan="13" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2019 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"><br/></td>
</tr>
<tr style="height: 52px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Transportadora Sulbrasileira de G&#225;s S.A. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Oxicap Ind&#250;stria de Gases Ltda. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Qu&#237;mica da Bahia Ind&#250;stria e Com&#233;rcio S.A. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Metal&#250;rgica Plus S.A. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Plenog&#225;s Distribuidora de G&#225;s S.A. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 41%; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net revenue from sales and services </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_TransportadoraSulbrasileiraDeGasMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag1967" decimals="-3" scale="3" format="ixt:num-dot-decimal">12,348</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_OxicapIndustriaDeGasesMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag2190" decimals="-3" scale="3" format="ixt:num-dot-decimal">43,463</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_QuimicaDaBahiaIndustriaEcomercioMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag2100" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_MetalurgicaPlusMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag7109" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_PlenogasDistribuidoraDeGasMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag2331" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Costs, operating expenses and income </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_TransportadoraSulbrasileiraDeGasMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag2185" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">4,815</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_OxicapIndustriaDeGasesMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag2225" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">36,791</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_QuimicaDaBahiaIndustriaEcomercioMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag2199" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">84</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_MetalurgicaPlusMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag2116" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">213</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_PlenogasDistribuidoraDeGasMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag2432" decimals="-3" scale="3" format="ixt:num-dot-decimal">285</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net finance income and income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_TransportadoraSulbrasileiraDeGasMember" name="ugp:NetFinancialIncomeAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag1909" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">157</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_OxicapIndustriaDeGasesMember" name="ugp:NetFinancialIncomeAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag2282" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">2,483</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_QuimicaDaBahiaIndustriaEcomercioMember" name="ugp:NetFinancialIncomeAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag2344" decimals="-3" scale="3" format="ixt:num-dot-decimal">12</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_MetalurgicaPlusMember" name="ugp:NetFinancialIncomeAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag1942" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">57</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_PlenogasDistribuidoraDeGasMember" name="ugp:NetFinancialIncomeAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag1960" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">29</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net income (loss) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_TransportadoraSulbrasileiraDeGasMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag2229" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,376</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_OxicapIndustriaDeGasesMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag2223" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,189</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_QuimicaDaBahiaIndustriaEcomercioMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag2380" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">72</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_MetalurgicaPlusMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag1931" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">270</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_PlenogasDistribuidoraDeGasMember" name="ifrs-full:ProfitLoss" unitRef="BRL" id="Tag2213" decimals="-3" scale="3" format="ixt:num-dot-decimal">256</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Number of shares or units held </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_TransportadoraSulbrasileiraDeGasMember" name="ugp:NumberOfSharesOrUnitsHeld" unitRef="Shares" id="Tag2228" decimals="0" format="ixt:num-dot-decimal">20,124,996</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_OxicapIndustriaDeGasesMember" name="ugp:NumberOfSharesOrUnitsHeld" unitRef="Shares" id="Tag2222" decimals="0" format="ixt:num-dot-decimal">1,987</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_QuimicaDaBahiaIndustriaEcomercioMember" name="ugp:NumberOfSharesOrUnitsHeld" unitRef="Shares" id="Tag1899" decimals="0" format="ixt:num-dot-decimal">1,493,120</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_MetalurgicaPlusMember" name="ugp:NumberOfSharesOrUnitsHeld" unitRef="Shares" id="Tag2455" decimals="0" format="ixt:num-dot-decimal">3,000</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_PlenogasDistribuidoraDeGasMember" name="ugp:NumberOfSharesOrUnitsHeld" unitRef="Shares" id="Tag1981" decimals="0" format="ixt:num-dot-decimal">1,384,308</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> % of capital held </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_TransportadoraSulbrasileiraDeGasMember" name="ifrs-full:ProportionOfOwnershipInterestInAssociate" unitRef="Pure" id="Tag2227" decimals="2" scale="-2" format="ixt:num-dot-decimal">25</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_OxicapIndustriaDeGasesMember" name="ifrs-full:ProportionOfOwnershipInterestInAssociate" unitRef="Pure" id="Tag2221" decimals="2" scale="-2" format="ixt:num-dot-decimal">15</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_QuimicaDaBahiaIndustriaEcomercioMember" name="ifrs-full:ProportionOfOwnershipInterestInAssociate" unitRef="Pure" id="Tag2216" decimals="2" scale="-2" format="ixt:num-dot-decimal">50</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_MetalurgicaPlusMember" name="ifrs-full:ProportionOfOwnershipInterestInAssociate" unitRef="Pure" id="Tag2200" decimals="2" scale="-2" format="ixt:num-dot-decimal">33</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_PlenogasDistribuidoraDeGasMember" name="ifrs-full:ProportionOfOwnershipInterestInAssociate" unitRef="Pure" id="Tag2157" decimals="2" scale="-2" format="ixt:num-dot-decimal">33</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><br/></p>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The percentages in the table above are rounded.</span></p>
</div>
</ix:nonNumeric>
</div>
<div>
<p style="margin: 0pt; text-align: right;"><br/></p>
<div>
<div id="t_ft_KJKAX1ISOG00000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-66</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
</div>
</div><div id="Normadiv271" style="font-family: 'times new roman', times; font-size: 10pt;">
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)&#160;</span></div>
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:DisclosureOfLeasesExplanatory" id="Tag2751" escape="true">
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;"><span style="border-left: none; border-right: none;">14</span></span><span style="font-family: 'Times New Roman'; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-weight: bold;">Right</span><span style="font-family: 'Times New Roman'; font-weight: bold;">-of-</span><span style="font-family: 'Times New Roman'; font-weight: bold;">u</span><span style="font-family: 'Times New Roman'; font-weight: bold;">se </span><span style="font-family: 'Times New Roman'; font-weight: bold;">as</span><span style="font-family: 'Times New Roman'; font-weight: bold;">sets and </span><span style="font-family: 'Times New Roman'; font-weight: bold;">l</span><span style="font-family: 'Times New Roman'; font-weight: bold;">eases </span><span style="font-family: 'Times New Roman'; font-weight: bold;">p</span><span style="font-family: 'Times New Roman'; font-weight: bold;">ayable</span></span></p>
<p style="margin: 0pt; text-align: justify; margin-top: 10pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The Company and certain</span><span style="font-family: 'Times New Roman';">&#160;subsidiaries have real estate leases, substantially related to: (</span><span style="font-family: 'Times New Roman';">i</span><span style="font-family: 'Times New Roman';">) </span><span style="font-family: 'Times New Roman';">Ipiranga</span><span style="font-family: 'Times New Roman';">: fuel stations</span><span style="font-family: 'Times New Roman';"> and distribution center</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';">; (ii) Ultragaz: points of sale and bottling base</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';">; (i</span><span style="font-family: 'Times New Roman';">ii</span><span style="font-family: 'Times New Roman';">) </span><span style="font-family: 'Times New Roman';">Ultracargo</span><span style="font-family: 'Times New Roman';">: port areas </span><span style="font-family: 'Times New Roman';">and (</span><span style="font-family: 'Times New Roman';">i</span><span style="font-family: 'Times New Roman';">v) Company: offices</span><span style="font-family: 'Times New Roman';">. </span><span style="font-family: 'Times New Roman';">The Company and certain</span><span style="font-family: 'Times New Roman';">&#160;subsidiaries also have lease agreements relating to vehicles.&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">a. Right-of-</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">u</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">se </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">a</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ssets</span></span></p>
<div style="border-left: none; border-right: none;">
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:DisclosureOfQuantitativeInformationAboutRightofuseAssetsExplanatory" id="Tag2732" escape="true">
<div>
<div style="border-left: none; border-right: none;">
<div id="t_ft_Q84GSOJHAO00000000000000000000b">
<table cellpadding="0" style="height: 331px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px;" width="100%">
<tbody>
<tr style="height: 25px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 25px; background-color: #ffffff; width: 13.5081%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; width: 6.85484%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Weighted average useful life (years) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2020 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 25px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; border-bottom: 1pt solid #000000; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Additions and remeasurement </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 25px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Write-offs </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 25px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt; font-weight: bold;"> Transfer (i) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 25px; width: 1.27389%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Effect of foreign currency exchange rate variation </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 25px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; border-bottom: 1pt solid #000000; width: 7.96371%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Amortization </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 25px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; border-bottom: 1pt solid #000000; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Reclassification to assets held for sale (ii) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 25px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; border-bottom: 1pt solid #000000; width: 7.8629%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2021 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 25px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 13.5081%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Cost: </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.85484%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.27389%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.96371%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.8629%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 13.5081%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Real estate (iii) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; width: 6.85484%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_GrossCarryingAmountMember_RightofuseAssetsMember_RealEstatePropertyMember" name="ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" id="Tag4652" format="ixt-sec:duryear">10</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_GrossCarryingAmountMember_RightofuseAssetsMember_RealEstatePropertyMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag2702" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,254,432</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_RightofuseAssetsMember_RealEstatePropertyMember" name="ifrs-full:AdditionsToRightofuseAssets" unitRef="BRL" id="Tag2596" decimals="-3" scale="3" format="ixt:num-dot-decimal">257,787</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_RightofuseAssetsMember_RealEstatePropertyMember" name="ugp:WriteOffsOfRightOfUseAssets" unitRef="BRL" id="Tag2748" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">150,718</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_RightofuseAssetsMember_RealEstatePropertyMember" name="ugp:IncreaseDecreaseThroughTransferOfRightOfUseAsset" unitRef="BRL" id="Tag2528" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.27389%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_RightofuseAssetsMember_RealEstatePropertyMember" name="ugp:IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets" unitRef="BRL" id="Tag2592" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,295</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.96371%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_RightofuseAssetsMember_RealEstatePropertyMember" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag2641" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_RightofuseAssetsMember_RealEstatePropertyMember" name="ugp:DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets" unitRef="BRL" id="Tag2609" decimals="-3" scale="3" format="ixt:num-dot-decimal">569,323</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8629%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_GrossCarryingAmountMember_RightofuseAssetsMember_RealEstatePropertyMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag2710" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,793,473</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 13.5081%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Port area </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 6.85484%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_GrossCarryingAmountMember_RightofuseAssetsMember_PortAreaMember" name="ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" id="Tag2533" format="ixt-sec:duryear">20</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_GrossCarryingAmountMember_RightofuseAssetsMember_PortAreaMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag2653" decimals="-3" scale="3" format="ixt:num-dot-decimal">268,534</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_RightofuseAssetsMember_PortAreaMember" name="ifrs-full:AdditionsToRightofuseAssets" unitRef="BRL" id="Tag2642" decimals="-3" scale="3" format="ixt:num-dot-decimal">31,096</ix:nonFraction> (*) </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_RightofuseAssetsMember_PortAreaMember" name="ugp:WriteOffsOfRightOfUseAssets" unitRef="BRL" id="Tag2707" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_RightofuseAssetsMember_PortAreaMember" name="ugp:IncreaseDecreaseThroughTransferOfRightOfUseAsset" unitRef="BRL" id="Tag2553" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.27389%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_RightofuseAssetsMember_PortAreaMember" name="ugp:IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets" unitRef="BRL" id="Tag2734" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.96371%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_RightofuseAssetsMember_PortAreaMember" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag2708" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_RightofuseAssetsMember_PortAreaMember" name="ugp:DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets" unitRef="BRL" id="Tag2619" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8629%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_GrossCarryingAmountMember_RightofuseAssetsMember_PortAreaMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag2650" decimals="-3" scale="3" format="ixt:num-dot-decimal">299,630</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 13.5081%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Vehicles </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; width: 6.85484%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_GrossCarryingAmountMember_RightofuseAssetsMember_VehiclesMember" name="ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" id="Tag2729" format="ixt-sec:duryear">4</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_GrossCarryingAmountMember_RightofuseAssetsMember_VehiclesMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag2656" decimals="-3" scale="3" format="ixt:num-dot-decimal">139,843</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_RightofuseAssetsMember_VehiclesMember" name="ifrs-full:AdditionsToRightofuseAssets" unitRef="BRL" id="Tag7187" decimals="-3" scale="3" format="ixt:num-dot-decimal">26,589</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_RightofuseAssetsMember_VehiclesMember" name="ugp:WriteOffsOfRightOfUseAssets" unitRef="BRL" id="Tag2622" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">9,315</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_RightofuseAssetsMember_VehiclesMember" name="ugp:IncreaseDecreaseThroughTransferOfRightOfUseAsset" unitRef="BRL" id="Tag7160" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.27389%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_RightofuseAssetsMember_VehiclesMember" name="ugp:IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets" unitRef="BRL" id="Tag2742" decimals="-3" scale="3" format="ixt:num-dot-decimal">103</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.96371%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_RightofuseAssetsMember_VehiclesMember" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag2542" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_RightofuseAssetsMember_VehiclesMember" name="ugp:DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets" unitRef="BRL" id="Tag2678" decimals="-3" scale="3" format="ixt:num-dot-decimal">11,047</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8629%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_GrossCarryingAmountMember_RightofuseAssetsMember_VehiclesMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag2681" decimals="-3" scale="3" format="ixt:num-dot-decimal">146,173</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 13.5081%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Equipment </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 6.85484%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_GrossCarryingAmountMember_RightofuseAssetsMember_MachineryMember" name="ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" id="Tag7170" format="ixt-sec:duryear">6</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_GrossCarryingAmountMember_RightofuseAssetsMember_MachineryMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag7182" decimals="-3" scale="3" format="ixt:num-dot-decimal">44,936</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_RightofuseAssetsMember_MachineryMember" name="ifrs-full:AdditionsToRightofuseAssets" unitRef="BRL" id="Tag2628" decimals="-3" scale="3" format="ixt:num-dot-decimal">19,887</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_RightofuseAssetsMember_MachineryMember" name="ugp:WriteOffsOfRightOfUseAssets" unitRef="BRL" id="Tag7171" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">6,171</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_RightofuseAssetsMember_MachineryMember" name="ugp:IncreaseDecreaseThroughTransferOfRightOfUseAsset" unitRef="BRL" id="Tag5688" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.27389%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_RightofuseAssetsMember_MachineryMember" name="ugp:IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets" unitRef="BRL" id="Tag2621" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,920</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.96371%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_RightofuseAssetsMember_MachineryMember" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag7172" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_RightofuseAssetsMember_MachineryMember" name="ugp:DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets" unitRef="BRL" id="Tag2685" decimals="-3" scale="3" format="ixt:num-dot-decimal">43,832</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8629%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_GrossCarryingAmountMember_RightofuseAssetsMember_MachineryMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag2509" decimals="-3" scale="3" format="ixt:num-dot-decimal">16,740</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 13.5081%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; width: 6.85484%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_GrossCarryingAmountMember_RightofuseAssetsMember_OtherAssetsMember" name="ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" id="Tag2597" format="ixt-sec:duryear">20</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_GrossCarryingAmountMember_RightofuseAssetsMember_OtherAssetsMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag2602" decimals="-3" scale="3" format="ixt:num-dot-decimal">27,846</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_RightofuseAssetsMember_OtherAssetsMember" name="ifrs-full:AdditionsToRightofuseAssets" unitRef="BRL" id="Tag2614" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_RightofuseAssetsMember_OtherAssetsMember" name="ugp:WriteOffsOfRightOfUseAssets" unitRef="BRL" id="Tag7174" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_RightofuseAssetsMember_OtherAssetsMember" name="ugp:IncreaseDecreaseThroughTransferOfRightOfUseAsset" unitRef="BRL" id="Tag2556" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.27389%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_RightofuseAssetsMember_OtherAssetsMember" name="ugp:IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets" unitRef="BRL" id="Tag2573" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.96371%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_RightofuseAssetsMember_OtherAssetsMember" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag2746" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_RightofuseAssetsMember_OtherAssetsMember" name="ugp:DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets" unitRef="BRL" id="Tag2715" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.8629%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_GrossCarryingAmountMember_RightofuseAssetsMember_OtherAssetsMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag2730" decimals="-3" scale="3" format="ixt:num-dot-decimal">27,846</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 13.5081%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.85484%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_GrossCarryingAmountMember_RightofuseAssetsMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag7186" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,735,591</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_RightofuseAssetsMember" name="ifrs-full:AdditionsToRightofuseAssets" unitRef="BRL" id="Tag2535" decimals="-3" scale="3" format="ixt:num-dot-decimal">335,359</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_RightofuseAssetsMember" name="ugp:WriteOffsOfRightOfUseAssets" unitRef="BRL" id="Tag2664" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">166,204</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_RightofuseAssetsMember" name="ugp:IncreaseDecreaseThroughTransferOfRightOfUseAsset" unitRef="BRL" id="Tag2617" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.27389%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_RightofuseAssetsMember" name="ugp:IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets" unitRef="BRL" id="Tag2547" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,318</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.96371%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_RightofuseAssetsMember" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag5620" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_RightofuseAssetsMember" name="ugp:DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets" unitRef="BRL" id="Tag2699" decimals="-3" scale="3" format="ixt:num-dot-decimal">624,202</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8629%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_GrossCarryingAmountMember_RightofuseAssetsMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag2504" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,283,862</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 13.5081%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Accumulated amortization: </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.85484%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.27389%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.96371%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8629%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 13.5081%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Real estate </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.85484%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember_RealEstatePropertyMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag2564" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">481,975</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember_RealEstatePropertyMember" name="ifrs-full:AdditionsToRightofuseAssets" unitRef="BRL" id="Tag2612" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember_RealEstatePropertyMember" name="ugp:WriteOffsOfRightOfUseAssets" unitRef="BRL" id="Tag2492" decimals="-3" scale="3" format="ixt:num-dot-decimal">76,954</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember_RealEstatePropertyMember" name="ugp:IncreaseDecreaseThroughTransferOfRightOfUseAsset" unitRef="BRL" id="Tag2717" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.27389%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember_RealEstatePropertyMember" name="ugp:IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets" unitRef="BRL" id="Tag2713" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">530</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.96371%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember_RealEstatePropertyMember" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag7189" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">283,882</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember_RealEstatePropertyMember" name="ugp:DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets" unitRef="BRL" id="Tag2630" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">199,963</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8629%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember_RealEstatePropertyMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag2674" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">489,470</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 13.5081%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Port area </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.85484%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember_PortAreaMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag2530" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">3,962</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.06452%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember_PortAreaMember" name="ifrs-full:AdditionsToRightofuseAssets" unitRef="BRL" id="Tag2580" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember_PortAreaMember" name="ugp:WriteOffsOfRightOfUseAssets" unitRef="BRL" id="Tag7805" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember_PortAreaMember" name="ugp:IncreaseDecreaseThroughTransferOfRightOfUseAsset" unitRef="BRL" id="Tag7167" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">11,935</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.27389%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember_PortAreaMember" name="ugp:IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets" unitRef="BRL" id="Tag2570" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.96371%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember_PortAreaMember" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag2487" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">7,629</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.06452%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember_PortAreaMember" name="ugp:DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets" unitRef="BRL" id="Tag2738" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8629%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember_PortAreaMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag2728" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">23,526</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 13.5081%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Vehicles </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.85484%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember_VehiclesMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag2620" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">63,091</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember_VehiclesMember" name="ifrs-full:AdditionsToRightofuseAssets" unitRef="BRL" id="Tag2657" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember_VehiclesMember" name="ugp:WriteOffsOfRightOfUseAssets" unitRef="BRL" id="Tag2551" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,032</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember_VehiclesMember" name="ugp:IncreaseDecreaseThroughTransferOfRightOfUseAsset" unitRef="BRL" id="Tag2544" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.27389%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember_VehiclesMember" name="ugp:IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets" unitRef="BRL" id="Tag2569" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">54</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.96371%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember_VehiclesMember" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag1617" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">48,146</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember_VehiclesMember" name="ugp:DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets" unitRef="BRL" id="Tag2603" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">5,392</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8629%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember_VehiclesMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag2671" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">98,867</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 13.5081%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Equipment </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.85484%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember_MachineryMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag2695" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">19,619</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.06452%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember_MachineryMember" name="ifrs-full:AdditionsToRightofuseAssets" unitRef="BRL" id="Tag2555" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember_MachineryMember" name="ugp:WriteOffsOfRightOfUseAssets" unitRef="BRL" id="Tag2568" decimals="-3" scale="3" format="ixt:num-dot-decimal">6,483</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember_MachineryMember" name="ugp:IncreaseDecreaseThroughTransferOfRightOfUseAsset" unitRef="BRL" id="Tag2513" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.27389%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember_MachineryMember" name="ugp:IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets" unitRef="BRL" id="Tag2532" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">897</ix:nonFraction>) </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.96371%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember_MachineryMember" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag2502" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">17,637</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.06452%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember_MachineryMember" name="ugp:DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets" unitRef="BRL" id="Tag2703" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">29,836</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8629%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember_MachineryMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag2665" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,834</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 13.5081%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.85484%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember_OtherAssetsMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag5628" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">16,658</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember_OtherAssetsMember" name="ifrs-full:AdditionsToRightofuseAssets" unitRef="BRL" id="Tag2514" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember_OtherAssetsMember" name="ugp:WriteOffsOfRightOfUseAssets" unitRef="BRL" id="Tag2588" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember_OtherAssetsMember" name="ugp:IncreaseDecreaseThroughTransferOfRightOfUseAsset" unitRef="BRL" id="Tag2638" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.27389%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember_OtherAssetsMember" name="ugp:IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets" unitRef="BRL" id="Tag2496" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 7.96371%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember_OtherAssetsMember" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag2627" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">2,212</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember_OtherAssetsMember" name="ugp:DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets" unitRef="BRL" id="Tag2574" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 7.8629%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember_OtherAssetsMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag2594" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">18,870</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 13.5081%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.85484%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag2700" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">585,305</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember" name="ifrs-full:AdditionsToRightofuseAssets" unitRef="BRL" id="Tag2706" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember" name="ugp:WriteOffsOfRightOfUseAssets" unitRef="BRL" id="Tag2647" decimals="-3" scale="3" format="ixt:num-dot-decimal">90,469</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember" name="ugp:IncreaseDecreaseThroughTransferOfRightOfUseAsset" unitRef="BRL" id="Tag2648" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">11,935</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.27389%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember" name="ugp:IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets" unitRef="BRL" id="Tag5630" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,481</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 7.96371%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag2719" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">359,506</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember" name="ugp:DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets" unitRef="BRL" id="Tag2589" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">235,191</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 7.8629%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag2549" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">632,567</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 13.5081%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Impairment </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.85484%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.27389%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.96371%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8629%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 13.5081%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Real estate </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.85484%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_RealEstatePropertyMember_AccumulatedImpairmentMember_RightofuseAssetsMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag2740" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_RealEstatePropertyMember_AccumulatedImpairmentMember_RightofuseAssetsMember" name="ifrs-full:AdditionsToRightofuseAssets" unitRef="BRL" id="Tag2559" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">38,957</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_RealEstatePropertyMember_AccumulatedImpairmentMember_RightofuseAssetsMember" name="ugp:WriteOffsOfRightOfUseAssets" unitRef="BRL" id="Tag2505" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_RealEstatePropertyMember_AccumulatedImpairmentMember_RightofuseAssetsMember" name="ugp:IncreaseDecreaseThroughTransferOfRightOfUseAsset" unitRef="BRL" id="Tag2560" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.27389%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_RealEstatePropertyMember_AccumulatedImpairmentMember_RightofuseAssetsMember" name="ugp:IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets" unitRef="BRL" id="Tag2736" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.96371%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_RealEstatePropertyMember_AccumulatedImpairmentMember_RightofuseAssetsMember" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag2599" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_RealEstatePropertyMember_AccumulatedImpairmentMember_RightofuseAssetsMember" name="ugp:DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets" unitRef="BRL" id="Tag7173" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">38,957</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.8629%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_RealEstatePropertyMember_AccumulatedImpairmentMember_RightofuseAssetsMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag2539" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 13.5081%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.85484%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_AccumulatedImpairmentMember_RightofuseAssetsMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag2666" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_AccumulatedImpairmentMember_RightofuseAssetsMember" name="ifrs-full:AdditionsToRightofuseAssets" unitRef="BRL" id="Tag2523" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">38,957</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AccumulatedImpairmentMember_RightofuseAssetsMember" name="ugp:WriteOffsOfRightOfUseAssets" unitRef="BRL" id="Tag2704" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AccumulatedImpairmentMember_RightofuseAssetsMember" name="ugp:IncreaseDecreaseThroughTransferOfRightOfUseAsset" unitRef="BRL" id="Tag5625" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.27389%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AccumulatedImpairmentMember_RightofuseAssetsMember" name="ugp:IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets" unitRef="BRL" id="Tag2688" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 7.96371%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AccumulatedImpairmentMember_RightofuseAssetsMember" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag2590" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_AccumulatedImpairmentMember_RightofuseAssetsMember" name="ugp:DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets" unitRef="BRL" id="Tag1624" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">38,957</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 7.8629%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_AccumulatedImpairmentMember_RightofuseAssetsMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag2705" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; margin: 0px; text-indent: 0px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 13.5081%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net amount </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.85484%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 2.8pt double #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_RightofuseAssetsMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag2680" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,150,286</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 2.8pt double #000000; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_RightofuseAssetsMember" name="ifrs-full:AdditionsToRightofuseAssets" unitRef="BRL" id="Tag7165" decimals="-3" scale="3" format="ixt:num-dot-decimal">296,402</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 2.8pt double #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_RightofuseAssetsMember" name="ugp:WriteOffsOfRightOfUseAssets" unitRef="BRL" id="Tag1622" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">75,735</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 2.8pt double #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_RightofuseAssetsMember" name="ugp:IncreaseDecreaseThroughTransferOfRightOfUseAsset" unitRef="BRL" id="Tag2682" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">11,935</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.27389%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 2.8pt double #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_RightofuseAssetsMember" name="ugp:IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets" unitRef="BRL" id="Tag5627" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,837</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 2.8pt double #000000; width: 7.96371%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_RightofuseAssetsMember" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag7163" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">359,506</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 2.8pt double #000000; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_RightofuseAssetsMember" name="ugp:DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets" unitRef="BRL" id="Tag1620" decimals="-3" scale="3" format="ixt:num-dot-decimal">350,054</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 2.8pt double #000000; width: 7.8629%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_RightofuseAssetsMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag4667" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,651,295</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
</tbody>
</table>
</div>
</div>
<p style="margin: 2pt 0pt 0pt 7.1pt; text-align: justify; text-indent: -7.1pt;"><br/></p>
<div>
<div id="t_ft_V6UF32O94W00000000000000000000b">
<ix:exclude>
<div>
<div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-67</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
</div>
<div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
</div>
</ix:exclude>
</div>
</div>
</div>
<div style="margin: 0px; text-indent: 0px;">
<div id="t_ft_GP6T841WJK00000000000000000000b">
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td style="width: 2%; vertical-align: top; text-align: right; padding: 15px 1px 0px;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(i)&#160;</span></td>
<td style="width: 98%; text-align: justify; padding: 15px 1px 0px;"><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote37"><span style="font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-family: 'Times New Roman';">Refers to the amortization of right-of-use assets in the subsidiary Tequimar Vila do Conde Log&#237;stica Portu&#225;ria S.A. (&#8220;Tequimar Vila do Conde&#8221;), which is being capitalized as Construction in progress,&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">starting its operation in December 2021</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">.</span></span></ix:footnote></td>
</tr>
<tr>
<td style="vertical-align: top; text-align: right; width: 2%;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(ii)</span></td>
<td style="text-align: justify; width: 98%;"><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote38"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">For further information, see Note 3.c.1.</span></ix:footnote></td>
</tr>
<tr>
<td style="vertical-align: top; text-align: right; width: 2%;" valign="top"><span style="font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">(ii</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">i</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">)</span></span></td>
<td style="text-align: justify; width: 98%;"><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote39"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Includes lease contracts as presented in Note 9.a.</span></ix:footnote></td>
</tr>
<tr>
<td style="vertical-align: top; text-align: right; width: 2%;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(*)</span></td>
<td style="text-align: justify; width: 98%;">
<p style="margin: 2pt 0pt 0pt 7.1pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; text-indent: -7.1pt;"><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote40"> Includes balances of R$&#160;<ix:nonFraction contextRef="D20211231_RightofuseAssetsMember_PortAreaMember" name="ugp:IncreaseDecreaseThroughInitialDirectCostsRightOfUseAssets" unitRef="BRL" id="Tag7185" decimals="-3" scale="3" format="ixt:num-dot-decimal">14,905</ix:nonFraction>&#160;referring to initial direct costs of right-of-use assets. </ix:footnote></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 2pt 0pt 0pt 7.1pt; text-align: justify; text-indent: -7.1pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_PUK39V1J5S00000000000000000000b">
<table cellpadding="0" style="height: 274px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px;" width="100%">
<tbody>
<tr style="height: 19px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 27.8481%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Weighted average useful life (years) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; border-bottom: 1px solid #000000; width: 7.8481%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2019 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; border-bottom: 1px solid #000000; width: 10.1266%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Additions and remeasurement </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; border-bottom: 1px solid #000000; width: 7.46835%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Write-offs </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; border-bottom: 1px solid #000000; width: 7.59494%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Effect of foreign currency exchange rate variation </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; border-bottom: 1px solid #000000; width: 8.86076%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Amortization </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 19px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; border-bottom: 1px solid #000000; width: 7.8481%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2020 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 19px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 27.8481%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Cost: </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 27.8481%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Real estate </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_GrossCarryingAmountMember_RightofuseAssetsMember_RealEstatePropertyMember" name="ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" id="Tag2493" format="ixt-sec:duryear">10</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_GrossCarryingAmountMember_RightofuseAssetsMember_RealEstatePropertyMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag2633" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,068,254</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_RightofuseAssetsMember_RealEstatePropertyMember" name="ifrs-full:AdditionsToRightofuseAssets" unitRef="BRL" id="Tag2522" decimals="-3" scale="3" format="ixt:num-dot-decimal">259,244</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_RightofuseAssetsMember_RealEstatePropertyMember" name="ugp:WriteOffsOfRightOfUseAssets" unitRef="BRL" id="Tag7183" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">78,529</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_RightofuseAssetsMember_RealEstatePropertyMember" name="ugp:IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets" unitRef="BRL" id="Tag2637" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,463</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_RightofuseAssetsMember_RealEstatePropertyMember" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag2693" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_GrossCarryingAmountMember_RightofuseAssetsMember_RealEstatePropertyMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag2545" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,254,432</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 27.8481%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Port area </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_GrossCarryingAmountMember_RightofuseAssetsMember_PortAreaMember" name="ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" id="Tag2625" format="ixt-sec:duryear">20</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_GrossCarryingAmountMember_RightofuseAssetsMember_PortAreaMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag2661" decimals="-3" scale="3" format="ixt:num-dot-decimal">68,007</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_RightofuseAssetsMember_PortAreaMember" name="ifrs-full:AdditionsToRightofuseAssets" unitRef="BRL" id="Tag7180" decimals="-3" scale="3" format="ixt:num-dot-decimal">200,527</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_RightofuseAssetsMember_PortAreaMember" name="ugp:WriteOffsOfRightOfUseAssets" unitRef="BRL" id="Tag2626" xsi:nil="true"></ix:nonFraction>-</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_RightofuseAssetsMember_PortAreaMember" name="ugp:IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets" unitRef="BRL" id="Tag2649" xsi:nil="true"></ix:nonFraction>-</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_RightofuseAssetsMember_PortAreaMember" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag2543" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_GrossCarryingAmountMember_RightofuseAssetsMember_PortAreaMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag2525" decimals="-3" scale="3" format="ixt:num-dot-decimal">268,534</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 27.8481%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Vehicles </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_GrossCarryingAmountMember_RightofuseAssetsMember_VehiclesMember" name="ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" id="Tag2500" format="ixt-sec:duryear">4</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_GrossCarryingAmountMember_RightofuseAssetsMember_VehiclesMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag1626" decimals="-3" scale="3" format="ixt:num-dot-decimal">91,868</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_RightofuseAssetsMember_VehiclesMember" name="ifrs-full:AdditionsToRightofuseAssets" unitRef="BRL" id="Tag4646" decimals="-3" scale="3" format="ixt:num-dot-decimal">55,616</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_RightofuseAssetsMember_VehiclesMember" name="ugp:WriteOffsOfRightOfUseAssets" unitRef="BRL" id="Tag2714" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">7,893</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_RightofuseAssetsMember_VehiclesMember" name="ugp:IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets" unitRef="BRL" id="Tag7190" decimals="-3" scale="3" format="ixt:num-dot-decimal">252</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_RightofuseAssetsMember_VehiclesMember" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag2667" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_GrossCarryingAmountMember_RightofuseAssetsMember_VehiclesMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag2687" decimals="-3" scale="3" format="ixt:num-dot-decimal">139,843</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 27.8481%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Equipment </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_GrossCarryingAmountMember_RightofuseAssetsMember_MachineryMember" name="ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" id="Tag5710" format="ixt-sec:duryear">6</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_GrossCarryingAmountMember_RightofuseAssetsMember_MachineryMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag2601" decimals="-3" scale="3" format="ixt:num-dot-decimal">31,822</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_RightofuseAssetsMember_MachineryMember" name="ifrs-full:AdditionsToRightofuseAssets" unitRef="BRL" id="Tag2651" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,833</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_RightofuseAssetsMember_MachineryMember" name="ugp:WriteOffsOfRightOfUseAssets" unitRef="BRL" id="Tag2571" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">572</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_RightofuseAssetsMember_MachineryMember" name="ugp:IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets" unitRef="BRL" id="Tag2639" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,853</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_RightofuseAssetsMember_MachineryMember" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag7804" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_GrossCarryingAmountMember_RightofuseAssetsMember_MachineryMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag2689" decimals="-3" scale="3" format="ixt:num-dot-decimal">44,936</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 27.8481%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_GrossCarryingAmountMember_RightofuseAssetsMember_OtherAssetsMember" name="ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" id="Tag2519" format="ixt-sec:duryear">20</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 7.8481%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_GrossCarryingAmountMember_RightofuseAssetsMember_OtherAssetsMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag7184" decimals="-3" scale="3" format="ixt:num-dot-decimal">27,846</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 10.1266%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_RightofuseAssetsMember_OtherAssetsMember" name="ifrs-full:AdditionsToRightofuseAssets" unitRef="BRL" id="Tag2660" xsi:nil="true"></ix:nonFraction>-</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 7.46835%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_RightofuseAssetsMember_OtherAssetsMember" name="ugp:WriteOffsOfRightOfUseAssets" unitRef="BRL" id="Tag2644" xsi:nil="true"></ix:nonFraction>-</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 7.59494%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_RightofuseAssetsMember_OtherAssetsMember" name="ugp:IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets" unitRef="BRL" id="Tag2518" xsi:nil="true"></ix:nonFraction>-</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 8.86076%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_RightofuseAssetsMember_OtherAssetsMember" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag2636" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 7.8481%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_GrossCarryingAmountMember_RightofuseAssetsMember_OtherAssetsMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag2668" decimals="-3" scale="3" format="ixt:num-dot-decimal">27,846</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 27.8481%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_GrossCarryingAmountMember_RightofuseAssetsMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag2725" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,287,797</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_RightofuseAssetsMember" name="ifrs-full:AdditionsToRightofuseAssets" unitRef="BRL" id="Tag2743" decimals="-3" scale="3" format="ixt:num-dot-decimal">523,220</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_RightofuseAssetsMember" name="ugp:WriteOffsOfRightOfUseAssets" unitRef="BRL" id="Tag5666" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">86,994</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_RightofuseAssetsMember" name="ugp:IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets" unitRef="BRL" id="Tag2721" decimals="-3" scale="3" format="ixt:num-dot-decimal">11,568</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_RightofuseAssetsMember" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag2690" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_GrossCarryingAmountMember_RightofuseAssetsMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag7169" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,735,591</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 27.8481%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Accumulated amortization: </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 27.8481%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Real estate </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember_RealEstatePropertyMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag2567" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">256,430</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_RightofuseAssetsMember_AccumulatedDepreciationAndAmortisationMember_RealEstatePropertyMember" name="ifrs-full:AdditionsToRightofuseAssets" unitRef="BRL" id="Tag2488" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_RightofuseAssetsMember_AccumulatedDepreciationAndAmortisationMember_RealEstatePropertyMember" name="ugp:WriteOffsOfRightOfUseAssets" unitRef="BRL" id="Tag2507" decimals="-3" scale="3" format="ixt:num-dot-decimal">46,282</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_RightofuseAssetsMember_AccumulatedDepreciationAndAmortisationMember_RealEstatePropertyMember" name="ugp:IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets" unitRef="BRL" id="Tag2529" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">697</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_RightofuseAssetsMember_AccumulatedDepreciationAndAmortisationMember_RealEstatePropertyMember" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag2635" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">271,130</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember_RealEstatePropertyMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag2658" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">481,975</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 27.8481%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Port area </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="I20191231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember_PortAreaMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag2581" xsi:nil="true"></ix:nonFraction>-</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_RightofuseAssetsMember_AccumulatedDepreciationAndAmortisationMember_PortAreaMember" name="ifrs-full:AdditionsToRightofuseAssets" unitRef="BRL" id="Tag2643" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_RightofuseAssetsMember_AccumulatedDepreciationAndAmortisationMember_PortAreaMember" name="ugp:WriteOffsOfRightOfUseAssets" unitRef="BRL" id="Tag2654" xsi:nil="true"></ix:nonFraction>-</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_RightofuseAssetsMember_AccumulatedDepreciationAndAmortisationMember_PortAreaMember" name="ugp:IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets" unitRef="BRL" id="Tag2684" xsi:nil="true"></ix:nonFraction>-</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_RightofuseAssetsMember_AccumulatedDepreciationAndAmortisationMember_PortAreaMember" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag2694" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">3,962</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember_PortAreaMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag2538" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">3,962</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 27.8481%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Vehicles </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember_VehiclesMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag7188" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">27,492</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_RightofuseAssetsMember_AccumulatedDepreciationAndAmortisationMember_VehiclesMember" name="ifrs-full:AdditionsToRightofuseAssets" unitRef="BRL" id="Tag2598" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_RightofuseAssetsMember_AccumulatedDepreciationAndAmortisationMember_VehiclesMember" name="ugp:WriteOffsOfRightOfUseAssets" unitRef="BRL" id="Tag2675" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,509</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_RightofuseAssetsMember_AccumulatedDepreciationAndAmortisationMember_VehiclesMember" name="ugp:IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets" unitRef="BRL" id="Tag2517" decimals="-3" scale="3" format="ixt:num-dot-decimal">232</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_RightofuseAssetsMember_AccumulatedDepreciationAndAmortisationMember_VehiclesMember" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag2615" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">41,340</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember_VehiclesMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag7178" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">63,091</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 27.8481%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Equipment </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember_MachineryMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag1625" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">7,600</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_RightofuseAssetsMember_AccumulatedDepreciationAndAmortisationMember_MachineryMember" name="ifrs-full:AdditionsToRightofuseAssets" unitRef="BRL" id="Tag7161" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_RightofuseAssetsMember_AccumulatedDepreciationAndAmortisationMember_MachineryMember" name="ugp:WriteOffsOfRightOfUseAssets" unitRef="BRL" id="Tag2712" decimals="-3" scale="3" format="ixt:num-dot-decimal">572</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_RightofuseAssetsMember_AccumulatedDepreciationAndAmortisationMember_MachineryMember" name="ugp:IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets" unitRef="BRL" id="Tag2558" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,996</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_RightofuseAssetsMember_AccumulatedDepreciationAndAmortisationMember_MachineryMember" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag2495" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">10,595</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember_MachineryMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag2582" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">19,619</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 27.8481%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 7.8481%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember_OtherAssetsMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag7164" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">15,363</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.1266%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_RightofuseAssetsMember_AccumulatedDepreciationAndAmortisationMember_OtherAssetsMember" name="ifrs-full:AdditionsToRightofuseAssets" unitRef="BRL" id="Tag2512" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 7.46835%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_RightofuseAssetsMember_AccumulatedDepreciationAndAmortisationMember_OtherAssetsMember" name="ugp:WriteOffsOfRightOfUseAssets" unitRef="BRL" id="Tag2718" xsi:nil="true"></ix:nonFraction>-</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 7.59494%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span><ix:nonFraction contextRef="D20201231_RightofuseAssetsMember_AccumulatedDepreciationAndAmortisationMember_OtherAssetsMember" name="ugp:IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets" unitRef="BRL" id="Tag2491" xsi:nil="true"></ix:nonFraction>-</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 8.86076%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_RightofuseAssetsMember_AccumulatedDepreciationAndAmortisationMember_OtherAssetsMember" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag2634" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,295</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 7.8481%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember_OtherAssetsMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag2531" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">16,658</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 27.8481%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72152%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.8481%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag7176" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">306,885</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 10.1266%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_RightofuseAssetsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:AdditionsToRightofuseAssets" unitRef="BRL" id="Tag2554" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.26582%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.46835%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_RightofuseAssetsMember_AccumulatedDepreciationAndAmortisationMember" name="ugp:WriteOffsOfRightOfUseAssets" unitRef="BRL" id="Tag2731" decimals="-3" scale="3" format="ixt:num-dot-decimal">52,363</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.59494%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_RightofuseAssetsMember_AccumulatedDepreciationAndAmortisationMember" name="ugp:IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets" unitRef="BRL" id="Tag2577" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">2,461</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 8.86076%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_RightofuseAssetsMember_AccumulatedDepreciationAndAmortisationMember" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag2646" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">328,322</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.8481%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag2735" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">585,305</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 27.8481%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net amount </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72152%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 7.8481%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_RightofuseAssetsMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag2586" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,980,912</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 10.1266%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_RightofuseAssetsMember" name="ifrs-full:AdditionsToRightofuseAssets" unitRef="BRL" id="Tag2655" decimals="-3" scale="3" format="ixt:num-dot-decimal">523,220</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.26582%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 7.46835%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_RightofuseAssetsMember" name="ugp:WriteOffsOfRightOfUseAssets" unitRef="BRL" id="Tag2716" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">34,631</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 7.59494%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_RightofuseAssetsMember" name="ugp:IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets" unitRef="BRL" id="Tag2739" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,107</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 8.86076%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_RightofuseAssetsMember" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag2515" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">328,322</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 7.8481%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_RightofuseAssetsMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag2527" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,150,286</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div>
<div id="t_ft_JV9D42TOC000000000000000000000b">
<ix:exclude>
<div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-68</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
</ix:exclude>
</div>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">
<p style="margin: 0pt; text-align: justify;"><br/></p>
</div>
<div id="t_ft_9C44H22TN400000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 181px; text-indent: 0px;" width="100%">
<tbody>
<tr style="height: 10px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 22.3684%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Weighted average useful life (years) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1px solid #000000; height: 10px; width: 7.99595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Adoption IFRS 16 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 0.910931%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1px solid #000000; height: 10px; width: 8.09717%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Additions and remeasurement </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1px solid #000000; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Write-offs </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1px solid #000000; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Transfer </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1px solid #000000; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Effect of foreign currency exchange rate variation </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1px solid #000000; height: 10px; width: 7.99595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Amortization </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1px solid #000000; height: 10px; width: 7.99595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2019 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 22.3684%; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Cost: </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.89474%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.99595%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.910931%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.21457%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.09717%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01215%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.11336%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.89474%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01215%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.11336%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.89474%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.21457%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.89474%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01215%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.11336%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.99595%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01215%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.11336%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.99595%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01215%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 22.3684%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Real estate </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20191231_RightofuseAssetsMember_GrossCarryingAmountMember_RealEstatePropertyMember" name="ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" id="Tag2692" format="ixt-sec:duryear">7</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_RightofuseAssetsMember_GrossCarryingAmountMember_RealEstatePropertyMember" name="ifrs-full:AmountOfReclassificationsOrChangesInPresentation" unitRef="BRL" id="Tag2697" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,636,330</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.910931%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.09717%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_RightofuseAssetsMember_GrossCarryingAmountMember_RealEstatePropertyMember" name="ifrs-full:AdditionsToRightofuseAssets" unitRef="BRL" id="Tag2724" decimals="-3" scale="3" format="ixt:num-dot-decimal">308,622</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_RightofuseAssetsMember_GrossCarryingAmountMember_RealEstatePropertyMember" name="ugp:WriteOffsOfRightOfUseAssets" unitRef="BRL" id="Tag7177" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">55,605</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_RightofuseAssetsMember_GrossCarryingAmountMember_RealEstatePropertyMember" name="ugp:IncreaseDecreaseThroughTransferOfRightOfUseAsset" unitRef="BRL" id="Tag2579" decimals="-3" scale="3" format="ixt:num-dot-decimal">98,043</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_RightofuseAssetsMember_GrossCarryingAmountMember_RealEstatePropertyMember" name="ugp:IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets" unitRef="BRL" id="Tag2616" decimals="-3" scale="3" format="ixt:num-dot-decimal">80,930</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_RightofuseAssetsMember_GrossCarryingAmountMember_RealEstatePropertyMember" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag2520" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_GrossCarryingAmountMember_RightofuseAssetsMember_RealEstatePropertyOneMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag2572" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,068,320</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 22.3684%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-size: 10pt;"> Port area (i) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonNumeric contextRef="D20191231_RightofuseAssetsMember_GrossCarryingAmountMember_PortAreaMember" name="ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" id="Tag2623" xsi:nil="true"></ix:nonNumeric> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_RightofuseAssetsMember_GrossCarryingAmountMember_PortAreaMember" name="ifrs-full:AmountOfReclassificationsOrChangesInPresentation" unitRef="BRL" id="Tag2583" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 0.910931%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 8.09717%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_RightofuseAssetsMember_GrossCarryingAmountMember_PortAreaMember" name="ifrs-full:AdditionsToRightofuseAssets" unitRef="BRL" id="Tag2562" decimals="-3" scale="3" format="ixt:num-dot-decimal">68,007</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_RightofuseAssetsMember_GrossCarryingAmountMember_PortAreaMember" name="ugp:WriteOffsOfRightOfUseAssets" unitRef="BRL" id="Tag2722" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_RightofuseAssetsMember_GrossCarryingAmountMember_PortAreaMember" name="ugp:IncreaseDecreaseThroughTransferOfRightOfUseAsset" unitRef="BRL" id="Tag7166" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_RightofuseAssetsMember_GrossCarryingAmountMember_PortAreaMember" name="ugp:IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets" unitRef="BRL" id="Tag2677" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_RightofuseAssetsMember_GrossCarryingAmountMember_PortAreaMember" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag5623" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_GrossCarryingAmountMember_RightofuseAssetsMember_PortAreaMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag1621" decimals="-3" scale="3" format="ixt:num-dot-decimal">68,007</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 22.3684%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20191231_RightofuseAssetsMember_GrossCarryingAmountMember_OtherAssetsIncludingVehiclesAndEquipmentMember" name="ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" id="Tag2494" format="ixt-sec:duryear">4</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_RightofuseAssetsMember_GrossCarryingAmountMember_OtherAssetsIncludingVehiclesAndEquipmentMember" name="ifrs-full:AmountOfReclassificationsOrChangesInPresentation" unitRef="BRL" id="Tag2506" decimals="-3" scale="3" format="ixt:num-dot-decimal">95,097</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.910931%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 8.09717%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_RightofuseAssetsMember_GrossCarryingAmountMember_OtherAssetsIncludingVehiclesAndEquipmentMember" name="ifrs-full:AdditionsToRightofuseAssets" unitRef="BRL" id="Tag2720" decimals="-3" scale="3" format="ixt:num-dot-decimal">26,235</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_RightofuseAssetsMember_GrossCarryingAmountMember_OtherAssetsIncludingVehiclesAndEquipmentMember" name="ugp:WriteOffsOfRightOfUseAssets" unitRef="BRL" id="Tag2611" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,981</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_RightofuseAssetsMember_GrossCarryingAmountMember_OtherAssetsIncludingVehiclesAndEquipmentMember" name="ugp:IncreaseDecreaseThroughTransferOfRightOfUseAsset" unitRef="BRL" id="Tag5643" decimals="-3" scale="3" format="ixt:num-dot-decimal">27,847</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_RightofuseAssetsMember_GrossCarryingAmountMember_OtherAssetsIncludingVehiclesAndEquipmentMember" name="ugp:IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets" unitRef="BRL" id="Tag2534" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,272</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_RightofuseAssetsMember_GrossCarryingAmountMember_OtherAssetsIncludingVehiclesAndEquipmentMember" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag2663" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_GrossCarryingAmountMember_RightofuseAssetsMember_OtherAssetsIncludingVehiclesAndEquipmentMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag2696" decimals="-3" scale="3" format="ixt:num-dot-decimal">151,470</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 22.3684%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_RightofuseAssetsMember_GrossCarryingAmountMember" name="ifrs-full:AmountOfReclassificationsOrChangesInPresentation" unitRef="BRL" id="Tag2723" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,731,427</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 0.910931%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 8.09717%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_RightofuseAssetsMember_GrossCarryingAmountMember" name="ifrs-full:AdditionsToRightofuseAssets" unitRef="BRL" id="Tag1623" decimals="-3" scale="3" format="ixt:num-dot-decimal">402,864</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_RightofuseAssetsMember_GrossCarryingAmountMember" name="ugp:WriteOffsOfRightOfUseAssets" unitRef="BRL" id="Tag2737" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">57,586</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_RightofuseAssetsMember_GrossCarryingAmountMember" name="ugp:IncreaseDecreaseThroughTransferOfRightOfUseAsset" unitRef="BRL" id="Tag2604" decimals="-3" scale="3" format="ixt:num-dot-decimal">125,890</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_RightofuseAssetsMember_GrossCarryingAmountMember" name="ugp:IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets" unitRef="BRL" id="Tag2566" decimals="-3" scale="3" format="ixt:num-dot-decimal">85,202</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_RightofuseAssetsMember_GrossCarryingAmountMember" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag2521" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_GrossCarryingAmountMember_RightofuseAssetsMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag2691" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,287,797</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 22.3684%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Accumulated amortization: </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.910931%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.09717%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 22.3684%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Real estate </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_RightofuseAssetsMember_AccumulatedDepreciationAndAmortisationMember_RealEstatePropertyMember" name="ifrs-full:AmountOfReclassificationsOrChangesInPresentation" unitRef="BRL" id="Tag7191" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 0.910931%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 8.09717%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_RightofuseAssetsMember_AccumulatedDepreciationAndAmortisationMember_RealEstatePropertyMember" name="ifrs-full:AdditionsToRightofuseAssets" unitRef="BRL" id="Tag2587" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_RightofuseAssetsMember_AccumulatedDepreciationAndAmortisationMember_RealEstatePropertyMember" name="ugp:WriteOffsOfRightOfUseAssets" unitRef="BRL" id="Tag2624" decimals="-3" scale="3" format="ixt:num-dot-decimal">6,682</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_RightofuseAssetsMember_AccumulatedDepreciationAndAmortisationMember_RealEstatePropertyMember" name="ugp:IncreaseDecreaseThroughTransferOfRightOfUseAsset" unitRef="BRL" id="Tag2673" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_RightofuseAssetsMember_AccumulatedDepreciationAndAmortisationMember_RealEstatePropertyMember" name="ugp:IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets" unitRef="BRL" id="Tag7162" decimals="-3" scale="3" format="ixt:num-dot-decimal">36</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_RightofuseAssetsMember_AccumulatedDepreciationAndAmortisationMember_RealEstatePropertyMember" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag2727" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">262,750</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember_RealEstatePropertyOneMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag2683" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">256,032</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 22.3684%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_RightofuseAssetsMember_AccumulatedDepreciationAndAmortisationMember_OtherAssetsIncludingVehiclesAndEquipmentMember" name="ifrs-full:AmountOfReclassificationsOrChangesInPresentation" unitRef="BRL" id="Tag5677" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.910931%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 8.09717%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_RightofuseAssetsMember_AccumulatedDepreciationAndAmortisationMember_OtherAssetsIncludingVehiclesAndEquipmentMember" name="ifrs-full:AdditionsToRightofuseAssets" unitRef="BRL" id="Tag2610" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_RightofuseAssetsMember_AccumulatedDepreciationAndAmortisationMember_OtherAssetsIncludingVehiclesAndEquipmentMember" name="ugp:WriteOffsOfRightOfUseAssets" unitRef="BRL" id="Tag2499" decimals="-3" scale="3" format="ixt:num-dot-decimal">442</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_RightofuseAssetsMember_AccumulatedDepreciationAndAmortisationMember_OtherAssetsIncludingVehiclesAndEquipmentMember" name="ugp:IncreaseDecreaseThroughTransferOfRightOfUseAsset" unitRef="BRL" id="Tag1619" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">14,068</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_RightofuseAssetsMember_AccumulatedDepreciationAndAmortisationMember_OtherAssetsIncludingVehiclesAndEquipmentMember" name="ugp:IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets" unitRef="BRL" id="Tag2709" decimals="-3" scale="3" format="ixt:num-dot-decimal">81</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_RightofuseAssetsMember_AccumulatedDepreciationAndAmortisationMember_OtherAssetsIncludingVehiclesAndEquipmentMember" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag2670" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">37,308</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember_OtherAssetsIncludingVehiclesAndEquipmentMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag2698" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">50,853</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 22.3684%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_RightofuseAssetsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:AmountOfReclassificationsOrChangesInPresentation" unitRef="BRL" id="Tag2550" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 0.910931%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px; width: 8.09717%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_RightofuseAssetsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:AdditionsToRightofuseAssets" unitRef="BRL" id="Tag7159" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_RightofuseAssetsMember_AccumulatedDepreciationAndAmortisationMember" name="ugp:WriteOffsOfRightOfUseAssets" unitRef="BRL" id="Tag2676" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,124</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_RightofuseAssetsMember_AccumulatedDepreciationAndAmortisationMember" name="ugp:IncreaseDecreaseThroughTransferOfRightOfUseAsset" unitRef="BRL" id="Tag2503" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">14,068</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_RightofuseAssetsMember_AccumulatedDepreciationAndAmortisationMember" name="ugp:IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets" unitRef="BRL" id="Tag5685" decimals="-3" scale="3" format="ixt:num-dot-decimal">117</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_RightofuseAssetsMember_AccumulatedDepreciationAndAmortisationMember" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag2701" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">300,058</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag2548" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">306,885</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 22.3684%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net amount </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; height: 18px; width: 7.99595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_RightofuseAssetsMember" name="ifrs-full:AmountOfReclassificationsOrChangesInPresentation" unitRef="BRL" id="Tag2576" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,731,427</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 18px; width: 0.910931%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; height: 18px; width: 8.09717%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_RightofuseAssetsMember" name="ifrs-full:AdditionsToRightofuseAssets" unitRef="BRL" id="Tag2497" decimals="-3" scale="3" format="ixt:num-dot-decimal">402,864</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; height: 18px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_RightofuseAssetsMember" name="ugp:WriteOffsOfRightOfUseAssets" unitRef="BRL" id="Tag2652" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">50,462</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.01215%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; height: 18px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_RightofuseAssetsMember" name="ugp:IncreaseDecreaseThroughTransferOfRightOfUseAsset" unitRef="BRL" id="Tag2745" decimals="-3" scale="3" format="ixt:num-dot-decimal">111,822</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; height: 18px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_RightofuseAssetsMember" name="ugp:IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets" unitRef="BRL" id="Tag2606" decimals="-3" scale="3" format="ixt:num-dot-decimal">85,319</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; height: 18px; width: 7.99595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_RightofuseAssetsMember" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag2524" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">300,058</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.01215%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; height: 18px; width: 7.99595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_RightofuseAssetsMember" name="ifrs-full:RightofuseAssets" unitRef="BRL" id="Tag2686" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,980,912</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">(</span><span style="font-family: 'Times New Roman';">i</span><span style="font-family: 'Times New Roman';">) <ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote41" continuedAt="cdd7f4d34-0cdf-4ebf-ab57-9f0da2e76b71">Refers to the area port lease, which R$ </ix:footnote><ix:nonFraction contextRef="D20191231_RightofuseAssetsMember_PortAreaMember_SubsidiariesMember" name="ifrs-full:AdditionsToRightofuseAssets" unitRef="BRL" id="Tag2747" decimals="-3" scale="3" format="ixt:num-dot-decimal">68,007</ix:nonFraction><ix:continuation id="cdd7f4d34-0cdf-4ebf-ab57-9f0da2e76b71"> was paid by the Company&#8217;s subsidiaries in the fourth quarter of <span style="border-left: none; border-right: none;">2019</span>.</ix:continuation></span></span></p>
</div>
</ix:nonNumeric>
</div>
</div>
<div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;</span></p>
<div>
<div id="t_ft_L9BM8HIKI800000000000000000000b">
<ix:exclude>
<div>
<div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-69</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
</div>
<div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
</div>
</ix:exclude>
</div>
</div>
</div>
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">b. Lease</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">s</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"> </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">p</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ayable</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:DisclosureOfAdditionalInformationAboutLeasingActivitiesForLesseeExplanatory" id="Tag2733" escape="true">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The changes in leases </span><span style="font-family: 'Times New Roman';">payable </span><span style="font-family: 'Times New Roman';">are shown below:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_VRUHNTVL3K00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 396px; text-indent: 0px;" width="100%">
<tbody>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 87%; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2018 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20181231" name="ifrs-full:LeaseLiabilities" unitRef="BRL" id="Tag2608" decimals="-3" scale="3" format="ixt:num-dot-decimal">46,066</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.49701%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Adoption IFRS 16 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_LeaseLiabilitiesMember_IFRS16Member" name="ifrs-full:AmountOfReclassificationsOrChangesInPresentation" unitRef="BRL" id="Tag2645" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,363,803</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Interest accrued </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ifrs-full:InterestExpenseOnLeaseLiabilities" unitRef="BRL" id="Tag7803" decimals="-3" scale="3" format="ixt:num-dot-decimal">128,996</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Payments </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231" name="ifrs-full:CashOutflowForLeases" unitRef="BRL" id="Tag2540" decimals="-3" scale="3" format="ixt:num-dot-decimal">321,716</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Additions and remeasurement </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ugp:AdditionsAndRemeasurementOfLeaseLiability" unitRef="BRL" id="Tag2591" decimals="-3" scale="3" format="ixt:num-dot-decimal">334,857</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Write-offs </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231" name="ugp:WriteOffsOfLeaseLiabilities" unitRef="BRL" id="Tag2561" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">52,129</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Effect of foreign currency exchange rate variation </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px; margin: 0px; text-indent: 0px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ugp:IncreaseDecreaseThroughNetExchangeDifferencesLeaseLiabilities" unitRef="BRL" id="Tag5639" decimals="-3" scale="3" format="ixt:num-dot-decimal">88,796</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2019 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231" name="ifrs-full:LeaseLiabilities" unitRef="BRL" id="Tag2679" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,588,673</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Interest accrued </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:InterestExpenseOnLeaseLiabilities" unitRef="BRL" id="Tag2552" decimals="-3" scale="3" format="ixt:num-dot-decimal">144,655</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Payments </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:CashOutflowForLeases" unitRef="BRL" id="Tag2744" decimals="-3" scale="3" format="ixt:num-dot-decimal">360,787</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Additions and remeasurement </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ugp:AdditionsAndRemeasurementOfLeaseLiability" unitRef="BRL" id="Tag2489" decimals="-3" scale="3" format="ixt:num-dot-decimal">484,121</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Write-offs </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_3" name="ugp:WriteOffsOfLeaseLiabilities" unitRef="BRL" id="Tag2490" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">35,381</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Effect of foreign currency exchange rate variation </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ugp:IncreaseDecreaseThroughNetExchangeDifferencesLeaseLiabilities" unitRef="BRL" id="Tag2711" decimals="-3" scale="3" format="ixt:num-dot-decimal">12,007</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Assignment of contract </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px; margin: 0px; text-indent: 0px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><ix:nonFraction contextRef="D20201231_3" name="ugp:IncreaseDecreaseThroughAssignmentOfContractLeaseLiabilities" unitRef="BRL" id="Tag7175" xsi:nil="true"></ix:nonFraction> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px; margin: 0px; text-indent: 0px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ifrs-full:LeaseLiabilities" unitRef="BRL" id="Tag2537" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,833,288</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Interest accrued </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:InterestExpenseOnLeaseLiabilities" unitRef="BRL" id="Tag2659" decimals="-3" scale="3" format="ixt:num-dot-decimal">147,494</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom-width: 1px; width: 87%;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Payments </span><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman'; vertical-align: super;">(</span><span style="font-family: 'Times New Roman'; vertical-align: super;">i</span><span style="font-family: 'Times New Roman'; vertical-align: super;">)</span></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:CashOutflowForLeases" unitRef="BRL" id="Tag5696" decimals="-3" scale="3" format="ixt:num-dot-decimal">440,574</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 1.49701%;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Additions and remeasurement </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ugp:AdditionsAndRemeasurementOfLeaseLiability" unitRef="BRL" id="Tag2501" decimals="-3" scale="3" format="ixt:num-dot-decimal">288,711</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Write-offs </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_3" name="ugp:WriteOffsOfLeaseLiabilities" unitRef="BRL" id="Tag5668" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">83,157</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Effect of foreign currency exchange rate variation </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ugp:IncreaseDecreaseThroughNetExchangeDifferencesLeaseLiabilities" unitRef="BRL" id="Tag2640" decimals="-3" scale="3" format="ixt:num-dot-decimal">16,264</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom-width: 1px; width: 87%;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Reclassification to liabilities held for sale </span><span style="font-family: 'Times New Roman'; vertical-align: super; font-size: 8pt;">(ii)</span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_3" name="ugp:DecreaseThroughClassifiedAsHeldForSaleLeaseLiabilities" unitRef="BRL" id="Tag2662" decimals="-3" scale="3" format="ixt:num-dot-decimal">413,715</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 1.49701%;">)</td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px; margin: 0px; text-indent: 0px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ifrs-full:LeaseLiabilities" unitRef="BRL" id="Tag2563" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,348,311</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; width: 1.49701%;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ifrs-full:CurrentLeaseLiabilities" unitRef="BRL" id="Tag2516" decimals="-3" scale="3" format="ixt:num-dot-decimal">188,832</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px; width: 1.49701%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Non-current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ifrs-full:NoncurrentLeaseLiabilities" unitRef="BRL" id="Tag2585" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,159,479</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-size: 8pt;"><sup><span style="font-family: 'Times New Roman'; vertical-align: super;">(i)</span></sup></span><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote35"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Includes the amount of R$ <ix:nonFraction contextRef="D20211231_TequimarVilaDoCondeMember" name="ifrs-full:CashOutflowForLeases" unitRef="BRL" id="Tag2629" decimals="-3" scale="3" format="ixt:num-dot-decimal">29,237</ix:nonFraction> paid by subsidiary Tequimar Vila do Conde related to port concession grants.</span></ix:footnote></span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; vertical-align: super; font-size: 8pt;">(ii)</span><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote36"><span style="font-family: 'Times New Roman';"> For further information. see Note 3.c.1.</span></ix:footnote></span></p>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsExplanatory" id="Tag2750" escape="true">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The future disbursements (installments) assumed under </span><span style="font-family: 'Times New Roman';">leases</span><span style="font-family: 'Times New Roman';"> contracts are presented below:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_011B9S3RLC00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 12.75pt; background-color: #ffffff;">
<td colspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom-width: 1px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; border-bottom: 1px solid #000000; background-color: #ffffff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom-width: 1px;"><br/></td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 87%; border-bottom-width: 1px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Up to 1 year </span></p>
</td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%; border-bottom-width: 1px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_NotLaterThanOneYearMember" name="ugp:UndiscountedOperatingLeasePaymentsToBePaid" unitRef="BRL" id="Tag2726" decimals="-3" scale="3" format="ixt:num-dot-decimal">304,007</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; width: 1%; border-bottom-width: 1px;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom-width: 1px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> From 1 to 2 years </span></p>
</td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_LaterThanOneYearAndNotLaterThanTwoYearsMember" name="ugp:UndiscountedOperatingLeasePaymentsToBePaid" unitRef="BRL" id="Tag2669" decimals="-3" scale="3" format="ixt:num-dot-decimal">264,224</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px;"><br/></td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> From 2 to 3 years </span></p>
</td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" name="ugp:UndiscountedOperatingLeasePaymentsToBePaid" unitRef="BRL" id="Tag2526" decimals="-3" scale="3" format="ixt:num-dot-decimal">241,323</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom-width: 1px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> From 3 to 4 years </span></p>
</td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_LaterThanThreeYearsAndNotLaterThanFourYearsMember" name="ugp:UndiscountedOperatingLeasePaymentsToBePaid" unitRef="BRL" id="Tag2498" decimals="-3" scale="3" format="ixt:num-dot-decimal">218,157</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px;"><br/></td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> From 4 to 5 years </span></p>
</td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_LaterThanFourYearsAndNotLaterThanFiveYearsMember" name="ugp:UndiscountedOperatingLeasePaymentsToBePaid" unitRef="BRL" id="Tag2741" decimals="-3" scale="3" format="ixt:num-dot-decimal">152,671</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom-width: 1px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> More than 5 years </span></p>
</td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_LaterThanFiveYearsMember" name="ugp:UndiscountedOperatingLeasePaymentsToBePaid" unitRef="BRL" id="Tag2605" decimals="-3" scale="3" format="ixt:num-dot-decimal">965,220</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;"><br/></td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total </span></p>
</td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:UndiscountedOperatingLeasePaymentsToBePaid" unitRef="BRL" id="Tag7179" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,145,602</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The contracts related to the </span><span style="font-family: 'Times New Roman';">leases</span><span style="font-family: 'Times New Roman';"> payable are substantially indexed by the IGP-M (General Market Price Index is a measure of Brazilian inflation, calculated by the </span><span style="font-family: 'Times New Roman';">Get&#250;lio</span><span style="font-family: 'Times New Roman';"> Vargas Foundation).&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div>
<ix:exclude>
<div>
<div id="t_ft_A8IJGW5XVK00000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-70</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
</ix:exclude>
</div>
<p style="font-size: 11pt; line-height: 115%; margin: 2pt 0pt 10pt; text-align: justify; margin-top: 6pt; font-style: italic; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">b.1. Discount rates&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ugp:DisclosureOfMaturityAnalysisOfWeightedAverageDiscountRatesForLeasePayableTableTextBlock" id="Tag2749" escape="true">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The weighted average discount rates for the lease contracts </span><span style="font-family: 'Times New Roman';">of the Company </span><span style="font-family: 'Times New Roman';">are</span><span style="font-family: 'Times New Roman';">:&#160;&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_JV9A1D6FZK00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 99.8338%; height: 102px;" width="100%">
<tbody>
<tr style="height: 17px;">
<td colspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Contracts for maturity date and discount rate </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Maturity date of the contracts</span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Discount rates (% p.a.) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 50%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Up to 5 years </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 49%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_NotLaterThanFiveYearsMember" name="ifrs-full:WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16" unitRef="Pure" id="Tag7181" decimals="4" scale="-2" format="ixt:num-dot-decimal">6.92</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> From 6 to 10 years </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_LaterThanFiveYearsAndNotLaterThanTenYearsMember" name="ifrs-full:WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16" unitRef="Pure" id="Tag2557" decimals="4" scale="-2" format="ixt:num-dot-decimal">7.12</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> From 11 to 15 years </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_LaterThanTenYearsAndNotLaterThanFifteenYearsMember" name="ifrs-full:WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16" unitRef="Pure" id="Tag2672" decimals="4" scale="-2" format="ixt:num-dot-decimal">7.35</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> More than 15 years </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_LaterThanFifteenYearsMember" name="ifrs-full:WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16" unitRef="Pure" id="Tag1618" decimals="4" scale="-2" format="ixt:num-dot-decimal">8.18</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</ix:nonNumeric>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">c. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Lease contracts of low amount assets&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Subsidiaries Cia. Ultragaz, </span><span style="font-family: 'Times New Roman';">Bahiana</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">I</span><span style="font-family: 'Times New Roman';">PP and</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Serma</span><span style="font-family: 'Times New Roman';"> have operating lease contracts </span><span style="font-family: 'Times New Roman';">consider as </span><span style="font-family: 'Times New Roman';">being of </span><span style="font-family: 'Times New Roman';">low value, short </span><span style="font-family: 'Times New Roman';">term</span><span style="font-family: 'Times New Roman';"> and variable payments </span><span style="font-family: 'Times New Roman';">for the use of</span><span style="font-family: 'Times New Roman';"> factory and</span><span style="font-family: 'Times New Roman';"> IT equipment</span><span style="font-family: 'Times New Roman';">&#8217;</span><span style="font-family: 'Times New Roman';">s, vehicles and real states</span><span style="font-family: 'Times New Roman';">. The subsidiaries have the option to purchase the assets </span><span style="font-family: 'Times New Roman';">referring to IT equipment </span><span style="font-family: 'Times New Roman';">at a price equal to the fair </span><span style="font-family: 'Times New Roman';">value</span><span style="font-family: 'Times New Roman';"> on the date of option, and management does not intend to exercise such option. </span><ix:nonNumeric contextRef="D20211231_3" name="ugp:DisclosureOfLeasesContractOfLowAssetValueExplanatoryTableTextBlock" id="Tag2511" escape="true" continuedAt="c605b8f8b-b0ac-4e3b-959b-35c9cd08b825"><span style="font-family: 'Times New Roman';">The future disbursements (</span><span style="font-family: 'Times New Roman';">payments</span><span style="font-family: 'Times New Roman';">), assumed </span><span style="font-family: 'Times New Roman';">as a result of</span><span style="font-family: 'Times New Roman';"> these contracts amount approximately to:</span></ix:nonNumeric></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ix:continuation id="c605b8f8b-b0ac-4e3b-959b-35c9cd08b825">
<table cellpadding="0" style="border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 22.7pt; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Up to 1 year </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Between 1 and 5 years </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"><br/></td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 58%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_NotLaterThanOneYearMember" name="ugp:UndiscountedOperatingLeasePaymentsToBePaidForContractsOfLowAmountAssets" unitRef="BRL" id="Tag2632" decimals="-3" scale="3" format="ixt:num-dot-decimal">124</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_LaterThanOneYearAndNotLaterThanFiveYearsMember" name="ugp:UndiscountedOperatingLeasePaymentsToBePaidForContractsOfLowAmountAssets" unitRef="BRL" id="Tag5697" decimals="-3" scale="3" format="ixt:num-dot-decimal">994</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:UndiscountedOperatingLeasePaymentsToBePaidForContractsOfLowAmountAssets" unitRef="BRL" id="Tag2508" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,118</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 1%; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_NotLaterThanOneYearMember" name="ugp:UndiscountedOperatingLeasePaymentsToBePaidForContractsOfLowAmountAssets" unitRef="BRL" id="Tag2595" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,147</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_LaterThanOneYearAndNotLaterThanFiveYearsMember" name="ugp:UndiscountedOperatingLeasePaymentsToBePaidForContractsOfLowAmountAssets" unitRef="BRL" id="Tag7192" decimals="-3" scale="3" format="ixt:num-dot-decimal">6,145</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:UndiscountedOperatingLeasePaymentsToBePaidForContractsOfLowAmountAssets" unitRef="BRL" id="Tag2541" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,292</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
</tr>
</tbody>
</table>
</ix:continuation>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The</span><span style="font-family: 'Times New Roman';"> amount of leases considered</span><span style="font-family: 'Times New Roman';">&#160;low value, short term and variable payments, recognized as </span><span style="font-family: 'Times New Roman';">an </span><span style="font-family: 'Times New Roman';">expense </span><span style="font-family: 'Times New Roman';">for the </span><span style="font-family: 'Times New Roman';">year</span><span style="font-family: 'Times New Roman';"> ended</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">2021</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">was R$ <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed" unitRef="BRL" id="Tag7168" decimals="-3" scale="3" format="ixt:num-dot-decimal">13,524</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">(R$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="D20201231_3" name="ifrs-full:ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed" unitRef="BRL" id="Tag2631" decimals="-3" scale="3" format="ixt:num-dot-decimal">13,965</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">for the </span><span style="font-family: 'Times New Roman';">year</span><span style="font-family: 'Times New Roman';"> ended</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';">, 2020</span><span style="font-family: 'Times New Roman';">&#160;and R$ <ix:nonFraction contextRef="D20191231" name="ifrs-full:ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed" unitRef="BRL" id="Tag2565" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,255</ix:nonFraction> for the year ended December 31, 2019</span><span style="font-family: 'Times New Roman';">).</span></span></p>
</div>
</ix:nonNumeric>
</div>
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div>
<div style="border-left: none; border-right: none;">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt; height: 17px;">
<tbody>
<tr style="height: 17px;">
<td class="pgno" style="padding: 0px; text-align: center; height: 17px;"><span style="font-size: 10pt;" class="pageno">F-71</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
</div>
</div><div id="Normadiv272" style="font-family: 'times new roman', times; font-size: 10pt;">
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div>
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory" id="Tag2753" escape="true">
<p style="margin: 0pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">15</span><span style="font-family: 'Times New Roman'; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-weight: bold;">Property, </span><span style="font-family: 'Times New Roman'; font-weight: bold;">p</span><span style="font-family: 'Times New Roman'; font-weight: bold;">lant, and </span><span style="font-family: 'Times New Roman'; font-weight: bold;">e</span><span style="font-family: 'Times New Roman'; font-weight: bold;">quipment</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" id="Tag2752" escape="true">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Balances and changes in </span><span style="font-family: 'Times New Roman';">PP&amp;E</span><span style="font-family: 'Times New Roman';"> are as follows:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 12pt;">&#160;</span></p>
<div id="t_ft_XMFO3SIGAO00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 298px; text-indent: 0px;" width="100%">
<tbody>
<tr style="height: 34px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 34px; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 12pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Weighted average useful life (years) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2020 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Additions </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Depreciation </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">Transfer </span><sup><span style="font-family: 'Times New Roman'; font-weight: bold; vertical-align: super;">(</span></sup><sup><span style="font-family: 'Times New Roman'; font-weight: bold; vertical-align: super;">i</span></sup><sup><span style="font-family: 'Times New Roman'; font-weight: bold; vertical-align: super;">) (ii)</span></sup></span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Write-offs and disposals </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Effect of foreign currency exchange rate variation </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">Reclassified to assets held for sale</span><sup><span style="font-family: 'Times New Roman'; font-weight: bold; vertical-align: super;">&#160;</span></sup><sup><span style="font-family: 'Times New Roman'; font-weight: bold; vertical-align: super;">(iii)</span></sup></span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2021 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Cost: </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 22%; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Land </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; width: 7%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 7%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_LandMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag7158" decimals="-3" scale="3" format="ixt:num-dot-decimal">687,108</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 7%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_LandMember_GrossCarryingAmountMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2834" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,424</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 7%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_LandMember_GrossCarryingAmountMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag2949" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 7%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_LandMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3448" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 7%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_LandMember_GrossCarryingAmountMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3121" decimals="-3" scale="3" format="ixt:num-dot-decimal">17,503</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 7%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_LandMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag2809" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,416</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 7%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_LandMember_GrossCarryingAmountMember" name="ifrs-full:DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" unitRef="BRL" id="Tag3380" decimals="-3" scale="3" format="ixt:num-dot-decimal">65,151</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 7%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_LandMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2926" decimals="-3" scale="3" format="ixt:num-dot-decimal">610,294</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Buildings </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_BuildingsMember_GrossCarryingAmountMember" name="ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" id="Tag3016" format="ixt-sec:duryear">33</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_BuildingsMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3126" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,154,710</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_BuildingsMember_GrossCarryingAmountMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2863" decimals="-3" scale="3" format="ixt:num-dot-decimal">47,920</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_BuildingsMember_GrossCarryingAmountMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3131" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_BuildingsMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag7155" decimals="-3" scale="3" format="ixt:num-dot-decimal">119,748</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_BuildingsMember_GrossCarryingAmountMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3288" decimals="-3" scale="3" format="ixt:num-dot-decimal">34,925</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_BuildingsMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag2995" decimals="-3" scale="3" format="ixt:num-dot-decimal">26,997</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_BuildingsMember_GrossCarryingAmountMember" name="ifrs-full:DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" unitRef="BRL" id="Tag3116" decimals="-3" scale="3" format="ixt:num-dot-decimal">827,729</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_BuildingsMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3451" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,486,721</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Leasehold improvements </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_LeaseholdImprovementsMember_GrossCarryingAmountMember" name="ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" id="Tag3205" format="ixt-sec:duryear">10</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_LeaseholdImprovementsMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3265" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,222,822</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_LeaseholdImprovementsMember_GrossCarryingAmountMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2950" decimals="-3" scale="3" format="ixt:num-dot-decimal">21,944</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_LeaseholdImprovementsMember_GrossCarryingAmountMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3339" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_LeaseholdImprovementsMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3057" decimals="-3" scale="3" format="ixt:num-dot-decimal">136,206</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_LeaseholdImprovementsMember_GrossCarryingAmountMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2772" decimals="-3" scale="3" format="ixt:num-dot-decimal">31,587</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_LeaseholdImprovementsMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag2895" decimals="-3" scale="3" format="ixt:num-dot-decimal">30</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_LeaseholdImprovementsMember_GrossCarryingAmountMember" name="ifrs-full:DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" unitRef="BRL" id="Tag3147" decimals="-3" scale="3" format="ixt:num-dot-decimal">293,236</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_LeaseholdImprovementsMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2931" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,056,179</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Machinery and equipment </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_MachineryMember_GrossCarryingAmountMember" name="ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" id="Tag2841" format="ixt-sec:duryear">12</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_MachineryMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3030" decimals="-3" scale="3" format="ixt:num-dot-decimal">6,498,362</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_MachineryMember_GrossCarryingAmountMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3171" decimals="-3" scale="3" format="ixt:num-dot-decimal">161,071</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_MachineryMember_GrossCarryingAmountMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3291" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_MachineryMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3093" decimals="-3" scale="3" format="ixt:num-dot-decimal">558,197</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_MachineryMember_GrossCarryingAmountMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3216" decimals="-3" scale="3" format="ixt:num-dot-decimal">13,811</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_MachineryMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag3293" decimals="-3" scale="3" format="ixt:num-dot-decimal">93,412</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_MachineryMember_GrossCarryingAmountMember" name="ifrs-full:DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" unitRef="BRL" id="Tag2948" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,272,654</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_MachineryMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3300" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,024,577</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 38px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 38px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Automotive fuel/lubricant distribution equipment and facilities </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_GrossCarryingAmountMember" name="ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" id="Tag3421" format="ixt-sec:duryear">13</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2857" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,169,320</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_GrossCarryingAmountMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3317" decimals="-3" scale="3" format="ixt:num-dot-decimal">88,112</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_GrossCarryingAmountMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3244" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3298" decimals="-3" scale="3" format="ixt:num-dot-decimal">33,794</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_GrossCarryingAmountMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3209" decimals="-3" scale="3" format="ixt:num-dot-decimal">45,640</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag2848" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_GrossCarryingAmountMember" name="ifrs-full:DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" unitRef="BRL" id="Tag2815" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2888" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,245,586</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> LPG tanks and bottles </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_LPGTanksAndBottlesMember_GrossCarryingAmountMember" name="ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" id="Tag7138" format="ixt-sec:duryear">9</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_LPGTanksAndBottlesMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3191" decimals="-3" scale="3" format="ixt:num-dot-decimal">776,479</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_LPGTanksAndBottlesMember_GrossCarryingAmountMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3044" decimals="-3" scale="3" format="ixt:num-dot-decimal">91,842</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_LPGTanksAndBottlesMember_GrossCarryingAmountMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3048" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_LPGTanksAndBottlesMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3302" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,567</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_LPGTanksAndBottlesMember_GrossCarryingAmountMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3434" decimals="-3" scale="3" format="ixt:num-dot-decimal">28,957</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_LPGTanksAndBottlesMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag3319" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_LPGTanksAndBottlesMember_GrossCarryingAmountMember" name="ifrs-full:DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" unitRef="BRL" id="Tag2946" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_LPGTanksAndBottlesMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3441" decimals="-3" scale="3" format="ixt:num-dot-decimal">840,931</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Vehicles </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_VehiclesMember_GrossCarryingAmountMember" name="ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" id="Tag2812" format="ixt-sec:duryear">8</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_VehiclesMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2824" decimals="-3" scale="3" format="ixt:num-dot-decimal">310,836</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_VehiclesMember_GrossCarryingAmountMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3031" decimals="-3" scale="3" format="ixt:num-dot-decimal">19,054</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_VehiclesMember_GrossCarryingAmountMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag2802" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_VehiclesMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3198" decimals="-3" scale="3" format="ixt:num-dot-decimal">11,634</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_VehiclesMember_GrossCarryingAmountMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3390" decimals="-3" scale="3" format="ixt:num-dot-decimal">25,949</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_VehiclesMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag7128" decimals="-3" scale="3" format="ixt:num-dot-decimal">82</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_VehiclesMember_GrossCarryingAmountMember" name="ifrs-full:DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" unitRef="BRL" id="Tag7147" decimals="-3" scale="3" format="ixt:num-dot-decimal">27,418</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_VehiclesMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2981" decimals="-3" scale="3" format="ixt:num-dot-decimal">288,239</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Furniture and utensils </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_FixturesAndFittingsMember_GrossCarryingAmountMember" name="ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" id="Tag3008" format="ixt-sec:duryear">8</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_FixturesAndFittingsMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3179" decimals="-3" scale="3" format="ixt:num-dot-decimal">316,712</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_FixturesAndFittingsMember_GrossCarryingAmountMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2932" decimals="-3" scale="3" format="ixt:num-dot-decimal">33,644</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_FixturesAndFittingsMember_GrossCarryingAmountMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag2951" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_FixturesAndFittingsMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3292" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,277</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_FixturesAndFittingsMember_GrossCarryingAmountMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3442" decimals="-3" scale="3" format="ixt:num-dot-decimal">14,614</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_FixturesAndFittingsMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag3004" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,296</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_FixturesAndFittingsMember_GrossCarryingAmountMember" name="ifrs-full:DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" unitRef="BRL" id="Tag2912" decimals="-3" scale="3" format="ixt:num-dot-decimal">171,223</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_FixturesAndFittingsMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3276" decimals="-3" scale="3" format="ixt:num-dot-decimal">168,092</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> IT equipment </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_ITEquipmentMember_GrossCarryingAmountMember" name="ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" id="Tag3294" format="ixt-sec:duryear">5</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_ITEquipmentMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3327" decimals="-3" scale="3" format="ixt:num-dot-decimal">444,844</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_ITEquipmentMember_GrossCarryingAmountMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3151" decimals="-3" scale="3" format="ixt:num-dot-decimal">28,350</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_ITEquipmentMember_GrossCarryingAmountMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3078" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_ITEquipmentMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3404" decimals="-3" scale="3" format="ixt:num-dot-decimal">901</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_ITEquipmentMember_GrossCarryingAmountMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3210" decimals="-3" scale="3" format="ixt:num-dot-decimal">11,998</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_ITEquipmentMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag3307" decimals="-3" scale="3" format="ixt:num-dot-decimal">705</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_ITEquipmentMember_GrossCarryingAmountMember" name="ifrs-full:DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" unitRef="BRL" id="Tag2806" decimals="-3" scale="3" format="ixt:num-dot-decimal">132,427</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_ITEquipmentMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3299" decimals="-3" scale="3" format="ixt:num-dot-decimal">330,375</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 22px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 22px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Construction in progress </span><sup><span style="font-family: 'Times New Roman'; vertical-align: super;">(ii)</span></sup></span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_ConstructionInProgressMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3269" decimals="-3" scale="3" format="ixt:num-dot-decimal">580,695</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_ConstructionInProgressMember_GrossCarryingAmountMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3273" decimals="-3" scale="3" format="ixt:num-dot-decimal">797,674</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_ConstructionInProgressMember_GrossCarryingAmountMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3066" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_ConstructionInProgressMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag2939" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">829,245</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_ConstructionInProgressMember_GrossCarryingAmountMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3443" decimals="-3" scale="3" format="ixt:num-dot-decimal">301</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_ConstructionInProgressMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag2820" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,290</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_ConstructionInProgressMember_GrossCarryingAmountMember" name="ifrs-full:DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" unitRef="BRL" id="Tag7144" decimals="-3" scale="3" format="ixt:num-dot-decimal">99,865</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_ConstructionInProgressMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2782" decimals="-3" scale="3" format="ixt:num-dot-decimal">452,248</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Advances to suppliers </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_AdvancesToSuppliersMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3228" decimals="-3" scale="3" format="ixt:num-dot-decimal">34,642</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_AdvancesToSuppliersMember_GrossCarryingAmountMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3338" decimals="-3" scale="3" format="ixt:num-dot-decimal">21,985</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AdvancesToSuppliersMember_GrossCarryingAmountMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag2817" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_AdvancesToSuppliersMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3267" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">18,894</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AdvancesToSuppliersMember_GrossCarryingAmountMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3111" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AdvancesToSuppliersMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag2847" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_AdvancesToSuppliersMember_GrossCarryingAmountMember" name="ifrs-full:DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" unitRef="BRL" id="Tag2911" decimals="-3" scale="3" format="ixt:num-dot-decimal">23,452</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_AdvancesToSuppliersMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2800" decimals="-3" scale="3" format="ixt:num-dot-decimal">14,281</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Imports in progress </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_ImportsInProgressMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3227" decimals="-3" scale="3" format="ixt:num-dot-decimal">866</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_ImportsInProgressMember_GrossCarryingAmountMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3279" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,312</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_ImportsInProgressMember_GrossCarryingAmountMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3424" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_ImportsInProgressMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3085" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">4,631</ix:nonFraction>) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_ImportsInProgressMember_GrossCarryingAmountMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3407" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_ImportsInProgressMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag2883" decimals="-3" scale="3" format="ixt:num-dot-decimal">38</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_ImportsInProgressMember_GrossCarryingAmountMember" name="ifrs-full:DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" unitRef="BRL" id="Tag3420" decimals="-3" scale="3" format="ixt:num-dot-decimal">404</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_ImportsInProgressMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2829" decimals="-3" scale="3" format="ixt:num-dot-decimal">181</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag7156" decimals="-3" scale="3" format="ixt:num-dot-decimal">16,197,396</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3112" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,318,332</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3053" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag2965" decimals="-3" scale="3" format="ixt:num-dot-decimal">11,554</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2928" decimals="-3" scale="3" format="ixt:num-dot-decimal">225,285</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag3344" decimals="-3" scale="3" format="ixt:num-dot-decimal">129,266</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember" name="ifrs-full:DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" unitRef="BRL" id="Tag3356" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,913,559</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag7137" decimals="-3" scale="3" format="ixt:num-dot-decimal">11,517,704</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<div>
<ix:exclude>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 12pt;">&#160;</span></p>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-72</span></td>
</tr>
</tbody>
</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><span style="font-size: 12pt;"><a href="#TOC"><span style="font-size: 10pt;">Table of Contents</span></a></span></div>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
</ix:exclude>
</div>
<p style="font-size: 11pt; line-height: 115%; text-align: justify; margin: 0px; text-indent: 0px;"><br/></p>
<div id="t_ft_CZWMALA3EO00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 99.9987%; height: 422px; text-indent: 0px;" width="100%">
<tbody>
<tr style="height: 31px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 31px; border-bottom-width: 1px; width: 17.5857%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 12pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 31px; border-bottom-width: 1px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 12pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2020 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.04769%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Additions </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.94188%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Depreciation </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 7.1535%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">Transfer </span><sup><span style="font-family: 'Times New Roman'; font-weight: bold; vertical-align: super;">(</span></sup><sup><span style="font-family: 'Times New Roman'; font-weight: bold; vertical-align: super;">i</span></sup><sup><span style="font-family: 'Times New Roman'; font-weight: bold; vertical-align: super;">) (ii)</span></sup></span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 7.45156%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Write-offs and disposals </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 7.30253%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Effect of foreign currency exchange rate variation </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 10.8793%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">Reclassified to assets held for sale</span><sup><span style="font-family: 'Times New Roman'; font-weight: bold; vertical-align: super;">&#160;</span></sup><sup><span style="font-family: 'Times New Roman'; font-weight: bold; vertical-align: super;">(iii)</span></sup></span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2021 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 17.5857%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Accumulated depreciation: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.5857%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Buildings </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.93741%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.79285%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_BuildingsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2844" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">851,397</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.04769%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_BuildingsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3399" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.94188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_BuildingsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag2811" decimals="-3" scale="3" format="ixt:num-dot-decimal">68,388</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.745156%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.1535%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_BuildingsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3038" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">94</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.45156%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_BuildingsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3236" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">23,031</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.30253%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_BuildingsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag3134" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">6,872</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.745156%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.8793%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_BuildingsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" unitRef="BRL" id="Tag3248" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">317,874</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.49031%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.745156%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.79285%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231_BuildingsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3220" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">585,846</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 17.5857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Leasehold improvements </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_LeaseholdImprovementsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3059" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">689,161</ix:nonFraction>) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_LeaseholdImprovementsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2790" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_LeaseholdImprovementsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag2860" decimals="-3" scale="3" format="ixt:num-dot-decimal">81,976</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_LeaseholdImprovementsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3007" decimals="-3" scale="3" format="ixt:num-dot-decimal">81</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_LeaseholdImprovementsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2993" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">27,519</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_LeaseholdImprovementsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag3417" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">37</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_LeaseholdImprovementsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" unitRef="BRL" id="Tag3159" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">170,021</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231_LeaseholdImprovementsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3263" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">573,553</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 17.5857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Machinery and equipment </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; border-bottom-width: 1px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_MachineryMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2925" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">3,598,304</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_MachineryMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3146" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_MachineryMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag2900" decimals="-3" scale="3" format="ixt:num-dot-decimal">356,637</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_MachineryMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3351" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_MachineryMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2796" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">11,717</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_MachineryMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag2868" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">21,651</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_MachineryMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" unitRef="BRL" id="Tag3104" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">2,206,474</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231_MachineryMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3189" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,758,401</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 34px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 34px; border-bottom-width: 1px; width: 17.5857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Automotive fuel/lubricant distribution equipment and facilities </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 34px; border-bottom-width: 1px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2783" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,906,953</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2818" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag2889" decimals="-3" scale="3" format="ixt:num-dot-decimal">178,110</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3235" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">311</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3314" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">34,841</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag3052" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" unitRef="BRL" id="Tag3426" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3184" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">2,050,533</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 17.5857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> LPG tanks and bottles </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; border-bottom-width: 1px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_LPGTanksAndBottlesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag7146" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">454,651</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_LPGTanksAndBottlesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2955" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_LPGTanksAndBottlesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3440" decimals="-3" scale="3" format="ixt:num-dot-decimal">62,558</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_LPGTanksAndBottlesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3167" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_LPGTanksAndBottlesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3250" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">18,899</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_LPGTanksAndBottlesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag3436" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_LPGTanksAndBottlesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" unitRef="BRL" id="Tag3247" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231_LPGTanksAndBottlesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag7131" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">498,310</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 17.5857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Vehicles </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_VehiclesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3021" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">143,854</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_VehiclesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3214" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_VehiclesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3218" decimals="-3" scale="3" format="ixt:num-dot-decimal">22,927</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_VehiclesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3453" decimals="-3" scale="3" format="ixt:num-dot-decimal">195</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_VehiclesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3148" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">15,480</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_VehiclesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag3065" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">20</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_VehiclesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" unitRef="BRL" id="Tag7127" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">17,977</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231_VehiclesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3369" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">133,149</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 17.5857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Furniture and utensils </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; border-bottom-width: 1px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_FixturesAndFittingsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3256" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">191,713</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_FixturesAndFittingsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3308" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_FixturesAndFittingsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3083" decimals="-3" scale="3" format="ixt:num-dot-decimal">23,594</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_FixturesAndFittingsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3202" decimals="-3" scale="3" format="ixt:num-dot-decimal">24</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_FixturesAndFittingsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3254" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">14,443</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_FixturesAndFittingsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag3011" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">817</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_FixturesAndFittingsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" unitRef="BRL" id="Tag3201" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">89,369</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231_FixturesAndFittingsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3155" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">112,288</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 17.5857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> IT equipment </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_ITEquipmentMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3274" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">352,256</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_ITEquipmentMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2908" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_ITEquipmentMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3277" decimals="-3" scale="3" format="ixt:num-dot-decimal">35,614</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_ITEquipmentMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3278" decimals="-3" scale="3" format="ixt:num-dot-decimal">317</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_ITEquipmentMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3036" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">11,489</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_ITEquipmentMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag3238" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">435</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_ITEquipmentMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" unitRef="BRL" id="Tag3382" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">106,965</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231_ITEquipmentMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2761" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">269,534</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 17.5857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; border-bottom-width: 1px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3363" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">8,188,289</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3316" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag2897" decimals="-3" scale="3" format="ixt:num-dot-decimal">829,804</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag2990" decimals="-3" scale="3" format="ixt:num-dot-decimal">212</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2982" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">157,419</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag7153" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">29,832</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" unitRef="BRL" id="Tag2961" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">2,908,680</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3290" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">5,981,614</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 17.5857%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Provision for losses: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 17.5857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Land </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; border-bottom-width: 1px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_LandMember_AccumulatedImpairmentMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2810" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">146</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_LandMember_AccumulatedImpairmentMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2795" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_LandMember_AccumulatedImpairmentMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag2803" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_LandMember_AccumulatedImpairmentMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3084" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_LandMember_AccumulatedImpairmentMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3138" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_LandMember_AccumulatedImpairmentMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag3153" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_LandMember_AccumulatedImpairmentMember" name="ifrs-full:DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" unitRef="BRL" id="Tag2776" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231_LandMember_AccumulatedImpairmentMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3204" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">146</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 17.5857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Leasehold improvements </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_LeaseholdImprovementsMember_AccumulatedImpairmentMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3396" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">61</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_LeaseholdImprovementsMember_AccumulatedImpairmentMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3384" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">43,666</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_LeaseholdImprovementsMember_AccumulatedImpairmentMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3405" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_LeaseholdImprovementsMember_AccumulatedImpairmentMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3364" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_LeaseholdImprovementsMember_AccumulatedImpairmentMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3335" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_LeaseholdImprovementsMember_AccumulatedImpairmentMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag2861" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">3</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_LeaseholdImprovementsMember_AccumulatedImpairmentMember" name="ifrs-full:DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" unitRef="BRL" id="Tag2983" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">43,712</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231_LeaseholdImprovementsMember_AccumulatedImpairmentMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3329" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">18</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.5857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Machinery and equipment </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_MachineryMember_AccumulatedImpairmentMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3119" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">2,857</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_MachineryMember_AccumulatedImpairmentMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2987" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">839</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_MachineryMember_AccumulatedImpairmentMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3215" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_MachineryMember_AccumulatedImpairmentMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3346" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_MachineryMember_AccumulatedImpairmentMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2821" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">6</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_MachineryMember_AccumulatedImpairmentMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag3130" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">45</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_MachineryMember_AccumulatedImpairmentMember" name="ifrs-full:DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" unitRef="BRL" id="Tag3070" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">2,446</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231_MachineryMember_AccumulatedImpairmentMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2755" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,289</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 34px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 17.5857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Automotive fuel/lubricant distribution equipment and facilities </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 34px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedImpairmentMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3142" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">73</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedImpairmentMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3324" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedImpairmentMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3173" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedImpairmentMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3164" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedImpairmentMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3353" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">27</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedImpairmentMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag2920" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedImpairmentMember" name="ifrs-full:DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" unitRef="BRL" id="Tag2901" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedImpairmentMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2890" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">46</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.5857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Vehicles </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_VehiclesMember_AccumulatedImpairmentMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3225" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_VehiclesMember_AccumulatedImpairmentMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2816" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">160</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_VehiclesMember_AccumulatedImpairmentMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3402" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_VehiclesMember_AccumulatedImpairmentMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3355" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_VehiclesMember_AccumulatedImpairmentMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2872" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_VehiclesMember_AccumulatedImpairmentMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag3174" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_VehiclesMember_AccumulatedImpairmentMember" name="ifrs-full:DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" unitRef="BRL" id="Tag3170" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">160</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_VehiclesMember_AccumulatedImpairmentMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2875" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 17.5857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Furniture and utensils </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_FixturesAndFittingsMember_AccumulatedImpairmentMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3304" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_FixturesAndFittingsMember_AccumulatedImpairmentMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2898" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">14,887</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_FixturesAndFittingsMember_AccumulatedImpairmentMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3437" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_FixturesAndFittingsMember_AccumulatedImpairmentMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3081" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_FixturesAndFittingsMember_AccumulatedImpairmentMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2838" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_FixturesAndFittingsMember_AccumulatedImpairmentMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag3067" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_FixturesAndFittingsMember_AccumulatedImpairmentMember" name="ifrs-full:DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" unitRef="BRL" id="Tag3322" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">14,887</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_FixturesAndFittingsMember_AccumulatedImpairmentMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2894" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.5857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> IT equipment </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_ITEquipmentMember_AccumulatedImpairmentMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3086" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_ITEquipmentMember_AccumulatedImpairmentMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2886" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,660</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_ITEquipmentMember_AccumulatedImpairmentMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3401" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_ITEquipmentMember_AccumulatedImpairmentMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag2777" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_ITEquipmentMember_AccumulatedImpairmentMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3055" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_ITEquipmentMember_AccumulatedImpairmentMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag3169" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_ITEquipmentMember_AccumulatedImpairmentMember" name="ifrs-full:DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" unitRef="BRL" id="Tag2774" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,660</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_ITEquipmentMember_AccumulatedImpairmentMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2799" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 17.5857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Advances to suppliers </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_AdvancesToSuppliersMember_AccumulatedImpairmentMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3058" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">110</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AdvancesToSuppliersMember_AccumulatedImpairmentMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag7139" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AdvancesToSuppliersMember_AccumulatedImpairmentMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag2893" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AdvancesToSuppliersMember_AccumulatedImpairmentMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag2964" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AdvancesToSuppliersMember_AccumulatedImpairmentMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3439" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AdvancesToSuppliersMember_AccumulatedImpairmentMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag2850" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_AdvancesToSuppliersMember_AccumulatedImpairmentMember" name="ifrs-full:DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" unitRef="BRL" id="Tag3373" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">110</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_AdvancesToSuppliersMember_AccumulatedImpairmentMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3196" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.5857%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_AccumulatedImpairmentMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag7151" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">3,247</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_AccumulatedImpairmentMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3043" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">61,212</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AccumulatedImpairmentMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag2879" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AccumulatedImpairmentMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3132" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_AccumulatedImpairmentMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3034" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">33</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_AccumulatedImpairmentMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag3095" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">48</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_AccumulatedImpairmentMember" name="ifrs-full:DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" unitRef="BRL" id="Tag2846" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">62,975</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231_AccumulatedImpairmentMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3115" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,499</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 17.5857%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net amount </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3428" decimals="-3" scale="3" format="ixt:num-dot-decimal">8,005,860</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3245" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,257,120</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3429" decimals="-3" scale="3" format="ixt:num-dot-decimal">829,804</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag2794" decimals="-3" scale="3" format="ixt:num-dot-decimal">11,766</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3281" decimals="-3" scale="3" format="ixt:num-dot-decimal">67,833</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag3168" decimals="-3" scale="3" format="ixt:num-dot-decimal">99,386</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" unitRef="BRL" id="Tag2991" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,941,904</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49031%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3387" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,534,591</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';"><br/></span></span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">(i) <ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote42" continuedAt="cf57a01ac-afc3-48f2-b5f8-d52fdc924820">Refers to </ix:footnote></span><ix:continuation id="cf57a01ac-afc3-48f2-b5f8-d52fdc924820"><span style="font-family: 'Times New Roman';">R</span><span style="font-family: 'Times New Roman';">$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="D20211231_IntangibleAssetsOtherThanGoodwillMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag53" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">169</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">transferred </span><span style="font-family: 'Times New Roman';">to</span><span style="font-family: 'Times New Roman';"> intangible assets.</span></ix:continuation></span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">(ii) <ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote43" continuedAt="cd2406cbd-070d-412f-ba2c-a6c920e317d3">Includes R$ </ix:footnote></span><ix:continuation id="cd2406cbd-070d-412f-ba2c-a6c920e317d3"><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="D20211231_RightofuseAssetsMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3029" decimals="-3" scale="3" format="ixt:num-dot-decimal">11,935</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> transferred</span><span style="font-family: 'Times New Roman';"> from right-of-use</span><span style="font-family: 'Times New Roman';"> assets</span><span style="font-family: 'Times New Roman';">.</span></ix:continuation></span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(iii) <ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote47"><span style="border-right: none; border-left: none;">For further information, see Note 3.c.1.</span></ix:footnote></span></p>
<div>
<ix:exclude>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 12pt;"><br/></span></p>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-73</span></td>
</tr>
</tbody>
</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><span style="font-size: 12pt;"><a href="#TOC"><span style="font-size: 10pt;">Table of Contents</span></a></span></div>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
</ix:exclude>
</div>
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><br/></span></p>
<div id="t_ft_Y1C68Q6NY800000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 311px; text-indent: 0px;" width="100%">
<tbody>
<tr style="height: 56px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 56px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Weighted average useful life (years) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 56px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2019 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 56px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Additions </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 56px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Depreciation </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 56px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Transfer (i) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 56px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Write-offs and disposals </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 56px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Effect of foreign currency exchange rate variation </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 56px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2020 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Cost: </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 23%; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Land </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; width: 8%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_LandMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3231" decimals="-3" scale="3" format="ixt:num-dot-decimal">667,865</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_LandMember_GrossCarryingAmountMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3377" decimals="-3" scale="3" format="ixt:num-dot-decimal">21,300</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_LandMember_GrossCarryingAmountMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3063" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_LandMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3230" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,113</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_LandMember_GrossCarryingAmountMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3370" decimals="-3" scale="3" format="ixt:num-dot-decimal">14,427</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_LandMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag3397" decimals="-3" scale="3" format="ixt:num-dot-decimal">10,257</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_LandMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3450" decimals="-3" scale="3" format="ixt:num-dot-decimal">687,108</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Buildings </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_BuildingsMember_GrossCarryingAmountMember" name="ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" id="Tag3374" format="ixt-sec:duryear">32</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_BuildingsMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3223" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,925,946</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_BuildingsMember_GrossCarryingAmountMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2793" decimals="-3" scale="3" format="ixt:num-dot-decimal">25,572</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_BuildingsMember_GrossCarryingAmountMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag2885" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_BuildingsMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag2784" decimals="-3" scale="3" format="ixt:num-dot-decimal">148,527</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_BuildingsMember_GrossCarryingAmountMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2843" decimals="-3" scale="3" format="ixt:num-dot-decimal">27,210</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_BuildingsMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag3192" decimals="-3" scale="3" format="ixt:num-dot-decimal">81,875</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_BuildingsMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3102" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,154,710</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Leasehold improvements </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_LeaseholdImprovementsMember_GrossCarryingAmountMember" name="ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" id="Tag3186" format="ixt-sec:duryear">9</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_LeaseholdImprovementsMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3012" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,121,528</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_LeaseholdImprovementsMember_GrossCarryingAmountMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3039" decimals="-3" scale="3" format="ixt:num-dot-decimal">28,374</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_LeaseholdImprovementsMember_GrossCarryingAmountMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3260" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_LeaseholdImprovementsMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3090" decimals="-3" scale="3" format="ixt:num-dot-decimal">89,559</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_LeaseholdImprovementsMember_GrossCarryingAmountMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2856" decimals="-3" scale="3" format="ixt:num-dot-decimal">16,954</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_LeaseholdImprovementsMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag3358" decimals="-3" scale="3" format="ixt:num-dot-decimal">315</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_LeaseholdImprovementsMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3000" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,222,822</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Machinery and equipment </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_MachineryMember_GrossCarryingAmountMember" name="ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" id="Tag2988" format="ixt-sec:duryear">13</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_MachineryMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3320" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,707,721</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_MachineryMember_GrossCarryingAmountMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3367" decimals="-3" scale="3" format="ixt:num-dot-decimal">144,089</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_MachineryMember_GrossCarryingAmountMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag2771" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_MachineryMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3054" decimals="-3" scale="3" format="ixt:num-dot-decimal">378,883</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_MachineryMember_GrossCarryingAmountMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3321" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,554</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_MachineryMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag27" decimals="-3" scale="3" format="ixt:num-dot-decimal">273,223</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_MachineryMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2797" decimals="-3" scale="3" format="ixt:num-dot-decimal">6,498,362</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 34px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Automotive fuel/lubricant distribution equipment and facilities </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_GrossCarryingAmountMember" name="ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" id="Tag7152" format="ixt-sec:duryear">13</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3139" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,991,472</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_GrossCarryingAmountMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2937" decimals="-3" scale="3" format="ixt:num-dot-decimal">90,279</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_GrossCarryingAmountMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag2978" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3266" decimals="-3" scale="3" format="ixt:num-dot-decimal">133,963</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_GrossCarryingAmountMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2833" decimals="-3" scale="3" format="ixt:num-dot-decimal">46,394</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag3371" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2934" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,169,320</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> LPG tanks and bottles </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_LPGTanksAndBottlesMember_GrossCarryingAmountMember" name="ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" id="Tag3213" format="ixt-sec:duryear">10</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_LPGTanksAndBottlesMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3347" decimals="-3" scale="3" format="ixt:num-dot-decimal">755,460</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_LPGTanksAndBottlesMember_GrossCarryingAmountMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3255" decimals="-3" scale="3" format="ixt:num-dot-decimal">65,230</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_LPGTanksAndBottlesMember_GrossCarryingAmountMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3181" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_LPGTanksAndBottlesMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3345" decimals="-3" scale="3" format="ixt:num-dot-decimal">289</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_LPGTanksAndBottlesMember_GrossCarryingAmountMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2788" decimals="-3" scale="3" format="ixt:num-dot-decimal">44,500</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_LPGTanksAndBottlesMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag3046" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_LPGTanksAndBottlesMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3033" decimals="-3" scale="3" format="ixt:num-dot-decimal">776,479</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Vehicles </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_VehiclesMember_GrossCarryingAmountMember" name="ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" id="Tag2759" format="ixt-sec:duryear">8</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_VehiclesMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3137" decimals="-3" scale="3" format="ixt:num-dot-decimal">320,161</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_VehiclesMember_GrossCarryingAmountMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3414" decimals="-3" scale="3" format="ixt:num-dot-decimal">22,495</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_VehiclesMember_GrossCarryingAmountMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag2927" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_VehiclesMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag2801" decimals="-3" scale="3" format="ixt:num-dot-decimal">8,363</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_VehiclesMember_GrossCarryingAmountMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2869" decimals="-3" scale="3" format="ixt:num-dot-decimal">40,517</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_VehiclesMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag2997" decimals="-3" scale="3" format="ixt:num-dot-decimal">334</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_VehiclesMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3128" decimals="-3" scale="3" format="ixt:num-dot-decimal">310,836</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Furniture and utensils </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_FixturesAndFittingsMember_GrossCarryingAmountMember" name="ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" id="Tag3127" format="ixt-sec:duryear">9</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_FixturesAndFittingsMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3261" decimals="-3" scale="3" format="ixt:num-dot-decimal">295,604</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_FixturesAndFittingsMember_GrossCarryingAmountMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3337" decimals="-3" scale="3" format="ixt:num-dot-decimal">13,985</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_FixturesAndFittingsMember_GrossCarryingAmountMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3311" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_FixturesAndFittingsMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3425" decimals="-3" scale="3" format="ixt:num-dot-decimal">6,775</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_FixturesAndFittingsMember_GrossCarryingAmountMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3107" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,694</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_FixturesAndFittingsMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag2791" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,042</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_FixturesAndFittingsMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3015" decimals="-3" scale="3" format="ixt:num-dot-decimal">316,712</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Construction in progress </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_ConstructionInProgressMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3041" decimals="-3" scale="3" format="ixt:num-dot-decimal">827,086</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_ConstructionInProgressMember_GrossCarryingAmountMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3089" decimals="-3" scale="3" format="ixt:num-dot-decimal">506,367</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_ConstructionInProgressMember_GrossCarryingAmountMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag2866" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_ConstructionInProgressMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag2919" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">765,785</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_ConstructionInProgressMember_GrossCarryingAmountMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3325" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,167</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_ConstructionInProgressMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag3330" decimals="-3" scale="3" format="ixt:num-dot-decimal">14,194</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_ConstructionInProgressMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3341" decimals="-3" scale="3" format="ixt:num-dot-decimal">580,695</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Advances to suppliers </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_AdvancesToSuppliersMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2823" decimals="-3" scale="3" format="ixt:num-dot-decimal">12,544</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_AdvancesToSuppliersMember_GrossCarryingAmountMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2906" decimals="-3" scale="3" format="ixt:num-dot-decimal">28,339</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_AdvancesToSuppliersMember_GrossCarryingAmountMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3106" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_AdvancesToSuppliersMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3047" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">6,185</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_AdvancesToSuppliersMember_GrossCarryingAmountMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2902" decimals="-3" scale="3" format="ixt:num-dot-decimal">56</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_AdvancesToSuppliersMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag2768" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_AdvancesToSuppliersMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2775" decimals="-3" scale="3" format="ixt:num-dot-decimal">34,642</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Imports in progress </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_ImportsInProgressMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3009" decimals="-3" scale="3" format="ixt:num-dot-decimal">250</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_ImportsInProgressMember_GrossCarryingAmountMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2903" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,437</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_ImportsInProgressMember_GrossCarryingAmountMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3268" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_ImportsInProgressMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3122" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">822</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_ImportsInProgressMember_GrossCarryingAmountMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3105" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_ImportsInProgressMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag2840" decimals="-3" scale="3" format="ixt:num-dot-decimal">1</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_ImportsInProgressMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3152" decimals="-3" scale="3" format="ixt:num-dot-decimal">866</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> IT equipment </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_ITEquipmentMember_GrossCarryingAmountMember" name="ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" id="Tag3431" format="ixt-sec:duryear">5</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_ITEquipmentMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3427" decimals="-3" scale="3" format="ixt:num-dot-decimal">412,809</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_ITEquipmentMember_GrossCarryingAmountMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2966" decimals="-3" scale="3" format="ixt:num-dot-decimal">32,134</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_ITEquipmentMember_GrossCarryingAmountMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3076" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_ITEquipmentMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag2873" decimals="-3" scale="3" format="ixt:num-dot-decimal">539</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_ITEquipmentMember_GrossCarryingAmountMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3002" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,827</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_ITEquipmentMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag3286" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,189</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_ITEquipmentMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2943" decimals="-3" scale="3" format="ixt:num-dot-decimal">444,844</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag7140" decimals="-3" scale="3" format="ixt:num-dot-decimal">15,038,446</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2842" decimals="-3" scale="3" format="ixt:num-dot-decimal">979,601</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag2921" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag2992" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">3,781</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3077" decimals="-3" scale="3" format="ixt:num-dot-decimal">203,300</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag3074" decimals="-3" scale="3" format="ixt:num-dot-decimal">386,430</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2757" decimals="-3" scale="3" format="ixt:num-dot-decimal">16,197,396</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<div>
<ix:exclude>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 12pt;">&#160;</span></p>
<div>
<table style="width: 100%; height: 19px; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr style="height: 19px;">
<td class="pgno" style="padding: 0px; text-align: center; height: 19px;"><span style="font-size: 10pt;" class="pageno">F-74</span></td>
</tr>
</tbody>
</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><span style="font-size: 12pt;"><a href="#TOC"><span style="font-size: 10pt;">Table of Contents</span></a></span></div>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
</ix:exclude>
</div>
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 12pt;"><br/></span></p>
<div id="t_ft_JI06Y7WR4000000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 374px;" width="100%">
<tbody>
<tr style="height: 57px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2019 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Additions </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Depreciation </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Transfer (i) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Write-offs and disposals </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Effect of foreign currency exchange rate variation </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Accumulated depreciation: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 30%; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Buildings </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; width: 1%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_BuildingsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3285" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">793,835</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_BuildingsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3037" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_BuildingsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3432" decimals="-3" scale="3" format="ixt:num-dot-decimal">65,318</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_BuildingsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3062" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,376</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_BuildingsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3446" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">20,021</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_BuildingsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag3049" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">14,641</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_BuildingsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3040" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">851,397</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Leasehold improvements </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_LeaseholdImprovementsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag7150" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">614,379</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_LeaseholdImprovementsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3408" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_LeaseholdImprovementsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag2907" decimals="-3" scale="3" format="ixt:num-dot-decimal">80,995</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_LeaseholdImprovementsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag2826" decimals="-3" scale="3" format="ixt:num-dot-decimal">49</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_LeaseholdImprovementsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3028" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">6,252</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_LeaseholdImprovementsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag7129" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">88</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_LeaseholdImprovementsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3354" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">689,161</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Machinery and equipment </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_MachineryMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3296" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">3,231,627</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_MachineryMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3301" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_MachineryMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3001" decimals="-3" scale="3" format="ixt:num-dot-decimal">317,694</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_MachineryMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3388" decimals="-3" scale="3" format="ixt:num-dot-decimal">59</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_MachineryMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3120" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">4,091</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_MachineryMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag7148" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">53,133</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_MachineryMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3197" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">3,598,304</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 22px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 22px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Automotive fuel/lubricant distribution equipment and facilities </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 22px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3375" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,766,878</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3336" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3275" decimals="-3" scale="3" format="ixt:num-dot-decimal">176,404</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag2945" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">6</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2962" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">36,335</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag7132" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2969" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,906,953</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> LPG tanks and bottles </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_LPGTanksAndBottlesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3212" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">425,554</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_LPGTanksAndBottlesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3409" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_LPGTanksAndBottlesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag2963" decimals="-3" scale="3" format="ixt:num-dot-decimal">56,267</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_LPGTanksAndBottlesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag2792" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">30</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_LPGTanksAndBottlesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3403" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">27,200</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_LPGTanksAndBottlesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag3149" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_LPGTanksAndBottlesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3297" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">454,651</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Vehicles </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_VehiclesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3097" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">139,045</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_VehiclesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3328" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_VehiclesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3233" decimals="-3" scale="3" format="ixt:num-dot-decimal">24,585</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_VehiclesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag2837" decimals="-3" scale="3" format="ixt:num-dot-decimal">48</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_VehiclesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3262" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">19,997</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_VehiclesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag24" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">269</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_VehiclesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3118" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">143,854</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Furniture and utensils </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_FixturesAndFittingsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3125" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">171,475</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_FixturesAndFittingsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3455" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_FixturesAndFittingsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag2835" decimals="-3" scale="3" format="ixt:num-dot-decimal">21,060</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_FixturesAndFittingsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag2881" decimals="-3" scale="3" format="ixt:num-dot-decimal">7</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_FixturesAndFittingsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2763" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">2,988</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_FixturesAndFittingsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag3075" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">2,173</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_FixturesAndFittingsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2896" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">191,713</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> IT equipment </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_ITEquipmentMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2765" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">318,063</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_ITEquipmentMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2785" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_ITEquipmentMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3243" decimals="-3" scale="3" format="ixt:num-dot-decimal">35,080</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_ITEquipmentMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag2786" decimals="-3" scale="3" format="ixt:num-dot-decimal">122</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_ITEquipmentMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3289" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">2,676</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_ITEquipmentMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag2798" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,911</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_ITEquipmentMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2855" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">352,256</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3211" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">7,460,856</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2935" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3389" decimals="-3" scale="3" format="ixt:num-dot-decimal">777,403</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3224" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,625</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2984" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">119,560</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag3079" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">72,215</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3237" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">8,188,289</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Provision for losses: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Advances to suppliers </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_AdvancesToSuppliersMember_AccumulatedImpairmentMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2953" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">110</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_AdvancesToSuppliersMember_AccumulatedImpairmentMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3100" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_AdvancesToSuppliersMember_AccumulatedImpairmentMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag2870" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_AdvancesToSuppliersMember_AccumulatedImpairmentMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3180" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_AdvancesToSuppliersMember_AccumulatedImpairmentMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2865" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_AdvancesToSuppliersMember_AccumulatedImpairmentMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag2924" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_AdvancesToSuppliersMember_AccumulatedImpairmentMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3352" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">110</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Land </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_LandMember_AccumulatedImpairmentMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3419" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">146</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_LandMember_AccumulatedImpairmentMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2979" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_LandMember_AccumulatedImpairmentMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3232" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_LandMember_AccumulatedImpairmentMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag2892" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_LandMember_AccumulatedImpairmentMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3183" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_LandMember_AccumulatedImpairmentMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag2819" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_LandMember_AccumulatedImpairmentMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3187" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">146</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Leasehold improvements </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_LeaseholdImprovementsMember_AccumulatedImpairmentMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3239" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,599</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_LeaseholdImprovementsMember_AccumulatedImpairmentMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3423" decimals="-3" scale="3" format="ixt:num-dot-decimal">910</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_LeaseholdImprovementsMember_AccumulatedImpairmentMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag2998" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_LeaseholdImprovementsMember_AccumulatedImpairmentMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag2789" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_LeaseholdImprovementsMember_AccumulatedImpairmentMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2956" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">639</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_LeaseholdImprovementsMember_AccumulatedImpairmentMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag2959" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">11</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_LeaseholdImprovementsMember_AccumulatedImpairmentMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2754" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">61</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Machinery and equipment </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_MachineryMember_AccumulatedImpairmentMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3069" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">2,875</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_MachineryMember_AccumulatedImpairmentMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag7125" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_MachineryMember_AccumulatedImpairmentMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3018" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_MachineryMember_AccumulatedImpairmentMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3418" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_MachineryMember_AccumulatedImpairmentMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3368" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">156</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_MachineryMember_AccumulatedImpairmentMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag3226" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">138</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_MachineryMember_AccumulatedImpairmentMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3208" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">2,857</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 23px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 23px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Automotive fuel/lubricant distribution equipment and facilities </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 23px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 23px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedImpairmentMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3178" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">98</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 23px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 23px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 23px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedImpairmentMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3110" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 23px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 23px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 23px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedImpairmentMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag2971" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 23px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 23px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 23px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedImpairmentMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3027" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 23px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 23px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 23px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedImpairmentMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag7143" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">25</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 23px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 23px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 23px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedImpairmentMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag3340" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 23px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 23px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 23px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedImpairmentMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3394" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">73</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 23px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_AccumulatedImpairmentMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2918" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">4,828</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_AccumulatedImpairmentMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3020" decimals="-3" scale="3" format="ixt:num-dot-decimal">910</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_AccumulatedImpairmentMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3430" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_AccumulatedImpairmentMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag2760" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_AccumulatedImpairmentMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3415" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">820</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_AccumulatedImpairmentMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag3366" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">149</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_AccumulatedImpairmentMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2999" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">3,247</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net amount </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3246" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,572,762</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3406" decimals="-3" scale="3" format="ixt:num-dot-decimal">980,511</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3350" decimals="-3" scale="3" format="ixt:num-dot-decimal">777,403</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3391" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,156</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3412" decimals="-3" scale="3" format="ixt:num-dot-decimal">82,920</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag2778" decimals="-3" scale="3" format="ixt:num-dot-decimal">314,066</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3176" decimals="-3" scale="3" format="ixt:num-dot-decimal">8,005,860</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(i) <ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote44">Refers to amounts transferred between items and to intangible assets.</ix:footnote></span></p>
<div>
<ix:exclude>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 12pt;"><br/></span></p>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-75</span></td>
</tr>
</tbody>
</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><span style="font-size: 10pt;"><a href="#TOC">Table of Contents</a></span></div>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
</ix:exclude>
</div>
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 12pt;"><br/></span></p>
<div id="t_ft_2X39FA40G000000000000000000000b">
<table cellpadding="0" style="height: 335px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px; margin-left: 0.1px;" width="100%">
<tbody>
<tr style="height: 69px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 69px;">
<p style="margin: 0pt; text-align: center;"><br/></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Weighted average useful life (years) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2018 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Additions </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Depreciation </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Transfer (i) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Write-offs and disposals </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Effect of foreign currency exchange rate variation </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Oxiteno Andina (*) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/30/2019 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 22%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Cost: </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Land </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20181231_LandMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3217" decimals="-3" scale="3" format="ixt:num-dot-decimal">620,879</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_LandMember_GrossCarryingAmountMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2958" decimals="-3" scale="3" format="ixt:num-dot-decimal">43,420</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_LandMember_GrossCarryingAmountMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3222" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_LandMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3379" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,785</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_LandMember_GrossCarryingAmountMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3193" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,017</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_LandMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag2967" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,059</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_LandMember_GrossCarryingAmountMember" name="ifrs-full:RetirementsPropertyPlantAndEquipment" unitRef="BRL" id="Tag7136" decimals="-3" scale="3" format="ixt:num-dot-decimal">261</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_LandMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3343" decimals="-3" scale="3" format="ixt:num-dot-decimal">667,865</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Buildings </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20191231_BuildingsMember_GrossCarryingAmountMember" name="ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" id="Tag2756" format="ixt-sec:duryear">32</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20181231_BuildingsMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3361" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,801,073</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_BuildingsMember_GrossCarryingAmountMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2779" decimals="-3" scale="3" format="ixt:num-dot-decimal">18,117</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_BuildingsMember_GrossCarryingAmountMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3378" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_BuildingsMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3445" decimals="-3" scale="3" format="ixt:num-dot-decimal">105,861</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_BuildingsMember_GrossCarryingAmountMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3087" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,339</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_BuildingsMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag3175" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,023</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_BuildingsMember_GrossCarryingAmountMember" name="ifrs-full:RetirementsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3088" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,789</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_BuildingsMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3315" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,925,946</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Leasehold improvements </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20191231_LeaseholdImprovementsMember_GrossCarryingAmountMember" name="ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" id="Tag2781" format="ixt-sec:duryear">10</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20181231_LeaseholdImprovementsMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3136" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,015,640</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_LeaseholdImprovementsMember_GrossCarryingAmountMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3092" decimals="-3" scale="3" format="ixt:num-dot-decimal">19,191</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_LeaseholdImprovementsMember_GrossCarryingAmountMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag2916" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_LeaseholdImprovementsMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag2854" decimals="-3" scale="3" format="ixt:num-dot-decimal">129,234</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_LeaseholdImprovementsMember_GrossCarryingAmountMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2942" decimals="-3" scale="3" format="ixt:num-dot-decimal">42,552</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_LeaseholdImprovementsMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag2936" decimals="-3" scale="3" format="ixt:num-dot-decimal">15</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_LeaseholdImprovementsMember_GrossCarryingAmountMember" name="ifrs-full:RetirementsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2867" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_LeaseholdImprovementsMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2989" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,121,528</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Machinery and equipment </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20191231_MachineryMember_GrossCarryingAmountMember" name="ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" id="Tag2923" format="ixt-sec:duryear">13</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20181231_MachineryMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3444" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,219,256</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_MachineryMember_GrossCarryingAmountMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3395" decimals="-3" scale="3" format="ixt:num-dot-decimal">131,831</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_MachineryMember_GrossCarryingAmountMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3103" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_MachineryMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag2887" decimals="-3" scale="3" format="ixt:num-dot-decimal">365,953</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_MachineryMember_GrossCarryingAmountMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2986" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,967</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_MachineryMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag2915" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,596</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_MachineryMember_GrossCarryingAmountMember" name="ifrs-full:RetirementsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2770" decimals="-3" scale="3" format="ixt:num-dot-decimal">13,948</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_MachineryMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag7126" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,707,721</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 45px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 45px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Automotive fuel/lubricant distribution equipment and facilities </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 45px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20191231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_GrossCarryingAmountMember" name="ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" id="Tag3331" format="ixt-sec:duryear">14</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20181231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2832" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,864,333</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_GrossCarryingAmountMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3435" decimals="-3" scale="3" format="ixt:num-dot-decimal">103,288</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_GrossCarryingAmountMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3091" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3376" decimals="-3" scale="3" format="ixt:num-dot-decimal">81,038</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_GrossCarryingAmountMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2994" decimals="-3" scale="3" format="ixt:num-dot-decimal">57,187</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag3241" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_GrossCarryingAmountMember" name="ifrs-full:RetirementsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3154" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3068" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,991,472</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> LPG tanks and bottles </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20191231_LPGTanksAndBottlesMember_GrossCarryingAmountMember" name="ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" id="Tag3124" format="ixt-sec:duryear">10</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20181231_LPGTanksAndBottlesMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2808" decimals="-3" scale="3" format="ixt:num-dot-decimal">743,016</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_LPGTanksAndBottlesMember_GrossCarryingAmountMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3114" decimals="-3" scale="3" format="ixt:num-dot-decimal">65,351</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_LPGTanksAndBottlesMember_GrossCarryingAmountMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3165" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_LPGTanksAndBottlesMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag2904" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">6,993</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_LPGTanksAndBottlesMember_GrossCarryingAmountMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3172" decimals="-3" scale="3" format="ixt:num-dot-decimal">45,914</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_LPGTanksAndBottlesMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag3257" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_LPGTanksAndBottlesMember_GrossCarryingAmountMember" name="ifrs-full:RetirementsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3318" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_LPGTanksAndBottlesMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag7149" decimals="-3" scale="3" format="ixt:num-dot-decimal">755,460</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Vehicles </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20191231_VehiclesMember_GrossCarryingAmountMember" name="ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" id="Tag2822" format="ixt-sec:duryear">7</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20181231_VehiclesMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3080" decimals="-3" scale="3" format="ixt:num-dot-decimal">308,756</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_VehiclesMember_GrossCarryingAmountMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2899" decimals="-3" scale="3" format="ixt:num-dot-decimal">24,686</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_VehiclesMember_GrossCarryingAmountMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3061" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_VehiclesMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3326" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,564</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_VehiclesMember_GrossCarryingAmountMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3060" decimals="-3" scale="3" format="ixt:num-dot-decimal">20,353</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_VehiclesMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag3416" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">394</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_VehiclesMember_GrossCarryingAmountMember" name="ifrs-full:RetirementsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3150" decimals="-3" scale="3" format="ixt:num-dot-decimal">98</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_VehiclesMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3025" decimals="-3" scale="3" format="ixt:num-dot-decimal">320,161</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Furniture and utensils </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20191231_FixturesAndFittingsMember_GrossCarryingAmountMember" name="ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" id="Tag3253" format="ixt-sec:duryear">9</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20181231_FixturesAndFittingsMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3393" decimals="-3" scale="3" format="ixt:num-dot-decimal">279,016</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_FixturesAndFittingsMember_GrossCarryingAmountMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3071" decimals="-3" scale="3" format="ixt:num-dot-decimal">15,009</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_FixturesAndFittingsMember_GrossCarryingAmountMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag2910" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_FixturesAndFittingsMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3203" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,399</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_FixturesAndFittingsMember_GrossCarryingAmountMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3195" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,665</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_FixturesAndFittingsMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag2980" decimals="-3" scale="3" format="ixt:num-dot-decimal">198</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_FixturesAndFittingsMember_GrossCarryingAmountMember" name="ifrs-full:RetirementsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3163" decimals="-3" scale="3" format="ixt:num-dot-decimal">353</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_FixturesAndFittingsMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3003" decimals="-3" scale="3" format="ixt:num-dot-decimal">295,604</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Construction in progress </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20181231_ConstructionInProgressMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2852" decimals="-3" scale="3" format="ixt:num-dot-decimal">922,799</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_ConstructionInProgressMember_GrossCarryingAmountMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2985" decimals="-3" scale="3" format="ixt:num-dot-decimal">591,525</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_ConstructionInProgressMember_GrossCarryingAmountMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3385" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_ConstructionInProgressMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3251" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">695,301</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_ConstructionInProgressMember_GrossCarryingAmountMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3221" decimals="-3" scale="3" format="ixt:num-dot-decimal">108</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_ConstructionInProgressMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag3166" decimals="-3" scale="3" format="ixt:num-dot-decimal">8,344</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_ConstructionInProgressMember_GrossCarryingAmountMember" name="ifrs-full:RetirementsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3422" decimals="-3" scale="3" format="ixt:num-dot-decimal">173</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_ConstructionInProgressMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag7142" decimals="-3" scale="3" format="ixt:num-dot-decimal">827,086</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Advances to suppliers </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20181231_AdvancesToSuppliersMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2876" decimals="-3" scale="3" format="ixt:num-dot-decimal">14,088</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_AdvancesToSuppliersMember_GrossCarryingAmountMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2827" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,378</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AdvancesToSuppliersMember_GrossCarryingAmountMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3094" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_AdvancesToSuppliersMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3295" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">8,921</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AdvancesToSuppliersMember_GrossCarryingAmountMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2813" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_AdvancesToSuppliersMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag2909" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AdvancesToSuppliersMember_GrossCarryingAmountMember" name="ifrs-full:RetirementsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3026" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_AdvancesToSuppliersMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag7135" decimals="-3" scale="3" format="ixt:num-dot-decimal">12,544</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Imports in progress </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20181231_ImportsInProgressMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3182" decimals="-3" scale="3" format="ixt:num-dot-decimal">41</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_ImportsInProgressMember_GrossCarryingAmountMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3348" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,513</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_ImportsInProgressMember_GrossCarryingAmountMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3096" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_ImportsInProgressMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag7133" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">9,304</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_ImportsInProgressMember_GrossCarryingAmountMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag7154" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_ImportsInProgressMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag2762" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_ImportsInProgressMember_GrossCarryingAmountMember" name="ifrs-full:RetirementsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3438" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_ImportsInProgressMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2862" decimals="-3" scale="3" format="ixt:num-dot-decimal">250</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> IT equipment </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20191231_ITEquipmentMember_GrossCarryingAmountMember" name="ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" id="Tag2884" format="ixt-sec:duryear">5</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20181231_ITEquipmentMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3449" decimals="-3" scale="3" format="ixt:num-dot-decimal">395,063</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_ITEquipmentMember_GrossCarryingAmountMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag7130" decimals="-3" scale="3" format="ixt:num-dot-decimal">21,771</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_ITEquipmentMember_GrossCarryingAmountMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag2929" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_ITEquipmentMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag2769" decimals="-3" scale="3" format="ixt:num-dot-decimal">872</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_ITEquipmentMember_GrossCarryingAmountMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3157" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,249</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_ITEquipmentMember_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag2758" decimals="-3" scale="3" format="ixt:num-dot-decimal">352</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_ITEquipmentMember_GrossCarryingAmountMember" name="ifrs-full:RetirementsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3133" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_ITEquipmentMember_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2871" decimals="-3" scale="3" format="ixt:num-dot-decimal">412,809</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20181231_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3312" decimals="-3" scale="3" format="ixt:num-dot-decimal">14,183,960</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3357" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,051,080</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag2874" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag2891" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">20,813</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2773" decimals="-3" scale="3" format="ixt:num-dot-decimal">185,351</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag2839" decimals="-3" scale="3" format="ixt:num-dot-decimal">26,192</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember" name="ifrs-full:RetirementsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2922" decimals="-3" scale="3" format="ixt:num-dot-decimal">16,622</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_GrossCarryingAmountMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2968" decimals="-3" scale="3" format="ixt:num-dot-decimal">15,038,446</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<div>
<ix:exclude>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 12pt;">&#160;</span></p>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-76</span></td>
</tr>
</tbody>
</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><span style="font-size: 10pt;"><a href="#TOC">Table of Contents</a></span></div>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
</ix:exclude>
</div>
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><br/></p>
<div id="t_ft_Q5J92B7J1C00000000000000000000b">
<table cellpadding="0" style="height: 458px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px; margin-left: 0.1px;" width="100%">
<tbody>
<tr style="height: 51px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><br/></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; border-bottom: 1px solid #000000; width: 8.83191%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2018 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; border-bottom: 1px solid #000000; width: 8.26211%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Additions </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; border-bottom: 1px solid #000000; width: 9.40171%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Depreciation </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; border-bottom: 1px solid #000000; width: 6.69516%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Transfer (i) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; border-bottom: 1px solid #000000; width: 6.98006%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Write-offs and disposals </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; border-bottom: 1px solid #000000; width: 7.12251%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Effect of foreign currency exchange rate variation </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; border-bottom: 1px solid #000000; width: 6.26781%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Oxiteno Andina (*) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; border-bottom: 1px solid #000000; width: 8.83191%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2019 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.43062%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Accumulated depreciation: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Buildings </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20181231_BuildingsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3411" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">743,117</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_BuildingsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3264" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_BuildingsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag2859" decimals="-3" scale="3" format="ixt:num-dot-decimal">58,158</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_BuildingsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3194" decimals="-3" scale="3" format="ixt:num-dot-decimal">187</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_BuildingsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2851" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">4,681</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_BuildingsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag2977" decimals="-3" scale="3" format="ixt:num-dot-decimal">893</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_BuildingsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:RetirementsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3161" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,679</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_BuildingsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2858" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">793,835</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Leasehold improvements </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20181231_LeaseholdImprovementsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag25" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">558,042</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_LeaseholdImprovementsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3258" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_LeaseholdImprovementsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3240" decimals="-3" scale="3" format="ixt:num-dot-decimal">84,664</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_LeaseholdImprovementsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag7141" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,040</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_LeaseholdImprovementsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3372" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">26,291</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_LeaseholdImprovementsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag3207" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">4</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_LeaseholdImprovementsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:RetirementsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2882" xsi:nil="true"></ix:nonFraction>&#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_LeaseholdImprovementsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2845" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">614,379</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Machinery and equipment </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20181231_MachineryMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2787" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">2,969,209</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_MachineryMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2853" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_MachineryMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3109" decimals="-3" scale="3" format="ixt:num-dot-decimal">298,767</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_MachineryMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3323" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,983</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_MachineryMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3017" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">3,510</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_MachineryMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag3032" decimals="-3" scale="3" format="ixt:num-dot-decimal">16,340</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_MachineryMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:RetirementsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3280" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">13,516</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_MachineryMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3160" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">3,231,627</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 34px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Automotive fuel/lubricant distribution equipment and facilities </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 34px; background-color: #cceeff; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20181231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2766" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,657,608</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3252" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag2830" decimals="-3" scale="3" format="ixt:num-dot-decimal">159,961</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3309" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3287" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">50,691</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag3144" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:RetirementsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3400" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2930" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,766,878</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.43062%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> LPG tanks and bottles </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20181231_LPGTanksAndBottlesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3188" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">401,056</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_LPGTanksAndBottlesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2996" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_LPGTanksAndBottlesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag2764" decimals="-3" scale="3" format="ixt:num-dot-decimal">57,890</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_LPGTanksAndBottlesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3199" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,467</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_LPGTanksAndBottlesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3082" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">28,925</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_LPGTanksAndBottlesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag3162" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_LPGTanksAndBottlesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:RetirementsPropertyPlantAndEquipment" unitRef="BRL" id="Tag26" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_LPGTanksAndBottlesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3306" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">425,554</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Vehicles </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20181231_VehiclesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3056" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">123,650</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_VehiclesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag7145" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_VehiclesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3135" decimals="-3" scale="3" format="ixt:num-dot-decimal">27,106</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_VehiclesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag2828" decimals="-3" scale="3" format="ixt:num-dot-decimal">28</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_VehiclesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2970" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">11,274</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_VehiclesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag2940" decimals="-3" scale="3" format="ixt:num-dot-decimal">311</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_VehiclesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:RetirementsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3249" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">98</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_VehiclesMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3010" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">139,045</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Furniture and utensils </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20181231_FixturesAndFittingsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3045" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">155,339</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_FixturesAndFittingsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3024" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_FixturesAndFittingsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3014" decimals="-3" scale="3" format="ixt:num-dot-decimal">18,944</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_FixturesAndFittingsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3386" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">12</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_FixturesAndFittingsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2913" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">2,280</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_FixturesAndFittingsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag3117" decimals="-3" scale="3" format="ixt:num-dot-decimal">204</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_FixturesAndFittingsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:RetirementsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3129" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">336</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_FixturesAndFittingsMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3413" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">171,475</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> IT equipment </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 8.83191%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20181231_ITEquipmentMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2914" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">288,083</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 8.26211%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_ITEquipmentMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3313" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 9.40171%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_ITEquipmentMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag2814" decimals="-3" scale="3" format="ixt:num-dot-decimal">34,782</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 6.69516%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_ITEquipmentMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3022" decimals="-3" scale="3" format="ixt:num-dot-decimal">50</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 6.98006%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_ITEquipmentMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3282" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">5,061</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 7.12251%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_ITEquipmentMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag3229" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">309</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 6.26781%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_ITEquipmentMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:RetirementsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3013" xsi:nil="true"></ix:nonFraction>&#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 8.83191%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_ITEquipmentMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3005" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">318,063</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Construction in progress </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 8.83191%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20181231_ConstructionInProgressMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2864" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">6,896,104</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 8.26211%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_ConstructionInProgressMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3283" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 9.40171%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_ConstructionInProgressMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag2917" decimals="-3" scale="3" format="ixt:num-dot-decimal">740,272</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 6.69516%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_ConstructionInProgressMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3158" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,743</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 6.98006%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_ConstructionInProgressMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3270" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">132,713</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 7.12251%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_ConstructionInProgressMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag3410" decimals="-3" scale="3" format="ixt:num-dot-decimal">17,435</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 6.26781%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_ConstructionInProgressMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:RetirementsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3190" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">15,629</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 8.83191%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_ConstructionInProgressMember_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3284" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">7,460,856</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Provision for losses: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Advances to suppliers </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20181231_AdvancesToSuppliersMember_AccumulatedImpairmentMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2972" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">83</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_AdvancesToSuppliersMember_AccumulatedImpairmentMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3145" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">27</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AdvancesToSuppliersMember_AccumulatedImpairmentMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3108" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AdvancesToSuppliersMember_AccumulatedImpairmentMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag2975" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AdvancesToSuppliersMember_AccumulatedImpairmentMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag7134" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AdvancesToSuppliersMember_AccumulatedImpairmentMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag3050" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AdvancesToSuppliersMember_AccumulatedImpairmentMember" name="ifrs-full:RetirementsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2825" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_AdvancesToSuppliersMember_AccumulatedImpairmentMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3362" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">110</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Buildings </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20181231_BuildingsMember_AccumulatedImpairmentMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3272" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">306</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_BuildingsMember_AccumulatedImpairmentMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3365" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_BuildingsMember_AccumulatedImpairmentMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3381" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_BuildingsMember_AccumulatedImpairmentMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3305" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_BuildingsMember_AccumulatedImpairmentMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3383" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_BuildingsMember_AccumulatedImpairmentMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag3398" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_BuildingsMember_AccumulatedImpairmentMember" name="ifrs-full:RetirementsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3456" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">306</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="I20191231_BuildingsMember_AccumulatedImpairmentMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3392" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Land </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20181231_LandMember_AccumulatedImpairmentMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2976" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">827</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_LandMember_AccumulatedImpairmentMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2974" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_LandMember_AccumulatedImpairmentMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag2954" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_LandMember_AccumulatedImpairmentMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3447" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_LandMember_AccumulatedImpairmentMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2780" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_LandMember_AccumulatedImpairmentMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag2880" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_LandMember_AccumulatedImpairmentMember" name="ifrs-full:RetirementsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2905" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">681</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_LandMember_AccumulatedImpairmentMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3042" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">146</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Leasehold improvements </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20181231_LeaseholdImprovementsMember_AccumulatedImpairmentMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3064" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,385</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_LeaseholdImprovementsMember_AccumulatedImpairmentMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3219" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,528</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_LeaseholdImprovementsMember_AccumulatedImpairmentMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3177" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_LeaseholdImprovementsMember_AccumulatedImpairmentMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3006" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_LeaseholdImprovementsMember_AccumulatedImpairmentMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3023" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">111</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_LeaseholdImprovementsMember_AccumulatedImpairmentMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag3332" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,203</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_LeaseholdImprovementsMember_AccumulatedImpairmentMember" name="ifrs-full:RetirementsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2878" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_LeaseholdImprovementsMember_AccumulatedImpairmentMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2849" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,599</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 33px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Machinery and equipment </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 33px; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20181231_MachineryMember_AccumulatedImpairmentMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3259" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">6,117</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_MachineryMember_AccumulatedImpairmentMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3310" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_MachineryMember_AccumulatedImpairmentMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag2805" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_MachineryMember_AccumulatedImpairmentMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3185" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_MachineryMember_AccumulatedImpairmentMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3051" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">769</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_MachineryMember_AccumulatedImpairmentMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag3156" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,138</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_MachineryMember_AccumulatedImpairmentMember" name="ifrs-full:RetirementsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3452" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,335</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_MachineryMember_AccumulatedImpairmentMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3333" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">2,875</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.43062%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 34px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Automotive fuel/lubricant distribution equipment and facilities </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 34px; background-color: #cceeff; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20181231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedImpairmentMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3140" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">165</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedImpairmentMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2938" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedImpairmentMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag2960" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedImpairmentMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag2836" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedImpairmentMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2973" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">67</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedImpairmentMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag3234" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedImpairmentMember" name="ifrs-full:RetirementsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3360" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedImpairmentMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3303" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">98</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.43062%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Construction in progress </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20181231_ConstructionInProgressMember_AccumulatedImpairmentMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2944" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">38</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_ConstructionInProgressMember_AccumulatedImpairmentMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3143" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_ConstructionInProgressMember_AccumulatedImpairmentMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag2952" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_ConstructionInProgressMember_AccumulatedImpairmentMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3359" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_ConstructionInProgressMember_AccumulatedImpairmentMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2767" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_ConstructionInProgressMember_AccumulatedImpairmentMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag3342" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_ConstructionInProgressMember_AccumulatedImpairmentMember" name="ifrs-full:RetirementsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3271" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">38</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="I20191231_ConstructionInProgressMember_AccumulatedImpairmentMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2957" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Furniture and utensils </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 8.83191%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20181231_FixturesAndFittingsMember_AccumulatedImpairmentMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3242" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">70</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 8.26211%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_FixturesAndFittingsMember_AccumulatedImpairmentMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3073" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 9.40171%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_FixturesAndFittingsMember_AccumulatedImpairmentMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3035" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 6.69516%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_FixturesAndFittingsMember_AccumulatedImpairmentMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag2807" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 6.98006%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_FixturesAndFittingsMember_AccumulatedImpairmentMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3113" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 7.12251%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_FixturesAndFittingsMember_AccumulatedImpairmentMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag3200" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 6.26781%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_FixturesAndFittingsMember_AccumulatedImpairmentMember" name="ifrs-full:RetirementsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3334" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">69</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 8.83191%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="I20191231_FixturesAndFittingsMember_AccumulatedImpairmentMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2831" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 8.83191%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20181231_AccumulatedImpairmentMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3101" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">8,991</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 8.26211%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_AccumulatedImpairmentMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag7157" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,555</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 9.40171%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AccumulatedImpairmentMember" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3072" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 6.69516%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AccumulatedImpairmentMember" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag2941" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 6.98006%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_AccumulatedImpairmentMember" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3099" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">948</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 7.12251%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_AccumulatedImpairmentMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag2804" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,341</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 6.26781%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_AccumulatedImpairmentMember" name="ifrs-full:RetirementsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3206" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">2,429</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 8.83191%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_AccumulatedImpairmentMember" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2933" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">4,828</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 14.245%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net amount </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.7094%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 8.83191%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20181231" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag3349" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,278,865</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 8.26211%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" unitRef="BRL" id="Tag2877" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,049,525</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 9.40171%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231" name="ifrs-full:DepreciationPropertyPlantAndEquipment" unitRef="BRL" id="Tag3123" decimals="-3" scale="3" format="ixt:num-dot-decimal">740,272</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 6.69516%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231" name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" unitRef="BRL" id="Tag3098" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">11,070</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 6.98006%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231" name="ifrs-full:DisposalsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3141" decimals="-3" scale="3" format="ixt:num-dot-decimal">51,690</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 7.12251%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" unitRef="BRL" id="Tag3433" decimals="-3" scale="3" format="ixt:num-dot-decimal">45,968</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 6.26781%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ifrs-full:RetirementsPropertyPlantAndEquipment" unitRef="BRL" id="Tag3019" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,436</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 8.83191%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231" name="ifrs-full:PropertyPlantAndEquipment" unitRef="BRL" id="Tag2947" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,572,762</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 12pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">(i) <ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote45" continuedAt="c58d70ab0-8f02-44ab-99fb-ba28f819fa3c">Refers to amounts transferred to intangible assets, inventories and right</ix:footnote></span><ix:continuation id="c58d70ab0-8f02-44ab-99fb-ba28f819fa3c"><span style="font-family: 'Times New Roman';">-of-</span><span style="font-family: 'Times New Roman';">use assets.</span></ix:continuation></span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(*) <ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote46">Refers to the asset write-offs of Oxiteno Andina.</ix:footnote></span></p>
</ix:nonNumeric>
<div>
<ix:exclude>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><br/></p>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-77</span></td>
</tr>
</tbody>
</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
</ix:exclude>
</div>
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><br/></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Construction in progress relates substantially to expansions, renovations, constructions and upgrade of industrial facilities, terminals, stores, service stations and distribution bases.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Advances to suppliers is related, basically, to manufacturing of assets for expansion of plants, terminals, stores, service stations and bases and acquisition of real estate.&#160;&#160;</span></p>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</div>
</div><div id="Normadiv273" style="font-family: 'times new roman', times; font-size: 10pt;">
<div>
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:DisclosureOfIntangibleAssetsAndGoodwillExplanatory" id="Tag6916" escape="true">
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;"><span style="border-left: none; border-right: none;">16</span>. </span><span style="font-weight: bold;">Intangible </span><span style="font-weight: bold;">a</span><span style="font-weight: bold;">ssets</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory" id="Tag6915" escape="true">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Balances and changes in intangible assets are as follows:&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div style="border-left: none; border-right: none;">
<table cellpadding="0" style="height: 434px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 70px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 70px; width: 17.7515%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; width: 6.6568%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Weighted average useful life (years) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; border-bottom: 1px solid #000000; width: 8.72781%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; border-bottom: 1px solid #000000; width: 7.10059%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Additions </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; border-bottom: 1px solid #000000; width: 9.1716%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Amortization </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.887574%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; border-bottom: 1px solid #000000; width: 5.76923%;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-family: 'times new roman', times;"><span style="font-weight: bold;"> Transfer (i)</span> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; border-bottom: 1px solid #000000; width: 7.24852%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Write-offs and disposals </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.887574%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; border-bottom: 1px solid #000000; width: 6.50888%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Effect of foreign currency exchange rate variation </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.8285%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; border-bottom: 1px solid #000000; width: 10.6509%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Reclassification to assets held for sale (ii) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.919118%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; border-bottom: 1px solid #000000; width: 8.13609%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.97561%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Cost: </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.72781%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.10059%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.1716%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.76923%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.24852%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.50888%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.6509%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.13609%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 17.7515%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Goodwill (a) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.6568%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.72781%; text-align: right; border-bottom-width: 1px;"><span style="border-left: none; border-right: none;"><ix:nonFraction contextRef="I20201231_GrossCarryingAmountMember_GoodwillMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3753" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,525,088</ix:nonFraction></span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.10059%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_GoodwillMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3966" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.1716%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_GoodwillMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag4145" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.76923%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_GoodwillMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3742" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.24852%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_GoodwillMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3757" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.50888%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_GoodwillMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3570" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.8285%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.6509%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_GoodwillMember" name="ifrs-full:DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3574" decimals="-3" scale="3" format="ixt:num-dot-decimal">706,992</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.919118%; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.13609%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_GrossCarryingAmountMember_GoodwillMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3503" decimals="-3" scale="3" format="ixt:num-dot-decimal">818,096</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.97561%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Software (b) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_GrossCarryingAmountMember_ComputerSoftwareMember" name="ifrs-full:UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill" id="Tag3675" format="ixt-sec:duryear">4</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.72781%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_GrossCarryingAmountMember_ComputerSoftwareMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3597" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,395,046</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.10059%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_ComputerSoftwareMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3663" decimals="-3" scale="3" format="ixt:num-dot-decimal">284,311</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.1716%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_ComputerSoftwareMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag4119" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.76923%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_ComputerSoftwareMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag11" decimals="-3" scale="3" format="ixt:num-dot-decimal">372</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.24852%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_ComputerSoftwareMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag4006" decimals="-3" scale="3" format="ixt:num-dot-decimal">19,826</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.50888%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_ComputerSoftwareMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3754" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,808</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.6509%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_ComputerSoftwareMember" name="ifrs-full:DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3538" decimals="-3" scale="3" format="ixt:num-dot-decimal">514,731</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.13609%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_GrossCarryingAmountMember_ComputerSoftwareMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3499" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,146,980</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 17.7515%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Technology (c) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.6568%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.72781%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_GrossCarryingAmountMember_TechnologybasedIntangibleAssetsMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3545" decimals="-3" scale="3" format="ixt:num-dot-decimal">32,617</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.10059%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_TechnologybasedIntangibleAssetsMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3693" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.1716%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_TechnologybasedIntangibleAssetsMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag4103" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.76923%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_TechnologybasedIntangibleAssetsMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3775" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.24852%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_TechnologybasedIntangibleAssetsMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3659" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.50888%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_TechnologybasedIntangibleAssetsMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3842" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.8285%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.6509%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_TechnologybasedIntangibleAssetsMember" name="ifrs-full:DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag286" decimals="-3" scale="3" format="ixt:num-dot-decimal">32,617</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.919118%; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.13609%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_GrossCarryingAmountMember_TechnologybasedIntangibleAssetsMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag8" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.97561%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Distribution rights </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_GrossCarryingAmountMember_DistributionRightsAssetMember" name="ifrs-full:UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill" id="Tag290" format="ixt-sec:duryear">12</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.72781%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_GrossCarryingAmountMember_DistributionRightsAssetMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3818" decimals="-3" scale="3" format="ixt:num-dot-decimal">133,599</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.10059%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_DistributionRightsAssetMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3592" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.1716%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_DistributionRightsAssetMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3825" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.76923%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_DistributionRightsAssetMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3516" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.24852%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_DistributionRightsAssetMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3891" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.50888%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_DistributionRightsAssetMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3692" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.6509%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_DistributionRightsAssetMember" name="ifrs-full:DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3537" decimals="-3" scale="3" format="ixt:num-dot-decimal">19,006</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.13609%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_GrossCarryingAmountMember_DistributionRightsAssetMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3721" decimals="-3" scale="3" format="ixt:num-dot-decimal">114,593</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 17.7515%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Brands (d) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.6568%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.72781%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_GrossCarryingAmountMember_BrandNamesMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3645" decimals="-3" scale="3" format="ixt:num-dot-decimal">136,962</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.10059%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_BrandNamesMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag7" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.1716%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_BrandNamesMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3773" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.76923%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_BrandNamesMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3961" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.24852%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_BrandNamesMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3949" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.50888%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_BrandNamesMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3519" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,759</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.8285%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.6509%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_BrandNamesMember" name="ifrs-full:DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag20" decimals="-3" scale="3" format="ixt:num-dot-decimal">72,523</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.919118%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.13609%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_GrossCarryingAmountMember_BrandNamesMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3850" decimals="-3" scale="3" format="ixt:num-dot-decimal">69,198</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.97561%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Trademark rights (d) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_GrossCarryingAmountMember_TrademarkRightsMember" name="ifrs-full:UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill" id="Tag3616" format="ixt-sec:duryear">39</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.72781%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_GrossCarryingAmountMember_TrademarkRightsMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3724" decimals="-3" scale="3" format="ixt:num-dot-decimal">114,792</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.10059%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_TrademarkRightsMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3824" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.1716%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_TrademarkRightsMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3678" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.76923%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_TrademarkRightsMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag5989" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.24852%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_TrademarkRightsMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3749" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.50888%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_TrademarkRightsMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3528" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.6509%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_TrademarkRightsMember" name="ifrs-full:DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3903" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.13609%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_GrossCarryingAmountMember_TrademarkRightsMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3916" decimals="-3" scale="3" format="ixt:num-dot-decimal">114,792</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 17.7515%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Others (e) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 6.6568%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_GrossCarryingAmountMember_OtherIntangibleAssetsMember" name="ifrs-full:UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill" id="Tag299" format="ixt-sec:duryear">10</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 8.72781%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_GrossCarryingAmountMember_OtherIntangibleAssetsMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3567" decimals="-3" scale="3" format="ixt:num-dot-decimal">50,698</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.10059%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_OtherIntangibleAssetsMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3756" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,678</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 9.1716%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_OtherIntangibleAssetsMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3765" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 5.76923%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_OtherIntangibleAssetsMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3525" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.24852%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_OtherIntangibleAssetsMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3562" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 6.50888%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_OtherIntangibleAssetsMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3947" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">76</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.8285%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 10.6509%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_OtherIntangibleAssetsMember" name="ifrs-full:DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3940" decimals="-3" scale="3" format="ixt:num-dot-decimal">51,879</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.919118%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 8.13609%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_GrossCarryingAmountMember_OtherIntangibleAssetsMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3845" decimals="-3" scale="3" format="ixt:num-dot-decimal">421</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.97561%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Decarbonization credits (f) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.72781%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_GrossCarryingAmountMember_DecarbonizationCreditsMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3801" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.10059%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_DecarbonizationCreditsMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3686" decimals="-3" scale="3" format="ixt:num-dot-decimal">176,837</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.1716%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_DecarbonizationCreditsMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3875" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.76923%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_DecarbonizationCreditsMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3635" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.24852%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_DecarbonizationCreditsMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag4124" decimals="-3" scale="3" format="ixt:num-dot-decimal">176,837</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.50888%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_DecarbonizationCreditsMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3492" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.6509%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember_DecarbonizationCreditsMember" name="ifrs-full:DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3789" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.13609%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_GrossCarryingAmountMember_DecarbonizationCreditsMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3727" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 17.7515%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.6568%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 8.72781%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_GrossCarryingAmountMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3683" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,388,802</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 7.10059%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3963" decimals="-3" scale="3" format="ixt:num-dot-decimal">462,826</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 9.1716%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3860" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 5.76923%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3805" decimals="-3" scale="3" format="ixt:num-dot-decimal">372</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 7.24852%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3782" decimals="-3" scale="3" format="ixt:num-dot-decimal">196,663</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 6.50888%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3666" decimals="-3" scale="3" format="ixt:num-dot-decimal">6,491</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.8285%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 10.6509%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_GrossCarryingAmountMember" name="ifrs-full:DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3508" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,397,748</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.919118%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 8.13609%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_GrossCarryingAmountMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3600" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,264,080</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.97561%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Accumulated amortization: </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.72781%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.10059%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.1716%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.76923%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.24852%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.50888%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.6509%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.13609%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 17.7515%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Software </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.6568%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.72781%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_AccumulatedDepreciationAndAmortisationMember_ComputerSoftwareMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3583" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">825,024</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.10059%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_ComputerSoftwareMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3886" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.1716%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_ComputerSoftwareMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3522" decimals="-3" scale="3" format="ixt:num-dot-decimal">206,025</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.76923%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_ComputerSoftwareMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3518" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">203</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.24852%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_ComputerSoftwareMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3950" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">19,329</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.50888%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_ComputerSoftwareMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3769" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,566</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.8285%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.6509%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_ComputerSoftwareMember" name="ifrs-full:DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag4142" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">334,087</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.919118%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.13609%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231_AccumulatedDepreciationAndAmortisationMember_ComputerSoftwareMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3673" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">679,402</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.97561%;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Technology </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.72781%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_AccumulatedDepreciationAndAmortisationMember_TechnologybasedIntangibleAssetsMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3482" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">32,616</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.10059%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_TechnologybasedIntangibleAssetsMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3479" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.1716%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_TechnologybasedIntangibleAssetsMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3527" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.76923%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_TechnologybasedIntangibleAssetsMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3552" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.24852%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_TechnologybasedIntangibleAssetsMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3787" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.50888%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_TechnologybasedIntangibleAssetsMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3791" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.6509%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_TechnologybasedIntangibleAssetsMember" name="ifrs-full:DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3568" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">32,616</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.13609%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_AccumulatedDepreciationAndAmortisationMember_TechnologybasedIntangibleAssetsMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3646" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 17.7515%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Distribution rights </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.6568%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.72781%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_AccumulatedDepreciationAndAmortisationMember_DistributionRightsAssetMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3908" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">113,326</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.10059%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_DistributionRightsAssetMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3582" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.1716%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_DistributionRightsAssetMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3829" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,093</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.76923%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_DistributionRightsAssetMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3740" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.24852%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_DistributionRightsAssetMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3631" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.50888%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_DistributionRightsAssetMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3887" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.8285%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.6509%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_DistributionRightsAssetMember" name="ifrs-full:DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3614" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">15,392</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.919118%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.13609%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231_AccumulatedDepreciationAndAmortisationMember_DistributionRightsAssetMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3557" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">101,027</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.97561%;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Trademark rights </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.72781%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_AccumulatedDepreciationAndAmortisationMember_TrademarkRightsMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3826" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">9,056</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.10059%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_TrademarkRightsMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3914" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.1716%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_TrademarkRightsMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag4143" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,937</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.76923%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_TrademarkRightsMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3691" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.24852%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_TrademarkRightsMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3792" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.50888%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_TrademarkRightsMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3515" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.6509%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_TrademarkRightsMember" name="ifrs-full:DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag151" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.13609%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231_AccumulatedDepreciationAndAmortisationMember_TrademarkRightsMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3551" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">11,993</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 17.7515%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.6568%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.72781%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_AccumulatedDepreciationAndAmortisationMember_OtherIntangibleAssetsMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3636" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">32,845</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.10059%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_OtherIntangibleAssetsMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3626" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.1716%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_OtherIntangibleAssetsMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag4116" decimals="-3" scale="3" format="ixt:num-dot-decimal">167</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.76923%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_OtherIntangibleAssetsMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3774" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.24852%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_OtherIntangibleAssetsMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3652" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.50888%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_OtherIntangibleAssetsMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag4107" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">2</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.8285%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.6509%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember_OtherIntangibleAssetsMember" name="ifrs-full:DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag4110" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">32,612</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.919118%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.13609%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231_AccumulatedDepreciationAndAmortisationMember_OtherIntangibleAssetsMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3660" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">402</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.97561%;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 8.72781%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3682" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,012,867</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 7.10059%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3477" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 9.1716%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3598" decimals="-3" scale="3" format="ixt:num-dot-decimal">212,222</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 5.76923%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag21" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">203</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 7.24852%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag4004" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">19,329</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 6.50888%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3661" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,568</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 10.6509%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag6932" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">414,707</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 8.13609%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3800" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">792,824</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;">)</td>
</tr>
<tr style="height: 13px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 17.7515%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Provision for losses and impairment: </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 6.6568%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 8.72781%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 7.10059%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 9.1716%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.887574%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 5.76923%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 7.24852%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.887574%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 6.50888%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.8285%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 10.6509%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.919118%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 8.13609%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.97561%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Goodwill (a) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.72781%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_AccumulatedImpairmentMember_GoodwillMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3856" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">593,280</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.10059%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_AccumulatedImpairmentMember_GoodwillMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3669" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">68,273</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.1716%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AccumulatedImpairmentMember_GoodwillMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3902" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.76923%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AccumulatedImpairmentMember_GoodwillMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3880" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.24852%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AccumulatedImpairmentMember_GoodwillMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag4106" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.50888%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AccumulatedImpairmentMember_GoodwillMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3772" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.6509%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_AccumulatedImpairmentMember_GoodwillMember" name="ifrs-full:DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3565" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">661,553</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.13609%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_AccumulatedImpairmentMember_GoodwillMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3844" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 17.7515%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Distribution rights </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.6568%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.72781%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_DistributionRightsAssetMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag295" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.10059%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_AccumulatedImpairmentMember_DistributionRightsAssetMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3540" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">76,218</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.1716%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AccumulatedImpairmentMember_DistributionRightsAssetMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3806" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.76923%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AccumulatedImpairmentMember_DistributionRightsAssetMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3738" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.24852%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AccumulatedImpairmentMember_DistributionRightsAssetMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3938" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.50888%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AccumulatedImpairmentMember_DistributionRightsAssetMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3671" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.8285%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.6509%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_AccumulatedImpairmentMember_DistributionRightsAssetMember" name="ifrs-full:DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag4118" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">76,218</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.919118%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.13609%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_AccumulatedImpairmentMember_DistributionRightsAssetMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag4002" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.97561%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 8.72781%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_AccumulatedImpairmentMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3539" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">593,280</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 7.10059%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_AccumulatedImpairmentMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag12" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">144,491</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 9.1716%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AccumulatedImpairmentMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag293" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 5.76923%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AccumulatedImpairmentMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3859" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 7.24852%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AccumulatedImpairmentMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3490" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 6.50888%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_AccumulatedImpairmentMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3877" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 10.6509%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_AccumulatedImpairmentMember" name="ifrs-full:DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3994" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">737,771</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 8.13609%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_AccumulatedImpairmentMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3853" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 17.7515%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Net amount </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 6.6568%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 8.72781%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3716" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,782,655</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 7.10059%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag4105" decimals="-3" scale="3" format="ixt:num-dot-decimal">318,335</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 9.1716%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3917" decimals="-3" scale="3" format="ixt:num-dot-decimal">212,222</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.887574%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 5.76923%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3915" decimals="-3" scale="3" format="ixt:num-dot-decimal">169</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 7.24852%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag4007" decimals="-3" scale="3" format="ixt:num-dot-decimal">177,334</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.887574%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 6.50888%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3729" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,923</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.8285%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 10.6509%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3717" decimals="-3" scale="3" format="ixt:num-dot-decimal">245,270</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.919118%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 8.13609%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3535" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,471,256</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.97561%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><br/></span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">(i) <ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote55">Refers to amounts transferred from PP&amp;E.</ix:footnote></span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">(ii) <ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote54"><span style="border-left: none; border-right: none;">For further information, see Note <span style="border-left: none; border-right: none;">3</span>.c.<span style="border-left: none; border-right: none;">1</span>.</span></ix:footnote></span></p>
<ix:exclude>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><br/></p>
<div>
<div style="border-left: none; border-right: none;">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-78</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
</ix:exclude>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><br/></p>
<div style="border-left: none; border-right: none;">
<table cellpadding="0" style="height: 431px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 37px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 37px; width: 16.035%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Weighted average useful life (years) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 37px; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2019 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 37px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Additions </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 37px; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Amortization </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 37px; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt; font-family: 'times new roman', times;"><span style="font-weight: bold;"> Transfer (i)</span> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 37px; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Write-offs and disposals </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 37px; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Effect of foreign currency exchange rate variation </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 37px; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2020 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Cost: </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.035%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Goodwill (a) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_GrossCarryingAmountMember_GoodwillMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3621" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,525,088</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_GoodwillMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3814" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_GoodwillMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3748" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_GoodwillMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3964" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_GoodwillMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3640" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_GoodwillMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3848" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_GrossCarryingAmountMember_GoodwillMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3851" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,525,088</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Software (b) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_GrossCarryingAmountMember_ComputerSoftwareMember" name="ifrs-full:UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill" id="Tag294" format="ixt-sec:duryear">4</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_GrossCarryingAmountMember_ComputerSoftwareMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag152" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,210,529</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_ComputerSoftwareMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag6926" decimals="-3" scale="3" format="ixt:num-dot-decimal">184,027</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_ComputerSoftwareMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3639" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_ComputerSoftwareMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag4104" decimals="-3" scale="3" format="ixt:num-dot-decimal">993</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_ComputerSoftwareMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag6939" decimals="-3" scale="3" format="ixt:num-dot-decimal">6,633</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_ComputerSoftwareMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3972" decimals="-3" scale="3" format="ixt:num-dot-decimal">6,130</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_GrossCarryingAmountMember_ComputerSoftwareMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3798" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,395,046</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.035%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Technology (c) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_GrossCarryingAmountMember_TechnologybasedIntangibleAssetsMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag4101" decimals="-3" scale="3" format="ixt:num-dot-decimal">32,617</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_TechnologybasedIntangibleAssetsMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3962" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_TechnologybasedIntangibleAssetsMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3595" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_TechnologybasedIntangibleAssetsMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag2147" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_TechnologybasedIntangibleAssetsMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag6923" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_TechnologybasedIntangibleAssetsMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3778" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_GrossCarryingAmountMember_TechnologybasedIntangibleAssetsMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag153" decimals="-3" scale="3" format="ixt:num-dot-decimal">32,617</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Commercial property rights </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_GrossCarryingAmountMember_CommercialPropertyRightsMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3788" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,934</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_CommercialPropertyRightsMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3468" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_CommercialPropertyRightsMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3493" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_CommercialPropertyRightsMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag157" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_CommercialPropertyRightsMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3945" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,934</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_CommercialPropertyRightsMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag4128" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_GrossCarryingAmountMember_CommercialPropertyRightsMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3510" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.035%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Distribution rights </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_GrossCarryingAmountMember_DistributionRightsAssetMember" name="ifrs-full:UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill" id="Tag6937" format="ixt-sec:duryear">10</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_GrossCarryingAmountMember_DistributionRightsAssetMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag6" decimals="-3" scale="3" format="ixt:num-dot-decimal">133,599</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_DistributionRightsAssetMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3560" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_DistributionRightsAssetMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3654" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_DistributionRightsAssetMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3524" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_DistributionRightsAssetMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3714" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_DistributionRightsAssetMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3642" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_GrossCarryingAmountMember_DistributionRightsAssetMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3861" decimals="-3" scale="3" format="ixt:num-dot-decimal">133,599</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Brands (d) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_GrossCarryingAmountMember_BrandNamesMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3763" decimals="-3" scale="3" format="ixt:num-dot-decimal">122,504</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_BrandNamesMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag6935" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_BrandNamesMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag4121" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_BrandNamesMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag4009" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_BrandNamesMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3784" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_BrandNamesMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3879" decimals="-3" scale="3" format="ixt:num-dot-decimal">14,458</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_GrossCarryingAmountMember_BrandNamesMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3690" decimals="-3" scale="3" format="ixt:num-dot-decimal">136,962</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.035%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Trademark rights (d) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_GrossCarryingAmountMember_TrademarkRightsMember" name="ifrs-full:UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill" id="Tag3944" format="ixt-sec:duryear">39</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_GrossCarryingAmountMember_TrademarkRightsMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3633" decimals="-3" scale="3" format="ixt:num-dot-decimal">114,792</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_TrademarkRightsMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3970" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_TrademarkRightsMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3768" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_TrademarkRightsMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3495" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_TrademarkRightsMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3888" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_TrademarkRightsMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3808" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_GrossCarryingAmountMember_TrademarkRightsMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3536" decimals="-3" scale="3" format="ixt:num-dot-decimal">114,792</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Others (e) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_GrossCarryingAmountMember_OtherIntangibleAssetsMember" name="ifrs-full:UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill" id="Tag3533" format="ixt-sec:duryear">10</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_GrossCarryingAmountMember_OtherIntangibleAssetsMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3958" decimals="-3" scale="3" format="ixt:num-dot-decimal">44,900</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_OtherIntangibleAssetsMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3823" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,040</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_OtherIntangibleAssetsMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3952" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_OtherIntangibleAssetsMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3761" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_OtherIntangibleAssetsMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3760" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_OtherIntangibleAssetsMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3689" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,758</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_GrossCarryingAmountMember_OtherIntangibleAssetsMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3779" decimals="-3" scale="3" format="ixt:num-dot-decimal">50,698</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.035%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Decarbonization credits (f) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20191231_GrossCarryingAmountMember_DecarbonizationCreditsMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3512" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_DecarbonizationCreditsMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3573" decimals="-3" scale="3" format="ixt:num-dot-decimal">125,345</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_DecarbonizationCreditsMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3967" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_DecarbonizationCreditsMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3629" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,058</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_DecarbonizationCreditsMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3959" decimals="-3" scale="3" format="ixt:num-dot-decimal">124,287</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember_DecarbonizationCreditsMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag6933" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_GrossCarryingAmountMember_DecarbonizationCreditsMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3613" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 8.30904%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_GrossCarryingAmountMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag15" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,191,963</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7.72595%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3590" decimals="-3" scale="3" format="ixt:num-dot-decimal">310,412</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 10.2041%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3884" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 6.41399%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3588" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">65</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7.28863%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3941" decimals="-3" scale="3" format="ixt:num-dot-decimal">138,854</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7.4344%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3606" decimals="-3" scale="3" format="ixt:num-dot-decimal">25,346</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 8.60058%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_GrossCarryingAmountMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3596" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,388,802</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.035%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Accumulated amortization: </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Software </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_AccumulatedDepreciationAndAmortisationMember_ComputerSoftwareMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3900" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">648,861</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_AccumulatedDepreciationAndAmortisationMember_ComputerSoftwareMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3547" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_AccumulatedDepreciationAndAmortisationMember_ComputerSoftwareMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag4111" decimals="-3" scale="3" format="ixt:num-dot-decimal">175,144</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_AccumulatedDepreciationAndAmortisationMember_ComputerSoftwareMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag4011" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_AccumulatedDepreciationAndAmortisationMember_ComputerSoftwareMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3591" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">3,375</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_AccumulatedDepreciationAndAmortisationMember_ComputerSoftwareMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3736" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">4,394</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_AccumulatedDepreciationAndAmortisationMember_ComputerSoftwareMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag4144" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">825,024</ix:nonFraction>) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.035%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Technology </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_AccumulatedDepreciationAndAmortisationMember_TechnologybasedIntangibleAssetsMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3892" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">32,616</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_AccumulatedDepreciationAndAmortisationMember_TechnologybasedIntangibleAssetsMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3857" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_AccumulatedDepreciationAndAmortisationMember_TechnologybasedIntangibleAssetsMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3534" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_AccumulatedDepreciationAndAmortisationMember_TechnologybasedIntangibleAssetsMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3644" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_AccumulatedDepreciationAndAmortisationMember_TechnologybasedIntangibleAssetsMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3619" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_AccumulatedDepreciationAndAmortisationMember_TechnologybasedIntangibleAssetsMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag298" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_AccumulatedDepreciationAndAmortisationMember_TechnologybasedIntangibleAssetsMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag6927" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">32,616</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Commercial property rights </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_AccumulatedDepreciationAndAmortisationMember_CommercialPropertyRightsMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3561" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">6,384</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_AccumulatedDepreciationAndAmortisationMember_CommercialPropertyRightsMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3587" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_AccumulatedDepreciationAndAmortisationMember_CommercialPropertyRightsMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3822" decimals="-3" scale="3" format="ixt:num-dot-decimal">85</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_AccumulatedDepreciationAndAmortisationMember_CommercialPropertyRightsMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3664" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_AccumulatedDepreciationAndAmortisationMember_CommercialPropertyRightsMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3776" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">6,469</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_AccumulatedDepreciationAndAmortisationMember_CommercialPropertyRightsMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3813" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_AccumulatedDepreciationAndAmortisationMember_CommercialPropertyRightsMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3855" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; text-align: left; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.035%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Distribution rights </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_AccumulatedDepreciationAndAmortisationMember_DistributionRightsAssetMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3815" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">108,932</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_AccumulatedDepreciationAndAmortisationMember_DistributionRightsAssetMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag2136" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_AccumulatedDepreciationAndAmortisationMember_DistributionRightsAssetMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3585" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,394</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_AccumulatedDepreciationAndAmortisationMember_DistributionRightsAssetMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3910" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_AccumulatedDepreciationAndAmortisationMember_DistributionRightsAssetMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3638" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_AccumulatedDepreciationAndAmortisationMember_DistributionRightsAssetMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3555" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_AccumulatedDepreciationAndAmortisationMember_DistributionRightsAssetMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3670" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">113,326</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; text-align: left; width: 1.31195%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Trademark rights </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_AccumulatedDepreciationAndAmortisationMember_TrademarkRightsMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3794" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">6,119</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_AccumulatedDepreciationAndAmortisationMember_TrademarkRightsMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag4125" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_AccumulatedDepreciationAndAmortisationMember_TrademarkRightsMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3620" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,937</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_AccumulatedDepreciationAndAmortisationMember_TrademarkRightsMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3514" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_AccumulatedDepreciationAndAmortisationMember_TrademarkRightsMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3577" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_AccumulatedDepreciationAndAmortisationMember_TrademarkRightsMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3618" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_AccumulatedDepreciationAndAmortisationMember_TrademarkRightsMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3827" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">9,056</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; text-align: left; width: 1.31195%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.035%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_AccumulatedDepreciationAndAmortisationMember_OtherIntangibleAssetsMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3968" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">32,713</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_AccumulatedDepreciationAndAmortisationMember_OtherIntangibleAssetsMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3548" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_AccumulatedDepreciationAndAmortisationMember_OtherIntangibleAssetsMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3999" decimals="-3" scale="3" format="ixt:num-dot-decimal">121</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_AccumulatedDepreciationAndAmortisationMember_OtherIntangibleAssetsMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3770" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_AccumulatedDepreciationAndAmortisationMember_OtherIntangibleAssetsMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3720" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_AccumulatedDepreciationAndAmortisationMember_OtherIntangibleAssetsMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3971" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">11</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_AccumulatedDepreciationAndAmortisationMember_OtherIntangibleAssetsMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3901" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">32,845</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; text-align: left; width: 1.31195%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 8.30904%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3820" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">835,625</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7.72595%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3998" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 10.2041%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag4003" decimals="-3" scale="3" format="ixt:num-dot-decimal">182,681</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 6.41399%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3681" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7.28863%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3943" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">9,844</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7.4344%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3668" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">4,405</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 8.60058%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3997" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,012,867</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; text-align: left; width: 1.31195%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 16.035%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Provision for losses and impairment: </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; text-align: left; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Goodwill (a) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_AccumulatedImpairmentMember_GoodwillMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3725" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">593,280</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_AccumulatedImpairmentMember_GoodwillMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3559" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_AccumulatedImpairmentMember_GoodwillMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3485" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_AccumulatedImpairmentMember_GoodwillMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3767" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_AccumulatedImpairmentMember_GoodwillMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3936" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_AccumulatedImpairmentMember_GoodwillMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3523" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_AccumulatedImpairmentMember_GoodwillMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3572" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">593,280</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; text-align: left; width: 1.31195%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.035%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Commercial property rights </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_AccumulatedImpairmentMember_CommercialPropertyRightsMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3623" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">465</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_AccumulatedImpairmentMember_CommercialPropertyRightsMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3593" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_AccumulatedImpairmentMember_CommercialPropertyRightsMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag2138" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_AccumulatedImpairmentMember_CommercialPropertyRightsMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3647" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_AccumulatedImpairmentMember_CommercialPropertyRightsMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3764" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">465</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_AccumulatedImpairmentMember_CommercialPropertyRightsMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag148" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_AccumulatedImpairmentMember_CommercialPropertyRightsMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3939" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; text-align: left; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 8.30904%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_AccumulatedImpairmentMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3513" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">593,745</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7.72595%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_AccumulatedImpairmentMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag4120" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 10.2041%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_AccumulatedImpairmentMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3494" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 6.41399%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_AccumulatedImpairmentMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3589" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7.28863%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_AccumulatedImpairmentMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3641" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">465</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7.4344%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_AccumulatedImpairmentMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3817" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 8.60058%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_AccumulatedImpairmentMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3796" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">593,280</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; text-align: left; width: 1.31195%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 16.035%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Net amount </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3797" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,762,593</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3831" decimals="-3" scale="3" format="ixt:num-dot-decimal">310,412</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3488" decimals="-3" scale="3" format="ixt:num-dot-decimal">182,681</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.45773%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag174" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">65</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31195%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3694" decimals="-3" scale="3" format="ixt:num-dot-decimal">128,545</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31195%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3793" decimals="-3" scale="3" format="ixt:num-dot-decimal">20,941</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3969" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,782,655</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<ix:exclude>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><br/></p>
<div>
<div id="t_ft_G4NVPJNTXS00000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-79</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
</ix:exclude>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><br/></p>
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">(i) <ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote48">Refers to amounts transferred to property, plant and equipment and prepaid expenses.</ix:footnote></span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><br/></p>
<div style="border-left: none; border-right: none;">
<table cellpadding="0" style="height: 469px; border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 70px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 70px; width: 11%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Weighted average useful life (years) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 70px; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2018 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 70px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Adoption IFRS 16 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 70px; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Additions </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 70px; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Amortization </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 70px; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt; font-family: 'times new roman', times;"><span style="font-weight: bold;"> Transfer (i)</span> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 70px; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Write-offs and disposals </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 70px; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Effect of foreign currency exchange rate variation </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 70px; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt; font-family: 'times new roman', times; font-weight: bold;"> Oxiteno Andina (*) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 70px; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2019 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Cost: </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Goodwill (a) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="border-left: none; border-right: none;"> - </span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20181231_GrossCarryingAmountMember_GoodwillMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag300" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,525,088</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.25%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_GoodwillMember" name="ifrs-full:AmountOfReclassificationsOrChangesInPresentation" unitRef="BRL" id="Tag3558" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.125%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_GoodwillMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3795" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.25%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_GoodwillMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3730" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.25%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_GoodwillMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3501" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.125%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_GoodwillMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3603" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.25%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_GoodwillMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3750" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.125%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_GoodwillMember" name="ifrs-full:RetirementsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3579" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.125%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_GrossCarryingAmountMember_GoodwillMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3819" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,525,088</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; width: 1.125%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Software (b) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20191231_GrossCarryingAmountMember_ComputerSoftwareMember" name="ifrs-full:UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill" id="Tag3680" format="ixt-sec:duryear">3</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20181231_GrossCarryingAmountMember_ComputerSoftwareMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3852" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,062,486</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_ComputerSoftwareMember" name="ifrs-full:AmountOfReclassificationsOrChangesInPresentation" unitRef="BRL" id="Tag3489" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_ComputerSoftwareMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3898" decimals="-3" scale="3" format="ixt:num-dot-decimal">145,004</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_ComputerSoftwareMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag6934" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_ComputerSoftwareMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3780" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,553</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_ComputerSoftwareMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3685" decimals="-3" scale="3" format="ixt:num-dot-decimal">784</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_ComputerSoftwareMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3741" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,551</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_ComputerSoftwareMember" name="ifrs-full:RetirementsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3543" decimals="-3" scale="3" format="ixt:num-dot-decimal">281</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_GrossCarryingAmountMember_ComputerSoftwareMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3602" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,210,529</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Technology (c) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20191231_GrossCarryingAmountMember_TechnologybasedIntangibleAssetsMember" name="ifrs-full:UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill" id="Tag155" format="ixt-sec:duryear">5</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20181231_GrossCarryingAmountMember_TechnologybasedIntangibleAssetsMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3751" decimals="-3" scale="3" format="ixt:num-dot-decimal">32,617</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_TechnologybasedIntangibleAssetsMember" name="ifrs-full:AmountOfReclassificationsOrChangesInPresentation" unitRef="BRL" id="Tag3554" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_TechnologybasedIntangibleAssetsMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag288" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_TechnologybasedIntangibleAssetsMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3506" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_TechnologybasedIntangibleAssetsMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3542" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_TechnologybasedIntangibleAssetsMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3650" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_TechnologybasedIntangibleAssetsMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3529" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_TechnologybasedIntangibleAssetsMember" name="ifrs-full:RetirementsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag4012" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_GrossCarryingAmountMember_TechnologybasedIntangibleAssetsMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3500" decimals="-3" scale="3" format="ixt:num-dot-decimal">32,617</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Commercial property rights </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20191231_GrossCarryingAmountMember_CommercialPropertyRightsMember" name="ifrs-full:UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill" id="Tag3625" format="ixt-sec:duryear">10</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20181231_GrossCarryingAmountMember_CommercialPropertyRightsMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3677" decimals="-3" scale="3" format="ixt:num-dot-decimal">64,032</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_CommercialPropertyRightsMember" name="ifrs-full:AmountOfReclassificationsOrChangesInPresentation" unitRef="BRL" id="Tag3504" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">56,114</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_CommercialPropertyRightsMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3771" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,820</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_CommercialPropertyRightsMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag6942" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_CommercialPropertyRightsMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3649" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,401</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_CommercialPropertyRightsMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag6941" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,403</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_CommercialPropertyRightsMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3509" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_CommercialPropertyRightsMember" name="ifrs-full:RetirementsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3684" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_GrossCarryingAmountMember_CommercialPropertyRightsMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3954" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,934</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Distribution rights </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20191231_GrossCarryingAmountMember_DistributionRightsAssetMember" name="ifrs-full:UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill" id="Tag158" format="ixt-sec:duryear">6</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20181231_GrossCarryingAmountMember_DistributionRightsAssetMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3746" decimals="-3" scale="3" format="ixt:num-dot-decimal">142,989</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_DistributionRightsAssetMember" name="ifrs-full:AmountOfReclassificationsOrChangesInPresentation" unitRef="BRL" id="Tag3480" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_DistributionRightsAssetMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3942" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,505</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_DistributionRightsAssetMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3578" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_DistributionRightsAssetMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3955" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">10,895</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_DistributionRightsAssetMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag156" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_DistributionRightsAssetMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag154" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_DistributionRightsAssetMember" name="ifrs-full:RetirementsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag16" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_GrossCarryingAmountMember_DistributionRightsAssetMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3599" decimals="-3" scale="3" format="ixt:num-dot-decimal">133,599</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Brands (d) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="border-left: none; border-right: none;"> - </span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20181231_GrossCarryingAmountMember_BrandNamesMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3541" decimals="-3" scale="3" format="ixt:num-dot-decimal">120,571</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_BrandNamesMember" name="ifrs-full:AmountOfReclassificationsOrChangesInPresentation" unitRef="BRL" id="Tag3550" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_BrandNamesMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag6940" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_BrandNamesMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3665" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_BrandNamesMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3726" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_BrandNamesMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3889" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_BrandNamesMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3847" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,933</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_BrandNamesMember" name="ifrs-full:RetirementsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3951" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_GrossCarryingAmountMember_BrandNamesMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3586" decimals="-3" scale="3" format="ixt:num-dot-decimal">122,504</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Trademark rights (d) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20191231_GrossCarryingAmountMember_TrademarkRightsMember" name="ifrs-full:UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill" id="Tag3624" format="ixt-sec:duryear">35</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20181231_GrossCarryingAmountMember_TrademarkRightsMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag132" decimals="-3" scale="3" format="ixt:num-dot-decimal">114,792</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_TrademarkRightsMember" name="ifrs-full:AmountOfReclassificationsOrChangesInPresentation" unitRef="BRL" id="Tag3737" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_TrademarkRightsMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3632" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_TrademarkRightsMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3905" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_TrademarkRightsMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3674" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_TrademarkRightsMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag9" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_TrademarkRightsMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3802" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_TrademarkRightsMember" name="ifrs-full:RetirementsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3497" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_GrossCarryingAmountMember_TrademarkRightsMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3584" decimals="-3" scale="3" format="ixt:num-dot-decimal">114,792</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Others (e) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20191231_GrossCarryingAmountMember_OtherIntangibleAssetsMember" name="ifrs-full:UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill" id="Tag3783" format="ixt-sec:duryear">10</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20181231_GrossCarryingAmountMember_OtherIntangibleAssetsMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3899" decimals="-3" scale="3" format="ixt:num-dot-decimal">43,281</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_OtherIntangibleAssetsMember" name="ifrs-full:AmountOfReclassificationsOrChangesInPresentation" unitRef="BRL" id="Tag3948" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_OtherIntangibleAssetsMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3502" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,668</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_OtherIntangibleAssetsMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3885" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_OtherIntangibleAssetsMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3695" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">355</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_OtherIntangibleAssetsMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3491" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_OtherIntangibleAssetsMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3974" decimals="-3" scale="3" format="ixt:num-dot-decimal">306</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember_OtherIntangibleAssetsMember" name="ifrs-full:RetirementsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag4102" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_GrossCarryingAmountMember_OtherIntangibleAssetsMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3517" decimals="-3" scale="3" format="ixt:num-dot-decimal">44,900</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 7.25%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20181231_GrossCarryingAmountMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3521" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,105,856</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 6.5%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember" name="ifrs-full:AmountOfReclassificationsOrChangesInPresentation" unitRef="BRL" id="Tag3907" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">56,114</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 6.625%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3965" decimals="-3" scale="3" format="ixt:num-dot-decimal">151,997</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 8.75%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3634" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 5.5%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3785" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">10,098</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 6.125%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3496" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,187</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 6.375%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3906" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,790</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 5.5%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_GrossCarryingAmountMember" name="ifrs-full:RetirementsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3498" decimals="-3" scale="3" format="ixt:num-dot-decimal">281</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 7.125%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_GrossCarryingAmountMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag13" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,191,963</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Accumulated amortization: </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Software </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20181231_AccumulatedDepreciationAndAmortisationMember_ComputerSoftwareMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag14" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">537,438</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AccumulatedDepreciationAndAmortisationMember_ComputerSoftwareMember" name="ifrs-full:AmountOfReclassificationsOrChangesInPresentation" unitRef="BRL" id="Tag3854" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AccumulatedDepreciationAndAmortisationMember_ComputerSoftwareMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag19" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_AccumulatedDepreciationAndAmortisationMember_ComputerSoftwareMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3832" decimals="-3" scale="3" format="ixt:num-dot-decimal">110,088</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_AccumulatedDepreciationAndAmortisationMember_ComputerSoftwareMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3549" decimals="-3" scale="3" format="ixt:num-dot-decimal">13</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_AccumulatedDepreciationAndAmortisationMember_ComputerSoftwareMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3594" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">611</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_AccumulatedDepreciationAndAmortisationMember_ComputerSoftwareMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag172" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">998</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_AccumulatedDepreciationAndAmortisationMember_ComputerSoftwareMember" name="ifrs-full:RetirementsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3722" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">261</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_AccumulatedDepreciationAndAmortisationMember_ComputerSoftwareMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3882" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">648,861</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Technology </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20181231_AccumulatedDepreciationAndAmortisationMember_TechnologybasedIntangibleAssetsMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3566" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">32,613</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AccumulatedDepreciationAndAmortisationMember_TechnologybasedIntangibleAssetsMember" name="ifrs-full:AmountOfReclassificationsOrChangesInPresentation" unitRef="BRL" id="Tag3762" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AccumulatedDepreciationAndAmortisationMember_TechnologybasedIntangibleAssetsMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3890" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_AccumulatedDepreciationAndAmortisationMember_TechnologybasedIntangibleAssetsMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3812" decimals="-3" scale="3" format="ixt:num-dot-decimal">3</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AccumulatedDepreciationAndAmortisationMember_TechnologybasedIntangibleAssetsMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag4117" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AccumulatedDepreciationAndAmortisationMember_TechnologybasedIntangibleAssetsMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3526" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AccumulatedDepreciationAndAmortisationMember_TechnologybasedIntangibleAssetsMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag6930" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AccumulatedDepreciationAndAmortisationMember_TechnologybasedIntangibleAssetsMember" name="ifrs-full:RetirementsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3956" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_AccumulatedDepreciationAndAmortisationMember_TechnologybasedIntangibleAssetsMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3995" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">32,616</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 21px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 21px; width: 11%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Commercial property rights </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 21px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20181231_AccumulatedDepreciationAndAmortisationMember_CommercialPropertyRightsMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3849" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">23,931</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_AccumulatedDepreciationAndAmortisationMember_CommercialPropertyRightsMember" name="ifrs-full:AmountOfReclassificationsOrChangesInPresentation" unitRef="BRL" id="Tag3648" decimals="-3" scale="3" format="ixt:num-dot-decimal">16,186</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AccumulatedDepreciationAndAmortisationMember_CommercialPropertyRightsMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag296" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_AccumulatedDepreciationAndAmortisationMember_CommercialPropertyRightsMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag4008" decimals="-3" scale="3" format="ixt:num-dot-decimal">848</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_AccumulatedDepreciationAndAmortisationMember_CommercialPropertyRightsMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag4005" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">669</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_AccumulatedDepreciationAndAmortisationMember_CommercialPropertyRightsMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3530" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">2,878</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AccumulatedDepreciationAndAmortisationMember_CommercialPropertyRightsMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag18" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AccumulatedDepreciationAndAmortisationMember_CommercialPropertyRightsMember" name="ifrs-full:RetirementsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3874" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_AccumulatedDepreciationAndAmortisationMember_CommercialPropertyRightsMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3846" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">6,384</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Distribution rights </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20181231_AccumulatedDepreciationAndAmortisationMember_DistributionRightsAssetMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag6200" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">106,597</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AccumulatedDepreciationAndAmortisationMember_DistributionRightsAssetMember" name="ifrs-full:AmountOfReclassificationsOrChangesInPresentation" unitRef="BRL" id="Tag3973" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AccumulatedDepreciationAndAmortisationMember_DistributionRightsAssetMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3617" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_AccumulatedDepreciationAndAmortisationMember_DistributionRightsAssetMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3486" decimals="-3" scale="3" format="ixt:num-dot-decimal">6,511</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_AccumulatedDepreciationAndAmortisationMember_DistributionRightsAssetMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3571" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,176</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AccumulatedDepreciationAndAmortisationMember_DistributionRightsAssetMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3766" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AccumulatedDepreciationAndAmortisationMember_DistributionRightsAssetMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3739" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AccumulatedDepreciationAndAmortisationMember_DistributionRightsAssetMember" name="ifrs-full:RetirementsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3662" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_AccumulatedDepreciationAndAmortisationMember_DistributionRightsAssetMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag6938" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">108,932</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Trademark rights </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20181231_AccumulatedDepreciationAndAmortisationMember_TrademarkRightsMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag4010" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">3,182</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AccumulatedDepreciationAndAmortisationMember_TrademarkRightsMember" name="ifrs-full:AmountOfReclassificationsOrChangesInPresentation" unitRef="BRL" id="Tag6943" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AccumulatedDepreciationAndAmortisationMember_TrademarkRightsMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag291" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_AccumulatedDepreciationAndAmortisationMember_TrademarkRightsMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3563" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,937</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AccumulatedDepreciationAndAmortisationMember_TrademarkRightsMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3546" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AccumulatedDepreciationAndAmortisationMember_TrademarkRightsMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3484" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AccumulatedDepreciationAndAmortisationMember_TrademarkRightsMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3728" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AccumulatedDepreciationAndAmortisationMember_TrademarkRightsMember" name="ifrs-full:RetirementsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3790" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_AccumulatedDepreciationAndAmortisationMember_TrademarkRightsMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3883" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">6,119</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20181231_AccumulatedDepreciationAndAmortisationMember_OtherIntangibleAssetsMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3637" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">32,740</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AccumulatedDepreciationAndAmortisationMember_OtherIntangibleAssetsMember" name="ifrs-full:AmountOfReclassificationsOrChangesInPresentation" unitRef="BRL" id="Tag3830" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AccumulatedDepreciationAndAmortisationMember_OtherIntangibleAssetsMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3630" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_AccumulatedDepreciationAndAmortisationMember_OtherIntangibleAssetsMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag17" decimals="-3" scale="3" format="ixt:num-dot-decimal">105</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_AccumulatedDepreciationAndAmortisationMember_OtherIntangibleAssetsMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag2137" decimals="-3" scale="3" format="ixt:num-dot-decimal">136</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AccumulatedDepreciationAndAmortisationMember_OtherIntangibleAssetsMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3881" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_AccumulatedDepreciationAndAmortisationMember_OtherIntangibleAssetsMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3544" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">4</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AccumulatedDepreciationAndAmortisationMember_OtherIntangibleAssetsMember" name="ifrs-full:RetirementsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3655" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_AccumulatedDepreciationAndAmortisationMember_OtherIntangibleAssetsMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3975" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">32,713</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 7.25%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20181231_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3476" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">736,501</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.5%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:AmountOfReclassificationsOrChangesInPresentation" unitRef="BRL" id="Tag3843" decimals="-3" scale="3" format="ixt:num-dot-decimal">16,186</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.625%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3569" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 8.75%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag287" decimals="-3" scale="3" format="ixt:num-dot-decimal">120,492</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 5.5%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3505" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,656</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.125%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3615" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">2,267</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.375%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3605" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,002</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 5.5%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:RetirementsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag10" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">261</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 7.125%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_AccumulatedDepreciationAndAmortisationMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3679" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">835,625</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 20px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 11%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Provision for losses and impairment: </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Goodwill (a) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20181231_AccumulatedImpairmentMember_GoodwillMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3781" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AccumulatedImpairmentMember_GoodwillMember" name="ifrs-full:AmountOfReclassificationsOrChangesInPresentation" unitRef="BRL" id="Tag3581" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_AccumulatedImpairmentMember_GoodwillMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag4108" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">593,280</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AccumulatedImpairmentMember_GoodwillMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3878" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AccumulatedImpairmentMember_GoodwillMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag173" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AccumulatedImpairmentMember_GoodwillMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3651" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AccumulatedImpairmentMember_GoodwillMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag6201" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AccumulatedImpairmentMember_GoodwillMember" name="ifrs-full:RetirementsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3758" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_AccumulatedImpairmentMember_GoodwillMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3755" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">593,280</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Commercial property rights </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20181231_AccumulatedImpairmentMember_CommercialPropertyRightsMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3719" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AccumulatedImpairmentMember_CommercialPropertyRightsMember" name="ifrs-full:AmountOfReclassificationsOrChangesInPresentation" unitRef="BRL" id="Tag3913" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_AccumulatedImpairmentMember_CommercialPropertyRightsMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag4100" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">465</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AccumulatedImpairmentMember_CommercialPropertyRightsMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3804" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AccumulatedImpairmentMember_CommercialPropertyRightsMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag292" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AccumulatedImpairmentMember_CommercialPropertyRightsMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3911" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AccumulatedImpairmentMember_CommercialPropertyRightsMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3876" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AccumulatedImpairmentMember_CommercialPropertyRightsMember" name="ifrs-full:RetirementsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3752" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_AccumulatedImpairmentMember_CommercialPropertyRightsMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3777" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">465</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 7.25%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20181231_AccumulatedImpairmentMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3601" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.5%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AccumulatedImpairmentMember" name="ifrs-full:AmountOfReclassificationsOrChangesInPresentation" unitRef="BRL" id="Tag150" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.625%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_AccumulatedImpairmentMember" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag4123" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">593,745</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 8.75%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AccumulatedImpairmentMember" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3672" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 5.5%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AccumulatedImpairmentMember" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3511" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.125%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AccumulatedImpairmentMember" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3803" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.375%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AccumulatedImpairmentMember" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag6928" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 5.5%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_AccumulatedImpairmentMember" name="ifrs-full:RetirementsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3604" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 7.125%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_AccumulatedImpairmentMember" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3718" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">593,745</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 11%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Net amount </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20181231" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3723" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,369,355</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_IFRS16Member_IntangibleAssetsOtherThanGoodwillMember" name="ifrs-full:AmountOfReclassificationsOrChangesInPresentation" unitRef="BRL" id="Tag2146" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">39,928</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231" name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3507" decimals="-3" scale="3" format="ixt:num-dot-decimal">441,748</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231" name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" unitRef="BRL" id="Tag3747" decimals="-3" scale="3" format="ixt:num-dot-decimal">120,492</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231" name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag297" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">6,442</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231" name="ifrs-full:DisposalsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag149" decimals="-3" scale="3" format="ixt:num-dot-decimal">920</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag3912" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,788</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_OxitenoAndinaCAMember" name="ifrs-full:RetirementsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag4122" decimals="-3" scale="3" format="ixt:num-dot-decimal">20</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231" name="ifrs-full:IntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag4001" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,762,593</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">(i) <ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote49">Refers to amounts transferred to PP&amp;E and right-of-use assets.</ix:footnote></span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">(*) <ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote50">Refers to the asset write-offs of Oxiteno Andina.</ix:footnote></span></p>
</ix:nonNumeric>
<ix:exclude>
<div>
<p style="margin: 0pt; text-align: right;"><br/></p>
<div>
<div id="t_ft_FEY4YX3NN400000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt; height: 17px;">
<tbody>
<tr style="height: 17px;">
<td class="pgno" style="padding: 0px; text-align: center; height: 17px;"><span style="font-size: 10pt;" class="pageno">F-80</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
</ix:exclude>
</div>
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-style: italic; font-weight: bold;">a. </span><span style="font-style: italic; font-weight: bold;">Goodwill</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:DisclosureOfGoodwillExplanatory" id="Tag3731" escape="true">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The balance of the goodwill is tested annually for impairment and is represented by the following acquisitions:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div style="border-left: none; border-right: none;">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 277px;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 60.8696%; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 12.0591%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Segment </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.47929%; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 0.984413%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.06645%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 60.8696%; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Goodwill on the acquisition of: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12.0591%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 0.984413%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 1.06645%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 60.8696%; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Extrafarma </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 12.0591%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_ExtrafarmaMember" name="ugp:GoodwillAcquisitionSegment" id="Tag3946" escape="true">Extrafarma</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_ExtrafarmaMember" name="ugp:AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwillGross" unitRef="BRL" id="Tag3904" decimals="-3" scale="3" format="ixt:num-dot-decimal">661,553</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.984413%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_ExtrafarmaMember" name="ugp:AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwillGross" unitRef="BRL" id="Tag3469" decimals="-3" scale="3" format="ixt:num-dot-decimal">661,553</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.06645%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 60.8696%; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Extrafarma &#8211; impairment (i) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12.0591%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Extrafarma </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_ExtrafarmaMember" name="ifrs-full:ImpairmentLossRecognisedInProfitOrLossGoodwill" unitRef="BRL" id="Tag3953" decimals="-3" scale="3" format="ixt:num-dot-decimal">661,553</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.984413%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_ExtrafarmaMember" name="ifrs-full:ImpairmentLossRecognisedInProfitOrLossGoodwill" unitRef="BRL" id="Tag3828" decimals="-3" scale="3" format="ixt:num-dot-decimal">593,280</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.06645%; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 60.8696%; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Extrafarma &#8211; net </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 12.0591%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Extrafarma </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_ExtrafarmaMember" name="ifrs-full:AdditionalRecognitionGoodwill" unitRef="BRL" id="Tag6929" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.984413%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_ExtrafarmaMember" name="ifrs-full:AdditionalRecognitionGoodwill" unitRef="BRL" id="Tag3556" decimals="-3" scale="3" format="ixt:num-dot-decimal">68,273</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.06645%; height: 17px;"><br/></td>
</tr>
<tr style="height: 20px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 60.8696%; height: 20px;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Ipiranga (ii) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12.0591%; height: 20px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_IpirangaMember" name="ugp:GoodwillAcquisitionSegment" id="Tag3909" escape="true">Ipiranga</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 20px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_IpirangaMember" name="ifrs-full:AdditionalRecognitionGoodwill" unitRef="BRL" id="Tag3607" decimals="-3" scale="3" format="ixt:num-dot-decimal">276,724</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 20px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.984413%; height: 20px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 20px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_IpirangaMember" name="ifrs-full:AdditionalRecognitionGoodwill" unitRef="BRL" id="Tag3520" decimals="-3" scale="3" format="ixt:num-dot-decimal">276,724</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.06645%; height: 20px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 60.8696%; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Uni&#227;o Terminais </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 12.0591%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_UniaoTerminaisMember" name="ugp:GoodwillAcquisitionSegment" id="Tag3759" escape="true">Ultracargo</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_UniaoTerminaisMember" name="ifrs-full:AdditionalRecognitionGoodwill" unitRef="BRL" id="Tag3532" decimals="-3" scale="3" format="ixt:num-dot-decimal">211,089</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.984413%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_UniaoTerminaisMember" name="ifrs-full:AdditionalRecognitionGoodwill" unitRef="BRL" id="Tag3580" decimals="-3" scale="3" format="ixt:num-dot-decimal">211,089</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.06645%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 60.8696%; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Texaco </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12.0591%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_TexacoMember" name="ugp:GoodwillAcquisitionSegment" id="Tag3478" escape="true">Ipiranga</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_TexacoMember" name="ifrs-full:AdditionalRecognitionGoodwill" unitRef="BRL" id="Tag3996" decimals="-3" scale="3" format="ixt:num-dot-decimal">177,759</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.984413%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_TexacoMember" name="ifrs-full:AdditionalRecognitionGoodwill" unitRef="BRL" id="Tag4000" decimals="-3" scale="3" format="ixt:num-dot-decimal">177,759</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.06645%; height: 17px;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 60.8696%; height: 18px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Iconic (CBLSA) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 12.0591%; height: 18px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_IconicCblsamemberMember" name="ugp:GoodwillAcquisitionSegment" id="Tag3622" escape="true">Ipiranga</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_IconicCblsamemberMember" name="ifrs-full:AdditionalRecognitionGoodwill" unitRef="BRL" id="Tag3676" decimals="-3" scale="3" format="ixt:num-dot-decimal">69,807</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.984413%; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_IconicCblsamemberMember" name="ifrs-full:AdditionalRecognitionGoodwill" unitRef="BRL" id="Tag3821" decimals="-3" scale="3" format="ixt:num-dot-decimal">69,807</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.06645%; height: 18px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 60.8696%; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Oxiteno Uruguay (iii) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12.0591%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_OxitenoUruguayMember_1" name="ugp:GoodwillAcquisitionSegment" id="Tag3553" escape="true">Oxiteno</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_OxitenoUruguayMember_1" name="ifrs-full:AdditionalRecognitionGoodwill" unitRef="BRL" id="Tag3667" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.984413%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_OxitenoUruguayMember" name="ifrs-full:AdditionalRecognitionGoodwill" unitRef="BRL" id="Tag6936" decimals="-3" scale="3" format="ixt:num-dot-decimal">44,856</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.06645%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 60.8696%; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Temmar </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 12.0591%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_TemmarMember" name="ugp:GoodwillAcquisitionSegment" id="Tag4109" escape="true">Ultracargo</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_TemmarMember" name="ifrs-full:AdditionalRecognitionGoodwill" unitRef="BRL" id="Tag3627" decimals="-3" scale="3" format="ixt:num-dot-decimal">43,781</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.984413%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_TemmarMember" name="ifrs-full:AdditionalRecognitionGoodwill" unitRef="BRL" id="Tag3799" decimals="-3" scale="3" format="ixt:num-dot-decimal">43,781</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.06645%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 60.8696%; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> DNP </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12.0591%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DNPMember" name="ugp:GoodwillAcquisitionSegment" id="Tag3575" escape="true">Ipiranga</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DNPMember" name="ifrs-full:AdditionalRecognitionGoodwill" unitRef="BRL" id="Tag3816" decimals="-3" scale="3" format="ixt:num-dot-decimal">24,736</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.984413%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_DNPMember" name="ifrs-full:AdditionalRecognitionGoodwill" unitRef="BRL" id="Tag6931" decimals="-3" scale="3" format="ixt:num-dot-decimal">24,736</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.06645%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 60.8696%; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Repsol </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 12.0591%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_RepsolMember" name="ugp:GoodwillAcquisitionSegment" id="Tag3576" escape="true">Ultragaz</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_RepsolMember" name="ifrs-full:AdditionalRecognitionGoodwill" unitRef="BRL" id="Tag3807" decimals="-3" scale="3" format="ixt:num-dot-decimal">13,403</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.984413%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_RepsolMember" name="ifrs-full:AdditionalRecognitionGoodwill" unitRef="BRL" id="Tag3957" decimals="-3" scale="3" format="ixt:num-dot-decimal">13,403</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.06645%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 60.8696%; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> TEAS </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12.0591%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_TEASTerminalExportadorDeAlcoolDeSantosLtdaMember_1" name="ugp:GoodwillAcquisitionSegment" id="Tag3643" escape="true">Ultracargo</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_TEASTerminalExportadorDeAlcoolDeSantosLtdaMember_1" name="ifrs-full:AdditionalRecognitionGoodwill" unitRef="BRL" id="Tag3858" decimals="-3" scale="3" format="ixt:num-dot-decimal">797</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.984413%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_TEASTerminalExportadorDeAlcoolDeSantosLtdaMember_1" name="ifrs-full:AdditionalRecognitionGoodwill" unitRef="BRL" id="Tag289" decimals="-3" scale="3" format="ixt:num-dot-decimal">797</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.06645%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 60.8696%; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Others (iii) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 12.0591%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_BusinessCombinationsMember" name="ugp:GoodwillAcquisitionSegment" id="Tag3653" escape="true">Oxiteno</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_BusinessCombinationsMember" name="ifrs-full:AdditionalRecognitionGoodwill" unitRef="BRL" id="Tag3564" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.984413%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_BusinessCombinationsMember" name="ifrs-full:AdditionalRecognitionGoodwill" unitRef="BRL" id="Tag3937" decimals="-3" scale="3" format="ixt:num-dot-decimal">583</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.06645%; height: 17px;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 60.8696%; height: 18px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12.0591%; height: 18px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.977%; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:AdditionalRecognitionGoodwill" unitRef="BRL" id="Tag3483" decimals="-3" scale="3" format="ixt:num-dot-decimal">818,096</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.984413%; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.977%; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:AdditionalRecognitionGoodwill" unitRef="BRL" id="Tag3960" decimals="-3" scale="3" format="ixt:num-dot-decimal">931,808</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.06645%; height: 18px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 9pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">(i) <ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote51">For further information, see Note <span style="border-left: none; border-right: none;">3</span>.a.</ix:footnote></span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">(ii) <ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote53"><span style="border-right: none; border-left: none;">Including R$ </span><span style="border-right: none; border-left: none;"><ix:nonFraction contextRef="D20211231_ParentCompanyMember" name="ifrs-full:AdditionalRecognitionGoodwill" unitRef="BRL" id="Tag3481" decimals="-3" scale="3" format="ixt:num-dot-decimal">246,163</ix:nonFraction></span><span style="border-right: none; border-left: none;"> presented as goodwill at parent Company Ultrapar.</span></ix:footnote></span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">(iii) <ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote52">For further information about reclassification, see Note <span style="border-left: none; border-right: none;">3</span>.c.<span style="border-left: none; border-right: none;">1</span>.</ix:footnote></span></p>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">On December 31, 2021, the Company tested the balances of goodwill shown in the table above for impairment. The determination of value in use involves assumptions, judgments, and estimates of cash flows, such as growth rates of revenues, costs and expenses, estimates of investments and working capital, and discount rates. The assumptions about growth projections and future cash flows are based on the Company&#8217;s business plan of its operating segments, as well as comparable market data, and represent management&#8217;s best estimate of the economic conditions that will exist over the economic life of the various CGUs, to which goodwill is related. The key-assumptions used by the Company to calculate the value in use are described below:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="text-decoration: underline;">Period of evaluation</span>: the evaluation of the value in use is calculated for a period of <span style="border-right: none; border-left: none;"><span style="border-left: none; border-right: none;"><ix:nonNumeric contextRef="D20201231_3" name="ugp:PeriodOfEvaluation" id="Tag3687" format="ixt-sec:durwordsen">five years</ix:nonNumeric></span></span>, after which the Company calculated the perpetuity, considering the possibility of carrying the business on indefinitely.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="text-decoration: underline;">Discount and real growth rates</span>: on December 31, 2021, the discount and real growth rates used to extrapolate the projections ranged from <ix:nonFraction contextRef="D20211231_BottomOfRangeMember" name="ugp:DiscountRate" unitRef="Pure" id="Tag3786" decimals="3" scale="-2" format="ixt:num-dot-decimal">9.4</ix:nonFraction>% to <ix:nonFraction contextRef="D20211231_3" name="ugp:DiscountRate" unitRef="Pure" id="Tag3715" decimals="3" scale="-2" format="ixt:num-dot-decimal">10.5</ix:nonFraction>% and from <ix:nonFraction contextRef="D20211231_BottomOfRangeMember" name="ugp:RealGrowthRate" unitRef="Pure" id="Tag3628" decimals="2" scale="-2" format="ixt:num-dot-decimal">0</ix:nonFraction>% to <ix:nonFraction contextRef="D20211231_TopOfRangeMember" name="ugp:RealGrowthRate" unitRef="Pure" id="Tag3688" decimals="2" scale="-2" format="ixt:num-dot-decimal">1</ix:nonFraction>% p.a., respectively, depending on the CGU analyzed.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="text-decoration: underline;">Revenue from sales and services, costs and expenses, and gross margin</span> considers the budget prepared for 2022 and the long-term strategic plan prepared by management and approved by the Board of Directors.</span></p>
<ix:exclude>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<div>
<div id="t_ft_T2VH3TYNK000000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-81</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
</ix:exclude>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-style: italic; font-weight: bold;">b. </span><span style="font-style: italic; font-weight: bold;">Software</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Includes user licenses and costs for the implementation of the various systems used by the Company and its subsidiaries: integrated management and control, financial management, foreign trade, industrial automation, operational and storage management, accounting information, and other systems. Also include expenses related to software in progress in the amount of R$ <ix:nonFraction contextRef="I20211231_ComputerSoftwareMember" name="ifrs-full:IntangibleAssetsUnderDevelopment" unitRef="BRL" id="Tag301" decimals="-3" scale="3" format="ixt:num-dot-decimal">27,672</ix:nonFraction> on December 31, 2021 (R$ <ix:nonFraction contextRef="I20201231_ComputerSoftwareMember" name="ifrs-full:IntangibleAssetsUnderDevelopment" unitRef="BRL" id="Tag3833" decimals="-3" scale="3" format="ixt:num-dot-decimal">13,684</ix:nonFraction> on December 31, 2020 and R$ <ix:nonFraction contextRef="I20191231_ComputerSoftwareMember" name="ifrs-full:IntangibleAssetsUnderDevelopment" unitRef="BRL" id="Tag3531" decimals="-3" scale="3" format="ixt:num-dot-decimal">16,657</ix:nonFraction> on December 31, 2019).</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-style: italic; font-weight: bold;">c. </span><span style="font-style: italic; font-weight: bold;">Technology</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The subsidiaries Oxiteno S.A. and Oleoqu&#237;mica recognize as technology certain rights of use held by them. Such licenses include the production of ethylene oxide, ethylene glycols, ethanolamines, glycol ethers, ethoxylates, solvents, fatty acids from vegetable oils, fatty alcohols, and specialty chemicals, which are products that are supplied to various industries. The balance was reclassified to assets of subsidiaries held for sale. For further details, see Note 3.b.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-style: italic; font-weight: bold;">d. </span><span style="font-style: italic; font-weight: bold;">Brands and </span><span style="font-style: italic; font-weight: bold;">t</span><span style="font-style: italic; font-weight: bold;">rademark rights</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Brands are represented by the acquisition cost of the &#8216;am/pm&#8217; brand in Brazil, acquired in the business combination, and Chevron and Texaco trademark rights.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-style: italic; font-weight: bold;">e. </span><span style="font-style: italic; font-weight: bold;">Other intangible</span><span style="font-style: italic; font-weight: bold;">s</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Refers mainly to the loyalty program &#8220;Clube Extrafarma&#8221; reclassified to assets of subsidiaries held for sale. For further details, see Note 3.a.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">f. Decarbonization credits</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Represent the CBIOS acquired and recorded at acquisition cost. The amount in the &#8220;write-offs&#8221; column refers to CBIOS retired in the year, that had its maturity date and can not be the object of future negotiation.</span></p>
</div>
</ix:nonNumeric>
</div>
<div>
<p style="margin: 0pt; text-align: right;"><br/></p>
<div>
<div id="t_ft_ZYO2S6V3O000000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-82</span></td>
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</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
</div>
</div><div id="Normadiv280" style="font-family: 'times new roman', times; font-size: 10pt;">
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;"><br/></span></div>
<div>
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:DisclosureOfBorrowingsExplanatory" id="Tag3743" escape="true">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;"><span style="border-left: none; border-right: none;">17</span></span><span style="font-weight: bold;">.</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">Loans</span><span style="font-weight: bold;">,</span><span style="font-weight: bold;"> </span><span style="font-weight: bold;">f</span><span style="font-weight: bold;">inancing,</span><span style="font-weight: bold;"> </span><span style="font-weight: bold;">d</span><span style="font-weight: bold;">ebentures</span><span style="font-weight: bold;"> and </span><span style="font-weight: bold;">h</span><span style="font-weight: bold;">edge </span><span style="font-weight: bold;">d</span><span style="font-weight: bold;">erivative </span><span style="font-weight: bold;">f</span><span style="font-weight: bold;">inancial </span><span style="font-weight: bold;">i</span><span style="font-weight: bold;">nstruments</span></span></p>
<p style="margin: 0pt; text-align: justify; font-family: 'times new roman', times; font-size: 5pt;"><span style="font-family: 'times new roman', times; font-size: 5pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:DisclosureOfDetailedInformationAboutBorrowingsExplanatory" id="Tag4480" escape="true">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">a. Composition</span></p>
<p style="margin: 0pt; text-align: justify; font-family: 'times new roman', times; font-size: 5pt;"><span style="font-family: 'times new roman', times; font-size: 5pt;">&#160;</span></p>
<div id="t_ft_4QF04Z3ISG00000000000000000000b">
<table cellpadding="0" style="height: 476px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 35.6275%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Description </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.01215%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Index/ Currency </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Weighted average financial charges 12/31/2021 &#8211; % p.a. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Maturity </span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Foreign currency: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_Loan1Member" name="ugp:LoanDescription" id="Tag7931" escape="true"><ix:nonNumeric contextRef="D20211231_Loan1Member" name="ugp:LoanDescription" id="Tag6851" escape="true">Notes in the foreign market</ix:nonNumeric></ix:nonNumeric> (b) (*) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_Loan1Member" name="ugp:ForeignCurrencyDenominatedLoans" unitRef="BRL" id="Tag4248" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,821,441</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_Loan1Member" name="ugp:ForeignCurrencyDenominatedLoans" unitRef="BRL" id="Tag4555" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,267,687</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_Loan1Member" name="ugp:LoanIndexCurrency" id="Tag7972" escape="true"><ix:nonNumeric contextRef="D20211231_Loan1Member" name="ugp:LoanIndexCurrency" id="Tag60" escape="true">US$</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_Loan1Member" name="ifrs-full:BorrowingsInterestRate" unitRef="Pure" id="Tag7991" decimals="3" scale="-2" format="ixt:num-dot-decimal"><ix:nonFraction contextRef="I20211231_Loan1Member" name="ifrs-full:BorrowingsInterestRate" unitRef="Pure" id="Tag4482" decimals="3" scale="-2" format="ixt:num-dot-decimal">5.3</ix:nonFraction></ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_Loan1Member" name="ifrs-full:BorrowingsMaturity" id="Tag7980" escape="true"><ix:nonNumeric contextRef="D20211231_Loan1Member" name="ifrs-full:BorrowingsMaturity" id="Tag4458" escape="true">2026 to 2029</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_Loan2Member" name="ugp:LoanDescription" id="Tag7933" escape="true"><ix:nonNumeric contextRef="D20211231_Loan2Member" name="ugp:LoanDescription" id="Tag108" escape="true">Foreign loan</ix:nonNumeric></ix:nonNumeric> (c<span style="border-left: none; border-right: none;">.1</span>) (*) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_Loan2Member" name="ugp:ForeignCurrencyDenominatedLoans" unitRef="BRL" id="Tag4032" decimals="-3" scale="3" format="ixt:num-dot-decimal">735,438</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_Loan2Member" name="ugp:ForeignCurrencyDenominatedLoans" unitRef="BRL" id="Tag3709" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,047,644</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_Loan2Member" name="ugp:LoanIndexCurrency" id="Tag7971" escape="true"><ix:nonNumeric contextRef="D20211231_Loan2Member" name="ugp:LoanIndexCurrency" id="Tag7030" escape="true">US$</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_Loan2Member" name="ifrs-full:BorrowingsInterestRate" unitRef="Pure" id="Tag7992" decimals="3" scale="-2" format="ixt:num-dot-decimal"><ix:nonFraction contextRef="I20211231_Loan2Member" name="ifrs-full:BorrowingsInterestRate" unitRef="Pure" id="Tag103" decimals="3" scale="-2" format="ixt:num-dot-decimal">4.0</ix:nonFraction></ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_Loan2Member" name="ifrs-full:BorrowingsMaturity" id="Tag7982" escape="true"><ix:nonNumeric contextRef="D20211231_Loan2Member" name="ifrs-full:BorrowingsMaturity" id="Tag4069" escape="true">2023</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_Loan3Member" name="ugp:LoanDescription" id="Tag7935" escape="true"><ix:nonNumeric contextRef="D20211231_Loan3Member" name="ugp:LoanDescription" id="Tag209" escape="true">Foreign loan</ix:nonNumeric></ix:nonNumeric> (c<span style="border-left: none; border-right: none;">.1</span>) (*) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_Loan3Member" name="ugp:ForeignCurrencyDenominatedLoans" unitRef="BRL" id="Tag4041" decimals="-3" scale="3" format="ixt:num-dot-decimal">275,936</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_Loan3Member" name="ugp:ForeignCurrencyDenominatedLoans" unitRef="BRL" id="Tag4424" decimals="-3" scale="3" format="ixt:num-dot-decimal">261,284</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="border-left: none; border-right: none;"><ix:nonNumeric contextRef="D20201231_Loan3Member" name="ugp:LoanIndexCurrency" id="Tag7928" escape="true"><ix:nonNumeric contextRef="D20211231_Loan3Member" name="ugp:LoanIndexCurrency" id="Tag104" escape="true">US$ + LIBOR</ix:nonNumeric></ix:nonNumeric></span> <sup><sup><span style="vertical-align: super;">(<span style="border-left: none; border-right: none;">1</span>)</span></sup></sup></span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_Loan3Member" name="ifrs-full:BorrowingsInterestRate" unitRef="Pure" id="Tag7993" decimals="3" scale="-2" format="ixt:num-dot-decimal"><ix:nonFraction contextRef="I20211231_Loan3Member" name="ifrs-full:BorrowingsInterestRate" unitRef="Pure" id="Tag6842" decimals="3" scale="-2" format="ixt:num-dot-decimal">1.0</ix:nonFraction></ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_Loan3Member" name="ifrs-full:BorrowingsMaturity" id="Tag7983" escape="true"><ix:nonNumeric contextRef="D20211231_Loan3Member" name="ifrs-full:BorrowingsMaturity" id="Tag4207" escape="true">2022</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_Loan4Member" name="ugp:LoanDescription" id="Tag7939" escape="true"><ix:nonNumeric contextRef="D20211231_Loan4Member" name="ugp:LoanDescription" id="Tag4048" escape="true">Financial institutions</ix:nonNumeric></ix:nonNumeric> (d) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_Loan4Member" name="ugp:ForeignCurrencyDenominatedLoans" unitRef="BRL" id="Tag3932" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_Loan4Member" name="ugp:ForeignCurrencyDenominatedLoans" unitRef="BRL" id="Tag4293" decimals="-3" scale="3" format="ixt:num-dot-decimal">154,783</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_Loan4Member" name="ugp:LoanIndexCurrency" id="Tag7955" escape="true"><ix:nonNumeric contextRef="D20211231_Loan4Member" name="ugp:LoanIndexCurrency" id="Tag4158" escape="true">US$</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_Loan4Member" name="ifrs-full:BorrowingsInterestRate" unitRef="Pure" id="Tag7956" decimals="2" scale="-2" format="ixt:fixed-zero"><ix:nonFraction contextRef="I20211231_Loan4Member" name="ifrs-full:BorrowingsInterestRate" unitRef="Pure" id="Tag61" decimals="2" scale="-2" format="ixt:fixed-zero"> - </ix:nonFraction></ix:nonFraction></span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_Loan4Member" name="ifrs-full:BorrowingsMaturity" id="Tag7929" escape="true"><ix:nonNumeric contextRef="D20211231_Loan4Member" name="ifrs-full:BorrowingsMaturity" id="Tag106" escape="true">2022</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_Loan5Member" name="ugp:LoanDescription" id="Tag7940" escape="true"><ix:nonNumeric contextRef="D20211231_Loan5Member" name="ugp:LoanDescription" id="Tag3929" escape="true">Financial institutions</ix:nonNumeric></ix:nonNumeric> (d) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_Loan5Member" name="ugp:ForeignCurrencyDenominatedLoans" unitRef="BRL" id="Tag6832" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_Loan5Member" name="ugp:ForeignCurrencyDenominatedLoans" unitRef="BRL" id="Tag4034" decimals="-3" scale="3" format="ixt:num-dot-decimal">39,350</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><ix:nonNumeric contextRef="D20201231_Loan5Member" name="ugp:LoanIndexCurrency" id="Tag7954" escape="true"><ix:nonNumeric contextRef="D20211231_Loan5Member" name="ugp:LoanIndexCurrency" id="Tag7029" escape="true">MX$</ix:nonNumeric></ix:nonNumeric><sup><sup><span style="vertical-align: super;">(<span style="border-left: none; border-right: none;">2</span>)</span></sup></sup></span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_Loan5Member" name="ifrs-full:BorrowingsInterestRate" unitRef="Pure" id="Tag7957" decimals="2" scale="-2" format="ixt:fixed-zero"><ix:nonFraction contextRef="I20211231_Loan5Member" name="ifrs-full:BorrowingsInterestRate" unitRef="Pure" id="Tag6834" decimals="2" scale="-2" format="ixt:fixed-zero"> - </ix:nonFraction></ix:nonFraction></span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_Loan5Member" name="ifrs-full:BorrowingsMaturity" id="Tag7930" escape="true"><ix:nonNumeric contextRef="D20211231_Loan5Member" name="ifrs-full:BorrowingsMaturity" id="Tag4029" escape="true">2021</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_Loan6Member" name="ugp:LoanDescription" id="Tag7977" escape="true"><ix:nonNumeric contextRef="D20211231_Loan6Member" name="ugp:LoanDescription" id="Tag3919" escape="true">Financial institutions</ix:nonNumeric></ix:nonNumeric> (d) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_Loan6Member" name="ugp:ForeignCurrencyDenominatedLoans" unitRef="BRL" id="Tag4038" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_Loan6Member" name="ugp:ForeignCurrencyDenominatedLoans" unitRef="BRL" id="Tag4434" decimals="-3" scale="3" format="ixt:num-dot-decimal">312,200</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><ix:nonNumeric contextRef="D20201231_Loan6Member" name="ugp:LoanIndexCurrency" id="Tag7953" escape="true"><ix:nonNumeric contextRef="D20211231_Loan6Member" name="ugp:LoanIndexCurrency" id="Tag55" escape="true">US$ + LIBOR</ix:nonNumeric></ix:nonNumeric> <sup><sup><span style="vertical-align: super;">(<span style="border-left: none; border-right: none;">1</span>)</span></sup></sup></span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_Loan6Member" name="ifrs-full:BorrowingsInterestRate" unitRef="Pure" id="Tag7958" decimals="2" scale="-2" format="ixt:fixed-zero"><ix:nonFraction contextRef="I20211231_Loan6Member" name="ifrs-full:BorrowingsInterestRate" unitRef="Pure" id="Tag4406" decimals="2" scale="-2" format="ixt:fixed-zero"> - </ix:nonFraction></ix:nonFraction></span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_Loan6Member" name="ifrs-full:BorrowingsMaturity" id="Tag7932" escape="true"><ix:nonNumeric contextRef="D20211231_Loan6Member" name="ifrs-full:BorrowingsMaturity" id="Tag3978" escape="true">2021</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_Loan7Member" name="ugp:LoanDescription" id="Tag7979" escape="true"><ix:nonNumeric contextRef="D20211231_Loan7Member" name="ugp:LoanDescription" id="Tag6847" escape="true">Advances on foreign exchange contracts</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_Loan7Member" name="ugp:ForeignCurrencyDenominatedLoans" unitRef="BRL" id="Tag3987" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_Loan7Member" name="ugp:ForeignCurrencyDenominatedLoans" unitRef="BRL" id="Tag4131" decimals="-3" scale="3" format="ixt:num-dot-decimal">105,579</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_Loan7Member" name="ugp:LoanIndexCurrency" id="Tag7952" escape="true"><ix:nonNumeric contextRef="D20211231_Loan7Member" name="ugp:LoanIndexCurrency" id="Tag3935" escape="true">US$</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_Loan7Member" name="ifrs-full:BorrowingsInterestRate" unitRef="Pure" id="Tag7959" decimals="2" scale="-2" format="ixt:fixed-zero"><ix:nonFraction contextRef="I20211231_Loan7Member" name="ifrs-full:BorrowingsInterestRate" unitRef="Pure" id="Tag6857" decimals="2" scale="-2" format="ixt:fixed-zero"> - </ix:nonFraction></ix:nonFraction></span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_Loan7Member" name="ifrs-full:BorrowingsMaturity" id="Tag7934" escape="true"><ix:nonNumeric contextRef="D20211231_Loan7Member" name="ifrs-full:BorrowingsMaturity" id="Tag4254" escape="true">2021</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total foreign currency </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:ForeignCurrencyDenominatedLoans" unitRef="BRL" id="Tag4179" decimals="-3" scale="3" format="ixt:num-dot-decimal">8,832,815</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:ForeignCurrencyDenominatedLoans" unitRef="BRL" id="Tag3920" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,188,527</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 18px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 35.6275%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Brazilian Reais: </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_Loan8Member" name="ugp:LoanDescription" id="Tag7981" escape="true"><ix:nonNumeric contextRef="D20211231_Loan8Member" name="ugp:LoanDescription" id="Tag4550" escape="true">Debentures &#8211; CRA</ix:nonNumeric></ix:nonNumeric> (f<span style="border-left: none; border-right: none;">.2</span>, f<span style="border-left: none; border-right: none;">.4</span> and f<span style="border-left: none; border-right: none;">.6</span>) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_Loan8Member" name="ugp:BrazilianRealDenominatedLoans" unitRef="BRL" id="Tag7038" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,063,788</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_Loan8Member" name="ugp:BrazilianRealDenominatedLoans" unitRef="BRL" id="Tag4247" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,037,602</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_Loan8Member" name="ugp:LoanIndexCurrency" id="Tag7951" escape="true"><ix:nonNumeric contextRef="D20211231_Loan8Member" name="ugp:LoanIndexCurrency" id="Tag4271" escape="true">DI</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_Loan8Member" name="ifrs-full:BorrowingsInterestRate" unitRef="Pure" id="Tag7961" decimals="3" scale="-2" format="ixt:num-dot-decimal"><ix:nonFraction contextRef="I20211231_Loan8Member" name="ifrs-full:BorrowingsInterestRate" unitRef="Pure" id="Tag4218" decimals="3" scale="-2" format="ixt:num-dot-decimal">95.8</ix:nonFraction></ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_Loan8Member" name="ifrs-full:BorrowingsMaturity" id="Tag7941" escape="true"><ix:nonNumeric contextRef="D20211231_Loan8Member" name="ifrs-full:BorrowingsMaturity" id="Tag4233" escape="true">2022 to 2023</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_Loan9Member" name="ugp:LoanDescription" id="Tag7987" escape="true"><ix:nonNumeric contextRef="D20211231_Loan9Member" name="ugp:LoanDescription" id="Tag4170" escape="true">Debentures &#8211; 6</ix:nonNumeric></ix:nonNumeric>&#170; issuance (f<span style="border-left: none; border-right: none;">.5</span>) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_Loan9Member" name="ugp:BrazilianRealDenominatedLoans" unitRef="BRL" id="Tag4204" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,764,199</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_Loan9Member" name="ugp:BrazilianRealDenominatedLoans" unitRef="BRL" id="Tag4402" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,734,113</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_Loan9Member" name="ugp:LoanIndexCurrency" id="Tag7950" escape="true"><ix:nonNumeric contextRef="D20211231_Loan9Member" name="ugp:LoanIndexCurrency" id="Tag4075" escape="true">DI</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_Loan9Member" name="ifrs-full:BorrowingsInterestRate" unitRef="Pure" id="Tag7963" decimals="3" scale="-2" format="ixt:num-dot-decimal"><ix:nonFraction contextRef="I20211231_Loan9Member" name="ifrs-full:BorrowingsInterestRate" unitRef="Pure" id="Tag128" decimals="3" scale="-2" format="ixt:num-dot-decimal">105.3</ix:nonFraction></ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_Loan9Member" name="ifrs-full:BorrowingsMaturity" id="Tag7942" escape="true"><ix:nonNumeric contextRef="D20211231_Loan9Member" name="ifrs-full:BorrowingsMaturity" id="Tag4294" escape="true">2023</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_Loan10Member" name="ugp:LoanDescription" id="Tag7936" escape="true"><ix:nonNumeric contextRef="D20211231_Loan10Member" name="ugp:LoanDescription" id="Tag4051" escape="true">Debentures &#8211; CRA</ix:nonNumeric></ix:nonNumeric> (f<span style="border-left: none; border-right: none;">.2</span>, f<span style="border-left: none; border-right: none;">.4</span>, f<span style="border-left: none; border-right: none;">.6</span> and f<span style="border-left: none; border-right: none;">.10</span>) (*)&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_Loan10Member" name="ugp:BrazilianRealDenominatedLoans" unitRef="BRL" id="Tag6810" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,940,237</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_Loan10Member" name="ugp:BrazilianRealDenominatedLoans" unitRef="BRL" id="Tag4409" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,000,824</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_Loan10Member" name="ugp:LoanIndexCurrency" id="Tag7964" escape="true"><ix:nonNumeric contextRef="D20211231_Loan10Member" name="ugp:LoanIndexCurrency" id="Tag4300" escape="true">IPCA</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_Loan10Member" name="ifrs-full:BorrowingsInterestRate" unitRef="Pure" id="Tag7994" decimals="3" scale="-2" format="ixt:num-dot-decimal"><ix:nonFraction contextRef="I20211231_Loan10Member" name="ifrs-full:BorrowingsInterestRate" unitRef="Pure" id="Tag4200" decimals="3" scale="-2" format="ixt:num-dot-decimal">4.7</ix:nonFraction></ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_Loan10Member" name="ifrs-full:BorrowingsMaturity" id="Tag7984" escape="true"><ix:nonNumeric contextRef="D20211231_Loan10Member" name="ifrs-full:BorrowingsMaturity" id="Tag4150" escape="true">2024 to 2028</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> <ix:nonNumeric contextRef="D20201231_Loan11Member" name="ugp:LoanDescription" id="Tag7988" escape="true"><ix:nonNumeric contextRef="D20211231_Loan11Member" name="ugp:LoanDescription" id="Tag3930" escape="true">Debentures &#8211; Ipiranga</ix:nonNumeric></ix:nonNumeric> (f<span style="border-left: none; border-right: none;">.1</span> and f<span style="border-left: none; border-right: none;">.3</span>) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_Loan11Member" name="ugp:BrazilianRealDenominatedLoans" unitRef="BRL" id="Tag1638" decimals="-3" scale="3" format="ixt:num-dot-decimal">771,538</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_Loan11Member" name="ugp:BrazilianRealDenominatedLoans" unitRef="BRL" id="Tag107" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,679,036</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_Loan11Member" name="ugp:LoanIndexCurrency" id="Tag7949" escape="true"><ix:nonNumeric contextRef="D20211231_Loan11Member" name="ugp:LoanIndexCurrency" id="Tag4259" escape="true">DI</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_Loan11Member" name="ifrs-full:BorrowingsInterestRate" unitRef="Pure" id="Tag7965" decimals="3" scale="-2" format="ixt:num-dot-decimal"><ix:nonFraction contextRef="I20211231_Loan11Member" name="ifrs-full:BorrowingsInterestRate" unitRef="Pure" id="Tag4540" decimals="3" scale="-2" format="ixt:num-dot-decimal">105.0</ix:nonFraction></ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_Loan11Member" name="ifrs-full:BorrowingsMaturity" id="Tag7943" escape="true"><ix:nonNumeric contextRef="D20211231_Loan11Member" name="ifrs-full:BorrowingsMaturity" id="Tag4214" escape="true">2022</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 16px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 16px; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> <ix:nonNumeric contextRef="D20201231_Loan12Member" name="ugp:LoanDescription" id="Tag7937" escape="true"><ix:nonNumeric contextRef="D20211231_Loan12Member" name="ugp:LoanDescription" id="Tag4297" escape="true">Debentures &#8211; Ultracargo Log&#237;stica and Tequimar Vila do Conde</ix:nonNumeric></ix:nonNumeric> (f<span style="border-left: none; border-right: none;">.8</span> and f<span style="border-left: none; border-right: none;">.9</span>) (*) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 16px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_Loan12Member" name="ugp:BrazilianRealDenominatedLoans" unitRef="BRL" id="Tag6843" decimals="-3" scale="3" format="ixt:num-dot-decimal">466,061</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 16px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 16px; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 16px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_Loan12Member" name="ugp:BrazilianRealDenominatedLoans" unitRef="BRL" id="Tag125" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 16px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 16px; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 16px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_Loan12Member" name="ugp:LoanIndexCurrency" id="Tag7962" escape="true"><ix:nonNumeric contextRef="D20211231_Loan12Member" name="ugp:LoanIndexCurrency" id="Tag6856" escape="true">IPCA</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 16px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_Loan12Member" name="ifrs-full:BorrowingsInterestRate" unitRef="Pure" id="Tag7995" decimals="3" scale="-2" format="ixt:num-dot-decimal"><ix:nonFraction contextRef="I20211231_Loan12Member" name="ifrs-full:BorrowingsInterestRate" unitRef="Pure" id="Tag4439" decimals="3" scale="-2" format="ixt:num-dot-decimal">4.1</ix:nonFraction></ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 16px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_Loan12Member" name="ifrs-full:BorrowingsMaturity" id="Tag7985" escape="true"><ix:nonNumeric contextRef="D20211231_Loan12Member" name="ifrs-full:BorrowingsMaturity" id="Tag6846" escape="true">2028</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> <ix:nonNumeric contextRef="D20201231_Loan13Member" name="ugp:LoanDescription" id="Tag7989" escape="true"><ix:nonNumeric contextRef="D20211231_Loan13Member" name="ugp:LoanDescription" id="Tag4049" escape="true">Banco do Brasil</ix:nonNumeric></ix:nonNumeric> (e) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_Loan13Member" name="ugp:BrazilianRealDenominatedLoans" unitRef="BRL" id="Tag4209" decimals="-3" scale="3" format="ixt:num-dot-decimal">204,813</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_Loan13Member" name="ugp:BrazilianRealDenominatedLoans" unitRef="BRL" id="Tag4162" decimals="-3" scale="3" format="ixt:num-dot-decimal">407,420</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_Loan13Member" name="ugp:LoanIndexCurrency" id="Tag7948" escape="true"><ix:nonNumeric contextRef="D20211231_Loan13Member" name="ugp:LoanIndexCurrency" id="Tag4210" escape="true">DI</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_Loan13Member" name="ifrs-full:BorrowingsInterestRate" unitRef="Pure" id="Tag7966" decimals="3" scale="-2" format="ixt:num-dot-decimal"><ix:nonFraction contextRef="I20211231_Loan13Member" name="ifrs-full:BorrowingsInterestRate" unitRef="Pure" id="Tag4174" decimals="3" scale="-2" format="ixt:num-dot-decimal">110.9</ix:nonFraction></ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_Loan13Member" name="ifrs-full:BorrowingsMaturity" id="Tag7973" escape="true"><ix:nonNumeric contextRef="D20211231_Loan13Member" name="ifrs-full:BorrowingsMaturity" id="Tag4086" escape="true">2022</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> <ix:nonNumeric contextRef="D20201231_Loan14Member" name="ugp:LoanDescription" id="Tag7938" escape="true"><ix:nonNumeric contextRef="D20211231_Loan14Member" name="ugp:LoanDescription" id="Tag4050" escape="true">Debentures &#8211; Ultracargo Log&#237;stica</ix:nonNumeric></ix:nonNumeric> (f<span style="border-left: none; border-right: none;">.7</span>) (*) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_Loan14Member" name="ugp:BrazilianRealDenominatedLoans" unitRef="BRL" id="Tag3708" decimals="-3" scale="3" format="ixt:num-dot-decimal">80,946</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_Loan14Member" name="ugp:BrazilianRealDenominatedLoans" unitRef="BRL" id="Tag4068" decimals="-3" scale="3" format="ixt:num-dot-decimal">92,541</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_Loan14Member" name="ugp:LoanIndexCurrency" id="Tag7960" escape="true"><ix:nonNumeric contextRef="D20211231_Loan14Member" name="ugp:LoanIndexCurrency" id="Tag4257" escape="true">R$</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_Loan14Member" name="ifrs-full:BorrowingsInterestRate" unitRef="Pure" id="Tag7996" decimals="3" scale="-2" format="ixt:num-dot-decimal"><ix:nonFraction contextRef="I20211231_Loan14Member" name="ifrs-full:BorrowingsInterestRate" unitRef="Pure" id="Tag6821" decimals="3" scale="-2" format="ixt:num-dot-decimal">6.5</ix:nonFraction></ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_Loan14Member" name="ifrs-full:BorrowingsMaturity" id="Tag7986" escape="true"><ix:nonNumeric contextRef="D20211231_Loan14Member" name="ifrs-full:BorrowingsMaturity" id="Tag3992" escape="true">2024</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_Loan15Member" name="ugp:LoanDescription" id="Tag7990" escape="true"><ix:nonNumeric contextRef="D20211231_Loan15Member" name="ugp:LoanDescription" id="Tag3977" escape="true">Bank Credit Bill</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_Loan15Member" name="ugp:BrazilianRealDenominatedLoans" unitRef="BRL" id="Tag4415" decimals="-3" scale="3" format="ixt:num-dot-decimal">51,179</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_Loan15Member" name="ugp:BrazilianRealDenominatedLoans" unitRef="BRL" id="Tag40" decimals="-3" scale="3" format="ixt:num-dot-decimal">50,692</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_Loan15Member" name="ugp:LoanIndexCurrency" id="Tag7947" escape="true"><ix:nonNumeric contextRef="D20211231_Loan15Member" name="ugp:LoanIndexCurrency" id="Tag4205" escape="true">R$ + DI</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_Loan15Member" name="ifrs-full:BorrowingsInterestRate" unitRef="Pure" id="Tag7967" decimals="3" scale="-2" format="ixt:num-dot-decimal"><ix:nonFraction contextRef="I20211231_Loan15Member" name="ifrs-full:BorrowingsInterestRate" unitRef="Pure" id="Tag4169" decimals="3" scale="-2" format="ixt:num-dot-decimal">2.0</ix:nonFraction></ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_Loan15Member" name="ifrs-full:BorrowingsMaturity" id="Tag7974" escape="true"><ix:nonNumeric contextRef="D20211231_Loan15Member" name="ifrs-full:BorrowingsMaturity" id="Tag3836" escape="true">2022</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_Loan16Member" name="ugp:LoanDescription" id="Tag7997" escape="true"><ix:nonNumeric contextRef="D20211231_Loan16Member" name="ugp:LoanDescription" id="Tag6814" escape="true">Financial institutions</ix:nonNumeric></ix:nonNumeric> (d) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_Loan16Member" name="ugp:BrazilianRealDenominatedLoans" unitRef="BRL" id="Tag4407" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,564</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_Loan16Member" name="ugp:BrazilianRealDenominatedLoans" unitRef="BRL" id="Tag2141" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_Loan16Member" name="ugp:LoanIndexCurrency" id="Tag7946" escape="true"><ix:nonNumeric contextRef="D20211231_Loan16Member" name="ugp:LoanIndexCurrency" id="Tag4290" escape="true">R$</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_Loan16Member" name="ifrs-full:BorrowingsInterestRate" unitRef="Pure" id="Tag7968" decimals="2" scale="-2" format="ixt:fixed-zero"><ix:nonFraction contextRef="I20211231_Loan16Member" name="ifrs-full:BorrowingsInterestRate" unitRef="Pure" id="Tag3711" decimals="2" scale="-2" format="ixt:fixed-zero"> - </ix:nonFraction></ix:nonFraction></span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_Loan16Member" name="ifrs-full:BorrowingsMaturity" id="Tag7975" escape="true"><ix:nonNumeric contextRef="D20211231_Loan16Member" name="ifrs-full:BorrowingsMaturity" id="Tag6839" escape="true">2022</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_Loan17Member" name="ugp:LoanDescription" id="Tag7998" escape="true"><ix:nonNumeric contextRef="D20211231_Loan17Member" name="ugp:LoanDescription" id="Tag4197" escape="true">FINEP</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_Loan17Member" name="ugp:BrazilianRealDenominatedLoans" unitRef="BRL" id="Tag4553" decimals="-3" scale="3" format="ixt:num-dot-decimal">326</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_Loan17Member" name="ugp:BrazilianRealDenominatedLoans" unitRef="BRL" id="Tag1640" decimals="-3" scale="3" format="ixt:num-dot-decimal">29,803</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <span style="border-right: none; border-left: none;"><ix:nonNumeric contextRef="D20201231_Loan17Member" name="ugp:LoanIndexCurrency" id="Tag7945" escape="true"><ix:nonNumeric contextRef="D20211231_Loan17Member" name="ugp:LoanIndexCurrency" id="Tag3706" escape="true">TJLP</ix:nonNumeric></ix:nonNumeric><span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;(</span><span style="border-left: none; border-right: none;">3</span><span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></span></span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_Loan17Member" name="ifrs-full:BorrowingsInterestRate" unitRef="Pure" id="Tag7969" decimals="3" scale="-2" sign="-" format="ixt:num-dot-decimal"><ix:nonFraction contextRef="I20211231_Loan17Member" name="ifrs-full:BorrowingsInterestRate" unitRef="Pure" id="Tag4263" decimals="3" scale="-2" format="ixt:num-dot-decimal">1.5</ix:nonFraction></ix:nonFraction>) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_Loan17Member" name="ifrs-full:BorrowingsMaturity" id="Tag7976" escape="true"><ix:nonNumeric contextRef="D20211231_Loan17Member" name="ifrs-full:BorrowingsMaturity" id="Tag6815" escape="true">2022</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_Loan18Member" name="ugp:LoanDescription" id="Tag7999" escape="true"><ix:nonNumeric contextRef="D20211231_Loan18Member" name="ugp:LoanDescription" id="Tag3865" escape="true">Notes - Ultrapar</ix:nonNumeric></ix:nonNumeric> (g<span style="border-left: none; border-right: none;">.1</span>) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_Loan18Member" name="ugp:BrazilianRealDenominatedLoans" unitRef="BRL" id="Tag4260" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_Loan18Member" name="ugp:BrazilianRealDenominatedLoans" unitRef="BRL" id="Tag4141" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,038,499</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_Loan18Member" name="ugp:LoanIndexCurrency" id="Tag7944" escape="true"><ix:nonNumeric contextRef="D20211231_Loan18Member" name="ugp:LoanIndexCurrency" id="Tag4211" escape="true">R$ + DI</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_Loan18Member" name="ifrs-full:BorrowingsInterestRate" unitRef="Pure" id="Tag7970" decimals="2" scale="-2" format="ixt:fixed-zero"><ix:nonFraction contextRef="I20211231_Loan18Member" name="ifrs-full:BorrowingsInterestRate" unitRef="Pure" id="Tag64" decimals="2" scale="-2" format="ixt:fixed-zero"> - </ix:nonFraction></ix:nonFraction></span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_Loan18Member" name="ifrs-full:BorrowingsMaturity" id="Tag7978" escape="true"><ix:nonNumeric contextRef="D20211231_Loan18Member" name="ifrs-full:BorrowingsMaturity" id="Tag4410" escape="true">2021</ix:nonNumeric></ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total in Brazilian Reais </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:BrazilianRealDenominatedLoans" unitRef="BRL" id="Tag4040" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,347,651</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:BrazilianRealDenominatedLoans" unitRef="BRL" id="Tag2142" decimals="-3" scale="3" format="ixt:num-dot-decimal">8,070,530</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 18px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total foreign currency and Brazilian Reais </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ifrs-full:LoansReceived" unitRef="BRL" id="Tag4173" decimals="-3" scale="3" format="ixt:num-dot-decimal">16,180,466</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ifrs-full:LoansReceived" unitRef="BRL" id="Tag4289" decimals="-3" scale="3" format="ixt:num-dot-decimal">17,259,057</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 18px; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Currency and interest rate hedging instruments (**) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <span style="border-right: none; border-left: none;"><ix:nonFraction contextRef="I20211231" name="ifrs-full:DerivativeFinancialLiabilitiesHeldForHedging" unitRef="BRL" id="Tag4230" decimals="-3" scale="3" format="ixt:num-dot-decimal">197,177</ix:nonFraction></span> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ifrs-full:DerivativeFinancialLiabilitiesHeldForHedging" unitRef="BRL" id="Tag211" decimals="-3" scale="3" format="ixt:num-dot-decimal">117,159</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ifrs-full:Borrowings" unitRef="BRL" id="Tag4018" decimals="-3" scale="3" format="ixt:num-dot-decimal">16,377,643</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ifrs-full:Borrowings" unitRef="BRL" id="Tag4252" decimals="-3" scale="3" format="ixt:num-dot-decimal">17,376,216</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 18px; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ifrs-full:CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" unitRef="BRL" id="Tag6818" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,866,051</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ifrs-full:CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" unitRef="BRL" id="Tag4135" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,255,944</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Non-current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ifrs-full:LongtermBorrowings" unitRef="BRL" id="Tag5320" decimals="-3" scale="3" format="ixt:num-dot-decimal">13,511,592</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ifrs-full:LongtermBorrowings" unitRef="BRL" id="Tag2145" decimals="-3" scale="3" format="ixt:num-dot-decimal">14,120,272</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.31579%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">(*) <ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote56"><span style="border-right: none; border-left: none;">These transactions were designated for hedge accounting (see Note <span style="border-left: none; border-right: none;">33</span>.h).</span></ix:footnote></span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">(**) <ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote57"><span style="border-right: none; border-left: none;">Accumulated losses (see Note <span style="border-left: none; border-right: none;">33</span>.i).</span></ix:footnote></span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;"><sup>(1)</sup>&#160;&#160;</span><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote58"><span style="border-right: none; border-left: none;"><span style="border-right: none; border-left: none;"><span style="border-left: none; border-right: none;">LIBOR</span> = London Interbank Offered Rate.</span></span></ix:footnote></span></p>
<p style="margin: 0pt 0pt 0pt 14.2pt; text-align: justify; text-indent: -14.2pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;"><sup><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(2)</span></sup> &#160;</span><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote59"><span style="border-right: none; border-left: none;"><span style="border-right: none; border-left: none;">MX$ = Mexican Peso.</span></span></ix:footnote></span></p>
<p style="margin: 0pt 0pt 0pt 14.2pt; text-align: justify; text-indent: -14.2pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;"><sup><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(3)</span></sup> &#160;</span><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote60"><span style="border-right: none; border-left: none;"><span style="border-right: none; border-left: none;"><span style="border-right: none; border-left: none;">TJLP (Long-term Interest Rate) = set by the National Monetary Council, TJLP is the basic financing cost of Banco Nacional de Desenvolvimento Econ&#244;mico e Social (&#8220;BNDES&#8221;), the Brazilian Development Bank. On December 31, 2021, TJLP was fixed at </span></span><span style="border-left: none; border-right: none;"><span style="border-right: none; border-left: none;"><ix:nonFraction contextRef="I20211231_FixedInterestRateMember" name="ifrs-full:BorrowingsInterestRate" unitRef="Pure" id="Tag4130" decimals="4" scale="-2" format="ixt:num-dot-decimal">5.32</ix:nonFraction></span></span><span style="border-right: none; border-left: none;"><span style="border-right: none; border-left: none;">&#160; % p.a.</span></span></span></ix:footnote></span></p>
</ix:nonNumeric>
<p style="margin: 0pt 0pt 0pt 14.2pt; text-align: justify; text-indent: -14.2pt;"><br/></p>
<div>
<ix:exclude>
<div>
<div id="t_ft_DS7CBTHD6O00000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-83</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
</ix:exclude>
</div>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<ix:nonNumeric contextRef="D20211231_3" name="ugp:SummaryOfChangesInLoansDebenturesAndFinanceLeasesTableTextBlock" id="Tag4147" escape="true">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The changes in loans, financing, debentures and hedge derivative financial instruments are shown below:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_87SDZ3NEAO00000000000000000000b">
<table cellpadding="0" style="height: 425px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 75%; margin-left: auto; margin-right: auto;" width="75%">
<tbody>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Balance as of December 31, 2018 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20181231" name="ifrs-full:Borrowings" unitRef="BRL" id="Tag3713" decimals="-3" scale="3" format="ixt:num-dot-decimal">15,116,139</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> New loans and debentures with cash effect </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ugp:AdditionsLoansAndDebenturesWithCashEffect" unitRef="BRL" id="Tag4028" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,105,737</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest accrued </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ugp:LoandsAndDebenturesInterestAccrued" unitRef="BRL" id="Tag121" decimals="-3" scale="3" format="ixt:num-dot-decimal">845,844</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Principal payment </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231" name="ugp:PrincipalPaymentAndFinancialLeases" unitRef="BRL" id="Tag4537" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,644,704</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest payment </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231" name="ugp:LoansAndDebenturesInterestPayment" unitRef="BRL" id="Tag110" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,469,780</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Monetary and exchange rate variation </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ugp:LoansAndDebenturesMonetaryAndExchangeRateVariation" unitRef="BRL" id="Tag4279" decimals="-3" scale="3" format="ixt:num-dot-decimal">296,441</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Change in fair value </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ugp:LoansAndDeBenturesChangeInFairValue" unitRef="BRL" id="Tag1646" decimals="-3" scale="3" format="ixt:num-dot-decimal">113,060</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Balance as of December 31, 2019 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231" name="ifrs-full:Borrowings" unitRef="BRL" id="Tag3985" decimals="-3" scale="3" format="ixt:num-dot-decimal">14,392,722</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> New loans and debentures with cash effect </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ugp:AdditionsLoansAndDebenturesWithCashEffect" unitRef="BRL" id="Tag3707" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,591,624</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest accrued </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ugp:LoandsAndDebenturesInterestAccrued" unitRef="BRL" id="Tag4295" decimals="-3" scale="3" format="ixt:num-dot-decimal">757,161</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Principal payment </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_3" name="ugp:PrincipalPaymentAndFinancialLeases" unitRef="BRL" id="Tag3868" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,795,002</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest payment </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_3" name="ugp:LoansAndDebenturesInterestPayment" unitRef="BRL" id="Tag4430" decimals="-3" scale="3" format="ixt:num-dot-decimal">740,853</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Monetary and exchange rate variation </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ugp:LoansAndDebenturesMonetaryAndExchangeRateVariation" unitRef="BRL" id="Tag1645" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,048,688</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Change in fair value </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ugp:LoansAndDeBenturesChangeInFairValue" unitRef="BRL" id="Tag4072" decimals="-3" scale="3" format="ixt:num-dot-decimal">34,702</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Hedge result </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ugp:IncreaseDecreaseThroughNetHedgeDifferencesLoansAndBorrowings" unitRef="BRL" id="Tag4538" decimals="-3" scale="3" format="ixt:num-dot-decimal">87,174</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Balance as of December 31, 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ifrs-full:Borrowings" unitRef="BRL" id="Tag4261" decimals="-3" scale="3" format="ixt:num-dot-decimal">17,376,216</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> New loans and debentures with cash effect </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ugp:AdditionsLoansAndDebenturesWithCashEffect" unitRef="BRL" id="Tag6837" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,462,220</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest accrued </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ugp:LoandsAndDebenturesInterestAccrued" unitRef="BRL" id="Tag4282" decimals="-3" scale="3" format="ixt:num-dot-decimal">801,102</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Principal payment </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_3" name="ugp:PrincipalPaymentAndFinancialLeases" unitRef="BRL" id="Tag1642" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,922,214</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest payment </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_3" name="ugp:LoansAndDebenturesInterestPayment" unitRef="BRL" id="Tag6813" decimals="-3" scale="3" format="ixt:num-dot-decimal">749,043</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Monetary and exchange rate variation </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ugp:LoansAndDebenturesMonetaryAndExchangeRateVariation" unitRef="BRL" id="Tag3872" decimals="-3" scale="3" format="ixt:num-dot-decimal">800,749</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Change in fair value </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_3" name="ugp:LoansAndDeBenturesChangeInFairValue" unitRef="BRL" id="Tag4227" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">229,657</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Hedge result </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ugp:IncreaseDecreaseThroughNetHedgeDifferencesLoansAndBorrowings" unitRef="BRL" id="Tag4172" decimals="-3" scale="3" format="ixt:num-dot-decimal">80,018</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Reclassification to liabilities held for sale (i) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_3" name="ugp:DecreaseThroughClassifiedAsHeldForSaleLoansAndBorrowings" unitRef="BRL" id="Tag4178" decimals="-3" scale="3" format="ixt:num-dot-decimal">241,748</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Balance as of December 31, 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ifrs-full:Borrowings" unitRef="BRL" id="Tag4251" decimals="-3" scale="3" format="ixt:num-dot-decimal">16,377,643</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">(i) <span style="border-right: none; border-left: none;">For further information, see Note <span style="border-left: none; border-right: none;">3</span>.c.<span style="border-left: none; border-right: none;">1</span>.</span></span></p>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ugp:SummaryOfPrincipalMaturityScheduleTableTextBlock" id="Tag3809" escape="true">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The long-term&#160; debt had the following principal maturity schedule:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_5496HQ9ZZK00000000000000000000b">
<table cellpadding="0" style="height: 120px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 85%; margin-left: auto; margin-right: auto;" width="85%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.8963%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 12.0352%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 12.0352%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 0.978474%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.8963%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> From 1 to 2 years </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0352%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_LaterThanOneYearAndNotLaterThanTwoYearsMember_4" name="ifrs-full:LongtermBorrowings" unitRef="BRL" id="Tag4448" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,092,734</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0352%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_LaterThanOneYearAndNotLaterThanTwoYearsMember" name="ifrs-full:LongtermBorrowings" unitRef="BRL" id="Tag3866" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,702,626</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.8963%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> From 2 to 3 years </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0352%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_4" name="ifrs-full:LongtermBorrowings" unitRef="BRL" id="Tag126" decimals="-3" scale="3" format="ixt:num-dot-decimal">774,904</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0352%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" name="ifrs-full:LongtermBorrowings" unitRef="BRL" id="Tag4285" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,091,641</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.8963%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> From 3 to 4 years </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0352%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_LaterThanThreeYearsAndNotLaterThanFourYearsMember_1" name="ifrs-full:LongtermBorrowings" unitRef="BRL" id="Tag254" decimals="-3" scale="3" format="ixt:num-dot-decimal">270,401</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.978474%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.978474%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0352%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_LaterThanThreeYearsAndNotLaterThanFourYearsMember" name="ifrs-full:LongtermBorrowings" unitRef="BRL" id="Tag4556" decimals="-3" scale="3" format="ixt:num-dot-decimal">784,778</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.978474%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.8963%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> From 4 to 5 years </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0352%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_LaterThanFourYearsAndNotLaterThanFiveYearsMember_1" name="ifrs-full:LongtermBorrowings" unitRef="BRL" id="Tag175" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,056,499</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0352%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_LaterThanFourYearsAndNotLaterThanFiveYearsMember" name="ifrs-full:LongtermBorrowings" unitRef="BRL" id="Tag4064" decimals="-3" scale="3" format="ixt:num-dot-decimal">231,271</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.8963%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> More than 5 years </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0352%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_LaterThanFiveYearsMember_1" name="ifrs-full:LongtermBorrowings" unitRef="BRL" id="Tag4401" decimals="-3" scale="3" format="ixt:num-dot-decimal">6,317,054</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.978474%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.978474%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0352%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_LaterThanFiveYearsMember" name="ifrs-full:LongtermBorrowings" unitRef="BRL" id="Tag4559" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,309,956</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.978474%;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 72.8963%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 12.0352%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ifrs-full:LongtermBorrowings" unitRef="BRL" id="Tag3697" decimals="-3" scale="3" format="ixt:num-dot-decimal">13,511,592</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.978474%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.978474%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 12.0352%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ifrs-full:LongtermBorrowings" unitRef="BRL" id="Tag4292" decimals="-3" scale="3" format="ixt:num-dot-decimal">14,120,272</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 0.978474%;"><br/></td>
</tr>
</tbody>
</table>
</div>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The transaction costs and issuance premiums associated with debt issuance were added to their financial liabilities, as shown in Note 17.h.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The Company&#8217;s management entered into hedging instruments against foreign exchange and interest rate variations for a portion of its debt obligations (see Note 33.h).&#160;</span></p>
<div>
<div id="t_ft_S6QW8K5F8W00000000000000000000b">
<ix:exclude>
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><br/></p>
<div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-84</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
</ix:exclude>
</div>
</div>
<p style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 9pt; margin: 0px;"><br/></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">b.</span><span style="font-style: italic; font-weight: bold;">&#160;</span><span style="font-style: italic; font-weight: bold;">&#160;</span><span style="font-style: italic; font-weight: bold;">Notes in the foreign market</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">On October 6, 2016 the subsidiary Ultrapar International S.A. (&#8220;Ultrapar International&#8221;) issued US$ <ix:nonFraction contextRef="I20161006_UltraparInternationalSAMember_1" name="ifrs-full:NotesAndDebenturesIssued" unitRef="USD" id="Tag4168" decimals="-3" scale="3" format="ixt:num-dot-decimal">750,000</ix:nonFraction> (equivalent to R$ <ix:nonFraction contextRef="I20161006_UltraparInternationalSAMember_1" name="ifrs-full:NotesAndDebenturesIssued" unitRef="BRL" id="Tag4304" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,185,375</ix:nonFraction> as of December 31, 2021) in notes in the foreign market, maturing in <ix:nonNumeric contextRef="D20161006_UltraparInternationalSAMember_1" name="ifrs-full:BorrowingsMaturity" id="Tag4440" escape="true">October 2026</ix:nonNumeric>, with interest rate of <ix:nonFraction contextRef="I20161006_UltraparInternationalSAMember_1" name="ifrs-full:BorrowingsInterestRate" unitRef="Pure" id="Tag3704" decimals="4" scale="-2" format="ixt:num-dot-decimal">5.25</ix:nonFraction>% p.a., paid semiannually. The issue price was <ix:nonFraction contextRef="D20161006_UltraparInternationalSAMember_1" name="ugp:BondsIssuePriceInPercentage" unitRef="Pure" id="Tag4235" decimals="5" scale="-2" format="ixt:num-dot-decimal">98.097</ix:nonFraction>% of the face value of the note. The notes were guaranteed by the Company and its subsidiary IPP. The Company has designated hedge relationships for this transaction (see Notes 33.h.2 and 33.h.3).</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">On June 6, 2019 the subsidiary Ultrapar International issued US$ <ix:nonFraction contextRef="I20190606_UltraparInternationalSAMember_1" name="ifrs-full:NotesAndDebenturesIssued" unitRef="USD" id="Tag3701" decimals="-3" scale="3" format="ixt:num-dot-decimal">500,000</ix:nonFraction> (equivalent to R$ <ix:nonFraction contextRef="I20190606_UltraparInternationalSAMember_1" name="ifrs-full:NotesAndDebenturesIssued" unitRef="BRL" id="Tag4414" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,790,250</ix:nonFraction> as of December 31, 2021) in notes in the foreign market, maturing in <ix:nonNumeric contextRef="D20190606_UltraparInternationalSAMember_1" name="ifrs-full:BorrowingsMaturity" id="Tag2151" escape="true">June 2029</ix:nonNumeric>, with interest rate of <ix:nonFraction contextRef="I20190606_UltraparInternationalSAMember_1" name="ifrs-full:BorrowingsInterestRate" unitRef="Pure" id="Tag4268" decimals="4" scale="-2" format="ixt:num-dot-decimal">5.25</ix:nonFraction>% p. a., paid semiannually. The issue price was <ix:nonFraction contextRef="D20190606_UltraparInternationalSAMember_1" name="ugp:BondsIssuePriceInPercentage" unitRef="Pure" id="Tag1637" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction>% of the face value of the note. The notes were guaranteed by the Company and its subsidiary IPP. The Company has designated hedge relationships for part of this transaction (see Note 33.h.3).</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">On June 21, 2019, the subsidiary Ultrapar International repurchased US$ <ix:nonFraction contextRef="I20190621_UltraparInternationalSAMember_1" name="ifrs-full:NotesAndDebenturesIssued" unitRef="USD" id="Tag3864" decimals="-3" scale="3" format="ixt:num-dot-decimal">200,000</ix:nonFraction> (equivalent to R$ <ix:nonFraction contextRef="I20190621_UltraparInternationalSAMember_1" name="ifrs-full:NotesAndDebenturesIssued" unitRef="BRL" id="Tag4256" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,116,100</ix:nonFraction> as of December 31, 2021) in notes in the foreign market maturing in <ix:nonNumeric contextRef="D20190621_UltraparInternationalSAMember_1" name="ifrs-full:BorrowingsMaturity" id="Tag4066" escape="true">October 2026</ix:nonNumeric>.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">On July 13, 2020 the subsidiary Ultrapar International carried out the reopening of notes in the foreign market issued in 2019, realizing new issuance in the amount of US$ <ix:nonFraction contextRef="I20200713_UltraparInternationalSAMember_1" name="ifrs-full:NotesAndDebenturesIssued" unitRef="USD" id="Tag4037" decimals="-3" scale="3" format="ixt:num-dot-decimal">350,000</ix:nonFraction> (equivalent to R$ <ix:nonFraction contextRef="I20200713_UltraparInternationalSAMember_1" name="ifrs-full:NotesAndDebenturesIssued" unitRef="BRL" id="Tag4070" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,953,175</ix:nonFraction> as of December 31, 2021) maturing in <ix:nonNumeric contextRef="D20200713_UltraparInternationalSAMember_1" name="ifrs-full:BorrowingsMaturity" id="Tag6828" escape="true">June 2029</ix:nonNumeric>, to the coupon (interest) and yield of <ix:nonFraction contextRef="I20200713_UltraparInternationalSAMember_1" name="ifrs-full:BorrowingsInterestRate" unitRef="Pure" id="Tag4043" decimals="4" scale="-2" format="ixt:num-dot-decimal">5.25</ix:nonFraction>% per year, paid semiannually. The issue price was <ix:nonFraction contextRef="D20200713_UltraparInternationalSAMember_1" name="ugp:BondsIssuePriceInPercentage" unitRef="Pure" id="Tag6854" decimals="5" scale="-2" format="ixt:num-dot-decimal">99.994</ix:nonFraction>% of face value of the note. The notes were guaranteed by the Company and the subsidiary IPP.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">As a result of the issuance of the notes in the foreign market the Company and its subsidiaries are required to perform certain obligations, including:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Restriction on sale of all or substantially all assets of the Company and subsidiaries Ultrapar International and IPP;</span></li>
</ul>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Restriction on encumbrance of assets exceeding US$ <ix:nonFraction contextRef="I20211231_RestrictedAssetsMember" name="ifrs-full:LiabilitiesToWhichSignificantRestrictionsApply" unitRef="USD" id="Tag1484" decimals="-3" scale="3" format="ixt:num-dot-decimal">150,000</ix:nonFraction> (equivalent to R$ <ix:nonFraction contextRef="I20211231_RestrictedAssetsMember" name="ifrs-full:LiabilitiesToWhichSignificantRestrictionsApply" unitRef="BRL" id="Tag4265" decimals="-3" scale="3" format="ixt:num-dot-decimal">837,075</ix:nonFraction> as of December 31, 2021) or <ix:nonFraction contextRef="D20211231_RestrictedAssetsMember" name="ugp:ValueOfAssetsPercentage" unitRef="Pure" id="Tag4167" decimals="2" scale="-2" format="ixt:num-dot-decimal">15</ix:nonFraction>% of the amount of the consolidated tangible assets.</span></li>
</ul>
<p style="margin: 0pt; text-align: justify;"><span style="background-color: #ffffff; font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The Company and its subsidiaries are in compliance with the levels of covenants required by this debt. The restrictions imposed on the Company and its subsidiaries are customary in transactions of this nature and have not limited their ability to conduct their business to date.</span></p>
<div>
<div id="t_ft_1Q4AT3OZKW00000000000000000000b">
<ix:exclude>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-85</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
</ix:exclude>
</div>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><br/></p>
</div>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">c. Foreign </span><span style="font-style: italic; font-weight: bold;">l</span><span style="font-style: italic; font-weight: bold;">oans</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">c.1</span><span style="font-weight: bold;">.</span><span style="font-weight: bold;"> </span>The subsidiary IPP has foreign loans in the amount of US$ <ix:nonFraction contextRef="I20211231_ForeignLoansMember_IpirangaProdutosdePetroleoSAMember" name="ugp:ForeignCurrencyDenominatedLoans" unitRef="USD" id="Tag1641" decimals="-3" scale="3" format="ixt:num-dot-decimal">175,000</ix:nonFraction> (equivalent to R$ <ix:nonFraction contextRef="I20211231_ForeignLoansMember_IpirangaProdutosdePetroleoSAMember" name="ugp:ForeignCurrencyDenominatedLoans" unitRef="BRL" id="Tag6852" decimals="-3" scale="3" format="ixt:num-dot-decimal">976,588</ix:nonFraction> as of December 31, 2021). IPP also contracted hedging instruments with floating interest rate in U.S. dollar and exchange rate variation, changing the foreign loans charges, on average, to <ix:nonNumeric contextRef="D20211231_IpirangaProdutosdePetroleoSAMember_ForeignLoansMember" name="ifrs-full:BorrowingsInterestRateBasis" id="Tag4274" escape="true">104.9% of DI</ix:nonNumeric>. IPP designated these hedging instruments as a fair value hedge (see Note 33.h.1). Therefore, loans and hedging instruments are both measured at fair value from inception, with changes in fair value recognized through profit or loss. The foreign loans are secured by the Company.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ugp:SummaryOfForeignLoanMaturityTableTextBlock" id="Tag3811" escape="true">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The foreign loans have the maturity distributed as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_OMKLZX40SG00000000000000000000b">
<table cellpadding="0" style="height: 95px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 58.8454%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Maturity </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9181%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> US$ </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11732%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.931099%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.1043%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> R$ </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.931099%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.931099%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.1043%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Cost in % of DI </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.8622%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 58.8454%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Charges <span style="font-size: 8pt;"><sup>(1)</sup></span></span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff; width: 11.9181%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_IpirangaProdutosdePetroleoSAMember_ForeignLoansMember_ChargesMember" name="ifrs-full:Borrowings" unitRef="USD" id="Tag3838" decimals="-3" scale="3" format="ixt:num-dot-decimal">6,234</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff; width: 1.11732%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff; width: 0.931099%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff; width: 12.1043%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_IpirangaProdutosdePetroleoSAMember_ForeignLoansMember_ChargesMember" name="ifrs-full:Borrowings" unitRef="BRL" id="Tag2139" decimals="-3" scale="3" format="ixt:num-dot-decimal">34,786</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff; width: 0.931099%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff; width: 0.931099%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff; width: 12.1043%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_IpirangaProdutosdePetroleoSAMember_ForeignLoansMember_ChargesMember" name="ifrs-full:BorrowingsAdjustmentToInterestRateBasis" unitRef="Pure" id="Tag3702" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff; width: 1.8622%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 58.8454%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_IpirangaProdutosdePetroleoSAMember_ForeignLoansMember_ForeignLoanOneMember" name="ifrs-full:BorrowingsMaturity" id="Tag4433" escape="true">Jun/2022</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 11.9181%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_IpirangaProdutosdePetroleoSAMember_ForeignLoansMember_ForeignLoanOneMember" name="ifrs-full:Borrowings" unitRef="USD" id="Tag4046" decimals="-3" scale="3" format="ixt:num-dot-decimal">50,000</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11732%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.931099%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 12.1043%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_IpirangaProdutosdePetroleoSAMember_ForeignLoansMember_ForeignLoanOneMember" name="ifrs-full:Borrowings" unitRef="BRL" id="Tag43" decimals="-3" scale="3" format="ixt:num-dot-decimal">279,025</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.931099%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.931099%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 12.1043%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_IpirangaProdutosdePetroleoSAMember_ForeignLoansMember_ForeignLoanOneMember" name="ifrs-full:BorrowingsAdjustmentToInterestRateBasis" unitRef="Pure" id="Tag4045" decimals="3" scale="-2" format="ixt:num-dot-decimal">105.0</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.8622%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 58.8454%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_IpirangaProdutosdePetroleoSAMember_ForeignLoansMember_ForeignLoanTwoMember" name="ifrs-full:BorrowingsMaturity" id="Tag6812" escape="true">Sep/2023</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 11.9181%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_IpirangaProdutosdePetroleoSAMember_ForeignLoansMember_ForeignLoanTwoMember" name="ifrs-full:Borrowings" unitRef="USD" id="Tag2143" decimals="-3" scale="3" format="ixt:num-dot-decimal">60,000</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.11732%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 0.931099%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 12.1043%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_IpirangaProdutosdePetroleoSAMember_ForeignLoansMember_ForeignLoanTwoMember" name="ifrs-full:Borrowings" unitRef="BRL" id="Tag6820" decimals="-3" scale="3" format="ixt:num-dot-decimal">334,830</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 0.931099%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 0.931099%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 12.1043%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_IpirangaProdutosdePetroleoSAMember_ForeignLoansMember_ForeignLoanTwoMember" name="ifrs-full:BorrowingsAdjustmentToInterestRateBasis" unitRef="Pure" id="Tag4036" decimals="3" scale="-2" format="ixt:num-dot-decimal">105.0</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.8622%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 58.8454%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_IpirangaProdutosdePetroleoSAMember_ForeignLoansMember_ForeignLoanThreeMember" name="ifrs-full:BorrowingsMaturity" id="Tag4126" escape="true">Sep/2023</ix:nonNumeric> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 11.9181%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_IpirangaProdutosdePetroleoSAMember_ForeignLoansMember_ForeignLoanThreeMember" name="ifrs-full:Borrowings" unitRef="USD" id="Tag3837" decimals="-3" scale="3" format="ixt:num-dot-decimal">65,000</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11732%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.931099%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 12.1043%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_IpirangaProdutosdePetroleoSAMember_ForeignLoansMember_ForeignLoanThreeMember" name="ifrs-full:Borrowings" unitRef="BRL" id="Tag4216" decimals="-3" scale="3" format="ixt:num-dot-decimal">362,733</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.931099%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.931099%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 12.1043%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_IpirangaProdutosdePetroleoSAMember_ForeignLoansMember_ForeignLoanThreeMember" name="ifrs-full:BorrowingsAdjustmentToInterestRateBasis" unitRef="Pure" id="Tag7033" decimals="3" scale="-2" format="ixt:num-dot-decimal">104.8</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.8622%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 58.8454%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total / average cost </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 11.9181%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_ForeignLoansMember_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:Borrowings" unitRef="USD" id="Tag4249" decimals="-3" scale="3" format="ixt:num-dot-decimal">181,234</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.11732%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 0.931099%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 12.1043%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_ForeignLoansMember_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:Borrowings" unitRef="BRL" id="Tag3990" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,011,374</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 0.931099%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 0.931099%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 12.1043%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_ForeignLoansMember_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:BorrowingsAdjustmentToInterestRateBasis" unitRef="Pure" id="Tag4132" decimals="3" scale="-2" format="ixt:num-dot-decimal">104.9</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 1.8622%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><sup><sup><span style="font-family: 'Times New Roman'; font-size: 6pt; vertical-align: super;"> </span></sup></sup><span style="font-size: 10pt; font-family: 'times new roman', times;"><sup><sup><span style="vertical-align: super;">(1)</span></sup></sup> <ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote62"><span style="border-right: none; border-left: none;">Includes interest, transaction costs and fair value adjustments.</span></ix:footnote></span></p>
</ix:nonNumeric>
<div style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff;">
<p style="margin: 0pt; text-align: justify;"><br/></p>
</div>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-style: italic; font-weight: bold;">d. Financial </span><span style="font-style: italic; font-weight: bold;">i</span><span style="font-style: italic; font-weight: bold;">nstitutions</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">In December 2021, the subsidiary Abastece A&#237; ended the year with a short-term liabilities in the amount of R$ <ix:nonFraction contextRef="I20211231_AbasteceAiMember_1" name="ifrs-full:ShorttermBorrowings" unitRef="BRL" id="Tag6858" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,564</ix:nonFraction>.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The subsidiary Oxiteno M&#233;xico S.A de C.V has contracted loan of US$ <ix:nonFraction contextRef="I20211231_OxitenoMexicoSADeCVMember" name="ifrs-full:LoansReceived" unitRef="USD" id="Tag3988" decimals="-3" scale="3" format="ixt:num-dot-decimal">20,000</ix:nonFraction> with maturity in <ix:nonNumeric contextRef="D20211231_OxitenoMexicoSADeCVMember" name="ifrs-full:BorrowingsMaturity" id="Tag62" escape="true">April 2022</ix:nonNumeric>. The other maturities of this item are represented by Oxiteno Uruguay with maturities between October 2021 and July 2022 and by Oxiteno USA, which has already been fully settled on its maturity in September 2021. As of December 31, 2021 the balances of R$ <ix:nonFraction contextRef="D20211231_OxitenoMexicoSADeCVMember" name="ugp:DecreaseThroughClassifiedAsHeldForSaleLoansAndBorrowings" unitRef="BRL" id="Tag22" decimals="-3" scale="3" format="ixt:num-dot-decimal">163,478</ix:nonFraction> were reclassified to liabilities held for sale.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-style: italic; font-weight: bold;">e. </span><span style="font-style: italic; font-weight: bold;">Banco do Brasil</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The subsidiary IPP has floating interest rate loans with Banco do Brasil in the amount of R$ <ix:nonFraction contextRef="I20211231_BancoDoBrasilMember_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:LoansReceived" unitRef="BRL" id="Tag4281" decimals="-3" scale="3" format="ixt:num-dot-decimal">204,813</ix:nonFraction> as of December 31, 2021, of which R$ <ix:nonFraction contextRef="I20211231_BancoDoBrasilMember_IpirangaProdutosdePetroleoSAMember_ChargesMember" name="ifrs-full:LoansReceived" unitRef="BRL" id="Tag4250" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,646</ix:nonFraction> in charges, intended for marketing, processing, or manufacturing of agricultural goods (ethanol) with maturity in <ix:nonNumeric contextRef="D20211231_BancoDoBrasilMember_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:BorrowingsMaturity" id="Tag4299" escape="true">May 2022</ix:nonNumeric>.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div>
<div id="t_ft_YUG7UATWBK00000000000000000000b">
<ix:exclude>
<div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt; height: 17px;">
<tbody>
<tr style="height: 17px;">
<td class="pgno" style="padding: 0px; text-align: center; height: 17px;"><span style="font-size: 10pt;" class="pageno">F-86</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
</ix:exclude>
</div>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff;">
<p style="margin: 0pt; text-align: justify;"><br/></p>
</div>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-style: italic; font-weight: bold;">f. </span><span style="font-style: italic; font-weight: bold;">Debentures</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ugp:SummaryOfDebenturesTableTextBlock" id="Tag3810" escape="true">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-weight: bold;">f</span><span style="font-weight: bold;">.</span><span style="font-weight: bold;">1</span> In May 2016 the subsidiary IPP carried out fourth issuance of public debentures, in <ix:nonFraction contextRef="I20160531_DebenturesFourthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ugp:NumberOfDebentureSeriesIssued" unitRef="Pure" id="Tag3699" decimals="0" format="ixt-sec:numwordsen">one</ix:nonFraction> single series of <ix:nonFraction contextRef="D20160531_DebentureOneMember_DebenturesFourthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ugp:NumberOfDebenturesDistributedThroughPublicOffer" unitRef="Debentures" id="Tag4217" decimals="0" format="ixt:num-dot-decimal">500</ix:nonFraction> simple, nominative, registered debentures, nonconvertible into shares and unsecured, which main characteristics are as follows:&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_R7PIJ1M4Z400000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 102px;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Face value unit: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ <ix:nonFraction contextRef="I20211231_DebentureOneMember_DebenturesFourthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ugp:FaceValuePerDebtInstrument" unitRef="BRLPerShare" id="Tag3922" decimals="2" format="ixt:num-dot-decimal">1,000,000.00</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Final maturity: </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DebentureOneMember_DebenturesFourthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:BorrowingsMaturity" id="Tag4303" escape="true">May 25, 2021</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of the face value: </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DebentureOneMember_DebenturesFourthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ugp:DebenturePaymentOfFaceValueDescription" id="Tag23" escape="true">Annual as from May 2019</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest: </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DebentureOneMember_DebenturesFourthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:BorrowingsInterestRateBasis" id="Tag1647" escape="true">105.0% of DI</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest: </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DebentureOneMember_DebenturesFourthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ugp:DebenturePaymentOfInterestDescription" id="Tag4302" escape="true">Semiannually</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Reprice: </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DebentureOneMember_DebenturesFourthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ugp:DebentureReprice" id="Tag4035" escape="true">Not applicable</ix:nonNumeric> </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Subsidiary IPP paid in advance its fourth public issuance of debentures upon maturity.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-weight: bold;">f</span><span style="font-weight: bold;">.</span><span style="font-weight: bold;">2</span> In April 2017 the subsidiary IPP carried out its fifth issuance of debentures, in <ix:nonFraction contextRef="I20170430_DebenturesFifthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ugp:NumberOfDebentureSeriesIssued" unitRef="Pure" id="Tag4253" decimals="0" format="ixt-sec:numwordsen">two</ix:nonFraction> series, being one of <ix:nonFraction contextRef="I20170430_DebentureTwoMember_DebenturesFifthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:NotionalAmount" unitRef="BRL" id="Tag4403" decimals="-3" scale="3" format="ixt:num-dot-decimal">660,139</ix:nonFraction> and another of <ix:nonFraction contextRef="I20170430_DebentureThreeMember_DebenturesFifthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:NotionalAmount" unitRef="BRL" id="Tag3976" decimals="-3" scale="3" format="ixt:num-dot-decimal">352,361</ix:nonFraction>, simple, nonconvertible into shares, nominative, book-entry and unsecured debentures. The debentures have been subscribed by Eco Consult &#8211; Consultoria de Opera&#231;&#245;es Financeiras Agropecu&#225;rias Ltda. The proceeds from this issuance were used exclusively for the purchase of ethanol by subsidiary IPP.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The debentures were later assigned and transferred to Eco Securitizadora de Direitos Credit&#243;rios do Agroneg&#243;cio S.A. that acquired these agribusiness credit rights with the purpose to bind the issuance of Certificates of Agribusiness Receivables (CRA). The debentures have an additional guarantee from Ultrapar and the main characteristics of the debentures are as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_6AFNJAXQ7400000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 119px;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Amount: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DebentureTwoMember_IpirangaProdutosdePetroleoSAMember_DebenturesFifthIssueMember" name="ifrs-full:NotionalAmount" unitRef="BRL" id="Tag4134" decimals="-3" scale="3" format="ixt:num-dot-decimal">660,139</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Face value unit: </span></p>
</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ <ix:nonFraction contextRef="I20211231_DebentureTwoMember_IpirangaProdutosdePetroleoSAMember_DebenturesFifthIssueMember" name="ugp:FaceValuePerDebtInstrument" unitRef="BRLPerShare" id="Tag208" decimals="2" format="ixt:num-dot-decimal">1,000.00</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Final maturity: </span></p>
</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> <ix:nonNumeric contextRef="D20211231_DebentureTwoMember_DebenturesFifthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:BorrowingsMaturity" id="Tag63" escape="true">April 18, 2022</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of the face value: </span></p>
</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DebentureTwoMember_DebenturesFifthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ugp:DebenturePaymentOfFaceValueDescription" id="Tag3841" escape="true">Lump sum at final maturity</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest: </span></p>
</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> <ix:nonNumeric contextRef="D20211231_DebentureTwoMember_DebenturesFifthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:BorrowingsInterestRateBasis" id="Tag109" escape="true">95.0% of DI</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest: </span></p>
</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DebentureTwoMember_DebenturesFifthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ugp:DebenturePaymentOfInterestDescription" id="Tag3834" escape="true">Semiannually</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Reprice: </span></p>
</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DebentureTwoMember_DebenturesFifthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ugp:DebentureReprice" id="Tag6835" escape="true">Not applicable</ix:nonNumeric> </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="font-size: 11pt; line-height: 115%; margin: 2pt 0pt 10pt; text-align: justify;"><span style="font-family: Times; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_MOWS3Y145C00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 119px;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Amount: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DebentureThreeMember_DebenturesFifthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:NotionalAmount" unitRef="BRL" id="Tag4554" decimals="-3" scale="3" format="ixt:num-dot-decimal">352,361</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Face value unit: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ <ix:nonFraction contextRef="I20211231_DebentureThreeMember_DebenturesFifthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ugp:FaceValuePerDebtInstrument" unitRef="BRLPerShare" id="Tag116" decimals="2" format="ixt:num-dot-decimal">1,000.00</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Final maturity: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> <ix:nonNumeric contextRef="D20211231_DebentureThreeMember_DebenturesFifthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:BorrowingsMaturity" id="Tag4139" escape="true">April 15, 2024</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of the face value: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DebentureThreeMember_DebenturesFifthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ugp:DebenturePaymentOfFaceValueDescription" id="Tag4133" escape="true">Lump sum at final maturity</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> <ix:nonNumeric contextRef="D20211231_DebentureThreeMember_DebenturesFifthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:BorrowingsInterestRateBasis" id="Tag4449" escape="true">IPCA + 4.68%</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DebentureThreeMember_DebenturesFifthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ugp:DebenturePaymentOfInterestDescription" id="Tag3931" escape="true">Annually</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Reprice: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DebentureThreeMember_DebenturesFifthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ugp:DebentureReprice" id="Tag3921" escape="true">Not applicable</ix:nonNumeric> </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The subsidiary IPP contracted hedging instruments subjected to IPCA variation, changing the debentures charges linked to&#160;<ix:nonNumeric contextRef="D20211231_DebenturesFifthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:BorrowingsInterestRateBasis" id="Tag4232" escape="true">IPCA to 93.9 % of DI</ix:nonNumeric>. IPP designated these hedging instruments as fair value hedges; therefore, debentures and hedging instruments are both measured at fair value from inception, with changes in fair value recognized through profit or loss.</span></p>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<div>
<div id="t_ft_ITNOTPRVB400000000000000000000b">
<ix:exclude>
<div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt; height: 17px;">
<tbody>
<tr style="height: 17px;">
<td class="pgno" style="padding: 0px; text-align: center; height: 17px;"><span style="font-size: 10pt;" class="pageno">F-87</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
</ix:exclude>
</div>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff;">
<p style="margin: 0pt; text-align: justify;"><br/></p>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-weight: bold;">f</span><span style="font-weight: bold;">.</span><span style="font-weight: bold;">3</span> In July 2017 the subsidiary IPP carried out sixth issuance of public debentures, in <ix:nonFraction contextRef="I20170731_DebenturesSixthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ugp:NumberOfDebentureSeriesIssued" unitRef="Pure" id="Tag205" decimals="0" format="ixt-sec:numwordsen">one</ix:nonFraction> single series of <ix:nonFraction contextRef="D20170731_DebentureFourMember_DebenturesSixthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ugp:NumberOfDebenturesDistributedThroughPublicOffer" unitRef="Debentures" id="Tag4014" decimals="0" format="ixt:num-dot-decimal">1,500,000</ix:nonFraction> simple, nonconvertible into shares and unsecured debentures, which main characteristics are as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_XRQ5BEJ3SW00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 102px;" width="80%">
<tbody>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Face value unit: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ <ix:nonFraction contextRef="I20211231_DebentureFourMember_DebenturesSixthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ugp:FaceValuePerDebtInstrument" unitRef="BRLPerShare" id="Tag7034" decimals="2" format="ixt:num-dot-decimal">1,000.00</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Final maturity: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DebentureFourMember_DebenturesSixthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:BorrowingsMaturity" id="Tag4025" escape="true">July 28, 2022</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of the face value: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DebentureFourMember_DebenturesSixthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ugp:DebenturePaymentOfFaceValueDescription" id="Tag4219" escape="true">Annual as from July 2021</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DebentureFourMember_DebenturesSixthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:BorrowingsInterestRateBasis" id="Tag3989" escape="true">105.0% of DI</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DebentureFourMember_DebenturesSixthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ugp:DebenturePaymentOfInterestDescription" id="Tag4019" escape="true">Annually</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Reprice: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DebentureFourMember_DebenturesSixthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ugp:DebentureReprice" id="Tag3703" escape="true">Not applicable</ix:nonNumeric> </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-weight: bold;">f</span><span style="font-weight: bold;">.</span><span style="font-weight: bold;">4</span> In October 2017 the subsidiary IPP carried out its seventh issuance of debentures in the amount of R$ <ix:nonFraction contextRef="I20171031_DebenturesSeventhIssueMember_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:NotionalAmount" unitRef="BRL" id="Tag4022" decimals="-3" scale="3" format="ixt:num-dot-decimal">944,077</ix:nonFraction>, in <ix:nonFraction contextRef="I20171031_DebenturesSeventhIssueMember_IpirangaProdutosdePetroleoSAMember" name="ugp:NumberOfDebentureSeriesIssued" unitRef="Pure" id="Tag4155" decimals="0" format="ixt-sec:numwordsen">two</ix:nonFraction> series, being on of <ix:nonFraction contextRef="I20171031_DebentureFiveMember_DebenturesSeventhIssueMember_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:NotionalAmount" unitRef="BRL" id="Tag4024" decimals="-3" scale="3" format="ixt:num-dot-decimal">730,384</ix:nonFraction> and another of <ix:nonFraction contextRef="I20171031_DebentureSixMember_DebenturesSeventhIssueMember_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:NotionalAmount" unitRef="BRL" id="Tag6816" decimals="-3" scale="3" format="ixt:num-dot-decimal">213,693</ix:nonFraction>, simple, nonconvertible into shares, nominative, book-entry and unsecured debentures. The debentures have been subscribed by Vert Companhia Securitizadora. The proceeds from this issuance were used exclusively for the purchase of ethanol by subsidiary IPP.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The debentures were later assigned and transferred to Vert Cr&#233;ditos Ltda., that acquired these agribusiness credit rights with the purpose to bind the issuance of Certificates of Agribusiness Receivables (CRA). The financial settlement occurred on November 1, 2017. The debentures have an additional guarantee from Ultrapar and the main characteristics of the debentures are as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<div id="t_ft_X0I67TMIPS00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 119px;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Amount: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DebentureFiveMember_DebenturesSeventhIssueMember_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:NotionalAmount" unitRef="BRL" id="Tag3696" decimals="-3" scale="3" format="ixt:num-dot-decimal">730,384</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Face value unit: </span></p>
</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ <ix:nonFraction contextRef="I20211231_DebentureFiveMember_DebenturesSeventhIssueMember_IpirangaProdutosdePetroleoSAMember" name="ugp:FaceValuePerDebtInstrument" unitRef="BRLPerShare" id="Tag1" decimals="2" format="ixt:num-dot-decimal">1,000.00</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Final maturity: </span></p>
</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> <ix:nonNumeric contextRef="D20211231_DebentureFiveMember_DebenturesSeventhIssueMember_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:BorrowingsMaturity" id="Tag4175" escape="true">October 24, 2022</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of the face value: </span></p>
</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DebentureFiveMember_DebenturesSeventhIssueMember_IpirangaProdutosdePetroleoSAMember" name="ugp:DebenturePaymentOfFaceValueDescription" id="Tag3712" escape="true">Lump sum at final maturity</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest: </span></p>
</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> <ix:nonNumeric contextRef="D20211231_DebentureFiveMember_DebenturesSeventhIssueMember_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:BorrowingsInterestRateBasis" id="Tag3991" escape="true">95.0% of DI</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest: </span></p>
</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DebentureFiveMember_DebenturesSeventhIssueMember_IpirangaProdutosdePetroleoSAMember" name="ugp:DebenturePaymentOfInterestDescription" id="Tag3980" escape="true">Semiannually</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Reprice: </span></p>
</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DebentureFiveMember_DebenturesSeventhIssueMember_IpirangaProdutosdePetroleoSAMember" name="ugp:DebentureReprice" id="Tag4231" escape="true">Not applicable</ix:nonNumeric> </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_NBDFWDCASW00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 119px;" width="80%">
<tbody>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Amount: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DebentureSixMember_DebenturesSeventhIssueMember_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:NotionalAmount" unitRef="BRL" id="Tag3839" decimals="-3" scale="3" format="ixt:num-dot-decimal">213,693</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Face value unit: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ <ix:nonFraction contextRef="I20211231_DebentureSixMember_DebenturesSeventhIssueMember_IpirangaProdutosdePetroleoSAMember" name="ugp:FaceValuePerDebtInstrument" unitRef="BRLPerShare" id="Tag4023" decimals="2" format="ixt:num-dot-decimal">1,000.00</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Final maturity: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> <ix:nonNumeric contextRef="D20211231_DebentureSixMember_DebenturesSeventhIssueMember_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:BorrowingsMaturity" id="Tag4221" escape="true">October 24, 2024</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of the face value: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DebentureSixMember_DebenturesSeventhIssueMember_IpirangaProdutosdePetroleoSAMember" name="ugp:DebenturePaymentOfFaceValueDescription" id="Tag4208" escape="true">Lump sum at final maturity</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> <ix:nonNumeric contextRef="D20211231_DebentureSixMember_DebenturesSeventhIssueMember_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:BorrowingsInterestRateBasis" id="Tag4229" escape="true">IPCA + 4.34%</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DebentureSixMember_DebenturesSeventhIssueMember_IpirangaProdutosdePetroleoSAMember" name="ugp:DebenturePaymentOfInterestDescription" id="Tag3873" escape="true">Annually</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Reprice: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DebentureSixMember_DebenturesSeventhIssueMember_IpirangaProdutosdePetroleoSAMember" name="ugp:DebentureReprice" id="Tag2144" escape="true">Not applicable</ix:nonNumeric> </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The subsidiary IPP contracted hedging instruments subjected to IPCA variation, changing the debentures charges linked to&#160;<ix:nonNumeric contextRef="D20211231_DebenturesSeventhIssueMember_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:BorrowingsInterestRateBasis" id="Tag4228" escape="true">IPCA to 97.3% of DI</ix:nonNumeric>. IPP designated these hedging instruments as fair value hedges; therefore, debentures and hedging instruments are both measured at fair value from inception, with changes in fair value recognized through profit or loss.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div>
<div id="t_ft_GV5TB96DCW00000000000000000000b">
<ix:exclude>
<div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-88</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
</ix:exclude>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-weight: bold;">f</span><span style="font-weight: bold;">.</span><span style="font-weight: bold;">5</span> In March 2018 the Company carried out sixth issuance of public debentures, in a single series of <ix:nonFraction contextRef="D20180331_DebentureSevenMember_DebenturesSixthIssueMember" name="ugp:NumberOfDebenturesDistributedThroughPublicOffer" unitRef="Debentures" id="Tag4177" decimals="0" format="ixt:num-dot-decimal">1,725,000</ix:nonFraction> simple, nonconvertible into shares and unsecured debentures, which main characteristics are as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<div id="t_ft_35SBTJTQN400000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 102px;" width="80%">
<tbody>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Face value unit: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ <ix:nonFraction contextRef="I20211231_DebentureSevenMember_DebenturesSixthIssueMember" name="ugp:FaceValuePerDebtInstrument" unitRef="BRLPerShare" id="Tag1639" decimals="2" format="ixt:num-dot-decimal">1,000.00</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Final maturity: </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> <ix:nonNumeric contextRef="D20211231_DebentureSevenMember_DebenturesSixthIssueMember" name="ifrs-full:BorrowingsMaturity" id="Tag4160" escape="true">March 5, 2023</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of the face value: </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DebentureSevenMember_DebenturesSixthIssueMember" name="ugp:DebenturePaymentOfFaceValueDescription" id="Tag6831" escape="true">Lump sum at final maturity</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest: </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> <ix:nonNumeric contextRef="D20211231_DebentureSevenMember_DebenturesSixthIssueMember" name="ifrs-full:BorrowingsInterestRateBasis" id="Tag3927" escape="true">105.25% of DI</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest: </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DebentureSevenMember_DebenturesSixthIssueMember" name="ugp:DebenturePaymentOfInterestDescription" id="Tag6838" escape="true">Semiannually</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Reprice: </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DebentureSevenMember_DebenturesSixthIssueMember" name="ugp:DebentureReprice" id="Tag4052" escape="true">Not applicable</ix:nonNumeric> </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-weight: bold;">f</span><span style="font-weight: bold;">.<span style="border-left: none; border-right: none;">6</span></span> In December 2018 the subsidiary IPP carried out its eighth issuance of debentures in the amount of R$<ix:nonFraction contextRef="I20181231_DebenturesEighthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:NotionalAmount" unitRef="BRL" id="Tag6826" decimals="-3" scale="3" format="ixt:num-dot-decimal">900,000</ix:nonFraction>, in <ix:nonFraction contextRef="I20181231_DebenturesEighthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ugp:NumberOfDebentureSeriesIssued" unitRef="Pure" id="Tag4047" decimals="0" format="ixt-sec:numwordsen">two</ix:nonFraction> series, being one of <span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">R$</span><ix:nonFraction contextRef="I20181231_DebentureEightMember_DebenturesEighthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:NotionalAmount" unitRef="BRL" id="Tag253" decimals="-3" scale="3" format="ixt:num-dot-decimal">660,000</ix:nonFraction> and another of <span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">R$</span><ix:nonFraction contextRef="I20181231_DebentureNineMember_DebenturesEighthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:NotionalAmount" unitRef="BRL" id="Tag3698" decimals="-3" scale="3" format="ixt:num-dot-decimal">240,000</ix:nonFraction>, simple, nonconvertible into shares, nominative, book-entry and unsecured debentures. The debentures have been subscribed by Vert Companhia Securitizadora. The proceeds from this issuance were used exclusively for the purchase of ethanol by subsidiary IPP. The debentures were subscribed with the purpose to bind the issuance of CRA. The financial settlement occurred on December 21, 2018. The debentures have an additional guarantee from Ultrapar and the main characteristics of the debentures are as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_LKWEEMI0GW00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 119px;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Amount: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DebentureEightMember_DebenturesEighthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:NotionalAmount" unitRef="BRL" id="Tag2140" decimals="-3" scale="3" format="ixt:num-dot-decimal">660,000</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Face value unit: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ <ix:nonFraction contextRef="I20211231_DebentureEightMember_DebenturesEighthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ugp:FaceValuePerDebtInstrument" unitRef="BRLPerShare" id="Tag4296" decimals="2" format="ixt:num-dot-decimal">1,000.00</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Final maturity: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> <ix:nonNumeric contextRef="D20211231_DebentureEightMember_DebenturesEighthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:BorrowingsMaturity" id="Tag6860" escape="true">December 18, 2023</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of the face value: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DebentureEightMember_DebenturesEighthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ugp:DebenturePaymentOfFaceValueDescription" id="Tag3862" escape="true">Lump sum at final maturity</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DebentureEightMember_DebenturesEighthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:BorrowingsInterestRateBasis" id="Tag4278" escape="true">97.5% of DI</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DebentureEightMember_DebenturesEighthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ugp:DebenturePaymentOfInterestDescription" id="Tag4213" escape="true">Semiannually</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Reprice: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DebentureEightMember_DebenturesEighthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ugp:DebentureReprice" id="Tag4085" escape="true">Not applicable</ix:nonNumeric> </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_200I8QLY6800000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%;" width="80%">
<tbody>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Amount: </span></p>
</td>
<td style="vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DebentureNineMember_DebenturesEighthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:NotionalAmount" unitRef="BRL" id="Tag4286" decimals="-3" scale="3" format="ixt:num-dot-decimal">240,000</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Face value unit: </span></p>
</td>
<td style="vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ <ix:nonFraction contextRef="I20211231_DebentureNineMember_DebenturesEighthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ugp:FaceValuePerDebtInstrument" unitRef="BRLPerShare" id="Tag4283" decimals="2" format="ixt:num-dot-decimal">1,000.00</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Final maturity: </span></p>
</td>
<td style="vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> <ix:nonNumeric contextRef="D20211231_DebentureNineMember_DebenturesEighthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:BorrowingsMaturity" id="Tag4306" escape="true">December 15, 2025</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of the face value: </span></p>
</td>
<td style="vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DebentureNineMember_DebenturesEighthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ugp:DebenturePaymentOfFaceValueDescription" id="Tag3896" escape="true">Lump sum at final maturity</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest: </span></p>
</td>
<td style="vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DebentureNineMember_DebenturesEighthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:BorrowingsInterestRateBasis" id="Tag4165" escape="true">IPCA + 4.61%</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest: </span></p>
</td>
<td style="vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DebentureNineMember_DebenturesEighthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ugp:DebenturePaymentOfInterestDescription" id="Tag57" escape="true">Annually</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Reprice: </span></p>
</td>
<td style="vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DebentureNineMember_DebenturesEighthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ugp:DebentureReprice" id="Tag4236" escape="true">Not applicable</ix:nonNumeric> </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The subsidiary IPP contracted hedging instruments subjected to IPCA variation, changing the debentures charges linked to&#160;<span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;"><ix:nonNumeric contextRef="D20211231_DebenturesEighthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:BorrowingsInterestRateBasis" id="Tag4026" escape="true">IPCA to 97.1% of DI</ix:nonNumeric></span></span></span></span></span></span>. IPP designated these hedging instruments as fair value hedges; therefore, debentures and hedging instruments are both measured at fair value from inception, with changes in fair value recognized through profit or loss.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div>
<div id="t_ft_PUY33AH2UO00000000000000000000b">
<ix:exclude>
<div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-89</span></td>
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</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
</ix:exclude>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-weight: bold;">f</span><span style="font-weight: bold;">.7</span> In November 2019 the subsidiary Ultracargo Log&#237;stica made its first issuance of debentures, in a single series of <ix:nonFraction contextRef="D20191130_DebentureTenMember_DebenturesFirstIssueMember_UltracargoLogisticaSAMember" name="ugp:NumberOfDebenturesDistributedThroughPublicOffer" unitRef="Pure" id="Tag3867" decimals="0" format="ixt:num-dot-decimal">90,000</ix:nonFraction> simple, nonconvertible into shares and unsecured debentures, which main characteristics are as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_DCKDMAYAIO00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 102px;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 49.0741%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Face value unit: </span></p>
</td>
<td style="vertical-align: top; width: 50.7937%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ <ix:nonFraction contextRef="I20211231_DebentureTenMember_DebenturesFirstIssueMember_UltracargoLogisticaSAMember" name="ugp:FaceValuePerDebtInstrument" unitRef="BRLPerShare" id="Tag3700" decimals="2" format="ixt:num-dot-decimal">1,000.00</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 49.0741%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Final maturity: </span></p>
</td>
<td style="vertical-align: top; width: 50.7937%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DebentureTenMember_DebenturesFirstIssueMember_UltracargoLogisticaSAMember" name="ifrs-full:BorrowingsMaturity" id="Tag4288" escape="true">November 19, 2024</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 49.0741%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of the face value: </span></p>
</td>
<td style="vertical-align: top; width: 50.7937%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DebentureTenMember_DebenturesFirstIssueMember_UltracargoLogisticaSAMember" name="ugp:DebenturePaymentOfFaceValueDescription" id="Tag6855" escape="true">Lump sum at final maturity</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 49.0741%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest: </span></p>
</td>
<td style="vertical-align: top; width: 50.7937%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DebentureTenMember_DebenturesFirstIssueMember_UltracargoLogisticaSAMember" name="ifrs-full:BorrowingsInterestRateBasis" id="Tag4153" escape="true">6.47%</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 49.0741%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest: </span></p>
</td>
<td style="vertical-align: top; width: 50.7937%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DebentureTenMember_DebenturesFirstIssueMember_UltracargoLogisticaSAMember" name="ugp:DebenturePaymentOfInterestDescription" id="Tag4287" escape="true">Semiannually</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 49.0741%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Reprice: </span></p>
</td>
<td style="vertical-align: top; width: 50.7937%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DebentureTenMember_DebenturesFirstIssueMember_UltracargoLogisticaSAMember" name="ugp:DebentureReprice" id="Tag4301" escape="true">Not applicable</ix:nonNumeric> </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The subsidiary </span><span style="font-family: 'Times New Roman';">Ultracargo</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Log&#237;stica</span><span style="font-family: 'Times New Roman';"> contracted hedging instruments subjected interest rate variation, changing the debentures fixed for <ix:nonNumeric contextRef="D20211231_DebenturesFirstIssueMember_UltracargoLogisticaSAMember" name="ifrs-full:BorrowingsInterestRateBasis" id="Tag4140" escape="true">99.94% of the DI</ix:nonNumeric>. </span><span style="font-family: 'Times New Roman';">Ultracargo</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Log&#237;stica</span><span style="font-family: 'Times New Roman';"> designated these hedging instruments as fair value hedges therefore debentures and hedging instruments are both measured at fair value from inception, with changes in fair value recognized </span><span style="font-family: 'Times New Roman';">in</span><span style="font-family: 'Times New Roman';"> profit or loss.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 2pt 5.65pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">f.8</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">In </span><span style="font-family: 'Times New Roman';">March</span><span style="font-family: 'Times New Roman';"> 20</span><span style="font-family: 'Times New Roman';">21</span><span style="font-family: 'Times New Roman';"> the subsidiary Tequimar</span><span style="font-family: 'Times New Roman';"> Vila do Conde </span><span style="font-family: 'Times New Roman';">made its first issuance of debentures, in a single series of </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="D20210331_DebentureElevenMember_DebenturesFirstIssueMember_TequimarVilaDoCondeMember" name="ugp:NumberOfDebenturesDistributedThroughPublicOffer" unitRef="Debentures" id="Tag4539" decimals="0" format="ixt:num-dot-decimal">360,000</ix:nonFraction></span><span style="font-family: 'Times New Roman';">&#160;simple, nonconvertible into shares and unsecured debentures, which main characteristics are as follows:</span></span></p>
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-family: 'Times New Roman'; font-size: 11pt; font-weight: bold;">&#160;</span></p>
<div id="t_ft_DC0I0L73Z400000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 102px;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 49.8757%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Face value unit: </span></p>
</td>
<td style="vertical-align: top; width: 49.9586%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ <ix:nonFraction contextRef="I20211231_DebentureElevenMember_DebenturesFirstIssueMember_TequimarVilaDoCondeMember" name="ugp:FaceValuePerDebtInstrument" unitRef="BRLPerShare" id="Tag4226" decimals="2" format="ixt:num-dot-decimal">1,000.00</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 49.8757%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Final maturity: </span></p>
</td>
<td style="vertical-align: top; width: 49.9586%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> <ix:nonNumeric contextRef="D20211231_DebentureElevenMember_DebenturesFirstIssueMember_TequimarVilaDoCondeMember" name="ifrs-full:BorrowingsMaturity" id="Tag4429" escape="true">March 15, 2028</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 49.8757%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of the face value: </span></p>
</td>
<td style="vertical-align: top; width: 49.9586%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DebentureElevenMember_DebenturesFirstIssueMember_TequimarVilaDoCondeMember" name="ugp:DebenturePaymentOfFaceValueDescription" id="Tag3934" escape="true">Lump sum at final maturity</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 49.8757%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest: </span></p>
</td>
<td style="vertical-align: top; width: 49.9586%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> <ix:nonNumeric contextRef="D20211231_DebentureElevenMember_DebenturesFirstIssueMember_TequimarVilaDoCondeMember" name="ifrs-full:BorrowingsInterestRateBasis" id="Tag4044" escape="true">IPCA + 4.04%</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 49.8757%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest: </span></p>
</td>
<td style="vertical-align: top; width: 49.9586%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DebentureElevenMember_DebenturesFirstIssueMember_TequimarVilaDoCondeMember" name="ugp:DebenturePaymentOfInterestDescription" id="Tag65" escape="true">Semiannually</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 49.8757%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Reprice: </span></p>
</td>
<td style="vertical-align: top; width: 49.9586%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DebentureElevenMember_DebenturesFirstIssueMember_TequimarVilaDoCondeMember" name="ugp:DebentureReprice" id="Tag1478" escape="true">Not applicable</ix:nonNumeric> </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-family: 'Times New Roman'; font-size: 11pt; font-weight: bold;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The subsidiary Tequimar Vila do Conde contracted hedging instruments subjected interest rate variation changing the debentures fixed for <ix:nonNumeric contextRef="D20211231_DebenturesFirstIssueMember_TequimarVilaDoCondeMember" name="ifrs-full:BorrowingsInterestRateBasis" id="Tag6849" escape="true">111.4% of the DI</ix:nonNumeric>. Tequimar Vila do Conde designated these hedging instruments as fair value hedges therefore debentures and hedging instruments are both measured at fair value from inception with changes in fair value recognized in profit or loss.</span></p>
<div style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff;">
<p style="margin: 0pt; text-align: justify;"><br/></p>
</div>
<p style="margin: 0pt 5.65pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-weight: bold;">f.</span><span style="font-weight: bold;">9</span> In March 2021 the subsidiary Ultracargo Log&#237;stica made its second issuance of debentures, in a single series of <ix:nonFraction contextRef="D20210331_DebentureTwelveMember_DebenturesSecondIssueMember_UltracargoLogisticaSAMember" name="ugp:NumberOfDebenturesDistributedThroughPublicOffer" unitRef="Debentures" id="Tag4156" decimals="0" format="ixt:num-dot-decimal">100,000</ix:nonFraction> simple, nonconvertible into shares and unsecured debentures, which main characteristics are as follows:</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_VKM7NDCN4000000000000000000000b">
<table cellpadding="0" style="height: 114px; border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%;" width="80%">
<tbody>
<tr style="height: 19px;">
<td style="vertical-align: top; height: 19px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Face value unit: </span></p>
</td>
<td style="vertical-align: top; height: 19px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ <ix:nonFraction contextRef="I20211231_DebentureTwelveMember_DebenturesSecondIssueMember_UltracargoLogisticaSAMember" name="ugp:FaceValuePerDebtInstrument" unitRef="BRLPerShare" id="Tag7036" decimals="2" format="ixt:num-dot-decimal">1,000.00</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 19px;">
<td style="vertical-align: top; height: 19px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Final maturity: </span></p>
</td>
<td style="vertical-align: top; height: 19px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> <ix:nonNumeric contextRef="D20211231_DebentureTwelveMember_DebenturesSecondIssueMember_UltracargoLogisticaSAMember" name="ifrs-full:BorrowingsMaturity" id="Tag3993" escape="true">March 15, 2028</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 19px;">
<td style="vertical-align: top; height: 19px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of the face value: </span></p>
</td>
<td style="vertical-align: top; height: 19px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DebentureTwelveMember_DebenturesSecondIssueMember_UltracargoLogisticaSAMember" name="ugp:DebenturePaymentOfFaceValueDescription" id="Tag6848" escape="true">Lump sum at final maturity</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 19px;">
<td style="vertical-align: top; height: 19px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest: </span></p>
</td>
<td style="vertical-align: top; height: 19px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> <ix:nonNumeric contextRef="D20211231_DebentureTwelveMember_DebenturesSecondIssueMember_UltracargoLogisticaSAMember" name="ifrs-full:BorrowingsInterestRateBasis" id="Tag4115" escape="true">IPCA + 4.37%</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 19px;">
<td style="vertical-align: top; height: 19px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest: </span></p>
</td>
<td style="vertical-align: top; height: 19px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DebentureTwelveMember_DebenturesSecondIssueMember_UltracargoLogisticaSAMember" name="ugp:DebenturePaymentOfInterestDescription" id="Tag6845" escape="true">Semiannually</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 19px;">
<td style="vertical-align: top; height: 19px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Reprice: </span></p>
</td>
<td style="vertical-align: top; height: 19px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DebentureTwelveMember_DebenturesSecondIssueMember_UltracargoLogisticaSAMember" name="ugp:DebentureReprice" id="Tag4202" escape="true">Not applicable</ix:nonNumeric> </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-family: 'Times New Roman'; font-size: 11pt; font-weight: bold;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The subsidiary Ultracargo Log&#237;stica contracted hedging instruments subjected interest rate variation changing the debentures fixed for <ix:nonNumeric contextRef="D20211231_DebenturesSecondIssueMember_UltracargoLogisticaSAMember" name="ifrs-full:BorrowingsInterestRateBasis" id="Tag56" escape="true">111.4% of the DI</ix:nonNumeric>. Ultracargo Log&#237;stica designated these hedging instruments as fair value hedges therefore debentures and hedging instruments are both measured at fair value from inception with changes in fair value recognized in profit or loss.</span></p>
<div>
<div id="t_ft_0R2GFHVWPC00000000000000000000b">
<ix:exclude>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-90</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
</ix:exclude>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-weight: bold;">f.10</span> In September 2021, subsidiary IPP carried out its tenth issue of debentures in the total amount of R$ <ix:nonFraction contextRef="I20210930_DebentureThirteenMember_DebenturesTenthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:NotionalAmount" unitRef="BRL" id="Tag4196" decimals="-3" scale="3" format="ixt:num-dot-decimal">960,000</ix:nonFraction>, in a single series of <ix:nonFraction contextRef="D20210930_DebentureThirteenMember_DebenturesTenthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ugp:NumberOfDebenturesDistributedThroughPublicOffer" unitRef="Pure" id="Tag3869" decimals="0" format="ixt:num-dot-decimal">960,000</ix:nonFraction> simple, nonconvertible, registered, book-entry and unsecured debentures, privately placed by Vert Companhia Securitizadora. The funds were used exclusively for the purchase of ethanol by the subsidiary IPP. The debentures were subscribed for the purpose to bind the issuance of CRA. The financial settlement ocurred on September 16, 2021. The debentures have an additional guarantee from Ultrapar and the main characteristics are as follows:</span></p>
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_WUSFFJIDJ400000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 133px;" width="80%">
<tbody>
<tr style="height: 19px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; width: 50%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Amount: </span></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; width: 50%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> <ix:nonFraction contextRef="I20211231_DebentureThirteenMember_DebenturesTenthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:NotionalAmount" unitRef="BRL" id="Tag4149" decimals="-3" scale="3" format="ixt:num-dot-decimal">960,000</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 19px;">
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Face value unit: </span></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 19px;">
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ <ix:nonFraction contextRef="I20211231_DebentureThirteenMember_DebenturesTenthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ugp:FaceValuePerDebtInstrument" unitRef="BRLPerShare" id="Tag4151" decimals="2" format="ixt:num-dot-decimal">1,000.00</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 19px;">
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Final maturity: </span></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 19px;">
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DebentureThirteenMember_DebenturesTenthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:BorrowingsMaturity" id="Tag4457" escape="true">September 15, 2028</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 19px;">
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of the face value: </span></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 19px;">
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DebentureThirteenMember_DebenturesTenthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ugp:DebenturePaymentOfFaceValueDescription" id="Tag4017" escape="true">Lump sum at final maturity</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 19px;">
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest: </span></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 19px;">
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> <ix:nonNumeric contextRef="D20211231_DebentureThirteenMember_DebenturesTenthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:BorrowingsInterestRateBasis" id="Tag4255" escape="true">IPCA + 4.83%</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 19px;">
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest: </span></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 19px;">
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DebentureThirteenMember_DebenturesTenthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ugp:DebenturePaymentOfInterestDescription" id="Tag129" escape="true">Semiannually</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 19px;">
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Reprice: </span></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 19px;">
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DebentureThirteenMember_DebenturesTenthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ugp:DebentureReprice" id="Tag4016" escape="true">Not applicable</ix:nonNumeric> </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The subsidiary IPP contracted hedging instruments subjected to IPCA variation, changing the debentures charges linked to the&#160;<ix:nonNumeric contextRef="D20211231_DebenturesTenthIssueMember_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:BorrowingsInterestRateBasis" id="Tag4298" escape="true">IPCA to 102.75% of the DI</ix:nonNumeric>. IPP designated these hedging instruments as fair value hedges; therefore, debentures and hedging instruments are both measured at fair value from inception, with changes in fair value recognized through profit or loss.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
</ix:nonNumeric>
<ix:nonNumeric contextRef="D20211231_3" name="ugp:SummaryOfLoanAndDebentureMaturityDistributionTableTextBlock" id="Tag3744" escape="true">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; margin-left: 65px; font-family: 'times new roman', times;">The debentures have maturity dates distributed as shown below (includes accrued interest through December 31, 2021):</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_PGYND8HS8000000000000000000000b">
<table cellpadding="0" style="height: 235px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Maturity </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 14px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 14px; background-color: #cceeff; width: 82%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Charges <span style="font-size: 8pt;"><sup>(1)</sup></span></span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 14px; background-color: #cceeff; width: 5%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 14px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_DebenturesMember" name="ifrs-full:BorrowingCostsRecognisedAsExpense" unitRef="BRL" id="Tag3982" decimals="-3" scale="3" format="ixt:num-dot-decimal">22,759</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 14px; background-color: #cceeff; width: 1%;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Apr/2022 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_MaturityOneMember_DebenturesMember" name="ifrs-full:NotesAndDebenturesIssued" unitRef="BRL" id="Tag4203" decimals="-3" scale="3" format="ixt:num-dot-decimal">660,139</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Jul/2022 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_MaturityTwoMember_DebenturesMember" name="ifrs-full:NotesAndDebenturesIssued" unitRef="BRL" id="Tag3983" decimals="-3" scale="3" format="ixt:num-dot-decimal">750,000</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Oct/2022 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_MaturityThreeMember_DebenturesMember" name="ifrs-full:NotesAndDebenturesIssued" unitRef="BRL" id="Tag5304" decimals="-3" scale="3" format="ixt:num-dot-decimal">730,384</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Mar/2023 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_MaturityFourMember_DebenturesMember" name="ifrs-full:NotesAndDebenturesIssued" unitRef="BRL" id="Tag6822" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,725,000</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Dec/2023 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_MaturityFiveMember_DebenturesMember" name="ifrs-full:NotesAndDebenturesIssued" unitRef="BRL" id="Tag4223" decimals="-3" scale="3" format="ixt:num-dot-decimal">660,000</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Apr/2024 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_MaturitySixMember_DebenturesMember" name="ifrs-full:NotesAndDebenturesIssued" unitRef="BRL" id="Tag1643" decimals="-3" scale="3" format="ixt:num-dot-decimal">443,944</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Oct/2024 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_MaturitySevenMember_DebenturesMember" name="ifrs-full:NotesAndDebenturesIssued" unitRef="BRL" id="Tag123" decimals="-3" scale="3" format="ixt:num-dot-decimal">267,316</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Nov/2024 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_MaturityEightMember_DebenturesMember" name="ifrs-full:NotesAndDebenturesIssued" unitRef="BRL" id="Tag6841" decimals="-3" scale="3" format="ixt:num-dot-decimal">90,000</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Dec/2025 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_MaturityNineMember_DebenturesMember" name="ifrs-full:NotesAndDebenturesIssued" unitRef="BRL" id="Tag4273" decimals="-3" scale="3" format="ixt:num-dot-decimal">287,294</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Mar/2028 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_MaturityTenMember_DebenturesMember" name="ifrs-full:NotesAndDebenturesIssued" unitRef="BRL" id="Tag206" decimals="-3" scale="3" format="ixt:num-dot-decimal">498,474</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Sep/<span style="border-left: none; border-right: none;">2028</span> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_MaturityElevenMember_DebenturesMember" name="ifrs-full:NotesAndDebenturesIssued" unitRef="BRL" id="Tag3923" decimals="-3" scale="3" format="ixt:num-dot-decimal">996,977</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DebenturesMember" name="ifrs-full:NotesAndDebenturesIssued" unitRef="BRL" id="Tag4234" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,086,769</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><sup><sup><span style="font-family: 'Times New Roman'; font-size: 6pt; vertical-align: super;"> </span></sup></sup><span style="font-size: 10pt; font-family: 'times new roman', times;"><sup><sup><span style="vertical-align: super;">(1)</span></sup></sup> <ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote63"><span style="border-right: none; border-left: none;">Includes interest, transaction cost and fair value adjustments.</span></ix:footnote></span></p>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div>
<div id="t_ft_3QWYREN3CG00000000000000000000b">
<ix:exclude>
<div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-91</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
</ix:exclude>
</div>
</div>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">g. Notes</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-weight: bold;">g</span><span style="font-weight: bold;">.1 </span>In April 2020 the Company carried out second public issuance of notes in a single series of <ix:nonFraction contextRef="D20200430_UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt6thApril2021Member_IpirangaProdutosdePetroleoSAMember" name="ugp:NumberOfDebtInstrumentsIssued" unitRef="Notes" id="Tag6823" decimals="0" format="ixt:num-dot-decimal">40</ix:nonFraction> commercial notes, not convertible into shares, of unsecured type, whose main characteristics are:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ugp:ScheduleOfNotesPayableTableTextBlock" id="Tag3656" escape="true">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%;" width="80%">
<tbody>
<tr style="height: 12.75pt;">
<td style="padding: 0px; vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Face value unit: </span></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ <ix:nonFraction contextRef="I20200430_UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt6thApril2021Member_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:NotionalAmount" unitRef="BRL" id="Tag4152" decimals="2" format="ixt:num-dot-decimal">25,000,000.00</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding: 0px; vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Final maturity: </span></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20200430_UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt6thApril2021Member_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:BorrowingsMaturity" id="Tag4270" escape="true">April 6, 2021</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding: 0px; vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of the face value: </span></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20200430_UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt6thApril2021Member_IpirangaProdutosdePetroleoSAMember" name="ugp:DescriptionOfPaymentOfFaceValueOfBorrowings" id="Tag4071" escape="true">Lump sum at final maturity</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding: 0px; vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest: </span></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20200430_UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt6thApril2021Member_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:BorrowingsInterestRateBasis" id="Tag4013" escape="true">DI + 3.10%</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding: 0px; vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest: </span></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20200430_UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt6thApril2021Member_IpirangaProdutosdePetroleoSAMember" name="ugp:DescriptionOfPaymentOfInterestOfBorrowings" id="Tag4551" escape="true">Lump sum at final maturity</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding: 0px; vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Reprice: </span></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20200430_UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt6thApril2021Member_IpirangaProdutosdePetroleoSAMember" name="ugp:DescriptionOfBorrowingsReprice" id="Tag4222" escape="true">Not applicable</ix:nonNumeric> </span></p>
</td>
</tr>
</tbody>
</table>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The Company paid in advance its second public issuance of notes on maturity.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">h. Transaction costs</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ugp:SummaryOfTransactionCostsTextBlock" id="Tag3745" escape="true">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Transaction costs incurred in issuing debt were deducted from the value of the related financial instruments and are recognized as an expense according to the effective interest rate method as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_PO4ZBAAMGW00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 105px;" width="100%">
<tbody>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 41.8953%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 7.98005%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Effective rate of transaction costs (% p.a.) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.08063%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 7.98005%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 0.997506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 7.98005%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Incurred cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 0.997506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 7.98005%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Amortization </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.16376%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 7.8138%;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-family: 'times new roman', times;"> Reclassification to liabilities held for sale (i) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 0.997506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 7.98005%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.08063%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 41.8953%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Debentures (f) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DebenturesMember" name="ugp:EffectiveRateOfTransactionCosts" unitRef="Pure" id="Tag4291" decimals="3" scale="-2" format="ixt:num-dot-decimal">0.2</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.08063%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_DebenturesMember" name="ugp:TransactionCostsFinancialInstruments" unitRef="BRL" id="Tag4264" decimals="-3" scale="3" format="ixt:num-dot-decimal">28,348</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_DebenturesMember" name="ugp:IncurredTransactionCost" unitRef="BRL" id="Tag6794" decimals="-3" scale="3" format="ixt:num-dot-decimal">40,953</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_DebenturesMember" name="ugp:TransactionCostAmortization" unitRef="BRL" id="Tag3" decimals="-3" scale="3" format="ixt:num-dot-decimal">14,811</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.16376%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.8138%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_DebenturesMember" name="ugp:DecreaseThroughClassifiedAsHeldForSaleAccumulatedTransactionCosts" unitRef="BRL" id="Tag4199" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DebenturesMember" name="ugp:TransactionCostsFinancialInstruments" unitRef="BRL" id="Tag4413" decimals="-3" scale="3" format="ixt:num-dot-decimal">54,490</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.08063%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 41.8953%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Notes in the foreign market (b) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_NotesInForeignMarketMember" name="ugp:EffectiveRateOfTransactionCosts" unitRef="Pure" id="Tag4136" decimals="3" scale="-2" format="ixt:num-dot-decimal">0.1</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.08063%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_NotesInForeignMarketMember" name="ugp:TransactionCostsFinancialInstruments" unitRef="BRL" id="Tag210" decimals="-3" scale="3" format="ixt:num-dot-decimal">37,112</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_NotesInForeignMarketMember" name="ugp:IncurredTransactionCost" unitRef="BRL" id="Tag4262" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_NotesInForeignMarketMember" name="ugp:TransactionCostAmortization" unitRef="BRL" id="Tag28" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,890</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.16376%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.8138%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_NotesInForeignMarketMember" name="ugp:DecreaseThroughClassifiedAsHeldForSaleAccumulatedTransactionCosts" unitRef="BRL" id="Tag3981" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,204</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_NotesInForeignMarketMember" name="ugp:TransactionCostsFinancialInstruments" unitRef="BRL" id="Tag4220" decimals="-3" scale="3" format="ixt:num-dot-decimal">28,018</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.08063%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 41.8953%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Notes (g) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.08063%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_UnsecuredNotesPayableNotConvertibleIntoSharesMember" name="ugp:TransactionCostsFinancialInstruments" unitRef="BRL" id="Tag4039" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,318</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_UnsecuredNotesPayableNotConvertibleIntoSharesMember" name="ugp:IncurredTransactionCost" unitRef="BRL" id="Tag4276" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_UnsecuredNotesPayableNotConvertibleIntoSharesMember" name="ugp:TransactionCostAmortization" unitRef="BRL" id="Tag4246" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,318</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.16376%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.8138%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_UnsecuredNotesPayableNotConvertibleIntoSharesMember" name="ugp:DecreaseThroughClassifiedAsHeldForSaleAccumulatedTransactionCosts" unitRef="BRL" id="Tag3986" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_UnsecuredNotesPayableNotConvertibleIntoSharesMember" name="ugp:TransactionCostsFinancialInstruments" unitRef="BRL" id="Tag6819" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.08063%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 41.8953%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Banco do Brasil (e) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_BancoDoBrasilMember" name="ugp:EffectiveRateOfTransactionCosts" unitRef="Pure" id="Tag4171" decimals="3" scale="-2" format="ixt:num-dot-decimal">0.1</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.08063%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_BancoDoBrasilMember" name="ugp:TransactionCostsFinancialInstruments" unitRef="BRL" id="Tag3918" decimals="-3" scale="3" format="ixt:num-dot-decimal">332</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_BancoDoBrasilMember" name="ugp:IncurredTransactionCost" unitRef="BRL" id="Tag3925" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_BancoDoBrasilMember" name="ugp:TransactionCostAmortization" unitRef="BRL" id="Tag4065" decimals="-3" scale="3" format="ixt:num-dot-decimal">256</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.16376%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.8138%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_BancoDoBrasilMember" name="ugp:DecreaseThroughClassifiedAsHeldForSaleAccumulatedTransactionCosts" unitRef="BRL" id="Tag4020" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_BancoDoBrasilMember" name="ugp:TransactionCostsFinancialInstruments" unitRef="BRL" id="Tag6833" decimals="-3" scale="3" format="ixt:num-dot-decimal">76</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.08063%;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 41.8953%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 7.98005%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 18px; width: 1.08063%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:TransactionCostsFinancialInstruments" unitRef="BRL" id="Tag4166" decimals="-3" scale="3" format="ixt:num-dot-decimal">67,110</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ugp:IncurredTransactionCost" unitRef="BRL" id="Tag3897" decimals="-3" scale="3" format="ixt:num-dot-decimal">40,953</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_3" name="ugp:TransactionCostAmortization" unitRef="BRL" id="Tag6824" decimals="-3" scale="3" format="ixt:num-dot-decimal">21,275</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 0.997506%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.16376%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 7.8138%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_3" name="ugp:DecreaseThroughClassifiedAsHeldForSaleAccumulatedTransactionCosts" unitRef="BRL" id="Tag4015" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,204</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 0.997506%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:TransactionCostsFinancialInstruments" unitRef="BRL" id="Tag127" decimals="-3" scale="3" format="ixt:num-dot-decimal">82,584</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 1.08063%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 9pt;">(i) <ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote61"><span style="border-right: none; border-left: none;">See Note <span style="border-left: none; border-right: none;">3</span>.c.<span style="border-left: none; border-right: none;">1</span>.</span></ix:footnote></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_T3UA1LB77K00000000000000000000b">
<table cellpadding="0" style="height: 129px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 41.3613%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 9.84293%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Effective rate of transaction costs (% p.a.) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.25654%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 9.94764%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2019 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.04712%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.25654%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 9.84293%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Incurred cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.04712%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.25654%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 9.94764%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Amortization </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.04712%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.25654%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 9.94764%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.04712%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 41.3613%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Debentures (f) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.84293%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_DebenturesMember" name="ugp:EffectiveRateOfTransactionCosts" unitRef="Pure" id="Tag4269" decimals="3" scale="-2" format="ixt:num-dot-decimal">0.2</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_DebenturesMember" name="ugp:TransactionCostsFinancialInstruments" unitRef="BRL" id="Tag3984" decimals="-3" scale="3" format="ixt:num-dot-decimal">41,406</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.84293%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_DebenturesMember" name="ugp:IncurredTransactionCost" unitRef="BRL" id="Tag6829" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_DebenturesMember" name="ugp:TransactionCostAmortization" unitRef="BRL" id="Tag7031" decimals="-3" scale="3" format="ixt:num-dot-decimal">13,058</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_DebenturesMember" name="ugp:TransactionCostsFinancialInstruments" unitRef="BRL" id="Tag4224" decimals="-3" scale="3" format="ixt:num-dot-decimal">28,348</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 41.3613%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Notes in the foreign market (b) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 9.84293%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_NotesInForeignMarketMember" name="ugp:EffectiveRateOfTransactionCosts" unitRef="Pure" id="Tag3926" decimals="3" scale="-2" format="ixt:num-dot-decimal">0.1</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_NotesInForeignMarketMember" name="ugp:TransactionCostsFinancialInstruments" unitRef="BRL" id="Tag4552" decimals="-3" scale="3" format="ixt:num-dot-decimal">28,114</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.84293%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_NotesInForeignMarketMember" name="ugp:IncurredTransactionCost" unitRef="BRL" id="Tag4266" decimals="-3" scale="3" format="ixt:num-dot-decimal">13,263</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_NotesInForeignMarketMember" name="ugp:TransactionCostAmortization" unitRef="BRL" id="Tag4154" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,265</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_NotesInForeignMarketMember" name="ugp:TransactionCostsFinancialInstruments" unitRef="BRL" id="Tag3924" decimals="-3" scale="3" format="ixt:num-dot-decimal">37,112</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 41.3613%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Notes (g) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.84293%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_UnsecuredNotesPayableNotConvertibleIntoSharesMember" name="ugp:EffectiveRateOfTransactionCosts" unitRef="Pure" id="Tag204" decimals="3" scale="-2" format="ixt:num-dot-decimal">0.5</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20191231_UnsecuredNotesPayableNotConvertibleIntoSharesMember" name="ugp:TransactionCostsFinancialInstruments" unitRef="BRL" id="Tag4021" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.84293%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_UnsecuredNotesPayableNotConvertibleIntoSharesMember" name="ugp:IncurredTransactionCost" unitRef="BRL" id="Tag4074" decimals="-3" scale="3" format="ixt:num-dot-decimal">6,802</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_UnsecuredNotesPayableNotConvertibleIntoSharesMember" name="ugp:TransactionCostAmortization" unitRef="BRL" id="Tag4198" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,484</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_UnsecuredNotesPayableNotConvertibleIntoSharesMember" name="ugp:TransactionCostsFinancialInstruments" unitRef="BRL" id="Tag4161" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,318</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 41.3613%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Banco do Brasil (e) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 9.84293%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_BancoDoBrasilMember" name="ugp:EffectiveRateOfTransactionCosts" unitRef="Pure" id="Tag4305" decimals="3" scale="-2" format="ixt:num-dot-decimal">0.1</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_BancoDoBrasilMember" name="ugp:TransactionCostsFinancialInstruments" unitRef="BRL" id="Tag122" decimals="-3" scale="3" format="ixt:num-dot-decimal">770</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.84293%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_BancoDoBrasilMember" name="ugp:IncurredTransactionCost" unitRef="BRL" id="Tag6836" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_BancoDoBrasilMember" name="ugp:TransactionCostAmortization" unitRef="BRL" id="Tag3894" decimals="-3" scale="3" format="ixt:num-dot-decimal">438</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_BancoDoBrasilMember" name="ugp:TransactionCostsFinancialInstruments" unitRef="BRL" id="Tag4159" decimals="-3" scale="3" format="ixt:num-dot-decimal">332</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 41.3613%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Foreign loans (c) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.84293%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_ForeignLoansMember" name="ugp:TransactionCostsFinancialInstruments" unitRef="BRL" id="Tag4073" decimals="-3" scale="3" format="ixt:num-dot-decimal">94</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.84293%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_ForeignLoansMember" name="ugp:IncurredTransactionCost" unitRef="BRL" id="Tag4267" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_ForeignLoansMember" name="ugp:TransactionCostAmortization" unitRef="BRL" id="Tag3705" decimals="-3" scale="3" format="ixt:num-dot-decimal">94</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_ForeignLoansMember" name="ugp:TransactionCostsFinancialInstruments" unitRef="BRL" id="Tag251" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 41.3613%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 9.84293%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_OtherTransactionCostsMember" name="ugp:TransactionCostsFinancialInstruments" unitRef="BRL" id="Tag4277" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,382</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.84293%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_OtherTransactionCostsMember" name="ugp:IncurredTransactionCost" unitRef="BRL" id="Tag4215" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_OtherTransactionCostsMember" name="ugp:TransactionCostAmortization" unitRef="BRL" id="Tag4148" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,382</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20201231_OtherTransactionCostsMember" name="ugp:TransactionCostsFinancialInstruments" unitRef="BRL" id="Tag6817" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 41.3613%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.84293%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231" name="ugp:TransactionCostsFinancialInstruments" unitRef="BRL" id="Tag6853" decimals="-3" scale="3" format="ixt:num-dot-decimal">71,766</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 9.84293%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ugp:IncurredTransactionCost" unitRef="BRL" id="Tag2150" decimals="-3" scale="3" format="ixt:num-dot-decimal">20,065</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_3" name="ugp:TransactionCostAmortization" unitRef="BRL" id="Tag207" decimals="-3" scale="3" format="ixt:num-dot-decimal">24,721</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:TransactionCostsFinancialInstruments" unitRef="BRL" id="Tag4206" decimals="-3" scale="3" format="ixt:num-dot-decimal">67,110</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 17px; background-color: #cceeff; width: 1.04712%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div>
<div id="t_ft_JHW8YY9F1S00000000000000000000b">
<ix:exclude>
<div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-92</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
</ix:exclude>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<div id="t_ft_X009I0W67K00000000000000000000b">
<table cellpadding="0" style="height: 132px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 29px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 41.8953%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 9.97506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Effective rate of transaction costs (% p.a.) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 1.08063%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 9.89194%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2018 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 1.08063%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 0.997506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 9.97506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Incurred cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 0.997506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 9.97506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Amortization </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 0.997506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 9.97506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2019 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 1.08063%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 41.8953%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Debentures (g) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_DebenturesMember" name="ugp:EffectiveRateOfTransactionCosts" unitRef="Pure" id="Tag6840" decimals="3" scale="-2" format="ixt:num-dot-decimal">0.2</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.08063%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.89194%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20181231_DebenturesMember" name="ugp:TransactionCostsFinancialInstruments" unitRef="BRL" id="Tag3863" decimals="-3" scale="3" format="ixt:num-dot-decimal">56,376</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.08063%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_DebenturesMember" name="ugp:IncurredTransactionCost" unitRef="BRL" id="Tag4225" decimals="-3" scale="3" format="ixt:num-dot-decimal">692</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_DebenturesMember" name="ugp:TransactionCostAmortization" unitRef="BRL" id="Tag105" decimals="-3" scale="3" format="ixt:num-dot-decimal">15,662</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_DebenturesMember" name="ugp:TransactionCostsFinancialInstruments" unitRef="BRL" id="Tag4027" decimals="-3" scale="3" format="ixt:num-dot-decimal">41,406</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.08063%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 41.8953%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Notes in the foreign market (b) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_NotesInForeignMarketMember" name="ugp:EffectiveRateOfTransactionCosts" unitRef="Pure" id="Tag6862" decimals="3" scale="-2" format="ixt:num-dot-decimal">0.1</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.08063%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.89194%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20181231_NotesInForeignMarketMember" name="ugp:TransactionCostsFinancialInstruments" unitRef="BRL" id="Tag4164" decimals="-3" scale="3" format="ixt:num-dot-decimal">13,881</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.08063%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_NotesInForeignMarketMember" name="ugp:IncurredTransactionCost" unitRef="BRL" id="Tag4441" decimals="-3" scale="3" format="ixt:num-dot-decimal">18,442</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_NotesInForeignMarketMember" name="ugp:TransactionCostAmortization" unitRef="BRL" id="Tag4558" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,209</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_NotesInForeignMarketMember" name="ugp:TransactionCostsFinancialInstruments" unitRef="BRL" id="Tag6844" decimals="-3" scale="3" format="ixt:num-dot-decimal">28,114</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.08063%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 41.8953%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Banco do Brasil (f) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_BancoDoBrasilMember" name="ugp:EffectiveRateOfTransactionCosts" unitRef="Pure" id="Tag4427" decimals="3" scale="-2" format="ixt:num-dot-decimal">0.2</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.08063%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.89194%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20181231_BancoDoBrasilMember" name="ugp:TransactionCostsFinancialInstruments" unitRef="BRL" id="Tag250" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,437</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.08063%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_BancoDoBrasilMember" name="ugp:IncurredTransactionCost" unitRef="BRL" id="Tag7035" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_BancoDoBrasilMember" name="ugp:TransactionCostAmortization" unitRef="BRL" id="Tag6859" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,667</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_BancoDoBrasilMember" name="ugp:TransactionCostsFinancialInstruments" unitRef="BRL" id="Tag3835" decimals="-3" scale="3" format="ixt:num-dot-decimal">770</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.08063%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 41.8953%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Foreign loans (c) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_ForeignLoansMember" name="ugp:EffectiveRateOfTransactionCosts" unitRef="Pure" id="Tag4030" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.08063%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.89194%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20181231_ForeignLoansMember" name="ugp:TransactionCostsFinancialInstruments" unitRef="BRL" id="Tag2152" decimals="-3" scale="3" format="ixt:num-dot-decimal">331</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.08063%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_ForeignLoansMember" name="ugp:IncurredTransactionCost" unitRef="BRL" id="Tag4443" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_ForeignLoansMember" name="ugp:TransactionCostAmortization" unitRef="BRL" id="Tag4067" decimals="-3" scale="3" format="ixt:num-dot-decimal">237</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_ForeignLoansMember" name="ugp:TransactionCostsFinancialInstruments" unitRef="BRL" id="Tag4245" decimals="-3" scale="3" format="ixt:num-dot-decimal">94</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.08063%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 41.8953%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_OtherTransactionCostsMember" name="ugp:EffectiveRateOfTransactionCosts" unitRef="Pure" id="Tag4280" decimals="3" scale="-2" format="ixt:num-dot-decimal">0.2</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.08063%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.89194%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20181231_OtherTransactionCostsMember" name="ugp:TransactionCostsFinancialInstruments" unitRef="BRL" id="Tag1413" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,432</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.08063%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="D20191231_OtherTransactionCostsMember" name="ugp:IncurredTransactionCost" unitRef="BRL" id="Tag4284" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_OtherTransactionCostsMember" name="ugp:TransactionCostAmortization" unitRef="BRL" id="Tag255" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,050</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_OtherTransactionCostsMember" name="ugp:TransactionCostsFinancialInstruments" unitRef="BRL" id="Tag4053" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,382</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.08063%;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 41.8953%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 9.97506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 18px; width: 1.08063%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 9.89194%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20181231" name="ugp:TransactionCostsFinancialInstruments" unitRef="BRL" id="Tag120" decimals="-3" scale="3" format="ixt:num-dot-decimal">76,457</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.08063%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ugp:IncurredTransactionCost" unitRef="BRL" id="Tag7032" decimals="-3" scale="3" format="ixt:num-dot-decimal">19,134</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231" name="ugp:TransactionCostAmortization" unitRef="BRL" id="Tag4536" decimals="-3" scale="3" format="ixt:num-dot-decimal">23,825</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231" name="ugp:TransactionCostsFinancialInstruments" unitRef="BRL" id="Tag4176" decimals="-3" scale="3" format="ixt:num-dot-decimal">71,766</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 1.08063%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
</ix:nonNumeric>
<ix:nonNumeric contextRef="D20211231_3" name="ugp:SummaryOfAppropriatedProfitOrLossInFutureTableTextBlock" id="Tag3657" escape="true">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The amount to be appropriated to profit or loss in the future is as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_BBO0H66Q5C00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 79px;" width="100%">
<tbody>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 16.9576%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 9.97506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Up to 1 year </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 0.997506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 9.97506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 1 to 2 years </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 0.997506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 10.0582%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 2 to 3 years </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 0.997506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 9.97506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 3 to 4 years </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 0.997506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 9.97506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 4 to 5 years </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 0.997506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 9.97506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> More than 5 years </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 0.831255%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.16376%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 9.97506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 1.08063%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 16.9576%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Debentures (f) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 9.97506%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DebenturesMember_NotLaterThanOneYearMember" name="ugp:AmountAppropriatedToProfitOrLossInFuture" unitRef="BRL" id="Tag3710" decimals="-3" scale="3" format="ixt:num-dot-decimal">15,060</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.997506%; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.997506%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 9.97506%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DebenturesMember_LaterThanOneYearAndNotLaterThanTwoYearsMember" name="ugp:AmountAppropriatedToProfitOrLossInFuture" unitRef="BRL" id="Tag4418" decimals="-3" scale="3" format="ixt:num-dot-decimal">11,129</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.997506%; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.997506%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 10.0582%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DebenturesMember_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" name="ugp:AmountAppropriatedToProfitOrLossInFuture" unitRef="BRL" id="Tag6861" decimals="-3" scale="3" format="ixt:num-dot-decimal">6,990</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.997506%; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.997506%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 9.97506%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DebenturesMember_LaterThanThreeYearsAndNotLaterThanFourYearsMember" name="ugp:AmountAppropriatedToProfitOrLossInFuture" unitRef="BRL" id="Tag3893" decimals="-3" scale="3" format="ixt:num-dot-decimal">6,075</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.997506%; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.997506%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 9.97506%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DebenturesMember_LaterThanFourYearsAndNotLaterThanFiveYearsMember" name="ugp:AmountAppropriatedToProfitOrLossInFuture" unitRef="BRL" id="Tag6827" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,886</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.997506%; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.997506%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 9.97506%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DebenturesMember_LaterThanFiveYearsMember" name="ugp:AmountAppropriatedToProfitOrLossInFuture" unitRef="BRL" id="Tag1485" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,350</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.831255%; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.16376%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 9.97506%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DebenturesMember" name="ugp:AmountAppropriatedToProfitOrLossInFuture" unitRef="BRL" id="Tag6830" decimals="-3" scale="3" format="ixt:num-dot-decimal">54,490</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.08063%; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.9576%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Notes in the foreign market (b) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_NotesInForeignMarketMember_NotLaterThanOneYearMember" name="ugp:AmountAppropriatedToProfitOrLossInFuture" unitRef="BRL" id="Tag252" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,126</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_NotesInForeignMarketMember_LaterThanOneYearAndNotLaterThanTwoYearsMember" name="ugp:AmountAppropriatedToProfitOrLossInFuture" unitRef="BRL" id="Tag4444" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,128</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0582%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_NotesInForeignMarketMember_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" name="ugp:AmountAppropriatedToProfitOrLossInFuture" unitRef="BRL" id="Tag4201" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,143</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_NotesInForeignMarketMember_LaterThanThreeYearsAndNotLaterThanFourYearsMember" name="ugp:AmountAppropriatedToProfitOrLossInFuture" unitRef="BRL" id="Tag4275" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,135</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_NotesInForeignMarketMember_LaterThanFourYearsAndNotLaterThanFiveYearsMember" name="ugp:AmountAppropriatedToProfitOrLossInFuture" unitRef="BRL" id="Tag4163" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,897</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_NotesInForeignMarketMember_LaterThanFiveYearsMember" name="ugp:AmountAppropriatedToProfitOrLossInFuture" unitRef="BRL" id="Tag4426" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,589</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.831255%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.16376%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_NotesInForeignMarketMember" name="ugp:AmountAppropriatedToProfitOrLossInFuture" unitRef="BRL" id="Tag4258" decimals="-3" scale="3" format="ixt:num-dot-decimal">28,018</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.08063%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.9576%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Banco do Brasil (e) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_BancoDoBrasilMember_NotLaterThanOneYearMember" name="ugp:AmountAppropriatedToProfitOrLossInFuture" unitRef="BRL" id="Tag6850" decimals="-3" scale="3" format="ixt:num-dot-decimal">76</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_BancoDoBrasilMember_LaterThanOneYearAndNotLaterThanTwoYearsMember" name="ugp:AmountAppropriatedToProfitOrLossInFuture" unitRef="BRL" id="Tag4042" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0582%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_BancoDoBrasilMember_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" name="ugp:AmountAppropriatedToProfitOrLossInFuture" unitRef="BRL" id="Tag3840" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_BancoDoBrasilMember_LaterThanThreeYearsAndNotLaterThanFourYearsMember" name="ugp:AmountAppropriatedToProfitOrLossInFuture" unitRef="BRL" id="Tag42" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_BancoDoBrasilMember_LaterThanFourYearsAndNotLaterThanFiveYearsMember" name="ugp:AmountAppropriatedToProfitOrLossInFuture" unitRef="BRL" id="Tag4442" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_BancoDoBrasilMember_LaterThanFiveYearsMember" name="ugp:AmountAppropriatedToProfitOrLossInFuture" unitRef="BRL" id="Tag7037" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.831255%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.16376%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_BancoDoBrasilMember" name="ugp:AmountAppropriatedToProfitOrLossInFuture" unitRef="BRL" id="Tag6825" decimals="-3" scale="3" format="ixt:num-dot-decimal">76</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.08063%;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 16.9576%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_NotLaterThanOneYearMember_4" name="ugp:AmountAppropriatedToProfitOrLossInFuture" unitRef="BRL" id="Tag1644" decimals="-3" scale="3" format="ixt:num-dot-decimal">19,262</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_LaterThanOneYearAndNotLaterThanTwoYearsMember_4" name="ugp:AmountAppropriatedToProfitOrLossInFuture" unitRef="BRL" id="Tag4031" decimals="-3" scale="3" format="ixt:num-dot-decimal">15,257</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 10.0582%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_4" name="ugp:AmountAppropriatedToProfitOrLossInFuture" unitRef="BRL" id="Tag4272" decimals="-3" scale="3" format="ixt:num-dot-decimal">11,133</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_LaterThanThreeYearsAndNotLaterThanFourYearsMember_1" name="ugp:AmountAppropriatedToProfitOrLossInFuture" unitRef="BRL" id="Tag3928" decimals="-3" scale="3" format="ixt:num-dot-decimal">10,210</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_LaterThanFourYearsAndNotLaterThanFiveYearsMember_1" name="ugp:AmountAppropriatedToProfitOrLossInFuture" unitRef="BRL" id="Tag3933" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,783</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_LaterThanFiveYearsMember_1" name="ugp:AmountAppropriatedToProfitOrLossInFuture" unitRef="BRL" id="Tag4557" decimals="-3" scale="3" format="ixt:num-dot-decimal">16,939</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.831255%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.16376%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:AmountAppropriatedToProfitOrLossInFuture" unitRef="BRL" id="Tag3979" decimals="-3" scale="3" format="ixt:num-dot-decimal">82,584</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 1.08063%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
</ix:nonNumeric>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">i. Guarantees</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The financings does not have guaranteed by collateral as of December 31, 2021 (R$ <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:ProvisionOfGuaranteesOrCollateralByEntityRelatedPartyTransactions" unitRef="BRL" id="Tag124" decimals="-3" scale="3" format="ixt:num-dot-decimal">75,251</ix:nonFraction> as of December 31, 2020) and has guarantees and promissory notes in the amount of R$ <ix:nonFraction contextRef="I20211231" name="ugp:GuaranteesDebtors" unitRef="BRL" id="Tag4212" decimals="-3" scale="3" format="ixt:num-dot-decimal">14,151,506</ix:nonFraction> as of December 31, 2021 (R$ <ix:nonFraction contextRef="I20201231" name="ugp:GuaranteesDebtors" unitRef="BRL" id="Tag4137" decimals="-3" scale="3" format="ixt:num-dot-decimal">13,758,033</ix:nonFraction> as of December 31, 2020).</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The Company and its subsidiaries offer collateral in the form of letters of credit for commercial and legal proceedings in the amount of R$ <ix:nonFraction contextRef="I20211231" name="ugp:CollateralAssetsLettersOfCreditOrGuarantees" unitRef="BRL" id="Tag4432" decimals="-3" scale="3" format="ixt:num-dot-decimal">118,231</ix:nonFraction> as of December 31, 2021 (R$ <ix:nonFraction contextRef="I20201231" name="ugp:CollateralAssetsLettersOfCreditOrGuarantees" unitRef="BRL" id="Tag3870" decimals="-3" scale="3" format="ixt:num-dot-decimal">129,139</ix:nonFraction> as of December 31, 2020). </span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:DisclosureOfCollateralExplanatory" id="Tag3658" escape="true">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The subsidiary IPP issued collateral to financial institutions in connection with the amounts payable by some of their customers to such institutions (vendor financing) as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_H1UO6XR68G00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 95%; margin-right: auto; height: 85px;" width="95%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="4" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> IPP </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 72%; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 12%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1%; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 2%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 12%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Maximum amount of future payments related to such collateral</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_IpirangaProdutosdePetroleoSAMember" name="ugp:MaximumPotentialAmountOfFuturePaymentsOnGuarantees" unitRef="BRL" id="Tag66" decimals="-3" scale="3" format="ixt:num-dot-decimal">690,347</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_IpirangaProdutosdePetroleoSAMember" name="ugp:MaximumPotentialAmountOfFuturePaymentsOnGuarantees" unitRef="BRL" id="Tag4138" decimals="-3" scale="3" format="ixt:num-dot-decimal">330,944</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Maturities of up to </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_IpirangaProdutosdePetroleoSAMember" name="ugp:CollateralFuturePaymentsMaturityPeriod" id="Tag4033" format="ixt-sec:durmonth">49</ix:nonNumeric> months </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_IpirangaProdutosdePetroleoSAMember" name="ugp:CollateralFuturePaymentsMaturityPeriod" id="Tag3871" format="ixt-sec:durmonth">46</ix:nonNumeric> months </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Fair value of collateral</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_IpirangaProdutosdePetroleoSAMember" name="ugp:GuaranteeLiabilities" unitRef="BRL" id="Tag3895" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,923</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_IpirangaProdutosdePetroleoSAMember" name="ugp:GuaranteeLiabilities" unitRef="BRL" id="Tag6811" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,496</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">If the subsidiary IPP is required to make any payment under these collateral arrangements, this subsidiary may recover the amount paid directly from its customers through commercial collection. Until December 31, 2021 the subsidiary IPP did not have losses in connection with these <span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">collateral arrangements</span>. The fair value of collateral is recognized in current liabilities as &#8220;other payables&#8221;, which is recognized in the statement of profit or loss as customers settle their obligations with the financial institutions.</span></p>
</ix:nonNumeric>
<p style="font-size: 11pt; line-height: 115%; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div>
<div id="t_ft_W8K9Z2RF8G00000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-93</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
</div>
</div><div id="Normadiv281" style="font-family: 'times new roman', times; font-size: 10pt;">
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><br/></div>
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:DisclosureOfTradeAndOtherPayablesExplanatory" id="Tag6944" escape="true">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;"><span style="border-left: none; border-right: none;">18</span></span><span style="font-family: 'Times New Roman'; font-weight: bold;">. Trade </span><span style="font-family: 'Times New Roman'; font-weight: bold;">p</span><span style="font-family: 'Times New Roman'; font-weight: bold;">ayables</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ugp:SummaryOfTradePayablesTableTextBlock" id="Tag256" escape="true">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">a. Trade payables</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<table cellpadding="0" style="height: 94px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 73%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Domestic suppliers </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DomesticSuppliersMember" name="ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers" unitRef="BRL" id="Tag4187" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,010,912</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_DomesticSuppliersMember" name="ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers" unitRef="BRL" id="Tag4182" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,306,398</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Domestic suppliers &#8211; related parties (see Note 9.a) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DomesticSuppliersMember" name="ifrs-full:TradeAndOtherPayablesToRelatedParties" unitRef="BRL" id="Tag4180" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,422</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_DomesticSuppliersMember" name="ifrs-full:TradeAndOtherPayablesToRelatedParties" unitRef="BRL" id="Tag4181" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,102</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Foreign suppliers </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_ForeignSuppliersMember" name="ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers" unitRef="BRL" id="Tag4184" decimals="-3" scale="3" format="ixt:num-dot-decimal">445,805</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_ForeignSuppliersMember" name="ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers" unitRef="BRL" id="Tag4183" decimals="-3" scale="3" format="ixt:num-dot-decimal">307,486</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 15px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 15px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Foreign suppliers - related parties (see Note 9.a) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 15px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_ForeignSuppliersMember" name="ifrs-full:TradeAndOtherPayablesToRelatedParties" unitRef="BRL" id="Tag6925" decimals="-3" scale="3" format="ixt:num-dot-decimal">212,756</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 15px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 15px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 15px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_ForeignSuppliersMember" name="ifrs-full:TradeAndOtherPayablesToRelatedParties" unitRef="BRL" id="Tag6924" decimals="-3" scale="3" format="ixt:num-dot-decimal">126,033</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers" unitRef="BRL" id="Tag4185" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,670,895</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers" unitRef="BRL" id="Tag4186" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,745,019</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Some Company&#8217;s subsidiaries acquire oil-based fuels and LPG from Petrobras and its subsidiaries. These suppliers control almost all the markets for these products in Brazil. </span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">b. Trade payables &#8211; reverse factoring</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_EL96AZQ0Y800000000000000000000b">
<table cellpadding="0" style="height: 92px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 73%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Domestic suppliers &#8211; reverse factoring </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DomesticSuppliersReverseFactoringMember" name="ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers" unitRef="BRL" id="Tag4195" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,948,033</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: rgb(204, 238, 255); width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_DomesticSuppliersReverseFactoringMember" name="ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers" unitRef="BRL" id="Tag4194" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,021,424</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: rgb(204, 238, 255); width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 23px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 23px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Domestic suppliers &#8211; reverse factoring - related parties (see Note 9.a) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 23px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_DomesticSuppliersReverseFactoringMember" name="ifrs-full:TradeAndOtherPayablesToRelatedParties" unitRef="BRL" id="Tag4193" decimals="-3" scale="3" format="ixt:num-dot-decimal">89,339</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 23px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 23px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 23px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_DomesticSuppliersReverseFactoringMember" name="ifrs-full:TradeAndOtherPayablesToRelatedParties" unitRef="BRL" id="Tag4192" decimals="-3" scale="3" format="ixt:num-dot-decimal">61,989</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 23px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Foreign suppliers &#8211; reverse factoring </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_ForeignSuppliersReverseFactoringMember" name="ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers" unitRef="BRL" id="Tag4191" decimals="-3" scale="3" format="ixt:num-dot-decimal">81,687</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: rgb(204, 238, 255); height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_ForeignSuppliersReverseFactoringMember" name="ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers" unitRef="BRL" id="Tag4190" decimals="-3" scale="3" format="ixt:num-dot-decimal">212,220</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: rgb(204, 238, 255); border-bottom: 1pt solid rgb(0, 0, 0); height: 17px;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:TradeCurrentPayablesReverseFactoring" unitRef="BRL" id="Tag4189" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,119,059</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:TradeCurrentPayablesReverseFactoring" unitRef="BRL" id="Tag4188" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,295,633</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double rgb(0, 0, 0); height: 18px;"><br/></td>
</tr>
</tbody>
</table>
</div>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">S</span><span style="font-family: 'Times New Roman';">ome subsidiaries of the Company entered into agreement</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> with a </span><span style="font-family: 'Times New Roman';">financial institution</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';">. These agreements consist in the anticipation of the receipt of </span><span style="font-family: 'Times New Roman';">trade payables</span><span style="font-family: 'Times New Roman';"> by the supplier, </span><span style="font-family: 'Times New Roman';">in which</span><span style="font-family: 'Times New Roman';"> the financial institution</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">prepay</span><span style="font-family: 'Times New Roman';"> a certain amount fr</span><span style="font-family: 'Times New Roman';">om</span><span style="font-family: 'Times New Roman';"> the supplier and receives</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> on the </span><span style="font-family: 'Times New Roman';">maturity</span><span style="font-family: 'Times New Roman';"> date the amount </span><span style="font-family: 'Times New Roman';">payable</span><span style="font-family: 'Times New Roman';"> by the subsidiaries of the Company. The decision to </span><span style="font-family: 'Times New Roman';">join </span><span style="font-family: 'Times New Roman';">this type of transaction is solely and exclusively </span><span style="font-family: 'Times New Roman';">of</span><span style="font-family: 'Times New Roman';"> the supplier. The agreement does not </span><span style="font-family: 'Times New Roman';">substantially</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">change the main characteristics of the commercial conditions previously established </span><span style="font-family: 'Times New Roman';">between the subsidiaries of the Company and </span><span style="font-family: 'Times New Roman';">the supplier</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';">. These </span><span style="font-family: 'Times New Roman';">transactions</span><span style="font-family: 'Times New Roman';"> are presented </span><span style="font-family: 'Times New Roman';">in </span><span style="font-family: 'Times New Roman';">operating activities</span><span style="font-family: 'Times New Roman';"> in the statements of cash flow</span><span style="font-family: 'Times New Roman';">.</span></span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</ix:nonNumeric>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><br/></span></p><div id="Normadiv285" style="font-family: 'times new roman', times; font-size: 10pt;">
<ix:nonNumeric contextRef="D20211231_3" name="ugp:DisclosureOfSalariesAndRelatedChargesExplanatory" id="Tag4097" escape="true">
<p style="margin: 2pt 0pt 0pt; text-align: justify; font-family: 'Times New Roman'; font-weight: bold; font-size: 10PT;"><span style="font-family: 'Times New Roman'; font-weight: bold;"><span style="border-left: none; border-right: none;">19</span>. </span><span style="font-family: 'Times New Roman'; font-weight: bold;">Salaries and </span><span style="font-family: 'Times New Roman'; font-weight: bold;">r</span><span style="font-family: 'Times New Roman'; font-weight: bold;">elated </span><span style="font-family: 'Times New Roman'; font-weight: bold;">c</span><span style="font-family: 'Times New Roman'; font-weight: bold;">harges</span><br/></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><br/></p>
<ix:nonNumeric contextRef="D20211231_3" name="ugp:SummaryOfSalariesAndRelatedChargesTableTextBlock" id="Tag4146" escape="true">
<table cellpadding="0" style="height: 103px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7273%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160; &#160;</span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.8488%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.1236%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.22574%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.951%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.02145%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 72.7273%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Provisions on salaries</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"><br/></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 11.8488%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:ShortTermEmployeeBenefitsAccrualsForProvisionsOnSalaries" unitRef="BRL" id="Tag4096" decimals="-3" scale="3" format="ixt:num-dot-decimal">136,938</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.1236%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.22574%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 11.951%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:ShortTermEmployeeBenefitsAccrualsForProvisionsOnSalaries" unitRef="BRL" id="Tag4091" decimals="-3" scale="3" format="ixt:num-dot-decimal">195,286</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02145%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7273%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Profit sharing, bonus and premium </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.8488%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:ShortTermEmployeeBenefitsAccrualsForProfitSharingBonusAndPremium" unitRef="BRL" id="Tag4095" decimals="-3" scale="3" format="ixt:num-dot-decimal">132,390</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.1236%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22574%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.951%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:ShortTermEmployeeBenefitsAccrualsForProfitSharingBonusAndPremium" unitRef="BRL" id="Tag4090" decimals="-3" scale="3" format="ixt:num-dot-decimal">184,306</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02145%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 72.7273%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Social charges </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 11.8488%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:ShortTermEmployeeBenefitsAccrualsForSocialCharges" unitRef="BRL" id="Tag4094" decimals="-3" scale="3" format="ixt:num-dot-decimal">52,739</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.1236%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.22574%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 11.951%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:ShortTermEmployeeBenefitsAccrualsForSocialCharges" unitRef="BRL" id="Tag4089" decimals="-3" scale="3" format="ixt:num-dot-decimal">73,267</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02145%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7273%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 11.8488%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:ShortTermEmployeeBenefitsAccrualsForOtherCharges" unitRef="BRL" id="Tag4093" decimals="-3" scale="3" format="ixt:num-dot-decimal">8,036</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.1236%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22574%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 11.951%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:ShortTermEmployeeBenefitsAccrualsForOtherCharges" unitRef="BRL" id="Tag4088" decimals="-3" scale="3" format="ixt:num-dot-decimal">15,771</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 1.02145%;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 72.7273%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px; width: 11.8488%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ifrs-full:ShorttermEmployeeBenefitsAccruals" unitRef="BRL" id="Tag4092" decimals="-3" scale="3" format="ixt:num-dot-decimal">330,103</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.1236%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.22574%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px; width: 11.951%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ifrs-full:ShorttermEmployeeBenefitsAccruals" unitRef="BRL" id="Tag4087" decimals="-3" scale="3" format="ixt:num-dot-decimal">468,630</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 1.02145%;"><br/></td>
</tr>
</tbody>
</table>
</ix:nonNumeric>
</ix:nonNumeric>
<div>
<div style="border-right: none; border-left: none;">
<p style="margin: 0px; text-indent: 0px;"><br/></p>
<table style="width: 100%; height: 20px; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr style="height: 20px;">
<td class="pgno" style="padding: 0px; text-align: center; height: 20px;"><span style="font-size: 10pt;" class="pageno">F-94</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
</div><div id="Normadiv286" style="font-family: 'times new roman', times; font-size: 10pt;">
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;">Notes to the Consolidated Financial Statements</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt;"><span style="font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></div>
<p style="margin: 0px; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;"><br/></span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:DisclosureOfTaxReceivablesAndPayablesExplanatory" id="Tag4237" escape="true">
<p style="margin: 2pt 0pt 0pt; text-align: justify; font-family: 'Times New Roman'; font-weight: bold; font-size: 10PT;"><span style="font-family: 'Times New Roman'; font-weight: bold;"><span style="border-left: none; border-right: none;">20</span>. </span><span style="font-family: 'Times New Roman'; font-weight: bold;">Taxes </span><span style="font-family: 'Times New Roman'; font-weight: bold;">p</span><span style="font-family: 'Times New Roman'; font-weight: bold;">ayable</span><br/></p>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<ix:nonNumeric contextRef="D20211231_3" name="ugp:SummaryOfTaxesPayableTableTextBlock" id="Tag4238" escape="true">
<table cellpadding="0" style="height: 137px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 73%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> ICMS </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_ICMSMember" name="ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag147" decimals="-3" scale="3" format="ixt:num-dot-decimal">146,598</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_ICMSMember" name="ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag4681" decimals="-3" scale="3" format="ixt:num-dot-decimal">180,522</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> IPI </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_TaxOnIndustrializedProductsMember" name="ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag4244" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,163</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_TaxOnIndustrializedProductsMember" name="ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag4239" decimals="-3" scale="3" format="ixt:num-dot-decimal">8,952</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> PIS and COFINS </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_PisAndCofinsMember" name="ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag145" decimals="-3" scale="3" format="ixt:num-dot-decimal">13,667</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_PisAndCofinsMember" name="ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag6946" decimals="-3" scale="3" format="ixt:num-dot-decimal">13,187</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> ISS </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_ISSMember" name="ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag4240" decimals="-3" scale="3" format="ixt:num-dot-decimal">45,533</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_ISSMember" name="ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag4823" decimals="-3" scale="3" format="ixt:num-dot-decimal">38,328</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Value-added tax (IVA) of foreign subsidiaries </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_ValueAddedTaxIvaOfForeignSubsidiariesMember" name="ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag4243" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_ValueAddedTaxIvaOfForeignSubsidiariesMember" name="ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag146" decimals="-3" scale="3" format="ixt:num-dot-decimal">27,322</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_OtherTaxesPayableMember" name="ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag4241" decimals="-3" scale="3" format="ixt:num-dot-decimal">19,215</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_OtherTaxesPayableMember" name="ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag4688" decimals="-3" scale="3" format="ixt:num-dot-decimal">17,703</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag4242" decimals="-3" scale="3" format="ixt:num-dot-decimal">229,176</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax" unitRef="BRL" id="Tag6945" decimals="-3" scale="3" format="ixt:num-dot-decimal">286,014</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff;"><br/></td>
</tr>
</tbody>
</table>
</ix:nonNumeric>
</ix:nonNumeric>
</div><div id="Normadiv287" style="font-family: 'times new roman', times; font-size: 10pt;">
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:DisclosureOfEmployeeBenefitsExplanatory" id="Tag4307" escape="true">
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;"><span style="border-left: none; border-right: none;">21</span>. </span><span style="font-family: 'Times New Roman'; font-weight: bold;">Employee </span><span style="font-family: 'Times New Roman'; font-weight: bold;">b</span><span style="font-family: 'Times New Roman'; font-weight: bold;">enefits and </span><span style="font-family: 'Times New Roman'; font-weight: bold;">p</span><span style="font-family: 'Times New Roman'; font-weight: bold;">rivate </span><span style="font-family: 'Times New Roman'; font-weight: bold;">p</span><span style="font-family: 'Times New Roman'; font-weight: bold;">ension </span><span style="font-family: 'Times New Roman'; font-weight: bold;">p</span><span style="font-family: 'Times New Roman'; font-weight: bold;">lan</span></span></p>
<p style="margin: 0px; text-indent: 0px;"><br/></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">a. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ULTRAPREV</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"> </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">- </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">A</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ssocia&#231;&#259;o de </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">P</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">revid&#234;ncia </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">C</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">omplementar</span></span></p>
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify; font-size: 10pt; font-family: 'Times New Roman';"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">In February 2001 the Company&#8217;s Board of Directors approved the adoption of a defined contribution pension plan to be sponsored by the Company and its subsidiaries. Participating employees have been contributing to this plan, managed by </span><span style="font-family: 'Times New Roman';">Ultraprev</span><span style="font-family: 'Times New Roman';"> - </span><span style="font-family: 'Times New Roman';">Associa&#231;</span><span style="font-family: 'Times New Roman';">&#227;</span><span style="font-family: 'Times New Roman';">o</span><span style="font-family: 'Times New Roman';"> de </span><span style="font-family: 'Times New Roman';">Previd&#234;ncia</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Complementar</span><span style="font-family: 'Times New Roman';"> (&#8220;</span><span style="font-family: 'Times New Roman';">Ultraprev</span><span style="font-family: 'Times New Roman';">&#8221;), since August 2001. Under the terms of the plan, every year each participating employee chooses his or her basic contribution to the plan. Each sponsoring company provides a matching contribution in an amount equivalent to each basic contribution, up to a limit of <ix:nonFraction contextRef="D20211231_3" name="ugp:MaximumMatchingContributionInProportionToEmployeeGrossSalaryPercentage" unitRef="Pure" id="Tag4370" decimals="2" scale="-2" format="ixt:num-dot-decimal">11</ix:nonFraction>% of the employee&#8217;s reference salary, according to the rules of the plan. As participating employees retire, they may choose to receive either (</span><span style="font-family: 'Times New Roman';">i</span><span style="font-family: 'Times New Roman';">) a monthly sum ranging between <ix:nonFraction contextRef="D20211231_BottomOfRangeMember" name="ugp:AccumulatedFundPercentage" unitRef="Pure" id="Tag4333" decimals="3" scale="-2" format="ixt:num-dot-decimal">0.3</ix:nonFraction></span><span style="font-family: 'Times New Roman';">% and <ix:nonFraction contextRef="D20211231_TopOfRangeMember" name="ugp:AccumulatedFundPercentage" unitRef="Pure" id="Tag6953" decimals="3" scale="-2" format="ixt:num-dot-decimal">1.0</ix:nonFraction>% of their respective accumulated fund in </span><span style="font-family: 'Times New Roman';">Ultraprev</span><span style="font-family: 'Times New Roman';"> or (ii) a fixed monthly amount</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> which will </span><span style="font-family: 'Times New Roman';">exhaust their respective accumulated fund over a period of <ix:nonNumeric contextRef="D20211231_BottomOfRangeMember" name="ugp:FixedAccumulatedFundPeriod" id="Tag4347" format="ixt-sec:duryear">5</ix:nonNumeric> to </span><span style="font-family: 'Times New Roman';"><ix:nonNumeric contextRef="D20211231_TopOfRangeMember" name="ugp:FixedAccumulatedFundPeriod" id="Tag4332" format="ixt-sec:duryear">35</ix:nonNumeric></span><span style="font-family: 'Times New Roman';"> years. The </span><span style="font-family: 'Times New Roman';">C</span><span style="font-family: 'Times New Roman';">ompany</span><span style="font-family: 'Times New Roman';"> and its subsidiaries</span><span style="font-family: 'Times New Roman';"> do not </span><span style="font-family: 'Times New Roman';">take responsibility for </span><span style="font-family: 'Times New Roman';">guarantee</span><span style="font-family: 'Times New Roman';">ing</span><span style="font-family: 'Times New Roman';"> amounts or the duration of the benefits received by </span><span style="font-family: 'Times New Roman';">the retired </span><span style="font-family: 'Times New Roman';">employee.&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify; font-size: 10pt; font-family: 'Times New Roman';"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';"><br/></span></span></p>
<p style="margin: 0pt; text-align: justify; font-size: 10pt; font-family: 'Times New Roman';"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The non-vested portion of the contribution made by the sponsor, in cases where the terminated employees chose to withdraw from the pension plan, are considered as a pension fund. Employees who left the Company and chose to withdraw from the pension plan lose the portion of the contribution already made by the sponsor and this amount may be deducted from the sponsor future contributions. The amount is presented in the movements of prepaid expenses. Furthermore, employees who left the company and chose to continue with the pension plan make contributions individually.<br/></span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify; font-size: 10pt; font-family: 'Times New Roman';"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">In May 2020 the Deliberative Council of </span><span style="font-family: 'Times New Roman';">Ultraprev</span><span style="font-family: 'Times New Roman';"> approved the utilization of the pension fund</span><span style="font-family: 'Times New Roman';"> in the amount of R$</span><span style="font-family: 'Times New Roman';"> <span style="border-left: none; border-right: none;"><ix:nonFraction contextRef="I20200530" name="ugp:DefinedContributionPensionPlanReversionFund" unitRef="BRL" id="Tag4331" decimals="-3" scale="3" format="ixt:num-dot-decimal">47,088</ix:nonFraction></span></span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and i</span><span style="font-family: 'Times New Roman';">n</span><span style="font-family: 'Times New Roman';"> May 2021 the additional </span><span style="font-family: 'Times New Roman';">use&#160; of</span><span style="font-family: 'Times New Roman';"> R$ <ix:nonFraction contextRef="I20210531" name="ugp:DefinedContributionPensionPlanReversionFund" unitRef="BRL" id="Tag4341" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,706</ix:nonFraction></span><span style="font-family: 'Times New Roman';">. The amount of R$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="D20210531" name="ifrs-full:ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset" unitRef="BRL" id="Tag4308" decimals="-3" scale="3" format="ixt:num-dot-decimal">27,451</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> was </span><span style="font-family: 'Times New Roman';">used to deduct the sponsors&#8217; normal </span><span style="font-family: 'Times New Roman';">contributions</span><span style="font-family: 'Times New Roman';"> and</span><span style="font-family: 'Times New Roman';"> the amount of R$ <ix:nonFraction contextRef="I20210531" name="ugp:DefinedContributionPensionPlanReversionFundReclassifiedToAssetsHeldForSale" unitRef="BRL" id="Tag1699" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,512</ix:nonFraction> was reclassified to assets held for sale</span><span style="font-family: 'Times New Roman';">. The balance of R$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="I20211231" name="ugp:DefinedContributionPensionPlanReversionFund" unitRef="BRL" id="Tag4365" decimals="-3" scale="3" format="ixt:num-dot-decimal">19,831</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">202</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';"> will be</span><span style="font-family: 'Times New Roman';"> used to deduct normal sponsor contributions in </span><span style="font-family: 'Times New Roman';">a period </span><span style="font-family: 'Times New Roman';">up to <ix:nonNumeric contextRef="D20211231_TopOfRangeMember" name="ifrs-full:WeightedAverageDurationOfDefinedBenefitObligation2019" id="Tag6950" format="ixt-sec:durmonth">92</ix:nonNumeric></span><span style="font-family: 'Times New Roman';"> months</span><span style="font-family: 'Times New Roman';"> depending on the sponsor.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">The number of months is estimated according to the current amount being deducted from contributions.&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify; font-size: 10pt; font-family: 'Times New Roman';"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">As of December 31, </span><span style="font-family: 'Times New Roman';">2021</span><span style="font-family: 'Times New Roman';">, the subsidiaries contributed </span><span style="font-family: 'Times New Roman';">with R$</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;"><ix:nonFraction contextRef="D20211231_3" name="ifrs-full:ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset" unitRef="BRL" id="Tag6951" decimals="-3" scale="3" format="ixt:num-dot-decimal">16,368</ix:nonFraction> to<span>&#160;</span>Ultraprev,</span></span><span style="font-family: 'Times New Roman';">&#160;including the utilization of the pension fund of R$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="D20211231_3" name="ugp:ContributionsToPlanByEmployerPortionOfReversionFund" unitRef="BRL" id="Tag6224" decimals="-3" scale="3" format="ixt:num-dot-decimal">10,566</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> (R$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="D20201231_3" name="ifrs-full:ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset" unitRef="BRL" id="Tag4363" decimals="-3" scale="3" format="ixt:num-dot-decimal">17,186</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> including the <span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">utilization</span> of the pension fund of R$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="D20201231_3" name="ugp:ContributionsToPlanByEmployerPortionOfReversionFund" unitRef="BRL" id="Tag6948" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,446</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> as of December 31,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2020</span></span><span style="font-family: 'Times New Roman';"> and R$ <ix:nonFraction contextRef="D20191231" name="ugp:ContributionsToPlanByEmployerPortionOfReversionFund" unitRef="BRL" id="Tag4314" decimals="-3" scale="3" format="ixt:num-dot-decimal">21,357</ix:nonFraction> as of December 31, 2019</span><span style="font-family: 'Times New Roman';">), which is recognized as expense in the income statement. The total number of participating employees as of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">202</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';"> was </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="D20211231_3" name="ugp:NumberOfActiveParticipatingEmployees" unitRef="Employee" id="Tag4382" decimals="INF" format="ixt:num-dot-decimal">4,381</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> active participants and </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="D20211231_3" name="ugp:NumberOfRetiredParticipatingEmployees" unitRef="Employee" id="Tag4324" decimals="INF" format="ixt:num-dot-decimal">387</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> retired participants. In </span><span style="font-family: 'Times New Roman';">addition</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Ultraprev</span><span style="font-family: 'Times New Roman';"> had <ix:nonFraction contextRef="D20211231_3" name="ugp:NumberOfFormerEmployeesReceivingBenefits" unitRef="Employee" id="Tag4398" decimals="INF" format="ixt:num-dot-decimal">23</ix:nonFraction></span><span style="font-family: 'Times New Roman';">&#160;former employees receiving benefits under the rules of a previous plan whose reserves are fully constituted.</span></span></p>
<ix:exclude>
<p style="margin: 0pt; text-align: justify;"><br/></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-95</span></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><br/></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Ultrapar Participa&#231;&#245;es S.A.<span>&#160;</span></span><span style="font-family: 'Times New Roman';">and</span><span style="font-family: 'Times New Roman';"><span>&#160;</span></span><span style="font-family: 'Times New Roman';">Subsidiaries</span></span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Notes to the Consolidated Financial<span>&#160;</span></span><span style="font-family: 'Times New Roman';">Statements</span></span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">(In thousands of Brazilian Reais, unless otherwise stated)</span></p>
</ix:exclude>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><br/></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">b. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Post-employment </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">b</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">enefits</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The subsidiaries recognized a provision for post-employment benefits mainly related to seniority bonus, </span><span style="font-family: 'Times New Roman';">payment of G</span><span style="font-family: 'Times New Roman';">overnment Severance Indemnity Fund (&#8220;FGTS&#8221;), and health, dental care, and life insurance plan for eligible retirees.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:DisclosureOfDefinedBenefitPlansExplanatory" id="Tag6022" escape="true">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The amounts related to such benefits were determined based on a valuation conducted by an independent actuary </span><span style="font-family: 'Times New Roman';">and reviewed by management</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
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<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
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<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
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<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
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<p style="margin: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Health and dental care plan </span><span style="font-family: 'Times New Roman'; vertical-align: super; font-size: 8pt;">(<span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">1</span></span>)</span></span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_HealthAndDentalCareMember" name="ifrs-full:ProvisionsForEmployeeBenefits" unitRef="BRL" id="Tag4327" decimals="-3" scale="3" format="ixt:num-dot-decimal">159,867</ix:nonFraction> </span></p>
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<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
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<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_HealthAndDentalCareMember" name="ifrs-full:ProvisionsForEmployeeBenefits" unitRef="BRL" id="Tag4352" decimals="-3" scale="3" format="ixt:num-dot-decimal">200,318</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Indemnification of FGTS </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_IndemnificationOfFGTSMember" name="ifrs-full:ProvisionsForEmployeeBenefits" unitRef="BRL" id="Tag6952" decimals="-3" scale="3" format="ixt:num-dot-decimal">38,617</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_IndemnificationOfFGTSMember" name="ifrs-full:ProvisionsForEmployeeBenefits" unitRef="BRL" id="Tag4355" decimals="-3" scale="3" format="ixt:num-dot-decimal">53,952</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Seniority bonus </span><span style="font-family: 'Times New Roman'; vertical-align: super; font-size: 8pt;">(<span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">2</span></span>)</span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_SeniorityBonusMember" name="ifrs-full:ProvisionsForEmployeeBenefits" unitRef="BRL" id="Tag4349" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,570</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_SeniorityBonusMember" name="ifrs-full:ProvisionsForEmployeeBenefits" unitRef="BRL" id="Tag4345" decimals="-3" scale="3" format="ixt:num-dot-decimal">16,336</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Life insurance </span><span style="font-family: 'Times New Roman'; vertical-align: super; font-size: 8pt;">(<span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">1</span></span>)</span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_LifeInsuranceMember" name="ifrs-full:ProvisionsForEmployeeBenefits" unitRef="BRL" id="Tag4319" decimals="-3" scale="3" format="ixt:num-dot-decimal">11,665</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_LifeInsuranceMember" name="ifrs-full:ProvisionsForEmployeeBenefits" unitRef="BRL" id="Tag4328" decimals="-3" scale="3" format="ixt:num-dot-decimal">14,118</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ifrs-full:ProvisionsForEmployeeBenefits" unitRef="BRL" id="Tag6947" decimals="-3" scale="3" format="ixt:num-dot-decimal">215,719</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ifrs-full:ProvisionsForEmployeeBenefits" unitRef="BRL" id="Tag4348" decimals="-3" scale="3" format="ixt:num-dot-decimal">284,724</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ifrs-full:CurrentProvisionsForEmployeeBenefits" unitRef="BRL" id="Tag1697" decimals="-3" scale="3" format="ixt:num-dot-decimal">21,082</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ifrs-full:CurrentProvisionsForEmployeeBenefits" unitRef="BRL" id="Tag4385" decimals="-3" scale="3" format="ixt:num-dot-decimal">27,077</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Non-current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ifrs-full:NoncurrentProvisionsForEmployeeBenefits" unitRef="BRL" id="Tag4315" decimals="-3" scale="3" format="ixt:num-dot-decimal">194,637</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ifrs-full:NoncurrentProvisionsForEmployeeBenefits" unitRef="BRL" id="Tag4361" decimals="-3" scale="3" format="ixt:num-dot-decimal">257,647</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt 7.1pt; text-align: justify; text-indent: -7.1pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; vertical-align: super; font-size: 8pt;">(<span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">1</span></span>) </span><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote64"><span style="font-family: 'Times New Roman';">Only </span><span style="font-family: 'Times New Roman';">IPP</span><span style="font-family: 'Times New Roman';">, Tropical</span><span style="font-family: 'Times New Roman';"> and</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Iconic</span><span style="font-family: 'Times New Roman';">.</span></ix:footnote></span></p>
<p style="margin: 2pt 0pt 0pt 7.1pt; text-align: justify; text-indent: -7.1pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; vertical-align: super; font-size: 8pt;">(<span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">2</span></span>)</span><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote65"><span style="font-family: 'Times New Roman';"> In <span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">2021</span></span>, there was a change in the seniority bonus policy for retirement, with a reduction in the benefit (Ultragaz and Ipiranga).</span></ix:footnote></span></p>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:DisclosureOfNetDefinedBenefitLiabilityAssetExplanatory" id="Tag6023" escape="true">
<div style="border-right: none; border-left: none;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The change in the present value of the post-employment benefit obligation </span><span style="font-family: 'Times New Roman';">occurred </span><span style="font-family: 'Times New Roman';">as follows:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div style="border-left: none; border-right: none;">
<table cellpadding="0" style="height: 154px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 73%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Opening balance </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ifrs-full:ProvisionsForEmployeeBenefits" unitRef="BRL" id="Tag4362" decimals="-3" scale="3" format="ixt:num-dot-decimal">284,724</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231" name="ifrs-full:ProvisionsForEmployeeBenefits" unitRef="BRL" id="Tag7012" decimals="-3" scale="3" format="ixt:num-dot-decimal">272,867</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Expense for the year of continuing operations </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ugp:PostEmploymentBenefitExpenseInProfitOrLossFromContinuingOperationsDefinedBenefitPlans" unitRef="BRL" id="Tag6225" decimals="-3" scale="3" format="ixt:num-dot-decimal">15,585</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ugp:PostEmploymentBenefitExpenseInProfitOrLossFromContinuingOperationsDefinedBenefitPlans" unitRef="BRL" id="Tag4336" decimals="-3" scale="3" format="ixt:num-dot-decimal">11,622</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Expense (revenue) for the year of discontinued operations </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ugp:PostEmploymentBenefitExpenseInProfitOrLossFromDiscontinuedOperationsDefinedBenefitPlans" unitRef="BRL" id="Tag4321" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,951</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_3" name="ugp:PostEmploymentBenefitExpenseInProfitOrLossFromDiscontinuedOperationsDefinedBenefitPlans" unitRef="BRL" id="Tag4366" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">6,411</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (Gain) Losses from changes in actuarial assumptions </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetOfTaxDefinedBenefitPlans" unitRef="BRL" id="Tag3470" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">58,954</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetOfTaxDefinedBenefitPlans" unitRef="BRL" id="Tag4338" decimals="-3" scale="3" format="ixt:num-dot-decimal">24,822</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Benefits paid directly by Company and its subsidiaries </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:BenefitsPaidOrPayable" unitRef="BRL" id="Tag4309" decimals="-3" scale="3" format="ixt:num-dot-decimal">18,400</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:BenefitsPaidOrPayable" unitRef="BRL" id="Tag4342" decimals="-3" scale="3" format="ixt:num-dot-decimal">18,969</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Exchange rates from post employment benefits </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ugp:EmployeeBenefitsExchangeRateFromForeignSubsidiaries" unitRef="BRL" id="Tag1700" decimals="-3" scale="3" format="ixt:num-dot-decimal">217</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ugp:EmployeeBenefitsExchangeRateFromForeignSubsidiaries" unitRef="BRL" id="Tag3471" decimals="-3" scale="3" format="ixt:num-dot-decimal">793</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; Reclassification to liabilities held for sale (i) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_3" name="ugp:DecreaseInNetDefinedBenefitLiabilityResultingFromReclassificationToLiabilitiesHeldForSale" unitRef="BRL" id="Tag4360" decimals="-3" scale="3" format="ixt:num-dot-decimal">10,404</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_3" name="ugp:DecreaseInNetDefinedBenefitLiabilityResultingFromReclassificationToLiabilitiesHeldForSale" unitRef="BRL" id="Tag4386" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Ending balance </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ifrs-full:ProvisionsForEmployeeBenefits" unitRef="BRL" id="Tag3608" decimals="-3" scale="3" format="ixt:num-dot-decimal">215,719</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ifrs-full:ProvisionsForEmployeeBenefits" unitRef="BRL" id="Tag4311" decimals="-3" scale="3" format="ixt:num-dot-decimal">284,724</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="border-right: none; border-left: none;"><span style="font-family: 'Times New Roman';">(i) <ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote66" continuedAt="ce27938f5-e959-4558-ae3f-cc3aa72fa9d4">For further information see Note <span style="border-left: none; border-right: none;">3</span></ix:footnote></span><ix:continuation id="ce27938f5-e959-4558-ae3f-cc3aa72fa9d4"><span style="font-family: 'Times New Roman';">.c.<span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">.</span></ix:continuation></span></span></p>
</ix:nonNumeric>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ugp:SummaryOfEmploymentBenefitExpenseTableTextBlock" id="Tag4359" escape="true">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The </span><span style="font-family: 'Times New Roman';">total of </span><span style="font-family: 'Times New Roman';">expense </span><span style="font-family: 'Times New Roman';">in each year </span><span style="font-family: 'Times New Roman';">is presented below:&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div style="border-left: none; border-right: none;">
<table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto; height: 103px;" width="80%">
<tbody>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 62.8466%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 9.79667%;">
<p style="margin: 0pt; text-align: center; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 1.66359%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 2.21811%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 9.79667%;">
<p style="margin: 0pt; text-align: center; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 1.66359%;"><br/></td>
<td style="vertical-align: top; background-color: #ffffff; height: 17px; width: 0.924214%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #ffffff; height: 17px; width: 9.79667%;">
<p style="margin: 0pt; text-align: center; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 2019 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #ffffff; height: 17px; width: 1.84843%;"><br/></td>
</tr>
<tr>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; width: 62.8466%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; width: 9.79667%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; width: 1.66359%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; width: 2.21811%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; width: 9.79667%; text-align: center;"><span style="font-weight: bold; font-size: 8pt;">Re-presented</span></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; width: 1.66359%; text-align: center;"><br/></td>
<td style="vertical-align: top; background-color: #ffffff; width: 0.924214%; text-align: center;"><br/></td>
<td style="vertical-align: bottom; background-color: #ffffff; width: 9.79667%; text-align: center;"><span style="font-weight: bold; font-size: 8pt;">Re-presented</span></td>
<td style="vertical-align: bottom; background-color: #ffffff; width: 1.84843%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; width: 62.8466%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Health and dental care plan </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 9.79667%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_HealthAndDentalCareMember" name="ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans" unitRef="BRL" id="Tag4317" decimals="-3" scale="3" format="ixt:num-dot-decimal">15,265</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.66359%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 2.21811%; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 9.79667%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_HealthAndDentalCareMember" name="ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans" unitRef="BRL" id="Tag4329" decimals="-3" scale="3" format="ixt:num-dot-decimal">11,127</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.66359%; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; width: 0.924214%; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; width: 9.79667%; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_HealthAndDentalCareMember" name="ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans" unitRef="BRL" id="Tag4335" decimals="-3" scale="3" format="ixt:num-dot-decimal">10,442</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; width: 1.84843%; padding: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 62.8466%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Indemnification of FGTS </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.79667%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_IndemnificationOfFGTSMember" name="ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans" unitRef="BRL" id="Tag4330" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,409</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.66359%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2.21811%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.79667%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_IndemnificationOfFGTSMember" name="ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans" unitRef="BRL" id="Tag3474" decimals="-3" scale="3" format="ixt:num-dot-decimal">6,199</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.66359%;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 0.924214%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 9.79667%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(<ix:nonFraction contextRef="D20191231_IndemnificationOfFGTSMember" name="ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans" unitRef="BRL" id="Tag4325" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,423</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 1.84843%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px; width: 62.8466%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Seniority bonus </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.79667%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_SeniorityBonusMember" name="ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans" unitRef="BRL" id="Tag4364" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,886</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.66359%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 2.21811%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.79667%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_SeniorityBonusMember" name="ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans" unitRef="BRL" id="Tag4367" decimals="-3" scale="3" format="ixt:num-dot-decimal">6,821</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.66359%;">)</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 0.924214%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 9.79667%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_SeniorityBonusMember" name="ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans" unitRef="BRL" id="Tag3610" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,580</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 1.84843%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 62.8466%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Life insurance </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 9.79667%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_LifeInsuranceMember" name="ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans" unitRef="BRL" id="Tag3473" decimals="-3" scale="3" format="ixt:num-dot-decimal">797</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.66359%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2.21811%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 9.79667%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_LifeInsuranceMember" name="ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans" unitRef="BRL" id="Tag4316" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,117</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.66359%;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 0.924214%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; border-bottom: 1pt solid #000000; height: 17px; width: 9.79667%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_LifeInsuranceMember" name="ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans" unitRef="BRL" id="Tag3609" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,293</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 1.84843%;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 18px; width: 62.8466%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px; width: 9.79667%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans" unitRef="BRL" id="Tag4312" decimals="-3" scale="3" format="ixt:num-dot-decimal">15,585</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.66359%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 2.21811%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px; width: 9.79667%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans" unitRef="BRL" id="Tag4369" decimals="-3" scale="3" format="ixt:num-dot-decimal">11,622</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.66359%;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 18px; width: 0.924214%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; border-bottom: 2.8pt double #000000; height: 18px; width: 9.79667%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans" unitRef="BRL" id="Tag4334" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,892</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 18px; width: 1.84843%;"><br/></td>
</tr>
</tbody>
</table>
</div>
</ix:nonNumeric>
<ix:exclude>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<div>
<div id="t_ft_5DF5UBVW8000000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-96</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Ultrapar Participa&#231;&#245;es S.A.<span>&#160;</span></span><span style="font-family: 'Times New Roman';">and</span><span style="font-family: 'Times New Roman';"><span>&#160;</span></span><span style="font-family: 'Times New Roman';">Subsidiaries</span></span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Notes to the Consolidated Financial<span>&#160;</span></span><span style="font-family: 'Times New Roman';">Statements</span></span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">(In thousands of Brazilian Reais, unless otherwise stated)</span></p>
</ix:exclude>
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<p style="border-left: none; border-right: none;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The main actuarial assumptions used are:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto; height: 102px;" width="80%">
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Economic factors </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> % p.a. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> % p.a. </span></p>
</td>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; width: 74%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Discount rate for the actuarial obligation at present value </span></p>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ifrs-full:ActuarialAssumptionOfDiscountRates" unitRef="Pure" id="Tag3472" decimals="4" scale="-2" format="ixt:num-dot-decimal">8.93</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 2%; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ifrs-full:ActuarialAssumptionOfDiscountRates" unitRef="Pure" id="Tag4356" decimals="4" scale="-2" format="ixt:num-dot-decimal">8.22</ix:nonFraction> </span></p>
</td>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Average projected salary growth rate </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreases" unitRef="Pure" id="Tag4387" decimals="4" scale="-2" format="ixt:num-dot-decimal">7.07</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreases" unitRef="Pure" id="Tag4353" decimals="4" scale="-2" format="ixt:num-dot-decimal">7.07</ix:nonFraction> </span></p>
</td>
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<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Inflation rate (long term) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ifrs-full:ActuarialAssumptionOfExpectedRatesOfInflation" unitRef="Pure" id="Tag7011" decimals="4" scale="-2" format="ixt:num-dot-decimal">3.25</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ifrs-full:ActuarialAssumptionOfExpectedRatesOfInflation" unitRef="Pure" id="Tag4383" decimals="4" scale="-2" format="ixt:num-dot-decimal">3.25</ix:nonFraction> </span></p>
</td>
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<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Growth rate of medical services </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ifrs-full:ActuarialAssumptionOfMedicalCostTrendRates" unitRef="Pure" id="Tag4346" decimals="4" scale="-2" format="ixt:num-dot-decimal">7.38</ix:nonFraction> </span></p>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ifrs-full:ActuarialAssumptionOfMedicalCostTrendRates" unitRef="Pure" id="Tag4351" decimals="4" scale="-2" format="ixt:num-dot-decimal">7.38</ix:nonFraction> </span></p>
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</table>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><br/></span></p>
<table style="width: 75%; margin-left: auto; margin-right: auto; font-family: 'times new roman'; font-size: 10pt; border-collapse: COLLAPSE;">
<tbody>
<tr style="background-color: #cceeff;">
<td style="width: 100%; background-color: #cceeff;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Demographic factors</span></td>
</tr>
<tr>
<td style="width: 100%;"><span style="font-size: 10pt;"><span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Mortality Table for the life insurance benefit &#8211; CSO-</span><span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; border-left: none; border-right: none;">80</span></span></td>
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<tr style="background-color: #cceeff;">
<td style="width: 100%; background-color: #cceeff;"><span style="font-size: 10pt;"><span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Mortality Table for other benefits &#8211; AT&#160;</span><span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; border-left: none; border-right: none;">2000</span><span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;Basic decreased by&#160;</span></span><ix:nonFraction contextRef="D20211231_3" name="ugp:DemographicAssumptionPercentageOfReasonablyPossibleDecreaseInMortalityTableForOtherBenefits" unitRef="Pure" id="Tag4313" decimals="2" scale="-2" format="ixt:num-dot-decimal">10</ix:nonFraction><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">%</span></td>
</tr>
<tr>
<td style="width: 100%;"><span style="font-size: 10pt;"><span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Disabled Mortality Table &#8211; RRB&#160;</span><span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; border-left: none; border-right: none;">1983</span><span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;and RRB-</span><span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; border-left: none; border-right: none;">1944</span></span></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="width: 100%; background-color: #cceeff;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Disability Table &#8211; Weak light</span></td>
</tr>
</tbody>
</table>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<p style="margin: 0pt; text-align: justify;"><span style="text-decoration: underline;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Sensitivity analysis</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The significant actuarial assumptions to determine the provision for post-employment benefits </span><span style="font-family: 'Times New Roman';">are:</span><span style="font-family: 'Times New Roman';"> discount rate, wage and medical costs increases. The following sensitivity analyses on December 31, 202</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">as shown </span><span style="font-family: 'Times New Roman';">below, were determined based on possible changes of assumptions occurring at the reporting date of the financial statements, keeping all other assumptions constant.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:DisclosureOfSensitivityAnalysisForActuarialAssumptionsExplanatory" id="Tag4322" escape="true">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; height: 50px; width: 100%;" width="100%">
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 10px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Assumption </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Change in assumptions </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Decrease in liability </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Change in assumptions </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Increase in liability </span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px; width: 41%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Discount rate </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px; width: 14%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <span style="border-left: none; border-right: none;">increase by <span style="border-left: none; border-right: none;"><ix:nonFraction contextRef="I20211231_ActuarialAssumptionOfDiscountRatesMember" name="ifrs-full:PercentageOfReasonablyPossibleDecreaseInActuarialAssumption" unitRef="Pure" id="Tag4354" decimals="3" scale="-2" format="ixt:num-dot-decimal">1.0</ix:nonFraction></span> p.p.</span> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px; width: 14%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_ActuarialAssumptionOfDiscountRatesMember" name="ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption" unitRef="BRL" id="Tag4350" decimals="-3" scale="3" format="ixt:num-dot-decimal">24,196</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px; width: 14%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <span style="border-left: none; border-right: none;">decrease by <span style="border-left: none; border-right: none;"><ix:nonFraction contextRef="I20211231_ActuarialAssumptionOfDiscountRatesMember" name="ifrs-full:PercentageOfReasonablyPossibleIncreaseInActuarialAssumption" unitRef="Pure" id="Tag4337" decimals="3" scale="-2" format="ixt:num-dot-decimal">1.0</ix:nonFraction></span> p.p.</span> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px; width: 14%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_ActuarialAssumptionOfDiscountRatesMember" name="ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption" unitRef="BRL" id="Tag4357" decimals="-3" scale="3" format="ixt:num-dot-decimal">24,293</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Wage growth rate </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <span style="border-left: none; border-right: none;">decrease by <span style="border-left: none; border-right: none;"><ix:nonFraction contextRef="I20211231_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember" name="ifrs-full:PercentageOfReasonablyPossibleDecreaseInActuarialAssumption" unitRef="Pure" id="Tag1698" decimals="3" scale="-2" format="ixt:num-dot-decimal">1.0</ix:nonFraction></span> p.p.</span> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember" name="ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption" unitRef="BRL" id="Tag4320" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,002</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <span style="border-left: none; border-right: none;">increase by <span style="border-left: none; border-right: none;"><ix:nonFraction contextRef="I20211231_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember" name="ifrs-full:PercentageOfReasonablyPossibleIncreaseInActuarialAssumption" unitRef="Pure" id="Tag3475" decimals="3" scale="-2" format="ixt:num-dot-decimal">1.0</ix:nonFraction></span> p.p.</span> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember" name="ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption" unitRef="BRL" id="Tag4384" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,258</ix:nonFraction> </span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Medical services growth rate </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <span style="border-left: none; border-right: none;">decrease by <span style="border-left: none; border-right: none;"><ix:nonFraction contextRef="I20211231_ActuarialAssumptionOfMedicalCostTrendRatesMember" name="ifrs-full:PercentageOfReasonablyPossibleDecreaseInActuarialAssumption" unitRef="Pure" id="Tag4310" decimals="3" scale="-2" format="ixt:num-dot-decimal">1.0</ix:nonFraction></span> p.p.</span> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_ActuarialAssumptionOfMedicalCostTrendRatesMember" name="ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption" unitRef="BRL" id="Tag6949" decimals="-3" scale="3" format="ixt:num-dot-decimal">19,218</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <span style="border-left: none; border-right: none;">increase by <span style="border-left: none; border-right: none;"><ix:nonFraction contextRef="I20211231_ActuarialAssumptionOfMedicalCostTrendRatesMember" name="ifrs-full:PercentageOfReasonablyPossibleIncreaseInActuarialAssumption" unitRef="Pure" id="Tag4318" decimals="3" scale="-2" format="ixt:num-dot-decimal">1.0</ix:nonFraction></span> p.p.</span> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_ActuarialAssumptionOfMedicalCostTrendRatesMember" name="ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption" unitRef="BRL" id="Tag4326" decimals="-3" scale="3" format="ixt:num-dot-decimal">23,522</ix:nonFraction> </span></p>
</td>
</tr>
</tbody>
</table>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify; font-size: 10pt; font-family: 'Times New Roman';"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The sensitivity analyses presented may not represent the real change in the post-employment benefits obligation, since it is unlikely that changes occur in just one assumption alone, considering that some of these assumptions may be correlated.&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Inherent risks related to post-employment benefits</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Interest rate risk: a long-term interest rate is used to calculate the present value of post-employment liabilities. A reduction in this interest rate will increase the corresponding liability.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Wage growth risk: the present value of the liability is calculated using as reference the wages of the plan participants, projected with the average nominal wage growth rate. An increase in the real wages of plan participants will increase the corresponding liability.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Medical costs growth risk: the present value of the liability is calculated using as reference the medical cost by age based on actual healthcare costs, projected based on the growth rate of medical services costs. An increase in the real medical costs will increase the corresponding liability.</span></p>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div>
<div id="t_ft_Q2DFK5N8W000000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt; height: 17px;">
<tbody>
<tr style="height: 17px;">
<td class="pgno" style="padding: 0px; text-align: center; height: 17px;"><span style="font-size: 10pt;" class="pageno">F-97</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
</div><div id="Normadiv301" style="font-family: 'times new roman', times; font-size: 10pt;">
<p style="margin: 5pt 0pt 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0pt; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Ultrapar&#160;Participa&#231;&#245;es&#160;S.A.&#160;and&#160;Subsidiaries</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Notes to the Consolidated Financial&#160;Statements</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">(In thousands of Brazilian&#160;Reais, unless otherwise stated)</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><br/></p>
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:DisclosureOfOtherProvisionsExplanatory" id="Tag4368" escape="true">
<p style="margin: auto; page-break-after: avoid; page-break-inside: avoid;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-weight: bold;"><span style="border-left: none; border-right: none;">22</span>. </span><span style="font-weight: bold;">Provision for </span><span style="font-weight: bold;">a</span><span style="font-weight: bold;">sset </span><span style="font-weight: bold;">r</span><span style="font-weight: bold;">etirement </span><span style="font-weight: bold;">o</span><span style="font-weight: bold;">bligation &#8211; </span><span style="font-weight: bold;">f</span><span style="font-weight: bold;">uel </span><span style="font-weight: bold;">t</span><span style="font-weight: bold;">anks</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The provision corresponds to the legal obligation to remove the subsidiary IPP&#8217;s underground fuel tanks located at by Ipiranga-branded service stations after a certain use period (see Note 2.o).</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ugp:SummaryOfChangesInAssetRetirementObligationTableTextBlock" id="Tag4450" escape="true">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Changes in the provision for asset retirement obligation are as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div style="border-left: none; border-right: none;">
<table cellpadding="0" style="height: 289px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2018 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20181231_ProvisionForAssetRetirementObligationMember" name="ifrs-full:OtherProvisions" unitRef="BRL" id="Tag4460" decimals="-3" scale="3" format="ixt:num-dot-decimal">54,667</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Additions (new tanks) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_ProvisionForAssetRetirementObligationMember" name="ifrs-full:AdditionalProvisionsOtherProvisions" unitRef="BRL" id="Tag4461" decimals="-3" scale="3" format="ixt:num-dot-decimal">290</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Expenditure with tanks removed </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_ProvisionForAssetRetirementObligationMember" name="ifrs-full:ProvisionUsedOtherProvisions" unitRef="BRL" id="Tag4462" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,456</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Accretion expense </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_ProvisionForAssetRetirementObligationMember" name="ifrs-full:IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions" unitRef="BRL" id="Tag4463" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,741</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2019 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_ProvisionForAssetRetirementObligationMember" name="ifrs-full:OtherProvisions" unitRef="BRL" id="Tag4464" decimals="-3" scale="3" format="ixt:num-dot-decimal">51,242</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Additions (new tanks) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_ProvisionForAssetRetirementObligationMember" name="ifrs-full:AdditionalProvisionsOtherProvisions" unitRef="BRL" id="Tag4465" decimals="-3" scale="3" format="ixt:num-dot-decimal">163</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Expenditure with tanks removed </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_ProvisionForAssetRetirementObligationMember" name="ifrs-full:ProvisionUsedOtherProvisions" unitRef="BRL" id="Tag4466" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,306</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Accretion expense </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_ProvisionForAssetRetirementObligationMember" name="ifrs-full:IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions" unitRef="BRL" id="Tag4467" decimals="-3" scale="3" format="ixt:num-dot-decimal">6,336</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_ProvisionForAssetRetirementObligationMember" name="ifrs-full:OtherProvisions" unitRef="BRL" id="Tag4468" decimals="-3" scale="3" format="ixt:num-dot-decimal">53,435</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Additions (new tanks) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_ProvisionForAssetRetirementObligationMember" name="ifrs-full:AdditionalProvisionsOtherProvisions" unitRef="BRL" id="Tag4469" decimals="-3" scale="3" format="ixt:num-dot-decimal">451</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Expenditure with tanks removed </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_ProvisionForAssetRetirementObligationMember" name="ifrs-full:ProvisionUsedOtherProvisions" unitRef="BRL" id="Tag4470" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,773</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Accretion expense </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_ProvisionForAssetRetirementObligationMember" name="ifrs-full:IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions" unitRef="BRL" id="Tag4471" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,598</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_ProvisionForAssetRetirementObligationMember" name="ifrs-full:OtherProvisions" unitRef="BRL" id="Tag4472" decimals="-3" scale="3" format="ixt:num-dot-decimal">56,711</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_ProvisionForAssetRetirementObligationMember" name="ifrs-full:OtherShorttermProvisions" unitRef="BRL" id="Tag4473" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,632</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Non-current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_ProvisionForAssetRetirementObligationMember" name="ifrs-full:OtherLongtermProvisions" unitRef="BRL" id="Tag4474" decimals="-3" scale="3" format="ixt:num-dot-decimal">52,079</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
</tbody>
</table>
</div>
</ix:nonNumeric>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
</div><div id="Normadiv300" style="font-family: 'times new roman', times; font-size: 10pt;">
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory" id="Tag4560" escape="true">
<p style="margin: 0pt 0pt 7pt; break-after: avoid; break-inside: avoid; text-indent: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;"><span style="border-left: none; border-right: none;">23</span></span><span style="font-family: 'Times New Roman'; font-weight: bold;">. Provisions and contingencies</span></span><br/></p>
<p style="margin: 0pt 0pt 7pt; break-after: avoid; break-inside: avoid; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">a. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Provisions for tax, civil, and labor risks</span></span></p>
<p style="margin: 0pt 0pt 7pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The Company and its subsidiaries are parties in tax, civil, environmental, regulatory, and labor disputes at the administrative and judiciary levels, </span><span style="font-family: 'Times New Roman';">which</span><span style="font-family: 'Times New Roman';">, when applicable, are backed by escrow deposits. Provisions for losses are estimated and updated by</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">m</span><span style="font-family: 'Times New Roman';">anagement </span><span style="font-family: 'Times New Roman';">based on </span><span style="font-family: 'Times New Roman';">the opinion of the </span><span style="font-family: 'Times New Roman';">Company&#8217;s </span><span style="font-family: 'Times New Roman';">legal department and its </span><span style="font-family: 'Times New Roman';">external </span><span style="font-family: 'Times New Roman';">legal </span><span style="font-family: 'Times New Roman';">advisors</span><span style="font-family: 'Times New Roman';">.&#160;</span></span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:DisclosureOfProvisionsExplanatory" id="Tag4541" escape="true">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The table below demonstrates the breakdown of provisions by nature and its movement:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div style="border-left: none; border-right: none;">
<div id="t_ft_KGNP8GNBQ800000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 111px; text-indent: 0px;" width="100%">
<tbody>
<tr style="height: 10px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 21.0526%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Provisions </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2020 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Additions </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Reversals </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Payments </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 7.16374%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Interest </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 11.6959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt; font-weight: bold;"> Reclassification to liabilities held for sale (i) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2021 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.46199%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 21.0526%; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> IRPJ and CSLL (a.1.1) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.33333%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_IrpjAndCsllMember" name="ifrs-full:OtherProvisions" unitRef="BRL" id="Tag4610" decimals="-3" scale="3" format="ixt:num-dot-decimal">547,862</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.31579%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.75439%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.89474%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_IrpjAndCsllMember" name="ifrs-full:AdditionalProvisionsOtherProvisions" unitRef="BRL" id="Tag4423" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.31579%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.60819%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.89474%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_IrpjAndCsllMember" name="ifrs-full:UnusedProvisionReversedOtherProvisions" unitRef="BRL" id="Tag4625" decimals="-3" scale="3" format="ixt:num-dot-decimal">6,966</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.31579%; height: 17px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.75439%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.89474%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_IrpjAndCsllMember" name="ifrs-full:ProvisionUsedOtherProvisions" unitRef="BRL" id="Tag4425" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.31579%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.60819%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.16374%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_IrpjAndCsllMember" name="ifrs-full:IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions" unitRef="BRL" id="Tag4618" decimals="-3" scale="3" format="ixt:num-dot-decimal">11,276</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.31579%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.75439%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.6959%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_IrpjAndCsllMember" name="ifrs-full:DecreaseThroughTransferToLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleOtherProvisions" unitRef="BRL" id="Tag4547" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.75439%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.33333%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_IrpjAndCsllMember" name="ifrs-full:OtherProvisions" unitRef="BRL" id="Tag4611" decimals="-3" scale="3" format="ixt:num-dot-decimal">552,172</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.46199%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 21.0526%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> ICMS (c) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.33333%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_ICMSMember_1" name="ifrs-full:OtherProvisions" unitRef="BRL" id="Tag4615" decimals="-3" scale="3" format="ixt:num-dot-decimal">108,568</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_ICMSMember" name="ifrs-full:AdditionalProvisionsOtherProvisions" unitRef="BRL" id="Tag4340" decimals="-3" scale="3" format="ixt:num-dot-decimal">58,839</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.60819%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_ICMSMember" name="ifrs-full:UnusedProvisionReversedOtherProvisions" unitRef="BRL" id="Tag6979" decimals="-3" scale="3" format="ixt:num-dot-decimal">83,536</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_ICMSMember" name="ifrs-full:ProvisionUsedOtherProvisions" unitRef="BRL" id="Tag4431" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.60819%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.16374%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_ICMSMember" name="ifrs-full:IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions" unitRef="BRL" id="Tag7013" decimals="-3" scale="3" format="ixt:num-dot-decimal">284</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.6959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_ICMSMember" name="ifrs-full:DecreaseThroughTransferToLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleOtherProvisions" unitRef="BRL" id="Tag4447" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.33333%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_ICMSMember_1" name="ifrs-full:OtherProvisions" unitRef="BRL" id="Tag4392" decimals="-3" scale="3" format="ixt:num-dot-decimal">84,155</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.46199%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 21.0526%;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Civil, environmental and regulatory claims (a.2.1) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_CivilEnvironmentalAndRegulatoryClaimsMember" name="ifrs-full:OtherProvisions" unitRef="BRL" id="Tag4606" decimals="-3" scale="3" format="ixt:num-dot-decimal">57,772</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_CivilEnvironmentalAndRegulatoryClaimsMember" name="ifrs-full:AdditionalProvisionsOtherProvisions" unitRef="BRL" id="Tag4588" decimals="-3" scale="3" format="ixt:num-dot-decimal">87,066</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_CivilEnvironmentalAndRegulatoryClaimsMember" name="ifrs-full:UnusedProvisionReversedOtherProvisions" unitRef="BRL" id="Tag4623" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,702</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_CivilEnvironmentalAndRegulatoryClaimsMember" name="ifrs-full:ProvisionUsedOtherProvisions" unitRef="BRL" id="Tag4451" decimals="-3" scale="3" format="ixt:num-dot-decimal">8,116</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.16374%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_CivilEnvironmentalAndRegulatoryClaimsMember" name="ifrs-full:IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions" unitRef="BRL" id="Tag4549" decimals="-3" scale="3" format="ixt:num-dot-decimal">724</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 11.6959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_CivilEnvironmentalAndRegulatoryClaimsMember" name="ifrs-full:DecreaseThroughTransferToLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleOtherProvisions" unitRef="BRL" id="Tag4373" decimals="-3" scale="3" format="ixt:num-dot-decimal">18,983</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_CivilEnvironmentalAndRegulatoryClaimsMember" name="ifrs-full:OtherProvisions" unitRef="BRL" id="Tag4609" decimals="-3" scale="3" format="ixt:num-dot-decimal">108,761</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.46199%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 21.0526%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Labor litigation (a.3.1) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_LaborLitigationMember" name="ifrs-full:OtherProvisions" unitRef="BRL" id="Tag4612" decimals="-3" scale="3" format="ixt:num-dot-decimal">90,675</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_LaborLitigationMember" name="ifrs-full:AdditionalProvisionsOtherProvisions" unitRef="BRL" id="Tag4629" decimals="-3" scale="3" format="ixt:num-dot-decimal">42,826</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_LaborLitigationMember" name="ifrs-full:UnusedProvisionReversedOtherProvisions" unitRef="BRL" id="Tag4371" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,432</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_LaborLitigationMember" name="ifrs-full:ProvisionUsedOtherProvisions" unitRef="BRL" id="Tag4573" decimals="-3" scale="3" format="ixt:num-dot-decimal">17,068</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.16374%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_LaborLitigationMember" name="ifrs-full:IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions" unitRef="BRL" id="Tag6919" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,620</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.6959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_LaborLitigationMember" name="ifrs-full:DecreaseThroughTransferToLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleOtherProvisions" unitRef="BRL" id="Tag4545" decimals="-3" scale="3" format="ixt:num-dot-decimal">19,161</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_LaborLitigationMember" name="ifrs-full:OtherProvisions" unitRef="BRL" id="Tag4456" decimals="-3" scale="3" format="ixt:num-dot-decimal">95,460</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.46199%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 21.0526%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_MiscellaneousOtherProvisionsMember" name="ifrs-full:OtherProvisions" unitRef="BRL" id="Tag4344" decimals="-3" scale="3" format="ixt:num-dot-decimal">93,168</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_MiscellaneousOtherProvisionsMember" name="ifrs-full:AdditionalProvisionsOtherProvisions" unitRef="BRL" id="Tag4628" decimals="-3" scale="3" format="ixt:num-dot-decimal">63</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_MiscellaneousOtherProvisionsMember" name="ifrs-full:UnusedProvisionReversedOtherProvisions" unitRef="BRL" id="Tag4574" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,457</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_MiscellaneousOtherProvisionsMember" name="ifrs-full:ProvisionUsedOtherProvisions" unitRef="BRL" id="Tag4412" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 10px; width: 7.16374%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_MiscellaneousOtherProvisionsMember" name="ifrs-full:IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions" unitRef="BRL" id="Tag4485" decimals="-3" scale="3" format="ixt:num-dot-decimal">704</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 10px; width: 11.6959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_MiscellaneousOtherProvisionsMember" name="ifrs-full:DecreaseThroughTransferToLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleOtherProvisions" unitRef="BRL" id="Tag4417" decimals="-3" scale="3" format="ixt:num-dot-decimal">841</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_MiscellaneousOtherProvisionsMember" name="ifrs-full:OtherProvisions" unitRef="BRL" id="Tag4607" decimals="-3" scale="3" format="ixt:num-dot-decimal">91,637</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.46199%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 21.0526%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ifrs-full:OtherProvisions" unitRef="BRL" id="Tag4567" decimals="-3" scale="3" format="ixt:num-dot-decimal">898,045</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:AdditionalProvisionsOtherProvisions" unitRef="BRL" id="Tag7017" decimals="-3" scale="3" format="ixt:num-dot-decimal">188,794</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:UnusedProvisionReversedOtherProvisions" unitRef="BRL" id="Tag6980" decimals="-3" scale="3" format="ixt:num-dot-decimal">106,093</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:ProvisionUsedOtherProvisions" unitRef="BRL" id="Tag4476" decimals="-3" scale="3" format="ixt:num-dot-decimal">25,184</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; width: 7.16374%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions" unitRef="BRL" id="Tag7018" decimals="-3" scale="3" format="ixt:num-dot-decimal">15,608</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; width: 11.6959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:DecreaseThroughTransferToLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleOtherProvisions" unitRef="BRL" id="Tag4358" decimals="-3" scale="3" format="ixt:num-dot-decimal">38,985</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ifrs-full:OtherProvisions" unitRef="BRL" id="Tag4391" decimals="-3" scale="3" format="ixt:num-dot-decimal">932,185</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.46199%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 21.0526%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ifrs-full:ShorttermLegalProceedingsProvision" unitRef="BRL" id="Tag7019" decimals="-3" scale="3" format="ixt:num-dot-decimal">43,660</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.16374%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 11.6959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ifrs-full:ShorttermLegalProceedingsProvision" unitRef="BRL" id="Tag7015" decimals="-3" scale="3" format="ixt:num-dot-decimal">119,942</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.46199%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 21.0526%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Non-current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.33333%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ifrs-full:LongtermLegalProceedingsProvision" unitRef="BRL" id="Tag4438" decimals="-3" scale="3" format="ixt:num-dot-decimal">854,385</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.60819%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.60819%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.16374%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.6959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.33333%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ifrs-full:LongtermLegalProceedingsProvision" unitRef="BRL" id="Tag4372" decimals="-3" scale="3" format="ixt:num-dot-decimal">812,243</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.46199%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
</tbody>
</table>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 7pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">(i) <ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote67" continuedAt="c3aa08793-4168-44ee-8431-86d1756d70d9"><span style="border-right: none; border-left: none;">For further information see Note <span style="border-left: none; border-right: none;">3</span></span></ix:footnote></span><ix:continuation id="c3aa08793-4168-44ee-8431-86d1756d70d9"><span style="border-right: none; border-left: none;"><span style="font-family: 'Times New Roman';">.c.<span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">.</span></span></ix:continuation></span></p>
</ix:nonNumeric>
<p style="margin: 6pt 0pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Some of the provisions above involve</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">in whole or in part, </span><span style="font-family: 'Times New Roman';">escrow deposits</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<ix:exclude>
<div>
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<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-98</span></td>
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</table>
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<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 7pt 0pt 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0pt; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Ultrapar Participa&#231;&#245;es S.A.&#160;</span><span style="font-family: 'Times New Roman';">and</span><span style="font-family: 'Times New Roman';">&#160;</span><span style="font-family: 'Times New Roman';">Subsidiaries</span></span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Notes to the Consolidated Financial&#160;</span><span style="font-family: 'Times New Roman';">Statements</span></span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">(In thousands of Brazilian Reais, unless otherwise stated)</span></p>
<p style="margin: 0pt; text-align: justify;"><br/></p>
</ix:exclude>
<ix:nonNumeric contextRef="D20211231_3" name="ugp:SummaryOfBalancesOfEscrowDepositsTableTextBlock" id="Tag4459" escape="true">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Balances of escrow</span><span style="font-family: 'Times New Roman';"> deposits are as follows:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div style="border-left: none; border-right: none;">
<div id="t_ft_VI4C47R96O00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 12.75pt; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"><br/></td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 73%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Tax matters </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_TaxMattersMember" name="ifrs-full:LongtermDeposits" unitRef="BRL" id="Tag4604" decimals="-3" scale="3" format="ixt:num-dot-decimal">731,326</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_TaxMattersMember" name="ifrs-full:LongtermDeposits" unitRef="BRL" id="Tag4565" decimals="-3" scale="3" format="ixt:num-dot-decimal">789,624</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Labor litigation </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_LaborLitigationMember" name="ifrs-full:LongtermDeposits" unitRef="BRL" id="Tag4548" decimals="-3" scale="3" format="ixt:num-dot-decimal">48,147</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_LaborLitigationMember" name="ifrs-full:LongtermDeposits" unitRef="BRL" id="Tag4590" decimals="-3" scale="3" format="ixt:num-dot-decimal">57,603</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Civil and others </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_CivilEnvironmentalAndRegulatoryClaimsMember" name="ifrs-full:LongtermDeposits" unitRef="BRL" id="Tag4343" decimals="-3" scale="3" format="ixt:num-dot-decimal">91,788</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_CivilEnvironmentalAndRegulatoryClaimsMember" name="ifrs-full:LongtermDeposits" unitRef="BRL" id="Tag4589" decimals="-3" scale="3" format="ixt:num-dot-decimal">102,569</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000;"><br/></td>
</tr>
<tr style="height: 13.5pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ifrs-full:LongtermDeposits" unitRef="BRL" id="Tag4624" decimals="-3" scale="3" format="ixt:num-dot-decimal">871,261</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000;"><br/></td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ifrs-full:LongtermDeposits" unitRef="BRL" id="Tag4605" decimals="-3" scale="3" format="ixt:num-dot-decimal">949,796</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000;"><br/></td>
</tr>
</tbody>
</table>
</div>
</div>
</ix:nonNumeric>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><br/></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">a.1 Provisions for tax matters</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify; font-family: 'Times New Roman'; font-size: 10PT;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">On October 7, </span><span style="font-family: 'Times New Roman';">2005</span><span style="font-family: 'Times New Roman';"> the subsidiaries Cia. Ultragaz and </span><span style="font-family: 'Times New Roman';">Bahiana</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">filed for and obtained a preliminary injunction to recognize and offset PIS and COFINS credits on LPG purchases, against other taxes levied by the</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">R</span><span style="font-family: 'Times New Roman';">FB</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">notably IRPJ and CSLL. The decision was confirmed by a trial court on May 16, 2008. Under the preliminary injunction the subsidiaries made escrow deposits for these liabilities which amounted to R$</span><span style="font-family: 'Times New Roman';"> <ix:nonFraction contextRef="D20211231_3" name="ugp:EscrowDepositsMadeUnderPreLiminaryInjunction" unitRef="BRL" id="Tag4436" decimals="-3" scale="3" format="ixt:num-dot-decimal">534,830</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, <span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">(R$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="D20201231_3" name="ugp:EscrowDepositsMadeUnderPreLiminaryInjunction" unitRef="BRL" id="Tag4569" decimals="-3" scale="3" format="ixt:num-dot-decimal">523,136</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of December 31, 20</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';">). On July 18, </span><span style="font-family: 'Times New Roman';">2014</span><span style="font-family: 'Times New Roman';"> a second instance unfavorable decision was published</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> and the subsidiaries suspended the escrow deposits, and started to</span><span style="font-family: 'Times New Roman';"> pay income taxes from that date. To revert the court decision the subsidiaries presented a writ of prevention which was dismissed on December 30, </span><span style="font-family: 'Times New Roman';">2014</span><span style="font-family: 'Times New Roman';"> and the </span><span style="font-family: 'Times New Roman';">subsidiaries </span><span style="font-family: 'Times New Roman';">appealed this decision on February 3, 2015. Appeals were also presented to the respective higher courts </span><span style="font-family: 'Times New Roman';">Superior Court of Justice </span><span style="font-family: 'Times New Roman';">(</span><span style="font-family: 'Times New Roman';">&#8220;</span><span style="font-family: 'Times New Roman';">STJ</span><span style="font-family: 'Times New Roman';">&#8221;) </span><span style="font-family: 'Times New Roman';">and </span><span style="font-family: 'Times New Roman';">Federal Supreme Court (&#8220;</span><span style="font-family: 'Times New Roman';">STF</span><span style="font-family: 'Times New Roman';">&#8221;</span><span style="font-family: 'Times New Roman';">) whose </span><span style="font-family: 'Times New Roman';">final </span><span style="font-family: 'Times New Roman';">trial are pending.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">At the STJ, the issue was subject to the system of Repetitive Appeals (Repetitive Issue No. 1093) and is awaiting judgment by the Superior Court.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">a.<span style="border-left: none; border-right: none;">2</span> Provisions for </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">c</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ivil, </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">e</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">nvironmental and </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">r</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">egulatory </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">c</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">laims</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">a.<span style="border-left: none; border-right: none;">2.1</span></span><span style="font-family: 'Times New Roman';"> The Company and its subsidiaries </span><span style="font-family: 'Times New Roman';">maintain</span><span style="font-family: 'Times New Roman';"> provisions for lawsuits and administrative proceedings, mainly derived from contracts </span><span style="font-family: 'Times New Roman';">entered into</span><span style="font-family: 'Times New Roman';"> with customers </span><span style="font-family: 'Times New Roman';">and former services providers, as well as proceedings related to environmental and regulatory issues in the amount of R$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="I20211231" name="ugp:ProvisionsForLawsuitsAndAdministrativeProceedings" unitRef="BRL" id="Tag4534" decimals="-3" scale="3" format="ixt:num-dot-decimal">108,761</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">3</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, <span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">(R$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="I20201231" name="ugp:ProvisionsForLawsuitsAndAdministrativeProceedings" unitRef="BRL" id="Tag4586" decimals="-3" scale="3" format="ixt:num-dot-decimal">57,772</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of December 31, 20</span><span style="font-family: 'Times New Roman';">20</span><span style="font-family: 'Times New Roman';">).</span><span style="font-family: 'Times New Roman';"> The increase seen during the year is due to the reassessment of likelihood of loss to probable due to unfavorable decisions in several lawsuits received by the subsidiary </span><span style="font-family: 'Times New Roman';">Ipiranga</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">a.<span style="border-left: none; border-right: none;">3</span> Provisions for labor matters</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">a.<span style="border-left: none; border-right: none;">3.1</span></span><span style="font-family: 'Times New Roman';"> The Company and its subsidiaries maintain provisions of R$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="I20211231" name="ugp:ProvisionsForLaborLitigationFiledByFormerEmployees" unitRef="BRL" id="Tag7022" decimals="-3" scale="3" format="ixt:num-dot-decimal">95,460</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';"> (</span><span style="font-family: 'Times New Roman';">R$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="I20201231" name="ugp:ProvisionsForLaborLitigationFiledByFormerEmployees" unitRef="BRL" id="Tag4568" decimals="-3" scale="3" format="ixt:num-dot-decimal">90,675</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of December 31, 20</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';">) for labor litigation filed by former employees and by employees of our service providers mainly contesting the non-payment of labor rights.</span><span style="font-family: 'Times New Roman';"> The increase seen during the year is due to the reassessment of likelihood of loss to probable due to unfavorable decisions in several lawsuits received by the subsidiary </span><span style="font-family: 'Times New Roman';">Ipiranga</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">b.</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Contingent </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">l</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">iabilities</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify; font-family: 'Times New Roman'; font-size: 10PT;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The Company and its subsidiaries </span><span style="font-family: 'Times New Roman';">are parties in</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">tax, civil, environmental, regulatory, and labor </span><span style="font-family: 'Times New Roman';">claims whose loss is assessed as </span><span style="font-family: 'Times New Roman';">possible (proceedings whose chance of loss is </span><span style="font-family: 'Times New Roman';">more than <ix:nonFraction contextRef="D20211231_BottomOfRangeMember" name="ugp:PercentageOfPossibleLossContingency" unitRef="Pure" id="Tag4437" decimals="2" scale="-2" format="ixt:num-dot-decimal">25</ix:nonFraction>% and less or equal than </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="D20211231_TopOfRangeMember" name="ugp:PercentageOfPossibleLossContingency" unitRef="Pure" id="Tag4416" decimals="2" scale="-2" format="ixt:num-dot-decimal">50</ix:nonFraction>%) </span><span style="font-family: 'Times New Roman';">by</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">the Company</span><span style="font-family: 'Times New Roman';"> and its subsidiaries</span><span style="font-family: 'Times New Roman';">&#8217; legal departments</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> based on the opinion of its external legal advisors</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and,</span><span style="font-family: 'Times New Roman';"> based on th</span><span style="font-family: 'Times New Roman';">ese</span><span style="font-family: 'Times New Roman';"> assessment</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';">, these claims </span><span style="font-family: 'Times New Roman';">were not recognized in the </span><span style="font-family: 'Times New Roman';">financial statements</span><span style="font-family: 'Times New Roman';">. The estimated amount of this contingency is R$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="I20211231" name="ugp:PossibleContingency" unitRef="BRL" id="Tag4603" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,310,603</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, <span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';"> (R$ <ix:nonFraction contextRef="I20201231" name="ugp:PossibleContingency" unitRef="BRL" id="Tag4620" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,236,982</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of December 31, 20</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';">).</span></span></p>
<ix:exclude>
<p style="margin: 0pt; text-align: justify;"><br/></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-99</span></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 6pt 0pt 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0pt; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Ultrapar Participa&#231;&#245;es S.A.<span>&#160;</span></span><span style="font-family: 'Times New Roman';">and</span><span style="font-family: 'Times New Roman';"><span>&#160;</span></span><span style="font-family: 'Times New Roman';">Subsidiaries</span></span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Notes to the Consolidated Financial<span>&#160;</span></span><span style="font-family: 'Times New Roman';">Statements</span></span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">(In thousands of Brazilian Reais, unless otherwise stated)</span></p>
</ix:exclude>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">b.<span style="border-left: none; border-right: none;">1</span> Contingent </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">l</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">iabilities for </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">t</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ax </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">m</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">atters and </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">s</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ocial </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">s</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ecurity </span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The Company and its subsidiaries have contingent liabilities for tax matters and social security in the amount of R$</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;"><ix:nonFraction contextRef="I20211231" name="ugp:ContingentLiabilitiesForTaxMattersAndSocialSecurity" unitRef="BRL" id="Tag4446" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,292,465</ix:nonFraction>&#160;</span></span><span style="font-family: 'Times New Roman';">as of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, <span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';"> (R$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="I20201231" name="ugp:ContingentLiabilitiesForTaxMattersAndSocialSecurity" unitRef="BRL" id="Tag4564" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,419,000</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of December 31, 20</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';">), mainly represented by:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">b.<span style="border-left: none; border-right: none;">1.1</span></span><span style="font-family: 'Times New Roman';"> The subsidiary IPP and its subsidiaries have assessments invalidating the offset of excise tax (&#8220;IPI&#8221;) credits in connection with the purchase of raw materials used in the manufacturing of products which sales are not subject to IPI under the protection of tax immunity. The amount of this contingency is R$</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="I20211231" name="ugp:IpiContingency" unitRef="BRL" id="Tag4587" decimals="-3" scale="3" format="ixt:num-dot-decimal">178,422</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> a</span><span style="font-family: 'Times New Roman';">s of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, <span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';"> (R$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="I20201231" name="ugp:IpiContingency" unitRef="BRL" id="Tag4561" decimals="-3" scale="3" format="ixt:num-dot-decimal">176,390</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> as of December 31, 20</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';">).</span></span></p>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<p style="margin: 0pt; text-align: justify; font-size: 10pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold; font-size: 10pt;">b.1.2</span><span style="font-family: 'Times New Roman';"> The subsidiary IPP and its subsidiaries have legal proceedings related to ICMS. The total amount involved in these proceedings, was R$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="I20211231" name="ugp:LegalProceedingsRelatedToIcms" unitRef="BRL" id="Tag4566" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,303,383</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">3</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';"> (</span><span style="font-family: 'Times New Roman';">R$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="I20201231" name="ugp:LegalProceedingsRelatedToIcms" unitRef="BRL" id="Tag4484" decimals="0" scale="3" format="ixt:num-dot-decimal">958.134</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of December 31, 20</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';">). Such proceedings arise mostly of the disregard of ICMS credits amounting to R$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="I20211231" name="ugp:IcmsCredits" unitRef="BRL" id="Tag6921" decimals="-3" scale="3" format="ixt:num-dot-decimal">209,611</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';"> (</span><span style="font-family: 'Times New Roman';">R$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="I20201231" name="ugp:IcmsCredits" unitRef="BRL" id="Tag4533" decimals="-3" scale="3" format="ixt:num-dot-decimal">300,707</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of December 31, 20</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';">), of which R$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="D20211231_3" name="ugp:ReversalOfICMSCredits" unitRef="BRL" id="Tag4622" decimals="-3" scale="3" format="ixt:num-dot-decimal">15,532</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">(R$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="D20201231_3" name="ugp:ReversalOfICMSCredits" unitRef="BRL" id="Tag4546" decimals="-3" scale="3" format="ixt:num-dot-decimal">92,687</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of December 31, 20</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';">) refer to proportional reversal requirement of ICMS credits related to the acquisition of hydrated alcohol; of alleged non-payment in the amount of R$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="D20211231_3" name="ugp:ReversalOfAllegedNonpayment" unitRef="BRL" id="Tag4616" decimals="-3" scale="3" format="ixt:num-dot-decimal">106,590</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';"> (</span><span style="font-family: 'Times New Roman';">R$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="D20201231_3" name="ugp:ReversalOfAllegedNonpayment" unitRef="BRL" id="Tag4542" decimals="-3" scale="3" format="ixt:num-dot-decimal">98,157</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of December 31, 20</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';">);</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">of conditioned fruition of fiscal incentive in the amount of </span><span style="font-family: 'Times New Roman';">R$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="D20211231_3" name="ugp:ReversalOfConditionedFruitionOfFiscalIncentive" unitRef="BRL" id="Tag4435" decimals="-3" scale="3" format="ixt:num-dot-decimal">174,039</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, <span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';"> (</span><span style="font-family: 'Times New Roman';">R$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="D20201231_3" name="ugp:ReversalOfConditionedFruitionOfFiscalIncentive" unitRef="BRL" id="Tag6920" decimals="-3" scale="3" format="ixt:num-dot-decimal">119,894</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of December 31, 20</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';">); </span><span style="font-family: 'Times New Roman';">of</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">inventory differences in the amount of R$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="D20211231_3" name="ugp:ReversalOfInventoryDifferences" unitRef="BRL" id="Tag4608" decimals="-3" scale="3" format="ixt:num-dot-decimal">295,163</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';"> (</span><span style="font-family: 'Times New Roman';">R$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="D20201231_3" name="ugp:ReversalOfInventoryDifferences" unitRef="BRL" id="Tag4517" decimals="-3" scale="3" format="ixt:num-dot-decimal">269,581</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of December 31, 20</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';">; and of fiscal </span><span style="font-family: 'Times New Roman';">equilibrium</span><span style="font-family: 'Times New Roman';"> fund </span><span style="font-family: 'Times New Roman';">required by States to fruition tax benefits </span><span style="font-family: 'Times New Roman';">in the amount of R$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="D20211231_SubsidiaryIPPMember" name="ugp:FruitionTaxExpensesBenefitsRelatedToFiscalEquilibriumFund" unitRef="BRL" id="Tag4421" decimals="-3" scale="3" format="ixt:num-dot-decimal">59,128</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and a <ix:nonFraction contextRef="D20211231_SubsidiaryIPPMember" name="ugp:SurchargeRateOnNonEssentialProducts" unitRef="Pure" id="Tag4420" decimals="2" scale="-2" format="ixt:num-dot-decimal">2</ix:nonFraction>% surcharge on products considered non-essential </span><span style="font-family: 'Times New Roman';">(</span><span style="font-family: 'Times New Roman';">hydrated ethanol</span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';"> in the amount of R$ <ix:nonFraction contextRef="D20211231_SubsidiaryIPPMember" name="ugp:SurchargeOnNonEssentialProducts" unitRef="BRL" id="Tag4452" decimals="-3" scale="3" format="ixt:num-dot-decimal">219,218</ix:nonFraction></span><span style="font-family: 'Times New Roman';">&#160;as of December 31, 2021.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">b.1.</span><span style="font-family: 'Times New Roman'; font-weight: bold;">3</span><span style="font-family: 'Times New Roman';"> The Company and its subsidiaries are parties to administrative and judicial suits involving Income Tax, Social </span><span style="font-family: 'Times New Roman';">Security Contribution, PIS and COFINS, substantially about denials of offset claims and credits disallowance which total amount is R$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="I20211231" name="ugp:OffsetClaimsAndCreditDisallowances" unitRef="BRL" id="Tag7021" decimals="-3" scale="3" format="ixt:num-dot-decimal">578,097</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, <span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';"> (R$ <ix:nonFraction contextRef="I20201231" name="ugp:OffsetClaimsAndCreditDisallowances" unitRef="BRL" id="Tag6922" decimals="-3" scale="3" format="ixt:num-dot-decimal">709,338</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of December 31, 20</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';">), mainly represented by:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">b.1.</span><span style="font-family: 'Times New Roman'; font-weight: bold;">3</span><span style="font-family: 'Times New Roman'; font-weight: bold;">.1</span><span style="font-family: 'Times New Roman'; font-weight: bold;"> </span><span style="font-family: 'Times New Roman';">T</span><span style="font-family: 'Times New Roman';">he subsidiary IPP received a tax assessment related to the IRPJ and CSLL resulting from the alleged undue amortization of the goodwill paid on acquisition of a subsidiary, in the amount of R$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="I20211231" name="ugp:AmortizationOfGoodwillPaidOnAcquisitionOfSubsidiary" unitRef="BRL" id="Tag4613" decimals="-3" scale="3" format="ixt:num-dot-decimal">218,589</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, <span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';"> (R$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="I20201231" name="ugp:AmortizationOfGoodwillPaidOnAcquisitionOfSubsidiary" unitRef="BRL" id="Tag4478" decimals="-3" scale="3" format="ixt:num-dot-decimal">212,350</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of December 31, 20</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';">, which includes the amount of the income taxes, interest and penalty. </span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">b.2 Contingent </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">l</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">iabilities for </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">c</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ivil, </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">e</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">nvironmental and </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">r</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">egulatory </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">c</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">laims </span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The Company and its subsidiaries have contingent liabilities for civil, </span><span style="font-family: 'Times New Roman';">environmental</span><span style="font-family: 'Times New Roman';"> and regulatory claims in the amount of R$</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="I20211231" name="ugp:ContingentLiabilitiesForCivilEnvironmentalAndRegulatoryClaims" unitRef="BRL" id="Tag4411" decimals="-3" scale="3" format="ixt:num-dot-decimal">771,695</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, <span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';"> (R$</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="I20201231" name="ugp:ContingentLiabilitiesForCivilEnvironmentalAndRegulatoryClaims" unitRef="BRL" id="Tag4477" decimals="-3" scale="3" format="ixt:num-dot-decimal">561,713</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of December 31, 20</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';">), mainly represented by:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">b.2.1</span><span style="font-family: 'Times New Roman';"> The subsidiary Cia. Ultragaz is party to an administrative proceeding before CADE based on alleged anti-competitive practices in the State of Minas Gerais in 2001. The CADE entered a decision against Cia. Ultragaz and imposed a penalty of R$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="I20211231" name="ugp:PenaltyOnUltragaz" unitRef="BRL" id="Tag4475" decimals="-3" scale="3" format="ixt:num-dot-decimal">34,162</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, <span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';"> (R$ </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;"><ix:nonFraction contextRef="I20201231" name="ugp:PenaltyOnUltragaz" unitRef="BRL" id="Tag4563" decimals="-3" scale="3" format="ixt:num-dot-decimal">33,895</ix:nonFraction></span></span><span style="font-family: 'Times New Roman';">&#160;</span><span style="font-family: 'Times New Roman';">as of December 31, 20</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';">). The imposition of such administrative decision was suspended by a court order and its merit is being judicially reviewed.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">b.2.2</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"> </span><span style="font-family: 'Times New Roman';">The subsidiary </span><span style="font-family: 'Times New Roman';">Cia. </span><span style="font-family: 'Times New Roman';">Ultragaz has </span><span style="font-family: 'Times New Roman';">lawsuits totaling </span><span style="font-family: 'Times New Roman';">the amount of R$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="I20211231_CiaUltragazMember" name="ugp:ContingentLiabilitiesForCivilEnvironmentalAndRegulatoryClaims" unitRef="BRL" id="Tag4621" decimals="-3" scale="3" format="ixt:num-dot-decimal">233,426</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> (R$ <ix:nonFraction contextRef="I20201231_CiaUltragazMember" name="ugp:ContingentLiabilitiesForCivilEnvironmentalAndRegulatoryClaims" unitRef="BRL" id="Tag7020" decimals="-3" scale="3" format="ixt:num-dot-decimal">186,381</ix:nonFraction> on December 31, 2020) filed by resellers seeking the declaration of nullity and termination of distribution contracts, in addition to indemnities for losses and damages.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">b.2.3</span><span style="font-family: 'Times New Roman'; font-weight: bold;"> </span><span style="font-family: 'Times New Roman';">The subsidiary IPP</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">became party to </span><span style="font-family: 'Times New Roman';">an</span><span style="font-family: 'Times New Roman';"> administrative proceeding filed by CADE,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">related to allegations of anti-competitive practices in the </span><span style="font-family: 'Times New Roman';">Distrito Federal</span><span style="font-family: 'Times New Roman';"> which was </span><span style="font-family: 'Times New Roman';">established</span><span style="font-family: 'Times New Roman';"> in June 2020, </span><span style="font-family: 'Times New Roman';">arising from a preliminary investigation started in 2009. IPP has already presented its defense and the proceeding is in the evidentiary stage</span><span style="font-family: 'Times New Roman';">. </span><span style="font-family: 'Times New Roman';">In</span><span style="font-family: 'Times New Roman';"> 2020</span><span style="font-family: 'Times New Roman';"> and 2019</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">IPP received </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="D20201231_SubsidiaryIPPMember" name="ugp:NumberOfFinesReceived" unitRef="Item" id="Tag4454" decimals="0" format="ixt-sec:numwordsen">two</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">fine</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">in the amount of R$ <ix:nonFraction contextRef="D20201231_SubsidiaryIPPMember" name="ugp:PenaltyOnAdministrativeProceedings" unitRef="BRL" id="Tag4339" decimals="-3" scale="3" format="ixt:num-dot-decimal">8,187</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> and R$ <ix:nonFraction contextRef="D20191231_SubsidiaryIPPMember" name="ugp:PenaltyOnAdministrativeProceedings" unitRef="BRL" id="Tag4619" decimals="-3" scale="3" format="ixt:num-dot-decimal">40,693</ix:nonFraction></span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">for allegedly influencing uniform commercial conduct among fuel resellers</span><span style="font-family: 'Times New Roman';"> around</span><span style="font-family: 'Times New Roman';"> the </span><span style="font-family: 'Times New Roman';">city</span><span style="font-family: 'Times New Roman';"> of </span><span style="font-family: 'Times New Roman';">Belo Horizonte, state of Minas Gerais</span><span style="font-family: 'Times New Roman';"> and in Joinville, Santa Catarina</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">T</span><span style="font-family: 'Times New Roman';">he IPP submitted both decisions to judicial review and in both </span><span style="font-family: 'Times New Roman';">cases</span><span style="font-family: 'Times New Roman';"> decisions were issued suspending the enforceability of fines due to the judicial guarantees presented.</span><span style="font-family: 'Times New Roman';"> Management supported by their external legal advisors classify the likelihood of loss as remote.</span></span></p>
<ix:exclude>
<p style="margin: 0pt; text-align: justify;"><br/></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-100</span></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<p style="margin: 6pt 0pt 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0pt; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Ultrapar Participa&#231;&#245;es S.A.<span>&#160;</span></span><span style="font-family: 'Times New Roman';">and</span><span style="font-family: 'Times New Roman';"><span>&#160;</span></span><span style="font-family: 'Times New Roman';">Subsidiaries</span></span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Notes to the Consolidated Financial<span>&#160;</span></span><span style="font-family: 'Times New Roman';">Statements</span></span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">(In thousands of Brazilian Reais, unless otherwise stated)</span></p>
</ix:exclude>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; text-align: justify;"><br/></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">b.2.</span><span style="font-family: 'Times New Roman'; font-weight: bold;">4</span><span style="font-family: 'Times New Roman';"> On November 29, </span><span style="font-family: 'Times New Roman';">2016</span><span style="font-family: 'Times New Roman';"> a technical opinion was issued by the Operational Support Center for Execution (Centro de </span><span style="font-family: 'Times New Roman';">Apoio</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Operacional</span><span style="font-family: 'Times New Roman';"> &#224; </span><span style="font-family: 'Times New Roman';">Execu&#231;&#227;o</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">&#8211;</span><span style="font-family: 'Times New Roman';"> CAEX), a technical body linked to the S&#227;o Paulo State Public Prosecutor (&#8220;MPE&#8221;), presenting a proposal of compensation for the alleged environmental damages caused by the fire on April 2<sup>nd</sup></span><span style="font-family: 'Times New Roman';">, 2015 at the Santos Terminal of the subsidiary </span><span style="font-family: 'Times New Roman';">Ultracargo</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Log</span><span style="font-family: 'Times New Roman';">&#237;</span><span style="font-family: 'Times New Roman';">stica</span><span style="font-family: 'Times New Roman';">. This technical opinion is non-binding, with no condemnatory or sanctioning nature, and will still be evaluated by the authorities and parties. The subsidiary </span><span style="font-family: 'Times New Roman';">disagrees with the methodology and the assumptions adopted in the proposal and</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">is negotiating an agreement with the MPE and the Brazilian Federal Public Prosecutor (&#8220;MPF&#8221;), </span><span style="font-family: 'Times New Roman';">since the beginning of the investigation </span><span style="font-family: 'Times New Roman';">and currently there is no </span><span style="font-family: 'Times New Roman';">civil </span><span style="font-family: 'Times New Roman';">lawsuit filed on the matter. The negotiations relate to </span><span style="font-family: 'Times New Roman'; font-style: italic;">in natura</span><span style="font-family: 'Times New Roman';"> repair of the any damages</span><span style="font-family: 'Times New Roman';">. T</span><span style="font-family: 'Times New Roman';">hus, on May 15, 2019, the subsidiary </span><span style="font-family: 'Times New Roman';">Ultracargo</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Log</span><span style="font-family: 'Times New Roman';">&#237;</span><span style="font-family: 'Times New Roman';">stica</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">signed</span><span style="font-family: 'Times New Roman';"> a Partial Conduct Adjustment Commitment Agreement (&#8220;TAC&#8221;) </span><span style="font-family: 'Times New Roman';">in the amount of R$ <ix:nonFraction contextRef="D20190515" name="ugp:CompensationSuitAgainstDamages" unitRef="BRL" id="Tag4455" decimals="-3" scale="3" format="ixt:num-dot-decimal">67,539</ix:nonFraction> </span><span style="font-family: 'Times New Roman';">with the MPE and MPF to compensate for diffuse and collective damages of any kind arising from the fish mortality and the damage caused to the ichthyofauna. </span><span style="font-family: 'Times New Roman';">The n</span><span style="font-family: 'Times New Roman';">egotiation on compensation for other alleged damages are still ongoing and once concluded</span><span style="font-family: 'Times New Roman';">, the payments related to the project costs may affect the </span><span style="font-family: 'Times New Roman';">future </span><span style="font-family: 'Times New Roman';">Company&#8217;s f</span><span style="font-family: 'Times New Roman';">inancial statements</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The MPF filed a&#160;</span><span style="font-family: 'Times New Roman';">criminal case against</span><span style="font-family: 'Times New Roman';">&#160;</span><span style="font-family: 'Times New Roman';">the subsidiary </span><span style="font-family: 'Times New Roman';">Ultracargo</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Log&#237;stica</span><span style="font-family: 'Times New Roman';">, which</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">was summoned and replied to the </span><span style="font-family: 'Times New Roman';">complaint</span><span style="font-family: 'Times New Roman';"> on June 19</span><span style="font-family: 'Times New Roman';">, 2018</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">On September 12, 2019, at a hearing in the federal court of Santos, the MPF and </span><span style="font-family: 'Times New Roman';">Ultracargo</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Log&#237;stica</span><span style="font-family: 'Times New Roman';"> agreed, and the judicial authority approved, the conditional suspension of the criminal proceedings for a period of 2 years, when </span><span style="font-family: 'Times New Roman';">Ultracargo</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Log&#237;stica</span><span style="font-family: 'Times New Roman';"> shall then prove compliance with the execution of the Partial TAC signed, with the obligation of a complementary allocation of R$ <ix:nonFraction contextRef="D20211231_FisheriesManagementProjectMember" name="ugp:CompensationPaidToParty" unitRef="BRL" id="Tag4602" decimals="-3" scale="3" format="ixt:num-dot-decimal">13,000</ix:nonFraction> to </span><span style="font-family: 'Times New Roman';">TAC and </span><span style="font-family: 'Times New Roman';">the Fisheries Management Project, to obtain the definitive filing of the process</span><span style="font-family: 'Times New Roman';">. </span><span style="font-family: 'Times New Roman';">On February 4, 2021, the subsidiary paid the remaining balance referring to the TAC, without pending and/or additional financial obligation arising from such commitment assumed. </span><span style="font-family: 'Times New Roman';">In addition, </span><span style="font-family: 'Times New Roman';">as of</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">3</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, <span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, there </span><span style="font-family: 'Times New Roman';">are</span><span style="font-family: 'Times New Roman';"> contingent liabilities</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">related to lawsuits in the amount of </span><span style="font-family: 'Times New Roman';">R$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="I20211231" name="ugp:ContingentLiabilitiesNotRecognizedToLawsuit" unitRef="BRL" id="Tag4453" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,022</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">(R$&#160;</span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="I20201231" name="ugp:ContingentLiabilitiesNotRecognizedToLawsuit" unitRef="BRL" id="Tag4543" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,428</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of</span><span style="font-family: 'Times New Roman';"> December 31, 20</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';">. </span><span style="font-family: 'Times New Roman';">Between </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2020</span></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, <span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">21</span></span><span style="font-family: 'Times New Roman';">, there </span><span style="font-family: 'Times New Roman';">were</span><span style="font-family: 'Times New Roman';"> no</span><span style="font-family: 'Times New Roman';"> extrajudicial </span><span style="font-family: 'Times New Roman';">claims</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">b.3 Contingent </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">l</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">iabilities for </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">l</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">abor </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">m</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">atters </span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The Company and its subsidiaries have contingent liabilities for labor matters in the amount of R$</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="I20211231" name="ugp:ContingentLiabilitiesForLaborMatters" unitRef="BRL" id="Tag7014" decimals="-3" scale="3" format="ixt:num-dot-decimal">246,443</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, <span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">(R$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="I20201231" name="ugp:ContingentLiabilitiesForLaborMatters" unitRef="BRL" id="Tag4419" decimals="-3" scale="3" format="ixt:num-dot-decimal">256,269</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of December 31,</span><span style="font-family: 'Times New Roman';"> <span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">c.</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Lubricants operation between IPP and Chevron</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">In the process of </span><span style="font-family: 'Times New Roman';">transaction</span><span style="font-family: 'Times New Roman';"> of </span><span style="font-family: 'Times New Roman';">the lubricants</span><span style="font-family: 'Times New Roman';">'</span><span style="font-family: 'Times New Roman';"> operation in Brazil between Chevron and subsidiary </span><span style="font-family: 'Times New Roman';">IPP ,</span><span style="font-family: 'Times New Roman';"> it was agreed that each shareholder is responsible for any claims arising out of acts, facts or omissions that occurred prior to the </span><span style="font-family: 'Times New Roman';">transaction</span><span style="font-family: 'Times New Roman';">. T</span><span style="font-family: 'Times New Roman';">he liability provisions of the Chevron shareholder in the amount of R$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="I20211231_ChevronAndSubsidiaryIPPMember" name="ifrs-full:LegalProceedingsProvision" unitRef="BRL" id="Tag4518" decimals="-3" scale="3" format="ixt:num-dot-decimal">19,724</ix:nonFraction></span><span style="font-family: 'Times New Roman';">&#160;(R</span><span style="font-family: 'Times New Roman';">$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="I20201231_ChevronAndSubsidiaryIPPMember" name="ifrs-full:LegalProceedingsProvision" unitRef="BRL" id="Tag4445" decimals="-3" scale="3" format="ixt:num-dot-decimal">101,663</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of December 31, 20</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';"> are reflected in the consolidation of these</span><span style="font-family: 'Times New Roman';"> financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';">. Additionally, in connection with the business combination, a provision in the amount of R$ <ix:nonFraction contextRef="I20171201_ChevronAndSubsidiaryIPPMember" name="ifrs-full:LegalProceedingsProvision" unitRef="BRL" id="Tag4544" decimals="-3" scale="3" format="ixt:num-dot-decimal">198,900</ix:nonFraction> was recognized on December 1, </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2017</span></span><span style="font-family: 'Times New Roman';"> due contingent liabilities</span><span style="font-family: 'Times New Roman';">, amounted </span><span style="font-family: 'Times New Roman';">to </span><span style="font-family: 'Times New Roman';">R</span><span style="font-family: 'Times New Roman';">$</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="I20211201_ChevronAndSubsidiaryIPPMember" name="ifrs-full:LegalProceedingsProvision" unitRef="BRL" id="Tag4486" decimals="-3" scale="3" format="ixt:num-dot-decimal">101,267</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> as</span><span style="font-family: 'Times New Roman';"> of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, <span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';"> (R$</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;"><ix:nonFraction contextRef="I20201201_ChevronAndSubsidiaryIPPMember" name="ifrs-full:LegalProceedingsProvision" unitRef="BRL" id="Tag4375" decimals="-3" scale="3" format="ixt:num-dot-decimal">102,777</ix:nonFraction></span></span><span style="font-family: 'Times New Roman';">&#160;</span><span style="font-family: 'Times New Roman';">as of December 31, 20</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';">. The amounts of provisions of Chevron's liability </span><span style="font-family: 'Times New Roman';">recognized in the business combination </span><span style="font-family: 'Times New Roman';">will be reimbursed to subsidiary </span><span style="font-family: 'Times New Roman';">Iconic</span><span style="font-family: 'Times New Roman';"> in the event of losses and an indemnity asset </span><span style="font-family: 'Times New Roman';">was</span><span style="font-family: 'Times New Roman';"> hereby constituted in the same amount</span><span style="font-family: 'Times New Roman';">, without the need to establish a provision for uncollectible amounts</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">P</span><span style="font-family: 'Times New Roman';">art of the provision of the Chevron related to the ICMS tax assessment (R$ <ix:nonFraction contextRef="D20210416_ChevronAndSubsidiaryIPPMember" name="ugp:PaymentsForIcmsTaxAssessment" unitRef="BRL" id="Tag7016" decimals="-3" scale="3" format="ixt:num-dot-decimal">81,060</ix:nonFraction>)</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> for the period from July 1996 to Dec</span><span style="font-family: 'Times New Roman';">ember </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1997</span></span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> was definitively extinguished through the payment made</span><span style="font-family: 'Times New Roman';"> by the Chevron</span><span style="font-family: 'Times New Roman';"> in the tax amnesty program, established by the Agreement ICMS/RJ No. <span style="border-left: none; border-right: none;">51</span>/<span style="border-left: none; border-right: none;">2020</span> (Decree/RJ No. <span style="border-left: none; border-right: none;">47</span></span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">332</span>/<span style="border-left: none; border-right: none;">2020</span> and State Law of RJ No. <span style="border-left: none; border-right: none;">9,041</span>/<span style="border-left: none; border-right: none;">2020</span>) on April 16, 2021.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The </span><span style="font-family: 'Times New Roman';">value</span><span style="font-family: 'Times New Roman';"> of the provision of the Chevron indemnification&#160;</span><span style="font-family: 'Times New Roman';">in the amount </span><span style="font-family: 'Times New Roman';">of R$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="I20211231_ChevronAndSubsidiaryIPPMember" name="ifrs-full:LegalProceedingsProvision" unitRef="BRL" id="Tag4591" decimals="-3" scale="3" format="ixt:num-dot-decimal">19,724</ix:nonFraction></span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> refers to: </span><span style="font-family: 'Times New Roman';">(</span><span style="font-family: 'Times New Roman';">i</span><span style="font-family: 'Times New Roman';">) </span><span style="font-family: 'Times New Roman';">R$ <span style="border-left: none; border-right: none;"><ix:nonFraction contextRef="I20211231_ChevronAndSubsidiaryIPPMember" name="ugp:ContingentLiabilitiesForTaxAssessmentsOnSales" unitRef="BRL" id="Tag4562" decimals="-3" scale="3" format="ixt:num-dot-decimal">17,231</ix:nonFraction></span></span><span style="font-family: 'Times New Roman';">&#160;</span><span style="font-family: 'Times New Roman';">ICMS assessments on sales for industrial purposes, in which the STF closed the judgment of the thesis unfavorably to taxpayers; </span><span style="font-family: 'Times New Roman';">(</span><span style="font-family: 'Times New Roman';">ii</span><span style="font-family: 'Times New Roman';">) </span><span style="font-family: 'Times New Roman';">R$ </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;"><ix:nonFraction contextRef="I20211231_ChevronAndSubsidiaryIPPMember" name="ugp:ContingentLiabilitiesForLaborMatters" unitRef="BRL" id="Tag7023" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,207</ix:nonFraction></span></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">labor claims</span><span style="font-family: 'Times New Roman';"> a</span><span style="font-family: 'Times New Roman';">nd (iii)</span><span style="font-family: 'Times New Roman';"> R$ <ix:nonFraction contextRef="I20211231_ChevronAndSubsidiaryIPPMember" name="ugp:ContingentLiabilitiesForCivilEnvironmentalAndRegulatoryClaims" unitRef="BRL" id="Tag4374" decimals="-3" scale="3" format="ixt:num-dot-decimal">285</ix:nonFraction></span><span style="font-family: 'Times New Roman';">&#160;</span><span style="font-family: 'Times New Roman';">civil, </span><span style="font-family: 'Times New Roman';">regulatory</span><span style="font-family: 'Times New Roman';"> and environmental claims.</span></span></p>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-101</span></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
</div><div id="Normadiv302" style="font-family: 'times new roman', times; font-size: 10pt;">
<p style="margin: 5pt 0pt 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0pt; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Ultrapar Participa&#231;&#245;es S.A.<span>&#160;</span></span><span style="font-family: 'Times New Roman';">and</span><span style="font-family: 'Times New Roman';"><span>&#160;</span></span><span style="font-family: 'Times New Roman';">Subsidiaries</span></span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Notes to the Consolidated Financial<span>&#160;</span></span><span style="font-family: 'Times New Roman';">Statements</span></span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">(In thousands of Brazilian Reais, unless otherwise stated)&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ugp:DisclosureOfDeferredRevenueTextBlock" id="Tag4801" escape="true">
<p style="margin: 0pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;"><span style="border-left: none; border-right: none;">24</span></span><span style="font-family: 'Times New Roman'; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-weight: bold;">Deferred </span><span style="font-family: 'Times New Roman'; font-weight: bold;">r</span><span style="font-family: 'Times New Roman'; font-weight: bold;">evenue</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ugp:SummaryOfDeferredRevenueInSubsidiariesTableTextBlock" id="Tag4800" escape="true">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The subsidiaries </span><span style="font-family: 'Times New Roman';">of the Company </span><span style="font-family: 'Times New Roman';">have recognized the following deferred revenue:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<table cellpadding="0" style="height: 86px; border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; text-indent: 0px;" width="80%">
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<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 73%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#8216;am/pm&#8217; and Jet Oil franchising upfront fee (a) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_FranchisingUpfrontFeeMember" name="ifrs-full:DeferredIncomeIncludingContractLiabilities" unitRef="BRL" id="Tag4717" decimals="-3" scale="3" format="ixt:num-dot-decimal">420</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; width: 1%;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_FranchisingUpfrontFeeMember" name="ifrs-full:DeferredIncomeIncludingContractLiabilities" unitRef="BRL" id="Tag239" decimals="-3" scale="3" format="ixt:num-dot-decimal">814</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Loyalty program &#8220;Km de Vantagens&#8221; (b) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_LoyaltyProgramOneMember" name="ifrs-full:DeferredIncomeIncludingContractLiabilities" unitRef="BRL" id="Tag1696" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,205</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_LoyaltyProgramOneMember" name="ifrs-full:DeferredIncomeIncludingContractLiabilities" unitRef="BRL" id="Tag7296" decimals="-3" scale="3" format="ixt:num-dot-decimal">15,424</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Loyalty program &#8220;Clube Extrafarma&#8221; (b) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_LoyaltyProgramTwoMember" name="ifrs-full:DeferredIncomeIncludingContractLiabilities" unitRef="BRL" id="Tag6986" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_LoyaltyProgramTwoMember" name="ifrs-full:DeferredIncomeIncludingContractLiabilities" unitRef="BRL" id="Tag1692" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,044</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total current </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ifrs-full:DeferredIncomeIncludingContractLiabilities" unitRef="BRL" id="Tag4719" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,625</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ifrs-full:DeferredIncomeIncludingContractLiabilities" unitRef="BRL" id="Tag4720" decimals="-3" scale="3" format="ixt:num-dot-decimal">18,282</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
</tr>
</tbody>
</table>
</div>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">a. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Franchising </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">u</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">pfront </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">f</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ee&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">am/pm is the convenience stores chain of the </span><span style="font-family: 'Times New Roman';">Ipiranga</span><span style="font-family: 'Times New Roman';"> service stations and </span><span style="font-family: 'Times New Roman';">o</span><span style="font-family: 'Times New Roman';">n December 31, </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">202</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';"> had </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="I20211231_AmPmMember" name="ugp:NumberOfStoresWhichHaveNotYetMetPerformanceRequirements" unitRef="Store" id="Tag6985" decimals="INF" format="ixt:num-dot-decimal">8</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> stores</span><span style="font-family: 'Times New Roman';"> (unaudited)&#160;</span><span style="font-family: 'Times New Roman';">with initial deferred franchising upfront fee</span><span style="font-family: 'Times New Roman';"> as the requirements for recognition in income have not yet been met (<ix:nonFraction contextRef="I20201231_AmPmMember" name="ugp:NumberOfStoresWhichHaveNotYetMetPerformanceRequirements" unitRef="Store" id="Tag4716" decimals="INF" format="ixt:num-dot-decimal">20</ix:nonFraction> stores (unaudited) as of December 31, 2020). In <span style="border-left: none; border-right: none;">2021</span>, <ix:nonFraction contextRef="I20211231_AmPmMember" name="ugp:NumberOfStores1" unitRef="Store" id="Tag240" decimals="INF" format="ixt:num-dot-decimal">90</ix:nonFraction> stores (unaudited) were opened in total </span><span style="font-family: 'Times New Roman';">(<ix:nonFraction contextRef="I20201231_AmPmMember" name="ugp:NumberOfStores1" unitRef="Store" id="Tag1694" decimals="INF" format="ixt:num-dot-decimal">58</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">stores</span><span style="font-family: 'Times New Roman';"> (unaudited) opened </span><span style="font-family: 'Times New Roman';">i</span><span style="font-family: 'Times New Roman';">n <span style="border-left: none; border-right: none;">2020</span>)</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Jet Oil</span><span style="font-family: 'Times New Roman';"> i</span><span style="font-family: 'Times New Roman';">s the network specialized in oil changes and automotive services at </span><span style="font-family: 'Times New Roman';">Ipiranga</span><span style="font-family: 'Times New Roman';"> gas stations and as of December 31, 2021, it had </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="I20211231_JetOilMember" name="ugp:NumberOfStoresWhichHaveNotYetMetPerformanceRequirements" unitRef="Store" id="Tag4718" decimals="INF" format="ixt:num-dot-decimal">8</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> stores (unaudited) opened with initial </span><span style="font-family: 'Times New Roman';">deferred </span><span style="font-family: 'Times New Roman';">franchise</span><span style="font-family: 'Times New Roman';"> upfront</span><span style="font-family: 'Times New Roman';"> fee </span><span style="font-family: 'Times New Roman';">as the requirements for recognition in income have not yet been met (<ix:nonFraction contextRef="I20201231_JetOilMember" name="ugp:NumberOfStoresWhichHaveNotYetMetPerformanceRequirements" unitRef="Store" id="Tag241" decimals="INF" format="ixt:num-dot-decimal">4</ix:nonFraction> stores (unaudited) as of December 31, 2020). In <span style="border-left: none; border-right: none;">2021</span>, <ix:nonFraction contextRef="I20211231_JetOilMember" name="ugp:NumberOfStores1" unitRef="Store" id="Tag1693" decimals="INF" format="ixt:num-dot-decimal">45</ix:nonFraction> stores (unaudited) were opened in total</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">(<ix:nonFraction contextRef="I20201231_JetOilMember" name="ugp:NumberOfStores1" unitRef="Store" id="Tag1695" decimals="INF" format="ixt:num-dot-decimal">45</ix:nonFraction> stores (unaudited) opened </span><span style="font-family: 'Times New Roman';">in</span><span style="font-family: 'Times New Roman';"> <span style="border-left: none; border-right: none;">2020</span>)</span><span style="font-family: 'Times New Roman';">. </span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">For more information</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">on the deferred income from the initial franchise fee</span><span style="font-family: 'Times New Roman';"> see Note <span style="border-left: none; border-right: none;">2</span>.a.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">b. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Loyalty </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">p</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">rogram</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">s</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The</span><span style="font-family: 'Times New Roman';"> loyalty program called K</span><span style="font-family: 'Times New Roman';">M</span><span style="font-family: 'Times New Roman';"> de </span><span style="font-family: 'Times New Roman';">Vantagens</span><span style="font-family: 'Times New Roman';">&#160;</span><span style="font-family: 'Times New Roman';">under which registered customers are rewarded with points when they buy products </span><span style="font-family: 'Times New Roman';">in several partners, including </span><span style="font-family: 'Times New Roman';">the </span><span style="font-family: 'Times New Roman';">Ipiranga</span><span style="font-family: 'Times New Roman';">&#8217;s</span><span style="font-family: 'Times New Roman';"> service station</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">was</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">transferred</span><span style="font-family: 'Times New Roman';"> to </span><span style="font-family: 'Times New Roman';">Abastece</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">a</span><span style="font-family: 'Times New Roman';">&#237;</span><span style="font-family: 'Times New Roman';"> (www.abasteceai.com.br). The </span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';">ubsidiary </span><span style="font-family: 'Times New Roman';">IPP </span><span style="font-family: 'Times New Roman';">remains a partner in the program, offering cashback to </span><span style="font-family: 'Times New Roman';">its</span><span style="font-family: 'Times New Roman';"> customers </span><span style="font-family: 'Times New Roman';">based on the limits negotiated under the terms of the partnership, where, after the customer </span><span style="font-family: 'Times New Roman';">meet the requirements for the right to the benefit, </span><span style="font-family: 'Times New Roman';">Abastece</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">a&#237;</span><span style="font-family: 'Times New Roman';"> i</span><span style="font-family: 'Times New Roman';">mmediately credits the amount to the customer's virtual wallet and charges I</span><span style="font-family: 'Times New Roman';">PP</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">which reimburses </span><span style="font-family: 'Times New Roman';">Abastece</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">a&#237;</span><span style="font-family: 'Times New Roman';"> a</span><span style="font-family: 'Times New Roman';">nd recognizes </span><span style="font-family: 'Times New Roman';">the same amount </span><span style="font-family: 'Times New Roman';">as </span><span style="font-family: 'Times New Roman';">reduction</span><span style="font-family: 'Times New Roman';"> in sales</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">At the end of each year, the </span><span style="font-family: 'Times New Roman';">subsidiary</span><span style="font-family: 'Times New Roman';"> IPP assesses the points available to its customers with the potential to become cashback in future years and recognizes such probability as deferred income.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Subsidiary </span><span style="font-family: 'Times New Roman';">Extrafarma</span><span style="font-family: 'Times New Roman';"> has a loyalty program called </span><span style="font-family: 'Times New Roman';">Clube </span><span style="font-family: 'Times New Roman';">Extrafarma</span><span style="font-family: 'Times New Roman';">&#160;under which registered customers are rewarded with points when they buy products at its drugstore chain. The customers may exchange these points, during the period of </span><span style="font-family: 'Times New Roman';"><span style="-sec-ix-hidden:Tag7847">six</span></span><span style="font-family: 'Times New Roman';">&#160;months, for</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">discounts in products at its drugstore chain</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">recharge credit on a mobile phone, and</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">prizes</span><span style="font-family: 'Times New Roman';"> offered by partners</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Multiplus</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Fidelidade</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Ipiranga</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">through</span><span style="font-family: 'Times New Roman';"> Km de </span><span style="font-family: 'Times New Roman';">Vantagens</span><span style="font-family: 'Times New Roman';">. </span><span style="font-family: 'Times New Roman';">Points received by </span><span style="font-family: 'Times New Roman';">Extrafarma&#8217;s</span><span style="font-family: 'Times New Roman';"> customers are </span><span style="font-family: 'Times New Roman';">recognized as a reduction</span><span style="font-family: 'Times New Roman';"> of</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">revenue from sales and services</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">On December 31, 2021, the balance </span><span style="font-family: 'Times New Roman';">in the amount of R$ <ix:nonFraction contextRef="I20211231_ExtrafarmaMember_1" name="ugp:DeferredRevenueReclassifiedToALiabilityHeldForSale" unitRef="BRL" id="Tag4715" decimals="-3" scale="3" format="ixt:num-dot-decimal">927</ix:nonFraction> </span><span style="font-family: 'Times New Roman';">was reclassified to a liability held for sale</span><span style="font-family: 'Times New Roman';">.&#160;&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Deferred revenue is </span><span style="font-family: 'Times New Roman';">estimated </span><span style="font-family: 'Times New Roman';">based on the fair value of the points granted, considering the value of the </span><span style="font-family: 'Times New Roman';">prizes</span><span style="font-family: 'Times New Roman';"> and the expected redemption of </span><span style="font-family: 'Times New Roman';">these </span><span style="font-family: 'Times New Roman';">points.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">For more information on deferred revenue from loyalty program, see Note </span><span style="font-family: 'Times New Roman';">2.a.</span></span></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-102</span></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<p style="margin: 6pt 0pt 8pt; text-align: justify; font-family: 'Times New Roman'; font-size: 7pt; text-indent: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Ultrapar Participa&#231;&#245;es S.A.<span>&#160;</span></span><span style="font-family: 'Times New Roman';">and</span><span style="font-family: 'Times New Roman';"><span>&#160;</span></span><span style="font-family: 'Times New Roman';">Subsidiaries</span></span></p>
<p style="margin: 0pt 0pt 8pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0pt; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Notes to the Consolidated Financial<span>&#160;</span></span><span style="font-family: 'Times New Roman';">Statements</span></span></p>
<p style="margin: 0pt 0pt 8pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0pt; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">(In thousands of Brazilian Reais, unless otherwise stated)</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ugp:DisclosureOfSubscriptionWarrantsExplanatory" id="Tag242" escape="true">
<p><span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"><span style="border-left: none; border-right: none;">25</span></span><span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">.</span><span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">&#160;</span><span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Subscription </span><span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">w</span><span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">arrants &#8211; </span><span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">i</span><span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">ndemnification</span><br/></p>
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Because of the association between the Company and </span><span style="font-family: 'Times New Roman';">Extrafarma</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">o</span><span style="font-family: 'Times New Roman';">n January 31, 2014, <span style="border-left: none; border-right: none;"><ix:nonFraction contextRef="D20140131" name="ugp:SubscriptionWarrantsSharesIssued" unitRef="Shares" id="Tag243" decimals="0" format="ixt:num-dot-decimal">7</ix:nonFraction></span> subscription warrants &#8211; indemnification </span><span style="font-family: 'Times New Roman';">were&#160;</span><span style="font-family: 'Times New Roman';">issued, corresponding to up to </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="D20140131" name="ugp:MaximumNumberOfSharesToBeIssuedSubscriptionWarrants" unitRef="Shares" id="Tag4872" decimals="0" format="ixt:num-dot-decimal">6,411,244</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> shares</span><span style="font-family: 'Times New Roman';"> of the Company</span><span style="font-family: 'Times New Roman';">. The subscription warrants &#8211; indemnification could be exercised </span><span style="font-family: 'Times New Roman';">beginning</span><span style="font-family: 'Times New Roman';"> <span style="border-left: none; border-right: none;">2020</span> </span><span style="font-family: 'Times New Roman';">by the former shareholders of </span><span style="font-family: 'Times New Roman';">Extrafarma</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and are adjusted according to the changes in the amounts of provisions for tax, civil, and labor risks and contingent liabilities related to the period prior to January 31, 2014. The subscription warrants &#8211; indemnification&#8217;s fair value is measured based on the share price of Ultrapar (UGPA<span style="border-left: none; border-right: none;">3</span>) and is reduced by the dividend yield until <span style="border-left: none; border-right: none;">2020</span>, since the exercise is possible only from <span style="border-left: none; border-right: none;">2020</span>, and they are not entitled to dividends </span><span style="font-family: 'Times New Roman';">while they are not converted into shares</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">On February 23, 2022 the issuance of <ix:nonFraction contextRef="I20220223_MajorOrdinaryShareTransactionsMember" name="ugp:ExerciseOfWarrantsRightsOutstanding" unitRef="Shares" id="Tag4870" decimals="0" format="ixt:num-dot-decimal">43,925</ix:nonFraction> common shares (see Note 35) and August 11, 2021, February 24, 2021, August 12, 2020 and February 19, 2020, the Company&#8217;s Board of Directors approved, the issuance of&#160;<ix:nonFraction contextRef="I20210811" name="ugp:ExerciseOfWarrantsRightsOutstanding" unitRef="Shares" id="Tag4842" decimals="0" format="ixt:num-dot-decimal">31,032</ix:nonFraction>, <ix:nonFraction contextRef="I20200224" name="ugp:ExerciseOfWarrantsRightsOutstanding" unitRef="Shares" id="Tag4873" decimals="0" format="ixt:num-dot-decimal">70,939</ix:nonFraction>, <ix:nonFraction contextRef="I20200812" name="ugp:ExerciseOfWarrantsRightsOutstanding" unitRef="Shares" id="Tag245" decimals="0" format="ixt:num-dot-decimal">86,978</ix:nonFraction> and&#160;<ix:nonFraction contextRef="I20200219" name="ugp:ExerciseOfWarrantsRightsOutstanding" unitRef="Shares" id="Tag244" decimals="0" format="ixt:num-dot-decimal">2,108,542</ix:nonFraction>, <span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">respectively,&#160;</span>common shares within the authorized capital limit provided by the article&#160;6 of the Bylaws, due to the partial exercise of the rights conferred by the subscription warrants issued by the Company at the time of the merger of all Extrafarma shares into the Company, approved by the Extraordinary General Meeting ("EGM") of the Company held on January 31, 2014. &#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">As set out in the association agreement between the Company and </span><span style="font-family: 'Times New Roman';">Extrafarma</span><span style="font-family: 'Times New Roman';"> of January 31, </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2014</span></span><span style="font-family: 'Times New Roman';"> and due to the unfavorable decisions on some lawsuits</span><span style="font-family: 'Times New Roman';">&#160;with triggering</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">events prior to</span><span style="font-family: 'Times New Roman';"> January 31, 2014, </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;"><ix:nonFraction contextRef="D20140131" name="ugp:NumberOfSharesCanceledAndNotIssuedWhichLinkedToSubscriptionWarrantsIndemnification" unitRef="Shares" id="Tag4871" decimals="0" format="ixt:num-dot-decimal">578,538</ix:nonFraction></span></span><span style="font-family: 'Times New Roman';">&#160;shares linked to the subscription warrants </span><span style="font-family: 'Times New Roman';">&#8211;</span><span style="font-family: 'Times New Roman';"> indemnification were canceled and </span><span style="font-family: 'Times New Roman';">not</span><span style="font-family: 'Times New Roman';"> issue</span><span style="font-family: 'Times New Roman';">d</span><span style="font-family: 'Times New Roman';">. </span><span style="font-family: 'Times New Roman';">On </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, <span style="border-left: none; border-right: none;">2021</span></span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;"><ix:nonFraction contextRef="I20211231" name="ugp:SubscriptionWarrantsShares" unitRef="Shares" id="Tag4843" decimals="0" format="ixt:num-dot-decimal">3,527,934</ix:nonFraction></span></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">shares</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">were</span><span style="font-family: 'Times New Roman';"> retained linked to subscription warrants </span><span style="font-family: 'Times New Roman';">&#8211;</span><span style="font-family: 'Times New Roman';"> indemnification which </span><span style="font-family: 'Times New Roman';">will</span><span style="font-family: 'Times New Roman';"> be issued </span><span style="font-family: 'Times New Roman';">or canceled </span><span style="font-family: 'Times New Roman';">as the final decisions&#160;</span><span style="font-family: 'Times New Roman';">on the lawsuits are determined,</span><span style="font-family: 'Times New Roman';">&#160;</span><span style="font-family: 'Times New Roman';">the maximum number of shares that can be issued in the future, total R$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="I20211231" name="ugp:SubscriptionWarrants" unitRef="BRL" id="Tag4844" decimals="-3" scale="3" format="ixt:num-dot-decimal">51,296</ix:nonFraction> (R$ <ix:nonFraction contextRef="I20201231" name="ugp:SubscriptionWarrants" unitRef="BRL" id="Tag4803" decimals="-3" scale="3" format="ixt:num-dot-decimal">86,439</ix:nonFraction> as of December 31, 2020)</span><span style="font-family: 'Times New Roman';">.&#160;</span></span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</div><div id="Normadiv333" style="font-family: 'times new roman', times; font-size: 10pt;">
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory" id="Tag4669" escape="true">
<p style="margin: 0pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;"><span style="border-left: none; border-right: none;">26</span>. </span><span style="font-family: 'Times New Roman'; font-weight: bold;">Equity</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">a. Share </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">c</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">apital</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">On </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">20</span><span style="font-family: 'Times New Roman';">2</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';"> t</span><span style="font-family: 'Times New Roman';">he subscribed and paid-in capital stock consists of </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="I20211231_OrdinarySharesMember" name="ifrs-full:NumberOfSharesIssuedAndFullyPaid" unitRef="Shares" id="Tag4750" decimals="0" format="ixt:num-dot-decimal">1,115,107,683</ix:nonFraction></span><span style="font-family: 'Times New Roman';">&#160;(</span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="I20201231_OrdinarySharesMember" name="ifrs-full:NumberOfSharesIssuedAndFullyPaid" unitRef="Shares" id="Tag4876" decimals="0" format="ixt:num-dot-decimal">1,115,005,712</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> as of December 31, 20</span><span style="font-family: 'Times New Roman';">20</span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';"> common shares with <ix:nonFraction contextRef="I20211231_OrdinarySharesMember" name="ifrs-full:ParValuePerShare" unitRef="BRLPerShare" id="Tag4937" decimals="0" format="ixt-sec:numwordsen">no</ix:nonFraction> par value</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and the issuance of preferred shares and participation certificates is prohibited.</span><span style="font-family: 'Times New Roman';">&#160;</span><span style="font-family: 'Times New Roman';">Each common share entitles its holder to <ix:nonNumeric contextRef="D20211231_OrdinarySharesMember" name="ifrs-full:RightsPreferencesAndRestrictionsAttachingToClassOfShareCapital" id="Tag4881" escape="true">one</ix:nonNumeric> vote at Shareholders&#8217; Meetings.&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">As of</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">20</span><span style="font-family: 'Times New Roman';">2</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';"> there were </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="I20211231_OrdinarySharesMember" name="ugp:NumberOfSharesOutstandingAbroadInFormOfAmericanDepositaryReceipts" unitRef="Shares" id="Tag4676" decimals="0" format="ixt:num-dot-decimal">50,374,275</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">common shares outstanding abroad in the form of ADRs</span><span style="font-family: 'Times New Roman';"> (</span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="I20201231_OrdinarySharesMember" name="ugp:NumberOfSharesOutstandingAbroadInFormOfAmericanDepositaryReceipts" unitRef="Shares" id="Tag6203" decimals="0" format="ixt:num-dot-decimal">47,413,094</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">shares </span><span style="font-family: 'Times New Roman';">as of December</span><span style="font-family: 'Times New Roman';"> 31</span><span style="font-family: 'Times New Roman';">, 20</span><span style="font-family: 'Times New Roman';">20</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="I20191231_OrdinarySharesMember" name="ugp:NumberOfSharesOutstandingAbroadInFormOfAmericanDepositaryReceipts" unitRef="Shares" id="Tag4782" decimals="0" format="ixt:num-dot-decimal">46,518,315</ix:nonFraction> shares as of December 31, 2019</span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';">.</span></span><br/></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-103</span></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 0pt; text-align: justify; font-family: 'Times New Roman'; font-size: 7pt;"><span style="font-family: 'Times New Roman'; font-size: 7pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Ultrapar Participa&#231;&#245;es S.A.<span>&#160;</span></span><span style="font-family: 'Times New Roman';">and</span><span style="font-family: 'Times New Roman';"><span>&#160;</span></span><span style="font-family: 'Times New Roman';">Subsidiaries</span></span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Notes to the Consolidated Financial<span>&#160;</span></span><span style="font-family: 'Times New Roman';">Statements</span></span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">(In thousands of Brazilian Reais, unless otherwise stated)</span></p>
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</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">b.</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Equity instrument granted</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The Company has a </span><span style="font-family: 'Times New Roman';">share-based incentive plan, which establishes the general terms and conditions for the concession of common shares issued by the Company held in treasury (see </span><span style="font-family: 'Times New Roman';">N</span><span style="font-family: 'Times New Roman';">ote </span><span style="font-family: 'Times New Roman';">9</span><span style="font-family: 'Times New Roman';">.c).</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">c.</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Treasury </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">s</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">hares</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The Company acquired its own shares at market prices, without capital reduction, to be held in treasury and to be subsequently disposed of or cancelled. </span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">As of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">20</span><span style="font-family: 'Times New Roman';">2</span><span style="font-family: 'Times New Roman';">1, </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="I20211231_TreasurySharesMember" name="ifrs-full:SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates" unitRef="Shares" id="Tag4822" decimals="0" format="ixt:num-dot-decimal">23,756,393</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> common shares (<ix:nonFraction contextRef="I20201231_TreasurySharesMember" name="ifrs-full:SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates" unitRef="Shares" id="Tag4929" decimals="0" format="ixt:num-dot-decimal">24,739,626</ix:nonFraction> as of December 31, </span><span style="font-family: 'Times New Roman';">20</span><span style="font-family: 'Times New Roman';">20</span><span style="font-family: 'Times New Roman';"> and </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="I20191231_TreasurySharesMember" name="ifrs-full:SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates" unitRef="Shares" id="Tag4831" decimals="0" format="ixt:num-dot-decimal">26,780,298</ix:nonFraction> as of December 31, 2019</span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">were held in the Company's treasury, acquired at an average cost of R$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="D20211231_TreasurySharesMember" name="ugp:TreasurySharesAveragePrice" unitRef="BRLPerShare" id="Tag6892" decimals="2" format="ixt:num-dot-decimal">18.13</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> (R$ <ix:nonFraction contextRef="D20201231_TreasurySharesMember" name="ugp:TreasurySharesAveragePrice" unitRef="BRLPerShare" id="Tag4752" decimals="2" format="ixt:num-dot-decimal">19.77</ix:nonFraction> as of December 31, 20</span><span style="font-family: 'Times New Roman';">20</span><span style="font-family: 'Times New Roman';"> and R$ <ix:nonFraction contextRef="D20191231_TreasurySharesMember" name="ugp:TreasurySharesAveragePrice" unitRef="BRLPerShare" id="Tag4821" decimals="2" format="ixt:num-dot-decimal">18.12</ix:nonFraction> as of December 31, 201</span><span style="font-family: 'Times New Roman';">9</span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">d.</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Capital </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">r</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">eserve </span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The capital reserve reflects the gain on the transfer of shares at market price used in the Deferred Stock Plan granted to executives of the subsidiaries</span><span style="font-family: 'Times New Roman';"> of the Company</span><span style="font-family: 'Times New Roman';">, as mentioned in Note </span><span style="font-family: 'Times New Roman';">9</span><span style="font-family: 'Times New Roman';">.c.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Because </span><span style="font-family: 'Times New Roman';">of </span><span style="font-family: 'Times New Roman';">Extrafarma</span><span style="font-family: 'Times New Roman';">&#8217;</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> associa</span><span style="font-family: 'Times New Roman';">tion</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">in</span><span style="font-family: 'Times New Roman';"> 2014</span><span style="font-family: 'Times New Roman';"> the Company recognized an increase in the capital reserves in the amount of R$ <ix:nonFraction contextRef="D20211231_ExtrafarmaMember_CapitalReserveMember" name="ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary" unitRef="BRL" id="Tag6888" decimals="-3" scale="3" format="ixt:num-dot-decimal">498,812</ix:nonFraction>, due to the difference between the value attributable to share capital and the market value of the Ultrapar shares on the date of issu</span><span style="font-family: 'Times New Roman';">anc</span><span style="font-family: 'Times New Roman';">e</span><span style="font-family: 'Times New Roman';">, deducted </span><span style="font-family: 'Times New Roman';">by </span><span style="font-family: 'Times New Roman';">R$ <ix:nonFraction contextRef="D20211231_CapitalReserveMember" name="ifrs-full:ShareIssueRelatedCost" unitRef="BRL" id="Tag6719" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,260</ix:nonFraction> related to the</span><span style="font-family: 'Times New Roman';"> incurred costs directly attributable to issuing new shares</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';"> Additionally, </span><span style="font-family: 'Times New Roman';">August 11</span><span style="font-family: 'Times New Roman';">, 2021</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> February 24, </span><span style="font-family: 'Times New Roman';">2021</span><span style="font-family: 'Times New Roman';">, August 12, 2020 and on February 19, 2020</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';">&#160;and, there was an increase in the reserve </span><span style="font-family: 'Times New Roman';">in the</span><span style="font-family: 'Times New Roman';"> amount of R$ <ix:nonFraction contextRef="D20210811_CapitalReserveMember" name="ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary" unitRef="BRL" id="Tag4885" decimals="-3" scale="3" format="ixt:num-dot-decimal">448</ix:nonFraction></span><span style="font-family: 'Times New Roman';">, R$ <ix:nonFraction contextRef="D20210224_CapitalReserveMember" name="ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary" unitRef="BRL" id="Tag6882" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,371</ix:nonFraction></span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> R$ <ix:nonFraction contextRef="D20200812_CapitalReserveMember" name="ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary" unitRef="BRL" id="Tag4686" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,691</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> and R$ <ix:nonFraction contextRef="D20200219_CapitalReserveMember" name="ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary" unitRef="BRL" id="Tag7491" decimals="-3" scale="3" format="ixt:num-dot-decimal">53,072</ix:nonFraction></span><span style="font-family: 'Times New Roman';">, respectively</span><span style="font-family: 'Times New Roman';">, due to the partial exercise of the subscription warrants &#8211; indemnification (see note </span><span style="font-family: 'Times New Roman';">25</span><span style="font-family: 'Times New Roman';">).</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">e.</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Revaluation </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">r</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">eserve</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The revaluation reserve</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">recognized</span><span style="font-family: 'Times New Roman';"> prior to the adoption of </span><span style="font-family: 'Times New Roman';">the international accounting standards (IFRS)</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> reflects the revaluation of assets of subsidiaries and is based on depreciation, write-off, or disposal of the revalued assets of the subsidiaries, as well as the tax effects recognized by these subsidiaries.</span></span></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-104</span></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<p style="margin: 0pt; text-align: justify; font-family: 'Times New Roman'; font-size: 7pt;"><span style="font-family: 'Times New Roman'; font-size: 7pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Ultrapar Participa&#231;&#245;es S.A.<span>&#160;</span></span><span style="font-family: 'Times New Roman';">and</span><span style="font-family: 'Times New Roman';"><span>&#160;</span></span><span style="font-family: 'Times New Roman';">Subsidiaries</span></span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Notes to the Consolidated Financial<span>&#160;</span></span><span style="font-family: 'Times New Roman';">Statements</span></span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">(In thousands of Brazilian Reais, unless otherwise stated)</span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">f.</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Profit </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">r</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">eserves</span></span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">f.1 </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Legal </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">r</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">eserve</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Under Brazilian Corporate Law, the Company is required to </span><span style="font-family: 'Times New Roman';">allocate</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="D20211231_3" name="ugp:LegalReserveAsPercentageOfNetIncome" unitRef="Pure" id="Tag4817" decimals="2" scale="-2" format="ixt:num-dot-decimal">5</ix:nonFraction>% of net annual earnings to a legal reserve, until the balance reaches <ix:nonFraction contextRef="D20211231_3" name="ugp:ThresholdPercentageOfShareCapitalForLegalReserveAllocation" unitRef="Pure" id="Tag6280" decimals="2" scale="-2" format="ixt:num-dot-decimal">20</ix:nonFraction>% of </span><span style="font-family: 'Times New Roman';">share </span><span style="font-family: 'Times New Roman';">capital. </span><span style="font-family: 'Times New Roman';">As of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';">, 2021, the legal reserve totaled R$ <ix:nonFraction contextRef="D20211231_3" name="ugp:LegalReserves" unitRef="BRL" id="Tag4743" decimals="-3" scale="3" format="ixt:num-dot-decimal">791,083</ix:nonFraction> (R$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="D20201231_3" name="ugp:LegalReserves" unitRef="BRL" id="Tag6202" decimals="-3" scale="3" format="ixt:num-dot-decimal">750,010</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> as of December 31, 2020). </span><span style="font-family: 'Times New Roman';">This reserve may be used to increase capital or </span><span style="font-family: 'Times New Roman';">to </span><span style="font-family: 'Times New Roman';">absorb losses but may not be distributed as dividends.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">f.</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">2</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"> </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Investments </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">r</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">eserve</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">In compliance with Article 194 of the Brazilian Corporate Law and Article 54.b) of the Bylaws this reserve is aimed to protect the integrity of the Company&#8217;s assets and to supplement its capital stock, </span><span style="font-family: 'Times New Roman';">in order to</span><span style="font-family: 'Times New Roman';"> allow new investments to be made. As provided in </span><span style="font-family: 'Times New Roman';">its</span><span style="font-family: 'Times New Roman';"> Bylaws, the Company may allocate up to <ix:nonFraction contextRef="I20211231" name="ugp:StatutoryReserveAsPercentageOfNetIncome" unitRef="Pure" id="Tag4882" decimals="2" scale="-2" format="ixt:num-dot-decimal">50</ix:nonFraction>% of </span><span style="font-family: 'Times New Roman';">the annual </span><span style="font-family: 'Times New Roman';">net income, after deducting the legal reserve, to the investments reserve</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> up to the limit of <ix:nonFraction contextRef="D20211231_3" name="ugp:ThresholdPercentageOfShareCapitalForInvestmentsReserveAllocation" unitRef="Pure" id="Tag4749" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction>% of the </span><span style="font-family: 'Times New Roman';">share </span><span style="font-family: 'Times New Roman';">capital.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The investments reserve </span><span style="font-family: 'Times New Roman';">is </span><span style="font-family: 'Times New Roman';">free of distribution restrictions and totaled R$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="D20211231_InvestmentsStatutoryReserveMember" name="ugp:RetentionOfProfitsAndInvestmentsReserve" unitRef="BRL" id="Tag6876" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,073,876</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';">, 20</span><span style="font-family: 'Times New Roman';">2</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">(R$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="D20201231_InvestmentsStatutoryReserveMember" name="ugp:RetentionOfProfitsAndInvestmentsReserve" unitRef="BRL" id="Tag4747" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,658,265</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of</span><span style="font-family: 'Times New Roman';"> December 31, </span><span style="font-family: 'Times New Roman';">20</span><span style="font-family: 'Times New Roman';">20</span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">g.</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Other comprehensive income</span></span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="font-size: 10pt; font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">g.1&#160;Other reserves</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<td style="width: 5%; text-align: center; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(i)</span></td>
<td style="width: 95%; text-align: justify;"><span style="font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Gains and losses on the hedging instruments of exchange rate related to firm commitment and highly probable transactions designated as cash flows hedges are recognized in equity as &#8220;other reserves&#8221;. Gains and losses are reclassified to initial cost of non-financial assets recognized in&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">statements of&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">profit or loss&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">at the moment</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;of paid off of the hedge instrument.</span></span></td>
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<td style="text-align: center; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(ii)</span></td>
<td style="text-align: justify;"><span style="font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">The differences between the fair value of financial investments measured at fair value through other comprehensive income and the initial&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">amount</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;of financial investments plus the earned income and the foreign currency exchange variation are recognized in equity as <span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">other reserves</span>. Gains and losses are reclassified to statements of profit or loss when the financial investment is settled.</span></span><br/></td>
</tr>
<tr>
<td style="text-align: center; vertical-align: top;" valign="top"><br/></td>
<td style="text-align: justify;"><br/></td>
</tr>
<tr>
<td style="text-align: center; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(iii)</span></td>
<td style="text-align: justify;"><span style="font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Actuarial g</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">ains&#160;and losses relating to post-employment benefits, calculated based on a valuation conducted by an independent actuary, are recognized in equity&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">under&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">the title&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#8220;<span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">other reserves</span></span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#8221;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">.&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Actuarial g</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">ains&#160;and losses recorded in equity are&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">not&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">reclassified to profit or loss in&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">subsequent periods</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">.</span></span></td>
</tr>
<tr>
<td style="text-align: center; vertical-align: top;" valign="top"><br/></td>
<td style="text-align: justify;"><br/></td>
</tr>
<tr>
<td style="text-align: center; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(iv)</span></td>
<td style="text-align: justify;"><span style="font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">The Company&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">also&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">recognizes in this&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">item</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;the effect of changes in the non-controlling interest in subsidiaries that do not result in loss of control. This amount corresponds to the difference between the amount by which the non</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">-</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">controlling interest was&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">adjusted</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;and the fair value of the consideration received or paid and represents a transaction with shareholders.</span></span></td>
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</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<div id="t_ft_GJDSSSD03400000000000000000000b">
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-105</span></td>
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</table>
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<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 0pt; text-align: justify; font-family: 'Times New Roman'; font-size: 7pt;"><span style="font-family: 'Times New Roman'; font-size: 7pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Ultrapar Participa&#231;&#245;es S.A.<span>&#160;</span></span><span style="font-family: 'Times New Roman';">and</span><span style="font-family: 'Times New Roman';"><span>&#160;</span></span><span style="font-family: 'Times New Roman';">Subsidiaries</span></span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Notes to the Consolidated Financial<span>&#160;</span></span><span style="font-family: 'Times New Roman';">Statements</span></span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">(In thousands of Brazilian Reais, unless otherwise stated)</span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:DisclosureOfAnalysisOfOtherComprehensiveIncomeByItemExplanatory" id="Tag3735" escape="true">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Balance and changes in <span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">other reserves</span> of the </span><span style="font-family: 'Times New Roman';">Company</span><span style="font-family: 'Times New Roman';"> are as follows:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_M54HF53XQO00000000000000000000b">
<table cellpadding="0" style="height: 265px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 65px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; width: 36.756%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; border-bottom: 1pt solid #000000; width: 9.82143%;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Fair value of cash flow hedging instruments (i) </span></p>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; width: 1.78571%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; border-bottom: 1pt solid #000000; width: 9.97024%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Fair value of financial instruments (ii) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; width: 1.33929%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; width: 1.6369%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; border-bottom: 1pt solid #000000; width: 9.97024%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Actuarial (loss) gain of post-employment benefits (iii) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; width: 1.33929%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; width: 1.78571%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; border-bottom: 1pt solid #000000; width: 9.97024%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Non-controlling shareholders interest change (iv) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; width: 1.4556%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; width: 1.78571%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; border-bottom: 1pt solid #000000; width: 9.52381%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; width: 1.4881%;"><br/></td>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px; width: 36.756%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2018 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.82143%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20181231_ReserveOfCashFlowHedgesMember" name="ugp:MiscellaneousOtherReserves" unitRef="BRL" id="Tag6890" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">243,336</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20181231_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember" name="ugp:MiscellaneousOtherReserves" unitRef="BRL" id="Tag4890" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">273</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.33929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.6369%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20181231_ReserveOfRemeasurementsOfDefinedBenefitPlansMember" name="ugp:MiscellaneousOtherReserves" unitRef="BRL" id="Tag7798" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">17,749</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.33929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20181231_NoncontrollingShareholdersInterestChangeMember" name="ugp:MiscellaneousOtherReserves" unitRef="BRL" id="Tag4761" decimals="-3" scale="3" format="ixt:num-dot-decimal">197,369</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4556%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.52381%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20181231_MiscellaneousOtherReservesMember" name="ugp:MiscellaneousOtherReserves" unitRef="BRL" id="Tag4925" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">63,989</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; width: 36.756%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Changes in fair value of financial instruments </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.82143%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_ReserveOfCashFlowHedgesMember" name="ifrs-full:OtherComprehensiveIncomeBeforeTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag4877" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">76,479</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember" name="ifrs-full:OtherComprehensiveIncomeBeforeTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag4891" decimals="-3" scale="3" format="ixt:num-dot-decimal">478</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.6369%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_ReserveOfRemeasurementsOfDefinedBenefitPlansMember" name="ifrs-full:OtherComprehensiveIncomeBeforeTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag4677" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_NoncontrollingShareholdersInterestChangeMember" name="ifrs-full:OtherComprehensiveIncomeBeforeTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag4694" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4556%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.52381%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_MiscellaneousOtherReservesMember" name="ifrs-full:OtherComprehensiveIncomeBeforeTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag4874" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">76,001</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;">)</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px; width: 36.756%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> IRPJ and CSLL on fair value </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.82143%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_ReserveOfCashFlowHedgesMember" name="ifrs-full:IncomeTaxRelatingToFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag4760" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">23,683</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember" name="ifrs-full:IncomeTaxRelatingToFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag6891" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.6369%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_ReserveOfRemeasurementsOfDefinedBenefitPlansMember" name="ifrs-full:IncomeTaxRelatingToFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag4780" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_NoncontrollingShareholdersInterestChangeMember" name="ifrs-full:IncomeTaxRelatingToFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag4766" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4556%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.52381%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_MiscellaneousOtherReservesMember" name="ifrs-full:IncomeTaxRelatingToFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag4756" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">23,683</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; width: 36.756%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Actuarial loss of post-employment benefits </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.82143%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_ReserveOfCashFlowHedgesMember" name="ifrs-full:OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag4818" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember" name="ifrs-full:OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag4819" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.6369%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_ReserveOfRemeasurementsOfDefinedBenefitPlansMember" name="ifrs-full:OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag5143" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">41,794</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_NoncontrollingShareholdersInterestChangeMember" name="ifrs-full:OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag6881" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4556%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.52381%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231_MiscellaneousOtherReservesMember" name="ifrs-full:OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag4783" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">41,794</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;">)</td>
</tr>
<tr style="height: 22px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 22px; width: 36.756%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Income and social contribution taxes on actuarial losses </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; border-bottom: 1pt solid #000000; width: 9.82143%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_ReserveOfCashFlowHedgesMember" name="ifrs-full:IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome" unitRef="BRL" id="Tag4939" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; border-bottom: 1pt solid #000000; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><ix:nonFraction contextRef="D20191231_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember" name="ifrs-full:IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome" unitRef="BRL" id="Tag4927" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; width: 1.6369%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; border-bottom: 1pt solid #000000; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_ReserveOfRemeasurementsOfDefinedBenefitPlansMember" name="ifrs-full:IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome" unitRef="BRL" id="Tag4893" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">11,784</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; border-bottom: 1pt solid #000000; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20191231_NoncontrollingShareholdersInterestChangeMember" name="ifrs-full:IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome" unitRef="BRL" id="Tag4921" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; width: 1.4556%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; border-bottom: 1pt solid #000000; width: 9.52381%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231_MiscellaneousOtherReservesMember" name="ifrs-full:IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome" unitRef="BRL" id="Tag4826" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">11,784</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; width: 1.4881%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 36.756%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2019 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.82143%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_ReserveOfCashFlowHedgesMember" name="ugp:MiscellaneousOtherReserves" unitRef="BRL" id="Tag4938" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">296,132</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember" name="ugp:MiscellaneousOtherReserves" unitRef="BRL" id="Tag4765" decimals="-3" scale="3" format="ixt:num-dot-decimal">205</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.6369%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_ReserveOfRemeasurementsOfDefinedBenefitPlansMember" name="ugp:MiscellaneousOtherReserves" unitRef="BRL" id="Tag4887" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">47,759</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231_NoncontrollingShareholdersInterestChangeMember" name="ugp:MiscellaneousOtherReserves" unitRef="BRL" id="Tag4771" decimals="-3" scale="3" format="ixt:num-dot-decimal">197,369</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4556%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.52381%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20191231_MiscellaneousOtherReservesMember" name="ugp:MiscellaneousOtherReserves" unitRef="BRL" id="Tag4917" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">146,317</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;">)</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 36.756%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Changes in fair value of financial instruments </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.82143%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_ReserveOfCashFlowHedgesMember" name="ifrs-full:OtherComprehensiveIncomeBeforeTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag4762" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">477,570</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember" name="ifrs-full:OtherComprehensiveIncomeBeforeTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag4745" decimals="-3" scale="3" format="ixt:num-dot-decimal">64</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.6369%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20201231_ReserveOfRemeasurementsOfDefinedBenefitPlansMember" name="ifrs-full:OtherComprehensiveIncomeBeforeTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag4880" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20201231_NoncontrollingShareholdersInterestChangeMember" name="ifrs-full:OtherComprehensiveIncomeBeforeTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag4680" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4556%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.52381%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_MiscellaneousOtherReservesMember" name="ifrs-full:OtherComprehensiveIncomeBeforeTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag4827" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">477,506</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 36.756%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> IRPJ and CSLL on fair value </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.82143%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_ReserveOfCashFlowHedgesMember" name="ifrs-full:IncomeTaxRelatingToFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag4753" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">164,425</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20201231_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember" name="ifrs-full:IncomeTaxRelatingToFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag4828" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.6369%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20201231_ReserveOfRemeasurementsOfDefinedBenefitPlansMember" name="ifrs-full:IncomeTaxRelatingToFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag4678" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20201231_NoncontrollingShareholdersInterestChangeMember" name="ifrs-full:IncomeTaxRelatingToFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag4675" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4556%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.52381%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_MiscellaneousOtherReservesMember" name="ifrs-full:IncomeTaxRelatingToFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag4696" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">164,425</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 36.756%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Actuarial loss of post-employment benefits </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.82143%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20201231_ReserveOfCashFlowHedgesMember" name="ifrs-full:OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag4888" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20201231_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember" name="ifrs-full:OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag4816" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.6369%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_ReserveOfRemeasurementsOfDefinedBenefitPlansMember" name="ifrs-full:OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag4683" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">7,725</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.33929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20201231_NoncontrollingShareholdersInterestChangeMember" name="ifrs-full:OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag6581" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4556%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.52381%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_MiscellaneousOtherReservesMember" name="ifrs-full:OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag5598" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">7,725</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 36.756%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Income and social contribution taxes on actuarial losses </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 9.82143%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_ReserveOfCashFlowHedgesMember" name="ifrs-full:IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome" unitRef="BRL" id="Tag4685" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20201231_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember" name="ifrs-full:IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome" unitRef="BRL" id="Tag4923" decimals="-3" scale="3" format="ixt:fixed-zero">-</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.6369%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_ReserveOfRemeasurementsOfDefinedBenefitPlansMember" name="ifrs-full:IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome" unitRef="BRL" id="Tag4892" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">2,133</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_NoncontrollingShareholdersInterestChangeMember" name="ifrs-full:IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome" unitRef="BRL" id="Tag6590" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4556%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 9.52381%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_MiscellaneousOtherReservesMember" name="ifrs-full:IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome" unitRef="BRL" id="Tag4774" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">2,133</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 36.756%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.82143%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_ReserveOfCashFlowHedgesMember" name="ugp:MiscellaneousOtherReserves" unitRef="BRL" id="Tag4755" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">609,277</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember" name="ugp:MiscellaneousOtherReserves" unitRef="BRL" id="Tag4759" decimals="-3" scale="3" format="ixt:num-dot-decimal">269</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.6369%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_ReserveOfRemeasurementsOfDefinedBenefitPlansMember" name="ugp:MiscellaneousOtherReserves" unitRef="BRL" id="Tag4830" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">53,351</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.33929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231_NoncontrollingShareholdersInterestChangeMember" name="ugp:MiscellaneousOtherReserves" unitRef="BRL" id="Tag4884" decimals="-3" scale="3" format="ixt:num-dot-decimal">197,369</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4556%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.52381%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20201231_MiscellaneousOtherReservesMember" name="ugp:MiscellaneousOtherReserves" unitRef="BRL" id="Tag1010" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">464,990</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 36.756%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Changes in fair value of financial instruments </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.82143%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_ReserveOfCashFlowHedgesMember" name="ifrs-full:OtherComprehensiveIncomeBeforeTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag4940" decimals="-3" scale="3" format="ixt:num-dot-decimal">12,036</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember" name="ifrs-full:OtherComprehensiveIncomeBeforeTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag4770" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">672</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.6369%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_ReserveOfRemeasurementsOfDefinedBenefitPlansMember" name="ifrs-full:OtherComprehensiveIncomeBeforeTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag5542" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_NoncontrollingShareholdersInterestChangeMember" name="ifrs-full:OtherComprehensiveIncomeBeforeTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag4674" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4556%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.52381%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_MiscellaneousOtherReservesMember" name="ifrs-full:OtherComprehensiveIncomeBeforeTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag4894" decimals="-3" scale="3" format="ixt:num-dot-decimal">11,364</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 36.756%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> IRPJ and CSLL on fair value </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.82143%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_ReserveOfCashFlowHedgesMember" name="ifrs-full:IncomeTaxRelatingToFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag6878" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,060</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember" name="ifrs-full:IncomeTaxRelatingToFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag4829" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.6369%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_ReserveOfRemeasurementsOfDefinedBenefitPlansMember" name="ifrs-full:IncomeTaxRelatingToFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag4889" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_NoncontrollingShareholdersInterestChangeMember" name="ifrs-full:IncomeTaxRelatingToFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag4926" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4556%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.52381%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_MiscellaneousOtherReservesMember" name="ifrs-full:IncomeTaxRelatingToFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" unitRef="BRL" id="Tag6880" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,060</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 36.756%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Actuarial gain of post-employment benefits of subsidiaries, net </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.82143%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_ReserveOfCashFlowHedgesMember" name="ifrs-full:OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag6889" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember" name="ifrs-full:OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag4684" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.6369%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_ReserveOfRemeasurementsOfDefinedBenefitPlansMember" name="ifrs-full:OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag4751" decimals="-3" scale="3" format="ixt:num-dot-decimal">49,550</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_NoncontrollingShareholdersInterestChangeMember" name="ifrs-full:OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag4746" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4556%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.52381%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_MiscellaneousOtherReservesMember" name="ifrs-full:OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" unitRef="BRL" id="Tag4883" decimals="-3" scale="3" format="ixt:num-dot-decimal">49,550</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 36.756%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> IRPJ and CSLL on actuarial gains </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; width: 9.82143%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_ReserveOfCashFlowHedgesMember" name="ifrs-full:IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome" unitRef="BRL" id="Tag4879" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember" name="ifrs-full:IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome" unitRef="BRL" id="Tag4775" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.6369%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_ReserveOfRemeasurementsOfDefinedBenefitPlansMember" name="ifrs-full:IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome" unitRef="BRL" id="Tag4744" decimals="-3" scale="3" format="ixt:num-dot-decimal">14,002</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.33929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_NoncontrollingShareholdersInterestChangeMember" name="ifrs-full:IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome" unitRef="BRL" id="Tag7797" decimals="-3" scale="3" format="ixt:fixed-zero"> - </ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4556%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; width: 9.52381%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_MiscellaneousOtherReservesMember" name="ifrs-full:IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome" unitRef="BRL" id="Tag4928" decimals="-3" scale="3" format="ixt:num-dot-decimal">14,002</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 36.756%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 9.82143%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231_ReserveOfCashFlowHedgesMember" name="ugp:MiscellaneousOtherReserves" unitRef="BRL" id="Tag4786" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">601,301</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember" name="ugp:MiscellaneousOtherReserves" unitRef="BRL" id="Tag4763" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">403</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.6369%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231_ReserveOfRemeasurementsOfDefinedBenefitPlansMember" name="ugp:MiscellaneousOtherReserves" unitRef="BRL" id="Tag6893" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">17,803</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231_NoncontrollingShareholdersInterestChangeMember" name="ugp:MiscellaneousOtherReserves" unitRef="BRL" id="Tag4698" decimals="-3" scale="3" format="ixt:num-dot-decimal">197,369</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4556%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 9.52381%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="I20211231_MiscellaneousOtherReservesMember" name="ugp:MiscellaneousOtherReserves" unitRef="BRL" id="Tag5528" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">422,138</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;">)</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</ix:nonNumeric>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">g.2 </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Cumulative </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">t</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ranslation </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">a</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">djustments</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The change in exchange rates on assets, liabilities</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> and income of foreign subsidiaries that have functional currency other than the presentation currency of the Company</span><span style="font-family: 'Times New Roman';"> and</span><span style="font-family: 'Times New Roman';"> an independent </span><span style="font-family: 'Times New Roman';">management</span><span style="font-family: 'Times New Roman';"> (see Note 2.</span><span style="font-family: 'Times New Roman';">t</span><span style="font-family: 'Times New Roman';">.1)</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and </span><span style="font-family: 'Times New Roman';">the exchange rate variation on </span><span style="font-family: 'Times New Roman';">notes </span><span style="font-family: 'Times New Roman';">i</span><span style="font-family: 'Times New Roman';">n the foreign market</span><span style="font-family: 'Times New Roman';">, net of income taxes</span><span style="font-family: 'Times New Roman';"> (see Note 33</span><span style="font-family: 'Times New Roman';">.h.3</span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';"> is directly recognized in the equity. This cumulat</span><span style="font-family: 'Times New Roman';">ive</span><span style="font-family: 'Times New Roman';"> effect is reflected in profit or loss as a gain or loss only in case of disposal or write-off of the investment.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ugp:DisclosureOfCumulativeTranslationAdjustmentsExplanatory" id="Tag6199" escape="true">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Balance and changes in </span><span style="font-family: 'Times New Roman';">cumulative translation adjustments</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">of the Company </span><span style="font-family: 'Times New Roman';">are as follows:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_QMZDPPLCGG00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto; height: 74px;" width="80%">
<tbody>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 2019 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #ffffff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Initial balance </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ifrs-full:ReserveOfExchangeDifferencesOnTranslation" unitRef="BRL" id="Tag6887" decimals="-3" scale="3" format="ixt:num-dot-decimal">231,596</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231" name="ifrs-full:ReserveOfExchangeDifferencesOnTranslation" unitRef="BRL" id="Tag4919" decimals="-3" scale="3" format="ixt:num-dot-decimal">102,427</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20181231" name="ifrs-full:ReserveOfExchangeDifferencesOnTranslation" unitRef="BRL" id="Tag4695" decimals="-3" scale="3" format="ixt:num-dot-decimal">65,857</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; width: 65%; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Currency translation adjustment of foreign subsidiaries </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 10%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationBeforeTax" unitRef="BRL" id="Tag4748" decimals="-3" scale="3" format="ixt:num-dot-decimal">97,113</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 10%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationBeforeTax" unitRef="BRL" id="Tag4757" decimals="-3" scale="3" format="ixt:num-dot-decimal">202,277</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 10px;"><br/></td>
<td style="vertical-align: top; padding: 0px; width: 1%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; width: 10%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationBeforeTax" unitRef="BRL" id="Tag4697" decimals="-3" scale="3" format="ixt:num-dot-decimal">46,330</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; width: 1%; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Effect of foreign currency exchange rate variation on financial instruments </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax" unitRef="BRL" id="Tag4916" decimals="-3" scale="3" format="ixt:num-dot-decimal">36,461</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax" unitRef="BRL" id="Tag4785" decimals="-3" scale="3" format="ixt:num-dot-decimal">110,770</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">)</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20191231" name="ifrs-full:ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax" unitRef="BRL" id="Tag4784" decimals="-3" scale="3" format="ixt:num-dot-decimal">14,788</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 10px;">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> IRPJ and CSLL on foreign currency exchange rate variation on financial instruments </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome" unitRef="BRL" id="Tag6879" decimals="-3" scale="3" format="ixt:num-dot-decimal">12,397</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome" unitRef="BRL" id="Tag44" decimals="-3" scale="3" format="ixt:num-dot-decimal">37,662</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ifrs-full:IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome" unitRef="BRL" id="Tag4825" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,028</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Final balance </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ifrs-full:ReserveOfExchangeDifferencesOnTranslation" unitRef="BRL" id="Tag4693" decimals="-3" scale="3" format="ixt:num-dot-decimal">304,645</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ifrs-full:ReserveOfExchangeDifferencesOnTranslation" unitRef="BRL" id="Tag4886" decimals="-3" scale="3" format="ixt:num-dot-decimal">231,596</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; border-bottom: 2.8pt double #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231" name="ifrs-full:ReserveOfExchangeDifferencesOnTranslation" unitRef="BRL" id="Tag6877" decimals="-3" scale="3" format="ixt:num-dot-decimal">102,427</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 10px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;</span></p>
</ix:nonNumeric>
<div>
<ix:exclude>
<div>
<div id="t_ft_S42YIY7FI800000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-106</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 0pt; text-align: justify; font-family: 'Times New Roman'; font-size: 7pt;"><span style="font-family: 'Times New Roman'; font-size: 7pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Ultrapar Participa&#231;&#245;es S.A.<span>&#160;</span></span><span style="font-family: 'Times New Roman';">and</span><span style="font-family: 'Times New Roman';"><span>&#160;</span></span><span style="font-family: 'Times New Roman';">Subsidiaries</span></span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Notes to the Consolidated Financial<span>&#160;</span></span><span style="font-family: 'Times New Roman';">Statements</span></span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">(In thousands of Brazilian Reais, unless otherwise stated)</span></p>
</ix:exclude>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="font-size: 11pt; line-height: 115%; margin: 2pt 0pt 10pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">h.</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Dividends and </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">a</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">llocation of </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">n</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">et </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">i</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ncome</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The shareholders </span><span style="font-family: 'Times New Roman';">of the Company are</span><span style="font-family: 'Times New Roman';"> entitled under the Bylaws to a minimum annual dividend of <ix:nonFraction contextRef="I20211231" name="ugp:StatutoryReserveAsPercentageOfNetIncome" unitRef="Pure" id="Tag4920" decimals="2" scale="-2" format="ixt:num-dot-decimal">50</ix:nonFraction>% of adjusted net income</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">after allocation of <ix:nonFraction contextRef="D20211231_3" name="ugp:LegalReserveAsPercentageOfNetIncome" unitRef="Pure" id="Tag4922" decimals="2" scale="-2" format="ixt:num-dot-decimal">5</ix:nonFraction>% to the legal reserve, </span><span style="font-family: 'Times New Roman';">calculated in accordance with Brazilian Corporate Law. The dividends and interest on equity </span><span style="font-family: 'Times New Roman';">in excess of</span><span style="font-family: 'Times New Roman';"> the obligation established in the Bylaws are recognized in equity until the Shareholders</span><span style="font-family: 'Times New Roman';"> approve them</span><span style="font-family: 'Times New Roman';">. </span><span style="font-family: 'Times New Roman';">The proposed </span><span style="font-family: 'Times New Roman';">dividends of&#160;2020, </span><span style="font-family: 'Times New Roman';">as of December 31, </span><span style="font-family: 'Times New Roman';">2020</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">totaled</span><span style="font-family: 'Times New Roman';"> R$ <ix:nonFraction contextRef="I20201231" name="ifrs-full:DividendsPayable" unitRef="BRL" id="Tag4918" decimals="-3" scale="3" format="ixt:num-dot-decimal">479,748</ix:nonFraction> (R$ <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:DividendsRecognisedAsDistributionsToOwnersPerShare" unitRef="BRLPerShare" id="Tag4778" decimals="2" format="ixt:num-dot-decimal">0.44</ix:nonFraction> &#8211; forty-four cents of Brazilian Real per share), were approved by the Board of Directors on February 24, 2021, and </span><span style="font-family: 'Times New Roman';">were</span><span style="font-family: 'Times New Roman';"> paid </span><span style="font-family: 'Times New Roman';">from </span><span style="font-family: 'Times New Roman';">March 12, 2021.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">On August 11, 2021, the interim dividends were approved in the amount of R$ <ix:nonFraction contextRef="D20211231_3" name="ugp:InterimDividends" unitRef="BRL" id="Tag4679" decimals="-3" scale="3" format="ixt:num-dot-decimal">218,074</ix:nonFraction> (R$ <ix:nonFraction contextRef="D20211231_3" name="ugp:InterimDividendsPerShare" unitRef="BRLPerShare" id="Tag4781" decimals="2" format="ixt:num-dot-decimal">0.20</ix:nonFraction> &#8211; twenty cents per share), paid </span><span style="font-family: 'Times New Roman';">on </span><span style="font-family: 'Times New Roman';">August, 2021.</span><span style="font-family: 'Times New Roman';">The proposed </span><span style="font-family: 'Times New Roman';">dividends payable of 2021&#160;</span><span style="font-family: 'Times New Roman';">as of December 31, 202</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">totaled</span><span style="font-family: 'Times New Roman';"> R$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="D20211231_3" name="ifrs-full:DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwners" unitRef="BRL" id="Tag4824" decimals="-3" scale="3" format="ixt:num-dot-decimal">185,896</ix:nonFraction></span><span style="font-family: 'Times New Roman';">&#160;</span><span style="font-family: 'Times New Roman';">(R$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="D20211231_3" name="ifrs-full:DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwnersPerShare" unitRef="BRLPerShare" id="Tag4691" decimals="2" format="ixt:num-dot-decimal">0.17</ix:nonFraction></span><span style="font-family: 'Times New Roman';">&#160;</span><span style="font-family: 'Times New Roman';">&#8211; </span><span style="font-family: 'Times New Roman';">seventeen</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">cents of Brazilian Real per share), were approved by the Board of Directors on February </span><span style="font-family: 'Times New Roman';">22</span><span style="font-family: 'Times New Roman';">, 202</span><span style="font-family: 'Times New Roman';">2</span><span style="font-family: 'Times New Roman';">, and </span><span style="font-family: 'Times New Roman';">will be</span><span style="font-family: 'Times New Roman';"> paid </span><span style="font-family: 'Times New Roman';">from </span><span style="font-family: 'Times New Roman';">March </span><span style="font-family: 'Times New Roman';">11</span><span style="font-family: 'Times New Roman';">, 202</span><span style="font-family: 'Times New Roman';">2 onwards</span><span style="font-family: 'Times New Roman';">.&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ugp:SummaryOfDividendsAndAllocationOfNetIncomeTableTextBlock" id="Tag133" escape="true">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The management proposal for the allocation of net income for 2021 and for distribution of dividends is as follow:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_BO7ACS4FGW00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto; height: 289px;" width="80%">
<tbody>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; width: 87%; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; text-decoration: underline;"> Allocation of net income </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; width: 12%; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Net income for the year attributable to shareholders of Ultrapar </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:ProfitLossAttributableToOwnersOfParent" unitRef="BRL" id="Tag6522" decimals="-3" scale="3" format="ixt:num-dot-decimal">850,463</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Legal reserve (<ix:nonFraction contextRef="D20211231_3" name="ugp:LegalReserveAsPercentageOfNetIncome" unitRef="Pure" id="Tag4758" decimals="2" scale="-2" format="ixt:num-dot-decimal">5</ix:nonFraction>% of the net income) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ugp:AllocationToLegalReserves" unitRef="BRL" id="Tag6894" decimals="-3" scale="3" format="ixt:num-dot-decimal">42,523</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Adjusted net income (basis for dividends) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ugp:AdjustedNetIncomeBasisForDividends" unitRef="BRL" id="Tag4772" decimals="-3" scale="3" format="ixt:num-dot-decimal">807,940</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Minimum mandatory dividends for the year (<ix:nonFraction contextRef="I20211231" name="ugp:StatutoryReserveAsPercentageOfNetIncome" unitRef="Pure" id="Tag4754" decimals="2" scale="-2" format="ixt:num-dot-decimal">50</ix:nonFraction>% of the adjusted net income) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ugp:MinimumMandatoryDividends" unitRef="BRL" id="Tag4689" decimals="-3" scale="3" format="ixt:num-dot-decimal">403,970</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total of distribution </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:DividendsRecognisedAsDistributionsToOwnersOfParentRelatingToCurrentYear" unitRef="BRL" id="Tag6883" decimals="-3" scale="3" format="ixt:num-dot-decimal">403,970</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Interim dividends (R$ <ix:nonFraction contextRef="D20211231_3" name="ugp:InterimDividendsPerShare" unitRef="BRLPerShare" id="Tag176" decimals="2" format="ixt:num-dot-decimal">0.20</ix:nonFraction> per share of the Company) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_3" name="ugp:InterimDividends" unitRef="BRL" id="Tag4779" decimals="-3" scale="3" format="ixt:num-dot-decimal">218,074</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Balance of proposed dividends (R$ <ix:nonFraction contextRef="D20211231_3" name="ugp:ProposedDividendsPerShare" unitRef="BRLPerShare" id="Tag4832" decimals="2" format="ixt:num-dot-decimal">0.17</ix:nonFraction> per share) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ugp:ProposedDividends" unitRef="BRL" id="Tag6886" decimals="-3" scale="3" format="ixt:num-dot-decimal">185,896</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Allocation of dividends </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Minimum mandatory dividends for the year (<ix:nonFraction contextRef="I20211231" name="ugp:StatutoryReserveAsPercentageOfNetIncome" unitRef="Pure" id="Tag4773" decimals="2" scale="-2" format="ixt:num-dot-decimal">50</ix:nonFraction>% of the adjusted net income) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwners" unitRef="BRL" id="Tag4875" decimals="-3" scale="3" format="ixt:num-dot-decimal">185,896</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Balance of proposed dividends (R$ <ix:nonFraction contextRef="D20211231_3" name="ugp:ProposedDividendsPerShare" unitRef="BRLPerShare" id="Tag6885" decimals="2" format="ixt:num-dot-decimal">0.17</ix:nonFraction> per share) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ugp:ProposedDividends" unitRef="BRL" id="Tag4687" decimals="-3" scale="3" format="ixt:num-dot-decimal">185,896</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; text-decoration: underline;"> Allocation of net income </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Legal reserve (5% of the net income) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ugp:AllocationToLegalReserves" unitRef="BRL" id="Tag4777" decimals="-3" scale="3" format="ixt:num-dot-decimal">42,523</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Minimum mandatory dividends for the year (<ix:nonFraction contextRef="I20211231" name="ugp:StatutoryReserveAsPercentageOfNetIncome" unitRef="Pure" id="Tag6579" decimals="2" scale="-2" format="ixt:num-dot-decimal">50</ix:nonFraction>% of the adjusted net income) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ugp:MinimumMandatoryDividends" unitRef="BRL" id="Tag4682" decimals="-3" scale="3" format="ixt:num-dot-decimal">403,970</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Statutory reserve </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ugp:AllocationOfNetIncomeToInvestmentsStatutoryReserve" unitRef="BRL" id="Tag6580" decimals="-3" scale="3" format="ixt:num-dot-decimal">403,970</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total distribution of net income for the year attributable to shareholders of Ultrapar&#160;</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ugp:AllocationOfNetIncome" unitRef="BRL" id="Tag4764" decimals="-3" scale="3" format="ixt:num-dot-decimal">850,463</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div>
<ix:exclude>
<div>
<div id="t_ft_WWZF24C8FK00000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-107</span></td>
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</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 0pt; text-align: justify; font-family: 'Times New Roman'; font-size: 7pt;"><span style="font-family: 'Times New Roman'; font-size: 7pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Ultrapar Participa&#231;&#245;es S.A.<span>&#160;</span></span><span style="font-family: 'Times New Roman';">and</span><span style="font-family: 'Times New Roman';"><span>&#160;</span></span><span style="font-family: 'Times New Roman';">Subsidiaries</span></span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Notes to the Consolidated Financial<span>&#160;</span></span><span style="font-family: 'Times New Roman';">Statements</span></span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">(In thousands of Brazilian Reais, unless otherwise stated)</span></p>
</ix:exclude>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ugp:DisclosureOfBalancesAndChangesInConsolidatedDividendsPayableExplanatory" id="Tag4714" escape="true">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Balances and changes in dividends payable are as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_4K0HTDAQE800000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto; height: 154px;" width="80%">
<tbody>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 87%; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2019 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231" name="ifrs-full:CurrentDividendPayables" unitRef="BRL" id="Tag4769" decimals="-3" scale="3" format="ixt:num-dot-decimal">16,094</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Provisions </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:DividendsPaid" unitRef="BRL" id="Tag6884" decimals="-3" scale="3" format="ixt:num-dot-decimal">710,206</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Payments </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:DividendsPaidClassifiedAsFinancingActivities" unitRef="BRL" id="Tag4767" decimals="-3" scale="3" format="ixt:num-dot-decimal">284,767</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ifrs-full:CurrentDividendPayables" unitRef="BRL" id="Tag6875" decimals="-3" scale="3" format="ixt:num-dot-decimal">442,133</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Provisions </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:DividendsPaid" unitRef="BRL" id="Tag4776" decimals="-3" scale="3" format="ixt:num-dot-decimal">478,366</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Prescribed dividends </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_3" name="ugp:UnclaimedDividendsForfeited" unitRef="BRL" id="Tag7799" decimals="-3" scale="3" format="ixt:num-dot-decimal">11,816</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Payments </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:DividendsPaidClassifiedAsFinancingActivities" unitRef="BRL" id="Tag4768" decimals="-3" scale="3" format="ixt:num-dot-decimal">705,753</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Reclassification to liabilities of subsidiaries held for sale </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_3" name="ugp:ReclassificationToLiabilitiesOfSubsidiariesHeldForSale" unitRef="BRL" id="Tag178" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">70</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ifrs-full:CurrentDividendPayables" unitRef="BRL" id="Tag4820" decimals="-3" scale="3" format="ixt:num-dot-decimal">202,860</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"><br/></td>
</tr>
</tbody>
</table>
</div>
</ix:nonNumeric>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</div><div id="Normadiv377" style="font-family: 'times new roman', times; font-size: 10pt;">
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Ultrapar Participa&#231;&#245;es S.A.<span>&#160;</span></span><span style="font-family: 'Times New Roman';">and</span><span style="font-family: 'Times New Roman';"><span>&#160;</span></span><span style="font-family: 'Times New Roman';">Subsidiaries</span></span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Notes to the Consolidated Financial<span>&#160;</span></span><span style="font-family: 'Times New Roman';">Statements</span></span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">(In thousands of Brazilian Reais, unless otherwise stated)&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:DisclosureOfExpensesByNatureExplanatory" id="Tag4643" escape="true">
<p style="margin: 0pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;"><span style="border-left: none; border-right: none;">27</span>. Costs and e</span><span style="font-family: 'Times New Roman'; font-weight: bold;">xpenses by </span><span style="font-family: 'Times New Roman'; font-weight: bold;">n</span><span style="font-family: 'Times New Roman'; font-weight: bold;">ature</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ugp:SummaryOfExpensesByNatureTableTextBlock" id="Tag4642" escape="true">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The Company presents its </span><span style="font-family: 'Times New Roman';">costs and </span><span style="font-family: 'Times New Roman';">expenses by function in the consolidated statement </span><span style="font-family: 'Times New Roman';">of profit or loss </span><span style="font-family: 'Times New Roman';">and presents below its expenses by nature:&#160; &#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_BHTRW8EFXC00000000000000000000b">
<table cellpadding="0" style="height: 0px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 84%; margin-left: auto; margin-right: auto;" width="84%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; text-align: center;"><span style="font-weight: bold; font-size: 8pt;">2021</span></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; text-align: center;"><span style="font-weight: bold; font-size: 8pt;">2020</span></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;"><br/></td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; text-align: center;"><span style="font-weight: bold; font-size: 8pt;">2019</span></td>
<td style="vertical-align: top;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #ffffff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #ffffff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #ffffff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #ffffff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Restated </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"><br/></td>
<td style="vertical-align: top; height: 17px; background-color: #ffffff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #ffffff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Restated </span></p>
</td>
<td style="vertical-align: top; background-color: #ffffff;"><br/></td>
</tr>
<tr style="height: 21px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 21px; background-color: #cceeff; width: 59%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Raw materials and materials for use and consumption </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:RawMaterialsAndConsumablesUsed" unitRef="BRL" id="Tag4659" decimals="-3" scale="3" format="ixt:num-dot-decimal">104,233,143</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:RawMaterialsAndConsumablesUsed" unitRef="BRL" id="Tag4656" decimals="-3" scale="3" format="ixt:num-dot-decimal">68,851,960</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: top; height: 21px; background-color: #cceeff; width: 1%; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 21px; background-color: #cceeff; width: 12%; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ifrs-full:RawMaterialsAndConsumablesUsed" unitRef="BRL" id="Tag4665" decimals="-3" scale="3" format="ixt:num-dot-decimal">77,218,922</ix:nonFraction>&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; width: 1%; padding: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Personnel expenses </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:EmployeeBenefitsExpense" unitRef="BRL" id="Tag4658" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,575,066</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:EmployeeBenefitsExpense" unitRef="BRL" id="Tag4638" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,414,567</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ifrs-full:EmployeeBenefitsExpense" unitRef="BRL" id="Tag4651" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,571,227</ix:nonFraction>&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Freight and storage </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ugp:FreightAndStorageExpense" unitRef="BRL" id="Tag4644" decimals="-3" scale="3" format="ixt:num-dot-decimal">899,188</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ugp:FreightAndStorageExpense" unitRef="BRL" id="Tag4654" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,073,971</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ugp:FreightAndStorageExpense" unitRef="BRL" id="Tag4662" decimals="-3" scale="3" format="ixt:num-dot-decimal">871,057</ix:nonFraction>&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Depreciation and amortization </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:DepreciationAndAmortisationExpense" unitRef="BRL" id="Tag4645" decimals="-3" scale="3" format="ixt:num-dot-decimal">653,118</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:DepreciationAndAmortisationExpense" unitRef="BRL" id="Tag4653" decimals="-3" scale="3" format="ixt:num-dot-decimal">595,531</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ifrs-full:DepreciationAndAmortisationExpense" unitRef="BRL" id="Tag4636" decimals="-3" scale="3" format="ixt:num-dot-decimal">551,768</ix:nonFraction>&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Amortization of right-of-use assets </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag4637" decimals="-3" scale="3" format="ixt:num-dot-decimal">260,716</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag4647" decimals="-3" scale="3" format="ixt:num-dot-decimal">242,670</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag2618" decimals="-3" scale="3" format="ixt:num-dot-decimal">216,609</ix:nonFraction>&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Advertising and marketing </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ugp:AdvertisingAndMarketingExpense" unitRef="BRL" id="Tag4649" decimals="-3" scale="3" format="ixt:num-dot-decimal">106,352</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ugp:AdvertisingAndMarketingExpense" unitRef="BRL" id="Tag4648" decimals="-3" scale="3" format="ixt:num-dot-decimal">143,694</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ugp:AdvertisingAndMarketingExpense" unitRef="BRL" id="Tag2613" decimals="-3" scale="3" format="ixt:num-dot-decimal">192,389</ix:nonFraction>&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Services provided by third parties </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:ServicesExpense" unitRef="BRL" id="Tag4666" decimals="-3" scale="3" format="ixt:num-dot-decimal">399,904</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:ServicesExpense" unitRef="BRL" id="Tag4641" decimals="-3" scale="3" format="ixt:num-dot-decimal">184,532</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ifrs-full:ServicesExpense" unitRef="BRL" id="Tag4655" decimals="-3" scale="3" format="ixt:num-dot-decimal">179,319</ix:nonFraction>&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Other expenses </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:OtherExpenseByNature" unitRef="BRL" id="Tag4633" decimals="-3" scale="3" format="ixt:num-dot-decimal">101,819</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:OtherExpenseByNature" unitRef="BRL" id="Tag4631" decimals="-3" scale="3" format="ixt:num-dot-decimal">139,379</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; border-bottom: 1pt solid #000000; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ifrs-full:OtherExpenseByNature" unitRef="BRL" id="Tag4660" decimals="-3" scale="3" format="ixt:num-dot-decimal">258,705</ix:nonFraction>&#160; </span></p>
</td>
<td style="vertical-align: top; border-bottom: 1pt solid #000000; padding: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:ExpenseByNature" unitRef="BRL" id="Tag4388" decimals="-3" scale="3" format="ixt:num-dot-decimal">108,229,306</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:ExpenseByNature" unitRef="BRL" id="Tag4661" decimals="-3" scale="3" format="ixt:num-dot-decimal">72,646,304</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ifrs-full:ExpenseByNature" unitRef="BRL" id="Tag4634" decimals="-3" scale="3" format="ixt:num-dot-decimal">81,059,996</ix:nonFraction>&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; border-bottom: 2.8pt double #000000; padding: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Classified as: </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Cost of products and services sold </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:CostOfSales" unitRef="BRL" id="Tag4632" decimals="-3" scale="3" format="ixt:num-dot-decimal">104,827,966</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:CostOfSales" unitRef="BRL" id="Tag4630" decimals="-3" scale="3" format="ixt:num-dot-decimal">70,056,447</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ifrs-full:CostOfSales" unitRef="BRL" id="Tag4640" decimals="-3" scale="3" format="ixt:num-dot-decimal">78,208,786</ix:nonFraction>&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Selling and marketing </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:SalesAndMarketingExpense" unitRef="BRL" id="Tag2607" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,934,789</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:SalesAndMarketingExpense" unitRef="BRL" id="Tag4650" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,595,871</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ifrs-full:SalesAndMarketingExpense" unitRef="BRL" id="Tag4639" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,631,760</ix:nonFraction>&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> General and administrative </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:GeneralAndAdministrativeExpense" unitRef="BRL" id="Tag4657" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,466,551</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:GeneralAndAdministrativeExpense" unitRef="BRL" id="Tag4635" decimals="-3" scale="3" format="ixt:num-dot-decimal">993,986</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ifrs-full:GeneralAndAdministrativeExpense" unitRef="BRL" id="Tag4663" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,219,450</ix:nonFraction>&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; border-bottom: 1pt solid #000000; padding: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:ExpenseByNature" unitRef="BRL" id="Tag4389" decimals="-3" scale="3" format="ixt:num-dot-decimal">108,229,306</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:ExpenseByNature" unitRef="BRL" id="Tag4390" decimals="-3" scale="3" format="ixt:num-dot-decimal">72,646,304</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; border-bottom: 2.8pt double #000000; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ifrs-full:ExpenseByNature" unitRef="BRL" id="Tag4664" decimals="-3" scale="3" format="ixt:num-dot-decimal">81,059,996</ix:nonFraction>&#160; </span></p>
</td>
<td style="vertical-align: top; border-bottom: 2.8pt double #000000; padding: 0px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</ix:nonNumeric>
</ix:nonNumeric>
</div><div id="Normadiv388" style="font-family: 'times new roman', times; font-size: 10pt;">
<ix:nonNumeric contextRef="D20211231_3" name="ugp:DisclosureOfGainLossOnDisposalOfPropertyPlantAndEquipmentAndIntangiblesAndImpairmentTextBlock" id="Tag4614" escape="true">
<p style="margin: 12pt 0pt 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;"><span style="border-left: none; border-right: none;">28</span>. </span><span style="font-family: 'Times New Roman'; font-weight: bold;">Gain (loss) on </span><span style="font-family: 'Times New Roman'; font-weight: bold;">d</span><span style="font-family: 'Times New Roman'; font-weight: bold;">isposal of </span><span style="font-family: 'Times New Roman'; font-weight: bold;">PP&amp;E</span><span style="font-family: 'Times New Roman'; font-weight: bold;"> and </span><span style="font-family: 'Times New Roman'; font-weight: bold;">i</span><span style="font-family: 'Times New Roman'; font-weight: bold;">ntangibles</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The </span><span style="font-family: 'Times New Roman';">gain or loss </span><span style="font-family: 'Times New Roman';">is determined as the difference between the selling price and residual book value of the investment, </span><span style="font-family: 'Times New Roman';">PP&amp;E</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">and</span><span style="font-family: 'Times New Roman';"> intangible asset. </span><span style="font-family: 'Times New Roman';">In</span><span style="font-family: 'Times New Roman';"> <span style="border-left: none; border-right: none;">2021</span> </span><span style="font-family: 'Times New Roman';">the </span><span style="font-family: 'Times New Roman';">gain</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">was R$</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="D20211231_3" name="ifrs-full:GainsLossesOnDisposalsOfNoncurrentAssets" unitRef="BRL" id="Tag7028" decimals="-3" scale="3" format="ixt:num-dot-decimal">184,189</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">(gain of R$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="D20201231_3" name="ifrs-full:GainsLossesOnDisposalsOfNoncurrentAssets" unitRef="BRL" id="Tag6024" decimals="-3" scale="3" format="ixt:num-dot-decimal">85,455</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">in</span><span style="font-family: 'Times New Roman';"> <span style="border-left: none; border-right: none;">2020</span></span><span style="font-family: 'Times New Roman';">&#160;and </span><span style="font-family: 'Times New Roman';">losses</span><span style="font-family: 'Times New Roman';"> of R$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="D20191231" name="ifrs-full:GainsLossesOnDisposalsOfNoncurrentAssets" unitRef="BRL" id="Tag4627" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,700</ix:nonFraction>&#160;</span><span style="font-family: 'Times New Roman';">in</span><span style="font-family: 'Times New Roman';"> <span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">19</span></span><span style="font-family: 'Times New Roman';">), represented primarily from </span><span style="font-family: 'Times New Roman';">sale </span><span style="font-family: 'Times New Roman';">of </span><span style="font-family: 'Times New Roman';">Conectcar</span><span style="font-family: 'Times New Roman';"> (gain of R$ <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:GainsLossesOnDisposalsOfInvestments" unitRef="BRL" id="Tag4626" decimals="-3" scale="3" format="ixt:num-dot-decimal">76,485</ix:nonFraction>) and </span><span style="font-family: 'Times New Roman';">o</span><span style="font-family: 'Times New Roman';">f PP&amp;E.&#160; &#160;</span></span></p>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<div>
<div id="t_ft_ES9GV4I1WG00000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-108</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</div><div id="Normadiv399" style="font-family: 'times new roman', times; font-size: 10pt;">
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Ultrapar Participa&#231;&#245;es S.A.<span>&#160;</span></span><span style="font-family: 'Times New Roman';">and</span><span style="font-family: 'Times New Roman';"><span>&#160;</span></span><span style="font-family: 'Times New Roman';">Subsidiaries&#160;</span></span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Notes to the Consolidated Financial<span>&#160;</span></span><span style="font-family: 'Times New Roman';">Statements</span></span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">(In thousands of Brazilian Reais, unless otherwise stated)&#160; &#160;&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:DisclosureOfOtherOperatingIncomeExpenseExplanatory" id="Tag4617" escape="true">
<p style="margin: 0pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;"><span style="border-left: none; border-right: none;">29</span></span><span style="font-family: 'Times New Roman'; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-weight: bold;">Other </span><span style="font-family: 'Times New Roman'; font-weight: bold;">o</span><span style="font-family: 'Times New Roman'; font-weight: bold;">perating </span><span style="font-family: 'Times New Roman'; font-weight: bold;">i</span><span style="font-family: 'Times New Roman'; font-weight: bold;">ncome, </span><span style="font-family: 'Times New Roman'; font-weight: bold;">n</span><span style="font-family: 'Times New Roman'; font-weight: bold;">et&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<ix:nonNumeric contextRef="D20211231_3" name="ugp:SummaryOfOtherOperatingIncomeTableTextBlock" id="Tag4668" escape="true">
<div style="border-left: none; border-right: none;">
<table cellpadding="0" style="height: 0px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 84%; margin-left: auto; margin-right: auto;" width="84%">
<tbody>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 2019 </span></p>
</td>
<td style="vertical-align: top; background-color: #ffffff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; text-align: center;"><span style="font-weight: bold; font-size: 8pt;">Re-presented</span></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; text-align: center;"><span style="color: #000000; font-family: 'times new roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Re-presented</span></td>
<td style="vertical-align: top; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Other operating income, net: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 59%; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Commercial partnerships <span style="font-size: 8pt;"><sup>(1)</sup></span></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 12%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ugp:CommercialPartnershipsIncome" unitRef="BRL" id="Tag359" decimals="-3" scale="3" format="ixt:num-dot-decimal">25,511</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 12%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ugp:CommercialPartnershipsIncome" unitRef="BRL" id="Tag4597" decimals="-3" scale="3" format="ixt:num-dot-decimal">19,469</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 10px;"><br/></td>
<td style="vertical-align: top; padding: 0px; width: 1%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; width: 12%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ugp:CommercialPartnershipsIncome" unitRef="BRL" id="Tag353" decimals="-3" scale="3" format="ixt:num-dot-decimal">40,816</ix:nonFraction>&#160;</span></p>
</td>
<td style="vertical-align: top; padding: 0px; width: 1%; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Merchandising <span style="font-size: 8pt;"><sup>(2)</sup></span></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ugp:MerchandisingIncome" unitRef="BRL" id="Tag352" decimals="-3" scale="3" format="ixt:num-dot-decimal">33,144</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ugp:MerchandisingIncome" unitRef="BRL" id="Tag4585" decimals="-3" scale="3" format="ixt:num-dot-decimal">25,703</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ugp:MerchandisingIncome" unitRef="BRL" id="Tag6913" decimals="-3" scale="3" format="ixt:num-dot-decimal">44,396</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Extraordinary tax credits <span style="font-size: 8pt;"><sup>(3)</sup></span></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ugp:ExtraordinaryTaxCreditsIncome" unitRef="BRL" id="Tag4570" decimals="-3" scale="3" format="ixt:num-dot-decimal">213,183</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ugp:ExtraordinaryTaxCreditsIncome" unitRef="BRL" id="Tag354" decimals="-3" scale="3" format="ixt:num-dot-decimal">136,561</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ugp:ExtraordinaryTaxCreditsIncome" unitRef="BRL" id="Tag4581" decimals="-3" scale="3" format="ixt:num-dot-decimal">110,090</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Property rental <span style="font-size: 8pt;"><sup>(4)</sup></span></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:RentalIncome" unitRef="BRL" id="Tag4583" decimals="-3" scale="3" format="ixt:num-dot-decimal">26,026</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:RentalIncome" unitRef="BRL" id="Tag4592" decimals="-3" scale="3" format="ixt:num-dot-decimal">24,825</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ifrs-full:RentalIncome" unitRef="BRL" id="Tag4582" decimals="-3" scale="3" format="ixt:num-dot-decimal">26,622</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Revenue from miscellaneous services (administrative, commercial and IT services) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ugp:RevenueFromMiscellaneousServices" unitRef="BRL" id="Tag4601" decimals="-3" scale="3" format="ixt:num-dot-decimal">96,742</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ugp:RevenueFromMiscellaneousServices" unitRef="BRL" id="Tag4572" decimals="-3" scale="3" format="ixt:num-dot-decimal">91,726</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ugp:RevenueFromMiscellaneousServices" unitRef="BRL" id="Tag4576" decimals="-3" scale="3" format="ixt:num-dot-decimal">97,829</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Contractual fine and gas voucher </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ugp:ContractualFineAndGasVoucherIncome" unitRef="BRL" id="Tag4584" decimals="-3" scale="3" format="ixt:num-dot-decimal">10,332</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ugp:ContractualFineAndGasVoucherIncome" unitRef="BRL" id="Tag4596" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,685</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ugp:ContractualFineAndGasVoucherIncome" unitRef="BRL" id="Tag4593" decimals="-3" scale="3" format="ixt:num-dot-decimal">15,902</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:MiscellaneousOtherOperatingIncome" unitRef="BRL" id="Tag4577" decimals="-3" scale="3" format="ixt:num-dot-decimal">40,898</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:MiscellaneousOtherOperatingIncome" unitRef="BRL" id="Tag4600" decimals="-3" scale="3" format="ixt:num-dot-decimal">13,416</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ifrs-full:MiscellaneousOtherOperatingIncome" unitRef="BRL" id="Tag4594" decimals="-3" scale="3" format="ixt:num-dot-decimal">20,580</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:OtherIncome" unitRef="BRL" id="Tag358" decimals="-3" scale="3" format="ixt:num-dot-decimal">445,836</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:OtherIncome" unitRef="BRL" id="Tag4598" decimals="-3" scale="3" format="ixt:num-dot-decimal">321,385</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ifrs-full:OtherIncome" unitRef="BRL" id="Tag4579" decimals="-3" scale="3" format="ixt:num-dot-decimal">356,235</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Other operating expenses, net: </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Property rental <span style="font-size: 8pt;"><sup>(4)</sup></span></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:RentalExpense" unitRef="BRL" id="Tag59" decimals="-3" scale="3" format="ixt:num-dot-decimal">116,744</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:RentalExpense" unitRef="BRL" id="Tag4580" decimals="-3" scale="3" format="ixt:num-dot-decimal">92,117</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">)</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;">(<span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20191231" name="ifrs-full:RentalExpense" unitRef="BRL" id="Tag360" decimals="-3" scale="3" format="ixt:num-dot-decimal">92,199</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Taxes on other operating income <span style="font-size: 8pt;"><sup>(5)&#160;</sup></span></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_3" name="ugp:TaxExpensesOnOtherOperatingIncome" unitRef="BRL" id="Tag72" decimals="-3" scale="3" format="ixt:num-dot-decimal">23,416</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_3" name="ugp:TaxExpensesOnOtherOperatingIncome" unitRef="BRL" id="Tag357" decimals="-3" scale="3" format="ixt:num-dot-decimal">24,929</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(<ix:nonFraction contextRef="D20191231" name="ugp:TaxExpensesOnOtherOperatingIncome" unitRef="BRL" id="Tag364" decimals="-3" scale="3" format="ixt:num-dot-decimal">42,533</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fines for tax infractions </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_3" name="ugp:ExpensesFromFinesForTaxInfractions" unitRef="BRL" id="Tag349" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,702</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_3" name="ugp:ExpensesFromFinesForTaxInfractions" unitRef="BRL" id="Tag6874" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,692</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(<ix:nonFraction contextRef="D20191231" name="ugp:ExpensesFromFinesForTaxInfractions" unitRef="BRL" id="Tag363" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,680</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Decarbonization obligation <span style="font-size: 8pt;"><sup>(6)</sup></span></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_3" name="ugp:ExpensesFromDecarbonizationObligation" unitRef="BRL" id="Tag350" decimals="-3" scale="3" format="ixt:num-dot-decimal">161,281</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_3" name="ugp:ExpensesFromDecarbonizationObligation" unitRef="BRL" id="Tag355" decimals="-3" scale="3" format="ixt:num-dot-decimal">124,287</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(<ix:nonFraction contextRef="D20191231" name="ugp:ExpensesFromDecarbonizationObligation" unitRef="BRL" id="Tag362" decimals="-3" scale="3" format="ixt:num-dot-decimal">65,539</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:MiscellaneousOtherOperatingExpense" unitRef="BRL" id="Tag351" decimals="-3" scale="3" format="ixt:num-dot-decimal">44,527</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:MiscellaneousOtherOperatingExpense" unitRef="BRL" id="Tag4575" decimals="-3" scale="3" format="ixt:num-dot-decimal">10,326</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(<ix:nonFraction contextRef="D20191231" name="ifrs-full:MiscellaneousOtherOperatingExpense" unitRef="BRL" id="Tag361" decimals="-3" scale="3" format="ixt:num-dot-decimal">11,255</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:OtherExpenseByFunction" unitRef="BRL" id="Tag356" decimals="-3" scale="3" format="ixt:num-dot-decimal">349,670</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:OtherExpenseByFunction" unitRef="BRL" id="Tag4571" decimals="-3" scale="3" format="ixt:num-dot-decimal">257,351</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(<ix:nonFraction contextRef="D20191231" name="ifrs-full:OtherExpenseByFunction" unitRef="BRL" id="Tag6873" decimals="-3" scale="3" format="ixt:num-dot-decimal">216,206</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Other operating income, net </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag4578" decimals="-3" scale="3" format="ixt:num-dot-decimal">96,166</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag4599" decimals="-3" scale="3" format="ixt:num-dot-decimal">64,034</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag4595" decimals="-3" scale="3" format="ixt:num-dot-decimal">140,029</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<table style="width: 100%; margin: 0px; font-family: 'times new roman'; font-size: 10pt; text-indent: 0px;">
<tbody>
<tr>
<td style="width: 2%; vertical-align: top; padding: 0px;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(</span><span>1</span><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top">
<p style="margin: 0px; color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote68"><span style="font-family: 'Times New Roman';">Refers to contracts with service providers and suppliers</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';">&#160;which establish trade agreements&#160;</span><span style="font-family: 'Times New Roman';">for</span><span style="font-family: 'Times New Roman';">&#160;convenience stores and gas stations.</span></ix:footnote><br/></p>
</td>
</tr>
<tr>
<td style="width: 2%; vertical-align: top; padding: 0px;" valign="top"><br/></td>
<td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"><br/></td>
</tr>
<tr>
<td style="width: 2%; vertical-align: top; padding: 0px;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(</span><span>2</span><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top">
<p style="margin: 0px; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote69"><span style="font-family: 'Times New Roman';">Refers to contracts with suppliers of convenience stores</span><span style="font-family: 'Times New Roman';">,&#160;</span><span style="font-family: 'Times New Roman';">which establish, among other agreements, promotional campaigns.</span></ix:footnote><br/></p>
</td>
</tr>
<tr>
<td style="width: 2%; vertical-align: top; padding: 0px;" valign="top"><br/></td>
<td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"><br/></td>
</tr>
<tr>
<td style="width: 2%; vertical-align: top; padding: 0px;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(</span><span>3</span><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote70"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Refers</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;substantially</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;to&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">PIS and COFINS&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">credits (see Note&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"><span><span style="border-left: none; border-right: none;">8</span></span></span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">.a.</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"><span><span style="border-left: none; border-right: none;">3</span></span></span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">)</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">,</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">recorded</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;in</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;<span><span style="border-left: none; border-right: none;">2021</span></span></span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">.</span></ix:footnote></td>
</tr>
<tr>
<td style="width: 2%; vertical-align: top; padding: 0px;" valign="top"><br/></td>
<td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"><br/></td>
</tr>
<tr>
<td style="width: 2%; vertical-align: top; padding: 0px;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(</span><span>4</span><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)&#160;</span></td>
<td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote71"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Refers to&#160;Ipiranga&#8217;s&#160;income and e</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">xpenses&#160;with property rentals</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;and sublease</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">, especially for establishment of&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">own&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">gas stations,</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;linked to contractual requirements for the preservation of the&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">b</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">rand.</span></ix:footnote></td>
</tr>
<tr>
<td style="width: 2%; vertical-align: top; padding: 0px;" valign="top"><br/></td>
<td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"><br/></td>
</tr>
<tr>
<td style="width: 2%; vertical-align: top; padding: 0px;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(</span><span>5</span><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote72"><span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Refers substantially to ICMS, ISS, PIS and COFINS.</span></ix:footnote></td>
</tr>
<tr>
<td style="width: 2%; vertical-align: top; padding: 0px;" valign="top"><br/></td>
<td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"><br/></td>
</tr>
<tr style="margin: 0px; text-indent: 0px;">
<td style="width: 2%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(</span><span>6</span><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote73"><span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Refers to the obligation adopted by the&#160;</span>RenovaBio<span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;to set&#160;</span>decarbonization<span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;targets for its sector.</span></ix:footnote></td>
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</ix:nonNumeric>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;</span></p>
<div>
<div style="border-left: none; border-right: none;">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt; height: 17px;">
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<td class="pgno" style="padding: 0px; text-align: center; height: 17px;"><span style="font-size: 10pt;" class="pageno">F-109</span></td>
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</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
</div><div id="Normadiv411" style="font-family: 'times new roman', times; font-size: 10pt;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Ultrapar Participa&#231;&#245;es S.A.<span>&#160;</span></span><span style="font-family: 'Times New Roman';">and</span><span style="font-family: 'Times New Roman';"><span>&#160;</span></span><span style="font-family: 'Times New Roman';">Subsidiaries</span></span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Notes to the Consolidated Financial<span>&#160;</span></span><span style="font-family: 'Times New Roman';">Statements</span></span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">(In thousands of Brazilian Reais, unless otherwise stated)&#160; &#160;&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:DisclosureOfFinanceIncomeExpenseExplanatory" id="Tag4481" escape="true">
<p style="margin: 0pt 0pt 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;"><span style="border-left: none; border-right: none;">30</span></span><span style="font-family: 'Times New Roman'; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-weight: bold;">Financ</span><span style="font-family: 'Times New Roman'; font-weight: bold;">e</span><span style="font-family: 'Times New Roman'; font-weight: bold;"> </span><span style="font-family: 'Times New Roman'; font-weight: bold;">i</span><span style="font-family: 'Times New Roman'; font-weight: bold;">ncome (Expense)</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ugp:SummaryOfFinancialIncomeExpenseTableTextBlock" id="Tag4483" escape="true">
<table cellpadding="0" style="height: 0px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 84%; margin-left: auto; margin-right: auto;" width="84%">
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 2021 </span></p>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 2020 </span></p>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; text-align: center;"><span style="font-weight: bold; font-size: 8pt;">2019</span></td>
<td style="vertical-align: top; height: 17px;"><br/></td>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; text-align: center;"><span style="font-weight: bold; font-size: 8pt;"><span style="color: #000000; font-family: 'times new roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Re-presented</span> (i)</span></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #ffffff; height: 17px; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"><span style="color: #000000; font-family: 'times new roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Re-presented</span> (i)</span></td>
<td style="vertical-align: top; background-color: #ffffff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 59%; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Finance income: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; width: 1%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; width: 12%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Interest on financial investments </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ugp:FinancialInvestmentsInterest" unitRef="BRL" id="Tag4487" decimals="-3" scale="3" format="ixt:num-dot-decimal">101,326</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ugp:FinancialInvestmentsInterest" unitRef="BRL" id="Tag4516" decimals="-3" scale="3" format="ixt:num-dot-decimal">93,667</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ugp:FinancialInvestmentsInterest" unitRef="BRL" id="Tag4506" decimals="-3" scale="3" format="ixt:num-dot-decimal">203,323</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Interest from customers </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:InterestIncomeOnLoansAndAdvancesToCustomers" unitRef="BRL" id="Tag4532" decimals="-3" scale="3" format="ixt:num-dot-decimal">109,999</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:InterestIncomeOnLoansAndAdvancesToCustomers" unitRef="BRL" id="Tag4524" decimals="-3" scale="3" format="ixt:num-dot-decimal">132,155</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ifrs-full:InterestIncomeOnLoansAndAdvancesToCustomers" unitRef="BRL" id="Tag4493" decimals="-3" scale="3" format="ixt:num-dot-decimal">126,606</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Changes in subscription warrants &#8211; indemnification (see Note 25) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ugp:ChangesInSubscriptionWarrantsIncome" unitRef="BRL" id="Tag4531" decimals="-3" scale="3" format="ixt:num-dot-decimal">33,180</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20201231_3" name="ugp:ChangesInSubscriptionWarrantsIncome" unitRef="BRL" id="Tag4497" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ugp:ChangesInSubscriptionWarrantsIncome" unitRef="BRL" id="Tag4513" xsi:nil="true"></ix:nonFraction>-</span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-size: 10pt;"> Selic interest on extraordinary PIS/COFINS credits (see Note 8.a.3) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ugp:SelicInterestOnPISAndCOFINSCredits" unitRef="BRL" id="Tag4530" decimals="-3" scale="3" format="ixt:num-dot-decimal">201,795</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ugp:SelicInterestOnPISAndCOFINSCredits" unitRef="BRL" id="Tag4490" decimals="-3" scale="3" format="ixt:num-dot-decimal">121,565</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ugp:SelicInterestOnPISAndCOFINSCredits" unitRef="BRL" id="Tag4504" decimals="-3" scale="3" format="ixt:num-dot-decimal">11,146</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Other finance income </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:OtherFinanceIncome" unitRef="BRL" id="Tag4529" decimals="-3" scale="3" format="ixt:num-dot-decimal">13,854</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:OtherFinanceIncome" unitRef="BRL" id="Tag4491" decimals="-3" scale="3" format="ixt:num-dot-decimal">10,279</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ifrs-full:OtherFinanceIncome" unitRef="BRL" id="Tag4510" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,207</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:FinanceIncome" unitRef="BRL" id="Tag4528" decimals="-3" scale="3" format="ixt:num-dot-decimal">460,154</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:FinanceIncome" unitRef="BRL" id="Tag4489" decimals="-3" scale="3" format="ixt:num-dot-decimal">357,666</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ifrs-full:FinanceIncome" unitRef="BRL" id="Tag4515" decimals="-3" scale="3" format="ixt:num-dot-decimal">344,282</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Finance expenses: </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160; &#160;</span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Interest on loans </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:InterestExpenseOnBorrowings" unitRef="BRL" id="Tag4498" decimals="-3" scale="3" format="ixt:num-dot-decimal">410,430</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:InterestExpenseOnBorrowings" unitRef="BRL" id="Tag4496" decimals="-3" scale="3" format="ixt:num-dot-decimal">337,324</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(<ix:nonFraction contextRef="D20191231" name="ifrs-full:InterestExpenseOnBorrowings" unitRef="BRL" id="Tag4500" decimals="-3" scale="3" format="ixt:num-dot-decimal">459,995</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Interest on debentures </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:InterestExpenseOnDebtInstrumentsIssued" unitRef="BRL" id="Tag4521" decimals="-3" scale="3" format="ixt:num-dot-decimal">306,539</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:InterestExpenseOnDebtInstrumentsIssued" unitRef="BRL" id="Tag4499" decimals="-3" scale="3" format="ixt:num-dot-decimal">321,656</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(<ix:nonFraction contextRef="D20191231" name="ifrs-full:InterestExpenseOnDebtInstrumentsIssued" unitRef="BRL" id="Tag4511" decimals="-3" scale="3" format="ixt:num-dot-decimal">482,238</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Interest on leases payable&#160;</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_3" name="ugp:FinanceLeasesInterest" unitRef="BRL" id="Tag4522" decimals="-3" scale="3" format="ixt:num-dot-decimal">110,878</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_3" name="ugp:FinanceLeasesInterest" unitRef="BRL" id="Tag4508" decimals="-3" scale="3" format="ixt:num-dot-decimal">109,318</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(<ix:nonFraction contextRef="D20191231" name="ugp:FinanceLeasesInterest" unitRef="BRL" id="Tag4509" decimals="-3" scale="3" format="ixt:num-dot-decimal">91,956</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Bank charges, financial transactions tax, and other charges </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:InterestExpenseOnOtherFinancialLiabilities" unitRef="BRL" id="Tag4492" decimals="-3" scale="3" format="ixt:num-dot-decimal">70,801</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:InterestExpenseOnOtherFinancialLiabilities" unitRef="BRL" id="Tag4535" decimals="-3" scale="3" format="ixt:num-dot-decimal">46,878</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(<ix:nonFraction contextRef="D20191231" name="ifrs-full:InterestExpenseOnOtherFinancialLiabilities" unitRef="BRL" id="Tag4505" decimals="-3" scale="3" format="ixt:num-dot-decimal">45,553</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">)</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Exchange variation, net of gains and losses with derivative financial instruments </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_3" name="ugp:ExchangeVariationNetOfGainsAndLossesDerivativeInstruments" unitRef="BRL" id="Tag4527" decimals="-3" scale="3" format="ixt:num-dot-decimal">239,106</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_3" name="ugp:ExchangeVariationNetOfGainsAndLossesDerivativeInstruments" unitRef="BRL" id="Tag4512" decimals="-3" scale="3" format="ixt:num-dot-decimal">58,944</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">)</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ugp:ExchangeVariationNetOfGainsAndLossesDerivativeInstruments" unitRef="BRL" id="Tag4526" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">90,372</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-size: 10pt;"> Changes in subscription warrants &#8211; indemnification (see Note 25) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="D20211231_3" name="ugp:ChangesInSubscriptionWarrants" unitRef="BRL" id="Tag4520" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_3" name="ugp:ChangesInSubscriptionWarrants" unitRef="BRL" id="Tag4523" decimals="-3" scale="3" format="ixt:num-dot-decimal">17,353</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(<ix:nonFraction contextRef="D20191231" name="ugp:ChangesInSubscriptionWarrants" unitRef="BRL" id="Tag4495" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,760</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Interest of provisions and other expenses </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:OtherFinanceCost" unitRef="BRL" id="Tag4503" decimals="-3" scale="3" format="ixt:num-dot-decimal">85,132</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:OtherFinanceCost" unitRef="BRL" id="Tag4525" decimals="-3" scale="3" format="ixt:num-dot-decimal">16,541</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(<ix:nonFraction contextRef="D20191231" name="ifrs-full:OtherFinanceCost" unitRef="BRL" id="Tag4494" decimals="-3" scale="3" format="ixt:num-dot-decimal">20,503</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:FinanceCosts" unitRef="BRL" id="Tag4519" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,222,886</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:FinanceCosts" unitRef="BRL" id="Tag4501" decimals="-3" scale="3" format="ixt:num-dot-decimal">908,014</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(<ix:nonFraction contextRef="D20191231" name="ifrs-full:FinanceCosts" unitRef="BRL" id="Tag4514" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,017,633</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">)</td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Finance income (expense) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:FinanceIncomeCost" unitRef="BRL" id="Tag4502" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">762,732</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:FinanceIncomeCost" unitRef="BRL" id="Tag4488" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">550,348</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;">)</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(<ix:nonFraction contextRef="D20191231" name="ifrs-full:FinanceIncomeCost" unitRef="BRL" id="Tag4507" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">673,351</ix:nonFraction></span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 18px;">)</td>
</tr>
</tbody>
</table>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify; padding-left: 90px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">&#160; &#160; &#160; (i)</span><span style="font-family: 'Times New Roman';"> </span><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote74"><span style="font-family: 'Times New Roman';">For further details, see Note 3.c.3.</span></ix:footnote></span></p>
</ix:nonNumeric>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div>
<div id="t_ft_QYVK2L94QO00000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-110</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</div><div id="Normadiv422" style="font-family: 'times new roman', times; font-size: 10pt;">
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'Times New Roman';">Ultrapar Participa&#231;&#245;es S.A. </span><span style="font-size: 10pt; font-family: 'Times New Roman';">and</span><span style="font-size: 10pt; font-family: 'Times New Roman';"> </span><span style="font-size: 10pt; font-family: 'Times New Roman';">Subsidiaries</span></p>
</div>
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Notes to the Consolidated Financial </span><span style="font-family: 'Times New Roman';">Statements</span><span style="font-family: 'Times New Roman';"> </span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">(In thousands of Brazilian Reais, unless otherwise stated)&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:DisclosureOfEarningsPerShareExplanatory" id="Tag6960" escape="true">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;"><span style="border-left: none; border-right: none;">31</span>. </span><span style="font-family: 'Times New Roman'; font-weight: bold;">Earnings per </span><span style="font-family: 'Times New Roman'; font-weight: bold;">s</span><span style="font-family: 'Times New Roman'; font-weight: bold;">hare</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:EarningsPerShareExplanatory" id="Tag4479" escape="true">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The table below presents a reconciliation of numerators and denominators used in computing earnings per share. The Company has a deferred stock plan</span><span style="font-family: 'Times New Roman';"> and subscription warrants </span><span style="font-family: 'Times New Roman';">&#8211;</span><span style="font-family: 'Times New Roman';"> indemnification</span><span style="font-family: 'Times New Roman';">, as mentioned in Notes </span><span style="font-family: 'Times New Roman';">9</span><span style="font-family: 'Times New Roman';">.c</span><span style="font-family: 'Times New Roman';"> and </span><span style="font-family: 'Times New Roman';">25</span><span style="font-family: 'Times New Roman';">, respectively.&#160; &#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<table cellpadding="0" style="height: 0px; border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px;" width="100%">
<tbody>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td colspan="7" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 2021 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="7" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 2020 - <span style="color: #000000; font-family: 'times new roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Re-presented</span> (ii) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #ffffff; height: 17px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="7" style="vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 17px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 2019 - <span style="color: #000000; font-family: 'times new roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Re-presented</span> (ii) </span></p>
</td>
<td style="vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 36px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 36px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 36px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Continuing operations </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 36px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 36px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 36px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt; font-weight: bold;"> Discontinued operations (i) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 36px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 36px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 36px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 36px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 36px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 36px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Continuing operations </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 36px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 36px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 36px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt; font-weight: bold;"> Discontinued operations&#160; (i) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 36px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 36px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 36px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 36px;"><br/></td>
<td style="vertical-align: top; height: 36px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1pt solid #000000; height: 36px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Continuing operations </span></p>
</td>
<td style="vertical-align: bottom; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 36px;"><br/></td>
<td style="vertical-align: bottom; height: 36px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1pt solid #000000; height: 36px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt; font-weight: bold;"> Discontinued operations&#160; (i) </span></p>
</td>
<td style="vertical-align: bottom; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 36px;"><br/></td>
<td style="vertical-align: bottom; height: 36px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1pt solid #000000; height: 36px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 8pt;">T</span><span style="font-family: 'Times New Roman'; font-size: 8pt;">otal </span></span></p>
</td>
<td style="vertical-align: bottom; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 36px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Basic earnings per share </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; width: 29%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net income for the year of the Company </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:ProfitLossFromContinuingOperationsAttributableToOrdinaryEquityHoldersOfParentEntity" unitRef="BRL" id="Tag7009" decimals="-3" scale="3" format="ixt:num-dot-decimal">785,199</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:ProfitLossFromDiscontinuedOperationsAttributableToOrdinaryEquityHoldersOfParentEntity" unitRef="BRL" id="Tag6954" decimals="-3" scale="3" format="ixt:num-dot-decimal">65,264</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" unitRef="BRL" id="Tag6990" decimals="-3" scale="3" format="ixt:num-dot-decimal">850,463</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:ProfitLossFromContinuingOperationsAttributableToOrdinaryEquityHoldersOfParentEntity" unitRef="BRL" id="Tag6988" decimals="-3" scale="3" format="ixt:num-dot-decimal">612,750</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:ProfitLossFromDiscontinuedOperationsAttributableToOrdinaryEquityHoldersOfParentEntity" unitRef="BRL" id="Tag7007" decimals="-3" scale="3" format="ixt:num-dot-decimal">280,633</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" unitRef="BRL" id="Tag6963" decimals="-3" scale="3" format="ixt:num-dot-decimal">893,383</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="vertical-align: top; height: 10px; padding: 0px; width: 1%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="height: 10px; vertical-align: bottom; text-align: right; padding: 0px; width: 6%; margin: 0px; text-indent: 0px;" valign="bottom"><ix:nonFraction contextRef="D20191231" name="ifrs-full:ProfitLossFromContinuingOperationsAttributableToOrdinaryEquityHoldersOfParentEntity" unitRef="BRL" id="Tag4396" decimals="-3" scale="3" format="ixt:num-dot-decimal">865,783</ix:nonFraction></td>
<td style="vertical-align: bottom; text-align: right; padding: 0px; width: 1%; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; width: 1%; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; width: 6%; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(<ix:nonFraction contextRef="D20191231" name="ifrs-full:ProfitLossFromDiscontinuedOperationsAttributableToOrdinaryEquityHoldersOfParentEntity" unitRef="BRL" id="Tag6982" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">492,257</ix:nonFraction></span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; width: 1%; margin: 0px; text-indent: 0px; height: 10px;">)</td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; width: 1%; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; width: 6%; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" unitRef="BRL" id="Tag7010" decimals="-3" scale="3" format="ixt:num-dot-decimal">373,526</ix:nonFraction></span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; width: 1%; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Weighted average shares outstanding (in thousands) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ugp:WeightedAverageNumberOfOrdinarySharesUsedInCalculatingBasicEarningsPerShareContinuingOperations" unitRef="Shares" id="Tag4408" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,090,500</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ugp:WeightedAverageNumberOfOrdinarySharesUsedInCalculatingBasicEarningsPerShareDiscontinuedOperations" unitRef="Shares" id="Tag6971" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,090,500</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:WeightedAverageShares" unitRef="Shares" id="Tag4395" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,090,500</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ugp:WeightedAverageNumberOfOrdinarySharesUsedInCalculatingBasicEarningsPerShareContinuingOperations" unitRef="Shares" id="Tag6976" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,089,414</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ugp:WeightedAverageNumberOfOrdinarySharesUsedInCalculatingBasicEarningsPerShareDiscontinuedOperations" unitRef="Shares" id="Tag7006" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,089,414</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:WeightedAverageShares" unitRef="Shares" id="Tag6964" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,089,414</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ugp:WeightedAverageNumberOfOrdinarySharesUsedInCalculatingBasicEarningsPerShareContinuingOperations" unitRef="Shares" id="Tag4397" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,086,485</ix:nonFraction></span></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="background-color: #cceeff; height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ugp:WeightedAverageNumberOfOrdinarySharesUsedInCalculatingBasicEarningsPerShareDiscontinuedOperations" unitRef="Shares" id="Tag4422" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,086,485</ix:nonFraction></span></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="background-color: #cceeff; height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ifrs-full:WeightedAverageShares" unitRef="Shares" id="Tag6997" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,086,485</ix:nonFraction></span></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Basic earnings per share &#8211; R$ </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:BasicEarningsLossPerShareFromContinuingOperations" unitRef="BRLPerShare" id="Tag6999" decimals="4" format="ixt:num-dot-decimal">0.7200</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:BasicEarningsLossPerShareFromDiscontinuedOperations" unitRef="BRLPerShare" id="Tag7001" decimals="4" format="ixt:num-dot-decimal">0.0598</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:BasicEarningsLossPerShare" unitRef="BRLPerShare" id="Tag6969" decimals="4" format="ixt:num-dot-decimal">0.7799</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:BasicEarningsLossPerShareFromContinuingOperations" unitRef="BRLPerShare" id="Tag6995" decimals="4" format="ixt:num-dot-decimal">0.5625</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:BasicEarningsLossPerShareFromDiscontinuedOperations" unitRef="BRLPerShare" id="Tag6987" decimals="4" format="ixt:num-dot-decimal">0.2576</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:BasicEarningsLossPerShare" unitRef="BRLPerShare" id="Tag6972" decimals="4" format="ixt:num-dot-decimal">0.8201</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ifrs-full:BasicEarningsLossPerShareFromContinuingOperations" unitRef="BRLPerShare" id="Tag6958" decimals="4" format="ixt:num-dot-decimal">0.7969</ix:nonFraction></span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(<ix:nonFraction contextRef="D20191231" name="ifrs-full:BasicEarningsLossPerShareFromDiscontinuedOperations" unitRef="BRLPerShare" id="Tag6981" decimals="4" sign="-" format="ixt:num-dot-decimal">0.4531</ix:nonFraction></span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;">)</td>
<td style="height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ifrs-full:BasicEarningsLossPerShare" unitRef="BRLPerShare" id="Tag6983" decimals="4" format="ixt:num-dot-decimal">0.3438</ix:nonFraction></span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Diluted earnings per share </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="background-color: #cceeff; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="background-color: #cceeff; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net income for the year of the Company </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:ProfitLossFromContinuingOperationsAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects" unitRef="BRL" id="Tag6961" decimals="-3" scale="3" format="ixt:num-dot-decimal">785,199</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:ProfitLossFromDiscontinuedOperationsAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects" unitRef="BRL" id="Tag4394" decimals="-3" scale="3" format="ixt:num-dot-decimal">65,264</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects" unitRef="BRL" id="Tag6970" decimals="-3" scale="3" format="ixt:num-dot-decimal">850,463</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:ProfitLossFromContinuingOperationsAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects" unitRef="BRL" id="Tag6992" decimals="-3" scale="3" format="ixt:num-dot-decimal">612,750</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:ProfitLossFromDiscontinuedOperationsAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects" unitRef="BRL" id="Tag7008" decimals="-3" scale="3" format="ixt:num-dot-decimal">280,633</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects" unitRef="BRL" id="Tag6962" decimals="-3" scale="3" format="ixt:num-dot-decimal">893,383</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="vertical-align: top; height: 10px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ifrs-full:ProfitLossFromContinuingOperationsAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects" unitRef="BRL" id="Tag6996" decimals="-3" scale="3" format="ixt:num-dot-decimal">865,783</ix:nonFraction></span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(<ix:nonFraction contextRef="D20191231" name="ifrs-full:ProfitLossFromDiscontinuedOperationsAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects" unitRef="BRL" id="Tag6974" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">492,257</ix:nonFraction></span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;">)</td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects" unitRef="BRL" id="Tag6955" decimals="-3" scale="3" format="ixt:num-dot-decimal">373,526</ix:nonFraction></span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Weighted average shares outstanding (in thousands), including dilution effects </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ugp:WeightedAverageNumberOfOrdinarySharesUsedInCalculatingDilutedEarningsPerShareContinuingOperations" unitRef="Shares" id="Tag6956" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,096,962</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20211231" name="ugp:WeightedAverageNumberOfOrdinarySharesUsedInCalculatingDilutedEarningsPerShareDiscontinuedOperations" unitRef="Shares" id="Tag6967" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,096,962</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:AdjustedWeightedAverageShares" unitRef="Shares" id="Tag6989" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,096,962</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ugp:WeightedAverageNumberOfOrdinarySharesUsedInCalculatingDilutedEarningsPerShareContinuingOperations" unitRef="Shares" id="Tag6918" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,095,842</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20201231" name="ugp:WeightedAverageNumberOfOrdinarySharesUsedInCalculatingDilutedEarningsPerShareDiscontinuedOperations" unitRef="Shares" id="Tag6965" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,095,842</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:AdjustedWeightedAverageShares" unitRef="Shares" id="Tag6959" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,095,842</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; height: 18px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; height: 18px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ugp:WeightedAverageNumberOfOrdinarySharesUsedInCalculatingDilutedEarningsPerShareContinuingOperations" unitRef="Shares" id="Tag6957" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,092,873</ix:nonFraction></span></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="background-color: #cceeff; height: 18px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; height: 18px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="I20191231" name="ugp:WeightedAverageNumberOfOrdinarySharesUsedInCalculatingDilutedEarningsPerShareDiscontinuedOperations" unitRef="Shares" id="Tag6991" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,092,873</ix:nonFraction></span></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="background-color: #cceeff; height: 18px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; height: 18px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ifrs-full:AdjustedWeightedAverageShares" unitRef="Shares" id="Tag6917" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,092,873</ix:nonFraction></span></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Diluted earnings per share &#8211; R$ </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:DilutedEarningsLossPerShareFromContinuingOperations" unitRef="BRLPerShare" id="Tag7002" decimals="4" format="ixt:num-dot-decimal">0.7158</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:DilutedEarningsLossPerShareFromDiscontinuedOperations" unitRef="BRLPerShare" id="Tag6994" decimals="4" format="ixt:num-dot-decimal">0.0595</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:DilutedEarningsLossPerShare" unitRef="BRLPerShare" id="Tag7004" decimals="4" format="ixt:num-dot-decimal">0.7753</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:DilutedEarningsLossPerShareFromContinuingOperations" unitRef="BRLPerShare" id="Tag7000" decimals="4" format="ixt:num-dot-decimal">0.5592</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:DilutedEarningsLossPerShareFromDiscontinuedOperations" unitRef="BRLPerShare" id="Tag6998" decimals="4" format="ixt:num-dot-decimal">0.2561</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:DilutedEarningsLossPerShare" unitRef="BRLPerShare" id="Tag6973" decimals="4" format="ixt:num-dot-decimal">0.8152</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ifrs-full:DilutedEarningsLossPerShareFromContinuingOperations" unitRef="BRLPerShare" id="Tag4404" decimals="4" format="ixt:num-dot-decimal">0.7922</ix:nonFraction></span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(<ix:nonFraction contextRef="D20191231" name="ifrs-full:DilutedEarningsLossPerShareFromDiscontinuedOperations" unitRef="BRLPerShare" id="Tag6978" decimals="4" sign="-" format="ixt:num-dot-decimal">0.4504</ix:nonFraction></span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;">
<p style="padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">)</p>
</td>
<td style="height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ifrs-full:DilutedEarningsLossPerShare" unitRef="BRLPerShare" id="Tag6968" decimals="4" format="ixt:num-dot-decimal">0.3418</ix:nonFraction></span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Weighted average shares outstanding (in thousands) </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="background-color: #cceeff; height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="background-color: #cceeff; height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Weighted average shares outstanding for basic per share </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:WeightedAverageShares" unitRef="Shares" id="Tag6984" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,090,500</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:WeightedAverageShares" unitRef="Shares" id="Tag7003" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,089,414</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="vertical-align: top; height: 10px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ifrs-full:WeightedAverageShares" unitRef="Shares" id="Tag4399" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,086,485</ix:nonFraction></span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Dilution effect </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="background-color: #cceeff; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="background-color: #cceeff; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160; &#160;</span></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> &#160;&#160;&#160;&#160; Subscription warrants &#8211;&#160;&#160;&#160;&#160;&#160;&#160; indemnification </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:DilutiveEffectOfConvertibleInstrumentsOnNumberOfOrdinaryShares" unitRef="Shares" id="Tag2149" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,548</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:DilutiveEffectOfConvertibleInstrumentsOnNumberOfOrdinaryShares" unitRef="Shares" id="Tag6993" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,570</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="vertical-align: top; height: 10px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ifrs-full:DilutiveEffectOfConvertibleInstrumentsOnNumberOfOrdinaryShares" unitRef="Shares" id="Tag4400" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,774</ix:nonFraction></span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160;&#160;&#160;&#160; Deferred stock plan </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares" unitRef="Shares" id="Tag6966" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,914</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares" unitRef="Shares" id="Tag4393" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,858</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="background-color: #cceeff; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="background-color: #cceeff; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ifrs-full:DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares" unitRef="Shares" id="Tag7005" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,614</ix:nonFraction></span></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Weighted average shares outstanding for diluted per share </span></p>
</td>
<td style="padding: 0px; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><br/></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom"><br/></td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom"><br/></td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:AdjustedWeightedAverageShares" unitRef="Shares" id="Tag6977" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,096,962</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom"><br/></td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom"><br/></td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom"><br/></td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:AdjustedWeightedAverageShares" unitRef="Shares" id="Tag6975" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,095,842</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom"><br/></td>
<td style="height: 10px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="border-bottom: 2.8pt double #000000; height: 10px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom"><br/></td>
<td style="height: 10px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="border-bottom: 2.8pt double #000000; height: 10px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom"><br/></td>
<td style="height: 10px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="border-bottom: 2.8pt double #000000; height: 10px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonFraction contextRef="D20191231" name="ifrs-full:AdjustedWeightedAverageShares" unitRef="Shares" id="Tag4405" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,092,873</ix:nonFraction></span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
</tr>
</tbody>
</table>
<p style="margin: 0px; break-after: avoid; break-inside: avoid; text-align: justify; text-indent: 0px;"><br/></p>
<p style="margin: 0px; break-after: avoid; break-inside: avoid; text-align: justify; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">(i) </span><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote75"><span style="font-family: 'Times New Roman';">For further details, s</span><span style="font-family: 'Times New Roman';">ee</span><span style="font-family: TimesNewRoman;"> </span><span style="font-family: TimesNewRoman;">N</span><span style="font-family: TimesNewRoman;">ot</span><span style="font-family: TimesNewRoman;">e</span><span style="font-family: TimesNewRoman;"> <span style="border-left: none; border-right: none;">3</span>.c.<span style="border-left: none; border-right: none;">2</span></span><span style="font-family: TimesNewRoman;">.</span></ix:footnote></span></p>
<p style="margin: 0px; break-after: avoid; break-inside: avoid; text-align: justify; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">(ii) </span><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote76"><span style="font-family: 'Times New Roman';">For further details, s</span><span style="font-family: 'Times New Roman';">ee</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: TimesNewRoman;">N</span><span style="font-family: TimesNewRoman;">ot</span><span style="font-family: TimesNewRoman;">e</span><span style="font-family: TimesNewRoman;"> <span style="border-left: none; border-right: none;">3</span>.c.<span style="border-left: none; border-right: none;">3</span></span><span style="font-family: TimesNewRoman;">.</span></ix:footnote></span></p>
</div>
<p style="margin: 0px; break-after: avoid; break-inside: avoid; text-align: justify; text-indent: 0px;"><br/></p>
</ix:nonNumeric>
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Earnings per share were adjusted retrospectively by the issu</span><span style="font-family: 'Times New Roman';">anc</span><span style="font-family: 'Times New Roman';">e of </span><span style="font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonFraction contextRef="I20211231_MajorOrdinaryShareTransactionsMember" name="ugp:ExerciseOfWarrantsRightsOutstanding" unitRef="Shares" id="Tag4428" decimals="0" format="ixt:num-dot-decimal">2,297,491</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> common shares due to the partial exercise of the rights conferred by the subscription warrants disclosed in note </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">25</span></span><span style="font-family: 'Times New Roman';">.&#160; &#160;</span></span></p>
</ix:nonNumeric>
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div>
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<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-111</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</div>
</div><div id="Normadiv433" style="font-family: 'times new roman', times; font-size: 10pt;">
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Ultrapar Participa&#231;&#245;es S.A. </span><span style="font-family: 'Times New Roman';">and</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Subsidiaries</span></span></p>
</div>
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Notes to the Consolidated Financial </span><span style="font-family: 'Times New Roman';">Statements</span><span style="font-family: 'Times New Roman';"> </span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">(In thousands of Brazilian Reais, unless otherwise stated)</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 7pt;"><br/></span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:DisclosureOfEntitysReportableSegmentsExplanatory" id="Tag7796" escape="true">
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-weight: bold;"><span style="font-family: 'Times New Roman';">&#160;</span><span>32. </span><span style="font-family: 'Times New Roman'; font-weight: bold;">Segment </span><span style="font-family: 'Times New Roman'; font-weight: bold;">i</span><span style="font-family: 'Times New Roman'; font-weight: bold;">nformation&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The Company operates </span><span>six</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">main business segments: gas distribution, fuel distribution, chemicals,</span><span style="font-family: 'Times New Roman';"> (presented as discontinued operations),</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">storage</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">drugstores</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">(presented as discontinued operations) </span><span style="font-family: 'Times New Roman';">and digital payments</span><span style="font-family: 'Times New Roman';">. The gas distribution segment (Ultragaz) distributes LPG to residential, commercial, and industrial consumers, especially in the South, Southeast, and Northeast regions of Brazil. The fuel distribution segment (</span><span style="font-family: 'Times New Roman';">Ipiranga</span><span style="font-family: 'Times New Roman';">) operates the distribution and marketing of gasoline, ethanol, diesel, fuel oil, kerosene, natural gas for vehicles</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> and lubricants and related activities throughout all the Brazilian territory. The storage segment (</span><span style="font-family: 'Times New Roman';">Ultracargo</span><span style="font-family: 'Times New Roman';">) operates liquid bulk terminals, especially in the Southeast and Northeast regions of Brazil</span><span style="font-family: 'Times New Roman';">. </span><span style="font-family: 'Times New Roman';">The digital payments segment (</span><span style="font-family: 'Times New Roman';">Abastece</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">a&#237;</span><span style="font-family: 'Times New Roman';">) offers digital payments services, combining the &#8220;</span><span style="font-family: 'Times New Roman';">abastece</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">a&#237;</span><span style="font-family: 'Times New Roman';">&#8221; app and the loyalty program</span><span style="font-family: 'Times New Roman';"> &#8220;Km de </span><span style="font-family: 'Times New Roman';">Vantagens</span><span style="font-family: 'Times New Roman';">&#8221;</span><span style="font-family: 'Times New Roman';">. </span><span style="font-family: 'Times New Roman';">The segments shown in the </span><span style="font-family: 'Times New Roman';">f</span><span style="font-family: 'Times New Roman';">inancial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">are strategic business units supplying different products and services. Intersegment sales are at prices </span><span style="font-family: 'Times New Roman';">similar to</span><span style="font-family: 'Times New Roman';"> those that would be charged to third parties.&#160;&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ix:exclude>
<div>
<p style="margin: 0pt; text-align: right;"><br/></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-112</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt;"><span style="font-size: 10pt;"><span style="text-align: justify; font-family: 'Times New Roman';">Ultrapar Participa&#231;&#245;es S.A. </span><span style="text-align: justify; font-family: 'Times New Roman';">and</span><span style="text-align: justify; font-family: 'Times New Roman';"> </span><span style="text-align: justify; font-family: 'Times New Roman';">Subsidiaries</span></span></p>
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Notes to the Consolidated Financial </span><span style="font-family: 'Times New Roman';">Statements</span><span style="font-family: 'Times New Roman';"> </span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">(In thousands of Brazilian Reais, unless otherwise stated)&#160;&#160;</span></p>
</div>
</ix:exclude>
</div>
<div>
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">a. Financial information related to segments&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">&#160;</span><span style="font-family: 'Times New Roman';">&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The main financial information of each of the</span><span style="font-family: 'Times New Roman';"> continuing operations</span><span style="font-family: 'Times New Roman';"> Company&#8217;s segments </span><span style="font-family: 'Times New Roman';">are</span><span style="font-family: 'Times New Roman';"> stated as follows</span><span>. For discontinued operations see note 3.c.2.&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div style="border-left: none; border-right: none; margin: 0px; text-indent: 0px;">
<div id="t_ft_NJZMTW8RI800000000000000000000b">
<table cellpadding="0" style="height: 0px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td colspan="24" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center;"><span> 2021</span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 0px;">
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Income </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Ipiranga </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;" rowspan="2"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;" rowspan="2"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Ultragaz </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;" rowspan="2"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;" rowspan="2"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Ultracargo </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;" rowspan="2"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;" rowspan="2"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-family: 'times new roman', times; font-weight: bold;"> Abastece a&#237; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;" rowspan="2"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;" rowspan="2"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Subtotal </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;" rowspan="2"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;" rowspan="2"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-family: 'times new roman', times;"><span style="font-weight: bold;">Others <sup>(1)(2)</sup></span></span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;" rowspan="2"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;" rowspan="2"><br/></td>
<td colspan="2" rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Elimination </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;" rowspan="2"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;" rowspan="2"><br/></td>
<td colspan="2" rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;" rowspan="2"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;" rowspan="2"><br/></td>
</tr>
<tr style="height: 10px;">
<td>&#160;</td>
</tr>
<tr>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 28%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Net revenue from sales and services </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_IpirangaMember_1" name="ifrs-full:Revenue" unitRef="BRL" id="Tag6766" decimals="-3" scale="3" format="ixt:num-dot-decimal">99,382,617</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_UltragazMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag5796" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,744,659</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_UltracargoMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag6523" decimals="-3" scale="3" format="ixt:num-dot-decimal">713,096</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_AbasteceAiMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag6603" decimals="-3" scale="3" format="ixt:num-dot-decimal">84,733</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_ReportableSegmentsMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag6619" decimals="-3" scale="3" format="ixt:num-dot-decimal">109,925,105</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_AllOtherSegmentsMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag6435" decimals="-3" scale="3" format="ixt:num-dot-decimal">22,452</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_EliminationOfIntersegmentAmountsMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag6646" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">214,715</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"><span style="font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:Revenue" unitRef="BRL" id="Tag5790" decimals="-3" scale="3" format="ixt:num-dot-decimal">109,732,842</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Transactions with third parties </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_IpirangaMember_1" name="ifrs-full:RevenueFromContractsWithCustomers" unitRef="BRL" id="Tag1078" decimals="-3" scale="3" format="ixt:num-dot-decimal">99,382,547</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_UltragazMember" name="ifrs-full:RevenueFromContractsWithCustomers" unitRef="BRL" id="Tag6635" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,740,657</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_UltracargoMember" name="ifrs-full:RevenueFromContractsWithCustomers" unitRef="BRL" id="Tag6736" decimals="-3" scale="3" format="ixt:num-dot-decimal">518,762</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_AbasteceAiMember" name="ifrs-full:RevenueFromContractsWithCustomers" unitRef="BRL" id="Tag5667" decimals="-3" scale="3" format="ixt:num-dot-decimal">84,733</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_ReportableSegmentsMember" name="ifrs-full:RevenueFromContractsWithCustomers" unitRef="BRL" id="Tag6683" decimals="-3" scale="3" format="ixt:num-dot-decimal">109,726,699</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_AllOtherSegmentsMember" name="ifrs-full:RevenueFromContractsWithCustomers" unitRef="BRL" id="Tag5653" decimals="-3" scale="3" format="ixt:num-dot-decimal">6,143</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:RevenueFromContractsWithCustomers" unitRef="BRL" id="Tag6454" decimals="-3" scale="3" format="ixt:num-dot-decimal">109,732,842</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Intersegment transactions </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_IpirangaMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:RevenueFromContractsWithCustomers" unitRef="BRL" id="Tag6516" decimals="-3" scale="3" format="ixt:num-dot-decimal">70</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_UltragazMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:RevenueFromContractsWithCustomers" unitRef="BRL" id="Tag6754" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,002</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_UltracargoMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:RevenueFromContractsWithCustomers" unitRef="BRL" id="Tag6458" decimals="-3" scale="3" format="ixt:num-dot-decimal">194,334</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_AbasteceAiMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:RevenueFromContractsWithCustomers" unitRef="BRL" id="Tag5654" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_ReportableSegmentsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:RevenueFromContractsWithCustomers" unitRef="BRL" id="Tag6583" decimals="-3" scale="3" format="ixt:num-dot-decimal">198,406</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_AllOtherSegmentsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:RevenueFromContractsWithCustomers" unitRef="BRL" id="Tag5729" decimals="-3" scale="3" format="ixt:num-dot-decimal">16,309</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_EliminationOfIntersegmentAmountsMember" name="ifrs-full:RevenueFromContractsWithCustomers" unitRef="BRL" id="Tag6630" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">214,715</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Cost of products and services sold </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_IpirangaMember_1" name="ifrs-full:CostOfSales" unitRef="BRL" id="Tag5797" decimals="-3" scale="3" format="ixt:num-dot-decimal">96,110,408</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_UltragazMember" name="ifrs-full:CostOfSales" unitRef="BRL" id="Tag6521" decimals="-3" scale="3" format="ixt:num-dot-decimal">8,626,340</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_UltracargoMember" name="ifrs-full:CostOfSales" unitRef="BRL" id="Tag6784" decimals="-3" scale="3" format="ixt:num-dot-decimal">285,406</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_AbasteceAiMember" name="ifrs-full:CostOfSales" unitRef="BRL" id="Tag6668" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_ReportableSegmentsMember" name="ifrs-full:CostOfSales" unitRef="BRL" id="Tag6757" decimals="-3" scale="3" format="ixt:num-dot-decimal">105,022,154</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_AllOtherSegmentsMember" name="ifrs-full:CostOfSales" unitRef="BRL" id="Tag6722" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">70</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_EliminationOfIntersegmentAmountsMember" name="ifrs-full:CostOfSales" unitRef="BRL" id="Tag2575" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">194,118</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:CostOfSales" unitRef="BRL" id="Tag6518" decimals="-3" scale="3" format="ixt:num-dot-decimal">104,827,966</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Gross profit&#160;</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_IpirangaMember_1" name="ifrs-full:GrossProfit" unitRef="BRL" id="Tag6759" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,272,209</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_UltragazMember" name="ifrs-full:GrossProfit" unitRef="BRL" id="Tag2578" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,118,319</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_UltracargoMember" name="ifrs-full:GrossProfit" unitRef="BRL" id="Tag5650" decimals="-3" scale="3" format="ixt:num-dot-decimal">427,690</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_AbasteceAiMember" name="ifrs-full:GrossProfit" unitRef="BRL" id="Tag5615" decimals="-3" scale="3" format="ixt:num-dot-decimal">84,733</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_ReportableSegmentsMember" name="ifrs-full:GrossProfit" unitRef="BRL" id="Tag6532" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,902,951</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_AllOtherSegmentsMember" name="ifrs-full:GrossProfit" unitRef="BRL" id="Tag2600" decimals="-3" scale="3" format="ixt:num-dot-decimal">22,522</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_EliminationOfIntersegmentAmountsMember" name="ifrs-full:GrossProfit" unitRef="BRL" id="Tag6494" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">20,597</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><span style="font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:GrossProfit" unitRef="BRL" id="Tag5739" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,904,876</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Operating income (expenses) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Selling and marketing </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_IpirangaMember_1" name="ifrs-full:SalesAndMarketingExpense" unitRef="BRL" id="Tag5712" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,409,350</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_UltragazMember" name="ifrs-full:SalesAndMarketingExpense" unitRef="BRL" id="Tag6501" decimals="-3" scale="3" format="ixt:num-dot-decimal">438,697</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_UltracargoMember" name="ifrs-full:SalesAndMarketingExpense" unitRef="BRL" id="Tag6716" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,213</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_AbasteceAiMember" name="ifrs-full:SalesAndMarketingExpense" unitRef="BRL" id="Tag6586" decimals="-3" scale="3" format="ixt:num-dot-decimal">71,345</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_ReportableSegmentsMember" name="ifrs-full:SalesAndMarketingExpense" unitRef="BRL" id="Tag5715" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,928,605</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_AllOtherSegmentsMember" name="ifrs-full:SalesAndMarketingExpense" unitRef="BRL" id="Tag6695" decimals="-3" scale="3" format="ixt:num-dot-decimal">6,184</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_EliminationOfIntersegmentAmountsMember" name="ifrs-full:SalesAndMarketingExpense" unitRef="BRL" id="Tag6513" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:SalesAndMarketingExpense" unitRef="BRL" id="Tag6669" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,934,789</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Loss allowance (reversion) for expected credit losses </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_IpirangaMember_1" name="ifrs-full:ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables" unitRef="BRL" id="Tag6637" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">23,536</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_UltragazMember" name="ifrs-full:ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables" unitRef="BRL" id="Tag5740" decimals="-3" scale="3" format="ixt:num-dot-decimal">20,482</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_UltracargoMember" name="ifrs-full:ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables" unitRef="BRL" id="Tag6564" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">69</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_AbasteceAiMember" name="ifrs-full:ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables" unitRef="BRL" id="Tag6556" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_ReportableSegmentsMember" name="ifrs-full:ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables" unitRef="BRL" id="Tag5717" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">3,123</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_AllOtherSegmentsMember" name="ifrs-full:ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables" unitRef="BRL" id="Tag6562" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_EliminationOfIntersegmentAmountsMember" name="ifrs-full:ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables" unitRef="BRL" id="Tag6600" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables" unitRef="BRL" id="Tag6658" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">3,123</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> General and administrative </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_IpirangaMember_1" name="ifrs-full:GeneralAndAdministrativeExpense" unitRef="BRL" id="Tag6544" decimals="-3" scale="3" format="ixt:num-dot-decimal">846,441</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_UltragazMember" name="ifrs-full:GeneralAndAdministrativeExpense" unitRef="BRL" id="Tag6519" decimals="-3" scale="3" format="ixt:num-dot-decimal">202,002</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_UltracargoMember" name="ifrs-full:GeneralAndAdministrativeExpense" unitRef="BRL" id="Tag6633" decimals="-3" scale="3" format="ixt:num-dot-decimal">127,117</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_AbasteceAiMember" name="ifrs-full:GeneralAndAdministrativeExpense" unitRef="BRL" id="Tag5800" decimals="-3" scale="3" format="ixt:num-dot-decimal">113,544</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_ReportableSegmentsMember" name="ifrs-full:GeneralAndAdministrativeExpense" unitRef="BRL" id="Tag5656" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,289,104</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_AllOtherSegmentsMember" name="ifrs-full:GeneralAndAdministrativeExpense" unitRef="BRL" id="Tag6714" decimals="-3" scale="3" format="ixt:num-dot-decimal">198,044</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_EliminationOfIntersegmentAmountsMember" name="ifrs-full:GeneralAndAdministrativeExpense" unitRef="BRL" id="Tag6626" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">20,597</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:GeneralAndAdministrativeExpense" unitRef="BRL" id="Tag5805" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,466,551</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Gain (loss) on disposal of property, plant and equipment and intangibles </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_IpirangaMember_1" name="ifrs-full:GainsLossesOnDisposalsOfNoncurrentAssets" unitRef="BRL" id="Tag6409" decimals="-3" scale="3" format="ixt:num-dot-decimal">183,862</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_UltragazMember" name="ifrs-full:GainsLossesOnDisposalsOfNoncurrentAssets" unitRef="BRL" id="Tag6588" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,138</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_UltracargoMember" name="ifrs-full:GainsLossesOnDisposalsOfNoncurrentAssets" unitRef="BRL" id="Tag6741" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,754</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_AbasteceAiMember" name="ifrs-full:GainsLossesOnDisposalsOfNoncurrentAssets" unitRef="BRL" id="Tag5704" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">9</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_ReportableSegmentsMember" name="ifrs-full:GainsLossesOnDisposalsOfNoncurrentAssets" unitRef="BRL" id="Tag5614" decimals="-3" scale="3" format="ixt:num-dot-decimal">184,237</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_AllOtherSegmentsMember" name="ifrs-full:GainsLossesOnDisposalsOfNoncurrentAssets" unitRef="BRL" id="Tag6638" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">48</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_EliminationOfIntersegmentAmountsMember" name="ifrs-full:GainsLossesOnDisposalsOfNoncurrentAssets" unitRef="BRL" id="Tag6615" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:GainsLossesOnDisposalsOfNoncurrentAssets" unitRef="BRL" id="Tag6639" decimals="-3" scale="3" format="ixt:num-dot-decimal">184,189</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Other operating income, net </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_IpirangaMember_1" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag6717" decimals="-3" scale="3" format="ixt:num-dot-decimal">74,574</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_UltragazMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag6663" decimals="-3" scale="3" format="ixt:num-dot-decimal">10,976</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_UltracargoMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag6423" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,876</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_AbasteceAiMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag6474" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,159</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_ReportableSegmentsMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag6622" decimals="-3" scale="3" format="ixt:num-dot-decimal">94,585</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_AllOtherSegmentsMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag6561" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,581</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_EliminationOfIntersegmentAmountsMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag6733" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag6789" decimals="-3" scale="3" format="ixt:num-dot-decimal">96,166</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Operating income (loss) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_IpirangaMember_1" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates" unitRef="BRL" id="Tag5768" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,298,390</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_UltragazMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates" unitRef="BRL" id="Tag5672" decimals="-3" scale="3" format="ixt:num-dot-decimal">470,252</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_UltracargoMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates" unitRef="BRL" id="Tag6538" decimals="-3" scale="3" format="ixt:num-dot-decimal">293,551</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_AbasteceAiMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates" unitRef="BRL" id="Tag6728" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">95,006</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><span style="font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_ReportableSegmentsMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates" unitRef="BRL" id="Tag6665" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,967,187</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_AllOtherSegmentsMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates" unitRef="BRL" id="Tag6607" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">180,173</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><span style="font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_EliminationOfIntersegmentAmountsMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates" unitRef="BRL" id="Tag6761" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates" unitRef="BRL" id="Tag1081" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,787,014</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Share of profit (loss) of subsidiaries, joint ventures and associates </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_IpirangaMember_1" name="ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag6691" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">859</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_UltragazMember" name="ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag6640" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">104</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_UltracargoMember" name="ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag6433" decimals="-3" scale="3" format="ixt:num-dot-decimal">602</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_AbasteceAiMember" name="ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag5686" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_ReportableSegmentsMember" name="ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag6448" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">361</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_AllOtherSegmentsMember" name="ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag5723" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">17,273</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_EliminationOfIntersegmentAmountsMember" name="ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag6762" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag6644" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">17,634</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Operating income before finance income (expenses) and income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_IpirangaMember_1" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag6573" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,297,531</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_UltragazMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag6593" decimals="-3" scale="3" format="ixt:num-dot-decimal">470,148</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_UltracargoMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag6542" decimals="-3" scale="3" format="ixt:num-dot-decimal">294,153</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_AbasteceAiMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag6567" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">95,006</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><span style="font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_ReportableSegmentsMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag5788" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,966,826</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_AllOtherSegmentsMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag6627" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">197,446</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><span style="font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_EliminationOfIntersegmentAmountsMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag5714" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag6461" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,769,380</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Depreciation of PP&amp;E and amortization of intangible assets charges </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_IpirangaMember_1" name="ifrs-full:DepreciationAndAmortisationExpense" unitRef="BRL" id="Tag5809" decimals="-3" scale="3" format="ixt:num-dot-decimal">325,942</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_UltragazMember" name="ifrs-full:DepreciationAndAmortisationExpense" unitRef="BRL" id="Tag6467" decimals="-3" scale="3" format="ixt:num-dot-decimal">211,014</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_UltracargoMember" name="ifrs-full:DepreciationAndAmortisationExpense" unitRef="BRL" id="Tag6417" decimals="-3" scale="3" format="ixt:num-dot-decimal">76,421</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_AbasteceAiMember" name="ifrs-full:DepreciationAndAmortisationExpense" unitRef="BRL" id="Tag6469" decimals="-3" scale="3" format="ixt:num-dot-decimal">14,365</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_ReportableSegmentsMember" name="ifrs-full:DepreciationAndAmortisationExpense" unitRef="BRL" id="Tag6419" decimals="-3" scale="3" format="ixt:num-dot-decimal">627,742</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_AllOtherSegmentsMember" name="ifrs-full:DepreciationAndAmortisationExpense" unitRef="BRL" id="Tag6575" decimals="-3" scale="3" format="ixt:num-dot-decimal">25,376</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_EliminationOfIntersegmentAmountsMember" name="ifrs-full:DepreciationAndAmortisationExpense" unitRef="BRL" id="Tag6727" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:DepreciationAndAmortisationExpense" unitRef="BRL" id="Tag6499" decimals="-3" scale="3" format="ixt:num-dot-decimal">653,118</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Amortization of contractual assets with customers &#8211; exclusive rights </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_IpirangaMember_1" name="ifrs-full:AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers" unitRef="BRL" id="Tag5713" decimals="-3" scale="3" format="ixt:num-dot-decimal">280,975</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_UltragazMember" name="ifrs-full:AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers" unitRef="BRL" id="Tag5706" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,546</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_UltracargoMember" name="ifrs-full:AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers" unitRef="BRL" id="Tag6742" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_AbasteceAiMember" name="ifrs-full:AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers" unitRef="BRL" id="Tag5747" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_ReportableSegmentsMember" name="ifrs-full:AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers" unitRef="BRL" id="Tag6571" decimals="-3" scale="3" format="ixt:num-dot-decimal">282,521</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_AllOtherSegmentsMember" name="ifrs-full:AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers" unitRef="BRL" id="Tag5730" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_EliminationOfIntersegmentAmountsMember" name="ifrs-full:AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers" unitRef="BRL" id="Tag6574" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers" unitRef="BRL" id="Tag6402" decimals="-3" scale="3" format="ixt:num-dot-decimal">282,521</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Amortization of right-of-use assets </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_IpirangaMember_1" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag5784" decimals="-3" scale="3" format="ixt:num-dot-decimal">182,245</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_UltragazMember" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag6679" decimals="-3" scale="3" format="ixt:num-dot-decimal">46,579</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_UltracargoMember" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag5762" decimals="-3" scale="3" format="ixt:num-dot-decimal">25,440</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_AbasteceAiMember" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag5626" decimals="-3" scale="3" format="ixt:num-dot-decimal">267</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_ReportableSegmentsMember" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag5705" decimals="-3" scale="3" format="ixt:num-dot-decimal">254,531</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_AllOtherSegmentsMember" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag5722" decimals="-3" scale="3" format="ixt:num-dot-decimal">6,185</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_EliminationOfIntersegmentAmountsMember" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag6550" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag5794" decimals="-3" scale="3" format="ixt:num-dot-decimal">260,716</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total of depreciation and amortization </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_IpirangaMember_1" name="ifrs-full:DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" unitRef="BRL" id="Tag6601" decimals="-3" scale="3" format="ixt:num-dot-decimal">789,162</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_UltragazMember" name="ifrs-full:DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" unitRef="BRL" id="Tag6730" decimals="-3" scale="3" format="ixt:num-dot-decimal">259,139</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_UltracargoMember" name="ifrs-full:DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" unitRef="BRL" id="Tag6464" decimals="-3" scale="3" format="ixt:num-dot-decimal">101,861</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_AbasteceAiMember" name="ifrs-full:DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" unitRef="BRL" id="Tag6570" decimals="-3" scale="3" format="ixt:num-dot-decimal">14,632</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_ReportableSegmentsMember" name="ifrs-full:DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" unitRef="BRL" id="Tag5770" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,164,794</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_AllOtherSegmentsMember" name="ifrs-full:DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" unitRef="BRL" id="Tag6438" decimals="-3" scale="3" format="ixt:num-dot-decimal">31,561</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_EliminationOfIntersegmentAmountsMember" name="ifrs-full:DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" unitRef="BRL" id="Tag5758" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" unitRef="BRL" id="Tag6424" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,196,355</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<ix:exclude><br/>
<div>
<div style="border-left: none; border-right: none;">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-113</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 0px; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"><br/></p>
<p style="margin: 0px; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"><span style="font-size: 10pt;"><span style="text-align: justify; font-family: 'Times New Roman';">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A.<span>&#160;</span></span><span style="text-align: justify; font-family: 'Times New Roman';">and</span><span style="text-align: justify; font-family: 'Times New Roman';"><span>&#160;</span></span><span style="text-align: justify; font-family: 'Times New Roman';">Subsidiaries</span></span><br/></p>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Notes to the Consolidated Financial<span>&#160;</span></span><span style="font-family: 'Times New Roman';">Statements</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></p>
</div>
</ix:exclude>
</div>
<div style="border-left: none; border-right: none; margin: 0px; text-indent: 0px;"><br/></div>
<div style="border-left: none; border-right: none;">
<div id="t_ft_58SEPP7TTS00000000000000000000b">
<table cellpadding="0" style="height: 329px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td colspan="26" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center;"><span> 2020 - <span style="color: #000000; font-family: 'times new roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Re-presented</span></span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 0px;">
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Income </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Ipiranga </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;" rowspan="2"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;" rowspan="2"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Ultragaz </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;" rowspan="2"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;" rowspan="2"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Ultracargo </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;" rowspan="2"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;" rowspan="2"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-family: 'times new roman', times; font-weight: bold;"> Abastece a&#237; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;" rowspan="2"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;" rowspan="2"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Subtotal Segments </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;" rowspan="2"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;" rowspan="2"><br/></td>
<td colspan="2" rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-family: 'times new roman', times; font-weight: bold;">Others <sup>(1)(2)</sup></span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;" rowspan="2"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;" rowspan="2"><br/></td>
<td colspan="2" rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Elimination </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;" rowspan="2"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;" rowspan="2"><br/></td>
<td colspan="3" rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;" rowspan="2"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;" rowspan="2"><br/></td>
</tr>
<tr style="height: 10px;">
<td>&#160;</td>
</tr>
<tr>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 28%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Net revenue from sales and services </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_IpirangaMember_1" name="ifrs-full:Revenue" unitRef="BRL" id="Tag6440" decimals="-3" scale="3" format="ixt:num-dot-decimal">66,133,035</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_UltragazMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag6684" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,408,342</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_UltracargoMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag6548" decimals="-3" scale="3" format="ixt:num-dot-decimal">644,177</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_AbasteceAiMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag6591" decimals="-3" scale="3" format="ixt:num-dot-decimal">17,223</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_ReportableSegmentsMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag5708" decimals="-3" scale="3" format="ixt:num-dot-decimal">74,202,777</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_AllOtherSegmentsMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag5680" decimals="-3" scale="3" format="ixt:num-dot-decimal">48,325</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_EliminationOfIntersegmentAmountsMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag5767" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">193,046</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><span style="font-size: 10pt; font-family: 'times new roman', times; font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td colspan="3" style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:Revenue" unitRef="BRL" id="Tag5638" decimals="-3" scale="3" format="ixt:num-dot-decimal">74,058,056</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Transactions with third parties </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_IpirangaMember_1" name="ifrs-full:RevenueFromContractsWithCustomers" unitRef="BRL" id="Tag5810" decimals="-3" scale="3" format="ixt:num-dot-decimal">66,132,828</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_UltragazMember" name="ifrs-full:RevenueFromContractsWithCustomers" unitRef="BRL" id="Tag5649" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,403,632</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_UltracargoMember" name="ifrs-full:RevenueFromContractsWithCustomers" unitRef="BRL" id="Tag6486" decimals="-3" scale="3" format="ixt:num-dot-decimal">504,725</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_AbasteceAiMember" name="ifrs-full:RevenueFromContractsWithCustomers" unitRef="BRL" id="Tag5721" decimals="-3" scale="3" format="ixt:num-dot-decimal">17,223</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_ReportableSegmentsMember" name="ifrs-full:RevenueFromContractsWithCustomers" unitRef="BRL" id="Tag6767" decimals="-3" scale="3" format="ixt:num-dot-decimal">74,058,408</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_AllOtherSegmentsMember" name="ifrs-full:RevenueFromContractsWithCustomers" unitRef="BRL" id="Tag6510" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">352</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td colspan="3" style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:RevenueFromContractsWithCustomers" unitRef="BRL" id="Tag5647" decimals="-3" scale="3" format="ixt:num-dot-decimal">74,058,056</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Intersegment transactions </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_IpirangaMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:RevenueFromContractsWithCustomers" unitRef="BRL" id="Tag6415" decimals="-3" scale="3" format="ixt:num-dot-decimal">207</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_UltragazMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:RevenueFromContractsWithCustomers" unitRef="BRL" id="Tag6408" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,710</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_UltracargoMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:RevenueFromContractsWithCustomers" unitRef="BRL" id="Tag6598" decimals="-3" scale="3" format="ixt:num-dot-decimal">139,452</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20201231_AbasteceAiMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:RevenueFromContractsWithCustomers" unitRef="BRL" id="Tag5738" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_ReportableSegmentsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:RevenueFromContractsWithCustomers" unitRef="BRL" id="Tag5733" decimals="-3" scale="3" format="ixt:num-dot-decimal">144,369</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_AllOtherSegmentsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:RevenueFromContractsWithCustomers" unitRef="BRL" id="Tag6685" decimals="-3" scale="3" format="ixt:num-dot-decimal">48,677</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_EliminationOfIntersegmentAmountsMember" name="ifrs-full:RevenueFromContractsWithCustomers" unitRef="BRL" id="Tag6471" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">193,046</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td colspan="3" style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Cost of products and services sold </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_IpirangaMember_1" name="ifrs-full:CostOfSales" unitRef="BRL" id="Tag6437" decimals="-3" scale="3" format="ixt:num-dot-decimal">63,609,871</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_UltragazMember" name="ifrs-full:CostOfSales" unitRef="BRL" id="Tag5724" decimals="-3" scale="3" format="ixt:num-dot-decimal">6,310,157</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_UltracargoMember" name="ifrs-full:CostOfSales" unitRef="BRL" id="Tag6505" decimals="-3" scale="3" format="ixt:num-dot-decimal">270,010</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20201231_AbasteceAiMember" name="ifrs-full:CostOfSales" unitRef="BRL" id="Tag6526" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_ReportableSegmentsMember" name="ifrs-full:CostOfSales" unitRef="BRL" id="Tag6649" decimals="-3" scale="3" format="ixt:num-dot-decimal">70,190,038</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_AllOtherSegmentsMember" name="ifrs-full:CostOfSales" unitRef="BRL" id="Tag6485" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">207</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_EliminationOfIntersegmentAmountsMember" name="ifrs-full:CostOfSales" unitRef="BRL" id="Tag6482" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">133,384</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td colspan="3" style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:CostOfSales" unitRef="BRL" id="Tag6503" decimals="-3" scale="3" format="ixt:num-dot-decimal">70,056,447</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Gross profit </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_IpirangaMember_1" name="ifrs-full:GrossProfit" unitRef="BRL" id="Tag6781" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,523,164</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_UltragazMember" name="ifrs-full:GrossProfit" unitRef="BRL" id="Tag6688" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,098,185</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_UltracargoMember" name="ifrs-full:GrossProfit" unitRef="BRL" id="Tag6774" decimals="-3" scale="3" format="ixt:num-dot-decimal">374,167</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_AbasteceAiMember" name="ifrs-full:GrossProfit" unitRef="BRL" id="Tag6659" decimals="-3" scale="3" format="ixt:num-dot-decimal">17,223</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_ReportableSegmentsMember" name="ifrs-full:GrossProfit" unitRef="BRL" id="Tag5684" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,012,739</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_AllOtherSegmentsMember" name="ifrs-full:GrossProfit" unitRef="BRL" id="Tag6620" decimals="-3" scale="3" format="ixt:num-dot-decimal">48,532</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_EliminationOfIntersegmentAmountsMember" name="ifrs-full:GrossProfit" unitRef="BRL" id="Tag6477" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">59,662</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><span style="font-size: 10pt; font-family: 'times new roman', times; font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td colspan="3" style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:GrossProfit" unitRef="BRL" id="Tag6707" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,001,609</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Operating income (expenses) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td colspan="3" style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Selling and marketing </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_IpirangaMember_1" name="ifrs-full:SalesAndMarketingExpense" unitRef="BRL" id="Tag5616" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,164,779</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_UltragazMember" name="ifrs-full:SalesAndMarketingExpense" unitRef="BRL" id="Tag6718" decimals="-3" scale="3" format="ixt:num-dot-decimal">404,776</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_UltracargoMember" name="ifrs-full:SalesAndMarketingExpense" unitRef="BRL" id="Tag5766" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,278</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_AbasteceAiMember" name="ifrs-full:SalesAndMarketingExpense" unitRef="BRL" id="Tag5670" decimals="-3" scale="3" format="ixt:num-dot-decimal">13,945</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_ReportableSegmentsMember" name="ifrs-full:SalesAndMarketingExpense" unitRef="BRL" id="Tag6675" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,590,778</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_AllOtherSegmentsMember" name="ifrs-full:SalesAndMarketingExpense" unitRef="BRL" id="Tag6487" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,093</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20201231_EliminationOfIntersegmentAmountsMember" name="ifrs-full:SalesAndMarketingExpense" unitRef="BRL" id="Tag6455" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td colspan="3" style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:SalesAndMarketingExpense" unitRef="BRL" id="Tag6406" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,595,871</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Loss allowance (reversion) for expected credit losses </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_IpirangaMember_1" name="ifrs-full:ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables" unitRef="BRL" id="Tag6775" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">2,863</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_UltragazMember" name="ifrs-full:ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables" unitRef="BRL" id="Tag6475" decimals="-3" scale="3" format="ixt:num-dot-decimal">18,514</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_UltracargoMember" name="ifrs-full:ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables" unitRef="BRL" id="Tag5682" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">370</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20201231_AbasteceAiMember" name="ifrs-full:ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables" unitRef="BRL" id="Tag6404" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_ReportableSegmentsMember" name="ifrs-full:ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables" unitRef="BRL" id="Tag6726" decimals="-3" scale="3" format="ixt:num-dot-decimal">15,281</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20201231_AllOtherSegmentsMember" name="ifrs-full:ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables" unitRef="BRL" id="Tag6517" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20201231_EliminationOfIntersegmentAmountsMember" name="ifrs-full:ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables" unitRef="BRL" id="Tag6535" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td colspan="3" style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables" unitRef="BRL" id="Tag6466" decimals="-3" scale="3" format="ixt:num-dot-decimal">15,281</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> General and administrative </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_IpirangaMember_1" name="ifrs-full:GeneralAndAdministrativeExpense" unitRef="BRL" id="Tag6443" decimals="-3" scale="3" format="ixt:num-dot-decimal">568,963</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_UltragazMember" name="ifrs-full:GeneralAndAdministrativeExpense" unitRef="BRL" id="Tag6577" decimals="-3" scale="3" format="ixt:num-dot-decimal">196,883</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_UltracargoMember" name="ifrs-full:GeneralAndAdministrativeExpense" unitRef="BRL" id="Tag6751" decimals="-3" scale="3" format="ixt:num-dot-decimal">122,965</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_AbasteceAiMember" name="ifrs-full:GeneralAndAdministrativeExpense" unitRef="BRL" id="Tag5807" decimals="-3" scale="3" format="ixt:num-dot-decimal">33,164</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_ReportableSegmentsMember" name="ifrs-full:GeneralAndAdministrativeExpense" unitRef="BRL" id="Tag6782" decimals="-3" scale="3" format="ixt:num-dot-decimal">921,975</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_AllOtherSegmentsMember" name="ifrs-full:GeneralAndAdministrativeExpense" unitRef="BRL" id="Tag5774" decimals="-3" scale="3" format="ixt:num-dot-decimal">131,673</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_EliminationOfIntersegmentAmountsMember" name="ifrs-full:GeneralAndAdministrativeExpense" unitRef="BRL" id="Tag6667" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">59,662</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td colspan="3" style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:GeneralAndAdministrativeExpense" unitRef="BRL" id="Tag6491" decimals="-3" scale="3" format="ixt:num-dot-decimal">993,986</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Gain (loss) on disposal of property, plant and equipment and intangibles </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_IpirangaMember_1" name="ifrs-full:GainsLossesOnDisposalsOfNoncurrentAssets" unitRef="BRL" id="Tag6790" decimals="-3" scale="3" format="ixt:num-dot-decimal">78,952</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_UltragazMember" name="ifrs-full:GainsLossesOnDisposalsOfNoncurrentAssets" unitRef="BRL" id="Tag6497" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,936</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_UltracargoMember" name="ifrs-full:GainsLossesOnDisposalsOfNoncurrentAssets" unitRef="BRL" id="Tag6604" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,433</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20201231_AbasteceAiMember" name="ifrs-full:GainsLossesOnDisposalsOfNoncurrentAssets" unitRef="BRL" id="Tag6642" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_ReportableSegmentsMember" name="ifrs-full:GainsLossesOnDisposalsOfNoncurrentAssets" unitRef="BRL" id="Tag5658" decimals="-3" scale="3" format="ixt:num-dot-decimal">85,455</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20201231_AllOtherSegmentsMember" name="ifrs-full:GainsLossesOnDisposalsOfNoncurrentAssets" unitRef="BRL" id="Tag5745" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20201231_EliminationOfIntersegmentAmountsMember" name="ifrs-full:GainsLossesOnDisposalsOfNoncurrentAssets" unitRef="BRL" id="Tag6547" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td colspan="3" style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:GainsLossesOnDisposalsOfNoncurrentAssets" unitRef="BRL" id="Tag6490" decimals="-3" scale="3" format="ixt:num-dot-decimal">85,455</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Other operating income, net </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_IpirangaMember_1" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag6749" decimals="-3" scale="3" format="ixt:num-dot-decimal">44,195</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_UltragazMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag6648" decimals="-3" scale="3" format="ixt:num-dot-decimal">8,265</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_UltracargoMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag6597" decimals="-3" scale="3" format="ixt:num-dot-decimal">8,898</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_AbasteceAiMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag5802" decimals="-3" scale="3" format="ixt:num-dot-decimal">920</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_ReportableSegmentsMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag6582" decimals="-3" scale="3" format="ixt:num-dot-decimal">62,278</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_AllOtherSegmentsMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag6608" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,756</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20201231_EliminationOfIntersegmentAmountsMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag6744" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td colspan="3" style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag6692" decimals="-3" scale="3" format="ixt:num-dot-decimal">64,034</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Operating income (loss) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_IpirangaMember_1" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates" unitRef="BRL" id="Tag6763" decimals="-3" scale="3" format="ixt:num-dot-decimal">915,432</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_UltragazMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates" unitRef="BRL" id="Tag6731" decimals="-3" scale="3" format="ixt:num-dot-decimal">494,213</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_UltracargoMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates" unitRef="BRL" id="Tag6539" decimals="-3" scale="3" format="ixt:num-dot-decimal">251,759</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_AbasteceAiMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates" unitRef="BRL" id="Tag6617" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">28,966</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt; font-family: 'times new roman', times; font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_ReportableSegmentsMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates" unitRef="BRL" id="Tag6636" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,632,438</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_AllOtherSegmentsMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates" unitRef="BRL" id="Tag6546" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">86,478</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt; font-family: 'times new roman', times; font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20201231_EliminationOfIntersegmentAmountsMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates" unitRef="BRL" id="Tag5783" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td colspan="3" style="padding: 0px; vertical-align: bottom; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates" unitRef="BRL" id="Tag5676" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,545,960</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Share of profit (loss) of subsidiaries, joint ventures and associates </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_IpirangaMember_1" name="ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag5787" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">932</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_UltragazMember" name="ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag6410" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">53</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_UltracargoMember" name="ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag5779" decimals="-3" scale="3" format="ixt:num-dot-decimal">392</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20201231_AbasteceAiMember" name="ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag6459" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_ReportableSegmentsMember" name="ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag6457" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">593</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_AllOtherSegmentsMember" name="ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag5665" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">43,438</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20201231_EliminationOfIntersegmentAmountsMember" name="ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag6434" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td colspan="3" style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag6545" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">44,031</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 34px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Operating income before finance income (expenses) and income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_IpirangaMember_1" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag6735" decimals="-3" scale="3" format="ixt:num-dot-decimal">914,500</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_UltragazMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag6481" decimals="-3" scale="3" format="ixt:num-dot-decimal">494,160</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_UltracargoMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag6756" decimals="-3" scale="3" format="ixt:num-dot-decimal">252,151</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_AbasteceAiMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag6866" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">28,966</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><span style="font-size: 10pt; font-family: 'times new roman', times; font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_ReportableSegmentsMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag6752" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,631,845</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 34px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_AllOtherSegmentsMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag6786" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">129,916</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><span style="font-size: 10pt; font-family: 'times new roman', times; font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 34px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20201231_EliminationOfIntersegmentAmountsMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag6436" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><br/></td>
<td colspan="3" style="padding: 0px; vertical-align: bottom; height: 34px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag6689" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,501,929</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Depreciation of PP&amp;E and amortization of intangible assets charges </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_IpirangaMember_1" name="ifrs-full:DepreciationAndAmortisationExpense" unitRef="BRL" id="Tag6529" decimals="-3" scale="3" format="ixt:num-dot-decimal">314,511</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_UltragazMember" name="ifrs-full:DepreciationAndAmortisationExpense" unitRef="BRL" id="Tag6629" decimals="-3" scale="3" format="ixt:num-dot-decimal">192,241</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_UltracargoMember" name="ifrs-full:DepreciationAndAmortisationExpense" unitRef="BRL" id="Tag6599" decimals="-3" scale="3" format="ixt:num-dot-decimal">65,838</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_AbasteceAiMember" name="ifrs-full:DepreciationAndAmortisationExpense" unitRef="BRL" id="Tag5640" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,053</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_ReportableSegmentsMember" name="ifrs-full:DepreciationAndAmortisationExpense" unitRef="BRL" id="Tag6557" decimals="-3" scale="3" format="ixt:num-dot-decimal">576,643</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_AllOtherSegmentsMember" name="ifrs-full:DepreciationAndAmortisationExpense" unitRef="BRL" id="Tag6578" decimals="-3" scale="3" format="ixt:num-dot-decimal">18,888</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20201231_EliminationOfIntersegmentAmountsMember" name="ifrs-full:DepreciationAndAmortisationExpense" unitRef="BRL" id="Tag6739" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td colspan="3" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:DepreciationAndAmortisationExpense" unitRef="BRL" id="Tag5689" decimals="-3" scale="3" format="ixt:num-dot-decimal">595,531</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Amortization of contractual assets with customers &#8211; exclusive rights </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_IpirangaMember_1" name="ifrs-full:AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers" unitRef="BRL" id="Tag6783" decimals="-3" scale="3" format="ixt:num-dot-decimal">287,800</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_UltragazMember" name="ifrs-full:AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers" unitRef="BRL" id="Tag6427" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,636</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20201231_UltracargoMember" name="ifrs-full:AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers" unitRef="BRL" id="Tag6442" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20201231_AbasteceAiMember" name="ifrs-full:AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers" unitRef="BRL" id="Tag6534" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_ReportableSegmentsMember" name="ifrs-full:AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers" unitRef="BRL" id="Tag6425" decimals="-3" scale="3" format="ixt:num-dot-decimal">289,436</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20201231_AllOtherSegmentsMember" name="ifrs-full:AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers" unitRef="BRL" id="Tag2536" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20201231_EliminationOfIntersegmentAmountsMember" name="ifrs-full:AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers" unitRef="BRL" id="Tag5744" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td colspan="3" style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers" unitRef="BRL" id="Tag6677" decimals="-3" scale="3" format="ixt:num-dot-decimal">289,436</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Amortization of right-of-use assets&#160;</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_IpirangaMember_1" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag5743" decimals="-3" scale="3" format="ixt:num-dot-decimal">177,039</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_UltragazMember" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag6725" decimals="-3" scale="3" format="ixt:num-dot-decimal">41,015</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_UltracargoMember" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag5808" decimals="-3" scale="3" format="ixt:num-dot-decimal">19,482</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_AbasteceAiMember" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag6549" decimals="-3" scale="3" format="ixt:num-dot-decimal">40</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_ReportableSegmentsMember" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag5718" decimals="-3" scale="3" format="ixt:num-dot-decimal">237,576</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_AllOtherSegmentsMember" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag6594" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,094</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20201231_EliminationOfIntersegmentAmountsMember" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag5644" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td colspan="3" style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag6446" decimals="-3" scale="3" format="ixt:num-dot-decimal">242,670</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total of depreciation and amortization </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_IpirangaMember_1" name="ifrs-full:DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" unitRef="BRL" id="Tag802" decimals="-3" scale="3" format="ixt:num-dot-decimal">779,350</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_UltragazMember" name="ifrs-full:DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" unitRef="BRL" id="Tag6661" decimals="-3" scale="3" format="ixt:num-dot-decimal">234,892</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_UltracargoMember" name="ifrs-full:DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" unitRef="BRL" id="Tag5700" decimals="-3" scale="3" format="ixt:num-dot-decimal">85,320</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_AbasteceAiMember" name="ifrs-full:DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" unitRef="BRL" id="Tag5720" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,093</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_ReportableSegmentsMember" name="ifrs-full:DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" unitRef="BRL" id="Tag5792" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,103,655</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_AllOtherSegmentsMember" name="ifrs-full:DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" unitRef="BRL" id="Tag6463" decimals="-3" scale="3" format="ixt:num-dot-decimal">23,982</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20201231_EliminationOfIntersegmentAmountsMember" name="ifrs-full:DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" unitRef="BRL" id="Tag6531" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td colspan="3" style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" unitRef="BRL" id="Tag5641" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,127,637</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
</div>
<p style="margin: 0pt; text-align: justify; font-family: 'Times New Roman'; font-size: 7pt;"><span style="font-family: 'Times New Roman'; font-size: 7pt;">&#160;</span></p>
<table style="width: 100%; margin: 0px; text-indent: 0px; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td style="width: 1.75797%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"><span style="font-size: 8pt;">(1)</span></td>
<td style="width: 98.242%; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="margin: 0px; text-align: justify; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote80"><span style="border-right: none; border-left: none;"><span style="border-right: none; border-left: none;">Includes in the line &#8220;General and administrative&#8221; and revenue on disposal of PP&amp;E and intangibles the amount of R$ </span></span><span style="border-left: none; border-right: none;"><span><ix:nonFraction contextRef="D20211231_3" name="ifrs-full:ExpenseOfRestructuringActivities" unitRef="BRL" id="Tag6569" decimals="-3" scale="3" format="ixt:num-dot-decimal">154,640</ix:nonFraction></span></span><span style="border-right: none; border-left: none;"><span style="border-right: none; border-left: none;"> in </span><span>2021</span><span style="border-right: none; border-left: none;"> (R$ </span></span><span style="border-left: none; border-right: none;"><span><ix:nonFraction contextRef="D20201231_3" name="ifrs-full:ExpenseOfRestructuringActivities" unitRef="BRL" id="Tag6632" decimals="-3" scale="3" format="ixt:num-dot-decimal">87,363</ix:nonFraction></span></span><span style="border-right: none; border-left: none;"><span style="border-right: none; border-left: none;"> in </span><span>2020</span><span style="border-right: none; border-left: none;">) of expenses related to Ultrapar's holding structure, including the Presidency, Financial Board, Legal Board, Board of Directors and Fiscal Council, Risk, Compliance and Audit Board and Sustainability Board.</span></span></ix:footnote></span></p>
</td>
</tr>
<tr>
<td style="width: 1.75797%; vertical-align: top; margin: 0px; text-indent: 0px; padding: 0px;" valign="top"><span style="font-size: 8pt;">(2)</span></td>
<td style="width: 98.242%; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="margin: 0px; text-align: justify; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote78"><span style="border-right: none; border-left: none;">The &#8220;Others&#8221; column consists of financial income and expenses, income tax and social contribution of the segments, the parent company Ultrapar and the subsidiaries Serma, Imaven Im&#243;veis Ltda. (&#8220;Imaven&#8221;), Ultrapar International, UVC Investimentos, UVC - Fundo de investimento and equity of joint ventures of ConectCar, until September 30, 2021 and RPR.</span></ix:footnote></span></p>
</td>
</tr>
</tbody>
</table>
<ix:exclude>
<p style="margin: 0px; text-align: justify; font-family: 'Times New Roman'; font-size: 7pt; text-indent: 0px;"><br/></p>
<div>
<div id="t_ft_1ITO19MT7400000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-114</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Ultrapar Participa&#231;&#245;es S.A.&#160;and&#160;Subsidiaries</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Notes to the Consolidated Financial&#160;Statements&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">(In thousands of Brazilian Reais, unless otherwise stated)</span></p>
</ix:exclude>
<p style="margin: 0px; text-align: justify; font-family: 'Times New Roman'; font-size: 7pt; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 7pt;">&#160;</span></p>
<div id="t_ft_0P0VIJ1H2800000000000000000000b">
<table cellpadding="0" style="height: 308px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><br/></p>
</td>
<td colspan="19" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center;"><span> 2019 &#8211; <span style="color: #000000; font-family: 'times new roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Re-presented</span></span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 0px;">
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Income </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Ipiranga </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;" rowspan="2"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;" rowspan="2"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Ultragaz </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;" rowspan="2"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;" rowspan="2"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Ultracargo </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;" rowspan="2"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;" rowspan="2"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Subtotal </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;" rowspan="2"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;" rowspan="2"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Others </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;" rowspan="2"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;" rowspan="2"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Elimination </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;" rowspan="2"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;" rowspan="2"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;" rowspan="2"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;" rowspan="2"><br/></td>
</tr>
<tr style="height: 10px;">
<td>&#160;</td>
</tr>
<tr>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 28%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Net revenue from sales and services </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; width: 9%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_IpirangaMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag6602" decimals="-3" scale="3" format="ixt:num-dot-decimal">75,452,481</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; width: 9%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_UltragazMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag6787" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,094,825</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; width: 8%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_UltracargoMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag6430" decimals="-3" scale="3" format="ixt:num-dot-decimal">540,758</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; width: 8%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_ReportableSegmentsMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag6483" decimals="-3" scale="3" format="ixt:num-dot-decimal">83,088,064</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; width: 8%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_AllOtherSegmentsMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag2546" decimals="-3" scale="3" format="ixt:num-dot-decimal">44,063</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; width: 8%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_EliminationOfIntersegmentAmountsMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag6551" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">127,397</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; width: 8%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:Revenue" unitRef="BRL" id="Tag5795" decimals="-3" scale="3" format="ixt:num-dot-decimal">83,004,729</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Transactions with third parties </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_IpirangaMember" name="ifrs-full:RevenueFromContractsWithCustomers" unitRef="BRL" id="Tag6621" decimals="-3" scale="3" format="ixt:num-dot-decimal">75,451,946</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_UltragazMember" name="ifrs-full:RevenueFromContractsWithCustomers" unitRef="BRL" id="Tag6772" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,091,031</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_UltracargoMember" name="ifrs-full:RevenueFromContractsWithCustomers" unitRef="BRL" id="Tag6715" decimals="-3" scale="3" format="ixt:num-dot-decimal">462,368</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_ReportableSegmentsMember" name="ifrs-full:RevenueFromContractsWithCustomers" unitRef="BRL" id="Tag6650" decimals="-3" scale="3" format="ixt:num-dot-decimal">83,005,345</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_AllOtherSegmentsMember" name="ifrs-full:RevenueFromContractsWithCustomers" unitRef="BRL" id="Tag5266" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">616</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> -&#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:RevenueFromContractsWithCustomers" unitRef="BRL" id="Tag5657" decimals="-3" scale="3" format="ixt:num-dot-decimal">83,004,729</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Intersegment transactions </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> &#160; <ix:nonFraction contextRef="D20191231_IpirangaMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:RevenueFromContractsWithCustomers" unitRef="BRL" id="Tag5631" decimals="-3" scale="3" format="ixt:num-dot-decimal">535</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_UltragazMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:RevenueFromContractsWithCustomers" unitRef="BRL" id="Tag6447" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,794</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_UltracargoMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:RevenueFromContractsWithCustomers" unitRef="BRL" id="Tag6605" decimals="-3" scale="3" format="ixt:num-dot-decimal">78,390</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_ReportableSegmentsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:RevenueFromContractsWithCustomers" unitRef="BRL" id="Tag6634" decimals="-3" scale="3" format="ixt:num-dot-decimal">82,719</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_AllOtherSegmentsMember_EliminationOfIntersegmentAmountsMember" name="ifrs-full:RevenueFromContractsWithCustomers" unitRef="BRL" id="Tag6654" decimals="-3" scale="3" format="ixt:num-dot-decimal">44,678</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_EliminationOfIntersegmentAmountsMember" name="ifrs-full:RevenueFromContractsWithCustomers" unitRef="BRL" id="Tag6462" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">127,397</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> -</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Cost of products and services sold </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_IpirangaMember" name="ifrs-full:CostOfSales" unitRef="BRL" id="Tag6493" decimals="-3" scale="3" format="ixt:num-dot-decimal">71,962,747</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_UltragazMember" name="ifrs-full:CostOfSales" unitRef="BRL" id="Tag6681" decimals="-3" scale="3" format="ixt:num-dot-decimal">6,104,952</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_UltracargoMember" name="ifrs-full:CostOfSales" unitRef="BRL" id="Tag6732" decimals="-3" scale="3" format="ixt:num-dot-decimal">261,025</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_ReportableSegmentsMember" name="ifrs-full:CostOfSales" unitRef="BRL" id="Tag5673" decimals="-3" scale="3" format="ixt:num-dot-decimal">78,328,724</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_AllOtherSegmentsMember" name="ifrs-full:CostOfSales" unitRef="BRL" id="Tag1689" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">533</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_EliminationOfIntersegmentAmountsMember" name="ifrs-full:CostOfSales" unitRef="BRL" id="Tag6791" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">119,405</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231" name="ifrs-full:CostOfSales" unitRef="BRL" id="Tag5690" decimals="-3" scale="3" format="ixt:num-dot-decimal">78,208,786</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Gross profit </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_IpirangaMember" name="ifrs-full:GrossProfit" unitRef="BRL" id="Tag5694" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,489,734</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_UltragazMember" name="ifrs-full:GrossProfit" unitRef="BRL" id="Tag6489" decimals="-3" scale="3" format="ixt:num-dot-decimal">989,873</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_UltracargoMember" name="ifrs-full:GrossProfit" unitRef="BRL" id="Tag6704" decimals="-3" scale="3" format="ixt:num-dot-decimal">279,733</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_ReportableSegmentsMember" name="ifrs-full:GrossProfit" unitRef="BRL" id="Tag6655" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,759,340</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_AllOtherSegmentsMember" name="ifrs-full:GrossProfit" unitRef="BRL" id="Tag6676" decimals="-3" scale="3" format="ixt:num-dot-decimal">44,595</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_EliminationOfIntersegmentAmountsMember" name="ifrs-full:GrossProfit" unitRef="BRL" id="Tag5801" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">7,992</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:GrossProfit" unitRef="BRL" id="Tag5773" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,795,943</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Operating income (expenses) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><br/></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Selling and marketing </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_IpirangaMember" name="ifrs-full:SalesAndMarketingExpense" unitRef="BRL" id="Tag6525" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,228,136</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_UltragazMember" name="ifrs-full:SalesAndMarketingExpense" unitRef="BRL" id="Tag5679" decimals="-3" scale="3" format="ixt:num-dot-decimal">394,798</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_UltracargoMember" name="ifrs-full:SalesAndMarketingExpense" unitRef="BRL" id="Tag5765" decimals="-3" scale="3" format="ixt:num-dot-decimal">8,683</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_ReportableSegmentsMember" name="ifrs-full:SalesAndMarketingExpense" unitRef="BRL" id="Tag6509" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,631,617</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;" class="ng-scope">(<ix:nonFraction contextRef="D20191231_AllOtherSegmentsMember" name="ifrs-full:SalesAndMarketingExpense" unitRef="BRL" id="Tag5636" decimals="-3" scale="3" format="ixt:num-dot-decimal"> 143 </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_EliminationOfIntersegmentAmountsMember" name="ifrs-full:SalesAndMarketingExpense" unitRef="BRL" id="Tag6740" xsi:nil="true"></ix:nonFraction>-</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231" name="ifrs-full:SalesAndMarketingExpense" unitRef="BRL" id="Tag6690" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,631,760</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Loss allowance (reversion) for expected credit losses </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_IpirangaMember" name="ifrs-full:ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables" unitRef="BRL" id="Tag5617" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,942</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;" class="ng-scope">(<ix:nonFraction contextRef="D20191231_UltragazMember" name="ifrs-full:ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables" unitRef="BRL" id="Tag6712" decimals="-3" scale="3" format="ixt:num-dot-decimal"> 31,370 </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_UltracargoMember" name="ifrs-full:ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables" unitRef="BRL" id="Tag6785" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">87</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_ReportableSegmentsMember" name="ifrs-full:ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables" unitRef="BRL" id="Tag5711" decimals="-3" scale="3" format="ixt:num-dot-decimal">35,225</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_AllOtherSegmentsMember" name="ifrs-full:ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables" unitRef="BRL" id="Tag2584" xsi:nil="true"></ix:nonFraction>-</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_EliminationOfIntersegmentAmountsMember" name="ifrs-full:ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables" unitRef="BRL" id="Tag5695" xsi:nil="true"></ix:nonFraction>-</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;" class="ng-scope"><ix:nonFraction contextRef="D20191231" name="ifrs-full:ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables" unitRef="BRL" id="Tag6566" decimals="-3" scale="3" format="ixt:num-dot-decimal"> 35,225 </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> General and administrative </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;" class="ng-scope">(<ix:nonFraction contextRef="D20191231_IpirangaMember" name="ifrs-full:GeneralAndAdministrativeExpense" unitRef="BRL" id="Tag5637" decimals="-3" scale="3" format="ixt:num-dot-decimal">770,028 </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;" class="ng-scope">(<ix:nonFraction contextRef="D20191231_UltragazMember" name="ifrs-full:GeneralAndAdministrativeExpense" unitRef="BRL" id="Tag6500" decimals="-3" scale="3" format="ixt:num-dot-decimal">210,361 </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;" class="ng-scope">(<ix:nonFraction contextRef="D20191231_UltracargoMember" name="ifrs-full:GeneralAndAdministrativeExpense" unitRef="BRL" id="Tag5759" decimals="-3" scale="3" format="ixt:num-dot-decimal"> 124,767 </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;" class="ng-scope">(<ix:nonFraction contextRef="D20191231_ReportableSegmentsMember" name="ifrs-full:GeneralAndAdministrativeExpense" unitRef="BRL" id="Tag6449" decimals="-3" scale="3" format="ixt:num-dot-decimal"> 1,105,156 </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;" class="ng-scope">(<ix:nonFraction contextRef="D20191231_AllOtherSegmentsMember" name="ifrs-full:GeneralAndAdministrativeExpense" unitRef="BRL" id="Tag6770" decimals="-3" scale="3" format="ixt:num-dot-decimal"> 122,286 </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_EliminationOfIntersegmentAmountsMember" name="ifrs-full:GeneralAndAdministrativeExpense" unitRef="BRL" id="Tag5635" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">7,992</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;" class="ng-scope">(<ix:nonFraction contextRef="D20191231" name="ifrs-full:GeneralAndAdministrativeExpense" unitRef="BRL" id="Tag6431" decimals="-3" scale="3" format="ixt:num-dot-decimal"> 1,219,450 </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 34px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Gain (loss) on disposal of property, plant and equipment and intangibles </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: right;" class="ng-scope"><ix:nonFraction contextRef="D20191231_IpirangaMember" name="ifrs-full:GainsLossesOnDisposalsOfNoncurrentAssets" unitRef="BRL" id="Tag6426" decimals="-3" scale="3" format="ixt:num-dot-decimal"> 13,285 </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_UltragazMember" name="ifrs-full:GainsLossesOnDisposalsOfNoncurrentAssets" unitRef="BRL" id="Tag6753" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,677</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_UltracargoMember" name="ifrs-full:GainsLossesOnDisposalsOfNoncurrentAssets" unitRef="BRL" id="Tag5663" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">807</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_ReportableSegmentsMember" name="ifrs-full:GainsLossesOnDisposalsOfNoncurrentAssets" unitRef="BRL" id="Tag5633" decimals="-3" scale="3" format="ixt:num-dot-decimal">15,155</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: right;" class="ng-scope">(<ix:nonFraction contextRef="D20191231_AllOtherSegmentsMember" name="ifrs-full:GainsLossesOnDisposalsOfNoncurrentAssets" unitRef="BRL" id="Tag5785" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal"> 13,455 </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_EliminationOfIntersegmentAmountsMember" name="ifrs-full:GainsLossesOnDisposalsOfNoncurrentAssets" unitRef="BRL" id="Tag6585" xsi:nil="true"></ix:nonFraction>-</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:GainsLossesOnDisposalsOfNoncurrentAssets" unitRef="BRL" id="Tag6441" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,700</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Other operating income, net </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;" class="ng-scope"><ix:nonFraction contextRef="D20191231_IpirangaMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag6670" decimals="-3" scale="3" format="ixt:num-dot-decimal"> 186,982 </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_UltragazMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag5781" decimals="-3" scale="3" format="ixt:num-dot-decimal">12,953</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_UltracargoMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag6611" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">62,392</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_ReportableSegmentsMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag6737" decimals="-3" scale="3" format="ixt:num-dot-decimal">137,543</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_AllOtherSegmentsMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag5648" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,486</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_EliminationOfIntersegmentAmountsMember" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag5776" xsi:nil="true"></ix:nonFraction>-</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:OtherOperatingIncomeExpense" unitRef="BRL" id="Tag6444" decimals="-3" scale="3" format="ixt:num-dot-decimal">140,029</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Operating income (loss) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_IpirangaMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates" unitRef="BRL" id="Tag6711" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,687,895</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_UltragazMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates" unitRef="BRL" id="Tag6403" decimals="-3" scale="3" format="ixt:num-dot-decimal">368,974</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_UltracargoMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates" unitRef="BRL" id="Tag6498" decimals="-3" scale="3" format="ixt:num-dot-decimal">83,171</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_ReportableSegmentsMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates" unitRef="BRL" id="Tag6674" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,140,040</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_AllOtherSegmentsMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates" unitRef="BRL" id="Tag5777" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">88,803</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_EliminationOfIntersegmentAmountsMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates" unitRef="BRL" id="Tag6758" xsi:nil="true"></ix:nonFraction>-</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates" unitRef="BRL" id="Tag5716" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,051,237</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Share of profit (loss) of subsidiaries, joint ventures and associates </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;" class="ng-scope">(<ix:nonFraction contextRef="D20191231_IpirangaMember" name="ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag6713" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal"> 24,782 </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_UltragazMember" name="ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag6537" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">5</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_UltracargoMember" name="ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag5660" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,370</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;" class="ng-scope">(<ix:nonFraction contextRef="D20191231_ReportableSegmentsMember" name="ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag6612" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal"> 23,417 </ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_AllOtherSegmentsMember" name="ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag6468" decimals="-3" scale="3" format="ixt:num-dot-decimal">10,708</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_EliminationOfIntersegmentAmountsMember" name="ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag6558" xsi:nil="true"></ix:nonFraction>-</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231" name="ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" unitRef="BRL" id="Tag6465" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">12,709</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Operating income before finance income (expenses) and income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_IpirangaMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag6755" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,663,113</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_UltragazMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag6673" decimals="-3" scale="3" format="ixt:num-dot-decimal">368,969</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_UltracargoMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag5619" decimals="-3" scale="3" format="ixt:num-dot-decimal">84,541</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_ReportableSegmentsMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag6528" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,116,623</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_AllOtherSegmentsMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag6429" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">78,095</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_EliminationOfIntersegmentAmountsMember" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag5669" xsi:nil="true"></ix:nonFraction>-</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag6662" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,038,528</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Depreciation of PP&amp;E and amortization of intangible assets charges </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_IpirangaMember" name="ifrs-full:DepreciationAndAmortisationExpense" unitRef="BRL" id="Tag5734" decimals="-3" scale="3" format="ixt:num-dot-decimal">275,294</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_UltragazMember" name="ifrs-full:DepreciationAndAmortisationExpense" unitRef="BRL" id="Tag6533" decimals="-3" scale="3" format="ixt:num-dot-decimal">186,221</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_UltracargoMember" name="ifrs-full:DepreciationAndAmortisationExpense" unitRef="BRL" id="Tag6613" decimals="-3" scale="3" format="ixt:num-dot-decimal">59,618</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_ReportableSegmentsMember" name="ifrs-full:DepreciationAndAmortisationExpense" unitRef="BRL" id="Tag5780" decimals="-3" scale="3" format="ixt:num-dot-decimal">521,133</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_AllOtherSegmentsMember" name="ifrs-full:DepreciationAndAmortisationExpense" unitRef="BRL" id="Tag6720" decimals="-3" scale="3" format="ixt:num-dot-decimal">30,636</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_EliminationOfIntersegmentAmountsMember" name="ifrs-full:DepreciationAndAmortisationExpense" unitRef="BRL" id="Tag6788" xsi:nil="true"></ix:nonFraction>-</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:DepreciationAndAmortisationExpense" unitRef="BRL" id="Tag5746" decimals="-3" scale="3" format="ixt:num-dot-decimal">551,768</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Amortization of contractual assets with customers &#8211; exclusive rights </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_IpirangaMember" name="ifrs-full:AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers" unitRef="BRL" id="Tag5709" decimals="-3" scale="3" format="ixt:num-dot-decimal">355,055</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_UltragazMember" name="ifrs-full:AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers" unitRef="BRL" id="Tag6530" decimals="-3" scale="3" format="ixt:num-dot-decimal">195</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_UltracargoMember" name="ifrs-full:AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers" unitRef="BRL" id="Tag6671" xsi:nil="true"></ix:nonFraction>-</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_ReportableSegmentsMember" name="ifrs-full:AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers" unitRef="BRL" id="Tag5732" decimals="-3" scale="3" format="ixt:num-dot-decimal">355,250</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;" class="ng-scope"><ix:nonFraction contextRef="D20191231_AllOtherSegmentsMember" name="ifrs-full:AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers" unitRef="BRL" id="Tag6456" xsi:nil="true"></ix:nonFraction> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_EliminationOfIntersegmentAmountsMember" name="ifrs-full:AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers" unitRef="BRL" id="Tag6699" xsi:nil="true"></ix:nonFraction>-</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers" unitRef="BRL" id="Tag6413" decimals="-3" scale="3" format="ixt:num-dot-decimal">355,250</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Amortization of right-of-use assets </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_IpirangaMember" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag5812" decimals="-3" scale="3" format="ixt:num-dot-decimal">164,543</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_UltragazMember" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag6734" decimals="-3" scale="3" format="ixt:num-dot-decimal">31,264</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_UltracargoMember" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag5793" decimals="-3" scale="3" format="ixt:num-dot-decimal">20,673</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_ReportableSegmentsMember" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag5725" decimals="-3" scale="3" format="ixt:num-dot-decimal">216,480</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> &#160; <ix:nonFraction contextRef="D20191231_AllOtherSegmentsMember" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag6698" decimals="-3" scale="3" format="ixt:num-dot-decimal">128</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_EliminationOfIntersegmentAmountsMember" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag6484" xsi:nil="true"></ix:nonFraction>-</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ugp:AmortizationOfRightToUseAsset" unitRef="BRL" id="Tag6771" decimals="-3" scale="3" format="ixt:num-dot-decimal">216,609</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total of depreciation and amortization </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_IpirangaMember" name="ifrs-full:DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" unitRef="BRL" id="Tag6709" decimals="-3" scale="3" format="ixt:num-dot-decimal">794,892</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_UltragazMember" name="ifrs-full:DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" unitRef="BRL" id="Tag6416" decimals="-3" scale="3" format="ixt:num-dot-decimal">217,680</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_UltracargoMember" name="ifrs-full:DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" unitRef="BRL" id="Tag6624" decimals="-3" scale="3" format="ixt:num-dot-decimal">80,291</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_ReportableSegmentsMember" name="ifrs-full:DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" unitRef="BRL" id="Tag6651" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,092,863</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_AllOtherSegmentsMember" name="ifrs-full:DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" unitRef="BRL" id="Tag6678" decimals="-3" scale="3" format="ixt:num-dot-decimal">30,764</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_EliminationOfIntersegmentAmountsMember" name="ifrs-full:DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" unitRef="BRL" id="Tag5804" xsi:nil="true"></ix:nonFraction>-</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" unitRef="BRL" id="Tag6614" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,123,627</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<ix:exclude>
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><br/></p>
<div>
<div style="border-left: none; border-right: none;">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-115</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Ultrapar Participa&#231;&#245;es S.A.&#160;and&#160;Subsidiaries&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Notes to the Consolidated Financial&#160;Statements</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">(In thousands of Brazilian Reais, unless otherwise stated)</span></p>
</ix:exclude>
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div style="border-left: none; border-right: none;">
<div id="t_ft_5KA7ROPRY800000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 67px;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td colspan="22" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 0px;">
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Cash flow </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Ipiranga </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;" rowspan="2"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;" rowspan="2"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Ultragaz </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;" rowspan="2"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;" rowspan="2"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Ultracargo </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;" rowspan="2"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;" rowspan="2"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Abastece a&#237; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;" rowspan="2"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;" rowspan="2"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Subtotal Segments </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;" rowspan="2"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;" rowspan="2"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">Others <sup>(3)</sup></span></span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;" rowspan="2"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;" rowspan="2"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Elimination </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;" rowspan="2"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;" rowspan="2"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;" rowspan="2"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;" rowspan="2"><br/></td>
</tr>
<tr style="height: 10px;">
<td>&#160;</td>
</tr>
<tr>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px; width: 28%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Acquisition of property, plant, and equipment </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_IpirangaMember_1" name="ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" unitRef="BRL" id="Tag5634" decimals="-3" scale="3" format="ixt:num-dot-decimal">386,693</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_UltragazMember" name="ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" unitRef="BRL" id="Tag6738" decimals="-3" scale="3" format="ixt:num-dot-decimal">336,871</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_UltracargoMember" name="ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" unitRef="BRL" id="Tag2510" decimals="-3" scale="3" format="ixt:num-dot-decimal">298,272</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_AbasteceAiMember" name="ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" unitRef="BRL" id="Tag6405" decimals="-3" scale="3" format="ixt:num-dot-decimal">636</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_ReportableSegmentsMember" name="ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" unitRef="BRL" id="Tag5798" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,022,472</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_AllOtherSegmentsMember" name="ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" unitRef="BRL" id="Tag6609" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,947</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_EliminationOfIntersegmentAmountsMember" name="ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" unitRef="BRL" id="Tag6476" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" unitRef="BRL" id="Tag6584" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,028,419</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Acquisition of intangible assets </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_IpirangaMember_1" name="ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" unitRef="BRL" id="Tag6680" decimals="-3" scale="3" format="ixt:num-dot-decimal">156,498</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_UltragazMember" name="ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" unitRef="BRL" id="Tag6724" decimals="-3" scale="3" format="ixt:num-dot-decimal">30,150</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_UltracargoMember" name="ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" unitRef="BRL" id="Tag5687" decimals="-3" scale="3" format="ixt:num-dot-decimal">15,819</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_AbasteceAiMember" name="ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" unitRef="BRL" id="Tag6616" decimals="-3" scale="3" format="ixt:num-dot-decimal">34,824</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_ReportableSegmentsMember" name="ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" unitRef="BRL" id="Tag2593" decimals="-3" scale="3" format="ixt:num-dot-decimal">237,291</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_AllOtherSegmentsMember" name="ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" unitRef="BRL" id="Tag5731" decimals="-3" scale="3" format="ixt:num-dot-decimal">197</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_EliminationOfIntersegmentAmountsMember" name="ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" unitRef="BRL" id="Tag6693" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" unitRef="BRL" id="Tag6488" decimals="-3" scale="3" format="ixt:num-dot-decimal">237,488</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Payments of contractual assets with customers &#8211; exclusive rights </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_IpirangaMember_1" name="ugp:AdjustmentsForIncreaseDecreaseInNonCurrentPaymentsOfContractualAssetsWithCustomersExclusiveRights" unitRef="BRL" id="Tag5664" decimals="-3" scale="3" format="ixt:num-dot-decimal">420,261</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_UltragazMember" name="ugp:AdjustmentsForIncreaseDecreaseInNonCurrentPaymentsOfContractualAssetsWithCustomersExclusiveRights" unitRef="BRL" id="Tag6414" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_UltracargoMember" name="ugp:AdjustmentsForIncreaseDecreaseInNonCurrentPaymentsOfContractualAssetsWithCustomersExclusiveRights" unitRef="BRL" id="Tag6780" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_AbasteceAiMember" name="ugp:AdjustmentsForIncreaseDecreaseInNonCurrentPaymentsOfContractualAssetsWithCustomersExclusiveRights" unitRef="BRL" id="Tag6700" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_ReportableSegmentsMember" name="ugp:AdjustmentsForIncreaseDecreaseInNonCurrentPaymentsOfContractualAssetsWithCustomersExclusiveRights" unitRef="BRL" id="Tag6769" decimals="-3" scale="3" format="ixt:num-dot-decimal">420,261</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_AllOtherSegmentsMember" name="ugp:AdjustmentsForIncreaseDecreaseInNonCurrentPaymentsOfContractualAssetsWithCustomersExclusiveRights" unitRef="BRL" id="Tag5764" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_EliminationOfIntersegmentAmountsMember" name="ugp:AdjustmentsForIncreaseDecreaseInNonCurrentPaymentsOfContractualAssetsWithCustomersExclusiveRights" unitRef="BRL" id="Tag6495" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ugp:AdjustmentsForIncreaseDecreaseInNonCurrentPaymentsOfContractualAssetsWithCustomersExclusiveRights" unitRef="BRL" id="Tag6540" decimals="-3" scale="3" format="ixt:num-dot-decimal">420,261</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt;"><span> Decarbonization credits (see Note 16) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_IpirangaMember_1" name="ugp:AdjustmentsForIncreaseDecreaseInAcquisitionOfDecarbonizationCredits" unitRef="BRL" id="Tag6745" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">176,837</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_UltragazMember" name="ugp:AdjustmentsForIncreaseDecreaseInAcquisitionOfDecarbonizationCredits" unitRef="BRL" id="Tag6502" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_UltracargoMember" name="ugp:AdjustmentsForIncreaseDecreaseInAcquisitionOfDecarbonizationCredits" unitRef="BRL" id="Tag6428" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_AbasteceAiMember" name="ugp:AdjustmentsForIncreaseDecreaseInAcquisitionOfDecarbonizationCredits" unitRef="BRL" id="Tag5632" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_ReportableSegmentsMember" name="ugp:AdjustmentsForIncreaseDecreaseInAcquisitionOfDecarbonizationCredits" unitRef="BRL" id="Tag6702" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">176,837</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_AllOtherSegmentsMember" name="ugp:AdjustmentsForIncreaseDecreaseInAcquisitionOfDecarbonizationCredits" unitRef="BRL" id="Tag5699" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_EliminationOfIntersegmentAmountsMember" name="ugp:AdjustmentsForIncreaseDecreaseInAcquisitionOfDecarbonizationCredits" unitRef="BRL" id="Tag6492" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ugp:AdjustmentsForIncreaseDecreaseInAcquisitionOfDecarbonizationCredits" unitRef="BRL" id="Tag6470" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">176,837</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_0FXP77D28000000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 67px;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td colspan="22" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 2020 - <span style="color: #000000; font-family: 'times new roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Re-presented</span></span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 0px;">
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Cash flow </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Ipiranga </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;" rowspan="2"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;" rowspan="2"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Ultragaz </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;" rowspan="2"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;" rowspan="2"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Ultracargo </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;" rowspan="2"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;" rowspan="2"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Abastece a&#237; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;" rowspan="2"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;" rowspan="2"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Subtotal Segments </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;" rowspan="2"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;" rowspan="2"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">Others <sup>(3)</sup></span></span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;" rowspan="2"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;" rowspan="2"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Elimination </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;" rowspan="2"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;" rowspan="2"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;" rowspan="2"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;" rowspan="2"><br/></td>
</tr>
<tr style="height: 10px;">
<td>&#160;</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px; width: 28%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Acquisition of property, plant, and equipment </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_IpirangaMember_1" name="ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" unitRef="BRL" id="Tag6543" decimals="-3" scale="3" format="ixt:num-dot-decimal">245,980</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_UltragazMember" name="ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" unitRef="BRL" id="Tag5786" decimals="-3" scale="3" format="ixt:num-dot-decimal">276,470</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_UltracargoMember" name="ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" unitRef="BRL" id="Tag5761" decimals="-3" scale="3" format="ixt:num-dot-decimal">211,287</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_AbasteceAiMember" name="ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" unitRef="BRL" id="Tag5645" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,149</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_ReportableSegmentsMember" name="ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" unitRef="BRL" id="Tag6412" decimals="-3" scale="3" format="ixt:num-dot-decimal">738,886</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_AllOtherSegmentsMember" name="ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" unitRef="BRL" id="Tag6473" decimals="-3" scale="3" format="ixt:num-dot-decimal">11,732</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20201231_EliminationOfIntersegmentAmountsMember" name="ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" unitRef="BRL" id="Tag6705" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" unitRef="BRL" id="Tag6512" decimals="-3" scale="3" format="ixt:num-dot-decimal">750,618</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Acquisition of intangible assets </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_IpirangaMember_1" name="ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" unitRef="BRL" id="Tag6723" decimals="-3" scale="3" format="ixt:num-dot-decimal">85,337</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_UltragazMember" name="ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" unitRef="BRL" id="Tag6666" decimals="-3" scale="3" format="ixt:num-dot-decimal">32,613</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_UltracargoMember" name="ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" unitRef="BRL" id="Tag529" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,596</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_AbasteceAiMember" name="ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" unitRef="BRL" id="Tag5772" decimals="-3" scale="3" format="ixt:num-dot-decimal">10,285</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_ReportableSegmentsMember" name="ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" unitRef="BRL" id="Tag6480" decimals="-3" scale="3" format="ixt:num-dot-decimal">133,831</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_AllOtherSegmentsMember" name="ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" unitRef="BRL" id="Tag6625" decimals="-3" scale="3" format="ixt:num-dot-decimal">20,703</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20201231_EliminationOfIntersegmentAmountsMember" name="ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" unitRef="BRL" id="Tag6524" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" unitRef="BRL" id="Tag6439" decimals="-3" scale="3" format="ixt:num-dot-decimal">154,534</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Payments of contractual assets with customers &#8211; exclusive rights </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_IpirangaMember_1" name="ugp:AdjustmentsForIncreaseDecreaseInNonCurrentPaymentsOfContractualAssetsWithCustomersExclusiveRights" unitRef="BRL" id="Tag5701" decimals="-3" scale="3" format="ixt:num-dot-decimal">351,233</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_UltragazMember" name="ugp:AdjustmentsForIncreaseDecreaseInNonCurrentPaymentsOfContractualAssetsWithCustomersExclusiveRights" unitRef="BRL" id="Tag6708" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,812</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20201231_UltracargoMember" name="ugp:AdjustmentsForIncreaseDecreaseInNonCurrentPaymentsOfContractualAssetsWithCustomersExclusiveRights" unitRef="BRL" id="Tag5775" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20201231_AbasteceAiMember" name="ugp:AdjustmentsForIncreaseDecreaseInNonCurrentPaymentsOfContractualAssetsWithCustomersExclusiveRights" unitRef="BRL" id="Tag5618" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_ReportableSegmentsMember" name="ugp:AdjustmentsForIncreaseDecreaseInNonCurrentPaymentsOfContractualAssetsWithCustomersExclusiveRights" unitRef="BRL" id="Tag5778" decimals="-3" scale="3" format="ixt:num-dot-decimal">356,045</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20201231_AllOtherSegmentsMember" name="ugp:AdjustmentsForIncreaseDecreaseInNonCurrentPaymentsOfContractualAssetsWithCustomersExclusiveRights" unitRef="BRL" id="Tag6565" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20201231_EliminationOfIntersegmentAmountsMember" name="ugp:AdjustmentsForIncreaseDecreaseInNonCurrentPaymentsOfContractualAssetsWithCustomersExclusiveRights" unitRef="BRL" id="Tag6496" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ugp:AdjustmentsForIncreaseDecreaseInNonCurrentPaymentsOfContractualAssetsWithCustomersExclusiveRights" unitRef="BRL" id="Tag5651" decimals="-3" scale="3" format="ixt:num-dot-decimal">356,045</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt;"><span> Decarbonization credits (see Note 16) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_IpirangaMember_1" name="ugp:AdjustmentsForIncreaseDecreaseInAcquisitionOfDecarbonizationCredits" unitRef="BRL" id="Tag6478" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">125,345</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20201231_UltragazMember" name="ugp:AdjustmentsForIncreaseDecreaseInAcquisitionOfDecarbonizationCredits" unitRef="BRL" id="Tag6656" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20201231_UltracargoMember" name="ugp:AdjustmentsForIncreaseDecreaseInAcquisitionOfDecarbonizationCredits" unitRef="BRL" id="Tag5624" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20201231_AbasteceAiMember" name="ugp:AdjustmentsForIncreaseDecreaseInAcquisitionOfDecarbonizationCredits" unitRef="BRL" id="Tag5771" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_ReportableSegmentsMember" name="ugp:AdjustmentsForIncreaseDecreaseInAcquisitionOfDecarbonizationCredits" unitRef="BRL" id="Tag5646" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">125,345</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20201231_AllOtherSegmentsMember" name="ugp:AdjustmentsForIncreaseDecreaseInAcquisitionOfDecarbonizationCredits" unitRef="BRL" id="Tag6764" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20201231_EliminationOfIntersegmentAmountsMember" name="ugp:AdjustmentsForIncreaseDecreaseInAcquisitionOfDecarbonizationCredits" unitRef="BRL" id="Tag5811" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ugp:AdjustmentsForIncreaseDecreaseInAcquisitionOfDecarbonizationCredits" unitRef="BRL" id="Tag6765" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">125,345</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
</tbody>
</table>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div style="border-left: none; border-right: none;">
<div id="t_ft_MOQVF2X7I800000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; width: 100.655%; height: 69px;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><br/></p>
</td>
<td colspan="19" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 2019 &#8211; <span style="color: #000000; font-family: 'times new roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Re-presented</span></span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 0px;">
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Cash flow </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Ipiranga </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;" rowspan="2"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;" rowspan="2"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Ultragaz </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;" rowspan="2"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;" rowspan="2"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Ultracargo </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;" rowspan="2"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;" rowspan="2"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Subtotal Segments </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;" rowspan="2"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;" rowspan="2"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-family: 'times new roman', times;"><span style="font-weight: bold;">Others <sup>(3)</sup></span></span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;" rowspan="2"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;" rowspan="2"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Elimination </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;" rowspan="2"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;" rowspan="2"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;" rowspan="2"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;" rowspan="2"><br/></td>
</tr>
<tr style="height: 10px;">
<td>&#160;</td>
</tr>
<tr>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 13px; width: 28%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Acquisition of property, plant, and equipment </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 9%;" class="ng-scope"><ix:nonFraction contextRef="D20191231_IpirangaMember" name="ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" unitRef="BRL" id="Tag6792" decimals="-3" scale="3" format="ixt:num-dot-decimal">284,882</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 9%;" class="ng-scope"><ix:nonFraction contextRef="D20191231_UltragazMember" name="ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" unitRef="BRL" id="Tag6553" decimals="-3" scale="3" format="ixt:num-dot-decimal">222,082</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 8%;" class="ng-scope"><ix:nonFraction contextRef="D20191231_UltracargoMember" name="ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" unitRef="BRL" id="Tag6773" decimals="-3" scale="3" format="ixt:num-dot-decimal">206,369</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 8%;" class="ng-scope"><ix:nonFraction contextRef="D20191231_ReportableSegmentsMember" name="ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" unitRef="BRL" id="Tag5642" decimals="-3" scale="3" format="ixt:num-dot-decimal">713,333</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 8%;" class="ng-scope"><ix:nonFraction contextRef="D20191231_AllOtherSegmentsMember" name="ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" unitRef="BRL" id="Tag6572" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,446</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 8%;" class="ng-scope"><ix:nonFraction contextRef="D20191231_EliminationOfIntersegmentAmountsMember" name="ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" unitRef="BRL" id="Tag6453" xsi:nil="true"></ix:nonFraction>-</td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 8%;" class="ng-scope"><ix:nonFraction contextRef="D20191231" name="ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" unitRef="BRL" id="Tag6682" decimals="-3" scale="3" format="ixt:num-dot-decimal">720,779</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 1%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Acquisition of intangible assets </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;" class="ng-scope"><ix:nonFraction contextRef="D20191231_IpirangaMember" name="ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" unitRef="BRL" id="Tag6460" decimals="-3" scale="3" format="ixt:num-dot-decimal">70,193</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;" class="ng-scope"><ix:nonFraction contextRef="D20191231_UltragazMember" name="ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" unitRef="BRL" id="Tag6445" decimals="-3" scale="3" format="ixt:num-dot-decimal">27,702</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;" class="ng-scope"><ix:nonFraction contextRef="D20191231_UltracargoMember" name="ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" unitRef="BRL" id="Tag6568" decimals="-3" scale="3" format="ixt:num-dot-decimal">617</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;" class="ng-scope"><ix:nonFraction contextRef="D20191231_ReportableSegmentsMember" name="ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" unitRef="BRL" id="Tag5703" decimals="-3" scale="3" format="ixt:num-dot-decimal">98,512</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;" class="ng-scope"><ix:nonFraction contextRef="D20191231_AllOtherSegmentsMember" name="ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" unitRef="BRL" id="Tag6587" decimals="-3" scale="3" format="ixt:num-dot-decimal">12,739</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;" class="ng-scope"><ix:nonFraction contextRef="D20191231_EliminationOfIntersegmentAmountsMember" name="ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" unitRef="BRL" id="Tag6520" xsi:nil="true"></ix:nonFraction>-</td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;" class="ng-scope"><ix:nonFraction contextRef="D20191231" name="ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" unitRef="BRL" id="Tag5806" decimals="-3" scale="3" format="ixt:num-dot-decimal">111,251</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payments of contractual assets with customers &#8211; exclusive rights </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;" class="ng-scope"><ix:nonFraction contextRef="D20191231_IpirangaMember" name="ugp:AdjustmentsForIncreaseDecreaseInNonCurrentPaymentsOfContractualAssetsWithCustomersExclusiveRights" unitRef="BRL" id="Tag6660" decimals="-3" scale="3" format="ixt:num-dot-decimal">327,346</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;" class="ng-scope"><ix:nonFraction contextRef="D20191231_UltragazMember" name="ugp:AdjustmentsForIncreaseDecreaseInNonCurrentPaymentsOfContractualAssetsWithCustomersExclusiveRights" unitRef="BRL" id="Tag6411" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,722</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;" class="ng-scope"><ix:nonFraction contextRef="D20191231_UltracargoMember" name="ugp:AdjustmentsForIncreaseDecreaseInNonCurrentPaymentsOfContractualAssetsWithCustomersExclusiveRights" unitRef="BRL" id="Tag5782" xsi:nil="true"></ix:nonFraction>-</td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;" class="ng-scope"><ix:nonFraction contextRef="D20191231_ReportableSegmentsMember" name="ugp:AdjustmentsForIncreaseDecreaseInNonCurrentPaymentsOfContractualAssetsWithCustomersExclusiveRights" unitRef="BRL" id="Tag6589" decimals="-3" scale="3" format="ixt:num-dot-decimal">330,068</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;" class="ng-scope"><ix:nonFraction contextRef="D20191231_AllOtherSegmentsMember" name="ugp:AdjustmentsForIncreaseDecreaseInNonCurrentPaymentsOfContractualAssetsWithCustomersExclusiveRights" unitRef="BRL" id="Tag6694" xsi:nil="true"></ix:nonFraction>-</td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;" class="ng-scope"><ix:nonFraction contextRef="D20191231_EliminationOfIntersegmentAmountsMember" name="ugp:AdjustmentsForIncreaseDecreaseInNonCurrentPaymentsOfContractualAssetsWithCustomersExclusiveRights" unitRef="BRL" id="Tag5683" xsi:nil="true"></ix:nonFraction>-</td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;" class="ng-scope"><ix:nonFraction contextRef="D20191231" name="ugp:AdjustmentsForIncreaseDecreaseInNonCurrentPaymentsOfContractualAssetsWithCustomersExclusiveRights" unitRef="BRL" id="Tag5799" decimals="-3" scale="3" format="ixt:num-dot-decimal">330,068</ix:nonFraction></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;"><br/></td>
</tr>
</tbody>
</table>
</div>
</div>
<ix:exclude>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<div>
<div style="border-left: none; border-right: none;">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-116</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Ultrapar Participa&#231;&#245;es S.A.&#160;and&#160;Subsidiaries</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Notes to the Consolidated Financial&#160;Statements</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">(In thousands of Brazilian Reais, unless otherwise stated)</span></p>
</ix:exclude>
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_VFGEPVRYVK00000000000000000000b">
<table cellpadding="0" style="height: 0px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td colspan="22" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 0px;">
<td rowspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Assets </span></p>
</td>
<td rowspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Ipiranga </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;" rowspan="2"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;" rowspan="2"><br/></td>
<td rowspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Ultragaz </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;" rowspan="2"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;" rowspan="2"><br/></td>
<td rowspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Ultracargo </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;" rowspan="2"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;" rowspan="2"><br/></td>
<td rowspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Abastece a&#237; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;" rowspan="2"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;" rowspan="2"><br/></td>
<td rowspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Subtotal Segments </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;" rowspan="2"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;" rowspan="2"><br/></td>
<td rowspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">Others <sup>(3)</sup></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;" rowspan="2"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;" rowspan="2"><br/></td>
<td rowspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Assets from subsidiaries held for sale </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;" rowspan="2"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;" rowspan="2"><br/></td>
<td rowspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;" rowspan="2"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;" rowspan="2"><br/></td>
</tr>
<tr style="height: 10px;">
<td>&#160;</td>
</tr>
<tr>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 20%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total assets (excluding intersegment transactions) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_IpirangaMember" name="ifrs-full:Assets" unitRef="BRL" id="Tag6672" decimals="-3" scale="3" format="ixt:num-dot-decimal">21,050,793</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_UltragazMember" name="ifrs-full:Assets" unitRef="BRL" id="Tag5681" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,233,736</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_UltracargoMember" name="ifrs-full:Assets" unitRef="BRL" id="Tag6452" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,675,453</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_AbasteceAiMember" name="ifrs-full:Assets" unitRef="BRL" id="Tag5622" decimals="-3" scale="3" format="ixt:num-dot-decimal">152,212</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_ReportableSegmentsMember" name="ifrs-full:Assets" unitRef="BRL" id="Tag5693" decimals="-3" scale="3" format="ixt:num-dot-decimal">27,112,194</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_AllOtherSegmentsMember" name="ifrs-full:Assets" unitRef="BRL" id="Tag5789" decimals="-3" scale="3" format="ixt:num-dot-decimal">897,246</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_AssetsHeldForSaleMember" name="ifrs-full:Assets" unitRef="BRL" id="Tag5698" decimals="-3" scale="3" format="ixt:num-dot-decimal">11,000,917</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:Assets" unitRef="BRL" id="Tag6721" decimals="-3" scale="3" format="ixt:num-dot-decimal">39,010,357</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div style="border-left: none; border-right: none;">
<div id="t_ft_O6PNVV77TC00000000000000000000b">
<table cellpadding="0" style="height: 0px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.9509%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td colspan="28" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 78.2441%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 19.9509%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Assets </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 5.96893%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Ipiranga </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 1.06296%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 5.96893%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Ultragaz </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 6.0507%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Oxiteno </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 5.96893%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Ultracargo </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 1.06296%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 5.96893%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Extrafarma </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.06296%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 5.96893%;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Abastece a&#237; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 6.0507%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Subtotal Segments </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 5.96893%;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">Others <sup>(3)</sup></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 1.06296%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 5.96893%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Elimination </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 1.30208%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 1.06296%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 5.96893%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 0.981194%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 0.981194%;"><br/></td>
</tr>
<tr>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 19.9509%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total assets (excluding intersegment transactions) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.96893%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_IpirangaMember" name="ifrs-full:Assets" unitRef="BRL" id="Tag6623" decimals="-3" scale="3" format="ixt:num-dot-decimal">18,761,207</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.06296%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.96893%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_UltragazMember" name="ifrs-full:Assets" unitRef="BRL" id="Tag6507" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,927,061</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.0507%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_OxitenoMember" name="ifrs-full:Assets" unitRef="BRL" id="Tag6555" decimals="-3" scale="3" format="ixt:num-dot-decimal">8,892,850</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.981194%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.981194%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.96893%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_UltracargoMember" name="ifrs-full:Assets" unitRef="BRL" id="Tag6576" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,197,675</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.06296%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.96893%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_ExtrafarmaMember" name="ifrs-full:Assets" unitRef="BRL" id="Tag6750" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,845,038</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.06296%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.96893%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_AbasteceAiMember" name="ifrs-full:Assets" unitRef="BRL" id="Tag5736" decimals="-3" scale="3" format="ixt:num-dot-decimal">85,787</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.0507%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_ReportableSegmentsMember" name="ifrs-full:Assets" unitRef="BRL" id="Tag6504" decimals="-3" scale="3" format="ixt:num-dot-decimal">34,709,618</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.96893%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_AllOtherSegmentsMember" name="ifrs-full:Assets" unitRef="BRL" id="Tag6563" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,540,544</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.06296%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.96893%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="I20201231_EliminationOfIntersegmentAmountsMember" name="ifrs-full:Assets" unitRef="BRL" id="Tag6559" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.30208%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.06296%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.96893%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:Assets" unitRef="BRL" id="Tag5671" decimals="-3" scale="3" format="ixt:num-dot-decimal">36,250,162</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.981194%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.981194%;"><br/></td>
</tr>
</tbody>
</table>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<table style="width: 100%; margin: 0px; text-indent: 0px; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td style="width: 2.08504%; vertical-align: top;" valign="top"><span style="font-size: 8pt; font-family: 'times new roman', times;">(3)</span></td>
<td style="width: 97.915%; vertical-align: top;" valign="top">
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><span style="border-right: none; border-left: none;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote77"><span style="border-right: none; border-left: none;">The &#8220;Others&#8221; column comprises the parent company Ultrapar (including goodwill from certain acquisitions) and the subsidiaries Serma, Imaven, Ultrapar International, UVC Investimentos and UVC - Fundo de investimento.</span></ix:footnote></span></span></p>
</td>
</tr>
</tbody>
</table>
<ix:exclude>
<div>
<p style="margin: 0px; text-align: justify; font-family: 'Times New Roman'; font-size: 7pt; text-indent: 0px;"><br/></p>
<div>
<div style="border-left: none; border-right: none;">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-117</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
</div>
<p style="margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="text-align: justify;">Ultrapar Participa&#231;&#245;es S.A. </span><span style="text-align: justify;">and</span><span style="text-align: justify;"> </span><span style="text-align: justify;">Subsidiaries</span></span><span style="font-family: 'Times New Roman'; font-size: 10pt; text-align: justify;">&#160;</span></p>
<div>
<p style="margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Notes to the Consolidated Financial Statements&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">(In thousands of Brazilian Reais, unless otherwise stated)&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
</div>
</ix:exclude>
</div>
<div>
<div style="border-left: none; border-right: none;">
<div id="t_ft_R8TVSV1IZ400000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 310px;" width="100%">
<tbody>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 58.9007%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: center;"><span> 2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 1.31062%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 1.06645%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: center;"><span> 2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: top; background-color: #ffffff; height: 17px; width: 0.984413%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #ffffff; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: center;"><span> 2019 </span></p>
</td>
<td style="vertical-align: top; background-color: #ffffff; height: 17px; width: 1.31062%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 58.9007%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.31062%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.06645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.977%; text-align: center;"><span style="color: #000000; font-family: 'times new roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Re-presented</span></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: top; height: 17px; width: 0.984413%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 11.977%; text-align: center;"><span style="color: #000000; font-family: 'times new roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Re-presented</span></td>
<td style="vertical-align: top; height: 17px; width: 1.31062%;"><br/></td>
</tr>
<tr style="height: 11px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 58.9007%; height: 11px;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Income before financial result, income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 11px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag6729" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,769,380</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.31062%; height: 11px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.06645%; height: 11px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 11px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag6596" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,501,929</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.984413%; height: 11px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; width: 0.984413%; height: 11px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; width: 11.977%; height: 11px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ugp:OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes" unitRef="BRL" id="Tag6748" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,038,528</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; width: 1.31062%; height: 11px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 58.9007%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Financial result, net </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:FinanceIncomeCost" unitRef="BRL" id="Tag6645" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">762,732</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31062%;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.06645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:FinanceIncomeCost" unitRef="BRL" id="Tag5678" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">550,348</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.984413%;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 0.984413%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span>(<ix:nonFraction contextRef="D20191231" name="ifrs-full:FinanceIncomeCost" unitRef="BRL" id="Tag5675" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">673,351</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 1.31062%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 58.9007%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Income before income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:ProfitLossBeforeTax" unitRef="BRL" id="Tag5692" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,006,648</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31062%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.06645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:ProfitLossBeforeTax" unitRef="BRL" id="Tag5769" decimals="-3" scale="3" format="ixt:num-dot-decimal">951,581</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 0.984413%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:ProfitLossBeforeTax" unitRef="BRL" id="Tag6595" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,365,177</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 1.31062%;"><br/></td>
</tr>
<tr style="height: 11px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 11px; width: 58.9007%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Additions to PP&amp;E and intangible assets (excluding intersegment account balances): </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 11px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 11px; width: 1.31062%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 11px; width: 1.06645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 11px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 11px; width: 0.984413%;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 11px; width: 0.984413%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 11px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 11px; width: 1.31062%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 58.9007%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Ultragaz </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_UltragazMember" name="ugp:AdditionsPropertyPlantAndEquipmentAndIntangibleAssets" unitRef="BRL" id="Tag5741" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">367,021</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.31062%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.06645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_UltragazMember" name="ugp:AdditionsPropertyPlantAndEquipmentAndIntangibleAssets" unitRef="BRL" id="Tag6687" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">309,083</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 0.984413%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_UltragazMember" name="ugp:AdditionsPropertyPlantAndEquipmentAndIntangibleAssets" unitRef="BRL" id="Tag5763" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">249,784</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 1.31062%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 58.9007%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Ipiranga </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_IpirangaMember_1" name="ugp:AdditionsPropertyPlantAndEquipmentAndIntangibleAssets" unitRef="BRL" id="Tag5629" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">550,874</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.31062%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.06645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_IpirangaMember_1" name="ugp:AdditionsPropertyPlantAndEquipmentAndIntangibleAssets" unitRef="BRL" id="Tag6760" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">338,848</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 0.984413%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_IpirangaMember" name="ugp:AdditionsPropertyPlantAndEquipmentAndIntangibleAssets" unitRef="BRL" id="Tag5791" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">370,864</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 1.31062%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 58.9007%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Ultracargo </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_UltracargoMember" name="ugp:AdditionsPropertyPlantAndEquipmentAndIntangibleAssets" unitRef="BRL" id="Tag5737" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">316,873</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.31062%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.06645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_UltracargoMember" name="ugp:AdditionsPropertyPlantAndEquipmentAndIntangibleAssets" unitRef="BRL" id="Tag5742" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">218,898</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 0.984413%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_UltracargoMember" name="ugp:AdditionsPropertyPlantAndEquipmentAndIntangibleAssets" unitRef="BRL" id="Tag6420" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">217,377</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 1.31062%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 58.9007%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Abastece a&#237; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_AbasteceAiMember" name="ugp:AdditionsPropertyPlantAndEquipmentAndIntangibleAssets" unitRef="BRL" id="Tag6421" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">35,460</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.31062%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.06645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_AbasteceAiMember" name="ugp:AdditionsPropertyPlantAndEquipmentAndIntangibleAssets" unitRef="BRL" id="Tag6641" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">15,434</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 0.984413%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_AbasteceAiMember" name="ugp:AdditionsPropertyPlantAndEquipmentAndIntangibleAssets" unitRef="BRL" id="Tag5321" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 1.31062%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 58.9007%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; border-top: 1pt solid #000000; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_ReportableSegmentsMember" name="ugp:AdditionsPropertyPlantAndEquipmentAndIntangibleAssets" unitRef="BRL" id="Tag996" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,270,228</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.31062%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.06645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; border-top: 1pt solid #000000; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_ReportableSegmentsMember" name="ugp:AdditionsPropertyPlantAndEquipmentAndIntangibleAssets" unitRef="BRL" id="Tag6697" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">882,263</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 0.984413%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; border-top: 1pt solid #000000; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_ReportableSegmentsMember" name="ugp:AdditionsPropertyPlantAndEquipmentAndIntangibleAssets" unitRef="BRL" id="Tag6394" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">838,025</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 1.31062%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 58.9007%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Others <span style="font-size: 8pt;"><sup>(1)</sup></span></span></p>
</td>
<td style="padding: 0px; height: 10px; border-bottom: 1pt solid #000000; width: 11.977%; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_AllOtherSegmentsMember" name="ugp:AdditionsPropertyPlantAndEquipmentAndIntangibleAssets" unitRef="BRL" id="Tag5735" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">6,143</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; height: 10px; width: 1.31062%; vertical-align: bottom;" valign="bottom"><br/></td>
<td style="padding: 0px; height: 10px; width: 1.06645%; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; height: 10px; border-bottom: 1pt solid #000000; width: 11.977%; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_AllOtherSegmentsMember" name="ugp:AdditionsPropertyPlantAndEquipmentAndIntangibleAssets" unitRef="BRL" id="Tag5652" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">32,437</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; height: 10px; width: 0.984413%; vertical-align: bottom;" valign="bottom"><br/></td>
<td style="padding: 0px; height: 10px; width: 0.984413%; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; height: 10px; border-bottom: 1pt solid #000000; width: 11.977%; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_AllOtherSegmentsMember" name="ugp:AdditionsPropertyPlantAndEquipmentAndIntangibleAssets" unitRef="BRL" id="Tag5662" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">20,185</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px; width: 1.31062%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 58.9007%;">
<p style="margin: 0pt;"><span> Total additions to PP&amp;E and intangible assets, excluding decarbonization credits (see Notes 15 and 16) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ugp:AdditionsPropertyPlantAndEquipmentAndIntangibleAssets" unitRef="BRL" id="Tag5707" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,276,371</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31062%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.06645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ugp:AdditionsPropertyPlantAndEquipmentAndIntangibleAssets" unitRef="BRL" id="Tag6610" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">914,700</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 0.984413%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ugp:AdditionsPropertyPlantAndEquipmentAndIntangibleAssets" unitRef="BRL" id="Tag6631" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">858,210</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 1.31062%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 58.9007%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span> Asset retirement obligation &#8211; fuel tanks (see Note 22) </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:RetirementsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag6706" decimals="-3" scale="3" format="ixt:num-dot-decimal">451</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.31062%;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.06645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:RetirementsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag6710" decimals="-3" scale="3" format="ixt:num-dot-decimal">163</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.984413%;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 0.984413%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span>(<ix:nonFraction contextRef="D20191231" name="ifrs-full:RetirementsIntangibleAssetsAndGoodwill" unitRef="BRL" id="Tag6867" decimals="-3" scale="3" format="ixt:num-dot-decimal">290</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 1.31062%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 58.9007%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Capitalized borrowing costs </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:BorrowingCostsCapitalised" unitRef="BRL" id="Tag6527" decimals="-3" scale="3" format="ixt:num-dot-decimal">10,013</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.31062%;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.06645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:BorrowingCostsCapitalised" unitRef="BRL" id="Tag6747" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,385</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 0.984413%;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 0.984413%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span>(<ix:nonFraction contextRef="D20191231" name="ifrs-full:BorrowingCostsCapitalised" unitRef="BRL" id="Tag6541" decimals="-3" scale="3" format="ixt:num-dot-decimal">25,890</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 1.31062%;">)</td>
</tr>
<tr style="height: 13px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 13px; width: 58.9007%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total investments in PP&amp;E and intangible assets (cash flow) </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 13px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets" unitRef="BRL" id="Tag6479" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,265,907</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 13px; width: 1.31062%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 13px; width: 1.06645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 13px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets" unitRef="BRL" id="Tag6514" decimals="-3" scale="3" format="ixt:num-dot-decimal">905,152</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 13px; width: 0.984413%;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 13px; width: 0.984413%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 13px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets" unitRef="BRL" id="Tag5659" decimals="-3" scale="3" format="ixt:num-dot-decimal">832,030</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 13px; width: 1.31062%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 58.9007%;">
<p style="margin: 0pt;"><span> Addition on contractual assets with customers &#8211; exclusive rights (see Note 12): </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; width: 1.31062%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; width: 1.06645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; width: 0.984413%;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px; width: 0.984413%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px; width: 1.31062%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 58.9007%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Ipiranga </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_IpirangaMember_1" name="ifrs-full:IncreaseDecreaseThroughCumulativeCatchupAdjustmentsToRevenueContractAssets" unitRef="BRL" id="Tag5803" decimals="-3" scale="3" format="ixt:num-dot-decimal">689,986</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.31062%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.06645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_IpirangaMember_1" name="ifrs-full:IncreaseDecreaseThroughCumulativeCatchupAdjustmentsToRevenueContractAssets" unitRef="BRL" id="Tag6664" decimals="-3" scale="3" format="ixt:num-dot-decimal">543,382</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 0.984413%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_IpirangaMember" name="ifrs-full:IncreaseDecreaseThroughCumulativeCatchupAdjustmentsToRevenueContractAssets" unitRef="BRL" id="Tag5655" decimals="-3" scale="3" format="ixt:num-dot-decimal">330,068</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 1.31062%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 58.9007%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Ultragaz </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="D20211231_UltragazMember" name="ifrs-full:IncreaseDecreaseThroughCumulativeCatchupAdjustmentsToRevenueContractAssets" unitRef="BRL" id="Tag6653" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.31062%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.06645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_UltragazMember" name="ifrs-full:IncreaseDecreaseThroughCumulativeCatchupAdjustmentsToRevenueContractAssets" unitRef="BRL" id="Tag6506" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,703</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 0.984413%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_UltragazMember" name="ifrs-full:IncreaseDecreaseThroughCumulativeCatchupAdjustmentsToRevenueContractAssets" unitRef="BRL" id="Tag6422" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 1.31062%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 58.9007%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:IncreaseDecreaseThroughCumulativeCatchupAdjustmentsToRevenueContractAssets" unitRef="BRL" id="Tag6536" decimals="-3" scale="3" format="ixt:num-dot-decimal">689,986</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.31062%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.06645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:IncreaseDecreaseThroughCumulativeCatchupAdjustmentsToRevenueContractAssets" unitRef="BRL" id="Tag6407" decimals="-3" scale="3" format="ixt:num-dot-decimal">549,085</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 0.984413%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:IncreaseDecreaseThroughCumulativeCatchupAdjustmentsToRevenueContractAssets" unitRef="BRL" id="Tag6552" decimals="-3" scale="3" format="ixt:num-dot-decimal">330,068</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 1.31062%;"><br/></td>
</tr>
</tbody>
</table>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<table style="width: 100%; margin: 0px; text-indent: 0px; height: 34px; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr style="height: 34px;">
<td style="width: 1.83974%; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 34px; vertical-align: top;" valign="top"><span style="font-size: 8pt;">(1)</span></td>
<td style="width: 98.1603%; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 34px; vertical-align: top;" valign="top">
<p style="margin: 0px; text-align: justify; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';"> </span><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote79"><span style="font-family: 'Times New Roman';">The &#8220;Others&#8221; column comprises the parent company Ultrapar (including goodwill from certain acquisitions) and the subsidiaries Serma, Imaven, Ultrapar International, UVC Investimentos and </span><span style="font-family: 'Times New Roman';">UVC </span><span style="font-family: 'Times New Roman';">&#8211;</span><span style="font-family: 'Times New Roman';"> Fundo de investimento</span><span style="font-family: 'Times New Roman';">.</span></ix:footnote></span></p>
</td>
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</tbody>
</table>
<ix:exclude>
<p style="margin: 0pt; text-align: justify; font-family: 'Times New Roman'; font-size: 7pt;"><br/></p>
<div>
<div id="t_ft_QJTLJ84LE800000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-118</span></td>
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</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Ultrapar&#160;Participa&#231;&#245;es&#160;S.A.&#160;and&#160;Subsidiaries&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Notes to the Consolidated Financial&#160;Statements</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0px; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">(In thousands of Brazilian&#160;Reais, unless otherwise stated)&#160;&#160;</span></p>
</ix:exclude>
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-style: italic; font-weight: bold;">b</span><span style="font-style: italic; font-weight: bold;">. </span><span style="font-style: italic; font-weight: bold;">Geographic </span><span style="font-style: italic; font-weight: bold;">a</span><span style="font-style: italic; font-weight: bold;">rea </span><span style="font-style: italic; font-weight: bold;">i</span><span style="font-style: italic; font-weight: bold;">nformation</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span>The right-of-use assets, PP&amp;E and intangible assets of the Company and its subsidiaries are located in Brazil, except those related to Oxiteno&#8217; plants abroad, which were reclassified to assets of subsidiaries held for sale on December 31, 2021, for further details see Note 3.b, as shown below:&#160; &#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_J39R1IYC0G00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto; height: 86px;" width="80%">
<tbody>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 73%; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> United States of America </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="I20211231_US" name="ifrs-full:NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts" unitRef="BRL" id="Tag6606" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_US" name="ifrs-full:NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts" unitRef="BRL" id="Tag6793" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,152,876</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Mexico </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="I20211231_MX" name="ifrs-full:NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts" unitRef="BRL" id="Tag6768" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_MX" name="ifrs-full:NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts" unitRef="BRL" id="Tag6554" decimals="-3" scale="3" format="ixt:num-dot-decimal">163,042</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Uruguay </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="I20211231_UY" name="ifrs-full:NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts" unitRef="BRL" id="Tag5719" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_UY" name="ifrs-full:NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts" unitRef="BRL" id="Tag6746" decimals="-3" scale="3" format="ixt:num-dot-decimal">90,347</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span><ix:nonFraction contextRef="I20211231" name="ifrs-full:NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts" unitRef="BRL" id="Tag6652" xsi:nil="true"></ix:nonFraction> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts" unitRef="BRL" id="Tag6472" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,406,265</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The subsidiaries generate revenue from operations in Brazil, as well as from exports of products to foreign customers, as disclosed below:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_VUWM2SW0CG00000000000000000000b">
<table cellpadding="0" style="height: 157px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 85%; margin-left: auto; margin-right: auto;" width="85%">
<tbody>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span> 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span> 2020 </span></p>
</td>
<td style="vertical-align: top; background-color: #ffffff; padding: 0px; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #ffffff; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #ffffff; padding: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span> 2019 </span></p>
</td>
<td style="vertical-align: top; background-color: #ffffff; padding: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"><span style="color: #000000; font-family: 'times new roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Re-presented&#160;</span>(i) </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"><span style="color: #000000; font-family: 'times new roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Re-presented&#160;</span>(i) </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 59%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net revenue from sale and services: </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><br/></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 1%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 1%;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Brazil </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_BR" name="ifrs-full:Revenue" unitRef="BRL" id="Tag6515" decimals="-3" scale="3" format="ixt:num-dot-decimal">109,598,146</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_BR" name="ifrs-full:Revenue" unitRef="BRL" id="Tag6703" decimals="-3" scale="3" format="ixt:num-dot-decimal">73,941,162</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_BR" name="ifrs-full:Revenue" unitRef="BRL" id="Tag6418" decimals="-3" scale="3" format="ixt:num-dot-decimal">82,927,227</ix:nonFraction>&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Other Latin American countries </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_OtherLatinAmericanCountriesMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag6508" decimals="-3" scale="3" format="ixt:num-dot-decimal">69,523</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_OtherLatinAmericanCountriesMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag5760" decimals="-3" scale="3" format="ixt:num-dot-decimal">45,356</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 19px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 19px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 19px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_OtherLatinAmericanCountriesMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag5691" decimals="-3" scale="3" format="ixt:num-dot-decimal">40,655</ix:nonFraction>&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 19px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> United States of America and Canada </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_UnitedStatesOfAmericaAndCanadaMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag6450" decimals="-3" scale="3" format="ixt:num-dot-decimal">35,279</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_UnitedStatesOfAmericaAndCanadaMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag6657" decimals="-3" scale="3" format="ixt:num-dot-decimal">29,935</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_UnitedStatesOfAmericaAndCanadaMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag5674" decimals="-3" scale="3" format="ixt:num-dot-decimal">16,906</ix:nonFraction>&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Europe </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_EuropeMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag6743" decimals="-3" scale="3" format="ixt:num-dot-decimal">18,876</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_EuropeMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag6643" decimals="-3" scale="3" format="ixt:num-dot-decimal">34,460</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_EuropeMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag6511" decimals="-3" scale="3" format="ixt:num-dot-decimal">17,058</ix:nonFraction>&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_OtherRegionsMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag5661" decimals="-3" scale="3" format="ixt:num-dot-decimal">11,018</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_OtherRegionsMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag6628" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,143</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 19px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 19px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 19px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_OtherRegionsMember" name="ifrs-full:Revenue" unitRef="BRL" id="Tag5702" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,883</ix:nonFraction>&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 19px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:Revenue" unitRef="BRL" id="Tag6560" decimals="-3" scale="3" format="ixt:num-dot-decimal">109,732,842</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:Revenue" unitRef="BRL" id="Tag6451" decimals="-3" scale="3" format="ixt:num-dot-decimal">74,058,056</ix:nonFraction> </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span> <ix:nonFraction contextRef="D20191231" name="ifrs-full:Revenue" unitRef="BRL" id="Tag6701" decimals="-3" scale="3" format="ixt:num-dot-decimal">83,004,729</ix:nonFraction>&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify; font-family: 'Times New Roman'; font-size: 7pt;"><span style="font-family: 'Times New Roman'; font-size: 7pt;">&#160;</span></p>
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<tbody>
<tr style="height: 10px;">
<td style="width: 2.08504%; height: 10px;">(i)</td>
<td style="width: 97.915%; height: 10px;">
<p style="margin: 0px; break-after: avoid; break-inside: avoid; text-align: justify; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> <ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote81">For further information see Note <span style="border-left: none; border-right: none;">3</span>.c.<span style="border-left: none; border-right: none;">3</span>.</ix:footnote></span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-119</span></td>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultrapar Participa&#231;&#245;es S.A. and Subsidiaries</span></p>
</div>
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Notes to the Consolidated Financial Statements </span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">(In thousands of Brazilian Reais, unless otherwise stated)</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
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<p style="margin: 0pt 0pt 0pt; font-weight: bold;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span>33</span><span style="font-weight: bold;">. </span><span style="font-weight: bold;">Risks and </span><span style="font-weight: bold;">f</span><span style="font-weight: bold;">inancial </span><span style="font-weight: bold;">i</span><span style="font-weight: bold;">nstruments</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">a. </span><span style="font-style: italic; font-weight: bold;">Risk </span><span style="font-style: italic; font-weight: bold;">m</span><span style="font-style: italic; font-weight: bold;">anagement and </span><span style="font-style: italic; font-weight: bold;">f</span><span style="font-style: italic; font-weight: bold;">inancial </span><span style="font-style: italic; font-weight: bold;">i</span><span style="font-style: italic; font-weight: bold;">nstruments &#8211; </span><span style="font-style: italic; font-weight: bold;">g</span><span style="font-style: italic; font-weight: bold;">overnance&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The main risks to which the Company and its subsidiaries are exposed reflect strategic/operational and economic/financial aspects. Operational/strategic risks (including, but not limited to, demand behavior, competition, technological innovation, and material changes in the industry structure) are addressed by the Company&#8217;s management model. Economic/financial risks primarily reflect default of customers, behavior of macroeconomic variables, such as exchange and interest rates, as well as the characteristics of the financial instruments used by the Company and its subsidiaries and their counterparties. These risks are managed through control policies, specific strategies, and the establishment of limits.&#160;&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The Company has a policy for the management of resources, financial instruments, and risks approved by its Company&#8217;s Board of Directors (&#8220;Policy&#8221;). In accordance with the Policy, the main objectives of financial management are to preserve the value and liquidity of financial assets and ensure financial resources for the development of the business, including expansions. The main financial risks considered in the Policy are market risks (currencies, interest rates and commodities), liquidity and credit. The governance of the management of financial risks follows the segregation of duties below:&#160; &#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The execution of the Policy has done by corporate financial board, through its treasury department, with the assistance of the accounting, legal and tax departments.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The monitoring of compliance of the Policy and possible issues is the responsibility of the Risk and Investment Committee, (&#8220;Committee&#8221;), which is composed of CFO, Treasury Director, Controller and other directors designated by the CFO and which meet quarterly. The monthly monitoring of Policy standards is responsibility of the CFO.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Approval of the Policy and the periodic assessment of Company exposure to financial risks are subject to the approval of the Company&#8217;s Board of Directors of Ultrapar.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The Audit and Risks Committee advises the Company&#8217;s Board of Directors in the assessment of controls, management and exposure of financial risks and revision of Policy. The Risk, Compliance and Audit board monitors of standards compliance of the Policy and reports to the Audit and Risks Committee the risks exposure and compliance or noncompliance of the Policy.</span></p>
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<td class="pgno" style="padding: 0px; text-align: center; height: 17px;"><span style="font-size: 10pt;" class="pageno">F-120</span></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultrapar&#160;Participa&#231;&#245;es&#160;S.A. and Subsidiaries</span></p>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Notes to the Consolidated Financial Statements</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">(In thousands of Brazilian&#160;Reais, unless otherwise stated)</span></p>
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</ix:exclude>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-style: italic; font-weight: bold;">b. </span><span style="font-style: italic; font-weight: bold;">Currency </span><span style="font-style: italic; font-weight: bold;">r</span><span style="font-style: italic; font-weight: bold;">isk</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Most transactions of the Company, through its subsidiaries, are located in Brazil and therefore, the reference currency for risk management is the Brazilian Real. Currency risk management is guided by neutrality of currency exposures and considers the risks of the Company and its subsidiaries and their exposure to changes in exchange rates. The Company considers as its main currency exposures the changes in assets and liabilities in foreign currency.&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The Company and its subsidiaries use exchange rate hedging instruments (especially between the Brazilian Real and the U.S. dollar) available in the financial market to protect their assets, liabilities, receipts, and disbursements in foreign currency and net investments in foreign operations. Hedge is used in order to reduce the effects of changes in exchange rates on the Company&#180;s income and cash flows in Brazilian Reais within the exposure limits under its Policy. Such foreign exchange hedging instruments have amounts, periods, and rates substantially equivalent to those of assets, liabilities, receipts, and disbursements in foreign currencies to which they are related. </span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Assets and liabilities in foreign currencies are stated below, translated into Brazilian Reais:&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span>b.1 </span><span style="font-style: italic; font-weight: bold;">Assets and </span><span style="font-style: italic; font-weight: bold;">l</span><span style="font-style: italic; font-weight: bold;">iabilities in </span><span style="font-style: italic; font-weight: bold;">f</span><span style="font-style: italic; font-weight: bold;">oreign </span><span style="font-style: italic; font-weight: bold;">c</span><span style="font-style: italic; font-weight: bold;">urrencies</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<ix:nonNumeric contextRef="D20211231_3" name="ugp:SummaryOfAssetsAndLiabilitiesInForeignCurrenciesTableTextBlock" id="Tag525" escape="true">
<table cellpadding="0" style="height: 275px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Assets in foreign currency </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 73%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Cash, cash equivalents and financial investments in foreign currency (except hedging instruments) </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ugp:CashCashEquivalentsAndFinancialInvestmentsInForeignCurrencyExceptHedgingInstruments" unitRef="BRL" id="Tag563" decimals="-3" scale="3" format="ixt:num-dot-decimal">122,242</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; width: 1%; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; width: 1%; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 10px; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ugp:CashCashEquivalentsAndFinancialInvestmentsInForeignCurrencyExceptHedgingInstruments" unitRef="BRL" id="Tag1517" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,413,276</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; width: 1%; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Foreign trade receivables, net of loss allowance for expected credit losses and advances to foreign customers </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ugp:ForeignTradeReceivablesNetOfAllowanceForDoubtfulAccountsAndAdvancesToForeignCustomers" unitRef="BRL" id="Tag6801" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,324</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ugp:ForeignTradeReceivablesNetOfAllowanceForDoubtfulAccountsAndAdvancesToForeignCustomers" unitRef="BRL" id="Tag1741" decimals="-3" scale="3" format="ixt:num-dot-decimal">307,829</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Other assets </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ugp:OtherNetAssetsInForeignExceptCashCashEquivalentsFinancialInvestmentsTradeReceivablesFinancingAndPayables" unitRef="BRL" id="Tag1518" decimals="-3" scale="3" format="ixt:num-dot-decimal">186,548</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ugp:OtherNetAssetsInForeignExceptCashCashEquivalentsFinancialInvestmentsTradeReceivablesFinancingAndPayables" unitRef="BRL" id="Tag1688" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,767,626</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Asset exposure from subsidiaries held for sale </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ugp:AssetExposureFromSubsidiariesHeldForSale" unitRef="BRL" id="Tag1156" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,839,194</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ugp:AssetExposureFromSubsidiariesHeldForSale" unitRef="BRL" id="Tag1713" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ugp:AssetsInForeignCurrency" unitRef="BRL" id="Tag1774" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,149,308</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ugp:AssetsInForeignCurrency" unitRef="BRL" id="Tag647" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,488,731</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Liabilities in foreign currency </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Financing in foreign currency, gross of transaction costs and discount </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="I20211231" name="ugp:FinancingInForeignCurrency" unitRef="BRL" id="Tag884" decimals="-3" scale="3" format="ixt:num-dot-decimal">8,860,833</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="I20201231" name="ugp:FinancingInForeignCurrency" unitRef="BRL" id="Tag1716" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,246,707</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payables arising from imports, net of advances to foreign suppliers </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="I20211231" name="ugp:PayablesArisingFromImports" unitRef="BRL" id="Tag715" decimals="-3" scale="3" format="ixt:num-dot-decimal">649,107</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="I20201231" name="ugp:PayablesArisingFromImports" unitRef="BRL" id="Tag812" decimals="-3" scale="3" format="ixt:num-dot-decimal">633,013</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Liabilities exposure from subsidiaries held for sale </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="I20211231" name="ugp:LiabilitiesExposureFromSubsidiariesHeldForSale" unitRef="BRL" id="Tag1743" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">884,402</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ugp:LiabilitiesExposureFromSubsidiariesHeldForSale" unitRef="BRL" id="Tag305" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; border-top: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="I20211231" name="ugp:LiabilitiesInForeignCurrency" unitRef="BRL" id="Tag7304" decimals="-3" scale="3" format="ixt:num-dot-decimal">10,394,342</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; border-top: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="I20201231" name="ugp:LiabilitiesInForeignCurrency" unitRef="BRL" id="Tag308" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,879,720</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Foreign currency hedging instruments </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ugp:ForeignCurrencyHedgingInstruments" unitRef="BRL" id="Tag725" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">2,933,572</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ugp:ForeignCurrencyHedgingInstruments" unitRef="BRL" id="Tag5752" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">4,837,554</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Foreign currency hedging instruments from subsidiaries held for sale </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ugp:ForeignCurrencyHedgingInstrumentsFromSubsidiariesHeldForSale" unitRef="BRL" id="Tag617" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,786,471</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ugp:ForeignCurrencyHedgingInstrumentsFromSubsidiariesHeldForSale" unitRef="BRL" id="Tag1493" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Net liability position &#8211; total </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="I20211231" name="ugp:NetAssetLiabilityPositionTotal" unitRef="BRL" id="Tag798" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,524,991</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="I20201231" name="ugp:NetAssetLiabilityPositionTotal" unitRef="BRL" id="Tag684" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,553,435</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Net (liability) asset position &#8211; income statement effect </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="I20211231" name="ugp:NetAssetLiabilityPositionIncomeStatementEffect" unitRef="BRL" id="Tag1766" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">498,604</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ugp:NetAssetLiabilityPositionIncomeStatementEffect" unitRef="BRL" id="Tag871" decimals="-3" scale="3" format="ixt:num-dot-decimal">186,306</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Net liability position &#8211; equity effect from subsidiaries held for sale </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="I20211231" name="ugp:NetAssetLiabilityPositionShareholdersEquityEffect" unitRef="BRL" id="Tag1780" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,026,387</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="I20201231" name="ugp:NetAssetLiabilityPositionShareholdersEquityEffect" unitRef="BRL" id="Tag856" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,739,741</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
</tbody>
</table>
</ix:nonNumeric>
<ix:exclude>
<div style="border-right: none; border-left: none;">
<p style="margin: 0pt; text-align: justify;"><br/></p>
</div>
<div>
<div id="t_ft_DVTTL7IAMO00000000000000000000b">
<table style="width: 100%; font-family: &quot;times new roman&quot;; font-size: 10pt; height: 17px;">
<tbody>
<tr style="height: 17px;">
<td class="pgno" style="padding: 0px; text-align: center; height: 17px;"><span style="font-size: 10pt;" class="pageno">F-121</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultrapar&#160;Participa&#231;&#245;es&#160;S.A. and Subsidiaries</span></p>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Notes to the Consolidated Financial Statements</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">(In thousands of Brazilian&#160;Reais, unless otherwise stated)</span></p>
</div>
</ix:exclude>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">
<p style="margin: 0pt; text-align: justify;"><br/></p>
</div>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span>b.2 </span><span style="font-style: italic; font-weight: bold;">Sensitivity </span><span style="font-style: italic; font-weight: bold;">a</span><span style="font-style: italic; font-weight: bold;">nalysis of </span><span style="font-style: italic; font-weight: bold;">a</span><span style="font-style: italic; font-weight: bold;">ssets and </span><span style="font-style: italic; font-weight: bold;">l</span><span style="font-style: italic; font-weight: bold;">iabilities in </span><span style="font-style: italic; font-weight: bold;">f</span><span style="font-style: italic; font-weight: bold;">oreign </span><span style="font-style: italic; font-weight: bold;">c</span><span style="font-style: italic; font-weight: bold;">urrency</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span>For the base scenario, future market curves as of December 31, <span style="border-left: none; border-right: none;">2021</span> were used applied on the net position of the Company exposed to the currency risk, simulating the effects of appreciation and devaluation of the Real in the income statement, impacted by the average U.S. dollar of R$ <ix:nonFraction contextRef="D20211231_BrazilianRealPerUSDollarMember" name="ifrs-full:AverageForeignExchangeRate" unitRef="BRL" id="Tag651" decimals="4" format="ixt:num-dot-decimal">5.6514</ix:nonFraction> on December 31,2021.&#160;&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ugp:SummaryOfSensitivityAnalysisOfAssetsAndLiabilitiesInForeignCurrencyTableTextBlock" id="Tag6393" escape="true">
<div style="border-left: none; border-right: none;">
<div id="Normadiv517" style="font-family: 'times new roman', times; font-size: 10pt;">
<div>
<div>
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The table below shows the effects of exchange rate changes on the net liability position of R$ <ix:nonFraction contextRef="I20211231" name="ugp:NetAssetLiabilityPositionTotal" unitRef="BRL" id="Tag1515" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,524,991</ix:nonFraction> in foreign currency as of December 3<span style="border-left: none; border-right: none;">1</span>, <span style="border-left: none; border-right: none;">20</span><span style="border-left: none; border-right: none;">2</span><span style="border-left: none; border-right: none;">1</span>:</span></p>
</div>
</div>
</div>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 12.75pt;">
<td style="padding: 0px; vertical-align: bottom; width: 65.5279%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 21.3251%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Risk </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.9048%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Scenario </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.0352%;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding: 0px; vertical-align: bottom; width: 65.5279%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 21.3251%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.9048%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Base </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.0352%;"><br/></td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 65.5279%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Income statement effect </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 21.3251%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Real devaluation </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.9048%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="I20211231" name="ugp:IncomeStatementEffectDecrease" unitRef="BRL" id="Tag859" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">25,230</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0352%;">)</td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding: 0px; vertical-align: bottom; width: 65.5279%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 21.3251%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net effect </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9048%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="I20211231" name="ugp:IncomeStatementEffectDecreaseShareHoldersEquityIncreaseNetEffect" unitRef="BRL" id="Tag306" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">25,230</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.0352%;">)</td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 65.5279%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Income statement effect </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 21.3251%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Real appreciation </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.9048%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ugp:IncomeStatementEffectIncrease" unitRef="BRL" id="Tag793" decimals="-3" scale="3" format="ixt:num-dot-decimal">25,230</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0352%;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding: 0px; vertical-align: bottom; width: 65.5279%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 21.3251%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net effect </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9048%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ugp:IncomeStatementEffectincreaseShareholdersEquityDecreaseNetEffect" unitRef="BRL" id="Tag1152" decimals="-3" scale="3" format="ixt:num-dot-decimal">25,230</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.0352%;"><br/></td>
</tr>
</tbody>
</table>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-style: italic; font-weight: bold;">c. </span><span style="font-style: italic; font-weight: bold;">Interest </span><span style="font-style: italic; font-weight: bold;">r</span><span style="font-style: italic; font-weight: bold;">ate </span><span style="font-style: italic; font-weight: bold;">r</span><span style="font-style: italic; font-weight: bold;">isk</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The Company and its subsidiaries adopt policies for borrowing and investing financial resources and for capital cost minimization. The financial investments of the Company and its subsidiaries are primarily held in transactions linked to the DI, as set forth in Note <span style="border-left: none; border-right: none;">5</span>. Borrowings primarily relate to financing from Banco do Brasil, as well as debentures and borrowings in foreign currency, as shown in Note <span style="border-left: none; border-right: none;">17</span>.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The Company attempts to maintain most of its financial interest assets and liabilities at floating rates.</span></p>
<ix:exclude>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<div>
<div id="t_ft_E6D0P33F3400000000000000000000b">
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<tbody>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-122</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultrapar&#160;Participa&#231;&#245;es&#160;S.A. and Subsidiaries</span></p>
</div>
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Notes to the Consolidated Financial Statements</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">(In thousands of Brazilian&#160;Reais, unless otherwise stated)</span></p>
</div>
</ix:exclude>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span>c.1 Assets and liabilities exposed to floating interest rates&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:DisclosureOfFinancialInstrumentsByTypeOfInterestRateExplanatory" id="Tag6871" escape="true">
<div style="border-right: none; border-left: none;">
<div id="Normadiv518" style="font-family: 'times new roman', times; font-size: 10pt;">
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<div>
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The financial assets and liabilities exposed to floating interest rates are demonstrated below:&#160;</span></p>
</div>
</div>
</div>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<table cellpadding="0" style="height: 265px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Note </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> DI </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 68%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Cash equivalents </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 5%;">
<p style="margin: 0pt; text-align: center;"><span> 5.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_DiMember_CashEquivalentMember" name="ugp:NetAssetsLiabilitiesPositionExposedToFloatingInterestRates" unitRef="BRL" id="Tag7330" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,943,164</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_DiMember_CashEquivalentMember" name="ugp:NetAssetsLiabilitiesPositionExposedToFloatingInterestRates" unitRef="BRL" id="Tag681" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,241,852</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Financial investments </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 5.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_DiMember_FinancialInvestmentsMember" name="ugp:NetAssetsLiabilitiesPositionExposedToFloatingInterestRates" unitRef="BRL" id="Tag723" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,607,608</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_DiMember_FinancialInvestmentsMember" name="ugp:NetAssetsLiabilitiesPositionExposedToFloatingInterestRates" unitRef="BRL" id="Tag1681" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,749,852</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Loans and debentures </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 17.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="I20211231_DiMember_LoansAndDebenturesMember" name="ugp:NetAssetsLiabilitiesPositionExposedToFloatingInterestRates" unitRef="BRL" id="Tag955" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">4,855,517</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="I20201231_DiMember_LoansAndDebenturesMember" name="ugp:NetAssetsLiabilitiesPositionExposedToFloatingInterestRates" unitRef="BRL" id="Tag819" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">6,947,362</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Liability position of foreign exchange hedging instruments &#8211; DI </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 33.g </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="I20211231_DiMember_LiabilityPositionOfForeignExchangeHedgingInstrumentsMember" name="ugp:NetAssetsLiabilitiesPositionExposedToFloatingInterestRates" unitRef="BRL" id="Tag317" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">2,283,625</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="I20201231_DiMember_LiabilityPositionOfForeignExchangeHedgingInstrumentsMember" name="ugp:NetAssetsLiabilitiesPositionExposedToFloatingInterestRates" unitRef="BRL" id="Tag1106" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">2,124,146</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Liability position of fixed interest instruments + IPCA &#8211; DI </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 33.g </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="I20211231_DiMember_LiabilityPositionOfHedgingInstrumentsPreFixedMember" name="ugp:NetAssetsLiabilitiesPositionExposedToFloatingInterestRates" unitRef="BRL" id="Tag1476" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">2,364,583</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="I20201231_DiMember_LiabilityPositionOfHedgingInstrumentsPreFixedMember" name="ugp:NetAssetsLiabilitiesPositionExposedToFloatingInterestRates" unitRef="BRL" id="Tag703" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">2,203,705</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Net liability position in DI </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="I20211231_DiMember" name="ugp:NetAssetsLiabilitiesPositionExposedToFloatingInterestRates" unitRef="BRL" id="Tag831" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">5,952,953</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="I20201231_DiMember" name="ugp:NetAssetsLiabilitiesPositionExposedToFloatingInterestRates" unitRef="BRL" id="Tag1787" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">5,283,509</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> TJLP </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Loans &#8211; TJLP </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 17.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="I20211231_TJLPMember_LoanPayablesMember" name="ugp:NetAssetsLiabilitiesPositionExposedToFloatingInterestRates" unitRef="BRL" id="Tag815" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">326</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="I20201231_TJLPMember_LoanPayablesMember" name="ugp:NetAssetsLiabilitiesPositionExposedToFloatingInterestRates" unitRef="BRL" id="Tag321" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">29,803</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Net liability position in TJLP </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="I20211231_TJLPMember" name="ugp:NetAssetsLiabilitiesPositionExposedToFloatingInterestRates" unitRef="BRL" id="Tag311" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">326</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="I20201231_TJLPMember" name="ugp:NetAssetsLiabilitiesPositionExposedToFloatingInterestRates" unitRef="BRL" id="Tag1769" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">29,803</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span> LIBOR </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span> Asset position of foreign exchange hedging instruments &#8211; LIBOR </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 33.g </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_LIBORMember_AssetPositionOfForeignExchangeHedgingInstrumentsMember" name="ugp:NetAssetsLiabilitiesPositionExposedToFloatingInterestRates" unitRef="BRL" id="Tag1765" decimals="-3" scale="3" format="ixt:num-dot-decimal">279,047</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_LIBORMember_AssetPositionOfForeignExchangeHedgingInstrumentsMember" name="ugp:NetAssetsLiabilitiesPositionExposedToFloatingInterestRates" unitRef="BRL" id="Tag1188" decimals="-3" scale="3" format="ixt:num-dot-decimal">260,958</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span> Loans &#8211; LIBOR </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 17.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="I20211231_LIBORMember_LoanPayablesMember" name="ugp:NetAssetsLiabilitiesPositionExposedToFloatingInterestRates" unitRef="BRL" id="Tag792" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">275,936</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="I20201231_LIBORMember_LoanPayablesMember" name="ugp:NetAssetsLiabilitiesPositionExposedToFloatingInterestRates" unitRef="BRL" id="Tag712" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">573,484</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span> Net liability position in LIBOR </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_LIBORMember" name="ugp:NetAssetsLiabilitiesPositionExposedToFloatingInterestRates" unitRef="BRL" id="Tag868" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,111</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="I20201231_LIBORMember" name="ugp:NetAssetsLiabilitiesPositionExposedToFloatingInterestRates" unitRef="BRL" id="Tag202" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">312,526</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total net liability position exposed to floating interest </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="I20211231" name="ugp:NetAssetsLiabilitiesPositionExposedToFloatingInterestRates" unitRef="BRL" id="Tag1492" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">5,950,168</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="I20201231" name="ugp:NetAssetsLiabilitiesPositionExposedToFloatingInterestRates" unitRef="BRL" id="Tag1775" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">5,625,838</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">)</td>
</tr>
</tbody>
</table>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-style: italic; font-weight: bold;">c.</span><span>2</span><span style="font-style: italic; font-weight: bold;"> </span><span style="font-style: italic; font-weight: bold;">Sensitivity </span><span style="font-style: italic; font-weight: bold;">a</span><span style="font-style: italic; font-weight: bold;">nalysis of </span><span style="font-style: italic; font-weight: bold;">f</span><span style="font-style: italic; font-weight: bold;">loating </span><span style="font-style: italic; font-weight: bold;">i</span><span style="font-style: italic; font-weight: bold;">nterest </span><span style="font-style: italic; font-weight: bold;">r</span><span style="font-style: italic; font-weight: bold;">ate </span><span style="font-style: italic; font-weight: bold;">r</span><span style="font-style: italic; font-weight: bold;">isk</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">For sensitivity analysis of floating interest rate risk, in December 31, 2021 the Company used the market curves of the reference indexes (DI, TJLP, <span style="border-left: none; border-right: none;">LIBOR</span> and SELIC) as a base scenario. </span></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-123</span></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 0pt; text-align: justify;"><br/></p>
</div>
</div>
</div>
</div>
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<p style="margin: 0px; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"><span style="font-size: 10pt;"><span style="text-align: justify; font-family: 'Times New Roman';">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A.<span>&#160;</span></span><span style="text-align: justify; font-family: 'Times New Roman';">and</span><span style="text-align: justify; font-family: 'Times New Roman';"><span>&#160;</span></span><span style="text-align: justify; font-family: 'Times New Roman';">Subsidiaries</span></span><br/></p>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Notes to the Consolidated Financial<span>&#160;</span></span><span style="font-family: 'Times New Roman';">Statements</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The tables below show the incremental expenses and income that would be recognized in finance income, if the market curves of floating interest at the base date were applied to the average balances of the current year, due to the effect of floating interest rate.&#160;&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<table cellpadding="0" style="height: 214px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 67.6885%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 18.227%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 11.9304%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 0.9942%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 1.07705%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 67.6885%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 18.227%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Risk </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9304%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Scenario </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.07705%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 67.6885%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 18.227%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9304%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Base </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.07705%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 67.6885%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; text-decoration: underline;"> Exposure of interest rate risk </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 18.227%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9304%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.9942%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.07705%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 67.6885%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest effect on cash equivalents and financial </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 18.227%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Increase in DI </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9304%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_ScenarioMember_DiMember" name="ugp:InterestEffectOnCashEquivalentsAndFinancialInvestments" unitRef="BRL" id="Tag1497" decimals="-3" scale="3" format="ixt:num-dot-decimal">153,160</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.07705%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 67.6885%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest effect on debt in DI </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 18.227%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Increase in DI </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9304%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_ScenarioMember_DiMember" name="ifrs-full:InterestExpenseOnBorrowings" unitRef="BRL" id="Tag682" decimals="-3" scale="3" format="ixt:num-dot-decimal">360,652</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.9942%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.07705%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 67.6885%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest rate hedging instruments (liabilities in DI) effect </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 18.227%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Increase in DI </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9304%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_ScenarioMember_DiMember" name="ugp:InterestRateHedgingInstrumentsLiabilitiesInterestEffect" unitRef="BRL" id="Tag841" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">221,157</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.07705%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 67.6885%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Incremental expenses </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 18.227%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9304%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_ScenarioMember_DiMember" name="ugp:IncrementalExpenses" unitRef="BRL" id="Tag196" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">428,649</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.9942%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.07705%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 67.6885%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest effect on debt in TJLP </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 18.227%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Increase in TJLP </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9304%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_ScenarioMember_TJLPMember" name="ifrs-full:InterestExpenseOnBorrowings" unitRef="BRL" id="Tag1680" decimals="-3" scale="3" format="ixt:num-dot-decimal">7</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.07705%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 67.6885%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Incremental expenses </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 18.227%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9304%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_ScenarioMember_TJLPMember" name="ugp:IncrementalExpenses" unitRef="BRL" id="Tag906" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">7</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.9942%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.07705%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 67.6885%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span> Foreign exchange hedging instruments (assets in LIBOR) effect </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 18.227%;">
<p style="margin: 0pt; text-align: center;"><span> Increase in LIBOR </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9304%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_ScenarioMember_LIBORMember" name="ugp:ForeignExchangeHedgingInstrumentsAssetsInterestEffect" unitRef="BRL" id="Tag745" decimals="-3" scale="3" format="ixt:num-dot-decimal">11</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.07705%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 67.6885%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span> Interest effect on debt in LIBOR </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 18.227%;">
<p style="margin: 0pt; text-align: center;"><span> Increase in LIBOR </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9304%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_ScenarioMember_LIBORMember" name="ifrs-full:InterestExpenseOnBorrowings" unitRef="BRL" id="Tag1107" decimals="-3" scale="3" format="ixt:num-dot-decimal">94</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.9942%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.07705%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 67.6885%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Incremental expenses </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 18.227%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9304%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_ScenarioMember_LIBORMember" name="ugp:IncrementalExpenses" unitRef="BRL" id="Tag1687" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">83</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.07705%;"><br/></td>
</tr>
</tbody>
</table>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-style: italic; font-weight: bold;">d. </span><span style="font-style: italic; font-weight: bold;">Credit </span><span style="font-style: italic; font-weight: bold;">r</span><span style="font-style: italic; font-weight: bold;">isks</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The financial instruments that would expose the Company and its subsidiaries to credit risks of the counterparty are basically represented by cash and bank deposits, financial investments, hedging instruments (see Note <span style="border-left: none; border-right: none;">5</span>), and trade receivables (see Note <span style="border-left: none; border-right: none;">6</span>).</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span>d.1 </span><span style="font-style: italic; font-weight: bold;">Credit risk of financial institutions </span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Such risk results from the inability of financial institutions to comply with their financial obligations to the Company and its subsidiaries due to insolvency. The Company and its subsidiaries regularly conduct a credit review of the institutions with which they hold cash and cash equivalents, financial investments, and hedging instruments through various methodologies that assess liquidity, solvency, leverage, portfolio quality, etc. Cash and cash equivalents, financial investments, and hedging instruments are held only with institutions with a solid credit history, chosen for safety and soundness. The volume of cash and cash equivalents, financial investments, and hedging instruments are subject to maximum limits by each institution and, therefore, require diversification of counterparties.</span></p>
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<td class="pgno" style="padding: 0px; text-align: center; height: 17px;"><span style="font-size: 10pt;" class="pageno">F-124</span></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<div style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultrapar&#160;Participa&#231;&#245;es&#160;S.A. and Subsidiaries</span></p>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Notes to the Consolidated Financial Statements</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">(In thousands of Brazilian&#160;Reais, unless otherwise stated)</span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span>d.2 </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Government credit risk</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The Company's policy allows investments in government securities from countries classified as investment grade AAA or </span><span style="font-family: 'Times New Roman';">a</span><span style="font-family: 'Times New Roman';">aa</span><span style="font-family: 'Times New Roman';"> by specialized credit rating agencies</span><span style="font-family: 'Times New Roman';"> (S&amp;P, </span><span style="font-family: 'Times New Roman';">Moody&#8217;s</span><span style="font-family: 'Times New Roman';"> and Fitch)</span><span style="font-family: 'Times New Roman';"> and in Brazilian government bonds. The volume of such financial investments is subject to maximum limits by each country and, therefore, requires diversification of counterparties.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The credit risk of </span><span style="font-family: 'Times New Roman';">financial institution and government of </span><span style="font-family: 'Times New Roman';">cash, cash equivalents and financial investments is summarized below:&#160;</span></span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 71.5021%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.23457%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
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<td colspan="4" style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 26.1318%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Fair value </span></p>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; border-bottom: 1pt solid #000000; width: 1.02881%;"><br/></td>
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<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Counterparty credit rating </span></p>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.23457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 11.9342%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; width: 1.23457%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.02881%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 11.9342%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 71.5021%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> AAA </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.23457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_AAAMember" name="ugp:CashCashEquivalentsAndFinancialInvestments" unitRef="BRL" id="Tag1778" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,606,000</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.23457%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_AAAMember" name="ugp:CashCashEquivalentsAndFinancialInvestments" unitRef="BRL" id="Tag342" decimals="-3" scale="3" format="ixt:num-dot-decimal">8,190,428</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 71.5021%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> AA </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.23457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_AAMember" name="ugp:CashCashEquivalentsAndFinancialInvestments" unitRef="BRL" id="Tag850" decimals="-3" scale="3" format="ixt:num-dot-decimal">740,879</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.23457%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_AAMember" name="ugp:CashCashEquivalentsAndFinancialInvestments" unitRef="BRL" id="Tag1474" decimals="-3" scale="3" format="ixt:num-dot-decimal">317,894</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 71.5021%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> A </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.23457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_AMember" name="ugp:CashCashEquivalentsAndFinancialInvestments" unitRef="BRL" id="Tag701" decimals="-3" scale="3" format="ixt:num-dot-decimal">116,594</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.23457%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_AMember" name="ugp:CashCashEquivalentsAndFinancialInvestments" unitRef="BRL" id="Tag1063" decimals="-3" scale="3" format="ixt:num-dot-decimal">163,838</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 71.5021%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.23457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ugp:CashCashEquivalentsAndFinancialInvestments" unitRef="BRL" id="Tag200" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,463,473</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.23457%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ugp:CashCashEquivalentsAndFinancialInvestments" unitRef="BRL" id="Tag1755" decimals="-3" scale="3" format="ixt:num-dot-decimal">8,672,160</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 1.02881%;"><br/></td>
</tr>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span>d.3 </span><span style="font-style: italic; font-weight: bold;">Customer credit risk</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The credit policy establishes the analysis of the profile of each new customer, individually, regarding their financial condition. The review carried out by the subsidiaries of the Company includes the evaluation of external ratings, when available, financial statements, credit bureau information, industry information and, when necessary, bank references. Credit limits are established for each customer and reviewed periodically, in a shorter period the greater the risk, depending on the approval of the responsible area in cases of sales that exceed these limits.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">In monitoring credit risk, customers are grouped according to their credit characteristics and depending on the business the grouping takes into account, for example, whether they are natural or legal clients, whether they are wholesalers, resellers or final customers, considering also the geographic area.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The expected of credit losses are calculated by the expected loss approach based on the probability of default rates. Loss rates are calculated on the basis of the average probability of a receivable amount to advance through successive stages of default until full write-off. The probability of default calculation takes into account a credit risk score for each exposure, based on data considered to be capable of foreseeing the risk of loss (external classifications, audited financial statements, cash flow projections, customer information available in the press, for example), with addition of the credit assessment based on experience.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span>Such credit risks are managed by each business unit through specific criteria for acceptance of customers and their credit rating and are additionally mitigated by the diversification of sales. <ix:nonFraction contextRef="D20211231_CustomerConcentrationsRiskMember_CustomerOneMember_BottomOfRangeMember" name="ugp:NumberOfCustomers" unitRef="Customer" id="Tag900" decimals="0" format="ixt-sec:numwordsen">No</ix:nonFraction> single customer or group accounts for more than <ix:nonFraction contextRef="D20211231_CustomerConcentrationsRiskMember_CustomerOneMember_BottomOfRangeMember" name="ifrs-full:PercentageOfEntitysRevenue" unitRef="Pure" id="Tag1760" decimals="2" scale="-2" format="ixt:num-dot-decimal">10</ix:nonFraction>% of total revenue.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The subsidiaries of the Company request guarantees related to trade receivables and other receivables in specific situations to customers, but these guarantees don&#8217;t influence in the calculation of risk of loss. </span></p>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<div style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Ultrapar&#160;Participa&#231;&#245;es&#160;S.A. and Subsidiaries</span></p>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Notes to the Consolidated Financial Statements</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">(In thousands of Brazilian&#160;Reais, unless otherwise stated)</span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The subsidiaries of the Company maintained the following loss allowance for expected credit losses balances on trade receivables:</span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<table cellpadding="0" style="height: 119px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%">
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9342%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.02881%; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.13169%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 12.037%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.02881%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Ipiranga </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_IpirangaMember" name="ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables" unitRef="BRL" id="Tag5153" decimals="-3" scale="3" format="ixt:num-dot-decimal">422,542</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.13169%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_IpirangaMember" name="ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables" unitRef="BRL" id="Tag3460" decimals="-3" scale="3" format="ixt:num-dot-decimal">447,389</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Ultragaz </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_UltragazMember" name="ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables" unitRef="BRL" id="Tag1505" decimals="-3" scale="3" format="ixt:num-dot-decimal">135,565</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.13169%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_UltragazMember" name="ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables" unitRef="BRL" id="Tag1496" decimals="-3" scale="3" format="ixt:num-dot-decimal">113,621</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Oxiteno (*) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_OxitenoMember" name="ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables" unitRef="BRL" id="Tag227" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.13169%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_OxitenoMember" name="ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables" unitRef="BRL" id="Tag1193" decimals="-3" scale="3" format="ixt:num-dot-decimal">16,430</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Extrafarma (*) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_ExtrafarmaMember" name="ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables" unitRef="BRL" id="Tag114" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.13169%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_ExtrafarmaMember" name="ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables" unitRef="BRL" id="Tag1781" decimals="-3" scale="3" format="ixt:num-dot-decimal">73</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Ultracargo </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_UltracargoMember" name="ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables" unitRef="BRL" id="Tag843" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,526</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.13169%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_UltracargoMember" name="ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables" unitRef="BRL" id="Tag1144" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,594</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables" unitRef="BRL" id="Tag5154" decimals="-3" scale="3" format="ixt:num-dot-decimal">559,633</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.13169%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables" unitRef="BRL" id="Tag671" decimals="-3" scale="3" format="ixt:num-dot-decimal">579,107</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 1.02881%; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<div id="Normadiv523" style="font-family: 'times new roman', times; font-size: 10pt;">
<div>
<div>
<div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">(*) <ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote82">On December 31, 2021 the balances were reclassified to assets of subsidiaries held for sale.</ix:footnote></span></p>
</div>
</div>
</div>
</div>
</div>
</ix:nonNumeric>
<p style="font-size: 11pt; line-height: 115%; margin: 2pt 0pt 10pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:DisclosureOfCreditRiskExposureExplanatory" id="Tag6914" escape="true">
<div style="border-right: none; border-left: none;">
<div id="Normadiv524" style="font-family: 'times new roman', times; font-size: 10pt;">
<div>
<div>
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The table below presents information about credit risk exposure, resulting from the additions of the balances of trade receivables and reseller financing:&#160;</span></p>
</div>
</div>
</div>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<table cellpadding="0" style="height: 132px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 28.9147%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td colspan="7" style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 33.9686%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; border-bottom: 1pt solid #000000; height: 17px; width: 0.9942%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 0.9942%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td colspan="7" style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 33.9686%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; border-bottom: 1pt solid #000000; width: 1.07705%; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 28.9147%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 10.0249%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Weighted average rate of losses </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 0.9942%; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 0.9942%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 10.0249%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Accounting balance </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 0.9942%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; width: 0.9942%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 9.942%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Provision for losses </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 0.9942%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 0.9942%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 10.0249%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Weighted average rate of losses </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 0.9942%; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 0.9942%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 10.0249%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Accounting balance </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 0.9942%; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; width: 0.9942%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 9.942%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Provision for losses </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 1.07705%; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; text-align: left; width: 28.9147%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: left;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_WeightedAverageMember_CurrentMember" name="ifrs-full:ExpectedCreditLossRate" unitRef="Pure" id="Tag632" decimals="3" scale="-2" format="ixt:num-dot-decimal">0.6</ix:nonFraction>% </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_CurrentMember" name="ugp:TradeAndOtherReceivablesGross" unitRef="BRL" id="Tag1108" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,901,536</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_CurrentMember" name="ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables" unitRef="BRL" id="Tag337" decimals="-3" scale="3" format="ixt:num-dot-decimal">23,476</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_WeightedAverageMember_CurrentMember" name="ifrs-full:ExpectedCreditLossRate" unitRef="Pure" id="Tag834" decimals="3" scale="-2" format="ixt:num-dot-decimal">1.2</ix:nonFraction>% </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_CurrentMember" name="ugp:TradeAndOtherReceivablesGross" unitRef="BRL" id="Tag1738" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,751,067</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_CurrentMember" name="ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables" unitRef="BRL" id="Tag7312" decimals="-3" scale="3" format="ixt:num-dot-decimal">44,091</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.07705%; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; text-align: left; width: 28.9147%;">
<p style="margin: 0pt; text-align: left;"><span> less than 30 days </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_WeightedAverageMember_NotLaterThanOneMonthMember" name="ifrs-full:ExpectedCreditLossRate" unitRef="Pure" id="Tag564" decimals="3" scale="-2" format="ixt:num-dot-decimal">7.3</ix:nonFraction>% </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_NotLaterThanOneMonthMember" name="ugp:TradeAndOtherReceivablesGross" unitRef="BRL" id="Tag1047" decimals="-3" scale="3" format="ixt:num-dot-decimal">109,284</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.942%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_NotLaterThanOneMonthMember" name="ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables" unitRef="BRL" id="Tag762" decimals="-3" scale="3" format="ixt:num-dot-decimal">8,005</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_WeightedAverageMember_NotLaterThanOneMonthMember" name="ifrs-full:ExpectedCreditLossRate" unitRef="Pure" id="Tag2032" decimals="3" scale="-2" format="ixt:num-dot-decimal">2.2</ix:nonFraction>% </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_NotLaterThanOneMonthMember" name="ugp:TradeAndOtherReceivablesGross" unitRef="BRL" id="Tag2036" decimals="-3" scale="3" format="ixt:num-dot-decimal">134,836</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.942%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_NotLaterThanOneMonthMember" name="ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables" unitRef="BRL" id="Tag776" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,939</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.07705%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; text-align: left; width: 28.9147%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: left;"><span> 31-60 days </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_WeightedAverageMember_LaterThanOneMonthAndNotLaterThanTwoMonthsMember" name="ifrs-full:ExpectedCreditLossRate" unitRef="Pure" id="Tag1764" decimals="3" scale="-2" format="ixt:num-dot-decimal">20.4</ix:nonFraction>% </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_LaterThanOneMonthAndNotLaterThanTwoMonthsMember" name="ugp:TradeAndOtherReceivablesGross" unitRef="BRL" id="Tag618" decimals="-3" scale="3" format="ixt:num-dot-decimal">57,545</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_LaterThanOneMonthAndNotLaterThanTwoMonthsMember" name="ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables" unitRef="BRL" id="Tag616" decimals="-3" scale="3" format="ixt:num-dot-decimal">11,746</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_WeightedAverageMember_LaterThanOneMonthAndNotLaterThanTwoMonthsMember" name="ifrs-full:ExpectedCreditLossRate" unitRef="Pure" id="Tag670" decimals="3" scale="-2" format="ixt:num-dot-decimal">8.2</ix:nonFraction>% </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_LaterThanOneMonthAndNotLaterThanTwoMonthsMember" name="ugp:TradeAndOtherReceivablesGross" unitRef="BRL" id="Tag5748" decimals="-3" scale="3" format="ixt:num-dot-decimal">43,207</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_LaterThanOneMonthAndNotLaterThanTwoMonthsMember" name="ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables" unitRef="BRL" id="Tag674" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,563</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.07705%; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; text-align: left; width: 28.9147%;">
<p style="margin: 0pt; text-align: left;"><span> 61-90 days </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_WeightedAverageMember_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember" name="ifrs-full:ExpectedCreditLossRate" unitRef="Pure" id="Tag737" decimals="3" scale="-2" format="ixt:num-dot-decimal">23.0</ix:nonFraction>% </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember" name="ugp:TradeAndOtherReceivablesGross" unitRef="BRL" id="Tag199" decimals="-3" scale="3" format="ixt:num-dot-decimal">39,177</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.942%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember" name="ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables" unitRef="BRL" id="Tag3466" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,016</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_WeightedAverageMember_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember" name="ifrs-full:ExpectedCreditLossRate" unitRef="Pure" id="Tag1195" decimals="3" scale="-2" format="ixt:num-dot-decimal">10.9</ix:nonFraction>% </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember" name="ugp:TradeAndOtherReceivablesGross" unitRef="BRL" id="Tag6779" decimals="-3" scale="3" format="ixt:num-dot-decimal">42,589</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.942%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember" name="ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables" unitRef="BRL" id="Tag827" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,630</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.07705%; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; text-align: left; width: 28.9147%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: left;"><span> 91-180 days </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 10.0249%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_WeightedAverageMember_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember" name="ifrs-full:ExpectedCreditLossRate" unitRef="Pure" id="Tag690" decimals="3" scale="-2" format="ixt:num-dot-decimal">49.1</ix:nonFraction>% </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 10.0249%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember" name="ugp:TradeAndOtherReceivablesGross" unitRef="BRL" id="Tag1720" decimals="-3" scale="3" format="ixt:num-dot-decimal">50,588</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember" name="ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables" unitRef="BRL" id="Tag800" decimals="-3" scale="3" format="ixt:num-dot-decimal">24,818</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 10.0249%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_WeightedAverageMember_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember" name="ifrs-full:ExpectedCreditLossRate" unitRef="Pure" id="Tag849" decimals="3" scale="-2" format="ixt:num-dot-decimal">36.8</ix:nonFraction>% </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 10.0249%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember" name="ugp:TradeAndOtherReceivablesGross" unitRef="BRL" id="Tag1712" decimals="-3" scale="3" format="ixt:num-dot-decimal">76,158</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember" name="ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables" unitRef="BRL" id="Tag846" decimals="-3" scale="3" format="ixt:num-dot-decimal">28,062</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.07705%; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; text-align: left; width: 28.9147%;">
<p style="margin: 0pt; text-align: left;"><span> more than 180 days </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 10.0249%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_WeightedAverageMember_LaterThanSixMonthsMember" name="ifrs-full:ExpectedCreditLossRate" unitRef="Pure" id="Tag828" decimals="3" scale="-2" format="ixt:num-dot-decimal">57.5</ix:nonFraction>% </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 10.0249%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_LaterThanSixMonthsMember" name="ugp:TradeAndOtherReceivablesGross" unitRef="BRL" id="Tag633" decimals="-3" scale="3" format="ixt:num-dot-decimal">838,532</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.942%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_LaterThanSixMonthsMember" name="ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables" unitRef="BRL" id="Tag1702" decimals="-3" scale="3" format="ixt:num-dot-decimal">482,572</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 10.0249%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_WeightedAverageMember_LaterThanSixMonthsMember" name="ifrs-full:ExpectedCreditLossRate" unitRef="Pure" id="Tag866" decimals="3" scale="-2" format="ixt:num-dot-decimal">55.7</ix:nonFraction>% </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 10.0249%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_LaterThanSixMonthsMember" name="ugp:TradeAndOtherReceivablesGross" unitRef="BRL" id="Tag685" decimals="-3" scale="3" format="ixt:num-dot-decimal">890,756</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.942%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_LaterThanSixMonthsMember" name="ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables" unitRef="BRL" id="Tag666" decimals="-3" scale="3" format="ixt:num-dot-decimal">495,822</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.07705%; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 28.9147%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 10.0249%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ugp:TradeAndOtherReceivablesGross" unitRef="BRL" id="Tag1726" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,996,662</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 9.942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables" unitRef="BRL" id="Tag814" decimals="-3" scale="3" format="ixt:num-dot-decimal">559,633</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 10.0249%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ugp:TradeAndOtherReceivablesGross" unitRef="BRL" id="Tag2259" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,938,613</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 9.942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables" unitRef="BRL" id="Tag307" decimals="-3" scale="3" format="ixt:num-dot-decimal">579,107</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 1.07705%; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ugp:DisclosureOfAllowanceForDoubtfulAccountsOnTradeReceivablesByGeographicAreaExplanatoryTextBlock" id="Tag567" escape="true">
<div id="Normadiv525" style="font-family: 'times new roman', times; font-size: 10pt;">
<div>
<div>
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The information about </span><span style="font-family: 'Times New Roman';">loss allowance for expected credit losses</span><span style="font-family: 'Times New Roman';"> balances by geographic area are as follows:</span></span></p>
</div>
</div>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<table cellpadding="0" style="height: 120px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9342%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.33745%; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.02881%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 12.037%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.02881%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Brazil </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_BR" name="ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables" unitRef="BRL" id="Tag1055" decimals="-3" scale="3" format="ixt:num-dot-decimal">559,532</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.33745%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_BR" name="ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables" unitRef="BRL" id="Tag826" decimals="-3" scale="3" format="ixt:num-dot-decimal">568,461</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> United States of America and Canada </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_UnitedStatesOfAmericaAndCanadaMember" name="ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables" unitRef="BRL" id="Tag1768" decimals="-3" scale="3" format="ixt:num-dot-decimal">3</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.33745%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_UnitedStatesOfAmericaAndCanadaMember" name="ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables" unitRef="BRL" id="Tag1194" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,146</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Other Latin America countries </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_OtherLatinAmericanCountriesMember" name="ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables" unitRef="BRL" id="Tag335" decimals="-3" scale="3" format="ixt:num-dot-decimal">15</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.33745%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_OtherLatinAmericanCountriesMember" name="ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables" unitRef="BRL" id="Tag1800" decimals="-3" scale="3" format="ixt:num-dot-decimal">271</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Europe </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_EuropeMember" name="ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables" unitRef="BRL" id="Tag1513" decimals="-3" scale="3" format="ixt:num-dot-decimal">66</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.33745%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_EuropeMember" name="ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables" unitRef="BRL" id="Tag623" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,120</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_OtherRegionsMember" name="ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables" unitRef="BRL" id="Tag1510" decimals="-3" scale="3" format="ixt:num-dot-decimal">17</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.33745%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_OtherRegionsMember" name="ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables" unitRef="BRL" id="Tag5726" decimals="-3" scale="3" format="ixt:num-dot-decimal">109</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%; height: 17px;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables" unitRef="BRL" id="Tag201" decimals="-3" scale="3" format="ixt:num-dot-decimal">559,633</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.33745%; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.02881%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables" unitRef="BRL" id="Tag1477" decimals="-3" scale="3" format="ixt:num-dot-decimal">579,107</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%; height: 18px;"><br/></td>
</tr>
</tbody>
</table>
</div>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">For </span><span style="font-family: 'Times New Roman';">more</span><span style="font-family: 'Times New Roman';"> information about the allowance for </span><span style="font-family: 'Times New Roman';">loss allowance for expected credit losses</span><span style="font-family: 'Times New Roman';">, see Notes</span><span style="font-family: 'Times New Roman';"> </span><span>6</span><span style="font-family: 'Times New Roman';">.a and </span><span>6</span><span style="font-family: 'Times New Roman';">.b.</span></span></p>
<ix:exclude>
<div>
<p style="margin: 0pt; text-align: right;"><br/></p>
<div>
<div style="border-left: none; border-right: none;">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-126</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<span style="font-family: 'Times New Roman'; font-size: 10pt;">Ultrapar<span style="font-family: 'times new roman', times; font-size: 10pt; text-align: justify;"> </span>Participa&#231;&#245;es<span style="font-family: 'times new roman', times; font-size: 10pt; text-align: justify;"> S.A. and Subsidiaries</span></span></div>
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Notes to the Consolidated Financial Statements </span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">(In thousands of Brazilian Reais, unless otherwise stated)</span></p>
</div>
</ix:exclude>
</div>
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span>d.4 Price risk</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The Company and its subsidiaries are exposed to commodity price risk, due the fluctuation in prices for diesel and gasoline, among others. These products are traded on the stock exchange and are subjected to the impacts of macroeconomic and geopolitical factors outside the control of the Company and its subsidiaries.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">To mitigate the risk of the fluctuation of diesel and gasoline prices, the Company and its subsidiaries permanently monitor the market, seeking to protection of price movements through hedge transactions for cargo purchased in the international market, used contracts of derivative for heating oil (diesel) and RBOB (gasoline) traded on the stock exchange.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:DisclosureOfDerivativeFinancialInstrumentsExplanatory" id="Tag6872" escape="true">
<div id="Normadiv526" style="font-family: 'times new roman', times; font-size: 10pt;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The table below shows the positions of derivative financial instruments to hedge commodity price risk at December 3<span style="border-left: none; border-right: none;">1</span>, <span style="border-left: none; border-right: none;">202</span><span style="border-left: none; border-right: none;">1</span>:</span></p>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<div style="border-left: none; border-right: none;">
<table cellpadding="0" style="height: 71px; border-collapse: collapse; margin: 0px 0px 0px 0.1px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px;" width="100%">
<tbody>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 8.26245%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Derivative </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.45808%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="5" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 23.6938%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Contract </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 19.4411%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">Notional amount (m <span style="font-size: 7pt;"><sup>3</sup></span></span><span style="font-family: 'Times New Roman'; font-weight: bold;">)</span></span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; width: 1.21507%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 19.4411%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Notional amount (USD thousands) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 19.5626%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Fair value (R$ thousands) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 8.26245%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.45808%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.68287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Position </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.45808%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.68287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Product </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.45808%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.41191%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Maturity </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 8.38396%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 8.38396%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.21507%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 8.38396%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 8.38396%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 8.50547%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.45808%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 8.50547%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 8.26245%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Term </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.45808%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 6.68287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Sold </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.45808%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 6.68287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Heating Oil </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.45808%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.41191%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> jan-22 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 8.38396%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_TermMember_CommodityPriceRiskMember_HeatingOilOneMember" name="ugp:DerivativeNonmonetaryNotionalAmountVolumeOne" unitRef="CubicMetre" id="Tag1730" decimals="0" format="ixt:num-dot-decimal">167,255</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 8.38396%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20201231_TermMember_CommodityPriceRiskMember_HeatingOilOneMember" name="ugp:DerivativeNonmonetaryNotionalAmountVolumeOne" unitRef="CubicMetre" id="Tag5152" decimals="0" format="ixt:num-dot-decimal">108,429</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.21507%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 8.38396%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20211231_TermMember_CommodityPriceRiskMember_HeatingOilOneMember" name="ifrs-full:NominalAmountOfHedgingInstrumentsInHedgingRelationshipsToWhichAmendmentsForInterestRateBenchmarkReformAreApplied" unitRef="USD" id="Tag1797" decimals="-3" scale="3" format="ixt:num-dot-decimal">103,148</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 8.38396%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20201231_TermMember_CommodityPriceRiskMember_HeatingOilOneMember" name="ifrs-full:NominalAmountOfHedgingInstrumentsInHedgingRelationshipsToWhichAmendmentsForInterestRateBenchmarkReformAreApplied" unitRef="USD" id="Tag2033" decimals="-3" scale="3" format="ixt:num-dot-decimal">42,399</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 8.50547%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20211231_TermMember_CommodityPriceRiskMember_HeatingOilOneMember" name="ifrs-full:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" unitRef="BRL" id="Tag631" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,269</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.45808%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 8.50547%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="I20201231_TermMember_CommodityPriceRiskMember_HeatingOilOneMember" name="ifrs-full:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" unitRef="BRL" id="Tag314" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">563</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.09356%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 8.26245%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Term </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.45808%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.68287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Sold </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.45808%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.68287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> RBOB </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.45808%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.41191%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> jan-22 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.38396%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20211231_TermMember_CommodityPriceRiskMember_RBOBMember" name="ugp:DerivativeNonmonetaryNotionalAmountVolumeOne" unitRef="CubicMetre" id="Tag1770" decimals="0" format="ixt:num-dot-decimal">29,413</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.38396%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="D20201231_TermMember_CommodityPriceRiskMember_RBOBMember" name="ugp:DerivativeNonmonetaryNotionalAmountVolumeOne" unitRef="CubicMetre" id="Tag3461" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21507%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.38396%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20211231_TermMember_CommodityPriceRiskMember_RBOBMember" name="ifrs-full:NominalAmountOfHedgingInstrumentsInHedgingRelationshipsToWhichAmendmentsForInterestRateBenchmarkReformAreApplied" unitRef="USD" id="Tag642" decimals="-3" scale="3" format="ixt:num-dot-decimal">17,112</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.38396%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20201231_TermMember_CommodityPriceRiskMember_RBOBMember" name="ifrs-full:NominalAmountOfHedgingInstrumentsInHedgingRelationshipsToWhichAmendmentsForInterestRateBenchmarkReformAreApplied" unitRef="USD" id="Tag1753" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.50547%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="I20211231_TermMember_CommodityPriceRiskMember_RBOBMember" name="ifrs-full:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" unitRef="BRL" id="Tag861" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">967</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.09356%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45808%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.50547%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20201231_TermMember_CommodityPriceRiskMember_RBOBMember" name="ifrs-full:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" unitRef="BRL" id="Tag809" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.26245%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45808%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.68287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45808%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.68287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45808%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.41191%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; background-color: #cceeff; width: 8.38396%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 17px; background-color: #cceeff; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; background-color: #cceeff; width: 8.38396%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 17px; background-color: #cceeff; width: 1.21507%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; background-color: #cceeff; width: 8.38396%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 17px; background-color: #cceeff; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; background-color: #cceeff; width: 8.38396%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 17px; background-color: #cceeff; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; width: 8.50547%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20211231_CommodityPriceRiskMember" name="ifrs-full:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" unitRef="BRL" id="Tag1029" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,302</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45808%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; width: 8.50547%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="I20201231_CommodityPriceRiskMember" name="ifrs-full:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" unitRef="BRL" id="Tag1714" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">563</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.09356%; margin: 0px; text-indent: 0px;">)</td>
</tr>
</tbody>
</table>
</div>
</div>
</ix:nonNumeric>
<ix:exclude>
<div>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<div>
<div style="border-left: none; border-right: none;">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-127</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: left;">Ultrapar<span style="font-size: 10pt; text-align: justify;"> </span>Participa&#231;&#245;es<span style="font-size: 10pt; text-align: justify;"> S.A. and Subsidiaries</span><br/></p>
</div>
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Notes to the Consolidated Financial Statements </span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">(In thousands of Brazilian Reais, unless otherwise stated)&#160;</span></p>
</div>
</ix:exclude>
</div>
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-style: italic; font-weight: bold;">e. </span><span style="font-style: italic; font-weight: bold;">Liquidity </span><span style="font-style: italic; font-weight: bold;">r</span><span style="font-style: italic; font-weight: bold;">isk</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The Company and its subsidiaries&#8217; main sources of liquidity derive from (i)&#160;cash, cash equivalents, and financial investments, (ii)&#160;cash generated from operations and (iii)&#160;financing. The Company and its subsidiaries believe that these sources are sufficient to satisfy their current funding requirements, which include, but are not limited to, working capital, capital expenditures, amortization of debt, and payment of dividends.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The Company and its subsidiaries periodically examine opportunities for acquisitions and investments. They consider different types of investments, either directly, through joint ventures, or through associated companies, and finance such investments using cash generated from operations, debt financing, through capital increases, or through a combination of these methods.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span>The Company and its subsidiaries believe to have sufficient working capital, sources of financing and income from continuing operation to meet their current needs. The gross indebtedness due over the next <span style="border-left: none; border-right: none;">twelve</span> months totals R$ <ix:nonFraction contextRef="I20211231_LaterThanOneYearMember" name="ifrs-full:Borrowings" unitRef="BRL" id="Tag883" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,605,377</ix:nonFraction>, including estimated interest on loans (for quantitative information, see Note <span style="border-left: none; border-right: none;">17</span>.a). Furthermore, the business investments made in <span style="border-left: none; border-right: none;">20</span><span style="border-left: none; border-right: none;">2</span><span style="border-left: none; border-right: none;">1</span> totaled R$ <ix:nonFraction contextRef="I20211231" name="ugp:InvestmentPlan" unitRef="BRL" id="Tag1155" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,883,839</ix:nonFraction>. On December 3<span style="border-left: none; border-right: none;">1</span>, <span style="border-left: none; border-right: none;">20</span><span style="border-left: none; border-right: none;">2</span><span style="border-left: none; border-right: none;">1</span>, the Company and its subsidiaries had R$ <ix:nonFraction contextRef="I20211231" name="ugp:CashCashEquivalentsAndShortTermFinancialInvestments" unitRef="BRL" id="Tag504" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,084,196</ix:nonFraction> in cash, cash equivalents, and short-term financial investments (for quantitative information, see Note <span style="border-left: none; border-right: none;">5</span>).&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:MaturityAnalysisForDerivativeFinancialLiabilities" id="Tag1867" escape="true">
<div style="border-right: none; border-left: none;">
<div id="Normadiv527" style="font-family: 'times new roman', times; font-size: 10pt;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The table below presents a summary of financial liabilities as of December 3<span style="border-left: none; border-right: none;">1</span>, <span style="border-left: none; border-right: none;">20</span><span style="border-left: none; border-right: none;">2</span><span style="border-left: none; border-right: none;">1</span> by the Company and its subsidiaries, listed by maturity. The amounts disclosed in this table are the contractual undiscounted cash outflows, and, therefore, these amounts &#8203;&#8203;may be different from the amounts disclosed on the balance sheet.&#160;</span></p>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<table cellpadding="0" style="height: 50px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Financial liabilities </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Less than <span style="border-left: none; border-right: none;">1</span> year </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span> Between 1 and 3 years </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span> Between 3 and 5 years </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span> More than 5 years </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 31%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Loans including future contractual interest <span style="font-size: 9pt;"><sup>(1) (2)</sup></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ugp:LoansIncludingFutureContractualInterest" unitRef="BRL" id="Tag772" decimals="-3" scale="3" format="ixt:num-dot-decimal">19,825,386</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_NotLaterThanOneYearMember" name="ugp:LoansIncludingFutureContractualInterest" unitRef="BRL" id="Tag1739" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,605,377</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_LaterThanOneYearAndNotLaterThanThreeYearsMember" name="ugp:LoansIncludingFutureContractualInterest" unitRef="BRL" id="Tag1717" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,081,235</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_LaterThanThreeYearsAndNotLaterThanFiveYearsMember" name="ugp:LoansIncludingFutureContractualInterest" unitRef="BRL" id="Tag1704" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,237,708</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_LaterThanFiveYearsMember" name="ugp:LoansIncludingFutureContractualInterest" unitRef="BRL" id="Tag636" decimals="-3" scale="3" format="ixt:num-dot-decimal">6,901,066</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Currency and interest rate hedging instruments<span style="font-size: 9pt;"><sup> (3)</sup></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ugp:CurrencyAndInterestRateHedgingInstruments" unitRef="BRL" id="Tag327" decimals="-3" scale="3" format="ixt:num-dot-decimal">747,861</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_NotLaterThanOneYearMember" name="ugp:CurrencyAndInterestRateHedgingInstruments" unitRef="BRL" id="Tag193" decimals="-3" scale="3" format="ixt:num-dot-decimal">214,846</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_LaterThanOneYearAndNotLaterThanThreeYearsMember" name="ugp:CurrencyAndInterestRateHedgingInstruments" unitRef="BRL" id="Tag326" decimals="-3" scale="3" format="ixt:num-dot-decimal">272,208</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_LaterThanThreeYearsAndNotLaterThanFiveYearsMember" name="ugp:CurrencyAndInterestRateHedgingInstruments" unitRef="BRL" id="Tag1731" decimals="-3" scale="3" format="ixt:num-dot-decimal">169,274</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_LaterThanFiveYearsMember" name="ugp:CurrencyAndInterestRateHedgingInstruments" unitRef="BRL" id="Tag1777" decimals="-3" scale="3" format="ixt:num-dot-decimal">91,533</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Trade payables </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:TradeAndOtherPayables" unitRef="BRL" id="Tag1771" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,789,954</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_NotLaterThanOneYearMember" name="ifrs-full:TradeAndOtherPayables" unitRef="BRL" id="Tag621" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,789,954</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_LaterThanOneYearAndNotLaterThanThreeYearsMember" name="ifrs-full:TradeAndOtherPayables" unitRef="BRL" id="Tag1748" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_LaterThanThreeYearsAndNotLaterThanFiveYearsMember" name="ifrs-full:TradeAndOtherPayables" unitRef="BRL" id="Tag629" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_LaterThanFiveYearsMember" name="ifrs-full:TradeAndOtherPayables" unitRef="BRL" id="Tag785" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Leases payable </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ugp:UndiscountedOperatingLeasePaymentsToBePaid" unitRef="BRL" id="Tag1715" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,145,602</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_NotLaterThanOneYearMember" name="ugp:UndiscountedOperatingLeasePaymentsToBePaid" unitRef="BRL" id="Tag1729" decimals="-3" scale="3" format="ixt:num-dot-decimal">304,007</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_LaterThanOneYearAndNotLaterThanThreeYearsMember" name="ugp:UndiscountedOperatingLeasePaymentsToBePaid" unitRef="BRL" id="Tag709" decimals="-3" scale="3" format="ixt:num-dot-decimal">505,547</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_LaterThanThreeYearsAndNotLaterThanFiveYearsMember" name="ugp:UndiscountedOperatingLeasePaymentsToBePaid" unitRef="BRL" id="Tag1763" decimals="-3" scale="3" format="ixt:num-dot-decimal">370,828</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_LaterThanFiveYearsMember" name="ugp:UndiscountedOperatingLeasePaymentsToBePaid" unitRef="BRL" id="Tag3463" decimals="-3" scale="3" format="ixt:num-dot-decimal">965,220</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
</tbody>
</table>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div style="border-left: none; border-right: none;">
<table style="width: 100%; margin: 0px; font-family: 'times new roman'; font-size: 10pt; text-indent: 0px; height: 78px;">
<tbody>
<tr style="height: 10px;">
<td style="width: 1%; text-align: justify; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top; height: 10px;" valign="top"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(</span><span style="border-left: none; border-right: none;">1</span><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="width: 99%; text-align: justify; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top; height: 10px;" valign="top"><span style="font-size: 10pt; font-family: 'times new roman', times;"><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote83">To calculate the estimated interest on loans some macroeconomic assumptions were used, including&#160;averaging&#160;for the period&#160;the following:&#160;(i) DI of&#160;<ix:nonFraction contextRef="D20211231_TwentyTwentyTwoMember" name="ugp:DiRate" unitRef="Pure" id="Tag645" decimals="4" scale="-2" format="ixt:num-dot-decimal">11.74</ix:nonFraction>%&#160;to&#160;2022&#160;and&#160;<ix:nonFraction contextRef="D20211231_TwentyTwentyThreeMember" name="ugp:DiRate" unitRef="Pure" id="Tag1143" decimals="4" scale="-2" format="ixt:num-dot-decimal">10.32</ix:nonFraction>%&#160;to&#160;2023;&#160;(ii) exchange rate of the&#160;Real&#160;against the U.S. dollar of&#160;R$&#160;<ix:nonFraction contextRef="D20211231_TwentyTwentyTwoMember" name="ifrs-full:AverageForeignExchangeRate" unitRef="BRL" id="Tag6806" decimals="2" format="ixt:num-dot-decimal">5.75</ix:nonFraction>&#160;in&#160;2022, R$&#160;<ix:nonFraction contextRef="D20211231_TwentyTwentyThreeMember" name="ifrs-full:AverageForeignExchangeRate" unitRef="BRL" id="Tag1690" decimals="2" format="ixt:num-dot-decimal">5.45</ix:nonFraction>&#160;in&#160;2023, R$&#160;<ix:nonFraction contextRef="D20211231_TwentyTwentyFourMember" name="ifrs-full:AverageForeignExchangeRate" unitRef="BRL" id="Tag875" decimals="2" format="ixt:num-dot-decimal">5.10</ix:nonFraction>&#160;in&#160;2024&#160;and R$&#160;<ix:nonFraction contextRef="D20211231_TwentyTwentyFiveMember" name="ifrs-full:AverageForeignExchangeRate" unitRef="BRL" id="Tag3458" decimals="2" format="ixt:num-dot-decimal">4.90</ix:nonFraction>&#160;as from&#160;2025;&#160;(iii) TJLP of&#160;<ix:nonFraction contextRef="D20211231_TwentyTwentyOneMember" name="ugp:TJLPRate" unitRef="Pure" id="Tag6805" decimals="4" scale="-2" format="ixt:num-dot-decimal">6.08</ix:nonFraction>%;&#160;(iv) IPCA of&#160;<ix:nonFraction contextRef="D20211231_TwentyTwentyTwoMember" name="ugp:IPCARate" unitRef="Pure" id="Tag1801" decimals="4" scale="-2" format="ixt:num-dot-decimal">5.11</ix:nonFraction>% in&#160;2022,&#160;<ix:nonFraction contextRef="D20211231_TwentyTwentyThreeMember" name="ugp:IPCARate" unitRef="Pure" id="Tag1772" decimals="4" scale="-2" format="ixt:num-dot-decimal">3.32</ix:nonFraction>%&#160;in&#160;2023,&#160;<ix:nonFraction contextRef="D20211231_TwentyTwentyFourMember" name="ugp:IPCARate" unitRef="Pure" id="Tag901" decimals="3" scale="-2" format="ixt:num-dot-decimal">3.1</ix:nonFraction>% in&#160;2024&#160;and&#160;<ix:nonFraction contextRef="D20211231_TwentyTwentyFiveMember" name="ugp:IPCARate" unitRef="Pure" id="Tag748" decimals="3" scale="-2" format="ixt:num-dot-decimal">3.0</ix:nonFraction>% as from&#160;2025.&#160;(source:&#160;B3, Bulletin Focus and financial institutions).</ix:footnote></span></td>
</tr>
<tr style="height: 17px;">
<td style="text-align: justify; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top; height: 17px;" valign="top"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(</span><span style="border-left: none; border-right: none;">2</span><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="text-align: justify; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top; height: 17px;" valign="top"><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote84">&#160;Includes estimated interest payments on short-term and long-term loans until the payment date.</ix:footnote></td>
</tr>
<tr style="height: 51px;">
<td style="text-align: justify; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top; height: 51px;" valign="top"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(</span><span style="border-left: none; border-right: none;">3</span><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="text-align: justify; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top; height: 51px;" valign="top"><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote85">The currency and interest rate hedging instruments were estimated based on projected U.S dollar futures contracts and the futures curves&#160;of DI x prefixed rate and&#160;DI&#160;x IPCA&#160;contracts&#160;quoted on&#160;B3&#160;on&#160;December&#160;31,&#160;2021&#160;and on the futures curve of&#160;LIBOR&#160;(ICE&#160;&#8211;&#160;Intercontinental&#160;Exchange)&#160;and commodities heating oil&#160;contracts quoted on&#160;New York Mercantile Exchange&#160;(&#8220;NYMEX&#8221;)&#160;on&#160;December 31,&#160;2021. In the table above, only the hedging instruments with negative results&#160;at the time of settlement were considered.</ix:footnote></td>
</tr>
</tbody>
</table>
</div>
</ix:nonNumeric>
<ix:exclude>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<div>
<div style="border-left: none; border-right: none;">
<table style="width: 100%; font-family: &quot;times new roman&quot;; font-size: 10pt; height: 17px;">
<tbody>
<tr style="height: 17px;">
<td class="pgno" style="padding: 0px; text-align: center; height: 17px;"><span style="font-size: 10pt;" class="pageno">F-128</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Ultrapar&#160;Participa&#231;&#245;es&#160;S.A. and Subsidiaries</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Notes to the Consolidated Financial Statements</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">(In thousands of Brazilian&#160;Reais, unless otherwise stated)</span></p>
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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><br/></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-style: italic; font-weight: bold;">f. </span><span style="font-style: italic; font-weight: bold;">Capital </span><span style="font-style: italic; font-weight: bold;">m</span><span style="font-style: italic; font-weight: bold;">anagement</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span>The Company manages its capital structure based on indicators and benchmarks. The key performance indicators related to the capital structure management are the weighted average cost of capital, net debt / EBITDA, interest coverage, and indebtedness / equity ratios. Net debt is composed of cash, cash equivalents, and financial investments (see Note 5) and loans, including debentures (see Note 17). The Company can change its capital structure depending on the economic and financial conditions, in order to optimize its financial leverage and capital management. The Company seeks to improve its return on invested capital by implementing efficient working capital management and a selective investment program.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-style: italic; font-weight: bold;">g. </span><span style="font-style: italic; font-weight: bold;">Selection and </span><span style="font-style: italic; font-weight: bold;">u</span><span style="font-style: italic; font-weight: bold;">se of </span><span style="font-style: italic; font-weight: bold;">f</span><span style="font-style: italic; font-weight: bold;">inancial </span><span style="font-style: italic; font-weight: bold;">i</span><span style="font-style: italic; font-weight: bold;">nstruments</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">In selecting financial investments and hedging instruments, an analysis is conducted to estimate rates of return, risks involved, liquidity, calculation methodology for the carrying value and fair value, and a review is conducted of any documentation applicable to the financial instruments. The financial instruments used to manage the financial resources of the Company and its subsidiaries are intended to preserve value and liquidity.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span>The Policy contemplates the use of derivative financial instruments only to cover identified risks and in amounts consistent with the risk (limited to <ix:nonFraction contextRef="D20211231_3" name="ugp:MaximumPercentageOfIdentifiedRiskToCoverByDerivativeFinancialInstruments" unitRef="Pure" id="Tag2030" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction>% of the identified risk). The risks identified in the Policy are described in the above sections and are subject to risk management. In accordance with the Policy, the Company and its subsidiaries can use forward contracts, Swaps, options, and futures contracts to manage identified risks. Leveraged derivative instruments are not permitted. Because the use of derivative financial instruments is limited to the coverage of identified risks, the Company and its subsidiaries use the term &#8220;hedging instruments&#8221; to refer to derivative financial instruments.</span></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-129</span></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Notes to the Consolidated Financial Statements</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)&#160;</span></p>
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<div>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The table below summarizes the position of hedging instruments entered by the Company and its subsidiaries:&#160;&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; text-decoration: underline;">Designated as hedge accounting</span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<table cellpadding="0" style="height: 0px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px; margin-left: 0.1px;" width="100%">
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<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Product </span></p>
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<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Hedged object </span></p>
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<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
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<td colspan="2" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Rates agreement </span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Maturity </span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
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<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Note </span></p>
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<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
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<td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">Notional amount <sup>1</sup></span></span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Fair value </span></p>
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<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
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<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Assets </span></p>
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<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Liabilities </span></p>
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<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
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<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
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<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
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<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
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<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
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<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; background-color: #cceeff; width: 17%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Foreign exchange swap </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 9%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Debt </span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 9%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DesignatedAsHedgeAccountingMember_ForeignExchangeSwapMember" name="ugp:AssetsInterestRateBasis" id="Tag1719" escape="true">USD + 4.65 %</ix:nonNumeric> </span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 9%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DesignatedAsHedgeAccountingMember_ForeignExchangeSwapMember" name="ugp:LiabilitiesInterestRateBasis" id="Tag1779" escape="true">104.87% DI</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 7%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DesignatedAsHedgeAccountingMember_ForeignExchangeSwapMember" name="ifrs-full:BorrowingsMaturity" id="Tag3462" escape="true">sep-23</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 5%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 33.h.1 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 9%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> USD <ix:nonFraction contextRef="I20211231_DesignatedAsHedgeAccountingMember_ForeignExchangeSwapMember" name="ifrs-full:NotionalAmount" unitRef="USD" id="Tag708" decimals="-3" scale="3" format="ixt:num-dot-decimal">125,000</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 9%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> USD <ix:nonFraction contextRef="I20201231_DesignatedAsHedgeAccountingMember_ForeignExchangeSwapMember" name="ifrs-full:NotionalAmount" unitRef="USD" id="Tag720" decimals="-3" scale="3" format="ixt:num-dot-decimal">185,000</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 7%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20211231_DesignatedAsHedgeAccountingMember_ForeignExchangeSwapMember" name="ifrs-full:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" unitRef="BRL" id="Tag860" decimals="-3" scale="3" format="ixt:num-dot-decimal">212,510</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 7%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20201231_DesignatedAsHedgeAccountingMember_ForeignExchangeSwapMember" name="ifrs-full:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" unitRef="BRL" id="Tag881" decimals="-3" scale="3" format="ixt:num-dot-decimal">298,889</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 1%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Foreign exchange swap </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Debt </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DesignatedAsHedgeAccountingMember_ForeignExchangeSwapOneMember" name="ugp:AssetsInterestRateBasis" id="Tag664" escape="true">USD + LIBOR-3M + 1.14%</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DesignatedAsHedgeAccountingMember_ForeignExchangeSwapOneMember" name="ugp:LiabilitiesInterestRateBasis" id="Tag770" escape="true">105.00% DI</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DesignatedAsHedgeAccountingMember_ForeignExchangeSwapOneMember" name="ifrs-full:BorrowingsMaturity" id="Tag5749" escape="true">jun-22</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 33.h.1 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> USD <ix:nonFraction contextRef="I20211231_DesignatedAsHedgeAccountingMember_ForeignExchangeSwapOneMember" name="ifrs-full:NotionalAmount" unitRef="USD" id="Tag1141" decimals="-3" scale="3" format="ixt:num-dot-decimal">50,000</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> USD <ix:nonFraction contextRef="I20201231_DesignatedAsHedgeAccountingMember_ForeignExchangeSwapOneMember" name="ifrs-full:NotionalAmount" unitRef="USD" id="Tag1159" decimals="-3" scale="3" format="ixt:num-dot-decimal">50,000</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20211231_DesignatedAsHedgeAccountingMember_ForeignExchangeSwapOneMember" name="ifrs-full:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" unitRef="BRL" id="Tag1140" decimals="-3" scale="3" format="ixt:num-dot-decimal">109,332</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20201231_DesignatedAsHedgeAccountingMember_ForeignExchangeSwapOneMember" name="ifrs-full:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" unitRef="BRL" id="Tag1723" decimals="-3" scale="3" format="ixt:num-dot-decimal">94,782</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 18px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Interest rate swap </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Debt </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DesignatedAsHedgeAccountingMember_InterestRateSwapContractMember" name="ugp:AssetsInterestRateBasis" id="Tag760" escape="true">4.59% + IPCA</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DesignatedAsHedgeAccountingMember_InterestRateSwapContractMember" name="ugp:LiabilitiesInterestRateBasis" id="Tag225" escape="true">102.00% DI</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DesignatedAsHedgeAccountingMember_InterestRateSwapContractMember" name="ifrs-full:BorrowingsMaturity" id="Tag1799" escape="true">sep-28</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 33.h.1 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> R$ <ix:nonFraction contextRef="I20211231_DesignatedAsHedgeAccountingMember_InterestRateSwapContractMember" name="ifrs-full:NotionalAmount" unitRef="BRL" id="Tag1711" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,266,054</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> R$ <ix:nonFraction contextRef="I20201231_DesignatedAsHedgeAccountingMember_InterestRateSwapContractMember" name="ifrs-full:NotionalAmount" unitRef="BRL" id="Tag1746" decimals="-3" scale="3" format="ixt:num-dot-decimal">806,054</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20211231_DesignatedAsHedgeAccountingMember_InterestRateSwapContractMember" name="ifrs-full:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" unitRef="BRL" id="Tag3457" decimals="-3" scale="3" format="ixt:num-dot-decimal">166,468</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20201231_DesignatedAsHedgeAccountingMember_InterestRateSwapContractMember" name="ifrs-full:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" unitRef="BRL" id="Tag1138" decimals="-3" scale="3" format="ixt:num-dot-decimal">203,837</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Interest rate swap </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Debt </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DesignatedAsHedgeAccountingMember_InterestRateSwapContractOneMember" name="ugp:AssetsInterestRateBasis" id="Tag874" escape="true">6.47%</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DesignatedAsHedgeAccountingMember_InterestRateSwapContractOneMember" name="ugp:LiabilitiesInterestRateBasis" id="Tag329" escape="true">99.94% DI</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DesignatedAsHedgeAccountingMember_InterestRateSwapContractOneMember" name="ifrs-full:BorrowingsMaturity" id="Tag6799" escape="true">nov-24</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 33.h.1 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> R$ <ix:nonFraction contextRef="I20211231_DesignatedAsHedgeAccountingMember_InterestRateSwapContractOneMember" name="ifrs-full:NotionalAmount" unitRef="BRL" id="Tag903" decimals="-3" scale="3" format="ixt:num-dot-decimal">90,000</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> R$ <ix:nonFraction contextRef="I20201231_DesignatedAsHedgeAccountingMember_InterestRateSwapContractOneMember" name="ifrs-full:NotionalAmount" unitRef="BRL" id="Tag561" decimals="-3" scale="3" format="ixt:num-dot-decimal">90,000</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="I20211231_DesignatedAsHedgeAccountingMember_InterestRateSwapContractOneMember" name="ifrs-full:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" unitRef="BRL" id="Tag870" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">9,044</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20201231_DesignatedAsHedgeAccountingMember_InterestRateSwapContractOneMember" name="ifrs-full:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" unitRef="BRL" id="Tag1498" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,498</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Term&#160;</span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Firm commitments </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DesignatedAsHedgeAccountingMember_TermMember" name="ugp:AssetsInterestRateBasis" id="Tag7329" escape="true">BRL</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DesignatedAsHedgeAccountingMember_TermMember" name="ugp:LiabilitiesInterestRateBasis" id="Tag1506" escape="true">Heating Oil</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DesignatedAsHedgeAccountingMember_TermMember" name="ifrs-full:BorrowingsMaturity" id="Tag1153" escape="true">jan-22</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 33.h.1 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> USD <ix:nonFraction contextRef="I20211231_DesignatedAsHedgeAccountingMember_TermMember" name="ifrs-full:NotionalAmount" unitRef="USD" id="Tag338" decimals="-3" scale="3" format="ixt:num-dot-decimal">120,260</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> USD <ix:nonFraction contextRef="I20201231_DesignatedAsHedgeAccountingMember_TermMember" name="ifrs-full:NotionalAmount" unitRef="USD" id="Tag736" decimals="-3" scale="3" format="ixt:num-dot-decimal">42,399</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20211231_DesignatedAsHedgeAccountingMember_TermMember" name="ifrs-full:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" unitRef="BRL" id="Tag6798" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,302</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="I20201231_DesignatedAsHedgeAccountingMember_TermMember" name="ifrs-full:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" unitRef="BRL" id="Tag1718" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">563</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> NDF </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Firm commitments </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DesignatedAsHedgeAccountingMember_NdfMember" name="ugp:AssetsInterestRateBasis" id="Tag739" escape="true">BRL</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DesignatedAsHedgeAccountingMember_NdfMember" name="ugp:LiabilitiesInterestRateBasis" id="Tag526" escape="true">USD</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DesignatedAsHedgeAccountingMember_NdfMember" name="ifrs-full:BorrowingsMaturity" id="Tag1732" escape="true">jan-22</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 33.h.1 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> USD <ix:nonFraction contextRef="I20211231_DesignatedAsHedgeAccountingMember_NdfMember" name="ifrs-full:NotionalAmount" unitRef="USD" id="Tag851" decimals="-3" scale="3" format="ixt:num-dot-decimal">68,361</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> USD <ix:nonFraction contextRef="I20201231_DesignatedAsHedgeAccountingMember_NdfMember" name="ifrs-full:NotionalAmount" unitRef="USD" id="Tag1725" decimals="-3" scale="3" format="ixt:num-dot-decimal">23,124</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="vertical-align: bottom; height: 10px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20211231_DesignatedAsHedgeAccountingMember_NdfMember" name="ifrs-full:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" unitRef="BRL" id="Tag7305" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,702</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="I20201231_DesignatedAsHedgeAccountingMember_NdfMember" name="ifrs-full:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" unitRef="BRL" id="Tag1701" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">733</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20211231_DesignatedAsHedgeAccountingMember" name="ifrs-full:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" unitRef="BRL" id="Tag41" decimals="-3" scale="3" format="ixt:num-dot-decimal">486,270</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20201231_DesignatedAsHedgeAccountingMember" name="ifrs-full:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" unitRef="BRL" id="Tag643" decimals="-3" scale="3" format="ixt:num-dot-decimal">599,710</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
</tbody>
</table>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<div id="Normadiv528" style="font-family: 'times new roman', times; font-size: 10pt;">
<div>
<div>
<div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold; text-decoration: underline;">Not designated as hedge accounting</span></p>
</div>
</div>
</div>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<table cellpadding="0" style="height: 0px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px; margin-left: 0.1px;" width="100%">
<tbody>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Product </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Hedged object </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td colspan="2" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Rates agreement </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Maturity </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">Notional amount <sup>1</sup></span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td colspan="4" style="padding-right: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; padding-left: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Fair value </span></p>
</td>
<td style="padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; padding-left: 0px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Assets </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Liabilities </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 17%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Foreign exchange swap </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 10%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Debt </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 10%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_NotDesignatedAsHedgeAccountingMember_ForeignExchangeSwapMember" name="ugp:AssetsInterestRateBasis" id="Tag6399" escape="true">USD + 0.18%</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 10%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_NotDesignatedAsHedgeAccountingMember_ForeignExchangeSwapMember" name="ugp:LiabilitiesInterestRateBasis" id="Tag669" escape="true">55.5% DI</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 8%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonNumeric contextRef="D20211231_NotDesignatedAsHedgeAccountingMember_ForeignExchangeSwapMember" name="ifrs-full:BorrowingsMaturity" id="Tag878" xsi:nil="true"></ix:nonNumeric>- </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 9%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20211231_NotDesignatedAsHedgeAccountingMember_ForeignExchangeSwapMember" name="ifrs-full:NotionalAmount" unitRef="USD" id="Tag1157" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 9%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> USD <ix:nonFraction contextRef="I20201231_NotDesignatedAsHedgeAccountingMember_ForeignExchangeSwapMember" name="ifrs-full:NotionalAmount" unitRef="USD" id="Tag6796" decimals="-3" scale="3" format="ixt:num-dot-decimal">320,000</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 8%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20211231_NotDesignatedAsHedgeAccountingMember_ForeignExchangeSwapMember" name="ifrs-full:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" unitRef="BRL" id="Tag229" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 8%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20211231_NotDesignatedAsHedgeAccountingMember_InterestRateSwapContractOneMember" name="ifrs-full:NotionalAmount" unitRef="BRL" id="Tag1762" decimals="-3" scale="3" format="ixt:num-dot-decimal">300,000</ix:nonFraction><ix:nonFraction contextRef="I20201231_NotDesignatedAsHedgeAccountingMember_ForeignExchangeSwapMember" name="ifrs-full:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" unitRef="BRL" id="Tag346" decimals="-3" scale="3" format="ixt:num-dot-decimal">519,260</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> NDF </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Firm commitments </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_NotDesignatedAsHedgeAccountingMember_NdfMember" name="ugp:AssetsInterestRateBasis" id="Tag7310" escape="true">USD</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_NotDesignatedAsHedgeAccountingMember_NdfMember" name="ugp:LiabilitiesInterestRateBasis" id="Tag1785" escape="true">BRL</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_NotDesignatedAsHedgeAccountingMember_NdfMember" name="ifrs-full:BorrowingsMaturity" id="Tag1744" escape="true">jun-22</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> USD <ix:nonFraction contextRef="I20211231_NotDesignatedAsHedgeAccountingMember_NdfMember" name="ifrs-full:NotionalAmount" unitRef="USD" id="Tag1783" decimals="-3" scale="3" format="ixt:num-dot-decimal">625,762</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> USD <ix:nonFraction contextRef="I20201231_NotDesignatedAsHedgeAccountingMember_NdfMember" name="ifrs-full:NotionalAmount" unitRef="USD" id="Tag953" decimals="-3" scale="3" format="ixt:num-dot-decimal">378,550</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="vertical-align: bottom; height: 10px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20211231_NotDesignatedAsHedgeAccountingMember_NdfMember" name="ifrs-full:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" unitRef="BRL" id="Tag620" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,463</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="I20201231_NotDesignatedAsHedgeAccountingMember_NdfMember" name="ifrs-full:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" unitRef="BRL" id="Tag702" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">112,152</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 13px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 13px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Interest rate swap </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 13px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Debt </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_NotDesignatedAsHedgeAccountingMember_InterestRateSwapContractMember" name="ugp:AssetsInterestRateBasis" id="Tag847" escape="true">2.67%</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_NotDesignatedAsHedgeAccountingMember_InterestRateSwapContractMember" name="ugp:LiabilitiesInterestRateBasis" id="Tag2034" escape="true">100% DI</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonNumeric contextRef="D20211231_NotDesignatedAsHedgeAccountingMember_InterestRateSwapContractMember" name="ifrs-full:BorrowingsMaturity" id="Tag783" xsi:nil="true"></ix:nonNumeric>- </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20211231_NotDesignatedAsHedgeAccountingMember_InterestRateSwapContractMember" name="ifrs-full:NotionalAmount" unitRef="BRL" id="Tag345" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 13px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> R$ <ix:nonFraction contextRef="I20201231_NotDesignatedAsHedgeAccountingMember_InterestRateSwapContractMember" name="ifrs-full:NotionalAmount" unitRef="BRL" id="Tag796" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,300,000</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 13px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="vertical-align: bottom; height: 13px; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20211231_NotDesignatedAsHedgeAccountingMember_InterestRateSwapContractMember" name="ifrs-full:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" unitRef="BRL" id="Tag197" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 13px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="I20201231_NotDesignatedAsHedgeAccountingMember_InterestRateSwapContractMember" name="ifrs-full:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" unitRef="BRL" id="Tag634" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">5</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 13px; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Interest rate swap&#160;</span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Debt </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_NotDesignatedAsHedgeAccountingMember_InterestRateSwapContractOneMember" name="ugp:AssetsInterestRateBasis" id="Tag1187" escape="true">5.25%</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_NotDesignatedAsHedgeAccountingMember_InterestRateSwapContractOneMember" name="ugp:LiabilitiesInterestRateBasis" id="Tag635" escape="true">DI - 1.36%</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_NotDesignatedAsHedgeAccountingMember_InterestRateSwapContractOneMember" name="ifrs-full:BorrowingsMaturity" id="Tag784" escape="true">jun-29</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> USD <ix:nonFraction contextRef="I20211231_NotDesignatedAsHedgeAccountingMember_InterestRateSwapContractOneMember" name="ifrs-full:NotionalAmount" unitRef="USD" id="Tag837" decimals="-3" scale="3" format="ixt:num-dot-decimal">300,000</ix:nonFraction></span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20201231_NotDesignatedAsHedgeAccountingMember_InterestRateSwapContractOneMember" name="ifrs-full:NotionalAmount" unitRef="USD" id="Tag501" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="vertical-align: bottom; height: 10px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="I20211231_NotDesignatedAsHedgeAccountingMember_InterestRateSwapContractOneMember" name="ifrs-full:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" unitRef="BRL" id="Tag1745" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">126,752</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20201231_NotDesignatedAsHedgeAccountingMember_InterestRateSwapContractOneMember" name="ifrs-full:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" unitRef="BRL" id="Tag644" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (<ix:nonFraction contextRef="I20211231_NotDesignatedAsHedgeAccountingMember" name="ifrs-full:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" unitRef="BRL" id="Tag825" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">123,289</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> <ix:nonFraction contextRef="I20201231_NotDesignatedAsHedgeAccountingMember" name="ifrs-full:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" unitRef="BRL" id="Tag694" decimals="-3" scale="3" format="ixt:num-dot-decimal">407,103</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
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</tbody>
</table>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
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<div id="Normadiv529" style="font-family: 'times new roman', times; font-size: 10pt;">
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<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><sup><span>(1) </span></sup><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote86">Currency as indicated.</ix:footnote></span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">All transactions mentioned above were properly registered with CETIP S.A.&#160; &#160;</span></p>
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<p style="margin: 0pt; text-align: right;"><br/></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-130</span></td>
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</table>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Ultrapar Participa&#231;&#245;es S.A. and Subsidiaries</span></p>
</div>
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Notes to the Consolidated Financial Statements </span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">(In thousands of Brazilian Reais, unless otherwise stated)</span></p>
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</ix:exclude>
</div>
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-style: italic; font-weight: bold;">h. </span><span style="font-style: italic; font-weight: bold;">Hedge </span><span style="font-style: italic; font-weight: bold;">a</span><span style="font-style: italic; font-weight: bold;">ccounting</span><span style="font-style: italic; font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The Company and its subsidiaries use derivative and non-derivative financial instruments for hedging purposes and test, throughout the duration of the hedge, their effectiveness, as well as the changes in their fair value. </span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span>h.1 Fair value hedge</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The Company and its subsidiaries designate as fair value hedges certain financial instruments used to offset the variations in interest and exchange rates, which are based on the market value of financing contracted in Brazilian Reais and U.S. dollars.&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:DisclosureOfDetailedInformationAboutHedgesExplanatory" id="Tag528" escape="true" continuedAt="c962a99af-3c19-4983-9c3a-8403519a207e">
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<div id="Normadiv530" style="font-family: 'times new roman', times; font-size: 10pt;">
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<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The foreign exchange hedging instruments designated as fair value hedge are:</span></p>
</div>
</div>
</div>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<table cellpadding="0" style="height: 102px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> In thousands, except the DI % </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 73%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Notional amount &#8211; US$ </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_ForeignExchangeHedgingInstrumentsMember" name="ifrs-full:NotionalAmount" unitRef="USD" id="Tag795" decimals="-3" scale="3" format="ixt:num-dot-decimal">175,000</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_ForeignExchangeHedgingInstrumentsMember" name="ifrs-full:NotionalAmount" unitRef="USD" id="Tag717" decimals="-3" scale="3" format="ixt:num-dot-decimal">235,000</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Result of hedging instruments &#8211; gain/(loss) &#8211; R$ </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_ForeignExchangeHedgingInstrumentsMember" name="ifrs-full:GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognisingHedgeIneffectiveness" unitRef="BRL" id="Tag1752" decimals="-3" scale="3" format="ixt:num-dot-decimal">21,812</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_ForeignExchangeHedgingInstrumentsMember" name="ifrs-full:GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognisingHedgeIneffectiveness" unitRef="BRL" id="Tag341" decimals="-3" scale="3" format="ixt:num-dot-decimal">574,378</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Fair value adjustment of debt &#8211; R$ </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_ForeignExchangeHedgingInstrumentsMember" name="ugp:GainLossRelatedToFairValueAdjustmentOfDebt" unitRef="BRL" id="Tag6401" decimals="-3" scale="3" format="ixt:num-dot-decimal">47,064</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_ForeignExchangeHedgingInstrumentsMember" name="ugp:GainLossRelatedToFairValueAdjustmentOfDebt" unitRef="BRL" id="Tag1742" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">13,131</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Finance expense in the statements of profit or loss &#8211; R$ </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_ForeignExchangeHedgingInstrumentsMember" name="ifrs-full:InterestExpenseOnFinancialLiabilitiesDesignatedAtFairValueThroughProfitOrLoss" unitRef="BRL" id="Tag905" decimals="-3" scale="3" format="ixt:num-dot-decimal">105,059</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_ForeignExchangeHedgingInstrumentsMember" name="ifrs-full:InterestExpenseOnFinancialLiabilitiesDesignatedAtFairValueThroughProfitOrLoss" unitRef="BRL" id="Tag316" decimals="-3" scale="3" format="ixt:num-dot-decimal">597,735</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Average effective cost &#8211; DI % </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_ForeignExchangeHedgingInstrumentsMember" name="ugp:PercentageOfAverageEffectiveCost" unitRef="Pure" id="Tag1789" decimals="3" scale="-2" format="ixt:num-dot-decimal">104.9</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_ForeignExchangeHedgingInstrumentsMember" name="ugp:PercentageOfAverageEffectiveCost" unitRef="Pure" id="Tag767" decimals="3" scale="-2" format="ixt:num-dot-decimal">104.1</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<p style="margin: 0pt; text-align: justify;"><span>For more information, see Note 17.c.1.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The interest rate hedging instruments designated as fair value hedge are:</span></p>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<table cellpadding="0" style="height: 102px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> In thousands, except the DI % </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 73%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Notional amount &#8211; US$ </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_InterestRateHedgingInstrumentsMember" name="ifrs-full:NotionalAmount" unitRef="USD" id="Tag761" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,226,054</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_InterestRateHedgingInstrumentsMember" name="ifrs-full:NotionalAmount" unitRef="USD" id="Tag648" decimals="-3" scale="3" format="ixt:num-dot-decimal">806,054</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Result of hedging instruments &#8211; gain/(loss) &#8211; R$&#160;</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_InterestRateHedgingInstrumentsMember" name="ifrs-full:GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognisingHedgeIneffectiveness" unitRef="BRL" id="Tag1191" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">17,922</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_InterestRateHedgingInstrumentsMember" name="ifrs-full:GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognisingHedgeIneffectiveness" unitRef="BRL" id="Tag672" decimals="-3" scale="3" format="ixt:num-dot-decimal">67,446</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fair value adjustment of debt &#8211; R$ </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_InterestRateHedgingInstrumentsMember" name="ugp:GainLossRelatedToFairValueAdjustmentOfDebt" unitRef="BRL" id="Tag838" decimals="-3" scale="3" format="ixt:num-dot-decimal">166,374</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_InterestRateHedgingInstrumentsMember" name="ugp:GainLossRelatedToFairValueAdjustmentOfDebt" unitRef="BRL" id="Tag527" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">18,446</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Finance expense in the statements of profit or loss &#8211; R$ </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_InterestRateHedgingInstrumentsMember" name="ifrs-full:InterestExpenseOnFinancialLiabilitiesDesignatedAtFairValueThroughProfitOrLoss" unitRef="BRL" id="Tag1507" decimals="-3" scale="3" format="ixt:num-dot-decimal">245,710</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_InterestRateHedgingInstrumentsMember" name="ifrs-full:InterestExpenseOnFinancialLiabilitiesDesignatedAtFairValueThroughProfitOrLoss" unitRef="BRL" id="Tag944" decimals="-3" scale="3" format="ixt:num-dot-decimal">99,555</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Average effective cost &#8211; DI % </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_InterestRateHedgingInstrumentsMember" name="ugp:PercentageOfAverageEffectiveCost" unitRef="Pure" id="Tag863" decimals="3" scale="-2" format="ixt:num-dot-decimal">102.0</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_InterestRateHedgingInstrumentsMember" name="ugp:PercentageOfAverageEffectiveCost" unitRef="Pure" id="Tag1724" decimals="3" scale="-2" format="ixt:num-dot-decimal">95.8</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<div id="Normadiv531" style="font-family: 'times new roman', times; font-size: 10pt;">
<div>
<div>
<div>
<p style="margin: 0pt; text-align: justify;"><span>For more information, see Notes 17.f.2, 17.f.4, 17.f.6, 17.f.8, 17.f.9 and f.10.</span></p>
</div>
</div>
</div>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<table cellpadding="0" style="height: 102px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> In thousands, except the DI % </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 73%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Notional amount &#8211; US$ </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:NotionalAmount" unitRef="USD" id="Tag1758" decimals="-3" scale="3" format="ixt:num-dot-decimal">90,000</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:NotionalAmount" unitRef="USD" id="Tag1512" decimals="-3" scale="3" format="ixt:num-dot-decimal">90,000</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Result of hedging instruments &#8211; gain/(loss) &#8211; R$ </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognisingHedgeIneffectiveness" unitRef="BRL" id="Tag6797" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">10,088</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ifrs-full:GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognisingHedgeIneffectiveness" unitRef="BRL" id="Tag687" decimals="-3" scale="3" format="ixt:num-dot-decimal">6,528</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fair value adjustment of debt &#8211; R$ </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ugp:GainLossRelatedToFairValueAdjustmentOfDebt" unitRef="BRL" id="Tag7307" decimals="-3" scale="3" format="ixt:num-dot-decimal">11,756</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ugp:GainLossRelatedToFairValueAdjustmentOfDebt" unitRef="BRL" id="Tag653" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,250</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Finance expense in the statements of profit or loss &#8211; R$ </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_3" name="ifrs-full:InterestExpenseOnFinancialLiabilitiesDesignatedAtFairValueThroughProfitOrLoss" unitRef="BRL" id="Tag810" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,914</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_3" name="ifrs-full:InterestExpenseOnFinancialLiabilitiesDesignatedAtFairValueThroughProfitOrLoss" unitRef="BRL" id="Tag1109" decimals="-3" scale="3" format="ixt:num-dot-decimal">8,968</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Average effective cost &#8211; DI % </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_3" name="ugp:PercentageOfAverageEffectiveCost" unitRef="Pure" id="Tag2031" decimals="3" scale="-2" format="ixt:num-dot-decimal">99.9</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_3" name="ugp:PercentageOfAverageEffectiveCost" unitRef="Pure" id="Tag877" decimals="3" scale="-2" format="ixt:num-dot-decimal">99.9</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">For more information, see Note </span><span>17</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';">f</span><span>.7.</span></span></p>
</ix:nonNumeric>
<div style="border-left: none; border-right: none;">
<ix:exclude>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<div>
<div style="border-left: none; border-right: none;">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-131</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</span>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><br/></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Notes to the Consolidated Financial Statements</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)&#160;</span></p>
</ix:exclude>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The foreign exchange hedging instruments and commodities designated as fair value hedge are as described below</span><span style="font-family: 'Times New Roman';"> and are concentrated in subsidiary IPP</span><span style="font-family: 'Times New Roman';">. The purpose of this relationship is to transform the cost of the imported product from fixed to variable until the moment of blend the fuel, as occurs with the price practiced in its sales. The I</span><span style="font-family: 'Times New Roman';">PP</span><span style="font-family: 'Times New Roman';"> realizes these operations with over-the-counter derivatives that are designated in a hedge accou</span><span style="font-family: 'Times New Roman';">n</span><span style="font-family: 'Times New Roman';">ting relationship, as a fair value hedge in an amount equivalent to the inventories of imported product.&#160;</span></span></p>
</div>
<ix:continuation id="c962a99af-3c19-4983-9c3a-8403519a207e">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<table cellpadding="0" style="height: 54px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80.0001%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> In thousands </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 73%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Notional amount &#8211; US$ </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_IpirangaMember" name="ifrs-full:NotionalAmount" unitRef="USD" id="Tag6809" decimals="-3" scale="3" format="ixt:num-dot-decimal">188,621</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_IpirangaMember" name="ifrs-full:NotionalAmount" unitRef="USD" id="Tag811" decimals="-3" scale="3" format="ixt:num-dot-decimal">65,523</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Result of hedging instruments &#8211; gain/(loss) &#8211; R$ </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_IpirangaMember_1" name="ifrs-full:GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognisingHedgeIneffectiveness" unitRef="BRL" id="Tag907" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">129,670</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_IpirangaMember_1" name="ifrs-full:GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognisingHedgeIneffectiveness" unitRef="BRL" id="Tag331" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">87,448</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fair value adjustment of inventories &#8211; R$ </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_IpirangaMember_1" name="ugp:GainLossRelatedToFairValueAdjustmentOfInventories" unitRef="BRL" id="Tag908" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">4,352</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_IpirangaMember_1" name="ugp:GainLossRelatedToFairValueAdjustmentOfInventories" unitRef="BRL" id="Tag941" decimals="-3" scale="3" format="ixt:num-dot-decimal">18,468</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
</tbody>
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</ix:continuation>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span>h.2 Cash flow hedge</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The Company and its subsidiaries designate, as cash flow hedge</span><span style="font-family: 'Times New Roman';"> for protection against variations arising from exchange rate changes</span><span style="font-family: 'Times New Roman';">, derivative financial instruments to </span><span style="font-family: 'Times New Roman';">hedge</span><span style="font-family: 'Times New Roman';"> firm commitments and non-derivative financial instruments to </span><span style="font-family: 'Times New Roman';">hedge</span><span style="font-family: 'Times New Roman';"> highly probable future transactions.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">On </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, <span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">the notional amount of foreign exchange hedging instruments for highly probable future transactions designated as </span><span style="font-family: 'Times New Roman';">cash flow</span><span style="font-family: 'Times New Roman';"> hedge</span><span style="font-family: 'Times New Roman';">, related to</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">notes in the foreign market </span><span style="font-family: 'Times New Roman';">totaled US$ </span><span><ix:nonFraction contextRef="I20211231" name="ugp:NotionalAmountOfForeignExchangeHedgingInstrumentsForHighlyProbableFutureTransactionsDesignatedAsCashFlowHedgeRelatedToNotesInForeignMarket" unitRef="USD" id="Tag902" decimals="-3" scale="3" format="ixt:num-dot-decimal">386,787</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> (US$ </span><span><ix:nonFraction contextRef="I20201231" name="ugp:NotionalAmountOfForeignExchangeHedgingInstrumentsForHighlyProbableFutureTransactionsDesignatedAsCashFlowHedgeRelatedToNotesInForeignMarket" unitRef="USD" id="Tag3464" decimals="-3" scale="3" format="ixt:num-dot-decimal">468,215</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> on December 31, 20</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">On </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, <span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">the</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">unrealized </span><span style="font-family: 'Times New Roman';">gain</span><span style="font-family: 'Times New Roman';"> of</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">&#8220;</span><span style="font-family: 'Times New Roman';">Other comprehensive income</span><span style="font-family: 'Times New Roman';">&#8221;</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">is</span><span style="font-family: 'Times New Roman';"> R</span><span style="font-family: 'Times New Roman';">$&#160;</span><span><ix:nonFraction contextRef="D20211231_3" name="ugp:CashFlowHedgeUnrealizedGainLossOfOtherComprehensiveIncomeNetRelatedToNotesInForeignMarket" unitRef="BRL" id="Tag6804" decimals="-3" scale="3" format="ixt:num-dot-decimal">7,880</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">(</span><span style="font-family: 'Times New Roman';">loss of R$ </span><span><ix:nonFraction contextRef="D20201231_3" name="ugp:CashFlowHedgeUnrealizedGainLossOfOtherComprehensiveIncomeNetRelatedToNotesInForeignMarket" unitRef="BRL" id="Tag942" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">315,403</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> on December 31, 20</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';">, net of deferred </span><span style="font-family: 'Times New Roman';">IRPJ and CSLL</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';"> The impacts and balances of cash flow hedge are reco</span><span style="font-family: 'Times New Roman';">gnized at </span><span style="font-family: 'Times New Roman';">Oxiteno</span><span style="font-family: 'Times New Roman';">, a group company that was reclassified as held for sale and discontinued operations.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span>h.3 Net investment hedge in foreign entities</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The Company and its subsidiaries designate, as net investment</span><span style="font-family: 'Times New Roman';"> hedge </span><span style="font-family: 'Times New Roman';">in foreign entities, </span><span style="font-family: 'Times New Roman';">notes in the foreign market</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">for hedging net investment in foreign entities,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">to offset </span><span style="font-family: 'Times New Roman';">changes</span><span style="font-family: 'Times New Roman';"> in exchange rates.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">On </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';"> the balance of </span><span style="font-family: 'Times New Roman';">foreign </span><span style="font-family: 'Times New Roman';">exchange hedging instruments designated as net investments </span><span style="font-family: 'Times New Roman';">hedge </span><span style="font-family: 'Times New Roman';">in foreign entities, related to </span><span style="font-family: 'Times New Roman';">part of </span><span style="font-family: 'Times New Roman';">the investments made in entities </span><span style="font-family: 'Times New Roman';">which</span><span style="font-family: 'Times New Roman';"> functional currency </span><span style="font-family: 'Times New Roman';">is </span><span style="font-family: 'Times New Roman';">other than the Brazilian Real, totaled US$ </span><span><ix:nonFraction contextRef="I20211231" name="ugp:BalanceOfForeignExchangeHedgingInstrumentsDesignatedAsNetInvestmentsHedgeInForeignEntities" unitRef="USD" id="Tag771" decimals="-3" scale="3" format="ixt:num-dot-decimal">95,000</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> (US$ </span><span><ix:nonFraction contextRef="I20201231" name="ugp:BalanceOfForeignExchangeHedgingInstrumentsDesignatedAsNetInvestmentsHedgeInForeignEntities" unitRef="USD" id="Tag1767" decimals="-3" scale="3" format="ixt:num-dot-decimal">95,000</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> on December 31, 20</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">being recognized a loss in &#8220;Other comprehensive income&#8221; of R$</span><span> <ix:nonFraction contextRef="D20211231_3" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations" unitRef="BRL" id="Tag747" decimals="-3" scale="3" format="ixt:num-dot-decimal">24,064</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> on </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, <span style="border-left: none; border-right: none;">2021</span> (loss of R$</span><span style="font-family: 'Times New Roman';"> </span><span><ix:nonFraction contextRef="D20201231_3" name="ifrs-full:OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations" unitRef="BRL" id="Tag675" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">73,108</ix:nonFraction> on December 31, 2020), net of </span><span style="font-family: 'Times New Roman';">deferred income and social contribution taxes</span><span style="font-family: 'Times New Roman';">. The effects of exchange variation on investments and notes in the foreign market were offset in shareholders' equity.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';"><span style="font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; color: #212121; font-family: 'Times New Roman';">The impacts and balances of<span>&#160;</span></span><span style="font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; color: #212121; font-family: 'Times New Roman';">net investments hedge in foreign<span>&#160;</span></span><span style="font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; color: #212121; font-family: 'Times New Roman';">are recognized at<span>&#160;</span>Oxiteno, a group company that was reclassified as held for sale and discontinued operations</span><br/></span></span></p>
<ix:exclude>
<p style="margin: 0pt; text-align: justify;"><br/></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-132</span></td>
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</tbody>
</table>
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<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Notes to the Consolidated Financial Statements</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></p>
</ix:exclude>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="font-size: 11pt; line-height: 115%; margin: 2pt 0pt 10pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">i. Gains (losses) on </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">h</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">edging </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">i</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">nstruments</span></span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ugp:SummaryOfValueOfGainsLossesRecognizedTableTextBlock" id="Tag404" escape="true">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The following tables summarize the value of gains (losses) recognized, which affected the equity of the Company and its subsidiaries:</span></p>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<div style="border-right: none; border-left: none;">
<table cellpadding="0" style="height: 112px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="4" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 26.1317%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9342%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Profit (loss)</span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.02881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.13169%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 12.037%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Equity </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 72.7366%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> a &#8211; Currency swaps&#160;receivable in U.S. dollars (i) and (ii) and commodities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9342%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_ProfitOrLossMember_ExchangeRateSwapReceivableInUSDollarsAndCommoditiesMember" name="ifrs-full:GainsLossesOnHedgingInstrument" unitRef="BRL" id="Tag899" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">205,680</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13169%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12.037%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_HedgingInstrumentEquityMember_ExchangeRateSwapReceivableInUSDollarsAndCommoditiesMember" name="ifrs-full:GainsLossesOnHedgingInstrument" unitRef="BRL" id="Tag6868" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> b &#8211; Interest rate swaps in R$ (iii) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_ProfitOrLossMember_InterestRateSwapsBrlMember" name="ifrs-full:GainsLossesOnHedgingInstrument" unitRef="BRL" id="Tag1798" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">101,488</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.13169%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_HedgingInstrumentEquityMember_InterestRateSwapsBrlMember" name="ifrs-full:GainsLossesOnHedgingInstrument" unitRef="BRL" id="Tag309" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> c &#8211; Non-derivative financial instruments (iv) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9342%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20211231_ProfitOrLossMember_NonDerivativeFinancialInstrumentsMember" name="ifrs-full:GainsLossesOnHedgingInstrument" unitRef="BRL" id="Tag724" decimals="-3" scale="3" format="ixt:num-dot-decimal">21,547</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.13169%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_HedgingInstrumentEquityMember_NonDerivativeFinancialInstrumentsMember" name="ifrs-full:GainsLossesOnHedgingInstrument" unitRef="BRL" id="Tag6396" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">753,655</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_ProfitOrLossMember" name="ifrs-full:GainsLossesOnHedgingInstrument" unitRef="BRL" id="Tag697" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">285,621</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.13169%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20211231_HedgingInstrumentEquityMember" name="ifrs-full:GainsLossesOnHedgingInstrument" unitRef="BRL" id="Tag1508" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">753,655</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%;">)</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<table cellpadding="0" style="height: 92px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="4" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 26.1317%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9342%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Profit (loss)</span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.02881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.13169%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 12.037%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Equity </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 72.7366%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> a &#8211; Currency swaps&#160;receivable in U.S. dollars (i) and (ii) and commodities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9342%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_ProfitOrLossMember_ExchangeRateSwapReceivableInUSDollarsAndCommoditiesMember" name="ifrs-full:GainsLossesOnHedgingInstrument" unitRef="BRL" id="Tag625" decimals="-3" scale="3" format="ixt:num-dot-decimal">497,210</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13169%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12.037%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_HedgingInstrumentEquityMember_ExchangeRateSwapReceivableInUSDollarsAndCommoditiesMember" name="ifrs-full:GainsLossesOnHedgingInstrument" unitRef="BRL" id="Tag5149" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.02881%; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> b &#8211; Currency swaps&#160;payable in U.S. dollars (ii) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_ProfitOrLossMember_ExchangeRateDerivatesPayableInUSDollarsMember" name="ifrs-full:GainsLossesOnHedgingInstrument" unitRef="BRL" id="Tag820" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">330,999</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.02881%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13169%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_HedgingInstrumentEquityMember_ExchangeRateDerivatesPayableInUSDollarsMember" name="ifrs-full:GainsLossesOnHedgingInstrument" unitRef="BRL" id="Tag5756" decimals="-3" scale="3" format="ixt:num-dot-decimal">80</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> c &#8211; Interest rate swaps in R$ (iii) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_ProfitOrLossMember_InterestRateSwapsBrlMember" name="ifrs-full:GainsLossesOnHedgingInstrument" unitRef="BRL" id="Tag698" decimals="-3" scale="3" format="ixt:num-dot-decimal">58,131</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.02881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.13169%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20201231_HedgingInstrumentEquityMember_InterestRateSwapsBrlMember" name="ifrs-full:GainsLossesOnHedgingInstrument" unitRef="BRL" id="Tag1728" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> d &#8211; Non-derivative financial instruments (iv) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_ProfitOrLossMember_NonDerivativeFinancialInstrumentsMember" name="ifrs-full:GainsLossesOnHedgingInstrument" unitRef="BRL" id="Tag799" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">919,219</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.02881%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13169%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_HedgingInstrumentEquityMember_NonDerivativeFinancialInstrumentsMember" name="ifrs-full:GainsLossesOnHedgingInstrument" unitRef="BRL" id="Tag1046" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">737,471</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.02881%;">)</td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; background-color: #cceeff; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_ProfitOrLossMember" name="ifrs-full:GainsLossesOnHedgingInstrument" unitRef="BRL" id="Tag1710" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">694,877</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.02881%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.13169%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20201231_HedgingInstrumentEquityMember" name="ifrs-full:GainsLossesOnHedgingInstrument" unitRef="BRL" id="Tag640" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">737,391</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.02881%;">)</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<table cellpadding="0" style="height: 112px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="4" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 26.1317%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2019 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9342%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Profit or loss </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.02881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.13169%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 12.037%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Equity </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 72.7366%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> a &#8211; Currency swaps&#160;receivable in U.S. dollars (i) and (ii) and commodities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9342%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_ProfitOrLossMember_ExchangeRateSwapReceivableInUSDollarsAndCommoditiesMember" name="ifrs-full:GainsLossesOnHedgingInstrument" unitRef="BRL" id="Tag1795" decimals="-3" scale="3" format="ixt:num-dot-decimal">230,000</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13169%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12.037%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_HedgingInstrumentEquityMember_ExchangeRateSwapReceivableInUSDollarsAndCommoditiesMember" name="ifrs-full:GainsLossesOnHedgingInstrument" unitRef="BRL" id="Tag1090" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.02881%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> b &#8211; Currency swaps&#160;payable in U.S. dollars (ii) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_ProfitOrLossMember_ExchangeRateDerivatesPayableInUSDollarsMember" name="ifrs-full:GainsLossesOnHedgingInstrument" unitRef="BRL" id="Tag655" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">1,667</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.13169%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_HedgingInstrumentEquityMember_ExchangeRateDerivatesPayableInUSDollarsMember" name="ifrs-full:GainsLossesOnHedgingInstrument" unitRef="BRL" id="Tag857" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">80</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> c &#8211; Interest rate swaps in R$ (iii) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_ProfitOrLossMember_InterestRateSwapsBrlMember" name="ifrs-full:GainsLossesOnHedgingInstrument" unitRef="BRL" id="Tag562" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">4,035</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.13169%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="D20191231_HedgingInstrumentEquityMember_InterestRateSwapsBrlMember" name="ifrs-full:GainsLossesOnHedgingInstrument" unitRef="BRL" id="Tag654" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> d &#8211; Non-derivative financial instruments (iv) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_ProfitOrLossMember_NonDerivativeFinancialInstrumentsMember" name="ifrs-full:GainsLossesOnHedgingInstrument" unitRef="BRL" id="Tag318" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">262,098</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.13169%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_HedgingInstrumentEquityMember_NonDerivativeFinancialInstrumentsMember" name="ifrs-full:GainsLossesOnHedgingInstrument" unitRef="BRL" id="Tag854" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">348,959</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_ProfitOrLossMember" name="ifrs-full:GainsLossesOnHedgingInstrument" unitRef="BRL" id="Tag880" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">37,800</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.13169%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="D20191231_HedgingInstrumentEquityMember" name="ifrs-full:GainsLossesOnHedgingInstrument" unitRef="BRL" id="Tag565" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">349,039</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;">)</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div style="border-left: none; border-right: none;">
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td style="width: 1%; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(i)</span></td>
<td style="width: 98%; vertical-align: top;" valign="top"><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote88"><span style="font-family: 'Times New Roman';">D</span><span style="font-family: 'Times New Roman';">oes not consider the effect of exchange rate variation of exchange&#160;</span><span style="font-family: 'Times New Roman';">S</span><span style="font-family: 'Times New Roman';">waps receivable in U</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';">S</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';">&#160;dollars when this effect is offset in the gain or loss of the hedged item (debt</span><span style="font-family: 'Times New Roman';">/</span><span style="font-family: 'Times New Roman';">firm commitments</span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';">.</span></ix:footnote></td>
</tr>
<tr>
<td valign="top" style="vertical-align: top;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(ii)</span></td>
<td valign="top" style="vertical-align: top;"><span style="font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote89" continuedAt="ca69e9d14-1c73-400b-b569-4edc79e67735">Considers the designation effect of foreign exchange hedging</ix:footnote></span><ix:continuation id="ca69e9d14-1c73-400b-b569-4edc79e67735"><span style="font-family: 'Times New Roman';">.</span></ix:continuation></span></td>
</tr>
<tr>
<td valign="top" style="vertical-align: top;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(iii)</span></td>
<td valign="top" style="vertical-align: top;"><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote90"><span style="font-family: 'Times New Roman';">C</span><span style="font-family: 'Times New Roman';">onsiders&#160;the designation effect of interest rate hedging in Brazilian&#160;Reais</span><span style="font-family: 'Times New Roman';">; and</span></ix:footnote></td>
</tr>
<tr>
<td valign="top" style="vertical-align: top;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(iv)</span><br/></td>
<td valign="top" style="vertical-align: top;"><span style="font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote91" continuedAt="ce1bad488-0ac1-4af9-8d29-26b390e50e86">Considers the&#160;</ix:footnote></span><ix:continuation id="ce1bad488-0ac1-4af9-8d29-26b390e50e86"><span style="font-family: 'Times New Roman';">results</span><span style="font-family: 'Times New Roman';">&#160;of notes in&#160;</span><span style="font-family: 'Times New Roman';">the&#160;</span><span style="font-family: 'Times New Roman';">foreign market</span><span style="font-family: 'Times New Roman';">&#160;(for&#160;</span><span style="font-family: 'Times New Roman';">more</span><span style="font-family: 'Times New Roman';">&#160;information see Note&#160;</span><span>17</span><span style="font-family: 'Times New Roman';">.b).</span></ix:continuation></span></td>
</tr>
</tbody>
</table>
</div>
</ix:nonNumeric>
<div style="border-right: none; border-left: none;">
<ix:exclude>
<div style="border-right: none; border-left: none;">
<p style="margin: 2pt 0pt 0pt 7.1pt; text-align: justify; text-indent: -7.1pt;"><br/></p>
</div>
<div>
<div style="border-left: none; border-right: none;">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-133</span></td>
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</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A. and Subsidiaries</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Notes to the Consolidated Financial Statements</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><br/></p>
</ix:exclude>
</div>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">j. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Fair </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">v</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">alue of </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">f</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">inancial </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">i</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">nstruments</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:DisclosureOfFairValueOfFinancialInstrumentsExplanatory" id="Tag6395" escape="true">
<div style="border-right: none; border-left: none;">
<div id="Normadiv534" style="font-family: 'times new roman', times; font-size: 10pt;">
<div>
<div>
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The fair values and the carrying values of the financial instruments, including currency and interest rate hedging instruments, are</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">stated below:</span></span></p>
</div>
</div>
</div>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<table cellpadding="0" style="height: 306px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td colspan="4" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td colspan="4" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 20px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Category </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Note </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Carrying value </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Fair value </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Carrying value </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Fair value </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;"><br/></td>
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<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 30%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial assets: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 26%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Cash and cash equivalents </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Cash and bank </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_CashAndBankDepositsMember" name="ugp:CategoryOfFinancialAssetsAndLiabilities" id="Tag332" escape="true">Measured at amortized cost</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span>5.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_CashAndBankDepositsMember" name="ifrs-full:FinancialAssets" unitRef="BRL" id="Tag619" decimals="-3" scale="3" format="ixt:num-dot-decimal">334,547</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_CashAndBankDepositsMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag6807" decimals="-3" scale="3" format="ixt:num-dot-decimal">334,547</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_CashAndBankDepositsMember" name="ifrs-full:FinancialAssets" unitRef="BRL" id="Tag557" decimals="-3" scale="3" format="ixt:num-dot-decimal">405,081</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_CashAndBankDepositsMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag2037" decimals="-3" scale="3" format="ixt:num-dot-decimal">405,081</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial investments in local currency </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_FinancialInvestmentsLocalCurrencyMember" name="ugp:CategoryOfFinancialAssetsAndLiabilities" id="Tag1691" escape="true">Measured at fair value through other comprehensive income</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span>5.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_FinancialInvestmentsLocalCurrencyMember" name="ifrs-full:FinancialAssets" unitRef="BRL" id="Tag686" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,943,164</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_FinancialInvestmentsLocalCurrencyMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag334" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,943,164</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_FinancialInvestmentsLocalCurrencyMember" name="ifrs-full:FinancialAssets" unitRef="BRL" id="Tag716" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,241,852</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_FinancialInvestmentsLocalCurrencyMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag1706" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,241,852</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial investments in foreign currency </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_FinancialInvestmentsForeignCurrencyMember" name="ugp:CategoryOfFinancialAssetsAndLiabilities" id="Tag699" escape="true">Measured at fair value through profit or loss</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span>5.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_FinancialInvestmentsForeignCurrencyMember" name="ifrs-full:FinancialAssets" unitRef="BRL" id="Tag3454" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,363</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_FinancialInvestmentsForeignCurrencyMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag6777" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,363</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_FinancialInvestmentsForeignCurrencyMember" name="ifrs-full:FinancialAssets" unitRef="BRL" id="Tag1502" decimals="-3" scale="3" format="ixt:num-dot-decimal">14,561</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_FinancialInvestmentsForeignCurrencyMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag688" decimals="-3" scale="3" format="ixt:num-dot-decimal">14,561</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial investments: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fixed-income securities and funds in local currency </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_FixedIncomeSecuritiesLocalCurrency1Member" name="ugp:CategoryOfFinancialAssetsAndLiabilities" id="Tag630" escape="true">Measured at fair value through profit or loss</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span>5.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_FixedIncomeSecuritiesLocalCurrency1Member" name="ifrs-full:FinancialAssets" unitRef="BRL" id="Tag336" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,607,608</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_FixedIncomeSecuritiesLocalCurrency1Member" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag637" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,607,608</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_FixedIncomeSecuritiesLocalCurrency1Member" name="ifrs-full:FinancialAssets" unitRef="BRL" id="Tag5146" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,643,286</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_FixedIncomeSecuritiesLocalCurrency1Member" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag1064" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,643,286</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fixed-income securities and funds in local currency </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_FixedIncomeSecuritiesLocalCurrency2Member" name="ugp:CategoryOfFinancialAssetsAndLiabilities" id="Tag6776" escape="true">Measured at fair value through other comprehensive income</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span>5.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_FixedIncomeSecuritiesLocalCurrency2Member" name="ifrs-full:FinancialAssets" unitRef="BRL" id="Tag195" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_FixedIncomeSecuritiesLocalCurrency2Member" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag1786" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_FixedIncomeSecuritiesLocalCurrency2Member" name="ifrs-full:FinancialAssets" unitRef="BRL" id="Tag845" decimals="-3" scale="3" format="ixt:num-dot-decimal">31,315</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_FixedIncomeSecuritiesLocalCurrency2Member" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag5754" decimals="-3" scale="3" format="ixt:num-dot-decimal">31,315</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fixed-income securities (guarantee of loans) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_FixedIncomeSecuritiesLocalCurrency3Member" name="ugp:CategoryOfFinancialAssetsAndLiabilities" id="Tag6803" escape="true">Measured at amortized cost</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span>5.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_FixedIncomeSecuritiesLocalCurrency3Member" name="ifrs-full:FinancialAssets" unitRef="BRL" id="Tag1511" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_FixedIncomeSecuritiesLocalCurrency3Member" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag641" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_FixedIncomeSecuritiesLocalCurrency3Member" name="ifrs-full:FinancialAssets" unitRef="BRL" id="Tag324" decimals="-3" scale="3" format="ixt:num-dot-decimal">75,251</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_FixedIncomeSecuritiesLocalCurrency3Member" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag203" decimals="-3" scale="3" format="ixt:num-dot-decimal">75,251</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fixed-income securities and funds in foreign currency </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_FixedIncomeSecuritiesForeignCurrencyMember" name="ugp:CategoryOfFinancialAssetsAndLiabilities" id="Tag490" escape="true">Measured at fair value through other comprehensive income</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span>5.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_FixedIncomeSecuritiesForeignCurrencyMember" name="ifrs-full:FinancialAssets" unitRef="BRL" id="Tag652" decimals="-3" scale="3" format="ixt:num-dot-decimal">103,239</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_FixedIncomeSecuritiesForeignCurrencyMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag310" decimals="-3" scale="3" format="ixt:num-dot-decimal">103,239</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_FixedIncomeSecuritiesForeignCurrencyMember" name="ifrs-full:FinancialAssets" unitRef="BRL" id="Tag956" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,278,940</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_FixedIncomeSecuritiesForeignCurrencyMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag696" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,278,940</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Currency and interest rate hedging and commodities instruments </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_CurrencyInterestRateHedgingInstrumentsMember" name="ugp:CategoryOfFinancialAssetsAndLiabilities" id="Tag1514" escape="true">Measured at fair value through profit or loss</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span>5.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_CurrencyInterestRateHedgingInstrumentsMember" name="ifrs-full:FinancialAssets" unitRef="BRL" id="Tag1495" decimals="-3" scale="3" format="ixt:num-dot-decimal">472,552</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_CurrencyInterestRateHedgingInstrumentsMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag1751" decimals="-3" scale="3" format="ixt:num-dot-decimal">472,552</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_CurrencyInterestRateHedgingInstrumentsMember" name="ifrs-full:FinancialAssets" unitRef="BRL" id="Tag1682" decimals="-3" scale="3" format="ixt:num-dot-decimal">981,874</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_CurrencyInterestRateHedgingInstrumentsMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag315" decimals="-3" scale="3" format="ixt:num-dot-decimal">981,874</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Trade Receivables </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_TradeReceivablesMember" name="ugp:CategoryOfFinancialAssetsAndLiabilities" id="Tag622" escape="true">Measured at amortized cost</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span>6.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_TradeReceivablesMember" name="ifrs-full:FinancialAssets" unitRef="BRL" id="Tag1192" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,438,995</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_TradeReceivablesMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag1794" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,367,012</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_TradeReceivablesMember" name="ifrs-full:FinancialAssets" unitRef="BRL" id="Tag678" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,391,122</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_TradeReceivablesMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag830" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,369,766</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Reseller Financing </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_ResellerFinancingMember" name="ugp:CategoryOfFinancialAssetsAndLiabilities" id="Tag459" escape="true">Measured at amortized cost</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span>6.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_ResellerFinancingMember" name="ifrs-full:FinancialAssets" unitRef="BRL" id="Tag818" decimals="-3" scale="3" format="ixt:num-dot-decimal">998,034</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_ResellerFinancingMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag821" decimals="-3" scale="3" format="ixt:num-dot-decimal">992,359</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_ResellerFinancingMember" name="ifrs-full:FinancialAssets" unitRef="BRL" id="Tag1154" decimals="-3" scale="3" format="ixt:num-dot-decimal">968,384</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_ResellerFinancingMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag646" decimals="-3" scale="3" format="ixt:num-dot-decimal">965,645</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:FinancialAssets" unitRef="BRL" id="Tag677" decimals="-3" scale="3" format="ixt:num-dot-decimal">8,900,502</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag1158" decimals="-3" scale="3" format="ixt:num-dot-decimal">8,822,844</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:FinancialAssets" unitRef="BRL" id="Tag1142" decimals="-3" scale="3" format="ixt:num-dot-decimal">13,031,666</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag741" decimals="-3" scale="3" format="ixt:num-dot-decimal">13,007,571</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial liabilities: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financing </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_Financing1Member" name="ugp:CategoryOfFinancialAssetsAndLiabilities" id="Tag1679" escape="true">Measured at fair value through profit or loss</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span> 17.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_Financing1Member" name="ifrs-full:FinancialLiabilities" unitRef="BRL" id="Tag627" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,011,374</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_Financing1Member" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag781" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,011,374</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_Financing1Member" name="ifrs-full:FinancialLiabilities" unitRef="BRL" id="Tag774" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,308,928</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_Financing1Member" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag1703" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,308,928</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financing </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_Financing2Member" name="ugp:CategoryOfFinancialAssetsAndLiabilities" id="Tag1190" escape="true">Measured at amortized cost</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 17.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_Financing2Member" name="ifrs-full:FinancialLiabilities" unitRef="BRL" id="Tag333" decimals="-3" scale="3" format="ixt:num-dot-decimal">8,082,323</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_Financing2Member" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag835" decimals="-3" scale="3" format="ixt:num-dot-decimal">8,380,088</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_Financing2Member" name="ifrs-full:FinancialLiabilities" unitRef="BRL" id="Tag842" decimals="-3" scale="3" format="ixt:num-dot-decimal">9,406,013</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_Financing2Member" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag5751" decimals="-3" scale="3" format="ixt:num-dot-decimal">10,186,947</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Debentures </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DebenturesMember" name="ugp:CategoryOfFinancialAssetsAndLiabilities" id="Tag943" escape="true">Measured at amortized cost</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span> 17.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_DebenturesMember" name="ifrs-full:FinancialLiabilities" unitRef="BRL" id="Tag869" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,599,525</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_DebenturesMember" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag6802" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,529,439</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_DebenturesMember" name="ifrs-full:FinancialLiabilities" unitRef="BRL" id="Tag858" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,450,751</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_DebenturesMember" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag3459" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,363,621</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Debentures </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_Debentures1Member" name="ugp:CategoryOfFinancialAssetsAndLiabilities" id="Tag312" escape="true">Measured at fair value through profit or loss</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 17.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_Debentures1Member" name="ifrs-full:FinancialLiabilities" unitRef="BRL" id="Tag813" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,487,244</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_Debentures1Member" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag320" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,487,244</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_Debentures1Member" name="ifrs-full:FinancialLiabilities" unitRef="BRL" id="Tag6795" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,093,365</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_Debentures1Member" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag615" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,093,365</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Leases payable </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_LeaseLiabilitiesMember" name="ugp:CategoryOfFinancialAssetsAndLiabilities" id="Tag6808" escape="true">Measured at amortized cost</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span> 14 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_LeaseLiabilitiesMember_1" name="ifrs-full:FinancialLiabilities" unitRef="BRL" id="Tag833" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,348,311</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_LeaseLiabilitiesMember_1" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag1501" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,348,311</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_LeaseLiabilitiesMember" name="ifrs-full:FinancialLiabilities" unitRef="BRL" id="Tag328" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,833,288</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_LeaseLiabilitiesMember" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag1721" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,833,288</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Commodities, currency and interest rate hedging instruments </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_CommoditiesCurrencyAndInterestRateHedgingInstrumentsMember" name="ugp:CategoryOfFinancialAssetsAndLiabilities" id="Tag1151" escape="true">Measured at fair value through profit or loss</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 17.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_CommoditiesCurrencyAndInterestRateHedgingInstrumentsMember" name="ifrs-full:FinancialLiabilities" unitRef="BRL" id="Tag1189" decimals="-3" scale="3" format="ixt:num-dot-decimal">197,177</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_CommoditiesCurrencyAndInterestRateHedgingInstrumentsMember" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag1792" decimals="-3" scale="3" format="ixt:num-dot-decimal">197,177</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_CommoditiesCurrencyAndInterestRateHedgingInstrumentsMember" name="ifrs-full:FinancialLiabilities" unitRef="BRL" id="Tag226" decimals="-3" scale="3" format="ixt:num-dot-decimal">117,159</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_CommoditiesCurrencyAndInterestRateHedgingInstrumentsMember" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag839" decimals="-3" scale="3" format="ixt:num-dot-decimal">117,159</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Trade payables </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_TradePayableMember" name="ugp:CategoryOfFinancialAssetsAndLiabilities" id="Tag836" escape="true">Measured at amortized cost</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span> 18 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_TradePayableMember" name="ifrs-full:FinancialLiabilities" unitRef="BRL" id="Tag680" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,789,954</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_TradePayableMember" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag1734" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,727,724</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_TradePayableMember" name="ifrs-full:FinancialLiabilities" unitRef="BRL" id="Tag5151" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,040,652</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_TradePayableMember" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag924" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,008,457</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Subscription warrants &#8211; indemnification </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_SubscriptionWarrantsIndemnificationMember" name="ugp:CategoryOfFinancialAssetsAndLiabilities" id="Tag340" escape="true">Measured at fair value through profit or loss</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 25 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_SubscriptionWarrantsIndemnificationMember" name="ifrs-full:FinancialLiabilities" unitRef="BRL" id="Tag1761" decimals="-3" scale="3" format="ixt:num-dot-decimal">51,296</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_SubscriptionWarrantsIndemnificationMember" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag844" decimals="-3" scale="3" format="ixt:num-dot-decimal">51,296</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_SubscriptionWarrantsIndemnificationMember" name="ifrs-full:FinancialLiabilities" unitRef="BRL" id="Tag325" decimals="-3" scale="3" format="ixt:num-dot-decimal">86,439</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_SubscriptionWarrantsIndemnificationMember" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag7311" decimals="-3" scale="3" format="ixt:num-dot-decimal">86,439</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:FinancialLiabilities" unitRef="BRL" id="Tag904" decimals="-3" scale="3" format="ixt:num-dot-decimal">23,567,204</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag502" decimals="-3" scale="3" format="ixt:num-dot-decimal">23,732,653</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:FinancialLiabilities" unitRef="BRL" id="Tag700" decimals="-3" scale="3" format="ixt:num-dot-decimal">23,336,595</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag885" decimals="-3" scale="3" format="ixt:num-dot-decimal">23,998,204</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
</tbody>
</table>
</ix:nonNumeric>
<ix:exclude>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<div>
<div style="border-left: none; border-right: none;">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-134</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">Ultrapar<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;</span>Participa&#231;&#245;es<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;S.A. and Subsidiaries</span></span></span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Notes to the Consolidated Financial Statements</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">(In thousands of Brazilian&#160;Reais, unless otherwise stated)</span></p>
</ix:exclude>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The fair value of financial instruments, including currency and interest hedging instruments, was determined as follows:&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The fair value of cash and bank deposit balances are identical to their carrying values.</span></li>
</ul>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Financial investments in investment funds are valued at the value of the fund unit as of the date of the financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';">, which corresponds to their fair value.</span></span></li>
</ul>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Financial investments in CDBs (Bank Certificates of Deposit) and similar investments offer daily liquidity through repurchase at the &#8220;yield curve&#8221; and the Company calculates their fair value through methodologies commonly used for mark to the market.</span></li>
</ul>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The fair value of trade receivables and trade payables are approximate to their carrying values</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and the Company calculates its fair value </span><span style="font-family: 'Times New Roman';">through</span><span style="font-family: 'Times New Roman';"> methodologies commonly used in the market</span><span style="font-family: 'Times New Roman';">.</span></span></li>
</ul>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt; font-family: 'Times New Roman';"><span>The subscription warrants &#8211; indemnification was measured based on the share price of Ultrapar (UGPA3) at the financial </span><span style="font-family: 'Times New Roman';">statements</span><span> date and are adjusted to the Company&#8217;s dividend yield, since the exercise was only possible from&#160;2020 onwards and they were not entitled to dividends until then. The number of shares of subscription warrants &#8211; indemnification was also adjusted according to the changes in the amounts of provision for tax, civil, and labor risks and contingent liabilities related to the period prior to January 31, 2014 </span><span style="font-family: 'Times New Roman';">(</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';">ee Note </span><span>25</span><span style="font-family: 'Times New Roman';">).</span></span></li>
</ul>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt; font-family: 'Times New Roman';"><span style="font-family: 'Times New Roman';">The fair value calculation of notes in the foreign market is based on the quoted price in an active market</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">(see Note </span><span>17</span><span style="font-family: 'Times New Roman';">.b).</span></span></li>
</ul>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The fair value of other financial investments</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> financing </span><span style="font-family: 'Times New Roman';">and leases payable </span><span style="font-family: 'Times New Roman';">was determined using calculation methodologies commonly used for fair value&#160;</span><span style="font-family: 'Times New Roman';">reporting</span><span style="font-family: 'Times New Roman';">, which consist of calculating future cash flows associated with each instrument adopted and adjusting them to present value at the market rates </span><span style="font-family: 'Times New Roman';">as of the date of the </span><span style="font-family: 'Times New Roman';">f</span><span style="font-family: 'Times New Roman';">inancial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';"> For some cases where there is no active market for the financial instrument, the Company and its subsidiaries can use quotes provided by the transaction counterparties.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The interpretation of market information and the choice of calculation methodologies for the fair value requires considerable judgment and estimates to obtain a value deemed appropriate to each situation. Consequently, the estimates presented do not necessary indicate the amounts that may be realiz</span><span style="font-family: 'Times New Roman';">able</span><span style="font-family: 'Times New Roman';">.&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Financial instruments were classified as financial </span><span style="font-family: 'Times New Roman';">assets or </span><span style="font-family: 'Times New Roman';">liabilities measured at amortized cost, except (</span><span style="font-family: 'Times New Roman';">i</span><span style="font-family: 'Times New Roman';">) all exchange rate and interest rate hedging instruments, which are measured at fair value through profit or loss, financial investments classified as measured at fair value through profit or loss</span><span style="font-family: 'Times New Roman';"> and</span><span style="font-family: 'Times New Roman';"> financial investments that are classified as </span><span style="font-family: 'Times New Roman';">measured at fair value through other comprehensive income</span><span style="font-family: 'Times New Roman';"> (see Note </span><span>5</span><span style="font-family: 'Times New Roman';">.b</span><span style="font-family: 'Times New Roman';">), (</span><span style="font-family: 'Times New Roman';">ii</span><span style="font-family: 'Times New Roman';">) </span><span style="font-family: 'Times New Roman';">loans and financing </span><span style="font-family: 'Times New Roman';">measured at fair value through profit or loss (see Note </span><span>17</span><span style="font-family: 'Times New Roman';">.a</span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> (</span><span style="font-family: 'Times New Roman';">iii</span><span style="font-family: 'Times New Roman';">) guarantees to customers that have vendor arrangements (see Note </span><span>17</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';">i</span><span style="font-family: 'Times New Roman';">), which are measured at fair value through profit or loss</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> and (</span><span style="font-family: 'Times New Roman';">iv</span><span style="font-family: 'Times New Roman';">) </span><span style="font-family: 'Times New Roman';">subscription warrants &#8211; </span><span style="font-family: 'Times New Roman';">indemnification</span><span style="font-family: 'Times New Roman';">, which are measured at fair value through profit or loss</span><span style="font-family: 'Times New Roman';"> (see Note </span><span>25</span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';">. Cash, banks</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> trade receivables</span><span style="font-family: 'Times New Roman';"> and reseller financing</span><span style="font-family: 'Times New Roman';"> are classified as </span><span style="font-family: 'Times New Roman';">measured at amortized cost</span><span style="font-family: 'Times New Roman';">. Trade payables</span><span style="font-family: 'Times New Roman';">, leases</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">payable </span><span style="font-family: 'Times New Roman';">and other payables are classified as financial liabilities measured at amortized cost.</span></span><br/></p>
<ix:exclude>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<div>
<div style="border-left: none; border-right: none;">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-135</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p><span style="font-size: 10pt; font-family: 'times new roman', times;">Ultrapar<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;</span>Participa&#231;&#245;es<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;S.A. and Subsidiaries</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Notes to the Consolidated Financial Statements</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">(In thousands of Brazilian&#160;Reais, unless otherwise stated)</span></p>
</ix:exclude>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span>j.1 </span><span style="font-style: italic; font-weight: bold;">Fair </span><span style="font-style: italic; font-weight: bold;">v</span><span style="font-style: italic; font-weight: bold;">alue </span><span style="font-style: italic; font-weight: bold;">h</span><span style="font-style: italic; font-weight: bold;">ierarchy of </span><span style="font-style: italic; font-weight: bold;">f</span><span style="font-style: italic; font-weight: bold;">inancial </span><span style="font-style: italic; font-weight: bold;">i</span><span style="font-style: italic; font-weight: bold;">nstruments</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The financial instruments are classified in the following categories:&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span>(a) Level 1 &#8211; prices negotiated (without adjustment) in active markets for identical assets or liabilities;&#160;&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span>(b) Level 2 &#8211; inputs other than prices negotiated in active markets included in Level 1 and observable for the asset or liability, either directly (as prices) or indirectly (derived from prices).&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:DisclosureOfFairValueMeasurementExplanatory" id="Tag7844" escape="true">
<div style="border-right: none; border-left: none;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The table below shows the categories of the financial assets and financial liabilities:&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<table cellpadding="0" style="height: 237px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; border-style: none;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 34.2857%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 30.4348%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Category </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 4.96894%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Note </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.95031%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.11801%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.49068%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.95031%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Level <span style="border-left: none; border-right: none;">1</span> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.24224%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.49068%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.82609%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Level <span style="border-left: none; border-right: none;">2</span> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.24224%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial assets: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Cash and cash equivalents </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Cash and bank </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_CashAndBankDepositsMember" name="ugp:CategoryOfFinancialAssetsAndLiabilities" id="Tag1030" escape="true">Measured at amortized cost</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span> 5.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_CashAndBankDepositsMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag876" decimals="-3" scale="3" format="ixt:num-dot-decimal">334,547</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_Level1OfFairValueHierarchyMember_CashAndBankDepositsMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag930" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_Level2OfFairValueHierarchyMember_CashAndBankDepositsMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag931" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial investments in local currency </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_FinancialInvestmentsLocalCurrencyMember" name="ugp:CategoryOfFinancialAssetsAndLiabilities" id="Tag7308" escape="true">Measured at fair value through other comprehensive income</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span> 5.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_FinancialInvestmentsLocalCurrencyMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag7302" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,943,164</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_Level1OfFairValueHierarchyMember_FinancialInvestmentsLocalCurrencyMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag1733" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_Level2OfFairValueHierarchyMember_FinancialInvestmentsLocalCurrencyMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag194" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,943,164</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial investments in foreign currency </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_FinancialInvestmentsForeignCurrencyMember" name="ugp:CategoryOfFinancialAssetsAndLiabilities" id="Tag932" escape="true">Measured at fair value through profit or loss</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span> 5.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_FinancialInvestmentsForeignCurrencyMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag1065" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,363</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_Level1OfFairValueHierarchyMember_FinancialInvestmentsForeignCurrencyMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag322" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,363</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_Level2OfFairValueHierarchyMember_FinancialInvestmentsForeignCurrencyMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag344" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial investments: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fixed-income securities and funds in local currency </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_FixedIncomeSecuritiesLocalCurrency1Member" name="ugp:CategoryOfFinancialAssetsAndLiabilities" id="Tag1788" escape="true">Measured at fair value through profit or loss</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span> 5.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_FixedIncomeSecuritiesLocalCurrency1Member" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag6800" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,607,608</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_Level1OfFairValueHierarchyMember_FixedIncomeSecuritiesLocalCurrency1Member" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag954" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,607,608</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_Level2OfFairValueHierarchyMember_FixedIncomeSecuritiesLocalCurrency1Member" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag683" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fixed-income securities and funds in foreign currency </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_FixedIncomeSecuritiesForeignCurrencyMember" name="ugp:CategoryOfFinancialAssetsAndLiabilities" id="Tag718" escape="true">Measured at fair value through other comprehensive income</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span> 5.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_FixedIncomeSecuritiesForeignCurrencyMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag1033" decimals="-3" scale="3" format="ixt:num-dot-decimal">103,239</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_Level1OfFairValueHierarchyMember_FixedIncomeSecuritiesForeignCurrencyMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag1776" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_Level2OfFairValueHierarchyMember_FixedIncomeSecuritiesForeignCurrencyMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag865" decimals="-3" scale="3" format="ixt:num-dot-decimal">103,239</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Currency and interest rate hedging and commodities instruments </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_CurrencyInterestRateHedgingInstrumentsMember" name="ugp:CategoryOfFinancialAssetsAndLiabilities" id="Tag714" escape="true">Measured at fair value through profit or loss</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span> 5.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_CurrencyInterestRateHedgingInstrumentsMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag556" decimals="-3" scale="3" format="ixt:num-dot-decimal">472,552</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_Level1OfFairValueHierarchyMember_CurrencyInterestRateHedgingInstrumentsMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag628" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_Level2OfFairValueHierarchyMember_CurrencyInterestRateHedgingInstrumentsMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag1802" decimals="-3" scale="3" format="ixt:num-dot-decimal">472,552</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Trade Receivables </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_TradeReceivablesMember" name="ugp:CategoryOfFinancialAssetsAndLiabilities" id="Tag710" escape="true">Measured at amortized cost</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span> 6.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_TradeReceivablesMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag5757" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,367,012</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_Level1OfFairValueHierarchyMember_TradeReceivablesMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag782" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_Level2OfFairValueHierarchyMember_TradeReceivablesMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag2035" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Reseller Financing </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_ResellerFinancingMember" name="ugp:CategoryOfFinancialAssetsAndLiabilities" id="Tag746" escape="true">Measured at amortized cost</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span> 6.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_ResellerFinancingMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag6397" decimals="-3" scale="3" format="ixt:num-dot-decimal">992,359</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_Level1OfFairValueHierarchyMember_ResellerFinancingMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag1736" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_Level2OfFairValueHierarchyMember_ResellerFinancingMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag624" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag864" decimals="-3" scale="3" format="ixt:num-dot-decimal">8,822,844</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial liabilities: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financing </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_Financing1Member" name="ugp:CategoryOfFinancialAssetsAndLiabilities" id="Tag228" escape="true">Measured at fair value through profit or loss</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span> 17.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_Financing1Member" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag713" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,011,374</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_Level1OfFairValueHierarchyMember_Financing1Member" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag503" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_Level2OfFairValueHierarchyMember_Financing1Member" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag5750" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,011,374</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financing </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_Financing2Member" name="ugp:CategoryOfFinancialAssetsAndLiabilities" id="Tag668" escape="true">Measured at amortized cost</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span> 17.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_Financing2Member" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag5148" decimals="-3" scale="3" format="ixt:num-dot-decimal">8,380,088</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_Level1OfFairValueHierarchyMember_Financing2Member" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag832" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_Level2OfFairValueHierarchyMember_Financing2Member" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag524" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Debentures </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_DebenturesMember" name="ugp:CategoryOfFinancialAssetsAndLiabilities" id="Tag1756" escape="true">Measured at amortized cost</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span> 17.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_DebenturesMember" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag1186" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,529,439</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_Level1OfFairValueHierarchyMember_DebenturesMember" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag1705" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_Level2OfFairValueHierarchyMember_DebenturesMember" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag1500" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Debentures </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_Debentures1Member" name="ugp:CategoryOfFinancialAssetsAndLiabilities" id="Tag1709" escape="true">Measured at fair value through profit or loss</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span> 17.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_Debentures1Member" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag673" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,487,244</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_Level1OfFairValueHierarchyMember_Debentures1Member" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag1757" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_Level2OfFairValueHierarchyMember_Debentures1Member" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag840" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,487,244</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Leases payable </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_LeaseLiabilitiesMember" name="ugp:CategoryOfFinancialAssetsAndLiabilities" id="Tag304" escape="true">Measured at amortized cost</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span> 14 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_LeaseLiabilitiesMember_1" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag769" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,348,311</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_Level1OfFairValueHierarchyMember_LeaseLiabilitiesMember" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag626" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_Level2OfFairValueHierarchyMember_LeaseLiabilitiesMember" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag775" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Commodities, currency and interest rate hedging instruments </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_CommoditiesCurrencyAndInterestRateHedgingInstrumentsMember" name="ugp:CategoryOfFinancialAssetsAndLiabilities" id="Tag233" escape="true">Measured at fair value through profit or loss</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span> 17.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_CommoditiesCurrencyAndInterestRateHedgingInstrumentsMember" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag638" decimals="-3" scale="3" format="ixt:num-dot-decimal">197,177</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_Level1OfFairValueHierarchyMember_CommoditiesCurrencyAndInterestRateHedgingInstrumentsMember" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag873" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_Level2OfFairValueHierarchyMember_CommoditiesCurrencyAndInterestRateHedgingInstrumentsMember" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag1727" decimals="-3" scale="3" format="ixt:num-dot-decimal">197,177</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Trade payables </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_TradePayableMember" name="ugp:CategoryOfFinancialAssetsAndLiabilities" id="Tag823" escape="true">Measured at amortized cost</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span> 18 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_TradePayableMember" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag816" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,727,724</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_Level1OfFairValueHierarchyMember_TradePayableMember" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag1793" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_Level2OfFairValueHierarchyMember_TradePayableMember" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag780" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Subscription warrants &#8211; indemnification <span style="font-size: 8pt;"><sup>(1)</sup></span></span></span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_SubscriptionWarrantsIndemnificationMember" name="ugp:CategoryOfFinancialAssetsAndLiabilities" id="Tag829" escape="true">Measured at fair value through profit or loss</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span> 25 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_SubscriptionWarrantsIndemnificationMember" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag6778" decimals="-3" scale="3" format="ixt:num-dot-decimal">51,296</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_Level1OfFairValueHierarchyMember_SubscriptionWarrantsIndemnificationMember" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag848" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_Level2OfFairValueHierarchyMember_SubscriptionWarrantsIndemnificationMember" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag853" decimals="-3" scale="3" format="ixt:num-dot-decimal">51,296</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag763" decimals="-3" scale="3" format="ixt:num-dot-decimal">23,732,653</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
</tbody>
</table>
<div style="border-right: none; border-left: none;">
<div id="Normadiv535" style="font-family: 'times new roman', times; font-size: 10pt;">
<ix:exclude>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<div>
<div style="border-left: none; border-right: none;">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-136</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0px; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"><span style="font-size: 10pt;"><span style="text-align: justify; font-family: 'Times New Roman';">Ultrapar<span>&#160;</span>Participa&#231;&#245;es<span>&#160;</span>S.A.<span>&#160;</span></span><span style="text-align: justify; font-family: 'Times New Roman';">and</span><span style="text-align: justify; font-family: 'Times New Roman';"><span>&#160;</span></span><span style="text-align: justify; font-family: 'Times New Roman';">Subsidiaries</span></span><br/></p>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Notes to the Consolidated Financial<span>&#160;</span></span><span style="font-family: 'Times New Roman';">Statements</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">(In thousands of Brazilian<span>&#160;</span>Reais, unless otherwise stated)</span></p>
</div>
</ix:exclude>
</div>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<table cellpadding="0" style="height: 250px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Category </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Note </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.11801%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Level <span style="border-left: none; border-right: none;">1</span> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Level <span style="border-left: none; border-right: none;">2</span> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial assets: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Cash and cash equivalents&#160;</span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Cash and bank </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_CashAndBankDepositsMember" name="ugp:CategoryOfFinancialAssetsAndLiabilities" id="Tag650" escape="true">Measured at amortized cost</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 5.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_CashAndBankDepositsMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag230" decimals="-3" scale="3" format="ixt:num-dot-decimal">405,081</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_Level1OfFairValueHierarchyMember_CashAndBankDepositsMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag1750" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_Level2OfFairValueHierarchyMember_CashAndBankDepositsMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag1803" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial investments in local currency </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_FinancialInvestmentsLocalCurrencyMember" name="ugp:CategoryOfFinancialAssetsAndLiabilities" id="Tag719" escape="true">Measured at fair value through other comprehensive income</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;">
<p style="margin: 0pt; text-align: center;"><span> 5.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_FinancialInvestmentsLocalCurrencyMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag1747" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,241,852</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_Level1OfFairValueHierarchyMember_FinancialInvestmentsLocalCurrencyMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag6400" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_Level2OfFairValueHierarchyMember_FinancialInvestmentsLocalCurrencyMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag1686" decimals="-3" scale="3" format="ixt:num-dot-decimal">2,241,852</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial investments in foreign currency </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_FinancialInvestmentsForeignCurrencyMember" name="ugp:CategoryOfFinancialAssetsAndLiabilities" id="Tag872" escape="true">Measured at fair value through profit or loss</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 5.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_FinancialInvestmentsForeignCurrencyMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag1494" decimals="-3" scale="3" format="ixt:num-dot-decimal">14,561</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_Level1OfFairValueHierarchyMember_FinancialInvestmentsForeignCurrencyMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag1504" decimals="-3" scale="3" format="ixt:num-dot-decimal">14,561</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_Level2OfFairValueHierarchyMember_FinancialInvestmentsForeignCurrencyMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag882" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial investments: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fixed-income securities and funds in local currency </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_FixedIncomeSecuritiesLocalCurrency1Member" name="ugp:CategoryOfFinancialAssetsAndLiabilities" id="Tag639" escape="true">Measured at fair value through profit or loss</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 5.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_FixedIncomeSecuritiesLocalCurrency1Member" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag852" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,643,286</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_Level1OfFairValueHierarchyMember_FixedIncomeSecuritiesLocalCurrency1Member" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag1796" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,643,286</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_Level2OfFairValueHierarchyMember_FixedIncomeSecuritiesLocalCurrency1Member" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag1503" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fixed-income securities and funds in local currency </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_FixedIncomeSecuritiesLocalCurrency2Member" name="ugp:CategoryOfFinancialAssetsAndLiabilities" id="Tag676" escape="true">Measured at fair value through other comprehensive income</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;">
<p style="margin: 0pt; text-align: center;"><span> 5.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_FixedIncomeSecuritiesLocalCurrency2Member" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag794" decimals="-3" scale="3" format="ixt:num-dot-decimal">31,315</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_Level1OfFairValueHierarchyMember_FixedIncomeSecuritiesLocalCurrency2Member" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag7309" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_Level2OfFairValueHierarchyMember_FixedIncomeSecuritiesLocalCurrency2Member" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag313" decimals="-3" scale="3" format="ixt:num-dot-decimal">31,315</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fixed-income securities (guarantee of loans) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_FixedIncomeSecuritiesLocalCurrency3Member" name="ugp:CategoryOfFinancialAssetsAndLiabilities" id="Tag2260" escape="true">Measured at amortized cost</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 5.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_FixedIncomeSecuritiesLocalCurrency3Member" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag1499" decimals="-3" scale="3" format="ixt:num-dot-decimal">75,251</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_Level1OfFairValueHierarchyMember_FixedIncomeSecuritiesLocalCurrency3Member" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag1735" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_Level2OfFairValueHierarchyMember_FixedIncomeSecuritiesLocalCurrency3Member" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag6398" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fixed-income securities and funds in foreign currency </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_FixedIncomeSecuritiesForeignCurrencyMember" name="ugp:CategoryOfFinancialAssetsAndLiabilities" id="Tag1782" escape="true">Measured at fair value through other comprehensive income</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;">
<p style="margin: 0pt; text-align: center;"><span> 5.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_FixedIncomeSecuritiesForeignCurrencyMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag768" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,278,940</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_Level1OfFairValueHierarchyMember_FixedIncomeSecuritiesForeignCurrencyMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag738" decimals="-3" scale="3" format="ixt:num-dot-decimal">30,245</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_Level2OfFairValueHierarchyMember_FixedIncomeSecuritiesForeignCurrencyMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag867" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,248,695</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Currency and interest rate hedging and commodities instruments </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_CurrencyInterestRateHedgingInstrumentsMember" name="ugp:CategoryOfFinancialAssetsAndLiabilities" id="Tag855" escape="true">Measured at fair value through profit or loss</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 5.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_CurrencyInterestRateHedgingInstrumentsMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag822" decimals="-3" scale="3" format="ixt:num-dot-decimal">981,874</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_Level1OfFairValueHierarchyMember_CurrencyInterestRateHedgingInstrumentsMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag566" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_Level2OfFairValueHierarchyMember_CurrencyInterestRateHedgingInstrumentsMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag1054" decimals="-3" scale="3" format="ixt:num-dot-decimal">981,874</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Trade Receivables </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_TradeReceivablesMember_1" name="ugp:CategoryOfFinancialAssetsAndLiabilities" id="Tag1032" escape="true">Measured at amortized cost</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;">
<p style="margin: 0pt; text-align: center;"><span> 6.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_TradeReceivablesMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag2038" decimals="-3" scale="3" format="ixt:num-dot-decimal">3,369,766</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_Level1OfFairValueHierarchyMember_TradeReceivablesMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag347" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_Level2OfFairValueHierarchyMember_TradeReceivablesMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag339" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Reseller Financing </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_ResellerFinancingMember" name="ugp:CategoryOfFinancialAssetsAndLiabilities" id="Tag1773" escape="true">Measured at amortized cost</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 6.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_ResellerFinancingMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag744" decimals="-3" scale="3" format="ixt:num-dot-decimal">965,645</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_Level1OfFairValueHierarchyMember_ResellerFinancingMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag1722" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_Level2OfFairValueHierarchyMember_ResellerFinancingMember" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag3467" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; border-top: 1pt solid #000000; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:FinancialAssetsAtFairValue" unitRef="BRL" id="Tag689" decimals="-3" scale="3" format="ixt:num-dot-decimal">13,007,571</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial liabilities: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financing </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_Financing1Member" name="ugp:CategoryOfFinancialAssetsAndLiabilities" id="Tag879" escape="true">Measured at fair value through profit or loss</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;">
<p style="margin: 0pt; text-align: center;"><span> 17.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_Financing1Member" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag691" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,308,928</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_Level1OfFairValueHierarchyMember_Financing1Member" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag5147" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_Level2OfFairValueHierarchyMember_Financing1Member" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag1708" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,308,928</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financing </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_Financing2Member" name="ugp:CategoryOfFinancialAssetsAndLiabilities" id="Tag1062" escape="true">Measured at amortized cost</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 17.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_Financing2Member" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag1139" decimals="-3" scale="3" format="ixt:num-dot-decimal">10,186,947</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_Level1OfFairValueHierarchyMember_Financing2Member" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag1031" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_Level2OfFairValueHierarchyMember_Financing2Member" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag721" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Debentures </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_DebenturesMember" name="ugp:CategoryOfFinancialAssetsAndLiabilities" id="Tag1790" escape="true">Measured at amortized cost</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;">
<p style="margin: 0pt; text-align: center;"><span> 17.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_DebenturesMember" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag1707" decimals="-3" scale="3" format="ixt:num-dot-decimal">5,363,621</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_Level1OfFairValueHierarchyMember_DebenturesMember" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag323" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_Level2OfFairValueHierarchyMember_DebenturesMember" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag773" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Debentures </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_Debentures1Member" name="ugp:CategoryOfFinancialAssetsAndLiabilities" id="Tag343" escape="true">Measured at fair value through profit or loss</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 17.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_Debentures1Member" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag679" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,093,365</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_Level1OfFairValueHierarchyMember_Debentures1Member" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag1516" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_Level2OfFairValueHierarchyMember_Debentures1Member" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag1145" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,093,365</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Leases payable </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_LeaseLiabilitiesMember" name="ugp:CategoryOfFinancialAssetsAndLiabilities" id="Tag1740" escape="true">Measured at amortized cost</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;">
<p style="margin: 0pt; text-align: center;"><span> 14 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_LeaseLiabilitiesMember" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag801" decimals="-3" scale="3" format="ixt:num-dot-decimal">1,833,288</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_Level1OfFairValueHierarchyMember_LeaseLiabilitiesMember" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag749" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_Level2OfFairValueHierarchyMember_LeaseLiabilitiesMember" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag330" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Commodities, currency and interest rate hedging instruments </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_CommoditiesCurrencyAndInterestRateHedgingInstrumentsMember" name="ugp:CategoryOfFinancialAssetsAndLiabilities" id="Tag1685" escape="true">Measured at fair value through profit or loss</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 17.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_CommoditiesCurrencyAndInterestRateHedgingInstrumentsMember" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag1754" decimals="-3" scale="3" format="ixt:num-dot-decimal">117,159</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_Level1OfFairValueHierarchyMember_CommoditiesCurrencyAndInterestRateHedgingInstrumentsMember" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag319" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_Level2OfFairValueHierarchyMember_CommoditiesCurrencyAndInterestRateHedgingInstrumentsMember" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag5755" decimals="-3" scale="3" format="ixt:num-dot-decimal">117,159</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Trade payables </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_TradePayableMember" name="ugp:CategoryOfFinancialAssetsAndLiabilities" id="Tag3465" escape="true">Measured at amortized cost</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;">
<p style="margin: 0pt; text-align: center;"><span> 18 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_TradePayableMember" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag824" decimals="-3" scale="3" format="ixt:num-dot-decimal">4,008,457</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_Level1OfFairValueHierarchyMember_TradePayableMember" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag1737" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_Level2OfFairValueHierarchyMember_TradePayableMember" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag862" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Subscription warrants &#8211; indemnification <span style="font-size: 8pt;"><sup>(1)</sup></span></span></span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20201231_SubscriptionWarrantsIndemnificationMember" name="ugp:CategoryOfFinancialAssetsAndLiabilities" id="Tag1749" escape="true">Measured at fair value through profit or loss</ix:nonNumeric> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 25 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;" class="ng-scope"><ix:nonFraction contextRef="I20201231_SubscriptionWarrantsIndemnificationMember" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag6432" decimals="-3" scale="3" format="ixt:num-dot-decimal">86,439</ix:nonFraction></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_Level1OfFairValueHierarchyMember_SubscriptionWarrantsIndemnificationMember" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag693" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231_Level2OfFairValueHierarchyMember_SubscriptionWarrantsIndemnificationMember" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag665" decimals="-3" scale="3" format="ixt:num-dot-decimal">86,439</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20201231" name="ifrs-full:FinancialLiabilitiesAtFairValue" unitRef="BRL" id="Tag5150" decimals="-3" scale="3" format="ixt:num-dot-decimal">23,998,204</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<div style="border-left: none; border-right: none;">
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt; height: 10px;">
<tbody>
<tr style="height: 10px;">
<td style="width: 3%; height: 10px;" class="ng-scope"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(</span>1<span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="width: 97%; height: 10px;"><ix:footnote xml:lang="en-US" footnoteRole="http://www.xbrl.org/2003/role/footnote" id="footnote87"><span style="font-family: 'Times New Roman';">Refers to subscription warrants issued by the Company in the&#160;Extrafarma&#160;acquisition.</span></ix:footnote></td>
</tr>
</tbody>
</table>
</div>
</ix:nonNumeric>
</div>
<ix:exclude>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<div>
<div style="border-left: none; border-right: none;">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-137</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">Ultrapar<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;</span>Participa&#231;&#245;es<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;S.A. and Subsidiaries</span></span></span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Notes to the Consolidated Financial Statements</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">(In thousands of Brazilian&#160;Reais, unless otherwise stated)</span></p>
</ix:exclude>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">k. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Sensitivity </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">a</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">nalysis</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"> of </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">d</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">erivative </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">f</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">inancial </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">i</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">nstruments&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span>The Company and its subsidiaries use derivative financial instruments only to hedge against identified risks and in amounts consistent with the risk (limited to <ix:nonFraction contextRef="D20211231_3" name="ugp:MaximumPercentageOfIdentifiedRiskToCoverByDerivativeFinancialInstruments" unitRef="Pure" id="Tag1150" decimals="2" scale="-2" format="ixt:num-dot-decimal">100</ix:nonFraction>% of the identified risk). Thus, for purposes of sensitivity analysis of market risks associated with financial </span><span style="font-family: 'Times New Roman';">instruments,&#160; the</span><span style="font-family: 'Times New Roman';"> Company analyzes the hedging instrument and the hedged item together, as shown on the charts below.&#160; &#160;&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">For the sensitivity analysis of foreign exchange hedging instruments</span><span style="font-family: 'Times New Roman';"> as of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span>1</span><span>, 20</span><span>2</span><span>1</span><span style="font-family: 'Times New Roman';">, management adopted as a </span><span style="font-family: 'Times New Roman';">base</span><span style="font-family: 'Times New Roman';"> scenario the Real/U.S. dollar </span><span style="font-family: 'Times New Roman';">exchange rates at maturity of each swap, projected by U.S dollar futures contracts quoted on </span><span>B3</span><span style="font-family: 'Times New Roman';">. As a reference, the exchange rate for the last maturity of foreign exchange hedging instruments </span><span style="font-family: 'Times New Roman';">is R</span><span style="font-family: 'Times New Roman';">$ </span><span><ix:nonFraction contextRef="I20211231" name="ugp:MaturityOfForeignExchangeHedgingInstruments" unitRef="BRLPerShare" id="Tag740" decimals="2" format="ixt:num-dot-decimal">10.25</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">(R</span><span style="font-family: 'Times New Roman';">$ </span><span><ix:nonFraction contextRef="I20201231" name="ugp:MaturityOfForeignExchangeHedgingInstruments" unitRef="BRLPerShare" id="Tag1091" decimals="2" format="ixt:num-dot-decimal">8.23</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> as of December 31, 20</span><span>20</span><span style="font-family: 'Times New Roman';">) </span><span style="font-family: 'Times New Roman';">in the </span><span style="font-family: 'Times New Roman';">base</span><span style="font-family: 'Times New Roman';"> scenario. </span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Based on the balances of the hedging instruments and hedged items as of </span><span style="font-family: 'Times New Roman';">December 31</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span>2021</span><span style="font-family: 'Times New Roman';">, the exchange rates were replaced, and the changes between the new balance in Brazilian Reais and the </span><span style="font-family: 'Times New Roman';">original </span><span style="font-family: 'Times New Roman';">balance in Brazilian Reais were calculated in each of the scenarios. The table below shows the change in the values of the main derivative instruments and their hedged items, considering the changes in the exchange rate in the different scenarios:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory" id="Tag558" escape="true">
<table cellpadding="0" style="height: 286px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #ffffff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #ffffff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt; font-weight: bold; text-decoration: underline;"> Risk </span></p>
</td>
<td style="border-bottom: 0.5pt solid #000000; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #ffffff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt; font-weight: bold;"> Scenario Base </span></p>
</td>
<td style="border-bottom: 0.5pt solid #000000; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Currency swaps receivable in U.S. dollars </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 54%;">
<p style="margin: 0pt;"><span> (1) U.S. Dollar / Real swaps </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 34px; width: 30%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Dollar appreciation &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 15%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_ScenarioMember" name="ugp:USDollarToRealSwaps" unitRef="BRL" id="Tag1683" decimals="-3" scale="3" format="ixt:num-dot-decimal">137,304</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span> (2) Debts / firm commitments in dollars </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="I20211231_ScenarioMember" name="ugp:DebtsFirmCommitmentsInDollars" unitRef="BRL" id="Tag198" decimals="-3" scale="3" format="ixt:num-dot-decimal">137,301</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt;"><span> (1)+(2) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net effect in result </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_ScenarioMember" name="ugp:USDollarToRealSwapsNetEffect" unitRef="BRL" id="Tag1804" decimals="-3" scale="3" format="ixt:num-dot-decimal">3</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Currency swaps payable in U.S. dollars </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span> (3) Real / U.S. Dollar swaps </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Dollar devaluation </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_ScenarioMember" name="ugp:RealToUsDollarSwaps" unitRef="BRL" id="Tag667" decimals="-3" scale="3" format="ixt:num-dot-decimal">49,935,747</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span> (4) Gross margin of Oxiteno/Ipiranga </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="I20211231_ScenarioMember" name="ugp:GrossMarginOfOxitenoIpirangaSwapPayable" unitRef="BRL" id="Tag722" decimals="-3" scale="3" format="ixt:num-dot-decimal">49,935,747</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt; font-family: terminal, monaco;">)</span></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt;"><span> (3)+(4) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net effect in result </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_ScenarioMember" name="ugp:RealToUsDollarSwapsNetEffect" unitRef="BRL" id="Tag7303" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Cash Flow Hedge </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span> (1) Cash Flow Hedge </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Dollar devaluation </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_ScenarioMember" name="ugp:CashFlowHedgedItemAssets" unitRef="BRL" id="Tag649" decimals="-3" scale="3" format="ixt:num-dot-decimal">528,360</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span> (2) Debts </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="I20211231_ScenarioMember" name="ugp:CashFlowHedgedItemLiabilities" unitRef="BRL" id="Tag1759" decimals="-3" scale="3" format="ixt:num-dot-decimal">528,360</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt;"><span> (1)+(2) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net effect in equity </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_ScenarioMember" name="ifrs-full:ReserveOfCashFlowHedgesContinuingHedges" unitRef="BRL" id="Tag1684" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Net Investment hedge in foreign entities </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span> (1) Net Investment Hedge </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Dollar devaluation </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_ScenarioMember" name="ugp:NetInvestmentHedgedItemAssets" unitRef="BRL" id="Tag1784" decimals="-3" scale="3" format="ixt:num-dot-decimal">252,423</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span> (2) Debts </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="I20211231_ScenarioMember" name="ugp:NetInvestmentHedgedItemLiabilities" unitRef="BRL" id="Tag797" decimals="-3" scale="3" format="ixt:num-dot-decimal">252,423</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt;"><span> (1)+(2) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net effect in equity </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_ScenarioMember" name="ifrs-full:ReserveOfGainsAndLossesOnHedgingInstrumentsThatHedgeInvestmentsInEquityInstruments" unitRef="BRL" id="Tag1791" xsi:nil="true"></ix:nonFraction>- </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
</tr>
</tbody>
</table>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">For sensitivity analysis of </span><span style="font-family: 'Times New Roman';">hedging instruments for </span><span style="font-family: 'Times New Roman';">interest rate</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> in Brazilian Reais</span><span style="font-family: 'Times New Roman';"> as of</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">December 31</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2021</span></span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">the Company</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">u</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';">ed the future</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> curve of </span><span style="font-family: 'Times New Roman';">the </span><span>DI x Pre contract quoted on B3 </span><span style="font-family: 'Times New Roman';">as of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span>1</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">for each </span><span style="font-family: 'Times New Roman';">of the </span><span style="font-family: 'Times New Roman';">swap and debt (hedged item)</span><span style="font-family: 'Times New Roman';"> maturities</span><span style="font-family: 'Times New Roman';">, to determine the </span><span style="font-family: 'Times New Roman';">base</span><span style="font-family: 'Times New Roman';"> scenario</span><span style="font-family: 'Times New Roman';">.&#160;&#160;</span></span></p>
<ix:exclude>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<div>
<div style="border-left: none; border-right: none;">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-138</span></td>
</tr>
</tbody>
</table>
</div>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Ultrapar&#160;Participa&#231;&#245;es&#160;S.A. and Subsidiaries</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Notes to the Consolidated Financial Statements</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;">(In thousands of Brazilian&#160;Reais, unless otherwise stated)&#160;</span></p>
</ix:exclude>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><br/></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Based on the scenarios of interest rate</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> in Brazilian Reais</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">the Company estimated the </span><span style="font-family: 'Times New Roman';">values</span><span style="font-family: 'Times New Roman';"> of </span><span style="font-family: 'Times New Roman';">its</span><span style="font-family: 'Times New Roman';"> debt and hedging instruments according to the risk </span><span style="font-family: 'Times New Roman';">which</span><span style="font-family: 'Times New Roman';"> is being hedged (</span><span style="font-family: 'Times New Roman';">variations in the pre-fixed</span><span style="font-family: 'Times New Roman';"> interest rate</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> in Brazilian Reais)</span><span style="font-family: 'Times New Roman';">, by projecting </span><span style="font-family: 'Times New Roman';">them to future value </span><span style="font-family: 'Times New Roman';">at the</span><span style="font-family: 'Times New Roman';"> contracted rates and bringing them to present value </span><span style="font-family: 'Times New Roman';">at</span><span style="font-family: 'Times New Roman';"> the interest rate</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> of the </span><span style="font-family: 'Times New Roman';">estimated</span><span style="font-family: 'Times New Roman';"> scenarios. </span><span style="font-family: 'Times New Roman';">The result</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">are</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">shown</span><span style="font-family: 'Times New Roman';"> in the table below:&#160; &#160; &#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<ix:nonNumeric contextRef="D20211231_3" name="ugp:DisclosureOfVariationForDerivativeInstrumentsOfHedgingObjectExplanatoryTextBlock" id="Tag392" escape="true">
<table cellpadding="0" style="height: 79px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 62.966%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 23.9437%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt; font-weight: bold; text-decoration: underline;"> Risk </span></p>
</td>
<td style="border-bottom: 0.5pt solid #000000; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 11.9304%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt; font-weight: bold;"> Scenario Base </span></p>
</td>
<td style="border-bottom: 0.5pt solid #000000; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 1.07705%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; font-size: 10pt; width: 62.966%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Interest rate swap (Real) &#8211; Debentures - CRA </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; font-size: 10pt; width: 23.9437%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; font-size: 10pt; width: 11.9304%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; font-size: 10pt; height: 17px; width: 1.07705%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; font-size: 10pt; width: 62.966%;">
<p style="margin: 0pt;"><span> (1) Fixed rate swap - DI </span></p>
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<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 27px; font-size: 10pt; width: 23.9437%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Decrease in Pre-fixed rate </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; font-size: 10pt; width: 11.9304%;">
<p style="margin: 0pt; text-align: right;"><span> (<ix:nonFraction contextRef="I20211231_ScenarioMember" name="ugp:FixedRateSwapDI" unitRef="BRL" id="Tag5753" decimals="-3" scale="3" sign="-" format="ixt:num-dot-decimal">20,053,149</ix:nonFraction> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; font-size: 10pt; height: 17px; width: 1.07705%;">)</td>
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<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px; font-size: 10pt; width: 62.966%;">
<p style="margin: 0pt;"><span> (2) Fixed rate debt </span></p>
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<td style="border-bottom: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; font-size: 10pt; width: 11.9304%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_ScenarioMember" name="ugp:FixedRateDebt" unitRef="BRL" id="Tag1509" decimals="-3" scale="3" format="ixt:num-dot-decimal">20,053,149</ix:nonFraction> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; font-size: 10pt; height: 10px; width: 1.07705%;"><br/></td>
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<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; font-size: 10pt; width: 62.966%;">
<p style="margin: 0pt;"><span> (1)+(2) </span></p>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; font-size: 10pt; width: 23.9437%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net effect in result </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 18px; font-size: 10pt; border-bottom: 2.8pt double #000000; width: 11.9304%;">
<p style="margin: 0pt; text-align: right;"><span> <ix:nonFraction contextRef="I20211231_ScenarioMember" name="ugp:FixedRateSwapNetEffect" unitRef="BRL" id="Tag692" xsi:nil="true"></ix:nonFraction>- </span></p>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; font-size: 10pt; height: 18px; width: 1.07705%;"><br/></td>
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</ix:nonNumeric>
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</ix:nonNumeric>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
</div>
</div><div id="Normadiv555" style="font-family: 'times new roman', times; font-size: 10pt;">
<div style="border-right: none; border-left: none;">
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:DisclosureOfCommitmentsExplanatory" id="Tag269" escape="true">
<div style="border-right: none; border-left: none;">
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">34</span><span style="font-family: 'Times New Roman'; font-weight: bold;">. Commitments</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">a. Contracts</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">a.1</span><span style="font-family: 'Times New Roman'; font-weight: bold;"> </span><span style="font-family: 'Times New Roman';">Subsidiary </span><span style="font-family: 'Times New Roman';">Ultracargo</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Log&#237;stica</span><span style="font-family: 'Times New Roman';"> has agreements with CODEBA</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">with the</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Complexo</span><span style="font-family: 'Times New Roman';"> Industrial </span><span style="font-family: 'Times New Roman';">Portu&#225;rio</span><span style="font-family: 'Times New Roman';"> Governador </span><span style="font-family: 'Times New Roman';">Eraldo</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Gueiros</span><span style="font-family: 'Times New Roman';"> and with the company </span><span style="font-family: 'Times New Roman';">Empresa</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Maranhense</span><span style="font-family: 'Times New Roman';"> de </span><span style="font-family: 'Times New Roman';">Administra&#231;&#227;o</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Portu&#225;ria</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> in connection with its port facilities in </span><span style="font-family: 'Times New Roman';">Aratu</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Suape</span><span style="font-family: 'Times New Roman';"> and </span><span style="font-family: 'Times New Roman';">Itaqui</span><span style="font-family: 'Times New Roman';">, respectively. Such agreements establish a minimum cargo movement of products, as shown below:&#160;&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ugp:SummaryOfContractsTableTextBlock" id="Tag270" escape="true">
<table cellpadding="0" style="height: 71px; border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%;" width="80%">
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<td style="vertical-align: bottom; height: 21px; background-color: #ffffff; width: 30%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Port </span></p>
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<td style="vertical-align: bottom; height: 21px; background-color: #ffffff; width: 40%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Minimum movement per year </span></p>
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<td style="vertical-align: bottom; height: 21px; background-color: #ffffff; width: 30%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Maturity </span></p>
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<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: bottom; height: 10px; background-color: #cceeff; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_CargoContractOneMember" name="ugp:CargoPort" id="Tag6220" escape="true">Aratu</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; background-color: #cceeff; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_CargoContractOneMember" name="ugp:MinimumCargoMovementPerYear" id="Tag6221" escape="true">900,000</ix:nonNumeric> ton. </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; background-color: #cceeff; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_CargoContractOneMember" name="ugp:CargoAgreementMaturity" id="Tag6390" escape="true">2022</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: bottom; height: 10px; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_CargoContractTwoMember" name="ugp:CargoPort" id="Tag5621" escape="true">Suape</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_CargoContractTwoMember" name="ugp:MinimumCargoMovementPerYear" id="Tag6223" escape="true">250,000</ix:nonNumeric> ton. </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_CargoContractTwoMember" name="ugp:CargoAgreementMaturity" id="Tag263" escape="true">2027</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: bottom; height: 10px; background-color: #cceeff; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_CargoContractThreeMember" name="ugp:CargoPort" id="Tag6391" escape="true">Suape</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; background-color: #cceeff; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_CargoContractThreeMember" name="ugp:MinimumCargoMovementPerYear" id="Tag6222" escape="true">400,000</ix:nonNumeric> ton. </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; background-color: #cceeff; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_CargoContractThreeMember" name="ugp:CargoAgreementMaturity" id="Tag285" escape="true">2029</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: bottom; height: 10px; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_CargoContractFourMember" name="ugp:CargoPort" id="Tag273" escape="true">Aratu</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_CargoContractFourMember" name="ugp:MinimumCargoMovementPerYear" id="Tag275" escape="true">465,403</ix:nonNumeric> ton. </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_CargoContractFourMember" name="ugp:CargoAgreementMaturity" id="Tag279" escape="true">2031</ix:nonNumeric> </span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: bottom; height: 10px; background-color: #cceeff; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_CargoContractFiveMember" name="ugp:CargoPort" id="Tag6392" escape="true">Itaqui</ix:nonNumeric> </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; background-color: #cceeff; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_CargoContractFiveMember" name="ugp:MinimumCargoMovementPerYear" id="Tag265" escape="true">1,222,377</ix:nonNumeric> m&#179; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; background-color: #cceeff; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <ix:nonNumeric contextRef="D20211231_CargoContractFiveMember" name="ugp:CargoAgreementMaturity" id="Tag267" escape="true">2049</ix:nonNumeric> </span></p>
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</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">If the annual movement is less than the minimum contractual movement, the subsidiary is liable to pay the difference between the effective movement and the minimum contractual movement, based on the port tariff rates in effect on the date established for payment. </span><span style="font-family: 'Times New Roman';">As of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';">, 20</span><span style="font-family: 'Times New Roman';">2</span><span style="font-family: 'Times New Roman';">1, these rates were R$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="I20211231_AratuMember" name="ugp:CargoRatesPerTon" unitRef="Ton" id="Tag268" decimals="2" format="ixt:num-dot-decimal">8.37</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> and R$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="I20211231_SuapeMember" name="ugp:CargoRatesPerTon" unitRef="Ton" id="Tag232" decimals="2" format="ixt:num-dot-decimal">2.67</ix:nonFraction></span><span style="font-family: 'Times New Roman';">&#160;per ton for </span><span style="font-family: 'Times New Roman';">Aratu</span><span style="font-family: 'Times New Roman';"> and </span><span style="font-family: 'Times New Roman';">Suape</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">respectively</span><span style="font-family: 'Times New Roman';"> and R$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="I20211231_ItaquiMember" name="ugp:CargoRatesPerTon" unitRef="CubicMetre" id="Tag272" decimals="2" format="ixt:num-dot-decimal">0.85</ix:nonFraction></span><span style="font-family: 'Times New Roman';">&#160;per</span><span style="font-family: 'Times New Roman';"> m&#179; for </span><span style="font-family: 'Times New Roman';">Itaqui</span><span style="font-family: 'Times New Roman';">. </span><span style="font-family: 'Times New Roman';">According to contractual conditions and tolerances, </span><span style="font-family: 'Times New Roman';">on </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">2021</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">there </span><span style="font-family: 'Times New Roman';">were</span><span style="font-family: 'Times New Roman';"> <ix:nonFraction contextRef="I20211231" name="ifrs-full:ContractualCapitalCommitments" unitRef="BRL" id="Tag260" decimals="-3" scale="3" format="ixt-sec:numwordsen">no</ix:nonFraction> material obligations</span><span style="font-family: 'Times New Roman';">&#160;</span><span style="font-family: 'Times New Roman';">regarding the minimum purchase </span><span style="font-family: 'Times New Roman';">limits</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">of </span><span style="font-family: 'Times New Roman';">the </span><span style="font-family: 'Times New Roman';">contract</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">b. Insurance coverage</span></p>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The Company </span><span style="font-family: 'Times New Roman';">is supported by </span><span style="font-family: 'Times New Roman';">insurance policies with the objective of covering several risks to which it is exposed</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">In the </span><span style="font-family: 'Times New Roman';">insurance policies </span><span style="font-family: 'Times New Roman';">t</span><span style="font-family: 'Times New Roman';">he maximum compensation values based on the risk analysis of </span><span style="font-family: 'Times New Roman';">certain locations</span><span style="font-family: 'Times New Roman';">.&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The General Liability Insurance program covers the </span><span style="font-family: 'Times New Roman';">Ultrapar</span><span style="font-family: 'Times New Roman';"> and its subsidiaries with a maximum aggregate coverage of US$ </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="I20211231_ThirdPartiesMember" name="ifrs-full:LiabilitiesArisingFromInsuranceContracts" unitRef="BRL" id="Tag277" decimals="-6" scale="6" format="ixt:num-dot-decimal">250</ix:nonFraction></span><span style="font-family: 'Times New Roman';"> million</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">T</span><span style="font-family: 'Times New Roman';">he Company </span><span style="font-family: 'Times New Roman';">maintain</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> liability insurance policies</span><span style="font-family: 'Times New Roman';"> for directors</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">executive </span><span style="font-family: 'Times New Roman';">officers</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and council </span><span style="font-family: 'Times New Roman';">to </span><span style="font-family: 'Times New Roman';">indemnify Ultrapar and its subsidiaries in the total amount of US$</span><span style="font-family: 'Times New Roman';"> </span><span style="border-left: none; border-right: none;"><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;"><ix:nonFraction contextRef="I20211231_ItaquiMember" name="ifrs-full:LiabilitiesArisingFromInsuranceContracts" unitRef="BRL" id="Tag6219" decimals="-6" scale="6" format="ixt:num-dot-decimal">80</ix:nonFraction></span></span></span><span style="font-family: 'Times New Roman';"> million</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">In addition, group life and personal accident, health and national and international transportation and other insurance policies are also maintained.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The coverage and limit of the insurance policies are based on a careful study of risks and losses conducted by independent insurance advisors</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">being the </span><span style="font-family: 'Times New Roman';">type </span><span style="font-family: 'Times New Roman';">and amounts </span><span style="font-family: 'Times New Roman';">of insurance </span><span style="font-family: 'Times New Roman';">are</span><span style="font-family: 'Times New Roman';"> considered by management to be sufficient to cover potential losses based </span><span style="font-family: 'Times New Roman';">that may occur in view of</span><span style="font-family: 'Times New Roman';"> the nature of the </span><span style="font-family: 'Times New Roman';">activities</span><span style="font-family: 'Times New Roman';"> conducted by the companies.</span></span></p>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div>
<ix:exclude>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-139</span></td>
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</tbody>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Ultrapar Participa&#231;&#245;es S.A.<span>&#160;</span></span><span style="font-family: 'Times New Roman';">and</span><span style="font-family: 'Times New Roman';"><span>&#160;</span></span><span style="font-family: 'Times New Roman';">Subsidiaries</span></span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Notes to the Consolidated Financial<span>&#160;</span></span><span style="font-family: 'Times New Roman';">Statements</span></span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">(In thousands of Brazilian Reais, unless otherwise stated)</span></p>
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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">c. Area port lease</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">On March 22, 2019, Ultrapar, through its subsidiary IPP, won the port concessions of <ix:nonFraction contextRef="D20190322_AreaPortLeaseMember_IpirangaProdutosdePetroleoSAMember" name="ugp:NumberOfPortConcessions" unitRef="Item" id="Tag283" decimals="INF" format="ixt-sec:numwordsen">three</ix:nonFraction> areas with minimum storage capacity of <ix:nonFraction contextRef="D20190322_AreaPortLeaseMember_IpirangaProdutosdePetroleoSAMember_PortOfCabedeloMember_ParaibaMember" name="ugp:MinimumPortStorageCapacity" unitRef="CubicMetre" id="Tag7816" decimals="-3" scale="3" format="ixt:num-dot-decimal">64</ix:nonFraction> thousand m&#179; (</span><span style="font-family: 'Times New Roman';">unaudited</span><span style="font-family: 'Times New Roman';">) </span><span style="font-family: 'Times New Roman';">located </span><span style="font-family: 'Times New Roman';">at the port of </span><span style="font-family: 'Times New Roman';">Cabedelo</span><span style="font-family: 'Times New Roman';">, in the state of </span><span style="font-family: 'Times New Roman';">Para&#237;ba</span><span style="font-family: 'Times New Roman';">, and one area with minimum storage capacity of <ix:nonFraction contextRef="D20190322_AreaPortLeaseMember_PortOfVitoriaMember_EspiritoSantoMember_IpirangaProdutosdePetroleoSAMember" name="ugp:MinimumPortStorageCapacity" unitRef="CubicMetre" id="Tag282" decimals="-3" scale="3" format="ixt:num-dot-decimal">66</ix:nonFraction> thousand m&#179; (unaudited) at the port of Vit&#243;ria, in the state of </span><span style="font-family: 'Times New Roman';">Esp&#237;rito</span><span style="font-family: 'Times New Roman';"> Santo, which will be designated for handling, storage and distribution of fuels. <ix:nonNumeric contextRef="D20190322_AreaPortLeaseMember_IpirangaProdutosDepetroleoSaAndUltracargoMember" name="ugp:DescriptionOfPortConcessions" id="Tag264" escape="true">These concessions were carried out by <span style="border-left: none; border-right: none;">two</span> consortiums of which IPP holds <span style="border-left: none; border-right: none;">one</span> third of the total participation.</ix:nonNumeric> </span><span style="font-family: 'Times New Roman';">For the port of </span><span style="font-family: 'Times New Roman';">Cabedelo</span><span style="font-family: 'Times New Roman';">, the companies </span><span style="font-family: 'Times New Roman';">Nordeste</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Log&#237;stica</span><span style="font-family: 'Times New Roman';"> I, </span><span style="font-family: 'Times New Roman';">Nordeste</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Log&#237;stica</span><span style="font-family: 'Times New Roman';"> II and </span><span style="font-family: 'Times New Roman';">Nordeste</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Log&#237;stica</span><span style="font-family: 'Times New Roman';"> III were </span><span style="font-family: 'Times New Roman';">incorporated, in partnership</span><span style="font-family: 'Times New Roman';"> with </span><span style="font-family: 'Times New Roman';">Ra&#237;zen</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Combust&#237;vel</span><span style="font-family: 'Times New Roman';"> S.A. and </span><span style="font-family: 'Times New Roman';">Petrobr&#225;s</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Distribuidora</span><span style="font-family: 'Times New Roman';"> S.A. </span><span style="font-family: 'Times New Roman';">For the port of Vit&#243;ria, </span><span style="font-family: 'Times New Roman';">the company </span><span style="font-family: 'Times New Roman';">Navegantes</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">was </span><span style="font-family: 'Times New Roman';">incorporated, in partnership</span><span style="font-family: 'Times New Roman';"> with </span><span style="font-family: 'Times New Roman';">Ra&#237;zen</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Combust&#237;vel</span><span style="font-family: 'Times New Roman';"> S.A. and </span><span style="font-family: 'Times New Roman';">Petrobr&#225;s</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Distribuidora</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">S.A</span><span style="font-family: 'Times New Roman';">. T</span><span style="font-family: 'Times New Roman';">he total investments related to IPP&#8217;s participation is up to R$<ix:nonFraction contextRef="I20190322_AreaPortLeaseMember_IpirangaProdutosdePetroleoSAMember" name="ifrs-full:InvestmentsInSubsidiariesJointVenturesAndAssociates" unitRef="BRL" id="Tag262" decimals="-6" scale="6" format="ixt:num-dot-decimal">160</ix:nonFraction> million (</span><span style="font-family: 'Times New Roman';">unaudited</span><span style="font-family: 'Times New Roman';">) for a concession term of <ix:nonNumeric contextRef="D20190322_AreaPortLeaseMember_IpirangaProdutosdePetroleoSAMember" name="ugp:PeriodOfConcession" id="Tag257" format="ixt-sec:duryear">25</ix:nonNumeric> years.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">On April 5, 2019, Company, through its subsidiary IPP and </span><span style="font-family: 'Times New Roman';">Ultracargo</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Log&#237;stica</span><span style="font-family: 'Times New Roman';">, also won <ix:nonFraction contextRef="D20190405_AreaPortLeaseMember_IpirangaProdutosDepetroleoSaAndUltracargoLogisticaSAMember" name="ugp:NumberOfPortConcessions" unitRef="Item" id="Tag274" decimals="INF" format="ixt-sec:numwordsen">three</ix:nonFraction> concessions. IPP won <ix:nonFraction contextRef="D20190405_AreaPortLeaseMember_IpirangaProdutosdePetroleoSAMember_PortOfMiramarMember" name="ugp:NumberOfPortConcessions" unitRef="Item" id="Tag266" decimals="INF" format="ixt-sec:numwordsen">two</ix:nonFraction> concessions</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">in the port of Miramar, in </span><span style="font-family: 'Times New Roman';">Bel&#233;m</span><span style="font-family: 'Times New Roman';">, state of Par&#225;: (</span><span style="font-family: 'Times New Roman';">i</span><span style="font-family: 'Times New Roman';">) area BEL02A, through a consortium <ix:nonFraction contextRef="D20190405_AreaPortLeaseMember_IpirangaProdutosdePetroleoSAMember_AreaBel02AMember" name="ugp:PercentageOfConsortiumOwned" unitRef="Pure" id="Tag278" decimals="2" scale="-2" format="ixt:num-dot-decimal">50</ix:nonFraction>% owned by IPP,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">that shall have minimum storage capacity of <ix:nonFraction contextRef="D20190405_AreaPortLeaseMember_IpirangaProdutosdePetroleoSAMember_AreaBel02AMember" name="ugp:MinimumPortStorageCapacity" unitRef="CubicMetre" id="Tag276" decimals="-3" scale="3" format="ixt:num-dot-decimal">41</ix:nonFraction> thousand m&#179;</span><span style="font-family: 'Times New Roman';"> (unaudited)</span><span style="font-family: 'Times New Roman';">, and (ii) area BEL04, which is currently operated by IPP with minimum storage capacity of <ix:nonFraction contextRef="D20190405_AreaBel04aMember_IpirangaProdutosdePetroleoSAMember_AreaPortLeaseMember" name="ugp:MinimumPortStorageCapacity" unitRef="CubicMetre" id="Tag280" decimals="-3" scale="3" format="ixt:num-dot-decimal">23</ix:nonFraction> thousand m&#179; (unaudited). Such areas will be operated for at least <ix:nonNumeric contextRef="D20190405_AreaPortLeaseMember_IpirangaProdutosdePetroleoSAMember" name="ugp:MinimumLeasePeriodOfPortConcession" id="Tag348" format="ixt-sec:duryear">15</ix:nonNumeric> years, according to the auction notice.</span><span style="font-family: 'Times New Roman';"> For the area BEL02</span><span style="font-family: 'Times New Roman';">A</span><span style="font-family: 'Times New Roman';">, Latitude was </span><span style="font-family: 'Times New Roman';">incorporated</span><span style="font-family: 'Times New Roman';">, together with </span><span style="font-family: 'Times New Roman';">Petr&#243;leo</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Sabb&#225;</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">S.A.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Ultracargo</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Log&#237;stica</span><span style="font-family: 'Times New Roman';"> won the concession of area VDC12 in the port of Vila do Conde, in </span><span style="font-family: 'Times New Roman';">Barcarena</span><span style="font-family: 'Times New Roman';">, state of Par&#225;. The minimum storage capacity will be <ix:nonFraction contextRef="D20190405_AreaPortLeaseMember_UltracargoLogisticaSAMember_AreaVdc12Member" name="ugp:MinimumPortStorageCapacity" unitRef="CubicMetre" id="Tag271" decimals="-3" scale="3" format="ixt:num-dot-decimal">59</ix:nonFraction> thousand m&#179;</span><span style="font-family: 'Times New Roman';"> (unaudited)</span><span style="font-family: 'Times New Roman';">. The area will be operated by </span><span style="font-family: 'Times New Roman';">Ultracargo</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Log&#237;stica</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">for at least <ix:nonNumeric contextRef="D20190405_AreaPortLeaseMember_UltracargoLogisticaSAMember_AreaVdc12Member" name="ugp:MinimumLeasePeriodOfPortConcession" id="Tag261" format="ixt-sec:duryear">25</ix:nonNumeric> years, according to the auction notice.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">For the area VDC12, </span><span style="font-family: 'Times New Roman';">Tequimar</span><span style="font-family: 'Times New Roman';"> Vila do Conde was </span><span style="font-family: 'Times New Roman';">incorporated</span><span style="font-family: 'Times New Roman';"> (see Note </span><span style="font-family: 'Times New Roman';">4</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';">b</span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';">.&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">On April 9, 2021, the Company, through its subsidiary </span><span style="font-family: 'Times New Roman';">Ultracargo</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Log&#237;stica</span><span style="font-family: 'Times New Roman';">, won the auction for leasing the IQI<span style="border-left: none; border-right: none;">13</span> area in the </span><span style="font-family: 'Times New Roman';">Itaqui</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">port, State of </span><span style="font-family: 'Times New Roman';">Maranh&#227;o</span><span style="font-family: 'Times New Roman';">, for storage and handling of liquid bulk</span><span style="font-family: 'Times New Roman';"> products</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">e</span><span style="font-family: 'Times New Roman';">specially fuel</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';">. In the leased area, a new terminal will be built with a minimum </span><span style="font-family: 'Times New Roman';">installed</span><span style="font-family: 'Times New Roman';"> capacity of <ix:nonFraction contextRef="D20210409_ItaquiMember_AreaPortLeaseMember_UltracargoLogisticaSAMember_AreaIqi13Member" name="ugp:MinimumPortStorageCapacity" unitRef="CubicMetre" id="Tag281" decimals="-3" scale="3" format="ixt:num-dot-decimal">79</ix:nonFraction> thousand </span><span style="font-family: 'Times New Roman';">cubic meters (unaudited)</span><span style="font-family: 'Times New Roman';">. The lease will have a minimum duration of <ix:nonNumeric contextRef="D20210409_ItaquiMember_AreaPortLeaseMember_UltracargoLogisticaSAMember_AreaIqi13Member" name="ugp:MinimumLeasePeriodOfPortConcession" id="Tag284" format="ixt-sec:duryear">20</ix:nonNumeric> years according to the auction</span><span style="font-family: 'Times New Roman';"> notice</span><span style="font-family: 'Times New Roman';">. For this capacity, an investment of approximately R$</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="D20210409_ItaquiMember_AreaPortLeaseMember_UltracargoLogisticaSAMember_AreaIqi13Member" name="ugp:EstimatedInvestmentsToPortConcessions" unitRef="BRL" id="Tag258" decimals="-3" scale="3" format="ixt:num-dot-decimal">310</ix:nonFraction> million is estimated, including the amount related to the grant, to be disbursed in up to <ix:nonNumeric contextRef="D20210409_ItaquiMember_AreaPortLeaseMember_UltracargoLogisticaSAMember_AreaIqi13Member" name="ugp:EstimatedInvestmentsDisbursementPeriod" id="Tag259" format="ixt-sec:durwordsen">six years</ix:nonNumeric></span><span style="font-family: 'Times New Roman';"> after signing of the contract</span><span style="font-family: 'Times New Roman';">.</span></span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ix:nonNumeric contextRef="D20211231_3" name="ifrs-full:DisclosureOfEventsAfterReportingPeriodExplanatory" id="Tag7846" escape="true">
<p style="margin: 0pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">35</span><span style="font-family: 'Times New Roman'; font-weight: bold;">. Subsequent events</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">a. Issuance of Extrafarma subscription bonus shares</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">On February 2</span><span style="font-family: 'Times New Roman';">3</span><span style="font-family: 'Times New Roman';">, 202</span><span style="font-family: 'Times New Roman';">2</span><span style="font-family: 'Times New Roman';">, the Company</span><span style="font-family: 'Times New Roman';">&#8217;</span><span style="font-family: 'Times New Roman';">s Board of Directors approved the issuance of </span><span style="font-family: 'Times New Roman';"><ix:nonFraction contextRef="I20220223_MajorOrdinaryShareTransactionsMember" name="ugp:ExerciseOfWarrantsRightsOutstanding" unitRef="Shares" id="Tag7812" decimals="0" format="ixt:num-dot-decimal">43,925</ix:nonFraction> </span><span style="font-family: 'Times New Roman';">common shares within the authorized capital limit provided by art. 6 of the Company's Bylaws,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">due to the partial exercise of the rights conferred by the subscription warrants (see note 25) issued&#160;</span></span><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">at the time of the conclusion of the purchase of&#160;Extrafarma&#160;by the Company, approved by the</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">extraordinary general meeting of the Company held in January 31, 2014. The share capital of the&#160;</span></span><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Company will therefore be represented by </span><span style="border-left: none; border-right: none;"><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;"><ix:nonFraction contextRef="I20220223_MajorOrdinaryShareTransactionsMember" name="ifrs-full:NumberOfSharesIssuedAndFullyPaid" unitRef="Shares" id="Tag7811" decimals="0" format="ixt:num-dot-decimal">1,115,151,608</ix:nonFraction></span></span></span><span style="font-family: 'Times New Roman';">&#160;common shares, all of which are</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">registered and without par value.&#160;&#160;</span></span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><br/></p>
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<td class="pgno" style="padding: 0px; text-align: center; height: 17px;"><span style="font-size: 10pt;" class="pageno">F-140</span></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<p style="margin: 2pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"><b><i></i></b><br/></p>
<p style="margin: 2pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"><b><i><span style="mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: DE;"><span style="font-style: italic; font-family: 'times new roman', times; font-size: 10pt;">b. Impact of the conflict between Ukraine and Russia</span></span></i></b></p>
<p style="margin: 2pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"><b><i></i></b><br/></p>
<p style="margin: 2pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The turmoil of the global financial markets and the scarcity of credit in the past led to lack of consumer confidence, increased market volatility and widespread reduction of business activity. An economic downturn could materially and adversely affect the liquidity, businesses and/or financial conditions of our customers, which could in turn result not only in decreased demand for our products, but also increased delinquencies in our accounts receivable.&#160;</span></p>
<p style="margin: 2pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="mso-ansi-language: EN-US;">On February </span><span style="mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: DE;">24, 2022, a full-scale military invasion of Ukraine by Russian troops was reported. Since then, global markets have been experiencing volatility and disruption following the escalation of geopolitical tensions and the start of the military conflict between these countries. Although the length and impact of the ongoing military conflict are highly unpredictable, the conflict in Ukraine has led and could further lead to market disruptions, including significant volatility in commodity prices, including crude oil and natural gas, which could impact the prices of LPG and oil-based fuel, and demand in the markets in which we operate. Additionally, governments in the United States and many other countries have imposed economic sanctions on certain Russian individuals, including politicians, and Russian corporate and banking entities. These sanctions, or even the threat of further sanctions, could result in Russia taking countermeasures or retaliatory actions which may lead to further market disruptions and an increase in crude oil and natural gas prices globally, which could negatively impact our business and operations.&#160;</span></span></p>
<p style="margin: 2pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Moreover, an eventual new global financial crisis could have a negative impact on our cost of borrowing and on our ability to obtain future borrowings. The disruptions in the financial markets could also lead to a reduction in available trade credit due to counterparties&#8217; liquidity concerns. If we experience a decrease in demand for our products or an increase in delinquencies in our accounts receivable, or if we are unable to obtain borrowings our businesses, financial condition and results of operations could be materially adversely affected.&#160;</span></p>
<p style="margin: 2pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"><span style="mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: DE;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Additionally, the rapid escalation of COVID-19 pandemic across the world since the beginning of 2020 has had, and can continue to have, a number of negative impacts on our businesses, financial condition and results of operations.&#160;</span></span></p>
<p style="margin: 10pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"><span style="font-style: italic; font-family: 'times new roman', times; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: DE; font-weight: bold;"><span>c. Tender offers to purchase notes</span></span></p>
<p style="margin: 2pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"><br/></p>
<p style="margin: 2pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"><span style="mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: DE;"><span style="font-family: 'times new roman', times; font-size: 10pt;">On April 7, 2022, the subsidiary Ultrapar International commenced cash tender offers to purchase in the international market (i) up to the totality of the <ix:nonFraction contextRef="I20220407_UltraparInternationalMember_NotesDue2026Member_TenderOffersToPurchaseNotesMember" name="ifrs-full:BorrowingsInterestRate" unitRef="Pure" id="Tag5827" decimals="4" scale="-2" format="ixt:num-dot-decimal">5.25</ix:nonFraction>% notes due in <ix:nonNumeric contextRef="D20220408_UltraparInternationalMember_NotesDue2026Member_TenderOffersToPurchaseNotesMember" name="ifrs-full:BorrowingsMaturity" id="Tag7801" escape="true">2026</ix:nonNumeric> and (ii) up to the Maximum Acceptance Amount of the <ix:nonFraction contextRef="I20220407_UltraparInternationalMember_NotesDue2029Member_TenderOffersToPurchaseNotesMember" name="ifrs-full:BorrowingsInterestRate" unitRef="Pure" id="Tag7800" decimals="4" scale="-2" format="ixt:num-dot-decimal">5.25</ix:nonFraction>% notes due in <ix:nonNumeric contextRef="D20220408_UltraparInternationalMember_NotesDue2029Member_TenderOffersToPurchaseNotesMember" name="ifrs-full:BorrowingsMaturity" id="Tag5824" escape="true">2029</ix:nonNumeric>, both issued by Ultrapar International and outstanding in the international market. The tender offers were subject to a maximum aggregate tender amount of US$ <ix:nonFraction contextRef="I20220407_UltraparInternationalMember_TenderOffersToPurchaseNotesMember" name="ugp:MaximumAggregateTenderAmount" unitRef="USD" id="Tag7814" decimals="0" format="ixt:num-dot-decimal">550,003</ix:nonFraction>, which could be increased to up to US$ <ix:nonFraction contextRef="I20220407_UltraparInternationalMember_TenderOffersToPurchaseNotesMember" name="ugp:MaximumAggregateTenderAmountAvailableForIncrease" unitRef="USD" id="Tag7193" decimals="0" format="ixt:num-dot-decimal">600,000</ix:nonFraction> at the sole discretion of Ultrapar International, consisting of the total amount to be spent by Ultrapar International in the purchase of the outstanding notes. The 2029 notes tender offer was also subject to a maximum acceptance amount corresponding to the difference between the maximum aggregate tender amount and the aggregate principal amount of the 2026&#160;notes tendered and accepted for purchase (the &#8220;Maximum Acceptance Amount&#8221;).&#160;</span></span></p>
<p style="margin: 0px; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif; text-indent: 0px;"><span style="mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: DE;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></span></p>
<p style="margin: 2pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"><span style="mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: DE;"><span style="font-family: 'times new roman', times; font-size: 10pt;">As a result of the cash tender offers, Ultrapar International received valid offers for the purchase of 2026 and 2029 notes in the aggregate principal amount of US$ <ix:nonFraction contextRef="I20220407_UltraparInternationalMember_NotesDue2026Member_TenderOffersToPurchaseNotesMember" name="ugp:AggregatePrincipalAmountOfValidOffersReceived" unitRef="USD" id="Tag5823" decimals="0" format="ixt:num-dot-decimal">114,329</ix:nonFraction> and US$ <ix:nonFraction contextRef="I20220407_UltraparInternationalMember_NotesDue2029Member_TenderOffersToPurchaseNotesMember" name="ugp:AggregatePrincipalAmountOfValidOffersReceived" unitRef="USD" id="Tag5822" decimals="0" format="ixt:num-dot-decimal">606,106</ix:nonFraction>, respectively. In view of this, it was decided to exercise their right to increase the initial aggregate tender amount to up to US$ <ix:nonFraction contextRef="I20220407_UltraparInternationalMember_TenderOffersToPurchaseNotesMember" name="ugp:ExerciseOfRightToIncreaseOfInitialAggregateTenderAmount" unitRef="USD" id="Tag5821" decimals="0" format="ixt:num-dot-decimal">599,996</ix:nonFraction>, which was used to purchase (i) all of the 2026 tendered notes and (ii) the equivalent to the aggregate principal amount of US$ <ix:nonFraction contextRef="I20220407_UltraparInternationalMember_NotesDue2029Member_TenderOffersToPurchaseNotesMember" name="ugp:AggregatePrincipalAmountOfNotesPurchasedThroughExerciseOfRightsToIncreaseOfInitialAggregateTenderAmount" unitRef="USD" id="Tag7845" decimals="0" format="ixt:num-dot-decimal">485,667</ix:nonFraction> of the 2029 tendered notes, representing <ix:nonFraction contextRef="D20220407_TenderOffersToPurchaseNotesMember_UltraparInternationalMember_NotesDue2026Member" name="ugp:PercentageOfOutstandingNotesPurchased" unitRef="Pure" id="Tag7813" decimals="4" scale="-2" format="ixt:num-dot-decimal">20.79</ix:nonFraction>% and <ix:nonFraction contextRef="D20220407_TenderOffersToPurchaseNotesMember_UltraparInternationalMember_NotesDue2029Member" name="ugp:PercentageOfOutstandingNotesPurchased" unitRef="Pure" id="Tag7810" decimals="4" scale="-2" format="ixt:num-dot-decimal">57.14</ix:nonFraction>% of the 2026 and 2029 outstanding notes, respectively. The purchase of the 2026 notes was settled on <ix:nonNumeric contextRef="D20220407_TenderOffersToPurchaseNotesMember_UltraparInternationalMember_NotesDue2026Member" name="ugp:DescriptionOfNotesSettlement" id="Tag7815" escape="true">April 14 and 18, 2022</ix:nonNumeric>, while the purchase of the 2029 notes was settled on <ix:nonNumeric contextRef="D20220407_TenderOffersToPurchaseNotesMember_UltraparInternationalMember_NotesDue2029Member" name="ugp:DescriptionOfNotesSettlement" id="Tag4" escape="true">April 27, 2022</ix:nonNumeric>.&#160;</span></span></p>
<p style="margin: 10pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"><span style="font-style: italic; font-family: 'times new roman', times; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: DE; font-weight: bold;"><span>d. Update on Extrafarma&#8217;s sale process</span></span></p>
<p style="margin: 10pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif; text-indent: 0px;"><span style="mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: DE;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Additionally, on May 18, 2021, Ultrapar entered into a share purchase and sale agreement for the sale of all shares of Extrafarma to Pague Menos. The completion of this transaction is subject to usual conditions precedent in such deals, including the approval by CADE. On May 7, 2022, CADE&#8217;s General Superintendent&#8217;s Office recommended the approval of the transaction, contingent on the execution of a Merger Control Agreement (&#8220;Acordo em Controle de Concentra&#231;&#245;es&#8221;) between Pague Menos and CADE, whereby Pague Menos shall undertake certain remedial measures to mitigate potential competitive issues arising out of the transaction. The recommendation made by the General&#8217;s Superintendent&#8217;s Office is now subject to CADE&#8217;s Tribunal review, which shall issue a final decision on the matter.</span></span></p>
</ix:nonNumeric>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><span style="font-size: 10pt;" class="pageno">F-141</span></td>
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    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ImportsInProgressMember" xlink:label="ugp_ImportsInProgressMember" xlink:title="ugp_ImportsInProgressMember" />
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    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_PrepaidTaxOtherThanIncomeTaxExpense" xlink:label="ugp_PrepaidTaxOtherThanIncomeTaxExpense" xlink:title="ugp_PrepaidTaxOtherThanIncomeTaxExpense" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_Prepayments" xlink:to="ugp_PrepaidTaxOtherThanIncomeTaxExpense" xlink:title="Calculation : ifrs-full_Prepayments to ugp_PrepaidTaxOtherThanIncomeTaxExpense" order="6" weight="1" use="optional" />
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  <link:calculationLink xlink:type="extended" xlink:role="http://www.ultrapar.com/role/CostsandexpensesbynatureCostsandexpensesbynatureDetail">
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentTradeReceivables" xlink:label="ifrs-full_CurrentTradeReceivables" xlink:title="ifrs-full_CurrentTradeReceivables" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" xlink:to="ifrs-full_CurrentTradeReceivables" xlink:title="Calculation : ifrs-full_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners to ifrs-full_CurrentTradeReceivables" order="2" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_CurrentResellerFinancing" xlink:label="ugp_CurrentResellerFinancing" xlink:title="ugp_CurrentResellerFinancing" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" xlink:to="ugp_CurrentResellerFinancing" xlink:title="Calculation : ifrs-full_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners to ugp_CurrentResellerFinancing" order="3" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_Inventories" xlink:label="ifrs-full_Inventories" xlink:title="ifrs-full_Inventories" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" xlink:to="ifrs-full_Inventories" xlink:title="Calculation : ifrs-full_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners to ifrs-full_Inventories" order="4" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax" xlink:label="ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax" xlink:title="ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" xlink:to="ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax" xlink:title="Calculation : ifrs-full_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners to ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax" order="5" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentTaxAssetsCurrent" xlink:label="ifrs-full_CurrentTaxAssetsCurrent" xlink:title="ifrs-full_CurrentTaxAssetsCurrent" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" xlink:to="ifrs-full_CurrentTaxAssetsCurrent" xlink:title="Calculation : ifrs-full_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners to ifrs-full_CurrentTaxAssetsCurrent" order="6" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DividendsReceivableCurrent" xlink:label="ugp_DividendsReceivableCurrent" xlink:title="ugp_DividendsReceivableCurrent" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" xlink:to="ugp_DividendsReceivableCurrent" xlink:title="Calculation : ifrs-full_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners to ugp_DividendsReceivableCurrent" order="7" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_TradeAndOtherCurrentReceivables" xlink:label="ifrs-full_TradeAndOtherCurrentReceivables" xlink:title="ifrs-full_TradeAndOtherCurrentReceivables" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" xlink:to="ifrs-full_TradeAndOtherCurrentReceivables" xlink:title="Calculation : ifrs-full_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners to ifrs-full_TradeAndOtherCurrentReceivables" order="8" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentPrepaidExpenses" xlink:label="ifrs-full_CurrentPrepaidExpenses" xlink:title="ifrs-full_CurrentPrepaidExpenses" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" xlink:to="ifrs-full_CurrentPrepaidExpenses" xlink:title="Calculation : ifrs-full_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners to ifrs-full_CurrentPrepaidExpenses" order="9" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentContractAssets" xlink:label="ifrs-full_CurrentContractAssets" xlink:title="ifrs-full_CurrentContractAssets" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" xlink:to="ifrs-full_CurrentContractAssets" xlink:title="Calculation : ifrs-full_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners to ifrs-full_CurrentContractAssets" order="10" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" xlink:label="ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" xlink:title="ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_CurrentAssets" xlink:to="ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" xlink:title="Calculation : ifrs-full_CurrentAssets to ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" order="1" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentAssets" xlink:label="ifrs-full_NoncurrentAssets" xlink:title="ifrs-full_NoncurrentAssets" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_Assets" xlink:to="ifrs-full_NoncurrentAssets" xlink:title="Calculation : ifrs-full_Assets to ifrs-full_NoncurrentAssets" order="1" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherNoncurrentFinancialAssets" xlink:label="ifrs-full_OtherNoncurrentFinancialAssets" xlink:title="ifrs-full_OtherNoncurrentFinancialAssets" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_NoncurrentAssets" xlink:to="ifrs-full_OtherNoncurrentFinancialAssets" xlink:title="Calculation : ifrs-full_NoncurrentAssets to ifrs-full_OtherNoncurrentFinancialAssets" order="0" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentTradeReceivables" xlink:label="ifrs-full_NoncurrentTradeReceivables" xlink:title="ifrs-full_NoncurrentTradeReceivables" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_NoncurrentAssets" xlink:to="ifrs-full_NoncurrentTradeReceivables" xlink:title="Calculation : ifrs-full_NoncurrentAssets to ifrs-full_NoncurrentTradeReceivables" order="1" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NonCurrentResellerFinancing" xlink:label="ugp_NonCurrentResellerFinancing" xlink:title="ugp_NonCurrentResellerFinancing" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_NoncurrentAssets" xlink:to="ugp_NonCurrentResellerFinancing" xlink:title="Calculation : ifrs-full_NoncurrentAssets to ugp_NonCurrentResellerFinancing" order="2" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_TradeAndOtherReceivablesDueFromRelatedParties" xlink:label="ifrs-full_TradeAndOtherReceivablesDueFromRelatedParties" xlink:title="ifrs-full_TradeAndOtherReceivablesDueFromRelatedParties" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_NoncurrentAssets" xlink:to="ifrs-full_TradeAndOtherReceivablesDueFromRelatedParties" xlink:title="Calculation : ifrs-full_NoncurrentAssets to ifrs-full_TradeAndOtherReceivablesDueFromRelatedParties" order="3" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DeferredTaxAssets" xlink:label="ifrs-full_DeferredTaxAssets" xlink:title="ifrs-full_DeferredTaxAssets" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_NoncurrentAssets" xlink:to="ifrs-full_DeferredTaxAssets" xlink:title="Calculation : ifrs-full_NoncurrentAssets to ifrs-full_DeferredTaxAssets" order="4" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax" xlink:label="ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax" xlink:title="ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_NoncurrentAssets" xlink:to="ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax" xlink:title="Calculation : ifrs-full_NoncurrentAssets to ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax" order="5" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentTaxAssetsNoncurrent" xlink:label="ifrs-full_CurrentTaxAssetsNoncurrent" xlink:title="ifrs-full_CurrentTaxAssetsNoncurrent" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_NoncurrentAssets" xlink:to="ifrs-full_CurrentTaxAssetsNoncurrent" xlink:title="Calculation : ifrs-full_NoncurrentAssets to ifrs-full_CurrentTaxAssetsNoncurrent" order="6" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LongtermDeposits" xlink:label="ifrs-full_LongtermDeposits" xlink:title="ifrs-full_LongtermDeposits" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_NoncurrentAssets" xlink:to="ifrs-full_LongtermDeposits" xlink:title="Calculation : ifrs-full_NoncurrentAssets to ifrs-full_LongtermDeposits" order="7" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_IndemnificationAssetBusinessCombination" xlink:label="ugp_IndemnificationAssetBusinessCombination" xlink:title="ugp_IndemnificationAssetBusinessCombination" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_NoncurrentAssets" xlink:to="ugp_IndemnificationAssetBusinessCombination" xlink:title="Calculation : ifrs-full_NoncurrentAssets to ugp_IndemnificationAssetBusinessCombination" order="8" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherNoncurrentReceivables" xlink:label="ifrs-full_OtherNoncurrentReceivables" xlink:title="ifrs-full_OtherNoncurrentReceivables" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_NoncurrentAssets" xlink:to="ifrs-full_OtherNoncurrentReceivables" xlink:title="Calculation : ifrs-full_NoncurrentAssets to ifrs-full_OtherNoncurrentReceivables" order="9" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentPrepayments" xlink:label="ifrs-full_NoncurrentPrepayments" xlink:title="ifrs-full_NoncurrentPrepayments" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_NoncurrentAssets" xlink:to="ifrs-full_NoncurrentPrepayments" xlink:title="Calculation : ifrs-full_NoncurrentAssets to ifrs-full_NoncurrentPrepayments" order="10" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentContractAssets" xlink:label="ifrs-full_NoncurrentContractAssets" xlink:title="ifrs-full_NoncurrentContractAssets" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_NoncurrentAssets" xlink:to="ifrs-full_NoncurrentContractAssets" xlink:title="Calculation : ifrs-full_NoncurrentAssets to ifrs-full_NoncurrentContractAssets" order="11" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NonCurrentInvestments" xlink:label="ugp_NonCurrentInvestments" xlink:title="ugp_NonCurrentInvestments" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_NoncurrentAssets" xlink:to="ugp_NonCurrentInvestments" xlink:title="Calculation : ifrs-full_NoncurrentAssets to ugp_NonCurrentInvestments" order="12" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_InvestmentsInJointVenturesAccountedForUsingEquityMethod" xlink:label="ifrs-full_InvestmentsInJointVenturesAccountedForUsingEquityMethod" xlink:title="ifrs-full_InvestmentsInJointVenturesAccountedForUsingEquityMethod" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ugp_NonCurrentInvestments" xlink:to="ifrs-full_InvestmentsInJointVenturesAccountedForUsingEquityMethod" xlink:title="Calculation : ugp_NonCurrentInvestments to ifrs-full_InvestmentsInJointVenturesAccountedForUsingEquityMethod" order="0" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_InvestmentsInAssociatesAccountedForUsingEquityMethod" xlink:label="ifrs-full_InvestmentsInAssociatesAccountedForUsingEquityMethod" xlink:title="ifrs-full_InvestmentsInAssociatesAccountedForUsingEquityMethod" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ugp_NonCurrentInvestments" xlink:to="ifrs-full_InvestmentsInAssociatesAccountedForUsingEquityMethod" xlink:title="Calculation : ugp_NonCurrentInvestments to ifrs-full_InvestmentsInAssociatesAccountedForUsingEquityMethod" order="1" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" xlink:label="ifrs-full_NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" xlink:title="ifrs-full_NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ugp_NonCurrentInvestments" xlink:to="ifrs-full_NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" xlink:title="Calculation : ugp_NonCurrentInvestments to ifrs-full_NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" order="2" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RightofuseAssets" xlink:label="ifrs-full_RightofuseAssets" xlink:title="ifrs-full_RightofuseAssets" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_NoncurrentAssets" xlink:to="ifrs-full_RightofuseAssets" xlink:title="Calculation : ifrs-full_NoncurrentAssets to ifrs-full_RightofuseAssets" order="13" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_PropertyPlantAndEquipment" xlink:label="ifrs-full_PropertyPlantAndEquipment" xlink:title="ifrs-full_PropertyPlantAndEquipment" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_NoncurrentAssets" xlink:to="ifrs-full_PropertyPlantAndEquipment" xlink:title="Calculation : ifrs-full_NoncurrentAssets to ifrs-full_PropertyPlantAndEquipment" order="14" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IntangibleAssetsAndGoodwill" xlink:label="ifrs-full_IntangibleAssetsAndGoodwill" xlink:title="ifrs-full_IntangibleAssetsAndGoodwill" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_NoncurrentAssets" xlink:to="ifrs-full_IntangibleAssetsAndGoodwill" xlink:title="Calculation : ifrs-full_NoncurrentAssets to ifrs-full_IntangibleAssetsAndGoodwill" order="15" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_EquityAndLiabilities" xlink:label="ifrs-full_EquityAndLiabilities" xlink:title="ifrs-full_EquityAndLiabilities" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentLiabilities" xlink:label="ifrs-full_CurrentLiabilities" xlink:title="ifrs-full_CurrentLiabilities" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_EquityAndLiabilities" xlink:to="ifrs-full_CurrentLiabilities" xlink:title="Calculation : ifrs-full_EquityAndLiabilities to ifrs-full_CurrentLiabilities" order="0" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentLiabilitiesOtherThanLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:label="ifrs-full_CurrentLiabilitiesOtherThanLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:title="ifrs-full_CurrentLiabilitiesOtherThanLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_CurrentLiabilities" xlink:to="ifrs-full_CurrentLiabilitiesOtherThanLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:title="Calculation : ifrs-full_CurrentLiabilities to ifrs-full_CurrentLiabilitiesOtherThanLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" order="0" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_LoansFinancingAndHedgingInstrumentsCurrent" xlink:label="ugp_LoansFinancingAndHedgingInstrumentsCurrent" xlink:title="ugp_LoansFinancingAndHedgingInstrumentsCurrent" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_CurrentLiabilitiesOtherThanLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:to="ugp_LoansFinancingAndHedgingInstrumentsCurrent" xlink:title="Calculation : ifrs-full_CurrentLiabilitiesOtherThanLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale to ugp_LoansFinancingAndHedgingInstrumentsCurrent" order="0" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentNotesAndDebenturesIssuedAndCurrentPortionOfNoncurrentNotesAndDebenturesIssued" xlink:label="ifrs-full_CurrentNotesAndDebenturesIssuedAndCurrentPortionOfNoncurrentNotesAndDebenturesIssued" xlink:title="ifrs-full_CurrentNotesAndDebenturesIssuedAndCurrentPortionOfNoncurrentNotesAndDebenturesIssued" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_CurrentLiabilitiesOtherThanLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:to="ifrs-full_CurrentNotesAndDebenturesIssuedAndCurrentPortionOfNoncurrentNotesAndDebenturesIssued" xlink:title="Calculation : ifrs-full_CurrentLiabilitiesOtherThanLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale to ifrs-full_CurrentNotesAndDebenturesIssuedAndCurrentPortionOfNoncurrentNotesAndDebenturesIssued" order="1" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers" xlink:label="ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers" xlink:title="ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_CurrentLiabilitiesOtherThanLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:to="ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers" xlink:title="Calculation : ifrs-full_CurrentLiabilitiesOtherThanLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale to ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers" order="2" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_TradeCurrentPayablesReverseFactoring" xlink:label="ugp_TradeCurrentPayablesReverseFactoring" xlink:title="ugp_TradeCurrentPayablesReverseFactoring" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_CurrentLiabilitiesOtherThanLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:to="ugp_TradeCurrentPayablesReverseFactoring" xlink:title="Calculation : ifrs-full_CurrentLiabilitiesOtherThanLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale to ugp_TradeCurrentPayablesReverseFactoring" order="3" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ShorttermEmployeeBenefitsAccruals" xlink:label="ifrs-full_ShorttermEmployeeBenefitsAccruals" xlink:title="ifrs-full_ShorttermEmployeeBenefitsAccruals" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_CurrentLiabilitiesOtherThanLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:to="ifrs-full_ShorttermEmployeeBenefitsAccruals" xlink:title="Calculation : ifrs-full_CurrentLiabilitiesOtherThanLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale to ifrs-full_ShorttermEmployeeBenefitsAccruals" order="4" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentTaxLiabilitiesCurrent" xlink:label="ifrs-full_CurrentTaxLiabilitiesCurrent" xlink:title="ifrs-full_CurrentTaxLiabilitiesCurrent" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_CurrentLiabilitiesOtherThanLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:to="ifrs-full_CurrentTaxLiabilitiesCurrent" xlink:title="Calculation : ifrs-full_CurrentLiabilitiesOtherThanLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale to ifrs-full_CurrentTaxLiabilitiesCurrent" order="5" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax" xlink:label="ifrs-full_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax" xlink:title="ifrs-full_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_CurrentLiabilitiesOtherThanLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:to="ifrs-full_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax" xlink:title="Calculation : ifrs-full_CurrentLiabilitiesOtherThanLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale to ifrs-full_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax" order="6" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentDividendPayables" xlink:label="ifrs-full_CurrentDividendPayables" xlink:title="ifrs-full_CurrentDividendPayables" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_CurrentLiabilitiesOtherThanLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:to="ifrs-full_CurrentDividendPayables" xlink:title="Calculation : ifrs-full_CurrentLiabilitiesOtherThanLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale to ifrs-full_CurrentDividendPayables" order="7" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentProvisionsForEmployeeBenefits" xlink:label="ifrs-full_CurrentProvisionsForEmployeeBenefits" xlink:title="ifrs-full_CurrentProvisionsForEmployeeBenefits" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_CurrentLiabilitiesOtherThanLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:to="ifrs-full_CurrentProvisionsForEmployeeBenefits" xlink:title="Calculation : ifrs-full_CurrentLiabilitiesOtherThanLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale to ifrs-full_CurrentProvisionsForEmployeeBenefits" order="8" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_CurrentProvisionAssetRetirementObligation" xlink:label="ugp_CurrentProvisionAssetRetirementObligation" xlink:title="ugp_CurrentProvisionAssetRetirementObligation" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_CurrentLiabilitiesOtherThanLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:to="ugp_CurrentProvisionAssetRetirementObligation" xlink:title="Calculation : ifrs-full_CurrentLiabilitiesOtherThanLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale to ugp_CurrentProvisionAssetRetirementObligation" order="9" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ShorttermLegalProceedingsProvision" xlink:label="ifrs-full_ShorttermLegalProceedingsProvision" xlink:title="ifrs-full_ShorttermLegalProceedingsProvision" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_CurrentLiabilitiesOtherThanLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:to="ifrs-full_ShorttermLegalProceedingsProvision" xlink:title="Calculation : ifrs-full_CurrentLiabilitiesOtherThanLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale to ifrs-full_ShorttermLegalProceedingsProvision" order="10" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentLeaseLiabilities" xlink:label="ifrs-full_CurrentLeaseLiabilities" xlink:title="ifrs-full_CurrentLeaseLiabilities" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_CurrentLiabilitiesOtherThanLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:to="ifrs-full_CurrentLeaseLiabilities" xlink:title="Calculation : ifrs-full_CurrentLiabilitiesOtherThanLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale to ifrs-full_CurrentLeaseLiabilities" order="11" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherCurrentPayables" xlink:label="ifrs-full_OtherCurrentPayables" xlink:title="ifrs-full_OtherCurrentPayables" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_CurrentLiabilitiesOtherThanLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:to="ifrs-full_OtherCurrentPayables" xlink:title="Calculation : ifrs-full_CurrentLiabilitiesOtherThanLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale to ifrs-full_OtherCurrentPayables" order="12" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentDeferredIncomeIncludingCurrentContractLiabilities" xlink:label="ifrs-full_CurrentDeferredIncomeIncludingCurrentContractLiabilities" xlink:title="ifrs-full_CurrentDeferredIncomeIncludingCurrentContractLiabilities" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_CurrentLiabilitiesOtherThanLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:to="ifrs-full_CurrentDeferredIncomeIncludingCurrentContractLiabilities" xlink:title="Calculation : ifrs-full_CurrentLiabilitiesOtherThanLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale to ifrs-full_CurrentDeferredIncomeIncludingCurrentContractLiabilities" order="13" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:label="ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:title="ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_CurrentLiabilities" xlink:to="ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:title="Calculation : ifrs-full_CurrentLiabilities to ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" order="1" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentLiabilities" xlink:label="ifrs-full_NoncurrentLiabilities" xlink:title="ifrs-full_NoncurrentLiabilities" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_EquityAndLiabilities" xlink:to="ifrs-full_NoncurrentLiabilities" xlink:title="Calculation : ifrs-full_EquityAndLiabilities to ifrs-full_NoncurrentLiabilities" order="1" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_LoansFinancingAndHedgingInstrumentsNonCurrent" xlink:label="ugp_LoansFinancingAndHedgingInstrumentsNonCurrent" xlink:title="ugp_LoansFinancingAndHedgingInstrumentsNonCurrent" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_NoncurrentLiabilities" xlink:to="ugp_LoansFinancingAndHedgingInstrumentsNonCurrent" xlink:title="Calculation : ifrs-full_NoncurrentLiabilities to ugp_LoansFinancingAndHedgingInstrumentsNonCurrent" order="0" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentPortionOfNoncurrentNotesAndDebenturesIssued" xlink:label="ifrs-full_NoncurrentPortionOfNoncurrentNotesAndDebenturesIssued" xlink:title="ifrs-full_NoncurrentPortionOfNoncurrentNotesAndDebenturesIssued" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_NoncurrentLiabilities" xlink:to="ifrs-full_NoncurrentPortionOfNoncurrentNotesAndDebenturesIssued" xlink:title="Calculation : ifrs-full_NoncurrentLiabilities to ifrs-full_NoncurrentPortionOfNoncurrentNotesAndDebenturesIssued" order="1" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentPayablesToRelatedParties" xlink:label="ifrs-full_NoncurrentPayablesToRelatedParties" xlink:title="ifrs-full_NoncurrentPayablesToRelatedParties" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_NoncurrentLiabilities" xlink:to="ifrs-full_NoncurrentPayablesToRelatedParties" xlink:title="Calculation : ifrs-full_NoncurrentLiabilities to ifrs-full_NoncurrentPayablesToRelatedParties" order="2" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DeferredTaxLiabilities" xlink:label="ifrs-full_DeferredTaxLiabilities" xlink:title="ifrs-full_DeferredTaxLiabilities" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_NoncurrentLiabilities" xlink:to="ifrs-full_DeferredTaxLiabilities" xlink:title="Calculation : ifrs-full_NoncurrentLiabilities to ifrs-full_DeferredTaxLiabilities" order="3" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentProvisionsForEmployeeBenefits" xlink:label="ifrs-full_NoncurrentProvisionsForEmployeeBenefits" xlink:title="ifrs-full_NoncurrentProvisionsForEmployeeBenefits" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_NoncurrentLiabilities" xlink:to="ifrs-full_NoncurrentProvisionsForEmployeeBenefits" xlink:title="Calculation : ifrs-full_NoncurrentLiabilities to ifrs-full_NoncurrentProvisionsForEmployeeBenefits" order="4" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LongtermLegalProceedingsProvision" xlink:label="ifrs-full_LongtermLegalProceedingsProvision" xlink:title="ifrs-full_LongtermLegalProceedingsProvision" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_NoncurrentLiabilities" xlink:to="ifrs-full_LongtermLegalProceedingsProvision" xlink:title="Calculation : ifrs-full_NoncurrentLiabilities to ifrs-full_LongtermLegalProceedingsProvision" order="5" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentLeaseLiabilities" xlink:label="ifrs-full_NoncurrentLeaseLiabilities" xlink:title="ifrs-full_NoncurrentLeaseLiabilities" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_NoncurrentLiabilities" xlink:to="ifrs-full_NoncurrentLeaseLiabilities" xlink:title="Calculation : ifrs-full_NoncurrentLiabilities to ifrs-full_NoncurrentLeaseLiabilities" order="6" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NonCurrentIndemnificationForSubscriptionWarrants" xlink:label="ugp_NonCurrentIndemnificationForSubscriptionWarrants" xlink:title="ugp_NonCurrentIndemnificationForSubscriptionWarrants" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_NoncurrentLiabilities" xlink:to="ugp_NonCurrentIndemnificationForSubscriptionWarrants" xlink:title="Calculation : ifrs-full_NoncurrentLiabilities to ugp_NonCurrentIndemnificationForSubscriptionWarrants" order="7" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NonCurrentProvisionForShortTermLiabilitiesOfJointVenture" xlink:label="ugp_NonCurrentProvisionForShortTermLiabilitiesOfJointVenture" xlink:title="ugp_NonCurrentProvisionForShortTermLiabilitiesOfJointVenture" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_NoncurrentLiabilities" xlink:to="ugp_NonCurrentProvisionForShortTermLiabilitiesOfJointVenture" xlink:title="Calculation : ifrs-full_NoncurrentLiabilities to ugp_NonCurrentProvisionForShortTermLiabilitiesOfJointVenture" order="8" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherNoncurrentPayables" xlink:label="ifrs-full_OtherNoncurrentPayables" xlink:title="ifrs-full_OtherNoncurrentPayables" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_NoncurrentLiabilities" xlink:to="ifrs-full_OtherNoncurrentPayables" xlink:title="Calculation : ifrs-full_NoncurrentLiabilities to ifrs-full_OtherNoncurrentPayables" order="9" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NonCurrentProvisionForAssetRetirementObligation" xlink:label="ugp_NonCurrentProvisionForAssetRetirementObligation" xlink:title="ugp_NonCurrentProvisionForAssetRetirementObligation" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_NoncurrentLiabilities" xlink:to="ugp_NonCurrentProvisionForAssetRetirementObligation" xlink:title="Calculation : ifrs-full_NoncurrentLiabilities to ugp_NonCurrentProvisionForAssetRetirementObligation" order="10" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_Equity" xlink:label="ifrs-full_Equity" xlink:title="ifrs-full_Equity" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_EquityAndLiabilities" xlink:to="ifrs-full_Equity" xlink:title="Calculation : ifrs-full_EquityAndLiabilities to ifrs-full_Equity" order="2" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_EquityAttributableToOwnersOfParent" xlink:label="ifrs-full_EquityAttributableToOwnersOfParent" xlink:title="ifrs-full_EquityAttributableToOwnersOfParent" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_Equity" xlink:to="ifrs-full_EquityAttributableToOwnersOfParent" xlink:title="Calculation : ifrs-full_Equity to ifrs-full_EquityAttributableToOwnersOfParent" order="0" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IssuedCapital" xlink:label="ifrs-full_IssuedCapital" xlink:title="ifrs-full_IssuedCapital" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_EquityAttributableToOwnersOfParent" xlink:to="ifrs-full_IssuedCapital" xlink:title="Calculation : ifrs-full_EquityAttributableToOwnersOfParent to ifrs-full_IssuedCapital" order="0" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_EquityInstrumentsGranted" xlink:label="ugp_EquityInstrumentsGranted" xlink:title="ugp_EquityInstrumentsGranted" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_EquityAttributableToOwnersOfParent" xlink:to="ugp_EquityInstrumentsGranted" xlink:title="Calculation : ifrs-full_EquityAttributableToOwnersOfParent to ugp_EquityInstrumentsGranted" order="1" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CapitalReserve" xlink:label="ifrs-full_CapitalReserve" xlink:title="ifrs-full_CapitalReserve" />
    <link:calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-full_EquityAttributableToOwnersOfParent" xlink:to="ifrs-full_CapitalReserve" xlink:title="Calculation : ifrs-full_EquityAttributableToOwnersOfParent to ifrs-full_CapitalReserve" order="2" weight="1" use="optional" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_TreasuryShares" xlink:label="ifrs-full_TreasuryShares" xlink:title="ifrs-full_TreasuryShares" />
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  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel" />
  <link:labelLink xlink:type="extended" xlink:role="http://www.xbrl.org/2003/role/link">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember" xlink:label="LaterThanThreeYearsAndNotLaterThanFiveYearsMember" xlink:title="LaterThanThreeYearsAndNotLaterThanFiveYearsMember" />
    <link:label xlink:type="resource" xlink:label="label_LaterThanThreeYearsAndNotLaterThanFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LaterThanThreeYearsAndNotLaterThanFiveYearsMember" xml:lang="en-US" id="label_LaterThanThreeYearsAndNotLaterThanFiveYearsMember">Between 3 and 5 years [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanThreeYearsAndNotLaterThanFiveYearsMember" xlink:to="label_LaterThanThreeYearsAndNotLaterThanFiveYearsMember" xlink:title="Label : LaterThanThreeYearsAndNotLaterThanFiveYearsMember to label_LaterThanThreeYearsAndNotLaterThanFiveYearsMember" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ForeignExchangeHedgingInstrumentsAssetsInterestEffect" xlink:label="ForeignExchangeHedgingInstrumentsAssetsInterestEffect" xlink:title="ForeignExchangeHedgingInstrumentsAssetsInterestEffect" />
    <link:label xlink:type="resource" xlink:label="label_ForeignExchangeHedgingInstrumentsAssetsInterestEffect" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ForeignExchangeHedgingInstrumentsAssetsInterestEffect" xml:lang="en-US" id="label_ForeignExchangeHedgingInstrumentsAssetsInterestEffect">Foreign Exchange Hedging Instruments Assets Interest Effect</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignExchangeHedgingInstrumentsAssetsInterestEffect" xlink:to="label_ForeignExchangeHedgingInstrumentsAssetsInterestEffect" xlink:title="Label : ForeignExchangeHedgingInstrumentsAssetsInterestEffect to label_ForeignExchangeHedgingInstrumentsAssetsInterestEffect" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AssetPositionOfForeignExchangeHedgingInstrumentsMember" xlink:label="AssetPositionOfForeignExchangeHedgingInstrumentsMember" xlink:title="AssetPositionOfForeignExchangeHedgingInstrumentsMember" />
    <link:label xlink:type="resource" xlink:label="label_AssetPositionOfForeignExchangeHedgingInstrumentsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AssetPositionOfForeignExchangeHedgingInstrumentsMember" xml:lang="en-US" id="label_AssetPositionOfForeignExchangeHedgingInstrumentsMember">Asset Position of Foreign Exchange Hedging Instruments [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AssetPositionOfForeignExchangeHedgingInstrumentsMember" xlink:to="label_AssetPositionOfForeignExchangeHedgingInstrumentsMember" xlink:title="Label : AssetPositionOfForeignExchangeHedgingInstrumentsMember to label_AssetPositionOfForeignExchangeHedgingInstrumentsMember" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_IpirangaProdutosDepetroleoSaAndUltracargoLogisticaSAMember" xlink:label="IpirangaProdutosDepetroleoSaAndUltracargoLogisticaSAMember" xlink:title="IpirangaProdutosDepetroleoSaAndUltracargoLogisticaSAMember" />
    <link:label xlink:type="resource" xlink:label="label_IpirangaProdutosDepetroleoSaAndUltracargoLogisticaSAMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IpirangaProdutosDepetroleoSaAndUltracargoLogisticaSAMember" xml:lang="en-US" id="label_IpirangaProdutosDepetroleoSaAndUltracargoLogisticaSAMember">Ipiranga Produtosde Petroleo S.A. and Ultracargo Logistica S.A. [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IpirangaProdutosDepetroleoSaAndUltracargoLogisticaSAMember" xlink:to="label_IpirangaProdutosDepetroleoSaAndUltracargoLogisticaSAMember" xlink:title="Label : IpirangaProdutosDepetroleoSaAndUltracargoLogisticaSAMember to label_IpirangaProdutosDepetroleoSaAndUltracargoLogisticaSAMember" />
    <link:label xlink:type="resource" xlink:label="label_IpirangaProdutosDepetroleoSaAndUltracargoLogisticaSAMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IpirangaProdutosDepetroleoSaAndUltracargoLogisticaSAMember_1" xml:lang="en-US" id="label_IpirangaProdutosDepetroleoSaAndUltracargoLogisticaSAMember_1">IPP and Ultracargo Log&#xED;stica S.A. [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IpirangaProdutosDepetroleoSaAndUltracargoLogisticaSAMember" xlink:to="label_IpirangaProdutosDepetroleoSaAndUltracargoLogisticaSAMember_1" xlink:title="Label : IpirangaProdutosDepetroleoSaAndUltracargoLogisticaSAMember to label_IpirangaProdutosDepetroleoSaAndUltracargoLogisticaSAMember_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_InvestmentPlan" xlink:label="InvestmentPlan" xlink:title="InvestmentPlan" />
    <link:label xlink:type="resource" xlink:label="label_InvestmentPlan" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_InvestmentPlan" xml:lang="en-US" id="label_InvestmentPlan">Investment Plan</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentPlan" xlink:to="label_InvestmentPlan" xlink:title="Label : InvestmentPlan to label_InvestmentPlan" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CashFlowHedgesAbstract" xlink:label="CashFlowHedgesAbstract" xlink:title="CashFlowHedgesAbstract" />
    <link:label xlink:type="resource" xlink:label="label_CashFlowHedgesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CashFlowHedgesAbstract" xml:lang="en-US" id="label_CashFlowHedgesAbstract">Cash Flow Hedge</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowHedgesAbstract" xlink:to="label_CashFlowHedgesAbstract" xlink:title="Label : CashFlowHedgesAbstract to label_CashFlowHedgesAbstract" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DebenturesTenthIssueMember" xlink:label="DebenturesTenthIssueMember" xlink:title="DebenturesTenthIssueMember" />
    <link:label xlink:type="resource" xlink:label="label_DebenturesTenthIssueMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DebenturesTenthIssueMember" xml:lang="en-US" id="label_DebenturesTenthIssueMember">This member stands for the information pertaining to debentures tenth issue.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebenturesTenthIssueMember" xlink:to="label_DebenturesTenthIssueMember" xlink:title="Label : DebenturesTenthIssueMember to label_DebenturesTenthIssueMember" />
    <link:label xlink:type="resource" xlink:label="label_DebenturesTenthIssueMember_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DebenturesTenthIssueMember_1" xml:lang="en-US" id="label_DebenturesTenthIssueMember_1">Debentures Tenth Issue [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebenturesTenthIssueMember" xlink:to="label_DebenturesTenthIssueMember_1" xlink:title="Label : DebenturesTenthIssueMember to label_DebenturesTenthIssueMember_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DebentureElevenMember" xlink:label="DebentureElevenMember" xlink:title="DebentureElevenMember" />
    <link:label xlink:type="resource" xlink:label="label_DebentureElevenMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DebentureElevenMember" xml:lang="en-US" id="label_DebentureElevenMember">This member stands for the information pertaining to debenture eleven.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebentureElevenMember" xlink:to="label_DebentureElevenMember" xlink:title="Label : DebentureElevenMember to label_DebentureElevenMember" />
    <link:label xlink:type="resource" xlink:label="label_DebentureElevenMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DebentureElevenMember_1" xml:lang="en-US" id="label_DebentureElevenMember_1">Debenture eleven [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebentureElevenMember" xlink:to="label_DebentureElevenMember_1" xlink:title="Label : DebentureElevenMember to label_DebentureElevenMember_1" />
    <link:label xlink:type="resource" xlink:label="label_DebentureElevenMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DebentureElevenMember_2" xml:lang="en-US" id="label_DebentureElevenMember_2">Debenture Eleven [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebentureElevenMember" xlink:to="label_DebentureElevenMember_2" xlink:title="Label : DebentureElevenMember to label_DebentureElevenMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DebentureTwelveMember" xlink:label="DebentureTwelveMember" xlink:title="DebentureTwelveMember" />
    <link:label xlink:type="resource" xlink:label="label_DebentureTwelveMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DebentureTwelveMember" xml:lang="en-US" id="label_DebentureTwelveMember">This member stands for the information pertaining to debenture twelve.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebentureTwelveMember" xlink:to="label_DebentureTwelveMember" xlink:title="Label : DebentureTwelveMember to label_DebentureTwelveMember" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DebentureThirteenMember" xlink:label="DebentureThirteenMember" xlink:title="DebentureThirteenMember" />
    <link:label xlink:type="resource" xlink:label="label_DebentureThirteenMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DebentureThirteenMember" xml:lang="en-US" id="label_DebentureThirteenMember">This member stands for the information pertaining to debenture thirteen.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebentureThirteenMember" xlink:to="label_DebentureThirteenMember" xlink:title="Label : DebentureThirteenMember to label_DebentureThirteenMember" />
    <link:label xlink:type="resource" xlink:label="label_DebentureTwelveMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DebentureTwelveMember_1" xml:lang="en-US" id="label_DebentureTwelveMember_1">Debenture twelve [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebentureTwelveMember" xlink:to="label_DebentureTwelveMember_1" xlink:title="Label : DebentureTwelveMember to label_DebentureTwelveMember_1" />
    <link:label xlink:type="resource" xlink:label="label_DebentureTwelveMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DebentureTwelveMember_2" xml:lang="en-US" id="label_DebentureTwelveMember_2">Debenture Twelve [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebentureTwelveMember" xlink:to="label_DebentureTwelveMember_2" xlink:title="Label : DebentureTwelveMember to label_DebentureTwelveMember_2" />
    <link:label xlink:type="resource" xlink:label="label_DebentureThirteenMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DebentureThirteenMember_1" xml:lang="en-US" id="label_DebentureThirteenMember_1">Debenture thirteen [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebentureThirteenMember" xlink:to="label_DebentureThirteenMember_1" xlink:title="Label : DebentureThirteenMember to label_DebentureThirteenMember_1" />
    <link:label xlink:type="resource" xlink:label="label_DebentureThirteenMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DebentureThirteenMember_2" xml:lang="en-US" id="label_DebentureThirteenMember_2">Debenture Thirteen [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebentureThirteenMember" xlink:to="label_DebentureThirteenMember_2" xlink:title="Label : DebentureThirteenMember to label_DebentureThirteenMember_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherIncome" xlink:label="OtherIncome" xlink:title="OtherIncome" />
    <link:label xlink:type="resource" xlink:label="label_OtherIncome" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_OtherIncome" xml:lang="en-US" id="label_OtherIncome">Total other operating income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherIncome" xlink:to="label_OtherIncome" xlink:title="Label : OtherIncome to label_OtherIncome" />
    <link:label xlink:type="resource" xlink:label="label_DebenturesTenthIssueMember_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DebenturesTenthIssueMember_2" xml:lang="en-US" id="label_DebenturesTenthIssueMember_2">Debentures tenth issue [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebenturesTenthIssueMember" xlink:to="label_DebenturesTenthIssueMember_2" xlink:title="Label : DebenturesTenthIssueMember to label_DebenturesTenthIssueMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AssetsHeldForSaleMember" xlink:label="AssetsHeldForSaleMember" xlink:title="AssetsHeldForSaleMember" />
    <link:label xlink:type="resource" xlink:label="label_AssetsHeldForSaleMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AssetsHeldForSaleMember" xml:lang="en-US" id="label_AssetsHeldForSaleMember">Assets held for sale [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AssetsHeldForSaleMember" xlink:to="label_AssetsHeldForSaleMember" xlink:title="Label : AssetsHeldForSaleMember to label_AssetsHeldForSaleMember" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherGainsLosses" xlink:label="OtherGainsLosses" xlink:title="OtherGainsLosses" />
    <link:label xlink:type="resource" xlink:label="label_OtherGainsLosses" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherGainsLosses" xml:lang="en-US" id="label_OtherGainsLosses">Other operating income, net</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherGainsLosses" xlink:to="label_OtherGainsLosses" xlink:title="Label : OtherGainsLosses to label_OtherGainsLosses" />
    <link:label xlink:type="resource" xlink:label="label_OtherGainsLosses_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherGainsLosses_1" xml:lang="en-US" id="label_OtherGainsLosses_1">Other gains (losses)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherGainsLosses" xlink:to="label_OtherGainsLosses_1" xlink:title="Label : OtherGainsLosses to label_OtherGainsLosses_1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2021/elts/srt-2021-01-31.xsd#srt_ParentCompanyMember" xlink:label="ParentCompanyMember" xlink:title="ParentCompanyMember" />
    <link:label xlink:type="resource" xlink:label="label_ParentCompanyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ParentCompanyMember" xml:lang="en-US" id="label_ParentCompanyMember">Parent Company [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ParentCompanyMember" xlink:to="label_ParentCompanyMember" xlink:title="Label : ParentCompanyMember to label_ParentCompanyMember" />
    <link:label xlink:type="resource" xlink:label="label_AssetsHeldForSaleMember_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AssetsHeldForSaleMember_1" xml:lang="en-US" id="label_AssetsHeldForSaleMember_1">This member stands for the information pertaining to assets held for sale.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AssetsHeldForSaleMember" xlink:to="label_AssetsHeldForSaleMember_1" xlink:title="Label : AssetsHeldForSaleMember to label_AssetsHeldForSaleMember_1" />
    <link:label xlink:type="resource" xlink:label="label_AssetsHeldForSaleMember_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AssetsHeldForSaleMember_2" xml:lang="en-US" id="label_AssetsHeldForSaleMember_2">Assets from subsidiaries held for sale</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AssetsHeldForSaleMember" xlink:to="label_AssetsHeldForSaleMember_2" xlink:title="Label : AssetsHeldForSaleMember to label_AssetsHeldForSaleMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_BrazilianRealPerUSDollarMember" xlink:label="BrazilianRealPerUSDollarMember" xlink:title="BrazilianRealPerUSDollarMember" />
    <link:label xlink:type="resource" xlink:label="label_BrazilianRealPerUSDollarMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_BrazilianRealPerUSDollarMember" xml:lang="en-US" id="label_BrazilianRealPerUSDollarMember">This member stands for the information pertaining to Brazilian real per US dollar.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BrazilianRealPerUSDollarMember" xlink:to="label_BrazilianRealPerUSDollarMember" xlink:title="Label : BrazilianRealPerUSDollarMember to label_BrazilianRealPerUSDollarMember" />
    <link:label xlink:type="resource" xlink:label="label_BrazilianRealPerUSDollarMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_BrazilianRealPerUSDollarMember_1" xml:lang="en-US" id="label_BrazilianRealPerUSDollarMember_1">Brazilian real per US dollar</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BrazilianRealPerUSDollarMember" xlink:to="label_BrazilianRealPerUSDollarMember_1" xlink:title="Label : BrazilianRealPerUSDollarMember to label_BrazilianRealPerUSDollarMember_1" />
    <link:label xlink:type="resource" xlink:label="label_ParentCompanyMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ParentCompanyMember_1" xml:lang="en-US" id="label_ParentCompanyMember_1">at Ultrapar [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ParentCompanyMember" xlink:to="label_ParentCompanyMember_1" xlink:title="Label : ParentCompanyMember to label_ParentCompanyMember_1" />
    <link:label xlink:type="resource" xlink:label="label_InvestmentPlan_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_InvestmentPlan_1" xml:lang="en-US" id="label_InvestmentPlan_1">Investment plan.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentPlan" xlink:to="label_InvestmentPlan_1" xlink:title="Label : InvestmentPlan to label_InvestmentPlan_1" />
    <link:label xlink:type="resource" xlink:label="label_InvestmentPlan_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_InvestmentPlan_2" xml:lang="en-US" id="label_InvestmentPlan_2">Investment plan</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentPlan" xlink:to="label_InvestmentPlan_2" xlink:title="Label : InvestmentPlan to label_InvestmentPlan_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_OtherRegionsMember" xlink:label="OtherRegionsMember" xlink:title="OtherRegionsMember" />
    <link:label xlink:type="resource" xlink:label="label_OtherRegionsMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_OtherRegionsMember" xml:lang="en-US" id="label_OtherRegionsMember">Others [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherRegionsMember" xlink:to="label_OtherRegionsMember" xlink:title="Label : OtherRegionsMember to label_OtherRegionsMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_CoverAbstract" xlink:label="CoverAbstract" xlink:title="CoverAbstract" />
    <link:label xlink:type="resource" xlink:label="label_CoverAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CoverAbstract" xml:lang="en-US" id="label_CoverAbstract">Cover [Abstract]</link:label>
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    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentType" xlink:label="DocumentType" xlink:title="DocumentType" />
    <link:label xlink:type="resource" xlink:label="label_DocumentType" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DocumentType" xml:lang="en-US" id="label_DocumentType">Document Type</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DocumentType" xlink:to="label_DocumentType" xlink:title="Label : DocumentType to label_DocumentType" />
    <link:label xlink:type="resource" xlink:label="label_DocumentType_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DocumentType_1" xml:lang="en-US" id="label_DocumentType_1">Document Type</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DocumentType" xlink:to="label_DocumentType_1" xlink:title="Label : DocumentType to label_DocumentType_1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_AmendmentFlag" xlink:label="AmendmentFlag" xlink:title="AmendmentFlag" />
    <link:label xlink:type="resource" xlink:label="label_AmendmentFlag" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AmendmentFlag" xml:lang="en-US" id="label_AmendmentFlag">Amendment Flag</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmendmentFlag" xlink:to="label_AmendmentFlag" xlink:title="Label : AmendmentFlag to label_AmendmentFlag" />
    <link:label xlink:type="resource" xlink:label="label_AmendmentFlag_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AmendmentFlag_1" xml:lang="en-US" id="label_AmendmentFlag_1">Amendment Flag</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmendmentFlag" xlink:to="label_AmendmentFlag_1" xlink:title="Label : AmendmentFlag to label_AmendmentFlag_1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentPeriodEndDate" xlink:label="DocumentPeriodEndDate" xlink:title="DocumentPeriodEndDate" />
    <link:label xlink:type="resource" xlink:label="label_DocumentPeriodEndDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DocumentPeriodEndDate" xml:lang="en-US" id="label_DocumentPeriodEndDate">Document Period End Date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DocumentPeriodEndDate" xlink:to="label_DocumentPeriodEndDate" xlink:title="Label : DocumentPeriodEndDate to label_DocumentPeriodEndDate" />
    <link:label xlink:type="resource" xlink:label="label_DocumentPeriodEndDate_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DocumentPeriodEndDate_1" xml:lang="en-US" id="label_DocumentPeriodEndDate_1">Document Period End Date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DocumentPeriodEndDate" xlink:to="label_DocumentPeriodEndDate_1" xlink:title="Label : DocumentPeriodEndDate to label_DocumentPeriodEndDate_1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentFiscalYearFocus" xlink:label="DocumentFiscalYearFocus" xlink:title="DocumentFiscalYearFocus" />
    <link:label xlink:type="resource" xlink:label="label_DocumentFiscalYearFocus" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DocumentFiscalYearFocus" xml:lang="en-US" id="label_DocumentFiscalYearFocus">Document Fiscal Year Focus</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DocumentFiscalYearFocus" xlink:to="label_DocumentFiscalYearFocus" xlink:title="Label : DocumentFiscalYearFocus to label_DocumentFiscalYearFocus" />
    <link:label xlink:type="resource" xlink:label="label_DocumentFiscalYearFocus_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DocumentFiscalYearFocus_1" xml:lang="en-US" id="label_DocumentFiscalYearFocus_1">Document Fiscal Year Focus</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DocumentFiscalYearFocus" xlink:to="label_DocumentFiscalYearFocus_1" xlink:title="Label : DocumentFiscalYearFocus to label_DocumentFiscalYearFocus_1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="DocumentFiscalPeriodFocus" xlink:title="DocumentFiscalPeriodFocus" />
    <link:label xlink:type="resource" xlink:label="label_DocumentFiscalPeriodFocus" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DocumentFiscalPeriodFocus" xml:lang="en-US" id="label_DocumentFiscalPeriodFocus">Document Fiscal Period Focus</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DocumentFiscalPeriodFocus" xlink:to="label_DocumentFiscalPeriodFocus" xlink:title="Label : DocumentFiscalPeriodFocus to label_DocumentFiscalPeriodFocus" />
    <link:label xlink:type="resource" xlink:label="label_DocumentFiscalPeriodFocus_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DocumentFiscalPeriodFocus_1" xml:lang="en-US" id="label_DocumentFiscalPeriodFocus_1">Document Fiscal Period Focus</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DocumentFiscalPeriodFocus" xlink:to="label_DocumentFiscalPeriodFocus_1" xlink:title="Label : DocumentFiscalPeriodFocus to label_DocumentFiscalPeriodFocus_1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentAnnualReport" xlink:label="DocumentAnnualReport" xlink:title="DocumentAnnualReport" />
    <link:label xlink:type="resource" xlink:label="label_DocumentAnnualReport" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DocumentAnnualReport" xml:lang="en-US" id="label_DocumentAnnualReport">Document Annual Report</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DocumentAnnualReport" xlink:to="label_DocumentAnnualReport" xlink:title="Label : DocumentAnnualReport to label_DocumentAnnualReport" />
    <link:label xlink:type="resource" xlink:label="label_DocumentAnnualReport_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DocumentAnnualReport_1" xml:lang="en-US" id="label_DocumentAnnualReport_1">Document Annual Report</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DocumentAnnualReport" xlink:to="label_DocumentAnnualReport_1" xlink:title="Label : DocumentAnnualReport to label_DocumentAnnualReport_1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentTransitionReport" xlink:label="DocumentTransitionReport" xlink:title="DocumentTransitionReport" />
    <link:label xlink:type="resource" xlink:label="label_DocumentTransitionReport" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DocumentTransitionReport" xml:lang="en-US" id="label_DocumentTransitionReport">Document Transition Report</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DocumentTransitionReport" xlink:to="label_DocumentTransitionReport" xlink:title="Label : DocumentTransitionReport to label_DocumentTransitionReport" />
    <link:label xlink:type="resource" xlink:label="label_DocumentTransitionReport_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DocumentTransitionReport_1" xml:lang="en-US" id="label_DocumentTransitionReport_1">Document Transition Report</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DocumentTransitionReport" xlink:to="label_DocumentTransitionReport_1" xlink:title="Label : DocumentTransitionReport to label_DocumentTransitionReport_1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentShellCompanyReport" xlink:label="DocumentShellCompanyReport" xlink:title="DocumentShellCompanyReport" />
    <link:label xlink:type="resource" xlink:label="label_DocumentShellCompanyReport" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DocumentShellCompanyReport" xml:lang="en-US" id="label_DocumentShellCompanyReport">Document Shell Company Report</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DocumentShellCompanyReport" xlink:to="label_DocumentShellCompanyReport" xlink:title="Label : DocumentShellCompanyReport to label_DocumentShellCompanyReport" />
    <link:label xlink:type="resource" xlink:label="label_DocumentShellCompanyReport_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DocumentShellCompanyReport_1" xml:lang="en-US" id="label_DocumentShellCompanyReport_1">Document Shell Company Report</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DocumentShellCompanyReport" xlink:to="label_DocumentShellCompanyReport_1" xlink:title="Label : DocumentShellCompanyReport to label_DocumentShellCompanyReport_1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_TradingSymbol" xlink:label="TradingSymbol" xlink:title="TradingSymbol" />
    <link:label xlink:type="resource" xlink:label="label_TradingSymbol" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TradingSymbol" xml:lang="en-US" id="label_TradingSymbol">Trading Symbol</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradingSymbol" xlink:to="label_TradingSymbol" xlink:title="Label : TradingSymbol to label_TradingSymbol" />
    <link:label xlink:type="resource" xlink:label="label_TradingSymbol_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TradingSymbol_1" xml:lang="en-US" id="label_TradingSymbol_1">Trading Symbol</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradingSymbol" xlink:to="label_TradingSymbol_1" xlink:title="Label : TradingSymbol to label_TradingSymbol_1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_Security12bTitle" xlink:label="Security12bTitle" xlink:title="Security12bTitle" />
    <link:label xlink:type="resource" xlink:label="label_Security12bTitle" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_Security12bTitle" xml:lang="en-US" id="label_Security12bTitle">Title of 12(b) Security</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Security12bTitle" xlink:to="label_Security12bTitle" xlink:title="Label : Security12bTitle to label_Security12bTitle" />
    <link:label xlink:type="resource" xlink:label="label_Security12bTitle_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_Security12bTitle_1" xml:lang="en-US" id="label_Security12bTitle_1">Title of 12(b) Security</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Security12bTitle" xlink:to="label_Security12bTitle_1" xlink:title="Label : Security12bTitle to label_Security12bTitle_1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_SecurityExchangeName" xlink:label="SecurityExchangeName" xlink:title="SecurityExchangeName" />
    <link:label xlink:type="resource" xlink:label="label_SecurityExchangeName" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SecurityExchangeName" xml:lang="en-US" id="label_SecurityExchangeName">Security Exchange Name</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SecurityExchangeName" xlink:to="label_SecurityExchangeName" xlink:title="Label : SecurityExchangeName to label_SecurityExchangeName" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityRegistrantName" xlink:label="EntityRegistrantName" xlink:title="EntityRegistrantName" />
    <link:label xlink:type="resource" xlink:label="label_EntityRegistrantName" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EntityRegistrantName" xml:lang="en-US" id="label_EntityRegistrantName">Entity Registrant Name</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityRegistrantName" xlink:to="label_EntityRegistrantName" xlink:title="Label : EntityRegistrantName to label_EntityRegistrantName" />
    <link:label xlink:type="resource" xlink:label="label_EntityRegistrantName_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_EntityRegistrantName_1" xml:lang="en-US" id="label_EntityRegistrantName_1">Entity Registrant Name</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityRegistrantName" xlink:to="label_EntityRegistrantName_1" xlink:title="Label : EntityRegistrantName to label_EntityRegistrantName_1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityCentralIndexKey" xlink:label="EntityCentralIndexKey" xlink:title="EntityCentralIndexKey" />
    <link:label xlink:type="resource" xlink:label="label_EntityCentralIndexKey" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EntityCentralIndexKey" xml:lang="en-US" id="label_EntityCentralIndexKey">Entity Central Index Key</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityCentralIndexKey" xlink:to="label_EntityCentralIndexKey" xlink:title="Label : EntityCentralIndexKey to label_EntityCentralIndexKey" />
    <link:label xlink:type="resource" xlink:label="label_EntityCentralIndexKey_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_EntityCentralIndexKey_1" xml:lang="en-US" id="label_EntityCentralIndexKey_1">Entity Central Index Key</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityCentralIndexKey" xlink:to="label_EntityCentralIndexKey_1" xlink:title="Label : EntityCentralIndexKey to label_EntityCentralIndexKey_1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityFileNumber" xlink:label="EntityFileNumber" xlink:title="EntityFileNumber" />
    <link:label xlink:type="resource" xlink:label="label_EntityFileNumber" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EntityFileNumber" xml:lang="en-US" id="label_EntityFileNumber">Entity File Number</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityFileNumber" xlink:to="label_EntityFileNumber" xlink:title="Label : EntityFileNumber to label_EntityFileNumber" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_CurrentFiscalYearEndDate" xlink:label="CurrentFiscalYearEndDate" xlink:title="CurrentFiscalYearEndDate" />
    <link:label xlink:type="resource" xlink:label="label_CurrentFiscalYearEndDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurrentFiscalYearEndDate" xml:lang="en-US" id="label_CurrentFiscalYearEndDate">Current Fiscal Year End Date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentFiscalYearEndDate" xlink:to="label_CurrentFiscalYearEndDate" xlink:title="Label : CurrentFiscalYearEndDate to label_CurrentFiscalYearEndDate" />
    <link:label xlink:type="resource" xlink:label="label_CurrentFiscalYearEndDate_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CurrentFiscalYearEndDate_1" xml:lang="en-US" id="label_CurrentFiscalYearEndDate_1">Current Fiscal Year End Date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentFiscalYearEndDate" xlink:to="label_CurrentFiscalYearEndDate_1" xlink:title="Label : CurrentFiscalYearEndDate to label_CurrentFiscalYearEndDate_1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityWellKnownSeasonedIssuer" xlink:label="EntityWellKnownSeasonedIssuer" xlink:title="EntityWellKnownSeasonedIssuer" />
    <link:label xlink:type="resource" xlink:label="label_EntityWellKnownSeasonedIssuer" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EntityWellKnownSeasonedIssuer" xml:lang="en-US" id="label_EntityWellKnownSeasonedIssuer">Entity Well-known Seasoned Issuer</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityWellKnownSeasonedIssuer" xlink:to="label_EntityWellKnownSeasonedIssuer" xlink:title="Label : EntityWellKnownSeasonedIssuer to label_EntityWellKnownSeasonedIssuer" />
    <link:label xlink:type="resource" xlink:label="label_EntityWellKnownSeasonedIssuer_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_EntityWellKnownSeasonedIssuer_1" xml:lang="en-US" id="label_EntityWellKnownSeasonedIssuer_1">Entity Well-known Seasoned Issuer</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityWellKnownSeasonedIssuer" xlink:to="label_EntityWellKnownSeasonedIssuer_1" xlink:title="Label : EntityWellKnownSeasonedIssuer to label_EntityWellKnownSeasonedIssuer_1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityVoluntaryFilers" xlink:label="EntityVoluntaryFilers" xlink:title="EntityVoluntaryFilers" />
    <link:label xlink:type="resource" xlink:label="label_EntityVoluntaryFilers" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EntityVoluntaryFilers" xml:lang="en-US" id="label_EntityVoluntaryFilers">Entity Voluntary Filers</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityVoluntaryFilers" xlink:to="label_EntityVoluntaryFilers" xlink:title="Label : EntityVoluntaryFilers to label_EntityVoluntaryFilers" />
    <link:label xlink:type="resource" xlink:label="label_EntityVoluntaryFilers_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_EntityVoluntaryFilers_1" xml:lang="en-US" id="label_EntityVoluntaryFilers_1">Entity Voluntary Filers</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityVoluntaryFilers" xlink:to="label_EntityVoluntaryFilers_1" xlink:title="Label : EntityVoluntaryFilers to label_EntityVoluntaryFilers_1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityCurrentReportingStatus" xlink:label="EntityCurrentReportingStatus" xlink:title="EntityCurrentReportingStatus" />
    <link:label xlink:type="resource" xlink:label="label_EntityCurrentReportingStatus" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EntityCurrentReportingStatus" xml:lang="en-US" id="label_EntityCurrentReportingStatus">Entity Current Reporting Status</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityCurrentReportingStatus" xlink:to="label_EntityCurrentReportingStatus" xlink:title="Label : EntityCurrentReportingStatus to label_EntityCurrentReportingStatus" />
    <link:label xlink:type="resource" xlink:label="label_EntityCurrentReportingStatus_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_EntityCurrentReportingStatus_1" xml:lang="en-US" id="label_EntityCurrentReportingStatus_1">Entity Current Reporting Status</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityCurrentReportingStatus" xlink:to="label_EntityCurrentReportingStatus_1" xlink:title="Label : EntityCurrentReportingStatus to label_EntityCurrentReportingStatus_1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityInteractiveDataCurrent" xlink:label="EntityInteractiveDataCurrent" xlink:title="EntityInteractiveDataCurrent" />
    <link:label xlink:type="resource" xlink:label="label_EntityInteractiveDataCurrent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EntityInteractiveDataCurrent" xml:lang="en-US" id="label_EntityInteractiveDataCurrent">Entity Interactive Data Current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityInteractiveDataCurrent" xlink:to="label_EntityInteractiveDataCurrent" xlink:title="Label : EntityInteractiveDataCurrent to label_EntityInteractiveDataCurrent" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAddressCountry" xlink:label="EntityAddressCountry" xlink:title="EntityAddressCountry" />
    <link:label xlink:type="resource" xlink:label="label_EntityAddressCountry" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EntityAddressCountry" xml:lang="en-US" id="label_EntityAddressCountry">Entity Address, Country</link:label>
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    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityFilerCategory" xlink:label="EntityFilerCategory" xlink:title="EntityFilerCategory" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityShellCompany" xlink:to="label_EntityShellCompany" xlink:title="Label : EntityShellCompany to label_EntityShellCompany" />
    <link:label xlink:type="resource" xlink:label="label_EntityShellCompany_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_EntityShellCompany_1" xml:lang="en-US" id="label_EntityShellCompany_1">Entity Shell Company</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityShellCompany" xlink:to="label_EntityShellCompany_1" xlink:title="Label : EntityShellCompany to label_EntityShellCompany_1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityEmergingGrowthCompany" xlink:label="EntityEmergingGrowthCompany" xlink:title="EntityEmergingGrowthCompany" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityEmergingGrowthCompany" xlink:to="label_EntityEmergingGrowthCompany" xlink:title="Label : EntityEmergingGrowthCompany to label_EntityEmergingGrowthCompany" />
    <link:label xlink:type="resource" xlink:label="label_EntityEmergingGrowthCompany_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_EntityEmergingGrowthCompany_1" xml:lang="en-US" id="label_EntityEmergingGrowthCompany_1">Entity Emerging Growth Company</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityEmergingGrowthCompany" xlink:to="label_EntityEmergingGrowthCompany_1" xlink:title="Label : EntityEmergingGrowthCompany to label_EntityEmergingGrowthCompany_1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="EntityCommonStockSharesOutstanding" xlink:title="EntityCommonStockSharesOutstanding" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityCommonStockSharesOutstanding" xlink:to="label_EntityCommonStockSharesOutstanding" xlink:title="Label : EntityCommonStockSharesOutstanding to label_EntityCommonStockSharesOutstanding" />
    <link:label xlink:type="resource" xlink:label="label_EntityCommonStockSharesOutstanding_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_EntityCommonStockSharesOutstanding_1" xml:lang="en-US" id="label_EntityCommonStockSharesOutstanding_1">Entity Common Stock, Shares Outstanding</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityCommonStockSharesOutstanding" xlink:to="label_EntityCommonStockSharesOutstanding_1" xlink:title="Label : EntityCommonStockSharesOutstanding to label_EntityCommonStockSharesOutstanding_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_StatementOfFinancialPositionAbstract" xlink:label="StatementOfFinancialPositionAbstract" xlink:title="StatementOfFinancialPositionAbstract" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StatementOfFinancialPositionAbstract" xlink:to="label_StatementOfFinancialPositionAbstract" xlink:title="Label : StatementOfFinancialPositionAbstract to label_StatementOfFinancialPositionAbstract" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AssetsAbstract" xlink:label="AssetsAbstract" xlink:title="AssetsAbstract" />
    <link:label xlink:type="resource" xlink:label="label_AssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AssetsAbstract" xml:lang="en-US" id="label_AssetsAbstract">Assets [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AssetsAbstract" xlink:to="label_AssetsAbstract" xlink:title="Label : AssetsAbstract to label_AssetsAbstract" />
    <link:label xlink:type="resource" xlink:label="label_AssetsAbstract_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AssetsAbstract_1" xml:lang="en-US" id="label_AssetsAbstract_1">Assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AssetsAbstract" xlink:to="label_AssetsAbstract_1" xlink:title="Label : AssetsAbstract to label_AssetsAbstract_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentAssetsAbstract" xlink:label="CurrentAssetsAbstract" xlink:title="CurrentAssetsAbstract" />
    <link:label xlink:type="resource" xlink:label="label_CurrentAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurrentAssetsAbstract" xml:lang="en-US" id="label_CurrentAssetsAbstract">Current assets [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentAssetsAbstract" xlink:to="label_CurrentAssetsAbstract" xlink:title="Label : CurrentAssetsAbstract to label_CurrentAssetsAbstract" />
    <link:label xlink:type="resource" xlink:label="label_CurrentAssetsAbstract_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CurrentAssetsAbstract_1" xml:lang="en-US" id="label_CurrentAssetsAbstract_1">Current assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentAssetsAbstract" xlink:to="label_CurrentAssetsAbstract_1" xlink:title="Label : CurrentAssetsAbstract to label_CurrentAssetsAbstract_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CashAndCashEquivalents" xlink:label="CashAndCashEquivalents" xlink:title="CashAndCashEquivalents" />
    <link:label xlink:type="resource" xlink:label="label_CashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_CashAndCashEquivalents" xml:lang="en-US" id="label_CashAndCashEquivalents">Total cash and cash equivalents</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndCashEquivalents" xlink:to="label_CashAndCashEquivalents" xlink:title="Label : CashAndCashEquivalents to label_CashAndCashEquivalents" />
    <link:label xlink:type="resource" xlink:label="label_CashAndCashEquivalents_1" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:title="label_CashAndCashEquivalents_1" xml:lang="en-US" id="label_CashAndCashEquivalents_1">Cash and cash equivalents at the end of the year</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndCashEquivalents" xlink:to="label_CashAndCashEquivalents_1" xlink:title="Label : CashAndCashEquivalents to label_CashAndCashEquivalents_1" />
    <link:label xlink:type="resource" xlink:label="label_CashAndCashEquivalents_2" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:title="label_CashAndCashEquivalents_2" xml:lang="en-US" id="label_CashAndCashEquivalents_2">Cash and cash equivalents at the beginning of the year</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndCashEquivalents" xlink:to="label_CashAndCashEquivalents_2" xlink:title="Label : CashAndCashEquivalents to label_CashAndCashEquivalents_2" />
    <link:label xlink:type="resource" xlink:label="label_CashAndCashEquivalents_3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CashAndCashEquivalents_3" xml:lang="en-US" id="label_CashAndCashEquivalents_3">Cash and cash equivalents</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndCashEquivalents" xlink:to="label_CashAndCashEquivalents_3" xlink:title="Label : CashAndCashEquivalents to label_CashAndCashEquivalents_3" />
    <link:label xlink:type="resource" xlink:label="label_CashAndCashEquivalents_4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CashAndCashEquivalents_4" xml:lang="en-US" id="label_CashAndCashEquivalents_4">Cash and cash equivalents</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndCashEquivalents" xlink:to="label_CashAndCashEquivalents_4" xlink:title="Label : CashAndCashEquivalents to label_CashAndCashEquivalents_4" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentInvestments" xlink:label="CurrentInvestments" xlink:title="CurrentInvestments" />
    <link:label xlink:type="resource" xlink:label="label_CurrentInvestments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurrentInvestments" xml:lang="en-US" id="label_CurrentInvestments">Current investments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentInvestments" xlink:to="label_CurrentInvestments" xlink:title="Label : CurrentInvestments to label_CurrentInvestments" />
    <link:label xlink:type="resource" xlink:label="label_CurrentInvestments_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CurrentInvestments_1" xml:lang="en-US" id="label_CurrentInvestments_1">Financial investments and hedging instruments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentInvestments" xlink:to="label_CurrentInvestments_1" xlink:title="Label : CurrentInvestments to label_CurrentInvestments_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentTradeReceivables" xlink:label="CurrentTradeReceivables" xlink:title="CurrentTradeReceivables" />
    <link:label xlink:type="resource" xlink:label="label_CurrentTradeReceivables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurrentTradeReceivables" xml:lang="en-US" id="label_CurrentTradeReceivables">Current trade receivables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentTradeReceivables" xlink:to="label_CurrentTradeReceivables" xlink:title="Label : CurrentTradeReceivables to label_CurrentTradeReceivables" />
    <link:label xlink:type="resource" xlink:label="label_CurrentTradeReceivables_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_CurrentTradeReceivables_1" xml:lang="en-US" id="label_CurrentTradeReceivables_1">Trade receivables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentTradeReceivables" xlink:to="label_CurrentTradeReceivables_1" xlink:title="Label : CurrentTradeReceivables to label_CurrentTradeReceivables_1" />
    <link:label xlink:type="resource" xlink:label="label_CurrentTradeReceivables_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CurrentTradeReceivables_2" xml:lang="en-US" id="label_CurrentTradeReceivables_2">Current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentTradeReceivables" xlink:to="label_CurrentTradeReceivables_2" xlink:title="Label : CurrentTradeReceivables to label_CurrentTradeReceivables_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_CurrentResellerFinancing" xlink:label="CurrentResellerFinancing" xlink:title="CurrentResellerFinancing" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentResellerFinancing" xlink:to="label_CurrentResellerFinancing" xlink:title="Label : CurrentResellerFinancing to label_CurrentResellerFinancing" />
    <link:label xlink:type="resource" xlink:label="label_CurrentResellerFinancing_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_CurrentResellerFinancing_1" xml:lang="en-US" id="label_CurrentResellerFinancing_1">Reseller financing</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentResellerFinancing" xlink:to="label_CurrentResellerFinancing_1" xlink:title="Label : CurrentResellerFinancing to label_CurrentResellerFinancing_1" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentResellerFinancing" xlink:to="label_CurrentResellerFinancing_2" xlink:title="Label : CurrentResellerFinancing to label_CurrentResellerFinancing_2" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Inventories" xlink:to="label_Inventories" xlink:title="Label : Inventories to label_Inventories" />
    <link:label xlink:type="resource" xlink:label="label_Inventories_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_Inventories_1" xml:lang="en-US" id="label_Inventories_1">Inventories</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Inventories" xlink:to="label_Inventories_1" xlink:title="Label : Inventories to label_Inventories_1" />
    <link:label xlink:type="resource" xlink:label="label_Inventories_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_Inventories_2" xml:lang="en-US" id="label_Inventories_2">Net balance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Inventories" xlink:to="label_Inventories_2" xlink:title="Label : Inventories to label_Inventories_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax" xlink:label="CurrentReceivablesFromTaxesOtherThanIncomeTax" xlink:title="CurrentReceivablesFromTaxesOtherThanIncomeTax" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentReceivablesFromTaxesOtherThanIncomeTax" xlink:to="label_CurrentReceivablesFromTaxesOtherThanIncomeTax_1" xlink:title="Label : CurrentReceivablesFromTaxesOtherThanIncomeTax to label_CurrentReceivablesFromTaxesOtherThanIncomeTax_1" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentReceivablesFromTaxesOtherThanIncomeTax" xlink:to="label_CurrentReceivablesFromTaxesOtherThanIncomeTax_2" xlink:title="Label : CurrentReceivablesFromTaxesOtherThanIncomeTax to label_CurrentReceivablesFromTaxesOtherThanIncomeTax_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentTaxAssetsCurrent" xlink:label="CurrentTaxAssetsCurrent" xlink:title="CurrentTaxAssetsCurrent" />
    <link:label xlink:type="resource" xlink:label="label_CurrentTaxAssetsCurrent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CurrentTaxAssetsCurrent" xml:lang="en-US" id="label_CurrentTaxAssetsCurrent">Current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentTaxAssetsCurrent" xlink:to="label_CurrentTaxAssetsCurrent" xlink:title="Label : CurrentTaxAssetsCurrent to label_CurrentTaxAssetsCurrent" />
    <link:label xlink:type="resource" xlink:label="label_CurrentTaxAssetsCurrent_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_CurrentTaxAssetsCurrent_1" xml:lang="en-US" id="label_CurrentTaxAssetsCurrent_1">Recoverable income and social contribution taxes</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentTaxAssetsCurrent" xlink:to="label_CurrentTaxAssetsCurrent_1" xlink:title="Label : CurrentTaxAssetsCurrent to label_CurrentTaxAssetsCurrent_1" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentTaxAssetsCurrent" xlink:to="label_CurrentTaxAssetsCurrent_2" xlink:title="Label : CurrentTaxAssetsCurrent to label_CurrentTaxAssetsCurrent_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DividendsReceivableCurrent" xlink:label="DividendsReceivableCurrent" xlink:title="DividendsReceivableCurrent" />
    <link:label xlink:type="resource" xlink:label="label_DividendsReceivableCurrent" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DividendsReceivableCurrent" xml:lang="en-US" id="label_DividendsReceivableCurrent">The amount recognized when the shareholder's right to receive payment is established.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DividendsReceivableCurrent" xlink:to="label_DividendsReceivableCurrent" xlink:title="Label : DividendsReceivableCurrent to label_DividendsReceivableCurrent" />
    <link:label xlink:type="resource" xlink:label="label_DividendsReceivableCurrent_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DividendsReceivableCurrent_1" xml:lang="en-US" id="label_DividendsReceivableCurrent_1">Dividends receivable</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DividendsReceivableCurrent" xlink:to="label_DividendsReceivableCurrent_1" xlink:title="Label : DividendsReceivableCurrent to label_DividendsReceivableCurrent_1" />
    <link:label xlink:type="resource" xlink:label="label_DividendsReceivableCurrent_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DividendsReceivableCurrent_2" xml:lang="en-US" id="label_DividendsReceivableCurrent_2">Dividends Receivable Current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DividendsReceivableCurrent" xlink:to="label_DividendsReceivableCurrent_2" xlink:title="Label : DividendsReceivableCurrent to label_DividendsReceivableCurrent_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_TradeAndOtherCurrentReceivables" xlink:label="TradeAndOtherCurrentReceivables" xlink:title="TradeAndOtherCurrentReceivables" />
    <link:label xlink:type="resource" xlink:label="label_TradeAndOtherCurrentReceivables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TradeAndOtherCurrentReceivables" xml:lang="en-US" id="label_TradeAndOtherCurrentReceivables">Trade and other current receivables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeAndOtherCurrentReceivables" xlink:to="label_TradeAndOtherCurrentReceivables" xlink:title="Label : TradeAndOtherCurrentReceivables to label_TradeAndOtherCurrentReceivables" />
    <link:label xlink:type="resource" xlink:label="label_TradeAndOtherCurrentReceivables_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TradeAndOtherCurrentReceivables_1" xml:lang="en-US" id="label_TradeAndOtherCurrentReceivables_1">Other receivables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeAndOtherCurrentReceivables" xlink:to="label_TradeAndOtherCurrentReceivables_1" xlink:title="Label : TradeAndOtherCurrentReceivables to label_TradeAndOtherCurrentReceivables_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentPrepaidExpenses" xlink:label="CurrentPrepaidExpenses" xlink:title="CurrentPrepaidExpenses" />
    <link:label xlink:type="resource" xlink:label="label_CurrentPrepaidExpenses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurrentPrepaidExpenses" xml:lang="en-US" id="label_CurrentPrepaidExpenses">Current prepaid expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentPrepaidExpenses" xlink:to="label_CurrentPrepaidExpenses" xlink:title="Label : CurrentPrepaidExpenses to label_CurrentPrepaidExpenses" />
    <link:label xlink:type="resource" xlink:label="label_CurrentPrepaidExpenses_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_CurrentPrepaidExpenses_1" xml:lang="en-US" id="label_CurrentPrepaidExpenses_1">Prepaid expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentPrepaidExpenses" xlink:to="label_CurrentPrepaidExpenses_1" xlink:title="Label : CurrentPrepaidExpenses to label_CurrentPrepaidExpenses_1" />
    <link:label xlink:type="resource" xlink:label="label_CurrentPrepaidExpenses_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CurrentPrepaidExpenses_2" xml:lang="en-US" id="label_CurrentPrepaidExpenses_2">Current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentPrepaidExpenses" xlink:to="label_CurrentPrepaidExpenses_2" xlink:title="Label : CurrentPrepaidExpenses to label_CurrentPrepaidExpenses_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentContractAssets" xlink:label="CurrentContractAssets" xlink:title="CurrentContractAssets" />
    <link:label xlink:type="resource" xlink:label="label_CurrentContractAssets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_CurrentContractAssets" xml:lang="en-US" id="label_CurrentContractAssets">Contractual assets with customers &#x2013; exclusive rights</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentContractAssets" xlink:to="label_CurrentContractAssets" xlink:title="Label : CurrentContractAssets to label_CurrentContractAssets" />
    <link:label xlink:type="resource" xlink:label="label_CurrentContractAssets_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurrentContractAssets_1" xml:lang="en-US" id="label_CurrentContractAssets_1">Current contract assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentContractAssets" xlink:to="label_CurrentContractAssets_1" xlink:title="Label : CurrentContractAssets to label_CurrentContractAssets_1" />
    <link:label xlink:type="resource" xlink:label="label_CurrentContractAssets_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CurrentContractAssets_2" xml:lang="en-US" id="label_CurrentContractAssets_2">Current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentContractAssets" xlink:to="label_CurrentContractAssets_2" xlink:title="Label : CurrentContractAssets to label_CurrentContractAssets_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentAssets" xlink:label="CurrentAssets" xlink:title="CurrentAssets" />
    <link:label xlink:type="resource" xlink:label="label_CurrentAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CurrentAssets" xml:lang="en-US" id="label_CurrentAssets">Current assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentAssets" xlink:to="label_CurrentAssets" xlink:title="Label : CurrentAssets to label_CurrentAssets" />
    <link:label xlink:type="resource" xlink:label="label_CurrentAssets_1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_CurrentAssets_1" xml:lang="en-US" id="label_CurrentAssets_1">Total current assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentAssets" xlink:to="label_CurrentAssets_1" xlink:title="Label : CurrentAssets to label_CurrentAssets_1" />
    <link:label xlink:type="resource" xlink:label="label_CurrentAssets_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurrentAssets_2" xml:lang="en-US" id="label_CurrentAssets_2">Current assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentAssets" xlink:to="label_CurrentAssets_2" xlink:title="Label : CurrentAssets to label_CurrentAssets_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentAssetsAbstract" xlink:label="NoncurrentAssetsAbstract" xlink:title="NoncurrentAssetsAbstract" />
    <link:label xlink:type="resource" xlink:label="label_NoncurrentAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NoncurrentAssetsAbstract" xml:lang="en-US" id="label_NoncurrentAssetsAbstract">Non-current assets [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentAssetsAbstract" xlink:to="label_NoncurrentAssetsAbstract" xlink:title="Label : NoncurrentAssetsAbstract to label_NoncurrentAssetsAbstract" />
    <link:label xlink:type="resource" xlink:label="label_NoncurrentAssetsAbstract_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NoncurrentAssetsAbstract_1" xml:lang="en-US" id="label_NoncurrentAssetsAbstract_1">Non-current assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentAssetsAbstract" xlink:to="label_NoncurrentAssetsAbstract_1" xlink:title="Label : NoncurrentAssetsAbstract to label_NoncurrentAssetsAbstract_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherNoncurrentFinancialAssets" xlink:label="OtherNoncurrentFinancialAssets" xlink:title="OtherNoncurrentFinancialAssets" />
    <link:label xlink:type="resource" xlink:label="label_OtherNoncurrentFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherNoncurrentFinancialAssets" xml:lang="en-US" id="label_OtherNoncurrentFinancialAssets">Other non-current financial assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherNoncurrentFinancialAssets" xlink:to="label_OtherNoncurrentFinancialAssets" xlink:title="Label : OtherNoncurrentFinancialAssets to label_OtherNoncurrentFinancialAssets" />
    <link:label xlink:type="resource" xlink:label="label_OtherNoncurrentFinancialAssets_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherNoncurrentFinancialAssets_1" xml:lang="en-US" id="label_OtherNoncurrentFinancialAssets_1">Financial investments and hedging instruments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherNoncurrentFinancialAssets" xlink:to="label_OtherNoncurrentFinancialAssets_1" xlink:title="Label : OtherNoncurrentFinancialAssets to label_OtherNoncurrentFinancialAssets_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentTradeReceivables" xlink:label="NoncurrentTradeReceivables" xlink:title="NoncurrentTradeReceivables" />
    <link:label xlink:type="resource" xlink:label="label_NoncurrentTradeReceivables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NoncurrentTradeReceivables" xml:lang="en-US" id="label_NoncurrentTradeReceivables">Non-current trade receivables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentTradeReceivables" xlink:to="label_NoncurrentTradeReceivables" xlink:title="Label : NoncurrentTradeReceivables to label_NoncurrentTradeReceivables" />
    <link:label xlink:type="resource" xlink:label="label_NoncurrentTradeReceivables_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_NoncurrentTradeReceivables_1" xml:lang="en-US" id="label_NoncurrentTradeReceivables_1">Trade receivables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentTradeReceivables" xlink:to="label_NoncurrentTradeReceivables_1" xlink:title="Label : NoncurrentTradeReceivables to label_NoncurrentTradeReceivables_1" />
    <link:label xlink:type="resource" xlink:label="label_NoncurrentTradeReceivables_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NoncurrentTradeReceivables_2" xml:lang="en-US" id="label_NoncurrentTradeReceivables_2">Non-current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentTradeReceivables" xlink:to="label_NoncurrentTradeReceivables_2" xlink:title="Label : NoncurrentTradeReceivables to label_NoncurrentTradeReceivables_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NonCurrentResellerFinancing" xlink:label="NonCurrentResellerFinancing" xlink:title="NonCurrentResellerFinancing" />
    <link:label xlink:type="resource" xlink:label="label_NonCurrentResellerFinancing" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NonCurrentResellerFinancing" xml:lang="en-US" id="label_NonCurrentResellerFinancing">Non-current reseller financing</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonCurrentResellerFinancing" xlink:to="label_NonCurrentResellerFinancing" xlink:title="Label : NonCurrentResellerFinancing to label_NonCurrentResellerFinancing" />
    <link:label xlink:type="resource" xlink:label="label_NonCurrentResellerFinancing_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_NonCurrentResellerFinancing_1" xml:lang="en-US" id="label_NonCurrentResellerFinancing_1">Reseller financing</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonCurrentResellerFinancing" xlink:to="label_NonCurrentResellerFinancing_1" xlink:title="Label : NonCurrentResellerFinancing to label_NonCurrentResellerFinancing_1" />
    <link:label xlink:type="resource" xlink:label="label_NonCurrentResellerFinancing_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NonCurrentResellerFinancing_2" xml:lang="en-US" id="label_NonCurrentResellerFinancing_2">Non-current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonCurrentResellerFinancing" xlink:to="label_NonCurrentResellerFinancing_2" xlink:title="Label : NonCurrentResellerFinancing to label_NonCurrentResellerFinancing_2" />
    <link:label xlink:type="resource" xlink:label="label_NonCurrentResellerFinancing_3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_NonCurrentResellerFinancing_3" xml:lang="en-US" id="label_NonCurrentResellerFinancing_3">The amount of non-current reseller financing.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonCurrentResellerFinancing" xlink:to="label_NonCurrentResellerFinancing_3" xlink:title="Label : NonCurrentResellerFinancing to label_NonCurrentResellerFinancing_3" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_TradeAndOtherReceivablesDueFromRelatedParties" xlink:label="TradeAndOtherReceivablesDueFromRelatedParties" xlink:title="TradeAndOtherReceivablesDueFromRelatedParties" />
    <link:label xlink:type="resource" xlink:label="label_TradeAndOtherReceivablesDueFromRelatedParties" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_TradeAndOtherReceivablesDueFromRelatedParties" xml:lang="en-US" id="label_TradeAndOtherReceivablesDueFromRelatedParties">Loans assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeAndOtherReceivablesDueFromRelatedParties" xlink:to="label_TradeAndOtherReceivablesDueFromRelatedParties" xlink:title="Label : TradeAndOtherReceivablesDueFromRelatedParties to label_TradeAndOtherReceivablesDueFromRelatedParties" />
    <link:label xlink:type="resource" xlink:label="label_TradeAndOtherReceivablesDueFromRelatedParties_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TradeAndOtherReceivablesDueFromRelatedParties_1" xml:lang="en-US" id="label_TradeAndOtherReceivablesDueFromRelatedParties_1">Related parties</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeAndOtherReceivablesDueFromRelatedParties" xlink:to="label_TradeAndOtherReceivablesDueFromRelatedParties_1" xlink:title="Label : TradeAndOtherReceivablesDueFromRelatedParties to label_TradeAndOtherReceivablesDueFromRelatedParties_1" />
    <link:label xlink:type="resource" xlink:label="label_TradeAndOtherReceivablesDueFromRelatedParties_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TradeAndOtherReceivablesDueFromRelatedParties_2" xml:lang="en-US" id="label_TradeAndOtherReceivablesDueFromRelatedParties_2">Receivables due from related parties</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeAndOtherReceivablesDueFromRelatedParties" xlink:to="label_TradeAndOtherReceivablesDueFromRelatedParties_2" xlink:title="Label : TradeAndOtherReceivablesDueFromRelatedParties to label_TradeAndOtherReceivablesDueFromRelatedParties_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DeferredTaxAssets" xlink:label="DeferredTaxAssets" xlink:title="DeferredTaxAssets" />
    <link:label xlink:type="resource" xlink:label="label_DeferredTaxAssets" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_DeferredTaxAssets" xml:lang="en-US" id="label_DeferredTaxAssets">Net balance of deferred taxes assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredTaxAssets" xlink:to="label_DeferredTaxAssets" xlink:title="Label : DeferredTaxAssets to label_DeferredTaxAssets" />
    <link:label xlink:type="resource" xlink:label="label_DeferredTaxAssets_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DeferredTaxAssets_1" xml:lang="en-US" id="label_DeferredTaxAssets_1">Deferred income and social contribution taxes</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredTaxAssets" xlink:to="label_DeferredTaxAssets_1" xlink:title="Label : DeferredTaxAssets to label_DeferredTaxAssets_1" />
    <link:label xlink:type="resource" xlink:label="label_DeferredTaxAssets_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DeferredTaxAssets_2" xml:lang="en-US" id="label_DeferredTaxAssets_2">Deferred tax assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredTaxAssets" xlink:to="label_DeferredTaxAssets_2" xlink:title="Label : DeferredTaxAssets to label_DeferredTaxAssets_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax" xlink:label="NoncurrentReceivablesFromTaxesOtherThanIncomeTax" xlink:title="NoncurrentReceivablesFromTaxesOtherThanIncomeTax" />
    <link:label xlink:type="resource" xlink:label="label_NoncurrentReceivablesFromTaxesOtherThanIncomeTax" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NoncurrentReceivablesFromTaxesOtherThanIncomeTax" xml:lang="en-US" id="label_NoncurrentReceivablesFromTaxesOtherThanIncomeTax">Recoverable taxes</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentReceivablesFromTaxesOtherThanIncomeTax" xlink:to="label_NoncurrentReceivablesFromTaxesOtherThanIncomeTax" xlink:title="Label : NoncurrentReceivablesFromTaxesOtherThanIncomeTax to label_NoncurrentReceivablesFromTaxesOtherThanIncomeTax" />
    <link:label xlink:type="resource" xlink:label="label_NoncurrentReceivablesFromTaxesOtherThanIncomeTax_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NoncurrentReceivablesFromTaxesOtherThanIncomeTax_1" xml:lang="en-US" id="label_NoncurrentReceivablesFromTaxesOtherThanIncomeTax_1">Non-current receivables from taxes other than income tax</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentReceivablesFromTaxesOtherThanIncomeTax" xlink:to="label_NoncurrentReceivablesFromTaxesOtherThanIncomeTax_1" xlink:title="Label : NoncurrentReceivablesFromTaxesOtherThanIncomeTax to label_NoncurrentReceivablesFromTaxesOtherThanIncomeTax_1" />
    <link:label xlink:type="resource" xlink:label="label_NoncurrentReceivablesFromTaxesOtherThanIncomeTax_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_NoncurrentReceivablesFromTaxesOtherThanIncomeTax_2" xml:lang="en-US" id="label_NoncurrentReceivablesFromTaxesOtherThanIncomeTax_2">Non-current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentReceivablesFromTaxesOtherThanIncomeTax" xlink:to="label_NoncurrentReceivablesFromTaxesOtherThanIncomeTax_2" xlink:title="Label : NoncurrentReceivablesFromTaxesOtherThanIncomeTax to label_NoncurrentReceivablesFromTaxesOtherThanIncomeTax_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentTaxAssetsNoncurrent" xlink:label="CurrentTaxAssetsNoncurrent" xlink:title="CurrentTaxAssetsNoncurrent" />
    <link:label xlink:type="resource" xlink:label="label_CurrentTaxAssetsNoncurrent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CurrentTaxAssetsNoncurrent" xml:lang="en-US" id="label_CurrentTaxAssetsNoncurrent">Non-current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentTaxAssetsNoncurrent" xlink:to="label_CurrentTaxAssetsNoncurrent" xlink:title="Label : CurrentTaxAssetsNoncurrent to label_CurrentTaxAssetsNoncurrent" />
    <link:label xlink:type="resource" xlink:label="label_CurrentTaxAssetsNoncurrent_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurrentTaxAssetsNoncurrent_1" xml:lang="en-US" id="label_CurrentTaxAssetsNoncurrent_1">Current tax assets, non-current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentTaxAssetsNoncurrent" xlink:to="label_CurrentTaxAssetsNoncurrent_1" xlink:title="Label : CurrentTaxAssetsNoncurrent to label_CurrentTaxAssetsNoncurrent_1" />
    <link:label xlink:type="resource" xlink:label="label_CurrentTaxAssetsNoncurrent_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_CurrentTaxAssetsNoncurrent_2" xml:lang="en-US" id="label_CurrentTaxAssetsNoncurrent_2">Recoverable income and social contribution taxes</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentTaxAssetsNoncurrent" xlink:to="label_CurrentTaxAssetsNoncurrent_2" xlink:title="Label : CurrentTaxAssetsNoncurrent to label_CurrentTaxAssetsNoncurrent_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LongtermDeposits" xlink:label="LongtermDeposits" xlink:title="LongtermDeposits" />
    <link:label xlink:type="resource" xlink:label="label_LongtermDeposits" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LongtermDeposits" xml:lang="en-US" id="label_LongtermDeposits">Long-term deposits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LongtermDeposits" xlink:to="label_LongtermDeposits" xlink:title="Label : LongtermDeposits to label_LongtermDeposits" />
    <link:label xlink:type="resource" xlink:label="label_LongtermDeposits_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LongtermDeposits_1" xml:lang="en-US" id="label_LongtermDeposits_1">Escrow deposits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LongtermDeposits" xlink:to="label_LongtermDeposits_1" xlink:title="Label : LongtermDeposits to label_LongtermDeposits_1" />
    <link:label xlink:type="resource" xlink:label="label_LongtermDeposits_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_LongtermDeposits_2" xml:lang="en-US" id="label_LongtermDeposits_2">Total - non-current assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LongtermDeposits" xlink:to="label_LongtermDeposits_2" xlink:title="Label : LongtermDeposits to label_LongtermDeposits_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_IndemnificationAssetBusinessCombination" xlink:label="IndemnificationAssetBusinessCombination" xlink:title="IndemnificationAssetBusinessCombination" />
    <link:label xlink:type="resource" xlink:label="label_IndemnificationAssetBusinessCombination" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IndemnificationAssetBusinessCombination" xml:lang="en-US" id="label_IndemnificationAssetBusinessCombination">Indemnification asset - business combination</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IndemnificationAssetBusinessCombination" xlink:to="label_IndemnificationAssetBusinessCombination" xlink:title="Label : IndemnificationAssetBusinessCombination to label_IndemnificationAssetBusinessCombination" />
    <link:label xlink:type="resource" xlink:label="label_IndemnificationAssetBusinessCombination_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IndemnificationAssetBusinessCombination_1" xml:lang="en-US" id="label_IndemnificationAssetBusinessCombination_1">Indemnification asset &#x2013; business combination</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IndemnificationAssetBusinessCombination" xlink:to="label_IndemnificationAssetBusinessCombination_1" xlink:title="Label : IndemnificationAssetBusinessCombination to label_IndemnificationAssetBusinessCombination_1" />
    <link:label xlink:type="resource" xlink:label="label_IndemnificationAssetBusinessCombination_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_IndemnificationAssetBusinessCombination_2" xml:lang="en-US" id="label_IndemnificationAssetBusinessCombination_2">The amount of non-current indemnification asset arising from business combination.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IndemnificationAssetBusinessCombination" xlink:to="label_IndemnificationAssetBusinessCombination_2" xlink:title="Label : IndemnificationAssetBusinessCombination to label_IndemnificationAssetBusinessCombination_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherNoncurrentReceivables" xlink:label="OtherNoncurrentReceivables" xlink:title="OtherNoncurrentReceivables" />
    <link:label xlink:type="resource" xlink:label="label_OtherNoncurrentReceivables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherNoncurrentReceivables" xml:lang="en-US" id="label_OtherNoncurrentReceivables">Other non-current receivables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherNoncurrentReceivables" xlink:to="label_OtherNoncurrentReceivables" xlink:title="Label : OtherNoncurrentReceivables to label_OtherNoncurrentReceivables" />
    <link:label xlink:type="resource" xlink:label="label_OtherNoncurrentReceivables_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherNoncurrentReceivables_1" xml:lang="en-US" id="label_OtherNoncurrentReceivables_1">Other receivables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherNoncurrentReceivables" xlink:to="label_OtherNoncurrentReceivables_1" xlink:title="Label : OtherNoncurrentReceivables to label_OtherNoncurrentReceivables_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentPrepayments" xlink:label="NoncurrentPrepayments" xlink:title="NoncurrentPrepayments" />
    <link:label xlink:type="resource" xlink:label="label_NoncurrentPrepayments" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_NoncurrentPrepayments" xml:lang="en-US" id="label_NoncurrentPrepayments">Non-current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentPrepayments" xlink:to="label_NoncurrentPrepayments" xlink:title="Label : NoncurrentPrepayments to label_NoncurrentPrepayments" />
    <link:label xlink:type="resource" xlink:label="label_NoncurrentPrepayments_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NoncurrentPrepayments_1" xml:lang="en-US" id="label_NoncurrentPrepayments_1">Prepaid expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentPrepayments" xlink:to="label_NoncurrentPrepayments_1" xlink:title="Label : NoncurrentPrepayments to label_NoncurrentPrepayments_1" />
    <link:label xlink:type="resource" xlink:label="label_NoncurrentPrepayments_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NoncurrentPrepayments_2" xml:lang="en-US" id="label_NoncurrentPrepayments_2">Non-current prepayments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentPrepayments" xlink:to="label_NoncurrentPrepayments_2" xlink:title="Label : NoncurrentPrepayments to label_NoncurrentPrepayments_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentContractAssets" xlink:label="NoncurrentContractAssets" xlink:title="NoncurrentContractAssets" />
    <link:label xlink:type="resource" xlink:label="label_NoncurrentContractAssets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_NoncurrentContractAssets" xml:lang="en-US" id="label_NoncurrentContractAssets">Contractual assets with customers &#x2013; exclusive rights</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentContractAssets" xlink:to="label_NoncurrentContractAssets" xlink:title="Label : NoncurrentContractAssets to label_NoncurrentContractAssets" />
    <link:label xlink:type="resource" xlink:label="label_NoncurrentContractAssets_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NoncurrentContractAssets_1" xml:lang="en-US" id="label_NoncurrentContractAssets_1">Non-current contract assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentContractAssets" xlink:to="label_NoncurrentContractAssets_1" xlink:title="Label : NoncurrentContractAssets to label_NoncurrentContractAssets_1" />
    <link:label xlink:type="resource" xlink:label="label_NoncurrentContractAssets_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NoncurrentContractAssets_2" xml:lang="en-US" id="label_NoncurrentContractAssets_2">Non-current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentContractAssets" xlink:to="label_NoncurrentContractAssets_2" xlink:title="Label : NoncurrentContractAssets to label_NoncurrentContractAssets_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_InvestmentAbstract" xlink:label="InvestmentAbstract" xlink:title="InvestmentAbstract" />
    <link:label xlink:type="resource" xlink:label="label_InvestmentAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_InvestmentAbstract" xml:lang="en-US" id="label_InvestmentAbstract">Investment [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentAbstract" xlink:to="label_InvestmentAbstract" xlink:title="Label : InvestmentAbstract to label_InvestmentAbstract" />
    <link:label xlink:type="resource" xlink:label="label_InvestmentAbstract_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_InvestmentAbstract_1" xml:lang="en-US" id="label_InvestmentAbstract_1">Investments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentAbstract" xlink:to="label_InvestmentAbstract_1" xlink:title="Label : InvestmentAbstract to label_InvestmentAbstract_1" />
    <link:label xlink:type="resource" xlink:label="label_InvestmentAbstract_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_InvestmentAbstract_2" xml:lang="en-US" id="label_InvestmentAbstract_2">Investment [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentAbstract" xlink:to="label_InvestmentAbstract_2" xlink:title="Label : InvestmentAbstract to label_InvestmentAbstract_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_InvestmentsInJointVenturesAccountedForUsingEquityMethod" xlink:label="InvestmentsInJointVenturesAccountedForUsingEquityMethod" xlink:title="InvestmentsInJointVenturesAccountedForUsingEquityMethod" />
    <link:label xlink:type="resource" xlink:label="label_InvestmentsInJointVenturesAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:title="label_InvestmentsInJointVenturesAccountedForUsingEquityMethod" xml:lang="en-US" id="label_InvestmentsInJointVenturesAccountedForUsingEquityMethod">Joint ventures, ending</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentsInJointVenturesAccountedForUsingEquityMethod" xlink:to="label_InvestmentsInJointVenturesAccountedForUsingEquityMethod" xlink:title="Label : InvestmentsInJointVenturesAccountedForUsingEquityMethod to label_InvestmentsInJointVenturesAccountedForUsingEquityMethod" />
    <link:label xlink:type="resource" xlink:label="label_InvestmentsInJointVenturesAccountedForUsingEquityMethod_1" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:title="label_InvestmentsInJointVenturesAccountedForUsingEquityMethod_1" xml:lang="en-US" id="label_InvestmentsInJointVenturesAccountedForUsingEquityMethod_1">Joint ventures, beginning</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentsInJointVenturesAccountedForUsingEquityMethod" xlink:to="label_InvestmentsInJointVenturesAccountedForUsingEquityMethod_1" xlink:title="Label : InvestmentsInJointVenturesAccountedForUsingEquityMethod to label_InvestmentsInJointVenturesAccountedForUsingEquityMethod_1" />
    <link:label xlink:type="resource" xlink:label="label_InvestmentsInJointVenturesAccountedForUsingEquityMethod_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_InvestmentsInJointVenturesAccountedForUsingEquityMethod_2" xml:lang="en-US" id="label_InvestmentsInJointVenturesAccountedForUsingEquityMethod_2">In joint ventures</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentsInJointVenturesAccountedForUsingEquityMethod" xlink:to="label_InvestmentsInJointVenturesAccountedForUsingEquityMethod_2" xlink:title="Label : InvestmentsInJointVenturesAccountedForUsingEquityMethod to label_InvestmentsInJointVenturesAccountedForUsingEquityMethod_2" />
    <link:label xlink:type="resource" xlink:label="label_InvestmentsInJointVenturesAccountedForUsingEquityMethod_3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_InvestmentsInJointVenturesAccountedForUsingEquityMethod_3" xml:lang="en-US" id="label_InvestmentsInJointVenturesAccountedForUsingEquityMethod_3">Investments in joint ventures accounted for using equity method</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentsInJointVenturesAccountedForUsingEquityMethod" xlink:to="label_InvestmentsInJointVenturesAccountedForUsingEquityMethod_3" xlink:title="Label : InvestmentsInJointVenturesAccountedForUsingEquityMethod to label_InvestmentsInJointVenturesAccountedForUsingEquityMethod_3" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_InvestmentsInAssociatesAccountedForUsingEquityMethod" xlink:label="InvestmentsInAssociatesAccountedForUsingEquityMethod" xlink:title="InvestmentsInAssociatesAccountedForUsingEquityMethod" />
    <link:label xlink:type="resource" xlink:label="label_InvestmentsInAssociatesAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:title="label_InvestmentsInAssociatesAccountedForUsingEquityMethod" xml:lang="en-US" id="label_InvestmentsInAssociatesAccountedForUsingEquityMethod">Associates, ending</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentsInAssociatesAccountedForUsingEquityMethod" xlink:to="label_InvestmentsInAssociatesAccountedForUsingEquityMethod" xlink:title="Label : InvestmentsInAssociatesAccountedForUsingEquityMethod to label_InvestmentsInAssociatesAccountedForUsingEquityMethod" />
    <link:label xlink:type="resource" xlink:label="label_InvestmentsInAssociatesAccountedForUsingEquityMethod_1" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:title="label_InvestmentsInAssociatesAccountedForUsingEquityMethod_1" xml:lang="en-US" id="label_InvestmentsInAssociatesAccountedForUsingEquityMethod_1">Associates, beginning</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentsInAssociatesAccountedForUsingEquityMethod" xlink:to="label_InvestmentsInAssociatesAccountedForUsingEquityMethod_1" xlink:title="Label : InvestmentsInAssociatesAccountedForUsingEquityMethod to label_InvestmentsInAssociatesAccountedForUsingEquityMethod_1" />
    <link:label xlink:type="resource" xlink:label="label_InvestmentsInAssociatesAccountedForUsingEquityMethod_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_InvestmentsInAssociatesAccountedForUsingEquityMethod_2" xml:lang="en-US" id="label_InvestmentsInAssociatesAccountedForUsingEquityMethod_2">In associates</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentsInAssociatesAccountedForUsingEquityMethod" xlink:to="label_InvestmentsInAssociatesAccountedForUsingEquityMethod_2" xlink:title="Label : InvestmentsInAssociatesAccountedForUsingEquityMethod to label_InvestmentsInAssociatesAccountedForUsingEquityMethod_2" />
    <link:label xlink:type="resource" xlink:label="label_InvestmentsInAssociatesAccountedForUsingEquityMethod_3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_InvestmentsInAssociatesAccountedForUsingEquityMethod_3" xml:lang="en-US" id="label_InvestmentsInAssociatesAccountedForUsingEquityMethod_3">Investments in associates accounted for using equity method</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentsInAssociatesAccountedForUsingEquityMethod" xlink:to="label_InvestmentsInAssociatesAccountedForUsingEquityMethod_3" xlink:title="Label : InvestmentsInAssociatesAccountedForUsingEquityMethod to label_InvestmentsInAssociatesAccountedForUsingEquityMethod_3" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" xlink:label="NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" xlink:title="NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" />
    <link:label xlink:type="resource" xlink:label="label_NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" xml:lang="en-US" id="label_NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod">Non-current investments other than investments accounted for using equity method</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" xlink:to="label_NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" xlink:title="Label : NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod to label_NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" />
    <link:label xlink:type="resource" xlink:label="label_NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod_1" xml:lang="en-US" id="label_NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod_1">Others</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" xlink:to="label_NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod_1" xlink:title="Label : NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod to label_NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NonCurrentInvestments" xlink:label="NonCurrentInvestments" xlink:title="NonCurrentInvestments" />
    <link:label xlink:type="resource" xlink:label="label_NonCurrentInvestments" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_NonCurrentInvestments" xml:lang="en-US" id="label_NonCurrentInvestments">The aggregate amount of non-current investments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonCurrentInvestments" xlink:to="label_NonCurrentInvestments" xlink:title="Label : NonCurrentInvestments to label_NonCurrentInvestments" />
    <link:label xlink:type="resource" xlink:label="label_NonCurrentInvestments_1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_NonCurrentInvestments_1" xml:lang="en-US" id="label_NonCurrentInvestments_1">Total investments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonCurrentInvestments" xlink:to="label_NonCurrentInvestments_1" xlink:title="Label : NonCurrentInvestments to label_NonCurrentInvestments_1" />
    <link:label xlink:type="resource" xlink:label="label_NonCurrentInvestments_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NonCurrentInvestments_2" xml:lang="en-US" id="label_NonCurrentInvestments_2">Non Current Investments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonCurrentInvestments" xlink:to="label_NonCurrentInvestments_2" xlink:title="Label : NonCurrentInvestments to label_NonCurrentInvestments_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RightofuseAssets" xlink:label="RightofuseAssets" xlink:title="RightofuseAssets" />
    <link:label xlink:type="resource" xlink:label="label_RightofuseAssets" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:title="label_RightofuseAssets" xml:lang="en-US" id="label_RightofuseAssets">Balance at end of period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RightofuseAssets" xlink:to="label_RightofuseAssets" xlink:title="Label : RightofuseAssets to label_RightofuseAssets" />
    <link:label xlink:type="resource" xlink:label="label_RightofuseAssets_1" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:title="label_RightofuseAssets_1" xml:lang="en-US" id="label_RightofuseAssets_1">Balance at beginning of period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RightofuseAssets" xlink:to="label_RightofuseAssets_1" xlink:title="Label : RightofuseAssets to label_RightofuseAssets_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_PropertyPlantAndEquipment" xlink:label="PropertyPlantAndEquipment" xlink:title="PropertyPlantAndEquipment" />
    <link:label xlink:type="resource" xlink:label="label_PropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PropertyPlantAndEquipment" xml:lang="en-US" id="label_PropertyPlantAndEquipment">Property, plant and equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PropertyPlantAndEquipment" xlink:to="label_PropertyPlantAndEquipment" xlink:title="Label : PropertyPlantAndEquipment to label_PropertyPlantAndEquipment" />
    <link:label xlink:type="resource" xlink:label="label_PropertyPlantAndEquipment_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_PropertyPlantAndEquipment_1" xml:lang="en-US" id="label_PropertyPlantAndEquipment_1">Property, plant, and equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PropertyPlantAndEquipment" xlink:to="label_PropertyPlantAndEquipment_1" xlink:title="Label : PropertyPlantAndEquipment to label_PropertyPlantAndEquipment_1" />
    <link:label xlink:type="resource" xlink:label="label_PropertyPlantAndEquipment_2" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:title="label_PropertyPlantAndEquipment_2" xml:lang="en-US" id="label_PropertyPlantAndEquipment_2">Property, plant, and equipment, beginning</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PropertyPlantAndEquipment" xlink:to="label_PropertyPlantAndEquipment_2" xlink:title="Label : PropertyPlantAndEquipment to label_PropertyPlantAndEquipment_2" />
    <link:label xlink:type="resource" xlink:label="label_PropertyPlantAndEquipment_3" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:title="label_PropertyPlantAndEquipment_3" xml:lang="en-US" id="label_PropertyPlantAndEquipment_3">Property, plant, and equipment, ending</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PropertyPlantAndEquipment" xlink:to="label_PropertyPlantAndEquipment_3" xlink:title="Label : PropertyPlantAndEquipment to label_PropertyPlantAndEquipment_3" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IntangibleAssetsAndGoodwill" xlink:label="IntangibleAssetsAndGoodwill" xlink:title="IntangibleAssetsAndGoodwill" />
    <link:label xlink:type="resource" xlink:label="label_IntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:title="label_IntangibleAssetsAndGoodwill" xml:lang="en-US" id="label_IntangibleAssetsAndGoodwill">Intangible assets, ending balance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IntangibleAssetsAndGoodwill" xlink:to="label_IntangibleAssetsAndGoodwill" xlink:title="Label : IntangibleAssetsAndGoodwill to label_IntangibleAssetsAndGoodwill" />
    <link:label xlink:type="resource" xlink:label="label_IntangibleAssetsAndGoodwill_1" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:title="label_IntangibleAssetsAndGoodwill_1" xml:lang="en-US" id="label_IntangibleAssetsAndGoodwill_1">Intangible assets, beginning</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IntangibleAssetsAndGoodwill" xlink:to="label_IntangibleAssetsAndGoodwill_1" xlink:title="Label : IntangibleAssetsAndGoodwill to label_IntangibleAssetsAndGoodwill_1" />
    <link:label xlink:type="resource" xlink:label="label_IntangibleAssetsAndGoodwill_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IntangibleAssetsAndGoodwill_2" xml:lang="en-US" id="label_IntangibleAssetsAndGoodwill_2">Intangible assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IntangibleAssetsAndGoodwill" xlink:to="label_IntangibleAssetsAndGoodwill_2" xlink:title="Label : IntangibleAssetsAndGoodwill to label_IntangibleAssetsAndGoodwill_2" />
    <link:label xlink:type="resource" xlink:label="label_IntangibleAssetsAndGoodwill_3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IntangibleAssetsAndGoodwill_3" xml:lang="en-US" id="label_IntangibleAssetsAndGoodwill_3">Intangible assets and goodwill</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IntangibleAssetsAndGoodwill" xlink:to="label_IntangibleAssetsAndGoodwill_3" xlink:title="Label : IntangibleAssetsAndGoodwill to label_IntangibleAssetsAndGoodwill_3" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentAssets" xlink:label="NoncurrentAssets" xlink:title="NoncurrentAssets" />
    <link:label xlink:type="resource" xlink:label="label_NoncurrentAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NoncurrentAssets" xml:lang="en-US" id="label_NoncurrentAssets">Non-current assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentAssets" xlink:to="label_NoncurrentAssets" xlink:title="Label : NoncurrentAssets to label_NoncurrentAssets" />
    <link:label xlink:type="resource" xlink:label="label_NoncurrentAssets_1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_NoncurrentAssets_1" xml:lang="en-US" id="label_NoncurrentAssets_1">Total non-current assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentAssets" xlink:to="label_NoncurrentAssets_1" xlink:title="Label : NoncurrentAssets to label_NoncurrentAssets_1" />
    <link:label xlink:type="resource" xlink:label="label_NoncurrentAssets_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NoncurrentAssets_2" xml:lang="en-US" id="label_NoncurrentAssets_2">Non-current assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentAssets" xlink:to="label_NoncurrentAssets_2" xlink:title="Label : NoncurrentAssets to label_NoncurrentAssets_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_Assets" xlink:label="Assets" xlink:title="Assets" />
    <link:label xlink:type="resource" xlink:label="label_Assets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_Assets" xml:lang="en-US" id="label_Assets">Total assets (excluding intersegment transactions)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Assets" xlink:to="label_Assets" xlink:title="Label : Assets to label_Assets" />
    <link:label xlink:type="resource" xlink:label="label_Assets_1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_Assets_1" xml:lang="en-US" id="label_Assets_1">Total assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Assets" xlink:to="label_Assets_1" xlink:title="Label : Assets to label_Assets_1" />
    <link:label xlink:type="resource" xlink:label="label_Assets_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_Assets_2" xml:lang="en-US" id="label_Assets_2">Assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Assets" xlink:to="label_Assets_2" xlink:title="Label : Assets to label_Assets_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LiabilitiesAbstract" xlink:label="LiabilitiesAbstract" xlink:title="LiabilitiesAbstract" />
    <link:label xlink:type="resource" xlink:label="label_LiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LiabilitiesAbstract" xml:lang="en-US" id="label_LiabilitiesAbstract">Liabilities [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesAbstract" xlink:to="label_LiabilitiesAbstract" xlink:title="Label : LiabilitiesAbstract to label_LiabilitiesAbstract" />
    <link:label xlink:type="resource" xlink:label="label_LiabilitiesAbstract_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LiabilitiesAbstract_1" xml:lang="en-US" id="label_LiabilitiesAbstract_1">Liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesAbstract" xlink:to="label_LiabilitiesAbstract_1" xlink:title="Label : LiabilitiesAbstract to label_LiabilitiesAbstract_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentLiabilitiesAbstract" xlink:label="CurrentLiabilitiesAbstract" xlink:title="CurrentLiabilitiesAbstract" />
    <link:label xlink:type="resource" xlink:label="label_CurrentLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurrentLiabilitiesAbstract" xml:lang="en-US" id="label_CurrentLiabilitiesAbstract">Current liabilities [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentLiabilitiesAbstract" xlink:to="label_CurrentLiabilitiesAbstract" xlink:title="Label : CurrentLiabilitiesAbstract to label_CurrentLiabilitiesAbstract" />
    <link:label xlink:type="resource" xlink:label="label_CurrentLiabilitiesAbstract_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CurrentLiabilitiesAbstract_1" xml:lang="en-US" id="label_CurrentLiabilitiesAbstract_1">Current liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentLiabilitiesAbstract" xlink:to="label_CurrentLiabilitiesAbstract_1" xlink:title="Label : CurrentLiabilitiesAbstract to label_CurrentLiabilitiesAbstract_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_LoansFinancingAndHedgingInstrumentsCurrent" xlink:label="LoansFinancingAndHedgingInstrumentsCurrent" xlink:title="LoansFinancingAndHedgingInstrumentsCurrent" />
    <link:label xlink:type="resource" xlink:label="label_LoansFinancingAndHedgingInstrumentsCurrent" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_LoansFinancingAndHedgingInstrumentsCurrent" xml:lang="en-US" id="label_LoansFinancingAndHedgingInstrumentsCurrent">The amount of current loans, financing and hedge derivative financial instruments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoansFinancingAndHedgingInstrumentsCurrent" xlink:to="label_LoansFinancingAndHedgingInstrumentsCurrent" xlink:title="Label : LoansFinancingAndHedgingInstrumentsCurrent to label_LoansFinancingAndHedgingInstrumentsCurrent" />
    <link:label xlink:type="resource" xlink:label="label_LoansFinancingAndHedgingInstrumentsCurrent_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LoansFinancingAndHedgingInstrumentsCurrent_1" xml:lang="en-US" id="label_LoansFinancingAndHedgingInstrumentsCurrent_1">Loans,&#xA0;financing&#xA0;and hedge derivative financial instruments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoansFinancingAndHedgingInstrumentsCurrent" xlink:to="label_LoansFinancingAndHedgingInstrumentsCurrent_1" xlink:title="Label : LoansFinancingAndHedgingInstrumentsCurrent to label_LoansFinancingAndHedgingInstrumentsCurrent_1" />
    <link:label xlink:type="resource" xlink:label="label_LoansFinancingAndHedgingInstrumentsCurrent_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LoansFinancingAndHedgingInstrumentsCurrent_2" xml:lang="en-US" id="label_LoansFinancingAndHedgingInstrumentsCurrent_2">Loans, financing and hedging instruments current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoansFinancingAndHedgingInstrumentsCurrent" xlink:to="label_LoansFinancingAndHedgingInstrumentsCurrent_2" xlink:title="Label : LoansFinancingAndHedgingInstrumentsCurrent to label_LoansFinancingAndHedgingInstrumentsCurrent_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentNotesAndDebenturesIssuedAndCurrentPortionOfNoncurrentNotesAndDebenturesIssued" xlink:label="CurrentNotesAndDebenturesIssuedAndCurrentPortionOfNoncurrentNotesAndDebenturesIssued" xlink:title="CurrentNotesAndDebenturesIssuedAndCurrentPortionOfNoncurrentNotesAndDebenturesIssued" />
    <link:label xlink:type="resource" xlink:label="label_CurrentNotesAndDebenturesIssuedAndCurrentPortionOfNoncurrentNotesAndDebenturesIssued" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurrentNotesAndDebenturesIssuedAndCurrentPortionOfNoncurrentNotesAndDebenturesIssued" xml:lang="en-US" id="label_CurrentNotesAndDebenturesIssuedAndCurrentPortionOfNoncurrentNotesAndDebenturesIssued">Current notes and debentures issued and current portion of non-current notes and debentures issued</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentNotesAndDebenturesIssuedAndCurrentPortionOfNoncurrentNotesAndDebenturesIssued" xlink:to="label_CurrentNotesAndDebenturesIssuedAndCurrentPortionOfNoncurrentNotesAndDebenturesIssued" xlink:title="Label : CurrentNotesAndDebenturesIssuedAndCurrentPortionOfNoncurrentNotesAndDebenturesIssued to label_CurrentNotesAndDebenturesIssuedAndCurrentPortionOfNoncurrentNotesAndDebenturesIssued" />
    <link:label xlink:type="resource" xlink:label="label_CurrentNotesAndDebenturesIssuedAndCurrentPortionOfNoncurrentNotesAndDebenturesIssued_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CurrentNotesAndDebenturesIssuedAndCurrentPortionOfNoncurrentNotesAndDebenturesIssued_1" xml:lang="en-US" id="label_CurrentNotesAndDebenturesIssuedAndCurrentPortionOfNoncurrentNotesAndDebenturesIssued_1">Debentures</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentNotesAndDebenturesIssuedAndCurrentPortionOfNoncurrentNotesAndDebenturesIssued" xlink:to="label_CurrentNotesAndDebenturesIssuedAndCurrentPortionOfNoncurrentNotesAndDebenturesIssued_1" xlink:title="Label : CurrentNotesAndDebenturesIssuedAndCurrentPortionOfNoncurrentNotesAndDebenturesIssued to label_CurrentNotesAndDebenturesIssuedAndCurrentPortionOfNoncurrentNotesAndDebenturesIssued_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers" xlink:label="TradeAndOtherCurrentPayablesToTradeSuppliers" xlink:title="TradeAndOtherCurrentPayablesToTradeSuppliers" />
    <link:label xlink:type="resource" xlink:label="label_TradeAndOtherCurrentPayablesToTradeSuppliers" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TradeAndOtherCurrentPayablesToTradeSuppliers" xml:lang="en-US" id="label_TradeAndOtherCurrentPayablesToTradeSuppliers">Current trade payables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeAndOtherCurrentPayablesToTradeSuppliers" xlink:to="label_TradeAndOtherCurrentPayablesToTradeSuppliers" xlink:title="Label : TradeAndOtherCurrentPayablesToTradeSuppliers to label_TradeAndOtherCurrentPayablesToTradeSuppliers" />
    <link:label xlink:type="resource" xlink:label="label_TradeAndOtherCurrentPayablesToTradeSuppliers_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TradeAndOtherCurrentPayablesToTradeSuppliers_1" xml:lang="en-US" id="label_TradeAndOtherCurrentPayablesToTradeSuppliers_1">Trade payables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeAndOtherCurrentPayablesToTradeSuppliers" xlink:to="label_TradeAndOtherCurrentPayablesToTradeSuppliers_1" xlink:title="Label : TradeAndOtherCurrentPayablesToTradeSuppliers to label_TradeAndOtherCurrentPayablesToTradeSuppliers_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_TradeCurrentPayablesReverseFactoring" xlink:label="TradeCurrentPayablesReverseFactoring" xlink:title="TradeCurrentPayablesReverseFactoring" />
    <link:label xlink:type="resource" xlink:label="label_TradeCurrentPayablesReverseFactoring" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TradeCurrentPayablesReverseFactoring" xml:lang="en-US" id="label_TradeCurrentPayablesReverseFactoring">Trade current payables reverse factoring</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeCurrentPayablesReverseFactoring" xlink:to="label_TradeCurrentPayablesReverseFactoring" xlink:title="Label : TradeCurrentPayablesReverseFactoring to label_TradeCurrentPayablesReverseFactoring" />
    <link:label xlink:type="resource" xlink:label="label_TradeCurrentPayablesReverseFactoring_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TradeCurrentPayablesReverseFactoring_1" xml:lang="en-US" id="label_TradeCurrentPayablesReverseFactoring_1">Trade payables &#x2013; reverse factoring</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeCurrentPayablesReverseFactoring" xlink:to="label_TradeCurrentPayablesReverseFactoring_1" xlink:title="Label : TradeCurrentPayablesReverseFactoring to label_TradeCurrentPayablesReverseFactoring_1" />
    <link:label xlink:type="resource" xlink:label="label_TradeCurrentPayablesReverseFactoring_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_TradeCurrentPayablesReverseFactoring_2" xml:lang="en-US" id="label_TradeCurrentPayablesReverseFactoring_2">Trade current payables- reverse factoring.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeCurrentPayablesReverseFactoring" xlink:to="label_TradeCurrentPayablesReverseFactoring_2" xlink:title="Label : TradeCurrentPayablesReverseFactoring to label_TradeCurrentPayablesReverseFactoring_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ShorttermEmployeeBenefitsAccruals" xlink:label="ShorttermEmployeeBenefitsAccruals" xlink:title="ShorttermEmployeeBenefitsAccruals" />
    <link:label xlink:type="resource" xlink:label="label_ShorttermEmployeeBenefitsAccruals" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ShorttermEmployeeBenefitsAccruals" xml:lang="en-US" id="label_ShorttermEmployeeBenefitsAccruals">Salaries and related charges</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShorttermEmployeeBenefitsAccruals" xlink:to="label_ShorttermEmployeeBenefitsAccruals" xlink:title="Label : ShorttermEmployeeBenefitsAccruals to label_ShorttermEmployeeBenefitsAccruals" />
    <link:label xlink:type="resource" xlink:label="label_ShorttermEmployeeBenefitsAccruals_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ShorttermEmployeeBenefitsAccruals_1" xml:lang="en-US" id="label_ShorttermEmployeeBenefitsAccruals_1">Short-term employee benefits accruals</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShorttermEmployeeBenefitsAccruals" xlink:to="label_ShorttermEmployeeBenefitsAccruals_1" xlink:title="Label : ShorttermEmployeeBenefitsAccruals to label_ShorttermEmployeeBenefitsAccruals_1" />
    <link:label xlink:type="resource" xlink:label="label_ShorttermEmployeeBenefitsAccruals_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_ShorttermEmployeeBenefitsAccruals_2" xml:lang="en-US" id="label_ShorttermEmployeeBenefitsAccruals_2">Salaries and related charges</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShorttermEmployeeBenefitsAccruals" xlink:to="label_ShorttermEmployeeBenefitsAccruals_2" xlink:title="Label : ShorttermEmployeeBenefitsAccruals to label_ShorttermEmployeeBenefitsAccruals_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax" xlink:label="CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax" xlink:title="CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax" />
    <link:label xlink:type="resource" xlink:label="label_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax" xml:lang="en-US" id="label_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax">Taxes payable</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax" xlink:to="label_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax" xlink:title="Label : CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax to label_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax" />
    <link:label xlink:type="resource" xlink:label="label_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax_1" xml:lang="en-US" id="label_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax_1">Taxes payables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax" xlink:to="label_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax_1" xlink:title="Label : CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax to label_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax_1" />
    <link:label xlink:type="resource" xlink:label="label_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax_2" xml:lang="en-US" id="label_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax_2">Current payables on social security and taxes other than income tax</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax" xlink:to="label_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax_2" xlink:title="Label : CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax to label_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentDividendPayables" xlink:label="CurrentDividendPayables" xlink:title="CurrentDividendPayables" />
    <link:label xlink:type="resource" xlink:label="label_CurrentDividendPayables" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:title="label_CurrentDividendPayables" xml:lang="en-US" id="label_CurrentDividendPayables">Ending balance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentDividendPayables" xlink:to="label_CurrentDividendPayables" xlink:title="Label : CurrentDividendPayables to label_CurrentDividendPayables" />
    <link:label xlink:type="resource" xlink:label="label_CurrentDividendPayables_1" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:title="label_CurrentDividendPayables_1" xml:lang="en-US" id="label_CurrentDividendPayables_1">Beginning balance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentDividendPayables" xlink:to="label_CurrentDividendPayables_1" xlink:title="Label : CurrentDividendPayables to label_CurrentDividendPayables_1" />
    <link:label xlink:type="resource" xlink:label="label_CurrentDividendPayables_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CurrentDividendPayables_2" xml:lang="en-US" id="label_CurrentDividendPayables_2">Dividends payable</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentDividendPayables" xlink:to="label_CurrentDividendPayables_2" xlink:title="Label : CurrentDividendPayables to label_CurrentDividendPayables_2" />
    <link:label xlink:type="resource" xlink:label="label_CurrentDividendPayables_3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurrentDividendPayables_3" xml:lang="en-US" id="label_CurrentDividendPayables_3">Current dividend payables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentDividendPayables" xlink:to="label_CurrentDividendPayables_3" xlink:title="Label : CurrentDividendPayables to label_CurrentDividendPayables_3" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentTaxLiabilitiesCurrent" xlink:label="CurrentTaxLiabilitiesCurrent" xlink:title="CurrentTaxLiabilitiesCurrent" />
    <link:label xlink:type="resource" xlink:label="label_CurrentTaxLiabilitiesCurrent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurrentTaxLiabilitiesCurrent" xml:lang="en-US" id="label_CurrentTaxLiabilitiesCurrent">Current tax liabilities, current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentTaxLiabilitiesCurrent" xlink:to="label_CurrentTaxLiabilitiesCurrent" xlink:title="Label : CurrentTaxLiabilitiesCurrent to label_CurrentTaxLiabilitiesCurrent" />
    <link:label xlink:type="resource" xlink:label="label_CurrentTaxLiabilitiesCurrent_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CurrentTaxLiabilitiesCurrent_1" xml:lang="en-US" id="label_CurrentTaxLiabilitiesCurrent_1">Income and social contribution taxes payable</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentTaxLiabilitiesCurrent" xlink:to="label_CurrentTaxLiabilitiesCurrent_1" xlink:title="Label : CurrentTaxLiabilitiesCurrent to label_CurrentTaxLiabilitiesCurrent_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentProvisionsForEmployeeBenefits" xlink:label="CurrentProvisionsForEmployeeBenefits" xlink:title="CurrentProvisionsForEmployeeBenefits" />
    <link:label xlink:type="resource" xlink:label="label_CurrentProvisionsForEmployeeBenefits" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurrentProvisionsForEmployeeBenefits" xml:lang="en-US" id="label_CurrentProvisionsForEmployeeBenefits">Current provisions for employee benefits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentProvisionsForEmployeeBenefits" xlink:to="label_CurrentProvisionsForEmployeeBenefits" xlink:title="Label : CurrentProvisionsForEmployeeBenefits to label_CurrentProvisionsForEmployeeBenefits" />
    <link:label xlink:type="resource" xlink:label="label_CurrentProvisionsForEmployeeBenefits_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_CurrentProvisionsForEmployeeBenefits_1" xml:lang="en-US" id="label_CurrentProvisionsForEmployeeBenefits_1">Post-employment benefits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentProvisionsForEmployeeBenefits" xlink:to="label_CurrentProvisionsForEmployeeBenefits_1" xlink:title="Label : CurrentProvisionsForEmployeeBenefits to label_CurrentProvisionsForEmployeeBenefits_1" />
    <link:label xlink:type="resource" xlink:label="label_CurrentProvisionsForEmployeeBenefits_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CurrentProvisionsForEmployeeBenefits_2" xml:lang="en-US" id="label_CurrentProvisionsForEmployeeBenefits_2">Current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentProvisionsForEmployeeBenefits" xlink:to="label_CurrentProvisionsForEmployeeBenefits_2" xlink:title="Label : CurrentProvisionsForEmployeeBenefits to label_CurrentProvisionsForEmployeeBenefits_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_CurrentProvisionAssetRetirementObligation" xlink:label="CurrentProvisionAssetRetirementObligation" xlink:title="CurrentProvisionAssetRetirementObligation" />
    <link:label xlink:type="resource" xlink:label="label_CurrentProvisionAssetRetirementObligation" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurrentProvisionAssetRetirementObligation" xml:lang="en-US" id="label_CurrentProvisionAssetRetirementObligation">Current provision asset retirement obligation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentProvisionAssetRetirementObligation" xlink:to="label_CurrentProvisionAssetRetirementObligation" xlink:title="Label : CurrentProvisionAssetRetirementObligation to label_CurrentProvisionAssetRetirementObligation" />
    <link:label xlink:type="resource" xlink:label="label_CurrentProvisionAssetRetirementObligation_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CurrentProvisionAssetRetirementObligation_1" xml:lang="en-US" id="label_CurrentProvisionAssetRetirementObligation_1">Provision for asset retirement obligation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentProvisionAssetRetirementObligation" xlink:to="label_CurrentProvisionAssetRetirementObligation_1" xlink:title="Label : CurrentProvisionAssetRetirementObligation to label_CurrentProvisionAssetRetirementObligation_1" />
    <link:label xlink:type="resource" xlink:label="label_CurrentProvisionAssetRetirementObligation_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_CurrentProvisionAssetRetirementObligation_2" xml:lang="en-US" id="label_CurrentProvisionAssetRetirementObligation_2">Provision for legal obligations associated with the retirement of long-lived assets that result from the acquisition, construction, development and/or the normal operation of such assets.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentProvisionAssetRetirementObligation" xlink:to="label_CurrentProvisionAssetRetirementObligation_2" xlink:title="Label : CurrentProvisionAssetRetirementObligation to label_CurrentProvisionAssetRetirementObligation_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ShorttermLegalProceedingsProvision" xlink:label="ShorttermLegalProceedingsProvision" xlink:title="ShorttermLegalProceedingsProvision" />
    <link:label xlink:type="resource" xlink:label="label_ShorttermLegalProceedingsProvision" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ShorttermLegalProceedingsProvision" xml:lang="en-US" id="label_ShorttermLegalProceedingsProvision">Provision for tax, civil, and labor risks</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShorttermLegalProceedingsProvision" xlink:to="label_ShorttermLegalProceedingsProvision" xlink:title="Label : ShorttermLegalProceedingsProvision to label_ShorttermLegalProceedingsProvision" />
    <link:label xlink:type="resource" xlink:label="label_ShorttermLegalProceedingsProvision_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ShorttermLegalProceedingsProvision_1" xml:lang="en-US" id="label_ShorttermLegalProceedingsProvision_1">Current legal proceedings provision</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShorttermLegalProceedingsProvision" xlink:to="label_ShorttermLegalProceedingsProvision_1" xlink:title="Label : ShorttermLegalProceedingsProvision to label_ShorttermLegalProceedingsProvision_1" />
    <link:label xlink:type="resource" xlink:label="label_ShorttermLegalProceedingsProvision_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_ShorttermLegalProceedingsProvision_2" xml:lang="en-US" id="label_ShorttermLegalProceedingsProvision_2">Current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShorttermLegalProceedingsProvision" xlink:to="label_ShorttermLegalProceedingsProvision_2" xlink:title="Label : ShorttermLegalProceedingsProvision to label_ShorttermLegalProceedingsProvision_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentLeaseLiabilities" xlink:label="CurrentLeaseLiabilities" xlink:title="CurrentLeaseLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_CurrentLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurrentLeaseLiabilities" xml:lang="en-US" id="label_CurrentLeaseLiabilities">Current lease liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentLeaseLiabilities" xlink:to="label_CurrentLeaseLiabilities" xlink:title="Label : CurrentLeaseLiabilities to label_CurrentLeaseLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_CurrentLeaseLiabilities_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CurrentLeaseLiabilities_1" xml:lang="en-US" id="label_CurrentLeaseLiabilities_1">Leases payable</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentLeaseLiabilities" xlink:to="label_CurrentLeaseLiabilities_1" xlink:title="Label : CurrentLeaseLiabilities to label_CurrentLeaseLiabilities_1" />
    <link:label xlink:type="resource" xlink:label="label_CurrentLeaseLiabilities_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_CurrentLeaseLiabilities_2" xml:lang="en-US" id="label_CurrentLeaseLiabilities_2">Current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentLeaseLiabilities" xlink:to="label_CurrentLeaseLiabilities_2" xlink:title="Label : CurrentLeaseLiabilities to label_CurrentLeaseLiabilities_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherCurrentPayables" xlink:label="OtherCurrentPayables" xlink:title="OtherCurrentPayables" />
    <link:label xlink:type="resource" xlink:label="label_OtherCurrentPayables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherCurrentPayables" xml:lang="en-US" id="label_OtherCurrentPayables">Other current payables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherCurrentPayables" xlink:to="label_OtherCurrentPayables" xlink:title="Label : OtherCurrentPayables to label_OtherCurrentPayables" />
    <link:label xlink:type="resource" xlink:label="label_OtherCurrentPayables_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherCurrentPayables_1" xml:lang="en-US" id="label_OtherCurrentPayables_1">Other payables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherCurrentPayables" xlink:to="label_OtherCurrentPayables_1" xlink:title="Label : OtherCurrentPayables to label_OtherCurrentPayables_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentDeferredIncomeIncludingCurrentContractLiabilities" xlink:label="CurrentDeferredIncomeIncludingCurrentContractLiabilities" xlink:title="CurrentDeferredIncomeIncludingCurrentContractLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_CurrentDeferredIncomeIncludingCurrentContractLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurrentDeferredIncomeIncludingCurrentContractLiabilities" xml:lang="en-US" id="label_CurrentDeferredIncomeIncludingCurrentContractLiabilities">Current deferred income including current contract liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentDeferredIncomeIncludingCurrentContractLiabilities" xlink:to="label_CurrentDeferredIncomeIncludingCurrentContractLiabilities" xlink:title="Label : CurrentDeferredIncomeIncludingCurrentContractLiabilities to label_CurrentDeferredIncomeIncludingCurrentContractLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_CurrentDeferredIncomeIncludingCurrentContractLiabilities_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CurrentDeferredIncomeIncludingCurrentContractLiabilities_1" xml:lang="en-US" id="label_CurrentDeferredIncomeIncludingCurrentContractLiabilities_1">Deferred revenue</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentDeferredIncomeIncludingCurrentContractLiabilities" xlink:to="label_CurrentDeferredIncomeIncludingCurrentContractLiabilities_1" xlink:title="Label : CurrentDeferredIncomeIncludingCurrentContractLiabilities to label_CurrentDeferredIncomeIncludingCurrentContractLiabilities_1" />
    <link:label xlink:type="resource" xlink:label="label_CurrentDeferredIncomeIncludingCurrentContractLiabilities_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_CurrentDeferredIncomeIncludingCurrentContractLiabilities_2" xml:lang="en-US" id="label_CurrentDeferredIncomeIncludingCurrentContractLiabilities_2">Current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentDeferredIncomeIncludingCurrentContractLiabilities" xlink:to="label_CurrentDeferredIncomeIncludingCurrentContractLiabilities_2" xlink:title="Label : CurrentDeferredIncomeIncludingCurrentContractLiabilities to label_CurrentDeferredIncomeIncludingCurrentContractLiabilities_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentLiabilities" xlink:label="CurrentLiabilities" xlink:title="CurrentLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_CurrentLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CurrentLiabilities" xml:lang="en-US" id="label_CurrentLiabilities">Current liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentLiabilities" xlink:to="label_CurrentLiabilities" xlink:title="Label : CurrentLiabilities to label_CurrentLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_CurrentLiabilities_1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_CurrentLiabilities_1" xml:lang="en-US" id="label_CurrentLiabilities_1">Total current liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentLiabilities" xlink:to="label_CurrentLiabilities_1" xlink:title="Label : CurrentLiabilities to label_CurrentLiabilities_1" />
    <link:label xlink:type="resource" xlink:label="label_CurrentLiabilities_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurrentLiabilities_2" xml:lang="en-US" id="label_CurrentLiabilities_2">Current liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentLiabilities" xlink:to="label_CurrentLiabilities_2" xlink:title="Label : CurrentLiabilities to label_CurrentLiabilities_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentLiabilitiesAbstract" xlink:label="NoncurrentLiabilitiesAbstract" xlink:title="NoncurrentLiabilitiesAbstract" />
    <link:label xlink:type="resource" xlink:label="label_NoncurrentLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NoncurrentLiabilitiesAbstract" xml:lang="en-US" id="label_NoncurrentLiabilitiesAbstract">Non-current liabilities [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentLiabilitiesAbstract" xlink:to="label_NoncurrentLiabilitiesAbstract" xlink:title="Label : NoncurrentLiabilitiesAbstract to label_NoncurrentLiabilitiesAbstract" />
    <link:label xlink:type="resource" xlink:label="label_NoncurrentLiabilitiesAbstract_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NoncurrentLiabilitiesAbstract_1" xml:lang="en-US" id="label_NoncurrentLiabilitiesAbstract_1">Non-current liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentLiabilitiesAbstract" xlink:to="label_NoncurrentLiabilitiesAbstract_1" xlink:title="Label : NoncurrentLiabilitiesAbstract to label_NoncurrentLiabilitiesAbstract_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_LoansFinancingAndHedgingInstrumentsNonCurrent" xlink:label="LoansFinancingAndHedgingInstrumentsNonCurrent" xlink:title="LoansFinancingAndHedgingInstrumentsNonCurrent" />
    <link:label xlink:type="resource" xlink:label="label_LoansFinancingAndHedgingInstrumentsNonCurrent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LoansFinancingAndHedgingInstrumentsNonCurrent" xml:lang="en-US" id="label_LoansFinancingAndHedgingInstrumentsNonCurrent">Loans, financing and hedging instruments non current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoansFinancingAndHedgingInstrumentsNonCurrent" xlink:to="label_LoansFinancingAndHedgingInstrumentsNonCurrent" xlink:title="Label : LoansFinancingAndHedgingInstrumentsNonCurrent to label_LoansFinancingAndHedgingInstrumentsNonCurrent" />
    <link:label xlink:type="resource" xlink:label="label_LoansFinancingAndHedgingInstrumentsNonCurrent_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LoansFinancingAndHedgingInstrumentsNonCurrent_1" xml:lang="en-US" id="label_LoansFinancingAndHedgingInstrumentsNonCurrent_1">Loans, financing and hedge derivative financial instruments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoansFinancingAndHedgingInstrumentsNonCurrent" xlink:to="label_LoansFinancingAndHedgingInstrumentsNonCurrent_1" xlink:title="Label : LoansFinancingAndHedgingInstrumentsNonCurrent to label_LoansFinancingAndHedgingInstrumentsNonCurrent_1" />
    <link:label xlink:type="resource" xlink:label="label_LoansFinancingAndHedgingInstrumentsNonCurrent_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_LoansFinancingAndHedgingInstrumentsNonCurrent_2" xml:lang="en-US" id="label_LoansFinancingAndHedgingInstrumentsNonCurrent_2">The amount of non-current loans, financing and hedge derivative financial instruments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoansFinancingAndHedgingInstrumentsNonCurrent" xlink:to="label_LoansFinancingAndHedgingInstrumentsNonCurrent_2" xlink:title="Label : LoansFinancingAndHedgingInstrumentsNonCurrent to label_LoansFinancingAndHedgingInstrumentsNonCurrent_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentPortionOfNoncurrentNotesAndDebenturesIssued" xlink:label="NoncurrentPortionOfNoncurrentNotesAndDebenturesIssued" xlink:title="NoncurrentPortionOfNoncurrentNotesAndDebenturesIssued" />
    <link:label xlink:type="resource" xlink:label="label_NoncurrentPortionOfNoncurrentNotesAndDebenturesIssued" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NoncurrentPortionOfNoncurrentNotesAndDebenturesIssued" xml:lang="en-US" id="label_NoncurrentPortionOfNoncurrentNotesAndDebenturesIssued">Non-current portion of non-current notes and debentures issued</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentPortionOfNoncurrentNotesAndDebenturesIssued" xlink:to="label_NoncurrentPortionOfNoncurrentNotesAndDebenturesIssued" xlink:title="Label : NoncurrentPortionOfNoncurrentNotesAndDebenturesIssued to label_NoncurrentPortionOfNoncurrentNotesAndDebenturesIssued" />
    <link:label xlink:type="resource" xlink:label="label_NoncurrentPortionOfNoncurrentNotesAndDebenturesIssued_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NoncurrentPortionOfNoncurrentNotesAndDebenturesIssued_1" xml:lang="en-US" id="label_NoncurrentPortionOfNoncurrentNotesAndDebenturesIssued_1">Debentures</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentPortionOfNoncurrentNotesAndDebenturesIssued" xlink:to="label_NoncurrentPortionOfNoncurrentNotesAndDebenturesIssued_1" xlink:title="Label : NoncurrentPortionOfNoncurrentNotesAndDebenturesIssued to label_NoncurrentPortionOfNoncurrentNotesAndDebenturesIssued_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentPayablesToRelatedParties" xlink:label="NoncurrentPayablesToRelatedParties" xlink:title="NoncurrentPayablesToRelatedParties" />
    <link:label xlink:type="resource" xlink:label="label_NoncurrentPayablesToRelatedParties" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NoncurrentPayablesToRelatedParties" xml:lang="en-US" id="label_NoncurrentPayablesToRelatedParties">Non-current payables to related parties</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentPayablesToRelatedParties" xlink:to="label_NoncurrentPayablesToRelatedParties" xlink:title="Label : NoncurrentPayablesToRelatedParties to label_NoncurrentPayablesToRelatedParties" />
    <link:label xlink:type="resource" xlink:label="label_NoncurrentPayablesToRelatedParties_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NoncurrentPayablesToRelatedParties_1" xml:lang="en-US" id="label_NoncurrentPayablesToRelatedParties_1">Related parties</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentPayablesToRelatedParties" xlink:to="label_NoncurrentPayablesToRelatedParties_1" xlink:title="Label : NoncurrentPayablesToRelatedParties to label_NoncurrentPayablesToRelatedParties_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DeferredTaxLiabilities" xlink:label="DeferredTaxLiabilities" xlink:title="DeferredTaxLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_DeferredTaxLiabilities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_DeferredTaxLiabilities" xml:lang="en-US" id="label_DeferredTaxLiabilities">Net balance of deferred taxes liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredTaxLiabilities" xlink:to="label_DeferredTaxLiabilities" xlink:title="Label : DeferredTaxLiabilities to label_DeferredTaxLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_DeferredTaxLiabilities_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DeferredTaxLiabilities_1" xml:lang="en-US" id="label_DeferredTaxLiabilities_1">Deferred income and social contribution taxes</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredTaxLiabilities" xlink:to="label_DeferredTaxLiabilities_1" xlink:title="Label : DeferredTaxLiabilities to label_DeferredTaxLiabilities_1" />
    <link:label xlink:type="resource" xlink:label="label_DeferredTaxLiabilities_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DeferredTaxLiabilities_2" xml:lang="en-US" id="label_DeferredTaxLiabilities_2">Deferred tax liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredTaxLiabilities" xlink:to="label_DeferredTaxLiabilities_2" xlink:title="Label : DeferredTaxLiabilities to label_DeferredTaxLiabilities_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentProvisionsForEmployeeBenefits" xlink:label="NoncurrentProvisionsForEmployeeBenefits" xlink:title="NoncurrentProvisionsForEmployeeBenefits" />
    <link:label xlink:type="resource" xlink:label="label_NoncurrentProvisionsForEmployeeBenefits" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NoncurrentProvisionsForEmployeeBenefits" xml:lang="en-US" id="label_NoncurrentProvisionsForEmployeeBenefits">Non-current provisions for employee benefits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentProvisionsForEmployeeBenefits" xlink:to="label_NoncurrentProvisionsForEmployeeBenefits" xlink:title="Label : NoncurrentProvisionsForEmployeeBenefits to label_NoncurrentProvisionsForEmployeeBenefits" />
    <link:label xlink:type="resource" xlink:label="label_NoncurrentProvisionsForEmployeeBenefits_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_NoncurrentProvisionsForEmployeeBenefits_1" xml:lang="en-US" id="label_NoncurrentProvisionsForEmployeeBenefits_1">Post-employment benefits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentProvisionsForEmployeeBenefits" xlink:to="label_NoncurrentProvisionsForEmployeeBenefits_1" xlink:title="Label : NoncurrentProvisionsForEmployeeBenefits to label_NoncurrentProvisionsForEmployeeBenefits_1" />
    <link:label xlink:type="resource" xlink:label="label_NoncurrentProvisionsForEmployeeBenefits_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NoncurrentProvisionsForEmployeeBenefits_2" xml:lang="en-US" id="label_NoncurrentProvisionsForEmployeeBenefits_2">Non-current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentProvisionsForEmployeeBenefits" xlink:to="label_NoncurrentProvisionsForEmployeeBenefits_2" xlink:title="Label : NoncurrentProvisionsForEmployeeBenefits to label_NoncurrentProvisionsForEmployeeBenefits_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NonCurrentProvisionForAssetRetirementObligation" xlink:label="NonCurrentProvisionForAssetRetirementObligation" xlink:title="NonCurrentProvisionForAssetRetirementObligation" />
    <link:label xlink:type="resource" xlink:label="label_NonCurrentProvisionForAssetRetirementObligation" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_NonCurrentProvisionForAssetRetirementObligation" xml:lang="en-US" id="label_NonCurrentProvisionForAssetRetirementObligation">The amount of non-current provision for asset retirement obligation.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonCurrentProvisionForAssetRetirementObligation" xlink:to="label_NonCurrentProvisionForAssetRetirementObligation" xlink:title="Label : NonCurrentProvisionForAssetRetirementObligation to label_NonCurrentProvisionForAssetRetirementObligation" />
    <link:label xlink:type="resource" xlink:label="label_NonCurrentProvisionForAssetRetirementObligation_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NonCurrentProvisionForAssetRetirementObligation_1" xml:lang="en-US" id="label_NonCurrentProvisionForAssetRetirementObligation_1">Provision for asset retirement obligation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonCurrentProvisionForAssetRetirementObligation" xlink:to="label_NonCurrentProvisionForAssetRetirementObligation_1" xlink:title="Label : NonCurrentProvisionForAssetRetirementObligation to label_NonCurrentProvisionForAssetRetirementObligation_1" />
    <link:label xlink:type="resource" xlink:label="label_NonCurrentProvisionForAssetRetirementObligation_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NonCurrentProvisionForAssetRetirementObligation_2" xml:lang="en-US" id="label_NonCurrentProvisionForAssetRetirementObligation_2">Non Current Provision for Asset Retirement Obligation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonCurrentProvisionForAssetRetirementObligation" xlink:to="label_NonCurrentProvisionForAssetRetirementObligation_2" xlink:title="Label : NonCurrentProvisionForAssetRetirementObligation to label_NonCurrentProvisionForAssetRetirementObligation_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LongtermLegalProceedingsProvision" xlink:label="LongtermLegalProceedingsProvision" xlink:title="LongtermLegalProceedingsProvision" />
    <link:label xlink:type="resource" xlink:label="label_LongtermLegalProceedingsProvision" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LongtermLegalProceedingsProvision" xml:lang="en-US" id="label_LongtermLegalProceedingsProvision">Provision for tax, civil, and labor risks</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LongtermLegalProceedingsProvision" xlink:to="label_LongtermLegalProceedingsProvision" xlink:title="Label : LongtermLegalProceedingsProvision to label_LongtermLegalProceedingsProvision" />
    <link:label xlink:type="resource" xlink:label="label_LongtermLegalProceedingsProvision_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LongtermLegalProceedingsProvision_1" xml:lang="en-US" id="label_LongtermLegalProceedingsProvision_1">Non-current legal proceedings provision</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LongtermLegalProceedingsProvision" xlink:to="label_LongtermLegalProceedingsProvision_1" xlink:title="Label : LongtermLegalProceedingsProvision to label_LongtermLegalProceedingsProvision_1" />
    <link:label xlink:type="resource" xlink:label="label_LongtermLegalProceedingsProvision_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_LongtermLegalProceedingsProvision_2" xml:lang="en-US" id="label_LongtermLegalProceedingsProvision_2">Non-current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LongtermLegalProceedingsProvision" xlink:to="label_LongtermLegalProceedingsProvision_2" xlink:title="Label : LongtermLegalProceedingsProvision to label_LongtermLegalProceedingsProvision_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentLeaseLiabilities" xlink:label="NoncurrentLeaseLiabilities" xlink:title="NoncurrentLeaseLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_NoncurrentLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NoncurrentLeaseLiabilities" xml:lang="en-US" id="label_NoncurrentLeaseLiabilities">Non-current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentLeaseLiabilities" xlink:to="label_NoncurrentLeaseLiabilities" xlink:title="Label : NoncurrentLeaseLiabilities to label_NoncurrentLeaseLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_NoncurrentLeaseLiabilities_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NoncurrentLeaseLiabilities_1" xml:lang="en-US" id="label_NoncurrentLeaseLiabilities_1">Non-current lease liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentLeaseLiabilities" xlink:to="label_NoncurrentLeaseLiabilities_1" xlink:title="Label : NoncurrentLeaseLiabilities to label_NoncurrentLeaseLiabilities_1" />
    <link:label xlink:type="resource" xlink:label="label_NoncurrentLeaseLiabilities_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_NoncurrentLeaseLiabilities_2" xml:lang="en-US" id="label_NoncurrentLeaseLiabilities_2">Leases payable</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentLeaseLiabilities" xlink:to="label_NoncurrentLeaseLiabilities_2" xlink:title="Label : NoncurrentLeaseLiabilities to label_NoncurrentLeaseLiabilities_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NonCurrentIndemnificationForSubscriptionWarrants" xlink:label="NonCurrentIndemnificationForSubscriptionWarrants" xlink:title="NonCurrentIndemnificationForSubscriptionWarrants" />
    <link:label xlink:type="resource" xlink:label="label_NonCurrentIndemnificationForSubscriptionWarrants" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NonCurrentIndemnificationForSubscriptionWarrants" xml:lang="en-US" id="label_NonCurrentIndemnificationForSubscriptionWarrants">Non Current Indemnification For Subscription Warrants</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonCurrentIndemnificationForSubscriptionWarrants" xlink:to="label_NonCurrentIndemnificationForSubscriptionWarrants" xlink:title="Label : NonCurrentIndemnificationForSubscriptionWarrants to label_NonCurrentIndemnificationForSubscriptionWarrants" />
    <link:label xlink:type="resource" xlink:label="label_NonCurrentIndemnificationForSubscriptionWarrants_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NonCurrentIndemnificationForSubscriptionWarrants_1" xml:lang="en-US" id="label_NonCurrentIndemnificationForSubscriptionWarrants_1">Subscription warrants &#x2013; indemnification</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonCurrentIndemnificationForSubscriptionWarrants" xlink:to="label_NonCurrentIndemnificationForSubscriptionWarrants_1" xlink:title="Label : NonCurrentIndemnificationForSubscriptionWarrants to label_NonCurrentIndemnificationForSubscriptionWarrants_1" />
    <link:label xlink:type="resource" xlink:label="label_NonCurrentIndemnificationForSubscriptionWarrants_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_NonCurrentIndemnificationForSubscriptionWarrants_2" xml:lang="en-US" id="label_NonCurrentIndemnificationForSubscriptionWarrants_2">The amount of non-current indemnification for subscription warrants.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonCurrentIndemnificationForSubscriptionWarrants" xlink:to="label_NonCurrentIndemnificationForSubscriptionWarrants_2" xlink:title="Label : NonCurrentIndemnificationForSubscriptionWarrants to label_NonCurrentIndemnificationForSubscriptionWarrants_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NonCurrentProvisionForShortTermLiabilitiesOfJointVenture" xlink:label="NonCurrentProvisionForShortTermLiabilitiesOfJointVenture" xlink:title="NonCurrentProvisionForShortTermLiabilitiesOfJointVenture" />
    <link:label xlink:type="resource" xlink:label="label_NonCurrentProvisionForShortTermLiabilitiesOfJointVenture" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NonCurrentProvisionForShortTermLiabilitiesOfJointVenture" xml:lang="en-US" id="label_NonCurrentProvisionForShortTermLiabilitiesOfJointVenture">Provision for liabilities of joint ventures</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonCurrentProvisionForShortTermLiabilitiesOfJointVenture" xlink:to="label_NonCurrentProvisionForShortTermLiabilitiesOfJointVenture" xlink:title="Label : NonCurrentProvisionForShortTermLiabilitiesOfJointVenture to label_NonCurrentProvisionForShortTermLiabilitiesOfJointVenture" />
    <link:label xlink:type="resource" xlink:label="label_NonCurrentProvisionForShortTermLiabilitiesOfJointVenture_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_NonCurrentProvisionForShortTermLiabilitiesOfJointVenture_1" xml:lang="en-US" id="label_NonCurrentProvisionForShortTermLiabilitiesOfJointVenture_1">The amount of non-current provision for short-term liabilities of joint venture.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonCurrentProvisionForShortTermLiabilitiesOfJointVenture" xlink:to="label_NonCurrentProvisionForShortTermLiabilitiesOfJointVenture_1" xlink:title="Label : NonCurrentProvisionForShortTermLiabilitiesOfJointVenture to label_NonCurrentProvisionForShortTermLiabilitiesOfJointVenture_1" />
    <link:label xlink:type="resource" xlink:label="label_NonCurrentProvisionForShortTermLiabilitiesOfJointVenture_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NonCurrentProvisionForShortTermLiabilitiesOfJointVenture_2" xml:lang="en-US" id="label_NonCurrentProvisionForShortTermLiabilitiesOfJointVenture_2">Non Current Provision for Short Term Liabilities of Joint Venture</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonCurrentProvisionForShortTermLiabilitiesOfJointVenture" xlink:to="label_NonCurrentProvisionForShortTermLiabilitiesOfJointVenture_2" xlink:title="Label : NonCurrentProvisionForShortTermLiabilitiesOfJointVenture to label_NonCurrentProvisionForShortTermLiabilitiesOfJointVenture_2" />
    <link:label xlink:type="resource" xlink:label="label_NonCurrentProvisionForShortTermLiabilitiesOfJointVenture_3" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:title="label_NonCurrentProvisionForShortTermLiabilitiesOfJointVenture_3" xml:lang="en-US" id="label_NonCurrentProvisionForShortTermLiabilitiesOfJointVenture_3">Ending balance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonCurrentProvisionForShortTermLiabilitiesOfJointVenture" xlink:to="label_NonCurrentProvisionForShortTermLiabilitiesOfJointVenture_3" xlink:title="Label : NonCurrentProvisionForShortTermLiabilitiesOfJointVenture to label_NonCurrentProvisionForShortTermLiabilitiesOfJointVenture_3" />
    <link:label xlink:type="resource" xlink:label="label_NonCurrentProvisionForShortTermLiabilitiesOfJointVenture_4" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:title="label_NonCurrentProvisionForShortTermLiabilitiesOfJointVenture_4" xml:lang="en-US" id="label_NonCurrentProvisionForShortTermLiabilitiesOfJointVenture_4">Balance as of December 31, 2020</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonCurrentProvisionForShortTermLiabilitiesOfJointVenture" xlink:to="label_NonCurrentProvisionForShortTermLiabilitiesOfJointVenture_4" xlink:title="Label : NonCurrentProvisionForShortTermLiabilitiesOfJointVenture to label_NonCurrentProvisionForShortTermLiabilitiesOfJointVenture_4" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherNoncurrentPayables" xlink:label="OtherNoncurrentPayables" xlink:title="OtherNoncurrentPayables" />
    <link:label xlink:type="resource" xlink:label="label_OtherNoncurrentPayables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherNoncurrentPayables" xml:lang="en-US" id="label_OtherNoncurrentPayables">Other non-current payables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherNoncurrentPayables" xlink:to="label_OtherNoncurrentPayables" xlink:title="Label : OtherNoncurrentPayables to label_OtherNoncurrentPayables" />
    <link:label xlink:type="resource" xlink:label="label_OtherNoncurrentPayables_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_OtherNoncurrentPayables_1" xml:lang="en-US" id="label_OtherNoncurrentPayables_1">Other payables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherNoncurrentPayables" xlink:to="label_OtherNoncurrentPayables_1" xlink:title="Label : OtherNoncurrentPayables to label_OtherNoncurrentPayables_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentLiabilities" xlink:label="NoncurrentLiabilities" xlink:title="NoncurrentLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_NoncurrentLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NoncurrentLiabilities" xml:lang="en-US" id="label_NoncurrentLiabilities">Non-current liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentLiabilities" xlink:to="label_NoncurrentLiabilities" xlink:title="Label : NoncurrentLiabilities to label_NoncurrentLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_NoncurrentLiabilities_1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_NoncurrentLiabilities_1" xml:lang="en-US" id="label_NoncurrentLiabilities_1">Total non-current liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentLiabilities" xlink:to="label_NoncurrentLiabilities_1" xlink:title="Label : NoncurrentLiabilities to label_NoncurrentLiabilities_1" />
    <link:label xlink:type="resource" xlink:label="label_NoncurrentLiabilities_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NoncurrentLiabilities_2" xml:lang="en-US" id="label_NoncurrentLiabilities_2">Non-current liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentLiabilities" xlink:to="label_NoncurrentLiabilities_2" xlink:title="Label : NoncurrentLiabilities to label_NoncurrentLiabilities_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_EquityAbstract" xlink:label="EquityAbstract" xlink:title="EquityAbstract" />
    <link:label xlink:type="resource" xlink:label="label_EquityAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EquityAbstract" xml:lang="en-US" id="label_EquityAbstract">Equity [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityAbstract" xlink:to="label_EquityAbstract" xlink:title="Label : EquityAbstract to label_EquityAbstract" />
    <link:label xlink:type="resource" xlink:label="label_EquityAbstract_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_EquityAbstract_1" xml:lang="en-US" id="label_EquityAbstract_1">Equity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityAbstract" xlink:to="label_EquityAbstract_1" xlink:title="Label : EquityAbstract to label_EquityAbstract_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IssuedCapital" xlink:label="IssuedCapital" xlink:title="IssuedCapital" />
    <link:label xlink:type="resource" xlink:label="label_IssuedCapital" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IssuedCapital" xml:lang="en-US" id="label_IssuedCapital">Issued capital</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IssuedCapital" xlink:to="label_IssuedCapital" xlink:title="Label : IssuedCapital to label_IssuedCapital" />
    <link:label xlink:type="resource" xlink:label="label_IssuedCapital_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IssuedCapital_1" xml:lang="en-US" id="label_IssuedCapital_1">Share capital</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IssuedCapital" xlink:to="label_IssuedCapital_1" xlink:title="Label : IssuedCapital to label_IssuedCapital_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_EquityInstrumentsGranted" xlink:label="EquityInstrumentsGranted" xlink:title="EquityInstrumentsGranted" />
    <link:label xlink:type="resource" xlink:label="label_EquityInstrumentsGranted" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_EquityInstrumentsGranted" xml:lang="en-US" id="label_EquityInstrumentsGranted">A component of equity representing equity instrument granted.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityInstrumentsGranted" xlink:to="label_EquityInstrumentsGranted" xlink:title="Label : EquityInstrumentsGranted to label_EquityInstrumentsGranted" />
    <link:label xlink:type="resource" xlink:label="label_EquityInstrumentsGranted_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_EquityInstrumentsGranted_1" xml:lang="en-US" id="label_EquityInstrumentsGranted_1">Equity instrument granted</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityInstrumentsGranted" xlink:to="label_EquityInstrumentsGranted_1" xlink:title="Label : EquityInstrumentsGranted to label_EquityInstrumentsGranted_1" />
    <link:label xlink:type="resource" xlink:label="label_EquityInstrumentsGranted_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EquityInstrumentsGranted_2" xml:lang="en-US" id="label_EquityInstrumentsGranted_2">Equity instruments granted</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityInstrumentsGranted" xlink:to="label_EquityInstrumentsGranted_2" xlink:title="Label : EquityInstrumentsGranted to label_EquityInstrumentsGranted_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CapitalReserve" xlink:label="CapitalReserve" xlink:title="CapitalReserve" />
    <link:label xlink:type="resource" xlink:label="label_CapitalReserve" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CapitalReserve" xml:lang="en-US" id="label_CapitalReserve">Capital reserve</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalReserve" xlink:to="label_CapitalReserve" xlink:title="Label : CapitalReserve to label_CapitalReserve" />
    <link:label xlink:type="resource" xlink:label="label_CapitalReserve_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CapitalReserve_1" xml:lang="en-US" id="label_CapitalReserve_1">Capital reserve</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalReserve" xlink:to="label_CapitalReserve_1" xlink:title="Label : CapitalReserve to label_CapitalReserve_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_TreasuryShares" xlink:label="TreasuryShares" xlink:title="TreasuryShares" />
    <link:label xlink:type="resource" xlink:label="label_TreasuryShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TreasuryShares" xml:lang="en-US" id="label_TreasuryShares">Treasury shares</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TreasuryShares" xlink:to="label_TreasuryShares" xlink:title="Label : TreasuryShares to label_TreasuryShares" />
    <link:label xlink:type="resource" xlink:label="label_TreasuryShares_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_TreasuryShares_1" xml:lang="en-US" id="label_TreasuryShares_1">Treasury shares</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TreasuryShares" xlink:to="label_TreasuryShares_1" xlink:title="Label : TreasuryShares to label_TreasuryShares_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherReserves" xlink:label="OtherReserves" xlink:title="OtherReserves" />
    <link:label xlink:type="resource" xlink:label="label_OtherReserves" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherReserves" xml:lang="en-US" id="label_OtherReserves">Other reserves</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherReserves" xlink:to="label_OtherReserves" xlink:title="Label : OtherReserves to label_OtherReserves" />
    <link:label xlink:type="resource" xlink:label="label_OtherReserves_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherReserves_1" xml:lang="en-US" id="label_OtherReserves_1">Revaluation reserve on subsidiaries</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherReserves" xlink:to="label_OtherReserves_1" xlink:title="Label : OtherReserves to label_OtherReserves_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ReserveOfDiscretionaryParticipationFeatures" xlink:label="ReserveOfDiscretionaryParticipationFeatures" xlink:title="ReserveOfDiscretionaryParticipationFeatures" />
    <link:label xlink:type="resource" xlink:label="label_ReserveOfDiscretionaryParticipationFeatures" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ReserveOfDiscretionaryParticipationFeatures" xml:lang="en-US" id="label_ReserveOfDiscretionaryParticipationFeatures">Reserve of discretionary participation features</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReserveOfDiscretionaryParticipationFeatures" xlink:to="label_ReserveOfDiscretionaryParticipationFeatures" xlink:title="Label : ReserveOfDiscretionaryParticipationFeatures to label_ReserveOfDiscretionaryParticipationFeatures" />
    <link:label xlink:type="resource" xlink:label="label_ReserveOfDiscretionaryParticipationFeatures_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ReserveOfDiscretionaryParticipationFeatures_1" xml:lang="en-US" id="label_ReserveOfDiscretionaryParticipationFeatures_1">Profit reserves</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReserveOfDiscretionaryParticipationFeatures" xlink:to="label_ReserveOfDiscretionaryParticipationFeatures_1" xlink:title="Label : ReserveOfDiscretionaryParticipationFeatures to label_ReserveOfDiscretionaryParticipationFeatures_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ReserveOfExchangeDifferencesOnTranslation" xlink:label="ReserveOfExchangeDifferencesOnTranslation" xlink:title="ReserveOfExchangeDifferencesOnTranslation" />
    <link:label xlink:type="resource" xlink:label="label_ReserveOfExchangeDifferencesOnTranslation" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:title="label_ReserveOfExchangeDifferencesOnTranslation" xml:lang="en-US" id="label_ReserveOfExchangeDifferencesOnTranslation">Ending Balance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReserveOfExchangeDifferencesOnTranslation" xlink:to="label_ReserveOfExchangeDifferencesOnTranslation" xlink:title="Label : ReserveOfExchangeDifferencesOnTranslation to label_ReserveOfExchangeDifferencesOnTranslation" />
    <link:label xlink:type="resource" xlink:label="label_ReserveOfExchangeDifferencesOnTranslation_1" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:title="label_ReserveOfExchangeDifferencesOnTranslation_1" xml:lang="en-US" id="label_ReserveOfExchangeDifferencesOnTranslation_1">Beginning balance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReserveOfExchangeDifferencesOnTranslation" xlink:to="label_ReserveOfExchangeDifferencesOnTranslation_1" xlink:title="Label : ReserveOfExchangeDifferencesOnTranslation to label_ReserveOfExchangeDifferencesOnTranslation_1" />
    <link:label xlink:type="resource" xlink:label="label_ReserveOfExchangeDifferencesOnTranslation_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ReserveOfExchangeDifferencesOnTranslation_2" xml:lang="en-US" id="label_ReserveOfExchangeDifferencesOnTranslation_2">Cumulative translation adjustments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReserveOfExchangeDifferencesOnTranslation" xlink:to="label_ReserveOfExchangeDifferencesOnTranslation_2" xlink:title="Label : ReserveOfExchangeDifferencesOnTranslation to label_ReserveOfExchangeDifferencesOnTranslation_2" />
    <link:label xlink:type="resource" xlink:label="label_ReserveOfExchangeDifferencesOnTranslation_3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ReserveOfExchangeDifferencesOnTranslation_3" xml:lang="en-US" id="label_ReserveOfExchangeDifferencesOnTranslation_3">Reserve of exchange differences on translation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReserveOfExchangeDifferencesOnTranslation" xlink:to="label_ReserveOfExchangeDifferencesOnTranslation_3" xlink:title="Label : ReserveOfExchangeDifferencesOnTranslation to label_ReserveOfExchangeDifferencesOnTranslation_3" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AdditionalDividendsMinimumMandatoryDividends" xlink:label="AdditionalDividendsMinimumMandatoryDividends" xlink:title="AdditionalDividendsMinimumMandatoryDividends" />
    <link:label xlink:type="resource" xlink:label="label_AdditionalDividendsMinimumMandatoryDividends" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AdditionalDividendsMinimumMandatoryDividends" xml:lang="en-US" id="label_AdditionalDividendsMinimumMandatoryDividends">The Additional dividends to the minimum mandatory amount recognised as distributions to owners during the period.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionalDividendsMinimumMandatoryDividends" xlink:to="label_AdditionalDividendsMinimumMandatoryDividends" xlink:title="Label : AdditionalDividendsMinimumMandatoryDividends to label_AdditionalDividendsMinimumMandatoryDividends" />
    <link:label xlink:type="resource" xlink:label="label_AdditionalDividendsMinimumMandatoryDividends_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AdditionalDividendsMinimumMandatoryDividends_1" xml:lang="en-US" id="label_AdditionalDividendsMinimumMandatoryDividends_1">Additional dividends to the minimum mandatory dividends</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionalDividendsMinimumMandatoryDividends" xlink:to="label_AdditionalDividendsMinimumMandatoryDividends_1" xlink:title="Label : AdditionalDividendsMinimumMandatoryDividends to label_AdditionalDividendsMinimumMandatoryDividends_1" />
    <link:label xlink:type="resource" xlink:label="label_AdditionalDividendsMinimumMandatoryDividends_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdditionalDividendsMinimumMandatoryDividends_2" xml:lang="en-US" id="label_AdditionalDividendsMinimumMandatoryDividends_2">Additional Dividends Minimum Mandatory Dividends</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionalDividendsMinimumMandatoryDividends" xlink:to="label_AdditionalDividendsMinimumMandatoryDividends_2" xlink:title="Label : AdditionalDividendsMinimumMandatoryDividends to label_AdditionalDividendsMinimumMandatoryDividends_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ShareholdersEquityAttributableToAbstract" xlink:label="ShareholdersEquityAttributableToAbstract" xlink:title="ShareholdersEquityAttributableToAbstract" />
    <link:label xlink:type="resource" xlink:label="label_ShareholdersEquityAttributableToAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ShareholdersEquityAttributableToAbstract" xml:lang="en-US" id="label_ShareholdersEquityAttributableToAbstract">Shareholders Equity Attributable to [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShareholdersEquityAttributableToAbstract" xlink:to="label_ShareholdersEquityAttributableToAbstract" xlink:title="Label : ShareholdersEquityAttributableToAbstract to label_ShareholdersEquityAttributableToAbstract" />
    <link:label xlink:type="resource" xlink:label="label_ShareholdersEquityAttributableToAbstract_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ShareholdersEquityAttributableToAbstract_1" xml:lang="en-US" id="label_ShareholdersEquityAttributableToAbstract_1">Equity attributable to:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShareholdersEquityAttributableToAbstract" xlink:to="label_ShareholdersEquityAttributableToAbstract_1" xlink:title="Label : ShareholdersEquityAttributableToAbstract to label_ShareholdersEquityAttributableToAbstract_1" />
    <link:label xlink:type="resource" xlink:label="label_ShareholdersEquityAttributableToAbstract_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ShareholdersEquityAttributableToAbstract_2" xml:lang="en-US" id="label_ShareholdersEquityAttributableToAbstract_2">Shareholders Equity Attributable to [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShareholdersEquityAttributableToAbstract" xlink:to="label_ShareholdersEquityAttributableToAbstract_2" xlink:title="Label : ShareholdersEquityAttributableToAbstract to label_ShareholdersEquityAttributableToAbstract_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_EquityAttributableToOwnersOfParent" xlink:label="EquityAttributableToOwnersOfParent" xlink:title="EquityAttributableToOwnersOfParent" />
    <link:label xlink:type="resource" xlink:label="label_EquityAttributableToOwnersOfParent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EquityAttributableToOwnersOfParent" xml:lang="en-US" id="label_EquityAttributableToOwnersOfParent">Equity attributable to owners of parent</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityAttributableToOwnersOfParent" xlink:to="label_EquityAttributableToOwnersOfParent" xlink:title="Label : EquityAttributableToOwnersOfParent to label_EquityAttributableToOwnersOfParent" />
    <link:label xlink:type="resource" xlink:label="label_EquityAttributableToOwnersOfParent_1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_EquityAttributableToOwnersOfParent_1" xml:lang="en-US" id="label_EquityAttributableToOwnersOfParent_1">Shareholders of the Company</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityAttributableToOwnersOfParent" xlink:to="label_EquityAttributableToOwnersOfParent_1" xlink:title="Label : EquityAttributableToOwnersOfParent to label_EquityAttributableToOwnersOfParent_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncontrollingInterests" xlink:label="NoncontrollingInterests" xlink:title="NoncontrollingInterests" />
    <link:label xlink:type="resource" xlink:label="label_NoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NoncontrollingInterests" xml:lang="en-US" id="label_NoncontrollingInterests">Non-controlling interests</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncontrollingInterests" xlink:to="label_NoncontrollingInterests" xlink:title="Label : NoncontrollingInterests to label_NoncontrollingInterests" />
    <link:label xlink:type="resource" xlink:label="label_NoncontrollingInterests_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NoncontrollingInterests_1" xml:lang="en-US" id="label_NoncontrollingInterests_1">Non-controlling interests in subsidiaries</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncontrollingInterests" xlink:to="label_NoncontrollingInterests_1" xlink:title="Label : NoncontrollingInterests to label_NoncontrollingInterests_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_Equity" xlink:label="Equity" xlink:title="Equity" />
    <link:label xlink:type="resource" xlink:label="label_Equity" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_Equity" xml:lang="en-US" id="label_Equity">Equity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Equity" xlink:to="label_Equity" xlink:title="Label : Equity to label_Equity" />
    <link:label xlink:type="resource" xlink:label="label_Equity_1" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:title="label_Equity_1" xml:lang="en-US" id="label_Equity_1">Ending balance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Equity" xlink:to="label_Equity_1" xlink:title="Label : Equity to label_Equity_1" />
    <link:label xlink:type="resource" xlink:label="label_Equity_2" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:title="label_Equity_2" xml:lang="en-US" id="label_Equity_2">Beginning balance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Equity" xlink:to="label_Equity_2" xlink:title="Label : Equity to label_Equity_2" />
    <link:label xlink:type="resource" xlink:label="label_Equity_3" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_Equity_3" xml:lang="en-US" id="label_Equity_3">Total equity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Equity" xlink:to="label_Equity_3" xlink:title="Label : Equity to label_Equity_3" />
    <link:label xlink:type="resource" xlink:label="label_Equity_4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_Equity_4" xml:lang="en-US" id="label_Equity_4">Equity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Equity" xlink:to="label_Equity_4" xlink:title="Label : Equity to label_Equity_4" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_EquityAndLiabilities" xlink:label="EquityAndLiabilities" xlink:title="EquityAndLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_EquityAndLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EquityAndLiabilities" xml:lang="en-US" id="label_EquityAndLiabilities">Equity and liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityAndLiabilities" xlink:to="label_EquityAndLiabilities" xlink:title="Label : EquityAndLiabilities to label_EquityAndLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_EquityAndLiabilities_1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_EquityAndLiabilities_1" xml:lang="en-US" id="label_EquityAndLiabilities_1">Total liabilities and equity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityAndLiabilities" xlink:to="label_EquityAndLiabilities_1" xlink:title="Label : EquityAndLiabilities to label_EquityAndLiabilities_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IncomeStatementAbstract" xlink:label="IncomeStatementAbstract" xlink:title="IncomeStatementAbstract" />
    <link:label xlink:type="resource" xlink:label="label_IncomeStatementAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncomeStatementAbstract" xml:lang="en-US" id="label_IncomeStatementAbstract">Profit or loss [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeStatementAbstract" xlink:to="label_IncomeStatementAbstract" xlink:title="Label : IncomeStatementAbstract to label_IncomeStatementAbstract" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_Revenue" xlink:label="Revenue" xlink:title="Revenue" />
    <link:label xlink:type="resource" xlink:label="label_Revenue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_Revenue" xml:lang="en-US" id="label_Revenue">Revenue</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Revenue" xlink:to="label_Revenue" xlink:title="Label : Revenue to label_Revenue" />
    <link:label xlink:type="resource" xlink:label="label_Revenue_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_Revenue_1" xml:lang="en-US" id="label_Revenue_1">Net revenue from sales and services</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Revenue" xlink:to="label_Revenue_1" xlink:title="Label : Revenue to label_Revenue_1" />
    <link:label xlink:type="resource" xlink:label="label_Revenue_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_Revenue_2" xml:lang="en-US" id="label_Revenue_2">Net revenue from sales and services</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Revenue" xlink:to="label_Revenue_2" xlink:title="Label : Revenue to label_Revenue_2" />
    <link:label xlink:type="resource" xlink:label="label_Revenue_3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_Revenue_3" xml:lang="en-US" id="label_Revenue_3">Revenue</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Revenue" xlink:to="label_Revenue_3" xlink:title="Label : Revenue to label_Revenue_3" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CostOfSales" xlink:label="CostOfSales" xlink:title="CostOfSales" />
    <link:label xlink:type="resource" xlink:label="label_CostOfSales" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CostOfSales" xml:lang="en-US" id="label_CostOfSales">Cost of products and services sold</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CostOfSales" xlink:to="label_CostOfSales" xlink:title="Label : CostOfSales to label_CostOfSales" />
    <link:label xlink:type="resource" xlink:label="label_CostOfSales_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_CostOfSales_1" xml:lang="en-US" id="label_CostOfSales_1">Cost of products and services sold</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CostOfSales" xlink:to="label_CostOfSales_1" xlink:title="Label : CostOfSales to label_CostOfSales_1" />
    <link:label xlink:type="resource" xlink:label="label_CostOfSales_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CostOfSales_2" xml:lang="en-US" id="label_CostOfSales_2">Cost of sales</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CostOfSales" xlink:to="label_CostOfSales_2" xlink:title="Label : CostOfSales to label_CostOfSales_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_GrossProfit" xlink:label="GrossProfit" xlink:title="GrossProfit" />
    <link:label xlink:type="resource" xlink:label="label_GrossProfit" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_GrossProfit" xml:lang="en-US" id="label_GrossProfit">Gross profit</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossProfit" xlink:to="label_GrossProfit" xlink:title="Label : GrossProfit to label_GrossProfit" />
    <link:label xlink:type="resource" xlink:label="label_GrossProfit_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GrossProfit_1" xml:lang="en-US" id="label_GrossProfit_1">Gross profit</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossProfit" xlink:to="label_GrossProfit_1" xlink:title="Label : GrossProfit to label_GrossProfit_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_OperatingIncomeExpensesAbstract" xlink:label="OperatingIncomeExpensesAbstract" xlink:title="OperatingIncomeExpensesAbstract" />
    <link:label xlink:type="resource" xlink:label="label_OperatingIncomeExpensesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OperatingIncomeExpensesAbstract" xml:lang="en-US" id="label_OperatingIncomeExpensesAbstract">Operating Income Expenses [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingIncomeExpensesAbstract" xlink:to="label_OperatingIncomeExpensesAbstract" xlink:title="Label : OperatingIncomeExpensesAbstract to label_OperatingIncomeExpensesAbstract" />
    <link:label xlink:type="resource" xlink:label="label_OperatingIncomeExpensesAbstract_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OperatingIncomeExpensesAbstract_1" xml:lang="en-US" id="label_OperatingIncomeExpensesAbstract_1">Operating income (expenses)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingIncomeExpensesAbstract" xlink:to="label_OperatingIncomeExpensesAbstract_1" xlink:title="Label : OperatingIncomeExpensesAbstract to label_OperatingIncomeExpensesAbstract_1" />
    <link:label xlink:type="resource" xlink:label="label_OperatingIncomeExpensesAbstract_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_OperatingIncomeExpensesAbstract_2" xml:lang="en-US" id="label_OperatingIncomeExpensesAbstract_2">Operating Income Expenses [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingIncomeExpensesAbstract" xlink:to="label_OperatingIncomeExpensesAbstract_2" xlink:title="Label : OperatingIncomeExpensesAbstract to label_OperatingIncomeExpensesAbstract_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_SalesAndMarketingExpense" xlink:label="SalesAndMarketingExpense" xlink:title="SalesAndMarketingExpense" />
    <link:label xlink:type="resource" xlink:label="label_SalesAndMarketingExpense" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_SalesAndMarketingExpense" xml:lang="en-US" id="label_SalesAndMarketingExpense">Selling and marketing</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SalesAndMarketingExpense" xlink:to="label_SalesAndMarketingExpense" xlink:title="Label : SalesAndMarketingExpense to label_SalesAndMarketingExpense" />
    <link:label xlink:type="resource" xlink:label="label_SalesAndMarketingExpense_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_SalesAndMarketingExpense_1" xml:lang="en-US" id="label_SalesAndMarketingExpense_1">Selling and marketing</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SalesAndMarketingExpense" xlink:to="label_SalesAndMarketingExpense_1" xlink:title="Label : SalesAndMarketingExpense to label_SalesAndMarketingExpense_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables" xlink:label="ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables" xlink:title="ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables" />
    <link:label xlink:type="resource" xlink:label="label_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables" xml:lang="en-US" id="label_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables">Loss allowance (reversion) for expected credit losses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables" xlink:to="label_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables" xlink:title="Label : ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables to label_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables" />
    <link:label xlink:type="resource" xlink:label="label_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables_1" xml:lang="en-US" id="label_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables_1">Reversion (loss) allowance for expected credit losses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables" xlink:to="label_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables_1" xlink:title="Label : ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables to label_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_GeneralAndAdministrativeExpense" xlink:label="GeneralAndAdministrativeExpense" xlink:title="GeneralAndAdministrativeExpense" />
    <link:label xlink:type="resource" xlink:label="label_GeneralAndAdministrativeExpense" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_GeneralAndAdministrativeExpense" xml:lang="en-US" id="label_GeneralAndAdministrativeExpense">General and administrative</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GeneralAndAdministrativeExpense" xlink:to="label_GeneralAndAdministrativeExpense" xlink:title="Label : GeneralAndAdministrativeExpense to label_GeneralAndAdministrativeExpense" />
    <link:label xlink:type="resource" xlink:label="label_GeneralAndAdministrativeExpense_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GeneralAndAdministrativeExpense_1" xml:lang="en-US" id="label_GeneralAndAdministrativeExpense_1">General and administrative expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GeneralAndAdministrativeExpense" xlink:to="label_GeneralAndAdministrativeExpense_1" xlink:title="Label : GeneralAndAdministrativeExpense to label_GeneralAndAdministrativeExpense_1" />
    <link:label xlink:type="resource" xlink:label="label_GeneralAndAdministrativeExpense_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_GeneralAndAdministrativeExpense_2" xml:lang="en-US" id="label_GeneralAndAdministrativeExpense_2">General and administrative expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GeneralAndAdministrativeExpense" xlink:to="label_GeneralAndAdministrativeExpense_2" xlink:title="Label : GeneralAndAdministrativeExpense to label_GeneralAndAdministrativeExpense_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_GainsLossesOnDisposalsOfNoncurrentAssets" xlink:label="GainsLossesOnDisposalsOfNoncurrentAssets" xlink:title="GainsLossesOnDisposalsOfNoncurrentAssets" />
    <link:label xlink:type="resource" xlink:label="label_GainsLossesOnDisposalsOfNoncurrentAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_GainsLossesOnDisposalsOfNoncurrentAssets" xml:lang="en-US" id="label_GainsLossesOnDisposalsOfNoncurrentAssets">Gain (loss) on disposal of property, plant and equipment and intangibles</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainsLossesOnDisposalsOfNoncurrentAssets" xlink:to="label_GainsLossesOnDisposalsOfNoncurrentAssets" xlink:title="Label : GainsLossesOnDisposalsOfNoncurrentAssets to label_GainsLossesOnDisposalsOfNoncurrentAssets" />
    <link:label xlink:type="resource" xlink:label="label_GainsLossesOnDisposalsOfNoncurrentAssets_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GainsLossesOnDisposalsOfNoncurrentAssets_1" xml:lang="en-US" id="label_GainsLossesOnDisposalsOfNoncurrentAssets_1">Gains (losses) on disposals of non-current assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainsLossesOnDisposalsOfNoncurrentAssets" xlink:to="label_GainsLossesOnDisposalsOfNoncurrentAssets_1" xlink:title="Label : GainsLossesOnDisposalsOfNoncurrentAssets to label_GainsLossesOnDisposalsOfNoncurrentAssets_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ImpairmentLoss" xlink:label="ImpairmentLoss" xlink:title="ImpairmentLoss" />
    <link:label xlink:type="resource" xlink:label="label_ImpairmentLoss" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_ImpairmentLoss" xml:lang="en-US" id="label_ImpairmentLoss">Net impairment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ImpairmentLoss" xlink:to="label_ImpairmentLoss" xlink:title="Label : ImpairmentLoss to label_ImpairmentLoss" />
    <link:label xlink:type="resource" xlink:label="label_ImpairmentLoss_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ImpairmentLoss_1" xml:lang="en-US" id="label_ImpairmentLoss_1">Impairment loss</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ImpairmentLoss" xlink:to="label_ImpairmentLoss_1" xlink:title="Label : ImpairmentLoss to label_ImpairmentLoss_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherOperatingIncomeExpense" xlink:label="OtherOperatingIncomeExpense" xlink:title="OtherOperatingIncomeExpense" />
    <link:label xlink:type="resource" xlink:label="label_OtherOperatingIncomeExpense" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherOperatingIncomeExpense" xml:lang="en-US" id="label_OtherOperatingIncomeExpense">Costs, operating expenses and income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherOperatingIncomeExpense" xlink:to="label_OtherOperatingIncomeExpense" xlink:title="Label : OtherOperatingIncomeExpense to label_OtherOperatingIncomeExpense" />
    <link:label xlink:type="resource" xlink:label="label_OtherOperatingIncomeExpense_1" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xlink:title="label_OtherOperatingIncomeExpense_1" xml:lang="en-US" id="label_OtherOperatingIncomeExpense_1">Other operating income, net</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherOperatingIncomeExpense" xlink:to="label_OtherOperatingIncomeExpense_1" xlink:title="Label : OtherOperatingIncomeExpense to label_OtherOperatingIncomeExpense_1" />
    <link:label xlink:type="resource" xlink:label="label_OtherOperatingIncomeExpense_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherOperatingIncomeExpense_2" xml:lang="en-US" id="label_OtherOperatingIncomeExpense_2">Other operating income (expense)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherOperatingIncomeExpense" xlink:to="label_OtherOperatingIncomeExpense_2" xlink:title="Label : OtherOperatingIncomeExpense to label_OtherOperatingIncomeExpense_2" />
    <link:label xlink:type="resource" xlink:label="label_OtherOperatingIncomeExpense_3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_OtherOperatingIncomeExpense_3" xml:lang="en-US" id="label_OtherOperatingIncomeExpense_3">Other operating income, net</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherOperatingIncomeExpense" xlink:to="label_OtherOperatingIncomeExpense_3" xlink:title="Label : OtherOperatingIncomeExpense to label_OtherOperatingIncomeExpense_3" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates" xlink:label="OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates" xlink:title="OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates" />
    <link:label xlink:type="resource" xlink:label="label_OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates" xml:lang="en-US" id="label_OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates">Operating income before financial income (expenses) and share of profit (loss) of joint ventures and associates</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates" xlink:to="label_OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates" xlink:title="Label : OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates to label_OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates" />
    <link:label xlink:type="resource" xlink:label="label_OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates_1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates_1" xml:lang="en-US" id="label_OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates_1">Operating income (loss) before finance income (expenses) and share of profit (loss) of joint ventures and associates</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates" xlink:to="label_OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates_1" xlink:title="Label : OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates to label_OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates_1" />
    <link:label xlink:type="resource" xlink:label="label_OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates_2" xml:lang="en-US" id="label_OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates_2">Total of Operating income before financial income or expenses and share of profit or loss of joint ventures and associate.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates" xlink:to="label_OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates_2" xlink:title="Label : OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates to label_OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:label="ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:title="ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" />
    <link:label xlink:type="resource" xlink:label="label_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xml:lang="en-US" id="label_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod">Share of profit (loss) of associates and joint ventures accounted for using equity method</link:label>
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    <link:label xlink:type="resource" xlink:label="label_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_1" xml:lang="en-US" id="label_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_1">Share of profit (loss) of joint ventures and associates</link:label>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:to="label_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_2" xlink:title="Label : ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod to label_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_2" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes" xlink:to="label_OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes" xlink:title="Label : OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes to label_OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes" xlink:to="label_OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes_1" xlink:title="Label : OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes to label_OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes_1" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes" xlink:to="label_OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes_2" xlink:title="Label : OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes to label_OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes_2" />
    <link:label xlink:type="resource" xlink:label="label_OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes_3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes_3" xml:lang="en-US" id="label_OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes_3">Operating income before financial income (expenses) and income and social contribution taxes</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes" xlink:to="label_OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes_3" xlink:title="Label : OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes to label_OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes_3" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_FinanceIncome" xlink:label="FinanceIncome" xlink:title="FinanceIncome" />
    <link:label xlink:type="resource" xlink:label="label_FinanceIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FinanceIncome" xml:lang="en-US" id="label_FinanceIncome">Finance income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinanceIncome" xlink:to="label_FinanceIncome" xlink:title="Label : FinanceIncome to label_FinanceIncome" />
    <link:label xlink:type="resource" xlink:label="label_FinanceIncome_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_FinanceIncome_1" xml:lang="en-US" id="label_FinanceIncome_1">Finance income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinanceIncome" xlink:to="label_FinanceIncome_1" xlink:title="Label : FinanceIncome to label_FinanceIncome_1" />
    <link:label xlink:type="resource" xlink:label="label_FinanceIncome_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_FinanceIncome_2" xml:lang="en-US" id="label_FinanceIncome_2">Finance income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinanceIncome" xlink:to="label_FinanceIncome_2" xlink:title="Label : FinanceIncome to label_FinanceIncome_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_FinanceCosts" xlink:label="FinanceCosts" xlink:title="FinanceCosts" />
    <link:label xlink:type="resource" xlink:label="label_FinanceCosts" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FinanceCosts" xml:lang="en-US" id="label_FinanceCosts">Finance costs</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinanceCosts" xlink:to="label_FinanceCosts" xlink:title="Label : FinanceCosts to label_FinanceCosts" />
    <link:label xlink:type="resource" xlink:label="label_FinanceCosts_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_FinanceCosts_1" xml:lang="en-US" id="label_FinanceCosts_1">Finance expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinanceCosts" xlink:to="label_FinanceCosts_1" xlink:title="Label : FinanceCosts to label_FinanceCosts_1" />
    <link:label xlink:type="resource" xlink:label="label_FinanceCosts_2" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:title="label_FinanceCosts_2" xml:lang="en-US" id="label_FinanceCosts_2">Finance expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinanceCosts" xlink:to="label_FinanceCosts_2" xlink:title="Label : FinanceCosts to label_FinanceCosts_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_FinanceIncomeCost" xlink:label="FinanceIncomeCost" xlink:title="FinanceIncomeCost" />
    <link:label xlink:type="resource" xlink:label="label_FinanceIncomeCost" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FinanceIncomeCost" xml:lang="en-US" id="label_FinanceIncomeCost">Finance income (cost)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinanceIncomeCost" xlink:to="label_FinanceIncomeCost" xlink:title="Label : FinanceIncomeCost to label_FinanceIncomeCost" />
    <link:label xlink:type="resource" xlink:label="label_FinanceIncomeCost_1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_FinanceIncomeCost_1" xml:lang="en-US" id="label_FinanceIncomeCost_1">Financial result, net</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinanceIncomeCost" xlink:to="label_FinanceIncomeCost_1" xlink:title="Label : FinanceIncomeCost to label_FinanceIncomeCost_1" />
    <link:label xlink:type="resource" xlink:label="label_FinanceIncomeCost_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_FinanceIncomeCost_2" xml:lang="en-US" id="label_FinanceIncomeCost_2">Financial income (expense)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinanceIncomeCost" xlink:to="label_FinanceIncomeCost_2" xlink:title="Label : FinanceIncomeCost to label_FinanceIncomeCost_2" />
    <link:label xlink:type="resource" xlink:label="label_FinanceIncomeCost_3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_FinanceIncomeCost_3" xml:lang="en-US" id="label_FinanceIncomeCost_3">Financial result, net</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinanceIncomeCost" xlink:to="label_FinanceIncomeCost_3" xlink:title="Label : FinanceIncomeCost to label_FinanceIncomeCost_3" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ProfitLossBeforeTax" xlink:label="ProfitLossBeforeTax" xlink:title="ProfitLossBeforeTax" />
    <link:label xlink:type="resource" xlink:label="label_ProfitLossBeforeTax" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ProfitLossBeforeTax" xml:lang="en-US" id="label_ProfitLossBeforeTax">Income before taxes</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitLossBeforeTax" xlink:to="label_ProfitLossBeforeTax" xlink:title="Label : ProfitLossBeforeTax to label_ProfitLossBeforeTax" />
    <link:label xlink:type="resource" xlink:label="label_ProfitLossBeforeTax_1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_ProfitLossBeforeTax_1" xml:lang="en-US" id="label_ProfitLossBeforeTax_1">Profit before income and social contribution taxes</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitLossBeforeTax" xlink:to="label_ProfitLossBeforeTax_1" xlink:title="Label : ProfitLossBeforeTax to label_ProfitLossBeforeTax_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_MajorComponentsOfTaxExpenseIncomeAbstract" xlink:label="MajorComponentsOfTaxExpenseIncomeAbstract" xlink:title="MajorComponentsOfTaxExpenseIncomeAbstract" />
    <link:label xlink:type="resource" xlink:label="label_MajorComponentsOfTaxExpenseIncomeAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MajorComponentsOfTaxExpenseIncomeAbstract" xml:lang="en-US" id="label_MajorComponentsOfTaxExpenseIncomeAbstract">Major components of tax expense (income) [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MajorComponentsOfTaxExpenseIncomeAbstract" xlink:to="label_MajorComponentsOfTaxExpenseIncomeAbstract" xlink:title="Label : MajorComponentsOfTaxExpenseIncomeAbstract to label_MajorComponentsOfTaxExpenseIncomeAbstract" />
    <link:label xlink:type="resource" xlink:label="label_MajorComponentsOfTaxExpenseIncomeAbstract_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_MajorComponentsOfTaxExpenseIncomeAbstract_1" xml:lang="en-US" id="label_MajorComponentsOfTaxExpenseIncomeAbstract_1">Income and social contribution taxes</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MajorComponentsOfTaxExpenseIncomeAbstract" xlink:to="label_MajorComponentsOfTaxExpenseIncomeAbstract_1" xlink:title="Label : MajorComponentsOfTaxExpenseIncomeAbstract to label_MajorComponentsOfTaxExpenseIncomeAbstract_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentTaxExpenseIncome" xlink:label="CurrentTaxExpenseIncome" xlink:title="CurrentTaxExpenseIncome" />
    <link:label xlink:type="resource" xlink:label="label_CurrentTaxExpenseIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurrentTaxExpenseIncome" xml:lang="en-US" id="label_CurrentTaxExpenseIncome">Current tax expense (income)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentTaxExpenseIncome" xlink:to="label_CurrentTaxExpenseIncome" xlink:title="Label : CurrentTaxExpenseIncome to label_CurrentTaxExpenseIncome" />
    <link:label xlink:type="resource" xlink:label="label_CurrentTaxExpenseIncome_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_CurrentTaxExpenseIncome_1" xml:lang="en-US" id="label_CurrentTaxExpenseIncome_1">Current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentTaxExpenseIncome" xlink:to="label_CurrentTaxExpenseIncome_1" xlink:title="Label : CurrentTaxExpenseIncome to label_CurrentTaxExpenseIncome_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DeferredTaxExpenseIncome" xlink:label="DeferredTaxExpenseIncome" xlink:title="DeferredTaxExpenseIncome" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredTaxExpenseIncome" xlink:to="label_DeferredTaxExpenseIncome" xlink:title="Label : DeferredTaxExpenseIncome to label_DeferredTaxExpenseIncome" />
    <link:label xlink:type="resource" xlink:label="label_DeferredTaxExpenseIncome_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_DeferredTaxExpenseIncome_1" xml:lang="en-US" id="label_DeferredTaxExpenseIncome_1">Deferred</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredTaxExpenseIncome" xlink:to="label_DeferredTaxExpenseIncome_1" xlink:title="Label : DeferredTaxExpenseIncome to label_DeferredTaxExpenseIncome_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:label="IncomeTaxExpenseContinuingOperations" xlink:title="IncomeTaxExpenseContinuingOperations" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeTaxExpenseContinuingOperations" xlink:to="label_IncomeTaxExpenseContinuingOperations" xlink:title="Label : IncomeTaxExpenseContinuingOperations to label_IncomeTaxExpenseContinuingOperations" />
    <link:label xlink:type="resource" xlink:label="label_IncomeTaxExpenseContinuingOperations_1" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:title="label_IncomeTaxExpenseContinuingOperations_1" xml:lang="en-US" id="label_IncomeTaxExpenseContinuingOperations_1">Income and social contribution taxes, total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeTaxExpenseContinuingOperations" xlink:to="label_IncomeTaxExpenseContinuingOperations_1" xlink:title="Label : IncomeTaxExpenseContinuingOperations to label_IncomeTaxExpenseContinuingOperations_1" />
    <link:label xlink:type="resource" xlink:label="label_RightofuseAssets_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_RightofuseAssets_2" xml:lang="en-US" id="label_RightofuseAssets_2">Right-of-use assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RightofuseAssets" xlink:to="label_RightofuseAssets_2" xlink:title="Label : RightofuseAssets to label_RightofuseAssets_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ProfitLoss" xlink:label="ProfitLoss" xlink:title="ProfitLoss" />
    <link:label xlink:type="resource" xlink:label="label_ProfitLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ProfitLoss" xml:lang="en-US" id="label_ProfitLoss">Profit from continuing operations</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitLoss" xlink:to="label_ProfitLoss" xlink:title="Label : ProfitLoss to label_ProfitLoss" />
    <link:label xlink:type="resource" xlink:label="label_ProfitLoss_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_ProfitLoss_1" xml:lang="en-US" id="label_ProfitLoss_1">Net income for the year</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitLoss" xlink:to="label_ProfitLoss_1" xlink:title="Label : ProfitLoss to label_ProfitLoss_1" />
    <link:label xlink:type="resource" xlink:label="label_ProfitLoss_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_ProfitLoss_2" xml:lang="en-US" id="label_ProfitLoss_2">Profit for the year</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitLoss" xlink:to="label_ProfitLoss_2" xlink:title="Label : ProfitLoss to label_ProfitLoss_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ProfitLossAttributableToAbstract" xlink:label="ProfitLossAttributableToAbstract" xlink:title="ProfitLossAttributableToAbstract" />
    <link:label xlink:type="resource" xlink:label="label_ProfitLossAttributableToAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ProfitLossAttributableToAbstract" xml:lang="en-US" id="label_ProfitLossAttributableToAbstract">Income attributable to:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitLossAttributableToAbstract" xlink:to="label_ProfitLossAttributableToAbstract" xlink:title="Label : ProfitLossAttributableToAbstract to label_ProfitLossAttributableToAbstract" />
    <link:label xlink:type="resource" xlink:label="label_ProfitLossAttributableToAbstract_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ProfitLossAttributableToAbstract_1" xml:lang="en-US" id="label_ProfitLossAttributableToAbstract_1">Profit (loss), attributable to [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitLossAttributableToAbstract" xlink:to="label_ProfitLossAttributableToAbstract_1" xlink:title="Label : ProfitLossAttributableToAbstract to label_ProfitLossAttributableToAbstract_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ProfitLossAttributableToOwnersOfParent" xlink:label="ProfitLossAttributableToOwnersOfParent" xlink:title="ProfitLossAttributableToOwnersOfParent" />
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    <link:label xlink:type="resource" xlink:label="label_EquityMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EquityMember" xml:lang="en-US" id="label_EquityMember">Equity [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityMember" xlink:to="label_EquityMember" xlink:title="Label : EquityMember to label_EquityMember" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IssuedCapitalMember" xlink:label="IssuedCapitalMember" xlink:title="IssuedCapitalMember" />
    <link:label xlink:type="resource" xlink:label="label_IssuedCapitalMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IssuedCapitalMember" xml:lang="en-US" id="label_IssuedCapitalMember">Share capital</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IssuedCapitalMember" xlink:to="label_IssuedCapitalMember" xlink:title="Label : IssuedCapitalMember to label_IssuedCapitalMember" />
    <link:label xlink:type="resource" xlink:label="label_IssuedCapitalMember_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IssuedCapitalMember_1" xml:lang="en-US" id="label_IssuedCapitalMember_1">Issued capital [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IssuedCapitalMember" xlink:to="label_IssuedCapitalMember_1" xlink:title="Label : IssuedCapitalMember to label_IssuedCapitalMember_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_EquityInstrumentGrantedMember" xlink:label="EquityInstrumentGrantedMember" xlink:title="EquityInstrumentGrantedMember" />
    <link:label xlink:type="resource" xlink:label="label_EquityInstrumentGrantedMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EquityInstrumentGrantedMember" xml:lang="en-US" id="label_EquityInstrumentGrantedMember">Equity instrument granted [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityInstrumentGrantedMember" xlink:to="label_EquityInstrumentGrantedMember" xlink:title="Label : EquityInstrumentGrantedMember to label_EquityInstrumentGrantedMember" />
    <link:label xlink:type="resource" xlink:label="label_EquityInstrumentGrantedMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_EquityInstrumentGrantedMember_1" xml:lang="en-US" id="label_EquityInstrumentGrantedMember_1">Equity instrument granted</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityInstrumentGrantedMember" xlink:to="label_EquityInstrumentGrantedMember_1" xlink:title="Label : EquityInstrumentGrantedMember to label_EquityInstrumentGrantedMember_1" />
    <link:label xlink:type="resource" xlink:label="label_EquityInstrumentGrantedMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_EquityInstrumentGrantedMember_2" xml:lang="en-US" id="label_EquityInstrumentGrantedMember_2">The member stands for equity instrument granted.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityInstrumentGrantedMember" xlink:to="label_EquityInstrumentGrantedMember_2" xlink:title="Label : EquityInstrumentGrantedMember to label_EquityInstrumentGrantedMember_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CapitalReserveMember" xlink:label="CapitalReserveMember" xlink:title="CapitalReserveMember" />
    <link:label xlink:type="resource" xlink:label="label_CapitalReserveMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CapitalReserveMember" xml:lang="en-US" id="label_CapitalReserveMember">Capital reserve</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalReserveMember" xlink:to="label_CapitalReserveMember" xlink:title="Label : CapitalReserveMember to label_CapitalReserveMember" />
    <link:label xlink:type="resource" xlink:label="label_CapitalReserveMember_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CapitalReserveMember_1" xml:lang="en-US" id="label_CapitalReserveMember_1">Capital reserve [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalReserveMember" xlink:to="label_CapitalReserveMember_1" xlink:title="Label : CapitalReserveMember to label_CapitalReserveMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_TreasurySharesMember" xlink:label="TreasurySharesMember" xlink:title="TreasurySharesMember" />
    <link:label xlink:type="resource" xlink:label="label_TreasurySharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TreasurySharesMember" xml:lang="en-US" id="label_TreasurySharesMember">Treasury shares [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TreasurySharesMember" xlink:to="label_TreasurySharesMember" xlink:title="Label : TreasurySharesMember to label_TreasurySharesMember" />
    <link:label xlink:type="resource" xlink:label="label_TreasurySharesMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TreasurySharesMember_1" xml:lang="en-US" id="label_TreasurySharesMember_1">Treasury shares</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TreasurySharesMember" xlink:to="label_TreasurySharesMember_1" xlink:title="Label : TreasurySharesMember to label_TreasurySharesMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RevaluationSurplusMember" xlink:label="RevaluationSurplusMember" xlink:title="RevaluationSurplusMember" />
    <link:label xlink:type="resource" xlink:label="label_RevaluationSurplusMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RevaluationSurplusMember" xml:lang="en-US" id="label_RevaluationSurplusMember">Revaluation surplus [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevaluationSurplusMember" xlink:to="label_RevaluationSurplusMember" xlink:title="Label : RevaluationSurplusMember to label_RevaluationSurplusMember" />
    <link:label xlink:type="resource" xlink:label="label_RevaluationSurplusMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_RevaluationSurplusMember_1" xml:lang="en-US" id="label_RevaluationSurplusMember_1">Revaluation reserve on subsidiaries</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevaluationSurplusMember" xlink:to="label_RevaluationSurplusMember_1" xlink:title="Label : RevaluationSurplusMember to label_RevaluationSurplusMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_StatutoryReserveMember" xlink:label="StatutoryReserveMember" xlink:title="StatutoryReserveMember" />
    <link:label xlink:type="resource" xlink:label="label_StatutoryReserveMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_StatutoryReserveMember" xml:lang="en-US" id="label_StatutoryReserveMember">Statutory reserve [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StatutoryReserveMember" xlink:to="label_StatutoryReserveMember" xlink:title="Label : StatutoryReserveMember to label_StatutoryReserveMember" />
    <link:label xlink:type="resource" xlink:label="label_StatutoryReserveMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_StatutoryReserveMember_1" xml:lang="en-US" id="label_StatutoryReserveMember_1">Legal Reserves</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StatutoryReserveMember" xlink:to="label_StatutoryReserveMember_1" xlink:title="Label : StatutoryReserveMember to label_StatutoryReserveMember_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_InvestmentsStatutoryReserveMember" xlink:label="InvestmentsStatutoryReserveMember" xlink:title="InvestmentsStatutoryReserveMember" />
    <link:label xlink:type="resource" xlink:label="label_InvestmentsStatutoryReserveMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_InvestmentsStatutoryReserveMember" xml:lang="en-US" id="label_InvestmentsStatutoryReserveMember">This member stands for a component of equity representing investments statutory reserve.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentsStatutoryReserveMember" xlink:to="label_InvestmentsStatutoryReserveMember" xlink:title="Label : InvestmentsStatutoryReserveMember to label_InvestmentsStatutoryReserveMember" />
    <link:label xlink:type="resource" xlink:label="label_InvestmentsStatutoryReserveMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_InvestmentsStatutoryReserveMember_1" xml:lang="en-US" id="label_InvestmentsStatutoryReserveMember_1">Investments statutory reserve</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentsStatutoryReserveMember" xlink:to="label_InvestmentsStatutoryReserveMember_1" xlink:title="Label : InvestmentsStatutoryReserveMember to label_InvestmentsStatutoryReserveMember_1" />
    <link:label xlink:type="resource" xlink:label="label_InvestmentsStatutoryReserveMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_InvestmentsStatutoryReserveMember_2" xml:lang="en-US" id="label_InvestmentsStatutoryReserveMember_2">Investments statutory reserve [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentsStatutoryReserveMember" xlink:to="label_InvestmentsStatutoryReserveMember_2" xlink:title="Label : InvestmentsStatutoryReserveMember to label_InvestmentsStatutoryReserveMember_2" />
    <link:label xlink:type="resource" xlink:label="label_InvestmentsStatutoryReserveMember_3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_InvestmentsStatutoryReserveMember_3" xml:lang="en-US" id="label_InvestmentsStatutoryReserveMember_3">Investments reserve [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentsStatutoryReserveMember" xlink:to="label_InvestmentsStatutoryReserveMember_3" xlink:title="Label : InvestmentsStatutoryReserveMember to label_InvestmentsStatutoryReserveMember_3" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ValuationAdjustmentsMember" xlink:label="ValuationAdjustmentsMember" xlink:title="ValuationAdjustmentsMember" />
    <link:label xlink:type="resource" xlink:label="label_ValuationAdjustmentsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ValuationAdjustmentsMember" xml:lang="en-US" id="label_ValuationAdjustmentsMember">This member stands for a component of equity representing valuation adjustments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ValuationAdjustmentsMember" xlink:to="label_ValuationAdjustmentsMember" xlink:title="Label : ValuationAdjustmentsMember to label_ValuationAdjustmentsMember" />
    <link:label xlink:type="resource" xlink:label="label_ValuationAdjustmentsMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ValuationAdjustmentsMember_1" xml:lang="en-US" id="label_ValuationAdjustmentsMember_1">Valuation Adjustments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ValuationAdjustmentsMember" xlink:to="label_ValuationAdjustmentsMember_1" xlink:title="Label : ValuationAdjustmentsMember to label_ValuationAdjustmentsMember_1" />
    <link:label xlink:type="resource" xlink:label="label_ValuationAdjustmentsMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ValuationAdjustmentsMember_2" xml:lang="en-US" id="label_ValuationAdjustmentsMember_2">Valuation Adjustments [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ValuationAdjustmentsMember" xlink:to="label_ValuationAdjustmentsMember_2" xlink:title="Label : ValuationAdjustmentsMember to label_ValuationAdjustmentsMember_2" />
    <link:label xlink:type="resource" xlink:label="label_ValuationAdjustmentsMember_3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_ValuationAdjustmentsMember_3" xml:lang="en-US" id="label_ValuationAdjustmentsMember_3">Total [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ValuationAdjustmentsMember" xlink:to="label_ValuationAdjustmentsMember_3" xlink:title="Label : ValuationAdjustmentsMember to label_ValuationAdjustmentsMember_3" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember" xlink:label="ReserveOfExchangeDifferencesOnTranslationMember" xlink:title="ReserveOfExchangeDifferencesOnTranslationMember" />
    <link:label xlink:type="resource" xlink:label="label_ReserveOfExchangeDifferencesOnTranslationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ReserveOfExchangeDifferencesOnTranslationMember" xml:lang="en-US" id="label_ReserveOfExchangeDifferencesOnTranslationMember">Reserve of exchange differences on translation [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReserveOfExchangeDifferencesOnTranslationMember" xlink:to="label_ReserveOfExchangeDifferencesOnTranslationMember" xlink:title="Label : ReserveOfExchangeDifferencesOnTranslationMember to label_ReserveOfExchangeDifferencesOnTranslationMember" />
    <link:label xlink:type="resource" xlink:label="label_ReserveOfExchangeDifferencesOnTranslationMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ReserveOfExchangeDifferencesOnTranslationMember_1" xml:lang="en-US" id="label_ReserveOfExchangeDifferencesOnTranslationMember_1">Cumulative translation adjustments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReserveOfExchangeDifferencesOnTranslationMember" xlink:to="label_ReserveOfExchangeDifferencesOnTranslationMember_1" xlink:title="Label : ReserveOfExchangeDifferencesOnTranslationMember to label_ReserveOfExchangeDifferencesOnTranslationMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RetainedEarningsMember" xlink:label="RetainedEarningsMember" xlink:title="RetainedEarningsMember" />
    <link:label xlink:type="resource" xlink:label="label_RetainedEarningsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_RetainedEarningsMember" xml:lang="en-US" id="label_RetainedEarningsMember">Retained earnings</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RetainedEarningsMember" xlink:to="label_RetainedEarningsMember" xlink:title="Label : RetainedEarningsMember to label_RetainedEarningsMember" />
    <link:label xlink:type="resource" xlink:label="label_RetainedEarningsMember_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RetainedEarningsMember_1" xml:lang="en-US" id="label_RetainedEarningsMember_1">Retained earnings [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RetainedEarningsMember" xlink:to="label_RetainedEarningsMember_1" xlink:title="Label : RetainedEarningsMember to label_RetainedEarningsMember_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AdditionalDividendsMember" xlink:label="AdditionalDividendsMember" xlink:title="AdditionalDividendsMember" />
    <link:label xlink:type="resource" xlink:label="label_AdditionalDividendsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AdditionalDividendsMember" xml:lang="en-US" id="label_AdditionalDividendsMember">This member stands for a component of equity representing additional dividends to the minimum mandatory dividend.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionalDividendsMember" xlink:to="label_AdditionalDividendsMember" xlink:title="Label : AdditionalDividendsMember to label_AdditionalDividendsMember" />
    <link:label xlink:type="resource" xlink:label="label_AdditionalDividendsMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AdditionalDividendsMember_1" xml:lang="en-US" id="label_AdditionalDividendsMember_1">Additional dividends to the minimum mandatory dividends</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionalDividendsMember" xlink:to="label_AdditionalDividendsMember_1" xlink:title="Label : AdditionalDividendsMember to label_AdditionalDividendsMember_1" />
    <link:label xlink:type="resource" xlink:label="label_AdditionalDividendsMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdditionalDividendsMember_2" xml:lang="en-US" id="label_AdditionalDividendsMember_2">Additional Dividends [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionalDividendsMember" xlink:to="label_AdditionalDividendsMember_2" xlink:title="Label : AdditionalDividendsMember to label_AdditionalDividendsMember_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_EquityAttributableToOwnersOfParentMember" xlink:label="EquityAttributableToOwnersOfParentMember" xlink:title="EquityAttributableToOwnersOfParentMember" />
    <link:label xlink:type="resource" xlink:label="label_EquityAttributableToOwnersOfParentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EquityAttributableToOwnersOfParentMember" xml:lang="en-US" id="label_EquityAttributableToOwnersOfParentMember">Equity attributable to owners of parent [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityAttributableToOwnersOfParentMember" xlink:to="label_EquityAttributableToOwnersOfParentMember" xlink:title="Label : EquityAttributableToOwnersOfParentMember to label_EquityAttributableToOwnersOfParentMember" />
    <link:label xlink:type="resource" xlink:label="label_EquityAttributableToOwnersOfParentMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_EquityAttributableToOwnersOfParentMember_1" xml:lang="en-US" id="label_EquityAttributableToOwnersOfParentMember_1">Shareholders of the Company</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityAttributableToOwnersOfParentMember" xlink:to="label_EquityAttributableToOwnersOfParentMember_1" xlink:title="Label : EquityAttributableToOwnersOfParentMember to label_EquityAttributableToOwnersOfParentMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncontrollingInterestsMember" xlink:label="NoncontrollingInterestsMember" xlink:title="NoncontrollingInterestsMember" />
    <link:label xlink:type="resource" xlink:label="label_NoncontrollingInterestsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NoncontrollingInterestsMember" xml:lang="en-US" id="label_NoncontrollingInterestsMember">Non-controlling interests [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncontrollingInterestsMember" xlink:to="label_NoncontrollingInterestsMember" xlink:title="Label : NoncontrollingInterestsMember to label_NoncontrollingInterestsMember" />
    <link:label xlink:type="resource" xlink:label="label_NoncontrollingInterestsMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NoncontrollingInterestsMember_1" xml:lang="en-US" id="label_NoncontrollingInterestsMember_1">Non-controlling interests in subsidiaries</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncontrollingInterestsMember" xlink:to="label_NoncontrollingInterestsMember_1" xlink:title="Label : NoncontrollingInterestsMember to label_NoncontrollingInterestsMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_StatementOfChangesInEquityLineItems" xlink:label="StatementOfChangesInEquityLineItems" xlink:title="StatementOfChangesInEquityLineItems" />
    <link:label xlink:type="resource" xlink:label="label_StatementOfChangesInEquityLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_StatementOfChangesInEquityLineItems" xml:lang="en-US" id="label_StatementOfChangesInEquityLineItems">Statement of changes in equity [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StatementOfChangesInEquityLineItems" xlink:to="label_StatementOfChangesInEquityLineItems" xlink:title="Label : StatementOfChangesInEquityLineItems to label_StatementOfChangesInEquityLineItems" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherComprehensiveIncomeAbstract" xlink:label="OtherComprehensiveIncomeAbstract" xlink:title="OtherComprehensiveIncomeAbstract" />
    <link:label xlink:type="resource" xlink:label="label_OtherComprehensiveIncomeAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherComprehensiveIncomeAbstract" xml:lang="en-US" id="label_OtherComprehensiveIncomeAbstract">Other comprehensive income [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeAbstract" xlink:to="label_OtherComprehensiveIncomeAbstract" xlink:title="Label : OtherComprehensiveIncomeAbstract to label_OtherComprehensiveIncomeAbstract" />
    <link:label xlink:type="resource" xlink:label="label_OtherComprehensiveIncomeAbstract_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherComprehensiveIncomeAbstract_1" xml:lang="en-US" id="label_OtherComprehensiveIncomeAbstract_1">Other comprehensive income:</link:label>
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IncreaseDecreaseThroughTransferToStatutoryReserve" xlink:label="IncreaseDecreaseThroughTransferToStatutoryReserve" xlink:title="IncreaseDecreaseThroughTransferToStatutoryReserve" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughTransferToStatutoryReserve" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IncreaseDecreaseThroughTransferToStatutoryReserve" xml:lang="en-US" id="label_IncreaseDecreaseThroughTransferToStatutoryReserve">Transfer to investments reserve</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughTransferToStatutoryReserve" xlink:to="label_IncreaseDecreaseThroughTransferToStatutoryReserve" xlink:title="Label : IncreaseDecreaseThroughTransferToStatutoryReserve to label_IncreaseDecreaseThroughTransferToStatutoryReserve" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughTransferToStatutoryReserve_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseDecreaseThroughTransferToStatutoryReserve_1" xml:lang="en-US" id="label_IncreaseDecreaseThroughTransferToStatutoryReserve_1">Increase (decrease) through transfer to statutory reserve, equity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughTransferToStatutoryReserve" xlink:to="label_IncreaseDecreaseThroughTransferToStatutoryReserve_1" xlink:title="Label : IncreaseDecreaseThroughTransferToStatutoryReserve to label_IncreaseDecreaseThroughTransferToStatutoryReserve_1" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughTransferToStatutoryReserve" xlink:to="label_IncreaseDecreaseThroughTransferToStatutoryReserve_2" xlink:title="Label : IncreaseDecreaseThroughTransferToStatutoryReserve to label_IncreaseDecreaseThroughTransferToStatutoryReserve_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_IncreaseDecreaseThroughShareholderTransactionChangesOfInvestments" xlink:label="IncreaseDecreaseThroughShareholderTransactionChangesOfInvestments" xlink:title="IncreaseDecreaseThroughShareholderTransactionChangesOfInvestments" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughShareholderTransactionChangesOfInvestments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseDecreaseThroughShareholderTransactionChangesOfInvestments" xml:lang="en-US" id="label_IncreaseDecreaseThroughShareholderTransactionChangesOfInvestments">Increase (decrease) through shareholder transaction - changes of investments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughShareholderTransactionChangesOfInvestments" xlink:to="label_IncreaseDecreaseThroughShareholderTransactionChangesOfInvestments" xlink:title="Label : IncreaseDecreaseThroughShareholderTransactionChangesOfInvestments to label_IncreaseDecreaseThroughShareholderTransactionChangesOfInvestments" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughShareholderTransactionChangesOfInvestments" xlink:to="label_IncreaseDecreaseThroughShareholderTransactionChangesOfInvestments_1" xlink:title="Label : IncreaseDecreaseThroughShareholderTransactionChangesOfInvestments to label_IncreaseDecreaseThroughShareholderTransactionChangesOfInvestments_1" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughShareholderTransactionChangesOfInvestments_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IncreaseDecreaseThroughShareholderTransactionChangesOfInvestments_2" xml:lang="en-US" id="label_IncreaseDecreaseThroughShareholderTransactionChangesOfInvestments_2">Shareholder transaction &#x2013; changes of investments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughShareholderTransactionChangesOfInvestments" xlink:to="label_IncreaseDecreaseThroughShareholderTransactionChangesOfInvestments_2" xlink:title="Label : IncreaseDecreaseThroughShareholderTransactionChangesOfInvestments to label_IncreaseDecreaseThroughShareholderTransactionChangesOfInvestments_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DividendsRecognisedAsDistributionsToNoncontrollingInterests" xlink:label="DividendsRecognisedAsDistributionsToNoncontrollingInterests" xlink:title="DividendsRecognisedAsDistributionsToNoncontrollingInterests" />
    <link:label xlink:type="resource" xlink:label="label_DividendsRecognisedAsDistributionsToNoncontrollingInterests" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_DividendsRecognisedAsDistributionsToNoncontrollingInterests" xml:lang="en-US" id="label_DividendsRecognisedAsDistributionsToNoncontrollingInterests">Dividends attributable to non-controlling interests</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DividendsRecognisedAsDistributionsToNoncontrollingInterests" xlink:to="label_DividendsRecognisedAsDistributionsToNoncontrollingInterests" xlink:title="Label : DividendsRecognisedAsDistributionsToNoncontrollingInterests to label_DividendsRecognisedAsDistributionsToNoncontrollingInterests" />
    <link:label xlink:type="resource" xlink:label="label_DividendsRecognisedAsDistributionsToNoncontrollingInterests_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DividendsRecognisedAsDistributionsToNoncontrollingInterests_1" xml:lang="en-US" id="label_DividendsRecognisedAsDistributionsToNoncontrollingInterests_1">Dividends recognised as distributions to non-controlling interests</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DividendsRecognisedAsDistributionsToNoncontrollingInterests" xlink:to="label_DividendsRecognisedAsDistributionsToNoncontrollingInterests_1" xlink:title="Label : DividendsRecognisedAsDistributionsToNoncontrollingInterests to label_DividendsRecognisedAsDistributionsToNoncontrollingInterests_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IncreaseDecreaseThroughDisposalOfSubsidiary" xlink:label="IncreaseDecreaseThroughDisposalOfSubsidiary" xlink:title="IncreaseDecreaseThroughDisposalOfSubsidiary" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughDisposalOfSubsidiary" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseDecreaseThroughDisposalOfSubsidiary" xml:lang="en-US" id="label_IncreaseDecreaseThroughDisposalOfSubsidiary">Increase (decrease) through disposal of subsidiary, equity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughDisposalOfSubsidiary" xlink:to="label_IncreaseDecreaseThroughDisposalOfSubsidiary" xlink:title="Label : IncreaseDecreaseThroughDisposalOfSubsidiary to label_IncreaseDecreaseThroughDisposalOfSubsidiary" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughDisposalOfSubsidiary_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IncreaseDecreaseThroughDisposalOfSubsidiary_1" xml:lang="en-US" id="label_IncreaseDecreaseThroughDisposalOfSubsidiary_1">Redemption of non-controlling shares of Oxiteno Nordeste</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughDisposalOfSubsidiary" xlink:to="label_IncreaseDecreaseThroughDisposalOfSubsidiary_1" xlink:title="Label : IncreaseDecreaseThroughDisposalOfSubsidiary to label_IncreaseDecreaseThroughDisposalOfSubsidiary_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_IncreaseDecreaseThroughCapitalIncreaseFromSubsidiaryNoncontrollingShareholders" xlink:label="IncreaseDecreaseThroughCapitalIncreaseFromSubsidiaryNoncontrollingShareholders" xlink:title="IncreaseDecreaseThroughCapitalIncreaseFromSubsidiaryNoncontrollingShareholders" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughCapitalIncreaseFromSubsidiaryNoncontrollingShareholders" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_IncreaseDecreaseThroughCapitalIncreaseFromSubsidiaryNoncontrollingShareholders" xml:lang="en-US" id="label_IncreaseDecreaseThroughCapitalIncreaseFromSubsidiaryNoncontrollingShareholders">The increase (decrease) in equity resulting from capital increase from subsidiary non-controlling shareholders.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughCapitalIncreaseFromSubsidiaryNoncontrollingShareholders" xlink:to="label_IncreaseDecreaseThroughCapitalIncreaseFromSubsidiaryNoncontrollingShareholders" xlink:title="Label : IncreaseDecreaseThroughCapitalIncreaseFromSubsidiaryNoncontrollingShareholders to label_IncreaseDecreaseThroughCapitalIncreaseFromSubsidiaryNoncontrollingShareholders" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughCapitalIncreaseFromSubsidiaryNoncontrollingShareholders_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IncreaseDecreaseThroughCapitalIncreaseFromSubsidiaryNoncontrollingShareholders_1" xml:lang="en-US" id="label_IncreaseDecreaseThroughCapitalIncreaseFromSubsidiaryNoncontrollingShareholders_1">Capital increase from Iconic non-controlling shareholders</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughCapitalIncreaseFromSubsidiaryNoncontrollingShareholders" xlink:to="label_IncreaseDecreaseThroughCapitalIncreaseFromSubsidiaryNoncontrollingShareholders_1" xlink:title="Label : IncreaseDecreaseThroughCapitalIncreaseFromSubsidiaryNoncontrollingShareholders to label_IncreaseDecreaseThroughCapitalIncreaseFromSubsidiaryNoncontrollingShareholders_1" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughCapitalIncreaseFromSubsidiaryNoncontrollingShareholders_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseDecreaseThroughCapitalIncreaseFromSubsidiaryNoncontrollingShareholders_2" xml:lang="en-US" id="label_IncreaseDecreaseThroughCapitalIncreaseFromSubsidiaryNoncontrollingShareholders_2">Increase (Decrease) Through Capital Increase from Subsidiary Noncontrolling Shareholders</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughCapitalIncreaseFromSubsidiaryNoncontrollingShareholders" xlink:to="label_IncreaseDecreaseThroughCapitalIncreaseFromSubsidiaryNoncontrollingShareholders_2" xlink:title="Label : IncreaseDecreaseThroughCapitalIncreaseFromSubsidiaryNoncontrollingShareholders to label_IncreaseDecreaseThroughCapitalIncreaseFromSubsidiaryNoncontrollingShareholders_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DividendsRecognisedAsDistributionsToOwnersOfParent" xlink:label="DividendsRecognisedAsDistributionsToOwnersOfParent" xlink:title="DividendsRecognisedAsDistributionsToOwnersOfParent" />
    <link:label xlink:type="resource" xlink:label="label_DividendsRecognisedAsDistributionsToOwnersOfParent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DividendsRecognisedAsDistributionsToOwnersOfParent" xml:lang="en-US" id="label_DividendsRecognisedAsDistributionsToOwnersOfParent">Dividends recognised as distributions to owners of parent</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DividendsRecognisedAsDistributionsToOwnersOfParent" xlink:to="label_DividendsRecognisedAsDistributionsToOwnersOfParent" xlink:title="Label : DividendsRecognisedAsDistributionsToOwnersOfParent to label_DividendsRecognisedAsDistributionsToOwnersOfParent" />
    <link:label xlink:type="resource" xlink:label="label_DividendsRecognisedAsDistributionsToOwnersOfParent_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_DividendsRecognisedAsDistributionsToOwnersOfParent_1" xml:lang="en-US" id="label_DividendsRecognisedAsDistributionsToOwnersOfParent_1">Approval of additional dividends by the Shareholders' Meeting</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DividendsRecognisedAsDistributionsToOwnersOfParent" xlink:to="label_DividendsRecognisedAsDistributionsToOwnersOfParent_1" xlink:title="Label : DividendsRecognisedAsDistributionsToOwnersOfParent to label_DividendsRecognisedAsDistributionsToOwnersOfParent_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AllocationOfNetIncomeAbstract" xlink:label="AllocationOfNetIncomeAbstract" xlink:title="AllocationOfNetIncomeAbstract" />
    <link:label xlink:type="resource" xlink:label="label_AllocationOfNetIncomeAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AllocationOfNetIncomeAbstract" xml:lang="en-US" id="label_AllocationOfNetIncomeAbstract">Allocation of net income [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllocationOfNetIncomeAbstract" xlink:to="label_AllocationOfNetIncomeAbstract" xlink:title="Label : AllocationOfNetIncomeAbstract to label_AllocationOfNetIncomeAbstract" />
    <link:label xlink:type="resource" xlink:label="label_AllocationOfNetIncomeAbstract_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AllocationOfNetIncomeAbstract_1" xml:lang="en-US" id="label_AllocationOfNetIncomeAbstract_1">Allocation of net income:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllocationOfNetIncomeAbstract" xlink:to="label_AllocationOfNetIncomeAbstract_1" xlink:title="Label : AllocationOfNetIncomeAbstract to label_AllocationOfNetIncomeAbstract_1" />
    <link:label xlink:type="resource" xlink:label="label_AllocationOfNetIncomeAbstract_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AllocationOfNetIncomeAbstract_2" xml:lang="en-US" id="label_AllocationOfNetIncomeAbstract_2">Allocation of net income [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllocationOfNetIncomeAbstract" xlink:to="label_AllocationOfNetIncomeAbstract_2" xlink:title="Label : AllocationOfNetIncomeAbstract to label_AllocationOfNetIncomeAbstract_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity" xlink:label="IncreaseDecreaseThroughTransfersAndOtherChangesEquity" xlink:title="IncreaseDecreaseThroughTransfersAndOtherChangesEquity" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughTransfersAndOtherChangesEquity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseDecreaseThroughTransfersAndOtherChangesEquity" xml:lang="en-US" id="label_IncreaseDecreaseThroughTransfersAndOtherChangesEquity">Increase (decrease) through other changes, equity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughTransfersAndOtherChangesEquity" xlink:to="label_IncreaseDecreaseThroughTransfersAndOtherChangesEquity" xlink:title="Label : IncreaseDecreaseThroughTransfersAndOtherChangesEquity to label_IncreaseDecreaseThroughTransfersAndOtherChangesEquity" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughTransfersAndOtherChangesEquity_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IncreaseDecreaseThroughTransfersAndOtherChangesEquity_1" xml:lang="en-US" id="label_IncreaseDecreaseThroughTransfersAndOtherChangesEquity_1">Legal reserve</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughTransfersAndOtherChangesEquity" xlink:to="label_IncreaseDecreaseThroughTransfersAndOtherChangesEquity_1" xlink:title="Label : IncreaseDecreaseThroughTransfersAndOtherChangesEquity to label_IncreaseDecreaseThroughTransfersAndOtherChangesEquity_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve" xlink:label="IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve" xlink:title="IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve" xml:lang="en-US" id="label_IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve">Increase (decrease) through allocation of net income - Investments statutory reserve</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve" xlink:to="label_IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve" xlink:title="Label : IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve to label_IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve_1" xml:lang="en-US" id="label_IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve_1">The increase (decrease) in equity resulting from allocation of net income - Investments statutory reserve.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve" xlink:to="label_IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve_1" xlink:title="Label : IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve to label_IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve_1" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve_2" xml:lang="en-US" id="label_IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve_2">Investments statutory reserve</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve" xlink:to="label_IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve_2" xlink:title="Label : IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve to label_IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_InterimDividends" xlink:label="InterimDividends" xlink:title="InterimDividends" />
    <link:label xlink:type="resource" xlink:label="label_InterimDividends" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_InterimDividends" xml:lang="en-US" id="label_InterimDividends">Interim dividends, paid</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterimDividends" xlink:to="label_InterimDividends" xlink:title="Label : InterimDividends to label_InterimDividends" />
    <link:label xlink:type="resource" xlink:label="label_InterimDividends_1" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:title="label_InterimDividends_1" xml:lang="en-US" id="label_InterimDividends_1">Interim dividends (R$ 0.20 per share of the Company)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterimDividends" xlink:to="label_InterimDividends_1" xlink:title="Label : InterimDividends to label_InterimDividends_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ProposedDividends" xlink:label="ProposedDividends" xlink:title="ProposedDividends" />
    <link:label xlink:type="resource" xlink:label="label_ProposedDividends" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ProposedDividends" xml:lang="en-US" id="label_ProposedDividends">Balance of proposed dividends (R$ 0.17 per share)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProposedDividends" xlink:to="label_ProposedDividends" xlink:title="Label : ProposedDividends to label_ProposedDividends" />
    <link:label xlink:type="resource" xlink:label="label_ProposedDividends_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ProposedDividends_1" xml:lang="en-US" id="label_ProposedDividends_1">The amount of proposed dividends recognised as distributions to owners.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProposedDividends" xlink:to="label_ProposedDividends_1" xlink:title="Label : ProposedDividends to label_ProposedDividends_1" />
    <link:label xlink:type="resource" xlink:label="label_ProposedDividends_2" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_ProposedDividends_2" xml:lang="en-US" id="label_ProposedDividends_2">Proposed dividends (R$ 0.20 per share)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProposedDividends" xlink:to="label_ProposedDividends_2" xlink:title="Label : ProposedDividends to label_ProposedDividends_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_InterimDividendsPerShare" xlink:label="InterimDividendsPerShare" xlink:title="InterimDividendsPerShare" />
    <link:label xlink:type="resource" xlink:label="label_InterimDividendsPerShare" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_InterimDividendsPerShare" xml:lang="en-US" id="label_InterimDividendsPerShare">The amount, per share, of interim dividends recognised as distributions to owners.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterimDividendsPerShare" xlink:to="label_InterimDividendsPerShare" xlink:title="Label : InterimDividendsPerShare to label_InterimDividendsPerShare" />
    <link:label xlink:type="resource" xlink:label="label_InterimDividendsPerShare_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_InterimDividendsPerShare_1" xml:lang="en-US" id="label_InterimDividendsPerShare_1">Intermediary dividends, paid per share</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterimDividendsPerShare" xlink:to="label_InterimDividendsPerShare_1" xlink:title="Label : InterimDividendsPerShare to label_InterimDividendsPerShare_1" />
    <link:label xlink:type="resource" xlink:label="label_InterimDividendsPerShare_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_InterimDividendsPerShare_2" xml:lang="en-US" id="label_InterimDividendsPerShare_2">Interim dividends per share</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterimDividendsPerShare" xlink:to="label_InterimDividendsPerShare_2" xlink:title="Label : InterimDividendsPerShare to label_InterimDividendsPerShare_2" />
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    <link:label xlink:type="resource" xlink:label="label_ProposedDividendsPerShare" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ProposedDividendsPerShare" xml:lang="en-US" id="label_ProposedDividendsPerShare">The amount, per share, of proposed dividends recognised as distributions to owners.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProposedDividendsPerShare" xlink:to="label_ProposedDividendsPerShare" xlink:title="Label : ProposedDividendsPerShare to label_ProposedDividendsPerShare" />
    <link:label xlink:type="resource" xlink:label="label_ProposedDividendsPerShare_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ProposedDividendsPerShare_1" xml:lang="en-US" id="label_ProposedDividendsPerShare_1">Proposed dividends, per share</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProposedDividendsPerShare" xlink:to="label_ProposedDividendsPerShare_1" xlink:title="Label : ProposedDividendsPerShare to label_ProposedDividendsPerShare_1" />
    <link:label xlink:type="resource" xlink:label="label_ProposedDividendsPerShare_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ProposedDividendsPerShare_2" xml:lang="en-US" id="label_ProposedDividendsPerShare_2">Proposed dividends per share</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProposedDividendsPerShare" xlink:to="label_ProposedDividendsPerShare_2" xlink:title="Label : ProposedDividendsPerShare to label_ProposedDividendsPerShare_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_StatementOfCashFlowsAbstract" xlink:label="StatementOfCashFlowsAbstract" xlink:title="StatementOfCashFlowsAbstract" />
    <link:label xlink:type="resource" xlink:label="label_StatementOfCashFlowsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_StatementOfCashFlowsAbstract" xml:lang="en-US" id="label_StatementOfCashFlowsAbstract">Statement of cash flows [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StatementOfCashFlowsAbstract" xlink:to="label_StatementOfCashFlowsAbstract" xlink:title="Label : StatementOfCashFlowsAbstract to label_StatementOfCashFlowsAbstract" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:label="CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:title="CashFlowsFromUsedInOperatingActivitiesAbstract" />
    <link:label xlink:type="resource" xlink:label="label_CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CashFlowsFromUsedInOperatingActivitiesAbstract" xml:lang="en-US" id="label_CashFlowsFromUsedInOperatingActivitiesAbstract">Cash flows from (used in) operating activities [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:to="label_CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:title="Label : CashFlowsFromUsedInOperatingActivitiesAbstract to label_CashFlowsFromUsedInOperatingActivitiesAbstract" />
    <link:label xlink:type="resource" xlink:label="label_CashFlowsFromUsedInOperatingActivitiesAbstract_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CashFlowsFromUsedInOperatingActivitiesAbstract_1" xml:lang="en-US" id="label_CashFlowsFromUsedInOperatingActivitiesAbstract_1">Cash flows from operating activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:to="label_CashFlowsFromUsedInOperatingActivitiesAbstract_1" xlink:title="Label : CashFlowsFromUsedInOperatingActivitiesAbstract to label_CashFlowsFromUsedInOperatingActivitiesAbstract_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AdjustmentsForReconcileProfitLossAbstract" xlink:label="AdjustmentsForReconcileProfitLossAbstract" xlink:title="AdjustmentsForReconcileProfitLossAbstract" />
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForReconcileProfitLossAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AdjustmentsForReconcileProfitLossAbstract" xml:lang="en-US" id="label_AdjustmentsForReconcileProfitLossAbstract">Adjustments to reconcile net income to cash provided by operating activities from continuing operations</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForReconcileProfitLossAbstract" xlink:to="label_AdjustmentsForReconcileProfitLossAbstract" xlink:title="Label : AdjustmentsForReconcileProfitLossAbstract to label_AdjustmentsForReconcileProfitLossAbstract" />
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForReconcileProfitLossAbstract_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdjustmentsForReconcileProfitLossAbstract_1" xml:lang="en-US" id="label_AdjustmentsForReconcileProfitLossAbstract_1">Adjustments to reconcile profit (loss) [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForReconcileProfitLossAbstract" xlink:to="label_AdjustmentsForReconcileProfitLossAbstract_1" xlink:title="Label : AdjustmentsForReconcileProfitLossAbstract to label_AdjustmentsForReconcileProfitLossAbstract_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod" xlink:label="AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod" xlink:title="AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod" />
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod" xml:lang="en-US" id="label_AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod">Adjustments for undistributed profits of investments accounted for using equity method</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod" xlink:to="label_AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod" xlink:title="Label : AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod to label_AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod" />
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod_1" xml:lang="en-US" id="label_AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod_1">Share of loss (profit) of joint ventures and associates</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod" xlink:to="label_AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod_1" xlink:title="Label : AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod to label_AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers" xlink:label="AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers" xlink:title="AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers" />
    <link:label xlink:type="resource" xlink:label="label_AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers" xml:lang="en-US" id="label_AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers">Amortisation, assets recognised from costs incurred to obtain or fulfil contracts with customers</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers" xlink:to="label_AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers" xlink:title="Label : AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers to label_AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers" />
    <link:label xlink:type="resource" xlink:label="label_AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers_1" xml:lang="en-US" id="label_AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers_1">Amortization of contractual assets with customers &#x2013; exclusive rights</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers" xlink:to="label_AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers_1" xlink:title="Label : AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers to label_AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers_1" />
    <link:label xlink:type="resource" xlink:label="label_AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers_2" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers_2" xml:lang="en-US" id="label_AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers_2">Amortization of contractual assets with customers (see Note 12)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers" xlink:to="label_AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers_2" xlink:title="Label : AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers to label_AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AdjustmentsForAmortizationOfRightOfUseAssets" xlink:label="AdjustmentsForAmortizationOfRightOfUseAssets" xlink:title="AdjustmentsForAmortizationOfRightOfUseAssets" />
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForAmortizationOfRightOfUseAssets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_AdjustmentsForAmortizationOfRightOfUseAssets" xml:lang="en-US" id="label_AdjustmentsForAmortizationOfRightOfUseAssets">Amortization of right-of-use assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForAmortizationOfRightOfUseAssets" xlink:to="label_AdjustmentsForAmortizationOfRightOfUseAssets" xlink:title="Label : AdjustmentsForAmortizationOfRightOfUseAssets to label_AdjustmentsForAmortizationOfRightOfUseAssets" />
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForAmortizationOfRightOfUseAssets_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AdjustmentsForAmortizationOfRightOfUseAssets_1" xml:lang="en-US" id="label_AdjustmentsForAmortizationOfRightOfUseAssets_1">Adjustments for amortization of rightofuse assets to reconcile profit (loss) to net cash flow from (used in) operating activities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForAmortizationOfRightOfUseAssets" xlink:to="label_AdjustmentsForAmortizationOfRightOfUseAssets_1" xlink:title="Label : AdjustmentsForAmortizationOfRightOfUseAssets to label_AdjustmentsForAmortizationOfRightOfUseAssets_1" />
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForAmortizationOfRightOfUseAssets_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AdjustmentsForAmortizationOfRightOfUseAssets_2" xml:lang="en-US" id="label_AdjustmentsForAmortizationOfRightOfUseAssets_2">Amortization of right to -of-use assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForAmortizationOfRightOfUseAssets" xlink:to="label_AdjustmentsForAmortizationOfRightOfUseAssets_2" xlink:title="Label : AdjustmentsForAmortizationOfRightOfUseAssets to label_AdjustmentsForAmortizationOfRightOfUseAssets_2" />
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForAmortizationOfRightOfUseAssets_3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdjustmentsForAmortizationOfRightOfUseAssets_3" xml:lang="en-US" id="label_AdjustmentsForAmortizationOfRightOfUseAssets_3">Adjustments for Amortization of Right of Use Assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForAmortizationOfRightOfUseAssets" xlink:to="label_AdjustmentsForAmortizationOfRightOfUseAssets_3" xlink:title="Label : AdjustmentsForAmortizationOfRightOfUseAssets to label_AdjustmentsForAmortizationOfRightOfUseAssets_3" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense" xlink:label="AdjustmentsForDepreciationAndAmortisationExpense" xlink:title="AdjustmentsForDepreciationAndAmortisationExpense" />
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForDepreciationAndAmortisationExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdjustmentsForDepreciationAndAmortisationExpense" xml:lang="en-US" id="label_AdjustmentsForDepreciationAndAmortisationExpense">Adjustments for depreciation and amortisation expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForDepreciationAndAmortisationExpense" xlink:to="label_AdjustmentsForDepreciationAndAmortisationExpense" xlink:title="Label : AdjustmentsForDepreciationAndAmortisationExpense to label_AdjustmentsForDepreciationAndAmortisationExpense" />
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForDepreciationAndAmortisationExpense_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AdjustmentsForDepreciationAndAmortisationExpense_1" xml:lang="en-US" id="label_AdjustmentsForDepreciationAndAmortisationExpense_1">Depreciation and amortization</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForDepreciationAndAmortisationExpense" xlink:to="label_AdjustmentsForDepreciationAndAmortisationExpense_1" xlink:title="Label : AdjustmentsForDepreciationAndAmortisationExpense to label_AdjustmentsForDepreciationAndAmortisationExpense_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AdjustmentsForCreditsOnDepreciation" xlink:label="AdjustmentsForCreditsOnDepreciation" xlink:title="AdjustmentsForCreditsOnDepreciation" />
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForCreditsOnDepreciation" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_AdjustmentsForCreditsOnDepreciation" xml:lang="en-US" id="label_AdjustmentsForCreditsOnDepreciation">PIS and COFINS credits on depreciation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForCreditsOnDepreciation" xlink:to="label_AdjustmentsForCreditsOnDepreciation" xlink:title="Label : AdjustmentsForCreditsOnDepreciation to label_AdjustmentsForCreditsOnDepreciation" />
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForCreditsOnDepreciation_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdjustmentsForCreditsOnDepreciation_1" xml:lang="en-US" id="label_AdjustmentsForCreditsOnDepreciation_1">Adjustments for Credits on Depreciation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForCreditsOnDepreciation" xlink:to="label_AdjustmentsForCreditsOnDepreciation_1" xlink:title="Label : AdjustmentsForCreditsOnDepreciation to label_AdjustmentsForCreditsOnDepreciation_1" />
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForCreditsOnDepreciation_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AdjustmentsForCreditsOnDepreciation_2" xml:lang="en-US" id="label_AdjustmentsForCreditsOnDepreciation_2">Adjustments for credits on depreciation to reconcile profit (loss) to net cash flow from (used in) operating activities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForCreditsOnDepreciation" xlink:to="label_AdjustmentsForCreditsOnDepreciation_2" xlink:title="Label : AdjustmentsForCreditsOnDepreciation to label_AdjustmentsForCreditsOnDepreciation_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains" xlink:label="AdjustmentsForUnrealisedForeignExchangeLossesGains" xlink:title="AdjustmentsForUnrealisedForeignExchangeLossesGains" />
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForUnrealisedForeignExchangeLossesGains" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdjustmentsForUnrealisedForeignExchangeLossesGains" xml:lang="en-US" id="label_AdjustmentsForUnrealisedForeignExchangeLossesGains">Adjustments for unrealised foreign exchange losses (gains)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForUnrealisedForeignExchangeLossesGains" xlink:to="label_AdjustmentsForUnrealisedForeignExchangeLossesGains" xlink:title="Label : AdjustmentsForUnrealisedForeignExchangeLossesGains to label_AdjustmentsForUnrealisedForeignExchangeLossesGains" />
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForUnrealisedForeignExchangeLossesGains_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AdjustmentsForUnrealisedForeignExchangeLossesGains_1" xml:lang="en-US" id="label_AdjustmentsForUnrealisedForeignExchangeLossesGains_1">Interest and foreign exchange rate variations</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForUnrealisedForeignExchangeLossesGains" xlink:to="label_AdjustmentsForUnrealisedForeignExchangeLossesGains_1" xlink:title="Label : AdjustmentsForUnrealisedForeignExchangeLossesGains to label_AdjustmentsForUnrealisedForeignExchangeLossesGains_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AdjustmentsForDeferredTaxExpense" xlink:label="AdjustmentsForDeferredTaxExpense" xlink:title="AdjustmentsForDeferredTaxExpense" />
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForDeferredTaxExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdjustmentsForDeferredTaxExpense" xml:lang="en-US" id="label_AdjustmentsForDeferredTaxExpense">Adjustments for deferred tax expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForDeferredTaxExpense" xlink:to="label_AdjustmentsForDeferredTaxExpense" xlink:title="Label : AdjustmentsForDeferredTaxExpense to label_AdjustmentsForDeferredTaxExpense" />
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForDeferredTaxExpense_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AdjustmentsForDeferredTaxExpense_1" xml:lang="en-US" id="label_AdjustmentsForDeferredTaxExpense_1">Deferred income and social contribution taxes</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForDeferredTaxExpense" xlink:to="label_AdjustmentsForDeferredTaxExpense_1" xlink:title="Label : AdjustmentsForDeferredTaxExpense to label_AdjustmentsForDeferredTaxExpense_1" />
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets_1" xml:lang="en-US" id="label_AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets_1">Adjustments for losses (gains) on disposal of non-current assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets" xlink:to="label_AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets_1" xlink:title="Label : AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets to label_AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ProvisionForLossesInventories" xlink:label="ProvisionForLossesInventories" xlink:title="ProvisionForLossesInventories" />
    <link:label xlink:type="resource" xlink:label="label_ProvisionForLossesInventories" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_ProvisionForLossesInventories" xml:lang="en-US" id="label_ProvisionForLossesInventories">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionForLossesInventories" xlink:to="label_ProvisionForLossesInventories" xlink:title="Label : ProvisionForLossesInventories to label_ProvisionForLossesInventories" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeAndOtherReceivables" xlink:label="AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeAndOtherReceivables" xlink:title="AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeAndOtherReceivables" />
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeAndOtherReceivables" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeAndOtherReceivables" xml:lang="en-US" id="label_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeAndOtherReceivables">Reversion (loss) allowance for expected credit losses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeAndOtherReceivables" xlink:to="label_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeAndOtherReceivables" xlink:title="Label : AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeAndOtherReceivables to label_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeAndOtherReceivables" />
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeAndOtherReceivables_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeAndOtherReceivables_1" xml:lang="en-US" id="label_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeAndOtherReceivables_1">Adjustments for impairment loss (reversal of impairment loss) recognised in profit or loss, trade and other receivables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeAndOtherReceivables" xlink:to="label_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeAndOtherReceivables_1" xlink:title="Label : AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeAndOtherReceivables to label_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeAndOtherReceivables_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AdjustmentsForProvisionForLossesInInventories" xlink:label="AdjustmentsForProvisionForLossesInInventories" xlink:title="AdjustmentsForProvisionForLossesInInventories" />
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForProvisionForLossesInInventories" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AdjustmentsForProvisionForLossesInInventories" xml:lang="en-US" id="label_AdjustmentsForProvisionForLossesInInventories">Adjustments for provision for losses in inventories to reconcile profit (loss) to net cash flow from (used in) operating activities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForProvisionForLossesInInventories" xlink:to="label_AdjustmentsForProvisionForLossesInInventories" xlink:title="Label : AdjustmentsForProvisionForLossesInInventories to label_AdjustmentsForProvisionForLossesInInventories" />
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForProvisionForLossesInInventories_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AdjustmentsForProvisionForLossesInInventories_1" xml:lang="en-US" id="label_AdjustmentsForProvisionForLossesInInventories_1">Provision for losses in inventories</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForProvisionForLossesInInventories" xlink:to="label_AdjustmentsForProvisionForLossesInInventories_1" xlink:title="Label : AdjustmentsForProvisionForLossesInInventories to label_AdjustmentsForProvisionForLossesInInventories_1" />
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForProvisionForLossesInInventories_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdjustmentsForProvisionForLossesInInventories_2" xml:lang="en-US" id="label_AdjustmentsForProvisionForLossesInInventories_2">Adjustments for Provision for losses in inventories</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForProvisionForLossesInInventories" xlink:to="label_AdjustmentsForProvisionForLossesInInventories_2" xlink:title="Label : AdjustmentsForProvisionForLossesInInventories to label_AdjustmentsForProvisionForLossesInInventories_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AdjustmentsForProvisionForPostemploymentBenefits" xlink:label="AdjustmentsForProvisionForPostemploymentBenefits" xlink:title="AdjustmentsForProvisionForPostemploymentBenefits" />
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForProvisionForPostemploymentBenefits" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdjustmentsForProvisionForPostemploymentBenefits" xml:lang="en-US" id="label_AdjustmentsForProvisionForPostemploymentBenefits">Adjustments for Provision for Postemployment Benefits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForProvisionForPostemploymentBenefits" xlink:to="label_AdjustmentsForProvisionForPostemploymentBenefits" xlink:title="Label : AdjustmentsForProvisionForPostemploymentBenefits to label_AdjustmentsForProvisionForPostemploymentBenefits" />
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForProvisionForPostemploymentBenefits_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AdjustmentsForProvisionForPostemploymentBenefits_1" xml:lang="en-US" id="label_AdjustmentsForProvisionForPostemploymentBenefits_1">Provision for post-employment benefits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForProvisionForPostemploymentBenefits" xlink:to="label_AdjustmentsForProvisionForPostemploymentBenefits_1" xlink:title="Label : AdjustmentsForProvisionForPostemploymentBenefits to label_AdjustmentsForProvisionForPostemploymentBenefits_1" />
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForProvisionForPostemploymentBenefits_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AdjustmentsForProvisionForPostemploymentBenefits_2" xml:lang="en-US" id="label_AdjustmentsForProvisionForPostemploymentBenefits_2">Adjustments for provision for postemployment benefits to reconcile profit (loss) to net cash flow from (used in) operating activities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForProvisionForPostemploymentBenefits" xlink:to="label_AdjustmentsForProvisionForPostemploymentBenefits_2" xlink:title="Label : AdjustmentsForProvisionForPostemploymentBenefits to label_AdjustmentsForProvisionForPostemploymentBenefits_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AdjustmentsForSharebasedPayments" xlink:label="AdjustmentsForSharebasedPayments" xlink:title="AdjustmentsForSharebasedPayments" />
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForSharebasedPayments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdjustmentsForSharebasedPayments" xml:lang="en-US" id="label_AdjustmentsForSharebasedPayments">Adjustments for share-based payments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForSharebasedPayments" xlink:to="label_AdjustmentsForSharebasedPayments" xlink:title="Label : AdjustmentsForSharebasedPayments to label_AdjustmentsForSharebasedPayments" />
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForSharebasedPayments_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AdjustmentsForSharebasedPayments_1" xml:lang="en-US" id="label_AdjustmentsForSharebasedPayments_1">Equity instrument granted</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForSharebasedPayments" xlink:to="label_AdjustmentsForSharebasedPayments_1" xlink:title="Label : AdjustmentsForSharebasedPayments to label_AdjustmentsForSharebasedPayments_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AdjustmentsForProvisionOfDecarbonization" xlink:label="AdjustmentsForProvisionOfDecarbonization" xlink:title="AdjustmentsForProvisionOfDecarbonization" />
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForProvisionOfDecarbonization" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AdjustmentsForProvisionOfDecarbonization" xml:lang="en-US" id="label_AdjustmentsForProvisionOfDecarbonization">Provision of decarbonization &#x2013; CBIO</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForProvisionOfDecarbonization" xlink:to="label_AdjustmentsForProvisionOfDecarbonization" xlink:title="Label : AdjustmentsForProvisionOfDecarbonization to label_AdjustmentsForProvisionOfDecarbonization" />
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForProvisionOfDecarbonization_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AdjustmentsForProvisionOfDecarbonization_1" xml:lang="en-US" id="label_AdjustmentsForProvisionOfDecarbonization_1">Adjustments for provision of decarbonization to reconcile profit (loss) to net cash flow from (used in) operating activities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForProvisionOfDecarbonization" xlink:to="label_AdjustmentsForProvisionOfDecarbonization_1" xlink:title="Label : AdjustmentsForProvisionOfDecarbonization to label_AdjustmentsForProvisionOfDecarbonization_1" />
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForProvisionOfDecarbonization_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdjustmentsForProvisionOfDecarbonization_2" xml:lang="en-US" id="label_AdjustmentsForProvisionOfDecarbonization_2">Adjustments for provision of decarbonization</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForProvisionOfDecarbonization" xlink:to="label_AdjustmentsForProvisionOfDecarbonization_2" xlink:title="Label : AdjustmentsForProvisionOfDecarbonization to label_AdjustmentsForProvisionOfDecarbonization_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AdjustmentsForProvisionForTaxCivilAndLaborRisks" xlink:label="AdjustmentsForProvisionForTaxCivilAndLaborRisks" xlink:title="AdjustmentsForProvisionForTaxCivilAndLaborRisks" />
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForProvisionForTaxCivilAndLaborRisks" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdjustmentsForProvisionForTaxCivilAndLaborRisks" xml:lang="en-US" id="label_AdjustmentsForProvisionForTaxCivilAndLaborRisks">Adjustments for provision for tax, civil, and labor risks</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForProvisionForTaxCivilAndLaborRisks" xlink:to="label_AdjustmentsForProvisionForTaxCivilAndLaborRisks" xlink:title="Label : AdjustmentsForProvisionForTaxCivilAndLaborRisks to label_AdjustmentsForProvisionForTaxCivilAndLaborRisks" />
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForProvisionForTaxCivilAndLaborRisks_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AdjustmentsForProvisionForTaxCivilAndLaborRisks_1" xml:lang="en-US" id="label_AdjustmentsForProvisionForTaxCivilAndLaborRisks_1">Provision for tax, civil, and labor risks</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForProvisionForTaxCivilAndLaborRisks" xlink:to="label_AdjustmentsForProvisionForTaxCivilAndLaborRisks_1" xlink:title="Label : AdjustmentsForProvisionForTaxCivilAndLaborRisks to label_AdjustmentsForProvisionForTaxCivilAndLaborRisks_1" />
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForProvisionForTaxCivilAndLaborRisks_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AdjustmentsForProvisionForTaxCivilAndLaborRisks_2" xml:lang="en-US" id="label_AdjustmentsForProvisionForTaxCivilAndLaborRisks_2">Adjustments for provision for tax, civil, and labor risks to reconcile profit (loss) to net cash flow from (used in) operating activities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForProvisionForTaxCivilAndLaborRisks" xlink:to="label_AdjustmentsForProvisionForTaxCivilAndLaborRisks_2" xlink:title="Label : AdjustmentsForProvisionForTaxCivilAndLaborRisks to label_AdjustmentsForProvisionForTaxCivilAndLaborRisks_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital" xlink:label="CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital" xlink:title="CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital" />
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    <link:label xlink:type="resource" xlink:label="label_CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital_1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital_1" xml:lang="en-US" id="label_CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital_1">Cash flows from operations before changes in working capital</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital" xlink:to="label_CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital_1" xlink:title="Label : CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital to label_CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_IncreaseDecreaseInCurrentAssetsAbstract" xlink:label="IncreaseDecreaseInCurrentAssetsAbstract" xlink:title="IncreaseDecreaseInCurrentAssetsAbstract" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseInCurrentAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseDecreaseInCurrentAssetsAbstract" xml:lang="en-US" id="label_IncreaseDecreaseInCurrentAssetsAbstract">Increase Decrease in Current Assets [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseInCurrentAssetsAbstract" xlink:to="label_IncreaseDecreaseInCurrentAssetsAbstract" xlink:title="Label : IncreaseDecreaseInCurrentAssetsAbstract to label_IncreaseDecreaseInCurrentAssetsAbstract" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseInCurrentAssetsAbstract_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IncreaseDecreaseInCurrentAssetsAbstract_1" xml:lang="en-US" id="label_IncreaseDecreaseInCurrentAssetsAbstract_1">(Increase) decrease in current assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseInCurrentAssetsAbstract" xlink:to="label_IncreaseDecreaseInCurrentAssetsAbstract_1" xlink:title="Label : IncreaseDecreaseInCurrentAssetsAbstract to label_IncreaseDecreaseInCurrentAssetsAbstract_1" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseInCurrentAssetsAbstract_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_IncreaseDecreaseInCurrentAssetsAbstract_2" xml:lang="en-US" id="label_IncreaseDecreaseInCurrentAssetsAbstract_2">Increase Decrease in Current Assets [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseInCurrentAssetsAbstract" xlink:to="label_IncreaseDecreaseInCurrentAssetsAbstract_2" xlink:title="Label : IncreaseDecreaseInCurrentAssetsAbstract to label_IncreaseDecreaseInCurrentAssetsAbstract_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable" xlink:label="AdjustmentsForDecreaseIncreaseInTradeAccountReceivable" xlink:title="AdjustmentsForDecreaseIncreaseInTradeAccountReceivable" />
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable" xml:lang="en-US" id="label_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable">Adjustments for decrease (increase) in trade accounts receivable</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForDecreaseIncreaseInTradeAccountReceivable" xlink:to="label_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable" xlink:title="Label : AdjustmentsForDecreaseIncreaseInTradeAccountReceivable to label_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable" />
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable_1" xml:lang="en-US" id="label_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable_1">Trade receivables and reseller financing</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForDecreaseIncreaseInTradeAccountReceivable" xlink:to="label_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable_1" xlink:title="Label : AdjustmentsForDecreaseIncreaseInTradeAccountReceivable to label_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AdjustmentsForDecreaseIncreaseInInventories" xlink:label="AdjustmentsForDecreaseIncreaseInInventories" xlink:title="AdjustmentsForDecreaseIncreaseInInventories" />
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForDecreaseIncreaseInInventories" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdjustmentsForDecreaseIncreaseInInventories" xml:lang="en-US" id="label_AdjustmentsForDecreaseIncreaseInInventories">Adjustments for decrease (increase) in inventories</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForDecreaseIncreaseInInventories" xlink:to="label_AdjustmentsForDecreaseIncreaseInInventories" xlink:title="Label : AdjustmentsForDecreaseIncreaseInInventories to label_AdjustmentsForDecreaseIncreaseInInventories" />
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForDecreaseIncreaseInInventories_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AdjustmentsForDecreaseIncreaseInInventories_1" xml:lang="en-US" id="label_AdjustmentsForDecreaseIncreaseInInventories_1">Inventories</link:label>
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    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AdjustmentsForDecreaseIncreaseInCurrentRecoverableTaxes" xlink:label="AdjustmentsForDecreaseIncreaseInCurrentRecoverableTaxes" xlink:title="AdjustmentsForDecreaseIncreaseInCurrentRecoverableTaxes" />
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAccountPayable" xlink:label="AdjustmentsForIncreaseDecreaseInTradeAccountPayable" xlink:title="AdjustmentsForIncreaseDecreaseInTradeAccountPayable" />
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    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AdjustmentsForIncreaseDecreaseInSalariesAndRelatedCharges" xlink:label="AdjustmentsForIncreaseDecreaseInSalariesAndRelatedCharges" xlink:title="AdjustmentsForIncreaseDecreaseInSalariesAndRelatedCharges" />
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    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AdjustmentsForIncreaseDecreaseInCurrentTaxesPayable" xlink:label="AdjustmentsForIncreaseDecreaseInCurrentTaxesPayable" xlink:title="AdjustmentsForIncreaseDecreaseInCurrentTaxesPayable" />
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    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AdjustmentsForIncreaseDecreaseInPaymentsOfContingencies" xlink:label="AdjustmentsForIncreaseDecreaseInPaymentsOfContingencies" xlink:title="AdjustmentsForIncreaseDecreaseInPaymentsOfContingencies" />
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:label="CashFlowsFromUsedInOperatingActivities" xlink:title="CashFlowsFromUsedInOperatingActivities" />
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    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_FinancialInvestmentsNetOfRedemptions" xlink:label="FinancialInvestmentsNetOfRedemptions" xlink:title="FinancialInvestmentsNetOfRedemptions" />
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    <link:label xlink:type="resource" xlink:label="label_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities_2" xml:lang="en-US" id="label_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities_2">Purchase of intangible assets, classified as investing activities</link:label>
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivities" xlink:label="OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivities" xlink:title="OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivities" />
    <link:label xlink:type="resource" xlink:label="label_OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivities" xml:lang="en-US" id="label_OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivities">Other cash payments to acquire interests in joint ventures, classified as investing activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivities" xlink:to="label_OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivities" xlink:title="Label : OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivities to label_OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivities" />
    <link:label xlink:type="resource" xlink:label="label_OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivities_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivities_1" xml:lang="en-US" id="label_OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivities_1">Capital increase in joint ventures</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivities" xlink:to="label_OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivities_1" xlink:title="Label : OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivities to label_OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivities_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_CapitalReductionInAssociatesClassifiedAsInvestingActivities" xlink:label="CapitalReductionInAssociatesClassifiedAsInvestingActivities" xlink:title="CapitalReductionInAssociatesClassifiedAsInvestingActivities" />
    <link:label xlink:type="resource" xlink:label="label_CapitalReductionInAssociatesClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_CapitalReductionInAssociatesClassifiedAsInvestingActivities" xml:lang="en-US" id="label_CapitalReductionInAssociatesClassifiedAsInvestingActivities">The cash inflow (outflow) from capital reduction in associates.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalReductionInAssociatesClassifiedAsInvestingActivities" xlink:to="label_CapitalReductionInAssociatesClassifiedAsInvestingActivities" xlink:title="Label : CapitalReductionInAssociatesClassifiedAsInvestingActivities to label_CapitalReductionInAssociatesClassifiedAsInvestingActivities" />
    <link:label xlink:type="resource" xlink:label="label_CapitalReductionInAssociatesClassifiedAsInvestingActivities_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_CapitalReductionInAssociatesClassifiedAsInvestingActivities_1" xml:lang="en-US" id="label_CapitalReductionInAssociatesClassifiedAsInvestingActivities_1">Capital decrease in associates</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalReductionInAssociatesClassifiedAsInvestingActivities" xlink:to="label_CapitalReductionInAssociatesClassifiedAsInvestingActivities_1" xlink:title="Label : CapitalReductionInAssociatesClassifiedAsInvestingActivities to label_CapitalReductionInAssociatesClassifiedAsInvestingActivities_1" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalReductionInAssociatesClassifiedAsInvestingActivities" xlink:to="label_CapitalReductionInAssociatesClassifiedAsInvestingActivities_2" xlink:title="Label : CapitalReductionInAssociatesClassifiedAsInvestingActivities to label_CapitalReductionInAssociatesClassifiedAsInvestingActivities_2" />
    <link:label xlink:type="resource" xlink:label="label_CapitalReductionInAssociatesClassifiedAsInvestingActivities_3" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:title="label_CapitalReductionInAssociatesClassifiedAsInvestingActivities_3" xml:lang="en-US" id="label_CapitalReductionInAssociatesClassifiedAsInvestingActivities_3">Capital reduction</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalReductionInAssociatesClassifiedAsInvestingActivities" xlink:to="label_CapitalReductionInAssociatesClassifiedAsInvestingActivities_3" xlink:title="Label : CapitalReductionInAssociatesClassifiedAsInvestingActivities to label_CapitalReductionInAssociatesClassifiedAsInvestingActivities_3" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_InitialDirectCostsOfRightToUseAssets" xlink:label="InitialDirectCostsOfRightToUseAssets" xlink:title="InitialDirectCostsOfRightToUseAssets" />
    <link:label xlink:type="resource" xlink:label="label_InitialDirectCostsOfRightToUseAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_InitialDirectCostsOfRightToUseAssets" xml:lang="en-US" id="label_InitialDirectCostsOfRightToUseAssets">The cash outflow for initial direct costs of rightofuse assets, classified as investing activities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InitialDirectCostsOfRightToUseAssets" xlink:to="label_InitialDirectCostsOfRightToUseAssets" xlink:title="Label : InitialDirectCostsOfRightToUseAssets to label_InitialDirectCostsOfRightToUseAssets" />
    <link:label xlink:type="resource" xlink:label="label_InitialDirectCostsOfRightToUseAssets_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_InitialDirectCostsOfRightToUseAssets_1" xml:lang="en-US" id="label_InitialDirectCostsOfRightToUseAssets_1">Initial direct costs of right-of-use assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InitialDirectCostsOfRightToUseAssets" xlink:to="label_InitialDirectCostsOfRightToUseAssets_1" xlink:title="Label : InitialDirectCostsOfRightToUseAssets to label_InitialDirectCostsOfRightToUseAssets_1" />
    <link:label xlink:type="resource" xlink:label="label_InitialDirectCostsOfRightToUseAssets_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_InitialDirectCostsOfRightToUseAssets_2" xml:lang="en-US" id="label_InitialDirectCostsOfRightToUseAssets_2">Initial Direct Costs Of Right To Use Assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InitialDirectCostsOfRightToUseAssets" xlink:to="label_InitialDirectCostsOfRightToUseAssets_2" xlink:title="Label : InitialDirectCostsOfRightToUseAssets to label_InitialDirectCostsOfRightToUseAssets_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:label="ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:title="ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" />
    <link:label xlink:type="resource" xlink:label="label_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xml:lang="en-US" id="label_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities">Proceeds from disposal of property, plant, and equipment and intangibles</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:to="label_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:title="Label : ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities to label_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" />
    <link:label xlink:type="resource" xlink:label="label_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_1" xml:lang="en-US" id="label_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_1">Proceeds from sales of property, plant and equipment, classified as investing activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:to="label_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_1" xlink:title="Label : ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities to label_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:label="CashFlowsFromUsedInInvestingActivities" xlink:title="CashFlowsFromUsedInInvestingActivities" />
    <link:label xlink:type="resource" xlink:label="label_CashFlowsFromUsedInInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_CashFlowsFromUsedInInvestingActivities" xml:lang="en-US" id="label_CashFlowsFromUsedInInvestingActivities">Net cash provided by (used in) investing activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowsFromUsedInInvestingActivities" xlink:to="label_CashFlowsFromUsedInInvestingActivities" xlink:title="Label : CashFlowsFromUsedInInvestingActivities to label_CashFlowsFromUsedInInvestingActivities" />
    <link:label xlink:type="resource" xlink:label="label_CashFlowsFromUsedInInvestingActivities_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CashFlowsFromUsedInInvestingActivities_1" xml:lang="en-US" id="label_CashFlowsFromUsedInInvestingActivities_1">Cash flows from (used in) investing activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowsFromUsedInInvestingActivities" xlink:to="label_CashFlowsFromUsedInInvestingActivities_1" xlink:title="Label : CashFlowsFromUsedInInvestingActivities to label_CashFlowsFromUsedInInvestingActivities_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:label="CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:title="CashFlowsFromUsedInFinancingActivitiesAbstract" />
    <link:label xlink:type="resource" xlink:label="label_CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CashFlowsFromUsedInFinancingActivitiesAbstract" xml:lang="en-US" id="label_CashFlowsFromUsedInFinancingActivitiesAbstract">Cash flows from (used in) financing activities [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:to="label_CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:title="Label : CashFlowsFromUsedInFinancingActivitiesAbstract to label_CashFlowsFromUsedInFinancingActivitiesAbstract" />
    <link:label xlink:type="resource" xlink:label="label_CashFlowsFromUsedInFinancingActivitiesAbstract_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CashFlowsFromUsedInFinancingActivitiesAbstract_1" xml:lang="en-US" id="label_CashFlowsFromUsedInFinancingActivitiesAbstract_1">Cash flows from financing activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:to="label_CashFlowsFromUsedInFinancingActivitiesAbstract_1" xlink:title="Label : CashFlowsFromUsedInFinancingActivitiesAbstract to label_CashFlowsFromUsedInFinancingActivitiesAbstract_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities" xlink:label="ProceedsFromBorrowingsClassifiedAsFinancingActivities" xlink:title="ProceedsFromBorrowingsClassifiedAsFinancingActivities" />
    <link:label xlink:type="resource" xlink:label="label_ProceedsFromBorrowingsClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ProceedsFromBorrowingsClassifiedAsFinancingActivities" xml:lang="en-US" id="label_ProceedsFromBorrowingsClassifiedAsFinancingActivities">Proceeds from borrowings, classified as financing activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromBorrowingsClassifiedAsFinancingActivities" xlink:to="label_ProceedsFromBorrowingsClassifiedAsFinancingActivities" xlink:title="Label : ProceedsFromBorrowingsClassifiedAsFinancingActivities to label_ProceedsFromBorrowingsClassifiedAsFinancingActivities" />
    <link:label xlink:type="resource" xlink:label="label_ProceedsFromBorrowingsClassifiedAsFinancingActivities_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ProceedsFromBorrowingsClassifiedAsFinancingActivities_1" xml:lang="en-US" id="label_ProceedsFromBorrowingsClassifiedAsFinancingActivities_1">Proceeds</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromBorrowingsClassifiedAsFinancingActivities" xlink:to="label_ProceedsFromBorrowingsClassifiedAsFinancingActivities_1" xlink:title="Label : ProceedsFromBorrowingsClassifiedAsFinancingActivities to label_ProceedsFromBorrowingsClassifiedAsFinancingActivities_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:label="RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:title="RepaymentsOfBorrowingsClassifiedAsFinancingActivities" />
    <link:label xlink:type="resource" xlink:label="label_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xml:lang="en-US" id="label_RepaymentsOfBorrowingsClassifiedAsFinancingActivities">Repayments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:to="label_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:title="Label : RepaymentsOfBorrowingsClassifiedAsFinancingActivities to label_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" />
    <link:label xlink:type="resource" xlink:label="label_RepaymentsOfBorrowingsClassifiedAsFinancingActivities_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RepaymentsOfBorrowingsClassifiedAsFinancingActivities_1" xml:lang="en-US" id="label_RepaymentsOfBorrowingsClassifiedAsFinancingActivities_1">Repayments of borrowings, classified as financing activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:to="label_RepaymentsOfBorrowingsClassifiedAsFinancingActivities_1" xlink:title="Label : RepaymentsOfBorrowingsClassifiedAsFinancingActivities to label_RepaymentsOfBorrowingsClassifiedAsFinancingActivities_1" />
    <link:label xlink:type="resource" xlink:label="label_RepaymentsOfBorrowingsClassifiedAsFinancingActivities_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_RepaymentsOfBorrowingsClassifiedAsFinancingActivities_2" xml:lang="en-US" id="label_RepaymentsOfBorrowingsClassifiedAsFinancingActivities_2">Loans paid off in advance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:to="label_RepaymentsOfBorrowingsClassifiedAsFinancingActivities_2" xlink:title="Label : RepaymentsOfBorrowingsClassifiedAsFinancingActivities to label_RepaymentsOfBorrowingsClassifiedAsFinancingActivities_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:label="PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:title="PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" />
    <link:label xlink:type="resource" xlink:label="label_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xml:lang="en-US" id="label_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities">Payments of lease liabilities, classified as financing activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:to="label_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:title="Label : PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities to label_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" />
    <link:label xlink:type="resource" xlink:label="label_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_1" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:title="label_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_1" xml:lang="en-US" id="label_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_1">Principal</link:label>
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    <link:label xlink:type="resource" xlink:label="label_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_2" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_2" xml:lang="en-US" id="label_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_2">Payments of lease</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:to="label_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_2" xlink:title="Label : PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities to label_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DividendsPaidClassifiedAsFinancingActivities" xlink:label="DividendsPaidClassifiedAsFinancingActivities" xlink:title="DividendsPaidClassifiedAsFinancingActivities" />
    <link:label xlink:type="resource" xlink:label="label_DividendsPaidClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:title="label_DividendsPaidClassifiedAsFinancingActivities" xml:lang="en-US" id="label_DividendsPaidClassifiedAsFinancingActivities">Payments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DividendsPaidClassifiedAsFinancingActivities" xlink:to="label_DividendsPaidClassifiedAsFinancingActivities" xlink:title="Label : DividendsPaidClassifiedAsFinancingActivities to label_DividendsPaidClassifiedAsFinancingActivities" />
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" xlink:label="IncreaseDecreaseInCashAndCashEquivalents" xlink:title="IncreaseDecreaseInCashAndCashEquivalents" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseInCashAndCashEquivalents" xlink:to="label_IncreaseDecreaseInCashAndCashEquivalents_1" xlink:title="Label : IncreaseDecreaseInCashAndCashEquivalents to label_IncreaseDecreaseInCashAndCashEquivalents_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AdditionOnRightToUseAssetsAndLeasesPayable" xlink:label="AdditionOnRightToUseAssetsAndLeasesPayable" xlink:title="AdditionOnRightToUseAssetsAndLeasesPayable" />
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    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AdjustmentsForNonCashAdditionOnContractualAssetsWithCustomersExclusiveRights" xlink:label="AdjustmentsForNonCashAdditionOnContractualAssetsWithCustomersExclusiveRights" xlink:title="AdjustmentsForNonCashAdditionOnContractualAssetsWithCustomersExclusiveRights" />
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    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AdjustmentsForNonCashReversionFundPrivatePension" xlink:label="AdjustmentsForNonCashReversionFundPrivatePension" xlink:title="AdjustmentsForNonCashReversionFundPrivatePension" />
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfEmployeeBenefitsExplanatory" xlink:label="DisclosureOfEmployeeBenefitsExplanatory" xlink:title="DisclosureOfEmployeeBenefitsExplanatory" />
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    <link:label xlink:type="resource" xlink:label="label_DisclosureOfOtherProvisionsExplanatory_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DisclosureOfOtherProvisionsExplanatory_1" xml:lang="en-US" id="label_DisclosureOfOtherProvisionsExplanatory_1">Provision for Asset Retirement Obligation - Fuel Tanks</link:label>
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    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DisclosureOfOtherOperatingIncomeExpenseAbstract" xlink:label="DisclosureOfOtherOperatingIncomeExpenseAbstract" xlink:title="DisclosureOfOtherOperatingIncomeExpenseAbstract" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfOtherOperatingIncomeExpenseAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfOtherOperatingIncomeExpenseAbstract" xml:lang="en-US" id="label_DisclosureOfOtherOperatingIncomeExpenseAbstract">Other operating income, net</link:label>
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    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DisclosureOfFinanceIncomeExpenseAbstract" xlink:label="DisclosureOfFinanceIncomeExpenseAbstract" xlink:title="DisclosureOfFinanceIncomeExpenseAbstract" />
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfFinanceIncomeExpenseExplanatory" xlink:label="DisclosureOfFinanceIncomeExpenseExplanatory" xlink:title="DisclosureOfFinanceIncomeExpenseExplanatory" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeReceivablesMember" xlink:to="label_TradeReceivablesMember" xlink:title="Label : TradeReceivablesMember to label_TradeReceivablesMember" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeReceivablesMember" xlink:to="label_TradeReceivablesMember_1" xlink:title="Label : TradeReceivablesMember to label_TradeReceivablesMember_1" />
    <link:label xlink:type="resource" xlink:label="label_TradeReceivablesMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TradeReceivablesMember_2" xml:lang="en-US" id="label_TradeReceivablesMember_2">Trade receivables [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeReceivablesMember" xlink:to="label_TradeReceivablesMember_2" xlink:title="Label : TradeReceivablesMember to label_TradeReceivablesMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ResellerFinancingIpirangaMember" xlink:label="ResellerFinancingIpirangaMember" xlink:title="ResellerFinancingIpirangaMember" />
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    <link:label xlink:type="resource" xlink:label="label_ResellerFinancingIpirangaMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ResellerFinancingIpirangaMember_1" xml:lang="en-US" id="label_ResellerFinancingIpirangaMember_1">Reseller Financing - Ipiranga [member]</link:label>
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    <link:label xlink:type="resource" xlink:label="label_ResellerFinancingIpirangaMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ResellerFinancingIpirangaMember_2" xml:lang="en-US" id="label_ResellerFinancingIpirangaMember_2">Reseller Financing Ipiranga [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ResellerFinancingIpirangaMember" xlink:to="label_ResellerFinancingIpirangaMember_2" xlink:title="Label : ResellerFinancingIpirangaMember to label_ResellerFinancingIpirangaMember_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RetrospectiveApplicationAndRetrospectiveRestatementAxis" xlink:label="RetrospectiveApplicationAndRetrospectiveRestatementAxis" xlink:title="RetrospectiveApplicationAndRetrospectiveRestatementAxis" />
    <link:label xlink:type="resource" xlink:label="label_RetrospectiveApplicationAndRetrospectiveRestatementAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RetrospectiveApplicationAndRetrospectiveRestatementAxis" xml:lang="en-US" id="label_RetrospectiveApplicationAndRetrospectiveRestatementAxis">Retrospective application and retrospective restatement [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RetrospectiveApplicationAndRetrospectiveRestatementAxis" xlink:to="label_RetrospectiveApplicationAndRetrospectiveRestatementAxis" xlink:title="Label : RetrospectiveApplicationAndRetrospectiveRestatementAxis to label_RetrospectiveApplicationAndRetrospectiveRestatementAxis" />
    <link:label xlink:type="resource" xlink:label="label_RetrospectiveApplicationAndRetrospectiveRestatementAxis_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_RetrospectiveApplicationAndRetrospectiveRestatementAxis_1" xml:lang="en-US" id="label_RetrospectiveApplicationAndRetrospectiveRestatementAxis_1">Retrospective application and retrospective restatement [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RetrospectiveApplicationAndRetrospectiveRestatementAxis" xlink:to="label_RetrospectiveApplicationAndRetrospectiveRestatementAxis_1" xlink:title="Label : RetrospectiveApplicationAndRetrospectiveRestatementAxis to label_RetrospectiveApplicationAndRetrospectiveRestatementAxis_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RestatedMember" xlink:label="RestatedMember" xlink:title="RestatedMember" />
    <link:label xlink:type="resource" xlink:label="label_RestatedMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RestatedMember" xml:lang="en-US" id="label_RestatedMember">Currently stated [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RestatedMember" xlink:to="label_RestatedMember" xlink:title="Label : RestatedMember to label_RestatedMember" />
    <link:label xlink:type="resource" xlink:label="label_RestatedMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_RestatedMember_1" xml:lang="en-US" id="label_RestatedMember_1">Currently stated [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RestatedMember" xlink:to="label_RestatedMember_1" xlink:title="Label : RestatedMember to label_RestatedMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_InAccordanceWithIFRS9Member" xlink:label="InAccordanceWithIFRS9Member" xlink:title="InAccordanceWithIFRS9Member" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfTradeReceivablesCompositionExplanatory" xlink:to="label_DisclosureOfTradeReceivablesCompositionExplanatory" xlink:title="Label : DisclosureOfTradeReceivablesCompositionExplanatory to label_DisclosureOfTradeReceivablesCompositionExplanatory" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfTradeReceivablesCompositionExplanatory" xlink:to="label_DisclosureOfTradeReceivablesCompositionExplanatory_1" xlink:title="Label : DisclosureOfTradeReceivablesCompositionExplanatory to label_DisclosureOfTradeReceivablesCompositionExplanatory_1" />
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    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DisclosureOfTradeReceivablesBreakdownExplanatory" xlink:label="DisclosureOfTradeReceivablesBreakdownExplanatory" xlink:title="DisclosureOfTradeReceivablesBreakdownExplanatory" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfTradeReceivablesBreakdownExplanatory" xlink:to="label_DisclosureOfTradeReceivablesBreakdownExplanatory" xlink:title="Label : DisclosureOfTradeReceivablesBreakdownExplanatory to label_DisclosureOfTradeReceivablesBreakdownExplanatory" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfTradeReceivablesBreakdownExplanatory_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DisclosureOfTradeReceivablesBreakdownExplanatory_1" xml:lang="en-US" id="label_DisclosureOfTradeReceivablesBreakdownExplanatory_1">Trade receivables breakdown</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfTradeReceivablesBreakdownExplanatory" xlink:to="label_DisclosureOfTradeReceivablesBreakdownExplanatory_1" xlink:title="Label : DisclosureOfTradeReceivablesBreakdownExplanatory to label_DisclosureOfTradeReceivablesBreakdownExplanatory_1" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfTradeReceivablesBreakdownExplanatory_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DisclosureOfTradeReceivablesBreakdownExplanatory_2" xml:lang="en-US" id="label_DisclosureOfTradeReceivablesBreakdownExplanatory_2">Tabular disclosure of trade receivables breakdown.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfTradeReceivablesBreakdownExplanatory" xlink:to="label_DisclosureOfTradeReceivablesBreakdownExplanatory_2" xlink:title="Label : DisclosureOfTradeReceivablesBreakdownExplanatory to label_DisclosureOfTradeReceivablesBreakdownExplanatory_2" />
    <link:label xlink:type="resource" xlink:label="label_ProfitLoss_3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ProfitLoss_3" xml:lang="en-US" id="label_ProfitLoss_3">Profit (loss)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitLoss" xlink:to="label_ProfitLoss_3" xlink:title="Label : ProfitLoss to label_ProfitLoss_3" />
    <link:label xlink:type="resource" xlink:label="label_RightofuseAssets_3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RightofuseAssets_3" xml:lang="en-US" id="label_RightofuseAssets_3">Right-of-use assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RightofuseAssets" xlink:to="label_RightofuseAssets_3" xlink:title="Label : RightofuseAssets to label_RightofuseAssets_3" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureInBreakdownOfExpectedLossOnDoubtfulAccountsExplanatoryTextBlock" xlink:to="label_DisclosureInBreakdownOfExpectedLossOnDoubtfulAccountsExplanatoryTextBlock" xlink:title="Label : DisclosureInBreakdownOfExpectedLossOnDoubtfulAccountsExplanatoryTextBlock to label_DisclosureInBreakdownOfExpectedLossOnDoubtfulAccountsExplanatoryTextBlock" />
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    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DisclosureOfResellerFinancingCompositionExplanatory" xlink:label="DisclosureOfResellerFinancingCompositionExplanatory" xlink:title="DisclosureOfResellerFinancingCompositionExplanatory" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfResellerFinancingCompositionExplanatory" xlink:to="label_DisclosureOfResellerFinancingCompositionExplanatory" xlink:title="Label : DisclosureOfResellerFinancingCompositionExplanatory to label_DisclosureOfResellerFinancingCompositionExplanatory" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfResellerFinancingCompositionExplanatory_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DisclosureOfResellerFinancingCompositionExplanatory_1" xml:lang="en-US" id="label_DisclosureOfResellerFinancingCompositionExplanatory_1">Composition of reseller financing</link:label>
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    <link:label xlink:type="resource" xlink:label="label_DisclosureOfVariationForDerivativeInstrumentsOfHedgingObjectExplanatoryTextBlock_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DisclosureOfVariationForDerivativeInstrumentsOfHedgingObjectExplanatoryTextBlock_1" xml:lang="en-US" id="label_DisclosureOfVariationForDerivativeInstrumentsOfHedgingObjectExplanatoryTextBlock_1">Summary of variation of derivative instruments hedging object</link:label>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfVariationForDerivativeInstrumentsOfHedgingObjectExplanatoryTextBlock" xlink:to="label_DisclosureOfVariationForDerivativeInstrumentsOfHedgingObjectExplanatoryTextBlock_2" xlink:title="Label : DisclosureOfVariationForDerivativeInstrumentsOfHedgingObjectExplanatoryTextBlock to label_DisclosureOfVariationForDerivativeInstrumentsOfHedgingObjectExplanatoryTextBlock_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_SummaryOfContractsTableTextBlock" xlink:label="SummaryOfContractsTableTextBlock" xlink:title="SummaryOfContractsTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="label_SummaryOfContractsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SummaryOfContractsTableTextBlock" xml:lang="en-US" id="label_SummaryOfContractsTableTextBlock">Summary of Contracts [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SummaryOfContractsTableTextBlock" xlink:to="label_SummaryOfContractsTableTextBlock" xlink:title="Label : SummaryOfContractsTableTextBlock to label_SummaryOfContractsTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="label_SummaryOfContractsTableTextBlock_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_SummaryOfContractsTableTextBlock_1" xml:lang="en-US" id="label_SummaryOfContractsTableTextBlock_1">Contracts</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SummaryOfContractsTableTextBlock" xlink:to="label_SummaryOfContractsTableTextBlock_1" xlink:title="Label : SummaryOfContractsTableTextBlock to label_SummaryOfContractsTableTextBlock_1" />
    <link:label xlink:type="resource" xlink:label="label_SummaryOfContractsTableTextBlock_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_SummaryOfContractsTableTextBlock_2" xml:lang="en-US" id="label_SummaryOfContractsTableTextBlock_2">The tabular disclosure of contract commitments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SummaryOfContractsTableTextBlock" xlink:to="label_SummaryOfContractsTableTextBlock_2" xlink:title="Label : SummaryOfContractsTableTextBlock to label_SummaryOfContractsTableTextBlock_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_MinimumAnnualPurchasesTextBlock" xlink:label="MinimumAnnualPurchasesTextBlock" xlink:title="MinimumAnnualPurchasesTextBlock" />
    <link:label xlink:type="resource" xlink:label="label_MinimumAnnualPurchasesTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_MinimumAnnualPurchasesTextBlock" xml:lang="en-US" id="label_MinimumAnnualPurchasesTextBlock">The tabular disclosure of minimum annual purchase commitments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MinimumAnnualPurchasesTextBlock" xlink:to="label_MinimumAnnualPurchasesTextBlock" xlink:title="Label : MinimumAnnualPurchasesTextBlock to label_MinimumAnnualPurchasesTextBlock" />
    <link:label xlink:type="resource" xlink:label="label_MinimumAnnualPurchasesTextBlock_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_MinimumAnnualPurchasesTextBlock_1" xml:lang="en-US" id="label_MinimumAnnualPurchasesTextBlock_1">Minimum annual purchases</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MinimumAnnualPurchasesTextBlock" xlink:to="label_MinimumAnnualPurchasesTextBlock_1" xlink:title="Label : MinimumAnnualPurchasesTextBlock to label_MinimumAnnualPurchasesTextBlock_1" />
    <link:label xlink:type="resource" xlink:label="label_MinimumAnnualPurchasesTextBlock_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MinimumAnnualPurchasesTextBlock_2" xml:lang="en-US" id="label_MinimumAnnualPurchasesTextBlock_2">Minimum Annual Purchases [Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MinimumAnnualPurchasesTextBlock" xlink:to="label_MinimumAnnualPurchasesTextBlock_2" xlink:title="Label : MinimumAnnualPurchasesTextBlock to label_MinimumAnnualPurchasesTextBlock_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_SummaryOfInsuranceCoverageInSubsidiariesTableTextBlock" xlink:label="SummaryOfInsuranceCoverageInSubsidiariesTableTextBlock" xlink:title="SummaryOfInsuranceCoverageInSubsidiariesTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="label_SummaryOfInsuranceCoverageInSubsidiariesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SummaryOfInsuranceCoverageInSubsidiariesTableTextBlock" xml:lang="en-US" id="label_SummaryOfInsuranceCoverageInSubsidiariesTableTextBlock">Summary of Insurance Coverage in Subsidiaries [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SummaryOfInsuranceCoverageInSubsidiariesTableTextBlock" xlink:to="label_SummaryOfInsuranceCoverageInSubsidiariesTableTextBlock" xlink:title="Label : SummaryOfInsuranceCoverageInSubsidiariesTableTextBlock to label_SummaryOfInsuranceCoverageInSubsidiariesTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="label_SummaryOfInsuranceCoverageInSubsidiariesTableTextBlock_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_SummaryOfInsuranceCoverageInSubsidiariesTableTextBlock_1" xml:lang="en-US" id="label_SummaryOfInsuranceCoverageInSubsidiariesTableTextBlock_1">Insurance coverage</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SummaryOfInsuranceCoverageInSubsidiariesTableTextBlock" xlink:to="label_SummaryOfInsuranceCoverageInSubsidiariesTableTextBlock_1" xlink:title="Label : SummaryOfInsuranceCoverageInSubsidiariesTableTextBlock to label_SummaryOfInsuranceCoverageInSubsidiariesTableTextBlock_1" />
    <link:label xlink:type="resource" xlink:label="label_SummaryOfInsuranceCoverageInSubsidiariesTableTextBlock_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_SummaryOfInsuranceCoverageInSubsidiariesTableTextBlock_2" xml:lang="en-US" id="label_SummaryOfInsuranceCoverageInSubsidiariesTableTextBlock_2">The tabular disclosure of detailed information about insurance coverages.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SummaryOfInsuranceCoverageInSubsidiariesTableTextBlock" xlink:to="label_SummaryOfInsuranceCoverageInSubsidiariesTableTextBlock_2" xlink:title="Label : SummaryOfInsuranceCoverageInSubsidiariesTableTextBlock to label_SummaryOfInsuranceCoverageInSubsidiariesTableTextBlock_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfOperatingSegmentsTable" xlink:label="DisclosureOfOperatingSegmentsTable" xlink:title="DisclosureOfOperatingSegmentsTable" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfOperatingSegmentsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfOperatingSegmentsTable" xml:lang="en-US" id="label_DisclosureOfOperatingSegmentsTable">Disclosure of operating segments [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfOperatingSegmentsTable" xlink:to="label_DisclosureOfOperatingSegmentsTable" xlink:title="Label : DisclosureOfOperatingSegmentsTable to label_DisclosureOfOperatingSegmentsTable" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfOperatingSegmentsTable_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DisclosureOfOperatingSegmentsTable_1" xml:lang="en-US" id="label_DisclosureOfOperatingSegmentsTable_1">Disclosure of operating segments [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfOperatingSegmentsTable" xlink:to="label_DisclosureOfOperatingSegmentsTable_1" xlink:title="Label : DisclosureOfOperatingSegmentsTable to label_DisclosureOfOperatingSegmentsTable_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_SegmentsAxis" xlink:label="SegmentsAxis" xlink:title="SegmentsAxis" />
    <link:label xlink:type="resource" xlink:label="label_SegmentsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SegmentsAxis" xml:lang="en-US" id="label_SegmentsAxis">Segments [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SegmentsAxis" xlink:to="label_SegmentsAxis" xlink:title="Label : SegmentsAxis to label_SegmentsAxis" />
    <link:label xlink:type="resource" xlink:label="label_SegmentsAxis_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_SegmentsAxis_1" xml:lang="en-US" id="label_SegmentsAxis_1">Segments [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SegmentsAxis" xlink:to="label_SegmentsAxis_1" xlink:title="Label : SegmentsAxis to label_SegmentsAxis_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_SegmentsMember" xlink:label="SegmentsMember" xlink:title="SegmentsMember" />
    <link:label xlink:type="resource" xlink:label="label_SegmentsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SegmentsMember" xml:lang="en-US" id="label_SegmentsMember">Segments [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SegmentsMember" xlink:to="label_SegmentsMember" xlink:title="Label : SegmentsMember to label_SegmentsMember" />
    <link:label xlink:type="resource" xlink:label="label_SegmentsMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_SegmentsMember_1" xml:lang="en-US" id="label_SegmentsMember_1">Segments [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SegmentsMember" xlink:to="label_SegmentsMember_1" xlink:title="Label : SegmentsMember to label_SegmentsMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ReportableSegmentsMember" xlink:label="ReportableSegmentsMember" xlink:title="ReportableSegmentsMember" />
    <link:label xlink:type="resource" xlink:label="label_ReportableSegmentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ReportableSegmentsMember" xml:lang="en-US" id="label_ReportableSegmentsMember">Reportable segments [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReportableSegmentsMember" xlink:to="label_ReportableSegmentsMember" xlink:title="Label : ReportableSegmentsMember to label_ReportableSegmentsMember" />
    <link:label xlink:type="resource" xlink:label="label_ReportableSegmentsMember_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ReportableSegmentsMember_1" xml:lang="en-US" id="label_ReportableSegmentsMember_1">Reportable segments [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReportableSegmentsMember" xlink:to="label_ReportableSegmentsMember_1" xlink:title="Label : ReportableSegmentsMember to label_ReportableSegmentsMember_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_UltracargoMember" xlink:label="UltracargoMember" xlink:title="UltracargoMember" />
    <link:label xlink:type="resource" xlink:label="label_UltracargoMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_UltracargoMember" xml:lang="en-US" id="label_UltracargoMember">Ultracargo [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UltracargoMember" xlink:to="label_UltracargoMember" xlink:title="Label : UltracargoMember to label_UltracargoMember" />
    <link:label xlink:type="resource" xlink:label="label_UltracargoMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_UltracargoMember_1" xml:lang="en-US" id="label_UltracargoMember_1">Ultracargo [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UltracargoMember" xlink:to="label_UltracargoMember_1" xlink:title="Label : UltracargoMember to label_UltracargoMember_1" />
    <link:label xlink:type="resource" xlink:label="label_UltracargoMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_UltracargoMember_2" xml:lang="en-US" id="label_UltracargoMember_2">This member stands for the information pertaining to Ultracargo.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UltracargoMember" xlink:to="label_UltracargoMember_2" xlink:title="Label : UltracargoMember to label_UltracargoMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_IpirangaMember" xlink:label="IpirangaMember" xlink:title="IpirangaMember" />
    <link:label xlink:type="resource" xlink:label="label_IpirangaMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IpirangaMember" xml:lang="en-US" id="label_IpirangaMember">Ipiranga [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IpirangaMember" xlink:to="label_IpirangaMember" xlink:title="Label : IpirangaMember to label_IpirangaMember" />
    <link:label xlink:type="resource" xlink:label="label_IpirangaMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IpirangaMember_1" xml:lang="en-US" id="label_IpirangaMember_1">Ipiranga [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IpirangaMember" xlink:to="label_IpirangaMember_1" xlink:title="Label : IpirangaMember to label_IpirangaMember_1" />
    <link:label xlink:type="resource" xlink:label="label_IpirangaMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_IpirangaMember_2" xml:lang="en-US" id="label_IpirangaMember_2">This member stands for the information pertaining to Ipiranga.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IpirangaMember" xlink:to="label_IpirangaMember_2" xlink:title="Label : IpirangaMember to label_IpirangaMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ExtrafarmaMember" xlink:label="ExtrafarmaMember" xlink:title="ExtrafarmaMember" />
    <link:label xlink:type="resource" xlink:label="label_ExtrafarmaMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ExtrafarmaMember" xml:lang="en-US" id="label_ExtrafarmaMember">This member stands for the information pertaining to Extrafarma.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExtrafarmaMember" xlink:to="label_ExtrafarmaMember" xlink:title="Label : ExtrafarmaMember to label_ExtrafarmaMember" />
    <link:label xlink:type="resource" xlink:label="label_ExtrafarmaMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ExtrafarmaMember_1" xml:lang="en-US" id="label_ExtrafarmaMember_1">Extrafarma [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExtrafarmaMember" xlink:to="label_ExtrafarmaMember_1" xlink:title="Label : ExtrafarmaMember to label_ExtrafarmaMember_1" />
    <link:label xlink:type="resource" xlink:label="label_ExtrafarmaMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ExtrafarmaMember_2" xml:lang="en-US" id="label_ExtrafarmaMember_2">Extrafarma [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExtrafarmaMember" xlink:to="label_ExtrafarmaMember_2" xlink:title="Label : ExtrafarmaMember to label_ExtrafarmaMember_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ProductsAndServicesAxis" xlink:label="ProductsAndServicesAxis" xlink:title="ProductsAndServicesAxis" />
    <link:label xlink:type="resource" xlink:label="label_ProductsAndServicesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ProductsAndServicesAxis" xml:lang="en-US" id="label_ProductsAndServicesAxis">Products and services [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProductsAndServicesAxis" xlink:to="label_ProductsAndServicesAxis" xlink:title="Label : ProductsAndServicesAxis to label_ProductsAndServicesAxis" />
    <link:label xlink:type="resource" xlink:label="label_ProductsAndServicesAxis_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ProductsAndServicesAxis_1" xml:lang="en-US" id="label_ProductsAndServicesAxis_1">Products and services [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProductsAndServicesAxis" xlink:to="label_ProductsAndServicesAxis_1" xlink:title="Label : ProductsAndServicesAxis to label_ProductsAndServicesAxis_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ProductsAndServicesMember" xlink:label="ProductsAndServicesMember" xlink:title="ProductsAndServicesMember" />
    <link:label xlink:type="resource" xlink:label="label_ProductsAndServicesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ProductsAndServicesMember" xml:lang="en-US" id="label_ProductsAndServicesMember">Products and services [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProductsAndServicesMember" xlink:to="label_ProductsAndServicesMember" xlink:title="Label : ProductsAndServicesMember to label_ProductsAndServicesMember" />
    <link:label xlink:type="resource" xlink:label="label_ProductsAndServicesMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ProductsAndServicesMember_1" xml:lang="en-US" id="label_ProductsAndServicesMember_1">Products and services [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProductsAndServicesMember" xlink:to="label_ProductsAndServicesMember_1" xlink:title="Label : ProductsAndServicesMember to label_ProductsAndServicesMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfOperatingSegmentsLineItems" xlink:label="DisclosureOfOperatingSegmentsLineItems" xlink:title="DisclosureOfOperatingSegmentsLineItems" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfOperatingSegmentsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfOperatingSegmentsLineItems" xml:lang="en-US" id="label_DisclosureOfOperatingSegmentsLineItems">Disclosure of operating segments [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfOperatingSegmentsLineItems" xlink:to="label_DisclosureOfOperatingSegmentsLineItems" xlink:title="Label : DisclosureOfOperatingSegmentsLineItems to label_DisclosureOfOperatingSegmentsLineItems" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfOperatingSegmentsLineItems_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DisclosureOfOperatingSegmentsLineItems_1" xml:lang="en-US" id="label_DisclosureOfOperatingSegmentsLineItems_1">Disclosure of operating segments [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfOperatingSegmentsLineItems" xlink:to="label_DisclosureOfOperatingSegmentsLineItems_1" xlink:title="Label : DisclosureOfOperatingSegmentsLineItems to label_DisclosureOfOperatingSegmentsLineItems_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NumberOfBasicBaskets" xlink:label="NumberOfBasicBaskets" xlink:title="NumberOfBasicBaskets" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfBasicBaskets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NumberOfBasicBaskets" xml:lang="en-US" id="label_NumberOfBasicBaskets">Number of basic baskets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfBasicBaskets" xlink:to="label_NumberOfBasicBaskets" xlink:title="Label : NumberOfBasicBaskets to label_NumberOfBasicBaskets" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfBasicBaskets_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NumberOfBasicBaskets_1" xml:lang="en-US" id="label_NumberOfBasicBaskets_1">Number of Basic Baskets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfBasicBaskets" xlink:to="label_NumberOfBasicBaskets_1" xlink:title="Label : NumberOfBasicBaskets to label_NumberOfBasicBaskets_1" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfBasicBaskets_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_NumberOfBasicBaskets_2" xml:lang="en-US" id="label_NumberOfBasicBaskets_2">The number of basic baskets.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfBasicBaskets" xlink:to="label_NumberOfBasicBaskets_2" xlink:title="Label : NumberOfBasicBaskets to label_NumberOfBasicBaskets_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NumberOfPortTerminals" xlink:label="NumberOfPortTerminals" xlink:title="NumberOfPortTerminals" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfPortTerminals" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_NumberOfPortTerminals" xml:lang="en-US" id="label_NumberOfPortTerminals">The number of port terminals.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfPortTerminals" xlink:to="label_NumberOfPortTerminals" xlink:title="Label : NumberOfPortTerminals to label_NumberOfPortTerminals" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfPortTerminals_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NumberOfPortTerminals_1" xml:lang="en-US" id="label_NumberOfPortTerminals_1">Number of port terminals</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfPortTerminals" xlink:to="label_NumberOfPortTerminals_1" xlink:title="Label : NumberOfPortTerminals to label_NumberOfPortTerminals_1" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfPortTerminals_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NumberOfPortTerminals_2" xml:lang="en-US" id="label_NumberOfPortTerminals_2">Number of Port Terminals</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfPortTerminals" xlink:to="label_NumberOfPortTerminals_2" xlink:title="Label : NumberOfPortTerminals to label_NumberOfPortTerminals_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DecreasePercentageOfSalesVolume" xlink:label="DecreasePercentageOfSalesVolume" xlink:title="DecreasePercentageOfSalesVolume" />
    <link:label xlink:type="resource" xlink:label="label_DecreasePercentageOfSalesVolume" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DecreasePercentageOfSalesVolume" xml:lang="en-US" id="label_DecreasePercentageOfSalesVolume">Decrease Percentage of Sales Volume</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecreasePercentageOfSalesVolume" xlink:to="label_DecreasePercentageOfSalesVolume" xlink:title="Label : DecreasePercentageOfSalesVolume to label_DecreasePercentageOfSalesVolume" />
    <link:label xlink:type="resource" xlink:label="label_DecreasePercentageOfSalesVolume_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DecreasePercentageOfSalesVolume_1" xml:lang="en-US" id="label_DecreasePercentageOfSalesVolume_1">Decrease percentage of sales volume</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecreasePercentageOfSalesVolume" xlink:to="label_DecreasePercentageOfSalesVolume_1" xlink:title="Label : DecreasePercentageOfSalesVolume to label_DecreasePercentageOfSalesVolume_1" />
    <link:label xlink:type="resource" xlink:label="label_DecreasePercentageOfSalesVolume_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DecreasePercentageOfSalesVolume_2" xml:lang="en-US" id="label_DecreasePercentageOfSalesVolume_2">The percentage of the entity's sales volume decreased in comparative period.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecreasePercentageOfSalesVolume" xlink:to="label_DecreasePercentageOfSalesVolume_2" xlink:title="Label : DecreasePercentageOfSalesVolume to label_DecreasePercentageOfSalesVolume_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DecreasePercentageOfGeneralAdministrativeAndSalesExpenses" xlink:label="DecreasePercentageOfGeneralAdministrativeAndSalesExpenses" xlink:title="DecreasePercentageOfGeneralAdministrativeAndSalesExpenses" />
    <link:label xlink:type="resource" xlink:label="label_DecreasePercentageOfGeneralAdministrativeAndSalesExpenses" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DecreasePercentageOfGeneralAdministrativeAndSalesExpenses" xml:lang="en-US" id="label_DecreasePercentageOfGeneralAdministrativeAndSalesExpenses">Decrease percentage of general, administrative and sales expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecreasePercentageOfGeneralAdministrativeAndSalesExpenses" xlink:to="label_DecreasePercentageOfGeneralAdministrativeAndSalesExpenses" xlink:title="Label : DecreasePercentageOfGeneralAdministrativeAndSalesExpenses to label_DecreasePercentageOfGeneralAdministrativeAndSalesExpenses" />
    <link:label xlink:type="resource" xlink:label="label_DecreasePercentageOfGeneralAdministrativeAndSalesExpenses_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DecreasePercentageOfGeneralAdministrativeAndSalesExpenses_1" xml:lang="en-US" id="label_DecreasePercentageOfGeneralAdministrativeAndSalesExpenses_1">Decrease percentage of general, administrative and sales expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecreasePercentageOfGeneralAdministrativeAndSalesExpenses" xlink:to="label_DecreasePercentageOfGeneralAdministrativeAndSalesExpenses_1" xlink:title="Label : DecreasePercentageOfGeneralAdministrativeAndSalesExpenses to label_DecreasePercentageOfGeneralAdministrativeAndSalesExpenses_1" />
    <link:label xlink:type="resource" xlink:label="label_DecreasePercentageOfGeneralAdministrativeAndSalesExpenses_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DecreasePercentageOfGeneralAdministrativeAndSalesExpenses_2" xml:lang="en-US" id="label_DecreasePercentageOfGeneralAdministrativeAndSalesExpenses_2">The percentage of the entity's general, administrative and sales expenses decreased in comparative period.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecreasePercentageOfGeneralAdministrativeAndSalesExpenses" xlink:to="label_DecreasePercentageOfGeneralAdministrativeAndSalesExpenses_2" xlink:title="Label : DecreasePercentageOfGeneralAdministrativeAndSalesExpenses to label_DecreasePercentageOfGeneralAdministrativeAndSalesExpenses_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_IncreasePercentageOfSalesVolume" xlink:label="IncreasePercentageOfSalesVolume" xlink:title="IncreasePercentageOfSalesVolume" />
    <link:label xlink:type="resource" xlink:label="label_IncreasePercentageOfSalesVolume" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreasePercentageOfSalesVolume" xml:lang="en-US" id="label_IncreasePercentageOfSalesVolume">Increase percentage of sales volume</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreasePercentageOfSalesVolume" xlink:to="label_IncreasePercentageOfSalesVolume" xlink:title="Label : IncreasePercentageOfSalesVolume to label_IncreasePercentageOfSalesVolume" />
    <link:label xlink:type="resource" xlink:label="label_IncreasePercentageOfSalesVolume_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IncreasePercentageOfSalesVolume_1" xml:lang="en-US" id="label_IncreasePercentageOfSalesVolume_1">Increase percentage of sales volume</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreasePercentageOfSalesVolume" xlink:to="label_IncreasePercentageOfSalesVolume_1" xlink:title="Label : IncreasePercentageOfSalesVolume to label_IncreasePercentageOfSalesVolume_1" />
    <link:label xlink:type="resource" xlink:label="label_IncreasePercentageOfSalesVolume_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_IncreasePercentageOfSalesVolume_2" xml:lang="en-US" id="label_IncreasePercentageOfSalesVolume_2">The percentage of the entity's sales volume increased in comparative period.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreasePercentageOfSalesVolume" xlink:to="label_IncreasePercentageOfSalesVolume_2" xlink:title="Label : IncreasePercentageOfSalesVolume to label_IncreasePercentageOfSalesVolume_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DecreasePercentageOfSales" xlink:label="DecreasePercentageOfSales" xlink:title="DecreasePercentageOfSales" />
    <link:label xlink:type="resource" xlink:label="label_DecreasePercentageOfSales" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DecreasePercentageOfSales" xml:lang="en-US" id="label_DecreasePercentageOfSales">Decrease Percentage of Sales</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecreasePercentageOfSales" xlink:to="label_DecreasePercentageOfSales" xlink:title="Label : DecreasePercentageOfSales to label_DecreasePercentageOfSales" />
    <link:label xlink:type="resource" xlink:label="label_DecreasePercentageOfSales_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DecreasePercentageOfSales_1" xml:lang="en-US" id="label_DecreasePercentageOfSales_1">The percentage of the entity's sales decreased in comparative period.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecreasePercentageOfSales" xlink:to="label_DecreasePercentageOfSales_1" xlink:title="Label : DecreasePercentageOfSales to label_DecreasePercentageOfSales_1" />
    <link:label xlink:type="resource" xlink:label="label_DecreasePercentageOfSales_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DecreasePercentageOfSales_2" xml:lang="en-US" id="label_DecreasePercentageOfSales_2">Decrease percentage of sales</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecreasePercentageOfSales" xlink:to="label_DecreasePercentageOfSales_2" xlink:title="Label : DecreasePercentageOfSales to label_DecreasePercentageOfSales_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable" xlink:label="DisclosureOfDetailedInformationAboutBorrowingsTable" xlink:title="DisclosureOfDetailedInformationAboutBorrowingsTable" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfDetailedInformationAboutBorrowingsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfDetailedInformationAboutBorrowingsTable" xml:lang="en-US" id="label_DisclosureOfDetailedInformationAboutBorrowingsTable">Disclosure of detailed information about borrowings [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutBorrowingsTable" xlink:to="label_DisclosureOfDetailedInformationAboutBorrowingsTable" xlink:title="Label : DisclosureOfDetailedInformationAboutBorrowingsTable to label_DisclosureOfDetailedInformationAboutBorrowingsTable" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_BorrowingsByNameAxis" xlink:label="BorrowingsByNameAxis" xlink:title="BorrowingsByNameAxis" />
    <link:label xlink:type="resource" xlink:label="label_BorrowingsByNameAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_BorrowingsByNameAxis" xml:lang="en-US" id="label_BorrowingsByNameAxis">Borrowings by name [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingsByNameAxis" xlink:to="label_BorrowingsByNameAxis" xlink:title="Label : BorrowingsByNameAxis to label_BorrowingsByNameAxis" />
    <link:label xlink:type="resource" xlink:label="label_BorrowingsByNameAxis_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_BorrowingsByNameAxis_1" xml:lang="en-US" id="label_BorrowingsByNameAxis_1">Borrowings by name [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingsByNameAxis" xlink:to="label_BorrowingsByNameAxis_1" xlink:title="Label : BorrowingsByNameAxis to label_BorrowingsByNameAxis_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_BorrowingsByNameMember" xlink:label="BorrowingsByNameMember" xlink:title="BorrowingsByNameMember" />
    <link:label xlink:type="resource" xlink:label="label_BorrowingsByNameMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_BorrowingsByNameMember" xml:lang="en-US" id="label_BorrowingsByNameMember">Borrowings by name [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingsByNameMember" xlink:to="label_BorrowingsByNameMember" xlink:title="Label : BorrowingsByNameMember to label_BorrowingsByNameMember" />
    <link:label xlink:type="resource" xlink:label="label_BorrowingsByNameMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_BorrowingsByNameMember_1" xml:lang="en-US" id="label_BorrowingsByNameMember_1">Borrowings by name [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingsByNameMember" xlink:to="label_BorrowingsByNameMember_1" xlink:title="Label : BorrowingsByNameMember to label_BorrowingsByNameMember_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_PromissoryNotesMember" xlink:label="PromissoryNotesMember" xlink:title="PromissoryNotesMember" />
    <link:label xlink:type="resource" xlink:label="label_PromissoryNotesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_PromissoryNotesMember" xml:lang="en-US" id="label_PromissoryNotesMember">This member stands for the information pertaining to promissory notes.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PromissoryNotesMember" xlink:to="label_PromissoryNotesMember" xlink:title="Label : PromissoryNotesMember to label_PromissoryNotesMember" />
    <link:label xlink:type="resource" xlink:label="label_PromissoryNotesMember_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PromissoryNotesMember_1" xml:lang="en-US" id="label_PromissoryNotesMember_1">Promissory Notes [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PromissoryNotesMember" xlink:to="label_PromissoryNotesMember_1" xlink:title="Label : PromissoryNotesMember to label_PromissoryNotesMember_1" />
    <link:label xlink:type="resource" xlink:label="label_PromissoryNotesMember_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_PromissoryNotesMember_2" xml:lang="en-US" id="label_PromissoryNotesMember_2">Promissory notes [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PromissoryNotesMember" xlink:to="label_PromissoryNotesMember_2" xlink:title="Label : PromissoryNotesMember to label_PromissoryNotesMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_BondsMaturingIn2029Member" xlink:label="BondsMaturingIn2029Member" xlink:title="BondsMaturingIn2029Member" />
    <link:label xlink:type="resource" xlink:label="label_BondsMaturingIn2029Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_BondsMaturingIn2029Member" xml:lang="en-US" id="label_BondsMaturingIn2029Member">This member stands for the information pertaining to bonds which is maturing in 2029.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BondsMaturingIn2029Member" xlink:to="label_BondsMaturingIn2029Member" xlink:title="Label : BondsMaturingIn2029Member to label_BondsMaturingIn2029Member" />
    <link:label xlink:type="resource" xlink:label="label_BondsMaturingIn2029Member_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_BondsMaturingIn2029Member_1" xml:lang="en-US" id="label_BondsMaturingIn2029Member_1">Bonds maturing in 2029 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BondsMaturingIn2029Member" xlink:to="label_BondsMaturingIn2029Member_1" xlink:title="Label : BondsMaturingIn2029Member to label_BondsMaturingIn2029Member_1" />
    <link:label xlink:type="resource" xlink:label="label_BondsMaturingIn2029Member_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_BondsMaturingIn2029Member_2" xml:lang="en-US" id="label_BondsMaturingIn2029Member_2">Bonds Maturing In 2029 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BondsMaturingIn2029Member" xlink:to="label_BondsMaturingIn2029Member_2" xlink:title="Label : BondsMaturingIn2029Member to label_BondsMaturingIn2029Member_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_SignificantInvestmentsInSubsidiariesAxis" xlink:label="SignificantInvestmentsInSubsidiariesAxis" xlink:title="SignificantInvestmentsInSubsidiariesAxis" />
    <link:label xlink:type="resource" xlink:label="label_SignificantInvestmentsInSubsidiariesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SignificantInvestmentsInSubsidiariesAxis" xml:lang="en-US" id="label_SignificantInvestmentsInSubsidiariesAxis">Subsidiaries [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SignificantInvestmentsInSubsidiariesAxis" xlink:to="label_SignificantInvestmentsInSubsidiariesAxis" xlink:title="Label : SignificantInvestmentsInSubsidiariesAxis to label_SignificantInvestmentsInSubsidiariesAxis" />
    <link:label xlink:type="resource" xlink:label="label_SignificantInvestmentsInSubsidiariesAxis_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_SignificantInvestmentsInSubsidiariesAxis_1" xml:lang="en-US" id="label_SignificantInvestmentsInSubsidiariesAxis_1">Subsidiaries [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SignificantInvestmentsInSubsidiariesAxis" xlink:to="label_SignificantInvestmentsInSubsidiariesAxis_1" xlink:title="Label : SignificantInvestmentsInSubsidiariesAxis to label_SignificantInvestmentsInSubsidiariesAxis_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_EntitysTotalForSubsidiariesMember" xlink:label="EntitysTotalForSubsidiariesMember" xlink:title="EntitysTotalForSubsidiariesMember" />
    <link:label xlink:type="resource" xlink:label="label_EntitysTotalForSubsidiariesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EntitysTotalForSubsidiariesMember" xml:lang="en-US" id="label_EntitysTotalForSubsidiariesMember">Entity's total for subsidiaries [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntitysTotalForSubsidiariesMember" xlink:to="label_EntitysTotalForSubsidiariesMember" xlink:title="Label : EntitysTotalForSubsidiariesMember to label_EntitysTotalForSubsidiariesMember" />
    <link:label xlink:type="resource" xlink:label="label_EntitysTotalForSubsidiariesMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_EntitysTotalForSubsidiariesMember_1" xml:lang="en-US" id="label_EntitysTotalForSubsidiariesMember_1">Entity's total for subsidiaries [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntitysTotalForSubsidiariesMember" xlink:to="label_EntitysTotalForSubsidiariesMember_1" xlink:title="Label : EntitysTotalForSubsidiariesMember to label_EntitysTotalForSubsidiariesMember_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_IpirangaProdutosdePetroleoSAMember" xlink:label="IpirangaProdutosdePetroleoSAMember" xlink:title="IpirangaProdutosdePetroleoSAMember" />
    <link:label xlink:type="resource" xlink:label="label_IpirangaProdutosdePetroleoSAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IpirangaProdutosdePetroleoSAMember" xml:lang="en-US" id="label_IpirangaProdutosdePetroleoSAMember">IPP [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IpirangaProdutosdePetroleoSAMember" xlink:to="label_IpirangaProdutosdePetroleoSAMember" xlink:title="Label : IpirangaProdutosdePetroleoSAMember to label_IpirangaProdutosdePetroleoSAMember" />
    <link:label xlink:type="resource" xlink:label="label_IpirangaProdutosdePetroleoSAMember_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_IpirangaProdutosdePetroleoSAMember_1" xml:lang="en-US" id="label_IpirangaProdutosdePetroleoSAMember_1">Empreendimentos Pague Menos S.A.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IpirangaProdutosdePetroleoSAMember" xlink:to="label_IpirangaProdutosdePetroleoSAMember_1" xlink:title="Label : IpirangaProdutosdePetroleoSAMember to label_IpirangaProdutosdePetroleoSAMember_1" />
    <link:label xlink:type="resource" xlink:label="label_IpirangaProdutosdePetroleoSAMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_IpirangaProdutosdePetroleoSAMember_2" xml:lang="en-US" id="label_IpirangaProdutosdePetroleoSAMember_2">This member stands for the information pertaining to Ipiranga Produtos de Petroleo S.A. (IPP).</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IpirangaProdutosdePetroleoSAMember" xlink:to="label_IpirangaProdutosdePetroleoSAMember_2" xlink:title="Label : IpirangaProdutosdePetroleoSAMember to label_IpirangaProdutosdePetroleoSAMember_2" />
    <link:label xlink:type="resource" xlink:label="label_IpirangaProdutosdePetroleoSAMember_3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IpirangaProdutosdePetroleoSAMember_3" xml:lang="en-US" id="label_IpirangaProdutosdePetroleoSAMember_3">Ipiranga Produtosde Petroleo S A [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IpirangaProdutosdePetroleoSAMember" xlink:to="label_IpirangaProdutosdePetroleoSAMember_3" xlink:title="Label : IpirangaProdutosdePetroleoSAMember to label_IpirangaProdutosdePetroleoSAMember_3" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:label="DisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:title="DisclosureOfDetailedInformationAboutBorrowingsLineItems" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfDetailedInformationAboutBorrowingsLineItems" xml:lang="en-US" id="label_DisclosureOfDetailedInformationAboutBorrowingsLineItems">Disclosure of detailed information about borrowings [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="label_DisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:title="Label : DisclosureOfDetailedInformationAboutBorrowingsLineItems to label_DisclosureOfDetailedInformationAboutBorrowingsLineItems" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfDetailedInformationAboutBorrowingsLineItems_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DisclosureOfDetailedInformationAboutBorrowingsLineItems_1" xml:lang="en-US" id="label_DisclosureOfDetailedInformationAboutBorrowingsLineItems_1">Summary of loans debentures and finance leases [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="label_DisclosureOfDetailedInformationAboutBorrowingsLineItems_1" xlink:title="Label : DisclosureOfDetailedInformationAboutBorrowingsLineItems to label_DisclosureOfDetailedInformationAboutBorrowingsLineItems_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NotionalAmount" xlink:label="NotionalAmount" xlink:title="NotionalAmount" />
    <link:label xlink:type="resource" xlink:label="label_NotionalAmount" xlink:role="http://www.xbrl.org/2003/role/positiveTerseLabel" xlink:title="label_NotionalAmount" xml:lang="en-US" id="label_NotionalAmount">Amount:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotionalAmount" xlink:to="label_NotionalAmount" xlink:title="Label : NotionalAmount to label_NotionalAmount" />
    <link:label xlink:type="resource" xlink:label="label_NotionalAmount_1" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xlink:title="label_NotionalAmount_1" xml:lang="en-US" id="label_NotionalAmount_1">Borrowings</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotionalAmount" xlink:to="label_NotionalAmount_1" xlink:title="Label : NotionalAmount to label_NotionalAmount_1" />
    <link:label xlink:type="resource" xlink:label="label_NotionalAmount_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NotionalAmount_2" xml:lang="en-US" id="label_NotionalAmount_2">Notional amount &#x2013; US$</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotionalAmount" xlink:to="label_NotionalAmount_2" xlink:title="Label : NotionalAmount to label_NotionalAmount_2" />
    <link:label xlink:type="resource" xlink:label="label_NotionalAmount_3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NotionalAmount_3" xml:lang="en-US" id="label_NotionalAmount_3">Notional amount</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotionalAmount" xlink:to="label_NotionalAmount_3" xlink:title="Label : NotionalAmount to label_NotionalAmount_3" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_BorrowingsMaturityPeriod" xlink:label="BorrowingsMaturityPeriod" xlink:title="BorrowingsMaturityPeriod" />
    <link:label xlink:type="resource" xlink:label="label_BorrowingsMaturityPeriod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_BorrowingsMaturityPeriod" xml:lang="en-US" id="label_BorrowingsMaturityPeriod">Borrowings Maturity Period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingsMaturityPeriod" xlink:to="label_BorrowingsMaturityPeriod" xlink:title="Label : BorrowingsMaturityPeriod to label_BorrowingsMaturityPeriod" />
    <link:label xlink:type="resource" xlink:label="label_BorrowingsMaturityPeriod_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_BorrowingsMaturityPeriod_1" xml:lang="en-US" id="label_BorrowingsMaturityPeriod_1">The maturity period of borrowings obtained.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingsMaturityPeriod" xlink:to="label_BorrowingsMaturityPeriod_1" xlink:title="Label : BorrowingsMaturityPeriod to label_BorrowingsMaturityPeriod_1" />
    <link:label xlink:type="resource" xlink:label="label_BorrowingsMaturityPeriod_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_BorrowingsMaturityPeriod_2" xml:lang="en-US" id="label_BorrowingsMaturityPeriod_2">Borrowings, maturity period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingsMaturityPeriod" xlink:to="label_BorrowingsMaturityPeriod_2" xlink:title="Label : BorrowingsMaturityPeriod to label_BorrowingsMaturityPeriod_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ProceedsFromIssueOfBondsNotesAndDebentures" xlink:label="ProceedsFromIssueOfBondsNotesAndDebentures" xlink:title="ProceedsFromIssueOfBondsNotesAndDebentures" />
    <link:label xlink:type="resource" xlink:label="label_ProceedsFromIssueOfBondsNotesAndDebentures" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ProceedsFromIssueOfBondsNotesAndDebentures" xml:lang="en-US" id="label_ProceedsFromIssueOfBondsNotesAndDebentures">Proceeds from issue of bonds, notes and debentures</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromIssueOfBondsNotesAndDebentures" xlink:to="label_ProceedsFromIssueOfBondsNotesAndDebentures" xlink:title="Label : ProceedsFromIssueOfBondsNotesAndDebentures to label_ProceedsFromIssueOfBondsNotesAndDebentures" />
    <link:label xlink:type="resource" xlink:label="label_ProceedsFromIssueOfBondsNotesAndDebentures_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ProceedsFromIssueOfBondsNotesAndDebentures_1" xml:lang="en-US" id="label_ProceedsFromIssueOfBondsNotesAndDebentures_1">Proceeds through the issuance of borrowings</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromIssueOfBondsNotesAndDebentures" xlink:to="label_ProceedsFromIssueOfBondsNotesAndDebentures_1" xlink:title="Label : ProceedsFromIssueOfBondsNotesAndDebentures to label_ProceedsFromIssueOfBondsNotesAndDebentures_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RepaymentsOfBondsNotesAndDebentures" xlink:label="RepaymentsOfBondsNotesAndDebentures" xlink:title="RepaymentsOfBondsNotesAndDebentures" />
    <link:label xlink:type="resource" xlink:label="label_RepaymentsOfBondsNotesAndDebentures" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_RepaymentsOfBondsNotesAndDebentures" xml:lang="en-US" id="label_RepaymentsOfBondsNotesAndDebentures">Repayments of borrowings</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RepaymentsOfBondsNotesAndDebentures" xlink:to="label_RepaymentsOfBondsNotesAndDebentures" xlink:title="Label : RepaymentsOfBondsNotesAndDebentures to label_RepaymentsOfBondsNotesAndDebentures" />
    <link:label xlink:type="resource" xlink:label="label_RepaymentsOfBondsNotesAndDebentures_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RepaymentsOfBondsNotesAndDebentures_1" xml:lang="en-US" id="label_RepaymentsOfBondsNotesAndDebentures_1">Repayments of bonds, notes and debentures</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RepaymentsOfBondsNotesAndDebentures" xlink:to="label_RepaymentsOfBondsNotesAndDebentures_1" xlink:title="Label : RepaymentsOfBondsNotesAndDebentures to label_RepaymentsOfBondsNotesAndDebentures_1" />
    <link:label xlink:type="resource" xlink:label="label_RepaymentsOfBondsNotesAndDebentures_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_RepaymentsOfBondsNotesAndDebentures_2" xml:lang="en-US" id="label_RepaymentsOfBondsNotesAndDebentures_2">Loans paid off in advance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RepaymentsOfBondsNotesAndDebentures" xlink:to="label_RepaymentsOfBondsNotesAndDebentures_2" xlink:title="Label : RepaymentsOfBondsNotesAndDebentures to label_RepaymentsOfBondsNotesAndDebentures_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DecreasePercentageOfInvestmentPlan" xlink:label="DecreasePercentageOfInvestmentPlan" xlink:title="DecreasePercentageOfInvestmentPlan" />
    <link:label xlink:type="resource" xlink:label="label_DecreasePercentageOfInvestmentPlan" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DecreasePercentageOfInvestmentPlan" xml:lang="en-US" id="label_DecreasePercentageOfInvestmentPlan">Decrease Percentage of Investment Plan</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecreasePercentageOfInvestmentPlan" xlink:to="label_DecreasePercentageOfInvestmentPlan" xlink:title="Label : DecreasePercentageOfInvestmentPlan to label_DecreasePercentageOfInvestmentPlan" />
    <link:label xlink:type="resource" xlink:label="label_DecreasePercentageOfInvestmentPlan_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DecreasePercentageOfInvestmentPlan_1" xml:lang="en-US" id="label_DecreasePercentageOfInvestmentPlan_1">The percentage of the entity's investment plan decreased due to cash containment measurement applied by the reporting entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecreasePercentageOfInvestmentPlan" xlink:to="label_DecreasePercentageOfInvestmentPlan_1" xlink:title="Label : DecreasePercentageOfInvestmentPlan to label_DecreasePercentageOfInvestmentPlan_1" />
    <link:label xlink:type="resource" xlink:label="label_DecreasePercentageOfInvestmentPlan_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DecreasePercentageOfInvestmentPlan_2" xml:lang="en-US" id="label_DecreasePercentageOfInvestmentPlan_2">Decrease percentage of investment plan</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecreasePercentageOfInvestmentPlan" xlink:to="label_DecreasePercentageOfInvestmentPlan_2" xlink:title="Label : DecreasePercentageOfInvestmentPlan to label_DecreasePercentageOfInvestmentPlan_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_BorrowingsInterestRate" xlink:label="BorrowingsInterestRate" xlink:title="BorrowingsInterestRate" />
    <link:label xlink:type="resource" xlink:label="label_BorrowingsInterestRate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_BorrowingsInterestRate" xml:lang="en-US" id="label_BorrowingsInterestRate">Interest rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingsInterestRate" xlink:to="label_BorrowingsInterestRate" xlink:title="Label : BorrowingsInterestRate to label_BorrowingsInterestRate" />
    <link:label xlink:type="resource" xlink:label="label_BorrowingsInterestRate_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_BorrowingsInterestRate_1" xml:lang="en-US" id="label_BorrowingsInterestRate_1">Borrowings, interest rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingsInterestRate" xlink:to="label_BorrowingsInterestRate_1" xlink:title="Label : BorrowingsInterestRate to label_BorrowingsInterestRate_1" />
    <link:label xlink:type="resource" xlink:label="label_BorrowingsInterestRate_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_BorrowingsInterestRate_2" xml:lang="en-US" id="label_BorrowingsInterestRate_2">Borrowings, coupon rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingsInterestRate" xlink:to="label_BorrowingsInterestRate_2" xlink:title="Label : BorrowingsInterestRate to label_BorrowingsInterestRate_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesTable" xlink:label="BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesTable" xlink:title="BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesTable" />
    <link:label xlink:type="resource" xlink:label="label_BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesTable" xml:lang="en-US" id="label_BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesTable">Basis Of Presentation And Summary Of Significant Accounting Policies [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesTable" xlink:to="label_BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesTable" xlink:title="Label : BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesTable to label_BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesTable" />
    <link:label xlink:type="resource" xlink:label="label_BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesTable_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesTable_1" xml:lang="en-US" id="label_BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesTable_1">Basis Of Presentation And Summary Of Significant Accounting Policies [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesTable" xlink:to="label_BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesTable_1" xlink:title="Label : BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesTable to label_BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesTable_1" />
    <link:label xlink:type="resource" xlink:label="label_BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesTable_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesTable_2" xml:lang="en-US" id="label_BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesTable_2">Basis Of Presentation And Summary Of Significant Accounting Policies [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesTable" xlink:to="label_BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesTable_2" xlink:title="Label : BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesTable to label_BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesTable_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RangeAxis" xlink:label="RangeAxis" xlink:title="RangeAxis" />
    <link:label xlink:type="resource" xlink:label="label_RangeAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RangeAxis" xml:lang="en-US" id="label_RangeAxis">Range [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RangeAxis" xlink:to="label_RangeAxis" xlink:title="Label : RangeAxis to label_RangeAxis" />
    <link:label xlink:type="resource" xlink:label="label_RangeAxis_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_RangeAxis_1" xml:lang="en-US" id="label_RangeAxis_1">Range [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RangeAxis" xlink:to="label_RangeAxis_1" xlink:title="Label : RangeAxis to label_RangeAxis_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RangesMember" xlink:label="RangesMember" xlink:title="RangesMember" />
    <link:label xlink:type="resource" xlink:label="label_RangesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RangesMember" xml:lang="en-US" id="label_RangesMember">Ranges [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RangesMember" xlink:to="label_RangesMember" xlink:title="Label : RangesMember to label_RangesMember" />
    <link:label xlink:type="resource" xlink:label="label_RangesMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_RangesMember_1" xml:lang="en-US" id="label_RangesMember_1">Ranges [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RangesMember" xlink:to="label_RangesMember_1" xlink:title="Label : RangesMember to label_RangesMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_BottomOfRangeMember" xlink:label="BottomOfRangeMember" xlink:title="BottomOfRangeMember" />
    <link:label xlink:type="resource" xlink:label="label_BottomOfRangeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_BottomOfRangeMember" xml:lang="en-US" id="label_BottomOfRangeMember">Bottom of range [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BottomOfRangeMember" xlink:to="label_BottomOfRangeMember" xlink:title="Label : BottomOfRangeMember to label_BottomOfRangeMember" />
    <link:label xlink:type="resource" xlink:label="label_BottomOfRangeMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_BottomOfRangeMember_1" xml:lang="en-US" id="label_BottomOfRangeMember_1">Bottom of range [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BottomOfRangeMember" xlink:to="label_BottomOfRangeMember_1" xlink:title="Label : BottomOfRangeMember to label_BottomOfRangeMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_TopOfRangeMember" xlink:label="TopOfRangeMember" xlink:title="TopOfRangeMember" />
    <link:label xlink:type="resource" xlink:label="label_TopOfRangeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TopOfRangeMember" xml:lang="en-US" id="label_TopOfRangeMember">Top of range [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TopOfRangeMember" xlink:to="label_TopOfRangeMember" xlink:title="Label : TopOfRangeMember to label_TopOfRangeMember" />
    <link:label xlink:type="resource" xlink:label="label_TopOfRangeMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TopOfRangeMember_1" xml:lang="en-US" id="label_TopOfRangeMember_1">Top of range [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TopOfRangeMember" xlink:to="label_TopOfRangeMember_1" xlink:title="Label : TopOfRangeMember to label_TopOfRangeMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_WeightedAverageMember" xlink:label="WeightedAverageMember" xlink:title="WeightedAverageMember" />
    <link:label xlink:type="resource" xlink:label="label_WeightedAverageMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_WeightedAverageMember" xml:lang="en-US" id="label_WeightedAverageMember">Weighted average [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WeightedAverageMember" xlink:to="label_WeightedAverageMember" xlink:title="Label : WeightedAverageMember to label_WeightedAverageMember" />
    <link:label xlink:type="resource" xlink:label="label_WeightedAverageMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_WeightedAverageMember_1" xml:lang="en-US" id="label_WeightedAverageMember_1">Weighted average [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WeightedAverageMember" xlink:to="label_WeightedAverageMember_1" xlink:title="Label : WeightedAverageMember to label_WeightedAverageMember_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_TaxesAxis" xlink:label="TaxesAxis" xlink:title="TaxesAxis" />
    <link:label xlink:type="resource" xlink:label="label_TaxesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TaxesAxis" xml:lang="en-US" id="label_TaxesAxis">Taxes [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxesAxis" xlink:to="label_TaxesAxis" xlink:title="Label : TaxesAxis to label_TaxesAxis" />
    <link:label xlink:type="resource" xlink:label="label_TaxesAxis_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TaxesAxis_1" xml:lang="en-US" id="label_TaxesAxis_1">Taxes [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxesAxis" xlink:to="label_TaxesAxis_1" xlink:title="Label : TaxesAxis to label_TaxesAxis_1" />
    <link:label xlink:type="resource" xlink:label="label_TaxesAxis_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_TaxesAxis_2" xml:lang="en-US" id="label_TaxesAxis_2">Taxes [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxesAxis" xlink:to="label_TaxesAxis_2" xlink:title="Label : TaxesAxis to label_TaxesAxis_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_TaxesDomain" xlink:label="TaxesDomain" xlink:title="TaxesDomain" />
    <link:label xlink:type="resource" xlink:label="label_TaxesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TaxesDomain" xml:lang="en-US" id="label_TaxesDomain">Taxes [domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxesDomain" xlink:to="label_TaxesDomain" xlink:title="Label : TaxesDomain to label_TaxesDomain" />
    <link:label xlink:type="resource" xlink:label="label_TaxesDomain_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TaxesDomain_1" xml:lang="en-US" id="label_TaxesDomain_1">Taxes [domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxesDomain" xlink:to="label_TaxesDomain_1" xlink:title="Label : TaxesDomain to label_TaxesDomain_1" />
    <link:label xlink:type="resource" xlink:label="label_TaxesDomain_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_TaxesDomain_2" xml:lang="en-US" id="label_TaxesDomain_2">Taxes [domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxesDomain" xlink:to="label_TaxesDomain_2" xlink:title="Label : TaxesDomain to label_TaxesDomain_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_IRPJMember" xlink:label="IRPJMember" xlink:title="IRPJMember" />
    <link:label xlink:type="resource" xlink:label="label_IRPJMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IRPJMember" xml:lang="en-US" id="label_IRPJMember">I R P J [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IRPJMember" xlink:to="label_IRPJMember" xlink:title="Label : IRPJMember to label_IRPJMember" />
    <link:label xlink:type="resource" xlink:label="label_IRPJMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IRPJMember_1" xml:lang="en-US" id="label_IRPJMember_1">IRPJ [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IRPJMember" xlink:to="label_IRPJMember_1" xlink:title="Label : IRPJMember to label_IRPJMember_1" />
    <link:label xlink:type="resource" xlink:label="label_IRPJMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_IRPJMember_2" xml:lang="en-US" id="label_IRPJMember_2">This member stands for the information pertaining to current and deferred income tax (IRPJ).</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IRPJMember" xlink:to="label_IRPJMember_2" xlink:title="Label : IRPJMember to label_IRPJMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_CSLLMember" xlink:label="CSLLMember" xlink:title="CSLLMember" />
    <link:label xlink:type="resource" xlink:label="label_CSLLMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_CSLLMember" xml:lang="en-US" id="label_CSLLMember">This member stands for the information pertaining to social contribution on net income tax (CSLL).</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CSLLMember" xlink:to="label_CSLLMember" xlink:title="Label : CSLLMember to label_CSLLMember" />
    <link:label xlink:type="resource" xlink:label="label_CSLLMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CSLLMember_1" xml:lang="en-US" id="label_CSLLMember_1">CSLL [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CSLLMember" xlink:to="label_CSLLMember_1" xlink:title="Label : CSLLMember to label_CSLLMember_1" />
    <link:label xlink:type="resource" xlink:label="label_CSLLMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CSLLMember_2" xml:lang="en-US" id="label_CSLLMember_2">C S L L [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CSLLMember" xlink:to="label_CSLLMember_2" xlink:title="Label : CSLLMember to label_CSLLMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesLineItems" xlink:label="BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesLineItems" xlink:title="BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesLineItems" />
    <link:label xlink:type="resource" xlink:label="label_BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesLineItems" xml:lang="en-US" id="label_BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesLineItems">Basis Of Presentation And Summary Of Significant Accounting Policies [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesLineItems" xlink:to="label_BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesLineItems" xlink:title="Label : BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesLineItems to label_BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesLineItems" />
    <link:label xlink:type="resource" xlink:label="label_BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesLineItems_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesLineItems_1" xml:lang="en-US" id="label_BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesLineItems_1">Basis Of Presentation And Summary Of Significant Accounting Policies [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesLineItems" xlink:to="label_BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesLineItems_1" xlink:title="Label : BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesLineItems to label_BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesLineItems_1" />
    <link:label xlink:type="resource" xlink:label="label_BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesLineItems_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesLineItems_2" xml:lang="en-US" id="label_BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesLineItems_2">Basis of presentation and summary of significant accounting policies.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesLineItems" xlink:to="label_BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesLineItems_2" xlink:title="Label : BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesLineItems to label_BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesLineItems_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_TermsOfResellerFinancing" xlink:label="TermsOfResellerFinancing" xlink:title="TermsOfResellerFinancing" />
    <link:label xlink:type="resource" xlink:label="label_TermsOfResellerFinancing" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_TermsOfResellerFinancing" xml:lang="en-US" id="label_TermsOfResellerFinancing">The contract term of reseller financing.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TermsOfResellerFinancing" xlink:to="label_TermsOfResellerFinancing" xlink:title="Label : TermsOfResellerFinancing to label_TermsOfResellerFinancing" />
    <link:label xlink:type="resource" xlink:label="label_TermsOfResellerFinancing_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TermsOfResellerFinancing_1" xml:lang="en-US" id="label_TermsOfResellerFinancing_1">Terms of reseller financing</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TermsOfResellerFinancing" xlink:to="label_TermsOfResellerFinancing_1" xlink:title="Label : TermsOfResellerFinancing to label_TermsOfResellerFinancing_1" />
    <link:label xlink:type="resource" xlink:label="label_TermsOfResellerFinancing_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TermsOfResellerFinancing_2" xml:lang="en-US" id="label_TermsOfResellerFinancing_2">Terms of reseller financing</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TermsOfResellerFinancing" xlink:to="label_TermsOfResellerFinancing_2" xlink:title="Label : TermsOfResellerFinancing to label_TermsOfResellerFinancing_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ResellerFinancingRatePerMonth" xlink:label="ResellerFinancingRatePerMonth" xlink:title="ResellerFinancingRatePerMonth" />
    <link:label xlink:type="resource" xlink:label="label_ResellerFinancingRatePerMonth" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ResellerFinancingRatePerMonth" xml:lang="en-US" id="label_ResellerFinancingRatePerMonth">The percentage of reseller financing rate per month.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ResellerFinancingRatePerMonth" xlink:to="label_ResellerFinancingRatePerMonth" xlink:title="Label : ResellerFinancingRatePerMonth to label_ResellerFinancingRatePerMonth" />
    <link:label xlink:type="resource" xlink:label="label_ResellerFinancingRatePerMonth_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ResellerFinancingRatePerMonth_1" xml:lang="en-US" id="label_ResellerFinancingRatePerMonth_1">Reseller financing rate per month</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ResellerFinancingRatePerMonth" xlink:to="label_ResellerFinancingRatePerMonth_1" xlink:title="Label : ResellerFinancingRatePerMonth to label_ResellerFinancingRatePerMonth_1" />
    <link:label xlink:type="resource" xlink:label="label_ResellerFinancingRatePerMonth_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ResellerFinancingRatePerMonth_2" xml:lang="en-US" id="label_ResellerFinancingRatePerMonth_2">Reseller financing rate per month</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ResellerFinancingRatePerMonth" xlink:to="label_ResellerFinancingRatePerMonth_2" xlink:title="Label : ResellerFinancingRatePerMonth to label_ResellerFinancingRatePerMonth_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ApplicableTaxRate" xlink:label="ApplicableTaxRate" xlink:title="ApplicableTaxRate" />
    <link:label xlink:type="resource" xlink:label="label_ApplicableTaxRate" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_ApplicableTaxRate" xml:lang="en-US" id="label_ApplicableTaxRate">Statutory tax rates in Brazil</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ApplicableTaxRate" xlink:to="label_ApplicableTaxRate" xlink:title="Label : ApplicableTaxRate to label_ApplicableTaxRate" />
    <link:label xlink:type="resource" xlink:label="label_ApplicableTaxRate_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ApplicableTaxRate_1" xml:lang="en-US" id="label_ApplicableTaxRate_1">Applicable tax rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ApplicableTaxRate" xlink:to="label_ApplicableTaxRate_1" xlink:title="Label : ApplicableTaxRate to label_ApplicableTaxRate_1" />
    <link:label xlink:type="resource" xlink:label="label_ApplicableTaxRate_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ApplicableTaxRate_2" xml:lang="en-US" id="label_ApplicableTaxRate_2">Statutory tax rates &#x2013; %</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ApplicableTaxRate" xlink:to="label_ApplicableTaxRate_2" xlink:title="Label : ApplicableTaxRate to label_ApplicableTaxRate_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ResearchAndDevelopmentExpense" xlink:label="ResearchAndDevelopmentExpense" xlink:title="ResearchAndDevelopmentExpense" />
    <link:label xlink:type="resource" xlink:label="label_ResearchAndDevelopmentExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ResearchAndDevelopmentExpense" xml:lang="en-US" id="label_ResearchAndDevelopmentExpense">Research and development expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ResearchAndDevelopmentExpense" xlink:to="label_ResearchAndDevelopmentExpense" xlink:title="Label : ResearchAndDevelopmentExpense to label_ResearchAndDevelopmentExpense" />
    <link:label xlink:type="resource" xlink:label="label_ResearchAndDevelopmentExpense_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ResearchAndDevelopmentExpense_1" xml:lang="en-US" id="label_ResearchAndDevelopmentExpense_1">Research and development expense recognized</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ResearchAndDevelopmentExpense" xlink:to="label_ResearchAndDevelopmentExpense_1" xlink:title="Label : ResearchAndDevelopmentExpense to label_ResearchAndDevelopmentExpense_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsBeforeTax" xlink:label="GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsBeforeTax" xlink:title="GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsBeforeTax" />
    <link:label xlink:type="resource" xlink:label="label_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsBeforeTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsBeforeTax" xml:lang="en-US" id="label_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsBeforeTax">Gains (losses) on hedges of net investments in foreign operations, before tax</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsBeforeTax" xlink:to="label_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsBeforeTax" xlink:title="Label : GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsBeforeTax to label_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsBeforeTax" />
    <link:label xlink:type="resource" xlink:label="label_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsBeforeTax_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsBeforeTax_1" xml:lang="en-US" id="label_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsBeforeTax_1">Gains and losses from changes in foreign investments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsBeforeTax" xlink:to="label_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsBeforeTax_1" xlink:title="Label : GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsBeforeTax to label_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsBeforeTax_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16" xlink:label="WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16" xlink:title="WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16" />
    <link:label xlink:type="resource" xlink:label="label_WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16" xml:lang="en-US" id="label_WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16">Nominal discount rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16" xlink:to="label_WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16" xlink:title="Label : WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16 to label_WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16" />
    <link:label xlink:type="resource" xlink:label="label_WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_1" xml:lang="en-US" id="label_WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_1">Weighted average lessee's incremental borrowing rate applied to lease liabilities recognised at date of initial application of IFRS 16</link:label>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfChangesInAccountingEstimatesTable" xlink:to="label_DisclosureOfChangesInAccountingEstimatesTable" xlink:title="Label : DisclosureOfChangesInAccountingEstimatesTable to label_DisclosureOfChangesInAccountingEstimatesTable" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfChangesInAccountingEstimatesTable" xlink:to="label_DisclosureOfChangesInAccountingEstimatesTable_1" xlink:title="Label : DisclosureOfChangesInAccountingEstimatesTable to label_DisclosureOfChangesInAccountingEstimatesTable_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_InitiallyAppliedIFRSsAxis" xlink:label="InitiallyAppliedIFRSsAxis" xlink:title="InitiallyAppliedIFRSsAxis" />
    <link:label xlink:type="resource" xlink:label="label_InitiallyAppliedIFRSsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_InitiallyAppliedIFRSsAxis" xml:lang="en-US" id="label_InitiallyAppliedIFRSsAxis">Initially applied IFRSs [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InitiallyAppliedIFRSsAxis" xlink:to="label_InitiallyAppliedIFRSsAxis" xlink:title="Label : InitiallyAppliedIFRSsAxis to label_InitiallyAppliedIFRSsAxis" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_InitiallyAppliedIFRSsMember" xlink:label="InitiallyAppliedIFRSsMember" xlink:title="InitiallyAppliedIFRSsMember" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InitiallyAppliedIFRSsMember" xlink:to="label_InitiallyAppliedIFRSsMember" xlink:title="Label : InitiallyAppliedIFRSsMember to label_InitiallyAppliedIFRSsMember" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_IFRS16Member" xlink:label="IFRS16Member" xlink:title="IFRS16Member" />
    <link:label xlink:type="resource" xlink:label="label_IFRS16Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IFRS16Member" xml:lang="en-US" id="label_IFRS16Member">IFRS 16 [Member]</link:label>
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    <link:label xlink:type="resource" xlink:label="label_IFRS16Member_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_IFRS16Member_2" xml:lang="en-US" id="label_IFRS16Member_2">This member stands for the information pertaining to IFRS 16.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IFRS16Member" xlink:to="label_IFRS16Member_2" xlink:title="Label : IFRS16Member to label_IFRS16Member_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CumulativeEffectAtDateOfInitialApplicationAxis" xlink:label="CumulativeEffectAtDateOfInitialApplicationAxis" xlink:title="CumulativeEffectAtDateOfInitialApplicationAxis" />
    <link:label xlink:type="resource" xlink:label="label_CumulativeEffectAtDateOfInitialApplicationAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CumulativeEffectAtDateOfInitialApplicationAxis" xml:lang="en-US" id="label_CumulativeEffectAtDateOfInitialApplicationAxis">Cumulative effect at date of initial application [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CumulativeEffectAtDateOfInitialApplicationAxis" xlink:to="label_CumulativeEffectAtDateOfInitialApplicationAxis" xlink:title="Label : CumulativeEffectAtDateOfInitialApplicationAxis to label_CumulativeEffectAtDateOfInitialApplicationAxis" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OpeningBalanceBeforeAdjustmentCumulativeEffectAtDateOfInitialApplicationMember" xlink:label="OpeningBalanceBeforeAdjustmentCumulativeEffectAtDateOfInitialApplicationMember" xlink:title="OpeningBalanceBeforeAdjustmentCumulativeEffectAtDateOfInitialApplicationMember" />
    <link:label xlink:type="resource" xlink:label="label_OpeningBalanceBeforeAdjustmentCumulativeEffectAtDateOfInitialApplicationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OpeningBalanceBeforeAdjustmentCumulativeEffectAtDateOfInitialApplicationMember" xml:lang="en-US" id="label_OpeningBalanceBeforeAdjustmentCumulativeEffectAtDateOfInitialApplicationMember">Opening balance before adjustment, cumulative effect at date of initial application [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OpeningBalanceBeforeAdjustmentCumulativeEffectAtDateOfInitialApplicationMember" xlink:to="label_OpeningBalanceBeforeAdjustmentCumulativeEffectAtDateOfInitialApplicationMember" xlink:title="Label : OpeningBalanceBeforeAdjustmentCumulativeEffectAtDateOfInitialApplicationMember to label_OpeningBalanceBeforeAdjustmentCumulativeEffectAtDateOfInitialApplicationMember" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IncreaseDecreaseDueToChangesInAccountingPolicyRequiredByIFRSsCumulativeEffectAtDateOfInitialApplicationMember" xlink:label="IncreaseDecreaseDueToChangesInAccountingPolicyRequiredByIFRSsCumulativeEffectAtDateOfInitialApplicationMember" xlink:title="IncreaseDecreaseDueToChangesInAccountingPolicyRequiredByIFRSsCumulativeEffectAtDateOfInitialApplicationMember" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseDueToChangesInAccountingPolicyRequiredByIFRSsCumulativeEffectAtDateOfInitialApplicationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseDecreaseDueToChangesInAccountingPolicyRequiredByIFRSsCumulativeEffectAtDateOfInitialApplicationMember" xml:lang="en-US" id="label_IncreaseDecreaseDueToChangesInAccountingPolicyRequiredByIFRSsCumulativeEffectAtDateOfInitialApplicationMember">Increase (decrease) due to changes in accounting policy required by IFRSs, cumulative effect at date of initial application [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseDueToChangesInAccountingPolicyRequiredByIFRSsCumulativeEffectAtDateOfInitialApplicationMember" xlink:to="label_IncreaseDecreaseDueToChangesInAccountingPolicyRequiredByIFRSsCumulativeEffectAtDateOfInitialApplicationMember" xlink:title="Label : IncreaseDecreaseDueToChangesInAccountingPolicyRequiredByIFRSsCumulativeEffectAtDateOfInitialApplicationMember to label_IncreaseDecreaseDueToChangesInAccountingPolicyRequiredByIFRSsCumulativeEffectAtDateOfInitialApplicationMember" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseDueToChangesInAccountingPolicyRequiredByIFRSsCumulativeEffectAtDateOfInitialApplicationMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IncreaseDecreaseDueToChangesInAccountingPolicyRequiredByIFRSsCumulativeEffectAtDateOfInitialApplicationMember_1" xml:lang="en-US" id="label_IncreaseDecreaseDueToChangesInAccountingPolicyRequiredByIFRSsCumulativeEffectAtDateOfInitialApplicationMember_1">Increase (decrease) due to changes in accounting policy [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseDueToChangesInAccountingPolicyRequiredByIFRSsCumulativeEffectAtDateOfInitialApplicationMember" xlink:to="label_IncreaseDecreaseDueToChangesInAccountingPolicyRequiredByIFRSsCumulativeEffectAtDateOfInitialApplicationMember_1" xlink:title="Label : IncreaseDecreaseDueToChangesInAccountingPolicyRequiredByIFRSsCumulativeEffectAtDateOfInitialApplicationMember to label_IncreaseDecreaseDueToChangesInAccountingPolicyRequiredByIFRSsCumulativeEffectAtDateOfInitialApplicationMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfChangesInAccountingEstimatesLineItems" xlink:label="DisclosureOfChangesInAccountingEstimatesLineItems" xlink:title="DisclosureOfChangesInAccountingEstimatesLineItems" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfChangesInAccountingEstimatesLineItems" xlink:to="label_DisclosureOfChangesInAccountingEstimatesLineItems" xlink:title="Label : DisclosureOfChangesInAccountingEstimatesLineItems to label_DisclosureOfChangesInAccountingEstimatesLineItems" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfChangesInAccountingEstimatesLineItems_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DisclosureOfChangesInAccountingEstimatesLineItems_1" xml:lang="en-US" id="label_DisclosureOfChangesInAccountingEstimatesLineItems_1">Disclosure of changes in accounting estimates [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfChangesInAccountingEstimatesLineItems" xlink:to="label_DisclosureOfChangesInAccountingEstimatesLineItems_1" xlink:title="Label : DisclosureOfChangesInAccountingEstimatesLineItems to label_DisclosureOfChangesInAccountingEstimatesLineItems_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IntangibleAssetsOtherThanGoodwill" xlink:label="IntangibleAssetsOtherThanGoodwill" xlink:title="IntangibleAssetsOtherThanGoodwill" />
    <link:label xlink:type="resource" xlink:label="label_IntangibleAssetsOtherThanGoodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IntangibleAssetsOtherThanGoodwill" xml:lang="en-US" id="label_IntangibleAssetsOtherThanGoodwill">Intangible assets other than goodwill</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IntangibleAssetsOtherThanGoodwill" xlink:to="label_IntangibleAssetsOtherThanGoodwill" xlink:title="Label : IntangibleAssetsOtherThanGoodwill to label_IntangibleAssetsOtherThanGoodwill" />
    <link:label xlink:type="resource" xlink:label="label_IntangibleAssetsOtherThanGoodwill_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IntangibleAssetsOtherThanGoodwill_1" xml:lang="en-US" id="label_IntangibleAssetsOtherThanGoodwill_1">Intangible assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IntangibleAssetsOtherThanGoodwill" xlink:to="label_IntangibleAssetsOtherThanGoodwill_1" xlink:title="Label : IntangibleAssetsOtherThanGoodwill to label_IntangibleAssetsOtherThanGoodwill_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_Liabilities" xlink:label="Liabilities" xlink:title="Liabilities" />
    <link:label xlink:type="resource" xlink:label="label_Liabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_Liabilities" xml:lang="en-US" id="label_Liabilities">Liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Liabilities" xlink:to="label_Liabilities" xlink:title="Label : Liabilities to label_Liabilities" />
    <link:label xlink:type="resource" xlink:label="label_Liabilities_1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_Liabilities_1" xml:lang="en-US" id="label_Liabilities_1">Total liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Liabilities" xlink:to="label_Liabilities_1" xlink:title="Label : Liabilities to label_Liabilities_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DisclosureOfDifferenceBetweenTheLeaseObligationDisclosedUnderIasSeventeenToIfrsSixteenTable" xlink:label="DisclosureOfDifferenceBetweenTheLeaseObligationDisclosedUnderIasSeventeenToIfrsSixteenTable" xlink:title="DisclosureOfDifferenceBetweenTheLeaseObligationDisclosedUnderIasSeventeenToIfrsSixteenTable" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfDifferenceBetweenTheLeaseObligationDisclosedUnderIasSeventeenToIfrsSixteenTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfDifferenceBetweenTheLeaseObligationDisclosedUnderIasSeventeenToIfrsSixteenTable" xml:lang="en-US" id="label_DisclosureOfDifferenceBetweenTheLeaseObligationDisclosedUnderIasSeventeenToIfrsSixteenTable">Disclosure Of Difference Between The Lease Obligation Disclosed Under Ias Seventeen To Ifrs Sixteen [Table]</link:label>
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LiabilitiesArisingFromFinancingActivitiesAxis" xlink:label="LiabilitiesArisingFromFinancingActivitiesAxis" xlink:title="LiabilitiesArisingFromFinancingActivitiesAxis" />
    <link:label xlink:type="resource" xlink:label="label_LiabilitiesArisingFromFinancingActivitiesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LiabilitiesArisingFromFinancingActivitiesAxis" xml:lang="en-US" id="label_LiabilitiesArisingFromFinancingActivitiesAxis">Liabilities arising from financing activities [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesArisingFromFinancingActivitiesAxis" xlink:to="label_LiabilitiesArisingFromFinancingActivitiesAxis" xlink:title="Label : LiabilitiesArisingFromFinancingActivitiesAxis to label_LiabilitiesArisingFromFinancingActivitiesAxis" />
    <link:label xlink:type="resource" xlink:label="label_LiabilitiesArisingFromFinancingActivitiesAxis_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LiabilitiesArisingFromFinancingActivitiesAxis_1" xml:lang="en-US" id="label_LiabilitiesArisingFromFinancingActivitiesAxis_1">Liabilities arising from financing activities [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesArisingFromFinancingActivitiesAxis" xlink:to="label_LiabilitiesArisingFromFinancingActivitiesAxis_1" xlink:title="Label : LiabilitiesArisingFromFinancingActivitiesAxis to label_LiabilitiesArisingFromFinancingActivitiesAxis_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LiabilitiesArisingFromFinancingActivitiesMember" xlink:label="LiabilitiesArisingFromFinancingActivitiesMember" xlink:title="LiabilitiesArisingFromFinancingActivitiesMember" />
    <link:label xlink:type="resource" xlink:label="label_LiabilitiesArisingFromFinancingActivitiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LiabilitiesArisingFromFinancingActivitiesMember" xml:lang="en-US" id="label_LiabilitiesArisingFromFinancingActivitiesMember">Liabilities arising from financing activities [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesArisingFromFinancingActivitiesMember" xlink:to="label_LiabilitiesArisingFromFinancingActivitiesMember" xlink:title="Label : LiabilitiesArisingFromFinancingActivitiesMember to label_LiabilitiesArisingFromFinancingActivitiesMember" />
    <link:label xlink:type="resource" xlink:label="label_LiabilitiesArisingFromFinancingActivitiesMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LiabilitiesArisingFromFinancingActivitiesMember_1" xml:lang="en-US" id="label_LiabilitiesArisingFromFinancingActivitiesMember_1">Liabilities arising from financing activities [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesArisingFromFinancingActivitiesMember" xlink:to="label_LiabilitiesArisingFromFinancingActivitiesMember_1" xlink:title="Label : LiabilitiesArisingFromFinancingActivitiesMember to label_LiabilitiesArisingFromFinancingActivitiesMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LeaseLiabilitiesMember" xlink:label="LeaseLiabilitiesMember" xlink:title="LeaseLiabilitiesMember" />
    <link:label xlink:type="resource" xlink:label="label_LeaseLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_LeaseLiabilitiesMember" xml:lang="en-US" id="label_LeaseLiabilitiesMember">Lease payable [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LeaseLiabilitiesMember" xlink:to="label_LeaseLiabilitiesMember" xlink:title="Label : LeaseLiabilitiesMember to label_LeaseLiabilitiesMember" />
    <link:label xlink:type="resource" xlink:label="label_LeaseLiabilitiesMember_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LeaseLiabilitiesMember_1" xml:lang="en-US" id="label_LeaseLiabilitiesMember_1">Lease liabilities [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LeaseLiabilitiesMember" xlink:to="label_LeaseLiabilitiesMember_1" xlink:title="Label : LeaseLiabilitiesMember to label_LeaseLiabilitiesMember_1" />
    <link:label xlink:type="resource" xlink:label="label_LeaseLiabilitiesMember_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LeaseLiabilitiesMember_2" xml:lang="en-US" id="label_LeaseLiabilitiesMember_2">Lease liabilities [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LeaseLiabilitiesMember" xlink:to="label_LeaseLiabilitiesMember_2" xlink:title="Label : LeaseLiabilitiesMember to label_LeaseLiabilitiesMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DisclosureOfDifferenceBetweenTheLeaseObligationDisclosedUnderIasSeventeenToIfrs16LineItems" xlink:label="DisclosureOfDifferenceBetweenTheLeaseObligationDisclosedUnderIasSeventeenToIfrs16LineItems" xlink:title="DisclosureOfDifferenceBetweenTheLeaseObligationDisclosedUnderIasSeventeenToIfrs16LineItems" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfDifferenceBetweenTheLeaseObligationDisclosedUnderIasSeventeenToIfrs16LineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfDifferenceBetweenTheLeaseObligationDisclosedUnderIasSeventeenToIfrs16LineItems" xml:lang="en-US" id="label_DisclosureOfDifferenceBetweenTheLeaseObligationDisclosedUnderIasSeventeenToIfrs16LineItems">Disclosure of Difference Between the Lease Obligation Disclosed Under Ias Seventeen To Ifrs 16 Line Items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDifferenceBetweenTheLeaseObligationDisclosedUnderIasSeventeenToIfrs16LineItems" xlink:to="label_DisclosureOfDifferenceBetweenTheLeaseObligationDisclosedUnderIasSeventeenToIfrs16LineItems" xlink:title="Label : DisclosureOfDifferenceBetweenTheLeaseObligationDisclosedUnderIasSeventeenToIfrs16LineItems to label_DisclosureOfDifferenceBetweenTheLeaseObligationDisclosedUnderIasSeventeenToIfrs16LineItems" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfDifferenceBetweenTheLeaseObligationDisclosedUnderIasSeventeenToIfrs16LineItems_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DisclosureOfDifferenceBetweenTheLeaseObligationDisclosedUnderIasSeventeenToIfrs16LineItems_1" xml:lang="en-US" id="label_DisclosureOfDifferenceBetweenTheLeaseObligationDisclosedUnderIasSeventeenToIfrs16LineItems_1">Disclosure of Difference Between the Lease Obligation Disclosed Under IAS Seventeen to IFRS 16 [Line Items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDifferenceBetweenTheLeaseObligationDisclosedUnderIasSeventeenToIfrs16LineItems" xlink:to="label_DisclosureOfDifferenceBetweenTheLeaseObligationDisclosedUnderIasSeventeenToIfrs16LineItems_1" xlink:title="Label : DisclosureOfDifferenceBetweenTheLeaseObligationDisclosedUnderIasSeventeenToIfrs16LineItems to label_DisclosureOfDifferenceBetweenTheLeaseObligationDisclosedUnderIasSeventeenToIfrs16LineItems_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_OperatingLeaseCommitments" xlink:label="OperatingLeaseCommitments" xlink:title="OperatingLeaseCommitments" />
    <link:label xlink:type="resource" xlink:label="label_OperatingLeaseCommitments" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_OperatingLeaseCommitments" xml:lang="en-US" id="label_OperatingLeaseCommitments">The amount of operating lease commitments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingLeaseCommitments" xlink:to="label_OperatingLeaseCommitments" xlink:title="Label : OperatingLeaseCommitments to label_OperatingLeaseCommitments" />
    <link:label xlink:type="resource" xlink:label="label_OperatingLeaseCommitments_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OperatingLeaseCommitments_1" xml:lang="en-US" id="label_OperatingLeaseCommitments_1">Operating lease commitments as of December 31, 2018</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingLeaseCommitments" xlink:to="label_OperatingLeaseCommitments_1" xlink:title="Label : OperatingLeaseCommitments to label_OperatingLeaseCommitments_1" />
    <link:label xlink:type="resource" xlink:label="label_OperatingLeaseCommitments_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OperatingLeaseCommitments_2" xml:lang="en-US" id="label_OperatingLeaseCommitments_2">Operating Lease Commitments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingLeaseCommitments" xlink:to="label_OperatingLeaseCommitments_2" xlink:title="Label : OperatingLeaseCommitments to label_OperatingLeaseCommitments_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DiscountedUsingTheIncrementalBorrowingRate" xlink:label="DiscountedUsingTheIncrementalBorrowingRate" xlink:title="DiscountedUsingTheIncrementalBorrowingRate" />
    <link:label xlink:type="resource" xlink:label="label_DiscountedUsingTheIncrementalBorrowingRate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DiscountedUsingTheIncrementalBorrowingRate" xml:lang="en-US" id="label_DiscountedUsingTheIncrementalBorrowingRate">Discounted Using the Incremental Borrowing Rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DiscountedUsingTheIncrementalBorrowingRate" xlink:to="label_DiscountedUsingTheIncrementalBorrowingRate" xlink:title="Label : DiscountedUsingTheIncrementalBorrowingRate to label_DiscountedUsingTheIncrementalBorrowingRate" />
    <link:label xlink:type="resource" xlink:label="label_DiscountedUsingTheIncrementalBorrowingRate_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DiscountedUsingTheIncrementalBorrowingRate_1" xml:lang="en-US" id="label_DiscountedUsingTheIncrementalBorrowingRate_1">The discounted amount of operating lease commitments using the incremental borrowing rate.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DiscountedUsingTheIncrementalBorrowingRate" xlink:to="label_DiscountedUsingTheIncrementalBorrowingRate_1" xlink:title="Label : DiscountedUsingTheIncrementalBorrowingRate to label_DiscountedUsingTheIncrementalBorrowingRate_1" />
    <link:label xlink:type="resource" xlink:label="label_DiscountedUsingTheIncrementalBorrowingRate_2" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_DiscountedUsingTheIncrementalBorrowingRate_2" xml:lang="en-US" id="label_DiscountedUsingTheIncrementalBorrowingRate_2">Discounted using the incremental borrowing rate on January 1, 2019</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DiscountedUsingTheIncrementalBorrowingRate" xlink:to="label_DiscountedUsingTheIncrementalBorrowingRate_2" xlink:title="Label : DiscountedUsingTheIncrementalBorrowingRate to label_DiscountedUsingTheIncrementalBorrowingRate_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_FinanceLeasesLiabilities" xlink:label="FinanceLeasesLiabilities" xlink:title="FinanceLeasesLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_FinanceLeasesLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_FinanceLeasesLiabilities" xml:lang="en-US" id="label_FinanceLeasesLiabilities">The amount of finance leases liabilities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinanceLeasesLiabilities" xlink:to="label_FinanceLeasesLiabilities" xlink:title="Label : FinanceLeasesLiabilities to label_FinanceLeasesLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_FinanceLeasesLiabilities_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_FinanceLeasesLiabilities_1" xml:lang="en-US" id="label_FinanceLeasesLiabilities_1">Finance lease liabilities recognized as of December 31, 2018</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinanceLeasesLiabilities" xlink:to="label_FinanceLeasesLiabilities_1" xlink:title="Label : FinanceLeasesLiabilities to label_FinanceLeasesLiabilities_1" />
    <link:label xlink:type="resource" xlink:label="label_FinanceLeasesLiabilities_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FinanceLeasesLiabilities_2" xml:lang="en-US" id="label_FinanceLeasesLiabilities_2">Finance Leases Liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinanceLeasesLiabilities" xlink:to="label_FinanceLeasesLiabilities_2" xlink:title="Label : FinanceLeasesLiabilities to label_FinanceLeasesLiabilities_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_LowvalueleasesNotRecognizedAsALiability" xlink:label="LowvalueleasesNotRecognizedAsALiability" xlink:title="LowvalueleasesNotRecognizedAsALiability" />
    <link:label xlink:type="resource" xlink:label="label_LowvalueleasesNotRecognizedAsALiability" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LowvalueleasesNotRecognizedAsALiability" xml:lang="en-US" id="label_LowvalueleasesNotRecognizedAsALiability">Lowvalueleases Not Recognized as A Liability</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LowvalueleasesNotRecognizedAsALiability" xlink:to="label_LowvalueleasesNotRecognizedAsALiability" xlink:title="Label : LowvalueleasesNotRecognizedAsALiability to label_LowvalueleasesNotRecognizedAsALiability" />
    <link:label xlink:type="resource" xlink:label="label_LowvalueleasesNotRecognizedAsALiability_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_LowvalueleasesNotRecognizedAsALiability_1" xml:lang="en-US" id="label_LowvalueleasesNotRecognizedAsALiability_1">(-) Recognition exemption for leases of low amount assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LowvalueleasesNotRecognizedAsALiability" xlink:to="label_LowvalueleasesNotRecognizedAsALiability_1" xlink:title="Label : LowvalueleasesNotRecognizedAsALiability to label_LowvalueleasesNotRecognizedAsALiability_1" />
    <link:label xlink:type="resource" xlink:label="label_LowvalueleasesNotRecognizedAsALiability_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_LowvalueleasesNotRecognizedAsALiability_2" xml:lang="en-US" id="label_LowvalueleasesNotRecognizedAsALiability_2">The amount of low-value&#xA0;leases not recognized as a liability.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LowvalueleasesNotRecognizedAsALiability" xlink:to="label_LowvalueleasesNotRecognizedAsALiability_2" xlink:title="Label : LowvalueleasesNotRecognizedAsALiability to label_LowvalueleasesNotRecognizedAsALiability_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ShortTermLeasesNotRecognizedAsALiability" xlink:label="ShortTermLeasesNotRecognizedAsALiability" xlink:title="ShortTermLeasesNotRecognizedAsALiability" />
    <link:label xlink:type="resource" xlink:label="label_ShortTermLeasesNotRecognizedAsALiability" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ShortTermLeasesNotRecognizedAsALiability" xml:lang="en-US" id="label_ShortTermLeasesNotRecognizedAsALiability">Short Term Leases Not Recognized as a Liability</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShortTermLeasesNotRecognizedAsALiability" xlink:to="label_ShortTermLeasesNotRecognizedAsALiability" xlink:title="Label : ShortTermLeasesNotRecognizedAsALiability to label_ShortTermLeasesNotRecognizedAsALiability" />
    <link:label xlink:type="resource" xlink:label="label_ShortTermLeasesNotRecognizedAsALiability_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ShortTermLeasesNotRecognizedAsALiability_1" xml:lang="en-US" id="label_ShortTermLeasesNotRecognizedAsALiability_1">The amount of short-term&#xA0;leases not recognized as a liability.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShortTermLeasesNotRecognizedAsALiability" xlink:to="label_ShortTermLeasesNotRecognizedAsALiability_1" xlink:title="Label : ShortTermLeasesNotRecognizedAsALiability to label_ShortTermLeasesNotRecognizedAsALiability_1" />
    <link:label xlink:type="resource" xlink:label="label_ShortTermLeasesNotRecognizedAsALiability_2" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:title="label_ShortTermLeasesNotRecognizedAsALiability_2" xml:lang="en-US" id="label_ShortTermLeasesNotRecognizedAsALiability_2">(-) Recognition exemption for leases with less than 12 months of lease term at transition</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShortTermLeasesNotRecognizedAsALiability" xlink:to="label_ShortTermLeasesNotRecognizedAsALiability_2" xlink:title="Label : ShortTermLeasesNotRecognizedAsALiability to label_ShortTermLeasesNotRecognizedAsALiability_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ExtensionOptionsReasonablyCertainToBeExercised" xlink:label="ExtensionOptionsReasonablyCertainToBeExercised" xlink:title="ExtensionOptionsReasonablyCertainToBeExercised" />
    <link:label xlink:type="resource" xlink:label="label_ExtensionOptionsReasonablyCertainToBeExercised" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ExtensionOptionsReasonablyCertainToBeExercised" xml:lang="en-US" id="label_ExtensionOptionsReasonablyCertainToBeExercised">The amount of extension options reasonably certain to be exercised.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExtensionOptionsReasonablyCertainToBeExercised" xlink:to="label_ExtensionOptionsReasonablyCertainToBeExercised" xlink:title="Label : ExtensionOptionsReasonablyCertainToBeExercised to label_ExtensionOptionsReasonablyCertainToBeExercised" />
    <link:label xlink:type="resource" xlink:label="label_ExtensionOptionsReasonablyCertainToBeExercised_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_ExtensionOptionsReasonablyCertainToBeExercised_1" xml:lang="en-US" id="label_ExtensionOptionsReasonablyCertainToBeExercised_1">(-) Extension options reasonably certain to be exercised</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExtensionOptionsReasonablyCertainToBeExercised" xlink:to="label_ExtensionOptionsReasonablyCertainToBeExercised_1" xlink:title="Label : ExtensionOptionsReasonablyCertainToBeExercised to label_ExtensionOptionsReasonablyCertainToBeExercised_1" />
    <link:label xlink:type="resource" xlink:label="label_ExtensionOptionsReasonablyCertainToBeExercised_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ExtensionOptionsReasonablyCertainToBeExercised_2" xml:lang="en-US" id="label_ExtensionOptionsReasonablyCertainToBeExercised_2">Extension Options Reasonably Certain To Be Exercised</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExtensionOptionsReasonablyCertainToBeExercised" xlink:to="label_ExtensionOptionsReasonablyCertainToBeExercised_2" xlink:title="Label : ExtensionOptionsReasonablyCertainToBeExercised to label_ExtensionOptionsReasonablyCertainToBeExercised_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LeaseLiabilities" xlink:label="LeaseLiabilities" xlink:title="LeaseLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_LeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LeaseLiabilities" xml:lang="en-US" id="label_LeaseLiabilities">Lease liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LeaseLiabilities" xlink:to="label_LeaseLiabilities" xlink:title="Label : LeaseLiabilities to label_LeaseLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_LeaseLiabilities_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LeaseLiabilities_1" xml:lang="en-US" id="label_LeaseLiabilities_1">Leases payable recognized on January 1, 2019</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LeaseLiabilities" xlink:to="label_LeaseLiabilities_1" xlink:title="Label : LeaseLiabilities to label_LeaseLiabilities_1" />
    <link:label xlink:type="resource" xlink:label="label_LeaseLiabilities_2" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:title="label_LeaseLiabilities_2" xml:lang="en-US" id="label_LeaseLiabilities_2">Beginning balance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LeaseLiabilities" xlink:to="label_LeaseLiabilities_2" xlink:title="Label : LeaseLiabilities to label_LeaseLiabilities_2" />
    <link:label xlink:type="resource" xlink:label="label_LeaseLiabilities_3" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:title="label_LeaseLiabilities_3" xml:lang="en-US" id="label_LeaseLiabilities_3">Ending balance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LeaseLiabilities" xlink:to="label_LeaseLiabilities_3" xlink:title="Label : LeaseLiabilities to label_LeaseLiabilities_3" />
    <link:label xlink:type="resource" xlink:label="label_LeaseLiabilities_4" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_LeaseLiabilities_4" xml:lang="en-US" id="label_LeaseLiabilities_4">Leases payable</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LeaseLiabilities" xlink:to="label_LeaseLiabilities_4" xlink:title="Label : LeaseLiabilities to label_LeaseLiabilities_4" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesTable" xlink:label="DisclosureOfSignificantInvestmentsInSubsidiariesTable" xlink:title="DisclosureOfSignificantInvestmentsInSubsidiariesTable" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfSignificantInvestmentsInSubsidiariesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfSignificantInvestmentsInSubsidiariesTable" xml:lang="en-US" id="label_DisclosureOfSignificantInvestmentsInSubsidiariesTable">Disclosure of subsidiaries [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfSignificantInvestmentsInSubsidiariesTable" xlink:to="label_DisclosureOfSignificantInvestmentsInSubsidiariesTable" xlink:title="Label : DisclosureOfSignificantInvestmentsInSubsidiariesTable to label_DisclosureOfSignificantInvestmentsInSubsidiariesTable" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_OxitenoMexicoMember" xlink:label="OxitenoMexicoMember" xlink:title="OxitenoMexicoMember" />
    <link:label xlink:type="resource" xlink:label="label_OxitenoMexicoMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_OxitenoMexicoMember" xml:lang="en-US" id="label_OxitenoMexicoMember">This member stands for the information pertaining to Oxiteno mexico S.A. de C.V.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OxitenoMexicoMember" xlink:to="label_OxitenoMexicoMember" xlink:title="Label : OxitenoMexicoMember to label_OxitenoMexicoMember" />
    <link:label xlink:type="resource" xlink:label="label_OxitenoMexicoMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OxitenoMexicoMember_1" xml:lang="en-US" id="label_OxitenoMexicoMember_1">Oxiteno Mexico S.A. de C.V. [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OxitenoMexicoMember" xlink:to="label_OxitenoMexicoMember_1" xlink:title="Label : OxitenoMexicoMember to label_OxitenoMexicoMember_1" />
    <link:label xlink:type="resource" xlink:label="label_OxitenoMexicoMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OxitenoMexicoMember_2" xml:lang="en-US" id="label_OxitenoMexicoMember_2">Oxiteno mexico [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OxitenoMexicoMember" xlink:to="label_OxitenoMexicoMember_2" xlink:title="Label : OxitenoMexicoMember to label_OxitenoMexicoMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_OxitenoServiciosCorporativosMember" xlink:label="OxitenoServiciosCorporativosMember" xlink:title="OxitenoServiciosCorporativosMember" />
    <link:label xlink:type="resource" xlink:label="label_OxitenoServiciosCorporativosMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_OxitenoServiciosCorporativosMember" xml:lang="en-US" id="label_OxitenoServiciosCorporativosMember">This member stands for the information pertaining to Oxiteno servicios corporativos S.A. de C.V.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OxitenoServiciosCorporativosMember" xlink:to="label_OxitenoServiciosCorporativosMember" xlink:title="Label : OxitenoServiciosCorporativosMember to label_OxitenoServiciosCorporativosMember" />
    <link:label xlink:type="resource" xlink:label="label_OxitenoServiciosCorporativosMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OxitenoServiciosCorporativosMember_1" xml:lang="en-US" id="label_OxitenoServiciosCorporativosMember_1">Oxiteno servicios corporativos S.A. de C.V.[member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OxitenoServiciosCorporativosMember" xlink:to="label_OxitenoServiciosCorporativosMember_1" xlink:title="Label : OxitenoServiciosCorporativosMember to label_OxitenoServiciosCorporativosMember_1" />
    <link:label xlink:type="resource" xlink:label="label_OxitenoServiciosCorporativosMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OxitenoServiciosCorporativosMember_2" xml:lang="en-US" id="label_OxitenoServiciosCorporativosMember_2">Oxiteno servicios corporativos [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OxitenoServiciosCorporativosMember" xlink:to="label_OxitenoServiciosCorporativosMember_2" xlink:title="Label : OxitenoServiciosCorporativosMember to label_OxitenoServiciosCorporativosMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_OxitenoServiciosIndustrialesMember" xlink:label="OxitenoServiciosIndustrialesMember" xlink:title="OxitenoServiciosIndustrialesMember" />
    <link:label xlink:type="resource" xlink:label="label_OxitenoServiciosIndustrialesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_OxitenoServiciosIndustrialesMember" xml:lang="en-US" id="label_OxitenoServiciosIndustrialesMember">This member stands for the information pertaining to Oxiteno servicios industriales de C.V.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OxitenoServiciosIndustrialesMember" xlink:to="label_OxitenoServiciosIndustrialesMember" xlink:title="Label : OxitenoServiciosIndustrialesMember to label_OxitenoServiciosIndustrialesMember" />
    <link:label xlink:type="resource" xlink:label="label_OxitenoServiciosIndustrialesMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OxitenoServiciosIndustrialesMember_1" xml:lang="en-US" id="label_OxitenoServiciosIndustrialesMember_1">Oxiteno servicios industriales S.A. de C.V.[member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OxitenoServiciosIndustrialesMember" xlink:to="label_OxitenoServiciosIndustrialesMember_1" xlink:title="Label : OxitenoServiciosIndustrialesMember to label_OxitenoServiciosIndustrialesMember_1" />
    <link:label xlink:type="resource" xlink:label="label_OxitenoServiciosIndustrialesMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OxitenoServiciosIndustrialesMember_2" xml:lang="en-US" id="label_OxitenoServiciosIndustrialesMember_2">Oxiteno servicios industriales [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OxitenoServiciosIndustrialesMember" xlink:to="label_OxitenoServiciosIndustrialesMember_2" xlink:title="Label : OxitenoServiciosIndustrialesMember to label_OxitenoServiciosIndustrialesMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_OxitenoUSAMember" xlink:label="OxitenoUSAMember" xlink:title="OxitenoUSAMember" />
    <link:label xlink:type="resource" xlink:label="label_OxitenoUSAMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OxitenoUSAMember" xml:lang="en-US" id="label_OxitenoUSAMember">Oxiteno U S A [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OxitenoUSAMember" xlink:to="label_OxitenoUSAMember" xlink:title="Label : OxitenoUSAMember to label_OxitenoUSAMember" />
    <link:label xlink:type="resource" xlink:label="label_OxitenoUSAMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OxitenoUSAMember_1" xml:lang="en-US" id="label_OxitenoUSAMember_1">Oxiteno USA LLC [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OxitenoUSAMember" xlink:to="label_OxitenoUSAMember_1" xlink:title="Label : OxitenoUSAMember to label_OxitenoUSAMember_1" />
    <link:label xlink:type="resource" xlink:label="label_OxitenoUSAMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_OxitenoUSAMember_2" xml:lang="en-US" id="label_OxitenoUSAMember_2">This member stands for the information pertaining to Oxiteno USA LLC.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OxitenoUSAMember" xlink:to="label_OxitenoUSAMember_2" xlink:title="Label : OxitenoUSAMember to label_OxitenoUSAMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_OxitenoUruguayMember" xlink:label="OxitenoUruguayMember" xlink:title="OxitenoUruguayMember" />
    <link:label xlink:type="resource" xlink:label="label_OxitenoUruguayMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_OxitenoUruguayMember" xml:lang="en-US" id="label_OxitenoUruguayMember">This member stands for the information pertaining to Oxiteno Uruguay S.A.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OxitenoUruguayMember" xlink:to="label_OxitenoUruguayMember" xlink:title="Label : OxitenoUruguayMember to label_OxitenoUruguayMember" />
    <link:label xlink:type="resource" xlink:label="label_OxitenoUruguayMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OxitenoUruguayMember_1" xml:lang="en-US" id="label_OxitenoUruguayMember_1">Oxiteno Uruguay S.A. [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OxitenoUruguayMember" xlink:to="label_OxitenoUruguayMember_1" xlink:title="Label : OxitenoUruguayMember to label_OxitenoUruguayMember_1" />
    <link:label xlink:type="resource" xlink:label="label_OxitenoUruguayMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OxitenoUruguayMember_2" xml:lang="en-US" id="label_OxitenoUruguayMember_2">Oxiteno uruguay [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OxitenoUruguayMember" xlink:to="label_OxitenoUruguayMember_2" xlink:title="Label : OxitenoUruguayMember to label_OxitenoUruguayMember_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems" xlink:label="DisclosureOfSignificantInvestmentsInSubsidiariesLineItems" xlink:title="DisclosureOfSignificantInvestmentsInSubsidiariesLineItems" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems" xml:lang="en-US" id="label_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems">Disclosure of subsidiaries [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfSignificantInvestmentsInSubsidiariesLineItems" xlink:to="label_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems" xlink:title="Label : DisclosureOfSignificantInvestmentsInSubsidiariesLineItems to label_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DescriptionOfFunctionalCurrency" xlink:label="DescriptionOfFunctionalCurrency" xlink:title="DescriptionOfFunctionalCurrency" />
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfFunctionalCurrency" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DescriptionOfFunctionalCurrency" xml:lang="en-US" id="label_DescriptionOfFunctionalCurrency">Description of functional currency</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfFunctionalCurrency" xlink:to="label_DescriptionOfFunctionalCurrency" xlink:title="Label : DescriptionOfFunctionalCurrency to label_DescriptionOfFunctionalCurrency" />
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfFunctionalCurrency_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DescriptionOfFunctionalCurrency_1" xml:lang="en-US" id="label_DescriptionOfFunctionalCurrency_1">Functional currency</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfFunctionalCurrency" xlink:to="label_DescriptionOfFunctionalCurrency_1" xlink:title="Label : DescriptionOfFunctionalCurrency to label_DescriptionOfFunctionalCurrency_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_GeographicalAreas" xlink:label="GeographicalAreas" xlink:title="GeographicalAreas" />
    <link:label xlink:type="resource" xlink:label="label_GeographicalAreas" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GeographicalAreas" xml:lang="en-US" id="label_GeographicalAreas">Geographical Areas</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GeographicalAreas" xlink:to="label_GeographicalAreas" xlink:title="Label : GeographicalAreas to label_GeographicalAreas" />
    <link:label xlink:type="resource" xlink:label="label_GeographicalAreas_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_GeographicalAreas_1" xml:lang="en-US" id="label_GeographicalAreas_1">Location</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GeographicalAreas" xlink:to="label_GeographicalAreas_1" xlink:title="Label : GeographicalAreas to label_GeographicalAreas_1" />
    <link:label xlink:type="resource" xlink:label="label_GeographicalAreas_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_GeographicalAreas_2" xml:lang="en-US" id="label_GeographicalAreas_2">The description of the geographic location in which the subsidiary operates.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GeographicalAreas" xlink:to="label_GeographicalAreas_2" xlink:title="Label : GeographicalAreas to label_GeographicalAreas_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AmPmComestveisLtdaMember" xlink:label="AmPmComestveisLtdaMember" xlink:title="AmPmComestveisLtdaMember" />
    <link:label xlink:type="resource" xlink:label="label_AmPmComestveisLtdaMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AmPmComestveisLtdaMember" xml:lang="en-US" id="label_AmPmComestveisLtdaMember">This member stands for the information pertaining to am/pm Comestveis Ltda.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmPmComestveisLtdaMember" xlink:to="label_AmPmComestveisLtdaMember" xlink:title="Label : AmPmComestveisLtdaMember to label_AmPmComestveisLtdaMember" />
    <link:label xlink:type="resource" xlink:label="label_AmPmComestveisLtdaMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AmPmComestveisLtdaMember_1" xml:lang="en-US" id="label_AmPmComestveisLtdaMember_1">am/pm Comestveis Ltda [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmPmComestveisLtdaMember" xlink:to="label_AmPmComestveisLtdaMember_1" xlink:title="Label : AmPmComestveisLtdaMember to label_AmPmComestveisLtdaMember_1" />
    <link:label xlink:type="resource" xlink:label="label_AmPmComestveisLtdaMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AmPmComestveisLtdaMember_2" xml:lang="en-US" id="label_AmPmComestveisLtdaMember_2">am/pm Comestveis Ltda [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmPmComestveisLtdaMember" xlink:to="label_AmPmComestveisLtdaMember_2" xlink:title="Label : AmPmComestveisLtdaMember to label_AmPmComestveisLtdaMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_CentroDeConveninciasMillenniumLtdaMember" xlink:label="CentroDeConveninciasMillenniumLtdaMember" xlink:title="CentroDeConveninciasMillenniumLtdaMember" />
    <link:label xlink:type="resource" xlink:label="label_CentroDeConveninciasMillenniumLtdaMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_CentroDeConveninciasMillenniumLtdaMember" xml:lang="en-US" id="label_CentroDeConveninciasMillenniumLtdaMember">This member stands for the information pertaining to Centro de Convenincias Millennium Ltda.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CentroDeConveninciasMillenniumLtdaMember" xlink:to="label_CentroDeConveninciasMillenniumLtdaMember" xlink:title="Label : CentroDeConveninciasMillenniumLtdaMember to label_CentroDeConveninciasMillenniumLtdaMember" />
    <link:label xlink:type="resource" xlink:label="label_CentroDeConveninciasMillenniumLtdaMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CentroDeConveninciasMillenniumLtdaMember_1" xml:lang="en-US" id="label_CentroDeConveninciasMillenniumLtdaMember_1">Centro de Convenincias Millennium Ltda [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CentroDeConveninciasMillenniumLtdaMember" xlink:to="label_CentroDeConveninciasMillenniumLtdaMember_1" xlink:title="Label : CentroDeConveninciasMillenniumLtdaMember to label_CentroDeConveninciasMillenniumLtdaMember_1" />
    <link:label xlink:type="resource" xlink:label="label_CentroDeConveninciasMillenniumLtdaMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CentroDeConveninciasMillenniumLtdaMember_2" xml:lang="en-US" id="label_CentroDeConveninciasMillenniumLtdaMember_2">Centro de Convenincias Millennium Ltda [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CentroDeConveninciasMillenniumLtdaMember" xlink:to="label_CentroDeConveninciasMillenniumLtdaMember_2" xlink:title="Label : CentroDeConveninciasMillenniumLtdaMember to label_CentroDeConveninciasMillenniumLtdaMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_IcorbanCorrespondenteBancarioLtdaMember" xlink:label="IcorbanCorrespondenteBancarioLtdaMember" xlink:title="IcorbanCorrespondenteBancarioLtdaMember" />
    <link:label xlink:type="resource" xlink:label="label_IcorbanCorrespondenteBancarioLtdaMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IcorbanCorrespondenteBancarioLtdaMember" xml:lang="en-US" id="label_IcorbanCorrespondenteBancarioLtdaMember">Icorban Correspondente Bancario Ltda [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IcorbanCorrespondenteBancarioLtdaMember" xlink:to="label_IcorbanCorrespondenteBancarioLtdaMember" xlink:title="Label : IcorbanCorrespondenteBancarioLtdaMember to label_IcorbanCorrespondenteBancarioLtdaMember" />
    <link:label xlink:type="resource" xlink:label="label_IcorbanCorrespondenteBancarioLtdaMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IcorbanCorrespondenteBancarioLtdaMember_1" xml:lang="en-US" id="label_IcorbanCorrespondenteBancarioLtdaMember_1">Icorban Correspondente Bancrio Ltda [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IcorbanCorrespondenteBancarioLtdaMember" xlink:to="label_IcorbanCorrespondenteBancarioLtdaMember_1" xlink:title="Label : IcorbanCorrespondenteBancarioLtdaMember to label_IcorbanCorrespondenteBancarioLtdaMember_1" />
    <link:label xlink:type="resource" xlink:label="label_IcorbanCorrespondenteBancarioLtdaMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_IcorbanCorrespondenteBancarioLtdaMember_2" xml:lang="en-US" id="label_IcorbanCorrespondenteBancarioLtdaMember_2">This member stands for the information pertaining to Icorban-Correspondente Bancrio Ltda.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IcorbanCorrespondenteBancarioLtdaMember" xlink:to="label_IcorbanCorrespondenteBancarioLtdaMember_2" xlink:title="Label : IcorbanCorrespondenteBancarioLtdaMember to label_IcorbanCorrespondenteBancarioLtdaMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_IpirangaTradingLimitedMember" xlink:label="IpirangaTradingLimitedMember" xlink:title="IpirangaTradingLimitedMember" />
    <link:label xlink:type="resource" xlink:label="label_IpirangaTradingLimitedMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_IpirangaTradingLimitedMember" xml:lang="en-US" id="label_IpirangaTradingLimitedMember">This member stands for the information pertaining to Ipiranga Trading Limited.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IpirangaTradingLimitedMember" xlink:to="label_IpirangaTradingLimitedMember" xlink:title="Label : IpirangaTradingLimitedMember to label_IpirangaTradingLimitedMember" />
    <link:label xlink:type="resource" xlink:label="label_IpirangaTradingLimitedMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IpirangaTradingLimitedMember_1" xml:lang="en-US" id="label_IpirangaTradingLimitedMember_1">Ipiranga Trading Limited [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IpirangaTradingLimitedMember" xlink:to="label_IpirangaTradingLimitedMember_1" xlink:title="Label : IpirangaTradingLimitedMember to label_IpirangaTradingLimitedMember_1" />
    <link:label xlink:type="resource" xlink:label="label_IpirangaTradingLimitedMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IpirangaTradingLimitedMember_2" xml:lang="en-US" id="label_IpirangaTradingLimitedMember_2">Ipiranga Trading Limited [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IpirangaTradingLimitedMember" xlink:to="label_IpirangaTradingLimitedMember_2" xlink:title="Label : IpirangaTradingLimitedMember to label_IpirangaTradingLimitedMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_TropicalTransportesIpirangaLtdaMember" xlink:label="TropicalTransportesIpirangaLtdaMember" xlink:title="TropicalTransportesIpirangaLtdaMember" />
    <link:label xlink:type="resource" xlink:label="label_TropicalTransportesIpirangaLtdaMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_TropicalTransportesIpirangaLtdaMember" xml:lang="en-US" id="label_TropicalTransportesIpirangaLtdaMember">This member stands for the information pertaining to Tropical Transportes Ipiranga Ltda.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TropicalTransportesIpirangaLtdaMember" xlink:to="label_TropicalTransportesIpirangaLtdaMember" xlink:title="Label : TropicalTransportesIpirangaLtdaMember to label_TropicalTransportesIpirangaLtdaMember" />
    <link:label xlink:type="resource" xlink:label="label_TropicalTransportesIpirangaLtdaMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TropicalTransportesIpirangaLtdaMember_1" xml:lang="en-US" id="label_TropicalTransportesIpirangaLtdaMember_1">Tropical Transportes Ipiranga Ltda [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TropicalTransportesIpirangaLtdaMember" xlink:to="label_TropicalTransportesIpirangaLtdaMember_1" xlink:title="Label : TropicalTransportesIpirangaLtdaMember to label_TropicalTransportesIpirangaLtdaMember_1" />
    <link:label xlink:type="resource" xlink:label="label_TropicalTransportesIpirangaLtdaMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TropicalTransportesIpirangaLtdaMember_2" xml:lang="en-US" id="label_TropicalTransportesIpirangaLtdaMember_2">Tropical Transportes Ipiranga Ltda [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TropicalTransportesIpirangaLtdaMember" xlink:to="label_TropicalTransportesIpirangaLtdaMember_2" xlink:title="Label : TropicalTransportesIpirangaLtdaMember to label_TropicalTransportesIpirangaLtdaMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_IpirangaImobiliriaLtdaMember" xlink:label="IpirangaImobiliriaLtdaMember" xlink:title="IpirangaImobiliriaLtdaMember" />
    <link:label xlink:type="resource" xlink:label="label_IpirangaImobiliriaLtdaMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_IpirangaImobiliriaLtdaMember" xml:lang="en-US" id="label_IpirangaImobiliriaLtdaMember">This member stands for the information pertaining to Ipiranga Imobiliria Ltda.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IpirangaImobiliriaLtdaMember" xlink:to="label_IpirangaImobiliriaLtdaMember" xlink:title="Label : IpirangaImobiliriaLtdaMember to label_IpirangaImobiliriaLtdaMember" />
    <link:label xlink:type="resource" xlink:label="label_IpirangaImobiliriaLtdaMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IpirangaImobiliriaLtdaMember_1" xml:lang="en-US" id="label_IpirangaImobiliriaLtdaMember_1">Ipiranga Imobiliria Ltda [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IpirangaImobiliriaLtdaMember" xlink:to="label_IpirangaImobiliriaLtdaMember_1" xlink:title="Label : IpirangaImobiliriaLtdaMember to label_IpirangaImobiliriaLtdaMember_1" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IpirangaLogsticaLtdaMember" xlink:to="label_IpirangaLogsticaLtdaMember" xlink:title="Label : IpirangaLogsticaLtdaMember to label_IpirangaLogsticaLtdaMember" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IpirangaLogsticaLtdaMember" xlink:to="label_IpirangaLogsticaLtdaMember_2" xlink:title="Label : IpirangaLogsticaLtdaMember to label_IpirangaLogsticaLtdaMember_2" />
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    <link:label xlink:type="resource" xlink:label="label_OilTradingImportadoraExportadoraLtdaMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_OilTradingImportadoraExportadoraLtdaMember_2" xml:lang="en-US" id="label_OilTradingImportadoraExportadoraLtdaMember_2">This member stands for the information pertaining to Oil Trading Importadora e Exportadora Ltda.</link:label>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IconicLubrificantesSAMember" xlink:to="label_IconicLubrificantesSAMember" xlink:title="Label : IconicLubrificantesSAMember to label_IconicLubrificantesSAMember" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IconicLubrificantesSAMember" xlink:to="label_IconicLubrificantesSAMember_2" xlink:title="Label : IconicLubrificantesSAMember to label_IconicLubrificantesSAMember_2" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IntegraFrotasLtdaMember" xlink:to="label_IntegraFrotasLtdaMember" xlink:title="Label : IntegraFrotasLtdaMember to label_IntegraFrotasLtdaMember" />
    <link:label xlink:type="resource" xlink:label="label_IntegraFrotasLtdaMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IntegraFrotasLtdaMember_1" xml:lang="en-US" id="label_IntegraFrotasLtdaMember_1">Integra Frotas Ltda [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IntegraFrotasLtdaMember" xlink:to="label_IntegraFrotasLtdaMember_1" xlink:title="Label : IntegraFrotasLtdaMember to label_IntegraFrotasLtdaMember_1" />
    <link:label xlink:type="resource" xlink:label="label_IntegraFrotasLtdaMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IntegraFrotasLtdaMember_2" xml:lang="en-US" id="label_IntegraFrotasLtdaMember_2">Integra Frotas Ltda [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IntegraFrotasLtdaMember" xlink:to="label_IntegraFrotasLtdaMember_2" xlink:title="Label : IntegraFrotasLtdaMember to label_IntegraFrotasLtdaMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_CompanhiaUltragazMember" xlink:label="CompanhiaUltragazMember" xlink:title="CompanhiaUltragazMember" />
    <link:label xlink:type="resource" xlink:label="label_CompanhiaUltragazMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CompanhiaUltragazMember" xml:lang="en-US" id="label_CompanhiaUltragazMember">Companhia Ultragaz [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CompanhiaUltragazMember" xlink:to="label_CompanhiaUltragazMember" xlink:title="Label : CompanhiaUltragazMember to label_CompanhiaUltragazMember" />
    <link:label xlink:type="resource" xlink:label="label_CompanhiaUltragazMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CompanhiaUltragazMember_1" xml:lang="en-US" id="label_CompanhiaUltragazMember_1">Companhia Ultragaz S A [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CompanhiaUltragazMember" xlink:to="label_CompanhiaUltragazMember_1" xlink:title="Label : CompanhiaUltragazMember to label_CompanhiaUltragazMember_1" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CompanhiaUltragazMember" xlink:to="label_CompanhiaUltragazMember_2" xlink:title="Label : CompanhiaUltragazMember to label_CompanhiaUltragazMember_2" />
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    <link:label xlink:type="resource" xlink:label="label_UltragazComercialLtdaMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_UltragazComercialLtdaMember" xml:lang="en-US" id="label_UltragazComercialLtdaMember">This member stands for the information pertaining to Ultragaz Comercial Ltda.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UltragazComercialLtdaMember" xlink:to="label_UltragazComercialLtdaMember" xlink:title="Label : UltragazComercialLtdaMember to label_UltragazComercialLtdaMember" />
    <link:label xlink:type="resource" xlink:label="label_UltragazComercialLtdaMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_UltragazComercialLtdaMember_1" xml:lang="en-US" id="label_UltragazComercialLtdaMember_1">Ultragaz Comercial Ltda [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UltragazComercialLtdaMember" xlink:to="label_UltragazComercialLtdaMember_1" xlink:title="Label : UltragazComercialLtdaMember to label_UltragazComercialLtdaMember_1" />
    <link:label xlink:type="resource" xlink:label="label_UltragazComercialLtdaMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_UltragazComercialLtdaMember_2" xml:lang="en-US" id="label_UltragazComercialLtdaMember_2">Ultragaz Comercial Ltda [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UltragazComercialLtdaMember" xlink:to="label_UltragazComercialLtdaMember_2" xlink:title="Label : UltragazComercialLtdaMember to label_UltragazComercialLtdaMember_2" />
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    <link:label xlink:type="resource" xlink:label="label_NovaParanaDistribuidoraDeGasLtdaMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_NovaParanaDistribuidoraDeGasLtdaMember" xml:lang="en-US" id="label_NovaParanaDistribuidoraDeGasLtdaMember">This member stands for the information pertaining to Nova Paran&#xE1; Distribuidora de G&#xE1;s Ltda.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NovaParanaDistribuidoraDeGasLtdaMember" xlink:to="label_NovaParanaDistribuidoraDeGasLtdaMember" xlink:title="Label : NovaParanaDistribuidoraDeGasLtdaMember to label_NovaParanaDistribuidoraDeGasLtdaMember" />
    <link:label xlink:type="resource" xlink:label="label_NovaParanaDistribuidoraDeGasLtdaMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NovaParanaDistribuidoraDeGasLtdaMember_1" xml:lang="en-US" id="label_NovaParanaDistribuidoraDeGasLtdaMember_1">Nova Paran&#xE1; Distribuidora de G&#xE1;s Ltda. [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NovaParanaDistribuidoraDeGasLtdaMember" xlink:to="label_NovaParanaDistribuidoraDeGasLtdaMember_1" xlink:title="Label : NovaParanaDistribuidoraDeGasLtdaMember to label_NovaParanaDistribuidoraDeGasLtdaMember_1" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NovaParanaDistribuidoraDeGasLtdaMember" xlink:to="label_NovaParanaDistribuidoraDeGasLtdaMember_2" xlink:title="Label : NovaParanaDistribuidoraDeGasLtdaMember to label_NovaParanaDistribuidoraDeGasLtdaMember_2" />
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    <link:label xlink:type="resource" xlink:label="label_UtingasArmazenadoraMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_UtingasArmazenadoraMember" xml:lang="en-US" id="label_UtingasArmazenadoraMember">Utingas Armazenadora [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UtingasArmazenadoraMember" xlink:to="label_UtingasArmazenadoraMember" xlink:title="Label : UtingasArmazenadoraMember to label_UtingasArmazenadoraMember" />
    <link:label xlink:type="resource" xlink:label="label_UtingasArmazenadoraMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_UtingasArmazenadoraMember_1" xml:lang="en-US" id="label_UtingasArmazenadoraMember_1">Utingas Armazenadora S.A. [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UtingasArmazenadoraMember" xlink:to="label_UtingasArmazenadoraMember_1" xlink:title="Label : UtingasArmazenadoraMember to label_UtingasArmazenadoraMember_1" />
    <link:label xlink:type="resource" xlink:label="label_UtingasArmazenadoraMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_UtingasArmazenadoraMember_2" xml:lang="en-US" id="label_UtingasArmazenadoraMember_2">This member stands for the information pertaining to Utingas Armazenadora S.A.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UtingasArmazenadoraMember" xlink:to="label_UtingasArmazenadoraMember_2" xlink:title="Label : UtingasArmazenadoraMember to label_UtingasArmazenadoraMember_2" />
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    <link:label xlink:type="resource" xlink:label="label_BahianaDistribuidoraDeGasLtdaMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_BahianaDistribuidoraDeGasLtdaMember" xml:lang="en-US" id="label_BahianaDistribuidoraDeGasLtdaMember">Bahiana Distribuidora De Gas Ltda [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BahianaDistribuidoraDeGasLtdaMember" xlink:to="label_BahianaDistribuidoraDeGasLtdaMember" xlink:title="Label : BahianaDistribuidoraDeGasLtdaMember to label_BahianaDistribuidoraDeGasLtdaMember" />
    <link:label xlink:type="resource" xlink:label="label_BahianaDistribuidoraDeGasLtdaMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_BahianaDistribuidoraDeGasLtdaMember_1" xml:lang="en-US" id="label_BahianaDistribuidoraDeGasLtdaMember_1">Bahiana Distribuidora De Gas Ltda [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BahianaDistribuidoraDeGasLtdaMember" xlink:to="label_BahianaDistribuidoraDeGasLtdaMember_1" xlink:title="Label : BahianaDistribuidoraDeGasLtdaMember to label_BahianaDistribuidoraDeGasLtdaMember_1" />
    <link:label xlink:type="resource" xlink:label="label_BahianaDistribuidoraDeGasLtdaMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_BahianaDistribuidoraDeGasLtdaMember_2" xml:lang="en-US" id="label_BahianaDistribuidoraDeGasLtdaMember_2">This member stands for the information pertaining to Bahiana Distribuidora de Gas Ltda.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BahianaDistribuidoraDeGasLtdaMember" xlink:to="label_BahianaDistribuidoraDeGasLtdaMember_2" xlink:title="Label : BahianaDistribuidoraDeGasLtdaMember to label_BahianaDistribuidoraDeGasLtdaMember_2" />
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    <link:label xlink:type="resource" xlink:label="label_OxitenoMexicoSADeCVMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OxitenoMexicoSADeCVMember_1" xml:lang="en-US" id="label_OxitenoMexicoSADeCVMember_1">Oxiteno M&#xE9;xico S.A de C.V [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OxitenoMexicoSADeCVMember" xlink:to="label_OxitenoMexicoSADeCVMember_1" xlink:title="Label : OxitenoMexicoSADeCVMember to label_OxitenoMexicoSADeCVMember_1" />
    <link:label xlink:type="resource" xlink:label="label_OxitenoMexicoSADeCVMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OxitenoMexicoSADeCVMember_2" xml:lang="en-US" id="label_OxitenoMexicoSADeCVMember_2">Oxiteno Mexico S A De C V [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OxitenoMexicoSADeCVMember" xlink:to="label_OxitenoMexicoSADeCVMember_2" xlink:title="Label : OxitenoMexicoSADeCVMember to label_OxitenoMexicoSADeCVMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_OxitenoServiciosCorporativosSADeCVMember" xlink:label="OxitenoServiciosCorporativosSADeCVMember" xlink:title="OxitenoServiciosCorporativosSADeCVMember" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OxitenoServiciosCorporativosSADeCVMember" xlink:to="label_OxitenoServiciosCorporativosSADeCVMember" xlink:title="Label : OxitenoServiciosCorporativosSADeCVMember to label_OxitenoServiciosCorporativosSADeCVMember" />
    <link:label xlink:type="resource" xlink:label="label_OxitenoServiciosCorporativosSADeCVMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OxitenoServiciosCorporativosSADeCVMember_1" xml:lang="en-US" id="label_OxitenoServiciosCorporativosSADeCVMember_1">Oxiteno Servicios Corporativos SA de CV [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OxitenoServiciosCorporativosSADeCVMember" xlink:to="label_OxitenoServiciosCorporativosSADeCVMember_1" xlink:title="Label : OxitenoServiciosCorporativosSADeCVMember to label_OxitenoServiciosCorporativosSADeCVMember_1" />
    <link:label xlink:type="resource" xlink:label="label_OxitenoServiciosCorporativosSADeCVMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_OxitenoServiciosCorporativosSADeCVMember_2" xml:lang="en-US" id="label_OxitenoServiciosCorporativosSADeCVMember_2">This member stands for the information pertaining to Oxiteno Servicios Corporativos S.A. de C.V.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OxitenoServiciosCorporativosSADeCVMember" xlink:to="label_OxitenoServiciosCorporativosSADeCVMember_2" xlink:title="Label : OxitenoServiciosCorporativosSADeCVMember to label_OxitenoServiciosCorporativosSADeCVMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_OxitenoServiciosIndustrialsDeCVMember" xlink:label="OxitenoServiciosIndustrialsDeCVMember" xlink:title="OxitenoServiciosIndustrialsDeCVMember" />
    <link:label xlink:type="resource" xlink:label="label_OxitenoServiciosIndustrialsDeCVMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OxitenoServiciosIndustrialsDeCVMember" xml:lang="en-US" id="label_OxitenoServiciosIndustrialsDeCVMember">Oxiteno Servicios Industrials De C V [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OxitenoServiciosIndustrialsDeCVMember" xlink:to="label_OxitenoServiciosIndustrialsDeCVMember" xlink:title="Label : OxitenoServiciosIndustrialsDeCVMember to label_OxitenoServiciosIndustrialsDeCVMember" />
    <link:label xlink:type="resource" xlink:label="label_OxitenoServiciosIndustrialsDeCVMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OxitenoServiciosIndustrialsDeCVMember_1" xml:lang="en-US" id="label_OxitenoServiciosIndustrialsDeCVMember_1">Oxiteno Servicios Industriales de CV [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OxitenoServiciosIndustrialsDeCVMember" xlink:to="label_OxitenoServiciosIndustrialsDeCVMember_1" xlink:title="Label : OxitenoServiciosIndustrialsDeCVMember to label_OxitenoServiciosIndustrialsDeCVMember_1" />
    <link:label xlink:type="resource" xlink:label="label_OxitenoServiciosIndustrialsDeCVMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_OxitenoServiciosIndustrialsDeCVMember_2" xml:lang="en-US" id="label_OxitenoServiciosIndustrialsDeCVMember_2">This member stands for the information pertaining to Oxiteno Servicios Industriales de C.V.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OxitenoServiciosIndustrialsDeCVMember" xlink:to="label_OxitenoServiciosIndustrialsDeCVMember_2" xlink:title="Label : OxitenoServiciosIndustrialsDeCVMember to label_OxitenoServiciosIndustrialsDeCVMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_OxitenoUSALLCMember" xlink:label="OxitenoUSALLCMember" xlink:title="OxitenoUSALLCMember" />
    <link:label xlink:type="resource" xlink:label="label_OxitenoUSALLCMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OxitenoUSALLCMember" xml:lang="en-US" id="label_OxitenoUSALLCMember">Oxiteno U S A L L C [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OxitenoUSALLCMember" xlink:to="label_OxitenoUSALLCMember" xlink:title="Label : OxitenoUSALLCMember to label_OxitenoUSALLCMember" />
    <link:label xlink:type="resource" xlink:label="label_OxitenoUSALLCMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OxitenoUSALLCMember_1" xml:lang="en-US" id="label_OxitenoUSALLCMember_1">Oxiteno USA LLC [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OxitenoUSALLCMember" xlink:to="label_OxitenoUSALLCMember_1" xlink:title="Label : OxitenoUSALLCMember to label_OxitenoUSALLCMember_1" />
    <link:label xlink:type="resource" xlink:label="label_OxitenoUSALLCMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_OxitenoUSALLCMember_2" xml:lang="en-US" id="label_OxitenoUSALLCMember_2">This member stands for the information pertaining to Oxiteno USA LLC.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OxitenoUSALLCMember" xlink:to="label_OxitenoUSALLCMember_2" xlink:title="Label : OxitenoUSALLCMember to label_OxitenoUSALLCMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_GlobalPetroleumProductsTradingCorporationMember" xlink:label="GlobalPetroleumProductsTradingCorporationMember" xlink:title="GlobalPetroleumProductsTradingCorporationMember" />
    <link:label xlink:type="resource" xlink:label="label_GlobalPetroleumProductsTradingCorporationMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_GlobalPetroleumProductsTradingCorporationMember" xml:lang="en-US" id="label_GlobalPetroleumProductsTradingCorporationMember">This member stands for the information pertaining to Global petroleum products trading corporation.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GlobalPetroleumProductsTradingCorporationMember" xlink:to="label_GlobalPetroleumProductsTradingCorporationMember" xlink:title="Label : GlobalPetroleumProductsTradingCorporationMember to label_GlobalPetroleumProductsTradingCorporationMember" />
    <link:label xlink:type="resource" xlink:label="label_GlobalPetroleumProductsTradingCorporationMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_GlobalPetroleumProductsTradingCorporationMember_1" xml:lang="en-US" id="label_GlobalPetroleumProductsTradingCorporationMember_1">Global petroleum products trading corporation [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GlobalPetroleumProductsTradingCorporationMember" xlink:to="label_GlobalPetroleumProductsTradingCorporationMember_1" xlink:title="Label : GlobalPetroleumProductsTradingCorporationMember to label_GlobalPetroleumProductsTradingCorporationMember_1" />
    <link:label xlink:type="resource" xlink:label="label_GlobalPetroleumProductsTradingCorporationMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GlobalPetroleumProductsTradingCorporationMember_2" xml:lang="en-US" id="label_GlobalPetroleumProductsTradingCorporationMember_2">Global petroleum products trading corporation [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GlobalPetroleumProductsTradingCorporationMember" xlink:to="label_GlobalPetroleumProductsTradingCorporationMember_2" xlink:title="Label : GlobalPetroleumProductsTradingCorporationMember to label_GlobalPetroleumProductsTradingCorporationMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_OxitenoAndinaCAMember" xlink:label="OxitenoAndinaCAMember" xlink:title="OxitenoAndinaCAMember" />
    <link:label xlink:type="resource" xlink:label="label_OxitenoAndinaCAMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OxitenoAndinaCAMember" xml:lang="en-US" id="label_OxitenoAndinaCAMember">Oxiteno Andina C A [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OxitenoAndinaCAMember" xlink:to="label_OxitenoAndinaCAMember" xlink:title="Label : OxitenoAndinaCAMember to label_OxitenoAndinaCAMember" />
    <link:label xlink:type="resource" xlink:label="label_OxitenoAndinaCAMember_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_OxitenoAndinaCAMember_1" xml:lang="en-US" id="label_OxitenoAndinaCAMember_1">This member stands for the information pertaining to Oxiteno Andina, C.A.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OxitenoAndinaCAMember" xlink:to="label_OxitenoAndinaCAMember_1" xlink:title="Label : OxitenoAndinaCAMember to label_OxitenoAndinaCAMember_1" />
    <link:label xlink:type="resource" xlink:label="label_OxitenoAndinaCAMember_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OxitenoAndinaCAMember_2" xml:lang="en-US" id="label_OxitenoAndinaCAMember_2">Oxiteno Andina, C.A. [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OxitenoAndinaCAMember" xlink:to="label_OxitenoAndinaCAMember_2" xlink:title="Label : OxitenoAndinaCAMember to label_OxitenoAndinaCAMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_OxitenoEuropeSprlMember" xlink:label="OxitenoEuropeSprlMember" xlink:title="OxitenoEuropeSprlMember" />
    <link:label xlink:type="resource" xlink:label="label_OxitenoEuropeSprlMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_OxitenoEuropeSprlMember" xml:lang="en-US" id="label_OxitenoEuropeSprlMember">This member stands for the information pertaining to Oxiteno Europe SPRL.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OxitenoEuropeSprlMember" xlink:to="label_OxitenoEuropeSprlMember" xlink:title="Label : OxitenoEuropeSprlMember to label_OxitenoEuropeSprlMember" />
    <link:label xlink:type="resource" xlink:label="label_OxitenoEuropeSprlMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OxitenoEuropeSprlMember_1" xml:lang="en-US" id="label_OxitenoEuropeSprlMember_1">Oxiteno Europe SPRL [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OxitenoEuropeSprlMember" xlink:to="label_OxitenoEuropeSprlMember_1" xlink:title="Label : OxitenoEuropeSprlMember to label_OxitenoEuropeSprlMember_1" />
    <link:label xlink:type="resource" xlink:label="label_OxitenoEuropeSprlMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OxitenoEuropeSprlMember_2" xml:lang="en-US" id="label_OxitenoEuropeSprlMember_2">Oxiteno Europe SPRL [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OxitenoEuropeSprlMember" xlink:to="label_OxitenoEuropeSprlMember_2" xlink:title="Label : OxitenoEuropeSprlMember to label_OxitenoEuropeSprlMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_OxitenoColombiaSASMember" xlink:label="OxitenoColombiaSASMember" xlink:title="OxitenoColombiaSASMember" />
    <link:label xlink:type="resource" xlink:label="label_OxitenoColombiaSASMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OxitenoColombiaSASMember" xml:lang="en-US" id="label_OxitenoColombiaSASMember">Oxiteno Colombia S A S [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OxitenoColombiaSASMember" xlink:to="label_OxitenoColombiaSASMember" xlink:title="Label : OxitenoColombiaSASMember to label_OxitenoColombiaSASMember" />
    <link:label xlink:type="resource" xlink:label="label_OxitenoColombiaSASMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OxitenoColombiaSASMember_1" xml:lang="en-US" id="label_OxitenoColombiaSASMember_1">Oxiteno Colombia S A S [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OxitenoColombiaSASMember" xlink:to="label_OxitenoColombiaSASMember_1" xlink:title="Label : OxitenoColombiaSASMember to label_OxitenoColombiaSASMember_1" />
    <link:label xlink:type="resource" xlink:label="label_OxitenoColombiaSASMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_OxitenoColombiaSASMember_2" xml:lang="en-US" id="label_OxitenoColombiaSASMember_2">This member stands for the information pertaining to Oxiteno Colombia S A S.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OxitenoColombiaSASMember" xlink:to="label_OxitenoColombiaSASMember_2" xlink:title="Label : OxitenoColombiaSASMember to label_OxitenoColombiaSASMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_OxitenoShanghaiLtdMember" xlink:label="OxitenoShanghaiLtdMember" xlink:title="OxitenoShanghaiLtdMember" />
    <link:label xlink:type="resource" xlink:label="label_OxitenoShanghaiLtdMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_OxitenoShanghaiLtdMember" xml:lang="en-US" id="label_OxitenoShanghaiLtdMember">This member stands for the information pertaining to Oxiteno Shanghai LTD.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OxitenoShanghaiLtdMember" xlink:to="label_OxitenoShanghaiLtdMember" xlink:title="Label : OxitenoShanghaiLtdMember to label_OxitenoShanghaiLtdMember" />
    <link:label xlink:type="resource" xlink:label="label_OxitenoShanghaiLtdMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OxitenoShanghaiLtdMember_1" xml:lang="en-US" id="label_OxitenoShanghaiLtdMember_1">Oxiteno Shanghai LTD [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OxitenoShanghaiLtdMember" xlink:to="label_OxitenoShanghaiLtdMember_1" xlink:title="Label : OxitenoShanghaiLtdMember to label_OxitenoShanghaiLtdMember_1" />
    <link:label xlink:type="resource" xlink:label="label_OxitenoShanghaiLtdMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OxitenoShanghaiLtdMember_2" xml:lang="en-US" id="label_OxitenoShanghaiLtdMember_2">Oxiteno Shanghai LTD [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OxitenoShanghaiLtdMember" xlink:to="label_OxitenoShanghaiLtdMember_2" xlink:title="Label : OxitenoShanghaiLtdMember to label_OxitenoShanghaiLtdMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_EmpresaCariocaDeProdutosQuimicosSAMember" xlink:label="EmpresaCariocaDeProdutosQuimicosSAMember" xlink:title="EmpresaCariocaDeProdutosQuimicosSAMember" />
    <link:label xlink:type="resource" xlink:label="label_EmpresaCariocaDeProdutosQuimicosSAMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EmpresaCariocaDeProdutosQuimicosSAMember" xml:lang="en-US" id="label_EmpresaCariocaDeProdutosQuimicosSAMember">Empresa Carioca De Produtos Quimicos S A [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EmpresaCariocaDeProdutosQuimicosSAMember" xlink:to="label_EmpresaCariocaDeProdutosQuimicosSAMember" xlink:title="Label : EmpresaCariocaDeProdutosQuimicosSAMember to label_EmpresaCariocaDeProdutosQuimicosSAMember" />
    <link:label xlink:type="resource" xlink:label="label_EmpresaCariocaDeProdutosQuimicosSAMember_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_EmpresaCariocaDeProdutosQuimicosSAMember_1" xml:lang="en-US" id="label_EmpresaCariocaDeProdutosQuimicosSAMember_1">This member stands for the information pertaining to Empresa Carioca de Produtos Quimicos S A.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EmpresaCariocaDeProdutosQuimicosSAMember" xlink:to="label_EmpresaCariocaDeProdutosQuimicosSAMember_1" xlink:title="Label : EmpresaCariocaDeProdutosQuimicosSAMember to label_EmpresaCariocaDeProdutosQuimicosSAMember_1" />
    <link:label xlink:type="resource" xlink:label="label_EmpresaCariocaDeProdutosQuimicosSAMember_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_EmpresaCariocaDeProdutosQuimicosSAMember_2" xml:lang="en-US" id="label_EmpresaCariocaDeProdutosQuimicosSAMember_2">Empresa Carioca de Produtos Quimicos S A [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EmpresaCariocaDeProdutosQuimicosSAMember" xlink:to="label_EmpresaCariocaDeProdutosQuimicosSAMember_2" xlink:title="Label : EmpresaCariocaDeProdutosQuimicosSAMember to label_EmpresaCariocaDeProdutosQuimicosSAMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_UltracargoOperacoesLogisticasParticipacoesLtdaMember" xlink:label="UltracargoOperacoesLogisticasParticipacoesLtdaMember" xlink:title="UltracargoOperacoesLogisticasParticipacoesLtdaMember" />
    <link:label xlink:type="resource" xlink:label="label_UltracargoOperacoesLogisticasParticipacoesLtdaMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_UltracargoOperacoesLogisticasParticipacoesLtdaMember" xml:lang="en-US" id="label_UltracargoOperacoesLogisticasParticipacoesLtdaMember">Ultracargo Operacoes Logisticas Participacoes Ltda [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UltracargoOperacoesLogisticasParticipacoesLtdaMember" xlink:to="label_UltracargoOperacoesLogisticasParticipacoesLtdaMember" xlink:title="Label : UltracargoOperacoesLogisticasParticipacoesLtdaMember to label_UltracargoOperacoesLogisticasParticipacoesLtdaMember" />
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    <link:label xlink:type="resource" xlink:label="label_DirectControlInterestPercentage_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DirectControlInterestPercentage_1" xml:lang="en-US" id="label_DirectControlInterestPercentage_1">Direct control</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DirectControlInterestPercentage" xlink:to="label_DirectControlInterestPercentage_1" xlink:title="Label : DirectControlInterestPercentage to label_DirectControlInterestPercentage_1" />
    <link:label xlink:type="resource" xlink:label="label_DirectControlInterestPercentage_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DirectControlInterestPercentage_2" xml:lang="en-US" id="label_DirectControlInterestPercentage_2">Percentage of the Entity's direct control over the subsidiary.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DirectControlInterestPercentage" xlink:to="label_DirectControlInterestPercentage_2" xlink:title="Label : DirectControlInterestPercentage to label_DirectControlInterestPercentage_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_IndirectControlInterestPercentage" xlink:label="IndirectControlInterestPercentage" xlink:title="IndirectControlInterestPercentage" />
    <link:label xlink:type="resource" xlink:label="label_IndirectControlInterestPercentage" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IndirectControlInterestPercentage" xml:lang="en-US" id="label_IndirectControlInterestPercentage">Indirect control interest percentage</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IndirectControlInterestPercentage" xlink:to="label_IndirectControlInterestPercentage" xlink:title="Label : IndirectControlInterestPercentage to label_IndirectControlInterestPercentage" />
    <link:label xlink:type="resource" xlink:label="label_IndirectControlInterestPercentage_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IndirectControlInterestPercentage_1" xml:lang="en-US" id="label_IndirectControlInterestPercentage_1">Indirect control</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IndirectControlInterestPercentage" xlink:to="label_IndirectControlInterestPercentage_1" xlink:title="Label : IndirectControlInterestPercentage to label_IndirectControlInterestPercentage_1" />
    <link:label xlink:type="resource" xlink:label="label_IndirectControlInterestPercentage_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_IndirectControlInterestPercentage_2" xml:lang="en-US" id="label_IndirectControlInterestPercentage_2">Percentage of the Entity's indirect control over the subsidiary.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IndirectControlInterestPercentage" xlink:to="label_IndirectControlInterestPercentage_2" xlink:title="Label : IndirectControlInterestPercentage to label_IndirectControlInterestPercentage_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_CashCashEquivalentsAndFinancialInvestments" xlink:label="CashCashEquivalentsAndFinancialInvestments" xlink:title="CashCashEquivalentsAndFinancialInvestments" />
    <link:label xlink:type="resource" xlink:label="label_CashCashEquivalentsAndFinancialInvestments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CashCashEquivalentsAndFinancialInvestments" xml:lang="en-US" id="label_CashCashEquivalentsAndFinancialInvestments">Cash cash equivalents and financial investments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashCashEquivalentsAndFinancialInvestments" xlink:to="label_CashCashEquivalentsAndFinancialInvestments" xlink:title="Label : CashCashEquivalentsAndFinancialInvestments to label_CashCashEquivalentsAndFinancialInvestments" />
    <link:label xlink:type="resource" xlink:label="label_CashCashEquivalentsAndFinancialInvestments_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CashCashEquivalentsAndFinancialInvestments_1" xml:lang="en-US" id="label_CashCashEquivalentsAndFinancialInvestments_1">Cash, cash equivalents, and financial investments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashCashEquivalentsAndFinancialInvestments" xlink:to="label_CashCashEquivalentsAndFinancialInvestments_1" xlink:title="Label : CashCashEquivalentsAndFinancialInvestments to label_CashCashEquivalentsAndFinancialInvestments_1" />
    <link:label xlink:type="resource" xlink:label="label_CashCashEquivalentsAndFinancialInvestments_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_CashCashEquivalentsAndFinancialInvestments_2" xml:lang="en-US" id="label_CashCashEquivalentsAndFinancialInvestments_2">Counterparty credit rating</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashCashEquivalentsAndFinancialInvestments" xlink:to="label_CashCashEquivalentsAndFinancialInvestments_2" xlink:title="Label : CashCashEquivalentsAndFinancialInvestments to label_CashCashEquivalentsAndFinancialInvestments_2" />
    <link:label xlink:type="resource" xlink:label="label_CashCashEquivalentsAndFinancialInvestments_3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_CashCashEquivalentsAndFinancialInvestments_3" xml:lang="en-US" id="label_CashCashEquivalentsAndFinancialInvestments_3">The amount of cash on hand and demand deposits, along with short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value. [Refer: Cash; Cash equivalents]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashCashEquivalentsAndFinancialInvestments" xlink:to="label_CashCashEquivalentsAndFinancialInvestments_3" xlink:title="Label : CashCashEquivalentsAndFinancialInvestments to label_CashCashEquivalentsAndFinancialInvestments_3" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_CashAndBankDepositsInLocalCurrency" xlink:label="CashAndBankDepositsInLocalCurrency" xlink:title="CashAndBankDepositsInLocalCurrency" />
    <link:label xlink:type="resource" xlink:label="label_CashAndBankDepositsInLocalCurrency" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_CashAndBankDepositsInLocalCurrency" xml:lang="en-US" id="label_CashAndBankDepositsInLocalCurrency">The amount of cash on hand and bank deposits in local currency.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndBankDepositsInLocalCurrency" xlink:to="label_CashAndBankDepositsInLocalCurrency" xlink:title="Label : CashAndBankDepositsInLocalCurrency to label_CashAndBankDepositsInLocalCurrency" />
    <link:label xlink:type="resource" xlink:label="label_CashAndBankDepositsInLocalCurrency_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CashAndBankDepositsInLocalCurrency_1" xml:lang="en-US" id="label_CashAndBankDepositsInLocalCurrency_1">Cash and bank deposits in local currency</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndBankDepositsInLocalCurrency" xlink:to="label_CashAndBankDepositsInLocalCurrency_1" xlink:title="Label : CashAndBankDepositsInLocalCurrency to label_CashAndBankDepositsInLocalCurrency_1" />
    <link:label xlink:type="resource" xlink:label="label_CashAndBankDepositsInLocalCurrency_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CashAndBankDepositsInLocalCurrency_2" xml:lang="en-US" id="label_CashAndBankDepositsInLocalCurrency_2">Cash and bank deposits in local currency</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndBankDepositsInLocalCurrency" xlink:to="label_CashAndBankDepositsInLocalCurrency_2" xlink:title="Label : CashAndBankDepositsInLocalCurrency to label_CashAndBankDepositsInLocalCurrency_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_CashAndBankDepositsInForeignCurrency" xlink:label="CashAndBankDepositsInForeignCurrency" xlink:title="CashAndBankDepositsInForeignCurrency" />
    <link:label xlink:type="resource" xlink:label="label_CashAndBankDepositsInForeignCurrency" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_CashAndBankDepositsInForeignCurrency" xml:lang="en-US" id="label_CashAndBankDepositsInForeignCurrency">The amount of cash on hand and bank deposits in foreign currency.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndBankDepositsInForeignCurrency" xlink:to="label_CashAndBankDepositsInForeignCurrency" xlink:title="Label : CashAndBankDepositsInForeignCurrency to label_CashAndBankDepositsInForeignCurrency" />
    <link:label xlink:type="resource" xlink:label="label_CashAndBankDepositsInForeignCurrency_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CashAndBankDepositsInForeignCurrency_1" xml:lang="en-US" id="label_CashAndBankDepositsInForeignCurrency_1">Cash and bank deposits in foreign currency</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndBankDepositsInForeignCurrency" xlink:to="label_CashAndBankDepositsInForeignCurrency_1" xlink:title="Label : CashAndBankDepositsInForeignCurrency to label_CashAndBankDepositsInForeignCurrency_1" />
    <link:label xlink:type="resource" xlink:label="label_CashAndBankDepositsInForeignCurrency_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CashAndBankDepositsInForeignCurrency_2" xml:lang="en-US" id="label_CashAndBankDepositsInForeignCurrency_2">Cash and bank deposits in foreign currency</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndBankDepositsInForeignCurrency" xlink:to="label_CashAndBankDepositsInForeignCurrency_2" xlink:title="Label : CashAndBankDepositsInForeignCurrency to label_CashAndBankDepositsInForeignCurrency_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_FinancialInvestmentsConsideredCashEquivalentsInLocalCurrency" xlink:label="FinancialInvestmentsConsideredCashEquivalentsInLocalCurrency" xlink:title="FinancialInvestmentsConsideredCashEquivalentsInLocalCurrency" />
    <link:label xlink:type="resource" xlink:label="label_FinancialInvestmentsConsideredCashEquivalentsInLocalCurrency" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_FinancialInvestmentsConsideredCashEquivalentsInLocalCurrency" xml:lang="en-US" id="label_FinancialInvestmentsConsideredCashEquivalentsInLocalCurrency">Fixed-income securities in local currency</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialInvestmentsConsideredCashEquivalentsInLocalCurrency" xlink:to="label_FinancialInvestmentsConsideredCashEquivalentsInLocalCurrency" xlink:title="Label : FinancialInvestmentsConsideredCashEquivalentsInLocalCurrency to label_FinancialInvestmentsConsideredCashEquivalentsInLocalCurrency" />
    <link:label xlink:type="resource" xlink:label="label_FinancialInvestmentsConsideredCashEquivalentsInLocalCurrency_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FinancialInvestmentsConsideredCashEquivalentsInLocalCurrency_1" xml:lang="en-US" id="label_FinancialInvestmentsConsideredCashEquivalentsInLocalCurrency_1">Financial investments considered cash equivalents in local currency</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialInvestmentsConsideredCashEquivalentsInLocalCurrency" xlink:to="label_FinancialInvestmentsConsideredCashEquivalentsInLocalCurrency_1" xlink:title="Label : FinancialInvestmentsConsideredCashEquivalentsInLocalCurrency to label_FinancialInvestmentsConsideredCashEquivalentsInLocalCurrency_1" />
    <link:label xlink:type="resource" xlink:label="label_FinancialInvestmentsConsideredCashEquivalentsInLocalCurrency_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_FinancialInvestmentsConsideredCashEquivalentsInLocalCurrency_2" xml:lang="en-US" id="label_FinancialInvestmentsConsideredCashEquivalentsInLocalCurrency_2">Investment in local currency that provides a return in the form of fixed periodic payments and the eventual return of principal at maturity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialInvestmentsConsideredCashEquivalentsInLocalCurrency" xlink:to="label_FinancialInvestmentsConsideredCashEquivalentsInLocalCurrency_2" xlink:title="Label : FinancialInvestmentsConsideredCashEquivalentsInLocalCurrency to label_FinancialInvestmentsConsideredCashEquivalentsInLocalCurrency_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_FinancialInvestmentsConsideredCashEquivalentsInForeignCurrency" xlink:label="FinancialInvestmentsConsideredCashEquivalentsInForeignCurrency" xlink:title="FinancialInvestmentsConsideredCashEquivalentsInForeignCurrency" />
    <link:label xlink:type="resource" xlink:label="label_FinancialInvestmentsConsideredCashEquivalentsInForeignCurrency" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FinancialInvestmentsConsideredCashEquivalentsInForeignCurrency" xml:lang="en-US" id="label_FinancialInvestmentsConsideredCashEquivalentsInForeignCurrency">Financial investments considered cash equivalents in foreign currency</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialInvestmentsConsideredCashEquivalentsInForeignCurrency" xlink:to="label_FinancialInvestmentsConsideredCashEquivalentsInForeignCurrency" xlink:title="Label : FinancialInvestmentsConsideredCashEquivalentsInForeignCurrency to label_FinancialInvestmentsConsideredCashEquivalentsInForeignCurrency" />
    <link:label xlink:type="resource" xlink:label="label_FinancialInvestmentsConsideredCashEquivalentsInForeignCurrency_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_FinancialInvestmentsConsideredCashEquivalentsInForeignCurrency_1" xml:lang="en-US" id="label_FinancialInvestmentsConsideredCashEquivalentsInForeignCurrency_1">Fixed-income securities in foreign currency</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialInvestmentsConsideredCashEquivalentsInForeignCurrency" xlink:to="label_FinancialInvestmentsConsideredCashEquivalentsInForeignCurrency_1" xlink:title="Label : FinancialInvestmentsConsideredCashEquivalentsInForeignCurrency to label_FinancialInvestmentsConsideredCashEquivalentsInForeignCurrency_1" />
    <link:label xlink:type="resource" xlink:label="label_FinancialInvestmentsConsideredCashEquivalentsInForeignCurrency_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_FinancialInvestmentsConsideredCashEquivalentsInForeignCurrency_2" xml:lang="en-US" id="label_FinancialInvestmentsConsideredCashEquivalentsInForeignCurrency_2">Investment in foreign currency that provides a return in the form of fixed periodic payments and the eventual return of principal at maturity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialInvestmentsConsideredCashEquivalentsInForeignCurrency" xlink:to="label_FinancialInvestmentsConsideredCashEquivalentsInForeignCurrency_2" xlink:title="Label : FinancialInvestmentsConsideredCashEquivalentsInForeignCurrency to label_FinancialInvestmentsConsideredCashEquivalentsInForeignCurrency_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_FinancialInvestmentsInLocalCurrency" xlink:label="FinancialInvestmentsInLocalCurrency" xlink:title="FinancialInvestmentsInLocalCurrency" />
    <link:label xlink:type="resource" xlink:label="label_FinancialInvestmentsInLocalCurrency" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FinancialInvestmentsInLocalCurrency" xml:lang="en-US" id="label_FinancialInvestmentsInLocalCurrency">Financial investments in local currency</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialInvestmentsInLocalCurrency" xlink:to="label_FinancialInvestmentsInLocalCurrency" xlink:title="Label : FinancialInvestmentsInLocalCurrency to label_FinancialInvestmentsInLocalCurrency" />
    <link:label xlink:type="resource" xlink:label="label_FinancialInvestmentsInLocalCurrency_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_FinancialInvestmentsInLocalCurrency_1" xml:lang="en-US" id="label_FinancialInvestmentsInLocalCurrency_1">Financial investments in local currency, fixed-income securities and funds</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialInvestmentsInLocalCurrency" xlink:to="label_FinancialInvestmentsInLocalCurrency_1" xlink:title="Label : FinancialInvestmentsInLocalCurrency to label_FinancialInvestmentsInLocalCurrency_1" />
    <link:label xlink:type="resource" xlink:label="label_FinancialInvestmentsInLocalCurrency_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_FinancialInvestmentsInLocalCurrency_2" xml:lang="en-US" id="label_FinancialInvestmentsInLocalCurrency_2">Investment in local currency that provides a return in the form of fixed periodic payments and the eventual return of principal at maturity. Funds gathers capital from a number of investors to create a pool of money that is then re-invested into assets.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialInvestmentsInLocalCurrency" xlink:to="label_FinancialInvestmentsInLocalCurrency_2" xlink:title="Label : FinancialInvestmentsInLocalCurrency to label_FinancialInvestmentsInLocalCurrency_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_FinancialInvestmentsInForeignCurrency" xlink:label="FinancialInvestmentsInForeignCurrency" xlink:title="FinancialInvestmentsInForeignCurrency" />
    <link:label xlink:type="resource" xlink:label="label_FinancialInvestmentsInForeignCurrency" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_FinancialInvestmentsInForeignCurrency" xml:lang="en-US" id="label_FinancialInvestmentsInForeignCurrency">Financial investments in foreign currency, fixed-income securities and funds</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialInvestmentsInForeignCurrency" xlink:to="label_FinancialInvestmentsInForeignCurrency" xlink:title="Label : FinancialInvestmentsInForeignCurrency to label_FinancialInvestmentsInForeignCurrency" />
    <link:label xlink:type="resource" xlink:label="label_FinancialInvestmentsInForeignCurrency_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FinancialInvestmentsInForeignCurrency_1" xml:lang="en-US" id="label_FinancialInvestmentsInForeignCurrency_1">Financial investments in foreign currency</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialInvestmentsInForeignCurrency" xlink:to="label_FinancialInvestmentsInForeignCurrency_1" xlink:title="Label : FinancialInvestmentsInForeignCurrency to label_FinancialInvestmentsInForeignCurrency_1" />
    <link:label xlink:type="resource" xlink:label="label_FinancialInvestmentsInForeignCurrency_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_FinancialInvestmentsInForeignCurrency_2" xml:lang="en-US" id="label_FinancialInvestmentsInForeignCurrency_2">Investment in foreign currency that provides a return in the form of fixed periodic payments and the eventual return of principal at maturity. Funds gathers capital from a number of investors to create a pool of money that is then re-invested into assets.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialInvestmentsInForeignCurrency" xlink:to="label_FinancialInvestmentsInForeignCurrency_2" xlink:title="Label : FinancialInvestmentsInForeignCurrency to label_FinancialInvestmentsInForeignCurrency_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_CurencyAndInterestRateHedgingInstruments" xlink:label="CurencyAndInterestRateHedgingInstruments" xlink:title="CurencyAndInterestRateHedgingInstruments" />
    <link:label xlink:type="resource" xlink:label="label_CurencyAndInterestRateHedgingInstruments" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CurencyAndInterestRateHedgingInstruments" xml:lang="en-US" id="label_CurencyAndInterestRateHedgingInstruments">Currency and interest rate hedging instruments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurencyAndInterestRateHedgingInstruments" xlink:to="label_CurencyAndInterestRateHedgingInstruments" xlink:title="Label : CurencyAndInterestRateHedgingInstruments to label_CurencyAndInterestRateHedgingInstruments" />
    <link:label xlink:type="resource" xlink:label="label_CurencyAndInterestRateHedgingInstruments_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurencyAndInterestRateHedgingInstruments_1" xml:lang="en-US" id="label_CurencyAndInterestRateHedgingInstruments_1">Curency and interest rate hedging instruments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurencyAndInterestRateHedgingInstruments" xlink:to="label_CurencyAndInterestRateHedgingInstruments_1" xlink:title="Label : CurencyAndInterestRateHedgingInstruments to label_CurencyAndInterestRateHedgingInstruments_1" />
    <link:label xlink:type="resource" xlink:label="label_CurencyAndInterestRateHedgingInstruments_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_CurencyAndInterestRateHedgingInstruments_2" xml:lang="en-US" id="label_CurencyAndInterestRateHedgingInstruments_2">The amount of derivative assets pertaining to currency and interest rate hedging instruments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurencyAndInterestRateHedgingInstruments" xlink:to="label_CurencyAndInterestRateHedgingInstruments_2" xlink:title="Label : CurencyAndInterestRateHedgingInstruments to label_CurencyAndInterestRateHedgingInstruments_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_FinancialInvestments" xlink:label="FinancialInvestments" xlink:title="FinancialInvestments" />
    <link:label xlink:type="resource" xlink:label="label_FinancialInvestments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FinancialInvestments" xml:lang="en-US" id="label_FinancialInvestments">Financial investments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialInvestments" xlink:to="label_FinancialInvestments" xlink:title="Label : FinancialInvestments to label_FinancialInvestments" />
    <link:label xlink:type="resource" xlink:label="label_FinancialInvestments_1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_FinancialInvestments_1" xml:lang="en-US" id="label_FinancialInvestments_1">Total financial investments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialInvestments" xlink:to="label_FinancialInvestments_1" xlink:title="Label : FinancialInvestments to label_FinancialInvestments_1" />
    <link:label xlink:type="resource" xlink:label="label_FinancialInvestments_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_FinancialInvestments_2" xml:lang="en-US" id="label_FinancialInvestments_2">A financial asset is any asset that is: (a) cash; (b) an equity instrument of another entity; (c) a contractual right: (i) to receive cash or another financial asset from another entity; or (ii) to exchange financial assets or financial liabilities with another entity under conditions that are potentially favorable to the entity; or (d) a contract that will or may be settled in the entity's own equity instruments and is: (i) a non-derivative for which the entity is or may be obliged to receive a variable number of the entity's own equity instruments; or (ii) a derivative that will or may be settled other than by the exchange of a fixed amount of cash or another financial asset for a fixed number of the entity's own equity instruments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialInvestments" xlink:to="label_FinancialInvestments_2" xlink:title="Label : FinancialInvestments to label_FinancialInvestments_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_FinancialInvestmentsCurrent" xlink:label="FinancialInvestmentsCurrent" xlink:title="FinancialInvestmentsCurrent" />
    <link:label xlink:type="resource" xlink:label="label_FinancialInvestmentsCurrent" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_FinancialInvestmentsCurrent" xml:lang="en-US" id="label_FinancialInvestmentsCurrent">The amount of current financial investments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialInvestmentsCurrent" xlink:to="label_FinancialInvestmentsCurrent" xlink:title="Label : FinancialInvestmentsCurrent to label_FinancialInvestmentsCurrent" />
    <link:label xlink:type="resource" xlink:label="label_FinancialInvestmentsCurrent_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_FinancialInvestmentsCurrent_1" xml:lang="en-US" id="label_FinancialInvestmentsCurrent_1">Current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialInvestmentsCurrent" xlink:to="label_FinancialInvestmentsCurrent_1" xlink:title="Label : FinancialInvestmentsCurrent to label_FinancialInvestmentsCurrent_1" />
    <link:label xlink:type="resource" xlink:label="label_FinancialInvestmentsCurrent_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FinancialInvestmentsCurrent_2" xml:lang="en-US" id="label_FinancialInvestmentsCurrent_2">Financial investments current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialInvestmentsCurrent" xlink:to="label_FinancialInvestmentsCurrent_2" xlink:title="Label : FinancialInvestmentsCurrent to label_FinancialInvestmentsCurrent_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_FinancialInvestmentsNoncurrent" xlink:label="FinancialInvestmentsNoncurrent" xlink:title="FinancialInvestmentsNoncurrent" />
    <link:label xlink:type="resource" xlink:label="label_FinancialInvestmentsNoncurrent" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_FinancialInvestmentsNoncurrent" xml:lang="en-US" id="label_FinancialInvestmentsNoncurrent">The amount of non-current financial investments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialInvestmentsNoncurrent" xlink:to="label_FinancialInvestmentsNoncurrent" xlink:title="Label : FinancialInvestmentsNoncurrent to label_FinancialInvestmentsNoncurrent" />
    <link:label xlink:type="resource" xlink:label="label_FinancialInvestmentsNoncurrent_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_FinancialInvestmentsNoncurrent_1" xml:lang="en-US" id="label_FinancialInvestmentsNoncurrent_1">Non-current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialInvestmentsNoncurrent" xlink:to="label_FinancialInvestmentsNoncurrent_1" xlink:title="Label : FinancialInvestmentsNoncurrent to label_FinancialInvestmentsNoncurrent_1" />
    <link:label xlink:type="resource" xlink:label="label_FinancialInvestmentsNoncurrent_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FinancialInvestmentsNoncurrent_2" xml:lang="en-US" id="label_FinancialInvestmentsNoncurrent_2">Financial investments noncurrent</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialInvestmentsNoncurrent" xlink:to="label_FinancialInvestmentsNoncurrent_2" xlink:title="Label : FinancialInvestmentsNoncurrent to label_FinancialInvestmentsNoncurrent_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_TradeReceivablesAxis" xlink:label="TradeReceivablesAxis" xlink:title="TradeReceivablesAxis" />
    <link:label xlink:type="resource" xlink:label="label_TradeReceivablesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TradeReceivablesAxis" xml:lang="en-US" id="label_TradeReceivablesAxis">Trade Receivables [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeReceivablesAxis" xlink:to="label_TradeReceivablesAxis" xlink:title="Label : TradeReceivablesAxis to label_TradeReceivablesAxis" />
    <link:label xlink:type="resource" xlink:label="label_TradeReceivablesAxis_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TradeReceivablesAxis_1" xml:lang="en-US" id="label_TradeReceivablesAxis_1">Trade Receivables [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeReceivablesAxis" xlink:to="label_TradeReceivablesAxis_1" xlink:title="Label : TradeReceivablesAxis to label_TradeReceivablesAxis_1" />
    <link:label xlink:type="resource" xlink:label="label_TradeReceivablesAxis_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_TradeReceivablesAxis_2" xml:lang="en-US" id="label_TradeReceivablesAxis_2">Trade receivables.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeReceivablesAxis" xlink:to="label_TradeReceivablesAxis_2" xlink:title="Label : TradeReceivablesAxis to label_TradeReceivablesAxis_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_TradeReceivablesDomain" xlink:label="TradeReceivablesDomain" xlink:title="TradeReceivablesDomain" />
    <link:label xlink:type="resource" xlink:label="label_TradeReceivablesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TradeReceivablesDomain" xml:lang="en-US" id="label_TradeReceivablesDomain">Trade Receivables [domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeReceivablesDomain" xlink:to="label_TradeReceivablesDomain" xlink:title="Label : TradeReceivablesDomain to label_TradeReceivablesDomain" />
    <link:label xlink:type="resource" xlink:label="label_TradeReceivablesDomain_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TradeReceivablesDomain_1" xml:lang="en-US" id="label_TradeReceivablesDomain_1">Trade Receivables [domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeReceivablesDomain" xlink:to="label_TradeReceivablesDomain_1" xlink:title="Label : TradeReceivablesDomain to label_TradeReceivablesDomain_1" />
    <link:label xlink:type="resource" xlink:label="label_TradeReceivablesDomain_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_TradeReceivablesDomain_2" xml:lang="en-US" id="label_TradeReceivablesDomain_2">Trade receivables domain.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeReceivablesDomain" xlink:to="label_TradeReceivablesDomain_2" xlink:title="Label : TradeReceivablesDomain to label_TradeReceivablesDomain_2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2021/elts/srt-2021-01-31.xsd#srt_MajorCustomersAxis" xlink:label="MajorCustomersAxis" xlink:title="MajorCustomersAxis" />
    <link:label xlink:type="resource" xlink:label="label_MajorCustomersAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MajorCustomersAxis" xml:lang="en-US" id="label_MajorCustomersAxis">Customer [Axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MajorCustomersAxis" xlink:to="label_MajorCustomersAxis" xlink:title="Label : MajorCustomersAxis to label_MajorCustomersAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2021/elts/srt-2021-01-31.xsd#srt_NameOfMajorCustomerDomain" xlink:label="NameOfMajorCustomerDomain" xlink:title="NameOfMajorCustomerDomain" />
    <link:label xlink:type="resource" xlink:label="label_NameOfMajorCustomerDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NameOfMajorCustomerDomain" xml:lang="en-US" id="label_NameOfMajorCustomerDomain">Customer [Domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NameOfMajorCustomerDomain" xlink:to="label_NameOfMajorCustomerDomain" xlink:title="Label : NameOfMajorCustomerDomain to label_NameOfMajorCustomerDomain" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DomesticCustomersMember" xlink:label="DomesticCustomersMember" xlink:title="DomesticCustomersMember" />
    <link:label xlink:type="resource" xlink:label="label_DomesticCustomersMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DomesticCustomersMember" xml:lang="en-US" id="label_DomesticCustomersMember">This member stands for the information pertaining to domestic customers.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DomesticCustomersMember" xlink:to="label_DomesticCustomersMember" xlink:title="Label : DomesticCustomersMember to label_DomesticCustomersMember" />
    <link:label xlink:type="resource" xlink:label="label_DomesticCustomersMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DomesticCustomersMember_1" xml:lang="en-US" id="label_DomesticCustomersMember_1">Domestic customers [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DomesticCustomersMember" xlink:to="label_DomesticCustomersMember_1" xlink:title="Label : DomesticCustomersMember to label_DomesticCustomersMember_1" />
    <link:label xlink:type="resource" xlink:label="label_DomesticCustomersMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DomesticCustomersMember_2" xml:lang="en-US" id="label_DomesticCustomersMember_2">Domestic customers [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DomesticCustomersMember" xlink:to="label_DomesticCustomersMember_2" xlink:title="Label : DomesticCustomersMember to label_DomesticCustomersMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ForeignCustomersMember" xlink:label="ForeignCustomersMember" xlink:title="ForeignCustomersMember" />
    <link:label xlink:type="resource" xlink:label="label_ForeignCustomersMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ForeignCustomersMember" xml:lang="en-US" id="label_ForeignCustomersMember">This member stands for the information pertaining to foreign customers.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignCustomersMember" xlink:to="label_ForeignCustomersMember" xlink:title="Label : ForeignCustomersMember to label_ForeignCustomersMember" />
    <link:label xlink:type="resource" xlink:label="label_ForeignCustomersMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ForeignCustomersMember_1" xml:lang="en-US" id="label_ForeignCustomersMember_1">foreign customers [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignCustomersMember" xlink:to="label_ForeignCustomersMember_1" xlink:title="Label : ForeignCustomersMember to label_ForeignCustomersMember_1" />
    <link:label xlink:type="resource" xlink:label="label_ForeignCustomersMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ForeignCustomersMember_2" xml:lang="en-US" id="label_ForeignCustomersMember_2">foreign customers [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignCustomersMember" xlink:to="label_ForeignCustomersMember_2" xlink:title="Label : ForeignCustomersMember to label_ForeignCustomersMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_SummaryOfTradeReceivablesLineItems" xlink:label="SummaryOfTradeReceivablesLineItems" xlink:title="SummaryOfTradeReceivablesLineItems" />
    <link:label xlink:type="resource" xlink:label="label_SummaryOfTradeReceivablesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SummaryOfTradeReceivablesLineItems" xml:lang="en-US" id="label_SummaryOfTradeReceivablesLineItems">Summary of trade receivables [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SummaryOfTradeReceivablesLineItems" xlink:to="label_SummaryOfTradeReceivablesLineItems" xlink:title="Label : SummaryOfTradeReceivablesLineItems to label_SummaryOfTradeReceivablesLineItems" />
    <link:label xlink:type="resource" xlink:label="label_SummaryOfTradeReceivablesLineItems_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_SummaryOfTradeReceivablesLineItems_1" xml:lang="en-US" id="label_SummaryOfTradeReceivablesLineItems_1">Summary of trade receivables [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SummaryOfTradeReceivablesLineItems" xlink:to="label_SummaryOfTradeReceivablesLineItems_1" xlink:title="Label : SummaryOfTradeReceivablesLineItems to label_SummaryOfTradeReceivablesLineItems_1" />
    <link:label xlink:type="resource" xlink:label="label_SummaryOfTradeReceivablesLineItems_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_SummaryOfTradeReceivablesLineItems_2" xml:lang="en-US" id="label_SummaryOfTradeReceivablesLineItems_2">Summary of trade receivables.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SummaryOfTradeReceivablesLineItems" xlink:to="label_SummaryOfTradeReceivablesLineItems_2" xlink:title="Label : SummaryOfTradeReceivablesLineItems to label_SummaryOfTradeReceivablesLineItems_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_TradeReceivablesGross" xlink:label="TradeReceivablesGross" xlink:title="TradeReceivablesGross" />
    <link:label xlink:type="resource" xlink:label="label_TradeReceivablesGross" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_TradeReceivablesGross" xml:lang="en-US" id="label_TradeReceivablesGross">The amount of trade receivables, gross of allowance for doubtful accounts.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeReceivablesGross" xlink:to="label_TradeReceivablesGross" xlink:title="Label : TradeReceivablesGross to label_TradeReceivablesGross" />
    <link:label xlink:type="resource" xlink:label="label_TradeReceivablesGross_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TradeReceivablesGross_1" xml:lang="en-US" id="label_TradeReceivablesGross_1">Trade receivables, gross of loss allowance for expected credit losses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeReceivablesGross" xlink:to="label_TradeReceivablesGross_1" xlink:title="Label : TradeReceivablesGross to label_TradeReceivablesGross_1" />
    <link:label xlink:type="resource" xlink:label="label_TradeReceivablesGross_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TradeReceivablesGross_2" xml:lang="en-US" id="label_TradeReceivablesGross_2">Trade Receivables Gross</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeReceivablesGross" xlink:to="label_TradeReceivablesGross_2" xlink:title="Label : TradeReceivablesGross to label_TradeReceivablesGross_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_TradeReceivablesDueFromRelatedPartiesGross" xlink:label="TradeReceivablesDueFromRelatedPartiesGross" xlink:title="TradeReceivablesDueFromRelatedPartiesGross" />
    <link:label xlink:type="resource" xlink:label="label_TradeReceivablesDueFromRelatedPartiesGross" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TradeReceivablesDueFromRelatedPartiesGross" xml:lang="en-US" id="label_TradeReceivablesDueFromRelatedPartiesGross">Trade Receivables Due from Related Parties, Gross</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeReceivablesDueFromRelatedPartiesGross" xlink:to="label_TradeReceivablesDueFromRelatedPartiesGross" xlink:title="Label : TradeReceivablesDueFromRelatedPartiesGross to label_TradeReceivablesDueFromRelatedPartiesGross" />
    <link:label xlink:type="resource" xlink:label="label_TradeReceivablesDueFromRelatedPartiesGross_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TradeReceivablesDueFromRelatedPartiesGross_1" xml:lang="en-US" id="label_TradeReceivablesDueFromRelatedPartiesGross_1">Related parties</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeReceivablesDueFromRelatedPartiesGross" xlink:to="label_TradeReceivablesDueFromRelatedPartiesGross_1" xlink:title="Label : TradeReceivablesDueFromRelatedPartiesGross to label_TradeReceivablesDueFromRelatedPartiesGross_1" />
    <link:label xlink:type="resource" xlink:label="label_TradeReceivablesDueFromRelatedPartiesGross_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_TradeReceivablesDueFromRelatedPartiesGross_2" xml:lang="en-US" id="label_TradeReceivablesDueFromRelatedPartiesGross_2">The amount of trade receivables due from related parties, gross of allowance for doubtful accounts.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeReceivablesDueFromRelatedPartiesGross" xlink:to="label_TradeReceivablesDueFromRelatedPartiesGross_2" xlink:title="Label : TradeReceivablesDueFromRelatedPartiesGross to label_TradeReceivablesDueFromRelatedPartiesGross_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets" xlink:label="AllowanceAccountForCreditLossesOfFinancialAssets" xlink:title="AllowanceAccountForCreditLossesOfFinancialAssets" />
    <link:label xlink:type="resource" xlink:label="label_AllowanceAccountForCreditLossesOfFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AllowanceAccountForCreditLossesOfFinancialAssets" xml:lang="en-US" id="label_AllowanceAccountForCreditLossesOfFinancialAssets">Loss allowance for expected credit losses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllowanceAccountForCreditLossesOfFinancialAssets" xlink:to="label_AllowanceAccountForCreditLossesOfFinancialAssets" xlink:title="Label : AllowanceAccountForCreditLossesOfFinancialAssets to label_AllowanceAccountForCreditLossesOfFinancialAssets" />
    <link:label xlink:type="resource" xlink:label="label_AllowanceAccountForCreditLossesOfFinancialAssets_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AllowanceAccountForCreditLossesOfFinancialAssets_1" xml:lang="en-US" id="label_AllowanceAccountForCreditLossesOfFinancialAssets_1">Allowance account for credit losses of financial assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllowanceAccountForCreditLossesOfFinancialAssets" xlink:to="label_AllowanceAccountForCreditLossesOfFinancialAssets_1" xlink:title="Label : AllowanceAccountForCreditLossesOfFinancialAssets to label_AllowanceAccountForCreditLossesOfFinancialAssets_1" />
    <link:label xlink:type="resource" xlink:label="label_AllowanceAccountForCreditLossesOfFinancialAssets_2" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:title="label_AllowanceAccountForCreditLossesOfFinancialAssets_2" xml:lang="en-US" id="label_AllowanceAccountForCreditLossesOfFinancialAssets_2">Beginning balance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllowanceAccountForCreditLossesOfFinancialAssets" xlink:to="label_AllowanceAccountForCreditLossesOfFinancialAssets_2" xlink:title="Label : AllowanceAccountForCreditLossesOfFinancialAssets to label_AllowanceAccountForCreditLossesOfFinancialAssets_2" />
    <link:label xlink:type="resource" xlink:label="label_AllowanceAccountForCreditLossesOfFinancialAssets_3" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:title="label_AllowanceAccountForCreditLossesOfFinancialAssets_3" xml:lang="en-US" id="label_AllowanceAccountForCreditLossesOfFinancialAssets_3">Ending balance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllowanceAccountForCreditLossesOfFinancialAssets" xlink:to="label_AllowanceAccountForCreditLossesOfFinancialAssets_3" xlink:title="Label : AllowanceAccountForCreditLossesOfFinancialAssets to label_AllowanceAccountForCreditLossesOfFinancialAssets_3" />
    <link:label xlink:type="resource" xlink:label="label_AllowanceAccountForCreditLossesOfFinancialAssets_4" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_AllowanceAccountForCreditLossesOfFinancialAssets_4" xml:lang="en-US" id="label_AllowanceAccountForCreditLossesOfFinancialAssets_4">Loss allowance for expected credit losses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllowanceAccountForCreditLossesOfFinancialAssets" xlink:to="label_AllowanceAccountForCreditLossesOfFinancialAssets_4" xlink:title="Label : AllowanceAccountForCreditLossesOfFinancialAssets to label_AllowanceAccountForCreditLossesOfFinancialAssets_4" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_TradeReceivables" xlink:label="TradeReceivables" xlink:title="TradeReceivables" />
    <link:label xlink:type="resource" xlink:label="label_TradeReceivables" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TradeReceivables" xml:lang="en-US" id="label_TradeReceivables">Trade receivables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeReceivables" xlink:to="label_TradeReceivables" xlink:title="Label : TradeReceivables to label_TradeReceivables" />
    <link:label xlink:type="resource" xlink:label="label_TradeReceivables_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TradeReceivables_1" xml:lang="en-US" id="label_TradeReceivables_1">Trade receivables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeReceivables" xlink:to="label_TradeReceivables_1" xlink:title="Label : TradeReceivables to label_TradeReceivables_1" />
    <link:label xlink:type="resource" xlink:label="label_TradeReceivables_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_TradeReceivables_2" xml:lang="en-US" id="label_TradeReceivables_2">Trade receivables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeReceivables" xlink:to="label_TradeReceivables_2" xlink:title="Label : TradeReceivables to label_TradeReceivables_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_PastDueStatusAxis" xlink:label="PastDueStatusAxis" xlink:title="PastDueStatusAxis" />
    <link:label xlink:type="resource" xlink:label="label_PastDueStatusAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PastDueStatusAxis" xml:lang="en-US" id="label_PastDueStatusAxis">Past due status [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PastDueStatusAxis" xlink:to="label_PastDueStatusAxis" xlink:title="Label : PastDueStatusAxis to label_PastDueStatusAxis" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_PastDueStatusMember" xlink:label="PastDueStatusMember" xlink:title="PastDueStatusMember" />
    <link:label xlink:type="resource" xlink:label="label_PastDueStatusMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PastDueStatusMember" xml:lang="en-US" id="label_PastDueStatusMember">Past due status [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PastDueStatusMember" xlink:to="label_PastDueStatusMember" xlink:title="Label : PastDueStatusMember to label_PastDueStatusMember" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentMember" xlink:label="CurrentMember" xlink:title="CurrentMember" />
    <link:label xlink:type="resource" xlink:label="label_CurrentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurrentMember" xml:lang="en-US" id="label_CurrentMember">Current [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentMember" xlink:to="label_CurrentMember" xlink:title="Label : CurrentMember to label_CurrentMember" />
    <link:label xlink:type="resource" xlink:label="label_CurrentMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CurrentMember_1" xml:lang="en-US" id="label_CurrentMember_1">Current [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentMember" xlink:to="label_CurrentMember_1" xlink:title="Label : CurrentMember to label_CurrentMember_1" />
    <link:label xlink:type="resource" xlink:label="label_CurrentMember_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_CurrentMember_2" xml:lang="en-US" id="label_CurrentMember_2">Current [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentMember" xlink:to="label_CurrentMember_2" xlink:title="Label : CurrentMember to label_CurrentMember_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NotLaterThanOneMonthMember" xlink:label="NotLaterThanOneMonthMember" xlink:title="NotLaterThanOneMonthMember" />
    <link:label xlink:type="resource" xlink:label="label_NotLaterThanOneMonthMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NotLaterThanOneMonthMember" xml:lang="en-US" id="label_NotLaterThanOneMonthMember">Not later than one month [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotLaterThanOneMonthMember" xlink:to="label_NotLaterThanOneMonthMember" xlink:title="Label : NotLaterThanOneMonthMember to label_NotLaterThanOneMonthMember" />
    <link:label xlink:type="resource" xlink:label="label_NotLaterThanOneMonthMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NotLaterThanOneMonthMember_1" xml:lang="en-US" id="label_NotLaterThanOneMonthMember_1">Less than 30 days [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotLaterThanOneMonthMember" xlink:to="label_NotLaterThanOneMonthMember_1" xlink:title="Label : NotLaterThanOneMonthMember to label_NotLaterThanOneMonthMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LaterThanOneMonthAndNotLaterThanTwoMonthsMember" xlink:label="LaterThanOneMonthAndNotLaterThanTwoMonthsMember" xlink:title="LaterThanOneMonthAndNotLaterThanTwoMonthsMember" />
    <link:label xlink:type="resource" xlink:label="label_LaterThanOneMonthAndNotLaterThanTwoMonthsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LaterThanOneMonthAndNotLaterThanTwoMonthsMember" xml:lang="en-US" id="label_LaterThanOneMonthAndNotLaterThanTwoMonthsMember">Later than one month and not later than two months [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanOneMonthAndNotLaterThanTwoMonthsMember" xlink:to="label_LaterThanOneMonthAndNotLaterThanTwoMonthsMember" xlink:title="Label : LaterThanOneMonthAndNotLaterThanTwoMonthsMember to label_LaterThanOneMonthAndNotLaterThanTwoMonthsMember" />
    <link:label xlink:type="resource" xlink:label="label_LaterThanOneMonthAndNotLaterThanTwoMonthsMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LaterThanOneMonthAndNotLaterThanTwoMonthsMember_1" xml:lang="en-US" id="label_LaterThanOneMonthAndNotLaterThanTwoMonthsMember_1">31 to 60 days [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanOneMonthAndNotLaterThanTwoMonthsMember" xlink:to="label_LaterThanOneMonthAndNotLaterThanTwoMonthsMember_1" xlink:title="Label : LaterThanOneMonthAndNotLaterThanTwoMonthsMember to label_LaterThanOneMonthAndNotLaterThanTwoMonthsMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember" xlink:label="LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember" xlink:title="LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember" />
    <link:label xlink:type="resource" xlink:label="label_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember" xml:lang="en-US" id="label_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember">Later than two months and not later than three months [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember" xlink:to="label_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember" xlink:title="Label : LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember to label_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember" />
    <link:label xlink:type="resource" xlink:label="label_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember_1" xml:lang="en-US" id="label_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember_1">61-90&#xA0;days [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember" xlink:to="label_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember_1" xlink:title="Label : LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember to label_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember" xlink:label="LaterThanThreeMonthsAndNotLaterThanSixMonthsMember" xlink:title="LaterThanThreeMonthsAndNotLaterThanSixMonthsMember" />
    <link:label xlink:type="resource" xlink:label="label_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember" xml:lang="en-US" id="label_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember">Later than three months and not later than six months [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanThreeMonthsAndNotLaterThanSixMonthsMember" xlink:to="label_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember" xlink:title="Label : LaterThanThreeMonthsAndNotLaterThanSixMonthsMember to label_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember" />
    <link:label xlink:type="resource" xlink:label="label_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember_1" xml:lang="en-US" id="label_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember_1">91-180&#xA0;days [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanThreeMonthsAndNotLaterThanSixMonthsMember" xlink:to="label_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember_1" xlink:title="Label : LaterThanThreeMonthsAndNotLaterThanSixMonthsMember to label_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LaterThanSixMonthsMember" xlink:label="LaterThanSixMonthsMember" xlink:title="LaterThanSixMonthsMember" />
    <link:label xlink:type="resource" xlink:label="label_LaterThanSixMonthsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LaterThanSixMonthsMember" xml:lang="en-US" id="label_LaterThanSixMonthsMember">Later than six months [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanSixMonthsMember" xlink:to="label_LaterThanSixMonthsMember" xlink:title="Label : LaterThanSixMonthsMember to label_LaterThanSixMonthsMember" />
    <link:label xlink:type="resource" xlink:label="label_LaterThanSixMonthsMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LaterThanSixMonthsMember_1" xml:lang="en-US" id="label_LaterThanSixMonthsMember_1">More than 180 days [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanSixMonthsMember" xlink:to="label_LaterThanSixMonthsMember_1" xlink:title="Label : LaterThanSixMonthsMember to label_LaterThanSixMonthsMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AdditionalAllowanceRecognisedInProfitOrLossAllowanceAccountForCreditLossesOfFinancialAssets" xlink:label="AdditionalAllowanceRecognisedInProfitOrLossAllowanceAccountForCreditLossesOfFinancialAssets" xlink:title="AdditionalAllowanceRecognisedInProfitOrLossAllowanceAccountForCreditLossesOfFinancialAssets" />
    <link:label xlink:type="resource" xlink:label="label_AdditionalAllowanceRecognisedInProfitOrLossAllowanceAccountForCreditLossesOfFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdditionalAllowanceRecognisedInProfitOrLossAllowanceAccountForCreditLossesOfFinancialAssets" xml:lang="en-US" id="label_AdditionalAllowanceRecognisedInProfitOrLossAllowanceAccountForCreditLossesOfFinancialAssets">Additional allowance recognised in profit or loss, allowance account for credit losses of financial assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionalAllowanceRecognisedInProfitOrLossAllowanceAccountForCreditLossesOfFinancialAssets" xlink:to="label_AdditionalAllowanceRecognisedInProfitOrLossAllowanceAccountForCreditLossesOfFinancialAssets" xlink:title="Label : AdditionalAllowanceRecognisedInProfitOrLossAllowanceAccountForCreditLossesOfFinancialAssets to label_AdditionalAllowanceRecognisedInProfitOrLossAllowanceAccountForCreditLossesOfFinancialAssets" />
    <link:label xlink:type="resource" xlink:label="label_AdditionalAllowanceRecognisedInProfitOrLossAllowanceAccountForCreditLossesOfFinancialAssets_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AdditionalAllowanceRecognisedInProfitOrLossAllowanceAccountForCreditLossesOfFinancialAssets_1" xml:lang="en-US" id="label_AdditionalAllowanceRecognisedInProfitOrLossAllowanceAccountForCreditLossesOfFinancialAssets_1">Additions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionalAllowanceRecognisedInProfitOrLossAllowanceAccountForCreditLossesOfFinancialAssets" xlink:to="label_AdditionalAllowanceRecognisedInProfitOrLossAllowanceAccountForCreditLossesOfFinancialAssets_1" xlink:title="Label : AdditionalAllowanceRecognisedInProfitOrLossAllowanceAccountForCreditLossesOfFinancialAssets to label_AdditionalAllowanceRecognisedInProfitOrLossAllowanceAccountForCreditLossesOfFinancialAssets_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ReversalAllowanceAccountForCreditLossesOfFinancialAssets" xlink:label="ReversalAllowanceAccountForCreditLossesOfFinancialAssets" xlink:title="ReversalAllowanceAccountForCreditLossesOfFinancialAssets" />
    <link:label xlink:type="resource" xlink:label="label_ReversalAllowanceAccountForCreditLossesOfFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ReversalAllowanceAccountForCreditLossesOfFinancialAssets" xml:lang="en-US" id="label_ReversalAllowanceAccountForCreditLossesOfFinancialAssets">Reversal, allowance account for credit losses of financial assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReversalAllowanceAccountForCreditLossesOfFinancialAssets" xlink:to="label_ReversalAllowanceAccountForCreditLossesOfFinancialAssets" xlink:title="Label : ReversalAllowanceAccountForCreditLossesOfFinancialAssets to label_ReversalAllowanceAccountForCreditLossesOfFinancialAssets" />
    <link:label xlink:type="resource" xlink:label="label_ReversalAllowanceAccountForCreditLossesOfFinancialAssets_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_ReversalAllowanceAccountForCreditLossesOfFinancialAssets_1" xml:lang="en-US" id="label_ReversalAllowanceAccountForCreditLossesOfFinancialAssets_1">Reversals</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReversalAllowanceAccountForCreditLossesOfFinancialAssets" xlink:to="label_ReversalAllowanceAccountForCreditLossesOfFinancialAssets_1" xlink:title="Label : ReversalAllowanceAccountForCreditLossesOfFinancialAssets to label_ReversalAllowanceAccountForCreditLossesOfFinancialAssets_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ImpairmentLossOnFinancialAssets" xlink:label="ImpairmentLossOnFinancialAssets" xlink:title="ImpairmentLossOnFinancialAssets" />
    <link:label xlink:type="resource" xlink:label="label_ImpairmentLossOnFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ImpairmentLossOnFinancialAssets" xml:lang="en-US" id="label_ImpairmentLossOnFinancialAssets">Impairment loss on financial assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ImpairmentLossOnFinancialAssets" xlink:to="label_ImpairmentLossOnFinancialAssets" xlink:title="Label : ImpairmentLossOnFinancialAssets to label_ImpairmentLossOnFinancialAssets" />
    <link:label xlink:type="resource" xlink:label="label_ImpairmentLossOnFinancialAssets_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ImpairmentLossOnFinancialAssets_1" xml:lang="en-US" id="label_ImpairmentLossOnFinancialAssets_1">Write-offs</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ImpairmentLossOnFinancialAssets" xlink:to="label_ImpairmentLossOnFinancialAssets_1" xlink:title="Label : ImpairmentLossOnFinancialAssets to label_ImpairmentLossOnFinancialAssets_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ResellerFinancingGross" xlink:label="ResellerFinancingGross" xlink:title="ResellerFinancingGross" />
    <link:label xlink:type="resource" xlink:label="label_ResellerFinancingGross" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ResellerFinancingGross" xml:lang="en-US" id="label_ResellerFinancingGross">Reseller Financing Gross</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ResellerFinancingGross" xlink:to="label_ResellerFinancingGross" xlink:title="Label : ResellerFinancingGross to label_ResellerFinancingGross" />
    <link:label xlink:type="resource" xlink:label="label_ResellerFinancingGross_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ResellerFinancingGross_1" xml:lang="en-US" id="label_ResellerFinancingGross_1">Reseller financing, gross of loss allowance for expected credit losses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ResellerFinancingGross" xlink:to="label_ResellerFinancingGross_1" xlink:title="Label : ResellerFinancingGross to label_ResellerFinancingGross_1" />
    <link:label xlink:type="resource" xlink:label="label_ResellerFinancingGross_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ResellerFinancingGross_2" xml:lang="en-US" id="label_ResellerFinancingGross_2">The amount of reseller financing, gross of allowance for doubtful accounts.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ResellerFinancingGross" xlink:to="label_ResellerFinancingGross_2" xlink:title="Label : ResellerFinancingGross to label_ResellerFinancingGross_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ResellerFinancing" xlink:label="ResellerFinancing" xlink:title="ResellerFinancing" />
    <link:label xlink:type="resource" xlink:label="label_ResellerFinancing" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_ResellerFinancing" xml:lang="en-US" id="label_ResellerFinancing">Reseller financing</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ResellerFinancing" xlink:to="label_ResellerFinancing" xlink:title="Label : ResellerFinancing to label_ResellerFinancing" />
    <link:label xlink:type="resource" xlink:label="label_ResellerFinancing_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ResellerFinancing_1" xml:lang="en-US" id="label_ResellerFinancing_1">Reseller financing</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ResellerFinancing" xlink:to="label_ResellerFinancing_1" xlink:title="Label : ResellerFinancing to label_ResellerFinancing_1" />
    <link:label xlink:type="resource" xlink:label="label_ResellerFinancing_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ResellerFinancing_2" xml:lang="en-US" id="label_ResellerFinancing_2">Reseller financing</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ResellerFinancing" xlink:to="label_ResellerFinancing_2" xlink:title="Label : ResellerFinancing to label_ResellerFinancing_2" />
    <link:label xlink:type="resource" xlink:label="label_ResellerFinancing_3" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_ResellerFinancing_3" xml:lang="en-US" id="label_ResellerFinancing_3">Reseller financing</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ResellerFinancing" xlink:to="label_ResellerFinancing_3" xlink:title="Label : ResellerFinancing to label_ResellerFinancing_3" />
    <link:label xlink:type="resource" xlink:label="label_ResellerFinancing_4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ResellerFinancing_4" xml:lang="en-US" id="label_ResellerFinancing_4">The amount of reseller financing current and noncurrent.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ResellerFinancing" xlink:to="label_ResellerFinancing_4" xlink:title="Label : ResellerFinancing to label_ResellerFinancing_4" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ClassesOfInventoriesTable" xlink:label="ClassesOfInventoriesTable" xlink:title="ClassesOfInventoriesTable" />
    <link:label xlink:type="resource" xlink:label="label_ClassesOfInventoriesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ClassesOfInventoriesTable" xml:lang="en-US" id="label_ClassesOfInventoriesTable">Classes of inventories [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClassesOfInventoriesTable" xlink:to="label_ClassesOfInventoriesTable" xlink:title="Label : ClassesOfInventoriesTable to label_ClassesOfInventoriesTable" />
    <link:label xlink:type="resource" xlink:label="label_ClassesOfInventoriesTable_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ClassesOfInventoriesTable_1" xml:lang="en-US" id="label_ClassesOfInventoriesTable_1">Classes of inventories [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClassesOfInventoriesTable" xlink:to="label_ClassesOfInventoriesTable_1" xlink:title="Label : ClassesOfInventoriesTable to label_ClassesOfInventoriesTable_1" />
    <link:label xlink:type="resource" xlink:label="label_ClassesOfInventoriesTable_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ClassesOfInventoriesTable_2" xml:lang="en-US" id="label_ClassesOfInventoriesTable_2">Classes of inventories.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClassesOfInventoriesTable" xlink:to="label_ClassesOfInventoriesTable_2" xlink:title="Label : ClassesOfInventoriesTable to label_ClassesOfInventoriesTable_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_InventoriesAxis" xlink:label="InventoriesAxis" xlink:title="InventoriesAxis" />
    <link:label xlink:type="resource" xlink:label="label_InventoriesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_InventoriesAxis" xml:lang="en-US" id="label_InventoriesAxis">Inventories [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InventoriesAxis" xlink:to="label_InventoriesAxis" xlink:title="Label : InventoriesAxis to label_InventoriesAxis" />
    <link:label xlink:type="resource" xlink:label="label_InventoriesAxis_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_InventoriesAxis_1" xml:lang="en-US" id="label_InventoriesAxis_1">Inventories [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InventoriesAxis" xlink:to="label_InventoriesAxis_1" xlink:title="Label : InventoriesAxis to label_InventoriesAxis_1" />
    <link:label xlink:type="resource" xlink:label="label_InventoriesAxis_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_InventoriesAxis_2" xml:lang="en-US" id="label_InventoriesAxis_2">Inventories [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InventoriesAxis" xlink:to="label_InventoriesAxis_2" xlink:title="Label : InventoriesAxis to label_InventoriesAxis_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_InventoriesDomain" xlink:label="InventoriesDomain" xlink:title="InventoriesDomain" />
    <link:label xlink:type="resource" xlink:label="label_InventoriesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_InventoriesDomain" xml:lang="en-US" id="label_InventoriesDomain">Inventories [domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InventoriesDomain" xlink:to="label_InventoriesDomain" xlink:title="Label : InventoriesDomain to label_InventoriesDomain" />
    <link:label xlink:type="resource" xlink:label="label_InventoriesDomain_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_InventoriesDomain_1" xml:lang="en-US" id="label_InventoriesDomain_1">Inventories [domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InventoriesDomain" xlink:to="label_InventoriesDomain_1" xlink:title="Label : InventoriesDomain to label_InventoriesDomain_1" />
    <link:label xlink:type="resource" xlink:label="label_InventoriesDomain_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_InventoriesDomain_2" xml:lang="en-US" id="label_InventoriesDomain_2">Inventories [domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InventoriesDomain" xlink:to="label_InventoriesDomain_2" xlink:title="Label : InventoriesDomain to label_InventoriesDomain_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_FuelsLubricantsAndGreasesMember" xlink:label="FuelsLubricantsAndGreasesMember" xlink:title="FuelsLubricantsAndGreasesMember" />
    <link:label xlink:type="resource" xlink:label="label_FuelsLubricantsAndGreasesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_FuelsLubricantsAndGreasesMember" xml:lang="en-US" id="label_FuelsLubricantsAndGreasesMember">This member stands for the information pertaining to fuels, lubricants and greases inventory.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FuelsLubricantsAndGreasesMember" xlink:to="label_FuelsLubricantsAndGreasesMember" xlink:title="Label : FuelsLubricantsAndGreasesMember to label_FuelsLubricantsAndGreasesMember" />
    <link:label xlink:type="resource" xlink:label="label_FuelsLubricantsAndGreasesMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_FuelsLubricantsAndGreasesMember_1" xml:lang="en-US" id="label_FuelsLubricantsAndGreasesMember_1">Fuels Lubricants and Greases [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FuelsLubricantsAndGreasesMember" xlink:to="label_FuelsLubricantsAndGreasesMember_1" xlink:title="Label : FuelsLubricantsAndGreasesMember to label_FuelsLubricantsAndGreasesMember_1" />
    <link:label xlink:type="resource" xlink:label="label_FuelsLubricantsAndGreasesMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FuelsLubricantsAndGreasesMember_2" xml:lang="en-US" id="label_FuelsLubricantsAndGreasesMember_2">Fuels Lubricants and Greases [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FuelsLubricantsAndGreasesMember" xlink:to="label_FuelsLubricantsAndGreasesMember_2" xlink:title="Label : FuelsLubricantsAndGreasesMember to label_FuelsLubricantsAndGreasesMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_FinishedGoodsMember" xlink:label="FinishedGoodsMember" xlink:title="FinishedGoodsMember" />
    <link:label xlink:type="resource" xlink:label="label_FinishedGoodsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_FinishedGoodsMember" xml:lang="en-US" id="label_FinishedGoodsMember">This member stands for the information pertaining to finished goods inventory.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinishedGoodsMember" xlink:to="label_FinishedGoodsMember" xlink:title="Label : FinishedGoodsMember to label_FinishedGoodsMember" />
    <link:label xlink:type="resource" xlink:label="label_FinishedGoodsMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_FinishedGoodsMember_1" xml:lang="en-US" id="label_FinishedGoodsMember_1">Finished goods [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinishedGoodsMember" xlink:to="label_FinishedGoodsMember_1" xlink:title="Label : FinishedGoodsMember to label_FinishedGoodsMember_1" />
    <link:label xlink:type="resource" xlink:label="label_FinishedGoodsMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FinishedGoodsMember_2" xml:lang="en-US" id="label_FinishedGoodsMember_2">Finished goods [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinishedGoodsMember" xlink:to="label_FinishedGoodsMember_2" xlink:title="Label : FinishedGoodsMember to label_FinishedGoodsMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_WorkInProcessMember" xlink:label="WorkInProcessMember" xlink:title="WorkInProcessMember" />
    <link:label xlink:type="resource" xlink:label="label_WorkInProcessMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_WorkInProcessMember" xml:lang="en-US" id="label_WorkInProcessMember">This member stands for the information pertaining to work in process inventory.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WorkInProcessMember" xlink:to="label_WorkInProcessMember" xlink:title="Label : WorkInProcessMember to label_WorkInProcessMember" />
    <link:label xlink:type="resource" xlink:label="label_WorkInProcessMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_WorkInProcessMember_1" xml:lang="en-US" id="label_WorkInProcessMember_1">Work in process [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WorkInProcessMember" xlink:to="label_WorkInProcessMember_1" xlink:title="Label : WorkInProcessMember to label_WorkInProcessMember_1" />
    <link:label xlink:type="resource" xlink:label="label_WorkInProcessMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_WorkInProcessMember_2" xml:lang="en-US" id="label_WorkInProcessMember_2">Work in process [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WorkInProcessMember" xlink:to="label_WorkInProcessMember_2" xlink:title="Label : WorkInProcessMember to label_WorkInProcessMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_RawMaterialsMember" xlink:label="RawMaterialsMember" xlink:title="RawMaterialsMember" />
    <link:label xlink:type="resource" xlink:label="label_RawMaterialsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_RawMaterialsMember" xml:lang="en-US" id="label_RawMaterialsMember">This member stands for the information pertaining to raw materials inventory.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RawMaterialsMember" xlink:to="label_RawMaterialsMember" xlink:title="Label : RawMaterialsMember to label_RawMaterialsMember" />
    <link:label xlink:type="resource" xlink:label="label_RawMaterialsMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_RawMaterialsMember_1" xml:lang="en-US" id="label_RawMaterialsMember_1">Raw Materials [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RawMaterialsMember" xlink:to="label_RawMaterialsMember_1" xlink:title="Label : RawMaterialsMember to label_RawMaterialsMember_1" />
    <link:label xlink:type="resource" xlink:label="label_RawMaterialsMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RawMaterialsMember_2" xml:lang="en-US" id="label_RawMaterialsMember_2">Raw Materials [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RawMaterialsMember" xlink:to="label_RawMaterialsMember_2" xlink:title="Label : RawMaterialsMember to label_RawMaterialsMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_LiquifiedPetroleumGasMember" xlink:label="LiquifiedPetroleumGasMember" xlink:title="LiquifiedPetroleumGasMember" />
    <link:label xlink:type="resource" xlink:label="label_LiquifiedPetroleumGasMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_LiquifiedPetroleumGasMember" xml:lang="en-US" id="label_LiquifiedPetroleumGasMember">This member stands for the information pertaining to liquefied petroleum gas (LPG) inventory.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiquifiedPetroleumGasMember" xlink:to="label_LiquifiedPetroleumGasMember" xlink:title="Label : LiquifiedPetroleumGasMember to label_LiquifiedPetroleumGasMember" />
    <link:label xlink:type="resource" xlink:label="label_LiquifiedPetroleumGasMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LiquifiedPetroleumGasMember_1" xml:lang="en-US" id="label_LiquifiedPetroleumGasMember_1">Liquified petroleum gas [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiquifiedPetroleumGasMember" xlink:to="label_LiquifiedPetroleumGasMember_1" xlink:title="Label : LiquifiedPetroleumGasMember to label_LiquifiedPetroleumGasMember_1" />
    <link:label xlink:type="resource" xlink:label="label_LiquifiedPetroleumGasMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LiquifiedPetroleumGasMember_2" xml:lang="en-US" id="label_LiquifiedPetroleumGasMember_2">Liquified petroleum gas [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiquifiedPetroleumGasMember" xlink:to="label_LiquifiedPetroleumGasMember_2" xlink:title="Label : LiquifiedPetroleumGasMember to label_LiquifiedPetroleumGasMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ConsumableMaterialsAndOtherItemsForResaleMember" xlink:label="ConsumableMaterialsAndOtherItemsForResaleMember" xlink:title="ConsumableMaterialsAndOtherItemsForResaleMember" />
    <link:label xlink:type="resource" xlink:label="label_ConsumableMaterialsAndOtherItemsForResaleMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ConsumableMaterialsAndOtherItemsForResaleMember" xml:lang="en-US" id="label_ConsumableMaterialsAndOtherItemsForResaleMember">Consumable Materials and Other Items for Resale [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConsumableMaterialsAndOtherItemsForResaleMember" xlink:to="label_ConsumableMaterialsAndOtherItemsForResaleMember" xlink:title="Label : ConsumableMaterialsAndOtherItemsForResaleMember to label_ConsumableMaterialsAndOtherItemsForResaleMember" />
    <link:label xlink:type="resource" xlink:label="label_ConsumableMaterialsAndOtherItemsForResaleMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ConsumableMaterialsAndOtherItemsForResaleMember_1" xml:lang="en-US" id="label_ConsumableMaterialsAndOtherItemsForResaleMember_1">Consumable Materials and Other Items for Resale [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConsumableMaterialsAndOtherItemsForResaleMember" xlink:to="label_ConsumableMaterialsAndOtherItemsForResaleMember_1" xlink:title="Label : ConsumableMaterialsAndOtherItemsForResaleMember to label_ConsumableMaterialsAndOtherItemsForResaleMember_1" />
    <link:label xlink:type="resource" xlink:label="label_ConsumableMaterialsAndOtherItemsForResaleMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ConsumableMaterialsAndOtherItemsForResaleMember_2" xml:lang="en-US" id="label_ConsumableMaterialsAndOtherItemsForResaleMember_2">This member stands for the information pertaining to consumable materials and other items for reslae inventory.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConsumableMaterialsAndOtherItemsForResaleMember" xlink:to="label_ConsumableMaterialsAndOtherItemsForResaleMember_2" xlink:title="Label : ConsumableMaterialsAndOtherItemsForResaleMember to label_ConsumableMaterialsAndOtherItemsForResaleMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_PharmaceuticalHygieneBeautyProductsMember" xlink:label="PharmaceuticalHygieneBeautyProductsMember" xlink:title="PharmaceuticalHygieneBeautyProductsMember" />
    <link:label xlink:type="resource" xlink:label="label_PharmaceuticalHygieneBeautyProductsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_PharmaceuticalHygieneBeautyProductsMember" xml:lang="en-US" id="label_PharmaceuticalHygieneBeautyProductsMember">This member stands for the information pertaining to purchase for future delivery inventory.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PharmaceuticalHygieneBeautyProductsMember" xlink:to="label_PharmaceuticalHygieneBeautyProductsMember" xlink:title="Label : PharmaceuticalHygieneBeautyProductsMember to label_PharmaceuticalHygieneBeautyProductsMember" />
    <link:label xlink:type="resource" xlink:label="label_PharmaceuticalHygieneBeautyProductsMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_PharmaceuticalHygieneBeautyProductsMember_1" xml:lang="en-US" id="label_PharmaceuticalHygieneBeautyProductsMember_1">Pharmaceutical hygiene beauty products [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PharmaceuticalHygieneBeautyProductsMember" xlink:to="label_PharmaceuticalHygieneBeautyProductsMember_1" xlink:title="Label : PharmaceuticalHygieneBeautyProductsMember to label_PharmaceuticalHygieneBeautyProductsMember_1" />
    <link:label xlink:type="resource" xlink:label="label_PharmaceuticalHygieneBeautyProductsMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PharmaceuticalHygieneBeautyProductsMember_2" xml:lang="en-US" id="label_PharmaceuticalHygieneBeautyProductsMember_2">Pharmaceutical hygiene beauty products member</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PharmaceuticalHygieneBeautyProductsMember" xlink:to="label_PharmaceuticalHygieneBeautyProductsMember_2" xlink:title="Label : PharmaceuticalHygieneBeautyProductsMember to label_PharmaceuticalHygieneBeautyProductsMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_PurchaseForFutureDeliveryMember" xlink:label="PurchaseForFutureDeliveryMember" xlink:title="PurchaseForFutureDeliveryMember" />
    <link:label xlink:type="resource" xlink:label="label_PurchaseForFutureDeliveryMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_PurchaseForFutureDeliveryMember" xml:lang="en-US" id="label_PurchaseForFutureDeliveryMember">This member stands for the information pertaining to purchase for future delivery inventory.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PurchaseForFutureDeliveryMember" xlink:to="label_PurchaseForFutureDeliveryMember" xlink:title="Label : PurchaseForFutureDeliveryMember to label_PurchaseForFutureDeliveryMember" />
    <link:label xlink:type="resource" xlink:label="label_PurchaseForFutureDeliveryMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_PurchaseForFutureDeliveryMember_1" xml:lang="en-US" id="label_PurchaseForFutureDeliveryMember_1">Purchase for Future Delivery [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PurchaseForFutureDeliveryMember" xlink:to="label_PurchaseForFutureDeliveryMember_1" xlink:title="Label : PurchaseForFutureDeliveryMember to label_PurchaseForFutureDeliveryMember_1" />
    <link:label xlink:type="resource" xlink:label="label_PurchaseForFutureDeliveryMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PurchaseForFutureDeliveryMember_2" xml:lang="en-US" id="label_PurchaseForFutureDeliveryMember_2">Purchase for Future Delivery [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PurchaseForFutureDeliveryMember" xlink:to="label_PurchaseForFutureDeliveryMember_2" xlink:title="Label : PurchaseForFutureDeliveryMember to label_PurchaseForFutureDeliveryMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_PropertiesForResaleMember" xlink:label="PropertiesForResaleMember" xlink:title="PropertiesForResaleMember" />
    <link:label xlink:type="resource" xlink:label="label_PropertiesForResaleMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_PropertiesForResaleMember" xml:lang="en-US" id="label_PropertiesForResaleMember">This member stands for the information pertaining to properties for resale inventory.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PropertiesForResaleMember" xlink:to="label_PropertiesForResaleMember" xlink:title="Label : PropertiesForResaleMember to label_PropertiesForResaleMember" />
    <link:label xlink:type="resource" xlink:label="label_PropertiesForResaleMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_PropertiesForResaleMember_1" xml:lang="en-US" id="label_PropertiesForResaleMember_1">Properties for resale [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PropertiesForResaleMember" xlink:to="label_PropertiesForResaleMember_1" xlink:title="Label : PropertiesForResaleMember to label_PropertiesForResaleMember_1" />
    <link:label xlink:type="resource" xlink:label="label_PropertiesForResaleMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PropertiesForResaleMember_2" xml:lang="en-US" id="label_PropertiesForResaleMember_2">Properties for resale [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PropertiesForResaleMember" xlink:to="label_PropertiesForResaleMember_2" xlink:title="Label : PropertiesForResaleMember to label_PropertiesForResaleMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_SummaryOfInventoriesLineItems" xlink:label="SummaryOfInventoriesLineItems" xlink:title="SummaryOfInventoriesLineItems" />
    <link:label xlink:type="resource" xlink:label="label_SummaryOfInventoriesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SummaryOfInventoriesLineItems" xml:lang="en-US" id="label_SummaryOfInventoriesLineItems">Summary of inventories [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SummaryOfInventoriesLineItems" xlink:to="label_SummaryOfInventoriesLineItems" xlink:title="Label : SummaryOfInventoriesLineItems to label_SummaryOfInventoriesLineItems" />
    <link:label xlink:type="resource" xlink:label="label_SummaryOfInventoriesLineItems_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_SummaryOfInventoriesLineItems_1" xml:lang="en-US" id="label_SummaryOfInventoriesLineItems_1">Summary of inventories [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SummaryOfInventoriesLineItems" xlink:to="label_SummaryOfInventoriesLineItems_1" xlink:title="Label : SummaryOfInventoriesLineItems to label_SummaryOfInventoriesLineItems_1" />
    <link:label xlink:type="resource" xlink:label="label_SummaryOfInventoriesLineItems_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_SummaryOfInventoriesLineItems_2" xml:lang="en-US" id="label_SummaryOfInventoriesLineItems_2">Summary of inventories.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SummaryOfInventoriesLineItems" xlink:to="label_SummaryOfInventoriesLineItems_2" xlink:title="Label : SummaryOfInventoriesLineItems to label_SummaryOfInventoriesLineItems_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_InventoriesCost" xlink:label="InventoriesCost" xlink:title="InventoriesCost" />
    <link:label xlink:type="resource" xlink:label="label_InventoriesCost" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_InventoriesCost" xml:lang="en-US" id="label_InventoriesCost">Inventories cost</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InventoriesCost" xlink:to="label_InventoriesCost" xlink:title="Label : InventoriesCost to label_InventoriesCost" />
    <link:label xlink:type="resource" xlink:label="label_InventoriesCost_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_InventoriesCost_1" xml:lang="en-US" id="label_InventoriesCost_1">Cost</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InventoriesCost" xlink:to="label_InventoriesCost_1" xlink:title="Label : InventoriesCost to label_InventoriesCost_1" />
    <link:label xlink:type="resource" xlink:label="label_InventoriesCost_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_InventoriesCost_2" xml:lang="en-US" id="label_InventoriesCost_2">The cost of inventories shall comprise all costs of purchase, costs of conversion and other costs incurred in bringing the inventories to their present location and condition.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InventoriesCost" xlink:to="label_InventoriesCost_2" xlink:title="Label : InventoriesCost to label_InventoriesCost_2" />
    <link:label xlink:type="resource" xlink:label="label_ProvisionForLossesInventories_1" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:title="label_ProvisionForLossesInventories_1" xml:lang="en-US" id="label_ProvisionForLossesInventories_1">Provisions for losses, ending</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionForLossesInventories" xlink:to="label_ProvisionForLossesInventories_1" xlink:title="Label : ProvisionForLossesInventories to label_ProvisionForLossesInventories_1" />
    <link:label xlink:type="resource" xlink:label="label_ProvisionForLossesInventories_2" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:title="label_ProvisionForLossesInventories_2" xml:lang="en-US" id="label_ProvisionForLossesInventories_2">Provisions for losses, beginning</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionForLossesInventories" xlink:to="label_ProvisionForLossesInventories_2" xlink:title="Label : ProvisionForLossesInventories to label_ProvisionForLossesInventories_2" />
    <link:label xlink:type="resource" xlink:label="label_ProvisionForLossesInventories_3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ProvisionForLossesInventories_3" xml:lang="en-US" id="label_ProvisionForLossesInventories_3">Provision for losses inventories</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionForLossesInventories" xlink:to="label_ProvisionForLossesInventories_3" xlink:title="Label : ProvisionForLossesInventories to label_ProvisionForLossesInventories_3" />
    <link:label xlink:type="resource" xlink:label="label_ProvisionForLossesInventories_4" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_ProvisionForLossesInventories_4" xml:lang="en-US" id="label_ProvisionForLossesInventories_4">Provision for losses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionForLossesInventories" xlink:to="label_ProvisionForLossesInventories_4" xlink:title="Label : ProvisionForLossesInventories to label_ProvisionForLossesInventories_4" />
    <link:label xlink:type="resource" xlink:label="label_ProvisionForLossesInventories_5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ProvisionForLossesInventories_5" xml:lang="en-US" id="label_ProvisionForLossesInventories_5">The amount of accumulated provision for losses of inventories.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionForLossesInventories" xlink:to="label_ProvisionForLossesInventories_5" xlink:title="Label : ProvisionForLossesInventories to label_ProvisionForLossesInventories_5" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AdditionsToNetRealizableValueAdjustment" xlink:label="AdditionsToNetRealizableValueAdjustment" xlink:title="AdditionsToNetRealizableValueAdjustment" />
    <link:label xlink:type="resource" xlink:label="label_AdditionsToNetRealizableValueAdjustment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdditionsToNetRealizableValueAdjustment" xml:lang="en-US" id="label_AdditionsToNetRealizableValueAdjustment">Additions to net realizable value adjustment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionsToNetRealizableValueAdjustment" xlink:to="label_AdditionsToNetRealizableValueAdjustment" xlink:title="Label : AdditionsToNetRealizableValueAdjustment to label_AdditionsToNetRealizableValueAdjustment" />
    <link:label xlink:type="resource" xlink:label="label_AdditionsToNetRealizableValueAdjustment_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AdditionsToNetRealizableValueAdjustment_1" xml:lang="en-US" id="label_AdditionsToNetRealizableValueAdjustment_1">Additions to net realizable value adjustment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionsToNetRealizableValueAdjustment" xlink:to="label_AdditionsToNetRealizableValueAdjustment_1" xlink:title="Label : AdditionsToNetRealizableValueAdjustment to label_AdditionsToNetRealizableValueAdjustment_1" />
    <link:label xlink:type="resource" xlink:label="label_AdditionsToNetRealizableValueAdjustment_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AdditionsToNetRealizableValueAdjustment_2" xml:lang="en-US" id="label_AdditionsToNetRealizableValueAdjustment_2">Additions (reversals) to net realizable value adjustment regarding provision for loss on the value of inventories.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionsToNetRealizableValueAdjustment" xlink:to="label_AdditionsToNetRealizableValueAdjustment_2" xlink:title="Label : AdditionsToNetRealizableValueAdjustment to label_AdditionsToNetRealizableValueAdjustment_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AdditionsToObsolescenceAndOtherLosses" xlink:label="AdditionsToObsolescenceAndOtherLosses" xlink:title="AdditionsToObsolescenceAndOtherLosses" />
    <link:label xlink:type="resource" xlink:label="label_AdditionsToObsolescenceAndOtherLosses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdditionsToObsolescenceAndOtherLosses" xml:lang="en-US" id="label_AdditionsToObsolescenceAndOtherLosses">Additions to obsolescence and other losses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionsToObsolescenceAndOtherLosses" xlink:to="label_AdditionsToObsolescenceAndOtherLosses" xlink:title="Label : AdditionsToObsolescenceAndOtherLosses to label_AdditionsToObsolescenceAndOtherLosses" />
    <link:label xlink:type="resource" xlink:label="label_AdditionsToObsolescenceAndOtherLosses_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AdditionsToObsolescenceAndOtherLosses_1" xml:lang="en-US" id="label_AdditionsToObsolescenceAndOtherLosses_1">Additions of obsolescence and other losses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionsToObsolescenceAndOtherLosses" xlink:to="label_AdditionsToObsolescenceAndOtherLosses_1" xlink:title="Label : AdditionsToObsolescenceAndOtherLosses to label_AdditionsToObsolescenceAndOtherLosses_1" />
    <link:label xlink:type="resource" xlink:label="label_AdditionsToObsolescenceAndOtherLosses_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AdditionsToObsolescenceAndOtherLosses_2" xml:lang="en-US" id="label_AdditionsToObsolescenceAndOtherLosses_2">Additions to obsolescence and other losses.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionsToObsolescenceAndOtherLosses" xlink:to="label_AdditionsToObsolescenceAndOtherLosses_2" xlink:title="Label : AdditionsToObsolescenceAndOtherLosses to label_AdditionsToObsolescenceAndOtherLosses_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ReversalsOfObsolescenceAndOtherLosses" xlink:label="ReversalsOfObsolescenceAndOtherLosses" xlink:title="ReversalsOfObsolescenceAndOtherLosses" />
    <link:label xlink:type="resource" xlink:label="label_ReversalsOfObsolescenceAndOtherLosses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ReversalsOfObsolescenceAndOtherLosses" xml:lang="en-US" id="label_ReversalsOfObsolescenceAndOtherLosses">Reversals of obsolescence and other losses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReversalsOfObsolescenceAndOtherLosses" xlink:to="label_ReversalsOfObsolescenceAndOtherLosses" xlink:title="Label : ReversalsOfObsolescenceAndOtherLosses to label_ReversalsOfObsolescenceAndOtherLosses" />
    <link:label xlink:type="resource" xlink:label="label_ReversalsOfObsolescenceAndOtherLosses_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_ReversalsOfObsolescenceAndOtherLosses_1" xml:lang="en-US" id="label_ReversalsOfObsolescenceAndOtherLosses_1">Reversals of obsolescence and other losses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReversalsOfObsolescenceAndOtherLosses" xlink:to="label_ReversalsOfObsolescenceAndOtherLosses_1" xlink:title="Label : ReversalsOfObsolescenceAndOtherLosses to label_ReversalsOfObsolescenceAndOtherLosses_1" />
    <link:label xlink:type="resource" xlink:label="label_ReversalsOfObsolescenceAndOtherLosses_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ReversalsOfObsolescenceAndOtherLosses_2" xml:lang="en-US" id="label_ReversalsOfObsolescenceAndOtherLosses_2">Reversals of obsolescence and other losses regarding provision for loss on the value of inventories.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReversalsOfObsolescenceAndOtherLosses" xlink:to="label_ReversalsOfObsolescenceAndOtherLosses_2" xlink:title="Label : ReversalsOfObsolescenceAndOtherLosses to label_ReversalsOfObsolescenceAndOtherLosses_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_WritedownsReversalsOfInventories" xlink:label="WritedownsReversalsOfInventories" xlink:title="WritedownsReversalsOfInventories" />
    <link:label xlink:type="resource" xlink:label="label_WritedownsReversalsOfInventories" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_WritedownsReversalsOfInventories" xml:lang="en-US" id="label_WritedownsReversalsOfInventories">Write-downs (reversals of write-downs) of inventories</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WritedownsReversalsOfInventories" xlink:to="label_WritedownsReversalsOfInventories" xlink:title="Label : WritedownsReversalsOfInventories to label_WritedownsReversalsOfInventories" />
    <link:label xlink:type="resource" xlink:label="label_WritedownsReversalsOfInventories_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_WritedownsReversalsOfInventories_1" xml:lang="en-US" id="label_WritedownsReversalsOfInventories_1">Oxiteno Andina</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WritedownsReversalsOfInventories" xlink:to="label_WritedownsReversalsOfInventories_1" xlink:title="Label : WritedownsReversalsOfInventories to label_WritedownsReversalsOfInventories_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NetRealizableValueAdjustment" xlink:label="NetRealizableValueAdjustment" xlink:title="NetRealizableValueAdjustment" />
    <link:label xlink:type="resource" xlink:label="label_NetRealizableValueAdjustment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NetRealizableValueAdjustment" xml:lang="en-US" id="label_NetRealizableValueAdjustment">Net realizable value adjustment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetRealizableValueAdjustment" xlink:to="label_NetRealizableValueAdjustment" xlink:title="Label : NetRealizableValueAdjustment to label_NetRealizableValueAdjustment" />
    <link:label xlink:type="resource" xlink:label="label_NetRealizableValueAdjustment_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NetRealizableValueAdjustment_1" xml:lang="en-US" id="label_NetRealizableValueAdjustment_1">Net realizable value adjustment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetRealizableValueAdjustment" xlink:to="label_NetRealizableValueAdjustment_1" xlink:title="Label : NetRealizableValueAdjustment to label_NetRealizableValueAdjustment_1" />
    <link:label xlink:type="resource" xlink:label="label_NetRealizableValueAdjustment_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_NetRealizableValueAdjustment_2" xml:lang="en-US" id="label_NetRealizableValueAdjustment_2">Net realizable value adjustment on the value of inventories.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetRealizableValueAdjustment" xlink:to="label_NetRealizableValueAdjustment_2" xlink:title="Label : NetRealizableValueAdjustment to label_NetRealizableValueAdjustment_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ObsolescenceAndOtherLosses" xlink:label="ObsolescenceAndOtherLosses" xlink:title="ObsolescenceAndOtherLosses" />
    <link:label xlink:type="resource" xlink:label="label_ObsolescenceAndOtherLosses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ObsolescenceAndOtherLosses" xml:lang="en-US" id="label_ObsolescenceAndOtherLosses">Obsolescence and other losses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ObsolescenceAndOtherLosses" xlink:to="label_ObsolescenceAndOtherLosses" xlink:title="Label : ObsolescenceAndOtherLosses to label_ObsolescenceAndOtherLosses" />
    <link:label xlink:type="resource" xlink:label="label_ObsolescenceAndOtherLosses_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ObsolescenceAndOtherLosses_1" xml:lang="en-US" id="label_ObsolescenceAndOtherLosses_1">Obsolescence and other losses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ObsolescenceAndOtherLosses" xlink:to="label_ObsolescenceAndOtherLosses_1" xlink:title="Label : ObsolescenceAndOtherLosses to label_ObsolescenceAndOtherLosses_1" />
    <link:label xlink:type="resource" xlink:label="label_ObsolescenceAndOtherLosses_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ObsolescenceAndOtherLosses_2" xml:lang="en-US" id="label_ObsolescenceAndOtherLosses_2">Obsolescence and other losses on the value of inventories.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ObsolescenceAndOtherLosses" xlink:to="label_ObsolescenceAndOtherLosses_2" xlink:title="Label : ObsolescenceAndOtherLosses to label_ObsolescenceAndOtherLosses_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_SummaryOfRecoverableTaxesTable" xlink:label="SummaryOfRecoverableTaxesTable" xlink:title="SummaryOfRecoverableTaxesTable" />
    <link:label xlink:type="resource" xlink:label="label_SummaryOfRecoverableTaxesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SummaryOfRecoverableTaxesTable" xml:lang="en-US" id="label_SummaryOfRecoverableTaxesTable">Summary of recoverable taxes [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SummaryOfRecoverableTaxesTable" xlink:to="label_SummaryOfRecoverableTaxesTable" xlink:title="Label : SummaryOfRecoverableTaxesTable to label_SummaryOfRecoverableTaxesTable" />
    <link:label xlink:type="resource" xlink:label="label_SummaryOfRecoverableTaxesTable_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_SummaryOfRecoverableTaxesTable_1" xml:lang="en-US" id="label_SummaryOfRecoverableTaxesTable_1">Summary of recoverable taxes [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SummaryOfRecoverableTaxesTable" xlink:to="label_SummaryOfRecoverableTaxesTable_1" xlink:title="Label : SummaryOfRecoverableTaxesTable to label_SummaryOfRecoverableTaxesTable_1" />
    <link:label xlink:type="resource" xlink:label="label_SummaryOfRecoverableTaxesTable_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_SummaryOfRecoverableTaxesTable_2" xml:lang="en-US" id="label_SummaryOfRecoverableTaxesTable_2">Summary of recoverable taxes [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SummaryOfRecoverableTaxesTable" xlink:to="label_SummaryOfRecoverableTaxesTable_2" xlink:title="Label : SummaryOfRecoverableTaxesTable to label_SummaryOfRecoverableTaxesTable_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ICMSMember" xlink:label="ICMSMember" xlink:title="ICMSMember" />
    <link:label xlink:type="resource" xlink:label="label_ICMSMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ICMSMember" xml:lang="en-US" id="label_ICMSMember">I C M S [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ICMSMember" xlink:to="label_ICMSMember" xlink:title="Label : ICMSMember to label_ICMSMember" />
    <link:label xlink:type="resource" xlink:label="label_ICMSMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ICMSMember_1" xml:lang="en-US" id="label_ICMSMember_1">ICMS [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ICMSMember" xlink:to="label_ICMSMember_1" xlink:title="Label : ICMSMember to label_ICMSMember_1" />
    <link:label xlink:type="resource" xlink:label="label_ICMSMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ICMSMember_2" xml:lang="en-US" id="label_ICMSMember_2">This member stands for the information pertaining to credits of Tax on Goods and Services (ICMS, the Brazilian VAT).</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ICMSMember" xlink:to="label_ICMSMember_2" xlink:title="Label : ICMSMember to label_ICMSMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_PisAndCofinsMember" xlink:label="PisAndCofinsMember" xlink:title="PisAndCofinsMember" />
    <link:label xlink:type="resource" xlink:label="label_PisAndCofinsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_PisAndCofinsMember" xml:lang="en-US" id="label_PisAndCofinsMember">This member stands for the information pertaining to Contribution for Social Security Financing (COFINS) and Social Integration Program (PIS).</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PisAndCofinsMember" xlink:to="label_PisAndCofinsMember" xlink:title="Label : PisAndCofinsMember to label_PisAndCofinsMember" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PisAndCofinsMember" xlink:to="label_PisAndCofinsMember_1" xlink:title="Label : PisAndCofinsMember to label_PisAndCofinsMember_1" />
    <link:label xlink:type="resource" xlink:label="label_PisAndCofinsMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PisAndCofinsMember_2" xml:lang="en-US" id="label_PisAndCofinsMember_2">PIS and COFINS [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PisAndCofinsMember" xlink:to="label_PisAndCofinsMember_2" xlink:title="Label : PisAndCofinsMember to label_PisAndCofinsMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ValueAddedTaxIvaOfForeignSubsidiariesMember" xlink:label="ValueAddedTaxIvaOfForeignSubsidiariesMember" xlink:title="ValueAddedTaxIvaOfForeignSubsidiariesMember" />
    <link:label xlink:type="resource" xlink:label="label_ValueAddedTaxIvaOfForeignSubsidiariesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ValueAddedTaxIvaOfForeignSubsidiariesMember" xml:lang="en-US" id="label_ValueAddedTaxIvaOfForeignSubsidiariesMember">Value Added Tax IVA Of Foreign Subsidiaries [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ValueAddedTaxIvaOfForeignSubsidiariesMember" xlink:to="label_ValueAddedTaxIvaOfForeignSubsidiariesMember" xlink:title="Label : ValueAddedTaxIvaOfForeignSubsidiariesMember to label_ValueAddedTaxIvaOfForeignSubsidiariesMember" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ValueAddedTaxIvaOfForeignSubsidiariesMember" xlink:to="label_ValueAddedTaxIvaOfForeignSubsidiariesMember_1" xlink:title="Label : ValueAddedTaxIvaOfForeignSubsidiariesMember to label_ValueAddedTaxIvaOfForeignSubsidiariesMember_1" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ValueAddedTaxIvaOfForeignSubsidiariesMember" xlink:to="label_ValueAddedTaxIvaOfForeignSubsidiariesMember_2" xlink:title="Label : ValueAddedTaxIvaOfForeignSubsidiariesMember to label_ValueAddedTaxIvaOfForeignSubsidiariesMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_OtherTaxesReceivableMember" xlink:label="OtherTaxesReceivableMember" xlink:title="OtherTaxesReceivableMember" />
    <link:label xlink:type="resource" xlink:label="label_OtherTaxesReceivableMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherTaxesReceivableMember" xml:lang="en-US" id="label_OtherTaxesReceivableMember">Other Taxes Receivable [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherTaxesReceivableMember" xlink:to="label_OtherTaxesReceivableMember" xlink:title="Label : OtherTaxesReceivableMember to label_OtherTaxesReceivableMember" />
    <link:label xlink:type="resource" xlink:label="label_OtherTaxesReceivableMember_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_OtherTaxesReceivableMember_1" xml:lang="en-US" id="label_OtherTaxesReceivableMember_1">This member stands for the information pertaining to other taxes receivable.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherTaxesReceivableMember" xlink:to="label_OtherTaxesReceivableMember_1" xlink:title="Label : OtherTaxesReceivableMember to label_OtherTaxesReceivableMember_1" />
    <link:label xlink:type="resource" xlink:label="label_OtherTaxesReceivableMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherTaxesReceivableMember_2" xml:lang="en-US" id="label_OtherTaxesReceivableMember_2">Other Taxes Receivable [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherTaxesReceivableMember" xlink:to="label_OtherTaxesReceivableMember_2" xlink:title="Label : OtherTaxesReceivableMember to label_OtherTaxesReceivableMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_SummaryOfRecoverableTaxesLineItems" xlink:label="SummaryOfRecoverableTaxesLineItems" xlink:title="SummaryOfRecoverableTaxesLineItems" />
    <link:label xlink:type="resource" xlink:label="label_SummaryOfRecoverableTaxesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SummaryOfRecoverableTaxesLineItems" xml:lang="en-US" id="label_SummaryOfRecoverableTaxesLineItems">Summary of recoverable taxes [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SummaryOfRecoverableTaxesLineItems" xlink:to="label_SummaryOfRecoverableTaxesLineItems" xlink:title="Label : SummaryOfRecoverableTaxesLineItems to label_SummaryOfRecoverableTaxesLineItems" />
    <link:label xlink:type="resource" xlink:label="label_SummaryOfRecoverableTaxesLineItems_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_SummaryOfRecoverableTaxesLineItems_1" xml:lang="en-US" id="label_SummaryOfRecoverableTaxesLineItems_1">Summary of recoverable taxes [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SummaryOfRecoverableTaxesLineItems" xlink:to="label_SummaryOfRecoverableTaxesLineItems_1" xlink:title="Label : SummaryOfRecoverableTaxesLineItems to label_SummaryOfRecoverableTaxesLineItems_1" />
    <link:label xlink:type="resource" xlink:label="label_SummaryOfRecoverableTaxesLineItems_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_SummaryOfRecoverableTaxesLineItems_2" xml:lang="en-US" id="label_SummaryOfRecoverableTaxesLineItems_2">Summary of recoverable taxes.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SummaryOfRecoverableTaxesLineItems" xlink:to="label_SummaryOfRecoverableTaxesLineItems_2" xlink:title="Label : SummaryOfRecoverableTaxesLineItems to label_SummaryOfRecoverableTaxesLineItems_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ReceivablesFromTaxesOtherThanIncomeTax" xlink:label="ReceivablesFromTaxesOtherThanIncomeTax" xlink:title="ReceivablesFromTaxesOtherThanIncomeTax" />
    <link:label xlink:type="resource" xlink:label="label_ReceivablesFromTaxesOtherThanIncomeTax" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_ReceivablesFromTaxesOtherThanIncomeTax" xml:lang="en-US" id="label_ReceivablesFromTaxesOtherThanIncomeTax">Estimated recovery of PIS and COFINS credits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReceivablesFromTaxesOtherThanIncomeTax" xlink:to="label_ReceivablesFromTaxesOtherThanIncomeTax" xlink:title="Label : ReceivablesFromTaxesOtherThanIncomeTax to label_ReceivablesFromTaxesOtherThanIncomeTax" />
    <link:label xlink:type="resource" xlink:label="label_ReceivablesFromTaxesOtherThanIncomeTax_1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_ReceivablesFromTaxesOtherThanIncomeTax_1" xml:lang="en-US" id="label_ReceivablesFromTaxesOtherThanIncomeTax_1">Recoverable taxes</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReceivablesFromTaxesOtherThanIncomeTax" xlink:to="label_ReceivablesFromTaxesOtherThanIncomeTax_1" xlink:title="Label : ReceivablesFromTaxesOtherThanIncomeTax to label_ReceivablesFromTaxesOtherThanIncomeTax_1" />
    <link:label xlink:type="resource" xlink:label="label_ReceivablesFromTaxesOtherThanIncomeTax_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ReceivablesFromTaxesOtherThanIncomeTax_2" xml:lang="en-US" id="label_ReceivablesFromTaxesOtherThanIncomeTax_2">Receivables from taxes other than income tax</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReceivablesFromTaxesOtherThanIncomeTax" xlink:to="label_ReceivablesFromTaxesOtherThanIncomeTax_2" xlink:title="Label : ReceivablesFromTaxesOtherThanIncomeTax to label_ReceivablesFromTaxesOtherThanIncomeTax_2" />
    <link:label xlink:type="resource" xlink:label="label_ReceivablesFromTaxesOtherThanIncomeTax_3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ReceivablesFromTaxesOtherThanIncomeTax_3" xml:lang="en-US" id="label_ReceivablesFromTaxesOtherThanIncomeTax_3">Estimated recovery of ICMS assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReceivablesFromTaxesOtherThanIncomeTax" xlink:to="label_ReceivablesFromTaxesOtherThanIncomeTax_3" xlink:title="Label : ReceivablesFromTaxesOtherThanIncomeTax to label_ReceivablesFromTaxesOtherThanIncomeTax_3" />
    <link:label xlink:type="resource" xlink:label="label_ReceivablesFromTaxesOtherThanIncomeTax_4" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xlink:title="label_ReceivablesFromTaxesOtherThanIncomeTax_4" xml:lang="en-US" id="label_ReceivablesFromTaxesOtherThanIncomeTax_4">Recoverable taxes</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReceivablesFromTaxesOtherThanIncomeTax" xlink:to="label_ReceivablesFromTaxesOtherThanIncomeTax_4" xlink:title="Label : ReceivablesFromTaxesOtherThanIncomeTax to label_ReceivablesFromTaxesOtherThanIncomeTax_4" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DisclosureOfEstimatedRecoveryOfIcmsAssetsTable" xlink:label="DisclosureOfEstimatedRecoveryOfIcmsAssetsTable" xlink:title="DisclosureOfEstimatedRecoveryOfIcmsAssetsTable" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfEstimatedRecoveryOfIcmsAssetsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfEstimatedRecoveryOfIcmsAssetsTable" xml:lang="en-US" id="label_DisclosureOfEstimatedRecoveryOfIcmsAssetsTable">Disclosure Of Estimated Recovery Of ICMS Assets [Table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfEstimatedRecoveryOfIcmsAssetsTable" xlink:to="label_DisclosureOfEstimatedRecoveryOfIcmsAssetsTable" xlink:title="Label : DisclosureOfEstimatedRecoveryOfIcmsAssetsTable to label_DisclosureOfEstimatedRecoveryOfIcmsAssetsTable" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfEstimatedRecoveryOfIcmsAssetsTable_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DisclosureOfEstimatedRecoveryOfIcmsAssetsTable_1" xml:lang="en-US" id="label_DisclosureOfEstimatedRecoveryOfIcmsAssetsTable_1">Disclosure Of Estimated Recovery Of ICMS Assets.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfEstimatedRecoveryOfIcmsAssetsTable" xlink:to="label_DisclosureOfEstimatedRecoveryOfIcmsAssetsTable_1" xlink:title="Label : DisclosureOfEstimatedRecoveryOfIcmsAssetsTable to label_DisclosureOfEstimatedRecoveryOfIcmsAssetsTable_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_MaturityAxis" xlink:label="MaturityAxis" xlink:title="MaturityAxis" />
    <link:label xlink:type="resource" xlink:label="label_MaturityAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MaturityAxis" xml:lang="en-US" id="label_MaturityAxis">Maturity [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaturityAxis" xlink:to="label_MaturityAxis" xlink:title="Label : MaturityAxis to label_MaturityAxis" />
    <link:label xlink:type="resource" xlink:label="label_MaturityAxis_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_MaturityAxis_1" xml:lang="en-US" id="label_MaturityAxis_1">Maturity [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaturityAxis" xlink:to="label_MaturityAxis_1" xlink:title="Label : MaturityAxis to label_MaturityAxis_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AggregatedTimeBandsMember" xlink:label="AggregatedTimeBandsMember" xlink:title="AggregatedTimeBandsMember" />
    <link:label xlink:type="resource" xlink:label="label_AggregatedTimeBandsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AggregatedTimeBandsMember" xml:lang="en-US" id="label_AggregatedTimeBandsMember">Aggregated time bands [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AggregatedTimeBandsMember" xlink:to="label_AggregatedTimeBandsMember" xlink:title="Label : AggregatedTimeBandsMember to label_AggregatedTimeBandsMember" />
    <link:label xlink:type="resource" xlink:label="label_AggregatedTimeBandsMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AggregatedTimeBandsMember_1" xml:lang="en-US" id="label_AggregatedTimeBandsMember_1">Aggregated time bands [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AggregatedTimeBandsMember" xlink:to="label_AggregatedTimeBandsMember_1" xlink:title="Label : AggregatedTimeBandsMember to label_AggregatedTimeBandsMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NotLaterThanOneYearMember" xlink:label="NotLaterThanOneYearMember" xlink:title="NotLaterThanOneYearMember" />
    <link:label xlink:type="resource" xlink:label="label_NotLaterThanOneYearMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NotLaterThanOneYearMember" xml:lang="en-US" id="label_NotLaterThanOneYearMember">Up to 1 year</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotLaterThanOneYearMember" xlink:to="label_NotLaterThanOneYearMember" xlink:title="Label : NotLaterThanOneYearMember to label_NotLaterThanOneYearMember" />
    <link:label xlink:type="resource" xlink:label="label_NotLaterThanOneYearMember_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_NotLaterThanOneYearMember_1" xml:lang="en-US" id="label_NotLaterThanOneYearMember_1">Less than 1 year [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotLaterThanOneYearMember" xlink:to="label_NotLaterThanOneYearMember_1" xlink:title="Label : NotLaterThanOneYearMember to label_NotLaterThanOneYearMember_1" />
    <link:label xlink:type="resource" xlink:label="label_NotLaterThanOneYearMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NotLaterThanOneYearMember_2" xml:lang="en-US" id="label_NotLaterThanOneYearMember_2">Not later than one year [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotLaterThanOneYearMember" xlink:to="label_NotLaterThanOneYearMember_2" xlink:title="Label : NotLaterThanOneYearMember to label_NotLaterThanOneYearMember_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:label="LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:title="LaterThanOneYearAndNotLaterThanTwoYearsMember" />
    <link:label xlink:type="resource" xlink:label="label_LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LaterThanOneYearAndNotLaterThanTwoYearsMember" xml:lang="en-US" id="label_LaterThanOneYearAndNotLaterThanTwoYearsMember">From 1 to 2 years [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:to="label_LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:title="Label : LaterThanOneYearAndNotLaterThanTwoYearsMember to label_LaterThanOneYearAndNotLaterThanTwoYearsMember" />
    <link:label xlink:type="resource" xlink:label="label_LaterThanOneYearAndNotLaterThanTwoYearsMember_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_LaterThanOneYearAndNotLaterThanTwoYearsMember_1" xml:lang="en-US" id="label_LaterThanOneYearAndNotLaterThanTwoYearsMember_1">From 1 to 2 Years</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:to="label_LaterThanOneYearAndNotLaterThanTwoYearsMember_1" xlink:title="Label : LaterThanOneYearAndNotLaterThanTwoYearsMember to label_LaterThanOneYearAndNotLaterThanTwoYearsMember_1" />
    <link:label xlink:type="resource" xlink:label="label_LaterThanOneYearAndNotLaterThanTwoYearsMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LaterThanOneYearAndNotLaterThanTwoYearsMember_2" xml:lang="en-US" id="label_LaterThanOneYearAndNotLaterThanTwoYearsMember_2">Later than one year and not later than two years [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:to="label_LaterThanOneYearAndNotLaterThanTwoYearsMember_2" xlink:title="Label : LaterThanOneYearAndNotLaterThanTwoYearsMember to label_LaterThanOneYearAndNotLaterThanTwoYearsMember_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:label="LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:title="LaterThanTwoYearsAndNotLaterThanThreeYearsMember" />
    <link:label xlink:type="resource" xlink:label="label_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xml:lang="en-US" id="label_LaterThanTwoYearsAndNotLaterThanThreeYearsMember">From 2 to 3 years [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:to="label_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:title="Label : LaterThanTwoYearsAndNotLaterThanThreeYearsMember to label_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" />
    <link:label xlink:type="resource" xlink:label="label_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_1" xml:lang="en-US" id="label_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_1">From 2 to 3 Years</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:to="label_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_1" xlink:title="Label : LaterThanTwoYearsAndNotLaterThanThreeYearsMember to label_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_1" />
    <link:label xlink:type="resource" xlink:label="label_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_2" xml:lang="en-US" id="label_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_2">Later than two years and not later than three years [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:to="label_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_2" xlink:title="Label : LaterThanTwoYearsAndNotLaterThanThreeYearsMember to label_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_2" />
    <link:label xlink:type="resource" xlink:label="label_LaterThanThreeYearsAndNotLaterThanFiveYearsMember_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_LaterThanThreeYearsAndNotLaterThanFiveYearsMember_1" xml:lang="en-US" id="label_LaterThanThreeYearsAndNotLaterThanFiveYearsMember_1">From 3 to 5 Years</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanThreeYearsAndNotLaterThanFiveYearsMember" xlink:to="label_LaterThanThreeYearsAndNotLaterThanFiveYearsMember_1" xlink:title="Label : LaterThanThreeYearsAndNotLaterThanFiveYearsMember to label_LaterThanThreeYearsAndNotLaterThanFiveYearsMember_1" />
    <link:label xlink:type="resource" xlink:label="label_LaterThanThreeYearsAndNotLaterThanFiveYearsMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LaterThanThreeYearsAndNotLaterThanFiveYearsMember_2" xml:lang="en-US" id="label_LaterThanThreeYearsAndNotLaterThanFiveYearsMember_2">Later than three years and not later than five years [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanThreeYearsAndNotLaterThanFiveYearsMember" xlink:to="label_LaterThanThreeYearsAndNotLaterThanFiveYearsMember_2" xlink:title="Label : LaterThanThreeYearsAndNotLaterThanFiveYearsMember to label_LaterThanThreeYearsAndNotLaterThanFiveYearsMember_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LaterThanFiveYearsAndNotLaterThanSevenYearsMember" xlink:label="LaterThanFiveYearsAndNotLaterThanSevenYearsMember" xlink:title="LaterThanFiveYearsAndNotLaterThanSevenYearsMember" />
    <link:label xlink:type="resource" xlink:label="label_LaterThanFiveYearsAndNotLaterThanSevenYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LaterThanFiveYearsAndNotLaterThanSevenYearsMember" xml:lang="en-US" id="label_LaterThanFiveYearsAndNotLaterThanSevenYearsMember">Later than five years and not later than seven years [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanFiveYearsAndNotLaterThanSevenYearsMember" xlink:to="label_LaterThanFiveYearsAndNotLaterThanSevenYearsMember" xlink:title="Label : LaterThanFiveYearsAndNotLaterThanSevenYearsMember to label_LaterThanFiveYearsAndNotLaterThanSevenYearsMember" />
    <link:label xlink:type="resource" xlink:label="label_LaterThanFiveYearsAndNotLaterThanSevenYearsMember_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_LaterThanFiveYearsAndNotLaterThanSevenYearsMember_1" xml:lang="en-US" id="label_LaterThanFiveYearsAndNotLaterThanSevenYearsMember_1">From 5 to 7 Years</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanFiveYearsAndNotLaterThanSevenYearsMember" xlink:to="label_LaterThanFiveYearsAndNotLaterThanSevenYearsMember_1" xlink:title="Label : LaterThanFiveYearsAndNotLaterThanSevenYearsMember to label_LaterThanFiveYearsAndNotLaterThanSevenYearsMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LaterThanSevenYearsAndNotLaterThanTenYearsMember" xlink:label="LaterThanSevenYearsAndNotLaterThanTenYearsMember" xlink:title="LaterThanSevenYearsAndNotLaterThanTenYearsMember" />
    <link:label xlink:type="resource" xlink:label="label_LaterThanSevenYearsAndNotLaterThanTenYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LaterThanSevenYearsAndNotLaterThanTenYearsMember" xml:lang="en-US" id="label_LaterThanSevenYearsAndNotLaterThanTenYearsMember">Later than seven years and not later than ten years [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanSevenYearsAndNotLaterThanTenYearsMember" xlink:to="label_LaterThanSevenYearsAndNotLaterThanTenYearsMember" xlink:title="Label : LaterThanSevenYearsAndNotLaterThanTenYearsMember to label_LaterThanSevenYearsAndNotLaterThanTenYearsMember" />
    <link:label xlink:type="resource" xlink:label="label_LaterThanSevenYearsAndNotLaterThanTenYearsMember_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_LaterThanSevenYearsAndNotLaterThanTenYearsMember_1" xml:lang="en-US" id="label_LaterThanSevenYearsAndNotLaterThanTenYearsMember_1">From 7 to 10 Years</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanSevenYearsAndNotLaterThanTenYearsMember" xlink:to="label_LaterThanSevenYearsAndNotLaterThanTenYearsMember_1" xlink:title="Label : LaterThanSevenYearsAndNotLaterThanTenYearsMember to label_LaterThanSevenYearsAndNotLaterThanTenYearsMember_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DisclosureOfEstimatedRecoveryOfIcmsAssetsLineItems" xlink:label="DisclosureOfEstimatedRecoveryOfIcmsAssetsLineItems" xlink:title="DisclosureOfEstimatedRecoveryOfIcmsAssetsLineItems" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfEstimatedRecoveryOfIcmsAssetsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfEstimatedRecoveryOfIcmsAssetsLineItems" xml:lang="en-US" id="label_DisclosureOfEstimatedRecoveryOfIcmsAssetsLineItems">Disclosure Of Estimated Recovery Of ICMS Assets [Line Items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfEstimatedRecoveryOfIcmsAssetsLineItems" xlink:to="label_DisclosureOfEstimatedRecoveryOfIcmsAssetsLineItems" xlink:title="Label : DisclosureOfEstimatedRecoveryOfIcmsAssetsLineItems to label_DisclosureOfEstimatedRecoveryOfIcmsAssetsLineItems" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfEstimatedRecoveryOfIcmsAssetsLineItems_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DisclosureOfEstimatedRecoveryOfIcmsAssetsLineItems_1" xml:lang="en-US" id="label_DisclosureOfEstimatedRecoveryOfIcmsAssetsLineItems_1">Disclosure Of Estimated Recovery Of ICMS Assets.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfEstimatedRecoveryOfIcmsAssetsLineItems" xlink:to="label_DisclosureOfEstimatedRecoveryOfIcmsAssetsLineItems_1" xlink:title="Label : DisclosureOfEstimatedRecoveryOfIcmsAssetsLineItems to label_DisclosureOfEstimatedRecoveryOfIcmsAssetsLineItems_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesTable" xlink:label="DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesTable" xlink:title="DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesTable" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesTable" xml:lang="en-US" id="label_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesTable">Disclosure of Recoverable Income Tax and Social Contribution Taxes [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesTable" xlink:to="label_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesTable" xlink:title="Label : DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesTable to label_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesTable" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesTable_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesTable_1" xml:lang="en-US" id="label_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesTable_1">Disclosure of Recoverable Income Tax and Social Contribution Taxes [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesTable" xlink:to="label_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesTable_1" xlink:title="Label : DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesTable to label_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesTable_1" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesTable_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesTable_2" xml:lang="en-US" id="label_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesTable_2">Disclosure of Recoverable Income Tax and Social Contribution Taxes [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesTable" xlink:to="label_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesTable_2" xlink:title="Label : DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesTable to label_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesTable_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_IrpjandcsllMember" xlink:label="IrpjandcsllMember" xlink:title="IrpjandcsllMember" />
    <link:label xlink:type="resource" xlink:label="label_IrpjandcsllMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IrpjandcsllMember" xml:lang="en-US" id="label_IrpjandcsllMember">Irpjandcsll [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IrpjandcsllMember" xlink:to="label_IrpjandcsllMember" xlink:title="Label : IrpjandcsllMember to label_IrpjandcsllMember" />
    <link:label xlink:type="resource" xlink:label="label_IrpjandcsllMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IrpjandcsllMember_1" xml:lang="en-US" id="label_IrpjandcsllMember_1">IRPJ and CSLL [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IrpjandcsllMember" xlink:to="label_IrpjandcsllMember_1" xlink:title="Label : IrpjandcsllMember to label_IrpjandcsllMember_1" />
    <link:label xlink:type="resource" xlink:label="label_IrpjandcsllMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_IrpjandcsllMember_2" xml:lang="en-US" id="label_IrpjandcsllMember_2">This member stands for the information pertaining to current and deferred income tax (IRPJ) and social contribution on net income tax (CSLL).</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IrpjandcsllMember" xlink:to="label_IrpjandcsllMember_2" xlink:title="Label : IrpjandcsllMember to label_IrpjandcsllMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesLineItems" xlink:label="DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesLineItems" xlink:title="DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesLineItems" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesLineItems" xml:lang="en-US" id="label_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesLineItems">Disclosure Of Recoverable Income Tax and Social Contribution Taxes [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesLineItems" xlink:to="label_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesLineItems" xlink:title="Label : DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesLineItems to label_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesLineItems" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesLineItems_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesLineItems_1" xml:lang="en-US" id="label_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesLineItems_1">Disclosure Of Recoverable Income Tax and Social Contribution Taxes [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesLineItems" xlink:to="label_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesLineItems_1" xlink:title="Label : DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesLineItems to label_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesLineItems_1" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesLineItems_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesLineItems_2" xml:lang="en-US" id="label_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesLineItems_2">Disclosure Of Recoverable Income Tax and Social Contribution Taxes [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesLineItems" xlink:to="label_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesLineItems_2" xlink:title="Label : DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesLineItems to label_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesLineItems_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentTaxAssets" xlink:label="CurrentTaxAssets" xlink:title="CurrentTaxAssets" />
    <link:label xlink:type="resource" xlink:label="label_CurrentTaxAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CurrentTaxAssets" xml:lang="en-US" id="label_CurrentTaxAssets">Recoverable income and social contribution taxes</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentTaxAssets" xlink:to="label_CurrentTaxAssets" xlink:title="Label : CurrentTaxAssets to label_CurrentTaxAssets" />
    <link:label xlink:type="resource" xlink:label="label_CurrentTaxAssets_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurrentTaxAssets_1" xml:lang="en-US" id="label_CurrentTaxAssets_1">Current tax assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentTaxAssets" xlink:to="label_CurrentTaxAssets_1" xlink:title="Label : CurrentTaxAssets to label_CurrentTaxAssets_1" />
    <link:label xlink:type="resource" xlink:label="label_CurrentTaxAssets_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_CurrentTaxAssets_2" xml:lang="en-US" id="label_CurrentTaxAssets_2">Recoverable and social contribution taxes</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentTaxAssets" xlink:to="label_CurrentTaxAssets_2" xlink:title="Label : CurrentTaxAssets to label_CurrentTaxAssets_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_SubsidiariesGroupOneMember" xlink:label="SubsidiariesGroupOneMember" xlink:title="SubsidiariesGroupOneMember" />
    <link:label xlink:type="resource" xlink:label="label_SubsidiariesGroupOneMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SubsidiariesGroupOneMember" xml:lang="en-US" id="label_SubsidiariesGroupOneMember">Subsidiaries Group One [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubsidiariesGroupOneMember" xlink:to="label_SubsidiariesGroupOneMember" xlink:title="Label : SubsidiariesGroupOneMember to label_SubsidiariesGroupOneMember" />
    <link:label xlink:type="resource" xlink:label="label_SubsidiariesGroupOneMember_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_SubsidiariesGroupOneMember_1" xml:lang="en-US" id="label_SubsidiariesGroupOneMember_1">Represents information pertaining to group of subsidiaries, one.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubsidiariesGroupOneMember" xlink:to="label_SubsidiariesGroupOneMember_1" xlink:title="Label : SubsidiariesGroupOneMember to label_SubsidiariesGroupOneMember_1" />
    <link:label xlink:type="resource" xlink:label="label_SubsidiariesGroupOneMember_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_SubsidiariesGroupOneMember_2" xml:lang="en-US" id="label_SubsidiariesGroupOneMember_2">Subsidiaries Oxiteno S.A., Empresa Carioca de Produtos Qu&#xED;micos S.A. (&#x201C;EMCA&#x201D;) e Oleoqu&#xED;mica Ind&#xFA;stria e Com&#xE9;rcio de Produtos Qu&#xED;micos Ltda. (&#x201C;Oleoqu&#xED;mica&#x201D;) [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubsidiariesGroupOneMember" xlink:to="label_SubsidiariesGroupOneMember_2" xlink:title="Label : SubsidiariesGroupOneMember to label_SubsidiariesGroupOneMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_SubsidiariesGroupTwoMember" xlink:label="SubsidiariesGroupTwoMember" xlink:title="SubsidiariesGroupTwoMember" />
    <link:label xlink:type="resource" xlink:label="label_SubsidiariesGroupTwoMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_SubsidiariesGroupTwoMember" xml:lang="en-US" id="label_SubsidiariesGroupTwoMember">Subsidiaries Ipiranga Produtos de Petr&#xF3;leo S.A. (&#x201C;IPP&#x201D;), Bahiana Distribuidora de G&#xE1;s Ltda. (&#x201C;Bahiana&#x201D;), Cia. Ultragaz, AMPM, Iconic Lubrificantes S.A. (&#x201C;Iconic&#x201D;) [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubsidiariesGroupTwoMember" xlink:to="label_SubsidiariesGroupTwoMember" xlink:title="Label : SubsidiariesGroupTwoMember to label_SubsidiariesGroupTwoMember" />
    <link:label xlink:type="resource" xlink:label="label_SubsidiariesGroupTwoMember_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_SubsidiariesGroupTwoMember_1" xml:lang="en-US" id="label_SubsidiariesGroupTwoMember_1">Represents information pertaining to group of subsidiaries, two.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubsidiariesGroupTwoMember" xlink:to="label_SubsidiariesGroupTwoMember_1" xlink:title="Label : SubsidiariesGroupTwoMember to label_SubsidiariesGroupTwoMember_1" />
    <link:label xlink:type="resource" xlink:label="label_SubsidiariesGroupTwoMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SubsidiariesGroupTwoMember_2" xml:lang="en-US" id="label_SubsidiariesGroupTwoMember_2">Subsidiaries Group Two [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubsidiariesGroupTwoMember" xlink:to="label_SubsidiariesGroupTwoMember_2" xlink:title="Label : SubsidiariesGroupTwoMember to label_SubsidiariesGroupTwoMember_2" />
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    <link:label xlink:type="resource" xlink:label="label_SubsidiariesGroupThreeMember_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_SubsidiariesGroupThreeMember_1" xml:lang="en-US" id="label_SubsidiariesGroupThreeMember_1">Represents information pertaining to group of subsidiaries, three.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubsidiariesGroupThreeMember" xlink:to="label_SubsidiariesGroupThreeMember_1" xlink:title="Label : SubsidiariesGroupThreeMember to label_SubsidiariesGroupThreeMember_1" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubsidiariesGroupThreeMember" xlink:to="label_SubsidiariesGroupThreeMember_2" xlink:title="Label : SubsidiariesGroupThreeMember to label_SubsidiariesGroupThreeMember_2" />
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    <link:label xlink:type="resource" xlink:label="label_SubsidiariesGroupFourMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_SubsidiariesGroupFourMember" xml:lang="en-US" id="label_SubsidiariesGroupFourMember">Subsidiaries Ipiranga Produtos de Petr&#xF3;leo S.A. (&#x201C;IPP&#x201D;), Tropical Transportes Ipiranga Ltda (&#x201C;Tropical&#x201D;), AMPM, Iconic and Ultragaz [member]</link:label>
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    <link:label xlink:type="resource" xlink:label="label_SubsidiariesGroupFourMember_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_SubsidiariesGroupFourMember_1" xml:lang="en-US" id="label_SubsidiariesGroupFourMember_1">Represents information pertaining to group of subsidiaries, four.</link:label>
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    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_BrazilianFederalRevenueServiceMember" xlink:label="BrazilianFederalRevenueServiceMember" xlink:title="BrazilianFederalRevenueServiceMember" />
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    <link:label xlink:type="resource" xlink:label="label_BrazilianFederalRevenueServiceMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_BrazilianFederalRevenueServiceMember_1" xml:lang="en-US" id="label_BrazilianFederalRevenueServiceMember_1">Brazilian Federal Revenue Service [member]</link:label>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitLossOnProvisionForTaxCivilAndLaborRisks" xlink:to="label_ProfitLossOnProvisionForTaxCivilAndLaborRisks_1" xlink:title="Label : ProfitLossOnProvisionForTaxCivilAndLaborRisks to label_ProfitLossOnProvisionForTaxCivilAndLaborRisks_1" />
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:label="DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:title="DisclosureOfTransactionsBetweenRelatedPartiesTable" />
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_SignificantInvestmentsInAssociatesAxis" xlink:label="SignificantInvestmentsInAssociatesAxis" xlink:title="SignificantInvestmentsInAssociatesAxis" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SignificantInvestmentsInAssociatesAxis" xlink:to="label_SignificantInvestmentsInAssociatesAxis" xlink:title="Label : SignificantInvestmentsInAssociatesAxis to label_SignificantInvestmentsInAssociatesAxis" />
    <link:label xlink:type="resource" xlink:label="label_SignificantInvestmentsInAssociatesAxis_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_SignificantInvestmentsInAssociatesAxis_1" xml:lang="en-US" id="label_SignificantInvestmentsInAssociatesAxis_1">Associates [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SignificantInvestmentsInAssociatesAxis" xlink:to="label_SignificantInvestmentsInAssociatesAxis_1" xlink:title="Label : SignificantInvestmentsInAssociatesAxis to label_SignificantInvestmentsInAssociatesAxis_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_EntitysTotalForAssociatesMember" xlink:label="EntitysTotalForAssociatesMember" xlink:title="EntitysTotalForAssociatesMember" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntitysTotalForAssociatesMember" xlink:to="label_EntitysTotalForAssociatesMember_1" xlink:title="Label : EntitysTotalForAssociatesMember to label_EntitysTotalForAssociatesMember_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_QuimicaDaBahiaIndustriaEcomercioMember" xlink:label="QuimicaDaBahiaIndustriaEcomercioMember" xlink:title="QuimicaDaBahiaIndustriaEcomercioMember" />
    <link:label xlink:type="resource" xlink:label="label_QuimicaDaBahiaIndustriaEcomercioMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_QuimicaDaBahiaIndustriaEcomercioMember" xml:lang="en-US" id="label_QuimicaDaBahiaIndustriaEcomercioMember">Quimica da bahia industria ecomercio [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="QuimicaDaBahiaIndustriaEcomercioMember" xlink:to="label_QuimicaDaBahiaIndustriaEcomercioMember" xlink:title="Label : QuimicaDaBahiaIndustriaEcomercioMember to label_QuimicaDaBahiaIndustriaEcomercioMember" />
    <link:label xlink:type="resource" xlink:label="label_QuimicaDaBahiaIndustriaEcomercioMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_QuimicaDaBahiaIndustriaEcomercioMember_1" xml:lang="en-US" id="label_QuimicaDaBahiaIndustriaEcomercioMember_1">Quimica da Bahia Industria e Comercio S.A. [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="QuimicaDaBahiaIndustriaEcomercioMember" xlink:to="label_QuimicaDaBahiaIndustriaEcomercioMember_1" xlink:title="Label : QuimicaDaBahiaIndustriaEcomercioMember to label_QuimicaDaBahiaIndustriaEcomercioMember_1" />
    <link:label xlink:type="resource" xlink:label="label_QuimicaDaBahiaIndustriaEcomercioMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_QuimicaDaBahiaIndustriaEcomercioMember_2" xml:lang="en-US" id="label_QuimicaDaBahiaIndustriaEcomercioMember_2">This member stands for the information pertaining to Qu&#xED;mica da Bahia Ind&#xFA;stria e Com&#xE9;rcio S.A.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="QuimicaDaBahiaIndustriaEcomercioMember" xlink:to="label_QuimicaDaBahiaIndustriaEcomercioMember_2" xlink:title="Label : QuimicaDaBahiaIndustriaEcomercioMember to label_QuimicaDaBahiaIndustriaEcomercioMember_2" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RouteasyServicosDeAssessoriaLogisticaLtdaMember" xlink:to="label_RouteasyServicosDeAssessoriaLogisticaLtdaMember" xlink:title="Label : RouteasyServicosDeAssessoriaLogisticaLtdaMember to label_RouteasyServicosDeAssessoriaLogisticaLtdaMember" />
    <link:label xlink:type="resource" xlink:label="label_RouteasyServicosDeAssessoriaLogisticaLtdaMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_RouteasyServicosDeAssessoriaLogisticaLtdaMember_1" xml:lang="en-US" id="label_RouteasyServicosDeAssessoriaLogisticaLtdaMember_1">Routeasy Servi&#xE7;os de Assessoria Log&#xED;stica Ltda. [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RouteasyServicosDeAssessoriaLogisticaLtdaMember" xlink:to="label_RouteasyServicosDeAssessoriaLogisticaLtdaMember_1" xlink:title="Label : RouteasyServicosDeAssessoriaLogisticaLtdaMember to label_RouteasyServicosDeAssessoriaLogisticaLtdaMember_1" />
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherRelatedPartiesMember" xlink:label="OtherRelatedPartiesMember" xlink:title="OtherRelatedPartiesMember" />
    <link:label xlink:type="resource" xlink:label="label_OtherRelatedPartiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherRelatedPartiesMember" xml:lang="en-US" id="label_OtherRelatedPartiesMember">Others [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherRelatedPartiesMember" xlink:to="label_OtherRelatedPartiesMember" xlink:title="Label : OtherRelatedPartiesMember to label_OtherRelatedPartiesMember" />
    <link:label xlink:type="resource" xlink:label="label_OtherRelatedPartiesMember_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherRelatedPartiesMember_1" xml:lang="en-US" id="label_OtherRelatedPartiesMember_1">Other related parties [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherRelatedPartiesMember" xlink:to="label_OtherRelatedPartiesMember_1" xlink:title="Label : OtherRelatedPartiesMember to label_OtherRelatedPartiesMember_1" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OxicapIndustriaDeGasesMember" xlink:to="label_OxicapIndustriaDeGasesMember" xlink:title="Label : OxicapIndustriaDeGasesMember to label_OxicapIndustriaDeGasesMember" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OxicapIndustriaDeGasesMember" xlink:to="label_OxicapIndustriaDeGasesMember_1" xlink:title="Label : OxicapIndustriaDeGasesMember to label_OxicapIndustriaDeGasesMember_1" />
    <link:label xlink:type="resource" xlink:label="label_OxicapIndustriaDeGasesMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OxicapIndustriaDeGasesMember_2" xml:lang="en-US" id="label_OxicapIndustriaDeGasesMember_2">Oxicap industria de gases [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OxicapIndustriaDeGasesMember" xlink:to="label_OxicapIndustriaDeGasesMember_2" xlink:title="Label : OxicapIndustriaDeGasesMember to label_OxicapIndustriaDeGasesMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_RefinariaDePetroleoRigrandenseMember" xlink:label="RefinariaDePetroleoRigrandenseMember" xlink:title="RefinariaDePetroleoRigrandenseMember" />
    <link:label xlink:type="resource" xlink:label="label_RefinariaDePetroleoRigrandenseMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_RefinariaDePetroleoRigrandenseMember" xml:lang="en-US" id="label_RefinariaDePetroleoRigrandenseMember">This member stands for the information pertaining to Refinaria de petroleo rigrandense S.A.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RefinariaDePetroleoRigrandenseMember" xlink:to="label_RefinariaDePetroleoRigrandenseMember" xlink:title="Label : RefinariaDePetroleoRigrandenseMember to label_RefinariaDePetroleoRigrandenseMember" />
    <link:label xlink:type="resource" xlink:label="label_RefinariaDePetroleoRigrandenseMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_RefinariaDePetroleoRigrandenseMember_1" xml:lang="en-US" id="label_RefinariaDePetroleoRigrandenseMember_1">Refinaria De Petroleo Rigrandense [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RefinariaDePetroleoRigrandenseMember" xlink:to="label_RefinariaDePetroleoRigrandenseMember_1" xlink:title="Label : RefinariaDePetroleoRigrandenseMember to label_RefinariaDePetroleoRigrandenseMember_1" />
    <link:label xlink:type="resource" xlink:label="label_RefinariaDePetroleoRigrandenseMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RefinariaDePetroleoRigrandenseMember_2" xml:lang="en-US" id="label_RefinariaDePetroleoRigrandenseMember_2">Refinaria De Petroleo Rigrandense [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RefinariaDePetroleoRigrandenseMember" xlink:to="label_RefinariaDePetroleoRigrandenseMember_2" xlink:title="Label : RefinariaDePetroleoRigrandenseMember to label_RefinariaDePetroleoRigrandenseMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ConectCarSolucoesDeMobilidadeEletronicaMember" xlink:label="ConectCarSolucoesDeMobilidadeEletronicaMember" xlink:title="ConectCarSolucoesDeMobilidadeEletronicaMember" />
    <link:label xlink:type="resource" xlink:label="label_ConectCarSolucoesDeMobilidadeEletronicaMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ConectCarSolucoesDeMobilidadeEletronicaMember" xml:lang="en-US" id="label_ConectCarSolucoesDeMobilidadeEletronicaMember">This member stands for the information pertaining to Conect car solucoes de mobilidade eletronica S.A.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConectCarSolucoesDeMobilidadeEletronicaMember" xlink:to="label_ConectCarSolucoesDeMobilidadeEletronicaMember" xlink:title="Label : ConectCarSolucoesDeMobilidadeEletronicaMember to label_ConectCarSolucoesDeMobilidadeEletronicaMember" />
    <link:label xlink:type="resource" xlink:label="label_ConectCarSolucoesDeMobilidadeEletronicaMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ConectCarSolucoesDeMobilidadeEletronicaMember_1" xml:lang="en-US" id="label_ConectCarSolucoesDeMobilidadeEletronicaMember_1">ConectCar Solucoes de Mobilidade Eletronica [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConectCarSolucoesDeMobilidadeEletronicaMember" xlink:to="label_ConectCarSolucoesDeMobilidadeEletronicaMember_1" xlink:title="Label : ConectCarSolucoesDeMobilidadeEletronicaMember to label_ConectCarSolucoesDeMobilidadeEletronicaMember_1" />
    <link:label xlink:type="resource" xlink:label="label_ConectCarSolucoesDeMobilidadeEletronicaMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ConectCarSolucoesDeMobilidadeEletronicaMember_2" xml:lang="en-US" id="label_ConectCarSolucoesDeMobilidadeEletronicaMember_2">Conect car solucoes de mobilidade eletronica [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConectCarSolucoesDeMobilidadeEletronicaMember" xlink:to="label_ConectCarSolucoesDeMobilidadeEletronicaMember_2" xlink:title="Label : ConectCarSolucoesDeMobilidadeEletronicaMember to label_ConectCarSolucoesDeMobilidadeEletronicaMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_LA7ParticipaesEEmpreendImobLtdaMember" xlink:label="LA7ParticipaesEEmpreendImobLtdaMember" xlink:title="LA7ParticipaesEEmpreendImobLtdaMember" />
    <link:label xlink:type="resource" xlink:label="label_LA7ParticipaesEEmpreendImobLtdaMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LA7ParticipaesEEmpreendImobLtdaMember" xml:lang="en-US" id="label_LA7ParticipaesEEmpreendImobLtdaMember">L A 7 Participaes E Empreend Imob Ltda [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LA7ParticipaesEEmpreendImobLtdaMember" xlink:to="label_LA7ParticipaesEEmpreendImobLtdaMember" xlink:title="Label : LA7ParticipaesEEmpreendImobLtdaMember to label_LA7ParticipaesEEmpreendImobLtdaMember" />
    <link:label xlink:type="resource" xlink:label="label_LA7ParticipaesEEmpreendImobLtdaMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LA7ParticipaesEEmpreendImobLtdaMember_1" xml:lang="en-US" id="label_LA7ParticipaesEEmpreendImobLtdaMember_1">LA'7 Participaes e Empreend. Imob. Ltda. [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LA7ParticipaesEEmpreendImobLtdaMember" xlink:to="label_LA7ParticipaesEEmpreendImobLtdaMember_1" xlink:title="Label : LA7ParticipaesEEmpreendImobLtdaMember to label_LA7ParticipaesEEmpreendImobLtdaMember_1" />
    <link:label xlink:type="resource" xlink:label="label_LA7ParticipaesEEmpreendImobLtdaMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_LA7ParticipaesEEmpreendImobLtdaMember_2" xml:lang="en-US" id="label_LA7ParticipaesEEmpreendImobLtdaMember_2">This member stands for the information pertaining to LA'7 Participaes e Empreend. Imob. Ltda.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LA7ParticipaesEEmpreendImobLtdaMember" xlink:to="label_LA7ParticipaesEEmpreendImobLtdaMember_2" xlink:title="Label : LA7ParticipaesEEmpreendImobLtdaMember to label_LA7ParticipaesEEmpreendImobLtdaMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ChevronThailandLimitedMember" xlink:label="ChevronThailandLimitedMember" xlink:title="ChevronThailandLimitedMember" />
    <link:label xlink:type="resource" xlink:label="label_ChevronThailandLimitedMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ChevronThailandLimitedMember" xml:lang="en-US" id="label_ChevronThailandLimitedMember">Chevron Thailand Limited [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChevronThailandLimitedMember" xlink:to="label_ChevronThailandLimitedMember" xlink:title="Label : ChevronThailandLimitedMember to label_ChevronThailandLimitedMember" />
    <link:label xlink:type="resource" xlink:label="label_ChevronThailandLimitedMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ChevronThailandLimitedMember_1" xml:lang="en-US" id="label_ChevronThailandLimitedMember_1">Chevron (Thailand) Limited [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChevronThailandLimitedMember" xlink:to="label_ChevronThailandLimitedMember_1" xlink:title="Label : ChevronThailandLimitedMember to label_ChevronThailandLimitedMember_1" />
    <link:label xlink:type="resource" xlink:label="label_ChevronThailandLimitedMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ChevronThailandLimitedMember_2" xml:lang="en-US" id="label_ChevronThailandLimitedMember_2">This member stands for the information pertaining to Chevron (Thailand) Limited a related party of the reporting entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChevronThailandLimitedMember" xlink:to="label_ChevronThailandLimitedMember_2" xlink:title="Label : ChevronThailandLimitedMember to label_ChevronThailandLimitedMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ChevronBrasilOleosBasicosLtdaMember" xlink:label="ChevronBrasilOleosBasicosLtdaMember" xlink:title="ChevronBrasilOleosBasicosLtdaMember" />
    <link:label xlink:type="resource" xlink:label="label_ChevronBrasilOleosBasicosLtdaMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ChevronBrasilOleosBasicosLtdaMember" xml:lang="en-US" id="label_ChevronBrasilOleosBasicosLtdaMember">Chevron Brasil Oleos Basicos Ltda [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChevronBrasilOleosBasicosLtdaMember" xlink:to="label_ChevronBrasilOleosBasicosLtdaMember" xlink:title="Label : ChevronBrasilOleosBasicosLtdaMember to label_ChevronBrasilOleosBasicosLtdaMember" />
    <link:label xlink:type="resource" xlink:label="label_ChevronBrasilOleosBasicosLtdaMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ChevronBrasilOleosBasicosLtdaMember_1" xml:lang="en-US" id="label_ChevronBrasilOleosBasicosLtdaMember_1">Chevron Brasil Oleos Basicos LTDA [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChevronBrasilOleosBasicosLtdaMember" xlink:to="label_ChevronBrasilOleosBasicosLtdaMember_1" xlink:title="Label : ChevronBrasilOleosBasicosLtdaMember to label_ChevronBrasilOleosBasicosLtdaMember_1" />
    <link:label xlink:type="resource" xlink:label="label_ChevronBrasilOleosBasicosLtdaMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ChevronBrasilOleosBasicosLtdaMember_2" xml:lang="en-US" id="label_ChevronBrasilOleosBasicosLtdaMember_2">This member stands for the information pertaining to Chevron Brasil Oleos Basicos LTDA a related party of the reporting entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChevronBrasilOleosBasicosLtdaMember" xlink:to="label_ChevronBrasilOleosBasicosLtdaMember_2" xlink:title="Label : ChevronBrasilOleosBasicosLtdaMember to label_ChevronBrasilOleosBasicosLtdaMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ChevronLatinAmericaMarketingLlcMember" xlink:label="ChevronLatinAmericaMarketingLlcMember" xlink:title="ChevronLatinAmericaMarketingLlcMember" />
    <link:label xlink:type="resource" xlink:label="label_ChevronLatinAmericaMarketingLlcMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ChevronLatinAmericaMarketingLlcMember" xml:lang="en-US" id="label_ChevronLatinAmericaMarketingLlcMember">Chevron Latin America Marketing LLC [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChevronLatinAmericaMarketingLlcMember" xlink:to="label_ChevronLatinAmericaMarketingLlcMember" xlink:title="Label : ChevronLatinAmericaMarketingLlcMember to label_ChevronLatinAmericaMarketingLlcMember" />
    <link:label xlink:type="resource" xlink:label="label_ChevronLatinAmericaMarketingLlcMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ChevronLatinAmericaMarketingLlcMember_1" xml:lang="en-US" id="label_ChevronLatinAmericaMarketingLlcMember_1">Chevron Latin America Marketing LLC [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChevronLatinAmericaMarketingLlcMember" xlink:to="label_ChevronLatinAmericaMarketingLlcMember_1" xlink:title="Label : ChevronLatinAmericaMarketingLlcMember to label_ChevronLatinAmericaMarketingLlcMember_1" />
    <link:label xlink:type="resource" xlink:label="label_ChevronLatinAmericaMarketingLlcMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ChevronLatinAmericaMarketingLlcMember_2" xml:lang="en-US" id="label_ChevronLatinAmericaMarketingLlcMember_2">Chevron Latin America Marketing LLC Member.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChevronLatinAmericaMarketingLlcMember" xlink:to="label_ChevronLatinAmericaMarketingLlcMember_2" xlink:title="Label : ChevronLatinAmericaMarketingLlcMember to label_ChevronLatinAmericaMarketingLlcMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ChevronLubricantsLankaPlcMember" xlink:label="ChevronLubricantsLankaPlcMember" xlink:title="ChevronLubricantsLankaPlcMember" />
    <link:label xlink:type="resource" xlink:label="label_ChevronLubricantsLankaPlcMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ChevronLubricantsLankaPlcMember" xml:lang="en-US" id="label_ChevronLubricantsLankaPlcMember">Chevron Lubricants Lanka Plc [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChevronLubricantsLankaPlcMember" xlink:to="label_ChevronLubricantsLankaPlcMember" xlink:title="Label : ChevronLubricantsLankaPlcMember to label_ChevronLubricantsLankaPlcMember" />
    <link:label xlink:type="resource" xlink:label="label_ChevronLubricantsLankaPlcMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ChevronLubricantsLankaPlcMember_1" xml:lang="en-US" id="label_ChevronLubricantsLankaPlcMember_1">Chevron Lubricants Lanka PLC [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChevronLubricantsLankaPlcMember" xlink:to="label_ChevronLubricantsLankaPlcMember_1" xlink:title="Label : ChevronLubricantsLankaPlcMember to label_ChevronLubricantsLankaPlcMember_1" />
    <link:label xlink:type="resource" xlink:label="label_ChevronLubricantsLankaPlcMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ChevronLubricantsLankaPlcMember_2" xml:lang="en-US" id="label_ChevronLubricantsLankaPlcMember_2">This member stands for the information pertaining to Chevron Lubricants Lanka PLC a related party of the reporting entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChevronLubricantsLankaPlcMember" xlink:to="label_ChevronLubricantsLankaPlcMember_2" xlink:title="Label : ChevronLubricantsLankaPlcMember to label_ChevronLubricantsLankaPlcMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ChevronLubricantsOilsSAMember" xlink:label="ChevronLubricantsOilsSAMember" xlink:title="ChevronLubricantsOilsSAMember" />
    <link:label xlink:type="resource" xlink:label="label_ChevronLubricantsOilsSAMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ChevronLubricantsOilsSAMember" xml:lang="en-US" id="label_ChevronLubricantsOilsSAMember">Chevron Lubricants Oils S A [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChevronLubricantsOilsSAMember" xlink:to="label_ChevronLubricantsOilsSAMember" xlink:title="Label : ChevronLubricantsOilsSAMember to label_ChevronLubricantsOilsSAMember" />
    <link:label xlink:type="resource" xlink:label="label_ChevronLubricantsOilsSAMember_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ChevronLubricantsOilsSAMember_1" xml:lang="en-US" id="label_ChevronLubricantsOilsSAMember_1">This member stands for the information pertaining to Chevron Lubricants Oils S.A. a related party of the reporting entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChevronLubricantsOilsSAMember" xlink:to="label_ChevronLubricantsOilsSAMember_1" xlink:title="Label : ChevronLubricantsOilsSAMember to label_ChevronLubricantsOilsSAMember_1" />
    <link:label xlink:type="resource" xlink:label="label_ChevronLubricantsOilsSAMember_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ChevronLubricantsOilsSAMember_2" xml:lang="en-US" id="label_ChevronLubricantsOilsSAMember_2">Chevron Lubricants Oils S.A. [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChevronLubricantsOilsSAMember" xlink:to="label_ChevronLubricantsOilsSAMember_2" xlink:title="Label : ChevronLubricantsOilsSAMember to label_ChevronLubricantsOilsSAMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ChevronMarineProductsMember" xlink:label="ChevronMarineProductsMember" xlink:title="ChevronMarineProductsMember" />
    <link:label xlink:type="resource" xlink:label="label_ChevronMarineProductsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ChevronMarineProductsMember" xml:lang="en-US" id="label_ChevronMarineProductsMember">Chevron Marine Products [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChevronMarineProductsMember" xlink:to="label_ChevronMarineProductsMember" xlink:title="Label : ChevronMarineProductsMember to label_ChevronMarineProductsMember" />
    <link:label xlink:type="resource" xlink:label="label_ChevronMarineProductsMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ChevronMarineProductsMember_1" xml:lang="en-US" id="label_ChevronMarineProductsMember_1">Chevron Marine Products [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChevronMarineProductsMember" xlink:to="label_ChevronMarineProductsMember_1" xlink:title="Label : ChevronMarineProductsMember to label_ChevronMarineProductsMember_1" />
    <link:label xlink:type="resource" xlink:label="label_ChevronMarineProductsMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ChevronMarineProductsMember_2" xml:lang="en-US" id="label_ChevronMarineProductsMember_2">This member stands for the information pertaining to Chevron Marine Products a related party of the reporting entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChevronMarineProductsMember" xlink:to="label_ChevronMarineProductsMember_2" xlink:title="Label : ChevronMarineProductsMember to label_ChevronMarineProductsMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ChevronOroniteBrasilLtdaMember" xlink:label="ChevronOroniteBrasilLtdaMember" xlink:title="ChevronOroniteBrasilLtdaMember" />
    <link:label xlink:type="resource" xlink:label="label_ChevronOroniteBrasilLtdaMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ChevronOroniteBrasilLtdaMember" xml:lang="en-US" id="label_ChevronOroniteBrasilLtdaMember">Chevron Oronite Brasil Ltda [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChevronOroniteBrasilLtdaMember" xlink:to="label_ChevronOroniteBrasilLtdaMember" xlink:title="Label : ChevronOroniteBrasilLtdaMember to label_ChevronOroniteBrasilLtdaMember" />
    <link:label xlink:type="resource" xlink:label="label_ChevronOroniteBrasilLtdaMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ChevronOroniteBrasilLtdaMember_1" xml:lang="en-US" id="label_ChevronOroniteBrasilLtdaMember_1">Chevron Oronite Brasil LTDA. [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChevronOroniteBrasilLtdaMember" xlink:to="label_ChevronOroniteBrasilLtdaMember_1" xlink:title="Label : ChevronOroniteBrasilLtdaMember to label_ChevronOroniteBrasilLtdaMember_1" />
    <link:label xlink:type="resource" xlink:label="label_ChevronOroniteBrasilLtdaMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ChevronOroniteBrasilLtdaMember_2" xml:lang="en-US" id="label_ChevronOroniteBrasilLtdaMember_2">This member stands for the information pertaining to Chevron Oronite Brasil LTDA. a related party of the reporting entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChevronOroniteBrasilLtdaMember" xlink:to="label_ChevronOroniteBrasilLtdaMember_2" xlink:title="Label : ChevronOroniteBrasilLtdaMember to label_ChevronOroniteBrasilLtdaMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ChevronProductsCompanyMember" xlink:label="ChevronProductsCompanyMember" xlink:title="ChevronProductsCompanyMember" />
    <link:label xlink:type="resource" xlink:label="label_ChevronProductsCompanyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ChevronProductsCompanyMember" xml:lang="en-US" id="label_ChevronProductsCompanyMember">Chevron Products Company [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChevronProductsCompanyMember" xlink:to="label_ChevronProductsCompanyMember" xlink:title="Label : ChevronProductsCompanyMember to label_ChevronProductsCompanyMember" />
    <link:label xlink:type="resource" xlink:label="label_ChevronProductsCompanyMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ChevronProductsCompanyMember_1" xml:lang="en-US" id="label_ChevronProductsCompanyMember_1">Chevron Products Company [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChevronProductsCompanyMember" xlink:to="label_ChevronProductsCompanyMember_1" xlink:title="Label : ChevronProductsCompanyMember to label_ChevronProductsCompanyMember_1" />
    <link:label xlink:type="resource" xlink:label="label_ChevronProductsCompanyMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ChevronProductsCompanyMember_2" xml:lang="en-US" id="label_ChevronProductsCompanyMember_2">This member stands for the information pertaining to Chevron Products Company a related party of the reporting entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChevronProductsCompanyMember" xlink:to="label_ChevronProductsCompanyMember_2" xlink:title="Label : ChevronProductsCompanyMember to label_ChevronProductsCompanyMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ChevronBelgiumNvMember" xlink:label="ChevronBelgiumNvMember" xlink:title="ChevronBelgiumNvMember" />
    <link:label xlink:type="resource" xlink:label="label_ChevronBelgiumNvMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ChevronBelgiumNvMember" xml:lang="en-US" id="label_ChevronBelgiumNvMember">Chevron Belgium Nv [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChevronBelgiumNvMember" xlink:to="label_ChevronBelgiumNvMember" xlink:title="Label : ChevronBelgiumNvMember to label_ChevronBelgiumNvMember" />
    <link:label xlink:type="resource" xlink:label="label_ChevronBelgiumNvMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ChevronBelgiumNvMember_1" xml:lang="en-US" id="label_ChevronBelgiumNvMember_1">Chevron Belgium NV [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChevronBelgiumNvMember" xlink:to="label_ChevronBelgiumNvMember_1" xlink:title="Label : ChevronBelgiumNvMember to label_ChevronBelgiumNvMember_1" />
    <link:label xlink:type="resource" xlink:label="label_ChevronBelgiumNvMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ChevronBelgiumNvMember_2" xml:lang="en-US" id="label_ChevronBelgiumNvMember_2">This member stands for the information pertaining to Chevron Belgium NV a related party of the reporting entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChevronBelgiumNvMember" xlink:to="label_ChevronBelgiumNvMember_2" xlink:title="Label : ChevronBelgiumNvMember to label_ChevronBelgiumNvMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ChevronPetroleumCoColombiaMember" xlink:label="ChevronPetroleumCoColombiaMember" xlink:title="ChevronPetroleumCoColombiaMember" />
    <link:label xlink:type="resource" xlink:label="label_ChevronPetroleumCoColombiaMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ChevronPetroleumCoColombiaMember" xml:lang="en-US" id="label_ChevronPetroleumCoColombiaMember">Chevron Petroleum Co Colombia [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChevronPetroleumCoColombiaMember" xlink:to="label_ChevronPetroleumCoColombiaMember" xlink:title="Label : ChevronPetroleumCoColombiaMember to label_ChevronPetroleumCoColombiaMember" />
    <link:label xlink:type="resource" xlink:label="label_ChevronPetroleumCoColombiaMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ChevronPetroleumCoColombiaMember_1" xml:lang="en-US" id="label_ChevronPetroleumCoColombiaMember_1">Chevron Petroleum CO Colombia [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChevronPetroleumCoColombiaMember" xlink:to="label_ChevronPetroleumCoColombiaMember_1" xlink:title="Label : ChevronPetroleumCoColombiaMember to label_ChevronPetroleumCoColombiaMember_1" />
    <link:label xlink:type="resource" xlink:label="label_ChevronPetroleumCoColombiaMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ChevronPetroleumCoColombiaMember_2" xml:lang="en-US" id="label_ChevronPetroleumCoColombiaMember_2">This member stands for the information pertaining to Chevron Petroleum CO Colombia a related party of the reporting entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChevronPetroleumCoColombiaMember" xlink:to="label_ChevronPetroleumCoColombiaMember_2" xlink:title="Label : ChevronPetroleumCoColombiaMember to label_ChevronPetroleumCoColombiaMember_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:label="DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:title="DisclosureOfTransactionsBetweenRelatedPartiesLineItems" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xml:lang="en-US" id="label_DisclosureOfTransactionsBetweenRelatedPartiesLineItems">Disclosure of transactions between related parties [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="label_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:title="Label : DisclosureOfTransactionsBetweenRelatedPartiesLineItems to label_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_TradeAndOtherPayablesToRelatedParties" xlink:label="TradeAndOtherPayablesToRelatedParties" xlink:title="TradeAndOtherPayablesToRelatedParties" />
    <link:label xlink:type="resource" xlink:label="label_TradeAndOtherPayablesToRelatedParties" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TradeAndOtherPayablesToRelatedParties" xml:lang="en-US" id="label_TradeAndOtherPayablesToRelatedParties">Payables to related parties</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeAndOtherPayablesToRelatedParties" xlink:to="label_TradeAndOtherPayablesToRelatedParties" xlink:title="Label : TradeAndOtherPayablesToRelatedParties to label_TradeAndOtherPayablesToRelatedParties" />
    <link:label xlink:type="resource" xlink:label="label_TradeAndOtherPayablesToRelatedParties_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TradeAndOtherPayablesToRelatedParties_1" xml:lang="en-US" id="label_TradeAndOtherPayablesToRelatedParties_1">Loans liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeAndOtherPayablesToRelatedParties" xlink:to="label_TradeAndOtherPayablesToRelatedParties_1" xlink:title="Label : TradeAndOtherPayablesToRelatedParties to label_TradeAndOtherPayablesToRelatedParties_1" />
    <link:label xlink:type="resource" xlink:label="label_TradeAndOtherPayablesToRelatedParties_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_TradeAndOtherPayablesToRelatedParties_2" xml:lang="en-US" id="label_TradeAndOtherPayablesToRelatedParties_2">Trade payables to related parties</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeAndOtherPayablesToRelatedParties" xlink:to="label_TradeAndOtherPayablesToRelatedParties_2" xlink:title="Label : TradeAndOtherPayablesToRelatedParties to label_TradeAndOtherPayablesToRelatedParties_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AmountsReceivableRelatedPartyTransactions" xlink:label="AmountsReceivableRelatedPartyTransactions" xlink:title="AmountsReceivableRelatedPartyTransactions" />
    <link:label xlink:type="resource" xlink:label="label_AmountsReceivableRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AmountsReceivableRelatedPartyTransactions" xml:lang="en-US" id="label_AmountsReceivableRelatedPartyTransactions">Receivables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmountsReceivableRelatedPartyTransactions" xlink:to="label_AmountsReceivableRelatedPartyTransactions" xlink:title="Label : AmountsReceivableRelatedPartyTransactions to label_AmountsReceivableRelatedPartyTransactions" />
    <link:label xlink:type="resource" xlink:label="label_AmountsReceivableRelatedPartyTransactions_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AmountsReceivableRelatedPartyTransactions_1" xml:lang="en-US" id="label_AmountsReceivableRelatedPartyTransactions_1">Amounts receivable, related party transactions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmountsReceivableRelatedPartyTransactions" xlink:to="label_AmountsReceivableRelatedPartyTransactions_1" xlink:title="Label : AmountsReceivableRelatedPartyTransactions to label_AmountsReceivableRelatedPartyTransactions_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AmountsPayableRelatedPartyTransactions" xlink:label="AmountsPayableRelatedPartyTransactions" xlink:title="AmountsPayableRelatedPartyTransactions" />
    <link:label xlink:type="resource" xlink:label="label_AmountsPayableRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AmountsPayableRelatedPartyTransactions" xml:lang="en-US" id="label_AmountsPayableRelatedPartyTransactions">Payables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmountsPayableRelatedPartyTransactions" xlink:to="label_AmountsPayableRelatedPartyTransactions" xlink:title="Label : AmountsPayableRelatedPartyTransactions to label_AmountsPayableRelatedPartyTransactions" />
    <link:label xlink:type="resource" xlink:label="label_AmountsPayableRelatedPartyTransactions_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AmountsPayableRelatedPartyTransactions_1" xml:lang="en-US" id="label_AmountsPayableRelatedPartyTransactions_1">Amounts payable, related party transactions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmountsPayableRelatedPartyTransactions" xlink:to="label_AmountsPayableRelatedPartyTransactions_1" xlink:title="Label : AmountsPayableRelatedPartyTransactions to label_AmountsPayableRelatedPartyTransactions_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_CommercialTransactionsOtherPayables" xlink:label="CommercialTransactionsOtherPayables" xlink:title="CommercialTransactionsOtherPayables" />
    <link:label xlink:type="resource" xlink:label="label_CommercialTransactionsOtherPayables" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_CommercialTransactionsOtherPayables" xml:lang="en-US" id="label_CommercialTransactionsOtherPayables">The amount of Commercial transactions Other payables.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommercialTransactionsOtherPayables" xlink:to="label_CommercialTransactionsOtherPayables" xlink:title="Label : CommercialTransactionsOtherPayables to label_CommercialTransactionsOtherPayables" />
    <link:label xlink:type="resource" xlink:label="label_CommercialTransactionsOtherPayables_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CommercialTransactionsOtherPayables_1" xml:lang="en-US" id="label_CommercialTransactionsOtherPayables_1">Commercial transactions other payables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommercialTransactionsOtherPayables" xlink:to="label_CommercialTransactionsOtherPayables_1" xlink:title="Label : CommercialTransactionsOtherPayables to label_CommercialTransactionsOtherPayables_1" />
    <link:label xlink:type="resource" xlink:label="label_CommercialTransactionsOtherPayables_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CommercialTransactionsOtherPayables_2" xml:lang="en-US" id="label_CommercialTransactionsOtherPayables_2">Commercial Transactions Other Payables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommercialTransactionsOtherPayables" xlink:to="label_CommercialTransactionsOtherPayables_2" xlink:title="Label : CommercialTransactionsOtherPayables to label_CommercialTransactionsOtherPayables_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_CommercialTransactionsSalesAndServices" xlink:label="CommercialTransactionsSalesAndServices" xlink:title="CommercialTransactionsSalesAndServices" />
    <link:label xlink:type="resource" xlink:label="label_CommercialTransactionsSalesAndServices" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CommercialTransactionsSalesAndServices" xml:lang="en-US" id="label_CommercialTransactionsSalesAndServices">Commercial transactions sales and services</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommercialTransactionsSalesAndServices" xlink:to="label_CommercialTransactionsSalesAndServices" xlink:title="Label : CommercialTransactionsSalesAndServices to label_CommercialTransactionsSalesAndServices" />
    <link:label xlink:type="resource" xlink:label="label_CommercialTransactionsSalesAndServices_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CommercialTransactionsSalesAndServices_1" xml:lang="en-US" id="label_CommercialTransactionsSalesAndServices_1">Commercial transactions, sales and services</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommercialTransactionsSalesAndServices" xlink:to="label_CommercialTransactionsSalesAndServices_1" xlink:title="Label : CommercialTransactionsSalesAndServices to label_CommercialTransactionsSalesAndServices_1" />
    <link:label xlink:type="resource" xlink:label="label_CommercialTransactionsSalesAndServices_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_CommercialTransactionsSalesAndServices_2" xml:lang="en-US" id="label_CommercialTransactionsSalesAndServices_2">The amount of Commercial transactions, sales and services.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommercialTransactionsSalesAndServices" xlink:to="label_CommercialTransactionsSalesAndServices_2" xlink:title="Label : CommercialTransactionsSalesAndServices to label_CommercialTransactionsSalesAndServices_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_PurchasesOfGoodsRelatedPartyTransactions" xlink:label="PurchasesOfGoodsRelatedPartyTransactions" xlink:title="PurchasesOfGoodsRelatedPartyTransactions" />
    <link:label xlink:type="resource" xlink:label="label_PurchasesOfGoodsRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_PurchasesOfGoodsRelatedPartyTransactions" xml:lang="en-US" id="label_PurchasesOfGoodsRelatedPartyTransactions">Commercial transactions purchases</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PurchasesOfGoodsRelatedPartyTransactions" xlink:to="label_PurchasesOfGoodsRelatedPartyTransactions" xlink:title="Label : PurchasesOfGoodsRelatedPartyTransactions to label_PurchasesOfGoodsRelatedPartyTransactions" />
    <link:label xlink:type="resource" xlink:label="label_PurchasesOfGoodsRelatedPartyTransactions_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PurchasesOfGoodsRelatedPartyTransactions_1" xml:lang="en-US" id="label_PurchasesOfGoodsRelatedPartyTransactions_1">Purchases of goods, related party transactions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PurchasesOfGoodsRelatedPartyTransactions" xlink:to="label_PurchasesOfGoodsRelatedPartyTransactions_1" xlink:title="Label : PurchasesOfGoodsRelatedPartyTransactions to label_PurchasesOfGoodsRelatedPartyTransactions_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_CommercialTransactionsExpenses" xlink:label="CommercialTransactionsExpenses" xlink:title="CommercialTransactionsExpenses" />
    <link:label xlink:type="resource" xlink:label="label_CommercialTransactionsExpenses" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_CommercialTransactionsExpenses" xml:lang="en-US" id="label_CommercialTransactionsExpenses">The amount of commercial transactions expenses arising from related party transactions.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommercialTransactionsExpenses" xlink:to="label_CommercialTransactionsExpenses" xlink:title="Label : CommercialTransactionsExpenses to label_CommercialTransactionsExpenses" />
    <link:label xlink:type="resource" xlink:label="label_CommercialTransactionsExpenses_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CommercialTransactionsExpenses_1" xml:lang="en-US" id="label_CommercialTransactionsExpenses_1">Expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommercialTransactionsExpenses" xlink:to="label_CommercialTransactionsExpenses_1" xlink:title="Label : CommercialTransactionsExpenses to label_CommercialTransactionsExpenses_1" />
    <link:label xlink:type="resource" xlink:label="label_CommercialTransactionsExpenses_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CommercialTransactionsExpenses_2" xml:lang="en-US" id="label_CommercialTransactionsExpenses_2">Commercial Transactions Expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommercialTransactionsExpenses" xlink:to="label_CommercialTransactionsExpenses_2" xlink:title="Label : CommercialTransactionsExpenses to label_CommercialTransactionsExpenses_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NumberOfDrugstoresUnderRentalContracts" xlink:label="NumberOfDrugstoresUnderRentalContracts" xlink:title="NumberOfDrugstoresUnderRentalContracts" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfDrugstoresUnderRentalContracts" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NumberOfDrugstoresUnderRentalContracts" xml:lang="en-US" id="label_NumberOfDrugstoresUnderRentalContracts">Number of drugstores under rental contracts</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfDrugstoresUnderRentalContracts" xlink:to="label_NumberOfDrugstoresUnderRentalContracts" xlink:title="Label : NumberOfDrugstoresUnderRentalContracts to label_NumberOfDrugstoresUnderRentalContracts" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfDrugstoresUnderRentalContracts_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NumberOfDrugstoresUnderRentalContracts_1" xml:lang="en-US" id="label_NumberOfDrugstoresUnderRentalContracts_1">Number of drugstores under rental contracts</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfDrugstoresUnderRentalContracts" xlink:to="label_NumberOfDrugstoresUnderRentalContracts_1" xlink:title="Label : NumberOfDrugstoresUnderRentalContracts to label_NumberOfDrugstoresUnderRentalContracts_1" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfDrugstoresUnderRentalContracts_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_NumberOfDrugstoresUnderRentalContracts_2" xml:lang="en-US" id="label_NumberOfDrugstoresUnderRentalContracts_2">Number of drugstores under rental contracts.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfDrugstoresUnderRentalContracts" xlink:to="label_NumberOfDrugstoresUnderRentalContracts_2" xlink:title="Label : NumberOfDrugstoresUnderRentalContracts to label_NumberOfDrugstoresUnderRentalContracts_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits" xlink:label="KeyManagementPersonnelCompensationShorttermEmployeeBenefits" xlink:title="KeyManagementPersonnelCompensationShorttermEmployeeBenefits" />
    <link:label xlink:type="resource" xlink:label="label_KeyManagementPersonnelCompensationShorttermEmployeeBenefits" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_KeyManagementPersonnelCompensationShorttermEmployeeBenefits" xml:lang="en-US" id="label_KeyManagementPersonnelCompensationShorttermEmployeeBenefits">Short-term compensation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeyManagementPersonnelCompensationShorttermEmployeeBenefits" xlink:to="label_KeyManagementPersonnelCompensationShorttermEmployeeBenefits" xlink:title="Label : KeyManagementPersonnelCompensationShorttermEmployeeBenefits to label_KeyManagementPersonnelCompensationShorttermEmployeeBenefits" />
    <link:label xlink:type="resource" xlink:label="label_KeyManagementPersonnelCompensationShorttermEmployeeBenefits_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_KeyManagementPersonnelCompensationShorttermEmployeeBenefits_1" xml:lang="en-US" id="label_KeyManagementPersonnelCompensationShorttermEmployeeBenefits_1">Key management personnel compensation, short-term employee benefits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeyManagementPersonnelCompensationShorttermEmployeeBenefits" xlink:to="label_KeyManagementPersonnelCompensationShorttermEmployeeBenefits_1" xlink:title="Label : KeyManagementPersonnelCompensationShorttermEmployeeBenefits to label_KeyManagementPersonnelCompensationShorttermEmployeeBenefits_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_KeyManagementPersonnelCompensationSharebasedPayment" xlink:label="KeyManagementPersonnelCompensationSharebasedPayment" xlink:title="KeyManagementPersonnelCompensationSharebasedPayment" />
    <link:label xlink:type="resource" xlink:label="label_KeyManagementPersonnelCompensationSharebasedPayment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_KeyManagementPersonnelCompensationSharebasedPayment" xml:lang="en-US" id="label_KeyManagementPersonnelCompensationSharebasedPayment">Stock compensation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeyManagementPersonnelCompensationSharebasedPayment" xlink:to="label_KeyManagementPersonnelCompensationSharebasedPayment" xlink:title="Label : KeyManagementPersonnelCompensationSharebasedPayment to label_KeyManagementPersonnelCompensationSharebasedPayment" />
    <link:label xlink:type="resource" xlink:label="label_KeyManagementPersonnelCompensationSharebasedPayment_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_KeyManagementPersonnelCompensationSharebasedPayment_1" xml:lang="en-US" id="label_KeyManagementPersonnelCompensationSharebasedPayment_1">Key management personnel compensation, share-based payment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeyManagementPersonnelCompensationSharebasedPayment" xlink:to="label_KeyManagementPersonnelCompensationSharebasedPayment_1" xlink:title="Label : KeyManagementPersonnelCompensationSharebasedPayment to label_KeyManagementPersonnelCompensationSharebasedPayment_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_KeyManagementPersonnelCompensationPostemploymentBenefits" xlink:label="KeyManagementPersonnelCompensationPostemploymentBenefits" xlink:title="KeyManagementPersonnelCompensationPostemploymentBenefits" />
    <link:label xlink:type="resource" xlink:label="label_KeyManagementPersonnelCompensationPostemploymentBenefits" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_KeyManagementPersonnelCompensationPostemploymentBenefits" xml:lang="en-US" id="label_KeyManagementPersonnelCompensationPostemploymentBenefits">Post-employment benefits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeyManagementPersonnelCompensationPostemploymentBenefits" xlink:to="label_KeyManagementPersonnelCompensationPostemploymentBenefits" xlink:title="Label : KeyManagementPersonnelCompensationPostemploymentBenefits to label_KeyManagementPersonnelCompensationPostemploymentBenefits" />
    <link:label xlink:type="resource" xlink:label="label_KeyManagementPersonnelCompensationPostemploymentBenefits_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_KeyManagementPersonnelCompensationPostemploymentBenefits_1" xml:lang="en-US" id="label_KeyManagementPersonnelCompensationPostemploymentBenefits_1">Key management personnel compensation, post-employment benefits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeyManagementPersonnelCompensationPostemploymentBenefits" xlink:to="label_KeyManagementPersonnelCompensationPostemploymentBenefits_1" xlink:title="Label : KeyManagementPersonnelCompensationPostemploymentBenefits to label_KeyManagementPersonnelCompensationPostemploymentBenefits_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_KeyManagementPersonnelCompensationTerminationBenefits" xlink:label="KeyManagementPersonnelCompensationTerminationBenefits" xlink:title="KeyManagementPersonnelCompensationTerminationBenefits" />
    <link:label xlink:type="resource" xlink:label="label_KeyManagementPersonnelCompensationTerminationBenefits" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_KeyManagementPersonnelCompensationTerminationBenefits" xml:lang="en-US" id="label_KeyManagementPersonnelCompensationTerminationBenefits">Termination benefit</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeyManagementPersonnelCompensationTerminationBenefits" xlink:to="label_KeyManagementPersonnelCompensationTerminationBenefits" xlink:title="Label : KeyManagementPersonnelCompensationTerminationBenefits to label_KeyManagementPersonnelCompensationTerminationBenefits" />
    <link:label xlink:type="resource" xlink:label="label_KeyManagementPersonnelCompensationTerminationBenefits_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_KeyManagementPersonnelCompensationTerminationBenefits_1" xml:lang="en-US" id="label_KeyManagementPersonnelCompensationTerminationBenefits_1">Personnel expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeyManagementPersonnelCompensationTerminationBenefits" xlink:to="label_KeyManagementPersonnelCompensationTerminationBenefits_1" xlink:title="Label : KeyManagementPersonnelCompensationTerminationBenefits to label_KeyManagementPersonnelCompensationTerminationBenefits_1" />
    <link:label xlink:type="resource" xlink:label="label_KeyManagementPersonnelCompensationTerminationBenefits_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_KeyManagementPersonnelCompensationTerminationBenefits_2" xml:lang="en-US" id="label_KeyManagementPersonnelCompensationTerminationBenefits_2">Key management personnel compensation, termination benefits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeyManagementPersonnelCompensationTerminationBenefits" xlink:to="label_KeyManagementPersonnelCompensationTerminationBenefits_2" xlink:title="Label : KeyManagementPersonnelCompensationTerminationBenefits to label_KeyManagementPersonnelCompensationTerminationBenefits_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_KeyManagementPersonnelCompensation" xlink:label="KeyManagementPersonnelCompensation" xlink:title="KeyManagementPersonnelCompensation" />
    <link:label xlink:type="resource" xlink:label="label_KeyManagementPersonnelCompensation" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_KeyManagementPersonnelCompensation" xml:lang="en-US" id="label_KeyManagementPersonnelCompensation">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeyManagementPersonnelCompensation" xlink:to="label_KeyManagementPersonnelCompensation" xlink:title="Label : KeyManagementPersonnelCompensation to label_KeyManagementPersonnelCompensation" />
    <link:label xlink:type="resource" xlink:label="label_KeyManagementPersonnelCompensation_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_KeyManagementPersonnelCompensation_1" xml:lang="en-US" id="label_KeyManagementPersonnelCompensation_1">Compensation expense of key executives</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeyManagementPersonnelCompensation" xlink:to="label_KeyManagementPersonnelCompensation_1" xlink:title="Label : KeyManagementPersonnelCompensation to label_KeyManagementPersonnelCompensation_1" />
    <link:label xlink:type="resource" xlink:label="label_KeyManagementPersonnelCompensation_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_KeyManagementPersonnelCompensation_2" xml:lang="en-US" id="label_KeyManagementPersonnelCompensation_2">Key management personnel compensation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeyManagementPersonnelCompensation" xlink:to="label_KeyManagementPersonnelCompensation_2" xlink:title="Label : KeyManagementPersonnelCompensation to label_KeyManagementPersonnelCompensation_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_SharebasedPaymentPlanNameAxis" xlink:label="SharebasedPaymentPlanNameAxis" xlink:title="SharebasedPaymentPlanNameAxis" />
    <link:label xlink:type="resource" xlink:label="label_SharebasedPaymentPlanNameAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SharebasedPaymentPlanNameAxis" xml:lang="en-US" id="label_SharebasedPaymentPlanNameAxis">Share-based Payment Plan Name [Axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SharebasedPaymentPlanNameAxis" xlink:to="label_SharebasedPaymentPlanNameAxis" xlink:title="Label : SharebasedPaymentPlanNameAxis to label_SharebasedPaymentPlanNameAxis" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_SharebasedPaymentPlanNameDomain" xlink:label="SharebasedPaymentPlanNameDomain" xlink:title="SharebasedPaymentPlanNameDomain" />
    <link:label xlink:type="resource" xlink:label="label_SharebasedPaymentPlanNameDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SharebasedPaymentPlanNameDomain" xml:lang="en-US" id="label_SharebasedPaymentPlanNameDomain">Share-based Payment Plan Name [Domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SharebasedPaymentPlanNameDomain" xlink:to="label_SharebasedPaymentPlanNameDomain" xlink:title="Label : SharebasedPaymentPlanNameDomain to label_SharebasedPaymentPlanNameDomain" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DeferredStockUnitPlanMember" xlink:label="DeferredStockUnitPlanMember" xlink:title="DeferredStockUnitPlanMember" />
    <link:label xlink:type="resource" xlink:label="label_DeferredStockUnitPlanMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DeferredStockUnitPlanMember" xml:lang="en-US" id="label_DeferredStockUnitPlanMember">This member stands for the information pertaining to deferred stock unit plan.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredStockUnitPlanMember" xlink:to="label_DeferredStockUnitPlanMember" xlink:title="Label : DeferredStockUnitPlanMember to label_DeferredStockUnitPlanMember" />
    <link:label xlink:type="resource" xlink:label="label_DeferredStockUnitPlanMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DeferredStockUnitPlanMember_1" xml:lang="en-US" id="label_DeferredStockUnitPlanMember_1">Deferred stock plan [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredStockUnitPlanMember" xlink:to="label_DeferredStockUnitPlanMember_1" xlink:title="Label : DeferredStockUnitPlanMember to label_DeferredStockUnitPlanMember_1" />
    <link:label xlink:type="resource" xlink:label="label_DeferredStockUnitPlanMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DeferredStockUnitPlanMember_2" xml:lang="en-US" id="label_DeferredStockUnitPlanMember_2">Deferred stock unit plan [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredStockUnitPlanMember" xlink:to="label_DeferredStockUnitPlanMember_2" xlink:title="Label : DeferredStockUnitPlanMember to label_DeferredStockUnitPlanMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ProvisionForExpectedLossesOnAccountsReceivableOrGuarantees" xlink:label="ProvisionForExpectedLossesOnAccountsReceivableOrGuarantees" xlink:title="ProvisionForExpectedLossesOnAccountsReceivableOrGuarantees" />
    <link:label xlink:type="resource" xlink:label="label_ProvisionForExpectedLossesOnAccountsReceivableOrGuarantees" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ProvisionForExpectedLossesOnAccountsReceivableOrGuarantees" xml:lang="en-US" id="label_ProvisionForExpectedLossesOnAccountsReceivableOrGuarantees">Provision for Expected Losses on Accounts Receivable or Guarantees</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionForExpectedLossesOnAccountsReceivableOrGuarantees" xlink:to="label_ProvisionForExpectedLossesOnAccountsReceivableOrGuarantees" xlink:title="Label : ProvisionForExpectedLossesOnAccountsReceivableOrGuarantees to label_ProvisionForExpectedLossesOnAccountsReceivableOrGuarantees" />
    <link:label xlink:type="resource" xlink:label="label_ProvisionForExpectedLossesOnAccountsReceivableOrGuarantees_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ProvisionForExpectedLossesOnAccountsReceivableOrGuarantees_1" xml:lang="en-US" id="label_ProvisionForExpectedLossesOnAccountsReceivableOrGuarantees_1">The amount of provision for expected losses on accounts receivable or guarantees are recorded by the reporting entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionForExpectedLossesOnAccountsReceivableOrGuarantees" xlink:to="label_ProvisionForExpectedLossesOnAccountsReceivableOrGuarantees_1" xlink:title="Label : ProvisionForExpectedLossesOnAccountsReceivableOrGuarantees to label_ProvisionForExpectedLossesOnAccountsReceivableOrGuarantees_1" />
    <link:label xlink:type="resource" xlink:label="label_ProvisionForExpectedLossesOnAccountsReceivableOrGuarantees_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ProvisionForExpectedLossesOnAccountsReceivableOrGuarantees_2" xml:lang="en-US" id="label_ProvisionForExpectedLossesOnAccountsReceivableOrGuarantees_2">Provision for expected losses on accounts receivable or guarantees</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionForExpectedLossesOnAccountsReceivableOrGuarantees" xlink:to="label_ProvisionForExpectedLossesOnAccountsReceivableOrGuarantees_2" xlink:title="Label : ProvisionForExpectedLossesOnAccountsReceivableOrGuarantees to label_ProvisionForExpectedLossesOnAccountsReceivableOrGuarantees_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DeferredShareUnitsVestingPeriod" xlink:label="DeferredShareUnitsVestingPeriod" xlink:title="DeferredShareUnitsVestingPeriod" />
    <link:label xlink:type="resource" xlink:label="label_DeferredShareUnitsVestingPeriod" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DeferredShareUnitsVestingPeriod" xml:lang="en-US" id="label_DeferredShareUnitsVestingPeriod">The vesting period of deferred stock unit plan.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredShareUnitsVestingPeriod" xlink:to="label_DeferredShareUnitsVestingPeriod" xlink:title="Label : DeferredShareUnitsVestingPeriod to label_DeferredShareUnitsVestingPeriod" />
    <link:label xlink:type="resource" xlink:label="label_DeferredShareUnitsVestingPeriod_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DeferredShareUnitsVestingPeriod_1" xml:lang="en-US" id="label_DeferredShareUnitsVestingPeriod_1">Deferred stock plan amortization period from grant date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredShareUnitsVestingPeriod" xlink:to="label_DeferredShareUnitsVestingPeriod_1" xlink:title="Label : DeferredShareUnitsVestingPeriod to label_DeferredShareUnitsVestingPeriod_1" />
    <link:label xlink:type="resource" xlink:label="label_DeferredShareUnitsVestingPeriod_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DeferredShareUnitsVestingPeriod_2" xml:lang="en-US" id="label_DeferredShareUnitsVestingPeriod_2">Deferred Share Units Vesting Period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredShareUnitsVestingPeriod" xlink:to="label_DeferredShareUnitsVestingPeriod_2" xlink:title="Label : DeferredShareUnitsVestingPeriod to label_DeferredShareUnitsVestingPeriod_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AmortizationRecognizedAsGeneralAndAdministrativeExpense" xlink:label="AmortizationRecognizedAsGeneralAndAdministrativeExpense" xlink:title="AmortizationRecognizedAsGeneralAndAdministrativeExpense" />
    <link:label xlink:type="resource" xlink:label="label_AmortizationRecognizedAsGeneralAndAdministrativeExpense" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AmortizationRecognizedAsGeneralAndAdministrativeExpense" xml:lang="en-US" id="label_AmortizationRecognizedAsGeneralAndAdministrativeExpense">The amount of amortization recognized as general and administrative from related party transactions.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmortizationRecognizedAsGeneralAndAdministrativeExpense" xlink:to="label_AmortizationRecognizedAsGeneralAndAdministrativeExpense" xlink:title="Label : AmortizationRecognizedAsGeneralAndAdministrativeExpense to label_AmortizationRecognizedAsGeneralAndAdministrativeExpense" />
    <link:label xlink:type="resource" xlink:label="label_AmortizationRecognizedAsGeneralAndAdministrativeExpense_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AmortizationRecognizedAsGeneralAndAdministrativeExpense_1" xml:lang="en-US" id="label_AmortizationRecognizedAsGeneralAndAdministrativeExpense_1">Amortization recognized as general and administrative</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmortizationRecognizedAsGeneralAndAdministrativeExpense" xlink:to="label_AmortizationRecognizedAsGeneralAndAdministrativeExpense_1" xlink:title="Label : AmortizationRecognizedAsGeneralAndAdministrativeExpense to label_AmortizationRecognizedAsGeneralAndAdministrativeExpense_1" />
    <link:label xlink:type="resource" xlink:label="label_AmortizationRecognizedAsGeneralAndAdministrativeExpense_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AmortizationRecognizedAsGeneralAndAdministrativeExpense_2" xml:lang="en-US" id="label_AmortizationRecognizedAsGeneralAndAdministrativeExpense_2">Amortization recognized as general and administrative expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmortizationRecognizedAsGeneralAndAdministrativeExpense" xlink:to="label_AmortizationRecognizedAsGeneralAndAdministrativeExpense_2" xlink:title="Label : AmortizationRecognizedAsGeneralAndAdministrativeExpense to label_AmortizationRecognizedAsGeneralAndAdministrativeExpense_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_PeriodOfTransfterOfOwnershipShares" xlink:label="PeriodOfTransfterOfOwnershipShares" xlink:title="PeriodOfTransfterOfOwnershipShares" />
    <link:label xlink:type="resource" xlink:label="label_PeriodOfTransfterOfOwnershipShares" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_PeriodOfTransfterOfOwnershipShares" xml:lang="en-US" id="label_PeriodOfTransfterOfOwnershipShares">The transfter period term of ownership shares.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PeriodOfTransfterOfOwnershipShares" xlink:to="label_PeriodOfTransfterOfOwnershipShares" xlink:title="Label : PeriodOfTransfterOfOwnershipShares to label_PeriodOfTransfterOfOwnershipShares" />
    <link:label xlink:type="resource" xlink:label="label_PeriodOfTransfterOfOwnershipShares_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_PeriodOfTransfterOfOwnershipShares_1" xml:lang="en-US" id="label_PeriodOfTransfterOfOwnershipShares_1">Period of transfter of ownership shares</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PeriodOfTransfterOfOwnershipShares" xlink:to="label_PeriodOfTransfterOfOwnershipShares_1" xlink:title="Label : PeriodOfTransfterOfOwnershipShares to label_PeriodOfTransfterOfOwnershipShares_1" />
    <link:label xlink:type="resource" xlink:label="label_PeriodOfTransfterOfOwnershipShares_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PeriodOfTransfterOfOwnershipShares_2" xml:lang="en-US" id="label_PeriodOfTransfterOfOwnershipShares_2">Period of transfter of ownership shares</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PeriodOfTransfterOfOwnershipShares" xlink:to="label_PeriodOfTransfterOfOwnershipShares_2" xlink:title="Label : PeriodOfTransfterOfOwnershipShares to label_PeriodOfTransfterOfOwnershipShares_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_SharesReservedForIssueUnderOptionsAndContractsForSaleOfShares" xlink:label="SharesReservedForIssueUnderOptionsAndContractsForSaleOfShares" xlink:title="SharesReservedForIssueUnderOptionsAndContractsForSaleOfShares" />
    <link:label xlink:type="resource" xlink:label="label_SharesReservedForIssueUnderOptionsAndContractsForSaleOfShares" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_SharesReservedForIssueUnderOptionsAndContractsForSaleOfShares" xml:lang="en-US" id="label_SharesReservedForIssueUnderOptionsAndContractsForSaleOfShares">Common shares approved as incentive ownership plan</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SharesReservedForIssueUnderOptionsAndContractsForSaleOfShares" xlink:to="label_SharesReservedForIssueUnderOptionsAndContractsForSaleOfShares" xlink:title="Label : SharesReservedForIssueUnderOptionsAndContractsForSaleOfShares to label_SharesReservedForIssueUnderOptionsAndContractsForSaleOfShares" />
    <link:label xlink:type="resource" xlink:label="label_SharesReservedForIssueUnderOptionsAndContractsForSaleOfShares_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SharesReservedForIssueUnderOptionsAndContractsForSaleOfShares_1" xml:lang="en-US" id="label_SharesReservedForIssueUnderOptionsAndContractsForSaleOfShares_1">Number of shares reserved for issue under options and contracts for sale of shares</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SharesReservedForIssueUnderOptionsAndContractsForSaleOfShares" xlink:to="label_SharesReservedForIssueUnderOptionsAndContractsForSaleOfShares_1" xlink:title="Label : SharesReservedForIssueUnderOptionsAndContractsForSaleOfShares to label_SharesReservedForIssueUnderOptionsAndContractsForSaleOfShares_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ParticipationPercentageOfShareCapital" xlink:label="ParticipationPercentageOfShareCapital" xlink:title="ParticipationPercentageOfShareCapital" />
    <link:label xlink:type="resource" xlink:label="label_ParticipationPercentageOfShareCapital" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ParticipationPercentageOfShareCapital" xml:lang="en-US" id="label_ParticipationPercentageOfShareCapital">The participation percentage of reporting entity's share capital.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ParticipationPercentageOfShareCapital" xlink:to="label_ParticipationPercentageOfShareCapital" xlink:title="Label : ParticipationPercentageOfShareCapital to label_ParticipationPercentageOfShareCapital" />
    <link:label xlink:type="resource" xlink:label="label_ParticipationPercentageOfShareCapital_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ParticipationPercentageOfShareCapital_1" xml:lang="en-US" id="label_ParticipationPercentageOfShareCapital_1">Percentage of Common shares may deliver to participants to company's share capital</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ParticipationPercentageOfShareCapital" xlink:to="label_ParticipationPercentageOfShareCapital_1" xlink:title="Label : ParticipationPercentageOfShareCapital to label_ParticipationPercentageOfShareCapital_1" />
    <link:label xlink:type="resource" xlink:label="label_ParticipationPercentageOfShareCapital_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ParticipationPercentageOfShareCapital_2" xml:lang="en-US" id="label_ParticipationPercentageOfShareCapital_2">Participation Percentage Of Share Capital</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ParticipationPercentageOfShareCapital" xlink:to="label_ParticipationPercentageOfShareCapital_2" xlink:title="Label : ParticipationPercentageOfShareCapital to label_ParticipationPercentageOfShareCapital_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_TypesOfSharebasedPaymentArrangementsAxis" xlink:label="TypesOfSharebasedPaymentArrangementsAxis" xlink:title="TypesOfSharebasedPaymentArrangementsAxis" />
    <link:label xlink:type="resource" xlink:label="label_TypesOfSharebasedPaymentArrangementsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TypesOfSharebasedPaymentArrangementsAxis" xml:lang="en-US" id="label_TypesOfSharebasedPaymentArrangementsAxis">Types of share-based payment arrangements [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TypesOfSharebasedPaymentArrangementsAxis" xlink:to="label_TypesOfSharebasedPaymentArrangementsAxis" xlink:title="Label : TypesOfSharebasedPaymentArrangementsAxis to label_TypesOfSharebasedPaymentArrangementsAxis" />
    <link:label xlink:type="resource" xlink:label="label_TypesOfSharebasedPaymentArrangementsAxis_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TypesOfSharebasedPaymentArrangementsAxis_1" xml:lang="en-US" id="label_TypesOfSharebasedPaymentArrangementsAxis_1">Types of share-based payment arrangements [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TypesOfSharebasedPaymentArrangementsAxis" xlink:to="label_TypesOfSharebasedPaymentArrangementsAxis_1" xlink:title="Label : TypesOfSharebasedPaymentArrangementsAxis to label_TypesOfSharebasedPaymentArrangementsAxis_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_SharebasedPaymentArrangementsMember" xlink:label="SharebasedPaymentArrangementsMember" xlink:title="SharebasedPaymentArrangementsMember" />
    <link:label xlink:type="resource" xlink:label="label_SharebasedPaymentArrangementsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SharebasedPaymentArrangementsMember" xml:lang="en-US" id="label_SharebasedPaymentArrangementsMember">Share-based payment arrangements [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SharebasedPaymentArrangementsMember" xlink:to="label_SharebasedPaymentArrangementsMember" xlink:title="Label : SharebasedPaymentArrangementsMember to label_SharebasedPaymentArrangementsMember" />
    <link:label xlink:type="resource" xlink:label="label_SharebasedPaymentArrangementsMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_SharebasedPaymentArrangementsMember_1" xml:lang="en-US" id="label_SharebasedPaymentArrangementsMember_1">Share-based payment arrangements [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SharebasedPaymentArrangementsMember" xlink:to="label_SharebasedPaymentArrangementsMember_1" xlink:title="Label : SharebasedPaymentArrangementsMember to label_SharebasedPaymentArrangementsMember_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_GrantDateMarch42016Member" xlink:label="GrantDateMarch42016Member" xlink:title="GrantDateMarch42016Member" />
    <link:label xlink:type="resource" xlink:label="label_GrantDateMarch42016Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_GrantDateMarch42016Member" xml:lang="en-US" id="label_GrantDateMarch42016Member">This member stands for the information pertaining to Grant date March 4, 2016.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrantDateMarch42016Member" xlink:to="label_GrantDateMarch42016Member" xlink:title="Label : GrantDateMarch42016Member to label_GrantDateMarch42016Member" />
    <link:label xlink:type="resource" xlink:label="label_GrantDateMarch42016Member_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_GrantDateMarch42016Member_1" xml:lang="en-US" id="label_GrantDateMarch42016Member_1">Grant Date March 4 2016 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrantDateMarch42016Member" xlink:to="label_GrantDateMarch42016Member_1" xlink:title="Label : GrantDateMarch42016Member to label_GrantDateMarch42016Member_1" />
    <link:label xlink:type="resource" xlink:label="label_GrantDateMarch42016Member_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GrantDateMarch42016Member_2" xml:lang="en-US" id="label_GrantDateMarch42016Member_2">Grant Date March 4 2016 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrantDateMarch42016Member" xlink:to="label_GrantDateMarch42016Member_2" xlink:title="Label : GrantDateMarch42016Member to label_GrantDateMarch42016Member_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_GrantDateDecember102014Member" xlink:label="GrantDateDecember102014Member" xlink:title="GrantDateDecember102014Member" />
    <link:label xlink:type="resource" xlink:label="label_GrantDateDecember102014Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_GrantDateDecember102014Member" xml:lang="en-US" id="label_GrantDateDecember102014Member">This member stands for the information pertaining to Grant date December 10, 2014.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrantDateDecember102014Member" xlink:to="label_GrantDateDecember102014Member" xlink:title="Label : GrantDateDecember102014Member to label_GrantDateDecember102014Member" />
    <link:label xlink:type="resource" xlink:label="label_GrantDateDecember102014Member_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_GrantDateDecember102014Member_1" xml:lang="en-US" id="label_GrantDateDecember102014Member_1">Grant Date December 10 2014 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrantDateDecember102014Member" xlink:to="label_GrantDateDecember102014Member_1" xlink:title="Label : GrantDateDecember102014Member to label_GrantDateDecember102014Member_1" />
    <link:label xlink:type="resource" xlink:label="label_GrantDateDecember102014Member_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GrantDateDecember102014Member_2" xml:lang="en-US" id="label_GrantDateDecember102014Member_2">Grant Date December 10 2014 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrantDateDecember102014Member" xlink:to="label_GrantDateDecember102014Member_2" xlink:title="Label : GrantDateDecember102014Member to label_GrantDateDecember102014Member_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_GrantDateMarch52014Member" xlink:label="GrantDateMarch52014Member" xlink:title="GrantDateMarch52014Member" />
    <link:label xlink:type="resource" xlink:label="label_GrantDateMarch52014Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_GrantDateMarch52014Member" xml:lang="en-US" id="label_GrantDateMarch52014Member">This member stands for the information pertaining to Grant date March 5, 2014.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrantDateMarch52014Member" xlink:to="label_GrantDateMarch52014Member" xlink:title="Label : GrantDateMarch52014Member to label_GrantDateMarch52014Member" />
    <link:label xlink:type="resource" xlink:label="label_GrantDateMarch52014Member_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_GrantDateMarch52014Member_1" xml:lang="en-US" id="label_GrantDateMarch52014Member_1">Grant Date March 5 2014 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrantDateMarch52014Member" xlink:to="label_GrantDateMarch52014Member_1" xlink:title="Label : GrantDateMarch52014Member to label_GrantDateMarch52014Member_1" />
    <link:label xlink:type="resource" xlink:label="label_GrantDateMarch52014Member_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GrantDateMarch52014Member_2" xml:lang="en-US" id="label_GrantDateMarch52014Member_2">Grant Date March 5 2014 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrantDateMarch52014Member" xlink:to="label_GrantDateMarch52014Member_2" xlink:title="Label : GrantDateMarch52014Member to label_GrantDateMarch52014Member_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DateOfGrantOfSharebasedPaymentArrangement" xlink:label="DateOfGrantOfSharebasedPaymentArrangement" xlink:title="DateOfGrantOfSharebasedPaymentArrangement" />
    <link:label xlink:type="resource" xlink:label="label_DateOfGrantOfSharebasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DateOfGrantOfSharebasedPaymentArrangement" xml:lang="en-US" id="label_DateOfGrantOfSharebasedPaymentArrangement">Date of grant of share-based payment arrangement</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DateOfGrantOfSharebasedPaymentArrangement" xlink:to="label_DateOfGrantOfSharebasedPaymentArrangement" xlink:title="Label : DateOfGrantOfSharebasedPaymentArrangement to label_DateOfGrantOfSharebasedPaymentArrangement" />
    <link:label xlink:type="resource" xlink:label="label_DateOfGrantOfSharebasedPaymentArrangement_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DateOfGrantOfSharebasedPaymentArrangement_1" xml:lang="en-US" id="label_DateOfGrantOfSharebasedPaymentArrangement_1">Grant date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DateOfGrantOfSharebasedPaymentArrangement" xlink:to="label_DateOfGrantOfSharebasedPaymentArrangement_1" xlink:title="Label : DateOfGrantOfSharebasedPaymentArrangement to label_DateOfGrantOfSharebasedPaymentArrangement_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted" xlink:label="NumberOfInstrumentsOtherEquityInstrumentsGranted" xlink:title="NumberOfInstrumentsOtherEquityInstrumentsGranted" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfInstrumentsOtherEquityInstrumentsGranted" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_NumberOfInstrumentsOtherEquityInstrumentsGranted" xml:lang="en-US" id="label_NumberOfInstrumentsOtherEquityInstrumentsGranted">Shares granted</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfInstrumentsOtherEquityInstrumentsGranted" xlink:to="label_NumberOfInstrumentsOtherEquityInstrumentsGranted" xlink:title="Label : NumberOfInstrumentsOtherEquityInstrumentsGranted to label_NumberOfInstrumentsOtherEquityInstrumentsGranted" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfInstrumentsOtherEquityInstrumentsGranted_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NumberOfInstrumentsOtherEquityInstrumentsGranted_1" xml:lang="en-US" id="label_NumberOfInstrumentsOtherEquityInstrumentsGranted_1">Balance of number of shares granted</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfInstrumentsOtherEquityInstrumentsGranted" xlink:to="label_NumberOfInstrumentsOtherEquityInstrumentsGranted_1" xlink:title="Label : NumberOfInstrumentsOtherEquityInstrumentsGranted to label_NumberOfInstrumentsOtherEquityInstrumentsGranted_1" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfInstrumentsOtherEquityInstrumentsGranted_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NumberOfInstrumentsOtherEquityInstrumentsGranted_2" xml:lang="en-US" id="label_NumberOfInstrumentsOtherEquityInstrumentsGranted_2">Number of other equity instruments granted in share-based payment arrangement</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfInstrumentsOtherEquityInstrumentsGranted" xlink:to="label_NumberOfInstrumentsOtherEquityInstrumentsGranted_2" xlink:title="Label : NumberOfInstrumentsOtherEquityInstrumentsGranted to label_NumberOfInstrumentsOtherEquityInstrumentsGranted_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DescriptionOfVestingRequirementsForSharebasedPaymentArrangement" xlink:label="DescriptionOfVestingRequirementsForSharebasedPaymentArrangement" xlink:title="DescriptionOfVestingRequirementsForSharebasedPaymentArrangement" />
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfVestingRequirementsForSharebasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DescriptionOfVestingRequirementsForSharebasedPaymentArrangement" xml:lang="en-US" id="label_DescriptionOfVestingRequirementsForSharebasedPaymentArrangement">Description of vesting requirements for share-based payment arrangement</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfVestingRequirementsForSharebasedPaymentArrangement" xlink:to="label_DescriptionOfVestingRequirementsForSharebasedPaymentArrangement" xlink:title="Label : DescriptionOfVestingRequirementsForSharebasedPaymentArrangement to label_DescriptionOfVestingRequirementsForSharebasedPaymentArrangement" />
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfVestingRequirementsForSharebasedPaymentArrangement_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DescriptionOfVestingRequirementsForSharebasedPaymentArrangement_1" xml:lang="en-US" id="label_DescriptionOfVestingRequirementsForSharebasedPaymentArrangement_1">Vesting period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfVestingRequirementsForSharebasedPaymentArrangement" xlink:to="label_DescriptionOfVestingRequirementsForSharebasedPaymentArrangement_1" xlink:title="Label : DescriptionOfVestingRequirementsForSharebasedPaymentArrangement to label_DescriptionOfVestingRequirementsForSharebasedPaymentArrangement_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019" xlink:label="WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019" xlink:title="WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019" />
    <link:label xlink:type="resource" xlink:label="label_WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019" xml:lang="en-US" id="label_WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019">Market price of shares on the grant date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019" xlink:to="label_WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019" xlink:title="Label : WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019 to label_WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019" />
    <link:label xlink:type="resource" xlink:label="label_WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019_1" xml:lang="en-US" id="label_WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019_1">Weighted average exercise price of other equity instruments granted in share-based payment arrangement</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019" xlink:to="label_WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019_1" xlink:title="Label : WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019 to label_WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" xlink:label="ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" xlink:title="ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" />
    <link:label xlink:type="resource" xlink:label="label_ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" xml:lang="en-US" id="label_ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets">Expense from share-based payment transactions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" xlink:to="label_ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" xlink:title="Label : ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets to label_ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" />
    <link:label xlink:type="resource" xlink:label="label_ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets_1" xml:lang="en-US" id="label_ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets_1">Total grant costs, including taxes</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" xlink:to="label_ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets_1" xlink:title="Label : ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets to label_ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AccumulatedRecognizedGrantCosts" xlink:label="AccumulatedRecognizedGrantCosts" xlink:title="AccumulatedRecognizedGrantCosts" />
    <link:label xlink:type="resource" xlink:label="label_AccumulatedRecognizedGrantCosts" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AccumulatedRecognizedGrantCosts" xml:lang="en-US" id="label_AccumulatedRecognizedGrantCosts">Accumulated Recognized Grant Costs</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccumulatedRecognizedGrantCosts" xlink:to="label_AccumulatedRecognizedGrantCosts" xlink:title="Label : AccumulatedRecognizedGrantCosts to label_AccumulatedRecognizedGrantCosts" />
    <link:label xlink:type="resource" xlink:label="label_AccumulatedRecognizedGrantCosts_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AccumulatedRecognizedGrantCosts_1" xml:lang="en-US" id="label_AccumulatedRecognizedGrantCosts_1">Accumulated recognized grant costs</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccumulatedRecognizedGrantCosts" xlink:to="label_AccumulatedRecognizedGrantCosts_1" xlink:title="Label : AccumulatedRecognizedGrantCosts to label_AccumulatedRecognizedGrantCosts_1" />
    <link:label xlink:type="resource" xlink:label="label_AccumulatedRecognizedGrantCosts_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AccumulatedRecognizedGrantCosts_2" xml:lang="en-US" id="label_AccumulatedRecognizedGrantCosts_2">The amount of accumulated recognized grant costs arising from share-based payment transactions.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccumulatedRecognizedGrantCosts" xlink:to="label_AccumulatedRecognizedGrantCosts_2" xlink:title="Label : AccumulatedRecognizedGrantCosts to label_AccumulatedRecognizedGrantCosts_2" />
    <link:label xlink:type="resource" xlink:label="label_AccumulatedRecognizedGrantCosts_3" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_AccumulatedRecognizedGrantCosts_3" xml:lang="en-US" id="label_AccumulatedRecognizedGrantCosts_3">Accumulated recognized grant costs</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccumulatedRecognizedGrantCosts" xlink:to="label_AccumulatedRecognizedGrantCosts_3" xlink:title="Label : AccumulatedRecognizedGrantCosts to label_AccumulatedRecognizedGrantCosts_3" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AccumulatedUnrecognizedGrantCosts" xlink:label="AccumulatedUnrecognizedGrantCosts" xlink:title="AccumulatedUnrecognizedGrantCosts" />
    <link:label xlink:type="resource" xlink:label="label_AccumulatedUnrecognizedGrantCosts" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AccumulatedUnrecognizedGrantCosts" xml:lang="en-US" id="label_AccumulatedUnrecognizedGrantCosts">Accumulated Unrecognized Grant Costs</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccumulatedUnrecognizedGrantCosts" xlink:to="label_AccumulatedUnrecognizedGrantCosts" xlink:title="Label : AccumulatedUnrecognizedGrantCosts to label_AccumulatedUnrecognizedGrantCosts" />
    <link:label xlink:type="resource" xlink:label="label_AccumulatedUnrecognizedGrantCosts_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AccumulatedUnrecognizedGrantCosts_1" xml:lang="en-US" id="label_AccumulatedUnrecognizedGrantCosts_1">Accumulated unrecognized grant costs</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccumulatedUnrecognizedGrantCosts" xlink:to="label_AccumulatedUnrecognizedGrantCosts_1" xlink:title="Label : AccumulatedUnrecognizedGrantCosts to label_AccumulatedUnrecognizedGrantCosts_1" />
    <link:label xlink:type="resource" xlink:label="label_AccumulatedUnrecognizedGrantCosts_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AccumulatedUnrecognizedGrantCosts_2" xml:lang="en-US" id="label_AccumulatedUnrecognizedGrantCosts_2">The amount of accumulated unrecognized grant costs arising from share-based payment transactions.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccumulatedUnrecognizedGrantCosts" xlink:to="label_AccumulatedUnrecognizedGrantCosts_2" xlink:title="Label : AccumulatedUnrecognizedGrantCosts to label_AccumulatedUnrecognizedGrantCosts_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_SharebasedPaymentGrantsCostsIncludingTaxes" xlink:label="SharebasedPaymentGrantsCostsIncludingTaxes" xlink:title="SharebasedPaymentGrantsCostsIncludingTaxes" />
    <link:label xlink:type="resource" xlink:label="label_SharebasedPaymentGrantsCostsIncludingTaxes" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SharebasedPaymentGrantsCostsIncludingTaxes" xml:lang="en-US" id="label_SharebasedPaymentGrantsCostsIncludingTaxes">Sharebased payment grants costs including taxes</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SharebasedPaymentGrantsCostsIncludingTaxes" xlink:to="label_SharebasedPaymentGrantsCostsIncludingTaxes" xlink:title="Label : SharebasedPaymentGrantsCostsIncludingTaxes to label_SharebasedPaymentGrantsCostsIncludingTaxes" />
    <link:label xlink:type="resource" xlink:label="label_SharebasedPaymentGrantsCostsIncludingTaxes_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_SharebasedPaymentGrantsCostsIncludingTaxes_1" xml:lang="en-US" id="label_SharebasedPaymentGrantsCostsIncludingTaxes_1">Total grant costs, including taxes</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SharebasedPaymentGrantsCostsIncludingTaxes" xlink:to="label_SharebasedPaymentGrantsCostsIncludingTaxes_1" xlink:title="Label : SharebasedPaymentGrantsCostsIncludingTaxes to label_SharebasedPaymentGrantsCostsIncludingTaxes_1" />
    <link:label xlink:type="resource" xlink:label="label_SharebasedPaymentGrantsCostsIncludingTaxes_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_SharebasedPaymentGrantsCostsIncludingTaxes_2" xml:lang="en-US" id="label_SharebasedPaymentGrantsCostsIncludingTaxes_2">Share-based payment arrangement total grants costs, including taxes.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SharebasedPaymentGrantsCostsIncludingTaxes" xlink:to="label_SharebasedPaymentGrantsCostsIncludingTaxes_2" xlink:title="Label : SharebasedPaymentGrantsCostsIncludingTaxes to label_SharebasedPaymentGrantsCostsIncludingTaxes_2" />
    <link:label xlink:type="resource" xlink:label="label_SharebasedPaymentGrantsCostsIncludingTaxes_3" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_SharebasedPaymentGrantsCostsIncludingTaxes_3" xml:lang="en-US" id="label_SharebasedPaymentGrantsCostsIncludingTaxes_3">Total grant costs, including taxes</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SharebasedPaymentGrantsCostsIncludingTaxes" xlink:to="label_SharebasedPaymentGrantsCostsIncludingTaxes_3" xlink:title="Label : SharebasedPaymentGrantsCostsIncludingTaxes to label_SharebasedPaymentGrantsCostsIncludingTaxes_3" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable" xlink:label="DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable" xlink:title="DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable" xml:lang="en-US" id="label_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable">Disclosure of terms and conditions of share-based payment arrangement [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable" xlink:to="label_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable" xlink:title="Label : DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable to label_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems" xlink:label="DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems" xlink:title="DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems" xml:lang="en-US" id="label_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems">Disclosure of terms and conditions of share-based payment arrangement [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems" xlink:to="label_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems" xlink:title="Label : DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems to label_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement" xlink:label="NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement" xlink:title="NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:title="label_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement" xml:lang="en-US" id="label_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement">Share granted, beginning</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement" xlink:to="label_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement" xlink:title="Label : NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement to label_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement_1" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:title="label_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement_1" xml:lang="en-US" id="label_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement_1">Share granted, ending</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement" xlink:to="label_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement_1" xlink:title="Label : NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement to label_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement_1" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement_2" xml:lang="en-US" id="label_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement_2">Number of other equity instruments outstanding in share-based payment arrangement</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement" xlink:to="label_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement_2" xlink:title="Label : NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement to label_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NumberOfOtherEquityInstrumentsExpiredInSharebasedPaymentArrangement" xlink:label="NumberOfOtherEquityInstrumentsExpiredInSharebasedPaymentArrangement" xlink:title="NumberOfOtherEquityInstrumentsExpiredInSharebasedPaymentArrangement" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfOtherEquityInstrumentsExpiredInSharebasedPaymentArrangement" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_NumberOfOtherEquityInstrumentsExpiredInSharebasedPaymentArrangement" xml:lang="en-US" id="label_NumberOfOtherEquityInstrumentsExpiredInSharebasedPaymentArrangement">Cancellation of granted shares due to termination of executive employment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfOtherEquityInstrumentsExpiredInSharebasedPaymentArrangement" xlink:to="label_NumberOfOtherEquityInstrumentsExpiredInSharebasedPaymentArrangement" xlink:title="Label : NumberOfOtherEquityInstrumentsExpiredInSharebasedPaymentArrangement to label_NumberOfOtherEquityInstrumentsExpiredInSharebasedPaymentArrangement" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfOtherEquityInstrumentsExpiredInSharebasedPaymentArrangement_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NumberOfOtherEquityInstrumentsExpiredInSharebasedPaymentArrangement_1" xml:lang="en-US" id="label_NumberOfOtherEquityInstrumentsExpiredInSharebasedPaymentArrangement_1">Number of other equity instruments expired in share-based payment arrangement</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfOtherEquityInstrumentsExpiredInSharebasedPaymentArrangement" xlink:to="label_NumberOfOtherEquityInstrumentsExpiredInSharebasedPaymentArrangement_1" xlink:title="Label : NumberOfOtherEquityInstrumentsExpiredInSharebasedPaymentArrangement to label_NumberOfOtherEquityInstrumentsExpiredInSharebasedPaymentArrangement_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement" xlink:label="NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement" xlink:title="NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement" xml:lang="en-US" id="label_NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement">Number of other equity instruments exercised or vested in share-based payment arrangement</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement" xlink:to="label_NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement" xlink:title="Label : NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement to label_NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement_1" xml:lang="en-US" id="label_NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement_1">Shares vested and transferred</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement" xlink:to="label_NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement_1" xlink:title="Label : NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement to label_NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_RestrictedAndPerformanceStockMember" xlink:label="RestrictedAndPerformanceStockMember" xlink:title="RestrictedAndPerformanceStockMember" />
    <link:label xlink:type="resource" xlink:label="label_RestrictedAndPerformanceStockMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_RestrictedAndPerformanceStockMember" xml:lang="en-US" id="label_RestrictedAndPerformanceStockMember">This member stands for the information pertaining to restricted and performance stock program.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RestrictedAndPerformanceStockMember" xlink:to="label_RestrictedAndPerformanceStockMember" xlink:title="Label : RestrictedAndPerformanceStockMember to label_RestrictedAndPerformanceStockMember" />
    <link:label xlink:type="resource" xlink:label="label_RestrictedAndPerformanceStockMember_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RestrictedAndPerformanceStockMember_1" xml:lang="en-US" id="label_RestrictedAndPerformanceStockMember_1">Restricted and Performance Stock [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RestrictedAndPerformanceStockMember" xlink:to="label_RestrictedAndPerformanceStockMember_1" xlink:title="Label : RestrictedAndPerformanceStockMember to label_RestrictedAndPerformanceStockMember_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_GrantDateOctober12017Member" xlink:label="GrantDateOctober12017Member" xlink:title="GrantDateOctober12017Member" />
    <link:label xlink:type="resource" xlink:label="label_GrantDateOctober12017Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_GrantDateOctober12017Member" xml:lang="en-US" id="label_GrantDateOctober12017Member">This member stands for the information pertaining to Grant date October 1, 2017.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrantDateOctober12017Member" xlink:to="label_GrantDateOctober12017Member" xlink:title="Label : GrantDateOctober12017Member to label_GrantDateOctober12017Member" />
    <link:label xlink:type="resource" xlink:label="label_GrantDateOctober12017Member_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GrantDateOctober12017Member_1" xml:lang="en-US" id="label_GrantDateOctober12017Member_1">Grant Date October 1 2017 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrantDateOctober12017Member" xlink:to="label_GrantDateOctober12017Member_1" xlink:title="Label : GrantDateOctober12017Member to label_GrantDateOctober12017Member_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_GrantDateNovember82017Member" xlink:label="GrantDateNovember82017Member" xlink:title="GrantDateNovember82017Member" />
    <link:label xlink:type="resource" xlink:label="label_GrantDateNovember82017Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_GrantDateNovember82017Member" xml:lang="en-US" id="label_GrantDateNovember82017Member">Grant Date, November 8, 2017 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrantDateNovember82017Member" xlink:to="label_GrantDateNovember82017Member" xlink:title="Label : GrantDateNovember82017Member to label_GrantDateNovember82017Member" />
    <link:label xlink:type="resource" xlink:label="label_GrantDateNovember82017Member_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_GrantDateNovember82017Member_1" xml:lang="en-US" id="label_GrantDateNovember82017Member_1">This member stands for the information pertaining to Grant date November 8, 2017.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrantDateNovember82017Member" xlink:to="label_GrantDateNovember82017Member_1" xlink:title="Label : GrantDateNovember82017Member to label_GrantDateNovember82017Member_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_GrantDateApril42018Member" xlink:label="GrantDateApril42018Member" xlink:title="GrantDateApril42018Member" />
    <link:label xlink:type="resource" xlink:label="label_GrantDateApril42018Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_GrantDateApril42018Member" xml:lang="en-US" id="label_GrantDateApril42018Member">Grant Date, April 4, 2018 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrantDateApril42018Member" xlink:to="label_GrantDateApril42018Member" xlink:title="Label : GrantDateApril42018Member to label_GrantDateApril42018Member" />
    <link:label xlink:type="resource" xlink:label="label_GrantDateApril42018Member_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GrantDateApril42018Member_1" xml:lang="en-US" id="label_GrantDateApril42018Member_1">Grant Date April 4 2018 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrantDateApril42018Member" xlink:to="label_GrantDateApril42018Member_1" xlink:title="Label : GrantDateApril42018Member to label_GrantDateApril42018Member_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_GrantDateSeptember192018Member" xlink:label="GrantDateSeptember192018Member" xlink:title="GrantDateSeptember192018Member" />
    <link:label xlink:type="resource" xlink:label="label_GrantDateSeptember192018Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_GrantDateSeptember192018Member" xml:lang="en-US" id="label_GrantDateSeptember192018Member">Grant Date, September 19, 2018 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrantDateSeptember192018Member" xlink:to="label_GrantDateSeptember192018Member" xlink:title="Label : GrantDateSeptember192018Member to label_GrantDateSeptember192018Member" />
    <link:label xlink:type="resource" xlink:label="label_GrantDateSeptember192018Member_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GrantDateSeptember192018Member_1" xml:lang="en-US" id="label_GrantDateSeptember192018Member_1">Grant Date September 19 2018 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrantDateSeptember192018Member" xlink:to="label_GrantDateSeptember192018Member_1" xlink:title="Label : GrantDateSeptember192018Member to label_GrantDateSeptember192018Member_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_GrantDateSeptember242018Member" xlink:label="GrantDateSeptember242018Member" xlink:title="GrantDateSeptember242018Member" />
    <link:label xlink:type="resource" xlink:label="label_GrantDateSeptember242018Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_GrantDateSeptember242018Member" xml:lang="en-US" id="label_GrantDateSeptember242018Member">Grant Date, September 24, 2018 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrantDateSeptember242018Member" xlink:to="label_GrantDateSeptember242018Member" xlink:title="Label : GrantDateSeptember242018Member to label_GrantDateSeptember242018Member" />
    <link:label xlink:type="resource" xlink:label="label_GrantDateSeptember242018Member_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GrantDateSeptember242018Member_1" xml:lang="en-US" id="label_GrantDateSeptember242018Member_1">Grant Date September 24 2018 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrantDateSeptember242018Member" xlink:to="label_GrantDateSeptember242018Member_1" xlink:title="Label : GrantDateSeptember242018Member to label_GrantDateSeptember242018Member_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_GrantDateApril32019Member" xlink:label="GrantDateApril32019Member" xlink:title="GrantDateApril32019Member" />
    <link:label xlink:type="resource" xlink:label="label_GrantDateApril32019Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_GrantDateApril32019Member" xml:lang="en-US" id="label_GrantDateApril32019Member">Grant Date, April 3, 2019 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrantDateApril32019Member" xlink:to="label_GrantDateApril32019Member" xlink:title="Label : GrantDateApril32019Member to label_GrantDateApril32019Member" />
    <link:label xlink:type="resource" xlink:label="label_GrantDateApril32019Member_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GrantDateApril32019Member_1" xml:lang="en-US" id="label_GrantDateApril32019Member_1">Grant Date April 3 2019 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrantDateApril32019Member" xlink:to="label_GrantDateApril32019Member_1" xlink:title="Label : GrantDateApril32019Member to label_GrantDateApril32019Member_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_GrantDateSeptember22019Member" xlink:label="GrantDateSeptember22019Member" xlink:title="GrantDateSeptember22019Member" />
    <link:label xlink:type="resource" xlink:label="label_GrantDateSeptember22019Member" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_GrantDateSeptember22019Member" xml:lang="en-US" id="label_GrantDateSeptember22019Member">Grant Date, September 2, 2019 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrantDateSeptember22019Member" xlink:to="label_GrantDateSeptember22019Member" xlink:title="Label : GrantDateSeptember22019Member to label_GrantDateSeptember22019Member" />
    <link:label xlink:type="resource" xlink:label="label_GrantDateSeptember22019Member_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GrantDateSeptember22019Member_1" xml:lang="en-US" id="label_GrantDateSeptember22019Member_1">Grant Date September 2 2019 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrantDateSeptember22019Member" xlink:to="label_GrantDateSeptember22019Member_1" xlink:title="Label : GrantDateSeptember22019Member to label_GrantDateSeptember22019Member_1" />
    <link:label xlink:type="resource" xlink:label="label_GrantDateSeptember22019Member_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_GrantDateSeptember22019Member_2" xml:lang="en-US" id="label_GrantDateSeptember22019Member_2">September 2, 2019 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrantDateSeptember22019Member" xlink:to="label_GrantDateSeptember22019Member_2" xlink:title="Label : GrantDateSeptember22019Member to label_GrantDateSeptember22019Member_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_GrantDateApril12020Member" xlink:label="GrantDateApril12020Member" xlink:title="GrantDateApril12020Member" />
    <link:label xlink:type="resource" xlink:label="label_GrantDateApril12020Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_GrantDateApril12020Member" xml:lang="en-US" id="label_GrantDateApril12020Member">Grant Date, April 1, 2020 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrantDateApril12020Member" xlink:to="label_GrantDateApril12020Member" xlink:title="Label : GrantDateApril12020Member to label_GrantDateApril12020Member" />
    <link:label xlink:type="resource" xlink:label="label_GrantDateApril12020Member_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GrantDateApril12020Member_1" xml:lang="en-US" id="label_GrantDateApril12020Member_1">Grant Date April 1 2020 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrantDateApril12020Member" xlink:to="label_GrantDateApril12020Member_1" xlink:title="Label : GrantDateApril12020Member to label_GrantDateApril12020Member_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_GrantDateSeptember162020Member" xlink:label="GrantDateSeptember162020Member" xlink:title="GrantDateSeptember162020Member" />
    <link:label xlink:type="resource" xlink:label="label_GrantDateSeptember162020Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_GrantDateSeptember162020Member" xml:lang="en-US" id="label_GrantDateSeptember162020Member">September 16, 2020 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrantDateSeptember162020Member" xlink:to="label_GrantDateSeptember162020Member" xlink:title="Label : GrantDateSeptember162020Member to label_GrantDateSeptember162020Member" />
    <link:label xlink:type="resource" xlink:label="label_GrantDateSeptember162020Member_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_GrantDateSeptember162020Member_1" xml:lang="en-US" id="label_GrantDateSeptember162020Member_1">This member stands for the information pertaining to Grant date September 16, 2020.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrantDateSeptember162020Member" xlink:to="label_GrantDateSeptember162020Member_1" xlink:title="Label : GrantDateSeptember162020Member to label_GrantDateSeptember162020Member_1" />
    <link:label xlink:type="resource" xlink:label="label_GrantDateSeptember162020Member_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GrantDateSeptember162020Member_2" xml:lang="en-US" id="label_GrantDateSeptember162020Member_2">Grant Date September 16, 2020 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrantDateSeptember162020Member" xlink:to="label_GrantDateSeptember162020Member_2" xlink:title="Label : GrantDateSeptember162020Member to label_GrantDateSeptember162020Member_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_GrantCostsIncludingTaxes" xlink:label="GrantCostsIncludingTaxes" xlink:title="GrantCostsIncludingTaxes" />
    <link:label xlink:type="resource" xlink:label="label_GrantCostsIncludingTaxes" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_GrantCostsIncludingTaxes" xml:lang="en-US" id="label_GrantCostsIncludingTaxes">Total grant costs, including taxes</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrantCostsIncludingTaxes" xlink:to="label_GrantCostsIncludingTaxes" xlink:title="Label : GrantCostsIncludingTaxes to label_GrantCostsIncludingTaxes" />
    <link:label xlink:type="resource" xlink:label="label_GrantCostsIncludingTaxes_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GrantCostsIncludingTaxes_1" xml:lang="en-US" id="label_GrantCostsIncludingTaxes_1">Grant costs including taxes</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrantCostsIncludingTaxes" xlink:to="label_GrantCostsIncludingTaxes_1" xlink:title="Label : GrantCostsIncludingTaxes to label_GrantCostsIncludingTaxes_1" />
    <link:label xlink:type="resource" xlink:label="label_GrantCostsIncludingTaxes_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_GrantCostsIncludingTaxes_2" xml:lang="en-US" id="label_GrantCostsIncludingTaxes_2">An entity shall disclose information that enables users of the financial statements to understand the nature and extent of share based payment arrangements that existed during the period.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrantCostsIncludingTaxes" xlink:to="label_GrantCostsIncludingTaxes_2" xlink:title="Label : GrantCostsIncludingTaxes to label_GrantCostsIncludingTaxes_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AccumulatedRecognizedGrantCostsRelatedParties" xlink:label="AccumulatedRecognizedGrantCostsRelatedParties" xlink:title="AccumulatedRecognizedGrantCostsRelatedParties" />
    <link:label xlink:type="resource" xlink:label="label_AccumulatedRecognizedGrantCostsRelatedParties" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_AccumulatedRecognizedGrantCostsRelatedParties" xml:lang="en-US" id="label_AccumulatedRecognizedGrantCostsRelatedParties">Accumulated recognized grant costs</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccumulatedRecognizedGrantCostsRelatedParties" xlink:to="label_AccumulatedRecognizedGrantCostsRelatedParties" xlink:title="Label : AccumulatedRecognizedGrantCostsRelatedParties to label_AccumulatedRecognizedGrantCostsRelatedParties" />
    <link:label xlink:type="resource" xlink:label="label_AccumulatedRecognizedGrantCostsRelatedParties_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AccumulatedRecognizedGrantCostsRelatedParties_1" xml:lang="en-US" id="label_AccumulatedRecognizedGrantCostsRelatedParties_1">Accumulated recognized grant costs related parties</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccumulatedRecognizedGrantCostsRelatedParties" xlink:to="label_AccumulatedRecognizedGrantCostsRelatedParties_1" xlink:title="Label : AccumulatedRecognizedGrantCostsRelatedParties to label_AccumulatedRecognizedGrantCostsRelatedParties_1" />
    <link:label xlink:type="resource" xlink:label="label_AccumulatedRecognizedGrantCostsRelatedParties_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AccumulatedRecognizedGrantCostsRelatedParties_2" xml:lang="en-US" id="label_AccumulatedRecognizedGrantCostsRelatedParties_2">An entity shall disclose information that enables users of the financial statements to understand the nature and extent of share based payment arrangements that existed during the period.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccumulatedRecognizedGrantCostsRelatedParties" xlink:to="label_AccumulatedRecognizedGrantCostsRelatedParties_2" xlink:title="Label : AccumulatedRecognizedGrantCostsRelatedParties to label_AccumulatedRecognizedGrantCostsRelatedParties_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AccumulatedUnrecognizedGrantCostsRelatedParties" xlink:label="AccumulatedUnrecognizedGrantCostsRelatedParties" xlink:title="AccumulatedUnrecognizedGrantCostsRelatedParties" />
    <link:label xlink:type="resource" xlink:label="label_AccumulatedUnrecognizedGrantCostsRelatedParties" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AccumulatedUnrecognizedGrantCostsRelatedParties" xml:lang="en-US" id="label_AccumulatedUnrecognizedGrantCostsRelatedParties">Accumulated unrecognized grant costs</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccumulatedUnrecognizedGrantCostsRelatedParties" xlink:to="label_AccumulatedUnrecognizedGrantCostsRelatedParties" xlink:title="Label : AccumulatedUnrecognizedGrantCostsRelatedParties to label_AccumulatedUnrecognizedGrantCostsRelatedParties" />
    <link:label xlink:type="resource" xlink:label="label_AccumulatedUnrecognizedGrantCostsRelatedParties_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AccumulatedUnrecognizedGrantCostsRelatedParties_1" xml:lang="en-US" id="label_AccumulatedUnrecognizedGrantCostsRelatedParties_1">Accumulated unrecognized grant costs related parties</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccumulatedUnrecognizedGrantCostsRelatedParties" xlink:to="label_AccumulatedUnrecognizedGrantCostsRelatedParties_1" xlink:title="Label : AccumulatedUnrecognizedGrantCostsRelatedParties to label_AccumulatedUnrecognizedGrantCostsRelatedParties_1" />
    <link:label xlink:type="resource" xlink:label="label_AccumulatedUnrecognizedGrantCostsRelatedParties_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AccumulatedUnrecognizedGrantCostsRelatedParties_2" xml:lang="en-US" id="label_AccumulatedUnrecognizedGrantCostsRelatedParties_2">An entity shall disclose information that enables users of the financial statements to understand the nature and extent of share based payment arrangements that existed during the period.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccumulatedUnrecognizedGrantCostsRelatedParties" xlink:to="label_AccumulatedUnrecognizedGrantCostsRelatedParties_2" xlink:title="Label : AccumulatedUnrecognizedGrantCostsRelatedParties to label_AccumulatedUnrecognizedGrantCostsRelatedParties_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_GrossSharesGrantDateApril12020Member" xlink:label="GrossSharesGrantDateApril12020Member" xlink:title="GrossSharesGrantDateApril12020Member" />
    <link:label xlink:type="resource" xlink:label="label_GrossSharesGrantDateApril12020Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GrossSharesGrantDateApril12020Member" xml:lang="en-US" id="label_GrossSharesGrantDateApril12020Member">Gross Shares Grant Date April 1, 2020 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossSharesGrantDateApril12020Member" xlink:to="label_GrossSharesGrantDateApril12020Member" xlink:title="Label : GrossSharesGrantDateApril12020Member to label_GrossSharesGrantDateApril12020Member" />
    <link:label xlink:type="resource" xlink:label="label_GrossSharesGrantDateApril12020Member_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_GrossSharesGrantDateApril12020Member_1" xml:lang="en-US" id="label_GrossSharesGrantDateApril12020Member_1">April 1, 2020 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossSharesGrantDateApril12020Member" xlink:to="label_GrossSharesGrantDateApril12020Member_1" xlink:title="Label : GrossSharesGrantDateApril12020Member to label_GrossSharesGrantDateApril12020Member_1" />
    <link:label xlink:type="resource" xlink:label="label_GrossSharesGrantDateApril12020Member_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_GrossSharesGrantDateApril12020Member_2" xml:lang="en-US" id="label_GrossSharesGrantDateApril12020Member_2">This member stands for the information pertaining to Gross shares, Grant date April 1, 2020.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossSharesGrantDateApril12020Member" xlink:to="label_GrossSharesGrantDateApril12020Member_2" xlink:title="Label : GrossSharesGrantDateApril12020Member to label_GrossSharesGrantDateApril12020Member_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NumberOfInstrumentsOtherEquityInstrumentsCancellationOfPerformanceSharesDueToTerminationOfExecutiveEmployment" xlink:label="NumberOfInstrumentsOtherEquityInstrumentsCancellationOfPerformanceSharesDueToTerminationOfExecutiveEmployment" xlink:title="NumberOfInstrumentsOtherEquityInstrumentsCancellationOfPerformanceSharesDueToTerminationOfExecutiveEmployment" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfInstrumentsOtherEquityInstrumentsCancellationOfPerformanceSharesDueToTerminationOfExecutiveEmployment" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_NumberOfInstrumentsOtherEquityInstrumentsCancellationOfPerformanceSharesDueToTerminationOfExecutiveEmployment" xml:lang="en-US" id="label_NumberOfInstrumentsOtherEquityInstrumentsCancellationOfPerformanceSharesDueToTerminationOfExecutiveEmployment">Cancellation of performance shares</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfInstrumentsOtherEquityInstrumentsCancellationOfPerformanceSharesDueToTerminationOfExecutiveEmployment" xlink:to="label_NumberOfInstrumentsOtherEquityInstrumentsCancellationOfPerformanceSharesDueToTerminationOfExecutiveEmployment" xlink:title="Label : NumberOfInstrumentsOtherEquityInstrumentsCancellationOfPerformanceSharesDueToTerminationOfExecutiveEmployment to label_NumberOfInstrumentsOtherEquityInstrumentsCancellationOfPerformanceSharesDueToTerminationOfExecutiveEmployment" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfInstrumentsOtherEquityInstrumentsCancellationOfPerformanceSharesDueToTerminationOfExecutiveEmployment_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_NumberOfInstrumentsOtherEquityInstrumentsCancellationOfPerformanceSharesDueToTerminationOfExecutiveEmployment_1" xml:lang="en-US" id="label_NumberOfInstrumentsOtherEquityInstrumentsCancellationOfPerformanceSharesDueToTerminationOfExecutiveEmployment_1">The number of instruments other equity instruments cancellation of performance shares during the period.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfInstrumentsOtherEquityInstrumentsCancellationOfPerformanceSharesDueToTerminationOfExecutiveEmployment" xlink:to="label_NumberOfInstrumentsOtherEquityInstrumentsCancellationOfPerformanceSharesDueToTerminationOfExecutiveEmployment_1" xlink:title="Label : NumberOfInstrumentsOtherEquityInstrumentsCancellationOfPerformanceSharesDueToTerminationOfExecutiveEmployment to label_NumberOfInstrumentsOtherEquityInstrumentsCancellationOfPerformanceSharesDueToTerminationOfExecutiveEmployment_1" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfInstrumentsOtherEquityInstrumentsCancellationOfPerformanceSharesDueToTerminationOfExecutiveEmployment_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NumberOfInstrumentsOtherEquityInstrumentsCancellationOfPerformanceSharesDueToTerminationOfExecutiveEmployment_2" xml:lang="en-US" id="label_NumberOfInstrumentsOtherEquityInstrumentsCancellationOfPerformanceSharesDueToTerminationOfExecutiveEmployment_2">Number of Instruments Other Equity Instruments Cancellation of Performance Shares Due to Termination of Executive Employment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfInstrumentsOtherEquityInstrumentsCancellationOfPerformanceSharesDueToTerminationOfExecutiveEmployment" xlink:to="label_NumberOfInstrumentsOtherEquityInstrumentsCancellationOfPerformanceSharesDueToTerminationOfExecutiveEmployment_2" xlink:title="Label : NumberOfInstrumentsOtherEquityInstrumentsCancellationOfPerformanceSharesDueToTerminationOfExecutiveEmployment to label_NumberOfInstrumentsOtherEquityInstrumentsCancellationOfPerformanceSharesDueToTerminationOfExecutiveEmployment_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DeferredIncomeAndSocialContributionTaxAssetsAbstract" xlink:label="DeferredIncomeAndSocialContributionTaxAssetsAbstract" xlink:title="DeferredIncomeAndSocialContributionTaxAssetsAbstract" />
    <link:label xlink:type="resource" xlink:label="label_DeferredIncomeAndSocialContributionTaxAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DeferredIncomeAndSocialContributionTaxAssetsAbstract" xml:lang="en-US" id="label_DeferredIncomeAndSocialContributionTaxAssetsAbstract">Assets - deferred income and social contribution taxes on:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredIncomeAndSocialContributionTaxAssetsAbstract" xlink:to="label_DeferredIncomeAndSocialContributionTaxAssetsAbstract" xlink:title="Label : DeferredIncomeAndSocialContributionTaxAssetsAbstract to label_DeferredIncomeAndSocialContributionTaxAssetsAbstract" />
    <link:label xlink:type="resource" xlink:label="label_DeferredIncomeAndSocialContributionTaxAssetsAbstract_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DeferredIncomeAndSocialContributionTaxAssetsAbstract_1" xml:lang="en-US" id="label_DeferredIncomeAndSocialContributionTaxAssetsAbstract_1">Deferred income and social contribution tax assets [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredIncomeAndSocialContributionTaxAssetsAbstract" xlink:to="label_DeferredIncomeAndSocialContributionTaxAssetsAbstract_1" xlink:title="Label : DeferredIncomeAndSocialContributionTaxAssetsAbstract to label_DeferredIncomeAndSocialContributionTaxAssetsAbstract_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DeferredIncomeAndSocialContributionTaxesProvisionForImpairmentOfAssets" xlink:label="DeferredIncomeAndSocialContributionTaxesProvisionForImpairmentOfAssets" xlink:title="DeferredIncomeAndSocialContributionTaxesProvisionForImpairmentOfAssets" />
    <link:label xlink:type="resource" xlink:label="label_DeferredIncomeAndSocialContributionTaxesProvisionForImpairmentOfAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DeferredIncomeAndSocialContributionTaxesProvisionForImpairmentOfAssets" xml:lang="en-US" id="label_DeferredIncomeAndSocialContributionTaxesProvisionForImpairmentOfAssets">The amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from provision for impairment of assets.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredIncomeAndSocialContributionTaxesProvisionForImpairmentOfAssets" xlink:to="label_DeferredIncomeAndSocialContributionTaxesProvisionForImpairmentOfAssets" xlink:title="Label : DeferredIncomeAndSocialContributionTaxesProvisionForImpairmentOfAssets to label_DeferredIncomeAndSocialContributionTaxesProvisionForImpairmentOfAssets" />
    <link:label xlink:type="resource" xlink:label="label_DeferredIncomeAndSocialContributionTaxesProvisionForImpairmentOfAssets_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DeferredIncomeAndSocialContributionTaxesProvisionForImpairmentOfAssets_1" xml:lang="en-US" id="label_DeferredIncomeAndSocialContributionTaxesProvisionForImpairmentOfAssets_1">Provision for impairment of assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredIncomeAndSocialContributionTaxesProvisionForImpairmentOfAssets" xlink:to="label_DeferredIncomeAndSocialContributionTaxesProvisionForImpairmentOfAssets_1" xlink:title="Label : DeferredIncomeAndSocialContributionTaxesProvisionForImpairmentOfAssets to label_DeferredIncomeAndSocialContributionTaxesProvisionForImpairmentOfAssets_1" />
    <link:label xlink:type="resource" xlink:label="label_DeferredIncomeAndSocialContributionTaxesProvisionForImpairmentOfAssets_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DeferredIncomeAndSocialContributionTaxesProvisionForImpairmentOfAssets_2" xml:lang="en-US" id="label_DeferredIncomeAndSocialContributionTaxesProvisionForImpairmentOfAssets_2">Deferred income and social contribution taxes provision for impairment of assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredIncomeAndSocialContributionTaxesProvisionForImpairmentOfAssets" xlink:to="label_DeferredIncomeAndSocialContributionTaxesProvisionForImpairmentOfAssets_2" xlink:title="Label : DeferredIncomeAndSocialContributionTaxesProvisionForImpairmentOfAssets to label_DeferredIncomeAndSocialContributionTaxesProvisionForImpairmentOfAssets_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DeferredIncomeAndSocialContributionTaxesProvisionsFortaxCivilAndLaborRisks" xlink:label="DeferredIncomeAndSocialContributionTaxesProvisionsFortaxCivilAndLaborRisks" xlink:title="DeferredIncomeAndSocialContributionTaxesProvisionsFortaxCivilAndLaborRisks" />
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    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DeferredIncomeAndSocialContributionTaxesProvisionForPostEmploymentBenefits" xlink:label="DeferredIncomeAndSocialContributionTaxesProvisionForPostEmploymentBenefits" xlink:title="DeferredIncomeAndSocialContributionTaxesProvisionForPostEmploymentBenefits" />
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    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DeferredIncomeAndSocialContributionTaxesOtherProvisionsLiabilities" xlink:label="DeferredIncomeAndSocialContributionTaxesOtherProvisionsLiabilities" xlink:title="DeferredIncomeAndSocialContributionTaxesOtherProvisionsLiabilities" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxExpenseIncomeAtApplicableTaxRate" xlink:to="label_TaxExpenseIncomeAtApplicableTaxRate" xlink:title="Label : TaxExpenseIncomeAtApplicableTaxRate to label_TaxExpenseIncomeAtApplicableTaxRate" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxExpenseIncomeAtApplicableTaxRate" xlink:to="label_TaxExpenseIncomeAtApplicableTaxRate_1" xlink:title="Label : TaxExpenseIncomeAtApplicableTaxRate to label_TaxExpenseIncomeAtApplicableTaxRate_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ReconciliationOfAccountingProfitMultipliedByApplicableTaxRatesAbstract" xlink:label="ReconciliationOfAccountingProfitMultipliedByApplicableTaxRatesAbstract" xlink:title="ReconciliationOfAccountingProfitMultipliedByApplicableTaxRatesAbstract" />
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_TaxEffectOfExpenseNotDeductibleInDeterminingTaxableProfitTaxLoss" xlink:label="TaxEffectOfExpenseNotDeductibleInDeterminingTaxableProfitTaxLoss" xlink:title="TaxEffectOfExpenseNotDeductibleInDeterminingTaxableProfitTaxLoss" />
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" xlink:label="OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" xlink:title="OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" xlink:to="label_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" xlink:title="Label : OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome to label_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntitysTotalForIndividualAssetsOrCashgeneratingUnitsMember" xlink:to="label_EntitysTotalForIndividualAssetsOrCashgeneratingUnitsMember_1" xlink:title="Label : EntitysTotalForIndividualAssetsOrCashgeneratingUnitsMember to label_EntitysTotalForIndividualAssetsOrCashgeneratingUnitsMember_1" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MataripeBaseMember" xlink:to="label_MataripeBaseMember" xlink:title="Label : MataripeBaseMember to label_MataripeBaseMember" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MataripeBaseMember" xlink:to="label_MataripeBaseMember_2" xlink:title="Label : MataripeBaseMember to label_MataripeBaseMember_2" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CaucaiaBaseMember" xlink:to="label_CaucaiaBaseMember" xlink:title="Label : CaucaiaBaseMember to label_CaucaiaBaseMember" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CaucaiaBaseMember" xlink:to="label_CaucaiaBaseMember_1" xlink:title="Label : CaucaiaBaseMember to label_CaucaiaBaseMember_1" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CaucaiaBaseMember" xlink:to="label_CaucaiaBaseMember_2" xlink:title="Label : CaucaiaBaseMember to label_CaucaiaBaseMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_JuazeiroBaseMember" xlink:label="JuazeiroBaseMember" xlink:title="JuazeiroBaseMember" />
    <link:label xlink:type="resource" xlink:label="label_JuazeiroBaseMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_JuazeiroBaseMember" xml:lang="en-US" id="label_JuazeiroBaseMember">This member stands for the information pertaining to Juazeiro base.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="JuazeiroBaseMember" xlink:to="label_JuazeiroBaseMember" xlink:title="Label : JuazeiroBaseMember to label_JuazeiroBaseMember" />
    <link:label xlink:type="resource" xlink:label="label_JuazeiroBaseMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_JuazeiroBaseMember_1" xml:lang="en-US" id="label_JuazeiroBaseMember_1">Juazeiro base [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="JuazeiroBaseMember" xlink:to="label_JuazeiroBaseMember_1" xlink:title="Label : JuazeiroBaseMember to label_JuazeiroBaseMember_1" />
    <link:label xlink:type="resource" xlink:label="label_JuazeiroBaseMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_JuazeiroBaseMember_2" xml:lang="en-US" id="label_JuazeiroBaseMember_2">Juazeiro base [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="JuazeiroBaseMember" xlink:to="label_JuazeiroBaseMember_2" xlink:title="Label : JuazeiroBaseMember to label_JuazeiroBaseMember_2" />
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    <link:label xlink:type="resource" xlink:label="label_AracajuBaseMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AracajuBaseMember" xml:lang="en-US" id="label_AracajuBaseMember">This member stands for the information pertaining to Aracaju base.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AracajuBaseMember" xlink:to="label_AracajuBaseMember" xlink:title="Label : AracajuBaseMember to label_AracajuBaseMember" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AracajuBaseMember" xlink:to="label_AracajuBaseMember_1" xlink:title="Label : AracajuBaseMember to label_AracajuBaseMember_1" />
    <link:label xlink:type="resource" xlink:label="label_AracajuBaseMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AracajuBaseMember_2" xml:lang="en-US" id="label_AracajuBaseMember_2">Aracaju Base [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AracajuBaseMember" xlink:to="label_AracajuBaseMember_2" xlink:title="Label : AracajuBaseMember to label_AracajuBaseMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_SuapeBaseMember" xlink:label="SuapeBaseMember" xlink:title="SuapeBaseMember" />
    <link:label xlink:type="resource" xlink:label="label_SuapeBaseMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_SuapeBaseMember" xml:lang="en-US" id="label_SuapeBaseMember">This member stands for the information pertaining to Suape base.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SuapeBaseMember" xlink:to="label_SuapeBaseMember" xlink:title="Label : SuapeBaseMember to label_SuapeBaseMember" />
    <link:label xlink:type="resource" xlink:label="label_SuapeBaseMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_SuapeBaseMember_1" xml:lang="en-US" id="label_SuapeBaseMember_1">Suape Base [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SuapeBaseMember" xlink:to="label_SuapeBaseMember_1" xlink:title="Label : SuapeBaseMember to label_SuapeBaseMember_1" />
    <link:label xlink:type="resource" xlink:label="label_SuapeBaseMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SuapeBaseMember_2" xml:lang="en-US" id="label_SuapeBaseMember_2">Suape Base [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SuapeBaseMember" xlink:to="label_SuapeBaseMember_2" xlink:title="Label : SuapeBaseMember to label_SuapeBaseMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_SuapeTerminalMember" xlink:label="SuapeTerminalMember" xlink:title="SuapeTerminalMember" />
    <link:label xlink:type="resource" xlink:label="label_SuapeTerminalMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_SuapeTerminalMember" xml:lang="en-US" id="label_SuapeTerminalMember">This member stands for the information pertaining to Suape terminal.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SuapeTerminalMember" xlink:to="label_SuapeTerminalMember" xlink:title="Label : SuapeTerminalMember to label_SuapeTerminalMember" />
    <link:label xlink:type="resource" xlink:label="label_SuapeTerminalMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_SuapeTerminalMember_1" xml:lang="en-US" id="label_SuapeTerminalMember_1">Suape terminal [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SuapeTerminalMember" xlink:to="label_SuapeTerminalMember_1" xlink:title="Label : SuapeTerminalMember to label_SuapeTerminalMember_1" />
    <link:label xlink:type="resource" xlink:label="label_SuapeTerminalMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SuapeTerminalMember_2" xml:lang="en-US" id="label_SuapeTerminalMember_2">Suape terminal [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SuapeTerminalMember" xlink:to="label_SuapeTerminalMember_2" xlink:title="Label : SuapeTerminalMember to label_SuapeTerminalMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AratuTerminalMember" xlink:label="AratuTerminalMember" xlink:title="AratuTerminalMember" />
    <link:label xlink:type="resource" xlink:label="label_AratuTerminalMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AratuTerminalMember" xml:lang="en-US" id="label_AratuTerminalMember">This member stands for the information pertaining to Aratu Terminal.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AratuTerminalMember" xlink:to="label_AratuTerminalMember" xlink:title="Label : AratuTerminalMember to label_AratuTerminalMember" />
    <link:label xlink:type="resource" xlink:label="label_AratuTerminalMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AratuTerminalMember_1" xml:lang="en-US" id="label_AratuTerminalMember_1">Aratu Terminal [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AratuTerminalMember" xlink:to="label_AratuTerminalMember_1" xlink:title="Label : AratuTerminalMember to label_AratuTerminalMember_1" />
    <link:label xlink:type="resource" xlink:label="label_AratuTerminalMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AratuTerminalMember_2" xml:lang="en-US" id="label_AratuTerminalMember_2">Aratu Terminal [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AratuTerminalMember" xlink:to="label_AratuTerminalMember_2" xlink:title="Label : AratuTerminalMember to label_AratuTerminalMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ItaquiTerminalMember" xlink:label="ItaquiTerminalMember" xlink:title="ItaquiTerminalMember" />
    <link:label xlink:type="resource" xlink:label="label_ItaquiTerminalMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ItaquiTerminalMember" xml:lang="en-US" id="label_ItaquiTerminalMember">This member stands for the information pertaining to Itaqui terminal.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ItaquiTerminalMember" xlink:to="label_ItaquiTerminalMember" xlink:title="Label : ItaquiTerminalMember to label_ItaquiTerminalMember" />
    <link:label xlink:type="resource" xlink:label="label_ItaquiTerminalMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ItaquiTerminalMember_1" xml:lang="en-US" id="label_ItaquiTerminalMember_1">Itaqui Terminal [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ItaquiTerminalMember" xlink:to="label_ItaquiTerminalMember_1" xlink:title="Label : ItaquiTerminalMember to label_ItaquiTerminalMember_1" />
    <link:label xlink:type="resource" xlink:label="label_ItaquiTerminalMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ItaquiTerminalMember_2" xml:lang="en-US" id="label_ItaquiTerminalMember_2">Itaqui Terminal [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ItaquiTerminalMember" xlink:to="label_ItaquiTerminalMember_2" xlink:title="Label : ItaquiTerminalMember to label_ItaquiTerminalMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_BusinessUnit" xlink:label="BusinessUnit" xlink:title="BusinessUnit" />
    <link:label xlink:type="resource" xlink:label="label_BusinessUnit" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_BusinessUnit" xml:lang="en-US" id="label_BusinessUnit">The name of the business unit.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BusinessUnit" xlink:to="label_BusinessUnit" xlink:title="Label : BusinessUnit to label_BusinessUnit" />
    <link:label xlink:type="resource" xlink:label="label_BusinessUnit_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_BusinessUnit_1" xml:lang="en-US" id="label_BusinessUnit_1">Business Units</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BusinessUnit" xlink:to="label_BusinessUnit_1" xlink:title="Label : BusinessUnit to label_BusinessUnit_1" />
    <link:label xlink:type="resource" xlink:label="label_BusinessUnit_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_BusinessUnit_2" xml:lang="en-US" id="label_BusinessUnit_2">Business unit</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BusinessUnit" xlink:to="label_BusinessUnit_2" xlink:title="Label : BusinessUnit to label_BusinessUnit_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_IncentivePercentage" xlink:label="IncentivePercentage" xlink:title="IncentivePercentage" />
    <link:label xlink:type="resource" xlink:label="label_IncentivePercentage" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_IncentivePercentage" xml:lang="en-US" id="label_IncentivePercentage">The percentage of tax incentive.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncentivePercentage" xlink:to="label_IncentivePercentage" xlink:title="Label : IncentivePercentage to label_IncentivePercentage" />
    <link:label xlink:type="resource" xlink:label="label_IncentivePercentage_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IncentivePercentage_1" xml:lang="en-US" id="label_IncentivePercentage_1">Incentive - %</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncentivePercentage" xlink:to="label_IncentivePercentage_1" xlink:title="Label : IncentivePercentage to label_IncentivePercentage_1" />
    <link:label xlink:type="resource" xlink:label="label_IncentivePercentage_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncentivePercentage_2" xml:lang="en-US" id="label_IncentivePercentage_2">Incentive percentage</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncentivePercentage" xlink:to="label_IncentivePercentage_2" xlink:title="Label : IncentivePercentage to label_IncentivePercentage_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ExpirationYear" xlink:label="ExpirationYear" xlink:title="ExpirationYear" />
    <link:label xlink:type="resource" xlink:label="label_ExpirationYear" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ExpirationYear" xml:lang="en-US" id="label_ExpirationYear">The expiration year of tax incentive.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExpirationYear" xlink:to="label_ExpirationYear" xlink:title="Label : ExpirationYear to label_ExpirationYear" />
    <link:label xlink:type="resource" xlink:label="label_ExpirationYear_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ExpirationYear_1" xml:lang="en-US" id="label_ExpirationYear_1">Expiration</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExpirationYear" xlink:to="label_ExpirationYear_1" xlink:title="Label : ExpirationYear to label_ExpirationYear_1" />
    <link:label xlink:type="resource" xlink:label="label_ExpirationYear_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ExpirationYear_2" xml:lang="en-US" id="label_ExpirationYear_2">Expiration year</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExpirationYear" xlink:to="label_ExpirationYear_2" xlink:title="Label : ExpirationYear to label_ExpirationYear_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsTable" xlink:label="DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsTable" xlink:title="DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsTable" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsTable" xml:lang="en-US" id="label_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsTable">Disclosure of temporary difference, unused tax losses and unused tax credits [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsTable" xlink:to="label_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsTable" xlink:title="Label : DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsTable to label_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsTable" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_OxitenoSaMember" xlink:label="OxitenoSaMember" xlink:title="OxitenoSaMember" />
    <link:label xlink:type="resource" xlink:label="label_OxitenoSaMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OxitenoSaMember" xml:lang="en-US" id="label_OxitenoSaMember">Oxiteno SA [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OxitenoSaMember" xlink:to="label_OxitenoSaMember" xlink:title="Label : OxitenoSaMember to label_OxitenoSaMember" />
    <link:label xlink:type="resource" xlink:label="label_OxitenoSaMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OxitenoSaMember_1" xml:lang="en-US" id="label_OxitenoSaMember_1">Oxiteno S.A. [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OxitenoSaMember" xlink:to="label_OxitenoSaMember_1" xlink:title="Label : OxitenoSaMember to label_OxitenoSaMember_1" />
    <link:label xlink:type="resource" xlink:label="label_OxitenoSaMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_OxitenoSaMember_2" xml:lang="en-US" id="label_OxitenoSaMember_2">This member stands for the information pertaining to Oxiteno S.A.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OxitenoSaMember" xlink:to="label_OxitenoSaMember_2" xlink:title="Label : OxitenoSaMember to label_OxitenoSaMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_UltraparMember" xlink:label="UltraparMember" xlink:title="UltraparMember" />
    <link:label xlink:type="resource" xlink:label="label_UltraparMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_UltraparMember" xml:lang="en-US" id="label_UltraparMember">This member stands for the information pertaining to Ultrapar.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UltraparMember" xlink:to="label_UltraparMember" xlink:title="Label : UltraparMember to label_UltraparMember" />
    <link:label xlink:type="resource" xlink:label="label_UltraparMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_UltraparMember_1" xml:lang="en-US" id="label_UltraparMember_1">Ultrapar [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UltraparMember" xlink:to="label_UltraparMember_1" xlink:title="Label : UltraparMember to label_UltraparMember_1" />
    <link:label xlink:type="resource" xlink:label="label_UltraparMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_UltraparMember_2" xml:lang="en-US" id="label_UltraparMember_2">Ultrapar [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UltraparMember" xlink:to="label_UltraparMember_2" xlink:title="Label : UltraparMember to label_UltraparMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_IconicMember" xlink:label="IconicMember" xlink:title="IconicMember" />
    <link:label xlink:type="resource" xlink:label="label_IconicMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_IconicMember" xml:lang="en-US" id="label_IconicMember">This member stands for the information pertaining to Iconic.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IconicMember" xlink:to="label_IconicMember" xlink:title="Label : IconicMember to label_IconicMember" />
    <link:label xlink:type="resource" xlink:label="label_IconicMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IconicMember_1" xml:lang="en-US" id="label_IconicMember_1">Iconic [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IconicMember" xlink:to="label_IconicMember_1" xlink:title="Label : IconicMember to label_IconicMember_1" />
    <link:label xlink:type="resource" xlink:label="label_IconicMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IconicMember_2" xml:lang="en-US" id="label_IconicMember_2">Iconic [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IconicMember" xlink:to="label_IconicMember_2" xlink:title="Label : IconicMember to label_IconicMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AbasteceAiMember" xlink:label="AbasteceAiMember" xlink:title="AbasteceAiMember" />
    <link:label xlink:type="resource" xlink:label="label_AbasteceAiMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AbasteceAiMember" xml:lang="en-US" id="label_AbasteceAiMember">This member stands for the information pertaining to Abastece Ai.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AbasteceAiMember" xlink:to="label_AbasteceAiMember" xlink:title="Label : AbasteceAiMember to label_AbasteceAiMember" />
    <link:label xlink:type="resource" xlink:label="label_AbasteceAiMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AbasteceAiMember_1" xml:lang="en-US" id="label_AbasteceAiMember_1">Abastece A&#xED; [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AbasteceAiMember" xlink:to="label_AbasteceAiMember_1" xlink:title="Label : AbasteceAiMember to label_AbasteceAiMember_1" />
    <link:label xlink:type="resource" xlink:label="label_AbasteceAiMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AbasteceAiMember_2" xml:lang="en-US" id="label_AbasteceAiMember_2">Abastece Ai [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AbasteceAiMember" xlink:to="label_AbasteceAiMember_2" xlink:title="Label : AbasteceAiMember to label_AbasteceAiMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_TequimarVilaDoCondeMember" xlink:label="TequimarVilaDoCondeMember" xlink:title="TequimarVilaDoCondeMember" />
    <link:label xlink:type="resource" xlink:label="label_TequimarVilaDoCondeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TequimarVilaDoCondeMember" xml:lang="en-US" id="label_TequimarVilaDoCondeMember">Tequimar Vila do Conde [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TequimarVilaDoCondeMember" xlink:to="label_TequimarVilaDoCondeMember" xlink:title="Label : TequimarVilaDoCondeMember to label_TequimarVilaDoCondeMember" />
    <link:label xlink:type="resource" xlink:label="label_TequimarVilaDoCondeMember_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_TequimarVilaDoCondeMember_1" xml:lang="en-US" id="label_TequimarVilaDoCondeMember_1">This member stands for the information pertaining to Tequimar Vila do Conde.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TequimarVilaDoCondeMember" xlink:to="label_TequimarVilaDoCondeMember_1" xlink:title="Label : TequimarVilaDoCondeMember to label_TequimarVilaDoCondeMember_1" />
    <link:label xlink:type="resource" xlink:label="label_TequimarVilaDoCondeMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TequimarVilaDoCondeMember_2" xml:lang="en-US" id="label_TequimarVilaDoCondeMember_2">Tequimar Vila Do Conde [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TequimarVilaDoCondeMember" xlink:to="label_TequimarVilaDoCondeMember_2" xlink:title="Label : TequimarVilaDoCondeMember to label_TequimarVilaDoCondeMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_UVCInvestimentosMember" xlink:label="UVCInvestimentosMember" xlink:title="UVCInvestimentosMember" />
    <link:label xlink:type="resource" xlink:label="label_UVCInvestimentosMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_UVCInvestimentosMember" xml:lang="en-US" id="label_UVCInvestimentosMember">UVC Investimentos [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UVCInvestimentosMember" xlink:to="label_UVCInvestimentosMember" xlink:title="Label : UVCInvestimentosMember to label_UVCInvestimentosMember" />
    <link:label xlink:type="resource" xlink:label="label_UVCInvestimentosMember_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_UVCInvestimentosMember_1" xml:lang="en-US" id="label_UVCInvestimentosMember_1">This member stands for the information pertaining to UVC Investimentos.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UVCInvestimentosMember" xlink:to="label_UVCInvestimentosMember_1" xlink:title="Label : UVCInvestimentosMember to label_UVCInvestimentosMember_1" />
    <link:label xlink:type="resource" xlink:label="label_UVCInvestimentosMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_UVCInvestimentosMember_2" xml:lang="en-US" id="label_UVCInvestimentosMember_2">U V C Investimentos [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UVCInvestimentosMember" xlink:to="label_UVCInvestimentosMember_2" xlink:title="Label : UVCInvestimentosMember to label_UVCInvestimentosMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_MillenniumMember" xlink:label="MillenniumMember" xlink:title="MillenniumMember" />
    <link:label xlink:type="resource" xlink:label="label_MillenniumMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_MillenniumMember" xml:lang="en-US" id="label_MillenniumMember">This member stands for the information pertaining to Millennium.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MillenniumMember" xlink:to="label_MillenniumMember" xlink:title="Label : MillenniumMember to label_MillenniumMember" />
    <link:label xlink:type="resource" xlink:label="label_MillenniumMember_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MillenniumMember_1" xml:lang="en-US" id="label_MillenniumMember_1">Millennium [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MillenniumMember" xlink:to="label_MillenniumMember_1" xlink:title="Label : MillenniumMember to label_MillenniumMember_1" />
    <link:label xlink:type="resource" xlink:label="label_MillenniumMember_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_MillenniumMember_2" xml:lang="en-US" id="label_MillenniumMember_2">Millennium [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MillenniumMember" xlink:to="label_MillenniumMember_2" xlink:title="Label : MillenniumMember to label_MillenniumMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_UltraparInternationalMember" xlink:label="UltraparInternationalMember" xlink:title="UltraparInternationalMember" />
    <link:label xlink:type="resource" xlink:label="label_UltraparInternationalMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_UltraparInternationalMember" xml:lang="en-US" id="label_UltraparInternationalMember">This member stands for the information pertaining to Ultrapar International.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UltraparInternationalMember" xlink:to="label_UltraparInternationalMember" xlink:title="Label : UltraparInternationalMember to label_UltraparInternationalMember" />
    <link:label xlink:type="resource" xlink:label="label_UltraparInternationalMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_UltraparInternationalMember_1" xml:lang="en-US" id="label_UltraparInternationalMember_1">Ultrapar International [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UltraparInternationalMember" xlink:to="label_UltraparInternationalMember_1" xlink:title="Label : UltraparInternationalMember to label_UltraparInternationalMember_1" />
    <link:label xlink:type="resource" xlink:label="label_UltraparInternationalMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_UltraparInternationalMember_2" xml:lang="en-US" id="label_UltraparInternationalMember_2">Ultrapar International [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UltraparInternationalMember" xlink:to="label_UltraparInternationalMember_2" xlink:title="Label : UltraparInternationalMember to label_UltraparInternationalMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_IntegraFrotasMember" xlink:label="IntegraFrotasMember" xlink:title="IntegraFrotasMember" />
    <link:label xlink:type="resource" xlink:label="label_IntegraFrotasMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_IntegraFrotasMember" xml:lang="en-US" id="label_IntegraFrotasMember">This member stands for the information pertaining to Integra Frotas.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IntegraFrotasMember" xlink:to="label_IntegraFrotasMember" xlink:title="Label : IntegraFrotasMember to label_IntegraFrotasMember" />
    <link:label xlink:type="resource" xlink:label="label_IntegraFrotasMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IntegraFrotasMember_1" xml:lang="en-US" id="label_IntegraFrotasMember_1">Integra Frotas [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IntegraFrotasMember" xlink:to="label_IntegraFrotasMember_1" xlink:title="Label : IntegraFrotasMember to label_IntegraFrotasMember_1" />
    <link:label xlink:type="resource" xlink:label="label_IntegraFrotasMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IntegraFrotasMember_2" xml:lang="en-US" id="label_IntegraFrotasMember_2">Integra Frotas [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IntegraFrotasMember" xlink:to="label_IntegraFrotasMember_2" xlink:title="Label : IntegraFrotasMember to label_IntegraFrotasMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_CiaUltragazMember" xlink:label="CiaUltragazMember" xlink:title="CiaUltragazMember" />
    <link:label xlink:type="resource" xlink:label="label_CiaUltragazMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_CiaUltragazMember" xml:lang="en-US" id="label_CiaUltragazMember">This member stands for the information pertaining to Cia Ultragaz.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CiaUltragazMember" xlink:to="label_CiaUltragazMember" xlink:title="Label : CiaUltragazMember to label_CiaUltragazMember" />
    <link:label xlink:type="resource" xlink:label="label_CiaUltragazMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CiaUltragazMember_1" xml:lang="en-US" id="label_CiaUltragazMember_1">Cia Ultragaz [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CiaUltragazMember" xlink:to="label_CiaUltragazMember_1" xlink:title="Label : CiaUltragazMember to label_CiaUltragazMember_1" />
    <link:label xlink:type="resource" xlink:label="label_CiaUltragazMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CiaUltragazMember_2" xml:lang="en-US" id="label_CiaUltragazMember_2">Cia Ultragaz [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CiaUltragazMember" xlink:to="label_CiaUltragazMember_2" xlink:title="Label : CiaUltragazMember to label_CiaUltragazMember_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_GeographicalAreasAxis" xlink:label="GeographicalAreasAxis" xlink:title="GeographicalAreasAxis" />
    <link:label xlink:type="resource" xlink:label="label_GeographicalAreasAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GeographicalAreasAxis" xml:lang="en-US" id="label_GeographicalAreasAxis">Geographical areas [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GeographicalAreasAxis" xlink:to="label_GeographicalAreasAxis" xlink:title="Label : GeographicalAreasAxis to label_GeographicalAreasAxis" />
    <link:label xlink:type="resource" xlink:label="label_GeographicalAreasAxis_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_GeographicalAreasAxis_1" xml:lang="en-US" id="label_GeographicalAreasAxis_1">Geographical areas [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GeographicalAreasAxis" xlink:to="label_GeographicalAreasAxis_1" xlink:title="Label : GeographicalAreasAxis to label_GeographicalAreasAxis_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_GeographicalAreasMember" xlink:label="GeographicalAreasMember" xlink:title="GeographicalAreasMember" />
    <link:label xlink:type="resource" xlink:label="label_GeographicalAreasMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GeographicalAreasMember" xml:lang="en-US" id="label_GeographicalAreasMember">Geographical areas [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GeographicalAreasMember" xlink:to="label_GeographicalAreasMember" xlink:title="Label : GeographicalAreasMember to label_GeographicalAreasMember" />
    <link:label xlink:type="resource" xlink:label="label_GeographicalAreasMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_GeographicalAreasMember_1" xml:lang="en-US" id="label_GeographicalAreasMember_1">Geographical areas [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GeographicalAreasMember" xlink:to="label_GeographicalAreasMember_1" xlink:title="Label : GeographicalAreasMember to label_GeographicalAreasMember_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_OffshoreMember" xlink:label="OffshoreMember" xlink:title="OffshoreMember" />
    <link:label xlink:type="resource" xlink:label="label_OffshoreMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_OffshoreMember" xml:lang="en-US" id="label_OffshoreMember">This member stands for the information pertaining to Offshore.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OffshoreMember" xlink:to="label_OffshoreMember" xlink:title="Label : OffshoreMember to label_OffshoreMember" />
    <link:label xlink:type="resource" xlink:label="label_OffshoreMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OffshoreMember_1" xml:lang="en-US" id="label_OffshoreMember_1">Offshore [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OffshoreMember" xlink:to="label_OffshoreMember_1" xlink:title="Label : OffshoreMember to label_OffshoreMember_1" />
    <link:label xlink:type="resource" xlink:label="label_OffshoreMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OffshoreMember_2" xml:lang="en-US" id="label_OffshoreMember_2">Offshore [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OffshoreMember" xlink:to="label_OffshoreMember_2" xlink:title="Label : OffshoreMember to label_OffshoreMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_OnshoreMember" xlink:label="OnshoreMember" xlink:title="OnshoreMember" />
    <link:label xlink:type="resource" xlink:label="label_OnshoreMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_OnshoreMember" xml:lang="en-US" id="label_OnshoreMember">This member stands for the information pertaining to Onshore.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OnshoreMember" xlink:to="label_OnshoreMember" xlink:title="Label : OnshoreMember to label_OnshoreMember" />
    <link:label xlink:type="resource" xlink:label="label_OnshoreMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OnshoreMember_1" xml:lang="en-US" id="label_OnshoreMember_1">Onshore [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OnshoreMember" xlink:to="label_OnshoreMember_1" xlink:title="Label : OnshoreMember to label_OnshoreMember_1" />
    <link:label xlink:type="resource" xlink:label="label_OnshoreMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OnshoreMember_2" xml:lang="en-US" id="label_OnshoreMember_2">Onshore [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OnshoreMember" xlink:to="label_OnshoreMember_2" xlink:title="Label : OnshoreMember to label_OnshoreMember_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsLineItems" xlink:label="DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsLineItems" xlink:title="DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsLineItems" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsLineItems" xml:lang="en-US" id="label_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsLineItems">Disclosure of temporary difference, unused tax losses and unused tax credits [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsLineItems" xlink:to="label_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsLineItems" xlink:title="Label : DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsLineItems to label_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsLineItems" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NonConstitutedDeferredTaxesRelatedToIncomeTaxLossCarryforwardsAndNegativeBasisOfSocialContributionBase" xlink:label="NonConstitutedDeferredTaxesRelatedToIncomeTaxLossCarryforwardsAndNegativeBasisOfSocialContributionBase" xlink:title="NonConstitutedDeferredTaxesRelatedToIncomeTaxLossCarryforwardsAndNegativeBasisOfSocialContributionBase" />
    <link:label xlink:type="resource" xlink:label="label_NonConstitutedDeferredTaxesRelatedToIncomeTaxLossCarryforwardsAndNegativeBasisOfSocialContributionBase" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NonConstitutedDeferredTaxesRelatedToIncomeTaxLossCarryforwardsAndNegativeBasisOfSocialContributionBase" xml:lang="en-US" id="label_NonConstitutedDeferredTaxesRelatedToIncomeTaxLossCarryforwardsAndNegativeBasisOfSocialContributionBase">Non Constituted Deferred Taxes Related to Income Tax Loss Carryforwards and Negative Basis of Social Contribution Base</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonConstitutedDeferredTaxesRelatedToIncomeTaxLossCarryforwardsAndNegativeBasisOfSocialContributionBase" xlink:to="label_NonConstitutedDeferredTaxesRelatedToIncomeTaxLossCarryforwardsAndNegativeBasisOfSocialContributionBase" xlink:title="Label : NonConstitutedDeferredTaxesRelatedToIncomeTaxLossCarryforwardsAndNegativeBasisOfSocialContributionBase to label_NonConstitutedDeferredTaxesRelatedToIncomeTaxLossCarryforwardsAndNegativeBasisOfSocialContributionBase" />
    <link:label xlink:type="resource" xlink:label="label_NonConstitutedDeferredTaxesRelatedToIncomeTaxLossCarryforwardsAndNegativeBasisOfSocialContributionBase_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_NonConstitutedDeferredTaxesRelatedToIncomeTaxLossCarryforwardsAndNegativeBasisOfSocialContributionBase_1" xml:lang="en-US" id="label_NonConstitutedDeferredTaxesRelatedToIncomeTaxLossCarryforwardsAndNegativeBasisOfSocialContributionBase_1">The amount before allocation of valuation allowances of deferred tax assets which are not attributable to deductible tax losses and negative basis for social contribution carryforwards.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonConstitutedDeferredTaxesRelatedToIncomeTaxLossCarryforwardsAndNegativeBasisOfSocialContributionBase" xlink:to="label_NonConstitutedDeferredTaxesRelatedToIncomeTaxLossCarryforwardsAndNegativeBasisOfSocialContributionBase_1" xlink:title="Label : NonConstitutedDeferredTaxesRelatedToIncomeTaxLossCarryforwardsAndNegativeBasisOfSocialContributionBase to label_NonConstitutedDeferredTaxesRelatedToIncomeTaxLossCarryforwardsAndNegativeBasisOfSocialContributionBase_1" />
    <link:label xlink:type="resource" xlink:label="label_NonConstitutedDeferredTaxesRelatedToIncomeTaxLossCarryforwardsAndNegativeBasisOfSocialContributionBase_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NonConstitutedDeferredTaxesRelatedToIncomeTaxLossCarryforwardsAndNegativeBasisOfSocialContributionBase_2" xml:lang="en-US" id="label_NonConstitutedDeferredTaxesRelatedToIncomeTaxLossCarryforwardsAndNegativeBasisOfSocialContributionBase_2">Tax losses and negative basis for social contribution carryforwards not constituted</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonConstitutedDeferredTaxesRelatedToIncomeTaxLossCarryforwardsAndNegativeBasisOfSocialContributionBase" xlink:to="label_NonConstitutedDeferredTaxesRelatedToIncomeTaxLossCarryforwardsAndNegativeBasisOfSocialContributionBase_2" xlink:title="Label : NonConstitutedDeferredTaxesRelatedToIncomeTaxLossCarryforwardsAndNegativeBasisOfSocialContributionBase to label_NonConstitutedDeferredTaxesRelatedToIncomeTaxLossCarryforwardsAndNegativeBasisOfSocialContributionBase_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_TaxLossCarryforwards" xlink:label="TaxLossCarryforwards" xlink:title="TaxLossCarryforwards" />
    <link:label xlink:type="resource" xlink:label="label_TaxLossCarryforwards" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_TaxLossCarryforwards" xml:lang="en-US" id="label_TaxLossCarryforwards">Tax loss carryforwards</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxLossCarryforwards" xlink:to="label_TaxLossCarryforwards" xlink:title="Label : TaxLossCarryforwards to label_TaxLossCarryforwards" />
    <link:label xlink:type="resource" xlink:label="label_TaxLossCarryforwards_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TaxLossCarryforwards_1" xml:lang="en-US" id="label_TaxLossCarryforwards_1">Tax loss carryforwards</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxLossCarryforwards" xlink:to="label_TaxLossCarryforwards_1" xlink:title="Label : TaxLossCarryforwards to label_TaxLossCarryforwards_1" />
    <link:label xlink:type="resource" xlink:label="label_TaxLossCarryforwards_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TaxLossCarryforwards_2" xml:lang="en-US" id="label_TaxLossCarryforwards_2">Tax loss carryforwards related to income tax</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxLossCarryforwards" xlink:to="label_TaxLossCarryforwards_2" xlink:title="Label : TaxLossCarryforwards to label_TaxLossCarryforwards_2" />
    <link:label xlink:type="resource" xlink:label="label_TaxLossCarryforwards_3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_TaxLossCarryforwards_3" xml:lang="en-US" id="label_TaxLossCarryforwards_3">The amount of unrecognized deferred tax assets attributable to income tax, subject to local compensation rules.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxLossCarryforwards" xlink:to="label_TaxLossCarryforwards_3" xlink:title="Label : TaxLossCarryforwards to label_TaxLossCarryforwards_3" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_PrepaidRentExpense" xlink:label="PrepaidRentExpense" xlink:title="PrepaidRentExpense" />
    <link:label xlink:type="resource" xlink:label="label_PrepaidRentExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PrepaidRentExpense" xml:lang="en-US" id="label_PrepaidRentExpense">Prepaid rent expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PrepaidRentExpense" xlink:to="label_PrepaidRentExpense" xlink:title="Label : PrepaidRentExpense to label_PrepaidRentExpense" />
    <link:label xlink:type="resource" xlink:label="label_PrepaidRentExpense_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_PrepaidRentExpense_1" xml:lang="en-US" id="label_PrepaidRentExpense_1">Rents</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PrepaidRentExpense" xlink:to="label_PrepaidRentExpense_1" xlink:title="Label : PrepaidRentExpense to label_PrepaidRentExpense_1" />
    <link:label xlink:type="resource" xlink:label="label_PrepaidRentExpense_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_PrepaidRentExpense_2" xml:lang="en-US" id="label_PrepaidRentExpense_2">The amount of Rent recognised as a current asset for expenditures made prior to the period when the economic benefit will be realised.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PrepaidRentExpense" xlink:to="label_PrepaidRentExpense_2" xlink:title="Label : PrepaidRentExpense to label_PrepaidRentExpense_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_PrepaidAdvertisingExpense" xlink:label="PrepaidAdvertisingExpense" xlink:title="PrepaidAdvertisingExpense" />
    <link:label xlink:type="resource" xlink:label="label_PrepaidAdvertisingExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PrepaidAdvertisingExpense" xml:lang="en-US" id="label_PrepaidAdvertisingExpense">Prepaid advertising expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PrepaidAdvertisingExpense" xlink:to="label_PrepaidAdvertisingExpense" xlink:title="Label : PrepaidAdvertisingExpense to label_PrepaidAdvertisingExpense" />
    <link:label xlink:type="resource" xlink:label="label_PrepaidAdvertisingExpense_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_PrepaidAdvertisingExpense_1" xml:lang="en-US" id="label_PrepaidAdvertisingExpense_1">Advertising and publicity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PrepaidAdvertisingExpense" xlink:to="label_PrepaidAdvertisingExpense_1" xlink:title="Label : PrepaidAdvertisingExpense to label_PrepaidAdvertisingExpense_1" />
    <link:label xlink:type="resource" xlink:label="label_PrepaidAdvertisingExpense_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_PrepaidAdvertisingExpense_2" xml:lang="en-US" id="label_PrepaidAdvertisingExpense_2">The amount of Advertising and publicity recognised as a current asset for expenditures made prior to the period when the economic benefit will be realised.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PrepaidAdvertisingExpense" xlink:to="label_PrepaidAdvertisingExpense_2" xlink:title="Label : PrepaidAdvertisingExpense to label_PrepaidAdvertisingExpense_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_PrepaidDeferredStockPlanExpense" xlink:label="PrepaidDeferredStockPlanExpense" xlink:title="PrepaidDeferredStockPlanExpense" />
    <link:label xlink:type="resource" xlink:label="label_PrepaidDeferredStockPlanExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PrepaidDeferredStockPlanExpense" xml:lang="en-US" id="label_PrepaidDeferredStockPlanExpense">Prepaid deferred stock plan expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PrepaidDeferredStockPlanExpense" xlink:to="label_PrepaidDeferredStockPlanExpense" xlink:title="Label : PrepaidDeferredStockPlanExpense to label_PrepaidDeferredStockPlanExpense" />
    <link:label xlink:type="resource" xlink:label="label_PrepaidDeferredStockPlanExpense_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_PrepaidDeferredStockPlanExpense_1" xml:lang="en-US" id="label_PrepaidDeferredStockPlanExpense_1">Deferred stock plan, net</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PrepaidDeferredStockPlanExpense" xlink:to="label_PrepaidDeferredStockPlanExpense_1" xlink:title="Label : PrepaidDeferredStockPlanExpense to label_PrepaidDeferredStockPlanExpense_1" />
    <link:label xlink:type="resource" xlink:label="label_PrepaidDeferredStockPlanExpense_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_PrepaidDeferredStockPlanExpense_2" xml:lang="en-US" id="label_PrepaidDeferredStockPlanExpense_2">The amount of net deferred stock plan recognized as a current asset for expenditures made prior to the period when the economic benefit will be realised.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PrepaidDeferredStockPlanExpense" xlink:to="label_PrepaidDeferredStockPlanExpense_2" xlink:title="Label : PrepaidDeferredStockPlanExpense to label_PrepaidDeferredStockPlanExpense_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_PrepaidInsuranceExpense" xlink:label="PrepaidInsuranceExpense" xlink:title="PrepaidInsuranceExpense" />
    <link:label xlink:type="resource" xlink:label="label_PrepaidInsuranceExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PrepaidInsuranceExpense" xml:lang="en-US" id="label_PrepaidInsuranceExpense">Prepaid insurance expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PrepaidInsuranceExpense" xlink:to="label_PrepaidInsuranceExpense" xlink:title="Label : PrepaidInsuranceExpense to label_PrepaidInsuranceExpense" />
    <link:label xlink:type="resource" xlink:label="label_PrepaidInsuranceExpense_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_PrepaidInsuranceExpense_1" xml:lang="en-US" id="label_PrepaidInsuranceExpense_1">Insurance premiums</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PrepaidInsuranceExpense" xlink:to="label_PrepaidInsuranceExpense_1" xlink:title="Label : PrepaidInsuranceExpense to label_PrepaidInsuranceExpense_1" />
    <link:label xlink:type="resource" xlink:label="label_PrepaidInsuranceExpense_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_PrepaidInsuranceExpense_2" xml:lang="en-US" id="label_PrepaidInsuranceExpense_2">The amount of Insurance premiums recognised as a current asset for expenditures made prior to the period when the economic benefit will be realised.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PrepaidInsuranceExpense" xlink:to="label_PrepaidInsuranceExpense_2" xlink:title="Label : PrepaidInsuranceExpense to label_PrepaidInsuranceExpense_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_PrepaidSoftwareMaintenanceExpense" xlink:label="PrepaidSoftwareMaintenanceExpense" xlink:title="PrepaidSoftwareMaintenanceExpense" />
    <link:label xlink:type="resource" xlink:label="label_PrepaidSoftwareMaintenanceExpense" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_PrepaidSoftwareMaintenanceExpense" xml:lang="en-US" id="label_PrepaidSoftwareMaintenanceExpense">The amount of Software maintenance recognised as a current asset for expenditures made prior to the period when the economic benefit will be realised.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PrepaidSoftwareMaintenanceExpense" xlink:to="label_PrepaidSoftwareMaintenanceExpense" xlink:title="Label : PrepaidSoftwareMaintenanceExpense to label_PrepaidSoftwareMaintenanceExpense" />
    <link:label xlink:type="resource" xlink:label="label_PrepaidSoftwareMaintenanceExpense_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_PrepaidSoftwareMaintenanceExpense_1" xml:lang="en-US" id="label_PrepaidSoftwareMaintenanceExpense_1">Software maintenance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PrepaidSoftwareMaintenanceExpense" xlink:to="label_PrepaidSoftwareMaintenanceExpense_1" xlink:title="Label : PrepaidSoftwareMaintenanceExpense to label_PrepaidSoftwareMaintenanceExpense_1" />
    <link:label xlink:type="resource" xlink:label="label_PrepaidSoftwareMaintenanceExpense_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PrepaidSoftwareMaintenanceExpense_2" xml:lang="en-US" id="label_PrepaidSoftwareMaintenanceExpense_2">Prepaid software maintenance expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PrepaidSoftwareMaintenanceExpense" xlink:to="label_PrepaidSoftwareMaintenanceExpense_2" xlink:title="Label : PrepaidSoftwareMaintenanceExpense to label_PrepaidSoftwareMaintenanceExpense_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_PrepaidEmployeeBenefitsExpense" xlink:label="PrepaidEmployeeBenefitsExpense" xlink:title="PrepaidEmployeeBenefitsExpense" />
    <link:label xlink:type="resource" xlink:label="label_PrepaidEmployeeBenefitsExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PrepaidEmployeeBenefitsExpense" xml:lang="en-US" id="label_PrepaidEmployeeBenefitsExpense">Prepaid Employee Benefits Expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PrepaidEmployeeBenefitsExpense" xlink:to="label_PrepaidEmployeeBenefitsExpense" xlink:title="Label : PrepaidEmployeeBenefitsExpense to label_PrepaidEmployeeBenefitsExpense" />
    <link:label xlink:type="resource" xlink:label="label_PrepaidEmployeeBenefitsExpense_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_PrepaidEmployeeBenefitsExpense_1" xml:lang="en-US" id="label_PrepaidEmployeeBenefitsExpense_1">Employee benefits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PrepaidEmployeeBenefitsExpense" xlink:to="label_PrepaidEmployeeBenefitsExpense_1" xlink:title="Label : PrepaidEmployeeBenefitsExpense to label_PrepaidEmployeeBenefitsExpense_1" />
    <link:label xlink:type="resource" xlink:label="label_PrepaidEmployeeBenefitsExpense_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_PrepaidEmployeeBenefitsExpense_2" xml:lang="en-US" id="label_PrepaidEmployeeBenefitsExpense_2">The amount recognized as an asset for employee benefits expense made prior to the period when the economic benefit will be realised.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PrepaidEmployeeBenefitsExpense" xlink:to="label_PrepaidEmployeeBenefitsExpense_2" xlink:title="Label : PrepaidEmployeeBenefitsExpense to label_PrepaidEmployeeBenefitsExpense_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_PrepaidTaxOtherThanIncomeTaxExpense" xlink:label="PrepaidTaxOtherThanIncomeTaxExpense" xlink:title="PrepaidTaxOtherThanIncomeTaxExpense" />
    <link:label xlink:type="resource" xlink:label="label_PrepaidTaxOtherThanIncomeTaxExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PrepaidTaxOtherThanIncomeTaxExpense" xml:lang="en-US" id="label_PrepaidTaxOtherThanIncomeTaxExpense">Prepaid Tax Other than Income Tax Expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PrepaidTaxOtherThanIncomeTaxExpense" xlink:to="label_PrepaidTaxOtherThanIncomeTaxExpense" xlink:title="Label : PrepaidTaxOtherThanIncomeTaxExpense to label_PrepaidTaxOtherThanIncomeTaxExpense" />
    <link:label xlink:type="resource" xlink:label="label_PrepaidTaxOtherThanIncomeTaxExpense_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_PrepaidTaxOtherThanIncomeTaxExpense_1" xml:lang="en-US" id="label_PrepaidTaxOtherThanIncomeTaxExpense_1">IPVA and IPTU</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PrepaidTaxOtherThanIncomeTaxExpense" xlink:to="label_PrepaidTaxOtherThanIncomeTaxExpense_1" xlink:title="Label : PrepaidTaxOtherThanIncomeTaxExpense to label_PrepaidTaxOtherThanIncomeTaxExpense_1" />
    <link:label xlink:type="resource" xlink:label="label_PrepaidTaxOtherThanIncomeTaxExpense_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_PrepaidTaxOtherThanIncomeTaxExpense_2" xml:lang="en-US" id="label_PrepaidTaxOtherThanIncomeTaxExpense_2">The amount recognized as an asset for tax other than income tax expense made prior to the period when the economic benefit will be realised.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PrepaidTaxOtherThanIncomeTaxExpense" xlink:to="label_PrepaidTaxOtherThanIncomeTaxExpense_2" xlink:title="Label : PrepaidTaxOtherThanIncomeTaxExpense to label_PrepaidTaxOtherThanIncomeTaxExpense_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_PrepaidContributionOfPrivatePensionFundExpense" xlink:label="PrepaidContributionOfPrivatePensionFundExpense" xlink:title="PrepaidContributionOfPrivatePensionFundExpense" />
    <link:label xlink:type="resource" xlink:label="label_PrepaidContributionOfPrivatePensionFundExpense" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_PrepaidContributionOfPrivatePensionFundExpense" xml:lang="en-US" id="label_PrepaidContributionOfPrivatePensionFundExpense">Contribution - private pension fund (see Note 21.a)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PrepaidContributionOfPrivatePensionFundExpense" xlink:to="label_PrepaidContributionOfPrivatePensionFundExpense" xlink:title="Label : PrepaidContributionOfPrivatePensionFundExpense to label_PrepaidContributionOfPrivatePensionFundExpense" />
    <link:label xlink:type="resource" xlink:label="label_PrepaidContributionOfPrivatePensionFundExpense_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PrepaidContributionOfPrivatePensionFundExpense_1" xml:lang="en-US" id="label_PrepaidContributionOfPrivatePensionFundExpense_1">Prepaid Contribution of Private Pension Fund Expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PrepaidContributionOfPrivatePensionFundExpense" xlink:to="label_PrepaidContributionOfPrivatePensionFundExpense_1" xlink:title="Label : PrepaidContributionOfPrivatePensionFundExpense to label_PrepaidContributionOfPrivatePensionFundExpense_1" />
    <link:label xlink:type="resource" xlink:label="label_PrepaidContributionOfPrivatePensionFundExpense_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_PrepaidContributionOfPrivatePensionFundExpense_2" xml:lang="en-US" id="label_PrepaidContributionOfPrivatePensionFundExpense_2">The amount recognized as an asset for private pension fund contribution made prior to the period when the economic benefit will be realised.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PrepaidContributionOfPrivatePensionFundExpense" xlink:to="label_PrepaidContributionOfPrivatePensionFundExpense_2" xlink:title="Label : PrepaidContributionOfPrivatePensionFundExpense to label_PrepaidContributionOfPrivatePensionFundExpense_2" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureInBreakdownOfExpectedLossOnDoubtfulAccountsExplanatoryTextBlock_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DisclosureInBreakdownOfExpectedLossOnDoubtfulAccountsExplanatoryTextBlock_2" xml:lang="en-US" id="label_DisclosureInBreakdownOfExpectedLossOnDoubtfulAccountsExplanatoryTextBlock_2">Breakdown of loss allowance for expected credit losses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureInBreakdownOfExpectedLossOnDoubtfulAccountsExplanatoryTextBlock" xlink:to="label_DisclosureInBreakdownOfExpectedLossOnDoubtfulAccountsExplanatoryTextBlock_2" xlink:title="Label : DisclosureInBreakdownOfExpectedLossOnDoubtfulAccountsExplanatoryTextBlock to label_DisclosureInBreakdownOfExpectedLossOnDoubtfulAccountsExplanatoryTextBlock_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_OtherPrepaidExpenses" xlink:label="OtherPrepaidExpenses" xlink:title="OtherPrepaidExpenses" />
    <link:label xlink:type="resource" xlink:label="label_OtherPrepaidExpenses" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_OtherPrepaidExpenses" xml:lang="en-US" id="label_OtherPrepaidExpenses">The amount of other receivables that represent amounts paid for goods and services before they have been delivered.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherPrepaidExpenses" xlink:to="label_OtherPrepaidExpenses" xlink:title="Label : OtherPrepaidExpenses to label_OtherPrepaidExpenses" />
    <link:label xlink:type="resource" xlink:label="label_OtherPrepaidExpenses_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherPrepaidExpenses_1" xml:lang="en-US" id="label_OtherPrepaidExpenses_1">Other prepaid expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherPrepaidExpenses" xlink:to="label_OtherPrepaidExpenses_1" xlink:title="Label : OtherPrepaidExpenses to label_OtherPrepaidExpenses_1" />
    <link:label xlink:type="resource" xlink:label="label_OtherPrepaidExpenses_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherPrepaidExpenses_2" xml:lang="en-US" id="label_OtherPrepaidExpenses_2">Other Prepaid Expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherPrepaidExpenses" xlink:to="label_OtherPrepaidExpenses_2" xlink:title="Label : OtherPrepaidExpenses to label_OtherPrepaidExpenses_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_Prepayments" xlink:label="Prepayments" xlink:title="Prepayments" />
    <link:label xlink:type="resource" xlink:label="label_Prepayments" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_Prepayments" xml:lang="en-US" id="label_Prepayments">Prepaid expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Prepayments" xlink:to="label_Prepayments" xlink:title="Label : Prepayments to label_Prepayments" />
    <link:label xlink:type="resource" xlink:label="label_Prepayments_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_Prepayments_1" xml:lang="en-US" id="label_Prepayments_1">Prepayments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Prepayments" xlink:to="label_Prepayments_1" xlink:title="Label : Prepayments to label_Prepayments_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ContractAssetsAbstract" xlink:label="ContractAssetsAbstract" xlink:title="ContractAssetsAbstract" />
    <link:label xlink:type="resource" xlink:label="label_ContractAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ContractAssetsAbstract" xml:lang="en-US" id="label_ContractAssetsAbstract">Contract assets [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContractAssetsAbstract" xlink:to="label_ContractAssetsAbstract" xlink:title="Label : ContractAssetsAbstract to label_ContractAssetsAbstract" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ContractAssets" xlink:label="ContractAssets" xlink:title="ContractAssets" />
    <link:label xlink:type="resource" xlink:label="label_ContractAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ContractAssets" xml:lang="en-US" id="label_ContractAssets">Contract assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContractAssets" xlink:to="label_ContractAssets" xlink:title="Label : ContractAssets to label_ContractAssets" />
    <link:label xlink:type="resource" xlink:label="label_ContractAssets_1" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:title="label_ContractAssets_1" xml:lang="en-US" id="label_ContractAssets_1">Initial balance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContractAssets" xlink:to="label_ContractAssets_1" xlink:title="Label : ContractAssets to label_ContractAssets_1" />
    <link:label xlink:type="resource" xlink:label="label_ContractAssets_2" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:title="label_ContractAssets_2" xml:lang="en-US" id="label_ContractAssets_2">Final balance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContractAssets" xlink:to="label_ContractAssets_2" xlink:title="Label : ContractAssets to label_ContractAssets_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IncreaseDecreaseThroughCumulativeCatchupAdjustmentsToRevenueContractAssets" xlink:label="IncreaseDecreaseThroughCumulativeCatchupAdjustmentsToRevenueContractAssets" xlink:title="IncreaseDecreaseThroughCumulativeCatchupAdjustmentsToRevenueContractAssets" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughCumulativeCatchupAdjustmentsToRevenueContractAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IncreaseDecreaseThroughCumulativeCatchupAdjustmentsToRevenueContractAssets" xml:lang="en-US" id="label_IncreaseDecreaseThroughCumulativeCatchupAdjustmentsToRevenueContractAssets">Additions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughCumulativeCatchupAdjustmentsToRevenueContractAssets" xlink:to="label_IncreaseDecreaseThroughCumulativeCatchupAdjustmentsToRevenueContractAssets" xlink:title="Label : IncreaseDecreaseThroughCumulativeCatchupAdjustmentsToRevenueContractAssets to label_IncreaseDecreaseThroughCumulativeCatchupAdjustmentsToRevenueContractAssets" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughCumulativeCatchupAdjustmentsToRevenueContractAssets_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseDecreaseThroughCumulativeCatchupAdjustmentsToRevenueContractAssets_1" xml:lang="en-US" id="label_IncreaseDecreaseThroughCumulativeCatchupAdjustmentsToRevenueContractAssets_1">Increase (decrease) through cumulative catch-up adjustments to revenue, contract assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughCumulativeCatchupAdjustmentsToRevenueContractAssets" xlink:to="label_IncreaseDecreaseThroughCumulativeCatchupAdjustmentsToRevenueContractAssets_1" xlink:title="Label : IncreaseDecreaseThroughCumulativeCatchupAdjustmentsToRevenueContractAssets to label_IncreaseDecreaseThroughCumulativeCatchupAdjustmentsToRevenueContractAssets_1" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughCumulativeCatchupAdjustmentsToRevenueContractAssets_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_IncreaseDecreaseThroughCumulativeCatchupAdjustmentsToRevenueContractAssets_2" xml:lang="en-US" id="label_IncreaseDecreaseThroughCumulativeCatchupAdjustmentsToRevenueContractAssets_2">Addition on contractual assets with customers &#x2013; exclusive rights</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughCumulativeCatchupAdjustmentsToRevenueContractAssets" xlink:to="label_IncreaseDecreaseThroughCumulativeCatchupAdjustmentsToRevenueContractAssets_2" xlink:title="Label : IncreaseDecreaseThroughCumulativeCatchupAdjustmentsToRevenueContractAssets to label_IncreaseDecreaseThroughCumulativeCatchupAdjustmentsToRevenueContractAssets_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DecreaseThroughImpairmentContractAssets" xlink:label="DecreaseThroughImpairmentContractAssets" xlink:title="DecreaseThroughImpairmentContractAssets" />
    <link:label xlink:type="resource" xlink:label="label_DecreaseThroughImpairmentContractAssets" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_DecreaseThroughImpairmentContractAssets" xml:lang="en-US" id="label_DecreaseThroughImpairmentContractAssets">Amortization</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecreaseThroughImpairmentContractAssets" xlink:to="label_DecreaseThroughImpairmentContractAssets" xlink:title="Label : DecreaseThroughImpairmentContractAssets to label_DecreaseThroughImpairmentContractAssets" />
    <link:label xlink:type="resource" xlink:label="label_DecreaseThroughImpairmentContractAssets_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DecreaseThroughImpairmentContractAssets_1" xml:lang="en-US" id="label_DecreaseThroughImpairmentContractAssets_1">Decrease through impairment, contract assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecreaseThroughImpairmentContractAssets" xlink:to="label_DecreaseThroughImpairmentContractAssets_1" xlink:title="Label : DecreaseThroughImpairmentContractAssets to label_DecreaseThroughImpairmentContractAssets_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DecreaseThroughTransferOfContractAssets" xlink:label="DecreaseThroughTransferOfContractAssets" xlink:title="DecreaseThroughTransferOfContractAssets" />
    <link:label xlink:type="resource" xlink:label="label_DecreaseThroughTransferOfContractAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DecreaseThroughTransferOfContractAssets" xml:lang="en-US" id="label_DecreaseThroughTransferOfContractAssets">Decrease Through Transfer of Contract Assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecreaseThroughTransferOfContractAssets" xlink:to="label_DecreaseThroughTransferOfContractAssets" xlink:title="Label : DecreaseThroughTransferOfContractAssets to label_DecreaseThroughTransferOfContractAssets" />
    <link:label xlink:type="resource" xlink:label="label_DecreaseThroughTransferOfContractAssets_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_DecreaseThroughTransferOfContractAssets_1" xml:lang="en-US" id="label_DecreaseThroughTransferOfContractAssets_1">Transfer</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecreaseThroughTransferOfContractAssets" xlink:to="label_DecreaseThroughTransferOfContractAssets_1" xlink:title="Label : DecreaseThroughTransferOfContractAssets to label_DecreaseThroughTransferOfContractAssets_1" />
    <link:label xlink:type="resource" xlink:label="label_DecreaseThroughTransferOfContractAssets_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DecreaseThroughTransferOfContractAssets_2" xml:lang="en-US" id="label_DecreaseThroughTransferOfContractAssets_2">The decrease in contract assets resulting from transfers.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecreaseThroughTransferOfContractAssets" xlink:to="label_DecreaseThroughTransferOfContractAssets_2" xlink:title="Label : DecreaseThroughTransferOfContractAssets to label_DecreaseThroughTransferOfContractAssets_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfJointVenturesTable" xlink:label="DisclosureOfJointVenturesTable" xlink:title="DisclosureOfJointVenturesTable" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfJointVenturesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfJointVenturesTable" xml:lang="en-US" id="label_DisclosureOfJointVenturesTable">Disclosure of joint ventures [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfJointVenturesTable" xlink:to="label_DisclosureOfJointVenturesTable" xlink:title="Label : DisclosureOfJointVenturesTable to label_DisclosureOfJointVenturesTable" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfJointVenturesTable_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DisclosureOfJointVenturesTable_1" xml:lang="en-US" id="label_DisclosureOfJointVenturesTable_1">Disclosure of joint ventures [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfJointVenturesTable" xlink:to="label_DisclosureOfJointVenturesTable_1" xlink:title="Label : DisclosureOfJointVenturesTable to label_DisclosureOfJointVenturesTable_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_JointVenturesAxis" xlink:label="JointVenturesAxis" xlink:title="JointVenturesAxis" />
    <link:label xlink:type="resource" xlink:label="label_JointVenturesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_JointVenturesAxis" xml:lang="en-US" id="label_JointVenturesAxis">Joint ventures [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="JointVenturesAxis" xlink:to="label_JointVenturesAxis" xlink:title="Label : JointVenturesAxis to label_JointVenturesAxis" />
    <link:label xlink:type="resource" xlink:label="label_JointVenturesAxis_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_JointVenturesAxis_1" xml:lang="en-US" id="label_JointVenturesAxis_1">Joint ventures [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="JointVenturesAxis" xlink:to="label_JointVenturesAxis_1" xlink:title="Label : JointVenturesAxis to label_JointVenturesAxis_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_EntitysTotalForJointVenturesMember" xlink:label="EntitysTotalForJointVenturesMember" xlink:title="EntitysTotalForJointVenturesMember" />
    <link:label xlink:type="resource" xlink:label="label_EntitysTotalForJointVenturesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EntitysTotalForJointVenturesMember" xml:lang="en-US" id="label_EntitysTotalForJointVenturesMember">Entity's total for joint ventures [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntitysTotalForJointVenturesMember" xlink:to="label_EntitysTotalForJointVenturesMember" xlink:title="Label : EntitysTotalForJointVenturesMember to label_EntitysTotalForJointVenturesMember" />
    <link:label xlink:type="resource" xlink:label="label_EntitysTotalForJointVenturesMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_EntitysTotalForJointVenturesMember_1" xml:lang="en-US" id="label_EntitysTotalForJointVenturesMember_1">Entity's total for joint ventures [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntitysTotalForJointVenturesMember" xlink:to="label_EntitysTotalForJointVenturesMember_1" xlink:title="Label : EntitysTotalForJointVenturesMember to label_EntitysTotalForJointVenturesMember_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_UniaoVopakMember" xlink:label="UniaoVopakMember" xlink:title="UniaoVopakMember" />
    <link:label xlink:type="resource" xlink:label="label_UniaoVopakMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_UniaoVopakMember" xml:lang="en-US" id="label_UniaoVopakMember">Uniao vopak [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UniaoVopakMember" xlink:to="label_UniaoVopakMember" xlink:title="Label : UniaoVopakMember to label_UniaoVopakMember" />
    <link:label xlink:type="resource" xlink:label="label_UniaoVopakMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_UniaoVopakMember_1" xml:lang="en-US" id="label_UniaoVopakMember_1">Uniao vopak [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UniaoVopakMember" xlink:to="label_UniaoVopakMember_1" xlink:title="Label : UniaoVopakMember to label_UniaoVopakMember_1" />
    <link:label xlink:type="resource" xlink:label="label_UniaoVopakMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_UniaoVopakMember_2" xml:lang="en-US" id="label_UniaoVopakMember_2">This member stands for the information pertaining to Uni&#xE3;o Vopak.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UniaoVopakMember" xlink:to="label_UniaoVopakMember_2" xlink:title="Label : UniaoVopakMember to label_UniaoVopakMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_RPRMember" xlink:label="RPRMember" xlink:title="RPRMember" />
    <link:label xlink:type="resource" xlink:label="label_RPRMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_RPRMember" xml:lang="en-US" id="label_RPRMember">This member stands for the information pertaining to Refinaria de Petr&#xF3;leo Riograndense S.A.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RPRMember" xlink:to="label_RPRMember" xlink:title="Label : RPRMember to label_RPRMember" />
    <link:label xlink:type="resource" xlink:label="label_RPRMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_RPRMember_1" xml:lang="en-US" id="label_RPRMember_1">Rpr [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RPRMember" xlink:to="label_RPRMember_1" xlink:title="Label : RPRMember to label_RPRMember_1" />
    <link:label xlink:type="resource" xlink:label="label_RPRMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RPRMember_2" xml:lang="en-US" id="label_RPRMember_2">R P R [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RPRMember" xlink:to="label_RPRMember_2" xlink:title="Label : RPRMember to label_RPRMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ConnectCarMember" xlink:label="ConnectCarMember" xlink:title="ConnectCarMember" />
    <link:label xlink:type="resource" xlink:label="label_ConnectCarMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ConnectCarMember" xml:lang="en-US" id="label_ConnectCarMember">Connect car [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConnectCarMember" xlink:to="label_ConnectCarMember" xlink:title="Label : ConnectCarMember to label_ConnectCarMember" />
    <link:label xlink:type="resource" xlink:label="label_ConnectCarMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ConnectCarMember_1" xml:lang="en-US" id="label_ConnectCarMember_1">Connect car [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConnectCarMember" xlink:to="label_ConnectCarMember_1" xlink:title="Label : ConnectCarMember to label_ConnectCarMember_1" />
    <link:label xlink:type="resource" xlink:label="label_ConnectCarMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ConnectCarMember_2" xml:lang="en-US" id="label_ConnectCarMember_2">This member stands for the information pertaining to Connect Car.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConnectCarMember" xlink:to="label_ConnectCarMember_2" xlink:title="Label : ConnectCarMember to label_ConnectCarMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_LatitudeLogsticaMember" xlink:label="LatitudeLogsticaMember" xlink:title="LatitudeLogsticaMember" />
    <link:label xlink:type="resource" xlink:label="label_LatitudeLogsticaMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_LatitudeLogsticaMember" xml:lang="en-US" id="label_LatitudeLogsticaMember">This member stands for the information pertaining to Latitude Log&#xED;stica.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LatitudeLogsticaMember" xlink:to="label_LatitudeLogsticaMember" xlink:title="Label : LatitudeLogsticaMember to label_LatitudeLogsticaMember" />
    <link:label xlink:type="resource" xlink:label="label_LatitudeLogsticaMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LatitudeLogsticaMember_1" xml:lang="en-US" id="label_LatitudeLogsticaMember_1">Latitude Log&#xED;stica [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LatitudeLogsticaMember" xlink:to="label_LatitudeLogsticaMember_1" xlink:title="Label : LatitudeLogsticaMember to label_LatitudeLogsticaMember_1" />
    <link:label xlink:type="resource" xlink:label="label_LatitudeLogsticaMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LatitudeLogsticaMember_2" xml:lang="en-US" id="label_LatitudeLogsticaMember_2">Latitude Logstica [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LatitudeLogsticaMember" xlink:to="label_LatitudeLogsticaMember_2" xlink:title="Label : LatitudeLogsticaMember to label_LatitudeLogsticaMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NavegantesLogsticaMember" xlink:label="NavegantesLogsticaMember" xlink:title="NavegantesLogsticaMember" />
    <link:label xlink:type="resource" xlink:label="label_NavegantesLogsticaMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NavegantesLogsticaMember" xml:lang="en-US" id="label_NavegantesLogsticaMember">Navegantes Logstica [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NavegantesLogsticaMember" xlink:to="label_NavegantesLogsticaMember" xlink:title="Label : NavegantesLogsticaMember to label_NavegantesLogsticaMember" />
    <link:label xlink:type="resource" xlink:label="label_NavegantesLogsticaMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NavegantesLogsticaMember_1" xml:lang="en-US" id="label_NavegantesLogsticaMember_1">Navegantes Log&#xED;stica [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NavegantesLogsticaMember" xlink:to="label_NavegantesLogsticaMember_1" xlink:title="Label : NavegantesLogsticaMember to label_NavegantesLogsticaMember_1" />
    <link:label xlink:type="resource" xlink:label="label_NavegantesLogsticaMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_NavegantesLogsticaMember_2" xml:lang="en-US" id="label_NavegantesLogsticaMember_2">This member stands for the information pertaining to Navegantes Log&#xED;stica.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NavegantesLogsticaMember" xlink:to="label_NavegantesLogsticaMember_2" xlink:title="Label : NavegantesLogsticaMember to label_NavegantesLogsticaMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NordesteLogsticaIMember" xlink:label="NordesteLogsticaIMember" xlink:title="NordesteLogsticaIMember" />
    <link:label xlink:type="resource" xlink:label="label_NordesteLogsticaIMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NordesteLogsticaIMember" xml:lang="en-US" id="label_NordesteLogsticaIMember">Nordeste Logstica I [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NordesteLogsticaIMember" xlink:to="label_NordesteLogsticaIMember" xlink:title="Label : NordesteLogsticaIMember to label_NordesteLogsticaIMember" />
    <link:label xlink:type="resource" xlink:label="label_NordesteLogsticaIMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NordesteLogsticaIMember_1" xml:lang="en-US" id="label_NordesteLogsticaIMember_1">Nordeste Log&#xED;stica I [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NordesteLogsticaIMember" xlink:to="label_NordesteLogsticaIMember_1" xlink:title="Label : NordesteLogsticaIMember to label_NordesteLogsticaIMember_1" />
    <link:label xlink:type="resource" xlink:label="label_NordesteLogsticaIMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_NordesteLogsticaIMember_2" xml:lang="en-US" id="label_NordesteLogsticaIMember_2">This member stands for the information pertaining to Nordeste Log&#xED;stica I.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NordesteLogsticaIMember" xlink:to="label_NordesteLogsticaIMember_2" xlink:title="Label : NordesteLogsticaIMember to label_NordesteLogsticaIMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NordesteLogsticaIIMember" xlink:label="NordesteLogsticaIIMember" xlink:title="NordesteLogsticaIIMember" />
    <link:label xlink:type="resource" xlink:label="label_NordesteLogsticaIIMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NordesteLogsticaIIMember" xml:lang="en-US" id="label_NordesteLogsticaIIMember">Nordeste Logstica II [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NordesteLogsticaIIMember" xlink:to="label_NordesteLogsticaIIMember" xlink:title="Label : NordesteLogsticaIIMember to label_NordesteLogsticaIIMember" />
    <link:label xlink:type="resource" xlink:label="label_NordesteLogsticaIIMember_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_NordesteLogsticaIIMember_1" xml:lang="en-US" id="label_NordesteLogsticaIIMember_1">This member stands for the information pertaining to Nordeste Log&#xED;stica II.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NordesteLogsticaIIMember" xlink:to="label_NordesteLogsticaIIMember_1" xlink:title="Label : NordesteLogsticaIIMember to label_NordesteLogsticaIIMember_1" />
    <link:label xlink:type="resource" xlink:label="label_NordesteLogsticaIIMember_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NordesteLogsticaIIMember_2" xml:lang="en-US" id="label_NordesteLogsticaIIMember_2">Nordeste Log&#xED;stica II [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NordesteLogsticaIIMember" xlink:to="label_NordesteLogsticaIIMember_2" xlink:title="Label : NordesteLogsticaIIMember to label_NordesteLogsticaIIMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NordesteLogsticaIIIMember" xlink:label="NordesteLogsticaIIIMember" xlink:title="NordesteLogsticaIIIMember" />
    <link:label xlink:type="resource" xlink:label="label_NordesteLogsticaIIIMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NordesteLogsticaIIIMember" xml:lang="en-US" id="label_NordesteLogsticaIIIMember">Nordeste Log&#xED;stica III [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NordesteLogsticaIIIMember" xlink:to="label_NordesteLogsticaIIIMember" xlink:title="Label : NordesteLogsticaIIIMember to label_NordesteLogsticaIIIMember" />
    <link:label xlink:type="resource" xlink:label="label_NordesteLogsticaIIIMember_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_NordesteLogsticaIIIMember_1" xml:lang="en-US" id="label_NordesteLogsticaIIIMember_1">This member stands for the information pertaining to Nordeste Log&#xED;stica III.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NordesteLogsticaIIIMember" xlink:to="label_NordesteLogsticaIIIMember_1" xlink:title="Label : NordesteLogsticaIIIMember to label_NordesteLogsticaIIIMember_1" />
    <link:label xlink:type="resource" xlink:label="label_NordesteLogsticaIIIMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NordesteLogsticaIIIMember_2" xml:lang="en-US" id="label_NordesteLogsticaIIIMember_2">Nordeste Logstica III [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NordesteLogsticaIIIMember" xlink:to="label_NordesteLogsticaIIIMember_2" xlink:title="Label : NordesteLogsticaIIIMember to label_NordesteLogsticaIIIMember_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_JointVenturesMember" xlink:label="JointVenturesMember" xlink:title="JointVenturesMember" />
    <link:label xlink:type="resource" xlink:label="label_JointVenturesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_JointVenturesMember" xml:lang="en-US" id="label_JointVenturesMember">Joint ventures [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="JointVenturesMember" xlink:to="label_JointVenturesMember" xlink:title="Label : JointVenturesMember to label_JointVenturesMember" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfJointVenturesLineItems" xlink:label="DisclosureOfJointVenturesLineItems" xlink:title="DisclosureOfJointVenturesLineItems" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfJointVenturesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfJointVenturesLineItems" xml:lang="en-US" id="label_DisclosureOfJointVenturesLineItems">Disclosure of joint ventures [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfJointVenturesLineItems" xlink:to="label_DisclosureOfJointVenturesLineItems" xlink:title="Label : DisclosureOfJointVenturesLineItems to label_DisclosureOfJointVenturesLineItems" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfJointVenturesLineItems_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DisclosureOfJointVenturesLineItems_1" xml:lang="en-US" id="label_DisclosureOfJointVenturesLineItems_1">Disclosure of joint ventures [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfJointVenturesLineItems" xlink:to="label_DisclosureOfJointVenturesLineItems_1" xlink:title="Label : DisclosureOfJointVenturesLineItems to label_DisclosureOfJointVenturesLineItems_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_CapitalIncreaseJointVentures" xlink:label="CapitalIncreaseJointVentures" xlink:title="CapitalIncreaseJointVentures" />
    <link:label xlink:type="resource" xlink:label="label_CapitalIncreaseJointVentures" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CapitalIncreaseJointVentures" xml:lang="en-US" id="label_CapitalIncreaseJointVentures">Capital increase</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalIncreaseJointVentures" xlink:to="label_CapitalIncreaseJointVentures" xlink:title="Label : CapitalIncreaseJointVentures to label_CapitalIncreaseJointVentures" />
    <link:label xlink:type="resource" xlink:label="label_CapitalIncreaseJointVentures_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CapitalIncreaseJointVentures_1" xml:lang="en-US" id="label_CapitalIncreaseJointVentures_1">Capital increase joint ventures</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalIncreaseJointVentures" xlink:to="label_CapitalIncreaseJointVentures_1" xlink:title="Label : CapitalIncreaseJointVentures to label_CapitalIncreaseJointVentures_1" />
    <link:label xlink:type="resource" xlink:label="label_CapitalIncreaseJointVentures_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_CapitalIncreaseJointVentures_2" xml:lang="en-US" id="label_CapitalIncreaseJointVentures_2">The amount of increase in capital of joint ventures.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalIncreaseJointVentures" xlink:to="label_CapitalIncreaseJointVentures_2" xlink:title="Label : CapitalIncreaseJointVentures to label_CapitalIncreaseJointVentures_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_CapitalReductionJointVentures" xlink:label="CapitalReductionJointVentures" xlink:title="CapitalReductionJointVentures" />
    <link:label xlink:type="resource" xlink:label="label_CapitalReductionJointVentures" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_CapitalReductionJointVentures" xml:lang="en-US" id="label_CapitalReductionJointVentures">The amount of capital reduction in joint ventures.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalReductionJointVentures" xlink:to="label_CapitalReductionJointVentures" xlink:title="Label : CapitalReductionJointVentures to label_CapitalReductionJointVentures" />
    <link:label xlink:type="resource" xlink:label="label_CapitalReductionJointVentures_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_CapitalReductionJointVentures_1" xml:lang="en-US" id="label_CapitalReductionJointVentures_1">Capital decrease</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalReductionJointVentures" xlink:to="label_CapitalReductionJointVentures_1" xlink:title="Label : CapitalReductionJointVentures to label_CapitalReductionJointVentures_1" />
    <link:label xlink:type="resource" xlink:label="label_CapitalReductionJointVentures_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CapitalReductionJointVentures_2" xml:lang="en-US" id="label_CapitalReductionJointVentures_2">Capital Reduction Joint Ventures</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalReductionJointVentures" xlink:to="label_CapitalReductionJointVentures_2" xlink:title="Label : CapitalReductionJointVentures to label_CapitalReductionJointVentures_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DividendsReceived" xlink:label="DividendsReceived" xlink:title="DividendsReceived" />
    <link:label xlink:type="resource" xlink:label="label_DividendsReceived" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_DividendsReceived" xml:lang="en-US" id="label_DividendsReceived">Proposed dividends</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DividendsReceived" xlink:to="label_DividendsReceived" xlink:title="Label : DividendsReceived to label_DividendsReceived" />
    <link:label xlink:type="resource" xlink:label="label_DividendsReceived_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DividendsReceived_1" xml:lang="en-US" id="label_DividendsReceived_1">Dividends received</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DividendsReceived" xlink:to="label_DividendsReceived_1" xlink:title="Label : DividendsReceived to label_DividendsReceived_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod" xlink:label="ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod" xlink:title="ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod" />
    <link:label xlink:type="resource" xlink:label="label_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod" xml:lang="en-US" id="label_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod">Share of profit (loss) of joint ventures accounted for using equity method</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod" xlink:to="label_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod" xlink:title="Label : ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod to label_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod" />
    <link:label xlink:type="resource" xlink:label="label_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod_1" xml:lang="en-US" id="label_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod_1">Share of profit (loss) of joint ventures</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod" xlink:to="label_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod_1" xlink:title="Label : ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod to label_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod_1" />
    <link:label xlink:type="resource" xlink:label="label_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod_2" xml:lang="en-US" id="label_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod_2">Joint ventures</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod" xlink:to="label_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod_2" xlink:title="Label : ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod to label_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NetFinancialIncomeAndIncomeAndSocialContributionTaxes" xlink:label="NetFinancialIncomeAndIncomeAndSocialContributionTaxes" xlink:title="NetFinancialIncomeAndIncomeAndSocialContributionTaxes" />
    <link:label xlink:type="resource" xlink:label="label_NetFinancialIncomeAndIncomeAndSocialContributionTaxes" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_NetFinancialIncomeAndIncomeAndSocialContributionTaxes" xml:lang="en-US" id="label_NetFinancialIncomeAndIncomeAndSocialContributionTaxes">The amount of net financial income and income and social contribution taxes.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetFinancialIncomeAndIncomeAndSocialContributionTaxes" xlink:to="label_NetFinancialIncomeAndIncomeAndSocialContributionTaxes" xlink:title="Label : NetFinancialIncomeAndIncomeAndSocialContributionTaxes to label_NetFinancialIncomeAndIncomeAndSocialContributionTaxes" />
    <link:label xlink:type="resource" xlink:label="label_NetFinancialIncomeAndIncomeAndSocialContributionTaxes_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NetFinancialIncomeAndIncomeAndSocialContributionTaxes_1" xml:lang="en-US" id="label_NetFinancialIncomeAndIncomeAndSocialContributionTaxes_1">Net financial income and income and social contribution taxes</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetFinancialIncomeAndIncomeAndSocialContributionTaxes" xlink:to="label_NetFinancialIncomeAndIncomeAndSocialContributionTaxes_1" xlink:title="Label : NetFinancialIncomeAndIncomeAndSocialContributionTaxes to label_NetFinancialIncomeAndIncomeAndSocialContributionTaxes_1" />
    <link:label xlink:type="resource" xlink:label="label_NetFinancialIncomeAndIncomeAndSocialContributionTaxes_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NetFinancialIncomeAndIncomeAndSocialContributionTaxes_2" xml:lang="en-US" id="label_NetFinancialIncomeAndIncomeAndSocialContributionTaxes_2">Net Financial income and income and social contribution taxes</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetFinancialIncomeAndIncomeAndSocialContributionTaxes" xlink:to="label_NetFinancialIncomeAndIncomeAndSocialContributionTaxes_2" xlink:title="Label : NetFinancialIncomeAndIncomeAndSocialContributionTaxes to label_NetFinancialIncomeAndIncomeAndSocialContributionTaxes_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NumberOfSharesOrUnitsHeld" xlink:label="NumberOfSharesOrUnitsHeld" xlink:title="NumberOfSharesOrUnitsHeld" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfSharesOrUnitsHeld" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_NumberOfSharesOrUnitsHeld" xml:lang="en-US" id="label_NumberOfSharesOrUnitsHeld">The number of shares or units held by the reporting entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfSharesOrUnitsHeld" xlink:to="label_NumberOfSharesOrUnitsHeld" xlink:title="Label : NumberOfSharesOrUnitsHeld to label_NumberOfSharesOrUnitsHeld" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfSharesOrUnitsHeld_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NumberOfSharesOrUnitsHeld_1" xml:lang="en-US" id="label_NumberOfSharesOrUnitsHeld_1">Number of shares or units held</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfSharesOrUnitsHeld" xlink:to="label_NumberOfSharesOrUnitsHeld_1" xlink:title="Label : NumberOfSharesOrUnitsHeld to label_NumberOfSharesOrUnitsHeld_1" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfSharesOrUnitsHeld_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NumberOfSharesOrUnitsHeld_2" xml:lang="en-US" id="label_NumberOfSharesOrUnitsHeld_2">Number of shares or units held</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfSharesOrUnitsHeld" xlink:to="label_NumberOfSharesOrUnitsHeld_2" xlink:title="Label : NumberOfSharesOrUnitsHeld to label_NumberOfSharesOrUnitsHeld_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ProportionOfOwnershipInterestInJointVenture" xlink:label="ProportionOfOwnershipInterestInJointVenture" xlink:title="ProportionOfOwnershipInterestInJointVenture" />
    <link:label xlink:type="resource" xlink:label="label_ProportionOfOwnershipInterestInJointVenture" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ProportionOfOwnershipInterestInJointVenture" xml:lang="en-US" id="label_ProportionOfOwnershipInterestInJointVenture">% of capital held</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProportionOfOwnershipInterestInJointVenture" xlink:to="label_ProportionOfOwnershipInterestInJointVenture" xlink:title="Label : ProportionOfOwnershipInterestInJointVenture to label_ProportionOfOwnershipInterestInJointVenture" />
    <link:label xlink:type="resource" xlink:label="label_ProportionOfOwnershipInterestInJointVenture_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ProportionOfOwnershipInterestInJointVenture_1" xml:lang="en-US" id="label_ProportionOfOwnershipInterestInJointVenture_1">Proportion of ownership interest in joint venture</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProportionOfOwnershipInterestInJointVenture" xlink:to="label_ProportionOfOwnershipInterestInJointVenture_1" xlink:title="Label : ProportionOfOwnershipInterestInJointVenture to label_ProportionOfOwnershipInterestInJointVenture_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesTable" xlink:label="DisclosureOfSignificantInvestmentsInAssociatesTable" xlink:title="DisclosureOfSignificantInvestmentsInAssociatesTable" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfSignificantInvestmentsInAssociatesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfSignificantInvestmentsInAssociatesTable" xml:lang="en-US" id="label_DisclosureOfSignificantInvestmentsInAssociatesTable">Disclosure of associates [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfSignificantInvestmentsInAssociatesTable" xlink:to="label_DisclosureOfSignificantInvestmentsInAssociatesTable" xlink:title="Label : DisclosureOfSignificantInvestmentsInAssociatesTable to label_DisclosureOfSignificantInvestmentsInAssociatesTable" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_TransportadoraSulbrasileiraDeGasMember" xlink:label="TransportadoraSulbrasileiraDeGasMember" xlink:title="TransportadoraSulbrasileiraDeGasMember" />
    <link:label xlink:type="resource" xlink:label="label_TransportadoraSulbrasileiraDeGasMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TransportadoraSulbrasileiraDeGasMember" xml:lang="en-US" id="label_TransportadoraSulbrasileiraDeGasMember">Transportadora sulbrasileira de gas [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TransportadoraSulbrasileiraDeGasMember" xlink:to="label_TransportadoraSulbrasileiraDeGasMember" xlink:title="Label : TransportadoraSulbrasileiraDeGasMember to label_TransportadoraSulbrasileiraDeGasMember" />
    <link:label xlink:type="resource" xlink:label="label_TransportadoraSulbrasileiraDeGasMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TransportadoraSulbrasileiraDeGasMember_1" xml:lang="en-US" id="label_TransportadoraSulbrasileiraDeGasMember_1">Transportadora sulbrasileira de gas [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TransportadoraSulbrasileiraDeGasMember" xlink:to="label_TransportadoraSulbrasileiraDeGasMember_1" xlink:title="Label : TransportadoraSulbrasileiraDeGasMember to label_TransportadoraSulbrasileiraDeGasMember_1" />
    <link:label xlink:type="resource" xlink:label="label_TransportadoraSulbrasileiraDeGasMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_TransportadoraSulbrasileiraDeGasMember_2" xml:lang="en-US" id="label_TransportadoraSulbrasileiraDeGasMember_2">This member stands for the information pertaining to Transportadora Sulbrasileira de G&#xE1;s S.A.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TransportadoraSulbrasileiraDeGasMember" xlink:to="label_TransportadoraSulbrasileiraDeGasMember_2" xlink:title="Label : TransportadoraSulbrasileiraDeGasMember to label_TransportadoraSulbrasileiraDeGasMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_MetalurgicaPlusMember" xlink:label="MetalurgicaPlusMember" xlink:title="MetalurgicaPlusMember" />
    <link:label xlink:type="resource" xlink:label="label_MetalurgicaPlusMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MetalurgicaPlusMember" xml:lang="en-US" id="label_MetalurgicaPlusMember">Metalurgica plus [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MetalurgicaPlusMember" xlink:to="label_MetalurgicaPlusMember" xlink:title="Label : MetalurgicaPlusMember to label_MetalurgicaPlusMember" />
    <link:label xlink:type="resource" xlink:label="label_MetalurgicaPlusMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_MetalurgicaPlusMember_1" xml:lang="en-US" id="label_MetalurgicaPlusMember_1">Metalurgica plus [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MetalurgicaPlusMember" xlink:to="label_MetalurgicaPlusMember_1" xlink:title="Label : MetalurgicaPlusMember to label_MetalurgicaPlusMember_1" />
    <link:label xlink:type="resource" xlink:label="label_MetalurgicaPlusMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_MetalurgicaPlusMember_2" xml:lang="en-US" id="label_MetalurgicaPlusMember_2">This member stands for the information pertaining to Metal&#xFA;rgica Plus S.A.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MetalurgicaPlusMember" xlink:to="label_MetalurgicaPlusMember_2" xlink:title="Label : MetalurgicaPlusMember to label_MetalurgicaPlusMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_PlenogasDistribuidoraDeGasMember" xlink:label="PlenogasDistribuidoraDeGasMember" xlink:title="PlenogasDistribuidoraDeGasMember" />
    <link:label xlink:type="resource" xlink:label="label_PlenogasDistribuidoraDeGasMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PlenogasDistribuidoraDeGasMember" xml:lang="en-US" id="label_PlenogasDistribuidoraDeGasMember">Plenogas distribuidora de gas [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PlenogasDistribuidoraDeGasMember" xlink:to="label_PlenogasDistribuidoraDeGasMember" xlink:title="Label : PlenogasDistribuidoraDeGasMember to label_PlenogasDistribuidoraDeGasMember" />
    <link:label xlink:type="resource" xlink:label="label_PlenogasDistribuidoraDeGasMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_PlenogasDistribuidoraDeGasMember_1" xml:lang="en-US" id="label_PlenogasDistribuidoraDeGasMember_1">Plenogas distribuidora de gas [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PlenogasDistribuidoraDeGasMember" xlink:to="label_PlenogasDistribuidoraDeGasMember_1" xlink:title="Label : PlenogasDistribuidoraDeGasMember to label_PlenogasDistribuidoraDeGasMember_1" />
    <link:label xlink:type="resource" xlink:label="label_PlenogasDistribuidoraDeGasMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_PlenogasDistribuidoraDeGasMember_2" xml:lang="en-US" id="label_PlenogasDistribuidoraDeGasMember_2">This member stands for the information pertaining to Plenog&#xE1;s Distribuidora de G&#xE1;s S.A.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PlenogasDistribuidoraDeGasMember" xlink:to="label_PlenogasDistribuidoraDeGasMember_2" xlink:title="Label : PlenogasDistribuidoraDeGasMember to label_PlenogasDistribuidoraDeGasMember_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AssociatesMember" xlink:label="AssociatesMember" xlink:title="AssociatesMember" />
    <link:label xlink:type="resource" xlink:label="label_AssociatesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AssociatesMember" xml:lang="en-US" id="label_AssociatesMember">Associates [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AssociatesMember" xlink:to="label_AssociatesMember" xlink:title="Label : AssociatesMember to label_AssociatesMember" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems" xlink:label="DisclosureOfSignificantInvestmentsInAssociatesLineItems" xlink:title="DisclosureOfSignificantInvestmentsInAssociatesLineItems" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfSignificantInvestmentsInAssociatesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfSignificantInvestmentsInAssociatesLineItems" xml:lang="en-US" id="label_DisclosureOfSignificantInvestmentsInAssociatesLineItems">Disclosure of associates [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfSignificantInvestmentsInAssociatesLineItems" xlink:to="label_DisclosureOfSignificantInvestmentsInAssociatesLineItems" xlink:title="Label : DisclosureOfSignificantInvestmentsInAssociatesLineItems to label_DisclosureOfSignificantInvestmentsInAssociatesLineItems" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_CapitalReductionInAssociates" xlink:label="CapitalReductionInAssociates" xlink:title="CapitalReductionInAssociates" />
    <link:label xlink:type="resource" xlink:label="label_CapitalReductionInAssociates" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CapitalReductionInAssociates" xml:lang="en-US" id="label_CapitalReductionInAssociates">Capital Reduction in Associates</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalReductionInAssociates" xlink:to="label_CapitalReductionInAssociates" xlink:title="Label : CapitalReductionInAssociates to label_CapitalReductionInAssociates" />
    <link:label xlink:type="resource" xlink:label="label_CapitalReductionInAssociates_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CapitalReductionInAssociates_1" xml:lang="en-US" id="label_CapitalReductionInAssociates_1">Capital decrease</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalReductionInAssociates" xlink:to="label_CapitalReductionInAssociates_1" xlink:title="Label : CapitalReductionInAssociates to label_CapitalReductionInAssociates_1" />
    <link:label xlink:type="resource" xlink:label="label_CapitalReductionInAssociates_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_CapitalReductionInAssociates_2" xml:lang="en-US" id="label_CapitalReductionInAssociates_2">The amount of reduction in capital of associates.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalReductionInAssociates" xlink:to="label_CapitalReductionInAssociates_2" xlink:title="Label : CapitalReductionInAssociates to label_CapitalReductionInAssociates_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" xlink:label="ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" xlink:title="ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" />
    <link:label xlink:type="resource" xlink:label="label_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" xml:lang="en-US" id="label_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod">Associates</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" xlink:to="label_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" xlink:title="Label : ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod to label_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" />
    <link:label xlink:type="resource" xlink:label="label_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod_1" xml:lang="en-US" id="label_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod_1">Share of profit (loss) of associates accounted for using equity method</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" xlink:to="label_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod_1" xlink:title="Label : ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod to label_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod_1" />
    <link:label xlink:type="resource" xlink:label="label_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod_2" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod_2" xml:lang="en-US" id="label_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod_2">Share of profit (loss) of associates</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" xlink:to="label_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod_2" xlink:title="Label : ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod to label_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ProportionOfOwnershipInterestInAssociate" xlink:label="ProportionOfOwnershipInterestInAssociate" xlink:title="ProportionOfOwnershipInterestInAssociate" />
    <link:label xlink:type="resource" xlink:label="label_ProportionOfOwnershipInterestInAssociate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ProportionOfOwnershipInterestInAssociate" xml:lang="en-US" id="label_ProportionOfOwnershipInterestInAssociate">% of capital held</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProportionOfOwnershipInterestInAssociate" xlink:to="label_ProportionOfOwnershipInterestInAssociate" xlink:title="Label : ProportionOfOwnershipInterestInAssociate to label_ProportionOfOwnershipInterestInAssociate" />
    <link:label xlink:type="resource" xlink:label="label_ProportionOfOwnershipInterestInAssociate_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ProportionOfOwnershipInterestInAssociate_1" xml:lang="en-US" id="label_ProportionOfOwnershipInterestInAssociate_1">Proportion of ownership interest in associate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProportionOfOwnershipInterestInAssociate" xlink:to="label_ProportionOfOwnershipInterestInAssociate_1" xlink:title="Label : ProportionOfOwnershipInterestInAssociate to label_ProportionOfOwnershipInterestInAssociate_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsTable" xlink:label="DisclosureOfQuantitativeInformationAboutRightofuseAssetsTable" xlink:title="DisclosureOfQuantitativeInformationAboutRightofuseAssetsTable" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfQuantitativeInformationAboutRightofuseAssetsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfQuantitativeInformationAboutRightofuseAssetsTable" xml:lang="en-US" id="label_DisclosureOfQuantitativeInformationAboutRightofuseAssetsTable">Disclosure of quantitative information about right-of-use assets [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfQuantitativeInformationAboutRightofuseAssetsTable" xlink:to="label_DisclosureOfQuantitativeInformationAboutRightofuseAssetsTable" xlink:title="Label : DisclosureOfQuantitativeInformationAboutRightofuseAssetsTable to label_DisclosureOfQuantitativeInformationAboutRightofuseAssetsTable" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfQuantitativeInformationAboutRightofuseAssetsTable_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DisclosureOfQuantitativeInformationAboutRightofuseAssetsTable_1" xml:lang="en-US" id="label_DisclosureOfQuantitativeInformationAboutRightofuseAssetsTable_1">Disclosure of quantitative information about right-of-use assets [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfQuantitativeInformationAboutRightofuseAssetsTable" xlink:to="label_DisclosureOfQuantitativeInformationAboutRightofuseAssetsTable_1" xlink:title="Label : DisclosureOfQuantitativeInformationAboutRightofuseAssetsTable to label_DisclosureOfQuantitativeInformationAboutRightofuseAssetsTable_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ClassesOfAssetsAxis" xlink:label="ClassesOfAssetsAxis" xlink:title="ClassesOfAssetsAxis" />
    <link:label xlink:type="resource" xlink:label="label_ClassesOfAssetsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ClassesOfAssetsAxis" xml:lang="en-US" id="label_ClassesOfAssetsAxis">Classes of assets [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClassesOfAssetsAxis" xlink:to="label_ClassesOfAssetsAxis" xlink:title="Label : ClassesOfAssetsAxis to label_ClassesOfAssetsAxis" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ClassesOfAssetsMember" xlink:label="ClassesOfAssetsMember" xlink:title="ClassesOfAssetsMember" />
    <link:label xlink:type="resource" xlink:label="label_ClassesOfAssetsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ClassesOfAssetsMember" xml:lang="en-US" id="label_ClassesOfAssetsMember">Assets [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClassesOfAssetsMember" xlink:to="label_ClassesOfAssetsMember" xlink:title="Label : ClassesOfAssetsMember to label_ClassesOfAssetsMember" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RightofuseAssetsMember" xlink:label="RightofuseAssetsMember" xlink:title="RightofuseAssetsMember" />
    <link:label xlink:type="resource" xlink:label="label_RightofuseAssetsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_RightofuseAssetsMember" xml:lang="en-US" id="label_RightofuseAssetsMember">Right-of-use assets [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RightofuseAssetsMember" xlink:to="label_RightofuseAssetsMember" xlink:title="Label : RightofuseAssetsMember to label_RightofuseAssetsMember" />
    <link:label xlink:type="resource" xlink:label="label_RightofuseAssetsMember_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RightofuseAssetsMember_1" xml:lang="en-US" id="label_RightofuseAssetsMember_1">Right-of-use assets [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RightofuseAssetsMember" xlink:to="label_RightofuseAssetsMember_1" xlink:title="Label : RightofuseAssetsMember to label_RightofuseAssetsMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:label="ClassesOfPropertyPlantAndEquipmentAxis" xlink:title="ClassesOfPropertyPlantAndEquipmentAxis" />
    <link:label xlink:type="resource" xlink:label="label_ClassesOfPropertyPlantAndEquipmentAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ClassesOfPropertyPlantAndEquipmentAxis" xml:lang="en-US" id="label_ClassesOfPropertyPlantAndEquipmentAxis">Classes of property, plant and equipment [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClassesOfPropertyPlantAndEquipmentAxis" xlink:to="label_ClassesOfPropertyPlantAndEquipmentAxis" xlink:title="Label : ClassesOfPropertyPlantAndEquipmentAxis to label_ClassesOfPropertyPlantAndEquipmentAxis" />
    <link:label xlink:type="resource" xlink:label="label_ClassesOfPropertyPlantAndEquipmentAxis_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ClassesOfPropertyPlantAndEquipmentAxis_1" xml:lang="en-US" id="label_ClassesOfPropertyPlantAndEquipmentAxis_1">Classes of property, plant and equipment [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClassesOfPropertyPlantAndEquipmentAxis" xlink:to="label_ClassesOfPropertyPlantAndEquipmentAxis_1" xlink:title="Label : ClassesOfPropertyPlantAndEquipmentAxis to label_ClassesOfPropertyPlantAndEquipmentAxis_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_PropertyPlantAndEquipmentMember" xlink:label="PropertyPlantAndEquipmentMember" xlink:title="PropertyPlantAndEquipmentMember" />
    <link:label xlink:type="resource" xlink:label="label_PropertyPlantAndEquipmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_PropertyPlantAndEquipmentMember" xml:lang="en-US" id="label_PropertyPlantAndEquipmentMember">Property, plant and equipment [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PropertyPlantAndEquipmentMember" xlink:to="label_PropertyPlantAndEquipmentMember" xlink:title="Label : PropertyPlantAndEquipmentMember to label_PropertyPlantAndEquipmentMember" />
    <link:label xlink:type="resource" xlink:label="label_PropertyPlantAndEquipmentMember_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PropertyPlantAndEquipmentMember_1" xml:lang="en-US" id="label_PropertyPlantAndEquipmentMember_1">Property, plant and equipment [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PropertyPlantAndEquipmentMember" xlink:to="label_PropertyPlantAndEquipmentMember_1" xlink:title="Label : PropertyPlantAndEquipmentMember to label_PropertyPlantAndEquipmentMember_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_RealEstatePropertyMember" xlink:label="RealEstatePropertyMember" xlink:title="RealEstatePropertyMember" />
    <link:label xlink:type="resource" xlink:label="label_RealEstatePropertyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RealEstatePropertyMember" xml:lang="en-US" id="label_RealEstatePropertyMember">Real Estate Property [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RealEstatePropertyMember" xlink:to="label_RealEstatePropertyMember" xlink:title="Label : RealEstatePropertyMember to label_RealEstatePropertyMember" />
    <link:label xlink:type="resource" xlink:label="label_RealEstatePropertyMember_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_RealEstatePropertyMember_1" xml:lang="en-US" id="label_RealEstatePropertyMember_1">This member stands for the information pertaining to Real estate property.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RealEstatePropertyMember" xlink:to="label_RealEstatePropertyMember_1" xlink:title="Label : RealEstatePropertyMember to label_RealEstatePropertyMember_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_PortAreaMember" xlink:label="PortAreaMember" xlink:title="PortAreaMember" />
    <link:label xlink:type="resource" xlink:label="label_PortAreaMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PortAreaMember" xml:lang="en-US" id="label_PortAreaMember">Port Area [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PortAreaMember" xlink:to="label_PortAreaMember" xlink:title="Label : PortAreaMember to label_PortAreaMember" />
    <link:label xlink:type="resource" xlink:label="label_PortAreaMember_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_PortAreaMember_1" xml:lang="en-US" id="label_PortAreaMember_1">This member stands for the information pertaining to Port area.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PortAreaMember" xlink:to="label_PortAreaMember_1" xlink:title="Label : PortAreaMember to label_PortAreaMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_VehiclesMember" xlink:label="VehiclesMember" xlink:title="VehiclesMember" />
    <link:label xlink:type="resource" xlink:label="label_VehiclesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_VehiclesMember" xml:lang="en-US" id="label_VehiclesMember">Vehicles [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="VehiclesMember" xlink:to="label_VehiclesMember" xlink:title="Label : VehiclesMember to label_VehiclesMember" />
    <link:label xlink:type="resource" xlink:label="label_VehiclesMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_VehiclesMember_1" xml:lang="en-US" id="label_VehiclesMember_1">Vehicles [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="VehiclesMember" xlink:to="label_VehiclesMember_1" xlink:title="Label : VehiclesMember to label_VehiclesMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_MachineryMember" xlink:label="MachineryMember" xlink:title="MachineryMember" />
    <link:label xlink:type="resource" xlink:label="label_MachineryMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_MachineryMember" xml:lang="en-US" id="label_MachineryMember">Machinery [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MachineryMember" xlink:to="label_MachineryMember" xlink:title="Label : MachineryMember to label_MachineryMember" />
    <link:label xlink:type="resource" xlink:label="label_MachineryMember_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MachineryMember_1" xml:lang="en-US" id="label_MachineryMember_1">Machinery [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MachineryMember" xlink:to="label_MachineryMember_1" xlink:title="Label : MachineryMember to label_MachineryMember_1" />
    <link:label xlink:type="resource" xlink:label="label_MachineryMember_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_MachineryMember_2" xml:lang="en-US" id="label_MachineryMember_2">Equipment [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MachineryMember" xlink:to="label_MachineryMember_2" xlink:title="Label : MachineryMember to label_MachineryMember_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherAssetsMember" xlink:label="OtherAssetsMember" xlink:title="OtherAssetsMember" />
    <link:label xlink:type="resource" xlink:label="label_OtherAssetsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherAssetsMember" xml:lang="en-US" id="label_OtherAssetsMember">Other assets [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherAssetsMember" xlink:to="label_OtherAssetsMember" xlink:title="Label : OtherAssetsMember to label_OtherAssetsMember" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:label="CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:title="CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" />
    <link:label xlink:type="resource" xlink:label="label_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xml:lang="en-US" id="label_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">Carrying amount, accumulated depreciation, amortisation and impairment and gross carrying amount [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:to="label_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:title="Label : CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis to label_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" />
    <link:label xlink:type="resource" xlink:label="label_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_1" xml:lang="en-US" id="label_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_1">Carrying amount, accumulated depreciation, amortisation and impairment and gross carrying amount [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:to="label_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_1" xlink:title="Label : CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis to label_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CarryingAmountMember" xlink:label="CarryingAmountMember" xlink:title="CarryingAmountMember" />
    <link:label xlink:type="resource" xlink:label="label_CarryingAmountMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CarryingAmountMember" xml:lang="en-US" id="label_CarryingAmountMember">Carrying amount [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CarryingAmountMember" xlink:to="label_CarryingAmountMember" xlink:title="Label : CarryingAmountMember to label_CarryingAmountMember" />
    <link:label xlink:type="resource" xlink:label="label_CarryingAmountMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CarryingAmountMember_1" xml:lang="en-US" id="label_CarryingAmountMember_1">Carrying amount [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CarryingAmountMember" xlink:to="label_CarryingAmountMember_1" xlink:title="Label : CarryingAmountMember to label_CarryingAmountMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_GrossCarryingAmountMember" xlink:label="GrossCarryingAmountMember" xlink:title="GrossCarryingAmountMember" />
    <link:label xlink:type="resource" xlink:label="label_GrossCarryingAmountMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_GrossCarryingAmountMember" xml:lang="en-US" id="label_GrossCarryingAmountMember">Gross carrying amount [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossCarryingAmountMember" xlink:to="label_GrossCarryingAmountMember" xlink:title="Label : GrossCarryingAmountMember to label_GrossCarryingAmountMember" />
    <link:label xlink:type="resource" xlink:label="label_GrossCarryingAmountMember_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_GrossCarryingAmountMember_1" xml:lang="en-US" id="label_GrossCarryingAmountMember_1">Cost [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossCarryingAmountMember" xlink:to="label_GrossCarryingAmountMember_1" xlink:title="Label : GrossCarryingAmountMember to label_GrossCarryingAmountMember_1" />
    <link:label xlink:type="resource" xlink:label="label_GrossCarryingAmountMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GrossCarryingAmountMember_2" xml:lang="en-US" id="label_GrossCarryingAmountMember_2">Gross carrying amount [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossCarryingAmountMember" xlink:to="label_GrossCarryingAmountMember_2" xlink:title="Label : GrossCarryingAmountMember to label_GrossCarryingAmountMember_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AccumulatedDepreciationAndAmortisationMember" xlink:label="AccumulatedDepreciationAndAmortisationMember" xlink:title="AccumulatedDepreciationAndAmortisationMember" />
    <link:label xlink:type="resource" xlink:label="label_AccumulatedDepreciationAndAmortisationMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AccumulatedDepreciationAndAmortisationMember" xml:lang="en-US" id="label_AccumulatedDepreciationAndAmortisationMember">Accumulated depreciation [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccumulatedDepreciationAndAmortisationMember" xlink:to="label_AccumulatedDepreciationAndAmortisationMember" xlink:title="Label : AccumulatedDepreciationAndAmortisationMember to label_AccumulatedDepreciationAndAmortisationMember" />
    <link:label xlink:type="resource" xlink:label="label_AccumulatedDepreciationAndAmortisationMember_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_AccumulatedDepreciationAndAmortisationMember_1" xml:lang="en-US" id="label_AccumulatedDepreciationAndAmortisationMember_1">Accumulated amortization [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccumulatedDepreciationAndAmortisationMember" xlink:to="label_AccumulatedDepreciationAndAmortisationMember_1" xlink:title="Label : AccumulatedDepreciationAndAmortisationMember to label_AccumulatedDepreciationAndAmortisationMember_1" />
    <link:label xlink:type="resource" xlink:label="label_AccumulatedDepreciationAndAmortisationMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AccumulatedDepreciationAndAmortisationMember_2" xml:lang="en-US" id="label_AccumulatedDepreciationAndAmortisationMember_2">Accumulated depreciation and amortisation [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccumulatedDepreciationAndAmortisationMember" xlink:to="label_AccumulatedDepreciationAndAmortisationMember_2" xlink:title="Label : AccumulatedDepreciationAndAmortisationMember to label_AccumulatedDepreciationAndAmortisationMember_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems" xlink:label="DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems" xlink:title="DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems" xml:lang="en-US" id="label_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems">Disclosure of quantitative information about right-of-use assets [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems" xlink:to="label_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems" xlink:title="Label : DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems to label_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems_1" xml:lang="en-US" id="label_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems_1">Disclosure of quantitative information about right-of-use assets [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems" xlink:to="label_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems_1" xlink:title="Label : DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems to label_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" xlink:label="UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" xlink:title="UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" />
    <link:label xlink:type="resource" xlink:label="label_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" xml:lang="en-US" id="label_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment">Useful Life Measured As Period Of Time Property Plant And Equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" xlink:to="label_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" xlink:title="Label : UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment to label_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" />
    <link:label xlink:type="resource" xlink:label="label_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_1" xml:lang="en-US" id="label_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_1">Weighted average useful life</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" xlink:to="label_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_1" xlink:title="Label : UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment to label_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_1" />
    <link:label xlink:type="resource" xlink:label="label_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_2" xml:lang="en-US" id="label_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_2">Property, plant, and equipment, weighted average useful life</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" xlink:to="label_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_2" xlink:title="Label : UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment to label_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AmountOfReclassificationsOrChangesInPresentation" xlink:label="AmountOfReclassificationsOrChangesInPresentation" xlink:title="AmountOfReclassificationsOrChangesInPresentation" />
    <link:label xlink:type="resource" xlink:label="label_AmountOfReclassificationsOrChangesInPresentation" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xlink:title="label_AmountOfReclassificationsOrChangesInPresentation" xml:lang="en-US" id="label_AmountOfReclassificationsOrChangesInPresentation">Intangible assets, IFRS 16</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmountOfReclassificationsOrChangesInPresentation" xlink:to="label_AmountOfReclassificationsOrChangesInPresentation" xlink:title="Label : AmountOfReclassificationsOrChangesInPresentation to label_AmountOfReclassificationsOrChangesInPresentation" />
    <link:label xlink:type="resource" xlink:label="label_AmountOfReclassificationsOrChangesInPresentation_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_AmountOfReclassificationsOrChangesInPresentation_1" xml:lang="en-US" id="label_AmountOfReclassificationsOrChangesInPresentation_1">Adoption IFRS 16 &#x2013; transfer to Note 13.b</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmountOfReclassificationsOrChangesInPresentation" xlink:to="label_AmountOfReclassificationsOrChangesInPresentation_1" xlink:title="Label : AmountOfReclassificationsOrChangesInPresentation to label_AmountOfReclassificationsOrChangesInPresentation_1" />
    <link:label xlink:type="resource" xlink:label="label_AmountOfReclassificationsOrChangesInPresentation_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AmountOfReclassificationsOrChangesInPresentation_2" xml:lang="en-US" id="label_AmountOfReclassificationsOrChangesInPresentation_2">Adoption IFRS 16</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmountOfReclassificationsOrChangesInPresentation" xlink:to="label_AmountOfReclassificationsOrChangesInPresentation_2" xlink:title="Label : AmountOfReclassificationsOrChangesInPresentation to label_AmountOfReclassificationsOrChangesInPresentation_2" />
    <link:label xlink:type="resource" xlink:label="label_AmountOfReclassificationsOrChangesInPresentation_3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AmountOfReclassificationsOrChangesInPresentation_3" xml:lang="en-US" id="label_AmountOfReclassificationsOrChangesInPresentation_3">Amount of reclassifications or changes in presentation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmountOfReclassificationsOrChangesInPresentation" xlink:to="label_AmountOfReclassificationsOrChangesInPresentation_3" xlink:title="Label : AmountOfReclassificationsOrChangesInPresentation to label_AmountOfReclassificationsOrChangesInPresentation_3" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AdditionsToRightofuseAssets" xlink:label="AdditionsToRightofuseAssets" xlink:title="AdditionsToRightofuseAssets" />
    <link:label xlink:type="resource" xlink:label="label_AdditionsToRightofuseAssets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_AdditionsToRightofuseAssets" xml:lang="en-US" id="label_AdditionsToRightofuseAssets">Additions and remeasurement</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionsToRightofuseAssets" xlink:to="label_AdditionsToRightofuseAssets" xlink:title="Label : AdditionsToRightofuseAssets to label_AdditionsToRightofuseAssets" />
    <link:label xlink:type="resource" xlink:label="label_AdditionsToRightofuseAssets_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AdditionsToRightofuseAssets_1" xml:lang="en-US" id="label_AdditionsToRightofuseAssets_1">Initial direct costs of right to use assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionsToRightofuseAssets" xlink:to="label_AdditionsToRightofuseAssets_1" xlink:title="Label : AdditionsToRightofuseAssets to label_AdditionsToRightofuseAssets_1" />
    <link:label xlink:type="resource" xlink:label="label_AdditionsToRightofuseAssets_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdditionsToRightofuseAssets_2" xml:lang="en-US" id="label_AdditionsToRightofuseAssets_2">Additions to right-of-use assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionsToRightofuseAssets" xlink:to="label_AdditionsToRightofuseAssets_2" xlink:title="Label : AdditionsToRightofuseAssets to label_AdditionsToRightofuseAssets_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_WriteOffsOfRightOfUseAssets" xlink:label="WriteOffsOfRightOfUseAssets" xlink:title="WriteOffsOfRightOfUseAssets" />
    <link:label xlink:type="resource" xlink:label="label_WriteOffsOfRightOfUseAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_WriteOffsOfRightOfUseAssets" xml:lang="en-US" id="label_WriteOffsOfRightOfUseAssets">The amount of write-offs during the reporting period of right-of-use assets.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WriteOffsOfRightOfUseAssets" xlink:to="label_WriteOffsOfRightOfUseAssets" xlink:title="Label : WriteOffsOfRightOfUseAssets to label_WriteOffsOfRightOfUseAssets" />
    <link:label xlink:type="resource" xlink:label="label_WriteOffsOfRightOfUseAssets_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_WriteOffsOfRightOfUseAssets_1" xml:lang="en-US" id="label_WriteOffsOfRightOfUseAssets_1">Write-offs</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WriteOffsOfRightOfUseAssets" xlink:to="label_WriteOffsOfRightOfUseAssets_1" xlink:title="Label : WriteOffsOfRightOfUseAssets to label_WriteOffsOfRightOfUseAssets_1" />
    <link:label xlink:type="resource" xlink:label="label_WriteOffsOfRightOfUseAssets_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_WriteOffsOfRightOfUseAssets_2" xml:lang="en-US" id="label_WriteOffsOfRightOfUseAssets_2">Write Offs of Right of Use Assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WriteOffsOfRightOfUseAssets" xlink:to="label_WriteOffsOfRightOfUseAssets_2" xlink:title="Label : WriteOffsOfRightOfUseAssets to label_WriteOffsOfRightOfUseAssets_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_IncreaseDecreaseThroughTransferOfRightOfUseAsset" xlink:label="IncreaseDecreaseThroughTransferOfRightOfUseAsset" xlink:title="IncreaseDecreaseThroughTransferOfRightOfUseAsset" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughTransferOfRightOfUseAsset" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_IncreaseDecreaseThroughTransferOfRightOfUseAsset" xml:lang="en-US" id="label_IncreaseDecreaseThroughTransferOfRightOfUseAsset">The increase (decrease) through transfer of Right of use asset.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughTransferOfRightOfUseAsset" xlink:to="label_IncreaseDecreaseThroughTransferOfRightOfUseAsset" xlink:title="Label : IncreaseDecreaseThroughTransferOfRightOfUseAsset to label_IncreaseDecreaseThroughTransferOfRightOfUseAsset" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughTransferOfRightOfUseAsset_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IncreaseDecreaseThroughTransferOfRightOfUseAsset_1" xml:lang="en-US" id="label_IncreaseDecreaseThroughTransferOfRightOfUseAsset_1">Transfer</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughTransferOfRightOfUseAsset" xlink:to="label_IncreaseDecreaseThroughTransferOfRightOfUseAsset_1" xlink:title="Label : IncreaseDecreaseThroughTransferOfRightOfUseAsset to label_IncreaseDecreaseThroughTransferOfRightOfUseAsset_1" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughTransferOfRightOfUseAsset_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseDecreaseThroughTransferOfRightOfUseAsset_2" xml:lang="en-US" id="label_IncreaseDecreaseThroughTransferOfRightOfUseAsset_2">Increase Decrease Through Transfer Of Right Of Use Asset</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughTransferOfRightOfUseAsset" xlink:to="label_IncreaseDecreaseThroughTransferOfRightOfUseAsset_2" xlink:title="Label : IncreaseDecreaseThroughTransferOfRightOfUseAsset to label_IncreaseDecreaseThroughTransferOfRightOfUseAsset_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets" xlink:label="IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets" xlink:title="IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets" xml:lang="en-US" id="label_IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets">The increase (decrease) in right-of-use assets resulting from net exchange differences arising on the translation of the financial statements from the functional currency into a different presentation currency, including the translation of a foreign operation into the presentation currency of the reporting entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets" xlink:to="label_IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets" xlink:title="Label : IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets to label_IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets_1" xml:lang="en-US" id="label_IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets_1">Effect&#xA0;of&#xA0;foreign currency exchange rate variation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets" xlink:to="label_IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets_1" xlink:title="Label : IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets to label_IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets_1" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets_2" xml:lang="en-US" id="label_IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets_2">Increase (Decrease) Through Net Exchange Differences Right of Use Assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets" xlink:to="label_IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets_2" xlink:title="Label : IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets to label_IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AmortizationOfRightToUseAsset" xlink:label="AmortizationOfRightToUseAsset" xlink:title="AmortizationOfRightToUseAsset" />
    <link:label xlink:type="resource" xlink:label="label_AmortizationOfRightToUseAsset" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_AmortizationOfRightToUseAsset" xml:lang="en-US" id="label_AmortizationOfRightToUseAsset">Amortization expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmortizationOfRightToUseAsset" xlink:to="label_AmortizationOfRightToUseAsset" xlink:title="Label : AmortizationOfRightToUseAsset to label_AmortizationOfRightToUseAsset" />
    <link:label xlink:type="resource" xlink:label="label_AmortizationOfRightToUseAsset_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AmortizationOfRightToUseAsset_1" xml:lang="en-US" id="label_AmortizationOfRightToUseAsset_1">Amortization of Right To Use Asset</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmortizationOfRightToUseAsset" xlink:to="label_AmortizationOfRightToUseAsset_1" xlink:title="Label : AmortizationOfRightToUseAsset to label_AmortizationOfRightToUseAsset_1" />
    <link:label xlink:type="resource" xlink:label="label_AmortizationOfRightToUseAsset_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AmortizationOfRightToUseAsset_2" xml:lang="en-US" id="label_AmortizationOfRightToUseAsset_2">Amortization</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmortizationOfRightToUseAsset" xlink:to="label_AmortizationOfRightToUseAsset_2" xlink:title="Label : AmortizationOfRightToUseAsset to label_AmortizationOfRightToUseAsset_2" />
    <link:label xlink:type="resource" xlink:label="label_AmortizationOfRightToUseAsset_3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AmortizationOfRightToUseAsset_3" xml:lang="en-US" id="label_AmortizationOfRightToUseAsset_3">The amount of amortization of right-of-use assets.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmortizationOfRightToUseAsset" xlink:to="label_AmortizationOfRightToUseAsset_3" xlink:title="Label : AmortizationOfRightToUseAsset to label_AmortizationOfRightToUseAsset_3" />
    <link:label xlink:type="resource" xlink:label="label_AmortizationOfRightToUseAsset_4" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xlink:title="label_AmortizationOfRightToUseAsset_4" xml:lang="en-US" id="label_AmortizationOfRightToUseAsset_4">Amortization of right to use assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmortizationOfRightToUseAsset" xlink:to="label_AmortizationOfRightToUseAsset_4" xlink:title="Label : AmortizationOfRightToUseAsset to label_AmortizationOfRightToUseAsset_4" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_IncomeStatementLocationOneAxis" xlink:label="IncomeStatementLocationOneAxis" xlink:title="IncomeStatementLocationOneAxis" />
    <link:label xlink:type="resource" xlink:label="label_IncomeStatementLocationOneAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncomeStatementLocationOneAxis" xml:lang="en-US" id="label_IncomeStatementLocationOneAxis">Income Statement Location One [Axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeStatementLocationOneAxis" xlink:to="label_IncomeStatementLocationOneAxis" xlink:title="Label : IncomeStatementLocationOneAxis to label_IncomeStatementLocationOneAxis" />
    <link:label xlink:type="resource" xlink:label="label_IncomeStatementLocationOneAxis_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IncomeStatementLocationOneAxis_1" xml:lang="en-US" id="label_IncomeStatementLocationOneAxis_1">Income Statement Location One [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeStatementLocationOneAxis" xlink:to="label_IncomeStatementLocationOneAxis_1" xlink:title="Label : IncomeStatementLocationOneAxis to label_IncomeStatementLocationOneAxis_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_IncomeStatementLocationOneDomain" xlink:label="IncomeStatementLocationOneDomain" xlink:title="IncomeStatementLocationOneDomain" />
    <link:label xlink:type="resource" xlink:label="label_IncomeStatementLocationOneDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncomeStatementLocationOneDomain" xml:lang="en-US" id="label_IncomeStatementLocationOneDomain">Income Statement Location One [Domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeStatementLocationOneDomain" xlink:to="label_IncomeStatementLocationOneDomain" xlink:title="Label : IncomeStatementLocationOneDomain to label_IncomeStatementLocationOneDomain" />
    <link:label xlink:type="resource" xlink:label="label_IncomeStatementLocationOneDomain_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IncomeStatementLocationOneDomain_1" xml:lang="en-US" id="label_IncomeStatementLocationOneDomain_1">Income Statement Location One [domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeStatementLocationOneDomain" xlink:to="label_IncomeStatementLocationOneDomain_1" xlink:title="Label : IncomeStatementLocationOneDomain to label_IncomeStatementLocationOneDomain_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_CostOfProductsAndServicesSoldMember" xlink:label="CostOfProductsAndServicesSoldMember" xlink:title="CostOfProductsAndServicesSoldMember" />
    <link:label xlink:type="resource" xlink:label="label_CostOfProductsAndServicesSoldMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CostOfProductsAndServicesSoldMember" xml:lang="en-US" id="label_CostOfProductsAndServicesSoldMember">Cost of products sold [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CostOfProductsAndServicesSoldMember" xlink:to="label_CostOfProductsAndServicesSoldMember" xlink:title="Label : CostOfProductsAndServicesSoldMember to label_CostOfProductsAndServicesSoldMember" />
    <link:label xlink:type="resource" xlink:label="label_CostOfProductsAndServicesSoldMember_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CostOfProductsAndServicesSoldMember_1" xml:lang="en-US" id="label_CostOfProductsAndServicesSoldMember_1">Cost of Products and Services Sold [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CostOfProductsAndServicesSoldMember" xlink:to="label_CostOfProductsAndServicesSoldMember_1" xlink:title="Label : CostOfProductsAndServicesSoldMember to label_CostOfProductsAndServicesSoldMember_1" />
    <link:label xlink:type="resource" xlink:label="label_CostOfProductsAndServicesSoldMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_CostOfProductsAndServicesSoldMember_2" xml:lang="en-US" id="label_CostOfProductsAndServicesSoldMember_2">This member stands for the information pertaining to cost of products and services sold.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CostOfProductsAndServicesSoldMember" xlink:to="label_CostOfProductsAndServicesSoldMember_2" xlink:title="Label : CostOfProductsAndServicesSoldMember to label_CostOfProductsAndServicesSoldMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_SellingAndMarketingExpensesMember" xlink:label="SellingAndMarketingExpensesMember" xlink:title="SellingAndMarketingExpensesMember" />
    <link:label xlink:type="resource" xlink:label="label_SellingAndMarketingExpensesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_SellingAndMarketingExpensesMember" xml:lang="en-US" id="label_SellingAndMarketingExpensesMember">Selling and marketing expenses [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SellingAndMarketingExpensesMember" xlink:to="label_SellingAndMarketingExpensesMember" xlink:title="Label : SellingAndMarketingExpensesMember to label_SellingAndMarketingExpensesMember" />
    <link:label xlink:type="resource" xlink:label="label_SellingAndMarketingExpensesMember_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SellingAndMarketingExpensesMember_1" xml:lang="en-US" id="label_SellingAndMarketingExpensesMember_1">Selling And Marketing Expenses [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SellingAndMarketingExpensesMember" xlink:to="label_SellingAndMarketingExpensesMember_1" xlink:title="Label : SellingAndMarketingExpensesMember to label_SellingAndMarketingExpensesMember_1" />
    <link:label xlink:type="resource" xlink:label="label_SellingAndMarketingExpensesMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_SellingAndMarketingExpensesMember_2" xml:lang="en-US" id="label_SellingAndMarketingExpensesMember_2">This member stands for the information pertaining to selling and marketing expenses.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SellingAndMarketingExpensesMember" xlink:to="label_SellingAndMarketingExpensesMember_2" xlink:title="Label : SellingAndMarketingExpensesMember to label_SellingAndMarketingExpensesMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_GeneralAndAdministrativeExpensesMember" xlink:label="GeneralAndAdministrativeExpensesMember" xlink:title="GeneralAndAdministrativeExpensesMember" />
    <link:label xlink:type="resource" xlink:label="label_GeneralAndAdministrativeExpensesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_GeneralAndAdministrativeExpensesMember" xml:lang="en-US" id="label_GeneralAndAdministrativeExpensesMember">This member stands for the information pertaining to general and administrative expenses.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GeneralAndAdministrativeExpensesMember" xlink:to="label_GeneralAndAdministrativeExpensesMember" xlink:title="Label : GeneralAndAdministrativeExpensesMember to label_GeneralAndAdministrativeExpensesMember" />
    <link:label xlink:type="resource" xlink:label="label_GeneralAndAdministrativeExpensesMember_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GeneralAndAdministrativeExpensesMember_1" xml:lang="en-US" id="label_GeneralAndAdministrativeExpensesMember_1">General And Administrative Expenses [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GeneralAndAdministrativeExpensesMember" xlink:to="label_GeneralAndAdministrativeExpensesMember_1" xlink:title="Label : GeneralAndAdministrativeExpensesMember to label_GeneralAndAdministrativeExpensesMember_1" />
    <link:label xlink:type="resource" xlink:label="label_GeneralAndAdministrativeExpensesMember_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_GeneralAndAdministrativeExpensesMember_2" xml:lang="en-US" id="label_GeneralAndAdministrativeExpensesMember_2">General and administrative expenses [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GeneralAndAdministrativeExpensesMember" xlink:to="label_GeneralAndAdministrativeExpensesMember_2" xlink:title="Label : GeneralAndAdministrativeExpensesMember to label_GeneralAndAdministrativeExpensesMember_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_InterestExpenseOnLeaseLiabilities" xlink:label="InterestExpenseOnLeaseLiabilities" xlink:title="InterestExpenseOnLeaseLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_InterestExpenseOnLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_InterestExpenseOnLeaseLiabilities" xml:lang="en-US" id="label_InterestExpenseOnLeaseLiabilities">Interest expense on lease liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestExpenseOnLeaseLiabilities" xlink:to="label_InterestExpenseOnLeaseLiabilities" xlink:title="Label : InterestExpenseOnLeaseLiabilities to label_InterestExpenseOnLeaseLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_InterestExpenseOnLeaseLiabilities_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_InterestExpenseOnLeaseLiabilities_1" xml:lang="en-US" id="label_InterestExpenseOnLeaseLiabilities_1">Interest accrued</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestExpenseOnLeaseLiabilities" xlink:to="label_InterestExpenseOnLeaseLiabilities_1" xlink:title="Label : InterestExpenseOnLeaseLiabilities to label_InterestExpenseOnLeaseLiabilities_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CashOutflowForLeases" xlink:label="CashOutflowForLeases" xlink:title="CashOutflowForLeases" />
    <link:label xlink:type="resource" xlink:label="label_CashOutflowForLeases" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CashOutflowForLeases" xml:lang="en-US" id="label_CashOutflowForLeases">Cash outflow for leases</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashOutflowForLeases" xlink:to="label_CashOutflowForLeases" xlink:title="Label : CashOutflowForLeases to label_CashOutflowForLeases" />
    <link:label xlink:type="resource" xlink:label="label_CashOutflowForLeases_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CashOutflowForLeases_1" xml:lang="en-US" id="label_CashOutflowForLeases_1">Payments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashOutflowForLeases" xlink:to="label_CashOutflowForLeases_1" xlink:title="Label : CashOutflowForLeases to label_CashOutflowForLeases_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AdditionsAndRemeasurementOfLeaseLiability" xlink:label="AdditionsAndRemeasurementOfLeaseLiability" xlink:title="AdditionsAndRemeasurementOfLeaseLiability" />
    <link:label xlink:type="resource" xlink:label="label_AdditionsAndRemeasurementOfLeaseLiability" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AdditionsAndRemeasurementOfLeaseLiability" xml:lang="en-US" id="label_AdditionsAndRemeasurementOfLeaseLiability">The amount of additions and remeasurement of lease liabilities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionsAndRemeasurementOfLeaseLiability" xlink:to="label_AdditionsAndRemeasurementOfLeaseLiability" xlink:title="Label : AdditionsAndRemeasurementOfLeaseLiability to label_AdditionsAndRemeasurementOfLeaseLiability" />
    <link:label xlink:type="resource" xlink:label="label_AdditionsAndRemeasurementOfLeaseLiability_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AdditionsAndRemeasurementOfLeaseLiability_1" xml:lang="en-US" id="label_AdditionsAndRemeasurementOfLeaseLiability_1">Additions and remeasurement</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionsAndRemeasurementOfLeaseLiability" xlink:to="label_AdditionsAndRemeasurementOfLeaseLiability_1" xlink:title="Label : AdditionsAndRemeasurementOfLeaseLiability to label_AdditionsAndRemeasurementOfLeaseLiability_1" />
    <link:label xlink:type="resource" xlink:label="label_AdditionsAndRemeasurementOfLeaseLiability_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdditionsAndRemeasurementOfLeaseLiability_2" xml:lang="en-US" id="label_AdditionsAndRemeasurementOfLeaseLiability_2">Additions And Remeasurement Of Lease Liability</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionsAndRemeasurementOfLeaseLiability" xlink:to="label_AdditionsAndRemeasurementOfLeaseLiability_2" xlink:title="Label : AdditionsAndRemeasurementOfLeaseLiability to label_AdditionsAndRemeasurementOfLeaseLiability_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_WriteOffsOfLeaseLiabilities" xlink:label="WriteOffsOfLeaseLiabilities" xlink:title="WriteOffsOfLeaseLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_WriteOffsOfLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_WriteOffsOfLeaseLiabilities" xml:lang="en-US" id="label_WriteOffsOfLeaseLiabilities">The amount of write-offs during the reporting period of lease liabilities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WriteOffsOfLeaseLiabilities" xlink:to="label_WriteOffsOfLeaseLiabilities" xlink:title="Label : WriteOffsOfLeaseLiabilities to label_WriteOffsOfLeaseLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_WriteOffsOfLeaseLiabilities_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_WriteOffsOfLeaseLiabilities_1" xml:lang="en-US" id="label_WriteOffsOfLeaseLiabilities_1">Write-offs</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WriteOffsOfLeaseLiabilities" xlink:to="label_WriteOffsOfLeaseLiabilities_1" xlink:title="Label : WriteOffsOfLeaseLiabilities to label_WriteOffsOfLeaseLiabilities_1" />
    <link:label xlink:type="resource" xlink:label="label_WriteOffsOfLeaseLiabilities_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_WriteOffsOfLeaseLiabilities_2" xml:lang="en-US" id="label_WriteOffsOfLeaseLiabilities_2">Write Offs of Lease Liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WriteOffsOfLeaseLiabilities" xlink:to="label_WriteOffsOfLeaseLiabilities_2" xlink:title="Label : WriteOffsOfLeaseLiabilities to label_WriteOffsOfLeaseLiabilities_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_IncreaseDecreaseThroughNetExchangeDifferencesLeaseLiabilities" xlink:label="IncreaseDecreaseThroughNetExchangeDifferencesLeaseLiabilities" xlink:title="IncreaseDecreaseThroughNetExchangeDifferencesLeaseLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughNetExchangeDifferencesLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IncreaseDecreaseThroughNetExchangeDifferencesLeaseLiabilities" xml:lang="en-US" id="label_IncreaseDecreaseThroughNetExchangeDifferencesLeaseLiabilities">Effect&#xA0;of&#xA0;foreign currency exchange rate variation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughNetExchangeDifferencesLeaseLiabilities" xlink:to="label_IncreaseDecreaseThroughNetExchangeDifferencesLeaseLiabilities" xlink:title="Label : IncreaseDecreaseThroughNetExchangeDifferencesLeaseLiabilities to label_IncreaseDecreaseThroughNetExchangeDifferencesLeaseLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughNetExchangeDifferencesLeaseLiabilities_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_IncreaseDecreaseThroughNetExchangeDifferencesLeaseLiabilities_1" xml:lang="en-US" id="label_IncreaseDecreaseThroughNetExchangeDifferencesLeaseLiabilities_1">The increase (decrease) in lease liabilities resulting from net exchange differences arising on the translation of the financial statements from the functional currency into a different presentation currency, including the translation of a foreign operation into the presentation currency of the reporting entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughNetExchangeDifferencesLeaseLiabilities" xlink:to="label_IncreaseDecreaseThroughNetExchangeDifferencesLeaseLiabilities_1" xlink:title="Label : IncreaseDecreaseThroughNetExchangeDifferencesLeaseLiabilities to label_IncreaseDecreaseThroughNetExchangeDifferencesLeaseLiabilities_1" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughNetExchangeDifferencesLeaseLiabilities_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseDecreaseThroughNetExchangeDifferencesLeaseLiabilities_2" xml:lang="en-US" id="label_IncreaseDecreaseThroughNetExchangeDifferencesLeaseLiabilities_2">Increase (Decrease) Through Net Exchange Differences Lease Liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughNetExchangeDifferencesLeaseLiabilities" xlink:to="label_IncreaseDecreaseThroughNetExchangeDifferencesLeaseLiabilities_2" xlink:title="Label : IncreaseDecreaseThroughNetExchangeDifferencesLeaseLiabilities to label_IncreaseDecreaseThroughNetExchangeDifferencesLeaseLiabilities_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsTable" xlink:label="DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsTable" xlink:title="DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsTable" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsTable" xml:lang="en-US" id="label_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsTable">Disclosure of maturity analysis of operating lease payments [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsTable" xlink:to="label_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsTable" xlink:title="Label : DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsTable to label_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsTable" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsTable_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsTable_1" xml:lang="en-US" id="label_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsTable_1">Disclosure of maturity analysis of operating lease payments [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsTable" xlink:to="label_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsTable_1" xlink:title="Label : DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsTable to label_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsTable_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember" xlink:label="LaterThanThreeYearsAndNotLaterThanFourYearsMember" xlink:title="LaterThanThreeYearsAndNotLaterThanFourYearsMember" />
    <link:label xlink:type="resource" xlink:label="label_LaterThanThreeYearsAndNotLaterThanFourYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LaterThanThreeYearsAndNotLaterThanFourYearsMember" xml:lang="en-US" id="label_LaterThanThreeYearsAndNotLaterThanFourYearsMember">From 3 to 4 years [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanThreeYearsAndNotLaterThanFourYearsMember" xlink:to="label_LaterThanThreeYearsAndNotLaterThanFourYearsMember" xlink:title="Label : LaterThanThreeYearsAndNotLaterThanFourYearsMember to label_LaterThanThreeYearsAndNotLaterThanFourYearsMember" />
    <link:label xlink:type="resource" xlink:label="label_LaterThanThreeYearsAndNotLaterThanFourYearsMember_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LaterThanThreeYearsAndNotLaterThanFourYearsMember_1" xml:lang="en-US" id="label_LaterThanThreeYearsAndNotLaterThanFourYearsMember_1">Later than three years and not later than four years [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanThreeYearsAndNotLaterThanFourYearsMember" xlink:to="label_LaterThanThreeYearsAndNotLaterThanFourYearsMember_1" xlink:title="Label : LaterThanThreeYearsAndNotLaterThanFourYearsMember to label_LaterThanThreeYearsAndNotLaterThanFourYearsMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:label="LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:title="LaterThanFourYearsAndNotLaterThanFiveYearsMember" />
    <link:label xlink:type="resource" xlink:label="label_LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LaterThanFourYearsAndNotLaterThanFiveYearsMember" xml:lang="en-US" id="label_LaterThanFourYearsAndNotLaterThanFiveYearsMember">Later than four years and not later than five years [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:to="label_LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:title="Label : LaterThanFourYearsAndNotLaterThanFiveYearsMember to label_LaterThanFourYearsAndNotLaterThanFiveYearsMember" />
    <link:label xlink:type="resource" xlink:label="label_LaterThanFourYearsAndNotLaterThanFiveYearsMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LaterThanFourYearsAndNotLaterThanFiveYearsMember_1" xml:lang="en-US" id="label_LaterThanFourYearsAndNotLaterThanFiveYearsMember_1">From 4 to 5 years [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:to="label_LaterThanFourYearsAndNotLaterThanFiveYearsMember_1" xlink:title="Label : LaterThanFourYearsAndNotLaterThanFiveYearsMember to label_LaterThanFourYearsAndNotLaterThanFiveYearsMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LaterThanFiveYearsMember" xlink:label="LaterThanFiveYearsMember" xlink:title="LaterThanFiveYearsMember" />
    <link:label xlink:type="resource" xlink:label="label_LaterThanFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LaterThanFiveYearsMember" xml:lang="en-US" id="label_LaterThanFiveYearsMember">More than 5 years [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanFiveYearsMember" xlink:to="label_LaterThanFiveYearsMember" xlink:title="Label : LaterThanFiveYearsMember to label_LaterThanFiveYearsMember" />
    <link:label xlink:type="resource" xlink:label="label_LaterThanFiveYearsMember_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LaterThanFiveYearsMember_1" xml:lang="en-US" id="label_LaterThanFiveYearsMember_1">Later than five years [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanFiveYearsMember" xlink:to="label_LaterThanFiveYearsMember_1" xlink:title="Label : LaterThanFiveYearsMember to label_LaterThanFiveYearsMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems" xlink:label="DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems" xlink:title="DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems" xml:lang="en-US" id="label_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems">Disclosure of maturity analysis of operating lease payments [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems" xlink:to="label_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems" xlink:title="Label : DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems to label_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_UndiscountedOperatingLeasePaymentsToBePaid" xlink:label="UndiscountedOperatingLeasePaymentsToBePaid" xlink:title="UndiscountedOperatingLeasePaymentsToBePaid" />
    <link:label xlink:type="resource" xlink:label="label_UndiscountedOperatingLeasePaymentsToBePaid" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_UndiscountedOperatingLeasePaymentsToBePaid" xml:lang="en-US" id="label_UndiscountedOperatingLeasePaymentsToBePaid">Future disbursements</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UndiscountedOperatingLeasePaymentsToBePaid" xlink:to="label_UndiscountedOperatingLeasePaymentsToBePaid" xlink:title="Label : UndiscountedOperatingLeasePaymentsToBePaid to label_UndiscountedOperatingLeasePaymentsToBePaid" />
    <link:label xlink:type="resource" xlink:label="label_UndiscountedOperatingLeasePaymentsToBePaid_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_UndiscountedOperatingLeasePaymentsToBePaid_1" xml:lang="en-US" id="label_UndiscountedOperatingLeasePaymentsToBePaid_1">Undiscounted Operating Lease Payments to be Paid</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UndiscountedOperatingLeasePaymentsToBePaid" xlink:to="label_UndiscountedOperatingLeasePaymentsToBePaid_1" xlink:title="Label : UndiscountedOperatingLeasePaymentsToBePaid to label_UndiscountedOperatingLeasePaymentsToBePaid_1" />
    <link:label xlink:type="resource" xlink:label="label_UndiscountedOperatingLeasePaymentsToBePaid_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_UndiscountedOperatingLeasePaymentsToBePaid_2" xml:lang="en-US" id="label_UndiscountedOperatingLeasePaymentsToBePaid_2">Leases payable</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UndiscountedOperatingLeasePaymentsToBePaid" xlink:to="label_UndiscountedOperatingLeasePaymentsToBePaid_2" xlink:title="Label : UndiscountedOperatingLeasePaymentsToBePaid to label_UndiscountedOperatingLeasePaymentsToBePaid_2" />
    <link:label xlink:type="resource" xlink:label="label_UndiscountedOperatingLeasePaymentsToBePaid_3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_UndiscountedOperatingLeasePaymentsToBePaid_3" xml:lang="en-US" id="label_UndiscountedOperatingLeasePaymentsToBePaid_3">The amount of undiscounted operating lease payments to be paid. Operating lease is a lease that does not transfer substantially all the risks and rewards incidental to ownership of an underlying asset.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UndiscountedOperatingLeasePaymentsToBePaid" xlink:to="label_UndiscountedOperatingLeasePaymentsToBePaid_3" xlink:title="Label : UndiscountedOperatingLeasePaymentsToBePaid to label_UndiscountedOperatingLeasePaymentsToBePaid_3" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NotLaterThanFiveYearsMember" xlink:label="NotLaterThanFiveYearsMember" xlink:title="NotLaterThanFiveYearsMember" />
    <link:label xlink:type="resource" xlink:label="label_NotLaterThanFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NotLaterThanFiveYearsMember" xml:lang="en-US" id="label_NotLaterThanFiveYearsMember">Not Later Than Five Years [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotLaterThanFiveYearsMember" xlink:to="label_NotLaterThanFiveYearsMember" xlink:title="Label : NotLaterThanFiveYearsMember to label_NotLaterThanFiveYearsMember" />
    <link:label xlink:type="resource" xlink:label="label_NotLaterThanFiveYearsMember_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_NotLaterThanFiveYearsMember_1" xml:lang="en-US" id="label_NotLaterThanFiveYearsMember_1">This member stands for a time band of not later than five years.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotLaterThanFiveYearsMember" xlink:to="label_NotLaterThanFiveYearsMember_1" xlink:title="Label : NotLaterThanFiveYearsMember to label_NotLaterThanFiveYearsMember_1" />
    <link:label xlink:type="resource" xlink:label="label_NotLaterThanFiveYearsMember_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NotLaterThanFiveYearsMember_2" xml:lang="en-US" id="label_NotLaterThanFiveYearsMember_2">Up to 5 years [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotLaterThanFiveYearsMember" xlink:to="label_NotLaterThanFiveYearsMember_2" xlink:title="Label : NotLaterThanFiveYearsMember to label_NotLaterThanFiveYearsMember_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LaterThanFiveYearsAndNotLaterThanTenYearsMember" xlink:label="LaterThanFiveYearsAndNotLaterThanTenYearsMember" xlink:title="LaterThanFiveYearsAndNotLaterThanTenYearsMember" />
    <link:label xlink:type="resource" xlink:label="label_LaterThanFiveYearsAndNotLaterThanTenYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LaterThanFiveYearsAndNotLaterThanTenYearsMember" xml:lang="en-US" id="label_LaterThanFiveYearsAndNotLaterThanTenYearsMember">From 6 to 10 years [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanFiveYearsAndNotLaterThanTenYearsMember" xlink:to="label_LaterThanFiveYearsAndNotLaterThanTenYearsMember" xlink:title="Label : LaterThanFiveYearsAndNotLaterThanTenYearsMember to label_LaterThanFiveYearsAndNotLaterThanTenYearsMember" />
    <link:label xlink:type="resource" xlink:label="label_LaterThanFiveYearsAndNotLaterThanTenYearsMember_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LaterThanFiveYearsAndNotLaterThanTenYearsMember_1" xml:lang="en-US" id="label_LaterThanFiveYearsAndNotLaterThanTenYearsMember_1">Later than five years and not later than ten years [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanFiveYearsAndNotLaterThanTenYearsMember" xlink:to="label_LaterThanFiveYearsAndNotLaterThanTenYearsMember_1" xlink:title="Label : LaterThanFiveYearsAndNotLaterThanTenYearsMember to label_LaterThanFiveYearsAndNotLaterThanTenYearsMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LaterThanTenYearsAndNotLaterThanFifteenYearsMember" xlink:label="LaterThanTenYearsAndNotLaterThanFifteenYearsMember" xlink:title="LaterThanTenYearsAndNotLaterThanFifteenYearsMember" />
    <link:label xlink:type="resource" xlink:label="label_LaterThanTenYearsAndNotLaterThanFifteenYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LaterThanTenYearsAndNotLaterThanFifteenYearsMember" xml:lang="en-US" id="label_LaterThanTenYearsAndNotLaterThanFifteenYearsMember">From 11 to 15 years [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanTenYearsAndNotLaterThanFifteenYearsMember" xlink:to="label_LaterThanTenYearsAndNotLaterThanFifteenYearsMember" xlink:title="Label : LaterThanTenYearsAndNotLaterThanFifteenYearsMember to label_LaterThanTenYearsAndNotLaterThanFifteenYearsMember" />
    <link:label xlink:type="resource" xlink:label="label_LaterThanTenYearsAndNotLaterThanFifteenYearsMember_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LaterThanTenYearsAndNotLaterThanFifteenYearsMember_1" xml:lang="en-US" id="label_LaterThanTenYearsAndNotLaterThanFifteenYearsMember_1">Later than ten years and not later than fifteen years [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanTenYearsAndNotLaterThanFifteenYearsMember" xlink:to="label_LaterThanTenYearsAndNotLaterThanFifteenYearsMember_1" xlink:title="Label : LaterThanTenYearsAndNotLaterThanFifteenYearsMember to label_LaterThanTenYearsAndNotLaterThanFifteenYearsMember_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_LaterThanFifteenYearsMember" xlink:label="LaterThanFifteenYearsMember" xlink:title="LaterThanFifteenYearsMember" />
    <link:label xlink:type="resource" xlink:label="label_LaterThanFifteenYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LaterThanFifteenYearsMember" xml:lang="en-US" id="label_LaterThanFifteenYearsMember">Later Than Fifteen Years [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanFifteenYearsMember" xlink:to="label_LaterThanFifteenYearsMember" xlink:title="Label : LaterThanFifteenYearsMember to label_LaterThanFifteenYearsMember" />
    <link:label xlink:type="resource" xlink:label="label_LaterThanFifteenYearsMember_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_LaterThanFifteenYearsMember_1" xml:lang="en-US" id="label_LaterThanFifteenYearsMember_1">This member stands for a time band of later than fifteen years.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanFifteenYearsMember" xlink:to="label_LaterThanFifteenYearsMember_1" xlink:title="Label : LaterThanFifteenYearsMember to label_LaterThanFifteenYearsMember_1" />
    <link:label xlink:type="resource" xlink:label="label_LaterThanFifteenYearsMember_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LaterThanFifteenYearsMember_2" xml:lang="en-US" id="label_LaterThanFifteenYearsMember_2">More than 15 years [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanFifteenYearsMember" xlink:to="label_LaterThanFifteenYearsMember_2" xlink:title="Label : LaterThanFifteenYearsMember to label_LaterThanFifteenYearsMember_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember" xlink:label="LaterThanOneYearAndNotLaterThanFiveYearsMember" xlink:title="LaterThanOneYearAndNotLaterThanFiveYearsMember" />
    <link:label xlink:type="resource" xlink:label="label_LaterThanOneYearAndNotLaterThanFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LaterThanOneYearAndNotLaterThanFiveYearsMember" xml:lang="en-US" id="label_LaterThanOneYearAndNotLaterThanFiveYearsMember">Later than one year and not later than five years [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanOneYearAndNotLaterThanFiveYearsMember" xlink:to="label_LaterThanOneYearAndNotLaterThanFiveYearsMember" xlink:title="Label : LaterThanOneYearAndNotLaterThanFiveYearsMember to label_LaterThanOneYearAndNotLaterThanFiveYearsMember" />
    <link:label xlink:type="resource" xlink:label="label_LaterThanOneYearAndNotLaterThanFiveYearsMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LaterThanOneYearAndNotLaterThanFiveYearsMember_1" xml:lang="en-US" id="label_LaterThanOneYearAndNotLaterThanFiveYearsMember_1">Between 1 and 5 years</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanOneYearAndNotLaterThanFiveYearsMember" xlink:to="label_LaterThanOneYearAndNotLaterThanFiveYearsMember_1" xlink:title="Label : LaterThanOneYearAndNotLaterThanFiveYearsMember to label_LaterThanOneYearAndNotLaterThanFiveYearsMember_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_UndiscountedOperatingLeasePaymentsToBePaidForContractsOfLowAmountAssets" xlink:label="UndiscountedOperatingLeasePaymentsToBePaidForContractsOfLowAmountAssets" xlink:title="UndiscountedOperatingLeasePaymentsToBePaidForContractsOfLowAmountAssets" />
    <link:label xlink:type="resource" xlink:label="label_UndiscountedOperatingLeasePaymentsToBePaidForContractsOfLowAmountAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_UndiscountedOperatingLeasePaymentsToBePaidForContractsOfLowAmountAssets" xml:lang="en-US" id="label_UndiscountedOperatingLeasePaymentsToBePaidForContractsOfLowAmountAssets">Lease payments to be payable</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UndiscountedOperatingLeasePaymentsToBePaidForContractsOfLowAmountAssets" xlink:to="label_UndiscountedOperatingLeasePaymentsToBePaidForContractsOfLowAmountAssets" xlink:title="Label : UndiscountedOperatingLeasePaymentsToBePaidForContractsOfLowAmountAssets to label_UndiscountedOperatingLeasePaymentsToBePaidForContractsOfLowAmountAssets" />
    <link:label xlink:type="resource" xlink:label="label_UndiscountedOperatingLeasePaymentsToBePaidForContractsOfLowAmountAssets_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_UndiscountedOperatingLeasePaymentsToBePaidForContractsOfLowAmountAssets_1" xml:lang="en-US" id="label_UndiscountedOperatingLeasePaymentsToBePaidForContractsOfLowAmountAssets_1">The amount of undiscounted operating lease payments to be paid for lease contracts of low amount assets.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UndiscountedOperatingLeasePaymentsToBePaidForContractsOfLowAmountAssets" xlink:to="label_UndiscountedOperatingLeasePaymentsToBePaidForContractsOfLowAmountAssets_1" xlink:title="Label : UndiscountedOperatingLeasePaymentsToBePaidForContractsOfLowAmountAssets to label_UndiscountedOperatingLeasePaymentsToBePaidForContractsOfLowAmountAssets_1" />
    <link:label xlink:type="resource" xlink:label="label_UndiscountedOperatingLeasePaymentsToBePaidForContractsOfLowAmountAssets_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_UndiscountedOperatingLeasePaymentsToBePaidForContractsOfLowAmountAssets_2" xml:lang="en-US" id="label_UndiscountedOperatingLeasePaymentsToBePaidForContractsOfLowAmountAssets_2">Undiscounted Operating Lease Payments to be Paid for Contracts of Low Amount Assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UndiscountedOperatingLeasePaymentsToBePaidForContractsOfLowAmountAssets" xlink:to="label_UndiscountedOperatingLeasePaymentsToBePaidForContractsOfLowAmountAssets_2" xlink:title="Label : UndiscountedOperatingLeasePaymentsToBePaidForContractsOfLowAmountAssets to label_UndiscountedOperatingLeasePaymentsToBePaidForContractsOfLowAmountAssets_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed" xlink:label="ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed" xlink:title="ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed" />
    <link:label xlink:type="resource" xlink:label="label_ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed" xml:lang="en-US" id="label_ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed">Expense relating to leases of low-value assets for which recognition exemption has been used</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed" xlink:to="label_ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed" xlink:title="Label : ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed to label_ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed" />
    <link:label xlink:type="resource" xlink:label="label_ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed_1" xml:lang="en-US" id="label_ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed_1">Expense relating to leases of low-value assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed" xlink:to="label_ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed_1" xlink:title="Label : ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed to label_ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable" xlink:label="DisclosureOfPropertyPlantAndEquipmentTable" xlink:title="DisclosureOfPropertyPlantAndEquipmentTable" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfPropertyPlantAndEquipmentTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfPropertyPlantAndEquipmentTable" xml:lang="en-US" id="label_DisclosureOfPropertyPlantAndEquipmentTable">Disclosure of detailed information about property, plant and equipment [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfPropertyPlantAndEquipmentTable" xlink:to="label_DisclosureOfPropertyPlantAndEquipmentTable" xlink:title="Label : DisclosureOfPropertyPlantAndEquipmentTable to label_DisclosureOfPropertyPlantAndEquipmentTable" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfPropertyPlantAndEquipmentTable_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DisclosureOfPropertyPlantAndEquipmentTable_1" xml:lang="en-US" id="label_DisclosureOfPropertyPlantAndEquipmentTable_1">Disclosure of detailed information about property, plant and equipment [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfPropertyPlantAndEquipmentTable" xlink:to="label_DisclosureOfPropertyPlantAndEquipmentTable_1" xlink:title="Label : DisclosureOfPropertyPlantAndEquipmentTable to label_DisclosureOfPropertyPlantAndEquipmentTable_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LandMember" xlink:label="LandMember" xlink:title="LandMember" />
    <link:label xlink:type="resource" xlink:label="label_LandMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LandMember" xml:lang="en-US" id="label_LandMember">Land [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LandMember" xlink:to="label_LandMember" xlink:title="Label : LandMember to label_LandMember" />
    <link:label xlink:type="resource" xlink:label="label_LandMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LandMember_1" xml:lang="en-US" id="label_LandMember_1">Land [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LandMember" xlink:to="label_LandMember_1" xlink:title="Label : LandMember to label_LandMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_BuildingsMember" xlink:label="BuildingsMember" xlink:title="BuildingsMember" />
    <link:label xlink:type="resource" xlink:label="label_BuildingsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_BuildingsMember" xml:lang="en-US" id="label_BuildingsMember">Buildings [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BuildingsMember" xlink:to="label_BuildingsMember" xlink:title="Label : BuildingsMember to label_BuildingsMember" />
    <link:label xlink:type="resource" xlink:label="label_BuildingsMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_BuildingsMember_1" xml:lang="en-US" id="label_BuildingsMember_1">Buildings [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BuildingsMember" xlink:to="label_BuildingsMember_1" xlink:title="Label : BuildingsMember to label_BuildingsMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LeaseholdImprovementsMember" xlink:label="LeaseholdImprovementsMember" xlink:title="LeaseholdImprovementsMember" />
    <link:label xlink:type="resource" xlink:label="label_LeaseholdImprovementsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LeaseholdImprovementsMember" xml:lang="en-US" id="label_LeaseholdImprovementsMember">Leasehold improvements [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LeaseholdImprovementsMember" xlink:to="label_LeaseholdImprovementsMember" xlink:title="Label : LeaseholdImprovementsMember to label_LeaseholdImprovementsMember" />
    <link:label xlink:type="resource" xlink:label="label_LeaseholdImprovementsMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LeaseholdImprovementsMember_1" xml:lang="en-US" id="label_LeaseholdImprovementsMember_1">Leasehold improvements [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LeaseholdImprovementsMember" xlink:to="label_LeaseholdImprovementsMember_1" xlink:title="Label : LeaseholdImprovementsMember to label_LeaseholdImprovementsMember_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember" xlink:label="AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember" xlink:title="AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember" />
    <link:label xlink:type="resource" xlink:label="label_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember" xml:lang="en-US" id="label_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember">Automotive Fuel Lubricant Distribution Equipment and Facilities [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember" xlink:to="label_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember" xlink:title="Label : AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember to label_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember" />
    <link:label xlink:type="resource" xlink:label="label_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_1" xml:lang="en-US" id="label_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_1">Automotive fuel/lubricant distribution equipment and facilities [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember" xlink:to="label_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_1" xlink:title="Label : AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember to label_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_1" />
    <link:label xlink:type="resource" xlink:label="label_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_2" xml:lang="en-US" id="label_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_2">This member stands for the information pertaining to automotive fuel/lubricant distribution equipment and facilities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember" xlink:to="label_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_2" xlink:title="Label : AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember to label_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_LPGTanksAndBottlesMember" xlink:label="LPGTanksAndBottlesMember" xlink:title="LPGTanksAndBottlesMember" />
    <link:label xlink:type="resource" xlink:label="label_LPGTanksAndBottlesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LPGTanksAndBottlesMember" xml:lang="en-US" id="label_LPGTanksAndBottlesMember">L P G Tanks and Bottles [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LPGTanksAndBottlesMember" xlink:to="label_LPGTanksAndBottlesMember" xlink:title="Label : LPGTanksAndBottlesMember to label_LPGTanksAndBottlesMember" />
    <link:label xlink:type="resource" xlink:label="label_LPGTanksAndBottlesMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LPGTanksAndBottlesMember_1" xml:lang="en-US" id="label_LPGTanksAndBottlesMember_1">LPG tanks and bottles [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LPGTanksAndBottlesMember" xlink:to="label_LPGTanksAndBottlesMember_1" xlink:title="Label : LPGTanksAndBottlesMember to label_LPGTanksAndBottlesMember_1" />
    <link:label xlink:type="resource" xlink:label="label_LPGTanksAndBottlesMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_LPGTanksAndBottlesMember_2" xml:lang="en-US" id="label_LPGTanksAndBottlesMember_2">This member stands for the information pertaining to LPG tanks and bottles.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LPGTanksAndBottlesMember" xlink:to="label_LPGTanksAndBottlesMember_2" xlink:title="Label : LPGTanksAndBottlesMember to label_LPGTanksAndBottlesMember_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_FixturesAndFittingsMember" xlink:label="FixturesAndFittingsMember" xlink:title="FixturesAndFittingsMember" />
    <link:label xlink:type="resource" xlink:label="label_FixturesAndFittingsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_FixturesAndFittingsMember" xml:lang="en-US" id="label_FixturesAndFittingsMember">Furniture [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FixturesAndFittingsMember" xlink:to="label_FixturesAndFittingsMember" xlink:title="Label : FixturesAndFittingsMember to label_FixturesAndFittingsMember" />
    <link:label xlink:type="resource" xlink:label="label_FixturesAndFittingsMember_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FixturesAndFittingsMember_1" xml:lang="en-US" id="label_FixturesAndFittingsMember_1">Fixtures and fittings [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FixturesAndFittingsMember" xlink:to="label_FixturesAndFittingsMember_1" xlink:title="Label : FixturesAndFittingsMember to label_FixturesAndFittingsMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ConstructionInProgressMember" xlink:label="ConstructionInProgressMember" xlink:title="ConstructionInProgressMember" />
    <link:label xlink:type="resource" xlink:label="label_ConstructionInProgressMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ConstructionInProgressMember" xml:lang="en-US" id="label_ConstructionInProgressMember">Construction in progress [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConstructionInProgressMember" xlink:to="label_ConstructionInProgressMember" xlink:title="Label : ConstructionInProgressMember to label_ConstructionInProgressMember" />
    <link:label xlink:type="resource" xlink:label="label_ConstructionInProgressMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ConstructionInProgressMember_1" xml:lang="en-US" id="label_ConstructionInProgressMember_1">Construction in progress [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConstructionInProgressMember" xlink:to="label_ConstructionInProgressMember_1" xlink:title="Label : ConstructionInProgressMember to label_ConstructionInProgressMember_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AdvancesToSuppliersMember" xlink:label="AdvancesToSuppliersMember" xlink:title="AdvancesToSuppliersMember" />
    <link:label xlink:type="resource" xlink:label="label_AdvancesToSuppliersMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AdvancesToSuppliersMember" xml:lang="en-US" id="label_AdvancesToSuppliersMember">This member stands for the information pertaining to advances to suppliers.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdvancesToSuppliersMember" xlink:to="label_AdvancesToSuppliersMember" xlink:title="Label : AdvancesToSuppliersMember to label_AdvancesToSuppliersMember" />
    <link:label xlink:type="resource" xlink:label="label_AdvancesToSuppliersMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AdvancesToSuppliersMember_1" xml:lang="en-US" id="label_AdvancesToSuppliersMember_1">Advances to suppliers [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdvancesToSuppliersMember" xlink:to="label_AdvancesToSuppliersMember_1" xlink:title="Label : AdvancesToSuppliersMember to label_AdvancesToSuppliersMember_1" />
    <link:label xlink:type="resource" xlink:label="label_AdvancesToSuppliersMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdvancesToSuppliersMember_2" xml:lang="en-US" id="label_AdvancesToSuppliersMember_2">Advances to suppliers [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdvancesToSuppliersMember" xlink:to="label_AdvancesToSuppliersMember_2" xlink:title="Label : AdvancesToSuppliersMember to label_AdvancesToSuppliersMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ImportsInProgressMember" xlink:label="ImportsInProgressMember" xlink:title="ImportsInProgressMember" />
    <link:label xlink:type="resource" xlink:label="label_ImportsInProgressMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ImportsInProgressMember" xml:lang="en-US" id="label_ImportsInProgressMember">This member stands for the information pertaining to imports in progress.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ImportsInProgressMember" xlink:to="label_ImportsInProgressMember" xlink:title="Label : ImportsInProgressMember to label_ImportsInProgressMember" />
    <link:label xlink:type="resource" xlink:label="label_ImportsInProgressMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ImportsInProgressMember_1" xml:lang="en-US" id="label_ImportsInProgressMember_1">Imports in progress [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ImportsInProgressMember" xlink:to="label_ImportsInProgressMember_1" xlink:title="Label : ImportsInProgressMember to label_ImportsInProgressMember_1" />
    <link:label xlink:type="resource" xlink:label="label_ImportsInProgressMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ImportsInProgressMember_2" xml:lang="en-US" id="label_ImportsInProgressMember_2">Imports in progress [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ImportsInProgressMember" xlink:to="label_ImportsInProgressMember_2" xlink:title="Label : ImportsInProgressMember to label_ImportsInProgressMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ITEquipmentMember" xlink:label="ITEquipmentMember" xlink:title="ITEquipmentMember" />
    <link:label xlink:type="resource" xlink:label="label_ITEquipmentMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ITEquipmentMember" xml:lang="en-US" id="label_ITEquipmentMember">This member stands for the information pertaining to IT equipment.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ITEquipmentMember" xlink:to="label_ITEquipmentMember" xlink:title="Label : ITEquipmentMember to label_ITEquipmentMember" />
    <link:label xlink:type="resource" xlink:label="label_ITEquipmentMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ITEquipmentMember_1" xml:lang="en-US" id="label_ITEquipmentMember_1">IT equipment [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ITEquipmentMember" xlink:to="label_ITEquipmentMember_1" xlink:title="Label : ITEquipmentMember to label_ITEquipmentMember_1" />
    <link:label xlink:type="resource" xlink:label="label_ITEquipmentMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ITEquipmentMember_2" xml:lang="en-US" id="label_ITEquipmentMember_2">I T Equipment [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ITEquipmentMember" xlink:to="label_ITEquipmentMember_2" xlink:title="Label : ITEquipmentMember to label_ITEquipmentMember_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_PreviouslyStatedMember" xlink:label="PreviouslyStatedMember" xlink:title="PreviouslyStatedMember" />
    <link:label xlink:type="resource" xlink:label="label_PreviouslyStatedMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_PreviouslyStatedMember" xml:lang="en-US" id="label_PreviouslyStatedMember">Previously stated [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PreviouslyStatedMember" xlink:to="label_PreviouslyStatedMember" xlink:title="Label : PreviouslyStatedMember to label_PreviouslyStatedMember" />
    <link:label xlink:type="resource" xlink:label="label_PreviouslyStatedMember_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PreviouslyStatedMember_1" xml:lang="en-US" id="label_PreviouslyStatedMember_1">Previously stated [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PreviouslyStatedMember" xlink:to="label_PreviouslyStatedMember_1" xlink:title="Label : PreviouslyStatedMember to label_PreviouslyStatedMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AccumulatedImpairmentMember" xlink:label="AccumulatedImpairmentMember" xlink:title="AccumulatedImpairmentMember" />
    <link:label xlink:type="resource" xlink:label="label_AccumulatedImpairmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AccumulatedImpairmentMember" xml:lang="en-US" id="label_AccumulatedImpairmentMember">Impairment</link:label>
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:label="DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:title="DisclosureOfPropertyPlantAndEquipmentLineItems" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfPropertyPlantAndEquipmentLineItems" xml:lang="en-US" id="label_DisclosureOfPropertyPlantAndEquipmentLineItems">Disclosure of detailed information about property, plant and equipment [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="label_DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:title="Label : DisclosureOfPropertyPlantAndEquipmentLineItems to label_DisclosureOfPropertyPlantAndEquipmentLineItems" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfPropertyPlantAndEquipmentLineItems_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DisclosureOfPropertyPlantAndEquipmentLineItems_1" xml:lang="en-US" id="label_DisclosureOfPropertyPlantAndEquipmentLineItems_1">Disclosure of detailed information about property, plant and equipment [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="label_DisclosureOfPropertyPlantAndEquipmentLineItems_1" xlink:title="Label : DisclosureOfPropertyPlantAndEquipmentLineItems to label_DisclosureOfPropertyPlantAndEquipmentLineItems_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:label="AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:title="AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" />
    <link:label xlink:type="resource" xlink:label="label_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xml:lang="en-US" id="label_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment">Additions other than through business combinations, property, plant and equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:to="label_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:title="Label : AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment to label_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" />
    <link:label xlink:type="resource" xlink:label="label_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_1" xml:lang="en-US" id="label_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_1">Property, plant, and equipment, additions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:to="label_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_1" xlink:title="Label : AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment to label_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DepreciationPropertyPlantAndEquipment" xlink:label="DepreciationPropertyPlantAndEquipment" xlink:title="DepreciationPropertyPlantAndEquipment" />
    <link:label xlink:type="resource" xlink:label="label_DepreciationPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DepreciationPropertyPlantAndEquipment" xml:lang="en-US" id="label_DepreciationPropertyPlantAndEquipment">Depreciation, property, plant and equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepreciationPropertyPlantAndEquipment" xlink:to="label_DepreciationPropertyPlantAndEquipment" xlink:title="Label : DepreciationPropertyPlantAndEquipment to label_DepreciationPropertyPlantAndEquipment" />
    <link:label xlink:type="resource" xlink:label="label_DepreciationPropertyPlantAndEquipment_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_DepreciationPropertyPlantAndEquipment_1" xml:lang="en-US" id="label_DepreciationPropertyPlantAndEquipment_1">Property, plant, and equipment, depreciation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepreciationPropertyPlantAndEquipment" xlink:to="label_DepreciationPropertyPlantAndEquipment_1" xlink:title="Label : DepreciationPropertyPlantAndEquipment to label_DepreciationPropertyPlantAndEquipment_1" />
    <link:label xlink:type="resource" xlink:label="label_DepreciationPropertyPlantAndEquipment_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DepreciationPropertyPlantAndEquipment_2" xml:lang="en-US" id="label_DepreciationPropertyPlantAndEquipment_2">Depreciation expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepreciationPropertyPlantAndEquipment" xlink:to="label_DepreciationPropertyPlantAndEquipment_2" xlink:title="Label : DepreciationPropertyPlantAndEquipment to label_DepreciationPropertyPlantAndEquipment_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" xlink:label="IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" xlink:title="IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" xml:lang="en-US" id="label_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment">Increase (decrease) through transfers, property, plant and equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" xlink:to="label_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" xlink:title="Label : IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment to label_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_1" xml:lang="en-US" id="label_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_1">Property, plant, and equipment, transfer</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" xlink:to="label_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_1" xlink:title="Label : IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment to label_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisposalsPropertyPlantAndEquipment" xlink:label="DisposalsPropertyPlantAndEquipment" xlink:title="DisposalsPropertyPlantAndEquipment" />
    <link:label xlink:type="resource" xlink:label="label_DisposalsPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisposalsPropertyPlantAndEquipment" xml:lang="en-US" id="label_DisposalsPropertyPlantAndEquipment">Disposals, property, plant and equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisposalsPropertyPlantAndEquipment" xlink:to="label_DisposalsPropertyPlantAndEquipment" xlink:title="Label : DisposalsPropertyPlantAndEquipment to label_DisposalsPropertyPlantAndEquipment" />
    <link:label xlink:type="resource" xlink:label="label_DisposalsPropertyPlantAndEquipment_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_DisposalsPropertyPlantAndEquipment_1" xml:lang="en-US" id="label_DisposalsPropertyPlantAndEquipment_1">Property, plant, and equipment, write-offs and disposals</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisposalsPropertyPlantAndEquipment" xlink:to="label_DisposalsPropertyPlantAndEquipment_1" xlink:title="Label : DisposalsPropertyPlantAndEquipment to label_DisposalsPropertyPlantAndEquipment_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xlink:label="IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xlink:title="IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xml:lang="en-US" id="label_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment">Increase (decrease) through net exchange differences, property, plant and equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xlink:to="label_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xlink:title="Label : IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment to label_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_1" xml:lang="en-US" id="label_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_1">Property, plant, and equipment, effect of foreign currency exchange rate variation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xlink:to="label_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_1" xlink:title="Label : IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment to label_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RetirementsPropertyPlantAndEquipment" xlink:label="RetirementsPropertyPlantAndEquipment" xlink:title="RetirementsPropertyPlantAndEquipment" />
    <link:label xlink:type="resource" xlink:label="label_RetirementsPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RetirementsPropertyPlantAndEquipment" xml:lang="en-US" id="label_RetirementsPropertyPlantAndEquipment">Retirements, property, plant and equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RetirementsPropertyPlantAndEquipment" xlink:to="label_RetirementsPropertyPlantAndEquipment" xlink:title="Label : RetirementsPropertyPlantAndEquipment to label_RetirementsPropertyPlantAndEquipment" />
    <link:label xlink:type="resource" xlink:label="label_RetirementsPropertyPlantAndEquipment_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_RetirementsPropertyPlantAndEquipment_1" xml:lang="en-US" id="label_RetirementsPropertyPlantAndEquipment_1">Property, plant, and equipment, Oxiteno andian</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RetirementsPropertyPlantAndEquipment" xlink:to="label_RetirementsPropertyPlantAndEquipment_1" xlink:title="Label : RetirementsPropertyPlantAndEquipment to label_RetirementsPropertyPlantAndEquipment_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:label="AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:title="AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" />
    <link:label xlink:type="resource" xlink:label="label_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xml:lang="en-US" id="label_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment">Acquisitions through business combinations, property, plant and equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:to="label_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:title="Label : AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment to label_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" />
    <link:label xlink:type="resource" xlink:label="label_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_1" xml:lang="en-US" id="label_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_1">Property, plant, and equipment, Balance acquisition TEAS</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:to="label_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_1" xlink:title="Label : AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment to label_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfIntangibleAssetsTable" xlink:label="DisclosureOfIntangibleAssetsTable" xlink:title="DisclosureOfIntangibleAssetsTable" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfIntangibleAssetsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfIntangibleAssetsTable" xml:lang="en-US" id="label_DisclosureOfIntangibleAssetsTable">Disclosure of detailed information about intangible assets [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfIntangibleAssetsTable" xlink:to="label_DisclosureOfIntangibleAssetsTable" xlink:title="Label : DisclosureOfIntangibleAssetsTable to label_DisclosureOfIntangibleAssetsTable" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfIntangibleAssetsTable_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DisclosureOfIntangibleAssetsTable_1" xml:lang="en-US" id="label_DisclosureOfIntangibleAssetsTable_1">Disclosure of detailed information about intangible assets [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfIntangibleAssetsTable" xlink:to="label_DisclosureOfIntangibleAssetsTable_1" xlink:title="Label : DisclosureOfIntangibleAssetsTable to label_DisclosureOfIntangibleAssetsTable_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_IncreasedecreaseDueToApplicationOfIfrs16Member" xlink:label="IncreasedecreaseDueToApplicationOfIfrs16Member" xlink:title="IncreasedecreaseDueToApplicationOfIfrs16Member" />
    <link:label xlink:type="resource" xlink:label="label_IncreasedecreaseDueToApplicationOfIfrs16Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_IncreasedecreaseDueToApplicationOfIfrs16Member" xml:lang="en-US" id="label_IncreasedecreaseDueToApplicationOfIfrs16Member">Increase (decrease) due to application of IFRS 16 member.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreasedecreaseDueToApplicationOfIfrs16Member" xlink:to="label_IncreasedecreaseDueToApplicationOfIfrs16Member" xlink:title="Label : IncreasedecreaseDueToApplicationOfIfrs16Member to label_IncreasedecreaseDueToApplicationOfIfrs16Member" />
    <link:label xlink:type="resource" xlink:label="label_IncreasedecreaseDueToApplicationOfIfrs16Member_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IncreasedecreaseDueToApplicationOfIfrs16Member_1" xml:lang="en-US" id="label_IncreasedecreaseDueToApplicationOfIfrs16Member_1">Increase (decrease) due to application of IFRS 16 [member]</link:label>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreasedecreaseDueToApplicationOfIfrs16Member" xlink:to="label_IncreasedecreaseDueToApplicationOfIfrs16Member_2" xlink:title="Label : IncreasedecreaseDueToApplicationOfIfrs16Member to label_IncreasedecreaseDueToApplicationOfIfrs16Member_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis" xlink:label="ClassesOfIntangibleAssetsAndGoodwillAxis" xlink:title="ClassesOfIntangibleAssetsAndGoodwillAxis" />
    <link:label xlink:type="resource" xlink:label="label_ClassesOfIntangibleAssetsAndGoodwillAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ClassesOfIntangibleAssetsAndGoodwillAxis" xml:lang="en-US" id="label_ClassesOfIntangibleAssetsAndGoodwillAxis">Classes of intangible assets and goodwill [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClassesOfIntangibleAssetsAndGoodwillAxis" xlink:to="label_ClassesOfIntangibleAssetsAndGoodwillAxis" xlink:title="Label : ClassesOfIntangibleAssetsAndGoodwillAxis to label_ClassesOfIntangibleAssetsAndGoodwillAxis" />
    <link:label xlink:type="resource" xlink:label="label_ClassesOfIntangibleAssetsAndGoodwillAxis_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ClassesOfIntangibleAssetsAndGoodwillAxis_1" xml:lang="en-US" id="label_ClassesOfIntangibleAssetsAndGoodwillAxis_1">Classes of intangible assets and goodwill [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClassesOfIntangibleAssetsAndGoodwillAxis" xlink:to="label_ClassesOfIntangibleAssetsAndGoodwillAxis_1" xlink:title="Label : ClassesOfIntangibleAssetsAndGoodwillAxis to label_ClassesOfIntangibleAssetsAndGoodwillAxis_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IntangibleAssetsAndGoodwillMember" xlink:label="IntangibleAssetsAndGoodwillMember" xlink:title="IntangibleAssetsAndGoodwillMember" />
    <link:label xlink:type="resource" xlink:label="label_IntangibleAssetsAndGoodwillMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IntangibleAssetsAndGoodwillMember" xml:lang="en-US" id="label_IntangibleAssetsAndGoodwillMember">Intangible assets and goodwill [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IntangibleAssetsAndGoodwillMember" xlink:to="label_IntangibleAssetsAndGoodwillMember" xlink:title="Label : IntangibleAssetsAndGoodwillMember to label_IntangibleAssetsAndGoodwillMember" />
    <link:label xlink:type="resource" xlink:label="label_IntangibleAssetsAndGoodwillMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IntangibleAssetsAndGoodwillMember_1" xml:lang="en-US" id="label_IntangibleAssetsAndGoodwillMember_1">Intangible assets and goodwill [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IntangibleAssetsAndGoodwillMember" xlink:to="label_IntangibleAssetsAndGoodwillMember_1" xlink:title="Label : IntangibleAssetsAndGoodwillMember to label_IntangibleAssetsAndGoodwillMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_GoodwillMember" xlink:label="GoodwillMember" xlink:title="GoodwillMember" />
    <link:label xlink:type="resource" xlink:label="label_GoodwillMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_GoodwillMember" xml:lang="en-US" id="label_GoodwillMember">Goodwill [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GoodwillMember" xlink:to="label_GoodwillMember" xlink:title="Label : GoodwillMember to label_GoodwillMember" />
    <link:label xlink:type="resource" xlink:label="label_GoodwillMember_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GoodwillMember_1" xml:lang="en-US" id="label_GoodwillMember_1">Goodwill [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GoodwillMember" xlink:to="label_GoodwillMember_1" xlink:title="Label : GoodwillMember to label_GoodwillMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ComputerSoftwareMember" xlink:label="ComputerSoftwareMember" xlink:title="ComputerSoftwareMember" />
    <link:label xlink:type="resource" xlink:label="label_ComputerSoftwareMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ComputerSoftwareMember" xml:lang="en-US" id="label_ComputerSoftwareMember">Software [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ComputerSoftwareMember" xlink:to="label_ComputerSoftwareMember" xlink:title="Label : ComputerSoftwareMember to label_ComputerSoftwareMember" />
    <link:label xlink:type="resource" xlink:label="label_ComputerSoftwareMember_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ComputerSoftwareMember_1" xml:lang="en-US" id="label_ComputerSoftwareMember_1">Computer software [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ComputerSoftwareMember" xlink:to="label_ComputerSoftwareMember_1" xlink:title="Label : ComputerSoftwareMember to label_ComputerSoftwareMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_TechnologybasedIntangibleAssetsMember" xlink:label="TechnologybasedIntangibleAssetsMember" xlink:title="TechnologybasedIntangibleAssetsMember" />
    <link:label xlink:type="resource" xlink:label="label_TechnologybasedIntangibleAssetsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TechnologybasedIntangibleAssetsMember" xml:lang="en-US" id="label_TechnologybasedIntangibleAssetsMember">Technology [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TechnologybasedIntangibleAssetsMember" xlink:to="label_TechnologybasedIntangibleAssetsMember" xlink:title="Label : TechnologybasedIntangibleAssetsMember to label_TechnologybasedIntangibleAssetsMember" />
    <link:label xlink:type="resource" xlink:label="label_TechnologybasedIntangibleAssetsMember_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TechnologybasedIntangibleAssetsMember_1" xml:lang="en-US" id="label_TechnologybasedIntangibleAssetsMember_1">Technology-based intangible assets [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TechnologybasedIntangibleAssetsMember" xlink:to="label_TechnologybasedIntangibleAssetsMember_1" xlink:title="Label : TechnologybasedIntangibleAssetsMember to label_TechnologybasedIntangibleAssetsMember_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_CommercialPropertyRightsMember" xlink:label="CommercialPropertyRightsMember" xlink:title="CommercialPropertyRightsMember" />
    <link:label xlink:type="resource" xlink:label="label_CommercialPropertyRightsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_CommercialPropertyRightsMember" xml:lang="en-US" id="label_CommercialPropertyRightsMember">This member stands for the information pertaining to commercial property rights.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommercialPropertyRightsMember" xlink:to="label_CommercialPropertyRightsMember" xlink:title="Label : CommercialPropertyRightsMember to label_CommercialPropertyRightsMember" />
    <link:label xlink:type="resource" xlink:label="label_CommercialPropertyRightsMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CommercialPropertyRightsMember_1" xml:lang="en-US" id="label_CommercialPropertyRightsMember_1">Commercial property rights [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommercialPropertyRightsMember" xlink:to="label_CommercialPropertyRightsMember_1" xlink:title="Label : CommercialPropertyRightsMember to label_CommercialPropertyRightsMember_1" />
    <link:label xlink:type="resource" xlink:label="label_CommercialPropertyRightsMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CommercialPropertyRightsMember_2" xml:lang="en-US" id="label_CommercialPropertyRightsMember_2">Commercial property rights [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommercialPropertyRightsMember" xlink:to="label_CommercialPropertyRightsMember_2" xlink:title="Label : CommercialPropertyRightsMember to label_CommercialPropertyRightsMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DistributionRightsAssetMember" xlink:label="DistributionRightsAssetMember" xlink:title="DistributionRightsAssetMember" />
    <link:label xlink:type="resource" xlink:label="label_DistributionRightsAssetMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DistributionRightsAssetMember" xml:lang="en-US" id="label_DistributionRightsAssetMember">This member stands for the information pertaining to distribution rights asset.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DistributionRightsAssetMember" xlink:to="label_DistributionRightsAssetMember" xlink:title="Label : DistributionRightsAssetMember to label_DistributionRightsAssetMember" />
    <link:label xlink:type="resource" xlink:label="label_DistributionRightsAssetMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DistributionRightsAssetMember_1" xml:lang="en-US" id="label_DistributionRightsAssetMember_1">Distribution rights asset [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DistributionRightsAssetMember" xlink:to="label_DistributionRightsAssetMember_1" xlink:title="Label : DistributionRightsAssetMember to label_DistributionRightsAssetMember_1" />
    <link:label xlink:type="resource" xlink:label="label_DistributionRightsAssetMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DistributionRightsAssetMember_2" xml:lang="en-US" id="label_DistributionRightsAssetMember_2">Distribution rights asset [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DistributionRightsAssetMember" xlink:to="label_DistributionRightsAssetMember_2" xlink:title="Label : DistributionRightsAssetMember to label_DistributionRightsAssetMember_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_BrandNamesMember" xlink:label="BrandNamesMember" xlink:title="BrandNamesMember" />
    <link:label xlink:type="resource" xlink:label="label_BrandNamesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_BrandNamesMember" xml:lang="en-US" id="label_BrandNamesMember">Brands [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BrandNamesMember" xlink:to="label_BrandNamesMember" xlink:title="Label : BrandNamesMember to label_BrandNamesMember" />
    <link:label xlink:type="resource" xlink:label="label_BrandNamesMember_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_BrandNamesMember_1" xml:lang="en-US" id="label_BrandNamesMember_1">Brand names [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BrandNamesMember" xlink:to="label_BrandNamesMember_1" xlink:title="Label : BrandNamesMember to label_BrandNamesMember_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_TrademarkRightsMember" xlink:label="TrademarkRightsMember" xlink:title="TrademarkRightsMember" />
    <link:label xlink:type="resource" xlink:label="label_TrademarkRightsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_TrademarkRightsMember" xml:lang="en-US" id="label_TrademarkRightsMember">This member stands for the information pertaining to trademark rights.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TrademarkRightsMember" xlink:to="label_TrademarkRightsMember" xlink:title="Label : TrademarkRightsMember to label_TrademarkRightsMember" />
    <link:label xlink:type="resource" xlink:label="label_TrademarkRightsMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TrademarkRightsMember_1" xml:lang="en-US" id="label_TrademarkRightsMember_1">Trademark rights [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TrademarkRightsMember" xlink:to="label_TrademarkRightsMember_1" xlink:title="Label : TrademarkRightsMember to label_TrademarkRightsMember_1" />
    <link:label xlink:type="resource" xlink:label="label_TrademarkRightsMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TrademarkRightsMember_2" xml:lang="en-US" id="label_TrademarkRightsMember_2">Trademark rights [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TrademarkRightsMember" xlink:to="label_TrademarkRightsMember_2" xlink:title="Label : TrademarkRightsMember to label_TrademarkRightsMember_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherIntangibleAssetsMember" xlink:label="OtherIntangibleAssetsMember" xlink:title="OtherIntangibleAssetsMember" />
    <link:label xlink:type="resource" xlink:label="label_OtherIntangibleAssetsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherIntangibleAssetsMember" xml:lang="en-US" id="label_OtherIntangibleAssetsMember">Other intangible assets [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherIntangibleAssetsMember" xlink:to="label_OtherIntangibleAssetsMember" xlink:title="Label : OtherIntangibleAssetsMember to label_OtherIntangibleAssetsMember" />
    <link:label xlink:type="resource" xlink:label="label_OtherIntangibleAssetsMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherIntangibleAssetsMember_1" xml:lang="en-US" id="label_OtherIntangibleAssetsMember_1">Others [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherIntangibleAssetsMember" xlink:to="label_OtherIntangibleAssetsMember_1" xlink:title="Label : OtherIntangibleAssetsMember to label_OtherIntangibleAssetsMember_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DecarbonizationCreditsMember" xlink:label="DecarbonizationCreditsMember" xlink:title="DecarbonizationCreditsMember" />
    <link:label xlink:type="resource" xlink:label="label_DecarbonizationCreditsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DecarbonizationCreditsMember" xml:lang="en-US" id="label_DecarbonizationCreditsMember">Decarbonization Credits [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecarbonizationCreditsMember" xlink:to="label_DecarbonizationCreditsMember" xlink:title="Label : DecarbonizationCreditsMember to label_DecarbonizationCreditsMember" />
    <link:label xlink:type="resource" xlink:label="label_DecarbonizationCreditsMember_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DecarbonizationCreditsMember_1" xml:lang="en-US" id="label_DecarbonizationCreditsMember_1">This member stands for information pertaining to decarbonization credits.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecarbonizationCreditsMember" xlink:to="label_DecarbonizationCreditsMember_1" xlink:title="Label : DecarbonizationCreditsMember to label_DecarbonizationCreditsMember_1" />
    <link:label xlink:type="resource" xlink:label="label_DecarbonizationCreditsMember_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DecarbonizationCreditsMember_2" xml:lang="en-US" id="label_DecarbonizationCreditsMember_2">Decarbonization credits [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecarbonizationCreditsMember" xlink:to="label_DecarbonizationCreditsMember_2" xlink:title="Label : DecarbonizationCreditsMember to label_DecarbonizationCreditsMember_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfIntangibleAssetsLineItems" xlink:label="DisclosureOfIntangibleAssetsLineItems" xlink:title="DisclosureOfIntangibleAssetsLineItems" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfIntangibleAssetsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfIntangibleAssetsLineItems" xml:lang="en-US" id="label_DisclosureOfIntangibleAssetsLineItems">Disclosure of detailed information about intangible assets [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfIntangibleAssetsLineItems" xlink:to="label_DisclosureOfIntangibleAssetsLineItems" xlink:title="Label : DisclosureOfIntangibleAssetsLineItems to label_DisclosureOfIntangibleAssetsLineItems" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfIntangibleAssetsLineItems_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DisclosureOfIntangibleAssetsLineItems_1" xml:lang="en-US" id="label_DisclosureOfIntangibleAssetsLineItems_1">Disclosure of detailed information about intangible assets [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfIntangibleAssetsLineItems" xlink:to="label_DisclosureOfIntangibleAssetsLineItems_1" xlink:title="Label : DisclosureOfIntangibleAssetsLineItems to label_DisclosureOfIntangibleAssetsLineItems_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill" xlink:label="UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill" xlink:title="UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill" />
    <link:label xlink:type="resource" xlink:label="label_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill" xml:lang="en-US" id="label_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill">Weighted average useful life (years)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill" xlink:to="label_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill" xlink:title="Label : UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill to label_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill" />
    <link:label xlink:type="resource" xlink:label="label_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill_1" xml:lang="en-US" id="label_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill_1">Useful life measured as period of time, intangible assets other than goodwill</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill" xlink:to="label_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill_1" xlink:title="Label : UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill to label_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:label="AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:title="AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" />
    <link:label xlink:type="resource" xlink:label="label_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xml:lang="en-US" id="label_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill">Additions other than through business combinations, intangible assets other than goodwill</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:to="label_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:title="Label : AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill to label_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" />
    <link:label xlink:type="resource" xlink:label="label_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_1" xml:lang="en-US" id="label_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_1">Intangible assets, additions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:to="label_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_1" xlink:title="Label : AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill to label_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill" xlink:label="AmortisationIntangibleAssetsOtherThanGoodwill" xlink:title="AmortisationIntangibleAssetsOtherThanGoodwill" />
    <link:label xlink:type="resource" xlink:label="label_AmortisationIntangibleAssetsOtherThanGoodwill" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_AmortisationIntangibleAssetsOtherThanGoodwill" xml:lang="en-US" id="label_AmortisationIntangibleAssetsOtherThanGoodwill">Amortization expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmortisationIntangibleAssetsOtherThanGoodwill" xlink:to="label_AmortisationIntangibleAssetsOtherThanGoodwill" xlink:title="Label : AmortisationIntangibleAssetsOtherThanGoodwill to label_AmortisationIntangibleAssetsOtherThanGoodwill" />
    <link:label xlink:type="resource" xlink:label="label_AmortisationIntangibleAssetsOtherThanGoodwill_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_AmortisationIntangibleAssetsOtherThanGoodwill_1" xml:lang="en-US" id="label_AmortisationIntangibleAssetsOtherThanGoodwill_1">Intangible assets, amortization</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmortisationIntangibleAssetsOtherThanGoodwill" xlink:to="label_AmortisationIntangibleAssetsOtherThanGoodwill_1" xlink:title="Label : AmortisationIntangibleAssetsOtherThanGoodwill to label_AmortisationIntangibleAssetsOtherThanGoodwill_1" />
    <link:label xlink:type="resource" xlink:label="label_AmortisationIntangibleAssetsOtherThanGoodwill_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AmortisationIntangibleAssetsOtherThanGoodwill_2" xml:lang="en-US" id="label_AmortisationIntangibleAssetsOtherThanGoodwill_2">Amortisation, intangible assets other than goodwill</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmortisationIntangibleAssetsOtherThanGoodwill" xlink:to="label_AmortisationIntangibleAssetsOtherThanGoodwill_2" xlink:title="Label : AmortisationIntangibleAssetsOtherThanGoodwill to label_AmortisationIntangibleAssetsOtherThanGoodwill_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" xlink:label="IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" xlink:title="IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" xml:lang="en-US" id="label_IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill">Intangible assets, transfer</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" xlink:to="label_IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" xlink:title="Label : IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill to label_IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill_1" xml:lang="en-US" id="label_IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill_1">Increase (decrease) through transfers, intangible assets and goodwill</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" xlink:to="label_IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill_1" xlink:title="Label : IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill to label_IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisposalsIntangibleAssetsAndGoodwill" xlink:label="DisposalsIntangibleAssetsAndGoodwill" xlink:title="DisposalsIntangibleAssetsAndGoodwill" />
    <link:label xlink:type="resource" xlink:label="label_DisposalsIntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_DisposalsIntangibleAssetsAndGoodwill" xml:lang="en-US" id="label_DisposalsIntangibleAssetsAndGoodwill">Intangible assets, write-offs and disposals</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisposalsIntangibleAssetsAndGoodwill" xlink:to="label_DisposalsIntangibleAssetsAndGoodwill" xlink:title="Label : DisposalsIntangibleAssetsAndGoodwill to label_DisposalsIntangibleAssetsAndGoodwill" />
    <link:label xlink:type="resource" xlink:label="label_DisposalsIntangibleAssetsAndGoodwill_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisposalsIntangibleAssetsAndGoodwill_1" xml:lang="en-US" id="label_DisposalsIntangibleAssetsAndGoodwill_1">Disposals, intangible assets and goodwill</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisposalsIntangibleAssetsAndGoodwill" xlink:to="label_DisposalsIntangibleAssetsAndGoodwill_1" xlink:title="Label : DisposalsIntangibleAssetsAndGoodwill to label_DisposalsIntangibleAssetsAndGoodwill_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" xlink:label="IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" xlink:title="IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" xml:lang="en-US" id="label_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill">Intangible assets, effect of foreign currency exchange rate variation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" xlink:to="label_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" xlink:title="Label : IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill to label_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill_1" xml:lang="en-US" id="label_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill_1">Increase (decrease) through net exchange differences, intangible assets and goodwill</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" xlink:to="label_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill_1" xlink:title="Label : IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill to label_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RetirementsIntangibleAssetsAndGoodwill" xlink:label="RetirementsIntangibleAssetsAndGoodwill" xlink:title="RetirementsIntangibleAssetsAndGoodwill" />
    <link:label xlink:type="resource" xlink:label="label_RetirementsIntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_RetirementsIntangibleAssetsAndGoodwill" xml:lang="en-US" id="label_RetirementsIntangibleAssetsAndGoodwill">Asset retirement obligation &#x2013; fuel tanks</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RetirementsIntangibleAssetsAndGoodwill" xlink:to="label_RetirementsIntangibleAssetsAndGoodwill" xlink:title="Label : RetirementsIntangibleAssetsAndGoodwill to label_RetirementsIntangibleAssetsAndGoodwill" />
    <link:label xlink:type="resource" xlink:label="label_RetirementsIntangibleAssetsAndGoodwill_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_RetirementsIntangibleAssetsAndGoodwill_1" xml:lang="en-US" id="label_RetirementsIntangibleAssetsAndGoodwill_1">Intangible assets, oxiteno andian</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RetirementsIntangibleAssetsAndGoodwill" xlink:to="label_RetirementsIntangibleAssetsAndGoodwill_1" xlink:title="Label : RetirementsIntangibleAssetsAndGoodwill to label_RetirementsIntangibleAssetsAndGoodwill_1" />
    <link:label xlink:type="resource" xlink:label="label_RetirementsIntangibleAssetsAndGoodwill_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RetirementsIntangibleAssetsAndGoodwill_2" xml:lang="en-US" id="label_RetirementsIntangibleAssetsAndGoodwill_2">Retirements, intangible assets and goodwill</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RetirementsIntangibleAssetsAndGoodwill" xlink:to="label_RetirementsIntangibleAssetsAndGoodwill_2" xlink:title="Label : RetirementsIntangibleAssetsAndGoodwill to label_RetirementsIntangibleAssetsAndGoodwill_2" />
    <link:label xlink:type="resource" xlink:label="label_RetirementsIntangibleAssetsAndGoodwill_3" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:title="label_RetirementsIntangibleAssetsAndGoodwill_3" xml:lang="en-US" id="label_RetirementsIntangibleAssetsAndGoodwill_3">Intangible assets, oxiteno andian</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RetirementsIntangibleAssetsAndGoodwill" xlink:to="label_RetirementsIntangibleAssetsAndGoodwill_3" xlink:title="Label : RetirementsIntangibleAssetsAndGoodwill to label_RetirementsIntangibleAssetsAndGoodwill_3" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill" xlink:label="AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill" xlink:title="AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill" />
    <link:label xlink:type="resource" xlink:label="label_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill" xml:lang="en-US" id="label_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill">Intangible assets opening balance TEAS</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill" xlink:to="label_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill" xlink:title="Label : AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill to label_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill" />
    <link:label xlink:type="resource" xlink:label="label_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill_1" xml:lang="en-US" id="label_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill_1">Acquisitions through business combinations, intangible assets and goodwill</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill" xlink:to="label_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill_1" xlink:title="Label : AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill to label_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_InventoriesAndCostOfProductsAndServicesSoldAmortisation" xlink:label="InventoriesAndCostOfProductsAndServicesSoldAmortisation" xlink:title="InventoriesAndCostOfProductsAndServicesSoldAmortisation" />
    <link:label xlink:type="resource" xlink:label="label_InventoriesAndCostOfProductsAndServicesSoldAmortisation" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_InventoriesAndCostOfProductsAndServicesSoldAmortisation" xml:lang="en-US" id="label_InventoriesAndCostOfProductsAndServicesSoldAmortisation">Inventories and cost of products and services sold amortisation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InventoriesAndCostOfProductsAndServicesSoldAmortisation" xlink:to="label_InventoriesAndCostOfProductsAndServicesSoldAmortisation" xlink:title="Label : InventoriesAndCostOfProductsAndServicesSoldAmortisation to label_InventoriesAndCostOfProductsAndServicesSoldAmortisation" />
    <link:label xlink:type="resource" xlink:label="label_InventoriesAndCostOfProductsAndServicesSoldAmortisation_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_InventoriesAndCostOfProductsAndServicesSoldAmortisation_1" xml:lang="en-US" id="label_InventoriesAndCostOfProductsAndServicesSoldAmortisation_1">Inventories and cost of products and services sold</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InventoriesAndCostOfProductsAndServicesSoldAmortisation" xlink:to="label_InventoriesAndCostOfProductsAndServicesSoldAmortisation_1" xlink:title="Label : InventoriesAndCostOfProductsAndServicesSoldAmortisation to label_InventoriesAndCostOfProductsAndServicesSoldAmortisation_1" />
    <link:label xlink:type="resource" xlink:label="label_InventoriesAndCostOfProductsAndServicesSoldAmortisation_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_InventoriesAndCostOfProductsAndServicesSoldAmortisation_2" xml:lang="en-US" id="label_InventoriesAndCostOfProductsAndServicesSoldAmortisation_2">The amount of amortisation expense recognized as Inventories and cost of products and services sold.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InventoriesAndCostOfProductsAndServicesSoldAmortisation" xlink:to="label_InventoriesAndCostOfProductsAndServicesSoldAmortisation_2" xlink:title="Label : InventoriesAndCostOfProductsAndServicesSoldAmortisation to label_InventoriesAndCostOfProductsAndServicesSoldAmortisation_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_SellingAndMarketingAmortisation" xlink:label="SellingAndMarketingAmortisation" xlink:title="SellingAndMarketingAmortisation" />
    <link:label xlink:type="resource" xlink:label="label_SellingAndMarketingAmortisation" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SellingAndMarketingAmortisation" xml:lang="en-US" id="label_SellingAndMarketingAmortisation">Selling and marketing amortisation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SellingAndMarketingAmortisation" xlink:to="label_SellingAndMarketingAmortisation" xlink:title="Label : SellingAndMarketingAmortisation to label_SellingAndMarketingAmortisation" />
    <link:label xlink:type="resource" xlink:label="label_SellingAndMarketingAmortisation_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_SellingAndMarketingAmortisation_1" xml:lang="en-US" id="label_SellingAndMarketingAmortisation_1">Selling and marketing</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SellingAndMarketingAmortisation" xlink:to="label_SellingAndMarketingAmortisation_1" xlink:title="Label : SellingAndMarketingAmortisation to label_SellingAndMarketingAmortisation_1" />
    <link:label xlink:type="resource" xlink:label="label_SellingAndMarketingAmortisation_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_SellingAndMarketingAmortisation_2" xml:lang="en-US" id="label_SellingAndMarketingAmortisation_2">The amount of amortisation expense recognized as Selling and marketing.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SellingAndMarketingAmortisation" xlink:to="label_SellingAndMarketingAmortisation_2" xlink:title="Label : SellingAndMarketingAmortisation to label_SellingAndMarketingAmortisation_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_GeneralAndAdministrativeAmortisation" xlink:label="GeneralAndAdministrativeAmortisation" xlink:title="GeneralAndAdministrativeAmortisation" />
    <link:label xlink:type="resource" xlink:label="label_GeneralAndAdministrativeAmortisation" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GeneralAndAdministrativeAmortisation" xml:lang="en-US" id="label_GeneralAndAdministrativeAmortisation">General and administrative amortisation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GeneralAndAdministrativeAmortisation" xlink:to="label_GeneralAndAdministrativeAmortisation" xlink:title="Label : GeneralAndAdministrativeAmortisation to label_GeneralAndAdministrativeAmortisation" />
    <link:label xlink:type="resource" xlink:label="label_GeneralAndAdministrativeAmortisation_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_GeneralAndAdministrativeAmortisation_1" xml:lang="en-US" id="label_GeneralAndAdministrativeAmortisation_1">General and administrative</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GeneralAndAdministrativeAmortisation" xlink:to="label_GeneralAndAdministrativeAmortisation_1" xlink:title="Label : GeneralAndAdministrativeAmortisation to label_GeneralAndAdministrativeAmortisation_1" />
    <link:label xlink:type="resource" xlink:label="label_GeneralAndAdministrativeAmortisation_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_GeneralAndAdministrativeAmortisation_2" xml:lang="en-US" id="label_GeneralAndAdministrativeAmortisation_2">The amount of amortisation expense recognized as General and administrative.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GeneralAndAdministrativeAmortisation" xlink:to="label_GeneralAndAdministrativeAmortisation_2" xlink:title="Label : GeneralAndAdministrativeAmortisation to label_GeneralAndAdministrativeAmortisation_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillTable" xlink:label="DisclosureOfReconciliationOfChangesInGoodwillTable" xlink:title="DisclosureOfReconciliationOfChangesInGoodwillTable" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfReconciliationOfChangesInGoodwillTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfReconciliationOfChangesInGoodwillTable" xml:lang="en-US" id="label_DisclosureOfReconciliationOfChangesInGoodwillTable">Disclosure of reconciliation of changes in goodwill [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfReconciliationOfChangesInGoodwillTable" xlink:to="label_DisclosureOfReconciliationOfChangesInGoodwillTable" xlink:title="Label : DisclosureOfReconciliationOfChangesInGoodwillTable to label_DisclosureOfReconciliationOfChangesInGoodwillTable" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_BusinessCombinationsAxis" xlink:label="BusinessCombinationsAxis" xlink:title="BusinessCombinationsAxis" />
    <link:label xlink:type="resource" xlink:label="label_BusinessCombinationsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_BusinessCombinationsAxis" xml:lang="en-US" id="label_BusinessCombinationsAxis">Business combinations [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BusinessCombinationsAxis" xlink:to="label_BusinessCombinationsAxis" xlink:title="Label : BusinessCombinationsAxis to label_BusinessCombinationsAxis" />
    <link:label xlink:type="resource" xlink:label="label_BusinessCombinationsAxis_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_BusinessCombinationsAxis_1" xml:lang="en-US" id="label_BusinessCombinationsAxis_1">Business combinations [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BusinessCombinationsAxis" xlink:to="label_BusinessCombinationsAxis_1" xlink:title="Label : BusinessCombinationsAxis to label_BusinessCombinationsAxis_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_EntitysTotalForBusinessCombinationsMember" xlink:label="EntitysTotalForBusinessCombinationsMember" xlink:title="EntitysTotalForBusinessCombinationsMember" />
    <link:label xlink:type="resource" xlink:label="label_EntitysTotalForBusinessCombinationsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EntitysTotalForBusinessCombinationsMember" xml:lang="en-US" id="label_EntitysTotalForBusinessCombinationsMember">Entity's total for business combinations [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntitysTotalForBusinessCombinationsMember" xlink:to="label_EntitysTotalForBusinessCombinationsMember" xlink:title="Label : EntitysTotalForBusinessCombinationsMember to label_EntitysTotalForBusinessCombinationsMember" />
    <link:label xlink:type="resource" xlink:label="label_EntitysTotalForBusinessCombinationsMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_EntitysTotalForBusinessCombinationsMember_1" xml:lang="en-US" id="label_EntitysTotalForBusinessCombinationsMember_1">Entity's total for business combinations [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntitysTotalForBusinessCombinationsMember" xlink:to="label_EntitysTotalForBusinessCombinationsMember_1" xlink:title="Label : EntitysTotalForBusinessCombinationsMember to label_EntitysTotalForBusinessCombinationsMember_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_UniaoTerminaisMember" xlink:label="UniaoTerminaisMember" xlink:title="UniaoTerminaisMember" />
    <link:label xlink:type="resource" xlink:label="label_UniaoTerminaisMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_UniaoTerminaisMember" xml:lang="en-US" id="label_UniaoTerminaisMember">This member stands for the information pertaining to Uniao Terminais.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UniaoTerminaisMember" xlink:to="label_UniaoTerminaisMember" xlink:title="Label : UniaoTerminaisMember to label_UniaoTerminaisMember" />
    <link:label xlink:type="resource" xlink:label="label_UniaoTerminaisMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_UniaoTerminaisMember_1" xml:lang="en-US" id="label_UniaoTerminaisMember_1">Uniao Terminais [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UniaoTerminaisMember" xlink:to="label_UniaoTerminaisMember_1" xlink:title="Label : UniaoTerminaisMember to label_UniaoTerminaisMember_1" />
    <link:label xlink:type="resource" xlink:label="label_UniaoTerminaisMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_UniaoTerminaisMember_2" xml:lang="en-US" id="label_UniaoTerminaisMember_2">Uniao Terminais [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UniaoTerminaisMember" xlink:to="label_UniaoTerminaisMember_2" xlink:title="Label : UniaoTerminaisMember to label_UniaoTerminaisMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_TexacoMember" xlink:label="TexacoMember" xlink:title="TexacoMember" />
    <link:label xlink:type="resource" xlink:label="label_TexacoMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_TexacoMember" xml:lang="en-US" id="label_TexacoMember">This member stands for the information pertaining to Texaco.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TexacoMember" xlink:to="label_TexacoMember" xlink:title="Label : TexacoMember to label_TexacoMember" />
    <link:label xlink:type="resource" xlink:label="label_TexacoMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TexacoMember_1" xml:lang="en-US" id="label_TexacoMember_1">Texaco [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TexacoMember" xlink:to="label_TexacoMember_1" xlink:title="Label : TexacoMember to label_TexacoMember_1" />
    <link:label xlink:type="resource" xlink:label="label_TexacoMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TexacoMember_2" xml:lang="en-US" id="label_TexacoMember_2">Texaco [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TexacoMember" xlink:to="label_TexacoMember_2" xlink:title="Label : TexacoMember to label_TexacoMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_IconicCblsamemberMember" xlink:label="IconicCblsamemberMember" xlink:title="IconicCblsamemberMember" />
    <link:label xlink:type="resource" xlink:label="label_IconicCblsamemberMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IconicCblsamemberMember" xml:lang="en-US" id="label_IconicCblsamemberMember">Iconic Cblsamember [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IconicCblsamemberMember" xlink:to="label_IconicCblsamemberMember" xlink:title="Label : IconicCblsamemberMember to label_IconicCblsamemberMember" />
    <link:label xlink:type="resource" xlink:label="label_IconicCblsamemberMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IconicCblsamemberMember_1" xml:lang="en-US" id="label_IconicCblsamemberMember_1">Iconic (CBLSA)[member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IconicCblsamemberMember" xlink:to="label_IconicCblsamemberMember_1" xlink:title="Label : IconicCblsamemberMember to label_IconicCblsamemberMember_1" />
    <link:label xlink:type="resource" xlink:label="label_IconicCblsamemberMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_IconicCblsamemberMember_2" xml:lang="en-US" id="label_IconicCblsamemberMember_2">This member stands for the information pertaining to Iconic (CBLSA).</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IconicCblsamemberMember" xlink:to="label_IconicCblsamemberMember_2" xlink:title="Label : IconicCblsamemberMember to label_IconicCblsamemberMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_TemmarMember" xlink:label="TemmarMember" xlink:title="TemmarMember" />
    <link:label xlink:type="resource" xlink:label="label_TemmarMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_TemmarMember" xml:lang="en-US" id="label_TemmarMember">This member stands for the information pertaining to Temmar.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TemmarMember" xlink:to="label_TemmarMember" xlink:title="Label : TemmarMember to label_TemmarMember" />
    <link:label xlink:type="resource" xlink:label="label_TemmarMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TemmarMember_1" xml:lang="en-US" id="label_TemmarMember_1">Temmar [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TemmarMember" xlink:to="label_TemmarMember_1" xlink:title="Label : TemmarMember to label_TemmarMember_1" />
    <link:label xlink:type="resource" xlink:label="label_TemmarMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TemmarMember_2" xml:lang="en-US" id="label_TemmarMember_2">Temmar [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TemmarMember" xlink:to="label_TemmarMember_2" xlink:title="Label : TemmarMember to label_TemmarMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DNPMember" xlink:label="DNPMember" xlink:title="DNPMember" />
    <link:label xlink:type="resource" xlink:label="label_DNPMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DNPMember" xml:lang="en-US" id="label_DNPMember">D N P [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DNPMember" xlink:to="label_DNPMember" xlink:title="Label : DNPMember to label_DNPMember" />
    <link:label xlink:type="resource" xlink:label="label_DNPMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DNPMember_1" xml:lang="en-US" id="label_DNPMember_1">DNP [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DNPMember" xlink:to="label_DNPMember_1" xlink:title="Label : DNPMember to label_DNPMember_1" />
    <link:label xlink:type="resource" xlink:label="label_DNPMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DNPMember_2" xml:lang="en-US" id="label_DNPMember_2">This member stands for the information pertaining to DNP.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DNPMember" xlink:to="label_DNPMember_2" xlink:title="Label : DNPMember to label_DNPMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_RepsolMember" xlink:label="RepsolMember" xlink:title="RepsolMember" />
    <link:label xlink:type="resource" xlink:label="label_RepsolMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_RepsolMember" xml:lang="en-US" id="label_RepsolMember">This member stands for the information pertaining to Repsol.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RepsolMember" xlink:to="label_RepsolMember" xlink:title="Label : RepsolMember to label_RepsolMember" />
    <link:label xlink:type="resource" xlink:label="label_RepsolMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_RepsolMember_1" xml:lang="en-US" id="label_RepsolMember_1">Repsol [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RepsolMember" xlink:to="label_RepsolMember_1" xlink:title="Label : RepsolMember to label_RepsolMember_1" />
    <link:label xlink:type="resource" xlink:label="label_RepsolMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RepsolMember_2" xml:lang="en-US" id="label_RepsolMember_2">Repsol [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RepsolMember" xlink:to="label_RepsolMember_2" xlink:title="Label : RepsolMember to label_RepsolMember_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_BusinessCombinationsMember" xlink:label="BusinessCombinationsMember" xlink:title="BusinessCombinationsMember" />
    <link:label xlink:type="resource" xlink:label="label_BusinessCombinationsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_BusinessCombinationsMember" xml:lang="en-US" id="label_BusinessCombinationsMember">Business combinations [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BusinessCombinationsMember" xlink:to="label_BusinessCombinationsMember" xlink:title="Label : BusinessCombinationsMember to label_BusinessCombinationsMember" />
    <link:label xlink:type="resource" xlink:label="label_BusinessCombinationsMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_BusinessCombinationsMember_1" xml:lang="en-US" id="label_BusinessCombinationsMember_1">Others [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BusinessCombinationsMember" xlink:to="label_BusinessCombinationsMember_1" xlink:title="Label : BusinessCombinationsMember to label_BusinessCombinationsMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillLineItems" xlink:label="DisclosureOfReconciliationOfChangesInGoodwillLineItems" xlink:title="DisclosureOfReconciliationOfChangesInGoodwillLineItems" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfReconciliationOfChangesInGoodwillLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfReconciliationOfChangesInGoodwillLineItems" xml:lang="en-US" id="label_DisclosureOfReconciliationOfChangesInGoodwillLineItems">Disclosure of reconciliation of changes in goodwill [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfReconciliationOfChangesInGoodwillLineItems" xlink:to="label_DisclosureOfReconciliationOfChangesInGoodwillLineItems" xlink:title="Label : DisclosureOfReconciliationOfChangesInGoodwillLineItems to label_DisclosureOfReconciliationOfChangesInGoodwillLineItems" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwillGross" xlink:label="AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwillGross" xlink:title="AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwillGross" />
    <link:label xlink:type="resource" xlink:label="label_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwillGross" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwillGross" xml:lang="en-US" id="label_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwillGross">Acquisitions Through Business Combinations Intangible Assets And Goodwill Gross</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwillGross" xlink:to="label_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwillGross" xlink:title="Label : AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwillGross to label_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwillGross" />
    <link:label xlink:type="resource" xlink:label="label_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwillGross_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwillGross_1" xml:lang="en-US" id="label_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwillGross_1">Goodwill acquisition gross</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwillGross" xlink:to="label_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwillGross_1" xlink:title="Label : AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwillGross to label_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwillGross_1" />
    <link:label xlink:type="resource" xlink:label="label_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwillGross_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwillGross_2" xml:lang="en-US" id="label_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwillGross_2">Acquisitions through business combinations intangible assets and goodwill gross.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwillGross" xlink:to="label_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwillGross_2" xlink:title="Label : AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwillGross to label_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwillGross_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:label="ImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:title="ImpairmentLossRecognisedInProfitOrLossGoodwill" />
    <link:label xlink:type="resource" xlink:label="label_ImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_ImpairmentLossRecognisedInProfitOrLossGoodwill" xml:lang="en-US" id="label_ImpairmentLossRecognisedInProfitOrLossGoodwill">Goodwill acquisition impairment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:to="label_ImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:title="Label : ImpairmentLossRecognisedInProfitOrLossGoodwill to label_ImpairmentLossRecognisedInProfitOrLossGoodwill" />
    <link:label xlink:type="resource" xlink:label="label_ImpairmentLossRecognisedInProfitOrLossGoodwill_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ImpairmentLossRecognisedInProfitOrLossGoodwill_1" xml:lang="en-US" id="label_ImpairmentLossRecognisedInProfitOrLossGoodwill_1">Impairment loss recognised in profit or loss, goodwill</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:to="label_ImpairmentLossRecognisedInProfitOrLossGoodwill_1" xlink:title="Label : ImpairmentLossRecognisedInProfitOrLossGoodwill to label_ImpairmentLossRecognisedInProfitOrLossGoodwill_1" />
    <link:label xlink:type="resource" xlink:label="label_ImpairmentLossRecognisedInProfitOrLossGoodwill_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ImpairmentLossRecognisedInProfitOrLossGoodwill_2" xml:lang="en-US" id="label_ImpairmentLossRecognisedInProfitOrLossGoodwill_2">Goodwill impairment loss</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:to="label_ImpairmentLossRecognisedInProfitOrLossGoodwill_2" xlink:title="Label : ImpairmentLossRecognisedInProfitOrLossGoodwill to label_ImpairmentLossRecognisedInProfitOrLossGoodwill_2" />
    <link:label xlink:type="resource" xlink:label="label_ImpairmentLossRecognisedInProfitOrLossGoodwill_3" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xlink:title="label_ImpairmentLossRecognisedInProfitOrLossGoodwill_3" xml:lang="en-US" id="label_ImpairmentLossRecognisedInProfitOrLossGoodwill_3">Impairment loss</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:to="label_ImpairmentLossRecognisedInProfitOrLossGoodwill_3" xlink:title="Label : ImpairmentLossRecognisedInProfitOrLossGoodwill to label_ImpairmentLossRecognisedInProfitOrLossGoodwill_3" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_GoodwillAcquisitionSegment" xlink:label="GoodwillAcquisitionSegment" xlink:title="GoodwillAcquisitionSegment" />
    <link:label xlink:type="resource" xlink:label="label_GoodwillAcquisitionSegment" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_GoodwillAcquisitionSegment" xml:lang="en-US" id="label_GoodwillAcquisitionSegment">The description of goodwill acquisition segment.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GoodwillAcquisitionSegment" xlink:to="label_GoodwillAcquisitionSegment" xlink:title="Label : GoodwillAcquisitionSegment to label_GoodwillAcquisitionSegment" />
    <link:label xlink:type="resource" xlink:label="label_GoodwillAcquisitionSegment_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_GoodwillAcquisitionSegment_1" xml:lang="en-US" id="label_GoodwillAcquisitionSegment_1">Segment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GoodwillAcquisitionSegment" xlink:to="label_GoodwillAcquisitionSegment_1" xlink:title="Label : GoodwillAcquisitionSegment to label_GoodwillAcquisitionSegment_1" />
    <link:label xlink:type="resource" xlink:label="label_GoodwillAcquisitionSegment_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GoodwillAcquisitionSegment_2" xml:lang="en-US" id="label_GoodwillAcquisitionSegment_2">Goodwill acquisition segment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GoodwillAcquisitionSegment" xlink:to="label_GoodwillAcquisitionSegment_2" xlink:title="Label : GoodwillAcquisitionSegment to label_GoodwillAcquisitionSegment_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AdditionalRecognitionGoodwill" xlink:label="AdditionalRecognitionGoodwill" xlink:title="AdditionalRecognitionGoodwill" />
    <link:label xlink:type="resource" xlink:label="label_AdditionalRecognitionGoodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdditionalRecognitionGoodwill" xml:lang="en-US" id="label_AdditionalRecognitionGoodwill">Additional recognition, goodwill</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionalRecognitionGoodwill" xlink:to="label_AdditionalRecognitionGoodwill" xlink:title="Label : AdditionalRecognitionGoodwill to label_AdditionalRecognitionGoodwill" />
    <link:label xlink:type="resource" xlink:label="label_AdditionalRecognitionGoodwill_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AdditionalRecognitionGoodwill_1" xml:lang="en-US" id="label_AdditionalRecognitionGoodwill_1">Goodwill</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionalRecognitionGoodwill" xlink:to="label_AdditionalRecognitionGoodwill_1" xlink:title="Label : AdditionalRecognitionGoodwill to label_AdditionalRecognitionGoodwill_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_PeriodOfEvaluation" xlink:label="PeriodOfEvaluation" xlink:title="PeriodOfEvaluation" />
    <link:label xlink:type="resource" xlink:label="label_PeriodOfEvaluation" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_PeriodOfEvaluation" xml:lang="en-US" id="label_PeriodOfEvaluation">The evaluation period used to calculate the value.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PeriodOfEvaluation" xlink:to="label_PeriodOfEvaluation" xlink:title="Label : PeriodOfEvaluation to label_PeriodOfEvaluation" />
    <link:label xlink:type="resource" xlink:label="label_PeriodOfEvaluation_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_PeriodOfEvaluation_1" xml:lang="en-US" id="label_PeriodOfEvaluation_1">Period of evaluation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PeriodOfEvaluation" xlink:to="label_PeriodOfEvaluation_1" xlink:title="Label : PeriodOfEvaluation to label_PeriodOfEvaluation_1" />
    <link:label xlink:type="resource" xlink:label="label_PeriodOfEvaluation_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PeriodOfEvaluation_2" xml:lang="en-US" id="label_PeriodOfEvaluation_2">Period of evaluation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PeriodOfEvaluation" xlink:to="label_PeriodOfEvaluation_2" xlink:title="Label : PeriodOfEvaluation to label_PeriodOfEvaluation_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_PeriodToMaturity" xlink:label="PeriodToMaturity" xlink:title="PeriodToMaturity" />
    <link:label xlink:type="resource" xlink:label="label_PeriodToMaturity" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_PeriodToMaturity" xml:lang="en-US" id="label_PeriodToMaturity">The maturity period of new stores considered.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PeriodToMaturity" xlink:to="label_PeriodToMaturity" xlink:title="Label : PeriodToMaturity to label_PeriodToMaturity" />
    <link:label xlink:type="resource" xlink:label="label_PeriodToMaturity_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_PeriodToMaturity_1" xml:lang="en-US" id="label_PeriodToMaturity_1">Period to maturity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PeriodToMaturity" xlink:to="label_PeriodToMaturity_1" xlink:title="Label : PeriodToMaturity to label_PeriodToMaturity_1" />
    <link:label xlink:type="resource" xlink:label="label_PeriodToMaturity_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PeriodToMaturity_2" xml:lang="en-US" id="label_PeriodToMaturity_2">Period to maturity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PeriodToMaturity" xlink:to="label_PeriodToMaturity_2" xlink:title="Label : PeriodToMaturity to label_PeriodToMaturity_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DiscountRate" xlink:label="DiscountRate" xlink:title="DiscountRate" />
    <link:label xlink:type="resource" xlink:label="label_DiscountRate" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DiscountRate" xml:lang="en-US" id="label_DiscountRate">The discount rate used to extrapolate the projections.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DiscountRate" xlink:to="label_DiscountRate" xlink:title="Label : DiscountRate to label_DiscountRate" />
    <link:label xlink:type="resource" xlink:label="label_DiscountRate_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DiscountRate_1" xml:lang="en-US" id="label_DiscountRate_1">Discount rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DiscountRate" xlink:to="label_DiscountRate_1" xlink:title="Label : DiscountRate to label_DiscountRate_1" />
    <link:label xlink:type="resource" xlink:label="label_DiscountRate_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DiscountRate_2" xml:lang="en-US" id="label_DiscountRate_2">Discount Rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DiscountRate" xlink:to="label_DiscountRate_2" xlink:title="Label : DiscountRate to label_DiscountRate_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_RealGrowthRate" xlink:label="RealGrowthRate" xlink:title="RealGrowthRate" />
    <link:label xlink:type="resource" xlink:label="label_RealGrowthRate" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_RealGrowthRate" xml:lang="en-US" id="label_RealGrowthRate">The real growth rate used to extrapolate the projections.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RealGrowthRate" xlink:to="label_RealGrowthRate" xlink:title="Label : RealGrowthRate to label_RealGrowthRate" />
    <link:label xlink:type="resource" xlink:label="label_RealGrowthRate_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_RealGrowthRate_1" xml:lang="en-US" id="label_RealGrowthRate_1">Real growth rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RealGrowthRate" xlink:to="label_RealGrowthRate_1" xlink:title="Label : RealGrowthRate to label_RealGrowthRate_1" />
    <link:label xlink:type="resource" xlink:label="label_RealGrowthRate_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RealGrowthRate_2" xml:lang="en-US" id="label_RealGrowthRate_2">Real growth rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RealGrowthRate" xlink:to="label_RealGrowthRate_2" xlink:title="Label : RealGrowthRate to label_RealGrowthRate_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IntangibleAssetsUnderDevelopment" xlink:label="IntangibleAssetsUnderDevelopment" xlink:title="IntangibleAssetsUnderDevelopment" />
    <link:label xlink:type="resource" xlink:label="label_IntangibleAssetsUnderDevelopment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IntangibleAssetsUnderDevelopment" xml:lang="en-US" id="label_IntangibleAssetsUnderDevelopment">Intangible assets under development</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IntangibleAssetsUnderDevelopment" xlink:to="label_IntangibleAssetsUnderDevelopment" xlink:title="Label : IntangibleAssetsUnderDevelopment to label_IntangibleAssetsUnderDevelopment" />
    <link:label xlink:type="resource" xlink:label="label_IntangibleAssetsUnderDevelopment_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IntangibleAssetsUnderDevelopment_1" xml:lang="en-US" id="label_IntangibleAssetsUnderDevelopment_1">Software in progress</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IntangibleAssetsUnderDevelopment" xlink:to="label_IntangibleAssetsUnderDevelopment_1" xlink:title="Label : IntangibleAssetsUnderDevelopment to label_IntangibleAssetsUnderDevelopment_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ClassesOfLiabilitiesAxis" xlink:label="ClassesOfLiabilitiesAxis" xlink:title="ClassesOfLiabilitiesAxis" />
    <link:label xlink:type="resource" xlink:label="label_ClassesOfLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ClassesOfLiabilitiesAxis" xml:lang="en-US" id="label_ClassesOfLiabilitiesAxis">Classes of liabilities [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClassesOfLiabilitiesAxis" xlink:to="label_ClassesOfLiabilitiesAxis" xlink:title="Label : ClassesOfLiabilitiesAxis to label_ClassesOfLiabilitiesAxis" />
    <link:label xlink:type="resource" xlink:label="label_ClassesOfLiabilitiesAxis_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ClassesOfLiabilitiesAxis_1" xml:lang="en-US" id="label_ClassesOfLiabilitiesAxis_1">Classes of liabilities [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClassesOfLiabilitiesAxis" xlink:to="label_ClassesOfLiabilitiesAxis_1" xlink:title="Label : ClassesOfLiabilitiesAxis to label_ClassesOfLiabilitiesAxis_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LiabilitiesMember" xlink:label="LiabilitiesMember" xlink:title="LiabilitiesMember" />
    <link:label xlink:type="resource" xlink:label="label_LiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LiabilitiesMember" xml:lang="en-US" id="label_LiabilitiesMember">Liabilities [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesMember" xlink:to="label_LiabilitiesMember" xlink:title="Label : LiabilitiesMember to label_LiabilitiesMember" />
    <link:label xlink:type="resource" xlink:label="label_LiabilitiesMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LiabilitiesMember_1" xml:lang="en-US" id="label_LiabilitiesMember_1">Liabilities [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesMember" xlink:to="label_LiabilitiesMember_1" xlink:title="Label : LiabilitiesMember to label_LiabilitiesMember_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_Loan1Member" xlink:label="Loan1Member" xlink:title="Loan1Member" />
    <link:label xlink:type="resource" xlink:label="label_Loan1Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_Loan1Member" xml:lang="en-US" id="label_Loan1Member">This member stands for the information pertaining to loan 1.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan1Member" xlink:to="label_Loan1Member" xlink:title="Label : Loan1Member to label_Loan1Member" />
    <link:label xlink:type="resource" xlink:label="label_Loan1Member_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_Loan1Member_1" xml:lang="en-US" id="label_Loan1Member_1">Loan 1 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan1Member" xlink:to="label_Loan1Member_1" xlink:title="Label : Loan1Member to label_Loan1Member_1" />
    <link:label xlink:type="resource" xlink:label="label_Loan1Member_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_Loan1Member_2" xml:lang="en-US" id="label_Loan1Member_2">Loan 1 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan1Member" xlink:to="label_Loan1Member_2" xlink:title="Label : Loan1Member to label_Loan1Member_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_Loan2Member" xlink:label="Loan2Member" xlink:title="Loan2Member" />
    <link:label xlink:type="resource" xlink:label="label_Loan2Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_Loan2Member" xml:lang="en-US" id="label_Loan2Member">Loan 2 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan2Member" xlink:to="label_Loan2Member" xlink:title="Label : Loan2Member to label_Loan2Member" />
    <link:label xlink:type="resource" xlink:label="label_Loan2Member_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_Loan2Member_1" xml:lang="en-US" id="label_Loan2Member_1">Loan 2 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan2Member" xlink:to="label_Loan2Member_1" xlink:title="Label : Loan2Member to label_Loan2Member_1" />
    <link:label xlink:type="resource" xlink:label="label_Loan2Member_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_Loan2Member_2" xml:lang="en-US" id="label_Loan2Member_2">This member stands for the information pertaining to loan 2.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan2Member" xlink:to="label_Loan2Member_2" xlink:title="Label : Loan2Member to label_Loan2Member_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_Loan3Member" xlink:label="Loan3Member" xlink:title="Loan3Member" />
    <link:label xlink:type="resource" xlink:label="label_Loan3Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_Loan3Member" xml:lang="en-US" id="label_Loan3Member">Loan 3 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan3Member" xlink:to="label_Loan3Member" xlink:title="Label : Loan3Member to label_Loan3Member" />
    <link:label xlink:type="resource" xlink:label="label_Loan3Member_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_Loan3Member_1" xml:lang="en-US" id="label_Loan3Member_1">Loan 3 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan3Member" xlink:to="label_Loan3Member_1" xlink:title="Label : Loan3Member to label_Loan3Member_1" />
    <link:label xlink:type="resource" xlink:label="label_Loan3Member_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_Loan3Member_2" xml:lang="en-US" id="label_Loan3Member_2">This member stands for the information pertaining to loan 3.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan3Member" xlink:to="label_Loan3Member_2" xlink:title="Label : Loan3Member to label_Loan3Member_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_Loan4Member" xlink:label="Loan4Member" xlink:title="Loan4Member" />
    <link:label xlink:type="resource" xlink:label="label_Loan4Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_Loan4Member" xml:lang="en-US" id="label_Loan4Member">Loan 4 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan4Member" xlink:to="label_Loan4Member" xlink:title="Label : Loan4Member to label_Loan4Member" />
    <link:label xlink:type="resource" xlink:label="label_Loan4Member_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_Loan4Member_1" xml:lang="en-US" id="label_Loan4Member_1">Loan 4 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan4Member" xlink:to="label_Loan4Member_1" xlink:title="Label : Loan4Member to label_Loan4Member_1" />
    <link:label xlink:type="resource" xlink:label="label_Loan4Member_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_Loan4Member_2" xml:lang="en-US" id="label_Loan4Member_2">This member stands for the information pertaining to loan 4.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan4Member" xlink:to="label_Loan4Member_2" xlink:title="Label : Loan4Member to label_Loan4Member_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_Loan5Member" xlink:label="Loan5Member" xlink:title="Loan5Member" />
    <link:label xlink:type="resource" xlink:label="label_Loan5Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_Loan5Member" xml:lang="en-US" id="label_Loan5Member">Loan 5 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan5Member" xlink:to="label_Loan5Member" xlink:title="Label : Loan5Member to label_Loan5Member" />
    <link:label xlink:type="resource" xlink:label="label_Loan5Member_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_Loan5Member_1" xml:lang="en-US" id="label_Loan5Member_1">Loan 5 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan5Member" xlink:to="label_Loan5Member_1" xlink:title="Label : Loan5Member to label_Loan5Member_1" />
    <link:label xlink:type="resource" xlink:label="label_Loan5Member_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_Loan5Member_2" xml:lang="en-US" id="label_Loan5Member_2">This member stands for the information pertaining to loan 5.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan5Member" xlink:to="label_Loan5Member_2" xlink:title="Label : Loan5Member to label_Loan5Member_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_Loan6Member" xlink:label="Loan6Member" xlink:title="Loan6Member" />
    <link:label xlink:type="resource" xlink:label="label_Loan6Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_Loan6Member" xml:lang="en-US" id="label_Loan6Member">Loan 6 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan6Member" xlink:to="label_Loan6Member" xlink:title="Label : Loan6Member to label_Loan6Member" />
    <link:label xlink:type="resource" xlink:label="label_Loan6Member_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_Loan6Member_1" xml:lang="en-US" id="label_Loan6Member_1">Loan 6 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan6Member" xlink:to="label_Loan6Member_1" xlink:title="Label : Loan6Member to label_Loan6Member_1" />
    <link:label xlink:type="resource" xlink:label="label_Loan6Member_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_Loan6Member_2" xml:lang="en-US" id="label_Loan6Member_2">This member stands for the information pertaining to loan 6.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan6Member" xlink:to="label_Loan6Member_2" xlink:title="Label : Loan6Member to label_Loan6Member_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_Loan7Member" xlink:label="Loan7Member" xlink:title="Loan7Member" />
    <link:label xlink:type="resource" xlink:label="label_Loan7Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_Loan7Member" xml:lang="en-US" id="label_Loan7Member">Loan 7 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan7Member" xlink:to="label_Loan7Member" xlink:title="Label : Loan7Member to label_Loan7Member" />
    <link:label xlink:type="resource" xlink:label="label_Loan7Member_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_Loan7Member_1" xml:lang="en-US" id="label_Loan7Member_1">Loan 7 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan7Member" xlink:to="label_Loan7Member_1" xlink:title="Label : Loan7Member to label_Loan7Member_1" />
    <link:label xlink:type="resource" xlink:label="label_Loan7Member_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_Loan7Member_2" xml:lang="en-US" id="label_Loan7Member_2">This member stands for the information pertaining to loan 7.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan7Member" xlink:to="label_Loan7Member_2" xlink:title="Label : Loan7Member to label_Loan7Member_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_Loan8Member" xlink:label="Loan8Member" xlink:title="Loan8Member" />
    <link:label xlink:type="resource" xlink:label="label_Loan8Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_Loan8Member" xml:lang="en-US" id="label_Loan8Member">Loan 8 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan8Member" xlink:to="label_Loan8Member" xlink:title="Label : Loan8Member to label_Loan8Member" />
    <link:label xlink:type="resource" xlink:label="label_Loan8Member_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_Loan8Member_1" xml:lang="en-US" id="label_Loan8Member_1">Loan 8 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan8Member" xlink:to="label_Loan8Member_1" xlink:title="Label : Loan8Member to label_Loan8Member_1" />
    <link:label xlink:type="resource" xlink:label="label_Loan8Member_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_Loan8Member_2" xml:lang="en-US" id="label_Loan8Member_2">This member stands for the information pertaining to loan 8.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan8Member" xlink:to="label_Loan8Member_2" xlink:title="Label : Loan8Member to label_Loan8Member_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_Loan9Member" xlink:label="Loan9Member" xlink:title="Loan9Member" />
    <link:label xlink:type="resource" xlink:label="label_Loan9Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_Loan9Member" xml:lang="en-US" id="label_Loan9Member">Loan 9 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan9Member" xlink:to="label_Loan9Member" xlink:title="Label : Loan9Member to label_Loan9Member" />
    <link:label xlink:type="resource" xlink:label="label_Loan9Member_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_Loan9Member_1" xml:lang="en-US" id="label_Loan9Member_1">Loan 9 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan9Member" xlink:to="label_Loan9Member_1" xlink:title="Label : Loan9Member to label_Loan9Member_1" />
    <link:label xlink:type="resource" xlink:label="label_Loan9Member_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_Loan9Member_2" xml:lang="en-US" id="label_Loan9Member_2">This member stands for the information pertaining to loan 9.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan9Member" xlink:to="label_Loan9Member_2" xlink:title="Label : Loan9Member to label_Loan9Member_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_Loan10Member" xlink:label="Loan10Member" xlink:title="Loan10Member" />
    <link:label xlink:type="resource" xlink:label="label_Loan10Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_Loan10Member" xml:lang="en-US" id="label_Loan10Member">Loan 10 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan10Member" xlink:to="label_Loan10Member" xlink:title="Label : Loan10Member to label_Loan10Member" />
    <link:label xlink:type="resource" xlink:label="label_Loan10Member_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_Loan10Member_1" xml:lang="en-US" id="label_Loan10Member_1">Loan 10 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan10Member" xlink:to="label_Loan10Member_1" xlink:title="Label : Loan10Member to label_Loan10Member_1" />
    <link:label xlink:type="resource" xlink:label="label_Loan10Member_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_Loan10Member_2" xml:lang="en-US" id="label_Loan10Member_2">This member stands for the information pertaining to loan 10.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan10Member" xlink:to="label_Loan10Member_2" xlink:title="Label : Loan10Member to label_Loan10Member_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_Loan11Member" xlink:label="Loan11Member" xlink:title="Loan11Member" />
    <link:label xlink:type="resource" xlink:label="label_Loan11Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_Loan11Member" xml:lang="en-US" id="label_Loan11Member">Loan 11 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan11Member" xlink:to="label_Loan11Member" xlink:title="Label : Loan11Member to label_Loan11Member" />
    <link:label xlink:type="resource" xlink:label="label_Loan11Member_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_Loan11Member_1" xml:lang="en-US" id="label_Loan11Member_1">Loan 11 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan11Member" xlink:to="label_Loan11Member_1" xlink:title="Label : Loan11Member to label_Loan11Member_1" />
    <link:label xlink:type="resource" xlink:label="label_Loan11Member_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_Loan11Member_2" xml:lang="en-US" id="label_Loan11Member_2">This member stands for the information pertaining to loan 11.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan11Member" xlink:to="label_Loan11Member_2" xlink:title="Label : Loan11Member to label_Loan11Member_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_Loan12Member" xlink:label="Loan12Member" xlink:title="Loan12Member" />
    <link:label xlink:type="resource" xlink:label="label_Loan12Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_Loan12Member" xml:lang="en-US" id="label_Loan12Member">Loan 12 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan12Member" xlink:to="label_Loan12Member" xlink:title="Label : Loan12Member to label_Loan12Member" />
    <link:label xlink:type="resource" xlink:label="label_Loan12Member_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_Loan12Member_1" xml:lang="en-US" id="label_Loan12Member_1">Loan 12 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan12Member" xlink:to="label_Loan12Member_1" xlink:title="Label : Loan12Member to label_Loan12Member_1" />
    <link:label xlink:type="resource" xlink:label="label_Loan12Member_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_Loan12Member_2" xml:lang="en-US" id="label_Loan12Member_2">This member stands for the information pertaining to loan 12.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan12Member" xlink:to="label_Loan12Member_2" xlink:title="Label : Loan12Member to label_Loan12Member_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_Loan13Member" xlink:label="Loan13Member" xlink:title="Loan13Member" />
    <link:label xlink:type="resource" xlink:label="label_Loan13Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_Loan13Member" xml:lang="en-US" id="label_Loan13Member">Loan 13 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan13Member" xlink:to="label_Loan13Member" xlink:title="Label : Loan13Member to label_Loan13Member" />
    <link:label xlink:type="resource" xlink:label="label_Loan13Member_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_Loan13Member_1" xml:lang="en-US" id="label_Loan13Member_1">Loan 13 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan13Member" xlink:to="label_Loan13Member_1" xlink:title="Label : Loan13Member to label_Loan13Member_1" />
    <link:label xlink:type="resource" xlink:label="label_Loan13Member_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_Loan13Member_2" xml:lang="en-US" id="label_Loan13Member_2">This member stands for the information pertaining to loan 13.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan13Member" xlink:to="label_Loan13Member_2" xlink:title="Label : Loan13Member to label_Loan13Member_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_Loan14Member" xlink:label="Loan14Member" xlink:title="Loan14Member" />
    <link:label xlink:type="resource" xlink:label="label_Loan14Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_Loan14Member" xml:lang="en-US" id="label_Loan14Member">Loan 14 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan14Member" xlink:to="label_Loan14Member" xlink:title="Label : Loan14Member to label_Loan14Member" />
    <link:label xlink:type="resource" xlink:label="label_Loan14Member_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_Loan14Member_1" xml:lang="en-US" id="label_Loan14Member_1">Loan 14 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan14Member" xlink:to="label_Loan14Member_1" xlink:title="Label : Loan14Member to label_Loan14Member_1" />
    <link:label xlink:type="resource" xlink:label="label_Loan14Member_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_Loan14Member_2" xml:lang="en-US" id="label_Loan14Member_2">This member stands for the information pertaining to loan 14.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan14Member" xlink:to="label_Loan14Member_2" xlink:title="Label : Loan14Member to label_Loan14Member_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_Loan15Member" xlink:label="Loan15Member" xlink:title="Loan15Member" />
    <link:label xlink:type="resource" xlink:label="label_Loan15Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_Loan15Member" xml:lang="en-US" id="label_Loan15Member">Loan 15 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan15Member" xlink:to="label_Loan15Member" xlink:title="Label : Loan15Member to label_Loan15Member" />
    <link:label xlink:type="resource" xlink:label="label_Loan15Member_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_Loan15Member_1" xml:lang="en-US" id="label_Loan15Member_1">Loan 15 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan15Member" xlink:to="label_Loan15Member_1" xlink:title="Label : Loan15Member to label_Loan15Member_1" />
    <link:label xlink:type="resource" xlink:label="label_Loan15Member_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_Loan15Member_2" xml:lang="en-US" id="label_Loan15Member_2">This member stands for the information pertaining to loan 15.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan15Member" xlink:to="label_Loan15Member_2" xlink:title="Label : Loan15Member to label_Loan15Member_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_Loan16Member" xlink:label="Loan16Member" xlink:title="Loan16Member" />
    <link:label xlink:type="resource" xlink:label="label_Loan16Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_Loan16Member" xml:lang="en-US" id="label_Loan16Member">Loan 16 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan16Member" xlink:to="label_Loan16Member" xlink:title="Label : Loan16Member to label_Loan16Member" />
    <link:label xlink:type="resource" xlink:label="label_Loan16Member_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_Loan16Member_1" xml:lang="en-US" id="label_Loan16Member_1">Loan 16 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan16Member" xlink:to="label_Loan16Member_1" xlink:title="Label : Loan16Member to label_Loan16Member_1" />
    <link:label xlink:type="resource" xlink:label="label_Loan16Member_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_Loan16Member_2" xml:lang="en-US" id="label_Loan16Member_2">This member stands for the information pertaining to loan 16.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan16Member" xlink:to="label_Loan16Member_2" xlink:title="Label : Loan16Member to label_Loan16Member_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_Loan17Member" xlink:label="Loan17Member" xlink:title="Loan17Member" />
    <link:label xlink:type="resource" xlink:label="label_Loan17Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_Loan17Member" xml:lang="en-US" id="label_Loan17Member">Loan 17 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan17Member" xlink:to="label_Loan17Member" xlink:title="Label : Loan17Member to label_Loan17Member" />
    <link:label xlink:type="resource" xlink:label="label_Loan17Member_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_Loan17Member_1" xml:lang="en-US" id="label_Loan17Member_1">Loan 17 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan17Member" xlink:to="label_Loan17Member_1" xlink:title="Label : Loan17Member to label_Loan17Member_1" />
    <link:label xlink:type="resource" xlink:label="label_Loan17Member_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_Loan17Member_2" xml:lang="en-US" id="label_Loan17Member_2">This member stands for the information pertaining to loan 17.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan17Member" xlink:to="label_Loan17Member_2" xlink:title="Label : Loan17Member to label_Loan17Member_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_Loan18Member" xlink:label="Loan18Member" xlink:title="Loan18Member" />
    <link:label xlink:type="resource" xlink:label="label_Loan18Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_Loan18Member" xml:lang="en-US" id="label_Loan18Member">Loan 18 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan18Member" xlink:to="label_Loan18Member" xlink:title="Label : Loan18Member to label_Loan18Member" />
    <link:label xlink:type="resource" xlink:label="label_Loan18Member_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_Loan18Member_1" xml:lang="en-US" id="label_Loan18Member_1">Loan 18 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan18Member" xlink:to="label_Loan18Member_1" xlink:title="Label : Loan18Member to label_Loan18Member_1" />
    <link:label xlink:type="resource" xlink:label="label_Loan18Member_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_Loan18Member_2" xml:lang="en-US" id="label_Loan18Member_2">This member stands for the information pertaining to loan 18.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan18Member" xlink:to="label_Loan18Member_2" xlink:title="Label : Loan18Member to label_Loan18Member_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_Loan19Member" xlink:label="Loan19Member" xlink:title="Loan19Member" />
    <link:label xlink:type="resource" xlink:label="label_Loan19Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_Loan19Member" xml:lang="en-US" id="label_Loan19Member">Loan 19 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan19Member" xlink:to="label_Loan19Member" xlink:title="Label : Loan19Member to label_Loan19Member" />
    <link:label xlink:type="resource" xlink:label="label_Loan19Member_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_Loan19Member_1" xml:lang="en-US" id="label_Loan19Member_1">Loan 19 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan19Member" xlink:to="label_Loan19Member_1" xlink:title="Label : Loan19Member to label_Loan19Member_1" />
    <link:label xlink:type="resource" xlink:label="label_Loan19Member_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_Loan19Member_2" xml:lang="en-US" id="label_Loan19Member_2">This member stands for the information pertaining to loan 19.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan19Member" xlink:to="label_Loan19Member_2" xlink:title="Label : Loan19Member to label_Loan19Member_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_Loan20Member" xlink:label="Loan20Member" xlink:title="Loan20Member" />
    <link:label xlink:type="resource" xlink:label="label_Loan20Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_Loan20Member" xml:lang="en-US" id="label_Loan20Member">Loan 20 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan20Member" xlink:to="label_Loan20Member" xlink:title="Label : Loan20Member to label_Loan20Member" />
    <link:label xlink:type="resource" xlink:label="label_Loan20Member_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_Loan20Member_1" xml:lang="en-US" id="label_Loan20Member_1">Loan 20 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan20Member" xlink:to="label_Loan20Member_1" xlink:title="Label : Loan20Member to label_Loan20Member_1" />
    <link:label xlink:type="resource" xlink:label="label_Loan20Member_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_Loan20Member_2" xml:lang="en-US" id="label_Loan20Member_2">This member stands for the information pertaining to loan 20.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan20Member" xlink:to="label_Loan20Member_2" xlink:title="Label : Loan20Member to label_Loan20Member_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_Loan21Member" xlink:label="Loan21Member" xlink:title="Loan21Member" />
    <link:label xlink:type="resource" xlink:label="label_Loan21Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_Loan21Member" xml:lang="en-US" id="label_Loan21Member">Loan 21 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan21Member" xlink:to="label_Loan21Member" xlink:title="Label : Loan21Member to label_Loan21Member" />
    <link:label xlink:type="resource" xlink:label="label_Loan21Member_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_Loan21Member_1" xml:lang="en-US" id="label_Loan21Member_1">Loan 21 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan21Member" xlink:to="label_Loan21Member_1" xlink:title="Label : Loan21Member to label_Loan21Member_1" />
    <link:label xlink:type="resource" xlink:label="label_Loan21Member_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_Loan21Member_2" xml:lang="en-US" id="label_Loan21Member_2">This member stands for the information pertaining to loan 21.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan21Member" xlink:to="label_Loan21Member_2" xlink:title="Label : Loan21Member to label_Loan21Member_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_Loan22Member" xlink:label="Loan22Member" xlink:title="Loan22Member" />
    <link:label xlink:type="resource" xlink:label="label_Loan22Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_Loan22Member" xml:lang="en-US" id="label_Loan22Member">Loan 22 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan22Member" xlink:to="label_Loan22Member" xlink:title="Label : Loan22Member to label_Loan22Member" />
    <link:label xlink:type="resource" xlink:label="label_Loan22Member_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_Loan22Member_1" xml:lang="en-US" id="label_Loan22Member_1">Loan 22 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan22Member" xlink:to="label_Loan22Member_1" xlink:title="Label : Loan22Member to label_Loan22Member_1" />
    <link:label xlink:type="resource" xlink:label="label_Loan22Member_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_Loan22Member_2" xml:lang="en-US" id="label_Loan22Member_2">This member stands for the information pertaining to loan 22.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan22Member" xlink:to="label_Loan22Member_2" xlink:title="Label : Loan22Member to label_Loan22Member_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_Loan23Member" xlink:label="Loan23Member" xlink:title="Loan23Member" />
    <link:label xlink:type="resource" xlink:label="label_Loan23Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_Loan23Member" xml:lang="en-US" id="label_Loan23Member">Loan 23 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan23Member" xlink:to="label_Loan23Member" xlink:title="Label : Loan23Member to label_Loan23Member" />
    <link:label xlink:type="resource" xlink:label="label_Loan23Member_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_Loan23Member_1" xml:lang="en-US" id="label_Loan23Member_1">Loan 23 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan23Member" xlink:to="label_Loan23Member_1" xlink:title="Label : Loan23Member to label_Loan23Member_1" />
    <link:label xlink:type="resource" xlink:label="label_Loan23Member_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_Loan23Member_2" xml:lang="en-US" id="label_Loan23Member_2">This member stands for the information pertaining to loan 23.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan23Member" xlink:to="label_Loan23Member_2" xlink:title="Label : Loan23Member to label_Loan23Member_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_Loan24Member" xlink:label="Loan24Member" xlink:title="Loan24Member" />
    <link:label xlink:type="resource" xlink:label="label_Loan24Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_Loan24Member" xml:lang="en-US" id="label_Loan24Member">Loan 24 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan24Member" xlink:to="label_Loan24Member" xlink:title="Label : Loan24Member to label_Loan24Member" />
    <link:label xlink:type="resource" xlink:label="label_Loan24Member_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_Loan24Member_1" xml:lang="en-US" id="label_Loan24Member_1">Loan 24 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan24Member" xlink:to="label_Loan24Member_1" xlink:title="Label : Loan24Member to label_Loan24Member_1" />
    <link:label xlink:type="resource" xlink:label="label_Loan24Member_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_Loan24Member_2" xml:lang="en-US" id="label_Loan24Member_2">This member stands for the information pertaining to loan 24.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan24Member" xlink:to="label_Loan24Member_2" xlink:title="Label : Loan24Member to label_Loan24Member_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_Loan25Member" xlink:label="Loan25Member" xlink:title="Loan25Member" />
    <link:label xlink:type="resource" xlink:label="label_Loan25Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_Loan25Member" xml:lang="en-US" id="label_Loan25Member">Loan 25 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan25Member" xlink:to="label_Loan25Member" xlink:title="Label : Loan25Member to label_Loan25Member" />
    <link:label xlink:type="resource" xlink:label="label_Loan25Member_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_Loan25Member_1" xml:lang="en-US" id="label_Loan25Member_1">Loan 25 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan25Member" xlink:to="label_Loan25Member_1" xlink:title="Label : Loan25Member to label_Loan25Member_1" />
    <link:label xlink:type="resource" xlink:label="label_Loan25Member_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_Loan25Member_2" xml:lang="en-US" id="label_Loan25Member_2">This member stands for the information pertaining to loan 25.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Loan25Member" xlink:to="label_Loan25Member_2" xlink:title="Label : Loan25Member to label_Loan25Member_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_LoanDescription" xlink:label="LoanDescription" xlink:title="LoanDescription" />
    <link:label xlink:type="resource" xlink:label="label_LoanDescription" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_LoanDescription" xml:lang="en-US" id="label_LoanDescription">The description of the borrowings.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoanDescription" xlink:to="label_LoanDescription" xlink:title="Label : LoanDescription to label_LoanDescription" />
    <link:label xlink:type="resource" xlink:label="label_LoanDescription_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LoanDescription_1" xml:lang="en-US" id="label_LoanDescription_1">Description</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoanDescription" xlink:to="label_LoanDescription_1" xlink:title="Label : LoanDescription to label_LoanDescription_1" />
    <link:label xlink:type="resource" xlink:label="label_LoanDescription_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LoanDescription_2" xml:lang="en-US" id="label_LoanDescription_2">Loan description</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoanDescription" xlink:to="label_LoanDescription_2" xlink:title="Label : LoanDescription to label_LoanDescription_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ForeignCurrencyDenominatedLoans" xlink:label="ForeignCurrencyDenominatedLoans" xlink:title="ForeignCurrencyDenominatedLoans" />
    <link:label xlink:type="resource" xlink:label="label_ForeignCurrencyDenominatedLoans" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ForeignCurrencyDenominatedLoans" xml:lang="en-US" id="label_ForeignCurrencyDenominatedLoans">The amount of foreign currency denominated loans received.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignCurrencyDenominatedLoans" xlink:to="label_ForeignCurrencyDenominatedLoans" xlink:title="Label : ForeignCurrencyDenominatedLoans to label_ForeignCurrencyDenominatedLoans" />
    <link:label xlink:type="resource" xlink:label="label_ForeignCurrencyDenominatedLoans_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ForeignCurrencyDenominatedLoans_1" xml:lang="en-US" id="label_ForeignCurrencyDenominatedLoans_1">Foreign currency - denominated loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignCurrencyDenominatedLoans" xlink:to="label_ForeignCurrencyDenominatedLoans_1" xlink:title="Label : ForeignCurrencyDenominatedLoans to label_ForeignCurrencyDenominatedLoans_1" />
    <link:label xlink:type="resource" xlink:label="label_ForeignCurrencyDenominatedLoans_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ForeignCurrencyDenominatedLoans_2" xml:lang="en-US" id="label_ForeignCurrencyDenominatedLoans_2">Foreign currency denominated loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignCurrencyDenominatedLoans" xlink:to="label_ForeignCurrencyDenominatedLoans_2" xlink:title="Label : ForeignCurrencyDenominatedLoans to label_ForeignCurrencyDenominatedLoans_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_BrazilianRealDenominatedLoans" xlink:label="BrazilianRealDenominatedLoans" xlink:title="BrazilianRealDenominatedLoans" />
    <link:label xlink:type="resource" xlink:label="label_BrazilianRealDenominatedLoans" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_BrazilianRealDenominatedLoans" xml:lang="en-US" id="label_BrazilianRealDenominatedLoans">The amount of domestic currency denominated loans received.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BrazilianRealDenominatedLoans" xlink:to="label_BrazilianRealDenominatedLoans" xlink:title="Label : BrazilianRealDenominatedLoans to label_BrazilianRealDenominatedLoans" />
    <link:label xlink:type="resource" xlink:label="label_BrazilianRealDenominatedLoans_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_BrazilianRealDenominatedLoans_1" xml:lang="en-US" id="label_BrazilianRealDenominatedLoans_1">Brazilian Real - denominated loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BrazilianRealDenominatedLoans" xlink:to="label_BrazilianRealDenominatedLoans_1" xlink:title="Label : BrazilianRealDenominatedLoans to label_BrazilianRealDenominatedLoans_1" />
    <link:label xlink:type="resource" xlink:label="label_BrazilianRealDenominatedLoans_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_BrazilianRealDenominatedLoans_2" xml:lang="en-US" id="label_BrazilianRealDenominatedLoans_2">Brazilian real denominated loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BrazilianRealDenominatedLoans" xlink:to="label_BrazilianRealDenominatedLoans_2" xlink:title="Label : BrazilianRealDenominatedLoans to label_BrazilianRealDenominatedLoans_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LoansReceived" xlink:label="LoansReceived" xlink:title="LoansReceived" />
    <link:label xlink:type="resource" xlink:label="label_LoansReceived" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:title="label_LoansReceived" xml:lang="en-US" id="label_LoansReceived">Loans, debentures and finance leases, beginning</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoansReceived" xlink:to="label_LoansReceived" xlink:title="Label : LoansReceived to label_LoansReceived" />
    <link:label xlink:type="resource" xlink:label="label_LoansReceived_1" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:title="label_LoansReceived_1" xml:lang="en-US" id="label_LoansReceived_1">Loans, debentures and finance leases, ending</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoansReceived" xlink:to="label_LoansReceived_1" xlink:title="Label : LoansReceived to label_LoansReceived_1" />
    <link:label xlink:type="resource" xlink:label="label_LoansReceived_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LoansReceived_2" xml:lang="en-US" id="label_LoansReceived_2">Loans received</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoansReceived" xlink:to="label_LoansReceived_2" xlink:title="Label : LoansReceived to label_LoansReceived_2" />
    <link:label xlink:type="resource" xlink:label="label_LoansReceived_3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LoansReceived_3" xml:lang="en-US" id="label_LoansReceived_3">Total foreign currency and Brazilian Reais</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoansReceived" xlink:to="label_LoansReceived_3" xlink:title="Label : LoansReceived to label_LoansReceived_3" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DerivativeFinancialLiabilitiesHeldForHedging" xlink:label="DerivativeFinancialLiabilitiesHeldForHedging" xlink:title="DerivativeFinancialLiabilitiesHeldForHedging" />
    <link:label xlink:type="resource" xlink:label="label_DerivativeFinancialLiabilitiesHeldForHedging" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DerivativeFinancialLiabilitiesHeldForHedging" xml:lang="en-US" id="label_DerivativeFinancialLiabilitiesHeldForHedging">Derivative financial liabilities held for hedging</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerivativeFinancialLiabilitiesHeldForHedging" xlink:to="label_DerivativeFinancialLiabilitiesHeldForHedging" xlink:title="Label : DerivativeFinancialLiabilitiesHeldForHedging to label_DerivativeFinancialLiabilitiesHeldForHedging" />
    <link:label xlink:type="resource" xlink:label="label_DerivativeFinancialLiabilitiesHeldForHedging_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DerivativeFinancialLiabilitiesHeldForHedging_1" xml:lang="en-US" id="label_DerivativeFinancialLiabilitiesHeldForHedging_1">Currency and interest rate hedging instruments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerivativeFinancialLiabilitiesHeldForHedging" xlink:to="label_DerivativeFinancialLiabilitiesHeldForHedging_1" xlink:title="Label : DerivativeFinancialLiabilitiesHeldForHedging to label_DerivativeFinancialLiabilitiesHeldForHedging_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_Borrowings" xlink:label="Borrowings" xlink:title="Borrowings" />
    <link:label xlink:type="resource" xlink:label="label_Borrowings" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xlink:title="label_Borrowings" xml:lang="en-US" id="label_Borrowings">Loan maturity, amount</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Borrowings" xlink:to="label_Borrowings" xlink:title="Label : Borrowings to label_Borrowings" />
    <link:label xlink:type="resource" xlink:label="label_Borrowings_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_Borrowings_1" xml:lang="en-US" id="label_Borrowings_1">Gross indebtedness</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Borrowings" xlink:to="label_Borrowings_1" xlink:title="Label : Borrowings to label_Borrowings_1" />
    <link:label xlink:type="resource" xlink:label="label_Borrowings_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_Borrowings_2" xml:lang="en-US" id="label_Borrowings_2">Borrowings</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Borrowings" xlink:to="label_Borrowings_2" xlink:title="Label : Borrowings to label_Borrowings_2" />
    <link:label xlink:type="resource" xlink:label="label_Borrowings_3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_Borrowings_3" xml:lang="en-US" id="label_Borrowings_3">Borrowings</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Borrowings" xlink:to="label_Borrowings_3" xlink:title="Label : Borrowings to label_Borrowings_3" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" xlink:label="CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" xlink:title="CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" />
    <link:label xlink:type="resource" xlink:label="label_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" xml:lang="en-US" id="label_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings">Current borrowings and current portion of non-current borrowings</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" xlink:to="label_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" xlink:title="Label : CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings to label_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" />
    <link:label xlink:type="resource" xlink:label="label_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_1" xml:lang="en-US" id="label_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_1">Current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" xlink:to="label_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_1" xlink:title="Label : CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings to label_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LongtermBorrowings" xlink:label="LongtermBorrowings" xlink:title="LongtermBorrowings" />
    <link:label xlink:type="resource" xlink:label="label_LongtermBorrowings" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LongtermBorrowings" xml:lang="en-US" id="label_LongtermBorrowings">Non-current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LongtermBorrowings" xlink:to="label_LongtermBorrowings" xlink:title="Label : LongtermBorrowings to label_LongtermBorrowings" />
    <link:label xlink:type="resource" xlink:label="label_LongtermBorrowings_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LongtermBorrowings_1" xml:lang="en-US" id="label_LongtermBorrowings_1">Non-current portion of non-current borrowings</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LongtermBorrowings" xlink:to="label_LongtermBorrowings_1" xlink:title="Label : LongtermBorrowings to label_LongtermBorrowings_1" />
    <link:label xlink:type="resource" xlink:label="label_LongtermBorrowings_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_LongtermBorrowings_2" xml:lang="en-US" id="label_LongtermBorrowings_2">Long term debt</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LongtermBorrowings" xlink:to="label_LongtermBorrowings_2" xlink:title="Label : LongtermBorrowings to label_LongtermBorrowings_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_LoanIndexCurrency" xlink:label="LoanIndexCurrency" xlink:title="LoanIndexCurrency" />
    <link:label xlink:type="resource" xlink:label="label_LoanIndexCurrency" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_LoanIndexCurrency" xml:lang="en-US" id="label_LoanIndexCurrency">The currency and index in which the borrowings are denominated.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoanIndexCurrency" xlink:to="label_LoanIndexCurrency" xlink:title="Label : LoanIndexCurrency to label_LoanIndexCurrency" />
    <link:label xlink:type="resource" xlink:label="label_LoanIndexCurrency_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LoanIndexCurrency_1" xml:lang="en-US" id="label_LoanIndexCurrency_1">Index/Currency</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoanIndexCurrency" xlink:to="label_LoanIndexCurrency_1" xlink:title="Label : LoanIndexCurrency to label_LoanIndexCurrency_1" />
    <link:label xlink:type="resource" xlink:label="label_LoanIndexCurrency_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LoanIndexCurrency_2" xml:lang="en-US" id="label_LoanIndexCurrency_2">Loan index currency</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoanIndexCurrency" xlink:to="label_LoanIndexCurrency_2" xlink:title="Label : LoanIndexCurrency to label_LoanIndexCurrency_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_BorrowingsMaturity" xlink:label="BorrowingsMaturity" xlink:title="BorrowingsMaturity" />
    <link:label xlink:type="resource" xlink:label="label_BorrowingsMaturity" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_BorrowingsMaturity" xml:lang="en-US" id="label_BorrowingsMaturity">Final maturity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingsMaturity" xlink:to="label_BorrowingsMaturity" xlink:title="Label : BorrowingsMaturity to label_BorrowingsMaturity" />
    <link:label xlink:type="resource" xlink:label="label_BorrowingsMaturity_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_BorrowingsMaturity_1" xml:lang="en-US" id="label_BorrowingsMaturity_1">Borrowings, maturity date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingsMaturity" xlink:to="label_BorrowingsMaturity_1" xlink:title="Label : BorrowingsMaturity to label_BorrowingsMaturity_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_LoanDebt" xlink:label="LoanDebt" xlink:title="LoanDebt" />
    <link:label xlink:type="resource" xlink:label="label_LoanDebt" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LoanDebt" xml:lang="en-US" id="label_LoanDebt">Loan debt</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoanDebt" xlink:to="label_LoanDebt" xlink:title="Label : LoanDebt to label_LoanDebt" />
    <link:label xlink:type="resource" xlink:label="label_LoanDebt_1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_LoanDebt_1" xml:lang="en-US" id="label_LoanDebt_1">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoanDebt" xlink:to="label_LoanDebt_1" xlink:title="Label : LoanDebt to label_LoanDebt_1" />
    <link:label xlink:type="resource" xlink:label="label_LoanDebt_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_LoanDebt_2" xml:lang="en-US" id="label_LoanDebt_2">The entity shall disclose information that enables users of the financial statements to evaluate changes in liabilities arising from financing activities, including changes in cash flows and non-cash flows (IAS 7).</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoanDebt" xlink:to="label_LoanDebt_2" xlink:title="Label : LoanDebt to label_LoanDebt_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_CurrentDebt" xlink:label="CurrentDebt" xlink:title="CurrentDebt" />
    <link:label xlink:type="resource" xlink:label="label_CurrentDebt" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurrentDebt" xml:lang="en-US" id="label_CurrentDebt">Current debt</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentDebt" xlink:to="label_CurrentDebt" xlink:title="Label : CurrentDebt to label_CurrentDebt" />
    <link:label xlink:type="resource" xlink:label="label_CurrentDebt_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CurrentDebt_1" xml:lang="en-US" id="label_CurrentDebt_1">Current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentDebt" xlink:to="label_CurrentDebt_1" xlink:title="Label : CurrentDebt to label_CurrentDebt_1" />
    <link:label xlink:type="resource" xlink:label="label_CurrentDebt_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_CurrentDebt_2" xml:lang="en-US" id="label_CurrentDebt_2">Disclosure of further information and subclassifications of Loans, classified in a manner appropriate to the entity's policies and operations.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentDebt" xlink:to="label_CurrentDebt_2" xlink:title="Label : CurrentDebt to label_CurrentDebt_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NoncurrentDebt" xlink:label="NoncurrentDebt" xlink:title="NoncurrentDebt" />
    <link:label xlink:type="resource" xlink:label="label_NoncurrentDebt" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_NoncurrentDebt" xml:lang="en-US" id="label_NoncurrentDebt">Disclosure of further information and subclassifications of Loans, classified in a manner appropriate to the entity's policies and operations.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentDebt" xlink:to="label_NoncurrentDebt" xlink:title="Label : NoncurrentDebt to label_NoncurrentDebt" />
    <link:label xlink:type="resource" xlink:label="label_NoncurrentDebt_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NoncurrentDebt_1" xml:lang="en-US" id="label_NoncurrentDebt_1">Long term debt</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentDebt" xlink:to="label_NoncurrentDebt_1" xlink:title="Label : NoncurrentDebt to label_NoncurrentDebt_1" />
    <link:label xlink:type="resource" xlink:label="label_NoncurrentDebt_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_NoncurrentDebt_2" xml:lang="en-US" id="label_NoncurrentDebt_2">Non-current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentDebt" xlink:to="label_NoncurrentDebt_2" xlink:title="Label : NoncurrentDebt to label_NoncurrentDebt_2" />
    <link:label xlink:type="resource" xlink:label="label_NoncurrentDebt_3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NoncurrentDebt_3" xml:lang="en-US" id="label_NoncurrentDebt_3">Noncurrent Debt</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentDebt" xlink:to="label_NoncurrentDebt_3" xlink:title="Label : NoncurrentDebt to label_NoncurrentDebt_3" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DebentureAxis" xlink:label="DebentureAxis" xlink:title="DebentureAxis" />
    <link:label xlink:type="resource" xlink:label="label_DebentureAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DebentureAxis" xml:lang="en-US" id="label_DebentureAxis">Debenture [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebentureAxis" xlink:to="label_DebentureAxis" xlink:title="Label : DebentureAxis to label_DebentureAxis" />
    <link:label xlink:type="resource" xlink:label="label_DebentureAxis_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DebentureAxis_1" xml:lang="en-US" id="label_DebentureAxis_1">Debenture [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebentureAxis" xlink:to="label_DebentureAxis_1" xlink:title="Label : DebentureAxis to label_DebentureAxis_1" />
    <link:label xlink:type="resource" xlink:label="label_DebentureAxis_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DebentureAxis_2" xml:lang="en-US" id="label_DebentureAxis_2">Debenture.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebentureAxis" xlink:to="label_DebentureAxis_2" xlink:title="Label : DebentureAxis to label_DebentureAxis_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DebentureDomain" xlink:label="DebentureDomain" xlink:title="DebentureDomain" />
    <link:label xlink:type="resource" xlink:label="label_DebentureDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DebentureDomain" xml:lang="en-US" id="label_DebentureDomain">Debenture [Domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebentureDomain" xlink:to="label_DebentureDomain" xlink:title="Label : DebentureDomain to label_DebentureDomain" />
    <link:label xlink:type="resource" xlink:label="label_DebentureDomain_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DebentureDomain_1" xml:lang="en-US" id="label_DebentureDomain_1">Debenture [Domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebentureDomain" xlink:to="label_DebentureDomain_1" xlink:title="Label : DebentureDomain to label_DebentureDomain_1" />
    <link:label xlink:type="resource" xlink:label="label_DebentureDomain_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DebentureDomain_2" xml:lang="en-US" id="label_DebentureDomain_2">Debenture [Domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebentureDomain" xlink:to="label_DebentureDomain_2" xlink:title="Label : DebentureDomain to label_DebentureDomain_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DebentureTwoMember" xlink:label="DebentureTwoMember" xlink:title="DebentureTwoMember" />
    <link:label xlink:type="resource" xlink:label="label_DebentureTwoMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DebentureTwoMember" xml:lang="en-US" id="label_DebentureTwoMember">Debenture two [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebentureTwoMember" xlink:to="label_DebentureTwoMember" xlink:title="Label : DebentureTwoMember to label_DebentureTwoMember" />
    <link:label xlink:type="resource" xlink:label="label_DebentureTwoMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DebentureTwoMember_1" xml:lang="en-US" id="label_DebentureTwoMember_1">Debenture two [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebentureTwoMember" xlink:to="label_DebentureTwoMember_1" xlink:title="Label : DebentureTwoMember to label_DebentureTwoMember_1" />
    <link:label xlink:type="resource" xlink:label="label_DebentureTwoMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DebentureTwoMember_2" xml:lang="en-US" id="label_DebentureTwoMember_2">This member stands for the information pertaining to debenture two.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebentureTwoMember" xlink:to="label_DebentureTwoMember_2" xlink:title="Label : DebentureTwoMember to label_DebentureTwoMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DebentureFiveMember" xlink:label="DebentureFiveMember" xlink:title="DebentureFiveMember" />
    <link:label xlink:type="resource" xlink:label="label_DebentureFiveMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DebentureFiveMember" xml:lang="en-US" id="label_DebentureFiveMember">Debenture five [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebentureFiveMember" xlink:to="label_DebentureFiveMember" xlink:title="Label : DebentureFiveMember to label_DebentureFiveMember" />
    <link:label xlink:type="resource" xlink:label="label_DebentureFiveMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DebentureFiveMember_1" xml:lang="en-US" id="label_DebentureFiveMember_1">Debenture five [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebentureFiveMember" xlink:to="label_DebentureFiveMember_1" xlink:title="Label : DebentureFiveMember to label_DebentureFiveMember_1" />
    <link:label xlink:type="resource" xlink:label="label_DebentureFiveMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DebentureFiveMember_2" xml:lang="en-US" id="label_DebentureFiveMember_2">This member stands for the information pertaining to debenture five.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebentureFiveMember" xlink:to="label_DebentureFiveMember_2" xlink:title="Label : DebentureFiveMember to label_DebentureFiveMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DebentureEightMember" xlink:label="DebentureEightMember" xlink:title="DebentureEightMember" />
    <link:label xlink:type="resource" xlink:label="label_DebentureEightMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DebentureEightMember" xml:lang="en-US" id="label_DebentureEightMember">Debenture eight [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebentureEightMember" xlink:to="label_DebentureEightMember" xlink:title="Label : DebentureEightMember to label_DebentureEightMember" />
    <link:label xlink:type="resource" xlink:label="label_DebentureEightMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DebentureEightMember_1" xml:lang="en-US" id="label_DebentureEightMember_1">Debenture eight [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebentureEightMember" xlink:to="label_DebentureEightMember_1" xlink:title="Label : DebentureEightMember to label_DebentureEightMember_1" />
    <link:label xlink:type="resource" xlink:label="label_DebentureEightMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DebentureEightMember_2" xml:lang="en-US" id="label_DebentureEightMember_2">This member stands for the information pertaining to debenture eight.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebentureEightMember" xlink:to="label_DebentureEightMember_2" xlink:title="Label : DebentureEightMember to label_DebentureEightMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ForeignLoansMember" xlink:label="ForeignLoansMember" xlink:title="ForeignLoansMember" />
    <link:label xlink:type="resource" xlink:label="label_ForeignLoansMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ForeignLoansMember" xml:lang="en-US" id="label_ForeignLoansMember">Foreign Loans [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignLoansMember" xlink:to="label_ForeignLoansMember" xlink:title="Label : ForeignLoansMember to label_ForeignLoansMember" />
    <link:label xlink:type="resource" xlink:label="label_ForeignLoansMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ForeignLoansMember_1" xml:lang="en-US" id="label_ForeignLoansMember_1">Foreign loans [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignLoansMember" xlink:to="label_ForeignLoansMember_1" xlink:title="Label : ForeignLoansMember to label_ForeignLoansMember_1" />
    <link:label xlink:type="resource" xlink:label="label_ForeignLoansMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ForeignLoansMember_2" xml:lang="en-US" id="label_ForeignLoansMember_2">This member stands for the information pertaining to foreign loans.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignLoansMember" xlink:to="label_ForeignLoansMember_2" xlink:title="Label : ForeignLoansMember to label_ForeignLoansMember_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_FixedInterestRateMember" xlink:label="FixedInterestRateMember" xlink:title="FixedInterestRateMember" />
    <link:label xlink:type="resource" xlink:label="label_FixedInterestRateMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FixedInterestRateMember" xml:lang="en-US" id="label_FixedInterestRateMember">Fixed interest rate [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FixedInterestRateMember" xlink:to="label_FixedInterestRateMember" xlink:title="Label : FixedInterestRateMember to label_FixedInterestRateMember" />
    <link:label xlink:type="resource" xlink:label="label_FixedInterestRateMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_FixedInterestRateMember_1" xml:lang="en-US" id="label_FixedInterestRateMember_1">Long term interest rate [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FixedInterestRateMember" xlink:to="label_FixedInterestRateMember_1" xlink:title="Label : FixedInterestRateMember to label_FixedInterestRateMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_SubsidiariesMember" xlink:label="SubsidiariesMember" xlink:title="SubsidiariesMember" />
    <link:label xlink:type="resource" xlink:label="label_SubsidiariesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SubsidiariesMember" xml:lang="en-US" id="label_SubsidiariesMember">Subsidiaries [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubsidiariesMember" xlink:to="label_SubsidiariesMember" xlink:title="Label : SubsidiariesMember to label_SubsidiariesMember" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ClassesOfFinancialInstrumentsAxis" xlink:label="ClassesOfFinancialInstrumentsAxis" xlink:title="ClassesOfFinancialInstrumentsAxis" />
    <link:label xlink:type="resource" xlink:label="label_ClassesOfFinancialInstrumentsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ClassesOfFinancialInstrumentsAxis" xml:lang="en-US" id="label_ClassesOfFinancialInstrumentsAxis">Classes of financial instruments [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClassesOfFinancialInstrumentsAxis" xlink:to="label_ClassesOfFinancialInstrumentsAxis" xlink:title="Label : ClassesOfFinancialInstrumentsAxis to label_ClassesOfFinancialInstrumentsAxis" />
    <link:label xlink:type="resource" xlink:label="label_ClassesOfFinancialInstrumentsAxis_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ClassesOfFinancialInstrumentsAxis_1" xml:lang="en-US" id="label_ClassesOfFinancialInstrumentsAxis_1">Classes of financial instruments [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClassesOfFinancialInstrumentsAxis" xlink:to="label_ClassesOfFinancialInstrumentsAxis_1" xlink:title="Label : ClassesOfFinancialInstrumentsAxis to label_ClassesOfFinancialInstrumentsAxis_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ClassesOfFinancialInstrumentsMember" xlink:label="ClassesOfFinancialInstrumentsMember" xlink:title="ClassesOfFinancialInstrumentsMember" />
    <link:label xlink:type="resource" xlink:label="label_ClassesOfFinancialInstrumentsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ClassesOfFinancialInstrumentsMember" xml:lang="en-US" id="label_ClassesOfFinancialInstrumentsMember">Financial instruments, class [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClassesOfFinancialInstrumentsMember" xlink:to="label_ClassesOfFinancialInstrumentsMember" xlink:title="Label : ClassesOfFinancialInstrumentsMember to label_ClassesOfFinancialInstrumentsMember" />
    <link:label xlink:type="resource" xlink:label="label_ClassesOfFinancialInstrumentsMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ClassesOfFinancialInstrumentsMember_1" xml:lang="en-US" id="label_ClassesOfFinancialInstrumentsMember_1">Financial instruments, class [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClassesOfFinancialInstrumentsMember" xlink:to="label_ClassesOfFinancialInstrumentsMember_1" xlink:title="Label : ClassesOfFinancialInstrumentsMember to label_ClassesOfFinancialInstrumentsMember_1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2021/elts/srt-2021-01-31.xsd#srt_CounterpartyNameAxis" xlink:label="CounterpartyNameAxis" xlink:title="CounterpartyNameAxis" />
    <link:label xlink:type="resource" xlink:label="label_CounterpartyNameAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CounterpartyNameAxis" xml:lang="en-US" id="label_CounterpartyNameAxis">Counterparty Name [Axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CounterpartyNameAxis" xlink:to="label_CounterpartyNameAxis" xlink:title="Label : CounterpartyNameAxis to label_CounterpartyNameAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2021/elts/srt-2021-01-31.xsd#srt_RepurchaseAgreementCounterpartyNameDomain" xlink:label="RepurchaseAgreementCounterpartyNameDomain" xlink:title="RepurchaseAgreementCounterpartyNameDomain" />
    <link:label xlink:type="resource" xlink:label="label_RepurchaseAgreementCounterpartyNameDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RepurchaseAgreementCounterpartyNameDomain" xml:lang="en-US" id="label_RepurchaseAgreementCounterpartyNameDomain">Counterparty Name [Domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RepurchaseAgreementCounterpartyNameDomain" xlink:to="label_RepurchaseAgreementCounterpartyNameDomain" xlink:title="Label : RepurchaseAgreementCounterpartyNameDomain to label_RepurchaseAgreementCounterpartyNameDomain" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:label="CategoriesOfRelatedPartiesAxis" xlink:title="CategoriesOfRelatedPartiesAxis" />
    <link:label xlink:type="resource" xlink:label="label_CategoriesOfRelatedPartiesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CategoriesOfRelatedPartiesAxis" xml:lang="en-US" id="label_CategoriesOfRelatedPartiesAxis">Categories of related parties [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CategoriesOfRelatedPartiesAxis" xlink:to="label_CategoriesOfRelatedPartiesAxis" xlink:title="Label : CategoriesOfRelatedPartiesAxis to label_CategoriesOfRelatedPartiesAxis" />
    <link:label xlink:type="resource" xlink:label="label_CategoriesOfRelatedPartiesAxis_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CategoriesOfRelatedPartiesAxis_1" xml:lang="en-US" id="label_CategoriesOfRelatedPartiesAxis_1">Categories of related parties [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CategoriesOfRelatedPartiesAxis" xlink:to="label_CategoriesOfRelatedPartiesAxis_1" xlink:title="Label : CategoriesOfRelatedPartiesAxis to label_CategoriesOfRelatedPartiesAxis_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_EntitysTotalForRelatedPartiesMember" xlink:label="EntitysTotalForRelatedPartiesMember" xlink:title="EntitysTotalForRelatedPartiesMember" />
    <link:label xlink:type="resource" xlink:label="label_EntitysTotalForRelatedPartiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EntitysTotalForRelatedPartiesMember" xml:lang="en-US" id="label_EntitysTotalForRelatedPartiesMember">Entity's total for related parties [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntitysTotalForRelatedPartiesMember" xlink:to="label_EntitysTotalForRelatedPartiesMember" xlink:title="Label : EntitysTotalForRelatedPartiesMember to label_EntitysTotalForRelatedPartiesMember" />
    <link:label xlink:type="resource" xlink:label="label_EntitysTotalForRelatedPartiesMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_EntitysTotalForRelatedPartiesMember_1" xml:lang="en-US" id="label_EntitysTotalForRelatedPartiesMember_1">Entity's total for related parties [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntitysTotalForRelatedPartiesMember" xlink:to="label_EntitysTotalForRelatedPartiesMember_1" xlink:title="Label : EntitysTotalForRelatedPartiesMember to label_EntitysTotalForRelatedPartiesMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_TypesOfRateregulatedActivitiesAxis" xlink:label="TypesOfRateregulatedActivitiesAxis" xlink:title="TypesOfRateregulatedActivitiesAxis" />
    <link:label xlink:type="resource" xlink:label="label_TypesOfRateregulatedActivitiesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TypesOfRateregulatedActivitiesAxis" xml:lang="en-US" id="label_TypesOfRateregulatedActivitiesAxis">Types of rate-regulated activities [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TypesOfRateregulatedActivitiesAxis" xlink:to="label_TypesOfRateregulatedActivitiesAxis" xlink:title="Label : TypesOfRateregulatedActivitiesAxis to label_TypesOfRateregulatedActivitiesAxis" />
    <link:label xlink:type="resource" xlink:label="label_TypesOfRateregulatedActivitiesAxis_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TypesOfRateregulatedActivitiesAxis_1" xml:lang="en-US" id="label_TypesOfRateregulatedActivitiesAxis_1">Types of rate-regulated activities [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TypesOfRateregulatedActivitiesAxis" xlink:to="label_TypesOfRateregulatedActivitiesAxis_1" xlink:title="Label : TypesOfRateregulatedActivitiesAxis to label_TypesOfRateregulatedActivitiesAxis_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RateregulatedActivitiesMember" xlink:label="RateregulatedActivitiesMember" xlink:title="RateregulatedActivitiesMember" />
    <link:label xlink:type="resource" xlink:label="label_RateregulatedActivitiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RateregulatedActivitiesMember" xml:lang="en-US" id="label_RateregulatedActivitiesMember">Rate-regulated activities [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RateregulatedActivitiesMember" xlink:to="label_RateregulatedActivitiesMember" xlink:title="Label : RateregulatedActivitiesMember to label_RateregulatedActivitiesMember" />
    <link:label xlink:type="resource" xlink:label="label_RateregulatedActivitiesMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_RateregulatedActivitiesMember_1" xml:lang="en-US" id="label_RateregulatedActivitiesMember_1">Rate-regulated activities [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RateregulatedActivitiesMember" xlink:to="label_RateregulatedActivitiesMember_1" xlink:title="Label : RateregulatedActivitiesMember to label_RateregulatedActivitiesMember_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_RestrictedAssetsMember" xlink:label="RestrictedAssetsMember" xlink:title="RestrictedAssetsMember" />
    <link:label xlink:type="resource" xlink:label="label_RestrictedAssetsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_RestrictedAssetsMember" xml:lang="en-US" id="label_RestrictedAssetsMember">This member stands for the information pertaining to Restricted assets.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RestrictedAssetsMember" xlink:to="label_RestrictedAssetsMember" xlink:title="Label : RestrictedAssetsMember to label_RestrictedAssetsMember" />
    <link:label xlink:type="resource" xlink:label="label_RestrictedAssetsMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_RestrictedAssetsMember_1" xml:lang="en-US" id="label_RestrictedAssetsMember_1">Restricted Assets [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RestrictedAssetsMember" xlink:to="label_RestrictedAssetsMember_1" xlink:title="Label : RestrictedAssetsMember to label_RestrictedAssetsMember_1" />
    <link:label xlink:type="resource" xlink:label="label_RestrictedAssetsMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RestrictedAssetsMember_2" xml:lang="en-US" id="label_RestrictedAssetsMember_2">Restricted Assets [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RestrictedAssetsMember" xlink:to="label_RestrictedAssetsMember_2" xlink:title="Label : RestrictedAssetsMember to label_RestrictedAssetsMember_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NotesAndDebenturesIssued" xlink:label="NotesAndDebenturesIssued" xlink:title="NotesAndDebenturesIssued" />
    <link:label xlink:type="resource" xlink:label="label_NotesAndDebenturesIssued" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NotesAndDebenturesIssued" xml:lang="en-US" id="label_NotesAndDebenturesIssued">Notes to foreign market</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotesAndDebenturesIssued" xlink:to="label_NotesAndDebenturesIssued" xlink:title="Label : NotesAndDebenturesIssued to label_NotesAndDebenturesIssued" />
    <link:label xlink:type="resource" xlink:label="label_NotesAndDebenturesIssued_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NotesAndDebenturesIssued_1" xml:lang="en-US" id="label_NotesAndDebenturesIssued_1">Notes and debentures issued</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotesAndDebenturesIssued" xlink:to="label_NotesAndDebenturesIssued_1" xlink:title="Label : NotesAndDebenturesIssued to label_NotesAndDebenturesIssued_1" />
    <link:label xlink:type="resource" xlink:label="label_NotesAndDebenturesIssued_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_NotesAndDebenturesIssued_2" xml:lang="en-US" id="label_NotesAndDebenturesIssued_2">Debentures</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotesAndDebenturesIssued" xlink:to="label_NotesAndDebenturesIssued_2" xlink:title="Label : NotesAndDebenturesIssued to label_NotesAndDebenturesIssued_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_BondsIssuePriceInPercentage" xlink:label="BondsIssuePriceInPercentage" xlink:title="BondsIssuePriceInPercentage" />
    <link:label xlink:type="resource" xlink:label="label_BondsIssuePriceInPercentage" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_BondsIssuePriceInPercentage" xml:lang="en-US" id="label_BondsIssuePriceInPercentage">The percentage of bonds issue price of face value.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BondsIssuePriceInPercentage" xlink:to="label_BondsIssuePriceInPercentage" xlink:title="Label : BondsIssuePriceInPercentage to label_BondsIssuePriceInPercentage" />
    <link:label xlink:type="resource" xlink:label="label_BondsIssuePriceInPercentage_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_BondsIssuePriceInPercentage_1" xml:lang="en-US" id="label_BondsIssuePriceInPercentage_1">Issue percent of face value</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BondsIssuePriceInPercentage" xlink:to="label_BondsIssuePriceInPercentage_1" xlink:title="Label : BondsIssuePriceInPercentage to label_BondsIssuePriceInPercentage_1" />
    <link:label xlink:type="resource" xlink:label="label_BondsIssuePriceInPercentage_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_BondsIssuePriceInPercentage_2" xml:lang="en-US" id="label_BondsIssuePriceInPercentage_2">Bonds issue price in percentage</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BondsIssuePriceInPercentage" xlink:to="label_BondsIssuePriceInPercentage_2" xlink:title="Label : BondsIssuePriceInPercentage to label_BondsIssuePriceInPercentage_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LiabilitiesToWhichSignificantRestrictionsApply" xlink:label="LiabilitiesToWhichSignificantRestrictionsApply" xlink:title="LiabilitiesToWhichSignificantRestrictionsApply" />
    <link:label xlink:type="resource" xlink:label="label_LiabilitiesToWhichSignificantRestrictionsApply" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LiabilitiesToWhichSignificantRestrictionsApply" xml:lang="en-US" id="label_LiabilitiesToWhichSignificantRestrictionsApply">Liabilities to which significant restrictions apply</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesToWhichSignificantRestrictionsApply" xlink:to="label_LiabilitiesToWhichSignificantRestrictionsApply" xlink:title="Label : LiabilitiesToWhichSignificantRestrictionsApply to label_LiabilitiesToWhichSignificantRestrictionsApply" />
    <link:label xlink:type="resource" xlink:label="label_LiabilitiesToWhichSignificantRestrictionsApply_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LiabilitiesToWhichSignificantRestrictionsApply_1" xml:lang="en-US" id="label_LiabilitiesToWhichSignificantRestrictionsApply_1">Restriction on encumbrance of assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesToWhichSignificantRestrictionsApply" xlink:to="label_LiabilitiesToWhichSignificantRestrictionsApply_1" xlink:title="Label : LiabilitiesToWhichSignificantRestrictionsApply to label_LiabilitiesToWhichSignificantRestrictionsApply_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ValueOfAssetsPercentage" xlink:label="ValueOfAssetsPercentage" xlink:title="ValueOfAssetsPercentage" />
    <link:label xlink:type="resource" xlink:label="label_ValueOfAssetsPercentage" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ValueOfAssetsPercentage" xml:lang="en-US" id="label_ValueOfAssetsPercentage">The percentage of restricted tangible assets value.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ValueOfAssetsPercentage" xlink:to="label_ValueOfAssetsPercentage" xlink:title="Label : ValueOfAssetsPercentage to label_ValueOfAssetsPercentage" />
    <link:label xlink:type="resource" xlink:label="label_ValueOfAssetsPercentage_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ValueOfAssetsPercentage_1" xml:lang="en-US" id="label_ValueOfAssetsPercentage_1">Percent restricted consolidated tangible assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ValueOfAssetsPercentage" xlink:to="label_ValueOfAssetsPercentage_1" xlink:title="Label : ValueOfAssetsPercentage to label_ValueOfAssetsPercentage_1" />
    <link:label xlink:type="resource" xlink:label="label_ValueOfAssetsPercentage_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ValueOfAssetsPercentage_2" xml:lang="en-US" id="label_ValueOfAssetsPercentage_2">Value of assets percentage</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ValueOfAssetsPercentage" xlink:to="label_ValueOfAssetsPercentage_2" xlink:title="Label : ValueOfAssetsPercentage to label_ValueOfAssetsPercentage_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_BorrowingsAdjustmentToInterestRateBasis" xlink:label="BorrowingsAdjustmentToInterestRateBasis" xlink:title="BorrowingsAdjustmentToInterestRateBasis" />
    <link:label xlink:type="resource" xlink:label="label_BorrowingsAdjustmentToInterestRateBasis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_BorrowingsAdjustmentToInterestRateBasis" xml:lang="en-US" id="label_BorrowingsAdjustmentToInterestRateBasis">Borrowings, adjustment to interest rate basis</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingsAdjustmentToInterestRateBasis" xlink:to="label_BorrowingsAdjustmentToInterestRateBasis" xlink:title="Label : BorrowingsAdjustmentToInterestRateBasis to label_BorrowingsAdjustmentToInterestRateBasis" />
    <link:label xlink:type="resource" xlink:label="label_BorrowingsAdjustmentToInterestRateBasis_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_BorrowingsAdjustmentToInterestRateBasis_1" xml:lang="en-US" id="label_BorrowingsAdjustmentToInterestRateBasis_1">Borrowings, adjustment to interest rate basis</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingsAdjustmentToInterestRateBasis" xlink:to="label_BorrowingsAdjustmentToInterestRateBasis_1" xlink:title="Label : BorrowingsAdjustmentToInterestRateBasis to label_BorrowingsAdjustmentToInterestRateBasis_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DebenturePaymentOfFaceValueDescription" xlink:label="DebenturePaymentOfFaceValueDescription" xlink:title="DebenturePaymentOfFaceValueDescription" />
    <link:label xlink:type="resource" xlink:label="label_DebenturePaymentOfFaceValueDescription" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DebenturePaymentOfFaceValueDescription" xml:lang="en-US" id="label_DebenturePaymentOfFaceValueDescription">The description of redemption payment of the face value on borrowings.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebenturePaymentOfFaceValueDescription" xlink:to="label_DebenturePaymentOfFaceValueDescription" xlink:title="Label : DebenturePaymentOfFaceValueDescription to label_DebenturePaymentOfFaceValueDescription" />
    <link:label xlink:type="resource" xlink:label="label_DebenturePaymentOfFaceValueDescription_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DebenturePaymentOfFaceValueDescription_1" xml:lang="en-US" id="label_DebenturePaymentOfFaceValueDescription_1">Payment of the face value</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebenturePaymentOfFaceValueDescription" xlink:to="label_DebenturePaymentOfFaceValueDescription_1" xlink:title="Label : DebenturePaymentOfFaceValueDescription to label_DebenturePaymentOfFaceValueDescription_1" />
    <link:label xlink:type="resource" xlink:label="label_DebenturePaymentOfFaceValueDescription_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DebenturePaymentOfFaceValueDescription_2" xml:lang="en-US" id="label_DebenturePaymentOfFaceValueDescription_2">Debenture payment of face value description</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebenturePaymentOfFaceValueDescription" xlink:to="label_DebenturePaymentOfFaceValueDescription_2" xlink:title="Label : DebenturePaymentOfFaceValueDescription to label_DebenturePaymentOfFaceValueDescription_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DebenturePaymentOfInterestDescription" xlink:label="DebenturePaymentOfInterestDescription" xlink:title="DebenturePaymentOfInterestDescription" />
    <link:label xlink:type="resource" xlink:label="label_DebenturePaymentOfInterestDescription" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DebenturePaymentOfInterestDescription" xml:lang="en-US" id="label_DebenturePaymentOfInterestDescription">The description of interest payment frequency on borrowings.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebenturePaymentOfInterestDescription" xlink:to="label_DebenturePaymentOfInterestDescription" xlink:title="Label : DebenturePaymentOfInterestDescription to label_DebenturePaymentOfInterestDescription" />
    <link:label xlink:type="resource" xlink:label="label_DebenturePaymentOfInterestDescription_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DebenturePaymentOfInterestDescription_1" xml:lang="en-US" id="label_DebenturePaymentOfInterestDescription_1">Payment of interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebenturePaymentOfInterestDescription" xlink:to="label_DebenturePaymentOfInterestDescription_1" xlink:title="Label : DebenturePaymentOfInterestDescription to label_DebenturePaymentOfInterestDescription_1" />
    <link:label xlink:type="resource" xlink:label="label_DebenturePaymentOfInterestDescription_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DebenturePaymentOfInterestDescription_2" xml:lang="en-US" id="label_DebenturePaymentOfInterestDescription_2">Debenture payment of interest description</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebenturePaymentOfInterestDescription" xlink:to="label_DebenturePaymentOfInterestDescription_2" xlink:title="Label : DebenturePaymentOfInterestDescription to label_DebenturePaymentOfInterestDescription_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DebentureReprice" xlink:label="DebentureReprice" xlink:title="DebentureReprice" />
    <link:label xlink:type="resource" xlink:label="label_DebentureReprice" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DebentureReprice" xml:lang="en-US" id="label_DebentureReprice">The description of reprice on borrowings.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebentureReprice" xlink:to="label_DebentureReprice" xlink:title="Label : DebentureReprice to label_DebentureReprice" />
    <link:label xlink:type="resource" xlink:label="label_DebentureReprice_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DebentureReprice_1" xml:lang="en-US" id="label_DebentureReprice_1">Reprice</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebentureReprice" xlink:to="label_DebentureReprice_1" xlink:title="Label : DebentureReprice to label_DebentureReprice_1" />
    <link:label xlink:type="resource" xlink:label="label_DebentureReprice_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DebentureReprice_2" xml:lang="en-US" id="label_DebentureReprice_2">Debenture reprice</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebentureReprice" xlink:to="label_DebentureReprice_2" xlink:title="Label : DebentureReprice to label_DebentureReprice_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ProvisionOfGuaranteesOrCollateralByEntityRelatedPartyTransactions" xlink:label="ProvisionOfGuaranteesOrCollateralByEntityRelatedPartyTransactions" xlink:title="ProvisionOfGuaranteesOrCollateralByEntityRelatedPartyTransactions" />
    <link:label xlink:type="resource" xlink:label="label_ProvisionOfGuaranteesOrCollateralByEntityRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ProvisionOfGuaranteesOrCollateralByEntityRelatedPartyTransactions" xml:lang="en-US" id="label_ProvisionOfGuaranteesOrCollateralByEntityRelatedPartyTransactions">Provision of guarantees or collateral by entity, related party transactions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionOfGuaranteesOrCollateralByEntityRelatedPartyTransactions" xlink:to="label_ProvisionOfGuaranteesOrCollateralByEntityRelatedPartyTransactions" xlink:title="Label : ProvisionOfGuaranteesOrCollateralByEntityRelatedPartyTransactions to label_ProvisionOfGuaranteesOrCollateralByEntityRelatedPartyTransactions" />
    <link:label xlink:type="resource" xlink:label="label_ProvisionOfGuaranteesOrCollateralByEntityRelatedPartyTransactions_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ProvisionOfGuaranteesOrCollateralByEntityRelatedPartyTransactions_1" xml:lang="en-US" id="label_ProvisionOfGuaranteesOrCollateralByEntityRelatedPartyTransactions_1">Financing guaranteed by collateral</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionOfGuaranteesOrCollateralByEntityRelatedPartyTransactions" xlink:to="label_ProvisionOfGuaranteesOrCollateralByEntityRelatedPartyTransactions_1" xlink:title="Label : ProvisionOfGuaranteesOrCollateralByEntityRelatedPartyTransactions to label_ProvisionOfGuaranteesOrCollateralByEntityRelatedPartyTransactions_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_GuaranteesDebtors" xlink:label="GuaranteesDebtors" xlink:title="GuaranteesDebtors" />
    <link:label xlink:type="resource" xlink:label="label_GuaranteesDebtors" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_GuaranteesDebtors" xml:lang="en-US" id="label_GuaranteesDebtors">The amount of guarantees and promissory notes.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GuaranteesDebtors" xlink:to="label_GuaranteesDebtors" xlink:title="Label : GuaranteesDebtors to label_GuaranteesDebtors" />
    <link:label xlink:type="resource" xlink:label="label_GuaranteesDebtors_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_GuaranteesDebtors_1" xml:lang="en-US" id="label_GuaranteesDebtors_1">Amount of guarantees and promissory notes</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GuaranteesDebtors" xlink:to="label_GuaranteesDebtors_1" xlink:title="Label : GuaranteesDebtors to label_GuaranteesDebtors_1" />
    <link:label xlink:type="resource" xlink:label="label_GuaranteesDebtors_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GuaranteesDebtors_2" xml:lang="en-US" id="label_GuaranteesDebtors_2">Guarantees debtors</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GuaranteesDebtors" xlink:to="label_GuaranteesDebtors_2" xlink:title="Label : GuaranteesDebtors to label_GuaranteesDebtors_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_CollateralAssetsLettersOfCreditOrGuarantees" xlink:label="CollateralAssetsLettersOfCreditOrGuarantees" xlink:title="CollateralAssetsLettersOfCreditOrGuarantees" />
    <link:label xlink:type="resource" xlink:label="label_CollateralAssetsLettersOfCreditOrGuarantees" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_CollateralAssetsLettersOfCreditOrGuarantees" xml:lang="en-US" id="label_CollateralAssetsLettersOfCreditOrGuarantees">The amount of collateral in the form of letters of credit for commercial and legal proceedings.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CollateralAssetsLettersOfCreditOrGuarantees" xlink:to="label_CollateralAssetsLettersOfCreditOrGuarantees" xlink:title="Label : CollateralAssetsLettersOfCreditOrGuarantees to label_CollateralAssetsLettersOfCreditOrGuarantees" />
    <link:label xlink:type="resource" xlink:label="label_CollateralAssetsLettersOfCreditOrGuarantees_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CollateralAssetsLettersOfCreditOrGuarantees_1" xml:lang="en-US" id="label_CollateralAssetsLettersOfCreditOrGuarantees_1">Collateral guarantees to secure letters of credits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CollateralAssetsLettersOfCreditOrGuarantees" xlink:to="label_CollateralAssetsLettersOfCreditOrGuarantees_1" xlink:title="Label : CollateralAssetsLettersOfCreditOrGuarantees to label_CollateralAssetsLettersOfCreditOrGuarantees_1" />
    <link:label xlink:type="resource" xlink:label="label_CollateralAssetsLettersOfCreditOrGuarantees_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CollateralAssetsLettersOfCreditOrGuarantees_2" xml:lang="en-US" id="label_CollateralAssetsLettersOfCreditOrGuarantees_2">Collateral Assets Letters Of Credit Or Guarantees</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CollateralAssetsLettersOfCreditOrGuarantees" xlink:to="label_CollateralAssetsLettersOfCreditOrGuarantees_2" xlink:title="Label : CollateralAssetsLettersOfCreditOrGuarantees to label_CollateralAssetsLettersOfCreditOrGuarantees_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_BorrowingsInterestRateBasis" xlink:label="BorrowingsInterestRateBasis" xlink:title="BorrowingsInterestRateBasis" />
    <link:label xlink:type="resource" xlink:label="label_BorrowingsInterestRateBasis" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_BorrowingsInterestRateBasis" xml:lang="en-US" id="label_BorrowingsInterestRateBasis">Interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingsInterestRateBasis" xlink:to="label_BorrowingsInterestRateBasis" xlink:title="Label : BorrowingsInterestRateBasis to label_BorrowingsInterestRateBasis" />
    <link:label xlink:type="resource" xlink:label="label_BorrowingsInterestRateBasis_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_BorrowingsInterestRateBasis_1" xml:lang="en-US" id="label_BorrowingsInterestRateBasis_1">Borrowings, interest rate basis</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingsInterestRateBasis" xlink:to="label_BorrowingsInterestRateBasis_1" xlink:title="Label : BorrowingsInterestRateBasis to label_BorrowingsInterestRateBasis_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DebentureOneMember" xlink:label="DebentureOneMember" xlink:title="DebentureOneMember" />
    <link:label xlink:type="resource" xlink:label="label_DebentureOneMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DebentureOneMember" xml:lang="en-US" id="label_DebentureOneMember">Debenture one [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebentureOneMember" xlink:to="label_DebentureOneMember" xlink:title="Label : DebentureOneMember to label_DebentureOneMember" />
    <link:label xlink:type="resource" xlink:label="label_DebentureOneMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DebentureOneMember_1" xml:lang="en-US" id="label_DebentureOneMember_1">Debenture one [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebentureOneMember" xlink:to="label_DebentureOneMember_1" xlink:title="Label : DebentureOneMember to label_DebentureOneMember_1" />
    <link:label xlink:type="resource" xlink:label="label_DebentureOneMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DebentureOneMember_2" xml:lang="en-US" id="label_DebentureOneMember_2">This member stands for the information pertaining to debenture one.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebentureOneMember" xlink:to="label_DebentureOneMember_2" xlink:title="Label : DebentureOneMember to label_DebentureOneMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DebentureThreeMember" xlink:label="DebentureThreeMember" xlink:title="DebentureThreeMember" />
    <link:label xlink:type="resource" xlink:label="label_DebentureThreeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DebentureThreeMember" xml:lang="en-US" id="label_DebentureThreeMember">Debenture three [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebentureThreeMember" xlink:to="label_DebentureThreeMember" xlink:title="Label : DebentureThreeMember to label_DebentureThreeMember" />
    <link:label xlink:type="resource" xlink:label="label_DebentureThreeMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DebentureThreeMember_1" xml:lang="en-US" id="label_DebentureThreeMember_1">Debenture three [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebentureThreeMember" xlink:to="label_DebentureThreeMember_1" xlink:title="Label : DebentureThreeMember to label_DebentureThreeMember_1" />
    <link:label xlink:type="resource" xlink:label="label_DebentureThreeMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DebentureThreeMember_2" xml:lang="en-US" id="label_DebentureThreeMember_2">This member stands for the information pertaining to debenture three.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebentureThreeMember" xlink:to="label_DebentureThreeMember_2" xlink:title="Label : DebentureThreeMember to label_DebentureThreeMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DebentureFourMember" xlink:label="DebentureFourMember" xlink:title="DebentureFourMember" />
    <link:label xlink:type="resource" xlink:label="label_DebentureFourMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DebentureFourMember" xml:lang="en-US" id="label_DebentureFourMember">Debenture four [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebentureFourMember" xlink:to="label_DebentureFourMember" xlink:title="Label : DebentureFourMember to label_DebentureFourMember" />
    <link:label xlink:type="resource" xlink:label="label_DebentureFourMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DebentureFourMember_1" xml:lang="en-US" id="label_DebentureFourMember_1">Debenture four [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebentureFourMember" xlink:to="label_DebentureFourMember_1" xlink:title="Label : DebentureFourMember to label_DebentureFourMember_1" />
    <link:label xlink:type="resource" xlink:label="label_DebentureFourMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DebentureFourMember_2" xml:lang="en-US" id="label_DebentureFourMember_2">This member stands for the information pertaining to debenture four.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebentureFourMember" xlink:to="label_DebentureFourMember_2" xlink:title="Label : DebentureFourMember to label_DebentureFourMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DebentureSixMember" xlink:label="DebentureSixMember" xlink:title="DebentureSixMember" />
    <link:label xlink:type="resource" xlink:label="label_DebentureSixMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DebentureSixMember" xml:lang="en-US" id="label_DebentureSixMember">Debenture six [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebentureSixMember" xlink:to="label_DebentureSixMember" xlink:title="Label : DebentureSixMember to label_DebentureSixMember" />
    <link:label xlink:type="resource" xlink:label="label_DebentureSixMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DebentureSixMember_1" xml:lang="en-US" id="label_DebentureSixMember_1">Debenture six [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebentureSixMember" xlink:to="label_DebentureSixMember_1" xlink:title="Label : DebentureSixMember to label_DebentureSixMember_1" />
    <link:label xlink:type="resource" xlink:label="label_DebentureSixMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DebentureSixMember_2" xml:lang="en-US" id="label_DebentureSixMember_2">This member stands for the information pertaining to debenture six.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebentureSixMember" xlink:to="label_DebentureSixMember_2" xlink:title="Label : DebentureSixMember to label_DebentureSixMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DebentureSevenMember" xlink:label="DebentureSevenMember" xlink:title="DebentureSevenMember" />
    <link:label xlink:type="resource" xlink:label="label_DebentureSevenMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DebentureSevenMember" xml:lang="en-US" id="label_DebentureSevenMember">Debenture seven [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebentureSevenMember" xlink:to="label_DebentureSevenMember" xlink:title="Label : DebentureSevenMember to label_DebentureSevenMember" />
    <link:label xlink:type="resource" xlink:label="label_DebentureSevenMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DebentureSevenMember_1" xml:lang="en-US" id="label_DebentureSevenMember_1">Debenture seven [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebentureSevenMember" xlink:to="label_DebentureSevenMember_1" xlink:title="Label : DebentureSevenMember to label_DebentureSevenMember_1" />
    <link:label xlink:type="resource" xlink:label="label_DebentureSevenMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DebentureSevenMember_2" xml:lang="en-US" id="label_DebentureSevenMember_2">This member stands for the information pertaining to debenture seven.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebentureSevenMember" xlink:to="label_DebentureSevenMember_2" xlink:title="Label : DebentureSevenMember to label_DebentureSevenMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DebentureNineMember" xlink:label="DebentureNineMember" xlink:title="DebentureNineMember" />
    <link:label xlink:type="resource" xlink:label="label_DebentureNineMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DebentureNineMember" xml:lang="en-US" id="label_DebentureNineMember">Debenture Nine [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebentureNineMember" xlink:to="label_DebentureNineMember" xlink:title="Label : DebentureNineMember to label_DebentureNineMember" />
    <link:label xlink:type="resource" xlink:label="label_DebentureNineMember_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_DebentureNineMember_1" xml:lang="en-US" id="label_DebentureNineMember_1">Debenture nine [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebentureNineMember" xlink:to="label_DebentureNineMember_1" xlink:title="Label : DebentureNineMember to label_DebentureNineMember_1" />
    <link:label xlink:type="resource" xlink:label="label_DebentureNineMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DebentureNineMember_2" xml:lang="en-US" id="label_DebentureNineMember_2">This member stands for the information pertaining to debenture nine.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebentureNineMember" xlink:to="label_DebentureNineMember_2" xlink:title="Label : DebentureNineMember to label_DebentureNineMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DebentureTenMember" xlink:label="DebentureTenMember" xlink:title="DebentureTenMember" />
    <link:label xlink:type="resource" xlink:label="label_DebentureTenMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DebentureTenMember" xml:lang="en-US" id="label_DebentureTenMember">Debenture ten [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebentureTenMember" xlink:to="label_DebentureTenMember" xlink:title="Label : DebentureTenMember to label_DebentureTenMember" />
    <link:label xlink:type="resource" xlink:label="label_DebentureTenMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DebentureTenMember_1" xml:lang="en-US" id="label_DebentureTenMember_1">Debenture ten [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebentureTenMember" xlink:to="label_DebentureTenMember_1" xlink:title="Label : DebentureTenMember to label_DebentureTenMember_1" />
    <link:label xlink:type="resource" xlink:label="label_DebentureTenMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DebentureTenMember_2" xml:lang="en-US" id="label_DebentureTenMember_2">This member stands for the information pertaining to debenture ten.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebentureTenMember" xlink:to="label_DebentureTenMember_2" xlink:title="Label : DebentureTenMember to label_DebentureTenMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DebenturesFirstIssueMember" xlink:label="DebenturesFirstIssueMember" xlink:title="DebenturesFirstIssueMember" />
    <link:label xlink:type="resource" xlink:label="label_DebenturesFirstIssueMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DebenturesFirstIssueMember" xml:lang="en-US" id="label_DebenturesFirstIssueMember">This member stands for information pertaining to first issue of debentures.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebenturesFirstIssueMember" xlink:to="label_DebenturesFirstIssueMember" xlink:title="Label : DebenturesFirstIssueMember to label_DebenturesFirstIssueMember" />
    <link:label xlink:type="resource" xlink:label="label_DebenturesFirstIssueMember_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_DebenturesFirstIssueMember_1" xml:lang="en-US" id="label_DebenturesFirstIssueMember_1">Debentures first issue [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebenturesFirstIssueMember" xlink:to="label_DebenturesFirstIssueMember_1" xlink:title="Label : DebenturesFirstIssueMember to label_DebenturesFirstIssueMember_1" />
    <link:label xlink:type="resource" xlink:label="label_DebenturesFirstIssueMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DebenturesFirstIssueMember_2" xml:lang="en-US" id="label_DebenturesFirstIssueMember_2">Debentures First Issue [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebenturesFirstIssueMember" xlink:to="label_DebenturesFirstIssueMember_2" xlink:title="Label : DebenturesFirstIssueMember to label_DebenturesFirstIssueMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DebenturesFourthIssueMember" xlink:label="DebenturesFourthIssueMember" xlink:title="DebenturesFourthIssueMember" />
    <link:label xlink:type="resource" xlink:label="label_DebenturesFourthIssueMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DebenturesFourthIssueMember" xml:lang="en-US" id="label_DebenturesFourthIssueMember">This member stands for the information pertaining to debentures fourth issue.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebenturesFourthIssueMember" xlink:to="label_DebenturesFourthIssueMember" xlink:title="Label : DebenturesFourthIssueMember to label_DebenturesFourthIssueMember" />
    <link:label xlink:type="resource" xlink:label="label_DebenturesFourthIssueMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DebenturesFourthIssueMember_1" xml:lang="en-US" id="label_DebenturesFourthIssueMember_1">Debentures fourth issue [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebenturesFourthIssueMember" xlink:to="label_DebenturesFourthIssueMember_1" xlink:title="Label : DebenturesFourthIssueMember to label_DebenturesFourthIssueMember_1" />
    <link:label xlink:type="resource" xlink:label="label_DebenturesFourthIssueMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DebenturesFourthIssueMember_2" xml:lang="en-US" id="label_DebenturesFourthIssueMember_2">Debentures fourth issue [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebenturesFourthIssueMember" xlink:to="label_DebenturesFourthIssueMember_2" xlink:title="Label : DebenturesFourthIssueMember to label_DebenturesFourthIssueMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DebenturesFifthIssueMember" xlink:label="DebenturesFifthIssueMember" xlink:title="DebenturesFifthIssueMember" />
    <link:label xlink:type="resource" xlink:label="label_DebenturesFifthIssueMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DebenturesFifthIssueMember" xml:lang="en-US" id="label_DebenturesFifthIssueMember">This member stands for the information pertaining to debentures fifth issue.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebenturesFifthIssueMember" xlink:to="label_DebenturesFifthIssueMember" xlink:title="Label : DebenturesFifthIssueMember to label_DebenturesFifthIssueMember" />
    <link:label xlink:type="resource" xlink:label="label_DebenturesFifthIssueMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DebenturesFifthIssueMember_1" xml:lang="en-US" id="label_DebenturesFifthIssueMember_1">Debentures fifth issue [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebenturesFifthIssueMember" xlink:to="label_DebenturesFifthIssueMember_1" xlink:title="Label : DebenturesFifthIssueMember to label_DebenturesFifthIssueMember_1" />
    <link:label xlink:type="resource" xlink:label="label_DebenturesFifthIssueMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DebenturesFifthIssueMember_2" xml:lang="en-US" id="label_DebenturesFifthIssueMember_2">Debentures fifth issue [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebenturesFifthIssueMember" xlink:to="label_DebenturesFifthIssueMember_2" xlink:title="Label : DebenturesFifthIssueMember to label_DebenturesFifthIssueMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DebenturesSixthIssueMember" xlink:label="DebenturesSixthIssueMember" xlink:title="DebenturesSixthIssueMember" />
    <link:label xlink:type="resource" xlink:label="label_DebenturesSixthIssueMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DebenturesSixthIssueMember" xml:lang="en-US" id="label_DebenturesSixthIssueMember">This member stands for the information pertaining to debentures sixth issue.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebenturesSixthIssueMember" xlink:to="label_DebenturesSixthIssueMember" xlink:title="Label : DebenturesSixthIssueMember to label_DebenturesSixthIssueMember" />
    <link:label xlink:type="resource" xlink:label="label_DebenturesSixthIssueMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DebenturesSixthIssueMember_1" xml:lang="en-US" id="label_DebenturesSixthIssueMember_1">Debentures sixth issue [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebenturesSixthIssueMember" xlink:to="label_DebenturesSixthIssueMember_1" xlink:title="Label : DebenturesSixthIssueMember to label_DebenturesSixthIssueMember_1" />
    <link:label xlink:type="resource" xlink:label="label_DebenturesSixthIssueMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DebenturesSixthIssueMember_2" xml:lang="en-US" id="label_DebenturesSixthIssueMember_2">Debentures sixth issue [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebenturesSixthIssueMember" xlink:to="label_DebenturesSixthIssueMember_2" xlink:title="Label : DebenturesSixthIssueMember to label_DebenturesSixthIssueMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DebenturesSeventhIssueMember" xlink:label="DebenturesSeventhIssueMember" xlink:title="DebenturesSeventhIssueMember" />
    <link:label xlink:type="resource" xlink:label="label_DebenturesSeventhIssueMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DebenturesSeventhIssueMember" xml:lang="en-US" id="label_DebenturesSeventhIssueMember">This member stands for the information pertaining to debentures seventh issue.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebenturesSeventhIssueMember" xlink:to="label_DebenturesSeventhIssueMember" xlink:title="Label : DebenturesSeventhIssueMember to label_DebenturesSeventhIssueMember" />
    <link:label xlink:type="resource" xlink:label="label_DebenturesSeventhIssueMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DebenturesSeventhIssueMember_1" xml:lang="en-US" id="label_DebenturesSeventhIssueMember_1">Debentures seventh issue [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebenturesSeventhIssueMember" xlink:to="label_DebenturesSeventhIssueMember_1" xlink:title="Label : DebenturesSeventhIssueMember to label_DebenturesSeventhIssueMember_1" />
    <link:label xlink:type="resource" xlink:label="label_DebenturesSeventhIssueMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DebenturesSeventhIssueMember_2" xml:lang="en-US" id="label_DebenturesSeventhIssueMember_2">Debentures seventh issue [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebenturesSeventhIssueMember" xlink:to="label_DebenturesSeventhIssueMember_2" xlink:title="Label : DebenturesSeventhIssueMember to label_DebenturesSeventhIssueMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DebenturesEighthIssueMember" xlink:label="DebenturesEighthIssueMember" xlink:title="DebenturesEighthIssueMember" />
    <link:label xlink:type="resource" xlink:label="label_DebenturesEighthIssueMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DebenturesEighthIssueMember" xml:lang="en-US" id="label_DebenturesEighthIssueMember">This member stands for the information pertaining to debentures eighth issue.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebenturesEighthIssueMember" xlink:to="label_DebenturesEighthIssueMember" xlink:title="Label : DebenturesEighthIssueMember to label_DebenturesEighthIssueMember" />
    <link:label xlink:type="resource" xlink:label="label_DebenturesEighthIssueMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DebenturesEighthIssueMember_1" xml:lang="en-US" id="label_DebenturesEighthIssueMember_1">Debentures eighth issue [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebenturesEighthIssueMember" xlink:to="label_DebenturesEighthIssueMember_1" xlink:title="Label : DebenturesEighthIssueMember to label_DebenturesEighthIssueMember_1" />
    <link:label xlink:type="resource" xlink:label="label_DebenturesEighthIssueMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DebenturesEighthIssueMember_2" xml:lang="en-US" id="label_DebenturesEighthIssueMember_2">Debentures eighth issue [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebenturesEighthIssueMember" xlink:to="label_DebenturesEighthIssueMember_2" xlink:title="Label : DebenturesEighthIssueMember to label_DebenturesEighthIssueMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NumberOfDebenturesDistributedThroughPublicOffer" xlink:label="NumberOfDebenturesDistributedThroughPublicOffer" xlink:title="NumberOfDebenturesDistributedThroughPublicOffer" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfDebenturesDistributedThroughPublicOffer" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_NumberOfDebenturesDistributedThroughPublicOffer" xml:lang="en-US" id="label_NumberOfDebenturesDistributedThroughPublicOffer">The number of debentures distributed through public offer.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfDebenturesDistributedThroughPublicOffer" xlink:to="label_NumberOfDebenturesDistributedThroughPublicOffer" xlink:title="Label : NumberOfDebenturesDistributedThroughPublicOffer to label_NumberOfDebenturesDistributedThroughPublicOffer" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfDebenturesDistributedThroughPublicOffer_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NumberOfDebenturesDistributedThroughPublicOffer_1" xml:lang="en-US" id="label_NumberOfDebenturesDistributedThroughPublicOffer_1">Simple nominative nonconvertible unsecured registered debentures</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfDebenturesDistributedThroughPublicOffer" xlink:to="label_NumberOfDebenturesDistributedThroughPublicOffer_1" xlink:title="Label : NumberOfDebenturesDistributedThroughPublicOffer to label_NumberOfDebenturesDistributedThroughPublicOffer_1" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfDebenturesDistributedThroughPublicOffer_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NumberOfDebenturesDistributedThroughPublicOffer_2" xml:lang="en-US" id="label_NumberOfDebenturesDistributedThroughPublicOffer_2">Number of debentures distributed through public offer</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfDebenturesDistributedThroughPublicOffer" xlink:to="label_NumberOfDebenturesDistributedThroughPublicOffer_2" xlink:title="Label : NumberOfDebenturesDistributedThroughPublicOffer to label_NumberOfDebenturesDistributedThroughPublicOffer_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NumberOfDebenturesIssued" xlink:label="NumberOfDebenturesIssued" xlink:title="NumberOfDebenturesIssued" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfDebenturesIssued" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_NumberOfDebenturesIssued" xml:lang="en-US" id="label_NumberOfDebenturesIssued">The number of debentures issued.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfDebenturesIssued" xlink:to="label_NumberOfDebenturesIssued" xlink:title="Label : NumberOfDebenturesIssued to label_NumberOfDebenturesIssued" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfDebenturesIssued_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NumberOfDebenturesIssued_1" xml:lang="en-US" id="label_NumberOfDebenturesIssued_1">Second series simple nominative nonconvertible unsecured registered debentures</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfDebenturesIssued" xlink:to="label_NumberOfDebenturesIssued_1" xlink:title="Label : NumberOfDebenturesIssued to label_NumberOfDebenturesIssued_1" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfDebenturesIssued_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NumberOfDebenturesIssued_2" xml:lang="en-US" id="label_NumberOfDebenturesIssued_2">Number of debentures issued</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfDebenturesIssued" xlink:to="label_NumberOfDebenturesIssued_2" xlink:title="Label : NumberOfDebenturesIssued to label_NumberOfDebenturesIssued_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AdditionsLoansAndDebenturesWithCashEffect" xlink:label="AdditionsLoansAndDebenturesWithCashEffect" xlink:title="AdditionsLoansAndDebenturesWithCashEffect" />
    <link:label xlink:type="resource" xlink:label="label_AdditionsLoansAndDebenturesWithCashEffect" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AdditionsLoansAndDebenturesWithCashEffect" xml:lang="en-US" id="label_AdditionsLoansAndDebenturesWithCashEffect">The amount of new loans and debentures with cash effect of loans and debentures.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionsLoansAndDebenturesWithCashEffect" xlink:to="label_AdditionsLoansAndDebenturesWithCashEffect" xlink:title="Label : AdditionsLoansAndDebenturesWithCashEffect to label_AdditionsLoansAndDebenturesWithCashEffect" />
    <link:label xlink:type="resource" xlink:label="label_AdditionsLoansAndDebenturesWithCashEffect_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AdditionsLoansAndDebenturesWithCashEffect_1" xml:lang="en-US" id="label_AdditionsLoansAndDebenturesWithCashEffect_1">New loans and debentures with cash effect</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionsLoansAndDebenturesWithCashEffect" xlink:to="label_AdditionsLoansAndDebenturesWithCashEffect_1" xlink:title="Label : AdditionsLoansAndDebenturesWithCashEffect to label_AdditionsLoansAndDebenturesWithCashEffect_1" />
    <link:label xlink:type="resource" xlink:label="label_AdditionsLoansAndDebenturesWithCashEffect_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdditionsLoansAndDebenturesWithCashEffect_2" xml:lang="en-US" id="label_AdditionsLoansAndDebenturesWithCashEffect_2">Additions loans and debentures with cash effect</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionsLoansAndDebenturesWithCashEffect" xlink:to="label_AdditionsLoansAndDebenturesWithCashEffect_2" xlink:title="Label : AdditionsLoansAndDebenturesWithCashEffect to label_AdditionsLoansAndDebenturesWithCashEffect_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_LoandsAndDebenturesInterestAccrued" xlink:label="LoandsAndDebenturesInterestAccrued" xlink:title="LoandsAndDebenturesInterestAccrued" />
    <link:label xlink:type="resource" xlink:label="label_LoandsAndDebenturesInterestAccrued" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LoandsAndDebenturesInterestAccrued" xml:lang="en-US" id="label_LoandsAndDebenturesInterestAccrued">Loands and debentures interest accrued</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoandsAndDebenturesInterestAccrued" xlink:to="label_LoandsAndDebenturesInterestAccrued" xlink:title="Label : LoandsAndDebenturesInterestAccrued to label_LoandsAndDebenturesInterestAccrued" />
    <link:label xlink:type="resource" xlink:label="label_LoandsAndDebenturesInterestAccrued_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LoandsAndDebenturesInterestAccrued_1" xml:lang="en-US" id="label_LoandsAndDebenturesInterestAccrued_1">Interest accrued</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoandsAndDebenturesInterestAccrued" xlink:to="label_LoandsAndDebenturesInterestAccrued_1" xlink:title="Label : LoandsAndDebenturesInterestAccrued to label_LoandsAndDebenturesInterestAccrued_1" />
    <link:label xlink:type="resource" xlink:label="label_LoandsAndDebenturesInterestAccrued_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_LoandsAndDebenturesInterestAccrued_2" xml:lang="en-US" id="label_LoandsAndDebenturesInterestAccrued_2">The amount of interest accrued during period of loans and debentures.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoandsAndDebenturesInterestAccrued" xlink:to="label_LoandsAndDebenturesInterestAccrued_2" xlink:title="Label : LoandsAndDebenturesInterestAccrued to label_LoandsAndDebenturesInterestAccrued_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_PrincipalPaymentAndFinancialLeases" xlink:label="PrincipalPaymentAndFinancialLeases" xlink:title="PrincipalPaymentAndFinancialLeases" />
    <link:label xlink:type="resource" xlink:label="label_PrincipalPaymentAndFinancialLeases" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_PrincipalPaymentAndFinancialLeases" xml:lang="en-US" id="label_PrincipalPaymentAndFinancialLeases">The amount of principal payment of loans and debentures.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PrincipalPaymentAndFinancialLeases" xlink:to="label_PrincipalPaymentAndFinancialLeases" xlink:title="Label : PrincipalPaymentAndFinancialLeases to label_PrincipalPaymentAndFinancialLeases" />
    <link:label xlink:type="resource" xlink:label="label_PrincipalPaymentAndFinancialLeases_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PrincipalPaymentAndFinancialLeases_1" xml:lang="en-US" id="label_PrincipalPaymentAndFinancialLeases_1">Principal payment and financial leases</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PrincipalPaymentAndFinancialLeases" xlink:to="label_PrincipalPaymentAndFinancialLeases_1" xlink:title="Label : PrincipalPaymentAndFinancialLeases to label_PrincipalPaymentAndFinancialLeases_1" />
    <link:label xlink:type="resource" xlink:label="label_PrincipalPaymentAndFinancialLeases_2" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_PrincipalPaymentAndFinancialLeases_2" xml:lang="en-US" id="label_PrincipalPaymentAndFinancialLeases_2">Principal payment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PrincipalPaymentAndFinancialLeases" xlink:to="label_PrincipalPaymentAndFinancialLeases_2" xlink:title="Label : PrincipalPaymentAndFinancialLeases to label_PrincipalPaymentAndFinancialLeases_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_LoansAndDebenturesInterestPayment" xlink:label="LoansAndDebenturesInterestPayment" xlink:title="LoansAndDebenturesInterestPayment" />
    <link:label xlink:type="resource" xlink:label="label_LoansAndDebenturesInterestPayment" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_LoansAndDebenturesInterestPayment" xml:lang="en-US" id="label_LoansAndDebenturesInterestPayment">Interest payment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoansAndDebenturesInterestPayment" xlink:to="label_LoansAndDebenturesInterestPayment" xlink:title="Label : LoansAndDebenturesInterestPayment to label_LoansAndDebenturesInterestPayment" />
    <link:label xlink:type="resource" xlink:label="label_LoansAndDebenturesInterestPayment_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LoansAndDebenturesInterestPayment_1" xml:lang="en-US" id="label_LoansAndDebenturesInterestPayment_1">Loans and debentures interest payment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoansAndDebenturesInterestPayment" xlink:to="label_LoansAndDebenturesInterestPayment_1" xlink:title="Label : LoansAndDebenturesInterestPayment to label_LoansAndDebenturesInterestPayment_1" />
    <link:label xlink:type="resource" xlink:label="label_LoansAndDebenturesInterestPayment_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_LoansAndDebenturesInterestPayment_2" xml:lang="en-US" id="label_LoansAndDebenturesInterestPayment_2">The amount of interest payment of loans and debentures.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoansAndDebenturesInterestPayment" xlink:to="label_LoansAndDebenturesInterestPayment_2" xlink:title="Label : LoansAndDebenturesInterestPayment to label_LoansAndDebenturesInterestPayment_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_LoansAndDebenturesMonetaryAndExchangeRateVariation" xlink:label="LoansAndDebenturesMonetaryAndExchangeRateVariation" xlink:title="LoansAndDebenturesMonetaryAndExchangeRateVariation" />
    <link:label xlink:type="resource" xlink:label="label_LoansAndDebenturesMonetaryAndExchangeRateVariation" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_LoansAndDebenturesMonetaryAndExchangeRateVariation" xml:lang="en-US" id="label_LoansAndDebenturesMonetaryAndExchangeRateVariation">The amount of monetary and exchange rate variation of loans and debentures.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoansAndDebenturesMonetaryAndExchangeRateVariation" xlink:to="label_LoansAndDebenturesMonetaryAndExchangeRateVariation" xlink:title="Label : LoansAndDebenturesMonetaryAndExchangeRateVariation to label_LoansAndDebenturesMonetaryAndExchangeRateVariation" />
    <link:label xlink:type="resource" xlink:label="label_LoansAndDebenturesMonetaryAndExchangeRateVariation_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LoansAndDebenturesMonetaryAndExchangeRateVariation_1" xml:lang="en-US" id="label_LoansAndDebenturesMonetaryAndExchangeRateVariation_1">Monetary and exchange rate variation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoansAndDebenturesMonetaryAndExchangeRateVariation" xlink:to="label_LoansAndDebenturesMonetaryAndExchangeRateVariation_1" xlink:title="Label : LoansAndDebenturesMonetaryAndExchangeRateVariation to label_LoansAndDebenturesMonetaryAndExchangeRateVariation_1" />
    <link:label xlink:type="resource" xlink:label="label_LoansAndDebenturesMonetaryAndExchangeRateVariation_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LoansAndDebenturesMonetaryAndExchangeRateVariation_2" xml:lang="en-US" id="label_LoansAndDebenturesMonetaryAndExchangeRateVariation_2">Loans and debentures monetary and exchange rate variation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoansAndDebenturesMonetaryAndExchangeRateVariation" xlink:to="label_LoansAndDebenturesMonetaryAndExchangeRateVariation_2" xlink:title="Label : LoansAndDebenturesMonetaryAndExchangeRateVariation to label_LoansAndDebenturesMonetaryAndExchangeRateVariation_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_LoansAndDeBenturesChangeInFairValue" xlink:label="LoansAndDeBenturesChangeInFairValue" xlink:title="LoansAndDeBenturesChangeInFairValue" />
    <link:label xlink:type="resource" xlink:label="label_LoansAndDeBenturesChangeInFairValue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LoansAndDeBenturesChangeInFairValue" xml:lang="en-US" id="label_LoansAndDeBenturesChangeInFairValue">Change in fair value</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoansAndDeBenturesChangeInFairValue" xlink:to="label_LoansAndDeBenturesChangeInFairValue" xlink:title="Label : LoansAndDeBenturesChangeInFairValue to label_LoansAndDeBenturesChangeInFairValue" />
    <link:label xlink:type="resource" xlink:label="label_LoansAndDeBenturesChangeInFairValue_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LoansAndDeBenturesChangeInFairValue_1" xml:lang="en-US" id="label_LoansAndDeBenturesChangeInFairValue_1">Loans and de bentures change in fair value</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoansAndDeBenturesChangeInFairValue" xlink:to="label_LoansAndDeBenturesChangeInFairValue_1" xlink:title="Label : LoansAndDeBenturesChangeInFairValue to label_LoansAndDeBenturesChangeInFairValue_1" />
    <link:label xlink:type="resource" xlink:label="label_LoansAndDeBenturesChangeInFairValue_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_LoansAndDeBenturesChangeInFairValue_2" xml:lang="en-US" id="label_LoansAndDeBenturesChangeInFairValue_2">The amount of change in fair value of loans and debentures.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoansAndDeBenturesChangeInFairValue" xlink:to="label_LoansAndDeBenturesChangeInFairValue_2" xlink:title="Label : LoansAndDeBenturesChangeInFairValue to label_LoansAndDeBenturesChangeInFairValue_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ForeignLoanAxis" xlink:label="ForeignLoanAxis" xlink:title="ForeignLoanAxis" />
    <link:label xlink:type="resource" xlink:label="label_ForeignLoanAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ForeignLoanAxis" xml:lang="en-US" id="label_ForeignLoanAxis">Foreign loan [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignLoanAxis" xlink:to="label_ForeignLoanAxis" xlink:title="Label : ForeignLoanAxis to label_ForeignLoanAxis" />
    <link:label xlink:type="resource" xlink:label="label_ForeignLoanAxis_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ForeignLoanAxis_1" xml:lang="en-US" id="label_ForeignLoanAxis_1">Foreign loan [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignLoanAxis" xlink:to="label_ForeignLoanAxis_1" xlink:title="Label : ForeignLoanAxis to label_ForeignLoanAxis_1" />
    <link:label xlink:type="resource" xlink:label="label_ForeignLoanAxis_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ForeignLoanAxis_2" xml:lang="en-US" id="label_ForeignLoanAxis_2">Foreign loan [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignLoanAxis" xlink:to="label_ForeignLoanAxis_2" xlink:title="Label : ForeignLoanAxis to label_ForeignLoanAxis_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ForeignLoanDomain" xlink:label="ForeignLoanDomain" xlink:title="ForeignLoanDomain" />
    <link:label xlink:type="resource" xlink:label="label_ForeignLoanDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ForeignLoanDomain" xml:lang="en-US" id="label_ForeignLoanDomain">Foreign loan [domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignLoanDomain" xlink:to="label_ForeignLoanDomain" xlink:title="Label : ForeignLoanDomain to label_ForeignLoanDomain" />
    <link:label xlink:type="resource" xlink:label="label_ForeignLoanDomain_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ForeignLoanDomain_1" xml:lang="en-US" id="label_ForeignLoanDomain_1">Foreign loan [domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignLoanDomain" xlink:to="label_ForeignLoanDomain_1" xlink:title="Label : ForeignLoanDomain to label_ForeignLoanDomain_1" />
    <link:label xlink:type="resource" xlink:label="label_ForeignLoanDomain_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ForeignLoanDomain_2" xml:lang="en-US" id="label_ForeignLoanDomain_2">Foreign loan [domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignLoanDomain" xlink:to="label_ForeignLoanDomain_2" xlink:title="Label : ForeignLoanDomain to label_ForeignLoanDomain_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ChargesMember" xlink:label="ChargesMember" xlink:title="ChargesMember" />
    <link:label xlink:type="resource" xlink:label="label_ChargesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ChargesMember" xml:lang="en-US" id="label_ChargesMember">This member stands for the information pertaining to borrowing charges including interest.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChargesMember" xlink:to="label_ChargesMember" xlink:title="Label : ChargesMember to label_ChargesMember" />
    <link:label xlink:type="resource" xlink:label="label_ChargesMember_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ChargesMember_1" xml:lang="en-US" id="label_ChargesMember_1">Charges [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChargesMember" xlink:to="label_ChargesMember_1" xlink:title="Label : ChargesMember to label_ChargesMember_1" />
    <link:label xlink:type="resource" xlink:label="label_ChargesMember_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ChargesMember_2" xml:lang="en-US" id="label_ChargesMember_2">Charges [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChargesMember" xlink:to="label_ChargesMember_2" xlink:title="Label : ChargesMember to label_ChargesMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ForeignLoanOneMember" xlink:label="ForeignLoanOneMember" xlink:title="ForeignLoanOneMember" />
    <link:label xlink:type="resource" xlink:label="label_ForeignLoanOneMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ForeignLoanOneMember" xml:lang="en-US" id="label_ForeignLoanOneMember">This member stands for the information pertaining to foreign loan one.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignLoanOneMember" xlink:to="label_ForeignLoanOneMember" xlink:title="Label : ForeignLoanOneMember to label_ForeignLoanOneMember" />
    <link:label xlink:type="resource" xlink:label="label_ForeignLoanOneMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ForeignLoanOneMember_1" xml:lang="en-US" id="label_ForeignLoanOneMember_1">Foreign loan one [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignLoanOneMember" xlink:to="label_ForeignLoanOneMember_1" xlink:title="Label : ForeignLoanOneMember to label_ForeignLoanOneMember_1" />
    <link:label xlink:type="resource" xlink:label="label_ForeignLoanOneMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ForeignLoanOneMember_2" xml:lang="en-US" id="label_ForeignLoanOneMember_2">Foreign loan one [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignLoanOneMember" xlink:to="label_ForeignLoanOneMember_2" xlink:title="Label : ForeignLoanOneMember to label_ForeignLoanOneMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ForeignLoanTwoMember" xlink:label="ForeignLoanTwoMember" xlink:title="ForeignLoanTwoMember" />
    <link:label xlink:type="resource" xlink:label="label_ForeignLoanTwoMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ForeignLoanTwoMember" xml:lang="en-US" id="label_ForeignLoanTwoMember">This member stands for the information pertaining to foreign loan two.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignLoanTwoMember" xlink:to="label_ForeignLoanTwoMember" xlink:title="Label : ForeignLoanTwoMember to label_ForeignLoanTwoMember" />
    <link:label xlink:type="resource" xlink:label="label_ForeignLoanTwoMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ForeignLoanTwoMember_1" xml:lang="en-US" id="label_ForeignLoanTwoMember_1">Foreign loan two [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignLoanTwoMember" xlink:to="label_ForeignLoanTwoMember_1" xlink:title="Label : ForeignLoanTwoMember to label_ForeignLoanTwoMember_1" />
    <link:label xlink:type="resource" xlink:label="label_ForeignLoanTwoMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ForeignLoanTwoMember_2" xml:lang="en-US" id="label_ForeignLoanTwoMember_2">Foreign loan two [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignLoanTwoMember" xlink:to="label_ForeignLoanTwoMember_2" xlink:title="Label : ForeignLoanTwoMember to label_ForeignLoanTwoMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ForeignLoanThreeMember" xlink:label="ForeignLoanThreeMember" xlink:title="ForeignLoanThreeMember" />
    <link:label xlink:type="resource" xlink:label="label_ForeignLoanThreeMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ForeignLoanThreeMember" xml:lang="en-US" id="label_ForeignLoanThreeMember">This member stands for the information pertaining to foreign loan three.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignLoanThreeMember" xlink:to="label_ForeignLoanThreeMember" xlink:title="Label : ForeignLoanThreeMember to label_ForeignLoanThreeMember" />
    <link:label xlink:type="resource" xlink:label="label_ForeignLoanThreeMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ForeignLoanThreeMember_1" xml:lang="en-US" id="label_ForeignLoanThreeMember_1">Foreign loan three [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignLoanThreeMember" xlink:to="label_ForeignLoanThreeMember_1" xlink:title="Label : ForeignLoanThreeMember to label_ForeignLoanThreeMember_1" />
    <link:label xlink:type="resource" xlink:label="label_ForeignLoanThreeMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ForeignLoanThreeMember_2" xml:lang="en-US" id="label_ForeignLoanThreeMember_2">Foreign loan three [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignLoanThreeMember" xlink:to="label_ForeignLoanThreeMember_2" xlink:title="Label : ForeignLoanThreeMember to label_ForeignLoanThreeMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ForeignLoanFourMember" xlink:label="ForeignLoanFourMember" xlink:title="ForeignLoanFourMember" />
    <link:label xlink:type="resource" xlink:label="label_ForeignLoanFourMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ForeignLoanFourMember" xml:lang="en-US" id="label_ForeignLoanFourMember">This member stands for the information pertaining to foreign loan four.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignLoanFourMember" xlink:to="label_ForeignLoanFourMember" xlink:title="Label : ForeignLoanFourMember to label_ForeignLoanFourMember" />
    <link:label xlink:type="resource" xlink:label="label_ForeignLoanFourMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ForeignLoanFourMember_1" xml:lang="en-US" id="label_ForeignLoanFourMember_1">Foreign loan four [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignLoanFourMember" xlink:to="label_ForeignLoanFourMember_1" xlink:title="Label : ForeignLoanFourMember to label_ForeignLoanFourMember_1" />
    <link:label xlink:type="resource" xlink:label="label_ForeignLoanFourMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ForeignLoanFourMember_2" xml:lang="en-US" id="label_ForeignLoanFourMember_2">Foreign loan four [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignLoanFourMember" xlink:to="label_ForeignLoanFourMember_2" xlink:title="Label : ForeignLoanFourMember to label_ForeignLoanFourMember_2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2021/elts/srt-2021-01-31.xsd#srt_ConsolidatedEntitiesAxis" xlink:label="ConsolidatedEntitiesAxis" xlink:title="ConsolidatedEntitiesAxis" />
    <link:label xlink:type="resource" xlink:label="label_ConsolidatedEntitiesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ConsolidatedEntitiesAxis" xml:lang="en-US" id="label_ConsolidatedEntitiesAxis">Consolidated Entities [Axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConsolidatedEntitiesAxis" xlink:to="label_ConsolidatedEntitiesAxis" xlink:title="Label : ConsolidatedEntitiesAxis to label_ConsolidatedEntitiesAxis" />
    <link:label xlink:type="resource" xlink:label="label_ConsolidatedEntitiesAxis_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ConsolidatedEntitiesAxis_1" xml:lang="en-US" id="label_ConsolidatedEntitiesAxis_1">Consolidated Entities [Axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConsolidatedEntitiesAxis" xlink:to="label_ConsolidatedEntitiesAxis_1" xlink:title="Label : ConsolidatedEntitiesAxis to label_ConsolidatedEntitiesAxis_1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2021/elts/srt-2021-01-31.xsd#srt_ConsolidatedEntitiesDomain" xlink:label="ConsolidatedEntitiesDomain" xlink:title="ConsolidatedEntitiesDomain" />
    <link:label xlink:type="resource" xlink:label="label_ConsolidatedEntitiesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ConsolidatedEntitiesDomain" xml:lang="en-US" id="label_ConsolidatedEntitiesDomain">Consolidated Entities [Domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConsolidatedEntitiesDomain" xlink:to="label_ConsolidatedEntitiesDomain" xlink:title="Label : ConsolidatedEntitiesDomain to label_ConsolidatedEntitiesDomain" />
    <link:label xlink:type="resource" xlink:label="label_ConsolidatedEntitiesDomain_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ConsolidatedEntitiesDomain_1" xml:lang="en-US" id="label_ConsolidatedEntitiesDomain_1">Consolidated Entities [Domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConsolidatedEntitiesDomain" xlink:to="label_ConsolidatedEntitiesDomain_1" xlink:title="Label : ConsolidatedEntitiesDomain to label_ConsolidatedEntitiesDomain_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_MaturitySixMember" xlink:label="MaturitySixMember" xlink:title="MaturitySixMember" />
    <link:label xlink:type="resource" xlink:label="label_MaturitySixMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_MaturitySixMember" xml:lang="en-US" id="label_MaturitySixMember">This member stands for the information pertaining to maturity six.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaturitySixMember" xlink:to="label_MaturitySixMember" xlink:title="Label : MaturitySixMember to label_MaturitySixMember" />
    <link:label xlink:type="resource" xlink:label="label_MaturitySixMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_MaturitySixMember_1" xml:lang="en-US" id="label_MaturitySixMember_1">Maturity in May 2021 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaturitySixMember" xlink:to="label_MaturitySixMember_1" xlink:title="Label : MaturitySixMember to label_MaturitySixMember_1" />
    <link:label xlink:type="resource" xlink:label="label_MaturitySixMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MaturitySixMember_2" xml:lang="en-US" id="label_MaturitySixMember_2">Maturity Six [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaturitySixMember" xlink:to="label_MaturitySixMember_2" xlink:title="Label : MaturitySixMember to label_MaturitySixMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_MaturitySevenMember" xlink:label="MaturitySevenMember" xlink:title="MaturitySevenMember" />
    <link:label xlink:type="resource" xlink:label="label_MaturitySevenMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_MaturitySevenMember" xml:lang="en-US" id="label_MaturitySevenMember">This member stands for the information pertaining to maturity seven.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaturitySevenMember" xlink:to="label_MaturitySevenMember" xlink:title="Label : MaturitySevenMember to label_MaturitySevenMember" />
    <link:label xlink:type="resource" xlink:label="label_MaturitySevenMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_MaturitySevenMember_1" xml:lang="en-US" id="label_MaturitySevenMember_1">Maturity in May 2022 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaturitySevenMember" xlink:to="label_MaturitySevenMember_1" xlink:title="Label : MaturitySevenMember to label_MaturitySevenMember_1" />
    <link:label xlink:type="resource" xlink:label="label_MaturitySevenMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MaturitySevenMember_2" xml:lang="en-US" id="label_MaturitySevenMember_2">Maturity Seven [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaturitySevenMember" xlink:to="label_MaturitySevenMember_2" xlink:title="Label : MaturitySevenMember to label_MaturitySevenMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_UnsecuredNotesPayableNotConvertibleIntoSharesMember" xlink:label="UnsecuredNotesPayableNotConvertibleIntoSharesMember" xlink:title="UnsecuredNotesPayableNotConvertibleIntoSharesMember" />
    <link:label xlink:type="resource" xlink:label="label_UnsecuredNotesPayableNotConvertibleIntoSharesMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_UnsecuredNotesPayableNotConvertibleIntoSharesMember" xml:lang="en-US" id="label_UnsecuredNotesPayableNotConvertibleIntoSharesMember">Notes [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UnsecuredNotesPayableNotConvertibleIntoSharesMember" xlink:to="label_UnsecuredNotesPayableNotConvertibleIntoSharesMember" xlink:title="Label : UnsecuredNotesPayableNotConvertibleIntoSharesMember to label_UnsecuredNotesPayableNotConvertibleIntoSharesMember" />
    <link:label xlink:type="resource" xlink:label="label_UnsecuredNotesPayableNotConvertibleIntoSharesMember_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_UnsecuredNotesPayableNotConvertibleIntoSharesMember_1" xml:lang="en-US" id="label_UnsecuredNotesPayableNotConvertibleIntoSharesMember_1">Unsecured Notes Payable Not Convertible Into Shares [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UnsecuredNotesPayableNotConvertibleIntoSharesMember" xlink:to="label_UnsecuredNotesPayableNotConvertibleIntoSharesMember_1" xlink:title="Label : UnsecuredNotesPayableNotConvertibleIntoSharesMember to label_UnsecuredNotesPayableNotConvertibleIntoSharesMember_1" />
    <link:label xlink:type="resource" xlink:label="label_UnsecuredNotesPayableNotConvertibleIntoSharesMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_UnsecuredNotesPayableNotConvertibleIntoSharesMember_2" xml:lang="en-US" id="label_UnsecuredNotesPayableNotConvertibleIntoSharesMember_2">This member stands for the information pertaining to unsecured notes payable not convertible into shares.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UnsecuredNotesPayableNotConvertibleIntoSharesMember" xlink:to="label_UnsecuredNotesPayableNotConvertibleIntoSharesMember_2" xlink:title="Label : UnsecuredNotesPayableNotConvertibleIntoSharesMember to label_UnsecuredNotesPayableNotConvertibleIntoSharesMember_2" />
    <link:label xlink:type="resource" xlink:label="label_UnsecuredNotesPayableNotConvertibleIntoSharesMember_3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_UnsecuredNotesPayableNotConvertibleIntoSharesMember_3" xml:lang="en-US" id="label_UnsecuredNotesPayableNotConvertibleIntoSharesMember_3">Unsecured notes payable not convertible into shares [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UnsecuredNotesPayableNotConvertibleIntoSharesMember" xlink:to="label_UnsecuredNotesPayableNotConvertibleIntoSharesMember_3" xlink:title="Label : UnsecuredNotesPayableNotConvertibleIntoSharesMember to label_UnsecuredNotesPayableNotConvertibleIntoSharesMember_3" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt6thApril2021Member" xlink:label="UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt6thApril2021Member" xlink:title="UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt6thApril2021Member" />
    <link:label xlink:type="resource" xlink:label="label_UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt6thApril2021Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt6thApril2021Member" xml:lang="en-US" id="label_UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt6thApril2021Member">Unsecured Commercial Notes Payable Not Convertible Into Shares Maturity at 6th April 2021 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt6thApril2021Member" xlink:to="label_UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt6thApril2021Member" xlink:title="Label : UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt6thApril2021Member to label_UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt6thApril2021Member" />
    <link:label xlink:type="resource" xlink:label="label_UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt6thApril2021Member_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt6thApril2021Member_1" xml:lang="en-US" id="label_UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt6thApril2021Member_1">This member stands for the information pertaining to unsecured commercial notes payable not convertible into shares, maturity at April 6, 2021.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt6thApril2021Member" xlink:to="label_UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt6thApril2021Member_1" xlink:title="Label : UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt6thApril2021Member to label_UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt6thApril2021Member_1" />
    <link:label xlink:type="resource" xlink:label="label_UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt6thApril2021Member_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt6thApril2021Member_2" xml:lang="en-US" id="label_UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt6thApril2021Member_2">Unsecured commercial notes payable not convertible into shares, maturity at 6th April, 2021 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt6thApril2021Member" xlink:to="label_UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt6thApril2021Member_2" xlink:title="Label : UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt6thApril2021Member to label_UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt6thApril2021Member_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt3rdApril2021Member" xlink:label="UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt3rdApril2021Member" xlink:title="UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt3rdApril2021Member" />
    <link:label xlink:type="resource" xlink:label="label_UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt3rdApril2021Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt3rdApril2021Member" xml:lang="en-US" id="label_UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt3rdApril2021Member">Unsecured Commercial Notes Payable Not Convertible Into Shares Maturity at 3rd April 2021 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt3rdApril2021Member" xlink:to="label_UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt3rdApril2021Member" xlink:title="Label : UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt3rdApril2021Member to label_UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt3rdApril2021Member" />
    <link:label xlink:type="resource" xlink:label="label_UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt3rdApril2021Member_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt3rdApril2021Member_1" xml:lang="en-US" id="label_UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt3rdApril2021Member_1">This member stands for the information pertaining to unsecured commercial notes payable not convertible into shares, maturity at April 3, 2021.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt3rdApril2021Member" xlink:to="label_UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt3rdApril2021Member_1" xlink:title="Label : UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt3rdApril2021Member to label_UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt3rdApril2021Member_1" />
    <link:label xlink:type="resource" xlink:label="label_UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt3rdApril2021Member_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt3rdApril2021Member_2" xml:lang="en-US" id="label_UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt3rdApril2021Member_2">Unsecured commercial notes payable not convertible into shares, maturity at 3rd April, 2021 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt3rdApril2021Member" xlink:to="label_UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt3rdApril2021Member_2" xlink:title="Label : UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt3rdApril2021Member to label_UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt3rdApril2021Member_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NumberOfDebtInstrumentsIssued" xlink:label="NumberOfDebtInstrumentsIssued" xlink:title="NumberOfDebtInstrumentsIssued" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfDebtInstrumentsIssued" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NumberOfDebtInstrumentsIssued" xml:lang="en-US" id="label_NumberOfDebtInstrumentsIssued">Number of Debt Instruments Issued</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfDebtInstrumentsIssued" xlink:to="label_NumberOfDebtInstrumentsIssued" xlink:title="Label : NumberOfDebtInstrumentsIssued to label_NumberOfDebtInstrumentsIssued" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfDebtInstrumentsIssued_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_NumberOfDebtInstrumentsIssued_1" xml:lang="en-US" id="label_NumberOfDebtInstrumentsIssued_1">The number of debt instruments issued in public market during period.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfDebtInstrumentsIssued" xlink:to="label_NumberOfDebtInstrumentsIssued_1" xlink:title="Label : NumberOfDebtInstrumentsIssued to label_NumberOfDebtInstrumentsIssued_1" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfDebtInstrumentsIssued_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NumberOfDebtInstrumentsIssued_2" xml:lang="en-US" id="label_NumberOfDebtInstrumentsIssued_2">Number of debt instruments issued</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfDebtInstrumentsIssued" xlink:to="label_NumberOfDebtInstrumentsIssued_2" xlink:title="Label : NumberOfDebtInstrumentsIssued to label_NumberOfDebtInstrumentsIssued_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DescriptionOfPaymentOfFaceValueOfBorrowings" xlink:label="DescriptionOfPaymentOfFaceValueOfBorrowings" xlink:title="DescriptionOfPaymentOfFaceValueOfBorrowings" />
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfPaymentOfFaceValueOfBorrowings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DescriptionOfPaymentOfFaceValueOfBorrowings" xml:lang="en-US" id="label_DescriptionOfPaymentOfFaceValueOfBorrowings">Description of Payment of Face Value of Borrowings</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfPaymentOfFaceValueOfBorrowings" xlink:to="label_DescriptionOfPaymentOfFaceValueOfBorrowings" xlink:title="Label : DescriptionOfPaymentOfFaceValueOfBorrowings to label_DescriptionOfPaymentOfFaceValueOfBorrowings" />
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfPaymentOfFaceValueOfBorrowings_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DescriptionOfPaymentOfFaceValueOfBorrowings_1" xml:lang="en-US" id="label_DescriptionOfPaymentOfFaceValueOfBorrowings_1">The description of payment of the face value of borrowings.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfPaymentOfFaceValueOfBorrowings" xlink:to="label_DescriptionOfPaymentOfFaceValueOfBorrowings_1" xlink:title="Label : DescriptionOfPaymentOfFaceValueOfBorrowings to label_DescriptionOfPaymentOfFaceValueOfBorrowings_1" />
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfPaymentOfFaceValueOfBorrowings_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DescriptionOfPaymentOfFaceValueOfBorrowings_2" xml:lang="en-US" id="label_DescriptionOfPaymentOfFaceValueOfBorrowings_2">Payment of the face value</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfPaymentOfFaceValueOfBorrowings" xlink:to="label_DescriptionOfPaymentOfFaceValueOfBorrowings_2" xlink:title="Label : DescriptionOfPaymentOfFaceValueOfBorrowings to label_DescriptionOfPaymentOfFaceValueOfBorrowings_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DescriptionOfPaymentOfInterestOfBorrowings" xlink:label="DescriptionOfPaymentOfInterestOfBorrowings" xlink:title="DescriptionOfPaymentOfInterestOfBorrowings" />
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfPaymentOfInterestOfBorrowings" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DescriptionOfPaymentOfInterestOfBorrowings" xml:lang="en-US" id="label_DescriptionOfPaymentOfInterestOfBorrowings">The description of payment of interest of borrowings.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfPaymentOfInterestOfBorrowings" xlink:to="label_DescriptionOfPaymentOfInterestOfBorrowings" xlink:title="Label : DescriptionOfPaymentOfInterestOfBorrowings to label_DescriptionOfPaymentOfInterestOfBorrowings" />
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfPaymentOfInterestOfBorrowings_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DescriptionOfPaymentOfInterestOfBorrowings_1" xml:lang="en-US" id="label_DescriptionOfPaymentOfInterestOfBorrowings_1">Description of Payment of Interest of Borrowings</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfPaymentOfInterestOfBorrowings" xlink:to="label_DescriptionOfPaymentOfInterestOfBorrowings_1" xlink:title="Label : DescriptionOfPaymentOfInterestOfBorrowings to label_DescriptionOfPaymentOfInterestOfBorrowings_1" />
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfPaymentOfInterestOfBorrowings_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DescriptionOfPaymentOfInterestOfBorrowings_2" xml:lang="en-US" id="label_DescriptionOfPaymentOfInterestOfBorrowings_2">Payment of interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfPaymentOfInterestOfBorrowings" xlink:to="label_DescriptionOfPaymentOfInterestOfBorrowings_2" xlink:title="Label : DescriptionOfPaymentOfInterestOfBorrowings to label_DescriptionOfPaymentOfInterestOfBorrowings_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DescriptionOfBorrowingsReprice" xlink:label="DescriptionOfBorrowingsReprice" xlink:title="DescriptionOfBorrowingsReprice" />
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfBorrowingsReprice" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DescriptionOfBorrowingsReprice" xml:lang="en-US" id="label_DescriptionOfBorrowingsReprice">Description of Borrowings Reprice</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfBorrowingsReprice" xlink:to="label_DescriptionOfBorrowingsReprice" xlink:title="Label : DescriptionOfBorrowingsReprice to label_DescriptionOfBorrowingsReprice" />
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfBorrowingsReprice_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DescriptionOfBorrowingsReprice_1" xml:lang="en-US" id="label_DescriptionOfBorrowingsReprice_1">Reprice</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfBorrowingsReprice" xlink:to="label_DescriptionOfBorrowingsReprice_1" xlink:title="Label : DescriptionOfBorrowingsReprice to label_DescriptionOfBorrowingsReprice_1" />
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfBorrowingsReprice_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DescriptionOfBorrowingsReprice_2" xml:lang="en-US" id="label_DescriptionOfBorrowingsReprice_2">The description of reprice of borrowings.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfBorrowingsReprice" xlink:to="label_DescriptionOfBorrowingsReprice_2" xlink:title="Label : DescriptionOfBorrowingsReprice to label_DescriptionOfBorrowingsReprice_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DebenturesMember" xlink:label="DebenturesMember" xlink:title="DebenturesMember" />
    <link:label xlink:type="resource" xlink:label="label_DebenturesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DebenturesMember" xml:lang="en-US" id="label_DebenturesMember">This member stands for the information pertaining to debentures.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebenturesMember" xlink:to="label_DebenturesMember" xlink:title="Label : DebenturesMember to label_DebenturesMember" />
    <link:label xlink:type="resource" xlink:label="label_DebenturesMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DebenturesMember_1" xml:lang="en-US" id="label_DebenturesMember_1">Debentures [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebenturesMember" xlink:to="label_DebenturesMember_1" xlink:title="Label : DebenturesMember to label_DebenturesMember_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NotesInForeignMarketMember" xlink:label="NotesInForeignMarketMember" xlink:title="NotesInForeignMarketMember" />
    <link:label xlink:type="resource" xlink:label="label_NotesInForeignMarketMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NotesInForeignMarketMember" xml:lang="en-US" id="label_NotesInForeignMarketMember">Notes in foreign market [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotesInForeignMarketMember" xlink:to="label_NotesInForeignMarketMember" xlink:title="Label : NotesInForeignMarketMember to label_NotesInForeignMarketMember" />
    <link:label xlink:type="resource" xlink:label="label_NotesInForeignMarketMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NotesInForeignMarketMember_1" xml:lang="en-US" id="label_NotesInForeignMarketMember_1">Notes in foreign market [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotesInForeignMarketMember" xlink:to="label_NotesInForeignMarketMember_1" xlink:title="Label : NotesInForeignMarketMember to label_NotesInForeignMarketMember_1" />
    <link:label xlink:type="resource" xlink:label="label_NotesInForeignMarketMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_NotesInForeignMarketMember_2" xml:lang="en-US" id="label_NotesInForeignMarketMember_2">This member stands for the information pertaining to notes in foreign market.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotesInForeignMarketMember" xlink:to="label_NotesInForeignMarketMember_2" xlink:title="Label : NotesInForeignMarketMember to label_NotesInForeignMarketMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_BancoDoBrasilMember" xlink:label="BancoDoBrasilMember" xlink:title="BancoDoBrasilMember" />
    <link:label xlink:type="resource" xlink:label="label_BancoDoBrasilMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_BancoDoBrasilMember" xml:lang="en-US" id="label_BancoDoBrasilMember">Banco Do Brasil [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BancoDoBrasilMember" xlink:to="label_BancoDoBrasilMember" xlink:title="Label : BancoDoBrasilMember to label_BancoDoBrasilMember" />
    <link:label xlink:type="resource" xlink:label="label_BancoDoBrasilMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_BancoDoBrasilMember_1" xml:lang="en-US" id="label_BancoDoBrasilMember_1">Banco do Brasil [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BancoDoBrasilMember" xlink:to="label_BancoDoBrasilMember_1" xlink:title="Label : BancoDoBrasilMember to label_BancoDoBrasilMember_1" />
    <link:label xlink:type="resource" xlink:label="label_BancoDoBrasilMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_BancoDoBrasilMember_2" xml:lang="en-US" id="label_BancoDoBrasilMember_2">This member stands for the information pertaining to Banco do Brasil.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BancoDoBrasilMember" xlink:to="label_BancoDoBrasilMember_2" xlink:title="Label : BancoDoBrasilMember to label_BancoDoBrasilMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_OtherTransactionCostsMember" xlink:label="OtherTransactionCostsMember" xlink:title="OtherTransactionCostsMember" />
    <link:label xlink:type="resource" xlink:label="label_OtherTransactionCostsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_OtherTransactionCostsMember" xml:lang="en-US" id="label_OtherTransactionCostsMember">This member stands for the information pertaining to other transaction costs.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherTransactionCostsMember" xlink:to="label_OtherTransactionCostsMember" xlink:title="Label : OtherTransactionCostsMember to label_OtherTransactionCostsMember" />
    <link:label xlink:type="resource" xlink:label="label_OtherTransactionCostsMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherTransactionCostsMember_1" xml:lang="en-US" id="label_OtherTransactionCostsMember_1">Othes [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherTransactionCostsMember" xlink:to="label_OtherTransactionCostsMember_1" xlink:title="Label : OtherTransactionCostsMember to label_OtherTransactionCostsMember_1" />
    <link:label xlink:type="resource" xlink:label="label_OtherTransactionCostsMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherTransactionCostsMember_2" xml:lang="en-US" id="label_OtherTransactionCostsMember_2">Other transaction costs [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherTransactionCostsMember" xlink:to="label_OtherTransactionCostsMember_2" xlink:title="Label : OtherTransactionCostsMember to label_OtherTransactionCostsMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_EffectiveRateOfTransactionCosts" xlink:label="EffectiveRateOfTransactionCosts" xlink:title="EffectiveRateOfTransactionCosts" />
    <link:label xlink:type="resource" xlink:label="label_EffectiveRateOfTransactionCosts" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_EffectiveRateOfTransactionCosts" xml:lang="en-US" id="label_EffectiveRateOfTransactionCosts">Effective rate of transaction costs</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EffectiveRateOfTransactionCosts" xlink:to="label_EffectiveRateOfTransactionCosts" xlink:title="Label : EffectiveRateOfTransactionCosts to label_EffectiveRateOfTransactionCosts" />
    <link:label xlink:type="resource" xlink:label="label_EffectiveRateOfTransactionCosts_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EffectiveRateOfTransactionCosts_1" xml:lang="en-US" id="label_EffectiveRateOfTransactionCosts_1">Effective rate of transaction costs</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EffectiveRateOfTransactionCosts" xlink:to="label_EffectiveRateOfTransactionCosts_1" xlink:title="Label : EffectiveRateOfTransactionCosts to label_EffectiveRateOfTransactionCosts_1" />
    <link:label xlink:type="resource" xlink:label="label_EffectiveRateOfTransactionCosts_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_EffectiveRateOfTransactionCosts_2" xml:lang="en-US" id="label_EffectiveRateOfTransactionCosts_2">The percentage of effective rate of transaction costs.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EffectiveRateOfTransactionCosts" xlink:to="label_EffectiveRateOfTransactionCosts_2" xlink:title="Label : EffectiveRateOfTransactionCosts to label_EffectiveRateOfTransactionCosts_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_TransactionCostsFinancialInstruments" xlink:label="TransactionCostsFinancialInstruments" xlink:title="TransactionCostsFinancialInstruments" />
    <link:label xlink:type="resource" xlink:label="label_TransactionCostsFinancialInstruments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TransactionCostsFinancialInstruments" xml:lang="en-US" id="label_TransactionCostsFinancialInstruments">Transaction costs financial instruments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TransactionCostsFinancialInstruments" xlink:to="label_TransactionCostsFinancialInstruments" xlink:title="Label : TransactionCostsFinancialInstruments to label_TransactionCostsFinancialInstruments" />
    <link:label xlink:type="resource" xlink:label="label_TransactionCostsFinancialInstruments_1" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:title="label_TransactionCostsFinancialInstruments_1" xml:lang="en-US" id="label_TransactionCostsFinancialInstruments_1">Transaction costs, beginning</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TransactionCostsFinancialInstruments" xlink:to="label_TransactionCostsFinancialInstruments_1" xlink:title="Label : TransactionCostsFinancialInstruments to label_TransactionCostsFinancialInstruments_1" />
    <link:label xlink:type="resource" xlink:label="label_TransactionCostsFinancialInstruments_2" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:title="label_TransactionCostsFinancialInstruments_2" xml:lang="en-US" id="label_TransactionCostsFinancialInstruments_2">Transaction costs, ending</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TransactionCostsFinancialInstruments" xlink:to="label_TransactionCostsFinancialInstruments_2" xlink:title="Label : TransactionCostsFinancialInstruments to label_TransactionCostsFinancialInstruments_2" />
    <link:label xlink:type="resource" xlink:label="label_TransactionCostsFinancialInstruments_3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_TransactionCostsFinancialInstruments_3" xml:lang="en-US" id="label_TransactionCostsFinancialInstruments_3">The amount of accrued transaction costs of financial instruments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TransactionCostsFinancialInstruments" xlink:to="label_TransactionCostsFinancialInstruments_3" xlink:title="Label : TransactionCostsFinancialInstruments to label_TransactionCostsFinancialInstruments_3" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_IncurredTransactionCost" xlink:label="IncurredTransactionCost" xlink:title="IncurredTransactionCost" />
    <link:label xlink:type="resource" xlink:label="label_IncurredTransactionCost" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_IncurredTransactionCost" xml:lang="en-US" id="label_IncurredTransactionCost">The amount of incurred transaction costs of financial instruments during the reporting period.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncurredTransactionCost" xlink:to="label_IncurredTransactionCost" xlink:title="Label : IncurredTransactionCost to label_IncurredTransactionCost" />
    <link:label xlink:type="resource" xlink:label="label_IncurredTransactionCost_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IncurredTransactionCost_1" xml:lang="en-US" id="label_IncurredTransactionCost_1">Incurred cost</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncurredTransactionCost" xlink:to="label_IncurredTransactionCost_1" xlink:title="Label : IncurredTransactionCost to label_IncurredTransactionCost_1" />
    <link:label xlink:type="resource" xlink:label="label_IncurredTransactionCost_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncurredTransactionCost_2" xml:lang="en-US" id="label_IncurredTransactionCost_2">Incurred transaction cost</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncurredTransactionCost" xlink:to="label_IncurredTransactionCost_2" xlink:title="Label : IncurredTransactionCost to label_IncurredTransactionCost_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_TransactionCostAmortization" xlink:label="TransactionCostAmortization" xlink:title="TransactionCostAmortization" />
    <link:label xlink:type="resource" xlink:label="label_TransactionCostAmortization" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_TransactionCostAmortization" xml:lang="en-US" id="label_TransactionCostAmortization">The amount of amortization of transaction costs of financial instruments during the reporting period.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TransactionCostAmortization" xlink:to="label_TransactionCostAmortization" xlink:title="Label : TransactionCostAmortization to label_TransactionCostAmortization" />
    <link:label xlink:type="resource" xlink:label="label_TransactionCostAmortization_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_TransactionCostAmortization_1" xml:lang="en-US" id="label_TransactionCostAmortization_1">Amortization</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TransactionCostAmortization" xlink:to="label_TransactionCostAmortization_1" xlink:title="Label : TransactionCostAmortization to label_TransactionCostAmortization_1" />
    <link:label xlink:type="resource" xlink:label="label_TransactionCostAmortization_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TransactionCostAmortization_2" xml:lang="en-US" id="label_TransactionCostAmortization_2">Transaction cost amortization</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TransactionCostAmortization" xlink:to="label_TransactionCostAmortization_2" xlink:title="Label : TransactionCostAmortization to label_TransactionCostAmortization_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AmountAppropriatedToProfitOrLossInFuture" xlink:label="AmountAppropriatedToProfitOrLossInFuture" xlink:title="AmountAppropriatedToProfitOrLossInFuture" />
    <link:label xlink:type="resource" xlink:label="label_AmountAppropriatedToProfitOrLossInFuture" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AmountAppropriatedToProfitOrLossInFuture" xml:lang="en-US" id="label_AmountAppropriatedToProfitOrLossInFuture">Amount appropriated to profit or loss in future</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmountAppropriatedToProfitOrLossInFuture" xlink:to="label_AmountAppropriatedToProfitOrLossInFuture" xlink:title="Label : AmountAppropriatedToProfitOrLossInFuture to label_AmountAppropriatedToProfitOrLossInFuture" />
    <link:label xlink:type="resource" xlink:label="label_AmountAppropriatedToProfitOrLossInFuture_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AmountAppropriatedToProfitOrLossInFuture_1" xml:lang="en-US" id="label_AmountAppropriatedToProfitOrLossInFuture_1">Amount appropriated to profit or loss in the future</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmountAppropriatedToProfitOrLossInFuture" xlink:to="label_AmountAppropriatedToProfitOrLossInFuture_1" xlink:title="Label : AmountAppropriatedToProfitOrLossInFuture to label_AmountAppropriatedToProfitOrLossInFuture_1" />
    <link:label xlink:type="resource" xlink:label="label_AmountAppropriatedToProfitOrLossInFuture_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AmountAppropriatedToProfitOrLossInFuture_2" xml:lang="en-US" id="label_AmountAppropriatedToProfitOrLossInFuture_2">Amount appropriated to profit or loss in the future.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmountAppropriatedToProfitOrLossInFuture" xlink:to="label_AmountAppropriatedToProfitOrLossInFuture_2" xlink:title="Label : AmountAppropriatedToProfitOrLossInFuture to label_AmountAppropriatedToProfitOrLossInFuture_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_OxitenoMember" xlink:label="OxitenoMember" xlink:title="OxitenoMember" />
    <link:label xlink:type="resource" xlink:label="label_OxitenoMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_OxitenoMember" xml:lang="en-US" id="label_OxitenoMember">This member stands for the information pertaining to Oxiteno.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OxitenoMember" xlink:to="label_OxitenoMember" xlink:title="Label : OxitenoMember to label_OxitenoMember" />
    <link:label xlink:type="resource" xlink:label="label_OxitenoMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OxitenoMember_1" xml:lang="en-US" id="label_OxitenoMember_1">Oxiteno [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OxitenoMember" xlink:to="label_OxitenoMember_1" xlink:title="Label : OxitenoMember to label_OxitenoMember_1" />
    <link:label xlink:type="resource" xlink:label="label_OxitenoMember_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_OxitenoMember_2" xml:lang="en-US" id="label_OxitenoMember_2">Oxiteno [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OxitenoMember" xlink:to="label_OxitenoMember_2" xlink:title="Label : OxitenoMember to label_OxitenoMember_2" />
    <link:label xlink:type="resource" xlink:label="label_OxitenoMember_3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OxitenoMember_3" xml:lang="en-US" id="label_OxitenoMember_3">Oxiteno [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OxitenoMember" xlink:to="label_OxitenoMember_3" xlink:title="Label : OxitenoMember to label_OxitenoMember_3" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_MaximumPotentialAmountOfFuturePaymentsOnGuarantees" xlink:label="MaximumPotentialAmountOfFuturePaymentsOnGuarantees" xlink:title="MaximumPotentialAmountOfFuturePaymentsOnGuarantees" />
    <link:label xlink:type="resource" xlink:label="label_MaximumPotentialAmountOfFuturePaymentsOnGuarantees" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_MaximumPotentialAmountOfFuturePaymentsOnGuarantees" xml:lang="en-US" id="label_MaximumPotentialAmountOfFuturePaymentsOnGuarantees">The maximum potential amount of future payments on guarantee liabilities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaximumPotentialAmountOfFuturePaymentsOnGuarantees" xlink:to="label_MaximumPotentialAmountOfFuturePaymentsOnGuarantees" xlink:title="Label : MaximumPotentialAmountOfFuturePaymentsOnGuarantees to label_MaximumPotentialAmountOfFuturePaymentsOnGuarantees" />
    <link:label xlink:type="resource" xlink:label="label_MaximumPotentialAmountOfFuturePaymentsOnGuarantees_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_MaximumPotentialAmountOfFuturePaymentsOnGuarantees_1" xml:lang="en-US" id="label_MaximumPotentialAmountOfFuturePaymentsOnGuarantees_1">Maximum amount of future payments related to these collaterals</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaximumPotentialAmountOfFuturePaymentsOnGuarantees" xlink:to="label_MaximumPotentialAmountOfFuturePaymentsOnGuarantees_1" xlink:title="Label : MaximumPotentialAmountOfFuturePaymentsOnGuarantees to label_MaximumPotentialAmountOfFuturePaymentsOnGuarantees_1" />
    <link:label xlink:type="resource" xlink:label="label_MaximumPotentialAmountOfFuturePaymentsOnGuarantees_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MaximumPotentialAmountOfFuturePaymentsOnGuarantees_2" xml:lang="en-US" id="label_MaximumPotentialAmountOfFuturePaymentsOnGuarantees_2">Maximum potential amount of future payments on Guarantees</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaximumPotentialAmountOfFuturePaymentsOnGuarantees" xlink:to="label_MaximumPotentialAmountOfFuturePaymentsOnGuarantees_2" xlink:title="Label : MaximumPotentialAmountOfFuturePaymentsOnGuarantees to label_MaximumPotentialAmountOfFuturePaymentsOnGuarantees_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_CollateralFuturePaymentsMaturityPeriod" xlink:label="CollateralFuturePaymentsMaturityPeriod" xlink:title="CollateralFuturePaymentsMaturityPeriod" />
    <link:label xlink:type="resource" xlink:label="label_CollateralFuturePaymentsMaturityPeriod" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_CollateralFuturePaymentsMaturityPeriod" xml:lang="en-US" id="label_CollateralFuturePaymentsMaturityPeriod">The maturity period of future payments on collaterals.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CollateralFuturePaymentsMaturityPeriod" xlink:to="label_CollateralFuturePaymentsMaturityPeriod" xlink:title="Label : CollateralFuturePaymentsMaturityPeriod to label_CollateralFuturePaymentsMaturityPeriod" />
    <link:label xlink:type="resource" xlink:label="label_CollateralFuturePaymentsMaturityPeriod_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_CollateralFuturePaymentsMaturityPeriod_1" xml:lang="en-US" id="label_CollateralFuturePaymentsMaturityPeriod_1">Maturities of up to</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CollateralFuturePaymentsMaturityPeriod" xlink:to="label_CollateralFuturePaymentsMaturityPeriod_1" xlink:title="Label : CollateralFuturePaymentsMaturityPeriod to label_CollateralFuturePaymentsMaturityPeriod_1" />
    <link:label xlink:type="resource" xlink:label="label_CollateralFuturePaymentsMaturityPeriod_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CollateralFuturePaymentsMaturityPeriod_2" xml:lang="en-US" id="label_CollateralFuturePaymentsMaturityPeriod_2">Collateral Future Payments Maturity Period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CollateralFuturePaymentsMaturityPeriod" xlink:to="label_CollateralFuturePaymentsMaturityPeriod_2" xlink:title="Label : CollateralFuturePaymentsMaturityPeriod to label_CollateralFuturePaymentsMaturityPeriod_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_GuaranteeLiabilities" xlink:label="GuaranteeLiabilities" xlink:title="GuaranteeLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_GuaranteeLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_GuaranteeLiabilities" xml:lang="en-US" id="label_GuaranteeLiabilities">The amount of guarantee liabilities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GuaranteeLiabilities" xlink:to="label_GuaranteeLiabilities" xlink:title="Label : GuaranteeLiabilities to label_GuaranteeLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_GuaranteeLiabilities_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_GuaranteeLiabilities_1" xml:lang="en-US" id="label_GuaranteeLiabilities_1">Fair value of collaterals</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GuaranteeLiabilities" xlink:to="label_GuaranteeLiabilities_1" xlink:title="Label : GuaranteeLiabilities to label_GuaranteeLiabilities_1" />
    <link:label xlink:type="resource" xlink:label="label_GuaranteeLiabilities_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GuaranteeLiabilities_2" xml:lang="en-US" id="label_GuaranteeLiabilities_2">Guarantee liabilities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GuaranteeLiabilities" xlink:to="label_GuaranteeLiabilities_2" xlink:title="Label : GuaranteeLiabilities to label_GuaranteeLiabilities_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DisclosureOfPayablesTable" xlink:label="DisclosureOfPayablesTable" xlink:title="DisclosureOfPayablesTable" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfPayablesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfPayablesTable" xml:lang="en-US" id="label_DisclosureOfPayablesTable">Disclosure of Payables [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfPayablesTable" xlink:to="label_DisclosureOfPayablesTable" xlink:title="Label : DisclosureOfPayablesTable to label_DisclosureOfPayablesTable" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfPayablesTable_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DisclosureOfPayablesTable_1" xml:lang="en-US" id="label_DisclosureOfPayablesTable_1">Disclosure of Payables [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfPayablesTable" xlink:to="label_DisclosureOfPayablesTable_1" xlink:title="Label : DisclosureOfPayablesTable to label_DisclosureOfPayablesTable_1" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfPayablesTable_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DisclosureOfPayablesTable_2" xml:lang="en-US" id="label_DisclosureOfPayablesTable_2">Disclosure of payables.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfPayablesTable" xlink:to="label_DisclosureOfPayablesTable_2" xlink:title="Label : DisclosureOfPayablesTable to label_DisclosureOfPayablesTable_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_TradePayablesAxis" xlink:label="TradePayablesAxis" xlink:title="TradePayablesAxis" />
    <link:label xlink:type="resource" xlink:label="label_TradePayablesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TradePayablesAxis" xml:lang="en-US" id="label_TradePayablesAxis">Trade payables [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradePayablesAxis" xlink:to="label_TradePayablesAxis" xlink:title="Label : TradePayablesAxis to label_TradePayablesAxis" />
    <link:label xlink:type="resource" xlink:label="label_TradePayablesAxis_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TradePayablesAxis_1" xml:lang="en-US" id="label_TradePayablesAxis_1">Trade payables [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradePayablesAxis" xlink:to="label_TradePayablesAxis_1" xlink:title="Label : TradePayablesAxis to label_TradePayablesAxis_1" />
    <link:label xlink:type="resource" xlink:label="label_TradePayablesAxis_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_TradePayablesAxis_2" xml:lang="en-US" id="label_TradePayablesAxis_2">Trade payables [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradePayablesAxis" xlink:to="label_TradePayablesAxis_2" xlink:title="Label : TradePayablesAxis to label_TradePayablesAxis_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_TradePayablesDomain" xlink:label="TradePayablesDomain" xlink:title="TradePayablesDomain" />
    <link:label xlink:type="resource" xlink:label="label_TradePayablesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TradePayablesDomain" xml:lang="en-US" id="label_TradePayablesDomain">Trade payables [domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradePayablesDomain" xlink:to="label_TradePayablesDomain" xlink:title="Label : TradePayablesDomain to label_TradePayablesDomain" />
    <link:label xlink:type="resource" xlink:label="label_TradePayablesDomain_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TradePayablesDomain_1" xml:lang="en-US" id="label_TradePayablesDomain_1">Trade payables [domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradePayablesDomain" xlink:to="label_TradePayablesDomain_1" xlink:title="Label : TradePayablesDomain to label_TradePayablesDomain_1" />
    <link:label xlink:type="resource" xlink:label="label_TradePayablesDomain_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_TradePayablesDomain_2" xml:lang="en-US" id="label_TradePayablesDomain_2">Trade payables [domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradePayablesDomain" xlink:to="label_TradePayablesDomain_2" xlink:title="Label : TradePayablesDomain to label_TradePayablesDomain_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DomesticSuppliersMember" xlink:label="DomesticSuppliersMember" xlink:title="DomesticSuppliersMember" />
    <link:label xlink:type="resource" xlink:label="label_DomesticSuppliersMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DomesticSuppliersMember" xml:lang="en-US" id="label_DomesticSuppliersMember">This member stands for the information pertaining to domestic suppliers.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DomesticSuppliersMember" xlink:to="label_DomesticSuppliersMember" xlink:title="Label : DomesticSuppliersMember to label_DomesticSuppliersMember" />
    <link:label xlink:type="resource" xlink:label="label_DomesticSuppliersMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DomesticSuppliersMember_1" xml:lang="en-US" id="label_DomesticSuppliersMember_1">Domestic suppliers [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DomesticSuppliersMember" xlink:to="label_DomesticSuppliersMember_1" xlink:title="Label : DomesticSuppliersMember to label_DomesticSuppliersMember_1" />
    <link:label xlink:type="resource" xlink:label="label_DomesticSuppliersMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DomesticSuppliersMember_2" xml:lang="en-US" id="label_DomesticSuppliersMember_2">Domestic suppliers [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DomesticSuppliersMember" xlink:to="label_DomesticSuppliersMember_2" xlink:title="Label : DomesticSuppliersMember to label_DomesticSuppliersMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DomesticSuppliersReverseFactoringMember" xlink:label="DomesticSuppliersReverseFactoringMember" xlink:title="DomesticSuppliersReverseFactoringMember" />
    <link:label xlink:type="resource" xlink:label="label_DomesticSuppliersReverseFactoringMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DomesticSuppliersReverseFactoringMember" xml:lang="en-US" id="label_DomesticSuppliersReverseFactoringMember">This member stands for the information pertaining to domestic suppliers reverse factoring.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DomesticSuppliersReverseFactoringMember" xlink:to="label_DomesticSuppliersReverseFactoringMember" xlink:title="Label : DomesticSuppliersReverseFactoringMember to label_DomesticSuppliersReverseFactoringMember" />
    <link:label xlink:type="resource" xlink:label="label_DomesticSuppliersReverseFactoringMember_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_DomesticSuppliersReverseFactoringMember_1" xml:lang="en-US" id="label_DomesticSuppliersReverseFactoringMember_1">Domestic suppliers reverse factoring [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DomesticSuppliersReverseFactoringMember" xlink:to="label_DomesticSuppliersReverseFactoringMember_1" xlink:title="Label : DomesticSuppliersReverseFactoringMember to label_DomesticSuppliersReverseFactoringMember_1" />
    <link:label xlink:type="resource" xlink:label="label_DomesticSuppliersReverseFactoringMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DomesticSuppliersReverseFactoringMember_2" xml:lang="en-US" id="label_DomesticSuppliersReverseFactoringMember_2">Domestic Suppliers Reverse Factoring [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DomesticSuppliersReverseFactoringMember" xlink:to="label_DomesticSuppliersReverseFactoringMember_2" xlink:title="Label : DomesticSuppliersReverseFactoringMember to label_DomesticSuppliersReverseFactoringMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ForeignSuppliersMember" xlink:label="ForeignSuppliersMember" xlink:title="ForeignSuppliersMember" />
    <link:label xlink:type="resource" xlink:label="label_ForeignSuppliersMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ForeignSuppliersMember" xml:lang="en-US" id="label_ForeignSuppliersMember">This member stands for the information pertaining to foreign suppliers.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignSuppliersMember" xlink:to="label_ForeignSuppliersMember" xlink:title="Label : ForeignSuppliersMember to label_ForeignSuppliersMember" />
    <link:label xlink:type="resource" xlink:label="label_ForeignSuppliersMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ForeignSuppliersMember_1" xml:lang="en-US" id="label_ForeignSuppliersMember_1">Foreign suppliers [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignSuppliersMember" xlink:to="label_ForeignSuppliersMember_1" xlink:title="Label : ForeignSuppliersMember to label_ForeignSuppliersMember_1" />
    <link:label xlink:type="resource" xlink:label="label_ForeignSuppliersMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ForeignSuppliersMember_2" xml:lang="en-US" id="label_ForeignSuppliersMember_2">Foreign suppliers [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignSuppliersMember" xlink:to="label_ForeignSuppliersMember_2" xlink:title="Label : ForeignSuppliersMember to label_ForeignSuppliersMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ForeignSuppliersReverseFactoringMember" xlink:label="ForeignSuppliersReverseFactoringMember" xlink:title="ForeignSuppliersReverseFactoringMember" />
    <link:label xlink:type="resource" xlink:label="label_ForeignSuppliersReverseFactoringMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ForeignSuppliersReverseFactoringMember" xml:lang="en-US" id="label_ForeignSuppliersReverseFactoringMember">This member stands for the information pertaining to foreign suppliers reverse factoring.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignSuppliersReverseFactoringMember" xlink:to="label_ForeignSuppliersReverseFactoringMember" xlink:title="Label : ForeignSuppliersReverseFactoringMember to label_ForeignSuppliersReverseFactoringMember" />
    <link:label xlink:type="resource" xlink:label="label_ForeignSuppliersReverseFactoringMember_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_ForeignSuppliersReverseFactoringMember_1" xml:lang="en-US" id="label_ForeignSuppliersReverseFactoringMember_1">Foreign suppliers reverse factoring [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignSuppliersReverseFactoringMember" xlink:to="label_ForeignSuppliersReverseFactoringMember_1" xlink:title="Label : ForeignSuppliersReverseFactoringMember to label_ForeignSuppliersReverseFactoringMember_1" />
    <link:label xlink:type="resource" xlink:label="label_ForeignSuppliersReverseFactoringMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ForeignSuppliersReverseFactoringMember_2" xml:lang="en-US" id="label_ForeignSuppliersReverseFactoringMember_2">Foreign Suppliers Reverse Factoring [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignSuppliersReverseFactoringMember" xlink:to="label_ForeignSuppliersReverseFactoringMember_2" xlink:title="Label : ForeignSuppliersReverseFactoringMember to label_ForeignSuppliersReverseFactoringMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_SummaryOfTradePayablesLineItems" xlink:label="SummaryOfTradePayablesLineItems" xlink:title="SummaryOfTradePayablesLineItems" />
    <link:label xlink:type="resource" xlink:label="label_SummaryOfTradePayablesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SummaryOfTradePayablesLineItems" xml:lang="en-US" id="label_SummaryOfTradePayablesLineItems">Summary of trade payables [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SummaryOfTradePayablesLineItems" xlink:to="label_SummaryOfTradePayablesLineItems" xlink:title="Label : SummaryOfTradePayablesLineItems to label_SummaryOfTradePayablesLineItems" />
    <link:label xlink:type="resource" xlink:label="label_SummaryOfTradePayablesLineItems_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_SummaryOfTradePayablesLineItems_1" xml:lang="en-US" id="label_SummaryOfTradePayablesLineItems_1">Summary of trade payables [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SummaryOfTradePayablesLineItems" xlink:to="label_SummaryOfTradePayablesLineItems_1" xlink:title="Label : SummaryOfTradePayablesLineItems to label_SummaryOfTradePayablesLineItems_1" />
    <link:label xlink:type="resource" xlink:label="label_SummaryOfTradePayablesLineItems_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_SummaryOfTradePayablesLineItems_2" xml:lang="en-US" id="label_SummaryOfTradePayablesLineItems_2">Summary of trade payable.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SummaryOfTradePayablesLineItems" xlink:to="label_SummaryOfTradePayablesLineItems_2" xlink:title="Label : SummaryOfTradePayablesLineItems to label_SummaryOfTradePayablesLineItems_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ShortTermEmployeeBenefitsAccrualsForProvisionsOnSalaries" xlink:label="ShortTermEmployeeBenefitsAccrualsForProvisionsOnSalaries" xlink:title="ShortTermEmployeeBenefitsAccrualsForProvisionsOnSalaries" />
    <link:label xlink:type="resource" xlink:label="label_ShortTermEmployeeBenefitsAccrualsForProvisionsOnSalaries" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ShortTermEmployeeBenefitsAccrualsForProvisionsOnSalaries" xml:lang="en-US" id="label_ShortTermEmployeeBenefitsAccrualsForProvisionsOnSalaries">The amount of short-term accruals of employee benefits for provisions on salaries.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShortTermEmployeeBenefitsAccrualsForProvisionsOnSalaries" xlink:to="label_ShortTermEmployeeBenefitsAccrualsForProvisionsOnSalaries" xlink:title="Label : ShortTermEmployeeBenefitsAccrualsForProvisionsOnSalaries to label_ShortTermEmployeeBenefitsAccrualsForProvisionsOnSalaries" />
    <link:label xlink:type="resource" xlink:label="label_ShortTermEmployeeBenefitsAccrualsForProvisionsOnSalaries_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ShortTermEmployeeBenefitsAccrualsForProvisionsOnSalaries_1" xml:lang="en-US" id="label_ShortTermEmployeeBenefitsAccrualsForProvisionsOnSalaries_1">Short Term Employee Benefits Accruals for Provisions on Salaries</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShortTermEmployeeBenefitsAccrualsForProvisionsOnSalaries" xlink:to="label_ShortTermEmployeeBenefitsAccrualsForProvisionsOnSalaries_1" xlink:title="Label : ShortTermEmployeeBenefitsAccrualsForProvisionsOnSalaries to label_ShortTermEmployeeBenefitsAccrualsForProvisionsOnSalaries_1" />
    <link:label xlink:type="resource" xlink:label="label_ShortTermEmployeeBenefitsAccrualsForProvisionsOnSalaries_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ShortTermEmployeeBenefitsAccrualsForProvisionsOnSalaries_2" xml:lang="en-US" id="label_ShortTermEmployeeBenefitsAccrualsForProvisionsOnSalaries_2">Provisions on salaries</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShortTermEmployeeBenefitsAccrualsForProvisionsOnSalaries" xlink:to="label_ShortTermEmployeeBenefitsAccrualsForProvisionsOnSalaries_2" xlink:title="Label : ShortTermEmployeeBenefitsAccrualsForProvisionsOnSalaries to label_ShortTermEmployeeBenefitsAccrualsForProvisionsOnSalaries_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ShortTermEmployeeBenefitsAccrualsForProfitSharingBonusAndPremium" xlink:label="ShortTermEmployeeBenefitsAccrualsForProfitSharingBonusAndPremium" xlink:title="ShortTermEmployeeBenefitsAccrualsForProfitSharingBonusAndPremium" />
    <link:label xlink:type="resource" xlink:label="label_ShortTermEmployeeBenefitsAccrualsForProfitSharingBonusAndPremium" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ShortTermEmployeeBenefitsAccrualsForProfitSharingBonusAndPremium" xml:lang="en-US" id="label_ShortTermEmployeeBenefitsAccrualsForProfitSharingBonusAndPremium">Short Term Employee Benefits Accruals for Profit Sharing Bonus and Premium</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShortTermEmployeeBenefitsAccrualsForProfitSharingBonusAndPremium" xlink:to="label_ShortTermEmployeeBenefitsAccrualsForProfitSharingBonusAndPremium" xlink:title="Label : ShortTermEmployeeBenefitsAccrualsForProfitSharingBonusAndPremium to label_ShortTermEmployeeBenefitsAccrualsForProfitSharingBonusAndPremium" />
    <link:label xlink:type="resource" xlink:label="label_ShortTermEmployeeBenefitsAccrualsForProfitSharingBonusAndPremium_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ShortTermEmployeeBenefitsAccrualsForProfitSharingBonusAndPremium_1" xml:lang="en-US" id="label_ShortTermEmployeeBenefitsAccrualsForProfitSharingBonusAndPremium_1">Profit sharing, bonus and premium</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShortTermEmployeeBenefitsAccrualsForProfitSharingBonusAndPremium" xlink:to="label_ShortTermEmployeeBenefitsAccrualsForProfitSharingBonusAndPremium_1" xlink:title="Label : ShortTermEmployeeBenefitsAccrualsForProfitSharingBonusAndPremium to label_ShortTermEmployeeBenefitsAccrualsForProfitSharingBonusAndPremium_1" />
    <link:label xlink:type="resource" xlink:label="label_ShortTermEmployeeBenefitsAccrualsForProfitSharingBonusAndPremium_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ShortTermEmployeeBenefitsAccrualsForProfitSharingBonusAndPremium_2" xml:lang="en-US" id="label_ShortTermEmployeeBenefitsAccrualsForProfitSharingBonusAndPremium_2">The amount of short-term accruals of employee benefits for profit sharing, bonus and premium.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShortTermEmployeeBenefitsAccrualsForProfitSharingBonusAndPremium" xlink:to="label_ShortTermEmployeeBenefitsAccrualsForProfitSharingBonusAndPremium_2" xlink:title="Label : ShortTermEmployeeBenefitsAccrualsForProfitSharingBonusAndPremium to label_ShortTermEmployeeBenefitsAccrualsForProfitSharingBonusAndPremium_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ShortTermEmployeeBenefitsAccrualsForSocialCharges" xlink:label="ShortTermEmployeeBenefitsAccrualsForSocialCharges" xlink:title="ShortTermEmployeeBenefitsAccrualsForSocialCharges" />
    <link:label xlink:type="resource" xlink:label="label_ShortTermEmployeeBenefitsAccrualsForSocialCharges" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ShortTermEmployeeBenefitsAccrualsForSocialCharges" xml:lang="en-US" id="label_ShortTermEmployeeBenefitsAccrualsForSocialCharges">Short Term Employee Benefits Accruals for Social Charges</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShortTermEmployeeBenefitsAccrualsForSocialCharges" xlink:to="label_ShortTermEmployeeBenefitsAccrualsForSocialCharges" xlink:title="Label : ShortTermEmployeeBenefitsAccrualsForSocialCharges to label_ShortTermEmployeeBenefitsAccrualsForSocialCharges" />
    <link:label xlink:type="resource" xlink:label="label_ShortTermEmployeeBenefitsAccrualsForSocialCharges_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ShortTermEmployeeBenefitsAccrualsForSocialCharges_1" xml:lang="en-US" id="label_ShortTermEmployeeBenefitsAccrualsForSocialCharges_1">Social charges</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShortTermEmployeeBenefitsAccrualsForSocialCharges" xlink:to="label_ShortTermEmployeeBenefitsAccrualsForSocialCharges_1" xlink:title="Label : ShortTermEmployeeBenefitsAccrualsForSocialCharges to label_ShortTermEmployeeBenefitsAccrualsForSocialCharges_1" />
    <link:label xlink:type="resource" xlink:label="label_ShortTermEmployeeBenefitsAccrualsForSocialCharges_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ShortTermEmployeeBenefitsAccrualsForSocialCharges_2" xml:lang="en-US" id="label_ShortTermEmployeeBenefitsAccrualsForSocialCharges_2">The amount of short-term accruals of employee benefits for social charges.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShortTermEmployeeBenefitsAccrualsForSocialCharges" xlink:to="label_ShortTermEmployeeBenefitsAccrualsForSocialCharges_2" xlink:title="Label : ShortTermEmployeeBenefitsAccrualsForSocialCharges to label_ShortTermEmployeeBenefitsAccrualsForSocialCharges_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ShortTermEmployeeBenefitsAccrualsForOtherCharges" xlink:label="ShortTermEmployeeBenefitsAccrualsForOtherCharges" xlink:title="ShortTermEmployeeBenefitsAccrualsForOtherCharges" />
    <link:label xlink:type="resource" xlink:label="label_ShortTermEmployeeBenefitsAccrualsForOtherCharges" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ShortTermEmployeeBenefitsAccrualsForOtherCharges" xml:lang="en-US" id="label_ShortTermEmployeeBenefitsAccrualsForOtherCharges">Short Term Employee Benefits Accruals for Other Charges</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShortTermEmployeeBenefitsAccrualsForOtherCharges" xlink:to="label_ShortTermEmployeeBenefitsAccrualsForOtherCharges" xlink:title="Label : ShortTermEmployeeBenefitsAccrualsForOtherCharges to label_ShortTermEmployeeBenefitsAccrualsForOtherCharges" />
    <link:label xlink:type="resource" xlink:label="label_ShortTermEmployeeBenefitsAccrualsForOtherCharges_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ShortTermEmployeeBenefitsAccrualsForOtherCharges_1" xml:lang="en-US" id="label_ShortTermEmployeeBenefitsAccrualsForOtherCharges_1">Others</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShortTermEmployeeBenefitsAccrualsForOtherCharges" xlink:to="label_ShortTermEmployeeBenefitsAccrualsForOtherCharges_1" xlink:title="Label : ShortTermEmployeeBenefitsAccrualsForOtherCharges to label_ShortTermEmployeeBenefitsAccrualsForOtherCharges_1" />
    <link:label xlink:type="resource" xlink:label="label_ShortTermEmployeeBenefitsAccrualsForOtherCharges_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ShortTermEmployeeBenefitsAccrualsForOtherCharges_2" xml:lang="en-US" id="label_ShortTermEmployeeBenefitsAccrualsForOtherCharges_2">The amount of short-term accruals of employee benefits for other charges.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShortTermEmployeeBenefitsAccrualsForOtherCharges" xlink:to="label_ShortTermEmployeeBenefitsAccrualsForOtherCharges_2" xlink:title="Label : ShortTermEmployeeBenefitsAccrualsForOtherCharges to label_ShortTermEmployeeBenefitsAccrualsForOtherCharges_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DisclosureOfTaxesPayableTable" xlink:label="DisclosureOfTaxesPayableTable" xlink:title="DisclosureOfTaxesPayableTable" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfTaxesPayableTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfTaxesPayableTable" xml:lang="en-US" id="label_DisclosureOfTaxesPayableTable">Disclosure of taxes payable [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfTaxesPayableTable" xlink:to="label_DisclosureOfTaxesPayableTable" xlink:title="Label : DisclosureOfTaxesPayableTable to label_DisclosureOfTaxesPayableTable" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfTaxesPayableTable_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DisclosureOfTaxesPayableTable_1" xml:lang="en-US" id="label_DisclosureOfTaxesPayableTable_1">Disclosure of taxes payable [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfTaxesPayableTable" xlink:to="label_DisclosureOfTaxesPayableTable_1" xlink:title="Label : DisclosureOfTaxesPayableTable to label_DisclosureOfTaxesPayableTable_1" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfTaxesPayableTable_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DisclosureOfTaxesPayableTable_2" xml:lang="en-US" id="label_DisclosureOfTaxesPayableTable_2">Disclosure of taxes payable [table].</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfTaxesPayableTable" xlink:to="label_DisclosureOfTaxesPayableTable_2" xlink:title="Label : DisclosureOfTaxesPayableTable to label_DisclosureOfTaxesPayableTable_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ISSMember" xlink:label="ISSMember" xlink:title="ISSMember" />
    <link:label xlink:type="resource" xlink:label="label_ISSMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ISSMember" xml:lang="en-US" id="label_ISSMember">I S S [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ISSMember" xlink:to="label_ISSMember" xlink:title="Label : ISSMember to label_ISSMember" />
    <link:label xlink:type="resource" xlink:label="label_ISSMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ISSMember_1" xml:lang="en-US" id="label_ISSMember_1">ISS [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ISSMember" xlink:to="label_ISSMember_1" xlink:title="Label : ISSMember to label_ISSMember_1" />
    <link:label xlink:type="resource" xlink:label="label_ISSMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ISSMember_2" xml:lang="en-US" id="label_ISSMember_2">This member stands for the information pertaining to Imposto Sobre Servi&#xE7;os (ISS or The Brazilian Municipal Service Tax).</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ISSMember" xlink:to="label_ISSMember_2" xlink:title="Label : ISSMember to label_ISSMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_OtherTaxesPayableMember" xlink:label="OtherTaxesPayableMember" xlink:title="OtherTaxesPayableMember" />
    <link:label xlink:type="resource" xlink:label="label_OtherTaxesPayableMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_OtherTaxesPayableMember" xml:lang="en-US" id="label_OtherTaxesPayableMember">This member stands for the information pertaining to other taxes payable.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherTaxesPayableMember" xlink:to="label_OtherTaxesPayableMember" xlink:title="Label : OtherTaxesPayableMember to label_OtherTaxesPayableMember" />
    <link:label xlink:type="resource" xlink:label="label_OtherTaxesPayableMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherTaxesPayableMember_1" xml:lang="en-US" id="label_OtherTaxesPayableMember_1">Others [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherTaxesPayableMember" xlink:to="label_OtherTaxesPayableMember_1" xlink:title="Label : OtherTaxesPayableMember to label_OtherTaxesPayableMember_1" />
    <link:label xlink:type="resource" xlink:label="label_OtherTaxesPayableMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherTaxesPayableMember_2" xml:lang="en-US" id="label_OtherTaxesPayableMember_2">Other taxes payable [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherTaxesPayableMember" xlink:to="label_OtherTaxesPayableMember_2" xlink:title="Label : OtherTaxesPayableMember to label_OtherTaxesPayableMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DisclosureOfTaxesPayableLineItems" xlink:label="DisclosureOfTaxesPayableLineItems" xlink:title="DisclosureOfTaxesPayableLineItems" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfTaxesPayableLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfTaxesPayableLineItems" xml:lang="en-US" id="label_DisclosureOfTaxesPayableLineItems">Disclosure of taxes payable [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfTaxesPayableLineItems" xlink:to="label_DisclosureOfTaxesPayableLineItems" xlink:title="Label : DisclosureOfTaxesPayableLineItems to label_DisclosureOfTaxesPayableLineItems" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfTaxesPayableLineItems_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DisclosureOfTaxesPayableLineItems_1" xml:lang="en-US" id="label_DisclosureOfTaxesPayableLineItems_1">Disclosure of taxes payable [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfTaxesPayableLineItems" xlink:to="label_DisclosureOfTaxesPayableLineItems_1" xlink:title="Label : DisclosureOfTaxesPayableLineItems to label_DisclosureOfTaxesPayableLineItems_1" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfTaxesPayableLineItems_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DisclosureOfTaxesPayableLineItems_2" xml:lang="en-US" id="label_DisclosureOfTaxesPayableLineItems_2">Disclosure of taxes payable [line items].</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfTaxesPayableLineItems" xlink:to="label_DisclosureOfTaxesPayableLineItems_2" xlink:title="Label : DisclosureOfTaxesPayableLineItems to label_DisclosureOfTaxesPayableLineItems_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:label="DisclosureOfDefinedBenefitPlansTable" xlink:title="DisclosureOfDefinedBenefitPlansTable" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfDefinedBenefitPlansTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfDefinedBenefitPlansTable" xml:lang="en-US" id="label_DisclosureOfDefinedBenefitPlansTable">Disclosure of defined benefit plans [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDefinedBenefitPlansTable" xlink:to="label_DisclosureOfDefinedBenefitPlansTable" xlink:title="Label : DisclosureOfDefinedBenefitPlansTable to label_DisclosureOfDefinedBenefitPlansTable" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:label="DisclosureOfDefinedBenefitPlansLineItems" xlink:title="DisclosureOfDefinedBenefitPlansLineItems" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfDefinedBenefitPlansLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfDefinedBenefitPlansLineItems" xml:lang="en-US" id="label_DisclosureOfDefinedBenefitPlansLineItems">Disclosure of defined benefit plans [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDefinedBenefitPlansLineItems" xlink:to="label_DisclosureOfDefinedBenefitPlansLineItems" xlink:title="Label : DisclosureOfDefinedBenefitPlansLineItems to label_DisclosureOfDefinedBenefitPlansLineItems" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_MaximumMatchingContributionInProportionToEmployeeGrossSalaryPercentage" xlink:label="MaximumMatchingContributionInProportionToEmployeeGrossSalaryPercentage" xlink:title="MaximumMatchingContributionInProportionToEmployeeGrossSalaryPercentage" />
    <link:label xlink:type="resource" xlink:label="label_MaximumMatchingContributionInProportionToEmployeeGrossSalaryPercentage" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_MaximumMatchingContributionInProportionToEmployeeGrossSalaryPercentage" xml:lang="en-US" id="label_MaximumMatchingContributionInProportionToEmployeeGrossSalaryPercentage">The maximum percentage of employer's matching contributions to a defined contribution plan that vests in a given year.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaximumMatchingContributionInProportionToEmployeeGrossSalaryPercentage" xlink:to="label_MaximumMatchingContributionInProportionToEmployeeGrossSalaryPercentage" xlink:title="Label : MaximumMatchingContributionInProportionToEmployeeGrossSalaryPercentage to label_MaximumMatchingContributionInProportionToEmployeeGrossSalaryPercentage" />
    <link:label xlink:type="resource" xlink:label="label_MaximumMatchingContributionInProportionToEmployeeGrossSalaryPercentage_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MaximumMatchingContributionInProportionToEmployeeGrossSalaryPercentage_1" xml:lang="en-US" id="label_MaximumMatchingContributionInProportionToEmployeeGrossSalaryPercentage_1">Maximum matching contribution in proportion to employee gross salary percentage</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaximumMatchingContributionInProportionToEmployeeGrossSalaryPercentage" xlink:to="label_MaximumMatchingContributionInProportionToEmployeeGrossSalaryPercentage_1" xlink:title="Label : MaximumMatchingContributionInProportionToEmployeeGrossSalaryPercentage to label_MaximumMatchingContributionInProportionToEmployeeGrossSalaryPercentage_1" />
    <link:label xlink:type="resource" xlink:label="label_MaximumMatchingContributionInProportionToEmployeeGrossSalaryPercentage_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_MaximumMatchingContributionInProportionToEmployeeGrossSalaryPercentage_2" xml:lang="en-US" id="label_MaximumMatchingContributionInProportionToEmployeeGrossSalaryPercentage_2">Maximum matching contribution percentage</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaximumMatchingContributionInProportionToEmployeeGrossSalaryPercentage" xlink:to="label_MaximumMatchingContributionInProportionToEmployeeGrossSalaryPercentage_2" xlink:title="Label : MaximumMatchingContributionInProportionToEmployeeGrossSalaryPercentage to label_MaximumMatchingContributionInProportionToEmployeeGrossSalaryPercentage_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AccumulatedFundPercentage" xlink:label="AccumulatedFundPercentage" xlink:title="AccumulatedFundPercentage" />
    <link:label xlink:type="resource" xlink:label="label_AccumulatedFundPercentage" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AccumulatedFundPercentage" xml:lang="en-US" id="label_AccumulatedFundPercentage">The percentage of participating employees' accumulated fund to a defined contribution plan.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccumulatedFundPercentage" xlink:to="label_AccumulatedFundPercentage" xlink:title="Label : AccumulatedFundPercentage to label_AccumulatedFundPercentage" />
    <link:label xlink:type="resource" xlink:label="label_AccumulatedFundPercentage_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AccumulatedFundPercentage_1" xml:lang="en-US" id="label_AccumulatedFundPercentage_1">Monthly accumulated fund percentage</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccumulatedFundPercentage" xlink:to="label_AccumulatedFundPercentage_1" xlink:title="Label : AccumulatedFundPercentage to label_AccumulatedFundPercentage_1" />
    <link:label xlink:type="resource" xlink:label="label_AccumulatedFundPercentage_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AccumulatedFundPercentage_2" xml:lang="en-US" id="label_AccumulatedFundPercentage_2">Accumulated fund percentage</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccumulatedFundPercentage" xlink:to="label_AccumulatedFundPercentage_2" xlink:title="Label : AccumulatedFundPercentage to label_AccumulatedFundPercentage_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_FixedAccumulatedFundPeriod" xlink:label="FixedAccumulatedFundPeriod" xlink:title="FixedAccumulatedFundPeriod" />
    <link:label xlink:type="resource" xlink:label="label_FixedAccumulatedFundPeriod" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_FixedAccumulatedFundPeriod" xml:lang="en-US" id="label_FixedAccumulatedFundPeriod">The period of participating employees' accumulated fund to a defined contribution plan.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FixedAccumulatedFundPeriod" xlink:to="label_FixedAccumulatedFundPeriod" xlink:title="Label : FixedAccumulatedFundPeriod to label_FixedAccumulatedFundPeriod" />
    <link:label xlink:type="resource" xlink:label="label_FixedAccumulatedFundPeriod_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_FixedAccumulatedFundPeriod_1" xml:lang="en-US" id="label_FixedAccumulatedFundPeriod_1">Fixed monthly accumulated fund period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FixedAccumulatedFundPeriod" xlink:to="label_FixedAccumulatedFundPeriod_1" xlink:title="Label : FixedAccumulatedFundPeriod to label_FixedAccumulatedFundPeriod_1" />
    <link:label xlink:type="resource" xlink:label="label_FixedAccumulatedFundPeriod_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FixedAccumulatedFundPeriod_2" xml:lang="en-US" id="label_FixedAccumulatedFundPeriod_2">Fixed accumulated fund period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FixedAccumulatedFundPeriod" xlink:to="label_FixedAccumulatedFundPeriod_2" xlink:title="Label : FixedAccumulatedFundPeriod to label_FixedAccumulatedFundPeriod_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DefinedContributionPensionPlanReversionFund" xlink:label="DefinedContributionPensionPlanReversionFund" xlink:title="DefinedContributionPensionPlanReversionFund" />
    <link:label xlink:type="resource" xlink:label="label_DefinedContributionPensionPlanReversionFund" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DefinedContributionPensionPlanReversionFund" xml:lang="en-US" id="label_DefinedContributionPensionPlanReversionFund">Defined contribution pension plan fund</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DefinedContributionPensionPlanReversionFund" xlink:to="label_DefinedContributionPensionPlanReversionFund" xlink:title="Label : DefinedContributionPensionPlanReversionFund to label_DefinedContributionPensionPlanReversionFund" />
    <link:label xlink:type="resource" xlink:label="label_DefinedContributionPensionPlanReversionFund_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DefinedContributionPensionPlanReversionFund_1" xml:lang="en-US" id="label_DefinedContributionPensionPlanReversionFund_1">The amount of defined contribution pension plan reversion fund.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DefinedContributionPensionPlanReversionFund" xlink:to="label_DefinedContributionPensionPlanReversionFund_1" xlink:title="Label : DefinedContributionPensionPlanReversionFund to label_DefinedContributionPensionPlanReversionFund_1" />
    <link:label xlink:type="resource" xlink:label="label_DefinedContributionPensionPlanReversionFund_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DefinedContributionPensionPlanReversionFund_2" xml:lang="en-US" id="label_DefinedContributionPensionPlanReversionFund_2">Defined Contribution Pension Plan Reversion Fund</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DefinedContributionPensionPlanReversionFund" xlink:to="label_DefinedContributionPensionPlanReversionFund_2" xlink:title="Label : DefinedContributionPensionPlanReversionFund to label_DefinedContributionPensionPlanReversionFund_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset" xlink:label="ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset" xlink:title="ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset" />
    <link:label xlink:type="resource" xlink:label="label_ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset" xml:lang="en-US" id="label_ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset">Contributions to plan by employer, net defined benefit liability (asset)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset" xlink:to="label_ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset" xlink:title="Label : ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset to label_ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset" />
    <link:label xlink:type="resource" xlink:label="label_ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset_1" xml:lang="en-US" id="label_ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset_1">Contribution to Ultraprev</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset" xlink:to="label_ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset_1" xlink:title="Label : ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset to label_ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_WeightedAverageDurationOfDefinedBenefitObligation2019" xlink:label="WeightedAverageDurationOfDefinedBenefitObligation2019" xlink:title="WeightedAverageDurationOfDefinedBenefitObligation2019" />
    <link:label xlink:type="resource" xlink:label="label_WeightedAverageDurationOfDefinedBenefitObligation2019" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_WeightedAverageDurationOfDefinedBenefitObligation2019" xml:lang="en-US" id="label_WeightedAverageDurationOfDefinedBenefitObligation2019">Weighted average duration of defined benefit obligation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WeightedAverageDurationOfDefinedBenefitObligation2019" xlink:to="label_WeightedAverageDurationOfDefinedBenefitObligation2019" xlink:title="Label : WeightedAverageDurationOfDefinedBenefitObligation2019 to label_WeightedAverageDurationOfDefinedBenefitObligation2019" />
    <link:label xlink:type="resource" xlink:label="label_WeightedAverageDurationOfDefinedBenefitObligation2019_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_WeightedAverageDurationOfDefinedBenefitObligation2019_1" xml:lang="en-US" id="label_WeightedAverageDurationOfDefinedBenefitObligation2019_1">Average period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WeightedAverageDurationOfDefinedBenefitObligation2019" xlink:to="label_WeightedAverageDurationOfDefinedBenefitObligation2019_1" xlink:title="Label : WeightedAverageDurationOfDefinedBenefitObligation2019 to label_WeightedAverageDurationOfDefinedBenefitObligation2019_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NumberOfActiveParticipatingEmployees" xlink:label="NumberOfActiveParticipatingEmployees" xlink:title="NumberOfActiveParticipatingEmployees" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfActiveParticipatingEmployees" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_NumberOfActiveParticipatingEmployees" xml:lang="en-US" id="label_NumberOfActiveParticipatingEmployees">The number of active participating employees to a defined contribution plan.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfActiveParticipatingEmployees" xlink:to="label_NumberOfActiveParticipatingEmployees" xlink:title="Label : NumberOfActiveParticipatingEmployees to label_NumberOfActiveParticipatingEmployees" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfActiveParticipatingEmployees_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NumberOfActiveParticipatingEmployees_1" xml:lang="en-US" id="label_NumberOfActiveParticipatingEmployees_1">Number of active participating employees</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfActiveParticipatingEmployees" xlink:to="label_NumberOfActiveParticipatingEmployees_1" xlink:title="Label : NumberOfActiveParticipatingEmployees to label_NumberOfActiveParticipatingEmployees_1" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfActiveParticipatingEmployees_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NumberOfActiveParticipatingEmployees_2" xml:lang="en-US" id="label_NumberOfActiveParticipatingEmployees_2">Number of active participating employees</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfActiveParticipatingEmployees" xlink:to="label_NumberOfActiveParticipatingEmployees_2" xlink:title="Label : NumberOfActiveParticipatingEmployees to label_NumberOfActiveParticipatingEmployees_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NumberOfRetiredParticipatingEmployees" xlink:label="NumberOfRetiredParticipatingEmployees" xlink:title="NumberOfRetiredParticipatingEmployees" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfRetiredParticipatingEmployees" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_NumberOfRetiredParticipatingEmployees" xml:lang="en-US" id="label_NumberOfRetiredParticipatingEmployees">The number of retired participating employees to a defined contribution plan.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfRetiredParticipatingEmployees" xlink:to="label_NumberOfRetiredParticipatingEmployees" xlink:title="Label : NumberOfRetiredParticipatingEmployees to label_NumberOfRetiredParticipatingEmployees" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfRetiredParticipatingEmployees_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NumberOfRetiredParticipatingEmployees_1" xml:lang="en-US" id="label_NumberOfRetiredParticipatingEmployees_1">Number of retired participating employees</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfRetiredParticipatingEmployees" xlink:to="label_NumberOfRetiredParticipatingEmployees_1" xlink:title="Label : NumberOfRetiredParticipatingEmployees to label_NumberOfRetiredParticipatingEmployees_1" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfRetiredParticipatingEmployees_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NumberOfRetiredParticipatingEmployees_2" xml:lang="en-US" id="label_NumberOfRetiredParticipatingEmployees_2">Number of retired participating employees</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfRetiredParticipatingEmployees" xlink:to="label_NumberOfRetiredParticipatingEmployees_2" xlink:title="Label : NumberOfRetiredParticipatingEmployees to label_NumberOfRetiredParticipatingEmployees_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NumberOfFormerEmployeesReceivingBenefits" xlink:label="NumberOfFormerEmployeesReceivingBenefits" xlink:title="NumberOfFormerEmployeesReceivingBenefits" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfFormerEmployeesReceivingBenefits" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_NumberOfFormerEmployeesReceivingBenefits" xml:lang="en-US" id="label_NumberOfFormerEmployeesReceivingBenefits">The number of former employees receiving benefits to a defined contribution plan.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfFormerEmployeesReceivingBenefits" xlink:to="label_NumberOfFormerEmployeesReceivingBenefits" xlink:title="Label : NumberOfFormerEmployeesReceivingBenefits to label_NumberOfFormerEmployeesReceivingBenefits" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfFormerEmployeesReceivingBenefits_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NumberOfFormerEmployeesReceivingBenefits_1" xml:lang="en-US" id="label_NumberOfFormerEmployeesReceivingBenefits_1">Number of former employees receiving benefits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfFormerEmployeesReceivingBenefits" xlink:to="label_NumberOfFormerEmployeesReceivingBenefits_1" xlink:title="Label : NumberOfFormerEmployeesReceivingBenefits to label_NumberOfFormerEmployeesReceivingBenefits_1" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfFormerEmployeesReceivingBenefits_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NumberOfFormerEmployeesReceivingBenefits_2" xml:lang="en-US" id="label_NumberOfFormerEmployeesReceivingBenefits_2">Number of former employees receiving benefits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfFormerEmployeesReceivingBenefits" xlink:to="label_NumberOfFormerEmployeesReceivingBenefits_2" xlink:title="Label : NumberOfFormerEmployeesReceivingBenefits to label_NumberOfFormerEmployeesReceivingBenefits_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DefinedBenefitPlansAxis" xlink:label="DefinedBenefitPlansAxis" xlink:title="DefinedBenefitPlansAxis" />
    <link:label xlink:type="resource" xlink:label="label_DefinedBenefitPlansAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DefinedBenefitPlansAxis" xml:lang="en-US" id="label_DefinedBenefitPlansAxis">Defined benefit plans [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DefinedBenefitPlansAxis" xlink:to="label_DefinedBenefitPlansAxis" xlink:title="Label : DefinedBenefitPlansAxis to label_DefinedBenefitPlansAxis" />
    <link:label xlink:type="resource" xlink:label="label_DefinedBenefitPlansAxis_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DefinedBenefitPlansAxis_1" xml:lang="en-US" id="label_DefinedBenefitPlansAxis_1">Defined benefit plans [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DefinedBenefitPlansAxis" xlink:to="label_DefinedBenefitPlansAxis_1" xlink:title="Label : DefinedBenefitPlansAxis to label_DefinedBenefitPlansAxis_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DefinedBenefitPlansMember" xlink:label="DefinedBenefitPlansMember" xlink:title="DefinedBenefitPlansMember" />
    <link:label xlink:type="resource" xlink:label="label_DefinedBenefitPlansMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DefinedBenefitPlansMember" xml:lang="en-US" id="label_DefinedBenefitPlansMember">Defined benefit plans [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DefinedBenefitPlansMember" xlink:to="label_DefinedBenefitPlansMember" xlink:title="Label : DefinedBenefitPlansMember to label_DefinedBenefitPlansMember" />
    <link:label xlink:type="resource" xlink:label="label_DefinedBenefitPlansMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DefinedBenefitPlansMember_1" xml:lang="en-US" id="label_DefinedBenefitPlansMember_1">Defined benefit plans [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DefinedBenefitPlansMember" xlink:to="label_DefinedBenefitPlansMember_1" xlink:title="Label : DefinedBenefitPlansMember to label_DefinedBenefitPlansMember_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_HealthAndDentalCareMember" xlink:label="HealthAndDentalCareMember" xlink:title="HealthAndDentalCareMember" />
    <link:label xlink:type="resource" xlink:label="label_HealthAndDentalCareMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_HealthAndDentalCareMember" xml:lang="en-US" id="label_HealthAndDentalCareMember">This member stands for the information pertaining to health and dental care.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HealthAndDentalCareMember" xlink:to="label_HealthAndDentalCareMember" xlink:title="Label : HealthAndDentalCareMember to label_HealthAndDentalCareMember" />
    <link:label xlink:type="resource" xlink:label="label_HealthAndDentalCareMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_HealthAndDentalCareMember_1" xml:lang="en-US" id="label_HealthAndDentalCareMember_1">Health and dental care plan [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HealthAndDentalCareMember" xlink:to="label_HealthAndDentalCareMember_1" xlink:title="Label : HealthAndDentalCareMember to label_HealthAndDentalCareMember_1" />
    <link:label xlink:type="resource" xlink:label="label_HealthAndDentalCareMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_HealthAndDentalCareMember_2" xml:lang="en-US" id="label_HealthAndDentalCareMember_2">Health and dental care [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HealthAndDentalCareMember" xlink:to="label_HealthAndDentalCareMember_2" xlink:title="Label : HealthAndDentalCareMember to label_HealthAndDentalCareMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_IndemnificationOfFGTSMember" xlink:label="IndemnificationOfFGTSMember" xlink:title="IndemnificationOfFGTSMember" />
    <link:label xlink:type="resource" xlink:label="label_IndemnificationOfFGTSMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IndemnificationOfFGTSMember" xml:lang="en-US" id="label_IndemnificationOfFGTSMember">Indemnification of F G T S [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IndemnificationOfFGTSMember" xlink:to="label_IndemnificationOfFGTSMember" xlink:title="Label : IndemnificationOfFGTSMember to label_IndemnificationOfFGTSMember" />
    <link:label xlink:type="resource" xlink:label="label_IndemnificationOfFGTSMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IndemnificationOfFGTSMember_1" xml:lang="en-US" id="label_IndemnificationOfFGTSMember_1">Indemnification of FGTS [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IndemnificationOfFGTSMember" xlink:to="label_IndemnificationOfFGTSMember_1" xlink:title="Label : IndemnificationOfFGTSMember to label_IndemnificationOfFGTSMember_1" />
    <link:label xlink:type="resource" xlink:label="label_IndemnificationOfFGTSMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_IndemnificationOfFGTSMember_2" xml:lang="en-US" id="label_IndemnificationOfFGTSMember_2">This member stands for the information pertaining to Indemnification of payment of Government Severance Indemnity Fund (FGTS).</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IndemnificationOfFGTSMember" xlink:to="label_IndemnificationOfFGTSMember_2" xlink:title="Label : IndemnificationOfFGTSMember to label_IndemnificationOfFGTSMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_SeniorityBonusMember" xlink:label="SeniorityBonusMember" xlink:title="SeniorityBonusMember" />
    <link:label xlink:type="resource" xlink:label="label_SeniorityBonusMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_SeniorityBonusMember" xml:lang="en-US" id="label_SeniorityBonusMember">This member stands for the information pertaining to seniority bonus.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SeniorityBonusMember" xlink:to="label_SeniorityBonusMember" xlink:title="Label : SeniorityBonusMember to label_SeniorityBonusMember" />
    <link:label xlink:type="resource" xlink:label="label_SeniorityBonusMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_SeniorityBonusMember_1" xml:lang="en-US" id="label_SeniorityBonusMember_1">Seniority bonus [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SeniorityBonusMember" xlink:to="label_SeniorityBonusMember_1" xlink:title="Label : SeniorityBonusMember to label_SeniorityBonusMember_1" />
    <link:label xlink:type="resource" xlink:label="label_SeniorityBonusMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SeniorityBonusMember_2" xml:lang="en-US" id="label_SeniorityBonusMember_2">Seniority Bonus [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SeniorityBonusMember" xlink:to="label_SeniorityBonusMember_2" xlink:title="Label : SeniorityBonusMember to label_SeniorityBonusMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_LifeInsuranceMember" xlink:label="LifeInsuranceMember" xlink:title="LifeInsuranceMember" />
    <link:label xlink:type="resource" xlink:label="label_LifeInsuranceMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_LifeInsuranceMember" xml:lang="en-US" id="label_LifeInsuranceMember">This member stands for the information pertaining to life insurance.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LifeInsuranceMember" xlink:to="label_LifeInsuranceMember" xlink:title="Label : LifeInsuranceMember to label_LifeInsuranceMember" />
    <link:label xlink:type="resource" xlink:label="label_LifeInsuranceMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LifeInsuranceMember_1" xml:lang="en-US" id="label_LifeInsuranceMember_1">Life insurance [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LifeInsuranceMember" xlink:to="label_LifeInsuranceMember_1" xlink:title="Label : LifeInsuranceMember to label_LifeInsuranceMember_1" />
    <link:label xlink:type="resource" xlink:label="label_LifeInsuranceMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LifeInsuranceMember_2" xml:lang="en-US" id="label_LifeInsuranceMember_2">life insurance [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LifeInsuranceMember" xlink:to="label_LifeInsuranceMember_2" xlink:title="Label : LifeInsuranceMember to label_LifeInsuranceMember_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ProvisionsForEmployeeBenefits" xlink:label="ProvisionsForEmployeeBenefits" xlink:title="ProvisionsForEmployeeBenefits" />
    <link:label xlink:type="resource" xlink:label="label_ProvisionsForEmployeeBenefits" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:title="label_ProvisionsForEmployeeBenefits" xml:lang="en-US" id="label_ProvisionsForEmployeeBenefits">Provision for post-employment benefits, ending</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionsForEmployeeBenefits" xlink:to="label_ProvisionsForEmployeeBenefits" xlink:title="Label : ProvisionsForEmployeeBenefits to label_ProvisionsForEmployeeBenefits" />
    <link:label xlink:type="resource" xlink:label="label_ProvisionsForEmployeeBenefits_1" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:title="label_ProvisionsForEmployeeBenefits_1" xml:lang="en-US" id="label_ProvisionsForEmployeeBenefits_1">Provision for post-employment benefits, opening</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionsForEmployeeBenefits" xlink:to="label_ProvisionsForEmployeeBenefits_1" xlink:title="Label : ProvisionsForEmployeeBenefits to label_ProvisionsForEmployeeBenefits_1" />
    <link:label xlink:type="resource" xlink:label="label_ProvisionsForEmployeeBenefits_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ProvisionsForEmployeeBenefits_2" xml:lang="en-US" id="label_ProvisionsForEmployeeBenefits_2">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionsForEmployeeBenefits" xlink:to="label_ProvisionsForEmployeeBenefits_2" xlink:title="Label : ProvisionsForEmployeeBenefits to label_ProvisionsForEmployeeBenefits_2" />
    <link:label xlink:type="resource" xlink:label="label_ProvisionsForEmployeeBenefits_3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ProvisionsForEmployeeBenefits_3" xml:lang="en-US" id="label_ProvisionsForEmployeeBenefits_3">Provisions for employee benefits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionsForEmployeeBenefits" xlink:to="label_ProvisionsForEmployeeBenefits_3" xlink:title="Label : ProvisionsForEmployeeBenefits to label_ProvisionsForEmployeeBenefits_3" />
    <link:label xlink:type="resource" xlink:label="label_ProvisionsForEmployeeBenefits_4" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_ProvisionsForEmployeeBenefits_4" xml:lang="en-US" id="label_ProvisionsForEmployeeBenefits_4">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionsForEmployeeBenefits" xlink:to="label_ProvisionsForEmployeeBenefits_4" xlink:title="Label : ProvisionsForEmployeeBenefits to label_ProvisionsForEmployeeBenefits_4" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_PostemploymentBenefitExpenseDefinedBenefitPlans" xlink:label="PostemploymentBenefitExpenseDefinedBenefitPlans" xlink:title="PostemploymentBenefitExpenseDefinedBenefitPlans" />
    <link:label xlink:type="resource" xlink:label="label_PostemploymentBenefitExpenseDefinedBenefitPlans" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PostemploymentBenefitExpenseDefinedBenefitPlans" xml:lang="en-US" id="label_PostemploymentBenefitExpenseDefinedBenefitPlans">Post-employment benefit expense in profit or loss, defined benefit plans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PostemploymentBenefitExpenseDefinedBenefitPlans" xlink:to="label_PostemploymentBenefitExpenseDefinedBenefitPlans" xlink:title="Label : PostemploymentBenefitExpenseDefinedBenefitPlans to label_PostemploymentBenefitExpenseDefinedBenefitPlans" />
    <link:label xlink:type="resource" xlink:label="label_PostemploymentBenefitExpenseDefinedBenefitPlans_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_PostemploymentBenefitExpenseDefinedBenefitPlans_1" xml:lang="en-US" id="label_PostemploymentBenefitExpenseDefinedBenefitPlans_1">Employee benefit expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PostemploymentBenefitExpenseDefinedBenefitPlans" xlink:to="label_PostemploymentBenefitExpenseDefinedBenefitPlans_1" xlink:title="Label : PostemploymentBenefitExpenseDefinedBenefitPlans to label_PostemploymentBenefitExpenseDefinedBenefitPlans_1" />
    <link:label xlink:type="resource" xlink:label="label_PostemploymentBenefitExpenseDefinedBenefitPlans_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_PostemploymentBenefitExpenseDefinedBenefitPlans_2" xml:lang="en-US" id="label_PostemploymentBenefitExpenseDefinedBenefitPlans_2">Expense for the year of continuing operations</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PostemploymentBenefitExpenseDefinedBenefitPlans" xlink:to="label_PostemploymentBenefitExpenseDefinedBenefitPlans_2" xlink:title="Label : PostemploymentBenefitExpenseDefinedBenefitPlans to label_PostemploymentBenefitExpenseDefinedBenefitPlans_2" />
    <link:label xlink:type="resource" xlink:label="label_PostemploymentBenefitExpenseDefinedBenefitPlans_3" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_PostemploymentBenefitExpenseDefinedBenefitPlans_3" xml:lang="en-US" id="label_PostemploymentBenefitExpenseDefinedBenefitPlans_3">Expense for the year</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PostemploymentBenefitExpenseDefinedBenefitPlans" xlink:to="label_PostemploymentBenefitExpenseDefinedBenefitPlans_3" xlink:title="Label : PostemploymentBenefitExpenseDefinedBenefitPlans to label_PostemploymentBenefitExpenseDefinedBenefitPlans_3" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetOfTaxDefinedBenefitPlans" xlink:label="ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetOfTaxDefinedBenefitPlans" xlink:title="ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetOfTaxDefinedBenefitPlans" />
    <link:label xlink:type="resource" xlink:label="label_ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetOfTaxDefinedBenefitPlans" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetOfTaxDefinedBenefitPlans" xml:lang="en-US" id="label_ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetOfTaxDefinedBenefitPlans">Actuarial gains (losses) arising from changes in financial assumptions, net of tax, defined benefit plans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetOfTaxDefinedBenefitPlans" xlink:to="label_ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetOfTaxDefinedBenefitPlans" xlink:title="Label : ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetOfTaxDefinedBenefitPlans to label_ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetOfTaxDefinedBenefitPlans" />
    <link:label xlink:type="resource" xlink:label="label_ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetOfTaxDefinedBenefitPlans_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetOfTaxDefinedBenefitPlans_1" xml:lang="en-US" id="label_ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetOfTaxDefinedBenefitPlans_1">(Gain) Losses from changes in actuarial assumptions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetOfTaxDefinedBenefitPlans" xlink:to="label_ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetOfTaxDefinedBenefitPlans_1" xlink:title="Label : ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetOfTaxDefinedBenefitPlans to label_ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetOfTaxDefinedBenefitPlans_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_BenefitsPaidOrPayable" xlink:label="BenefitsPaidOrPayable" xlink:title="BenefitsPaidOrPayable" />
    <link:label xlink:type="resource" xlink:label="label_BenefitsPaidOrPayable" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_BenefitsPaidOrPayable" xml:lang="en-US" id="label_BenefitsPaidOrPayable">Benefits paid directly by Company and its subsidiaries</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BenefitsPaidOrPayable" xlink:to="label_BenefitsPaidOrPayable" xlink:title="Label : BenefitsPaidOrPayable to label_BenefitsPaidOrPayable" />
    <link:label xlink:type="resource" xlink:label="label_BenefitsPaidOrPayable_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_BenefitsPaidOrPayable_1" xml:lang="en-US" id="label_BenefitsPaidOrPayable_1">Benefits paid or payable</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BenefitsPaidOrPayable" xlink:to="label_BenefitsPaidOrPayable_1" xlink:title="Label : BenefitsPaidOrPayable to label_BenefitsPaidOrPayable_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_EmployeeBenefitsExchangeRateFromForeignSubsidiaries" xlink:label="EmployeeBenefitsExchangeRateFromForeignSubsidiaries" xlink:title="EmployeeBenefitsExchangeRateFromForeignSubsidiaries" />
    <link:label xlink:type="resource" xlink:label="label_EmployeeBenefitsExchangeRateFromForeignSubsidiaries" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_EmployeeBenefitsExchangeRateFromForeignSubsidiaries" xml:lang="en-US" id="label_EmployeeBenefitsExchangeRateFromForeignSubsidiaries">The amount of gain (loss) on exchange rate changes from post employment benefits.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EmployeeBenefitsExchangeRateFromForeignSubsidiaries" xlink:to="label_EmployeeBenefitsExchangeRateFromForeignSubsidiaries" xlink:title="Label : EmployeeBenefitsExchangeRateFromForeignSubsidiaries to label_EmployeeBenefitsExchangeRateFromForeignSubsidiaries" />
    <link:label xlink:type="resource" xlink:label="label_EmployeeBenefitsExchangeRateFromForeignSubsidiaries_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_EmployeeBenefitsExchangeRateFromForeignSubsidiaries_1" xml:lang="en-US" id="label_EmployeeBenefitsExchangeRateFromForeignSubsidiaries_1">Exchange rates from post employment benefits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EmployeeBenefitsExchangeRateFromForeignSubsidiaries" xlink:to="label_EmployeeBenefitsExchangeRateFromForeignSubsidiaries_1" xlink:title="Label : EmployeeBenefitsExchangeRateFromForeignSubsidiaries to label_EmployeeBenefitsExchangeRateFromForeignSubsidiaries_1" />
    <link:label xlink:type="resource" xlink:label="label_EmployeeBenefitsExchangeRateFromForeignSubsidiaries_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EmployeeBenefitsExchangeRateFromForeignSubsidiaries_2" xml:lang="en-US" id="label_EmployeeBenefitsExchangeRateFromForeignSubsidiaries_2">Employee benefits exchange rate from foreign subsidiaries</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EmployeeBenefitsExchangeRateFromForeignSubsidiaries" xlink:to="label_EmployeeBenefitsExchangeRateFromForeignSubsidiaries_2" xlink:title="Label : EmployeeBenefitsExchangeRateFromForeignSubsidiaries to label_EmployeeBenefitsExchangeRateFromForeignSubsidiaries_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ActuarialAssumptionOfDiscountRates" xlink:label="ActuarialAssumptionOfDiscountRates" xlink:title="ActuarialAssumptionOfDiscountRates" />
    <link:label xlink:type="resource" xlink:label="label_ActuarialAssumptionOfDiscountRates" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ActuarialAssumptionOfDiscountRates" xml:lang="en-US" id="label_ActuarialAssumptionOfDiscountRates">Actuarial assumption of discount rates</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ActuarialAssumptionOfDiscountRates" xlink:to="label_ActuarialAssumptionOfDiscountRates" xlink:title="Label : ActuarialAssumptionOfDiscountRates to label_ActuarialAssumptionOfDiscountRates" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherProvisionsMember" xlink:to="label_OtherProvisionsMember" xlink:title="Label : OtherProvisionsMember to label_OtherProvisionsMember" />
    <link:label xlink:type="resource" xlink:label="label_OtherProvisionsMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherProvisionsMember_1" xml:lang="en-US" id="label_OtherProvisionsMember_1">Other provisions [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherProvisionsMember" xlink:to="label_OtherProvisionsMember_1" xlink:title="Label : OtherProvisionsMember to label_OtherProvisionsMember_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ProvisionForAssetRetirementObligationMember" xlink:label="ProvisionForAssetRetirementObligationMember" xlink:title="ProvisionForAssetRetirementObligationMember" />
    <link:label xlink:type="resource" xlink:label="label_ProvisionForAssetRetirementObligationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ProvisionForAssetRetirementObligationMember" xml:lang="en-US" id="label_ProvisionForAssetRetirementObligationMember">Provision for Asset Retirement Obligation [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionForAssetRetirementObligationMember" xlink:to="label_ProvisionForAssetRetirementObligationMember" xlink:title="Label : ProvisionForAssetRetirementObligationMember to label_ProvisionForAssetRetirementObligationMember" />
    <link:label xlink:type="resource" xlink:label="label_ProvisionForAssetRetirementObligationMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ProvisionForAssetRetirementObligationMember_1" xml:lang="en-US" id="label_ProvisionForAssetRetirementObligationMember_1">Asset Retirement Obligation [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionForAssetRetirementObligationMember" xlink:to="label_ProvisionForAssetRetirementObligationMember_1" xlink:title="Label : ProvisionForAssetRetirementObligationMember to label_ProvisionForAssetRetirementObligationMember_1" />
    <link:label xlink:type="resource" xlink:label="label_ProvisionForAssetRetirementObligationMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ProvisionForAssetRetirementObligationMember_2" xml:lang="en-US" id="label_ProvisionForAssetRetirementObligationMember_2">This member stands for the information pertaining to provision for asset retirement obligation.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionForAssetRetirementObligationMember" xlink:to="label_ProvisionForAssetRetirementObligationMember_2" xlink:title="Label : ProvisionForAssetRetirementObligationMember to label_ProvisionForAssetRetirementObligationMember_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfOtherProvisionsLineItems" xlink:label="DisclosureOfOtherProvisionsLineItems" xlink:title="DisclosureOfOtherProvisionsLineItems" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfOtherProvisionsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfOtherProvisionsLineItems" xml:lang="en-US" id="label_DisclosureOfOtherProvisionsLineItems">Disclosure of other provisions [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfOtherProvisionsLineItems" xlink:to="label_DisclosureOfOtherProvisionsLineItems" xlink:title="Label : DisclosureOfOtherProvisionsLineItems to label_DisclosureOfOtherProvisionsLineItems" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherProvisions" xlink:label="OtherProvisions" xlink:title="OtherProvisions" />
    <link:label xlink:type="resource" xlink:label="label_OtherProvisions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherProvisions" xml:lang="en-US" id="label_OtherProvisions">Other provisions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherProvisions" xlink:to="label_OtherProvisions" xlink:title="Label : OtherProvisions to label_OtherProvisions" />
    <link:label xlink:type="resource" xlink:label="label_OtherProvisions_1" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:title="label_OtherProvisions_1" xml:lang="en-US" id="label_OtherProvisions_1">Beginning balance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherProvisions" xlink:to="label_OtherProvisions_1" xlink:title="Label : OtherProvisions to label_OtherProvisions_1" />
    <link:label xlink:type="resource" xlink:label="label_OtherProvisions_2" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:title="label_OtherProvisions_2" xml:lang="en-US" id="label_OtherProvisions_2">Ending Balance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherProvisions" xlink:to="label_OtherProvisions_2" xlink:title="Label : OtherProvisions to label_OtherProvisions_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AdditionalProvisionsOtherProvisions" xlink:label="AdditionalProvisionsOtherProvisions" xlink:title="AdditionalProvisionsOtherProvisions" />
    <link:label xlink:type="resource" xlink:label="label_AdditionalProvisionsOtherProvisions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AdditionalProvisionsOtherProvisions" xml:lang="en-US" id="label_AdditionalProvisionsOtherProvisions">Additions (new tanks)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionalProvisionsOtherProvisions" xlink:to="label_AdditionalProvisionsOtherProvisions" xlink:title="Label : AdditionalProvisionsOtherProvisions to label_AdditionalProvisionsOtherProvisions" />
    <link:label xlink:type="resource" xlink:label="label_AdditionalProvisionsOtherProvisions_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdditionalProvisionsOtherProvisions_1" xml:lang="en-US" id="label_AdditionalProvisionsOtherProvisions_1">Additional provisions, other provisions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionalProvisionsOtherProvisions" xlink:to="label_AdditionalProvisionsOtherProvisions_1" xlink:title="Label : AdditionalProvisionsOtherProvisions to label_AdditionalProvisionsOtherProvisions_1" />
    <link:label xlink:type="resource" xlink:label="label_AdditionalProvisionsOtherProvisions_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_AdditionalProvisionsOtherProvisions_2" xml:lang="en-US" id="label_AdditionalProvisionsOtherProvisions_2">Additions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionalProvisionsOtherProvisions" xlink:to="label_AdditionalProvisionsOtherProvisions_2" xlink:title="Label : AdditionalProvisionsOtherProvisions to label_AdditionalProvisionsOtherProvisions_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ProvisionUsedOtherProvisions" xlink:label="ProvisionUsedOtherProvisions" xlink:title="ProvisionUsedOtherProvisions" />
    <link:label xlink:type="resource" xlink:label="label_ProvisionUsedOtherProvisions" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_ProvisionUsedOtherProvisions" xml:lang="en-US" id="label_ProvisionUsedOtherProvisions">Expenditure with tanks removed</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionUsedOtherProvisions" xlink:to="label_ProvisionUsedOtherProvisions" xlink:title="Label : ProvisionUsedOtherProvisions to label_ProvisionUsedOtherProvisions" />
    <link:label xlink:type="resource" xlink:label="label_ProvisionUsedOtherProvisions_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ProvisionUsedOtherProvisions_1" xml:lang="en-US" id="label_ProvisionUsedOtherProvisions_1">Provision used, other provisions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionUsedOtherProvisions" xlink:to="label_ProvisionUsedOtherProvisions_1" xlink:title="Label : ProvisionUsedOtherProvisions to label_ProvisionUsedOtherProvisions_1" />
    <link:label xlink:type="resource" xlink:label="label_ProvisionUsedOtherProvisions_2" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:title="label_ProvisionUsedOtherProvisions_2" xml:lang="en-US" id="label_ProvisionUsedOtherProvisions_2">Payments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionUsedOtherProvisions" xlink:to="label_ProvisionUsedOtherProvisions_2" xlink:title="Label : ProvisionUsedOtherProvisions to label_ProvisionUsedOtherProvisions_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions" xlink:label="IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions" xlink:title="IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions" xml:lang="en-US" id="label_IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions">Increase through adjustments arising from passage of time, other provisions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions" xlink:to="label_IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions" xlink:title="Label : IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions to label_IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions_1" xml:lang="en-US" id="label_IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions_1">Accretion expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions" xlink:to="label_IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions_1" xlink:title="Label : IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions to label_IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions_1" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions_2" xml:lang="en-US" id="label_IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions_2">Interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions" xlink:to="label_IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions_2" xlink:title="Label : IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions to label_IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherShorttermProvisions" xlink:label="OtherShorttermProvisions" xlink:title="OtherShorttermProvisions" />
    <link:label xlink:type="resource" xlink:label="label_OtherShorttermProvisions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherShorttermProvisions" xml:lang="en-US" id="label_OtherShorttermProvisions">Other current provisions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherShorttermProvisions" xlink:to="label_OtherShorttermProvisions" xlink:title="Label : OtherShorttermProvisions to label_OtherShorttermProvisions" />
    <link:label xlink:type="resource" xlink:label="label_OtherShorttermProvisions_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherShorttermProvisions_1" xml:lang="en-US" id="label_OtherShorttermProvisions_1">Current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherShorttermProvisions" xlink:to="label_OtherShorttermProvisions_1" xlink:title="Label : OtherShorttermProvisions to label_OtherShorttermProvisions_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherLongtermProvisions" xlink:label="OtherLongtermProvisions" xlink:title="OtherLongtermProvisions" />
    <link:label xlink:type="resource" xlink:label="label_OtherLongtermProvisions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherLongtermProvisions" xml:lang="en-US" id="label_OtherLongtermProvisions">Other non-current provisions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherLongtermProvisions" xlink:to="label_OtherLongtermProvisions" xlink:title="Label : OtherLongtermProvisions to label_OtherLongtermProvisions" />
    <link:label xlink:type="resource" xlink:label="label_OtherLongtermProvisions_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherLongtermProvisions_1" xml:lang="en-US" id="label_OtherLongtermProvisions_1">Non-current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherLongtermProvisions" xlink:to="label_OtherLongtermProvisions_1" xlink:title="Label : OtherLongtermProvisions to label_OtherLongtermProvisions_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LegalProceedingsProvisionMember" xlink:label="LegalProceedingsProvisionMember" xlink:title="LegalProceedingsProvisionMember" />
    <link:label xlink:type="resource" xlink:label="label_LegalProceedingsProvisionMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LegalProceedingsProvisionMember" xml:lang="en-US" id="label_LegalProceedingsProvisionMember">Provisions for tax, civil, and labor risks [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LegalProceedingsProvisionMember" xlink:to="label_LegalProceedingsProvisionMember" xlink:title="Label : LegalProceedingsProvisionMember to label_LegalProceedingsProvisionMember" />
    <link:label xlink:type="resource" xlink:label="label_LegalProceedingsProvisionMember_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LegalProceedingsProvisionMember_1" xml:lang="en-US" id="label_LegalProceedingsProvisionMember_1">Legal proceedings provision [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LegalProceedingsProvisionMember" xlink:to="label_LegalProceedingsProvisionMember_1" xlink:title="Label : LegalProceedingsProvisionMember to label_LegalProceedingsProvisionMember_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_IrpjAndCsllMember" xlink:label="IrpjAndCsllMember" xlink:title="IrpjAndCsllMember" />
    <link:label xlink:type="resource" xlink:label="label_IrpjAndCsllMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IrpjAndCsllMember" xml:lang="en-US" id="label_IrpjAndCsllMember">Irpj and Csll Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IrpjAndCsllMember" xlink:to="label_IrpjAndCsllMember" xlink:title="Label : IrpjAndCsllMember to label_IrpjAndCsllMember" />
    <link:label xlink:type="resource" xlink:label="label_IrpjAndCsllMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IrpjAndCsllMember_1" xml:lang="en-US" id="label_IrpjAndCsllMember_1">IRPJ and CSLL [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IrpjAndCsllMember" xlink:to="label_IrpjAndCsllMember_1" xlink:title="Label : IrpjAndCsllMember to label_IrpjAndCsllMember_1" />
    <link:label xlink:type="resource" xlink:label="label_IrpjAndCsllMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_IrpjAndCsllMember_2" xml:lang="en-US" id="label_IrpjAndCsllMember_2">This member stands for the information pertaining to current and deferred income tax (IRPJ) and social contribution on net income tax (CSLL).</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IrpjAndCsllMember" xlink:to="label_IrpjAndCsllMember_2" xlink:title="Label : IrpjAndCsllMember to label_IrpjAndCsllMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_CivilEnvironmentalAndRegulatoryClaimsMember" xlink:label="CivilEnvironmentalAndRegulatoryClaimsMember" xlink:title="CivilEnvironmentalAndRegulatoryClaimsMember" />
    <link:label xlink:type="resource" xlink:label="label_CivilEnvironmentalAndRegulatoryClaimsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CivilEnvironmentalAndRegulatoryClaimsMember" xml:lang="en-US" id="label_CivilEnvironmentalAndRegulatoryClaimsMember">Civil Environmental and Regulatory Claims [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CivilEnvironmentalAndRegulatoryClaimsMember" xlink:to="label_CivilEnvironmentalAndRegulatoryClaimsMember" xlink:title="Label : CivilEnvironmentalAndRegulatoryClaimsMember to label_CivilEnvironmentalAndRegulatoryClaimsMember" />
    <link:label xlink:type="resource" xlink:label="label_CivilEnvironmentalAndRegulatoryClaimsMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CivilEnvironmentalAndRegulatoryClaimsMember_1" xml:lang="en-US" id="label_CivilEnvironmentalAndRegulatoryClaimsMember_1">Civil and other [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CivilEnvironmentalAndRegulatoryClaimsMember" xlink:to="label_CivilEnvironmentalAndRegulatoryClaimsMember_1" xlink:title="Label : CivilEnvironmentalAndRegulatoryClaimsMember to label_CivilEnvironmentalAndRegulatoryClaimsMember_1" />
    <link:label xlink:type="resource" xlink:label="label_CivilEnvironmentalAndRegulatoryClaimsMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_CivilEnvironmentalAndRegulatoryClaimsMember_2" xml:lang="en-US" id="label_CivilEnvironmentalAndRegulatoryClaimsMember_2">This member stands for a provision for civil, environmental and regulatory claims.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CivilEnvironmentalAndRegulatoryClaimsMember" xlink:to="label_CivilEnvironmentalAndRegulatoryClaimsMember_2" xlink:title="Label : CivilEnvironmentalAndRegulatoryClaimsMember to label_CivilEnvironmentalAndRegulatoryClaimsMember_2" />
    <link:label xlink:type="resource" xlink:label="label_CivilEnvironmentalAndRegulatoryClaimsMember_3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_CivilEnvironmentalAndRegulatoryClaimsMember_3" xml:lang="en-US" id="label_CivilEnvironmentalAndRegulatoryClaimsMember_3">Civil, environmental and regulatory claims [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CivilEnvironmentalAndRegulatoryClaimsMember" xlink:to="label_CivilEnvironmentalAndRegulatoryClaimsMember_3" xlink:title="Label : CivilEnvironmentalAndRegulatoryClaimsMember to label_CivilEnvironmentalAndRegulatoryClaimsMember_3" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_LaborLitigationMember" xlink:label="LaborLitigationMember" xlink:title="LaborLitigationMember" />
    <link:label xlink:type="resource" xlink:label="label_LaborLitigationMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_LaborLitigationMember" xml:lang="en-US" id="label_LaborLitigationMember">This member stands for the information pertaining to provision for labor litigation.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaborLitigationMember" xlink:to="label_LaborLitigationMember" xlink:title="Label : LaborLitigationMember to label_LaborLitigationMember" />
    <link:label xlink:type="resource" xlink:label="label_LaborLitigationMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LaborLitigationMember_1" xml:lang="en-US" id="label_LaborLitigationMember_1">Labor litigation [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaborLitigationMember" xlink:to="label_LaborLitigationMember_1" xlink:title="Label : LaborLitigationMember to label_LaborLitigationMember_1" />
    <link:label xlink:type="resource" xlink:label="label_LaborLitigationMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LaborLitigationMember_2" xml:lang="en-US" id="label_LaborLitigationMember_2">Labor litigation [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaborLitigationMember" xlink:to="label_LaborLitigationMember_2" xlink:title="Label : LaborLitigationMember to label_LaborLitigationMember_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_MiscellaneousOtherProvisionsMember" xlink:label="MiscellaneousOtherProvisionsMember" xlink:title="MiscellaneousOtherProvisionsMember" />
    <link:label xlink:type="resource" xlink:label="label_MiscellaneousOtherProvisionsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_MiscellaneousOtherProvisionsMember" xml:lang="en-US" id="label_MiscellaneousOtherProvisionsMember">Others [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MiscellaneousOtherProvisionsMember" xlink:to="label_MiscellaneousOtherProvisionsMember" xlink:title="Label : MiscellaneousOtherProvisionsMember to label_MiscellaneousOtherProvisionsMember" />
    <link:label xlink:type="resource" xlink:label="label_MiscellaneousOtherProvisionsMember_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MiscellaneousOtherProvisionsMember_1" xml:lang="en-US" id="label_MiscellaneousOtherProvisionsMember_1">Miscellaneous other provisions [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MiscellaneousOtherProvisionsMember" xlink:to="label_MiscellaneousOtherProvisionsMember_1" xlink:title="Label : MiscellaneousOtherProvisionsMember to label_MiscellaneousOtherProvisionsMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_UnusedProvisionReversedOtherProvisions" xlink:label="UnusedProvisionReversedOtherProvisions" xlink:title="UnusedProvisionReversedOtherProvisions" />
    <link:label xlink:type="resource" xlink:label="label_UnusedProvisionReversedOtherProvisions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_UnusedProvisionReversedOtherProvisions" xml:lang="en-US" id="label_UnusedProvisionReversedOtherProvisions">Unused provision reversed, other provisions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UnusedProvisionReversedOtherProvisions" xlink:to="label_UnusedProvisionReversedOtherProvisions" xlink:title="Label : UnusedProvisionReversedOtherProvisions to label_UnusedProvisionReversedOtherProvisions" />
    <link:label xlink:type="resource" xlink:label="label_UnusedProvisionReversedOtherProvisions_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_UnusedProvisionReversedOtherProvisions_1" xml:lang="en-US" id="label_UnusedProvisionReversedOtherProvisions_1">Reversals</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UnusedProvisionReversedOtherProvisions" xlink:to="label_UnusedProvisionReversedOtherProvisions_1" xlink:title="Label : UnusedProvisionReversedOtherProvisions to label_UnusedProvisionReversedOtherProvisions_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_TaxMattersMember" xlink:label="TaxMattersMember" xlink:title="TaxMattersMember" />
    <link:label xlink:type="resource" xlink:label="label_TaxMattersMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TaxMattersMember" xml:lang="en-US" id="label_TaxMattersMember">Tax matters [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxMattersMember" xlink:to="label_TaxMattersMember" xlink:title="Label : TaxMattersMember to label_TaxMattersMember" />
    <link:label xlink:type="resource" xlink:label="label_TaxMattersMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TaxMattersMember_1" xml:lang="en-US" id="label_TaxMattersMember_1">Tax matters [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxMattersMember" xlink:to="label_TaxMattersMember_1" xlink:title="Label : TaxMattersMember to label_TaxMattersMember_1" />
    <link:label xlink:type="resource" xlink:label="label_TaxMattersMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_TaxMattersMember_2" xml:lang="en-US" id="label_TaxMattersMember_2">This member stands for the information pertaining to tax matters.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxMattersMember" xlink:to="label_TaxMattersMember_2" xlink:title="Label : TaxMattersMember to label_TaxMattersMember_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfContingentLiabilitiesTable" xlink:label="DisclosureOfContingentLiabilitiesTable" xlink:title="DisclosureOfContingentLiabilitiesTable" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfContingentLiabilitiesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfContingentLiabilitiesTable" xml:lang="en-US" id="label_DisclosureOfContingentLiabilitiesTable">Disclosure of contingent liabilities [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfContingentLiabilitiesTable" xlink:to="label_DisclosureOfContingentLiabilitiesTable" xlink:title="Label : DisclosureOfContingentLiabilitiesTable to label_DisclosureOfContingentLiabilitiesTable" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_CiaUltragazAndBahianaMember" xlink:label="CiaUltragazAndBahianaMember" xlink:title="CiaUltragazAndBahianaMember" />
    <link:label xlink:type="resource" xlink:label="label_CiaUltragazAndBahianaMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_CiaUltragazAndBahianaMember" xml:lang="en-US" id="label_CiaUltragazAndBahianaMember">This member stands for the information pertaining to Cia. Ultragaz and Bahiana.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CiaUltragazAndBahianaMember" xlink:to="label_CiaUltragazAndBahianaMember" xlink:title="Label : CiaUltragazAndBahianaMember to label_CiaUltragazAndBahianaMember" />
    <link:label xlink:type="resource" xlink:label="label_CiaUltragazAndBahianaMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CiaUltragazAndBahianaMember_1" xml:lang="en-US" id="label_CiaUltragazAndBahianaMember_1">Cia. Ultragaz and Bahiana [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CiaUltragazAndBahianaMember" xlink:to="label_CiaUltragazAndBahianaMember_1" xlink:title="Label : CiaUltragazAndBahianaMember to label_CiaUltragazAndBahianaMember_1" />
    <link:label xlink:type="resource" xlink:label="label_CiaUltragazAndBahianaMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CiaUltragazAndBahianaMember_2" xml:lang="en-US" id="label_CiaUltragazAndBahianaMember_2">Cia. Ultragaz and Bahiana [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CiaUltragazAndBahianaMember" xlink:to="label_CiaUltragazAndBahianaMember_2" xlink:title="Label : CiaUltragazAndBahianaMember to label_CiaUltragazAndBahianaMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ThreeEmployeesAndOneFormerEmployeeMember" xlink:label="ThreeEmployeesAndOneFormerEmployeeMember" xlink:title="ThreeEmployeesAndOneFormerEmployeeMember" />
    <link:label xlink:type="resource" xlink:label="label_ThreeEmployeesAndOneFormerEmployeeMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ThreeEmployeesAndOneFormerEmployeeMember" xml:lang="en-US" id="label_ThreeEmployeesAndOneFormerEmployeeMember">This member stands for the information pertaining to three employees and one former employee.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ThreeEmployeesAndOneFormerEmployeeMember" xlink:to="label_ThreeEmployeesAndOneFormerEmployeeMember" xlink:title="Label : ThreeEmployeesAndOneFormerEmployeeMember to label_ThreeEmployeesAndOneFormerEmployeeMember" />
    <link:label xlink:type="resource" xlink:label="label_ThreeEmployeesAndOneFormerEmployeeMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ThreeEmployeesAndOneFormerEmployeeMember_1" xml:lang="en-US" id="label_ThreeEmployeesAndOneFormerEmployeeMember_1">Three employees and one former employee [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ThreeEmployeesAndOneFormerEmployeeMember" xlink:to="label_ThreeEmployeesAndOneFormerEmployeeMember_1" xlink:title="Label : ThreeEmployeesAndOneFormerEmployeeMember to label_ThreeEmployeesAndOneFormerEmployeeMember_1" />
    <link:label xlink:type="resource" xlink:label="label_ThreeEmployeesAndOneFormerEmployeeMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ThreeEmployeesAndOneFormerEmployeeMember_2" xml:lang="en-US" id="label_ThreeEmployeesAndOneFormerEmployeeMember_2">Three employees and one former employee [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ThreeEmployeesAndOneFormerEmployeeMember" xlink:to="label_ThreeEmployeesAndOneFormerEmployeeMember_2" xlink:title="Label : ThreeEmployeesAndOneFormerEmployeeMember to label_ThreeEmployeesAndOneFormerEmployeeMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_TwoFormerEmployeesEachMember" xlink:label="TwoFormerEmployeesEachMember" xlink:title="TwoFormerEmployeesEachMember" />
    <link:label xlink:type="resource" xlink:label="label_TwoFormerEmployeesEachMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_TwoFormerEmployeesEachMember" xml:lang="en-US" id="label_TwoFormerEmployeesEachMember">This member stands for the information pertaining to two former employees.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TwoFormerEmployeesEachMember" xlink:to="label_TwoFormerEmployeesEachMember" xlink:title="Label : TwoFormerEmployeesEachMember to label_TwoFormerEmployeesEachMember" />
    <link:label xlink:type="resource" xlink:label="label_TwoFormerEmployeesEachMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TwoFormerEmployeesEachMember_1" xml:lang="en-US" id="label_TwoFormerEmployeesEachMember_1">Two former employees, each [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TwoFormerEmployeesEachMember" xlink:to="label_TwoFormerEmployeesEachMember_1" xlink:title="Label : TwoFormerEmployeesEachMember to label_TwoFormerEmployeesEachMember_1" />
    <link:label xlink:type="resource" xlink:label="label_TwoFormerEmployeesEachMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TwoFormerEmployeesEachMember_2" xml:lang="en-US" id="label_TwoFormerEmployeesEachMember_2">Two former employees, each [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TwoFormerEmployeesEachMember" xlink:to="label_TwoFormerEmployeesEachMember_2" xlink:title="Label : TwoFormerEmployeesEachMember to label_TwoFormerEmployeesEachMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ChevronAndSubsidiaryIPPMember" xlink:label="ChevronAndSubsidiaryIPPMember" xlink:title="ChevronAndSubsidiaryIPPMember" />
    <link:label xlink:type="resource" xlink:label="label_ChevronAndSubsidiaryIPPMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ChevronAndSubsidiaryIPPMember" xml:lang="en-US" id="label_ChevronAndSubsidiaryIPPMember">Chevron and Subsidiary I P P [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChevronAndSubsidiaryIPPMember" xlink:to="label_ChevronAndSubsidiaryIPPMember" xlink:title="Label : ChevronAndSubsidiaryIPPMember to label_ChevronAndSubsidiaryIPPMember" />
    <link:label xlink:type="resource" xlink:label="label_ChevronAndSubsidiaryIPPMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ChevronAndSubsidiaryIPPMember_1" xml:lang="en-US" id="label_ChevronAndSubsidiaryIPPMember_1">Chevron and subsidiary IPP [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChevronAndSubsidiaryIPPMember" xlink:to="label_ChevronAndSubsidiaryIPPMember_1" xlink:title="Label : ChevronAndSubsidiaryIPPMember to label_ChevronAndSubsidiaryIPPMember_1" />
    <link:label xlink:type="resource" xlink:label="label_ChevronAndSubsidiaryIPPMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ChevronAndSubsidiaryIPPMember_2" xml:lang="en-US" id="label_ChevronAndSubsidiaryIPPMember_2">This member stands for the information pertaining to Chevron and subsidiary IPP.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChevronAndSubsidiaryIPPMember" xlink:to="label_ChevronAndSubsidiaryIPPMember_2" xlink:title="Label : ChevronAndSubsidiaryIPPMember to label_ChevronAndSubsidiaryIPPMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_SubsidiaryIPPMember" xlink:label="SubsidiaryIPPMember" xlink:title="SubsidiaryIPPMember" />
    <link:label xlink:type="resource" xlink:label="label_SubsidiaryIPPMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SubsidiaryIPPMember" xml:lang="en-US" id="label_SubsidiaryIPPMember">Subsidiary I P P [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubsidiaryIPPMember" xlink:to="label_SubsidiaryIPPMember" xlink:title="Label : SubsidiaryIPPMember to label_SubsidiaryIPPMember" />
    <link:label xlink:type="resource" xlink:label="label_SubsidiaryIPPMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_SubsidiaryIPPMember_1" xml:lang="en-US" id="label_SubsidiaryIPPMember_1">Subsidiary IPP [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubsidiaryIPPMember" xlink:to="label_SubsidiaryIPPMember_1" xlink:title="Label : SubsidiaryIPPMember to label_SubsidiaryIPPMember_1" />
    <link:label xlink:type="resource" xlink:label="label_SubsidiaryIPPMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_SubsidiaryIPPMember_2" xml:lang="en-US" id="label_SubsidiaryIPPMember_2">This member stands for the information pertaining to Subsidiary IPP.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubsidiaryIPPMember" xlink:to="label_SubsidiaryIPPMember_2" xlink:title="Label : SubsidiaryIPPMember to label_SubsidiaryIPPMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_FisheriesManagementProjectMember" xlink:label="FisheriesManagementProjectMember" xlink:title="FisheriesManagementProjectMember" />
    <link:label xlink:type="resource" xlink:label="label_FisheriesManagementProjectMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_FisheriesManagementProjectMember" xml:lang="en-US" id="label_FisheriesManagementProjectMember">This member stands for the information pertaining to Fisheries Management Project.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FisheriesManagementProjectMember" xlink:to="label_FisheriesManagementProjectMember" xlink:title="Label : FisheriesManagementProjectMember to label_FisheriesManagementProjectMember" />
    <link:label xlink:type="resource" xlink:label="label_FisheriesManagementProjectMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_FisheriesManagementProjectMember_1" xml:lang="en-US" id="label_FisheriesManagementProjectMember_1">Fisheries management project [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FisheriesManagementProjectMember" xlink:to="label_FisheriesManagementProjectMember_1" xlink:title="Label : FisheriesManagementProjectMember to label_FisheriesManagementProjectMember_1" />
    <link:label xlink:type="resource" xlink:label="label_FisheriesManagementProjectMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FisheriesManagementProjectMember_2" xml:lang="en-US" id="label_FisheriesManagementProjectMember_2">Fisheries Management Project [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FisheriesManagementProjectMember" xlink:to="label_FisheriesManagementProjectMember_2" xlink:title="Label : FisheriesManagementProjectMember to label_FisheriesManagementProjectMember_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfContingentLiabilitiesLineItems" xlink:label="DisclosureOfContingentLiabilitiesLineItems" xlink:title="DisclosureOfContingentLiabilitiesLineItems" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfContingentLiabilitiesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfContingentLiabilitiesLineItems" xml:lang="en-US" id="label_DisclosureOfContingentLiabilitiesLineItems">Disclosure of contingent liabilities [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfContingentLiabilitiesLineItems" xlink:to="label_DisclosureOfContingentLiabilitiesLineItems" xlink:title="Label : DisclosureOfContingentLiabilitiesLineItems to label_DisclosureOfContingentLiabilitiesLineItems" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_EscrowDepositsMadeUnderPreLiminaryInjunction" xlink:label="EscrowDepositsMadeUnderPreLiminaryInjunction" xlink:title="EscrowDepositsMadeUnderPreLiminaryInjunction" />
    <link:label xlink:type="resource" xlink:label="label_EscrowDepositsMadeUnderPreLiminaryInjunction" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_EscrowDepositsMadeUnderPreLiminaryInjunction" xml:lang="en-US" id="label_EscrowDepositsMadeUnderPreLiminaryInjunction">The amount of escrow deposits made under preliminary injunction.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EscrowDepositsMadeUnderPreLiminaryInjunction" xlink:to="label_EscrowDepositsMadeUnderPreLiminaryInjunction" xlink:title="Label : EscrowDepositsMadeUnderPreLiminaryInjunction to label_EscrowDepositsMadeUnderPreLiminaryInjunction" />
    <link:label xlink:type="resource" xlink:label="label_EscrowDepositsMadeUnderPreLiminaryInjunction_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_EscrowDepositsMadeUnderPreLiminaryInjunction_1" xml:lang="en-US" id="label_EscrowDepositsMadeUnderPreLiminaryInjunction_1">Escrow deposits made under preliminary injunction</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EscrowDepositsMadeUnderPreLiminaryInjunction" xlink:to="label_EscrowDepositsMadeUnderPreLiminaryInjunction_1" xlink:title="Label : EscrowDepositsMadeUnderPreLiminaryInjunction to label_EscrowDepositsMadeUnderPreLiminaryInjunction_1" />
    <link:label xlink:type="resource" xlink:label="label_EscrowDepositsMadeUnderPreLiminaryInjunction_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EscrowDepositsMadeUnderPreLiminaryInjunction_2" xml:lang="en-US" id="label_EscrowDepositsMadeUnderPreLiminaryInjunction_2">Escrow deposits made under pre liminary injunction</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EscrowDepositsMadeUnderPreLiminaryInjunction" xlink:to="label_EscrowDepositsMadeUnderPreLiminaryInjunction_2" xlink:title="Label : EscrowDepositsMadeUnderPreLiminaryInjunction to label_EscrowDepositsMadeUnderPreLiminaryInjunction_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ProvisionsForLawsuitsAndAdministrativeProceedings" xlink:label="ProvisionsForLawsuitsAndAdministrativeProceedings" xlink:title="ProvisionsForLawsuitsAndAdministrativeProceedings" />
    <link:label xlink:type="resource" xlink:label="label_ProvisionsForLawsuitsAndAdministrativeProceedings" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ProvisionsForLawsuitsAndAdministrativeProceedings" xml:lang="en-US" id="label_ProvisionsForLawsuitsAndAdministrativeProceedings">The amount of provisions for lawsuits and administrative proceedings.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionsForLawsuitsAndAdministrativeProceedings" xlink:to="label_ProvisionsForLawsuitsAndAdministrativeProceedings" xlink:title="Label : ProvisionsForLawsuitsAndAdministrativeProceedings to label_ProvisionsForLawsuitsAndAdministrativeProceedings" />
    <link:label xlink:type="resource" xlink:label="label_ProvisionsForLawsuitsAndAdministrativeProceedings_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ProvisionsForLawsuitsAndAdministrativeProceedings_1" xml:lang="en-US" id="label_ProvisionsForLawsuitsAndAdministrativeProceedings_1">Provisions for lawsuits and administrative proceedings</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionsForLawsuitsAndAdministrativeProceedings" xlink:to="label_ProvisionsForLawsuitsAndAdministrativeProceedings_1" xlink:title="Label : ProvisionsForLawsuitsAndAdministrativeProceedings to label_ProvisionsForLawsuitsAndAdministrativeProceedings_1" />
    <link:label xlink:type="resource" xlink:label="label_ProvisionsForLawsuitsAndAdministrativeProceedings_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ProvisionsForLawsuitsAndAdministrativeProceedings_2" xml:lang="en-US" id="label_ProvisionsForLawsuitsAndAdministrativeProceedings_2">Provisions for lawsuits and administrative proceedings</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionsForLawsuitsAndAdministrativeProceedings" xlink:to="label_ProvisionsForLawsuitsAndAdministrativeProceedings_2" xlink:title="Label : ProvisionsForLawsuitsAndAdministrativeProceedings to label_ProvisionsForLawsuitsAndAdministrativeProceedings_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ProvisionsForLaborLitigationFiledByFormerEmployees" xlink:label="ProvisionsForLaborLitigationFiledByFormerEmployees" xlink:title="ProvisionsForLaborLitigationFiledByFormerEmployees" />
    <link:label xlink:type="resource" xlink:label="label_ProvisionsForLaborLitigationFiledByFormerEmployees" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ProvisionsForLaborLitigationFiledByFormerEmployees" xml:lang="en-US" id="label_ProvisionsForLaborLitigationFiledByFormerEmployees">The amount of provisions for labor litigation filed by former employees.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionsForLaborLitigationFiledByFormerEmployees" xlink:to="label_ProvisionsForLaborLitigationFiledByFormerEmployees" xlink:title="Label : ProvisionsForLaborLitigationFiledByFormerEmployees to label_ProvisionsForLaborLitigationFiledByFormerEmployees" />
    <link:label xlink:type="resource" xlink:label="label_ProvisionsForLaborLitigationFiledByFormerEmployees_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ProvisionsForLaborLitigationFiledByFormerEmployees_1" xml:lang="en-US" id="label_ProvisionsForLaborLitigationFiledByFormerEmployees_1">Provisions for labor litigation filed by former employees</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionsForLaborLitigationFiledByFormerEmployees" xlink:to="label_ProvisionsForLaborLitigationFiledByFormerEmployees_1" xlink:title="Label : ProvisionsForLaborLitigationFiledByFormerEmployees to label_ProvisionsForLaborLitigationFiledByFormerEmployees_1" />
    <link:label xlink:type="resource" xlink:label="label_ProvisionsForLaborLitigationFiledByFormerEmployees_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ProvisionsForLaborLitigationFiledByFormerEmployees_2" xml:lang="en-US" id="label_ProvisionsForLaborLitigationFiledByFormerEmployees_2">Provisions for labor litigation filed by former employees</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionsForLaborLitigationFiledByFormerEmployees" xlink:to="label_ProvisionsForLaborLitigationFiledByFormerEmployees_2" xlink:title="Label : ProvisionsForLaborLitigationFiledByFormerEmployees to label_ProvisionsForLaborLitigationFiledByFormerEmployees_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_PossibleContingency" xlink:label="PossibleContingency" xlink:title="PossibleContingency" />
    <link:label xlink:type="resource" xlink:label="label_PossibleContingency" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_PossibleContingency" xml:lang="en-US" id="label_PossibleContingency">The amount of possible loss contingency for contingent liabilities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PossibleContingency" xlink:to="label_PossibleContingency" xlink:title="Label : PossibleContingency to label_PossibleContingency" />
    <link:label xlink:type="resource" xlink:label="label_PossibleContingency_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_PossibleContingency_1" xml:lang="en-US" id="label_PossibleContingency_1">Possible contingency</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PossibleContingency" xlink:to="label_PossibleContingency_1" xlink:title="Label : PossibleContingency to label_PossibleContingency_1" />
    <link:label xlink:type="resource" xlink:label="label_PossibleContingency_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PossibleContingency_2" xml:lang="en-US" id="label_PossibleContingency_2">Possible contingency</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PossibleContingency" xlink:to="label_PossibleContingency_2" xlink:title="Label : PossibleContingency to label_PossibleContingency_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_PercentageOfPossibleLossContingency" xlink:label="PercentageOfPossibleLossContingency" xlink:title="PercentageOfPossibleLossContingency" />
    <link:label xlink:type="resource" xlink:label="label_PercentageOfPossibleLossContingency" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_PercentageOfPossibleLossContingency" xml:lang="en-US" id="label_PercentageOfPossibleLossContingency">The percentage of possible loss contingency for contingent liabilities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfPossibleLossContingency" xlink:to="label_PercentageOfPossibleLossContingency" xlink:title="Label : PercentageOfPossibleLossContingency to label_PercentageOfPossibleLossContingency" />
    <link:label xlink:type="resource" xlink:label="label_PercentageOfPossibleLossContingency_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_PercentageOfPossibleLossContingency_1" xml:lang="en-US" id="label_PercentageOfPossibleLossContingency_1">Percentage of possible loss contingency</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfPossibleLossContingency" xlink:to="label_PercentageOfPossibleLossContingency_1" xlink:title="Label : PercentageOfPossibleLossContingency to label_PercentageOfPossibleLossContingency_1" />
    <link:label xlink:type="resource" xlink:label="label_PercentageOfPossibleLossContingency_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PercentageOfPossibleLossContingency_2" xml:lang="en-US" id="label_PercentageOfPossibleLossContingency_2">Percentage of possible loss contingency</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfPossibleLossContingency" xlink:to="label_PercentageOfPossibleLossContingency_2" xlink:title="Label : PercentageOfPossibleLossContingency to label_PercentageOfPossibleLossContingency_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ContingentLiabilitiesForTaxMattersAndSocialSecurity" xlink:label="ContingentLiabilitiesForTaxMattersAndSocialSecurity" xlink:title="ContingentLiabilitiesForTaxMattersAndSocialSecurity" />
    <link:label xlink:type="resource" xlink:label="label_ContingentLiabilitiesForTaxMattersAndSocialSecurity" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ContingentLiabilitiesForTaxMattersAndSocialSecurity" xml:lang="en-US" id="label_ContingentLiabilitiesForTaxMattersAndSocialSecurity">The amount of contingent liabilities for tax matters and social security.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContingentLiabilitiesForTaxMattersAndSocialSecurity" xlink:to="label_ContingentLiabilitiesForTaxMattersAndSocialSecurity" xlink:title="Label : ContingentLiabilitiesForTaxMattersAndSocialSecurity to label_ContingentLiabilitiesForTaxMattersAndSocialSecurity" />
    <link:label xlink:type="resource" xlink:label="label_ContingentLiabilitiesForTaxMattersAndSocialSecurity_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ContingentLiabilitiesForTaxMattersAndSocialSecurity_1" xml:lang="en-US" id="label_ContingentLiabilitiesForTaxMattersAndSocialSecurity_1">Contingent liabilities for tax matters and social security</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContingentLiabilitiesForTaxMattersAndSocialSecurity" xlink:to="label_ContingentLiabilitiesForTaxMattersAndSocialSecurity_1" xlink:title="Label : ContingentLiabilitiesForTaxMattersAndSocialSecurity to label_ContingentLiabilitiesForTaxMattersAndSocialSecurity_1" />
    <link:label xlink:type="resource" xlink:label="label_ContingentLiabilitiesForTaxMattersAndSocialSecurity_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ContingentLiabilitiesForTaxMattersAndSocialSecurity_2" xml:lang="en-US" id="label_ContingentLiabilitiesForTaxMattersAndSocialSecurity_2">Contingent liabilities for tax matters and social security</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContingentLiabilitiesForTaxMattersAndSocialSecurity" xlink:to="label_ContingentLiabilitiesForTaxMattersAndSocialSecurity_2" xlink:title="Label : ContingentLiabilitiesForTaxMattersAndSocialSecurity to label_ContingentLiabilitiesForTaxMattersAndSocialSecurity_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_IpiContingency" xlink:label="IpiContingency" xlink:title="IpiContingency" />
    <link:label xlink:type="resource" xlink:label="label_IpiContingency" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_IpiContingency" xml:lang="en-US" id="label_IpiContingency">The amount of IPI contingency.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IpiContingency" xlink:to="label_IpiContingency" xlink:title="Label : IpiContingency to label_IpiContingency" />
    <link:label xlink:type="resource" xlink:label="label_IpiContingency_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IpiContingency_1" xml:lang="en-US" id="label_IpiContingency_1">IPIContingency</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IpiContingency" xlink:to="label_IpiContingency_1" xlink:title="Label : IpiContingency to label_IpiContingency_1" />
    <link:label xlink:type="resource" xlink:label="label_IpiContingency_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IpiContingency_2" xml:lang="en-US" id="label_IpiContingency_2">Ipi Contingency</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IpiContingency" xlink:to="label_IpiContingency_2" xlink:title="Label : IpiContingency to label_IpiContingency_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_LegalProceedingsRelatedToIcms" xlink:label="LegalProceedingsRelatedToIcms" xlink:title="LegalProceedingsRelatedToIcms" />
    <link:label xlink:type="resource" xlink:label="label_LegalProceedingsRelatedToIcms" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_LegalProceedingsRelatedToIcms" xml:lang="en-US" id="label_LegalProceedingsRelatedToIcms">The amount of legal proceedings related to Icms for contingent liabilities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LegalProceedingsRelatedToIcms" xlink:to="label_LegalProceedingsRelatedToIcms" xlink:title="Label : LegalProceedingsRelatedToIcms to label_LegalProceedingsRelatedToIcms" />
    <link:label xlink:type="resource" xlink:label="label_LegalProceedingsRelatedToIcms_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LegalProceedingsRelatedToIcms_1" xml:lang="en-US" id="label_LegalProceedingsRelatedToIcms_1">Legal Proceedings Related To Icms</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LegalProceedingsRelatedToIcms" xlink:to="label_LegalProceedingsRelatedToIcms_1" xlink:title="Label : LegalProceedingsRelatedToIcms to label_LegalProceedingsRelatedToIcms_1" />
    <link:label xlink:type="resource" xlink:label="label_LegalProceedingsRelatedToIcms_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LegalProceedingsRelatedToIcms_2" xml:lang="en-US" id="label_LegalProceedingsRelatedToIcms_2">Legal Proceedings Related to Icms</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LegalProceedingsRelatedToIcms" xlink:to="label_LegalProceedingsRelatedToIcms_2" xlink:title="Label : LegalProceedingsRelatedToIcms to label_LegalProceedingsRelatedToIcms_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_IcmsCredits" xlink:label="IcmsCredits" xlink:title="IcmsCredits" />
    <link:label xlink:type="resource" xlink:label="label_IcmsCredits" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_IcmsCredits" xml:lang="en-US" id="label_IcmsCredits">The amount of Icms credits for contingent liabilities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IcmsCredits" xlink:to="label_IcmsCredits" xlink:title="Label : IcmsCredits to label_IcmsCredits" />
    <link:label xlink:type="resource" xlink:label="label_IcmsCredits_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IcmsCredits_1" xml:lang="en-US" id="label_IcmsCredits_1">ICMS credits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IcmsCredits" xlink:to="label_IcmsCredits_1" xlink:title="Label : IcmsCredits to label_IcmsCredits_1" />
    <link:label xlink:type="resource" xlink:label="label_IcmsCredits_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IcmsCredits_2" xml:lang="en-US" id="label_IcmsCredits_2">Icms credits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IcmsCredits" xlink:to="label_IcmsCredits_2" xlink:title="Label : IcmsCredits to label_IcmsCredits_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ReversalOfICMSCredits" xlink:label="ReversalOfICMSCredits" xlink:title="ReversalOfICMSCredits" />
    <link:label xlink:type="resource" xlink:label="label_ReversalOfICMSCredits" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ReversalOfICMSCredits" xml:lang="en-US" id="label_ReversalOfICMSCredits">Reversal of I C M S Credits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReversalOfICMSCredits" xlink:to="label_ReversalOfICMSCredits" xlink:title="Label : ReversalOfICMSCredits to label_ReversalOfICMSCredits" />
    <link:label xlink:type="resource" xlink:label="label_ReversalOfICMSCredits_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ReversalOfICMSCredits_1" xml:lang="en-US" id="label_ReversalOfICMSCredits_1">Reversal of ICMS credits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReversalOfICMSCredits" xlink:to="label_ReversalOfICMSCredits_1" xlink:title="Label : ReversalOfICMSCredits to label_ReversalOfICMSCredits_1" />
    <link:label xlink:type="resource" xlink:label="label_ReversalOfICMSCredits_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ReversalOfICMSCredits_2" xml:lang="en-US" id="label_ReversalOfICMSCredits_2">The reversal amount of ICMS credits for contingent liabilities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReversalOfICMSCredits" xlink:to="label_ReversalOfICMSCredits_2" xlink:title="Label : ReversalOfICMSCredits to label_ReversalOfICMSCredits_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ReversalOfAllegedNonpayment" xlink:label="ReversalOfAllegedNonpayment" xlink:title="ReversalOfAllegedNonpayment" />
    <link:label xlink:type="resource" xlink:label="label_ReversalOfAllegedNonpayment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ReversalOfAllegedNonpayment" xml:lang="en-US" id="label_ReversalOfAllegedNonpayment">Reversal of Alleged Nonpayment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReversalOfAllegedNonpayment" xlink:to="label_ReversalOfAllegedNonpayment" xlink:title="Label : ReversalOfAllegedNonpayment to label_ReversalOfAllegedNonpayment" />
    <link:label xlink:type="resource" xlink:label="label_ReversalOfAllegedNonpayment_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ReversalOfAllegedNonpayment_1" xml:lang="en-US" id="label_ReversalOfAllegedNonpayment_1">Reversal of alleged non-payment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReversalOfAllegedNonpayment" xlink:to="label_ReversalOfAllegedNonpayment_1" xlink:title="Label : ReversalOfAllegedNonpayment to label_ReversalOfAllegedNonpayment_1" />
    <link:label xlink:type="resource" xlink:label="label_ReversalOfAllegedNonpayment_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ReversalOfAllegedNonpayment_2" xml:lang="en-US" id="label_ReversalOfAllegedNonpayment_2">The reversal amount of alleged non-payment for contingent liabilities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReversalOfAllegedNonpayment" xlink:to="label_ReversalOfAllegedNonpayment_2" xlink:title="Label : ReversalOfAllegedNonpayment to label_ReversalOfAllegedNonpayment_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ReversalOfInventoryDifferences" xlink:label="ReversalOfInventoryDifferences" xlink:title="ReversalOfInventoryDifferences" />
    <link:label xlink:type="resource" xlink:label="label_ReversalOfInventoryDifferences" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ReversalOfInventoryDifferences" xml:lang="en-US" id="label_ReversalOfInventoryDifferences">The reversal amount of inventory differences for contingent liabilities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReversalOfInventoryDifferences" xlink:to="label_ReversalOfInventoryDifferences" xlink:title="Label : ReversalOfInventoryDifferences to label_ReversalOfInventoryDifferences" />
    <link:label xlink:type="resource" xlink:label="label_ReversalOfInventoryDifferences_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ReversalOfInventoryDifferences_1" xml:lang="en-US" id="label_ReversalOfInventoryDifferences_1">Reversal of inventory differences</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReversalOfInventoryDifferences" xlink:to="label_ReversalOfInventoryDifferences_1" xlink:title="Label : ReversalOfInventoryDifferences to label_ReversalOfInventoryDifferences_1" />
    <link:label xlink:type="resource" xlink:label="label_ReversalOfInventoryDifferences_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ReversalOfInventoryDifferences_2" xml:lang="en-US" id="label_ReversalOfInventoryDifferences_2">Reversal of inventory differences</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReversalOfInventoryDifferences" xlink:to="label_ReversalOfInventoryDifferences_2" xlink:title="Label : ReversalOfInventoryDifferences to label_ReversalOfInventoryDifferences_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ReversalOfConditionedFruitionOfFiscalIncentive" xlink:label="ReversalOfConditionedFruitionOfFiscalIncentive" xlink:title="ReversalOfConditionedFruitionOfFiscalIncentive" />
    <link:label xlink:type="resource" xlink:label="label_ReversalOfConditionedFruitionOfFiscalIncentive" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ReversalOfConditionedFruitionOfFiscalIncentive" xml:lang="en-US" id="label_ReversalOfConditionedFruitionOfFiscalIncentive">The reversal amount of conditioned fruition of fiscal incentive for contingent liabilities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReversalOfConditionedFruitionOfFiscalIncentive" xlink:to="label_ReversalOfConditionedFruitionOfFiscalIncentive" xlink:title="Label : ReversalOfConditionedFruitionOfFiscalIncentive to label_ReversalOfConditionedFruitionOfFiscalIncentive" />
    <link:label xlink:type="resource" xlink:label="label_ReversalOfConditionedFruitionOfFiscalIncentive_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ReversalOfConditionedFruitionOfFiscalIncentive_1" xml:lang="en-US" id="label_ReversalOfConditionedFruitionOfFiscalIncentive_1">Reversal of conditioned fruition of fiscal incentive</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReversalOfConditionedFruitionOfFiscalIncentive" xlink:to="label_ReversalOfConditionedFruitionOfFiscalIncentive_1" xlink:title="Label : ReversalOfConditionedFruitionOfFiscalIncentive to label_ReversalOfConditionedFruitionOfFiscalIncentive_1" />
    <link:label xlink:type="resource" xlink:label="label_ReversalOfConditionedFruitionOfFiscalIncentive_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ReversalOfConditionedFruitionOfFiscalIncentive_2" xml:lang="en-US" id="label_ReversalOfConditionedFruitionOfFiscalIncentive_2">Reversal of conditioned fruition of fiscal incentive</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReversalOfConditionedFruitionOfFiscalIncentive" xlink:to="label_ReversalOfConditionedFruitionOfFiscalIncentive_2" xlink:title="Label : ReversalOfConditionedFruitionOfFiscalIncentive to label_ReversalOfConditionedFruitionOfFiscalIncentive_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_OffsetClaimsAndCreditDisallowances" xlink:label="OffsetClaimsAndCreditDisallowances" xlink:title="OffsetClaimsAndCreditDisallowances" />
    <link:label xlink:type="resource" xlink:label="label_OffsetClaimsAndCreditDisallowances" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OffsetClaimsAndCreditDisallowances" xml:lang="en-US" id="label_OffsetClaimsAndCreditDisallowances">Offset claims and credit disallowances</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OffsetClaimsAndCreditDisallowances" xlink:to="label_OffsetClaimsAndCreditDisallowances" xlink:title="Label : OffsetClaimsAndCreditDisallowances to label_OffsetClaimsAndCreditDisallowances" />
    <link:label xlink:type="resource" xlink:label="label_OffsetClaimsAndCreditDisallowances_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OffsetClaimsAndCreditDisallowances_1" xml:lang="en-US" id="label_OffsetClaimsAndCreditDisallowances_1">Offset claims and credit dis-allowances</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OffsetClaimsAndCreditDisallowances" xlink:to="label_OffsetClaimsAndCreditDisallowances_1" xlink:title="Label : OffsetClaimsAndCreditDisallowances to label_OffsetClaimsAndCreditDisallowances_1" />
    <link:label xlink:type="resource" xlink:label="label_OffsetClaimsAndCreditDisallowances_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_OffsetClaimsAndCreditDisallowances_2" xml:lang="en-US" id="label_OffsetClaimsAndCreditDisallowances_2">The amount of offset claims and credit disallowances.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OffsetClaimsAndCreditDisallowances" xlink:to="label_OffsetClaimsAndCreditDisallowances_2" xlink:title="Label : OffsetClaimsAndCreditDisallowances to label_OffsetClaimsAndCreditDisallowances_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AmortizationOfGoodwillPaidOnAcquisitionOfSubsidiary" xlink:label="AmortizationOfGoodwillPaidOnAcquisitionOfSubsidiary" xlink:title="AmortizationOfGoodwillPaidOnAcquisitionOfSubsidiary" />
    <link:label xlink:type="resource" xlink:label="label_AmortizationOfGoodwillPaidOnAcquisitionOfSubsidiary" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AmortizationOfGoodwillPaidOnAcquisitionOfSubsidiary" xml:lang="en-US" id="label_AmortizationOfGoodwillPaidOnAcquisitionOfSubsidiary">The amount of amortization of goodwill paid on acquisition of subsidiary for contingent liabilities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmortizationOfGoodwillPaidOnAcquisitionOfSubsidiary" xlink:to="label_AmortizationOfGoodwillPaidOnAcquisitionOfSubsidiary" xlink:title="Label : AmortizationOfGoodwillPaidOnAcquisitionOfSubsidiary to label_AmortizationOfGoodwillPaidOnAcquisitionOfSubsidiary" />
    <link:label xlink:type="resource" xlink:label="label_AmortizationOfGoodwillPaidOnAcquisitionOfSubsidiary_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AmortizationOfGoodwillPaidOnAcquisitionOfSubsidiary_1" xml:lang="en-US" id="label_AmortizationOfGoodwillPaidOnAcquisitionOfSubsidiary_1">Amortization of goodwill paid on acquisition of subsidiary</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmortizationOfGoodwillPaidOnAcquisitionOfSubsidiary" xlink:to="label_AmortizationOfGoodwillPaidOnAcquisitionOfSubsidiary_1" xlink:title="Label : AmortizationOfGoodwillPaidOnAcquisitionOfSubsidiary to label_AmortizationOfGoodwillPaidOnAcquisitionOfSubsidiary_1" />
    <link:label xlink:type="resource" xlink:label="label_AmortizationOfGoodwillPaidOnAcquisitionOfSubsidiary_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AmortizationOfGoodwillPaidOnAcquisitionOfSubsidiary_2" xml:lang="en-US" id="label_AmortizationOfGoodwillPaidOnAcquisitionOfSubsidiary_2">Amortization of goodwill paid on acquisition of subsidiary</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmortizationOfGoodwillPaidOnAcquisitionOfSubsidiary" xlink:to="label_AmortizationOfGoodwillPaidOnAcquisitionOfSubsidiary_2" xlink:title="Label : AmortizationOfGoodwillPaidOnAcquisitionOfSubsidiary to label_AmortizationOfGoodwillPaidOnAcquisitionOfSubsidiary_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ContingentLiabilitiesForCivilEnvironmentalAndRegulatoryClaims" xlink:label="ContingentLiabilitiesForCivilEnvironmentalAndRegulatoryClaims" xlink:title="ContingentLiabilitiesForCivilEnvironmentalAndRegulatoryClaims" />
    <link:label xlink:type="resource" xlink:label="label_ContingentLiabilitiesForCivilEnvironmentalAndRegulatoryClaims" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ContingentLiabilitiesForCivilEnvironmentalAndRegulatoryClaims" xml:lang="en-US" id="label_ContingentLiabilitiesForCivilEnvironmentalAndRegulatoryClaims">The amount of contingent liabilities for civil environmental and regulatory claims.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContingentLiabilitiesForCivilEnvironmentalAndRegulatoryClaims" xlink:to="label_ContingentLiabilitiesForCivilEnvironmentalAndRegulatoryClaims" xlink:title="Label : ContingentLiabilitiesForCivilEnvironmentalAndRegulatoryClaims to label_ContingentLiabilitiesForCivilEnvironmentalAndRegulatoryClaims" />
    <link:label xlink:type="resource" xlink:label="label_ContingentLiabilitiesForCivilEnvironmentalAndRegulatoryClaims_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ContingentLiabilitiesForCivilEnvironmentalAndRegulatoryClaims_1" xml:lang="en-US" id="label_ContingentLiabilitiesForCivilEnvironmentalAndRegulatoryClaims_1">Contingent liabilities for civil, environmental and regulatory claims</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContingentLiabilitiesForCivilEnvironmentalAndRegulatoryClaims" xlink:to="label_ContingentLiabilitiesForCivilEnvironmentalAndRegulatoryClaims_1" xlink:title="Label : ContingentLiabilitiesForCivilEnvironmentalAndRegulatoryClaims to label_ContingentLiabilitiesForCivilEnvironmentalAndRegulatoryClaims_1" />
    <link:label xlink:type="resource" xlink:label="label_ContingentLiabilitiesForCivilEnvironmentalAndRegulatoryClaims_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ContingentLiabilitiesForCivilEnvironmentalAndRegulatoryClaims_2" xml:lang="en-US" id="label_ContingentLiabilitiesForCivilEnvironmentalAndRegulatoryClaims_2">Contingent liabilities for civil environmental and regulatory claims</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContingentLiabilitiesForCivilEnvironmentalAndRegulatoryClaims" xlink:to="label_ContingentLiabilitiesForCivilEnvironmentalAndRegulatoryClaims_2" xlink:title="Label : ContingentLiabilitiesForCivilEnvironmentalAndRegulatoryClaims to label_ContingentLiabilitiesForCivilEnvironmentalAndRegulatoryClaims_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NumberOfLawsuitsFiledForCivilEnvironmentalAndRegulatoryClaims" xlink:label="NumberOfLawsuitsFiledForCivilEnvironmentalAndRegulatoryClaims" xlink:title="NumberOfLawsuitsFiledForCivilEnvironmentalAndRegulatoryClaims" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfLawsuitsFiledForCivilEnvironmentalAndRegulatoryClaims" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NumberOfLawsuitsFiledForCivilEnvironmentalAndRegulatoryClaims" xml:lang="en-US" id="label_NumberOfLawsuitsFiledForCivilEnvironmentalAndRegulatoryClaims">Number of lawsuits for civil, environmental and regulatory claims</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfLawsuitsFiledForCivilEnvironmentalAndRegulatoryClaims" xlink:to="label_NumberOfLawsuitsFiledForCivilEnvironmentalAndRegulatoryClaims" xlink:title="Label : NumberOfLawsuitsFiledForCivilEnvironmentalAndRegulatoryClaims to label_NumberOfLawsuitsFiledForCivilEnvironmentalAndRegulatoryClaims" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfLawsuitsFiledForCivilEnvironmentalAndRegulatoryClaims_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NumberOfLawsuitsFiledForCivilEnvironmentalAndRegulatoryClaims_1" xml:lang="en-US" id="label_NumberOfLawsuitsFiledForCivilEnvironmentalAndRegulatoryClaims_1">Number of lawsuits filed for civil, environmental and regulatory claims</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfLawsuitsFiledForCivilEnvironmentalAndRegulatoryClaims" xlink:to="label_NumberOfLawsuitsFiledForCivilEnvironmentalAndRegulatoryClaims_1" xlink:title="Label : NumberOfLawsuitsFiledForCivilEnvironmentalAndRegulatoryClaims to label_NumberOfLawsuitsFiledForCivilEnvironmentalAndRegulatoryClaims_1" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfLawsuitsFiledForCivilEnvironmentalAndRegulatoryClaims_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_NumberOfLawsuitsFiledForCivilEnvironmentalAndRegulatoryClaims_2" xml:lang="en-US" id="label_NumberOfLawsuitsFiledForCivilEnvironmentalAndRegulatoryClaims_2">The number of lawsuits filed for civil, environmental and regulatory claims for contingent liabilities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfLawsuitsFiledForCivilEnvironmentalAndRegulatoryClaims" xlink:to="label_NumberOfLawsuitsFiledForCivilEnvironmentalAndRegulatoryClaims_2" xlink:title="Label : NumberOfLawsuitsFiledForCivilEnvironmentalAndRegulatoryClaims to label_NumberOfLawsuitsFiledForCivilEnvironmentalAndRegulatoryClaims_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_PenaltyOnUltragaz" xlink:label="PenaltyOnUltragaz" xlink:title="PenaltyOnUltragaz" />
    <link:label xlink:type="resource" xlink:label="label_PenaltyOnUltragaz" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_PenaltyOnUltragaz" xml:lang="en-US" id="label_PenaltyOnUltragaz">The amount of penalty on ultragaz for contingent liabilities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PenaltyOnUltragaz" xlink:to="label_PenaltyOnUltragaz" xlink:title="Label : PenaltyOnUltragaz to label_PenaltyOnUltragaz" />
    <link:label xlink:type="resource" xlink:label="label_PenaltyOnUltragaz_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_PenaltyOnUltragaz_1" xml:lang="en-US" id="label_PenaltyOnUltragaz_1">Penalty on Ultragaz</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PenaltyOnUltragaz" xlink:to="label_PenaltyOnUltragaz_1" xlink:title="Label : PenaltyOnUltragaz to label_PenaltyOnUltragaz_1" />
    <link:label xlink:type="resource" xlink:label="label_PenaltyOnUltragaz_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PenaltyOnUltragaz_2" xml:lang="en-US" id="label_PenaltyOnUltragaz_2">Penalty on ultragaz</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PenaltyOnUltragaz" xlink:to="label_PenaltyOnUltragaz_2" xlink:title="Label : PenaltyOnUltragaz to label_PenaltyOnUltragaz_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LegalProceedingsProvision" xlink:label="LegalProceedingsProvision" xlink:title="LegalProceedingsProvision" />
    <link:label xlink:type="resource" xlink:label="label_LegalProceedingsProvision" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LegalProceedingsProvision" xml:lang="en-US" id="label_LegalProceedingsProvision">Legal proceedings provision</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LegalProceedingsProvision" xlink:to="label_LegalProceedingsProvision" xlink:title="Label : LegalProceedingsProvision to label_LegalProceedingsProvision" />
    <link:label xlink:type="resource" xlink:label="label_LegalProceedingsProvision_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LegalProceedingsProvision_1" xml:lang="en-US" id="label_LegalProceedingsProvision_1">Liability provisions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LegalProceedingsProvision" xlink:to="label_LegalProceedingsProvision_1" xlink:title="Label : LegalProceedingsProvision to label_LegalProceedingsProvision_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ContingentLiabilitiesNotRecognizedToLawsuit" xlink:label="ContingentLiabilitiesNotRecognizedToLawsuit" xlink:title="ContingentLiabilitiesNotRecognizedToLawsuit" />
    <link:label xlink:type="resource" xlink:label="label_ContingentLiabilitiesNotRecognizedToLawsuit" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ContingentLiabilitiesNotRecognizedToLawsuit" xml:lang="en-US" id="label_ContingentLiabilitiesNotRecognizedToLawsuit">The amount of contingent liabilities not recognized to lawsuit.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContingentLiabilitiesNotRecognizedToLawsuit" xlink:to="label_ContingentLiabilitiesNotRecognizedToLawsuit" xlink:title="Label : ContingentLiabilitiesNotRecognizedToLawsuit to label_ContingentLiabilitiesNotRecognizedToLawsuit" />
    <link:label xlink:type="resource" xlink:label="label_ContingentLiabilitiesNotRecognizedToLawsuit_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ContingentLiabilitiesNotRecognizedToLawsuit_1" xml:lang="en-US" id="label_ContingentLiabilitiesNotRecognizedToLawsuit_1">Contingent liabilities not recognized to lawsuits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContingentLiabilitiesNotRecognizedToLawsuit" xlink:to="label_ContingentLiabilitiesNotRecognizedToLawsuit_1" xlink:title="Label : ContingentLiabilitiesNotRecognizedToLawsuit to label_ContingentLiabilitiesNotRecognizedToLawsuit_1" />
    <link:label xlink:type="resource" xlink:label="label_ContingentLiabilitiesNotRecognizedToLawsuit_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ContingentLiabilitiesNotRecognizedToLawsuit_2" xml:lang="en-US" id="label_ContingentLiabilitiesNotRecognizedToLawsuit_2">Contingent liabilities not recognized to lawsuit</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContingentLiabilitiesNotRecognizedToLawsuit" xlink:to="label_ContingentLiabilitiesNotRecognizedToLawsuit_2" xlink:title="Label : ContingentLiabilitiesNotRecognizedToLawsuit to label_ContingentLiabilitiesNotRecognizedToLawsuit_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ContingentLiabilitiesForLaborMatters" xlink:label="ContingentLiabilitiesForLaborMatters" xlink:title="ContingentLiabilitiesForLaborMatters" />
    <link:label xlink:type="resource" xlink:label="label_ContingentLiabilitiesForLaborMatters" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ContingentLiabilitiesForLaborMatters" xml:lang="en-US" id="label_ContingentLiabilitiesForLaborMatters">The amount of contingent liabilities for labor matters.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContingentLiabilitiesForLaborMatters" xlink:to="label_ContingentLiabilitiesForLaborMatters" xlink:title="Label : ContingentLiabilitiesForLaborMatters to label_ContingentLiabilitiesForLaborMatters" />
    <link:label xlink:type="resource" xlink:label="label_ContingentLiabilitiesForLaborMatters_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ContingentLiabilitiesForLaborMatters_1" xml:lang="en-US" id="label_ContingentLiabilitiesForLaborMatters_1">Contingent liabilities for labor matters</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContingentLiabilitiesForLaborMatters" xlink:to="label_ContingentLiabilitiesForLaborMatters_1" xlink:title="Label : ContingentLiabilitiesForLaborMatters to label_ContingentLiabilitiesForLaborMatters_1" />
    <link:label xlink:type="resource" xlink:label="label_ContingentLiabilitiesForLaborMatters_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ContingentLiabilitiesForLaborMatters_2" xml:lang="en-US" id="label_ContingentLiabilitiesForLaborMatters_2">Contingent liabilities for labor matters</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContingentLiabilitiesForLaborMatters" xlink:to="label_ContingentLiabilitiesForLaborMatters_2" xlink:title="Label : ContingentLiabilitiesForLaborMatters to label_ContingentLiabilitiesForLaborMatters_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NumberOfLawsuitsFiledForLaborMatters" xlink:label="NumberOfLawsuitsFiledForLaborMatters" xlink:title="NumberOfLawsuitsFiledForLaborMatters" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfLawsuitsFiledForLaborMatters" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_NumberOfLawsuitsFiledForLaborMatters" xml:lang="en-US" id="label_NumberOfLawsuitsFiledForLaborMatters">The number of lawsuits filed for labor matters for contingent liabilities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfLawsuitsFiledForLaborMatters" xlink:to="label_NumberOfLawsuitsFiledForLaborMatters" xlink:title="Label : NumberOfLawsuitsFiledForLaborMatters to label_NumberOfLawsuitsFiledForLaborMatters" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfLawsuitsFiledForLaborMatters_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NumberOfLawsuitsFiledForLaborMatters_1" xml:lang="en-US" id="label_NumberOfLawsuitsFiledForLaborMatters_1">Number of lawsuits for labor matters</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfLawsuitsFiledForLaborMatters" xlink:to="label_NumberOfLawsuitsFiledForLaborMatters_1" xlink:title="Label : NumberOfLawsuitsFiledForLaborMatters to label_NumberOfLawsuitsFiledForLaborMatters_1" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfLawsuitsFiledForLaborMatters_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NumberOfLawsuitsFiledForLaborMatters_2" xml:lang="en-US" id="label_NumberOfLawsuitsFiledForLaborMatters_2">Number of lawsuits filed for labor matters</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfLawsuitsFiledForLaborMatters" xlink:to="label_NumberOfLawsuitsFiledForLaborMatters_2" xlink:title="Label : NumberOfLawsuitsFiledForLaborMatters to label_NumberOfLawsuitsFiledForLaborMatters_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_PenaltyOnAdministrativeProceedings" xlink:label="PenaltyOnAdministrativeProceedings" xlink:title="PenaltyOnAdministrativeProceedings" />
    <link:label xlink:type="resource" xlink:label="label_PenaltyOnAdministrativeProceedings" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_PenaltyOnAdministrativeProceedings" xml:lang="en-US" id="label_PenaltyOnAdministrativeProceedings">The amount of penalty on administrative proceedings for contingent liabilities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PenaltyOnAdministrativeProceedings" xlink:to="label_PenaltyOnAdministrativeProceedings" xlink:title="Label : PenaltyOnAdministrativeProceedings to label_PenaltyOnAdministrativeProceedings" />
    <link:label xlink:type="resource" xlink:label="label_PenaltyOnAdministrativeProceedings_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_PenaltyOnAdministrativeProceedings_1" xml:lang="en-US" id="label_PenaltyOnAdministrativeProceedings_1">Penalty on administrative proceedings</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PenaltyOnAdministrativeProceedings" xlink:to="label_PenaltyOnAdministrativeProceedings_1" xlink:title="Label : PenaltyOnAdministrativeProceedings to label_PenaltyOnAdministrativeProceedings_1" />
    <link:label xlink:type="resource" xlink:label="label_PenaltyOnAdministrativeProceedings_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PenaltyOnAdministrativeProceedings_2" xml:lang="en-US" id="label_PenaltyOnAdministrativeProceedings_2">Penalty On Administrative Proceedings</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PenaltyOnAdministrativeProceedings" xlink:to="label_PenaltyOnAdministrativeProceedings_2" xlink:title="Label : PenaltyOnAdministrativeProceedings to label_PenaltyOnAdministrativeProceedings_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_CompensationSuitAgainstDamages" xlink:label="CompensationSuitAgainstDamages" xlink:title="CompensationSuitAgainstDamages" />
    <link:label xlink:type="resource" xlink:label="label_CompensationSuitAgainstDamages" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_CompensationSuitAgainstDamages" xml:lang="en-US" id="label_CompensationSuitAgainstDamages">The amount of compensation suit against damages for contingent liabilities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CompensationSuitAgainstDamages" xlink:to="label_CompensationSuitAgainstDamages" xlink:title="Label : CompensationSuitAgainstDamages to label_CompensationSuitAgainstDamages" />
    <link:label xlink:type="resource" xlink:label="label_CompensationSuitAgainstDamages_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CompensationSuitAgainstDamages_1" xml:lang="en-US" id="label_CompensationSuitAgainstDamages_1">Compensation suit against damages</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CompensationSuitAgainstDamages" xlink:to="label_CompensationSuitAgainstDamages_1" xlink:title="Label : CompensationSuitAgainstDamages to label_CompensationSuitAgainstDamages_1" />
    <link:label xlink:type="resource" xlink:label="label_CompensationSuitAgainstDamages_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CompensationSuitAgainstDamages_2" xml:lang="en-US" id="label_CompensationSuitAgainstDamages_2">Compensation Suit Against Damages</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CompensationSuitAgainstDamages" xlink:to="label_CompensationSuitAgainstDamages_2" xlink:title="Label : CompensationSuitAgainstDamages to label_CompensationSuitAgainstDamages_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_CompensationPaidToParty" xlink:label="CompensationPaidToParty" xlink:title="CompensationPaidToParty" />
    <link:label xlink:type="resource" xlink:label="label_CompensationPaidToParty" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_CompensationPaidToParty" xml:lang="en-US" id="label_CompensationPaidToParty">The amount of compensation paid for contingent liabilities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CompensationPaidToParty" xlink:to="label_CompensationPaidToParty" xlink:title="Label : CompensationPaidToParty to label_CompensationPaidToParty" />
    <link:label xlink:type="resource" xlink:label="label_CompensationPaidToParty_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CompensationPaidToParty_1" xml:lang="en-US" id="label_CompensationPaidToParty_1">Compensation amount paid</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CompensationPaidToParty" xlink:to="label_CompensationPaidToParty_1" xlink:title="Label : CompensationPaidToParty to label_CompensationPaidToParty_1" />
    <link:label xlink:type="resource" xlink:label="label_CompensationPaidToParty_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CompensationPaidToParty_2" xml:lang="en-US" id="label_CompensationPaidToParty_2">Compensation Paid To Party</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CompensationPaidToParty" xlink:to="label_CompensationPaidToParty_2" xlink:title="Label : CompensationPaidToParty to label_CompensationPaidToParty_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DeferredIncomeIncludingContractLiabilitiesAbstract" xlink:label="DeferredIncomeIncludingContractLiabilitiesAbstract" xlink:title="DeferredIncomeIncludingContractLiabilitiesAbstract" />
    <link:label xlink:type="resource" xlink:label="label_DeferredIncomeIncludingContractLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DeferredIncomeIncludingContractLiabilitiesAbstract" xml:lang="en-US" id="label_DeferredIncomeIncludingContractLiabilitiesAbstract">Deferred income including contract liabilities [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredIncomeIncludingContractLiabilitiesAbstract" xlink:to="label_DeferredIncomeIncludingContractLiabilitiesAbstract" xlink:title="Label : DeferredIncomeIncludingContractLiabilitiesAbstract to label_DeferredIncomeIncludingContractLiabilitiesAbstract" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DisclosureOfDeferredRevenueTable" xlink:label="DisclosureOfDeferredRevenueTable" xlink:title="DisclosureOfDeferredRevenueTable" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfDeferredRevenueTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfDeferredRevenueTable" xml:lang="en-US" id="label_DisclosureOfDeferredRevenueTable">Disclosure Of Deferred Revenue [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDeferredRevenueTable" xlink:to="label_DisclosureOfDeferredRevenueTable" xlink:title="Label : DisclosureOfDeferredRevenueTable to label_DisclosureOfDeferredRevenueTable" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfDeferredRevenueTable_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DisclosureOfDeferredRevenueTable_1" xml:lang="en-US" id="label_DisclosureOfDeferredRevenueTable_1">Disclosure Of Deferred Revenue [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDeferredRevenueTable" xlink:to="label_DisclosureOfDeferredRevenueTable_1" xlink:title="Label : DisclosureOfDeferredRevenueTable to label_DisclosureOfDeferredRevenueTable_1" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfDeferredRevenueTable_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DisclosureOfDeferredRevenueTable_2" xml:lang="en-US" id="label_DisclosureOfDeferredRevenueTable_2">Disclosure of deferred revenue [table].</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDeferredRevenueTable" xlink:to="label_DisclosureOfDeferredRevenueTable_2" xlink:title="Label : DisclosureOfDeferredRevenueTable to label_DisclosureOfDeferredRevenueTable_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DeferredRevenueAxis" xlink:label="DeferredRevenueAxis" xlink:title="DeferredRevenueAxis" />
    <link:label xlink:type="resource" xlink:label="label_DeferredRevenueAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DeferredRevenueAxis" xml:lang="en-US" id="label_DeferredRevenueAxis">Deferred revenue [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredRevenueAxis" xlink:to="label_DeferredRevenueAxis" xlink:title="Label : DeferredRevenueAxis to label_DeferredRevenueAxis" />
    <link:label xlink:type="resource" xlink:label="label_DeferredRevenueAxis_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DeferredRevenueAxis_1" xml:lang="en-US" id="label_DeferredRevenueAxis_1">Deferred revenue [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredRevenueAxis" xlink:to="label_DeferredRevenueAxis_1" xlink:title="Label : DeferredRevenueAxis to label_DeferredRevenueAxis_1" />
    <link:label xlink:type="resource" xlink:label="label_DeferredRevenueAxis_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DeferredRevenueAxis_2" xml:lang="en-US" id="label_DeferredRevenueAxis_2">Deferred revenue [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredRevenueAxis" xlink:to="label_DeferredRevenueAxis_2" xlink:title="Label : DeferredRevenueAxis to label_DeferredRevenueAxis_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DeferredRevenueDomain" xlink:label="DeferredRevenueDomain" xlink:title="DeferredRevenueDomain" />
    <link:label xlink:type="resource" xlink:label="label_DeferredRevenueDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DeferredRevenueDomain" xml:lang="en-US" id="label_DeferredRevenueDomain">Deferred revenue [domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredRevenueDomain" xlink:to="label_DeferredRevenueDomain" xlink:title="Label : DeferredRevenueDomain to label_DeferredRevenueDomain" />
    <link:label xlink:type="resource" xlink:label="label_DeferredRevenueDomain_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DeferredRevenueDomain_1" xml:lang="en-US" id="label_DeferredRevenueDomain_1">Deferred revenue [domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredRevenueDomain" xlink:to="label_DeferredRevenueDomain_1" xlink:title="Label : DeferredRevenueDomain to label_DeferredRevenueDomain_1" />
    <link:label xlink:type="resource" xlink:label="label_DeferredRevenueDomain_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DeferredRevenueDomain_2" xml:lang="en-US" id="label_DeferredRevenueDomain_2">Deferred revenue [domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredRevenueDomain" xlink:to="label_DeferredRevenueDomain_2" xlink:title="Label : DeferredRevenueDomain to label_DeferredRevenueDomain_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_FranchisingUpfrontFeeMember" xlink:label="FranchisingUpfrontFeeMember" xlink:title="FranchisingUpfrontFeeMember" />
    <link:label xlink:type="resource" xlink:label="label_FranchisingUpfrontFeeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FranchisingUpfrontFeeMember" xml:lang="en-US" id="label_FranchisingUpfrontFeeMember">Franchising upfront fee [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FranchisingUpfrontFeeMember" xlink:to="label_FranchisingUpfrontFeeMember" xlink:title="Label : FranchisingUpfrontFeeMember to label_FranchisingUpfrontFeeMember" />
    <link:label xlink:type="resource" xlink:label="label_FranchisingUpfrontFeeMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_FranchisingUpfrontFeeMember_1" xml:lang="en-US" id="label_FranchisingUpfrontFeeMember_1">&#x2018;am/pm&#x2019; and Jet Oil franchising upfront fee [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FranchisingUpfrontFeeMember" xlink:to="label_FranchisingUpfrontFeeMember_1" xlink:title="Label : FranchisingUpfrontFeeMember to label_FranchisingUpfrontFeeMember_1" />
    <link:label xlink:type="resource" xlink:label="label_FranchisingUpfrontFeeMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_FranchisingUpfrontFeeMember_2" xml:lang="en-US" id="label_FranchisingUpfrontFeeMember_2">This member stands for the information pertaining to franchising upfront fee.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FranchisingUpfrontFeeMember" xlink:to="label_FranchisingUpfrontFeeMember_2" xlink:title="Label : FranchisingUpfrontFeeMember to label_FranchisingUpfrontFeeMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_LoyaltyProgramOneMember" xlink:label="LoyaltyProgramOneMember" xlink:title="LoyaltyProgramOneMember" />
    <link:label xlink:type="resource" xlink:label="label_LoyaltyProgramOneMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LoyaltyProgramOneMember" xml:lang="en-US" id="label_LoyaltyProgramOneMember">Loyalty program one [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoyaltyProgramOneMember" xlink:to="label_LoyaltyProgramOneMember" xlink:title="Label : LoyaltyProgramOneMember to label_LoyaltyProgramOneMember" />
    <link:label xlink:type="resource" xlink:label="label_LoyaltyProgramOneMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LoyaltyProgramOneMember_1" xml:lang="en-US" id="label_LoyaltyProgramOneMember_1">Loyalty program &#x201C;Km de Vantagens&#x201D; [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoyaltyProgramOneMember" xlink:to="label_LoyaltyProgramOneMember_1" xlink:title="Label : LoyaltyProgramOneMember to label_LoyaltyProgramOneMember_1" />
    <link:label xlink:type="resource" xlink:label="label_LoyaltyProgramOneMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_LoyaltyProgramOneMember_2" xml:lang="en-US" id="label_LoyaltyProgramOneMember_2">This member stands for the information pertaining to loyalty program.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoyaltyProgramOneMember" xlink:to="label_LoyaltyProgramOneMember_2" xlink:title="Label : LoyaltyProgramOneMember to label_LoyaltyProgramOneMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_LoyaltyProgramTwoMember" xlink:label="LoyaltyProgramTwoMember" xlink:title="LoyaltyProgramTwoMember" />
    <link:label xlink:type="resource" xlink:label="label_LoyaltyProgramTwoMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LoyaltyProgramTwoMember" xml:lang="en-US" id="label_LoyaltyProgramTwoMember">Loyalty program two [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoyaltyProgramTwoMember" xlink:to="label_LoyaltyProgramTwoMember" xlink:title="Label : LoyaltyProgramTwoMember to label_LoyaltyProgramTwoMember" />
    <link:label xlink:type="resource" xlink:label="label_LoyaltyProgramTwoMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LoyaltyProgramTwoMember_1" xml:lang="en-US" id="label_LoyaltyProgramTwoMember_1">Loyalty program &#x201C;Clube Extrafarma&#x201D; [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoyaltyProgramTwoMember" xlink:to="label_LoyaltyProgramTwoMember_1" xlink:title="Label : LoyaltyProgramTwoMember to label_LoyaltyProgramTwoMember_1" />
    <link:label xlink:type="resource" xlink:label="label_LoyaltyProgramTwoMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_LoyaltyProgramTwoMember_2" xml:lang="en-US" id="label_LoyaltyProgramTwoMember_2">This member stands for the information pertaining to loyalty program.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoyaltyProgramTwoMember" xlink:to="label_LoyaltyProgramTwoMember_2" xlink:title="Label : LoyaltyProgramTwoMember to label_LoyaltyProgramTwoMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_SummaryOfDeferredRevenueLineItems" xlink:label="SummaryOfDeferredRevenueLineItems" xlink:title="SummaryOfDeferredRevenueLineItems" />
    <link:label xlink:type="resource" xlink:label="label_SummaryOfDeferredRevenueLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SummaryOfDeferredRevenueLineItems" xml:lang="en-US" id="label_SummaryOfDeferredRevenueLineItems">Summary of deferred revenue [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SummaryOfDeferredRevenueLineItems" xlink:to="label_SummaryOfDeferredRevenueLineItems" xlink:title="Label : SummaryOfDeferredRevenueLineItems to label_SummaryOfDeferredRevenueLineItems" />
    <link:label xlink:type="resource" xlink:label="label_SummaryOfDeferredRevenueLineItems_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_SummaryOfDeferredRevenueLineItems_1" xml:lang="en-US" id="label_SummaryOfDeferredRevenueLineItems_1">Summary of deferred revenue [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SummaryOfDeferredRevenueLineItems" xlink:to="label_SummaryOfDeferredRevenueLineItems_1" xlink:title="Label : SummaryOfDeferredRevenueLineItems to label_SummaryOfDeferredRevenueLineItems_1" />
    <link:label xlink:type="resource" xlink:label="label_SummaryOfDeferredRevenueLineItems_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_SummaryOfDeferredRevenueLineItems_2" xml:lang="en-US" id="label_SummaryOfDeferredRevenueLineItems_2">Summary of deferred revenue.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SummaryOfDeferredRevenueLineItems" xlink:to="label_SummaryOfDeferredRevenueLineItems_2" xlink:title="Label : SummaryOfDeferredRevenueLineItems to label_SummaryOfDeferredRevenueLineItems_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DeferredIncomeIncludingContractLiabilities" xlink:label="DeferredIncomeIncludingContractLiabilities" xlink:title="DeferredIncomeIncludingContractLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_DeferredIncomeIncludingContractLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DeferredIncomeIncludingContractLiabilities" xml:lang="en-US" id="label_DeferredIncomeIncludingContractLiabilities">Deferred income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredIncomeIncludingContractLiabilities" xlink:to="label_DeferredIncomeIncludingContractLiabilities" xlink:title="Label : DeferredIncomeIncludingContractLiabilities to label_DeferredIncomeIncludingContractLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_DeferredIncomeIncludingContractLiabilities_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DeferredIncomeIncludingContractLiabilities_1" xml:lang="en-US" id="label_DeferredIncomeIncludingContractLiabilities_1">Deferred income including contract liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredIncomeIncludingContractLiabilities" xlink:to="label_DeferredIncomeIncludingContractLiabilities_1" xlink:title="Label : DeferredIncomeIncludingContractLiabilities to label_DeferredIncomeIncludingContractLiabilities_1" />
    <link:label xlink:type="resource" xlink:label="label_DeferredIncomeIncludingContractLiabilities_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_DeferredIncomeIncludingContractLiabilities_2" xml:lang="en-US" id="label_DeferredIncomeIncludingContractLiabilities_2">Deferred revenue</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredIncomeIncludingContractLiabilities" xlink:to="label_DeferredIncomeIncludingContractLiabilities_2" xlink:title="Label : DeferredIncomeIncludingContractLiabilities to label_DeferredIncomeIncludingContractLiabilities_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentDeferredIncomeIncludingNoncurrentContractLiabilities" xlink:label="NoncurrentDeferredIncomeIncludingNoncurrentContractLiabilities" xlink:title="NoncurrentDeferredIncomeIncludingNoncurrentContractLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_NoncurrentDeferredIncomeIncludingNoncurrentContractLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NoncurrentDeferredIncomeIncludingNoncurrentContractLiabilities" xml:lang="en-US" id="label_NoncurrentDeferredIncomeIncludingNoncurrentContractLiabilities">Non-current deferred income including non-current contract liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentDeferredIncomeIncludingNoncurrentContractLiabilities" xlink:to="label_NoncurrentDeferredIncomeIncludingNoncurrentContractLiabilities" xlink:title="Label : NoncurrentDeferredIncomeIncludingNoncurrentContractLiabilities to label_NoncurrentDeferredIncomeIncludingNoncurrentContractLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_NoncurrentDeferredIncomeIncludingNoncurrentContractLiabilities_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NoncurrentDeferredIncomeIncludingNoncurrentContractLiabilities_1" xml:lang="en-US" id="label_NoncurrentDeferredIncomeIncludingNoncurrentContractLiabilities_1">Non-current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentDeferredIncomeIncludingNoncurrentContractLiabilities" xlink:to="label_NoncurrentDeferredIncomeIncludingNoncurrentContractLiabilities_1" xlink:title="Label : NoncurrentDeferredIncomeIncludingNoncurrentContractLiabilities to label_NoncurrentDeferredIncomeIncludingNoncurrentContractLiabilities_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AmPmMember" xlink:label="AmPmMember" xlink:title="AmPmMember" />
    <link:label xlink:type="resource" xlink:label="label_AmPmMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AmPmMember" xml:lang="en-US" id="label_AmPmMember">This member stands for the information pertaining to am/pm convenience stores.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmPmMember" xlink:to="label_AmPmMember" xlink:title="Label : AmPmMember to label_AmPmMember" />
    <link:label xlink:type="resource" xlink:label="label_AmPmMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AmPmMember_1" xml:lang="en-US" id="label_AmPmMember_1">am/pm [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmPmMember" xlink:to="label_AmPmMember_1" xlink:title="Label : AmPmMember to label_AmPmMember_1" />
    <link:label xlink:type="resource" xlink:label="label_AmPmMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AmPmMember_2" xml:lang="en-US" id="label_AmPmMember_2">am/pm [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmPmMember" xlink:to="label_AmPmMember_2" xlink:title="Label : AmPmMember to label_AmPmMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_JetOilMember" xlink:label="JetOilMember" xlink:title="JetOilMember" />
    <link:label xlink:type="resource" xlink:label="label_JetOilMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_JetOilMember" xml:lang="en-US" id="label_JetOilMember">This member stands for the information pertaining to jet oil</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="JetOilMember" xlink:to="label_JetOilMember" xlink:title="Label : JetOilMember to label_JetOilMember" />
    <link:label xlink:type="resource" xlink:label="label_JetOilMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_JetOilMember_1" xml:lang="en-US" id="label_JetOilMember_1">Jet Oil [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="JetOilMember" xlink:to="label_JetOilMember_1" xlink:title="Label : JetOilMember to label_JetOilMember_1" />
    <link:label xlink:type="resource" xlink:label="label_JetOilMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_JetOilMember_2" xml:lang="en-US" id="label_JetOilMember_2">Jet Oil [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="JetOilMember" xlink:to="label_JetOilMember_2" xlink:title="Label : JetOilMember to label_JetOilMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NumberOfStores1" xlink:label="NumberOfStores1" xlink:title="NumberOfStores1" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfStores1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_NumberOfStores1" xml:lang="en-US" id="label_NumberOfStores1">The number of stores.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfStores1" xlink:to="label_NumberOfStores1" xlink:title="Label : NumberOfStores1 to label_NumberOfStores1" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfStores1_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NumberOfStores1_1" xml:lang="en-US" id="label_NumberOfStores1_1">Number of stores</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfStores1" xlink:to="label_NumberOfStores1_1" xlink:title="Label : NumberOfStores1 to label_NumberOfStores1_1" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfStores1" xlink:to="label_NumberOfStores1_2" xlink:title="Label : NumberOfStores1 to label_NumberOfStores1_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:label="DisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:title="DisclosureOfNonadjustingEventsAfterReportingPeriodTable" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfNonadjustingEventsAfterReportingPeriodTable" xml:lang="en-US" id="label_DisclosureOfNonadjustingEventsAfterReportingPeriodTable">Disclosure of non-adjusting events after reporting period [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:to="label_DisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:title="Label : DisclosureOfNonadjustingEventsAfterReportingPeriodTable to label_DisclosureOfNonadjustingEventsAfterReportingPeriodTable" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfNonadjustingEventsAfterReportingPeriodTable_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DisclosureOfNonadjustingEventsAfterReportingPeriodTable_1" xml:lang="en-US" id="label_DisclosureOfNonadjustingEventsAfterReportingPeriodTable_1">Disclosure of non-adjusting events after reporting period [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:to="label_DisclosureOfNonadjustingEventsAfterReportingPeriodTable_1" xlink:title="Label : DisclosureOfNonadjustingEventsAfterReportingPeriodTable to label_DisclosureOfNonadjustingEventsAfterReportingPeriodTable_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" xlink:label="NonadjustingEventsAfterReportingPeriodAxis" xlink:title="NonadjustingEventsAfterReportingPeriodAxis" />
    <link:label xlink:type="resource" xlink:label="label_NonadjustingEventsAfterReportingPeriodAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NonadjustingEventsAfterReportingPeriodAxis" xml:lang="en-US" id="label_NonadjustingEventsAfterReportingPeriodAxis">Non-adjusting events after reporting period [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonadjustingEventsAfterReportingPeriodAxis" xlink:to="label_NonadjustingEventsAfterReportingPeriodAxis" xlink:title="Label : NonadjustingEventsAfterReportingPeriodAxis to label_NonadjustingEventsAfterReportingPeriodAxis" />
    <link:label xlink:type="resource" xlink:label="label_NonadjustingEventsAfterReportingPeriodAxis_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NonadjustingEventsAfterReportingPeriodAxis_1" xml:lang="en-US" id="label_NonadjustingEventsAfterReportingPeriodAxis_1">Non-adjusting events after reporting period [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonadjustingEventsAfterReportingPeriodAxis" xlink:to="label_NonadjustingEventsAfterReportingPeriodAxis_1" xlink:title="Label : NonadjustingEventsAfterReportingPeriodAxis to label_NonadjustingEventsAfterReportingPeriodAxis_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NonadjustingEventsMember" xlink:label="NonadjustingEventsMember" xlink:title="NonadjustingEventsMember" />
    <link:label xlink:type="resource" xlink:label="label_NonadjustingEventsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NonadjustingEventsMember" xml:lang="en-US" id="label_NonadjustingEventsMember">Non-adjusting events after reporting period [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonadjustingEventsMember" xlink:to="label_NonadjustingEventsMember" xlink:title="Label : NonadjustingEventsMember to label_NonadjustingEventsMember" />
    <link:label xlink:type="resource" xlink:label="label_NonadjustingEventsMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NonadjustingEventsMember_1" xml:lang="en-US" id="label_NonadjustingEventsMember_1">Non-adjusting events after reporting period [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonadjustingEventsMember" xlink:to="label_NonadjustingEventsMember_1" xlink:title="Label : NonadjustingEventsMember to label_NonadjustingEventsMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_MajorOrdinaryShareTransactionsMember" xlink:label="MajorOrdinaryShareTransactionsMember" xlink:title="MajorOrdinaryShareTransactionsMember" />
    <link:label xlink:type="resource" xlink:label="label_MajorOrdinaryShareTransactionsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MajorOrdinaryShareTransactionsMember" xml:lang="en-US" id="label_MajorOrdinaryShareTransactionsMember">Major ordinary share transactions [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MajorOrdinaryShareTransactionsMember" xlink:to="label_MajorOrdinaryShareTransactionsMember" xlink:title="Label : MajorOrdinaryShareTransactionsMember to label_MajorOrdinaryShareTransactionsMember" />
    <link:label xlink:type="resource" xlink:label="label_MajorOrdinaryShareTransactionsMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_MajorOrdinaryShareTransactionsMember_1" xml:lang="en-US" id="label_MajorOrdinaryShareTransactionsMember_1">Major ordinary share transactions [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MajorOrdinaryShareTransactionsMember" xlink:to="label_MajorOrdinaryShareTransactionsMember_1" xlink:title="Label : MajorOrdinaryShareTransactionsMember to label_MajorOrdinaryShareTransactionsMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:label="DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:title="DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xml:lang="en-US" id="label_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems">Disclosure of non-adjusting events after reporting period [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:to="label_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:title="Label : DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems to label_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems_1" xml:lang="en-US" id="label_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems_1">Disclosure of non-adjusting events after reporting period [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:to="label_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems_1" xlink:title="Label : DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems to label_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_SubscriptionWarrantsSharesIssued" xlink:label="SubscriptionWarrantsSharesIssued" xlink:title="SubscriptionWarrantsSharesIssued" />
    <link:label xlink:type="resource" xlink:label="label_SubscriptionWarrantsSharesIssued" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_SubscriptionWarrantsSharesIssued" xml:lang="en-US" id="label_SubscriptionWarrantsSharesIssued">The number of shares issued for subscription warrants.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubscriptionWarrantsSharesIssued" xlink:to="label_SubscriptionWarrantsSharesIssued" xlink:title="Label : SubscriptionWarrantsSharesIssued to label_SubscriptionWarrantsSharesIssued" />
    <link:label xlink:type="resource" xlink:label="label_SubscriptionWarrantsSharesIssued_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_SubscriptionWarrantsSharesIssued_1" xml:lang="en-US" id="label_SubscriptionWarrantsSharesIssued_1">Subscription warrants shares issued</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubscriptionWarrantsSharesIssued" xlink:to="label_SubscriptionWarrantsSharesIssued_1" xlink:title="Label : SubscriptionWarrantsSharesIssued to label_SubscriptionWarrantsSharesIssued_1" />
    <link:label xlink:type="resource" xlink:label="label_SubscriptionWarrantsSharesIssued_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SubscriptionWarrantsSharesIssued_2" xml:lang="en-US" id="label_SubscriptionWarrantsSharesIssued_2">Subscription warrants shares issued</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubscriptionWarrantsSharesIssued" xlink:to="label_SubscriptionWarrantsSharesIssued_2" xlink:title="Label : SubscriptionWarrantsSharesIssued to label_SubscriptionWarrantsSharesIssued_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_MaximumNumberOfSharesToBeIssuedSubscriptionWarrants" xlink:label="MaximumNumberOfSharesToBeIssuedSubscriptionWarrants" xlink:title="MaximumNumberOfSharesToBeIssuedSubscriptionWarrants" />
    <link:label xlink:type="resource" xlink:label="label_MaximumNumberOfSharesToBeIssuedSubscriptionWarrants" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_MaximumNumberOfSharesToBeIssuedSubscriptionWarrants" xml:lang="en-US" id="label_MaximumNumberOfSharesToBeIssuedSubscriptionWarrants">The maximum number of shares to be issued for subscription warrants.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaximumNumberOfSharesToBeIssuedSubscriptionWarrants" xlink:to="label_MaximumNumberOfSharesToBeIssuedSubscriptionWarrants" xlink:title="Label : MaximumNumberOfSharesToBeIssuedSubscriptionWarrants to label_MaximumNumberOfSharesToBeIssuedSubscriptionWarrants" />
    <link:label xlink:type="resource" xlink:label="label_MaximumNumberOfSharesToBeIssuedSubscriptionWarrants_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_MaximumNumberOfSharesToBeIssuedSubscriptionWarrants_1" xml:lang="en-US" id="label_MaximumNumberOfSharesToBeIssuedSubscriptionWarrants_1">Maximum number of shares to be issued - subscription warrants</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaximumNumberOfSharesToBeIssuedSubscriptionWarrants" xlink:to="label_MaximumNumberOfSharesToBeIssuedSubscriptionWarrants_1" xlink:title="Label : MaximumNumberOfSharesToBeIssuedSubscriptionWarrants to label_MaximumNumberOfSharesToBeIssuedSubscriptionWarrants_1" />
    <link:label xlink:type="resource" xlink:label="label_MaximumNumberOfSharesToBeIssuedSubscriptionWarrants_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MaximumNumberOfSharesToBeIssuedSubscriptionWarrants_2" xml:lang="en-US" id="label_MaximumNumberOfSharesToBeIssuedSubscriptionWarrants_2">Maximum number of shares to be issued - subscription warrants</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaximumNumberOfSharesToBeIssuedSubscriptionWarrants" xlink:to="label_MaximumNumberOfSharesToBeIssuedSubscriptionWarrants_2" xlink:title="Label : MaximumNumberOfSharesToBeIssuedSubscriptionWarrants to label_MaximumNumberOfSharesToBeIssuedSubscriptionWarrants_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NumberOfSharesCanceledAndNotIssuedWhichLinkedToSubscriptionWarrantsIndemnification" xlink:label="NumberOfSharesCanceledAndNotIssuedWhichLinkedToSubscriptionWarrantsIndemnification" xlink:title="NumberOfSharesCanceledAndNotIssuedWhichLinkedToSubscriptionWarrantsIndemnification" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfSharesCanceledAndNotIssuedWhichLinkedToSubscriptionWarrantsIndemnification" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NumberOfSharesCanceledAndNotIssuedWhichLinkedToSubscriptionWarrantsIndemnification" xml:lang="en-US" id="label_NumberOfSharesCanceledAndNotIssuedWhichLinkedToSubscriptionWarrantsIndemnification">Number of Shares Canceled and not Issued which Linked to Subscription Warrants Indemnification</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfSharesCanceledAndNotIssuedWhichLinkedToSubscriptionWarrantsIndemnification" xlink:to="label_NumberOfSharesCanceledAndNotIssuedWhichLinkedToSubscriptionWarrantsIndemnification" xlink:title="Label : NumberOfSharesCanceledAndNotIssuedWhichLinkedToSubscriptionWarrantsIndemnification to label_NumberOfSharesCanceledAndNotIssuedWhichLinkedToSubscriptionWarrantsIndemnification" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfSharesCanceledAndNotIssuedWhichLinkedToSubscriptionWarrantsIndemnification_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NumberOfSharesCanceledAndNotIssuedWhichLinkedToSubscriptionWarrantsIndemnification_1" xml:lang="en-US" id="label_NumberOfSharesCanceledAndNotIssuedWhichLinkedToSubscriptionWarrantsIndemnification_1">Number of shares canceled and not issued which linked to subscription warrants &#x2013; indemnification</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfSharesCanceledAndNotIssuedWhichLinkedToSubscriptionWarrantsIndemnification" xlink:to="label_NumberOfSharesCanceledAndNotIssuedWhichLinkedToSubscriptionWarrantsIndemnification_1" xlink:title="Label : NumberOfSharesCanceledAndNotIssuedWhichLinkedToSubscriptionWarrantsIndemnification to label_NumberOfSharesCanceledAndNotIssuedWhichLinkedToSubscriptionWarrantsIndemnification_1" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfSharesCanceledAndNotIssuedWhichLinkedToSubscriptionWarrantsIndemnification_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_NumberOfSharesCanceledAndNotIssuedWhichLinkedToSubscriptionWarrantsIndemnification_2" xml:lang="en-US" id="label_NumberOfSharesCanceledAndNotIssuedWhichLinkedToSubscriptionWarrantsIndemnification_2">The number of shares were canceled and not issued which are linked to subscription warrants &#x2013; indemnification according to association agreement.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfSharesCanceledAndNotIssuedWhichLinkedToSubscriptionWarrantsIndemnification" xlink:to="label_NumberOfSharesCanceledAndNotIssuedWhichLinkedToSubscriptionWarrantsIndemnification_2" xlink:title="Label : NumberOfSharesCanceledAndNotIssuedWhichLinkedToSubscriptionWarrantsIndemnification to label_NumberOfSharesCanceledAndNotIssuedWhichLinkedToSubscriptionWarrantsIndemnification_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_SubscriptionWarrantsShares" xlink:label="SubscriptionWarrantsShares" xlink:title="SubscriptionWarrantsShares" />
    <link:label xlink:type="resource" xlink:label="label_SubscriptionWarrantsShares" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_SubscriptionWarrantsShares" xml:lang="en-US" id="label_SubscriptionWarrantsShares">Subscription warrants, shares</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubscriptionWarrantsShares" xlink:to="label_SubscriptionWarrantsShares" xlink:title="Label : SubscriptionWarrantsShares to label_SubscriptionWarrantsShares" />
    <link:label xlink:type="resource" xlink:label="label_SubscriptionWarrantsShares_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SubscriptionWarrantsShares_1" xml:lang="en-US" id="label_SubscriptionWarrantsShares_1">Subscription warrants shares</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubscriptionWarrantsShares" xlink:to="label_SubscriptionWarrantsShares_1" xlink:title="Label : SubscriptionWarrantsShares to label_SubscriptionWarrantsShares_1" />
    <link:label xlink:type="resource" xlink:label="label_SubscriptionWarrantsShares_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_SubscriptionWarrantsShares_2" xml:lang="en-US" id="label_SubscriptionWarrantsShares_2">The number of shares outstanding for subscription warrants.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubscriptionWarrantsShares" xlink:to="label_SubscriptionWarrantsShares_2" xlink:title="Label : SubscriptionWarrantsShares to label_SubscriptionWarrantsShares_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_MaximumNumberOfSharesAvailableForIssueSubscriptionWarrants" xlink:label="MaximumNumberOfSharesAvailableForIssueSubscriptionWarrants" xlink:title="MaximumNumberOfSharesAvailableForIssueSubscriptionWarrants" />
    <link:label xlink:type="resource" xlink:label="label_MaximumNumberOfSharesAvailableForIssueSubscriptionWarrants" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_MaximumNumberOfSharesAvailableForIssueSubscriptionWarrants" xml:lang="en-US" id="label_MaximumNumberOfSharesAvailableForIssueSubscriptionWarrants">The maximum number of shares available for issue for subscription warrants.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaximumNumberOfSharesAvailableForIssueSubscriptionWarrants" xlink:to="label_MaximumNumberOfSharesAvailableForIssueSubscriptionWarrants" xlink:title="Label : MaximumNumberOfSharesAvailableForIssueSubscriptionWarrants to label_MaximumNumberOfSharesAvailableForIssueSubscriptionWarrants" />
    <link:label xlink:type="resource" xlink:label="label_MaximumNumberOfSharesAvailableForIssueSubscriptionWarrants_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_MaximumNumberOfSharesAvailableForIssueSubscriptionWarrants_1" xml:lang="en-US" id="label_MaximumNumberOfSharesAvailableForIssueSubscriptionWarrants_1">Maximum number of shares available for issue - subscription warrants</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaximumNumberOfSharesAvailableForIssueSubscriptionWarrants" xlink:to="label_MaximumNumberOfSharesAvailableForIssueSubscriptionWarrants_1" xlink:title="Label : MaximumNumberOfSharesAvailableForIssueSubscriptionWarrants to label_MaximumNumberOfSharesAvailableForIssueSubscriptionWarrants_1" />
    <link:label xlink:type="resource" xlink:label="label_MaximumNumberOfSharesAvailableForIssueSubscriptionWarrants_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MaximumNumberOfSharesAvailableForIssueSubscriptionWarrants_2" xml:lang="en-US" id="label_MaximumNumberOfSharesAvailableForIssueSubscriptionWarrants_2">Maximum number of shares available for issue subscription warrants</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaximumNumberOfSharesAvailableForIssueSubscriptionWarrants" xlink:to="label_MaximumNumberOfSharesAvailableForIssueSubscriptionWarrants_2" xlink:title="Label : MaximumNumberOfSharesAvailableForIssueSubscriptionWarrants to label_MaximumNumberOfSharesAvailableForIssueSubscriptionWarrants_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_SubscriptionWarrants" xlink:label="SubscriptionWarrants" xlink:title="SubscriptionWarrants" />
    <link:label xlink:type="resource" xlink:label="label_SubscriptionWarrants" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_SubscriptionWarrants" xml:lang="en-US" id="label_SubscriptionWarrants">Subscription warrants - indemnification</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubscriptionWarrants" xlink:to="label_SubscriptionWarrants" xlink:title="Label : SubscriptionWarrants to label_SubscriptionWarrants" />
    <link:label xlink:type="resource" xlink:label="label_SubscriptionWarrants_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SubscriptionWarrants_1" xml:lang="en-US" id="label_SubscriptionWarrants_1">Subscription warrants</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubscriptionWarrants" xlink:to="label_SubscriptionWarrants_1" xlink:title="Label : SubscriptionWarrants to label_SubscriptionWarrants_1" />
    <link:label xlink:type="resource" xlink:label="label_SubscriptionWarrants_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_SubscriptionWarrants_2" xml:lang="en-US" id="label_SubscriptionWarrants_2">The amount of subscription warrants indemnification.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubscriptionWarrants" xlink:to="label_SubscriptionWarrants_2" xlink:title="Label : SubscriptionWarrants to label_SubscriptionWarrants_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ExerciseOfWarrantsRightsOutstanding" xlink:label="ExerciseOfWarrantsRightsOutstanding" xlink:title="ExerciseOfWarrantsRightsOutstanding" />
    <link:label xlink:type="resource" xlink:label="label_ExerciseOfWarrantsRightsOutstanding" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ExerciseOfWarrantsRightsOutstanding" xml:lang="en-US" id="label_ExerciseOfWarrantsRightsOutstanding">Exercise Of Warrants Rights Outstanding</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExerciseOfWarrantsRightsOutstanding" xlink:to="label_ExerciseOfWarrantsRightsOutstanding" xlink:title="Label : ExerciseOfWarrantsRightsOutstanding to label_ExerciseOfWarrantsRightsOutstanding" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExerciseOfWarrantsRightsOutstanding" xlink:to="label_ExerciseOfWarrantsRightsOutstanding_1" xlink:title="Label : ExerciseOfWarrantsRightsOutstanding to label_ExerciseOfWarrantsRightsOutstanding_1" />
    <link:label xlink:type="resource" xlink:label="label_ExerciseOfWarrantsRightsOutstanding_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_ExerciseOfWarrantsRightsOutstanding_2" xml:lang="en-US" id="label_ExerciseOfWarrantsRightsOutstanding_2">Rights Outstanding</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExerciseOfWarrantsRightsOutstanding" xlink:to="label_ExerciseOfWarrantsRightsOutstanding_2" xlink:title="Label : ExerciseOfWarrantsRightsOutstanding to label_ExerciseOfWarrantsRightsOutstanding_2" />
    <link:label xlink:type="resource" xlink:label="label_ExerciseOfWarrantsRightsOutstanding_3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ExerciseOfWarrantsRightsOutstanding_3" xml:lang="en-US" id="label_ExerciseOfWarrantsRightsOutstanding_3">The number of warrants rights outstanding for exercise of the rights.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExerciseOfWarrantsRightsOutstanding" xlink:to="label_ExerciseOfWarrantsRightsOutstanding_3" xlink:title="Label : ExerciseOfWarrantsRightsOutstanding to label_ExerciseOfWarrantsRightsOutstanding_3" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalTable" xlink:label="DisclosureOfClassesOfShareCapitalTable" xlink:title="DisclosureOfClassesOfShareCapitalTable" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfClassesOfShareCapitalTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfClassesOfShareCapitalTable" xml:lang="en-US" id="label_DisclosureOfClassesOfShareCapitalTable">Disclosure of classes of share capital [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfClassesOfShareCapitalTable" xlink:to="label_DisclosureOfClassesOfShareCapitalTable" xlink:title="Label : DisclosureOfClassesOfShareCapitalTable to label_DisclosureOfClassesOfShareCapitalTable" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ClassesOfShareCapitalAxis" xlink:label="ClassesOfShareCapitalAxis" xlink:title="ClassesOfShareCapitalAxis" />
    <link:label xlink:type="resource" xlink:label="label_ClassesOfShareCapitalAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ClassesOfShareCapitalAxis" xml:lang="en-US" id="label_ClassesOfShareCapitalAxis">Classes of share capital [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClassesOfShareCapitalAxis" xlink:to="label_ClassesOfShareCapitalAxis" xlink:title="Label : ClassesOfShareCapitalAxis to label_ClassesOfShareCapitalAxis" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ClassesOfShareCapitalMember" xlink:label="ClassesOfShareCapitalMember" xlink:title="ClassesOfShareCapitalMember" />
    <link:label xlink:type="resource" xlink:label="label_ClassesOfShareCapitalMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ClassesOfShareCapitalMember" xml:lang="en-US" id="label_ClassesOfShareCapitalMember">Share capital [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClassesOfShareCapitalMember" xlink:to="label_ClassesOfShareCapitalMember" xlink:title="Label : ClassesOfShareCapitalMember to label_ClassesOfShareCapitalMember" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OrdinarySharesMember" xlink:label="OrdinarySharesMember" xlink:title="OrdinarySharesMember" />
    <link:label xlink:type="resource" xlink:label="label_OrdinarySharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OrdinarySharesMember" xml:lang="en-US" id="label_OrdinarySharesMember">Ordinary shares [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OrdinarySharesMember" xlink:to="label_OrdinarySharesMember" xlink:title="Label : OrdinarySharesMember to label_OrdinarySharesMember" />
    <link:label xlink:type="resource" xlink:label="label_OrdinarySharesMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OrdinarySharesMember_1" xml:lang="en-US" id="label_OrdinarySharesMember_1">Common shares [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OrdinarySharesMember" xlink:to="label_OrdinarySharesMember_1" xlink:title="Label : OrdinarySharesMember to label_OrdinarySharesMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" xlink:label="DisclosureOfClassesOfShareCapitalLineItems" xlink:title="DisclosureOfClassesOfShareCapitalLineItems" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfClassesOfShareCapitalLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfClassesOfShareCapitalLineItems" xml:lang="en-US" id="label_DisclosureOfClassesOfShareCapitalLineItems">Disclosure of classes of share capital [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfClassesOfShareCapitalLineItems" xlink:to="label_DisclosureOfClassesOfShareCapitalLineItems" xlink:title="Label : DisclosureOfClassesOfShareCapitalLineItems to label_DisclosureOfClassesOfShareCapitalLineItems" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NumberOfSharesIssuedAndFullyPaid" xlink:label="NumberOfSharesIssuedAndFullyPaid" xlink:title="NumberOfSharesIssuedAndFullyPaid" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfSharesIssuedAndFullyPaid" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_NumberOfSharesIssuedAndFullyPaid" xml:lang="en-US" id="label_NumberOfSharesIssuedAndFullyPaid">Subscribed and paid-in capital stock</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfSharesIssuedAndFullyPaid" xlink:to="label_NumberOfSharesIssuedAndFullyPaid" xlink:title="Label : NumberOfSharesIssuedAndFullyPaid to label_NumberOfSharesIssuedAndFullyPaid" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfSharesIssuedAndFullyPaid_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NumberOfSharesIssuedAndFullyPaid_1" xml:lang="en-US" id="label_NumberOfSharesIssuedAndFullyPaid_1">Number of shares issued</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfSharesIssuedAndFullyPaid" xlink:to="label_NumberOfSharesIssuedAndFullyPaid_1" xlink:title="Label : NumberOfSharesIssuedAndFullyPaid to label_NumberOfSharesIssuedAndFullyPaid_1" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfSharesIssuedAndFullyPaid_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NumberOfSharesIssuedAndFullyPaid_2" xml:lang="en-US" id="label_NumberOfSharesIssuedAndFullyPaid_2">Number of shares issued and fully paid</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfSharesIssuedAndFullyPaid" xlink:to="label_NumberOfSharesIssuedAndFullyPaid_2" xlink:title="Label : NumberOfSharesIssuedAndFullyPaid to label_NumberOfSharesIssuedAndFullyPaid_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ParValuePerShare" xlink:label="ParValuePerShare" xlink:title="ParValuePerShare" />
    <link:label xlink:type="resource" xlink:label="label_ParValuePerShare" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ParValuePerShare" xml:lang="en-US" id="label_ParValuePerShare">Par value per share</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ParValuePerShare" xlink:to="label_ParValuePerShare" xlink:title="Label : ParValuePerShare to label_ParValuePerShare" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RightsPreferencesAndRestrictionsAttachingToClassOfShareCapital" xlink:label="RightsPreferencesAndRestrictionsAttachingToClassOfShareCapital" xlink:title="RightsPreferencesAndRestrictionsAttachingToClassOfShareCapital" />
    <link:label xlink:type="resource" xlink:label="label_RightsPreferencesAndRestrictionsAttachingToClassOfShareCapital" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RightsPreferencesAndRestrictionsAttachingToClassOfShareCapital" xml:lang="en-US" id="label_RightsPreferencesAndRestrictionsAttachingToClassOfShareCapital">Rights, preferences and restrictions attaching to class of share capital</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RightsPreferencesAndRestrictionsAttachingToClassOfShareCapital" xlink:to="label_RightsPreferencesAndRestrictionsAttachingToClassOfShareCapital" xlink:title="Label : RightsPreferencesAndRestrictionsAttachingToClassOfShareCapital to label_RightsPreferencesAndRestrictionsAttachingToClassOfShareCapital" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_WeightedAverageSharePrice2019" xlink:label="WeightedAverageSharePrice2019" xlink:title="WeightedAverageSharePrice2019" />
    <link:label xlink:type="resource" xlink:label="label_WeightedAverageSharePrice2019" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_WeightedAverageSharePrice2019" xml:lang="en-US" id="label_WeightedAverageSharePrice2019">Price of the shares issued</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WeightedAverageSharePrice2019" xlink:to="label_WeightedAverageSharePrice2019" xlink:title="Label : WeightedAverageSharePrice2019 to label_WeightedAverageSharePrice2019" />
    <link:label xlink:type="resource" xlink:label="label_WeightedAverageSharePrice2019_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_WeightedAverageSharePrice2019_1" xml:lang="en-US" id="label_WeightedAverageSharePrice2019_1">Weighted average share price</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WeightedAverageSharePrice2019" xlink:to="label_WeightedAverageSharePrice2019_1" xlink:title="Label : WeightedAverageSharePrice2019 to label_WeightedAverageSharePrice2019_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NumberOfSharesAuthorised" xlink:label="NumberOfSharesAuthorised" xlink:title="NumberOfSharesAuthorised" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfSharesAuthorised" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_NumberOfSharesAuthorised" xml:lang="en-US" id="label_NumberOfSharesAuthorised">Common shares authorized</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfSharesAuthorised" xlink:to="label_NumberOfSharesAuthorised" xlink:title="Label : NumberOfSharesAuthorised to label_NumberOfSharesAuthorised" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfSharesAuthorised_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NumberOfSharesAuthorised_1" xml:lang="en-US" id="label_NumberOfSharesAuthorised_1">Number of shares authorised</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfSharesAuthorised" xlink:to="label_NumberOfSharesAuthorised_1" xlink:title="Label : NumberOfSharesAuthorised to label_NumberOfSharesAuthorised_1" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfSharesAuthorised_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NumberOfSharesAuthorised_2" xml:lang="en-US" id="label_NumberOfSharesAuthorised_2">Shares authorized</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfSharesAuthorised" xlink:to="label_NumberOfSharesAuthorised_2" xlink:title="Label : NumberOfSharesAuthorised to label_NumberOfSharesAuthorised_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NumberOfSharesOutstandingAbroadInFormOfAmericanDepositaryReceipts" xlink:label="NumberOfSharesOutstandingAbroadInFormOfAmericanDepositaryReceipts" xlink:title="NumberOfSharesOutstandingAbroadInFormOfAmericanDepositaryReceipts" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfSharesOutstandingAbroadInFormOfAmericanDepositaryReceipts" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NumberOfSharesOutstandingAbroadInFormOfAmericanDepositaryReceipts" xml:lang="en-US" id="label_NumberOfSharesOutstandingAbroadInFormOfAmericanDepositaryReceipts">Common shares outstanding</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfSharesOutstandingAbroadInFormOfAmericanDepositaryReceipts" xlink:to="label_NumberOfSharesOutstandingAbroadInFormOfAmericanDepositaryReceipts" xlink:title="Label : NumberOfSharesOutstandingAbroadInFormOfAmericanDepositaryReceipts to label_NumberOfSharesOutstandingAbroadInFormOfAmericanDepositaryReceipts" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfSharesOutstandingAbroadInFormOfAmericanDepositaryReceipts_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NumberOfSharesOutstandingAbroadInFormOfAmericanDepositaryReceipts_1" xml:lang="en-US" id="label_NumberOfSharesOutstandingAbroadInFormOfAmericanDepositaryReceipts_1">Number of Shares Outstanding Abroad in Form of American Depositary Receipts</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfSharesOutstandingAbroadInFormOfAmericanDepositaryReceipts" xlink:to="label_NumberOfSharesOutstandingAbroadInFormOfAmericanDepositaryReceipts_1" xlink:title="Label : NumberOfSharesOutstandingAbroadInFormOfAmericanDepositaryReceipts to label_NumberOfSharesOutstandingAbroadInFormOfAmericanDepositaryReceipts_1" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfSharesOutstandingAbroadInFormOfAmericanDepositaryReceipts_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_NumberOfSharesOutstandingAbroadInFormOfAmericanDepositaryReceipts_2" xml:lang="en-US" id="label_NumberOfSharesOutstandingAbroadInFormOfAmericanDepositaryReceipts_2">The number of shares outstanding abroad in the form of American Depositary Receipts ("ADRs").</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfSharesOutstandingAbroadInFormOfAmericanDepositaryReceipts" xlink:to="label_NumberOfSharesOutstandingAbroadInFormOfAmericanDepositaryReceipts_2" xlink:title="Label : NumberOfSharesOutstandingAbroadInFormOfAmericanDepositaryReceipts to label_NumberOfSharesOutstandingAbroadInFormOfAmericanDepositaryReceipts_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates" xlink:label="SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates" xlink:title="SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates" />
    <link:label xlink:type="resource" xlink:label="label_SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates" xml:lang="en-US" id="label_SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates">Shares held in treasury</link:label>
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    <link:label xlink:type="resource" xlink:label="label_SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates_1" xml:lang="en-US" id="label_SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates_1">Number of shares in entity held by entity or by its subsidiaries or associates</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates" xlink:to="label_SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates_1" xlink:title="Label : SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates to label_SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ShareIssueRelatedCost" xlink:label="ShareIssueRelatedCost" xlink:title="ShareIssueRelatedCost" />
    <link:label xlink:type="resource" xlink:label="label_ShareIssueRelatedCost" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ShareIssueRelatedCost" xml:lang="en-US" id="label_ShareIssueRelatedCost">Share issue related cost</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShareIssueRelatedCost" xlink:to="label_ShareIssueRelatedCost" xlink:title="Label : ShareIssueRelatedCost to label_ShareIssueRelatedCost" />
    <link:label xlink:type="resource" xlink:label="label_ShareIssueRelatedCost_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ShareIssueRelatedCost_1" xml:lang="en-US" id="label_ShareIssueRelatedCost_1">Incurred costs directly attributable to issuing new shares</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShareIssueRelatedCost" xlink:to="label_ShareIssueRelatedCost_1" xlink:title="Label : ShareIssueRelatedCost to label_ShareIssueRelatedCost_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DividendsPayable" xlink:label="DividendsPayable" xlink:title="DividendsPayable" />
    <link:label xlink:type="resource" xlink:label="label_DividendsPayable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DividendsPayable" xml:lang="en-US" id="label_DividendsPayable">Dividends payable, non-cash assets distributions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DividendsPayable" xlink:to="label_DividendsPayable" xlink:title="Label : DividendsPayable to label_DividendsPayable" />
    <link:label xlink:type="resource" xlink:label="label_DividendsPayable_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DividendsPayable_1" xml:lang="en-US" id="label_DividendsPayable_1">Dividends payable</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DividendsPayable" xlink:to="label_DividendsPayable_1" xlink:title="Label : DividendsPayable to label_DividendsPayable_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DividendsRecognisedAsDistributionsToOwnersPerShare" xlink:label="DividendsRecognisedAsDistributionsToOwnersPerShare" xlink:title="DividendsRecognisedAsDistributionsToOwnersPerShare" />
    <link:label xlink:type="resource" xlink:label="label_DividendsRecognisedAsDistributionsToOwnersPerShare" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DividendsRecognisedAsDistributionsToOwnersPerShare" xml:lang="en-US" id="label_DividendsRecognisedAsDistributionsToOwnersPerShare">Dividends per share</link:label>
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwnersPerShare" xlink:label="DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwnersPerShare" xlink:title="DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwnersPerShare" />
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ReserveOfCashFlowHedgesMember" xlink:label="ReserveOfCashFlowHedgesMember" xlink:title="ReserveOfCashFlowHedgesMember" />
    <link:label xlink:type="resource" xlink:label="label_ReserveOfCashFlowHedgesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ReserveOfCashFlowHedgesMember" xml:lang="en-US" id="label_ReserveOfCashFlowHedgesMember">Fair value of cash flow hedging instruments [member]</link:label>
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember" xlink:label="ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember" xlink:title="ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember" />
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ReserveOfRemeasurementsOfDefinedBenefitPlansMember" xlink:label="ReserveOfRemeasurementsOfDefinedBenefitPlansMember" xlink:title="ReserveOfRemeasurementsOfDefinedBenefitPlansMember" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReserveOfRemeasurementsOfDefinedBenefitPlansMember" xlink:to="label_ReserveOfRemeasurementsOfDefinedBenefitPlansMember" xlink:title="Label : ReserveOfRemeasurementsOfDefinedBenefitPlansMember to label_ReserveOfRemeasurementsOfDefinedBenefitPlansMember" />
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    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NoncontrollingShareholdersInterestChangeMember" xlink:label="NoncontrollingShareholdersInterestChangeMember" xlink:title="NoncontrollingShareholdersInterestChangeMember" />
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    <link:label xlink:type="resource" xlink:label="label_IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome_1" xml:lang="en-US" id="label_IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome_1">IRPJ and CSLL on actuarial (gains) losses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome" xlink:to="label_IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome_1" xlink:title="Label : IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome to label_IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DividendsRecognisedAsDistributionsToOwnersOfParentRelatingToCurrentYear" xlink:label="DividendsRecognisedAsDistributionsToOwnersOfParentRelatingToCurrentYear" xlink:title="DividendsRecognisedAsDistributionsToOwnersOfParentRelatingToCurrentYear" />
    <link:label xlink:type="resource" xlink:label="label_DividendsRecognisedAsDistributionsToOwnersOfParentRelatingToCurrentYear" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DividendsRecognisedAsDistributionsToOwnersOfParentRelatingToCurrentYear" xml:lang="en-US" id="label_DividendsRecognisedAsDistributionsToOwnersOfParentRelatingToCurrentYear">Dividends recognised as distributions to owners of parent, relating to current year</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DividendsRecognisedAsDistributionsToOwnersOfParentRelatingToCurrentYear" xlink:to="label_DividendsRecognisedAsDistributionsToOwnersOfParentRelatingToCurrentYear" xlink:title="Label : DividendsRecognisedAsDistributionsToOwnersOfParentRelatingToCurrentYear to label_DividendsRecognisedAsDistributionsToOwnersOfParentRelatingToCurrentYear" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationBeforeTax" xlink:label="GainsLossesOnExchangeDifferencesOnTranslationBeforeTax" xlink:title="GainsLossesOnExchangeDifferencesOnTranslationBeforeTax" />
    <link:label xlink:type="resource" xlink:label="label_GainsLossesOnExchangeDifferencesOnTranslationBeforeTax" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_GainsLossesOnExchangeDifferencesOnTranslationBeforeTax" xml:lang="en-US" id="label_GainsLossesOnExchangeDifferencesOnTranslationBeforeTax">Currency translation adjustment of foreign subsidiaries</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainsLossesOnExchangeDifferencesOnTranslationBeforeTax" xlink:to="label_GainsLossesOnExchangeDifferencesOnTranslationBeforeTax" xlink:title="Label : GainsLossesOnExchangeDifferencesOnTranslationBeforeTax to label_GainsLossesOnExchangeDifferencesOnTranslationBeforeTax" />
    <link:label xlink:type="resource" xlink:label="label_GainsLossesOnExchangeDifferencesOnTranslationBeforeTax_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GainsLossesOnExchangeDifferencesOnTranslationBeforeTax_1" xml:lang="en-US" id="label_GainsLossesOnExchangeDifferencesOnTranslationBeforeTax_1">Gains (losses) on exchange differences on translation of foreign operations, before tax</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainsLossesOnExchangeDifferencesOnTranslationBeforeTax" xlink:to="label_GainsLossesOnExchangeDifferencesOnTranslationBeforeTax_1" xlink:title="Label : GainsLossesOnExchangeDifferencesOnTranslationBeforeTax to label_GainsLossesOnExchangeDifferencesOnTranslationBeforeTax_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax" xlink:label="ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax" xlink:title="ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax" />
    <link:label xlink:type="resource" xlink:label="label_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax" xml:lang="en-US" id="label_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax">Reclassification adjustments on exchange differences on translation of foreign operations, before tax</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax" xlink:to="label_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax" xlink:title="Label : ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax to label_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax" />
    <link:label xlink:type="resource" xlink:label="label_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax_1" xml:lang="en-US" id="label_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax_1">Effect of foreign currency exchange rate variation on financial instruments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax" xlink:to="label_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax_1" xlink:title="Label : ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax to label_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome" xlink:label="IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome" xlink:title="IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome" />
    <link:label xlink:type="resource" xlink:label="label_IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome" xml:lang="en-US" id="label_IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome">Income tax relating to exchange differences on translation of foreign operations included in other comprehensive income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome" xlink:to="label_IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome" xlink:title="Label : IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome to label_IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome" />
    <link:label xlink:type="resource" xlink:label="label_IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome_1" xml:lang="en-US" id="label_IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome_1">IRPJ and CSLL on foreign currency exchange rate variation on financial instruments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome" xlink:to="label_IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome_1" xlink:title="Label : IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome to label_IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityAbstract" xlink:label="ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityAbstract" xlink:title="ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityAbstract" />
    <link:label xlink:type="resource" xlink:label="label_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityAbstract" xml:lang="en-US" id="label_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityAbstract">Profit (loss), attributable to ordinary equity holders of parent entity [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityAbstract" xlink:to="label_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityAbstract" xlink:title="Label : ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityAbstract to label_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityAbstract" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AllocationToLegalReserves" xlink:label="AllocationToLegalReserves" xlink:title="AllocationToLegalReserves" />
    <link:label xlink:type="resource" xlink:label="label_AllocationToLegalReserves" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AllocationToLegalReserves" xml:lang="en-US" id="label_AllocationToLegalReserves">Allocation To Legal Reserves</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllocationToLegalReserves" xlink:to="label_AllocationToLegalReserves" xlink:title="Label : AllocationToLegalReserves to label_AllocationToLegalReserves" />
    <link:label xlink:type="resource" xlink:label="label_AllocationToLegalReserves_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AllocationToLegalReserves_1" xml:lang="en-US" id="label_AllocationToLegalReserves_1">The amount of allocation to legal reserves from the net income.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllocationToLegalReserves" xlink:to="label_AllocationToLegalReserves_1" xlink:title="Label : AllocationToLegalReserves to label_AllocationToLegalReserves_1" />
    <link:label xlink:type="resource" xlink:label="label_AllocationToLegalReserves_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AllocationToLegalReserves_2" xml:lang="en-US" id="label_AllocationToLegalReserves_2">Legal reserve (5% of the net income)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllocationToLegalReserves" xlink:to="label_AllocationToLegalReserves_2" xlink:title="Label : AllocationToLegalReserves to label_AllocationToLegalReserves_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AdjustedNetIncomeBasisForDividends" xlink:label="AdjustedNetIncomeBasisForDividends" xlink:title="AdjustedNetIncomeBasisForDividends" />
    <link:label xlink:type="resource" xlink:label="label_AdjustedNetIncomeBasisForDividends" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdjustedNetIncomeBasisForDividends" xml:lang="en-US" id="label_AdjustedNetIncomeBasisForDividends">Adjusted Net Income Basis for Dividends</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustedNetIncomeBasisForDividends" xlink:to="label_AdjustedNetIncomeBasisForDividends" xlink:title="Label : AdjustedNetIncomeBasisForDividends to label_AdjustedNetIncomeBasisForDividends" />
    <link:label xlink:type="resource" xlink:label="label_AdjustedNetIncomeBasisForDividends_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AdjustedNetIncomeBasisForDividends_1" xml:lang="en-US" id="label_AdjustedNetIncomeBasisForDividends_1">The total amount of adjusted net income of basis for dividends.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustedNetIncomeBasisForDividends" xlink:to="label_AdjustedNetIncomeBasisForDividends_1" xlink:title="Label : AdjustedNetIncomeBasisForDividends to label_AdjustedNetIncomeBasisForDividends_1" />
    <link:label xlink:type="resource" xlink:label="label_AdjustedNetIncomeBasisForDividends_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_AdjustedNetIncomeBasisForDividends_2" xml:lang="en-US" id="label_AdjustedNetIncomeBasisForDividends_2">Adjusted net income (basis for dividends)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustedNetIncomeBasisForDividends" xlink:to="label_AdjustedNetIncomeBasisForDividends_2" xlink:title="Label : AdjustedNetIncomeBasisForDividends to label_AdjustedNetIncomeBasisForDividends_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_MinimumMandatoryDividends" xlink:label="MinimumMandatoryDividends" xlink:title="MinimumMandatoryDividends" />
    <link:label xlink:type="resource" xlink:label="label_MinimumMandatoryDividends" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_MinimumMandatoryDividends" xml:lang="en-US" id="label_MinimumMandatoryDividends">Minimum mandatory amount recognised as distributions to owners during the period.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MinimumMandatoryDividends" xlink:to="label_MinimumMandatoryDividends" xlink:title="Label : MinimumMandatoryDividends to label_MinimumMandatoryDividends" />
    <link:label xlink:type="resource" xlink:label="label_MinimumMandatoryDividends_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_MinimumMandatoryDividends_1" xml:lang="en-US" id="label_MinimumMandatoryDividends_1">Minimum mandatory dividends for the year (50% of the adjusted net income)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MinimumMandatoryDividends" xlink:to="label_MinimumMandatoryDividends_1" xlink:title="Label : MinimumMandatoryDividends to label_MinimumMandatoryDividends_1" />
    <link:label xlink:type="resource" xlink:label="label_MinimumMandatoryDividends_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MinimumMandatoryDividends_2" xml:lang="en-US" id="label_MinimumMandatoryDividends_2">Minimum mandatory dividends</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MinimumMandatoryDividends" xlink:to="label_MinimumMandatoryDividends_2" xlink:title="Label : MinimumMandatoryDividends to label_MinimumMandatoryDividends_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AllocationOfNetIncomeToInvestmentsStatutoryReserve" xlink:label="AllocationOfNetIncomeToInvestmentsStatutoryReserve" xlink:title="AllocationOfNetIncomeToInvestmentsStatutoryReserve" />
    <link:label xlink:type="resource" xlink:label="label_AllocationOfNetIncomeToInvestmentsStatutoryReserve" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AllocationOfNetIncomeToInvestmentsStatutoryReserve" xml:lang="en-US" id="label_AllocationOfNetIncomeToInvestmentsStatutoryReserve">Allocation of Net Income to Investments Statutory Reserve</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllocationOfNetIncomeToInvestmentsStatutoryReserve" xlink:to="label_AllocationOfNetIncomeToInvestmentsStatutoryReserve" xlink:title="Label : AllocationOfNetIncomeToInvestmentsStatutoryReserve to label_AllocationOfNetIncomeToInvestmentsStatutoryReserve" />
    <link:label xlink:type="resource" xlink:label="label_AllocationOfNetIncomeToInvestmentsStatutoryReserve_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AllocationOfNetIncomeToInvestmentsStatutoryReserve_1" xml:lang="en-US" id="label_AllocationOfNetIncomeToInvestmentsStatutoryReserve_1">The amount of allocation of net income to investments statutory reserve.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllocationOfNetIncomeToInvestmentsStatutoryReserve" xlink:to="label_AllocationOfNetIncomeToInvestmentsStatutoryReserve_1" xlink:title="Label : AllocationOfNetIncomeToInvestmentsStatutoryReserve to label_AllocationOfNetIncomeToInvestmentsStatutoryReserve_1" />
    <link:label xlink:type="resource" xlink:label="label_AllocationOfNetIncomeToInvestmentsStatutoryReserve_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AllocationOfNetIncomeToInvestmentsStatutoryReserve_2" xml:lang="en-US" id="label_AllocationOfNetIncomeToInvestmentsStatutoryReserve_2">Investments statutory reserve</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllocationOfNetIncomeToInvestmentsStatutoryReserve" xlink:to="label_AllocationOfNetIncomeToInvestmentsStatutoryReserve_2" xlink:title="Label : AllocationOfNetIncomeToInvestmentsStatutoryReserve to label_AllocationOfNetIncomeToInvestmentsStatutoryReserve_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AllocationOfNetIncome" xlink:label="AllocationOfNetIncome" xlink:title="AllocationOfNetIncome" />
    <link:label xlink:type="resource" xlink:label="label_AllocationOfNetIncome" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AllocationOfNetIncome" xml:lang="en-US" id="label_AllocationOfNetIncome">The amount of allocation of net income.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllocationOfNetIncome" xlink:to="label_AllocationOfNetIncome" xlink:title="Label : AllocationOfNetIncome to label_AllocationOfNetIncome" />
    <link:label xlink:type="resource" xlink:label="label_AllocationOfNetIncome_1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_AllocationOfNetIncome_1" xml:lang="en-US" id="label_AllocationOfNetIncome_1">Total distribution of net income for the year attributable to shareholders of Ultrapar</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllocationOfNetIncome" xlink:to="label_AllocationOfNetIncome_1" xlink:title="Label : AllocationOfNetIncome to label_AllocationOfNetIncome_1" />
    <link:label xlink:type="resource" xlink:label="label_AllocationOfNetIncome_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AllocationOfNetIncome_2" xml:lang="en-US" id="label_AllocationOfNetIncome_2">Allocation Of Net Income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllocationOfNetIncome" xlink:to="label_AllocationOfNetIncome_2" xlink:title="Label : AllocationOfNetIncome to label_AllocationOfNetIncome_2" />
    <link:label xlink:type="resource" xlink:label="label_AllocationOfNetIncome_3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AllocationOfNetIncome_3" xml:lang="en-US" id="label_AllocationOfNetIncome_3">Total allocation of net income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllocationOfNetIncome" xlink:to="label_AllocationOfNetIncome_3" xlink:title="Label : AllocationOfNetIncome to label_AllocationOfNetIncome_3" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AllocationOfDividendsAbstract" xlink:label="AllocationOfDividendsAbstract" xlink:title="AllocationOfDividendsAbstract" />
    <link:label xlink:type="resource" xlink:label="label_AllocationOfDividendsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AllocationOfDividendsAbstract" xml:lang="en-US" id="label_AllocationOfDividendsAbstract">Allocation Of Dividends [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllocationOfDividendsAbstract" xlink:to="label_AllocationOfDividendsAbstract" xlink:title="Label : AllocationOfDividendsAbstract to label_AllocationOfDividendsAbstract" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DividendsPaid" xlink:label="DividendsPaid" xlink:title="DividendsPaid" />
    <link:label xlink:type="resource" xlink:label="label_DividendsPaid" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DividendsPaid" xml:lang="en-US" id="label_DividendsPaid">Dividends recognised as distributions to owners</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DividendsPaid" xlink:to="label_DividendsPaid" xlink:title="Label : DividendsPaid to label_DividendsPaid" />
    <link:label xlink:type="resource" xlink:label="label_DividendsPaid_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_DividendsPaid_1" xml:lang="en-US" id="label_DividendsPaid_1">Approval of additional dividends by the Shareholders' Meeting</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DividendsPaid" xlink:to="label_DividendsPaid_1" xlink:title="Label : DividendsPaid to label_DividendsPaid_1" />
    <link:label xlink:type="resource" xlink:label="label_DividendsPaid_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DividendsPaid_2" xml:lang="en-US" id="label_DividendsPaid_2">Provisions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DividendsPaid" xlink:to="label_DividendsPaid_2" xlink:title="Label : DividendsPaid to label_DividendsPaid_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_LegalReserveAsPercentageOfNetIncome" xlink:label="LegalReserveAsPercentageOfNetIncome" xlink:title="LegalReserveAsPercentageOfNetIncome" />
    <link:label xlink:type="resource" xlink:label="label_LegalReserveAsPercentageOfNetIncome" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_LegalReserveAsPercentageOfNetIncome" xml:lang="en-US" id="label_LegalReserveAsPercentageOfNetIncome">The percentage of net income allocated to legal reserve.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LegalReserveAsPercentageOfNetIncome" xlink:to="label_LegalReserveAsPercentageOfNetIncome" xlink:title="Label : LegalReserveAsPercentageOfNetIncome to label_LegalReserveAsPercentageOfNetIncome" />
    <link:label xlink:type="resource" xlink:label="label_LegalReserveAsPercentageOfNetIncome_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LegalReserveAsPercentageOfNetIncome_1" xml:lang="en-US" id="label_LegalReserveAsPercentageOfNetIncome_1">Legal reserve as percentage of net income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LegalReserveAsPercentageOfNetIncome" xlink:to="label_LegalReserveAsPercentageOfNetIncome_1" xlink:title="Label : LegalReserveAsPercentageOfNetIncome to label_LegalReserveAsPercentageOfNetIncome_1" />
    <link:label xlink:type="resource" xlink:label="label_LegalReserveAsPercentageOfNetIncome_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LegalReserveAsPercentageOfNetIncome_2" xml:lang="en-US" id="label_LegalReserveAsPercentageOfNetIncome_2">Legal reserve as percentage of net income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LegalReserveAsPercentageOfNetIncome" xlink:to="label_LegalReserveAsPercentageOfNetIncome_2" xlink:title="Label : LegalReserveAsPercentageOfNetIncome to label_LegalReserveAsPercentageOfNetIncome_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_StatutoryReserveAsPercentageOfNetIncome" xlink:label="StatutoryReserveAsPercentageOfNetIncome" xlink:title="StatutoryReserveAsPercentageOfNetIncome" />
    <link:label xlink:type="resource" xlink:label="label_StatutoryReserveAsPercentageOfNetIncome" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_StatutoryReserveAsPercentageOfNetIncome" xml:lang="en-US" id="label_StatutoryReserveAsPercentageOfNetIncome">The percentage of net income allocated to statutory reserve of dividends.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StatutoryReserveAsPercentageOfNetIncome" xlink:to="label_StatutoryReserveAsPercentageOfNetIncome" xlink:title="Label : StatutoryReserveAsPercentageOfNetIncome to label_StatutoryReserveAsPercentageOfNetIncome" />
    <link:label xlink:type="resource" xlink:label="label_StatutoryReserveAsPercentageOfNetIncome_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_StatutoryReserveAsPercentageOfNetIncome_1" xml:lang="en-US" id="label_StatutoryReserveAsPercentageOfNetIncome_1">Statutory reserve as percentage of net income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StatutoryReserveAsPercentageOfNetIncome" xlink:to="label_StatutoryReserveAsPercentageOfNetIncome_1" xlink:title="Label : StatutoryReserveAsPercentageOfNetIncome to label_StatutoryReserveAsPercentageOfNetIncome_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RawMaterialsAndConsumablesUsed" xlink:label="RawMaterialsAndConsumablesUsed" xlink:title="RawMaterialsAndConsumablesUsed" />
    <link:label xlink:type="resource" xlink:label="label_RawMaterialsAndConsumablesUsed" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RawMaterialsAndConsumablesUsed" xml:lang="en-US" id="label_RawMaterialsAndConsumablesUsed">Raw materials and consumables used</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RawMaterialsAndConsumablesUsed" xlink:to="label_RawMaterialsAndConsumablesUsed" xlink:title="Label : RawMaterialsAndConsumablesUsed to label_RawMaterialsAndConsumablesUsed" />
    <link:label xlink:type="resource" xlink:label="label_RawMaterialsAndConsumablesUsed_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_RawMaterialsAndConsumablesUsed_1" xml:lang="en-US" id="label_RawMaterialsAndConsumablesUsed_1">Raw materials and materials for use and consumption</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RawMaterialsAndConsumablesUsed" xlink:to="label_RawMaterialsAndConsumablesUsed_1" xlink:title="Label : RawMaterialsAndConsumablesUsed to label_RawMaterialsAndConsumablesUsed_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_EmployeeBenefitsExpense" xlink:label="EmployeeBenefitsExpense" xlink:title="EmployeeBenefitsExpense" />
    <link:label xlink:type="resource" xlink:label="label_EmployeeBenefitsExpense" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xlink:title="label_EmployeeBenefitsExpense" xml:lang="en-US" id="label_EmployeeBenefitsExpense">Personnel expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EmployeeBenefitsExpense" xlink:to="label_EmployeeBenefitsExpense" xlink:title="Label : EmployeeBenefitsExpense to label_EmployeeBenefitsExpense" />
    <link:label xlink:type="resource" xlink:label="label_EmployeeBenefitsExpense_1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_EmployeeBenefitsExpense_1" xml:lang="en-US" id="label_EmployeeBenefitsExpense_1">Expense for the year</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EmployeeBenefitsExpense" xlink:to="label_EmployeeBenefitsExpense_1" xlink:title="Label : EmployeeBenefitsExpense to label_EmployeeBenefitsExpense_1" />
    <link:label xlink:type="resource" xlink:label="label_EmployeeBenefitsExpense_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EmployeeBenefitsExpense_2" xml:lang="en-US" id="label_EmployeeBenefitsExpense_2">Employee benefits expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EmployeeBenefitsExpense" xlink:to="label_EmployeeBenefitsExpense_2" xlink:title="Label : EmployeeBenefitsExpense to label_EmployeeBenefitsExpense_2" />
    <link:label xlink:type="resource" xlink:label="label_EmployeeBenefitsExpense_3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_EmployeeBenefitsExpense_3" xml:lang="en-US" id="label_EmployeeBenefitsExpense_3">Expense for the year</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EmployeeBenefitsExpense" xlink:to="label_EmployeeBenefitsExpense_3" xlink:title="Label : EmployeeBenefitsExpense to label_EmployeeBenefitsExpense_3" />
    <link:label xlink:type="resource" xlink:label="label_EmployeeBenefitsExpense_4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_EmployeeBenefitsExpense_4" xml:lang="en-US" id="label_EmployeeBenefitsExpense_4">Employee benefit expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EmployeeBenefitsExpense" xlink:to="label_EmployeeBenefitsExpense_4" xlink:title="Label : EmployeeBenefitsExpense to label_EmployeeBenefitsExpense_4" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_FreightAndStorageExpense" xlink:label="FreightAndStorageExpense" xlink:title="FreightAndStorageExpense" />
    <link:label xlink:type="resource" xlink:label="label_FreightAndStorageExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FreightAndStorageExpense" xml:lang="en-US" id="label_FreightAndStorageExpense">Freight and storage expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FreightAndStorageExpense" xlink:to="label_FreightAndStorageExpense" xlink:title="Label : FreightAndStorageExpense to label_FreightAndStorageExpense" />
    <link:label xlink:type="resource" xlink:label="label_FreightAndStorageExpense_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_FreightAndStorageExpense_1" xml:lang="en-US" id="label_FreightAndStorageExpense_1">Freight and storage</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FreightAndStorageExpense" xlink:to="label_FreightAndStorageExpense_1" xlink:title="Label : FreightAndStorageExpense to label_FreightAndStorageExpense_1" />
    <link:label xlink:type="resource" xlink:label="label_FreightAndStorageExpense_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_FreightAndStorageExpense_2" xml:lang="en-US" id="label_FreightAndStorageExpense_2">The amount of Freight and storage expenses.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FreightAndStorageExpense" xlink:to="label_FreightAndStorageExpense_2" xlink:title="Label : FreightAndStorageExpense to label_FreightAndStorageExpense_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DepreciationAndAmortisationExpense" xlink:label="DepreciationAndAmortisationExpense" xlink:title="DepreciationAndAmortisationExpense" />
    <link:label xlink:type="resource" xlink:label="label_DepreciationAndAmortisationExpense" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DepreciationAndAmortisationExpense" xml:lang="en-US" id="label_DepreciationAndAmortisationExpense">Depreciation of PP&amp;E and amortization of intangible assets charges</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepreciationAndAmortisationExpense" xlink:to="label_DepreciationAndAmortisationExpense" xlink:title="Label : DepreciationAndAmortisationExpense to label_DepreciationAndAmortisationExpense" />
    <link:label xlink:type="resource" xlink:label="label_DepreciationAndAmortisationExpense_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DepreciationAndAmortisationExpense_1" xml:lang="en-US" id="label_DepreciationAndAmortisationExpense_1">Depreciation and amortisation expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepreciationAndAmortisationExpense" xlink:to="label_DepreciationAndAmortisationExpense_1" xlink:title="Label : DepreciationAndAmortisationExpense to label_DepreciationAndAmortisationExpense_1" />
    <link:label xlink:type="resource" xlink:label="label_DepreciationAndAmortisationExpense_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_DepreciationAndAmortisationExpense_2" xml:lang="en-US" id="label_DepreciationAndAmortisationExpense_2">Depreciation and amortization</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepreciationAndAmortisationExpense" xlink:to="label_DepreciationAndAmortisationExpense_2" xlink:title="Label : DepreciationAndAmortisationExpense to label_DepreciationAndAmortisationExpense_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AdvertisingAndMarketingExpense" xlink:label="AdvertisingAndMarketingExpense" xlink:title="AdvertisingAndMarketingExpense" />
    <link:label xlink:type="resource" xlink:label="label_AdvertisingAndMarketingExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdvertisingAndMarketingExpense" xml:lang="en-US" id="label_AdvertisingAndMarketingExpense">Advertising and marketing expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdvertisingAndMarketingExpense" xlink:to="label_AdvertisingAndMarketingExpense" xlink:title="Label : AdvertisingAndMarketingExpense to label_AdvertisingAndMarketingExpense" />
    <link:label xlink:type="resource" xlink:label="label_AdvertisingAndMarketingExpense_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AdvertisingAndMarketingExpense_1" xml:lang="en-US" id="label_AdvertisingAndMarketingExpense_1">Advertising and marketing</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdvertisingAndMarketingExpense" xlink:to="label_AdvertisingAndMarketingExpense_1" xlink:title="Label : AdvertisingAndMarketingExpense to label_AdvertisingAndMarketingExpense_1" />
    <link:label xlink:type="resource" xlink:label="label_AdvertisingAndMarketingExpense_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AdvertisingAndMarketingExpense_2" xml:lang="en-US" id="label_AdvertisingAndMarketingExpense_2">The amount of Advertising and marketing expenses.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdvertisingAndMarketingExpense" xlink:to="label_AdvertisingAndMarketingExpense_2" xlink:title="Label : AdvertisingAndMarketingExpense to label_AdvertisingAndMarketingExpense_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ServicesExpense" xlink:label="ServicesExpense" xlink:title="ServicesExpense" />
    <link:label xlink:type="resource" xlink:label="label_ServicesExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ServicesExpense" xml:lang="en-US" id="label_ServicesExpense">Services expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ServicesExpense" xlink:to="label_ServicesExpense" xlink:title="Label : ServicesExpense to label_ServicesExpense" />
    <link:label xlink:type="resource" xlink:label="label_ServicesExpense_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ServicesExpense_1" xml:lang="en-US" id="label_ServicesExpense_1">Services provided by third parties</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ServicesExpense" xlink:to="label_ServicesExpense_1" xlink:title="Label : ServicesExpense to label_ServicesExpense_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherExpenseByNature" xlink:label="OtherExpenseByNature" xlink:title="OtherExpenseByNature" />
    <link:label xlink:type="resource" xlink:label="label_OtherExpenseByNature" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherExpenseByNature" xml:lang="en-US" id="label_OtherExpenseByNature">Other expenses, by nature</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherExpenseByNature" xlink:to="label_OtherExpenseByNature" xlink:title="Label : OtherExpenseByNature to label_OtherExpenseByNature" />
    <link:label xlink:type="resource" xlink:label="label_OtherExpenseByNature_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherExpenseByNature_1" xml:lang="en-US" id="label_OtherExpenseByNature_1">Other expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherExpenseByNature" xlink:to="label_OtherExpenseByNature_1" xlink:title="Label : OtherExpenseByNature to label_OtherExpenseByNature_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ExpenseByNature" xlink:label="ExpenseByNature" xlink:title="ExpenseByNature" />
    <link:label xlink:type="resource" xlink:label="label_ExpenseByNature" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ExpenseByNature" xml:lang="en-US" id="label_ExpenseByNature">Expenses, by nature</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExpenseByNature" xlink:to="label_ExpenseByNature" xlink:title="Label : ExpenseByNature to label_ExpenseByNature" />
    <link:label xlink:type="resource" xlink:label="label_ExpenseByNature_1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_ExpenseByNature_1" xml:lang="en-US" id="label_ExpenseByNature_1">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExpenseByNature" xlink:to="label_ExpenseByNature_1" xlink:title="Label : ExpenseByNature to label_ExpenseByNature_1" />
    <link:label xlink:type="resource" xlink:label="label_ExpenseByNature_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ExpenseByNature_2" xml:lang="en-US" id="label_ExpenseByNature_2">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExpenseByNature" xlink:to="label_ExpenseByNature_2" xlink:title="Label : ExpenseByNature to label_ExpenseByNature_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_FinancialInvestmentsInterest" xlink:label="FinancialInvestmentsInterest" xlink:title="FinancialInvestmentsInterest" />
    <link:label xlink:type="resource" xlink:label="label_FinancialInvestmentsInterest" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_FinancialInvestmentsInterest" xml:lang="en-US" id="label_FinancialInvestmentsInterest">The amount of interest income on financial investments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialInvestmentsInterest" xlink:to="label_FinancialInvestmentsInterest" xlink:title="Label : FinancialInvestmentsInterest to label_FinancialInvestmentsInterest" />
    <link:label xlink:type="resource" xlink:label="label_FinancialInvestmentsInterest_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_FinancialInvestmentsInterest_1" xml:lang="en-US" id="label_FinancialInvestmentsInterest_1">Interest on financial investments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialInvestmentsInterest" xlink:to="label_FinancialInvestmentsInterest_1" xlink:title="Label : FinancialInvestmentsInterest to label_FinancialInvestmentsInterest_1" />
    <link:label xlink:type="resource" xlink:label="label_FinancialInvestmentsInterest_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FinancialInvestmentsInterest_2" xml:lang="en-US" id="label_FinancialInvestmentsInterest_2">Financial investments interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialInvestmentsInterest" xlink:to="label_FinancialInvestmentsInterest_2" xlink:title="Label : FinancialInvestmentsInterest to label_FinancialInvestmentsInterest_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_InterestIncomeOnLoansAndAdvancesToCustomers" xlink:label="InterestIncomeOnLoansAndAdvancesToCustomers" xlink:title="InterestIncomeOnLoansAndAdvancesToCustomers" />
    <link:label xlink:type="resource" xlink:label="label_InterestIncomeOnLoansAndAdvancesToCustomers" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_InterestIncomeOnLoansAndAdvancesToCustomers" xml:lang="en-US" id="label_InterestIncomeOnLoansAndAdvancesToCustomers">Interest from customers</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestIncomeOnLoansAndAdvancesToCustomers" xlink:to="label_InterestIncomeOnLoansAndAdvancesToCustomers" xlink:title="Label : InterestIncomeOnLoansAndAdvancesToCustomers to label_InterestIncomeOnLoansAndAdvancesToCustomers" />
    <link:label xlink:type="resource" xlink:label="label_InterestIncomeOnLoansAndAdvancesToCustomers_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_InterestIncomeOnLoansAndAdvancesToCustomers_1" xml:lang="en-US" id="label_InterestIncomeOnLoansAndAdvancesToCustomers_1">Interest income on loans and advances to customers</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestIncomeOnLoansAndAdvancesToCustomers" xlink:to="label_InterestIncomeOnLoansAndAdvancesToCustomers_1" xlink:title="Label : InterestIncomeOnLoansAndAdvancesToCustomers to label_InterestIncomeOnLoansAndAdvancesToCustomers_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ChangesInSubscriptionWarrantsIncome" xlink:label="ChangesInSubscriptionWarrantsIncome" xlink:title="ChangesInSubscriptionWarrantsIncome" />
    <link:label xlink:type="resource" xlink:label="label_ChangesInSubscriptionWarrantsIncome" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ChangesInSubscriptionWarrantsIncome" xml:lang="en-US" id="label_ChangesInSubscriptionWarrantsIncome">The amount of interest income on changes in subscription warrants indemnification.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangesInSubscriptionWarrantsIncome" xlink:to="label_ChangesInSubscriptionWarrantsIncome" xlink:title="Label : ChangesInSubscriptionWarrantsIncome to label_ChangesInSubscriptionWarrantsIncome" />
    <link:label xlink:type="resource" xlink:label="label_ChangesInSubscriptionWarrantsIncome_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ChangesInSubscriptionWarrantsIncome_1" xml:lang="en-US" id="label_ChangesInSubscriptionWarrantsIncome_1">Changes in subscription warrants - indemnification</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangesInSubscriptionWarrantsIncome" xlink:to="label_ChangesInSubscriptionWarrantsIncome_1" xlink:title="Label : ChangesInSubscriptionWarrantsIncome to label_ChangesInSubscriptionWarrantsIncome_1" />
    <link:label xlink:type="resource" xlink:label="label_ChangesInSubscriptionWarrantsIncome_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ChangesInSubscriptionWarrantsIncome_2" xml:lang="en-US" id="label_ChangesInSubscriptionWarrantsIncome_2">Changes In Subscription Warrants Income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangesInSubscriptionWarrantsIncome" xlink:to="label_ChangesInSubscriptionWarrantsIncome_2" xlink:title="Label : ChangesInSubscriptionWarrantsIncome to label_ChangesInSubscriptionWarrantsIncome_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_SelicInterestOnPISAndCOFINSCredits" xlink:label="SelicInterestOnPISAndCOFINSCredits" xlink:title="SelicInterestOnPISAndCOFINSCredits" />
    <link:label xlink:type="resource" xlink:label="label_SelicInterestOnPISAndCOFINSCredits" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_SelicInterestOnPISAndCOFINSCredits" xml:lang="en-US" id="label_SelicInterestOnPISAndCOFINSCredits">Selic interest on extraordinary PIS/COFINS credits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SelicInterestOnPISAndCOFINSCredits" xlink:to="label_SelicInterestOnPISAndCOFINSCredits" xlink:title="Label : SelicInterestOnPISAndCOFINSCredits to label_SelicInterestOnPISAndCOFINSCredits" />
    <link:label xlink:type="resource" xlink:label="label_SelicInterestOnPISAndCOFINSCredits_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SelicInterestOnPISAndCOFINSCredits_1" xml:lang="en-US" id="label_SelicInterestOnPISAndCOFINSCredits_1">Selic Interest on P I S and C O F I N S Credits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SelicInterestOnPISAndCOFINSCredits" xlink:to="label_SelicInterestOnPISAndCOFINSCredits_1" xlink:title="Label : SelicInterestOnPISAndCOFINSCredits to label_SelicInterestOnPISAndCOFINSCredits_1" />
    <link:label xlink:type="resource" xlink:label="label_SelicInterestOnPISAndCOFINSCredits_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_SelicInterestOnPISAndCOFINSCredits_2" xml:lang="en-US" id="label_SelicInterestOnPISAndCOFINSCredits_2">The amount of SELIC interest income on Social Integration Program (PIS) and Contribution for Social Security Financing (COFINS) credits. SELIC means the rate assessed by the Brazilian Special Liquidation and Custody System (Sistema Especial de Liquida&#xE7;&#xE3;o e Cust&#xF3;dia) - SELIC, published by the Central Bank of Brazil.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SelicInterestOnPISAndCOFINSCredits" xlink:to="label_SelicInterestOnPISAndCOFINSCredits_2" xlink:title="Label : SelicInterestOnPISAndCOFINSCredits to label_SelicInterestOnPISAndCOFINSCredits_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherFinanceIncome" xlink:label="OtherFinanceIncome" xlink:title="OtherFinanceIncome" />
    <link:label xlink:type="resource" xlink:label="label_OtherFinanceIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherFinanceIncome" xml:lang="en-US" id="label_OtherFinanceIncome">Other finance income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherFinanceIncome" xlink:to="label_OtherFinanceIncome" xlink:title="Label : OtherFinanceIncome to label_OtherFinanceIncome" />
    <link:label xlink:type="resource" xlink:label="label_OtherFinanceIncome_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherFinanceIncome_1" xml:lang="en-US" id="label_OtherFinanceIncome_1">Other finance income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherFinanceIncome" xlink:to="label_OtherFinanceIncome_1" xlink:title="Label : OtherFinanceIncome to label_OtherFinanceIncome_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_InterestExpenseOnBorrowings" xlink:label="InterestExpenseOnBorrowings" xlink:title="InterestExpenseOnBorrowings" />
    <link:label xlink:type="resource" xlink:label="label_InterestExpenseOnBorrowings" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_InterestExpenseOnBorrowings" xml:lang="en-US" id="label_InterestExpenseOnBorrowings">Interest effect on debt</link:label>
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    <link:label xlink:type="resource" xlink:label="label_InterestExpenseOnBorrowings_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_InterestExpenseOnBorrowings_1" xml:lang="en-US" id="label_InterestExpenseOnBorrowings_1">Interest expense on borrowings</link:label>
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    <link:label xlink:type="resource" xlink:label="label_InterestExpenseOnBorrowings_2" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_InterestExpenseOnBorrowings_2" xml:lang="en-US" id="label_InterestExpenseOnBorrowings_2">Interest on loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestExpenseOnBorrowings" xlink:to="label_InterestExpenseOnBorrowings_2" xlink:title="Label : InterestExpenseOnBorrowings to label_InterestExpenseOnBorrowings_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_InterestExpenseOnDebtInstrumentsIssued" xlink:label="InterestExpenseOnDebtInstrumentsIssued" xlink:title="InterestExpenseOnDebtInstrumentsIssued" />
    <link:label xlink:type="resource" xlink:label="label_InterestExpenseOnDebtInstrumentsIssued" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_InterestExpenseOnDebtInstrumentsIssued" xml:lang="en-US" id="label_InterestExpenseOnDebtInstrumentsIssued">Interest expense on debt instruments issued</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestExpenseOnDebtInstrumentsIssued" xlink:to="label_InterestExpenseOnDebtInstrumentsIssued" xlink:title="Label : InterestExpenseOnDebtInstrumentsIssued to label_InterestExpenseOnDebtInstrumentsIssued" />
    <link:label xlink:type="resource" xlink:label="label_InterestExpenseOnDebtInstrumentsIssued_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_InterestExpenseOnDebtInstrumentsIssued_1" xml:lang="en-US" id="label_InterestExpenseOnDebtInstrumentsIssued_1">Interest on debentures</link:label>
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    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_FinanceLeasesInterest" xlink:label="FinanceLeasesInterest" xlink:title="FinanceLeasesInterest" />
    <link:label xlink:type="resource" xlink:label="label_FinanceLeasesInterest" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FinanceLeasesInterest" xml:lang="en-US" id="label_FinanceLeasesInterest">Finance leases interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinanceLeasesInterest" xlink:to="label_FinanceLeasesInterest" xlink:title="Label : FinanceLeasesInterest to label_FinanceLeasesInterest" />
    <link:label xlink:type="resource" xlink:label="label_FinanceLeasesInterest_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_FinanceLeasesInterest_1" xml:lang="en-US" id="label_FinanceLeasesInterest_1">Interest on leases payable</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinanceLeasesInterest" xlink:to="label_FinanceLeasesInterest_1" xlink:title="Label : FinanceLeasesInterest to label_FinanceLeasesInterest_1" />
    <link:label xlink:type="resource" xlink:label="label_FinanceLeasesInterest_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_FinanceLeasesInterest_2" xml:lang="en-US" id="label_FinanceLeasesInterest_2">The amount of interest expense on leases payable.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinanceLeasesInterest" xlink:to="label_FinanceLeasesInterest_2" xlink:title="Label : FinanceLeasesInterest to label_FinanceLeasesInterest_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_InterestExpenseOnOtherFinancialLiabilities" xlink:label="InterestExpenseOnOtherFinancialLiabilities" xlink:title="InterestExpenseOnOtherFinancialLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_InterestExpenseOnOtherFinancialLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_InterestExpenseOnOtherFinancialLiabilities" xml:lang="en-US" id="label_InterestExpenseOnOtherFinancialLiabilities">Bank charges, financial transactions tax, and other charges</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestExpenseOnOtherFinancialLiabilities" xlink:to="label_InterestExpenseOnOtherFinancialLiabilities" xlink:title="Label : InterestExpenseOnOtherFinancialLiabilities to label_InterestExpenseOnOtherFinancialLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_InterestExpenseOnOtherFinancialLiabilities_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_InterestExpenseOnOtherFinancialLiabilities_1" xml:lang="en-US" id="label_InterestExpenseOnOtherFinancialLiabilities_1">Interest expense on other financial liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestExpenseOnOtherFinancialLiabilities" xlink:to="label_InterestExpenseOnOtherFinancialLiabilities_1" xlink:title="Label : InterestExpenseOnOtherFinancialLiabilities to label_InterestExpenseOnOtherFinancialLiabilities_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ExchangeVariationNetOfGainsAndLossesDerivativeInstruments" xlink:label="ExchangeVariationNetOfGainsAndLossesDerivativeInstruments" xlink:title="ExchangeVariationNetOfGainsAndLossesDerivativeInstruments" />
    <link:label xlink:type="resource" xlink:label="label_ExchangeVariationNetOfGainsAndLossesDerivativeInstruments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ExchangeVariationNetOfGainsAndLossesDerivativeInstruments" xml:lang="en-US" id="label_ExchangeVariationNetOfGainsAndLossesDerivativeInstruments">Exchange variation net of gains and losses derivative instruments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExchangeVariationNetOfGainsAndLossesDerivativeInstruments" xlink:to="label_ExchangeVariationNetOfGainsAndLossesDerivativeInstruments" xlink:title="Label : ExchangeVariationNetOfGainsAndLossesDerivativeInstruments to label_ExchangeVariationNetOfGainsAndLossesDerivativeInstruments" />
    <link:label xlink:type="resource" xlink:label="label_ExchangeVariationNetOfGainsAndLossesDerivativeInstruments_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_ExchangeVariationNetOfGainsAndLossesDerivativeInstruments_1" xml:lang="en-US" id="label_ExchangeVariationNetOfGainsAndLossesDerivativeInstruments_1">Exchange variation, net of gains and losses with derivative financial instruments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExchangeVariationNetOfGainsAndLossesDerivativeInstruments" xlink:to="label_ExchangeVariationNetOfGainsAndLossesDerivativeInstruments_1" xlink:title="Label : ExchangeVariationNetOfGainsAndLossesDerivativeInstruments to label_ExchangeVariationNetOfGainsAndLossesDerivativeInstruments_1" />
    <link:label xlink:type="resource" xlink:label="label_ExchangeVariationNetOfGainsAndLossesDerivativeInstruments_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ExchangeVariationNetOfGainsAndLossesDerivativeInstruments_2" xml:lang="en-US" id="label_ExchangeVariationNetOfGainsAndLossesDerivativeInstruments_2">The amount of interest expense on exchange variation, net of gains and losses with derivative financial instruments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExchangeVariationNetOfGainsAndLossesDerivativeInstruments" xlink:to="label_ExchangeVariationNetOfGainsAndLossesDerivativeInstruments_2" xlink:title="Label : ExchangeVariationNetOfGainsAndLossesDerivativeInstruments to label_ExchangeVariationNetOfGainsAndLossesDerivativeInstruments_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ChangesInSubscriptionWarrants" xlink:label="ChangesInSubscriptionWarrants" xlink:title="ChangesInSubscriptionWarrants" />
    <link:label xlink:type="resource" xlink:label="label_ChangesInSubscriptionWarrants" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ChangesInSubscriptionWarrants" xml:lang="en-US" id="label_ChangesInSubscriptionWarrants">The amount of interest expense on changes in subscription warrants indemnification.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangesInSubscriptionWarrants" xlink:to="label_ChangesInSubscriptionWarrants" xlink:title="Label : ChangesInSubscriptionWarrants to label_ChangesInSubscriptionWarrants" />
    <link:label xlink:type="resource" xlink:label="label_ChangesInSubscriptionWarrants_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_ChangesInSubscriptionWarrants_1" xml:lang="en-US" id="label_ChangesInSubscriptionWarrants_1">Changes in subscription warrants &#x2013; indemnification</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangesInSubscriptionWarrants" xlink:to="label_ChangesInSubscriptionWarrants_1" xlink:title="Label : ChangesInSubscriptionWarrants to label_ChangesInSubscriptionWarrants_1" />
    <link:label xlink:type="resource" xlink:label="label_ChangesInSubscriptionWarrants_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ChangesInSubscriptionWarrants_2" xml:lang="en-US" id="label_ChangesInSubscriptionWarrants_2">Changes in subscription warrants</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangesInSubscriptionWarrants" xlink:to="label_ChangesInSubscriptionWarrants_2" xlink:title="Label : ChangesInSubscriptionWarrants to label_ChangesInSubscriptionWarrants_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherFinanceCost" xlink:label="OtherFinanceCost" xlink:title="OtherFinanceCost" />
    <link:label xlink:type="resource" xlink:label="label_OtherFinanceCost" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_OtherFinanceCost" xml:lang="en-US" id="label_OtherFinanceCost">Interest of provisions and other expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherFinanceCost" xlink:to="label_OtherFinanceCost" xlink:title="Label : OtherFinanceCost to label_OtherFinanceCost" />
    <link:label xlink:type="resource" xlink:label="label_OtherFinanceCost_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherFinanceCost_1" xml:lang="en-US" id="label_OtherFinanceCost_1">Other finance cost</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherFinanceCost" xlink:to="label_OtherFinanceCost_1" xlink:title="Label : OtherFinanceCost to label_OtherFinanceCost_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_WeightedAverageShares" xlink:label="WeightedAverageShares" xlink:title="WeightedAverageShares" />
    <link:label xlink:type="resource" xlink:label="label_WeightedAverageShares" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_WeightedAverageShares" xml:lang="en-US" id="label_WeightedAverageShares">Weighted average shares outstanding (in thousands)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WeightedAverageShares" xlink:to="label_WeightedAverageShares" xlink:title="Label : WeightedAverageShares to label_WeightedAverageShares" />
    <link:label xlink:type="resource" xlink:label="label_WeightedAverageShares_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_WeightedAverageShares_1" xml:lang="en-US" id="label_WeightedAverageShares_1">Weighted average number of ordinary shares outstanding</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WeightedAverageShares" xlink:to="label_WeightedAverageShares_1" xlink:title="Label : WeightedAverageShares to label_WeightedAverageShares_1" />
    <link:label xlink:type="resource" xlink:label="label_WeightedAverageShares_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_WeightedAverageShares_2" xml:lang="en-US" id="label_WeightedAverageShares_2">Weighted average shares outstanding for basic per share</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WeightedAverageShares" xlink:to="label_WeightedAverageShares_2" xlink:title="Label : WeightedAverageShares to label_WeightedAverageShares_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AdjustedWeightedAverageShares" xlink:label="AdjustedWeightedAverageShares" xlink:title="AdjustedWeightedAverageShares" />
    <link:label xlink:type="resource" xlink:label="label_AdjustedWeightedAverageShares" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_AdjustedWeightedAverageShares" xml:lang="en-US" id="label_AdjustedWeightedAverageShares">Weighted average shares outstanding for diluted per share</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustedWeightedAverageShares" xlink:to="label_AdjustedWeightedAverageShares" xlink:title="Label : AdjustedWeightedAverageShares to label_AdjustedWeightedAverageShares" />
    <link:label xlink:type="resource" xlink:label="label_AdjustedWeightedAverageShares_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdjustedWeightedAverageShares_1" xml:lang="en-US" id="label_AdjustedWeightedAverageShares_1">Weighted average number of ordinary shares used in calculating diluted earnings per share</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustedWeightedAverageShares" xlink:to="label_AdjustedWeightedAverageShares_1" xlink:title="Label : AdjustedWeightedAverageShares to label_AdjustedWeightedAverageShares_1" />
    <link:label xlink:type="resource" xlink:label="label_AdjustedWeightedAverageShares_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AdjustedWeightedAverageShares_2" xml:lang="en-US" id="label_AdjustedWeightedAverageShares_2">Weighted average shares outstanding (in thousands), including dilution effects</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustedWeightedAverageShares" xlink:to="label_AdjustedWeightedAverageShares_2" xlink:title="Label : AdjustedWeightedAverageShares to label_AdjustedWeightedAverageShares_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DilutiveEffectOfConvertibleInstrumentsOnNumberOfOrdinaryShares" xlink:label="DilutiveEffectOfConvertibleInstrumentsOnNumberOfOrdinaryShares" xlink:title="DilutiveEffectOfConvertibleInstrumentsOnNumberOfOrdinaryShares" />
    <link:label xlink:type="resource" xlink:label="label_DilutiveEffectOfConvertibleInstrumentsOnNumberOfOrdinaryShares" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DilutiveEffectOfConvertibleInstrumentsOnNumberOfOrdinaryShares" xml:lang="en-US" id="label_DilutiveEffectOfConvertibleInstrumentsOnNumberOfOrdinaryShares">Subscription warrants - indemnification</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DilutiveEffectOfConvertibleInstrumentsOnNumberOfOrdinaryShares" xlink:to="label_DilutiveEffectOfConvertibleInstrumentsOnNumberOfOrdinaryShares" xlink:title="Label : DilutiveEffectOfConvertibleInstrumentsOnNumberOfOrdinaryShares to label_DilutiveEffectOfConvertibleInstrumentsOnNumberOfOrdinaryShares" />
    <link:label xlink:type="resource" xlink:label="label_DilutiveEffectOfConvertibleInstrumentsOnNumberOfOrdinaryShares_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DilutiveEffectOfConvertibleInstrumentsOnNumberOfOrdinaryShares_1" xml:lang="en-US" id="label_DilutiveEffectOfConvertibleInstrumentsOnNumberOfOrdinaryShares_1">Dilutive effect of convertible instruments on number of ordinary shares</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DilutiveEffectOfConvertibleInstrumentsOnNumberOfOrdinaryShares" xlink:to="label_DilutiveEffectOfConvertibleInstrumentsOnNumberOfOrdinaryShares_1" xlink:title="Label : DilutiveEffectOfConvertibleInstrumentsOnNumberOfOrdinaryShares to label_DilutiveEffectOfConvertibleInstrumentsOnNumberOfOrdinaryShares_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares" xlink:label="DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares" xlink:title="DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares" />
    <link:label xlink:type="resource" xlink:label="label_DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares" xml:lang="en-US" id="label_DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares">Deferred stock plan</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares" xlink:to="label_DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares" xlink:title="Label : DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares to label_DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares" />
    <link:label xlink:type="resource" xlink:label="label_DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares_1" xml:lang="en-US" id="label_DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares_1">Dilutive effect of share options on number of ordinary shares</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares" xlink:to="label_DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares_1" xlink:title="Label : DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares to label_DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_UltragazMember" xlink:label="UltragazMember" xlink:title="UltragazMember" />
    <link:label xlink:type="resource" xlink:label="label_UltragazMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_UltragazMember" xml:lang="en-US" id="label_UltragazMember">Ultragaz [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UltragazMember" xlink:to="label_UltragazMember" xlink:title="Label : UltragazMember to label_UltragazMember" />
    <link:label xlink:type="resource" xlink:label="label_UltragazMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_UltragazMember_1" xml:lang="en-US" id="label_UltragazMember_1">Ultragaz [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UltragazMember" xlink:to="label_UltragazMember_1" xlink:title="Label : UltragazMember to label_UltragazMember_1" />
    <link:label xlink:type="resource" xlink:label="label_UltragazMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_UltragazMember_2" xml:lang="en-US" id="label_UltragazMember_2">This member stands for the information pertaining to Ultragaz.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UltragazMember" xlink:to="label_UltragazMember_2" xlink:title="Label : UltragazMember to label_UltragazMember_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AllOtherSegmentsMember" xlink:label="AllOtherSegmentsMember" xlink:title="AllOtherSegmentsMember" />
    <link:label xlink:type="resource" xlink:label="label_AllOtherSegmentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AllOtherSegmentsMember" xml:lang="en-US" id="label_AllOtherSegmentsMember">All other segments [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllOtherSegmentsMember" xlink:to="label_AllOtherSegmentsMember" xlink:title="Label : AllOtherSegmentsMember to label_AllOtherSegmentsMember" />
    <link:label xlink:type="resource" xlink:label="label_AllOtherSegmentsMember_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AllOtherSegmentsMember_1" xml:lang="en-US" id="label_AllOtherSegmentsMember_1">All other segments [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllOtherSegmentsMember" xlink:to="label_AllOtherSegmentsMember_1" xlink:title="Label : AllOtherSegmentsMember to label_AllOtherSegmentsMember_1" />
    <link:label xlink:type="resource" xlink:label="label_AllOtherSegmentsMember_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_AllOtherSegmentsMember_2" xml:lang="en-US" id="label_AllOtherSegmentsMember_2">Others [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllOtherSegmentsMember" xlink:to="label_AllOtherSegmentsMember_2" xlink:title="Label : AllOtherSegmentsMember to label_AllOtherSegmentsMember_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_SegmentConsolidationItemsAxis" xlink:label="SegmentConsolidationItemsAxis" xlink:title="SegmentConsolidationItemsAxis" />
    <link:label xlink:type="resource" xlink:label="label_SegmentConsolidationItemsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SegmentConsolidationItemsAxis" xml:lang="en-US" id="label_SegmentConsolidationItemsAxis">Segment consolidation items [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SegmentConsolidationItemsAxis" xlink:to="label_SegmentConsolidationItemsAxis" xlink:title="Label : SegmentConsolidationItemsAxis to label_SegmentConsolidationItemsAxis" />
    <link:label xlink:type="resource" xlink:label="label_SegmentConsolidationItemsAxis_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_SegmentConsolidationItemsAxis_1" xml:lang="en-US" id="label_SegmentConsolidationItemsAxis_1">Segment consolidation items [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SegmentConsolidationItemsAxis" xlink:to="label_SegmentConsolidationItemsAxis_1" xlink:title="Label : SegmentConsolidationItemsAxis to label_SegmentConsolidationItemsAxis_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_EntitysTotalForSegmentConsolidationItemsMember" xlink:label="EntitysTotalForSegmentConsolidationItemsMember" xlink:title="EntitysTotalForSegmentConsolidationItemsMember" />
    <link:label xlink:type="resource" xlink:label="label_EntitysTotalForSegmentConsolidationItemsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EntitysTotalForSegmentConsolidationItemsMember" xml:lang="en-US" id="label_EntitysTotalForSegmentConsolidationItemsMember">Entity's total for segment consolidation items [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntitysTotalForSegmentConsolidationItemsMember" xlink:to="label_EntitysTotalForSegmentConsolidationItemsMember" xlink:title="Label : EntitysTotalForSegmentConsolidationItemsMember to label_EntitysTotalForSegmentConsolidationItemsMember" />
    <link:label xlink:type="resource" xlink:label="label_EntitysTotalForSegmentConsolidationItemsMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_EntitysTotalForSegmentConsolidationItemsMember_1" xml:lang="en-US" id="label_EntitysTotalForSegmentConsolidationItemsMember_1">Entity's total for segment consolidation items [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntitysTotalForSegmentConsolidationItemsMember" xlink:to="label_EntitysTotalForSegmentConsolidationItemsMember_1" xlink:title="Label : EntitysTotalForSegmentConsolidationItemsMember to label_EntitysTotalForSegmentConsolidationItemsMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_EliminationOfIntersegmentAmountsMember" xlink:label="EliminationOfIntersegmentAmountsMember" xlink:title="EliminationOfIntersegmentAmountsMember" />
    <link:label xlink:type="resource" xlink:label="label_EliminationOfIntersegmentAmountsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EliminationOfIntersegmentAmountsMember" xml:lang="en-US" id="label_EliminationOfIntersegmentAmountsMember">Elimination of intersegment amounts [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EliminationOfIntersegmentAmountsMember" xlink:to="label_EliminationOfIntersegmentAmountsMember" xlink:title="Label : EliminationOfIntersegmentAmountsMember to label_EliminationOfIntersegmentAmountsMember" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AdditionsPropertyPlantAndEquipmentAndIntangibleAssets" xlink:label="AdditionsPropertyPlantAndEquipmentAndIntangibleAssets" xlink:title="AdditionsPropertyPlantAndEquipmentAndIntangibleAssets" />
    <link:label xlink:type="resource" xlink:label="label_AdditionsPropertyPlantAndEquipmentAndIntangibleAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdditionsPropertyPlantAndEquipmentAndIntangibleAssets" xml:lang="en-US" id="label_AdditionsPropertyPlantAndEquipmentAndIntangibleAssets">Additions property plant and equipment and intangible assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionsPropertyPlantAndEquipmentAndIntangibleAssets" xlink:to="label_AdditionsPropertyPlantAndEquipmentAndIntangibleAssets" xlink:title="Label : AdditionsPropertyPlantAndEquipmentAndIntangibleAssets to label_AdditionsPropertyPlantAndEquipmentAndIntangibleAssets" />
    <link:label xlink:type="resource" xlink:label="label_AdditionsPropertyPlantAndEquipmentAndIntangibleAssets_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AdditionsPropertyPlantAndEquipmentAndIntangibleAssets_1" xml:lang="en-US" id="label_AdditionsPropertyPlantAndEquipmentAndIntangibleAssets_1">Total additions to PP&amp;E and intangible assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionsPropertyPlantAndEquipmentAndIntangibleAssets" xlink:to="label_AdditionsPropertyPlantAndEquipmentAndIntangibleAssets_1" xlink:title="Label : AdditionsPropertyPlantAndEquipmentAndIntangibleAssets to label_AdditionsPropertyPlantAndEquipmentAndIntangibleAssets_1" />
    <link:label xlink:type="resource" xlink:label="label_AdditionsPropertyPlantAndEquipmentAndIntangibleAssets_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AdditionsPropertyPlantAndEquipmentAndIntangibleAssets_2" xml:lang="en-US" id="label_AdditionsPropertyPlantAndEquipmentAndIntangibleAssets_2">The amount of additions in property plant and equipment and intangible assets.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionsPropertyPlantAndEquipmentAndIntangibleAssets" xlink:to="label_AdditionsPropertyPlantAndEquipmentAndIntangibleAssets_2" xlink:title="Label : AdditionsPropertyPlantAndEquipmentAndIntangibleAssets to label_AdditionsPropertyPlantAndEquipmentAndIntangibleAssets_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_BorrowingCostsCapitalised" xlink:label="BorrowingCostsCapitalised" xlink:title="BorrowingCostsCapitalised" />
    <link:label xlink:type="resource" xlink:label="label_BorrowingCostsCapitalised" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_BorrowingCostsCapitalised" xml:lang="en-US" id="label_BorrowingCostsCapitalised">Capitalized borrowing costs</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingCostsCapitalised" xlink:to="label_BorrowingCostsCapitalised" xlink:title="Label : BorrowingCostsCapitalised to label_BorrowingCostsCapitalised" />
    <link:label xlink:type="resource" xlink:label="label_BorrowingCostsCapitalised_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_BorrowingCostsCapitalised_1" xml:lang="en-US" id="label_BorrowingCostsCapitalised_1">Borrowing costs capitalised</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingCostsCapitalised" xlink:to="label_BorrowingCostsCapitalised_1" xlink:title="Label : BorrowingCostsCapitalised to label_BorrowingCostsCapitalised_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets" xlink:label="PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets" xlink:title="PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets" />
    <link:label xlink:type="resource" xlink:label="label_PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets" xml:lang="en-US" id="label_PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets">Total investments in PP&amp;E and intangible assets (cash flow)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets" xlink:to="label_PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets" xlink:title="Label : PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets to label_PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets" />
    <link:label xlink:type="resource" xlink:label="label_PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets_1" xml:lang="en-US" id="label_PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets_1">Purchase of property, plant and equipment, intangible assets other than goodwill, investment property and other non-current assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets" xlink:to="label_PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets_1" xlink:title="Label : PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets to label_PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets_1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2021/country-2021.xsd#country_US" xlink:label="US" xlink:title="US" />
    <link:label xlink:type="resource" xlink:label="label_US" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_US" xml:lang="en-US" id="label_US">UNITED STATES</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="US" xlink:to="label_US" xlink:title="Label : US to label_US" />
    <link:label xlink:type="resource" xlink:label="label_US_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_US_1" xml:lang="en-US" id="label_US_1">United States [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="US" xlink:to="label_US_1" xlink:title="Label : US to label_US_1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2021/country-2021.xsd#country_MX" xlink:label="MX" xlink:title="MX" />
    <link:label xlink:type="resource" xlink:label="label_MX" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MX" xml:lang="en-US" id="label_MX">MEXICO</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MX" xlink:to="label_MX" xlink:title="Label : MX to label_MX" />
    <link:label xlink:type="resource" xlink:label="label_MX_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_MX_1" xml:lang="en-US" id="label_MX_1">Mexico [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MX" xlink:to="label_MX_1" xlink:title="Label : MX to label_MX_1" />
    <link:label xlink:type="resource" xlink:label="label_MX_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_MX_2" xml:lang="en-US" id="label_MX_2">Mexico [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MX" xlink:to="label_MX_2" xlink:title="Label : MX to label_MX_2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2021/country-2021.xsd#country_UY" xlink:label="UY" xlink:title="UY" />
    <link:label xlink:type="resource" xlink:label="label_UY" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_UY" xml:lang="en-US" id="label_UY">URUGUAY</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UY" xlink:to="label_UY" xlink:title="Label : UY to label_UY" />
    <link:label xlink:type="resource" xlink:label="label_UY_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_UY_1" xml:lang="en-US" id="label_UY_1">Uruguay [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UY" xlink:to="label_UY_1" xlink:title="Label : UY to label_UY_1" />
    <link:label xlink:type="resource" xlink:label="label_UY_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_UY_2" xml:lang="en-US" id="label_UY_2">Uruguay [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UY" xlink:to="label_UY_2" xlink:title="Label : UY to label_UY_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts" xlink:label="NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts" xlink:title="NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts" />
    <link:label xlink:type="resource" xlink:label="label_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts" xml:lang="en-US" id="label_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts">Right-of-use assets, PP&amp;E and intangible assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts" xlink:to="label_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts" xlink:title="Label : NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts to label_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts" />
    <link:label xlink:type="resource" xlink:label="label_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts_1" xml:lang="en-US" id="label_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts_1">Non-current assets other than financial instruments, deferred tax assets, post-employment benefit assets, and rights arising under insurance contracts</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts" xlink:to="label_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts_1" xlink:title="Label : NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts to label_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts_1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2021/country-2021.xsd#country_BR" xlink:label="BR" xlink:title="BR" />
    <link:label xlink:type="resource" xlink:label="label_BR" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_BR" xml:lang="en-US" id="label_BR">BRAZIL</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BR" xlink:to="label_BR" xlink:title="Label : BR to label_BR" />
    <link:label xlink:type="resource" xlink:label="label_BR_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_BR_1" xml:lang="en-US" id="label_BR_1">Brazil [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BR" xlink:to="label_BR_1" xlink:title="Label : BR to label_BR_1" />
    <link:label xlink:type="resource" xlink:label="label_BR_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_BR_2" xml:lang="en-US" id="label_BR_2">Brasil [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BR" xlink:to="label_BR_2" xlink:title="Label : BR to label_BR_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_OtherLatinAmericanCountriesMember" xlink:label="OtherLatinAmericanCountriesMember" xlink:title="OtherLatinAmericanCountriesMember" />
    <link:label xlink:type="resource" xlink:label="label_OtherLatinAmericanCountriesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_OtherLatinAmericanCountriesMember" xml:lang="en-US" id="label_OtherLatinAmericanCountriesMember">This member stands for the information pertaining to a geographical region of "Other Latin American countries".</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherLatinAmericanCountriesMember" xlink:to="label_OtherLatinAmericanCountriesMember" xlink:title="Label : OtherLatinAmericanCountriesMember to label_OtherLatinAmericanCountriesMember" />
    <link:label xlink:type="resource" xlink:label="label_OtherLatinAmericanCountriesMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherLatinAmericanCountriesMember_1" xml:lang="en-US" id="label_OtherLatinAmericanCountriesMember_1">Other Latin American countries [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherLatinAmericanCountriesMember" xlink:to="label_OtherLatinAmericanCountriesMember_1" xlink:title="Label : OtherLatinAmericanCountriesMember to label_OtherLatinAmericanCountriesMember_1" />
    <link:label xlink:type="resource" xlink:label="label_OtherLatinAmericanCountriesMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherLatinAmericanCountriesMember_2" xml:lang="en-US" id="label_OtherLatinAmericanCountriesMember_2">Other Latin American Countries [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherLatinAmericanCountriesMember" xlink:to="label_OtherLatinAmericanCountriesMember_2" xlink:title="Label : OtherLatinAmericanCountriesMember to label_OtherLatinAmericanCountriesMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_UnitedStatesOfAmericaAndCanadaMember" xlink:label="UnitedStatesOfAmericaAndCanadaMember" xlink:title="UnitedStatesOfAmericaAndCanadaMember" />
    <link:label xlink:type="resource" xlink:label="label_UnitedStatesOfAmericaAndCanadaMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_UnitedStatesOfAmericaAndCanadaMember" xml:lang="en-US" id="label_UnitedStatesOfAmericaAndCanadaMember">United States of America and Canada [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UnitedStatesOfAmericaAndCanadaMember" xlink:to="label_UnitedStatesOfAmericaAndCanadaMember" xlink:title="Label : UnitedStatesOfAmericaAndCanadaMember to label_UnitedStatesOfAmericaAndCanadaMember" />
    <link:label xlink:type="resource" xlink:label="label_UnitedStatesOfAmericaAndCanadaMember_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_UnitedStatesOfAmericaAndCanadaMember_1" xml:lang="en-US" id="label_UnitedStatesOfAmericaAndCanadaMember_1">United States Of America And Canada [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UnitedStatesOfAmericaAndCanadaMember" xlink:to="label_UnitedStatesOfAmericaAndCanadaMember_1" xlink:title="Label : UnitedStatesOfAmericaAndCanadaMember to label_UnitedStatesOfAmericaAndCanadaMember_1" />
    <link:label xlink:type="resource" xlink:label="label_UnitedStatesOfAmericaAndCanadaMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_UnitedStatesOfAmericaAndCanadaMember_2" xml:lang="en-US" id="label_UnitedStatesOfAmericaAndCanadaMember_2">Region of United States of America and Canada.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UnitedStatesOfAmericaAndCanadaMember" xlink:to="label_UnitedStatesOfAmericaAndCanadaMember_2" xlink:title="Label : UnitedStatesOfAmericaAndCanadaMember to label_UnitedStatesOfAmericaAndCanadaMember_2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2021/elts/srt-2021-01-31.xsd#srt_EuropeMember" xlink:label="EuropeMember" xlink:title="EuropeMember" />
    <link:label xlink:type="resource" xlink:label="label_EuropeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_EuropeMember" xml:lang="en-US" id="label_EuropeMember">Europe [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EuropeMember" xlink:to="label_EuropeMember" xlink:title="Label : EuropeMember to label_EuropeMember" />
    <link:label xlink:type="resource" xlink:label="label_EuropeMember_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EuropeMember_1" xml:lang="en-US" id="label_EuropeMember_1">Europe [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EuropeMember" xlink:to="label_EuropeMember_1" xlink:title="Label : EuropeMember to label_EuropeMember_1" />
    <link:label xlink:type="resource" xlink:label="label_OtherRegionsMember_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherRegionsMember_1" xml:lang="en-US" id="label_OtherRegionsMember_1">Other Regions [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherRegionsMember" xlink:to="label_OtherRegionsMember_1" xlink:title="Label : OtherRegionsMember to label_OtherRegionsMember_1" />
    <link:label xlink:type="resource" xlink:label="label_OtherRegionsMember_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherRegionsMember_2" xml:lang="en-US" id="label_OtherRegionsMember_2">Other [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherRegionsMember" xlink:to="label_OtherRegionsMember_2" xlink:title="Label : OtherRegionsMember to label_OtherRegionsMember_2" />
    <link:label xlink:type="resource" xlink:label="label_OtherRegionsMember_3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_OtherRegionsMember_3" xml:lang="en-US" id="label_OtherRegionsMember_3">This member stands for the information pertaining to Other regions.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherRegionsMember" xlink:to="label_OtherRegionsMember_3" xlink:title="Label : OtherRegionsMember to label_OtherRegionsMember_3" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_CashCashEquivalentsAndFinancialInvestmentsInForeignCurrencyExceptHedgingInstruments" xlink:label="CashCashEquivalentsAndFinancialInvestmentsInForeignCurrencyExceptHedgingInstruments" xlink:title="CashCashEquivalentsAndFinancialInvestmentsInForeignCurrencyExceptHedgingInstruments" />
    <link:label xlink:type="resource" xlink:label="label_CashCashEquivalentsAndFinancialInvestmentsInForeignCurrencyExceptHedgingInstruments" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_CashCashEquivalentsAndFinancialInvestmentsInForeignCurrencyExceptHedgingInstruments" xml:lang="en-US" id="label_CashCashEquivalentsAndFinancialInvestmentsInForeignCurrencyExceptHedgingInstruments">The amount of cash, cash equivalents and financial investments in foreign currency but excluding hedging instruments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashCashEquivalentsAndFinancialInvestmentsInForeignCurrencyExceptHedgingInstruments" xlink:to="label_CashCashEquivalentsAndFinancialInvestmentsInForeignCurrencyExceptHedgingInstruments" xlink:title="Label : CashCashEquivalentsAndFinancialInvestmentsInForeignCurrencyExceptHedgingInstruments to label_CashCashEquivalentsAndFinancialInvestmentsInForeignCurrencyExceptHedgingInstruments" />
    <link:label xlink:type="resource" xlink:label="label_CashCashEquivalentsAndFinancialInvestmentsInForeignCurrencyExceptHedgingInstruments_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CashCashEquivalentsAndFinancialInvestmentsInForeignCurrencyExceptHedgingInstruments_1" xml:lang="en-US" id="label_CashCashEquivalentsAndFinancialInvestmentsInForeignCurrencyExceptHedgingInstruments_1">Cash, cash equivalents and financial investments in foreign currency (except hedging instruments)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashCashEquivalentsAndFinancialInvestmentsInForeignCurrencyExceptHedgingInstruments" xlink:to="label_CashCashEquivalentsAndFinancialInvestmentsInForeignCurrencyExceptHedgingInstruments_1" xlink:title="Label : CashCashEquivalentsAndFinancialInvestmentsInForeignCurrencyExceptHedgingInstruments to label_CashCashEquivalentsAndFinancialInvestmentsInForeignCurrencyExceptHedgingInstruments_1" />
    <link:label xlink:type="resource" xlink:label="label_CashCashEquivalentsAndFinancialInvestmentsInForeignCurrencyExceptHedgingInstruments_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CashCashEquivalentsAndFinancialInvestmentsInForeignCurrencyExceptHedgingInstruments_2" xml:lang="en-US" id="label_CashCashEquivalentsAndFinancialInvestmentsInForeignCurrencyExceptHedgingInstruments_2">Cash cash equivalents and financial investments in foreign currency except hedging instruments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashCashEquivalentsAndFinancialInvestmentsInForeignCurrencyExceptHedgingInstruments" xlink:to="label_CashCashEquivalentsAndFinancialInvestmentsInForeignCurrencyExceptHedgingInstruments_2" xlink:title="Label : CashCashEquivalentsAndFinancialInvestmentsInForeignCurrencyExceptHedgingInstruments to label_CashCashEquivalentsAndFinancialInvestmentsInForeignCurrencyExceptHedgingInstruments_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ForeignTradeReceivablesNetOfAllowanceForDoubtfulAccountsAndAdvancesToForeignCustomers" xlink:label="ForeignTradeReceivablesNetOfAllowanceForDoubtfulAccountsAndAdvancesToForeignCustomers" xlink:title="ForeignTradeReceivablesNetOfAllowanceForDoubtfulAccountsAndAdvancesToForeignCustomers" />
    <link:label xlink:type="resource" xlink:label="label_ForeignTradeReceivablesNetOfAllowanceForDoubtfulAccountsAndAdvancesToForeignCustomers" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ForeignTradeReceivablesNetOfAllowanceForDoubtfulAccountsAndAdvancesToForeignCustomers" xml:lang="en-US" id="label_ForeignTradeReceivablesNetOfAllowanceForDoubtfulAccountsAndAdvancesToForeignCustomers">The amount due from Foreign trade receivables, net of allowance for doubtful accounts and advances to foreign customers.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignTradeReceivablesNetOfAllowanceForDoubtfulAccountsAndAdvancesToForeignCustomers" xlink:to="label_ForeignTradeReceivablesNetOfAllowanceForDoubtfulAccountsAndAdvancesToForeignCustomers" xlink:title="Label : ForeignTradeReceivablesNetOfAllowanceForDoubtfulAccountsAndAdvancesToForeignCustomers to label_ForeignTradeReceivablesNetOfAllowanceForDoubtfulAccountsAndAdvancesToForeignCustomers" />
    <link:label xlink:type="resource" xlink:label="label_ForeignTradeReceivablesNetOfAllowanceForDoubtfulAccountsAndAdvancesToForeignCustomers_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ForeignTradeReceivablesNetOfAllowanceForDoubtfulAccountsAndAdvancesToForeignCustomers_1" xml:lang="en-US" id="label_ForeignTradeReceivablesNetOfAllowanceForDoubtfulAccountsAndAdvancesToForeignCustomers_1">Foreign trade receivables, net of loss allowance for expected credit losses and advances to foreign customers</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignTradeReceivablesNetOfAllowanceForDoubtfulAccountsAndAdvancesToForeignCustomers" xlink:to="label_ForeignTradeReceivablesNetOfAllowanceForDoubtfulAccountsAndAdvancesToForeignCustomers_1" xlink:title="Label : ForeignTradeReceivablesNetOfAllowanceForDoubtfulAccountsAndAdvancesToForeignCustomers to label_ForeignTradeReceivablesNetOfAllowanceForDoubtfulAccountsAndAdvancesToForeignCustomers_1" />
    <link:label xlink:type="resource" xlink:label="label_ForeignTradeReceivablesNetOfAllowanceForDoubtfulAccountsAndAdvancesToForeignCustomers_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ForeignTradeReceivablesNetOfAllowanceForDoubtfulAccountsAndAdvancesToForeignCustomers_2" xml:lang="en-US" id="label_ForeignTradeReceivablesNetOfAllowanceForDoubtfulAccountsAndAdvancesToForeignCustomers_2">Foreign trade receivables net of allowance for doubtful accounts and advances to foreign customers</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignTradeReceivablesNetOfAllowanceForDoubtfulAccountsAndAdvancesToForeignCustomers" xlink:to="label_ForeignTradeReceivablesNetOfAllowanceForDoubtfulAccountsAndAdvancesToForeignCustomers_2" xlink:title="Label : ForeignTradeReceivablesNetOfAllowanceForDoubtfulAccountsAndAdvancesToForeignCustomers to label_ForeignTradeReceivablesNetOfAllowanceForDoubtfulAccountsAndAdvancesToForeignCustomers_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_OtherNetAssetsInForeignExceptCashCashEquivalentsFinancialInvestmentsTradeReceivablesFinancingAndPayables" xlink:label="OtherNetAssetsInForeignExceptCashCashEquivalentsFinancialInvestmentsTradeReceivablesFinancingAndPayables" xlink:title="OtherNetAssetsInForeignExceptCashCashEquivalentsFinancialInvestmentsTradeReceivablesFinancingAndPayables" />
    <link:label xlink:type="resource" xlink:label="label_OtherNetAssetsInForeignExceptCashCashEquivalentsFinancialInvestmentsTradeReceivablesFinancingAndPayables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherNetAssetsInForeignExceptCashCashEquivalentsFinancialInvestmentsTradeReceivablesFinancingAndPayables" xml:lang="en-US" id="label_OtherNetAssetsInForeignExceptCashCashEquivalentsFinancialInvestmentsTradeReceivablesFinancingAndPayables">Other Net Assets In Foreign Except Cash Cash Equivalents Financial Investments Trade Receivables Financing And Payables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherNetAssetsInForeignExceptCashCashEquivalentsFinancialInvestmentsTradeReceivablesFinancingAndPayables" xlink:to="label_OtherNetAssetsInForeignExceptCashCashEquivalentsFinancialInvestmentsTradeReceivablesFinancingAndPayables" xlink:title="Label : OtherNetAssetsInForeignExceptCashCashEquivalentsFinancialInvestmentsTradeReceivablesFinancingAndPayables to label_OtherNetAssetsInForeignExceptCashCashEquivalentsFinancialInvestmentsTradeReceivablesFinancingAndPayables" />
    <link:label xlink:type="resource" xlink:label="label_OtherNetAssetsInForeignExceptCashCashEquivalentsFinancialInvestmentsTradeReceivablesFinancingAndPayables_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherNetAssetsInForeignExceptCashCashEquivalentsFinancialInvestmentsTradeReceivablesFinancingAndPayables_1" xml:lang="en-US" id="label_OtherNetAssetsInForeignExceptCashCashEquivalentsFinancialInvestmentsTradeReceivablesFinancingAndPayables_1">Other assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherNetAssetsInForeignExceptCashCashEquivalentsFinancialInvestmentsTradeReceivablesFinancingAndPayables" xlink:to="label_OtherNetAssetsInForeignExceptCashCashEquivalentsFinancialInvestmentsTradeReceivablesFinancingAndPayables_1" xlink:title="Label : OtherNetAssetsInForeignExceptCashCashEquivalentsFinancialInvestmentsTradeReceivablesFinancingAndPayables to label_OtherNetAssetsInForeignExceptCashCashEquivalentsFinancialInvestmentsTradeReceivablesFinancingAndPayables_1" />
    <link:label xlink:type="resource" xlink:label="label_OtherNetAssetsInForeignExceptCashCashEquivalentsFinancialInvestmentsTradeReceivablesFinancingAndPayables_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_OtherNetAssetsInForeignExceptCashCashEquivalentsFinancialInvestmentsTradeReceivablesFinancingAndPayables_2" xml:lang="en-US" id="label_OtherNetAssetsInForeignExceptCashCashEquivalentsFinancialInvestmentsTradeReceivablesFinancingAndPayables_2">The amount of other net assets in foreign currency but excluding cash, cash equivalents, financial investments, trade receivables, financing and payables.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherNetAssetsInForeignExceptCashCashEquivalentsFinancialInvestmentsTradeReceivablesFinancingAndPayables" xlink:to="label_OtherNetAssetsInForeignExceptCashCashEquivalentsFinancialInvestmentsTradeReceivablesFinancingAndPayables_2" xlink:title="Label : OtherNetAssetsInForeignExceptCashCashEquivalentsFinancialInvestmentsTradeReceivablesFinancingAndPayables to label_OtherNetAssetsInForeignExceptCashCashEquivalentsFinancialInvestmentsTradeReceivablesFinancingAndPayables_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AssetsInForeignCurrency" xlink:label="AssetsInForeignCurrency" xlink:title="AssetsInForeignCurrency" />
    <link:label xlink:type="resource" xlink:label="label_AssetsInForeignCurrency" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AssetsInForeignCurrency" xml:lang="en-US" id="label_AssetsInForeignCurrency">The amount of total assets in foreign currency.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AssetsInForeignCurrency" xlink:to="label_AssetsInForeignCurrency" xlink:title="Label : AssetsInForeignCurrency to label_AssetsInForeignCurrency" />
    <link:label xlink:type="resource" xlink:label="label_AssetsInForeignCurrency_1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_AssetsInForeignCurrency_1" xml:lang="en-US" id="label_AssetsInForeignCurrency_1">Assets in foreign currency</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AssetsInForeignCurrency" xlink:to="label_AssetsInForeignCurrency_1" xlink:title="Label : AssetsInForeignCurrency to label_AssetsInForeignCurrency_1" />
    <link:label xlink:type="resource" xlink:label="label_AssetsInForeignCurrency_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AssetsInForeignCurrency_2" xml:lang="en-US" id="label_AssetsInForeignCurrency_2">Assets in foreign currency</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AssetsInForeignCurrency" xlink:to="label_AssetsInForeignCurrency_2" xlink:title="Label : AssetsInForeignCurrency to label_AssetsInForeignCurrency_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_LiabilitiesInForeignCurrencyAbstract" xlink:label="LiabilitiesInForeignCurrencyAbstract" xlink:title="LiabilitiesInForeignCurrencyAbstract" />
    <link:label xlink:type="resource" xlink:label="label_LiabilitiesInForeignCurrencyAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LiabilitiesInForeignCurrencyAbstract" xml:lang="en-US" id="label_LiabilitiesInForeignCurrencyAbstract">Liabilities in foreign currency [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesInForeignCurrencyAbstract" xlink:to="label_LiabilitiesInForeignCurrencyAbstract" xlink:title="Label : LiabilitiesInForeignCurrencyAbstract to label_LiabilitiesInForeignCurrencyAbstract" />
    <link:label xlink:type="resource" xlink:label="label_LiabilitiesInForeignCurrencyAbstract_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LiabilitiesInForeignCurrencyAbstract_1" xml:lang="en-US" id="label_LiabilitiesInForeignCurrencyAbstract_1">Liabilities in foreign currency</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesInForeignCurrencyAbstract" xlink:to="label_LiabilitiesInForeignCurrencyAbstract_1" xlink:title="Label : LiabilitiesInForeignCurrencyAbstract to label_LiabilitiesInForeignCurrencyAbstract_1" />
    <link:label xlink:type="resource" xlink:label="label_LiabilitiesInForeignCurrencyAbstract_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_LiabilitiesInForeignCurrencyAbstract_2" xml:lang="en-US" id="label_LiabilitiesInForeignCurrencyAbstract_2">Liabilities in foreign currency abstract.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesInForeignCurrencyAbstract" xlink:to="label_LiabilitiesInForeignCurrencyAbstract_2" xlink:title="Label : LiabilitiesInForeignCurrencyAbstract to label_LiabilitiesInForeignCurrencyAbstract_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_FinancingInForeignCurrency" xlink:label="FinancingInForeignCurrency" xlink:title="FinancingInForeignCurrency" />
    <link:label xlink:type="resource" xlink:label="label_FinancingInForeignCurrency" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_FinancingInForeignCurrency" xml:lang="en-US" id="label_FinancingInForeignCurrency">The amount of financing in foreign currency, gross of transaction costs and discount.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancingInForeignCurrency" xlink:to="label_FinancingInForeignCurrency" xlink:title="Label : FinancingInForeignCurrency to label_FinancingInForeignCurrency" />
    <link:label xlink:type="resource" xlink:label="label_FinancingInForeignCurrency_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_FinancingInForeignCurrency_1" xml:lang="en-US" id="label_FinancingInForeignCurrency_1">Financing in foreign currency, gross of transaction costs and discount</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancingInForeignCurrency" xlink:to="label_FinancingInForeignCurrency_1" xlink:title="Label : FinancingInForeignCurrency to label_FinancingInForeignCurrency_1" />
    <link:label xlink:type="resource" xlink:label="label_FinancingInForeignCurrency_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FinancingInForeignCurrency_2" xml:lang="en-US" id="label_FinancingInForeignCurrency_2">Financing in foreign currency</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancingInForeignCurrency" xlink:to="label_FinancingInForeignCurrency_2" xlink:title="Label : FinancingInForeignCurrency to label_FinancingInForeignCurrency_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_PayablesArisingFromImports" xlink:label="PayablesArisingFromImports" xlink:title="PayablesArisingFromImports" />
    <link:label xlink:type="resource" xlink:label="label_PayablesArisingFromImports" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PayablesArisingFromImports" xml:lang="en-US" id="label_PayablesArisingFromImports">Payables arising from imports</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PayablesArisingFromImports" xlink:to="label_PayablesArisingFromImports" xlink:title="Label : PayablesArisingFromImports to label_PayablesArisingFromImports" />
    <link:label xlink:type="resource" xlink:label="label_PayablesArisingFromImports_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_PayablesArisingFromImports_1" xml:lang="en-US" id="label_PayablesArisingFromImports_1">Payables arising from imports, net of advances to foreign suppliers</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PayablesArisingFromImports" xlink:to="label_PayablesArisingFromImports_1" xlink:title="Label : PayablesArisingFromImports to label_PayablesArisingFromImports_1" />
    <link:label xlink:type="resource" xlink:label="label_PayablesArisingFromImports_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_PayablesArisingFromImports_2" xml:lang="en-US" id="label_PayablesArisingFromImports_2">The amount of current trade payables for foreign suppliers arising from imports, net of advances to foreign suppliers.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PayablesArisingFromImports" xlink:to="label_PayablesArisingFromImports_2" xlink:title="Label : PayablesArisingFromImports to label_PayablesArisingFromImports_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_LiabilitiesInForeignCurrency" xlink:label="LiabilitiesInForeignCurrency" xlink:title="LiabilitiesInForeignCurrency" />
    <link:label xlink:type="resource" xlink:label="label_LiabilitiesInForeignCurrency" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_LiabilitiesInForeignCurrency" xml:lang="en-US" id="label_LiabilitiesInForeignCurrency">The amount of total liabilities in foreign currency.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesInForeignCurrency" xlink:to="label_LiabilitiesInForeignCurrency" xlink:title="Label : LiabilitiesInForeignCurrency to label_LiabilitiesInForeignCurrency" />
    <link:label xlink:type="resource" xlink:label="label_LiabilitiesInForeignCurrency_1" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:title="label_LiabilitiesInForeignCurrency_1" xml:lang="en-US" id="label_LiabilitiesInForeignCurrency_1">Liabilities in foreign currency</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesInForeignCurrency" xlink:to="label_LiabilitiesInForeignCurrency_1" xlink:title="Label : LiabilitiesInForeignCurrency to label_LiabilitiesInForeignCurrency_1" />
    <link:label xlink:type="resource" xlink:label="label_LiabilitiesInForeignCurrency_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LiabilitiesInForeignCurrency_2" xml:lang="en-US" id="label_LiabilitiesInForeignCurrency_2">Liabilities in foreign currency</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesInForeignCurrency" xlink:to="label_LiabilitiesInForeignCurrency_2" xlink:title="Label : LiabilitiesInForeignCurrency to label_LiabilitiesInForeignCurrency_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ForeignCurrencyHedgingInstruments" xlink:label="ForeignCurrencyHedgingInstruments" xlink:title="ForeignCurrencyHedgingInstruments" />
    <link:label xlink:type="resource" xlink:label="label_ForeignCurrencyHedgingInstruments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ForeignCurrencyHedgingInstruments" xml:lang="en-US" id="label_ForeignCurrencyHedgingInstruments">Foreign currency hedging instruments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignCurrencyHedgingInstruments" xlink:to="label_ForeignCurrencyHedgingInstruments" xlink:title="Label : ForeignCurrencyHedgingInstruments to label_ForeignCurrencyHedgingInstruments" />
    <link:label xlink:type="resource" xlink:label="label_ForeignCurrencyHedgingInstruments_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ForeignCurrencyHedgingInstruments_1" xml:lang="en-US" id="label_ForeignCurrencyHedgingInstruments_1">Foreign currency hedging instruments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignCurrencyHedgingInstruments" xlink:to="label_ForeignCurrencyHedgingInstruments_1" xlink:title="Label : ForeignCurrencyHedgingInstruments to label_ForeignCurrencyHedgingInstruments_1" />
    <link:label xlink:type="resource" xlink:label="label_ForeignCurrencyHedgingInstruments_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ForeignCurrencyHedgingInstruments_2" xml:lang="en-US" id="label_ForeignCurrencyHedgingInstruments_2">The gains (losses) on Foreign currency hedging instruments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignCurrencyHedgingInstruments" xlink:to="label_ForeignCurrencyHedgingInstruments_2" xlink:title="Label : ForeignCurrencyHedgingInstruments to label_ForeignCurrencyHedgingInstruments_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NetAssetLiabilityPositionTotal" xlink:label="NetAssetLiabilityPositionTotal" xlink:title="NetAssetLiabilityPositionTotal" />
    <link:label xlink:type="resource" xlink:label="label_NetAssetLiabilityPositionTotal" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_NetAssetLiabilityPositionTotal" xml:lang="en-US" id="label_NetAssetLiabilityPositionTotal">The amount of total net asset (liability) position.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetAssetLiabilityPositionTotal" xlink:to="label_NetAssetLiabilityPositionTotal" xlink:title="Label : NetAssetLiabilityPositionTotal to label_NetAssetLiabilityPositionTotal" />
    <link:label xlink:type="resource" xlink:label="label_NetAssetLiabilityPositionTotal_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_NetAssetLiabilityPositionTotal_1" xml:lang="en-US" id="label_NetAssetLiabilityPositionTotal_1">Net liability position</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetAssetLiabilityPositionTotal" xlink:to="label_NetAssetLiabilityPositionTotal_1" xlink:title="Label : NetAssetLiabilityPositionTotal to label_NetAssetLiabilityPositionTotal_1" />
    <link:label xlink:type="resource" xlink:label="label_NetAssetLiabilityPositionTotal_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_NetAssetLiabilityPositionTotal_2" xml:lang="en-US" id="label_NetAssetLiabilityPositionTotal_2">Net liability position &#x2013; total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetAssetLiabilityPositionTotal" xlink:to="label_NetAssetLiabilityPositionTotal_2" xlink:title="Label : NetAssetLiabilityPositionTotal to label_NetAssetLiabilityPositionTotal_2" />
    <link:label xlink:type="resource" xlink:label="label_NetAssetLiabilityPositionTotal_3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NetAssetLiabilityPositionTotal_3" xml:lang="en-US" id="label_NetAssetLiabilityPositionTotal_3">Net asset liability position total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetAssetLiabilityPositionTotal" xlink:to="label_NetAssetLiabilityPositionTotal_3" xlink:title="Label : NetAssetLiabilityPositionTotal to label_NetAssetLiabilityPositionTotal_3" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NetAssetLiabilityPositionIncomeStatementEffect" xlink:label="NetAssetLiabilityPositionIncomeStatementEffect" xlink:title="NetAssetLiabilityPositionIncomeStatementEffect" />
    <link:label xlink:type="resource" xlink:label="label_NetAssetLiabilityPositionIncomeStatementEffect" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_NetAssetLiabilityPositionIncomeStatementEffect" xml:lang="en-US" id="label_NetAssetLiabilityPositionIncomeStatementEffect">The amount of net asset (liability) position - Income statement effect.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetAssetLiabilityPositionIncomeStatementEffect" xlink:to="label_NetAssetLiabilityPositionIncomeStatementEffect" xlink:title="Label : NetAssetLiabilityPositionIncomeStatementEffect to label_NetAssetLiabilityPositionIncomeStatementEffect" />
    <link:label xlink:type="resource" xlink:label="label_NetAssetLiabilityPositionIncomeStatementEffect_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NetAssetLiabilityPositionIncomeStatementEffect_1" xml:lang="en-US" id="label_NetAssetLiabilityPositionIncomeStatementEffect_1">Net (liability) asset position &#x2013; income statement effect</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetAssetLiabilityPositionIncomeStatementEffect" xlink:to="label_NetAssetLiabilityPositionIncomeStatementEffect_1" xlink:title="Label : NetAssetLiabilityPositionIncomeStatementEffect to label_NetAssetLiabilityPositionIncomeStatementEffect_1" />
    <link:label xlink:type="resource" xlink:label="label_NetAssetLiabilityPositionIncomeStatementEffect_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NetAssetLiabilityPositionIncomeStatementEffect_2" xml:lang="en-US" id="label_NetAssetLiabilityPositionIncomeStatementEffect_2">Net asset liability position income statement effect</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetAssetLiabilityPositionIncomeStatementEffect" xlink:to="label_NetAssetLiabilityPositionIncomeStatementEffect_2" xlink:title="Label : NetAssetLiabilityPositionIncomeStatementEffect to label_NetAssetLiabilityPositionIncomeStatementEffect_2" />
    <link:label xlink:type="resource" xlink:label="label_AdditionsPropertyPlantAndEquipmentAndIntangibleAssets_3" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_AdditionsPropertyPlantAndEquipmentAndIntangibleAssets_3" xml:lang="en-US" id="label_AdditionsPropertyPlantAndEquipmentAndIntangibleAssets_3">Total additions to PP&amp;E and intangible assets, excluding decarbonization credits (see Notes 15 and 16)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionsPropertyPlantAndEquipmentAndIntangibleAssets" xlink:to="label_AdditionsPropertyPlantAndEquipmentAndIntangibleAssets_3" xlink:title="Label : AdditionsPropertyPlantAndEquipmentAndIntangibleAssets to label_AdditionsPropertyPlantAndEquipmentAndIntangibleAssets_3" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NetAssetLiabilityPositionShareholdersEquityEffect" xlink:label="NetAssetLiabilityPositionShareholdersEquityEffect" xlink:title="NetAssetLiabilityPositionShareholdersEquityEffect" />
    <link:label xlink:type="resource" xlink:label="label_NetAssetLiabilityPositionShareholdersEquityEffect" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NetAssetLiabilityPositionShareholdersEquityEffect" xml:lang="en-US" id="label_NetAssetLiabilityPositionShareholdersEquityEffect">Net asset liability position shareholders equity effect</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetAssetLiabilityPositionShareholdersEquityEffect" xlink:to="label_NetAssetLiabilityPositionShareholdersEquityEffect" xlink:title="Label : NetAssetLiabilityPositionShareholdersEquityEffect to label_NetAssetLiabilityPositionShareholdersEquityEffect" />
    <link:label xlink:type="resource" xlink:label="label_NetAssetLiabilityPositionShareholdersEquityEffect_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NetAssetLiabilityPositionShareholdersEquityEffect_1" xml:lang="en-US" id="label_NetAssetLiabilityPositionShareholdersEquityEffect_1">Net liability position &#x2013; equity effect from subsidiaries held for sale</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetAssetLiabilityPositionShareholdersEquityEffect" xlink:to="label_NetAssetLiabilityPositionShareholdersEquityEffect_1" xlink:title="Label : NetAssetLiabilityPositionShareholdersEquityEffect to label_NetAssetLiabilityPositionShareholdersEquityEffect_1" />
    <link:label xlink:type="resource" xlink:label="label_NetAssetLiabilityPositionShareholdersEquityEffect_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_NetAssetLiabilityPositionShareholdersEquityEffect_2" xml:lang="en-US" id="label_NetAssetLiabilityPositionShareholdersEquityEffect_2">The amount of net asset (liability) position - Shareholders' equity effect.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetAssetLiabilityPositionShareholdersEquityEffect" xlink:to="label_NetAssetLiabilityPositionShareholdersEquityEffect_2" xlink:title="Label : NetAssetLiabilityPositionShareholdersEquityEffect to label_NetAssetLiabilityPositionShareholdersEquityEffect_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:label="DisclosureOfFinancialInstrumentsTable" xlink:title="DisclosureOfFinancialInstrumentsTable" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfFinancialInstrumentsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfFinancialInstrumentsTable" xml:lang="en-US" id="label_DisclosureOfFinancialInstrumentsTable">Disclosure of detailed information about financial instruments [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfFinancialInstrumentsTable" xlink:to="label_DisclosureOfFinancialInstrumentsTable" xlink:title="Label : DisclosureOfFinancialInstrumentsTable to label_DisclosureOfFinancialInstrumentsTable" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfFinancialInstrumentsTable_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DisclosureOfFinancialInstrumentsTable_1" xml:lang="en-US" id="label_DisclosureOfFinancialInstrumentsTable_1">Disclosure of detailed information about financial instruments [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfFinancialInstrumentsTable" xlink:to="label_DisclosureOfFinancialInstrumentsTable_1" xlink:title="Label : DisclosureOfFinancialInstrumentsTable to label_DisclosureOfFinancialInstrumentsTable_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ScenarioAxis" xlink:label="ScenarioAxis" xlink:title="ScenarioAxis" />
    <link:label xlink:type="resource" xlink:label="label_ScenarioAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ScenarioAxis" xml:lang="en-US" id="label_ScenarioAxis">Scenario [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScenarioAxis" xlink:to="label_ScenarioAxis" xlink:title="Label : ScenarioAxis to label_ScenarioAxis" />
    <link:label xlink:type="resource" xlink:label="label_ScenarioAxis_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ScenarioAxis_1" xml:lang="en-US" id="label_ScenarioAxis_1">Scenario [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScenarioAxis" xlink:to="label_ScenarioAxis_1" xlink:title="Label : ScenarioAxis to label_ScenarioAxis_1" />
    <link:label xlink:type="resource" xlink:label="label_ScenarioAxis_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ScenarioAxis_2" xml:lang="en-US" id="label_ScenarioAxis_2">Scenario [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScenarioAxis" xlink:to="label_ScenarioAxis_2" xlink:title="Label : ScenarioAxis to label_ScenarioAxis_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ScenarioDomain" xlink:label="ScenarioDomain" xlink:title="ScenarioDomain" />
    <link:label xlink:type="resource" xlink:label="label_ScenarioDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ScenarioDomain" xml:lang="en-US" id="label_ScenarioDomain">Scenario [domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScenarioDomain" xlink:to="label_ScenarioDomain" xlink:title="Label : ScenarioDomain to label_ScenarioDomain" />
    <link:label xlink:type="resource" xlink:label="label_ScenarioDomain_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ScenarioDomain_1" xml:lang="en-US" id="label_ScenarioDomain_1">Scenario [domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScenarioDomain" xlink:to="label_ScenarioDomain_1" xlink:title="Label : ScenarioDomain to label_ScenarioDomain_1" />
    <link:label xlink:type="resource" xlink:label="label_ScenarioDomain_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ScenarioDomain_2" xml:lang="en-US" id="label_ScenarioDomain_2">Scenario [domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScenarioDomain" xlink:to="label_ScenarioDomain_2" xlink:title="Label : ScenarioDomain to label_ScenarioDomain_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ScenarioMember" xlink:label="ScenarioMember" xlink:title="ScenarioMember" />
    <link:label xlink:type="resource" xlink:label="label_ScenarioMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ScenarioMember" xml:lang="en-US" id="label_ScenarioMember">This member stands for the information pertaining to scenario.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScenarioMember" xlink:to="label_ScenarioMember" xlink:title="Label : ScenarioMember to label_ScenarioMember" />
    <link:label xlink:type="resource" xlink:label="label_ScenarioMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ScenarioMember_1" xml:lang="en-US" id="label_ScenarioMember_1">Scenario Base [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScenarioMember" xlink:to="label_ScenarioMember_1" xlink:title="Label : ScenarioMember to label_ScenarioMember_1" />
    <link:label xlink:type="resource" xlink:label="label_ScenarioMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ScenarioMember_2" xml:lang="en-US" id="label_ScenarioMember_2">Scenario [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScenarioMember" xlink:to="label_ScenarioMember_2" xlink:title="Label : ScenarioMember to label_ScenarioMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_Scenario2Member" xlink:label="Scenario2Member" xlink:title="Scenario2Member" />
    <link:label xlink:type="resource" xlink:label="label_Scenario2Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_Scenario2Member" xml:lang="en-US" id="label_Scenario2Member">This member stands for the information pertaining to scenario 2.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Scenario2Member" xlink:to="label_Scenario2Member" xlink:title="Label : Scenario2Member to label_Scenario2Member" />
    <link:label xlink:type="resource" xlink:label="label_Scenario2Member_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_Scenario2Member_1" xml:lang="en-US" id="label_Scenario2Member_1">Scenario II [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Scenario2Member" xlink:to="label_Scenario2Member_1" xlink:title="Label : Scenario2Member to label_Scenario2Member_1" />
    <link:label xlink:type="resource" xlink:label="label_Scenario2Member_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_Scenario2Member_2" xml:lang="en-US" id="label_Scenario2Member_2">Scenario 2 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Scenario2Member" xlink:to="label_Scenario2Member_2" xlink:title="Label : Scenario2Member to label_Scenario2Member_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_Scenario3Member" xlink:label="Scenario3Member" xlink:title="Scenario3Member" />
    <link:label xlink:type="resource" xlink:label="label_Scenario3Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_Scenario3Member" xml:lang="en-US" id="label_Scenario3Member">This member stands for the information pertaining to scenario 3.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Scenario3Member" xlink:to="label_Scenario3Member" xlink:title="Label : Scenario3Member to label_Scenario3Member" />
    <link:label xlink:type="resource" xlink:label="label_Scenario3Member_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_Scenario3Member_1" xml:lang="en-US" id="label_Scenario3Member_1">Scenario III [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Scenario3Member" xlink:to="label_Scenario3Member_1" xlink:title="Label : Scenario3Member to label_Scenario3Member_1" />
    <link:label xlink:type="resource" xlink:label="label_Scenario3Member_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_Scenario3Member_2" xml:lang="en-US" id="label_Scenario3Member_2">Scenario 3 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Scenario3Member" xlink:to="label_Scenario3Member_2" xlink:title="Label : Scenario3Member to label_Scenario3Member_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:label="DisclosureOfFinancialInstrumentsLineItems" xlink:title="DisclosureOfFinancialInstrumentsLineItems" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfFinancialInstrumentsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfFinancialInstrumentsLineItems" xml:lang="en-US" id="label_DisclosureOfFinancialInstrumentsLineItems">Disclosure of detailed information about financial instruments [line items]</link:label>
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    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ExchangeRatePerShareForLastMaturityOfForeignExchangeHedgingInstruments" xlink:label="ExchangeRatePerShareForLastMaturityOfForeignExchangeHedgingInstruments" xlink:title="ExchangeRatePerShareForLastMaturityOfForeignExchangeHedgingInstruments" />
    <link:label xlink:type="resource" xlink:label="label_ExchangeRatePerShareForLastMaturityOfForeignExchangeHedgingInstruments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ExchangeRatePerShareForLastMaturityOfForeignExchangeHedgingInstruments" xml:lang="en-US" id="label_ExchangeRatePerShareForLastMaturityOfForeignExchangeHedgingInstruments">Exchange Rate Per Share for Last Maturity of Foreign Exchange Hedging Instruments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExchangeRatePerShareForLastMaturityOfForeignExchangeHedgingInstruments" xlink:to="label_ExchangeRatePerShareForLastMaturityOfForeignExchangeHedgingInstruments" xlink:title="Label : ExchangeRatePerShareForLastMaturityOfForeignExchangeHedgingInstruments to label_ExchangeRatePerShareForLastMaturityOfForeignExchangeHedgingInstruments" />
    <link:label xlink:type="resource" xlink:label="label_ExchangeRatePerShareForLastMaturityOfForeignExchangeHedgingInstruments_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ExchangeRatePerShareForLastMaturityOfForeignExchangeHedgingInstruments_1" xml:lang="en-US" id="label_ExchangeRatePerShareForLastMaturityOfForeignExchangeHedgingInstruments_1">The per share amount of exchange rate for the last maturity of foreign exchange hedging instruments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExchangeRatePerShareForLastMaturityOfForeignExchangeHedgingInstruments" xlink:to="label_ExchangeRatePerShareForLastMaturityOfForeignExchangeHedgingInstruments_1" xlink:title="Label : ExchangeRatePerShareForLastMaturityOfForeignExchangeHedgingInstruments to label_ExchangeRatePerShareForLastMaturityOfForeignExchangeHedgingInstruments_1" />
    <link:label xlink:type="resource" xlink:label="label_ExchangeRatePerShareForLastMaturityOfForeignExchangeHedgingInstruments_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ExchangeRatePerShareForLastMaturityOfForeignExchangeHedgingInstruments_2" xml:lang="en-US" id="label_ExchangeRatePerShareForLastMaturityOfForeignExchangeHedgingInstruments_2">Exchange rate per share for last maturity of foreign exchange hedging instruments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExchangeRatePerShareForLastMaturityOfForeignExchangeHedgingInstruments" xlink:to="label_ExchangeRatePerShareForLastMaturityOfForeignExchangeHedgingInstruments_2" xlink:title="Label : ExchangeRatePerShareForLastMaturityOfForeignExchangeHedgingInstruments to label_ExchangeRatePerShareForLastMaturityOfForeignExchangeHedgingInstruments_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_IncomeStatementEffectIncrease" xlink:label="IncomeStatementEffectIncrease" xlink:title="IncomeStatementEffectIncrease" />
    <link:label xlink:type="resource" xlink:label="label_IncomeStatementEffectIncrease" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_IncomeStatementEffectIncrease" xml:lang="en-US" id="label_IncomeStatementEffectIncrease">The amount of increase in income statement effect regarding on Real devaluation risk.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeStatementEffectIncrease" xlink:to="label_IncomeStatementEffectIncrease" xlink:title="Label : IncomeStatementEffectIncrease to label_IncomeStatementEffectIncrease" />
    <link:label xlink:type="resource" xlink:label="label_IncomeStatementEffectIncrease_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IncomeStatementEffectIncrease_1" xml:lang="en-US" id="label_IncomeStatementEffectIncrease_1">Income statement effect</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeStatementEffectIncrease" xlink:to="label_IncomeStatementEffectIncrease_1" xlink:title="Label : IncomeStatementEffectIncrease to label_IncomeStatementEffectIncrease_1" />
    <link:label xlink:type="resource" xlink:label="label_IncomeStatementEffectIncrease_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncomeStatementEffectIncrease_2" xml:lang="en-US" id="label_IncomeStatementEffectIncrease_2">Income statement effect increase</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeStatementEffectIncrease" xlink:to="label_IncomeStatementEffectIncrease_2" xlink:title="Label : IncomeStatementEffectIncrease to label_IncomeStatementEffectIncrease_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_IncomeStatementEffectincreaseShareholdersEquityDecreaseNetEffect" xlink:label="IncomeStatementEffectincreaseShareholdersEquityDecreaseNetEffect" xlink:title="IncomeStatementEffectincreaseShareholdersEquityDecreaseNetEffect" />
    <link:label xlink:type="resource" xlink:label="label_IncomeStatementEffectincreaseShareholdersEquityDecreaseNetEffect" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_IncomeStatementEffectincreaseShareholdersEquityDecreaseNetEffect" xml:lang="en-US" id="label_IncomeStatementEffectincreaseShareholdersEquityDecreaseNetEffect">The amount of net effect regarding on Real devaluation risk.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeStatementEffectincreaseShareholdersEquityDecreaseNetEffect" xlink:to="label_IncomeStatementEffectincreaseShareholdersEquityDecreaseNetEffect" xlink:title="Label : IncomeStatementEffectincreaseShareholdersEquityDecreaseNetEffect to label_IncomeStatementEffectincreaseShareholdersEquityDecreaseNetEffect" />
    <link:label xlink:type="resource" xlink:label="label_IncomeStatementEffectincreaseShareholdersEquityDecreaseNetEffect_1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_IncomeStatementEffectincreaseShareholdersEquityDecreaseNetEffect_1" xml:lang="en-US" id="label_IncomeStatementEffectincreaseShareholdersEquityDecreaseNetEffect_1">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeStatementEffectincreaseShareholdersEquityDecreaseNetEffect" xlink:to="label_IncomeStatementEffectincreaseShareholdersEquityDecreaseNetEffect_1" xlink:title="Label : IncomeStatementEffectincreaseShareholdersEquityDecreaseNetEffect to label_IncomeStatementEffectincreaseShareholdersEquityDecreaseNetEffect_1" />
    <link:label xlink:type="resource" xlink:label="label_IncomeStatementEffectincreaseShareholdersEquityDecreaseNetEffect_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncomeStatementEffectincreaseShareholdersEquityDecreaseNetEffect_2" xml:lang="en-US" id="label_IncomeStatementEffectincreaseShareholdersEquityDecreaseNetEffect_2">Income statement effectincrease shareholders equity decrease net effect</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeStatementEffectincreaseShareholdersEquityDecreaseNetEffect" xlink:to="label_IncomeStatementEffectincreaseShareholdersEquityDecreaseNetEffect_2" xlink:title="Label : IncomeStatementEffectincreaseShareholdersEquityDecreaseNetEffect to label_IncomeStatementEffectincreaseShareholdersEquityDecreaseNetEffect_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_IncomeStatementEffectDecrease" xlink:label="IncomeStatementEffectDecrease" xlink:title="IncomeStatementEffectDecrease" />
    <link:label xlink:type="resource" xlink:label="label_IncomeStatementEffectDecrease" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_IncomeStatementEffectDecrease" xml:lang="en-US" id="label_IncomeStatementEffectDecrease">The amount of decrease in income statement effect regarding on Real appreciation risk.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeStatementEffectDecrease" xlink:to="label_IncomeStatementEffectDecrease" xlink:title="Label : IncomeStatementEffectDecrease to label_IncomeStatementEffectDecrease" />
    <link:label xlink:type="resource" xlink:label="label_IncomeStatementEffectDecrease_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IncomeStatementEffectDecrease_1" xml:lang="en-US" id="label_IncomeStatementEffectDecrease_1">Income statement effect</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeStatementEffectDecrease" xlink:to="label_IncomeStatementEffectDecrease_1" xlink:title="Label : IncomeStatementEffectDecrease to label_IncomeStatementEffectDecrease_1" />
    <link:label xlink:type="resource" xlink:label="label_IncomeStatementEffectDecrease_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncomeStatementEffectDecrease_2" xml:lang="en-US" id="label_IncomeStatementEffectDecrease_2">Income statement effect decrease</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeStatementEffectDecrease" xlink:to="label_IncomeStatementEffectDecrease_2" xlink:title="Label : IncomeStatementEffectDecrease to label_IncomeStatementEffectDecrease_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_IncomeStatementEffectDecreaseShareHoldersEquityIncreaseNetEffect" xlink:label="IncomeStatementEffectDecreaseShareHoldersEquityIncreaseNetEffect" xlink:title="IncomeStatementEffectDecreaseShareHoldersEquityIncreaseNetEffect" />
    <link:label xlink:type="resource" xlink:label="label_IncomeStatementEffectDecreaseShareHoldersEquityIncreaseNetEffect" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_IncomeStatementEffectDecreaseShareHoldersEquityIncreaseNetEffect" xml:lang="en-US" id="label_IncomeStatementEffectDecreaseShareHoldersEquityIncreaseNetEffect">The amount of net effect regarding on Real appreciation risk.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeStatementEffectDecreaseShareHoldersEquityIncreaseNetEffect" xlink:to="label_IncomeStatementEffectDecreaseShareHoldersEquityIncreaseNetEffect" xlink:title="Label : IncomeStatementEffectDecreaseShareHoldersEquityIncreaseNetEffect to label_IncomeStatementEffectDecreaseShareHoldersEquityIncreaseNetEffect" />
    <link:label xlink:type="resource" xlink:label="label_IncomeStatementEffectDecreaseShareHoldersEquityIncreaseNetEffect_1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_IncomeStatementEffectDecreaseShareHoldersEquityIncreaseNetEffect_1" xml:lang="en-US" id="label_IncomeStatementEffectDecreaseShareHoldersEquityIncreaseNetEffect_1">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeStatementEffectDecreaseShareHoldersEquityIncreaseNetEffect" xlink:to="label_IncomeStatementEffectDecreaseShareHoldersEquityIncreaseNetEffect_1" xlink:title="Label : IncomeStatementEffectDecreaseShareHoldersEquityIncreaseNetEffect to label_IncomeStatementEffectDecreaseShareHoldersEquityIncreaseNetEffect_1" />
    <link:label xlink:type="resource" xlink:label="label_IncomeStatementEffectDecreaseShareHoldersEquityIncreaseNetEffect_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncomeStatementEffectDecreaseShareHoldersEquityIncreaseNetEffect_2" xml:lang="en-US" id="label_IncomeStatementEffectDecreaseShareHoldersEquityIncreaseNetEffect_2">Income statement effect decrease share holders equity increase net effect</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeStatementEffectDecreaseShareHoldersEquityIncreaseNetEffect" xlink:to="label_IncomeStatementEffectDecreaseShareHoldersEquityIncreaseNetEffect_2" xlink:title="Label : IncomeStatementEffectDecreaseShareHoldersEquityIncreaseNetEffect to label_IncomeStatementEffectDecreaseShareHoldersEquityIncreaseNetEffect_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_TypesOfRisksAxis" xlink:label="TypesOfRisksAxis" xlink:title="TypesOfRisksAxis" />
    <link:label xlink:type="resource" xlink:label="label_TypesOfRisksAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TypesOfRisksAxis" xml:lang="en-US" id="label_TypesOfRisksAxis">Types of risks [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TypesOfRisksAxis" xlink:to="label_TypesOfRisksAxis" xlink:title="Label : TypesOfRisksAxis to label_TypesOfRisksAxis" />
    <link:label xlink:type="resource" xlink:label="label_TypesOfRisksAxis_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TypesOfRisksAxis_1" xml:lang="en-US" id="label_TypesOfRisksAxis_1">Types of risks [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TypesOfRisksAxis" xlink:to="label_TypesOfRisksAxis_1" xlink:title="Label : TypesOfRisksAxis to label_TypesOfRisksAxis_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_TypesOfRisksMember" xlink:label="TypesOfRisksMember" xlink:title="TypesOfRisksMember" />
    <link:label xlink:type="resource" xlink:label="label_TypesOfRisksMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TypesOfRisksMember" xml:lang="en-US" id="label_TypesOfRisksMember">Risks [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TypesOfRisksMember" xlink:to="label_TypesOfRisksMember" xlink:title="Label : TypesOfRisksMember to label_TypesOfRisksMember" />
    <link:label xlink:type="resource" xlink:label="label_TypesOfRisksMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TypesOfRisksMember_1" xml:lang="en-US" id="label_TypesOfRisksMember_1">Risks [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TypesOfRisksMember" xlink:to="label_TypesOfRisksMember_1" xlink:title="Label : TypesOfRisksMember to label_TypesOfRisksMember_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DiMember" xlink:label="DiMember" xlink:title="DiMember" />
    <link:label xlink:type="resource" xlink:label="label_DiMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DiMember" xml:lang="en-US" id="label_DiMember">This member stands for the information pertaining to DI.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DiMember" xlink:to="label_DiMember" xlink:title="Label : DiMember to label_DiMember" />
    <link:label xlink:type="resource" xlink:label="label_DiMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DiMember_1" xml:lang="en-US" id="label_DiMember_1">DI [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DiMember" xlink:to="label_DiMember_1" xlink:title="Label : DiMember to label_DiMember_1" />
    <link:label xlink:type="resource" xlink:label="label_DiMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DiMember_2" xml:lang="en-US" id="label_DiMember_2">DI [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DiMember" xlink:to="label_DiMember_2" xlink:title="Label : DiMember to label_DiMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_TJLPMember" xlink:label="TJLPMember" xlink:title="TJLPMember" />
    <link:label xlink:type="resource" xlink:label="label_TJLPMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TJLPMember" xml:lang="en-US" id="label_TJLPMember">T J L P [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TJLPMember" xlink:to="label_TJLPMember" xlink:title="Label : TJLPMember to label_TJLPMember" />
    <link:label xlink:type="resource" xlink:label="label_TJLPMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TJLPMember_1" xml:lang="en-US" id="label_TJLPMember_1">TJLP [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TJLPMember" xlink:to="label_TJLPMember_1" xlink:title="Label : TJLPMember to label_TJLPMember_1" />
    <link:label xlink:type="resource" xlink:label="label_TJLPMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_TJLPMember_2" xml:lang="en-US" id="label_TJLPMember_2">This member stands for the information pertaining to TJLP.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TJLPMember" xlink:to="label_TJLPMember_2" xlink:title="Label : TJLPMember to label_TJLPMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_LIBORMember" xlink:label="LIBORMember" xlink:title="LIBORMember" />
    <link:label xlink:type="resource" xlink:label="label_LIBORMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LIBORMember" xml:lang="en-US" id="label_LIBORMember">L I B O R [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LIBORMember" xlink:to="label_LIBORMember" xlink:title="Label : LIBORMember to label_LIBORMember" />
    <link:label xlink:type="resource" xlink:label="label_LIBORMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LIBORMember_1" xml:lang="en-US" id="label_LIBORMember_1">LIBOR [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LIBORMember" xlink:to="label_LIBORMember_1" xlink:title="Label : LIBORMember to label_LIBORMember_1" />
    <link:label xlink:type="resource" xlink:label="label_LIBORMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_LIBORMember_2" xml:lang="en-US" id="label_LIBORMember_2">This member stands for the information pertaining to LIBOR.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LIBORMember" xlink:to="label_LIBORMember_2" xlink:title="Label : LIBORMember to label_LIBORMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_SelicMember" xlink:label="SelicMember" xlink:title="SelicMember" />
    <link:label xlink:type="resource" xlink:label="label_SelicMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_SelicMember" xml:lang="en-US" id="label_SelicMember">This member stands for the information pertaining to SELIC. SELIC means the rate assessed by the Brazilian Special Liquidation and Custody System (Sistema Especial de Liquida&#xE7;&#xE3;o e Cust&#xF3;dia) - SELIC, published by the Central Bank of Brazil.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SelicMember" xlink:to="label_SelicMember" xlink:title="Label : SelicMember to label_SelicMember" />
    <link:label xlink:type="resource" xlink:label="label_SelicMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_SelicMember_1" xml:lang="en-US" id="label_SelicMember_1">SELIC [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SelicMember" xlink:to="label_SelicMember_1" xlink:title="Label : SelicMember to label_SelicMember_1" />
    <link:label xlink:type="resource" xlink:label="label_SelicMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SelicMember_2" xml:lang="en-US" id="label_SelicMember_2">Selic [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SelicMember" xlink:to="label_SelicMember_2" xlink:title="Label : SelicMember to label_SelicMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_BalanceSheetPositionAxis" xlink:label="BalanceSheetPositionAxis" xlink:title="BalanceSheetPositionAxis" />
    <link:label xlink:type="resource" xlink:label="label_BalanceSheetPositionAxis" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_BalanceSheetPositionAxis" xml:lang="en-US" id="label_BalanceSheetPositionAxis">Liability position [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BalanceSheetPositionAxis" xlink:to="label_BalanceSheetPositionAxis" xlink:title="Label : BalanceSheetPositionAxis to label_BalanceSheetPositionAxis" />
    <link:label xlink:type="resource" xlink:label="label_BalanceSheetPositionAxis_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_BalanceSheetPositionAxis_1" xml:lang="en-US" id="label_BalanceSheetPositionAxis_1">Liability position [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BalanceSheetPositionAxis" xlink:to="label_BalanceSheetPositionAxis_1" xlink:title="Label : BalanceSheetPositionAxis to label_BalanceSheetPositionAxis_1" />
    <link:label xlink:type="resource" xlink:label="label_BalanceSheetPositionAxis_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_BalanceSheetPositionAxis_2" xml:lang="en-US" id="label_BalanceSheetPositionAxis_2">Balance Sheet Position [Axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BalanceSheetPositionAxis" xlink:to="label_BalanceSheetPositionAxis_2" xlink:title="Label : BalanceSheetPositionAxis to label_BalanceSheetPositionAxis_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_BalanceSheetPositionDomain" xlink:label="BalanceSheetPositionDomain" xlink:title="BalanceSheetPositionDomain" />
    <link:label xlink:type="resource" xlink:label="label_BalanceSheetPositionDomain" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_BalanceSheetPositionDomain" xml:lang="en-US" id="label_BalanceSheetPositionDomain">Liability position [domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BalanceSheetPositionDomain" xlink:to="label_BalanceSheetPositionDomain" xlink:title="Label : BalanceSheetPositionDomain to label_BalanceSheetPositionDomain" />
    <link:label xlink:type="resource" xlink:label="label_BalanceSheetPositionDomain_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_BalanceSheetPositionDomain_1" xml:lang="en-US" id="label_BalanceSheetPositionDomain_1">Liability position [domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BalanceSheetPositionDomain" xlink:to="label_BalanceSheetPositionDomain_1" xlink:title="Label : BalanceSheetPositionDomain to label_BalanceSheetPositionDomain_1" />
    <link:label xlink:type="resource" xlink:label="label_BalanceSheetPositionDomain_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_BalanceSheetPositionDomain_2" xml:lang="en-US" id="label_BalanceSheetPositionDomain_2">Balance Sheet Position [Domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BalanceSheetPositionDomain" xlink:to="label_BalanceSheetPositionDomain_2" xlink:title="Label : BalanceSheetPositionDomain to label_BalanceSheetPositionDomain_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_CashEquivalentMember" xlink:label="CashEquivalentMember" xlink:title="CashEquivalentMember" />
    <link:label xlink:type="resource" xlink:label="label_CashEquivalentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CashEquivalentMember" xml:lang="en-US" id="label_CashEquivalentMember">Cash equivalent [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashEquivalentMember" xlink:to="label_CashEquivalentMember" xlink:title="Label : CashEquivalentMember to label_CashEquivalentMember" />
    <link:label xlink:type="resource" xlink:label="label_CashEquivalentMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CashEquivalentMember_1" xml:lang="en-US" id="label_CashEquivalentMember_1">Cash equivalents [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashEquivalentMember" xlink:to="label_CashEquivalentMember_1" xlink:title="Label : CashEquivalentMember to label_CashEquivalentMember_1" />
    <link:label xlink:type="resource" xlink:label="label_CashEquivalentMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_CashEquivalentMember_2" xml:lang="en-US" id="label_CashEquivalentMember_2">This member stands for the information pertaining to cash equivalents.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashEquivalentMember" xlink:to="label_CashEquivalentMember_2" xlink:title="Label : CashEquivalentMember to label_CashEquivalentMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_FinancialInvestmentsMember" xlink:label="FinancialInvestmentsMember" xlink:title="FinancialInvestmentsMember" />
    <link:label xlink:type="resource" xlink:label="label_FinancialInvestmentsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FinancialInvestmentsMember" xml:lang="en-US" id="label_FinancialInvestmentsMember">Financial Investments [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialInvestmentsMember" xlink:to="label_FinancialInvestmentsMember" xlink:title="Label : FinancialInvestmentsMember to label_FinancialInvestmentsMember" />
    <link:label xlink:type="resource" xlink:label="label_FinancialInvestmentsMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_FinancialInvestmentsMember_1" xml:lang="en-US" id="label_FinancialInvestmentsMember_1">Financial investments [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialInvestmentsMember" xlink:to="label_FinancialInvestmentsMember_1" xlink:title="Label : FinancialInvestmentsMember to label_FinancialInvestmentsMember_1" />
    <link:label xlink:type="resource" xlink:label="label_FinancialInvestmentsMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_FinancialInvestmentsMember_2" xml:lang="en-US" id="label_FinancialInvestmentsMember_2">This member stands for the information pertaining to financial investments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialInvestmentsMember" xlink:to="label_FinancialInvestmentsMember_2" xlink:title="Label : FinancialInvestmentsMember to label_FinancialInvestmentsMember_2" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfDetailedInformationAboutHedgesExplanatory_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DisclosureOfDetailedInformationAboutHedgesExplanatory_1" xml:lang="en-US" id="label_DisclosureOfDetailedInformationAboutHedgesExplanatory_1">Summary of foreign exchange hedging instruments designated as fair value hedge</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutHedgesExplanatory" xlink:to="label_DisclosureOfDetailedInformationAboutHedgesExplanatory_1" xlink:title="Label : DisclosureOfDetailedInformationAboutHedgesExplanatory to label_DisclosureOfDetailedInformationAboutHedgesExplanatory_1" />
    <link:label xlink:type="resource" xlink:label="label_AssetPositionOfForeignExchangeHedgingInstrumentsMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AssetPositionOfForeignExchangeHedgingInstrumentsMember_1" xml:lang="en-US" id="label_AssetPositionOfForeignExchangeHedgingInstrumentsMember_1">Asset position of foreign exchange hedging instruments [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AssetPositionOfForeignExchangeHedgingInstrumentsMember" xlink:to="label_AssetPositionOfForeignExchangeHedgingInstrumentsMember_1" xlink:title="Label : AssetPositionOfForeignExchangeHedgingInstrumentsMember to label_AssetPositionOfForeignExchangeHedgingInstrumentsMember_1" />
    <link:label xlink:type="resource" xlink:label="label_AssetPositionOfForeignExchangeHedgingInstrumentsMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AssetPositionOfForeignExchangeHedgingInstrumentsMember_2" xml:lang="en-US" id="label_AssetPositionOfForeignExchangeHedgingInstrumentsMember_2">This member stands for the information pertaining to asset position of foreign exchange hedging instruments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AssetPositionOfForeignExchangeHedgingInstrumentsMember" xlink:to="label_AssetPositionOfForeignExchangeHedgingInstrumentsMember_2" xlink:title="Label : AssetPositionOfForeignExchangeHedgingInstrumentsMember to label_AssetPositionOfForeignExchangeHedgingInstrumentsMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_LoansAndDebenturesMember" xlink:label="LoansAndDebenturesMember" xlink:title="LoansAndDebenturesMember" />
    <link:label xlink:type="resource" xlink:label="label_LoansAndDebenturesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_LoansAndDebenturesMember" xml:lang="en-US" id="label_LoansAndDebenturesMember">This member stands for the information pertaining to loans and debentures.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoansAndDebenturesMember" xlink:to="label_LoansAndDebenturesMember" xlink:title="Label : LoansAndDebenturesMember to label_LoansAndDebenturesMember" />
    <link:label xlink:type="resource" xlink:label="label_LoansAndDebenturesMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LoansAndDebenturesMember_1" xml:lang="en-US" id="label_LoansAndDebenturesMember_1">Loans and debentures [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoansAndDebenturesMember" xlink:to="label_LoansAndDebenturesMember_1" xlink:title="Label : LoansAndDebenturesMember to label_LoansAndDebenturesMember_1" />
    <link:label xlink:type="resource" xlink:label="label_LoansAndDebenturesMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LoansAndDebenturesMember_2" xml:lang="en-US" id="label_LoansAndDebenturesMember_2">Loans and debentures [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoansAndDebenturesMember" xlink:to="label_LoansAndDebenturesMember_2" xlink:title="Label : LoansAndDebenturesMember to label_LoansAndDebenturesMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_LiabilityPositionOfForeignExchangeHedgingInstrumentsMember" xlink:label="LiabilityPositionOfForeignExchangeHedgingInstrumentsMember" xlink:title="LiabilityPositionOfForeignExchangeHedgingInstrumentsMember" />
    <link:label xlink:type="resource" xlink:label="label_LiabilityPositionOfForeignExchangeHedgingInstrumentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LiabilityPositionOfForeignExchangeHedgingInstrumentsMember" xml:lang="en-US" id="label_LiabilityPositionOfForeignExchangeHedgingInstrumentsMember">Liability position foreign exchange hedging instruments [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilityPositionOfForeignExchangeHedgingInstrumentsMember" xlink:to="label_LiabilityPositionOfForeignExchangeHedgingInstrumentsMember" xlink:title="Label : LiabilityPositionOfForeignExchangeHedgingInstrumentsMember to label_LiabilityPositionOfForeignExchangeHedgingInstrumentsMember" />
    <link:label xlink:type="resource" xlink:label="label_LiabilityPositionOfForeignExchangeHedgingInstrumentsMember_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LiabilityPositionOfForeignExchangeHedgingInstrumentsMember_1" xml:lang="en-US" id="label_LiabilityPositionOfForeignExchangeHedgingInstrumentsMember_1">Liability Position of Foreign Exchange Hedging Instruments [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilityPositionOfForeignExchangeHedgingInstrumentsMember" xlink:to="label_LiabilityPositionOfForeignExchangeHedgingInstrumentsMember_1" xlink:title="Label : LiabilityPositionOfForeignExchangeHedgingInstrumentsMember to label_LiabilityPositionOfForeignExchangeHedgingInstrumentsMember_1" />
    <link:label xlink:type="resource" xlink:label="label_LiabilityPositionOfForeignExchangeHedgingInstrumentsMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_LiabilityPositionOfForeignExchangeHedgingInstrumentsMember_2" xml:lang="en-US" id="label_LiabilityPositionOfForeignExchangeHedgingInstrumentsMember_2">This member stands for the information pertaining to liability position of foreign exchange hedging instruments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilityPositionOfForeignExchangeHedgingInstrumentsMember" xlink:to="label_LiabilityPositionOfForeignExchangeHedgingInstrumentsMember_2" xlink:title="Label : LiabilityPositionOfForeignExchangeHedgingInstrumentsMember to label_LiabilityPositionOfForeignExchangeHedgingInstrumentsMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_LiabilityPositionOfHedgingInstrumentsPreFixedMember" xlink:label="LiabilityPositionOfHedgingInstrumentsPreFixedMember" xlink:title="LiabilityPositionOfHedgingInstrumentsPreFixedMember" />
    <link:label xlink:type="resource" xlink:label="label_LiabilityPositionOfHedgingInstrumentsPreFixedMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LiabilityPositionOfHedgingInstrumentsPreFixedMember" xml:lang="en-US" id="label_LiabilityPositionOfHedgingInstrumentsPreFixedMember">Liability Position of Hedging Instruments Pre Fixed [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilityPositionOfHedgingInstrumentsPreFixedMember" xlink:to="label_LiabilityPositionOfHedgingInstrumentsPreFixedMember" xlink:title="Label : LiabilityPositionOfHedgingInstrumentsPreFixedMember to label_LiabilityPositionOfHedgingInstrumentsPreFixedMember" />
    <link:label xlink:type="resource" xlink:label="label_LiabilityPositionOfHedgingInstrumentsPreFixedMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LiabilityPositionOfHedgingInstrumentsPreFixedMember_1" xml:lang="en-US" id="label_LiabilityPositionOfHedgingInstrumentsPreFixedMember_1">Liability position of fixed interest instruments + IPCA &#x2013; DI [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilityPositionOfHedgingInstrumentsPreFixedMember" xlink:to="label_LiabilityPositionOfHedgingInstrumentsPreFixedMember_1" xlink:title="Label : LiabilityPositionOfHedgingInstrumentsPreFixedMember to label_LiabilityPositionOfHedgingInstrumentsPreFixedMember_1" />
    <link:label xlink:type="resource" xlink:label="label_LiabilityPositionOfHedgingInstrumentsPreFixedMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_LiabilityPositionOfHedgingInstrumentsPreFixedMember_2" xml:lang="en-US" id="label_LiabilityPositionOfHedgingInstrumentsPreFixedMember_2">This member stands for the information pertaining to liability position of hedging instruments pre fixed.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilityPositionOfHedgingInstrumentsPreFixedMember" xlink:to="label_LiabilityPositionOfHedgingInstrumentsPreFixedMember_2" xlink:title="Label : LiabilityPositionOfHedgingInstrumentsPreFixedMember to label_LiabilityPositionOfHedgingInstrumentsPreFixedMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_LoanPayablesMember" xlink:label="LoanPayablesMember" xlink:title="LoanPayablesMember" />
    <link:label xlink:type="resource" xlink:label="label_LoanPayablesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LoanPayablesMember" xml:lang="en-US" id="label_LoanPayablesMember">Loan Payables [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoanPayablesMember" xlink:to="label_LoanPayablesMember" xlink:title="Label : LoanPayablesMember to label_LoanPayablesMember" />
    <link:label xlink:type="resource" xlink:label="label_LoanPayablesMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LoanPayablesMember_1" xml:lang="en-US" id="label_LoanPayablesMember_1">Loans [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoanPayablesMember" xlink:to="label_LoanPayablesMember_1" xlink:title="Label : LoanPayablesMember to label_LoanPayablesMember_1" />
    <link:label xlink:type="resource" xlink:label="label_LoanPayablesMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_LoanPayablesMember_2" xml:lang="en-US" id="label_LoanPayablesMember_2">This member stands for the information pertaining to loans payable.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoanPayablesMember" xlink:to="label_LoanPayablesMember_2" xlink:title="Label : LoanPayablesMember to label_LoanPayablesMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NetAssetsLiabilitiesPositionExposedToFloatingInterestRates" xlink:label="NetAssetsLiabilitiesPositionExposedToFloatingInterestRates" xlink:title="NetAssetsLiabilitiesPositionExposedToFloatingInterestRates" />
    <link:label xlink:type="resource" xlink:label="label_NetAssetsLiabilitiesPositionExposedToFloatingInterestRates" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_NetAssetsLiabilitiesPositionExposedToFloatingInterestRates" xml:lang="en-US" id="label_NetAssetsLiabilitiesPositionExposedToFloatingInterestRates">The amount of total net asset (liability) position exposed to floating interest.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetAssetsLiabilitiesPositionExposedToFloatingInterestRates" xlink:to="label_NetAssetsLiabilitiesPositionExposedToFloatingInterestRates" xlink:title="Label : NetAssetsLiabilitiesPositionExposedToFloatingInterestRates to label_NetAssetsLiabilitiesPositionExposedToFloatingInterestRates" />
    <link:label xlink:type="resource" xlink:label="label_NetAssetsLiabilitiesPositionExposedToFloatingInterestRates_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NetAssetsLiabilitiesPositionExposedToFloatingInterestRates_1" xml:lang="en-US" id="label_NetAssetsLiabilitiesPositionExposedToFloatingInterestRates_1">Net liability position</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetAssetsLiabilitiesPositionExposedToFloatingInterestRates" xlink:to="label_NetAssetsLiabilitiesPositionExposedToFloatingInterestRates_1" xlink:title="Label : NetAssetsLiabilitiesPositionExposedToFloatingInterestRates to label_NetAssetsLiabilitiesPositionExposedToFloatingInterestRates_1" />
    <link:label xlink:type="resource" xlink:label="label_NetAssetsLiabilitiesPositionExposedToFloatingInterestRates_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NetAssetsLiabilitiesPositionExposedToFloatingInterestRates_2" xml:lang="en-US" id="label_NetAssetsLiabilitiesPositionExposedToFloatingInterestRates_2">Net Assets Liabilities Position Exposed to Floating Interest Rates</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetAssetsLiabilitiesPositionExposedToFloatingInterestRates" xlink:to="label_NetAssetsLiabilitiesPositionExposedToFloatingInterestRates_2" xlink:title="Label : NetAssetsLiabilitiesPositionExposedToFloatingInterestRates to label_NetAssetsLiabilitiesPositionExposedToFloatingInterestRates_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ExposureOfInterestRateRiskAbstract" xlink:label="ExposureOfInterestRateRiskAbstract" xlink:title="ExposureOfInterestRateRiskAbstract" />
    <link:label xlink:type="resource" xlink:label="label_ExposureOfInterestRateRiskAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ExposureOfInterestRateRiskAbstract" xml:lang="en-US" id="label_ExposureOfInterestRateRiskAbstract">Exposure of interest rate risk [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExposureOfInterestRateRiskAbstract" xlink:to="label_ExposureOfInterestRateRiskAbstract" xlink:title="Label : ExposureOfInterestRateRiskAbstract to label_ExposureOfInterestRateRiskAbstract" />
    <link:label xlink:type="resource" xlink:label="label_ExposureOfInterestRateRiskAbstract_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ExposureOfInterestRateRiskAbstract_1" xml:lang="en-US" id="label_ExposureOfInterestRateRiskAbstract_1">Exposure of interest rate risk</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExposureOfInterestRateRiskAbstract" xlink:to="label_ExposureOfInterestRateRiskAbstract_1" xlink:title="Label : ExposureOfInterestRateRiskAbstract to label_ExposureOfInterestRateRiskAbstract_1" />
    <link:label xlink:type="resource" xlink:label="label_ExposureOfInterestRateRiskAbstract_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ExposureOfInterestRateRiskAbstract_2" xml:lang="en-US" id="label_ExposureOfInterestRateRiskAbstract_2">Exposure of interest rate risk.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExposureOfInterestRateRiskAbstract" xlink:to="label_ExposureOfInterestRateRiskAbstract_2" xlink:title="Label : ExposureOfInterestRateRiskAbstract to label_ExposureOfInterestRateRiskAbstract_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_InterestEffectOnCashEquivalentsAndFinancialInvestments" xlink:label="InterestEffectOnCashEquivalentsAndFinancialInvestments" xlink:title="InterestEffectOnCashEquivalentsAndFinancialInvestments" />
    <link:label xlink:type="resource" xlink:label="label_InterestEffectOnCashEquivalentsAndFinancialInvestments" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_InterestEffectOnCashEquivalentsAndFinancialInvestments" xml:lang="en-US" id="label_InterestEffectOnCashEquivalentsAndFinancialInvestments">Interest effect on cash equivalents and financial investments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestEffectOnCashEquivalentsAndFinancialInvestments" xlink:to="label_InterestEffectOnCashEquivalentsAndFinancialInvestments" xlink:title="Label : InterestEffectOnCashEquivalentsAndFinancialInvestments to label_InterestEffectOnCashEquivalentsAndFinancialInvestments" />
    <link:label xlink:type="resource" xlink:label="label_InterestEffectOnCashEquivalentsAndFinancialInvestments_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_InterestEffectOnCashEquivalentsAndFinancialInvestments_1" xml:lang="en-US" id="label_InterestEffectOnCashEquivalentsAndFinancialInvestments_1">Interest effect on cash equivalents and financial investments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestEffectOnCashEquivalentsAndFinancialInvestments" xlink:to="label_InterestEffectOnCashEquivalentsAndFinancialInvestments_1" xlink:title="Label : InterestEffectOnCashEquivalentsAndFinancialInvestments to label_InterestEffectOnCashEquivalentsAndFinancialInvestments_1" />
    <link:label xlink:type="resource" xlink:label="label_InterestEffectOnCashEquivalentsAndFinancialInvestments_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_InterestEffectOnCashEquivalentsAndFinancialInvestments_2" xml:lang="en-US" id="label_InterestEffectOnCashEquivalentsAndFinancialInvestments_2">Interest effect on cash equivalents and financial investments regarding Exposure of interest rate risk.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestEffectOnCashEquivalentsAndFinancialInvestments" xlink:to="label_InterestEffectOnCashEquivalentsAndFinancialInvestments_2" xlink:title="Label : InterestEffectOnCashEquivalentsAndFinancialInvestments to label_InterestEffectOnCashEquivalentsAndFinancialInvestments_2" />
    <link:label xlink:type="resource" xlink:label="label_ForeignExchangeHedgingInstrumentsAssetsInterestEffect_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_ForeignExchangeHedgingInstrumentsAssetsInterestEffect_1" xml:lang="en-US" id="label_ForeignExchangeHedgingInstrumentsAssetsInterestEffect_1">Foreign exchange hedging instruments (assets in LIBOR) effect</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignExchangeHedgingInstrumentsAssetsInterestEffect" xlink:to="label_ForeignExchangeHedgingInstrumentsAssetsInterestEffect_1" xlink:title="Label : ForeignExchangeHedgingInstrumentsAssetsInterestEffect to label_ForeignExchangeHedgingInstrumentsAssetsInterestEffect_1" />
    <link:label xlink:type="resource" xlink:label="label_ForeignExchangeHedgingInstrumentsAssetsInterestEffect_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ForeignExchangeHedgingInstrumentsAssetsInterestEffect_2" xml:lang="en-US" id="label_ForeignExchangeHedgingInstrumentsAssetsInterestEffect_2">The amount of Foreign exchange hedging instruments (assets), interest effect regarding Exposure of interest rate risk.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignExchangeHedgingInstrumentsAssetsInterestEffect" xlink:to="label_ForeignExchangeHedgingInstrumentsAssetsInterestEffect_2" xlink:title="Label : ForeignExchangeHedgingInstrumentsAssetsInterestEffect to label_ForeignExchangeHedgingInstrumentsAssetsInterestEffect_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LaterThanOneYearAndNotLaterThanThreeYearsMember" xlink:label="LaterThanOneYearAndNotLaterThanThreeYearsMember" xlink:title="LaterThanOneYearAndNotLaterThanThreeYearsMember" />
    <link:label xlink:type="resource" xlink:label="label_LaterThanOneYearAndNotLaterThanThreeYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LaterThanOneYearAndNotLaterThanThreeYearsMember" xml:lang="en-US" id="label_LaterThanOneYearAndNotLaterThanThreeYearsMember">Between 1 and 3 years [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanOneYearAndNotLaterThanThreeYearsMember" xlink:to="label_LaterThanOneYearAndNotLaterThanThreeYearsMember" xlink:title="Label : LaterThanOneYearAndNotLaterThanThreeYearsMember to label_LaterThanOneYearAndNotLaterThanThreeYearsMember" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_InterestRateHedgingInstrumentsLiabilitiesInterestEffect" xlink:label="InterestRateHedgingInstrumentsLiabilitiesInterestEffect" xlink:title="InterestRateHedgingInstrumentsLiabilitiesInterestEffect" />
    <link:label xlink:type="resource" xlink:label="label_InterestRateHedgingInstrumentsLiabilitiesInterestEffect" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_InterestRateHedgingInstrumentsLiabilitiesInterestEffect" xml:lang="en-US" id="label_InterestRateHedgingInstrumentsLiabilitiesInterestEffect">Interest Rate Hedging Instruments Liabilities Interest Effect</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestRateHedgingInstrumentsLiabilitiesInterestEffect" xlink:to="label_InterestRateHedgingInstrumentsLiabilitiesInterestEffect" xlink:title="Label : InterestRateHedgingInstrumentsLiabilitiesInterestEffect to label_InterestRateHedgingInstrumentsLiabilitiesInterestEffect" />
    <link:label xlink:type="resource" xlink:label="label_InterestRateHedgingInstrumentsLiabilitiesInterestEffect_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_InterestRateHedgingInstrumentsLiabilitiesInterestEffect_1" xml:lang="en-US" id="label_InterestRateHedgingInstrumentsLiabilitiesInterestEffect_1">Interest rate hedging instruments (liabilities in DI) effect</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestRateHedgingInstrumentsLiabilitiesInterestEffect" xlink:to="label_InterestRateHedgingInstrumentsLiabilitiesInterestEffect_1" xlink:title="Label : InterestRateHedgingInstrumentsLiabilitiesInterestEffect to label_InterestRateHedgingInstrumentsLiabilitiesInterestEffect_1" />
    <link:label xlink:type="resource" xlink:label="label_InterestRateHedgingInstrumentsLiabilitiesInterestEffect_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_InterestRateHedgingInstrumentsLiabilitiesInterestEffect_2" xml:lang="en-US" id="label_InterestRateHedgingInstrumentsLiabilitiesInterestEffect_2">The amount of Interest rate hedging instruments (liabilities), interest effect regarding Exposure of interest rate risk.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestRateHedgingInstrumentsLiabilitiesInterestEffect" xlink:to="label_InterestRateHedgingInstrumentsLiabilitiesInterestEffect_2" xlink:title="Label : InterestRateHedgingInstrumentsLiabilitiesInterestEffect to label_InterestRateHedgingInstrumentsLiabilitiesInterestEffect_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_IncrementalExpenses" xlink:label="IncrementalExpenses" xlink:title="IncrementalExpenses" />
    <link:label xlink:type="resource" xlink:label="label_IncrementalExpenses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncrementalExpenses" xml:lang="en-US" id="label_IncrementalExpenses">Incremental Expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncrementalExpenses" xlink:to="label_IncrementalExpenses" xlink:title="Label : IncrementalExpenses to label_IncrementalExpenses" />
    <link:label xlink:type="resource" xlink:label="label_IncrementalExpenses_1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_IncrementalExpenses_1" xml:lang="en-US" id="label_IncrementalExpenses_1">Incremental expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncrementalExpenses" xlink:to="label_IncrementalExpenses_1" xlink:title="Label : IncrementalExpenses to label_IncrementalExpenses_1" />
    <link:label xlink:type="resource" xlink:label="label_IncrementalExpenses_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_IncrementalExpenses_2" xml:lang="en-US" id="label_IncrementalExpenses_2">The amount of incremental expenses regarding Exposure of interest rate risk.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncrementalExpenses" xlink:to="label_IncrementalExpenses_2" xlink:title="Label : IncrementalExpenses to label_IncrementalExpenses_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfExternalCreditExposuresTable" xlink:label="DisclosureOfExternalCreditExposuresTable" xlink:title="DisclosureOfExternalCreditExposuresTable" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfExternalCreditExposuresTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfExternalCreditExposuresTable" xml:lang="en-US" id="label_DisclosureOfExternalCreditExposuresTable">Disclosure of external credit grades [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfExternalCreditExposuresTable" xlink:to="label_DisclosureOfExternalCreditExposuresTable" xlink:title="Label : DisclosureOfExternalCreditExposuresTable to label_DisclosureOfExternalCreditExposuresTable" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfExternalCreditExposuresTable_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DisclosureOfExternalCreditExposuresTable_1" xml:lang="en-US" id="label_DisclosureOfExternalCreditExposuresTable_1">Disclosure of external credit grades [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfExternalCreditExposuresTable" xlink:to="label_DisclosureOfExternalCreditExposuresTable_1" xlink:title="Label : DisclosureOfExternalCreditExposuresTable to label_DisclosureOfExternalCreditExposuresTable_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ExternalCreditGradesAxis" xlink:label="ExternalCreditGradesAxis" xlink:title="ExternalCreditGradesAxis" />
    <link:label xlink:type="resource" xlink:label="label_ExternalCreditGradesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ExternalCreditGradesAxis" xml:lang="en-US" id="label_ExternalCreditGradesAxis">External credit grades [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExternalCreditGradesAxis" xlink:to="label_ExternalCreditGradesAxis" xlink:title="Label : ExternalCreditGradesAxis to label_ExternalCreditGradesAxis" />
    <link:label xlink:type="resource" xlink:label="label_ExternalCreditGradesAxis_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ExternalCreditGradesAxis_1" xml:lang="en-US" id="label_ExternalCreditGradesAxis_1">External credit grades [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExternalCreditGradesAxis" xlink:to="label_ExternalCreditGradesAxis_1" xlink:title="Label : ExternalCreditGradesAxis to label_ExternalCreditGradesAxis_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_EntitysTotalForExternalCreditGradesMember" xlink:label="EntitysTotalForExternalCreditGradesMember" xlink:title="EntitysTotalForExternalCreditGradesMember" />
    <link:label xlink:type="resource" xlink:label="label_EntitysTotalForExternalCreditGradesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EntitysTotalForExternalCreditGradesMember" xml:lang="en-US" id="label_EntitysTotalForExternalCreditGradesMember">Entity's total for external credit grades [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntitysTotalForExternalCreditGradesMember" xlink:to="label_EntitysTotalForExternalCreditGradesMember" xlink:title="Label : EntitysTotalForExternalCreditGradesMember to label_EntitysTotalForExternalCreditGradesMember" />
    <link:label xlink:type="resource" xlink:label="label_EntitysTotalForExternalCreditGradesMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_EntitysTotalForExternalCreditGradesMember_1" xml:lang="en-US" id="label_EntitysTotalForExternalCreditGradesMember_1">Entity's total for external credit grades [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntitysTotalForExternalCreditGradesMember" xlink:to="label_EntitysTotalForExternalCreditGradesMember_1" xlink:title="Label : EntitysTotalForExternalCreditGradesMember to label_EntitysTotalForExternalCreditGradesMember_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AAAMember" xlink:label="AAAMember" xlink:title="AAAMember" />
    <link:label xlink:type="resource" xlink:label="label_AAAMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AAAMember" xml:lang="en-US" id="label_AAAMember">A A A [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AAAMember" xlink:to="label_AAAMember" xlink:title="Label : AAAMember to label_AAAMember" />
    <link:label xlink:type="resource" xlink:label="label_AAAMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AAAMember_1" xml:lang="en-US" id="label_AAAMember_1">AAA [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AAAMember" xlink:to="label_AAAMember_1" xlink:title="Label : AAAMember to label_AAAMember_1" />
    <link:label xlink:type="resource" xlink:label="label_AAAMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AAAMember_2" xml:lang="en-US" id="label_AAAMember_2">This member stands for the information pertaining to grade AAA of credit rating.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AAAMember" xlink:to="label_AAAMember_2" xlink:title="Label : AAAMember to label_AAAMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AAMember" xlink:label="AAMember" xlink:title="AAMember" />
    <link:label xlink:type="resource" xlink:label="label_AAMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AAMember" xml:lang="en-US" id="label_AAMember">AA [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AAMember" xlink:to="label_AAMember" xlink:title="Label : AAMember to label_AAMember" />
    <link:label xlink:type="resource" xlink:label="label_AAMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AAMember_1" xml:lang="en-US" id="label_AAMember_1">AA [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AAMember" xlink:to="label_AAMember_1" xlink:title="Label : AAMember to label_AAMember_1" />
    <link:label xlink:type="resource" xlink:label="label_AAMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AAMember_2" xml:lang="en-US" id="label_AAMember_2">This member stands for the information pertaining to grade AA of credit rating.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AAMember" xlink:to="label_AAMember_2" xlink:title="Label : AAMember to label_AAMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AMember" xlink:label="AMember" xlink:title="AMember" />
    <link:label xlink:type="resource" xlink:label="label_AMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AMember" xml:lang="en-US" id="label_AMember">This member stands for the information pertaining to grade A of credit rating.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AMember" xlink:to="label_AMember" xlink:title="Label : AMember to label_AMember" />
    <link:label xlink:type="resource" xlink:label="label_AMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AMember_1" xml:lang="en-US" id="label_AMember_1">A [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AMember" xlink:to="label_AMember_1" xlink:title="Label : AMember to label_AMember_1" />
    <link:label xlink:type="resource" xlink:label="label_AMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AMember_2" xml:lang="en-US" id="label_AMember_2">A- [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AMember" xlink:to="label_AMember_2" xlink:title="Label : AMember to label_AMember_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfExternalCreditExposuresLineItems" xlink:label="DisclosureOfExternalCreditExposuresLineItems" xlink:title="DisclosureOfExternalCreditExposuresLineItems" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfExternalCreditExposuresLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfExternalCreditExposuresLineItems" xml:lang="en-US" id="label_DisclosureOfExternalCreditExposuresLineItems">Disclosure of external credit grades [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfExternalCreditExposuresLineItems" xlink:to="label_DisclosureOfExternalCreditExposuresLineItems" xlink:title="Label : DisclosureOfExternalCreditExposuresLineItems to label_DisclosureOfExternalCreditExposuresLineItems" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfExternalCreditExposuresLineItems_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DisclosureOfExternalCreditExposuresLineItems_1" xml:lang="en-US" id="label_DisclosureOfExternalCreditExposuresLineItems_1">Disclosure of external credit grades [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfExternalCreditExposuresLineItems" xlink:to="label_DisclosureOfExternalCreditExposuresLineItems_1" xlink:title="Label : DisclosureOfExternalCreditExposuresLineItems to label_DisclosureOfExternalCreditExposuresLineItems_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables" xlink:label="AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables" xlink:title="AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables" />
    <link:label xlink:type="resource" xlink:label="label_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables" xml:lang="en-US" id="label_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables">Allowances for Doubful Accounts on Trade Receivables and Other Receivables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables" xlink:to="label_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables" xlink:title="Label : AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables to label_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables" />
    <link:label xlink:type="resource" xlink:label="label_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables_1" xlink:role="http://www.xbrl.org/2003/role/definitionGuidance" xlink:title="label_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables_1" xml:lang="en-US" id="label_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables_1">Allowances for doubful accounts on trade receivable</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables" xlink:to="label_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables_1" xlink:title="Label : AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables to label_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables_1" />
    <link:label xlink:type="resource" xlink:label="label_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables_2" xml:lang="en-US" id="label_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables_2">Loss allowance for expected credit losses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables" xlink:to="label_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables_2" xlink:title="Label : AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables to label_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables_2" />
    <link:label xlink:type="resource" xlink:label="label_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables_3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables_3" xml:lang="en-US" id="label_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables_3">The amount of allowances for doubful accounts on trade receivables and other receivables.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables" xlink:to="label_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables_3" xlink:title="Label : AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables to label_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables_3" />
    <link:label xlink:type="resource" xlink:label="label_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables_4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables_4" xml:lang="en-US" id="label_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables_4">Allowances for doubful accounts on trade receivable</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables" xlink:to="label_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables_4" xlink:title="Label : AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables to label_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables_4" />
    <link:label xlink:type="resource" xlink:label="label_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables_5" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xlink:title="label_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables_5" xml:lang="en-US" id="label_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables_5">Provision for losses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables" xlink:to="label_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables_5" xlink:title="Label : AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables to label_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables_5" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ExpectedCreditLossRate" xlink:label="ExpectedCreditLossRate" xlink:title="ExpectedCreditLossRate" />
    <link:label xlink:type="resource" xlink:label="label_ExpectedCreditLossRate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ExpectedCreditLossRate" xml:lang="en-US" id="label_ExpectedCreditLossRate">Expected credit loss rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExpectedCreditLossRate" xlink:to="label_ExpectedCreditLossRate" xlink:title="Label : ExpectedCreditLossRate to label_ExpectedCreditLossRate" />
    <link:label xlink:type="resource" xlink:label="label_ExpectedCreditLossRate_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ExpectedCreditLossRate_1" xml:lang="en-US" id="label_ExpectedCreditLossRate_1">Expected credit loss rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExpectedCreditLossRate" xlink:to="label_ExpectedCreditLossRate_1" xlink:title="Label : ExpectedCreditLossRate to label_ExpectedCreditLossRate_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_TradeAndOtherReceivablesGross" xlink:label="TradeAndOtherReceivablesGross" xlink:title="TradeAndOtherReceivablesGross" />
    <link:label xlink:type="resource" xlink:label="label_TradeAndOtherReceivablesGross" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TradeAndOtherReceivablesGross" xml:lang="en-US" id="label_TradeAndOtherReceivablesGross">Trade And Other Receivables Gross</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeAndOtherReceivablesGross" xlink:to="label_TradeAndOtherReceivablesGross" xlink:title="Label : TradeAndOtherReceivablesGross to label_TradeAndOtherReceivablesGross" />
    <link:label xlink:type="resource" xlink:label="label_TradeAndOtherReceivablesGross_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TradeAndOtherReceivablesGross_1" xml:lang="en-US" id="label_TradeAndOtherReceivablesGross_1">Accounting balance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeAndOtherReceivablesGross" xlink:to="label_TradeAndOtherReceivablesGross_1" xlink:title="Label : TradeAndOtherReceivablesGross to label_TradeAndOtherReceivablesGross_1" />
    <link:label xlink:type="resource" xlink:label="label_TradeAndOtherReceivablesGross_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_TradeAndOtherReceivablesGross_2" xml:lang="en-US" id="label_TradeAndOtherReceivablesGross_2">The amount of gross trade receivables and other receivables.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeAndOtherReceivablesGross" xlink:to="label_TradeAndOtherReceivablesGross_2" xlink:title="Label : TradeAndOtherReceivablesGross to label_TradeAndOtherReceivablesGross_2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2021/elts/srt-2021-01-31.xsd#srt_StatementGeographicalAxis" xlink:label="StatementGeographicalAxis" xlink:title="StatementGeographicalAxis" />
    <link:label xlink:type="resource" xlink:label="label_StatementGeographicalAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_StatementGeographicalAxis" xml:lang="en-US" id="label_StatementGeographicalAxis">Geographical [Axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StatementGeographicalAxis" xlink:to="label_StatementGeographicalAxis" xlink:title="Label : StatementGeographicalAxis to label_StatementGeographicalAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2021/elts/srt-2021-01-31.xsd#srt_SegmentGeographicalDomain" xlink:label="SegmentGeographicalDomain" xlink:title="SegmentGeographicalDomain" />
    <link:label xlink:type="resource" xlink:label="label_SegmentGeographicalDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SegmentGeographicalDomain" xml:lang="en-US" id="label_SegmentGeographicalDomain">Geographical [Domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SegmentGeographicalDomain" xlink:to="label_SegmentGeographicalDomain" xlink:title="Label : SegmentGeographicalDomain to label_SegmentGeographicalDomain" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CommodityPriceRiskMember" xlink:label="CommodityPriceRiskMember" xlink:title="CommodityPriceRiskMember" />
    <link:label xlink:type="resource" xlink:label="label_CommodityPriceRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CommodityPriceRiskMember" xml:lang="en-US" id="label_CommodityPriceRiskMember">Commodity price risk [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommodityPriceRiskMember" xlink:to="label_CommodityPriceRiskMember" xlink:title="Label : CommodityPriceRiskMember to label_CommodityPriceRiskMember" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_HeatingOilOneMember" xlink:label="HeatingOilOneMember" xlink:title="HeatingOilOneMember" />
    <link:label xlink:type="resource" xlink:label="label_HeatingOilOneMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_HeatingOilOneMember" xml:lang="en-US" id="label_HeatingOilOneMember">Heating Oil One [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HeatingOilOneMember" xlink:to="label_HeatingOilOneMember" xlink:title="Label : HeatingOilOneMember to label_HeatingOilOneMember" />
    <link:label xlink:type="resource" xlink:label="label_HeatingOilOneMember_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_HeatingOilOneMember_1" xml:lang="en-US" id="label_HeatingOilOneMember_1">Represents information pertaining to heating oil.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HeatingOilOneMember" xlink:to="label_HeatingOilOneMember_1" xlink:title="Label : HeatingOilOneMember to label_HeatingOilOneMember_1" />
    <link:label xlink:type="resource" xlink:label="label_HeatingOilOneMember_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_HeatingOilOneMember_2" xml:lang="en-US" id="label_HeatingOilOneMember_2">Heating Oil [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HeatingOilOneMember" xlink:to="label_HeatingOilOneMember_2" xlink:title="Label : HeatingOilOneMember to label_HeatingOilOneMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_RBOBMember" xlink:label="RBOBMember" xlink:title="RBOBMember" />
    <link:label xlink:type="resource" xlink:label="label_RBOBMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RBOBMember" xml:lang="en-US" id="label_RBOBMember">R B O B [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RBOBMember" xlink:to="label_RBOBMember" xlink:title="Label : RBOBMember to label_RBOBMember" />
    <link:label xlink:type="resource" xlink:label="label_RBOBMember_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_RBOBMember_1" xml:lang="en-US" id="label_RBOBMember_1">Represents information pertaining to RBOB.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RBOBMember" xlink:to="label_RBOBMember_1" xlink:title="Label : RBOBMember to label_RBOBMember_1" />
    <link:label xlink:type="resource" xlink:label="label_RBOBMember_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_RBOBMember_2" xml:lang="en-US" id="label_RBOBMember_2">RBOB [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RBOBMember" xlink:to="label_RBOBMember_2" xlink:title="Label : RBOBMember to label_RBOBMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_TermMember" xlink:label="TermMember" xlink:title="TermMember" />
    <link:label xlink:type="resource" xlink:label="label_TermMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_TermMember" xml:lang="en-US" id="label_TermMember">This member stands for the information pertaining to term derivative.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TermMember" xlink:to="label_TermMember" xlink:title="Label : TermMember to label_TermMember" />
    <link:label xlink:type="resource" xlink:label="label_TermMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TermMember_1" xml:lang="en-US" id="label_TermMember_1">Term [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TermMember" xlink:to="label_TermMember_1" xlink:title="Label : TermMember to label_TermMember_1" />
    <link:label xlink:type="resource" xlink:label="label_TermMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TermMember_2" xml:lang="en-US" id="label_TermMember_2">Term [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TermMember" xlink:to="label_TermMember_2" xlink:title="Label : TermMember to label_TermMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DerivativeNonmonetaryNotionalAmountVolumeOne" xlink:label="DerivativeNonmonetaryNotionalAmountVolumeOne" xlink:title="DerivativeNonmonetaryNotionalAmountVolumeOne" />
    <link:label xlink:type="resource" xlink:label="label_DerivativeNonmonetaryNotionalAmountVolumeOne" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DerivativeNonmonetaryNotionalAmountVolumeOne" xml:lang="en-US" id="label_DerivativeNonmonetaryNotionalAmountVolumeOne">Nominal volume used to calculate payments on a derivative instrument.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerivativeNonmonetaryNotionalAmountVolumeOne" xlink:to="label_DerivativeNonmonetaryNotionalAmountVolumeOne" xlink:title="Label : DerivativeNonmonetaryNotionalAmountVolumeOne to label_DerivativeNonmonetaryNotionalAmountVolumeOne" />
    <link:label xlink:type="resource" xlink:label="label_DerivativeNonmonetaryNotionalAmountVolumeOne_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DerivativeNonmonetaryNotionalAmountVolumeOne_1" xml:lang="en-US" id="label_DerivativeNonmonetaryNotionalAmountVolumeOne_1">Derivative Nonmonetary Notional Amount Volume One</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerivativeNonmonetaryNotionalAmountVolumeOne" xlink:to="label_DerivativeNonmonetaryNotionalAmountVolumeOne_1" xlink:title="Label : DerivativeNonmonetaryNotionalAmountVolumeOne to label_DerivativeNonmonetaryNotionalAmountVolumeOne_1" />
    <link:label xlink:type="resource" xlink:label="label_DerivativeNonmonetaryNotionalAmountVolumeOne_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DerivativeNonmonetaryNotionalAmountVolumeOne_2" xml:lang="en-US" id="label_DerivativeNonmonetaryNotionalAmountVolumeOne_2">Notional amount (m3)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerivativeNonmonetaryNotionalAmountVolumeOne" xlink:to="label_DerivativeNonmonetaryNotionalAmountVolumeOne_2" xlink:title="Label : DerivativeNonmonetaryNotionalAmountVolumeOne to label_DerivativeNonmonetaryNotionalAmountVolumeOne_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NominalAmountOfHedgingInstrumentsInHedgingRelationshipsToWhichAmendmentsForInterestRateBenchmarkReformAreApplied" xlink:label="NominalAmountOfHedgingInstrumentsInHedgingRelationshipsToWhichAmendmentsForInterestRateBenchmarkReformAreApplied" xlink:title="NominalAmountOfHedgingInstrumentsInHedgingRelationshipsToWhichAmendmentsForInterestRateBenchmarkReformAreApplied" />
    <link:label xlink:type="resource" xlink:label="label_NominalAmountOfHedgingInstrumentsInHedgingRelationshipsToWhichAmendmentsForInterestRateBenchmarkReformAreApplied" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NominalAmountOfHedgingInstrumentsInHedgingRelationshipsToWhichAmendmentsForInterestRateBenchmarkReformAreApplied" xml:lang="en-US" id="label_NominalAmountOfHedgingInstrumentsInHedgingRelationshipsToWhichAmendmentsForInterestRateBenchmarkReformAreApplied">Notional amount (USD thousands)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NominalAmountOfHedgingInstrumentsInHedgingRelationshipsToWhichAmendmentsForInterestRateBenchmarkReformAreApplied" xlink:to="label_NominalAmountOfHedgingInstrumentsInHedgingRelationshipsToWhichAmendmentsForInterestRateBenchmarkReformAreApplied" xlink:title="Label : NominalAmountOfHedgingInstrumentsInHedgingRelationshipsToWhichAmendmentsForInterestRateBenchmarkReformAreApplied to label_NominalAmountOfHedgingInstrumentsInHedgingRelationshipsToWhichAmendmentsForInterestRateBenchmarkReformAreApplied" />
    <link:label xlink:type="resource" xlink:label="label_NominalAmountOfHedgingInstrumentsInHedgingRelationshipsToWhichAmendmentsForInterestRateBenchmarkReformAreApplied_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NominalAmountOfHedgingInstrumentsInHedgingRelationshipsToWhichAmendmentsForInterestRateBenchmarkReformAreApplied_1" xml:lang="en-US" id="label_NominalAmountOfHedgingInstrumentsInHedgingRelationshipsToWhichAmendmentsForInterestRateBenchmarkReformAreApplied_1">Nominal amount of hedging instruments in hedging relationships to which amendments for interest rate benchmark reform are applied</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NominalAmountOfHedgingInstrumentsInHedgingRelationshipsToWhichAmendmentsForInterestRateBenchmarkReformAreApplied" xlink:to="label_NominalAmountOfHedgingInstrumentsInHedgingRelationshipsToWhichAmendmentsForInterestRateBenchmarkReformAreApplied_1" xlink:title="Label : NominalAmountOfHedgingInstrumentsInHedgingRelationshipsToWhichAmendmentsForInterestRateBenchmarkReformAreApplied to label_NominalAmountOfHedgingInstrumentsInHedgingRelationshipsToWhichAmendmentsForInterestRateBenchmarkReformAreApplied_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" xlink:label="FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" xlink:title="FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" />
    <link:label xlink:type="resource" xlink:label="label_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" xml:lang="en-US" id="label_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue">Financial instruments designated as hedging instruments, at fair value</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" xlink:to="label_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" xlink:title="Label : FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue to label_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" />
    <link:label xlink:type="resource" xlink:label="label_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue_1" xml:lang="en-US" id="label_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue_1">Fair value</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" xlink:to="label_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue_1" xlink:title="Label : FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue to label_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue_1" />
    <link:label xlink:type="resource" xlink:label="label_LaterThanOneYearAndNotLaterThanThreeYearsMember_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LaterThanOneYearAndNotLaterThanThreeYearsMember_1" xml:lang="en-US" id="label_LaterThanOneYearAndNotLaterThanThreeYearsMember_1">Later than one year and not later than three years [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanOneYearAndNotLaterThanThreeYearsMember" xlink:to="label_LaterThanOneYearAndNotLaterThanThreeYearsMember_1" xlink:title="Label : LaterThanOneYearAndNotLaterThanThreeYearsMember to label_LaterThanOneYearAndNotLaterThanThreeYearsMember_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_LoansIncludingFutureContractualInterest" xlink:label="LoansIncludingFutureContractualInterest" xlink:title="LoansIncludingFutureContractualInterest" />
    <link:label xlink:type="resource" xlink:label="label_LoansIncludingFutureContractualInterest" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LoansIncludingFutureContractualInterest" xml:lang="en-US" id="label_LoansIncludingFutureContractualInterest">Loans including future contractual interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoansIncludingFutureContractualInterest" xlink:to="label_LoansIncludingFutureContractualInterest" xlink:title="Label : LoansIncludingFutureContractualInterest to label_LoansIncludingFutureContractualInterest" />
    <link:label xlink:type="resource" xlink:label="label_LoansIncludingFutureContractualInterest_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LoansIncludingFutureContractualInterest_1" xml:lang="en-US" id="label_LoansIncludingFutureContractualInterest_1">Loans including future contractual interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoansIncludingFutureContractualInterest" xlink:to="label_LoansIncludingFutureContractualInterest_1" xlink:title="Label : LoansIncludingFutureContractualInterest to label_LoansIncludingFutureContractualInterest_1" />
    <link:label xlink:type="resource" xlink:label="label_LoansIncludingFutureContractualInterest_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_LoansIncludingFutureContractualInterest_2" xml:lang="en-US" id="label_LoansIncludingFutureContractualInterest_2">The amount of loans payable including future contractual interest.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoansIncludingFutureContractualInterest" xlink:to="label_LoansIncludingFutureContractualInterest_2" xlink:title="Label : LoansIncludingFutureContractualInterest to label_LoansIncludingFutureContractualInterest_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_CurrencyAndInterestRateHedgingInstruments" xlink:label="CurrencyAndInterestRateHedgingInstruments" xlink:title="CurrencyAndInterestRateHedgingInstruments" />
    <link:label xlink:type="resource" xlink:label="label_CurrencyAndInterestRateHedgingInstruments" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_CurrencyAndInterestRateHedgingInstruments" xml:lang="en-US" id="label_CurrencyAndInterestRateHedgingInstruments">The amount of currency and interest rate hedging instruments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrencyAndInterestRateHedgingInstruments" xlink:to="label_CurrencyAndInterestRateHedgingInstruments" xlink:title="Label : CurrencyAndInterestRateHedgingInstruments to label_CurrencyAndInterestRateHedgingInstruments" />
    <link:label xlink:type="resource" xlink:label="label_CurrencyAndInterestRateHedgingInstruments_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CurrencyAndInterestRateHedgingInstruments_1" xml:lang="en-US" id="label_CurrencyAndInterestRateHedgingInstruments_1">Currency and interest rate hedging instruments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrencyAndInterestRateHedgingInstruments" xlink:to="label_CurrencyAndInterestRateHedgingInstruments_1" xlink:title="Label : CurrencyAndInterestRateHedgingInstruments to label_CurrencyAndInterestRateHedgingInstruments_1" />
    <link:label xlink:type="resource" xlink:label="label_CurrencyAndInterestRateHedgingInstruments_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurrencyAndInterestRateHedgingInstruments_2" xml:lang="en-US" id="label_CurrencyAndInterestRateHedgingInstruments_2">Currency and interest rate hedging instruments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrencyAndInterestRateHedgingInstruments" xlink:to="label_CurrencyAndInterestRateHedgingInstruments_2" xlink:title="Label : CurrencyAndInterestRateHedgingInstruments to label_CurrencyAndInterestRateHedgingInstruments_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_TradeAndOtherPayables" xlink:label="TradeAndOtherPayables" xlink:title="TradeAndOtherPayables" />
    <link:label xlink:type="resource" xlink:label="label_TradeAndOtherPayables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TradeAndOtherPayables" xml:lang="en-US" id="label_TradeAndOtherPayables">Trade and other payables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeAndOtherPayables" xlink:to="label_TradeAndOtherPayables" xlink:title="Label : TradeAndOtherPayables to label_TradeAndOtherPayables" />
    <link:label xlink:type="resource" xlink:label="label_TradeAndOtherPayables_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TradeAndOtherPayables_1" xml:lang="en-US" id="label_TradeAndOtherPayables_1">Trade payables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeAndOtherPayables" xlink:to="label_TradeAndOtherPayables_1" xlink:title="Label : TradeAndOtherPayables to label_TradeAndOtherPayables_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_TwentyTwentyOneMember" xlink:label="TwentyTwentyOneMember" xlink:title="TwentyTwentyOneMember" />
    <link:label xlink:type="resource" xlink:label="label_TwentyTwentyOneMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_TwentyTwentyOneMember" xml:lang="en-US" id="label_TwentyTwentyOneMember">This member stands for the information pertaining to fiscal year 2021.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TwentyTwentyOneMember" xlink:to="label_TwentyTwentyOneMember" xlink:title="Label : TwentyTwentyOneMember to label_TwentyTwentyOneMember" />
    <link:label xlink:type="resource" xlink:label="label_TwentyTwentyOneMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TwentyTwentyOneMember_1" xml:lang="en-US" id="label_TwentyTwentyOneMember_1">2021 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TwentyTwentyOneMember" xlink:to="label_TwentyTwentyOneMember_1" xlink:title="Label : TwentyTwentyOneMember to label_TwentyTwentyOneMember_1" />
    <link:label xlink:type="resource" xlink:label="label_TwentyTwentyOneMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TwentyTwentyOneMember_2" xml:lang="en-US" id="label_TwentyTwentyOneMember_2">Twenty Twenty One [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TwentyTwentyOneMember" xlink:to="label_TwentyTwentyOneMember_2" xlink:title="Label : TwentyTwentyOneMember to label_TwentyTwentyOneMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_TwentyTwentyTwoMember" xlink:label="TwentyTwentyTwoMember" xlink:title="TwentyTwentyTwoMember" />
    <link:label xlink:type="resource" xlink:label="label_TwentyTwentyTwoMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_TwentyTwentyTwoMember" xml:lang="en-US" id="label_TwentyTwentyTwoMember">This member stands for the information pertaining to fiscal year 2022.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TwentyTwentyTwoMember" xlink:to="label_TwentyTwentyTwoMember" xlink:title="Label : TwentyTwentyTwoMember to label_TwentyTwentyTwoMember" />
    <link:label xlink:type="resource" xlink:label="label_TwentyTwentyTwoMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TwentyTwentyTwoMember_1" xml:lang="en-US" id="label_TwentyTwentyTwoMember_1">2022 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TwentyTwentyTwoMember" xlink:to="label_TwentyTwentyTwoMember_1" xlink:title="Label : TwentyTwentyTwoMember to label_TwentyTwentyTwoMember_1" />
    <link:label xlink:type="resource" xlink:label="label_TwentyTwentyTwoMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TwentyTwentyTwoMember_2" xml:lang="en-US" id="label_TwentyTwentyTwoMember_2">Twenty Twenty Two [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TwentyTwentyTwoMember" xlink:to="label_TwentyTwentyTwoMember_2" xlink:title="Label : TwentyTwentyTwoMember to label_TwentyTwentyTwoMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_TwentyTwentyThreeMember" xlink:label="TwentyTwentyThreeMember" xlink:title="TwentyTwentyThreeMember" />
    <link:label xlink:type="resource" xlink:label="label_TwentyTwentyThreeMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_TwentyTwentyThreeMember" xml:lang="en-US" id="label_TwentyTwentyThreeMember">This member stands for the information pertaining to fiscal year 2023.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TwentyTwentyThreeMember" xlink:to="label_TwentyTwentyThreeMember" xlink:title="Label : TwentyTwentyThreeMember to label_TwentyTwentyThreeMember" />
    <link:label xlink:type="resource" xlink:label="label_TwentyTwentyThreeMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TwentyTwentyThreeMember_1" xml:lang="en-US" id="label_TwentyTwentyThreeMember_1">2023 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TwentyTwentyThreeMember" xlink:to="label_TwentyTwentyThreeMember_1" xlink:title="Label : TwentyTwentyThreeMember to label_TwentyTwentyThreeMember_1" />
    <link:label xlink:type="resource" xlink:label="label_TwentyTwentyThreeMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TwentyTwentyThreeMember_2" xml:lang="en-US" id="label_TwentyTwentyThreeMember_2">Twenty Twenty Three [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TwentyTwentyThreeMember" xlink:to="label_TwentyTwentyThreeMember_2" xlink:title="Label : TwentyTwentyThreeMember to label_TwentyTwentyThreeMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_TwentyTwentyFourMember" xlink:label="TwentyTwentyFourMember" xlink:title="TwentyTwentyFourMember" />
    <link:label xlink:type="resource" xlink:label="label_TwentyTwentyFourMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_TwentyTwentyFourMember" xml:lang="en-US" id="label_TwentyTwentyFourMember">This member stands for the information pertaining to fiscal year 2024.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TwentyTwentyFourMember" xlink:to="label_TwentyTwentyFourMember" xlink:title="Label : TwentyTwentyFourMember to label_TwentyTwentyFourMember" />
    <link:label xlink:type="resource" xlink:label="label_TwentyTwentyFourMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TwentyTwentyFourMember_1" xml:lang="en-US" id="label_TwentyTwentyFourMember_1">2024 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TwentyTwentyFourMember" xlink:to="label_TwentyTwentyFourMember_1" xlink:title="Label : TwentyTwentyFourMember to label_TwentyTwentyFourMember_1" />
    <link:label xlink:type="resource" xlink:label="label_TwentyTwentyFourMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TwentyTwentyFourMember_2" xml:lang="en-US" id="label_TwentyTwentyFourMember_2">Twenty Twenty Four [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TwentyTwentyFourMember" xlink:to="label_TwentyTwentyFourMember_2" xlink:title="Label : TwentyTwentyFourMember to label_TwentyTwentyFourMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_TwentyTwentyFiveMember" xlink:label="TwentyTwentyFiveMember" xlink:title="TwentyTwentyFiveMember" />
    <link:label xlink:type="resource" xlink:label="label_TwentyTwentyFiveMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_TwentyTwentyFiveMember" xml:lang="en-US" id="label_TwentyTwentyFiveMember">This member stands for the information pertaining to fiscal year 2025.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TwentyTwentyFiveMember" xlink:to="label_TwentyTwentyFiveMember" xlink:title="Label : TwentyTwentyFiveMember to label_TwentyTwentyFiveMember" />
    <link:label xlink:type="resource" xlink:label="label_TwentyTwentyFiveMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TwentyTwentyFiveMember_1" xml:lang="en-US" id="label_TwentyTwentyFiveMember_1">2025 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TwentyTwentyFiveMember" xlink:to="label_TwentyTwentyFiveMember_1" xlink:title="Label : TwentyTwentyFiveMember to label_TwentyTwentyFiveMember_1" />
    <link:label xlink:type="resource" xlink:label="label_TwentyTwentyFiveMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TwentyTwentyFiveMember_2" xml:lang="en-US" id="label_TwentyTwentyFiveMember_2">Twenty Twenty Five [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TwentyTwentyFiveMember" xlink:to="label_TwentyTwentyFiveMember_2" xlink:title="Label : TwentyTwentyFiveMember to label_TwentyTwentyFiveMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DiRate" xlink:label="DiRate" xlink:title="DiRate" />
    <link:label xlink:type="resource" xlink:label="label_DiRate" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DiRate" xml:lang="en-US" id="label_DiRate">The percentage of DI rate used to calculate interest payment of loans payable.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DiRate" xlink:to="label_DiRate" xlink:title="Label : DiRate to label_DiRate" />
    <link:label xlink:type="resource" xlink:label="label_DiRate_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_DiRate_1" xml:lang="en-US" id="label_DiRate_1">DI rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DiRate" xlink:to="label_DiRate_1" xlink:title="Label : DiRate to label_DiRate_1" />
    <link:label xlink:type="resource" xlink:label="label_DiRate_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DiRate_2" xml:lang="en-US" id="label_DiRate_2">DI rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DiRate" xlink:to="label_DiRate_2" xlink:title="Label : DiRate to label_DiRate_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AverageForeignExchangeRate" xlink:label="AverageForeignExchangeRate" xlink:title="AverageForeignExchangeRate" />
    <link:label xlink:type="resource" xlink:label="label_AverageForeignExchangeRate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AverageForeignExchangeRate" xml:lang="en-US" id="label_AverageForeignExchangeRate">Exchange rate of the Real against the U.S. dollar</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AverageForeignExchangeRate" xlink:to="label_AverageForeignExchangeRate" xlink:title="Label : AverageForeignExchangeRate to label_AverageForeignExchangeRate" />
    <link:label xlink:type="resource" xlink:label="label_AverageForeignExchangeRate_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AverageForeignExchangeRate_1" xml:lang="en-US" id="label_AverageForeignExchangeRate_1">Average foreign exchange rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AverageForeignExchangeRate" xlink:to="label_AverageForeignExchangeRate_1" xlink:title="Label : AverageForeignExchangeRate to label_AverageForeignExchangeRate_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_TJLPRate" xlink:label="TJLPRate" xlink:title="TJLPRate" />
    <link:label xlink:type="resource" xlink:label="label_TJLPRate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TJLPRate" xml:lang="en-US" id="label_TJLPRate">T J L P rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TJLPRate" xlink:to="label_TJLPRate" xlink:title="Label : TJLPRate to label_TJLPRate" />
    <link:label xlink:type="resource" xlink:label="label_TJLPRate_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TJLPRate_1" xml:lang="en-US" id="label_TJLPRate_1">TJLP rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TJLPRate" xlink:to="label_TJLPRate_1" xlink:title="Label : TJLPRate to label_TJLPRate_1" />
    <link:label xlink:type="resource" xlink:label="label_TJLPRate_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_TJLPRate_2" xml:lang="en-US" id="label_TJLPRate_2">The percentage of TJLP rate used to calculate interest payment of loans payable.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TJLPRate" xlink:to="label_TJLPRate_2" xlink:title="Label : TJLPRate to label_TJLPRate_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_IPCARate" xlink:label="IPCARate" xlink:title="IPCARate" />
    <link:label xlink:type="resource" xlink:label="label_IPCARate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IPCARate" xml:lang="en-US" id="label_IPCARate">I P C A Rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IPCARate" xlink:to="label_IPCARate" xlink:title="Label : IPCARate to label_IPCARate" />
    <link:label xlink:type="resource" xlink:label="label_IPCARate_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IPCARate_1" xml:lang="en-US" id="label_IPCARate_1">IPCA rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IPCARate" xlink:to="label_IPCARate_1" xlink:title="Label : IPCARate to label_IPCARate_1" />
    <link:label xlink:type="resource" xlink:label="label_IPCARate_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_IPCARate_2" xml:lang="en-US" id="label_IPCARate_2">The percentage of IPCA rate used to calculate interest payment of loans payable.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IPCARate" xlink:to="label_IPCARate_2" xlink:title="Label : IPCARate to label_IPCARate_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AccountingEstimatesAxis" xlink:label="AccountingEstimatesAxis" xlink:title="AccountingEstimatesAxis" />
    <link:label xlink:type="resource" xlink:label="label_AccountingEstimatesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AccountingEstimatesAxis" xml:lang="en-US" id="label_AccountingEstimatesAxis">Accounting estimates [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccountingEstimatesAxis" xlink:to="label_AccountingEstimatesAxis" xlink:title="Label : AccountingEstimatesAxis to label_AccountingEstimatesAxis" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AccountingEstimatesMember" xlink:label="AccountingEstimatesMember" xlink:title="AccountingEstimatesMember" />
    <link:label xlink:type="resource" xlink:label="label_AccountingEstimatesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AccountingEstimatesMember" xml:lang="en-US" id="label_AccountingEstimatesMember">Accounting estimates [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccountingEstimatesMember" xlink:to="label_AccountingEstimatesMember" xlink:title="Label : AccountingEstimatesMember to label_AccountingEstimatesMember" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DesignatedAsHedgeAccountingMember" xlink:label="DesignatedAsHedgeAccountingMember" xlink:title="DesignatedAsHedgeAccountingMember" />
    <link:label xlink:type="resource" xlink:label="label_DesignatedAsHedgeAccountingMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DesignatedAsHedgeAccountingMember" xml:lang="en-US" id="label_DesignatedAsHedgeAccountingMember">This member stands for the information pertaining to designated as hedge accounting.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DesignatedAsHedgeAccountingMember" xlink:to="label_DesignatedAsHedgeAccountingMember" xlink:title="Label : DesignatedAsHedgeAccountingMember to label_DesignatedAsHedgeAccountingMember" />
    <link:label xlink:type="resource" xlink:label="label_DesignatedAsHedgeAccountingMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DesignatedAsHedgeAccountingMember_1" xml:lang="en-US" id="label_DesignatedAsHedgeAccountingMember_1">Designated as hedge accounting [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DesignatedAsHedgeAccountingMember" xlink:to="label_DesignatedAsHedgeAccountingMember_1" xlink:title="Label : DesignatedAsHedgeAccountingMember to label_DesignatedAsHedgeAccountingMember_1" />
    <link:label xlink:type="resource" xlink:label="label_DesignatedAsHedgeAccountingMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DesignatedAsHedgeAccountingMember_2" xml:lang="en-US" id="label_DesignatedAsHedgeAccountingMember_2">Designated as hedge accounting [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DesignatedAsHedgeAccountingMember" xlink:to="label_DesignatedAsHedgeAccountingMember_2" xlink:title="Label : DesignatedAsHedgeAccountingMember to label_DesignatedAsHedgeAccountingMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NotDesignatedAsHedgeAccountingMember" xlink:label="NotDesignatedAsHedgeAccountingMember" xlink:title="NotDesignatedAsHedgeAccountingMember" />
    <link:label xlink:type="resource" xlink:label="label_NotDesignatedAsHedgeAccountingMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_NotDesignatedAsHedgeAccountingMember" xml:lang="en-US" id="label_NotDesignatedAsHedgeAccountingMember">This member stands for the information pertaining to not designated as hedge accounting.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotDesignatedAsHedgeAccountingMember" xlink:to="label_NotDesignatedAsHedgeAccountingMember" xlink:title="Label : NotDesignatedAsHedgeAccountingMember to label_NotDesignatedAsHedgeAccountingMember" />
    <link:label xlink:type="resource" xlink:label="label_NotDesignatedAsHedgeAccountingMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NotDesignatedAsHedgeAccountingMember_1" xml:lang="en-US" id="label_NotDesignatedAsHedgeAccountingMember_1">Not designated as hedge accounting [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotDesignatedAsHedgeAccountingMember" xlink:to="label_NotDesignatedAsHedgeAccountingMember_1" xlink:title="Label : NotDesignatedAsHedgeAccountingMember to label_NotDesignatedAsHedgeAccountingMember_1" />
    <link:label xlink:type="resource" xlink:label="label_NotDesignatedAsHedgeAccountingMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NotDesignatedAsHedgeAccountingMember_2" xml:lang="en-US" id="label_NotDesignatedAsHedgeAccountingMember_2">Not designated as hedge accounting [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotDesignatedAsHedgeAccountingMember" xlink:to="label_NotDesignatedAsHedgeAccountingMember_2" xlink:title="Label : NotDesignatedAsHedgeAccountingMember to label_NotDesignatedAsHedgeAccountingMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ForeignExchangeSwapMember" xlink:label="ForeignExchangeSwapMember" xlink:title="ForeignExchangeSwapMember" />
    <link:label xlink:type="resource" xlink:label="label_ForeignExchangeSwapMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ForeignExchangeSwapMember" xml:lang="en-US" id="label_ForeignExchangeSwapMember">This member stands for the information pertaining to foreign exchange swap contract.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignExchangeSwapMember" xlink:to="label_ForeignExchangeSwapMember" xlink:title="Label : ForeignExchangeSwapMember to label_ForeignExchangeSwapMember" />
    <link:label xlink:type="resource" xlink:label="label_ForeignExchangeSwapMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ForeignExchangeSwapMember_1" xml:lang="en-US" id="label_ForeignExchangeSwapMember_1">Foreign exchange swap [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignExchangeSwapMember" xlink:to="label_ForeignExchangeSwapMember_1" xlink:title="Label : ForeignExchangeSwapMember to label_ForeignExchangeSwapMember_1" />
    <link:label xlink:type="resource" xlink:label="label_ForeignExchangeSwapMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ForeignExchangeSwapMember_2" xml:lang="en-US" id="label_ForeignExchangeSwapMember_2">Foreign Exchange Swap [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignExchangeSwapMember" xlink:to="label_ForeignExchangeSwapMember_2" xlink:title="Label : ForeignExchangeSwapMember to label_ForeignExchangeSwapMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ForeignExchangeSwapOneMember" xlink:label="ForeignExchangeSwapOneMember" xlink:title="ForeignExchangeSwapOneMember" />
    <link:label xlink:type="resource" xlink:label="label_ForeignExchangeSwapOneMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ForeignExchangeSwapOneMember" xml:lang="en-US" id="label_ForeignExchangeSwapOneMember">This member stands for the information pertaining to foreign exchange swap contract.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignExchangeSwapOneMember" xlink:to="label_ForeignExchangeSwapOneMember" xlink:title="Label : ForeignExchangeSwapOneMember to label_ForeignExchangeSwapOneMember" />
    <link:label xlink:type="resource" xlink:label="label_ForeignExchangeSwapOneMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ForeignExchangeSwapOneMember_1" xml:lang="en-US" id="label_ForeignExchangeSwapOneMember_1">Foreign exchange swap one [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignExchangeSwapOneMember" xlink:to="label_ForeignExchangeSwapOneMember_1" xlink:title="Label : ForeignExchangeSwapOneMember to label_ForeignExchangeSwapOneMember_1" />
    <link:label xlink:type="resource" xlink:label="label_ForeignExchangeSwapOneMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ForeignExchangeSwapOneMember_2" xml:lang="en-US" id="label_ForeignExchangeSwapOneMember_2">Foreign Exchange Swap One [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignExchangeSwapOneMember" xlink:to="label_ForeignExchangeSwapOneMember_2" xlink:title="Label : ForeignExchangeSwapOneMember to label_ForeignExchangeSwapOneMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ForeignExchangeSwapTwoMember" xlink:label="ForeignExchangeSwapTwoMember" xlink:title="ForeignExchangeSwapTwoMember" />
    <link:label xlink:type="resource" xlink:label="label_ForeignExchangeSwapTwoMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ForeignExchangeSwapTwoMember" xml:lang="en-US" id="label_ForeignExchangeSwapTwoMember">This member stands for the information pertaining to foreign exchange swap contract.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignExchangeSwapTwoMember" xlink:to="label_ForeignExchangeSwapTwoMember" xlink:title="Label : ForeignExchangeSwapTwoMember to label_ForeignExchangeSwapTwoMember" />
    <link:label xlink:type="resource" xlink:label="label_ForeignExchangeSwapTwoMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ForeignExchangeSwapTwoMember_1" xml:lang="en-US" id="label_ForeignExchangeSwapTwoMember_1">Foreign exchange swap two [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignExchangeSwapTwoMember" xlink:to="label_ForeignExchangeSwapTwoMember_1" xlink:title="Label : ForeignExchangeSwapTwoMember to label_ForeignExchangeSwapTwoMember_1" />
    <link:label xlink:type="resource" xlink:label="label_ForeignExchangeSwapTwoMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ForeignExchangeSwapTwoMember_2" xml:lang="en-US" id="label_ForeignExchangeSwapTwoMember_2">Foreign Exchange Swap two [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignExchangeSwapTwoMember" xlink:to="label_ForeignExchangeSwapTwoMember_2" xlink:title="Label : ForeignExchangeSwapTwoMember to label_ForeignExchangeSwapTwoMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ForeignExchangeSwapThreeMember" xlink:label="ForeignExchangeSwapThreeMember" xlink:title="ForeignExchangeSwapThreeMember" />
    <link:label xlink:type="resource" xlink:label="label_ForeignExchangeSwapThreeMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ForeignExchangeSwapThreeMember" xml:lang="en-US" id="label_ForeignExchangeSwapThreeMember">This member stands for the information pertaining to foreign exchange swap contract.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignExchangeSwapThreeMember" xlink:to="label_ForeignExchangeSwapThreeMember" xlink:title="Label : ForeignExchangeSwapThreeMember to label_ForeignExchangeSwapThreeMember" />
    <link:label xlink:type="resource" xlink:label="label_ForeignExchangeSwapThreeMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ForeignExchangeSwapThreeMember_1" xml:lang="en-US" id="label_ForeignExchangeSwapThreeMember_1">Foreign exchange swap three [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignExchangeSwapThreeMember" xlink:to="label_ForeignExchangeSwapThreeMember_1" xlink:title="Label : ForeignExchangeSwapThreeMember to label_ForeignExchangeSwapThreeMember_1" />
    <link:label xlink:type="resource" xlink:label="label_ForeignExchangeSwapThreeMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ForeignExchangeSwapThreeMember_2" xml:lang="en-US" id="label_ForeignExchangeSwapThreeMember_2">Foreign Exchange Swap three [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignExchangeSwapThreeMember" xlink:to="label_ForeignExchangeSwapThreeMember_2" xlink:title="Label : ForeignExchangeSwapThreeMember to label_ForeignExchangeSwapThreeMember_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_InterestRateSwapContractMember" xlink:label="InterestRateSwapContractMember" xlink:title="InterestRateSwapContractMember" />
    <link:label xlink:type="resource" xlink:label="label_InterestRateSwapContractMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_InterestRateSwapContractMember" xml:lang="en-US" id="label_InterestRateSwapContractMember">Interest rate swap contract [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestRateSwapContractMember" xlink:to="label_InterestRateSwapContractMember" xlink:title="Label : InterestRateSwapContractMember to label_InterestRateSwapContractMember" />
    <link:label xlink:type="resource" xlink:label="label_InterestRateSwapContractMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_InterestRateSwapContractMember_1" xml:lang="en-US" id="label_InterestRateSwapContractMember_1">Interest rate swap contract [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestRateSwapContractMember" xlink:to="label_InterestRateSwapContractMember_1" xlink:title="Label : InterestRateSwapContractMember to label_InterestRateSwapContractMember_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_InterestRateSwapContractOneMember" xlink:label="InterestRateSwapContractOneMember" xlink:title="InterestRateSwapContractOneMember" />
    <link:label xlink:type="resource" xlink:label="label_InterestRateSwapContractOneMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_InterestRateSwapContractOneMember" xml:lang="en-US" id="label_InterestRateSwapContractOneMember">This member stands for the information pertaining to interest rate swap contract.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestRateSwapContractOneMember" xlink:to="label_InterestRateSwapContractOneMember" xlink:title="Label : InterestRateSwapContractOneMember to label_InterestRateSwapContractOneMember" />
    <link:label xlink:type="resource" xlink:label="label_InterestRateSwapContractOneMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_InterestRateSwapContractOneMember_1" xml:lang="en-US" id="label_InterestRateSwapContractOneMember_1">Interest rate swap contract one [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestRateSwapContractOneMember" xlink:to="label_InterestRateSwapContractOneMember_1" xlink:title="Label : InterestRateSwapContractOneMember to label_InterestRateSwapContractOneMember_1" />
    <link:label xlink:type="resource" xlink:label="label_InterestRateSwapContractOneMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_InterestRateSwapContractOneMember_2" xml:lang="en-US" id="label_InterestRateSwapContractOneMember_2">Interest rate swap contract one [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestRateSwapContractOneMember" xlink:to="label_InterestRateSwapContractOneMember_2" xlink:title="Label : InterestRateSwapContractOneMember to label_InterestRateSwapContractOneMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ZeroCostCollarMember" xlink:label="ZeroCostCollarMember" xlink:title="ZeroCostCollarMember" />
    <link:label xlink:type="resource" xlink:label="label_ZeroCostCollarMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ZeroCostCollarMember" xml:lang="en-US" id="label_ZeroCostCollarMember">This member stands for the information pertaining to zero cost collar derivative.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ZeroCostCollarMember" xlink:to="label_ZeroCostCollarMember" xlink:title="Label : ZeroCostCollarMember to label_ZeroCostCollarMember" />
    <link:label xlink:type="resource" xlink:label="label_ZeroCostCollarMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ZeroCostCollarMember_1" xml:lang="en-US" id="label_ZeroCostCollarMember_1">Zero cost collar [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ZeroCostCollarMember" xlink:to="label_ZeroCostCollarMember_1" xlink:title="Label : ZeroCostCollarMember to label_ZeroCostCollarMember_1" />
    <link:label xlink:type="resource" xlink:label="label_ZeroCostCollarMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ZeroCostCollarMember_2" xml:lang="en-US" id="label_ZeroCostCollarMember_2">Zero Cost Collar [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ZeroCostCollarMember" xlink:to="label_ZeroCostCollarMember_2" xlink:title="Label : ZeroCostCollarMember to label_ZeroCostCollarMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NdfMember" xlink:label="NdfMember" xlink:title="NdfMember" />
    <link:label xlink:type="resource" xlink:label="label_NdfMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_NdfMember" xml:lang="en-US" id="label_NdfMember">This member stands for the information pertaining to NDF derivative.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NdfMember" xlink:to="label_NdfMember" xlink:title="Label : NdfMember to label_NdfMember" />
    <link:label xlink:type="resource" xlink:label="label_NdfMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NdfMember_1" xml:lang="en-US" id="label_NdfMember_1">NDF [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NdfMember" xlink:to="label_NdfMember_1" xlink:title="Label : NdfMember to label_NdfMember_1" />
    <link:label xlink:type="resource" xlink:label="label_NdfMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NdfMember_2" xml:lang="en-US" id="label_NdfMember_2">NDF [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NdfMember" xlink:to="label_NdfMember_2" xlink:title="Label : NdfMember to label_NdfMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AssetsInterestRateBasis" xlink:label="AssetsInterestRateBasis" xlink:title="AssetsInterestRateBasis" />
    <link:label xlink:type="resource" xlink:label="label_AssetsInterestRateBasis" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AssetsInterestRateBasis" xml:lang="en-US" id="label_AssetsInterestRateBasis">The basis (reference rate) used for calculation of the interest rate on assets.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AssetsInterestRateBasis" xlink:to="label_AssetsInterestRateBasis" xlink:title="Label : AssetsInterestRateBasis to label_AssetsInterestRateBasis" />
    <link:label xlink:type="resource" xlink:label="label_AssetsInterestRateBasis_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AssetsInterestRateBasis_1" xml:lang="en-US" id="label_AssetsInterestRateBasis_1">Rates agreement-assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AssetsInterestRateBasis" xlink:to="label_AssetsInterestRateBasis_1" xlink:title="Label : AssetsInterestRateBasis to label_AssetsInterestRateBasis_1" />
    <link:label xlink:type="resource" xlink:label="label_AssetsInterestRateBasis_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AssetsInterestRateBasis_2" xml:lang="en-US" id="label_AssetsInterestRateBasis_2">Assets Interest Rate Basis</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AssetsInterestRateBasis" xlink:to="label_AssetsInterestRateBasis_2" xlink:title="Label : AssetsInterestRateBasis to label_AssetsInterestRateBasis_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_LiabilitiesInterestRateBasis" xlink:label="LiabilitiesInterestRateBasis" xlink:title="LiabilitiesInterestRateBasis" />
    <link:label xlink:type="resource" xlink:label="label_LiabilitiesInterestRateBasis" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_LiabilitiesInterestRateBasis" xml:lang="en-US" id="label_LiabilitiesInterestRateBasis">The basis (reference rate) used for calculation of the interest rate on liabilities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesInterestRateBasis" xlink:to="label_LiabilitiesInterestRateBasis" xlink:title="Label : LiabilitiesInterestRateBasis to label_LiabilitiesInterestRateBasis" />
    <link:label xlink:type="resource" xlink:label="label_LiabilitiesInterestRateBasis_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LiabilitiesInterestRateBasis_1" xml:lang="en-US" id="label_LiabilitiesInterestRateBasis_1">Rates agreement-liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesInterestRateBasis" xlink:to="label_LiabilitiesInterestRateBasis_1" xlink:title="Label : LiabilitiesInterestRateBasis to label_LiabilitiesInterestRateBasis_1" />
    <link:label xlink:type="resource" xlink:label="label_LiabilitiesInterestRateBasis_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LiabilitiesInterestRateBasis_2" xml:lang="en-US" id="label_LiabilitiesInterestRateBasis_2">Liabilities Interest Rate Basis</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesInterestRateBasis" xlink:to="label_LiabilitiesInterestRateBasis_2" xlink:title="Label : LiabilitiesInterestRateBasis to label_LiabilitiesInterestRateBasis_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfHedgeAccountingTable" xlink:label="DisclosureOfHedgeAccountingTable" xlink:title="DisclosureOfHedgeAccountingTable" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfHedgeAccountingTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfHedgeAccountingTable" xml:lang="en-US" id="label_DisclosureOfHedgeAccountingTable">Disclosure of detailed information about hedges [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfHedgeAccountingTable" xlink:to="label_DisclosureOfHedgeAccountingTable" xlink:title="Label : DisclosureOfHedgeAccountingTable to label_DisclosureOfHedgeAccountingTable" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfHedgeAccountingTable_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DisclosureOfHedgeAccountingTable_1" xml:lang="en-US" id="label_DisclosureOfHedgeAccountingTable_1">Disclosure of detailed information about hedges [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfHedgeAccountingTable" xlink:to="label_DisclosureOfHedgeAccountingTable_1" xlink:title="Label : DisclosureOfHedgeAccountingTable to label_DisclosureOfHedgeAccountingTable_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_HedgingInstrumentsAxis" xlink:label="HedgingInstrumentsAxis" xlink:title="HedgingInstrumentsAxis" />
    <link:label xlink:type="resource" xlink:label="label_HedgingInstrumentsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_HedgingInstrumentsAxis" xml:lang="en-US" id="label_HedgingInstrumentsAxis">Hedging instruments [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HedgingInstrumentsAxis" xlink:to="label_HedgingInstrumentsAxis" xlink:title="Label : HedgingInstrumentsAxis to label_HedgingInstrumentsAxis" />
    <link:label xlink:type="resource" xlink:label="label_HedgingInstrumentsAxis_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_HedgingInstrumentsAxis_1" xml:lang="en-US" id="label_HedgingInstrumentsAxis_1">Hedging instruments [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HedgingInstrumentsAxis" xlink:to="label_HedgingInstrumentsAxis_1" xlink:title="Label : HedgingInstrumentsAxis to label_HedgingInstrumentsAxis_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_HedgingInstrumentsMember" xlink:label="HedgingInstrumentsMember" xlink:title="HedgingInstrumentsMember" />
    <link:label xlink:type="resource" xlink:label="label_HedgingInstrumentsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_HedgingInstrumentsMember" xml:lang="en-US" id="label_HedgingInstrumentsMember">Hedging instruments [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HedgingInstrumentsMember" xlink:to="label_HedgingInstrumentsMember" xlink:title="Label : HedgingInstrumentsMember to label_HedgingInstrumentsMember" />
    <link:label xlink:type="resource" xlink:label="label_HedgingInstrumentsMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_HedgingInstrumentsMember_1" xml:lang="en-US" id="label_HedgingInstrumentsMember_1">Hedging instruments [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HedgingInstrumentsMember" xlink:to="label_HedgingInstrumentsMember_1" xlink:title="Label : HedgingInstrumentsMember to label_HedgingInstrumentsMember_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ForeignExchangeHedgingInstrumentsMember" xlink:label="ForeignExchangeHedgingInstrumentsMember" xlink:title="ForeignExchangeHedgingInstrumentsMember" />
    <link:label xlink:type="resource" xlink:label="label_ForeignExchangeHedgingInstrumentsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ForeignExchangeHedgingInstrumentsMember" xml:lang="en-US" id="label_ForeignExchangeHedgingInstrumentsMember">This member stands for the information pertaining to Foreign exchange hedging instruments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignExchangeHedgingInstrumentsMember" xlink:to="label_ForeignExchangeHedgingInstrumentsMember" xlink:title="Label : ForeignExchangeHedgingInstrumentsMember to label_ForeignExchangeHedgingInstrumentsMember" />
    <link:label xlink:type="resource" xlink:label="label_ForeignExchangeHedgingInstrumentsMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ForeignExchangeHedgingInstrumentsMember_1" xml:lang="en-US" id="label_ForeignExchangeHedgingInstrumentsMember_1">Foreign exchange hedging instruments [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignExchangeHedgingInstrumentsMember" xlink:to="label_ForeignExchangeHedgingInstrumentsMember_1" xlink:title="Label : ForeignExchangeHedgingInstrumentsMember to label_ForeignExchangeHedgingInstrumentsMember_1" />
    <link:label xlink:type="resource" xlink:label="label_ForeignExchangeHedgingInstrumentsMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ForeignExchangeHedgingInstrumentsMember_2" xml:lang="en-US" id="label_ForeignExchangeHedgingInstrumentsMember_2">Foreign exchange hedging instruments [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignExchangeHedgingInstrumentsMember" xlink:to="label_ForeignExchangeHedgingInstrumentsMember_2" xlink:title="Label : ForeignExchangeHedgingInstrumentsMember to label_ForeignExchangeHedgingInstrumentsMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_InterestRateHedgingInstrumentsMember" xlink:label="InterestRateHedgingInstrumentsMember" xlink:title="InterestRateHedgingInstrumentsMember" />
    <link:label xlink:type="resource" xlink:label="label_InterestRateHedgingInstrumentsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_InterestRateHedgingInstrumentsMember" xml:lang="en-US" id="label_InterestRateHedgingInstrumentsMember">This member stands for the information pertaining to Interest rate hedging instruments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestRateHedgingInstrumentsMember" xlink:to="label_InterestRateHedgingInstrumentsMember" xlink:title="Label : InterestRateHedgingInstrumentsMember to label_InterestRateHedgingInstrumentsMember" />
    <link:label xlink:type="resource" xlink:label="label_InterestRateHedgingInstrumentsMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_InterestRateHedgingInstrumentsMember_1" xml:lang="en-US" id="label_InterestRateHedgingInstrumentsMember_1">Interest rate hedging instruments [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestRateHedgingInstrumentsMember" xlink:to="label_InterestRateHedgingInstrumentsMember_1" xlink:title="Label : InterestRateHedgingInstrumentsMember to label_InterestRateHedgingInstrumentsMember_1" />
    <link:label xlink:type="resource" xlink:label="label_InterestRateHedgingInstrumentsMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_InterestRateHedgingInstrumentsMember_2" xml:lang="en-US" id="label_InterestRateHedgingInstrumentsMember_2">Interest rate hedging instruments [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestRateHedgingInstrumentsMember" xlink:to="label_InterestRateHedgingInstrumentsMember_2" xlink:title="Label : InterestRateHedgingInstrumentsMember to label_InterestRateHedgingInstrumentsMember_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfHedgeAccountingLineItems" xlink:label="DisclosureOfHedgeAccountingLineItems" xlink:title="DisclosureOfHedgeAccountingLineItems" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfHedgeAccountingLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfHedgeAccountingLineItems" xml:lang="en-US" id="label_DisclosureOfHedgeAccountingLineItems">Disclosure of detailed information about hedges [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfHedgeAccountingLineItems" xlink:to="label_DisclosureOfHedgeAccountingLineItems" xlink:title="Label : DisclosureOfHedgeAccountingLineItems to label_DisclosureOfHedgeAccountingLineItems" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfHedgeAccountingLineItems_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DisclosureOfHedgeAccountingLineItems_1" xml:lang="en-US" id="label_DisclosureOfHedgeAccountingLineItems_1">Disclosure of detailed information about hedges [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfHedgeAccountingLineItems" xlink:to="label_DisclosureOfHedgeAccountingLineItems_1" xlink:title="Label : DisclosureOfHedgeAccountingLineItems to label_DisclosureOfHedgeAccountingLineItems_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognisingHedgeIneffectiveness" xlink:label="GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognisingHedgeIneffectiveness" xlink:title="GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognisingHedgeIneffectiveness" />
    <link:label xlink:type="resource" xlink:label="label_GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognisingHedgeIneffectiveness" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognisingHedgeIneffectiveness" xml:lang="en-US" id="label_GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognisingHedgeIneffectiveness">Gain (loss) on change in fair value of hedging instrument used as basis for recognising hedge ineffectiveness</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognisingHedgeIneffectiveness" xlink:to="label_GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognisingHedgeIneffectiveness" xlink:title="Label : GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognisingHedgeIneffectiveness to label_GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognisingHedgeIneffectiveness" />
    <link:label xlink:type="resource" xlink:label="label_GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognisingHedgeIneffectiveness_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognisingHedgeIneffectiveness_1" xml:lang="en-US" id="label_GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognisingHedgeIneffectiveness_1">Result of hedging instruments - gain/(loss) - R$</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognisingHedgeIneffectiveness" xlink:to="label_GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognisingHedgeIneffectiveness_1" xlink:title="Label : GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognisingHedgeIneffectiveness to label_GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognisingHedgeIneffectiveness_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_GainLossRelatedToFairValueAdjustmentOfDebt" xlink:label="GainLossRelatedToFairValueAdjustmentOfDebt" xlink:title="GainLossRelatedToFairValueAdjustmentOfDebt" />
    <link:label xlink:type="resource" xlink:label="label_GainLossRelatedToFairValueAdjustmentOfDebt" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_GainLossRelatedToFairValueAdjustmentOfDebt" xml:lang="en-US" id="label_GainLossRelatedToFairValueAdjustmentOfDebt">The amount of gain (loss) related to fair value adjustment of debt.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainLossRelatedToFairValueAdjustmentOfDebt" xlink:to="label_GainLossRelatedToFairValueAdjustmentOfDebt" xlink:title="Label : GainLossRelatedToFairValueAdjustmentOfDebt to label_GainLossRelatedToFairValueAdjustmentOfDebt" />
    <link:label xlink:type="resource" xlink:label="label_GainLossRelatedToFairValueAdjustmentOfDebt_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_GainLossRelatedToFairValueAdjustmentOfDebt_1" xml:lang="en-US" id="label_GainLossRelatedToFairValueAdjustmentOfDebt_1">Fair value adjustment of debt - R$</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainLossRelatedToFairValueAdjustmentOfDebt" xlink:to="label_GainLossRelatedToFairValueAdjustmentOfDebt_1" xlink:title="Label : GainLossRelatedToFairValueAdjustmentOfDebt to label_GainLossRelatedToFairValueAdjustmentOfDebt_1" />
    <link:label xlink:type="resource" xlink:label="label_GainLossRelatedToFairValueAdjustmentOfDebt_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GainLossRelatedToFairValueAdjustmentOfDebt_2" xml:lang="en-US" id="label_GainLossRelatedToFairValueAdjustmentOfDebt_2">Gain Loss Related To Fair Value Adjustment Of Debt</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainLossRelatedToFairValueAdjustmentOfDebt" xlink:to="label_GainLossRelatedToFairValueAdjustmentOfDebt_2" xlink:title="Label : GainLossRelatedToFairValueAdjustmentOfDebt to label_GainLossRelatedToFairValueAdjustmentOfDebt_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_InterestExpenseOnFinancialLiabilitiesDesignatedAtFairValueThroughProfitOrLoss" xlink:label="InterestExpenseOnFinancialLiabilitiesDesignatedAtFairValueThroughProfitOrLoss" xlink:title="InterestExpenseOnFinancialLiabilitiesDesignatedAtFairValueThroughProfitOrLoss" />
    <link:label xlink:type="resource" xlink:label="label_InterestExpenseOnFinancialLiabilitiesDesignatedAtFairValueThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_InterestExpenseOnFinancialLiabilitiesDesignatedAtFairValueThroughProfitOrLoss" xml:lang="en-US" id="label_InterestExpenseOnFinancialLiabilitiesDesignatedAtFairValueThroughProfitOrLoss">Interest expense on financial liabilities designated at fair value through profit or loss</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestExpenseOnFinancialLiabilitiesDesignatedAtFairValueThroughProfitOrLoss" xlink:to="label_InterestExpenseOnFinancialLiabilitiesDesignatedAtFairValueThroughProfitOrLoss" xlink:title="Label : InterestExpenseOnFinancialLiabilitiesDesignatedAtFairValueThroughProfitOrLoss to label_InterestExpenseOnFinancialLiabilitiesDesignatedAtFairValueThroughProfitOrLoss" />
    <link:label xlink:type="resource" xlink:label="label_InterestExpenseOnFinancialLiabilitiesDesignatedAtFairValueThroughProfitOrLoss_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_InterestExpenseOnFinancialLiabilitiesDesignatedAtFairValueThroughProfitOrLoss_1" xml:lang="en-US" id="label_InterestExpenseOnFinancialLiabilitiesDesignatedAtFairValueThroughProfitOrLoss_1">Financial expense in the statements of profit or loss - R$</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestExpenseOnFinancialLiabilitiesDesignatedAtFairValueThroughProfitOrLoss" xlink:to="label_InterestExpenseOnFinancialLiabilitiesDesignatedAtFairValueThroughProfitOrLoss_1" xlink:title="Label : InterestExpenseOnFinancialLiabilitiesDesignatedAtFairValueThroughProfitOrLoss to label_InterestExpenseOnFinancialLiabilitiesDesignatedAtFairValueThroughProfitOrLoss_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_PercentageOfAverageEffectiveCost" xlink:label="PercentageOfAverageEffectiveCost" xlink:title="PercentageOfAverageEffectiveCost" />
    <link:label xlink:type="resource" xlink:label="label_PercentageOfAverageEffectiveCost" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_PercentageOfAverageEffectiveCost" xml:lang="en-US" id="label_PercentageOfAverageEffectiveCost">The percentage of average effective cost of hedging instruments designated as fair value hedge.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfAverageEffectiveCost" xlink:to="label_PercentageOfAverageEffectiveCost" xlink:title="Label : PercentageOfAverageEffectiveCost to label_PercentageOfAverageEffectiveCost" />
    <link:label xlink:type="resource" xlink:label="label_PercentageOfAverageEffectiveCost_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_PercentageOfAverageEffectiveCost_1" xml:lang="en-US" id="label_PercentageOfAverageEffectiveCost_1">Average effective cost - DI %</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfAverageEffectiveCost" xlink:to="label_PercentageOfAverageEffectiveCost_1" xlink:title="Label : PercentageOfAverageEffectiveCost to label_PercentageOfAverageEffectiveCost_1" />
    <link:label xlink:type="resource" xlink:label="label_PercentageOfAverageEffectiveCost_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PercentageOfAverageEffectiveCost_2" xml:lang="en-US" id="label_PercentageOfAverageEffectiveCost_2">Percentage Of Average Effective Cost</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfAverageEffectiveCost" xlink:to="label_PercentageOfAverageEffectiveCost_2" xlink:title="Label : PercentageOfAverageEffectiveCost to label_PercentageOfAverageEffectiveCost_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_GainLossRelatedToFairValueAdjustmentOfInventories" xlink:label="GainLossRelatedToFairValueAdjustmentOfInventories" xlink:title="GainLossRelatedToFairValueAdjustmentOfInventories" />
    <link:label xlink:type="resource" xlink:label="label_GainLossRelatedToFairValueAdjustmentOfInventories" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_GainLossRelatedToFairValueAdjustmentOfInventories" xml:lang="en-US" id="label_GainLossRelatedToFairValueAdjustmentOfInventories">The amount of gain (loss) related to fair value adjustment of inventories.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainLossRelatedToFairValueAdjustmentOfInventories" xlink:to="label_GainLossRelatedToFairValueAdjustmentOfInventories" xlink:title="Label : GainLossRelatedToFairValueAdjustmentOfInventories to label_GainLossRelatedToFairValueAdjustmentOfInventories" />
    <link:label xlink:type="resource" xlink:label="label_GainLossRelatedToFairValueAdjustmentOfInventories_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GainLossRelatedToFairValueAdjustmentOfInventories_1" xml:lang="en-US" id="label_GainLossRelatedToFairValueAdjustmentOfInventories_1">Gain (Loss) Related to Fair Value Adjustment of Inventories</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainLossRelatedToFairValueAdjustmentOfInventories" xlink:to="label_GainLossRelatedToFairValueAdjustmentOfInventories_1" xlink:title="Label : GainLossRelatedToFairValueAdjustmentOfInventories to label_GainLossRelatedToFairValueAdjustmentOfInventories_1" />
    <link:label xlink:type="resource" xlink:label="label_GainLossRelatedToFairValueAdjustmentOfInventories_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_GainLossRelatedToFairValueAdjustmentOfInventories_2" xml:lang="en-US" id="label_GainLossRelatedToFairValueAdjustmentOfInventories_2">Fair value adjustment of inventories &#x2013; R$</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainLossRelatedToFairValueAdjustmentOfInventories" xlink:to="label_GainLossRelatedToFairValueAdjustmentOfInventories_2" xlink:title="Label : GainLossRelatedToFairValueAdjustmentOfInventories to label_GainLossRelatedToFairValueAdjustmentOfInventories_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ProfitOrLossMember" xlink:label="ProfitOrLossMember" xlink:title="ProfitOrLossMember" />
    <link:label xlink:type="resource" xlink:label="label_ProfitOrLossMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ProfitOrLossMember" xml:lang="en-US" id="label_ProfitOrLossMember">This member stands for the information pertaining to profit or loss.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitOrLossMember" xlink:to="label_ProfitOrLossMember" xlink:title="Label : ProfitOrLossMember to label_ProfitOrLossMember" />
    <link:label xlink:type="resource" xlink:label="label_ProfitOrLossMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ProfitOrLossMember_1" xml:lang="en-US" id="label_ProfitOrLossMember_1">Profit or loss [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitOrLossMember" xlink:to="label_ProfitOrLossMember_1" xlink:title="Label : ProfitOrLossMember to label_ProfitOrLossMember_1" />
    <link:label xlink:type="resource" xlink:label="label_ProfitOrLossMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ProfitOrLossMember_2" xml:lang="en-US" id="label_ProfitOrLossMember_2">Profit or loss [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitOrLossMember" xlink:to="label_ProfitOrLossMember_2" xlink:title="Label : ProfitOrLossMember to label_ProfitOrLossMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_HedgingInstrumentEquityMember" xlink:label="HedgingInstrumentEquityMember" xlink:title="HedgingInstrumentEquityMember" />
    <link:label xlink:type="resource" xlink:label="label_HedgingInstrumentEquityMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_HedgingInstrumentEquityMember" xml:lang="en-US" id="label_HedgingInstrumentEquityMember">This member stands for the information pertaining to hedging instrument equity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HedgingInstrumentEquityMember" xlink:to="label_HedgingInstrumentEquityMember" xlink:title="Label : HedgingInstrumentEquityMember to label_HedgingInstrumentEquityMember" />
    <link:label xlink:type="resource" xlink:label="label_HedgingInstrumentEquityMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_HedgingInstrumentEquityMember_1" xml:lang="en-US" id="label_HedgingInstrumentEquityMember_1">Equity [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HedgingInstrumentEquityMember" xlink:to="label_HedgingInstrumentEquityMember_1" xlink:title="Label : HedgingInstrumentEquityMember to label_HedgingInstrumentEquityMember_1" />
    <link:label xlink:type="resource" xlink:label="label_HedgingInstrumentEquityMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_HedgingInstrumentEquityMember_2" xml:lang="en-US" id="label_HedgingInstrumentEquityMember_2">Hedging instrument equity [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HedgingInstrumentEquityMember" xlink:to="label_HedgingInstrumentEquityMember_2" xlink:title="Label : HedgingInstrumentEquityMember to label_HedgingInstrumentEquityMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_HedgingInstrumentRatesAxis" xlink:label="HedgingInstrumentRatesAxis" xlink:title="HedgingInstrumentRatesAxis" />
    <link:label xlink:type="resource" xlink:label="label_HedgingInstrumentRatesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_HedgingInstrumentRatesAxis" xml:lang="en-US" id="label_HedgingInstrumentRatesAxis">Hedging instrument rates [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HedgingInstrumentRatesAxis" xlink:to="label_HedgingInstrumentRatesAxis" xlink:title="Label : HedgingInstrumentRatesAxis to label_HedgingInstrumentRatesAxis" />
    <link:label xlink:type="resource" xlink:label="label_HedgingInstrumentRatesAxis_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_HedgingInstrumentRatesAxis_1" xml:lang="en-US" id="label_HedgingInstrumentRatesAxis_1">Hedging instrument rates [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HedgingInstrumentRatesAxis" xlink:to="label_HedgingInstrumentRatesAxis_1" xlink:title="Label : HedgingInstrumentRatesAxis to label_HedgingInstrumentRatesAxis_1" />
    <link:label xlink:type="resource" xlink:label="label_HedgingInstrumentRatesAxis_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_HedgingInstrumentRatesAxis_2" xml:lang="en-US" id="label_HedgingInstrumentRatesAxis_2">Hedging instrument rates [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HedgingInstrumentRatesAxis" xlink:to="label_HedgingInstrumentRatesAxis_2" xlink:title="Label : HedgingInstrumentRatesAxis to label_HedgingInstrumentRatesAxis_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_HedgingInstrumentRatesDomain" xlink:label="HedgingInstrumentRatesDomain" xlink:title="HedgingInstrumentRatesDomain" />
    <link:label xlink:type="resource" xlink:label="label_HedgingInstrumentRatesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_HedgingInstrumentRatesDomain" xml:lang="en-US" id="label_HedgingInstrumentRatesDomain">Hedging instrument rates [domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HedgingInstrumentRatesDomain" xlink:to="label_HedgingInstrumentRatesDomain" xlink:title="Label : HedgingInstrumentRatesDomain to label_HedgingInstrumentRatesDomain" />
    <link:label xlink:type="resource" xlink:label="label_HedgingInstrumentRatesDomain_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_HedgingInstrumentRatesDomain_1" xml:lang="en-US" id="label_HedgingInstrumentRatesDomain_1">Hedging instrument rates [domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HedgingInstrumentRatesDomain" xlink:to="label_HedgingInstrumentRatesDomain_1" xlink:title="Label : HedgingInstrumentRatesDomain to label_HedgingInstrumentRatesDomain_1" />
    <link:label xlink:type="resource" xlink:label="label_HedgingInstrumentRatesDomain_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_HedgingInstrumentRatesDomain_2" xml:lang="en-US" id="label_HedgingInstrumentRatesDomain_2">Hedging instrument rates [domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HedgingInstrumentRatesDomain" xlink:to="label_HedgingInstrumentRatesDomain_2" xlink:title="Label : HedgingInstrumentRatesDomain to label_HedgingInstrumentRatesDomain_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ExchangeRateSwapReceivableInUSDollarsAndCommoditiesMember" xlink:label="ExchangeRateSwapReceivableInUSDollarsAndCommoditiesMember" xlink:title="ExchangeRateSwapReceivableInUSDollarsAndCommoditiesMember" />
    <link:label xlink:type="resource" xlink:label="label_ExchangeRateSwapReceivableInUSDollarsAndCommoditiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ExchangeRateSwapReceivableInUSDollarsAndCommoditiesMember" xml:lang="en-US" id="label_ExchangeRateSwapReceivableInUSDollarsAndCommoditiesMember">Exchange Rate Swap Receivable in U S Dollars and Commodities [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExchangeRateSwapReceivableInUSDollarsAndCommoditiesMember" xlink:to="label_ExchangeRateSwapReceivableInUSDollarsAndCommoditiesMember" xlink:title="Label : ExchangeRateSwapReceivableInUSDollarsAndCommoditiesMember to label_ExchangeRateSwapReceivableInUSDollarsAndCommoditiesMember" />
    <link:label xlink:type="resource" xlink:label="label_ExchangeRateSwapReceivableInUSDollarsAndCommoditiesMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ExchangeRateSwapReceivableInUSDollarsAndCommoditiesMember_1" xml:lang="en-US" id="label_ExchangeRateSwapReceivableInUSDollarsAndCommoditiesMember_1">Currency swaps receivable in U.S. dollars and commodities [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExchangeRateSwapReceivableInUSDollarsAndCommoditiesMember" xlink:to="label_ExchangeRateSwapReceivableInUSDollarsAndCommoditiesMember_1" xlink:title="Label : ExchangeRateSwapReceivableInUSDollarsAndCommoditiesMember to label_ExchangeRateSwapReceivableInUSDollarsAndCommoditiesMember_1" />
    <link:label xlink:type="resource" xlink:label="label_ExchangeRateSwapReceivableInUSDollarsAndCommoditiesMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ExchangeRateSwapReceivableInUSDollarsAndCommoditiesMember_2" xml:lang="en-US" id="label_ExchangeRateSwapReceivableInUSDollarsAndCommoditiesMember_2">This member stands for the information pertaining to exchange rate derivates receivable in US Dollars and commodities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExchangeRateSwapReceivableInUSDollarsAndCommoditiesMember" xlink:to="label_ExchangeRateSwapReceivableInUSDollarsAndCommoditiesMember_2" xlink:title="Label : ExchangeRateSwapReceivableInUSDollarsAndCommoditiesMember to label_ExchangeRateSwapReceivableInUSDollarsAndCommoditiesMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ExchangeRateDerivatesPayableInUSDollarsMember" xlink:label="ExchangeRateDerivatesPayableInUSDollarsMember" xlink:title="ExchangeRateDerivatesPayableInUSDollarsMember" />
    <link:label xlink:type="resource" xlink:label="label_ExchangeRateDerivatesPayableInUSDollarsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ExchangeRateDerivatesPayableInUSDollarsMember" xml:lang="en-US" id="label_ExchangeRateDerivatesPayableInUSDollarsMember">Exchange Rate Derivates Payable In U S Dollars [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExchangeRateDerivatesPayableInUSDollarsMember" xlink:to="label_ExchangeRateDerivatesPayableInUSDollarsMember" xlink:title="Label : ExchangeRateDerivatesPayableInUSDollarsMember to label_ExchangeRateDerivatesPayableInUSDollarsMember" />
    <link:label xlink:type="resource" xlink:label="label_ExchangeRateDerivatesPayableInUSDollarsMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ExchangeRateDerivatesPayableInUSDollarsMember_1" xml:lang="en-US" id="label_ExchangeRateDerivatesPayableInUSDollarsMember_1">Exchange rate derivates payable in U.S. dollars [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExchangeRateDerivatesPayableInUSDollarsMember" xlink:to="label_ExchangeRateDerivatesPayableInUSDollarsMember_1" xlink:title="Label : ExchangeRateDerivatesPayableInUSDollarsMember to label_ExchangeRateDerivatesPayableInUSDollarsMember_1" />
    <link:label xlink:type="resource" xlink:label="label_ExchangeRateDerivatesPayableInUSDollarsMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ExchangeRateDerivatesPayableInUSDollarsMember_2" xml:lang="en-US" id="label_ExchangeRateDerivatesPayableInUSDollarsMember_2">This member stands for the information pertaining to exchange rate derivates payable in US Dollars.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExchangeRateDerivatesPayableInUSDollarsMember" xlink:to="label_ExchangeRateDerivatesPayableInUSDollarsMember_2" xlink:title="Label : ExchangeRateDerivatesPayableInUSDollarsMember to label_ExchangeRateDerivatesPayableInUSDollarsMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_InterestRateSwapsBrlMember" xlink:label="InterestRateSwapsBrlMember" xlink:title="InterestRateSwapsBrlMember" />
    <link:label xlink:type="resource" xlink:label="label_InterestRateSwapsBrlMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_InterestRateSwapsBrlMember" xml:lang="en-US" id="label_InterestRateSwapsBrlMember">This member stands for the information pertaining to interest rate swaps brl.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestRateSwapsBrlMember" xlink:to="label_InterestRateSwapsBrlMember" xlink:title="Label : InterestRateSwapsBrlMember to label_InterestRateSwapsBrlMember" />
    <link:label xlink:type="resource" xlink:label="label_InterestRateSwapsBrlMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_InterestRateSwapsBrlMember_1" xml:lang="en-US" id="label_InterestRateSwapsBrlMember_1">Interest rate swaps in R$ [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestRateSwapsBrlMember" xlink:to="label_InterestRateSwapsBrlMember_1" xlink:title="Label : InterestRateSwapsBrlMember to label_InterestRateSwapsBrlMember_1" />
    <link:label xlink:type="resource" xlink:label="label_InterestRateSwapsBrlMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_InterestRateSwapsBrlMember_2" xml:lang="en-US" id="label_InterestRateSwapsBrlMember_2">Interest rate swaps brl [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestRateSwapsBrlMember" xlink:to="label_InterestRateSwapsBrlMember_2" xlink:title="Label : InterestRateSwapsBrlMember to label_InterestRateSwapsBrlMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NonDerivativeFinancialInstrumentsMember" xlink:label="NonDerivativeFinancialInstrumentsMember" xlink:title="NonDerivativeFinancialInstrumentsMember" />
    <link:label xlink:type="resource" xlink:label="label_NonDerivativeFinancialInstrumentsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_NonDerivativeFinancialInstrumentsMember" xml:lang="en-US" id="label_NonDerivativeFinancialInstrumentsMember">This member stands for the information pertaining to non-derivative Financial Instruments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonDerivativeFinancialInstrumentsMember" xlink:to="label_NonDerivativeFinancialInstrumentsMember" xlink:title="Label : NonDerivativeFinancialInstrumentsMember to label_NonDerivativeFinancialInstrumentsMember" />
    <link:label xlink:type="resource" xlink:label="label_NonDerivativeFinancialInstrumentsMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NonDerivativeFinancialInstrumentsMember_1" xml:lang="en-US" id="label_NonDerivativeFinancialInstrumentsMember_1">Non-derivative financial instruments [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonDerivativeFinancialInstrumentsMember" xlink:to="label_NonDerivativeFinancialInstrumentsMember_1" xlink:title="Label : NonDerivativeFinancialInstrumentsMember to label_NonDerivativeFinancialInstrumentsMember_1" />
    <link:label xlink:type="resource" xlink:label="label_NonDerivativeFinancialInstrumentsMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NonDerivativeFinancialInstrumentsMember_2" xml:lang="en-US" id="label_NonDerivativeFinancialInstrumentsMember_2">Non Derivative Financial Instruments [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonDerivativeFinancialInstrumentsMember" xlink:to="label_NonDerivativeFinancialInstrumentsMember_2" xlink:title="Label : NonDerivativeFinancialInstrumentsMember to label_NonDerivativeFinancialInstrumentsMember_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_GainsLossesOnHedgingInstrument" xlink:label="GainsLossesOnHedgingInstrument" xlink:title="GainsLossesOnHedgingInstrument" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainsLossesOnHedgingInstrument" xlink:to="label_GainsLossesOnHedgingInstrument" xlink:title="Label : GainsLossesOnHedgingInstrument to label_GainsLossesOnHedgingInstrument" />
    <link:label xlink:type="resource" xlink:label="label_GainsLossesOnHedgingInstrument_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GainsLossesOnHedgingInstrument_1" xml:lang="en-US" id="label_GainsLossesOnHedgingInstrument_1">Gains (losses) on hedging instrument, fair value hedges</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainsLossesOnHedgingInstrument" xlink:to="label_GainsLossesOnHedgingInstrument_1" xlink:title="Label : GainsLossesOnHedgingInstrument to label_GainsLossesOnHedgingInstrument_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_CashAndBankDepositsMember" xlink:label="CashAndBankDepositsMember" xlink:title="CashAndBankDepositsMember" />
    <link:label xlink:type="resource" xlink:label="label_CashAndBankDepositsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CashAndBankDepositsMember" xml:lang="en-US" id="label_CashAndBankDepositsMember">Cash and bank deposits [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndBankDepositsMember" xlink:to="label_CashAndBankDepositsMember" xlink:title="Label : CashAndBankDepositsMember to label_CashAndBankDepositsMember" />
    <link:label xlink:type="resource" xlink:label="label_CashAndBankDepositsMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CashAndBankDepositsMember_1" xml:lang="en-US" id="label_CashAndBankDepositsMember_1">Cash and bank [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndBankDepositsMember" xlink:to="label_CashAndBankDepositsMember_1" xlink:title="Label : CashAndBankDepositsMember to label_CashAndBankDepositsMember_1" />
    <link:label xlink:type="resource" xlink:label="label_CashAndBankDepositsMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_CashAndBankDepositsMember_2" xml:lang="en-US" id="label_CashAndBankDepositsMember_2">This member stands for the information pertaining to cash and bank deposits.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndBankDepositsMember" xlink:to="label_CashAndBankDepositsMember_2" xlink:title="Label : CashAndBankDepositsMember to label_CashAndBankDepositsMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_FinancialInvestmentsLocalCurrencyMember" xlink:label="FinancialInvestmentsLocalCurrencyMember" xlink:title="FinancialInvestmentsLocalCurrencyMember" />
    <link:label xlink:type="resource" xlink:label="label_FinancialInvestmentsLocalCurrencyMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_FinancialInvestmentsLocalCurrencyMember" xml:lang="en-US" id="label_FinancialInvestmentsLocalCurrencyMember">This member stands for the information pertaining to financial investments local currency.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialInvestmentsLocalCurrencyMember" xlink:to="label_FinancialInvestmentsLocalCurrencyMember" xlink:title="Label : FinancialInvestmentsLocalCurrencyMember to label_FinancialInvestmentsLocalCurrencyMember" />
    <link:label xlink:type="resource" xlink:label="label_FinancialInvestmentsLocalCurrencyMember_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_FinancialInvestmentsLocalCurrencyMember_1" xml:lang="en-US" id="label_FinancialInvestmentsLocalCurrencyMember_1">Financial investments in local currency [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialInvestmentsLocalCurrencyMember" xlink:to="label_FinancialInvestmentsLocalCurrencyMember_1" xlink:title="Label : FinancialInvestmentsLocalCurrencyMember to label_FinancialInvestmentsLocalCurrencyMember_1" />
    <link:label xlink:type="resource" xlink:label="label_FinancialInvestmentsLocalCurrencyMember_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_FinancialInvestmentsLocalCurrencyMember_2" xml:lang="en-US" id="label_FinancialInvestmentsLocalCurrencyMember_2">Financial investments local currency [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialInvestmentsLocalCurrencyMember" xlink:to="label_FinancialInvestmentsLocalCurrencyMember_2" xlink:title="Label : FinancialInvestmentsLocalCurrencyMember to label_FinancialInvestmentsLocalCurrencyMember_2" />
    <link:label xlink:type="resource" xlink:label="label_FinancialInvestmentsLocalCurrencyMember_3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FinancialInvestmentsLocalCurrencyMember_3" xml:lang="en-US" id="label_FinancialInvestmentsLocalCurrencyMember_3">Financial investments local currency [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialInvestmentsLocalCurrencyMember" xlink:to="label_FinancialInvestmentsLocalCurrencyMember_3" xlink:title="Label : FinancialInvestmentsLocalCurrencyMember to label_FinancialInvestmentsLocalCurrencyMember_3" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_FinancialInvestmentsForeignCurrencyMember" xlink:label="FinancialInvestmentsForeignCurrencyMember" xlink:title="FinancialInvestmentsForeignCurrencyMember" />
    <link:label xlink:type="resource" xlink:label="label_FinancialInvestmentsForeignCurrencyMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_FinancialInvestmentsForeignCurrencyMember" xml:lang="en-US" id="label_FinancialInvestmentsForeignCurrencyMember">This member stands for the information pertaining to financial investments foreign currency.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialInvestmentsForeignCurrencyMember" xlink:to="label_FinancialInvestmentsForeignCurrencyMember" xlink:title="Label : FinancialInvestmentsForeignCurrencyMember to label_FinancialInvestmentsForeignCurrencyMember" />
    <link:label xlink:type="resource" xlink:label="label_FinancialInvestmentsForeignCurrencyMember_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_FinancialInvestmentsForeignCurrencyMember_1" xml:lang="en-US" id="label_FinancialInvestmentsForeignCurrencyMember_1">Financial investments in foreign currency [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialInvestmentsForeignCurrencyMember" xlink:to="label_FinancialInvestmentsForeignCurrencyMember_1" xlink:title="Label : FinancialInvestmentsForeignCurrencyMember to label_FinancialInvestmentsForeignCurrencyMember_1" />
    <link:label xlink:type="resource" xlink:label="label_FinancialInvestmentsForeignCurrencyMember_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_FinancialInvestmentsForeignCurrencyMember_2" xml:lang="en-US" id="label_FinancialInvestmentsForeignCurrencyMember_2">Financial investments foreign currency [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialInvestmentsForeignCurrencyMember" xlink:to="label_FinancialInvestmentsForeignCurrencyMember_2" xlink:title="Label : FinancialInvestmentsForeignCurrencyMember to label_FinancialInvestmentsForeignCurrencyMember_2" />
    <link:label xlink:type="resource" xlink:label="label_FinancialInvestmentsForeignCurrencyMember_3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FinancialInvestmentsForeignCurrencyMember_3" xml:lang="en-US" id="label_FinancialInvestmentsForeignCurrencyMember_3">Financial investments foreign currency [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialInvestmentsForeignCurrencyMember" xlink:to="label_FinancialInvestmentsForeignCurrencyMember_3" xlink:title="Label : FinancialInvestmentsForeignCurrencyMember to label_FinancialInvestmentsForeignCurrencyMember_3" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_FixedIncomeSecuritiesLocalCurrency1Member" xlink:label="FixedIncomeSecuritiesLocalCurrency1Member" xlink:title="FixedIncomeSecuritiesLocalCurrency1Member" />
    <link:label xlink:type="resource" xlink:label="label_FixedIncomeSecuritiesLocalCurrency1Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_FixedIncomeSecuritiesLocalCurrency1Member" xml:lang="en-US" id="label_FixedIncomeSecuritiesLocalCurrency1Member">This member stands for the information pertaining to fixed income securities local currency.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FixedIncomeSecuritiesLocalCurrency1Member" xlink:to="label_FixedIncomeSecuritiesLocalCurrency1Member" xlink:title="Label : FixedIncomeSecuritiesLocalCurrency1Member to label_FixedIncomeSecuritiesLocalCurrency1Member" />
    <link:label xlink:type="resource" xlink:label="label_FixedIncomeSecuritiesLocalCurrency1Member_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_FixedIncomeSecuritiesLocalCurrency1Member_1" xml:lang="en-US" id="label_FixedIncomeSecuritiesLocalCurrency1Member_1">Fixed-income securities and funds in local currency1 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FixedIncomeSecuritiesLocalCurrency1Member" xlink:to="label_FixedIncomeSecuritiesLocalCurrency1Member_1" xlink:title="Label : FixedIncomeSecuritiesLocalCurrency1Member to label_FixedIncomeSecuritiesLocalCurrency1Member_1" />
    <link:label xlink:type="resource" xlink:label="label_FixedIncomeSecuritiesLocalCurrency1Member_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_FixedIncomeSecuritiesLocalCurrency1Member_2" xml:lang="en-US" id="label_FixedIncomeSecuritiesLocalCurrency1Member_2">Fixed income securities local currency1 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FixedIncomeSecuritiesLocalCurrency1Member" xlink:to="label_FixedIncomeSecuritiesLocalCurrency1Member_2" xlink:title="Label : FixedIncomeSecuritiesLocalCurrency1Member to label_FixedIncomeSecuritiesLocalCurrency1Member_2" />
    <link:label xlink:type="resource" xlink:label="label_FixedIncomeSecuritiesLocalCurrency1Member_3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FixedIncomeSecuritiesLocalCurrency1Member_3" xml:lang="en-US" id="label_FixedIncomeSecuritiesLocalCurrency1Member_3">Fixed income securities local currency1 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FixedIncomeSecuritiesLocalCurrency1Member" xlink:to="label_FixedIncomeSecuritiesLocalCurrency1Member_3" xlink:title="Label : FixedIncomeSecuritiesLocalCurrency1Member to label_FixedIncomeSecuritiesLocalCurrency1Member_3" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_FixedIncomeSecuritiesLocalCurrency2Member" xlink:label="FixedIncomeSecuritiesLocalCurrency2Member" xlink:title="FixedIncomeSecuritiesLocalCurrency2Member" />
    <link:label xlink:type="resource" xlink:label="label_FixedIncomeSecuritiesLocalCurrency2Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_FixedIncomeSecuritiesLocalCurrency2Member" xml:lang="en-US" id="label_FixedIncomeSecuritiesLocalCurrency2Member">This member stands for the information pertaining to fixed income securities local currency.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FixedIncomeSecuritiesLocalCurrency2Member" xlink:to="label_FixedIncomeSecuritiesLocalCurrency2Member" xlink:title="Label : FixedIncomeSecuritiesLocalCurrency2Member to label_FixedIncomeSecuritiesLocalCurrency2Member" />
    <link:label xlink:type="resource" xlink:label="label_FixedIncomeSecuritiesLocalCurrency2Member_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_FixedIncomeSecuritiesLocalCurrency2Member_1" xml:lang="en-US" id="label_FixedIncomeSecuritiesLocalCurrency2Member_1">Fixed-income securities and funds in local currency 2 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FixedIncomeSecuritiesLocalCurrency2Member" xlink:to="label_FixedIncomeSecuritiesLocalCurrency2Member_1" xlink:title="Label : FixedIncomeSecuritiesLocalCurrency2Member to label_FixedIncomeSecuritiesLocalCurrency2Member_1" />
    <link:label xlink:type="resource" xlink:label="label_FixedIncomeSecuritiesLocalCurrency2Member_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_FixedIncomeSecuritiesLocalCurrency2Member_2" xml:lang="en-US" id="label_FixedIncomeSecuritiesLocalCurrency2Member_2">Fixed income securities local currency2 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FixedIncomeSecuritiesLocalCurrency2Member" xlink:to="label_FixedIncomeSecuritiesLocalCurrency2Member_2" xlink:title="Label : FixedIncomeSecuritiesLocalCurrency2Member to label_FixedIncomeSecuritiesLocalCurrency2Member_2" />
    <link:label xlink:type="resource" xlink:label="label_FixedIncomeSecuritiesLocalCurrency2Member_3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FixedIncomeSecuritiesLocalCurrency2Member_3" xml:lang="en-US" id="label_FixedIncomeSecuritiesLocalCurrency2Member_3">Fixed income securities local currency2 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FixedIncomeSecuritiesLocalCurrency2Member" xlink:to="label_FixedIncomeSecuritiesLocalCurrency2Member_3" xlink:title="Label : FixedIncomeSecuritiesLocalCurrency2Member to label_FixedIncomeSecuritiesLocalCurrency2Member_3" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_FixedIncomeSecuritiesLocalCurrency3Member" xlink:label="FixedIncomeSecuritiesLocalCurrency3Member" xlink:title="FixedIncomeSecuritiesLocalCurrency3Member" />
    <link:label xlink:type="resource" xlink:label="label_FixedIncomeSecuritiesLocalCurrency3Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FixedIncomeSecuritiesLocalCurrency3Member" xml:lang="en-US" id="label_FixedIncomeSecuritiesLocalCurrency3Member">Fixed income securities local currency3 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FixedIncomeSecuritiesLocalCurrency3Member" xlink:to="label_FixedIncomeSecuritiesLocalCurrency3Member" xlink:title="Label : FixedIncomeSecuritiesLocalCurrency3Member to label_FixedIncomeSecuritiesLocalCurrency3Member" />
    <link:label xlink:type="resource" xlink:label="label_FixedIncomeSecuritiesLocalCurrency3Member_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_FixedIncomeSecuritiesLocalCurrency3Member_1" xml:lang="en-US" id="label_FixedIncomeSecuritiesLocalCurrency3Member_1">Fixed-income securities (guarantee of loans) [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FixedIncomeSecuritiesLocalCurrency3Member" xlink:to="label_FixedIncomeSecuritiesLocalCurrency3Member_1" xlink:title="Label : FixedIncomeSecuritiesLocalCurrency3Member to label_FixedIncomeSecuritiesLocalCurrency3Member_1" />
    <link:label xlink:type="resource" xlink:label="label_FixedIncomeSecuritiesLocalCurrency3Member_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_FixedIncomeSecuritiesLocalCurrency3Member_2" xml:lang="en-US" id="label_FixedIncomeSecuritiesLocalCurrency3Member_2">Fixed-income securities and funds in local currency 3 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FixedIncomeSecuritiesLocalCurrency3Member" xlink:to="label_FixedIncomeSecuritiesLocalCurrency3Member_2" xlink:title="Label : FixedIncomeSecuritiesLocalCurrency3Member to label_FixedIncomeSecuritiesLocalCurrency3Member_2" />
    <link:label xlink:type="resource" xlink:label="label_FixedIncomeSecuritiesLocalCurrency3Member_3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_FixedIncomeSecuritiesLocalCurrency3Member_3" xml:lang="en-US" id="label_FixedIncomeSecuritiesLocalCurrency3Member_3">This member stands for the information pertaining to fixed income securities local currency.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FixedIncomeSecuritiesLocalCurrency3Member" xlink:to="label_FixedIncomeSecuritiesLocalCurrency3Member_3" xlink:title="Label : FixedIncomeSecuritiesLocalCurrency3Member to label_FixedIncomeSecuritiesLocalCurrency3Member_3" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_FixedIncomeSecuritiesForeignCurrencyMember" xlink:label="FixedIncomeSecuritiesForeignCurrencyMember" xlink:title="FixedIncomeSecuritiesForeignCurrencyMember" />
    <link:label xlink:type="resource" xlink:label="label_FixedIncomeSecuritiesForeignCurrencyMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_FixedIncomeSecuritiesForeignCurrencyMember" xml:lang="en-US" id="label_FixedIncomeSecuritiesForeignCurrencyMember">This member stands for the information pertaining to fixed income securities foreign currency.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FixedIncomeSecuritiesForeignCurrencyMember" xlink:to="label_FixedIncomeSecuritiesForeignCurrencyMember" xlink:title="Label : FixedIncomeSecuritiesForeignCurrencyMember to label_FixedIncomeSecuritiesForeignCurrencyMember" />
    <link:label xlink:type="resource" xlink:label="label_FixedIncomeSecuritiesForeignCurrencyMember_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_FixedIncomeSecuritiesForeignCurrencyMember_1" xml:lang="en-US" id="label_FixedIncomeSecuritiesForeignCurrencyMember_1">Fixed-income securities and funds in foreign currency [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FixedIncomeSecuritiesForeignCurrencyMember" xlink:to="label_FixedIncomeSecuritiesForeignCurrencyMember_1" xlink:title="Label : FixedIncomeSecuritiesForeignCurrencyMember to label_FixedIncomeSecuritiesForeignCurrencyMember_1" />
    <link:label xlink:type="resource" xlink:label="label_FixedIncomeSecuritiesForeignCurrencyMember_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_FixedIncomeSecuritiesForeignCurrencyMember_2" xml:lang="en-US" id="label_FixedIncomeSecuritiesForeignCurrencyMember_2">Fixed income securities foreign currency [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FixedIncomeSecuritiesForeignCurrencyMember" xlink:to="label_FixedIncomeSecuritiesForeignCurrencyMember_2" xlink:title="Label : FixedIncomeSecuritiesForeignCurrencyMember to label_FixedIncomeSecuritiesForeignCurrencyMember_2" />
    <link:label xlink:type="resource" xlink:label="label_FixedIncomeSecuritiesForeignCurrencyMember_3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FixedIncomeSecuritiesForeignCurrencyMember_3" xml:lang="en-US" id="label_FixedIncomeSecuritiesForeignCurrencyMember_3">Fixed income securities foreign currency [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FixedIncomeSecuritiesForeignCurrencyMember" xlink:to="label_FixedIncomeSecuritiesForeignCurrencyMember_3" xlink:title="Label : FixedIncomeSecuritiesForeignCurrencyMember to label_FixedIncomeSecuritiesForeignCurrencyMember_3" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_CurrencyInterestRateHedgingInstrumentsMember" xlink:label="CurrencyInterestRateHedgingInstrumentsMember" xlink:title="CurrencyInterestRateHedgingInstrumentsMember" />
    <link:label xlink:type="resource" xlink:label="label_CurrencyInterestRateHedgingInstrumentsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurrencyInterestRateHedgingInstrumentsMember" xml:lang="en-US" id="label_CurrencyInterestRateHedgingInstrumentsMember">Currency interest rate hedging instruments [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrencyInterestRateHedgingInstrumentsMember" xlink:to="label_CurrencyInterestRateHedgingInstrumentsMember" xlink:title="Label : CurrencyInterestRateHedgingInstrumentsMember to label_CurrencyInterestRateHedgingInstrumentsMember" />
    <link:label xlink:type="resource" xlink:label="label_CurrencyInterestRateHedgingInstrumentsMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CurrencyInterestRateHedgingInstrumentsMember_1" xml:lang="en-US" id="label_CurrencyInterestRateHedgingInstrumentsMember_1">Currency interest rate hedging instruments [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrencyInterestRateHedgingInstrumentsMember" xlink:to="label_CurrencyInterestRateHedgingInstrumentsMember_1" xlink:title="Label : CurrencyInterestRateHedgingInstrumentsMember to label_CurrencyInterestRateHedgingInstrumentsMember_1" />
    <link:label xlink:type="resource" xlink:label="label_CurrencyInterestRateHedgingInstrumentsMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_CurrencyInterestRateHedgingInstrumentsMember_2" xml:lang="en-US" id="label_CurrencyInterestRateHedgingInstrumentsMember_2">This member stands for the information pertaining to currency interest rate hedging instruments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrencyInterestRateHedgingInstrumentsMember" xlink:to="label_CurrencyInterestRateHedgingInstrumentsMember_2" xlink:title="Label : CurrencyInterestRateHedgingInstrumentsMember to label_CurrencyInterestRateHedgingInstrumentsMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ResellerFinancingMember" xlink:label="ResellerFinancingMember" xlink:title="ResellerFinancingMember" />
    <link:label xlink:type="resource" xlink:label="label_ResellerFinancingMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ResellerFinancingMember" xml:lang="en-US" id="label_ResellerFinancingMember">This member stands for the information pertaining to reseller financing.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ResellerFinancingMember" xlink:to="label_ResellerFinancingMember" xlink:title="Label : ResellerFinancingMember to label_ResellerFinancingMember" />
    <link:label xlink:type="resource" xlink:label="label_ResellerFinancingMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ResellerFinancingMember_1" xml:lang="en-US" id="label_ResellerFinancingMember_1">Reseller Financing [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ResellerFinancingMember" xlink:to="label_ResellerFinancingMember_1" xlink:title="Label : ResellerFinancingMember to label_ResellerFinancingMember_1" />
    <link:label xlink:type="resource" xlink:label="label_ResellerFinancingMember_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_ResellerFinancingMember_2" xml:lang="en-US" id="label_ResellerFinancingMember_2">Reseller financing [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ResellerFinancingMember" xlink:to="label_ResellerFinancingMember_2" xlink:title="Label : ResellerFinancingMember to label_ResellerFinancingMember_2" />
    <link:label xlink:type="resource" xlink:label="label_ResellerFinancingMember_3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ResellerFinancingMember_3" xml:lang="en-US" id="label_ResellerFinancingMember_3">Reseller Financing [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ResellerFinancingMember" xlink:to="label_ResellerFinancingMember_3" xlink:title="Label : ResellerFinancingMember to label_ResellerFinancingMember_3" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_Financing1Member" xlink:label="Financing1Member" xlink:title="Financing1Member" />
    <link:label xlink:type="resource" xlink:label="label_Financing1Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_Financing1Member" xml:lang="en-US" id="label_Financing1Member">Financing1 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Financing1Member" xlink:to="label_Financing1Member" xlink:title="Label : Financing1Member to label_Financing1Member" />
    <link:label xlink:type="resource" xlink:label="label_Financing1Member_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_Financing1Member_1" xml:lang="en-US" id="label_Financing1Member_1">Financing 1 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Financing1Member" xlink:to="label_Financing1Member_1" xlink:title="Label : Financing1Member to label_Financing1Member_1" />
    <link:label xlink:type="resource" xlink:label="label_Financing1Member_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_Financing1Member_2" xml:lang="en-US" id="label_Financing1Member_2">This member stands for the information pertaining to financing payables.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Financing1Member" xlink:to="label_Financing1Member_2" xlink:title="Label : Financing1Member to label_Financing1Member_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_Financing2Member" xlink:label="Financing2Member" xlink:title="Financing2Member" />
    <link:label xlink:type="resource" xlink:label="label_Financing2Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_Financing2Member" xml:lang="en-US" id="label_Financing2Member">Financing 2 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Financing2Member" xlink:to="label_Financing2Member" xlink:title="Label : Financing2Member to label_Financing2Member" />
    <link:label xlink:type="resource" xlink:label="label_Financing2Member_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_Financing2Member_1" xml:lang="en-US" id="label_Financing2Member_1">Financing 2 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Financing2Member" xlink:to="label_Financing2Member_1" xlink:title="Label : Financing2Member to label_Financing2Member_1" />
    <link:label xlink:type="resource" xlink:label="label_Financing2Member_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_Financing2Member_2" xml:lang="en-US" id="label_Financing2Member_2">This member stands for the information pertaining to financing payables.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Financing2Member" xlink:to="label_Financing2Member_2" xlink:title="Label : Financing2Member to label_Financing2Member_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_Debentures1Member" xlink:label="Debentures1Member" xlink:title="Debentures1Member" />
    <link:label xlink:type="resource" xlink:label="label_Debentures1Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_Debentures1Member" xml:lang="en-US" id="label_Debentures1Member">This member stands for the information pertaining to debentures.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Debentures1Member" xlink:to="label_Debentures1Member" xlink:title="Label : Debentures1Member to label_Debentures1Member" />
    <link:label xlink:type="resource" xlink:label="label_Debentures1Member_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_Debentures1Member_1" xml:lang="en-US" id="label_Debentures1Member_1">Debentures 1 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Debentures1Member" xlink:to="label_Debentures1Member_1" xlink:title="Label : Debentures1Member to label_Debentures1Member_1" />
    <link:label xlink:type="resource" xlink:label="label_Debentures1Member_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_Debentures1Member_2" xml:lang="en-US" id="label_Debentures1Member_2">Debentures 1 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Debentures1Member" xlink:to="label_Debentures1Member_2" xlink:title="Label : Debentures1Member to label_Debentures1Member_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_CommoditiesCurrencyAndInterestRateHedgingInstrumentsMember" xlink:label="CommoditiesCurrencyAndInterestRateHedgingInstrumentsMember" xlink:title="CommoditiesCurrencyAndInterestRateHedgingInstrumentsMember" />
    <link:label xlink:type="resource" xlink:label="label_CommoditiesCurrencyAndInterestRateHedgingInstrumentsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CommoditiesCurrencyAndInterestRateHedgingInstrumentsMember" xml:lang="en-US" id="label_CommoditiesCurrencyAndInterestRateHedgingInstrumentsMember">Commodities currency and interest rate hedging instruments [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommoditiesCurrencyAndInterestRateHedgingInstrumentsMember" xlink:to="label_CommoditiesCurrencyAndInterestRateHedgingInstrumentsMember" xlink:title="Label : CommoditiesCurrencyAndInterestRateHedgingInstrumentsMember to label_CommoditiesCurrencyAndInterestRateHedgingInstrumentsMember" />
    <link:label xlink:type="resource" xlink:label="label_CommoditiesCurrencyAndInterestRateHedgingInstrumentsMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CommoditiesCurrencyAndInterestRateHedgingInstrumentsMember_1" xml:lang="en-US" id="label_CommoditiesCurrencyAndInterestRateHedgingInstrumentsMember_1">Commodities, currency and interest rate hedging instruments [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommoditiesCurrencyAndInterestRateHedgingInstrumentsMember" xlink:to="label_CommoditiesCurrencyAndInterestRateHedgingInstrumentsMember_1" xlink:title="Label : CommoditiesCurrencyAndInterestRateHedgingInstrumentsMember to label_CommoditiesCurrencyAndInterestRateHedgingInstrumentsMember_1" />
    <link:label xlink:type="resource" xlink:label="label_CommoditiesCurrencyAndInterestRateHedgingInstrumentsMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_CommoditiesCurrencyAndInterestRateHedgingInstrumentsMember_2" xml:lang="en-US" id="label_CommoditiesCurrencyAndInterestRateHedgingInstrumentsMember_2">This member stands for the information pertaining to commodities, currency and interest rate hedging instruments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommoditiesCurrencyAndInterestRateHedgingInstrumentsMember" xlink:to="label_CommoditiesCurrencyAndInterestRateHedgingInstrumentsMember_2" xlink:title="Label : CommoditiesCurrencyAndInterestRateHedgingInstrumentsMember to label_CommoditiesCurrencyAndInterestRateHedgingInstrumentsMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_TradePayableMember" xlink:label="TradePayableMember" xlink:title="TradePayableMember" />
    <link:label xlink:type="resource" xlink:label="label_TradePayableMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TradePayableMember" xml:lang="en-US" id="label_TradePayableMember">Trade Payable [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradePayableMember" xlink:to="label_TradePayableMember" xlink:title="Label : TradePayableMember to label_TradePayableMember" />
    <link:label xlink:type="resource" xlink:label="label_TradePayableMember_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_TradePayableMember_1" xml:lang="en-US" id="label_TradePayableMember_1">Trade payables [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradePayableMember" xlink:to="label_TradePayableMember_1" xlink:title="Label : TradePayableMember to label_TradePayableMember_1" />
    <link:label xlink:type="resource" xlink:label="label_TradePayableMember_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TradePayableMember_2" xml:lang="en-US" id="label_TradePayableMember_2">Trade Payable [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradePayableMember" xlink:to="label_TradePayableMember_2" xlink:title="Label : TradePayableMember to label_TradePayableMember_2" />
    <link:label xlink:type="resource" xlink:label="label_TradePayableMember_3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_TradePayableMember_3" xml:lang="en-US" id="label_TradePayableMember_3">This member stands for the information pertaining to trade payables.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradePayableMember" xlink:to="label_TradePayableMember_3" xlink:title="Label : TradePayableMember to label_TradePayableMember_3" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_SubscriptionWarrantsIndemnificationMember" xlink:label="SubscriptionWarrantsIndemnificationMember" xlink:title="SubscriptionWarrantsIndemnificationMember" />
    <link:label xlink:type="resource" xlink:label="label_SubscriptionWarrantsIndemnificationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SubscriptionWarrantsIndemnificationMember" xml:lang="en-US" id="label_SubscriptionWarrantsIndemnificationMember">Subscription warrants indemnification [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubscriptionWarrantsIndemnificationMember" xlink:to="label_SubscriptionWarrantsIndemnificationMember" xlink:title="Label : SubscriptionWarrantsIndemnificationMember to label_SubscriptionWarrantsIndemnificationMember" />
    <link:label xlink:type="resource" xlink:label="label_SubscriptionWarrantsIndemnificationMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_SubscriptionWarrantsIndemnificationMember_1" xml:lang="en-US" id="label_SubscriptionWarrantsIndemnificationMember_1">Subscription warrants - indemnification [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubscriptionWarrantsIndemnificationMember" xlink:to="label_SubscriptionWarrantsIndemnificationMember_1" xlink:title="Label : SubscriptionWarrantsIndemnificationMember to label_SubscriptionWarrantsIndemnificationMember_1" />
    <link:label xlink:type="resource" xlink:label="label_SubscriptionWarrantsIndemnificationMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_SubscriptionWarrantsIndemnificationMember_2" xml:lang="en-US" id="label_SubscriptionWarrantsIndemnificationMember_2">This member stands for the information pertaining to subscription warrants indemnification.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubscriptionWarrantsIndemnificationMember" xlink:to="label_SubscriptionWarrantsIndemnificationMember_2" xlink:title="Label : SubscriptionWarrantsIndemnificationMember to label_SubscriptionWarrantsIndemnificationMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_CategoryOfFinancialAssetsAndLiabilities" xlink:label="CategoryOfFinancialAssetsAndLiabilities" xlink:title="CategoryOfFinancialAssetsAndLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_CategoryOfFinancialAssetsAndLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_CategoryOfFinancialAssetsAndLiabilities" xml:lang="en-US" id="label_CategoryOfFinancialAssetsAndLiabilities">The description of category of financial assets and liabilities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CategoryOfFinancialAssetsAndLiabilities" xlink:to="label_CategoryOfFinancialAssetsAndLiabilities" xlink:title="Label : CategoryOfFinancialAssetsAndLiabilities to label_CategoryOfFinancialAssetsAndLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_CategoryOfFinancialAssetsAndLiabilities_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CategoryOfFinancialAssetsAndLiabilities_1" xml:lang="en-US" id="label_CategoryOfFinancialAssetsAndLiabilities_1">Category</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CategoryOfFinancialAssetsAndLiabilities" xlink:to="label_CategoryOfFinancialAssetsAndLiabilities_1" xlink:title="Label : CategoryOfFinancialAssetsAndLiabilities to label_CategoryOfFinancialAssetsAndLiabilities_1" />
    <link:label xlink:type="resource" xlink:label="label_CategoryOfFinancialAssetsAndLiabilities_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CategoryOfFinancialAssetsAndLiabilities_2" xml:lang="en-US" id="label_CategoryOfFinancialAssetsAndLiabilities_2">Category of financial assets and liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CategoryOfFinancialAssetsAndLiabilities" xlink:to="label_CategoryOfFinancialAssetsAndLiabilities_2" xlink:title="Label : CategoryOfFinancialAssetsAndLiabilities to label_CategoryOfFinancialAssetsAndLiabilities_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_FinancialAssets" xlink:label="FinancialAssets" xlink:title="FinancialAssets" />
    <link:label xlink:type="resource" xlink:label="label_FinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FinancialAssets" xml:lang="en-US" id="label_FinancialAssets">Financial assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssets" xlink:to="label_FinancialAssets" xlink:title="Label : FinancialAssets to label_FinancialAssets" />
    <link:label xlink:type="resource" xlink:label="label_FinancialAssets_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_FinancialAssets_1" xml:lang="en-US" id="label_FinancialAssets_1">Financial assets, carrying value</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssets" xlink:to="label_FinancialAssets_1" xlink:title="Label : FinancialAssets to label_FinancialAssets_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_FinancialAssetsAtFairValue" xlink:label="FinancialAssetsAtFairValue" xlink:title="FinancialAssetsAtFairValue" />
    <link:label xlink:type="resource" xlink:label="label_FinancialAssetsAtFairValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FinancialAssetsAtFairValue" xml:lang="en-US" id="label_FinancialAssetsAtFairValue">Financial assets, at fair value</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAtFairValue" xlink:to="label_FinancialAssetsAtFairValue" xlink:title="Label : FinancialAssetsAtFairValue to label_FinancialAssetsAtFairValue" />
    <link:label xlink:type="resource" xlink:label="label_FinancialAssetsAtFairValue_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_FinancialAssetsAtFairValue_1" xml:lang="en-US" id="label_FinancialAssetsAtFairValue_1">Financial assets, fair value</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAtFairValue" xlink:to="label_FinancialAssetsAtFairValue_1" xlink:title="Label : FinancialAssetsAtFairValue to label_FinancialAssetsAtFairValue_1" />
    <link:label xlink:type="resource" xlink:label="label_FinancialAssetsAtFairValue_2" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xlink:title="label_FinancialAssetsAtFairValue_2" xml:lang="en-US" id="label_FinancialAssetsAtFairValue_2">Financial assets, fair value</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAtFairValue" xlink:to="label_FinancialAssetsAtFairValue_2" xlink:title="Label : FinancialAssetsAtFairValue to label_FinancialAssetsAtFairValue_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_FinancialLiabilities" xlink:label="FinancialLiabilities" xlink:title="FinancialLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_FinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FinancialLiabilities" xml:lang="en-US" id="label_FinancialLiabilities">Financial liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialLiabilities" xlink:to="label_FinancialLiabilities" xlink:title="Label : FinancialLiabilities to label_FinancialLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_FinancialLiabilities_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_FinancialLiabilities_1" xml:lang="en-US" id="label_FinancialLiabilities_1">Financial liabilities, carrying value</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialLiabilities" xlink:to="label_FinancialLiabilities_1" xlink:title="Label : FinancialLiabilities to label_FinancialLiabilities_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_FinancialLiabilitiesAtFairValue" xlink:label="FinancialLiabilitiesAtFairValue" xlink:title="FinancialLiabilitiesAtFairValue" />
    <link:label xlink:type="resource" xlink:label="label_FinancialLiabilitiesAtFairValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FinancialLiabilitiesAtFairValue" xml:lang="en-US" id="label_FinancialLiabilitiesAtFairValue">Financial liabilities, at fair value</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialLiabilitiesAtFairValue" xlink:to="label_FinancialLiabilitiesAtFairValue" xlink:title="Label : FinancialLiabilitiesAtFairValue to label_FinancialLiabilitiesAtFairValue" />
    <link:label xlink:type="resource" xlink:label="label_FinancialLiabilitiesAtFairValue_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_FinancialLiabilitiesAtFairValue_1" xml:lang="en-US" id="label_FinancialLiabilitiesAtFairValue_1">Financial liabilities, fair value</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialLiabilitiesAtFairValue" xlink:to="label_FinancialLiabilitiesAtFairValue_1" xlink:title="Label : FinancialLiabilitiesAtFairValue to label_FinancialLiabilitiesAtFairValue_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:label="LevelsOfFairValueHierarchyAxis" xlink:title="LevelsOfFairValueHierarchyAxis" />
    <link:label xlink:type="resource" xlink:label="label_LevelsOfFairValueHierarchyAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LevelsOfFairValueHierarchyAxis" xml:lang="en-US" id="label_LevelsOfFairValueHierarchyAxis">Levels of fair value hierarchy [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LevelsOfFairValueHierarchyAxis" xlink:to="label_LevelsOfFairValueHierarchyAxis" xlink:title="Label : LevelsOfFairValueHierarchyAxis to label_LevelsOfFairValueHierarchyAxis" />
    <link:label xlink:type="resource" xlink:label="label_LevelsOfFairValueHierarchyAxis_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LevelsOfFairValueHierarchyAxis_1" xml:lang="en-US" id="label_LevelsOfFairValueHierarchyAxis_1">Levels of fair value hierarchy [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LevelsOfFairValueHierarchyAxis" xlink:to="label_LevelsOfFairValueHierarchyAxis_1" xlink:title="Label : LevelsOfFairValueHierarchyAxis to label_LevelsOfFairValueHierarchyAxis_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AllLevelsOfFairValueHierarchyMember" xlink:label="AllLevelsOfFairValueHierarchyMember" xlink:title="AllLevelsOfFairValueHierarchyMember" />
    <link:label xlink:type="resource" xlink:label="label_AllLevelsOfFairValueHierarchyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AllLevelsOfFairValueHierarchyMember" xml:lang="en-US" id="label_AllLevelsOfFairValueHierarchyMember">All levels of fair value hierarchy [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllLevelsOfFairValueHierarchyMember" xlink:to="label_AllLevelsOfFairValueHierarchyMember" xlink:title="Label : AllLevelsOfFairValueHierarchyMember to label_AllLevelsOfFairValueHierarchyMember" />
    <link:label xlink:type="resource" xlink:label="label_AllLevelsOfFairValueHierarchyMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AllLevelsOfFairValueHierarchyMember_1" xml:lang="en-US" id="label_AllLevelsOfFairValueHierarchyMember_1">All levels of fair value hierarchy [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllLevelsOfFairValueHierarchyMember" xlink:to="label_AllLevelsOfFairValueHierarchyMember_1" xlink:title="Label : AllLevelsOfFairValueHierarchyMember to label_AllLevelsOfFairValueHierarchyMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_Level1OfFairValueHierarchyMember" xlink:label="Level1OfFairValueHierarchyMember" xlink:title="Level1OfFairValueHierarchyMember" />
    <link:label xlink:type="resource" xlink:label="label_Level1OfFairValueHierarchyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_Level1OfFairValueHierarchyMember" xml:lang="en-US" id="label_Level1OfFairValueHierarchyMember">Level 1 of fair value hierarchy [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Level1OfFairValueHierarchyMember" xlink:to="label_Level1OfFairValueHierarchyMember" xlink:title="Label : Level1OfFairValueHierarchyMember to label_Level1OfFairValueHierarchyMember" />
    <link:label xlink:type="resource" xlink:label="label_Level1OfFairValueHierarchyMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_Level1OfFairValueHierarchyMember_1" xml:lang="en-US" id="label_Level1OfFairValueHierarchyMember_1">Level 1 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Level1OfFairValueHierarchyMember" xlink:to="label_Level1OfFairValueHierarchyMember_1" xlink:title="Label : Level1OfFairValueHierarchyMember to label_Level1OfFairValueHierarchyMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_Level2OfFairValueHierarchyMember" xlink:label="Level2OfFairValueHierarchyMember" xlink:title="Level2OfFairValueHierarchyMember" />
    <link:label xlink:type="resource" xlink:label="label_Level2OfFairValueHierarchyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_Level2OfFairValueHierarchyMember" xml:lang="en-US" id="label_Level2OfFairValueHierarchyMember">Level 2 of fair value hierarchy [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Level2OfFairValueHierarchyMember" xlink:to="label_Level2OfFairValueHierarchyMember" xlink:title="Label : Level2OfFairValueHierarchyMember to label_Level2OfFairValueHierarchyMember" />
    <link:label xlink:type="resource" xlink:label="label_Level2OfFairValueHierarchyMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_Level2OfFairValueHierarchyMember_1" xml:lang="en-US" id="label_Level2OfFairValueHierarchyMember_1">Level 2 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Level2OfFairValueHierarchyMember" xlink:to="label_Level2OfFairValueHierarchyMember_1" xlink:title="Label : Level2OfFairValueHierarchyMember to label_Level2OfFairValueHierarchyMember_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_CurrencySwapsReceivableInUSDollarsAbstract" xlink:label="CurrencySwapsReceivableInUSDollarsAbstract" xlink:title="CurrencySwapsReceivableInUSDollarsAbstract" />
    <link:label xlink:type="resource" xlink:label="label_CurrencySwapsReceivableInUSDollarsAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_CurrencySwapsReceivableInUSDollarsAbstract" xml:lang="en-US" id="label_CurrencySwapsReceivableInUSDollarsAbstract">Currency swaps receivable in us dollars.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrencySwapsReceivableInUSDollarsAbstract" xlink:to="label_CurrencySwapsReceivableInUSDollarsAbstract" xlink:title="Label : CurrencySwapsReceivableInUSDollarsAbstract to label_CurrencySwapsReceivableInUSDollarsAbstract" />
    <link:label xlink:type="resource" xlink:label="label_CurrencySwapsReceivableInUSDollarsAbstract_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CurrencySwapsReceivableInUSDollarsAbstract_1" xml:lang="en-US" id="label_CurrencySwapsReceivableInUSDollarsAbstract_1">Currency swaps receivable in U.S. dollars</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrencySwapsReceivableInUSDollarsAbstract" xlink:to="label_CurrencySwapsReceivableInUSDollarsAbstract_1" xlink:title="Label : CurrencySwapsReceivableInUSDollarsAbstract to label_CurrencySwapsReceivableInUSDollarsAbstract_1" />
    <link:label xlink:type="resource" xlink:label="label_CurrencySwapsReceivableInUSDollarsAbstract_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurrencySwapsReceivableInUSDollarsAbstract_2" xml:lang="en-US" id="label_CurrencySwapsReceivableInUSDollarsAbstract_2">Currency Swaps Receivable in U S Dollars [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrencySwapsReceivableInUSDollarsAbstract" xlink:to="label_CurrencySwapsReceivableInUSDollarsAbstract_2" xlink:title="Label : CurrencySwapsReceivableInUSDollarsAbstract to label_CurrencySwapsReceivableInUSDollarsAbstract_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_USDollarToRealSwaps" xlink:label="USDollarToRealSwaps" xlink:title="USDollarToRealSwaps" />
    <link:label xlink:type="resource" xlink:label="label_USDollarToRealSwaps" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_USDollarToRealSwaps" xml:lang="en-US" id="label_USDollarToRealSwaps">U S Dollar to Real Swaps</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="USDollarToRealSwaps" xlink:to="label_USDollarToRealSwaps" xlink:title="Label : USDollarToRealSwaps to label_USDollarToRealSwaps" />
    <link:label xlink:type="resource" xlink:label="label_USDollarToRealSwaps_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_USDollarToRealSwaps_1" xml:lang="en-US" id="label_USDollarToRealSwaps_1">U.S. Dollar / Real swaps</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="USDollarToRealSwaps" xlink:to="label_USDollarToRealSwaps_1" xlink:title="Label : USDollarToRealSwaps to label_USDollarToRealSwaps_1" />
    <link:label xlink:type="resource" xlink:label="label_USDollarToRealSwaps_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_USDollarToRealSwaps_2" xml:lang="en-US" id="label_USDollarToRealSwaps_2">The amount of currency swaps receivable from U.S. Dollar/ Real swaps.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="USDollarToRealSwaps" xlink:to="label_USDollarToRealSwaps_2" xlink:title="Label : USDollarToRealSwaps to label_USDollarToRealSwaps_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DebtsFirmCommitmentsInDollars" xlink:label="DebtsFirmCommitmentsInDollars" xlink:title="DebtsFirmCommitmentsInDollars" />
    <link:label xlink:type="resource" xlink:label="label_DebtsFirmCommitmentsInDollars" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DebtsFirmCommitmentsInDollars" xml:lang="en-US" id="label_DebtsFirmCommitmentsInDollars">Debts firm commitments in dollars</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebtsFirmCommitmentsInDollars" xlink:to="label_DebtsFirmCommitmentsInDollars" xlink:title="Label : DebtsFirmCommitmentsInDollars to label_DebtsFirmCommitmentsInDollars" />
    <link:label xlink:type="resource" xlink:label="label_DebtsFirmCommitmentsInDollars_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_DebtsFirmCommitmentsInDollars_1" xml:lang="en-US" id="label_DebtsFirmCommitmentsInDollars_1">Debts / firm commitments in dollars</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebtsFirmCommitmentsInDollars" xlink:to="label_DebtsFirmCommitmentsInDollars_1" xlink:title="Label : DebtsFirmCommitmentsInDollars to label_DebtsFirmCommitmentsInDollars_1" />
    <link:label xlink:type="resource" xlink:label="label_DebtsFirmCommitmentsInDollars_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DebtsFirmCommitmentsInDollars_2" xml:lang="en-US" id="label_DebtsFirmCommitmentsInDollars_2">The amount of Debts / firm commitments in dollars.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebtsFirmCommitmentsInDollars" xlink:to="label_DebtsFirmCommitmentsInDollars_2" xlink:title="Label : DebtsFirmCommitmentsInDollars to label_DebtsFirmCommitmentsInDollars_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_USDollarToRealSwapsNetEffect" xlink:label="USDollarToRealSwapsNetEffect" xlink:title="USDollarToRealSwapsNetEffect" />
    <link:label xlink:type="resource" xlink:label="label_USDollarToRealSwapsNetEffect" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_USDollarToRealSwapsNetEffect" xml:lang="en-US" id="label_USDollarToRealSwapsNetEffect">U S Dollar to Real Swaps Net Effect</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="USDollarToRealSwapsNetEffect" xlink:to="label_USDollarToRealSwapsNetEffect" xlink:title="Label : USDollarToRealSwapsNetEffect to label_USDollarToRealSwapsNetEffect" />
    <link:label xlink:type="resource" xlink:label="label_USDollarToRealSwapsNetEffect_1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_USDollarToRealSwapsNetEffect_1" xml:lang="en-US" id="label_USDollarToRealSwapsNetEffect_1">Net effect</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="USDollarToRealSwapsNetEffect" xlink:to="label_USDollarToRealSwapsNetEffect_1" xlink:title="Label : USDollarToRealSwapsNetEffect to label_USDollarToRealSwapsNetEffect_1" />
    <link:label xlink:type="resource" xlink:label="label_USDollarToRealSwapsNetEffect_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_USDollarToRealSwapsNetEffect_2" xml:lang="en-US" id="label_USDollarToRealSwapsNetEffect_2">The amount of currency swaps receivable from U.S. Dollar to Real swaps net effect.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="USDollarToRealSwapsNetEffect" xlink:to="label_USDollarToRealSwapsNetEffect_2" xlink:title="Label : USDollarToRealSwapsNetEffect to label_USDollarToRealSwapsNetEffect_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_CurrencySwapsPayableInUSDollarsAbstract" xlink:label="CurrencySwapsPayableInUSDollarsAbstract" xlink:title="CurrencySwapsPayableInUSDollarsAbstract" />
    <link:label xlink:type="resource" xlink:label="label_CurrencySwapsPayableInUSDollarsAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_CurrencySwapsPayableInUSDollarsAbstract" xml:lang="en-US" id="label_CurrencySwapsPayableInUSDollarsAbstract">Currency swaps payable in us dollars.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrencySwapsPayableInUSDollarsAbstract" xlink:to="label_CurrencySwapsPayableInUSDollarsAbstract" xlink:title="Label : CurrencySwapsPayableInUSDollarsAbstract to label_CurrencySwapsPayableInUSDollarsAbstract" />
    <link:label xlink:type="resource" xlink:label="label_CurrencySwapsPayableInUSDollarsAbstract_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CurrencySwapsPayableInUSDollarsAbstract_1" xml:lang="en-US" id="label_CurrencySwapsPayableInUSDollarsAbstract_1">Currency swaps payable in U.S. dollars</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrencySwapsPayableInUSDollarsAbstract" xlink:to="label_CurrencySwapsPayableInUSDollarsAbstract_1" xlink:title="Label : CurrencySwapsPayableInUSDollarsAbstract to label_CurrencySwapsPayableInUSDollarsAbstract_1" />
    <link:label xlink:type="resource" xlink:label="label_CurrencySwapsPayableInUSDollarsAbstract_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurrencySwapsPayableInUSDollarsAbstract_2" xml:lang="en-US" id="label_CurrencySwapsPayableInUSDollarsAbstract_2">Currency Swaps Payable in U S Dollars [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrencySwapsPayableInUSDollarsAbstract" xlink:to="label_CurrencySwapsPayableInUSDollarsAbstract_2" xlink:title="Label : CurrencySwapsPayableInUSDollarsAbstract to label_CurrencySwapsPayableInUSDollarsAbstract_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_RealToUsDollarSwaps" xlink:label="RealToUsDollarSwaps" xlink:title="RealToUsDollarSwaps" />
    <link:label xlink:type="resource" xlink:label="label_RealToUsDollarSwaps" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_RealToUsDollarSwaps" xml:lang="en-US" id="label_RealToUsDollarSwaps">The amount of currency swaps payable from Real / U.S. Dollar swaps.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RealToUsDollarSwaps" xlink:to="label_RealToUsDollarSwaps" xlink:title="Label : RealToUsDollarSwaps to label_RealToUsDollarSwaps" />
    <link:label xlink:type="resource" xlink:label="label_RealToUsDollarSwaps_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_RealToUsDollarSwaps_1" xml:lang="en-US" id="label_RealToUsDollarSwaps_1">Real / U.S. Dollar swaps</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RealToUsDollarSwaps" xlink:to="label_RealToUsDollarSwaps_1" xlink:title="Label : RealToUsDollarSwaps to label_RealToUsDollarSwaps_1" />
    <link:label xlink:type="resource" xlink:label="label_RealToUsDollarSwaps_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RealToUsDollarSwaps_2" xml:lang="en-US" id="label_RealToUsDollarSwaps_2">Real to us dollar swaps</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RealToUsDollarSwaps" xlink:to="label_RealToUsDollarSwaps_2" xlink:title="Label : RealToUsDollarSwaps to label_RealToUsDollarSwaps_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_GrossMarginOfOxitenoIpirangaSwapPayable" xlink:label="GrossMarginOfOxitenoIpirangaSwapPayable" xlink:title="GrossMarginOfOxitenoIpirangaSwapPayable" />
    <link:label xlink:type="resource" xlink:label="label_GrossMarginOfOxitenoIpirangaSwapPayable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_GrossMarginOfOxitenoIpirangaSwapPayable" xml:lang="en-US" id="label_GrossMarginOfOxitenoIpirangaSwapPayable">The amount of gross margin of Oxiteno and Ipiranga related to currency swap payable.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossMarginOfOxitenoIpirangaSwapPayable" xlink:to="label_GrossMarginOfOxitenoIpirangaSwapPayable" xlink:title="Label : GrossMarginOfOxitenoIpirangaSwapPayable to label_GrossMarginOfOxitenoIpirangaSwapPayable" />
    <link:label xlink:type="resource" xlink:label="label_GrossMarginOfOxitenoIpirangaSwapPayable_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GrossMarginOfOxitenoIpirangaSwapPayable_1" xml:lang="en-US" id="label_GrossMarginOfOxitenoIpirangaSwapPayable_1">Gross Margin of Oxiteno Ipiranga Swap Payable</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossMarginOfOxitenoIpirangaSwapPayable" xlink:to="label_GrossMarginOfOxitenoIpirangaSwapPayable_1" xlink:title="Label : GrossMarginOfOxitenoIpirangaSwapPayable to label_GrossMarginOfOxitenoIpirangaSwapPayable_1" />
    <link:label xlink:type="resource" xlink:label="label_GrossMarginOfOxitenoIpirangaSwapPayable_2" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_GrossMarginOfOxitenoIpirangaSwapPayable_2" xml:lang="en-US" id="label_GrossMarginOfOxitenoIpirangaSwapPayable_2">Gross margin of Oxiteno/Ipiranga</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossMarginOfOxitenoIpirangaSwapPayable" xlink:to="label_GrossMarginOfOxitenoIpirangaSwapPayable_2" xlink:title="Label : GrossMarginOfOxitenoIpirangaSwapPayable to label_GrossMarginOfOxitenoIpirangaSwapPayable_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_RealToUsDollarSwapsNetEffect" xlink:label="RealToUsDollarSwapsNetEffect" xlink:title="RealToUsDollarSwapsNetEffect" />
    <link:label xlink:type="resource" xlink:label="label_RealToUsDollarSwapsNetEffect" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_RealToUsDollarSwapsNetEffect" xml:lang="en-US" id="label_RealToUsDollarSwapsNetEffect">The amount of currency swaps payable from Real to US Dollar swaps net effect.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RealToUsDollarSwapsNetEffect" xlink:to="label_RealToUsDollarSwapsNetEffect" xlink:title="Label : RealToUsDollarSwapsNetEffect to label_RealToUsDollarSwapsNetEffect" />
    <link:label xlink:type="resource" xlink:label="label_RealToUsDollarSwapsNetEffect_1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_RealToUsDollarSwapsNetEffect_1" xml:lang="en-US" id="label_RealToUsDollarSwapsNetEffect_1">Net effect</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RealToUsDollarSwapsNetEffect" xlink:to="label_RealToUsDollarSwapsNetEffect_1" xlink:title="Label : RealToUsDollarSwapsNetEffect to label_RealToUsDollarSwapsNetEffect_1" />
    <link:label xlink:type="resource" xlink:label="label_RealToUsDollarSwapsNetEffect_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RealToUsDollarSwapsNetEffect_2" xml:lang="en-US" id="label_RealToUsDollarSwapsNetEffect_2">Real to us dollar swaps net effect</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RealToUsDollarSwapsNetEffect" xlink:to="label_RealToUsDollarSwapsNetEffect_2" xlink:title="Label : RealToUsDollarSwapsNetEffect to label_RealToUsDollarSwapsNetEffect_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_InterestRateSwapInBrazilianReaisDebenturesCRAAbstract" xlink:label="InterestRateSwapInBrazilianReaisDebenturesCRAAbstract" xlink:title="InterestRateSwapInBrazilianReaisDebenturesCRAAbstract" />
    <link:label xlink:type="resource" xlink:label="label_InterestRateSwapInBrazilianReaisDebenturesCRAAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_InterestRateSwapInBrazilianReaisDebenturesCRAAbstract" xml:lang="en-US" id="label_InterestRateSwapInBrazilianReaisDebenturesCRAAbstract">Interest Rate Swap in Brazilian Reais Debentures C R A [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestRateSwapInBrazilianReaisDebenturesCRAAbstract" xlink:to="label_InterestRateSwapInBrazilianReaisDebenturesCRAAbstract" xlink:title="Label : InterestRateSwapInBrazilianReaisDebenturesCRAAbstract to label_InterestRateSwapInBrazilianReaisDebenturesCRAAbstract" />
    <link:label xlink:type="resource" xlink:label="label_InterestRateSwapInBrazilianReaisDebenturesCRAAbstract_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_InterestRateSwapInBrazilianReaisDebenturesCRAAbstract_1" xml:lang="en-US" id="label_InterestRateSwapInBrazilianReaisDebenturesCRAAbstract_1">Interest rate swap in brazilian reais debentures cra.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestRateSwapInBrazilianReaisDebenturesCRAAbstract" xlink:to="label_InterestRateSwapInBrazilianReaisDebenturesCRAAbstract_1" xlink:title="Label : InterestRateSwapInBrazilianReaisDebenturesCRAAbstract to label_InterestRateSwapInBrazilianReaisDebenturesCRAAbstract_1" />
    <link:label xlink:type="resource" xlink:label="label_InterestRateSwapInBrazilianReaisDebenturesCRAAbstract_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_InterestRateSwapInBrazilianReaisDebenturesCRAAbstract_2" xml:lang="en-US" id="label_InterestRateSwapInBrazilianReaisDebenturesCRAAbstract_2">Interest rate swap (Real) - Debentures - CRA</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestRateSwapInBrazilianReaisDebenturesCRAAbstract" xlink:to="label_InterestRateSwapInBrazilianReaisDebenturesCRAAbstract_2" xlink:title="Label : InterestRateSwapInBrazilianReaisDebenturesCRAAbstract to label_InterestRateSwapInBrazilianReaisDebenturesCRAAbstract_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_FixedRateSwapDI" xlink:label="FixedRateSwapDI" xlink:title="FixedRateSwapDI" />
    <link:label xlink:type="resource" xlink:label="label_FixedRateSwapDI" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_FixedRateSwapDI" xml:lang="en-US" id="label_FixedRateSwapDI">The amount of fixed rate swap of DI related to interest rate swap.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FixedRateSwapDI" xlink:to="label_FixedRateSwapDI" xlink:title="Label : FixedRateSwapDI to label_FixedRateSwapDI" />
    <link:label xlink:type="resource" xlink:label="label_FixedRateSwapDI_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_FixedRateSwapDI_1" xml:lang="en-US" id="label_FixedRateSwapDI_1">Fixed rate swap - DI</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FixedRateSwapDI" xlink:to="label_FixedRateSwapDI_1" xlink:title="Label : FixedRateSwapDI to label_FixedRateSwapDI_1" />
    <link:label xlink:type="resource" xlink:label="label_FixedRateSwapDI_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FixedRateSwapDI_2" xml:lang="en-US" id="label_FixedRateSwapDI_2">Fixed Rate Swap D I</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FixedRateSwapDI" xlink:to="label_FixedRateSwapDI_2" xlink:title="Label : FixedRateSwapDI to label_FixedRateSwapDI_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_FixedRateDebt" xlink:label="FixedRateDebt" xlink:title="FixedRateDebt" />
    <link:label xlink:type="resource" xlink:label="label_FixedRateDebt" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_FixedRateDebt" xml:lang="en-US" id="label_FixedRateDebt">The amount of fixed rate debt related to interest rate swap.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FixedRateDebt" xlink:to="label_FixedRateDebt" xlink:title="Label : FixedRateDebt to label_FixedRateDebt" />
    <link:label xlink:type="resource" xlink:label="label_FixedRateDebt_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_FixedRateDebt_1" xml:lang="en-US" id="label_FixedRateDebt_1">Fixed rate debt</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FixedRateDebt" xlink:to="label_FixedRateDebt_1" xlink:title="Label : FixedRateDebt to label_FixedRateDebt_1" />
    <link:label xlink:type="resource" xlink:label="label_FixedRateDebt_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FixedRateDebt_2" xml:lang="en-US" id="label_FixedRateDebt_2">Fixed rate debt</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FixedRateDebt" xlink:to="label_FixedRateDebt_2" xlink:title="Label : FixedRateDebt to label_FixedRateDebt_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_FixedRateSwapNetEffect" xlink:label="FixedRateSwapNetEffect" xlink:title="FixedRateSwapNetEffect" />
    <link:label xlink:type="resource" xlink:label="label_FixedRateSwapNetEffect" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_FixedRateSwapNetEffect" xml:lang="en-US" id="label_FixedRateSwapNetEffect">The amount of fixed rate swap net effect related to interest rate swap.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FixedRateSwapNetEffect" xlink:to="label_FixedRateSwapNetEffect" xlink:title="Label : FixedRateSwapNetEffect to label_FixedRateSwapNetEffect" />
    <link:label xlink:type="resource" xlink:label="label_FixedRateSwapNetEffect_1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_FixedRateSwapNetEffect_1" xml:lang="en-US" id="label_FixedRateSwapNetEffect_1">Net effect</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FixedRateSwapNetEffect" xlink:to="label_FixedRateSwapNetEffect_1" xlink:title="Label : FixedRateSwapNetEffect to label_FixedRateSwapNetEffect_1" />
    <link:label xlink:type="resource" xlink:label="label_FixedRateSwapNetEffect_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FixedRateSwapNetEffect_2" xml:lang="en-US" id="label_FixedRateSwapNetEffect_2">Fixed rate swap net effect</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FixedRateSwapNetEffect" xlink:to="label_FixedRateSwapNetEffect_2" xlink:title="Label : FixedRateSwapNetEffect to label_FixedRateSwapNetEffect_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_CommitmentsTable" xlink:label="CommitmentsTable" xlink:title="CommitmentsTable" />
    <link:label xlink:type="resource" xlink:label="label_CommitmentsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CommitmentsTable" xml:lang="en-US" id="label_CommitmentsTable">Commitments [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommitmentsTable" xlink:to="label_CommitmentsTable" xlink:title="Label : CommitmentsTable to label_CommitmentsTable" />
    <link:label xlink:type="resource" xlink:label="label_CommitmentsTable_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CommitmentsTable_1" xml:lang="en-US" id="label_CommitmentsTable_1">Commitments [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommitmentsTable" xlink:to="label_CommitmentsTable_1" xlink:title="Label : CommitmentsTable to label_CommitmentsTable_1" />
    <link:label xlink:type="resource" xlink:label="label_CommitmentsTable_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_CommitmentsTable_2" xml:lang="en-US" id="label_CommitmentsTable_2">Commitments [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommitmentsTable" xlink:to="label_CommitmentsTable_2" xlink:title="Label : CommitmentsTable to label_CommitmentsTable_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_TypesOfContractsAxis" xlink:label="TypesOfContractsAxis" xlink:title="TypesOfContractsAxis" />
    <link:label xlink:type="resource" xlink:label="label_TypesOfContractsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TypesOfContractsAxis" xml:lang="en-US" id="label_TypesOfContractsAxis">Types of contracts [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TypesOfContractsAxis" xlink:to="label_TypesOfContractsAxis" xlink:title="Label : TypesOfContractsAxis to label_TypesOfContractsAxis" />
    <link:label xlink:type="resource" xlink:label="label_TypesOfContractsAxis_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TypesOfContractsAxis_1" xml:lang="en-US" id="label_TypesOfContractsAxis_1">Types of contracts [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TypesOfContractsAxis" xlink:to="label_TypesOfContractsAxis_1" xlink:title="Label : TypesOfContractsAxis to label_TypesOfContractsAxis_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_TypesOfContractsMember" xlink:label="TypesOfContractsMember" xlink:title="TypesOfContractsMember" />
    <link:label xlink:type="resource" xlink:label="label_TypesOfContractsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TypesOfContractsMember" xml:lang="en-US" id="label_TypesOfContractsMember">Types of contracts [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TypesOfContractsMember" xlink:to="label_TypesOfContractsMember" xlink:title="Label : TypesOfContractsMember to label_TypesOfContractsMember" />
    <link:label xlink:type="resource" xlink:label="label_TypesOfContractsMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TypesOfContractsMember_1" xml:lang="en-US" id="label_TypesOfContractsMember_1">Types of contracts [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TypesOfContractsMember" xlink:to="label_TypesOfContractsMember_1" xlink:title="Label : TypesOfContractsMember to label_TypesOfContractsMember_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_CargoContractOneMember" xlink:label="CargoContractOneMember" xlink:title="CargoContractOneMember" />
    <link:label xlink:type="resource" xlink:label="label_CargoContractOneMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_CargoContractOneMember" xml:lang="en-US" id="label_CargoContractOneMember">This member stands for the information pertaining to cargo contract.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CargoContractOneMember" xlink:to="label_CargoContractOneMember" xlink:title="Label : CargoContractOneMember to label_CargoContractOneMember" />
    <link:label xlink:type="resource" xlink:label="label_CargoContractOneMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CargoContractOneMember_1" xml:lang="en-US" id="label_CargoContractOneMember_1">Cargo contract one [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CargoContractOneMember" xlink:to="label_CargoContractOneMember_1" xlink:title="Label : CargoContractOneMember to label_CargoContractOneMember_1" />
    <link:label xlink:type="resource" xlink:label="label_CargoContractOneMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CargoContractOneMember_2" xml:lang="en-US" id="label_CargoContractOneMember_2">Cargo contract one [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CargoContractOneMember" xlink:to="label_CargoContractOneMember_2" xlink:title="Label : CargoContractOneMember to label_CargoContractOneMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_CargoContractTwoMember" xlink:label="CargoContractTwoMember" xlink:title="CargoContractTwoMember" />
    <link:label xlink:type="resource" xlink:label="label_CargoContractTwoMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_CargoContractTwoMember" xml:lang="en-US" id="label_CargoContractTwoMember">This member stands for the information pertaining to cargo contract.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CargoContractTwoMember" xlink:to="label_CargoContractTwoMember" xlink:title="Label : CargoContractTwoMember to label_CargoContractTwoMember" />
    <link:label xlink:type="resource" xlink:label="label_CargoContractTwoMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CargoContractTwoMember_1" xml:lang="en-US" id="label_CargoContractTwoMember_1">Cargo contract two [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CargoContractTwoMember" xlink:to="label_CargoContractTwoMember_1" xlink:title="Label : CargoContractTwoMember to label_CargoContractTwoMember_1" />
    <link:label xlink:type="resource" xlink:label="label_CargoContractTwoMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CargoContractTwoMember_2" xml:lang="en-US" id="label_CargoContractTwoMember_2">Cargo contract two [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CargoContractTwoMember" xlink:to="label_CargoContractTwoMember_2" xlink:title="Label : CargoContractTwoMember to label_CargoContractTwoMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_CargoContractThreeMember" xlink:label="CargoContractThreeMember" xlink:title="CargoContractThreeMember" />
    <link:label xlink:type="resource" xlink:label="label_CargoContractThreeMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_CargoContractThreeMember" xml:lang="en-US" id="label_CargoContractThreeMember">This member stands for the information pertaining to cargo contract.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CargoContractThreeMember" xlink:to="label_CargoContractThreeMember" xlink:title="Label : CargoContractThreeMember to label_CargoContractThreeMember" />
    <link:label xlink:type="resource" xlink:label="label_CargoContractThreeMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CargoContractThreeMember_1" xml:lang="en-US" id="label_CargoContractThreeMember_1">Cargo contract three [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CargoContractThreeMember" xlink:to="label_CargoContractThreeMember_1" xlink:title="Label : CargoContractThreeMember to label_CargoContractThreeMember_1" />
    <link:label xlink:type="resource" xlink:label="label_CargoContractThreeMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CargoContractThreeMember_2" xml:lang="en-US" id="label_CargoContractThreeMember_2">Cargo contract three [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CargoContractThreeMember" xlink:to="label_CargoContractThreeMember_2" xlink:title="Label : CargoContractThreeMember to label_CargoContractThreeMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_CargoContractFourMember" xlink:label="CargoContractFourMember" xlink:title="CargoContractFourMember" />
    <link:label xlink:type="resource" xlink:label="label_CargoContractFourMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_CargoContractFourMember" xml:lang="en-US" id="label_CargoContractFourMember">This member stands for the information pertaining to cargo contract.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CargoContractFourMember" xlink:to="label_CargoContractFourMember" xlink:title="Label : CargoContractFourMember to label_CargoContractFourMember" />
    <link:label xlink:type="resource" xlink:label="label_CargoContractFourMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CargoContractFourMember_1" xml:lang="en-US" id="label_CargoContractFourMember_1">Cargo contract four [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CargoContractFourMember" xlink:to="label_CargoContractFourMember_1" xlink:title="Label : CargoContractFourMember to label_CargoContractFourMember_1" />
    <link:label xlink:type="resource" xlink:label="label_CargoContractFourMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CargoContractFourMember_2" xml:lang="en-US" id="label_CargoContractFourMember_2">Cargo contract four [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CargoContractFourMember" xlink:to="label_CargoContractFourMember_2" xlink:title="Label : CargoContractFourMember to label_CargoContractFourMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_CargoContractFiveMember" xlink:label="CargoContractFiveMember" xlink:title="CargoContractFiveMember" />
    <link:label xlink:type="resource" xlink:label="label_CargoContractFiveMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CargoContractFiveMember" xml:lang="en-US" id="label_CargoContractFiveMember">Cargo contract five [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CargoContractFiveMember" xlink:to="label_CargoContractFiveMember" xlink:title="Label : CargoContractFiveMember to label_CargoContractFiveMember" />
    <link:label xlink:type="resource" xlink:label="label_CargoContractFiveMember_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_CargoContractFiveMember_1" xml:lang="en-US" id="label_CargoContractFiveMember_1">This member stands for the information pertaining to cargo contract.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CargoContractFiveMember" xlink:to="label_CargoContractFiveMember_1" xlink:title="Label : CargoContractFiveMember to label_CargoContractFiveMember_1" />
    <link:label xlink:type="resource" xlink:label="label_CargoContractFiveMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CargoContractFiveMember_2" xml:lang="en-US" id="label_CargoContractFiveMember_2">Cargo contract five [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CargoContractFiveMember" xlink:to="label_CargoContractFiveMember_2" xlink:title="Label : CargoContractFiveMember to label_CargoContractFiveMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_SummaryOfContractCommitmentsLineItems" xlink:label="SummaryOfContractCommitmentsLineItems" xlink:title="SummaryOfContractCommitmentsLineItems" />
    <link:label xlink:type="resource" xlink:label="label_SummaryOfContractCommitmentsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SummaryOfContractCommitmentsLineItems" xml:lang="en-US" id="label_SummaryOfContractCommitmentsLineItems">Summary of contract commitments [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SummaryOfContractCommitmentsLineItems" xlink:to="label_SummaryOfContractCommitmentsLineItems" xlink:title="Label : SummaryOfContractCommitmentsLineItems to label_SummaryOfContractCommitmentsLineItems" />
    <link:label xlink:type="resource" xlink:label="label_SummaryOfContractCommitmentsLineItems_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_SummaryOfContractCommitmentsLineItems_1" xml:lang="en-US" id="label_SummaryOfContractCommitmentsLineItems_1">Summary of contract commitments [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SummaryOfContractCommitmentsLineItems" xlink:to="label_SummaryOfContractCommitmentsLineItems_1" xlink:title="Label : SummaryOfContractCommitmentsLineItems to label_SummaryOfContractCommitmentsLineItems_1" />
    <link:label xlink:type="resource" xlink:label="label_SummaryOfContractCommitmentsLineItems_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_SummaryOfContractCommitmentsLineItems_2" xml:lang="en-US" id="label_SummaryOfContractCommitmentsLineItems_2">Summary of contract commitments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SummaryOfContractCommitmentsLineItems" xlink:to="label_SummaryOfContractCommitmentsLineItems_2" xlink:title="Label : SummaryOfContractCommitmentsLineItems to label_SummaryOfContractCommitmentsLineItems_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_CargoPort" xlink:label="CargoPort" xlink:title="CargoPort" />
    <link:label xlink:type="resource" xlink:label="label_CargoPort" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_CargoPort" xml:lang="en-US" id="label_CargoPort">The description of cargo port.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CargoPort" xlink:to="label_CargoPort" xlink:title="Label : CargoPort to label_CargoPort" />
    <link:label xlink:type="resource" xlink:label="label_CargoPort_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CargoPort_1" xml:lang="en-US" id="label_CargoPort_1">Port</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CargoPort" xlink:to="label_CargoPort_1" xlink:title="Label : CargoPort to label_CargoPort_1" />
    <link:label xlink:type="resource" xlink:label="label_CargoPort_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CargoPort_2" xml:lang="en-US" id="label_CargoPort_2">Cargo port</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CargoPort" xlink:to="label_CargoPort_2" xlink:title="Label : CargoPort to label_CargoPort_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_MinimumCargoMovementPerYear" xlink:label="MinimumCargoMovementPerYear" xlink:title="MinimumCargoMovementPerYear" />
    <link:label xlink:type="resource" xlink:label="label_MinimumCargoMovementPerYear" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_MinimumCargoMovementPerYear" xml:lang="en-US" id="label_MinimumCargoMovementPerYear">The description of minimum cargo movement commitment in tons per years.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MinimumCargoMovementPerYear" xlink:to="label_MinimumCargoMovementPerYear" xlink:title="Label : MinimumCargoMovementPerYear to label_MinimumCargoMovementPerYear" />
    <link:label xlink:type="resource" xlink:label="label_MinimumCargoMovementPerYear_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_MinimumCargoMovementPerYear_1" xml:lang="en-US" id="label_MinimumCargoMovementPerYear_1">Minimum movement in tons per years</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MinimumCargoMovementPerYear" xlink:to="label_MinimumCargoMovementPerYear_1" xlink:title="Label : MinimumCargoMovementPerYear to label_MinimumCargoMovementPerYear_1" />
    <link:label xlink:type="resource" xlink:label="label_MinimumCargoMovementPerYear_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MinimumCargoMovementPerYear_2" xml:lang="en-US" id="label_MinimumCargoMovementPerYear_2">Minimum cargo movement per year</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MinimumCargoMovementPerYear" xlink:to="label_MinimumCargoMovementPerYear_2" xlink:title="Label : MinimumCargoMovementPerYear to label_MinimumCargoMovementPerYear_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_CargoAgreementMaturity" xlink:label="CargoAgreementMaturity" xlink:title="CargoAgreementMaturity" />
    <link:label xlink:type="resource" xlink:label="label_CargoAgreementMaturity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CargoAgreementMaturity" xml:lang="en-US" id="label_CargoAgreementMaturity">Cargo Agreement Maturity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CargoAgreementMaturity" xlink:to="label_CargoAgreementMaturity" xlink:title="Label : CargoAgreementMaturity to label_CargoAgreementMaturity" />
    <link:label xlink:type="resource" xlink:label="label_CargoAgreementMaturity_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CargoAgreementMaturity_1" xml:lang="en-US" id="label_CargoAgreementMaturity_1">Maturity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CargoAgreementMaturity" xlink:to="label_CargoAgreementMaturity_1" xlink:title="Label : CargoAgreementMaturity to label_CargoAgreementMaturity_1" />
    <link:label xlink:type="resource" xlink:label="label_CargoAgreementMaturity_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_CargoAgreementMaturity_2" xml:lang="en-US" id="label_CargoAgreementMaturity_2">The description of operating lease maturity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CargoAgreementMaturity" xlink:to="label_CargoAgreementMaturity_2" xlink:title="Label : CargoAgreementMaturity to label_CargoAgreementMaturity_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DisclosureOfCommitmentsAndContingenciesTable" xlink:label="DisclosureOfCommitmentsAndContingenciesTable" xlink:title="DisclosureOfCommitmentsAndContingenciesTable" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfCommitmentsAndContingenciesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfCommitmentsAndContingenciesTable" xml:lang="en-US" id="label_DisclosureOfCommitmentsAndContingenciesTable">Disclosure Of Commitments And Contingencies [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfCommitmentsAndContingenciesTable" xlink:to="label_DisclosureOfCommitmentsAndContingenciesTable" xlink:title="Label : DisclosureOfCommitmentsAndContingenciesTable to label_DisclosureOfCommitmentsAndContingenciesTable" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfCommitmentsAndContingenciesTable_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DisclosureOfCommitmentsAndContingenciesTable_1" xml:lang="en-US" id="label_DisclosureOfCommitmentsAndContingenciesTable_1">Disclosure of commitments and contingencies [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfCommitmentsAndContingenciesTable" xlink:to="label_DisclosureOfCommitmentsAndContingenciesTable_1" xlink:title="Label : DisclosureOfCommitmentsAndContingenciesTable to label_DisclosureOfCommitmentsAndContingenciesTable_1" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfCommitmentsAndContingenciesTable_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DisclosureOfCommitmentsAndContingenciesTable_2" xml:lang="en-US" id="label_DisclosureOfCommitmentsAndContingenciesTable_2">Disclosure of commitments and contingencies.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfCommitmentsAndContingenciesTable" xlink:to="label_DisclosureOfCommitmentsAndContingenciesTable_2" xlink:title="Label : DisclosureOfCommitmentsAndContingenciesTable to label_DisclosureOfCommitmentsAndContingenciesTable_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ThirdPartiesMember" xlink:label="ThirdPartiesMember" xlink:title="ThirdPartiesMember" />
    <link:label xlink:type="resource" xlink:label="label_ThirdPartiesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ThirdPartiesMember" xml:lang="en-US" id="label_ThirdPartiesMember">This member stands for the information pertaining to third parties.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ThirdPartiesMember" xlink:to="label_ThirdPartiesMember" xlink:title="Label : ThirdPartiesMember to label_ThirdPartiesMember" />
    <link:label xlink:type="resource" xlink:label="label_ThirdPartiesMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ThirdPartiesMember_1" xml:lang="en-US" id="label_ThirdPartiesMember_1">Third parties [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ThirdPartiesMember" xlink:to="label_ThirdPartiesMember_1" xlink:title="Label : ThirdPartiesMember to label_ThirdPartiesMember_1" />
    <link:label xlink:type="resource" xlink:label="label_ThirdPartiesMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ThirdPartiesMember_2" xml:lang="en-US" id="label_ThirdPartiesMember_2">Third parties [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ThirdPartiesMember" xlink:to="label_ThirdPartiesMember_2" xlink:title="Label : ThirdPartiesMember to label_ThirdPartiesMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DirectorsAndOfficersMember" xlink:label="DirectorsAndOfficersMember" xlink:title="DirectorsAndOfficersMember" />
    <link:label xlink:type="resource" xlink:label="label_DirectorsAndOfficersMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DirectorsAndOfficersMember" xml:lang="en-US" id="label_DirectorsAndOfficersMember">This member stands for the information pertaining to directors and officers.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DirectorsAndOfficersMember" xlink:to="label_DirectorsAndOfficersMember" xlink:title="Label : DirectorsAndOfficersMember to label_DirectorsAndOfficersMember" />
    <link:label xlink:type="resource" xlink:label="label_DirectorsAndOfficersMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DirectorsAndOfficersMember_1" xml:lang="en-US" id="label_DirectorsAndOfficersMember_1">directors and executive officers (D&amp;O) [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DirectorsAndOfficersMember" xlink:to="label_DirectorsAndOfficersMember_1" xlink:title="Label : DirectorsAndOfficersMember to label_DirectorsAndOfficersMember_1" />
    <link:label xlink:type="resource" xlink:label="label_DirectorsAndOfficersMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DirectorsAndOfficersMember_2" xml:lang="en-US" id="label_DirectorsAndOfficersMember_2">Directors and Officers [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DirectorsAndOfficersMember" xlink:to="label_DirectorsAndOfficersMember_2" xlink:title="Label : DirectorsAndOfficersMember to label_DirectorsAndOfficersMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AratuMember" xlink:label="AratuMember" xlink:title="AratuMember" />
    <link:label xlink:type="resource" xlink:label="label_AratuMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AratuMember" xml:lang="en-US" id="label_AratuMember">This member stands for the information pertaining to Aratu.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AratuMember" xlink:to="label_AratuMember" xlink:title="Label : AratuMember to label_AratuMember" />
    <link:label xlink:type="resource" xlink:label="label_AratuMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AratuMember_1" xml:lang="en-US" id="label_AratuMember_1">Aratu [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AratuMember" xlink:to="label_AratuMember_1" xlink:title="Label : AratuMember to label_AratuMember_1" />
    <link:label xlink:type="resource" xlink:label="label_AratuMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AratuMember_2" xml:lang="en-US" id="label_AratuMember_2">Aratu [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AratuMember" xlink:to="label_AratuMember_2" xlink:title="Label : AratuMember to label_AratuMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_SuapeMember" xlink:label="SuapeMember" xlink:title="SuapeMember" />
    <link:label xlink:type="resource" xlink:label="label_SuapeMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_SuapeMember" xml:lang="en-US" id="label_SuapeMember">This member stands for the information pertaining to Suape.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SuapeMember" xlink:to="label_SuapeMember" xlink:title="Label : SuapeMember to label_SuapeMember" />
    <link:label xlink:type="resource" xlink:label="label_SuapeMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_SuapeMember_1" xml:lang="en-US" id="label_SuapeMember_1">Suape [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SuapeMember" xlink:to="label_SuapeMember_1" xlink:title="Label : SuapeMember to label_SuapeMember_1" />
    <link:label xlink:type="resource" xlink:label="label_SuapeMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SuapeMember_2" xml:lang="en-US" id="label_SuapeMember_2">Suape [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SuapeMember" xlink:to="label_SuapeMember_2" xlink:title="Label : SuapeMember to label_SuapeMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ItaquiMember" xlink:label="ItaquiMember" xlink:title="ItaquiMember" />
    <link:label xlink:type="resource" xlink:label="label_ItaquiMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ItaquiMember" xml:lang="en-US" id="label_ItaquiMember">Itaqui [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ItaquiMember" xlink:to="label_ItaquiMember" xlink:title="Label : ItaquiMember to label_ItaquiMember" />
    <link:label xlink:type="resource" xlink:label="label_ItaquiMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ItaquiMember_1" xml:lang="en-US" id="label_ItaquiMember_1">Itaqui [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ItaquiMember" xlink:to="label_ItaquiMember_1" xlink:title="Label : ItaquiMember to label_ItaquiMember_1" />
    <link:label xlink:type="resource" xlink:label="label_ItaquiMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ItaquiMember_2" xml:lang="en-US" id="label_ItaquiMember_2">This member stands for the information pertaining to Itaqui.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ItaquiMember" xlink:to="label_ItaquiMember_2" xlink:title="Label : ItaquiMember to label_ItaquiMember_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ServiceConcessionArrangementsAxis" xlink:label="ServiceConcessionArrangementsAxis" xlink:title="ServiceConcessionArrangementsAxis" />
    <link:label xlink:type="resource" xlink:label="label_ServiceConcessionArrangementsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ServiceConcessionArrangementsAxis" xml:lang="en-US" id="label_ServiceConcessionArrangementsAxis">Service concession arrangements [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ServiceConcessionArrangementsAxis" xlink:to="label_ServiceConcessionArrangementsAxis" xlink:title="Label : ServiceConcessionArrangementsAxis to label_ServiceConcessionArrangementsAxis" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ServiceConcessionArrangementsMember" xlink:label="ServiceConcessionArrangementsMember" xlink:title="ServiceConcessionArrangementsMember" />
    <link:label xlink:type="resource" xlink:label="label_ServiceConcessionArrangementsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ServiceConcessionArrangementsMember" xml:lang="en-US" id="label_ServiceConcessionArrangementsMember">Service concession arrangements [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ServiceConcessionArrangementsMember" xlink:to="label_ServiceConcessionArrangementsMember" xlink:title="Label : ServiceConcessionArrangementsMember to label_ServiceConcessionArrangementsMember" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AreaPortLeaseMember" xlink:label="AreaPortLeaseMember" xlink:title="AreaPortLeaseMember" />
    <link:label xlink:type="resource" xlink:label="label_AreaPortLeaseMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AreaPortLeaseMember" xml:lang="en-US" id="label_AreaPortLeaseMember">This member stands for the information pertaining to area port lease.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AreaPortLeaseMember" xlink:to="label_AreaPortLeaseMember" xlink:title="Label : AreaPortLeaseMember to label_AreaPortLeaseMember" />
    <link:label xlink:type="resource" xlink:label="label_AreaPortLeaseMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AreaPortLeaseMember_1" xml:lang="en-US" id="label_AreaPortLeaseMember_1">Area port lease [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AreaPortLeaseMember" xlink:to="label_AreaPortLeaseMember_1" xlink:title="Label : AreaPortLeaseMember to label_AreaPortLeaseMember_1" />
    <link:label xlink:type="resource" xlink:label="label_AreaPortLeaseMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AreaPortLeaseMember_2" xml:lang="en-US" id="label_AreaPortLeaseMember_2">Area Port Lease [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AreaPortLeaseMember" xlink:to="label_AreaPortLeaseMember_2" xlink:title="Label : AreaPortLeaseMember to label_AreaPortLeaseMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_IpirangaProdutosDepetroleoSaAndUltracargoMember" xlink:label="IpirangaProdutosDepetroleoSaAndUltracargoMember" xlink:title="IpirangaProdutosDepetroleoSaAndUltracargoMember" />
    <link:label xlink:type="resource" xlink:label="label_IpirangaProdutosDepetroleoSaAndUltracargoMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_IpirangaProdutosDepetroleoSaAndUltracargoMember" xml:lang="en-US" id="label_IpirangaProdutosDepetroleoSaAndUltracargoMember">This member stands for the information pertaining to Ipiranga Produtos de Petroleo S.A. (IPP) and Ultracargo.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IpirangaProdutosDepetroleoSaAndUltracargoMember" xlink:to="label_IpirangaProdutosDepetroleoSaAndUltracargoMember" xlink:title="Label : IpirangaProdutosDepetroleoSaAndUltracargoMember to label_IpirangaProdutosDepetroleoSaAndUltracargoMember" />
    <link:label xlink:type="resource" xlink:label="label_IpirangaProdutosDepetroleoSaAndUltracargoMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IpirangaProdutosDepetroleoSaAndUltracargoMember_1" xml:lang="en-US" id="label_IpirangaProdutosDepetroleoSaAndUltracargoMember_1">IPP and Ultracargo [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IpirangaProdutosDepetroleoSaAndUltracargoMember" xlink:to="label_IpirangaProdutosDepetroleoSaAndUltracargoMember_1" xlink:title="Label : IpirangaProdutosDepetroleoSaAndUltracargoMember to label_IpirangaProdutosDepetroleoSaAndUltracargoMember_1" />
    <link:label xlink:type="resource" xlink:label="label_IpirangaProdutosDepetroleoSaAndUltracargoMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IpirangaProdutosDepetroleoSaAndUltracargoMember_2" xml:lang="en-US" id="label_IpirangaProdutosDepetroleoSaAndUltracargoMember_2">Ipiranga Produtos DePetroleo SA And Ultracargo [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IpirangaProdutosDepetroleoSaAndUltracargoMember" xlink:to="label_IpirangaProdutosDepetroleoSaAndUltracargoMember_2" xlink:title="Label : IpirangaProdutosDepetroleoSaAndUltracargoMember to label_IpirangaProdutosDepetroleoSaAndUltracargoMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_EntitiesByLocationAxis" xlink:label="EntitiesByLocationAxis" xlink:title="EntitiesByLocationAxis" />
    <link:label xlink:type="resource" xlink:label="label_EntitiesByLocationAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EntitiesByLocationAxis" xml:lang="en-US" id="label_EntitiesByLocationAxis">Entities By Location [Axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntitiesByLocationAxis" xlink:to="label_EntitiesByLocationAxis" xlink:title="Label : EntitiesByLocationAxis to label_EntitiesByLocationAxis" />
    <link:label xlink:type="resource" xlink:label="label_EntitiesByLocationAxis_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_EntitiesByLocationAxis_1" xml:lang="en-US" id="label_EntitiesByLocationAxis_1">Entity by Location [Axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntitiesByLocationAxis" xlink:to="label_EntitiesByLocationAxis_1" xlink:title="Label : EntitiesByLocationAxis to label_EntitiesByLocationAxis_1" />
    <link:label xlink:type="resource" xlink:label="label_EntitiesByLocationAxis_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_EntitiesByLocationAxis_2" xml:lang="en-US" id="label_EntitiesByLocationAxis_2">Entities By Location [Axis].</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntitiesByLocationAxis" xlink:to="label_EntitiesByLocationAxis_2" xlink:title="Label : EntitiesByLocationAxis to label_EntitiesByLocationAxis_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_EntitiesByLocationDomain" xlink:label="EntitiesByLocationDomain" xlink:title="EntitiesByLocationDomain" />
    <link:label xlink:type="resource" xlink:label="label_EntitiesByLocationDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EntitiesByLocationDomain" xml:lang="en-US" id="label_EntitiesByLocationDomain">Entities By Location [Domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntitiesByLocationDomain" xlink:to="label_EntitiesByLocationDomain" xlink:title="Label : EntitiesByLocationDomain to label_EntitiesByLocationDomain" />
    <link:label xlink:type="resource" xlink:label="label_EntitiesByLocationDomain_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_EntitiesByLocationDomain_1" xml:lang="en-US" id="label_EntitiesByLocationDomain_1">Location [Domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntitiesByLocationDomain" xlink:to="label_EntitiesByLocationDomain_1" xlink:title="Label : EntitiesByLocationDomain to label_EntitiesByLocationDomain_1" />
    <link:label xlink:type="resource" xlink:label="label_EntitiesByLocationDomain_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_EntitiesByLocationDomain_2" xml:lang="en-US" id="label_EntitiesByLocationDomain_2">Entities By Location [Domain].</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntitiesByLocationDomain" xlink:to="label_EntitiesByLocationDomain_2" xlink:title="Label : EntitiesByLocationDomain to label_EntitiesByLocationDomain_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ParaibaMember" xlink:label="ParaibaMember" xlink:title="ParaibaMember" />
    <link:label xlink:type="resource" xlink:label="label_ParaibaMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ParaibaMember" xml:lang="en-US" id="label_ParaibaMember">This member stands for the information pertaining to Paraiba.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ParaibaMember" xlink:to="label_ParaibaMember" xlink:title="Label : ParaibaMember to label_ParaibaMember" />
    <link:label xlink:type="resource" xlink:label="label_ParaibaMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ParaibaMember_1" xml:lang="en-US" id="label_ParaibaMember_1">Paraiba [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ParaibaMember" xlink:to="label_ParaibaMember_1" xlink:title="Label : ParaibaMember to label_ParaibaMember_1" />
    <link:label xlink:type="resource" xlink:label="label_ParaibaMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ParaibaMember_2" xml:lang="en-US" id="label_ParaibaMember_2">Paraiba [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ParaibaMember" xlink:to="label_ParaibaMember_2" xlink:title="Label : ParaibaMember to label_ParaibaMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_EspiritoSantoMember" xlink:label="EspiritoSantoMember" xlink:title="EspiritoSantoMember" />
    <link:label xlink:type="resource" xlink:label="label_EspiritoSantoMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_EspiritoSantoMember" xml:lang="en-US" id="label_EspiritoSantoMember">This member stands for the information pertaining to Espirito Santo.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EspiritoSantoMember" xlink:to="label_EspiritoSantoMember" xlink:title="Label : EspiritoSantoMember to label_EspiritoSantoMember" />
    <link:label xlink:type="resource" xlink:label="label_EspiritoSantoMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_EspiritoSantoMember_1" xml:lang="en-US" id="label_EspiritoSantoMember_1">Espirito Santo [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EspiritoSantoMember" xlink:to="label_EspiritoSantoMember_1" xlink:title="Label : EspiritoSantoMember to label_EspiritoSantoMember_1" />
    <link:label xlink:type="resource" xlink:label="label_EspiritoSantoMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EspiritoSantoMember_2" xml:lang="en-US" id="label_EspiritoSantoMember_2">Espirito Santo [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EspiritoSantoMember" xlink:to="label_EspiritoSantoMember_2" xlink:title="Label : EspiritoSantoMember to label_EspiritoSantoMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_TerminalAxis" xlink:label="TerminalAxis" xlink:title="TerminalAxis" />
    <link:label xlink:type="resource" xlink:label="label_TerminalAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TerminalAxis" xml:lang="en-US" id="label_TerminalAxis">Terminal [Axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TerminalAxis" xlink:to="label_TerminalAxis" xlink:title="Label : TerminalAxis to label_TerminalAxis" />
    <link:label xlink:type="resource" xlink:label="label_TerminalAxis_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TerminalAxis_1" xml:lang="en-US" id="label_TerminalAxis_1">Terminal [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TerminalAxis" xlink:to="label_TerminalAxis_1" xlink:title="Label : TerminalAxis to label_TerminalAxis_1" />
    <link:label xlink:type="resource" xlink:label="label_TerminalAxis_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_TerminalAxis_2" xml:lang="en-US" id="label_TerminalAxis_2">Terminal</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TerminalAxis" xlink:to="label_TerminalAxis_2" xlink:title="Label : TerminalAxis to label_TerminalAxis_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_Terminal1Member" xlink:label="Terminal1Member" xlink:title="Terminal1Member" />
    <link:label xlink:type="resource" xlink:label="label_Terminal1Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_Terminal1Member" xml:lang="en-US" id="label_Terminal1Member">Terminal 1 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Terminal1Member" xlink:to="label_Terminal1Member" xlink:title="Label : Terminal1Member to label_Terminal1Member" />
    <link:label xlink:type="resource" xlink:label="label_Terminal1Member_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_Terminal1Member_1" xml:lang="en-US" id="label_Terminal1Member_1">Terminal1 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Terminal1Member" xlink:to="label_Terminal1Member_1" xlink:title="Label : Terminal1Member to label_Terminal1Member_1" />
    <link:label xlink:type="resource" xlink:label="label_Terminal1Member_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_Terminal1Member_2" xml:lang="en-US" id="label_Terminal1Member_2">Terminal 1</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Terminal1Member" xlink:to="label_Terminal1Member_2" xlink:title="Label : Terminal1Member to label_Terminal1Member_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_PortOfCabedeloMember" xlink:label="PortOfCabedeloMember" xlink:title="PortOfCabedeloMember" />
    <link:label xlink:type="resource" xlink:label="label_PortOfCabedeloMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_PortOfCabedeloMember" xml:lang="en-US" id="label_PortOfCabedeloMember">This member stands for the information pertaining to Port of Cabedelo.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PortOfCabedeloMember" xlink:to="label_PortOfCabedeloMember" xlink:title="Label : PortOfCabedeloMember to label_PortOfCabedeloMember" />
    <link:label xlink:type="resource" xlink:label="label_PortOfCabedeloMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_PortOfCabedeloMember_1" xml:lang="en-US" id="label_PortOfCabedeloMember_1">Port of Cabedelo [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PortOfCabedeloMember" xlink:to="label_PortOfCabedeloMember_1" xlink:title="Label : PortOfCabedeloMember to label_PortOfCabedeloMember_1" />
    <link:label xlink:type="resource" xlink:label="label_PortOfCabedeloMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PortOfCabedeloMember_2" xml:lang="en-US" id="label_PortOfCabedeloMember_2">Port Of Cabedelo [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PortOfCabedeloMember" xlink:to="label_PortOfCabedeloMember_2" xlink:title="Label : PortOfCabedeloMember to label_PortOfCabedeloMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_PortOfVitoriaMember" xlink:label="PortOfVitoriaMember" xlink:title="PortOfVitoriaMember" />
    <link:label xlink:type="resource" xlink:label="label_PortOfVitoriaMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_PortOfVitoriaMember" xml:lang="en-US" id="label_PortOfVitoriaMember">This member stands for the information pertaining to Port of Vitoria.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PortOfVitoriaMember" xlink:to="label_PortOfVitoriaMember" xlink:title="Label : PortOfVitoriaMember to label_PortOfVitoriaMember" />
    <link:label xlink:type="resource" xlink:label="label_PortOfVitoriaMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_PortOfVitoriaMember_1" xml:lang="en-US" id="label_PortOfVitoriaMember_1">Port of Vitoria [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PortOfVitoriaMember" xlink:to="label_PortOfVitoriaMember_1" xlink:title="Label : PortOfVitoriaMember to label_PortOfVitoriaMember_1" />
    <link:label xlink:type="resource" xlink:label="label_PortOfVitoriaMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PortOfVitoriaMember_2" xml:lang="en-US" id="label_PortOfVitoriaMember_2">Port Of Vitoria [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PortOfVitoriaMember" xlink:to="label_PortOfVitoriaMember_2" xlink:title="Label : PortOfVitoriaMember to label_PortOfVitoriaMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AreaBel02AMember" xlink:label="AreaBel02AMember" xlink:title="AreaBel02AMember" />
    <link:label xlink:type="resource" xlink:label="label_AreaBel02AMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AreaBel02AMember" xml:lang="en-US" id="label_AreaBel02AMember">Area Bel 02 A [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AreaBel02AMember" xlink:to="label_AreaBel02AMember" xlink:title="Label : AreaBel02AMember to label_AreaBel02AMember" />
    <link:label xlink:type="resource" xlink:label="label_AreaBel02AMember_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AreaBel02AMember_1" xml:lang="en-US" id="label_AreaBel02AMember_1">This member stands for the information pertaining to Area BEL02 A.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AreaBel02AMember" xlink:to="label_AreaBel02AMember_1" xlink:title="Label : AreaBel02AMember to label_AreaBel02AMember_1" />
    <link:label xlink:type="resource" xlink:label="label_AreaBel02AMember_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AreaBel02AMember_2" xml:lang="en-US" id="label_AreaBel02AMember_2">Area BEL02A [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AreaBel02AMember" xlink:to="label_AreaBel02AMember_2" xlink:title="Label : AreaBel02AMember to label_AreaBel02AMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AreaBel04aMember" xlink:label="AreaBel04aMember" xlink:title="AreaBel04aMember" />
    <link:label xlink:type="resource" xlink:label="label_AreaBel04aMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AreaBel04aMember" xml:lang="en-US" id="label_AreaBel04aMember">Area Bel 04 a [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AreaBel04aMember" xlink:to="label_AreaBel04aMember" xlink:title="Label : AreaBel04aMember to label_AreaBel04aMember" />
    <link:label xlink:type="resource" xlink:label="label_AreaBel04aMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AreaBel04aMember_1" xml:lang="en-US" id="label_AreaBel04aMember_1">Area BEL04A [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AreaBel04aMember" xlink:to="label_AreaBel04aMember_1" xlink:title="Label : AreaBel04aMember to label_AreaBel04aMember_1" />
    <link:label xlink:type="resource" xlink:label="label_AreaBel04aMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AreaBel04aMember_2" xml:lang="en-US" id="label_AreaBel04aMember_2">This member stands for the information pertaining to Area BEL04A.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AreaBel04aMember" xlink:to="label_AreaBel04aMember_2" xlink:title="Label : AreaBel04aMember to label_AreaBel04aMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AreaVdc12Member" xlink:label="AreaVdc12Member" xlink:title="AreaVdc12Member" />
    <link:label xlink:type="resource" xlink:label="label_AreaVdc12Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AreaVdc12Member" xml:lang="en-US" id="label_AreaVdc12Member">This member stands for the information pertaining to Area VDC12.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AreaVdc12Member" xlink:to="label_AreaVdc12Member" xlink:title="Label : AreaVdc12Member to label_AreaVdc12Member" />
    <link:label xlink:type="resource" xlink:label="label_AreaVdc12Member_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AreaVdc12Member_1" xml:lang="en-US" id="label_AreaVdc12Member_1">Area VDC12 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AreaVdc12Member" xlink:to="label_AreaVdc12Member_1" xlink:title="Label : AreaVdc12Member to label_AreaVdc12Member_1" />
    <link:label xlink:type="resource" xlink:label="label_AreaVdc12Member_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AreaVdc12Member_2" xml:lang="en-US" id="label_AreaVdc12Member_2">Area VDC12 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AreaVdc12Member" xlink:to="label_AreaVdc12Member_2" xlink:title="Label : AreaVdc12Member to label_AreaVdc12Member_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DisclosureOfCommitmentsAndContingenciesLineItems" xlink:label="DisclosureOfCommitmentsAndContingenciesLineItems" xlink:title="DisclosureOfCommitmentsAndContingenciesLineItems" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfCommitmentsAndContingenciesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfCommitmentsAndContingenciesLineItems" xml:lang="en-US" id="label_DisclosureOfCommitmentsAndContingenciesLineItems">Disclosure of commitments and contingencies [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfCommitmentsAndContingenciesLineItems" xlink:to="label_DisclosureOfCommitmentsAndContingenciesLineItems" xlink:title="Label : DisclosureOfCommitmentsAndContingenciesLineItems to label_DisclosureOfCommitmentsAndContingenciesLineItems" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfCommitmentsAndContingenciesLineItems_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DisclosureOfCommitmentsAndContingenciesLineItems_1" xml:lang="en-US" id="label_DisclosureOfCommitmentsAndContingenciesLineItems_1">Disclosure of commitments and contingencies [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfCommitmentsAndContingenciesLineItems" xlink:to="label_DisclosureOfCommitmentsAndContingenciesLineItems_1" xlink:title="Label : DisclosureOfCommitmentsAndContingenciesLineItems to label_DisclosureOfCommitmentsAndContingenciesLineItems_1" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfCommitmentsAndContingenciesLineItems_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DisclosureOfCommitmentsAndContingenciesLineItems_2" xml:lang="en-US" id="label_DisclosureOfCommitmentsAndContingenciesLineItems_2">Disclosure of commitments and contingencies.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfCommitmentsAndContingenciesLineItems" xlink:to="label_DisclosureOfCommitmentsAndContingenciesLineItems_2" xlink:title="Label : DisclosureOfCommitmentsAndContingenciesLineItems to label_DisclosureOfCommitmentsAndContingenciesLineItems_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_CargoRatesPerTon" xlink:label="CargoRatesPerTon" xlink:title="CargoRatesPerTon" />
    <link:label xlink:type="resource" xlink:label="label_CargoRatesPerTon" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_CargoRatesPerTon" xml:lang="en-US" id="label_CargoRatesPerTon">The per ton amount of cargo rates.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CargoRatesPerTon" xlink:to="label_CargoRatesPerTon" xlink:title="Label : CargoRatesPerTon to label_CargoRatesPerTon" />
    <link:label xlink:type="resource" xlink:label="label_CargoRatesPerTon_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CargoRatesPerTon_1" xml:lang="en-US" id="label_CargoRatesPerTon_1">Cargo rates per ton</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CargoRatesPerTon" xlink:to="label_CargoRatesPerTon_1" xlink:title="Label : CargoRatesPerTon to label_CargoRatesPerTon_1" />
    <link:label xlink:type="resource" xlink:label="label_CargoRatesPerTon_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CargoRatesPerTon_2" xml:lang="en-US" id="label_CargoRatesPerTon_2">Cargo rates per ton</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CargoRatesPerTon" xlink:to="label_CargoRatesPerTon_2" xlink:title="Label : CargoRatesPerTon to label_CargoRatesPerTon_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LiabilitiesArisingFromInsuranceContracts" xlink:label="LiabilitiesArisingFromInsuranceContracts" xlink:title="LiabilitiesArisingFromInsuranceContracts" />
    <link:label xlink:type="resource" xlink:label="label_LiabilitiesArisingFromInsuranceContracts" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LiabilitiesArisingFromInsuranceContracts" xml:lang="en-US" id="label_LiabilitiesArisingFromInsuranceContracts">Liabilities under insurance contracts and reinsurance contracts issued</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesArisingFromInsuranceContracts" xlink:to="label_LiabilitiesArisingFromInsuranceContracts" xlink:title="Label : LiabilitiesArisingFromInsuranceContracts to label_LiabilitiesArisingFromInsuranceContracts" />
    <link:label xlink:type="resource" xlink:label="label_LiabilitiesArisingFromInsuranceContracts_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LiabilitiesArisingFromInsuranceContracts_1" xml:lang="en-US" id="label_LiabilitiesArisingFromInsuranceContracts_1">Liability insurance policies</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesArisingFromInsuranceContracts" xlink:to="label_LiabilitiesArisingFromInsuranceContracts_1" xlink:title="Label : LiabilitiesArisingFromInsuranceContracts to label_LiabilitiesArisingFromInsuranceContracts_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_PercentageOfConsortiumOwned" xlink:label="PercentageOfConsortiumOwned" xlink:title="PercentageOfConsortiumOwned" />
    <link:label xlink:type="resource" xlink:label="label_PercentageOfConsortiumOwned" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_PercentageOfConsortiumOwned" xml:lang="en-US" id="label_PercentageOfConsortiumOwned">The percentage of consortium owned.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfConsortiumOwned" xlink:to="label_PercentageOfConsortiumOwned" xlink:title="Label : PercentageOfConsortiumOwned to label_PercentageOfConsortiumOwned" />
    <link:label xlink:type="resource" xlink:label="label_PercentageOfConsortiumOwned_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_PercentageOfConsortiumOwned_1" xml:lang="en-US" id="label_PercentageOfConsortiumOwned_1">Percentage of consortium owned</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfConsortiumOwned" xlink:to="label_PercentageOfConsortiumOwned_1" xlink:title="Label : PercentageOfConsortiumOwned to label_PercentageOfConsortiumOwned_1" />
    <link:label xlink:type="resource" xlink:label="label_PercentageOfConsortiumOwned_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PercentageOfConsortiumOwned_2" xml:lang="en-US" id="label_PercentageOfConsortiumOwned_2">Percentage Of Consortium Owned</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfConsortiumOwned" xlink:to="label_PercentageOfConsortiumOwned_2" xlink:title="Label : PercentageOfConsortiumOwned to label_PercentageOfConsortiumOwned_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_MinimumPortStorageCapacity" xlink:label="MinimumPortStorageCapacity" xlink:title="MinimumPortStorageCapacity" />
    <link:label xlink:type="resource" xlink:label="label_MinimumPortStorageCapacity" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_MinimumPortStorageCapacity" xml:lang="en-US" id="label_MinimumPortStorageCapacity">The measurement of minimum port storage capacity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MinimumPortStorageCapacity" xlink:to="label_MinimumPortStorageCapacity" xlink:title="Label : MinimumPortStorageCapacity to label_MinimumPortStorageCapacity" />
    <link:label xlink:type="resource" xlink:label="label_MinimumPortStorageCapacity_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_MinimumPortStorageCapacity_1" xml:lang="en-US" id="label_MinimumPortStorageCapacity_1">Minimum port storage capacity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MinimumPortStorageCapacity" xlink:to="label_MinimumPortStorageCapacity_1" xlink:title="Label : MinimumPortStorageCapacity to label_MinimumPortStorageCapacity_1" />
    <link:label xlink:type="resource" xlink:label="label_MinimumPortStorageCapacity_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MinimumPortStorageCapacity_2" xml:lang="en-US" id="label_MinimumPortStorageCapacity_2">Minimum Port Storage Capacity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MinimumPortStorageCapacity" xlink:to="label_MinimumPortStorageCapacity_2" xlink:title="Label : MinimumPortStorageCapacity to label_MinimumPortStorageCapacity_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_PeriodOfConcession" xlink:label="PeriodOfConcession" xlink:title="PeriodOfConcession" />
    <link:label xlink:type="resource" xlink:label="label_PeriodOfConcession" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_PeriodOfConcession" xml:lang="en-US" id="label_PeriodOfConcession">The maturity period of concession contract.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PeriodOfConcession" xlink:to="label_PeriodOfConcession" xlink:title="Label : PeriodOfConcession to label_PeriodOfConcession" />
    <link:label xlink:type="resource" xlink:label="label_PeriodOfConcession_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_PeriodOfConcession_1" xml:lang="en-US" id="label_PeriodOfConcession_1">Term of concession</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PeriodOfConcession" xlink:to="label_PeriodOfConcession_1" xlink:title="Label : PeriodOfConcession to label_PeriodOfConcession_1" />
    <link:label xlink:type="resource" xlink:label="label_PeriodOfConcession_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PeriodOfConcession_2" xml:lang="en-US" id="label_PeriodOfConcession_2">Period Of Concession</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PeriodOfConcession" xlink:to="label_PeriodOfConcession_2" xlink:title="Label : PeriodOfConcession to label_PeriodOfConcession_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociates" xlink:label="InvestmentsInSubsidiariesJointVenturesAndAssociates" xlink:title="InvestmentsInSubsidiariesJointVenturesAndAssociates" />
    <link:label xlink:type="resource" xlink:label="label_InvestmentsInSubsidiariesJointVenturesAndAssociates" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_InvestmentsInSubsidiariesJointVenturesAndAssociates" xml:lang="en-US" id="label_InvestmentsInSubsidiariesJointVenturesAndAssociates">Investments in subsidiaries, joint ventures and associates</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentsInSubsidiariesJointVenturesAndAssociates" xlink:to="label_InvestmentsInSubsidiariesJointVenturesAndAssociates" xlink:title="Label : InvestmentsInSubsidiariesJointVenturesAndAssociates to label_InvestmentsInSubsidiariesJointVenturesAndAssociates" />
    <link:label xlink:type="resource" xlink:label="label_InvestmentsInSubsidiariesJointVenturesAndAssociates_1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_InvestmentsInSubsidiariesJointVenturesAndAssociates_1" xml:lang="en-US" id="label_InvestmentsInSubsidiariesJointVenturesAndAssociates_1">Total investments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentsInSubsidiariesJointVenturesAndAssociates" xlink:to="label_InvestmentsInSubsidiariesJointVenturesAndAssociates_1" xlink:title="Label : InvestmentsInSubsidiariesJointVenturesAndAssociates to label_InvestmentsInSubsidiariesJointVenturesAndAssociates_1" />
    <link:label xlink:type="resource" xlink:label="label_InvestmentsInSubsidiariesJointVenturesAndAssociates_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_InvestmentsInSubsidiariesJointVenturesAndAssociates_2" xml:lang="en-US" id="label_InvestmentsInSubsidiariesJointVenturesAndAssociates_2">Investments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentsInSubsidiariesJointVenturesAndAssociates" xlink:to="label_InvestmentsInSubsidiariesJointVenturesAndAssociates_2" xlink:title="Label : InvestmentsInSubsidiariesJointVenturesAndAssociates to label_InvestmentsInSubsidiariesJointVenturesAndAssociates_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DescriptionOfPortConcessions" xlink:label="DescriptionOfPortConcessions" xlink:title="DescriptionOfPortConcessions" />
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfPortConcessions" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DescriptionOfPortConcessions" xml:lang="en-US" id="label_DescriptionOfPortConcessions">The description of port concessions in operating lease.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfPortConcessions" xlink:to="label_DescriptionOfPortConcessions" xlink:title="Label : DescriptionOfPortConcessions to label_DescriptionOfPortConcessions" />
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfPortConcessions_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DescriptionOfPortConcessions_1" xml:lang="en-US" id="label_DescriptionOfPortConcessions_1">Port concessions description</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfPortConcessions" xlink:to="label_DescriptionOfPortConcessions_1" xlink:title="Label : DescriptionOfPortConcessions to label_DescriptionOfPortConcessions_1" />
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfPortConcessions_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DescriptionOfPortConcessions_2" xml:lang="en-US" id="label_DescriptionOfPortConcessions_2">Description Of Port Concessions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfPortConcessions" xlink:to="label_DescriptionOfPortConcessions_2" xlink:title="Label : DescriptionOfPortConcessions to label_DescriptionOfPortConcessions_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_PeriodOfPortConcession" xlink:label="PeriodOfPortConcession" xlink:title="PeriodOfPortConcession" />
    <link:label xlink:type="resource" xlink:label="label_PeriodOfPortConcession" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_PeriodOfPortConcession" xml:lang="en-US" id="label_PeriodOfPortConcession">Period of port concession.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PeriodOfPortConcession" xlink:to="label_PeriodOfPortConcession" xlink:title="Label : PeriodOfPortConcession to label_PeriodOfPortConcession" />
    <link:label xlink:type="resource" xlink:label="label_PeriodOfPortConcession_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_PeriodOfPortConcession_1" xml:lang="en-US" id="label_PeriodOfPortConcession_1">Number of periods that Port areas will be operated</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PeriodOfPortConcession" xlink:to="label_PeriodOfPortConcession_1" xlink:title="Label : PeriodOfPortConcession to label_PeriodOfPortConcession_1" />
    <link:label xlink:type="resource" xlink:label="label_PeriodOfPortConcession_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PeriodOfPortConcession_2" xml:lang="en-US" id="label_PeriodOfPortConcession_2">Period Of Port Concession</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PeriodOfPortConcession" xlink:to="label_PeriodOfPortConcession_2" xlink:title="Label : PeriodOfPortConcession to label_PeriodOfPortConcession_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_EstimatedInvestmentsToPortConcessions" xlink:label="EstimatedInvestmentsToPortConcessions" xlink:title="EstimatedInvestmentsToPortConcessions" />
    <link:label xlink:type="resource" xlink:label="label_EstimatedInvestmentsToPortConcessions" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_EstimatedInvestmentsToPortConcessions" xml:lang="en-US" id="label_EstimatedInvestmentsToPortConcessions">The amount of estimated investments to port concessions.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EstimatedInvestmentsToPortConcessions" xlink:to="label_EstimatedInvestmentsToPortConcessions" xlink:title="Label : EstimatedInvestmentsToPortConcessions to label_EstimatedInvestmentsToPortConcessions" />
    <link:label xlink:type="resource" xlink:label="label_EstimatedInvestmentsToPortConcessions_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_EstimatedInvestmentsToPortConcessions_1" xml:lang="en-US" id="label_EstimatedInvestmentsToPortConcessions_1">Estimated investments to port concessions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EstimatedInvestmentsToPortConcessions" xlink:to="label_EstimatedInvestmentsToPortConcessions_1" xlink:title="Label : EstimatedInvestmentsToPortConcessions to label_EstimatedInvestmentsToPortConcessions_1" />
    <link:label xlink:type="resource" xlink:label="label_EstimatedInvestmentsToPortConcessions_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EstimatedInvestmentsToPortConcessions_2" xml:lang="en-US" id="label_EstimatedInvestmentsToPortConcessions_2">Estimated Investments To Port Concessions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EstimatedInvestmentsToPortConcessions" xlink:to="label_EstimatedInvestmentsToPortConcessions_2" xlink:title="Label : EstimatedInvestmentsToPortConcessions to label_EstimatedInvestmentsToPortConcessions_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IncomeArisingFromInsuranceContracts" xlink:label="IncomeArisingFromInsuranceContracts" xlink:title="IncomeArisingFromInsuranceContracts" />
    <link:label xlink:type="resource" xlink:label="label_IncomeArisingFromInsuranceContracts" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncomeArisingFromInsuranceContracts" xml:lang="en-US" id="label_IncomeArisingFromInsuranceContracts">Income arising from insurance contracts</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeArisingFromInsuranceContracts" xlink:to="label_IncomeArisingFromInsuranceContracts" xlink:title="Label : IncomeArisingFromInsuranceContracts to label_IncomeArisingFromInsuranceContracts" />
    <link:label xlink:type="resource" xlink:label="label_IncomeArisingFromInsuranceContracts_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IncomeArisingFromInsuranceContracts_1" xml:lang="en-US" id="label_IncomeArisingFromInsuranceContracts_1">Maximum compensation value</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeArisingFromInsuranceContracts" xlink:to="label_IncomeArisingFromInsuranceContracts_1" xlink:title="Label : IncomeArisingFromInsuranceContracts to label_IncomeArisingFromInsuranceContracts_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_MinimumAnnualPurchaseOfCamacari" xlink:label="MinimumAnnualPurchaseOfCamacari" xlink:title="MinimumAnnualPurchaseOfCamacari" />
    <link:label xlink:type="resource" xlink:label="label_MinimumAnnualPurchaseOfCamacari" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_MinimumAnnualPurchaseOfCamacari" xml:lang="en-US" id="label_MinimumAnnualPurchaseOfCamacari">The amount of minimum annual purchase commitment per year of Camacari.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MinimumAnnualPurchaseOfCamacari" xlink:to="label_MinimumAnnualPurchaseOfCamacari" xlink:title="Label : MinimumAnnualPurchaseOfCamacari to label_MinimumAnnualPurchaseOfCamacari" />
    <link:label xlink:type="resource" xlink:label="label_MinimumAnnualPurchaseOfCamacari_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MinimumAnnualPurchaseOfCamacari_1" xml:lang="en-US" id="label_MinimumAnnualPurchaseOfCamacari_1">Minimum Annual Purchase Of Camacari</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MinimumAnnualPurchaseOfCamacari" xlink:to="label_MinimumAnnualPurchaseOfCamacari_1" xlink:title="Label : MinimumAnnualPurchaseOfCamacari to label_MinimumAnnualPurchaseOfCamacari_1" />
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    <link:label xlink:type="resource" xlink:label="label_MinimumAnnualPurchaseOfMaua" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_MinimumAnnualPurchaseOfMaua" xml:lang="en-US" id="label_MinimumAnnualPurchaseOfMaua">The amount of minimum annual purchase commitment per year of Maua.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MinimumAnnualPurchaseOfMaua" xlink:to="label_MinimumAnnualPurchaseOfMaua" xlink:title="Label : MinimumAnnualPurchaseOfMaua to label_MinimumAnnualPurchaseOfMaua" />
    <link:label xlink:type="resource" xlink:label="label_MinimumAnnualPurchaseOfMaua_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MinimumAnnualPurchaseOfMaua_1" xml:lang="en-US" id="label_MinimumAnnualPurchaseOfMaua_1">Minimum Annual Purchase Of Maua</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MinimumAnnualPurchaseOfMaua" xlink:to="label_MinimumAnnualPurchaseOfMaua_1" xlink:title="Label : MinimumAnnualPurchaseOfMaua to label_MinimumAnnualPurchaseOfMaua_1" />
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    <link:label xlink:type="resource" xlink:label="label_PeriodOfMaturityOfCommitmentOfCamacari" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_PeriodOfMaturityOfCommitmentOfCamacari" xml:lang="en-US" id="label_PeriodOfMaturityOfCommitmentOfCamacari">The description of commitment maturity of Camacari.</link:label>
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    <link:label xlink:type="resource" xlink:label="label_PeriodOfMaturityOfCommitmentOfCamacari_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_PeriodOfMaturityOfCommitmentOfCamacari_1" xml:lang="en-US" id="label_PeriodOfMaturityOfCommitmentOfCamacari_1">Maturity of Commitment of Camacari</link:label>
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    <link:label xlink:type="resource" xlink:label="label_PeriodOfMaturityOfCommitmentOfCamacari_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PeriodOfMaturityOfCommitmentOfCamacari_2" xml:lang="en-US" id="label_PeriodOfMaturityOfCommitmentOfCamacari_2">Period of Maturity of Commitment of Camacari</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PeriodOfMaturityOfCommitmentOfCamacari" xlink:to="label_PeriodOfMaturityOfCommitmentOfCamacari_2" xlink:title="Label : PeriodOfMaturityOfCommitmentOfCamacari to label_PeriodOfMaturityOfCommitmentOfCamacari_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_PeriodOfMaturityOfCommitmentOfMaua" xlink:label="PeriodOfMaturityOfCommitmentOfMaua" xlink:title="PeriodOfMaturityOfCommitmentOfMaua" />
    <link:label xlink:type="resource" xlink:label="label_PeriodOfMaturityOfCommitmentOfMaua" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_PeriodOfMaturityOfCommitmentOfMaua" xml:lang="en-US" id="label_PeriodOfMaturityOfCommitmentOfMaua">The description of commitment maturity of Maua.</link:label>
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    <link:label xlink:type="resource" xlink:label="label_PeriodOfMaturityOfCommitmentOfMaua_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_PeriodOfMaturityOfCommitmentOfMaua_1" xml:lang="en-US" id="label_PeriodOfMaturityOfCommitmentOfMaua_1">Maturity of Commitment of Maua</link:label>
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    <link:label xlink:type="resource" xlink:label="label_PeriodOfMaturityOfCommitmentOfMaua_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PeriodOfMaturityOfCommitmentOfMaua_2" xml:lang="en-US" id="label_PeriodOfMaturityOfCommitmentOfMaua_2">Period of Maturity of Commitment of Maua</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PeriodOfMaturityOfCommitmentOfMaua" xlink:to="label_PeriodOfMaturityOfCommitmentOfMaua_2" xlink:title="Label : PeriodOfMaturityOfCommitmentOfMaua to label_PeriodOfMaturityOfCommitmentOfMaua_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DebenturesSecondIssueMember" xlink:label="DebenturesSecondIssueMember" xlink:title="DebenturesSecondIssueMember" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebenturesSecondIssueMember" xlink:to="label_DebenturesSecondIssueMember" xlink:title="Label : DebenturesSecondIssueMember to label_DebenturesSecondIssueMember" />
    <link:label xlink:type="resource" xlink:label="label_DebenturesSecondIssueMember_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DebenturesSecondIssueMember_1" xml:lang="en-US" id="label_DebenturesSecondIssueMember_1">This member stands for information pertaining to second issue of debentures.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebenturesSecondIssueMember" xlink:to="label_DebenturesSecondIssueMember_1" xlink:title="Label : DebenturesSecondIssueMember to label_DebenturesSecondIssueMember_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_EstimatedInvestmentsDisbursementPeriod" xlink:label="EstimatedInvestmentsDisbursementPeriod" xlink:title="EstimatedInvestmentsDisbursementPeriod" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EstimatedInvestmentsDisbursementPeriod" xlink:to="label_EstimatedInvestmentsDisbursementPeriod" xlink:title="Label : EstimatedInvestmentsDisbursementPeriod to label_EstimatedInvestmentsDisbursementPeriod" />
    <link:label xlink:type="resource" xlink:label="label_EstimatedInvestmentsDisbursementPeriod_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_EstimatedInvestmentsDisbursementPeriod_1" xml:lang="en-US" id="label_EstimatedInvestmentsDisbursementPeriod_1">The maturity period of estimated investments to be disbursed.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EstimatedInvestmentsDisbursementPeriod" xlink:to="label_EstimatedInvestmentsDisbursementPeriod_1" xlink:title="Label : EstimatedInvestmentsDisbursementPeriod to label_EstimatedInvestmentsDisbursementPeriod_1" />
    <link:label xlink:type="resource" xlink:label="label_EstimatedInvestmentsDisbursementPeriod_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_EstimatedInvestmentsDisbursementPeriod_2" xml:lang="en-US" id="label_EstimatedInvestmentsDisbursementPeriod_2">Estimated investments, disbursement period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EstimatedInvestmentsDisbursementPeriod" xlink:to="label_EstimatedInvestmentsDisbursementPeriod_2" xlink:title="Label : EstimatedInvestmentsDisbursementPeriod to label_EstimatedInvestmentsDisbursementPeriod_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_BalanceOfForeignExchangeHedgingInstrumentsDesignatedAsNetInvestmentsHedgeInForeignEntities" xlink:label="BalanceOfForeignExchangeHedgingInstrumentsDesignatedAsNetInvestmentsHedgeInForeignEntities" xlink:title="BalanceOfForeignExchangeHedgingInstrumentsDesignatedAsNetInvestmentsHedgeInForeignEntities" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BalanceOfForeignExchangeHedgingInstrumentsDesignatedAsNetInvestmentsHedgeInForeignEntities" xlink:to="label_BalanceOfForeignExchangeHedgingInstrumentsDesignatedAsNetInvestmentsHedgeInForeignEntities" xlink:title="Label : BalanceOfForeignExchangeHedgingInstrumentsDesignatedAsNetInvestmentsHedgeInForeignEntities to label_BalanceOfForeignExchangeHedgingInstrumentsDesignatedAsNetInvestmentsHedgeInForeignEntities" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BalanceOfForeignExchangeHedgingInstrumentsDesignatedAsNetInvestmentsHedgeInForeignEntities" xlink:to="label_BalanceOfForeignExchangeHedgingInstrumentsDesignatedAsNetInvestmentsHedgeInForeignEntities_1" xlink:title="Label : BalanceOfForeignExchangeHedgingInstrumentsDesignatedAsNetInvestmentsHedgeInForeignEntities to label_BalanceOfForeignExchangeHedgingInstrumentsDesignatedAsNetInvestmentsHedgeInForeignEntities_1" />
    <link:label xlink:type="resource" xlink:label="label_BalanceOfForeignExchangeHedgingInstrumentsDesignatedAsNetInvestmentsHedgeInForeignEntities_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_BalanceOfForeignExchangeHedgingInstrumentsDesignatedAsNetInvestmentsHedgeInForeignEntities_2" xml:lang="en-US" id="label_BalanceOfForeignExchangeHedgingInstrumentsDesignatedAsNetInvestmentsHedgeInForeignEntities_2">Balance of foreign exchange hedging instruments designated as net investments hedge in foreign entities</link:label>
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    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_MaturityOfForeignExchangeHedgingInstruments" xlink:label="MaturityOfForeignExchangeHedgingInstruments" xlink:title="MaturityOfForeignExchangeHedgingInstruments" />
    <link:label xlink:type="resource" xlink:label="label_MaturityOfForeignExchangeHedgingInstruments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MaturityOfForeignExchangeHedgingInstruments" xml:lang="en-US" id="label_MaturityOfForeignExchangeHedgingInstruments">Maturity Of Foreign Exchange Hedging Instruments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaturityOfForeignExchangeHedgingInstruments" xlink:to="label_MaturityOfForeignExchangeHedgingInstruments" xlink:title="Label : MaturityOfForeignExchangeHedgingInstruments to label_MaturityOfForeignExchangeHedgingInstruments" />
    <link:label xlink:type="resource" xlink:label="label_MaturityOfForeignExchangeHedgingInstruments_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_MaturityOfForeignExchangeHedgingInstruments_1" xml:lang="en-US" id="label_MaturityOfForeignExchangeHedgingInstruments_1">Maturity of foreign exchange hedging instruments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaturityOfForeignExchangeHedgingInstruments" xlink:to="label_MaturityOfForeignExchangeHedgingInstruments_1" xlink:title="Label : MaturityOfForeignExchangeHedgingInstruments to label_MaturityOfForeignExchangeHedgingInstruments_1" />
    <link:label xlink:type="resource" xlink:label="label_MaturityOfForeignExchangeHedgingInstruments_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_MaturityOfForeignExchangeHedgingInstruments_2" xml:lang="en-US" id="label_MaturityOfForeignExchangeHedgingInstruments_2">Maturity of foreign exchange hedging instruments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaturityOfForeignExchangeHedgingInstruments" xlink:to="label_MaturityOfForeignExchangeHedgingInstruments_2" xlink:title="Label : MaturityOfForeignExchangeHedgingInstruments to label_MaturityOfForeignExchangeHedgingInstruments_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_GrantDateApril72021Member" xlink:label="GrantDateApril72021Member" xlink:title="GrantDateApril72021Member" />
    <link:label xlink:type="resource" xlink:label="label_GrantDateApril72021Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_GrantDateApril72021Member" xml:lang="en-US" id="label_GrantDateApril72021Member">April 7, 2021 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrantDateApril72021Member" xlink:to="label_GrantDateApril72021Member" xlink:title="Label : GrantDateApril72021Member to label_GrantDateApril72021Member" />
    <link:label xlink:type="resource" xlink:label="label_GrantDateApril72021Member_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GrantDateApril72021Member_1" xml:lang="en-US" id="label_GrantDateApril72021Member_1">Grant Date April 7 2021 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrantDateApril72021Member" xlink:to="label_GrantDateApril72021Member_1" xlink:title="Label : GrantDateApril72021Member to label_GrantDateApril72021Member_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_GrantDateSeptember222021Member" xlink:label="GrantDateSeptember222021Member" xlink:title="GrantDateSeptember222021Member" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrantDateSeptember222021Member" xlink:to="label_GrantDateSeptember222021Member" xlink:title="Label : GrantDateSeptember222021Member to label_GrantDateSeptember222021Member" />
    <link:label xlink:type="resource" xlink:label="label_GrantDateSeptember222021Member_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_GrantDateSeptember222021Member_1" xml:lang="en-US" id="label_GrantDateSeptember222021Member_1">This member stands for the information pertaining to Grant date, September 22, 2021.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrantDateSeptember222021Member" xlink:to="label_GrantDateSeptember222021Member_1" xlink:title="Label : GrantDateSeptember222021Member to label_GrantDateSeptember222021Member_1" />
    <link:label xlink:type="resource" xlink:label="label_GrantDateApril72021Member_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_GrantDateApril72021Member_2" xml:lang="en-US" id="label_GrantDateApril72021Member_2">This member stands for the information pertaining to Grant date April 7, 2021.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrantDateApril72021Member" xlink:to="label_GrantDateApril72021Member_2" xlink:title="Label : GrantDateApril72021Member to label_GrantDateApril72021Member_2" />
    <link:label xlink:type="resource" xlink:label="label_GrantDateSeptember222021Member_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GrantDateSeptember222021Member_2" xml:lang="en-US" id="label_GrantDateSeptember222021Member_2">Grant Date September 22 2021 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrantDateSeptember222021Member" xlink:to="label_GrantDateSeptember222021Member_2" xlink:title="Label : GrantDateSeptember222021Member to label_GrantDateSeptember222021Member_2" />
    <link:label xlink:type="resource" xlink:label="label_UltracargoLogisticaSAMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_UltracargoLogisticaSAMember_2" xml:lang="en-US" id="label_UltracargoLogisticaSAMember_2">This member stands for the information pertaining to Ultracargo Log&#xED;stica S.A..</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UltracargoLogisticaSAMember" xlink:to="label_UltracargoLogisticaSAMember_2" xlink:title="Label : UltracargoLogisticaSAMember to label_UltracargoLogisticaSAMember_2" />
    <link:label xlink:type="resource" xlink:label="label_GrantDateOctober12017Member_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_GrantDateOctober12017Member_2" xml:lang="en-US" id="label_GrantDateOctober12017Member_2">Grant Date, October 1, 2017 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrantDateOctober12017Member" xlink:to="label_GrantDateOctober12017Member_2" xlink:title="Label : GrantDateOctober12017Member to label_GrantDateOctober12017Member_2" />
    <link:label xlink:type="resource" xlink:label="label_GrantDateNovember82017Member_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GrantDateNovember82017Member_2" xml:lang="en-US" id="label_GrantDateNovember82017Member_2">Grant Date November 8, 2017 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrantDateNovember82017Member" xlink:to="label_GrantDateNovember82017Member_2" xlink:title="Label : GrantDateNovember82017Member to label_GrantDateNovember82017Member_2" />
    <link:label xlink:type="resource" xlink:label="label_GrantDateApril42018Member_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_GrantDateApril42018Member_2" xml:lang="en-US" id="label_GrantDateApril42018Member_2">This member stands for the information pertaining to Grant date April 4, 2018.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrantDateApril42018Member" xlink:to="label_GrantDateApril42018Member_2" xlink:title="Label : GrantDateApril42018Member to label_GrantDateApril42018Member_2" />
    <link:label xlink:type="resource" xlink:label="label_GrantDateSeptember192018Member_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_GrantDateSeptember192018Member_2" xml:lang="en-US" id="label_GrantDateSeptember192018Member_2">This member stands for the information pertaining to Grant date September 19, 2018.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrantDateSeptember192018Member" xlink:to="label_GrantDateSeptember192018Member_2" xlink:title="Label : GrantDateSeptember192018Member to label_GrantDateSeptember192018Member_2" />
    <link:label xlink:type="resource" xlink:label="label_GrantDateSeptember242018Member_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_GrantDateSeptember242018Member_2" xml:lang="en-US" id="label_GrantDateSeptember242018Member_2">This member stands for the information pertaining to Grant date September 24, 2018.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrantDateSeptember242018Member" xlink:to="label_GrantDateSeptember242018Member_2" xlink:title="Label : GrantDateSeptember242018Member to label_GrantDateSeptember242018Member_2" />
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    <link:label xlink:type="resource" xlink:label="label_GrantDateApril12020Member_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_GrantDateApril12020Member_2" xml:lang="en-US" id="label_GrantDateApril12020Member_2">This member stands for the information pertaining to Grant date April 1, 2020.</link:label>
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    <link:label xlink:type="resource" xlink:label="label_GrantDateApril72021Member_3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_GrantDateApril72021Member_3" xml:lang="en-US" id="label_GrantDateApril72021Member_3">Grant Date, April 7, 2021 [Member]</link:label>
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" xlink:label="CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" xlink:title="CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" />
    <link:label xlink:type="resource" xlink:label="label_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" xml:lang="en-US" id="label_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners">Other assets</link:label>
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" xlink:label="NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" xlink:title="NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" />
    <link:label xlink:type="resource" xlink:label="label_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" xml:lang="en-US" id="label_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners">Non-current assets or disposal groups classified as held for sale or as held for distribution to owners</link:label>
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    <link:label xlink:type="resource" xlink:label="label_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners_1" xml:lang="en-US" id="label_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners_1">Current assets other than non-current assets or disposal groups classified as held for sale or as held for distribution to owners</link:label>
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    <link:label xlink:type="resource" xlink:label="label_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners_1" xml:lang="en-US" id="label_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners_1">Assets held for sale</link:label>
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentLiabilitiesOtherThanLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:label="CurrentLiabilitiesOtherThanLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:title="CurrentLiabilitiesOtherThanLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" />
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:label="LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:title="LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" />
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    <link:label xlink:type="resource" xlink:label="label_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale_1" xml:lang="en-US" id="label_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale_1">Liabilities directly associated with assets held for sale</link:label>
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    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AdjustmentsForCurrentTaxExpense" xlink:label="AdjustmentsForCurrentTaxExpense" xlink:title="AdjustmentsForCurrentTaxExpense" />
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    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_InterestPaidForBorrowingsClassifiedAsFinancingActivities" xlink:label="InterestPaidForBorrowingsClassifiedAsFinancingActivities" xlink:title="InterestPaidForBorrowingsClassifiedAsFinancingActivities" />
    <link:label xlink:type="resource" xlink:label="label_InterestPaidForBorrowingsClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_InterestPaidForBorrowingsClassifiedAsFinancingActivities" xml:lang="en-US" id="label_InterestPaidForBorrowingsClassifiedAsFinancingActivities">Interest Paid for Borrowings Classified as Financing Activities</link:label>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowsFromUsedInInvestingActivitiesContinuingOperations" xlink:to="label_CashFlowsFromUsedInInvestingActivitiesContinuingOperations_1" xlink:title="Label : CashFlowsFromUsedInInvestingActivitiesContinuingOperations to label_CashFlowsFromUsedInInvestingActivitiesContinuingOperations_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CashFlowsFromUsedInInvestingActivitiesDiscontinuedOperations" xlink:label="CashFlowsFromUsedInInvestingActivitiesDiscontinuedOperations" xlink:title="CashFlowsFromUsedInInvestingActivitiesDiscontinuedOperations" />
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    <link:label xlink:type="resource" xlink:label="label_BorrowingsClassifiedAsFinancingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_BorrowingsClassifiedAsFinancingActivitiesAbstract" xml:lang="en-US" id="label_BorrowingsClassifiedAsFinancingActivitiesAbstract">Borrowings Classified As Financing Activities [Abstract]</link:label>
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    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivitiesAbstract" xlink:label="PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivitiesAbstract" xlink:title="PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivitiesAbstract" />
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    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_InterestPaidForLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:label="InterestPaidForLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:title="InterestPaidForLeaseLiabilitiesClassifiedAsFinancingActivities" />
    <link:label xlink:type="resource" xlink:label="label_InterestPaidForLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_InterestPaidForLeaseLiabilitiesClassifiedAsFinancingActivities" xml:lang="en-US" id="label_InterestPaidForLeaseLiabilitiesClassifiedAsFinancingActivities">Interest Paid for Lease Liabilities Classified as Financing Activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestPaidForLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:to="label_InterestPaidForLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:title="Label : InterestPaidForLeaseLiabilitiesClassifiedAsFinancingActivities to label_InterestPaidForLeaseLiabilitiesClassifiedAsFinancingActivities" />
    <link:label xlink:type="resource" xlink:label="label_InterestPaidForLeaseLiabilitiesClassifiedAsFinancingActivities_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_InterestPaidForLeaseLiabilitiesClassifiedAsFinancingActivities_1" xml:lang="en-US" id="label_InterestPaidForLeaseLiabilitiesClassifiedAsFinancingActivities_1">Interest paid</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestPaidForLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:to="label_InterestPaidForLeaseLiabilitiesClassifiedAsFinancingActivities_1" xlink:title="Label : InterestPaidForLeaseLiabilitiesClassifiedAsFinancingActivities to label_InterestPaidForLeaseLiabilitiesClassifiedAsFinancingActivities_1" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestPaidForLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:to="label_InterestPaidForLeaseLiabilitiesClassifiedAsFinancingActivities_2" xlink:title="Label : InterestPaidForLeaseLiabilitiesClassifiedAsFinancingActivities to label_InterestPaidForLeaseLiabilitiesClassifiedAsFinancingActivities_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CashFlowsFromUsedInFinancingActivitiesContinuingOperations" xlink:label="CashFlowsFromUsedInFinancingActivitiesContinuingOperations" xlink:title="CashFlowsFromUsedInFinancingActivitiesContinuingOperations" />
    <link:label xlink:type="resource" xlink:label="label_CashFlowsFromUsedInFinancingActivitiesContinuingOperations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CashFlowsFromUsedInFinancingActivitiesContinuingOperations" xml:lang="en-US" id="label_CashFlowsFromUsedInFinancingActivitiesContinuingOperations">Cash flows from (used in) financing activities, continuing operations</link:label>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowsFromUsedInFinancingActivitiesContinuingOperations" xlink:to="label_CashFlowsFromUsedInFinancingActivitiesContinuingOperations_1" xlink:title="Label : CashFlowsFromUsedInFinancingActivitiesContinuingOperations to label_CashFlowsFromUsedInFinancingActivitiesContinuingOperations_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations" xlink:label="CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations" xlink:title="CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations" xlink:to="label_CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations" xlink:title="Label : CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations to label_CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations" />
    <link:label xlink:type="resource" xlink:label="label_CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations_1" xml:lang="en-US" id="label_CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations_1">Cash flows from (used in) financing activities, discontinued operations</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations" xlink:to="label_CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations_1" xlink:title="Label : CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations to label_CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_EffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations" xlink:label="EffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations" xlink:title="EffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations" xlink:to="label_EffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations" xlink:title="Label : EffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations to label_EffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations" />
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition" xlink:label="CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition" xlink:title="CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition" />
    <link:label xlink:type="resource" xlink:label="label_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition" xml:lang="en-US" id="label_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition">Cash and cash equivalents if different from statement of financial position</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition" xlink:to="label_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition" xlink:title="Label : CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition to label_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition" />
    <link:label xlink:type="resource" xlink:label="label_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition_1" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:title="label_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition_1" xml:lang="en-US" id="label_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition_1">Cash and cash equivalents at the beginning of the year</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition" xlink:to="label_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition_1" xlink:title="Label : CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition to label_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition_1" />
    <link:label xlink:type="resource" xlink:label="label_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition_2" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:title="label_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition_2" xml:lang="en-US" id="label_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition_2">Cash and cash equivalents at the end of the year</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition" xlink:to="label_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition_2" xlink:title="Label : CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition to label_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition_2" />
    <link:label xlink:type="resource" xlink:label="label_CashAndCashEquivalents_5" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_CashAndCashEquivalents_5" xml:lang="en-US" id="label_CashAndCashEquivalents_5">Cash and cash equivalents at the end of the year - continuing operations</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndCashEquivalents" xlink:to="label_CashAndCashEquivalents_5" xlink:title="Label : CashAndCashEquivalents to label_CashAndCashEquivalents_5" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CashAndCashEquivalentsClassifiedAsPartOfDisposalGroupHeldForSale" xlink:label="CashAndCashEquivalentsClassifiedAsPartOfDisposalGroupHeldForSale" xlink:title="CashAndCashEquivalentsClassifiedAsPartOfDisposalGroupHeldForSale" />
    <link:label xlink:type="resource" xlink:label="label_CashAndCashEquivalentsClassifiedAsPartOfDisposalGroupHeldForSale" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CashAndCashEquivalentsClassifiedAsPartOfDisposalGroupHeldForSale" xml:lang="en-US" id="label_CashAndCashEquivalentsClassifiedAsPartOfDisposalGroupHeldForSale">Cash and cash equivalents classified as part of disposal group held for sale</link:label>
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    <link:label xlink:type="resource" xlink:label="label_CashAndCashEquivalentsClassifiedAsPartOfDisposalGroupHeldForSale_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CashAndCashEquivalentsClassifiedAsPartOfDisposalGroupHeldForSale_1" xml:lang="en-US" id="label_CashAndCashEquivalentsClassifiedAsPartOfDisposalGroupHeldForSale_1">Cash and cash equivalents at the end of the year - discontinued operations</link:label>
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    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NonCashTransactionsAbstract" xlink:label="NonCashTransactionsAbstract" xlink:title="NonCashTransactionsAbstract" />
    <link:label xlink:type="resource" xlink:label="label_NonCashTransactionsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NonCashTransactionsAbstract" xml:lang="en-US" id="label_NonCashTransactionsAbstract">Non Cash Transactions [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonCashTransactionsAbstract" xlink:to="label_NonCashTransactionsAbstract" xlink:title="Label : NonCashTransactionsAbstract to label_NonCashTransactionsAbstract" />
    <link:label xlink:type="resource" xlink:label="label_NonCashTransactionsAbstract_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NonCashTransactionsAbstract_1" xml:lang="en-US" id="label_NonCashTransactionsAbstract_1">Transactions without cash effect:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonCashTransactionsAbstract" xlink:to="label_NonCashTransactionsAbstract_1" xlink:title="Label : NonCashTransactionsAbstract to label_NonCashTransactionsAbstract_1" />
    <link:label xlink:type="resource" xlink:label="label_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivitiesAbstract_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivitiesAbstract_1" xml:lang="en-US" id="label_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivitiesAbstract_1">Payments of lease</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivitiesAbstract" xlink:to="label_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivitiesAbstract_1" xlink:title="Label : PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivitiesAbstract to label_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivitiesAbstract_1" />
    <link:label xlink:type="resource" xlink:label="label_BorrowingsClassifiedAsFinancingActivitiesAbstract_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_BorrowingsClassifiedAsFinancingActivitiesAbstract_1" xml:lang="en-US" id="label_BorrowingsClassifiedAsFinancingActivitiesAbstract_1">Loans and debentures</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingsClassifiedAsFinancingActivitiesAbstract" xlink:to="label_BorrowingsClassifiedAsFinancingActivitiesAbstract_1" xlink:title="Label : BorrowingsClassifiedAsFinancingActivitiesAbstract to label_BorrowingsClassifiedAsFinancingActivitiesAbstract_1" />
    <link:label xlink:type="resource" xlink:label="label_IpirangaProdutosDepetroleoSaAndUltracargoLogisticaSAMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_IpirangaProdutosDepetroleoSaAndUltracargoLogisticaSAMember_2" xml:lang="en-US" id="label_IpirangaProdutosDepetroleoSaAndUltracargoLogisticaSAMember_2">This member stands for the information pertaining to Ipiranga Produtosde Petroleo S.A. and Ultracargo Log&#xED;stica S.A. (&#x201C;IPP and Ultracargo Log&#xED;stica&#x201D;).</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IpirangaProdutosDepetroleoSaAndUltracargoLogisticaSAMember" xlink:to="label_IpirangaProdutosDepetroleoSaAndUltracargoLogisticaSAMember_2" xlink:title="Label : IpirangaProdutosDepetroleoSaAndUltracargoLogisticaSAMember to label_IpirangaProdutosDepetroleoSaAndUltracargoLogisticaSAMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_PortOfMiramarMember" xlink:label="PortOfMiramarMember" xlink:title="PortOfMiramarMember" />
    <link:label xlink:type="resource" xlink:label="label_PortOfMiramarMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_PortOfMiramarMember" xml:lang="en-US" id="label_PortOfMiramarMember">Port of Miramar [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PortOfMiramarMember" xlink:to="label_PortOfMiramarMember" xlink:title="Label : PortOfMiramarMember to label_PortOfMiramarMember" />
    <link:label xlink:type="resource" xlink:label="label_PortOfMiramarMember_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_PortOfMiramarMember_1" xml:lang="en-US" id="label_PortOfMiramarMember_1">This member stands for the information pertaining to Port of Miramar, in Bel&#xE9;m, state of Par&#xE1;.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PortOfMiramarMember" xlink:to="label_PortOfMiramarMember_1" xlink:title="Label : PortOfMiramarMember to label_PortOfMiramarMember_1" />
    <link:label xlink:type="resource" xlink:label="label_PortOfMiramarMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PortOfMiramarMember_2" xml:lang="en-US" id="label_PortOfMiramarMember_2">Port of Miramar [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PortOfMiramarMember" xlink:to="label_PortOfMiramarMember_2" xlink:title="Label : PortOfMiramarMember to label_PortOfMiramarMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AreaIqi13Member" xlink:label="AreaIqi13Member" xlink:title="AreaIqi13Member" />
    <link:label xlink:type="resource" xlink:label="label_AreaIqi13Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AreaIqi13Member" xml:lang="en-US" id="label_AreaIqi13Member">Area IQI13 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AreaIqi13Member" xlink:to="label_AreaIqi13Member" xlink:title="Label : AreaIqi13Member to label_AreaIqi13Member" />
    <link:label xlink:type="resource" xlink:label="label_AreaIqi13Member_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AreaIqi13Member_1" xml:lang="en-US" id="label_AreaIqi13Member_1">This member stands for the information pertaining to Area IQI13 in the Itaqui port, State of Maranh&#xE3;o.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AreaIqi13Member" xlink:to="label_AreaIqi13Member_1" xlink:title="Label : AreaIqi13Member to label_AreaIqi13Member_1" />
    <link:label xlink:type="resource" xlink:label="label_AreaIqi13Member_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AreaIqi13Member_2" xml:lang="en-US" id="label_AreaIqi13Member_2">Area IQI13 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AreaIqi13Member" xlink:to="label_AreaIqi13Member_2" xlink:title="Label : AreaIqi13Member to label_AreaIqi13Member_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NumberOfPortConcessions" xlink:label="NumberOfPortConcessions" xlink:title="NumberOfPortConcessions" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfPortConcessions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NumberOfPortConcessions" xml:lang="en-US" id="label_NumberOfPortConcessions">Number of Port concessions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfPortConcessions" xlink:to="label_NumberOfPortConcessions" xlink:title="Label : NumberOfPortConcessions to label_NumberOfPortConcessions" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfPortConcessions_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_NumberOfPortConcessions_1" xml:lang="en-US" id="label_NumberOfPortConcessions_1">The number of port concessions according to the auction notice.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfPortConcessions" xlink:to="label_NumberOfPortConcessions_1" xlink:title="Label : NumberOfPortConcessions to label_NumberOfPortConcessions_1" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfPortConcessions_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NumberOfPortConcessions_2" xml:lang="en-US" id="label_NumberOfPortConcessions_2">Number of Port Concessions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfPortConcessions" xlink:to="label_NumberOfPortConcessions_2" xlink:title="Label : NumberOfPortConcessions to label_NumberOfPortConcessions_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_MinimumLeasePeriodOfPortConcession" xlink:label="MinimumLeasePeriodOfPortConcession" xlink:title="MinimumLeasePeriodOfPortConcession" />
    <link:label xlink:type="resource" xlink:label="label_MinimumLeasePeriodOfPortConcession" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_MinimumLeasePeriodOfPortConcession" xml:lang="en-US" id="label_MinimumLeasePeriodOfPortConcession">Minimum lease period of port concession</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MinimumLeasePeriodOfPortConcession" xlink:to="label_MinimumLeasePeriodOfPortConcession" xlink:title="Label : MinimumLeasePeriodOfPortConcession to label_MinimumLeasePeriodOfPortConcession" />
    <link:label xlink:type="resource" xlink:label="label_MinimumLeasePeriodOfPortConcession_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_MinimumLeasePeriodOfPortConcession_1" xml:lang="en-US" id="label_MinimumLeasePeriodOfPortConcession_1">The minimum lease period of port concession according to the auction notice.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MinimumLeasePeriodOfPortConcession" xlink:to="label_MinimumLeasePeriodOfPortConcession_1" xlink:title="Label : MinimumLeasePeriodOfPortConcession to label_MinimumLeasePeriodOfPortConcession_1" />
    <link:label xlink:type="resource" xlink:label="label_MinimumLeasePeriodOfPortConcession_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MinimumLeasePeriodOfPortConcession_2" xml:lang="en-US" id="label_MinimumLeasePeriodOfPortConcession_2">Minimum Lease Period of Port Concession</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MinimumLeasePeriodOfPortConcession" xlink:to="label_MinimumLeasePeriodOfPortConcession_2" xlink:title="Label : MinimumLeasePeriodOfPortConcession to label_MinimumLeasePeriodOfPortConcession_2" />
    <link:label xlink:type="resource" xlink:label="label_PeriodOfPortConcession_3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_PeriodOfPortConcession_3" xml:lang="en-US" id="label_PeriodOfPortConcession_3">PeriodOfPortConcession</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PeriodOfPortConcession" xlink:to="label_PeriodOfPortConcession_3" xlink:title="Label : PeriodOfPortConcession to label_PeriodOfPortConcession_3" />
    <link:label xlink:type="resource" xlink:label="label_EliminationOfIntersegmentAmountsMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_EliminationOfIntersegmentAmountsMember_1" xml:lang="en-US" id="label_EliminationOfIntersegmentAmountsMember_1">Elimination of intersegment amounts [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EliminationOfIntersegmentAmountsMember" xlink:to="label_EliminationOfIntersegmentAmountsMember_1" xlink:title="Label : EliminationOfIntersegmentAmountsMember to label_EliminationOfIntersegmentAmountsMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ProfitLossAbstract" xlink:label="ProfitLossAbstract" xlink:title="ProfitLossAbstract" />
    <link:label xlink:type="resource" xlink:label="label_ProfitLossAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ProfitLossAbstract" xml:lang="en-US" id="label_ProfitLossAbstract">Profit (loss) [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitLossAbstract" xlink:to="label_ProfitLossAbstract" xlink:title="Label : ProfitLossAbstract to label_ProfitLossAbstract" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RevenueFromContractsWithCustomers" xlink:label="RevenueFromContractsWithCustomers" xlink:title="RevenueFromContractsWithCustomers" />
    <link:label xlink:type="resource" xlink:label="label_RevenueFromContractsWithCustomers" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RevenueFromContractsWithCustomers" xml:lang="en-US" id="label_RevenueFromContractsWithCustomers">Revenue from contracts with customers</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevenueFromContractsWithCustomers" xlink:to="label_RevenueFromContractsWithCustomers" xlink:title="Label : RevenueFromContractsWithCustomers to label_RevenueFromContractsWithCustomers" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" xlink:label="DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" xlink:title="DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" />
    <link:label xlink:type="resource" xlink:label="label_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" xml:lang="en-US" id="label_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss">Total of depreciation and amortization</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" xlink:to="label_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" xlink:title="Label : DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss to label_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ExpenseOfRestructuringActivities" xlink:label="ExpenseOfRestructuringActivities" xlink:title="ExpenseOfRestructuringActivities" />
    <link:label xlink:type="resource" xlink:label="label_ExpenseOfRestructuringActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ExpenseOfRestructuringActivities" xml:lang="en-US" id="label_ExpenseOfRestructuringActivities">Expense of restructuring activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExpenseOfRestructuringActivities" xlink:to="label_ExpenseOfRestructuringActivities" xlink:title="Label : ExpenseOfRestructuringActivities to label_ExpenseOfRestructuringActivities" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisposalGroupsClassifiedAsHeldForSaleMember" xlink:label="DisposalGroupsClassifiedAsHeldForSaleMember" xlink:title="DisposalGroupsClassifiedAsHeldForSaleMember" />
    <link:label xlink:type="resource" xlink:label="label_DisposalGroupsClassifiedAsHeldForSaleMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisposalGroupsClassifiedAsHeldForSaleMember" xml:lang="en-US" id="label_DisposalGroupsClassifiedAsHeldForSaleMember">Disposal groups classified as held for sale [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisposalGroupsClassifiedAsHeldForSaleMember" xlink:to="label_DisposalGroupsClassifiedAsHeldForSaleMember" xlink:title="Label : DisposalGroupsClassifiedAsHeldForSaleMember to label_DisposalGroupsClassifiedAsHeldForSaleMember" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CashFlowsFromContinuingAndDiscontinuedOperationsAbstract" xlink:label="CashFlowsFromContinuingAndDiscontinuedOperationsAbstract" xlink:title="CashFlowsFromContinuingAndDiscontinuedOperationsAbstract" />
    <link:label xlink:type="resource" xlink:label="label_CashFlowsFromContinuingAndDiscontinuedOperationsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CashFlowsFromContinuingAndDiscontinuedOperationsAbstract" xml:lang="en-US" id="label_CashFlowsFromContinuingAndDiscontinuedOperationsAbstract">Cash flows from continuing and discontinued operations [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowsFromContinuingAndDiscontinuedOperationsAbstract" xlink:to="label_CashFlowsFromContinuingAndDiscontinuedOperationsAbstract" xlink:title="Label : CashFlowsFromContinuingAndDiscontinuedOperationsAbstract to label_CashFlowsFromContinuingAndDiscontinuedOperationsAbstract" />
    <link:label xlink:type="resource" xlink:label="label_CashFlowsFromContinuingAndDiscontinuedOperationsAbstract_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CashFlowsFromContinuingAndDiscontinuedOperationsAbstract_1" xml:lang="en-US" id="label_CashFlowsFromContinuingAndDiscontinuedOperationsAbstract_1">Cash flow</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowsFromContinuingAndDiscontinuedOperationsAbstract" xlink:to="label_CashFlowsFromContinuingAndDiscontinuedOperationsAbstract_1" xlink:title="Label : CashFlowsFromContinuingAndDiscontinuedOperationsAbstract to label_CashFlowsFromContinuingAndDiscontinuedOperationsAbstract_1" />
    <link:label xlink:type="resource" xlink:label="label_ProfitLossAbstract_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ProfitLossAbstract_1" xml:lang="en-US" id="label_ProfitLossAbstract_1">Income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitLossAbstract" xlink:to="label_ProfitLossAbstract_1" xlink:title="Label : ProfitLossAbstract to label_ProfitLossAbstract_1" />
    <link:label xlink:type="resource" xlink:label="label_RevenueFromContractsWithCustomers_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_RevenueFromContractsWithCustomers_1" xml:lang="en-US" id="label_RevenueFromContractsWithCustomers_1">Transactions with third parties</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevenueFromContractsWithCustomers" xlink:to="label_RevenueFromContractsWithCustomers_1" xlink:title="Label : RevenueFromContractsWithCustomers to label_RevenueFromContractsWithCustomers_1" />
    <link:label xlink:type="resource" xlink:label="label_CashFlowHedgesAbstract_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CashFlowHedgesAbstract_1" xml:lang="en-US" id="label_CashFlowHedgesAbstract_1">Cash flow hedges [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowHedgesAbstract" xlink:to="label_CashFlowHedgesAbstract_1" xlink:title="Label : CashFlowHedgesAbstract to label_CashFlowHedgesAbstract_1" />
    <link:label xlink:type="resource" xlink:label="label_SalesAndMarketingExpense_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SalesAndMarketingExpense_2" xml:lang="en-US" id="label_SalesAndMarketingExpense_2">Sales and marketing expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SalesAndMarketingExpense" xlink:to="label_SalesAndMarketingExpense_2" xlink:title="Label : SalesAndMarketingExpense to label_SalesAndMarketingExpense_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_CashFlowHedgedItemAssets" xlink:label="CashFlowHedgedItemAssets" xlink:title="CashFlowHedgedItemAssets" />
    <link:label xlink:type="resource" xlink:label="label_CashFlowHedgedItemAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CashFlowHedgedItemAssets" xml:lang="en-US" id="label_CashFlowHedgedItemAssets">Cash Flow Hedged Item, Assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowHedgedItemAssets" xlink:to="label_CashFlowHedgedItemAssets" xlink:title="Label : CashFlowHedgedItemAssets to label_CashFlowHedgedItemAssets" />
    <link:label xlink:type="resource" xlink:label="label_CashFlowHedgedItemAssets_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_CashFlowHedgedItemAssets_1" xml:lang="en-US" id="label_CashFlowHedgedItemAssets_1">The amount of a cash flow hedged item, recognised as an asset.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowHedgedItemAssets" xlink:to="label_CashFlowHedgedItemAssets_1" xlink:title="Label : CashFlowHedgedItemAssets to label_CashFlowHedgedItemAssets_1" />
    <link:label xlink:type="resource" xlink:label="label_CashFlowHedgedItemAssets_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CashFlowHedgedItemAssets_2" xml:lang="en-US" id="label_CashFlowHedgedItemAssets_2">Cash Flow Hedge</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowHedgedItemAssets" xlink:to="label_CashFlowHedgedItemAssets_2" xlink:title="Label : CashFlowHedgedItemAssets to label_CashFlowHedgedItemAssets_2" />
    <link:label xlink:type="resource" xlink:label="label_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables_2" xml:lang="en-US" id="label_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables_2">Impairment loss (reversal of impairment loss) recognised in profit or loss, trade receivables</link:label>
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    <link:label xlink:type="resource" xlink:label="label_GeneralAndAdministrativeExpense_3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_GeneralAndAdministrativeExpense_3" xml:lang="en-US" id="label_GeneralAndAdministrativeExpense_3">General and administrative</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GeneralAndAdministrativeExpense" xlink:to="label_GeneralAndAdministrativeExpense_3" xlink:title="Label : GeneralAndAdministrativeExpense to label_GeneralAndAdministrativeExpense_3" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_CashFlowHedgedItemLiabilities" xlink:label="CashFlowHedgedItemLiabilities" xlink:title="CashFlowHedgedItemLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_CashFlowHedgedItemLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CashFlowHedgedItemLiabilities" xml:lang="en-US" id="label_CashFlowHedgedItemLiabilities">Cash Flow Hedged Item, Liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowHedgedItemLiabilities" xlink:to="label_CashFlowHedgedItemLiabilities" xlink:title="Label : CashFlowHedgedItemLiabilities to label_CashFlowHedgedItemLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_CashFlowHedgedItemLiabilities_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_CashFlowHedgedItemLiabilities_1" xml:lang="en-US" id="label_CashFlowHedgedItemLiabilities_1">The amount of a cash flow hedged item, recognised as a liability.</link:label>
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    <link:label xlink:type="resource" xlink:label="label_CashFlowHedgedItemLiabilities_2" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_CashFlowHedgedItemLiabilities_2" xml:lang="en-US" id="label_CashFlowHedgedItemLiabilities_2">Debts</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowHedgedItemLiabilities" xlink:to="label_CashFlowHedgedItemLiabilities_2" xlink:title="Label : CashFlowHedgedItemLiabilities to label_CashFlowHedgedItemLiabilities_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NetInvestmentHedgedItemAssets" xlink:label="NetInvestmentHedgedItemAssets" xlink:title="NetInvestmentHedgedItemAssets" />
    <link:label xlink:type="resource" xlink:label="label_NetInvestmentHedgedItemAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NetInvestmentHedgedItemAssets" xml:lang="en-US" id="label_NetInvestmentHedgedItemAssets">Net Investment Hedged Item, Assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetInvestmentHedgedItemAssets" xlink:to="label_NetInvestmentHedgedItemAssets" xlink:title="Label : NetInvestmentHedgedItemAssets to label_NetInvestmentHedgedItemAssets" />
    <link:label xlink:type="resource" xlink:label="label_NetInvestmentHedgedItemAssets_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_NetInvestmentHedgedItemAssets_1" xml:lang="en-US" id="label_NetInvestmentHedgedItemAssets_1">The amount of a net investment hedged item, recognised as an asset.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetInvestmentHedgedItemAssets" xlink:to="label_NetInvestmentHedgedItemAssets_1" xlink:title="Label : NetInvestmentHedgedItemAssets to label_NetInvestmentHedgedItemAssets_1" />
    <link:label xlink:type="resource" xlink:label="label_NetInvestmentHedgedItemAssets_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NetInvestmentHedgedItemAssets_2" xml:lang="en-US" id="label_NetInvestmentHedgedItemAssets_2">Net Investment Hedge</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetInvestmentHedgedItemAssets" xlink:to="label_NetInvestmentHedgedItemAssets_2" xlink:title="Label : NetInvestmentHedgedItemAssets to label_NetInvestmentHedgedItemAssets_2" />
    <link:label xlink:type="resource" xlink:label="label_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_1" xml:lang="en-US" id="label_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_1">Depreciation, amortisation and impairment loss (reversal of impairment loss) recognised in profit or loss</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" xlink:to="label_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_1" xlink:title="Label : DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss to label_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NetInvestmentHedgedItemLiabilities" xlink:label="NetInvestmentHedgedItemLiabilities" xlink:title="NetInvestmentHedgedItemLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_NetInvestmentHedgedItemLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NetInvestmentHedgedItemLiabilities" xml:lang="en-US" id="label_NetInvestmentHedgedItemLiabilities">Net Investment Hedged Item, Liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetInvestmentHedgedItemLiabilities" xlink:to="label_NetInvestmentHedgedItemLiabilities" xlink:title="Label : NetInvestmentHedgedItemLiabilities to label_NetInvestmentHedgedItemLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_NetInvestmentHedgedItemLiabilities_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_NetInvestmentHedgedItemLiabilities_1" xml:lang="en-US" id="label_NetInvestmentHedgedItemLiabilities_1">The amount of a net investment hedged item, recognised as a liability.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetInvestmentHedgedItemLiabilities" xlink:to="label_NetInvestmentHedgedItemLiabilities_1" xlink:title="Label : NetInvestmentHedgedItemLiabilities to label_NetInvestmentHedgedItemLiabilities_1" />
    <link:label xlink:type="resource" xlink:label="label_NetInvestmentHedgedItemLiabilities_2" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_NetInvestmentHedgedItemLiabilities_2" xml:lang="en-US" id="label_NetInvestmentHedgedItemLiabilities_2">Debts</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetInvestmentHedgedItemLiabilities" xlink:to="label_NetInvestmentHedgedItemLiabilities_2" xlink:title="Label : NetInvestmentHedgedItemLiabilities to label_NetInvestmentHedgedItemLiabilities_2" />
    <link:label xlink:type="resource" xlink:label="label_ExpenseOfRestructuringActivities_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ExpenseOfRestructuringActivities_1" xml:lang="en-US" id="label_ExpenseOfRestructuringActivities_1">Expenses related to restructuring activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExpenseOfRestructuringActivities" xlink:to="label_ExpenseOfRestructuringActivities_1" xlink:title="Label : ExpenseOfRestructuringActivities to label_ExpenseOfRestructuringActivities_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ReserveOfCashFlowHedgesContinuingHedges" xlink:label="ReserveOfCashFlowHedgesContinuingHedges" xlink:title="ReserveOfCashFlowHedgesContinuingHedges" />
    <link:label xlink:type="resource" xlink:label="label_ReserveOfCashFlowHedgesContinuingHedges" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ReserveOfCashFlowHedgesContinuingHedges" xml:lang="en-US" id="label_ReserveOfCashFlowHedgesContinuingHedges">Reserve of cash flow hedges, continuing hedges</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReserveOfCashFlowHedgesContinuingHedges" xlink:to="label_ReserveOfCashFlowHedgesContinuingHedges" xlink:title="Label : ReserveOfCashFlowHedgesContinuingHedges to label_ReserveOfCashFlowHedgesContinuingHedges" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_HedgesOfNetInvestmentsInForeignOperationsAbstract" xlink:label="HedgesOfNetInvestmentsInForeignOperationsAbstract" xlink:title="HedgesOfNetInvestmentsInForeignOperationsAbstract" />
    <link:label xlink:type="resource" xlink:label="label_HedgesOfNetInvestmentsInForeignOperationsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_HedgesOfNetInvestmentsInForeignOperationsAbstract" xml:lang="en-US" id="label_HedgesOfNetInvestmentsInForeignOperationsAbstract">Hedges of net investment in foreign operations [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HedgesOfNetInvestmentsInForeignOperationsAbstract" xlink:to="label_HedgesOfNetInvestmentsInForeignOperationsAbstract" xlink:title="Label : HedgesOfNetInvestmentsInForeignOperationsAbstract to label_HedgesOfNetInvestmentsInForeignOperationsAbstract" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ReserveOfGainsAndLossesOnHedgingInstrumentsThatHedgeInvestmentsInEquityInstruments" xlink:label="ReserveOfGainsAndLossesOnHedgingInstrumentsThatHedgeInvestmentsInEquityInstruments" xlink:title="ReserveOfGainsAndLossesOnHedgingInstrumentsThatHedgeInvestmentsInEquityInstruments" />
    <link:label xlink:type="resource" xlink:label="label_ReserveOfGainsAndLossesOnHedgingInstrumentsThatHedgeInvestmentsInEquityInstruments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ReserveOfGainsAndLossesOnHedgingInstrumentsThatHedgeInvestmentsInEquityInstruments" xml:lang="en-US" id="label_ReserveOfGainsAndLossesOnHedgingInstrumentsThatHedgeInvestmentsInEquityInstruments">Reserve of gains and losses on hedging instruments that hedge investments in equity instruments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReserveOfGainsAndLossesOnHedgingInstrumentsThatHedgeInvestmentsInEquityInstruments" xlink:to="label_ReserveOfGainsAndLossesOnHedgingInstrumentsThatHedgeInvestmentsInEquityInstruments" xlink:title="Label : ReserveOfGainsAndLossesOnHedgingInstrumentsThatHedgeInvestmentsInEquityInstruments to label_ReserveOfGainsAndLossesOnHedgingInstrumentsThatHedgeInvestmentsInEquityInstruments" />
    <link:label xlink:type="resource" xlink:label="label_ReserveOfCashFlowHedgesContinuingHedges_1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_ReserveOfCashFlowHedgesContinuingHedges_1" xml:lang="en-US" id="label_ReserveOfCashFlowHedgesContinuingHedges_1">Cash Flow Hedge, Net effect in equity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReserveOfCashFlowHedgesContinuingHedges" xlink:to="label_ReserveOfCashFlowHedgesContinuingHedges_1" xlink:title="Label : ReserveOfCashFlowHedgesContinuingHedges to label_ReserveOfCashFlowHedgesContinuingHedges_1" />
    <link:label xlink:type="resource" xlink:label="label_HedgesOfNetInvestmentsInForeignOperationsAbstract_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_HedgesOfNetInvestmentsInForeignOperationsAbstract_1" xml:lang="en-US" id="label_HedgesOfNetInvestmentsInForeignOperationsAbstract_1">Net Investment hedge in foreign entities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HedgesOfNetInvestmentsInForeignOperationsAbstract" xlink:to="label_HedgesOfNetInvestmentsInForeignOperationsAbstract_1" xlink:title="Label : HedgesOfNetInvestmentsInForeignOperationsAbstract to label_HedgesOfNetInvestmentsInForeignOperationsAbstract_1" />
    <link:label xlink:type="resource" xlink:label="label_ReserveOfGainsAndLossesOnHedgingInstrumentsThatHedgeInvestmentsInEquityInstruments_1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_ReserveOfGainsAndLossesOnHedgingInstrumentsThatHedgeInvestmentsInEquityInstruments_1" xml:lang="en-US" id="label_ReserveOfGainsAndLossesOnHedgingInstrumentsThatHedgeInvestmentsInEquityInstruments_1">Net Investment hedge in foreign entities, Net effect in equity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReserveOfGainsAndLossesOnHedgingInstrumentsThatHedgeInvestmentsInEquityInstruments" xlink:to="label_ReserveOfGainsAndLossesOnHedgingInstrumentsThatHedgeInvestmentsInEquityInstruments_1" xlink:title="Label : ReserveOfGainsAndLossesOnHedgingInstrumentsThatHedgeInvestmentsInEquityInstruments to label_ReserveOfGainsAndLossesOnHedgingInstrumentsThatHedgeInvestmentsInEquityInstruments_1" />
    <link:label xlink:type="resource" xlink:label="label_NetFinancialIncomeAndIncomeAndSocialContributionTaxes_3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_NetFinancialIncomeAndIncomeAndSocialContributionTaxes_3" xml:lang="en-US" id="label_NetFinancialIncomeAndIncomeAndSocialContributionTaxes_3">Net finance income and income and social contribution taxes</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetFinancialIncomeAndIncomeAndSocialContributionTaxes" xlink:to="label_NetFinancialIncomeAndIncomeAndSocialContributionTaxes_3" xlink:title="Label : NetFinancialIncomeAndIncomeAndSocialContributionTaxes to label_NetFinancialIncomeAndIncomeAndSocialContributionTaxes_3" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations" xlink:label="OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations" xlink:title="OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations" />
    <link:label xlink:type="resource" xlink:label="label_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations" xml:lang="en-US" id="label_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations">Other comprehensive income, net of tax, hedges of net investments in foreign operations</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations" xlink:to="label_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations" xlink:title="Label : OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations to label_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations" />
    <link:label xlink:type="resource" xlink:label="label_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations_1" xml:lang="en-US" id="label_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations_1">Gain (loss) recognized in other comprehensive income, net of deferred income and social contribution taxes</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations" xlink:to="label_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations_1" xlink:title="Label : OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations to label_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations_1" />
    <link:label xlink:type="resource" xlink:label="label_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables_3" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:title="label_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables_3" xml:lang="en-US" id="label_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables_3">Loss allowance (reversion) for expected credit losses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables" xlink:to="label_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables_3" xlink:title="Label : ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables to label_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables_3" />
    <link:label xlink:type="resource" xlink:label="label_AmortizationOfRightToUseAsset_5" xlink:role="http://www.xbrl.org/2003/role/positiveTerseLabel" xlink:title="label_AmortizationOfRightToUseAsset_5" xml:lang="en-US" id="label_AmortizationOfRightToUseAsset_5">Amortization of right-of-use assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmortizationOfRightToUseAsset" xlink:to="label_AmortizationOfRightToUseAsset_5" xlink:title="Label : AmortizationOfRightToUseAsset to label_AmortizationOfRightToUseAsset_5" />
    <link:label xlink:type="resource" xlink:label="label_DisposalGroupsClassifiedAsHeldForSaleMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DisposalGroupsClassifiedAsHeldForSaleMember_1" xml:lang="en-US" id="label_DisposalGroupsClassifiedAsHeldForSaleMember_1">Assets from subsidiaries held for sale</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisposalGroupsClassifiedAsHeldForSaleMember" xlink:to="label_DisposalGroupsClassifiedAsHeldForSaleMember_1" xlink:title="Label : DisposalGroupsClassifiedAsHeldForSaleMember to label_DisposalGroupsClassifiedAsHeldForSaleMember_1" />
    <link:label xlink:type="resource" xlink:label="label_ReportableSegmentsMember_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_ReportableSegmentsMember_2" xml:lang="en-US" id="label_ReportableSegmentsMember_2">Subtotal Segments [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReportableSegmentsMember" xlink:to="label_ReportableSegmentsMember_2" xlink:title="Label : ReportableSegmentsMember to label_ReportableSegmentsMember_2" />
    <link:label xlink:type="resource" xlink:label="label_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_2" xml:lang="en-US" id="label_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_2">Acquisition of property, plant, and equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:to="label_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_2" xlink:title="Label : PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities to label_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_2" />
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForIncreaseDecreaseInNonCurrentPaymentsOfContractualAssetsWithCustomersExclusiveRights_3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AdjustmentsForIncreaseDecreaseInNonCurrentPaymentsOfContractualAssetsWithCustomersExclusiveRights_3" xml:lang="en-US" id="label_AdjustmentsForIncreaseDecreaseInNonCurrentPaymentsOfContractualAssetsWithCustomersExclusiveRights_3">Payments of contractual assets with customers &#x2013; exclusive rights</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForIncreaseDecreaseInNonCurrentPaymentsOfContractualAssetsWithCustomersExclusiveRights" xlink:to="label_AdjustmentsForIncreaseDecreaseInNonCurrentPaymentsOfContractualAssetsWithCustomersExclusiveRights_3" xlink:title="Label : AdjustmentsForIncreaseDecreaseInNonCurrentPaymentsOfContractualAssetsWithCustomersExclusiveRights to label_AdjustmentsForIncreaseDecreaseInNonCurrentPaymentsOfContractualAssetsWithCustomersExclusiveRights_3" />
    <link:label xlink:type="resource" xlink:label="label_RetirementsIntangibleAssetsAndGoodwill_4" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_RetirementsIntangibleAssetsAndGoodwill_4" xml:lang="en-US" id="label_RetirementsIntangibleAssetsAndGoodwill_4">Asset retirement obligation &#x2013; fuel tanks</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RetirementsIntangibleAssetsAndGoodwill" xlink:to="label_RetirementsIntangibleAssetsAndGoodwill_4" xlink:title="Label : RetirementsIntangibleAssetsAndGoodwill to label_RetirementsIntangibleAssetsAndGoodwill_4" />
    <link:label xlink:type="resource" xlink:label="label_BorrowingCostsCapitalised_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_BorrowingCostsCapitalised_2" xml:lang="en-US" id="label_BorrowingCostsCapitalised_2">Capitalized borrowing costs</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingCostsCapitalised" xlink:to="label_BorrowingCostsCapitalised_2" xlink:title="Label : BorrowingCostsCapitalised to label_BorrowingCostsCapitalised_2" />
    <link:label xlink:type="resource" xlink:label="label_TreasurySharesAveragePrice_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TreasurySharesAveragePrice_2" xml:lang="en-US" id="label_TreasurySharesAveragePrice_2">Average cost</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TreasurySharesAveragePrice" xlink:to="label_TreasurySharesAveragePrice_2" xlink:title="Label : TreasurySharesAveragePrice to label_TreasurySharesAveragePrice_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_RetentionOfProfitsAndInvestmentsReserve" xlink:label="RetentionOfProfitsAndInvestmentsReserve" xlink:title="RetentionOfProfitsAndInvestmentsReserve" />
    <link:label xlink:type="resource" xlink:label="label_RetentionOfProfitsAndInvestmentsReserve" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RetentionOfProfitsAndInvestmentsReserve" xml:lang="en-US" id="label_RetentionOfProfitsAndInvestmentsReserve">Retention of profits and investments reserve</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RetentionOfProfitsAndInvestmentsReserve" xlink:to="label_RetentionOfProfitsAndInvestmentsReserve" xlink:title="Label : RetentionOfProfitsAndInvestmentsReserve to label_RetentionOfProfitsAndInvestmentsReserve" />
    <link:label xlink:type="resource" xlink:label="label_RetentionOfProfitsAndInvestmentsReserve_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_RetentionOfProfitsAndInvestmentsReserve_1" xml:lang="en-US" id="label_RetentionOfProfitsAndInvestmentsReserve_1">The disclosure of the allocation of income for retention of profits purposes.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RetentionOfProfitsAndInvestmentsReserve" xlink:to="label_RetentionOfProfitsAndInvestmentsReserve_1" xlink:title="Label : RetentionOfProfitsAndInvestmentsReserve to label_RetentionOfProfitsAndInvestmentsReserve_1" />
    <link:label xlink:type="resource" xlink:label="label_RetentionOfProfitsAndInvestmentsReserve_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_RetentionOfProfitsAndInvestmentsReserve_2" xml:lang="en-US" id="label_RetentionOfProfitsAndInvestmentsReserve_2">Retention of profits and investments reserve</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RetentionOfProfitsAndInvestmentsReserve" xlink:to="label_RetentionOfProfitsAndInvestmentsReserve_2" xlink:title="Label : RetentionOfProfitsAndInvestmentsReserve to label_RetentionOfProfitsAndInvestmentsReserve_2" />
    <link:label xlink:type="resource" xlink:label="label_CurrencyInterestRateHedgingInstrumentsMember_3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_CurrencyInterestRateHedgingInstrumentsMember_3" xml:lang="en-US" id="label_CurrencyInterestRateHedgingInstrumentsMember_3">Currency and interest rate hedging and commodities instruments [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrencyInterestRateHedgingInstrumentsMember" xlink:to="label_CurrencyInterestRateHedgingInstrumentsMember_3" xlink:title="Label : CurrencyInterestRateHedgingInstrumentsMember to label_CurrencyInterestRateHedgingInstrumentsMember_3" />
    <link:label xlink:type="resource" xlink:label="label_BorrowingsInterestRate_3" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xlink:title="label_BorrowingsInterestRate_3" xml:lang="en-US" id="label_BorrowingsInterestRate_3">Weighted average financial charges</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingsInterestRate" xlink:to="label_BorrowingsInterestRate_3" xlink:title="Label : BorrowingsInterestRate to label_BorrowingsInterestRate_3" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ProceedsFromContributionsOfNoncontrollingInterests" xlink:label="ProceedsFromContributionsOfNoncontrollingInterests" xlink:title="ProceedsFromContributionsOfNoncontrollingInterests" />
    <link:label xlink:type="resource" xlink:label="label_ProceedsFromContributionsOfNoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ProceedsFromContributionsOfNoncontrollingInterests" xml:lang="en-US" id="label_ProceedsFromContributionsOfNoncontrollingInterests">Capital increase from non-controlling shareholders</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromContributionsOfNoncontrollingInterests" xlink:to="label_ProceedsFromContributionsOfNoncontrollingInterests" xlink:title="Label : ProceedsFromContributionsOfNoncontrollingInterests to label_ProceedsFromContributionsOfNoncontrollingInterests" />
    <link:label xlink:type="resource" xlink:label="label_ProceedsFromContributionsOfNoncontrollingInterests_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ProceedsFromContributionsOfNoncontrollingInterests_1" xml:lang="en-US" id="label_ProceedsFromContributionsOfNoncontrollingInterests_1">Proceeds from contributions of non-controlling interests</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromContributionsOfNoncontrollingInterests" xlink:to="label_ProceedsFromContributionsOfNoncontrollingInterests_1" xlink:title="Label : ProceedsFromContributionsOfNoncontrollingInterests to label_ProceedsFromContributionsOfNoncontrollingInterests_1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentRegistrationStatement" xlink:label="DocumentRegistrationStatement" xlink:title="DocumentRegistrationStatement" />
    <link:label xlink:type="resource" xlink:label="label_DocumentRegistrationStatement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DocumentRegistrationStatement" xml:lang="en-US" id="label_DocumentRegistrationStatement">Document Registration Statement</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DocumentRegistrationStatement" xlink:to="label_DocumentRegistrationStatement" xlink:title="Label : DocumentRegistrationStatement to label_DocumentRegistrationStatement" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="EntityIncorporationStateCountryCode" xlink:title="EntityIncorporationStateCountryCode" />
    <link:label xlink:type="resource" xlink:label="label_EntityIncorporationStateCountryCode" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EntityIncorporationStateCountryCode" xml:lang="en-US" id="label_EntityIncorporationStateCountryCode">Entity Incorporation, State or Country Code</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityIncorporationStateCountryCode" xlink:to="label_EntityIncorporationStateCountryCode" xlink:title="Label : EntityIncorporationStateCountryCode to label_EntityIncorporationStateCountryCode" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAddressAddressLine1" xlink:label="EntityAddressAddressLine1" xlink:title="EntityAddressAddressLine1" />
    <link:label xlink:type="resource" xlink:label="label_EntityAddressAddressLine1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EntityAddressAddressLine1" xml:lang="en-US" id="label_EntityAddressAddressLine1">Entity Address, Address Line One</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityAddressAddressLine1" xlink:to="label_EntityAddressAddressLine1" xlink:title="Label : EntityAddressAddressLine1 to label_EntityAddressAddressLine1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAddressCityOrTown" xlink:label="EntityAddressCityOrTown" xlink:title="EntityAddressCityOrTown" />
    <link:label xlink:type="resource" xlink:label="label_EntityAddressCityOrTown" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EntityAddressCityOrTown" xml:lang="en-US" id="label_EntityAddressCityOrTown">Entity Address, City or Town</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityAddressCityOrTown" xlink:to="label_EntityAddressCityOrTown" xlink:title="Label : EntityAddressCityOrTown to label_EntityAddressCityOrTown" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_EntityAddressPostalZipCode" xlink:label="EntityAddressPostalZipCode" xlink:title="EntityAddressPostalZipCode" />
    <link:label xlink:type="resource" xlink:label="label_EntityAddressPostalZipCode" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EntityAddressPostalZipCode" xml:lang="en-US" id="label_EntityAddressPostalZipCode">Entity Address, Postal Zip Code</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityAddressPostalZipCode" xlink:to="label_EntityAddressPostalZipCode" xlink:title="Label : EntityAddressPostalZipCode to label_EntityAddressPostalZipCode" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_CityAreaCode" xlink:label="CityAreaCode" xlink:title="CityAreaCode" />
    <link:label xlink:type="resource" xlink:label="label_CityAreaCode" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CityAreaCode" xml:lang="en-US" id="label_CityAreaCode">City Area Code</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CityAreaCode" xlink:to="label_CityAreaCode" xlink:title="Label : CityAreaCode to label_CityAreaCode" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_LocalPhoneNumber" xlink:label="LocalPhoneNumber" xlink:title="LocalPhoneNumber" />
    <link:label xlink:type="resource" xlink:label="label_LocalPhoneNumber" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LocalPhoneNumber" xml:lang="en-US" id="label_LocalPhoneNumber">Local Phone Number</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LocalPhoneNumber" xlink:to="label_LocalPhoneNumber" xlink:title="Label : LocalPhoneNumber to label_LocalPhoneNumber" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentAccountingStandard" xlink:label="DocumentAccountingStandard" xlink:title="DocumentAccountingStandard" />
    <link:label xlink:type="resource" xlink:label="label_DocumentAccountingStandard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DocumentAccountingStandard" xml:lang="en-US" id="label_DocumentAccountingStandard">Document Accounting Standard</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DocumentAccountingStandard" xlink:to="label_DocumentAccountingStandard" xlink:title="Label : DocumentAccountingStandard to label_DocumentAccountingStandard" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_IcfrAuditorAttestationFlag" xlink:label="IcfrAuditorAttestationFlag" xlink:title="IcfrAuditorAttestationFlag" />
    <link:label xlink:type="resource" xlink:label="label_IcfrAuditorAttestationFlag" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IcfrAuditorAttestationFlag" xml:lang="en-US" id="label_IcfrAuditorAttestationFlag">ICFR Auditor Attestation Flag</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IcfrAuditorAttestationFlag" xlink:to="label_IcfrAuditorAttestationFlag" xlink:title="Label : IcfrAuditorAttestationFlag to label_IcfrAuditorAttestationFlag" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_AuditorName" xlink:label="AuditorName" xlink:title="AuditorName" />
    <link:label xlink:type="resource" xlink:label="label_AuditorName" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AuditorName" xml:lang="en-US" id="label_AuditorName">Auditor Name</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AuditorName" xlink:to="label_AuditorName" xlink:title="Label : AuditorName to label_AuditorName" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_AuditorFirmId" xlink:label="AuditorFirmId" xlink:title="AuditorFirmId" />
    <link:label xlink:type="resource" xlink:label="label_AuditorFirmId" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AuditorFirmId" xml:lang="en-US" id="label_AuditorFirmId">Auditor Firm ID</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AuditorFirmId" xlink:to="label_AuditorFirmId" xlink:title="Label : AuditorFirmId to label_AuditorFirmId" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_AuditorLocation" xlink:label="AuditorLocation" xlink:title="AuditorLocation" />
    <link:label xlink:type="resource" xlink:label="label_AuditorLocation" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AuditorLocation" xml:lang="en-US" id="label_AuditorLocation">Auditor Location</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AuditorLocation" xlink:to="label_AuditorLocation" xlink:title="Label : AuditorLocation to label_AuditorLocation" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_OtherOperatingIncomeAbstract" xlink:label="OtherOperatingIncomeAbstract" xlink:title="OtherOperatingIncomeAbstract" />
    <link:label xlink:type="resource" xlink:label="label_OtherOperatingIncomeAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherOperatingIncomeAbstract" xml:lang="en-US" id="label_OtherOperatingIncomeAbstract">Other Operating Income [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherOperatingIncomeAbstract" xlink:to="label_OtherOperatingIncomeAbstract" xlink:title="Label : OtherOperatingIncomeAbstract to label_OtherOperatingIncomeAbstract" />
    <link:label xlink:type="resource" xlink:label="label_OtherOperatingIncomeAbstract_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherOperatingIncomeAbstract_1" xml:lang="en-US" id="label_OtherOperatingIncomeAbstract_1">Other operating income, net:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherOperatingIncomeAbstract" xlink:to="label_OtherOperatingIncomeAbstract_1" xlink:title="Label : OtherOperatingIncomeAbstract to label_OtherOperatingIncomeAbstract_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_CommercialPartnershipsIncome" xlink:label="CommercialPartnershipsIncome" xlink:title="CommercialPartnershipsIncome" />
    <link:label xlink:type="resource" xlink:label="label_CommercialPartnershipsIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CommercialPartnershipsIncome" xml:lang="en-US" id="label_CommercialPartnershipsIncome">Commercial Partnerships Income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommercialPartnershipsIncome" xlink:to="label_CommercialPartnershipsIncome" xlink:title="Label : CommercialPartnershipsIncome to label_CommercialPartnershipsIncome" />
    <link:label xlink:type="resource" xlink:label="label_CommercialPartnershipsIncome_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CommercialPartnershipsIncome_1" xml:lang="en-US" id="label_CommercialPartnershipsIncome_1">Commercial partnerships</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommercialPartnershipsIncome" xlink:to="label_CommercialPartnershipsIncome_1" xlink:title="Label : CommercialPartnershipsIncome to label_CommercialPartnershipsIncome_1" />
    <link:label xlink:type="resource" xlink:label="label_CommercialPartnershipsIncome_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_CommercialPartnershipsIncome_2" xml:lang="en-US" id="label_CommercialPartnershipsIncome_2">The amount of operating income arising from commercial partnerships activities of the reporting entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommercialPartnershipsIncome" xlink:to="label_CommercialPartnershipsIncome_2" xlink:title="Label : CommercialPartnershipsIncome to label_CommercialPartnershipsIncome_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_MerchandisingIncome" xlink:label="MerchandisingIncome" xlink:title="MerchandisingIncome" />
    <link:label xlink:type="resource" xlink:label="label_MerchandisingIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MerchandisingIncome" xml:lang="en-US" id="label_MerchandisingIncome">Merchandising Income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MerchandisingIncome" xlink:to="label_MerchandisingIncome" xlink:title="Label : MerchandisingIncome to label_MerchandisingIncome" />
    <link:label xlink:type="resource" xlink:label="label_MerchandisingIncome_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_MerchandisingIncome_1" xml:lang="en-US" id="label_MerchandisingIncome_1">Merchandising</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MerchandisingIncome" xlink:to="label_MerchandisingIncome_1" xlink:title="Label : MerchandisingIncome to label_MerchandisingIncome_1" />
    <link:label xlink:type="resource" xlink:label="label_MerchandisingIncome_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_MerchandisingIncome_2" xml:lang="en-US" id="label_MerchandisingIncome_2">The amount of operating income arising from merchandising activities of the reporting entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MerchandisingIncome" xlink:to="label_MerchandisingIncome_2" xlink:title="Label : MerchandisingIncome to label_MerchandisingIncome_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ExtraordinaryTaxCreditsIncome" xlink:label="ExtraordinaryTaxCreditsIncome" xlink:title="ExtraordinaryTaxCreditsIncome" />
    <link:label xlink:type="resource" xlink:label="label_ExtraordinaryTaxCreditsIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ExtraordinaryTaxCreditsIncome" xml:lang="en-US" id="label_ExtraordinaryTaxCreditsIncome">Extraordinary Tax Credits Income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExtraordinaryTaxCreditsIncome" xlink:to="label_ExtraordinaryTaxCreditsIncome" xlink:title="Label : ExtraordinaryTaxCreditsIncome to label_ExtraordinaryTaxCreditsIncome" />
    <link:label xlink:type="resource" xlink:label="label_ExtraordinaryTaxCreditsIncome_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ExtraordinaryTaxCreditsIncome_1" xml:lang="en-US" id="label_ExtraordinaryTaxCreditsIncome_1">Extraordinary tax credits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExtraordinaryTaxCreditsIncome" xlink:to="label_ExtraordinaryTaxCreditsIncome_1" xlink:title="Label : ExtraordinaryTaxCreditsIncome to label_ExtraordinaryTaxCreditsIncome_1" />
    <link:label xlink:type="resource" xlink:label="label_ExtraordinaryTaxCreditsIncome_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ExtraordinaryTaxCreditsIncome_2" xml:lang="en-US" id="label_ExtraordinaryTaxCreditsIncome_2">The amount of operating income arising from extraordinary tax credits.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExtraordinaryTaxCreditsIncome" xlink:to="label_ExtraordinaryTaxCreditsIncome_2" xlink:title="Label : ExtraordinaryTaxCreditsIncome to label_ExtraordinaryTaxCreditsIncome_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RentalIncome" xlink:label="RentalIncome" xlink:title="RentalIncome" />
    <link:label xlink:type="resource" xlink:label="label_RentalIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RentalIncome" xml:lang="en-US" id="label_RentalIncome">Rental income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RentalIncome" xlink:to="label_RentalIncome" xlink:title="Label : RentalIncome to label_RentalIncome" />
    <link:label xlink:type="resource" xlink:label="label_RentalIncome_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_RentalIncome_1" xml:lang="en-US" id="label_RentalIncome_1">Property rental</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RentalIncome" xlink:to="label_RentalIncome_1" xlink:title="Label : RentalIncome to label_RentalIncome_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_RevenueFromMiscellaneousServices" xlink:label="RevenueFromMiscellaneousServices" xlink:title="RevenueFromMiscellaneousServices" />
    <link:label xlink:type="resource" xlink:label="label_RevenueFromMiscellaneousServices" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RevenueFromMiscellaneousServices" xml:lang="en-US" id="label_RevenueFromMiscellaneousServices">Revenue From Miscellaneous Services</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevenueFromMiscellaneousServices" xlink:to="label_RevenueFromMiscellaneousServices" xlink:title="Label : RevenueFromMiscellaneousServices to label_RevenueFromMiscellaneousServices" />
    <link:label xlink:type="resource" xlink:label="label_RevenueFromMiscellaneousServices_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_RevenueFromMiscellaneousServices_1" xml:lang="en-US" id="label_RevenueFromMiscellaneousServices_1">Revenue from miscellaneous services (administrative, commercial and IT services)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevenueFromMiscellaneousServices" xlink:to="label_RevenueFromMiscellaneousServices_1" xlink:title="Label : RevenueFromMiscellaneousServices to label_RevenueFromMiscellaneousServices_1" />
    <link:label xlink:type="resource" xlink:label="label_RevenueFromMiscellaneousServices_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_RevenueFromMiscellaneousServices_2" xml:lang="en-US" id="label_RevenueFromMiscellaneousServices_2">The amount of operating revenue arising from miscellaneous services.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevenueFromMiscellaneousServices" xlink:to="label_RevenueFromMiscellaneousServices_2" xlink:title="Label : RevenueFromMiscellaneousServices to label_RevenueFromMiscellaneousServices_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ContractualFineAndGasVoucherIncome" xlink:label="ContractualFineAndGasVoucherIncome" xlink:title="ContractualFineAndGasVoucherIncome" />
    <link:label xlink:type="resource" xlink:label="label_ContractualFineAndGasVoucherIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ContractualFineAndGasVoucherIncome" xml:lang="en-US" id="label_ContractualFineAndGasVoucherIncome">Contractual Fine And Gas Voucher Income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContractualFineAndGasVoucherIncome" xlink:to="label_ContractualFineAndGasVoucherIncome" xlink:title="Label : ContractualFineAndGasVoucherIncome to label_ContractualFineAndGasVoucherIncome" />
    <link:label xlink:type="resource" xlink:label="label_ContractualFineAndGasVoucherIncome_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ContractualFineAndGasVoucherIncome_1" xml:lang="en-US" id="label_ContractualFineAndGasVoucherIncome_1">Contractual fine and gas voucher</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContractualFineAndGasVoucherIncome" xlink:to="label_ContractualFineAndGasVoucherIncome_1" xlink:title="Label : ContractualFineAndGasVoucherIncome to label_ContractualFineAndGasVoucherIncome_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_MiscellaneousOtherOperatingIncome" xlink:label="MiscellaneousOtherOperatingIncome" xlink:title="MiscellaneousOtherOperatingIncome" />
    <link:label xlink:type="resource" xlink:label="label_MiscellaneousOtherOperatingIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MiscellaneousOtherOperatingIncome" xml:lang="en-US" id="label_MiscellaneousOtherOperatingIncome">Miscellaneous other operating income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MiscellaneousOtherOperatingIncome" xlink:to="label_MiscellaneousOtherOperatingIncome" xlink:title="Label : MiscellaneousOtherOperatingIncome to label_MiscellaneousOtherOperatingIncome" />
    <link:label xlink:type="resource" xlink:label="label_MiscellaneousOtherOperatingIncome_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_MiscellaneousOtherOperatingIncome_1" xml:lang="en-US" id="label_MiscellaneousOtherOperatingIncome_1">Others</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MiscellaneousOtherOperatingIncome" xlink:to="label_MiscellaneousOtherOperatingIncome_1" xlink:title="Label : MiscellaneousOtherOperatingIncome to label_MiscellaneousOtherOperatingIncome_1" />
    <link:label xlink:type="resource" xlink:label="label_OtherIncome_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherIncome_2" xml:lang="en-US" id="label_OtherIncome_2">Other operating income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherIncome" xlink:to="label_OtherIncome_2" xlink:title="Label : OtherIncome to label_OtherIncome_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_OtherOperatingExpenseAbstract" xlink:label="OtherOperatingExpenseAbstract" xlink:title="OtherOperatingExpenseAbstract" />
    <link:label xlink:type="resource" xlink:label="label_OtherOperatingExpenseAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherOperatingExpenseAbstract" xml:lang="en-US" id="label_OtherOperatingExpenseAbstract">Other Operating Expense [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherOperatingExpenseAbstract" xlink:to="label_OtherOperatingExpenseAbstract" xlink:title="Label : OtherOperatingExpenseAbstract to label_OtherOperatingExpenseAbstract" />
    <link:label xlink:type="resource" xlink:label="label_OtherOperatingExpenseAbstract_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherOperatingExpenseAbstract_1" xml:lang="en-US" id="label_OtherOperatingExpenseAbstract_1">Other operating expenses, net:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherOperatingExpenseAbstract" xlink:to="label_OtherOperatingExpenseAbstract_1" xlink:title="Label : OtherOperatingExpenseAbstract to label_OtherOperatingExpenseAbstract_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RentalExpense" xlink:label="RentalExpense" xlink:title="RentalExpense" />
    <link:label xlink:type="resource" xlink:label="label_RentalExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RentalExpense" xml:lang="en-US" id="label_RentalExpense">Rental expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RentalExpense" xlink:to="label_RentalExpense" xlink:title="Label : RentalExpense to label_RentalExpense" />
    <link:label xlink:type="resource" xlink:label="label_RentalExpense_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_RentalExpense_1" xml:lang="en-US" id="label_RentalExpense_1">Property rental</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RentalExpense" xlink:to="label_RentalExpense_1" xlink:title="Label : RentalExpense to label_RentalExpense_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_TaxExpensesOnOtherOperatingIncome" xlink:label="TaxExpensesOnOtherOperatingIncome" xlink:title="TaxExpensesOnOtherOperatingIncome" />
    <link:label xlink:type="resource" xlink:label="label_TaxExpensesOnOtherOperatingIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TaxExpensesOnOtherOperatingIncome" xml:lang="en-US" id="label_TaxExpensesOnOtherOperatingIncome">Tax Expenses On Other Operating Income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxExpensesOnOtherOperatingIncome" xlink:to="label_TaxExpensesOnOtherOperatingIncome" xlink:title="Label : TaxExpensesOnOtherOperatingIncome to label_TaxExpensesOnOtherOperatingIncome" />
    <link:label xlink:type="resource" xlink:label="label_TaxExpensesOnOtherOperatingIncome_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_TaxExpensesOnOtherOperatingIncome_1" xml:lang="en-US" id="label_TaxExpensesOnOtherOperatingIncome_1">Taxes on other operating income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxExpensesOnOtherOperatingIncome" xlink:to="label_TaxExpensesOnOtherOperatingIncome_1" xlink:title="Label : TaxExpensesOnOtherOperatingIncome to label_TaxExpensesOnOtherOperatingIncome_1" />
    <link:label xlink:type="resource" xlink:label="label_TaxExpensesOnOtherOperatingIncome_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_TaxExpensesOnOtherOperatingIncome_2" xml:lang="en-US" id="label_TaxExpensesOnOtherOperatingIncome_2">The amount of tax expenses on other operating income.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxExpensesOnOtherOperatingIncome" xlink:to="label_TaxExpensesOnOtherOperatingIncome_2" xlink:title="Label : TaxExpensesOnOtherOperatingIncome to label_TaxExpensesOnOtherOperatingIncome_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ExpensesFromFinesForTaxInfractions" xlink:label="ExpensesFromFinesForTaxInfractions" xlink:title="ExpensesFromFinesForTaxInfractions" />
    <link:label xlink:type="resource" xlink:label="label_ExpensesFromFinesForTaxInfractions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ExpensesFromFinesForTaxInfractions" xml:lang="en-US" id="label_ExpensesFromFinesForTaxInfractions">Expenses from Fines For Tax Infractions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExpensesFromFinesForTaxInfractions" xlink:to="label_ExpensesFromFinesForTaxInfractions" xlink:title="Label : ExpensesFromFinesForTaxInfractions to label_ExpensesFromFinesForTaxInfractions" />
    <link:label xlink:type="resource" xlink:label="label_ExpensesFromFinesForTaxInfractions_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_ExpensesFromFinesForTaxInfractions_1" xml:lang="en-US" id="label_ExpensesFromFinesForTaxInfractions_1">Fines for tax infractions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExpensesFromFinesForTaxInfractions" xlink:to="label_ExpensesFromFinesForTaxInfractions_1" xlink:title="Label : ExpensesFromFinesForTaxInfractions to label_ExpensesFromFinesForTaxInfractions_1" />
    <link:label xlink:type="resource" xlink:label="label_ExpensesFromFinesForTaxInfractions_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ExpensesFromFinesForTaxInfractions_2" xml:lang="en-US" id="label_ExpensesFromFinesForTaxInfractions_2">The amount of operating expense arising from fines for tax infractions.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExpensesFromFinesForTaxInfractions" xlink:to="label_ExpensesFromFinesForTaxInfractions_2" xlink:title="Label : ExpensesFromFinesForTaxInfractions to label_ExpensesFromFinesForTaxInfractions_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ExpensesFromDecarbonizationObligation" xlink:label="ExpensesFromDecarbonizationObligation" xlink:title="ExpensesFromDecarbonizationObligation" />
    <link:label xlink:type="resource" xlink:label="label_ExpensesFromDecarbonizationObligation" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ExpensesFromDecarbonizationObligation" xml:lang="en-US" id="label_ExpensesFromDecarbonizationObligation">Expenses from Decarbonization Obligation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExpensesFromDecarbonizationObligation" xlink:to="label_ExpensesFromDecarbonizationObligation" xlink:title="Label : ExpensesFromDecarbonizationObligation to label_ExpensesFromDecarbonizationObligation" />
    <link:label xlink:type="resource" xlink:label="label_ExpensesFromDecarbonizationObligation_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_ExpensesFromDecarbonizationObligation_1" xml:lang="en-US" id="label_ExpensesFromDecarbonizationObligation_1">Decarbonization obligation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExpensesFromDecarbonizationObligation" xlink:to="label_ExpensesFromDecarbonizationObligation_1" xlink:title="Label : ExpensesFromDecarbonizationObligation to label_ExpensesFromDecarbonizationObligation_1" />
    <link:label xlink:type="resource" xlink:label="label_ExpensesFromDecarbonizationObligation_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ExpensesFromDecarbonizationObligation_2" xml:lang="en-US" id="label_ExpensesFromDecarbonizationObligation_2">The amount of operating expense arising from decarbonization obligation.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExpensesFromDecarbonizationObligation" xlink:to="label_ExpensesFromDecarbonizationObligation_2" xlink:title="Label : ExpensesFromDecarbonizationObligation to label_ExpensesFromDecarbonizationObligation_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_MiscellaneousOtherOperatingExpense" xlink:label="MiscellaneousOtherOperatingExpense" xlink:title="MiscellaneousOtherOperatingExpense" />
    <link:label xlink:type="resource" xlink:label="label_MiscellaneousOtherOperatingExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MiscellaneousOtherOperatingExpense" xml:lang="en-US" id="label_MiscellaneousOtherOperatingExpense">Miscellaneous other operating expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MiscellaneousOtherOperatingExpense" xlink:to="label_MiscellaneousOtherOperatingExpense" xlink:title="Label : MiscellaneousOtherOperatingExpense to label_MiscellaneousOtherOperatingExpense" />
    <link:label xlink:type="resource" xlink:label="label_MiscellaneousOtherOperatingExpense_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_MiscellaneousOtherOperatingExpense_1" xml:lang="en-US" id="label_MiscellaneousOtherOperatingExpense_1">Others</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MiscellaneousOtherOperatingExpense" xlink:to="label_MiscellaneousOtherOperatingExpense_1" xlink:title="Label : MiscellaneousOtherOperatingExpense to label_MiscellaneousOtherOperatingExpense_1" />
    <link:label xlink:type="resource" xlink:label="label_OtherExpenseByFunction_2" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:title="label_OtherExpenseByFunction_2" xml:lang="en-US" id="label_OtherExpenseByFunction_2">Total other operating expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherExpenseByFunction" xlink:to="label_OtherExpenseByFunction_2" xlink:title="Label : OtherExpenseByFunction to label_OtherExpenseByFunction_2" />
    <link:label xlink:type="resource" xlink:label="label_OtherOperatingIncomeExpense_4" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_OtherOperatingIncomeExpense_4" xml:lang="en-US" id="label_OtherOperatingIncomeExpense_4">Other operating income, net</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherOperatingIncomeExpense" xlink:to="label_OtherOperatingIncomeExpense_4" xlink:title="Label : OtherOperatingIncomeExpense to label_OtherOperatingIncomeExpense_4" />
    <link:label xlink:type="resource" xlink:label="label_GainsLossesOnDisposalsOfNoncurrentAssets_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_GainsLossesOnDisposalsOfNoncurrentAssets_2" xml:lang="en-US" id="label_GainsLossesOnDisposalsOfNoncurrentAssets_2">Gain (loss) on disposal of PP&amp;E and intangibles</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainsLossesOnDisposalsOfNoncurrentAssets" xlink:to="label_GainsLossesOnDisposalsOfNoncurrentAssets_2" xlink:title="Label : GainsLossesOnDisposalsOfNoncurrentAssets to label_GainsLossesOnDisposalsOfNoncurrentAssets_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ClassifiedByFunctionAbstract" xlink:label="ClassifiedByFunctionAbstract" xlink:title="ClassifiedByFunctionAbstract" />
    <link:label xlink:type="resource" xlink:label="label_ClassifiedByFunctionAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ClassifiedByFunctionAbstract" xml:lang="en-US" id="label_ClassifiedByFunctionAbstract">Classified By Function [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClassifiedByFunctionAbstract" xlink:to="label_ClassifiedByFunctionAbstract" xlink:title="Label : ClassifiedByFunctionAbstract to label_ClassifiedByFunctionAbstract" />
    <link:label xlink:type="resource" xlink:label="label_ClassifiedByFunctionAbstract_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ClassifiedByFunctionAbstract_1" xml:lang="en-US" id="label_ClassifiedByFunctionAbstract_1">Classified as:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClassifiedByFunctionAbstract" xlink:to="label_ClassifiedByFunctionAbstract_1" xlink:title="Label : ClassifiedByFunctionAbstract to label_ClassifiedByFunctionAbstract_1" />
    <link:label xlink:type="resource" xlink:label="label_DividendsRecognisedAsDistributionsToOwnersOfParentRelatingToCurrentYear_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DividendsRecognisedAsDistributionsToOwnersOfParentRelatingToCurrentYear_1" xml:lang="en-US" id="label_DividendsRecognisedAsDistributionsToOwnersOfParentRelatingToCurrentYear_1">Total of distribution</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DividendsRecognisedAsDistributionsToOwnersOfParentRelatingToCurrentYear" xlink:to="label_DividendsRecognisedAsDistributionsToOwnersOfParentRelatingToCurrentYear_1" xlink:title="Label : DividendsRecognisedAsDistributionsToOwnersOfParentRelatingToCurrentYear to label_DividendsRecognisedAsDistributionsToOwnersOfParentRelatingToCurrentYear_1" />
    <link:label xlink:type="resource" xlink:label="label_InterimDividends_3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_InterimDividends_3" xml:lang="en-US" id="label_InterimDividends_3">Interim dividends</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterimDividends" xlink:to="label_InterimDividends_3" xlink:title="Label : InterimDividends to label_InterimDividends_3" />
    <link:label xlink:type="resource" xlink:label="label_ProposedDividends_3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ProposedDividends_3" xml:lang="en-US" id="label_ProposedDividends_3">Proposed Dividends</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProposedDividends" xlink:to="label_ProposedDividends_3" xlink:title="Label : ProposedDividends to label_ProposedDividends_3" />
    <link:label xlink:type="resource" xlink:label="label_AllocationOfDividendsAbstract_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AllocationOfDividendsAbstract_1" xml:lang="en-US" id="label_AllocationOfDividendsAbstract_1">Allocation of dividends</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllocationOfDividendsAbstract" xlink:to="label_AllocationOfDividendsAbstract_1" xlink:title="Label : AllocationOfDividendsAbstract to label_AllocationOfDividendsAbstract_1" />
    <link:label xlink:type="resource" xlink:label="label_ProposedDividends_4" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:title="label_ProposedDividends_4" xml:lang="en-US" id="label_ProposedDividends_4">Balance of proposed dividends (R$ 0.17 per share)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProposedDividends" xlink:to="label_ProposedDividends_4" xlink:title="Label : ProposedDividends to label_ProposedDividends_4" />
    <link:label xlink:type="resource" xlink:label="label_AllocationOfNetIncomeToInvestmentsStatutoryReserve_3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_AllocationOfNetIncomeToInvestmentsStatutoryReserve_3" xml:lang="en-US" id="label_AllocationOfNetIncomeToInvestmentsStatutoryReserve_3">Statutory reserve</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllocationOfNetIncomeToInvestmentsStatutoryReserve" xlink:to="label_AllocationOfNetIncomeToInvestmentsStatutoryReserve_3" xlink:title="Label : AllocationOfNetIncomeToInvestmentsStatutoryReserve to label_AllocationOfNetIncomeToInvestmentsStatutoryReserve_3" />
    <link:label xlink:type="resource" xlink:label="label_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityAbstract_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityAbstract_1" xml:lang="en-US" id="label_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityAbstract_1">Allocation of net income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityAbstract" xlink:to="label_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityAbstract_1" xlink:title="Label : ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityAbstract to label_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityAbstract_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_PrescribedDividendsRecognised" xlink:label="PrescribedDividendsRecognised" xlink:title="PrescribedDividendsRecognised" />
    <link:label xlink:type="resource" xlink:label="label_PrescribedDividendsRecognised" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_PrescribedDividendsRecognised" xml:lang="en-US" id="label_PrescribedDividendsRecognised">Prescribed dividends</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PrescribedDividendsRecognised" xlink:to="label_PrescribedDividendsRecognised" xlink:title="Label : PrescribedDividendsRecognised to label_PrescribedDividendsRecognised" />
    <link:label xlink:type="resource" xlink:label="label_PrescribedDividendsRecognised_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PrescribedDividendsRecognised_1" xml:lang="en-US" id="label_PrescribedDividendsRecognised_1">Prescribed Dividends Recognised</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PrescribedDividendsRecognised" xlink:to="label_PrescribedDividendsRecognised_1" xlink:title="Label : PrescribedDividendsRecognised to label_PrescribedDividendsRecognised_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ReclassificationToLiabilitiesOfSubsidiariesHeldForSale" xlink:label="ReclassificationToLiabilitiesOfSubsidiariesHeldForSale" xlink:title="ReclassificationToLiabilitiesOfSubsidiariesHeldForSale" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReclassificationToLiabilitiesOfSubsidiariesHeldForSale" xlink:to="label_ReclassificationToLiabilitiesOfSubsidiariesHeldForSale" xlink:title="Label : ReclassificationToLiabilitiesOfSubsidiariesHeldForSale to label_ReclassificationToLiabilitiesOfSubsidiariesHeldForSale" />
    <link:label xlink:type="resource" xlink:label="label_ReclassificationToLiabilitiesOfSubsidiariesHeldForSale_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ReclassificationToLiabilitiesOfSubsidiariesHeldForSale_1" xml:lang="en-US" id="label_ReclassificationToLiabilitiesOfSubsidiariesHeldForSale_1">Reclassification to liabilities of subsidiaries held for sale</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReclassificationToLiabilitiesOfSubsidiariesHeldForSale" xlink:to="label_ReclassificationToLiabilitiesOfSubsidiariesHeldForSale_1" xlink:title="Label : ReclassificationToLiabilitiesOfSubsidiariesHeldForSale to label_ReclassificationToLiabilitiesOfSubsidiariesHeldForSale_1" />
    <link:label xlink:type="resource" xlink:label="label_ReclassificationToLiabilitiesOfSubsidiariesHeldForSale_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ReclassificationToLiabilitiesOfSubsidiariesHeldForSale_2" xml:lang="en-US" id="label_ReclassificationToLiabilitiesOfSubsidiariesHeldForSale_2">The increase (decrease) in dividends payable through a reclassification to liabilities of subsidiaries held for sale.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReclassificationToLiabilitiesOfSubsidiariesHeldForSale" xlink:to="label_ReclassificationToLiabilitiesOfSubsidiariesHeldForSale_2" xlink:title="Label : ReclassificationToLiabilitiesOfSubsidiariesHeldForSale to label_ReclassificationToLiabilitiesOfSubsidiariesHeldForSale_2" />
    <link:label xlink:type="resource" xlink:label="label_InterimDividendsPerShare_3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_InterimDividendsPerShare_3" xml:lang="en-US" id="label_InterimDividendsPerShare_3">Interim dividends, paid per share</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterimDividendsPerShare" xlink:to="label_InterimDividendsPerShare_3" xlink:title="Label : InterimDividendsPerShare to label_InterimDividendsPerShare_3" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ThresholdPercentageOfShareCapitalForLegalReserveAllocation" xlink:label="ThresholdPercentageOfShareCapitalForLegalReserveAllocation" xlink:title="ThresholdPercentageOfShareCapitalForLegalReserveAllocation" />
    <link:label xlink:type="resource" xlink:label="label_ThresholdPercentageOfShareCapitalForLegalReserveAllocation" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ThresholdPercentageOfShareCapitalForLegalReserveAllocation" xml:lang="en-US" id="label_ThresholdPercentageOfShareCapitalForLegalReserveAllocation">Threshold Percentage of Share Capital for Legal Reserve Allocation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ThresholdPercentageOfShareCapitalForLegalReserveAllocation" xlink:to="label_ThresholdPercentageOfShareCapitalForLegalReserveAllocation" xlink:title="Label : ThresholdPercentageOfShareCapitalForLegalReserveAllocation to label_ThresholdPercentageOfShareCapitalForLegalReserveAllocation" />
    <link:label xlink:type="resource" xlink:label="label_ThresholdPercentageOfShareCapitalForLegalReserveAllocation_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ThresholdPercentageOfShareCapitalForLegalReserveAllocation_1" xml:lang="en-US" id="label_ThresholdPercentageOfShareCapitalForLegalReserveAllocation_1">Threshold percentage of share capital for legal reserve allocation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ThresholdPercentageOfShareCapitalForLegalReserveAllocation" xlink:to="label_ThresholdPercentageOfShareCapitalForLegalReserveAllocation_1" xlink:title="Label : ThresholdPercentageOfShareCapitalForLegalReserveAllocation to label_ThresholdPercentageOfShareCapitalForLegalReserveAllocation_1" />
    <link:label xlink:type="resource" xlink:label="label_ThresholdPercentageOfShareCapitalForLegalReserveAllocation_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ThresholdPercentageOfShareCapitalForLegalReserveAllocation_2" xml:lang="en-US" id="label_ThresholdPercentageOfShareCapitalForLegalReserveAllocation_2">The percentage of threshold limit of share capital for legal reserve allocation.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ThresholdPercentageOfShareCapitalForLegalReserveAllocation" xlink:to="label_ThresholdPercentageOfShareCapitalForLegalReserveAllocation_2" xlink:title="Label : ThresholdPercentageOfShareCapitalForLegalReserveAllocation to label_ThresholdPercentageOfShareCapitalForLegalReserveAllocation_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_LegalReserves" xlink:label="LegalReserves" xlink:title="LegalReserves" />
    <link:label xlink:type="resource" xlink:label="label_LegalReserves" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LegalReserves" xml:lang="en-US" id="label_LegalReserves">Legal reserves</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LegalReserves" xlink:to="label_LegalReserves" xlink:title="Label : LegalReserves to label_LegalReserves" />
    <link:label xlink:type="resource" xlink:label="label_LegalReserves_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_LegalReserves_1" xml:lang="en-US" id="label_LegalReserves_1">A component of equity representing reserves created based on legal requirements and it may be used to increase capital or to absorb losses, but may not be distributed as dividends.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LegalReserves" xlink:to="label_LegalReserves_1" xlink:title="Label : LegalReserves to label_LegalReserves_1" />
    <link:label xlink:type="resource" xlink:label="label_LegalReserves_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LegalReserves_2" xml:lang="en-US" id="label_LegalReserves_2">Legal Reserves</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LegalReserves" xlink:to="label_LegalReserves_2" xlink:title="Label : LegalReserves to label_LegalReserves_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ThresholdPercentageOfShareCapitalForInvestmentsReserveAllocation" xlink:label="ThresholdPercentageOfShareCapitalForInvestmentsReserveAllocation" xlink:title="ThresholdPercentageOfShareCapitalForInvestmentsReserveAllocation" />
    <link:label xlink:type="resource" xlink:label="label_ThresholdPercentageOfShareCapitalForInvestmentsReserveAllocation" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ThresholdPercentageOfShareCapitalForInvestmentsReserveAllocation" xml:lang="en-US" id="label_ThresholdPercentageOfShareCapitalForInvestmentsReserveAllocation">Threshold Percentage of Share Capital for Investments Reserve Allocation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ThresholdPercentageOfShareCapitalForInvestmentsReserveAllocation" xlink:to="label_ThresholdPercentageOfShareCapitalForInvestmentsReserveAllocation" xlink:title="Label : ThresholdPercentageOfShareCapitalForInvestmentsReserveAllocation to label_ThresholdPercentageOfShareCapitalForInvestmentsReserveAllocation" />
    <link:label xlink:type="resource" xlink:label="label_ThresholdPercentageOfShareCapitalForInvestmentsReserveAllocation_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ThresholdPercentageOfShareCapitalForInvestmentsReserveAllocation_1" xml:lang="en-US" id="label_ThresholdPercentageOfShareCapitalForInvestmentsReserveAllocation_1">Threshold percentage of share capital for investments reserve allocation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ThresholdPercentageOfShareCapitalForInvestmentsReserveAllocation" xlink:to="label_ThresholdPercentageOfShareCapitalForInvestmentsReserveAllocation_1" xlink:title="Label : ThresholdPercentageOfShareCapitalForInvestmentsReserveAllocation to label_ThresholdPercentageOfShareCapitalForInvestmentsReserveAllocation_1" />
    <link:label xlink:type="resource" xlink:label="label_ThresholdPercentageOfShareCapitalForInvestmentsReserveAllocation_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ThresholdPercentageOfShareCapitalForInvestmentsReserveAllocation_2" xml:lang="en-US" id="label_ThresholdPercentageOfShareCapitalForInvestmentsReserveAllocation_2">The percentage of threshold limit of share capital for investments reserve allocation.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ThresholdPercentageOfShareCapitalForInvestmentsReserveAllocation" xlink:to="label_ThresholdPercentageOfShareCapitalForInvestmentsReserveAllocation_2" xlink:title="Label : ThresholdPercentageOfShareCapitalForInvestmentsReserveAllocation to label_ThresholdPercentageOfShareCapitalForInvestmentsReserveAllocation_2" />
    <link:label xlink:type="resource" xlink:label="label_InterimDividends_4" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_InterimDividends_4" xml:lang="en-US" id="label_InterimDividends_4">Intermediary dividends</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterimDividends" xlink:to="label_InterimDividends_4" xlink:title="Label : InterimDividends to label_InterimDividends_4" />
    <link:label xlink:type="resource" xlink:label="label_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityAbstract_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityAbstract_2" xml:lang="en-US" id="label_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityAbstract_2">Allocation of net income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityAbstract" xlink:to="label_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityAbstract_2" xlink:title="Label : ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityAbstract to label_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityAbstract_2" />
    <link:label xlink:type="resource" xlink:label="label_AllocationToLegalReserves_3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_AllocationToLegalReserves_3" xml:lang="en-US" id="label_AllocationToLegalReserves_3">Legal reserve (5% of the net income)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllocationToLegalReserves" xlink:to="label_AllocationToLegalReserves_3" xlink:title="Label : AllocationToLegalReserves to label_AllocationToLegalReserves_3" />
    <link:label xlink:type="resource" xlink:label="label_MinimumMandatoryDividends_3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_MinimumMandatoryDividends_3" xml:lang="en-US" id="label_MinimumMandatoryDividends_3">Minimum mandatory dividends for the year (50% of the adjusted net income)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MinimumMandatoryDividends" xlink:to="label_MinimumMandatoryDividends_3" xlink:title="Label : MinimumMandatoryDividends to label_MinimumMandatoryDividends_3" />
    <link:label xlink:type="resource" xlink:label="label_MinimumMandatoryDividends_4" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xlink:title="label_MinimumMandatoryDividends_4" xml:lang="en-US" id="label_MinimumMandatoryDividends_4">Minimum mandatory dividends for the year (50% of the adjusted net income)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MinimumMandatoryDividends" xlink:to="label_MinimumMandatoryDividends_4" xlink:title="Label : MinimumMandatoryDividends to label_MinimumMandatoryDividends_4" />
    <link:label xlink:type="resource" xlink:label="label_ProposedDividends_5" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_ProposedDividends_5" xml:lang="en-US" id="label_ProposedDividends_5">Balance of proposed dividends (R$ 0.17 per share)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProposedDividends" xlink:to="label_ProposedDividends_5" xlink:title="Label : ProposedDividends to label_ProposedDividends_5" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PrescribedDividendsRecognised" xlink:to="label_PrescribedDividendsRecognised_2" xlink:title="Label : PrescribedDividendsRecognised to label_PrescribedDividendsRecognised_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill" xlink:label="DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill" xlink:title="DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill" />
    <link:label xlink:type="resource" xlink:label="label_DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill" xml:lang="en-US" id="label_DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill">Intangible assets, reclassification to assets held for sale</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill" xlink:to="label_DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill" xlink:title="Label : DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill to label_DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_BasicEarningsPerShareAbstract" xlink:label="BasicEarningsPerShareAbstract" xlink:title="BasicEarningsPerShareAbstract" />
    <link:label xlink:type="resource" xlink:label="label_BasicEarningsPerShareAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_BasicEarningsPerShareAbstract" xml:lang="en-US" id="label_BasicEarningsPerShareAbstract">Basic earnings per share [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BasicEarningsPerShareAbstract" xlink:to="label_BasicEarningsPerShareAbstract" xlink:title="Label : BasicEarningsPerShareAbstract to label_BasicEarningsPerShareAbstract" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill" xlink:to="label_DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill_1" xlink:title="Label : DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill to label_DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ProfitLossFromContinuingOperationsAttributableToOrdinaryEquityHoldersOfParentEntity" xlink:label="ProfitLossFromContinuingOperationsAttributableToOrdinaryEquityHoldersOfParentEntity" xlink:title="ProfitLossFromContinuingOperationsAttributableToOrdinaryEquityHoldersOfParentEntity" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitLossFromContinuingOperationsAttributableToOrdinaryEquityHoldersOfParentEntity" xlink:to="label_ProfitLossFromContinuingOperationsAttributableToOrdinaryEquityHoldersOfParentEntity" xlink:title="Label : ProfitLossFromContinuingOperationsAttributableToOrdinaryEquityHoldersOfParentEntity to label_ProfitLossFromContinuingOperationsAttributableToOrdinaryEquityHoldersOfParentEntity" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ProfitLossFromDiscontinuedOperationsAttributableToOrdinaryEquityHoldersOfParentEntity" xlink:label="ProfitLossFromDiscontinuedOperationsAttributableToOrdinaryEquityHoldersOfParentEntity" xlink:title="ProfitLossFromDiscontinuedOperationsAttributableToOrdinaryEquityHoldersOfParentEntity" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitLossFromDiscontinuedOperationsAttributableToOrdinaryEquityHoldersOfParentEntity" xlink:to="label_ProfitLossFromDiscontinuedOperationsAttributableToOrdinaryEquityHoldersOfParentEntity" xlink:title="Label : ProfitLossFromDiscontinuedOperationsAttributableToOrdinaryEquityHoldersOfParentEntity to label_ProfitLossFromDiscontinuedOperationsAttributableToOrdinaryEquityHoldersOfParentEntity" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" xlink:label="ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" xlink:title="ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" xlink:to="label_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" xlink:title="Label : ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity to label_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" />
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset" xlink:label="ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset" xlink:title="ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset" />
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    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DefinedContributionPensionPlanReversionFundReclassifiedToAssetsHeldForSale" xlink:label="DefinedContributionPensionPlanReversionFundReclassifiedToAssetsHeldForSale" xlink:title="DefinedContributionPensionPlanReversionFundReclassifiedToAssetsHeldForSale" />
    <link:label xlink:type="resource" xlink:label="label_DefinedContributionPensionPlanReversionFundReclassifiedToAssetsHeldForSale" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DefinedContributionPensionPlanReversionFundReclassifiedToAssetsHeldForSale" xml:lang="en-US" id="label_DefinedContributionPensionPlanReversionFundReclassifiedToAssetsHeldForSale">Defined Contribution Pension Plan Reversion Fund Reclassified to Assets Held for Sale</link:label>
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    <link:label xlink:type="resource" xlink:label="label_DefinedContributionPensionPlanReversionFundReclassifiedToAssetsHeldForSale_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DefinedContributionPensionPlanReversionFundReclassifiedToAssetsHeldForSale_2" xml:lang="en-US" id="label_DefinedContributionPensionPlanReversionFundReclassifiedToAssetsHeldForSale_2">Defined contribution pension fund reclassified to assets held for sale</link:label>
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    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ContributionsToPlanByEmployerPortionOfReversionFund" xlink:label="ContributionsToPlanByEmployerPortionOfReversionFund" xlink:title="ContributionsToPlanByEmployerPortionOfReversionFund" />
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    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DemographicAssumptionPercentageOfReasonablyPossibleDecreaseInMortalityTableForOtherBenefits" xlink:label="DemographicAssumptionPercentageOfReasonablyPossibleDecreaseInMortalityTableForOtherBenefits" xlink:title="DemographicAssumptionPercentageOfReasonablyPossibleDecreaseInMortalityTableForOtherBenefits" />
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_WeightedAverageSharesAndAdjustedWeightedAverageSharesAbstract" xlink:label="WeightedAverageSharesAndAdjustedWeightedAverageSharesAbstract" xlink:title="WeightedAverageSharesAndAdjustedWeightedAverageSharesAbstract" />
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    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NumberOfStoresWhichHaveNotYetMetPerformanceRequirements" xlink:label="NumberOfStoresWhichHaveNotYetMetPerformanceRequirements" xlink:title="NumberOfStoresWhichHaveNotYetMetPerformanceRequirements" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfStoresWhichHaveNotYetMetPerformanceRequirements" xlink:to="label_NumberOfStoresWhichHaveNotYetMetPerformanceRequirements" xlink:title="Label : NumberOfStoresWhichHaveNotYetMetPerformanceRequirements to label_NumberOfStoresWhichHaveNotYetMetPerformanceRequirements" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfStoresWhichHaveNotYetMetPerformanceRequirements" xlink:to="label_NumberOfStoresWhichHaveNotYetMetPerformanceRequirements_2" xlink:title="Label : NumberOfStoresWhichHaveNotYetMetPerformanceRequirements to label_NumberOfStoresWhichHaveNotYetMetPerformanceRequirements_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ExchangePeriodOfLoyaltyProgramPointsForCustomers" xlink:label="ExchangePeriodOfLoyaltyProgramPointsForCustomers" xlink:title="ExchangePeriodOfLoyaltyProgramPointsForCustomers" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExchangePeriodOfLoyaltyProgramPointsForCustomers" xlink:to="label_ExchangePeriodOfLoyaltyProgramPointsForCustomers" xlink:title="Label : ExchangePeriodOfLoyaltyProgramPointsForCustomers to label_ExchangePeriodOfLoyaltyProgramPointsForCustomers" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExchangePeriodOfLoyaltyProgramPointsForCustomers" xlink:to="label_ExchangePeriodOfLoyaltyProgramPointsForCustomers_1" xlink:title="Label : ExchangePeriodOfLoyaltyProgramPointsForCustomers to label_ExchangePeriodOfLoyaltyProgramPointsForCustomers_1" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExchangePeriodOfLoyaltyProgramPointsForCustomers" xlink:to="label_ExchangePeriodOfLoyaltyProgramPointsForCustomers_2" xlink:title="Label : ExchangePeriodOfLoyaltyProgramPointsForCustomers to label_ExchangePeriodOfLoyaltyProgramPointsForCustomers_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DeferredRevenueReclassifiedToALiabilityHeldForSale" xlink:label="DeferredRevenueReclassifiedToALiabilityHeldForSale" xlink:title="DeferredRevenueReclassifiedToALiabilityHeldForSale" />
    <link:label xlink:type="resource" xlink:label="label_DeferredRevenueReclassifiedToALiabilityHeldForSale" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DeferredRevenueReclassifiedToALiabilityHeldForSale" xml:lang="en-US" id="label_DeferredRevenueReclassifiedToALiabilityHeldForSale">Deferred Revenue Reclassified to A Liability Held for Sale</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredRevenueReclassifiedToALiabilityHeldForSale" xlink:to="label_DeferredRevenueReclassifiedToALiabilityHeldForSale" xlink:title="Label : DeferredRevenueReclassifiedToALiabilityHeldForSale to label_DeferredRevenueReclassifiedToALiabilityHeldForSale" />
    <link:label xlink:type="resource" xlink:label="label_DeferredRevenueReclassifiedToALiabilityHeldForSale_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DeferredRevenueReclassifiedToALiabilityHeldForSale_1" xml:lang="en-US" id="label_DeferredRevenueReclassifiedToALiabilityHeldForSale_1">Deferred revenue reclassified to a liability held for sale</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredRevenueReclassifiedToALiabilityHeldForSale" xlink:to="label_DeferredRevenueReclassifiedToALiabilityHeldForSale_1" xlink:title="Label : DeferredRevenueReclassifiedToALiabilityHeldForSale to label_DeferredRevenueReclassifiedToALiabilityHeldForSale_1" />
    <link:label xlink:type="resource" xlink:label="label_DeferredRevenueReclassifiedToALiabilityHeldForSale_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DeferredRevenueReclassifiedToALiabilityHeldForSale_2" xml:lang="en-US" id="label_DeferredRevenueReclassifiedToALiabilityHeldForSale_2">The amount of deferred revenue is reclassified as a liability as held for sale.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredRevenueReclassifiedToALiabilityHeldForSale" xlink:to="label_DeferredRevenueReclassifiedToALiabilityHeldForSale_2" xlink:title="Label : DeferredRevenueReclassifiedToALiabilityHeldForSale to label_DeferredRevenueReclassifiedToALiabilityHeldForSale_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_PostEmploymentBenefitExpenseInProfitOrLossFromContinuingOperationsDefinedBenefitPlans" xlink:label="PostEmploymentBenefitExpenseInProfitOrLossFromContinuingOperationsDefinedBenefitPlans" xlink:title="PostEmploymentBenefitExpenseInProfitOrLossFromContinuingOperationsDefinedBenefitPlans" />
    <link:label xlink:type="resource" xlink:label="label_PostEmploymentBenefitExpenseInProfitOrLossFromContinuingOperationsDefinedBenefitPlans" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_PostEmploymentBenefitExpenseInProfitOrLossFromContinuingOperationsDefinedBenefitPlans" xml:lang="en-US" id="label_PostEmploymentBenefitExpenseInProfitOrLossFromContinuingOperationsDefinedBenefitPlans">Expense for the year of continuing operations</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PostEmploymentBenefitExpenseInProfitOrLossFromContinuingOperationsDefinedBenefitPlans" xlink:to="label_PostEmploymentBenefitExpenseInProfitOrLossFromContinuingOperationsDefinedBenefitPlans" xlink:title="Label : PostEmploymentBenefitExpenseInProfitOrLossFromContinuingOperationsDefinedBenefitPlans to label_PostEmploymentBenefitExpenseInProfitOrLossFromContinuingOperationsDefinedBenefitPlans" />
    <link:label xlink:type="resource" xlink:label="label_PostEmploymentBenefitExpenseInProfitOrLossFromContinuingOperationsDefinedBenefitPlans_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_PostEmploymentBenefitExpenseInProfitOrLossFromContinuingOperationsDefinedBenefitPlans_1" xml:lang="en-US" id="label_PostEmploymentBenefitExpenseInProfitOrLossFromContinuingOperationsDefinedBenefitPlans_1">The amount of post-employment benefit expense included in profit or loss from continuing operations, relating to defined benefit plans.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PostEmploymentBenefitExpenseInProfitOrLossFromContinuingOperationsDefinedBenefitPlans" xlink:to="label_PostEmploymentBenefitExpenseInProfitOrLossFromContinuingOperationsDefinedBenefitPlans_1" xlink:title="Label : PostEmploymentBenefitExpenseInProfitOrLossFromContinuingOperationsDefinedBenefitPlans to label_PostEmploymentBenefitExpenseInProfitOrLossFromContinuingOperationsDefinedBenefitPlans_1" />
    <link:label xlink:type="resource" xlink:label="label_PostEmploymentBenefitExpenseInProfitOrLossFromContinuingOperationsDefinedBenefitPlans_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PostEmploymentBenefitExpenseInProfitOrLossFromContinuingOperationsDefinedBenefitPlans_2" xml:lang="en-US" id="label_PostEmploymentBenefitExpenseInProfitOrLossFromContinuingOperationsDefinedBenefitPlans_2">Post-employment Benefit Expense in Profit or Loss from Continuing Operations, Defined Benefit Plans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PostEmploymentBenefitExpenseInProfitOrLossFromContinuingOperationsDefinedBenefitPlans" xlink:to="label_PostEmploymentBenefitExpenseInProfitOrLossFromContinuingOperationsDefinedBenefitPlans_2" xlink:title="Label : PostEmploymentBenefitExpenseInProfitOrLossFromContinuingOperationsDefinedBenefitPlans to label_PostEmploymentBenefitExpenseInProfitOrLossFromContinuingOperationsDefinedBenefitPlans_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_PostEmploymentBenefitExpenseInProfitOrLossFromDiscontinuedOperationsDefinedBenefitPlans" xlink:label="PostEmploymentBenefitExpenseInProfitOrLossFromDiscontinuedOperationsDefinedBenefitPlans" xlink:title="PostEmploymentBenefitExpenseInProfitOrLossFromDiscontinuedOperationsDefinedBenefitPlans" />
    <link:label xlink:type="resource" xlink:label="label_PostEmploymentBenefitExpenseInProfitOrLossFromDiscontinuedOperationsDefinedBenefitPlans" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_PostEmploymentBenefitExpenseInProfitOrLossFromDiscontinuedOperationsDefinedBenefitPlans" xml:lang="en-US" id="label_PostEmploymentBenefitExpenseInProfitOrLossFromDiscontinuedOperationsDefinedBenefitPlans">Expense (revenue) for the year of discontinued operations</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PostEmploymentBenefitExpenseInProfitOrLossFromDiscontinuedOperationsDefinedBenefitPlans" xlink:to="label_PostEmploymentBenefitExpenseInProfitOrLossFromDiscontinuedOperationsDefinedBenefitPlans" xlink:title="Label : PostEmploymentBenefitExpenseInProfitOrLossFromDiscontinuedOperationsDefinedBenefitPlans to label_PostEmploymentBenefitExpenseInProfitOrLossFromDiscontinuedOperationsDefinedBenefitPlans" />
    <link:label xlink:type="resource" xlink:label="label_PostEmploymentBenefitExpenseInProfitOrLossFromDiscontinuedOperationsDefinedBenefitPlans_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_PostEmploymentBenefitExpenseInProfitOrLossFromDiscontinuedOperationsDefinedBenefitPlans_1" xml:lang="en-US" id="label_PostEmploymentBenefitExpenseInProfitOrLossFromDiscontinuedOperationsDefinedBenefitPlans_1">The amount of post-employment benefit expense included in profit or loss from discontinued operations, relating to defined benefit plans.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PostEmploymentBenefitExpenseInProfitOrLossFromDiscontinuedOperationsDefinedBenefitPlans" xlink:to="label_PostEmploymentBenefitExpenseInProfitOrLossFromDiscontinuedOperationsDefinedBenefitPlans_1" xlink:title="Label : PostEmploymentBenefitExpenseInProfitOrLossFromDiscontinuedOperationsDefinedBenefitPlans to label_PostEmploymentBenefitExpenseInProfitOrLossFromDiscontinuedOperationsDefinedBenefitPlans_1" />
    <link:label xlink:type="resource" xlink:label="label_PostEmploymentBenefitExpenseInProfitOrLossFromDiscontinuedOperationsDefinedBenefitPlans_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PostEmploymentBenefitExpenseInProfitOrLossFromDiscontinuedOperationsDefinedBenefitPlans_2" xml:lang="en-US" id="label_PostEmploymentBenefitExpenseInProfitOrLossFromDiscontinuedOperationsDefinedBenefitPlans_2">Post-employment Benefit Expense in Profit or Loss from Discontinued Operations, Defined Benefit Plans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PostEmploymentBenefitExpenseInProfitOrLossFromDiscontinuedOperationsDefinedBenefitPlans" xlink:to="label_PostEmploymentBenefitExpenseInProfitOrLossFromDiscontinuedOperationsDefinedBenefitPlans_2" xlink:title="Label : PostEmploymentBenefitExpenseInProfitOrLossFromDiscontinuedOperationsDefinedBenefitPlans to label_PostEmploymentBenefitExpenseInProfitOrLossFromDiscontinuedOperationsDefinedBenefitPlans_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DecreaseInNetDefinedBenefitLiabilityResultingFromReclassificationToLiabilitiesHeldForSale" xlink:label="DecreaseInNetDefinedBenefitLiabilityResultingFromReclassificationToLiabilitiesHeldForSale" xlink:title="DecreaseInNetDefinedBenefitLiabilityResultingFromReclassificationToLiabilitiesHeldForSale" />
    <link:label xlink:type="resource" xlink:label="label_DecreaseInNetDefinedBenefitLiabilityResultingFromReclassificationToLiabilitiesHeldForSale" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DecreaseInNetDefinedBenefitLiabilityResultingFromReclassificationToLiabilitiesHeldForSale" xml:lang="en-US" id="label_DecreaseInNetDefinedBenefitLiabilityResultingFromReclassificationToLiabilitiesHeldForSale">Decrease in Net Defined Benefit Liability Resulting from Reclassification to Liabilities Held for Sale</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecreaseInNetDefinedBenefitLiabilityResultingFromReclassificationToLiabilitiesHeldForSale" xlink:to="label_DecreaseInNetDefinedBenefitLiabilityResultingFromReclassificationToLiabilitiesHeldForSale" xlink:title="Label : DecreaseInNetDefinedBenefitLiabilityResultingFromReclassificationToLiabilitiesHeldForSale to label_DecreaseInNetDefinedBenefitLiabilityResultingFromReclassificationToLiabilitiesHeldForSale" />
    <link:label xlink:type="resource" xlink:label="label_DecreaseInNetDefinedBenefitLiabilityResultingFromReclassificationToLiabilitiesHeldForSale_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DecreaseInNetDefinedBenefitLiabilityResultingFromReclassificationToLiabilitiesHeldForSale_1" xml:lang="en-US" id="label_DecreaseInNetDefinedBenefitLiabilityResultingFromReclassificationToLiabilitiesHeldForSale_1">The decrease in the net defined benefit liability resulting from reclassification to liabilities held for sale.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecreaseInNetDefinedBenefitLiabilityResultingFromReclassificationToLiabilitiesHeldForSale" xlink:to="label_DecreaseInNetDefinedBenefitLiabilityResultingFromReclassificationToLiabilitiesHeldForSale_1" xlink:title="Label : DecreaseInNetDefinedBenefitLiabilityResultingFromReclassificationToLiabilitiesHeldForSale to label_DecreaseInNetDefinedBenefitLiabilityResultingFromReclassificationToLiabilitiesHeldForSale_1" />
    <link:label xlink:type="resource" xlink:label="label_DecreaseInNetDefinedBenefitLiabilityResultingFromReclassificationToLiabilitiesHeldForSale_2" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_DecreaseInNetDefinedBenefitLiabilityResultingFromReclassificationToLiabilitiesHeldForSale_2" xml:lang="en-US" id="label_DecreaseInNetDefinedBenefitLiabilityResultingFromReclassificationToLiabilitiesHeldForSale_2">Reclassification to liabilities held for sale</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecreaseInNetDefinedBenefitLiabilityResultingFromReclassificationToLiabilitiesHeldForSale" xlink:to="label_DecreaseInNetDefinedBenefitLiabilityResultingFromReclassificationToLiabilitiesHeldForSale_2" xlink:title="Label : DecreaseInNetDefinedBenefitLiabilityResultingFromReclassificationToLiabilitiesHeldForSale to label_DecreaseInNetDefinedBenefitLiabilityResultingFromReclassificationToLiabilitiesHeldForSale_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DecreaseThroughTransferToLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleOtherProvisions" xlink:label="DecreaseThroughTransferToLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleOtherProvisions" xlink:title="DecreaseThroughTransferToLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleOtherProvisions" />
    <link:label xlink:type="resource" xlink:label="label_DecreaseThroughTransferToLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleOtherProvisions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DecreaseThroughTransferToLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleOtherProvisions" xml:lang="en-US" id="label_DecreaseThroughTransferToLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleOtherProvisions">Decrease through transfer to liabilities included in disposal groups classified as held for sale, other provisions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecreaseThroughTransferToLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleOtherProvisions" xlink:to="label_DecreaseThroughTransferToLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleOtherProvisions" xlink:title="Label : DecreaseThroughTransferToLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleOtherProvisions to label_DecreaseThroughTransferToLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleOtherProvisions" />
    <link:label xlink:type="resource" xlink:label="label_DecreaseThroughTransferToLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleOtherProvisions_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_DecreaseThroughTransferToLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleOtherProvisions_1" xml:lang="en-US" id="label_DecreaseThroughTransferToLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleOtherProvisions_1">Reclassification to liabilities held for sale</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecreaseThroughTransferToLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleOtherProvisions" xlink:to="label_DecreaseThroughTransferToLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleOtherProvisions_1" xlink:title="Label : DecreaseThroughTransferToLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleOtherProvisions to label_DecreaseThroughTransferToLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleOtherProvisions_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_FruitionTaxExpensesBenefitsRelatedToFiscalEquilibriumFund" xlink:label="FruitionTaxExpensesBenefitsRelatedToFiscalEquilibriumFund" xlink:title="FruitionTaxExpensesBenefitsRelatedToFiscalEquilibriumFund" />
    <link:label xlink:type="resource" xlink:label="label_FruitionTaxExpensesBenefitsRelatedToFiscalEquilibriumFund" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FruitionTaxExpensesBenefitsRelatedToFiscalEquilibriumFund" xml:lang="en-US" id="label_FruitionTaxExpensesBenefitsRelatedToFiscalEquilibriumFund">Fruition Tax Expenses (Benefits) Related to Fiscal Equilibrium Fund</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FruitionTaxExpensesBenefitsRelatedToFiscalEquilibriumFund" xlink:to="label_FruitionTaxExpensesBenefitsRelatedToFiscalEquilibriumFund" xlink:title="Label : FruitionTaxExpensesBenefitsRelatedToFiscalEquilibriumFund to label_FruitionTaxExpensesBenefitsRelatedToFiscalEquilibriumFund" />
    <link:label xlink:type="resource" xlink:label="label_FruitionTaxExpensesBenefitsRelatedToFiscalEquilibriumFund_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_FruitionTaxExpensesBenefitsRelatedToFiscalEquilibriumFund_1" xml:lang="en-US" id="label_FruitionTaxExpensesBenefitsRelatedToFiscalEquilibriumFund_1">Fruition tax expenses (benefits) related to fiscal equilibrium fund</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FruitionTaxExpensesBenefitsRelatedToFiscalEquilibriumFund" xlink:to="label_FruitionTaxExpensesBenefitsRelatedToFiscalEquilibriumFund_1" xlink:title="Label : FruitionTaxExpensesBenefitsRelatedToFiscalEquilibriumFund to label_FruitionTaxExpensesBenefitsRelatedToFiscalEquilibriumFund_1" />
    <link:label xlink:type="resource" xlink:label="label_FruitionTaxExpensesBenefitsRelatedToFiscalEquilibriumFund_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_FruitionTaxExpensesBenefitsRelatedToFiscalEquilibriumFund_2" xml:lang="en-US" id="label_FruitionTaxExpensesBenefitsRelatedToFiscalEquilibriumFund_2">The amount of fruition tax expenses (benefits) related to fiscal equilibrium fund for tax contingencies.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FruitionTaxExpensesBenefitsRelatedToFiscalEquilibriumFund" xlink:to="label_FruitionTaxExpensesBenefitsRelatedToFiscalEquilibriumFund_2" xlink:title="Label : FruitionTaxExpensesBenefitsRelatedToFiscalEquilibriumFund to label_FruitionTaxExpensesBenefitsRelatedToFiscalEquilibriumFund_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_SurchargeRateOnNonEssentialProducts" xlink:label="SurchargeRateOnNonEssentialProducts" xlink:title="SurchargeRateOnNonEssentialProducts" />
    <link:label xlink:type="resource" xlink:label="label_SurchargeRateOnNonEssentialProducts" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SurchargeRateOnNonEssentialProducts" xml:lang="en-US" id="label_SurchargeRateOnNonEssentialProducts">Surcharge Rate on Non Essential Products</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SurchargeRateOnNonEssentialProducts" xlink:to="label_SurchargeRateOnNonEssentialProducts" xlink:title="Label : SurchargeRateOnNonEssentialProducts to label_SurchargeRateOnNonEssentialProducts" />
    <link:label xlink:type="resource" xlink:label="label_SurchargeRateOnNonEssentialProducts_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_SurchargeRateOnNonEssentialProducts_1" xml:lang="en-US" id="label_SurchargeRateOnNonEssentialProducts_1">Surcharge rate on non-essential products</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SurchargeRateOnNonEssentialProducts" xlink:to="label_SurchargeRateOnNonEssentialProducts_1" xlink:title="Label : SurchargeRateOnNonEssentialProducts to label_SurchargeRateOnNonEssentialProducts_1" />
    <link:label xlink:type="resource" xlink:label="label_SurchargeRateOnNonEssentialProducts_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_SurchargeRateOnNonEssentialProducts_2" xml:lang="en-US" id="label_SurchargeRateOnNonEssentialProducts_2">The percentage of surcharge rate on non-essential products for tax contingencies.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SurchargeRateOnNonEssentialProducts" xlink:to="label_SurchargeRateOnNonEssentialProducts_2" xlink:title="Label : SurchargeRateOnNonEssentialProducts to label_SurchargeRateOnNonEssentialProducts_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_SurchargeOnNonEssentialProducts" xlink:label="SurchargeOnNonEssentialProducts" xlink:title="SurchargeOnNonEssentialProducts" />
    <link:label xlink:type="resource" xlink:label="label_SurchargeOnNonEssentialProducts" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SurchargeOnNonEssentialProducts" xml:lang="en-US" id="label_SurchargeOnNonEssentialProducts">Surcharge on Non Essential Products</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SurchargeOnNonEssentialProducts" xlink:to="label_SurchargeOnNonEssentialProducts" xlink:title="Label : SurchargeOnNonEssentialProducts to label_SurchargeOnNonEssentialProducts" />
    <link:label xlink:type="resource" xlink:label="label_SurchargeOnNonEssentialProducts_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_SurchargeOnNonEssentialProducts_1" xml:lang="en-US" id="label_SurchargeOnNonEssentialProducts_1">Surcharge on non-essential products</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SurchargeOnNonEssentialProducts" xlink:to="label_SurchargeOnNonEssentialProducts_1" xlink:title="Label : SurchargeOnNonEssentialProducts to label_SurchargeOnNonEssentialProducts_1" />
    <link:label xlink:type="resource" xlink:label="label_SurchargeOnNonEssentialProducts_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_SurchargeOnNonEssentialProducts_2" xml:lang="en-US" id="label_SurchargeOnNonEssentialProducts_2">The amount of surcharge duty on non-essential products for tax contingencies.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SurchargeOnNonEssentialProducts" xlink:to="label_SurchargeOnNonEssentialProducts_2" xlink:title="Label : SurchargeOnNonEssentialProducts to label_SurchargeOnNonEssentialProducts_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NumberOfFinesReceived" xlink:label="NumberOfFinesReceived" xlink:title="NumberOfFinesReceived" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfFinesReceived" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NumberOfFinesReceived" xml:lang="en-US" id="label_NumberOfFinesReceived">Number of Fines Received</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfFinesReceived" xlink:to="label_NumberOfFinesReceived" xlink:title="Label : NumberOfFinesReceived to label_NumberOfFinesReceived" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfFinesReceived_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NumberOfFinesReceived_1" xml:lang="en-US" id="label_NumberOfFinesReceived_1">Number of fines received</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfFinesReceived" xlink:to="label_NumberOfFinesReceived_1" xlink:title="Label : NumberOfFinesReceived to label_NumberOfFinesReceived_1" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfFinesReceived_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_NumberOfFinesReceived_2" xml:lang="en-US" id="label_NumberOfFinesReceived_2">The number of fines received for contingent liabilities for civil, environmental and regulatory claims.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfFinesReceived" xlink:to="label_NumberOfFinesReceived_2" xlink:title="Label : NumberOfFinesReceived to label_NumberOfFinesReceived_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_PaymentsForIcmsTaxAssessment" xlink:label="PaymentsForIcmsTaxAssessment" xlink:title="PaymentsForIcmsTaxAssessment" />
    <link:label xlink:type="resource" xlink:label="label_PaymentsForIcmsTaxAssessment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PaymentsForIcmsTaxAssessment" xml:lang="en-US" id="label_PaymentsForIcmsTaxAssessment">Payments for Icms Tax Assessment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PaymentsForIcmsTaxAssessment" xlink:to="label_PaymentsForIcmsTaxAssessment" xlink:title="Label : PaymentsForIcmsTaxAssessment to label_PaymentsForIcmsTaxAssessment" />
    <link:label xlink:type="resource" xlink:label="label_PaymentsForIcmsTaxAssessment_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_PaymentsForIcmsTaxAssessment_1" xml:lang="en-US" id="label_PaymentsForIcmsTaxAssessment_1">Payments for ICMS tax assessment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PaymentsForIcmsTaxAssessment" xlink:to="label_PaymentsForIcmsTaxAssessment_1" xlink:title="Label : PaymentsForIcmsTaxAssessment to label_PaymentsForIcmsTaxAssessment_1" />
    <link:label xlink:type="resource" xlink:label="label_PaymentsForIcmsTaxAssessment_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_PaymentsForIcmsTaxAssessment_2" xml:lang="en-US" id="label_PaymentsForIcmsTaxAssessment_2">The cash outflow for payments of ICMS tax assessment through tax amnesty program.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PaymentsForIcmsTaxAssessment" xlink:to="label_PaymentsForIcmsTaxAssessment_2" xlink:title="Label : PaymentsForIcmsTaxAssessment to label_PaymentsForIcmsTaxAssessment_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ContingentLiabilitiesForTaxAssessmentsOnSales" xlink:label="ContingentLiabilitiesForTaxAssessmentsOnSales" xlink:title="ContingentLiabilitiesForTaxAssessmentsOnSales" />
    <link:label xlink:type="resource" xlink:label="label_ContingentLiabilitiesForTaxAssessmentsOnSales" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ContingentLiabilitiesForTaxAssessmentsOnSales" xml:lang="en-US" id="label_ContingentLiabilitiesForTaxAssessmentsOnSales">Contingent Liabilities for Tax Assessments on Sales</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContingentLiabilitiesForTaxAssessmentsOnSales" xlink:to="label_ContingentLiabilitiesForTaxAssessmentsOnSales" xlink:title="Label : ContingentLiabilitiesForTaxAssessmentsOnSales to label_ContingentLiabilitiesForTaxAssessmentsOnSales" />
    <link:label xlink:type="resource" xlink:label="label_ContingentLiabilitiesForTaxAssessmentsOnSales_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ContingentLiabilitiesForTaxAssessmentsOnSales_1" xml:lang="en-US" id="label_ContingentLiabilitiesForTaxAssessmentsOnSales_1">Contingent liabilities for tax assessments on sales</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContingentLiabilitiesForTaxAssessmentsOnSales" xlink:to="label_ContingentLiabilitiesForTaxAssessmentsOnSales_1" xlink:title="Label : ContingentLiabilitiesForTaxAssessmentsOnSales to label_ContingentLiabilitiesForTaxAssessmentsOnSales_1" />
    <link:label xlink:type="resource" xlink:label="label_ContingentLiabilitiesForTaxAssessmentsOnSales_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ContingentLiabilitiesForTaxAssessmentsOnSales_2" xml:lang="en-US" id="label_ContingentLiabilitiesForTaxAssessmentsOnSales_2">The amount of contingent liabilities for ICMS tax assessments on sales.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContingentLiabilitiesForTaxAssessmentsOnSales" xlink:to="label_ContingentLiabilitiesForTaxAssessmentsOnSales_2" xlink:title="Label : ContingentLiabilitiesForTaxAssessmentsOnSales to label_ContingentLiabilitiesForTaxAssessmentsOnSales_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_IncreaseDecreaseThroughNetHedgeDifferencesLoansAndBorrowings" xlink:label="IncreaseDecreaseThroughNetHedgeDifferencesLoansAndBorrowings" xlink:title="IncreaseDecreaseThroughNetHedgeDifferencesLoansAndBorrowings" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughNetHedgeDifferencesLoansAndBorrowings" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IncreaseDecreaseThroughNetHedgeDifferencesLoansAndBorrowings" xml:lang="en-US" id="label_IncreaseDecreaseThroughNetHedgeDifferencesLoansAndBorrowings">Hedge result</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughNetHedgeDifferencesLoansAndBorrowings" xlink:to="label_IncreaseDecreaseThroughNetHedgeDifferencesLoansAndBorrowings" xlink:title="Label : IncreaseDecreaseThroughNetHedgeDifferencesLoansAndBorrowings to label_IncreaseDecreaseThroughNetHedgeDifferencesLoansAndBorrowings" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughNetHedgeDifferencesLoansAndBorrowings_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_IncreaseDecreaseThroughNetHedgeDifferencesLoansAndBorrowings_1" xml:lang="en-US" id="label_IncreaseDecreaseThroughNetHedgeDifferencesLoansAndBorrowings_1">The increase (decrease) in loans and borrowings resulting from net hedge differences.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughNetHedgeDifferencesLoansAndBorrowings" xlink:to="label_IncreaseDecreaseThroughNetHedgeDifferencesLoansAndBorrowings_1" xlink:title="Label : IncreaseDecreaseThroughNetHedgeDifferencesLoansAndBorrowings to label_IncreaseDecreaseThroughNetHedgeDifferencesLoansAndBorrowings_1" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughNetHedgeDifferencesLoansAndBorrowings_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseDecreaseThroughNetHedgeDifferencesLoansAndBorrowings_2" xml:lang="en-US" id="label_IncreaseDecreaseThroughNetHedgeDifferencesLoansAndBorrowings_2">Increase (Decrease) through Net Hedge Differences, Loans and Borrowings</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughNetHedgeDifferencesLoansAndBorrowings" xlink:to="label_IncreaseDecreaseThroughNetHedgeDifferencesLoansAndBorrowings_2" xlink:title="Label : IncreaseDecreaseThroughNetHedgeDifferencesLoansAndBorrowings to label_IncreaseDecreaseThroughNetHedgeDifferencesLoansAndBorrowings_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DecreaseThroughClassifiedAsHeldForSaleLoansAndBorrowings" xlink:label="DecreaseThroughClassifiedAsHeldForSaleLoansAndBorrowings" xlink:title="DecreaseThroughClassifiedAsHeldForSaleLoansAndBorrowings" />
    <link:label xlink:type="resource" xlink:label="label_DecreaseThroughClassifiedAsHeldForSaleLoansAndBorrowings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DecreaseThroughClassifiedAsHeldForSaleLoansAndBorrowings" xml:lang="en-US" id="label_DecreaseThroughClassifiedAsHeldForSaleLoansAndBorrowings">Decrease through Classified as Held for Sale, Loans and Borrowings</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecreaseThroughClassifiedAsHeldForSaleLoansAndBorrowings" xlink:to="label_DecreaseThroughClassifiedAsHeldForSaleLoansAndBorrowings" xlink:title="Label : DecreaseThroughClassifiedAsHeldForSaleLoansAndBorrowings to label_DecreaseThroughClassifiedAsHeldForSaleLoansAndBorrowings" />
    <link:label xlink:type="resource" xlink:label="label_DecreaseThroughClassifiedAsHeldForSaleLoansAndBorrowings_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DecreaseThroughClassifiedAsHeldForSaleLoansAndBorrowings_1" xml:lang="en-US" id="label_DecreaseThroughClassifiedAsHeldForSaleLoansAndBorrowings_1">The decrease in loans and borrowings resulting from classification as held for sale or inclusion in a disposal group classified as held for sale.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecreaseThroughClassifiedAsHeldForSaleLoansAndBorrowings" xlink:to="label_DecreaseThroughClassifiedAsHeldForSaleLoansAndBorrowings_1" xlink:title="Label : DecreaseThroughClassifiedAsHeldForSaleLoansAndBorrowings to label_DecreaseThroughClassifiedAsHeldForSaleLoansAndBorrowings_1" />
    <link:label xlink:type="resource" xlink:label="label_DecreaseThroughClassifiedAsHeldForSaleLoansAndBorrowings_2" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_DecreaseThroughClassifiedAsHeldForSaleLoansAndBorrowings_2" xml:lang="en-US" id="label_DecreaseThroughClassifiedAsHeldForSaleLoansAndBorrowings_2">Reclassification to liabilities held for sale</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecreaseThroughClassifiedAsHeldForSaleLoansAndBorrowings" xlink:to="label_DecreaseThroughClassifiedAsHeldForSaleLoansAndBorrowings_2" xlink:title="Label : DecreaseThroughClassifiedAsHeldForSaleLoansAndBorrowings to label_DecreaseThroughClassifiedAsHeldForSaleLoansAndBorrowings_2" />
    <link:label xlink:type="resource" xlink:label="label_Borrowings_4" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_Borrowings_4" xml:lang="en-US" id="label_Borrowings_4">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Borrowings" xlink:to="label_Borrowings_4" xlink:title="Label : Borrowings to label_Borrowings_4" />
    <link:label xlink:type="resource" xlink:label="label_BorrowingsAdjustmentToInterestRateBasis_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_BorrowingsAdjustmentToInterestRateBasis_2" xml:lang="en-US" id="label_BorrowingsAdjustmentToInterestRateBasis_2">Cost in percentage of DI</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingsAdjustmentToInterestRateBasis" xlink:to="label_BorrowingsAdjustmentToInterestRateBasis_2" xlink:title="Label : BorrowingsAdjustmentToInterestRateBasis to label_BorrowingsAdjustmentToInterestRateBasis_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_MaturityOneMember" xlink:label="MaturityOneMember" xlink:title="MaturityOneMember" />
    <link:label xlink:type="resource" xlink:label="label_MaturityOneMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_MaturityOneMember" xml:lang="en-US" id="label_MaturityOneMember">Apr/2022</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaturityOneMember" xlink:to="label_MaturityOneMember" xlink:title="Label : MaturityOneMember to label_MaturityOneMember" />
    <link:label xlink:type="resource" xlink:label="label_MaturityOneMember_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_MaturityOneMember_1" xml:lang="en-US" id="label_MaturityOneMember_1">This member stands for the information pertaining to maturity one.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaturityOneMember" xlink:to="label_MaturityOneMember_1" xlink:title="Label : MaturityOneMember to label_MaturityOneMember_1" />
    <link:label xlink:type="resource" xlink:label="label_MaturityOneMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MaturityOneMember_2" xml:lang="en-US" id="label_MaturityOneMember_2">Maturity One [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaturityOneMember" xlink:to="label_MaturityOneMember_2" xlink:title="Label : MaturityOneMember to label_MaturityOneMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_MaturityTwoMember" xlink:label="MaturityTwoMember" xlink:title="MaturityTwoMember" />
    <link:label xlink:type="resource" xlink:label="label_MaturityTwoMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_MaturityTwoMember" xml:lang="en-US" id="label_MaturityTwoMember">Jul/2022</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaturityTwoMember" xlink:to="label_MaturityTwoMember" xlink:title="Label : MaturityTwoMember to label_MaturityTwoMember" />
    <link:label xlink:type="resource" xlink:label="label_MaturityTwoMember_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_MaturityTwoMember_1" xml:lang="en-US" id="label_MaturityTwoMember_1">This member stands for the information pertaining to maturity two.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaturityTwoMember" xlink:to="label_MaturityTwoMember_1" xlink:title="Label : MaturityTwoMember to label_MaturityTwoMember_1" />
    <link:label xlink:type="resource" xlink:label="label_MaturityTwoMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MaturityTwoMember_2" xml:lang="en-US" id="label_MaturityTwoMember_2">Maturity Two [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaturityTwoMember" xlink:to="label_MaturityTwoMember_2" xlink:title="Label : MaturityTwoMember to label_MaturityTwoMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_MaturityThreeMember" xlink:label="MaturityThreeMember" xlink:title="MaturityThreeMember" />
    <link:label xlink:type="resource" xlink:label="label_MaturityThreeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_MaturityThreeMember" xml:lang="en-US" id="label_MaturityThreeMember">Oct/2022</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaturityThreeMember" xlink:to="label_MaturityThreeMember" xlink:title="Label : MaturityThreeMember to label_MaturityThreeMember" />
    <link:label xlink:type="resource" xlink:label="label_MaturityThreeMember_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_MaturityThreeMember_1" xml:lang="en-US" id="label_MaturityThreeMember_1">This member stands for the information pertaining to maturity three.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaturityThreeMember" xlink:to="label_MaturityThreeMember_1" xlink:title="Label : MaturityThreeMember to label_MaturityThreeMember_1" />
    <link:label xlink:type="resource" xlink:label="label_MaturityThreeMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MaturityThreeMember_2" xml:lang="en-US" id="label_MaturityThreeMember_2">Maturity Three [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaturityThreeMember" xlink:to="label_MaturityThreeMember_2" xlink:title="Label : MaturityThreeMember to label_MaturityThreeMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_MaturityFourMember" xlink:label="MaturityFourMember" xlink:title="MaturityFourMember" />
    <link:label xlink:type="resource" xlink:label="label_MaturityFourMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_MaturityFourMember" xml:lang="en-US" id="label_MaturityFourMember">Mar/2023</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaturityFourMember" xlink:to="label_MaturityFourMember" xlink:title="Label : MaturityFourMember to label_MaturityFourMember" />
    <link:label xlink:type="resource" xlink:label="label_MaturityFourMember_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_MaturityFourMember_1" xml:lang="en-US" id="label_MaturityFourMember_1">This member stands for the information pertaining to maturity four.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaturityFourMember" xlink:to="label_MaturityFourMember_1" xlink:title="Label : MaturityFourMember to label_MaturityFourMember_1" />
    <link:label xlink:type="resource" xlink:label="label_MaturityFourMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MaturityFourMember_2" xml:lang="en-US" id="label_MaturityFourMember_2">Maturity Four [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaturityFourMember" xlink:to="label_MaturityFourMember_2" xlink:title="Label : MaturityFourMember to label_MaturityFourMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_MaturityFiveMember" xlink:label="MaturityFiveMember" xlink:title="MaturityFiveMember" />
    <link:label xlink:type="resource" xlink:label="label_MaturityFiveMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_MaturityFiveMember" xml:lang="en-US" id="label_MaturityFiveMember">Dec/2023</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaturityFiveMember" xlink:to="label_MaturityFiveMember" xlink:title="Label : MaturityFiveMember to label_MaturityFiveMember" />
    <link:label xlink:type="resource" xlink:label="label_MaturityFiveMember_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_MaturityFiveMember_1" xml:lang="en-US" id="label_MaturityFiveMember_1">This member stands for the information pertaining to maturity five.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaturityFiveMember" xlink:to="label_MaturityFiveMember_1" xlink:title="Label : MaturityFiveMember to label_MaturityFiveMember_1" />
    <link:label xlink:type="resource" xlink:label="label_MaturityFiveMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MaturityFiveMember_2" xml:lang="en-US" id="label_MaturityFiveMember_2">Maturity Five [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaturityFiveMember" xlink:to="label_MaturityFiveMember_2" xlink:title="Label : MaturityFiveMember to label_MaturityFiveMember_2" />
    <link:label xlink:type="resource" xlink:label="label_MaturitySixMember_3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_MaturitySixMember_3" xml:lang="en-US" id="label_MaturitySixMember_3">Apr/2024</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaturitySixMember" xlink:to="label_MaturitySixMember_3" xlink:title="Label : MaturitySixMember to label_MaturitySixMember_3" />
    <link:label xlink:type="resource" xlink:label="label_MaturitySevenMember_3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_MaturitySevenMember_3" xml:lang="en-US" id="label_MaturitySevenMember_3">Oct/2024</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaturitySevenMember" xlink:to="label_MaturitySevenMember_3" xlink:title="Label : MaturitySevenMember to label_MaturitySevenMember_3" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_MaturityEightMember" xlink:label="MaturityEightMember" xlink:title="MaturityEightMember" />
    <link:label xlink:type="resource" xlink:label="label_MaturityEightMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_MaturityEightMember" xml:lang="en-US" id="label_MaturityEightMember">Nov/2024</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaturityEightMember" xlink:to="label_MaturityEightMember" xlink:title="Label : MaturityEightMember to label_MaturityEightMember" />
    <link:label xlink:type="resource" xlink:label="label_MaturityEightMember_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MaturityEightMember_1" xml:lang="en-US" id="label_MaturityEightMember_1">Maturity Eight [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaturityEightMember" xlink:to="label_MaturityEightMember_1" xlink:title="Label : MaturityEightMember to label_MaturityEightMember_1" />
    <link:label xlink:type="resource" xlink:label="label_MaturityEightMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_MaturityEightMember_2" xml:lang="en-US" id="label_MaturityEightMember_2">This member stands for the information pertaining to maturity eight.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaturityEightMember" xlink:to="label_MaturityEightMember_2" xlink:title="Label : MaturityEightMember to label_MaturityEightMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_MaturityNineMember" xlink:label="MaturityNineMember" xlink:title="MaturityNineMember" />
    <link:label xlink:type="resource" xlink:label="label_MaturityNineMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_MaturityNineMember" xml:lang="en-US" id="label_MaturityNineMember">Dec/2025</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaturityNineMember" xlink:to="label_MaturityNineMember" xlink:title="Label : MaturityNineMember to label_MaturityNineMember" />
    <link:label xlink:type="resource" xlink:label="label_MaturityNineMember_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MaturityNineMember_1" xml:lang="en-US" id="label_MaturityNineMember_1">Maturity Nine [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaturityNineMember" xlink:to="label_MaturityNineMember_1" xlink:title="Label : MaturityNineMember to label_MaturityNineMember_1" />
    <link:label xlink:type="resource" xlink:label="label_MaturityNineMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_MaturityNineMember_2" xml:lang="en-US" id="label_MaturityNineMember_2">This member stands for the information pertaining to maturity nine.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaturityNineMember" xlink:to="label_MaturityNineMember_2" xlink:title="Label : MaturityNineMember to label_MaturityNineMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_MaturityTenMember" xlink:label="MaturityTenMember" xlink:title="MaturityTenMember" />
    <link:label xlink:type="resource" xlink:label="label_MaturityTenMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_MaturityTenMember" xml:lang="en-US" id="label_MaturityTenMember">Mar/2028</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaturityTenMember" xlink:to="label_MaturityTenMember" xlink:title="Label : MaturityTenMember to label_MaturityTenMember" />
    <link:label xlink:type="resource" xlink:label="label_MaturityTenMember_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MaturityTenMember_1" xml:lang="en-US" id="label_MaturityTenMember_1">Maturity Ten [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaturityTenMember" xlink:to="label_MaturityTenMember_1" xlink:title="Label : MaturityTenMember to label_MaturityTenMember_1" />
    <link:label xlink:type="resource" xlink:label="label_MaturityTenMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_MaturityTenMember_2" xml:lang="en-US" id="label_MaturityTenMember_2">This member stands for the information pertaining to maturity ten.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaturityTenMember" xlink:to="label_MaturityTenMember_2" xlink:title="Label : MaturityTenMember to label_MaturityTenMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_MaturityElevenMember" xlink:label="MaturityElevenMember" xlink:title="MaturityElevenMember" />
    <link:label xlink:type="resource" xlink:label="label_MaturityElevenMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_MaturityElevenMember" xml:lang="en-US" id="label_MaturityElevenMember">Sep/2028</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaturityElevenMember" xlink:to="label_MaturityElevenMember" xlink:title="Label : MaturityElevenMember to label_MaturityElevenMember" />
    <link:label xlink:type="resource" xlink:label="label_MaturityElevenMember_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_MaturityElevenMember_1" xml:lang="en-US" id="label_MaturityElevenMember_1">This member stands for the information pertaining to maturity Eleven.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaturityElevenMember" xlink:to="label_MaturityElevenMember_1" xlink:title="Label : MaturityElevenMember to label_MaturityElevenMember_1" />
    <link:label xlink:type="resource" xlink:label="label_MaturityElevenMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MaturityElevenMember_2" xml:lang="en-US" id="label_MaturityElevenMember_2">Maturity Eleven [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaturityElevenMember" xlink:to="label_MaturityElevenMember_2" xlink:title="Label : MaturityElevenMember to label_MaturityElevenMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DecreaseThroughClassifiedAsHeldForSaleAccumulatedTransactionCosts" xlink:label="DecreaseThroughClassifiedAsHeldForSaleAccumulatedTransactionCosts" xlink:title="DecreaseThroughClassifiedAsHeldForSaleAccumulatedTransactionCosts" />
    <link:label xlink:type="resource" xlink:label="label_DecreaseThroughClassifiedAsHeldForSaleAccumulatedTransactionCosts" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_DecreaseThroughClassifiedAsHeldForSaleAccumulatedTransactionCosts" xml:lang="en-US" id="label_DecreaseThroughClassifiedAsHeldForSaleAccumulatedTransactionCosts">Reclassification to liabilities held for sale</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecreaseThroughClassifiedAsHeldForSaleAccumulatedTransactionCosts" xlink:to="label_DecreaseThroughClassifiedAsHeldForSaleAccumulatedTransactionCosts" xlink:title="Label : DecreaseThroughClassifiedAsHeldForSaleAccumulatedTransactionCosts to label_DecreaseThroughClassifiedAsHeldForSaleAccumulatedTransactionCosts" />
    <link:label xlink:type="resource" xlink:label="label_DecreaseThroughClassifiedAsHeldForSaleAccumulatedTransactionCosts_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DecreaseThroughClassifiedAsHeldForSaleAccumulatedTransactionCosts_1" xml:lang="en-US" id="label_DecreaseThroughClassifiedAsHeldForSaleAccumulatedTransactionCosts_1">The decrease in accumulated transaction costs resulting from classification as held for sale or inclusion in a disposal group classified as held for sale.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecreaseThroughClassifiedAsHeldForSaleAccumulatedTransactionCosts" xlink:to="label_DecreaseThroughClassifiedAsHeldForSaleAccumulatedTransactionCosts_1" xlink:title="Label : DecreaseThroughClassifiedAsHeldForSaleAccumulatedTransactionCosts to label_DecreaseThroughClassifiedAsHeldForSaleAccumulatedTransactionCosts_1" />
    <link:label xlink:type="resource" xlink:label="label_DecreaseThroughClassifiedAsHeldForSaleAccumulatedTransactionCosts_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DecreaseThroughClassifiedAsHeldForSaleAccumulatedTransactionCosts_2" xml:lang="en-US" id="label_DecreaseThroughClassifiedAsHeldForSaleAccumulatedTransactionCosts_2">Decrease Through Classified as Held for Sale Accumulated Transaction Costs</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecreaseThroughClassifiedAsHeldForSaleAccumulatedTransactionCosts" xlink:to="label_DecreaseThroughClassifiedAsHeldForSaleAccumulatedTransactionCosts_2" xlink:title="Label : DecreaseThroughClassifiedAsHeldForSaleAccumulatedTransactionCosts to label_DecreaseThroughClassifiedAsHeldForSaleAccumulatedTransactionCosts_2" />
    <link:label xlink:type="resource" xlink:label="label_GrossProfit_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_GrossProfit_2" xml:lang="en-US" id="label_GrossProfit_2">Gross profit</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossProfit" xlink:to="label_GrossProfit_2" xlink:title="Label : GrossProfit to label_GrossProfit_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ShorttermBorrowings" xlink:label="ShorttermBorrowings" xlink:title="ShorttermBorrowings" />
    <link:label xlink:type="resource" xlink:label="label_ShorttermBorrowings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ShorttermBorrowings" xml:lang="en-US" id="label_ShorttermBorrowings">Current borrowings</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShorttermBorrowings" xlink:to="label_ShorttermBorrowings" xlink:title="Label : ShorttermBorrowings to label_ShorttermBorrowings" />
    <link:label xlink:type="resource" xlink:label="label_ShorttermBorrowings_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ShorttermBorrowings_1" xml:lang="en-US" id="label_ShorttermBorrowings_1">Short-term liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShorttermBorrowings" xlink:to="label_ShorttermBorrowings_1" xlink:title="Label : ShorttermBorrowings to label_ShorttermBorrowings_1" />
    <link:label xlink:type="resource" xlink:label="label_LoansReceived_4" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_LoansReceived_4" xml:lang="en-US" id="label_LoansReceived_4">Loan received</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoansReceived" xlink:to="label_LoansReceived_4" xlink:title="Label : LoansReceived to label_LoansReceived_4" />
    <link:label xlink:type="resource" xlink:label="label_DecreaseThroughClassifiedAsHeldForSaleLoansAndBorrowings_3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DecreaseThroughClassifiedAsHeldForSaleLoansAndBorrowings_3" xml:lang="en-US" id="label_DecreaseThroughClassifiedAsHeldForSaleLoansAndBorrowings_3">Reclassification to liabilities held for sale</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecreaseThroughClassifiedAsHeldForSaleLoansAndBorrowings" xlink:to="label_DecreaseThroughClassifiedAsHeldForSaleLoansAndBorrowings_3" xlink:title="Label : DecreaseThroughClassifiedAsHeldForSaleLoansAndBorrowings to label_DecreaseThroughClassifiedAsHeldForSaleLoansAndBorrowings_3" />
    <link:label xlink:type="resource" xlink:label="label_DebenturesSecondIssueMember_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DebenturesSecondIssueMember_2" xml:lang="en-US" id="label_DebenturesSecondIssueMember_2">Debentures second issue [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebenturesSecondIssueMember" xlink:to="label_DebenturesSecondIssueMember_2" xlink:title="Label : DebenturesSecondIssueMember to label_DebenturesSecondIssueMember_2" />
    <link:label xlink:type="resource" xlink:label="label_NotionalAmount_4" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_NotionalAmount_4" xml:lang="en-US" id="label_NotionalAmount_4">Face value unit</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotionalAmount" xlink:to="label_NotionalAmount_4" xlink:title="Label : NotionalAmount to label_NotionalAmount_4" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_FaceValuePerDebtInstrument" xlink:label="FaceValuePerDebtInstrument" xlink:title="FaceValuePerDebtInstrument" />
    <link:label xlink:type="resource" xlink:label="label_FaceValuePerDebtInstrument" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FaceValuePerDebtInstrument" xml:lang="en-US" id="label_FaceValuePerDebtInstrument">Face Value Per Debt Instrument</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FaceValuePerDebtInstrument" xlink:to="label_FaceValuePerDebtInstrument" xlink:title="Label : FaceValuePerDebtInstrument to label_FaceValuePerDebtInstrument" />
    <link:label xlink:type="resource" xlink:label="label_FaceValuePerDebtInstrument_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_FaceValuePerDebtInstrument_1" xml:lang="en-US" id="label_FaceValuePerDebtInstrument_1">The nominal value per debt instrument.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FaceValuePerDebtInstrument" xlink:to="label_FaceValuePerDebtInstrument_1" xlink:title="Label : FaceValuePerDebtInstrument to label_FaceValuePerDebtInstrument_1" />
    <link:label xlink:type="resource" xlink:label="label_FaceValuePerDebtInstrument_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_FaceValuePerDebtInstrument_2" xml:lang="en-US" id="label_FaceValuePerDebtInstrument_2">Face value unit</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FaceValuePerDebtInstrument" xlink:to="label_FaceValuePerDebtInstrument_2" xlink:title="Label : FaceValuePerDebtInstrument to label_FaceValuePerDebtInstrument_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NumberOfDebentureSeriesIssued" xlink:label="NumberOfDebentureSeriesIssued" xlink:title="NumberOfDebentureSeriesIssued" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfDebentureSeriesIssued" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NumberOfDebentureSeriesIssued" xml:lang="en-US" id="label_NumberOfDebentureSeriesIssued">Number of Debenture Series Issued</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfDebentureSeriesIssued" xlink:to="label_NumberOfDebentureSeriesIssued" xlink:title="Label : NumberOfDebentureSeriesIssued to label_NumberOfDebentureSeriesIssued" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfDebentureSeriesIssued_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NumberOfDebentureSeriesIssued_1" xml:lang="en-US" id="label_NumberOfDebentureSeriesIssued_1">Number of debenture series</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfDebentureSeriesIssued" xlink:to="label_NumberOfDebentureSeriesIssued_1" xlink:title="Label : NumberOfDebentureSeriesIssued to label_NumberOfDebentureSeriesIssued_1" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfDebentureSeriesIssued_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_NumberOfDebentureSeriesIssued_2" xml:lang="en-US" id="label_NumberOfDebentureSeriesIssued_2">The number of debenture series issued in public market during period.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfDebentureSeriesIssued" xlink:to="label_NumberOfDebentureSeriesIssued_2" xlink:title="Label : NumberOfDebentureSeriesIssued to label_NumberOfDebentureSeriesIssued_2" />
    <link:label xlink:type="resource" xlink:label="label_Borrowings_5" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:title="label_Borrowings_5" xml:lang="en-US" id="label_Borrowings_5">Loans, debentures and finance leases, ending</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Borrowings" xlink:to="label_Borrowings_5" xlink:title="Label : Borrowings to label_Borrowings_5" />
    <link:label xlink:type="resource" xlink:label="label_Borrowings_6" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:title="label_Borrowings_6" xml:lang="en-US" id="label_Borrowings_6">Loans, debentures and finance leases, beginning</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Borrowings" xlink:to="label_Borrowings_6" xlink:title="Label : Borrowings to label_Borrowings_6" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfInterestsInOtherEntitiesExplanatory" xlink:label="DisclosureOfInterestsInOtherEntitiesExplanatory" xlink:title="DisclosureOfInterestsInOtherEntitiesExplanatory" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfInterestsInOtherEntitiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfInterestsInOtherEntitiesExplanatory" xml:lang="en-US" id="label_DisclosureOfInterestsInOtherEntitiesExplanatory">Disclosure of interests in other entities [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfInterestsInOtherEntitiesExplanatory" xlink:to="label_DisclosureOfInterestsInOtherEntitiesExplanatory" xlink:title="Label : DisclosureOfInterestsInOtherEntitiesExplanatory to label_DisclosureOfInterestsInOtherEntitiesExplanatory" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfInterestsInOtherEntitiesExplanatory_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DisclosureOfInterestsInOtherEntitiesExplanatory_1" xml:lang="en-US" id="label_DisclosureOfInterestsInOtherEntitiesExplanatory_1">Schedule of reconciliation of share of profit (loss) of subsidiaries, joint ventures and associates</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfInterestsInOtherEntitiesExplanatory" xlink:to="label_DisclosureOfInterestsInOtherEntitiesExplanatory_1" xlink:title="Label : DisclosureOfInterestsInOtherEntitiesExplanatory to label_DisclosureOfInterestsInOtherEntitiesExplanatory_1" />
    <link:label xlink:type="resource" xlink:label="label_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_3" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_3" xml:lang="en-US" id="label_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_3">Share of profit (loss) of joint ventures and associates</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:to="label_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_3" xlink:title="Label : ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod to label_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_3" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures" xlink:label="IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures" xlink:title="IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures" xml:lang="en-US" id="label_IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures">Increase (decrease) through other reserves, investments in joint ventures</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures" xlink:to="label_IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures" xlink:title="Label : IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures to label_IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures_1" xml:lang="en-US" id="label_IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures_1">Other reserves</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures" xlink:to="label_IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures_1" xlink:title="Label : IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures to label_IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures_1" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures_2" xml:lang="en-US" id="label_IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures_2">The increase (decrease) in investments in joint ventures resulting from other reserves.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures" xlink:to="label_IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures_2" xlink:title="Label : IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures to label_IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_IncreaseDecreaseThroughActuarialGainLossOfPostEmploymentBenefitsInvestmentsInJointVentures" xlink:label="IncreaseDecreaseThroughActuarialGainLossOfPostEmploymentBenefitsInvestmentsInJointVentures" xlink:title="IncreaseDecreaseThroughActuarialGainLossOfPostEmploymentBenefitsInvestmentsInJointVentures" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughActuarialGainLossOfPostEmploymentBenefitsInvestmentsInJointVentures" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseDecreaseThroughActuarialGainLossOfPostEmploymentBenefitsInvestmentsInJointVentures" xml:lang="en-US" id="label_IncreaseDecreaseThroughActuarialGainLossOfPostEmploymentBenefitsInvestmentsInJointVentures">Increase (decrease) through actuarial gain (loss) of post-employment benefits, investments in joint ventures</link:label>
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    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_IncreaseDecreaseThroughChangesOfInvestmentsFromShareholderTransactionInvestmentsInJointVentures" xlink:label="IncreaseDecreaseThroughChangesOfInvestmentsFromShareholderTransactionInvestmentsInJointVentures" xlink:title="IncreaseDecreaseThroughChangesOfInvestmentsFromShareholderTransactionInvestmentsInJointVentures" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughChangesOfInvestmentsFromShareholderTransactionInvestmentsInJointVentures" xlink:to="label_IncreaseDecreaseThroughChangesOfInvestmentsFromShareholderTransactionInvestmentsInJointVentures_2" xlink:title="Label : IncreaseDecreaseThroughChangesOfInvestmentsFromShareholderTransactionInvestmentsInJointVentures to label_IncreaseDecreaseThroughChangesOfInvestmentsFromShareholderTransactionInvestmentsInJointVentures_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DecreaseThroughDispositionOfInvestmentInJointVentures" xlink:label="DecreaseThroughDispositionOfInvestmentInJointVentures" xlink:title="DecreaseThroughDispositionOfInvestmentInJointVentures" />
    <link:label xlink:type="resource" xlink:label="label_DecreaseThroughDispositionOfInvestmentInJointVentures" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DecreaseThroughDispositionOfInvestmentInJointVentures" xml:lang="en-US" id="label_DecreaseThroughDispositionOfInvestmentInJointVentures">The decrease in investments in joint ventures resulting from disposition of investment.</link:label>
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    <link:label xlink:type="resource" xlink:label="label_DecreaseThroughDispositionOfInvestmentInJointVentures_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DecreaseThroughDispositionOfInvestmentInJointVentures_2" xml:lang="en-US" id="label_DecreaseThroughDispositionOfInvestmentInJointVentures_2">Decrease through disposition of investment in joint ventures</link:label>
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    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures" xlink:label="IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures" xlink:title="IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures" xml:lang="en-US" id="label_IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures">Increase (decrease) through transfer to (from) provision for short-term liabilities, investments in joint ventures</link:label>
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    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures_1" xml:lang="en-US" id="label_IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures_1">Transfer to (from) provision for liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures" xlink:to="label_IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures_1" xlink:title="Label : IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures to label_IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures_1" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures_2" xml:lang="en-US" id="label_IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures_2">The increase (decrease) in investments in joint ventures resulting from transfer to (from) provision for short-term liabilities.</link:label>
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:label="ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:title="ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" />
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ShareOfProfitLossOfDiscontinuedOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:label="ShareOfProfitLossOfDiscontinuedOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:title="ShareOfProfitLossOfDiscontinuedOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" />
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    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DecreaseThroughClassifiedAsHeldForSaleInvestmentsInAssociates" xlink:label="DecreaseThroughClassifiedAsHeldForSaleInvestmentsInAssociates" xlink:title="DecreaseThroughClassifiedAsHeldForSaleInvestmentsInAssociates" />
    <link:label xlink:type="resource" xlink:label="label_DecreaseThroughClassifiedAsHeldForSaleInvestmentsInAssociates" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DecreaseThroughClassifiedAsHeldForSaleInvestmentsInAssociates" xml:lang="en-US" id="label_DecreaseThroughClassifiedAsHeldForSaleInvestmentsInAssociates">Decrease through classified as held for sale, investments in associates</link:label>
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    <link:label xlink:type="resource" xlink:label="label_DecreaseThroughClassifiedAsHeldForSaleInvestmentsInAssociates_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_DecreaseThroughClassifiedAsHeldForSaleInvestmentsInAssociates_1" xml:lang="en-US" id="label_DecreaseThroughClassifiedAsHeldForSaleInvestmentsInAssociates_1">Reclassification to assets held for sale</link:label>
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    <link:label xlink:type="resource" xlink:label="label_DecreaseThroughClassifiedAsHeldForSaleInvestmentsInAssociates_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DecreaseThroughClassifiedAsHeldForSaleInvestmentsInAssociates_2" xml:lang="en-US" id="label_DecreaseThroughClassifiedAsHeldForSaleInvestmentsInAssociates_2">The decrease in investments in associates resulting from classification as held for sale or inclusion in a disposal group classified as held for sale.</link:label>
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    <link:label xlink:type="resource" xlink:label="label_ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_1" xml:lang="en-US" id="label_ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_1">Share of profit (loss) of associates</link:label>
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    <link:label xlink:type="resource" xlink:label="label_ShareOfProfitLossOfDiscontinuedOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ShareOfProfitLossOfDiscontinuedOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_1" xml:lang="en-US" id="label_ShareOfProfitLossOfDiscontinuedOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_1">Share of profit (loss) of associates - discontinued operations</link:label>
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    <link:label xlink:type="resource" xlink:label="label_DividendsReceived_2" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:title="label_DividendsReceived_2" xml:lang="en-US" id="label_DividendsReceived_2">Dividends</link:label>
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    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_RedecardSAMember" xlink:label="RedecardSAMember" xlink:title="RedecardSAMember" />
    <link:label xlink:type="resource" xlink:label="label_RedecardSAMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RedecardSAMember" xml:lang="en-US" id="label_RedecardSAMember">Redecard S.A. [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RedecardSAMember" xlink:to="label_RedecardSAMember" xlink:title="Label : RedecardSAMember to label_RedecardSAMember" />
    <link:label xlink:type="resource" xlink:label="label_RedecardSAMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_RedecardSAMember_1" xml:lang="en-US" id="label_RedecardSAMember_1">Redecard S.A. [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RedecardSAMember" xlink:to="label_RedecardSAMember_1" xlink:title="Label : RedecardSAMember to label_RedecardSAMember_1" />
    <link:label xlink:type="resource" xlink:label="label_RedecardSAMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_RedecardSAMember_2" xml:lang="en-US" id="label_RedecardSAMember_2">This member stands for the information pertaining to Redecard S.A.</link:label>
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    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_SaleValueOfJointVenture" xlink:label="SaleValueOfJointVenture" xlink:title="SaleValueOfJointVenture" />
    <link:label xlink:type="resource" xlink:label="label_SaleValueOfJointVenture" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SaleValueOfJointVenture" xml:lang="en-US" id="label_SaleValueOfJointVenture">Sale value of joint venture</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SaleValueOfJointVenture" xlink:to="label_SaleValueOfJointVenture" xlink:title="Label : SaleValueOfJointVenture to label_SaleValueOfJointVenture" />
    <link:label xlink:type="resource" xlink:label="label_SaleValueOfJointVenture_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_SaleValueOfJointVenture_1" xml:lang="en-US" id="label_SaleValueOfJointVenture_1">The amount of sale value of joint venture.</link:label>
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    <link:label xlink:type="resource" xlink:label="label_CashFlowsFromUsedInInvestingActivitiesDiscontinuedOperations_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CashFlowsFromUsedInInvestingActivitiesDiscontinuedOperations_2" xml:lang="en-US" id="label_CashFlowsFromUsedInInvestingActivitiesDiscontinuedOperations_2">Net cash provided by (used in) investing activities from discontinued operations</link:label>
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IntangibleAssetsOtherThanGoodwillMember" xlink:label="IntangibleAssetsOtherThanGoodwillMember" xlink:title="IntangibleAssetsOtherThanGoodwillMember" />
    <link:label xlink:type="resource" xlink:label="label_IntangibleAssetsOtherThanGoodwillMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IntangibleAssetsOtherThanGoodwillMember" xml:lang="en-US" id="label_IntangibleAssetsOtherThanGoodwillMember">Intangible assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IntangibleAssetsOtherThanGoodwillMember" xlink:to="label_IntangibleAssetsOtherThanGoodwillMember" xlink:title="Label : IntangibleAssetsOtherThanGoodwillMember to label_IntangibleAssetsOtherThanGoodwillMember" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" xlink:label="DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" xlink:title="DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" />
    <link:label xlink:type="resource" xlink:label="label_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" xml:lang="en-US" id="label_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment">Property, plant, and equipment, reclassified to assets held for sale</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" xlink:to="label_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" xlink:title="Label : DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment to label_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" />
    <link:label xlink:type="resource" xlink:label="label_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment_1" xml:lang="en-US" id="label_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment_1">Decrease through classified as held for sale, property, plant and equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" xlink:to="label_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment_1" xlink:title="Label : DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment to label_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment_1" />
    <link:label xlink:type="resource" xlink:label="label_AccumulatedImpairmentMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AccumulatedImpairmentMember_2" xml:lang="en-US" id="label_AccumulatedImpairmentMember_2">Accumulated impairment [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccumulatedImpairmentMember" xlink:to="label_AccumulatedImpairmentMember_2" xlink:title="Label : AccumulatedImpairmentMember to label_AccumulatedImpairmentMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets" xlink:label="DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets" xlink:title="DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets" />
    <link:label xlink:type="resource" xlink:label="label_DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets" xml:lang="en-US" id="label_DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets">Decrease through classified as held for sale, right-of-use assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets" xlink:to="label_DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets" xlink:title="Label : DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets to label_DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets" />
    <link:label xlink:type="resource" xlink:label="label_DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets_1" xml:lang="en-US" id="label_DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets_1">Reclassification to assets held for sale</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets" xlink:to="label_DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets_1" xlink:title="Label : DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets to label_DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets_1" />
    <link:label xlink:type="resource" xlink:label="label_DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets_2" xml:lang="en-US" id="label_DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets_2">The decrease in right-of-use assets resulting from classification as held for sale or inclusion in a disposal group classified as held for sale.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets" xlink:to="label_DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets_2" xlink:title="Label : DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets to label_DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_IncreaseDecreaseThroughInitialDirectCostsRightOfUseAssets" xlink:label="IncreaseDecreaseThroughInitialDirectCostsRightOfUseAssets" xlink:title="IncreaseDecreaseThroughInitialDirectCostsRightOfUseAssets" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughInitialDirectCostsRightOfUseAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IncreaseDecreaseThroughInitialDirectCostsRightOfUseAssets" xml:lang="en-US" id="label_IncreaseDecreaseThroughInitialDirectCostsRightOfUseAssets">Initial direct costs of right-of-use assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughInitialDirectCostsRightOfUseAssets" xlink:to="label_IncreaseDecreaseThroughInitialDirectCostsRightOfUseAssets" xlink:title="Label : IncreaseDecreaseThroughInitialDirectCostsRightOfUseAssets to label_IncreaseDecreaseThroughInitialDirectCostsRightOfUseAssets" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughInitialDirectCostsRightOfUseAssets_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_IncreaseDecreaseThroughInitialDirectCostsRightOfUseAssets_1" xml:lang="en-US" id="label_IncreaseDecreaseThroughInitialDirectCostsRightOfUseAssets_1">The increase (decrease) in right-of-use assets resulting from initial direct costs.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughInitialDirectCostsRightOfUseAssets" xlink:to="label_IncreaseDecreaseThroughInitialDirectCostsRightOfUseAssets_1" xlink:title="Label : IncreaseDecreaseThroughInitialDirectCostsRightOfUseAssets to label_IncreaseDecreaseThroughInitialDirectCostsRightOfUseAssets_1" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughInitialDirectCostsRightOfUseAssets_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseDecreaseThroughInitialDirectCostsRightOfUseAssets_2" xml:lang="en-US" id="label_IncreaseDecreaseThroughInitialDirectCostsRightOfUseAssets_2">Increase (Decrease) through Initial Direct Costs, Right-of-use Assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughInitialDirectCostsRightOfUseAssets" xlink:to="label_IncreaseDecreaseThroughInitialDirectCostsRightOfUseAssets_2" xlink:title="Label : IncreaseDecreaseThroughInitialDirectCostsRightOfUseAssets to label_IncreaseDecreaseThroughInitialDirectCostsRightOfUseAssets_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DisclosureOfLeaseLiabilitiesTable" xlink:label="DisclosureOfLeaseLiabilitiesTable" xlink:title="DisclosureOfLeaseLiabilitiesTable" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfLeaseLiabilitiesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfLeaseLiabilitiesTable" xml:lang="en-US" id="label_DisclosureOfLeaseLiabilitiesTable">Disclosure of Lease Liabilities [Table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfLeaseLiabilitiesTable" xlink:to="label_DisclosureOfLeaseLiabilitiesTable" xlink:title="Label : DisclosureOfLeaseLiabilitiesTable to label_DisclosureOfLeaseLiabilitiesTable" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DisclosureOfLeaseLiabilitiesLineItems" xlink:label="DisclosureOfLeaseLiabilitiesLineItems" xlink:title="DisclosureOfLeaseLiabilitiesLineItems" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfLeaseLiabilitiesLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DisclosureOfLeaseLiabilitiesLineItems" xml:lang="en-US" id="label_DisclosureOfLeaseLiabilitiesLineItems">Lease liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfLeaseLiabilitiesLineItems" xlink:to="label_DisclosureOfLeaseLiabilitiesLineItems" xlink:title="Label : DisclosureOfLeaseLiabilitiesLineItems to label_DisclosureOfLeaseLiabilitiesLineItems" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfLeaseLiabilitiesLineItems_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfLeaseLiabilitiesLineItems_1" xml:lang="en-US" id="label_DisclosureOfLeaseLiabilitiesLineItems_1">Disclosure of Lease Liabilities [Line Items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfLeaseLiabilitiesLineItems" xlink:to="label_DisclosureOfLeaseLiabilitiesLineItems_1" xlink:title="Label : DisclosureOfLeaseLiabilitiesLineItems to label_DisclosureOfLeaseLiabilitiesLineItems_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_IncreaseDecreaseThroughAssignmentOfContractLeaseLiabilities" xlink:label="IncreaseDecreaseThroughAssignmentOfContractLeaseLiabilities" xlink:title="IncreaseDecreaseThroughAssignmentOfContractLeaseLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughAssignmentOfContractLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IncreaseDecreaseThroughAssignmentOfContractLeaseLiabilities" xml:lang="en-US" id="label_IncreaseDecreaseThroughAssignmentOfContractLeaseLiabilities">Assignment of contract</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughAssignmentOfContractLeaseLiabilities" xlink:to="label_IncreaseDecreaseThroughAssignmentOfContractLeaseLiabilities" xlink:title="Label : IncreaseDecreaseThroughAssignmentOfContractLeaseLiabilities to label_IncreaseDecreaseThroughAssignmentOfContractLeaseLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughAssignmentOfContractLeaseLiabilities_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_IncreaseDecreaseThroughAssignmentOfContractLeaseLiabilities_1" xml:lang="en-US" id="label_IncreaseDecreaseThroughAssignmentOfContractLeaseLiabilities_1">The increase (decrease) in lease liabilities resulting from assignment of contract.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughAssignmentOfContractLeaseLiabilities" xlink:to="label_IncreaseDecreaseThroughAssignmentOfContractLeaseLiabilities_1" xlink:title="Label : IncreaseDecreaseThroughAssignmentOfContractLeaseLiabilities to label_IncreaseDecreaseThroughAssignmentOfContractLeaseLiabilities_1" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughAssignmentOfContractLeaseLiabilities_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseDecreaseThroughAssignmentOfContractLeaseLiabilities_2" xml:lang="en-US" id="label_IncreaseDecreaseThroughAssignmentOfContractLeaseLiabilities_2">Increase (Decrease) through Assignment of Contract, Lease Liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughAssignmentOfContractLeaseLiabilities" xlink:to="label_IncreaseDecreaseThroughAssignmentOfContractLeaseLiabilities_2" xlink:title="Label : IncreaseDecreaseThroughAssignmentOfContractLeaseLiabilities to label_IncreaseDecreaseThroughAssignmentOfContractLeaseLiabilities_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DecreaseThroughClassifiedAsHeldForSaleLeaseLiabilities" xlink:label="DecreaseThroughClassifiedAsHeldForSaleLeaseLiabilities" xlink:title="DecreaseThroughClassifiedAsHeldForSaleLeaseLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_DecreaseThroughClassifiedAsHeldForSaleLeaseLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_DecreaseThroughClassifiedAsHeldForSaleLeaseLiabilities" xml:lang="en-US" id="label_DecreaseThroughClassifiedAsHeldForSaleLeaseLiabilities">Reclassification to liabilities held for sale</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecreaseThroughClassifiedAsHeldForSaleLeaseLiabilities" xlink:to="label_DecreaseThroughClassifiedAsHeldForSaleLeaseLiabilities" xlink:title="Label : DecreaseThroughClassifiedAsHeldForSaleLeaseLiabilities to label_DecreaseThroughClassifiedAsHeldForSaleLeaseLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_DecreaseThroughClassifiedAsHeldForSaleLeaseLiabilities_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DecreaseThroughClassifiedAsHeldForSaleLeaseLiabilities_1" xml:lang="en-US" id="label_DecreaseThroughClassifiedAsHeldForSaleLeaseLiabilities_1">The decrease in lease liabilities resulting from classification as held for sale or inclusion in a disposal group classified as held for sale.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecreaseThroughClassifiedAsHeldForSaleLeaseLiabilities" xlink:to="label_DecreaseThroughClassifiedAsHeldForSaleLeaseLiabilities_1" xlink:title="Label : DecreaseThroughClassifiedAsHeldForSaleLeaseLiabilities to label_DecreaseThroughClassifiedAsHeldForSaleLeaseLiabilities_1" />
    <link:label xlink:type="resource" xlink:label="label_DecreaseThroughClassifiedAsHeldForSaleLeaseLiabilities_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DecreaseThroughClassifiedAsHeldForSaleLeaseLiabilities_2" xml:lang="en-US" id="label_DecreaseThroughClassifiedAsHeldForSaleLeaseLiabilities_2">Decrease through Classified as Held for Sale, Lease Liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecreaseThroughClassifiedAsHeldForSaleLeaseLiabilities" xlink:to="label_DecreaseThroughClassifiedAsHeldForSaleLeaseLiabilities_2" xlink:title="Label : DecreaseThroughClassifiedAsHeldForSaleLeaseLiabilities to label_DecreaseThroughClassifiedAsHeldForSaleLeaseLiabilities_2" />
    <link:label xlink:type="resource" xlink:label="label_IntangibleAssetsOtherThanGoodwillMember_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IntangibleAssetsOtherThanGoodwillMember_1" xml:lang="en-US" id="label_IntangibleAssetsOtherThanGoodwillMember_1">Intangible assets other than goodwill [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IntangibleAssetsOtherThanGoodwillMember" xlink:to="label_IntangibleAssetsOtherThanGoodwillMember_1" xlink:title="Label : IntangibleAssetsOtherThanGoodwillMember to label_IntangibleAssetsOtherThanGoodwillMember_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DeferredTaxExpenseIncomeRecognisedInProfitOrLossFromDiscontinuedOperations" xlink:label="DeferredTaxExpenseIncomeRecognisedInProfitOrLossFromDiscontinuedOperations" xlink:title="DeferredTaxExpenseIncomeRecognisedInProfitOrLossFromDiscontinuedOperations" />
    <link:label xlink:type="resource" xlink:label="label_DeferredTaxExpenseIncomeRecognisedInProfitOrLossFromDiscontinuedOperations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DeferredTaxExpenseIncomeRecognisedInProfitOrLossFromDiscontinuedOperations" xml:lang="en-US" id="label_DeferredTaxExpenseIncomeRecognisedInProfitOrLossFromDiscontinuedOperations">Deferred tax expense (income) recognised in profit or loss from discontinued operations</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredTaxExpenseIncomeRecognisedInProfitOrLossFromDiscontinuedOperations" xlink:to="label_DeferredTaxExpenseIncomeRecognisedInProfitOrLossFromDiscontinuedOperations" xlink:title="Label : DeferredTaxExpenseIncomeRecognisedInProfitOrLossFromDiscontinuedOperations to label_DeferredTaxExpenseIncomeRecognisedInProfitOrLossFromDiscontinuedOperations" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredTaxExpenseIncomeRecognisedInProfitOrLossFromDiscontinuedOperations" xlink:to="label_DeferredTaxExpenseIncomeRecognisedInProfitOrLossFromDiscontinuedOperations_1" xlink:title="Label : DeferredTaxExpenseIncomeRecognisedInProfitOrLossFromDiscontinuedOperations to label_DeferredTaxExpenseIncomeRecognisedInProfitOrLossFromDiscontinuedOperations_1" />
    <link:label xlink:type="resource" xlink:label="label_DeferredTaxExpenseIncomeRecognisedInProfitOrLossFromDiscontinuedOperations_2" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_DeferredTaxExpenseIncomeRecognisedInProfitOrLossFromDiscontinuedOperations_2" xml:lang="en-US" id="label_DeferredTaxExpenseIncomeRecognisedInProfitOrLossFromDiscontinuedOperations_2">Deferred IRPJ and CSLL of subsidiaries classified as discontinued operations</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredTaxExpenseIncomeRecognisedInProfitOrLossFromDiscontinuedOperations" xlink:to="label_DeferredTaxExpenseIncomeRecognisedInProfitOrLossFromDiscontinuedOperations_2" xlink:title="Label : DeferredTaxExpenseIncomeRecognisedInProfitOrLossFromDiscontinuedOperations to label_DeferredTaxExpenseIncomeRecognisedInProfitOrLossFromDiscontinuedOperations_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DecreaseThroughClassifiedAsHeldForSaleDeferredTaxLiabilityAsset" xlink:label="DecreaseThroughClassifiedAsHeldForSaleDeferredTaxLiabilityAsset" xlink:title="DecreaseThroughClassifiedAsHeldForSaleDeferredTaxLiabilityAsset" />
    <link:label xlink:type="resource" xlink:label="label_DecreaseThroughClassifiedAsHeldForSaleDeferredTaxLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DecreaseThroughClassifiedAsHeldForSaleDeferredTaxLiabilityAsset" xml:lang="en-US" id="label_DecreaseThroughClassifiedAsHeldForSaleDeferredTaxLiabilityAsset">Decrease through classified as held for sale, deferred tax liability (asset)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecreaseThroughClassifiedAsHeldForSaleDeferredTaxLiabilityAsset" xlink:to="label_DecreaseThroughClassifiedAsHeldForSaleDeferredTaxLiabilityAsset" xlink:title="Label : DecreaseThroughClassifiedAsHeldForSaleDeferredTaxLiabilityAsset to label_DecreaseThroughClassifiedAsHeldForSaleDeferredTaxLiabilityAsset" />
    <link:label xlink:type="resource" xlink:label="label_DecreaseThroughClassifiedAsHeldForSaleDeferredTaxLiabilityAsset_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DecreaseThroughClassifiedAsHeldForSaleDeferredTaxLiabilityAsset_1" xml:lang="en-US" id="label_DecreaseThroughClassifiedAsHeldForSaleDeferredTaxLiabilityAsset_1">The decrease in deferred tax liability (asset) resulting from classification as held for sale or inclusion in a disposal group classified as held for sale.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecreaseThroughClassifiedAsHeldForSaleDeferredTaxLiabilityAsset" xlink:to="label_DecreaseThroughClassifiedAsHeldForSaleDeferredTaxLiabilityAsset_1" xlink:title="Label : DecreaseThroughClassifiedAsHeldForSaleDeferredTaxLiabilityAsset to label_DecreaseThroughClassifiedAsHeldForSaleDeferredTaxLiabilityAsset_1" />
    <link:label xlink:type="resource" xlink:label="label_DecreaseThroughClassifiedAsHeldForSaleDeferredTaxLiabilityAsset_2" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_DecreaseThroughClassifiedAsHeldForSaleDeferredTaxLiabilityAsset_2" xml:lang="en-US" id="label_DecreaseThroughClassifiedAsHeldForSaleDeferredTaxLiabilityAsset_2">Reclassification to assets held for sale</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecreaseThroughClassifiedAsHeldForSaleDeferredTaxLiabilityAsset" xlink:to="label_DecreaseThroughClassifiedAsHeldForSaleDeferredTaxLiabilityAsset_2" xlink:title="Label : DecreaseThroughClassifiedAsHeldForSaleDeferredTaxLiabilityAsset to label_DecreaseThroughClassifiedAsHeldForSaleDeferredTaxLiabilityAsset_2" />
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    <link:label xlink:type="resource" xlink:label="label_DeferredIncomeAndSocialContributionTaxesMonetaryVariationFromSpecialSystemForSettlementAndCustodyOnRepetitionOfTaxUnduePayments_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DeferredIncomeAndSocialContributionTaxesMonetaryVariationFromSpecialSystemForSettlementAndCustodyOnRepetitionOfTaxUnduePayments_1" xml:lang="en-US" id="label_DeferredIncomeAndSocialContributionTaxesMonetaryVariationFromSpecialSystemForSettlementAndCustodyOnRepetitionOfTaxUnduePayments_1">The amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from monetary variation from Special System for Settlement and Custody (&#x201C;SELIC&#x201D;) on repetition of tax undue payments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredIncomeAndSocialContributionTaxesMonetaryVariationFromSpecialSystemForSettlementAndCustodyOnRepetitionOfTaxUnduePayments" xlink:to="label_DeferredIncomeAndSocialContributionTaxesMonetaryVariationFromSpecialSystemForSettlementAndCustodyOnRepetitionOfTaxUnduePayments_1" xlink:title="Label : DeferredIncomeAndSocialContributionTaxesMonetaryVariationFromSpecialSystemForSettlementAndCustodyOnRepetitionOfTaxUnduePayments to label_DeferredIncomeAndSocialContributionTaxesMonetaryVariationFromSpecialSystemForSettlementAndCustodyOnRepetitionOfTaxUnduePayments_1" />
    <link:label xlink:type="resource" xlink:label="label_DeferredIncomeAndSocialContributionTaxesMonetaryVariationFromSpecialSystemForSettlementAndCustodyOnRepetitionOfTaxUnduePayments_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DeferredIncomeAndSocialContributionTaxesMonetaryVariationFromSpecialSystemForSettlementAndCustodyOnRepetitionOfTaxUnduePayments_2" xml:lang="en-US" id="label_DeferredIncomeAndSocialContributionTaxesMonetaryVariationFromSpecialSystemForSettlementAndCustodyOnRepetitionOfTaxUnduePayments_2">Deferred income and social contribution taxes, monetary variation (SELIC) on repetition of tax undue payments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredIncomeAndSocialContributionTaxesMonetaryVariationFromSpecialSystemForSettlementAndCustodyOnRepetitionOfTaxUnduePayments" xlink:to="label_DeferredIncomeAndSocialContributionTaxesMonetaryVariationFromSpecialSystemForSettlementAndCustodyOnRepetitionOfTaxUnduePayments_2" xlink:title="Label : DeferredIncomeAndSocialContributionTaxesMonetaryVariationFromSpecialSystemForSettlementAndCustodyOnRepetitionOfTaxUnduePayments to label_DeferredIncomeAndSocialContributionTaxesMonetaryVariationFromSpecialSystemForSettlementAndCustodyOnRepetitionOfTaxUnduePayments_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_TenderOffersToPurchaseNotesMember" xlink:label="TenderOffersToPurchaseNotesMember" xlink:title="TenderOffersToPurchaseNotesMember" />
    <link:label xlink:type="resource" xlink:label="label_TenderOffersToPurchaseNotesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_TenderOffersToPurchaseNotesMember" xml:lang="en-US" id="label_TenderOffersToPurchaseNotesMember">This member stands for the information pertaining to Tender offers to purchase notes.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TenderOffersToPurchaseNotesMember" xlink:to="label_TenderOffersToPurchaseNotesMember" xlink:title="Label : TenderOffersToPurchaseNotesMember to label_TenderOffersToPurchaseNotesMember" />
    <link:label xlink:type="resource" xlink:label="label_TenderOffersToPurchaseNotesMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TenderOffersToPurchaseNotesMember_1" xml:lang="en-US" id="label_TenderOffersToPurchaseNotesMember_1">Tender offers to purchase notes</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TenderOffersToPurchaseNotesMember" xlink:to="label_TenderOffersToPurchaseNotesMember_1" xlink:title="Label : TenderOffersToPurchaseNotesMember to label_TenderOffersToPurchaseNotesMember_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AggregatePrincipalAmountOfNotesPurchasedThroughExerciseOfRightsToIncreaseOfInitialAggregateTenderAmount" xlink:label="AggregatePrincipalAmountOfNotesPurchasedThroughExerciseOfRightsToIncreaseOfInitialAggregateTenderAmount" xlink:title="AggregatePrincipalAmountOfNotesPurchasedThroughExerciseOfRightsToIncreaseOfInitialAggregateTenderAmount" />
    <link:label xlink:type="resource" xlink:label="label_AggregatePrincipalAmountOfNotesPurchasedThroughExerciseOfRightsToIncreaseOfInitialAggregateTenderAmount" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AggregatePrincipalAmountOfNotesPurchasedThroughExerciseOfRightsToIncreaseOfInitialAggregateTenderAmount" xml:lang="en-US" id="label_AggregatePrincipalAmountOfNotesPurchasedThroughExerciseOfRightsToIncreaseOfInitialAggregateTenderAmount">Aggregate principal amount of notes purchased through exercise of rights to increase of initial aggregate tender amount</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AggregatePrincipalAmountOfNotesPurchasedThroughExerciseOfRightsToIncreaseOfInitialAggregateTenderAmount" xlink:to="label_AggregatePrincipalAmountOfNotesPurchasedThroughExerciseOfRightsToIncreaseOfInitialAggregateTenderAmount" xlink:title="Label : AggregatePrincipalAmountOfNotesPurchasedThroughExerciseOfRightsToIncreaseOfInitialAggregateTenderAmount to label_AggregatePrincipalAmountOfNotesPurchasedThroughExerciseOfRightsToIncreaseOfInitialAggregateTenderAmount" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_MaximumAggregateTenderAmountAvailableForIncrease" xlink:label="MaximumAggregateTenderAmountAvailableForIncrease" xlink:title="MaximumAggregateTenderAmountAvailableForIncrease" />
    <link:label xlink:type="resource" xlink:label="label_MaximumAggregateTenderAmountAvailableForIncrease" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_MaximumAggregateTenderAmountAvailableForIncrease" xml:lang="en-US" id="label_MaximumAggregateTenderAmountAvailableForIncrease">The amount of maximum aggregate tender value available for increase by the reporting entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaximumAggregateTenderAmountAvailableForIncrease" xlink:to="label_MaximumAggregateTenderAmountAvailableForIncrease" xlink:title="Label : MaximumAggregateTenderAmountAvailableForIncrease to label_MaximumAggregateTenderAmountAvailableForIncrease" />
    <link:label xlink:type="resource" xlink:label="label_MaximumAggregateTenderAmountAvailableForIncrease_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_MaximumAggregateTenderAmountAvailableForIncrease_1" xml:lang="en-US" id="label_MaximumAggregateTenderAmountAvailableForIncrease_1">Maximum aggregate tender amount available for increase</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaximumAggregateTenderAmountAvailableForIncrease" xlink:to="label_MaximumAggregateTenderAmountAvailableForIncrease_1" xlink:title="Label : MaximumAggregateTenderAmountAvailableForIncrease to label_MaximumAggregateTenderAmountAvailableForIncrease_1" />
    <link:label xlink:type="resource" xlink:label="label_AggregatePrincipalAmountOfNotesPurchasedThroughExerciseOfRightsToIncreaseOfInitialAggregateTenderAmount_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AggregatePrincipalAmountOfNotesPurchasedThroughExerciseOfRightsToIncreaseOfInitialAggregateTenderAmount_1" xml:lang="en-US" id="label_AggregatePrincipalAmountOfNotesPurchasedThroughExerciseOfRightsToIncreaseOfInitialAggregateTenderAmount_1">The aggregate principal amount of notes purchased through exercise of rights to increase of initial aggregate tender amount.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AggregatePrincipalAmountOfNotesPurchasedThroughExerciseOfRightsToIncreaseOfInitialAggregateTenderAmount" xlink:to="label_AggregatePrincipalAmountOfNotesPurchasedThroughExerciseOfRightsToIncreaseOfInitialAggregateTenderAmount_1" xlink:title="Label : AggregatePrincipalAmountOfNotesPurchasedThroughExerciseOfRightsToIncreaseOfInitialAggregateTenderAmount to label_AggregatePrincipalAmountOfNotesPurchasedThroughExerciseOfRightsToIncreaseOfInitialAggregateTenderAmount_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AggregatePrincipalAmountOfValidOffersReceived" xlink:label="AggregatePrincipalAmountOfValidOffersReceived" xlink:title="AggregatePrincipalAmountOfValidOffersReceived" />
    <link:label xlink:type="resource" xlink:label="label_AggregatePrincipalAmountOfValidOffersReceived" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AggregatePrincipalAmountOfValidOffersReceived" xml:lang="en-US" id="label_AggregatePrincipalAmountOfValidOffersReceived">Aggregate principal amount of valid offers received</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AggregatePrincipalAmountOfValidOffersReceived" xlink:to="label_AggregatePrincipalAmountOfValidOffersReceived" xlink:title="Label : AggregatePrincipalAmountOfValidOffersReceived to label_AggregatePrincipalAmountOfValidOffersReceived" />
    <link:label xlink:type="resource" xlink:label="label_MaximumAggregateTenderAmountAvailableForIncrease_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MaximumAggregateTenderAmountAvailableForIncrease_2" xml:lang="en-US" id="label_MaximumAggregateTenderAmountAvailableForIncrease_2">Maximum aggregate tender amount available for increase</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaximumAggregateTenderAmountAvailableForIncrease" xlink:to="label_MaximumAggregateTenderAmountAvailableForIncrease_2" xlink:title="Label : MaximumAggregateTenderAmountAvailableForIncrease to label_MaximumAggregateTenderAmountAvailableForIncrease_2" />
    <link:label xlink:type="resource" xlink:label="label_AggregatePrincipalAmountOfNotesPurchasedThroughExerciseOfRightsToIncreaseOfInitialAggregateTenderAmount_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AggregatePrincipalAmountOfNotesPurchasedThroughExerciseOfRightsToIncreaseOfInitialAggregateTenderAmount_2" xml:lang="en-US" id="label_AggregatePrincipalAmountOfNotesPurchasedThroughExerciseOfRightsToIncreaseOfInitialAggregateTenderAmount_2">Aggregate principal amount of notes purchased through exercise of rights to increase of initial aggregate tender amount</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AggregatePrincipalAmountOfNotesPurchasedThroughExerciseOfRightsToIncreaseOfInitialAggregateTenderAmount" xlink:to="label_AggregatePrincipalAmountOfNotesPurchasedThroughExerciseOfRightsToIncreaseOfInitialAggregateTenderAmount_2" xlink:title="Label : AggregatePrincipalAmountOfNotesPurchasedThroughExerciseOfRightsToIncreaseOfInitialAggregateTenderAmount to label_AggregatePrincipalAmountOfNotesPurchasedThroughExerciseOfRightsToIncreaseOfInitialAggregateTenderAmount_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_UniaoVopakArmazensGeraisLtdaMember" xlink:label="UniaoVopakArmazensGeraisLtdaMember" xlink:title="UniaoVopakArmazensGeraisLtdaMember" />
    <link:label xlink:type="resource" xlink:label="label_UniaoVopakArmazensGeraisLtdaMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_UniaoVopakArmazensGeraisLtdaMember" xml:lang="en-US" id="label_UniaoVopakArmazensGeraisLtdaMember">Uni&#xE3;o Vopak Armaz&#xE9;ns Gerais Ltda. [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UniaoVopakArmazensGeraisLtdaMember" xlink:to="label_UniaoVopakArmazensGeraisLtdaMember" xlink:title="Label : UniaoVopakArmazensGeraisLtdaMember to label_UniaoVopakArmazensGeraisLtdaMember" />
    <link:label xlink:type="resource" xlink:label="label_UniaoVopakArmazensGeraisLtdaMember_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_UniaoVopakArmazensGeraisLtdaMember_1" xml:lang="en-US" id="label_UniaoVopakArmazensGeraisLtdaMember_1">This member stands for the information pertaining to Uni&#xE3;o Vopak Armaz&#xE9;ns Gerais Ltda.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UniaoVopakArmazensGeraisLtdaMember" xlink:to="label_UniaoVopakArmazensGeraisLtdaMember_1" xlink:title="Label : UniaoVopakArmazensGeraisLtdaMember to label_UniaoVopakArmazensGeraisLtdaMember_1" />
    <link:label xlink:type="resource" xlink:label="label_UniaoVopakArmazensGeraisLtdaMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_UniaoVopakArmazensGeraisLtdaMember_2" xml:lang="en-US" id="label_UniaoVopakArmazensGeraisLtdaMember_2">Uniao Vopak Armaz&#xE9;ns Gerais Ltda. [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UniaoVopakArmazensGeraisLtdaMember" xlink:to="label_UniaoVopakArmazensGeraisLtdaMember_2" xlink:title="Label : UniaoVopakArmazensGeraisLtdaMember to label_UniaoVopakArmazensGeraisLtdaMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_RightOfUseAssetsRelatedPartyTransactions" xlink:label="RightOfUseAssetsRelatedPartyTransactions" xlink:title="RightOfUseAssetsRelatedPartyTransactions" />
    <link:label xlink:type="resource" xlink:label="label_RightOfUseAssetsRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RightOfUseAssetsRelatedPartyTransactions" xml:lang="en-US" id="label_RightOfUseAssetsRelatedPartyTransactions">Right-of-use assets, related party transactions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RightOfUseAssetsRelatedPartyTransactions" xlink:to="label_RightOfUseAssetsRelatedPartyTransactions" xlink:title="Label : RightOfUseAssetsRelatedPartyTransactions to label_RightOfUseAssetsRelatedPartyTransactions" />
    <link:label xlink:type="resource" xlink:label="label_RightOfUseAssetsRelatedPartyTransactions_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_RightOfUseAssetsRelatedPartyTransactions_1" xml:lang="en-US" id="label_RightOfUseAssetsRelatedPartyTransactions_1">The amount of right-of-use assets resulting from related party transactions.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RightOfUseAssetsRelatedPartyTransactions" xlink:to="label_RightOfUseAssetsRelatedPartyTransactions_1" xlink:title="Label : RightOfUseAssetsRelatedPartyTransactions to label_RightOfUseAssetsRelatedPartyTransactions_1" />
    <link:label xlink:type="resource" xlink:label="label_RightOfUseAssetsRelatedPartyTransactions_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_RightOfUseAssetsRelatedPartyTransactions_2" xml:lang="en-US" id="label_RightOfUseAssetsRelatedPartyTransactions_2">Right-of-use assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RightOfUseAssetsRelatedPartyTransactions" xlink:to="label_RightOfUseAssetsRelatedPartyTransactions_2" xlink:title="Label : RightOfUseAssetsRelatedPartyTransactions to label_RightOfUseAssetsRelatedPartyTransactions_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_LeasesPayableRelatedPartyTransactions" xlink:label="LeasesPayableRelatedPartyTransactions" xlink:title="LeasesPayableRelatedPartyTransactions" />
    <link:label xlink:type="resource" xlink:label="label_LeasesPayableRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LeasesPayableRelatedPartyTransactions" xml:lang="en-US" id="label_LeasesPayableRelatedPartyTransactions">Leases payable, related party transactions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LeasesPayableRelatedPartyTransactions" xlink:to="label_LeasesPayableRelatedPartyTransactions" xlink:title="Label : LeasesPayableRelatedPartyTransactions to label_LeasesPayableRelatedPartyTransactions" />
    <link:label xlink:type="resource" xlink:label="label_LeasesPayableRelatedPartyTransactions_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_LeasesPayableRelatedPartyTransactions_1" xml:lang="en-US" id="label_LeasesPayableRelatedPartyTransactions_1">The amount of leases payable resulting from related party transactions.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LeasesPayableRelatedPartyTransactions" xlink:to="label_LeasesPayableRelatedPartyTransactions_1" xlink:title="Label : LeasesPayableRelatedPartyTransactions to label_LeasesPayableRelatedPartyTransactions_1" />
    <link:label xlink:type="resource" xlink:label="label_LeasesPayableRelatedPartyTransactions_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LeasesPayableRelatedPartyTransactions_2" xml:lang="en-US" id="label_LeasesPayableRelatedPartyTransactions_2">Leases payable</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LeasesPayableRelatedPartyTransactions" xlink:to="label_LeasesPayableRelatedPartyTransactions_2" xlink:title="Label : LeasesPayableRelatedPartyTransactions to label_LeasesPayableRelatedPartyTransactions_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ContractTermOfLoansReceivableFromRelatedParties" xlink:label="ContractTermOfLoansReceivableFromRelatedParties" xlink:title="ContractTermOfLoansReceivableFromRelatedParties" />
    <link:label xlink:type="resource" xlink:label="label_ContractTermOfLoansReceivableFromRelatedParties" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ContractTermOfLoansReceivableFromRelatedParties" xml:lang="en-US" id="label_ContractTermOfLoansReceivableFromRelatedParties">Contract term of loans receivable from related parties</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContractTermOfLoansReceivableFromRelatedParties" xlink:to="label_ContractTermOfLoansReceivableFromRelatedParties" xlink:title="Label : ContractTermOfLoansReceivableFromRelatedParties to label_ContractTermOfLoansReceivableFromRelatedParties" />
    <link:label xlink:type="resource" xlink:label="label_ContractTermOfLoansReceivableFromRelatedParties_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ContractTermOfLoansReceivableFromRelatedParties_1" xml:lang="en-US" id="label_ContractTermOfLoansReceivableFromRelatedParties_1">The period of loans receivable contracted from related parties.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContractTermOfLoansReceivableFromRelatedParties" xlink:to="label_ContractTermOfLoansReceivableFromRelatedParties_1" xlink:title="Label : ContractTermOfLoansReceivableFromRelatedParties to label_ContractTermOfLoansReceivableFromRelatedParties_1" />
    <link:label xlink:type="resource" xlink:label="label_ContractTermOfLoansReceivableFromRelatedParties_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ContractTermOfLoansReceivableFromRelatedParties_2" xml:lang="en-US" id="label_ContractTermOfLoansReceivableFromRelatedParties_2">Contract term of loans receivable from related parties</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContractTermOfLoansReceivableFromRelatedParties" xlink:to="label_ContractTermOfLoansReceivableFromRelatedParties_2" xlink:title="Label : ContractTermOfLoansReceivableFromRelatedParties to label_ContractTermOfLoansReceivableFromRelatedParties_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_KeyManagementPersonnelOfEntityOrParentMember" xlink:label="KeyManagementPersonnelOfEntityOrParentMember" xlink:title="KeyManagementPersonnelOfEntityOrParentMember" />
    <link:label xlink:type="resource" xlink:label="label_KeyManagementPersonnelOfEntityOrParentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_KeyManagementPersonnelOfEntityOrParentMember" xml:lang="en-US" id="label_KeyManagementPersonnelOfEntityOrParentMember">Key management personnel of entity or parent [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeyManagementPersonnelOfEntityOrParentMember" xlink:to="label_KeyManagementPersonnelOfEntityOrParentMember" xlink:title="Label : KeyManagementPersonnelOfEntityOrParentMember to label_KeyManagementPersonnelOfEntityOrParentMember" />
    <link:label xlink:type="resource" xlink:label="label_KeyManagementPersonnelOfEntityOrParentMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_KeyManagementPersonnelOfEntityOrParentMember_1" xml:lang="en-US" id="label_KeyManagementPersonnelOfEntityOrParentMember_1">Management</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeyManagementPersonnelOfEntityOrParentMember" xlink:to="label_KeyManagementPersonnelOfEntityOrParentMember_1" xlink:title="Label : KeyManagementPersonnelOfEntityOrParentMember to label_KeyManagementPersonnelOfEntityOrParentMember_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AmortizationReversalOfAmortizationOfShareBasedPlansRecognizedAsGeneralAndAdministrativeExpense" xlink:label="AmortizationReversalOfAmortizationOfShareBasedPlansRecognizedAsGeneralAndAdministrativeExpense" xlink:title="AmortizationReversalOfAmortizationOfShareBasedPlansRecognizedAsGeneralAndAdministrativeExpense" />
    <link:label xlink:type="resource" xlink:label="label_AmortizationReversalOfAmortizationOfShareBasedPlansRecognizedAsGeneralAndAdministrativeExpense" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AmortizationReversalOfAmortizationOfShareBasedPlansRecognizedAsGeneralAndAdministrativeExpense" xml:lang="en-US" id="label_AmortizationReversalOfAmortizationOfShareBasedPlansRecognizedAsGeneralAndAdministrativeExpense">Amortization (reversal of amortization) of share based plans recognized as general and administrative</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmortizationReversalOfAmortizationOfShareBasedPlansRecognizedAsGeneralAndAdministrativeExpense" xlink:to="label_AmortizationReversalOfAmortizationOfShareBasedPlansRecognizedAsGeneralAndAdministrativeExpense" xlink:title="Label : AmortizationReversalOfAmortizationOfShareBasedPlansRecognizedAsGeneralAndAdministrativeExpense to label_AmortizationReversalOfAmortizationOfShareBasedPlansRecognizedAsGeneralAndAdministrativeExpense" />
    <link:label xlink:type="resource" xlink:label="label_AmortizationReversalOfAmortizationOfShareBasedPlansRecognizedAsGeneralAndAdministrativeExpense_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AmortizationReversalOfAmortizationOfShareBasedPlansRecognizedAsGeneralAndAdministrativeExpense_1" xml:lang="en-US" id="label_AmortizationReversalOfAmortizationOfShareBasedPlansRecognizedAsGeneralAndAdministrativeExpense_1">The amount of amortization (reversal of amortization) of share based plans recognized as general and administrative expense from related party transactions.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmortizationReversalOfAmortizationOfShareBasedPlansRecognizedAsGeneralAndAdministrativeExpense" xlink:to="label_AmortizationReversalOfAmortizationOfShareBasedPlansRecognizedAsGeneralAndAdministrativeExpense_1" xlink:title="Label : AmortizationReversalOfAmortizationOfShareBasedPlansRecognizedAsGeneralAndAdministrativeExpense to label_AmortizationReversalOfAmortizationOfShareBasedPlansRecognizedAsGeneralAndAdministrativeExpense_1" />
    <link:label xlink:type="resource" xlink:label="label_AmortizationReversalOfAmortizationOfShareBasedPlansRecognizedAsGeneralAndAdministrativeExpense_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AmortizationReversalOfAmortizationOfShareBasedPlansRecognizedAsGeneralAndAdministrativeExpense_2" xml:lang="en-US" id="label_AmortizationReversalOfAmortizationOfShareBasedPlansRecognizedAsGeneralAndAdministrativeExpense_2">Amortization (reversal of amortization) of share based plans recognized as general and administrative expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmortizationReversalOfAmortizationOfShareBasedPlansRecognizedAsGeneralAndAdministrativeExpense" xlink:to="label_AmortizationReversalOfAmortizationOfShareBasedPlansRecognizedAsGeneralAndAdministrativeExpense_2" xlink:title="Label : AmortizationReversalOfAmortizationOfShareBasedPlansRecognizedAsGeneralAndAdministrativeExpense to label_AmortizationReversalOfAmortizationOfShareBasedPlansRecognizedAsGeneralAndAdministrativeExpense_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_PeriodOfAmortizationFromGrantDate" xlink:label="PeriodOfAmortizationFromGrantDate" xlink:title="PeriodOfAmortizationFromGrantDate" />
    <link:label xlink:type="resource" xlink:label="label_PeriodOfAmortizationFromGrantDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PeriodOfAmortizationFromGrantDate" xml:lang="en-US" id="label_PeriodOfAmortizationFromGrantDate">Period of amortization from grant date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PeriodOfAmortizationFromGrantDate" xlink:to="label_PeriodOfAmortizationFromGrantDate" xlink:title="Label : PeriodOfAmortizationFromGrantDate to label_PeriodOfAmortizationFromGrantDate" />
    <link:label xlink:type="resource" xlink:label="label_PeriodOfAmortizationFromGrantDate_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_PeriodOfAmortizationFromGrantDate_1" xml:lang="en-US" id="label_PeriodOfAmortizationFromGrantDate_1">The period of amortization from grant date of share based plans.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PeriodOfAmortizationFromGrantDate" xlink:to="label_PeriodOfAmortizationFromGrantDate_1" xlink:title="Label : PeriodOfAmortizationFromGrantDate to label_PeriodOfAmortizationFromGrantDate_1" />
    <link:label xlink:type="resource" xlink:label="label_PeriodOfAmortizationFromGrantDate_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_PeriodOfAmortizationFromGrantDate_2" xml:lang="en-US" id="label_PeriodOfAmortizationFromGrantDate_2">Period of amortization from grant date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PeriodOfAmortizationFromGrantDate" xlink:to="label_PeriodOfAmortizationFromGrantDate_2" xlink:title="Label : PeriodOfAmortizationFromGrantDate to label_PeriodOfAmortizationFromGrantDate_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NumberOfOtherEquityInstrumentsReclassifiedToHeldForSaleInShareBasedPaymentArrangement" xlink:label="NumberOfOtherEquityInstrumentsReclassifiedToHeldForSaleInShareBasedPaymentArrangement" xlink:title="NumberOfOtherEquityInstrumentsReclassifiedToHeldForSaleInShareBasedPaymentArrangement" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfOtherEquityInstrumentsReclassifiedToHeldForSaleInShareBasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NumberOfOtherEquityInstrumentsReclassifiedToHeldForSaleInShareBasedPaymentArrangement" xml:lang="en-US" id="label_NumberOfOtherEquityInstrumentsReclassifiedToHeldForSaleInShareBasedPaymentArrangement">Reclassification to assets held for sale</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfOtherEquityInstrumentsReclassifiedToHeldForSaleInShareBasedPaymentArrangement" xlink:to="label_NumberOfOtherEquityInstrumentsReclassifiedToHeldForSaleInShareBasedPaymentArrangement" xlink:title="Label : NumberOfOtherEquityInstrumentsReclassifiedToHeldForSaleInShareBasedPaymentArrangement to label_NumberOfOtherEquityInstrumentsReclassifiedToHeldForSaleInShareBasedPaymentArrangement" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfOtherEquityInstrumentsReclassifiedToHeldForSaleInShareBasedPaymentArrangement_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_NumberOfOtherEquityInstrumentsReclassifiedToHeldForSaleInShareBasedPaymentArrangement_1" xml:lang="en-US" id="label_NumberOfOtherEquityInstrumentsReclassifiedToHeldForSaleInShareBasedPaymentArrangement_1">The number of other equity instruments (ie other than share options) reclassified to held for sale in a share-based payment arrangement.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfOtherEquityInstrumentsReclassifiedToHeldForSaleInShareBasedPaymentArrangement" xlink:to="label_NumberOfOtherEquityInstrumentsReclassifiedToHeldForSaleInShareBasedPaymentArrangement_1" xlink:title="Label : NumberOfOtherEquityInstrumentsReclassifiedToHeldForSaleInShareBasedPaymentArrangement to label_NumberOfOtherEquityInstrumentsReclassifiedToHeldForSaleInShareBasedPaymentArrangement_1" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfOtherEquityInstrumentsReclassifiedToHeldForSaleInShareBasedPaymentArrangement_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NumberOfOtherEquityInstrumentsReclassifiedToHeldForSaleInShareBasedPaymentArrangement_2" xml:lang="en-US" id="label_NumberOfOtherEquityInstrumentsReclassifiedToHeldForSaleInShareBasedPaymentArrangement_2">Number of other equity instruments reclassified to held for sale in share-based payment arrangement</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfOtherEquityInstrumentsReclassifiedToHeldForSaleInShareBasedPaymentArrangement" xlink:to="label_NumberOfOtherEquityInstrumentsReclassifiedToHeldForSaleInShareBasedPaymentArrangement_2" xlink:title="Label : NumberOfOtherEquityInstrumentsReclassifiedToHeldForSaleInShareBasedPaymentArrangement to label_NumberOfOtherEquityInstrumentsReclassifiedToHeldForSaleInShareBasedPaymentArrangement_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_RestrictedStockAwardMember" xlink:label="RestrictedStockAwardMember" xlink:title="RestrictedStockAwardMember" />
    <link:label xlink:type="resource" xlink:label="label_RestrictedStockAwardMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RestrictedStockAwardMember" xml:lang="en-US" id="label_RestrictedStockAwardMember">Restricted Stock Award [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RestrictedStockAwardMember" xlink:to="label_RestrictedStockAwardMember" xlink:title="Label : RestrictedStockAwardMember to label_RestrictedStockAwardMember" />
    <link:label xlink:type="resource" xlink:label="label_RestrictedStockAwardMember_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_RestrictedStockAwardMember_1" xml:lang="en-US" id="label_RestrictedStockAwardMember_1">This member stands for the information pertaining to restricted stock award plan.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RestrictedStockAwardMember" xlink:to="label_RestrictedStockAwardMember_1" xlink:title="Label : RestrictedStockAwardMember to label_RestrictedStockAwardMember_1" />
    <link:label xlink:type="resource" xlink:label="label_RestrictedStockAwardMember_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_RestrictedStockAwardMember_2" xml:lang="en-US" id="label_RestrictedStockAwardMember_2">Restricted Stock Award [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RestrictedStockAwardMember" xlink:to="label_RestrictedStockAwardMember_2" xlink:title="Label : RestrictedStockAwardMember to label_RestrictedStockAwardMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_PerformanceStockAwardMember" xlink:label="PerformanceStockAwardMember" xlink:title="PerformanceStockAwardMember" />
    <link:label xlink:type="resource" xlink:label="label_PerformanceStockAwardMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PerformanceStockAwardMember" xml:lang="en-US" id="label_PerformanceStockAwardMember">Performance Stock Award [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PerformanceStockAwardMember" xlink:to="label_PerformanceStockAwardMember" xlink:title="Label : PerformanceStockAwardMember to label_PerformanceStockAwardMember" />
    <link:label xlink:type="resource" xlink:label="label_PerformanceStockAwardMember_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_PerformanceStockAwardMember_1" xml:lang="en-US" id="label_PerformanceStockAwardMember_1">This member stands for the information pertaining to performance stock award plan.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PerformanceStockAwardMember" xlink:to="label_PerformanceStockAwardMember_1" xlink:title="Label : PerformanceStockAwardMember to label_PerformanceStockAwardMember_1" />
    <link:label xlink:type="resource" xlink:label="label_PerformanceStockAwardMember_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_PerformanceStockAwardMember_2" xml:lang="en-US" id="label_PerformanceStockAwardMember_2">Performance Stock Award [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PerformanceStockAwardMember" xlink:to="label_PerformanceStockAwardMember_2" xlink:title="Label : PerformanceStockAwardMember to label_PerformanceStockAwardMember_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_PrincipalPlaceOfBusinessOfSubsidiary" xlink:label="PrincipalPlaceOfBusinessOfSubsidiary" xlink:title="PrincipalPlaceOfBusinessOfSubsidiary" />
    <link:label xlink:type="resource" xlink:label="label_PrincipalPlaceOfBusinessOfSubsidiary" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PrincipalPlaceOfBusinessOfSubsidiary" xml:lang="en-US" id="label_PrincipalPlaceOfBusinessOfSubsidiary">Principal place of business of subsidiary</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PrincipalPlaceOfBusinessOfSubsidiary" xlink:to="label_PrincipalPlaceOfBusinessOfSubsidiary" xlink:title="Label : PrincipalPlaceOfBusinessOfSubsidiary to label_PrincipalPlaceOfBusinessOfSubsidiary" />
    <link:label xlink:type="resource" xlink:label="label_PrincipalPlaceOfBusinessOfSubsidiary_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_PrincipalPlaceOfBusinessOfSubsidiary_1" xml:lang="en-US" id="label_PrincipalPlaceOfBusinessOfSubsidiary_1">Location</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PrincipalPlaceOfBusinessOfSubsidiary" xlink:to="label_PrincipalPlaceOfBusinessOfSubsidiary_1" xlink:title="Label : PrincipalPlaceOfBusinessOfSubsidiary to label_PrincipalPlaceOfBusinessOfSubsidiary_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DecreaseThroughClassifiedAsHeldForSaleAllowanceAccountForCreditLossesOfFinancialAssets" xlink:label="DecreaseThroughClassifiedAsHeldForSaleAllowanceAccountForCreditLossesOfFinancialAssets" xlink:title="DecreaseThroughClassifiedAsHeldForSaleAllowanceAccountForCreditLossesOfFinancialAssets" />
    <link:label xlink:type="resource" xlink:label="label_DecreaseThroughClassifiedAsHeldForSaleAllowanceAccountForCreditLossesOfFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DecreaseThroughClassifiedAsHeldForSaleAllowanceAccountForCreditLossesOfFinancialAssets" xml:lang="en-US" id="label_DecreaseThroughClassifiedAsHeldForSaleAllowanceAccountForCreditLossesOfFinancialAssets">Decrease through classified as held for sale, allowance account for credit losses of financial assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecreaseThroughClassifiedAsHeldForSaleAllowanceAccountForCreditLossesOfFinancialAssets" xlink:to="label_DecreaseThroughClassifiedAsHeldForSaleAllowanceAccountForCreditLossesOfFinancialAssets" xlink:title="Label : DecreaseThroughClassifiedAsHeldForSaleAllowanceAccountForCreditLossesOfFinancialAssets to label_DecreaseThroughClassifiedAsHeldForSaleAllowanceAccountForCreditLossesOfFinancialAssets" />
    <link:label xlink:type="resource" xlink:label="label_DecreaseThroughClassifiedAsHeldForSaleAllowanceAccountForCreditLossesOfFinancialAssets_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DecreaseThroughClassifiedAsHeldForSaleAllowanceAccountForCreditLossesOfFinancialAssets_1" xml:lang="en-US" id="label_DecreaseThroughClassifiedAsHeldForSaleAllowanceAccountForCreditLossesOfFinancialAssets_1">The decrease in an allowance account for credit losses of financial assets resulting from classification as held for sale or inclusion in a disposal group classified as held for sale.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecreaseThroughClassifiedAsHeldForSaleAllowanceAccountForCreditLossesOfFinancialAssets" xlink:to="label_DecreaseThroughClassifiedAsHeldForSaleAllowanceAccountForCreditLossesOfFinancialAssets_1" xlink:title="Label : DecreaseThroughClassifiedAsHeldForSaleAllowanceAccountForCreditLossesOfFinancialAssets to label_DecreaseThroughClassifiedAsHeldForSaleAllowanceAccountForCreditLossesOfFinancialAssets_1" />
    <link:label xlink:type="resource" xlink:label="label_DecreaseThroughClassifiedAsHeldForSaleAllowanceAccountForCreditLossesOfFinancialAssets_2" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_DecreaseThroughClassifiedAsHeldForSaleAllowanceAccountForCreditLossesOfFinancialAssets_2" xml:lang="en-US" id="label_DecreaseThroughClassifiedAsHeldForSaleAllowanceAccountForCreditLossesOfFinancialAssets_2">Reclassification to assets held for sale</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecreaseThroughClassifiedAsHeldForSaleAllowanceAccountForCreditLossesOfFinancialAssets" xlink:to="label_DecreaseThroughClassifiedAsHeldForSaleAllowanceAccountForCreditLossesOfFinancialAssets_2" xlink:title="Label : DecreaseThroughClassifiedAsHeldForSaleAllowanceAccountForCreditLossesOfFinancialAssets to label_DecreaseThroughClassifiedAsHeldForSaleAllowanceAccountForCreditLossesOfFinancialAssets_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DecreaseThroughReversalsToNetRealizableValueAdjustmentProvisionsForLossesInventories" xlink:label="DecreaseThroughReversalsToNetRealizableValueAdjustmentProvisionsForLossesInventories" xlink:title="DecreaseThroughReversalsToNetRealizableValueAdjustmentProvisionsForLossesInventories" />
    <link:label xlink:type="resource" xlink:label="label_DecreaseThroughReversalsToNetRealizableValueAdjustmentProvisionsForLossesInventories" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_DecreaseThroughReversalsToNetRealizableValueAdjustmentProvisionsForLossesInventories" xml:lang="en-US" id="label_DecreaseThroughReversalsToNetRealizableValueAdjustmentProvisionsForLossesInventories">Reversals to net realizable value adjustment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecreaseThroughReversalsToNetRealizableValueAdjustmentProvisionsForLossesInventories" xlink:to="label_DecreaseThroughReversalsToNetRealizableValueAdjustmentProvisionsForLossesInventories" xlink:title="Label : DecreaseThroughReversalsToNetRealizableValueAdjustmentProvisionsForLossesInventories to label_DecreaseThroughReversalsToNetRealizableValueAdjustmentProvisionsForLossesInventories" />
    <link:label xlink:type="resource" xlink:label="label_DecreaseThroughReversalsToNetRealizableValueAdjustmentProvisionsForLossesInventories_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DecreaseThroughReversalsToNetRealizableValueAdjustmentProvisionsForLossesInventories_1" xml:lang="en-US" id="label_DecreaseThroughReversalsToNetRealizableValueAdjustmentProvisionsForLossesInventories_1">The decrease in provisions for losses of inventories resulting from reversals to net realizable value adjustment.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecreaseThroughReversalsToNetRealizableValueAdjustmentProvisionsForLossesInventories" xlink:to="label_DecreaseThroughReversalsToNetRealizableValueAdjustmentProvisionsForLossesInventories_1" xlink:title="Label : DecreaseThroughReversalsToNetRealizableValueAdjustmentProvisionsForLossesInventories to label_DecreaseThroughReversalsToNetRealizableValueAdjustmentProvisionsForLossesInventories_1" />
    <link:label xlink:type="resource" xlink:label="label_DecreaseThroughReversalsToNetRealizableValueAdjustmentProvisionsForLossesInventories_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DecreaseThroughReversalsToNetRealizableValueAdjustmentProvisionsForLossesInventories_2" xml:lang="en-US" id="label_DecreaseThroughReversalsToNetRealizableValueAdjustmentProvisionsForLossesInventories_2">Decrease through reversals to net realizable value adjustment, Provisions for losses, inventories</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecreaseThroughReversalsToNetRealizableValueAdjustmentProvisionsForLossesInventories" xlink:to="label_DecreaseThroughReversalsToNetRealizableValueAdjustmentProvisionsForLossesInventories_2" xlink:title="Label : DecreaseThroughReversalsToNetRealizableValueAdjustmentProvisionsForLossesInventories to label_DecreaseThroughReversalsToNetRealizableValueAdjustmentProvisionsForLossesInventories_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DecreaseThroughClassifiedAsHeldForSaleProvisionForLossesInventories" xlink:label="DecreaseThroughClassifiedAsHeldForSaleProvisionForLossesInventories" xlink:title="DecreaseThroughClassifiedAsHeldForSaleProvisionForLossesInventories" />
    <link:label xlink:type="resource" xlink:label="label_DecreaseThroughClassifiedAsHeldForSaleProvisionForLossesInventories" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_DecreaseThroughClassifiedAsHeldForSaleProvisionForLossesInventories" xml:lang="en-US" id="label_DecreaseThroughClassifiedAsHeldForSaleProvisionForLossesInventories">Reclassification to assets held for sale</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecreaseThroughClassifiedAsHeldForSaleProvisionForLossesInventories" xlink:to="label_DecreaseThroughClassifiedAsHeldForSaleProvisionForLossesInventories" xlink:title="Label : DecreaseThroughClassifiedAsHeldForSaleProvisionForLossesInventories to label_DecreaseThroughClassifiedAsHeldForSaleProvisionForLossesInventories" />
    <link:label xlink:type="resource" xlink:label="label_DecreaseThroughClassifiedAsHeldForSaleProvisionForLossesInventories_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DecreaseThroughClassifiedAsHeldForSaleProvisionForLossesInventories_1" xml:lang="en-US" id="label_DecreaseThroughClassifiedAsHeldForSaleProvisionForLossesInventories_1">The decrease in provisions for losses of inventories resulting from classification as held for sale or inclusion in a disposal group classified as held for sale.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecreaseThroughClassifiedAsHeldForSaleProvisionForLossesInventories" xlink:to="label_DecreaseThroughClassifiedAsHeldForSaleProvisionForLossesInventories_1" xlink:title="Label : DecreaseThroughClassifiedAsHeldForSaleProvisionForLossesInventories to label_DecreaseThroughClassifiedAsHeldForSaleProvisionForLossesInventories_1" />
    <link:label xlink:type="resource" xlink:label="label_DecreaseThroughClassifiedAsHeldForSaleProvisionForLossesInventories_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DecreaseThroughClassifiedAsHeldForSaleProvisionForLossesInventories_2" xml:lang="en-US" id="label_DecreaseThroughClassifiedAsHeldForSaleProvisionForLossesInventories_2">Decrease through classified as held for sale, Provisions for losses, inventories</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecreaseThroughClassifiedAsHeldForSaleProvisionForLossesInventories" xlink:to="label_DecreaseThroughClassifiedAsHeldForSaleProvisionForLossesInventories_2" xlink:title="Label : DecreaseThroughClassifiedAsHeldForSaleProvisionForLossesInventories to label_DecreaseThroughClassifiedAsHeldForSaleProvisionForLossesInventories_2" />
    <link:label xlink:type="resource" xlink:label="label_SubsidiariesMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_SubsidiariesMember_1" xml:lang="en-US" id="label_SubsidiariesMember_1">Subsidiaries [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubsidiariesMember" xlink:to="label_SubsidiariesMember_1" xlink:title="Label : SubsidiariesMember to label_SubsidiariesMember_1" />
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    <link:label xlink:type="resource" xlink:label="label_DeferredIncomeAndSocialContributionTaxExpenseBenefitOnImpairmentLoss" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_DeferredIncomeAndSocialContributionTaxExpenseBenefitOnImpairmentLoss" xml:lang="en-US" id="label_DeferredIncomeAndSocialContributionTaxExpenseBenefitOnImpairmentLoss">Deferred income and social contribution tax expense (benefit) on impairment loss of assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredIncomeAndSocialContributionTaxExpenseBenefitOnImpairmentLoss" xlink:to="label_DeferredIncomeAndSocialContributionTaxExpenseBenefitOnImpairmentLoss" xlink:title="Label : DeferredIncomeAndSocialContributionTaxExpenseBenefitOnImpairmentLoss to label_DeferredIncomeAndSocialContributionTaxExpenseBenefitOnImpairmentLoss" />
    <link:label xlink:type="resource" xlink:label="label_DeferredIncomeAndSocialContributionTaxExpenseBenefitOnImpairmentLoss_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DeferredIncomeAndSocialContributionTaxExpenseBenefitOnImpairmentLoss_1" xml:lang="en-US" id="label_DeferredIncomeAndSocialContributionTaxExpenseBenefitOnImpairmentLoss_1">The amount of deferred income and social contribution tax expense (benefit) on impairment loss.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredIncomeAndSocialContributionTaxExpenseBenefitOnImpairmentLoss" xlink:to="label_DeferredIncomeAndSocialContributionTaxExpenseBenefitOnImpairmentLoss_1" xlink:title="Label : DeferredIncomeAndSocialContributionTaxExpenseBenefitOnImpairmentLoss to label_DeferredIncomeAndSocialContributionTaxExpenseBenefitOnImpairmentLoss_1" />
    <link:label xlink:type="resource" xlink:label="label_DeferredIncomeAndSocialContributionTaxExpenseBenefitOnImpairmentLoss_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DeferredIncomeAndSocialContributionTaxExpenseBenefitOnImpairmentLoss_2" xml:lang="en-US" id="label_DeferredIncomeAndSocialContributionTaxExpenseBenefitOnImpairmentLoss_2">Deferred income and social contribution taxes</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredIncomeAndSocialContributionTaxExpenseBenefitOnImpairmentLoss" xlink:to="label_DeferredIncomeAndSocialContributionTaxExpenseBenefitOnImpairmentLoss_2" xlink:title="Label : DeferredIncomeAndSocialContributionTaxExpenseBenefitOnImpairmentLoss to label_DeferredIncomeAndSocialContributionTaxExpenseBenefitOnImpairmentLoss_2" />
    <link:label xlink:type="resource" xlink:label="label_ImpairmentLossRecognisedInProfitOrLoss_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ImpairmentLossRecognisedInProfitOrLoss_1" xml:lang="en-US" id="label_ImpairmentLossRecognisedInProfitOrLoss_1">Impairment loss recognised in profit or loss</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ImpairmentLossRecognisedInProfitOrLoss" xlink:to="label_ImpairmentLossRecognisedInProfitOrLoss_1" xlink:title="Label : ImpairmentLossRecognisedInProfitOrLoss to label_ImpairmentLossRecognisedInProfitOrLoss_1" />
    <link:label xlink:type="resource" xlink:label="label_ImpairmentLoss_2" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_ImpairmentLoss_2" xml:lang="en-US" id="label_ImpairmentLoss_2">Impairment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ImpairmentLoss" xlink:to="label_ImpairmentLoss_2" xlink:title="Label : ImpairmentLoss to label_ImpairmentLoss_2" />
    <link:label xlink:type="resource" xlink:label="label_BorrowingsMaturity_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_BorrowingsMaturity_2" xml:lang="en-US" id="label_BorrowingsMaturity_2">Borrowings, maturity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingsMaturity" xlink:to="label_BorrowingsMaturity_2" xlink:title="Label : BorrowingsMaturity to label_BorrowingsMaturity_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AssetsInForeignCurrencyAbstract" xlink:label="AssetsInForeignCurrencyAbstract" xlink:title="AssetsInForeignCurrencyAbstract" />
    <link:label xlink:type="resource" xlink:label="label_AssetsInForeignCurrencyAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AssetsInForeignCurrencyAbstract" xml:lang="en-US" id="label_AssetsInForeignCurrencyAbstract">Assets in foreign currency [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AssetsInForeignCurrencyAbstract" xlink:to="label_AssetsInForeignCurrencyAbstract" xlink:title="Label : AssetsInForeignCurrencyAbstract to label_AssetsInForeignCurrencyAbstract" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ConcentrationsOfRiskAxis" xlink:label="ConcentrationsOfRiskAxis" xlink:title="ConcentrationsOfRiskAxis" />
    <link:label xlink:type="resource" xlink:label="label_ConcentrationsOfRiskAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ConcentrationsOfRiskAxis" xml:lang="en-US" id="label_ConcentrationsOfRiskAxis">Concentrations of risk [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConcentrationsOfRiskAxis" xlink:to="label_ConcentrationsOfRiskAxis" xlink:title="Label : ConcentrationsOfRiskAxis to label_ConcentrationsOfRiskAxis" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ConcentrationsOfRiskMember" xlink:label="ConcentrationsOfRiskMember" xlink:title="ConcentrationsOfRiskMember" />
    <link:label xlink:type="resource" xlink:label="label_ConcentrationsOfRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ConcentrationsOfRiskMember" xml:lang="en-US" id="label_ConcentrationsOfRiskMember">Concentrations of risk [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConcentrationsOfRiskMember" xlink:to="label_ConcentrationsOfRiskMember" xlink:title="Label : ConcentrationsOfRiskMember to label_ConcentrationsOfRiskMember" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_CustomerConcentrationsRiskMember" xlink:label="CustomerConcentrationsRiskMember" xlink:title="CustomerConcentrationsRiskMember" />
    <link:label xlink:type="resource" xlink:label="label_CustomerConcentrationsRiskMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CustomerConcentrationsRiskMember" xml:lang="en-US" id="label_CustomerConcentrationsRiskMember">Customer concentrations risk</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CustomerConcentrationsRiskMember" xlink:to="label_CustomerConcentrationsRiskMember" xlink:title="Label : CustomerConcentrationsRiskMember to label_CustomerConcentrationsRiskMember" />
    <link:label xlink:type="resource" xlink:label="label_CustomerConcentrationsRiskMember_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_CustomerConcentrationsRiskMember_1" xml:lang="en-US" id="label_CustomerConcentrationsRiskMember_1">This member stands for the information pertaining to reflects the percentage that revenues in the period from one or more significant customers is to net revenues, as defined by the entity, such as total net revenues, product line revenues, segment revenues. The risk is the materially adverse effects of loss of a significant customer.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CustomerConcentrationsRiskMember" xlink:to="label_CustomerConcentrationsRiskMember_1" xlink:title="Label : CustomerConcentrationsRiskMember to label_CustomerConcentrationsRiskMember_1" />
    <link:label xlink:type="resource" xlink:label="label_CustomerConcentrationsRiskMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CustomerConcentrationsRiskMember_2" xml:lang="en-US" id="label_CustomerConcentrationsRiskMember_2">Customer concentrations risk [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CustomerConcentrationsRiskMember" xlink:to="label_CustomerConcentrationsRiskMember_2" xlink:title="Label : CustomerConcentrationsRiskMember to label_CustomerConcentrationsRiskMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_CustomerOneMember" xlink:label="CustomerOneMember" xlink:title="CustomerOneMember" />
    <link:label xlink:type="resource" xlink:label="label_CustomerOneMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CustomerOneMember" xml:lang="en-US" id="label_CustomerOneMember">Customer one</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CustomerOneMember" xlink:to="label_CustomerOneMember" xlink:title="Label : CustomerOneMember to label_CustomerOneMember" />
    <link:label xlink:type="resource" xlink:label="label_CustomerOneMember_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_CustomerOneMember_1" xml:lang="en-US" id="label_CustomerOneMember_1">This member stands for the information pertaining to a "Customer one" of the reporting entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CustomerOneMember" xlink:to="label_CustomerOneMember_1" xlink:title="Label : CustomerOneMember to label_CustomerOneMember_1" />
    <link:label xlink:type="resource" xlink:label="label_CustomerOneMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CustomerOneMember_2" xml:lang="en-US" id="label_CustomerOneMember_2">Customer one [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CustomerOneMember" xlink:to="label_CustomerOneMember_2" xlink:title="Label : CustomerOneMember to label_CustomerOneMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NumberOfCustomers" xlink:label="NumberOfCustomers" xlink:title="NumberOfCustomers" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfCustomers" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NumberOfCustomers" xml:lang="en-US" id="label_NumberOfCustomers">Number of customers</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfCustomers" xlink:to="label_NumberOfCustomers" xlink:title="Label : NumberOfCustomers to label_NumberOfCustomers" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfCustomers_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_NumberOfCustomers_1" xml:lang="en-US" id="label_NumberOfCustomers_1">The number of customers which reporting entity generate revenue from product or services.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfCustomers" xlink:to="label_NumberOfCustomers_1" xlink:title="Label : NumberOfCustomers to label_NumberOfCustomers_1" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfCustomers_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NumberOfCustomers_2" xml:lang="en-US" id="label_NumberOfCustomers_2">Number of customers</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfCustomers" xlink:to="label_NumberOfCustomers_2" xlink:title="Label : NumberOfCustomers to label_NumberOfCustomers_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_PercentageOfEntitysRevenue" xlink:label="PercentageOfEntitysRevenue" xlink:title="PercentageOfEntitysRevenue" />
    <link:label xlink:type="resource" xlink:label="label_PercentageOfEntitysRevenue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PercentageOfEntitysRevenue" xml:lang="en-US" id="label_PercentageOfEntitysRevenue">Percentage of entity's revenue</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfEntitysRevenue" xlink:to="label_PercentageOfEntitysRevenue" xlink:title="Label : PercentageOfEntitysRevenue to label_PercentageOfEntitysRevenue" />
    <link:label xlink:type="resource" xlink:label="label_PercentageOfEntitysRevenue_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_PercentageOfEntitysRevenue_1" xml:lang="en-US" id="label_PercentageOfEntitysRevenue_1">Percentage of entity's consolidated revenue</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfEntitysRevenue" xlink:to="label_PercentageOfEntitysRevenue_1" xlink:title="Label : PercentageOfEntitysRevenue to label_PercentageOfEntitysRevenue_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_MaximumPercentageOfIdentifiedRiskToCoverByDerivativeFinancialInstruments" xlink:label="MaximumPercentageOfIdentifiedRiskToCoverByDerivativeFinancialInstruments" xlink:title="MaximumPercentageOfIdentifiedRiskToCoverByDerivativeFinancialInstruments" />
    <link:label xlink:type="resource" xlink:label="label_MaximumPercentageOfIdentifiedRiskToCoverByDerivativeFinancialInstruments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MaximumPercentageOfIdentifiedRiskToCoverByDerivativeFinancialInstruments" xml:lang="en-US" id="label_MaximumPercentageOfIdentifiedRiskToCoverByDerivativeFinancialInstruments">Maximum percentage of identified risk to cover by derivative financial instruments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaximumPercentageOfIdentifiedRiskToCoverByDerivativeFinancialInstruments" xlink:to="label_MaximumPercentageOfIdentifiedRiskToCoverByDerivativeFinancialInstruments" xlink:title="Label : MaximumPercentageOfIdentifiedRiskToCoverByDerivativeFinancialInstruments to label_MaximumPercentageOfIdentifiedRiskToCoverByDerivativeFinancialInstruments" />
    <link:label xlink:type="resource" xlink:label="label_MaximumPercentageOfIdentifiedRiskToCoverByDerivativeFinancialInstruments_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_MaximumPercentageOfIdentifiedRiskToCoverByDerivativeFinancialInstruments_1" xml:lang="en-US" id="label_MaximumPercentageOfIdentifiedRiskToCoverByDerivativeFinancialInstruments_1">The maximum percentage of identified risk to cover by derivative financial instruments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaximumPercentageOfIdentifiedRiskToCoverByDerivativeFinancialInstruments" xlink:to="label_MaximumPercentageOfIdentifiedRiskToCoverByDerivativeFinancialInstruments_1" xlink:title="Label : MaximumPercentageOfIdentifiedRiskToCoverByDerivativeFinancialInstruments to label_MaximumPercentageOfIdentifiedRiskToCoverByDerivativeFinancialInstruments_1" />
    <link:label xlink:type="resource" xlink:label="label_MaximumPercentageOfIdentifiedRiskToCoverByDerivativeFinancialInstruments_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_MaximumPercentageOfIdentifiedRiskToCoverByDerivativeFinancialInstruments_2" xml:lang="en-US" id="label_MaximumPercentageOfIdentifiedRiskToCoverByDerivativeFinancialInstruments_2">Maximum percentage of identified risk to cover by derivative financial instruments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaximumPercentageOfIdentifiedRiskToCoverByDerivativeFinancialInstruments" xlink:to="label_MaximumPercentageOfIdentifiedRiskToCoverByDerivativeFinancialInstruments_2" xlink:title="Label : MaximumPercentageOfIdentifiedRiskToCoverByDerivativeFinancialInstruments to label_MaximumPercentageOfIdentifiedRiskToCoverByDerivativeFinancialInstruments_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AssetExposureFromSubsidiariesHeldForSale" xlink:label="AssetExposureFromSubsidiariesHeldForSale" xlink:title="AssetExposureFromSubsidiariesHeldForSale" />
    <link:label xlink:type="resource" xlink:label="label_AssetExposureFromSubsidiariesHeldForSale" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AssetExposureFromSubsidiariesHeldForSale" xml:lang="en-US" id="label_AssetExposureFromSubsidiariesHeldForSale">Asset exposure from subsidiaries held for sale</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AssetExposureFromSubsidiariesHeldForSale" xlink:to="label_AssetExposureFromSubsidiariesHeldForSale" xlink:title="Label : AssetExposureFromSubsidiariesHeldForSale to label_AssetExposureFromSubsidiariesHeldForSale" />
    <link:label xlink:type="resource" xlink:label="label_AssetExposureFromSubsidiariesHeldForSale_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AssetExposureFromSubsidiariesHeldForSale_1" xml:lang="en-US" id="label_AssetExposureFromSubsidiariesHeldForSale_1">The amount of assets exposure from subsidiaries held for sale in foreign currency.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AssetExposureFromSubsidiariesHeldForSale" xlink:to="label_AssetExposureFromSubsidiariesHeldForSale_1" xlink:title="Label : AssetExposureFromSubsidiariesHeldForSale to label_AssetExposureFromSubsidiariesHeldForSale_1" />
    <link:label xlink:type="resource" xlink:label="label_AssetExposureFromSubsidiariesHeldForSale_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AssetExposureFromSubsidiariesHeldForSale_2" xml:lang="en-US" id="label_AssetExposureFromSubsidiariesHeldForSale_2">Asset exposure from subsidiaries held for sale</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AssetExposureFromSubsidiariesHeldForSale" xlink:to="label_AssetExposureFromSubsidiariesHeldForSale_2" xlink:title="Label : AssetExposureFromSubsidiariesHeldForSale to label_AssetExposureFromSubsidiariesHeldForSale_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_LiabilitiesExposureFromSubsidiariesHeldForSale" xlink:label="LiabilitiesExposureFromSubsidiariesHeldForSale" xlink:title="LiabilitiesExposureFromSubsidiariesHeldForSale" />
    <link:label xlink:type="resource" xlink:label="label_LiabilitiesExposureFromSubsidiariesHeldForSale" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LiabilitiesExposureFromSubsidiariesHeldForSale" xml:lang="en-US" id="label_LiabilitiesExposureFromSubsidiariesHeldForSale">Liabilities exposure from subsidiaries held for sale</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesExposureFromSubsidiariesHeldForSale" xlink:to="label_LiabilitiesExposureFromSubsidiariesHeldForSale" xlink:title="Label : LiabilitiesExposureFromSubsidiariesHeldForSale to label_LiabilitiesExposureFromSubsidiariesHeldForSale" />
    <link:label xlink:type="resource" xlink:label="label_LiabilitiesExposureFromSubsidiariesHeldForSale_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_LiabilitiesExposureFromSubsidiariesHeldForSale_1" xml:lang="en-US" id="label_LiabilitiesExposureFromSubsidiariesHeldForSale_1">The amount of liabilities exposure from subsidiaries held for sale in foreign currency.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesExposureFromSubsidiariesHeldForSale" xlink:to="label_LiabilitiesExposureFromSubsidiariesHeldForSale_1" xlink:title="Label : LiabilitiesExposureFromSubsidiariesHeldForSale to label_LiabilitiesExposureFromSubsidiariesHeldForSale_1" />
    <link:label xlink:type="resource" xlink:label="label_LiabilitiesExposureFromSubsidiariesHeldForSale_2" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_LiabilitiesExposureFromSubsidiariesHeldForSale_2" xml:lang="en-US" id="label_LiabilitiesExposureFromSubsidiariesHeldForSale_2">Liabilities exposure from subsidiaries held for sale</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesExposureFromSubsidiariesHeldForSale" xlink:to="label_LiabilitiesExposureFromSubsidiariesHeldForSale_2" xlink:title="Label : LiabilitiesExposureFromSubsidiariesHeldForSale to label_LiabilitiesExposureFromSubsidiariesHeldForSale_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ForeignCurrencyHedgingInstrumentsFromSubsidiariesHeldForSale" xlink:label="ForeignCurrencyHedgingInstrumentsFromSubsidiariesHeldForSale" xlink:title="ForeignCurrencyHedgingInstrumentsFromSubsidiariesHeldForSale" />
    <link:label xlink:type="resource" xlink:label="label_ForeignCurrencyHedgingInstrumentsFromSubsidiariesHeldForSale" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ForeignCurrencyHedgingInstrumentsFromSubsidiariesHeldForSale" xml:lang="en-US" id="label_ForeignCurrencyHedgingInstrumentsFromSubsidiariesHeldForSale">Foreign currency hedging instruments from subsidiaries held for sale</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignCurrencyHedgingInstrumentsFromSubsidiariesHeldForSale" xlink:to="label_ForeignCurrencyHedgingInstrumentsFromSubsidiariesHeldForSale" xlink:title="Label : ForeignCurrencyHedgingInstrumentsFromSubsidiariesHeldForSale to label_ForeignCurrencyHedgingInstrumentsFromSubsidiariesHeldForSale" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ImpairmentLossRecognisedInProfitOrLoss" xlink:to="label_ImpairmentLossRecognisedInProfitOrLoss_2" xlink:title="Label : ImpairmentLossRecognisedInProfitOrLoss to label_ImpairmentLossRecognisedInProfitOrLoss_2" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems_1" xml:lang="en-US" id="label_DisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems_1">Assets and liabilities from subsidiaries held for sale and discontinued operations</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems" xlink:to="label_DisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems_1" xlink:title="Label : DisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems to label_DisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems_1" />
    <link:label xlink:type="resource" xlink:label="label_RightofuseAssetsMember_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_RightofuseAssetsMember_2" xml:lang="en-US" id="label_RightofuseAssetsMember_2">Right-of-use assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RightofuseAssetsMember" xlink:to="label_RightofuseAssetsMember_2" xlink:title="Label : RightofuseAssetsMember to label_RightofuseAssetsMember_2" />
    <link:label xlink:type="resource" xlink:label="label_PropertyPlantAndEquipmentMember_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_PropertyPlantAndEquipmentMember_2" xml:lang="en-US" id="label_PropertyPlantAndEquipmentMember_2">Property, plant, and equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PropertyPlantAndEquipmentMember" xlink:to="label_PropertyPlantAndEquipmentMember_2" xlink:title="Label : PropertyPlantAndEquipmentMember to label_PropertyPlantAndEquipmentMember_2" />
    <link:label xlink:type="resource" xlink:label="label_IntangibleAssetsOtherThanGoodwillMember_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_IntangibleAssetsOtherThanGoodwillMember_2" xml:lang="en-US" id="label_IntangibleAssetsOtherThanGoodwillMember_2">Intangibles assets arising from business combination</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IntangibleAssetsOtherThanGoodwillMember" xlink:to="label_IntangibleAssetsOtherThanGoodwillMember_2" xlink:title="Label : IntangibleAssetsOtherThanGoodwillMember to label_IntangibleAssetsOtherThanGoodwillMember_2" />
    <link:label xlink:type="resource" xlink:label="label_GoodwillMember_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_GoodwillMember_2" xml:lang="en-US" id="label_GoodwillMember_2">Goodwill</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GoodwillMember" xlink:to="label_GoodwillMember_2" xlink:title="Label : GoodwillMember to label_GoodwillMember_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsTable" xlink:label="DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsTable" xlink:title="DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsTable" />
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AssetsAndLiabilitiesClassifiedAsHeldForSaleAxis" xlink:label="AssetsAndLiabilitiesClassifiedAsHeldForSaleAxis" xlink:title="AssetsAndLiabilitiesClassifiedAsHeldForSaleAxis" />
    <link:label xlink:type="resource" xlink:label="label_AssetsAndLiabilitiesClassifiedAsHeldForSaleAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AssetsAndLiabilitiesClassifiedAsHeldForSaleAxis" xml:lang="en-US" id="label_AssetsAndLiabilitiesClassifiedAsHeldForSaleAxis">Assets and liabilities classified as held for sale [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AssetsAndLiabilitiesClassifiedAsHeldForSaleAxis" xlink:to="label_AssetsAndLiabilitiesClassifiedAsHeldForSaleAxis" xlink:title="Label : AssetsAndLiabilitiesClassifiedAsHeldForSaleAxis to label_AssetsAndLiabilitiesClassifiedAsHeldForSaleAxis" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AssetsAndLiabilitiesNotClassifiedAsHeldForSaleMember" xlink:label="AssetsAndLiabilitiesNotClassifiedAsHeldForSaleMember" xlink:title="AssetsAndLiabilitiesNotClassifiedAsHeldForSaleMember" />
    <link:label xlink:type="resource" xlink:label="label_AssetsAndLiabilitiesNotClassifiedAsHeldForSaleMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AssetsAndLiabilitiesNotClassifiedAsHeldForSaleMember" xml:lang="en-US" id="label_AssetsAndLiabilitiesNotClassifiedAsHeldForSaleMember">Assets and liabilities not classified as held for sale [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AssetsAndLiabilitiesNotClassifiedAsHeldForSaleMember" xlink:to="label_AssetsAndLiabilitiesNotClassifiedAsHeldForSaleMember" xlink:title="Label : AssetsAndLiabilitiesNotClassifiedAsHeldForSaleMember to label_AssetsAndLiabilitiesNotClassifiedAsHeldForSaleMember" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems" xlink:label="DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems" xlink:title="DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems" xlink:to="label_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems" xlink:title="Label : DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems to label_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems" />
    <link:label xlink:type="resource" xlink:label="label_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners_2" xml:lang="en-US" id="label_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners_2">Total current assets other than non-current assets or disposal groups classified as held for sale</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" xlink:to="label_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners_2" xlink:title="Label : CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners to label_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners_2" />
    <link:label xlink:type="resource" xlink:label="label_NonCurrentInvestments_3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NonCurrentInvestments_3" xml:lang="en-US" id="label_NonCurrentInvestments_3">Investments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonCurrentInvestments" xlink:to="label_NonCurrentInvestments_3" xlink:title="Label : NonCurrentInvestments to label_NonCurrentInvestments_3" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherNoncurrentAssets" xlink:label="OtherNoncurrentAssets" xlink:title="OtherNoncurrentAssets" />
    <link:label xlink:type="resource" xlink:label="label_OtherNoncurrentAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherNoncurrentAssets" xml:lang="en-US" id="label_OtherNoncurrentAssets">Other non-current assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherNoncurrentAssets" xlink:to="label_OtherNoncurrentAssets" xlink:title="Label : OtherNoncurrentAssets to label_OtherNoncurrentAssets" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NonCurrentAssetsOtherThanInvestmentsTangibleIntangibleAndRightOfUseAssets" xlink:label="NonCurrentAssetsOtherThanInvestmentsTangibleIntangibleAndRightOfUseAssets" xlink:title="NonCurrentAssetsOtherThanInvestmentsTangibleIntangibleAndRightOfUseAssets" />
    <link:label xlink:type="resource" xlink:label="label_NonCurrentAssetsOtherThanInvestmentsTangibleIntangibleAndRightOfUseAssets" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_NonCurrentAssetsOtherThanInvestmentsTangibleIntangibleAndRightOfUseAssets" xml:lang="en-US" id="label_NonCurrentAssetsOtherThanInvestmentsTangibleIntangibleAndRightOfUseAssets">Total non-current assets other than investments, tangible, intangible &amp; right-of-use assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonCurrentAssetsOtherThanInvestmentsTangibleIntangibleAndRightOfUseAssets" xlink:to="label_NonCurrentAssetsOtherThanInvestmentsTangibleIntangibleAndRightOfUseAssets" xlink:title="Label : NonCurrentAssetsOtherThanInvestmentsTangibleIntangibleAndRightOfUseAssets to label_NonCurrentAssetsOtherThanInvestmentsTangibleIntangibleAndRightOfUseAssets" />
    <link:label xlink:type="resource" xlink:label="label_NonCurrentAssetsOtherThanInvestmentsTangibleIntangibleAndRightOfUseAssets_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_NonCurrentAssetsOtherThanInvestmentsTangibleIntangibleAndRightOfUseAssets_1" xml:lang="en-US" id="label_NonCurrentAssetsOtherThanInvestmentsTangibleIntangibleAndRightOfUseAssets_1">The amount of non-current assets other than investments, tangible, intangible and right-of-use assets.</link:label>
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    <link:label xlink:type="resource" xlink:label="label_NonCurrentAssetsOtherThanInvestmentsTangibleIntangibleAndRightOfUseAssets_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NonCurrentAssetsOtherThanInvestmentsTangibleIntangibleAndRightOfUseAssets_2" xml:lang="en-US" id="label_NonCurrentAssetsOtherThanInvestmentsTangibleIntangibleAndRightOfUseAssets_2">Non-current assets other than investments, tangible, intangible and right-of-use assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonCurrentAssetsOtherThanInvestmentsTangibleIntangibleAndRightOfUseAssets" xlink:to="label_NonCurrentAssetsOtherThanInvestmentsTangibleIntangibleAndRightOfUseAssets_2" xlink:title="Label : NonCurrentAssetsOtherThanInvestmentsTangibleIntangibleAndRightOfUseAssets to label_NonCurrentAssetsOtherThanInvestmentsTangibleIntangibleAndRightOfUseAssets_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherCurrentLiabilities" xlink:label="OtherCurrentLiabilities" xlink:title="OtherCurrentLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_OtherCurrentLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherCurrentLiabilities" xml:lang="en-US" id="label_OtherCurrentLiabilities">Other current liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherCurrentLiabilities" xlink:to="label_OtherCurrentLiabilities" xlink:title="Label : OtherCurrentLiabilities to label_OtherCurrentLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_OtherCurrentLiabilities_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherCurrentLiabilities_1" xml:lang="en-US" id="label_OtherCurrentLiabilities_1">Other liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherCurrentLiabilities" xlink:to="label_OtherCurrentLiabilities_1" xlink:title="Label : OtherCurrentLiabilities to label_OtherCurrentLiabilities_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherNoncurrentLiabilities" xlink:label="OtherNoncurrentLiabilities" xlink:title="OtherNoncurrentLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_OtherNoncurrentLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherNoncurrentLiabilities" xml:lang="en-US" id="label_OtherNoncurrentLiabilities">Other non-current liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherNoncurrentLiabilities" xlink:to="label_OtherNoncurrentLiabilities" xlink:title="Label : OtherNoncurrentLiabilities to label_OtherNoncurrentLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_OtherNoncurrentLiabilities_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherNoncurrentLiabilities_1" xml:lang="en-US" id="label_OtherNoncurrentLiabilities_1">Other liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherNoncurrentLiabilities" xlink:to="label_OtherNoncurrentLiabilities_1" xlink:title="Label : OtherNoncurrentLiabilities to label_OtherNoncurrentLiabilities_1" />
    <link:label xlink:type="resource" xlink:label="label_Equity_5" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_Equity_5" xml:lang="en-US" id="label_Equity_5">Total equity</link:label>
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    <link:label xlink:type="resource" xlink:label="label_OtherNoncurrentAssets_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherNoncurrentAssets_1" xml:lang="en-US" id="label_OtherNoncurrentAssets_1">Other assets</link:label>
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ContinuingOperationsMember" xlink:label="ContinuingOperationsMember" xlink:title="ContinuingOperationsMember" />
    <link:label xlink:type="resource" xlink:label="label_ContinuingOperationsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ContinuingOperationsMember" xml:lang="en-US" id="label_ContinuingOperationsMember">Continuing operations [member]</link:label>
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DiscontinuedOperationsMember" xlink:label="DiscontinuedOperationsMember" xlink:title="DiscontinuedOperationsMember" />
    <link:label xlink:type="resource" xlink:label="label_DiscontinuedOperationsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DiscontinuedOperationsMember" xml:lang="en-US" id="label_DiscontinuedOperationsMember">Discontinued operations [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DiscontinuedOperationsMember" xlink:to="label_DiscontinuedOperationsMember" xlink:title="Label : DiscontinuedOperationsMember to label_DiscontinuedOperationsMember" />
    <link:label xlink:type="resource" xlink:label="label_SalesAndMarketingExpense_3" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:title="label_SalesAndMarketingExpense_3" xml:lang="en-US" id="label_SalesAndMarketingExpense_3">Selling marketing and administrative</link:label>
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    <link:label xlink:type="resource" xlink:label="label_OtherIncome_3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_OtherIncome_3" xml:lang="en-US" id="label_OtherIncome_3">Other operating income, net</link:label>
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    <link:label xlink:type="resource" xlink:label="label_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod_3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod_3" xml:lang="en-US" id="label_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod_3">Share of profit of associates</link:label>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowsFromUsedInOperatingActivitiesDiscontinuedOperations" xlink:to="label_CashFlowsFromUsedInOperatingActivitiesDiscontinuedOperations_2" xlink:title="Label : CashFlowsFromUsedInOperatingActivitiesDiscontinuedOperations to label_CashFlowsFromUsedInOperatingActivitiesDiscontinuedOperations_2" />
    <link:label xlink:type="resource" xlink:label="label_DepreciationAndAmortisationExpense_3" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xlink:title="label_DepreciationAndAmortisationExpense_3" xml:lang="en-US" id="label_DepreciationAndAmortisationExpense_3">Depreciation and amortization for the year</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepreciationAndAmortisationExpense" xlink:to="label_DepreciationAndAmortisationExpense_3" xlink:title="Label : DepreciationAndAmortisationExpense to label_DepreciationAndAmortisationExpense_3" />
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    <link:label xlink:type="resource" xlink:label="label_TaxExpenseRelatingToProfitLossFromOrdinaryActivitiesOfDiscontinuedOperations_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TaxExpenseRelatingToProfitLossFromOrdinaryActivitiesOfDiscontinuedOperations_1" xml:lang="en-US" id="label_TaxExpenseRelatingToProfitLossFromOrdinaryActivitiesOfDiscontinuedOperations_1">Tax expense (income) relating to profit (loss) from ordinary activities of discontinued operations</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxExpenseRelatingToProfitLossFromOrdinaryActivitiesOfDiscontinuedOperations" xlink:to="label_TaxExpenseRelatingToProfitLossFromOrdinaryActivitiesOfDiscontinuedOperations_1" xlink:title="Label : TaxExpenseRelatingToProfitLossFromOrdinaryActivitiesOfDiscontinuedOperations to label_TaxExpenseRelatingToProfitLossFromOrdinaryActivitiesOfDiscontinuedOperations_1" />
    <link:label xlink:type="resource" xlink:label="label_DiscontinuedOperationsMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DiscontinuedOperationsMember_1" xml:lang="en-US" id="label_DiscontinuedOperationsMember_1">Total Discontinued operations</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DiscontinuedOperationsMember" xlink:to="label_DiscontinuedOperationsMember_1" xlink:title="Label : DiscontinuedOperationsMember to label_DiscontinuedOperationsMember_1" />
    <link:label xlink:type="resource" xlink:label="label_CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations_2" xml:lang="en-US" id="label_CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations_2">Net cash provided by (used in) financing activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations" xlink:to="label_CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations_2" xlink:title="Label : CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations to label_CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations_2" />
    <link:label xlink:type="resource" xlink:label="label_ProfitLossBeforeTax_3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_ProfitLossBeforeTax_3" xml:lang="en-US" id="label_ProfitLossBeforeTax_3">Profit (loss) before income and social contribution taxes</link:label>
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    <link:label xlink:type="resource" xlink:label="label_PreviouslyStatedMember_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_PreviouslyStatedMember_2" xml:lang="en-US" id="label_PreviouslyStatedMember_2">Disclosed</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PreviouslyStatedMember" xlink:to="label_PreviouslyStatedMember_2" xlink:title="Label : PreviouslyStatedMember to label_PreviouslyStatedMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_IncreaseDecreaseInCashAndCashEquivalentsContinuingOperations" xlink:label="IncreaseDecreaseInCashAndCashEquivalentsContinuingOperations" xlink:title="IncreaseDecreaseInCashAndCashEquivalentsContinuingOperations" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseInCashAndCashEquivalentsContinuingOperations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseDecreaseInCashAndCashEquivalentsContinuingOperations" xml:lang="en-US" id="label_IncreaseDecreaseInCashAndCashEquivalentsContinuingOperations">Increase (decrease) in cash and cash equivalents, continuing operations</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseInCashAndCashEquivalentsContinuingOperations" xlink:to="label_IncreaseDecreaseInCashAndCashEquivalentsContinuingOperations" xlink:title="Label : IncreaseDecreaseInCashAndCashEquivalentsContinuingOperations to label_IncreaseDecreaseInCashAndCashEquivalentsContinuingOperations" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseInCashAndCashEquivalentsContinuingOperations_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_IncreaseDecreaseInCashAndCashEquivalentsContinuingOperations_1" xml:lang="en-US" id="label_IncreaseDecreaseInCashAndCashEquivalentsContinuingOperations_1">The increase (decrease) in cash and cash equivalents from continuing operations.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseInCashAndCashEquivalentsContinuingOperations" xlink:to="label_IncreaseDecreaseInCashAndCashEquivalentsContinuingOperations_1" xlink:title="Label : IncreaseDecreaseInCashAndCashEquivalentsContinuingOperations to label_IncreaseDecreaseInCashAndCashEquivalentsContinuingOperations_1" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseInCashAndCashEquivalentsContinuingOperations_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IncreaseDecreaseInCashAndCashEquivalentsContinuingOperations_2" xml:lang="en-US" id="label_IncreaseDecreaseInCashAndCashEquivalentsContinuingOperations_2">Increase (decrease) in cash and cash equivalents</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseInCashAndCashEquivalentsContinuingOperations" xlink:to="label_IncreaseDecreaseInCashAndCashEquivalentsContinuingOperations_2" xlink:title="Label : IncreaseDecreaseInCashAndCashEquivalentsContinuingOperations to label_IncreaseDecreaseInCashAndCashEquivalentsContinuingOperations_2" />
    <link:label xlink:type="resource" xlink:label="label_CashFlowsFromUsedInFinancingActivitiesContinuingOperations_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CashFlowsFromUsedInFinancingActivitiesContinuingOperations_2" xml:lang="en-US" id="label_CashFlowsFromUsedInFinancingActivitiesContinuingOperations_2">Net cash provided by (used in) financing activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowsFromUsedInFinancingActivitiesContinuingOperations" xlink:to="label_CashFlowsFromUsedInFinancingActivitiesContinuingOperations_2" xlink:title="Label : CashFlowsFromUsedInFinancingActivitiesContinuingOperations to label_CashFlowsFromUsedInFinancingActivitiesContinuingOperations_2" />
    <link:label xlink:type="resource" xlink:label="label_CashFlowsFromUsedInInvestingActivitiesContinuingOperations_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CashFlowsFromUsedInInvestingActivitiesContinuingOperations_2" xml:lang="en-US" id="label_CashFlowsFromUsedInInvestingActivitiesContinuingOperations_2">Net cash used in investing activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowsFromUsedInInvestingActivitiesContinuingOperations" xlink:to="label_CashFlowsFromUsedInInvestingActivitiesContinuingOperations_2" xlink:title="Label : CashFlowsFromUsedInInvestingActivitiesContinuingOperations to label_CashFlowsFromUsedInInvestingActivitiesContinuingOperations_2" />
    <link:label xlink:type="resource" xlink:label="label_CashFlowsFromUsedInOperatingActivitiesContinuingOperations_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CashFlowsFromUsedInOperatingActivitiesContinuingOperations_2" xml:lang="en-US" id="label_CashFlowsFromUsedInOperatingActivitiesContinuingOperations_2">Cash flows from (used in) operating activities, continuing operations</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowsFromUsedInOperatingActivitiesContinuingOperations" xlink:to="label_CashFlowsFromUsedInOperatingActivitiesContinuingOperations_2" xlink:title="Label : CashFlowsFromUsedInOperatingActivitiesContinuingOperations to label_CashFlowsFromUsedInOperatingActivitiesContinuingOperations_2" />
    <link:label xlink:type="resource" xlink:label="label_ProfitLoss_4" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xlink:title="label_ProfitLoss_4" xml:lang="en-US" id="label_ProfitLoss_4">Profit (loss) for the year</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitLoss" xlink:to="label_ProfitLoss_4" xlink:title="Label : ProfitLoss to label_ProfitLoss_4" />
    <link:label xlink:type="resource" xlink:label="label_IncomeTaxExpenseContinuingOperations_2" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_IncomeTaxExpenseContinuingOperations_2" xml:lang="en-US" id="label_IncomeTaxExpenseContinuingOperations_2">Income and social contribution taxes</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeTaxExpenseContinuingOperations" xlink:to="label_IncomeTaxExpenseContinuingOperations_2" xlink:title="Label : IncomeTaxExpenseContinuingOperations to label_IncomeTaxExpenseContinuingOperations_2" />
    <link:label xlink:type="resource" xlink:label="label_ProfitLossFromDiscontinuedOperations_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_ProfitLossFromDiscontinuedOperations_2" xml:lang="en-US" id="label_ProfitLossFromDiscontinuedOperations_2">Profit (loss) for the year</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitLossFromDiscontinuedOperations" xlink:to="label_ProfitLossFromDiscontinuedOperations_2" xlink:title="Label : ProfitLossFromDiscontinuedOperations to label_ProfitLossFromDiscontinuedOperations_2" />
    <link:label xlink:type="resource" xlink:label="label_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale_2" xml:lang="en-US" id="label_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale_2">Total liabilities held for sale and equity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:to="label_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale_2" xlink:title="Label : LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale to label_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherCurrentAssets" xlink:label="OtherCurrentAssets" xlink:title="OtherCurrentAssets" />
    <link:label xlink:type="resource" xlink:label="label_OtherCurrentAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherCurrentAssets" xml:lang="en-US" id="label_OtherCurrentAssets">Other current assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherCurrentAssets" xlink:to="label_OtherCurrentAssets" xlink:title="Label : OtherCurrentAssets to label_OtherCurrentAssets" />
    <link:label xlink:type="resource" xlink:label="label_OtherCurrentAssets_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherCurrentAssets_1" xml:lang="en-US" id="label_OtherCurrentAssets_1">Other assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherCurrentAssets" xlink:to="label_OtherCurrentAssets_1" xlink:title="Label : OtherCurrentAssets to label_OtherCurrentAssets_1" />
    <link:label xlink:type="resource" xlink:label="label_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners_3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners_3" xml:lang="en-US" id="label_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners_3">Total current assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" xlink:to="label_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners_3" xlink:title="Label : CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners to label_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners_3" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems_1" xml:lang="en-US" id="label_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems_1">Assets and liabilities from subsidiaries held for sale and discontinued operations</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems" xlink:to="label_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems_1" xlink:title="Label : DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems to label_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems_1" />
    <link:label xlink:type="resource" xlink:label="label_EliminationOfIntersegmentAmountsMember_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_EliminationOfIntersegmentAmountsMember_2" xml:lang="en-US" id="label_EliminationOfIntersegmentAmountsMember_2">Eliminations</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EliminationOfIntersegmentAmountsMember" xlink:to="label_EliminationOfIntersegmentAmountsMember_2" xlink:title="Label : EliminationOfIntersegmentAmountsMember to label_EliminationOfIntersegmentAmountsMember_2" />
    <link:label xlink:type="resource" xlink:label="label_RightofuseAssets_4" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_RightofuseAssets_4" xml:lang="en-US" id="label_RightofuseAssets_4">Right-of-use assets, net</link:label>
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    <link:label xlink:type="resource" xlink:label="label_ImpairmentLossRecognisedInProfitOrLoss_3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_ImpairmentLossRecognisedInProfitOrLoss_3" xml:lang="en-US" id="label_ImpairmentLossRecognisedInProfitOrLoss_3">Impairment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ImpairmentLossRecognisedInProfitOrLoss" xlink:to="label_ImpairmentLossRecognisedInProfitOrLoss_3" xlink:title="Label : ImpairmentLossRecognisedInProfitOrLoss to label_ImpairmentLossRecognisedInProfitOrLoss_3" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AggregateSalePriceOfSubsidiary" xlink:label="AggregateSalePriceOfSubsidiary" xlink:title="AggregateSalePriceOfSubsidiary" />
    <link:label xlink:type="resource" xlink:label="label_AggregateSalePriceOfSubsidiary" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AggregateSalePriceOfSubsidiary" xml:lang="en-US" id="label_AggregateSalePriceOfSubsidiary">Aggregate sale price of subsidiary</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AggregateSalePriceOfSubsidiary" xlink:to="label_AggregateSalePriceOfSubsidiary" xlink:title="Label : AggregateSalePriceOfSubsidiary to label_AggregateSalePriceOfSubsidiary" />
    <link:label xlink:type="resource" xlink:label="label_AggregateSalePriceOfSubsidiary_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AggregateSalePriceOfSubsidiary_1" xml:lang="en-US" id="label_AggregateSalePriceOfSubsidiary_1">The amount of aggregate sale price of subsidiary.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AggregateSalePriceOfSubsidiary" xlink:to="label_AggregateSalePriceOfSubsidiary_1" xlink:title="Label : AggregateSalePriceOfSubsidiary to label_AggregateSalePriceOfSubsidiary_1" />
    <link:label xlink:type="resource" xlink:label="label_AggregateSalePriceOfSubsidiary_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AggregateSalePriceOfSubsidiary_2" xml:lang="en-US" id="label_AggregateSalePriceOfSubsidiary_2">Aggregate sale price of subsidiary</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AggregateSalePriceOfSubsidiary" xlink:to="label_AggregateSalePriceOfSubsidiary_2" xlink:title="Label : AggregateSalePriceOfSubsidiary to label_AggregateSalePriceOfSubsidiary_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NumberOfInstallmentsInDisposalGroupTransaction" xlink:label="NumberOfInstallmentsInDisposalGroupTransaction" xlink:title="NumberOfInstallmentsInDisposalGroupTransaction" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfInstallmentsInDisposalGroupTransaction" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NumberOfInstallmentsInDisposalGroupTransaction" xml:lang="en-US" id="label_NumberOfInstallmentsInDisposalGroupTransaction">Number of installments in disposal group transaction</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfInstallmentsInDisposalGroupTransaction" xlink:to="label_NumberOfInstallmentsInDisposalGroupTransaction" xlink:title="Label : NumberOfInstallmentsInDisposalGroupTransaction to label_NumberOfInstallmentsInDisposalGroupTransaction" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfInstallmentsInDisposalGroupTransaction_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_NumberOfInstallmentsInDisposalGroupTransaction_1" xml:lang="en-US" id="label_NumberOfInstallmentsInDisposalGroupTransaction_1">The number of installments in disposal group transaction during period.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfInstallmentsInDisposalGroupTransaction" xlink:to="label_NumberOfInstallmentsInDisposalGroupTransaction_1" xlink:title="Label : NumberOfInstallmentsInDisposalGroupTransaction to label_NumberOfInstallmentsInDisposalGroupTransaction_1" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfInstallmentsInDisposalGroupTransaction_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NumberOfInstallmentsInDisposalGroupTransaction_2" xml:lang="en-US" id="label_NumberOfInstallmentsInDisposalGroupTransaction_2">Number of installments in disposal group transaction</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfInstallmentsInDisposalGroupTransaction" xlink:to="label_NumberOfInstallmentsInDisposalGroupTransaction_2" xlink:title="Label : NumberOfInstallmentsInDisposalGroupTransaction to label_NumberOfInstallmentsInDisposalGroupTransaction_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_PercentageOfSalePriceSettlementAsOfClosingDate" xlink:label="PercentageOfSalePriceSettlementAsOfClosingDate" xlink:title="PercentageOfSalePriceSettlementAsOfClosingDate" />
    <link:label xlink:type="resource" xlink:label="label_PercentageOfSalePriceSettlementAsOfClosingDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_PercentageOfSalePriceSettlementAsOfClosingDate" xml:lang="en-US" id="label_PercentageOfSalePriceSettlementAsOfClosingDate">Percentage of sale price settlement as of closing date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfSalePriceSettlementAsOfClosingDate" xlink:to="label_PercentageOfSalePriceSettlementAsOfClosingDate" xlink:title="Label : PercentageOfSalePriceSettlementAsOfClosingDate to label_PercentageOfSalePriceSettlementAsOfClosingDate" />
    <link:label xlink:type="resource" xlink:label="label_PercentageOfSalePriceSettlementAsOfClosingDate_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_PercentageOfSalePriceSettlementAsOfClosingDate_1" xml:lang="en-US" id="label_PercentageOfSalePriceSettlementAsOfClosingDate_1">The percentage of sale price settlement as of the closing date of disposal group transaction.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfSalePriceSettlementAsOfClosingDate" xlink:to="label_PercentageOfSalePriceSettlementAsOfClosingDate_1" xlink:title="Label : PercentageOfSalePriceSettlementAsOfClosingDate to label_PercentageOfSalePriceSettlementAsOfClosingDate_1" />
    <link:label xlink:type="resource" xlink:label="label_PercentageOfSalePriceSettlementAsOfClosingDate_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PercentageOfSalePriceSettlementAsOfClosingDate_2" xml:lang="en-US" id="label_PercentageOfSalePriceSettlementAsOfClosingDate_2">Percentage of sale price settlement as of closing date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfSalePriceSettlementAsOfClosingDate" xlink:to="label_PercentageOfSalePriceSettlementAsOfClosingDate_2" xlink:title="Label : PercentageOfSalePriceSettlementAsOfClosingDate to label_PercentageOfSalePriceSettlementAsOfClosingDate_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_PercentageOfSalePriceSettlementOnEachOfFirstAndSecondAnniversaryOfClosingDate" xlink:label="PercentageOfSalePriceSettlementOnEachOfFirstAndSecondAnniversaryOfClosingDate" xlink:title="PercentageOfSalePriceSettlementOnEachOfFirstAndSecondAnniversaryOfClosingDate" />
    <link:label xlink:type="resource" xlink:label="label_PercentageOfSalePriceSettlementOnEachOfFirstAndSecondAnniversaryOfClosingDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_PercentageOfSalePriceSettlementOnEachOfFirstAndSecondAnniversaryOfClosingDate" xml:lang="en-US" id="label_PercentageOfSalePriceSettlementOnEachOfFirstAndSecondAnniversaryOfClosingDate">Percentage of sale price settlement on each of the first and second anniversary of the closing date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfSalePriceSettlementOnEachOfFirstAndSecondAnniversaryOfClosingDate" xlink:to="label_PercentageOfSalePriceSettlementOnEachOfFirstAndSecondAnniversaryOfClosingDate" xlink:title="Label : PercentageOfSalePriceSettlementOnEachOfFirstAndSecondAnniversaryOfClosingDate to label_PercentageOfSalePriceSettlementOnEachOfFirstAndSecondAnniversaryOfClosingDate" />
    <link:label xlink:type="resource" xlink:label="label_PercentageOfSalePriceSettlementOnEachOfFirstAndSecondAnniversaryOfClosingDate_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_PercentageOfSalePriceSettlementOnEachOfFirstAndSecondAnniversaryOfClosingDate_1" xml:lang="en-US" id="label_PercentageOfSalePriceSettlementOnEachOfFirstAndSecondAnniversaryOfClosingDate_1">The percentage of sale price settlement on each of the first and second anniversary of the closing date of disposal group transaction.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfSalePriceSettlementOnEachOfFirstAndSecondAnniversaryOfClosingDate" xlink:to="label_PercentageOfSalePriceSettlementOnEachOfFirstAndSecondAnniversaryOfClosingDate_1" xlink:title="Label : PercentageOfSalePriceSettlementOnEachOfFirstAndSecondAnniversaryOfClosingDate to label_PercentageOfSalePriceSettlementOnEachOfFirstAndSecondAnniversaryOfClosingDate_1" />
    <link:label xlink:type="resource" xlink:label="label_PercentageOfSalePriceSettlementOnEachOfFirstAndSecondAnniversaryOfClosingDate_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PercentageOfSalePriceSettlementOnEachOfFirstAndSecondAnniversaryOfClosingDate_2" xml:lang="en-US" id="label_PercentageOfSalePriceSettlementOnEachOfFirstAndSecondAnniversaryOfClosingDate_2">Percentage of sale price settlement on each of first and second anniversary of closing date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfSalePriceSettlementOnEachOfFirstAndSecondAnniversaryOfClosingDate" xlink:to="label_PercentageOfSalePriceSettlementOnEachOfFirstAndSecondAnniversaryOfClosingDate_2" xlink:title="Label : PercentageOfSalePriceSettlementOnEachOfFirstAndSecondAnniversaryOfClosingDate to label_PercentageOfSalePriceSettlementOnEachOfFirstAndSecondAnniversaryOfClosingDate_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NumberOfInstallmentsInDisposalGroupTransactionRequiredGuaranteeWillBeProvidedByBuyer" xlink:label="NumberOfInstallmentsInDisposalGroupTransactionRequiredGuaranteeWillBeProvidedByBuyer" xlink:title="NumberOfInstallmentsInDisposalGroupTransactionRequiredGuaranteeWillBeProvidedByBuyer" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfInstallmentsInDisposalGroupTransactionRequiredGuaranteeWillBeProvidedByBuyer" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NumberOfInstallmentsInDisposalGroupTransactionRequiredGuaranteeWillBeProvidedByBuyer" xml:lang="en-US" id="label_NumberOfInstallmentsInDisposalGroupTransactionRequiredGuaranteeWillBeProvidedByBuyer">Number of installments in disposal group transaction required guarantee will be provided by buyer</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfInstallmentsInDisposalGroupTransactionRequiredGuaranteeWillBeProvidedByBuyer" xlink:to="label_NumberOfInstallmentsInDisposalGroupTransactionRequiredGuaranteeWillBeProvidedByBuyer" xlink:title="Label : NumberOfInstallmentsInDisposalGroupTransactionRequiredGuaranteeWillBeProvidedByBuyer to label_NumberOfInstallmentsInDisposalGroupTransactionRequiredGuaranteeWillBeProvidedByBuyer" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfInstallmentsInDisposalGroupTransactionRequiredGuaranteeWillBeProvidedByBuyer_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_NumberOfInstallmentsInDisposalGroupTransactionRequiredGuaranteeWillBeProvidedByBuyer_1" xml:lang="en-US" id="label_NumberOfInstallmentsInDisposalGroupTransactionRequiredGuaranteeWillBeProvidedByBuyer_1">The number of installments in disposal group transaction required a guarantee will be provided by a buyer during period.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfInstallmentsInDisposalGroupTransactionRequiredGuaranteeWillBeProvidedByBuyer" xlink:to="label_NumberOfInstallmentsInDisposalGroupTransactionRequiredGuaranteeWillBeProvidedByBuyer_1" xlink:title="Label : NumberOfInstallmentsInDisposalGroupTransactionRequiredGuaranteeWillBeProvidedByBuyer to label_NumberOfInstallmentsInDisposalGroupTransactionRequiredGuaranteeWillBeProvidedByBuyer_1" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfInstallmentsInDisposalGroupTransactionRequiredGuaranteeWillBeProvidedByBuyer_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NumberOfInstallmentsInDisposalGroupTransactionRequiredGuaranteeWillBeProvidedByBuyer_2" xml:lang="en-US" id="label_NumberOfInstallmentsInDisposalGroupTransactionRequiredGuaranteeWillBeProvidedByBuyer_2">Number of installments in disposal group transaction required guarantee will be provided by buyer</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfInstallmentsInDisposalGroupTransactionRequiredGuaranteeWillBeProvidedByBuyer" xlink:to="label_NumberOfInstallmentsInDisposalGroupTransactionRequiredGuaranteeWillBeProvidedByBuyer_2" xlink:title="Label : NumberOfInstallmentsInDisposalGroupTransactionRequiredGuaranteeWillBeProvidedByBuyer to label_NumberOfInstallmentsInDisposalGroupTransactionRequiredGuaranteeWillBeProvidedByBuyer_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_MaximumPercentageOfShareCapitalOfReportingEntityExercisedForPreemptiveRights" xlink:label="MaximumPercentageOfShareCapitalOfReportingEntityExercisedForPreemptiveRights" xlink:title="MaximumPercentageOfShareCapitalOfReportingEntityExercisedForPreemptiveRights" />
    <link:label xlink:type="resource" xlink:label="label_MaximumPercentageOfShareCapitalOfReportingEntityExercisedForPreemptiveRights" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_MaximumPercentageOfShareCapitalOfReportingEntityExercisedForPreemptiveRights" xml:lang="en-US" id="label_MaximumPercentageOfShareCapitalOfReportingEntityExercisedForPreemptiveRights">Maximum percentage of share capital of reporting entity, exercised for preemptive rights</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaximumPercentageOfShareCapitalOfReportingEntityExercisedForPreemptiveRights" xlink:to="label_MaximumPercentageOfShareCapitalOfReportingEntityExercisedForPreemptiveRights" xlink:title="Label : MaximumPercentageOfShareCapitalOfReportingEntityExercisedForPreemptiveRights to label_MaximumPercentageOfShareCapitalOfReportingEntityExercisedForPreemptiveRights" />
    <link:label xlink:type="resource" xlink:label="label_MaximumPercentageOfShareCapitalOfReportingEntityExercisedForPreemptiveRights_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_MaximumPercentageOfShareCapitalOfReportingEntityExercisedForPreemptiveRights_1" xml:lang="en-US" id="label_MaximumPercentageOfShareCapitalOfReportingEntityExercisedForPreemptiveRights_1">The maximum percentage of share capital of reporting entity, which are exercised for preemptive rights.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaximumPercentageOfShareCapitalOfReportingEntityExercisedForPreemptiveRights" xlink:to="label_MaximumPercentageOfShareCapitalOfReportingEntityExercisedForPreemptiveRights_1" xlink:title="Label : MaximumPercentageOfShareCapitalOfReportingEntityExercisedForPreemptiveRights to label_MaximumPercentageOfShareCapitalOfReportingEntityExercisedForPreemptiveRights_1" />
    <link:label xlink:type="resource" xlink:label="label_MaximumPercentageOfShareCapitalOfReportingEntityExercisedForPreemptiveRights_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MaximumPercentageOfShareCapitalOfReportingEntityExercisedForPreemptiveRights_2" xml:lang="en-US" id="label_MaximumPercentageOfShareCapitalOfReportingEntityExercisedForPreemptiveRights_2">Maximum percentage of share capital of reporting entity, exercised for preemptive rights</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaximumPercentageOfShareCapitalOfReportingEntityExercisedForPreemptiveRights" xlink:to="label_MaximumPercentageOfShareCapitalOfReportingEntityExercisedForPreemptiveRights_2" xlink:title="Label : MaximumPercentageOfShareCapitalOfReportingEntityExercisedForPreemptiveRights to label_MaximumPercentageOfShareCapitalOfReportingEntityExercisedForPreemptiveRights_2" />
    <link:label xlink:type="resource" xlink:label="label_ImpairmentLoss_4" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_ImpairmentLoss_4" xml:lang="en-US" id="label_ImpairmentLoss_4">Net impairment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ImpairmentLoss" xlink:to="label_ImpairmentLoss_4" xlink:title="Label : ImpairmentLoss to label_ImpairmentLoss_4" />
    <link:label xlink:type="resource" xlink:label="label_BorrowingsInterestRateBasis_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_BorrowingsInterestRateBasis_2" xml:lang="en-US" id="label_BorrowingsInterestRateBasis_2">Borrowings, interest rate basis</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingsInterestRateBasis" xlink:to="label_BorrowingsInterestRateBasis_2" xlink:title="Label : BorrowingsInterestRateBasis to label_BorrowingsInterestRateBasis_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_IndoramaVenturesPlcMember" xlink:label="IndoramaVenturesPlcMember" xlink:title="IndoramaVenturesPlcMember" />
    <link:label xlink:type="resource" xlink:label="label_IndoramaVenturesPlcMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IndoramaVenturesPlcMember" xml:lang="en-US" id="label_IndoramaVenturesPlcMember">Indorama Ventures PLC</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IndoramaVenturesPlcMember" xlink:to="label_IndoramaVenturesPlcMember" xlink:title="Label : IndoramaVenturesPlcMember to label_IndoramaVenturesPlcMember" />
    <link:label xlink:type="resource" xlink:label="label_IndoramaVenturesPlcMember_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_IndoramaVenturesPlcMember_1" xml:lang="en-US" id="label_IndoramaVenturesPlcMember_1">This member stands for the information pertaining to Indorama Ventures PLC (&#x201C;Indorama&#x201D;).</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IndoramaVenturesPlcMember" xlink:to="label_IndoramaVenturesPlcMember_1" xlink:title="Label : IndoramaVenturesPlcMember to label_IndoramaVenturesPlcMember_1" />
    <link:label xlink:type="resource" xlink:label="label_IndoramaVenturesPlcMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IndoramaVenturesPlcMember_2" xml:lang="en-US" id="label_IndoramaVenturesPlcMember_2">Indorama Ventures PLC [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IndoramaVenturesPlcMember" xlink:to="label_IndoramaVenturesPlcMember_2" xlink:title="Label : IndoramaVenturesPlcMember to label_IndoramaVenturesPlcMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AmountToBePaidAtClosingDateInDisposalGroupTransaction" xlink:label="AmountToBePaidAtClosingDateInDisposalGroupTransaction" xlink:title="AmountToBePaidAtClosingDateInDisposalGroupTransaction" />
    <link:label xlink:type="resource" xlink:label="label_AmountToBePaidAtClosingDateInDisposalGroupTransaction" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AmountToBePaidAtClosingDateInDisposalGroupTransaction" xml:lang="en-US" id="label_AmountToBePaidAtClosingDateInDisposalGroupTransaction">Amount to be paid at closing date in disposal group transaction</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmountToBePaidAtClosingDateInDisposalGroupTransaction" xlink:to="label_AmountToBePaidAtClosingDateInDisposalGroupTransaction" xlink:title="Label : AmountToBePaidAtClosingDateInDisposalGroupTransaction to label_AmountToBePaidAtClosingDateInDisposalGroupTransaction" />
    <link:label xlink:type="resource" xlink:label="label_AmountToBePaidAtClosingDateInDisposalGroupTransaction_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AmountToBePaidAtClosingDateInDisposalGroupTransaction_1" xml:lang="en-US" id="label_AmountToBePaidAtClosingDateInDisposalGroupTransaction_1">The amount to be paid at closing date in disposal group transaction.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmountToBePaidAtClosingDateInDisposalGroupTransaction" xlink:to="label_AmountToBePaidAtClosingDateInDisposalGroupTransaction_1" xlink:title="Label : AmountToBePaidAtClosingDateInDisposalGroupTransaction to label_AmountToBePaidAtClosingDateInDisposalGroupTransaction_1" />
    <link:label xlink:type="resource" xlink:label="label_AmountToBePaidAtClosingDateInDisposalGroupTransaction_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AmountToBePaidAtClosingDateInDisposalGroupTransaction_2" xml:lang="en-US" id="label_AmountToBePaidAtClosingDateInDisposalGroupTransaction_2">Amount to be paid at closing date in disposal group transaction</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmountToBePaidAtClosingDateInDisposalGroupTransaction" xlink:to="label_AmountToBePaidAtClosingDateInDisposalGroupTransaction_2" xlink:title="Label : AmountToBePaidAtClosingDateInDisposalGroupTransaction to label_AmountToBePaidAtClosingDateInDisposalGroupTransaction_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AmountToBePaidOnSecondAnniversaryOfClosingDateInDisposalGroupTransaction" xlink:label="AmountToBePaidOnSecondAnniversaryOfClosingDateInDisposalGroupTransaction" xlink:title="AmountToBePaidOnSecondAnniversaryOfClosingDateInDisposalGroupTransaction" />
    <link:label xlink:type="resource" xlink:label="label_AmountToBePaidOnSecondAnniversaryOfClosingDateInDisposalGroupTransaction" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AmountToBePaidOnSecondAnniversaryOfClosingDateInDisposalGroupTransaction" xml:lang="en-US" id="label_AmountToBePaidOnSecondAnniversaryOfClosingDateInDisposalGroupTransaction">Amount to be paid on second anniversary of the closing date in disposal group transaction</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmountToBePaidOnSecondAnniversaryOfClosingDateInDisposalGroupTransaction" xlink:to="label_AmountToBePaidOnSecondAnniversaryOfClosingDateInDisposalGroupTransaction" xlink:title="Label : AmountToBePaidOnSecondAnniversaryOfClosingDateInDisposalGroupTransaction to label_AmountToBePaidOnSecondAnniversaryOfClosingDateInDisposalGroupTransaction" />
    <link:label xlink:type="resource" xlink:label="label_AmountToBePaidOnSecondAnniversaryOfClosingDateInDisposalGroupTransaction_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AmountToBePaidOnSecondAnniversaryOfClosingDateInDisposalGroupTransaction_1" xml:lang="en-US" id="label_AmountToBePaidOnSecondAnniversaryOfClosingDateInDisposalGroupTransaction_1">The amount to be paid on second anniversary of the closing date in disposal group transaction.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmountToBePaidOnSecondAnniversaryOfClosingDateInDisposalGroupTransaction" xlink:to="label_AmountToBePaidOnSecondAnniversaryOfClosingDateInDisposalGroupTransaction_1" xlink:title="Label : AmountToBePaidOnSecondAnniversaryOfClosingDateInDisposalGroupTransaction to label_AmountToBePaidOnSecondAnniversaryOfClosingDateInDisposalGroupTransaction_1" />
    <link:label xlink:type="resource" xlink:label="label_AmountToBePaidOnSecondAnniversaryOfClosingDateInDisposalGroupTransaction_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AmountToBePaidOnSecondAnniversaryOfClosingDateInDisposalGroupTransaction_2" xml:lang="en-US" id="label_AmountToBePaidOnSecondAnniversaryOfClosingDateInDisposalGroupTransaction_2">Amount to be paid on second anniversary of closing date in disposal group transaction</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmountToBePaidOnSecondAnniversaryOfClosingDateInDisposalGroupTransaction" xlink:to="label_AmountToBePaidOnSecondAnniversaryOfClosingDateInDisposalGroupTransaction_2" xlink:title="Label : AmountToBePaidOnSecondAnniversaryOfClosingDateInDisposalGroupTransaction to label_AmountToBePaidOnSecondAnniversaryOfClosingDateInDisposalGroupTransaction_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ProportionOfOwnershipInterestInSubsidiary" xlink:label="ProportionOfOwnershipInterestInSubsidiary" xlink:title="ProportionOfOwnershipInterestInSubsidiary" />
    <link:label xlink:type="resource" xlink:label="label_ProportionOfOwnershipInterestInSubsidiary" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ProportionOfOwnershipInterestInSubsidiary" xml:lang="en-US" id="label_ProportionOfOwnershipInterestInSubsidiary">Proportion of ownership interest in subsidiary</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProportionOfOwnershipInterestInSubsidiary" xlink:to="label_ProportionOfOwnershipInterestInSubsidiary" xlink:title="Label : ProportionOfOwnershipInterestInSubsidiary to label_ProportionOfOwnershipInterestInSubsidiary" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ExercisePeriodOfPreemptiveRight" xlink:label="ExercisePeriodOfPreemptiveRight" xlink:title="ExercisePeriodOfPreemptiveRight" />
    <link:label xlink:type="resource" xlink:label="label_ExercisePeriodOfPreemptiveRight" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ExercisePeriodOfPreemptiveRight" xml:lang="en-US" id="label_ExercisePeriodOfPreemptiveRight">Exercise period of preemptive right</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExercisePeriodOfPreemptiveRight" xlink:to="label_ExercisePeriodOfPreemptiveRight" xlink:title="Label : ExercisePeriodOfPreemptiveRight to label_ExercisePeriodOfPreemptiveRight" />
    <link:label xlink:type="resource" xlink:label="label_ExercisePeriodOfPreemptiveRight_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ExercisePeriodOfPreemptiveRight_1" xml:lang="en-US" id="label_ExercisePeriodOfPreemptiveRight_1">The exercise period of preemptive right to shareholders of the reporting entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExercisePeriodOfPreemptiveRight" xlink:to="label_ExercisePeriodOfPreemptiveRight_1" xlink:title="Label : ExercisePeriodOfPreemptiveRight to label_ExercisePeriodOfPreemptiveRight_1" />
    <link:label xlink:type="resource" xlink:label="label_ExercisePeriodOfPreemptiveRight_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ExercisePeriodOfPreemptiveRight_2" xml:lang="en-US" id="label_ExercisePeriodOfPreemptiveRight_2">Exercise period of preemptive right</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExercisePeriodOfPreemptiveRight" xlink:to="label_ExercisePeriodOfPreemptiveRight_2" xlink:title="Label : ExercisePeriodOfPreemptiveRight to label_ExercisePeriodOfPreemptiveRight_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NumberOfShareholdersExercisedPreemptiveRight" xlink:label="NumberOfShareholdersExercisedPreemptiveRight" xlink:title="NumberOfShareholdersExercisedPreemptiveRight" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfShareholdersExercisedPreemptiveRight" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NumberOfShareholdersExercisedPreemptiveRight" xml:lang="en-US" id="label_NumberOfShareholdersExercisedPreemptiveRight">Number of shareholders exercised preemptive right</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfShareholdersExercisedPreemptiveRight" xlink:to="label_NumberOfShareholdersExercisedPreemptiveRight" xlink:title="Label : NumberOfShareholdersExercisedPreemptiveRight to label_NumberOfShareholdersExercisedPreemptiveRight" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfShareholdersExercisedPreemptiveRight_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_NumberOfShareholdersExercisedPreemptiveRight_1" xml:lang="en-US" id="label_NumberOfShareholdersExercisedPreemptiveRight_1">The number of shareholders exercised preemptive right during period.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfShareholdersExercisedPreemptiveRight" xlink:to="label_NumberOfShareholdersExercisedPreemptiveRight_1" xlink:title="Label : NumberOfShareholdersExercisedPreemptiveRight to label_NumberOfShareholdersExercisedPreemptiveRight_1" />
    <link:label xlink:type="resource" xlink:label="label_NumberOfShareholdersExercisedPreemptiveRight_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NumberOfShareholdersExercisedPreemptiveRight_2" xml:lang="en-US" id="label_NumberOfShareholdersExercisedPreemptiveRight_2">Number of shareholders exercised preemptive right</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfShareholdersExercisedPreemptiveRight" xlink:to="label_NumberOfShareholdersExercisedPreemptiveRight_2" xlink:title="Label : NumberOfShareholdersExercisedPreemptiveRight to label_NumberOfShareholdersExercisedPreemptiveRight_2" />
    <link:label xlink:type="resource" xlink:label="label_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_2" xml:lang="en-US" id="label_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_2">Depreciation and amortization for the year</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" xlink:to="label_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_2" xlink:title="Label : DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss to label_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_UnclaimedDividendsForfeited" xlink:label="UnclaimedDividendsForfeited" xlink:title="UnclaimedDividendsForfeited" />
    <link:label xlink:type="resource" xlink:label="label_UnclaimedDividendsForfeited" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_UnclaimedDividendsForfeited" xml:lang="en-US" id="label_UnclaimedDividendsForfeited">The amount of unclaimed dividends forfeited during the reporting period.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UnclaimedDividendsForfeited" xlink:to="label_UnclaimedDividendsForfeited" xlink:title="Label : UnclaimedDividendsForfeited to label_UnclaimedDividendsForfeited" />
    <link:label xlink:type="resource" xlink:label="label_UnclaimedDividendsForfeited_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_UnclaimedDividendsForfeited_1" xml:lang="en-US" id="label_UnclaimedDividendsForfeited_1">Unclaimed dividends forfeited</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UnclaimedDividendsForfeited" xlink:to="label_UnclaimedDividendsForfeited_1" xlink:title="Label : UnclaimedDividendsForfeited to label_UnclaimedDividendsForfeited_1" />
    <link:label xlink:type="resource" xlink:label="label_UnclaimedDividendsForfeited_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_UnclaimedDividendsForfeited_2" xml:lang="en-US" id="label_UnclaimedDividendsForfeited_2">Unclaimed Dividends Forfeited</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UnclaimedDividendsForfeited" xlink:to="label_UnclaimedDividendsForfeited_2" xlink:title="Label : UnclaimedDividendsForfeited to label_UnclaimedDividendsForfeited_2" />
    <link:label xlink:type="resource" xlink:label="label_UnclaimedDividendsForfeited_3" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_UnclaimedDividendsForfeited_3" xml:lang="en-US" id="label_UnclaimedDividendsForfeited_3">Prescribed dividends</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UnclaimedDividendsForfeited" xlink:to="label_UnclaimedDividendsForfeited_3" xlink:title="Label : UnclaimedDividendsForfeited to label_UnclaimedDividendsForfeited_3" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_SellingGeneralAndAdministrativeExpense" xlink:label="SellingGeneralAndAdministrativeExpense" xlink:title="SellingGeneralAndAdministrativeExpense" />
    <link:label xlink:type="resource" xlink:label="label_SellingGeneralAndAdministrativeExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SellingGeneralAndAdministrativeExpense" xml:lang="en-US" id="label_SellingGeneralAndAdministrativeExpense">Selling, general and administrative expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SellingGeneralAndAdministrativeExpense" xlink:to="label_SellingGeneralAndAdministrativeExpense" xlink:title="Label : SellingGeneralAndAdministrativeExpense to label_SellingGeneralAndAdministrativeExpense" />
    <link:label xlink:type="resource" xlink:label="label_SellingGeneralAndAdministrativeExpense_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_SellingGeneralAndAdministrativeExpense_1" xml:lang="en-US" id="label_SellingGeneralAndAdministrativeExpense_1">Selling marketing and administrative</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SellingGeneralAndAdministrativeExpense" xlink:to="label_SellingGeneralAndAdministrativeExpense_1" xlink:title="Label : SellingGeneralAndAdministrativeExpense to label_SellingGeneralAndAdministrativeExpense_1" />
    <link:label xlink:type="resource" xlink:label="label_TenderOffersToPurchaseNotesMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TenderOffersToPurchaseNotesMember_2" xml:lang="en-US" id="label_TenderOffersToPurchaseNotesMember_2">Tender offers to purchase notes [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TenderOffersToPurchaseNotesMember" xlink:to="label_TenderOffersToPurchaseNotesMember_2" xlink:title="Label : TenderOffersToPurchaseNotesMember to label_TenderOffersToPurchaseNotesMember_2" />
    <link:label xlink:type="resource" xlink:label="label_AggregatePrincipalAmountOfValidOffersReceived_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AggregatePrincipalAmountOfValidOffersReceived_1" xml:lang="en-US" id="label_AggregatePrincipalAmountOfValidOffersReceived_1">The aggregate principal amount of valid offers received as a result of the cash tender offers.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AggregatePrincipalAmountOfValidOffersReceived" xlink:to="label_AggregatePrincipalAmountOfValidOffersReceived_1" xlink:title="Label : AggregatePrincipalAmountOfValidOffersReceived to label_AggregatePrincipalAmountOfValidOffersReceived_1" />
    <link:label xlink:type="resource" xlink:label="label_DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwners_3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwners_3" xml:lang="en-US" id="label_DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwners_3">Minimum mandatory dividends for the year (50% of the adjusted net income)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwners" xlink:to="label_DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwners_3" xlink:title="Label : DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwners to label_DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwners_3" />
    <link:label xlink:type="resource" xlink:label="label_BrazilianRealPerUSDollarMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_BrazilianRealPerUSDollarMember_2" xml:lang="en-US" id="label_BrazilianRealPerUSDollarMember_2">Brazilian real per US dollar [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BrazilianRealPerUSDollarMember" xlink:to="label_BrazilianRealPerUSDollarMember_2" xlink:title="Label : BrazilianRealPerUSDollarMember to label_BrazilianRealPerUSDollarMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ExerciseOfRightToIncreaseOfInitialAggregateTenderAmount" xlink:label="ExerciseOfRightToIncreaseOfInitialAggregateTenderAmount" xlink:title="ExerciseOfRightToIncreaseOfInitialAggregateTenderAmount" />
    <link:label xlink:type="resource" xlink:label="label_ExerciseOfRightToIncreaseOfInitialAggregateTenderAmount" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ExerciseOfRightToIncreaseOfInitialAggregateTenderAmount" xml:lang="en-US" id="label_ExerciseOfRightToIncreaseOfInitialAggregateTenderAmount">Exercise of right to increase of initial aggregate tender amount</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExerciseOfRightToIncreaseOfInitialAggregateTenderAmount" xlink:to="label_ExerciseOfRightToIncreaseOfInitialAggregateTenderAmount" xlink:title="Label : ExerciseOfRightToIncreaseOfInitialAggregateTenderAmount to label_ExerciseOfRightToIncreaseOfInitialAggregateTenderAmount" />
    <link:label xlink:type="resource" xlink:label="label_AggregatePrincipalAmountOfValidOffersReceived_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AggregatePrincipalAmountOfValidOffersReceived_2" xml:lang="en-US" id="label_AggregatePrincipalAmountOfValidOffersReceived_2">Aggregate principal amount of valid offers received</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AggregatePrincipalAmountOfValidOffersReceived" xlink:to="label_AggregatePrincipalAmountOfValidOffersReceived_2" xlink:title="Label : AggregatePrincipalAmountOfValidOffersReceived to label_AggregatePrincipalAmountOfValidOffersReceived_2" />
    <link:label xlink:type="resource" xlink:label="label_ExerciseOfRightToIncreaseOfInitialAggregateTenderAmount_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ExerciseOfRightToIncreaseOfInitialAggregateTenderAmount_1" xml:lang="en-US" id="label_ExerciseOfRightToIncreaseOfInitialAggregateTenderAmount_1">Exercise of right to increase of initial aggregate tender amount</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExerciseOfRightToIncreaseOfInitialAggregateTenderAmount" xlink:to="label_ExerciseOfRightToIncreaseOfInitialAggregateTenderAmount_1" xlink:title="Label : ExerciseOfRightToIncreaseOfInitialAggregateTenderAmount to label_ExerciseOfRightToIncreaseOfInitialAggregateTenderAmount_1" />
    <link:label xlink:type="resource" xlink:label="label_ExerciseOfRightToIncreaseOfInitialAggregateTenderAmount_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ExerciseOfRightToIncreaseOfInitialAggregateTenderAmount_2" xml:lang="en-US" id="label_ExerciseOfRightToIncreaseOfInitialAggregateTenderAmount_2">The maximum amount of exercise of right to increase of initial aggregate tender amount.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExerciseOfRightToIncreaseOfInitialAggregateTenderAmount" xlink:to="label_ExerciseOfRightToIncreaseOfInitialAggregateTenderAmount_2" xlink:title="Label : ExerciseOfRightToIncreaseOfInitialAggregateTenderAmount to label_ExerciseOfRightToIncreaseOfInitialAggregateTenderAmount_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DescriptionOfNotesSettlement" xlink:label="DescriptionOfNotesSettlement" xlink:title="DescriptionOfNotesSettlement" />
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfNotesSettlement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DescriptionOfNotesSettlement" xml:lang="en-US" id="label_DescriptionOfNotesSettlement">Description of notes settlement</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfNotesSettlement" xlink:to="label_DescriptionOfNotesSettlement" xlink:title="Label : DescriptionOfNotesSettlement to label_DescriptionOfNotesSettlement" />
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfNotesSettlement_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DescriptionOfNotesSettlement_1" xml:lang="en-US" id="label_DescriptionOfNotesSettlement_1">The description of notes settlement to buyers.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfNotesSettlement" xlink:to="label_DescriptionOfNotesSettlement_1" xlink:title="Label : DescriptionOfNotesSettlement to label_DescriptionOfNotesSettlement_1" />
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfNotesSettlement_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DescriptionOfNotesSettlement_2" xml:lang="en-US" id="label_DescriptionOfNotesSettlement_2">Description of notes settlement</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfNotesSettlement" xlink:to="label_DescriptionOfNotesSettlement_2" xlink:title="Label : DescriptionOfNotesSettlement to label_DescriptionOfNotesSettlement_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_PercentageOfOutstandingNotesPurchased" xlink:label="PercentageOfOutstandingNotesPurchased" xlink:title="PercentageOfOutstandingNotesPurchased" />
    <link:label xlink:type="resource" xlink:label="label_PercentageOfOutstandingNotesPurchased" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_PercentageOfOutstandingNotesPurchased" xml:lang="en-US" id="label_PercentageOfOutstandingNotesPurchased">Percentage of outstanding notes purchased</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfOutstandingNotesPurchased" xlink:to="label_PercentageOfOutstandingNotesPurchased" xlink:title="Label : PercentageOfOutstandingNotesPurchased to label_PercentageOfOutstandingNotesPurchased" />
    <link:label xlink:type="resource" xlink:label="label_PercentageOfOutstandingNotesPurchased_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_PercentageOfOutstandingNotesPurchased_1" xml:lang="en-US" id="label_PercentageOfOutstandingNotesPurchased_1">The percentage of outstanding notes purchased through exercise of rights to increase of initial aggregate tender amount.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfOutstandingNotesPurchased" xlink:to="label_PercentageOfOutstandingNotesPurchased_1" xlink:title="Label : PercentageOfOutstandingNotesPurchased to label_PercentageOfOutstandingNotesPurchased_1" />
    <link:label xlink:type="resource" xlink:label="label_PercentageOfOutstandingNotesPurchased_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PercentageOfOutstandingNotesPurchased_2" xml:lang="en-US" id="label_PercentageOfOutstandingNotesPurchased_2">Percentage of outstanding notes purchased</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfOutstandingNotesPurchased" xlink:to="label_PercentageOfOutstandingNotesPurchased_2" xlink:title="Label : PercentageOfOutstandingNotesPurchased to label_PercentageOfOutstandingNotesPurchased_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_IncreaseDecreaseInCashAndCashEquivalentsIncludingEffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations" xlink:label="IncreaseDecreaseInCashAndCashEquivalentsIncludingEffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations" xlink:title="IncreaseDecreaseInCashAndCashEquivalentsIncludingEffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseInCashAndCashEquivalentsIncludingEffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_IncreaseDecreaseInCashAndCashEquivalentsIncludingEffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations" xml:lang="en-US" id="label_IncreaseDecreaseInCashAndCashEquivalentsIncludingEffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations">(Decrease) increase in cash and cash equivalents</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseInCashAndCashEquivalentsIncludingEffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations" xlink:to="label_IncreaseDecreaseInCashAndCashEquivalentsIncludingEffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations" xlink:title="Label : IncreaseDecreaseInCashAndCashEquivalentsIncludingEffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations to label_IncreaseDecreaseInCashAndCashEquivalentsIncludingEffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseInCashAndCashEquivalentsIncludingEffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_IncreaseDecreaseInCashAndCashEquivalentsIncludingEffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations_1" xml:lang="en-US" id="label_IncreaseDecreaseInCashAndCashEquivalentsIncludingEffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations_1">The increase (decrease) in cash and cash equivalents from discontinued operations including effect of exchange rate changes on cash and cash equivalents from discontinued operations, held or due in a foreign currency.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseInCashAndCashEquivalentsIncludingEffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations" xlink:to="label_IncreaseDecreaseInCashAndCashEquivalentsIncludingEffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations_1" xlink:title="Label : IncreaseDecreaseInCashAndCashEquivalentsIncludingEffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations to label_IncreaseDecreaseInCashAndCashEquivalentsIncludingEffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations_1" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseInCashAndCashEquivalentsIncludingEffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseDecreaseInCashAndCashEquivalentsIncludingEffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations_2" xml:lang="en-US" id="label_IncreaseDecreaseInCashAndCashEquivalentsIncludingEffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations_2">Increase (decrease) in cash and cash equivalents including effect of exchange rate changes on cash and cash equivalents, discontinued operations</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseInCashAndCashEquivalentsIncludingEffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations" xlink:to="label_IncreaseDecreaseInCashAndCashEquivalentsIncludingEffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations_2" xlink:title="Label : IncreaseDecreaseInCashAndCashEquivalentsIncludingEffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations to label_IncreaseDecreaseInCashAndCashEquivalentsIncludingEffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ClosingForeignExchangeRate" xlink:label="ClosingForeignExchangeRate" xlink:title="ClosingForeignExchangeRate" />
    <link:label xlink:type="resource" xlink:label="label_ClosingForeignExchangeRate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ClosingForeignExchangeRate" xml:lang="en-US" id="label_ClosingForeignExchangeRate">Closing foreign exchange rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClosingForeignExchangeRate" xlink:to="label_ClosingForeignExchangeRate" xlink:title="Label : ClosingForeignExchangeRate to label_ClosingForeignExchangeRate" />
    <link:label xlink:type="resource" xlink:label="label_ClosingForeignExchangeRate_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ClosingForeignExchangeRate_1" xml:lang="en-US" id="label_ClosingForeignExchangeRate_1">Closing foreign exchange rate (R$ / Per_USD)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClosingForeignExchangeRate" xlink:to="label_ClosingForeignExchangeRate_1" xlink:title="Label : ClosingForeignExchangeRate to label_ClosingForeignExchangeRate_1" />
    <link:label xlink:type="resource" xlink:label="label_ProportionOfOwnershipInterestInSubsidiary_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ProportionOfOwnershipInterestInSubsidiary_1" xml:lang="en-US" id="label_ProportionOfOwnershipInterestInSubsidiary_1">Proportion of ownership interest in subsidiary (as a percent)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProportionOfOwnershipInterestInSubsidiary" xlink:to="label_ProportionOfOwnershipInterestInSubsidiary_1" xlink:title="Label : ProportionOfOwnershipInterestInSubsidiary to label_ProportionOfOwnershipInterestInSubsidiary_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_EarningsLossPerShareAbstract" xlink:label="EarningsLossPerShareAbstract" xlink:title="EarningsLossPerShareAbstract" />
    <link:label xlink:type="resource" xlink:label="label_EarningsLossPerShareAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EarningsLossPerShareAbstract" xml:lang="en-US" id="label_EarningsLossPerShareAbstract">Earnings (Loss) Per Share [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EarningsLossPerShareAbstract" xlink:to="label_EarningsLossPerShareAbstract" xlink:title="Label : EarningsLossPerShareAbstract to label_EarningsLossPerShareAbstract" />
    <link:label xlink:type="resource" xlink:label="label_EarningsLossPerShareAbstract_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_EarningsLossPerShareAbstract_1" xml:lang="en-US" id="label_EarningsLossPerShareAbstract_1">Total earnings per share (based on weighted average number of shares outstanding) &#x2013; R$</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EarningsLossPerShareAbstract" xlink:to="label_EarningsLossPerShareAbstract_1" xlink:title="Label : EarningsLossPerShareAbstract to label_EarningsLossPerShareAbstract_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_AdjustmentsForOtherProvisionsAndAdjustments" xlink:label="AdjustmentsForOtherProvisionsAndAdjustments" xlink:title="AdjustmentsForOtherProvisionsAndAdjustments" />
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForOtherProvisionsAndAdjustments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdjustmentsForOtherProvisionsAndAdjustments" xml:lang="en-US" id="label_AdjustmentsForOtherProvisionsAndAdjustments">Adjustments for other provisions and adjustments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForOtherProvisionsAndAdjustments" xlink:to="label_AdjustmentsForOtherProvisionsAndAdjustments" xlink:title="Label : AdjustmentsForOtherProvisionsAndAdjustments to label_AdjustmentsForOtherProvisionsAndAdjustments" />
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForOtherProvisionsAndAdjustments_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AdjustmentsForOtherProvisionsAndAdjustments_1" xml:lang="en-US" id="label_AdjustmentsForOtherProvisionsAndAdjustments_1">Adjustments for other provisions and adjustments to reconcile profit (loss) to net cash flow from (used in) operating activities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForOtherProvisionsAndAdjustments" xlink:to="label_AdjustmentsForOtherProvisionsAndAdjustments_1" xlink:title="Label : AdjustmentsForOtherProvisionsAndAdjustments to label_AdjustmentsForOtherProvisionsAndAdjustments_1" />
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForOtherProvisionsAndAdjustments_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AdjustmentsForOtherProvisionsAndAdjustments_2" xml:lang="en-US" id="label_AdjustmentsForOtherProvisionsAndAdjustments_2">Other provisions and adjustments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForOtherProvisionsAndAdjustments" xlink:to="label_AdjustmentsForOtherProvisionsAndAdjustments_2" xlink:title="Label : AdjustmentsForOtherProvisionsAndAdjustments to label_AdjustmentsForOtherProvisionsAndAdjustments_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_CashAndCashEquivalentsContinuingOperation" xlink:label="CashAndCashEquivalentsContinuingOperation" xlink:title="CashAndCashEquivalentsContinuingOperation" />
    <link:label xlink:type="resource" xlink:label="label_CashAndCashEquivalentsContinuingOperation" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CashAndCashEquivalentsContinuingOperation" xml:lang="en-US" id="label_CashAndCashEquivalentsContinuingOperation">Cash and cash equivalents, continuing operations</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndCashEquivalentsContinuingOperation" xlink:to="label_CashAndCashEquivalentsContinuingOperation" xlink:title="Label : CashAndCashEquivalentsContinuingOperation to label_CashAndCashEquivalentsContinuingOperation" />
    <link:label xlink:type="resource" xlink:label="label_CashAndCashEquivalentsContinuingOperation_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_CashAndCashEquivalentsContinuingOperation_1" xml:lang="en-US" id="label_CashAndCashEquivalentsContinuingOperation_1">The amount of cash and cash equivalents from continuing operations.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndCashEquivalentsContinuingOperation" xlink:to="label_CashAndCashEquivalentsContinuingOperation_1" xlink:title="Label : CashAndCashEquivalentsContinuingOperation to label_CashAndCashEquivalentsContinuingOperation_1" />
    <link:label xlink:type="resource" xlink:label="label_CashAndCashEquivalentsContinuingOperation_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CashAndCashEquivalentsContinuingOperation_2" xml:lang="en-US" id="label_CashAndCashEquivalentsContinuingOperation_2">Cash and cash equivalents at the end of the year - continuing operations</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndCashEquivalentsContinuingOperation" xlink:to="label_CashAndCashEquivalentsContinuingOperation_2" xlink:title="Label : CashAndCashEquivalentsContinuingOperation to label_CashAndCashEquivalentsContinuingOperation_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_OtherAssetsIncludingVehiclesAndEquipmentMember" xlink:label="OtherAssetsIncludingVehiclesAndEquipmentMember" xlink:title="OtherAssetsIncludingVehiclesAndEquipmentMember" />
    <link:label xlink:type="resource" xlink:label="label_OtherAssetsIncludingVehiclesAndEquipmentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherAssetsIncludingVehiclesAndEquipmentMember" xml:lang="en-US" id="label_OtherAssetsIncludingVehiclesAndEquipmentMember">Other assets including vehicles and equipment [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherAssetsIncludingVehiclesAndEquipmentMember" xlink:to="label_OtherAssetsIncludingVehiclesAndEquipmentMember" xlink:title="Label : OtherAssetsIncludingVehiclesAndEquipmentMember to label_OtherAssetsIncludingVehiclesAndEquipmentMember" />
    <link:label xlink:type="resource" xlink:label="label_OtherAssetsIncludingVehiclesAndEquipmentMember_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_OtherAssetsIncludingVehiclesAndEquipmentMember_1" xml:lang="en-US" id="label_OtherAssetsIncludingVehiclesAndEquipmentMember_1">This member stands for the information pertaining to other assets including vehicles and equipment.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherAssetsIncludingVehiclesAndEquipmentMember" xlink:to="label_OtherAssetsIncludingVehiclesAndEquipmentMember_1" xlink:title="Label : OtherAssetsIncludingVehiclesAndEquipmentMember to label_OtherAssetsIncludingVehiclesAndEquipmentMember_1" />
    <link:label xlink:type="resource" xlink:label="label_OtherAssetsIncludingVehiclesAndEquipmentMember_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherAssetsIncludingVehiclesAndEquipmentMember_2" xml:lang="en-US" id="label_OtherAssetsIncludingVehiclesAndEquipmentMember_2">Other assets including vehicles and equipment [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherAssetsIncludingVehiclesAndEquipmentMember" xlink:to="label_OtherAssetsIncludingVehiclesAndEquipmentMember_2" xlink:title="Label : OtherAssetsIncludingVehiclesAndEquipmentMember to label_OtherAssetsIncludingVehiclesAndEquipmentMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DisclosureOfBreakdownOfAllowanceForExpectedCreditLossesOnDoubtfulAccountsExplanatoryTextBlock" xlink:label="DisclosureOfBreakdownOfAllowanceForExpectedCreditLossesOnDoubtfulAccountsExplanatoryTextBlock" xlink:title="DisclosureOfBreakdownOfAllowanceForExpectedCreditLossesOnDoubtfulAccountsExplanatoryTextBlock" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfBreakdownOfAllowanceForExpectedCreditLossesOnDoubtfulAccountsExplanatoryTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfBreakdownOfAllowanceForExpectedCreditLossesOnDoubtfulAccountsExplanatoryTextBlock" xml:lang="en-US" id="label_DisclosureOfBreakdownOfAllowanceForExpectedCreditLossesOnDoubtfulAccountsExplanatoryTextBlock">Disclosure Of Breakdown Of Allowance For Expected Credit Losses On Doubtful Accounts Explanatory [Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfBreakdownOfAllowanceForExpectedCreditLossesOnDoubtfulAccountsExplanatoryTextBlock" xlink:to="label_DisclosureOfBreakdownOfAllowanceForExpectedCreditLossesOnDoubtfulAccountsExplanatoryTextBlock" xlink:title="Label : DisclosureOfBreakdownOfAllowanceForExpectedCreditLossesOnDoubtfulAccountsExplanatoryTextBlock to label_DisclosureOfBreakdownOfAllowanceForExpectedCreditLossesOnDoubtfulAccountsExplanatoryTextBlock" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfBreakdownOfAllowanceForExpectedCreditLossesOnDoubtfulAccountsExplanatoryTextBlock_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DisclosureOfBreakdownOfAllowanceForExpectedCreditLossesOnDoubtfulAccountsExplanatoryTextBlock_1" xml:lang="en-US" id="label_DisclosureOfBreakdownOfAllowanceForExpectedCreditLossesOnDoubtfulAccountsExplanatoryTextBlock_1">Tabular disclosure of breakdown of allowance for expected credit losses on doubtful accounts.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfBreakdownOfAllowanceForExpectedCreditLossesOnDoubtfulAccountsExplanatoryTextBlock" xlink:to="label_DisclosureOfBreakdownOfAllowanceForExpectedCreditLossesOnDoubtfulAccountsExplanatoryTextBlock_1" xlink:title="Label : DisclosureOfBreakdownOfAllowanceForExpectedCreditLossesOnDoubtfulAccountsExplanatoryTextBlock to label_DisclosureOfBreakdownOfAllowanceForExpectedCreditLossesOnDoubtfulAccountsExplanatoryTextBlock_1" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfBreakdownOfAllowanceForExpectedCreditLossesOnDoubtfulAccountsExplanatoryTextBlock_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DisclosureOfBreakdownOfAllowanceForExpectedCreditLossesOnDoubtfulAccountsExplanatoryTextBlock_2" xml:lang="en-US" id="label_DisclosureOfBreakdownOfAllowanceForExpectedCreditLossesOnDoubtfulAccountsExplanatoryTextBlock_2">Breakdown of reseller financing, gross of loss allowance for expected credit losses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfBreakdownOfAllowanceForExpectedCreditLossesOnDoubtfulAccountsExplanatoryTextBlock" xlink:to="label_DisclosureOfBreakdownOfAllowanceForExpectedCreditLossesOnDoubtfulAccountsExplanatoryTextBlock_2" xlink:title="Label : DisclosureOfBreakdownOfAllowanceForExpectedCreditLossesOnDoubtfulAccountsExplanatoryTextBlock to label_DisclosureOfBreakdownOfAllowanceForExpectedCreditLossesOnDoubtfulAccountsExplanatoryTextBlock_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_RealEstatePropertyOneMember" xlink:label="RealEstatePropertyOneMember" xlink:title="RealEstatePropertyOneMember" />
    <link:label xlink:type="resource" xlink:label="label_RealEstatePropertyOneMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RealEstatePropertyOneMember" xml:lang="en-US" id="label_RealEstatePropertyOneMember">Real Estate Property One [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RealEstatePropertyOneMember" xlink:to="label_RealEstatePropertyOneMember" xlink:title="Label : RealEstatePropertyOneMember to label_RealEstatePropertyOneMember" />
    <link:label xlink:type="resource" xlink:label="label_RealEstatePropertyOneMember_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_RealEstatePropertyOneMember_1" xml:lang="en-US" id="label_RealEstatePropertyOneMember_1">This member stands for the information pertaining to Real estate property.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RealEstatePropertyOneMember" xlink:to="label_RealEstatePropertyOneMember_1" xlink:title="Label : RealEstatePropertyOneMember to label_RealEstatePropertyOneMember_1" />
    <link:label xlink:type="resource" xlink:label="label_RealEstatePropertyOneMember_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_RealEstatePropertyOneMember_2" xml:lang="en-US" id="label_RealEstatePropertyOneMember_2">Real Estate Property [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RealEstatePropertyOneMember" xlink:to="label_RealEstatePropertyOneMember_2" xlink:title="Label : RealEstatePropertyOneMember to label_RealEstatePropertyOneMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DisclosureOfAssetsAndLiabilitiesOrDisposalGroupsClassifiedAsHeldForSaleExplanatory" xlink:label="DisclosureOfAssetsAndLiabilitiesOrDisposalGroupsClassifiedAsHeldForSaleExplanatory" xlink:title="DisclosureOfAssetsAndLiabilitiesOrDisposalGroupsClassifiedAsHeldForSaleExplanatory" />
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    <link:label xlink:type="resource" xlink:label="label_DisclosureOfAssetsAndLiabilitiesOrDisposalGroupsClassifiedAsHeldForSaleExplanatory_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DisclosureOfAssetsAndLiabilitiesOrDisposalGroupsClassifiedAsHeldForSaleExplanatory_1" xml:lang="en-US" id="label_DisclosureOfAssetsAndLiabilitiesOrDisposalGroupsClassifiedAsHeldForSaleExplanatory_1">The disclosure of assets and liabilities or disposal groups classified as held for sale.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfAssetsAndLiabilitiesOrDisposalGroupsClassifiedAsHeldForSaleExplanatory" xlink:to="label_DisclosureOfAssetsAndLiabilitiesOrDisposalGroupsClassifiedAsHeldForSaleExplanatory_1" xlink:title="Label : DisclosureOfAssetsAndLiabilitiesOrDisposalGroupsClassifiedAsHeldForSaleExplanatory to label_DisclosureOfAssetsAndLiabilitiesOrDisposalGroupsClassifiedAsHeldForSaleExplanatory_1" />
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfAssetsAndLiabilitiesOrDisposalGroupsClassifiedAsHeldForSaleExplanatory_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DisclosureOfAssetsAndLiabilitiesOrDisposalGroupsClassifiedAsHeldForSaleExplanatory_2" xml:lang="en-US" id="label_DisclosureOfAssetsAndLiabilitiesOrDisposalGroupsClassifiedAsHeldForSaleExplanatory_2">Schedule of classes of assets and liabilities classified as held for sale</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfAssetsAndLiabilitiesOrDisposalGroupsClassifiedAsHeldForSaleExplanatory" xlink:to="label_DisclosureOfAssetsAndLiabilitiesOrDisposalGroupsClassifiedAsHeldForSaleExplanatory_2" xlink:title="Label : DisclosureOfAssetsAndLiabilitiesOrDisposalGroupsClassifiedAsHeldForSaleExplanatory to label_DisclosureOfAssetsAndLiabilitiesOrDisposalGroupsClassifiedAsHeldForSaleExplanatory_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_EffectOfExchangeRateChangesOnCashAndCashEquivalentsContinuingOperations" xlink:label="EffectOfExchangeRateChangesOnCashAndCashEquivalentsContinuingOperations" xlink:title="EffectOfExchangeRateChangesOnCashAndCashEquivalentsContinuingOperations" />
    <link:label xlink:type="resource" xlink:label="label_EffectOfExchangeRateChangesOnCashAndCashEquivalentsContinuingOperations" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_EffectOfExchangeRateChangesOnCashAndCashEquivalentsContinuingOperations" xml:lang="en-US" id="label_EffectOfExchangeRateChangesOnCashAndCashEquivalentsContinuingOperations">Effect of exchange rate changes on cash and cash equivalents in foreign currency - continuing operations</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EffectOfExchangeRateChangesOnCashAndCashEquivalentsContinuingOperations" xlink:to="label_EffectOfExchangeRateChangesOnCashAndCashEquivalentsContinuingOperations" xlink:title="Label : EffectOfExchangeRateChangesOnCashAndCashEquivalentsContinuingOperations to label_EffectOfExchangeRateChangesOnCashAndCashEquivalentsContinuingOperations" />
    <link:label xlink:type="resource" xlink:label="label_EffectOfExchangeRateChangesOnCashAndCashEquivalentsContinuingOperations_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_EffectOfExchangeRateChangesOnCashAndCashEquivalentsContinuingOperations_1" xml:lang="en-US" id="label_EffectOfExchangeRateChangesOnCashAndCashEquivalentsContinuingOperations_1">The effect of exchange rate changes on cash and cash equivalents held or due - continuing operations.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EffectOfExchangeRateChangesOnCashAndCashEquivalentsContinuingOperations" xlink:to="label_EffectOfExchangeRateChangesOnCashAndCashEquivalentsContinuingOperations_1" xlink:title="Label : EffectOfExchangeRateChangesOnCashAndCashEquivalentsContinuingOperations to label_EffectOfExchangeRateChangesOnCashAndCashEquivalentsContinuingOperations_1" />
    <link:label xlink:type="resource" xlink:label="label_EffectOfExchangeRateChangesOnCashAndCashEquivalentsContinuingOperations_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EffectOfExchangeRateChangesOnCashAndCashEquivalentsContinuingOperations_2" xml:lang="en-US" id="label_EffectOfExchangeRateChangesOnCashAndCashEquivalentsContinuingOperations_2">Effect Of Exchange Rate Changes On Cash And Cash Equivalents Continuing Operations</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EffectOfExchangeRateChangesOnCashAndCashEquivalentsContinuingOperations" xlink:to="label_EffectOfExchangeRateChangesOnCashAndCashEquivalentsContinuingOperations_2" xlink:title="Label : EffectOfExchangeRateChangesOnCashAndCashEquivalentsContinuingOperations to label_EffectOfExchangeRateChangesOnCashAndCashEquivalentsContinuingOperations_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleAndEquity" xlink:label="LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleAndEquity" xlink:title="LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleAndEquity" />
    <link:label xlink:type="resource" xlink:label="label_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleAndEquity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleAndEquity" xml:lang="en-US" id="label_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleAndEquity">Liabilities Included In Disposal Groups Classified As Held For Sale And Equity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleAndEquity" xlink:to="label_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleAndEquity" xlink:title="Label : LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleAndEquity to label_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleAndEquity" />
    <link:label xlink:type="resource" xlink:label="label_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleAndEquity_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleAndEquity_1" xml:lang="en-US" id="label_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleAndEquity_1">The amount of liabilities included in disposal groups classified as held for sale and equity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleAndEquity" xlink:to="label_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleAndEquity_1" xlink:title="Label : LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleAndEquity to label_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleAndEquity_1" />
    <link:label xlink:type="resource" xlink:label="label_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleAndEquity_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleAndEquity_2" xml:lang="en-US" id="label_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleAndEquity_2">Total liabilities held for sale and equity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleAndEquity" xlink:to="label_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleAndEquity_2" xlink:title="Label : LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleAndEquity to label_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleAndEquity_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NotesDue2026Member" xlink:label="NotesDue2026Member" xlink:title="NotesDue2026Member" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotesDue2026Member" xlink:to="label_NotesDue2026Member" xlink:title="Label : NotesDue2026Member to label_NotesDue2026Member" />
    <link:label xlink:type="resource" xlink:label="label_NotesDue2026Member_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NotesDue2026Member_1" xml:lang="en-US" id="label_NotesDue2026Member_1">Notes due in 2026 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotesDue2026Member" xlink:to="label_NotesDue2026Member_1" xlink:title="Label : NotesDue2026Member to label_NotesDue2026Member_1" />
    <link:label xlink:type="resource" xlink:label="label_NotesDue2026Member_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_NotesDue2026Member_2" xml:lang="en-US" id="label_NotesDue2026Member_2">This member stands for the information pertaining to notes due in 2026.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotesDue2026Member" xlink:to="label_NotesDue2026Member_2" xlink:title="Label : NotesDue2026Member to label_NotesDue2026Member_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_NotesDue2029Member" xlink:label="NotesDue2029Member" xlink:title="NotesDue2029Member" />
    <link:label xlink:type="resource" xlink:label="label_NotesDue2029Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NotesDue2029Member" xml:lang="en-US" id="label_NotesDue2029Member">Notes due in 2029</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotesDue2029Member" xlink:to="label_NotesDue2029Member" xlink:title="Label : NotesDue2029Member to label_NotesDue2029Member" />
    <link:label xlink:type="resource" xlink:label="label_NotesDue2029Member_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NotesDue2029Member_1" xml:lang="en-US" id="label_NotesDue2029Member_1">Notes Due 2029 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotesDue2029Member" xlink:to="label_NotesDue2029Member_1" xlink:title="Label : NotesDue2029Member to label_NotesDue2029Member_1" />
    <link:label xlink:type="resource" xlink:label="label_NotesDue2029Member_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_NotesDue2029Member_2" xml:lang="en-US" id="label_NotesDue2029Member_2">This member stands for the information pertaining to notes due in 2029.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotesDue2029Member" xlink:to="label_NotesDue2029Member_2" xlink:title="Label : NotesDue2029Member to label_NotesDue2029Member_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_MaximumAggregateTenderAmount" xlink:label="MaximumAggregateTenderAmount" xlink:title="MaximumAggregateTenderAmount" />
    <link:label xlink:type="resource" xlink:label="label_MaximumAggregateTenderAmount" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MaximumAggregateTenderAmount" xml:lang="en-US" id="label_MaximumAggregateTenderAmount">Maximum Aggregate Tender Amount</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaximumAggregateTenderAmount" xlink:to="label_MaximumAggregateTenderAmount" xlink:title="Label : MaximumAggregateTenderAmount to label_MaximumAggregateTenderAmount" />
    <link:label xlink:type="resource" xlink:label="label_MaximumAggregateTenderAmount_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_MaximumAggregateTenderAmount_1" xml:lang="en-US" id="label_MaximumAggregateTenderAmount_1">The amount of maximum aggregate tender value.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaximumAggregateTenderAmount" xlink:to="label_MaximumAggregateTenderAmount_1" xlink:title="Label : MaximumAggregateTenderAmount to label_MaximumAggregateTenderAmount_1" />
    <link:label xlink:type="resource" xlink:label="label_MaximumAggregateTenderAmount_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_MaximumAggregateTenderAmount_2" xml:lang="en-US" id="label_MaximumAggregateTenderAmount_2">Maximum aggregate tender amount</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaximumAggregateTenderAmount" xlink:to="label_MaximumAggregateTenderAmount_2" xlink:title="Label : MaximumAggregateTenderAmount to label_MaximumAggregateTenderAmount_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ContractualCapitalCommitments" xlink:label="ContractualCapitalCommitments" xlink:title="ContractualCapitalCommitments" />
    <link:label xlink:type="resource" xlink:label="label_ContractualCapitalCommitments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ContractualCapitalCommitments" xml:lang="en-US" id="label_ContractualCapitalCommitments">Contractual capital commitments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContractualCapitalCommitments" xlink:to="label_ContractualCapitalCommitments" xlink:title="Label : ContractualCapitalCommitments to label_ContractualCapitalCommitments" />
    <link:label xlink:type="resource" xlink:label="label_ContractualCapitalCommitments_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ContractualCapitalCommitments_1" xml:lang="en-US" id="label_ContractualCapitalCommitments_1">Obligations regarding minimum purchase limits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContractualCapitalCommitments" xlink:to="label_ContractualCapitalCommitments_1" xlink:title="Label : ContractualCapitalCommitments to label_ContractualCapitalCommitments_1" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_OxitenoSAOleoquimicaAndEmcaMember" xlink:label="OxitenoSAOleoquimicaAndEmcaMember" xlink:title="OxitenoSAOleoquimicaAndEmcaMember" />
    <link:label xlink:type="resource" xlink:label="label_OxitenoSAOleoquimicaAndEmcaMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OxitenoSAOleoquimicaAndEmcaMember" xml:lang="en-US" id="label_OxitenoSAOleoquimicaAndEmcaMember">Oxiteno S A Oleoqu&#xED;mica and Emca [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OxitenoSAOleoquimicaAndEmcaMember" xlink:to="label_OxitenoSAOleoquimicaAndEmcaMember" xlink:title="Label : OxitenoSAOleoquimicaAndEmcaMember to label_OxitenoSAOleoquimicaAndEmcaMember" />
    <link:label xlink:type="resource" xlink:label="label_OxitenoSAOleoquimicaAndEmcaMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OxitenoSAOleoquimicaAndEmcaMember_1" xml:lang="en-US" id="label_OxitenoSAOleoquimicaAndEmcaMember_1">Oxiteno S.A., Oleoqu&#xED;mica and EMCA [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OxitenoSAOleoquimicaAndEmcaMember" xlink:to="label_OxitenoSAOleoquimicaAndEmcaMember_1" xlink:title="Label : OxitenoSAOleoquimicaAndEmcaMember to label_OxitenoSAOleoquimicaAndEmcaMember_1" />
    <link:label xlink:type="resource" xlink:label="label_OxitenoSAOleoquimicaAndEmcaMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_OxitenoSAOleoquimicaAndEmcaMember_2" xml:lang="en-US" id="label_OxitenoSAOleoquimicaAndEmcaMember_2">This member stands for the information pertaining to Oxiteno S.A., Oleoqu&#xED;mica and EMCA.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OxitenoSAOleoquimicaAndEmcaMember" xlink:to="label_OxitenoSAOleoquimicaAndEmcaMember_2" xlink:title="Label : OxitenoSAOleoquimicaAndEmcaMember to label_OxitenoSAOleoquimicaAndEmcaMember_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_IncomeTaxBenefitRelatedToAssetsHeldForSale" xlink:label="IncomeTaxBenefitRelatedToAssetsHeldForSale" xlink:title="IncomeTaxBenefitRelatedToAssetsHeldForSale" />
    <link:label xlink:type="resource" xlink:label="label_IncomeTaxBenefitRelatedToAssetsHeldForSale" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncomeTaxBenefitRelatedToAssetsHeldForSale" xml:lang="en-US" id="label_IncomeTaxBenefitRelatedToAssetsHeldForSale">Income Tax Benefit, Related to Assets Held for Sale</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeTaxBenefitRelatedToAssetsHeldForSale" xlink:to="label_IncomeTaxBenefitRelatedToAssetsHeldForSale" xlink:title="Label : IncomeTaxBenefitRelatedToAssetsHeldForSale to label_IncomeTaxBenefitRelatedToAssetsHeldForSale" />
    <link:label xlink:type="resource" xlink:label="label_IncomeTaxBenefitRelatedToAssetsHeldForSale_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IncomeTaxBenefitRelatedToAssetsHeldForSale_1" xml:lang="en-US" id="label_IncomeTaxBenefitRelatedToAssetsHeldForSale_1">Income tax benefit related to assets held for sale</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeTaxBenefitRelatedToAssetsHeldForSale" xlink:to="label_IncomeTaxBenefitRelatedToAssetsHeldForSale_1" xlink:title="Label : IncomeTaxBenefitRelatedToAssetsHeldForSale to label_IncomeTaxBenefitRelatedToAssetsHeldForSale_1" />
    <link:label xlink:type="resource" xlink:label="label_IncomeTaxBenefitRelatedToAssetsHeldForSale_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_IncomeTaxBenefitRelatedToAssetsHeldForSale_2" xml:lang="en-US" id="label_IncomeTaxBenefitRelatedToAssetsHeldForSale_2">The amount of income tax benefit related to assets held for sale.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeTaxBenefitRelatedToAssetsHeldForSale" xlink:to="label_IncomeTaxBenefitRelatedToAssetsHeldForSale_2" xlink:title="Label : IncomeTaxBenefitRelatedToAssetsHeldForSale to label_IncomeTaxBenefitRelatedToAssetsHeldForSale_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_IncomeAndSocialContributionTaxBenefitRelatedToMonetaryVariationSelicOnRepetitionOfTaxUnduePayments" xlink:label="IncomeAndSocialContributionTaxBenefitRelatedToMonetaryVariationSelicOnRepetitionOfTaxUnduePayments" xlink:title="IncomeAndSocialContributionTaxBenefitRelatedToMonetaryVariationSelicOnRepetitionOfTaxUnduePayments" />
    <link:label xlink:type="resource" xlink:label="label_IncomeAndSocialContributionTaxBenefitRelatedToMonetaryVariationSelicOnRepetitionOfTaxUnduePayments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncomeAndSocialContributionTaxBenefitRelatedToMonetaryVariationSelicOnRepetitionOfTaxUnduePayments" xml:lang="en-US" id="label_IncomeAndSocialContributionTaxBenefitRelatedToMonetaryVariationSelicOnRepetitionOfTaxUnduePayments">Income and Social Contribution Tax Benefit, Related to Monetary Variation Selic on Repetition of Tax Undue Payments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeAndSocialContributionTaxBenefitRelatedToMonetaryVariationSelicOnRepetitionOfTaxUnduePayments" xlink:to="label_IncomeAndSocialContributionTaxBenefitRelatedToMonetaryVariationSelicOnRepetitionOfTaxUnduePayments" xlink:title="Label : IncomeAndSocialContributionTaxBenefitRelatedToMonetaryVariationSelicOnRepetitionOfTaxUnduePayments to label_IncomeAndSocialContributionTaxBenefitRelatedToMonetaryVariationSelicOnRepetitionOfTaxUnduePayments" />
    <link:label xlink:type="resource" xlink:label="label_IncomeAndSocialContributionTaxBenefitRelatedToMonetaryVariationSelicOnRepetitionOfTaxUnduePayments_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IncomeAndSocialContributionTaxBenefitRelatedToMonetaryVariationSelicOnRepetitionOfTaxUnduePayments_1" xml:lang="en-US" id="label_IncomeAndSocialContributionTaxBenefitRelatedToMonetaryVariationSelicOnRepetitionOfTaxUnduePayments_1">Income and social contribution tax benefit related to monetary variation (SELIC) on repetition of tax undue payments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeAndSocialContributionTaxBenefitRelatedToMonetaryVariationSelicOnRepetitionOfTaxUnduePayments" xlink:to="label_IncomeAndSocialContributionTaxBenefitRelatedToMonetaryVariationSelicOnRepetitionOfTaxUnduePayments_1" xlink:title="Label : IncomeAndSocialContributionTaxBenefitRelatedToMonetaryVariationSelicOnRepetitionOfTaxUnduePayments to label_IncomeAndSocialContributionTaxBenefitRelatedToMonetaryVariationSelicOnRepetitionOfTaxUnduePayments_1" />
    <link:label xlink:type="resource" xlink:label="label_IncomeAndSocialContributionTaxBenefitRelatedToMonetaryVariationSelicOnRepetitionOfTaxUnduePayments_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_IncomeAndSocialContributionTaxBenefitRelatedToMonetaryVariationSelicOnRepetitionOfTaxUnduePayments_2" xml:lang="en-US" id="label_IncomeAndSocialContributionTaxBenefitRelatedToMonetaryVariationSelicOnRepetitionOfTaxUnduePayments_2">The amount of income and social contribution tax benefit related to monetary variation from Special System for Settlement and Custody (&#x201C;SELIC&#x201D;) on repetition of tax undue payments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeAndSocialContributionTaxBenefitRelatedToMonetaryVariationSelicOnRepetitionOfTaxUnduePayments" xlink:to="label_IncomeAndSocialContributionTaxBenefitRelatedToMonetaryVariationSelicOnRepetitionOfTaxUnduePayments_2" xlink:title="Label : IncomeAndSocialContributionTaxBenefitRelatedToMonetaryVariationSelicOnRepetitionOfTaxUnduePayments to label_IncomeAndSocialContributionTaxBenefitRelatedToMonetaryVariationSelicOnRepetitionOfTaxUnduePayments_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_ChangesInWorkingCapitalAndNetDebtPositionInDisposalGroupTransaction" xlink:label="ChangesInWorkingCapitalAndNetDebtPositionInDisposalGroupTransaction" xlink:title="ChangesInWorkingCapitalAndNetDebtPositionInDisposalGroupTransaction" />
    <link:label xlink:type="resource" xlink:label="label_ChangesInWorkingCapitalAndNetDebtPositionInDisposalGroupTransaction" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ChangesInWorkingCapitalAndNetDebtPositionInDisposalGroupTransaction" xml:lang="en-US" id="label_ChangesInWorkingCapitalAndNetDebtPositionInDisposalGroupTransaction">Changes in Working Capital and Net Debt Position in Disposal Group Transaction</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangesInWorkingCapitalAndNetDebtPositionInDisposalGroupTransaction" xlink:to="label_ChangesInWorkingCapitalAndNetDebtPositionInDisposalGroupTransaction" xlink:title="Label : ChangesInWorkingCapitalAndNetDebtPositionInDisposalGroupTransaction to label_ChangesInWorkingCapitalAndNetDebtPositionInDisposalGroupTransaction" />
    <link:label xlink:type="resource" xlink:label="label_ChangesInWorkingCapitalAndNetDebtPositionInDisposalGroupTransaction_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ChangesInWorkingCapitalAndNetDebtPositionInDisposalGroupTransaction_1" xml:lang="en-US" id="label_ChangesInWorkingCapitalAndNetDebtPositionInDisposalGroupTransaction_1">Variations in working capital and net debt position in disposal group transaction</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangesInWorkingCapitalAndNetDebtPositionInDisposalGroupTransaction" xlink:to="label_ChangesInWorkingCapitalAndNetDebtPositionInDisposalGroupTransaction_1" xlink:title="Label : ChangesInWorkingCapitalAndNetDebtPositionInDisposalGroupTransaction to label_ChangesInWorkingCapitalAndNetDebtPositionInDisposalGroupTransaction_1" />
    <link:label xlink:type="resource" xlink:label="label_ChangesInWorkingCapitalAndNetDebtPositionInDisposalGroupTransaction_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ChangesInWorkingCapitalAndNetDebtPositionInDisposalGroupTransaction_2" xml:lang="en-US" id="label_ChangesInWorkingCapitalAndNetDebtPositionInDisposalGroupTransaction_2">The amount of changes in working capital and net debt position in disposal group transaction.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangesInWorkingCapitalAndNetDebtPositionInDisposalGroupTransaction" xlink:to="label_ChangesInWorkingCapitalAndNetDebtPositionInDisposalGroupTransaction_2" xlink:title="Label : ChangesInWorkingCapitalAndNetDebtPositionInDisposalGroupTransaction to label_ChangesInWorkingCapitalAndNetDebtPositionInDisposalGroupTransaction_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_InitialPaymentMadeInDisposalGroupTransaction" xlink:label="InitialPaymentMadeInDisposalGroupTransaction" xlink:title="InitialPaymentMadeInDisposalGroupTransaction" />
    <link:label xlink:type="resource" xlink:label="label_InitialPaymentMadeInDisposalGroupTransaction" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_InitialPaymentMadeInDisposalGroupTransaction" xml:lang="en-US" id="label_InitialPaymentMadeInDisposalGroupTransaction">Initial Payment Made in Disposal Group Transaction</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InitialPaymentMadeInDisposalGroupTransaction" xlink:to="label_InitialPaymentMadeInDisposalGroupTransaction" xlink:title="Label : InitialPaymentMadeInDisposalGroupTransaction to label_InitialPaymentMadeInDisposalGroupTransaction" />
    <link:label xlink:type="resource" xlink:label="label_InitialPaymentMadeInDisposalGroupTransaction_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_InitialPaymentMadeInDisposalGroupTransaction_1" xml:lang="en-US" id="label_InitialPaymentMadeInDisposalGroupTransaction_1">Initial payment made in disposal group transaction</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InitialPaymentMadeInDisposalGroupTransaction" xlink:to="label_InitialPaymentMadeInDisposalGroupTransaction_1" xlink:title="Label : InitialPaymentMadeInDisposalGroupTransaction to label_InitialPaymentMadeInDisposalGroupTransaction_1" />
    <link:label xlink:type="resource" xlink:label="label_InitialPaymentMadeInDisposalGroupTransaction_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_InitialPaymentMadeInDisposalGroupTransaction_2" xml:lang="en-US" id="label_InitialPaymentMadeInDisposalGroupTransaction_2">The amount of initial payment made in disposal group transaction.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InitialPaymentMadeInDisposalGroupTransaction" xlink:to="label_InitialPaymentMadeInDisposalGroupTransaction_2" xlink:title="Label : InitialPaymentMadeInDisposalGroupTransaction to label_InitialPaymentMadeInDisposalGroupTransaction_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_FinalPaymentToBeMadeInDisposalGroupTransaction" xlink:label="FinalPaymentToBeMadeInDisposalGroupTransaction" xlink:title="FinalPaymentToBeMadeInDisposalGroupTransaction" />
    <link:label xlink:type="resource" xlink:label="label_FinalPaymentToBeMadeInDisposalGroupTransaction" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_FinalPaymentToBeMadeInDisposalGroupTransaction" xml:lang="en-US" id="label_FinalPaymentToBeMadeInDisposalGroupTransaction">The amount to be made as final payment in disposal group transaction.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinalPaymentToBeMadeInDisposalGroupTransaction" xlink:to="label_FinalPaymentToBeMadeInDisposalGroupTransaction" xlink:title="Label : FinalPaymentToBeMadeInDisposalGroupTransaction to label_FinalPaymentToBeMadeInDisposalGroupTransaction" />
    <link:label xlink:type="resource" xlink:label="label_FinalPaymentToBeMadeInDisposalGroupTransaction_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_FinalPaymentToBeMadeInDisposalGroupTransaction_1" xml:lang="en-US" id="label_FinalPaymentToBeMadeInDisposalGroupTransaction_1">Final payment to be made in disposal group transaction</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinalPaymentToBeMadeInDisposalGroupTransaction" xlink:to="label_FinalPaymentToBeMadeInDisposalGroupTransaction_1" xlink:title="Label : FinalPaymentToBeMadeInDisposalGroupTransaction to label_FinalPaymentToBeMadeInDisposalGroupTransaction_1" />
    <link:label xlink:type="resource" xlink:label="label_FinalPaymentToBeMadeInDisposalGroupTransaction_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FinalPaymentToBeMadeInDisposalGroupTransaction_2" xml:lang="en-US" id="label_FinalPaymentToBeMadeInDisposalGroupTransaction_2">Final Payment to Be Made in Disposal Group Transaction</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinalPaymentToBeMadeInDisposalGroupTransaction" xlink:to="label_FinalPaymentToBeMadeInDisposalGroupTransaction_2" xlink:title="Label : FinalPaymentToBeMadeInDisposalGroupTransaction to label_FinalPaymentToBeMadeInDisposalGroupTransaction_2" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_DescriptionOfFinalPaymentDueDate" xlink:label="DescriptionOfFinalPaymentDueDate" xlink:title="DescriptionOfFinalPaymentDueDate" />
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfFinalPaymentDueDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DescriptionOfFinalPaymentDueDate" xml:lang="en-US" id="label_DescriptionOfFinalPaymentDueDate">Description of Final Payment Due Date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfFinalPaymentDueDate" xlink:to="label_DescriptionOfFinalPaymentDueDate" xlink:title="Label : DescriptionOfFinalPaymentDueDate to label_DescriptionOfFinalPaymentDueDate" />
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfFinalPaymentDueDate_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DescriptionOfFinalPaymentDueDate_1" xml:lang="en-US" id="label_DescriptionOfFinalPaymentDueDate_1">Final payment due date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfFinalPaymentDueDate" xlink:to="label_DescriptionOfFinalPaymentDueDate_1" xlink:title="Label : DescriptionOfFinalPaymentDueDate to label_DescriptionOfFinalPaymentDueDate_1" />
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfFinalPaymentDueDate_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DescriptionOfFinalPaymentDueDate_2" xml:lang="en-US" id="label_DescriptionOfFinalPaymentDueDate_2">The description of final payment due date in disposal group transaction.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfFinalPaymentDueDate" xlink:to="label_DescriptionOfFinalPaymentDueDate_2" xlink:title="Label : DescriptionOfFinalPaymentDueDate to label_DescriptionOfFinalPaymentDueDate_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AccumulatedOtherComprehensiveIncome" xlink:label="AccumulatedOtherComprehensiveIncome" xlink:title="AccumulatedOtherComprehensiveIncome" />
    <link:label xlink:type="resource" xlink:label="label_AccumulatedOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AccumulatedOtherComprehensiveIncome" xml:lang="en-US" id="label_AccumulatedOtherComprehensiveIncome">Accumulated other comprehensive income</link:label>
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    <link:label xlink:type="resource" xlink:label="label_AccumulatedOtherComprehensiveIncome_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AccumulatedOtherComprehensiveIncome_1" xml:lang="en-US" id="label_AccumulatedOtherComprehensiveIncome_1">Other comprehensive income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccumulatedOtherComprehensiveIncome" xlink:to="label_AccumulatedOtherComprehensiveIncome_1" xlink:title="Label : AccumulatedOtherComprehensiveIncome to label_AccumulatedOtherComprehensiveIncome_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_BorrowingCostsRecognisedAsExpense" xlink:label="BorrowingCostsRecognisedAsExpense" xlink:title="BorrowingCostsRecognisedAsExpense" />
    <link:label xlink:type="resource" xlink:label="label_BorrowingCostsRecognisedAsExpense" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_BorrowingCostsRecognisedAsExpense" xml:lang="en-US" id="label_BorrowingCostsRecognisedAsExpense">Charges</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingCostsRecognisedAsExpense" xlink:to="label_BorrowingCostsRecognisedAsExpense" xlink:title="Label : BorrowingCostsRecognisedAsExpense to label_BorrowingCostsRecognisedAsExpense" />
    <link:loc xlink:type="locator" xlink:href="ugp-20211231.xsd#ugp_EmpreendimentosPagueMenosSAMember" xlink:label="EmpreendimentosPagueMenosSAMember" xlink:title="EmpreendimentosPagueMenosSAMember" />
    <link:label xlink:type="resource" xlink:label="label_EmpreendimentosPagueMenosSAMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EmpreendimentosPagueMenosSAMember" xml:lang="en-US" id="label_EmpreendimentosPagueMenosSAMember">Empreendimentos Pague Menos S.A [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EmpreendimentosPagueMenosSAMember" xlink:to="label_EmpreendimentosPagueMenosSAMember" xlink:title="Label : EmpreendimentosPagueMenosSAMember to label_EmpreendimentosPagueMenosSAMember" />
    <link:label xlink:type="resource" xlink:label="label_EmpreendimentosPagueMenosSAMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_EmpreendimentosPagueMenosSAMember_1" xml:lang="en-US" id="label_EmpreendimentosPagueMenosSAMember_1">Empreendimentos Pague Menos S.A.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EmpreendimentosPagueMenosSAMember" xlink:to="label_EmpreendimentosPagueMenosSAMember_1" xlink:title="Label : EmpreendimentosPagueMenosSAMember to label_EmpreendimentosPagueMenosSAMember_1" />
    <link:label xlink:type="resource" xlink:label="label_EmpreendimentosPagueMenosSAMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_EmpreendimentosPagueMenosSAMember_2" xml:lang="en-US" id="label_EmpreendimentosPagueMenosSAMember_2">This member stands for the information pertaining to Empreendimentos Pague Menos S.A. (&#x201C;Pague Menos&#x201D;).</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EmpreendimentosPagueMenosSAMember" xlink:to="label_EmpreendimentosPagueMenosSAMember_2" xlink:title="Label : EmpreendimentosPagueMenosSAMember to label_EmpreendimentosPagueMenosSAMember_2" />
    <link:label xlink:type="resource" xlink:label="label_BorrowingCostsRecognisedAsExpense_1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_BorrowingCostsRecognisedAsExpense_1" xml:lang="en-US" id="label_BorrowingCostsRecognisedAsExpense_1">Borrowing costs recognised as expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingCostsRecognisedAsExpense" xlink:to="label_BorrowingCostsRecognisedAsExpense_1" xlink:title="Label : BorrowingCostsRecognisedAsExpense to label_BorrowingCostsRecognisedAsExpense_1" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebenturesMember" xlink:to="label_DebenturesMember_2" xlink:title="Label : DebenturesMember to label_DebenturesMember_2" />
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    <link:label xlink:type="resource" xlink:label="label_DocumentInformationTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DocumentInformationTable" xml:lang="en-US" id="label_DocumentInformationTable">Document Information [Table]</link:label>
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<DOCUMENT>
<TYPE>EX-101.SCH
<SEQUENCE>22
<FILENAME>ugp-20211231.xsd
<DESCRIPTION>SCHEMA
<TEXT>
<XBRL>
<?xml version="1.0" encoding="us-ascii" standalone="yes"?>
<!--Created by 2H Software, Powered by IRIS Carbon, Unique Code 627a702339fddb0d540e4d22, Generated At Tue, 10 May 2022 14:08:34 GMT-->
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        <link:definition>0000 - Document - Cover Page</link:definition>
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        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
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        <link:definition>0010 - Statement - Consolidated Statements of Financial Position</link:definition>
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        <link:usedOn>link:definitionLink</link:usedOn>
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        <link:definition>0020 - Statement - Consolidated Statements of Profit or Loss</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
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        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
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        <link:definition>0031 - Statement - Consolidated Statements of Comprehensive Income (Calc 2)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
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      <link:roleType roleURI="http://www.ultrapar.com/role/ConsolidatedStatementsofChangesinEquity" id="ConsolidatedStatementsofChangesinEquity">
        <link:definition>0040 - Statement - Consolidated Statements of Changes in Equity</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
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      <link:roleType roleURI="http://www.ultrapar.com/role/ConsolidatedStatementsofChangesinEquityParenthetical" id="ConsolidatedStatementsofChangesinEquityParenthetical">
        <link:definition>0041 - Statement - Consolidated Statements of Changes in Equity (Parenthetical)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
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      <link:roleType roleURI="http://www.ultrapar.com/role/ConsolidatedStatementsofCashFlowsIndirectMethod" id="ConsolidatedStatementsofCashFlowsIndirectMethod">
        <link:definition>0050 - Statement - Consolidated Statements of Cash Flows-Indirect Method</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
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      <link:roleType roleURI="http://www.ultrapar.com/role/Operations" id="Operations">
        <link:definition>1010 - Disclosure - Operations</link:definition>
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        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
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        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
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        <link:definition>1030 - Disclosure - Assets and liabilities from subsidiaries held for sale and discontinued operations</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
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        <link:definition>1040 - Disclosure - Principles of Consolidation and Investments in Subsidiaries</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
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      <link:roleType roleURI="http://www.ultrapar.com/role/CashAndCashEquivalentsAndFinancialInvestments" id="CashAndCashEquivalentsAndFinancialInvestments">
        <link:definition>1050 - Disclosure - Cash and Cash Equivalents and Financial Investments</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
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      <link:roleType roleURI="http://www.ultrapar.com/role/TradeReceivablesAndResellerFinancing" id="TradeReceivablesAndResellerFinancing">
        <link:definition>1060 - Disclosure - Trade Receivables and Reseller Financing</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.ultrapar.com/role/Inventories" id="Inventories">
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        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.ultrapar.com/role/TaxesToRecover" id="TaxesToRecover">
        <link:definition>1080 - Disclosure - Taxes to Recover</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.ultrapar.com/role/RelatedParties" id="RelatedParties">
        <link:definition>1090 - Disclosure - Related Parties</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.ultrapar.com/role/IncomeAndSocialContributionTaxes" id="IncomeAndSocialContributionTaxes">
        <link:definition>1100 - Disclosure - Income and Social Contribution Taxes</link:definition>
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        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.ultrapar.com/role/PrepaidExpenses" id="PrepaidExpenses">
        <link:definition>1110 - Disclosure - Prepaid Expenses</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.ultrapar.com/role/ContractualAssetsWithCustomersExclusiveRights" id="ContractualAssetsWithCustomersExclusiveRights">
        <link:definition>1120 - Disclosure - Contractual Assets with Customers - Exclusive Rights</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.ultrapar.com/role/Investments" id="Investments">
        <link:definition>1130 - Disclosure - Investments</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.ultrapar.com/role/RightToUseAssetsAndLeasesPayable" id="RightToUseAssetsAndLeasesPayable">
        <link:definition>1140 - Disclosure - Right to Use Assets and Leases payable</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.ultrapar.com/role/PropertyPlantAndEquipment" id="PropertyPlantAndEquipment">
        <link:definition>1150 - Disclosure - Property, Plant, and Equipment</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.ultrapar.com/role/IntangibleAssets" id="IntangibleAssets">
        <link:definition>1160 - Disclosure - Intangible Assets</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
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      <link:roleType roleURI="http://www.ultrapar.com/role/TradePayables" id="TradePayables">
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        <link:usedOn>link:definitionLink</link:usedOn>
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      <link:roleType roleURI="http://www.ultrapar.com/role/SalariesAndRelatedCharges" id="SalariesAndRelatedCharges">
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      <link:roleType roleURI="http://www.ultrapar.com/role/TaxesPayable" id="TaxesPayable">
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      <link:roleType roleURI="http://www.ultrapar.com/role/EmployeeBenefitsAndPrivatePensionPlan" id="EmployeeBenefitsAndPrivatePensionPlan">
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        <link:usedOn>link:definitionLink</link:usedOn>
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      <link:roleType roleURI="http://www.ultrapar.com/role/ProvisionForAssetRetirementObligationFuelTanks" id="ProvisionForAssetRetirementObligationFuelTanks">
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        <link:usedOn>link:definitionLink</link:usedOn>
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      <link:roleType roleURI="http://www.ultrapar.com/role/DeferredRevenue" id="DeferredRevenue">
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        <link:usedOn>link:definitionLink</link:usedOn>
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      <link:roleType roleURI="http://www.ultrapar.com/role/SubscriptionWarrantsIndemnification" id="SubscriptionWarrantsIndemnification">
        <link:definition>1250 - Disclosure - Subscription warrants - indemnification</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
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      <link:roleType roleURI="http://www.ultrapar.com/role/Equity" id="Equity">
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        <link:usedOn>link:definitionLink</link:usedOn>
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        <link:usedOn>link:definitionLink</link:usedOn>
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        <link:usedOn>link:definitionLink</link:usedOn>
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        <link:usedOn>link:definitionLink</link:usedOn>
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        <link:usedOn>link:definitionLink</link:usedOn>
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        <link:usedOn>link:definitionLink</link:usedOn>
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        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
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  <xsd:element name="IpirangaProdutosDepetroleoSaAndUltracargoLogisticaSAMember" id="ugp_IpirangaProdutosDepetroleoSaAndUltracargoLogisticaSAMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="DebenturesTenthIssueMember" id="ugp_DebenturesTenthIssueMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="DebentureThirteenMember" id="ugp_DebentureThirteenMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="DebentureTwelveMember" id="ugp_DebentureTwelveMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="DebentureElevenMember" id="ugp_DebentureElevenMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="WeightedAverageNumberOfOrdinarySharesUsedInCalculatingBasicEarningsPerShareContinuingOperations" id="ugp_WeightedAverageNumberOfOrdinarySharesUsedInCalculatingBasicEarningsPerShareContinuingOperations" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="EarningsLossPerShareAbstract" id="ugp_EarningsLossPerShareAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="IncreaseDecreaseThroughNetHedgeDifferencesLoansAndBorrowings" id="ugp_IncreaseDecreaseThroughNetHedgeDifferencesLoansAndBorrowings" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="EarningsLossPerShareFromDiscontinuedOperationsAbstract" id="ugp_EarningsLossPerShareFromDiscontinuedOperationsAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="EarningsLossPerShareFromContinuingOperationsAbstract" id="ugp_EarningsLossPerShareFromContinuingOperationsAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="AssetsHeldForSaleMember" id="ugp_AssetsHeldForSaleMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="BrazilianRealPerUSDollarMember" id="ugp_BrazilianRealPerUSDollarMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="CurrentResellerFinancing" id="ugp_CurrentResellerFinancing" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="DividendsReceivableCurrent" id="ugp_DividendsReceivableCurrent" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="NonCurrentResellerFinancing" id="ugp_NonCurrentResellerFinancing" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="IndemnificationAssetBusinessCombination" id="ugp_IndemnificationAssetBusinessCombination" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="InvestmentAbstract" id="ugp_InvestmentAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="NonCurrentInvestments" id="ugp_NonCurrentInvestments" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="LoansFinancingAndHedgingInstrumentsCurrent" id="ugp_LoansFinancingAndHedgingInstrumentsCurrent" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="TradeCurrentPayablesReverseFactoring" id="ugp_TradeCurrentPayablesReverseFactoring" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="CurrentProvisionAssetRetirementObligation" id="ugp_CurrentProvisionAssetRetirementObligation" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="LoansFinancingAndHedgingInstrumentsNonCurrent" id="ugp_LoansFinancingAndHedgingInstrumentsNonCurrent" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="NonCurrentProvisionForAssetRetirementObligation" id="ugp_NonCurrentProvisionForAssetRetirementObligation" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="NonCurrentIndemnificationForSubscriptionWarrants" id="ugp_NonCurrentIndemnificationForSubscriptionWarrants" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="NonCurrentProvisionForShortTermLiabilitiesOfJointVenture" id="ugp_NonCurrentProvisionForShortTermLiabilitiesOfJointVenture" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="EquityInstrumentsGranted" id="ugp_EquityInstrumentsGranted" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="AdditionalDividendsMinimumMandatoryDividends" id="ugp_AdditionalDividendsMinimumMandatoryDividends" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="ShareholdersEquityAttributableToAbstract" id="ugp_ShareholdersEquityAttributableToAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="OperatingIncomeExpensesAbstract" id="ugp_OperatingIncomeExpensesAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates" id="ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes" id="ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="OtherComprehensiveIncomeNetOfTaxFairValueAdjustmentsOfFinancialInstrumentsAttributableToSubsidiaries" id="ugp_OtherComprehensiveIncomeNetOfTaxFairValueAdjustmentsOfFinancialInstrumentsAttributableToSubsidiaries" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="OtherComprehensiveIncomeNetOfTaxFairValueAdjustmentsOfFinancialInstrumentsAttributableToJointVentures" id="ugp_OtherComprehensiveIncomeNetOfTaxFairValueAdjustmentsOfFinancialInstrumentsAttributableToJointVentures" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="OtherComprehensiveIncomeNetOfTaxActuarialGainLossesOfPostEmploymentBenefitsAttributableToSubsidiaries" id="ugp_OtherComprehensiveIncomeNetOfTaxActuarialGainLossesOfPostEmploymentBenefitsAttributableToSubsidiaries" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="OtherComprehensiveIncomeNetOfTaxActuarialGainLossesOfPostEmploymentBenefitsAttributableToJointVentures" id="ugp_OtherComprehensiveIncomeNetOfTaxActuarialGainLossesOfPostEmploymentBenefitsAttributableToJointVentures" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="EquityInstrumentGrantedMember" id="ugp_EquityInstrumentGrantedMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="InvestmentsStatutoryReserveMember" id="ugp_InvestmentsStatutoryReserveMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="ValuationAdjustmentsMember" id="ugp_ValuationAdjustmentsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="AdditionalDividendsMember" id="ugp_AdditionalDividendsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="IncreaseDecreaseThroughStockPlans" id="ugp_IncreaseDecreaseThroughStockPlans" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="IncreaseDecreaseThroughEquityInstrumentGranted" id="ugp_IncreaseDecreaseThroughEquityInstrumentGranted" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="IncreaseDecreaseThroughShareholderTransactionGainInReimbursementOfSharesEquity" id="ugp_IncreaseDecreaseThroughShareholderTransactionGainInReimbursementOfSharesEquity" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="IncreaseDecreaseThroughRealizationOfRevaluationReserveOfSubsidiariesEquity" id="ugp_IncreaseDecreaseThroughRealizationOfRevaluationReserveOfSubsidiariesEquity" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="IncreaseDecreaseThroughIncomeAndSocialContributionTaxesOnRealizationOfRevaluationReserveOfSubsidiariesEquity" id="ugp_IncreaseDecreaseThroughIncomeAndSocialContributionTaxesOnRealizationOfRevaluationReserveOfSubsidiariesEquity" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="IncreaseDecreaseThroughShareholderTransactionChangesOfInvestments" id="ugp_IncreaseDecreaseThroughShareholderTransactionChangesOfInvestments" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="IncreaseDecreaseThroughCapitalIncreaseFromSubsidiaryNoncontrollingShareholders" id="ugp_IncreaseDecreaseThroughCapitalIncreaseFromSubsidiaryNoncontrollingShareholders" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="AllocationOfNetIncomeAbstract" id="ugp_AllocationOfNetIncomeAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve" id="ugp_IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="InterimDividends" id="ugp_InterimDividends" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="ProposedDividends" id="ugp_ProposedDividends" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="InterimDividendsPerShare" id="ugp_InterimDividendsPerShare" type="num:perShareItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="ProposedDividendsPerShare" id="ugp_ProposedDividendsPerShare" type="num:perShareItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="AdjustmentsForAmortizationOfRightOfUseAssets" id="ugp_AdjustmentsForAmortizationOfRightOfUseAssets" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="AdjustmentsForCreditsOnDepreciation" id="ugp_AdjustmentsForCreditsOnDepreciation" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="AdjustmentsForProvisionForLossesInInventories" id="ugp_AdjustmentsForProvisionForLossesInInventories" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="AdjustmentsForProvisionForPostemploymentBenefits" id="ugp_AdjustmentsForProvisionForPostemploymentBenefits" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="AdjustmentsForProvisionOfDecarbonization" id="ugp_AdjustmentsForProvisionOfDecarbonization" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="AdjustmentsForProvisionForTaxCivilAndLaborRisks" id="ugp_AdjustmentsForProvisionForTaxCivilAndLaborRisks" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="IncreaseDecreaseInCurrentAssetsAbstract" id="ugp_IncreaseDecreaseInCurrentAssetsAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="AdjustmentsForDecreaseIncreaseInCurrentRecoverableTaxes" id="ugp_AdjustmentsForDecreaseIncreaseInCurrentRecoverableTaxes" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="AdjustmentsForDecreaseIncreaseInCurrentPrepaidExpenses" id="ugp_AdjustmentsForDecreaseIncreaseInCurrentPrepaidExpenses" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="IncreaseDecreaseInCurrentLiabilitiesAbstract" id="ugp_IncreaseDecreaseInCurrentLiabilitiesAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="AdjustmentsForIncreaseDecreaseInSalariesAndRelatedCharges" id="ugp_AdjustmentsForIncreaseDecreaseInSalariesAndRelatedCharges" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="AdjustmentsForIncreaseDecreaseInCurrentTaxesPayable" id="ugp_AdjustmentsForIncreaseDecreaseInCurrentTaxesPayable" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="IncreaseDecreaseInNonCurrentAssetsAbstract" id="ugp_IncreaseDecreaseInNonCurrentAssetsAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="AdjustmentsForDecreaseIncreaseInNonCurrentTradeReceivablesAndResellerFinancing" id="ugp_AdjustmentsForDecreaseIncreaseInNonCurrentTradeReceivablesAndResellerFinancing" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="AdjustmentsForDecreaseIncreaseInNonCurrentRecoverableTaxes" id="ugp_AdjustmentsForDecreaseIncreaseInNonCurrentRecoverableTaxes" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="AdjustmentsForDecreaseIncreaseInNonCurrentEscrowDeposits" id="ugp_AdjustmentsForDecreaseIncreaseInNonCurrentEscrowDeposits" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="AdjustmentsForIncreaseDecreasePrepaidExpensesNoncurrent" id="ugp_AdjustmentsForIncreaseDecreasePrepaidExpensesNoncurrent" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="IncreaseDecreaseInNonCurrentLiabilitiesAbstract" id="ugp_IncreaseDecreaseInNonCurrentLiabilitiesAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="AdjustmentsForIncreaseDecreaseInPostEmploymentBenefitsNonCurrent" id="ugp_AdjustmentsForIncreaseDecreaseInPostEmploymentBenefitsNonCurrent" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="AdjustmentsForIncreaseDecreaseInProvisionForTaxCivilAndLaborRisksNoncurrent" id="ugp_AdjustmentsForIncreaseDecreaseInProvisionForTaxCivilAndLaborRisksNoncurrent" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="AdjustmentsForIncreaseDecreaseInAcquisitionOfDecarbonizationCredits" id="ugp_AdjustmentsForIncreaseDecreaseInAcquisitionOfDecarbonizationCredits" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="AdjustmentsForIncreaseDecreaseInNonCurrentPaymentsOfContractualAssetsWithCustomersExclusiveRights" id="ugp_AdjustmentsForIncreaseDecreaseInNonCurrentPaymentsOfContractualAssetsWithCustomersExclusiveRights" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="AdjustmentsForIncreaseDecreaseInPaymentsOfContingencies" id="ugp_AdjustmentsForIncreaseDecreaseInPaymentsOfContingencies" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="AdjustmentsForIncreaseDecreaseInIncomeAndSocialContributionTaxesPaidNoncurrent" id="ugp_AdjustmentsForIncreaseDecreaseInIncomeAndSocialContributionTaxesPaidNoncurrent" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="FinancialInvestmentsNetOfRedemptions" id="ugp_FinancialInvestmentsNetOfRedemptions" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="CapitalReductionInAssociatesClassifiedAsInvestingActivities" id="ugp_CapitalReductionInAssociatesClassifiedAsInvestingActivities" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="InitialDirectCostsOfRightToUseAssets" id="ugp_InitialDirectCostsOfRightToUseAssets" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="AdditionOnRightToUseAssetsAndLeasesPayable" id="ugp_AdditionOnRightToUseAssetsAndLeasesPayable" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="AdjustmentsForNonCashAdditionOnContractualAssetsWithCustomersExclusiveRights" id="ugp_AdjustmentsForNonCashAdditionOnContractualAssetsWithCustomersExclusiveRights" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="AdjustmentsForNonCashReversionFundPrivatePension" id="ugp_AdjustmentsForNonCashReversionFundPrivatePension" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="IssuanceOfSharesRelatedToSubscriptionWarrantsIndemnificationForBusinessCombination" id="ugp_IssuanceOfSharesRelatedToSubscriptionWarrantsIndemnificationForBusinessCombination" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="DisclosureOfOperationsAbstract" id="ugp_DisclosureOfOperationsAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="DisclosureOfOperationsExplanatory" id="ugp_DisclosureOfOperationsExplanatory" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="DisclosureOfPresentationOfFinancialStatementsAndSummaryOfSignificantAccountingPoliciesAbstract" id="ugp_DisclosureOfPresentationOfFinancialStatementsAndSummaryOfSignificantAccountingPoliciesAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="DisclosureOfPresentationOfFinancialStatementsAndSummaryOfSignificantAccountingPoliciesTextBlock" id="ugp_DisclosureOfPresentationOfFinancialStatementsAndSummaryOfSignificantAccountingPoliciesTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="DisclosureOfPrinciplesOfConsolidationAndInvestmentsInSubsidiariesAbstract" id="ugp_DisclosureOfPrinciplesOfConsolidationAndInvestmentsInSubsidiariesAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="DisclosureOfPrinciplesOfConsolidationAndInvestmentsInSubsidiariesTextBlock" id="ugp_DisclosureOfPrinciplesOfConsolidationAndInvestmentsInSubsidiariesTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="DisclosureOfCashAndCashEquivalentsAndFinancialInvestmentsAndHedgeDerivativeFinancialInstrumentsAbstract" id="ugp_DisclosureOfCashAndCashEquivalentsAndFinancialInvestmentsAndHedgeDerivativeFinancialInstrumentsAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="DisclosureOfCashAndCashEquivalentsAndFinancialInvestmentsAndHedgeDerivativeFinancialInstrumentsTextBlock" id="ugp_DisclosureOfCashAndCashEquivalentsAndFinancialInvestmentsAndHedgeDerivativeFinancialInstrumentsTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="DisclosureOfTaxesToRecoverAbstract" id="ugp_DisclosureOfTaxesToRecoverAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="DisclosureOfTaxesToRecoverExplanatory" id="ugp_DisclosureOfTaxesToRecoverExplanatory" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="DisclosureOfIncomeAndSocialContributionTaxesAbstract" id="ugp_DisclosureOfIncomeAndSocialContributionTaxesAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="DisclosureOfTaxPayablesAbstract" id="ugp_DisclosureOfTaxPayablesAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="DisclosureOfSalariesAndRelatedChargesExplanatory" id="ugp_DisclosureOfSalariesAndRelatedChargesExplanatory" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
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  <xsd:element name="DisclosureOfSubscriptionWarrantsIndemnificationAbstract" id="ugp_DisclosureOfSubscriptionWarrantsIndemnificationAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
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  <xsd:element name="DisclosureOfGainLossOnDisposalOfPropertyPlantAndEquipmentAndIntangiblesAndImpairmentAbstract" id="ugp_DisclosureOfGainLossOnDisposalOfPropertyPlantAndEquipmentAndIntangiblesAndImpairmentAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="DisclosureOfGainLossOnDisposalOfPropertyPlantAndEquipmentAndIntangiblesAndImpairmentTextBlock" id="ugp_DisclosureOfGainLossOnDisposalOfPropertyPlantAndEquipmentAndIntangiblesAndImpairmentTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="DisclosureOfOtherOperatingIncomeExpenseAbstract" id="ugp_DisclosureOfOtherOperatingIncomeExpenseAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="DisclosureOfFinanceIncomeExpenseAbstract" id="ugp_DisclosureOfFinanceIncomeExpenseAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="DescriptionOfAccountingPolicyForContractualAssetsWithCustomersExclusiveRightsTextBlock" id="ugp_DescriptionOfAccountingPolicyForContractualAssetsWithCustomersExclusiveRightsTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
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  <xsd:element name="DescriptionOfAccountingPolicyForOtherProvisionsExplanatory" id="ugp_DescriptionOfAccountingPolicyForOtherProvisionsExplanatory" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="DescriptionOfAccountingPolicyForOtherLiabilitiesExplanatory" id="ugp_DescriptionOfAccountingPolicyForOtherLiabilitiesExplanatory" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="DescriptionOfAccountingPolicyForBasisForTranslationOfFinancialStatementsExplanatory" id="ugp_DescriptionOfAccountingPolicyForBasisForTranslationOfFinancialStatementsExplanatory" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="DescriptionOfAccountingPolicyForUseOfEstimatesAssumptionsAndJudgmentsExplanatory" id="ugp_DescriptionOfAccountingPolicyForUseOfEstimatesAssumptionsAndJudgmentsExplanatory" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="DescriptionOfAccountingPolicyForPronouncementsIssuedByIfrsExplanatory" id="ugp_DescriptionOfAccountingPolicyForPronouncementsIssuedByIfrsExplanatory" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="DescriptionOfAccountingPolicyForAuthorizationForIssuanceOfFinancialStatementsExplanatory" id="ugp_DescriptionOfAccountingPolicyForAuthorizationForIssuanceOfFinancialStatementsExplanatory" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="SummaryOfForeignSubsidiariesTableTextBlock" id="ugp_SummaryOfForeignSubsidiariesTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="ScheduleOfFinancialInvestmentsAndHedgeDerivativeFinancialInstrumentsTableTextBlock" id="ugp_ScheduleOfFinancialInvestmentsAndHedgeDerivativeFinancialInstrumentsTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="ResellerFinancingIpirangaMember" id="ugp_ResellerFinancingIpirangaMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="DisclosureOfTradeReceivablesCompositionExplanatory" id="ugp_DisclosureOfTradeReceivablesCompositionExplanatory" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="DisclosureOfTradeReceivablesBreakdownExplanatory" id="ugp_DisclosureOfTradeReceivablesBreakdownExplanatory" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="DisclosureInBreakdownOfExpectedLossOnDoubtfulAccountsExplanatoryTextBlock" id="ugp_DisclosureInBreakdownOfExpectedLossOnDoubtfulAccountsExplanatoryTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
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  <xsd:element name="DisclosureOfBreakdownOfResellerFinancingGrossOfExpectedLossesOnDoubtfulAccountsExplanatoryTextBlock" id="ugp_DisclosureOfBreakdownOfResellerFinancingGrossOfExpectedLossesOnDoubtfulAccountsExplanatoryTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="DisclosureOfBreakdownOfExpectedLossesOnDoubtfulAccountsExplanatoryTextBlock" id="ugp_DisclosureOfBreakdownOfExpectedLossesOnDoubtfulAccountsExplanatoryTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="DisclosureOfInventoriesCompositionExplanatory" id="ugp_DisclosureOfInventoriesCompositionExplanatory" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="DisclosureOfProvisionForLossesExplanatory" id="ugp_DisclosureOfProvisionForLossesExplanatory" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
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  <xsd:element name="SummaryOfRecoverableTaxesTableTextBlock" id="ugp_SummaryOfRecoverableTaxesTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="DisclosureOfEstimatedRecoveryOfProgramOfSocialIntegrationAndContributionForFinancingOfSocialSecurityTableTextBlock" id="ugp_DisclosureOfEstimatedRecoveryOfProgramOfSocialIntegrationAndContributionForFinancingOfSocialSecurityTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesExplanatory" id="ugp_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesExplanatory" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="SummaryOfCompensationForKeyExecutivesTableTextBlock" id="ugp_SummaryOfCompensationForKeyExecutivesTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="ScheduleOfDeferredStockPlanSharesGrantedByDateTableTextBlock" id="ugp_ScheduleOfDeferredStockPlanSharesGrantedByDateTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="ScheduleOfChangesInDeferredStockPlanTableTextBlock" id="ugp_ScheduleOfChangesInDeferredStockPlanTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="ScheduleOfRestrictedAndPerformanceStockProgramsTableTextBlock" id="ugp_ScheduleOfRestrictedAndPerformanceStockProgramsTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="DisclosureOfSummarizedChangesOfNumberOfRestrictedAndPerformanceSharesGrantedExplanatory" id="ugp_DisclosureOfSummarizedChangesOfNumberOfRestrictedAndPerformanceSharesGrantedExplanatory" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="SummaryOfChangesInBalanceOfDeferredTaxesTableTextBlock" id="ugp_SummaryOfChangesInBalanceOfDeferredTaxesTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="SummaryOfDeferredTaxAssetRecoveryTableTextBlock" id="ugp_SummaryOfDeferredTaxAssetRecoveryTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="SummaryOfTaxReconciliationTableTextBlock" id="ugp_SummaryOfTaxReconciliationTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="SummaryOfTaxIncentivesTableTextBlock" id="ugp_SummaryOfTaxIncentivesTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="DisclosureOfDeferredIncomeAndSocialContributionTaxAssetsExplanatoryTextBlock" id="ugp_DisclosureOfDeferredIncomeAndSocialContributionTaxAssetsExplanatoryTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="DisclosureOfForeignSubsidiariesHaveTaxLossCarryforwardsTableTextBlock" id="ugp_DisclosureOfForeignSubsidiariesHaveTaxLossCarryforwardsTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="SummaryOfPrepaidExpensesTableTextBlock" id="ugp_SummaryOfPrepaidExpensesTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="DescriptionOfTransferToProvisionForShortTermLiabilitiesRelatedToJointVenturesTableTextBlock" id="ugp_DescriptionOfTransferToProvisionForShortTermLiabilitiesRelatedToJointVenturesTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="DisclosureOfAmortizationExpensesExplanatoryTableTextBlock" id="ugp_DisclosureOfAmortizationExpensesExplanatoryTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="DisclosureOfMaturityAnalysisOfWeightedAverageDiscountRatesForLeasePayableTableTextBlock" id="ugp_DisclosureOfMaturityAnalysisOfWeightedAverageDiscountRatesForLeasePayableTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="DisclosureOfLeasesContractOfLowAssetValueExplanatoryTableTextBlock" id="ugp_DisclosureOfLeasesContractOfLowAssetValueExplanatoryTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
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  <xsd:element name="SummaryOfChangesInLoansDebenturesAndFinanceLeasesTableTextBlock" id="ugp_SummaryOfChangesInLoansDebenturesAndFinanceLeasesTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="SummaryOfPrincipalMaturityScheduleTableTextBlock" id="ugp_SummaryOfPrincipalMaturityScheduleTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="SummaryOfForeignLoanMaturityTableTextBlock" id="ugp_SummaryOfForeignLoanMaturityTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
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  <xsd:element name="SummaryOfLoanAndDebentureMaturityTableTextBlock" id="ugp_SummaryOfLoanAndDebentureMaturityTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
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  <xsd:element name="SummaryOfLoanAndDebentureMaturityDistributionTableTextBlock" id="ugp_SummaryOfLoanAndDebentureMaturityDistributionTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="ScheduleOfNotesPayableTableTextBlock" id="ugp_ScheduleOfNotesPayableTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="SummaryOfTransactionCostsTextBlock" id="ugp_SummaryOfTransactionCostsTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="SummaryOfAppropriatedProfitOrLossInFutureTableTextBlock" id="ugp_SummaryOfAppropriatedProfitOrLossInFutureTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="SummaryOfTradePayablesTableTextBlock" id="ugp_SummaryOfTradePayablesTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="SummaryOfSalariesAndRelatedChargesTableTextBlock" id="ugp_SummaryOfSalariesAndRelatedChargesTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="SummaryOfTaxesPayableTableTextBlock" id="ugp_SummaryOfTaxesPayableTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="SummaryOfEmploymentBenefitExpenseTableTextBlock" id="ugp_SummaryOfEmploymentBenefitExpenseTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="SummaryOfSignificantActuarialAssumptionsAdoptedTableTextBlock" id="ugp_SummaryOfSignificantActuarialAssumptionsAdoptedTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="SummaryOfChangesInAssetRetirementObligationTableTextBlock" id="ugp_SummaryOfChangesInAssetRetirementObligationTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="SummaryOfBalancesOfEscrowDepositsTableTextBlock" id="ugp_SummaryOfBalancesOfEscrowDepositsTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="SummaryOfDeferredRevenueInSubsidiariesTableTextBlock" id="ugp_SummaryOfDeferredRevenueInSubsidiariesTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="DisclosureOfCumulativeTranslationAdjustmentsExplanatory" id="ugp_DisclosureOfCumulativeTranslationAdjustmentsExplanatory" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="DisclosureOfBalancesAndChangesInConsolidatedDividendsPayableExplanatory" id="ugp_DisclosureOfBalancesAndChangesInConsolidatedDividendsPayableExplanatory" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="SummaryOfDividendsAndAllocationOfNetIncomeTableTextBlock" id="ugp_SummaryOfDividendsAndAllocationOfNetIncomeTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="SummaryOfExpensesByNatureTableTextBlock" id="ugp_SummaryOfExpensesByNatureTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="SummaryOfOtherOperatingIncomeTableTextBlock" id="ugp_SummaryOfOtherOperatingIncomeTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="SummaryOfFinancialIncomeExpenseTableTextBlock" id="ugp_SummaryOfFinancialIncomeExpenseTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="DisclosureOfFinancialInformationOfSegmentsExplanatory" id="ugp_DisclosureOfFinancialInformationOfSegmentsExplanatory" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="DisclosureOfAssetReclassificationExplanatory" id="ugp_DisclosureOfAssetReclassificationExplanatory" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="DisclosureOfFixedAndIntangibleAssetsAbroadExplanatory" id="ugp_DisclosureOfFixedAndIntangibleAssetsAbroadExplanatory" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="SummaryOfAssetsAndLiabilitiesInForeignCurrenciesTableTextBlock" id="ugp_SummaryOfAssetsAndLiabilitiesInForeignCurrenciesTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="SummaryOfSensitivityAnalysisOfAssetsAndLiabilitiesInForeignCurrencyTableTextBlock" id="ugp_SummaryOfSensitivityAnalysisOfAssetsAndLiabilitiesInForeignCurrencyTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="SummaryOfSensitivityAnalysisOfFloatingInterestRateRiskTableTextBlock" id="ugp_SummaryOfSensitivityAnalysisOfFloatingInterestRateRiskTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="SummaryOfAllowanceForDoubtfulAccountsOnTradeReceivablesTableTextBlock" id="ugp_SummaryOfAllowanceForDoubtfulAccountsOnTradeReceivablesTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="DisclosureOfAllowanceForDoubtfulAccountsOnTradeReceivablesByGeographicAreaExplanatoryTextBlock" id="ugp_DisclosureOfAllowanceForDoubtfulAccountsOnTradeReceivablesByGeographicAreaExplanatoryTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="SummaryOfValueOfGainsLossesRecognizedTableTextBlock" id="ugp_SummaryOfValueOfGainsLossesRecognizedTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="ScheduleOfSensitivityAnalysisOfInterestRateHedgingInstrumentsTableTextBlock" id="ugp_ScheduleOfSensitivityAnalysisOfInterestRateHedgingInstrumentsTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="DisclosureOfVariationForDerivativeInstrumentsOfHedgingObjectExplanatoryTextBlock" id="ugp_DisclosureOfVariationForDerivativeInstrumentsOfHedgingObjectExplanatoryTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="SummaryOfContractsTableTextBlock" id="ugp_SummaryOfContractsTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="MinimumAnnualPurchasesTextBlock" id="ugp_MinimumAnnualPurchasesTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="SummaryOfInsuranceCoverageInSubsidiariesTableTextBlock" id="ugp_SummaryOfInsuranceCoverageInSubsidiariesTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="UltracargoMember" id="ugp_UltracargoMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="IpirangaMember" id="ugp_IpirangaMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="ExtrafarmaMember" id="ugp_ExtrafarmaMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="NumberOfBasicBaskets" id="ugp_NumberOfBasicBaskets" type="xbrli:integerItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="NumberOfPortTerminals" id="ugp_NumberOfPortTerminals" type="xbrli:integerItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="DecreasePercentageOfSalesVolume" id="ugp_DecreasePercentageOfSalesVolume" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="DecreasePercentageOfGeneralAdministrativeAndSalesExpenses" id="ugp_DecreasePercentageOfGeneralAdministrativeAndSalesExpenses" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="IncreasePercentageOfSalesVolume" id="ugp_IncreasePercentageOfSalesVolume" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="DecreasePercentageOfSales" id="ugp_DecreasePercentageOfSales" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="PromissoryNotesMember" id="ugp_PromissoryNotesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="BondsMaturingIn2029Member" id="ugp_BondsMaturingIn2029Member" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="IpirangaProdutosdePetroleoSAMember" id="ugp_IpirangaProdutosdePetroleoSAMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="BorrowingsMaturityPeriod" id="ugp_BorrowingsMaturityPeriod" type="xbrli:durationItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="DecreasePercentageOfInvestmentPlan" id="ugp_DecreasePercentageOfInvestmentPlan" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesTable" id="ugp_BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesTable" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="TaxesAxis" id="ugp_TaxesAxis" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="TaxesDomain" id="ugp_TaxesDomain" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="IRPJMember" id="ugp_IRPJMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="CSLLMember" id="ugp_CSLLMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesLineItems" id="ugp_BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesLineItems" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="TermsOfResellerFinancing" id="ugp_TermsOfResellerFinancing" type="xbrli:durationItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="ResellerFinancingRatePerMonth" id="ugp_ResellerFinancingRatePerMonth" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="IFRS16Member" id="ugp_IFRS16Member" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="DisclosureOfDifferenceBetweenTheLeaseObligationDisclosedUnderIasSeventeenToIfrsSixteenTable" id="ugp_DisclosureOfDifferenceBetweenTheLeaseObligationDisclosedUnderIasSeventeenToIfrsSixteenTable" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="DisclosureOfDifferenceBetweenTheLeaseObligationDisclosedUnderIasSeventeenToIfrs16LineItems" id="ugp_DisclosureOfDifferenceBetweenTheLeaseObligationDisclosedUnderIasSeventeenToIfrs16LineItems" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="OperatingLeaseCommitments" id="ugp_OperatingLeaseCommitments" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="DiscountedUsingTheIncrementalBorrowingRate" id="ugp_DiscountedUsingTheIncrementalBorrowingRate" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="FinanceLeasesLiabilities" id="ugp_FinanceLeasesLiabilities" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="LowvalueleasesNotRecognizedAsALiability" id="ugp_LowvalueleasesNotRecognizedAsALiability" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="ShortTermLeasesNotRecognizedAsALiability" id="ugp_ShortTermLeasesNotRecognizedAsALiability" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="ExtensionOptionsReasonablyCertainToBeExercised" id="ugp_ExtensionOptionsReasonablyCertainToBeExercised" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="OxitenoMexicoMember" id="ugp_OxitenoMexicoMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="OxitenoServiciosCorporativosMember" id="ugp_OxitenoServiciosCorporativosMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="OxitenoServiciosIndustrialesMember" id="ugp_OxitenoServiciosIndustrialesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="OxitenoUSAMember" id="ugp_OxitenoUSAMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="OxitenoUruguayMember" id="ugp_OxitenoUruguayMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="GeographicalAreas" id="ugp_GeographicalAreas" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="AmPmComestveisLtdaMember" id="ugp_AmPmComestveisLtdaMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="CentroDeConveninciasMillenniumLtdaMember" id="ugp_CentroDeConveninciasMillenniumLtdaMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="IcorbanCorrespondenteBancarioLtdaMember" id="ugp_IcorbanCorrespondenteBancarioLtdaMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="IpirangaTradingLimitedMember" id="ugp_IpirangaTradingLimitedMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="TropicalTransportesIpirangaLtdaMember" id="ugp_TropicalTransportesIpirangaLtdaMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="IpirangaImobiliriaLtdaMember" id="ugp_IpirangaImobiliriaLtdaMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="IpirangaLogsticaLtdaMember" id="ugp_IpirangaLogsticaLtdaMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="OilTradingImportadoraExportadoraLtdaMember" id="ugp_OilTradingImportadoraExportadoraLtdaMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="IconicLubrificantesSAMember" id="ugp_IconicLubrificantesSAMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="IntegraFrotasLtdaMember" id="ugp_IntegraFrotasLtdaMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="CompanhiaUltragazMember" id="ugp_CompanhiaUltragazMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="UltragazComercialLtdaMember" id="ugp_UltragazComercialLtdaMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="NovaParanaDistribuidoraDeGasLtdaMember" id="ugp_NovaParanaDistribuidoraDeGasLtdaMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="UtingasArmazenadoraMember" id="ugp_UtingasArmazenadoraMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="BahianaDistribuidoraDeGasLtdaMember" id="ugp_BahianaDistribuidoraDeGasLtdaMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="LPGInternationalIncMember" id="ugp_LPGInternationalIncMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="ImavenImoveisLtdaMember" id="ugp_ImavenImoveisLtdaMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="ImifarmaProdutosFarmaceuticosCosmeticosMember" id="ugp_ImifarmaProdutosFarmaceuticosCosmeticosMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="UVCInvestimentosLtdaMember" id="ugp_UVCInvestimentosLtdaMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="CentrodeConvenienciasMillenniumLtdaAndSubsidiariesMember" id="ugp_CentrodeConvenienciasMillenniumLtdaAndSubsidiariesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="OxitenoIndustriaComercioMember" id="ugp_OxitenoIndustriaComercioMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="OxitenoNordesteSAIndustriaeComercioMember" id="ugp_OxitenoNordesteSAIndustriaeComercioMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="OxitenoArgentinaSociedadDeResponsabilidadLtdaMember" id="ugp_OxitenoArgentinaSociedadDeResponsabilidadLtdaMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="OleoqumicaIndustriaeComrcioDeProdutosQumicosLtdaMember" id="ugp_OleoqumicaIndustriaeComrcioDeProdutosQumicosLtdaMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="OxitenoUruguaySAMember" id="ugp_OxitenoUruguaySAMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="OxitenoMexicoSADeCVMember" id="ugp_OxitenoMexicoSADeCVMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="OxitenoServiciosCorporativosSADeCVMember" id="ugp_OxitenoServiciosCorporativosSADeCVMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="OxitenoServiciosIndustrialsDeCVMember" id="ugp_OxitenoServiciosIndustrialsDeCVMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="OxitenoUSALLCMember" id="ugp_OxitenoUSALLCMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="GlobalPetroleumProductsTradingCorporationMember" id="ugp_GlobalPetroleumProductsTradingCorporationMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="OxitenoAndinaCAMember" id="ugp_OxitenoAndinaCAMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="OxitenoEuropeSprlMember" id="ugp_OxitenoEuropeSprlMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="OxitenoColombiaSASMember" id="ugp_OxitenoColombiaSASMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="OxitenoShanghaiLtdMember" id="ugp_OxitenoShanghaiLtdMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="EmpresaCariocaDeProdutosQuimicosSAMember" id="ugp_EmpresaCariocaDeProdutosQuimicosSAMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="UltracargoOperacoesLogisticasParticipacoesLtdaMember" id="ugp_UltracargoOperacoesLogisticasParticipacoesLtdaMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="TerminalQuimicoDeAratuSATequimarMember" id="ugp_TerminalQuimicoDeAratuSATequimarMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="TEASTerminalExportadorDeAlcoolDeSantosLtdaMember" id="ugp_TEASTerminalExportadorDeAlcoolDeSantosLtdaMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="TequimarVilaDoCondeLogsticaPorturiaSaMember" id="ugp_TequimarVilaDoCondeLogsticaPorturiaSaMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="UltraparInternationalSAMember" id="ugp_UltraparInternationalSAMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="SermaAssDosUsuariosEquipProcDeDadosMember" id="ugp_SermaAssDosUsuariosEquipProcDeDadosMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="UVCFundoDeInvestimentoEmParticipacoesMultiestrategiaInvestimenToNoExteriorMember" id="ugp_UVCFundoDeInvestimentoEmParticipacoesMultiestrategiaInvestimenToNoExteriorMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="EaiClubeAutomobilistaSAMember" id="ugp_EaiClubeAutomobilistaSAMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="BusinessSegment" id="ugp_BusinessSegment" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="DirectControlInterestPercentage" id="ugp_DirectControlInterestPercentage" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="IndirectControlInterestPercentage" id="ugp_IndirectControlInterestPercentage" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="CashCashEquivalentsAndFinancialInvestments" id="ugp_CashCashEquivalentsAndFinancialInvestments" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="CashAndBankDepositsInLocalCurrency" id="ugp_CashAndBankDepositsInLocalCurrency" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="CashAndBankDepositsInForeignCurrency" id="ugp_CashAndBankDepositsInForeignCurrency" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="FinancialInvestmentsConsideredCashEquivalentsInLocalCurrency" id="ugp_FinancialInvestmentsConsideredCashEquivalentsInLocalCurrency" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="FinancialInvestmentsConsideredCashEquivalentsInForeignCurrency" id="ugp_FinancialInvestmentsConsideredCashEquivalentsInForeignCurrency" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="FinancialInvestmentsInLocalCurrency" id="ugp_FinancialInvestmentsInLocalCurrency" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="FinancialInvestmentsInForeignCurrency" id="ugp_FinancialInvestmentsInForeignCurrency" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="CurencyAndInterestRateHedgingInstruments" id="ugp_CurencyAndInterestRateHedgingInstruments" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="FinancialInvestments" id="ugp_FinancialInvestments" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="FinancialInvestmentsCurrent" id="ugp_FinancialInvestmentsCurrent" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="FinancialInvestmentsNoncurrent" id="ugp_FinancialInvestmentsNoncurrent" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="TradeReceivablesAxis" id="ugp_TradeReceivablesAxis" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="TradeReceivablesDomain" id="ugp_TradeReceivablesDomain" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="DomesticCustomersMember" id="ugp_DomesticCustomersMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="ForeignCustomersMember" id="ugp_ForeignCustomersMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="SummaryOfTradeReceivablesLineItems" id="ugp_SummaryOfTradeReceivablesLineItems" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="TradeReceivablesGross" id="ugp_TradeReceivablesGross" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="TradeReceivablesDueFromRelatedPartiesGross" id="ugp_TradeReceivablesDueFromRelatedPartiesGross" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="ResellerFinancingGross" id="ugp_ResellerFinancingGross" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="ResellerFinancing" id="ugp_ResellerFinancing" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="ClassesOfInventoriesTable" id="ugp_ClassesOfInventoriesTable" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="InventoriesAxis" id="ugp_InventoriesAxis" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="InventoriesDomain" id="ugp_InventoriesDomain" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="FuelsLubricantsAndGreasesMember" id="ugp_FuelsLubricantsAndGreasesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="FinishedGoodsMember" id="ugp_FinishedGoodsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="WorkInProcessMember" id="ugp_WorkInProcessMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="RawMaterialsMember" id="ugp_RawMaterialsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="LiquifiedPetroleumGasMember" id="ugp_LiquifiedPetroleumGasMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="ConsumableMaterialsAndOtherItemsForResaleMember" id="ugp_ConsumableMaterialsAndOtherItemsForResaleMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="PharmaceuticalHygieneBeautyProductsMember" id="ugp_PharmaceuticalHygieneBeautyProductsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="PurchaseForFutureDeliveryMember" id="ugp_PurchaseForFutureDeliveryMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="PropertiesForResaleMember" id="ugp_PropertiesForResaleMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
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  <xsd:element name="PisAndCofinsMember" id="ugp_PisAndCofinsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="ValueAddedTaxIvaOfForeignSubsidiariesMember" id="ugp_ValueAddedTaxIvaOfForeignSubsidiariesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="OtherTaxesReceivableMember" id="ugp_OtherTaxesReceivableMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
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  <xsd:element name="DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesTable" id="ugp_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesTable" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="IrpjandcsllMember" id="ugp_IrpjandcsllMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
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  <xsd:element name="SubsidiariesGroupThreeMember" id="ugp_SubsidiariesGroupThreeMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="SubsidiariesGroupFourMember" id="ugp_SubsidiariesGroupFourMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
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  <xsd:element name="RealizationOfTaxCreditPeriod" id="ugp_RealizationOfTaxCreditPeriod" type="xbrli:durationItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="ProfitLossOnProvisionForTaxCivilAndLaborRisks" id="ugp_ProfitLossOnProvisionForTaxCivilAndLaborRisks" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="QuimicaDaBahiaIndustriaEcomercioMember" id="ugp_QuimicaDaBahiaIndustriaEcomercioMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
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  <xsd:element name="OxicapIndustriaDeGasesMember" id="ugp_OxicapIndustriaDeGasesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="RefinariaDePetroleoRigrandenseMember" id="ugp_RefinariaDePetroleoRigrandenseMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="ConectCarSolucoesDeMobilidadeEletronicaMember" id="ugp_ConectCarSolucoesDeMobilidadeEletronicaMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="LA7ParticipaesEEmpreendImobLtdaMember" id="ugp_LA7ParticipaesEEmpreendImobLtdaMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="ChevronThailandLimitedMember" id="ugp_ChevronThailandLimitedMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="ChevronBrasilOleosBasicosLtdaMember" id="ugp_ChevronBrasilOleosBasicosLtdaMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="ChevronLatinAmericaMarketingLlcMember" id="ugp_ChevronLatinAmericaMarketingLlcMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="ChevronLubricantsLankaPlcMember" id="ugp_ChevronLubricantsLankaPlcMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="ChevronLubricantsOilsSAMember" id="ugp_ChevronLubricantsOilsSAMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="ChevronMarineProductsMember" id="ugp_ChevronMarineProductsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="ChevronOroniteBrasilLtdaMember" id="ugp_ChevronOroniteBrasilLtdaMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
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  <xsd:element name="ChevronBelgiumNvMember" id="ugp_ChevronBelgiumNvMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="ChevronPetroleumCoColombiaMember" id="ugp_ChevronPetroleumCoColombiaMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
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  <xsd:element name="NumberOfDrugstoresUnderRentalContracts" id="ugp_NumberOfDrugstoresUnderRentalContracts" type="xbrli:integerItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="SharebasedPaymentPlanNameAxis" id="ugp_SharebasedPaymentPlanNameAxis" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="SharebasedPaymentPlanNameDomain" id="ugp_SharebasedPaymentPlanNameDomain" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="DeferredStockUnitPlanMember" id="ugp_DeferredStockUnitPlanMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="ProvisionForExpectedLossesOnAccountsReceivableOrGuarantees" id="ugp_ProvisionForExpectedLossesOnAccountsReceivableOrGuarantees" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="DeferredShareUnitsVestingPeriod" id="ugp_DeferredShareUnitsVestingPeriod" type="xbrli:durationItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="AmortizationRecognizedAsGeneralAndAdministrativeExpense" id="ugp_AmortizationRecognizedAsGeneralAndAdministrativeExpense" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="PeriodOfTransfterOfOwnershipShares" id="ugp_PeriodOfTransfterOfOwnershipShares" type="xbrli:durationItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="ParticipationPercentageOfShareCapital" id="ugp_ParticipationPercentageOfShareCapital" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
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  <xsd:element name="SharebasedPaymentGrantsCostsIncludingTaxes" id="ugp_SharebasedPaymentGrantsCostsIncludingTaxes" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="RestrictedAndPerformanceStockMember" id="ugp_RestrictedAndPerformanceStockMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
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  <xsd:element name="GrantDateSeptember22019Member" id="ugp_GrantDateSeptember22019Member" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
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  <xsd:element name="GrantDateSeptember162020Member" id="ugp_GrantDateSeptember162020Member" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="GrantCostsIncludingTaxes" id="ugp_GrantCostsIncludingTaxes" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="AccumulatedRecognizedGrantCostsRelatedParties" id="ugp_AccumulatedRecognizedGrantCostsRelatedParties" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
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  <xsd:element name="GrossSharesGrantDateApril12020Member" id="ugp_GrossSharesGrantDateApril12020Member" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="NumberOfInstrumentsOtherEquityInstrumentsCancellationOfPerformanceSharesDueToTerminationOfExecutiveEmployment" id="ugp_NumberOfInstrumentsOtherEquityInstrumentsCancellationOfPerformanceSharesDueToTerminationOfExecutiveEmployment" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="DeferredIncomeAndSocialContributionTaxAssetsAbstract" id="ugp_DeferredIncomeAndSocialContributionTaxAssetsAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="DeferredIncomeAndSocialContributionTaxesProvisionForImpairmentOfAssets" id="ugp_DeferredIncomeAndSocialContributionTaxesProvisionForImpairmentOfAssets" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="DeferredIncomeAndSocialContributionTaxesProvisionsFortaxCivilAndLaborRisks" id="ugp_DeferredIncomeAndSocialContributionTaxesProvisionsFortaxCivilAndLaborRisks" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="DeferredIncomeAndSocialContributionTaxesProvisionForPostEmploymentBenefits" id="ugp_DeferredIncomeAndSocialContributionTaxesProvisionForPostEmploymentBenefits" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="DeferredIncomeAndSocialContributionTaxesProvisionForDifferencesBetweenCashAndAccrualBasisAssets" id="ugp_DeferredIncomeAndSocialContributionTaxesProvisionForDifferencesBetweenCashAndAccrualBasisAssets" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="DeferredincomeAndSocialContributionTaxesGoodwill" id="ugp_DeferredincomeAndSocialContributionTaxesGoodwill" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="DeferredIncomeAndSocialContributionTaxesBusinessCombinationFiscalBasisAccountingBasisOfGoodwill" id="ugp_DeferredIncomeAndSocialContributionTaxesBusinessCombinationFiscalBasisAccountingBasisOfGoodwill" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="DeferredIncomeAndSocialContributionTaxesProvisionForAssetRetirementObligation" id="ugp_DeferredIncomeAndSocialContributionTaxesProvisionForAssetRetirementObligation" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="DeferredIncomeAndSocialContributionTaxesProvisionForSuppliers" id="ugp_DeferredIncomeAndSocialContributionTaxesProvisionForSuppliers" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="DeferredIncomeAndSocialContributionTaxesProvisionForProfitSharingAndBonus" id="ugp_DeferredIncomeAndSocialContributionTaxesProvisionForProfitSharingAndBonus" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="DeferredIncomeAndSocialContributionTaxesLeasesPayable" id="ugp_DeferredIncomeAndSocialContributionTaxesLeasesPayable" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="DeferredIncomeAndSocialContributionTaxesChangeInFairValueOfSubscriptionWarrants" id="ugp_DeferredIncomeAndSocialContributionTaxesChangeInFairValueOfSubscriptionWarrants" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="DeferredIncomeAndSocialContributionTaxesProvisionForDeferredRevenue" id="ugp_DeferredIncomeAndSocialContributionTaxesProvisionForDeferredRevenue" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="DeferredIncomeAndSocialContributionTaxesOtherProvisions" id="ugp_DeferredIncomeAndSocialContributionTaxesOtherProvisions" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="DeferredIncomeAndSocialContributionTaxesTaxLossesAndNegativeBasisForSocialContributionCarryforwards" id="ugp_DeferredIncomeAndSocialContributionTaxesTaxLossesAndNegativeBasisForSocialContributionCarryforwards" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="DeferredIncomeAndSocialContributionTaxAssets" id="ugp_DeferredIncomeAndSocialContributionTaxAssets" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="DeferredIncomeAndSocialContributioTaxesOffsetLiabilitiesBalance" id="ugp_DeferredIncomeAndSocialContributioTaxesOffsetLiabilitiesBalance" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="DeferredIncomeAndSocialContributionTaxLiabilitiesAbstract" id="ugp_DeferredIncomeAndSocialContributionTaxLiabilitiesAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="DeferredIncomeAndSocialContributionTaxesRevaluationOfPropertyPlantAndEquipment" id="ugp_DeferredIncomeAndSocialContributionTaxesRevaluationOfPropertyPlantAndEquipment" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="DeferredIncomeAndSocialContributionTaxesLease" id="ugp_DeferredIncomeAndSocialContributionTaxesLease" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="DeferredIncomeAndSocialContributionTaxesProvisionForDifferencesBetweenCashAndAccrualBasisLiabilities" id="ugp_DeferredIncomeAndSocialContributionTaxesProvisionForDifferencesBetweenCashAndAccrualBasisLiabilities" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="DeferredIncomeAndSocialContributionTaxesProvisionForPostemploymentBenefitsProvisionForGoodwillAndNegativeGoodwill" id="ugp_DeferredIncomeAndSocialContributionTaxesProvisionForPostemploymentBenefitsProvisionForGoodwillAndNegativeGoodwill" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="DeferredIncomeAndSocialContributionTaxesProvisionForPostemploymentBenefitsBusinessCombinationFairValueOfAssets" id="ugp_DeferredIncomeAndSocialContributionTaxesProvisionForPostemploymentBenefitsBusinessCombinationFairValueOfAssets" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="DeferredIncomeAndSocialContributionTaxesOtherProvisionsLiabilities" id="ugp_DeferredIncomeAndSocialContributionTaxesOtherProvisionsLiabilities" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
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  <xsd:element name="DeferredIncomeAndSocialContributionTaxesOffsetAssetsBalance" id="ugp_DeferredIncomeAndSocialContributionTaxesOffsetAssetsBalance" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
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  <xsd:element name="SummaryOfIncomeAndSocialContributionTaxesLineItems" id="ugp_SummaryOfIncomeAndSocialContributionTaxesLineItems" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="TaxEffectOfAdjustmentToEstimatedIncome" id="ugp_TaxEffectOfAdjustmentToEstimatedIncome" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="TaxEffectOfUnrecordedDeferredIncomeAndSocialContributionTaxesCarryforwardsDeferred" id="ugp_TaxEffectOfUnrecordedDeferredIncomeAndSocialContributionTaxesCarryforwardsDeferred" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
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  <xsd:element name="JuazeiroBaseMember" id="ugp_JuazeiroBaseMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="AracajuBaseMember" id="ugp_AracajuBaseMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="SuapeBaseMember" id="ugp_SuapeBaseMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
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  <xsd:element name="AratuTerminalMember" id="ugp_AratuTerminalMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="ItaquiTerminalMember" id="ugp_ItaquiTerminalMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
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  <xsd:element name="ExpirationYear" id="ugp_ExpirationYear" type="xbrli:gYearItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="OxitenoSaMember" id="ugp_OxitenoSaMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="UltraparMember" id="ugp_UltraparMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="IconicMember" id="ugp_IconicMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
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  <xsd:element name="TequimarVilaDoCondeMember" id="ugp_TequimarVilaDoCondeMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="UVCInvestimentosMember" id="ugp_UVCInvestimentosMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="MillenniumMember" id="ugp_MillenniumMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="UltraparInternationalMember" id="ugp_UltraparInternationalMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="IntegraFrotasMember" id="ugp_IntegraFrotasMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
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  <xsd:element name="OffshoreMember" id="ugp_OffshoreMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
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  <xsd:element name="PrepaidDeferredStockPlanExpense" id="ugp_PrepaidDeferredStockPlanExpense" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
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  <xsd:element name="PrepaidSoftwareMaintenanceExpense" id="ugp_PrepaidSoftwareMaintenanceExpense" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
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  <xsd:element name="PrepaidContributionOfPrivatePensionFundExpense" id="ugp_PrepaidContributionOfPrivatePensionFundExpense" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
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  <xsd:element name="RPRMember" id="ugp_RPRMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="ConnectCarMember" id="ugp_ConnectCarMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="LatitudeLogsticaMember" id="ugp_LatitudeLogsticaMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
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  <xsd:element name="NordesteLogsticaIIMember" id="ugp_NordesteLogsticaIIMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
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  <xsd:element name="NumberOfSharesOrUnitsHeld" id="ugp_NumberOfSharesOrUnitsHeld" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="TransportadoraSulbrasileiraDeGasMember" id="ugp_TransportadoraSulbrasileiraDeGasMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
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  <xsd:element name="PlenogasDistribuidoraDeGasMember" id="ugp_PlenogasDistribuidoraDeGasMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
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  <xsd:element name="PortAreaMember" id="ugp_PortAreaMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
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  <xsd:element name="CostOfProductsAndServicesSoldMember" id="ugp_CostOfProductsAndServicesSoldMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="SellingAndMarketingExpensesMember" id="ugp_SellingAndMarketingExpensesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
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  <xsd:element name="UndiscountedOperatingLeasePaymentsToBePaidForContractsOfLowAmountAssets" id="ugp_UndiscountedOperatingLeasePaymentsToBePaidForContractsOfLowAmountAssets" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
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  <xsd:element name="ITEquipmentMember" id="ugp_ITEquipmentMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
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  <xsd:element name="RepsolMember" id="ugp_RepsolMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
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  <xsd:element name="RealGrowthRate" id="ugp_RealGrowthRate" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
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  <xsd:element name="Loan4Member" id="ugp_Loan4Member" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="Loan5Member" id="ugp_Loan5Member" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="Loan6Member" id="ugp_Loan6Member" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="Loan7Member" id="ugp_Loan7Member" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="Loan8Member" id="ugp_Loan8Member" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="Loan9Member" id="ugp_Loan9Member" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="Loan10Member" id="ugp_Loan10Member" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="Loan11Member" id="ugp_Loan11Member" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="Loan12Member" id="ugp_Loan12Member" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="Loan13Member" id="ugp_Loan13Member" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="Loan14Member" id="ugp_Loan14Member" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="Loan15Member" id="ugp_Loan15Member" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="Loan16Member" id="ugp_Loan16Member" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="Loan17Member" id="ugp_Loan17Member" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="Loan18Member" id="ugp_Loan18Member" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="Loan19Member" id="ugp_Loan19Member" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="Loan20Member" id="ugp_Loan20Member" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="Loan21Member" id="ugp_Loan21Member" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="Loan22Member" id="ugp_Loan22Member" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="Loan23Member" id="ugp_Loan23Member" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="Loan24Member" id="ugp_Loan24Member" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="Loan25Member" id="ugp_Loan25Member" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="LoanDescription" id="ugp_LoanDescription" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="ForeignCurrencyDenominatedLoans" id="ugp_ForeignCurrencyDenominatedLoans" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="BrazilianRealDenominatedLoans" id="ugp_BrazilianRealDenominatedLoans" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="LoanIndexCurrency" id="ugp_LoanIndexCurrency" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="LoanDebt" id="ugp_LoanDebt" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="CurrentDebt" id="ugp_CurrentDebt" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="NoncurrentDebt" id="ugp_NoncurrentDebt" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="DebentureAxis" id="ugp_DebentureAxis" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="DebentureDomain" id="ugp_DebentureDomain" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="DebentureTwoMember" id="ugp_DebentureTwoMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="DebentureFiveMember" id="ugp_DebentureFiveMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="DebentureEightMember" id="ugp_DebentureEightMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="ForeignLoansMember" id="ugp_ForeignLoansMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="RestrictedAssetsMember" id="ugp_RestrictedAssetsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="BondsIssuePriceInPercentage" id="ugp_BondsIssuePriceInPercentage" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="ValueOfAssetsPercentage" id="ugp_ValueOfAssetsPercentage" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="DebenturePaymentOfFaceValueDescription" id="ugp_DebenturePaymentOfFaceValueDescription" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="DebenturePaymentOfInterestDescription" id="ugp_DebenturePaymentOfInterestDescription" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="DebentureReprice" id="ugp_DebentureReprice" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="GuaranteesDebtors" id="ugp_GuaranteesDebtors" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="CollateralAssetsLettersOfCreditOrGuarantees" id="ugp_CollateralAssetsLettersOfCreditOrGuarantees" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="DebentureOneMember" id="ugp_DebentureOneMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="DebentureThreeMember" id="ugp_DebentureThreeMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="DebentureFourMember" id="ugp_DebentureFourMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="DebentureSixMember" id="ugp_DebentureSixMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="DebentureSevenMember" id="ugp_DebentureSevenMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="DebentureNineMember" id="ugp_DebentureNineMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="DebentureTenMember" id="ugp_DebentureTenMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="DebenturesFirstIssueMember" id="ugp_DebenturesFirstIssueMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="DebenturesFourthIssueMember" id="ugp_DebenturesFourthIssueMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="DebenturesFifthIssueMember" id="ugp_DebenturesFifthIssueMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="DebenturesSixthIssueMember" id="ugp_DebenturesSixthIssueMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="DebenturesSeventhIssueMember" id="ugp_DebenturesSeventhIssueMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="DebenturesEighthIssueMember" id="ugp_DebenturesEighthIssueMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="NumberOfDebenturesDistributedThroughPublicOffer" id="ugp_NumberOfDebenturesDistributedThroughPublicOffer" type="xbrli:decimalItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="NumberOfDebenturesIssued" id="ugp_NumberOfDebenturesIssued" type="xbrli:integerItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="AdditionsLoansAndDebenturesWithCashEffect" id="ugp_AdditionsLoansAndDebenturesWithCashEffect" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="LoandsAndDebenturesInterestAccrued" id="ugp_LoandsAndDebenturesInterestAccrued" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="PrincipalPaymentAndFinancialLeases" id="ugp_PrincipalPaymentAndFinancialLeases" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="LoansAndDebenturesInterestPayment" id="ugp_LoansAndDebenturesInterestPayment" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="LoansAndDebenturesMonetaryAndExchangeRateVariation" id="ugp_LoansAndDebenturesMonetaryAndExchangeRateVariation" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="LoansAndDeBenturesChangeInFairValue" id="ugp_LoansAndDeBenturesChangeInFairValue" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="ForeignLoanAxis" id="ugp_ForeignLoanAxis" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="ForeignLoanDomain" id="ugp_ForeignLoanDomain" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="ChargesMember" id="ugp_ChargesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="ForeignLoanOneMember" id="ugp_ForeignLoanOneMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="ForeignLoanTwoMember" id="ugp_ForeignLoanTwoMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="ForeignLoanThreeMember" id="ugp_ForeignLoanThreeMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="ForeignLoanFourMember" id="ugp_ForeignLoanFourMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="MaturitySixMember" id="ugp_MaturitySixMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="MaturitySevenMember" id="ugp_MaturitySevenMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="UnsecuredNotesPayableNotConvertibleIntoSharesMember" id="ugp_UnsecuredNotesPayableNotConvertibleIntoSharesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt6thApril2021Member" id="ugp_UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt6thApril2021Member" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt3rdApril2021Member" id="ugp_UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt3rdApril2021Member" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="NumberOfDebtInstrumentsIssued" id="ugp_NumberOfDebtInstrumentsIssued" type="xbrli:integerItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="DescriptionOfPaymentOfFaceValueOfBorrowings" id="ugp_DescriptionOfPaymentOfFaceValueOfBorrowings" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="DescriptionOfPaymentOfInterestOfBorrowings" id="ugp_DescriptionOfPaymentOfInterestOfBorrowings" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="DescriptionOfBorrowingsReprice" id="ugp_DescriptionOfBorrowingsReprice" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="DebenturesMember" id="ugp_DebenturesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="NotesInForeignMarketMember" id="ugp_NotesInForeignMarketMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="BancoDoBrasilMember" id="ugp_BancoDoBrasilMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="OtherTransactionCostsMember" id="ugp_OtherTransactionCostsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="EffectiveRateOfTransactionCosts" id="ugp_EffectiveRateOfTransactionCosts" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="TransactionCostsFinancialInstruments" id="ugp_TransactionCostsFinancialInstruments" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="IncurredTransactionCost" id="ugp_IncurredTransactionCost" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="TransactionCostAmortization" id="ugp_TransactionCostAmortization" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="AmountAppropriatedToProfitOrLossInFuture" id="ugp_AmountAppropriatedToProfitOrLossInFuture" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="OxitenoMember" id="ugp_OxitenoMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="MaximumPotentialAmountOfFuturePaymentsOnGuarantees" id="ugp_MaximumPotentialAmountOfFuturePaymentsOnGuarantees" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="CollateralFuturePaymentsMaturityPeriod" id="ugp_CollateralFuturePaymentsMaturityPeriod" type="xbrli:durationItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="GuaranteeLiabilities" id="ugp_GuaranteeLiabilities" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="DisclosureOfPayablesTable" id="ugp_DisclosureOfPayablesTable" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="TradePayablesAxis" id="ugp_TradePayablesAxis" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="TradePayablesDomain" id="ugp_TradePayablesDomain" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="DomesticSuppliersMember" id="ugp_DomesticSuppliersMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="DomesticSuppliersReverseFactoringMember" id="ugp_DomesticSuppliersReverseFactoringMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="ForeignSuppliersMember" id="ugp_ForeignSuppliersMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="ForeignSuppliersReverseFactoringMember" id="ugp_ForeignSuppliersReverseFactoringMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="SummaryOfTradePayablesLineItems" id="ugp_SummaryOfTradePayablesLineItems" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="ShortTermEmployeeBenefitsAccrualsForProvisionsOnSalaries" id="ugp_ShortTermEmployeeBenefitsAccrualsForProvisionsOnSalaries" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="ShortTermEmployeeBenefitsAccrualsForProfitSharingBonusAndPremium" id="ugp_ShortTermEmployeeBenefitsAccrualsForProfitSharingBonusAndPremium" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="ShortTermEmployeeBenefitsAccrualsForSocialCharges" id="ugp_ShortTermEmployeeBenefitsAccrualsForSocialCharges" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="ShortTermEmployeeBenefitsAccrualsForOtherCharges" id="ugp_ShortTermEmployeeBenefitsAccrualsForOtherCharges" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="DisclosureOfTaxesPayableTable" id="ugp_DisclosureOfTaxesPayableTable" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="ISSMember" id="ugp_ISSMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="OtherTaxesPayableMember" id="ugp_OtherTaxesPayableMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="DisclosureOfTaxesPayableLineItems" id="ugp_DisclosureOfTaxesPayableLineItems" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="MaximumMatchingContributionInProportionToEmployeeGrossSalaryPercentage" id="ugp_MaximumMatchingContributionInProportionToEmployeeGrossSalaryPercentage" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="AccumulatedFundPercentage" id="ugp_AccumulatedFundPercentage" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="FixedAccumulatedFundPeriod" id="ugp_FixedAccumulatedFundPeriod" type="xbrli:durationItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="DefinedContributionPensionPlanReversionFund" id="ugp_DefinedContributionPensionPlanReversionFund" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="NumberOfActiveParticipatingEmployees" id="ugp_NumberOfActiveParticipatingEmployees" type="xbrli:integerItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="NumberOfRetiredParticipatingEmployees" id="ugp_NumberOfRetiredParticipatingEmployees" type="xbrli:integerItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="NumberOfFormerEmployeesReceivingBenefits" id="ugp_NumberOfFormerEmployeesReceivingBenefits" type="xbrli:integerItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="HealthAndDentalCareMember" id="ugp_HealthAndDentalCareMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="IndemnificationOfFGTSMember" id="ugp_IndemnificationOfFGTSMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="SeniorityBonusMember" id="ugp_SeniorityBonusMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="LifeInsuranceMember" id="ugp_LifeInsuranceMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="EmployeeBenefitsExchangeRateFromForeignSubsidiaries" id="ugp_EmployeeBenefitsExchangeRateFromForeignSubsidiaries" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="ProvisionForAssetRetirementObligationMember" id="ugp_ProvisionForAssetRetirementObligationMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="IrpjAndCsllMember" id="ugp_IrpjAndCsllMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="CivilEnvironmentalAndRegulatoryClaimsMember" id="ugp_CivilEnvironmentalAndRegulatoryClaimsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="LaborLitigationMember" id="ugp_LaborLitigationMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="TaxMattersMember" id="ugp_TaxMattersMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="CiaUltragazAndBahianaMember" id="ugp_CiaUltragazAndBahianaMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="ThreeEmployeesAndOneFormerEmployeeMember" id="ugp_ThreeEmployeesAndOneFormerEmployeeMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="TwoFormerEmployeesEachMember" id="ugp_TwoFormerEmployeesEachMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="ChevronAndSubsidiaryIPPMember" id="ugp_ChevronAndSubsidiaryIPPMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="SubsidiaryIPPMember" id="ugp_SubsidiaryIPPMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="FisheriesManagementProjectMember" id="ugp_FisheriesManagementProjectMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="EscrowDepositsMadeUnderPreLiminaryInjunction" id="ugp_EscrowDepositsMadeUnderPreLiminaryInjunction" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="ProvisionsForLawsuitsAndAdministrativeProceedings" id="ugp_ProvisionsForLawsuitsAndAdministrativeProceedings" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="ProvisionsForLaborLitigationFiledByFormerEmployees" id="ugp_ProvisionsForLaborLitigationFiledByFormerEmployees" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="PossibleContingency" id="ugp_PossibleContingency" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="PercentageOfPossibleLossContingency" id="ugp_PercentageOfPossibleLossContingency" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="ContingentLiabilitiesForTaxMattersAndSocialSecurity" id="ugp_ContingentLiabilitiesForTaxMattersAndSocialSecurity" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="IpiContingency" id="ugp_IpiContingency" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="LegalProceedingsRelatedToIcms" id="ugp_LegalProceedingsRelatedToIcms" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="IcmsCredits" id="ugp_IcmsCredits" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="ReversalOfICMSCredits" id="ugp_ReversalOfICMSCredits" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="ReversalOfAllegedNonpayment" id="ugp_ReversalOfAllegedNonpayment" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="ReversalOfInventoryDifferences" id="ugp_ReversalOfInventoryDifferences" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="ReversalOfConditionedFruitionOfFiscalIncentive" id="ugp_ReversalOfConditionedFruitionOfFiscalIncentive" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="OffsetClaimsAndCreditDisallowances" id="ugp_OffsetClaimsAndCreditDisallowances" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="AmortizationOfGoodwillPaidOnAcquisitionOfSubsidiary" id="ugp_AmortizationOfGoodwillPaidOnAcquisitionOfSubsidiary" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="ContingentLiabilitiesForCivilEnvironmentalAndRegulatoryClaims" id="ugp_ContingentLiabilitiesForCivilEnvironmentalAndRegulatoryClaims" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="NumberOfLawsuitsFiledForCivilEnvironmentalAndRegulatoryClaims" id="ugp_NumberOfLawsuitsFiledForCivilEnvironmentalAndRegulatoryClaims" type="xbrli:integerItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="PenaltyOnUltragaz" id="ugp_PenaltyOnUltragaz" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="ContingentLiabilitiesNotRecognizedToLawsuit" id="ugp_ContingentLiabilitiesNotRecognizedToLawsuit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="ContingentLiabilitiesForLaborMatters" id="ugp_ContingentLiabilitiesForLaborMatters" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="NumberOfLawsuitsFiledForLaborMatters" id="ugp_NumberOfLawsuitsFiledForLaborMatters" type="xbrli:integerItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="PenaltyOnAdministrativeProceedings" id="ugp_PenaltyOnAdministrativeProceedings" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="CompensationSuitAgainstDamages" id="ugp_CompensationSuitAgainstDamages" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="CompensationPaidToParty" id="ugp_CompensationPaidToParty" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="DisclosureOfDeferredRevenueTable" id="ugp_DisclosureOfDeferredRevenueTable" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="DeferredRevenueAxis" id="ugp_DeferredRevenueAxis" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="DeferredRevenueDomain" id="ugp_DeferredRevenueDomain" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="FranchisingUpfrontFeeMember" id="ugp_FranchisingUpfrontFeeMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="LoyaltyProgramOneMember" id="ugp_LoyaltyProgramOneMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="LoyaltyProgramTwoMember" id="ugp_LoyaltyProgramTwoMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="SummaryOfDeferredRevenueLineItems" id="ugp_SummaryOfDeferredRevenueLineItems" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="AmPmMember" id="ugp_AmPmMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="JetOilMember" id="ugp_JetOilMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="NumberOfStores1" id="ugp_NumberOfStores1" type="xbrli:integerItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="instant" />
  <xsd:element name="SubscriptionWarrantsSharesIssued" id="ugp_SubscriptionWarrantsSharesIssued" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="MaximumNumberOfSharesToBeIssuedSubscriptionWarrants" id="ugp_MaximumNumberOfSharesToBeIssuedSubscriptionWarrants" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="NumberOfSharesCanceledAndNotIssuedWhichLinkedToSubscriptionWarrantsIndemnification" id="ugp_NumberOfSharesCanceledAndNotIssuedWhichLinkedToSubscriptionWarrantsIndemnification" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="SubscriptionWarrantsShares" id="ugp_SubscriptionWarrantsShares" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="instant" />
  <xsd:element name="MaximumNumberOfSharesAvailableForIssueSubscriptionWarrants" id="ugp_MaximumNumberOfSharesAvailableForIssueSubscriptionWarrants" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="SubscriptionWarrants" id="ugp_SubscriptionWarrants" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="ExerciseOfWarrantsRightsOutstanding" id="ugp_ExerciseOfWarrantsRightsOutstanding" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="instant" />
  <xsd:element name="NumberOfSharesOutstandingAbroadInFormOfAmericanDepositaryReceipts" id="ugp_NumberOfSharesOutstandingAbroadInFormOfAmericanDepositaryReceipts" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="instant" />
  <xsd:element name="NoncontrollingShareholdersInterestChangeMember" id="ugp_NoncontrollingShareholdersInterestChangeMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="AllocationToLegalReserves" id="ugp_AllocationToLegalReserves" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="AdjustedNetIncomeBasisForDividends" id="ugp_AdjustedNetIncomeBasisForDividends" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="MinimumMandatoryDividends" id="ugp_MinimumMandatoryDividends" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="AllocationOfNetIncomeToInvestmentsStatutoryReserve" id="ugp_AllocationOfNetIncomeToInvestmentsStatutoryReserve" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="AllocationOfNetIncome" id="ugp_AllocationOfNetIncome" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="AllocationOfDividendsAbstract" id="ugp_AllocationOfDividendsAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="LegalReserveAsPercentageOfNetIncome" id="ugp_LegalReserveAsPercentageOfNetIncome" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="StatutoryReserveAsPercentageOfNetIncome" id="ugp_StatutoryReserveAsPercentageOfNetIncome" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="instant" />
  <xsd:element name="FreightAndStorageExpense" id="ugp_FreightAndStorageExpense" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="AdvertisingAndMarketingExpense" id="ugp_AdvertisingAndMarketingExpense" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="FinancialInvestmentsInterest" id="ugp_FinancialInvestmentsInterest" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="ChangesInSubscriptionWarrantsIncome" id="ugp_ChangesInSubscriptionWarrantsIncome" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="SelicInterestOnPISAndCOFINSCredits" id="ugp_SelicInterestOnPISAndCOFINSCredits" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="FinanceLeasesInterest" id="ugp_FinanceLeasesInterest" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="ExchangeVariationNetOfGainsAndLossesDerivativeInstruments" id="ugp_ExchangeVariationNetOfGainsAndLossesDerivativeInstruments" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="ChangesInSubscriptionWarrants" id="ugp_ChangesInSubscriptionWarrants" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="UltragazMember" id="ugp_UltragazMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="AdditionsPropertyPlantAndEquipmentAndIntangibleAssets" id="ugp_AdditionsPropertyPlantAndEquipmentAndIntangibleAssets" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="OtherLatinAmericanCountriesMember" id="ugp_OtherLatinAmericanCountriesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="UnitedStatesOfAmericaAndCanadaMember" id="ugp_UnitedStatesOfAmericaAndCanadaMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="OtherRegionsMember" id="ugp_OtherRegionsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="CashCashEquivalentsAndFinancialInvestmentsInForeignCurrencyExceptHedgingInstruments" id="ugp_CashCashEquivalentsAndFinancialInvestmentsInForeignCurrencyExceptHedgingInstruments" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="ForeignTradeReceivablesNetOfAllowanceForDoubtfulAccountsAndAdvancesToForeignCustomers" id="ugp_ForeignTradeReceivablesNetOfAllowanceForDoubtfulAccountsAndAdvancesToForeignCustomers" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="OtherNetAssetsInForeignExceptCashCashEquivalentsFinancialInvestmentsTradeReceivablesFinancingAndPayables" id="ugp_OtherNetAssetsInForeignExceptCashCashEquivalentsFinancialInvestmentsTradeReceivablesFinancingAndPayables" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="AssetsInForeignCurrency" id="ugp_AssetsInForeignCurrency" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="LiabilitiesInForeignCurrencyAbstract" id="ugp_LiabilitiesInForeignCurrencyAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="FinancingInForeignCurrency" id="ugp_FinancingInForeignCurrency" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="PayablesArisingFromImports" id="ugp_PayablesArisingFromImports" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="LiabilitiesInForeignCurrency" id="ugp_LiabilitiesInForeignCurrency" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="ForeignCurrencyHedgingInstruments" id="ugp_ForeignCurrencyHedgingInstruments" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="NetAssetLiabilityPositionTotal" id="ugp_NetAssetLiabilityPositionTotal" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="NetAssetLiabilityPositionIncomeStatementEffect" id="ugp_NetAssetLiabilityPositionIncomeStatementEffect" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="NetAssetLiabilityPositionShareholdersEquityEffect" id="ugp_NetAssetLiabilityPositionShareholdersEquityEffect" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="ScenarioAxis" id="ugp_ScenarioAxis" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="ScenarioDomain" id="ugp_ScenarioDomain" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="ScenarioMember" id="ugp_ScenarioMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="Scenario2Member" id="ugp_Scenario2Member" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="Scenario3Member" id="ugp_Scenario3Member" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="FloatingInterestRate" id="ugp_FloatingInterestRate" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="NumberOfCustomersAccountedForMoreThanTenPercentOfRevenue" id="ugp_NumberOfCustomersAccountedForMoreThanTenPercentOfRevenue" type="xbrli:decimalItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="EstimatedInvestmentsForNextFiscalYear" id="ugp_EstimatedInvestmentsForNextFiscalYear" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="CashCashEquivalentsAndShortTermFinancialInvestments" id="ugp_CashCashEquivalentsAndShortTermFinancialInvestments" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="CashFlowHedgeUnrealizedGainLossOfOtherComprehensiveIncomeNetRelatedToNotesInForeignMarket" id="ugp_CashFlowHedgeUnrealizedGainLossOfOtherComprehensiveIncomeNetRelatedToNotesInForeignMarket" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="NotionalAmountOfForeignExchangeHedgingInstrumentsForHighlyProbableFutureTransactionsDesignatedAsCashFlowHedgeRelatedToNotesInForeignMarket" id="ugp_NotionalAmountOfForeignExchangeHedgingInstrumentsForHighlyProbableFutureTransactionsDesignatedAsCashFlowHedgeRelatedToNotesInForeignMarket" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="CashFlowHedgeUnrealizedLossOfOtherComprehensiveIncomeNetRelatedToFutureSalesRevenues" id="ugp_CashFlowHedgeUnrealizedLossOfOtherComprehensiveIncomeNetRelatedToFutureSalesRevenues" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="ForeignExchangeHedgingInstrumentsDesignatedAsNetInvestmentsHedgeInForeignEntities" id="ugp_ForeignExchangeHedgingInstrumentsDesignatedAsNetInvestmentsHedgeInForeignEntities" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="ExchangeRatePerShareForLastMaturityOfForeignExchangeHedgingInstruments" id="ugp_ExchangeRatePerShareForLastMaturityOfForeignExchangeHedgingInstruments" type="num:perShareItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="instant" />
  <xsd:element name="IncomeStatementEffectIncrease" id="ugp_IncomeStatementEffectIncrease" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="IncomeStatementEffectincreaseShareholdersEquityDecreaseNetEffect" id="ugp_IncomeStatementEffectincreaseShareholdersEquityDecreaseNetEffect" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="IncomeStatementEffectDecrease" id="ugp_IncomeStatementEffectDecrease" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="IncomeStatementEffectDecreaseShareHoldersEquityIncreaseNetEffect" id="ugp_IncomeStatementEffectDecreaseShareHoldersEquityIncreaseNetEffect" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="DiMember" id="ugp_DiMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="TJLPMember" id="ugp_TJLPMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="LIBORMember" id="ugp_LIBORMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="SelicMember" id="ugp_SelicMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="BalanceSheetPositionAxis" id="ugp_BalanceSheetPositionAxis" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="BalanceSheetPositionDomain" id="ugp_BalanceSheetPositionDomain" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="CashEquivalentMember" id="ugp_CashEquivalentMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="FinancialInvestmentsMember" id="ugp_FinancialInvestmentsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="AssetPositionOfForeignExchangeHedgingInstrumentsMember" id="ugp_AssetPositionOfForeignExchangeHedgingInstrumentsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="LoansAndDebenturesMember" id="ugp_LoansAndDebenturesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="LiabilityPositionOfForeignExchangeHedgingInstrumentsMember" id="ugp_LiabilityPositionOfForeignExchangeHedgingInstrumentsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="LiabilityPositionOfHedgingInstrumentsPreFixedMember" id="ugp_LiabilityPositionOfHedgingInstrumentsPreFixedMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="LoanPayablesMember" id="ugp_LoanPayablesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="NetAssetsLiabilitiesPositionExposedToFloatingInterestRates" id="ugp_NetAssetsLiabilitiesPositionExposedToFloatingInterestRates" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="ExposureOfInterestRateRiskAbstract" id="ugp_ExposureOfInterestRateRiskAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="InterestEffectOnCashEquivalentsAndFinancialInvestments" id="ugp_InterestEffectOnCashEquivalentsAndFinancialInvestments" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="ForeignExchangeHedgingInstrumentsAssetsInterestEffect" id="ugp_ForeignExchangeHedgingInstrumentsAssetsInterestEffect" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="InterestRateHedgingInstrumentsLiabilitiesInterestEffect" id="ugp_InterestRateHedgingInstrumentsLiabilitiesInterestEffect" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="IncrementalExpenses" id="ugp_IncrementalExpenses" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="AAAMember" id="ugp_AAAMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="AAMember" id="ugp_AAMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="AMember" id="ugp_AMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables" id="ugp_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="TradeAndOtherReceivablesGross" id="ugp_TradeAndOtherReceivablesGross" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="HeatingOilOneMember" id="ugp_HeatingOilOneMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="RBOBMember" id="ugp_RBOBMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="TermMember" id="ugp_TermMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="DerivativeNonmonetaryNotionalAmountVolumeOne" id="ugp_DerivativeNonmonetaryNotionalAmountVolumeOne" type="xbrli:integerItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="LoansIncludingFutureContractualInterest" id="ugp_LoansIncludingFutureContractualInterest" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="CurrencyAndInterestRateHedgingInstruments" id="ugp_CurrencyAndInterestRateHedgingInstruments" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="TwentyTwentyOneMember" id="ugp_TwentyTwentyOneMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="TwentyTwentyTwoMember" id="ugp_TwentyTwentyTwoMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="TwentyTwentyThreeMember" id="ugp_TwentyTwentyThreeMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="TwentyTwentyFourMember" id="ugp_TwentyTwentyFourMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="TwentyTwentyFiveMember" id="ugp_TwentyTwentyFiveMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="EmpreendimentosPagueMenosSAMember" id="ugp_EmpreendimentosPagueMenosSAMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="DiRate" id="ugp_DiRate" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="TJLPRate" id="ugp_TJLPRate" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="IPCARate" id="ugp_IPCARate" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="DesignatedAsHedgeAccountingMember" id="ugp_DesignatedAsHedgeAccountingMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="NotDesignatedAsHedgeAccountingMember" id="ugp_NotDesignatedAsHedgeAccountingMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="ForeignExchangeSwapMember" id="ugp_ForeignExchangeSwapMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="ForeignExchangeSwapOneMember" id="ugp_ForeignExchangeSwapOneMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="ForeignExchangeSwapTwoMember" id="ugp_ForeignExchangeSwapTwoMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="ForeignExchangeSwapThreeMember" id="ugp_ForeignExchangeSwapThreeMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="InterestRateSwapContractOneMember" id="ugp_InterestRateSwapContractOneMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="ZeroCostCollarMember" id="ugp_ZeroCostCollarMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="NdfMember" id="ugp_NdfMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="AssetsInterestRateBasis" id="ugp_AssetsInterestRateBasis" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="LiabilitiesInterestRateBasis" id="ugp_LiabilitiesInterestRateBasis" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="ForeignExchangeHedgingInstrumentsMember" id="ugp_ForeignExchangeHedgingInstrumentsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="InterestRateHedgingInstrumentsMember" id="ugp_InterestRateHedgingInstrumentsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="GainLossRelatedToFairValueAdjustmentOfDebt" id="ugp_GainLossRelatedToFairValueAdjustmentOfDebt" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="PercentageOfAverageEffectiveCost" id="ugp_PercentageOfAverageEffectiveCost" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="GainLossRelatedToFairValueAdjustmentOfInventories" id="ugp_GainLossRelatedToFairValueAdjustmentOfInventories" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="ProfitOrLossMember" id="ugp_ProfitOrLossMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="HedgingInstrumentEquityMember" id="ugp_HedgingInstrumentEquityMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="HedgingInstrumentRatesAxis" id="ugp_HedgingInstrumentRatesAxis" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="HedgingInstrumentRatesDomain" id="ugp_HedgingInstrumentRatesDomain" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="ExchangeRateSwapReceivableInUSDollarsAndCommoditiesMember" id="ugp_ExchangeRateSwapReceivableInUSDollarsAndCommoditiesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="ExchangeRateDerivatesPayableInUSDollarsMember" id="ugp_ExchangeRateDerivatesPayableInUSDollarsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="InterestRateSwapsBrlMember" id="ugp_InterestRateSwapsBrlMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="NonDerivativeFinancialInstrumentsMember" id="ugp_NonDerivativeFinancialInstrumentsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="CashAndBankDepositsMember" id="ugp_CashAndBankDepositsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="FinancialInvestmentsLocalCurrencyMember" id="ugp_FinancialInvestmentsLocalCurrencyMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="FinancialInvestmentsForeignCurrencyMember" id="ugp_FinancialInvestmentsForeignCurrencyMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="FixedIncomeSecuritiesLocalCurrency1Member" id="ugp_FixedIncomeSecuritiesLocalCurrency1Member" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="FixedIncomeSecuritiesLocalCurrency2Member" id="ugp_FixedIncomeSecuritiesLocalCurrency2Member" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="FixedIncomeSecuritiesLocalCurrency3Member" id="ugp_FixedIncomeSecuritiesLocalCurrency3Member" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="FixedIncomeSecuritiesForeignCurrencyMember" id="ugp_FixedIncomeSecuritiesForeignCurrencyMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="CurrencyInterestRateHedgingInstrumentsMember" id="ugp_CurrencyInterestRateHedgingInstrumentsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="ResellerFinancingMember" id="ugp_ResellerFinancingMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="Financing1Member" id="ugp_Financing1Member" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="Financing2Member" id="ugp_Financing2Member" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="Debentures1Member" id="ugp_Debentures1Member" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="CommoditiesCurrencyAndInterestRateHedgingInstrumentsMember" id="ugp_CommoditiesCurrencyAndInterestRateHedgingInstrumentsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="TradePayableMember" id="ugp_TradePayableMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="SubscriptionWarrantsIndemnificationMember" id="ugp_SubscriptionWarrantsIndemnificationMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="CategoryOfFinancialAssetsAndLiabilities" id="ugp_CategoryOfFinancialAssetsAndLiabilities" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="CurrencySwapsReceivableInUSDollarsAbstract" id="ugp_CurrencySwapsReceivableInUSDollarsAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="USDollarToRealSwaps" id="ugp_USDollarToRealSwaps" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="DebtsFirmCommitmentsInDollars" id="ugp_DebtsFirmCommitmentsInDollars" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="USDollarToRealSwapsNetEffect" id="ugp_USDollarToRealSwapsNetEffect" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="CurrencySwapsPayableInUSDollarsAbstract" id="ugp_CurrencySwapsPayableInUSDollarsAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="RealToUsDollarSwaps" id="ugp_RealToUsDollarSwaps" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="GrossMarginOfOxitenoIpirangaSwapPayable" id="ugp_GrossMarginOfOxitenoIpirangaSwapPayable" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="RealToUsDollarSwapsNetEffect" id="ugp_RealToUsDollarSwapsNetEffect" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="InterestRateSwapInBrazilianReaisDebenturesCRAAbstract" id="ugp_InterestRateSwapInBrazilianReaisDebenturesCRAAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="FixedRateSwapDI" id="ugp_FixedRateSwapDI" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="FixedRateDebt" id="ugp_FixedRateDebt" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="FixedRateSwapNetEffect" id="ugp_FixedRateSwapNetEffect" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="CommitmentsTable" id="ugp_CommitmentsTable" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="CargoContractOneMember" id="ugp_CargoContractOneMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="CargoContractTwoMember" id="ugp_CargoContractTwoMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="CargoContractThreeMember" id="ugp_CargoContractThreeMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="CargoContractFourMember" id="ugp_CargoContractFourMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="CargoContractFiveMember" id="ugp_CargoContractFiveMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="SummaryOfContractCommitmentsLineItems" id="ugp_SummaryOfContractCommitmentsLineItems" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="CargoPort" id="ugp_CargoPort" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="MinimumCargoMovementPerYear" id="ugp_MinimumCargoMovementPerYear" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="CargoAgreementMaturity" id="ugp_CargoAgreementMaturity" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="DisclosureOfCommitmentsAndContingenciesTable" id="ugp_DisclosureOfCommitmentsAndContingenciesTable" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="ThirdPartiesMember" id="ugp_ThirdPartiesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="DirectorsAndOfficersMember" id="ugp_DirectorsAndOfficersMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="AratuMember" id="ugp_AratuMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="SuapeMember" id="ugp_SuapeMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="ItaquiMember" id="ugp_ItaquiMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="AreaPortLeaseMember" id="ugp_AreaPortLeaseMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="IpirangaProdutosDepetroleoSaAndUltracargoMember" id="ugp_IpirangaProdutosDepetroleoSaAndUltracargoMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="EntitiesByLocationAxis" id="ugp_EntitiesByLocationAxis" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="EntitiesByLocationDomain" id="ugp_EntitiesByLocationDomain" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="ParaibaMember" id="ugp_ParaibaMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="EspiritoSantoMember" id="ugp_EspiritoSantoMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="TerminalAxis" id="ugp_TerminalAxis" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="Terminal1Member" id="ugp_Terminal1Member" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="PortOfCabedeloMember" id="ugp_PortOfCabedeloMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="PortOfVitoriaMember" id="ugp_PortOfVitoriaMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="AreaBel02AMember" id="ugp_AreaBel02AMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="AreaBel04aMember" id="ugp_AreaBel04aMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="AreaVdc12Member" id="ugp_AreaVdc12Member" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="DisclosureOfCommitmentsAndContingenciesLineItems" id="ugp_DisclosureOfCommitmentsAndContingenciesLineItems" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="CargoRatesPerTon" id="ugp_CargoRatesPerTon" type="xbrli:decimalItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="instant" />
  <xsd:element name="PercentageOfConsortiumOwned" id="ugp_PercentageOfConsortiumOwned" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="MinimumPortStorageCapacity" id="ugp_MinimumPortStorageCapacity" type="num:volumeItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="PeriodOfConcession" id="ugp_PeriodOfConcession" type="xbrli:durationItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="DescriptionOfPortConcessions" id="ugp_DescriptionOfPortConcessions" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
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  <xsd:element name="EstimatedInvestmentsToPortConcessions" id="ugp_EstimatedInvestmentsToPortConcessions" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="MinimumAnnualPurchaseOfCamacari" id="ugp_MinimumAnnualPurchaseOfCamacari" type="xbrli:integerItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="MinimumAnnualPurchaseOfMaua" id="ugp_MinimumAnnualPurchaseOfMaua" type="xbrli:integerItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="PeriodOfMaturityOfCommitmentOfCamacari" id="ugp_PeriodOfMaturityOfCommitmentOfCamacari" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="PeriodOfMaturityOfCommitmentOfMaua" id="ugp_PeriodOfMaturityOfCommitmentOfMaua" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="DebenturesSecondIssueMember" id="ugp_DebenturesSecondIssueMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="EstimatedInvestmentsDisbursementPeriod" id="ugp_EstimatedInvestmentsDisbursementPeriod" type="xbrli:durationItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="InvestmentPlan" id="ugp_InvestmentPlan" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="BalanceOfForeignExchangeHedgingInstrumentsDesignatedAsNetInvestmentsHedgeInForeignEntities" id="ugp_BalanceOfForeignExchangeHedgingInstrumentsDesignatedAsNetInvestmentsHedgeInForeignEntities" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="MaturityOfForeignExchangeHedgingInstruments" id="ugp_MaturityOfForeignExchangeHedgingInstruments" type="num:perShareItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="instant" />
  <xsd:element name="GrantDateApril72021Member" id="ugp_GrantDateApril72021Member" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="GrantDateSeptember222021Member" id="ugp_GrantDateSeptember222021Member" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="UltracargoLogisticaSAMember" id="ugp_UltracargoLogisticaSAMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="DiscontinuedOperationsAbstract" id="ugp_DiscontinuedOperationsAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="AdjustmentsForCurrentTaxExpense" id="ugp_AdjustmentsForCurrentTaxExpense" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="AdjustmentsForIncreaseDecreaseInNonCurrentDeferredRevenue" id="ugp_AdjustmentsForIncreaseDecreaseInNonCurrentDeferredRevenue" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="InterestPaidForBorrowingsClassifiedAsFinancingActivities" id="ugp_InterestPaidForBorrowingsClassifiedAsFinancingActivities" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="BorrowingsClassifiedAsFinancingActivitiesAbstract" id="ugp_BorrowingsClassifiedAsFinancingActivitiesAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivitiesAbstract" id="ugp_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivitiesAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="InterestPaidForLeaseLiabilitiesClassifiedAsFinancingActivities" id="ugp_InterestPaidForLeaseLiabilitiesClassifiedAsFinancingActivities" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="EffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations" id="ugp_EffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="NonCashTransactionsAbstract" id="ugp_NonCashTransactionsAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="AreaIqi13Member" id="ugp_AreaIqi13Member" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="NumberOfPortConcessions" id="ugp_NumberOfPortConcessions" type="xbrli:integerItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="MinimumLeasePeriodOfPortConcession" id="ugp_MinimumLeasePeriodOfPortConcession" type="xbrli:durationItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="CashFlowHedgedItemAssets" id="ugp_CashFlowHedgedItemAssets" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="CashFlowHedgedItemLiabilities" id="ugp_CashFlowHedgedItemLiabilities" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="NetInvestmentHedgedItemAssets" id="ugp_NetInvestmentHedgedItemAssets" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="NetInvestmentHedgedItemLiabilities" id="ugp_NetInvestmentHedgedItemLiabilities" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="TreasurySharesAveragePrice" id="ugp_TreasurySharesAveragePrice" type="num:perShareItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="RetentionOfProfitsAndInvestmentsReserve" id="ugp_RetentionOfProfitsAndInvestmentsReserve" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="OtherOperatingIncomeAbstract" id="ugp_OtherOperatingIncomeAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="CommercialPartnershipsIncome" id="ugp_CommercialPartnershipsIncome" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="MerchandisingIncome" id="ugp_MerchandisingIncome" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="ExtraordinaryTaxCreditsIncome" id="ugp_ExtraordinaryTaxCreditsIncome" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="RevenueFromMiscellaneousServices" id="ugp_RevenueFromMiscellaneousServices" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="ContractualFineAndGasVoucherIncome" id="ugp_ContractualFineAndGasVoucherIncome" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="OtherOperatingExpenseAbstract" id="ugp_OtherOperatingExpenseAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="TaxExpensesOnOtherOperatingIncome" id="ugp_TaxExpensesOnOtherOperatingIncome" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="ExpensesFromFinesForTaxInfractions" id="ugp_ExpensesFromFinesForTaxInfractions" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="ExpensesFromDecarbonizationObligation" id="ugp_ExpensesFromDecarbonizationObligation" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="ClassifiedByFunctionAbstract" id="ugp_ClassifiedByFunctionAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="PrescribedDividendsRecognised" id="ugp_PrescribedDividendsRecognised" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="ReclassificationToLiabilitiesOfSubsidiariesHeldForSale" id="ugp_ReclassificationToLiabilitiesOfSubsidiariesHeldForSale" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="ThresholdPercentageOfShareCapitalForLegalReserveAllocation" id="ugp_ThresholdPercentageOfShareCapitalForLegalReserveAllocation" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="LegalReserves" id="ugp_LegalReserves" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="ThresholdPercentageOfShareCapitalForInvestmentsReserveAllocation" id="ugp_ThresholdPercentageOfShareCapitalForInvestmentsReserveAllocation" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="WeightedAverageNumberOfOrdinarySharesUsedInCalculatingBasicEarningsPerShareDiscontinuedOperations" id="ugp_WeightedAverageNumberOfOrdinarySharesUsedInCalculatingBasicEarningsPerShareDiscontinuedOperations" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="WeightedAverageNumberOfOrdinarySharesUsedInCalculatingDilutedEarningsPerShareContinuingOperations" id="ugp_WeightedAverageNumberOfOrdinarySharesUsedInCalculatingDilutedEarningsPerShareContinuingOperations" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="WeightedAverageNumberOfOrdinarySharesUsedInCalculatingDilutedEarningsPerShareDiscontinuedOperations" id="ugp_WeightedAverageNumberOfOrdinarySharesUsedInCalculatingDilutedEarningsPerShareDiscontinuedOperations" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="instant" />
  <xsd:element name="TaxOnIndustrializedProductsMember" id="ugp_TaxOnIndustrializedProductsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="DefinedContributionPensionPlanReversionFundReclassifiedToAssetsHeldForSale" id="ugp_DefinedContributionPensionPlanReversionFundReclassifiedToAssetsHeldForSale" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="ContributionsToPlanByEmployerPortionOfReversionFund" id="ugp_ContributionsToPlanByEmployerPortionOfReversionFund" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="DemographicAssumptionPercentageOfReasonablyPossibleDecreaseInMortalityTableForOtherBenefits" id="ugp_DemographicAssumptionPercentageOfReasonablyPossibleDecreaseInMortalityTableForOtherBenefits" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="NumberOfStoresWhichHaveNotYetMetPerformanceRequirements" id="ugp_NumberOfStoresWhichHaveNotYetMetPerformanceRequirements" type="xbrli:integerItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="instant" />
  <xsd:element name="ExchangePeriodOfLoyaltyProgramPointsForCustomers" id="ugp_ExchangePeriodOfLoyaltyProgramPointsForCustomers" type="xbrli:durationItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="DeferredRevenueReclassifiedToALiabilityHeldForSale" id="ugp_DeferredRevenueReclassifiedToALiabilityHeldForSale" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="PostEmploymentBenefitExpenseInProfitOrLossFromContinuingOperationsDefinedBenefitPlans" id="ugp_PostEmploymentBenefitExpenseInProfitOrLossFromContinuingOperationsDefinedBenefitPlans" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="PostEmploymentBenefitExpenseInProfitOrLossFromDiscontinuedOperationsDefinedBenefitPlans" id="ugp_PostEmploymentBenefitExpenseInProfitOrLossFromDiscontinuedOperationsDefinedBenefitPlans" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="DecreaseInNetDefinedBenefitLiabilityResultingFromReclassificationToLiabilitiesHeldForSale" id="ugp_DecreaseInNetDefinedBenefitLiabilityResultingFromReclassificationToLiabilitiesHeldForSale" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="FruitionTaxExpensesBenefitsRelatedToFiscalEquilibriumFund" id="ugp_FruitionTaxExpensesBenefitsRelatedToFiscalEquilibriumFund" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="SurchargeRateOnNonEssentialProducts" id="ugp_SurchargeRateOnNonEssentialProducts" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="SurchargeOnNonEssentialProducts" id="ugp_SurchargeOnNonEssentialProducts" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="NumberOfFinesReceived" id="ugp_NumberOfFinesReceived" type="xbrli:integerItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="PaymentsForIcmsTaxAssessment" id="ugp_PaymentsForIcmsTaxAssessment" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="ContingentLiabilitiesForTaxAssessmentsOnSales" id="ugp_ContingentLiabilitiesForTaxAssessmentsOnSales" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="DecreaseThroughClassifiedAsHeldForSaleLoansAndBorrowings" id="ugp_DecreaseThroughClassifiedAsHeldForSaleLoansAndBorrowings" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="MaturityOneMember" id="ugp_MaturityOneMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="MaturityTwoMember" id="ugp_MaturityTwoMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="MaturityThreeMember" id="ugp_MaturityThreeMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="MaturityFourMember" id="ugp_MaturityFourMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="MaturityFiveMember" id="ugp_MaturityFiveMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="MaturityEightMember" id="ugp_MaturityEightMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="MaturityNineMember" id="ugp_MaturityNineMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="MaturityTenMember" id="ugp_MaturityTenMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="MaturityElevenMember" id="ugp_MaturityElevenMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="DecreaseThroughClassifiedAsHeldForSaleAccumulatedTransactionCosts" id="ugp_DecreaseThroughClassifiedAsHeldForSaleAccumulatedTransactionCosts" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="FaceValuePerDebtInstrument" id="ugp_FaceValuePerDebtInstrument" type="num:perShareItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="instant" />
  <xsd:element name="NumberOfDebentureSeriesIssued" id="ugp_NumberOfDebentureSeriesIssued" type="xbrli:integerItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="instant" />
  <xsd:element name="IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures" id="ugp_IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="IncreaseDecreaseThroughActuarialGainLossOfPostEmploymentBenefitsInvestmentsInJointVentures" id="ugp_IncreaseDecreaseThroughActuarialGainLossOfPostEmploymentBenefitsInvestmentsInJointVentures" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="IncreaseDecreaseThroughChangesOfInvestmentsFromShareholderTransactionInvestmentsInJointVentures" id="ugp_IncreaseDecreaseThroughChangesOfInvestmentsFromShareholderTransactionInvestmentsInJointVentures" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="DecreaseThroughDispositionOfInvestmentInJointVentures" id="ugp_DecreaseThroughDispositionOfInvestmentInJointVentures" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures" id="ugp_IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="DecreaseThroughClassifiedAsHeldForSaleInvestmentsInAssociates" id="ugp_DecreaseThroughClassifiedAsHeldForSaleInvestmentsInAssociates" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="RedecardSAMember" id="ugp_RedecardSAMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="SaleValueOfJointVenture" id="ugp_SaleValueOfJointVenture" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets" id="ugp_DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="IncreaseDecreaseThroughInitialDirectCostsRightOfUseAssets" id="ugp_IncreaseDecreaseThroughInitialDirectCostsRightOfUseAssets" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="DisclosureOfLeaseLiabilitiesTable" id="ugp_DisclosureOfLeaseLiabilitiesTable" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="DisclosureOfLeaseLiabilitiesLineItems" id="ugp_DisclosureOfLeaseLiabilitiesLineItems" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="IncreaseDecreaseThroughAssignmentOfContractLeaseLiabilities" id="ugp_IncreaseDecreaseThroughAssignmentOfContractLeaseLiabilities" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="DecreaseThroughClassifiedAsHeldForSaleLeaseLiabilities" id="ugp_DecreaseThroughClassifiedAsHeldForSaleLeaseLiabilities" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="DeferredTaxExpenseIncomeRecognisedInProfitOrLossFromDiscontinuedOperations" id="ugp_DeferredTaxExpenseIncomeRecognisedInProfitOrLossFromDiscontinuedOperations" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="DecreaseThroughClassifiedAsHeldForSaleDeferredTaxLiabilityAsset" id="ugp_DecreaseThroughClassifiedAsHeldForSaleDeferredTaxLiabilityAsset" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="TaxEffectOfMonetaryVariationFromSpecialSystemForSettlementAndCustodyOnRepetitionOfTaxUnduePayments" id="ugp_TaxEffectOfMonetaryVariationFromSpecialSystemForSettlementAndCustodyOnRepetitionOfTaxUnduePayments" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="TaxEffectOfShareOfProfitLossOfSubsidiariesJointVenturesAndAssociates" id="ugp_TaxEffectOfShareOfProfitLossOfSubsidiariesJointVenturesAndAssociates" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="ExtrafarmaOxitenoSAOleoquimicaAndEmcaMember" id="ugp_ExtrafarmaOxitenoSAOleoquimicaAndEmcaMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="ThresholdAmountOfGrossRevenueForCalculationOfAlternativeMethodOfTaxationForCompanies" id="ugp_ThresholdAmountOfGrossRevenueForCalculationOfAlternativeMethodOfTaxationForCompanies" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="PercentageOfOperatingRevenuesForCalculationOfAlternativeMethodOfTaxationForCompanies" id="ugp_PercentageOfOperatingRevenuesForCalculationOfAlternativeMethodOfTaxationForCompanies" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="ThresholdPercentageOfTaxableIncomeForIndefiniteExpirationOfTaxLossCarryforwards" id="ugp_ThresholdPercentageOfTaxableIncomeForIndefiniteExpirationOfTaxLossCarryforwards" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="DeferredIncomeAndSocialContributionTaxesMonetaryVariationFromSpecialSystemForSettlementAndCustodyOnRepetitionOfTaxUnduePaymentsReclassifiedToAssetsHeldForSale" id="ugp_DeferredIncomeAndSocialContributionTaxesMonetaryVariationFromSpecialSystemForSettlementAndCustodyOnRepetitionOfTaxUnduePaymentsReclassifiedToAssetsHeldForSale" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="DeferredIncomeAndSocialContributionTaxesMonetaryVariationFromSpecialSystemForSettlementAndCustodyOnRepetitionOfTaxUnduePayments" id="ugp_DeferredIncomeAndSocialContributionTaxesMonetaryVariationFromSpecialSystemForSettlementAndCustodyOnRepetitionOfTaxUnduePayments" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="TenderOffersToPurchaseNotesMember" id="ugp_TenderOffersToPurchaseNotesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="MaximumAggregateTenderAmountAvailableForIncrease" id="ugp_MaximumAggregateTenderAmountAvailableForIncrease" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="AggregatePrincipalAmountOfValidOffersReceived" id="ugp_AggregatePrincipalAmountOfValidOffersReceived" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="UniaoVopakArmazensGeraisLtdaMember" id="ugp_UniaoVopakArmazensGeraisLtdaMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="RightOfUseAssetsRelatedPartyTransactions" id="ugp_RightOfUseAssetsRelatedPartyTransactions" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="LeasesPayableRelatedPartyTransactions" id="ugp_LeasesPayableRelatedPartyTransactions" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="ContractTermOfLoansReceivableFromRelatedParties" id="ugp_ContractTermOfLoansReceivableFromRelatedParties" type="xbrli:durationItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="AmortizationReversalOfAmortizationOfShareBasedPlansRecognizedAsGeneralAndAdministrativeExpense" id="ugp_AmortizationReversalOfAmortizationOfShareBasedPlansRecognizedAsGeneralAndAdministrativeExpense" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="PeriodOfAmortizationFromGrantDate" id="ugp_PeriodOfAmortizationFromGrantDate" type="xbrli:durationItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="NumberOfOtherEquityInstrumentsReclassifiedToHeldForSaleInShareBasedPaymentArrangement" id="ugp_NumberOfOtherEquityInstrumentsReclassifiedToHeldForSaleInShareBasedPaymentArrangement" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="RestrictedStockAwardMember" id="ugp_RestrictedStockAwardMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="PerformanceStockAwardMember" id="ugp_PerformanceStockAwardMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="DecreaseThroughClassifiedAsHeldForSaleAllowanceAccountForCreditLossesOfFinancialAssets" id="ugp_DecreaseThroughClassifiedAsHeldForSaleAllowanceAccountForCreditLossesOfFinancialAssets" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="DecreaseThroughReversalsToNetRealizableValueAdjustmentProvisionsForLossesInventories" id="ugp_DecreaseThroughReversalsToNetRealizableValueAdjustmentProvisionsForLossesInventories" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="DecreaseThroughClassifiedAsHeldForSaleProvisionForLossesInventories" id="ugp_DecreaseThroughClassifiedAsHeldForSaleProvisionForLossesInventories" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="ReceivablesFromTaxesOtherThanIncomeTaxReclassifiedToAssetsHeldForSaleNetOfProvisionForImpairmentLosses" id="ugp_ReceivablesFromTaxesOtherThanIncomeTaxReclassifiedToAssetsHeldForSaleNetOfProvisionForImpairmentLosses" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="ReceivablesFromTaxesOtherThanIncomeTaxProvisionForImpairmentLosses" id="ugp_ReceivablesFromTaxesOtherThanIncomeTaxProvisionForImpairmentLosses" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="TaxCreditsReceivedForReceivablesFromTaxesOtherThanIncomeTax" id="ugp_TaxCreditsReceivedForReceivablesFromTaxesOtherThanIncomeTax" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="ReceivablesFromTaxesOtherThanIncomeTaxPrincipalAmountReceived" id="ugp_ReceivablesFromTaxesOtherThanIncomeTaxPrincipalAmountReceived" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="ReceivablesFromTaxesOtherThanIncomeTaxMonetaryVariationAmountReceived" id="ugp_ReceivablesFromTaxesOtherThanIncomeTaxMonetaryVariationAmountReceived" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="IrpjAndCsll1Member" id="ugp_IrpjAndCsll1Member" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="PeriodOfEconomicActivityAffectedDueToCovid19PandemicInDomesticCountry" id="ugp_PeriodOfEconomicActivityAffectedDueToCovid19PandemicInDomesticCountry" type="xbrli:durationItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="DeferredIncomeAndSocialContributionTaxExpenseBenefitOnImpairmentLoss" id="ugp_DeferredIncomeAndSocialContributionTaxExpenseBenefitOnImpairmentLoss" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="AssetsInForeignCurrencyAbstract" id="ugp_AssetsInForeignCurrencyAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="CustomerConcentrationsRiskMember" id="ugp_CustomerConcentrationsRiskMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="CustomerOneMember" id="ugp_CustomerOneMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="NumberOfCustomers" id="ugp_NumberOfCustomers" type="xbrli:integerItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="MaximumPercentageOfIdentifiedRiskToCoverByDerivativeFinancialInstruments" id="ugp_MaximumPercentageOfIdentifiedRiskToCoverByDerivativeFinancialInstruments" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="AssetExposureFromSubsidiariesHeldForSale" id="ugp_AssetExposureFromSubsidiariesHeldForSale" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="LiabilitiesExposureFromSubsidiariesHeldForSale" id="ugp_LiabilitiesExposureFromSubsidiariesHeldForSale" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="ForeignCurrencyHedgingInstrumentsFromSubsidiariesHeldForSale" id="ugp_ForeignCurrencyHedgingInstrumentsFromSubsidiariesHeldForSale" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="MiscellaneousOtherReserves" id="ugp_MiscellaneousOtherReserves" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="ResidualSurplusValueOfFixedAssetsMember" id="ugp_ResidualSurplusValueOfFixedAssetsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="ReceivablesFromTaxesOtherThanIncomeTaxMember" id="ugp_ReceivablesFromTaxesOtherThanIncomeTaxMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="NonCurrentAssetsOtherThanInvestmentsTangibleIntangibleAndRightOfUseAssets" id="ugp_NonCurrentAssetsOtherThanInvestmentsTangibleIntangibleAndRightOfUseAssets" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="IncreaseDecreaseInCashAndCashEquivalentsContinuingOperations" id="ugp_IncreaseDecreaseInCashAndCashEquivalentsContinuingOperations" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="AggregateSalePriceOfSubsidiary" id="ugp_AggregateSalePriceOfSubsidiary" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="NumberOfInstallmentsInDisposalGroupTransaction" id="ugp_NumberOfInstallmentsInDisposalGroupTransaction" type="xbrli:integerItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="PercentageOfSalePriceSettlementAsOfClosingDate" id="ugp_PercentageOfSalePriceSettlementAsOfClosingDate" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="PercentageOfSalePriceSettlementOnEachOfFirstAndSecondAnniversaryOfClosingDate" id="ugp_PercentageOfSalePriceSettlementOnEachOfFirstAndSecondAnniversaryOfClosingDate" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="NumberOfInstallmentsInDisposalGroupTransactionRequiredGuaranteeWillBeProvidedByBuyer" id="ugp_NumberOfInstallmentsInDisposalGroupTransactionRequiredGuaranteeWillBeProvidedByBuyer" type="xbrli:integerItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="MaximumPercentageOfShareCapitalOfReportingEntityExercisedForPreemptiveRights" id="ugp_MaximumPercentageOfShareCapitalOfReportingEntityExercisedForPreemptiveRights" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="IndoramaVenturesPlcMember" id="ugp_IndoramaVenturesPlcMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="AmountToBePaidAtClosingDateInDisposalGroupTransaction" id="ugp_AmountToBePaidAtClosingDateInDisposalGroupTransaction" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="AmountToBePaidOnSecondAnniversaryOfClosingDateInDisposalGroupTransaction" id="ugp_AmountToBePaidOnSecondAnniversaryOfClosingDateInDisposalGroupTransaction" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="ExercisePeriodOfPreemptiveRight" id="ugp_ExercisePeriodOfPreemptiveRight" type="xbrli:durationItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="NumberOfShareholdersExercisedPreemptiveRight" id="ugp_NumberOfShareholdersExercisedPreemptiveRight" type="xbrli:integerItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="UnclaimedDividendsForfeited" id="ugp_UnclaimedDividendsForfeited" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element name="ExerciseOfRightToIncreaseOfInitialAggregateTenderAmount" id="ugp_ExerciseOfRightToIncreaseOfInitialAggregateTenderAmount" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="EffectOfExchangeRateChangesOnCashAndCashEquivalentsContinuingOperations" id="ugp_EffectOfExchangeRateChangesOnCashAndCashEquivalentsContinuingOperations" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="DisclosureOfAssetsAndLiabilitiesOrDisposalGroupsClassifiedAsHeldForSaleExplanatory" id="ugp_DisclosureOfAssetsAndLiabilitiesOrDisposalGroupsClassifiedAsHeldForSaleExplanatory" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="PercentageOfOutstandingNotesPurchased" id="ugp_PercentageOfOutstandingNotesPurchased" type="num:percentItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="AggregatePrincipalAmountOfNotesPurchasedThroughExerciseOfRightsToIncreaseOfInitialAggregateTenderAmount" id="ugp_AggregatePrincipalAmountOfNotesPurchasedThroughExerciseOfRightsToIncreaseOfInitialAggregateTenderAmount" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="DescriptionOfNotesSettlement" id="ugp_DescriptionOfNotesSettlement" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="IncreaseDecreaseInCashAndCashEquivalentsIncludingEffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations" id="ugp_IncreaseDecreaseInCashAndCashEquivalentsIncludingEffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="AdjustmentsForOtherProvisionsAndAdjustments" id="ugp_AdjustmentsForOtherProvisionsAndAdjustments" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="CashAndCashEquivalentsContinuingOperation" id="ugp_CashAndCashEquivalentsContinuingOperation" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element name="OtherAssetsIncludingVehiclesAndEquipmentMember" id="ugp_OtherAssetsIncludingVehiclesAndEquipmentMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="DisclosureOfBreakdownOfAllowanceForExpectedCreditLossesOnDoubtfulAccountsExplanatoryTextBlock" id="ugp_DisclosureOfBreakdownOfAllowanceForExpectedCreditLossesOnDoubtfulAccountsExplanatoryTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xsd:element name="RealEstatePropertyOneMember" id="ugp_RealEstatePropertyOneMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleAndEquity" id="ugp_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleAndEquity" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="NotesDue2026Member" id="ugp_NotesDue2026Member" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="NotesDue2029Member" id="ugp_NotesDue2029Member" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="MaximumAggregateTenderAmount" id="ugp_MaximumAggregateTenderAmount" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element name="OxitenoSAOleoquimicaAndEmcaMember" id="ugp_OxitenoSAOleoquimicaAndEmcaMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
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  <xsd:element name="FinalPaymentToBeMadeInDisposalGroupTransaction" id="ugp_FinalPaymentToBeMadeInDisposalGroupTransaction" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element name="DescriptionOfFinalPaymentDueDate" id="ugp_DescriptionOfFinalPaymentDueDate" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
</xsd:schema>
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<DOCUMENT>
<TYPE>EX-2.11
<SEQUENCE>23
<FILENAME>ex211_1.htm
<DESCRIPTION>EXHIBIT 2.11
<TEXT>
<html><body><div><div style="font-family: 'times new roman', times; font-size: 10pt; margin: 0px; text-indent: 0px;"><p align="right" style="text-align: right; margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><b><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">Exhibit 2.</font></b><b><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-language: #0400; mso-bidi-language: #0400;">11</font></b><b><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"> </font></b></p><p align="center" style="text-align: center; margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><b><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&nbsp;</font></b></p><p align="center" style="text-align: center; margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><b><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">DESCRIPTION OF SECURITIES REGISTERED UNDER SECTION 12 OF THE EXCHANGE ACT </font></b></p><p style="margin: 6pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">As of December&nbsp;</font><font lang="EN-US" style="font-size: 10.0pt;">31</font><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">, 20</font><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-language: #0400; mso-bidi-language: #0400;">21</font><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">, Ultrapar Participa&#231;&#245;es S.A. (&#8220;</font><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-language: #0400; mso-bidi-language: #0400;">Ultrapar</font><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">,&#8221; the &#8220;Company,&#8221; &#8220;we,&#8221; &#8220;us,&#8221; and &#8220;our&#8221;) had the following classes of securities registered pursuant to Section&nbsp;12(b) of the </font><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-language: #0400; mso-bidi-language: #0400;">Securities </font><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">Exchange Act</font><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-language: #0400; mso-bidi-language: #0400;"> of 1934</font><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">: </font></p><div align="center"><table border="0" cellspacing="0" cellpadding="0" width="100%" style="width: 100%; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; margin-left: 0.1px;" class="mce-item-table"><tr style="mso-yfti-irow: 0; mso-yfti-firstrow: yes;"><td width="7%" valign="bottom" style="width: 7.62%; padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">&nbsp;</font></p></td><td width="32%" colspan="2" style="width: 32.2976%; padding: 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">&nbsp;</font></p></td><td width="4%" valign="bottom" style="width: 4.28%; padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">&nbsp;</font></p></td><td width="28%" colspan="2" style="width: 29.3541%; padding: 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">&nbsp;</font></p></td><td valign="bottom" style="padding: 0in; width: 11.9379%;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">&nbsp;</font></p></td><td width="12%" style="width: 12.8561%; padding: 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">&nbsp;</font></p></td></tr><tr style="mso-yfti-irow: 1; page-break-inside: avoid; mso-row-margin-right: 1.48%;"><td width="38%" colspan="2" style="width: 39.1817%; padding: 0in; border: 1pt solid #000000;"><p align="center" style="text-align: center; margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><b><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">Title of each class</font></b></p></td><td width="27%" colspan="3" style="width: 28.3193%; padding: 0in; border: 1pt solid #000000;"><p align="center" style="text-align: center; margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><b><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">Trading symbol(s)</font></b></p></td><td width="29%" colspan="3" style="width: 30.8447%; padding: 0in; border: 1pt solid #000000;"><p align="center" style="text-align: center; margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><b><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">Name&nbsp;of&nbsp;each&nbsp;exchange<br>on which registered</font></b></p></td></tr><tr style="mso-yfti-irow: 2; page-break-inside: avoid; height: 28.5pt; mso-row-margin-right: 1.48%;"><td width="38%" colspan="2" style="width: 39.1817%; padding: 0in; height: 28.5pt; border: 1pt solid #000000;"><p align="center" style="text-align: center; margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-language: #0400; mso-bidi-language: #0400;">C</font><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">ommon shares without par value*</font></p></td><td width="27%" colspan="3" style="width: 28.3193%; padding: 0in; height: 28.5pt; border: 1pt solid #000000;"><p align="center" style="text-align: center; margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">&#8212;</font><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-language: #0400; mso-bidi-language: #0400;"></font></p></td><td width="29%" colspan="3" style="width: 30.8447%; padding: 0in; height: 28.5pt; border: 1pt solid #000000;"><p align="center" style="text-align: center; margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-language: #0400; mso-bidi-language: #0400;">New York Stock Exchange*</font></p></td></tr><tr style="mso-yfti-irow: 3; mso-yfti-lastrow: yes; page-break-inside: avoid; height: 31.2pt; mso-row-margin-right: 1.48%;"><td width="38%" colspan="2" style="width: 39.1817%; padding: 0in; height: 31.2pt; border: 1pt solid #000000;"><p align="center" style="text-align: center; margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">American Depositary Shares**</font><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-language: #0400; mso-bidi-language: #0400;">,</font><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"></font></p><p align="center" style="text-align: center; margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">each representing </font><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-language: #0400; mso-bidi-language: #0400;">one</font><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"> common share</font></p></td><td width="27%" colspan="3" style="width: 28.3193%; padding: 0in; height: 31.2pt; border: 1pt solid #000000;"><p align="center" style="text-align: center; margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-language: #0400; mso-bidi-language: #0400;">UGP</font><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"></font></p></td><td width="29%" colspan="3" style="width: 30.8447%; padding: 0in; height: 31.2pt; border: 1pt solid #000000;"><p align="center" style="text-align: center; margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-language: #0400; mso-bidi-language: #0400;">New York Stock Exchange**</font><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"></font></p></td></tr><tr><td width="54" style="border: none; width: 7.62%;"></td><td width="218" style="border: none; width: 31.5617%;"></td><td width="5" style="border: none; width: 0.735895%;"></td><td width="30" style="border: none; width: 4.28%;"></td><td width="161" style="border: none; width: 23.3034%;"></td><td width="42" style="border: none; width: 6.0507%;"></td><td width="165" style="border: none; width: 11.9379%;"></td><td width="0" style="border: none; width: 12.8561%;"></td></tr></table></div><p style="margin: 12pt 0in 0.0001pt 0.5in; text-indent: -0.5in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">*<font style="mso-tab-count: 1;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>Not for trading, but only in connection with the registration of the </font><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-language: #0400; mso-bidi-language: #0400;">American depositary shares (the &#8220;ADSs&#8221;)</font><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">, representing such </font><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-language: #0400; mso-bidi-language: #0400;">common</font><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"> shares, pursuant to the requirements of the SEC.</font></p><p style="margin: 12pt 0in 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">**<font style="mso-tab-count: 1;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>Evidenced by American </font><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-language: #0400; mso-bidi-language: #0400;">d</font><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">epositary </font><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-language: #0400; mso-bidi-language: #0400;">r</font><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">eceipts</font><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-language: #0400; mso-bidi-language: #0400;"> (&#8220;ADRs&#8221;)</font><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">.&nbsp;</font></p><p style="margin: 6pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-language: #0400; mso-bidi-language: #0400;">Capitalized terms used but not defined in this Exhibit 2.11 shall have the meaning given to such terms in the Ultrapar&#8217;s Annual </font><font lang="EN-US" style="font-size: 10.0pt;">Report</font><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-language: #0400; mso-bidi-language: #0400;"> on Form 20-F for the fiscal year ended December 31, 2021 (the &#8220;2021 Form 20-F&#8221;). </font><font lang="EN-US" style="font-size: 10.0pt;"></font></p><p align="center" style="margin: 12pt 0in 0in; text-align: center; font-size: 12pt; font-family: 'Times New Roman', serif;"><b style="mso-bidi-font-weight: normal;"><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-language: #0400; mso-bidi-language: #0400;">COMMON SHARES<font style="color: #ff0000;"></font></font></b></p><p style="text-indent: 24.5pt; margin-right: 0in; margin-left: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-language: #0400; mso-bidi-language: #0400;">The following description of Ultrapar&#8217;s common shares is</font><font lang="EN-US" style="font-size: 10.0pt;"> a summary of selected significant provisions of our bylaws and the Brazilian Corporate Law, the rules and regulations of the CVM and the <i>Novo Mercado</i> listing segment of the B3 regarding certain corporate matters applicable to us. </font><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-language: #0400; mso-bidi-language: #0400;">This description is subject to and </font><font lang="EN-US" style="font-size: 10.0pt;">qualified</font><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-language: #0400; mso-bidi-language: #0400;"> in its entirety by reference to</font><font lang="EN-US" style="font-size: 10.0pt;"> our bylaws, Brazilian Corporate Law, the rules and regulations of the CVM and the rules of the <i>Novo Mercado</i>. </font><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-language: #0400; mso-bidi-language: #0400;">An English translation of the bylaws is incorporated by reference as Exhibit 1.1 to the 2021 Form 20-F. A copy of our bylaws (together with an English translation) is also available for inspection at our website (https://ri.ultra.com.br/).&nbsp;</font></p><p style="margin: 0.25in 0in 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><b><font lang="EN-US" style="font-size: 10.0pt; mso-bidi-font-style: italic;">General</font></b><font lang="EN-US" style="font-size: 10.0pt;"></font></p><p style="margin: 6pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-language: #0400; mso-bidi-language: #0400;">Our common </font><font lang="EN-US" style="font-size: 10.0pt;">shares</font><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-language: #0400; mso-bidi-language: #0400;"> are listed and </font><font lang="EN-US" style="font-size: 10.0pt;">admitted to trade on the <i>Novo Mercado</i> segment of the B3 under t</font><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-language: #0400; mso-bidi-language: #0400;">he ticker symbol &#8220;UGPA3&#8221;. Our common shares are listed on the New York Stock Exchange not for trading, but only in connection with the registration of the ADS representing such common shares, pursuant to the requirements of the SEC.</font><font lang="en-US" style="font-size: 10pt; color: #ff0000;"></font></p><p style="margin: 6pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">We are registered with the commercial registry of the state of S&#227;o Paulo under the registration number 35,300,109,724. Pursuant to chapter I, article&nbsp;3 of our bylaws, our main corporate purpose is the investment of our capital in the trade, industry and agriculture sectors and in companies providing services, through the subscription for or acquisition of shares or quotas in other companies.</font></p><p style="margin: 0px; text-indent: 0px; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;"><br></font></p><p style="margin: 0pt 0pt 7pt; font-size: 12pt; font-family: 'Times New Roman', serif; text-indent: 0pt;"><b><font lang="EN-US" style="font-size: 10.0pt; mso-bidi-font-style: italic;">Description of Capital Stock </font></b></p><p style="text-indent: 24.5pt; margin-right: 0in; margin-left: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">As of December&nbsp;31, 2021, our subscribed and paid-in capital stock consisted of 1,115,107,683 common shares, all of which have equal voting and equity rights, with no par value, of which 26,934,776 common shares were held in treasury. </font></p><p style="margin: 6pt 0in 0in; text-indent: 24.4pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt; mso-bidi-font-size: 12.0pt;">In February 2022, due to the partial exercise of the subscription warrants issued by the Company as of the approval of the Extrafarma transaction described in the 2021 Form 20-F, 43,925 common shares were issued within the limits of the authorized capital. As a consequence of this issuance, the Company&#8217;s capital stock is represented by </font><font lang="EN-US" style="font-size: 10.0pt;">1,115,151,608 </font><font lang="EN-US" style="font-size: 10.0pt; mso-bidi-font-size: 12.0pt;">common shares, all nominative, with no par value. Since no additional payment for exercising the subscription warrants is due, the issuance did not result in any change in the amount of the capital stock.</font></p><p style="margin: 0px; text-indent: 0px; font-size: 12pt; font-family: 'Times New Roman', serif;"><br></p><div><table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;" class="mce-item-table"><tr><td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>1</font></font></td></tr></table><hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr><div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div></div><p style="margin: 0px; text-indent: 0px;"><br></p><p style="margin: 0px; font-size: 12pt; font-family: 'Times New Roman', serif; text-indent: 0px;"><b><i><font lang="EN-US" style="font-size: 10.0pt;">Novo Mercado</font></i></b></p><p style="margin: 12pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">As a result of our common shares being listed on the <i>Novo Mercado</i>, we are required to comply with heightened requirements for corporate governance. In addition, we are not permitted to issue preferred shares or any shares with restricted voting rights while listed on this segment<i> </i>pursuant to its rules. As of January&nbsp;2, 2018, the new rules for <i style="mso-bidi-font-style: normal;">Novo Mercado</i> came into effect. Despite the fact that the companies listed in this segment must fully comply with the regulations until the general shareholders&#8217; meeting of 2022, our bylaws were already amended on April&nbsp;10, 2019 to reflect these rules.<b><i></i></b></font></p><p style="margin: 0.25in 0in 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><b><font lang="EN-US" style="font-size: 10.0pt; mso-bidi-font-style: italic;">Voting Rights </font></b></p><p style="margin: 12pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt; mso-bidi-font-weight: bold; mso-bidi-font-style: italic;">Each common share entitles its holder to one vote at the matters of the shareholders&#8217; meetings, in accordance with the Brazilian Corporate Law, our bylaws and the <i>Novo Mercado</i> regulations.</font></p><p style="margin: 0px; text-indent: 0px; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt; mso-bidi-font-weight: bold; mso-bidi-font-style: italic;"><br></font></p><p style="text-indent: 24.5pt; margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">In addition, our bylaws and Brazilian Corporate Law provide that holders of common shares are entitled to dividends or other distributions made with respect to such common shares proportionate to their holding of common stock. In the event of our liquidation and after payment of all our liabilities, shareholders are entitled to a return of capital proportionate to their share of common stock. Holders of our common shares may participate in future capital increases and are generally entitled to preemptive rights to obtain new shares under Brazilian Corporate Law. See &#8220;&#8212;Preemptive Rights.&#8221;</font></p><p style="text-indent: 0px; margin: 0px; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;"><br></font></p><p style="text-indent: 24.5pt; margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">According to Brazilian Corporate Law, neither our bylaws nor actions taken at a shareholders&#8217; meeting may deprive a shareholder of the following rights:</font></p><p style="text-indent: 0px; margin: 0px; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;"><br></font></p><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400; mso-bidi-font-weight: bold; mso-bidi-font-style: italic;">&#8226;<font style="mso-tab-count: 1;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>the right to participate in the distribution of profits; </font></p><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400; mso-bidi-font-weight: bold; mso-bidi-font-style: italic;">&nbsp;</font></p><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400; mso-bidi-font-weight: bold; mso-bidi-font-style: italic;">&#8226;<font style="mso-tab-count: 1;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>the right to participate in any remaining residual assets in the event of liquidation of our company; </font></p><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400; mso-bidi-font-weight: bold; mso-bidi-font-style: italic;"><font style="mso-spacerun: yes;">&nbsp;</font></font></p><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400; mso-bidi-font-weight: bold; mso-bidi-font-style: italic;">&#8226;<font style="mso-tab-count: 1;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>preemptive rights in the event of issuance of shares, convertible debentures or warrants, except in certain specific circumstances under Brazilian Corporate Law described in &#8220;&#8212;Preemptive </font><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-language: #0400; mso-bidi-language: #0400; mso-bidi-font-weight: bold; mso-bidi-font-style: italic;">R</font><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400; mso-bidi-font-weight: bold; mso-bidi-font-style: italic;">ights;&#8221; </font></p><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400; mso-bidi-font-weight: bold; mso-bidi-font-style: italic;"><font style="mso-spacerun: yes;">&nbsp;</font></font></p><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400; mso-bidi-font-weight: bold; mso-bidi-font-style: italic;">&#8226;<font style="mso-tab-count: 1;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>the right to inspect and supervise, in the manner set forth in Brazilian Corporate Law, the management of corporate business; and </font></p><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400; mso-bidi-font-weight: bold; mso-bidi-font-style: italic;"><font style="mso-spacerun: yes;">&nbsp;</font></font></p><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400; mso-bidi-font-weight: bold; mso-bidi-font-style: italic;">&#8226;<font style="mso-tab-count: 1;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>the right to withdraw from the company in the cases specified in Brazilian Corporate Law, which are described in &#8220;&#8212;Withdrawal Rights&#8221;</font><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-language: #0400; mso-bidi-language: #0400; mso-bidi-font-weight: bold; mso-bidi-font-style: italic;">, except in certain specific circumstances under Brazilian Corporate Law.</font><font lang="EN-US" style="font-size: 10.0pt;"></font></p><p style="margin: 0.25in 0in 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><b><font lang="EN-US" style="font-size: 10.0pt; mso-bidi-font-style: italic;">Shareholders&#8217; Meetings </font></b><b style="mso-bidi-font-weight: normal;"><i style="mso-bidi-font-style: normal;"><font lang="EN-US" style="font-size: 10.0pt;"></font></i></b></p><p style="text-indent: 24.5pt; margin-right: 0in; margin-left: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">A general shareholders&#8217; meeting must be convened and held in accordance with the requirements of Brazilian Corporate Law. Shareholders&#8217; meetings are called by the publication of a notice on at least three occasions in a widely circulating newspaper of the State of S&#227;o Paulo, our principal place of business, and its website. As determined by Brazilian Corporate Law, the first notice of a shareholders&#8217; meeting shall be given at least 21 days prior to holding the meeting. However, CVM rules require that companies whose shares are also represented by ADSs must convene a shareholders&#8217; meeting no later than 30 days in advance. In addition to such newspaper publication, the CVM requires that all documents related to the agenda to be deliberated upon on the meeting are filed with the CVM and filed on the CVM website (www.cvm.gov.br), as well as being made available at the Company&#8217;s headquarters and on its website, and also made available on the website of the B3.</font></p><p style="text-indent: 0px; margin: 0px; font-size: 12pt; font-family: 'Times New Roman', serif;"><br></p><div><table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;" class="mce-item-table"><tr><td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>2</font></font></td></tr></table><hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr><div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div></div><p style="margin: 0px; text-indent: 0px;"><br></p><p style="text-indent: 24.5pt; margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">Holders of shares voting at a general shareholders&#8217; meeting have the exclusive power to: (i) amend our bylaws; (ii) elect or dismiss members of the Board of Directors (<i style="mso-bidi-font-style: normal;">Conselho de Administra&#231;&#227;o</i>), at any time; (iii) install our fiscal council and elect its members; (iv) receive the yearly accounts by management and to accept or reject management&#8217;s financial statements, including the allocation of net profits and the Distributable Amount (as defined below) for payment of the mandatory distribution and allocation to the various reserve accounts; (v) authorize the issuance of debentures considering the terms of our bylaws; (vi) suspend the rights of a shareholder in the event such shareholder does not comply with obligations imposed by law or our bylaws; (vii) accept or reject in-kind contributions offered by a shareholder in consideration for issuance of capital stock; (viii) pass resolutions to reorganize the legal form of, merge, consolidate or split the company, to dissolve and liquidate the company, to elect and dismiss our liquidators and to examine their accounts; and (ix) authorize management to declare us insolvent and to file for judicial reorganization (a procedure involving protection from creditors available under Brazilian law).</font></p><p style="text-indent: 24.5pt; margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;"><br></font></p><p style="text-indent: 24.5pt; margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">Except as otherwise provided by Brazilian Corporate Law, a general shareholders&#8217; meeting may be held if shareholders representing at least one-quarter of the voting capital are present. If no such quorum is present, a second notice must again be given eight days in advance, and a meeting may then be convened without any specific quorum requirement, subject to the minimum quorum and voting requirements for certain matters, as described below. A shareholder whose voting rights have been suspended for any reason may still attend the general shareholders&#8217; meeting and take part in the discussion of matters submitted for consideration.&nbsp;</font></p><p style="text-indent: 24.5pt; margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;"><br></font></p><p style="text-indent: 24.5pt; margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">Except as otherwise provided by law, resolutions passed at a general shareholders&#8217; meeting are passed by a simple majority vote, with abstentions not being taken into account. In general, each share has the right to one vote. Under Brazilian Corporate Law and in accordance with our bylaws, the approval of shareholders representing at least one-half of the issued and outstanding shares is required for the following types of action: (i) creating a new class of shares that has a priority, preference, right, condition or redemption or amortization superior to an existing class of shares, such as preferred shares (in which case we would be required to delist from the <i style="mso-bidi-font-style: normal;">Novo Mercado </i>segment in accordance with its rules); (ii) changing the mandatory distribution; (iii) changing the corporate purpose; (iv) entering into any merger, consolidation or reorganization of the company; (v) dissolving or liquidating the company, and (vi) participation in a group of companies defined under Brazilian Corporate Law. In the case of (i), the vote of the holders of a majority of issued and outstanding shares of the affected class is also required. </font></p><p style="margin: 12pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">General shareholders&#8217; meetings are called and convened by the chairman of our Board of Directors and are presided over by the chairman of our Board of Directors, or a person designated by him. The chairman of the meeting shall select a secretary from among the meeting&#8217;s attendees. Shareholders&#8217; meetings also may be called by (i) any shareholder, if our Board of Directors fails to call a shareholders&#8217; meeting within 60 days after the date on which it is so required; (ii) shareholders holding at least five percent of our shares if our Board of Directors fails to call a meeting within eight days after receipt of a justified request to call the meeting and by those shareholders indicating the proposed agenda; (iii) shareholders holding at least five percent of our shares if our Board of Directors fails to call a meeting within eight days after receipt of a request to call the meeting to form a fiscal council; and (iv) our fiscal council, if one exists, in the event that the Board of Directors fails to call an annual shareholders&#8217; meeting within a month of the required date. The fiscal council may also call an extraordinary general shareholders&#8217; meeting in the specific context set forth in Brazilian Corporate Law.&nbsp;</font></p><p style="margin: 0.25in 0in 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><b><font lang="EN-US" style="font-size: 10.0pt; mso-bidi-font-style: italic;">Location of Our Shareholders&#8217; Meeting </font></b><b><font lang="en-US" style="font-size: 10.0pt; color: #00b050; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"></font></b></p><p style="margin: 12pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">Our shareholders&#8217; meetings usually take place at our headquarters in the City of S&#227;o Paulo, located in the State of S&#227;o Paulo. Brazilian Corporate Law permits us to hold shareholders meetings elsewhere in the event of force majeure, provided that the meetings are held in the City of S&#227;o Paulo and notice of the meeting clearly indicates where the meeting is to occur.</font></p><p style="margin: 0px; text-indent: 0px; font-size: 12pt; font-family: 'Times New Roman', serif;"><br></p><div><table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;" class="mce-item-table"><tr><td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>3</font></font></td></tr></table><hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr><div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div></div><p style="margin: 0px; text-indent: 0px;"><br></p><p style="margin: 12pt 0in 0in; font-size: 12pt; font-family: 'Times New Roman', serif; text-indent: 24.5pt;"><font lang="EN-US" style="font-size: 10.0pt; font-family: 'Times New Roman', serif;">Also, pursuant to the terms of Instruction 481 from CVM, the Shareholders&#8217; Meeting may occur through a digital platform; accordingly, the shareholders shall attend at the meeting through remote voting form; and through digital platform, in person or by attorney-in-fact duly appointed.</font></p><p style="margin-right: 0in; margin-left: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><b style="mso-bidi-font-weight: normal;"><font lang="EN-US" style="font-size: 10.0pt;"><br></font></b></p><p style="margin-right: 0in; margin-left: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><b style="mso-bidi-font-weight: normal;"><font lang="EN-US" style="font-size: 10.0pt;">Conditions of Admission </font></b><b><font lang="en-US" style="font-size: 10.0pt; color: #00b050; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"></font></b></p><p style="margin: 12pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">Our bylaws provide that, in order to attend a shareholders&#8217; meeting, each shareholder must furnish a share statement issued by the bookkeeping or custodian institution that indicates the number of shares of record held no more than three days before the meeting. The share statement must be delivered within 48 hours of the meeting. Shareholders represented by proxies must send to the company the respective power of attorney also within 48 hours prior to the meeting. The proxy must have been appointed less than a year prior to the meeting, and the power of proxy must be granted to a shareholder, corporate officer, lawyer or financial institution. </font></p><p style="margin: 12pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">The shareholders which are investment funds must send the company, within the same period mentioned in the paragraph above: (i)&nbsp;evidence of the capacity of fund manager conferred upon the individual or legal entity representing the shareholder at the shareholders&#8217; meeting, or the proxy granting such powers; (ii)&nbsp;the corporate action of the manager, in case it is a legal entity, granting powers to the representative attending the shareholders&#8217; meeting or to whom the power of attorney has been granted; and (iii)&nbsp;in the event the representative or proxy is a legal entity, the same documents referred to in (ii)&nbsp;above, as related thereto. </font></p><p style="margin: 12pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">We will verify in good faith the validity of the documents showing the capacity of a shareholder&#8217;s representative and will presume the truthfulness of the credible statements made by such representative. However, shareholders will be prohibited from participating in any meeting if such shareholder or its representative fails to present the respective power of attorney or the custodian&#8217;s statement (if shares are held through a custodian institution). </font></p><p style="margin: 12pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">In the event a shareholder participates in a meeting without proper representation as mentioned in the paragraph above, or in case such shareholder does not own the number of shares claimed to be owned by it, we will notify such shareholder about the issue and will disregard the votes cast by such shareholder at the meeting. In addition, regardless of whether we hold another shareholders&#8217; meeting to vote on the same matters, such shareholders will be liable for any losses and damages arising from their acts. </font></p><p style="margin: 12pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">Should a dispute arise with respect to exclusion from a meeting under such circumstance, the dispute will be submitted to arbitration as provided for in the <i style="mso-bidi-font-style: normal;">Novo Mercado</i> regulations and pursuant to our bylaws. </font><font lang="en-US" style="font-size: 10.0pt; color: #00b050; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"></font></p><p style="margin-right: 0in; margin-left: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><b style="mso-bidi-font-weight: normal;"><font lang="EN-US" style="font-size: 10.0pt;">Board of Directors </font></b><b><font lang="en-US" style="font-size: 10.0pt; color: #00b050; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"></font></b></p><p style="margin: 6pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">We are managed by our Board of Directors (<i>Conselho de Administra&#231;&#227;o</i>) and by our Executive Officers (<i>Diretoria</i>). As of December&nbsp;31, 2021, our Board of Directors consisted of eleven members, all of them being non-executive members and six of whom were independent, according to the Brazilian <i>Novo Mercado</i> Listing Rules. One member of the Board was an executive officer until December 2006 and one member was our executive officer until December 2012. On January 2022, one of the members left his position as a member of the Board of Directors and assumed the position of Chief Executive Officer of the Company. As a result, our Board of Directors is now composed of ten members, all non-executive members and six independent members as of January, 2022.</font></p><p style="margin: 0px; text-indent: 0px; font-size: 12pt; font-family: 'Times New Roman', serif;"><br></p><div><table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;" class="mce-item-table"><tr><td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>4</font></font></td></tr></table><hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr><div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div></div><p style="margin: 0px; text-indent: 0px;"><br></p><p style="margin: 6pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">Our Board of Directors must meet every three months and extraordinarily whenever called by its chairman or by any two directors. During 2021, thirteen board meetings were held. Each meeting of the Board of Directors requires the majority of the directors to be present, including the chairman or the vice-chairman, before the meeting may commence. The vote of the majority of the members present is required for the approval of a resolution by the Board of Directors. In case of a tie, the chairman, or in the chairman&#8217;s absence, the vice chairman, will provide the casting vote. In case of urgency, the chairman of our Board of Directors (or a third party that he or she may appoint) may call a special meeting of the Board of Directors with a shorter notice period than the usual; provided, however, that two-thirds of board members are present in order to commence such special meeting. Among other responsibilities, the Board of Directors is responsible for (i)&nbsp;our general guidelines, (ii)&nbsp;electing and removing our executive officers, supervising their management and fixing their compensation, (iii)&nbsp;deliberating on the issuance of new shares, within the limits of our authorized capital, (iv)&nbsp;authorizing the distributions of dividends and interest on shareholders&#8217; equity, (v)&nbsp;approving transactions with value exceeding five percent of our shareholders&#8217; equity, (vi)&nbsp;approving our dissolution or merger and (vii)&nbsp;the appointment of independent registered public accounting firm. Pursuant to Brazilian law, the Board of Directors must be elected by our shareholders at the general shareholders&#8217; meeting. </font></p><p style="margin: 12pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">Members of the Board of Directors are elected for a period of two years and may be reelected. </font></p><p style="margin: 12pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">Our bylaws require that at least one-third of the members of our Board of Directors be independent directors, which exceeds the 20% required by the <i>Novo Mercado</i> segment regulation. In addition, our bylaws set forth that the election of the members of the Board of Directors must be made through the nomination of a slate of candidates, unless cumulative voting is requested. Only the following slates of candidates will be eligible; (i)&nbsp;those nominated by the Board of Directors; or (ii)&nbsp;those nominated by any shareholder or group of shareholders. </font></p><p style="margin: 12pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">When electing members to the Board of Directors, shareholders will be entitled to request, as required by law and our bylaws, the adoption of a cumulative voting process, provided that they do so within, at least, forty-eight hours in advance of the shareholders&#8217; meeting. The minimum percentage of capital necessary for requesting the cumulative voting process is 5% of the shares. In the event the election has been conducted by cumulative voting, the removal of any member of the Board of Directors by the shareholders&#8217; meeting shall entail the removal of the other members, giving rise to a new election. </font></p><p style="margin-right: 0in; margin-left: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><b style="mso-bidi-font-weight: normal;"><font lang="EN-US" style="font-size: 10.0pt;">Dividends and Profit Reserve Accounts </font></b><b><font lang="en-US" style="font-size: 10.0pt; color: #00b050; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"></font></b></p><p style="margin: 6pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">The bylaws of a Brazilian company may establish a minimum percentage of the profit that must be paid to shareholders as mandatory dividends. The amounts due as dividends may be paid as interest on net equity. Our bylaws approved at the extraordinary and annual general shareholders&#8217; meeting held on April&nbsp;13, 2022 provides for a mandatory distribution equal to 25% of the adjusted net profit, after the allocation of 5% of the net profit to the legal reserve. </font></p><p style="margin: 12pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">Brazilian Corporate Law defines the &#8220;net profit&#8221; as the results of the relevant fiscal year, reduced by accumulated losses of prior fiscal years, provisions for income tax and social contribution on the net profit for such fiscal year, and amounts allocated to employees&#8217; and management&#8217;s participation on the results in such fiscal year.</font></p><p style="margin: 0px; text-indent: 0px; font-size: 12pt; font-family: 'Times New Roman', serif;"><br></p><div><table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;" class="mce-item-table"><tr><td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>5</font></font></td></tr></table><hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr><div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div></div><p style="margin: 0px; text-indent: 0px;"><br></p><p style="margin: 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">Under Brazilian Corporate Law, the net profit may be reduced or increased by the following: </font></p><p style="margin: 6pt 0in 0in 60.45pt; text-indent: -0.25in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt; font-family: Symbol; mso-fareast-font-family: Symbol; mso-bidi-font-family: Symbol;"><font style="mso-list: Ignore;">&#183;<font style="font: 7.0pt 'Times New Roman';">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></font></font><font lang="EN-US" style="font-size: 10.0pt;">amounts allocated to the legal reserve; </font></p><p style="margin: 6pt 0in 0in 60.45pt; text-indent: -0.25in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt; font-family: Symbol; mso-fareast-font-family: Symbol; mso-bidi-font-family: Symbol;"><font style="mso-list: Ignore;">&#183;<font style="font: 7.0pt 'Times New Roman';">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></font></font><font lang="EN-US" style="font-size: 10.0pt;">amounts allocated to the statutory reserve, if any; </font></p><p style="margin: 6pt 0in 0in 60.45pt; text-indent: -0.25in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt; font-family: Symbol; mso-fareast-font-family: Symbol; mso-bidi-font-family: Symbol;"><font style="mso-list: Ignore;">&#183;<font style="font: 7.0pt 'Times New Roman';">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></font></font><font lang="EN-US" style="font-size: 10.0pt;">amounts allocated to the contingency reserve, if required; </font></p><p style="margin: 6pt 0in 0in 60.45pt; text-indent: -0.25in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt; font-family: Symbol; mso-fareast-font-family: Symbol; mso-bidi-font-family: Symbol;"><font style="mso-list: Ignore;">&#183;<font style="font: 7.0pt 'Times New Roman';">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></font></font><font lang="EN-US" style="font-size: 10.0pt;">amounts allocated to the unrealized profit reserve; </font></p><p style="margin: 6pt 0in 0in 60.45pt; text-indent: -0.25in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt; font-family: Symbol; mso-fareast-font-family: Symbol; mso-bidi-font-family: Symbol;"><font style="mso-list: Ignore;">&#183;<font style="font: 7.0pt 'Times New Roman';">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></font></font><font lang="EN-US" style="font-size: 10.0pt;">amounts allocated to the retained profit reserve; </font></p><p style="margin: 6pt 0in 0in 60.45pt; text-indent: -0.25in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt; font-family: Symbol; mso-fareast-font-family: Symbol; mso-bidi-font-family: Symbol;"><font style="mso-list: Ignore;">&#183;<font style="font: 7.0pt 'Times New Roman';">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></font></font><font lang="EN-US" style="font-size: 10.0pt;">amounts allocated to the income tax exemption reserve; </font></p><p style="margin: 6pt 0in 0in 60.45pt; text-indent: -0.25in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt; font-family: Symbol; mso-fareast-font-family: Symbol; mso-bidi-font-family: Symbol;"><font style="mso-list: Ignore;">&#183;<font style="font: 7.0pt 'Times New Roman';">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></font></font><font lang="EN-US" style="font-size: 10.0pt;">reversions of reserves registered in prior years, in accordance with Brazilian GAAP; and </font></p><p style="margin: 6pt 0in 0in 60.45pt; text-indent: -0.25in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt; font-family: Symbol; mso-fareast-font-family: Symbol; mso-bidi-font-family: Symbol;"><font style="mso-list: Ignore;">&#183;<font style="font: 7.0pt 'Times New Roman';">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></font></font><font lang="EN-US" style="font-size: 10.0pt;">reversions of the amounts allocated to the unrealized profit reserve, when realized and not absorbed by losses. </font></p><p style="margin: 12pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><b><i><font lang="EN-US" style="font-size: 10.0pt;">Legal reserves.</font></i></b><font lang="EN-US" style="font-size: 10.0pt;"> We are required to maintain a legal reserve to which we must allocate 5% of our net profit until the amount of our legal reserve equals 20% of paid-in capital. We are not required to make any allocations to the legal reserve for any fiscal year in which such reserve, when added to our capital reserves, exceeds 30% of our capital stock. Accumulated losses, if any, may be charged against the legal reserve. Other than that, the legal reserve can only be used to increase our capital. </font></p><p style="margin: 12pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><b><i><font lang="EN-US" style="font-size: 10.0pt;">Statutory reserves.</font></i></b><font lang="EN-US" style="font-size: 10.0pt;"> Under Brazilian Corporate Law, any corporation may create statutory reserves, in which case it shall be provided in its respective bylaws. In this case, the bylaws must also indicate the reserve purpose, allocation criteria and maximum amount of reserve. As provided in our bylaws, we may allocate up to 75% of our adjusted net profit to an investment reserve, up to the limit of 100% of our capital stock. </font></p><p style="margin: 12pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><b><i><font lang="EN-US" style="font-size: 10.0pt;">Contingency reserves.</font></i></b><font lang="EN-US" style="font-size: 10.0pt;"> Under Brazilian Corporate Law, our shareholders may decide, upon a proposal of our Board of Directors, to allocate a discretionary amount of our net profit to a contingency reserve for estimated future losses, which are deemed probable. The distributable amount may be further increased by the reversal of such reserve in the fiscal year when the reasons that justified the creation of such reserve cease to exist or in which the anticipated loss occurs. Accordingly, there is no specific percentage of net profit allocable to this type of reserve. </font></p><p style="margin: 12pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><b><i><font lang="EN-US" style="font-size: 10.0pt;">Unrealized profits reserves.</font></i></b><font lang="EN-US" style="font-size: 10.0pt;"> Under Brazilian Corporate Law, when the mandatory dividend amount exceeds the realized net profits in a given fiscal year, our shareholders may elect, upon a proposal of our Board of Directors, to allocate some or all of the excess dividend amount to any unrealized profits reserve. Brazilian Corporate Law defines &#8220;realized&#8221; net profits as the amount by which the company&#8217;s net profits exceed the sum of (1)&nbsp;its net positive results, if any, from the equity method of accounting for earnings and losses of the company&#8217;s subsidiaries and certain of its affiliates and (2)&nbsp;the profits, gains or returns that will be received by the company after the end of the next fiscal year. The distributable amount is increased by the profits that were allocated to such reserve when they are realized.</font></p><p style="margin: 0px; text-indent: 0px; font-size: 12pt; font-family: 'Times New Roman', serif;"><br></p><div><table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;" class="mce-item-table"><tr><td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>6</font></font></td></tr></table><hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr><div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div></div><p style="margin: 12pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><b><i><font lang="EN-US" style="font-size: 10.0pt;">Income tax exemption reserve.</font></i></b><font lang="EN-US" style="font-size: 10.0pt;"> Under Brazilian Corporate Law, the portion of the net profit derived from donations or governmental incentives directed to investments, can be excluded of the Distributable Amount. </font></p><p style="margin: 12pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><b><i><font lang="EN-US" style="font-size: 10.0pt;">Retained profits reserve.</font></i></b><font lang="EN-US" style="font-size: 10.0pt;"> Under Brazilian Corporate Law, our shareholders may decide to retain a discretionary amount of our net profits that is provided for in a budget approved in the general shareholders&#8217; meeting, upon the proposal of its Board of Directors, for the expansion of our installations and other investment projects. After the conclusion of the relevant investments, we may retain the reserve until the shareholders approve the transfer of the reserve, in full or in part, to its capital or to the accumulated profits reserve. In accordance with Brazilian Corporate Law, if a project to which part of the reserve has been allocated has a term exceeding one year, the budget for such project must be approved by the general shareholders&#8217; meeting each fiscal year through the conclusion of the project. </font></p><p style="margin: 12pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">Brazilian Corporate Law provides that all statutory allocations of net profit, including the unrealized profits reserve and the reserve for investment projects, are subject to approval by the shareholders voting at a general shareholders&#8217; meeting and may be used for capital increases or for the payment of dividends in subsequent years. The legal reserve is also subject to approval by the general shareholders&#8217; meeting and may be transferred to capital or used to absorb losses, but is not available for the payment of dividends in subsequent years. </font><font lang="EN-US"></font><br></p><p style="margin: 0px; text-indent: 0px; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;"><br></font></p><p style="margin: 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">The balance for the profit reserve accounts, except for the contingency reserve and unrealized profits reserve, may not exceed the share capital. If this happens, our shareholders must determine whether the excess will be applied to pay in the subscribed and unpaid capital, to increase and pay in the subscribed stock capital or to distribute dividends. </font></p><p style="margin: 12pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">The profits unallocated to the accounts mentioned above must be distributed as dividends. </font></p><p style="margin: 12pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">A company is permitted to allocate to the unrealized profits reserves all income from equity gains in subsidiaries that are not distributed to the company in the form of cash dividends. When such gains are distributed to the company in the form of cash dividends, the company is required to reverse the reserve. In addition to the mandatory distribution, the Board of Directors may recommend to the shareholders the payment of interim distributions from other funds that are legally available for such purposes. Any payment of an interim dividend may be set off against the amount of the mandatory dividend distribution for that fiscal year. </font></p><p style="margin: 12pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">As an alternative form of payment of dividends, Brazilian companies may distribute interest on capital, which payments may be treated by a company as a deductible expense for income and social contribution taxes purposes. Payments of interest on capital may be made at the discretion of our Board of Directors, subject to the approval of the holders of our common shares. Payments of interest attributed to shareholders&#8217; equity, net of withholding tax, may be distributed as part of the minimum mandatory dividends, to the extent that it does not exceed the limits described below. This interest is calculated in accordance with the daily pro rata variation of the Brazilian government&#8217;s long-term interest rate (TJLP), as determined by the Central Bank from time to time, and cannot exceed the greater of: </font></p><p style="margin: 6pt 0in 0in 60.45pt; text-indent: -0.25in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt; font-family: Symbol; mso-fareast-font-family: Symbol; mso-bidi-font-family: Symbol;"><font style="mso-list: Ignore;">&#183;<font style="font: 7.0pt 'Times New Roman';">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></font></font><font lang="EN-US" style="font-size: 10.0pt;">50% of net income (after the deduction of the social contribution on profits and before the provision for corporate income tax and the amounts attributable to shareholders as net interest on equity) related to the period in respect of which the payment is made; or </font></p><p style="margin: 6pt 0in 0in 60.45pt; text-indent: -0.25in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt; font-family: Symbol; mso-fareast-font-family: Symbol; mso-bidi-font-family: Symbol;"><font style="mso-list: Ignore;">&#183;<font style="font: 7.0pt 'Times New Roman';">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></font></font><font lang="EN-US" style="font-size: 10.0pt;">50% of the sum of retained profits and profit reserves in the beginning of the period with respect to which the payment is made. </font></p><p style="margin: 12pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">Under Brazilian Corporate Law, a company may suspend the mandatory distribution either in the form of dividends or payments of interest on capital if the shareholders at the general shareholders&#8217; meeting determine, based on the Board of Directors&#8217; proposal, which is reviewed by the Fiscal Council, that payment of the mandatory distribution for the preceding fiscal year would be inadvisable in light of the company&#8217;s financial condition. Our managers must report to the CVM such suspension within five days of the relevant general shareholders&#8217; meeting. Under Brazilian law, mandatory distributions that are suspended and not offset against losses in future years must be paid as soon as the financial condition of the company permits.</font></p><p style="margin: 0px; text-indent: 0px; font-size: 12pt; font-family: 'Times New Roman', serif;"><br></p><div><table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;" class="mce-item-table"><tr><td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>7</font></font></td></tr></table><hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr><div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div></div><p style="margin: 12pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font style="mso-bookmark: _DMBM_194;"><font lang="EN-US" style="font-size: 10.0pt;">We declare and pay dividends and/or interest on capital, pursuant to Brazilian Corporate Law and our bylaws. Our Board of Directors may approve the distribution of dividends and/or interest on capital, calculated based on our annual or semiannual financial statements or on financial statements relating to shorter periods. The amount of any distributions will depend on a series of factors, such as our financial condition, prospects, macroeconomic conditions, tariff adjustments, regulatory changes, growth strategies and other issues our Board of Directors and our shareholders may consider relevant. </font></font></p><p style="margin: 12pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font style="mso-bookmark: _DMBM_194;"><font lang="EN-US" style="font-size: 1.0pt;">&nbsp;</font></font><font style="mso-bookmark: _DMBM_194;"><font lang="EN-US" style="font-size: 10.0pt;">Holders of our common shares are entitled to receive dividends declared by us solely from the date of the subscription and/or acquisition of such common shares. </font></font><font style="mso-bookmark: _DMBM_195;"><font lang="EN-US" style="font-size: 10.0pt;"></font></font></p><p style="margin-right: 0in; margin-left: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><b style="mso-bidi-font-weight: normal;"><font lang="EN-US" style="font-size: 10.0pt;">Payment of Dividends </font></b></p><p style="margin: 12pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">Within the four months following the end of each fiscal year, our shareholders are required to hold an annual general shareholders&#8217; meeting to decide, among other things, on the allocation of our net profits with respect to the fiscal year ended immediately prior to the shareholders&#8217; meeting and the payment of an annual dividend. Additionally, interim dividends may be declared by our Board of Directors. Under Brazilian Corporate Law, dividends are generally required to be paid within 60&nbsp;days following the date the dividend was declared, unless a shareholders&#8217; resolution sets forth another date of payment, which, in either case, must occur prior to the end of the fiscal year in which such dividend was declared. Pursuant to Brazilian civil law, unclaimed dividends revert to us three years after the date when we begin to pay such declared dividends. </font></p><p style="margin: 12pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">Shareholders who are not residents of Brazil must register with the Central Bank to have dividends, sales proceeds or other amounts with respect to their common shares eligible to be remitted in foreign currency outside of Brazil. The common shares underlying the ADSs will be held in Brazil by <i>Ita&#250; Corretora de Valores S.A.</i>, as agent for the Depositary. For purposes of the registration requirement, the Depositary is deemed to be the stockholder of the common shares underlying the ADSs. The Depositary will register such common shares with the Central Bank. </font></p><p style="margin: 12pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">Payments of cash dividends and distributions, if any, will be made in Brazilian currency to the Custodian on behalf of the Depositary. The Custodian will then convert such proceeds into U.S. dollars and will cause such U.S. dollars to be delivered to the Depositary for distribution to holders of ADSs. In the event that the Custodian is unable to convert immediately the Brazilian currency received as dividends into U.S. dollars, the amount of U.S. dollars payable to holders of ADSs may be adversely affected by devaluations of the Brazilian currency that may occur before such dividends are converted and remitted. Dividends in respect of the common shares paid to shareholders who are not Brazilian residents, including holders of ADSs, are exempt from Brazilian withholding tax except for dividends declared based on profits generated prior to December&nbsp;31, 1995. Distributions of interest attributable to shareholders&#8217; equity are currently subject to withholding tax at a rate of 15%, or 25% in the case of a shareholder domiciled in a &#8220;tax haven.&#8221; See &#8220;Item 10.E. Additional Information&#8212;Taxation&#8212;Brazilian Tax Consequences&#8221; in the 2021 Form 20-F.</font></p><p style="margin-right: 0in; margin-left: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><b style="mso-bidi-font-weight: normal;"><font lang="EN-US" style="font-size: 10.0pt;">Withdrawal Rights </font></b><b><font lang="en-US" style="font-size: 10.0pt; color: #00b050; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"></font></b></p><p style="margin: 12pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">Holders of shares have a right of redemption (appraisal rights) in certain limited circumstances. Under Brazilian Corporate Law, a dissenting shareholder may seek redemption of his or her shares upon a decision made at a shareholders&#8217; meeting: (i)&nbsp;to create a new class of shares that has a priority, preference, right, condition or redemption or amortization superior to an existing class of shares, such as preferred shares (in which case we would be required to delist from the <i style="mso-bidi-font-style: normal;">Novo Mercado</i> segment in accordance with its rules); (ii)&nbsp;to reduce the mandatory distribution of dividends; (iii)&nbsp;to change our corporate purposes; (iv)&nbsp;to transfer all of our shares to another company in order to make us a wholly owned subsidiary of such company (<i style="mso-bidi-font-style: normal;">incorpora&#231;&#227;o</i>); (v)&nbsp;to participate in a group of companies, subject to the limits set forth in Brazilian Corporate Law; or (vi)&nbsp;to merge with another company The right to redemption lapses thirty days after publication of the minutes of the relevant shareholders&#8217; meeting. We would be entitled to reconsider any action giving rise to redemption rights within ten days following the expiration of such rights if the redemption of shares of dissenting shareholders would jeopardize our financial stability.</font></p><p style="margin: 0px; text-indent: 0px; font-size: 12pt; font-family: 'Times New Roman', serif;"><br></p><div><table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;" class="mce-item-table"><tr><td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>8</font></font></td></tr></table><hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr><div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div></div><p style="margin: 12pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">Shares are redeemable at their book value, determined on the basis of the last balance sheet approved by the shareholders. If the shareholders&#8217; meeting giving rise to redemption rights occurs more than 60 days after the date of the last approved balance sheet, a shareholder may demand that its shares be valued on the basis of a new balance sheet that is as of a date within 60 days of such shareholders&#8217; meeting. </font><font lang="en-US" style="font-size: 10.0pt; color: #00b050; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"></font></p><p style="margin-right: 0in; margin-left: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><b style="mso-bidi-font-weight: normal;"><font lang="EN-US" style="font-size: 10.0pt;">Redemption </font></b><b><font lang="en-US" style="font-size: 10.0pt; color: #00b050; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"></font></b></p><p style="margin: 12pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">Under Brazilian Corporate Law, our shareholders may resolve in an extraordinary shareholders&#8217; meeting to require us to redeem its outstanding shares. Share redemption may be paid for using our profits, profit reserves or capital reserves. If the share redemption is not applicable to all shares, the redemption will be made by lottery. If custody shares are picked in the lottery and there are no rules established in the custody agreement, the financial institution will specify the shares to be redeemed on a pro rata basis. </font><font lang="en-US" style="font-size: 10.0pt; color: #00b050; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"></font></p><p style="margin: 8pt 0pt; font-size: 12pt; font-family: 'Times New Roman', serif; text-indent: 0pt;"><b style="mso-bidi-font-weight: normal;"><font lang="EN-US" style="font-size: 10.0pt;">Registration of Shares </font></b><b><font lang="en-US" style="font-size: 10.0pt; color: #00b050; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"></font></b></p><p style="margin: 12pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">All of our shares are kept in book-entry form and held in a deposit account with a financial institution authorized by the CVM, in the name of their holders, without certificates issued. The transfer and record cost, as well as the cost of the services relating to our book-entry shares, may be charged directly to the shareholder by the bookkeeping institution. </font><font lang="en-US" style="font-size: 10.0pt; color: #00b050; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"></font></p><p style="margin: 10pt 0pt 0pt; font-size: 12pt; font-family: 'Times New Roman', serif; text-indent: 0pt;"><b style="mso-bidi-font-weight: normal;"><font lang="EN-US" style="font-size: 10.0pt;">Preemptive Rights </font></b><b><font lang="en-US" style="font-size: 10.0pt; color: #00b050; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"></font></b></p><p style="margin: 12pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">Each of our shareholders has a general preemptive right to subscribe for shares in any capital increase in proportion to its shareholding. A minimum period of 30 days following the publication of notice of the capital increase is allowed for the exercise of the right, and the right is negotiable. You may not be able to exercise preemptive rights in respect of shares represented by ADSs unless a registration statement under the Securities Act is effective or an exemption from the registration requirement thereunder is available. </font></p><p style="margin: 12pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">Under the terms of Article 172 of Brazilian Corporate Law and our bylaws, our Board of Directors may waive preemptive rights or reduce the period for the exercise thereof with respect to the issuance of new shares, debentures convertible into our shares and warrants up to the limit of our authorized stock capital if the distribution of those securities is carried out through: (i)&nbsp;a stock exchange, (ii)&nbsp;a public tender offer or (iii)&nbsp;an exchange offer for shares in a public tender offer the purpose of which is to acquire control of another company. </font><font lang="en-US" style="font-size: 10.0pt; color: #00b050; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"></font></p><p style="margin: 7pt 0pt; font-size: 12pt; font-family: 'Times New Roman', serif; text-indent: 0pt;"><b style="mso-bidi-font-weight: normal;"><font lang="EN-US" style="font-size: 10.0pt;">Restriction on Certain Transactions by Controlling Shareholders, Directors and Officers </font></b><b><font lang="en-US" style="font-size: 10.0pt; color: #00b050; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"></font></b></p><p style="margin: 6pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">We, members of our Board of Directors, executive officers, members of our fiscal council, if installed, members of any technical or advisory body or whomever which, by virtue of its title, duty or position in us, or in our controlling shareholders, controlled companies or affiliates, have knowledge of a material fact, and any other person who has knowledge of material information and knows it has not been disclosed to the market (including auditors, analysts, underwriters and advisers), are considered insiders. Insiders may not trade our securities or derivatives of our securities prior to the disclosure of such material information to the market. </font></p><p style="margin: 6pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">Such restriction will apply, without limitation, (i)&nbsp;if we intend to merge or combine with another company, consolidate, sell part or all of our assets or reorganize, until such information is disclosed to the market; (ii)&nbsp;if an agreement for the transfer of our control has been executed, or if an option or mandate for such effect has been granted, until such information is disclosed to the market; (iii)&nbsp;during the 15-day period prior to the disclosure of our quarterly and annual financial statements required by CVM; and (iv)&nbsp;to the controlling shareholders, if any, the officers, and members of the Board of Directors, whenever we, or any of our controlled companies, affiliates or companies subject to the same control, are in process of purchasing or selling shares issued by us.</font></p><p style="margin: 0px; text-indent: 0px; font-size: 12pt; font-family: 'Times New Roman', serif;"><br></p><div><table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;" class="mce-item-table"><tr><td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>9</font></font></td></tr></table><hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr><div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div></div><p style="margin: 0px; text-indent: 0px; font-size: 12pt; font-family: 'Times New Roman', serif;"><br></p><p style="margin-right: 0in; margin-left: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><b style="mso-bidi-font-weight: normal;"><font lang="EN-US" style="font-size: 10.0pt;">Restriction on Certain Transactions outside Our Corporate Purposes </font></b><b><font lang="en-US" style="font-size: 10.0pt; color: #00b050; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"></font></b></p><p style="margin: 6pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">Brazilian Corporate Law prohibits us from undertaking any business practices inconsistent with our corporate purpose and core business. </font><font lang="en-US" style="font-size: 10.0pt; color: #00b050; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"></font></p><p style="margin: 9pt 0pt; font-size: 12pt; font-family: 'Times New Roman', serif; text-indent: 0pt;"><b style="mso-bidi-font-weight: normal;"><font lang="EN-US" style="font-size: 10.0pt;">Arbitration </font></b><b><font lang="en-US" style="font-size: 10.0pt; color: #00b050; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"></font></b></p><p style="margin: 6pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">The company, its shareholders, directors and executive officers and members of the compensation committee, statutory audit committee and fiscal council, if installed, are required to submit to arbitration at the Market Arbitration Tribunal, any and all disputes or controversies arising between them, either related to or resulting from the application, validity, effectiveness, interpretation, violation and their effects, of the provisions set forth in Law 6,404/76, in our bylaws, in the rules enacted by the CVM, as well as other rules applicable to capital markets in general, in addition to those set forth in the rules of the <i style="mso-bidi-font-style: normal;">Novo Mercado</i>, in the Arbitration Regulation, in the Sanctions Regulation and in <i style="mso-bidi-font-style: normal;">Novo Mercado</i> Participation Agreement. </font><font lang="en-US" style="font-size: 10.0pt; color: #00b050; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"></font></p><p style="margin: 8pt 0pt 0pt; font-size: 12pt; font-family: 'Times New Roman', serif; text-indent: 0pt;"><b style="mso-bidi-font-weight: normal;"><font lang="EN-US" style="font-size: 10.0pt;">Deregistration as Publicly-Held Company </font></b><font lang="EN-US" style="font-size: 10.0pt;"></font></p><p style="margin: 6pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">We may only deregister as a publicly-held company if such deregistration is approved by a majority of the shareholders present at a shareholders&#8217; meeting, which shall be conditioned to: (i)&nbsp;the launching of a public tender offer for the acquisition of all of our outstanding shares in accordance with the provisions of Brazilian Corporate Law, the CVM rules and regulations, the <i>Novo Mercado</i> regulation and our bylaws by us, our controlling shareholders or a group of controlling shareholders and (ii)&nbsp;the acceptance of at least two thirds (2/3) of the shareholders representing the free float that show up at the tender offer auction (whether by selling its shares or expressly agreeing with the deregistration), in which case we would become a privately-held company. The price offered for such outstanding shares must at least correspond to the fair value of such shares as set forth in the respective appraisal report issued by a specialized institution with proven experience hired by the offeror for the purposes of the tender offer. </font></p><p style="margin: 12pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">Shareholders holding at least ten percent of the free float of our shares may require our management to call a special shareholders&#8217; meeting to determine whether to perform another valuation using the same or a different valuation method. This request must be made within 15 days following the disclosure of the price to be paid for the shares in the public tender offer. If the new valuation price is equal to or lower than the original valuation price, the shareholders making such request as well as those who vote in its favor must reimburse the Company for any costs incurred in preparing the new appraisal report. If the new valuation price is higher than the original valuation price, the offeror shall then decide whether to proceed with the public tender offer observing the new price or withdraw the tender offer, in which case the Company will continue to be registered as a publicly-held company. </font></p><p style="margin: 9pt 0pt; font-size: 12pt; font-family: 'Times New Roman', serif; text-indent: 0pt;"><b style="mso-bidi-font-weight: normal;"><font lang="EN-US" style="font-size: 10.0pt;">Withdrawal from the <i style="mso-bidi-font-style: normal;">Novo Mercado</i> </font></b></p><p style="margin: 6pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">According to the new <i>Novo Mercado </i>Listing Rules &#8211; applicable as of January&nbsp;2, 2018 &#8211; and to our bylaws, as further amended, the withdrawal from the <i>Novo Mercado</i> may be: (i)&nbsp;voluntary; or (ii)&nbsp;mandatory, as a result of the violation of any the rules of the <i>Novo Mercado</i> or the deregistration as publicly-held company. </font></p><p style="margin: 8pt 0pt; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">The withdrawal, however, shall only occur after the launching of a public tender offer for the Company&#8217;s outstanding shares, which shall (i)&nbsp;follow, as applicable, the CVM regulation that rules that the mandatory tender offer for the deregistration as publicly-held company (including the abovementioned possibility to request a second valuation report); and (ii)&nbsp;be launched at a fair price, as appointed in the appraisal report issued by a specialized institution with proven experience for the purposes of the tender offer; and (ii)&nbsp;be approved by at least one third (1/3) of the shareholders representing the free float that participate in the tender offer auction (whether by selling its shares or expressly agreeing with the withdrawal from the <i>Novo Mercado</i>).</font></p><div><table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;" class="mce-item-table"><tr><td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>10</font></font></td></tr></table><hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr><div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div></div><p style="margin: 12pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">The obligation to launch such public tender offer, however, may be waived by the majority of the shareholders representing the Company&#8217;s free float present at the shareholders&#8217; meeting convened to resolve on that matter. Such shareholders&#8217; meeting may be held on first call with the attendance of shareholders representing two thirds (2/3) of the free float or, on second call, with the attendance of any number of shareholders representing the free float. </font></p><p style="margin: 12pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">The withdrawal from the <i>Novo Mercado </i>does not necessarily result in our deregistration as a publicly-held company on the B3. </font></p><p style="margin: 12pt 0in 0in; text-indent: 24.4pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">If the Company participates in a corporate reorganization involving the transfer of its shareholders&#8217; base to a company that is not listed in the <i style="mso-bidi-font-style: normal;">Novo Mercado</i>, such resulting company or companies must apply for listing on <i>Novo Mercado</i> within one hundred and twenty (120)&nbsp;days from the date of the general shareholders meeting that approved the reorganization, unless the majority of the shareholders representing the Company&#8217;s free float present at such shareholders&#8217; meeting agrees with the non-listing of the resulting company. </font></p><p style="margin: 12pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">Pursuant to the new rules of the <i>Novo Mercado</i> and to our new bylaws, the voluntary withdrawal shall be preceded by a public tender offer at fair market value. For the withdrawal to move forward, shareholders representing more than one third (1/3) of the outstanding shares shall need to accept the tender offer or expressly agree to delist without selling the shares. </font></p><p style="margin: 12pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">According to the rules of the <i>Novo Mercado</i>, in the event of a transfer of our shareholding control within 12&nbsp;months following our delisting from the <i>Novo Mercado</i>, the selling controlling shareholder(s) and the acquirer must offer to acquire the remaining shares for the same price and terms offered to the selling controlling shareholders, duly updated, or pay the difference, if any, between the tender offer price accepted by the former shareholders, duly updated, and the price obtained by the controlling shareholder in selling its shares. </font></p><p style="margin: 9pt 0pt 0pt; font-size: 12pt; font-family: 'Times New Roman', serif; text-indent: 0pt;"><b style="mso-bidi-font-weight: normal;"><font lang="EN-US" style="font-size: 10.0pt;">Sale of Control </font></b><font lang="EN-US" style="font-size: 10.0pt;"></font></p><p style="margin: 6pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">In the event of a direct or indirect sale of the Company&#8217;s shareholding control, through a single or series of transactions, the acquirer must conduct a public tender offer for all shares held by the remaining shareholders in order to ensure equal treatment of all shareholders (tag-along right). Such right has been provided to Ultrapar&#8217;s shareholders since March&nbsp;22, 2000, in accordance with the terms of the Ultra S.A. shareholders&#8217; agreement signed on the same date, which has since then been rescinded and replaced by our bylaws. The tender offer is subject to applicable laws and regulations, our bylaws and the rules of the <i>Novo Mercado</i>. </font></p><p style="margin: 12pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">A public tender offer is also required when there is an assignment for consideration of share subscription rights or rights of other securities convertible into our shares, which results in the transfer of control of the Company. In such case, the acquiring shareholder must (i)&nbsp;complete a public tender offer for our remaining shares on the same terms and conditions offered to the selling shareholder and (ii)&nbsp;according to our bylaws, reimburse the counterparties from whom it has acquired our shares on the stock exchange in the six-month period preceding the transaction which resulted in a change in control. The reimbursement amount corresponds to the positive difference between the price paid to the selling shareholder in the transaction that resulted in a change of control and the adjusted price paid in the transactions carried out on the B3 during this six-month period, as adjusted by the SELIC rate up until the payment date. </font></p><p style="margin: 12pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">The buyer of a controlling interest shall, after the financial settlement of the foregoing tender offer, take the appropriate actions to, over the course of the subsequent 18&nbsp;months, restore the minimum percentage of outstanding shares as per the rules of the <i>Novo Mercado</i>.</font></p><p style="margin: 0px; text-indent: 0px; font-size: 12pt; font-family: 'Times New Roman', serif;"><br></p><div><table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;" class="mce-item-table"><tr><td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>11</font></font></td></tr></table><hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr><div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div></div><p style="margin: 0px; text-indent: 0px;"><br></p><p style="margin-right: 0in; margin-left: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><b style="mso-bidi-font-weight: normal;"><font lang="EN-US" style="font-size: 10.0pt;">Acquisition of a Relevant Interest </font></b><font lang="EN-US" style="font-size: 10.0pt;"></font></p><p style="margin: 6pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">Any person, regardless of whether he/she is a shareholder, which, on his/her own account or acting jointly with another person, acquires our shares, through a single transaction or a series of successive transactions, representing 20% or more of our capital stock, is required to make a tender offer for the acquisition of the shares held by the remaining shareholders at a price equal to the highest value per share paid by him/her in the preceding six months, adjusted pursuant to the SELIC rate. Such persons will not be required to carry out a public tender offer in the event they timely and cumulatively sell on a stock exchange the number of our shares that exceeds such thresholds, within 30&nbsp;days from the date they provide notice to the Company of their intent to make such sales. In addition, the requirement to carry out a public tender offer will not apply in the event any shareholder or group of shareholders hold more than 50% of our capital stock at the time of acquisition of the relevant interest. </font></p><p style="margin: 9pt 0pt 0pt; font-size: 12pt; font-family: 'Times New Roman', serif; text-indent: 0pt;"><b style="mso-bidi-font-weight: normal;"><font lang="EN-US" style="font-size: 10.0pt;">Public Tender Offers </font></b><font lang="EN-US" style="font-size: 10.0pt;"></font></p><p style="margin: 6pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">A single public tender offer may be launched for more than one of the purposes provided for in our bylaws, the <i>Novo Mercado</i> Listing rules, the Brazilian Corporate Law or in the regulations issued by the CVM, provided that the procedures used when conducting the unified public tender offer are compatible with all requirements of each individual public tender offer, the public tender offers do not suffer any damages and the authorization of the CVM is obtained, when required by the applicable law.</font><b><font lang="EN-US" style="font-size: 10pt; color: #00b050; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;"></font></b></p><p style="margin: 9pt 0pt 0pt; font-size: 12pt; font-family: 'Times New Roman', serif; text-indent: 0pt;"><b style="mso-bidi-font-weight: normal;"><font lang="EN-US" style="font-size: 10.0pt;">Purchases of Our Shares by Us </font></b><b><font lang="en-US" style="font-size: 10.0pt; color: #00b050; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"></font></b></p><p style="margin: 6pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">Our Board of Directors may approve the acquisition of our shares by us. The acquisition of our shares for cancellation or maintenance in treasury may not, among other actions (i)&nbsp;result in a reduction of our share capital; (ii)&nbsp;require the use of resources greater than our retained earnings or reserves (other than the legal reserve, unrealized profit reserve, revaluation reserve, and special mandatory dividend reserves) as recorded in our most recent balance sheet; (iii)&nbsp;create, directly or indirectly, any artificial demand, supply or share price condition, or use any unfair practice as a result of any action or omission; (iv)&nbsp;be conducted during the course of a public tender offer for the purchase of our shares; or (v)&nbsp;be used to purchase shares not fully paid or held by our controlling shareholder. </font></p><p style="margin: 6pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">We cannot hold in treasury more than 10 percent of our total outstanding shares, including the shares held by our subsidiaries and affiliates. </font></p><p style="margin: 6pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">CVM Instruction No. 567 determines specific cases where the acquisition of our shares by the company itself must be approved by the shareholders&#8217; meeting. Moreover, subject to certain limitations, we may acquire or issue put options or call options related to our shares. </font></p><p align="center" style="margin: 13.5pt 0in 0in; text-align: center; font-size: 12pt; font-family: 'Times New Roman', serif;"><b><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">AMERICAN DEPOSITARY </font></b><b><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-language: #0400; mso-bidi-language: #0400;">SHARES</font></b></p><p style="margin: 6pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-language: #0400; mso-bidi-language: #0400;">The following description of Ultrapar&#8217;s ADSs is a summary and does not purport to be complete. This description is subject to and qualified in its </font><font lang="EN-US" style="font-size: 10.0pt;">entirety</font><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-language: #0400; mso-bidi-language: #0400;"> by reference to the amended and restated deposit agreement dated</font><font lang="EN-US" style="font-size: 10.0pt; letter-spacing: -.1pt;"> March&nbsp;2, 2018</font><font lang="EN-US" style="font-size: 10.0pt;"> <font style="letter-spacing: -.1pt;">between Ultrapar, The Bank of New York Mellon, as depositary (the &#8220;depositary&#8221;)</font></font><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-language: #0400; mso-bidi-language: #0400;"> and all owners and beneficial owners from time to time of the American depositary shares (&#8220;ADSs&#8221;) issued thereunder (the &#8220;deposit agreement&#8221;), including the form of ADRs. For more complete information, you should read the entire deposit agreement and the form of ADR. The form of deposit agreement (including the form of ADR) is incorporated by reference as [Exhibit 2.11] to the 2021 Form 20-F. As used in this section, &#8220;you&#8221; means an owner or beneficial owner of ADSs.</font><font lang="EN-US" style="font-size: 10.0pt;"></font></p><p style="margin: 0px; text-indent: 0px; font-size: 12pt; font-family: 'Times New Roman', serif;"><br></p><div><table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;" class="mce-item-table"><tr><td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>12</font></font></td></tr></table><hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr><div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div></div><b></b></div><div style="font-family: 'times new roman', times; font-size: 10pt; margin: 0px; text-indent: 0px;"><b><font lang="EN-US" style="font-size: 10.0pt; mso-bidi-font-style: italic;"><br></font></b></div><div style="font-family: 'times new roman', times; font-size: 10pt; margin: 0px; text-indent: 0px;"><b><font lang="EN-US" style="font-size: 10.0pt; mso-bidi-font-style: italic;">General</font></b><b style="mso-bidi-font-weight: normal;"><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-language: #0400; mso-bidi-language: #0400;"></font></b><p style="margin: 0pt;"><br></p><p style="margin: 6pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-language: #0400; mso-bidi-language: #0400;">The ADRs are </font><font lang="EN-US" style="font-size: 10.0pt;">listed</font><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-language: #0400; mso-bidi-language: #0400;"> and traded on the New York Stock Exchange. Our common shares are listed on the New York Stock Exchange n</font><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">ot for t</font><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-language: #0400; mso-bidi-language: #0400;">r</font><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">ading</font><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-language: #0400; mso-bidi-language: #0400;">, </font><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">but only in connection with the registration of the </font><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-language: #0400; mso-bidi-language: #0400;">ADS</font><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"> representing such </font><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-language: #0400; mso-bidi-language: #0400;">common</font><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"> shares, pursuant to the requirements of the SEC.</font><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-language: #0400; mso-bidi-language: #0400;"></font></p><p style="margin: 6pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-language: #0400; mso-bidi-language: #0400;">T</font><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">he depositary</font><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-language: #0400; mso-bidi-language: #0400;"> has executed and delivered, and may from time to time execute and deliver, </font><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">ADRs. Each ADR is a certificate </font><font lang="EN-US" style="font-size: 10.0pt;">representing</font><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"> a specific number of ADSs. Each ADS represent</font><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-language: #0400; mso-bidi-language: #0400;">s</font><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"> one common share (or a right to receive one common share) deposited with the principal S&#227;o Paulo office </font><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-language: #0400; mso-bidi-language: #0400;">of Ita&#250; Corretora de Valores S.A., as agent for the depositary</font><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">. Each ADS also represent any other securities, cash or other property, which may be held by the depositary. The depositary&#8217;s office at which the ADRs </font><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-language: #0400; mso-bidi-language: #0400;">are </font><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">administered </font><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-language: #0400; mso-bidi-language: #0400;">and its principal executive office </font><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">is located at 240 Greenwich Street, New York, New York 10286</font><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-language: #0400; mso-bidi-language: #0400;">.&nbsp;</font><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"></font></p><p style="margin: 6pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">You may hold ADSs either directly (by having an ADR registered in your name) or indirectly through your broker or other financial </font><font lang="EN-US" style="font-size: 10.0pt;">institution</font><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">. If you hold ADSs directly, you are an ADR holder. This description assumes you hold your ADSs directly. If you hold the ADSs indirectly, you must rely on the procedures of your broker or other financial institution to assert the rights of ADR holders described in this section. You should consult with your broker or financial institution to find out what those procedures are. </font></p><p style="margin: 6pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">As an ADR holder, we will not treat you as one of our shareholders and you will not have shareholder rights, which are governed by Brazilian </font><font lang="EN-US" style="font-size: 10.0pt;">law</font><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">. The depositary will be the holder of the shares underlying your ADSs. As a holder of ADRs, you will have ADR holder rights. </font><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-language: #0400; mso-bidi-language: #0400;">The deposit agreement</font><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"> set</font><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-language: #0400; mso-bidi-language: #0400;">s</font><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"> out the ADR holder rights as well as the rights and obligations of the depositary. New York law governs the </font><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-language: #0400; mso-bidi-language: #0400;">d</font><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">eposit </font><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-language: #0400; mso-bidi-language: #0400;">a</font><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">greement and the ADRs. </font></p><p style="margin: 0.25in 0in 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><b><font lang="EN-US" style="font-size: 10.0pt; mso-bidi-font-style: italic;">Dividends and Other Distributions </font></b><b><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"></font></b></p><p style="margin: 4.5pt 0in 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><b><i><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">How will you receive dividends and other distributions on the shares? </font></i></b></p><p style="margin: 6pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">The depositary has agreed to pay you the cash dividends or other distributions it or the custodian receives on shares or other deposited </font><font lang="EN-US" style="font-size: 10.0pt;">securities</font><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">, after deducting its fees and expenses. You will receive these distributions in proportion to the number of shares your ADSs represent. </font></p><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&nbsp;</font></p><table border="0" cellspacing="0" cellpadding="0" width="100%" style="width: 100%; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt;" class="mce-item-table"><tr style="mso-yfti-irow: 0; mso-yfti-firstrow: yes; mso-yfti-lastrow: yes;"><td width="4%" style="width: 4.0%; padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&nbsp;</font></p></td><td width="3%" valign="top" style="width: 3.0%; padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&#8226;</font></p></td><td width="1%" valign="top" style="width: 1.0%; padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&nbsp;</font></p></td><td valign="top" style="padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><b><i><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">Cash. </font></i></b><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">The depositary will convert any cash dividend or other cash distribution we pay on the shares into U.S. dollars, if it can do so on a reasonable basis and can transfer the U.S. dollars to the United States. If that is not possible, or if any government approval is needed and cannot be obtained, the deposit agreement allows the depositary to distribute the foreign currency only to those ADR holders to whom it is possible to do so. With respect to the foreign currency that is not distributed, the depositary may either (i)&nbsp;distribute such foreign currency to the ADR holder upon its request or (ii)&nbsp;hold the foreign currency for the account of the ADR holders who have not been paid. It will not invest the foreign currency and it will not be liable for any interest. <b><i></i></b></font></p></td></tr></table><p style="margin: 0px; font-size: 12pt; font-family: 'Times New Roman', serif; text-indent: 0px;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&nbsp;</font></p><div><table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;" class="mce-item-table"><tr><td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>13</font></font></td></tr></table><hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr><div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div></div><p style="margin: 6pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">Before making a distribution, the depositary will deduct any withholding taxes that must be paid. It will distribute only whole U.S. dollars and cents and will round fractional cents to the nearest whole cent. <i>If the exchange rates fluctuate during a time when the depositary cannot convert the foreign currency, you may lose some or all of the value of the distribution.</i></font></p><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&nbsp;</font></p><table border="0" cellspacing="0" cellpadding="0" width="100%" style="width: 100%; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt;" class="mce-item-table"><tr style="mso-yfti-irow: 0; mso-yfti-firstrow: yes; mso-yfti-lastrow: yes;"><td width="4%" style="width: 4.0%; padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&nbsp;</font></p></td><td width="3%" valign="top" style="width: 3.0%; padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&#8226;</font></p></td><td width="1%" valign="top" style="width: 1.0%; padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&nbsp;</font></p></td><td valign="top" style="padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><b><i><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">Shares. </font></i></b><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">The depositary, after consulting with us, may, and if we request, must, distribute additional ADSs representing any shares we distribute as a dividend or free distribution. The depositary will only distribute whole ADSs. It will try to sell shares which would require it to deliver a fractional ADS and distribute the net proceeds in the same way as it does with cash. The depositary may also sell a portion of the distributed shares to pay fees and expenses in connection with the distribution. If the depositary does not distribute additional ADRs, the outstanding ADSs will also represent the new shares. <b><i></i></b></font></p></td></tr></table><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&nbsp;</font></p><table border="0" cellspacing="0" cellpadding="0" width="100%" style="width: 100%; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt;" class="mce-item-table"><tr style="mso-yfti-irow: 0; mso-yfti-firstrow: yes; mso-yfti-lastrow: yes;"><td width="4%" style="width: 4.0%; padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&nbsp;</font></p></td><td width="3%" valign="top" style="width: 3.0%; padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&#8226;</font></p></td><td width="1%" valign="top" style="width: 1.0%; padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&nbsp;</font></p></td><td valign="top" style="padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><b><i><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">Rights to purchase additional shares.</font></i></b><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"> If we offer holders of our securities any rights to subscribe for additional shares, or any other rights, the depositary may, after consulting with us, make these rights available to you. If the depositary decides it is not legal and practical to make these rights available after consulting with us, it may sell the rights and distribute the proceeds in the same way it does with cash. The depositary will allow rights that are not distributed or sold to lapse. <i>In that case, you will receive no value for them.<b></b></i></font></p></td></tr></table><p style="margin: 6pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">If the depositary makes rights available to you, it will exercise the rights and acquire the shares on your behalf. The depositary will then deposit the shares and deliver ADSs to you. It will only exercise these rights if you pay the exercise price and any other charges the rights require you to pay. </font></p><p style="margin: 6pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">U.S. securities laws may restrict transfers and cancellation of the ADSs represented by shares purchased upon exercise of rights. </font><font lang="EN-US" style="font-size: 10.0pt;">For</font><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"> example, you may not be able to trade these ADSs freely in the United States. In this case, the depositary may deliver restricted depositary shares that have the same terms as the ADRs described in this section except for changes needed to put the necessary restrictions in place. </font></p><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&nbsp;</font></p><table border="0" cellspacing="0" cellpadding="0" width="100%" style="width: 100%; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt;" class="mce-item-table"><tr style="mso-yfti-irow: 0; mso-yfti-firstrow: yes; mso-yfti-lastrow: yes;"><td width="4%" style="width: 4.0%; padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&nbsp;</font></p></td><td width="3%" valign="top" style="width: 3.0%; padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&#8226;</font></p></td><td width="1%" valign="top" style="width: 1.0%; padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&nbsp;</font></p></td><td valign="top" style="padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><b><i><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">Other Distributions</font></i></b><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">. The depositary will, after consulting with us, send you anything else we distribute on deposited securities by any means it believes is legal, fair and practical. If it cannot make the distribution in that way, the depositary has a choice. It may decide to sell what we distributed and distribute the net proceeds, in the same way as it does with cash. Alternatively, it may decide to hold what we distributed, in which case ADSs will also represent the newly distributed property. The depositary may sell a portion of the distributed property to pay fees and expenses in connection with the distribution. <b><i></i></b></font></p></td></tr></table><p style="margin: 6pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">The depositary is not responsible if it decides that it is unlawful or impractical to make a distribution available to any ADR holders. </font><font lang="EN-US" style="font-size: 10.0pt;">We</font><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"> have no obligation to register ADSs, shares, rights or other securities under the Securities Act. We also have no obligation to&nbsp;take any other action to permit the distribution of ADRs, shares, rights or anything else to ADR holders. <i>This means that you may not receive the distributions we make on our shares or any value for them if it is illegal or impractical for us to make them available to you.</i></font></p><p style="margin: 0px; text-indent: 0px; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"><i></i></font><br></p><p style="margin: 8pt 0pt; font-size: 12pt; font-family: 'Times New Roman', serif; text-indent: 0pt;"><b><font lang="EN-US" style="font-size: 10.0pt; mso-bidi-font-style: italic;">Deposit and Withdrawal </font></b><b><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"></font></b></p><p style="margin: 8pt 0pt; font-size: 12pt; font-family: 'Times New Roman', serif; text-indent: 0pt;"><b><i><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">How are ADSs issued? </font></i></b></p><p style="margin: 6pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400; font-family: 'Times New Roman', serif;"><font lang="en-US">The depositary will deliver ADSs if you or your broker deposits shares or evidence of rights to receive shares with the custodian. Upon </font><font lang="EN-US">payment</font><font lang="en-US"> of its fees and expenses and of any taxes or charges, such as stamp taxes or stock transfer taxes or fees, the depositary will register the appropriate number of ADSs in the names you request and will deliver the ADRs at its office to the persons you request. </font></font></p><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10pt; margin: 6pt 0in 0in; text-indent: 24.5pt;"><font style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400; font-family: 'Times New Roman', serif;">&nbsp;</font></font></p><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><b><i><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">How do ADS holders cancel an ADR and obtain shares? </font></i></b></p><p style="margin: 6pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">You may surrender your ADRs at the depositary&#8217;s office. Upon payment of its fees and expenses and of any taxes or charges, such as </font><font lang="EN-US" style="font-size: 10.0pt;">stamp</font><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"> taxes or stock transfer taxes or fees, the depositary will deliver the shares&nbsp;and any other deposited securities underlying the ADR&nbsp;to you or a person you designate at the office of the custodian. Alternatively, at your request, risk and expense, the depositary will deliver the deposited securities at its office, if feasible.</font></p><div><table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;" class="mce-item-table"><tr><td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>14</font></font></td></tr></table><hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr><div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div></div><p style="margin: 0px; text-indent: 0px; font-size: 12pt; font-family: 'Times New Roman', serif;"><b style="font-size: 12pt;"><font lang="EN-US" style="font-size: 10.0pt; mso-bidi-font-style: italic;"><br></font></b></p><p style="margin: 0px; text-indent: 0px; font-size: 12pt; font-family: 'Times New Roman', serif;"><b style="font-size: 12pt;"><font lang="EN-US" style="font-size: 10.0pt; mso-bidi-font-style: italic;">Voting Rights</font></b><br></p><p style="margin: 4.5pt 0in 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><b><i><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">How do you vote? </font></i></b></p><p style="margin: 6pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">You may instruct the depositary to vote the number of shares your ADSs represent. The depositary will notify you of shareholders&#8217; meetings and arrange to deliver our voting materials to you if we ask it to. Those materials will describe the matters to be voted on and explain how you may instruct the depositary how to vote. For instructions to be valid, they must reach the depositary by the date set by the depositary. </font></p><p style="margin: 6pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">The depositary will try, as far as practical, subject to Brazilian law and the provisions of our organizational documents, to vote </font><font lang="EN-US" style="font-size: 10.0pt;">the</font><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"> number of shares, or other deposited securities represented by your ADSs, as you instruct. The depositary will only vote or attempt to vote as you instruct, or as described below. </font></p><p style="margin: 6pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">We cannot ensure that you will receive voting materials or otherwise learn of an upcoming shareholders&#8217; meeting in time to ensure that you can instruct the depositary to vote your shares. In addition, the depositary and its agents are not responsible for failing to carry out voting instructions or for the manner in which the voting instructions are carried out. This means that you may not be able to vote and you may have no recourse if your shares are not voted as you requested. </font></p><p style="margin: 6pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">If we asked the depositary to solicit your instructions and the depositary does not receive voting instructions from you by the </font><font lang="EN-US" style="font-size: 10.0pt;">specified</font><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"> date, it will consider you to have authorized and directed it to give a discretionary proxy to a person designated by us to vote the number of deposited securities represented by your ADSs. The depositary will give a discretionary proxy in those circumstances to vote on all questions to be voted upon. </font></p><p style="margin: 0.25in 0in 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><b><font lang="EN-US" style="font-size: 10.0pt; mso-bidi-font-style: italic;">Fees and Expenses </font></b><b><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"></font></b></p><p style="margin: 6pt 0in; text-indent: 24.4pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">The following table summarizes the fees and expenses payable by holders of ADSs:</font><font lang="EN-US">&nbsp;</font></p><div align="center"><table border="0" cellspacing="0" cellpadding="0" width="100%" style="width: 100%; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt;" class="mce-item-table"><tr style="mso-yfti-irow: 0; mso-yfti-firstrow: yes;"><td width="51%" style="width: 51.52%; padding: 0in 0in 0in 0in;"></td><td width="48%" style="width: 48.48%; padding: 0in 0in 0in 0in;"></td></tr><tr style="mso-yfti-irow: 1; page-break-inside: avoid;"><td width="51%" nowrap="nowrap" valign="bottom" style="width: 51.52%; padding: 0in 0in 0in 0in;"><p style="margin: 6pt 0in 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><b><font lang="EN-US" style="font-size: 10.0pt;">Persons depositing or withdrawing shares must pay:</font></b><font lang="EN-US" style="font-size: 10.0pt;"></font></p><div style="border-right: none; border-bottom: none; border-left: none; border-image: initial; border-top: 1pt solid windowtext; padding: 1pt 0in 0in;"><p style="margin: 1pt 0in 0in; font-size: 4pt; font-family: 'Times New Roman', serif; text-align: center; line-height: 1pt; border: none; padding: 0in;"><font lang="EN-US" style="font-size: 10.0pt;">&nbsp;</font></p></div></td><td width="48%" valign="bottom" style="width: 48.48%; padding: 0in 0in 0in .1in;"><p align="center" style="margin: 0in; text-align: center; font-size: 12pt; font-family: 'Times New Roman', serif;"><b><font lang="EN-US" style="font-size: 10.0pt;">For</font></b><font lang="EN-US" style="font-size: 10.0pt;"></font></p><div style="border-right: none; border-bottom: none; border-left: none; border-image: initial; border-top: 1pt solid windowtext; padding: 1pt 0in 0in;"><p style="margin: 0in; font-size: 4pt; font-family: 'Times New Roman', serif; text-align: center; line-height: 1pt; border: none; padding: 0in;"><font lang="EN-US" style="font-size: 10.0pt;">&nbsp;</font></p></div></td></tr><tr style="mso-yfti-irow: 2; page-break-inside: avoid;"><td valign="top" style="background: #CFF0FC; padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10pt; color: #000000;">$5.00 (or less) per 100 ADSs (or portion of 100 ADSs)</font><font lang="EN-US" style="font-size: 10.0pt;"></font></p></td><td valign="bottom" style="background: #CFF0FC; padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10pt; color: #000000;">(i) Issuance of ADSs, including issuances resulting from a distribution of shares or rights or other property</font><font lang="EN-US" style="font-size: 10.0pt;"></font></p><p style="margin: 0in 0in 1pt 12pt; text-indent: -12pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt; color: black; mso-color-alt: windowtext;">(ii) Cancellation of ADSs for the purpose of withdrawal, including if the Deposit Agreement terminates</font><font lang="EN-US" style="font-size: 10.0pt;"></font></p></td></tr><tr style="mso-yfti-irow: 3; page-break-inside: avoid;"><td valign="bottom" style="padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">$0.05 (or less) per ADSs</font></p></td><td valign="bottom" style="padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">Any cash distribution</font></p></td></tr><tr style="mso-yfti-irow: 4; page-break-inside: avoid;"><td valign="bottom" style="background: #CFF0FC; padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10pt; color: #000000;">A fee equivalent to the fee that would be payable if securities distributed to you had been shares and the shares had been deposited for issuance of ADSs</font><font lang="EN-US" style="font-size: 10.0pt;"></font></p></td><td valign="bottom" style="background: #CFF0FC; padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10pt; color: #000000;">Distribution of securities to holders of deposited securities which are distributed by the depositary to ADS holders</font><font lang="EN-US" style="font-size: 10.0pt;"></font></p></td></tr><tr style="mso-yfti-irow: 5; page-break-inside: avoid;"><td valign="top" style="background: #CFF0FC; padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10pt; color: #000000;">$0.05 (or less) per ADS (or portion thereof) per annum</font><font lang="EN-US" style="font-size: 10.0pt;"></font></p></td><td valign="top" style="background: #CFF0FC; padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10pt; color: #000000;">Depositary services </font><font lang="EN-US" style="font-size: 10.0pt;"></font></p></td></tr><tr style="mso-yfti-irow: 6; page-break-inside: avoid;"><td valign="top" style="padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">Registration or transfer fees</font></p></td><td valign="bottom" style="padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">Transfer and registration of shares on our share register to or from the name of the depositary or its agent when you deposit or withdraw shares</font></p></td></tr><tr style="mso-yfti-irow: 7; page-break-inside: avoid;"><td valign="top" style="background: #CFF0FC; padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10pt; color: #000000;">Expenses of the depositary</font><font lang="EN-US" style="font-size: 10.0pt;"></font></p></td><td valign="bottom" style="background: #CFF0FC; padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10pt; color: #000000;">(i) Cable(including SWIFT) and facsimile transmissions (when expressly provided in the deposit agreement)</font><font lang="EN-US" style="font-size: 10.0pt;"></font></p><p style="margin: 0in 0in 1pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10pt; color: #000000;">(ii) Converting foreign currency to U.S. dollars</font><font lang="EN-US" style="font-size: 10.0pt;"></font></p></td></tr><tr style="mso-yfti-irow: 8; page-break-inside: avoid;"><td valign="bottom" style="padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">Taxes and other governmental charges the depositary or the custodian have to pay on any ADS or share underlying an ADS, for example, stock transfer taxes, stamp duty or withholding taxes</font></p></td><td valign="bottom" style="padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10.0pt;">As necessary</font></p></td></tr><tr style="mso-yfti-irow: 9; mso-yfti-lastrow: yes; page-break-inside: avoid;"><td valign="bottom" style="background: #CFF0FC; padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10pt; color: #000000;">Any charges incurred by the depositary or its agents for servicing the deposited securities</font><font lang="EN-US" style="font-size: 10.0pt;"></font></p></td><td valign="bottom" style="background: #CFF0FC; padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="EN-US" style="font-size: 10pt; color: #000000;">As necessary</font><font lang="EN-US" style="font-size: 10.0pt;"></font></p></td></tr></table></div><p style="margin: 0px; text-indent: 0px; font-size: 12pt; font-family: 'Times New Roman', serif;"><br></p><div><table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;" class="mce-item-table"><tr><td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>15</font></font></td></tr></table><hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr><div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div></div><p style="margin: 0px; text-indent: 0px;"><br></p><p style="margin: 0pt; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">The depositary collects its fees for delivery and surrender of ADSs directly from investors depositing shares or surrendering ADSs for the purpose of withdrawal or from intermediaries acting for them. The depositary collects fees for </font><font lang="EN-US" style="font-size: 10.0pt;">making</font><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"> distributions to investors by deducting those fees from the amounts distributed or by selling a portion of distributable property to pay the fees. The depositary may collect its annual fee for depositary services through a deduction from cash distributions, by directly billing investors or by charging the book-entry system accounts of participants acting for them. The depositary may generally refuse to provide fee-attracting services until its fees for those services are paid. </font></p><p style="margin: 0.25in 0in 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><b><font lang="EN-US" style="font-size: 10.0pt; mso-bidi-font-style: italic;">Payment of Taxes </font></b><b><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"></font></b></p><p style="margin: 6pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">The depositary may deduct the amount of any taxes owed from any payments to </font><font lang="EN-US" style="font-size: 10.0pt;">investors who hold ADSs</font><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">. It may also sell deposited securities, by public or private sale, to pay any taxes owed. </font><font lang="EN-US" style="font-size: 10.0pt;">Investors who hold ADSs </font><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">will remain liable if the proceeds of the sale are not sufficient to pay the </font><font lang="EN-US" style="font-size: 10.0pt;">taxes</font><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">. If the depositary sells deposited securities, it will, if appropriate, reduce the number of ADSs to reflect the sale and pay to </font><font lang="EN-US" style="font-size: 10.0pt;">investors who hold ADSs </font><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">any proceeds, or send </font><font lang="EN-US" style="font-size: 10.0pt;">investors who hold ADSs </font><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">any property, remaining after it has paid the taxes. </font></p><div align="center"><table border="0" cellspacing="0" cellpadding="0" width="100%" style="width: 100%; border-collapse: collapse; margin: 0px; text-indent: 0px; font-family: 'times new roman'; font-size: 10pt;" class="mce-item-table"><tr style="mso-yfti-irow: 0; mso-yfti-firstrow: yes;"><td width="51%" style="width: 51.0%; padding: 0in 0in 0in 0in;"><p style="margin: 0.25in 0in 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><b><font lang="EN-US" style="font-size: 10.0pt; mso-bidi-font-style: italic;">Reclassifications, Recapitalizations and Mergers </font></b></p></td><td width="2%" valign="bottom" style="width: 2.0%; padding: 0in 0in 0in 0in;"><p style="margin: 0.25in 0in 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><b><font lang="EN-US" style="font-size: 10.0pt; mso-bidi-font-style: italic;">&nbsp;</font></b></p></td><td width="47%" style="width: 47.0%; padding: 0in 0in 0in 0in;"><p style="margin: 0.25in 0in 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><b><font lang="EN-US" style="font-size: 10.0pt; mso-bidi-font-style: italic;">&nbsp;</font></b></p></td></tr><tr style="mso-yfti-irow: 1;"><td nowrap="nowrap" valign="bottom" style="border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid black; padding: 0in;"><p style="margin: 6pt 0in 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><b><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">If we:</font></b></p></td><td valign="bottom" style="padding: 0in 0in 0in 0in;"><p style="margin: 6pt 0in 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><b><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&nbsp;&nbsp;</font></b></p></td><td valign="bottom" style="border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid black; padding: 0in;"><p style="margin: 6pt 0in 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><b><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">Then:</font></b></p></td></tr><tr style="mso-yfti-irow: 2; mso-yfti-lastrow: yes;"><td valign="top" style="padding: 0in 0in 0in 0in;"><p style="margin: 0in 0in 0in 24pt; text-indent: -24pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&#8226;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Change the par value of our shares</font></p><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&nbsp;</font></p><p style="margin: 0in 0in 0in 24pt; text-indent: -24pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&#8226;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Reclassify, split up or consolidate any of the deposited securities</font></p><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&nbsp;</font></p><p style="margin: 0in 0in 0in 24pt; text-indent: -24pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&#8226;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Distribute securities on the shares that are not distributed to you</font></p><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&nbsp;</font></p><p style="margin: 0px; text-indent: 0px; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&#8226;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Recapitalize, reorganize, merge, liquidate, sell all or substantially all of our assets, or take any similar action</font></p></td><td valign="bottom" style="padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&nbsp;&nbsp;</font></p></td><td valign="top" style="padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">The cash, shares or other securities received by the depositary will become deposited securities. Each ADS will automatically represent its equal share of the new deposited securities.</font></p><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&nbsp;</font></p><p style="margin: 0in 0in 0.75pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">The depositary may distribute some or all of the cash, shares or other securities it received. It may also deliver new ADRs or ask you to surrender your outstanding ADRs in exchange for new ADRs identifying the new deposited securities.</font></p></td></tr></table></div><p style="margin: 0.25in 0in 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><b><font lang="EN-US" style="font-size: 10.0pt; mso-bidi-font-style: italic;">Amendment and Termination </font></b><b><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"></font></b></p><p style="margin: 4.5pt 0in 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><b><i><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">How may the deposit agreement be amended? </font></i></b></p><p style="margin: 6pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">We may agree with the depositary to amend the deposit agreement and the ADRs without your consent for any reason. If an amendment adds or increases fees or charges, except for taxes and other governmental charges or expenses of the depositary for registration fees, facsimile costs, delivery charges or similar items, or prejudices a substantial right of ADR holders, it will not become effective for outstanding ADRs until 30 days after the depositary notifies ADR holders of the amendment. At the time an amendment becomes effective, you are considered, by continuing to hold your ADR, to agree to the amendment and to be bound by the ADRs and the deposit agreement as amended. </font></p><p style="margin: 0px; font-size: 12pt; font-family: 'Times New Roman', serif; text-indent: 0px;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&nbsp;</font></p><div><table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;" class="mce-item-table"><tr><td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>16</font></font></td></tr></table><hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr><div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div></div><p style="margin: 0px; font-size: 12pt; font-family: 'Times New Roman', serif; text-indent: 0px;"><b><i><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"><br></font></i></b></p><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><b><i><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">How may the deposit agreement be terminated? </font></i></b></p><p style="margin: 6pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">The depositary will terminate the deposit agreement if we ask it to do so. The depositary may also terminate the deposit agreement if the depositary has told us that it would like to resign and we have not appointed a new depositary bank within 60 days. In either case, the depositary must notify you at least 30 days before termination. </font></p><p style="margin: 6pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">After termination, the depositary and its agents&#8217; actions under the deposit agreement will be limited to the following: (1)&nbsp;advise you that the deposit agreement is terminated, (2)&nbsp;collect distributions on the deposited securities (3)&nbsp;sell rights and other property, and (4)&nbsp;deliver shares and other deposited securities upon cancellation of ADRs. One year or more after termination, the depositary may sell any remaining deposited securities by public or private sale. After that, the depositary will hold the money it received from the sale, as well as any other cash it is holding under the deposit agreement for the pro rata benefit of the ADR holders that have not surrendered their ADRs. It will not invest the money and has no liability for interest. The depositary&#8217;s only obligations will be to account for the money and other cash. After termination of the deposit agreement our only obligations will be to indemnify the depositary and to pay fees and expenses of the depositary that we agreed to pay.</font></p><p style="margin: 0px; text-indent: 0px; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"><br></font></p><p style="margin: 0px; font-size: 12pt; font-family: 'Times New Roman', serif; text-indent: 0px;"><b><font lang="EN-US" style="font-size: 10.0pt; mso-bidi-font-style: italic;">Limitations on Obligations and Liability </font></b><b><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"></font></b></p><p style="margin: 6pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">The deposit agreement expressly limits our obligations and the obligations of the depositary. It also limits our liability and </font><font lang="EN-US" style="font-size: 10.0pt;">the</font><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"> liability of the depositary. We and the depositary: </font></p><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&nbsp;</font></p><table border="0" cellspacing="0" cellpadding="0" width="100%" style="width: 100%; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt;" class="mce-item-table"><tr style="mso-yfti-irow: 0; mso-yfti-firstrow: yes; mso-yfti-lastrow: yes;"><td width="4%" style="width: 4.0%; padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&nbsp;</font></p></td><td width="3%" valign="top" style="width: 3.0%; padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&#8226;</font></p></td><td width="1%" valign="top" style="width: 1.0%; padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&nbsp;</font></p></td><td valign="top" style="padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">are only obligated to take the actions specifically set forth in the deposit agreement without negligence or bad faith; </font></p></td></tr></table><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&nbsp;</font></p><table border="0" cellspacing="0" cellpadding="0" width="100%" style="width: 100%; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt;" class="mce-item-table"><tr style="mso-yfti-irow: 0; mso-yfti-firstrow: yes; mso-yfti-lastrow: yes;"><td width="4%" style="width: 4.0%; padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&nbsp;</font></p></td><td width="3%" valign="top" style="width: 3.0%; padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&#8226;</font></p></td><td width="1%" valign="top" style="width: 1.0%; padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&nbsp;</font></p></td><td valign="top" style="padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">are not liable if either of us is prevented or delayed by law or circumstances beyond our control from performing our obligations under the deposit agreement; </font></p></td></tr></table><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&nbsp;</font></p><table border="0" cellspacing="0" cellpadding="0" width="100%" style="width: 100%; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt;" class="mce-item-table"><tr style="mso-yfti-irow: 0; mso-yfti-firstrow: yes; mso-yfti-lastrow: yes;"><td width="4%" style="width: 4.0%; padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&nbsp;</font></p></td><td width="3%" valign="top" style="width: 3.0%; padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&#8226;</font></p></td><td width="1%" valign="top" style="width: 1.0%; padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&nbsp;</font></p></td><td valign="top" style="padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">are not liable if either of us exercises discretion permitted under the deposit agreement; </font></p></td></tr></table><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&nbsp;</font></p><table border="0" cellspacing="0" cellpadding="0" width="100%" style="width: 100%; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt;" class="mce-item-table"><tr style="mso-yfti-irow: 0; mso-yfti-firstrow: yes; mso-yfti-lastrow: yes;"><td width="4%" style="width: 4.0%; padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&nbsp;</font></p></td><td width="3%" valign="top" style="width: 3.0%; padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&#8226;</font></p></td><td width="1%" valign="top" style="width: 1.0%; padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&nbsp;</font></p></td><td valign="top" style="padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">have no obligation to become involved in a lawsuit or other proceeding related to the ADRs or the deposit agreement on your behalf or on behalf of any other person unless it is indemnified on a basis satisfactory to it; and </font></p></td></tr></table><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&nbsp;</font></p><table border="0" cellspacing="0" cellpadding="0" width="100%" style="width: 100%; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt;" class="mce-item-table"><tr style="mso-yfti-irow: 0; mso-yfti-firstrow: yes; mso-yfti-lastrow: yes;"><td width="4%" style="width: 4.0%; padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&nbsp;</font></p></td><td width="3%" valign="top" style="width: 3.0%; padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&#8226;</font></p></td><td width="1%" valign="top" style="width: 1.0%; padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&nbsp;</font></p></td><td valign="top" style="padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">may rely upon any documents we believe in good faith to be genuine and to have been signed or presented by the proper party. </font></p></td></tr></table><p style="margin: 6pt 0in 0in; font-size: 12pt; font-family: 'Times New Roman', serif; text-indent: 24.5pt;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400; font-family: 'Times New Roman', serif;">In the deposit agreement, we agree to indemnify the depositary for acting as depositary, except for losses caused by the depositary&#8217;s own negligence or bad faith, and the depositary agrees to indemnify us for losses resulting from its negligence or bad faith.</font></p><p style="margin: 0px; font-size: 12pt; font-family: 'Times New Roman', serif; text-indent: 0px;"><br></p><div><table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;" class="mce-item-table"><tr><td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>17</font></font></td></tr></table><hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr><div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div></div><p style="margin: 0px; text-indent: 0px;"><br></p><p style="margin: 0px; font-size: 12pt; font-family: 'Times New Roman', serif; text-indent: 0px;"><b><font lang="EN-US" style="font-size: 10.0pt; mso-bidi-font-style: italic;">Requirements for Depositary Actions </font></b><b><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"></font></b></p><p style="margin: 6pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">Before the </font><font lang="EN-US" style="font-size: 10.0pt;">depositary</font><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"> will deliver or register a transfer of an ADR, make a distribution on an ADR, or permit withdrawal of shares or other property, the depositary may require:</font></p><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&nbsp;</font></p><table border="0" cellspacing="0" cellpadding="0" width="100%" style="width: 100%; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; height: 77px;" class="mce-item-table"><tr style="height: 30px;"><td width="4%" style="width: 4%; padding: 0in; height: 30px;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&nbsp;</font></p></td><td width="3%" valign="top" style="width: 3%; padding: 0in; height: 30px;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&#8226;</font></p></td><td width="1%" valign="top" style="width: 1%; padding: 0in; height: 30px;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&nbsp;</font></p></td><td valign="top" style="padding: 0in; height: 30px;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">payment of stock transfer or other taxes or other governmental charges and transfer or registration fees charged by third parties for the transfer of any shares or other deposited securities; </font></p></td></tr><tr style="height: 23px;"><td width="4%" style="width: 4%; padding: 0in; height: 23px;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&nbsp;</font></p></td><td width="3%" valign="top" style="width: 3%; padding: 0in; height: 23px;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&#8226;</font></p></td><td width="1%" valign="top" style="width: 1%; padding: 0in; height: 23px;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&nbsp;</font></p></td><td valign="top" style="padding: 0in; height: 23px;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">satisfactory proof of the identity and authenticity of any signature or other information it deems necessary; and </font></p></td></tr><tr style="height: 24px;"><td style="width: 4%; padding: 0in; height: 24px;"><br></td><td style="width: 3%; padding: 0in; height: 24px;"><font style="color: #000000; font-family: 'Times New Roman', serif; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#8226;</font></td><td style="width: 1%; padding: 0in; height: 24px;"><br></td><td style="padding: 0in; height: 24px;"><font style="color: #000000; font-family: 'Times New Roman', serif; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">compliance with regulations it may establish, from time to time, consistent with the deposit agreement, including presentation of transfer documents.</font></td></tr></table><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&nbsp;</font></p><p style="margin: 6pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">The depositary may refuse to deliver ADRs or register transfers of ADRs generally when the transfer books of the depositary or </font><font lang="EN-US" style="font-size: 10.0pt;">our</font><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"> transfer books are closed or at any time if the depositary or we think it advisable to do so. </font></p><p style="margin: 0.25in 0in 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><b><font lang="EN-US" style="font-size: 10.0pt; mso-bidi-font-style: italic;">Your Right to Receive the Shares Underlying your ADRs </font></b><b><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"></font></b></p><p style="margin: 6pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">You have the right to cancel your ADRs and withdraw the underlying shares at any time except: </font></p><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&nbsp;</font></p><table border="0" cellspacing="0" cellpadding="0" width="100%" style="width: 100%; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt;" class="mce-item-table"><tr style="mso-yfti-irow: 0; mso-yfti-firstrow: yes; mso-yfti-lastrow: yes;"><td width="4%" style="width: 4.0%; padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&nbsp;</font></p></td><td width="3%" valign="top" style="width: 3.0%; padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&#8226;</font></p></td><td width="1%" valign="top" style="width: 1.0%; padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&nbsp;</font></p></td><td valign="top" style="padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">When temporary delays arise because: (i)&nbsp;the depositary has closed its transfer books or we have closed our transfer books; (ii)&nbsp;the transfer of shares is blocked to permit voting at a shareholders&#8217; meeting; or (iii)&nbsp;we are paying a dividend on our shares. </font></p></td></tr></table><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&nbsp;</font></p><table border="0" cellspacing="0" cellpadding="0" width="100%" style="width: 100%; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt;" class="mce-item-table"><tr style="mso-yfti-irow: 0; mso-yfti-firstrow: yes; mso-yfti-lastrow: yes;"><td width="4%" style="width: 4.0%; padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&nbsp;</font></p></td><td width="3%" valign="top" style="width: 3.0%; padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&#8226;</font></p></td><td width="1%" valign="top" style="width: 1.0%; padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&nbsp;</font></p></td><td valign="top" style="padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">When you owe money to pay fees, taxes or similar charges. </font></p></td></tr></table><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&nbsp;</font></p><table border="0" cellspacing="0" cellpadding="0" width="100%" style="width: 100%; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt;" class="mce-item-table"><tr style="mso-yfti-irow: 0; mso-yfti-firstrow: yes; mso-yfti-lastrow: yes;"><td width="4%" style="width: 4.0%; padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&nbsp;</font></p></td><td width="3%" valign="top" style="width: 3.0%; padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&#8226;</font></p></td><td width="1%" valign="top" style="width: 1.0%; padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">&nbsp;</font></p></td><td valign="top" style="padding: 0in 0in 0in 0in;"><p style="margin: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">When it is necessary to prohibit withdrawals in order to comply with any laws or governmental regulations that apply to ADRs or to the withdrawal of shares or other deposited securities. </font></p></td></tr></table><p style="margin: 6pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">This right of </font><font lang="EN-US" style="font-size: 10.0pt;">withdrawal</font><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"> may not be limited by any other provision of the deposit agreement. </font></p><p style="margin: 0.25in 0in 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><b><font lang="EN-US" style="font-size: 10.0pt; mso-bidi-font-style: italic;">Pre-release of ADRs </font></b><b><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"></font></b></p><p style="margin: 6pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">The deposit agreement permits the depositary to deliver ADRs before deposit of the underlying shares, which is referred to as a pre-release of the ADR. The depositary may also deliver shares upon surrender of pre-released ADRs (even if the ADRs are surrendered before the pre-release transaction has been closed out). A pre-release is closed out as soon as the underlying shares are delivered to the depositary. The depositary may receive ADRs instead of </font><font lang="EN-US" style="font-size: 10.0pt;">shares</font><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"> to close out a pre-release. The depositary may pre-release ADRs only under the following conditions: (i)&nbsp;before or at the time of the pre-release, the person to whom the pre-release is being made represents to the depositary in writing that it or its customer owns the shares or ADRs to be deposited; (ii)&nbsp;the pre-release is fully collateralized with cash or other collateral that the depositary considers appropriate; (iii)&nbsp;the depositary must be able to close out the pre-release on not more than five business days&#8217; notice and (iv)&nbsp;any other indemnities and credit regulations are provided in which the depositary may deem necessary. In addition, the depositary will limit the number of ADSs that may be outstanding at any time as a result of pre-release, although the depositary may disregard the limit from time to time, if it thinks it is appropriate to do so. </font></p><p style="margin: 0.25in 0in 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><b><font lang="EN-US" style="font-size: 10.0pt; mso-bidi-font-style: italic;">Shareholder communications; inspection of register of holders of ADSs </font></b><b><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"></font></b></p><p style="margin: 6pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;">The depositary will make available for your inspection at its office all communications that it receives from us as a holder of deposited securities that we make generally available to holders of deposited securities. The depositary will send you </font><font lang="EN-US" style="font-size: 10.0pt;">copies</font><font lang="en-US" style="font-size: 10.0pt; mso-ansi-language: #0400; mso-fareast-language: #0400; mso-bidi-language: #0400;"> of those communications if we ask it to. You have a right to inspect the register of holders of ADSs, but not for the purpose of contacting those holders about a matter unrelated to our business or the ADSs.&nbsp;</font></p></div></div></body></html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-4.8
<SEQUENCE>24
<FILENAME>ex48_2.htm
<DESCRIPTION>EXHIBIT 4.8
<TEXT>
<html><body><div><div style="font-family: 'times new roman', times; font-size: 10pt;">
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: right; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">Exhibit 4.8 </font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
<p style="text-align: justify; margin: 0in 0in 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, 'sans-serif';"><font style="font-family: 'times new roman', times; font-size: 10pt;"><b><font lang="EN-US" style="line-height: 107%;">English Language Summary of the Extrafarma Share Purchase and Sale Agreement, dated May 18, 2021</font></b></font></p>
<p style="text-align: justify; margin: 0in 0in 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, 'sans-serif';"><font style="font-family: 'times new roman', times; font-size: 10pt;"><b style="mso-bidi-font-weight: normal;"><font lang="EN-US" style="line-height: 107%;">Parties to the Agreement and Purchased Shares</font></b></font></p>
<p style="text-align: justify; margin: 0in 0in 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, 'sans-serif';"><font lang="EN-US" style="font-size: 10pt; line-height: 107%; font-family: 'times new roman', times;">On May 18, 2021, Ipiranga Produtos de Petr&#243;leo S/A (&#8220;<u>Seller</u>&#8221;), together with Ultrapar Participa&#231;&#245;es S/A (&#8220;<u>Ultrapar</u>&#8221;), as Intervening Party, entered into the Sale and Purchase Agreement of Shares and Other Covenants (&#8220;<u>SPA</u>&#8221;) for the sale of up to the entirety of the Seller&#8217;s equity interest in Imifarma Produtos Farmac&#234;uticos e Cosm&#233;ticos S/A (&#8220;<u>Extrafarma</u>&#8221;) to Empreendimentos Pague Menos S/A (&#8220;<u>Buyer</u>&#8221;) (&#8220;<u>Sale</u>&#8221;).&nbsp;&nbsp;</font></p>
<p style="text-align: justify; margin: 0in 0in 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, 'sans-serif';"><font style="font-family: 'times new roman', times; font-size: 10pt;"><b><font lang="EN-US" style="line-height: 107%;">Purchase Price&nbsp;</font></b></font></p>
<p style="text-align: justify; margin: 0in 0in 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, 'sans-serif';"><font lang="EN-US" style="font-size: 10pt; line-height: 107%; font-family: 'times new roman', times;">Pursuant to the SPA, the total purchase price is R$600,103,385.88 (six hundred million, one hundred and three thousand, three hundred and eighty-five Brazilian <i style="mso-bidi-font-style: normal;">reais</i> and eighty-eight cents), which shall be paid in three installments, with 50% of the total purchase price to be paid on the closing date of the Sale and 25% of the total purchase price to be paid on each of the first and the second anniversary of the closing date of the Sale. </font></p>
<p style="text-align: justify; margin: 0in 0in 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, 'sans-serif';"><font lang="EN-US" style="font-size: 10pt; line-height: 107%; font-family: 'times new roman', times;">The purchase price is subject to (i) a preliminary price adjustment, to occur up to 5 (five) business days before the closing date of the Sale based on each of the estimated working capital and the estimated net debt of Extrafarma as set forth in the estimated balance sheet dated the closing date of the Sale to be furnished by the Seller to the Buyer, and (ii) a final price adjustment, to occur up to 90 (ninety) days after the closing date of the Sale, based on each of the estimated working capital and the estimated net debt of Extrafarma as set forth in the estimated balance sheet dated the closing date of the Sale to be prepared by the Buyer.</font></p>
<p style="text-align: justify; margin: 0in 0in 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, 'sans-serif';"><font style="font-family: 'times new roman', times; font-size: 10pt;"><b><font lang="EN-US" style="line-height: 107%;">Representations and Warranties</font></b></font></p>
<p style="text-align: justify; margin: 0in 0in 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, 'sans-serif';"><font lang="EN-US" style="font-size: 10pt; line-height: 107%; font-family: 'times new roman', times;">The SPA includes market standard representations and warranties provided by each of the Seller, Extrafarma and the Buyer, including, but not limited to, (i) the constitution, valid existence and good standing of each of the Seller, Extrafarma, and the Buyer, (ii) the validity and enforceability of the SPA, (iii) the legal capacity and the absence of consents needed for the execution of the SPA, (iv) the financial capacity of the Buyer, (v) the Seller&#8217;s clear title to the shares sold under the SPA and compliance with the procedures related to the exercise of Ultrapar&#8217;s shareholders&#8217; preemptive rights to purchase such shares, (vi) Extrafarma&#8217;s articles of association, accounts, books and financial statements; (vii) the absence of existing defaults, (viii) Extrafarma&#8217;s assets, (ix) litigation, (x) intellectual property, (xi) administrative authorizations and licenses, (xii) environmental matters; and (xiii) other matters related to Extrafarma&#8217;s business and operations.</font></p>
<p style="text-align: justify; break-after: avoid; margin: 0in 0in 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, 'sans-serif';"><font style="font-family: 'times new roman', times; font-size: 10pt;"><b><font lang="EN-US" style="line-height: 107%;">Conditions Precedent for Closing</font></b></font></p>
<p style="text-align: justify; margin: 0in 0in 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, 'sans-serif';"><font lang="EN-US" style="font-size: 10pt; line-height: 107%; font-family: 'times new roman', times;">Pursuant to the SPA, the closing of the Sale is subject to certain conditions precedent, including: (i) the approval of the Sale by the Brazilian antitrust authorities (<i style="mso-bidi-font-style: normal;">Conselho Administrativo de Defesa Econ&#244;mica </i>(CADE); (ii) the performance of all obligations undertaken by the parties under the SPA; (iii) the accuracy of all representations and warranties made by the parties, in all material aspects, as of each of the execution date of the SPA and the closing date of the Sale; (iv) the absence of any law, regulation or order preventing the consummation of the Sale as of its closing date; (v) the consummation of Extrafarma&#8217;s corporate reorganization as set forth in the SPA; (vii) the non-occurrence of any material adverse event, as set forth in the SPA; (viii) the exercise of certain preemptive rights of the shareholders of Ultrapar not resulting in their equity interest being in excess of 15% of Extrafarma&#8217;s share capital following the closing of the Sale; and (ix) the obtainment by Extrafarma of all third party material consents to carry out the transaction.</font></p>
<p style="text-align: justify; margin: 0in 0in 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, 'sans-serif';"><font style="font-family: 'times new roman', times; font-size: 10pt;"><b><font lang="EN-US" style="line-height: 107%;">Dispute Resolution, Jurisdiction and Governing Law</font></b></font></p>
<p style="text-align: justify; margin: 0in 0in 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, 'sans-serif';"><font lang="EN-US" style="font-size: 12.0pt; line-height: 107%; font-family: 'Times New Roman','serif'; mso-ansi-language: EN-US; mso-bidi-font-weight: bold;"><font style="font-family: 'times new roman', times; font-size: 10pt;">All disputes or controversies arising out of, relating to or entered into in connection with SPA, shall be finally settled pursuant to and in accordance with the laws of Brazil and are subject to arbitration the Brazilian stock exchange B3 S.A. &#8211; <i style="mso-bidi-font-style: normal;">Brasil, Bolsa, Balc&#227;o</i> (<i style="mso-bidi-font-style: normal;">C&#226;mara de Arbitragem do Mercado</i>). Pursuant to the SPA, the seat of arbitration shall be S&#227;o Paulo, State of S&#227;o Paulo, Brazil and the arbitration proceeding shall be conducted in Portuguese.</font></font></p>
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-12.1
<SEQUENCE>25
<FILENAME>ex121_4.htm
<DESCRIPTION>EXHIBIT 12.1
<TEXT>
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<p align="right" style="margin: 0in 0in 0.0001pt; text-align: right; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><b><font lang="PT-BR" style="font-size: 10.0pt; mso-ansi-language: PT-BR;">Exhibit 12.1 </font></b><font lang="PT-BR" style="font-size: 10.0pt; mso-ansi-language: PT-BR;"></font></p>
<p style="margin: 6pt 0in 0in; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="PT-BR" style="font-size: 10.0pt; mso-ansi-language: PT-BR;">Ultrapar Participa&#231;&#245;es S.A. and Subsidiaries </font></p>
<p style="margin: 6pt 0in 0in; break-after: avoid; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><b><font lang="EN-US" style="font-size: 10.0pt;">CERTIFICATION PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002 </font></b><font lang="EN-US" style="font-size: 10.0pt;"></font></p>
<p style="margin: 6pt 0in 0in; break-after: avoid; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="PT-BR" style="font-size: 10.0pt; mso-ansi-language: PT-BR;">I, Marcos Marinho Lutz, certify that: </font></p>
<p style="margin: 6pt 0in 0in 48.95pt; text-indent: -24.5pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="EN-US" style="font-size: 10.0pt;">1.<font style="mso-tab-count: 1;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>I have reviewed this annual report on Form 20-F of ULTRAPAR PARTICIPA&#199;&#213;ES S.A. (the &#8220;Company&#8221;); </font></p>
<p style="margin: 6pt 0in 0in 48.95pt; text-indent: -24.5pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="EN-US" style="font-size: 10.0pt;">2.<font style="mso-tab-count: 1;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; </font></p>
<p style="margin: 6pt 0in 0in 48.95pt; text-indent: -24.5pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="EN-US" style="font-size: 10.0pt;">3.<font style="mso-tab-count: 1;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the Company as of, and for, the periods presented in this report; </font></p>
<p style="margin: 6pt 0in 0in 48.95pt; text-indent: -24.5pt; break-after: avoid; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="EN-US" style="font-size: 10.0pt;">4.<font style="mso-tab-count: 1;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>The Company&#8217;s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the Company and have: </font></p>
<p style="margin: 6pt 0in 0in 79.55pt; text-indent: -24.5pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="EN-US" style="font-size: 10.0pt;">a)<font style="mso-tab-count: 1;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the Company, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; </font></p>
<p style="margin: 6pt 0in 0in 79.55pt; text-indent: -24.5pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="EN-US" style="font-size: 10.0pt;">b)<font style="mso-tab-count: 1;">&nbsp; &nbsp; &nbsp; &nbsp;</font>Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; </font></p>
<p style="margin: 6pt 0in 0in 79.55pt; text-indent: -24.5pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="EN-US" style="font-size: 10.0pt;">c)<font style="mso-tab-count: 1;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>Evaluated the effectiveness of the Company&#8217;s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and </font></p>
<p style="margin: 6pt 0in 0in 79.55pt; text-indent: -24.5pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="EN-US" style="font-size: 10.0pt;">d)<font style="mso-tab-count: 1;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>Disclosed in this report any change in the Company&#8217;s internal control over financial reporting that occurred during the period covered by the annual report that has materially affected, or is reasonably likely to materially affect, the Company&#8217;s internal control over financial reporting; and </font></p>
<p style="margin: 6pt 0in 0in 48.95pt; text-indent: -24.5pt; break-after: avoid; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="EN-US" style="font-size: 10.0pt;">5.<font style="mso-tab-count: 1;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>The Company&#8217;s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the Company&#8217;s independent registered public accounting firm and to the audit committee of the Company&#8217;s Board of Directors (or persons performing the equivalent function): </font></p>
<p style="margin: 6pt 0in 0in 79.55pt; text-indent: -24.5pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="EN-US" style="font-size: 10.0pt;">a)<font style="mso-tab-count: 1;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the Company&#8217;s ability to record, process, summarize and report financial information; and </font></p>
<p style="margin: 6pt 0in 0in 79.55pt; text-indent: -24.5pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="EN-US" style="font-size: 10.0pt;">b)<font style="mso-tab-count: 1;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>Any fraud, whether or not material, that involves management or other employees who have a significant role in the Company&#8217;s internal control over financial reporting. </font></p>
<p style="margin: 0.25in 0in 0in; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="PT-BR" style="font-size: 10.0pt; mso-ansi-language: PT-BR;">Date: <font style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;">May 10, 2022</font> </font></p>
<p style="margin: 6pt 0in 0in; break-after: avoid; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><b><font lang="PT-BR" style="font-size: 10.0pt; mso-ansi-language: PT-BR;">ULTRAPAR PARTICIPA&#199;&#213;ES S.A. </font></b><font lang="PT-BR" style="font-size: 10.0pt; mso-ansi-language: PT-BR;"></font></p>
<p style="margin: 0in 0in 0.0001pt; break-after: avoid; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="PT-BR" style="mso-ansi-language: PT-BR;">&nbsp;</font></p>
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<p style="margin: 0in 0in 0.0001pt; break-after: avoid; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="EN-US" style="font-size: 10.0pt;">By:</font><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-theme-font: minor-fareast;"></font></p>
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<td valign="top" style="border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1px solid black; padding: 0in; width: 27.092%;">
<p align="center" style="text-align: center; margin: 0in 0in 0.0001pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="PT-BR" style="font-size: 10.0pt; mso-ansi-language: PT-BR;">/</font><font lang="PT-BR" style="font-size: 7.5pt; mso-ansi-language: PT-BR;">S</font><font lang="PT-BR" style="font-size: 10.0pt; mso-ansi-language: PT-BR;">/ M</font><font lang="PT-BR" style="font-size: 7.5pt; mso-ansi-language: PT-BR;">ARCOS</font><font lang="PT-BR" style="font-size: 10.0pt; mso-ansi-language: PT-BR;"> M</font><font lang="PT-BR" style="font-size: 7.5pt; mso-ansi-language: PT-BR;">ARINHO</font><font lang="PT-BR" style="font-size: 10.0pt; mso-ansi-language: PT-BR;"> L</font><font lang="PT-BR" style="font-size: 7.5pt; mso-ansi-language: PT-BR;">UTZ</font><font lang="PT-BR" style="font-size: 10.0pt; mso-ansi-language: PT-BR;"> </font></p>
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<p style="margin: 0in 0in 0.0001pt; break-after: avoid; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="EN-US" style="font-size: 10.0pt;">Name:</font><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-theme-font: minor-fareast;"></font></p>
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<p align="center" style="text-align: center; margin: 0in 0in 0.0001pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><b><font lang="EN-US" style="font-size: 8.0pt;">Marcos Marinho Lutz</font></b><font lang="EN-US" style="font-size: 8.0pt;"></font></p>
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<p style="margin: 0in 0in 0.0001pt; break-after: avoid; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="EN-US" style="font-size: 10.0pt;">Title:</font><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-theme-font: minor-fareast;"></font></p>
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<p align="center" style="text-align: center; margin: 0in 0in 0.0001pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="EN-US" style="font-size: 10.0pt;">Chief Executive Officer</font></p>
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-12.2
<SEQUENCE>26
<FILENAME>ex122_5.htm
<DESCRIPTION>EXHIBIT 12.2
<TEXT>
<html><body><div><div style="font-family: 'times new roman', times; font-size: 10pt;">
<p align="right" style="margin: 0in 0in 0.0001pt; text-align: right; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><b><font lang="EN-US" style="font-size: 10.0pt;">Exhibit 12.2 </font></b><font lang="EN-US" style="font-size: 10.0pt;"></font></p>
<p style="margin: 6pt 0in 0in; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="PT-BR" style="font-size: 10.0pt; mso-ansi-language: PT-BR;">Ultrapar Participa&#231;&#245;es S.A. and Subsidiaries </font></p>
<p style="margin: 6pt 0in 0in; break-after: avoid; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><b><font lang="EN-US" style="font-size: 10.0pt;">CERTIFICATION PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002 </font></b><font lang="EN-US" style="font-size: 10.0pt;"></font></p>
<p style="margin: 6pt 0in 0in; break-after: avoid; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="PT-BR" style="font-size: 10.0pt; mso-ansi-language: PT-BR;">I, Rodrigo de Almeida Pizzinatto, certify that: </font></p>
<p style="margin: 6pt 0in 0in 48.95pt; text-indent: -24.5pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="EN-US" style="font-size: 10.0pt;">1.<font style="mso-tab-count: 1;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>I have reviewed this annual report on Form 20-F of ULTRAPAR PARTICIPA&#199;&#213;ES S.A. (the &#8220;Company&#8221;); </font></p>
<p style="margin: 6pt 0in 0in 48.95pt; text-indent: -24.5pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="EN-US" style="font-size: 10.0pt;">2.<font style="mso-tab-count: 1;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; </font></p>
<p style="margin: 6pt 0in 0in 48.95pt; text-indent: -24.5pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="EN-US" style="font-size: 10.0pt;">3.<font style="mso-tab-count: 1;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the Company as of, and for, the periods presented in this report; </font></p>
<p style="margin: 6pt 0in 0in 48.95pt; text-indent: -24.5pt; break-after: avoid; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="EN-US" style="font-size: 10.0pt;">4.<font style="mso-tab-count: 1;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>The Company&#8217;s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the Company and have: </font></p>
<p style="margin: 6pt 0in 0in 79.55pt; text-indent: -24.5pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="EN-US" style="font-size: 10.0pt;">a)<font style="mso-tab-count: 1;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the Company, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; </font></p>
<p style="margin: 6pt 0in 0in 79.55pt; text-indent: -24.5pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="EN-US" style="font-size: 10.0pt;">b)<font style="mso-tab-count: 1;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; </font></p>
<p style="margin: 6pt 0in 0in 79.55pt; text-indent: -24.5pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="EN-US" style="font-size: 10.0pt;">c)<font style="mso-tab-count: 1;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>Evaluated the effectiveness of the Company&#8217;s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and </font></p>
<p style="margin: 6pt 0in 0in 79.55pt; text-indent: -24.5pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="EN-US" style="font-size: 10.0pt;">d)<font style="mso-tab-count: 1;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>Disclosed in this report any change in the Company&#8217;s internal control over financial reporting that occurred during the period covered by the annual report that has materially affected, or is reasonably likely to materially affect, the Company&#8217;s internal control over financial reporting; and </font></p>
<p style="margin: 6pt 0in 0in 48.95pt; text-indent: -24.5pt; break-after: avoid; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="EN-US" style="font-size: 10.0pt;">5.<font style="mso-tab-count: 1;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>The Company&#8217;s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the Company&#8217;s independent registered public accounting firm and to the audit committee of the Company&#8217;s Board of Directors (or persons performing the equivalent function): </font></p>
<p style="margin: 6pt 0in 0in 79.55pt; text-indent: -24.5pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="EN-US" style="font-size: 10.0pt;">a)<font style="mso-tab-count: 1;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the Company&#8217;s ability to record, process, summarize and report financial information; and </font></p>
<p style="margin: 6pt 0in 0in 79.55pt; text-indent: -24.5pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="EN-US" style="font-size: 10.0pt;">b)<font style="mso-tab-count: 1;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>Any fraud, whether or not material, that involves management or other employees who have a significant role in the Company&#8217;s internal control over financial reporting. </font></p>
<p style="margin: 0.25in 0in 0in; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="PT-BR" style="font-size: 10.0pt; mso-ansi-language: PT-BR;">Date: <font style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;">May 10, 2022</font> </font></p>
<p style="margin: 6pt 0in 0in; break-after: avoid; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><b><font lang="PT-BR" style="font-size: 10.0pt; mso-ansi-language: PT-BR;">ULTRAPAR PARTICIPA&#199;&#213;ES S.A. </font></b><font lang="PT-BR" style="font-size: 10.0pt; mso-ansi-language: PT-BR;"></font></p>
<p style="margin: 0in 0in 0.0001pt; break-after: avoid; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="PT-BR" style="mso-ansi-language: PT-BR;">&nbsp;</font></p>
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<p style="margin: 0in 0in 0.0001pt; break-after: avoid; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="EN-US" style="font-size: 10.0pt;">By:</font><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-theme-font: minor-fareast;"></font></p>
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<p align="center" style="text-align: center; margin: 0in 0in 0.0001pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="PT-BR" style="font-size: 10.0pt; mso-ansi-language: PT-BR;">/</font><font lang="PT-BR" style="font-size: 7.5pt; mso-ansi-language: PT-BR;">S</font><font lang="PT-BR" style="font-size: 10.0pt; mso-ansi-language: PT-BR;">/ R</font><font lang="PT-BR" style="font-size: 7.5pt; mso-ansi-language: PT-BR;">ODRIGO DE</font><font lang="PT-BR" style="font-size: 10.0pt; mso-ansi-language: PT-BR;"> A</font><font lang="PT-BR" style="font-size: 7.5pt; mso-ansi-language: PT-BR;">LMEIDA</font><font lang="PT-BR" style="font-size: 10.0pt; mso-ansi-language: PT-BR;"> P</font><font lang="PT-BR" style="font-size: 7.5pt; mso-ansi-language: PT-BR;">IZZINATTO</font><font lang="PT-BR" style="font-size: 10.0pt; mso-ansi-language: PT-BR;"></font></p>
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<p style="margin: 0in 0in 0.0001pt; break-after: avoid; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="EN-US" style="font-size: 10.0pt;">Name:</font><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-theme-font: minor-fareast;"></font></p>
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<p style="margin: 0in 0in 0.0001pt; break-after: avoid; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="EN-US" style="font-size: 10.0pt;">Title:</font><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-theme-font: minor-fareast;"></font></p>
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<p align="center" style="text-align: center; margin: 0in 0in 0.0001pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="EN-US" style="font-size: 10.0pt;">Chief&nbsp;Financial&nbsp;and&nbsp;Investor&nbsp;Relations&nbsp;Officer</font></p>
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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-4.9
<SEQUENCE>27
<FILENAME>ex49_3.htm
<DESCRIPTION>EXHIBIT 4.9
<TEXT>
<html><body><div><div style="font-family: 'times new roman', times; font-size: 10pt;">
<div>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: right; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">Exhibit 4.9</font></p>
<div style="border-bottom-color: #000000; border-bottom-style: double; border-bottom-width: 1.5pt; border-top-color: #000000; border-top-style: double; border-top-width: 1.5pt; margin: 8pt 0pt;">
<p style="line-height: 16pt; margin: 0pt; padding-bottom: 8pt; padding-top: 1pt; text-align: center;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><br></p>
<p style="line-height: 16pt; margin: 0pt; padding-bottom: 8pt; text-align: center;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold; text-transform: uppercase;">Share Purchase Agreement</font></p>
<p style="line-height: 16pt; margin: 0pt; padding-bottom: 8pt; text-align: center;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font></p>
<p style="line-height: 16pt; margin: 0pt; padding-bottom: 8pt; text-align: center;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">entered into by and between</font></p>
<p style="line-height: 16pt; margin: 0pt; padding-bottom: 8pt; text-align: center;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold; text-transform: uppercase;">Ultrapar Participa&#231;&#245;es S.A.</font></p>
<p style="line-height: 16pt; margin: 0pt; padding-bottom: 8pt; text-align: center;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">and</font></p>
<p style="line-height: 16pt; margin: 0pt; padding-bottom: 8pt; text-align: center;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">TEREFT&#193;LICOS IND&#218;STRIA E PARTICIPA&#199;&#213;ES LTDA.</font></p>
<p style="line-height: 16pt; margin: 0pt; padding-bottom: 8pt; text-align: center;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">and</font></p>
<p style="line-height: 16pt; margin: 0pt; padding-bottom: 8pt; text-align: center;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">INDORAMA VENTURES SPAIN SOCIEDAD LIMITADA</font></p>
<p style="line-height: 16pt; margin: 0pt; padding-bottom: 8pt; text-align: center;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">and, as consenting intervener and subject to certain obligations in accordance herewith, </font></p>
<p style="line-height: 16pt; margin: 0pt; padding-bottom: 8pt; text-align: center;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold; text-transform: uppercase;">Oxiteno S.A. &#8211; Ind&#250;stria e Com&#233;rcio</font></p>
<p style="line-height: 16pt; margin: 0pt; padding-bottom: 8pt; text-align: center;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold; text-transform: uppercase;">Oxiteno USA, LLC</font></p>
<p style="line-height: 16pt; margin: 0pt; padding-bottom: 8pt; text-align: center;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold; text-transform: uppercase;">Oxiteno Mexico S.A., de C.V.</font></p>
<p style="line-height: 16pt; margin: 0pt; padding-bottom: 8pt; text-align: center;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">and</font></p>
<p style="line-height: 16pt; margin: 0pt; padding-bottom: 8pt; text-align: center;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold; text-transform: uppercase;">Oxiteno Uruguay S.A.</font></p>
<p style="line-height: 16pt; margin: 0pt; padding-bottom: 8pt; text-align: center;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">and, as consenting interveners and guarantors of all of Buyers&#8217; obligations in accordance herewith,</font></p>
<p style="line-height: 16pt; margin: 0pt; padding-bottom: 8pt; text-align: center;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold; text-transform: uppercase;">INDORAMA VENTURES PUBLIC COMPANY LIMITED; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">and</font></p>
<p style="line-height: 16pt; margin: 0pt; padding-bottom: 8pt; text-align: center;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">INDORAMA VENTURES POL&#205;MEROS S.A. </font></p>
<p style="line-height: 16pt; margin: 0pt; padding-bottom: 8pt; text-align: center;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font></p>
<p style="line-height: 16pt; margin: 0pt; padding-bottom: 8pt; text-align: center;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">on</font></p>
<p style="line-height: 16pt; margin: 0pt; padding-bottom: 8pt; text-align: center;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-variant: small-caps; font-weight: bold;">&nbsp;</font></p>
<p style="line-height: 16pt; margin: 0pt; padding-bottom: 8pt; text-align: center;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">August 15, 2021</font></p>
<p style="line-height: 16pt; margin: 0pt; padding-bottom: 1pt; text-align: center;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-variant: small-caps; font-weight: bold;">&nbsp;</font></p>
</div>
<div>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
&#8203;
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<td style="font-size: 11pt; width: 91.9052%;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#" name="TOC"></a>
<h4 style="vertical-align: middle; text-align: center;"><font style="color: #000000; font-family: 'Palatino Linotype'; font-size: 14.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: small-caps; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Summary</font></h4>
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<td style="font-size: 11pt; width: 7.93132%;"><br></td>
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<td style="font-family: 'Palatino Linotype'; margin-left: 0.1px; font-size: 11pt; padding: 0px 0px 10px; width: 91.9052%;"><a href="#B10_0727OMGS3K00000000000000000000">1.&nbsp; Definitions and Interpretation</a></td>
<td style="font-family: 'Palatino Linotype'; margin-left: 0.1px; font-size: 11pt; padding: 0px 0px 10px; width: 7.93132%; text-align: right;">2</td>
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<td style="font-family: 'Palatino Linotype'; margin-left: 0.1px; font-size: 11pt; padding: 0px 0px 10px; width: 91.9052%;"><a href="#B20_GU4R8PK87K00000000000000000000">2.&nbsp; Investment; Purchase and Sale; and Price</a></td>
<td style="font-family: 'Palatino Linotype'; margin-left: 0.1px; font-size: 11pt; padding: 0px 0px 10px; width: 7.93132%; text-align: right;">3</td>
</tr>
<tr>
<td style="font-family: 'Palatino Linotype'; margin-left: 0.1px; font-size: 11pt; padding: 0px 0px 10px; width: 91.9052%;"><a href="#B30_Q48PXR3AGW00000000000000000000">3.&nbsp; Conditions Precedent</a></td>
<td style="font-family: 'Palatino Linotype'; margin-left: 0.1px; font-size: 11pt; padding: 0px 0px 10px; width: 7.93132%; text-align: right;">9</td>
</tr>
<tr>
<td style="font-family: 'Palatino Linotype'; margin-left: 0.1px; font-size: 11pt; padding: 0px 0px 10px; width: 91.9052%;"><a href="#B40_ZAMW0J41G000000000000000000000">4.&nbsp; Capital Increase; and ROFR Condition</a></td>
<td style="font-family: 'Palatino Linotype'; margin-left: 0.1px; font-size: 11pt; padding: 0px 0px 10px; width: 7.93132%; text-align: right;">11</td>
</tr>
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<td style="font-family: 'Palatino Linotype'; margin-left: 0.1px; font-size: 11pt; padding: 0px 0px 10px; width: 91.9052%;"><a href="#B50_J4LM5UENHS00000000000000000000">5.&nbsp; Pre-Closing Covenants</a></td>
<td style="font-family: 'Palatino Linotype'; margin-left: 0.1px; font-size: 11pt; padding: 0px 0px 10px; width: 7.93132%; text-align: right;">16</td>
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<td style="font-family: 'Palatino Linotype'; margin-left: 0.1px; font-size: 11pt; padding: 0px 0px 10px; width: 91.9052%;"><a href="#B60_ZVYLJZ65RK00000000000000000000">6.&nbsp; Closing</a></td>
<td style="font-family: 'Palatino Linotype'; margin-left: 0.1px; font-size: 11pt; padding: 0px 0px 10px; width: 7.93132%; text-align: right;">32</td>
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<tr>
<td style="font-family: 'Palatino Linotype'; margin-left: 0.1px; font-size: 11pt; padding: 0px 0px 10px; width: 91.9052%;"><a href="#B70_RIV09ID41C00000000000000000000">7.&nbsp; Representations and Warranties by Seller</a></td>
<td style="font-family: 'Palatino Linotype'; margin-left: 0.1px; font-size: 11pt; padding: 0px 0px 10px; width: 7.93132%; text-align: right;">36</td>
</tr>
<tr>
<td style="font-family: 'Palatino Linotype'; margin-left: 0.1px; font-size: 11pt; padding: 0px 0px 10px; width: 91.9052%;"><a href="#B80_RQR452H8AO00000000000000000000">8.&nbsp; Representations and Warranties by Buyers</a></td>
<td style="font-family: 'Palatino Linotype'; margin-left: 0.1px; font-size: 11pt; padding: 0px 0px 10px; width: 7.93132%; text-align: right;">54</td>
</tr>
<tr>
<td style="font-family: 'Palatino Linotype'; margin-left: 0.1px; font-size: 11pt; padding: 0px 0px 10px; width: 91.9052%;"><a href="#B90_5EQQLYSNK000000000000000000000">9.&nbsp; Other Covenants</a></td>
<td style="font-family: 'Palatino Linotype'; margin-left: 0.1px; font-size: 11pt; padding: 0px 0px 10px; width: 7.93132%; text-align: right;">57</td>
</tr>
<tr>
<td style="font-family: 'Palatino Linotype'; margin-left: 0.1px; font-size: 11pt; padding: 0px 0px 10px; width: 91.9052%;"><a href="#B100_XS8N6HONPC00000000000000000000">10.&nbsp; Indemnification</a></td>
<td style="font-family: 'Palatino Linotype'; margin-left: 0.1px; font-size: 11pt; padding: 0px 0px 10px; width: 7.93132%; text-align: right;">66</td>
</tr>
<tr>
<td style="font-family: 'Palatino Linotype'; margin-left: 0.1px; font-size: 11pt; padding: 0px 0px 10px; width: 91.9052%;"><a href="#B111_ETOCNCVDOG00000000000000000000">11.&nbsp; Term and Termination</a></td>
<td style="font-family: 'Palatino Linotype'; margin-left: 0.1px; font-size: 11pt; padding: 0px 0px 10px; width: 7.93132%; text-align: right;">76</td>
</tr>
<tr>
<td style="font-family: 'Palatino Linotype'; margin-left: 0.1px; font-size: 11pt; padding: 0px 0px 10px; width: 91.9052%;"><a href="#B121_B8C60PNVSG00000000000000000000">12.&nbsp; General Provisions</a></td>
<td style="font-family: 'Palatino Linotype'; margin-left: 0.1px; font-size: 11pt; padding: 0px 0px 10px; width: 7.93132%; text-align: right;">78</td>
</tr>
<tr>
<td style="font-family: 'Palatino Linotype'; margin-left: 0.1px; font-size: 11pt; padding: 0px 0px 10px; width: 91.9052%;"><a href="#B131_SPUB5H9QV400000000000000000000">13.&nbsp; Applicable Law; Execution; Dispute Resolution</a></td>
<td style="font-family: 'Palatino Linotype'; margin-left: 0.1px; font-size: 11pt; padding: 0px 0px 10px; width: 7.93132%; text-align: right;">83</td>
</tr>

</table>
<p style="line-height: 16pt; margin: 0px; text-align: justify; text-indent: 0px;"><br></p>
<p style="line-height: 16pt; margin: 0px; text-align: center; text-indent: 0px;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">** ** **</font></p>
<p style="line-height: 16pt; margin: 0px; text-align: justify; text-indent: 0px;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font></p>
<div><hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p><br></p>
</div>
<p style="margin: 0px; text-indent: 0px; text-align: center;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-align: justify;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold; text-align: center;">SHARE PURCHASE AGREEMENT</font></p>
<div>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">This instrument is made by and between,&nbsp;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(a)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold; text-transform: uppercase;">Ultrapar Participa&#231;&#245;es S.A.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">,</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-variant: small-caps; font-weight: bold;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">a corporation duly organized and existing under the laws of the Federative Republic of Brazil, with head office at Avenida Brigadeiro Lu&#237;s Ant&#244;nio No. 1343, 9</font><font style="font-family: 'Palatino Linotype'; font-size: 7.33pt; vertical-align: super;">th</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> floor, Bela Vista, 01317-910, S&#227;o Paulo/SP, Brazil, enrolled with CNPJ under No. 33,256,439/0001-39 (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Seller</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;), herein represented according to its bylaws; and</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(b)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">TEREFT&#193;LICOS IND&#218;STRIA E PARTICIPA&#199;&#213;ES LTDA</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">,</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-variant: small-caps; font-weight: bold;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">a limited liability company duly organized and existing under the laws of the Federative Republic of Brazil, with head office at </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Fazenda S&#227;o Francisco s/n&#176;, parte I</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">13140-971</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Paul&#237;nia/SP, Brazil</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, enrolled with CNPJ under No. </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">62.411</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.707/0001-48</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">TIP</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;), herein represented by its representatives according to its </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">articles of incorporation</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">;&nbsp;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(c)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">INDORAMA VENTURES SPAIN SOCIEDAD LIMITADA</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">a limited liability company duly organized and existing under the laws of</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> Spain, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">with head office at </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Poligono Industrial Guadarranque, S/N, 11360 San Roque, Cadiz, Spain, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">enrolled with CNPJ under No. 30.279.489/0001-43, herein represented by its representatives according to its </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">articles of incorporation</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">IVS</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221; and, together with TIP, the &#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Buyers</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;);</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(Seller and Buyers are hereafter referred collectively as the &#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Parties</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;, and individually as a &#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Party</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;)</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">And, as consenting interveners and subject to certain obligations in accordance herewith,</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(d)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold; text-transform: uppercase;">Oxiteno S.A. &#8211; Ind&#250;stria e Com&#233;rcio</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-variant: small-caps; font-weight: bold;">, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">a corporation duly organized and existing under the laws of the Federative Republic of Brazil, with head office at </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Avenida Brigadeiro Lu&#237;s Ant&#244;nio No. 1343, 7</font><font style="font-family: 'Palatino Linotype'; font-size: 7.33pt; vertical-align: super;">th</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> floor, part A, suite 6, Bela Vista, CEP 01317-910, S&#227;o Paulo/SP, Brazil, enrolled with CNPJ under No. 62,545,686/0001-53 (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Company</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, herein represented according to its bylaws</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(e)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">OXITENO USA, LLC</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, a company with head office at 3200 Southwest Freeway, Suite 1200, Houston, Texas, 77027, USA (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Oxiteno US</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;), </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">herein represented by its representatives according to its </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">articles of incorporation;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(f)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">OXITENO MEXICO S.A., DE C.V.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, a corporation duly organized and existing under the laws of M&#233;xico as per notarial instrument 97,863 dated August 7, 2003, executed before Mr. Cecilio Gonzalez Marquez, Notary Public 151 for the Federal District (today Mexico City), recorded in the Registry of Commerce of said city under commerce file 311,695 (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Oxiteno Mexico</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;), </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">herein represented according to its bylaws</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">; and</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(g)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">OXITENO URUGUAY S.A.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, a corporation duly organized and existing under the laws of Uruguay as per Single Tax Registry of the General Tax Directorate</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> No. 210001020013, with head office at Carmino Carlos A L&#243;pez, No. 5940, Montevid&#233;u, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Uruguay</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Oxiteno Uruguay</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221; and, jointly with Oxiteno US, Oxiteno Mexico and Oxiteno Uruguay, the &#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Intervening Companies</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;), </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">herein represented according to its bylaws;</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">And, as consenting interveners and guarantors of all of Buyers&#8217; obligations in accordance herewith,</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(h)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">INDORAMA VENTURES PUBLIC COMPANY LIMITED,</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-variant: small-caps; font-weight: bold;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">a public company duly organized and existing under the laws of Thailand, with head office at </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">75/102 Ocean Tower 2, 37th Floor, Asoke Road, Klongtoey Nuer, Wattana, Bangkok 10110, Thailand</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">IVPCL</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;), herein represented by its representatives according to its </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">bylaws</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">; and</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(i)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">INDORAMA VENTURES POL&#205;MEROS S.A.,</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-variant: small-caps; font-weight: bold;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">a corporation duly organized and existing under the laws of the Federative Republic of Brazil, with head office at </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Rodovia PE-60, Km 10 &#8211; Engenho Massangana, SUAPE, TDR &#8211; Sul S/N&#186;, Complexo Industrial Portu&#225;rio, 55590-000</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Ipojuca/PE, Brazil</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> enrolled with CNPJ under No. </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">07.079.511/0001-90</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">IVP</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221; and, jointly with IVPCL, the &#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Guarantors</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;), herein represented by its representatives according to its </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">bylaws</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">;&nbsp;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-variant: small-caps; font-weight: bold;">Whereas:</font></p>
<ol type="I" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold; line-height: 16pt; list-style-position: inside; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">The Company and its subsidiaries are engaged in the business of manufacturing, exporting and importing chemical and petrochemical products, including ethylene oxide and other petroleum derivatives</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">;</font></li>
<li style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold; line-height: 16pt; list-style-position: inside; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Seller is, and will be at Closing (without</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> giving effect to the shares to be issued under the Capital Increase), the legal owner of 100% of the total issued and outstanding common shares of the Company, with no par value (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Shares</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;);</font></li>
<li style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold; line-height: 16pt; list-style-position: inside; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Seller wishes to approve a capital increase of the Company;</font></li>
<li style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold; line-height: 16pt; list-style-position: inside; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Seller wishes to sell all the Shares; and</font></li>
<li style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold; line-height: 16pt; list-style-position: inside; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">S</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">ubject to the right of first refusal in favor of Seller&#8217;s shareholders provided in article 253, I and II, of the Corporation Law, Buyers</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> wish to (a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">subscribe for all the new Shares of the Company (with the characteristics set forth in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule A</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> hereof), to be issued pursuant to the Capital Increase, as defined in Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">4.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> below) that are not subscribed for pursuant to the above mentioned right of first refusal (the &#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Available New Shares</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;), and (b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">acquire all the existing Shares that are not acquired pursuant to the above mentioned right of first refusal (the &#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Available Existing Shares</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;).</font></li>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-variant: small-caps; font-weight: bold;">Now, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-variant: small-caps; font-weight: bold;">Therefore</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-variant: small-caps; font-weight: bold;">,</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> the Parties enter into this Share Purchase Agreement (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Agreement</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;), on the following terms and conditions:&nbsp;&nbsp;</font></p>
<h1 style="line-height: 16pt; margin: 8pt 0pt; page-break-after: avoid; text-align: justify; text-indent: 0pt;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" name="B10_0727OMGS3K00000000000000000000" class="customBookmark"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-variant: small-caps; font-weight: bold; text-decoration: underline;">Definitions and Interpretation</font></a></h1>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">1.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Definitions.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> As used in this Agreement, terms written with the initial letter in the upper case have the meaning given to them in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">1.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">1.2.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Interpretation.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> The Parties agree that: (a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the headings and titles of the provisions of this Agreement are for convenience of reference only and do not limit or affect the meaning of the sections, subsections or items to which they apply; (b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">whenever required by the context, the definitions contained in this Agreement apply in both the singular and the plural, and the neuter gender shall include the masculine and feminine genders, and vice-versa, and the masculine gender shall include the feminine, and vice versa; (c)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">references to any Laws, documents or instruments shall include all amendments, changes, substitutions, consolidations and supplements thereto, unless this Agreement expressly states otherwise; (d)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">unless otherwise expressly established in this Agreement, references to Sections, subsections, items, and Schedules are to Sections, subsections, items, and Schedules of this Agreement; references to this Agreement shall include the provisions of all of its Sections and Schedules; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">and the information disclosed in any specific Schedule of this Agreement shall be deemed to relate to and to qualify only the particular representation or warranty set forth in the corresponding Section of this Agreement, except to the extent that</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">such information is cross-referenced in another Section or Schedule</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">; (e)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">unless otherwise expressly established in this Agreement, all references to either of the Parties include its successors, beneficiaries, representatives and permitted assigns of any kind; (f)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">as used in this Agreement, the word &#8220;including&#8221; and like words and expressions, followed by any statement, term, or general subject matter shall not be interpreted so as to limit the immediately following statement, term, or general subject matter, but instead shall be treated as a reference to all other things and matters that could reasonably fall within the scope of the statement, term, or general subject matter, as if it had been accompanied by the expression &#8220;for the purposes of illustration&#8221;; (g)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the words such as &#8220;herein&#8221;, &#8220;hereinafter&#8221;, &#8220;hereof&#8221; and &#8220;hereunder&#8221; refer to this Agreement as a whole and not merely to a subdivision in which such words appear unless the context otherwise requires; (h) whenever a Portuguese term is used in this Agreement, the Portuguese term shall prevail over the corresponding English term; (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">unless otherwise provided herein, all references to a fixed time of a day shall mean S&#227;o Paulo, local time, observing, if applicable, the local daylight saving time (DST); (j)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the computation of a time period hereunder (including expressed in Business Days) shall be made in accordance with article 132 of the Brazilian Civil Code. Unless otherwise provided herein, all periods of time shall be calculated in calendar days; and (k)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Parties have participated jointly in the negotiation and drafting of this Agreement and, in the event an ambiguity or question of intent or interpretation arises, this Agreement shall be construed as jointly drafted by the Parties and no presumption or burden of proof will arise favoring or disfavoring any Party by virtue of the authorship of any provision of this Agreement.</font></p>
<h1 style="line-height: 16pt; margin: 8pt 0pt; page-break-after: avoid; text-align: justify; text-indent: 0pt;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" name="B20_GU4R8PK87K00000000000000000000" class="customBookmark"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">2.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-variant: small-caps; font-weight: bold; text-decoration: underline;">Investment; Purchase and Sale</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-variant: small-caps; font-weight: bold; text-decoration: underline;">; and Price</font></a></h1>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">2.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Investment; Purchase and Sale.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> Subject to the satisfaction or waiver of the Conditions Precedent, on the Closing Date, (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Company will issue and deliver, and Buyers will subscribe for and receive the Available New Shares, free and clear of all </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Liens (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Investment</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;), and (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Seller will sell and transfer, and Buyers will purchase and receive, the Available Existing Shares, fully paid in and free and clear of all Liens (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Share Purchase and Sale</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;).</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> The Parties acknowledge and agree that Buyers are jointly and severally liable for all the obligations with respect to the consummation of the Investment and the Share Purchase and Sale, any of which may be carried out by any of them, individually, at Buyers sole discretion, which shall be communicated by Buyers to Seller in advance of Closing and/or set forth in a closing memorandum to be entered between the Parties; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">provided</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, in any case, that after Closing the Company shall be directly Controlled and more than 50% of its corporate capital owned by TIP</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">2.2.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Subscription Price per Share. </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">The</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">subscription price per Available New Share to be paid to the Company is </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the equivalent in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">BRL (in accordance herewith) to USD</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">17.8358</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Subscription Price per Share</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;).</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">2.3.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Payment of the Subscription Price.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> On the Closing Date (with due regard to Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">12.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> below), Buyers shall pay-in to the Company, in consideration for the subscription of all Available New Shares</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, an amount in BRL equal to the result of (x)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Subscription Price per Share, as converted in BRL by the Pre-Closing Exchange Rate, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">multiplied</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> by (y)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the number of Available New Shares</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, free and clear from any withholding, deduction or retention on account of Taxes and/or expenses of whatsoever nature (for which Buyer is responsible for) (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">IVL Subscription Price</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;), by wire transfer of immediately available funds (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">transfer&#234;ncia eletr&#244;nica dispon&#237;vel</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> &#8211; TED) to the Company&#8217;s bank account identified in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">2.3</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> or other bank account in Brazil appointed by the Company no later than 3 Business Days prior to the Closing Date</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">2.4.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Purchase Price.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> The base purchase price </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">per Available Existing Share </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">to be paid to Seller is the equivalent in BRL (in accordance herewith) to USD</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">17.8358</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Base Purchase Price per Share</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;), which has been determined based on the Company&#8217;s Base Net Debt as reflected in the Consolidated Financial Statements, and based on the Company&#8217;s Base Working Capital, all calculated in accordance with the Accounting</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> Principle</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">s</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">(</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">)</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">. </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">X</font><font style="background-color: #000000; 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font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">) </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&#8217;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">(</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX,XXX,XXX.XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">) </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> (</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX,XXX,XXX.XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">) </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">x</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">2.4.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">No later than 5 Business Days prior to the Closing Date, the Company, with the supervision of Seller, shall prepare and deliver to Buyers an estimated statement based on the projected Company&#8217;s consolidated financial statements for the Closing Date (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Estimated Financial Statement</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;) reflecting the Company&#8217;s good faith calculations of (a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the estimated consolidated Working Capital as of the Closing Date (in USD, which conversion from BRL to USD shall be made in accordance with </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">2.4</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Estimated Working Capital</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;), (b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the estimated consolidated Net Debt as of the Closing Date (in USD, which conversion from BRL to USD shall be made in accordance with </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">2.4</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">) (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Estimated Net Debt</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;), (c)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the purchase price per Share in USD, calculated in accordance with </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">2.4</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, with due regard to Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">5.11.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> and </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Accounting Principles</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> taking into account the differences between the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Estimated Working Capital and the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Base Working Capital and between the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Estimated Net Debt </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">and Base Net Debt </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Estimated </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Purchase </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Price</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;"> per Share</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;), and (d)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Estimated Purchase Price per Share </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">multiplied</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> by all the Available Existing Shares (in USD), calculated pursuant to the previous item.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> The Estimated Financial Statement shall be prepared based upon the Books and Records of the Company in accordance with the Accounting Principles and the definitions provided in this Agreement.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> Buyers shall be entitled to analyze, in good faith, the Estimated Working Capital and Estimated Net Debt within 3 Business Days as delivery thereof and discuss with Seller and propose reasonable changes, provided that Seller may accept or not such changes at its sole discretion and that such discussions shall not delay Closing.</font></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno">4</font></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">2.4.1.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">For the sake of clarity, the Estimated Purchase Price per Share </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">shall be an amount equal to </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Base Purchase Price per Share, (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic; text-decoration: underline;">minus</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the amount per Share, if any, by which the Estimated Net Debt exceeds the Base Net Debt, or </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic; text-decoration: underline;">plus</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the amount per Share, if any, by which the Estimated Net Debt is lower than the Base Net Debt, (iii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">minus </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the amount per Share, if any, by which the Base Working Capital exceeds the Estimated Working Capital, or </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic; text-decoration: underline;">plus</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the amount per Share, if any, by which the Estimated Net Working Capital exceeds the Base Working Capital, in each case, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">calculated according to </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">2.4</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">with due regard to Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">5.11.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">and the Accounting Principles </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">2.5.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Payment of the Purchase Price.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> Buyers shall pay to Seller, in consideration for the acquisition of all Available Existing Shares:</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(a)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">On the Closing Date (with due regard to Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">12.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> below), in consideration for the transfer of all Available Existing Shares, an amount in BRL equal to the result of (x)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Upfront Estimated Purchase Price per Share</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> calculated pursuant to </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">2.4</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, as converted in BRL by the Pre-Closing Exchange Rate,</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">multiplied</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> by (y)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the number of Available Existing Shares</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, free and clear from any withholding, deduction or retention on account of Taxes and/or expenses of whatsoever nature (for which Buyer is responsible for) (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">IVL Upfront Purchase Price</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;), by wire transfer of immediately available funds (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">transfer&#234;ncia eletr&#244;nica dispon&#237;vel</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> &#8211; TED) to Seller&#8217;s bank account identified in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">2.5</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">(a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> or other bank account in Brazil appointed by Seller no later than 3 Business Days prior to the Closing Date</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">; and</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">2.5.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">On the second (2</font><font style="font-family: 'Palatino Linotype'; font-size: 7.33pt; vertical-align: super;">nd</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">) anniversary of the Closing Date (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">2</font><font style="font-family: 'Palatino Linotype'; font-size: 7.33pt; font-weight: bold; vertical-align: super;">nd</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;"> Anniversary</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;) (with due regard to Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">12.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> below), an amount in BRL equal to the result of (x)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Deferred Purchase Price per Share</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> calculated pursuant to </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">2.4</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, as converted in BRL by the 2</font><font style="font-family: 'Palatino Linotype'; font-size: 7.33pt; vertical-align: super;">nd</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> Anniversary Exchange Rate, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">multiplied</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> by (y)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the number of Available Existing Shares,</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> free and clear from any withholding, deduction or retention on </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">account of Taxes and/or expenses of whatsoever nature (for which Buyer is responsible for)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">IVL Deferred Purchase Price</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;), by wire transfer of immediately available funds (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">transfer&#234;ncia eletr&#244;nica dispon&#237;vel</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> &#8211; TED) to Seller&#8217;s bank account identified in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">2.5</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">(a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> or other bank account in Brazil appointed by Seller.</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">2.6.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Adjustments to the Purchase Price per Share.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> Within 90 days following the Closing Date, Buyers, with support from the Company, shall deliver to Seller, based on the consolidated balance sheet of the Company drawn up as of the Closing Date in accordance with the Accounting Principles, a written statement (the &#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Post-Closing Statement</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;) specifying in reasonable detail, with reasonably supporting documentation, as well as the relevant calculations, Buyers&#8217; good faith calculation of: (a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the differences between the Estimated Working Capital and the Closing Working Capital (both in BRL and USD, with the conversion made in accordance with </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">2.4</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">); (b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the differences between the Estimated Net Debt and the Closing Net Debt (both in BRL and USD, with the conversions made in accordance with </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">2.4</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">); (c)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the final purchase price per Share in USD, calculated in accordance with </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">2.4</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, with due regard to Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">5.11.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> and </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Accounting Principles</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> taking into account the differences between the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Closing Working Capital and the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Estimated Working Capital and between the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Closing Net Debt </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">and Estimated Net Debt (the &#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Final Purchase Price per Share</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;), as well as the relevant calculations; and, (d)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Final Purchase Price per Share </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">multiplied</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> by all the Available Existing Shares (in USD), calculated according to </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">2.4</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">with due regard to Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">5.11.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">and the Accounting Principles (the &#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">IVL Final Purchase Price</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">The Post-Closing Statement shall be prepared based upon the Books and Records of the Company in accordance with the Accounting Principles and the definitions provided in this Agreement. If a Post-Closing Statement is not received by Seller within the time period established herein, Buyers shall be deemed to have forfeited their right to present their Post-Closing Statement in which case Seller shall be allowed to prepare and present to Buyers a Post-Closing Statement pursuant to the terms of this Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">2.6</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, in which case (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the reasonable expenses of Seller in connection with preparation of the Post-Closing Statement shall be reimbursed by Buyers and, (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">such Post-Closing Statement shall be reviewed by Buyers pursuant to Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">2.6.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> below, in which case the rights and obligations applicable to each of Buyers and Seller pursuant to the price adjustment mechanism set forth in Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">2.6.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> and subsequent Sections (in relation to determination of the amount of the price adjustment) will be applicable to them inversely.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">2.6.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">In the event that Seller disagrees with any aspect of the Post-Closing Statement, Seller shall have a period of 60 days from delivery of the Post-Closing Statement to send a notice to Buyers specifying in reasonable detail, with reasonably supporting documentation, as well as the relevant calculations, the items of disagreement (and basis for such disagreements) and stating its understanding of: (a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the differences between the Estimated Working Capital and the Closing Working Capital; (b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the differences between the Estimated Net Debt and the Closing Net Debt; (c)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Final </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Purchase Price per Share, according to its calculations;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> and (d)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the IVL Final Purchase Price, according to its calculations (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Disagreement Notice</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;). If a Disagreement Notice is not received by Buyers within the time period established herein, Seller shall be deemed to have accepted the Post-Closing Statement presented by Buyers, which shall be definitive, binding and conclusive for all the purposes of this Agreement.</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">2.6.2.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">If a Disagreement Notice is timely received pursuant to Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">2.6.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> above, Buyers and Seller shall discuss in good faith in order to reach an agreement on the items of disagreement identified in the Disagreement Notice within 15 days from the delivery of the Disagreement Notice.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">2.6.3.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">In case Buyers and Seller do not reach an agreement within the timeframe set forth in Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">2.6.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, Buyers and Seller agree that the Post-Closing Statement and the Disagreement Notice shall be reviewed by </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Selected Auditing Firm</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;), provided such </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Selected Auditing Firm</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> shall not be, at the time of its selection, the independent auditor of any of the Parties.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> In the event </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">cannot be retained because it is conflicted and Buyers and Seller are unable to reach an agreement with respect to the selection of the Auditing Firm within such term, then the Auditing Firm shall be defined based on the order of priority as follows: </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> The Parties agree that the review to be conducted by the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Selected Auditing Firm</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> shall consider only those items and amounts in the Post-Closing Statement that were identified by Seller as items of disagreement in the Disagreement Notice, and that the Final Purchase Price per Share determined by the Selected Auditing Firm shall in no circumstance fall outside the range between the highest and the lowest Final Purchase Price per Share set forth, as the case may be, in the Post-Closing Statement and in the Disagreement Notice. The costs and expenses of the Selected Auditing Firm shall be borne by Seller, on the one hand, and Buyers, on the other hand, based on the inverse of the percentage of the amounts that the Selected Auditing Firm determines in such Party&#8217;s favor to the aggregate amount of the items in dispute as originally submitted to the Selected Auditing Firm. For example, should the aggregate amounts in dispute total USD</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">1,000 and the Selected Auditing Firm awards USD</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">600 in favor of Seller&#8217;s position, 60% of the costs of the Selected Auditing Firm would be borne by Buyers and 40% of such costs would be borne by Seller.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> The Selected Auditing Firm shall be instructed to issue and deliver to the Parties, within 30 days from the date it was engaged, its opinion on the items and amounts that were identified as items of disagreement by Seller in the Disagreement Notice (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Adjustment Opinion</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;), always in accordance with </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">2.4</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">with due regard to Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">5.11.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">and the Accounting Principles. The Adjustment Opinion shall be final, conclusive, and binding on the Parties (absent fraud or manifest error), provided that the Selected Auditing Firm shall not be construed as an arbitrator</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">. The Parties agree that once the amounts of Closing Working Capital and Closing Net </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Debt are finally determined pursuant to this Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">2.6</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, the relevant amount to be considered for purposes of the Price Adjustment shall be in USD (which conversion into USD shall be made in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">accordance with </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">2.4</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">).</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">2.6.4.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">If (a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Estimated Purchase Price per Share, as converted into BRL by the Closing Exchange Rate, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">multiplied</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> by</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">all Existing Shares, is </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">BRL</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">1,000,000.00</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> higher or lower than (b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Final Purchase Price per Share (as finally determined), as converted into BRL by the Closing Exchange Rate, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">multiplied</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> by</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">all Existing Shares, the difference in USD between (x)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Estimated Purchase Price per Share and the Final Purchase Price per Share (as finally determined), </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">multiplied</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> by (y)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">all Existing Shares (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Price Adjustment</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;) shall be paid</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> within 10 Business Days from the date when the Final Purchase Price per Share is finally determined, free and clear from any withholding, deduction or retention on account of Taxes and/or expenses of whatsoever nature (for which the relevant payor is responsible for), in BRL by wire transfer of immediately available funds (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">transfer&#234;ncia eletr&#244;nica dispon&#237;vel</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> &#8211; TED) as follows:</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(a)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">If the Estimated Purchase Price per Share is </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">lower</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> than the Final Purchase Price per Share (as finally determined), an amount in BRL equal to the Price Adjustment, as converted in BRL by the Price Adjustment Exchange Rate, shall be paid by the Company to Seller pursuant to this Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">2.6.4</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, to Seller&#8217;s bank account identified in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">2.5</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">(a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> or other bank account in Brazil appointed by Seller no later than 3 Business Days prior to such payment (with due regard to Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">12.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> below); or</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(b)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">If the Estimated Purchase Price per Share is </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">higher </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">than the Final Purchase Price per Share (as finally determined), an amount in BRL equal to the Price Adjustment, as converted in BRL by the Price Adjustment Exchange Rate, shall be paid by Seller, proportionally to the number of Existing Shares acquired by each of the Buyers and the ROFR Beneficiaries that exercised and fully paid the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">ROFR Initial Subscription Price Per Share</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> and the ROFR Upfront Initial Purchase Price Per Share (and, if applicable, the ROFR Upfront Additional Subscription Price Per Share and the ROFR Upfront Additional Purchase Price Per Share), to (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the bank accounts informed by the ROFR Beneficiaries at the exercise of the ROFR, or to the applicable Buyers&#8217; bank account indicated in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">2.6.4</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">(b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, or (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">other bank account in Brazil appointed in writing to Seller no later than 10 Business Days prior to such payment (with due regard to Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">12.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> below).</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">2.6.4.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">For the sake of clarity, the Final Purchase Price per Share </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">shall be an amount equal to (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Estimated Purchase Price </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">per Share</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic; text-decoration: underline;">minus</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the amount per Share, if any, by which the Closing Net Debt exceeds the Estimated Net Debt, or </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic; text-decoration: underline;">plus</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the amount per Share, if any, by which the Closing Net Debt is lower than the Estimated Net Debt, (iii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic; text-decoration: underline;">minus</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(x)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the amount per Share, if any, by which the Estimated Working Capital exceeds the Closing Working Capital, or </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic; text-decoration: underline;">plus</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (y)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the amount per Share, if any, by which the Closing Working Capital exceeds the Estimated Working Capital, in each case, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">calculated according to </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">2.4</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">with due regard to Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">5.11.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">and the Accounting Principles</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno">8</font></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">2.6.5.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Following the Closing, Buyers shall, and shall cause the Companies to, cooperate and provide to Seller, its Affiliates, the Selected Auditing Firm &#8211; if applicable &#8211;, and their respective representatives, to the extent reasonably required by any of the above in connection with any matter addressed in this Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">2.6</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, access to such books, records and Employees (including those of the Companies), as well as any Retention Materials set forth in Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">9.8</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">; provided that any such document or information so requested shall be provided by Buyers and/or the Companies in no more than 5 Business Days from such request of such document and/or information.</font></p>
<h1 style="line-height: 16pt; margin: 8pt 0pt; page-break-after: avoid; text-align: justify; text-indent: 0pt;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" name="B30_Q48PXR3AGW00000000000000000000" class="customBookmark"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">3.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-variant: small-caps; font-weight: bold; text-decoration: underline;">Conditions Precedent</font></a></h1>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">3.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Parties&#8217; Conditions Precedent.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> The Investment and the Share Purchase and Sale, including (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the issuance of the Available New Shares by the Company to Buyers, and the payment of IVL Subscription Price by Buyers to the Company; and (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the transfer of the Available Existing Shares by Seller to Buyers, and the payment of the IVL Upfront Purchase Price by Buyers to Seller on the Closing, are subject to fulfillment of each and every one of the following conditions (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Parties&#8217; Conditions Precedent</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;):</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(a)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Conclusion of the procedure related to the ROFR set forth in Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">4.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> below in all its material aspects, including with respect to Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">4.3.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">4.3.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> and </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">4.4.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, which procedure shall be carried out by Seller in accordance herewith;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(b)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">The corporate documents required for the consummation, by Seller and the Company, of the reorganization involving the Company described in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">3.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">(b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Corporate Reorganization</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;), shall have been executed and filed with the relevant commercial registries</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, which Corporate Reorganization shall be carried out by Seller in accordance herewith;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(c)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">No Law or Order issued by any court of competent jurisdiction or other Governmental Authority prohibiting, making illegal and/or restraining the consummation of the Investment or the Share Purchase and Sale shall have been enacted or ruled, unless definitely suspended or reversed up and until at the Closing Date;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> and</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(d)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">All consents, waivers and approvals from Governmental Authorities, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">in each case disclosed in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">3.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">(d)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> or that are otherwise required to consummate the transactions contemplated hereby shall</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> have been obtained, including consents, waivers and approvals from Antitrust Authorities, and to such extent (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">i.e.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> Antitrust Authorities clearance) the respective waiting periods under applicable Antitrust Laws </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(and any extension thereof, including under any agreement between the Parties and a Governmental Authority agreeing not to consummate the Investment and the Share Purchase and Sale prior to a certain date)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, if applicable, shall have expired (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Antitrust Approval</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">3.2.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Buyers&#8217; Conditions Precedent.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> The obligation of Buyers to consummate the Investment and the Share Purchase and Sale shall be subject to the satisfaction or express waiver by Buyers in writing (to the extent waiver is permitted under applicable </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Law and by this Agreement), on or prior to the Closing Date, of the following conditions (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Buyers&#180; Conditions Precedent</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;):</font></p>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(a)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">The ROFR Condition shall have been complied with pursuant to Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">4.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(ii) below;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(b)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">The (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Seller&#8217;s Fundamental Representations and Warranties shall be true and correct in all respects (other than with respect to </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">de minimis </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">inaccuracies</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">) at and as of the Closing Date as if made at and as of such time (other than those made at and as of a specified date, which shall be true and correct in all respects (other than with respect to </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">de minimis</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> inaccuracies) at and as of such specified date); and (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">other representations and warranties of Seller contained Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">7</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> disregarding, in each case, any reference to &#8220;materiality&#8221; or similar qualifications therein, shall be true and correct in all material respects at and as of the Closing Date as if made at and as of such time (other than those made at and as of a specified date, which shall be true and correct in all material respects at and as of such specified date);</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(c)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Seller&#8217;s and the Company&#8217;s obligations in this Agreement, required to have been performed by Seller and/or the Company prior to the Closing Date, shall have been performed and complied with in all material respects</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(d)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">All material Third Party Authorizations set out in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">3.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">(d)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> shall have been obtained</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Material Consents</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;);</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(e)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">No Material Adverse Effect </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">shall have </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">occurred;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> and</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(f)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">/</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&#8217; </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">x</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">x</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">3.3.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Seller&#8217;s Conditions Precedent.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> The obligation of Seller to consummate the Investment and the Share Purchase and Sale shall be subject to the satisfaction or express waiver by Seller in writing (to the extent said waiver is permitted under applicable Law and by this Agreement), on or prior to the Closing Date, of the following conditions (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Seller&#8217;s Conditions Precedent</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221; and, together with the Parties&#8217; Conditions Precedent and Buyers</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">&#180;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> Conditions Precedent, the &#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Conditions Precedent</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;):</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(a)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">The (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Buyers&#8217; Fundamental Representations and Warranties shall be true and correct in all respects (other than with respect to </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">de minimis </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">inaccuracies) at and as of the Closing Date as if made at and as of such time (other than those made at and as of a specified date, which shall be true and correct in all respects (other than with respect to </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">de minimis</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">inaccuracies) at and as of such specified date) and (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">other representations </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">and warranties of Buyers contained Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">8</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> disregarding, in each case, any reference to &#8220;materiality&#8221; or similar qualifications therein, shall be true and correct in all material respects at and as of the Closing Date as if made at and as of such time (other than those made at and as of a specified date, which shall be true and correct in all material respects at and as of such specified date); and</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(b)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Buyers&#8217; obligations in this Agreement, required to have been performed by Buyers prior to the Closing Date, shall have been performed and complied with in all material respects.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">3.4.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Efforts; Fulfillment of the Conditions.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> The Parties agree that they shall practice or cause the practice of any and all acts and take or cause to be taken any and all measures (and execute any and all documents) necessary and reasonably prudent towards the fulfillment of the respective Conditions Precedent for which they are respectively responsible under this Agreement, including interacting with third party contractors, retaining appropriate third party service providers where applicable, negotiating and executing the corresponding agreements and/or waiver requests &#8211; as the case may be &#8211;, endeavoring their reasonable best efforts to complete appropriate registrations, including those required for the completion of the Corporate Reorganization. Regarding necessary acts to be performed by third parties and/or execution of documents by third parties towards fulfillment of Conditions Precedent &#8211; which undertakings might be out of control of the relevant party responsible for the relevant Condition Precedent &#8211;, the Parties shall reasonably cooperate and use their reasonable best efforts to pursue such acts and/or documents execution as soon as possible after the date hereof and until the earlier of Closing or the termination of this Agreement in accordance with Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">11</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">. Each Party shall keep the other Party reasonably updated on the status of the fulfillment of the Conditions Precedent, submitting to the other Party proof of fulfillment or informing about any failures to fulfill the relevant Conditions Precedent (with all necessary information) as soon as possible, but no later than 2 Business Days from receiving knowledge of the relevant fulfillment or failure.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">3.5.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Closing Notice.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> Upon the satisfaction or waiver of all the Conditions Precedent, either Party shall be entitled to send a written notice to the other Party requiring the consummation of the Investment and the Share Purchase and Sale pursuant to Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">6</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> below (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Closing Notice</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;).</font></p>
<h1 style="line-height: 16pt; margin: 8pt 0pt; page-break-after: avoid; text-align: justify; text-indent: 0pt;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" name="B40_ZAMW0J41G000000000000000000000" class="customBookmark"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">4.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-variant: small-caps; font-weight: bold; text-decoration: underline;">Capital Increase; and ROFR Condition</font></a></h1>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">4.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Right of First Refusal.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> Buyers and Seller acknowledge and agree that (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">pursuant to article 253, I and II, of the Corporation Law, Seller&#8217;s shareholders have an assignable right of first refusal for the subscription of the New Shares and the acquisition of the Existing Shares for the sa</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">me price per share agreed by the Parties pursuant to this </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Agreement (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">ROFR</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;), and (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">as a condition for Buyers to consummate the Investment and Share Purchase and Sale, no less than 90.01% of all New Shares and of all Existing </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Shares shall be available for Buyers to consummate the Investment and the Share Purchase and Sale at the Closing Date (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">ROFR Condition</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;).</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">4.2.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Capital Increase; ROFR EGM.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> Within 15 Business Days as from the date hereof, Seller</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> shall:</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(a)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Hold an extraordinary general meeting of the Company to approve a capital increase of the Company, subject to the consummation of the Closing, in the total amount of USD</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">650,2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">50</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">000</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">00</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">to USD</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">765,000,000.00</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">BRL</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">17,000,000.00 to </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">BRL</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">20,000,000.00 </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">to be allocated to the Company&#8217;s capital stock</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> and the difference to its capital reserves), with the issuance of </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">36,457,5</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">74</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">to </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">42,891,</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">264</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">new Shares of the Company (such maximum amount of shares to be issued shall mean the &#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">New Shares</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;), each to be subscribed for the Subscription Price per Share (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Capital Increase</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;); and</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(b)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Call an extraordinary general meeting of its shareholders (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">ROFR EGM</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;) with the presentation of the appropriate documents and disclosures necessary to (a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">initiate the period for the exercise of the ROFR with respect to the subscription of the New Shares and the sale of the Existing Shares (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">ROFR Exercise Period</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;); and (b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">grant the ROFR to its </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">shareholders (which may assign such rights to any Person) (in any case, the &#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">ROFR Beneficiaries</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;), which documents and disclosures shall clarify (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">that there shall be no exercise of rights over leftovers (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">sobras</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">) by ROFR Beneficiaries, (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the provisions hereof relating to ROFR, specially the requirements set forth in Sections </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">4.3.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">4.3.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> and </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">4.3.4</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> and </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">4.4.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> below, (iii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">that the Share Purchase and Sale and Investment are a single and undivided transaction, and (iv)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">that, upon Closing, the Company shall continue to be a closely-held company (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">ROFR Materials</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;).</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">4.3.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">ROFR Procedures; and Price.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> After the ROFR EGM, Seller shall publish a material fact (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">fato relevante</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">) or a notice to the shareholders (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">aviso aos acionistas</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">) as it deems appropriate, stating the procedures for the exercise of the ROFR by the ROFR Beneficiaries, including the procedures described in Sections </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">4.3</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> to </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">4.5</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, with due regard to Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">4.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> above. Seller shall provide such documents, as well as the ROFR Materials, for Buyers&#8217; analysis with reasonable advance (in relation to their respective disclosures), for Buyers to provide comments in good faith, it being agreed that no consent shall be required by Buyers in connection with the release of the ROFR Materials.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">4.3.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">The effective transfers of (a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">any New Shares that were subscribed for by the ROFR Beneficiaries based on the ROFR exercise (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">ROFR New Shares</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;), and (b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">any Existing Shares that were acquired by the ROFR Beneficiaries based on the ROFR exercise (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">ROFR Existing Shares</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;) to the relevant ROFR Beneficiaries shall be conditioned upon the satisfaction of the Conditions Precedent and the conclusion of the Closing and of the requirement set forth in Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">4.3.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> below.</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">4.3.2.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">The ROFR Beneficiaries shall be required to acquire </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">0,818398054205164</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> Existing Shares for each 1 New Share they opt to subscribe for based on the ROFR exercise, and vice-versa; otherwise, any exercise of ROFR shall be considered forfeited.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">4.3.3.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">For the exercise of the ROFR for each ROFR New Share the ROFR Beneficiary shall be required to deposit in favor of the Company an amount equal to the Subscription Price per Share, as converted in BRL by the ROFR Exchange Rate, free and clear from any withholding, deduction or retention on account of Taxes and/or expenses of whatsoever nature (for which the ROFR Beneficiary is responsible for) (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">ROFR Initial Subscription Price Per Share</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;).</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">4.3.4.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">For the exercise of the ROFR for each ROFR Existing </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Share, the ROFR Beneficiary shall be required to (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">deposit in favor of the Seller an amount equal to </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Upfront Base Purchase Price per Share, calculated pursuant to </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">2.4</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> as converted in BRL by the ROFR Exchange Rate, free and clear from any withholding, deduction or retention on account of Taxes and/or expenses of whatsoever nature (for which the ROFR Beneficiary is responsible for) (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">ROFR Upfront Initial Purchase Price Per Share</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;), </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">and (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">provide a bank guarantee for, or, alternatively, deposit in escrow, an amount equivalent to the result of (a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Deferred Purchase Price per Share</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">multiplied </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">by (b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the number of ROFR Existing Shares elected to be purchased by the respective ROFR Beneficiary, as converted in BRL by the ROFR Exchange Rate</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, free and clear from any withholding, deduction or retention on account of Taxes and/or expenses of whatsoever nature (for which the ROFR Beneficiary is responsible for).</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">4.4.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Subscription by Buyers.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> Within 5 Business Days of the conclusion of the procedures related to the ROFR, and subject to Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">4.3.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, Seller shall notify Buyers informing Buyers (a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the number of ROFR New Shares that were subscribed for by the ROFR Beneficiaries, (b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the number of ROFR Existing Shares that were acquired by the ROFR Beneficiaries</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, and, therefore, and (c)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the number of Available New Shares and Available Existing Shares and whether the ROFR Condition was satisfied or not.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">4.4.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Should the ROFR Condition be satisfied, within 5 Business Days after receiving the notice set forth in Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">4.4</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, Buyers (or at least one of them, with due regard to Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">2.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">) shall execute and deliver to the Company, with a copy to Seller, a subscription bulletin (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">boletim de subscri&#231;&#227;o</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">) for all Available New Shares, which subscription effectiveness shall be conditioned upon the satisfaction of the remaining Conditions Precedent and the conclusion of the Closing</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, in the terms provided in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">4.4.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">4.4.2.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">The Parties acknowledge and agree that (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the ROFR Condition is an essential condition for the Share Purchase and Sale and Investment, and, (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Share Purchase and Sale and Investment are a single and undivided transaction designed to meet the interests of both Buyers and Seller, and shall be considered as such for purposes of the ROFR and exercise conditions thereof, and to such extents, the Parties agree that if the ROFR Condition and/or the Condition Precedent set forth in item </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> of Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">3.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> is/are not fulfilled for any reason, the Share Purchase and Sale, the Investment, this </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Agreement and all actions resulting therefrom, except for surviving provisions, shall be terminated and be of no further force or effect, with the return of Seller and the Company to its shareholding </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">status quo</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> preceding execution hereof, with Seller owning 100% of the shares of the Company.</font></p>
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<p style="line-height: 16pt; margin: 0px; text-align: justify; text-indent: 0px;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"><br></font></p>
<p style="line-height: 16pt; margin: 0pt 0pt 8pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">4.5.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">ROFR Price Adjustment (Additional ROFR Payment).</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> Should (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Subscription Price per Share, as converted in BRL by the Pre-Closing Exchange Rate, be </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">higher</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> than the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">ROFR Initial Subscription Price Per Share</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, and/or (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Upfront Estimated Purchase Price per Share</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, as converted in BRL by the Pre-Closing Exchange Rate, be </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">higher</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> than the ROFR Upfront Initial Purchase Price Per Share:</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(a)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Immediately after the Closing Date, Seller shall publish a material fact (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">fato relevante</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">) or a notice to the shareholders (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">aviso aos acionistas</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">) as it deems appropriate, stating, as applicable, the difference in BRL between (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Subscription Price per Share, as converted in BRL by the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Pre-Closing Exchange Rate</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, and the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">ROFR Initial Subscription Price Per Share</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, free and clear from any withholding, deduction or retention on account of Taxes and/or expenses of whatsoever nature (for which the ROFR Beneficiary is responsible for) (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">ROFR Upfront Additional Subscription Price Per Share</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;), and/or (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Upfront Estimated Purchase Price per Share</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, as converted in BRL by the Pre-Closing Exchange Rate, and the ROFR Upfront Initial Purchase Price Per Share, free and clear from any withholding, deduction or retention on account of Taxes and/or expenses of whatsoever nature (for which the ROFR Beneficiary is responsible for) (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">ROFR Upfront Additional Purchase Price </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Per Share</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;), and granting the ROFR Beneficiaries that exercised their ROFR 5 Business Days to, as applicable:</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (1)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">pay to the Company the ROFR Upfront Additional Subscription Price Per Share; and/or (2)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">pay to Seller</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> the ROFR Upfront Additional Purchase Price</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> Per Share.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(b)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">The relevant ROFR New Shares and ROFR Existing Shares shall only be delivered by Seller to the ROFR Beneficiaries upon the full payment of the ROFR Upfront Additional Subscription Price Per Share and the ROFR Upfront Additional Purchase Price Per Share within the term set forth in Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">4.5</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, provided that, if such payment is not timely made, the relevant ROFR Beneficiary shall forfeit its right to subscribe for such ROFR New Shares and acquire such ROFR Existing Shares, which shall be subscribed for and acquired by Buyers pursuant to Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">6.4.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">4.5.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">For clarity purposes, given that (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Subscription Price per Share, in which the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">ROFR Initial Subscription Price Per Share</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> is based, is subject only to exchange rate variations, but (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Base Purchase Price per Share, in which the ROFR Upfront Initial Purchase Price Per Share is based, is subject to adjustments both as with respect to the exchange rate variations and the differences between the Estimated Purchase Price per Share and the Base Purchase Price per Share, this Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">4.5</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> is applicable even if either or both (a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Subscription Price per Share, as converted in BRL by the Pre-Closing Exchange Rate, is </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">higher</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> than the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">ROFR Initial Subscription Price Per Share</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, and/or (b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Upfront Estimated Purchase Price per Share</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, as converted in BRL by the Pre-</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Closing Exchange Rate, be </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">higher</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> than the ROFR Upfront Initial Purchase Price Per Share.</font></p>
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<p style="line-height: 16pt; margin: 0pt 0pt 8pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">4.6.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">ROFR Price Adjustment (ROFR Return Payment).</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> Should (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Subscription Price per Share, as converted in BRL by the Pre-Closing Exchange Rate, be </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">lower</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> than the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">ROFR Initial Subscription Price Per Share</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, and/or (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Upfront Estimated Purchase Price per Share</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, as converted in BRL by the Pre-Closing Exchange Rate, be </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">lower</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> than the ROFR Upfront Initial Purchase Price Per Share:</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> immediately after the Closing Date, Seller shall publish a material fact (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">fato relevante</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">) or a notice to the shareholders (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">aviso aos acionistas</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">) as it deems appropriate, stating, as applicable, the difference in BRL between (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Subscription Price per Share, as converted in BRL by the Pre-Closing Exchange Rate, and the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">ROFR Initial Subscription Price Per Share</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">ROFR Return Subscription Price Per Share</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;), and/or (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Upfront Estimated Purchase Price per Share</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, as converted in BRL by the Pre-Closing Exchange Rate, and the ROFR Upfront Initial Purchase Price Per Share (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">ROFR Return Purchase Price </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Per Share</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;). Within no more than 10 Business Days thereafter, (1)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Company shall make available to the ROFR Beneficiaries that exercised their ROFR, the ROFR Return Subscription Price Per Share; and/or (2)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Seller shall make available to the ROFR Beneficiaries that exercised their ROFR, the ROFR Return Purchase Price Per Share.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">4.6.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">For clarity purposes, given that (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Subscription Price per Share, in which the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">ROFR Initial Subscription Price Per Share</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> is based, is subject only to exchange rate variations, but (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Base Purchase Price per Share, in which the ROFR Upfront Initial Purchase Price Per Share is based, is subject to adjustments both as with respect to the exchange rate variations and the differences between the Estimated Purchase Price per Share and the Base Purchase Price per Share, this Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">4.6</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> is applicable even if either or both (a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Subscription Price per Share, as converted in BRL by the Pre-Closing Exchange Rate, is </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">lower</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> than the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">ROFR Initial Subscription Price Per Share</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, and/or (b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Upfront Estimated Purchase Price per Share</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, as converted in BRL by the Pre-Closing Exchange Rate, is </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">lower</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> than the ROFR Upfront Initial Purchase Price Per Share.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">4.7.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">ROFR Exercise by Buyers.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> Any New Share Buyers become entitled to</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> subscribe, and any Existing Share Buyers become entitled to acquire as a result of the exercise of ROFR by any of Buyers shall be considered as an Available New Share or an Available Existing Share (and Buyers shall not exercise their ROFRs), respectively, for all purposes of this Agreement, including for the satisfaction of the Parties&#8217; Conditions Precedent set forth in Sections </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">3.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> and </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">3.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno">15</font></td>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">4.8.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Securities Law Compliance</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">. Seller shall conduct the offering of the ROFR rights, the New Shares and the Existing Shares as contemplated by this Agreement (collectively, the &#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">ROFR Offering</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;) in full compliance with the requirements of applicable securities laws, including without limitation, the provisions of the U.S. Securities Act of 1933, as amended (the &#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Securities Act</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;), and the rules and regulations of the United States Securities and Exchange Commission (the &#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">SEC</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;) promulgated </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">thereunder (collectively, the &#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Rules and Regulations</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;). Without limiting the generality of the foregoing, Seller shall not, and shall instruct the depositary (the &#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Depositary</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;) for the Seller&#8217;s American Depositary Receipts (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">ADRs</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;) not to, offer or sell the ROFR rights, the New Shares or the Existing Shares to any holder of the ADRs or any other &#8220;U.S. person&#8221; as such term is defined in Section 902(k) of Regulation S of the Rules and Regulations, except in each case (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">if such holder of the ADRs participates in such offering through such holder&#8217;s direct ownership of common shares of Seller and such offer and sale to such holder is exempt from the registration and prospectus delivery requirements of the Securities Act and complies in all respects with the requirements of the Securities Act and the Rules and Regulations</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, or (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">such offer or sale is otherwise exempt from the registration and prospectus delivery requirements of the Securities Act and complies in all respects with the requirements of the Securities Act and the Rules and Regulations. In addition, subject to Seller&#8217;s compliance with any applicable public disclosure requirements in Brazil or in the United States, Seller shall not, and shall cause the Company not to, offer or sell the ROFR rights, the New Shares or the Existing Shares through any &#8220;directed selling efforts&#8221; as such term is defined in Section 902(c) of Regulation S of the Rules and Regulations. Immediately following the completion of the ROFR Offering, the Company will not be subject to the reporting requirements of the U.S. Securities Exchange Act of 1934, as </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">amended, or the rules and regulations of the SEC promulgated thereunder.</font></p>
<h1 style="line-height: 16pt; margin: 8pt 0pt; page-break-after: avoid; text-align: justify; text-indent: 0pt;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" name="B50_J4LM5UENHS00000000000000000000" class="customBookmark"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">5.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-variant: small-caps; font-weight: bold; text-decoration: underline;">Pre-Closing Covenants</font></a></h1>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">5.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Governmental Filings</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">. </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Subject to the terms and conditions herein provided, each of Seller and Buyers shall use its reasonable best efforts to take, or cause to be taken, all actions and to do, or cause to be done as soon as reasonably practicable, all things reasonably necessary, proper or advisable under applicable Laws and regulations to consummate and make effective the transactions contemplated by this Agreement, including the satisfaction, but not waiver, of the closing conditions set forth in Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">3</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, with due regard to the following</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> sub-sections.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">5.1.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Each of Seller and Buyers shall use </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">reasonable best efforts to: (a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">prepare all necessary documentation (including under the HSR Act, the LFCE, the Brazilian Competition Act and any other applicable Antitrust Laws) and (b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">obtain authorizations, licenses, permissions, consents, waivers, non-objection confirmations and approvals of all Governmental Authorities (including all Antitrust Authorities) and the expiration or termination of all applicable waiting periods </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(and any extension thereof, including under any agreement between the Parties and a Governmental Authority agreeing not to consummate the Investment and the Share Purchase and Sale prior to a certain date) </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">under the Antitrust Laws or other Laws necessary to consummate the transactions contemplated by this Agreement (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Governmental Authorizations</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;), with due regard to the following sub-sections</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">. The filing fees incurred in connection with obtaining the Antitrust Approval shall be borne by Buyers,</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">provided however that all costs other than the filing fees shall be borne equally by Buyers and Seller (on a 50% / 50% basis), and that costs of legal fees and expenses of </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">their respective legal counsels and other advisors </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">relating to the applicable filings shall be borne by the Party retaining such counsels and advisors, respectively.</font></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno">16</font></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">5.1.2.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Without limiting the generality of the foregoing, each Party shall make an appropriate filing, if necessary, (a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">pursuant to the HSR Act, not later than 30 days after the date of</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> this Agreement, (b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">pursuant to the LFCE, not later than 30 days after the date of this Agreement, (c)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">pursuant to the Brazilian Competition Act, not later than 45 days after the date of this Agreement (for the first draft notification), (d)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">pursuant to any other Antitrust Laws, not later than 30 days after the date of this Agreement, and (e)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">pursuant to the DPA, as soon as practicable after the date hereof. Each Party shall supply, as promptly as practicable, an appropriate response to any additional information and documentary material that may be requested by a Governmental Authority pursuant to the HSR Act, the LFCE or any other Antitrust Law, and the DPA</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">. Without limiting the foregoing, Buyers, Seller and their respective Affiliates shall request early termination of any applicable waiting period to the extent permitted by applicable Law and shall not extend any waiting period or comparable period or enter into any agreement with any Governmental Authority, except with the prior written consent of Seller and Buyers.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">5.1.3.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, (</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">)</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> (</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; 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font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">), </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> (</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">)</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; 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font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; 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font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> (</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">) </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> (</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">) </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
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<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt; height: 17px;">

<tr style="height: 17px;">
<td class="pgno" style="padding: 0px; text-align: center; height: 17px;"><font style="font-size: 10pt;" class="pageno">17</font></td>
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<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 35.45pt;"><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">5.1.3.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> (</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">-</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">), </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; 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font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">; </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> (</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">)</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&#8217;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&#8217;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">. </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> (</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">)</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> (</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">)</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno">18</font></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">5.1.5.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Except as specifically required by this Agreement, during the Pre-Closing Period, neither Buyers nor Seller shall, nor shall it permit their Affiliates to, take any action, or refrain from taking any action, which could reasonably be expected to materially delay or impede the ability of the Parties hereto to consummate the transactions contemplated hereunder, with due regard to the following. During the Pre-Closing Period, the Parties shall not, and shall cause their Affiliates not to, directly or indirectly acquire or agree to acquire (by merging or consolidating with, or by purchasing a substantial portion of the assets of or equity in, or by any other manner), any Person or portion thereof, or otherwise acquire or agree to acquire any assets, if the entering into a definitive agreement relating to, or the consummation of, such acquisition, merger or consolidation could reasonably be expected to (a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">impose a material delay in obtaining (in a manner that such engagement is expected to materially contribute for Closing not occur until the Long Stop Date) or materially increase the risk of not obtaining, any Antitrust Authorization necessary to consummate the transactions contemplated hereby or the expiration or termination of any applicable waiting period, (b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">materially </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">increase the risk of any Antitrust Authority entering an Order prohibiting the consummation of the transactions contemplated hereby, which risk cannot be removed by appeal or otherwise.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> Should any of the Parties understand</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> that a situation above may be </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">triggered by one of its actions, such Party may disclose such situation to be assessed by a clean team (formed by members of a top tier law firm appointed by both Parties) organized in accordance with the applicable Antitrust Laws, to determine whether such situation does or does not violate the provisions of this Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">5.1.5</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, and the organization of such clean team shall not be unreasonably withheld or delayed.&nbsp;&nbsp;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">5.1.6.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&#8217; </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&#8217; </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">(</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">)</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno">19</font></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">5.2.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Conduct of Business. </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">From the date hereof and until the earlier of the Closing Date or the valid termination of this Agreement in accordance with Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">11</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (the &#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Pre-Closing Period</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;), Seller undertakes to conduct, and to cause the Companies&#8217; management to conduct, the business of the Companies in their Ordinary Course in all material aspects</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">[</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">unless otherwise: (a)</font><font style="font-family: &quot;Palatino Linotype&quot;; font-size: 11pt;">&nbsp;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">/</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">-</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">/</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">;</font><font style="font-family: &quot;Palatino Linotype&quot;; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">required by applicable Law (including any COVID-19 Response, as defined below); (c)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">required to maintain compliance under any material aspect of contract or agreement to which any of the Companies or any of the Seller&#8217;s Affiliates is a party (including, for the avoidance of doubt, any necessary actions to avoid a breach of such contracts and/or agreements); (d)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">reasonably necessary to avoid disruption in the supply of key raw materials to any of the Companies; (e)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">reasonably necessary to allow Seller and/or the Companies to (e.i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">amend or terminate the counter-guarantee agreements listed in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">5.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">(e)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, (e.ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">enter into new counter-guarantee agreements, and/or (e.iii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">substitute and/or transfer </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the guarantees and insurance policies related to the counter-guarantee agreements listed in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">5.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">(e)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> by other guarantees and/or insurances under other counter-guarantee agreements to be entered into by the Companies</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, provided that (1)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">any and all costs and expenses relating to the amendment, termination or substitution of the insurance policies and/or counter-guarantee agreements listed in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">5.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">(e)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> shall be borne by Seller or, if incurred by the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Companies, shall be considered in the calculation of the Working Capital, including for the purposes of the calculation of the Estimated Purchase Price per Share </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">and the Final Purchase Price per Share, and (2)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">any and all costs and expenses for maintaining such insurance policies and counter-guarantees on a forward basis shall be borne by Seller (except, in any case of insurance policies and/or counter-guarantee agreements granted to secure agreements entered into by any of the Companies and indicated as such in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">5.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">(e)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">); (f)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">reasonably necessary to allow Seller and/or the Companies to terminate with respect to the Companies the insurance policies listed in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">5.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">(f), provided that </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">any and all costs and expenses relating to the termination of the insurance policies listed in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">5.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">(f)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> shall be borne by Seller or, if incurred by the Companies, shall be considered in the calculation of the Working Capital, including for the purposes of the calculation of the Estimated </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Purchase Price per Share and the Final Purchase Price per Share; (g)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">reasonably necessary to allow (g.i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Company to amend the EPP Agreements to allow for quarterly amortizations of the principal amount and interests, and (g.ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Company to use the amounts deposited under the collection account provided under the EPP Agreements to prepay the EPP Agreements pursuant to the terms thereof and in accordance with applicable Laws (items &#8220;g.i&#8221; and &#8220;g.ii&#8221; jointly, the &#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">EPP Pre-Closing Adjustments</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;); and/or (h)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">approved by any of the Buyers, such approval not to be unreasonably withheld</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> or delayed and provided that such approval shall be deemed to have been granted if correct and reasonably sufficient information was disclosed by Seller to allow a decision by Buyers on a fully informed basis and Buyers do not respond to </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the relevant Seller&#8217;s approval request within 5 Business Days.&nbsp;</font></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno">20</font></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">5.2.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Without limiting the generality of Section</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">5.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, during the Pre-Closing Period, Seller and the Companies shall (unless otherwise authorized by the exceptions provided in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">5.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">above or authorized in writing by Buyers) endeavor their reasonable best efforts to, (a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">preserve the business relationships with material customers, suppliers, and key business relationships of the businesses of the Companies, (b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">preserve and maintain all material structures and equipment of the Companies in their present condition, except for depletion and ordinary wear and tear</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, (c)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">maintain and continue all applicable turn-around, inspection, maintenance, and capital expenditure activities, plans, and schedules in all material respects, and (d)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">maintain all material authorizations from Governmental Authorities and Material Permits required for the businesses of the Companies.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> For avoidance of doubt, the Companies shall maintain and continue their capital expenditures, and the payments thereof, in the Ordinary Course</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">(</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXX XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">)</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">5.2.2.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Without limiting the generality of</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">5.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, during the Pre-Closing Period, Seller shall not and shall cause the Companies not to (unless otherwise authorized by the exceptions provided in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">5.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">above or authorized in writing by any of the Buyers), and always with respect only to the Companies:</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(a)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Dispose of and/or create any Liens on any of the Shares (other than as a result of the ROFR) or on any shares, quotas, membership interest and/or other securities of any kind of any of the Companies;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(b)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Issue any shares, quotas, membership interest and/or other securities of any kind, private debentures (whether convertible into shares or not), participation certificates </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">(partes benefici&#225;rias),</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> share warrants </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">(b&#244;nus de subscri&#231;&#227;o),</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> and/or other securities that confer (including on members of management or Third Parties) the right to purchase shares, quotas and/or membership interest of any of the Companies or the right to participate in the profits of any of the Companies or grant any options to that extent;&nbsp;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(c)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Redeem, amortize, repurchase to maintain in treasury, convert and/or split or reverse split securities of any kind issued by the Companies;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 12pt; font-weight: bold;">(d)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Allow any of the Companies to acquire any securities of any other Person or any asset or business organization of any Person, or enter into shareholders&#8217; or quotaholders&#8217; agreements, consortium agreements, or joint venture agreements, agreements for combination of businesses or operations (including to benefit from synergies) or agreements to share any portion of results and/or profits</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> of any of the Companies;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(e)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Approve or implement any transaction involving the transformation </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">(transforma&#231;&#227;o),</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> merger </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">(incorpora&#231;&#227;o),</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> split </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">(cis&#227;o)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> or consolidation </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">(fus&#227;o),</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> including &#8220;stock mergers&#8221; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">(incorpora&#231;&#227;o de a&#231;&#245;es),</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> and/or capital reduction and/or corporate reorganization involving any of the Companies, other than the transactions listed in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">5.2.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">(e)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(f)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Approve the filing, taking or bringing of any measure aimed at a judicial or extrajudicial reorganization </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">(recupera&#231;&#227;o judicial ou extrajudicial)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, voluntary declaration of bankruptcy </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">(fal&#234;ncia),</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> or dissolution or liquidation of any of the Companies;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(g)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Allow any of the Companies to sell, transfer, assign, or create any Liens over any of the Material Assets, other than, in any case, Permitted Liens;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font></p>
<p style="line-height: 13pt; margin: 0pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(h)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Allow the Companies to acquire any properties or assets with a value in each case in excess USD</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">1,000,000.00, individually, or USD</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">10,000,000.00, in the aggregate, other than, in any case, in the purchases of supply or in the Ordinary Course;</font></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno">21</font></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(i)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Make any material change to the manner of keeping the Companies&#8217; Books and Records or in the accounting practices reflected therein, except as required by Law or by the Companies&#8217; independent auditors;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(j)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Change any material method of accounting or standards (except as required by Law or by its independent auditors) and, also with respect to Oxiteno US, change any material Tax election or annual accounting period for Tax purposes (except as required by Law);</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(k)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Allow any of the Companies to pay, discharge, satisfy or enter into any settlement, conciliation or similar agreement involving Claims of any nature in which the amounts </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">under discussion are in excess of </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="font-family: &quot;Palatino Linotype&quot;; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">individually, or </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="font-family: &quot;Palatino Linotype&quot;; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">in the aggregate; or forgive, cancel, compromise, waive, release, sell, transfer or assign any debts, credits, Claims or rights which amount claimed and/or owed are in excess of </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="font-family: &quot;Palatino Linotype&quot;; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">individually, or </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> in the aggregate, other than, in any case, in the Ordinary Course;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(l)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Amend any material aspect of the organizational documents of the Companies, except if it can be changed at Buyers discretion at the Capital Increase Ratification EGM (or after Closing with respect to the Subsidiaries);</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(m)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Enter into a new Company Plan or amend the terms of or terminate the existing Company Plan;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(n)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Increase the amount of any bonus, salary or compensation (including in the Company Plan) to any Employee or manager of the Companies, or enter into any severance or retention agreement with such Employee or manager which increases, other than, in any case, in the Ordinary Course;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(o)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Enter into or make capital expenditures of the Companies in excess of </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="font-family: &quot;Palatino Linotype&quot;; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">in the aggregate, other than, in any case, in the Ordinary Course;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(p)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Terminate (caused exclusively by the Companies, either without cause or with the payment of a fee or a penalty in excess of </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">),</font><font style="font-family: &quot;Palatino Linotype&quot;; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">assign, materially amend or extend any Material Contract</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> for a term superior to 1 year, except, in any case, to the extent such termination, assignment, amendment or extension was caused by the Companies&#8217; counterpart in such Material Contracts (unilaterally as a result of a right to which such counterpart was already entitled)</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> (</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> (</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">), </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">);</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(q)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Enter into any contracts providing for exclusivity, non-compete, non-solicit or other provisions materially restricting the Companies&#8217; ability to conduct its business;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(r)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Enter into, amend and/or terminate any agreement with (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Companies on the one hand, and (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Seller or any Affiliate of Seller (other than the Companies) on the other hand, other than the agreements listed on </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">5.2.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">(r)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(s)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Lend any money to any Third Party or any Seller&#8217;s Affiliate other than the Companies;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(t)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Materially accelerate or delay collection of any notes or accounts receivable in advance of or beyond their regular due dates or the dates when they would have been collected in the Ordinary Course;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(u)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Materially delay or accelerate payment of any accrued expense, trade payable or other liability beyond or in advance of its due date or the date when such liability would have been paid in the Ordinary Course;</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(v)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Cause any material delay in the issuance of invoices of accounts payable or materially accelerate issuance of invoices to customer of the Companies;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(w)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Grant any material indemnitee or guarantee exclusively for the benefit of a Third Party or any Seller&#8217;s Affiliate other than the Companies outside of the Ordinary Course;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(x)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Enter into or exit any line of business; </font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(y)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Use (including by means of assignment, transfer and/or exchange) and/or offset any amount of Tax credits (including those arising from</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> PIS and COFINS (Social Security Financing Contributions) and/or ICMS) outside the Ordinary Course; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">and</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(z)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Agree in writing to take any of the actions described above in clauses </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> through </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(y)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> of this Section</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">5.2.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">. </font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">5.2.2.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">For purposes hereof and for clarity purposes, (a) all amounts referred to in USD in the items of this Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">5.2.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> shall be considered (a)(i) in USD, if relating to Oxiteno US, (a)(ii) in BRL, if relating to the Companies incorporated in Brazil, pursuant to the exchange rate (USD/BRL average sale and purchase) </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">based on the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">arithmetic </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">average exchange rates for</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> close of business for</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> each Business Days of the month prior to the date any action listed above is taken</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(or USD to the extent of their rights and/or obligations in USD), and (b) all amounts provided in the items of this Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">5.2.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, if relating to the relevant operations, assets, rights and/or obligations of the Companies other than Oxiteno US and the Companies incorporated in Brazil, shall be converted into USD pursuant to the exchange rates indicated in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">5.2.2.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (or shall be considered in USD to the extent of their rights and/or obligations in USD) </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">based on the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">arithmetic </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">average </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">between the sale and purchase </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">exchange rates for </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">close of business for </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">each Business Days of the month prior to the date any action listed above is taken</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">5.2.3.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Notwithstanding anything contained in this Agreement to the contrary, none of the Companies shall be deemed to have operated outside the Ordinary Course because the Companies were responding to any of the following, and shall not be deemed to breach the first sentence of Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">5.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> or Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">5.2.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (other than items </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> to </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(f)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(l)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(q)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(r)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> and </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(x)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> in response to any of the following: (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">changes in conditions generally affecting the economy; (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the occurrence of earthquakes, natural disasters or global, national or regional political, economic or social conditions or other force majeure event, including stoppages or shutdowns of any Governmental Authority, pandemics, epidemics or disease outbreaks or any escalation or material worsening of any such stoppages or shutdowns, pandemics (including COVID-19), epidemics or disease outbreaks; (iii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">any national or international political, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">economic</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> or social conditions, including tariffs, riots, protests, the engagement in hostilities, whether or not pursuant to the declaration of a national emergency or war, or the occurrence of any military or terrorist attack </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">in the jurisdictions where the Companies operate</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (iv)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the occurrence of any cyberattacks (whether or not state-sponsored), security breaches or data breaches; (v)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">any changes in applicable accounting standards </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">or interpretations thereof as </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">required by Law or its independent auditors, and/or pursuant to binding interpretations of the relevant Governmental Authorities</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">; (vi)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">any changes in Laws or Orders by the Governmental Authorities, including as a result of enactment into Law of Bill of Law No. 2,337/2021 and any amendments thereto; and/or (vii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">any action required to be taken under any Law by which any of the Companies (or any of their respective assets or properties) is bound, including any Laws or other binding directives issued by a Governmental Authority (including any COVID-19 Response), epidemic or disease outbreak, or any changes in any Laws or other binding directives issued by any Governmental Authority; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">provided</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, that, as promptly as practicable after taking any such action, the Company shall notify Buyers.</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">5.2.4.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Prior to the Closing Date, Seller shall exercise, consistent with the terms and conditions of this Agreement and Ordinary Course, complete control and supervision over the Companies and their respective operations. Notwithstanding anything to the contrary contained herein, any action taken, or omitted to be taken, by any of the Companies pursuant to and required by any Law </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">or other binding directives</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> issued by a Governmental Authority providing for business closures, &#8220;sheltering-in-place&#8221; or other restrictions that relate to, or arise out of, any pandemic, epidemic or disease outbreak, including the COVID-19 pandemic, shall in no event be deemed to constitute a breach of this </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">5.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(a &#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">COVID-19 Response</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">provided</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, that, (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">as promptly as practicable after taking any such action, the Company shall notify Buyers; and (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">any event, state of facts, circumstance, development or change as a result of </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">any action taken, or omitted to be taken, by any of the Companies</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> pursuant to the foregoing clauses does not have a Material Adverse Effect</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">5.2.5.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">At any time prior to the Closing, Seller shall be allowed to approve, and cause any of the Companies to approve, the distribution of dividends or interests on capital (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">juros sobre o capital pr&#243;prio</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> to the Company (if by the Included Subsidiaries) and to Seller (if by the Company), whether to be paid prior or after the Closing, provided that, (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">for the avoidance of doubt, any dividend or interest on capital (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">juros sobre o capital pr&#243;prio</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">) approved by the Company but not paid to Seller up to Closing shall be included (without duplication) in the Company&#8217;s Net Debt for the purposes of the Purchase Price adjustment set forth in Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">2.6</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, and (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">after Closing, Buyers shall cause the Companies to pay any dividends or interests on capital (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">juros sobre o capital pr&#243;prio</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">) approved to be paid after Closing in accordance with the terms of their respective approvals, which shall be in accordance with Brazilian Law and informed in writing to Buyers prior to the Closing Date.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">5.2.6.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Notwithstanding anything to the contrary contained herein, the Company and/or Seller, as applicable, shall notify Buyers of any of the actions below, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">as promptly as practicable after taking any such action:</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(a)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Changing any Tax election, adopting or changing any material method of accounting or annual accounting period for Tax purposes, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">file any material amended Tax return, entering into any material closing agreement related to Taxes, settling any </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">material Tax Claim or assessment, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">waiving or extending the statute of limitations in respect of any material Tax </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Claim or assessment, surrendering any right to claim a material Tax refund, or taking any other similar action relating to the filing of any material Tax return or the payment of any material Tax</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">;</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(b)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Amending the organizational documents of the Companies;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(c)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Declaring or paying any dividends, interests on capital (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">juros sob capital pr&#243;prio</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">) or carry out other distribution of profits or reserves or payment of remuneration or own capital or any pecuniary advantage, subject to the terms of Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">5.2.5</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(d)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Initiating, as a plaintiff, any Claims involving an amount in excess of </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="font-family: &quot;Palatino Linotype&quot;; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(with due regard to Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">5.2.2.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> if involving amounts in currency other than USD); and</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(e)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Entering into any new contract that would represent a Material Contract if entered into prior to the execution of this Agreement, other than in the Ordinary Course.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">5.2.7.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">All obligations in this </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">5.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">shall be imposed only to the extent they are not legally impermissible, in particular with respect to applicable Antitrust Laws.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">5.3.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Contact with Customers, Suppliers and Other Business Relations</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">. During the Pre-Closing Period, Buyers hereby agree that they are not authorized to and shall not (and shall not permit any of its Employees, agents, representatives or Affiliates to) contact any Employee, customer, supplier, distributor, broker or other material business relation of the Companies regarding their respective business or the transactions contemplated by this Agreement without the prior written consent of Seller, provided that Buyers shall be entitled to contact </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Seller&#8217;s and the Companies&#8217; lenders, creditors, suppliers, customers or other material business relation of the Companies to the extent such contact, cumulatively, (a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">is not related to the transactions and provisions set forth in this Agreement or to the Companies, their business and/or activities; (b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">does not hinder the business relationships of any of the Companies with its material customers, suppliers, and key business relationships</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">and (c)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">complies with provisions set forth in Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">9.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="background-color: #000000; display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">5.4.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Benefit Plans.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> Seller undertakes to, before the Closing Date, cause the termination of (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">all compensation and benefits plans indicated in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">5.4</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">(a</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> and </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">. </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">(</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">) (</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> &#8220;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">401(</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">) </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;), </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; 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font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">5.5.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">SUDENE Approvals.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> During the Pre-Closing Period, Seller shall, and shall cause the Company to, endeavor its/their reasonable best efforts to: (a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">obtain the approval by </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">Superintend&#234;ncia do Desenvolvimento do Nordeste</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">SUDENE</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;) and the Federal Revenue Office for the transfer of the benefit (from Oxiteno Nordeste to the Company), pursuant to </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">article 60 of the Normative Instruction No. 267, dated as of December 23, 2002 (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">SUDENE Benefit</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;), to which Oxiteno Nordeste was entitled to and which transfer to the Company (as a result of merger of Oxiteno Nordeste into the Company) is subject to pending approval by </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">Superintend&#234;ncia de Desenvolvimento Regional</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">SRD</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> of SUDENE under administrative proceeding No. 59336.001133/2021-97 (R4C9R5); and (b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">cause Oleoqu&#237;mica to renew the SUDENE Benefit, since, as informed by the Companies, Oleoqu&#237;mica&#8217;s SUDENE Benefit (as approved by SRD Report No. 95/2012) will expire in December 2021. The measures (under the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">reasonable best efforts undertaking</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">) include: </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">filing an administrative proceeding before SUDENE for approval of its investment project, as determined by Decree No. 6,539, dated as of August 18, 2008, Provisional Measure No. 2,199-14, dated as of August 24, 2001, and Ordinance No. 283, dated as of July 4, 2013 of the Ministry of National Integration (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">Minist&#233;rio de Integra&#231;&#227;o Nacional)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">requesting a Constitutive Report of the SUDENE Benefit, to be issued by the SRD, as a result of the administrative proceeding previously filed; and </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(c)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">filing an administrative proceeding, with the Constitutive Report attached, pursuant the Federal Revenue Office, as determined by Normative Instruction No. 267, dated as of December 23, 2002, for purposes of the final approval of the SUDENE Benefit by tax authorities</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">5.5.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">For clarification purposes, the Parties expressly agree that any bureaucratic or internal delays and/or system transition interferences imposed by SUDENE or other </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">public authorities for the obtainment and renewal, as applicable, of the SUDENE Benefits mentioned in Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">5.5</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> above shall not be considered as a breach of the Seller&#8217;s and/or the Companies&#8217;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> best efforts endeavor covenant.</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="background-color: #000000; display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">5.6.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">/</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">. </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">-</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&#8217; </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&#8217;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">3.2</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">(</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">)</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; 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font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">. </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">/</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">5.7.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Third-Party Free-Leases Extension.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">During the Pre-Closing Period, Seller shall, and shall cause the Company to, endeavor its/their </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">commercially </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">best efforts to extend for additional 5 years the term of the free-lease agreements </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">listed in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">5.7</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">5.8.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Steering Committee</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">. </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Within 15 days after the execution of this Agreement, Seller and Buyers shall establish a joint migration committee (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Steering Committee</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;) with the purpose of, without limiting any other rights or obligations under this Agreement: (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">sharing information on any restrictive covenant pursuant to Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">5.2.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> and matters of the Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">5.2.6</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">; (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">sharing information on the Antitrust Approval submission filing pursuant to Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">5.1.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">; (iii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">acting as the channel of communication and access by Buyers, under the Steering Committee&#8217;s coordination and supervision, to the key individuals of the Company, for the purposes of preparing the first day after Closing from an operational perspective; (iv)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">sharing information on the timeline and progress of the Conditions Precedent, and clarifying any queries that the Parties may have in that respect (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Transition</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;); and (v)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">sharing information and negotiating the New Adherence Convention pursuant to Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">5.8.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">. The Steering Committee shall be composed of up to 7 members, being 2 members indicated by Seller, 2 members indicated by Company and the remaining 3 members indicated by Buyers, and will meet, remotely or in person, on a reasonably regular basis as appropriate to this end (at least twice a month, with the first meeting occurring within 30 days after the date hereof).</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> The Steering Committee shall have no decision-making powers and shall function only to share information between the Parties and the Company.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">5.8.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Notwithstanding anything to the contrary provided herein, no information sharing shall</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> be permitted to the extent that it would be in violation of any applicable Law of any Antitrust Authority, except, in any case, with respect to lawyer-to-lawyer exchange of information or information which is conveyed to a Buyers&#8217; &#8220;clean team&#8221; (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Forbidden Exchange of Information Undertaking</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;).</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> For clarification purposes, all information shared through the Steering Committee shall be subject to the confidentiality provisions under Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">9.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">5.8.2.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">With due regard to the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Forbidden Exchange of Information Undertaking</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> and for purposes of item (v) of Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">5.8</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> above, the Steering Committee shall, and the Parties shall endeavor their reasonable best efforts to cause the Steering Committee to, discuss whether or not the Companies will remain in</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> Ultraprev&#8217;s benefit supplementation plan (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Ultraprev&#8217;s Benefit Plan</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;) and negotiate either an </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">amendment to the Companies&#8217; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">adherence convention (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">conv&#234;nio de ades&#227;o</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">) (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">New Adherence Convention</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;), in case </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Steering Committee finds it </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">necessary and upon the amendment of Ultraprev&#8217;s </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">bylaws</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> to adjust the definition of sponsor; or a </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Sponsorship Withdrawal Term (which shall be timely prepared </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">under the supervision of </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Steering Committee, and the Parties shall timely provide all necessary information), if the members of the Steering Committee are unable to reach an agreement on the New Adherence Convention</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">5.8.3.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">With due regard to the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Forbidden Exchange of Information Undertaking</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, and for purposes of item (iii) of Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">5.8</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> above, after 30 days as from the date hereof, Buyers&#8217; representatives (as previously discussed and agreed by the Steering Committee) shall be entitled to reasonable access (after request thereof to Seller and the Companies in a Steering Committee meeting, which cannot be unreasonably withheld or delayed, provided any such access shall be conducted only during regular business hours and shall not unreasonably interfere with the operations of the Companies) to information of the Companies as necessary: (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">to allow an organized and manageable integration between Buyers and its Affiliates, on one hand, and the Companies on the other hand, with respect to (a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">system integration, (b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">insurance transition, (c)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">organization design and integration, (d)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">communication plans, (e)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">operations and synergy integration, and (f)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">scopes of the Transition Support; and (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">to provide to financing sources of Buyers and/or its Affiliates for purposes of allowing the planning of the consummation of the transactions contemplated by this Agreement (provided such financing sources undertake, previously and in writing, confidentiality obligations substantially similar to those set forth in Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">9.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, and Buyers remain </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">jointly and severally liable with such financing sources </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">for the confidential treatment of said information).</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">5.8.4.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">With due regard to the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Forbidden Exchange of Information Undertaking</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, as soon as reasonably practicable following the time the Company has finalized its internal monthly financial report, the Company will prepare and deliver to Buyers (for informational purposes only) its calculation of the Net Working Capital as of the end of such month (in the same form as it has been provided by the Company to Buyers prior to the date hereof).</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">5.9.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Call of Post-Closing Companies&#8217; EGMs.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Once the Closing Date is determined, within the legal term (and subject to the formalities) required, Seller shall cause the Company to (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">call</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (to take place on the Closing Date, at 6:00pm) a </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">general meeting of shareholders of the Company to: (a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">approve changes to the by-laws of the Company, including the formation of a board of directors (provided that Buyers&#8217; proposal for the changes shall be defined by Buyers and informed in writing to the Company in anticipation of such call notice); and (b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">to elect new directors of the Company (provided that the identities of Buyers&#8217; candidates shall be defined by Buyers and informed in writing to the Company in anticipation of such call notice) (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Closing EGM</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, and (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">provide all infrastructure necessary for such Closing EGM to properly occur, including space in its head offices, digital platform (if required), access to Buyers&#8217; representatives and legal advisors, provided that the persons indicated by Buyers and/or managers of the Company shall act as president and secretariat of the Closing EGM, which shall be allowed by the Company by-laws.</font></p>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">5.10.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Termination of Certain Agreements.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> Until the Closing Date, Seller shall cause the Companies to (a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">terminate the administrative expenses apportionment agreement listed in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">5.10</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Cost Sharing Agreement</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;) without any adverse impact to the Companies and with the discharge of the Companies in connection with any pending liabilities resulting from the Cost Sharing Agreement; and (b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">to settle the loan agreements listed in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">5.10</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, with the discharge of the Companies in connection with any pending liabilities resulting from such loan agreements, provided that </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">all costs, expenses and acceleration fees (if applicable) related to the settlement of such agreements shall be borne </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">by Seller or, if incurred by the Companies, shall be considered in the calculation of the Working Capital, including for the purposes of the calculation of the Estimated Purchase Price per Share and the Final Purchase Price per Share</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">5.10.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Seller (a) covenants and agrees to cause the Companies to settle and fully pay and discharge the financial agreements listed in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">5.10.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">(a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> before the Closing Date; and (b) may have the right, at its sole discretion, to cause the Companies to prepay, settle, discharge and terminate any of the financial agreements listed in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">5.10.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">(b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, prior to the Closing Date; provided that</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">, in both cases</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (i) the applicable Company is fully discharged of any and all outstanding balances of such financings &#8211; as well as in relation to all costs, fees (including acceleration fees), charges, penalties and/or payments in connection therewith (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Discharge Costs and Charges</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;), and (ii) such prepayment and/or settlement, as the case may be (as well as Discharge Costs and Charges payment), occur and are fully borne prior to the Closing Date </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">and reflected (and added as a liability or as a reserve) in the Estimated Net Debt (and consequently Final Net Debt) or Estimated Working Capital (and Final Working Capital), as the case may be.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="background-color: #000000; display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">5.11.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">XXXXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">-</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> (</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">)</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">(</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">)</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> (</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">)</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> (</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">) </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> (</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> &#8220;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">XXXXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;)</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">:</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno">30</font></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(a)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; 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font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">(</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">)</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> (</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">) </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
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<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno">31</font></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">5.11.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; text-indent: 0pt; widows: 0;"><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">5.11.2.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">. </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">5.12.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Oxiteno Domain.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> Prior to the Closing Date, Seller shall cause Companhia Ultragaz S.A. to transfer the domain Oxiteno.com to the Company, taking the appropriate measure to such extent.</font></p>
<h1 style="line-height: 16pt; margin: 8pt 0pt; page-break-after: avoid; text-align: justify; text-indent: 0pt;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none;" href="#TOC" name="B60_ZVYLJZ65RK00000000000000000000" class="customBookmark"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">6.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 7.33pt; font-variant: small-caps; font-weight: bold; text-decoration: underline; vertical-align: super;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-variant: small-caps; font-weight: bold; text-decoration: underline;">Closing</font></a></h1>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">6.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Closing</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> Upon the fulfillment and/or satisfaction or waiver of all Conditions Precedent (other than those conditions that by their nature are to be satisfied at the Closing), the Parties shall be obligated to consummate the Investment and the Share Purchase and Sale as provided in this Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">6</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Closing</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;). The Closing shall take place at the office of BMA Advogados, located at Av. Presidente Juscelino Kubitschek, 1455, 10</font><font style="font-family: 'Palatino Linotype'; font-size: 7.33pt; vertical-align: super;">th</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> floor, S&#227;o Paulo, SP, Brazil, CEP 04543-011, at 10 a.m. of the last Business Day of (a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the month in which the Closing Notice is received, if the Closing Notice is received by the 20</font><font style="font-family: 'Palatino Linotype'; font-size: 7.33pt; vertical-align: super;">th</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> day of such month, or (b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the subsequent month following the date on which the Closing Notice is received, if the Closing Notice is received after the 20</font><font style="font-family: 'Palatino Linotype'; font-size: 7.33pt; vertical-align: super;">th</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> day of the month, or on a different place, time and date agreed by the Parties (as the case may be, the &#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Closing Date</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;).</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">6.2.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Closing Acts.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> On the Closing Date, the Parties shall perform the following acts:</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(a)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Buyers shall deliver to Seller a signed certificate, dated as of the Closing Date, confirming (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the matters set forth in Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">3.3</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> and Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">3.3</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">; and (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">that no Law or Order applicable to Buyers prohibiting, making illegal and/or restraining the consummation of the Investment or the Share Purchase and Sale is in force or not otherwise definitely suspended or reversed;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(b)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Seller shall deliver to Buyers a signed certificate, dated as of the Closing Date, confirming (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the completion of the ROFR procedures (to the extent they should be completed prior to the Closing Date) and fulfillment of the ROFR Condition, in each case, pursuant to Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">4.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">; (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the matters set forth in Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">3.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> and Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">3.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(c)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">; (iii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">that no Law applicable to Seller and/or the Companies prohibiting, making illegal and/or restraining the consummation of the Investment or the Share Purchase and Sale is in force or not otherwise definitively suspended or reversed; (iv)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">that the Corporate Reorganization has been consummated pursuant to </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">3.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">(b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, providing copies of the relevant corporate acts thereof; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">and </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(v)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">that all material Third Party Authorizations set out in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">3.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">(d)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> have been obtained, providing copies of the documents thereof;</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(c)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Buyers shall pay-in to the Company the IVL Subscription Price as set out in Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">2.3</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, and deliver to the Company and to Seller evidence of transmission of such amount to the Company&#8217;s designated bank account;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(d)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Buyers shall pay to Seller the IVL Upfront Purchase Price as set out in Sections </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">2.4.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> and </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">2.5</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">and deliver to Seller evidence of transmission of such amount to Seller&#8217;s designated bank account;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(e)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">The Company shall use certain or all of the funds received related to the Subscription Price per Share (either paid by Buyers and/or the ROFR Beneficiaries, as the case may be) to pay-in the EPP Holdco Funding (as defined in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">3.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">(b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">) in the amount necessary for the EPP Holdco to immediately pay and discharge the EPP Assignment Price (as defined in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">3.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">(b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">),</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">in case the amount of the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">EPP Assignment Price (as defined in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">3.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">(b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">) is lower than the funds received related to the Subscription Price per Share, then such excess amounts of the Subscription Price per Share will not be transferred to EPP Holdco;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(f)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">X.XX.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(g)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Should the members indicated by Seller and Buyers at the Steering Committee agree with respect to necessity of the New Adherence Convention, pursuant to Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">5.8.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, the Companies and Ultraprev shall execute the New Adherence Convention. Otherwise, (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">t</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">he Companies shall notify Ultraprev in writing exercising their right to withdraw from the Ultraprev&#8217;s Benefit Plan with respect to all Continuing Employees, and the Companies shall take any and all additional actions necessary or reasonably appropriate to that extent;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Seller shall cause Ultraprev to waive the requirement and obligation of the Companies that a 90-day-prior communication is given with respect to referred withdrawal right; (iii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Sponsorship Withdrawal Term agreed </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">by the Steering Committee, pursuant to Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">5.8.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> shall be executed by the Companies and Ultraprev, and (iv)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Seller and Ultraprev shall initiate the proceedings required for implementation of referred withdrawal as soon as the preceding mentioned notice is received.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(h)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Seller shall (1)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">hold or cause to be held a general meeting of shareholders of the Company to fully ratify the Capital Increase in the scenario set forth in item </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(m)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> below, or (2)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">cause the issuance of the Available New Shares to Buyers in the scenario set forth in Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">4.5</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> above, in any case, with the registration of ownership of the Available New Shares in the Company&#8217;s Share Register Book (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">Livro de Registro de A&#231;&#245;es Nominativas</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">) (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Capital Increase Ratification EGM</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;);</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(i)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Upon the confirmation of its deposit in the Company&#8217;s designated bank account, the Company shall deliver to Buyers, with a copy to Seller, a receipt for the full amount related to the IVL Subscription Price per Share paid by Buyers in the form of </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">6.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">(i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">;</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(j)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Upon the confirmation of its deposit in Seller&#8217;s designated bank account, Seller shall deliver to Buyers a receipt for the full amount related to the IVL Upfront Purchase Price paid by Buyers in the form of </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">6.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">(j)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(k)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Seller shall transfer the Available Existing Shares to Buyers, by means of the appropriate records and signatures in the Company&#8217;s Share Transfer Book (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">Livro de Transfer&#234;ncia de A&#231;&#245;es Nominativas</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">) and Share Register Book (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">Livro de Registro de A&#231;&#245;es Nominativas</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">), which, exceptionally, shall be removed from the Company&#8217;s registered office so that the Closing can occur;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(l)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Buyers shall (and may cause the Company to, to the extent of measures within its control) convene the Closing EGM, and Buyers shall vote all its Shares to approve the relevant resolution matters (it being clarified and agreed that in case the Closing EGM does not occur because of an act or omission of Buyers, then this item (and the Closing EGM) will not be considered a Closing act and therefore not required to be consummated at Closing, including for purposes of Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">6.3</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> below); </font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(m)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">To the extent that, cumulatively, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Subscription Price per Share, as converted in BRL by the Pre-Closing Exchange Rate, is </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">equal or lower</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> than the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">ROFR Initial Subscription Price Per Share</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, and (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Upfront Estimated Purchase Price per Share</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, as converted in BRL by the Pre-Closing Exchange Rate, is </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">equal or lower</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> than the ROFR Upfront Initial Purchase Price Per Share, Seller shall:</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 35.45pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">(i)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Cause the Company to fully homologate the capital increase approved at the ROFR EGM and deliver (1)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the ROFR New Shares to ROFR Beneficiaries, and (2)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Available New Shares to Buyers; and</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 35.45pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">(ii)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Transfer the ROFR Existing Shares to the ROFR Beneficiaries, by means of the appropriate records and signatures in the Company&#8217;s Share Transfer Book (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">Livro de Transfer&#234;ncia de A&#231;&#245;es Nominativas</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">) and Share Register Book (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">Livro de Registro de A&#231;&#245;es Nominativas</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">), which, exceptionally, shall be removed from the Company&#8217;s registered office so that the Closing can occur;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(n)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Seller and the Company shall execute the Lease Agreement; and</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(o)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Seller shall deliver to Buyer (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">proof of termination of the Cost Sharing Agreement and settlement of the loan agreements listed in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">5.10</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> and </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">5.10.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">(a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, with full release of the Companies with respect to any obligation or liability under such agreements; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">and (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">6.3.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Simultaneous Actions at Closing.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> All acts to be performed at Closing are part of a single transaction agreed among the Parties, and shall be deemed to be performed and implemented simultaneously, regardless of the order in which they are referred to or numbered in this Agreement. Accordingly, in the event that any of acts to be performed at Closing is not effectively performed and/or waived on the Closing Date, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">all acts that may have been performed shall be void and without effect, unless the Parties expressly agree otherwise, in writing.</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">6.4.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Post-Closing ROFR Undertakings.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> In the case set forth in Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">4.5</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, the Parties shall, and Buyers shall cause the Company, to timely comply with all provisions of Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">4.5</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> in order to grant the ROFR Beneficiaries the opportunity to pay </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">ROFR Upfront Additional Subscription Price </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Per Share</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> and the ROFR Upfront Additional Purchase Price </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Per Share</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, and subscribe the relevant ROFR New Shares and acquire the relevant ROFR Existing Shares.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">6.4.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Within 5 Business Days after the end of the period for the payment of the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">ROFR Upfront Additional Subscription Price Per Share and the ROFR Upfront Additional Purchase Price </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Per Share set forth in Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">4.5</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, Seller and the Company (as applicable) shall notify Buyers and Seller (in the latter case with respect to payment of ROFR Upfront Additional Subscription Price Per Share) informing if any of the ROFR Beneficiaries failed to pay the ROFR Upfront Additional Subscription Price Per Share for any ROFR New Share (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Unpaid ROFR New Shares</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;) or the ROFR Upfront Additional Purchase Price Per Share for any ROFR Existing Share (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Unpaid ROFR Existing Shares</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;).</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">6.4.2.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Within 10 Business Days after receiving the notice set forth in Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">6.4.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">:</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(a)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Should there be any Unpaid ROFR Existing Shares, Buyers shall (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">subscribe for and pay-in to the Company the Subscription Price per Share as set out in Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">2.3</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> for all Unpaid ROFR New Shares, and deliver to the Company and to Seller evidence of transmission of such amount to the Company&#8217;s designated bank account</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">; and (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">pay to Seller the IVL Upfront Purchase Price, as converted in BRL by the Pre-Closing Exchange Rate, as set out in Sections </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">2.4.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> and </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">2.5</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> for all Unpaid ROFR Existing Shares, and deliver to Seller evidence of transmission of such amount to Seller&#8217;s designated bank account; and/or</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(b)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">The Company shall use certain or all additional funds received related to the Subscription Price per Share (either paid by Buyers or the ROFR Beneficiaries, as the case may be) to pay the EPP Holdco Funding (as defined in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">3.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">(b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">), as necessary for EPP Holdco to immediately and fully pay and discharge the EPP Assignment Price (as defined in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">3.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">(b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">in case the amount necessary to discharge the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">EPP Assignment Price (as defined in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">3.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">(b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">) is lower than the additional funds received related to the Subscription Price per Share, then such excess additional amounts of the Subscription Price per Share will not be transferred to EPP Holdco;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(c)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Buyers shall cause the Company to fully </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">homologate the capital increase approved at the ROFR EGM, delivering (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the ROFR New Shares to ROFR Beneficiaries that fully paid the ROFR Upfront Additional Subscription Price Per Share and the ROFR Upfront Additional Purchase Price Per Share, and (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Unpaid ROFR New Shares to Buyers, as the case may be; and</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(d)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Seller shall transfer (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the ROFR Existing Shares to the ROFR Beneficiaries that fully paid the ROFR Upfront Additional Subscription Price Per Share and the ROFR Upfront Additional Purchase Price Per Share, and, (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Unpaid ROFR Existing Shares to Buyers, as the case may be, by means of the appropriate records and signatures in the Company&#8217;s Share Transfer Book (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">Livro de Transfer&#234;ncia de A&#231;&#245;es Nominativas</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">) and Share Register Book (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">Livro de Registro de A&#231;&#245;es Nominativas</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">), which, exceptionally, shall be removed by Buyers from the Company&#8217;s registered office so that the transfer set forth herein can occur.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">6.5.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Post-Closing</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;"> EGMs.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> Immediately after Closing, the Company shall (under the supervision of Buyers) hold general meetings of shareholders of the Companies (other than the Company), for the replacement of current managers thereof by new managers of such Companies to indicated by Buyers and approve changes to the by-laws of such Companies (it being clarified and agreed that the general meetings of shareholders of the Companies shall not be considered a Closing act and therefore not required to be consummated at Closing, including for purposes of Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">6.3</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">).</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">6.6.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Other Undertakings.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> The Parties undertake to take any and all other actions and sign any and all other documents, before, at or after the Closing Date, that may be necessary or convenient to the good and proper formalization of (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the subscription of the Available New Shares and the Unpaid ROFR New Shares, and the acquisition of the Available Existing Shares and the Unpaid ROFR Existing Shares by Buyers, and (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the subscription of the ROFR New Shares and the acquisition of the ROFR Existing Shares by the relevant ROFR Beneficiaries; and the consummation of all transactions contemplated in this Agreement.</font></p>
<h1 style="line-height: 16pt; margin: 8pt 0pt; page-break-after: avoid; text-align: justify; text-indent: 0pt;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none;" href="#TOC" name="B70_RIV09ID41C00000000000000000000" class="customBookmark"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">7.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-variant: small-caps; font-weight: bold; text-decoration: underline;">Representations and Warranties by Seller</font></a><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-variant: small-caps; font-weight: bold; text-decoration: underline;"> </font></h1>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Except as set forth in the disclosure Schedules provided in this Section, Seller (with respect to itself and with respect to the Companies, as applicable) and the Companies (with respect to themselves) hereby </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">represents and warrants to Buyers that the statements set forth in this Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">7</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> are true and correct as of the date hereof and will be true and correct as of the Closing Date, except in case that any such representation and warranty is expressed herein to be given at one of these two dates only or at another specified date. </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">For clarity purposes, all Sections of this </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">7</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> referring to specific Laws and/or jurisdictions shall only apply to the Companies subject to those Laws and/or </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">jurisdictions.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; page-break-after: avoid; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">7.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Existence; Enforceability; Capacity; Solvency</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(a)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Seller and each of the Companies have been duly incorporated, are validly existing, duly organized and in good standing under the Laws of the applicable jurisdictions. Seller and each of the Companies are duly qualified or licensed to do their respective businesses and are in good standing (to the extent such concepts are recognized under applicable Law) in each jurisdiction in which the character or location of the properties </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">they own, lease or operate or the nature of their respective businesses makes such qualification, license or good standing necessary.</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(b)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">This Agreement a</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">nd all other documents executed under this Agreement </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">constitute valid and binding obligations of Seller and of the Companies, enforceable in accordance with their terms and conditions, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">except as such enforcement may be limited by any Enforceability Exceptions</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">To the Seller and the Companies&#8217; Knowledge, there is no Claim pending against or threatened in writing against Seller or any of the Companies before any Governmental Authority which in any manner challenges or seeks to prevent, alter or delay the transactions contemplated under this Agreement or would prevent the transactions contemplated under this Agreement or hinder Seller&#8217;s or the Companies&#8217; ability to timely perform their obligation under this Agreement.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(c)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Seller and the Companies have all necessary rights, capacity and authority and have obtained all corporate authorizations to execute this Agreement and to perform their obligations under this Agreement, other than the ROFR EGM.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(d)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">At this date and until immediately before and after giving effect to the consummation of the Investment and the Share Purchase and Sale, each of the Companies is/will be Solvent and no obligation is being incurred by the Companies in connection with the Investment and the Share Purchase and Sale with the intent to hinder, delay or defraud either present or future creditors of the Companies.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(e)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">There are no Claims against Seller or the Companies that would reasonably be expected to cause the performance of this Agreement to be considered a fraud to creditors (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">fraude a credores</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">) or a fraud to foreclosure procedures (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">fraude &#224; execu&#231;&#227;o</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">), pursuant to applicable Law.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">7.2.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Governmental Authorizations</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">. Except as set forth in Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">3.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(d)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> assuming the truth and accuracy of the representations and warranties of Buyers and the Guarantors, neither Seller, nor any of the Companies is required to obtain any additional consent, approval, permission, requirement, or authorization, and/or any declaration, filing, submission, or registration by, from or with any Governmental Authority in connection with the execution and performance of this Agreement.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">7.3.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Non-Contravention.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> Assuming that the notices, approvals and consents set forth in Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">3.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(d)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> have been timely made, obtained or given, neither the execution of this Agreement nor the consummation of any of the transactions contemplated hereby </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">are prohibited by, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">conflict with, would result in any violation of, termination of and/or acceleration under any provision of (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the articles of association or by laws of Seller or of any of the Companies; (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">any Order; (iii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">any applicable Enforceability Exceptions; (iv)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">any Law, in each case applicable to Seller or the Companies</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">; or (v)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">result in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the creation or the imposition of any Lien upon any of the Shares, except pursuant to this Agreement</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.&nbsp;&nbsp;</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">7.4.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Capital Stock; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Ownership of Shares; Shareholder Agreements; Included Subsidiaries; Trading Companies.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(a)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Seller is the lawful owner </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">of 35</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">102</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">127 common shares of the Company, with no par value, representing before the homologation of the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">capital increase approved at the ROFR EGM</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> 100% of the Company&#8217;s voting and total capital stock (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Existing Shares</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;), </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">all of which have been duly issued and are fully paid in. </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">All Existing Shares are free and clear of any and all Liens</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(b)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Each of the Companies&#8217; capital stock is set forth on </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">7.4</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">(b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">. All outstanding quotas, shares and/or membership interest of each of the Companies&#8217; capital stock are validly issued, fully paid-in and were not issued in violation of any preemptive rights or other rights set forth the in applicable Law.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(c)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">On the date hereof, the Company is the lawful owner of the shares, quotas and/or membership interest of the legal entities set forth in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">7.4</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">(c)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">(i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">. </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">7.4</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">(c)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">(i) </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">includes the name and the jurisdiction of organization of each of such legal entities. Upon completion of the Corporate Reorganization, the Company shall cease to hold, directly or indirectly, any equity interest in the legal entities set forth in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">7.4</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">(c)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">(ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(d)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Except as indicated in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">7.4</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">(b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> or </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">7.4</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">(c)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">(i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, there is no (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">existing option, warrant, call, right, contract or Lien of any character to which any of Seller or any of the Companies is a party requiring, and there are no securities of any of the Companies outstanding which upon exercise of any such right, conversion or exchange would require, the issuance of, transfer of or creation of any Lien on any equity interests of any of the Companies or other securities convertible into, exchangeable for or evidencing the right to subscribe for or purchase, equity interests of any of the Companies; (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">outstanding obligation, contingent or otherwise, of any of the Companies to repurchase, redeem or otherwise acquire any securities; or (iv)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">phantom stock and/or other derivative rights that give any Person, contractually or otherwise, the right to receive any economic benefit or value derived from or in connection with the economic benefits (and/or their appreciation) and any rights accruing to holders of the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">equity interests of any of the Companies.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(e)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Except as set forth in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">7.4</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">(e)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, the Companies are not parties to any shareholder agreements or other contract or understandings in effect with respect to the voting, redemption, Lien, sale, transfer or other disposition of its shares or quotas.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Since the Base Date, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">there has not occurred the event mentioned in Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">5.2.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(d)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">7.4.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic; font-weight: bold;">Included Subsidiaries.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> Upon completion of the Corporate Reorganization, the Company will be the lawful owner of the totality of the shares, quotas and/or equity interests of the entities set forth in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">7.4.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, directly or indirectly (the &#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Included Subsidiaries</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221; and, jointly with the Company, the &#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Companies</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;). </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Immediately prior to the Closing, none of the Companies shall hold equity interests or other securities in any legal Persons except as set forth in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">7.4.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">. </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">All shares, quotas and/or equity interests issued by the Companies (other than the Company) have been duly issued, are fully paid in, and are free and clear of any and all Liens except as set forth in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">7.4.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">7.4.2.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic; font-weight: bold;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic; font-weight: bold;">x</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic; font-weight: bold;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic; font-weight: bold;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> (</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">)</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">x</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">/</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">x</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&#8217;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> (</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">) </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&#237;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">x</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">x</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">-</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">x</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; 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font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&#237;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">: (</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">)</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">-</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">/</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, (</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">)</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">; </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> (</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">)</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">7.4.4.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic; font-weight: bold;">Trading Companies</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> Oxiteno (Shangai) Ltd., Oxiteno Argentina S.R.L., Oxiteno Colombia SAS and Oxiteno Europe SPRL (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Trading Companies</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;) are companies duly organized and validly existing under the Laws of their respective jurisdictions and have all requisite power and authority to carry on their respective business as trading entities as now conducted. The Trading Companies (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">do not engage in any business activity or agreement other than those trading activities allowed by their corporate documents and pursuant to their Ordinary Course; and (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">have not entered into any agreements with any Third Parties except for (ii)(a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">agreements for the intermediation of sales of products by the other Companies (in their capacity as representative office agents </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">(representantes comerciais</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">), and (ii)(b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">agreements to retain services within the ordinary course of day-to-day business which are not material (such as office general maintenance expenses and agreements with employees); (iii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">have as their sole source of revenue the commissions paid by the other Companies for the intermediation services provided, (iv)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">in the last 5 years, have maintained workforce of up to 10 Employees at each; and (v)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">are not subject to any Claim, neither </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">pending nor, to the Seller&#8217;s Knowledge, threatened in writing.&nbsp;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">7.5.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Bankruptcy or Judicial Composition Proceedings</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">. No bankruptcy </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">fal&#234;ncia</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">), insolvency, moratorium </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">or </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">judicial or extrajudicial reorganization (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">recupera&#231;&#227;o judicial ou extrajudicial</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> have been applied for, proposed, filed against or entered into by any of Seller and/or the Companies and, to Seller&#8217;s and/or Companies&#8217; Knowledge, no circumstances exist which would require the application for any such proceedings.&nbsp;</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">7.6.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Compliance with Anti-Bribery Laws.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">There are no Claims existing or to Seller&#8217;s </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">and/or Companies&#8217;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> Knowledge, imminent, involving Seller and/or any of the Companies by </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">any Governmental Authority regarding applicable Anti-Bribery Laws. There are no internal investigations being conducted or reviewed by Seller and/or the Companies regarding actual or possible violations of any applicable Anti-Bribery Laws.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">7.6.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">No</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> manager or employee of the Companies, when acting on behalf of the Companies, and, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">to Seller and/or the Companies&#8217; Knowledge, no</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> agent or representative of the Companies, when acting on behalf of the Companies, has directly or indirectly, (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">made any unlawful payment to foreign or domestic government officials or employees or to any foreign or domestic political parties or campaigns or violated any provisions of any Anti-Bribery Laws, or (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">taken any action that would constitute a violation of any Anti-Bribery Laws. </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">To Seller and/or the Companies&#8217; Knowledge, the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Companies have conducted their respective businesses in compliance with Anti-Bribery Laws binding upon each of them, in all material respects. The Companies have approved and maintained a reasonable compliance program as required by the Anti-Bribery Laws.&nbsp;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">7.7.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Compliance with Antitrust Laws</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">. </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Except as described in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">7.7</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, there is no </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">pending prior proceedings (for the last three years) (including government, judicial or regulatory proceedings and investigations) and, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">to Seller and/or</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> the Companies&#8217; Knowledge, threatened</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> involving any of the Companies. There is no judgment imposed upon any of the Companies, by or before any Governmental Authority, in connection, in any case, with any alleged violation of any Antitrust Laws, including any proceeding regarding possible abuse of a dominant position.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">7.8.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Financial Statements; Undisclosed Liabilities; Absence of Changes</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">The audited consolidated financial statements of the Company prepared as of the Base Date are attached hereto as </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">7.8</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-variant: small-caps; text-decoration: underline;">(</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">i</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-variant: small-caps; text-decoration: underline;">)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Consolidated Financial Statements</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;). The audited individual financial statements of each of the Companies prepared as of the Base Date are attached hereto as </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">7.8</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">(ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (jointly with the Consolidated Financial Statements, the &#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Financial Statements</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;).</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">7.8.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Each of the Financial Statements (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">was prepared in accordance with the Brazilian GAAP and the Accounting Principles, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">except as may be indicated in</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">notes thereto and subject, in the case</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> of </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">audited Financial Statements, to the absence</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> of </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">footnotes and normal year</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8209;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">end adjustments, none of which are material individually or in the aggregate to the Companies taken as a whole; (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">fairly present, in all material respects, the correct and consolidated financial position of the Companies as of the dates thereof and their consolidated results of operations for the periods then ended (subject, in the case of audited Financial Statements, to the absence of footnotes and normal year-end adjustments, none of which are reasonably expected to be material individually or in the aggregate to the Companies taken as a whole)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">; and (iii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">were derived from the Books and Records of the Companies.</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">7.8.2.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">N</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">one of Companies has any liabilities, debts or obligations that have not been properly reflected in the Companies&#8217; Financial Statements, except for liabilities that are not material or were incurred after the Companies&#8217; Financial Statements. </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">The Companies maintain a system of internal controls over financial reporting that, to the</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> Seller and/or the Companies&#8217; Knowledge,</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> is reasonably sufficient for the reliability of financial reporting and the preparation of the Financial Statements.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">7.8.3.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Since the Base Date (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the business of the Companies has been conducted in accordance with the Ordinary Course in all </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">material </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">respe</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">cts;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> and (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">there has not occurred and is continuing a Material Adverse Effect, nor the event mentioned in Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">5.2.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(j)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">7.8.4.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Books and Records. </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">The Companies&#8217; Books and Records are kept, in all material respects, in accordance with the applicable Law and reflect in all material respects the content of the events and transactions that should be reflected therein in accordance with </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">applicable Law.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">7.9.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Material Permits</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">. </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Except for matters that are subject to the representations and warranties in Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">7.16</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">Taxes</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">), Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">7.18</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">Labor and Employment Matters</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">) and Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">7.19</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">Environmental Matters</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">): </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">to </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Seller and/or the</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> Companies&#8217; Knowledge,</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> the Companies are in possession of all material governmental approvals and other material public licenses and permits which are necessary to operate their businesses in substantially the same fashion or manner as conducted on the date hereof and the lack of which would be materially adverse to the Companies&#8217; businesses (collectively &#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Material Permits</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">; (b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">as of the date hereof, the Companies have not received any written notice from a Governmental Authority indicating that any such Material Permits are or will be revoked; (c)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">each such Material Permit is in all material respects in full force and effect and, to </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Seller and/or the Companies&#8217; Knowledge,</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> each of the Companies has been in compliance in all material respects with all of its obligations and requisites with respect to such Material Permits</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">; and (d)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Companies are not subject to any pending (and with respect to which the Companies have been notified </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">in writing)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> and/or, to Seller and/or the Companies&#8217; Knowledge, threatened Claim challenging or seeking the revocation, suspension, termination, modification or impairment of any such Material Permit</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-variant: small-caps;">.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">7.10.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Material Contracts</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">. </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">7.10</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> includes a list of all contracts listed below&#8211; which are in force and effect &#8211;, to which any of the Companies is a party or by which any of the Companies are bound (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Material Contracts</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;):</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(a)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> (</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">(</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">)</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">);</font></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno">41</font></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="text-indent: 0pt; background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(b)</font><font style="text-indent: 0pt; font-variant-numeric: normal; font-variant-east-asian: normal; font-stretch: normal; font-size: 7pt; line-height: normal; font-family: 'Times New Roman';">&nbsp; </font><font style="text-indent: 0pt; background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="text-indent: 0pt; background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="text-indent: 0pt; background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="text-indent: 0pt; background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="text-indent: 0pt; background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="text-indent: 0pt; background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="text-indent: 0pt; background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="text-indent: 0pt; background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="text-indent: 0pt; background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="text-indent: 0pt; background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="text-indent: 0pt; background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="text-indent: 0pt; background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="text-indent: 0pt; background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="text-indent: 0pt; background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="text-indent: 0pt; background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="text-indent: 0pt; background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="text-indent: 0pt; background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="text-indent: 0pt; background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="text-indent: 0pt; background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="text-indent: 0pt; background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="text-indent: 0pt; background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="text-indent: 0pt; background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="text-indent: 0pt; background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="text-indent: 0pt; background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="text-indent: 0pt; background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="text-indent: 0pt; background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="text-indent: 0pt; background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="text-indent: 0pt; background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="text-indent: 0pt; background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="text-indent: 0pt; background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="text-indent: 0pt; background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="text-indent: 0pt; background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="text-indent: 0pt; background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="text-indent: 0pt; background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="text-indent: 0pt; background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="text-indent: 0pt; background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="text-indent: 0pt; background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="text-indent: 0pt; background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="text-indent: 0pt; background-color: #000000; font-family: 'Palatino Linotype'; 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font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">involved payments by any of the Companies in an amount</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">greater above </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; 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font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">(</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">)</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">))</font><font style="font-family: &quot;Palatino Linotype&quot;; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">or provide for any exclusivity, when such contracts were executed with the Companies&#8217; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">customers;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(d)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Contracts between or among the Companies on the one hand and Seller or any Affiliate of Seller (other than the Companies) on the other hand;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(e)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Contracts related to the incurrence of any financial indebtedness (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">d&#237;vida financeira</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">) of the Companies of an amount in excess </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">of USD</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">5,000,000.00, individually</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, other than </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">related to purchase of inventory in the Ordinary Course;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(f)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Contracts for the acquisition of capital equipment or fixed assets requiring the payment by the Companies of an amount in excess of </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">x</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">-</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">x</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">x</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(g)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Contracts entered into involving the purchase of material assets of any Person (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">i.e.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> equity interest or assets in an amount in excess of </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> individually, other than in, any case, the Ordinary Course);</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(h)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Contracts requiring the disposition of any assets material to the ongoing operation of the business of the Companies, including disposition of assets, with book value in excess of </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">individually</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, other than, in any case, in the Ordinary Course;</font></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno">42</font></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(i)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Contracts governing (1)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">joint venture, partnerships or agreements granting a share of profits or losses; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">or (2)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">merger, consolidation, business combination, corporate reorganization or similar extraordinary transaction</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(j)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Contracts related to the purchase of feedstock, raw materials or sale of products in the Ordinary Course</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> providing for</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> exclusivity, non-compete, non-solicit or other provisions restricting the Companies&#8217; ability to conduct the business of the Companies;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(k)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">All distribution, agency or representation agreements, involving individually total payments by the Companies in excess of: </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">(</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">) </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> - </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; 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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(l)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Contracts providing guarantees and/or joint liability by the Companies in favor of Seller or third parties other than in the Ordinary Course; and </font></p>
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font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">).</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">7.10.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Except as set forth in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">7.10.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, provided that all representations</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> and warranties set forth in this Section with respect to the relevant counterparts of the Material Contracts are limited to the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Seller and/or the Companies&#8217; Knowledge</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">: (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">all Material Contracts were duly entered into by or assigned to the Companies (as applicable) and to the relevant counterpart(s); (b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">all such Material Contracts are in full effect and constitute binding obligations enforceable against the Companies (as the case may be) and the relevant counterpart(s); (c)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">none of the Companies or their relevant counterpart(s) are in breach of, or default under (nor, to the Seller and/or the Companies&#8217; Knowledge, does there exist any condition which upon the passage of time or the giving of notice or both would cause such a violation of or breach or default under, or would reasonably be expected to cause the acceleration of any obligation or loss of any right under, or give rise to any right of termination of) any material obligation set out in any of the Material Contracts; and (d)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">up to the date hereof, no written notice has been received from any counterparty to the effect, and there is no reasonable basis to believe, that any counterparty may suspend, decrease the rate of, or change the terms (whether related to payment, price or otherwise) with respect to supplying or acquiring materials, products or services to or from the Companies under any Material Contract.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Since the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Base Date, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">there has not occurred the event mentioned in Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">5.2.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(p)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> and </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">5.2.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(q)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">7.10.2.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Except as listed in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">7.10.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">(i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, there</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> are no contracts and/or obligations between the Companies, on one side, and any Related Party of the Companies or Seller or its Affiliates on the other side (other than the Companies).</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> The contracts and/or obligations between the Companies, on one side, and any Related Party of the Companies or Seller or its Affiliates on the other side (other than the Companies) listed in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">7.10.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">(ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> are at arm&#8217;s length terms.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">7.11.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Insurance</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">. </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">All insurance policies currently maintained by any of the Companies or currently maintained by the Seller in the benefit of the Companies: (a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">are in full force and effect in accordance with their terms and conditions</font><font style="font-family: &quot;Palatino Linotype&quot;; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">x</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> (</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">) </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> (</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">) </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">; </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="font-family: &quot;Palatino Linotype&quot;; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">to Seller and/or the Companies&#8217; Knowledge, are, in all material respects, sufficient to meet all legal requirements. To </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Seller and/or the Companies&#8217; Knowledge</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> and except as disclosed in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">7.11</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">: (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">there are no pending Claims </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">in an amount</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">greater </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">than </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="font-family: &quot;Palatino Linotype&quot;; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">under such insurance policies on the date hereof; (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">up to the date hereof, no incident that is likely to give rise to a Claim </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">in an amount</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">greater than </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">under such insurance policies has occurred; and (iii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">none of the Companies is in material breach or default, and none of the Companies have taken any action or failed to take any action which, with notice or the lapse of time, would constitute a breach or default, or permit termination or modification, of any of the insurance policies currently maintained by them. No written notice of cancellation or termination, in whole or in part, has been received by the Companies with respect to any of the insurance policies currently maintained by them. All premiums for such insurance policies have been timely paid. To </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Seller and/or the Companies&#8217; Knowledge</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, nothing has been done or omitted by the Companies which would make any material insurance policy void or voidable or would reduce or mitigate any insurance proceeds under any insurance policy</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-variant: small-caps;">.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">7.12.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Material Assets.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> All Material Assets are owned by, or are in the lawful possession of, the Companies, as applicable, free and clear of Liens other than Permitted Liens. The Material Assets are in good operating condition, maintenance and repair, subject only to ordinary wear and tear, which is not such as to affect adversely the operation of the Companies&#8217; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">businesses; and at the Closing Date no Material Asset shall have been subject to explosion, fire, or other significant unforeseeable event, as to affect adversely the operation thereof, or, if such event has occurred, (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Companies&#8217; businesses carried out at the respective Material Asset will be fully operating at the Closing Date in the Ordinary Course, and (ii) the adverse consequences of such event shall have been properly and fully addressed and remedied. At the Closing Date, the Companies will have good and valid title to or, in the case of leased assets, a valid lease interest in, or other valid license or other rights in, the Material Assets. Since the Base Date, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">there has not occurred the event mentioned in Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">5.2.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(g)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">. To Seller and/or the Companies&#8217; Knowledge, the Companies are not subject to any pending and/or threatened (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">in writing) </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Claim affecting such Material Assets that would adversely </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">interfere, affect or impact in any material respect the use, operation, occupancy or lease of the Material Assets.</font></p>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">7.13.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Real Estate</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">7.13</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> contains</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> a complete list of the real estate properties </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">owned by the Companies as of the date of this Agreement (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Owned Real Property</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;).</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">7.13.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Except as set forth in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">7.13.5</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, the Company or its relevant Included Subsidiary has good, indefeasible title to each parcel of Owned Real Property, free and clear of all Liens other than Permitted Liens.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">7.13.2.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Except as set forth in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">7.13.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, the Companies have not leased or otherwise granted to any Person the right to use or occupy the Owned Real Property or any portion thereof, and there are no outstanding rights of first refusal or options to purchase, use and/or lease any of the Owned Real Property or any portion thereof or interest therein and all conditions and covenants undertaken by the Companies and/or Seller in relation to the Owned Real Property have been fully fulfilled.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">7.13.3.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Except with respect to the matters described under Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">5.6</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> and as set forth in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">7.13.3</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, t</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">he Companies </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">have been in full compliance with all covenants and conditions set forth in each acquisition title of</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> and have </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">bona fide</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> possession over all </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Owned Real Property</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, and</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> there is </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">no Claim existing and, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">to </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Seller and/or the Companies&#8217; Knowledge, threatened,</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> related to their title or possession and is in undisturbed possession thereof. The </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Owned Real Properties have</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> not been declared as of public use, expropriated, certified as a historic heritage or landmark by any public agency, for any purpose, in whole or in part, neither is subject to eviction, constriction, seizure and the use thereof is not prohibited for any reason whatsoever.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">7.13.4.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Except for the Owned Real Properties identified in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">7.13.4</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, the buildings, structures, fixtures and improvements located on the Owned Real Property have or are in the process of requesting or renewing the required material licenses and permits pursuant to applicable Law and comply or are in the process of complying with material fire department requirements and other material rules of the urban codes applicable to the relevant </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Owned Real Property</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">7.13.5.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">x</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> (&#8220;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;), </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> (</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">&#237;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">) </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">/</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">x</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">7.13.6.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">To the extent required by applicable Law, the Owned Real Property is occupied under a valid and current certificate of occupancy or similar permit (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">habite-se</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">) and, to </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Seller and/or the Companies&#8217; Knowledge</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, there are no facts, contractual or legal restrictions that would prevent such Owned Real Property from continuing to be occupied and used by the Companies after the Closing in the same manner as occupied and used by the Companies immediately prior to the Closing.</font></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno">45</font></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">7.13.7.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">The Companies have not received any written notice of and, there are no existing, pending or,</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> to </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Seller and/or the Companies&#8217; Knowledge,</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> threatened in writing, Claims affecting any Owned Real Property or adversely affecting any right, title or interest of any of the Companies in any of the Owned Real Property, which would reasonably be expected to materially and adversely affect the ability to operate the Owned Real Property as currently operated,</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> except with respect to the matters described under Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">5.6</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">7.13.8.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">To </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Seller and/or the Companies&#8217; Knowledge</font><font style="font-family: &quot;Palatino Linotype&quot;; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">x</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="font-family: &quot;Palatino Linotype&quot;; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Owned Real Properties are properly zoned for their present use under the applicable zoning ordinances, and there are no pending or threatened (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">in writing</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">) proceeding which could reasonably result in a modification or termination of such zoning.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">7.13.9.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">7.13.9</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">sets forth a correct and complete list of all leases, free-leases and subleases of real property, pursuant to which any of the Companies is a party or by which any of them is bound, in each case, as of the date of this Agreement (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Leased Real Property</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;). Except as set forth in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">7.13.9</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, with respect to each of the leases, free-leases and subleases for such Leased Real Property: (a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">to </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Seller and/or the Companies&#8217; Knowledge,</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> such lease, free-lease or sublease (and each of their related service or other agreement) has been executed by the Companies with the actual owner of the Leased Real Property; (b) such lease, free-lease or sublease (and each of their related service or other agreement) is valid, binding and enforceable by and against the Companies which is party to such lease, free-lease or sublease, except as such enforceability may be limited by any applicable Enforceability Exceptions; (c)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">no such lease, free-lease or sublease (and each of their related service or other agreement) has been subject to a breach by the applicable Companies in any material respect or canceled or terminated by the other party which has not been duly cured or reinstated, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(d)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">t</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">he Companies enjoy peaceful and undisturbed possession of</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Leased Real Property and, to </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Seller and/or the Companies&#8217; Knowledge,</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> there are no </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">contractual or legal restrictions that preclude or restrict in any material way the ability to use the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Leased Real Property</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> for the purposes for which it is currently being used;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (e)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">none of the Companies has received formal notice of any Claim of material default under any such lease, free-lease or sublease dated less than 24 months prior to the date of this Agreement, which would reasonably be expected to adversely affect the ability to operate the Leased Real Property as currently operated;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> and (f)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">to </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Seller and/or the Companies&#8217; Knowledge,</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> the buildings, structures, fixtures and improvements located on the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Leased Real Property</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> have the required material licenses and material permits pursuant to applicable Law and comply with the Lease, the material fire department requirements and other urban codes applicable to the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Leased Real Property</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">7.14.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Intellectual Property.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> The registered intellectual property rights listed in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">7.14</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Registered IP Rights</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;) are owned by the Companies, free and clear of all Liens</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">. </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">7.14</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">also contains a correct and complete list of all material </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">unregistered Intellectual Property that were formally deposited, but not yet granted to </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Companies by the relevant Governmental Authority, used by the Companies that are necessary to conduct the Companies&#8217; business as it is currently conducted by the Companies, according to past practices (jointly with Registered IP Rights, the &#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Scheduled Intellectual Property</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;). </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">All registration and maintenance fees have been paid to validly maintain the Registered IP Rights with the competent authorities</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">. The Registered IP Rights are valid and no rights forming part of such Registered IP Rights have been abandoned, have lapsed or have been otherwise lost through the action of, or failure to act by any of the Companies (for the avoidance of doubt, such action or failure shall not include (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">any abandonments, lapses or other losses incurred in the regular course of business or prosecution of the Registered IP Rights or (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">with respect to trademarks any susceptibility to cancellation for non-use).</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">7.14.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(i) To </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Seller and/or the Companies&#8217; Knowledge</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the conduct of the business of the Companies as presently conducted, does not infringe or otherwise violate any Third Party&#8217;s Intellectual Property rights in a manner that may be material to the Companies&#8217; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">business; (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">there are no such Claims presently pending (and with respect to which the Companies have been notified </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">in writing) </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">or, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">to </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Seller and/or the Companies&#8217; Knowledge, threatened in writing against any of the Companies by any Third Party in a manner that may be material to the Companies&#8217; business; and (iii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">to </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Seller and/or the Companies&#8217; Knowledge, no Third Party is </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">infringing or otherwise violating any Registered IP Right in a manner that may be material to the Companies&#8217; business. </font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">7.14.2.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Within </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">24 months</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> prior to the date hereof, none of the Companies (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">received a written third-party challenges regarding the patentability or validity, in particular by initiation of any cancellation, revocation, opposition or rectification proceedings, of any of the Registered IP Rights directed to a Governmental Authority, except for official communications from trademark and patent offices as part of normal prosecution</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">received a written notice alleging that any material products or services sold or distributed by the Companies infringe the intellectual property rights of any other Person; or (iii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">sent a written notice that any other Person is infringing any of the Registered IP Rights.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">7.14.3.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">The Companies have taken commercially reasonable measures to protect the secrecy, confidentiality and value of their respective trade secrets material to the Companies&#8217; business included in the Intellectual Property that are used in the conduct of their respective businesses as presently conducted</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">7.15.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">IT Systems</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">. </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Except as agreed to be provided as part of the Transition Support, the material information technology systems (including hardware, network components, software or other similar information technology systems) used by the Companies as of the date hereof (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Systems</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;): (a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">are owned by, leased or otherwise made available to the Companies and shall continue to be available to the Companies as of the Closing Date in the same manner as in the Ordinary Course; and (b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">are substantially adequate for the operational and business requirements of the Companies. With respect to the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Systems, except as disclosed in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">7.23</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">in the last 5 years, there has not been any material malfunction or material failure or interruption in the Systems that has caused a material disruption to the Companies&#8217; business, and (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Companies have taken reasonable steps and implemented reasonable procedures to ensure that such Systems used in connection with the operation of each of the Companies&#8217; respective businesses have reasonably adequate protection from contaminants, including the use of commercially available antivirus software with the intention of protecting the Systems from becoming infected by viruses and other harmful code. The Companies have implemented reasonably appropriate security, back-ups, disaster recovery arrangements, and hardware and software support and maintenance to minimize the risk of material error, breakdown, failure, or security breach occurring. T</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">here are no Claims presently pending (and with respect to which the Companies have been notified </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">in writing) </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">or, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">to </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Seller and/or the Companies&#8217; Knowledge, threatened in writing against any of the Companies by any Third Party in a manner that may reasonably be expected to materially and adversely affect, in any material manner, the use of the Systems by the Companies.</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">7.16.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Taxes.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">x</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> (</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">)</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">/</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> (</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">)</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">/</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&#8217; </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">:</font><font style="font-family: &quot;Palatino Linotype&quot;; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">each of the Companies has, in all material respects, been in compliance with applicable Law related to Tax matters </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">and has promptly and correctly filed with the competent Governmental Authorities all statements, Books and Records</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">and returns related to Taxes which the Companies were required to file; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">each of the Companies has paid all Taxes owed in accordance with such statements and </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">returns or that were otherwise due by the Companies, as and when such Taxes were due or, in the case of late payment, has paid all fines, interest, and related charges; (c)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">all Taxes required to be withheld by the Companies have been duly and timely withheld, and such withheld Taxes have been either duly and timely paid to the proper Taxing Authority or properly set aside in accounts for such purpose, except for the ones being contested in good faith by judicial or administrative proceedings; (d)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">there are no Liens with respect to Taxes on any of the assets of the Company; (d)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">there are no notices of infraction issued by any Governmental Authority against any of the Companies for any Tax, interest on Tax, or fines for failure to file or late filing, and to Seller&#8217;s Knowledge no reason or grounds exist for the issuing of new notices of infraction; and (e)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">there is no announced or pending investigation, enquiry, audit, examination or inspection by any tax, custom or regulatory Governmental and/or Taxing Authority with respect to the Companies</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">. Since the Base Date, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">there has not occurred the event mentioned in Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">5.2.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(k)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">. </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">This Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">7.16</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> contains the sole and exclusive representations and warranties of Seller and/or the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Companies with respect to Taxes.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">7.16.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">7.16.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> lists all material Tax amnesty, exemption or installment programs in which the Companies are enrolled (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Tax Benefits</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;) </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">(</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">x </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">).</font><font style="font-family: &quot;Palatino Linotype&quot;; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Such Tax Benefits were legally and validly obtained by the Companies under the applicable Laws, and (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">to </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Seller and/or the Companies&#8217; Knowledge, the Companies are in full compliance with all applicable Laws and requirements related to the enjoyment of such Tax benefits. </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">The </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Seller and the Companies&#8217; have no Knowledge of any acts or events that could reasonably (a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">cause the Companies to stop continue benefiting from all such Tax Benefits according to past practices from this date and until the Closing Date; or (b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">make such Tax Benefits invalid or not recoverable in accordance with the applicable Laws.</font></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno">48</font></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">7.17.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Customs. Compliance with Export and Import Control Laws.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> &#8220;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">. </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221; </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">. </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">. </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">. </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="font-family: &quot;Palatino Linotype&quot;; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Each of the Companies is and during the last three years has been in compliance in all material respects with </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">import, export and customs legislations of each the jurisdiction in which it operates, including any applicable national and foreign legislation and </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">applicable Laws </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">governing the import, export, re-export, or transfer of items, materials, goods, equipment, technology, services, intangible or data (collectively, the &#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Import/Export Control Laws</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;). Without limiting the foregoing, in connection with the business: (a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">each of the Companies has obtained in a timely manner all import/export licenses, authorizations and permits from, and has made and filed all necessary permits, tax, regulatory and customs reporting obligations; and filings with any Governmental or Taxing Authority (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Import/Export Approvals</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;); (b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">each of the Companies has been during the last three years and complies in all respects with the terms of all applicable Import/Export Approvals; and (c)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">to Seller and/or the Companies&#8217; Knowledge, there are no pending or threatened (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">in writing</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">) Claim involving any of the Companies in connection with the business or operations with respect to Import/Export Approvals or Import/Export Control Laws </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">that would reasonably be expected to be material, individually or in the aggregate, to the businesses of the Companies.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">7.18.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Labor and Employment Matters</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">. </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Except (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">as otherwise would not reasonably result in a Loss to any of the Companies in an individual amount higher than </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="font-family: &quot;Palatino Linotype&quot;; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">and/or (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">as disclosed in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">7.18</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, to </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Seller and/or the Companies&#8217; Knowledge</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">: (a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Companies</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> are in compliance in all material respects with all material labor and social security obligations with respect to their employees</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, including those relating to wages, hours, child labor, employment discrimination, sexual harassment, workers&#8217; compensation, social security obligations that are not characterized as taxes, laws guaranteeing rights to leave and compensation, occupational safety and health, and </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">payment of severance fund (including </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Severance Guarantee Fund - </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">FGTS)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, and have made payments to or with respect its </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Employees in accordance with applicable Law; and (b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Companies are not party to any labor Claim involving an individual amount higher than </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Since the Base Date, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">there has not occurred the event mentioned in Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">5.2.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(k)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno">49</font></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">7.18.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">7.18.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">(i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">contains a true, correct and complete list of each </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Company Plan. </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">7.18.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">(ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">contains a true, correct and complete list of </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">each </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Seller Plan. For each Employee Benefit Plan, Seller has furnished to Buyers a true and correct copy of each Employee Benefit Plan (or a description, if such plan is not written) and all contracts relating thereto, or to the funding thereof, including all</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> amendments thereto, all trust and insurance contracts and any summary plan description or other summary thereof.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">7.18.2.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">x</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">: (</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">)</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&#8217;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; 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font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">; </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> (</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">)</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">. </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">x </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">x</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> (</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">) </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&#8220;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221; </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">(</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">) </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">7.18.3.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">To </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Seller and/or the Companies&#8217; Knowledge, (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">all Company Plans are and have been established, maintained, administered, granted and operated in accordance with its terms and in compliance with applicable Law; and (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">no event has occurred which will or could reasonably be expected to cause any such Company Plan to fail to comply with such requirements.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">7.18.4.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">To </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Seller</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> and/or the Companies&#8217; Knowledge</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, all material contributions, bonus, incentive, deferred compensation, premiums and payments that are due have been made for each Company Plan within the time periods prescribed by the terms of such Company Plan and applicable Law and each such benefits have been operated in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">compliance with applicable Law in all material respects, and all material contributions, premiums and payments for any period ending on or before the Closing Date that are not due are properly accrued to the extent required to be accrued under applicable accounting principles. </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Each Company Plan (a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">if intended to qualify for special tax treatment, meets the requirements for such treatment and, if applicable, has received a currently effective favorable determination letter from the U.S. Internal Revenue Service (the &#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">IRS</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;) upon which Oxiteno US may rely and</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, to </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Seller and/or </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Oxiteno US&#8217; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Knowledge</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, no event has occurred and no condition exists which could reasonably be expected to result in the disqualification of any such Company Plan, the revocation of the IRS&#8217;s determination or opinion letter, or a tax under Section 511</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> of the U.S. Tax Code, and (b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">if required, to any extent, to be funded, book-reserved or secured by an insurance policy, is fully funded, book-reserved or secured by an insurance policy, as applicable, based on reasonable actuarial assumptions in accordance with applicable accounting principles</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno">50</font></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">7.18.5.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">To </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Seller and/or the Companies&#8217; Knowledge</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, (a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">no Company Plan is currently under investigation, audit or review, directly or indirectly, by the IRS, the U.S. Department of Labor or other Governmental Authority, and (b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">no such investigation, audit or review is threatened (in writing) by the IRS, the U.S. Department of Labor or other Governmental Authority, except, in any case, for customary and routine reviews.&nbsp;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">7.18.6.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">As of the date hereof, there is no labor strike, slowdown, work stoppage or lockout pending, or to Seller&#8217;s </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">and/or Companies&#8217; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Knowledge, threatened </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">in writing</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> against the Companies, and during the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">past three years there has not been any such action. </font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">7.18.7.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">To </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Seller and/or the Companies&#8217; Knowledge</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, as of the date hereof, and except as would not reasonably be expected to result in a Material Adverse Effect, (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">there is no labor strike, slowdown, work stoppage or lockout pending, or to Seller&#8217;s</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Knowledge, threatened </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">in writing</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> against the Companies, and during the past three years there has not been any such action; (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Companies&#8217; Employees are properly registered as such in the appropriate registers, in conformity with applicable Law; and (iii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Companies have all required material registrations and qualifications and have taken all measures required under social security, labor and employment, and pension Laws.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">7.18.8.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">x</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="font-family: &quot;Palatino Linotype&quot;; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">there is no contract, compensation plan and/or promise that, as a result of the execution of this Agreement or consummation of the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Share Purchase and Sale and/or the Investment </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(either done alone or in conjunction with any other action by the Companies prior to the Closing Date)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, would (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">require severance pay or any increase in severance pay upon any termination of employment </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">for any current or former employee, director, manager, officer, consultant, independent contractor, contingent worker or leased employee</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> of any of the Companies</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">result in anticipation or acceleration of the time of payment or vesting or in any payment or funding of compensation or benefits by any of the Companies, (iii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">increase any benefits under any Company Plan; or (iv)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">limit or restrict </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the right of the Companies to merge, amend or terminate any of such contract and/or compensation plan.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">7.18.9.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">There is no compensation plan based on equity interest of the Companies, such as, but without limiting, stock options, restricted share grants and/or phantom shares.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">7.18.10.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Except for contracts listed in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">7.18.10</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, none of the Companies is a party to any union contract, collective bargaining agreement or other contract with any labor union or labor organization affecting material terms and conditions of employment, nor, to Seller and/or the Companies&#8217; Knowledge</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">as of the date hereof, is any such contract or agreement currently in effect or being negotiated by any of the Companies.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">7.18.11.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">None of the Company Plans is a &#8220;nonqualified deferred compensation plan&#8221; within the meaning of Section 409A of the U.S. Tax Code and associated Treasury Department guidance. The Companies do not have any obligation to indemnify, reimburse, make whole or otherwise &#8220;gross-up&#8221; any Person for the interest or additional tax set forth under Section 409A, Section 280G, or Section 4999 of the U.S. Tax Code, or otherwise.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">7.18.12.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">The representations and warranties set forth in this Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">7.18</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> are Seller and the Companies&#8217; sole and exclusive representations and warranties regarding employment and employee benefit matters.</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">7.19.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Environmental Matters</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">. </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Except (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">as otherwise would not reasonably result in a Loss to any of the Companies and/or if involving an individual amount higher than </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="font-family: &quot;Palatino Linotype&quot;; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">or as set out in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">7.19</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">:</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">each of the Companies is, and during the last </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">3 years, has been in compliance with all applicable Environmental Laws in all material respects, and has obtained and possesses in full force and effect in all material respects (or has timely submitted applications for renewal of) all environmental permits required under Environmental Laws for the operation of their businesses as operated on the date hereof and are in compliance with all such environmental permits in all material respects; and the Companies have not received any written notice from a Governmental Authority indicating that any such permits are or will be revoked; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">none of the Companies has received </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">within the 3 years prior to the date hereof, any written notice of any actual proceedings or investigations against any of the Companies in respect of Environmental Laws; (c)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">to </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Seller and/or the Companies&#8217; Knowledge,</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">none of the Companies is the subject of any pending or threatened </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">in writing</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> Claims</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, investigations or Orders arising under Environmental Laws</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-variant: small-caps;">;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (d)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">no material Lien has been imposed on any Leased Real Estate or Owned Real Estate of the Companies from any Governmental Authority in connection with Environmental Law; (e)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">in the last 3 years, none of the Companies has conducted, caused or materially contributed to the disposal, arrangement for disposal, Release or other handling of any Regulated Substances</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> in a manner that has required or would reasonably be expected to result in, or would reasonably be expected to require or result in, any investigation, Remediation Action or Claim under any Environmental Law; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">and (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">f</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Seller has made available true and correct copies of all environmentally-</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">related audits, reports, studies or other analyses conducted since January 1, 2019 that are in the possession and control of the Companies addressing potentially material environmental liabilities relating to, or Remedial Actions that have been performed in connection with the Companies&#8217; business and the Leased Real Property and Owned Real Property. </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Since the Base Date, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">there has not occurred the event mentioned in Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">5.2.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(k)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">. </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">The representations and warranties set forth in this Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">7.19</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> are Seller&#8217;s sole and exclusive representations and warranties regarding environmental matters.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">7.20.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Claims</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">. Except (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">as otherwise would not reasonably result in a Loss to any of the Companies involving an individual amount higher than </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="font-family: &quot;Palatino Linotype&quot;; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">and/or (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">as set out in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">7.20</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">: (a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">there are no Claims of which any of the Companies received legal notice or to which it is party to and pending before any Governmental Authority, and (b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">to </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Seller and/or the Companies&#8217; Knowledge</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, no such Claims are threatened</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> in writing</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">. Notwithstanding the foregoing, the representations and warranties contained in this Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">7.20</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> do not apply to permits, employee benefit plans and related matters, labor matters, taxes, intellectual property and environmental matters, which are addressed in their entirety and exclusively in Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">7.9</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">Material Permits</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">), Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">7.16</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">Taxes</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">), Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">7.18</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">Labor and Employment Matters</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">) and Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">7.19</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">Environmental Matters</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">), respectively.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">7.21.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Transaction-Related Fees and Bonus Payments</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">. </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">None of the Companies have entered into or are bound by any agreement or arrangement entitling any agent, broker, investment banker, financial advisor or other firm or </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Person</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> to any broker&#8217;s or finder&#8217;s fee or any other commission or similar fee in connection with any of the transactions contemplated by this Agreement.</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">7.21.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">x</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> (&#8220;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;),</font><font style="font-family: &quot;Palatino Linotype&quot;; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">on the Closing Date, the Company will have no obligation to pay any bonus or similar payment to any Employee in connection with the success of the Investment and the Share Purchase and Sale</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">7.22.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Guarantees or Collateral</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">. Except as set forth in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">7.22</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> and/or as allowed pursuant to Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">5.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, (a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Companies have not granted, for the benefit of any Person, any collateral (including </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">fian&#231;a</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">cau&#231;&#227;o</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">penhor</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> and </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">aliena&#231;&#227;o fiduci&#225;ria</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">) or other forms of guarantee or sureties that are currently in force, (b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">no collaterals (including </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">fian&#231;a</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">cau&#231;&#227;o</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">penhor</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> and </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">aliena&#231;&#227;o fiduci&#225;ria</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">) or other forms of guarantees or sureties have been granted by Seller and/or its Affiliates (other than the Companies) to the benefits of the Companies that are currently in force. No such collaterals, guarantees or sureties were enforced or foreclosed. To </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Seller and/or the Companies&#8217; Knowledge</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">there are no grounds for the enforcement or foreclosure of any such collaterals, guarantees of sureties; and (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">there is no pending Claim involving any collateral, guarantee or surety mentioned herein.</font></p>
<h2 style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">7.23.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-variant: normal; font-weight: bold; text-decoration: none;">Data Protection</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-variant: small-caps; font-weight: bold; text-decoration: none;">. </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-variant: normal; font-weight: normal; text-decoration: none;">In connection with the collection, storage, transfer (including without limitation, any transfer across national borders) and/or use of Personal Data, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-variant: normal; font-weight: normal; text-decoration: none;">each of the Companies is in compliance in all material respects with all applicable privacy and data protection Laws in the relevant jurisdictions where the Companies operate, including with Brazilian Law No. 13,709/2018. The Companies have adopted commercially reasonable security measures and policies to protect all Personal Data collected by them or on their behalf from and against unauthorized access, use and/or disclosure, and have obtained all necessary consents in connection with data protection Laws. To Seller and/or the Companies&#8217; Knowledge, there has been no data security breach of any computer systems or networks, or any material loss or unauthorized access, use or disclosure of, any Personal Data owned, used, stored, received or controlled by the Companies, except as disclosed in Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-variant: normal; font-weight: normal; text-decoration: none;">7.23</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-variant: normal; font-weight: normal; text-decoration: none;">. The Companies have not been involved in any legal proceedings involving non-compliance or alleged non-compliance with applicable Law or the Companies&#8217; privacy policies.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-variant: normal; font-weight: normal; text-decoration: none;"> </font></h2>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">7.24.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">. </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">x</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno">53</font></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">7.25.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Disclaimer</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">. Notwithstanding anything to the contrary in this Agreement, Seller does not make any representation or warranty to Buyers or to any other Person in connection with the transactions contemplated in this Agreement except as specifically provided for in this Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">7</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">7.26.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Consents.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> Except as set forth on </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">3.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">(d)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, on </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">7.10</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">,</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> and/or on </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">7.11</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">no additional consent, approval, permission, requirement, or authorization, and/or any declaration, filing, submission, or registration is required on the part of Seller or the Companies the absence of which would result in material violation of, termination of and/or acceleration any Material Contract</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">7.27.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">For purposes hereof and for clarity purposes, (a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">all amounts referred to in USD in the Sections of this Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">7</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> shall be considered (a)(i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">in USD, if relating to Oxiteno US, (a)(ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">in BRL, if relating to the Companies incorporated in Brazil, pursuant to the Signing Exchange Rate (or USD to the extent of their rights and/or obligations in USD), (b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">all amounts referred to in BRL in the Sections of this Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">7</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> shall be considered (b)(i) in BRL, if relating to the Companies incorporated in Brazil, (b)(ii) in USD, if relating to Oxiteno US, pursuant to the Signing Exchange Rate, and (c) all amounts provided in the Sections of this Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">7</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, if relating to the relevant operations, assets, rights and/or obligations of the Companies other than Oxiteno US and the Companies incorporated in Brazil, shall be converted into USD or BRL (as the case may be, depending on the currency used in the respective representation) pursuant to the exchange rates indicated in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">7.27</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
<h1 style="line-height: 16pt; margin: 8pt 0pt; page-break-after: avoid; text-align: justify; text-indent: 0pt;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" name="B80_RQR452H8AO00000000000000000000" class="customBookmark"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">8.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-variant: small-caps; font-weight: bold; text-decoration: underline;">Representations and Warranties by Buyer</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-variant: small-caps; font-weight: bold; text-decoration: underline;">s</font></a><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-variant: small-caps; font-weight: bold; text-decoration: underline;"> </font></h1>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Buyers and Guarantors hereby </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">represent and warrant to Seller that the statements set forth in this Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">8</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> are true and correct as of the date hereof and will be true and </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">correct as of the Closing Date, except in case that any such representation and warranty is expressed herein to be given at one of these two dates only or at another specified date.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; page-break-after: avoid; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">8.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Existence; Enforceability; Capacity; Solvency</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(a)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Buyers and each of the Guarantors have been duly incorporated, are validly existing, duly organized and in good standing under the Laws of the applicable jurisdictions each jurisdiction in which the character or location of the properties they own, lease or operate or the nature of their business makes such qualification, license or good standing necessary. No national or subnational Governmental Authority of a single state </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">other than U.S.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> have a voting interest, either directly or indirectly, of 49% or more in any of Buyers.</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(b)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">This Agreement and all other documents executed under this Agreement constitute legal, valid and binding obligation of Buyers and the Guarantors, enforceable in accordance with its terms, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">except as such enforcement may be limited by any Enforceability Exceptions</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">. To Buyers and the Guarantors&#8217; Knowledge, there is no Claim pending against or threatened </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">in writing</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> against any of Buyers and/or the Guarantors before any Governmental Authority which in any manner challenges or seeks to prevent, alter or delay the transactions contemplated under this Agreement or would prevent the transactions contemplated under this Agreement or hinder Buyers or the Guarantors&#8217; ability to timely perform their obligation under this Agreement.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(c)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Buyers and the Guarantors have all necessary rights and capacity and have obtained all corporate authorizations to execute this Agreement and to perform its obligations under this Agreement.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(d)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">At this date and until immediately before and after giving effect to the consummation of the Investment and the Share Purchase and Sale, each of Buyers and the Guarantors are/will be Solvent and no obligation is being incurred by Buyers and/or the Guarantors in connection with the Investment and the Share Purchase and Sale with the intent to hinder, delay or defraud either present or future creditors of Buyers and/or Guarantors.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(e)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">There are no </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Claims</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> against Buyers and/or Guarantors that would reasonably be expected to cause the performance of this Agreement to be considered a fraud to creditors (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">fraude a credores</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">) or a fraud to foreclosure procedures (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">fraude &#224; execu&#231;&#227;o</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">), pursuant to applicable Law.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">8.2.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Governmental Authorizations</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">. Except as set forth in Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">3.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(d)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, assuming the truth and accuracy of the representations and warranties of Seller, Buyers and/or Guarantors are not required to obtain any additional consent, approval, permission, requirement, or authorization, and/or any declaration, filing, submission, or registration by, from or with any Governmental Authority in connection with the execution and performance of this Agreement.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">8.3.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Non-Contravention.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> Assuming that the notices, approvals and consents set forth in Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">3.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(d)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> have been timely made, obtained or given, neither the execution of this Agreement nor the consummation of any of the transactions contemplated hereby are prohibited by, conflict with, would result in any violation of any provision of (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the articles of association or by laws of Buyers and/or the Guarantors; (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">any Order; (iii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">any applicable Enforceability Exceptions; or (iv)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">any Law, in each case applicable to Buyers and/or the Guarantors.</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">8.4.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Available Funds</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">. Buyers will have (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">at the Closing Date, funds available to pay the IVL Subscription Price and the IVL Upfront Purchase Price, and (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">on the 2</font><font style="font-family: 'Palatino Linotype'; font-size: 7.33pt; vertical-align: super;">nd</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> Anniversary, funds available to pay the IVL Deferred Purchase Price, in accordance with the terms of this Agreement.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> During the term of this Agreement, the Guarantors will have funds available to </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">guarantee the due and punctual payment, performance and observance of the Buyers&#8217; Guaranteed Obligations</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">. Buyers and the Guarantors&#8217; funds are derived from legitimate business activities.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">8.5.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Bankruptcy or Judicial Composition Proceedings</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">. No bankruptcy </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">fal&#234;ncia</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">), insolvency, moratorium </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">or </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">judicial or extrajudicial reorganization (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">recupera&#231;&#227;o judicial ou extrajudicial</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> have been applied for, proposed, filed against or entered into by Buyers and/or Guarantors and, to Buyers&#8217; and/or the Guarantors Knowledge, no circumstances exist which would require the application for any such proceedings.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">8.6.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Compliance with Anti-Bribery Laws.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">There are no Claims existing or to Buyers and/or the Guarantors&#8217; Knowledge, imminent, involving any of the Buyers and/or the Guarantors by any Governmental Authority regarding applicable Anti-Bribery Laws. There are no internal investigations being conducted or reviewed by any of Buyers and/or the Guarantors regarding actual or possible violations of any applicable Anti-Bribery Laws. </font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">8.7.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Investment.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> Buyers are able to bear the economic risk of holding the Available Existing Shares and have sufficient knowledge and experience in financial and business matters so as to be capable of evaluating the merits and risk of its investment.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">8.8.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">No Contact with Customers or Suppliers</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">. </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">None of </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Buyers, the Guarantors and/or their Affiliates, nor any of their respective shareholders, members of management, Employees and/or consultants, has contacted, either directly or indirectly, any of the members of management, Employees, shareholders, franchisees, suppliers, customers, or any other Person that has a business relationship with any of the Companies without being authorized in advance and in writing by the Company or by Seller</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, except </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">to the extent such contact, cumulatively, (a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">was not related to the transactions and provisions set forth in this Agreement or to the Companies, their business and/or activities; (b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">did not hinder the business relationships of any of the Companies with its material customers, suppliers, and key business relationships</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">and (c)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">complied with provisions set forth in Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">9.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
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<h1 style="line-height: 16pt; margin: 8pt 0pt; page-break-after: avoid; text-align: justify; text-indent: 0pt;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" name="B90_5EQQLYSNK000000000000000000000" class="customBookmark"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">9.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-variant: small-caps; font-weight: bold; text-decoration: underline;">Other Covenants</font></a></h1>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">9.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Confidentiality</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">. </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">All Confidential Information disclosed by one Party or any of the Companies (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Disclosing Party</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;) to any other Party or any of the Companies (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Receiving Party</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;) hereunder, or in relation to the Investment and the Share Purchase and Sale (including the specific terms of this Agreement) and/or any and all Confidential Information concerning the Companies and their respective businesses (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Companies&#8217; Proprietary Information</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;) shall be maintained in confidence by the Receiving Party (and, with respect to the Companies&#8217; Proprietary Information, maintained in confidence (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">by Seller after Closing for the term set forth below, and (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">by Buyers until the Closing or, upon the termination of this Agreement, for the term set forth below) and shall not be disclosed to any other Person or used for any purpose for 5 years after the Closing Date or the termination of this Agreement (whichever occurs first), without the prior written consent of the Disclosing Party or of the Company (with respect to the confidentiality undertaking assumed by Seller and Buyers with respect to the Companies&#8217; Proprietary Information), except to the extent that such Confidential Information (except if such Confidential Information is Personal Data): (a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">was known by the Receiving Party at the time of its receipt, and not through a prior disclosure by the Disclosing Party; (b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">is in the public domain by use and/or publication before its receipt by the Receiving Party, or thereafter enters the public domain through no fault of the Receiving Party and/or its Affiliates; (c)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">is required to be disclosed under the applicable Laws, including to comply with disclosure obligations under securities Laws and the rules and regulations of any applicable stock exchange; or (d)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">is deemed necessary by counsel to the Receiving Party to be disclosed to such party&#8217;s attorneys, independent accountants or financial advisors for the sole purpose of enabling such attorneys, independent accountants or financial advisors to provide advice to the Receiving Party, on the condition that such attorneys, independent accountants or financial advisors agree to be bound by confidentiality and non-use obligations at least as strict as those contained in this Agreement.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">9.1.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">If the Receiving Party (or Disclosing Party, regarding the Companies&#8217; Proprietary Information provided by Seller that is requested after the Closing Date) is required by Law, including the disclosure obligations under securities Laws and the rules and regulations of any applicable stock exchange, to disclose any Confidential Information, such Receiving Party (or Disclosing Party, regarding the Companies&#8217; Proprietary Information provided by Seller that is requested after the Closing Date) shall to the extent legally permissible and reasonably practicable promptly inform the Disclosing Party (or the Company, regarding the Companies&#8217; Proprietary Information provided by Seller that is requested after the Closing Date) of the disclosure that is being sought in order to provide the Disclosing Party (or the Company, regarding the Companies&#8217; Proprietary Information provided by Seller that is requested after the Closing Date) an opportunity to, at its discretion, (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">challenge or limit the disclosure obligations, and/or (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">approve or request the demanded Party to alter the content of such disclosure, limiting the Confidential Information included to the strictly necessary to comply with </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the applicable Laws. Notwithstanding the above, to the extent allowed by Law, any public disclosures of Confidential Information required to be made by any Party pursuant to this Section shall be made before the beginning or after the end of the trading sessions of B3 S.A. &#8211; Brasil, Bolsa, Balc&#227;o and New York Stock Exchange &#8211; NYSE. Confidential Information that is disclosed by judicial or administrative process shall, to the extent possible, remain otherwise subject to the confidentiality and non-use provisions of Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">9.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">9.1.2.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">The Receiving Party undertakes to (a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">comply with all privacy and data protection applicable Laws, especially the Brazilian Law No. 13,709/2018, thus ensuring that it has a valid legal basis that allows the processing of any Personal Data received from the Disclosing Party and the sharing of such data with its representatives, and (b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">inform the Disclosing Party immediately if the Receiving Party or any of its representatives: (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">receives any requests from data subjects that had their Personal Data disclosed by the Disclosing Party, providing complete details of the request; (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">receives any notices, notifications or requests from Governmental Authorities related to the Personal Data disclosed by the Disclosing Party; or (iii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">suspects or confirms the occurrence of any security incidents, including any data breaches, that involves or could involve the Confidential Information, providing complete details regarding the incident such as the nature and volume of data involved, the individuals affected, the likely consequences of the incident, and the measures taken or proposed to address the incident and to mitigate its possible adverse effects. </font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">9.1.3.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Notwithstanding the confidentiality obligations under this Section, Confidential Information may be disclosed to Third Parties with the written consent of the Parties.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">9.2.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Public Announcements.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> Notwithstanding the confidentiality obligations set forth in Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">9.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> and without limiting the right of the Parties to make any disclosures required under the applicable Laws (such as the disclosure of any additional information reasonably required to inform the shareholders of the Parties and the market with respect to the execution of this Agreement, the satisfaction of the Conditions Precedent and the Closing, as well as any information reasonably required to allow the exercise of the ROFR), the Parties are entitled to make public and/or internal announcements (including through one or more press releases, public statements, statements to its and the Companies&#8217; Employees, presentations, roadshows and/or conferences) with respect to this Agreement, the Investment and the Share Purchase and Sale, provided that such announcements substantially abide by the guidelines set forth in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">9.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">9.2.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Should any Party intend to make any public announcement with respect to this Agreement, the Investment and/or the Share Purchase and Sale, including the press release announcing the execution and delivery of this Agreement, such Party shall </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">allow the other Party reasonable time to comment thereon in advance of such issuance; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">provided</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">however</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, that each of the Parties may make internal announcements to their respective Employees that are consistent with the Parties&#8217; prior public disclosures </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">regarding transactions such as the one contemplated in this Agreement, after reasonable prior notice to and consultation with the other Party.&nbsp;</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">9.3.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Guarantees to the Benefit of the Company</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">. </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Within 60 days from the Closing Date, Buyers shall notify all beneficiaries of insurances and/or guarantees granted by Seller and/or its Affiliates to the benefit of any of the Companies listed in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">9.3</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, which includes the counter guarantees provided by the Seller and/or its Affiliates in favor of any of the Companies, informing about the Buyers&#8217; intention to replace the abovementioned insurances and/or guarantees, as applicable. Within 180 consecutive days after the 60-day period mentioned above, Buyers shall have formalized or have issued the documentation (including amendments to the contracts in question and instruments of release) required to effect the full, unconditional, irrevocable and immediate release of Seller and its Affiliates with respect to the above-mentioned guarantees, including obligations and liabilities thereunder. If (a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the specific circumstances of a contract lead the Parties jointly to conclude that it is not advisable or possible to negotiate an amendment, release, or substitution of any security granted to the other party under that contract, and/or (b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Buyers, for a reason not attributable to them or to the Companies, are not able to obtain release of the security within the 180-day period referred to above, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Buyers shall immediately provide to Seller a back-to-back guarantee from Guarantors in form (and content) substantially similar to the guarantees to be replaced, as per </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">9.3</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">. In all cases, from and after the Closing Date, (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Buyers and the Companies shall be the sole party liable for payment or performance of the obligations covered by each guarantee or security interest listed in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">9.3</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, and (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Buyers hereby agree to indemnify, defend and hold Seller and its Affiliates harmless from any Loss and/or Lien that may arise after the Closing Date because the original guarantee or security was not substituted or counter-guaranteed, including in respect of any amounts drawn from and after the Closing Date under such insurances and/or guarantees prior to such release taking place.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">9.4.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Supervening Assets</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">. The Parties agree that in the event any amount is effectively recovered and received by the Companies (through the receipt of a pecuniary amount) as a result of any of the Claims listed in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">9.4</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Supervening Assets</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;) &#8211; to the extent any such amount is not considered in the Purchase Price Adjustment, including for purposes of the Net Working Capital &#8211;, such amount shall be paid to Seller by the Company within 10 Business Days from receipt thereof, net of (reduced by any) applicable Taxes and Losses (including court fees and attorney fees in the defense of the relevant Claims) arising from such Supervening Assets. Buyers shall not be obligated to release any payable amounts as a result of materialization of Supervening Assets pursuant to the preceding sentence until the aggregate amount of payable amounts is greater than the Aggregate Threshold, as defined below.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> The Company shall, within 10 days of a request from Seller to that effect (after a relevant materialization of Supervening Asset pursuant to the above), provide for reasonable access by Seller to all available applicable material and information (including confidential information to the extent receipt and use of the relevant information is </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">subject to the confidentiality undertaking set forth in Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">9.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, with the 5-year term undertaking counting from the date Seller has access to the relevant information, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">or if Seller agrees to a similar confidentiality undertaking</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">) related to such Supervening Assets.&nbsp;</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">9.5.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Transition Support.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> After the Closing Date, Seller shall (a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">carry-out certain support activities to the Companies during a limited time period, as described and pursuant to the rights and obligations of the Parties set forth in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedules </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">9.5</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">(i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> and </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">9.5</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">(ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Transition Support</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, and (b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">lease to the Company the property of its head-offices for a period of 24 months as from the Closing Date, in accordance with the amendment of the current lease agreement to be entered at Closing between Seller and the Company substantially in the form of </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">9.5</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">(iii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Lease</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;"> Agreement</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;).</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">9.5.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">After the 4 (four) month anniversary of the Closing Date, Buyers shall employ their reasonable best efforts to internalize the Transition Support activities (so that the Companies are able to conduct them independently), provided that Seller shall have no obligation to continue the Transition Support after </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">10 months</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> from the Closing Date.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">9.6.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Post-Closing Governmental Authorizations.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> Buyers and the Company have exclusive responsibility to, and shall cause each of the other Companies to, seek and to obtain any and all Governmental Authorizations advisable and/or required to be obtained by any of Buyers and/or the Companies after the Closing Date. The Governmental Authorizations advisable and/or required to be obtained by the Companies are set forth in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">9.6</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">9.7.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Additional Documents</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">. Unless otherwise provided for in this Agreement, on or before the Closing Date each of Seller and Buyers shall deliver, or cause to be delivered, to the other such instruments, documents and certificates as may be reasonably requested for the purpose of (a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">verifying the information contained in this Agreement or in any of the Schedules hereto; and (b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">consummating or evidencing the transactions contemplated in this Agreement.&nbsp;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">9.8.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Access to Information and Assistance Post Closing</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> From and after the Closing Date </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">and until the expiry of all of Seller&#8217;s rights and obligation hereunder or until the applicable periods required by Law expire, whichever occurs last, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Buyers and the Company shall, and shall cause each of the other Companies to</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">keep and preserve, in all material respects,</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> all documents and information in the custody and/or control of any of the Companies that relates</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> to </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Closing Date or a period prior to the Closing Date; and (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">retain and share with Seller any pre-closing tax documentation</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> for </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">six years following the Closing, whenever</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> reasonably required by </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Seller</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Retention Materials</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;).</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> Any information which is part of the Retention Materials and which is confidential, shall only be accessed by Seller t</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">o the extent receipt and use thereof is subject to the confidentiality undertaking set forth in Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">9.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, with the 5-year term undertaking counting from the date Seller has access to the relevant information, or if Seller agrees to a similar confidentiality undertaking.</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">9.8.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">From and after the Closing Date, Buyers shall make the Retention Materials available (including sending copies of such Retention Materials) to Seller, professional advisers and other representatives</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> during normal business hours (and upon request in reasonable advance), to the extent necessary or reasonably appropriate in order to enable Seller to fully enforce any rights and determine any obligations it may have pursuant to this Agreement (including for the purposes of presenting the Disagreement Notice and/or any presenting or responding to any Direct Claim Notices and/or Third Party Claim Notices), towards Seller, the Companies, or any other Persons, and/or as necessary or useful for Seller in connection with any audit, de-consolidation or other accounting matter or investigation.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">9.8.2.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Any review of Retention Materials by Seller pursuant to this Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">9.8</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> shall be at Seller&#8217;s sole expense and shall occur at such reasonable times as Seller and Buyers shall agree consistent with the access rights set forth in this Section.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">9.9.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">WARN</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">. Buyers shall not, at any time within </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">60</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> days after the Closing Date, effectuate or cause to be effectuated (including as a result of aggregating &#8220;employment losses&#8221;, as defined in the WARN Act, that occur prior to the Closing with &#8220;employment losses&#8221; that occur following the Closing</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">), without complying with the requirements of the WARN Act, (a) </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">a &#8220;plant closing&#8221; (as defined in the WARN Act) affecting any site of employment or one or more facilities or operating units within any site of employment or facility of any of the Companies or (b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">a &#8220;mass layoff&#8221; (as defined in the WARN Act) affecting any site of employment or facility of any of the Companies and/or, in the case of clauses (a) and (b), any similar action under any comparable Law requiring notice to Employees in the event of a plant closing, mass layoff or other action triggering statutory notice requirements. Buyers shall </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">be responsible for,</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> and </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">will bear the cost of, compliance</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> with </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">and</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> any liability under the WARN Act (and any comparable Law requiring notice to Employees) arising or resulting, in whole or in part, from any actions taken by Buyers on or after the Closing</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; page-break-after: avoid; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">9.10.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Employees and Employee Benefits</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">9.10.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">From the Closing Date, Buyers shall, or shall cause the Companies to, honor the terms and conditions of the applicable employment agreements entered into by the Companies then in effect.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">9.10.2.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">From and after the Closing Date and, subject to </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Steering Committee&#8217;s decision,</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">pursuant to Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">5.8.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">until the Companies&#8217; withdrawal from Ultraprev&#8217;s Benefit Plan, Buyers shall, and shall cause the Companies or their respective Affiliates to comply with all of the Companies&#8217; obligations related to Ultraprev&#8217;s Benefit Plan, including providing all necessary information thereunder and making all payments required thereby, specially the Companies&#8217; contributions as employers and the relevant administrative fee (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">taxa administrativa</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">).</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">9.10.3.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">From and after the Closing Date until the first anniversary of the Closing Date, Buyers shall, or shall cause the Companies or their respective Affiliates to, provide </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">each Employee who is employed with the Companies as of the Closing Date (each, a &#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Continuing Employee</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;) with (a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">cash compensation (including base salary </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">and target cash bonus opportunities, if existing) that </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">is</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> no less favorable to such cash</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">compensation</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> provided to Continuing Employees prior to the Closing Date, on a consistent basis; and (b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">employee benefits (excluding any change in control, severance, defined benefit, retiree benefit, deferred compensation, retention, equity or equity-based incentive opportunities) similar in the aggregate to the employee benefits provided to such Continuing Employees, in the aggregate, under the applicable Employee Benefit Plans prior to the Closing Date, on a consistent basis &#8211; provided that Buyers shall be required to provide: (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">subject to </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Steering Committee&#8217;s decision, pursuant to Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">5.8.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Continuing Employees with benefits similar in the aggregate to Ultraprev&#8217;s Benefit Plan upon the homologation of the Companies withdrawal from Ultraprev&#8217;s Benefit Plan (if the members indicated by Seller and Buyers at the Steering Committee have not agree with respect to the New Adherence Convention), and (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Continuing Employees in the U.S. with the opportunity to participate in a 401(k)) plan on no less favorable terms as such Continuing Employees were eligible to participate in immediately prior to Closing.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">9.10.4.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Buyers shall, or shall cause the Companies to, provide Continuing Employees whose employment with Buyers or the Companies is terminated without just cause following the Closing Date with the severance required by applicable Law.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">9.10.5.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Notwithstanding the above, Buyers shall not be required to comply with the provisions set forth in Sections </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">9.10.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">9.10.3</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> or </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">9.10.4</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> to the extent expressly authorized by the Laws in the context of the COVID-19 pandemic, including, to the extent expressly authorized therein.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">9.10.6.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Nothing contained in this Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">9.10</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> will be construed to create any third</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8209;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">party beneficiary rights in any Person, including any Employee (and/or any dependent or beneficiary thereof), nor will this Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">9.10</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> be deemed to amend any Employee Benefit Plan or any other benefit plan of Seller, Buyers or their respective Affiliates or to prohibit Seller, Buyers or their respective Affiliates from amending or terminating any benefit plan or terminating the employment or engagement of any Continuing Employee. Nothing in this Agreement shall be deemed to limit the right of Buyers to change or modify the terms and conditions of employment for any U.S. Continuing Employees or construed as altering the at-will nature of any U.S. Continuing Employee&#8217;s employment.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="background-color: #000000; display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">9.11.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">-</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">XXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 7.33pt; vertical-align: super;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">/</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">x</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">9.11.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">. </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">x</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">/</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">x</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; 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font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXX</font><font style="background-color: #000000; 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font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="background-color: #000000; display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">9.12.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">-</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">XXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 7.33pt; vertical-align: super;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> (</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">), </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">x</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> (</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">) </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">(&#8220;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;)</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
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<tr style="height: 17px;">
<td class="pgno" style="padding: 0px; text-align: center; height: 17px;"><font style="font-size: 10pt;" class="pageno">63</font></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">9.12.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">-</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">: (</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">)</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; 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font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">. </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> (</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">) </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; 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font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">. </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno">64</font></td>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">9.14.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Guarantee of Buyers&#8217; Obligations</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">. </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Each of the Guarantors, jointly and severally, unconditionally and irrevocably guarantees to the Seller the due and punctual payment, performance and observance by Buyers of all their due obligations, commitments, undertakings, warranties and indemnities under or pursuant to this Agreement (the &#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Buyers&#8217; Guaranteed Obligations</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">9.14.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">If and whenever Buyers default for any reason whatsoever in the performance of any of the Buyers&#8217; Guaranteed Obligations, the Guarantors shall forthwith upon demand perform (or procure performance of) and satisfy (or procure the satisfaction of) the Buyers&#8217; Guaranteed Obligations in regard to which such default has been made in the manner prescribed by this Agreement and so that the same benefits shall be conferred on Seller as it would have received if the Buyers&#8217; Guaranteed Obligations had been duly performed and satisfied by Buyers.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">9.14.2.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">This guarantee is to be a continuing guarantee and accordingly is to remain in force until all Buyers&#8217; Guaranteed Obligations shall have been performed or satisfied. This guarantee is in addition to and without prejudice to and not in substitution for any rights which Seller may now or hereafter have or hold for the performance and observance of the Buyers&#8217; Guaranteed Obligations.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">9.14.3.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">As a separate and independent stipulation the Guarantors agree that any of the Buyers&#8217; Guaranteed Obligations (including any monies payable) which may not be enforceable against or recoverable from Buyers by reason of any legal limitation, dissolution or amalgamation of Buyers or any other fact or circumstances (other than any limitation imposed by this Agreement) shall nevertheless be enforceable against </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">and recoverable from the Guarantors as though the same had been incurred by the Guarantors and the Guarantors were the sole or principal obligor in respect thereof and shall be performed or paid by the Guarantors on demand.</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">9.14.4.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">The liability of the Guarantors under this Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">9.14</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> shall not be affected, impaired, reduced or released by: (a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">any variation of the Buyers&#8217; Guaranteed Obligations; (b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">any forbearance, neglect or delay in seeking performance of the Buyers&#8217; Guaranteed Obligations or any granting of time for such performance; (c)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">any insolvency or similar proceeding; or (d)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">any other fact or event which in the absence of this provision would or might constitute or afford a legal or equitable discharge or release or a defense to a guarantor.</font></p>
<h1 style="line-height: 16pt; margin: 8pt 0pt; page-break-after: avoid; text-align: justify; text-indent: 0pt;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none;" href="#TOC" name="B100_XS8N6HONPC00000000000000000000" class="customBookmark"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">10.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-variant: small-caps; font-weight: bold; text-decoration: underline;">Indemnification</font></a></h1>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">10.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Seller&#8217;s Obligation to Indemnify.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> Subject to the limitations set forth in this Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">10</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, Seller undertakes to hold harmless and indemnify Buyers, their Affiliates (including, after the Closing Date, the Companies), and each of their respective managers and Employees (jointly, the &#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Buyers Indemnitees</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;) from and against any and all Losses incurred by a Buyers Indemnitee as a result of any of the following:</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(a)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Breach or inaccuracy of any of the representations and warranties made by Seller in Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">7</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">provided, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">that for purposes of this Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">10.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> the amount of Losses resulting from any such breach or inaccuracy shall be determined without giving effect to any qualification contained therein as to Knowledge and/or materiality</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">; and/or</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(b)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Breach of, or failure to perform, any of the covenants, undertakings or obligations made</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> by Seller or, prior to the Closing Date, attributable to any of the Companies under this Agreement; and/or</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(c)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Acts, facts or omissions relating to any of the Companies, Oxicap and/or Cetrel, occurred or existing prior to the Closing Date, regardless of the fact that any such Loss or basis for a potential Loss is identified on any Schedule to this Agreement, registered and/or disclosed in financial statements of the Companies and/or in any way known to </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Buyers; provided that costs or expenses incurred by any of the Companies after the Closing Date arising from valid transactions and/or obligations contracted in accordance with the applicable Law in the Ordinary Course, with the benefits thereof accruing to the Companies after the Closing Date, shall not be indemnifiable</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">; and/or</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(d)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">The implementation of the Corporate Reorganization, and related actions pursuant to </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">3.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">(b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">and/or </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the termination or acceleration of the vesting periods, as applicable, of Seller&#8217;s SIP (as well as settlement in connection therewith)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">; and/or</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(e)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Termination of the Companies&#8217; agreements with its customers as a result of the non-granting of Third Party Authorizations in connection with the Investment and the Share Purchase and Sale, in which case loss of profits (limited to profits to be accrued (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">within two years after the Closing Date, (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">until the original term of the agreement, or (iii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">until the date in which the agreement would be terminated if such agreement </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">could be unilaterally terminated by the respective counterparty and a notice in this sense was sent at the Closing Date; whichever term is shorter, as applicable) will also be indemnifiable, to the extent Buyers Indemnitees are able to demonstrate the amount of the profits lost assuming such agreement would be performed in the Ordinary Course; except, in any case, for the Material Consents (as set out in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">3.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">(d)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">) to the extent they are obtained prior to the Closing Date with no surviving obligations (in addition to those already provided in the relevant agreement) and/or Losses as a result of obtaining the consents (if there are such surviving obligations and/or Losses, they shall be indemnified);</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> and/or</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(f)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Claims brought by Third Parties against any of the Buyers Indemnities and arising from or relating to acts or omissions of Seller, any of its Affiliates (except any of the Companies, unless this Agreement was terminated prior to Closing) and/or the Carve-Out Entities, whether such acts, omissions and/or Claims occur before or after the Closing Date, regardless of the fact that any such Claims or basis for such Claims are identified on any Schedule to this Agreement and/or in any way known to Buyers;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(g)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">The EPP Agreements provided they result from (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">acts, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">facts or omissions occurred or existing prior to the Closing Date (including the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">structuring of the EPP Agreements and/or the rights and/or obligations established thereunder, in both cases as originally conceived, existing and/or as amended until the Closing Date)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, and/or (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the EPP Pre-Closing Adjustments</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">; for the sake of clarity, assuming Buyer&#8217;s Indemnitee complies with all provisions of the EPP Agreements in the Ordinary Course, and Losses are incurred by Buyer&#8217;s Indemnitee as a result of the foregoing items &#8220;i&#8221; and &#8220;ii&#8221;, the Losses relating to facts (a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">before the Closing Date shall be fully indemnifiable, and (b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">after the Closing Date</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> to be indemnifiable shall consist in all corresponding </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Losses </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">less </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the amount of Tax savings of the Company out of such performances (in any case, subject to Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">10.3</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(c)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">; and/or</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(h)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; 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font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">10.2.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Buyers&#8217; Obligation to Indemnify.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Buyers undertake to hold harmless and indemnify Seller, its Affiliates (including, from and after the Closing Date, the Companies) and each of their respective managers and Employees (jointly, the &#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Seller Indemnitees</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;) from and against any and all Losses incurred by a Seller Indemnitee as a result of any:</font></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno">67</font></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(a)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Breach or </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">inaccuracy of any of the representations and warranties made by Buyers in Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">8</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">; provided, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">that for purposes of this Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">10.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> the amount of Losses </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">resulting from any such breach or inaccuracy shall be determined without giving effect to any qualification contained therein as to Knowledge and/or materiality; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">and/or</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(b)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Breach or failure to perform of any of the covenants, undertakings or obligations made by Buyers or, after to the Closing Date, attributable to any of the Companies under this Agreement; and/or</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(c)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Any Losses arising after the Closing Date, or, in the case of any Losses for Taxes, accrued or arising after the Closing Date, in each case, actually suffered, paid or incurred by any Seller Indemnitees after the Closing Date to the extent relating to acts, facts or omissions of, the Companies occurred or accrued after the Closing Date (except to the extent Seller is obligated to indemnify Buyers Indemnitees pursuant to Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">9.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">); and/or</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(d)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Claims brought by Third Parties against any of the Seller Indemnitees and arising from or relating to acts or omissions of Buyers and/or any of its Affiliates (including any of the Companies, from and after the Closing Date), whether such acts, omissions and/or Claims occur before or after the Closing Date, regardless of the fact that any such Claims or basis for such Claims are identified on any Schedule to this Agreement and/or in any way known to Seller.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">10.2.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">In the event any undisputed indemnifiable amounts are owed to any Buyers Indemnitee by Seller under this Agreement, Buyers shall have the right to offset such indemnifiable amounts with any payable amount by Buyers to Seller as a result of materialization of the Supervening Assets and/or with the Deferred Purchase Price per Share payable by Buyers. </font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">10.3.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Exclusion from Seller&#8217;s Indemnification Obligations. </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Notwithstanding the above, Seller shall not be liable for, and Buyers Indemnitees shall not be entitled to indemnification for any Losses in which:</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(a)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">The relevant Loss and respective amount are indicated as a reserve (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">reserva</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">) and/or as a provision (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">provis&#227;o</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">) in the Consolidated Financial Statements (as long as any such reserve and/or provision is considered in the calculation of the Base Working Capital or Net Debt); and/or</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(b)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">The matter and respective amount to which the Loss relates has been actually and finally taken into account in the Price Adjustment mechanism set forth in Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">2.6</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">; and/or</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(c)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">The relevant Loss relates to the EPP Agreements and/or the Taxes arising therefrom (whether relating to periods prior or after the Closing Date), should any of the following events occur after the Closing Date: (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">amendment, alteration, and/or failure to comply with any of the provisions of the EPP Agreements (including as a result of changes to the structuring of the rights and/or obligations thereunder after the Closing Date), and/or (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> any change (either by act or omission) after the Closing Date to practices and/or payments made by the Companies under the EPP Agreements </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(including as a result of any pre-payments or </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">any other </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">payments that are not entirely based on exports pursuant to the applicable Laws and the EPP Agreements, as compared to the practices and/or payments carried-out by the Companies up to the Closing Date in the Ordinary Course</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> &#8211; for the sake of clarity, pre-payments </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">predominantly </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">based on exports </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">by </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Company </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">and</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">to a lesser extent, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">export</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">s</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> by a Company&#8217;s Affiliate, in Brazil, duly assigned to the Company</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (therefore</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> no pre-payment based on exports by others </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">is </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">allowed)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, all </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">pursuant to the applicable Laws</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, including the applicable Central Bank regulations,</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> and the EPP Agreements shall not be considered a change for the purposes of this item (c)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">). For the avoidance of doubt, Seller shall have no liability for Losses related to EPP Agreements and/or the Taxes arising therefrom (whether relating to periods prior or after the Closing Date), as a result of (1)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">actions or omissions mentioned in items (i) or (ii) above, or, (2)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">even if none of actions or omissions mentioned in items (i) or (ii) above </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">occurs, the Companies failing to fully pay the EPP Agreements based on exports pursuant to the applicable Laws; and/or</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(d)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">(</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">)</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">/</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(e)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">The relevant Loss was caused exclusively due to changes in applicable accounting standards or interpretations thereof after Closing.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">10.3.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">To the extent the amount of any Losses relating to the facts and/or matters included in the Price Adjustment mechanism (mentioned in item </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> above) and/or relating to the matters object of the reserves (mentioned in item </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> above) exceed the amounts respectively considered in the Price Adjustment mechanism and/or such reserves &#8211; as the case may be &#8211;, the amount corresponding to such excess shall be indemnifiable in accordance with the provisions of this Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">10</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">10.3.2.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Buyers shall, and shall cause each of the Buyers Indemnitees to, endeavor their reasonable best efforts and take all reasonable measures (which does not include, for clarity, pursuing litigation</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> available to mitigate any indemnifiable Losses as soon as reasonably possible. Without limiting the preceding obligation, the amount of a Loss otherwise subject to indemnification hereunder shall be reduced by the incremental amount of Loss as a result of breach of the preceding undertaking</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">10.4.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Amount Limitation to Seller&#8217;s Indemnification Obligation</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">. Seller&#8217;s obligations under Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">10.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> to hold harmless and indemnify Buyers Indemnitees are subject to the following limitations:</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: &quot;Palatino Linotype&quot;; font-size: 11pt; font-weight: bold;">(a)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Seller shall not be obligated to indemnify Buyers Indemnitees for any Loss in an individual amount less than </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">x</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(in each case, the &#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Individual Threshold</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(b)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Seller shall not be obligated to indemnify Buyers Indemnitees until the aggregate amount of indemnifiable Losses, in amounts that exceed the Individual Threshold is greater than </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Aggregate Threshold</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;), after which Seller shall,</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">subject to the other limitations hereunder, indemnify Buyers Indemnitees for such aggregate indemnifiable Losses from the first BRL, USD or other currency amount; after the Aggregate Threshold is reached and payment thereof is made (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">First Indemnitee Payment</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;), all accumulated indemnifiable Losses occurring thereafter shall be paid to the respective Indemnitees twice a year, the first on the 6</font><font style="font-family: 'Palatino Linotype'; font-size: 7.33pt; vertical-align: super;">th</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> month anniversary First Indemnitee Payment and the second on the first anniversary of the First Indemnitee Payment, and so on; and</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno">69</font></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(c)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Notwithstanding anything to the contrary contained in this Agreement, Seller&#8217;s aggregate liability to the Buyers Indemnitees under Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">10.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> shall be limited to </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">; </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">x</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">: (</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">)</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; 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font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">10.4.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">For purposes of computing amounts for the thresholds indicated in items </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> to </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(c)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> of Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">10.4</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, the amounts of indemnifiable Losses (incurred by Buyers Indemnitees) in currency other than USD shall be converted into USD pursuant to the exchange rates indicated in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Schedule </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">7.27</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> at the respective dates the Losses are materialized.&nbsp;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">10.4.2.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">For clarity purposes: (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">if after the conversion of the respective Loss to USD pursuant to Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">10.4.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, such Loss is lower than the Individual Threshold, such Loss shall be disregarded and not be indemnifiable to the Buyers Indemnitee; (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">if a Loss surpasses the Individual Threshold, its amount in USD (as converted pursuant to Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">10.4.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">) shall be added to the amount in USD of all other Losses that surpasses the Individual Threshold (in each case, as converted pursuant to Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">10.4.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">) &#8211; with no inflation adjustment &#8211;, until such aggregate amount exceeds the Aggregate Threshold, when the amount of all such Losses that surpassed the Individual Threshold shall be indemnified to the Buyers Indemnitees pursuant to Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">10.8.4</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">; and (iii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">in the event the aggregate amount of all Losses (as converted to USD pursuant to Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">10.4.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">) &#8211; with no inflation adjustment &#8211;, reaches the limit set forth in Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">10.4</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(c)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, no additional Loss shall be indemnifiable to the Buyers&#8217; Indemnitees.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">10.5.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Time Limitation to the Parties Indemnification Obligations.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> Seller&#8217;s obligation to indemnify, on one side, and Buyers&#8217; obligation to indemnify, on the other, provided for in this Agreement shall survive in respect of any Claims notified until the 5</font><font style="font-family: 'Palatino Linotype'; font-size: 7.33pt; vertical-align: super;">th</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> anniversary of the Closing Date (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Survival Period</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;), after </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">which no notice for Claims shall be made for indemnification under Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">10.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> thereafter, except for Claims for Losses resulting from (a</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Tax, environmental and/or relating to Anti Bribery Law matters, which shall survive in respect of any Claims notified until the 6</font><font style="font-family: 'Palatino Linotype'; font-size: 7.33pt; vertical-align: super;">th</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> anniversary of the Closing Date;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">fraud, willful misconduct, breach or inaccuracy of any of the Seller&#8217;s Fundamental Representations and Warranties, the Buyers&#8217; Fundamental Representations and Warranties, and/or breach or inaccuracy of any of the representations and warranties made by Buyers in Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">8</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, which shall survive in respect of any Claims notified until the end of the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">relevant statute of limitations (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">prazo prescricional</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">) set forth in the applicable Law. None of the undertakings under covenants or other agreements contained in this Agreement shall survive the Closing other than with respect to the covenants and agreements that by their terms apply or are to be performed in whole or in part after the Closing Date, which covenants and agreements shall survive for the period provided in such covenants and agreements, if any, or until fully performed (and, if any such covenant or agreement is not performed, the relevant Losses may be claimed by an Indemnitee thereafter and any such Claim made in good faith within the applicable time periods set forth in the first part of this Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">10.5</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (including items (a) and (b)) shall survive until such Claim is finally resolved and indemnified pursuant to the terms hereof.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">10.6.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Effective Amount to be Indemnified.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> The following principles shall apply in calculating the amount of any Losses indemnifiable by Seller pursuant to Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">10.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> above:</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(a)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">The amount of any Loss shall be reduced so as to reflect, in full, any indemnification (including by reason of insurance policies and any other indemnification, surety, contribution or similar arrangements available to it) that Buyers Indemnitee effectively receives by reason of the event, condition, or circumstance that gave rise to the relevant Loss; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">provided</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">however</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, that the Buyers Indemnitees shall not be required to first pursue any such </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">indemnification (including by reason of insurance policies and any other indemnification, surety, contribution or similar arrangements available to it)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> against third parties as a condition and in lieu of pursuing Claims for any or all such Losses against the applicable Indemnifying Party pursuant to </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">10.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">; and</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(b)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">The</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> amount of the Loss shall be reduced so as to reflect, in full, the amount of any Tax saving arising from the deductibility of the Loss to the benefit of Buyers Indemnitee, with due regard to Section 10.6.2 below.</font></p>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">10.6.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Notwithstanding the above, should the Buyers Indemnitees have any </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">rights, remedies and/or defenses against any Third Parties related to an indemnifiable Loss </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(including by reason of insurance policies and any other indemnification, surety, contribution or similar arrangements available to any of the Buyers Indemnitees), t</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">he Buyers Indemnitees shall use their reasonable best efforts to pursue such rights, remedies and defenses. Should any amount be received by any of the Buyers Indemnitees pursuant to this Section</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">10.6.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> after the payment of the related indemnification by Seller, such amount shall be paid to Seller by the Buyers Indemnitees within 5 Business Days from receipt thereof, net of (reduced by any) applicable Taxes and Losses (including court fees and attorney fees in the defense of the relevant Claims) arising from the exercise of such rights, remedies and/or defenses.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">10.6.2.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">All</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> Claims for indemnification under this Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">10</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (and Losses to be indemnified in connection therewith) shall be made on an after-Tax basis. Accordingly, in determining the amount of any indemnification payment for a Loss suffered or incurred by any Indemnitee, the amount of such Loss shall be increased to consider any Tax incurred by the Indemnitee arising from the receipt of indemnity payments hereunder (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">i.e.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">gross up</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">), with due regard to Section 10.6(b).</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">10.7.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Direct Claim Procedure.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> In the event a Buyers Indemnitee or a Seller Indemnitee (as the case may be, an &#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Indemnitee</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;) intends to claim indemnification for a Loss under the terms hereof that does not involve a Third Party Claim (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Direct Claim</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;), such Indemnitee shall give written notice to the Party responsible for such indemnification pursuant to Sections </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">10.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> and </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">10.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, as applicable (the &#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Indemnitor</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;) informing the Loss suffered and specifying in detail its cause and amount involved (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Direct Claim Notice</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;).</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">10.7.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">If, following receipt of a Direct Claim Notice, the Indemnitor disputes its liability for the Loss suffered by the Indemnitee described therein, the Indemnitor shall give the Indemnitee notice within 10 Business Days from the date of its receipt of the Direct Claim Notice, specifying in reasonable detail the reasons for its dispute (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Response to Direct Claim Notice</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;). If the term of 10 Business Days has elapsed and </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Indemnitor has failed to provide the Indemnitee with a Response to the Claim Notice, the Loss specified in the applicable Claim Notice shall become due by the Indemnitor and, unless otherwise subject to any of the limitations set out in this Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">10</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, shall be paid to Indemnitee within 10 Business Days from the end of the term for timely presentation of the Response to Direct Claim Notice (with due regard to Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">12.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> below). If the Indemnitor disputes only a part of the Loss described in the Direct Claim Notice, the non-disputed amount shall become due by the Indemnitor and, unless otherwise subject to any of the limitations set out in this Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">10</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, shall be paid to Indemnitee within 10 Business Days from the date of the Response to Direct Claim Notice (with due regard to Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">12.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> below).</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">10.7.2.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">If, following receipt of a Direct Claim Notice, the Indemnitor timely provides a Response to Direct Claim Notice, the Indemnitee and the Indemnitor shall use their good faith and reasonable best efforts to, within 10 Business Days from the date of the Response to Direct Claim Notice, discuss and resolve the content of the Direct Claim Notice and related Response to Direct Claim Notice, and the amount of the indemnifiable Loss of the Indemnitee if any (which, if agreed and, unless otherwise subject to any of the limitations set out in this Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">10</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, shall be paid to Indemnitee within 10 Business Days from the date of the Response to Direct Claim Notice (with due regard to Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">12.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> below)). If resolution is not reached with respect to any disputes within such 10 Business Days period, such disputes shall be resolved by arbitration, as provided in Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">13.4</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> hereof.</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">10.8.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Third Party Claim Procedure.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> Should any third-party Claim be brought against an Indemnitee (each a &#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Third Party Claim</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;), the Indemnitee shall give the Indemnitor notice of such Third Party Claim specifying in detail the nature of such Third Party Claim and the amount of all related Losses (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Third Party Claim Notice</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;). Such Third Party Claim Notice shall be sent by the Indemnitee to the Indemnitor prior to the expiration of the first third of the legal term established for the answer to or defense against such Third Party Claim. Failure by the Indemnitee to comply with its obligations under this Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">10.8</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (including failure to send the Third Party Claim Notice within the term herein mentioned), shall not relieve the Indemnitor from its indemnification obligations under this Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">10</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, except to the extent such failure prevents or impairs the defense against such Third Party Claim.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Any information which is part of a Third Party Claim Notice and which is confidential, shall only be accessed by the Indemnitor t</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">o the extent receipt and use thereof is subject to the confidentiality undertaking set forth in Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">9.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, with the 5-year term undertaking counting from the date </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Indemnitor</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> has access to the relevant information, or if the Indemnitor to agrees to a similar confidentiality undertaking.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">10.8.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">The Indemnitor shall be entitled, to the extent permitted by applicable Law, to assume and control the answers and defense of such Third Party Claim at its expense and through reputable and qualified counsel of its choice, and always in accordance with the Law, and shall notify its intention to do so to the Indemnitee prior to the expiration of the second-third of the legal term established for the answer to or defense </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">against such Third Party Claim; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">provided</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, that the Indemnitor and such counsel shall use diligent and good faith efforts in such defense and always in accordance with the Law. Notwithstanding the foregoing, the Indemnitee will have the right to follow up the procedures in respect of a Third Party Claim, at its own cost and expense, and with counsel of its own choosing. The Indemnitee shall reasonably cooperate with the Indemnitor in the defense and settlement of any Third Party Claim and make available to the Indemnitor all witnesses, power-of-attorneys, pertinent records, materials and information in the Indemnitee&#8217;s possession or under the Indemnitee&#8217;s control relating thereto as is reasonably required by the Indemnitor. Any settlement, compromise or discharge of such Third Party Claim, admission of liability or permission of a default or consent to entry of any judgment of such Third Party Claim shall require the prior written consent of the Indemnitee, which consent shall not be unreasonably withheld, conditioned or delayed; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">provided</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">however</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, that no such consent shall be required as long as (a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">it is solely a monetary settlement and does not implicate in any relief other than monetary damages to be paid in full by settling, compromising or discharging; (b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">it could not reasonably result in the arising of other Claims or other proceedings that might result in Losses to the Buyers Indemnitee which are not covered by the indemnification obligations under this Agreement; or (c)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">it does not involve a material customer of any Buyers Indemnitee, unless otherwise reasonably demonstrated by the Company prior to the settlement.</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">10.8.2.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">If the Indemnitor decides not to defend of the Third Party Claim or does not give notice of its intention to assume control over such defense within the requisite period of time specified in Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">10.8.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, the Indemnitee shall defend such Third Party Claim and the Indemnitor shall be required to pay all reasonable costs and expenses incurred by the Indemnitee in connection with such Third Party Claim, including defense costs, reasonable attorney fees, court costs, court deposit (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">dep&#243;sitos judiciais</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">) and/or granting of any guarantee or bond (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">fian&#231;a, cau&#231;&#227;o ou seguro garantia</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">), which will be considered a Loss subject to indemnification by the Indemnitor, regardless if the Third Party Claim is decided by the relevant Governmental Authority in favor or against the Indemnitee (provided the Third Party Claim relates to a potentially indemnifiable Loss pursuant to this Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">10</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">); </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">provided</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, that the Indemnitee shall: (a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">use diligent and good faith efforts in its defense of such Third Party Claim; (b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">perform all acts necessary to present any guarantees that are required to continue the defense of a Third Party Claim (in any case, at the Indemnitors expense), employing its reasonable best efforts so that such guarantee is either a pledge (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">fian&#231;a</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">) or surety bond (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">seguro garantia</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">), avoiding the need for an escrow (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">cau&#231;&#227;o</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">) or a court deposits (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">dep&#243;sitos judiciais</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">); (c)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">not settle such Third Party Claim without obtaining the written consent of the Indemnitor, which consent shall not be unreasonably withheld, conditioned or delayed. In such event, the Indemnitor shall reasonably cooperate with the Indemnitee in the defense and settlement of any Third Party Claim and make available to the Indemnitee all witnesses, pertinent records, materials and information in the Indemnitor&#8217;s possession or under the Indemnitor&#8217;s control relating thereto as is reasonably required by the Indemnitee. The Indemnitee shall not pay, or permit to be </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">paid, any part of such Third Party Claim unless required to do so by Law or Order, or, if under a settlement discussion, unless the Indemnitor consents in writing to such payment.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">10.8.3.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">With respect to Third Party Claims arising after Closing Date involving potential Losses that both the Indemnitor and Indemnitee are named as defendants, the Parties shall make good faith efforts to separate the proceedings of the respective Third Party Claim to allow each Party to control and conduct the defense of such Third Party Claims with respect to each own responsibility. In case such separation is not possible, the Party which is most exposed to the largest portion of the potential Loss (after considering the applicable indemnifications hereunder) shall control and conduct the defense of any such Third Party Claim with due regard to Sections </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">10.8.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> and </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">10.8.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> N</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">otwithstanding the foregoing, the allocation of the liability of each Party for Losses arising from Third Party Claims that both Parties are named as defendants shall observe the provisions of Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">10.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> and Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">10.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> above.</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">10.8.4.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">A Loss shall be deemed to have occurred with respect to Third Party Claims, in the following events: (a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">a final, and non-appealable, court order, judicial or extrajudicial settlement, or arbitration award recognizing such Loss, (b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">a judicial or extrajudicial settlement has been duly confirmed or reached with respect to such Loss, and/or (c)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">payment of a court deposit (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">dep&#243;sitos judiciais</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">) and/or granting of any guarantee or bond (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">fian&#231;a, cau&#231;&#227;o ou seguro garantia</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">) is required by Law or Governmental Authority; and/or (d)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">any payment under a provisional enforcement (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">execu&#231;&#227;o provis&#243;ria</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">); and/or (e)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">incurrence of reasonable costs necessary for the defenses, including court costs and/or attorney fees, with due regard to Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">10.4</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (any and all of the above, from (a) to (e), a &#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Due Indemnification</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;); and, unless otherwise subject to any of the limitations set out in this Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">10</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, it shall be paid by the Indemnitor to the Indemnitee within 10 Business Days from the relevant date (with due regard to Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">12.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> below).</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">10.8.4.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">For purposes hereof and for clarity purposes, the amounts of indemnifiable Losses (incurred by Buyers Indemnitees) (a) relating to Oxiteno US shall be due and paid in USD, duly adjusted according to the Index as of the date the indemnity became due in accordance hereof until payment thereof, (b) relating to the Companies incorporated in Brazil shall be due and paid in BRL, duly adjusted according to the Index as of the date the indemnity became due in accordance hereof until payment thereof, and (c) relating to Companies other than Oxiteno US and the Companies incorporated in Brazil, shall be in the currency of their respective jurisdictions, duly adjusted according to the Index as of the date the indemnity became due in accordance hereof until payment thereof.&nbsp;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">10.8.5.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Should any amount paid by the Indemnitor as court deposit (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">dep&#243;sitos judiciais</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">), guarantee or bond (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">fian&#231;a, cau&#231;&#227;o ou seguro garantia</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">) and/or under a provisional enforcement (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">execu&#231;&#227;o provis&#243;ria</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">) or otherwise in the course of a Third Party Claim be paid to the Indemnitee (including with respect to Third Party Claims existing prior to </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Closing Date), the Indemnitee shall be required to return such amount in full to the Indemnitor within 5 Business Days from the date it was released to and received by the Indemnitee.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">10.9.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Sole Remedy.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> The Parties agree that, except as otherwise expressly provided in this Agreement, the indemnification right set forth in this Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">10</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> constitutes the sole and exclusive remedy for the Parties for purposes of indemnification of the Losses arising from, in connection with or as result of the acts set forth in Sections </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">10.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> and </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">10.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> above.&nbsp;</font></p>
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<h2 style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">10.10.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-variant: normal; font-weight: bold; text-decoration: none;">R</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-variant: normal; font-weight: bold; text-decoration: none;">eliance on Representations.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-variant: normal; font-weight: normal; text-decoration: none;"> Unless otherwise expressly provided herein, especially with respect to the provisions of Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-variant: normal; font-weight: normal; text-decoration: none;">10.3</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-variant: normal; font-weight: normal; text-decoration: none;">, the Indemnitees&#8217; rights to indemnification set forth in this Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-variant: normal; font-weight: normal; text-decoration: none;">10</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-variant: normal; font-weight: normal; text-decoration: none;"> shall not be affected by virtue of any knowledge on the part of any Indemnitee of any untruth of any such representation or warranty or breach of any covenant or agreement expressly set forth in this Agreement, regardless of whether such knowledge was obtained through the investigation by any Indemnitee or through disclosure by the other Party or any of the Companies or another Person, and regardless of whether such knowledge was obtained before, at, or after the date hereof.</font></h2>
<h1 style="line-height: 16pt; margin: 8pt 0pt; page-break-after: avoid; text-align: justify; text-indent: 0pt;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none;" href="#TOC" name="B111_ETOCNCVDOG00000000000000000000" class="customBookmark"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">11.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-variant: small-caps; font-weight: bold; text-decoration: underline;">Term and Termination</font></a></h1>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">11.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Term.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> This Agreement shall come into force on the date hereof and shall remain in full force and effect until all of the obligations set forth herein have been complied with or otherwise terminated in accordance with Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">11.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">11.2.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Termination Events.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> Notwithstanding anything in this Agreement to the contrary, this Agreement may be terminated prior to the Closing Date:</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(a)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">By any of the Parties upon written notice to the other Party if (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the other Party or any of the Companies becomes insolvent, bankrupt or is subject to a in or out of court recovery process, as applicable; and/or (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">any of the Conditions Precedent is not satisfied or waived by the Long Stop Date </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">provided</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, that the right to terminate this Agreement pursuant to this Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">11.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">shall not be available to any Party whose actions in breach of this Agreement or failure to take action in breach of this Agreement have been a material cause of the failure of the Closing to have occurred by the Long Stop Date or resulted in any of the conditions set forth in Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">3</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> having failed to be satisfied prior to such date</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(b)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">By Buyers upon written notice to Seller if (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">any of Buyers&#8217; Conditions Precedent is not satisfied or waived by the Long Stop Date; and/or (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">if Seller or the Company breach any of their covenants or other agreements contained in this Agreement, and which breach (1)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">would result in a failure of the condition set forth in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">3.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">(c)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, and (2)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">cannot be or is not cured by the earlier of (x)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Long Stop Date, or (y)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">30 days after the delivery of a written notice from Buyers in this regard;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(c)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">By Seller upon written notice to Buyers if (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">any of Seller&#8217;s Conditions Precedent is not satisfied or waived by the Long Stop Date; and/or (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">if Buyers breach any of their covenants or other agreements contained in this Agreement, and which breach (1)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">would result in a failure of the condition set forth in </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">3.3</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">(b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, and (2)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">cannot be or is not cured by the earlier of (x)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Long Stop Date, or (y)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">30 days after the delivery of a written notice from Seller in this regard;</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(d)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">By any of the Parties upon written notice to the other, if any Governmental Authority shall have issued a Law or Order enjoining, restraining or otherwise prohibiting the Investment and/or Share Purchase and Sale and such Law or Order has not been definitely suspended or reversed up and until the Long Stop Date; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">provided that</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">any Order that represents a Non-Material Restrictions </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">shall only authorize the termination of this Agreement pursuant to this Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">11.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(d)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> if none of the measures set forth in Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">5.1.3</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> are taken to revert the relevant Order; and (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the Party seeking to terminate this Agreement pursuant to this Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">11.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(d)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> shall have used reasonable best efforts to remove such Order or other Claim; and/or</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(e)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">By mutual written consent of the Parties.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">11.2.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Notwithstanding anything to the contrary contained herein, nothing herein shall prevent any of the Companies from taking or failing to take any COVID-19 Response, and no such COVID-19 Response shall be deemed to violate or breach this Agreement in any way or serve as a basis for Buyers to terminate this Agreement or assert that any of the conditions to the Closing contained herein have not been satisfied.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">11.3.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Effect of Termination.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> If this Agreement is terminated pursuant to Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">11.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, all further obligations of the Parties under this Agreement shall terminate, except that the covenants of Sections </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">9.1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">Confidentiality</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">), </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">10</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">Indemnification</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">), </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">12</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">General Provisions</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">), and </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">13</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">Applicable Law; Execution; Dispute Resolution</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">) and any of the Parties&#8217; rights, Claims and obligations with respect to any prior breach of or failure to comply with this Agreement shall survive any termination of this Agreement and the non-breaching Party shall be entitled to pursue any and all legally available remedies and to seek the recovery of all Losses of any kind incurred by the non-breaching Party.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">11.4.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Termination Fee.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> In consideration for the risks, costs and expenses (including costs of </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">opportunity) assumed by the Parties as a result of the provisions herein:</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(a)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">In event this Agreement is terminated pursuant to items </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(ii) or </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(c)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(ii) of Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">11.2</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (including a breach of Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">3.4</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">) by failure of any Party to comply with its obligations hereunder, the defaulting Party shall be obligated to pay to the other Party (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Non-Defaulting Party</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;), within 5 Business Days as of the notice of Non-Defaulting Party to that end, a non-compensatory penalty equal to </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">as converted in BRL by the PTAX exchange rate determined based on the arithmetic average between the selling and purchase exchange rate for close of business for the 5 Business Days immediately prior to such termination, as published by the Brazilian Central Bank in its website. For the avoidance of doubt, (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">breach of representations </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">and warranties, (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">best/commercial efforts obligations (provide such efforts were undertaken), and/or (iii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">non-fulfillment of obligations which fulfillment is contingent upon third-parties actions and such actions were not performed by said third-parties, shall not trigger the fee set forth in Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">11.4</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">(a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">; or</font></p>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(b)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">-</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> &#8211; </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> /</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&#8217; </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; 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font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; 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<h1 style="line-height: 16pt; margin: 8pt 0pt; page-break-after: avoid; text-align: justify; text-indent: 0pt;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none;" href="#TOC" name="B121_B8C60PNVSG00000000000000000000" class="customBookmark"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">12.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-variant: small-caps; font-weight: bold; text-decoration: underline;">General Provisions</font></a></h1>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">12.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Notices.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> All notices, notifications, and other communications related to this Agreement shall be made in writing, in English, and delivered to the receiving Party </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">either by hand or by registered mail (and, in addition, always by e-mail with return</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> receipt), and addressed as follows or to such other addresses as may from time to time be notifies by any of the Parties or by the Company:</font></p>
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font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno">78</font></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<p style="line-height: 16pt; margin: 8pt 0pt 8pt 13.5pt; text-indent: 0pt;"><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(b)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">[</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">If to Seller:</font><br><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">: </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; 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font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt 8pt 13.5pt; text-indent: 0pt;"><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">(c)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">[</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">If to the Company and/or any of the Intervening Companies:</font><br><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">: </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">. </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 7.33pt; vertical-align: super;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">-</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">/</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><br><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">-</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">: </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">x</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">; </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">x</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><br><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">.: </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt 8pt 35.4pt; text-align: justify;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">With copy to: Buyers and Seller</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">12.1.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Any notice served by hand shall be deemed to have been served upon delivery, any notice served by e-mail shall be deemed to have been served upon confirmation of receipt; and any notice served by prepaid registered mail shall be deemed to have been served upon receipt.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">12.1.2.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">In case of any change of address or contact information, if the new information is not notified by the Party concerned to the other, all notices sent based on the previous information shall be deemed to have been duly served.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">12.1.3.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">From this date until the expiration of all of the Parties&#8217; obligations hereunder, (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">each of IVS, IVPCL and IVP hereby irrevocably appoints and authorizes TIP to serve as Buyers and Guarantors&#8217; representative from this date until the expiration of all of the Parties&#8217; obligations hereunder, and authorizes TIP to receive, on behalf of each of the Buyers and of the Guarantors, notices, including legal notices and service of process, in connection with this Agreement; and (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">each of Intervening Companies hereby irrevocably appoints and authorizes the Company to serve as the Intervening Companies&#8217; representative from this date until the expiration of all of the Parties&#8217; obligations hereunder, and authorizes the Company to receive, on behalf of each of the </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Intervening Companies, notices, including legal notices and service of process, in connection with this Agreement.&nbsp;&nbsp;</font></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno">79</font></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">12.2.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Late Payment.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> Should any Party fail to make payment of any amount owed under this Agreement in a timely manner, the amount owed and unpaid shall be subject to indexation in accordance with the variation in the Index, at the smallest interval permitted by Law, together with interest at a rate of </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold; text-decoration: underline;">1</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">% per month, calculated </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">pro rata die</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, from the date on which the amount became due and payable to the date on which the amount is effectively paid, and a late-payment fine of </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold; text-decoration: underline;">3</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">% of the amount owed.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">12.3.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Costs and Expenses.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> Unless otherwise provided for under this Agreement, each Party shall bear its own costs and expenses (including costs and expenses related to legal and other advisers) incurred by reason of this Agreement or the obligations provided for hereunder.&nbsp;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">12.4.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">No waiver.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> Failure by either of the Parties to demand timely performance of this Agreement or of any of its provisions, at any time during the term of this Agreement, shall not in any way affect the validity of this Agreement or any part of it, and shall not constitute a precedent, amendment, or novation of its provisions, or waiver of the right of the Party to demand performance of the provisions of this Agreement at any time.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">12.5.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Severability.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> Should any one or more of the provisions, terms, covenants or restrictions of this Agreement be found, by a </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">court of competent jurisdiction or other authority, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">invalid, void or ineffective under applicable Law, the validity and effectiveness of the remaining provisions shall not be affected and </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the remainder of the terms, provisions, covenants and restrictions of this Agreement shall remain in full force and effect</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, and, with respect to the provisions found to be invalid or ineffective, the Parties shall negotiate, in good faith, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">to modify this Agreement so as to effect the original intent of the parties as closely as possible in a mutually acceptable manner in order that the transactions contemplated hereby be consummated as originally contemplated to the fullest extent possible</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">12.6.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Amendment.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> This Agreement may be amended only by written instrument executed by the Parties.</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">12.7.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Assignment; Binding Effect.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> This Agreement is binding on, inures to the benefit of, and is enforceable by each of the Parties and their respective heirs, successors and assigns of all kinds. Neither this Agreement nor any of the rights and obligations hereunder may be assigned to any other Persons unless expressly permitted under this Agreement or with the prior written of the other Party</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">N</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">otwithstanding the above, prior to the Closing Date, Buyers (but not any of the Guarantors) shall request Seller to approve the assignment of any or all of their rights and obligations hereunder to one or more Buyers&#8217; Affiliate (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">such approval not to be unreasonably withheld or delayed) and provided, in any case, that</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">such Affiliate&#8217;s capital composition and Control is the same as the assignors, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">vis-&#224;-vis</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> its ultimate shareholding by IVPCL, (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Buyers and the Guarantors shall remain jointly and severely liable with the assignee with respect to all </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">obligations hereof, and (iii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">after Closing the Company shall be directly Controlled and more than 50% of its corporate capital owned by a Brazilian Affiliate of the Buyer.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> Any attempted assignment or transfer without the prior written consent of the other Party shall be null and without effect.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">12.8.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Cooperation.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> Each of the Parties agrees to cooperate with the other and to do all things, and to execute or deliver, or cause to be executed and delivered, all documents that may be reasonably necessary or convenient for performance of the Parties&#8217; obligations hereunder and the achievement of the purposes of this Agreement.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">12.9.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Entire Agreement.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> This Agreement constitutes the entire agreement between the Parties and the Company with respect to the subject matter hereof, and replaces any and all prior understandings and agreements, either written or oral, with respect to the subject matter of this Agreement. </font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">12.10.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Representatives.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> Unless otherwise expressly provided for in this Agreement, neither Party, nor the Company, shall be deemed to represent the other for any purpose, and neither Party, nor the Company, shall have the power, authority or capacity, as representative or otherwise, to represent, act on behalf of, bind or in any other way create or assume obligations in the name of the other Party.&nbsp;</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">12.11.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Conflicts; Privileges</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">. It is acknowledged by each of the Parties hereto that Seller, the Companies and certain of their Affiliates have retained </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> &#8211; </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> (&#8220;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;) </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> (&#8220;</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;)&nbsp;</font><font style="font-family: &quot;Palatino Linotype&quot;; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">to act as their counsels in connection with the transactions contemplated hereby and that </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="font-family: &quot;Palatino Linotype&quot;; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">have not acted as counsel for any other Person in connection with the transactions contemplated hereby and that no other Party to this Agreement or Person has the status of a client of </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="font-family: &quot;Palatino Linotype&quot;; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">for conflict of interest or any other purposes as a result thereof. Buyers hereby agree that, in the event that a dispute arises between Buyers or any of their Affiliates (including, after the Closing, the Companies) and Seller, or any of its Affiliates (including, prior to the Closing, the Companies), </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">/</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="font-family: &quot;Palatino Linotype&quot;; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">may represent Seller or any such Affiliate in such dispute even though the interests of Seller or such Affiliate may be directly adverse to Buyers or any of its Affiliates (including, after the Closing, the Companies) and even though</font><font style="font-family: &quot;Palatino Linotype&quot;; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="font-family: &quot;Palatino Linotype&quot;; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">may have represented the Companies in a matter substantially related to such dispute, or may be handling ongoing matters for Buyers or the Companies, Buyers and the Company hereby waive, on behalf of themselves and each of their Affiliates, (a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">any claim they have or may have that </font><font style="background-color: #000000;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; background-color: #000000;">XXX</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; background-color: #000000;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; background-color: #000000;">XXX</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; background-color: #000000;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; background-color: #000000;">XXX</font></font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;have a conflict of interest in connection with or is otherwise prohibited from engaging in such representation, (b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">agree that, in the event that a dispute arises after the Closing between Buyers or any of their Affiliates (including, after the Closing, the Companies) and Seller, </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">/</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="font-family: &quot;Palatino Linotype&quot;; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">may represent any such party in such dispute even though the interest of any such party may be directly adverse to Buyers or any of their Affiliates (including after the Closing, the Companies), and even though </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="font-family: &quot;Palatino Linotype&quot;; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">may have represented the Companies in a matter substantially related to such dispute, or may be </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">handling ongoing matters for Buyers or the Companies. Buyers further agrees that, (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">as to all communications between </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="font-family: &quot;Palatino Linotype&quot;; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">and Seller that relate in any way to the transactions contemplated by this Agreement, the attorney-client privilege, the expectation of client confidence and all other rights to any evidentiary privilege belong to Seller and may be controlled by Seller and shall not pass to or be claimed by Buyers or the Companies, and (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">as to all communications between </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="font-family: &quot;Palatino Linotype&quot;; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">and the Companies, or among </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">,</font><font style="font-family: &quot;Palatino Linotype&quot;; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">any of the Companies and/or Seller, that relate in any way to the transactions contemplated by this Agreement, the attorney-client privilege, the expectation of client confidence and all other rights to evidentiary privilege belong to Seller and may be controlled by Seller and shall not pass to or be claimed by Buyers or the Companies. Buyers agree to take, and to cause their Affiliates to take, all steps necessary to implement the intent of this Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">12.11</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">. The Parties hereto further agree that </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="font-family: &quot;Palatino Linotype&quot;; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">and their partners and Employees are </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">third party beneficiaries of this Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">12.11</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.&nbsp;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">12.12.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">I</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">ntervening Parties.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">The Guarantors, the Company and the Intervening Companies hereby agree and consent unconditionally and irrevocably to the terms and conditions of this Agreement.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">12.13.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Electronic Signature.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> The Parties, the Intervening Companies, the Guarantors and the two witnesses identified below, agree that this Agreement may be signed electronically, in accordance with DocuSign, AdobeSign or similar authentication procedures, even if such procedures do not use a digital certificate issued with the ICP-Brasil standard, which the Parties, the Intervening Companies, the Guarantors and the witnesses recognize the legality, validity and legitimacy to legally constitute rights and obligations among themselves, as authorizes by article 10, &#167;2, of the Brazilian Provisional Measure No. 2200-2. The Parties, the Intervening Companies, the Guarantors and the witnesses also agree that the electronic signature of this Agreement in the terms provided above does not prejudice its feasibility, and should be considered, for all legal purposes, an extrajudicial enforcement order.</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">12.13.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">All Parties shall execute this Agreement in a span of no more than 2 consecutive days. If the signing process takes place within such 2 consecutive days&#8217; time span, references to &#8220;this date&#8221; or &#8220;date hereof&#8221; in this Agreement shall be understood as referring to the day in which the Agreement was executed by the first Party. If the signing process by all Parties does not take place within such 2 consecutive days, the signature by any of the Parties shall be considered void.</font></p>
<h1 style="line-height: 16pt; margin: 8pt 0pt; page-break-after: avoid; text-align: justify; text-indent: 0pt;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none;" href="#TOC" name="B131_SPUB5H9QV400000000000000000000" class="customBookmark"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: none; vertical-align: baseline;">13.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-variant: small-caps; font-weight: bold; text-decoration: underline;">Applicable Law; Execution; Dispute Resolution</font></a></h1>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">13.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Applicable Law.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> This Agreement and the rights of the Parties and of the Company hereunder shall be governed by, and interpreted and performed in accordance with, the Laws of the Federative Republic of Brazil.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">13.2.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Specific Performance.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> The Parties undertake always to comply with, formalize, and perform their obligations hereunder strictly in accordance with the terms and </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">conditions of this Agreement. The Parties hereby acknowledge and agree that all obligations assumed or arising hereunder are subject to specific performance, in addition to the payment of damages for any Loss that may be suffered by reason of breach of obligations under this Agreement. The Parties do not waive any action or measure (including Claims) that they may have at any time. The Parties expressly agree and bind themselves to specific performance of their obligations, and to accept and comply with injunctive and other orders to that effect. </font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">13.3.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Execution Proceedings.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> This Agreement, which is executed in the presence of two witnesses, is deemed as an extrajudicial title for the purposes of commencement of enforcement proceedings as provided for under article 585, II, of the Brazilian Code of Civil Procedure.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">13.4.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Arbitration.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> Any conflict, controversy or claim arising out of or relating to this Agreement, including (a)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the interpretation of the provisions of this Agreement, and/or (b)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the performance of obligations established under this Agreement, and/or (c)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the breach of any of the terms and conditions hereunder that is not resolved by amicable negotiations between the Parties shall be finally resolved by arbitration in accordance with the provisions of this Agreement (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Arbitration</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;).</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">13.4.1.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">The Arbitration shall be administered by the Center for Arbitration and Mediation of the Chamber of Commerce Brazil-Canada &#8211; CAM-CCBC (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Chamber</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;) and conducted in accordance with the Chamber&#8217;s rules in effect at the time that the request for arbitration is filed (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Arbitration Rules</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;) and with </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Brazilian Law No. 9,307/96.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">13.4.2.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">The Arbitral Tribunal shall be composed of three arbitrators (&#8220;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Arbitral Tribunal</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&#8221;), one appointed by the claimant, another one appointed by the respondent, and the third one, who shall act as president of the Arbitral Tribunal, appointed by the other two arbitrators in accordance with the Arbitration Rules. If any of the three arbitrators is not appointed within the time prescribed in the Arbitration Rules, then the President of the Chamber shall appoint such arbitrator(s) in accordance with the Arbitration Rules. Any controversy related to the appointment of arbitrators by the parties and/or the appointment of the third arbitrator shall be settled by the Chamber. The Parties hereby jointly waive the applicability of the Arbitration Rules&#8217; provisions that limit their choice of co-arbitrators, or the co-arbitrators&#8217; choice of the president of the Arbitral Tribunal, to the Chamber&#8217;s roster of arbitrators. In case there are multiple parties, whether as claimant or as respondent, the multiple claimants, jointly, and/or the multiple respondents, jointly, as the case may be, shall appoint one arbitrator. In such event, if the claimants and/or respondents fail to jointly appoint an arbitrator, the Chamber shall appoint all the members of the Arbitral Tribunal and appoint one of them to act as president.</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">13.4.3.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">The Arbitration shall be conducted in English, but exhibits attached to the Parties&#8217; submissions may be submitted either in Portuguese or in English. The City and State of S&#227;o Paulo, Brazil, shall be the seat of arbitration, where the arbitral award shall </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">be deemed to be rendered. The arbitrators shall decide the merits of the Arbitration on the basis of applicable Brazilian Law, and shall not decide </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">ex aequo et bono</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">13.4.4.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">The Parties agree to make their reasonable best efforts to attain a quick, economical, and fair resolution for any dispute submitted to Arbitration.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">13.4.5.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Any order or award rendered by the Arbitral Tribunal shall be final and binding on the Parties and their successors and assignees, and may be entered and enforced in any court having jurisdiction over the relevant party and/or any of its assets.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">13.4.6.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">All costs and expenses of the arbitral proceedings shall be borne by the Parties equally. Each Party shall bear all costs and expenses involved in preparing and presenting its case, including of its own counsel, experts and witnesses. The arbitral award shall allocate to the losing Party, or to both Parties in the proportion of their relative failure on their claims and counterclaims, the arbitration costs and expenses, including non-contractual attorneys&#8217; fees</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> (</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">honor&#225;rios de sucumb&#234;ncia</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">).</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> Other expenses as contractual attorneys&#8217; fees, experts&#8217; fees, general expenses and any other costs incurred by the Parties to defend its case shall not be reimbursed.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">13.4.7.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">The Parties shall preserve the confidentiality of all aspects of the Arbitration (including, but not limited to its existence, the parties&#8217; allegations and statements, third-party statements, evidence and documents presented, as well as any decisions rendered by the Arbitral Tribunal) and shall not disclose any information made known or documents produced in the Arbitration not otherwise in the public domain, any evidence or materials created for the purpose of the Arbitration, or any order or award issued or rendered in or arising from the Arbitration, except, and to the extent that disclosure is required (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">by Law or regulation; or (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">to obtain advice or counsel from their legal, regulatory, financial, accounting or similar advisors. Any and all controversies related to the confidentiality obligations set forth herein shall be finally settled by the Arbitral Tribunal.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">13.4.8.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Notwithstanding the provisions of this Section </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">13.4</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, and exclusively for the purposes of obtaining interim and conservatory measures prior to the constitution of the Arbitral Tribunal, the Parties may file a request with the courts</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">. Any interim relief granted by the courts shall be promptly communicated by the requesting party to the Chamber. Once constituted, the Arbitral Tribunal shall have the power to uphold, modify or overturn any such relief.</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold;">13.4.9.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Without prejudice to this arbitration agreement, the courts of S&#227;o Paulo, State of S&#227;o Paulo shall have exclusive jurisdiction for any judicial request related to (i)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the commencement of the arbitration, as per art. 7 of </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Brazilian Law No. 9,307/96</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">; (ii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">urgent measures, as per art. 22-A of </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Brazilian Law No. 9,307/96</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">; (iii)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the enforcement of extrajudicial enforcement title, without prejudice to the creditor&#8217;s prerogative pursuant to art. 516, sole paragraph, of Brazilian Law 13.105/2015; (iv)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the enforcement of arbitral awards, without prejudice to the creditor&#8217;s prerogative pursuant to art. 516, sole paragraph, of Brazilian Law 13.105/2015; and (v)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">the annulment of the arbitral award, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">as per art. 32 of </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Brazilian Law No. 9,307/96</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">; and (vi)</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">any other disputes that pursuant to the Brazilian law cannot be submitted to arbitration due to the nature of the rights involved in said disputes. The filing of any judicial request admitted by or compatible with </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Brazilian Law No. 9,307/96</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> shall not be construed as a waiver to arbitration.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify; text-indent: 0pt;"><font style="display: inline; font-family: 'Palatino Linotype'; font-size: 11pt; font-style: normal; font-weight: bold; text-decoration: none; text-transform: uppercase; vertical-align: baseline;">13.5.</font><font style="font: 7.0pt 'Times New Roman';">&nbsp; </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Intervening Parties.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> Each t</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">he Guarantors, the Company and the Intervening Companies </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">expressly binds itself to this arbitration clause for all purposes provided for in this Agreement and in Law.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">IN WITNESS WHEREOF</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">, the Parties, with the intervention of the consenting interveners, execute this Agreement in the presence of the two undersigned witnesses.</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: center;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">S&#227;o Paulo, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">August 15, 2021.</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">[</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">Signature page 01 of 02 of the Share Purchase Agreement entered into by and between Ultrapar Participa&#231;&#245;es S.A., </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">Tereft&#225;licos Ind&#250;stria e Participa&#231;&#245;es Ltda.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">, Indorama Ventures Spain Sociedad Limitada</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">and, as consenting interveners, Oxiteno S.A. &#8211; Ind&#250;stria e Com&#233;rcio, Oxiteno USA, LLC, Oxiteno Mexico S.A., de C.V. and Oxiteno Uruguay S.A., and as consenting interveners and guarantors </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">Indorama Ventures Pol&#237;meros S.A. and Indorama Ventures Public Company Limited, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">on </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">August 15, 2021</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">]</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: center;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">_____________________________________________________________</font><br><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold; text-transform: uppercase;">Ultrapar Participa&#231;&#245;es S.A.</font><br><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">: </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXX</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: center;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">_____________________________________________________________</font><br><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold; text-transform: uppercase;">Oxiteno S.A. &#8211; Ind&#250;stria e Com&#233;rcio</font><br><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">: </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: center;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">_____________________________________________________________</font><br><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold; text-transform: uppercase;">Oxiteno </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">USA, LLC</font><br><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">: </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: center;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">_____________________________________________________________</font><br><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">OXITENO MEXICO S.A., DE C.V.</font><br><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">: </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: center;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: center;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">_____________________________________________________________</font><br><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">OXITENO URUGUAY S.A.</font><br><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">: </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno">86</font></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">[</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">Signature page 02 of 02 of the Share Purchase Agreement entered into by and between Ultrapar Participa&#231;&#245;es S.A., </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">Tereft&#225;licos Ind&#250;stria e Participa&#231;&#245;es Ltda.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">, Indorama Ventures Spain Sociedad Limitada</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;"> </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">and, as consenting interveners, Oxiteno S.A. &#8211; Ind&#250;stria e Com&#233;rcio, Oxiteno USA, LLC, Oxiteno Mexico S.A., de C.V. and Oxiteno Uruguay S.A., and as consenting interveners and guarantors </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">Indorama Ventures Pol&#237;meros S.A. and Indorama Ventures Public Company Limited, </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">on </font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">August 15, 2021</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">.</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-style: italic;">]&nbsp;</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: center;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">_____________________________________________________________</font><br><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">TEREFT&#193;LICOS IND&#218;STRIA E PARTICIPA&#199;&#213;ES LTDA.</font><br><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">: </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">X</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: center;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: center;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">_____________________________________________________________</font><br><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">INDORAMA VENTURES SPAIN SOCIEDAD LIMITADA</font><br><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">: </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: center;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: center;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">_____________________________________________________________</font><br><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">INDORAMA VENTURES POL&#205;MEROS S.A. </font><br><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">: </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXX</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; text-align: center;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: center;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">_____________________________________________________________</font><br><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">INDORAMA VENTURES PUBLIC COMPANY LIMITED</font><br><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">: </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXX</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">XXXXXXXXXXXX</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; text-align: justify;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; text-decoration: underline;">Witnesses</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">:</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">1.___________________________________</font><br><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">Name:</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">Andre Junqueira de Azevedo</font><br><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">CPF:</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">257.957.228-71</font><br><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">Id.:</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">23.434.952-9</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">2.___________________________________</font><br><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">Name:</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">Luiz Fernando Corr&#234;a de Carvalho J&#250;nior</font><br><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">CPF:</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">212628528-62</font><br><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">Id.:</font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;"> </font><font style="background-color: #000000; font-family: 'Palatino Linotype'; font-size: 11pt;">19129960</font></p>
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<td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno">87</font></td>
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<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><a href="#TOC">Table of Contents</a></div>
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<p style="margin: 0px; text-align: justify; text-indent: 0px;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">&nbsp;</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt; font-weight: bold;">Rela&#231;&#227;o de Anexos &#8211; VIVALDI</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Price Adjustment Schedule</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 1.1 - Definitions</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 2.3 &#8211; Company&#8217;s Bank Account</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 2.5(a) &#8211; Seller&#8217;s Bank Account</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 2.6.4(b) &#8211; Buyer&#8217;s Bank Accounts</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 3.1(b) &#8211; Corporate Reorganization</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 3.1(d) &#8211; Governmental Authorities and Antitrust Approvals</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 3.2(d) &#8211; Material Consents</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 4.4.1 &#8211; Available New Shares&#8217; subscription Bulletin</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 5.2(e) &#8211; Conduct of Business &#8211; Replaceable Guarantees and Surety Insurance Policies</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 5.2(f) &#8211; Conduct of Business &#8211; Insurance Policies that may be terminated</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 5.2.2(e) &#8211; Conduct of Business &#8211; Permitted Transactions</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 5.2.2(r) &#8211; Conduct of Business &#8211; Related Parties</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 5.2.2.1 &#8211; Exchange Rates &#8211; Conduct of Business Provisions</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 5.4(a) &#8211; Benefit Plans to be terminated</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 5.4(b) &#8211; Benefit Plans to be terminated which shall be transfered to the Company</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 5.7 &#8211; Free Lease Agreements to be extended</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 5.10 &#8211; Related Party Agreements to be terminated</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 5.10.1(a) &#8211; Financial agreements to be settled, paid and discharged</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 5.10.1(b) &#8211; Financial agreements that may be prepaid, settled, discharged and terminated</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 6.2(i) &#8211; IVL Subscription Price Receipt</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 6.2(j) &#8211; IVL Upfront Purchase Price Receipt</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 7.4(b) &#8211; Companies&#8217; Capital Stock</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 7.4(c)(i) &#8211; Legal entities owned by the Company</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 7.4(c)(ii) &#8211; Legal entities in which the Company will cease to hold any equity interest</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 7.4(e) &#8211; Agreements related the Companies&#8217; Equity</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 7.4.1 &#8211; Included Subsidiaries</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 7.7 &#8211; Compliance with Antitrust Laws</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 7.10 &#8211; Material Contracts</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 7.10.1 &#8211; Material Contracts matters</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 7.10.2(i) &#8211; Agreements between Related Parties</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 7.10.2(ii) &#8211; Arm&#8217;s Length Agreements between Related Parties</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 7.11 &#8211; Insurance related Claims</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 7.13 &#8211; List of Owned Real Property</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 7.13.2 &#8211; Owned Real Properties&#8217; Rights</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 7.13.3 &#8211; Owned Real Properties&#8217; Title or Possession Matters</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 7.13.4 &#8211; Owned Real Properties&#8217; Construction Licenses and Permits</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 7.13.5 &#8211; Rural Lands and Properties</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 7.13.9 &#8211; Companies&#8217; Leased Real Property</font><font style="font-family: 'Palatino Linotype'; font-size: 11pt;"> </font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 7.14 &#8211; Scheduled Intellectual Property</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 7.16 &#8211; Taxes</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 7.16.1 &#8211; Tax Benefits</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 7.18 &#8211; Labor and Employment matters</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 7.18.1(i) &#8211; Company Plans</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 7.18.2 &#8211; Oxiteno US Company Plans changing restrictions</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 7.18.10 &#8211; Collective Labor Agreements</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 7.19 &#8211; Environmental Matters</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 7.20 &#8211; Claims</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 7.21.1 &#8211; Closing Bonus Payment</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 7.22 &#8211; Guarantees and Collaterals</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 7.23 &#8211; Data Protection</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 7.24 &#8211; CARES Act Matters</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 7.27 &#8211; Seller&#8217;s Representations and Warrantis - Exchange Rates</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 9.2 &#8211; Guidelines for Announcements</font></p>
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<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 9.3 &#8211; Guarantees to the Benefit of the Company</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 9.4 &#8211; Supervening Assets</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 9.5(i) &#8211; Conditions for IT carve-out</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 9.5(ii) &#8211; Transition Support</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 9.5(iii) &#8211; Lease Agreement</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule 9.6 &#8211; Post-Closing Governmental Authorizations</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule A &#8211; Characteristics of the Shares</font></p>
<p style="line-height: 16pt; margin: 8pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Palatino Linotype'; font-size: 11pt;">Schedule P-1 &#8211; Permitted Liens&nbsp;</font></p>
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-13
<SEQUENCE>28
<FILENAME>ex13_6.htm
<DESCRIPTION>EXHIBIT 13
<TEXT>
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<p style="margin: 0pt 0in 0in; font-size: 12pt; font-family: 'Times New Roman', 'serif'; text-align: right;"><b><font lang="PT-BR" style="font-size: 10.0pt; mso-ansi-language: PT-BR;">Exhibit 13 </font></b><font lang="PT-BR" style="font-size: 10.0pt; mso-ansi-language: PT-BR;"></font></p>
<p style="margin: 0.25in 0in 0in; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="PT-BR" style="font-size: 10.0pt; mso-ansi-language: PT-BR;">Ultrapar Participa&#231;&#245;es S.A. and Subsidiaries </font></p>
<p style="margin: 6pt 0in 0in; break-after: avoid; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><b><font lang="EN-US" style="font-size: 10.0pt;">CERTIFICATION PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 </font></b><font lang="EN-US" style="font-size: 10.0pt;"></font></p>
<p style="margin: 6pt 0in 0in; text-indent: 24.5pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="EN-US" style="font-size: 10.0pt;">The certification set forth below is being submitted in connection with the Annual Report of Ultrapar Participa&#231;&#245;es S.A. (the &#8220;Company&#8221;) for the year ended December&nbsp;31, 2021 (the &#8220;Report&#8221;) for the purpose of complying with Rule 13a-14(b) or Rule 15d-14(b) of the Securities Exchange Act of 1934 (the &#8220;Exchange Act&#8221;) and Section&nbsp;1350 of Chapter 63 of Title 18 of the United States Code. </font></p>
<p style="margin: 12pt 0in 0.0001pt; text-indent: 24.5pt; break-after: avoid; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="EN-US" style="font-size: 10.0pt;">Marcos Marinho Lutz, the Chief Executive Officer, and Rodrigo de Almeida Pizzinatto, the Chief Financial Officer of the Company, each certifies that, to the best of their respective knowledge: </font></p>
<p style="margin: 6pt 0in 0in 79.55pt; text-indent: -24.5pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="EN-US" style="font-size: 10.0pt;">1.<font style="mso-tab-count: 1;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>the Report fully complies with the requirements of Section&nbsp;13(a) or 15(d) of the Securities Exchange Act of 1934; and </font></p>
<p style="margin: 6pt 0in 0in 79.55pt; text-indent: -24.5pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="EN-US" style="font-size: 10.0pt;">2.<font style="mso-tab-count: 1;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company. </font></p>
<p style="margin: 0.25in 0in 0in; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="EN-US" style="font-size: 10.0pt;">S&#227;o Paulo, May<font style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;">&nbsp;10</font></font><font lang="PT-BR" style="font-size: 10pt; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;">, 2022</font><font lang="PT-BR" style="font-size: 10.0pt;"> </font><font lang="EN-US" style="font-size: 10.0pt;"></font></p>
<p style="margin: 0in 0in 0.0001pt; break-after: avoid; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="EN-US">&nbsp;</font></p>
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<p style="margin: 0in 0in 0.0001pt; break-after: avoid; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="EN-US" style="font-size: 10.0pt;">By:</font><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-theme-font: minor-fareast;"></font></p>
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<p style="margin: 0in 0in 0.0001pt; break-after: avoid; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="EN-US" style="font-size: 10.0pt;">Name:</font><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-theme-font: minor-fareast;"></font></p>
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<p align="center" style="text-align: center; margin: 0in 0in 0.0001pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><b><font lang="EN-US" style="font-size: 8.0pt;">Marcos Marinho Lutz</font></b><font lang="EN-US" style="font-size: 8.0pt;"></font></p>
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</td>
<td valign="bottom" style="padding: 0in; width: 27.7661%;">
<p align="center" style="text-align: center; margin: 0in 0in 0.0001pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="EN-US" style="font-size: 10.0pt;">Chief Executive Officer</font></p>
</td>
</tr>

</table>
<p style="margin: 0.25in 0in 0in; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="EN-US" style="font-size: 10.0pt;">S&#227;o Paulo, May<font style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;">&nbsp;10</font></font><font lang="PT-BR" style="font-size: 10pt; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;">, 2022</font><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-theme-font: minor-fareast;"></font></p>
<p style="margin: 0in 0in 0.0001pt; break-after: avoid; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="EN-US">&nbsp;</font></p>
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<tr style="mso-yfti-irow: 0; mso-yfti-firstrow: yes;">
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<tr style="mso-yfti-irow: 1; height: 12.0pt;">
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<td style="padding: 0in; height: 12pt; width: 25.75%;"></td>
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<tr style="mso-yfti-irow: 2; page-break-inside: avoid;">
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<p style="margin: 0in 0in 0.0001pt; break-after: avoid; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="EN-US" style="font-size: 10.0pt;">By:</font><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-theme-font: minor-fareast;"></font></p>
</td>
<td valign="top" style="border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid black; padding: 0in; width: 25.75%;">
<p align="center" style="text-align: center; margin: 0in 0in 0.0001pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="PT-BR" style="font-size: 10.0pt; mso-ansi-language: PT-BR;">/</font><font lang="PT-BR" style="font-size: 7.5pt; mso-ansi-language: PT-BR;">S</font><font lang="PT-BR" style="font-size: 10.0pt; mso-ansi-language: PT-BR;">/ R</font><font lang="PT-BR" style="font-size: 7.5pt; mso-ansi-language: PT-BR;">ODRIGO DE</font><font lang="PT-BR" style="font-size: 10.0pt; mso-ansi-language: PT-BR;"> A</font><font lang="PT-BR" style="font-size: 7.5pt; mso-ansi-language: PT-BR;">LMEIDA</font><font lang="PT-BR" style="font-size: 10.0pt; mso-ansi-language: PT-BR;"> P</font><font lang="PT-BR" style="font-size: 7.5pt; mso-ansi-language: PT-BR;">IZZINATTO</font><font lang="PT-BR" style="font-size: 10.0pt; mso-ansi-language: PT-BR;"></font></p>
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<p style="margin: 0in 0in 0.0001pt; break-after: avoid; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="EN-US" style="font-size: 10.0pt;">Name:</font><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-theme-font: minor-fareast;"></font></p>
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<td valign="bottom" style="padding: 0in; width: 25.75%;">
<p align="center" style="text-align: center; margin: 0in 0in 0.0001pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><b><font lang="PT-BR" style="font-size: 8.0pt; mso-ansi-language: PT-BR;">Rodrigo de Almeida Pizzinatto</font></b><font lang="PT-BR" style="font-size: 8.0pt; mso-ansi-language: PT-BR;"></font></p>
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</tr>
<tr style="mso-yfti-irow: 4; mso-yfti-lastrow: yes; page-break-inside: avoid;">
<td valign="bottom" style="padding: 0in; width: 6.25%;">
<p style="margin: 0in 0in 0.0001pt; break-after: avoid; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="EN-US" style="font-size: 10.0pt;">Title:</font><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-theme-font: minor-fareast;"></font></p>
</td>
<td valign="bottom" style="padding: 0in; width: 25.75%;">
<p align="center" style="text-align: center; margin: 0in 0in 0.0001pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="EN-US" style="font-size: 10.0pt;">Chief&nbsp;Financial&nbsp;and&nbsp;Investor&nbsp;Relations&nbsp;Officer</font></p>
</td>
</tr>

</table>
<p style="margin: 0.25in 0in 0in; break-after: avoid; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><b><font lang="EN-US" style="font-size: 10.0pt;">ULTRAPAR PARTICIPA&#199;&#213;ES S.A. </font></b><font lang="EN-US" style="font-size: 10.0pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-theme-font: minor-fareast;"></font></p>
<p style="margin: 0in 0in 0.0001pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font lang="EN-US">&nbsp;</font></p>
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<DOCUMENT>
<TYPE>EX-15
<SEQUENCE>29
<FILENAME>ex15_7.htm
<DESCRIPTION>EXHIBIT 15
<TEXT>
<html><body><div><div style="font-family: 'times new roman', times; font-size: 10pt;">
<p align="right" style="margin: 0in 0in 0.0001pt; text-align: right; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><b><font lang="EN-US" style="font-size: 10.0pt;">Exhibit 15</font></b></p>
<p style="line-height: 12pt; margin: 0pt 0pt 20pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">May 10, 2022</font></p>
<p style="line-height: 12pt; margin: 0pt 0pt 10pt; page-break-inside: avoid;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Securities and Exchange Commission</font><br><font style="font-family: 'times new roman', times; font-size: 10pt;">Washington, D.C. 20549</font></p>
<p style="line-height: 12pt; margin: 0pt 0pt 10pt; page-break-inside: avoid;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Ladies and Gentlemen:</font></p>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">We are currently principal accountants for Ultrapar Participa&#231;&#245;es S.A and, under the date of May 10, 2022, we reported on the consolidated financial statements of Ultrapar Participa&#231;&#245;es S.A as of and for the years ended December 31, 2021 and 2020 and the effectiveness of internal control over financial reporting as of December 31, 2021. On December 9, 2021, we were notified that Ultrapar Participa&#231;&#245;es S.A engaged Deloitte Touche Tohmatsu Auditores Independentes as its principal accountant for the year ending December 31, 2022 and that the auditor-client relationship with KPMG Auditores Independentes Ltda. will cease upon completion of the audit of Ultrapar Participa&#231;&#245;es S.A. consolidated financial statements as of and for the year ended December 31, 2021 and the effectiveness of internal control over financial reporting as of December 31, 2021, and the issuance of our reports thereon. We have read Ultrapar Participa&#231;&#245;es S.A 's statements included under Item 16F of its Form 20-F dated May 10, 2022, and we agree with such statements, except that we are not in a position to agree or disagree with Ultrapar Participa&#231;&#245;es S.A statement that Deloitte Touche Tohmatsu Auditores Independentes was not engaged regarding the application of accounting principles to a specified transaction or the type of audit opinion that might be rendered on Ultrapar Participa&#231;&#245;es S.A consolidated financial statements or the effectiveness of internal control over financial reporting.</font></p>
<p style="line-height: 12pt; margin: 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="line-height: 12pt; margin: 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Very truly yours,</font></p>
<p style="line-height: 12pt; margin: 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="line-height: 12pt; margin: 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid;"><font style="font-family: 'times new roman', times; font-size: 10pt;">KPMG Auditores Independentes Ltda.</font></p>
</div></div></body></html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>30
<FILENAME>R1.htm
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<head>
<title></title>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147276932872">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Cover Page<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th">
<div>Dec. 31, 2021 </div>
<div>shares</div>
</th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentInformationLineItems', window );"><strong>Document Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
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<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentType', window );">Document Type</a></td>
<td class="text">20-F<span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_AmendmentFlag', window );">Amendment Flag</a></td>
<td class="text">false<span></span>
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<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
<td class="text">Dec. 31,  2021<span></span>
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<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_CurrentFiscalYearEndDate', window );">Current Fiscal Year End Date</a></td>
<td class="text">--12-31<span></span>
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<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentFiscalYearFocus', window );">Document Fiscal Year Focus</a></td>
<td class="text">2021<span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentFiscalPeriodFocus', window );">Document Fiscal Period Focus</a></td>
<td class="text">FY<span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentRegistrationStatement', window );">Document Registration Statement</a></td>
<td class="text">false<span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentAnnualReport', window );">Document Annual Report</a></td>
<td class="text">true<span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentTransitionReport', window );">Document Transition Report</a></td>
<td class="text">false<span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentShellCompanyReport', window );">Document Shell Company Report</a></td>
<td class="text">false<span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="text">ULTRAPAR HOLDINGS INC.<span></span>
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<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityFileNumber', window );">Entity File Number</a></td>
<td class="text">001-14950<span></span>
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<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
<td class="text">0001094972<span></span>
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<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityIncorporationStateCountryCode', window );">Entity Incorporation, State or Country Code</a></td>
<td class="text">D5<span></span>
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<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressAddressLine1', window );">Entity Address, Address Line One</a></td>
<td class="text">Brigadeiro Luis Ant&#244;nio Avenue, 1343, 9th Floor<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressCityOrTown', window );">Entity Address, City or Town</a></td>
<td class="text">S&#227;o Paulo<span></span>
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<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressCountry', window );">Entity Address, Country</a></td>
<td class="text">BR<span></span>
</td>
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<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressPostalZipCode', window );">Entity Address, Postal Zip Code</a></td>
<td class="text">01317-910<span></span>
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<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">Common Shares<span></span>
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<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">UGP<span></span>
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<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NASDAQ<span></span>
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<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityCommonStockSharesOutstanding', window );">Entity Common Stock, Shares Outstanding</a></td>
<td class="nump">1,088,172,907<span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityWellKnownSeasonedIssuer', window );">Entity Well-known Seasoned Issuer</a></td>
<td class="text">Yes<span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityVoluntaryFilers', window );">Entity Voluntary Filers</a></td>
<td class="text">No<span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityCurrentReportingStatus', window );">Entity Current Reporting Status</a></td>
<td class="text">Yes<span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityInteractiveDataCurrent', window );">Entity Interactive Data Current</a></td>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityFilerCategory', window );">Entity Filer Category</a></td>
<td class="text">Large Accelerated Filer<span></span>
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<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityEmergingGrowthCompany', window );">Entity Emerging Growth Company</a></td>
<td class="text">false<span></span>
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<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentAccountingStandard', window );">Document Accounting Standard</a></td>
<td class="text">International Financial Reporting Standards<span></span>
</td>
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<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityShellCompany', window );">Entity Shell Company</a></td>
<td class="text">false<span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_IcfrAuditorAttestationFlag', window );">ICFR Auditor Attestation Flag</a></td>
<td class="text">true<span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_AuditorName', window );">Auditor Name</a></td>
<td class="text">KPMG Auditores Independentes Ltda<span></span>
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<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_AuditorFirmId', window );">Auditor Firm ID</a></td>
<td class="text">1124<span></span>
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</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_AuditorLocation', window );">Auditor Location</a></td>
<td class="text">S&#227;o Paulo, Brazil<span></span>
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<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressesAddressTypeAxis=dei_BusinessContactMember', window );">Business Contact [Member]</a></td>
<td class="text">&#160;<span></span>
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<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentInformationLineItems', window );"><strong>Document Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
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<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_ContactPersonnelName', window );">Contact Personnel Name</a></td>
<td class="text">Rodrigo de Almeida Pizzinatto<span></span>
</td>
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<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressAddressLine1', window );">Entity Address, Address Line One</a></td>
<td class="text">Brigadeiro Luis Ant&#244;nio Avenue, 1343, 9th Floor<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressCityOrTown', window );">Entity Address, City or Town</a></td>
<td class="text">S&#227;o Paulo<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressCountry', window );">Entity Address, Country</a></td>
<td class="text">BR<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressPostalZipCode', window );">Entity Address, Postal Zip Code</a></td>
<td class="text">01317-910<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_CityAreaCode', window );">City Area Code</a></td>
<td class="text">55 11<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LocalPhoneNumber', window );">Local Phone Number</a></td>
<td class="text">3177 7014<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AmendmentFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AmendmentFlag</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AuditorFirmId">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>PCAOB issued Audit Firm Identifier</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 10-K<br> -Number 249<br> -Section 310<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 20-F<br> -Number 249<br> -Section 220<br> -Subsection f<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 40-F<br> -Number 249<br> -Section 240<br> -Subsection f<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AuditorFirmId</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:nonemptySequenceNumberItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AuditorLocation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 10-K<br> -Number 249<br> -Section 310<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 20-F<br> -Number 249<br> -Section 220<br> -Subsection f<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 40-F<br> -Number 249<br> -Section 240<br> -Subsection f<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AuditorLocation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:internationalNameItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AuditorName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 10-K<br> -Number 249<br> -Section 310<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 20-F<br> -Number 249<br> -Section 220<br> -Subsection f<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 40-F<br> -Number 249<br> -Section 240<br> -Subsection f<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AuditorName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:internationalNameItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CityAreaCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Area code of city</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CityAreaCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_ContactPersonnelName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Name of contact personnel</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_ContactPersonnelName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CurrentFiscalYearEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>End date of current fiscal year in the format --MM-DD.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CurrentFiscalYearEndDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:gMonthDayItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentAccountingStandard">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The basis of accounting the registrant has used to prepare the financial statements included in this filing This can either be 'U.S. GAAP', 'International Financial Reporting Standards', or 'Other'.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 20-F<br> -Number 249<br> -Section 220<br> -Subsection f<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentAccountingStandard</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:accountingStandardItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentAnnualReport">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true only for a form used as an annual report.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 10-K<br> -Number 249<br> -Section 310<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 20-F<br> -Number 249<br> -Section 220<br> -Subsection f<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 40-F<br> -Number 249<br> -Section 240<br> -Subsection f<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentAnnualReport</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentFiscalPeriodFocus">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fiscal period values are FY, Q1, Q2, and Q3.  1st, 2nd and 3rd quarter 10-Q or 10-QT statements have value Q1, Q2, and Q3 respectively, with 10-K, 10-KT or other fiscal year statements having FY.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentFiscalPeriodFocus</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:fiscalPeriodItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentFiscalYearFocus">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This is focus fiscal year of the document report in YYYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentFiscalYearFocus</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:gYearItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentInformationLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentInformationLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentPeriodEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period.  The format of the date is YYYY-MM-DD.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentPeriodEndDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentRegistrationStatement">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true only for a form used as a registration statement.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentRegistrationStatement</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentShellCompanyReport">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true for a Shell Company Report pursuant to section 13 or 15(d) of the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 20-F<br> -Number 249<br> -Section 220<br> -Subsection f<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentShellCompanyReport</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentTransitionReport">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true only for a form used as a transition report.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Forms 10-K, 10-Q, 20-F<br> -Number 240<br> -Section 13<br> -Subsection a-1<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentTransitionReport</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentType">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentType</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:submissionTypeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Address Line 1 such as Attn, Building Name, Street Name</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressCityOrTown">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Name of the City or Town</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressCityOrTown</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressCountry">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>ISO 3166-1 alpha-2 country code.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressCountry</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:countryCodeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressPostalZipCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Code for the postal or zip code</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressPostalZipCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCentralIndexKey">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCentralIndexKey</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:centralIndexKeyItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCommonStockSharesOutstanding">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCommonStockSharesOutstanding</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCurrentReportingStatus">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate 'Yes' or 'No' whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCurrentReportingStatus</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:yesNoItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityEmergingGrowthCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate if registrant meets the emerging growth company criteria.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityEmergingGrowthCompany</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFileNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityFileNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:fileNumberItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFilerCategory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate whether the registrant is one of the following: Large Accelerated Filer, Accelerated Filer, Non-accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityFilerCategory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:filerCategoryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityIncorporationStateCountryCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Two-character EDGAR code representing the state or country of incorporation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityIncorporationStateCountryCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarStateCountryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityInteractiveDataCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation S-T<br> -Number 232<br> -Section 405<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityInteractiveDataCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:yesNoItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityRegistrantName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityShellCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the registrant is a shell company as defined in Rule 12b-2 of the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityShellCompany</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityVoluntaryFilers">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate 'Yes' or 'No' if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityVoluntaryFilers</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:yesNoItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityWellKnownSeasonedIssuer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate 'Yes' or 'No' if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Is used on Form Type: 10-K, 10-Q, 8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR, N-Q, N-1A.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br> -Section 405<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityWellKnownSeasonedIssuer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:yesNoItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_IcfrAuditorAttestationFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 10-K<br> -Number 249<br> -Section 310<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 20-F<br> -Number 249<br> -Section 220<br> -Subsection f<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 40-F<br> -Number 249<br> -Section 240<br> -Subsection f<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_IcfrAuditorAttestationFlag</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LocalPhoneNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Local phone number for entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LocalPhoneNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_Security12bTitle">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Title of a 12(b) registered security.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_Security12bTitle</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:securityTitleItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SecurityExchangeName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Name of the Exchange on which a security is registered.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection d1-1<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SecurityExchangeName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarExchangeCodeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_TradingSymbol">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Trading symbol of an instrument as listed on an exchange.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_TradingSymbol</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:tradingSymbolItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressesAddressTypeAxis=dei_BusinessContactMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressesAddressTypeAxis=dei_BusinessContactMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>31
<FILENAME>R2.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147276022296">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Consolidated Statements of Financial Position - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssetsAbstract', window );"><strong>Current assets</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashAndCashEquivalents', window );">Cash and cash equivalents</a></td>
<td class="nump">R$ 2,280,074<span></span>
</td>
<td class="nump">R$ 2,661,494<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentInvestments', window );">Financial investments and hedging instruments</a></td>
<td class="nump">1,804,122<span></span>
</td>
<td class="nump">5,033,258<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentTradeReceivables', window );">Trade receivables</a></td>
<td class="nump">3,375,246<span></span>
</td>
<td class="nump">3,318,927<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CurrentResellerFinancing', window );">Reseller financing</a></td>
<td class="nump">582,562<span></span>
</td>
<td class="nump">549,129<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Inventories', window );">Inventories</a></td>
<td class="nump">3,918,772<span></span>
</td>
<td class="nump">3,846,196<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax', window );">Recoverable taxes</a></td>
<td class="nump">1,061,227<span></span>
</td>
<td class="nump">1,044,850<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentTaxAssetsCurrent', window );">Recoverable income and social contribution taxes</a></td>
<td class="nump">291,833<span></span>
</td>
<td class="nump">366,080<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DividendsReceivableCurrent', window );">Dividends receivable</a></td>
<td class="nump">147<span></span>
</td>
<td class="nump">1,152<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherCurrentReceivables', window );">Other receivables</a></td>
<td class="nump">56,205<span></span>
</td>
<td class="nump">56,955<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentPrepaidExpenses', window );">Prepaid expenses</a></td>
<td class="nump">98,024<span></span>
</td>
<td class="nump">132,122<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentContractAssets', window );">Contractual assets with customers &#8211; exclusive rights</a></td>
<td class="nump">555,052<span></span>
</td>
<td class="nump">478,908<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners', window );">Total current assets other than non-current assets or disposal groups classified as held for sale</a></td>
<td class="nump">14,023,264<span></span>
</td>
<td class="nump">17,489,071<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners', window );">Assets held for sale</a></td>
<td class="nump">11,000,917<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Total current assets</a></td>
<td class="nump">25,024,181<span></span>
</td>
<td class="nump">17,489,071<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssetsAbstract', window );"><strong>Non-current assets</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentFinancialAssets', window );">Financial investments and hedging instruments</a></td>
<td class="nump">379,277<span></span>
</td>
<td class="nump">977,408<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentTradeReceivables', window );">Trade receivables</a></td>
<td class="nump">63,749<span></span>
</td>
<td class="nump">72,195<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NonCurrentResellerFinancing', window );">Reseller financing</a></td>
<td class="nump">415,472<span></span>
</td>
<td class="nump">419,255<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherReceivablesDueFromRelatedParties', window );">Related parties</a></td>
<td class="nump">490<span></span>
</td>
<td class="nump">2,824<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxAssets', window );">Deferred income and social contribution taxes</a></td>
<td class="nump">571,755<span></span>
</td>
<td class="nump">974,711<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax', window );">Recoverable taxes</a></td>
<td class="nump">1,046,798<span></span>
</td>
<td class="nump">1,474,808<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentTaxAssetsNoncurrent', window );">Recoverable income and social contribution taxes</a></td>
<td class="nump">155,358<span></span>
</td>
<td class="nump">261,205<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LongtermDeposits', window );">Escrow deposits</a></td>
<td class="nump">871,261<span></span>
</td>
<td class="nump">949,796<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IndemnificationAssetBusinessCombination', window );">Indemnification asset &#8211; business combination</a></td>
<td class="nump">120,991<span></span>
</td>
<td class="nump">204,439<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentReceivables', window );">Other receivables</a></td>
<td class="nump">29,748<span></span>
</td>
<td class="nump">20,238<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentPrepayments', window );">Prepaid expenses</a></td>
<td class="nump">71,368<span></span>
</td>
<td class="nump">70,507<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentContractAssets', window );">Contractual assets with customers &#8211; exclusive rights</a></td>
<td class="nump">1,524,174<span></span>
</td>
<td class="nump">1,227,423<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_InvestmentAbstract', window );"><strong>Investments</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsInJointVenturesAccountedForUsingEquityMethod', window );">In joint ventures</a></td>
<td class="nump">71,389<span></span>
</td>
<td class="nump">139,100<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsInAssociatesAccountedForUsingEquityMethod', window );">In associates</a></td>
<td class="nump">7,176<span></span>
</td>
<td class="nump">25,588<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod', window );">Others</a></td>
<td class="nump">28<span></span>
</td>
<td class="nump">2,793<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NonCurrentInvestments', window );">Total investments</a></td>
<td class="nump">78,593<span></span>
</td>
<td class="nump">167,481<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Right-of-use assets</a></td>
<td class="nump">1,651,295<span></span>
</td>
<td class="nump">2,150,286<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment</a></td>
<td class="nump">5,534,591<span></span>
</td>
<td class="nump">8,005,860<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Intangible assets</a></td>
<td class="nump">1,471,256<span></span>
</td>
<td class="nump">1,782,655<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Total non-current assets</a></td>
<td class="nump">13,986,176<span></span>
</td>
<td class="nump">18,761,091<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Assets', window );">Total assets</a></td>
<td class="nump">39,010,357<span></span>
</td>
<td class="nump">36,250,162<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilitiesAbstract', window );"><strong>Current liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoansFinancingAndHedgingInstrumentsCurrent', window );">Loans,&#160;financing&#160;and hedge derivative financial instruments</a></td>
<td class="nump">618,327<span></span>
</td>
<td class="nump">2,306,036<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentNotesAndDebenturesIssuedAndCurrentPortionOfNoncurrentNotesAndDebenturesIssued', window );">Debentures</a></td>
<td class="nump">2,247,724<span></span>
</td>
<td class="nump">949,908<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers', window );">Trade payables</a></td>
<td class="nump">3,670,895<span></span>
</td>
<td class="nump">2,745,019<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TradeCurrentPayablesReverseFactoring', window );">Trade payables &#8211; reverse factoring</a></td>
<td class="nump">2,119,059<span></span>
</td>
<td class="nump">1,295,633<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShorttermEmployeeBenefitsAccruals', window );">Salaries and related charges</a></td>
<td class="nump">330,103<span></span>
</td>
<td class="nump">468,630<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax', window );">Taxes payable</a></td>
<td class="nump">229,176<span></span>
</td>
<td class="nump">286,014<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentDividendPayables', window );">Dividends payable</a></td>
<td class="nump">202,860<span></span>
</td>
<td class="nump">442,133<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentTaxLiabilitiesCurrent', window );">Income and social contribution taxes payable</a></td>
<td class="nump">196,348<span></span>
</td>
<td class="nump">169,317<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentProvisionsForEmployeeBenefits', window );">Post-employment benefits</a></td>
<td class="nump">21,082<span></span>
</td>
<td class="nump">27,077<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CurrentProvisionAssetRetirementObligation', window );">Provision for asset retirement obligation</a></td>
<td class="nump">4,632<span></span>
</td>
<td class="nump">4,267<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShorttermLegalProceedingsProvision', window );">Provision for tax, civil, and labor risks</a></td>
<td class="nump">119,942<span></span>
</td>
<td class="nump">43,660<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLeaseLiabilities', window );">Leases payable</a></td>
<td class="nump">188,832<span></span>
</td>
<td class="nump">260,189<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherCurrentPayables', window );">Other payables</a></td>
<td class="nump">144,204<span></span>
</td>
<td class="nump">224,676<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentDeferredIncomeIncludingCurrentContractLiabilities', window );">Deferred revenue</a></td>
<td class="nump">5,625<span></span>
</td>
<td class="nump">18,282<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilitiesOtherThanLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale', window );">Total current liabilities other than liabilities included in disposal groups classified as held for sale</a></td>
<td class="nump">10,098,809<span></span>
</td>
<td class="nump">9,240,841<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale', window );">Liabilities directly associated with assets held for sale</a></td>
<td class="nump">2,541,421<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Total current liabilities</a></td>
<td class="nump">12,640,230<span></span>
</td>
<td class="nump">9,240,841<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilitiesAbstract', window );"><strong>Non-current liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoansFinancingAndHedgingInstrumentsNonCurrent', window );">Loans, financing and hedge derivative financial instruments</a></td>
<td class="nump">8,672,547<span></span>
</td>
<td class="nump">8,526,064<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentPortionOfNoncurrentNotesAndDebenturesIssued', window );">Debentures</a></td>
<td class="nump">4,839,045<span></span>
</td>
<td class="nump">5,594,208<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentPayablesToRelatedParties', window );">Related parties</a></td>
<td class="nump">3,534<span></span>
</td>
<td class="nump">3,711<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilities', window );">Deferred income and social contribution taxes</a></td>
<td class="nump">282<span></span>
</td>
<td class="nump">12,732<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentProvisionsForEmployeeBenefits', window );">Post-employment benefits</a></td>
<td class="nump">194,637<span></span>
</td>
<td class="nump">257,647<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NonCurrentProvisionForAssetRetirementObligation', window );">Provision for asset retirement obligation</a></td>
<td class="nump">52,079<span></span>
</td>
<td class="nump">49,168<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LongtermLegalProceedingsProvision', window );">Provision for tax, civil, and labor risks</a></td>
<td class="nump">812,243<span></span>
</td>
<td class="nump">854,385<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLeaseLiabilities', window );">Leases payable</a></td>
<td class="nump">1,159,479<span></span>
</td>
<td class="nump">1,573,099<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NonCurrentIndemnificationForSubscriptionWarrants', window );">Subscription warrants &#8211; indemnification</a></td>
<td class="nump">51,296<span></span>
</td>
<td class="nump">86,439<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NonCurrentProvisionForShortTermLiabilitiesOfJointVenture', window );">Provision for liabilities of joint ventures</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">2,096<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentPayables', window );">Other payables</a></td>
<td class="nump">115,745<span></span>
</td>
<td class="nump">139,507<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Total non-current liabilities</a></td>
<td class="nump">15,900,887<span></span>
</td>
<td class="nump">17,099,056<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_EquityAbstract', window );"><strong>Equity</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IssuedCapital', window );">Share capital</a></td>
<td class="nump">5,171,752<span></span>
</td>
<td class="nump">5,171,752<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_EquityInstrumentsGranted', window );">Equity instrument granted</a></td>
<td class="nump">34,043<span></span>
</td>
<td class="nump">22,404<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CapitalReserve', window );">Capital reserve</a></td>
<td class="nump">596,481<span></span>
</td>
<td class="nump">594,049<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TreasuryShares', window );">Treasury shares</a></td>
<td class="num">(488,425)<span></span>
</td>
<td class="num">(489,068)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherReserves', window );">Revaluation reserve on subsidiaries</a></td>
<td class="nump">4,154<span></span>
</td>
<td class="nump">4,337<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReserveOfDiscretionaryParticipationFeatures', window );">Profit reserves</a></td>
<td class="nump">4,866,409<span></span>
</td>
<td class="nump">4,408,275<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AccumulatedOtherComprehensiveIncome', window );">Other comprehensive income</a></td>
<td class="num">(117,493)<span></span>
</td>
<td class="num">(233,394)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdditionalDividendsMinimumMandatoryDividends', window );">Additional dividends to the minimum mandatory dividends</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">55,391<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ShareholdersEquityAttributableToAbstract', window );"><strong>Equity attributable to:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_EquityAttributableToOwnersOfParent', window );">Shareholders of the Company</a></td>
<td class="nump">10,066,921<span></span>
</td>
<td class="nump">9,533,746<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncontrollingInterests', window );">Non-controlling interests in subsidiaries</a></td>
<td class="nump">402,319<span></span>
</td>
<td class="nump">376,519<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Total equity</a></td>
<td class="nump">10,469,240<span></span>
</td>
<td class="nump">9,910,265<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_EquityAndLiabilities', window );">Total liabilities and equity</a></td>
<td class="nump">R$ 39,010,357<span></span>
</td>
<td class="nump">R$ 36,250,162<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AccumulatedOtherComprehensiveIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of accumulated items of income and expense (including reclassification adjustments) that are not recognised in profit or loss as required or permitted by other IFRSs. [Refer: IFRSs [member]; Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AccumulatedOtherComprehensiveIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Assets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of a present economic resource controlled by the entity as a result of past events. Economic resource is a right that has the potential to produce economic benefits.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2021-01-01<br> -Paragraph 93<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_93_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 28<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_28_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2021-01-01<br> -Paragraph 93<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_93_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2021-01-01<br> -Paragraph 93<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_93_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Assets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CapitalReserve">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>A component of equity representing the capital reserves.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CapitalReserve</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashAndCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of cash on hand and demand deposits, along with short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value. [Refer: Cash; Cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 45<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B13<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B13_a&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 54<br> -Subparagraph i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_54_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashAndCashEquivalents</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of assets that the entity (a) expects to realise or intends to sell or consume in its normal operating cycle; (b) holds primarily for the purpose of trading; (c) expects to realise within twelve months after the reporting period; or (d) classifies as cash or cash equivalents (as defined in IAS 7) unless the asset is restricted from being exchanged or used to settle a liability for at least twelve months after the reporting period. [Refer: Assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B12_b_i&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 66<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentAssetsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentAssetsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current assets other than non-current assets or disposal groups classified as held for sale or as held for distribution to owners. [Refer: Current assets; Disposal groups classified as held for sale [member]; Non-current assets or disposal groups classified as held for sale; Non-current assets or disposal groups classified as held for distribution to owners]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 66<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentContractAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current contract assets. [Refer: Contract assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 15<br> -IssueDate 2021-01-01<br> -Paragraph 105<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=15&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_105&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentContractAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentDeferredIncomeIncludingCurrentContractLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current deferred income including current contract liabilities. [Refer: Deferred income including contract liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentDeferredIncomeIncludingCurrentContractLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentDividendPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current dividend payables. [Refer: Dividend payables]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentDividendPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentInvestments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current investments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentInvestments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentLeaseLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current lease liabilities. [Refer: Lease liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 47<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_47_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentLeaseLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Expiry date 2023-01-01: The amount of liabilities that: (a) the entity expects to settle in its normal operating cycle; (b) the entity holds primarily for the purpose of trading; (c) are due to be settled within twelve months after the reporting period; or (d) the entity does not have an unconditional right to defer settlement for at least twelve months after the reporting period.
Effective 2023-01-01: The amount of liabilities that: (a) the entity expects to settle in its normal operating cycle; (b) the entity holds primarily for the purpose of trading; (c) are due to be settled within twelve months after the reporting period; or (d) the entity does not have the right at the end of the reporting period to defer settlement for at least twelve months after the reporting period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B12_b_iii&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 69<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_69&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentLiabilitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentLiabilitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentLiabilitiesOtherThanLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current liabilities other than liabilities included in disposal groups classified as held for sale. [Refer: Current liabilities; Disposal groups classified as held for sale [member]; Liabilities included in disposal groups classified as held for sale]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 69<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_69&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentLiabilitiesOtherThanLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentNotesAndDebenturesIssuedAndCurrentPortionOfNoncurrentNotesAndDebenturesIssued">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current notes and debentures issued and the current portion of non-current notes and debentures issued. [Refer: Notes and debentures issued]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentNotesAndDebenturesIssuedAndCurrentPortionOfNoncurrentNotesAndDebenturesIssued</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current payables on social security and taxes other than incomes tax. [Refer: Payables on social security and taxes other than income tax]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentPrepaidExpenses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount recognised as a current asset for expenditures made prior to the period when the economic benefit will be realised.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentPrepaidExpenses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentProvisionsForEmployeeBenefits">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current provisions for employee benefits. [Refer: Provisions for employee benefits]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_d&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentProvisionsForEmployeeBenefits</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current receivables from taxes other than income tax. [Refer: Receivables from taxes other than income tax]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentTaxAssetsCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The current amount of current tax assets. [Refer: Current tax assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 54<br> -Subparagraph n<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_54_n&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentTaxAssetsCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentTaxAssetsNoncurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The non-current amount of current tax assets. [Refer: Current tax assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 54<br> -Subparagraph n<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_54_n&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentTaxAssetsNoncurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentTaxLiabilitiesCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The current amount of current tax liabilities. [Refer: Current tax liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 54<br> -Subparagraph n<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_54_n&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentTaxLiabilitiesCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentTradeReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current trade receivables. [Refer: Trade receivables]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 68<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_68&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentTradeReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DeferredTaxAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amounts of income taxes recoverable in future periods in respect of: (a) deductible temporary differences; (b) the carryforward of unused tax losses; and (c) the carryforward of unused tax credits. [Refer: Temporary differences [member]; Unused tax credits [member]; Unused tax losses [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph 81<br> -Subparagraph g<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_81_g_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 54<br> -Subparagraph o<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_54_o&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 56<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_56&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DeferredTaxAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DeferredTaxLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amounts of income taxes payable in future periods in respect of taxable temporary differences. [Refer: Temporary differences [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph 81<br> -Subparagraph g<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_81_g_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 54<br> -Subparagraph o<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_54_o&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 56<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_56&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DeferredTaxLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Equity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of residual interest in the assets of the entity after deducting all its liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 24<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_24_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_32_a_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2021-01-01<br> -Paragraph 93<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_93_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2021-01-01<br> -Paragraph 93<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_93_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2021-01-01<br> -Paragraph 93<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_93_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Equity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_EquityAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_EquityAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_EquityAndLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of the entity's equity and liabilities. [Refer: Equity; Liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_EquityAndLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_EquityAttributableToOwnersOfParent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of equity attributable to the owners of the parent. This specifically excludes non-controlling interest.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 54<br> -Subparagraph r<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_54_r&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_EquityAttributableToOwnersOfParent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IntangibleAssetsAndGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of intangible assets and goodwill held by the entity. [Refer: Goodwill; Intangible assets other than goodwill]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IntangibleAssetsAndGoodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Inventories">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current inventories. [Refer: Inventories]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 2<br> -IssueDate 2021-01-01<br> -Paragraph 36<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=2&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_36_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 54<br> -Subparagraph g<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_54_g&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 68<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_68&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Inventories</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InvestmentsInAssociatesAccountedForUsingEquityMethod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of investments in associates accounted for using the equity method. [Refer: Associates [member]; Investments accounted for using equity method]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InvestmentsInAssociatesAccountedForUsingEquityMethod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InvestmentsInJointVenturesAccountedForUsingEquityMethod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of investments in joint ventures accounted for using the equity method. [Refer: Joint ventures [member]; Investments accounted for using equity method]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InvestmentsInJointVenturesAccountedForUsingEquityMethod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IssuedCapital">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The nominal value of capital issued.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IssuedCapital</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities included in disposal groups classified as held for sale. [Refer: Liabilities; Disposal groups classified as held for sale [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2021-01-01<br> -Paragraph 38<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=5&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_38&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 54<br> -Subparagraph p<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_54_p&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LongtermDeposits">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of long-term deposits held by the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LongtermDeposits</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LongtermLegalProceedingsProvision">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current provision for legal proceedings. [Refer: Legal proceedings provision]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 37<br> -IssueDate 2021-01-01<br> -Section Example 10 A court case<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=37&amp;code=ifrs-tx-2021-en-r&amp;doctype=Illustrative%20Examples&amp;dita_xref=IAS37_IE_C_ex10__IAS37_IE_C_ex10_TI<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 37<br> -IssueDate 2021-01-01<br> -Paragraph 87<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=37&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_87&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LongtermLegalProceedingsProvision</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncontrollingInterests">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of equity in a subsidiary not attributable, directly or indirectly, to a parent. [Refer: Subsidiaries [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph 12<br> -Subparagraph f<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_12_f&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 54<br> -Subparagraph q<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_54_q&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 10<br> -IssueDate 2021-01-01<br> -Paragraph 22<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=10&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_22&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncontrollingInterests</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of assets that do not meet the definition of current assets. [Refer: Current assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 66<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B12_b_ii&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentAssetsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentAssetsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current assets or disposal groups classified as held for sale or as held for distribution to owners. [Refer: Non-current assets or disposal groups classified as held for distribution to owners; Non-current assets or disposal groups classified as held for sale]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 54<br> -Subparagraph j<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_54_j&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentContractAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current contract assets. [Refer: Contract assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 15<br> -IssueDate 2021-01-01<br> -Paragraph 105<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=15&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_105&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentContractAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current investments other than investments accounted for using the equity method. [Refer: Investments accounted for using equity method; Non-current assets; Investments other than investments accounted for using equity method]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentLeaseLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current lease liabilities. [Refer: Lease liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 47<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_47_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentLeaseLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities that do not meet the definition of current liabilities. [Refer: Current liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause iv<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B12_b_iv&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 69<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_69&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentLiabilitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentLiabilitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentPayablesToRelatedParties">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current payables due to related parties. [Refer: Related parties [member]; Payables to related parties]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentPayablesToRelatedParties</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentPortionOfNoncurrentNotesAndDebenturesIssued">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The non-current portion of non-current notes and debentures issued. [Refer: Notes and debentures issued]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentPortionOfNoncurrentNotesAndDebenturesIssued</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentPrepayments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current prepayments. [Refer: Prepayments]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentPrepayments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentProvisionsForEmployeeBenefits">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current provisions for employee benefits. [Refer: Provisions for employee benefits]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_d&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentProvisionsForEmployeeBenefits</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current receivables from taxes other than income tax. [Refer: Receivables from taxes other than income tax]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentTradeReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current trade receivables. [Refer: Trade receivables]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentTradeReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherCurrentPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current payables that the entity does not separately disclose in the same statement or note.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherCurrentPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherNoncurrentFinancialAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current financial assets that the entity does not separately disclose in the same statement or note. [Refer: Other financial assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 54<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_54_d&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherNoncurrentFinancialAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherNoncurrentPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current payables that the entity does not separately disclose in the same statement or note.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherNoncurrentPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherNoncurrentReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current other receivables. [Refer: Other receivables]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherNoncurrentReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherReserves">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>A component of equity representing reserves within equity, not including retained earnings. [Refer: Retained earnings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherReserves</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of tangible assets that: (a) are held for use in the production or supply of goods or services, for rental to others, or for administrative purposes; and (b) are expected to be used during more than one period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 73<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_73_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 54<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_54_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ReserveOfDiscretionaryParticipationFeatures">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>A component of equity resulting from discretionary participation features. Discretionary participation features are contractual rights to receive, as a supplement to guaranteed benefits, additional benefits: (a) that are likely to be a significant portion of the total contractual benefits; (b) whose amount or timing is contractually at the discretion of the issuer; and (c) that are contractually based on: (i) the performance of a specified pool of contracts or a specified type of contract; (ii) realised and/or unrealised investment returns on a specified pool of assets held by the issuer; or (iii) the profit or loss of the company, fund or other entity that issues the contract.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2023-01-01<br> -Name IFRS<br> -Number 4<br> -IssueDate 2021-01-01<br> -Paragraph IG22<br> -Subparagraph f<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=4&amp;code=ifrs-tx-2021-en-b&amp;anchor=para_IG22_f&amp;doctype=Implementation%20Guidance&amp;book=b<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2023-01-01<br> -Name IFRS<br> -Number 4<br> -IssueDate 2021-01-01<br> -Paragraph 34<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=4&amp;code=ifrs-tx-2021-en-b&amp;anchor=para_34_b&amp;doctype=Standard&amp;book=b<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2023-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-b&amp;anchor=para_78_e&amp;doctype=Standard&amp;book=b<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ReserveOfDiscretionaryParticipationFeatures</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RightofuseAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of assets that represent a lessee's right to use an underlying asset for the lease term. Underlying asset is an asset that is the subject of a lease, for which the right to use that asset has been provided by a lessor to a lessee.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 53<br> -Subparagraph j<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_53_j&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RightofuseAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ShorttermEmployeeBenefitsAccruals">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of accruals for employee benefits (other than termination benefits) that are expected to be settled wholly within twelve months after the end of the annual reporting period in which the employees render the related services. [Refer: Accruals classified as current]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ShorttermEmployeeBenefitsAccruals</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ShorttermLegalProceedingsProvision">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current provision for legal proceedings. [Refer: Legal proceedings provision]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 37<br> -IssueDate 2021-01-01<br> -Section Example 10 A court case<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=37&amp;code=ifrs-tx-2021-en-r&amp;doctype=Illustrative%20Examples&amp;dita_xref=IAS37_IE_C_ex10__IAS37_IE_C_ex10_TI<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 37<br> -IssueDate 2021-01-01<br> -Paragraph 87<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=37&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_87&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ShorttermLegalProceedingsProvision</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The current amount of payment due to suppliers for goods and services used in entity's business. [Refer: Current liabilities; Trade payables]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 70<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_70&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TradeAndOtherCurrentReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current trade receivables and current other receivables. [Refer: Current trade receivables; Other current receivables]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 54<br> -Subparagraph h<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_54_h&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TradeAndOtherCurrentReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TradeAndOtherReceivablesDueFromRelatedParties">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of receivables due from related parties. [Refer: Related parties [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TradeAndOtherReceivablesDueFromRelatedParties</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TreasuryShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>An entity&#8217;s own equity instruments, held by the entity or other members of the consolidated group.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 32<br> -IssueDate 2021-01-01<br> -Paragraph 34<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=32&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_34&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TreasuryShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AdditionalDividendsMinimumMandatoryDividends">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The Additional dividends to the minimum mandatory amount recognised as distributions to owners during the period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AdditionalDividendsMinimumMandatoryDividends</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_CurrentProvisionAssetRetirementObligation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Provision for legal obligations associated with the retirement of long-lived assets that result from the acquisition, construction, development and/or the normal operation of such assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_CurrentProvisionAssetRetirementObligation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_CurrentResellerFinancing">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current reseller financing.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_CurrentResellerFinancing</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DividendsReceivableCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount recognized when the shareholder's right to receive payment is established.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DividendsReceivableCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_EquityInstrumentsGranted">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>A component of equity representing equity instrument granted.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_EquityInstrumentsGranted</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_IndemnificationAssetBusinessCombination">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current indemnification asset arising from business combination.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_IndemnificationAssetBusinessCombination</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_InvestmentAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Investment [abstract]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_InvestmentAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_LoansFinancingAndHedgingInstrumentsCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current loans, financing and hedge derivative financial instruments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_LoansFinancingAndHedgingInstrumentsCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_LoansFinancingAndHedgingInstrumentsNonCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current loans, financing and hedge derivative financial instruments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_LoansFinancingAndHedgingInstrumentsNonCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_NonCurrentIndemnificationForSubscriptionWarrants">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current indemnification for subscription warrants.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_NonCurrentIndemnificationForSubscriptionWarrants</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_NonCurrentInvestments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The aggregate amount of non-current investments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_NonCurrentInvestments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_NonCurrentProvisionForAssetRetirementObligation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current provision for asset retirement obligation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_NonCurrentProvisionForAssetRetirementObligation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_NonCurrentProvisionForShortTermLiabilitiesOfJointVenture">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current provision for short-term liabilities of joint venture.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_NonCurrentProvisionForShortTermLiabilitiesOfJointVenture</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_NonCurrentResellerFinancing">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current reseller financing.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_NonCurrentResellerFinancing</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ShareholdersEquityAttributableToAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Shareholders Equity Attributable to [abstract]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ShareholdersEquityAttributableToAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_TradeCurrentPayablesReverseFactoring">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Trade current payables- reverse factoring.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_TradeCurrentPayablesReverseFactoring</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>32
<FILENAME>R3.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
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<head>
<title></title>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147276608360">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Consolidated Statements of Profit or Loss - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="5">12 Months Ended</th>
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<tr>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th" colspan="2"><div>Dec. 31, 2020</div></th>
<th class="th" colspan="2"><div>Dec. 31, 2019</div></th>
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<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncomeStatementAbstract', window );"><strong>Profit or loss [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenue from sales and services</a></td>
<td class="nump">R$ 109,732,842<span></span>
</td>
<td class="nump">R$ 74,058,056<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">R$ 83,004,729<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Cost of products and services sold</a></td>
<td class="num">(104,827,966)<span></span>
</td>
<td class="num">(70,056,447)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(78,208,786)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="nump">4,904,876<span></span>
</td>
<td class="nump">4,001,609<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">4,795,943<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeExpensesAbstract', window );"><strong>Operating income (expenses)</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SalesAndMarketingExpense', window );">Selling and marketing</a></td>
<td class="num">(1,934,789)<span></span>
</td>
<td class="num">(1,595,871)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,631,760)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables', window );">Reversion (loss) allowance for expected credit losses</a></td>
<td class="nump">3,123<span></span>
</td>
<td class="num">(15,281)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(35,225)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">General and administrative</a></td>
<td class="num">(1,466,551)<span></span>
</td>
<td class="num">(993,986)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,219,450)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnDisposalsOfNoncurrentAssets', window );">Gain (loss) on disposal of property, plant and equipment and intangibles</a></td>
<td class="nump">184,189<span></span>
</td>
<td class="nump">85,455<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,700<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherIncome', window );">Other operating income</a></td>
<td class="nump">445,836<span></span>
</td>
<td class="nump">321,385<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">356,235<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherExpenseByFunction', window );">Other operating expenses</a></td>
<td class="num">(349,670)<span></span>
</td>
<td class="num">(257,351)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(216,206)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates', window );">Operating income (loss) before finance income (expenses) and share of profit (loss) of joint ventures and associates</a></td>
<td class="nump">1,787,014<span></span>
</td>
<td class="nump">1,545,960<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,051,237<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of profit (loss) of joint ventures and associates</a></td>
<td class="num">(17,634)<span></span>
</td>
<td class="num">(44,031)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(12,709)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes', window );">Operating income before finance income (expenses) and income and social contribution taxes</a></td>
<td class="nump">1,769,380<span></span>
</td>
<td class="nump">1,501,929<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,038,528<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinanceIncome', window );">Finance income</a></td>
<td class="nump">460,154<span></span>
</td>
<td class="nump">357,666<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">344,282<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinanceCosts', window );">Finance expenses</a></td>
<td class="num">(1,222,886)<span></span>
</td>
<td class="num">(908,014)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(1,017,633)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinanceIncomeCost', window );">Financial result, net</a></td>
<td class="num">(762,732)<span></span>
</td>
<td class="num">(550,348)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(673,351)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossBeforeTax', window );">Profit before income and social contribution taxes</a></td>
<td class="nump">1,006,648<span></span>
</td>
<td class="nump">951,581<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,365,177<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MajorComponentsOfTaxExpenseIncomeAbstract', window );"><strong>Income and social contribution taxes</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentTaxExpenseIncome', window );">Current</a></td>
<td class="num">(430,280)<span></span>
</td>
<td class="num">(538,761)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(467,343)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxExpenseIncome', window );">Deferred</a></td>
<td class="nump">242,246<span></span>
</td>
<td class="nump">234,244<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(2,633)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncomeTaxExpenseContinuingOperations', window );">Income and social contribution taxes, total</a></td>
<td class="num">(188,034)<span></span>
</td>
<td class="num">(304,517)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(469,976)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromContinuingOperations', window );">Profit from continuing operations</a></td>
<td class="nump">818,614<span></span>
</td>
<td class="nump">647,064<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">895,201<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DiscontinuedOperationsAbstract', window );"><strong>Discontinued operations</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromDiscontinuedOperations', window );">Profit (loss) from discontinued operations</a></td>
<td class="nump">65,264<span></span>
</td>
<td class="nump">280,633<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(492,257)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Profit for the year</a></td>
<td class="nump">883,878<span></span>
</td>
<td class="nump">927,697<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">402,944<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossAttributableToAbstract', window );"><strong>Income attributable to:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossAttributableToOwnersOfParent', window );">Shareholders of the Ultrapar</a></td>
<td class="nump">850,463<span></span>
</td>
<td class="nump">893,383<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">373,526<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossAttributableToNoncontrollingInterests', window );">Non-controlling interests in subsidiaries</a></td>
<td class="nump">R$ 33,415<span></span>
</td>
<td class="nump">R$ 34,314<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 29,418<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_EarningsLossPerShareFromContinuingOperationsAbstract', window );"><strong>Earnings per share from continuing operations (based on weighted average number of shares outstanding) &#8211; R$</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BasicEarningsLossPerShareFromContinuingOperations', window );">Basic</a></td>
<td class="nump">R$ 0.72<span></span>
</td>
<td class="nump">R$ 0.5625<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">R$ 0.7969<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DilutedEarningsLossPerShareFromContinuingOperations', window );">Diluted</a></td>
<td class="nump">0.7158<span></span>
</td>
<td class="nump">0.5592<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">0.7922<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_EarningsLossPerShareFromDiscontinuedOperationsAbstract', window );"><strong>Earnings per share from discontinued operations (based on weighted average number of shares outstanding) &#8211; R$</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BasicEarningsLossPerShareFromDiscontinuedOperations', window );">Basic</a></td>
<td class="nump">0.0598<span></span>
</td>
<td class="nump">0.2576<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3],[4]</sup></td>
<td class="num">(0.4531)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3],[4]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DilutedEarningsLossPerShareFromDiscontinuedOperations', window );">Diluted</a></td>
<td class="nump">0.0595<span></span>
</td>
<td class="nump">0.2561<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3],[4]</sup></td>
<td class="num">(0.4504)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3],[4]</sup></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_EarningsLossPerShareAbstract', window );"><strong>Total earnings per share (based on weighted average number of shares outstanding) &#8211; R$</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BasicEarningsLossPerShare', window );">Basic</a></td>
<td class="nump">0.7799<span></span>
</td>
<td class="nump">0.8201<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">0.3438<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DilutedEarningsLossPerShare', window );">Diluted</a></td>
<td class="nump">R$ 0.7753<span></span>
</td>
<td class="nump">R$ 0.8152<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">R$ 0.3418<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
</tr>
<tr><td colspan="6"></td></tr>
<tr><td colspan="6"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">For further information see Note <span style="border-left: none; border-right: none;">3</span>.c.<span style="border-left: none; border-right: none;">3</span>.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top"><span style="font-family: 'Times New Roman';">For further details, see Note 3.c.3.</span></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[3]</td>
<td style="vertical-align: top;" valign="top"><span style="font-family: 'Times New Roman';">For further details, s</span><span style="font-family: 'Times New Roman';">ee</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: TimesNewRoman;">N</span><span style="font-family: TimesNewRoman;">ot</span><span style="font-family: TimesNewRoman;">e</span><span style="font-family: TimesNewRoman;"> <span style="border-left: none; border-right: none;">3</span>.c.<span style="border-left: none; border-right: none;">3</span></span><span style="font-family: TimesNewRoman;">.</span></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[4]</td>
<td style="vertical-align: top;" valign="top"><span style="font-family: 'Times New Roman';">For further details, s</span><span style="font-family: 'Times New Roman';">ee</span><span style="font-family: TimesNewRoman;"> </span><span style="font-family: TimesNewRoman;">N</span><span style="font-family: TimesNewRoman;">ot</span><span style="font-family: TimesNewRoman;">e</span><span style="font-family: TimesNewRoman;"> <span style="border-left: none; border-right: none;">3</span>.c.<span style="border-left: none; border-right: none;">2</span></span><span style="font-family: TimesNewRoman;">.</span></td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BasicEarningsLossPerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of profit (loss) attributable to ordinary equity holders of the parent entity (the numerator) divided by the weighted average number of ordinary shares outstanding during the period (the denominator).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2021-01-01<br> -Paragraph 66<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2021-01-01<br> -Paragraph 67<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_67&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BasicEarningsLossPerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BasicEarningsLossPerShareFromContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Basic earnings (loss) per share from continuing operations. [Refer: Basic earnings (loss) per share; Continuing operations [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2021-01-01<br> -Paragraph 66<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2021-01-01<br> -Paragraph 67<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_67&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BasicEarningsLossPerShareFromContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BasicEarningsLossPerShareFromDiscontinuedOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Basic earnings (loss) per share from discontinued operations. [Refer: Basic earnings (loss) per share; Discontinued operations [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2021-01-01<br> -Paragraph 68<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_68&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2021-01-01<br> -Paragraph 67<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_67&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BasicEarningsLossPerShareFromDiscontinuedOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CostOfSales">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of all expenses directly or indirectly attributed to the goods or services sold. Attributed expenses include, but are not limited to, costs previously included in the measurement of inventory that has now been sold, such as depreciation and maintenance of factory buildings and equipment used in the production process, unallocated production overheads, and abnormal amounts of production costs of inventories.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 99<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_99&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CostOfSales</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentTaxExpenseIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of income taxes payable (recoverable) in respect of the taxable profit (tax loss) for a period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph 80<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_80_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentTaxExpenseIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DeferredTaxExpenseIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of tax expense (income) relating to changes in deferred tax liabilities and deferred tax assets. [Refer: Deferred tax assets; Deferred tax liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph 81<br> -Subparagraph g<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_81_g_ii&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DeferredTaxExpenseIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DilutedEarningsLossPerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of profit (loss) attributable to ordinary equity holders of the parent entity (the numerator), divided by the weighted average number of ordinary shares outstanding during the period (the denominator), both adjusted for the effects of all dilutive potential ordinary shares. [Refer: Ordinary shares [member]; Weighted average [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2021-01-01<br> -Paragraph 66<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2021-01-01<br> -Paragraph 67<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_67&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DilutedEarningsLossPerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DilutedEarningsLossPerShareFromContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Diluted earnings (loss) per share from continuing operations. [Refer: Continuing operations [member]; Diluted earnings (loss) per share]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2021-01-01<br> -Paragraph 66<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2021-01-01<br> -Paragraph 67<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_67&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DilutedEarningsLossPerShareFromContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DilutedEarningsLossPerShareFromDiscontinuedOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Diluted earnings (loss) per share from discontinued operations. [Refer: Diluted earnings (loss) per share; Discontinued operations [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2021-01-01<br> -Paragraph 68<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_68&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2021-01-01<br> -Paragraph 67<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_67&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DilutedEarningsLossPerShareFromDiscontinuedOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinanceCosts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of costs associated with financing activities of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 82<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_82_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinanceCosts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinanceIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of income associated with interest and other financing activities of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinanceIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinanceIncomeCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of income or cost associated with interest and other financing activities of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinanceIncomeCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GainsLossesOnDisposalsOfNoncurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The gains (losses) on disposals of non-current assets. [Refer: Non-current assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GainsLossesOnDisposalsOfNoncurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeneralAndAdministrativeExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expense relating to general and administrative activities of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeneralAndAdministrativeExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GrossProfit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of revenue less cost of sales. [Refer: Cost of sales; Revenue]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GrossProfit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of impairment loss or reversal of impairment loss recognised in profit or loss for trade receivables. [Refer: Impairment loss recognised in profit or loss; Reversal of impairment loss recognised in profit or loss; Trade receivables]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncomeStatementAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncomeStatementAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncomeTaxExpenseContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The aggregate amount included in the determination of profit (loss) for the period in respect of current tax and deferred tax. [Refer: Current tax expense (income); Deferred tax expense (income)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 26<br> -IssueDate 2021-01-01<br> -Paragraph 35<br> -Subparagraph b<br> -Clause viii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=26&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_35_b_viii&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 23<br> -Subparagraph h<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_23_h&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph 79<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_79&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph 81<br> -Subparagraph c<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_81_c_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 82<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_82_d&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph 81<br> -Subparagraph c<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_81_c_ii&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B13<br> -Subparagraph g<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B13_g&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncomeTaxExpenseContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MajorComponentsOfTaxExpenseIncomeAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MajorComponentsOfTaxExpenseIncomeAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherExpenseByFunction">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expenses that the entity does not separately disclose in the same statement or note when the entity uses the 'function of expense' form for its analysis of expenses.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 26<br> -IssueDate 2021-01-01<br> -Paragraph 35<br> -Subparagraph b<br> -Clause vii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=26&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_35_b_vii&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 99<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_99&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherExpenseByFunction</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of operating income that the entity does not separately disclose in the same statement or note.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 26<br> -IssueDate 2021-01-01<br> -Paragraph 35<br> -Subparagraph b<br> -Clause iv<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=26&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_35_b_iv&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 102<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 18<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_18_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_32_a_ii&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 28<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective on first application of IFRS 9<br> -Name IFRS<br> -Number 4<br> -IssueDate 2021-01-01<br> -Paragraph 39L<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=4&amp;code=ifrs-tx-2021-en-b&amp;anchor=para_39L_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 7: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective 2023-01-01<br> -Name IFRS<br> -Number 17<br> -IssueDate 2021-01-01<br> -Paragraph 113<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=17&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_113_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 8: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_106_d_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 81A<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_81A_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossAttributableToAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossAttributableToAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossAttributableToNoncontrollingInterests">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) from continuing and discontinued operations attributable to non-controlling interests. [Refer: Profit (loss); Non-controlling interests]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph 12<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_12_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 81B<br> -Subparagraph a<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_81B_a_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossAttributableToNoncontrollingInterests</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossAttributableToOwnersOfParent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) from continuing and discontinued operations attributable to owners of the parent. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 81B<br> -Subparagraph a<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_81B_a_ii&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossAttributableToOwnersOfParent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossBeforeTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) before tax expense or income. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 28<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 102<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2021-01-01<br> -Paragraph 33<br> -Subparagraph b<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=5&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_33_b_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossBeforeTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossFromContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) from continuing operations. [Refer: Continuing operations [member]; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 28<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause vi<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B12_b_vi&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 81A<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_81A_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossFromContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossFromDiscontinuedOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) from discontinued operations. [Refer: Discontinued operations [member]; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2021-01-01<br> -Paragraph 33<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=5&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_33_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause vii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B12_b_vii&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 82<br> -Subparagraph ea<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_82_ea&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 98<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_98_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossFromDiscontinuedOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Revenue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The income arising in the course of an entity's ordinary activities. Income is increases in assets, or decreases in liabilities, that result in increases in equity, other than those relating to contributions from holders of equity claims.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 28<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_28_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 23<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_23_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 32<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_32&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 33<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_33_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 34<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_34&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 82<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_82_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 7: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 8: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 102<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2021-01-01<br> -Paragraph 33<br> -Subparagraph b<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=5&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_33_b_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause v<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B12_b_v&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 11: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Revenue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SalesAndMarketingExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expense relating to the marketing and selling of goods or services.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SalesAndMarketingExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entity's share of the profit (loss) of associates and joint ventures accounted for using the equity method. [Refer: Associates [member]; Investments accounted for using equity method; Joint ventures [member]; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 23<br> -Subparagraph g<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_23_g&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 28<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_28_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective on first application of IFRS 9<br> -Name IFRS<br> -Number 4<br> -IssueDate 2021-01-01<br> -Paragraph 39M<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=4&amp;code=ifrs-tx-2021-en-b&amp;anchor=para_39M_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 82<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_82_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DiscontinuedOperationsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DiscontinuedOperationsAbstract</td>
</tr>
<tr>
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<td>ugp_</td>
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<td>xbrli:stringItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_EarningsLossPerShareAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_EarningsLossPerShareAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_EarningsLossPerShareFromContinuingOperationsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_EarningsLossPerShareFromContinuingOperationsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_EarningsLossPerShareFromDiscontinuedOperationsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_EarningsLossPerShareFromDiscontinuedOperationsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Operating income before financial income (expenses) and income and social contribution taxes.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Total of Operating income before financial income or expenses and share of profit or loss of joint ventures and associate.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_OperatingIncomeExpensesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Operating Income Expenses [abstract]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_OperatingIncomeExpensesAbstract</td>
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<head>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147277091064">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Consolidated Statements of Comprehensive Income - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_StatementOfComprehensiveIncomeAbstract', window );"><strong>Statement of comprehensive income [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Net income for the year</a></td>
<td class="nump">R$ 883,878<span></span>
</td>
<td class="nump">R$ 927,697<span></span>
</td>
<td class="nump">R$ 402,944<span></span>
</td>
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<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract', window );"><strong>Items that will be subsequently reclassified to profit or loss:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OtherComprehensiveIncomeNetOfTaxFairValueAdjustmentsOfFinancialInstrumentsAttributableToSubsidiaries', window );">Fair value adjustments of financial instruments of subsidiaries, net of taxes</a></td>
<td class="nump">7,175<span></span>
</td>
<td class="num">(313,271)<span></span>
</td>
<td class="num">(51,319)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OtherComprehensiveIncomeNetOfTaxFairValueAdjustmentsOfFinancialInstrumentsAttributableToJointVentures', window );">Fair value adjustments of financial instruments of joint ventures, net of taxes</a></td>
<td class="nump">99<span></span>
</td>
<td class="nump">190<span></span>
</td>
<td class="num">(978)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax', window );">Cumulative translation adjustments and hedge of net investments in foreign operations, net of taxes</a></td>
<td class="nump">73,049<span></span>
</td>
<td class="nump">129,169<span></span>
</td>
<td class="nump">36,570<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract', window );"><strong>Items that will not be subsequently reclassified to profit or loss:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OtherComprehensiveIncomeNetOfTaxActuarialGainLossesOfPostEmploymentBenefitsAttributableToSubsidiaries', window );">Actuarial gain (losses) of post-employment benefits of subsidiaries, net of taxes</a></td>
<td class="nump">40,887<span></span>
</td>
<td class="num">(17,762)<span></span>
</td>
<td class="num">(29,996)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OtherComprehensiveIncomeNetOfTaxActuarialGainLossesOfPostEmploymentBenefitsAttributableToJointVentures', window );">Actuarial gain of post-employment benefits of joint ventures, net of taxes</a></td>
<td class="nump">5,723<span></span>
</td>
<td class="nump">875<span></span>
</td>
<td class="num">(6,791)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncome', window );">Total comprehensive income for the year</a></td>
<td class="nump">1,010,811<span></span>
</td>
<td class="nump">726,898<span></span>
</td>
<td class="nump">350,430<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent', window );">Total comprehensive income for the year attributable to shareholders of the Ultrapar</a></td>
<td class="nump">966,364<span></span>
</td>
<td class="nump">703,879<span></span>
</td>
<td class="nump">327,768<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests', window );">Total comprehensive income for the year attributable to non-controlling interest in subsidiaries</a></td>
<td class="nump">R$ 44,447<span></span>
</td>
<td class="nump">R$ 23,019<span></span>
</td>
<td class="nump">R$ 22,662<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComprehensiveIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of change in equity resulting from transactions and other events, other than those changes resulting from transactions with owners in their capacity as owners.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_32_a_ii&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause ix<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B12_b_ix&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 106<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_106_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 81A<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_81A_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComprehensiveIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of comprehensive income attributable to non-controlling interests. [Refer: Comprehensive income; Non-controlling interests]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 106<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_106_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 81B<br> -Subparagraph b<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_81B_b_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of comprehensive income attributable to owners of the parent. [Refer: Comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 106<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_106_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 81B<br> -Subparagraph b<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_81B_b_ii&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The gains (losses) recognised in other comprehensive income on exchange differences on the translation of financial statements of foreign operations, net of tax, before reclassification adjustments. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 91<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_91_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 18<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_18_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_32_a_ii&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 28<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective on first application of IFRS 9<br> -Name IFRS<br> -Number 4<br> -IssueDate 2021-01-01<br> -Paragraph 39L<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=4&amp;code=ifrs-tx-2021-en-b&amp;anchor=para_39L_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 7: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective 2023-01-01<br> -Name IFRS<br> -Number 17<br> -IssueDate 2021-01-01<br> -Paragraph 113<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=17&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_113_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 8: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_106_d_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 81A<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_81A_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_StatementOfComprehensiveIncomeAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_StatementOfComprehensiveIncomeAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_OtherComprehensiveIncomeNetOfTaxActuarialGainLossesOfPostEmploymentBenefitsAttributableToJointVentures">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of other comprehensive income, net of tax, related to actuarial gain (losses) of post-employment benefits of joint ventures.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_OtherComprehensiveIncomeNetOfTaxActuarialGainLossesOfPostEmploymentBenefitsAttributableToJointVentures</td>
</tr>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
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</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_OtherComprehensiveIncomeNetOfTaxActuarialGainLossesOfPostEmploymentBenefitsAttributableToSubsidiaries">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of other comprehensive income, net of tax, related to actuarial gain (losses) of post-employment benefits of subsidiaries.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_OtherComprehensiveIncomeNetOfTaxActuarialGainLossesOfPostEmploymentBenefitsAttributableToSubsidiaries</td>
</tr>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_OtherComprehensiveIncomeNetOfTaxFairValueAdjustmentsOfFinancialInstrumentsAttributableToJointVentures">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of other comprehensive income, net of tax, related to fair value adjustments of financial instruments of joint ventures.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_OtherComprehensiveIncomeNetOfTaxFairValueAdjustmentsOfFinancialInstrumentsAttributableToJointVentures</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_OtherComprehensiveIncomeNetOfTaxFairValueAdjustmentsOfFinancialInstrumentsAttributableToSubsidiaries">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of other comprehensive income, net of tax, related to fair value adjustments of financial instruments of subsidiaries.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_OtherComprehensiveIncomeNetOfTaxFairValueAdjustmentsOfFinancialInstrumentsAttributableToSubsidiaries</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>debit</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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</div></td></tr>
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</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>34
<FILENAME>R5.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147273053048">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Consolidated Statements of Changes in Equity - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Total</div></th>
<th class="th"><div>Share capital</div></th>
<th class="th"><div>Equity instrument granted</div></th>
<th class="th"><div>Capital reserve</div></th>
<th class="th"><div>Treasury shares</div></th>
<th class="th"><div>Revaluation reserve on subsidiaries</div></th>
<th class="th"><div>Legal Reserves</div></th>
<th class="th"><div>Investments statutory reserve</div></th>
<th class="th"><div>Valuation Adjustments</div></th>
<th class="th"><div>Cumulative translation adjustments</div></th>
<th class="th"><div>Retained earnings</div></th>
<th class="th"><div>Additional dividends to the minimum mandatory dividends</div></th>
<th class="th"><div>Shareholders of the Company</div></th>
<th class="th"><div>Non-controlling interests in subsidiaries</div></th>
</tr>
<tr class="rc">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Beginning balance at Dec. 31, 2018</a></td>
<td class="nump">R$ 9,800,029<span></span>
</td>
<td class="nump">R$ 5,171,752<span></span>
</td>
<td class="nump">R$ 4,309<span></span>
</td>
<td class="nump">R$ 542,400<span></span>
</td>
<td class="num">R$ (485,383)<span></span>
</td>
<td class="nump">R$ 4,712<span></span>
</td>
<td class="nump">R$ 686,665<span></span>
</td>
<td class="nump">R$ 3,412,427<span></span>
</td>
<td class="num">R$ (63,989)<span></span>
</td>
<td class="nump">R$ 65,857<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">R$ 109,355<span></span>
</td>
<td class="nump">R$ 9,448,105<span></span>
</td>
<td class="nump">R$ 351,924<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Net income for the year</a></td>
<td class="nump">402,944<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">373,526<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">373,526<span></span>
</td>
<td class="nump">29,418<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeAbstract', window );"><strong>Other comprehensive income:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome', window );">Fair value adjustments of available for financial instruments, net of income taxes</a></td>
<td class="num">(52,297)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(52,318)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(52,318)<span></span>
</td>
<td class="nump">21<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans', window );">Actuarial gain (loss) of post-employment benefits, net of income taxes</a></td>
<td class="num">(36,787)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(30,010)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(30,010)<span></span>
</td>
<td class="num">(6,777)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax', window );">Currency translation of foreign subsidiaries and the effect of net investments hedge, net of income taxes</a></td>
<td class="nump">36,570<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">36,570<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">36,570<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncome', window );">Total comprehensive income for the year</a></td>
<td class="nump">350,430<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(82,328)<span></span>
</td>
<td class="nump">36,570<span></span>
</td>
<td class="nump">373,526<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">327,768<span></span>
</td>
<td class="nump">22,662<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughChangeInEquityOfSubsidiaries', window );">Equity instrument granted of subsidiaries</a></td>
<td class="nump">7,661<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">7,661<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">7,661<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughShareholderTransactionGainInReimbursementOfSharesEquity', window );">Shareholder transaction - gain in reimbursement of shares pref. B from&#160;Oxiteno&#160;Nordeste</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">1,489<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">1,489<span></span>
</td>
<td class="num">(1,489)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughRealizationOfRevaluationReserveOfSubsidiariesEquity', window );">Realization of revaluation reserve of subsidiaries</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(190)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">190<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughIncomeAndSocialContributionTaxesOnRealizationOfRevaluationReserveOfSubsidiariesEquity', window );">Income and social contribution taxes on realization of revaluation reserve of subsidiaries</a></td>
<td class="num">(31)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(31)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(31)<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransferToStatutoryReserve', window );">Transfer to statutory reserve</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">1,648<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(1,648)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsRecognisedAsDistributionsToNoncontrollingInterests', window );">Dividends attributable to non-controlling interests</a></td>
<td class="num">(993)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(993)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughDisposalOfSubsidiary', window );">Redemption of non-controlling shares of Oxiteno Nordeste</a></td>
<td class="num">(2,180)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(2,180)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughCapitalIncreaseFromSubsidiaryNoncontrollingShareholders', window );">Capital increase from Iconic non-controlling shareholders</a></td>
<td class="nump">6,996<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">6,996<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsRecognisedAsDistributionsToOwnersOfParent', window );">Approval of additional dividends by the Shareholders' Meeting</a></td>
<td class="num">(109,355)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(109,355)<span></span>
</td>
<td class="num">(109,355)<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AllocationOfNetIncomeAbstract', window );"><strong>Allocation of net income:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity', window );">Legal reserve</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">18,676<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(18,676)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ProposedDividends', window );">Proposed dividends (R$ 0.20 per share)</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(124,002)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(137,468)<span></span>
</td>
<td class="nump">261,470<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_InterimDividends', window );">Intermediary dividends</a></td>
<td class="num">(217,382)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(217,382)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(217,382)<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rc">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Ending balance at Dec. 31, 2019</a></td>
<td class="nump">9,835,175<span></span>
</td>
<td class="nump">5,171,752<span></span>
</td>
<td class="nump">11,970<span></span>
</td>
<td class="nump">542,400<span></span>
</td>
<td class="num">(485,383)<span></span>
</td>
<td class="nump">4,522<span></span>
</td>
<td class="nump">705,341<span></span>
</td>
<td class="nump">3,290,073<span></span>
</td>
<td class="num">(146,317)<span></span>
</td>
<td class="nump">102,427<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">261,470<span></span>
</td>
<td class="nump">9,458,255<span></span>
</td>
<td class="nump">376,920<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Net income for the year</a></td>
<td class="nump">927,697<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">893,383<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">893,383<span></span>
</td>
<td class="nump">34,314<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeAbstract', window );"><strong>Other comprehensive income:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome', window );">Fair value adjustments of available for financial instruments, net of income taxes</a></td>
<td class="num">(313,081)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(313,081)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(313,081)<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans', window );">Actuarial gain (loss) of post-employment benefits, net of income taxes</a></td>
<td class="num">(16,887)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(5,592)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(5,592)<span></span>
</td>
<td class="num">(11,295)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax', window );">Currency translation of foreign subsidiaries and the effect of net investments hedge, net of income taxes</a></td>
<td class="nump">129,169<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">129,169<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">129,169<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncome', window );">Total comprehensive income for the year</a></td>
<td class="nump">726,898<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(318,673)<span></span>
</td>
<td class="nump">129,169<span></span>
</td>
<td class="nump">893,383<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">703,879<span></span>
</td>
<td class="nump">23,019<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughAcquisitionOfSubsidiary', window );">Issuance of shares related to the subscription warrants - indemnification - Extrafarma acquisition</a></td>
<td class="nump">54,763<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">54,763<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">54,763<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughStockPlans', window );">Stock plan</a></td>
<td class="num">(6,799)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(3,114)<span></span>
</td>
<td class="num">(3,685)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(6,799)<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughEquityInstrumentGranted', window );">Equity instrument granted</a></td>
<td class="nump">4,526<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">4,526<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">4,526<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughChangeInEquityOfSubsidiaries', window );">Equity instrument granted of subsidiaries</a></td>
<td class="nump">5,908<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">5,908<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">5,908<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughIncomeAndSocialContributionTaxesOnRealizationOfRevaluationReserveOfSubsidiariesEquity', window );">Income and social contribution taxes on realization of revaluation reserve of subsidiaries</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(185)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">185<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransferToStatutoryReserve', window );">Transfer to statutory reserve</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(774)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">774<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughShareholderTransactionChangesOfInvestments', window );">Shareholder transaction &#8211; changes of investments</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">42<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">42<span></span>
</td>
<td class="num">(42)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsRecognisedAsDistributionsToNoncontrollingInterests', window );">Dividends attributable to non-controlling interests</a></td>
<td class="num">(24,379)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(1,001)<span></span>
</td>
<td class="num">(23,378)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsRecognisedAsDistributionsToOwnersOfParent', window );">Approval of additional dividends by the Shareholders' Meeting</a></td>
<td class="num">(261,470)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(261,470)<span></span>
</td>
<td class="num">(261,470)<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AllocationOfNetIncomeAbstract', window );"><strong>Allocation of net income:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity', window );">Legal reserve</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">44,669<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(44,669)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve', window );">Investments statutory reserve</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">368,966<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(368,966)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ProposedDividends', window );">Proposed dividends (R$ 0.20 per share)</a></td>
<td class="num">(424,357)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(479,748)<span></span>
</td>
<td class="nump">55,391<span></span>
</td>
<td class="num">(424,357)<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rc">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Ending balance at Dec. 31, 2020</a></td>
<td class="nump">9,910,265<span></span>
</td>
<td class="nump">5,171,752<span></span>
</td>
<td class="nump">22,404<span></span>
</td>
<td class="nump">594,049<span></span>
</td>
<td class="num">(489,068)<span></span>
</td>
<td class="nump">4,337<span></span>
</td>
<td class="nump">750,010<span></span>
</td>
<td class="nump">3,658,265<span></span>
</td>
<td class="num">(464,990)<span></span>
</td>
<td class="nump">231,596<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">55,391<span></span>
</td>
<td class="nump">9,533,746<span></span>
</td>
<td class="nump">376,519<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Net income for the year</a></td>
<td class="nump">883,878<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">850,463<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">850,463<span></span>
</td>
<td class="nump">33,415<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeAbstract', window );"><strong>Other comprehensive income:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome', window );">Fair value adjustments of available for financial instruments, net of income taxes</a></td>
<td class="nump">7,274<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">7,304<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">7,304<span></span>
</td>
<td class="num">(30)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans', window );">Actuarial gain (loss) of post-employment benefits, net of income taxes</a></td>
<td class="nump">46,610<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">35,548<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">35,548<span></span>
</td>
<td class="nump">11,062<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax', window );">Currency translation of foreign subsidiaries and the effect of net investments hedge, net of income taxes</a></td>
<td class="nump">73,049<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">73,049<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">73,049<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncome', window );">Total comprehensive income for the year</a></td>
<td class="nump">1,010,811<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">42,852<span></span>
</td>
<td class="nump">73,049<span></span>
</td>
<td class="nump">850,463<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">966,364<span></span>
</td>
<td class="nump">44,447<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughAcquisitionOfSubsidiary', window );">Issuance of shares related to the subscription warrants - indemnification - Extrafarma acquisition</a></td>
<td class="nump">1,819<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">1,819<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">1,819<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughEquityInstrumentGranted', window );">Equity instrument granted</a></td>
<td class="nump">9,264<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">8,008<span></span>
</td>
<td class="nump">613<span></span>
</td>
<td class="nump">643<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">9,264<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughChangeInEquityOfSubsidiaries', window );">Equity instrument granted of subsidiaries</a></td>
<td class="nump">3,631<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">3,631<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">3,631<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughRealizationOfRevaluationReserveOfSubsidiariesEquity', window );">Realization of revaluation reserve of subsidiaries</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(183)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">183<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransferToStatutoryReserve', window );">Transfer to statutory reserve</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">11,641<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(11,641)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_UnclaimedDividendsForfeited', window );">Unclaimed dividends forfeited</a></td>
<td class="nump">11,816<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">10,487<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">10,487<span></span>
</td>
<td class="nump">1,329<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsRecognisedAsDistributionsToNoncontrollingInterests', window );">Dividends attributable to non-controlling interests</a></td>
<td class="num">(19,005)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">971<span></span>
</td>
<td class="num">(19,976)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsRecognisedAsDistributionsToOwnersOfParent', window );">Approval of additional dividends by the Shareholders' Meeting</a></td>
<td class="num">(55,391)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(55,391)<span></span>
</td>
<td class="num">(55,391)<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AllocationOfNetIncomeAbstract', window );"><strong>Allocation of net income:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity', window );">Legal reserve</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">42,523<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(42,523)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve', window );">Investments statutory reserve</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">403,970<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(403,970)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ProposedDividends', window );">Proposed dividends (R$ 0.20 per share)</a></td>
<td class="num">(185,896)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(185,896)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(185,896)<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_InterimDividends', window );">Intermediary dividends</a></td>
<td class="num">(218,074)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(218,074)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(218,074)<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rc">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Ending balance at Dec. 31, 2021</a></td>
<td class="nump">R$ 10,469,240<span></span>
</td>
<td class="nump">R$ 5,171,752<span></span>
</td>
<td class="nump">R$ 34,043<span></span>
</td>
<td class="nump">R$ 596,481<span></span>
</td>
<td class="num">R$ (488,425)<span></span>
</td>
<td class="nump">R$ 4,154<span></span>
</td>
<td class="nump">R$ 792,533<span></span>
</td>
<td class="nump">R$ 4,073,876<span></span>
</td>
<td class="num">R$ (422,138)<span></span>
</td>
<td class="nump">R$ 304,645<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">R$ 10,066,921<span></span>
</td>
<td class="nump">R$ 402,319<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComprehensiveIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of change in equity resulting from transactions and other events, other than those changes resulting from transactions with owners in their capacity as owners.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_32_a_ii&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause ix<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B12_b_ix&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 106<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_106_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 81A<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_81A_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComprehensiveIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DividendsRecognisedAsDistributionsToNoncontrollingInterests">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of dividends recognised as distributions to non-controlling interests. [Refer: Non-controlling interests]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_106_d&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DividendsRecognisedAsDistributionsToNoncontrollingInterests</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DividendsRecognisedAsDistributionsToOwnersOfParent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of dividends recognised as distributions to owners of the parent. [Refer: Parent [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_106_d&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DividendsRecognisedAsDistributionsToOwnersOfParent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Equity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of residual interest in the assets of the entity after deducting all its liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 24<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_24_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_32_a_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2021-01-01<br> -Paragraph 93<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_93_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2021-01-01<br> -Paragraph 93<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_93_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2021-01-01<br> -Paragraph 93<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_93_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Equity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The gains (losses) recognised in other comprehensive income on exchange differences on the translation of financial statements of foreign operations, net of tax, before reclassification adjustments. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 91<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_91_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughAcquisitionOfSubsidiary">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in equity resulting from the acquisition of subsidiaries. [Refer: Subsidiaries [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_106_d&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughAcquisitionOfSubsidiary</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
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</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughChangeInEquityOfSubsidiaries">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in the entity's equity resulting from the change in the equity of subsidiaries. [Refer: Subsidiaries [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_106_d&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughChangeInEquityOfSubsidiaries</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughDisposalOfSubsidiary">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in equity resulting from the disposal of subsidiaries. [Refer: Subsidiaries [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_106_d&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughDisposalOfSubsidiary</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughTransferToStatutoryReserve">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in equity resulting from transfers to a statutory reserve. [Refer: Statutory reserve]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_106_d&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughTransferToStatutoryReserve</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in equity resulting from changes that the entity does not separately disclose in the same statement or note. [Refer: Equity]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_106_d&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherComprehensiveIncomeAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherComprehensiveIncomeAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of other comprehensive income, net of tax, after reclassification adjustments, related to financial assets measured at fair value through other comprehensive income applying paragraph 4.1.2A of IFRS 9. [Refer: Financial assets measured at fair value through other comprehensive income; Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 7<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 91<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_91_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of other comprehensive income, net of tax, related to gains (losses) on remeasurements of defined benefit plans, which comprise actuarial gains and losses; the return on plan assets, excluding amounts included in net interest on the net defined benefit liability (asset); and any change in the effect of the asset ceiling, excluding amounts included in net interest on the net defined benefit liability (asset). [Refer: Other comprehensive income; Defined benefit plans [member]; Plan assets [member]; Net defined benefit liability (asset)] [Contrast: Decrease (increase) in net defined benefit liability (asset) resulting from gain (loss) on remeasurement in other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2021-01-01<br> -Paragraph 135<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_135_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 91<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_91_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 7<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 18<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_18_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_32_a_ii&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 28<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective on first application of IFRS 9<br> -Name IFRS<br> -Number 4<br> -IssueDate 2021-01-01<br> -Paragraph 39L<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=4&amp;code=ifrs-tx-2021-en-b&amp;anchor=para_39L_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 7: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective 2023-01-01<br> -Name IFRS<br> -Number 17<br> -IssueDate 2021-01-01<br> -Paragraph 113<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=17&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_113_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 8: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_106_d_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 81A<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_81A_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AllocationOfNetIncomeAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Allocation of net income [abstract]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AllocationOfNetIncomeAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in equity resulting from allocation of net income - Investments statutory reserve.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_IncreaseDecreaseThroughAllocationOfNetIncomeInvestmentsStatutoryReserve</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_IncreaseDecreaseThroughCapitalIncreaseFromSubsidiaryNoncontrollingShareholders">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in equity resulting from capital increase from subsidiary non-controlling shareholders.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_IncreaseDecreaseThroughCapitalIncreaseFromSubsidiaryNoncontrollingShareholders</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_IncreaseDecreaseThroughEquityInstrumentGranted">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in equity resulting from equity instrument granted.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_IncreaseDecreaseThroughEquityInstrumentGranted</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_IncreaseDecreaseThroughIncomeAndSocialContributionTaxesOnRealizationOfRevaluationReserveOfSubsidiariesEquity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in equity resulting from income and social contribution taxes on realization of revaluation reserve of subsidiaries.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_IncreaseDecreaseThroughIncomeAndSocialContributionTaxesOnRealizationOfRevaluationReserveOfSubsidiariesEquity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_IncreaseDecreaseThroughRealizationOfRevaluationReserveOfSubsidiariesEquity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in equity resulting from realization of revaluation reserve of subsidiaries.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_IncreaseDecreaseThroughRealizationOfRevaluationReserveOfSubsidiariesEquity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_IncreaseDecreaseThroughShareholderTransactionChangesOfInvestments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in equity resulting from changes of investments arising from shareholder transaction.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_IncreaseDecreaseThroughShareholderTransactionChangesOfInvestments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_IncreaseDecreaseThroughShareholderTransactionGainInReimbursementOfSharesEquity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in equity resulting from gain in reimbursement of non-controlling shares arising from shareholder transaction.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_IncreaseDecreaseThroughShareholderTransactionGainInReimbursementOfSharesEquity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_IncreaseDecreaseThroughStockPlans">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in equity resulting from stock plan.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_IncreaseDecreaseThroughStockPlans</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_InterimDividends">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of interim dividends recognised as distributions to owners.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_InterimDividends</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ProposedDividends">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of proposed dividends recognised as distributions to owners.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ProposedDividends</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_UnclaimedDividendsForfeited">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of unclaimed dividends forfeited during the reporting period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_UnclaimedDividendsForfeited</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>35
<FILENAME>R6.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147283350344">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Consolidated Statements of Changes in Equity (Parenthetical) - R$ / shares<br></strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_StatementOfChangesInEquityAbstract', window );"><strong>Statement of changes in equity [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ProposedDividendsPerShare', window );">Proposed dividends, per share</a></td>
<td class="nump">R$ 0.17<span></span>
</td>
<td class="nump">R$ 0.44<span></span>
</td>
<td class="nump">R$ 0.24<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_InterimDividendsPerShare', window );">Intermediary dividends, paid per share</a></td>
<td class="nump">R$ 0.2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 0.2<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_StatementOfChangesInEquityAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_StatementOfChangesInEquityAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_InterimDividendsPerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount, per share, of interim dividends recognised as distributions to owners.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_InterimDividendsPerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ProposedDividendsPerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount, per share, of proposed dividends recognised as distributions to owners.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ProposedDividendsPerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>36
<FILENAME>R7.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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</head>
<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147276074408">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Consolidated Statements of Cash Flows-Indirect Method - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract', window );"><strong>Cash flows from operating activities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromContinuingOperations', window );">Net income from continuing operations</a></td>
<td class="nump">R$ 818,614<span></span>
</td>
<td class="nump">R$ 647,064<span></span>
</td>
<td class="nump">R$ 895,201<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForReconcileProfitLossAbstract', window );"><strong>Adjustments to reconcile net income to cash provided by operating activities from continuing operations</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod', window );">Share of loss (profit) of joint ventures and associates</a></td>
<td class="nump">17,634<span></span>
</td>
<td class="nump">44,031<span></span>
</td>
<td class="nump">12,708<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers', window );">Amortization of contractual assets with customers &#8211; exclusive rights</a></td>
<td class="nump">282,521<span></span>
</td>
<td class="nump">289,436<span></span>
</td>
<td class="nump">355,250<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdjustmentsForAmortizationOfRightOfUseAssets', window );">Amortization of right-of-use assets</a></td>
<td class="nump">260,716<span></span>
</td>
<td class="nump">242,670<span></span>
</td>
<td class="nump">216,609<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense', window );">Depreciation and amortization</a></td>
<td class="nump">653,118<span></span>
</td>
<td class="nump">595,531<span></span>
</td>
<td class="nump">551,768<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdjustmentsForCreditsOnDepreciation', window );">PIS and COFINS credits on depreciation</a></td>
<td class="nump">7,081<span></span>
</td>
<td class="nump">6,062<span></span>
</td>
<td class="nump">4,891<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains', window );">Interest and foreign exchange rate variations</a></td>
<td class="nump">1,133,882<span></span>
</td>
<td class="nump">533,926<span></span>
</td>
<td class="nump">1,043,899<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForDeferredTaxExpense', window );">Deferred income and social contribution taxes</a></td>
<td class="num">(242,246)<span></span>
</td>
<td class="num">(234,244)<span></span>
</td>
<td class="nump">2,633<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdjustmentsForCurrentTaxExpense', window );">Current income and social contribution taxes</a></td>
<td class="nump">430,280<span></span>
</td>
<td class="nump">538,761<span></span>
</td>
<td class="nump">467,345<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets', window );">Loss on disposal of property, plant, and equipment and intangibles</a></td>
<td class="num">(184,189)<span></span>
</td>
<td class="num">(85,455)<span></span>
</td>
<td class="num">(1,700)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeAndOtherReceivables', window );">Reversion (loss) allowance for expected credit losses</a></td>
<td class="num">(3,123)<span></span>
</td>
<td class="nump">15,281<span></span>
</td>
<td class="nump">34,981<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdjustmentsForProvisionForLossesInInventories', window );">Provision for losses in inventories</a></td>
<td class="num">(826)<span></span>
</td>
<td class="nump">1,338<span></span>
</td>
<td class="num">(115)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdjustmentsForProvisionForPostemploymentBenefits', window );">Provision for post-employment benefits</a></td>
<td class="num">(2,393)<span></span>
</td>
<td class="num">(15,867)<span></span>
</td>
<td class="nump">14,749<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForSharebasedPayments', window );">Equity instrument granted</a></td>
<td class="nump">9,364<span></span>
</td>
<td class="nump">8,793<span></span>
</td>
<td class="nump">6,222<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdjustmentsForProvisionOfDecarbonization', window );">Provision of decarbonization &#8211; CBIO</a></td>
<td class="nump">161,281<span></span>
</td>
<td class="nump">124,287<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdjustmentsForProvisionForTaxCivilAndLaborRisks', window );">Provision for tax, civil, and labor risks</a></td>
<td class="nump">93,328<span></span>
</td>
<td class="nump">21,582<span></span>
</td>
<td class="nump">31,595<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdjustmentsForOtherProvisionsAndAdjustments', window );">Other provisions and adjustments</a></td>
<td class="nump">2,332<span></span>
</td>
<td class="num">(1,912)<span></span>
</td>
<td class="nump">5,829<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital', window );">Cash flows from operations before changes in working capital</a></td>
<td class="nump">3,437,374<span></span>
</td>
<td class="nump">2,731,284<span></span>
</td>
<td class="nump">3,641,865<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseInCurrentAssetsAbstract', window );"><strong>(Increase) decrease in current assets</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable', window );">Trade receivables and reseller financing</a></td>
<td class="num">(968,787)<span></span>
</td>
<td class="nump">481,984<span></span>
</td>
<td class="nump">240,474<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForDecreaseIncreaseInInventories', window );">Inventories</a></td>
<td class="num">(1,626,670)<span></span>
</td>
<td class="nump">108,136<span></span>
</td>
<td class="num">(486,534)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdjustmentsForDecreaseIncreaseInCurrentRecoverableTaxes', window );">Recoverable taxes</a></td>
<td class="num">(672,607)<span></span>
</td>
<td class="num">(115,316)<span></span>
</td>
<td class="num">(633,069)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsReceivedClassifiedAsOperatingActivities', window );">Dividends received from joint ventures</a></td>
<td class="nump">1,005<span></span>
</td>
<td class="nump">4,836<span></span>
</td>
<td class="nump">4,108<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForDecreaseIncreaseInOtherOperatingReceivables', window );">Other receivables</a></td>
<td class="num">(24,360)<span></span>
</td>
<td class="num">(18,922)<span></span>
</td>
<td class="nump">24,335<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdjustmentsForDecreaseIncreaseInCurrentPrepaidExpenses', window );">Prepaid expenses</a></td>
<td class="num">(61,573)<span></span>
</td>
<td class="num">(70,503)<span></span>
</td>
<td class="num">(13,368)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseInCurrentLiabilitiesAbstract', window );"><strong>Increase (decrease) in current liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAccountPayable', window );">Trade payables</a></td>
<td class="nump">2,425,821<span></span>
</td>
<td class="nump">798,180<span></span>
</td>
<td class="nump">77,131<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdjustmentsForIncreaseDecreaseInSalariesAndRelatedCharges', window );">Salaries and related charges</a></td>
<td class="nump">63,066<span></span>
</td>
<td class="nump">15,644<span></span>
</td>
<td class="nump">9,872<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdjustmentsForIncreaseDecreaseInCurrentTaxesPayable', window );">Taxes payable</a></td>
<td class="nump">11,733<span></span>
</td>
<td class="nump">22,925<span></span>
</td>
<td class="num">(10,291)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForIncreaseDecreaseInEmployeeBenefitLiabilities', window );">Post-employment benefits</a></td>
<td class="num">(2,814)<span></span>
</td>
<td class="nump">1,273<span></span>
</td>
<td class="num">(15,355)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForIncreaseDecreaseInOtherCurrentLiabilities', window );">Other payables</a></td>
<td class="num">(36,357)<span></span>
</td>
<td class="num">(16,663)<span></span>
</td>
<td class="nump">61,966<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForIncreaseDecreaseInDeferredIncomeIncludingContractLiabilities', window );">Deferred revenue</a></td>
<td class="num">(10,614)<span></span>
</td>
<td class="num">(9,814)<span></span>
</td>
<td class="nump">769<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseInNonCurrentAssetsAbstract', window );"><strong>(Increase) decrease in non-current assets</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdjustmentsForDecreaseIncreaseInNonCurrentTradeReceivablesAndResellerFinancing', window );">Trade receivables and reseller financing</a></td>
<td class="nump">12,008<span></span>
</td>
<td class="num">(73,035)<span></span>
</td>
<td class="nump">11,333<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdjustmentsForDecreaseIncreaseInNonCurrentRecoverableTaxes', window );">Recoverable taxes</a></td>
<td class="num">(153,526)<span></span>
</td>
<td class="num">(667,894)<span></span>
</td>
<td class="num">(28,182)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdjustmentsForDecreaseIncreaseInNonCurrentEscrowDeposits', window );">Escrow deposits</a></td>
<td class="num">(43,324)<span></span>
</td>
<td class="num">(26,492)<span></span>
</td>
<td class="num">(35,064)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables', window );">Other receivables</a></td>
<td class="nump">73,903<span></span>
</td>
<td class="num">(27,738)<span></span>
</td>
<td class="num">(801)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdjustmentsForIncreaseDecreasePrepaidExpensesNoncurrent', window );">Prepaid expenses</a></td>
<td class="nump">35,962<span></span>
</td>
<td class="nump">6,683<span></span>
</td>
<td class="nump">8,573<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseInNonCurrentLiabilitiesAbstract', window );"><strong>Increase (decrease) in non-current liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdjustmentsForIncreaseDecreaseInPostEmploymentBenefitsNonCurrent', window );">Post-employment benefits</a></td>
<td class="nump">11,907<span></span>
</td>
<td class="nump">8,700<span></span>
</td>
<td class="num">(18,632)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdjustmentsForIncreaseDecreaseInProvisionForTaxCivilAndLaborRisksNoncurrent', window );">Provision for tax, civil, and labor risks</a></td>
<td class="num">(28)<span></span>
</td>
<td class="num">(104)<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForIncreaseDecreaseInOtherOperatingPayables', window );">Other payables</a></td>
<td class="num">(17,193)<span></span>
</td>
<td class="num">(34,721)<span></span>
</td>
<td class="nump">9,637<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdjustmentsForIncreaseDecreaseInNonCurrentDeferredRevenue', window );">Deferred revenue</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="num">(11,850)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdjustmentsForIncreaseDecreaseInAcquisitionOfDecarbonizationCredits', window );">Acquisition of CBIO</a></td>
<td class="num">(176,837)<span></span>
</td>
<td class="num">(125,345)<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdjustmentsForIncreaseDecreaseInNonCurrentPaymentsOfContractualAssetsWithCustomersExclusiveRights', window );">Payments of contractual assets with customers &#8211; exclusive rights</a></td>
<td class="num">(420,261)<span></span>
</td>
<td class="num">(356,045)<span></span>
</td>
<td class="num">(330,068)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdjustmentsForIncreaseDecreaseInPaymentsOfContingencies', window );">Payments of contingencies</a></td>
<td class="num">(24,351)<span></span>
</td>
<td class="num">(39,256)<span></span>
</td>
<td class="num">(22,966)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdjustmentsForIncreaseDecreaseInIncomeAndSocialContributionTaxesPaidNoncurrent', window );">Income and social contribution taxes paid</a></td>
<td class="num">(230,036)<span></span>
</td>
<td class="num">(333,784)<span></span>
</td>
<td class="num">(111,499)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInOperatingActivitiesContinuingOperations', window );">Net cash provided by operating activities from continuing operations</a></td>
<td class="nump">1,603,441<span></span>
</td>
<td class="nump">2,264,013<span></span>
</td>
<td class="nump">2,372,384<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInOperatingActivitiesDiscontinuedOperations', window );">Net cash provided by operating activities from discontinued operations</a></td>
<td class="nump">982,519<span></span>
</td>
<td class="nump">874,106<span></span>
</td>
<td class="nump">552,468<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInOperatingActivities', window );">Net cash provided by operating activities</a></td>
<td class="nump">2,585,960<span></span>
</td>
<td class="nump">3,138,119<span></span>
</td>
<td class="nump">2,924,852<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract', window );"><strong>Cash flows from investing activities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_FinancialInvestmentsNetOfRedemptions', window );">Financial investments, net of redemptions</a></td>
<td class="nump">1,863,053<span></span>
</td>
<td class="num">(869,748)<span></span>
</td>
<td class="nump">102,911<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities', window );">Acquisition of property, plant, and equipment</a></td>
<td class="num">(1,028,419)<span></span>
</td>
<td class="num">(750,618)<span></span>
</td>
<td class="num">(720,779)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities', window );">Acquisition of intangible assets</a></td>
<td class="num">(237,488)<span></span>
</td>
<td class="num">(154,534)<span></span>
</td>
<td class="num">(111,251)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProceedsFromSalesOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod', window );">Revenue on disposal of investments</a></td>
<td class="nump">159,657<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivities', window );">Capital increase in joint ventures</a></td>
<td class="num">(25,700)<span></span>
</td>
<td class="num">(28,840)<span></span>
</td>
<td class="num">(79,124)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CapitalReductionInAssociatesClassifiedAsInvestingActivities', window );">Capital decrease in associates</a></td>
<td class="nump">1,500<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_InitialDirectCostsOfRightToUseAssets', window );">Initial direct costs of right-of-use assets</a></td>
<td class="num">(14,905)<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="num">(68,007)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashReceiptsFromRepaymentOfAdvancesAndLoansMadeToRelatedParties', window );">Related parties</a></td>
<td class="nump">2,334<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities', window );">Proceeds from disposal of property, plant, and equipment and intangibles</a></td>
<td class="nump">162,837<span></span>
</td>
<td class="nump">154,725<span></span>
</td>
<td class="nump">36,912<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInInvestingActivitiesContinuingOperations', window );">Net cash provided by (used in) investing activities from continuing operations</a></td>
<td class="nump">882,869<span></span>
</td>
<td class="num">(1,649,015)<span></span>
</td>
<td class="num">(839,338)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInInvestingActivitiesDiscontinuedOperations', window );">Net cash provided by (used in) investing activities from discontinued operations</a></td>
<td class="num">(158,733)<span></span>
</td>
<td class="num">(487,390)<span></span>
</td>
<td class="num">(995,923)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInInvestingActivities', window );">Net cash provided by (used in) investing activities</a></td>
<td class="nump">724,136<span></span>
</td>
<td class="num">(2,136,405)<span></span>
</td>
<td class="num">(1,835,261)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BorrowingsClassifiedAsFinancingActivitiesAbstract', window );"><strong>Loans and debentures</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities', window );">Proceeds</a></td>
<td class="nump">1,383,611<span></span>
</td>
<td class="nump">3,387,161<span></span>
</td>
<td class="nump">2,009,221<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities', window );">Repayments</a></td>
<td class="num">(2,426,222)<span></span>
</td>
<td class="num">(1,815,130)<span></span>
</td>
<td class="num">(2,460,941)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_InterestPaidForBorrowingsClassifiedAsFinancingActivities', window );">Interest paid</a></td>
<td class="num">(733,791)<span></span>
</td>
<td class="num">(701,458)<span></span>
</td>
<td class="num">(1,416,977)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivitiesAbstract', window );"><strong>Payments of lease</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities', window );">Principal</a></td>
<td class="num">(304,975)<span></span>
</td>
<td class="num">(250,202)<span></span>
</td>
<td class="num">(210,147)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_InterestPaidForLeaseLiabilitiesClassifiedAsFinancingActivities', window );">Interest paid</a></td>
<td class="num">(15,267)<span></span>
</td>
<td class="num">(5,705)<span></span>
</td>
<td class="num">(11,892)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsPaidClassifiedAsFinancingActivities', window );">Dividends paid</a></td>
<td class="num">(705,753)<span></span>
</td>
<td class="num">(284,767)<span></span>
</td>
<td class="num">(596,436)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProceedsFromContributionsOfNoncontrollingInterests', window );">Capital increase from non-controlling shareholders</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">6,996<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashRepaymentsOfAdvancesAndLoansFromRelatedParties', window );">Related parties</a></td>
<td class="num">(177)<span></span>
</td>
<td class="num">(2,548)<span></span>
</td>
<td class="num">(146)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInFinancingActivitiesContinuingOperations', window );">Net cash provided by (used in) in financing activities from continuing operations</a></td>
<td class="num">(2,802,574)<span></span>
</td>
<td class="nump">327,351<span></span>
</td>
<td class="num">(2,680,322)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations', window );">Net cash provided by (used in) in financing activities from discontinued operations</a></td>
<td class="num">(552,967)<span></span>
</td>
<td class="num">(919,684)<span></span>
</td>
<td class="num">(241,907)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInFinancingActivities', window );">Net cash provided by (used in) in financing activities</a></td>
<td class="num">(3,355,541)<span></span>
</td>
<td class="num">(592,333)<span></span>
</td>
<td class="num">(2,922,229)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_EffectOfExchangeRateChangesOnCashAndCashEquivalentsContinuingOperations', window );">Effect of exchange rate changes on cash and cash equivalents in foreign currency - continuing operations</a></td>
<td class="num">(4,547)<span></span>
</td>
<td class="nump">21,912<span></span>
</td>
<td class="num">(21,805)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_EffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations', window );">Effect of exchange rate changes on cash and cash equivalents in foreign currency - discontinued operations</a></td>
<td class="nump">56,553<span></span>
</td>
<td class="nump">114,822<span></span>
</td>
<td class="nump">30,871<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInCashAndCashEquivalents', window );">Increase (decrease) in cash and cash equivalents</a></td>
<td class="nump">6,561<span></span>
</td>
<td class="nump">546,115<span></span>
</td>
<td class="num">(1,823,572)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition', window );">Cash and cash equivalents at the beginning of the year</a></td>
<td class="nump">2,661,494<span></span>
</td>
<td class="nump">2,115,379<span></span>
</td>
<td class="nump">3,938,951<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition', window );">Cash and cash equivalents at the end of the year</a></td>
<td class="nump">2,668,055<span></span>
</td>
<td class="nump">2,661,494<span></span>
</td>
<td class="nump">2,115,379<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CashAndCashEquivalentsContinuingOperation', window );">Cash and cash equivalents at the end of the year - continuing operations</a></td>
<td class="nump">2,280,074<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashAndCashEquivalentsClassifiedAsPartOfDisposalGroupHeldForSale', window );">Cash and cash equivalents at the end of the year - discontinued operations</a></td>
<td class="nump">387,981<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NonCashTransactionsAbstract', window );"><strong>Transactions without cash effect:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdditionOnRightToUseAssetsAndLeasesPayable', window );">Addition on right-of-use assets and leases payable</a></td>
<td class="nump">227,977<span></span>
</td>
<td class="nump">420,070<span></span>
</td>
<td class="nump">311,106<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdjustmentsForNonCashAdditionOnContractualAssetsWithCustomersExclusiveRights', window );">Addition on contractual assets with customers &#8211; exclusive rights</a></td>
<td class="nump">269,725<span></span>
</td>
<td class="nump">193,040<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdjustmentsForNonCashReversionFundPrivatePension', window );">Reversion fund &#8211; private pension</a></td>
<td class="nump">2,656<span></span>
</td>
<td class="nump">33,843<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IssuanceOfSharesRelatedToSubscriptionWarrantsIndemnificationForBusinessCombination', window );">Issuance of shares related to the subscription warrants &#8211; indemnification &#8211; Extrafarma acquisition</a></td>
<td class="nump">R$ 1,819<span></span>
</td>
<td class="nump">R$ 54,763<span></span>
</td>
<td class="nump">R$ 0<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForDecreaseIncreaseInInventories">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for decrease (increase) in inventories to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Inventories; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 20<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_20_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForDecreaseIncreaseInInventories</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
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<tr>
<td><strong> Period Type:</strong></td>
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</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForDecreaseIncreaseInOtherOperatingReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for decrease (increase) in other operating receivables to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 20<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_20_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForDecreaseIncreaseInOtherOperatingReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for decrease (increase) in trade accounts receivable to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 20<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_20_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
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<tr>
<td><strong> Period Type:</strong></td>
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</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for decrease (increase) in trade and other receivables to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Trade and other receivables; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 20<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_20&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
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<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForDeferredTaxExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for deferred tax expense to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Deferred tax expense (income); Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 20<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_20&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForDeferredTaxExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
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</tr>
<tr>
<td><strong> Balance Type:</strong></td>
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</tr>
<tr>
<td><strong> Period Type:</strong></td>
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</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for depreciation and amortisation expense to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Depreciation and amortisation expense; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 20<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_20_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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</tr>
<tr>
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</tr>
<tr>
<td><strong> Balance Type:</strong></td>
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</tr>
<tr>
<td><strong> Period Type:</strong></td>
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</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeAndOtherReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for impairment loss (reversal of impairment loss) on trade and other receivables recognised in profit or loss to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Trade and other receivables; Impairment loss; Adjustments for impairment loss (reversal of impairment loss) recognised in profit or loss; Impairment loss (reversal of impairment loss) recognised in profit or loss]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 20<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_20&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeAndOtherReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<tr>
<td><strong> Data Type:</strong></td>
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<tr>
<td><strong> Balance Type:</strong></td>
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</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForIncreaseDecreaseInDeferredIncomeIncludingContractLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for the increase (decrease) in deferred income including contract liabilities to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Deferred income including contract liabilities; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 20<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_20_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForIncreaseDecreaseInDeferredIncomeIncludingContractLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForIncreaseDecreaseInEmployeeBenefitLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for increase (decrease) in employee benefit liabilities to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 20<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_20&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForIncreaseDecreaseInEmployeeBenefitLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
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</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
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</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForIncreaseDecreaseInOtherCurrentLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for increase (decrease) in other current liabilities to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Other current liabilities; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 20<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_20&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForIncreaseDecreaseInOtherCurrentLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
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<td><strong> Data Type:</strong></td>
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<tr>
<td><strong> Balance Type:</strong></td>
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</tr>
<tr>
<td><strong> Period Type:</strong></td>
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</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForIncreaseDecreaseInOtherOperatingPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for increase (decrease) in other operating payables to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 20<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_20_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForIncreaseDecreaseInOtherOperatingPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAccountPayable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for increase (decrease) in trade accounts payable to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 20<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_20_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAccountPayable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for losses (gains) on disposal of non-current assets to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Non-current assets; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 14<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_14&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForReconcileProfitLossAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForReconcileProfitLossAbstract</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForSharebasedPayments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for share-based payments to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 20<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_20_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForSharebasedPayments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
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<tr>
<td><strong> Period Type:</strong></td>
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</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for undistributed profits of investments accounted for using the equity method to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Investments accounted for using equity method; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 20<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_20&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr>
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<td><strong> Balance Type:</strong></td>
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</tr>
<tr>
<td><strong> Period Type:</strong></td>
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</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for unrealised foreign exchange losses (gains) to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 20<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_20_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Section A Statement of cash flows for an entity other than a financial institution<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;doctype=Illustrative%20Examples&amp;dita_xref=IAS07_IE_A__IAS07_IE_A_TI<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of amortisation for assets recognised from the costs incurred to obtain or fulfil contracts with customers. [Refer: Assets recognised from costs to obtain or fulfil contracts with customers; Amortisation expense]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 15<br> -IssueDate 2021-01-01<br> -Paragraph 128<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=15&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_128_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashAndCashEquivalentsClassifiedAsPartOfDisposalGroupHeldForSale">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of cash and cash equivalents that are classified as a part of a disposal group held for sale. [Refer: Cash and cash equivalents; Disposal groups classified as held for sale [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 45<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashAndCashEquivalentsClassifiedAsPartOfDisposalGroupHeldForSale</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of cash and cash equivalents in the statement of cash flows when different from the amount of cash and cash equivalents in the statement of financial position. [Refer: Cash and cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 45<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInFinancingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash flows from (used in) financing activities, which are activities that result in changes in the size and composition of the contributed equity and borrowings of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 10<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_10&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 50<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_50_d&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInFinancingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInFinancingActivitiesContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash flows from (used in) the entity's financing activities, related to continuing operations. [Refer: Continuing operations [member]; Cash flows from (used in) financing activities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2021-01-01<br> -Paragraph 33<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=5&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_33_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInFinancingActivitiesContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash flows from (used in) the entity's financing activities, related to discontinued operations. [Refer: Discontinued operations [member]; Cash flows from (used in) financing activities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2021-01-01<br> -Paragraph 33<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=5&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_33_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInInvestingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash flows from (used in) investing activities, which are the acquisition and disposal of long-term assets and other investments not included in cash equivalents.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 10<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_10&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 50<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_50_d&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInInvestingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInInvestingActivitiesContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash flows from (used in) the entity's investing activities, related to continuing operations. [Refer: Continuing operations [member]; Cash flows from (used in) investing activities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2021-01-01<br> -Paragraph 33<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=5&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_33_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInInvestingActivitiesContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInInvestingActivitiesDiscontinuedOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash flows from (used in) the entity's investing activities, related to discontinued operations. [Refer: Discontinued operations [member]; Cash flows from (used in) investing activities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2021-01-01<br> -Paragraph 33<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=5&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_33_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInInvestingActivitiesDiscontinuedOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInOperatingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash flows from (used in) operating activities, which are the principal revenue-producing activities of the entity and other activities that are not investing or financing activities. [Refer: Revenue]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 10<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_10&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 50<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_50_d&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInOperatingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInOperatingActivitiesContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash flows from (used in) the entity's operating activities, related to continuing operations. [Refer: Continuing operations [member]; Cash flows from (used in) operating activities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2021-01-01<br> -Paragraph 33<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=5&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_33_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInOperatingActivitiesContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInOperatingActivitiesDiscontinuedOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash flows from (used in) the entity's operating activities, related to discontinued operations. [Refer: Discontinued operations [member]; Cash flows from (used in) operating activities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2021-01-01<br> -Paragraph 33<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=5&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_33_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInOperatingActivitiesDiscontinuedOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash inflow (outflow) from the entity's operations before changes in working capital.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Section A Statement of cash flows for an entity other than a financial institution<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;doctype=Illustrative%20Examples&amp;dita_xref=IAS07_IE_A__IAS07_IE_A_TI<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 20<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_20&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashReceiptsFromRepaymentOfAdvancesAndLoansMadeToRelatedParties">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash inflow from repayment to the entity of loans and advances made to related parties. [Refer: Related parties [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 16<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_16&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashReceiptsFromRepaymentOfAdvancesAndLoansMadeToRelatedParties</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashRepaymentsOfAdvancesAndLoansFromRelatedParties">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for repayments of advances and loans from related parties. [Refer: Related parties [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 17<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_17&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashRepaymentsOfAdvancesAndLoansFromRelatedParties</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DividendsPaidClassifiedAsFinancingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for dividends paid by the entity, classified as financing activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 31<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_31&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DividendsPaidClassifiedAsFinancingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DividendsReceivedClassifiedAsOperatingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash inflow from dividends received, classified as operating activities. [Refer: Dividends received]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 31<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_31&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DividendsReceivedClassifiedAsOperatingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseInCashAndCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in cash and cash equivalents after the effect of exchange rate changes on cash and cash equivalents held in foreign currencies. [Refer: Cash and cash equivalents; Effect of exchange rate changes on cash and cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 45<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseInCashAndCashEquivalents</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow to acquire interests in joint ventures (other than payments for those instruments considered to be cash equivalents or those held for dealing or trading purposes), classified as investing activities. [Refer: Joint ventures [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 16<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_16_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for payment of lease liabilities, classified as financing activities. [Refer: Lease liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 17<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_17_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash inflow from borrowings obtained. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 17<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_17_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProceedsFromContributionsOfNoncontrollingInterests">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash inflow from proceeds from contributions of non-controlling interests. [Refer: Non-controlling interests]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 17<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_17&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProceedsFromContributionsOfNoncontrollingInterests</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProceedsFromSalesOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash inflow from sales of investments other than investments accounted for using the equity method. [Refer: Investments accounted for using equity method; Investments other than investments accounted for using equity method]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 16<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_16&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProceedsFromSalesOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash inflow from sales of property, plant and equipment, classified as investing activities. [Refer: Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 16<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_16_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossFromContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) from continuing operations. [Refer: Continuing operations [member]; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 28<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause vi<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B12_b_vi&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 81A<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_81A_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossFromContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for the purchases of intangible assets, classified as investing activities. [Refer: Intangible assets other than goodwill]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 16<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_16_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for the purchases of property, plant and equipment, classified as investing activities. [Refer: Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 16<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_16_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow to settle borrowings, classified as financing activities. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 17<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_17_d&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AdditionOnRightToUseAssetsAndLeasesPayable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for noncash addition on rightofuse assets and leases payable.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AdditionOnRightToUseAssetsAndLeasesPayable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AdjustmentsForAmortizationOfRightOfUseAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for amortization of rightofuse assets to reconcile profit (loss) to net cash flow from (used in) operating activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AdjustmentsForAmortizationOfRightOfUseAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AdjustmentsForCreditsOnDepreciation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for credits on depreciation to reconcile profit (loss) to net cash flow from (used in) operating activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AdjustmentsForCreditsOnDepreciation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AdjustmentsForCurrentTaxExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for current tax expense to reconcile profit (loss) to net cash flow from (used in) operating activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AdjustmentsForCurrentTaxExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AdjustmentsForDecreaseIncreaseInCurrentPrepaidExpenses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for decrease (increase) in current prepaid expenses to reconcile profit (loss) to net cash flow from (used in) operating activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AdjustmentsForDecreaseIncreaseInCurrentPrepaidExpenses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AdjustmentsForDecreaseIncreaseInCurrentRecoverableTaxes">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for decrease (increase) in current recoverable taxes to reconcile profit (loss) to net cash flow from (used in) operating activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AdjustmentsForDecreaseIncreaseInCurrentRecoverableTaxes</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AdjustmentsForDecreaseIncreaseInNonCurrentEscrowDeposits">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for decrease (increase) in noncurrent escrow deposits to reconcile profit (loss) to net cash flow from (used in) operating activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AdjustmentsForDecreaseIncreaseInNonCurrentEscrowDeposits</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AdjustmentsForDecreaseIncreaseInNonCurrentRecoverableTaxes">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for decrease (increase) in noncurrent recoverable taxes to reconcile profit (loss) to net cash flow from (used in) operating activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AdjustmentsForDecreaseIncreaseInNonCurrentRecoverableTaxes</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AdjustmentsForDecreaseIncreaseInNonCurrentTradeReceivablesAndResellerFinancing">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for decrease (increase) in noncurrent trade receivables and reseller financing to reconcile profit (loss) to net cash flow from (used in) operating activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AdjustmentsForDecreaseIncreaseInNonCurrentTradeReceivablesAndResellerFinancing</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AdjustmentsForIncreaseDecreaseInAcquisitionOfDecarbonizationCredits">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for increase (decrease) in non-current liabilities from acquisition of decarbonization credits ("CBIO") to reconcile profit (loss) to net cash flow from (used in) operating activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AdjustmentsForIncreaseDecreaseInAcquisitionOfDecarbonizationCredits</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AdjustmentsForIncreaseDecreaseInCurrentTaxesPayable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for increase (decrease) in current taxes payable to reconcile profit (loss) to net cash flow from (used in) operating activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AdjustmentsForIncreaseDecreaseInCurrentTaxesPayable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AdjustmentsForIncreaseDecreaseInIncomeAndSocialContributionTaxesPaidNoncurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for increase (decrease) in noncurrent liabilities from income and social contribution taxes paid to reconcile profit (loss) to net cash flow from (used in) operating activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AdjustmentsForIncreaseDecreaseInIncomeAndSocialContributionTaxesPaidNoncurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AdjustmentsForIncreaseDecreaseInNonCurrentDeferredRevenue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for increase (decrease) in non-current deferred revenue to reconcile profit (loss) to net cash flow from (used in) operating activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AdjustmentsForIncreaseDecreaseInNonCurrentDeferredRevenue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AdjustmentsForIncreaseDecreaseInNonCurrentPaymentsOfContractualAssetsWithCustomersExclusiveRights">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for increase (decrease) in noncurrent payables of contractual assets with customers  exclusive rights to reconcile profit (loss) to net cash flow from (used in) operating activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AdjustmentsForIncreaseDecreaseInNonCurrentPaymentsOfContractualAssetsWithCustomersExclusiveRights</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AdjustmentsForIncreaseDecreaseInPaymentsOfContingencies">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for increase (decrease) in non-current liabilities from payments of contingencies to reconcile profit (loss) to net cash flow from (used in) operating activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AdjustmentsForIncreaseDecreaseInPaymentsOfContingencies</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AdjustmentsForIncreaseDecreaseInPostEmploymentBenefitsNonCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for increase (decrease) in noncurrent post employment benefits to reconcile profit (loss) to net cash flow from (used in) operating activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AdjustmentsForIncreaseDecreaseInPostEmploymentBenefitsNonCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AdjustmentsForIncreaseDecreaseInProvisionForTaxCivilAndLaborRisksNoncurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for increase (decrease) in noncurrent provision for tax, civil, and labor risks to reconcile profit (loss) to net cash flow from (used in) operating activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AdjustmentsForIncreaseDecreaseInProvisionForTaxCivilAndLaborRisksNoncurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AdjustmentsForIncreaseDecreaseInSalariesAndRelatedCharges">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for increase (decrease) in current salaries and related charges to reconcile profit (loss) to net cash flow from (used in) operating activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AdjustmentsForIncreaseDecreaseInSalariesAndRelatedCharges</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AdjustmentsForIncreaseDecreasePrepaidExpensesNoncurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for decrease (increase) in noncurrent prepaid expenses to reconcile profit (loss) to net cash flow from (used in) operating activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AdjustmentsForIncreaseDecreasePrepaidExpensesNoncurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AdjustmentsForNonCashAdditionOnContractualAssetsWithCustomersExclusiveRights">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for non-cash addition on contractual assets with customers - exclusive rights to reconcile profit (loss) to net cash flow from (used in) operating activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AdjustmentsForNonCashAdditionOnContractualAssetsWithCustomersExclusiveRights</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AdjustmentsForNonCashReversionFundPrivatePension">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for non-cash reversion fund - private pension to reconcile profit (loss) to net cash flow from (used in) operating activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AdjustmentsForNonCashReversionFundPrivatePension</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AdjustmentsForOtherProvisionsAndAdjustments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for other provisions and adjustments to reconcile profit (loss) to net cash flow from (used in) operating activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AdjustmentsForOtherProvisionsAndAdjustments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AdjustmentsForProvisionForLossesInInventories">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for provision for losses in inventories to reconcile profit (loss) to net cash flow from (used in) operating activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AdjustmentsForProvisionForLossesInInventories</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AdjustmentsForProvisionForPostemploymentBenefits">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for provision for postemployment benefits to reconcile profit (loss) to net cash flow from (used in) operating activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AdjustmentsForProvisionForPostemploymentBenefits</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AdjustmentsForProvisionForTaxCivilAndLaborRisks">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for provision for tax, civil, and labor risks to reconcile profit (loss) to net cash flow from (used in) operating activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AdjustmentsForProvisionForTaxCivilAndLaborRisks</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AdjustmentsForProvisionOfDecarbonization">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for provision of decarbonization to reconcile profit (loss) to net cash flow from (used in) operating activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AdjustmentsForProvisionOfDecarbonization</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_BorrowingsClassifiedAsFinancingActivitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_BorrowingsClassifiedAsFinancingActivitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_CapitalReductionInAssociatesClassifiedAsInvestingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash inflow (outflow) from capital reduction in associates.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_CapitalReductionInAssociatesClassifiedAsInvestingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_CashAndCashEquivalentsContinuingOperation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of cash and cash equivalents from continuing operations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_CashAndCashEquivalentsContinuingOperation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_EffectOfExchangeRateChangesOnCashAndCashEquivalentsContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The effect of exchange rate changes on cash and cash equivalents held or due - continuing operations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_EffectOfExchangeRateChangesOnCashAndCashEquivalentsContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_EffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The effect of exchange rate changes on cash and cash equivalents from discontinued operations, held or due in a foreign currency.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_EffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_FinancialInvestmentsNetOfRedemptions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for the financial investments, net of redemptions.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_FinancialInvestmentsNetOfRedemptions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_IncreaseDecreaseInCurrentAssetsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Increase Decrease in Current Assets [abstract]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_IncreaseDecreaseInCurrentAssetsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_IncreaseDecreaseInCurrentLiabilitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Increase Decrease in Current Liabilities [abstract]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_IncreaseDecreaseInCurrentLiabilitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_IncreaseDecreaseInNonCurrentAssetsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Increase Decrease in Non Current Assets Abstract</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_IncreaseDecreaseInNonCurrentAssetsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_IncreaseDecreaseInNonCurrentLiabilitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Increase Decrease in Non Current Liabilities Abstract</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_IncreaseDecreaseInNonCurrentLiabilitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_InitialDirectCostsOfRightToUseAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for initial direct costs of rightofuse assets, classified as investing activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_InitialDirectCostsOfRightToUseAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_InterestPaidForBorrowingsClassifiedAsFinancingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for interest paid on borrowings, classified as financing activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_InterestPaidForBorrowingsClassifiedAsFinancingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_InterestPaidForLeaseLiabilitiesClassifiedAsFinancingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for interest paid on lease liabilities, classified as financing activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_InterestPaidForLeaseLiabilitiesClassifiedAsFinancingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The fair value of stock issued in noncash financing activities related to the subscription warrants indemnification for business combination.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<td><strong> Name:</strong></td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147276930088">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Operations<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfOperationsAbstract', window );"><strong>Disclosure of Operations [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfOperationsExplanatory', window );">Operations</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">1. Operations</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Ultrapar </span><span style="font-family: 'Times New Roman';">Participa&#231;&#245;es</span><span style="font-family: 'Times New Roman';"> S.A. (&#8220;Ultrapar&#8221; or &#8220;Company&#8221;) is a publicly-traded company headquartered at the </span><span style="font-family: 'Times New Roman';">Brigadeiro</span><span style="font-family: 'Times New Roman';"> Luis Ant&#244;nio Avenue, 1343 in the city of S&#227;o Paulo &#8211; SP, Brazil, listed on B3 S.A. &#8211; </span><span style="font-family: 'Times New Roman';">Brasil</span><span style="font-family: 'Times New Roman';">, Bolsa, </span><span style="font-family: 'Times New Roman';">Balc&#227;o</span><span style="font-family: 'Times New Roman';"> (&#8220;B3&#8221;), in the Novo Mercado listing segment under the ticker &#8220;UGPA3&#8221; and on the New York Stock Exchange (&#8220;NYSE&#8221;) in the form of level III American Depositary Receipts (&#8220;ADRs&#8221;) under the ticker &#8220;UGP&#8221;.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The Company engages in the investment of its own capital in services, commercial, and industrial activities, through the subscription or acquisition of shares of other companies. Through its subsidiaries, it operates in the segments of liquefied petroleum gas &#8211; LPG distribution (&#8220;Ultragaz&#8221;), fuel distribution and related businesses (&#8220;</span><span style="font-family: 'Times New Roman';">Ipiranga</span><span style="font-family: 'Times New Roman';">&#8221;), storage services for liquid bulk (&#8220;</span><span style="font-family: 'Times New Roman';">Ultracargo</span><span style="font-family: 'Times New Roman';">&#8221;) and digital payments segment (&#8220;</span><span style="font-family: 'Times New Roman';">Abastece</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">a&#237;</span><span style="font-family: 'Times New Roman';">&#8221;). The information about segments </span><span style="font-family: 'Times New Roman';">are</span><span style="font-family: 'Times New Roman';"> disclosed in Note 32</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">The activities related to the production and </span><span style="font-family: 'Times New Roman';">marketing</span><span style="font-family: 'Times New Roman';"> of chemical products (&#8220;</span><span style="font-family: 'Times New Roman';">Oxiteno</span><span style="font-family: 'Times New Roman';">&#8221;) and </span><span style="font-family: 'Times New Roman';">retail distribution of pharmaceutical, hygiene, beauty, and skincare products (&#8220;</span><span style="font-family: 'Times New Roman';">Extrafarma</span><span style="font-family: 'Times New Roman';">&#8221;)</span><span style="font-family: 'Times New Roman';"> are presented as discontinued operations (see Note 3).</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">a. Clarifications on the impacts of COVID-19</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The World Health Organization (&#8220;WHO&#8221;) declared a coronavirus pandemic (COVID-19) on March 11, 2020. To contain a spread of the virus in Brazil, the Ministry of Health (&#8220;MH&#8221;) and the state and municipal governments announced several actions to reduce the agglomeration and movement of people, including the closing of commerce, </span><span style="font-family: 'Times New Roman';">parks</span><span style="font-family: 'Times New Roman';"> and common areas. In this context, the Company created a Crisis Committee to keep up with it and monitor the main risks and adopt preventive and emergency measures to reduce the pandemic effects.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Since the beginning of the coronavirus pandemic, the Company and its subsidiaries acted in numerous initiatives to ensure the safety and security of its employees and the stability and continuity of its operations and partners, the financial solidity of the Company. All the activities of the companies controlled by the Company are classified as essential in the context of the measures adopted to face the pandemic.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The Company and its subsidiaries quickly adopted the work at home (expressed by home office) for the administrative public, </span><span style="font-family: 'Times New Roman';">with</span><span style="font-family: 'Times New Roman';"> all the necessary support for the </span><span style="font-family: 'Times New Roman';">operational continuity</span><span style="font-family: 'Times New Roman';">. In addition to basic safety concerns with employees, companies implemented several initiatives aimed at welfare, such as virtual meetings, psychological </span><span style="font-family: 'Times New Roman';">support</span><span style="font-family: 'Times New Roman';"> and concern for ergonomics, following </span><span style="font-family: 'Times New Roman';">the</span><span style="font-family: 'Times New Roman';"> principle of valuing people.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The emergency measures and speed in answer to the first effects of the crisis, as well as initiatives to support the supply chain, were effective to keep the activities of the subsidiaries in operation, ensuring the delivery of essential services to the population and preserving the health </span><span style="font-family: 'Times New Roman';">and security </span><span style="font-family: 'Times New Roman';">of employees</span><span style="font-family: 'Times New Roman';"> and partners</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">R</span><span style="font-family: 'Times New Roman';">emains uncertain</span><span style="font-family: 'Times New Roman';"> to what extent the </span><span style="font-family: 'Times New Roman';">financial </span><span style="font-family: 'Times New Roman';">information, after</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">December 31, 2021, may be affected by the commercial, </span><span style="font-family: 'Times New Roman';">operational</span><span style="font-family: 'Times New Roman';"> and financial impacts of the pandemic, because it will depend on its duration and the impacts on economic activities, as well as government, business in response to the crisis. In this context, some financial risk assessments, </span><span style="font-family: 'Times New Roman';">projections</span><span style="font-family: 'Times New Roman';"> and impairment tests, in connection with the preparation of th</span><span style="font-family: 'Times New Roman';">ese</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">financial statements</span><span style="font-family: 'Times New Roman';">, may be impacted by the pandemic, and may adversely affect the financial position of the Company and its subsidiaries.</span></span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold; text-decoration: underline;">Operational impacts</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The implemented measures of social isolation, restrictions on the movement of people and to the operation of certain businesses due to COVID-19 pandemic affected economic activity in Brazil in the last <span style="-sec-ix-hidden:Tag8000">two</span> years, however, with the advance of vaccination the negative impacts have been reduced in the last months. No significant effects were observed on the operations of the Company and its subsidiaries in the </span><span style="font-family: 'Times New Roman';">year</span><span style="font-family: 'Times New Roman';"> of 2021.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold; text-decoration: underline;">Main risks and associated measures</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; text-decoration: underline;">Credit risk</span><span style="font-family: 'Times New Roman';"> - The actions taken by the Company and its subsidiaries </span><span style="font-family: 'Times New Roman';">throughout 2020 </span><span style="font-family: 'Times New Roman';">and 2021 softened the impacts of the pandemic on the financial condition and its customers and, consequently, mitigated its potential effects on default rates, that are at lower level than in 2020. The effects of </span><span style="font-family: 'Times New Roman';">loss allowance for expected credit losses</span><span style="font-family: 'Times New Roman';"> of </span><span style="font-family: 'Times New Roman';">year</span><span style="font-family: 'Times New Roman';"> ended December 31, </span><span style="font-family: 'Times New Roman';">202</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';"> are disclosed in Notes 6 and 33.d.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; text-decoration: underline;">Risk of realization of deferred tax assets</span><span style="font-family: 'Times New Roman';"> - the Company and its subsidiaries annually prepare technical assumption study of the constitution and realization of credits related to&#160;deferred tax assets, considering the current projections and tax planning strategies approved by the Board of Directors and did not identify the need for write-offs for the year ended on December 31, 202</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; text-decoration: underline;">Risks in financial instruments</span><span style="font-family: 'Times New Roman';"> - the increase in volatility in financial markets may impact financial results according to sensitivity analyzes presented in Note 33</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; text-decoration: underline;">Liquidity risk</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">&#8211;</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">The Company and its subsidiaries presented </span><span style="font-family: 'Times New Roman';">movements</span><span style="font-family: 'Times New Roman';"> in their net debt position consistent with the results and the seasonality of their businesses.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The management of the Company and its subsidiaries </span><span style="font-family: 'Times New Roman';">continue </span><span style="font-family: 'Times New Roman';">maintain</span><span style="font-family: 'Times New Roman';">ing</span><span style="font-family: 'Times New Roman';"> discipline in control of costs and expenses to preserve cash in all business and selectivity in the allocation of capital</span><span style="font-family: 'Times New Roman';"> without compromising sustainable business growth</span><span style="font-family: 'Times New Roman';">.&#160;&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">b. Clarifications on the cyber incident</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Company</span><span style="font-family: 'Times New Roman';">&#160;experienced&#160;</span><span style="font-family: 'Times New Roman';">on</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">January</span><span style="font-family: 'Times New Roman';"> 11, 2021 a </span><span style="font-family: 'Times New Roman';">&#160;</span><span style="font-family: 'Times New Roman';">ransomware</span><span style="font-family: 'Times New Roman';"> <span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">attack&#160;</span>in its </span><span style="font-family: 'Times New Roman';">information</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">technology</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">environment</span><span style="font-family: 'Times New Roman';">.&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">As a </span><span style="font-family: 'Times New Roman';">precautionary</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">measure</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">the</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Company</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">interrupted</span><span style="font-family: 'Times New Roman';"> its systems, </span><span style="font-family: 'Times New Roman';">affecting</span><span style="font-family: 'Times New Roman';"> for a short </span><span style="font-family: 'Times New Roman';">period</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">of</span><span style="font-family: 'Times New Roman';"> time </span><span style="font-family: 'Times New Roman';">the</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">operations</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">of</span><span style="font-family: 'Times New Roman';"> its </span><span style="font-family: 'Times New Roman';">subsidiaries</span><span style="font-family: 'Times New Roman';">. </span><span style="font-family: 'Times New Roman';">Immediately</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">all</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">security</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">control</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">measures</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">were</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">adopted</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">to</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">remedy</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">the</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">situation</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and</span><span style="font-family: 'Times New Roman';"> as </span><span style="font-family: 'Times New Roman';">of</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">January</span><span style="font-family: 'Times New Roman';"> 14, 2021 </span><span style="font-family: 'Times New Roman';">the</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">operational</span><span style="font-family: 'Times New Roman';"> systems </span><span style="font-family: 'Times New Roman';">of</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">the</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Company</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and</span><span style="font-family: 'Times New Roman';"> its </span><span style="font-family: 'Times New Roman';">subsidiaries</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">began</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">to</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">be</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">gradually</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">restored</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';">&#160;</span><span style="font-family: 'Times New Roman';">according</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">with</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">the</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">priority</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">relevance</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">of</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">each</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">affected</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">process</span><span style="font-family: 'Times New Roman';">. </span><span style="font-family: 'Times New Roman';">Since</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">January</span><span style="font-family: 'Times New Roman';"> 25, 2021</span><span style="font-family: 'Times New Roman';">&#160;</span><span style="font-family: 'Times New Roman';">all</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">the</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">critical</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">information</span><span style="font-family: 'Times New Roman';"> systems </span><span style="font-family: 'Times New Roman';">of</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">the</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Company</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and</span><span style="font-family: 'Times New Roman';"> its </span><span style="font-family: 'Times New Roman';">subsidiaries</span><span style="font-family: 'Times New Roman';"> are in full </span><span style="font-family: 'Times New Roman';">operation</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The </span><span style="font-family: 'Times New Roman';">Company</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">had</span><span style="font-family: 'Times New Roman';"> a </span><span style="font-family: 'Times New Roman';">specific</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">insurance</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">policy</span><span style="font-family: 'Times New Roman';"> for cyber </span><span style="font-family: 'Times New Roman';">incidents</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">which</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">has</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">already</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">been</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">triggered</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">being</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">the assessment of</span><span style="font-family: 'Times New Roman';">&#160;</span><span style="font-family: 'Times New Roman';">such</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">claim</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">is</span><span style="font-family: 'Times New Roman';">&#160;in progress</span><span style="font-family: 'Times New Roman';">.&#160;</span></span><span style="font-size: 11.0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;">For further information see Note 35.b.</span></span></p>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">
<p style="margin: 10pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"><b><i><span><span style="font-style: italic; font-family: 'times new roman', times; font-size: 10pt;">c. Approval of the Oxiteno S.A. share purchase and sale agreement by CADE&#160;</span></span></i></b></p>
<p style="margin: 10pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"><span><span style="font-family: 'times new roman', times; font-size: 10pt;">On August 16, 2021, the Company announced the signing of a share purchase agreement for the sale of all shares of Oxiteno S.A. &#8211; Ind&#250;stria e Com&#233;rcio (&#8220;Oxiteno S.A.&#8221;) to Indorama Ventures PLC (&#8220;Indorama&#8221;). On March 7, 2022, CADE approved the transaction without restrictions. On April 1, 2022, the transaction closed. The initial payment of &#160;US$<span>1,150</span><span> million (equivalent to R$ 5,449.6 million) <span style="font-size: 8pt;"><sup>(1)</sup></span>, adjusted by the variations in working capital and net debt position of US$&#160;176 million (equivalent to R$ 834,0 million) <span style="font-size: 8pt;"><sup>(1)</sup></span>, resulted in the total initial payment of US$ 1,326 (equivalent to R$ 6,283.6 million)<span style="font-size: 8pt;"><sup> (1)</sup></span>, which was settled on April 1, 2022. This amount is still subject to final working capital and net debt adjustments. The final payment of</span>&#160;US$<span>150</span><span> million (equivalent to R$ 710.8 million) (1), will be settled in April 2024. Oxiteno S.A.was controlled by the Company, which held a 100% interest in the Company.&#160;</span></span></span></p>
<p style="margin: 10pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"><span><span style="font-family: 'times new roman', times; font-size: 10pt;"><span><span style="font-size: 9pt;">(1) As of the closing date of the transaction, the amount converted into Reais using the exchange rate of US$ <span style="border-right: none; border-left: none;">1.00</span> to R$ 4.74, which implies a closing value of R$ 6,283.6 million for the initial payment.</span><br/></span></span></span></p>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147276931512">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Presentation of Financial Statements and Summary of Significant Accounting Policies<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
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<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2. Presentation </span><span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">of </span><span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">f</span><span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">inancial </span><span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">statements</span><span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"> and </span><span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">s</span><span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">ummary </span><span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">of </span><span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">s</span><span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">ignificant </span><span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">a</span><span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">ccounting </span><span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">p</span><span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">olicies</span><br/></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The consolidated </span><span style="font-family: 'Times New Roman';">financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';"> (&#8220;financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';">&#8221;)</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">were prepared</span><span style="font-family: 'Times New Roman';"> in accordance with </span><span style="font-family: 'Times New Roman';">the </span><span style="font-family: 'Times New Roman';">International </span><span style="font-family: 'Times New Roman';">Financial Reporting</span><span style="font-family: 'Times New Roman';"> Standard</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> (&#8220;I</span><span style="font-family: 'Times New Roman';">FRS</span><span style="font-family: 'Times New Roman';">&#8221;) </span><span style="font-family: 'Times New Roman';">issued by the International Accounting Standards Board (&#8220;IASB&#8221;)</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The presentation currency of the Company&#8217;s </span><span style="font-family: 'Times New Roman';">financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">is the Brazilian Real</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> which is the Company&#8217;s functional currency.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The Company and its subsidiaries applied the accounting policies described below in a consistent manner for all </span><span style="font-family: 'Times New Roman';">years</span><span style="font-family: 'Times New Roman';"> presented in these </span><span style="font-family: 'Times New Roman';">financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The Company classified the transactions related to the purchase and sale agreements of Oxiteno and </span><span style="font-family: 'Times New Roman';">Extraf</span><span style="font-family: 'Times New Roman';">arma as current assets held for sale and discontinued operations</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">T</span><span style="font-family: 'Times New Roman';">he comparative information of the income and cash flow statements for the year ended December 31, 2020</span><span style="font-family: 'Times New Roman';"> and 2019</span><span style="font-family: 'Times New Roman';"> were re-presented for the purposes of applying IFRS 5 for consistency of presentation for all years presented as shown in Note 3.c.3.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">a. Recognition of revenue</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Revenue</span><span style="font-family: 'Times New Roman';"> of sales and services</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">rendered is measured at the value of the consideration that the Company's subsidiaries expect to be entitled to, net of sales returns, discounts</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> amortization of </span><span style="font-family: 'Times New Roman';">contractual assets with customers </span><span style="font-family: 'Times New Roman';">and other deduction</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';">, if applicable, being recognized as the entity fulfills its performance obligation and freight mode of delivery.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">At </span><span style="font-family: 'Times New Roman';">Ipiranga</span><span style="font-family: 'Times New Roman';">, the r</span><span style="font-family: 'Times New Roman';">evenue from sales of fuels and lubricants is recognized when the products are delivered to gas stations and to large consumers. </span><span style="font-family: 'Times New Roman';">At Ultragaz, r</span><span style="font-family: 'Times New Roman';">evenue from sales </span><span style="font-family: 'Times New Roman';">of LPG </span><span style="font-family: 'Times New Roman';">is recognized when the products are delivered to customers at home, to independent dealers and to industrial and commercial customers. </span><span style="font-family: 'Times New Roman';">At </span><span style="font-family: 'Times New Roman';">Extrafarma</span><span style="font-family: 'Times New Roman';">, the r</span><span style="font-family: 'Times New Roman';">evenue from sales of</span><span style="font-family: 'Times New Roman';"> pharmaceutical</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> is recognized when the products are delivered to end </span><span style="font-family: 'Times New Roman';">user </span><span style="font-family: 'Times New Roman';">customers</span><span style="font-family: 'Times New Roman';"> in own drugstores and when the</span><span style="font-family: 'Times New Roman';"> products</span><span style="font-family: 'Times New Roman';"> are delivered to independent resellers. </span><span style="font-family: 'Times New Roman';">At </span><span style="font-family: 'Times New Roman';">Oxiteno</span><span style="font-family: 'Times New Roman';">, the r</span><span style="font-family: 'Times New Roman';">evenue </span><span style="font-family: 'Times New Roman';">from sales </span><span style="font-family: 'Times New Roman';">of chemical products is recognized when the products are delivered to </span><span style="font-family: 'Times New Roman';">industrial</span><span style="font-family: 'Times New Roman';"> customers. </span><span style="font-family: 'Times New Roman';">At </span><span style="font-family: 'Times New Roman';">Ultracargo</span><span style="font-family: 'Times New Roman';">, t</span><span style="font-family: 'Times New Roman';">he revenue provided </span><span style="font-family: 'Times New Roman';">from </span><span style="font-family: 'Times New Roman';">storage services is recognized </span><span style="font-family: 'Times New Roman';">as </span><span style="font-family: 'Times New Roman';">services</span><span style="font-family: 'Times New Roman';"> are performed</span><span style="font-family: 'Times New Roman';">. At </span><span style="font-family: 'Times New Roman';">Abastece</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">a&#237;</span><span style="font-family: 'Times New Roman';">, the revenue provided from storage services of digital payments is recognized as services are performed. The </span><span style="font-family: 'Times New Roman';">breakdown</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> of revenue</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> from</span><span style="font-family: 'Times New Roman';"> sales and services</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">are</span><span style="font-family: 'Times New Roman';"> shown in N</span><span style="font-family: 'Times New Roman';">ote</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">32</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Amortization of contract</span><span style="font-family: 'Times New Roman';">ual</span><span style="font-family: 'Times New Roman';"> assets</span><span style="font-family: 'Times New Roman';"> with customers</span><span style="font-family: 'Times New Roman';"> for the exclusive rights in </span><span style="font-family: 'Times New Roman';">Ipiranga</span><span style="font-family: 'Times New Roman';">&#8217;</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">reseller service stations </span><span style="font-family: 'Times New Roman';">and the bonus</span><span style="font-family: 'Times New Roman';">es paid in performance obligation sales</span><span style="font-family: 'Times New Roman';"> are recognized </span><span style="font-family: 'Times New Roman';">in the income statement </span><span style="font-family: 'Times New Roman';">as a </span><span style="font-family: 'Times New Roman';">d</span><span style="font-family: 'Times New Roman';">eduction of the revenue </span><span style="font-family: 'Times New Roman';">from sale </span><span style="font-family: 'Times New Roman';">a</span><span style="font-family: 'Times New Roman';">ccord</span><span style="font-family: 'Times New Roman';">ing to </span><span style="font-family: 'Times New Roman';">the conditions established per terms of underlying&#160;</span><span style="font-family: 'Times New Roman';">agreements</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">(see Notes 2.f and </span><span style="font-family: 'Times New Roman';">12</span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The am/pm franchising upfront fee is recognized in profit or loss as the entity fulfills each performance obligation throughout the term of the agreements with the franchisees. For more information, see Note </span><span style="font-family: 'Times New Roman';">2</span><span style="font-family: 'Times New Roman';">4</span><span style="font-family: 'Times New Roman';">.a.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Deferred revenue from loyalty program is recognized in the income statement when the points are redeemed, on which occasion the costs incurred are also recognized in profit or loss. Deferred revenue of unredeemed points is also recognized in profit or loss when points expire. For more information, see Note </span><span style="font-family: 'Times New Roman';">2</span><span style="font-family: 'Times New Roman';">4</span><span style="font-family: 'Times New Roman';">.b.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Costs of products </span><span style="font-family: 'Times New Roman';">sold</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and services provided include goods (mainly fuels</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">lubricants</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> LPG</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> and pharmaceutical</span><span style="font-family: 'Times New Roman';"> products</span><span style="font-family: 'Times New Roman';">), raw materials (chemicals and petrochemicals) and production, distribution, storage</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> and </span><span style="font-family: 'Times New Roman';">fulfillment</span><span style="font-family: 'Times New Roman';"> costs.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Exchange variations and the results of derivative financ</span><span style="font-family: 'Times New Roman';">e</span><span style="font-family: 'Times New Roman';"> instruments are presented </span><span style="font-family: 'Times New Roman';">net </span><span style="font-family: 'Times New Roman';">in the statement of </span><span style="font-family: 'Times New Roman';">profit and loss</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">on</span><span style="font-family: 'Times New Roman';"> financ</span><span style="font-family: 'Times New Roman';">e</span><span style="font-family: 'Times New Roman';"> expenses.</span></span></p>

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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>

<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">b. Cash and </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">c</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ash </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">e</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">quivalents</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Include</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> cash, banks deposits</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> and short-term</span><span style="font-family: 'Times New Roman';"> up to 90 days of maturity from acquisition date</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> highly</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">liquid investments that are readily convertible into a known amount of cash and are subject to an insignificant risk of change in value. </span><span style="font-family: 'Times New Roman';">F</span><span style="font-family: 'Times New Roman';">or </span><span style="font-family: 'Times New Roman';">more</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">information</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">on cash and cash equivalents</span><span style="font-family: 'Times New Roman';">, see Note </span><span style="font-family: 'Times New Roman';">5</span><span style="font-family: 'Times New Roman';">.a</span><span style="font-family: 'Times New Roman';">.</span></span></p>

<p style="margin: 0cm 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', 'serif';"><br/></p>

<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">c. Financial assets</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">T</span><span style="font-family: 'Times New Roman';">he Company and its subsidiaries</span><span style="font-family: 'Times New Roman';"> evaluated the classification and measurement of financial assets</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">based on its business</span><span style="font-family: 'Times New Roman';"> model</span><span style="font-family: 'Times New Roman';"> of financial assets</span><span style="font-family: 'Times New Roman';"> as follows:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Amortized cost: financial assets held </span><span style="font-family: 'Times New Roman';">in order to</span><span style="font-family: 'Times New Roman';"> collect</span><span style="font-family: 'Times New Roman';"> contractual </span><span style="font-family: 'Times New Roman';">cash </span><span style="font-family: 'Times New Roman';">flows, </span><span style="font-family: 'Times New Roman';">solely</span><span style="font-family: 'Times New Roman';"> principal and interest. The interest earned and the foreign currency exchange variation are recognized in profit or loss and balances are stated at acquisition cost plus the interest earned, using the effective interest rate method.</span></span></li>
</ul>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Measured at fair value through other comprehensive income: financial assets that are acquired or originated for the purpose of </span><span style="font-family: 'Times New Roman';">collecting</span><span style="font-family: 'Times New Roman';"> contractual cash flows or </span><span style="font-family: 'Times New Roman';">selling financial assets</span><span style="font-family: 'Times New Roman';">. The balances are stated at fair value, and the interest earned</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> and the foreign currency exchange variation are recognized in profit or loss. Differences between fair value and </span><span style="font-family: 'Times New Roman';">initial </span><span style="font-family: 'Times New Roman';">amount</span><span style="font-family: 'Times New Roman';"> of financial investments</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">plus the interest earned are recognized</span><span style="font-family: 'Times New Roman';"> in equity</span><span style="font-family: 'Times New Roman';"> in other comprehensive income in the &#8220;Other reserves&#8221;. Accumulated gains and losses recognized in equity are reclassified to profit or loss at the time of their settlement. Substantially the financial investments in Bank Certificates</span><span style="font-family: 'Times New Roman';"> of Deposit</span><span style="font-family: 'Times New Roman';"> (</span><span style="font-family: 'Times New Roman';">&#8220;</span><span style="font-family: 'Times New Roman';">CDB</span><span style="font-family: 'Times New Roman';">&#8221;</span><span style="font-family: 'Times New Roman';">) and repurchase agreements are classified as measured at fair value through other comprehensive income.</span></span></li>
</ul>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Measured at fair value through profit or loss: financial assets </span><span style="font-family: 'Times New Roman';">that were </span><span style="font-family: 'Times New Roman';">not classified as amortized cost or measured at fair value through other comprehensive income. </span><span style="font-family: 'Times New Roman';">The b</span><span style="font-family: 'Times New Roman';">alances are stated at fair value and both </span><span style="font-family: 'Times New Roman';">the interest</span><span style="font-family: 'Times New Roman';"> earned and </span><span style="font-family: 'Times New Roman';">the </span><span style="font-family: 'Times New Roman';">exchange variations and changes in fair value are r</span><span style="font-family: 'Times New Roman';">ecognized</span><span style="font-family: 'Times New Roman';"> in the income statement. Investment funds and derivative</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> are classified as measured at fair value through profit or loss.</span></span></li>
</ul>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The Company and its subsidiaries use financial instruments for hedging purposes, applying the concepts described below:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Hedge accounting &#8211; fair value hedge: financial instruments used to hedge exposure to changes in the fair value of an item, attributable to a particular risk, which can affect the entity&#8217;s </span><span style="font-family: 'Times New Roman';">statements of </span><span style="font-family: 'Times New Roman';">profit or loss. In the initial designation of the fair value hedge, the relationship between the hedging instrument and the hedged item is documented, including the objectives of risk management, the strategy in conducting the transaction, and the methods to be used to evaluate its effectiveness. Once the fair value hedge has been qualified as effective, the hedge item is also measured at fair value. Gains and losses from hedge instruments and hedge items are recognized </span><span style="font-family: 'Times New Roman';">the statements of </span><span style="font-family: 'Times New Roman';">profit or loss. The hedge accounting must be discontinued when the hedge becomes ineffective.</span></span></li>
</ul>
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<p style="margin: 0pt; text-align: justify;"><br/></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Hedge accounting &#8211; cash flow hedge: financial instruments used to hedge the exposure to variability in cash flows that is attributable to a risk associated with an asset or liability or highly probable transaction </span><span style="font-family: 'Times New Roman';">or firm commitment </span><span style="font-family: 'Times New Roman';">that may affect the </span><span style="font-family: 'Times New Roman';">statements of profit or loss</span><span style="font-family: 'Times New Roman';">. The portion of the gain or loss on the hedging instrument that is determined to be effective relating to the effects of exchange rate effect, is recognized directly in equity in accumulated other comprehensive income as &#8220;Other reserves&#8221; while the ineffective portion is recognized in </span><span style="font-family: 'Times New Roman';">the statements of </span><span style="font-family: 'Times New Roman';">profit or loss. Gains or losses on the hedging instrument relating to the effective portion of this hedge that had been recognized directly in accumulated other comprehensive income shall be recognized in </span><span style="font-family: 'Times New Roman';">the statements of </span><span style="font-family: 'Times New Roman';">profit or loss in the period in which the hedged item is recognized in profit or loss or as initial cost of non-financial assets, in the same line of the statement that the hedged item is recognized. The hedge accounting shall be discontinued when (</span><span style="font-family: 'Times New Roman';">i</span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">the hedging relationship</span><span style="font-family: 'Times New Roman';"> is canceled</span><span style="font-family: 'Times New Roman';">; (ii) the hedging instrument expires</span><span style="font-family: 'Times New Roman';"> or</span><span style="font-family: 'Times New Roman';"> (iii) the hedging instrument no longer qualifies for hedge accounting. When hedge accounting is discontinued, gains and losses recognized </span><span style="font-family: 'Times New Roman';">in equity</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">in other comprehensive income are reclassified to </span><span style="font-family: 'Times New Roman';">the statements of </span><span style="font-family: 'Times New Roman';">profit or loss in the period which the hedged item is recognized in profit or loss. If the transaction hedged is canceled or is not expected to occur, the cumulative gains and losses </span><span style="font-family: 'Times New Roman';">in equity</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">in other comprehensive income shall be recognized immediately in profit or loss.</span></span></li>
</ul>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Hedge accounting &#8211; hedge of net investments in foreign operation: financial instruments used to hedge exposure on net investments in foreign subsidiaries </span><span style="font-family: 'Times New Roman';">due to the fact that</span><span style="font-family: 'Times New Roman';"> the local functional currency is different from the functional currency of the Company. The portion of the gain or loss on the hedging instrument that is determined to be effective, referring to the exchange rate effect, is recognized directly in equity in accumulated other comprehensive income as cumulative translation adjustments, while the ineffective portion and the operating costs are recognized </span><span style="font-family: 'Times New Roman';">the statements of </span><span style="font-family: 'Times New Roman';">profit or loss. The gain or loss on the hedging instrument that has been recognized directly in accumulated other comprehensive income shall be recognized in </span><span style="font-family: 'Times New Roman';">the statements of profit or loss</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">when the</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">disposal of the foreign </span><span style="font-family: 'Times New Roman';">subsidiary occur</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';">.</span></span></li>
</ul>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">For </span><span style="font-family: 'Times New Roman';">more</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">information on </span><span style="font-family: 'Times New Roman';">financial instruments, see Note 33</span><span style="font-family: 'Times New Roman';">.</span></span></p>

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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>

<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">d. Trade receivables and reseller financing</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Trade receivables are recognized at the amount invoiced</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">to</span><span style="font-family: 'Times New Roman';"> the counterparty that the Company and subsidiaries are entitled</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">(see Notes </span><span style="font-family: 'Times New Roman';">6</span><span style="font-family: 'Times New Roman';">.a</span><span style="font-family: 'Times New Roman';"> and 33</span><span style="font-family: 'Times New Roman';">.d.3)</span><span style="font-family: 'Times New Roman';">. </span><span style="font-family: 'Times New Roman';">The </span><span style="font-family: 'Times New Roman';">loss allowance for expected credit losses</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">consider</span><span style="font-family: 'Times New Roman';"> the expect</span><span style="font-family: 'Times New Roman';">ed</span><span style="font-family: 'Times New Roman';"> losses for the next 12 months </span><span style="font-family: 'Times New Roman';">take into account</span><span style="font-family: 'Times New Roman';"> the deterioration or improvement of the </span><span style="font-family: 'Times New Roman';">customers&#8217; </span><span style="font-family: 'Times New Roman';">credit quality</span><span style="font-family: 'Times New Roman';">, considering the customers&#8217; </span><span style="font-family: 'Times New Roman';">characteristics in each business segment</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';"> The amount</span><span style="font-family: 'Times New Roman';"> of the </span><span style="font-family: 'Times New Roman';">expected</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">credit losses</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">is deemed by management to be sufficient to cover any loss on realization of trade receivables.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Reseller financing is provided at subsidized rate for renovation and upgrading of service stations, purchase of products and development of the automotive fuels and lubricants distribution market (see Notes </span><span style="font-family: 'Times New Roman';">6</span><span style="font-family: 'Times New Roman';">.b and 33</span><span style="font-family: 'Times New Roman';">.d.3). The terms of reseller financing range between 12 and 60 months, with an average term of 40 months. The minimum and maximum subsidized interest rates are 0% per month and 1% per month respectively. These financing are remeasured at a market rate for working capital loans and the remeasurement adjustment between the market rate and the rate subsidized is recognized as a reduction to the reseller&#8217;s revenue at the beginning of the contract. Throughout the contract, the interest appropriated by the market rate is recognized to the financial result.</span></span></p>

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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">e. Inventories</span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Inventories are stated at the lower of acquisition cost or net realizable value</span><span style="font-family: 'Times New Roman';"> (see Note </span><span style="font-family: 'Times New Roman';">7</span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';">. The cost value of inventory is measured using the weighted average cost and includes the costs of acquisition and processing directly </span><span style="font-family: 'Times New Roman';">and indirectly </span><span style="font-family: 'Times New Roman';">related to the units produced based on the normal capacity of production. Estimates of net realizable value are based on the average selling prices at the end of the reporting period, net of applicable direct selling expenses. Subsequent events related to the fluctuation of prices and costs are also considered, if relevant. If net realizable values are below inventory costs, a provision corresponding to this difference is recognized. Provisions are also made for obsolescence of products, materials</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> or supplies that (</span><span style="font-family: 'Times New Roman';">i</span><span style="font-family: 'Times New Roman';">) do not meet its subsidiaries&#8217; specifications, (ii) have exceeded their expiration date</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> or (iii) are considered slow-moving inventory. This classification is made by management with the support of its industrial </span><span style="font-family: 'Times New Roman';">and operation</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">team</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';">.</span></span></p>

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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">f. Contractual assets with customers &#8211; exclusive rights</span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Exclusive rights disbursements as provided in </span><span style="font-family: 'Times New Roman';">Ipiranga&#8217;s</span><span style="font-family: 'Times New Roman';"> agreements with reseller service stations and major consumers are recognized as </span><span style="font-family: 'Times New Roman';">contractual assets</span><span style="font-family: 'Times New Roman';"> when paid and amortized according to the conditions established in the agreements (see Note </span><span style="font-family: 'Times New Roman';">2.a and </span><span style="font-family: 'Times New Roman';">12</span><span style="font-family: 'Times New Roman';">).</span></span></p>

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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">g. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"> </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">A</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ssets</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"> and liabilities</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"> held for sale and discontinued operations</span></span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Non-current assets and related liabilities are classified as held for sale if it is highly probable that their book value will be recovered, primarily</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> through a sale transaction rather than continued use. The classification criteria are met only when the sale is highly probable, the asset or group of assets is held for immediate sale in its current condition and the sale is expected to occur within 12 months after classification as held for sale.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">A line of business or subsidiary is classified a discontinued operation when the sale occurs of a component of the company that represents an important separate line of business or when the operation meets the criteria to be classified as held for sale. Reclassification occurred in 2021, and once classified as discontinued operations the results and cash flows are presented separately based on the classification of the respective assets and liabilities held for sale.</span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Assets and liabilities held for sale and discontinued operations are measured at the lower of the</span><span style="font-family: 'Times New Roman';"> book value</span><span style="font-family: 'Times New Roman';"> and fair value, net of selling expenses, and presented separately in the </span><span style="font-family: 'Times New Roman';">statements of financial position</span><span style="font-family: 'Times New Roman';">.</span></span></p>

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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">h</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. Investments</span></span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Investments in associates and joint ventures are accounted for under the equity method of accounting in the </span><span style="font-family: 'Times New Roman';">financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';"> (see Note </span><span style="font-family: 'Times New Roman';">13</span><span style="font-family: 'Times New Roman';"> items </span><span style="font-family: 'Times New Roman';">a</span><span style="font-family: 'Times New Roman';"> and </span><span style="font-family: 'Times New Roman';">b</span><span style="font-family: 'Times New Roman';">). An associate is an investment, in which an investor has significant influence, that is, has the power to participate in the financial and operating decisions of the investee but does not exercise control. A joint venture is an investment in which the shareholders have the right to net assets on behalf of a joint control. Joint control is the agreement, which establish that decisions about the relevant activities of the investee require the consent from the parties that share control.</span></span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Other investments are stated at acquisition cost less provision for </span><span style="font-family: 'Times New Roman';">losses, unless</span><span style="font-family: 'Times New Roman';"> the loss is considered temporary.</span></span></p>

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<p style="margin: 0cm 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', 'serif';"><br/></p>

<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">i</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. Right</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">-of-</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">use assets and lease</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">s</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"> payable</span></span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The </span><span style="font-family: 'Times New Roman';">Company and its </span><span style="font-family: 'Times New Roman';">subsidiaries recognized in the financial position, right</span><span style="font-family: 'Times New Roman';">-of-</span><span style="font-family: 'Times New Roman';">use assets and the </span><span style="font-family: 'Times New Roman';">respective lease</span><span style="font-family: 'Times New Roman';"> liabilities</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">initially measured at the present value of future lease payments, considering the related contract costs (see Note </span><span style="font-family: 'Times New Roman';">14</span><span style="font-family: 'Times New Roman';">). </span><span style="font-family: 'Times New Roman';">The amortization expenses of right</span><span style="font-family: 'Times New Roman';">-of-</span><span style="font-family: 'Times New Roman';">use assets is recognized in statement of profit or loss </span><span style="font-family: 'Times New Roman';">over the lease contract term</span><span style="font-family: 'Times New Roman';">. When the right-of-use asset is used</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">in</span><span style="font-family: 'Times New Roman';"> the</span><span style="font-family: 'Times New Roman';"> construction of the </span><span style="font-family: 'Times New Roman';">property, plant, and equipment</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">(&#8220;PP&amp;E&#8221;)</span><span style="font-family: 'Times New Roman';">, its amortization is capitalized until</span><span style="font-family: 'Times New Roman';"> the asset under construction </span><span style="font-family: 'Times New Roman';">is</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">completed</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">The liability is increased for interest and </span><span style="font-family: 'Times New Roman';">decreased by lease</span><span style="font-family: 'Times New Roman';"> payments</span><span style="font-family: 'Times New Roman';"> made</span><span style="font-family: 'Times New Roman';">. The </span><span style="font-family: 'Times New Roman';">interests</span><span style="font-family: 'Times New Roman';"> are recognized in the statement of profit or loss using the effective interest rate method.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">The remeasurement of assets and liabilities based on the contractual index is recognized in the financial position, not having an effect in the result. In case of cancellation of the contract, the assets and respective liabilities are written off to the result</span><span style="font-family: 'Times New Roman';">, considering, if it is the case, any penalties provided in contractual clauses. </span><span style="font-family: 'Times New Roman';">The Company and its subsidiaries have no intention in purchasing the underlying asset. </span><span style="font-family: 'Times New Roman';">The Company and its subsidiaries </span><span style="font-family: 'Times New Roman';">periodically </span><span style="font-family: 'Times New Roman';">review the existence of an indication that the righ</span><span style="font-family: 'Times New Roman';">t</span><span style="font-family: 'Times New Roman';">-of-</span><span style="font-family: 'Times New Roman';">use assets may </span><span style="font-family: 'Times New Roman';">be impaired</span><span style="font-family: 'Times New Roman';"> (see </span><span style="font-family: 'Times New Roman';">N</span><span style="font-family: 'Times New Roman';">ote 2.</span><span style="font-family: 'Times New Roman';">v</span><span style="font-family: 'Times New Roman';">).</span></span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Right</span><span style="font-family: 'Times New Roman';">-of-</span><span style="font-family: 'Times New Roman';">use assets include amo</span><span style="font-family: 'Times New Roman';">u</span><span style="font-family: 'Times New Roman';">nts related to </span><span style="font-family: 'Times New Roman';">area port leases</span><span style="font-family: 'Times New Roman';"> grants (see Note 34</span><span style="font-family: 'Times New Roman';">.c)</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The </span><span style="font-family: 'Times New Roman';">Company and its </span><span style="font-family: 'Times New Roman';">subsidiaries </span><span style="font-family: 'Times New Roman';">apply </span><span style="font-family: 'Times New Roman';">the </span><span style="font-family: 'Times New Roman';">recognition </span><span style="font-family: 'Times New Roman';">exemptions </span><span style="font-family: 'Times New Roman';">to </span><span style="font-family: 'Times New Roman';">short-term leases of 12 months or less and lease </span><span style="font-family: 'Times New Roman';">contracts </span><span style="font-family: 'Times New Roman';">of low amount assets. In these cases, the recognition of the lease expense in the statements of profit or loss is on a straight-line basis.</span></span><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';"><br/></span></span></p>
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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">j</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Property, plant, and equipment</span></span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">PP&amp;E </span><span style="font-family: 'Times New Roman';">is recognized at acquisition or construction cost, including </span><span style="font-family: 'Times New Roman';">capitalization of right-of-use assets and </span><span style="font-family: 'Times New Roman';">financial charges incurred on </span><span style="font-family: 'Times New Roman';">PP&amp;E</span><span style="font-family: 'Times New Roman';"> under construction, as well as </span><span style="font-family: 'Times New Roman';">qualifying</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">maintenance costs resulting from scheduled plant outages and estimated costs to remove, to decommission</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> or to restore assets (see Note</span><span style="font-family: 'Times New Roman';">s 2.</span><span style="font-family: 'Times New Roman';">o</span><span style="font-family: 'Times New Roman';"> and</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">22</span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">less </span><span style="font-family: 'Times New Roman';">accumulated depreciation and, when applicable, </span><span style="font-family: 'Times New Roman';">less</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">provision for </span><span style="font-family: 'Times New Roman';">losses</span><span style="font-family: 'Times New Roman';"> (see Note </span><span style="font-family: 'Times New Roman';">15</span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Depreciation is calculated using the straight-line method, </span><span style="font-family: 'Times New Roman';">over </span><span style="font-family: 'Times New Roman';">the periods mentioned in Note </span><span style="font-family: 'Times New Roman';">15</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">taking into account</span><span style="font-family: 'Times New Roman';"> the </span><span style="font-family: 'Times New Roman';">estimated </span><span style="font-family: 'Times New Roman';">useful li</span><span style="font-family: 'Times New Roman';">ves</span><span style="font-family: 'Times New Roman';"> of the assets, which are reviewed annually.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Lease</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">hold improvements are depreciated over the shorter of the lease contract term and useful life of the property.</span></span></p>

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<p style="margin: 0cm 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', 'serif';"><br/></p>

<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">k</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Intangible </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">a</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ssets</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Intangible assets include assets acquired by the Company and its subsidiaries from third parties,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and </span><span style="font-family: 'Times New Roman';">are recognized</span><span style="font-family: 'Times New Roman';"> according to the criteria below:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Goodwill is shown as intangible assets corresponding to the positive difference between the amount paid or payable to the seller and the fair value of the </span><span style="font-family: 'Times New Roman';">identifiable</span><span style="font-family: 'Times New Roman';"> assets and liabilities assumed of the acquired entity. Goodwill is tested annually for impairment. Goodwill is allocated to the business segments, which represent the lowest level that goodwill is monitored for impairment testing purposes (see Note </span><span style="font-family: 'Times New Roman';">16</span><span style="font-family: 'Times New Roman';">.a).</span></span></li>
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<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Other intangible assets acquired from third parties, such as </span><span style="font-family: 'Times New Roman';">software</span><span style="font-family: 'Times New Roman';">, technology, and commercial property rights, are measured at the total acquisition cost and amortized using straight-line method, over the periods mentioned in Note </span><span style="font-family: 'Times New Roman';">16</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">taking into account</span><span style="font-family: 'Times New Roman';"> their useful lives, which are reviewed annually.</span></span></li>
</ul>
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<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The </span><span style="font-family: 'Times New Roman';">d</span><span style="font-family: 'Times New Roman';">ecarbonization </span><span style="font-family: 'Times New Roman';">c</span><span style="font-family: 'Times New Roman';">redits (</span><span style="font-family: 'Times New Roman';">&#8220;</span><span style="font-family: 'Times New Roman';">CBIOS</span><span style="font-family: 'Times New Roman';">&#8221;</span><span style="font-family: 'Times New Roman';">) acquired are recorded at historical cost in intangible assets</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">retired in the year to </span><span style="font-family: 'Times New Roman';">fulfillment</span><span style="font-family: 'Times New Roman';"> the individual target set by the National Agency </span><span style="font-family: 'Times New Roman';">of</span><span style="font-family: 'Times New Roman';"> Petroleum, Natural Gas and Biofuels (&#8220;ANP&#8221;)</span><span style="font-family: 'Times New Roman';"> and are not amortized. These assets are used to settle</span><span style="font-family: 'Times New Roman';"> of</span><span style="font-family: 'Times New Roman';"> the </span><span style="font-family: 'Times New Roman';">annual deca</span><span style="font-family: 'Times New Roman';">r</span><span style="font-family: 'Times New Roman';">bonization obligation adopted by Brazilian National Biofuels Policy </span><span style="font-family: 'Times New Roman';">(&#8220;</span><span style="font-family: 'Times New Roman';">RenovaBio</span><span style="font-family: 'Times New Roman';">&#8221;), </span><span style="font-family: 'Times New Roman';">implemented by Law No. </span><span style="font-family: 'Times New Roman';">13,576/2017, with additional regulations established by Decree No. 9,888/2019 and Ordinance No. 419 of November 20, </span><span style="font-family: 'Times New Roman';">2019</span><span style="font-family: 'Times New Roman';"> issued by the Brazilian Ministry of Mines and Energy</span><span style="font-family: 'Times New Roman';">.</span></span></li>
</ul>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The Company and its subsidiaries have not recognized intangible assets that were </span><span style="font-family: 'Times New Roman';">generated</span><span style="font-family: 'Times New Roman';"> internally. </span><span style="font-family: 'Times New Roman';">The Company and its subsidiaries have goodwill and brands acquired in business combination</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';">, which are evaluated as intangible assets with indefinite useful life (see Note </span><span style="font-family: 'Times New Roman';">16</span><span style="font-family: 'Times New Roman';"> items </span><span style="font-family: 'Times New Roman';">a</span><span style="font-family: 'Times New Roman';"> and </span><span style="font-family: 'Times New Roman';">e</span><span style="font-family: 'Times New Roman';">).</span></span></p>

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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">l</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Other assets</span></span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Other assets are stated at the lower of cost and realizable value, including, if applicable, interest earned, monetary changes and changes in exchange rates incurred, less the provisions for losses and, if applicable, adjusted to present value.</span></p>

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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">m</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Financial </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">l</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">iabilities</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The financial liabilities include trade payables, other payables, financing, loans, debentures</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">leases</span><span style="font-family: 'Times New Roman';"> payable</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and </span><span style="font-family: 'Times New Roman';">derivative financial </span><span style="font-family: 'Times New Roman';">instruments. Financial liabilities are classified as &#8220;financial liabilities at fair value through profit or loss&#8221; or &#8220;financial liabilities at amorti</span><span style="font-family: 'Times New Roman';">z</span><span style="font-family: 'Times New Roman';">ed cost&#8221;. The financial liabilities at fair value through profit or loss refer to derivative financial instruments</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">subscription warrants</span><span style="font-family: 'Times New Roman';"> - indemnification</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">and financial liabilities designated as hedged items in a fair value hedge relationship upon initial recognition (see Note 2.c &#8211; </span><span style="font-family: 'Times New Roman';">F</span><span style="font-family: 'Times New Roman';">air </span><span style="font-family: 'Times New Roman';">V</span><span style="font-family: 'Times New Roman';">alue </span><span style="font-family: 'Times New Roman';">H</span><span style="font-family: 'Times New Roman';">edge). The financial liabilities at amorti</span><span style="font-family: 'Times New Roman';">z</span><span style="font-family: 'Times New Roman';">ed cost are stated at the initial transaction amount plus related charges and </span><span style="font-family: 'Times New Roman';">net of amortization and </span><span style="font-family: 'Times New Roman';">transaction costs. The charges are recognized in </span><span style="font-family: 'Times New Roman';">the statement of </span><span style="font-family: 'Times New Roman';">profit or loss using the effective interest rate method.</span></span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Transaction costs incurred and directly attributable to the activities necessary for contracting loans or for issuing bonds, as well as premiums and discounts upon issuance of debentures and other debt, are allocated to the instrument and amortized </span><span style="font-family: 'Times New Roman';">in the statement of</span><span style="font-family: 'Times New Roman';"> profit or loss </span><span style="font-family: 'Times New Roman';">taking into</span><span style="font-family: 'Times New Roman';"> its term,</span><span style="font-family: 'Times New Roman';">&#160;</span><span style="font-family: 'Times New Roman';">using the effective interest rate method</span><span style="font-family: 'Times New Roman';"> (see Note </span><span style="font-family: 'Times New Roman';">17</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';">h</span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';">.</span></span></p>

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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">n</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Income and </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">s</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ocial </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">c</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ontribution </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">t</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">axes on </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">i</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ncome</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Current and deferred income tax (&#8220;IRPJ&#8221;) and social contribution on net income tax (&#8220;CSLL&#8221;) are calculated based on their current rates</span><span style="font-family: 'Times New Roman';">. For the calculation of current IRPJ</span><span style="font-family: 'Times New Roman';">, the value of tax incentives</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">is</span><span style="font-family: 'Times New Roman';"> also considered</span><span style="font-family: 'Times New Roman';">. At the end of the fiscal year the portion of the profit corresponding to these investment grants is allocated to the constitution of a tax incentive reserve in subsidiaries shareholders' equity and is excluded from the dividend calculation base and subsequently capitalized. Taxes are recognized based on the rates of IRPJ and CSLL provided for by the laws enacted on the last day of the </span><span style="font-family: 'Times New Roman';">financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';">. </span><span style="font-family: 'Times New Roman';">The current rates in Brazil are 25% for </span><span style="font-family: 'Times New Roman';">IRPJ</span><span style="font-family: 'Times New Roman';"> and 9% for </span><span style="font-family: 'Times New Roman';">CSLL</span><span style="font-family: 'Times New Roman';">. </span><span style="font-family: 'Times New Roman';">For </span><span style="font-family: 'Times New Roman';">more</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">information</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">about recognition and realization of IRPJ and CSLL see Note </span><span style="font-family: 'Times New Roman';">10</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">For purposes of disclosure deferred tax assets were offset against the deferred tax liability </span><span style="font-family: 'Times New Roman';">IRPJ</span><span style="font-family: 'Times New Roman';"> and </span><span style="font-family: 'Times New Roman';">CSLL</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">in</span><span style="font-family: 'Times New Roman';"> the same taxable entity and the same tax authority.</span></span></p>

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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">o</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Provision for </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">a</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">sset </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">r</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">et</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">i</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">rement </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">o</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">bligation &#8211; fuel tanks</span></span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The subsidiar</span><span style="font-family: 'Times New Roman';">y </span><span style="font-family: 'Times New Roman';">Ipiranga</span><span style="font-family: 'Times New Roman';"> ha</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> the legal obligation to remove </span><span style="font-family: 'Times New Roman';">the</span><span style="font-family: 'Times New Roman';"> underground fuel tanks located at </span><span style="font-family: 'Times New Roman';">Ipiranga</span><span style="font-family: 'Times New Roman';">-branded service stations after a certain period. The estimated cost of the obligation to remove these fuel tanks is recognized as a liability when </span><span style="font-family: 'Times New Roman';">the </span><span style="font-family: 'Times New Roman';">tanks are installed. The estimated cost is recognized in </span><span style="font-family: 'Times New Roman';">PP&amp;E</span><span style="font-family: 'Times New Roman';"> and depreciated over the respective useful li</span><span style="font-family: 'Times New Roman';">ves</span><span style="font-family: 'Times New Roman';"> of the asset. The amounts recognized as a liability </span><span style="font-family: 'Times New Roman';">accrue </span><span style="font-family: 'Times New Roman';">inflation effect</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">using the</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Amplified</span><span style="font-family: 'Times New Roman';"> Consumer Price Index </span><span style="font-family: 'Times New Roman';">(&#8220;</span><span style="font-family: 'Times New Roman';">IPCA</span><span style="font-family: 'Times New Roman';">&#8221;)</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">until the tank is removed (see Note</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">22</span><span style="font-family: 'Times New Roman';">). The estimated removal cost is reviewed and updated annually or when there is significant change in its amount</span><span style="font-family: 'Times New Roman';"> and change in the estimated cost</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> are recognized in </span><span style="font-family: 'Times New Roman';">statements of profit or loss</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">when they become known</span><span style="font-family: 'Times New Roman';">.</span></span></p>

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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">p</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Provisions for tax, civil, and labor risks</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">A provision for tax, civil and labor risks is recognized for quantifiable risks, when the chance of loss is more-likely-than-not in the opinion of management and internal and external legal counsel, and the amounts are recognized based on </span><span style="font-family: 'Times New Roman';">the </span><span style="font-family: 'Times New Roman';">evaluation of the outcomes of the legal proceedings (see Note </span><span style="font-family: 'Times New Roman';">23</span><span style="font-family: 'Times New Roman';">).</span></span></p>

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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">q</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Post-employment benefits</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Post-employment benefits granted and to be granted to employees, retirees, and pensioners are based on an actuarial calculation prepared by an independent actuary</span><span style="font-family: 'Times New Roman';"> and reviewed by management</span><span style="font-family: 'Times New Roman';">, using the projected unit credit method (see Note </span><span style="font-family: 'Times New Roman';">21</span><span style="font-family: 'Times New Roman';">.b). The actuarial gains and losses are recognized in </span><span style="font-family: 'Times New Roman';">equity in </span><span style="font-family: 'Times New Roman';">cumulative </span><span style="font-family: 'Times New Roman';">other comprehensive income</span><span style="font-family: 'Times New Roman';"> in the &#8220;Other reserves&#8221;</span><span style="font-family: 'Times New Roman';">.</span></span></p>

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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">r</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Other </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">l</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">iabilities</span></span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Other liabilities are stated at known or measurable amounts and changes in exchange rates incurred. When applicable, other liabilities are recognized at present value</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> based on interest rates that reflect the term, currency</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> and risk of each transaction.</span></span></p>

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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">s</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Foreign currency transactions</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Foreign currency transactions carried out by the </span><span style="font-family: 'Times New Roman';">Company</span><span style="font-family: 'Times New Roman';"> or its subsidiaries are remeasured into their functional currency at the exchange rate prevailing at the date of each transaction. Outstanding monetary assets and liabilities of the Company and its subsidiaries are translated using the exchange rate at the </span><span style="font-family: 'Times New Roman';">date</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">of the</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';">. The effect of the difference between those exchange rates is recognized in </span><span style="font-family: 'Times New Roman';">financial results</span><span style="font-family: 'Times New Roman';"> until the conclusion of each transaction.</span></span></p>

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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">t</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Basis for </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">t</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ranslation of </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">f</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">inancial </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">statements</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"> of </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">f</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">oreign </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">s</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ubsidiaries</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">t</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">.1 Subsidiaries with administrative </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">autonomy</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Assets and liabilities of the foreign subsidiaries denominated in currencies other than Brazilian Real which have administrative </span><span style="font-family: 'Times New Roman';">autonomy</span><span style="font-family: 'Times New Roman';">&#160;are translated using the exchange rate at the </span><span style="font-family: 'Times New Roman';">date of the </span><span style="font-family: 'Times New Roman';">financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';">. Revenues and expenses are translated using the average exchange rate of each </span><span style="font-family: 'Times New Roman';">year</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and equity </span><span style="font-family: 'Times New Roman';">is</span><span style="font-family: 'Times New Roman';"> translated at the historic</span><span style="font-family: 'Times New Roman';">al</span><span style="font-family: 'Times New Roman';"> exchange rate of each transaction affecting equity. Gains and losses resulting from changes in these foreign investments are directly recognized in equity </span><span style="font-family: 'Times New Roman';">in the &#8220;</span><span style="font-family: 'Times New Roman';">cumulative translation adjustments</span><span style="font-family: 'Times New Roman';">&#8221;</span><span style="font-family: 'Times New Roman';"> and will be recognized in profit or loss </span><span style="font-family: 'Times New Roman';">if and when</span><span style="font-family: 'Times New Roman';"> these investments are disposed of. The balance in </span><span style="font-family: 'Times New Roman';">cumulative </span><span style="font-family: 'Times New Roman';">translation adjustments</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">on </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">3</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">20</span><span style="font-family: 'Times New Roman';">2</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">was </span><span style="font-family: 'Times New Roman';">a </span><span style="font-family: 'Times New Roman';">gain</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">of R$ </span><span style="font-family: 'Times New Roman';">304,645</span><span style="font-family: 'Times New Roman';">&#160;</span><span style="font-family: 'Times New Roman';">(gain of R$ </span><span style="font-family: 'Times New Roman';">231,596</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">on December 31, 20</span><span style="font-family: 'Times New Roman';">20</span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and is related to the subsidiaries </span><span style="font-family: 'Times New Roman';">Oxiteno</span><span style="font-family: 'Times New Roman';"> which on December 31, 2021 were classified as assets and liabilities held for sale. </span><span style="font-family: 'Times New Roman';">S</span><span style="font-family: 'Times New Roman';">ee Note</span><span style="font-family: 'Times New Roman';">s 3 and</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">26</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';">g</span><span style="font-family: 'Times New Roman';">.2</span><span style="font-family: 'Times New Roman';">.</span></span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The foreign subsidiaries with functional currency different from the Company and which have administrative </span><span style="font-family: 'Times New Roman';">autonomy</span><span style="font-family: 'Times New Roman';">&#160;are listed below:</span></span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold; text-decoration: underline;"> Subsidiary </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Functiona</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">l</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> currency </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Location </span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"> Oxiteno M&#233;xico S.A. de C.V. </span></p>
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<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Mexican Peso </span></p>
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<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Mexico </span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"> &#160;&#160;&#160;Oxiteno Servicios Corporativos S.A. de C.V. </span></p>
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<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Mexican Peso </span></p>
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<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Mexico </span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"> &#160;&#160;&#160;Oxiteno Servicios Industriales S.A. de C.V. </span></p>
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<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Mexican Peso </span></p>
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<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Mexico </span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"> &#160;&#160;&#160;Oxiteno USA LLC </span></p>
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<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> U.S. Dollar </span></p>
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<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> United States </span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"> Oxiteno Uruguay S.A. (i) </span></p>
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<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> U.S. Dollar </span></p>
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<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Uruguay </span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt 14.2pt; text-align: justify; text-indent: -14.2pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">(i) </span><span style="font-family: 'Times New Roman';">The subsidiary Oxiteno Uruguay S.A. (&#8220;Oxiteno Uruguay&#8221;) determined its functional currency as the U.S. dollar</span><span style="font-family: 'Times New Roman';"> (&#8220;US$&#8221;)</span><span style="font-family: 'Times New Roman';">, as its </span><span style="font-family: 'Times New Roman';">inventory </span><span style="font-family: 'Times New Roman';">sales, purchases of </span><span style="font-family: 'Times New Roman';">raw material inputs</span><span style="font-family: 'Times New Roman';">, and financing activities are performed substantially in this currency.</span></span></p>

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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">t</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">.2 </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Subsidiaries without administrative </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">autonomy</span></span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Assets and liabilities of the other foreign subsidiaries, which do not have administrative </span><span style="font-family: 'Times New Roman';">autonomy</span><span style="font-family: 'Times New Roman';">, are considered an </span><span style="font-family: 'Times New Roman';">extension</span><span style="font-family: 'Times New Roman';"> of the activities of their parent </span><span style="font-family: 'Times New Roman';">company</span><span style="font-family: 'Times New Roman';"> and are translated using the exchange rate at the </span><span style="font-family: 'Times New Roman';">date of the </span><span style="font-family: 'Times New Roman';">financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';">. Gains and losses resulting from changes in these foreign investments are directly recognized as financial </span><span style="font-family: 'Times New Roman';">result</span><span style="font-family: 'Times New Roman';">. </span><span style="font-family: 'Times New Roman';">T</span><span style="font-family: 'Times New Roman';">he </span><span style="font-family: 'Times New Roman';">gain</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">recognized in </span><span style="font-family: 'Times New Roman';">income </span><span style="font-family: 'Times New Roman';">for the </span><span style="font-family: 'Times New Roman';">year</span><span style="font-family: 'Times New Roman';"> ended </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">3</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';">, 2021</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">amounted to R$ </span><span style="font-family: 'Times New Roman';">2,309</span><span style="font-family: 'Times New Roman';">&#160;(gain of R$ 15,126 for the year ended December 31, 2020&#160; and gain of R$ 2,017 for the year ended December 31, 2019).</span></span></p>

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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">u</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Use of estimates, assumptions and judgments</span></span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The preparation of the </span><span style="font-family: 'Times New Roman';">financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">requires the use of estimates, assumptions</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> and judgments for the accounting and disclosure of certain assets, liabilities</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> and </span><span style="font-family: 'Times New Roman';">profit or loss</span><span style="font-family: 'Times New Roman';">. Therefore, </span><span style="font-family: 'Times New Roman';">the </span><span style="font-family: 'Times New Roman';">Company and subsidiaries&#8217; management use the best information available at the </span><span style="font-family: 'Times New Roman';">date</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">of preparation of the </span><span style="font-family: 'Times New Roman';">financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';">, as well as the experience of past and current events, also considering assumptions regarding future events. The estimates and assumptions are reviewed periodically</span><span style="font-family: 'Times New Roman';">.</span></span></p>
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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">u</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">.1 Judgments</span></span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Information on the judgments is included: in </span><span style="font-family: 'Times New Roman';">the </span><span style="font-family: 'Times New Roman';">determin</span><span style="font-family: 'Times New Roman';">ation of</span><span style="font-family: 'Times New Roman';"> control </span><span style="font-family: 'Times New Roman';">in</span><span style="font-family: 'Times New Roman';"> subsidiaries (Notes 2.</span><span style="font-family: 'Times New Roman';">h</span><span style="font-family: 'Times New Roman';">, 2.</span><span style="font-family: 'Times New Roman';">t</span><span style="font-family: 'Times New Roman';">.1 </span><span style="font-family: 'Times New Roman';">and </span><span style="font-family: 'Times New Roman';">4</span><span style="font-family: 'Times New Roman';">), </span><span style="font-family: 'Times New Roman';">the determination of </span><span style="font-family: 'Times New Roman';">joint control </span><span style="font-family: 'Times New Roman';">in</span><span style="font-family: 'Times New Roman';"> joint venture (Notes 2.</span><span style="font-family: 'Times New Roman';">h</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and </span><span style="font-family: 'Times New Roman';">13</span><span style="font-family: 'Times New Roman';">.a)</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">the </span><span style="font-family: 'Times New Roman';">determin</span><span style="font-family: 'Times New Roman';">ation</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">of </span><span style="font-family: 'Times New Roman';">significant influence </span><span style="font-family: 'Times New Roman';">in associates </span><span style="font-family: 'Times New Roman';">(Notes 2.</span><span style="font-family: 'Times New Roman';">h</span><span style="font-family: 'Times New Roman';"> and </span><span style="font-family: 'Times New Roman';">13</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';">b</span><span style="font-family: 'Times New Roman';">).</span></span></p>
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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">u</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">.2 Uncertainties </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">related to the</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"> assumptions and estimates</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The information regarding uncertainties related to the assumptions and estimates are included: in </span><span style="font-family: 'Times New Roman';">determining the fair value of financial instruments (Notes </span><span style="font-family: 'Times New Roman';">2.c, 2.</span><span style="font-family: 'Times New Roman';">m</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">5</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">17</span><span style="font-family: 'Times New Roman';"> and </span><span style="font-family: 'Times New Roman';">34</span><span style="font-family: 'Times New Roman';">), the determination of the </span><span style="font-family: 'Times New Roman';">loss allowance for expected credit losses</span><span style="font-family: 'Times New Roman';"> (Note</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">2.d, </span><span style="font-family: 'Times New Roman';">6</span><span style="font-family: 'Times New Roman';"> and </span><span style="font-family: 'Times New Roman';">34</span><span style="font-family: 'Times New Roman';">.d.3</span><span style="font-family: 'Times New Roman';">), </span><span style="font-family: 'Times New Roman';">the determination of provisions for losses of inventories (Note</span><span style="font-family: 'Times New Roman';">s 2.e</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and </span><span style="font-family: 'Times New Roman';">7</span><span style="font-family: 'Times New Roman';">), </span><span style="font-family: 'Times New Roman';">the estima</span><span style="font-family: 'Times New Roman';">tes</span><span style="font-family: 'Times New Roman';"> of </span><span style="font-family: 'Times New Roman';">realization of deferred </span><span style="font-family: 'Times New Roman';">IRPJ and CSLL</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">amounts </span><span style="font-family: 'Times New Roman';">(Note</span><span style="font-family: 'Times New Roman';">s 2.</span><span style="font-family: 'Times New Roman';">n</span><span style="font-family: 'Times New Roman';"> and</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">10</span><span style="font-family: 'Times New Roman';">.a</span><span style="font-family: 'Times New Roman';">), </span><span style="font-family: 'Times New Roman';">the useful lives and discount rate of right</span><span style="font-family: 'Times New Roman';">-of-</span><span style="font-family: 'Times New Roman';">use assets (Notes 2.</span><span style="font-family: 'Times New Roman';">i</span><span style="font-family: 'Times New Roman';"> and </span><span style="font-family: 'Times New Roman';">14</span><span style="font-family: 'Times New Roman';">),</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">the useful li</span><span style="font-family: 'Times New Roman';">ves </span><span style="font-family: 'Times New Roman';">of </span><span style="font-family: 'Times New Roman';">PP&amp;E</span><span style="font-family: 'Times New Roman';"> (Note</span><span style="font-family: 'Times New Roman';">s 2.</span><span style="font-family: 'Times New Roman';">j</span><span style="font-family: 'Times New Roman';"> and</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">15</span><span style="font-family: 'Times New Roman';">), the useful li</span><span style="font-family: 'Times New Roman';">ves</span><span style="font-family: 'Times New Roman';"> of intangible assets</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> and the determination of the recoverable amount of goodwill (Note</span><span style="font-family: 'Times New Roman';">s 2.</span><span style="font-family: 'Times New Roman';">k</span><span style="font-family: 'Times New Roman';"> and</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">16</span><span style="font-family: 'Times New Roman';">.a</span><span style="font-family: 'Times New Roman';">), provisions for assets retirement obligations (Note</span><span style="font-family: 'Times New Roman';">s 2.</span><span style="font-family: 'Times New Roman';">o</span><span style="font-family: 'Times New Roman';"> and</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">22</span><span style="font-family: 'Times New Roman';">), </span><span style="font-family: 'Times New Roman';">provisions for </span><span style="font-family: 'Times New Roman';">tax, civil</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> and labor</span><span style="font-family: 'Times New Roman';"> risks</span><span style="font-family: 'Times New Roman';"> (Note</span><span style="font-family: 'Times New Roman';">s 2.</span><span style="font-family: 'Times New Roman';">p</span><span style="font-family: 'Times New Roman';"> and</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">23</span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> estimates for the preparation of actuarial reports (Note</span><span style="font-family: 'Times New Roman';">s 2.</span><span style="font-family: 'Times New Roman';">q</span><span style="font-family: 'Times New Roman';"> and</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">21</span><span style="font-family: 'Times New Roman';">.b)</span><span style="font-family: 'Times New Roman';"> and the determination of fair value of subscription warrants &#8211; indemnification</span><span style="font-family: 'Times New Roman';"> (Notes </span><span style="font-family: 'Times New Roman';">25</span><span style="font-family: 'Times New Roman';"> and </span><span style="font-family: 'Times New Roman';">34</span><span style="font-family: 'Times New Roman';">.j</span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';">. The actual result of the transactions and information may differ from their estimates.</span></span></p>

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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">v</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Impairment of assets</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The Company and its subsidiaries review </span><span style="font-family: 'Times New Roman';">in </span><span style="font-family: 'Times New Roman';">every report</span><span style="font-family: 'Times New Roman';">ing</span><span style="font-family: 'Times New Roman';"> period</span><span style="font-family: 'Times New Roman';"> the existence of </span><span style="font-family: 'Times New Roman';">any </span><span style="font-family: 'Times New Roman';">indication that an asset may be impaired.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">To </span><span style="font-family: 'Times New Roman';">intangible assets with </span><span style="font-family: 'Times New Roman';">indefinite</span><span style="font-family: 'Times New Roman';"> useful life</span><span style="font-family: 'Times New Roman';"> the review is done annually. If there is an indication</span><span style="font-family: 'Times New Roman';"> of </span><span style="font-family: 'Times New Roman';">devaluation</span><span style="font-family: 'Times New Roman';"> the Company and its subsidiaries estimate the recoverable amount of the asset. Assets that cannot be evaluated individually are grouped in the smallest group of assets that generate cash </span><span style="font-family: 'Times New Roman';">inflow</span><span style="font-family: 'Times New Roman';"> from continuous use and that are largely independent of cash flows of other assets (</span><span style="font-family: 'Times New Roman';">cash generating units</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> &#8220;</span><span style="font-family: 'Times New Roman';">CGU</span><span style="font-family: 'Times New Roman';">&#8221;</span><span style="font-family: 'Times New Roman';">). The recoverable amount of assets or CGUs corresponds to the greater of their fair value net of applicable direct selling costs and their value in use.</span></span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The fair value </span><span style="font-family: 'Times New Roman';">less</span><span style="font-family: 'Times New Roman';"> costs </span><span style="font-family: 'Times New Roman';">to sell</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">is determined by the price that would be received to sell an asset in an orderly transaction between market participants at the measurement date, net of costs of removing the asset, and direct incremental costs to bring an asset into condition for its sale, legal costs</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> and taxes.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">To assess the value in use, the projections of future cash flows, trends</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> and outlooks, as well as the effects of obsolescence, demand, competition</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> and other economic factors</span><span style="font-family: 'Times New Roman';"> were considered</span><span style="font-family: 'Times New Roman';">. Such cash flows are discounted to their present values &#8203;&#8203;using the discount rate before tax that reflects market conditions for the period of impairment testing and the specific risks of the asset or CGU being evaluated. In cases where the expected discounted future cash flows are less than their carrying amount, </span><span style="font-family: 'Times New Roman';">an </span><span style="font-family: 'Times New Roman';">impairment loss is recognized for the amount by which the carrying value exceeds the fair value of these assets. Losses for impairment of assets are recognized in profit or loss. In case goodwill has been allocated to a CGU, the recognized losses are first allocated to reduce the corresponding goodwill. If the goodwill is not enough to absorb such losses, the surplus is allocated to the assets on a pro-rata basis. An impairment of goodwill cannot be reversed. For other assets, impairment losses may be reversed only to the extent that the asset's carrying amount does not exceed the carrying amount that would have been determined, net of depreciation or amortization, if the impairment had not been recognized.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">On </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';">, 2021, the Company </span><span style="font-family: 'Times New Roman';">updated the calculation of the </span><span style="font-family: 'Times New Roman';">impairment of assets carried out on June 30, 2021</span><span style="font-family: 'Times New Roman';">&#160;</span><span style="font-family: 'Times New Roman';">for the subsidiary </span><span style="font-family: 'Times New Roman';">Imifarma</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Produtos</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Farmac&#234;uticos</span><span style="font-family: 'Times New Roman';"> e </span><span style="font-family: 'Times New Roman';">Cosm&#233;ticos</span><span style="font-family: 'Times New Roman';"> S.A. (&#8220;</span><span style="font-family: 'Times New Roman';">Extrafarma</span><span style="font-family: 'Times New Roman';">&#8221;) for the amount of R$ </span><span style="font-family: 'Times New Roman';">427,529</span><span style="font-family: 'Times New Roman';"> and deferred income and social contribution taxes effects of R$ </span><span style="font-family: 'Times New Roman';">145,360</span><span style="font-family: 'Times New Roman';">, resulting in a net loss of R$ </span><span style="font-family: 'Times New Roman';">282,169</span><span style="font-family: 'Times New Roman';">. S</span><span style="font-family: 'Times New Roman';">ee Note 3.</span><span style="font-family: 'Times New Roman';">a</span><span style="font-family: 'Times New Roman';">.</span></span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>

<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">w</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Business </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">c</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ombination</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">A business combination is accounted by&#160;</span><span style="font-family: 'Times New Roman';">applying</span><span style="font-family: 'Times New Roman';"> the acquisition method. The cost of </span><span style="font-family: 'Times New Roman';">the </span><span style="font-family: 'Times New Roman';">acquisition is measured </span><span style="font-family: 'Times New Roman';">based on </span><span style="font-family: 'Times New Roman';">the consideration transferred and to be transferred, measured at fair value at the acquisition date. </span><span style="font-family: 'Times New Roman';">The non-controlling interest in the acquired company</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">is measured based on its interest in net assets identified in the acquired company. Goodwill is measured as the excess of the </span><span style="font-family: 'Times New Roman';">consideration transferred and to be transferred</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">over the fair value of net assets acquired (identifiable assets and liabilities assumed, net). After </span><span style="font-family: 'Times New Roman';">the </span><span style="font-family: 'Times New Roman';">initial recognition, goodwill is measured at cost less any accumulated impairment losses. For impairment testing purposes, goodwill is allocated to the Company&#8217;s </span><span style="font-family: 'Times New Roman';">operating </span><span style="font-family: 'Times New Roman';">segment</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';">. When the </span><span style="font-family: 'Times New Roman';">c</span><span style="font-family: 'Times New Roman';">ost of the acquisition</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">is </span><span style="font-family: 'Times New Roman';">lower</span><span style="font-family: 'Times New Roman';"> than the fair value of net assets acquired, </span><span style="font-family: 'Times New Roman';">a</span><span style="font-family: 'Times New Roman';"> gain is recognized directly in the statement</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">of profit or loss</span><span style="font-family: 'Times New Roman';">. Costs related to the acquisitions are recorded in the statement </span><span style="font-family: 'Times New Roman';">of profit or loss </span><span style="font-family: 'Times New Roman';">when incurred. For the </span><span style="font-family: 'Times New Roman';">year</span><span style="font-family: 'Times New Roman';"> ended on </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">20</span><span style="font-family: 'Times New Roman';">21</span><span style="font-family: 'Times New Roman';"> and 2020</span><span style="font-family: 'Times New Roman';"> there </span><span style="font-family: 'Times New Roman';">was</span><span style="font-family: 'Times New Roman';"> not business combination.</span></span></p>

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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">x</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Statements of cash flows indirect method</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The Company and its subsidiaries present the interest paid on loans</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">financing, </span><span style="font-family: 'Times New Roman';">debentures</span><span style="font-family: 'Times New Roman';">, and leases payable</span><span style="font-family: 'Times New Roman';"> in financing activities</span><span style="font-family: 'Times New Roman';"> and present </span><span style="font-family: 'Times New Roman';">financial investments</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> net of </span><span style="font-family: 'Times New Roman';">redemptions</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">in </span><span style="font-family: 'Times New Roman';">the </span><span style="font-family: 'Times New Roman';">invest</span><span style="font-family: 'Times New Roman';">ing </span><span style="font-family: 'Times New Roman';">activities</span><span style="font-family: 'Times New Roman';">.</span></span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>

<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">y</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Adoption of the pronouncements issued by IASB</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">There are no standards, amendments and interpretations to IFRS issued by the IASB which are effective and could have a material impact in </span><span style="font-family: 'Times New Roman';">th</span><span style="font-family: 'Times New Roman';">ese</span><span style="font-family: 'Times New Roman';"> financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';"> to </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">2021</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and 2020 </span><span style="font-family: 'Times New Roman';">that have not been adopted by the Company.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">In order to</span><span style="font-family: 'Times New Roman';"> be prepared for the transition of the IBORs</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> the Company is monitoring the pronouncements of the authorities, as well as the measures that have been adopted, aiming at the adaptation of the financial instruments to the new benchmarks. </span><span style="font-family: 'Times New Roman';">On</span><span style="font-family: 'Times New Roman';"> June 2017, the Company, through the subsidiary Ipiranga Produtos de Petr&#243;leo S.A. (&#8220;IPP&#8221;), contracted a </span><span style="font-family: 'Times New Roman';">financing</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">with maturity date</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">on</span><span style="font-family: 'Times New Roman';"> June 2022, with the current notional amount of USD 50 million (equivalent to R$ 279 million as of December 31, 2021) linked to LIBOR, with quarterly interest flows and principal amortization at maturity</span><span style="font-family: 'Times New Roman';">. At the time of the&#160;</span><span style="font-family: 'Times New Roman';">debt raising</span><span style="font-family: 'Times New Roman';">, a swap transaction with a notional value and cash flow identical to the debt</span><span style="font-family: 'Times New Roman';">&#160;was transacted with the same financial institution, through which the IPP became active in LIBOR, at an interest rate equivalent to the debt </span><span style="font-family: 'Times New Roman';">and liabilit</span><span style="font-family: 'Times New Roman';">y</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">rate in floating rate </span><span style="font-family: 'Times New Roman';">R</span><span style="font-family: 'Times New Roman';">eais (see </span><span style="font-family: 'Times New Roman';">N</span><span style="font-family: 'Times New Roman';">otes 17 c.1, 17.d</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and</span><span style="font-family: 'Times New Roman';">&#160;33</span><span style="font-family: 'Times New Roman';">.g), these being the only operations </span><span style="font-family: 'Times New Roman';">linked</span><span style="font-family: 'Times New Roman';"> to LIBOR. In view of the short-term maturity </span><span style="font-family: 'Times New Roman';">as well as</span><span style="font-family: 'Times New Roman';"> the debt</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> the </span><span style="font-family: 'Times New Roman';">swap</span><span style="font-family: 'Times New Roman';"> and the fact that both have the same cash flow and financial institution, the Company has evaluated that there are</span><span style="font-family: 'Times New Roman';"> not</span><span style="font-family: 'Times New Roman';"> currently significant impacts from the LIBOR change on its operations.&#160;</span></span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>

<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">z</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Authorization for issuance of the financial </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">statements</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">These financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">w</span><span style="font-family: 'Times New Roman';">ere</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">authorized for and</span><span style="font-family: 'Times New Roman';">&#160;by the </span><span style="font-family: 'Times New Roman';">Management</span><span style="font-family: 'Times New Roman';"> on</span><span style="font-family: 'Times New Roman';">&#160;May, 10</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">202</span><span style="font-family: 'Times New Roman';">2</span><span style="font-family: 'Times New Roman';">.</span></span></p>

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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147279036968">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Assets and liabilities from subsidiaries held for sale and discontinued operations<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwnersAbstract', window );"><strong>Assets and liabilities from subsidiaries held for sale and discontinued operations</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfNoncurrentAssetsHeldForSaleAndDiscontinuedOperationsExplanatory', window );">Assets and liabilities from subsidiaries held for sale and discontinued operations</a></td>
<td class="text">
<h1 style="margin: 12pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><span style="border-left: none; border-right: none;">3</span>. Assets and liabilities from subsidiaries held for sale and discontinued operations</span></h1>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The divestments of Oxiteno and Extrafarma are aligned with Ultrapar&#8217;s portfolio review. With a more complementary and synergistic businesses, Ultrapar concludes the rationalization phase of its portfolio and will now concentrate on developing investment opportunities in the verticals of energy and infrastructure, with increasing focus on energy transition, leveraged by its portfolio and expertise. In the context, the Company announced the contracts signings described below and, as of December 31, 2021, classified these transactions as assets and liabilities held for sale and discontinued operations. The Company recognizes deferred taxes for the difference between the carrying amount of the net assets of a subsidiary that is classified as discontinued operation and the tax base of the investment. The related deferred tax expense or benefit is allocated to discontinued operations.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">a. Extrafarma share sale and purchase agreement and other agreements</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">On May 18, 2021 the Company announced the signing of a share purchase agreement for the sale of all shares of Extrafarma held by subsidiary IPP to Empreendimentos Pague Menos S.A. (&#8220;Pague Menos&#8221;). The total sale price is R$ 700 million, subject to adjustments due mainly to changes in working capital and Extrafarma's net debt position on the closing date of the transaction.</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The transaction will be settled in three installments as follows: 50% on the closing date and 25% on each the first and the second anniversary of the closing date, monetarily updated by the Interbank Deposits Interest Rate (&#8220;DI&#8221;) rate + <span style="border-left: none; border-right: none;">0.5</span>% p.a., with a guarantee will be provided by a shareholder of the Pague Menos for the last two installments. The completion of this transaction is subject to usual conditions precedent in such deals, including approval by the Brazilian antitrust authority and by the general shareholders&#8217; meeting of Pague Menos, pursuant to the terms of article 256 of the Brazilian Corporate Law, which was already held by the purchasing company. Furthermore, preemptive rights were granted to Company's shareholders who wished to acquire Extrafarma's shares, proportionally to their respective participation in the Company's share capital and for the same price per share to be paid by Pague Menos, pursuant to article 253 of the Brazilian Corporate Law. The shareholders of the Company that exercised such right will become direct shareholders of Extrafarma after closing of the transaction. The company held a general shareholders&#8217; meeting on June 25, 2021 in which was formalized the offering of the aforementioned preemptive rights, detailing the procedures for its exercise, as applicable. The exercise period ended on July 29, 2021 and the total exercised was less than 1% of the Company's capital.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">On February 11, 2022, the Administrative Council for Economic Defense ("CADE") issued an order declaring the Concentration Act no. 08700.005053/2021-74 regarding the acquisition of Extrafarma by Pague Menos. This declaration of complexity is a regular phase within the normal manner for concentration acts whose analysis by CADE needs further investigation. The companies continue to work with CADE in a transparent manner to provide all necessary clarifications.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Extrafarma and Pague Menos will maintain their regular course of business, on an independent manner, until the closing date of the transaction.</span></p>
<div>
<div id="t_ft_6JPIJYVL7K00000000000000000000b">

</div>
</div>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span> On December 31, 2021, the Company recorded&#160;an impairment in the amount of </span>R$ 282,169, net of the effects of deferred income and social contribution taxes, as allocated below:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>

<table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 11.35pt;">
<td style="vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Amount </span></p>
</td>
<td style="vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px;"><br/></td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff; width: 85%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160;&#160;&#160; Goodwill </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; width: 14%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 68,273 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
</tr>
<tr style="height: 11.35pt;">
<td style="vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160;&#160;&#160; Residual surplus value of fixed assets </span></p>
</td>
<td style="vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 160 </span></p>
</td>
<td style="vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160;&#160;&#160; Intangibles assets arising from business combination </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 76,136 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 11.35pt;">
<td style="vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160;&#160;&#160; Property, plant, and equipment </span></p>
</td>
<td style="vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 60,548 </span></p>
</td>
<td style="vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160;&#160;&#160; Right-of-use assets </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 38,957 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 11.35pt;">
<td style="vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160; &#160; &#160;Recoverable taxes</span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1pt solid #000000;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 183,455 </span></p>
</td>
<td style="vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Impairment </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 427,529 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 11.35pt;">
<td style="vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160;&#160;&#160; Deferred income and social contribution taxes </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1pt solid #000000;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (145,360 </span></p>
</td>
<td style="vertical-align: bottom;">)</td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Net impairment </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 282,169 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
</tbody>
</table>

<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">b. Oxiteno S.A. share purchase and sale agreement</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">On August 16, 2021, the Company announced the signing of a share purchase agreement for the sale of all shares of Oxiteno S.A. &#8211; Ind&#250;stria e Com&#233;rcio (&#8220;Oxiteno S.A.&#8221;) to Indorama Ventures PLC (&#8220;Indorama&#8221;). For further information, see Note 1.c.&#160;</span></p>

<p style="margin: 0pt; text-align: justify;"><br/></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">c. </span><span style="font-style: italic; font-weight: bold;">Disclosure of</span><span style="font-style: italic; font-weight: bold;"> the </span><span style="font-style: italic; font-weight: bold;">impacts</span><span style="font-style: italic; font-weight: bold;"> of IFRS 5 &#8211; </span><span style="font-style: italic; font-weight: bold;">Assets and liabilities</span><span style="font-style: italic; font-weight: bold;"> held for sale and d</span><span style="font-style: italic; font-weight: bold;">iscontinued operations</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The tables of assets and liabilities held for sale and discontinued operation are detailed below and include the financial position and profit or loss incurred throughout 2021 and 2020, when applicable. Eliminations refer to intercompany transactions, substantially represented by purchase and sale transactions, effects on the profit or loss of foreign debts contemplating hedging instruments, investments in associates that are not part of the sales transaction, among others.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">c.1</span> The main classes of assets and liabilities classified as held for sale on December 31, 2021 are shown below:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>


<table cellpadding="0" style="height: 422px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Assets </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Oxiteno </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 1.26227%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Extrafarma </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 1.26227%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Eliminations (*)</span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 1.40252%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Current assets </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.40252%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Cash and cash equivalents </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 334,882 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 53,099 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 387,981 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Financial investments and hedging instruments </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,346,552 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,346,552 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Trade receivables </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 993,960 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 35,743 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,029,703 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Inventories </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,671,662 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 578,206 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,249,868 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Recoverable taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 634,718 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 62,053 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 696,771 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 20px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 20px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Other assets </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 20px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 51,829 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 20px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 20px; border-bottom-width: 1px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 20px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 26,145 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 20px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 20px; border-bottom-width: 1px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 20px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (5,035 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 20px; width: 1.40252%;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 20px; border-bottom-width: 1px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 20px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 72,939 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 20px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 20px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 20px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total current assets </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 20px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 5,033,603 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 20px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 20px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 20px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 755,246 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 20px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 20px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 20px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (5,035 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 20px; width: 1.40252%;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 20px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 20px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 5,783,814 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 20px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Non-current assets </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px; height: 19px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px; height: 19px; width: 1.40252%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Financial investments and hedging instruments </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 492,430 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 492,430 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Related parties </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,674 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,674 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Deferred income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 541,756 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 200,194 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 741,950 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Recoverable taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 393,723 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 17,938 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 411,661 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Other assets </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 10,538 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 4,136 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 1.40252%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 14,674 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,438,447 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 223,942 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,674 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 1.40252%;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,660,715 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Investments </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 36,207 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 5,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (22,047 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 19,160 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Right-of-use assets, net </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 31,871 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 318,183 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 350,054 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Property, plant, and equipment </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,787,241 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 154,663 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208;</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,941,904 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Intangible assets </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 160,141 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 85,129 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208;</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 1.40252%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 245,270 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total non-current assets </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 4,453,907 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 786,917 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (23,721 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 1.40252%;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 5,217,103 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 21px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 21px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total assets held for sale </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; border-bottom: 2.8pt double #000000; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 9,487,510 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; border-bottom: 2.8pt double #000000; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; border-bottom: 2.8pt double #000000; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,542,163 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; border-bottom: 2.8pt double #000000; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; border-bottom: 2.8pt double #000000; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (28,756 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; border-bottom: 2.8pt double #000000; width: 1.40252%;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; border-bottom: 2.8pt double #000000; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 11,000,917 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.40252%;"><br/></td>
</tr>
</tbody>
</table>
<p style="margin: 2pt 0cm 0cm; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"><span style="font-size: 8pt; font-family: 'times new roman', times;">(*) Balances and transactions between the discontinued and continuing operations have been eliminated, mainly related to loans.</span><span/></p>



<table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 460px;" width="100%">
<tbody>
<tr style="height: 20px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Liabilities </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Oxiteno </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.33136%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Extrafarma </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.33136%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Eliminations (*)</span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.47929%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 20px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Current liabilities </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 20px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 20px; width: 1.33136%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.33136%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.47929%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; width: 45.7101%; height: 19px;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Loans, financing and hedge derivative financial instruments </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; width: 10.7988%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 302,154 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; width: 1.33136%; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; width: 1.77515%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; width: 10.9467%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; width: 1.33136%; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; width: 1.77515%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; width: 10.9467%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (62,841 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; width: 1.47929%; height: 19px;">)</td>
<td style="padding: 0px; vertical-align: middle; width: 1.77515%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; width: 10.6509%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 239,313 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; width: 1.47929%; height: 19px;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Trade payables </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 493,800 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 225,487 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,949 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 717,338 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Trade payables &#8211; reverse factoring </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 725,246 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 725,246 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Salaries and related charges </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 176,941 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 45,843 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 222,784 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Taxes payables </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 53,988 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 15,696 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 69,684 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Income and social contribution taxes payable </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 12,415 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 12,415 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Post-employment benefits </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,311 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,311 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Provision for tax, civil, and labor risks </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,946 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 520 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,466 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Leases payable </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 11,702 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 64,312 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 76,014 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: top; background-color: #cceeff; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Other liabilities </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 68,721 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 13,249 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (13,264 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 68,706 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total current liabilities </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,851,224 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 365,107 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (78,054 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,138,277 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Non-current liabilities </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Loans, financing and hedge derivative financial instruments </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 5,728,028 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (5,725,594 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,434 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Related parties </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,875 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (2,875 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Deferred income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 12,964 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 12,964 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Post-employment benefits </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 6,806 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 287 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 7,093 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Provision for tax, civil, and labor risks </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 33,149 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,370 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 35,519 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Leases payable </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 22,786 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 314,915 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 337,701 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Other liabilities </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 5,341 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,092 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 7,433 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total non-current liabilities </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 5,811,949 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 319,664 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (5,728,469 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 403,144 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: top; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total equity </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,824,337 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 857,392 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (2,681,729 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 21px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 21px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total liabilities held for sale and equity </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 21px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 9,487,510 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 21px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,542,163 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 21px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (8,488,252 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 21px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,541,421 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.47929%;"><br/></td>
</tr>
</tbody>
</table>
<p style="margin: 2pt 0cm 0cm; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"><span style="font-size: 8pt; font-family: 'times new roman', times;">(*) Balances and transactions between the discontinued and continuing operations have been eliminated, mainly related to loans.</span><span/></p>


<div style="border-right: none; border-left: none;">
<div id="Normadiv2004" style="font-family: 'times new roman', times; font-size: 10pt;">

<div style="border-right: none; border-left: none;">
<div id="Normadiv205" style="font-family: 'times new roman', times; font-size: 10pt;">
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">c.2</span> The results for the year and cash flows from discontinued operations as of December 31, 2021 are shown below:</span></p>
</div>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<table cellpadding="0" style="height: 295px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 46.0059%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Oxiteno </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Extrafarma </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.44718%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;"> Eliminations (*)</span></span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 46.0059%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Net revenue from sales and services </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 7,102,771 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.33136%; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,986,932 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.44718%; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (23,908 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 19px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 9,065,795 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 46.0059%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Cost of products and services sold </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (5,540,773 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,384,316 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.44718%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 23,908 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (6,901,181 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;">)</td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 46.0059%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Gross profit </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,561,998 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 602,616 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.44718%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208;</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,164,614 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 46.0059%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Operating income (expenses) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.44718%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 46.0059%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Selling marketing and administrative </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (978,221) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (685,794 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.44718%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208;</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,664,015 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;">)</td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 46.0059%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Impairment </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (427,529 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.44718%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208;</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (427,529 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;">)</td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 46.0059%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Other operating income, net </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 26,924 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,109 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.44718%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208;</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 25,815 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 46.0059%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Operating income (loss) before finance income (expenses) and share of profit of associates </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 610,701 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (511,816 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.44718%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 98,885 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 46.0059%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Share of profit of associates </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 48 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.44718%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 48 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 46.0059%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Operating income (loss) before finance income (expenses) and income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 610,749 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (511,816 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.44718%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 98,933 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 46.0059%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Financial result, net </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (431,441 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (45,265 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.44718%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 329,736 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (146,970 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;">)</td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 46.0059%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Profit (loss) before income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 179,308 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (557,081 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.44718%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 329,736 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (48,037 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;">)</td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 46.0059%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Income and social contribution taxes </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 69,995 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 155,416 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.44718%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (112,110 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 113,301 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 46.0059%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Profit (loss) for the year </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 249,303 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (401,665 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.44718%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 217,626 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 65,264 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 46.0059%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">Deprecia</span><span style="font-weight: bold;">tion</span><span style="font-weight: bold;"> </span><span style="font-weight: bold;">and</span><span style="font-weight: bold;"> amortiza</span><span style="font-weight: bold;">tion for the year <span style="font-size: 8pt;"><sup>(i)</sup></span></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 308,564 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 154,850 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.44718%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 463,414 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.47929%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<div style="border-right: none; border-left: none;">
<p style="margin: 0pt; text-align: justify;"><br/></p>
<p style="margin: 0pt; text-align: justify;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(*) Elimination between continuing and discontinued operations related to the intercompany loan (PPE) between Ultrapar International and Oxiteno.</span><br/></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><sup><span style="vertical-align: super;">(i)</span></sup> Balances included for complete breakdown of segment information.</span></p>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 133px;" width="100%">
<tbody>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Oxiteno </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Extrafarma </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Eliminations </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 49%; height: 18px;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Net cash provided by (used in) operating activities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11%; height: 18px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,016,580 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 18px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11%; height: 18px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (33,273 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 18px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 18px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11%; height: 18px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (788 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 18px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 18px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11%; height: 18px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 982,519 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 18px;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Net cash used in investing activities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (122,363 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (35,072 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,298 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (158,733 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">)</td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Net cash provided by (used in) financing activities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,054,930 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 35,286 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 466,677 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (552,967 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;">)</td>
</tr>
<tr style="height: 37px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 37px;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Effect of exchange rate changes on cash and cash equivalents in foreign currency </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 56,553 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 37px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 37px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 37px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 56,553 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px;"><br/></td>
</tr>
<tr style="height: 21px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 21px;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (Decrease) increase in cash and cash equivalents </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 21px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (104,160 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 21px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 21px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 21px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (33,059 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 21px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 21px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 21px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 464,591 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 21px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 21px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 21px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 327,372 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 21px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">c.</span><span style="font-style: italic; font-weight: bold;">3</span> The results for the year and cash flows from discontinued operations as of December 31, 2020 are shown below:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</div>
<div style="border-right: none; border-left: none;">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 422px;" width="100%">
<tbody>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.4438%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="10" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 48.2249%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Discontinued operations </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.33136%;"><br/></td>
<td style="vertical-align: top; height: 19px; width: 0.887574%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.4438%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Disclosed </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.46746%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Oxiteno </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.91124%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Extrafarma </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 10.0592%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;"> Eliminations</span> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: top; border-bottom: 1px solid #000000; height: 19px; width: 9.61538%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="vertical-align: top; height: 19px; width: 1.33136%;"><br/></td>
<td style="vertical-align: top; height: 19px; width: 0.887574%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Re-Restated </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 25.4438%; height: 19px;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Net revenue from sales and services </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 9.76331%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <span style="border-left: none; border-right: none;">81,241,102</span> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.33136%; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.77515%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 9.46746%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 5,210,704 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.33136%; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.77515%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 9.91124%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,988,411 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.62722%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10.0592%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (16,069 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.33136%; height: 19px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.62722%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; width: 9.61538%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 7,183,046 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; width: 1.33136%; height: 19px;"><br/></td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; width: 0.887574%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 9.76331%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 74,058,056 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 19px;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.4438%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Cost of products and services sold </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (75,628,214 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.46746%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (4,188,711 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.91124%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,399,125 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 10.0592%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 16,069 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 19px; width: 9.61538%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (5,571,767 </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.33136%;">)</td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; width: 0.887574%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (70,056,447 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;">)</td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 25.4438%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Gross profit </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 5,612,888 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.46746%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,021,993 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.91124%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 589,286 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 10.0592%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 9.61538%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,611,279 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 1.33136%;"><br/></td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 0.887574%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 4,001,609 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.4438%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Operating income (expenses) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.46746%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.91124%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.0592%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; width: 9.61538%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.33136%;"><br/></td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; width: 0.887574%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 25.4438%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Selling marketing and administrative </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (4,098,377 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.46746%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (831,056 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.91124%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (662,182 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 10.0592%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 9.61538%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,493,238 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 1.33136%;">)</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 0.887574%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (2,605,139 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;">)</td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.4438%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Other operating income, net </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 297,544 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.46746%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 153,457 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.91124%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (5,403 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 10.0592%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 19px; width: 9.61538%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 148,054 </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.33136%;"><br/></td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; width: 0.887574%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 149,490 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 54px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 54px; width: 25.4438%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Operating income (loss) before finance income (expenses) and share of profit (loss) of subsidiaries, joint ventures and associates </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 54px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,812,055 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 54px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 54px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 54px; width: 9.46746%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 344,394 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 54px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 54px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 54px; width: 9.91124%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (78,299) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 54px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 54px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 54px; width: 10.0592%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 54px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 54px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; padding: 0px; height: 54px; width: 9.61538%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 266,095 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 54px; width: 1.33136%;"><br/></td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 54px; width: 0.887574%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 54px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,545,960 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 54px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 37px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 37px; width: 25.4438%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Share of profit (loss) of subsidiaries, joint ventures and associates </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (43,617 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.33136%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 9.46746%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 414 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 9.91124%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 10.0592%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 37px; width: 9.61538%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 414 </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 37px; width: 1.33136%;"><br/></td>
<td style="vertical-align: bottom; padding: 0px; height: 37px; width: 0.887574%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (44,031 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.47929%;">)</td>
</tr>
<tr style="height: 37px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 37px; width: 25.4438%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Operating income (loss) before finance income (expenses) and income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 37px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,768,438 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 37px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 37px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 37px; width: 9.46746%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 344,808 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 37px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 37px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 37px; width: 9.91124%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (78,299 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 37px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 37px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 37px; width: 10.0592%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 37px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 37px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; padding: 0px; height: 37px; width: 9.61538%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 266,509 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 37px; width: 1.33136%;"><br/></td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 37px; width: 0.887574%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 37px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,501,929 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 37px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.4438%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Financial result, net </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (269,374 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.46746%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,482 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.91124%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (38,938 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 10.0592%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 318,430 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 19px; width: 9.61538%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 280,974 </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.33136%;"><br/></td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; width: 0.887574%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (550,348 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;">)</td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 25.4438%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Profit (loss) before income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,499,064 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 19px; width: 9.46746%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 346,290 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 19px; width: 9.91124%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (117,237 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 19px; width: 10.0592%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 318,430 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; padding: 0px; height: 19px; width: 9.61538%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 547,483 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 1.33136%;"><br/></td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 0.887574%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 951,581 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.4438%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Income and social contribution taxes </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (571,367 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; height: 19px; width: 9.46746%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (118,132 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; height: 19px; width: 9.91124%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (40,453 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; height: 19px; width: 10.0592%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (108,265 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; vertical-align: bottom; padding: 0px; height: 19px; width: 9.61538%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (266,850 </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.33136%;">)</td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; width: 0.887574%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (304,517 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;">)</td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 25.4438%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Net income from continuing operations </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.46746%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.91124%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 10.0592%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 9.61538%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 1.33136%;"><br/></td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 0.887574%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 647,064 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.4438%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Net income from discontinued operations </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.46746%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.91124%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 10.0592%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 19px; width: 9.61538%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 280,633 </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.33136%;"><br/></td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; width: 0.887574%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 280,633 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 25.4438%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Profit (loss) for the year </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 927,697 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.46746%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 228,158 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.91124%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (157,690 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 10.0592%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 210,165 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 9.61538%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 280,633 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 1.33136%;"><br/></td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 0.887574%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 927,697 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 28px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 28px; width: 25.4438%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">Deprecia</span><span style="font-weight: bold;">tion</span><span style="font-weight: bold;"> </span><span style="font-weight: bold;">and</span><span style="font-weight: bold;"> amortiza</span><span style="font-weight: bold;">tion for the year</span><span style="font-weight: bold;"> </span><sup><sup><sup><sup><span style="font-weight: bold; vertical-align: super;">(i)</span></sup></sup></sup></sup></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 28px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,556,599 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 28px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 28px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 28px; width: 9.46746%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 275,063 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 28px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 28px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 28px; width: 9.91124%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 153,899 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 28px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 28px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 28px; width: 10.0592%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 28px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 28px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 28px; width: 9.61538%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 428,962 </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 28px; width: 1.33136%;"><br/></td>
<td style="vertical-align: bottom; padding: 0px; height: 28px; width: 0.887574%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 28px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,127,637 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 28px; width: 1.47929%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<div id="Normadiv206" style="font-family: 'times new roman', times; font-size: 10pt;">
<div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">(i) Balances included for complete breakdown of segment information.</span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
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<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
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<td colspan="12" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Discontinued operations </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
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<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Disclosed </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Oxiteno </span></p>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Extrafarma </span></p>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Eliminations </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Total </span></p>
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<td colspan="2" style="vertical-align: top; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> <span style="color: #000000; font-family: 'times new roman', times; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Re-</span>Restated </span></p>
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<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> (A) </span></p>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom;">
<p style="margin: 2pt 2.85pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> (B) </span></p>
</td>
<td style="vertical-align: bottom;"><br/></td>
<td colspan="2" style="vertical-align: top;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> (A-B) </span></p>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 29%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Net cash provided by (used in) operating activities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,138,119 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 765,090 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 111,396 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (2,380 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; background-color: #cceeff; width: 10%;">
<p style="text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 874,106 </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; background-color: #cceeff; width: 1%;"><br/></td>
<td colspan="2" style="vertical-align: top; padding: 0px; background-color: #cceeff; width: 1%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,264,013 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
</tr>
<tr style="height: 1pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Net cash used in investing activities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (2,136,405 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">)</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (159,349 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">)</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (6,484 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">)</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (321,557 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">)</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px;">
<p style="text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (487,390 </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px;">)</td>
<td colspan="2" style="vertical-align: top; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,649,015 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">)</td>
</tr>
<tr style="height: 1pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Net cash (used in) provided by financing activities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (592,333 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,236,490 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 11,272 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 305,534 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; background-color: #cceeff;">
<p style="text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (919,684 </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; background-color: #cceeff;">)</td>
<td colspan="2" style="vertical-align: top; padding: 0px; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 327,351 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 1pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Effect of exchange rate changes on cash and cash equivalents in foreign currency </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 136,734 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 114,822 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; border-bottom: 1px solid #000000;">
<p style="text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 114,822 </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px;"><br/></td>
<td colspan="2" style="vertical-align: top; padding: 0px; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 21,912 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 1pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Increase (decrease) in cash and cash equivalents </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 546,115 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (515,927 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 116,184 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (18,403) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (418,146 </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; background-color: #cceeff;">)</td>
<td colspan="2" style="vertical-align: top; padding: 0px; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 964,261 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>

<div style="border-right: none; border-left: none;">
<p style="margin: 0pt; text-align: justify; margin-top: 5pt; margin-bottom: 5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">c.4</span> The results for the year and cash flows from discontinued operations as of December 31, 2019 are shown below:</span></p>
</div>
<div style="border-right: none; border-left: none;">
<table cellpadding="0" style="height: 363px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 20px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 27.044%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2019 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.13208%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="10" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 47.517%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Discontinued operations </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 1.13208%;"><br/></td>
<td style="vertical-align: top; height: 20px; width: 0.880503%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2019 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.63522%;"><br/></td>
</tr>
<tr style="height: 20px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 27.044%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Disclosed </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 1.13208%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Oxiteno </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 1.13208%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Extrafarma </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 1.13208%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Eliminations </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 1.47929%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: top; border-bottom: 1pt solid #000000; height: 20px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="vertical-align: top; border-bottom: 1pt solid #000000; height: 20px; width: 1.13208%;"><br/></td>
<td style="vertical-align: top; height: 20px; width: 0.880503%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> <span style="color: #000000; font-family: 'times new roman', times; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Re-</span>Restated </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.63522%;"><br/></td>
</tr>
<tr style="height: 20px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 27.044%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Net revenue from sales and services </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> 89,297,975 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.13208%; height: 20px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;">4,254,237 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.13208%; height: 20px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;">2,060,569 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.13208%; height: 20px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;"> (<span style="border-left: none; border-right: none; font-weight: bold;">21,560 </span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 20px; background-color: #cceeff;"><span style="font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 20px; padding: 0px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;">6,293,246 </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; width: 1.13208%; height: 20px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 20px; padding: 0px; width: 0.880503%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="border-left: none; border-right: none; font-weight: bold;"> 83,004,729 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.63522%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Cost of products and services sold </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (83,187,109 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;">( 3,537,570 </p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;">(<span style="font-family: 'times new roman', times; font-size: 10pt;">1,462,313 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">21,560 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.47929%;">
<p><br/></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; padding: 0px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;">( 4,978,323 </p>
</td>
<td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 19px; width: 1.13208%;">)</td>
<td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (78,208,786 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%;">)</td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Gross profit </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="border-left: none; border-right: none; font-weight: bold;"> 6,110,866 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;">716,667 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;">598,256 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; padding: 0px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;">1,314,923 </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.13208%; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 4,795,943&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 27.044%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Operating income (expenses) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13208%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13208%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13208%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; padding: 0px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 10px; width: 1.13208%;"><br/></td>
<td style="vertical-align: bottom; height: 10px; padding: 0px; width: 0.880503%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.63522%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Selling marketing and administrative </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;">( 4,366,640 </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;">( 737,606 </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;">(<span style="font-family: 'times new roman', times; font-size: 10pt;">742,599</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; padding: 0px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;">( 1,480,205 </p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.13208%; background-color: #cceeff;">)</td>
<td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;">( 2,886,435 </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Other operating income, net </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; (443,674 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160; &#160;(5,348 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;">(<span style="font-family: 'times new roman', times; font-size: 10pt;">580,055 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; padding: 0px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;">( 585,403 </p>
</td>
<td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 19px; width: 1.13208%;">)</td>
<td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"> 141,729 </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%;"><br/></td>
</tr>
<tr style="height: 37px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 37px; width: 27.044%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Operating income (loss) before finance income (expenses) and share of profit (loss) of subsidiaries, joint ventures and associates </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> 1,300,552 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 1.13208%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;">(26,287 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 1.13208%; background-color: #cceeff;"><span style="font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">(724,398</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 1.13208%; background-color: #cceeff;"><span style="font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 1.47929%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; padding: 0px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="border-left: none; border-right: none; font-weight: bold;">(750,685 </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 37px; width: 1.13208%; background-color: #cceeff;"><span style="font-weight: bold;">)</span></td>
<td style="vertical-align: bottom; height: 37px; padding: 0px; width: 0.880503%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="border-left: none; border-right: none; font-weight: bold;"> 2,051,237 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.63522%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Share of profit (loss) of subsidiaries, joint ventures and associates </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; (12,145 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">528 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">36 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; padding: 0px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"> 564 </p>
</td>
<td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 19px; width: 1.13208%;"><br/></td>
<td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;">( 12,709 </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%;">)</td>
</tr>
<tr style="height: 37px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 37px; width: 27.044%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Operating income (loss) before finance income (expenses) and income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="border-left: none; border-right: none; font-weight: bold;"> 1,288,407 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 1.13208%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">(25,759 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 1.13208%; background-color: #cceeff;"><span style="font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="border-left: none; border-right: none; font-weight: bold;">(724,398 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 1.13208%; background-color: #cceeff;"><span style="font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">36 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 1.47929%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; padding: 0px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="border-left: none; border-right: none; font-weight: bold;">(750,121 </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 37px; width: 1.13208%; background-color: #cceeff;"><span style="font-weight: bold;">)</span></td>
<td style="vertical-align: bottom; height: 37px; padding: 0px; width: 0.880503%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> 2,038,528 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.63522%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Financial result, net </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (506,854 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"> 14,464 </p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">(32,451 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; (184,484 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; padding: 0px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">166,497 </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 19px; width: 1.13208%;"><br/></td>
<td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;">( 673,351 </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%;">)</td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Profit (loss) before income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;"> 781,553 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;">(11,295 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%; background-color: #cceeff;"><span style="font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">(756,849 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%; background-color: #cceeff;"><span style="font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;">184,520 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.47929%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; padding: 0px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">(583,624 </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 19px; width: 1.13208%; background-color: #cceeff;"><span style="font-weight: bold;">)</span></td>
<td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="border-left: none; border-right: none; font-weight: bold;"> 1,365,177 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (378,609 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%;"><span style="font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;">35,191 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;">118,901 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;">(</span><span style="border-left: none; border-right: none; font-weight: bold;">62,725 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"><span style="font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; padding: 0px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;">91,367 </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.13208%;"><br/></td>
<td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="border-left: none; border-right: none; font-weight: bold;">(469,976 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%;"><span style="font-weight: bold;">)</span></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Net income from continuing operations </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"> 402,944 </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"> 23,896 </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">
<p style="margin: 2pt 0pt 0pt; text-align: right; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">( 637,948 </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;"><span style="font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">121,795 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; padding: 0px; width: 9.81132%; background-color: #cceeff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;">(</span> 492,257 </p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.13208%; background-color: #cceeff;"><span style="font-weight: bold;">)</span></td>
<td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"> 895,201 </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Net income from discontinued operations </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 19px; width: 1.13208%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">(23,896 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 19px; width: 1.13208%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">637,948 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 19px; width: 1.13208%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">(121,795 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 19px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; padding: 0px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">492,257 </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1pt solid #000000; padding: 0px; height: 19px; width: 1.13208%;"><br/></td>
<td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;">( 492,257 </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%;">)</td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Profit (loss) for the year </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"> 402,944 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; padding: 0px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;"> - </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.13208%; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="border-left: none; border-right: none; font-weight: bold;"> 402,944 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 27.044%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">Depreciation and amortization for the year <span style="font-size: 8pt;"><sup>(1)</sup></span>&#160;</span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;"> 1,499,955 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13208%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&#160;&#160;222,004 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13208%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;">154,324 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13208%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; padding: 0px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">376,328 </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 10px; width: 1.13208%;"><br/></td>
<td style="vertical-align: bottom; height: 10px; padding: 0px; width: 0.880503%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="border-left: none; border-right: none; font-weight: bold;"> 1,123,627 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.63522%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<div style="border-right: none; border-left: none;">
<div id="Normadiv207" style="font-family: 'times new roman', times; font-size: 10pt;">
<div>
<p style="margin: 0pt; text-align: justify; margin-top: 5pt; margin-bottom: 5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">(i) Balances included for complete breakdown of segment information.</span></p>
</div>
</div>
</div>
<div style="border-right: none; border-left: none;">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 116px;" width="100%">
<tbody>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.8876%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2019 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="12" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 50.5293%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Discontinued operations </span></p>
</td>
<td style="vertical-align: top; height: 19px; width: 0.887574%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2019 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.8876%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Disclosed </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom-width: 1px; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.46746%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Oxiteno </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom-width: 1px; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Extrafarma </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom-width: 1px; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 11.2426%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Eliminations </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom-width: 1px; height: 19px; width: 1.47929%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: top; border-bottom: 1px solid #000000; height: 19px; width: 9.91124%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="vertical-align: top; border-bottom: 1px solid #000000; height: 19px; width: 0.887574%;"><br/></td>
<td colspan="2" style="vertical-align: top; border-bottom-width: 1px; height: 19px; width: 0.973095%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> <span style="color: #000000; font-family: 'times new roman', times; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Re-</span>Restated </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.8876%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> (A) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 9.46746%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 11.2426%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.47929%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; width: 9.91124%;">
<p style="margin: 2pt 2.85pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> (B) </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; width: 0.887574%;"><br/></td>
<td colspan="2" style="vertical-align: top; height: 19px; width: 0.973095%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> (A-B) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 25.8876%; height: 10px; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Net cash provided by (used in) operating activities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 9.76331%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,924,852 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.33136%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.77515%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 9.46746%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 486,276 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.33136%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.77515%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 9.76331%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 23,282 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.33136%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.77515%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.2426%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 42,910 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; width: 9.91124%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 552,468 </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; width: 0.887574%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="vertical-align: top; padding: 0px; width: 0.973095%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 9.76331%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,372,384 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.8876%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Net cash used in investing activities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 9.76331%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;">(1,835,261</p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 1.33136%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 1.77515%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 9.46746%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (882,894 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 1.33136%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 1.77515%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 9.76331%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (122,462 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 1.33136%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 1.77515%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 11.2426%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 9,433 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 1.47929%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; margin: 0px; text-indent: 0px; width: 9.91124%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (995,923 </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; margin: 0px; text-indent: 0px; width: 0.887574%;">)</td>
<td colspan="2" style="vertical-align: top; padding: 0px; height: 19px; margin: 0px; text-indent: 0px; width: 0.973095%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 9.76331%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (839,338 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 1.47929%;">)</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 25.8876%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <b style="mso-bidi-font-weight: normal;"><span style="color: #000000;">Net cash (used in) provided by financing activities</span></b> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.76331%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (2,922,229 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.33136%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.77515%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.46746%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (375,258 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.33136%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.77515%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.76331%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 125,852 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.77515%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 11.2426%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 7,499 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.47929%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.91124%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (241,907 </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 0.887574%;">)</td>
<td colspan="2" style="vertical-align: top; padding: 0px; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 0.973095%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.76331%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (2,680,322 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.47929%;">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 25.8876%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Effect of exchange rate changes on cash and cash equivalents in foreign currency </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 9.76331%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 9,066 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 10px; margin: 0px; text-indent: 0px; width: 1.77515%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 9.46746%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 30,871 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 10px; margin: 0px; text-indent: 0px; width: 1.77515%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 9.76331%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 10px; margin: 0px; text-indent: 0px; width: 1.77515%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 11.2426%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 10px; margin: 0px; text-indent: 0px; width: 1.47929%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 10px; margin: 0px; text-indent: 0px; width: 9.91124%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 30,871 </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 10px; margin: 0px; text-indent: 0px; width: 0.887574%;"><br/></td>
<td colspan="2" style="vertical-align: top; padding: 0px; border-bottom-width: 1px; height: 10px; margin: 0px; text-indent: 0px; width: 0.973095%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 9.76331%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (21,805 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 1.47929%;">)</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 25.8876%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Increase (decrease) in cash and cash equivalents </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.76331%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,823,572 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.33136%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.77515%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.46746%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (741,005 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.33136%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.77515%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.76331%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 26,672 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.77515%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 11.2426%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 59,842 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.47929%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 2.8pt double #000000; padding: 0px; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.91124%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (654,491 </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 2.8pt double #000000; padding: 0px; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 0.887574%;">)</td>
<td colspan="2" style="vertical-align: top; padding: 0px; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 0.973095%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.76331%;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,169,081 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.47929%;">)</td>
</tr>
</tbody>
</table>
</div>

</div>
</div>
<p style="margin: 0pt; text-align: justify; margin-top: 5pt; margin-bottom: 5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">c.3.1</span>&#160;Share of profit (loss) of investees Oxiteno and Extrafarma, net of related parties, were re-present as discontinued operations in the total amount of R$ (492,257) in the statement of profit or loss for the year 2019, as per Notes 3.c.3 and 13.a.&#160;&#160;</span></p>
<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfNoncurrentAssetsHeldForSaleAndDiscontinuedOperationsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for non-current assets held for sale and discontinued operations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2021-01-01<br> -Section Presentation and disclosure<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=5&amp;code=ifrs-tx-2021-en-r&amp;doctype=Standard&amp;dita_xref=IFRS05_g30-42_TI<br> -URIDate 2021-03-24<br></p></div>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147278332120">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Principles of Consolidation and Investments in Subsidiaries<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfPrinciplesOfConsolidationAndInvestmentsInSubsidiariesAbstract', window );"><strong>Disclosure of Principles of Consolidation and Investments in Subsidiaries [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfPrinciplesOfConsolidationAndInvestmentsInSubsidiariesTextBlock', window );">Principles of Consolidation and Investments in Subsidiaries</a></td>
<td class="text">
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">4</span><span style="font-family: 'Times New Roman'; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-weight: bold;">Principles of </span><span style="font-family: 'Times New Roman'; font-weight: bold;">c</span><span style="font-family: 'Times New Roman'; font-weight: bold;">onsolidation</span><span style="font-family: 'Times New Roman'; font-weight: bold;"> and</span><span style="font-family: 'Times New Roman'; font-weight: bold;"> </span><span style="font-family: 'Times New Roman'; font-weight: bold;">i</span><span style="font-family: 'Times New Roman'; font-weight: bold;">nvestments in </span><span style="font-family: 'Times New Roman'; font-weight: bold;">s</span><span style="font-family: 'Times New Roman'; font-weight: bold;">ubsidiaries </span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">a. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Principles of </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">c</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">onsolidation</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">In the preparation of the consolidated </span><span style="font-family: 'Times New Roman';">financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">the </span><span style="font-family: 'Times New Roman';">i</span><span style="font-family: 'Times New Roman';">nvestments of one company in another, balances of asset and liability accounts</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> revenues </span><span style="font-family: 'Times New Roman';">transactions, costs </span><span style="font-family: 'Times New Roman';">and expenses were eliminated, as well as the effects of transactions conducted between the companies. Non-controlling interests in subsidiaries are presented within consolidated equity and net income.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Consolidation of a subsidiary begins when the&#160;</span><span style="font-family: 'Times New Roman';">Company obtains direct or indirect control over a entity</span><span style="font-family: 'Times New Roman';">&#160;and ceases when the</span><span style="font-family: 'Times New Roman';">&#160;company loses control. Income and expenses of a subsidiary acquired are included in the consolidated </span><span style="font-family: 'Times New Roman';">statement of</span><span style="font-family: 'Times New Roman';"> profit or </span><span style="font-family: 'Times New Roman';">loss and</span><span style="font-family: 'Times New Roman';"> comprehe</span><span style="font-family: 'Times New Roman';">nsive income from the date the C</span><span style="font-family: 'Times New Roman';">ompany gains the control. Income and expenses of a subsidiary</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">in </span><span style="font-family: 'Times New Roman';">which </span><span style="font-family: 'Times New Roman';">the p</span><span style="font-family: 'Times New Roman';">arent&#160;Company loses control,</span><span style="font-family: 'Times New Roman';"> are included in the consolidated </span><span style="font-family: 'Times New Roman';">statement of</span><span style="font-family: 'Times New Roman';"> profit or </span><span style="font-family: 'Times New Roman';">loss and</span><span style="font-family: 'Times New Roman';"> comprehen</span><span style="font-family: 'Times New Roman';">sive income until the date the C</span><span style="font-family: 'Times New Roman';">ompany loses control. </span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">When </span><span style="font-family: 'Times New Roman';">necessary</span><span style="font-family: 'Times New Roman';"> adjustments are made to the </span><span style="font-family: 'Times New Roman';">financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">of </span><span style="font-family: 'Times New Roman';">subsidiaries to bring their accounting policies into line with the Company&#8217;s accounting policies.</span></span></p>
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div>

</div>
<p style="margin: 0pt; text-align: justify; font-family: 'Times New Roman'; font-size: 5pt;"><span style="font-family: 'Times New Roman'; font-size: 5pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">b. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Investments in </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">s</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ubsidiaries</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"> </span></span></p>
<p style="margin: 0pt; text-align: justify; font-family: 'Times New Roman'; font-size: 5pt;"><span style="font-family: 'Times New Roman'; font-size: 5pt;">&#160;</span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The consolidated </span><span style="font-family: 'Times New Roman';">financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">include the following direct and indirect subsidiaries:</span></span></p>
<p style="margin: 0pt; text-align: justify; font-family: 'Times New Roman'; font-size: 5pt;"><span style="font-family: 'Times New Roman'; font-size: 5pt;">&#160;</span></p>
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<td colspan="2" style="vertical-align: bottom; background-color: #ffffff; height: 10px; width: 52.9352%; padding: 0px; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #ffffff; height: 10px; width: 7.99595%; padding: 0px; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #ffffff; height: 10px; width: 0.506073%; padding: 0px; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="11" style="border-bottom: 1px solid #000000; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 40.9317%; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> % interest in the share </span></p>
</td>
</tr>
<tr style="height: 10px;">
<td colspan="2" style="vertical-align: bottom; height: 10px; width: 52.9352%; padding: 0px; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
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<td style="vertical-align: bottom; height: 10px; width: 7.99595%; padding: 0px; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
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<td style="vertical-align: bottom; height: 10px; width: 0.506073%; padding: 0px; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="3" style="border-bottom: 1px solid #000000; border-top: 1pt solid #000000; vertical-align: bottom; height: 10px; width: 12.9555%; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="border-top: 1pt solid #000000; vertical-align: bottom; height: 10px; width: 0.506073%; padding: 0px; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="3" style="border-bottom: 1px solid #000000; border-top: 1pt solid #000000; vertical-align: bottom; height: 10px; width: 13.4314%; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 0.506073%; padding: 0px; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="3" style="border-bottom: 1px solid #000000; vertical-align: top; height: 10px; width: 13.5326%; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2019 </span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #ffffff;">
<td style="vertical-align: bottom; background-color: #ffffff; height: 10px; width: 40.8907%; padding: 0px; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #ffffff; height: 10px; width: 12.0445%; padding: 0px; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #ffffff; height: 10px; width: 7.99595%; padding: 0px; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #ffffff; height: 10px; width: 0.506073%; padding: 0px; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="3" style="border-bottom: 1px solid #000000; border-top: 0.5pt solid #000000; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 12.9555%; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Control </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 0.506073%; padding: 0px; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="3" style="border-bottom: 1px solid #000000; border-top: 0.5pt solid #000000; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 13.4314%; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Control </span></p>
</td>
<td style="vertical-align: top; background-color: #ffffff; height: 10px; width: 0.506073%; padding: 0px; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="3" style="vertical-align: top; background-color: #ffffff; height: 10px; width: 13.5326%; border-top: 1pt solid #000000; border-bottom: 1px solid #000000; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Control </span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: bottom; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Location </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Segment </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Direct </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Indirect </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Direct </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Indirect </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; vertical-align: top; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Direct </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; vertical-align: top; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; vertical-align: top; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Indirect </span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff; width: 40.8907%; height: 10px;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Ipiranga Produtos de Petr&#243;leo S.A. </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; width: 12.0445%; height: 10px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Brazil </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; width: 7.99595%; height: 10px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Ipiranga </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; width: 0.506073%; height: 10px;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; width: 5.97166%; height: 10px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; width: 1.01215%; height: 10px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; width: 5.97166%; height: 10px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
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<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Ipiranga </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 56 </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 56 </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 56 </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 99 </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 99 </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
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<td style="vertical-align: top; height: 10px; width: 0.506073%;">
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<td style="vertical-align: top; height: 10px; width: 5.97166%;">
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<td style="vertical-align: top; height: 10px; width: 1.4881%;">
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<td style="vertical-align: top; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
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<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;">
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<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
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<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;">
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<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;">
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<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
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</td>
<td style="vertical-align: bottom; height: 11px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; height: 11px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 11px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 57 </span></p>
</td>
<td style="vertical-align: bottom; height: 11px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 11px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; height: 11px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 11px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 57 </span></p>
</td>
<td style="vertical-align: top; height: 11px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 11px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: top; height: 11px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 11px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 57 </span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"> &#160;&#160;&#160;&#160; Bahiana Distribuidora de G&#225;s Ltda. </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Brazil </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Ultragaz </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: bottom; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"> &#160;&#160;&#160;&#160; LPG International Inc. </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Cayman Islands </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Ultragaz </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"> &#160;&#160;&#160;&#160; Imaven Im&#243;veis Ltda. </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Brazil </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Others </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: bottom; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman';">&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman';">Imifarma Produtos Farmac&#234;uticos e Cosm&#233;ticos S.A. </span><sup><sup><span style="font-family: 'Times New Roman'; vertical-align: super;">(3)</span></sup></sup><span style="font-family: 'Times New Roman';"> </span></span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Brazil </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Extrafarma </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: middle; background-color: #cceeff; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman';">&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman';">UVC Investimentos Ltda.</span><sup><sup><span style="font-family: 'Times New Roman'; vertical-align: super;"> (4)</span></sup></sup></span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Brazil </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Others </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 99 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 99 </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: bottom; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman';">Centro de Conveni&#234;ncias Millennium Ltda. and subsidiaries</span><span style="font-family: 'Times New Roman';"> </span><sup><sup><span style="font-family: 'Times New Roman'; vertical-align: super;">(5)</span></sup></sup></span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Brazil </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Ipiranga </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
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<td style="vertical-align: bottom; height: 10px; width: 1.4881%;">
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<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"> &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Oxiteno Servicios Industriales S.A. de C.V. </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Mexico </span></p>
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<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;">
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<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
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<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
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<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;">
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<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"> &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Oxiteno USA LLC </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> United States </span></p>
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<td style="vertical-align: bottom; height: 10px; width: 1.4881%;">
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<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"> &#160;&#160;&#160;&#160; Global Petroleum Products Trading Corp. </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
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<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;">
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</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: bottom; height: 10px; width: 40.8907%;">
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<td style="vertical-align: bottom; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Brazil </span></p>
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<td style="vertical-align: bottom; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Ultracargo </span></p>
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<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
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<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
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</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;">
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<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Brazil </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Ultracargo </span></p>
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<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
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<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
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<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
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<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 99 </span></p>
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<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
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<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 99 </span></p>
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<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
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<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
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<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
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<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 99 </span></p>
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<tr style="height: 10px;">
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<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Brazil </span></p>
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<td style="vertical-align: bottom; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Ultracargo </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
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<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
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<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
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<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
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<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
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<td style="vertical-align: bottom; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
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<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
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<td style="vertical-align: top; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
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<td style="vertical-align: top; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
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<td style="vertical-align: top; height: 10px; width: 1.4881%;">
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<td style="vertical-align: top; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Brazil </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
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<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
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<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
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<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 12px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 12px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 12px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 12px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
</tr>
<tr style="height: 20px;">
<td style="vertical-align: middle; height: 20px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman';">UVC &#8211; Fundo de investimento em participa&#231;&#245;es multiestrat&#233;gia investimento no exterior </span><sup><sup><span style="font-family: 'Times New Roman'; vertical-align: super;">(8)</span></sup></sup><span style="font-family: 'Times New Roman';"> </span></span></p>
</td>
<td style="vertical-align: bottom; height: 20px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Brazil </span></p>
</td>
<td style="vertical-align: bottom; height: 20px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Others </span></p>
</td>
<td style="vertical-align: bottom; height: 20px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 20px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
<td style="vertical-align: bottom; height: 20px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 20px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; height: 20px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 20px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
<td style="vertical-align: bottom; height: 20px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 20px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: top; height: 20px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 20px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: top; height: 20px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 20px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
</tr>
<tr style="height: 15px; background-color: #cceeff;">
<td style="vertical-align: middle; background-color: #cceeff; height: 15px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman';">Ea&#237; Clube Automobilista S.A. </span><sup><sup><span style="font-family: 'Times New Roman'; vertical-align: super;">(9)</span></sup></sup></span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 15px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Brazil </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 15px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Abastece a&#237; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 15px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 15px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 15px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 15px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 15px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 15px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 15px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 15px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 15px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 15px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 15px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 15px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<div>

</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The percentages in the table above are rounded.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_VYMR02LWLC00000000000000000000b">
<table style="width: 96.0398%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt; height: 97px;">
<tbody>
<tr style="height: 17px;">
<td style="text-align: justify; height: 17px; width: 3%; vertical-align: top;" valign="top">(1)</td>
<td style="text-align: justify; height: 17px; width: 97%; vertical-align: top;" valign="top"><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Non-operating company in closing phase.</span></td>
</tr>
<tr style="height: 10px;">
<td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(2)</span></td>
<td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"><span style="font-size: 10pt;"><span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">In October 2020 there was a change in the share capital of the company&#160;</span>Uting&#225;s<span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">, which became controlled by&#160;</span>Companhia<span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;</span>Ultragaz<span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;S.A. (&#8220;</span>Cia<span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;</span>Ultragaz<span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#8221;).</span></span></td>
</tr>
<tr style="height: 10px;">
<td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(3)</span></td>
<td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"><span style="font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">On May 18, 2021 the Company announced the signing of an agreement for the sale of all shares of&#160;Extrafarma&#160;to&#160;Pague&#160;Menos. As of December 31, 2021, the Company reclassified the subsidiary's balances to &#8220;assets and liabilities held for sale&#8221;. For more details, see note <span style="border-left: none; border-right: none;">3</span>.</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">c<span style="border-left: none; border-right: none;">.1</span></span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">.</span></span></td>
</tr>
<tr style="height: 10px;">
<td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(4)</span></td>
<td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"><span style="letter-spacing: 0px; font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 0px; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Subsidiary set up in January 2020 to provide valuation, business management and financial advisory services to UVC -&#160;Fundo&#160;de&#160;investimento&#160;em&#160;participa&#231;&#245;es&#160;multiestrat&#233;gia&#160;investimento&#160;no exterior&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">(&#8220;UVC &#8211;&#160;Fundo&#160;de&#160;investimento&#8221;)</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">. In September 2020 the Company&#8217;s name was changed to UVC&#160;Investimentos&#160;Ltda&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">(&#8220;UVC&#160;Investimentos&#8221;)</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">.</span></span></td>
</tr>
<tr style="height: 10px;">
<td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(5)</span></td>
<td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">In May 2020 there was a change in the interest of the capital of the subsidiary Millennium which became a direct subsidiary of the Company.</span></td>
</tr>
<tr style="height: 10px;">
<td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(6)</span></td>
<td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"><span style="font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">On August 16, 2021, the Company announced the signing of agreement for the sale of its interest in&#160;Oxiteno&#160;S.A. to&#160;Indorama. As of December 31, 2021, the Company reclassified the subsidiary's balances to &#8220;assets and liabilities held for sale&#8221;. For more details, see Note <span style="border-left: none; border-right: none;">3</span>.c</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">.1</span></span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">.</span></span></td>
</tr>
<tr style="height: 10px;">
<td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(7)</span><br/></td>
<td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"><span style="font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">In April 2021 the name of subsidiary&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Terminal&#160;Qu&#237;mico&#160;de&#160;Aratu&#160;S.A &#8211;&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Tequimar&#160;was changed to&#160;Ultracargo&#160;Log&#237;stica&#160;S.A. (</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#8220;Ultracargo&#160;Log&#237;stica&#8221;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">).</span></span></td>
</tr>
<tr style="height: 10px;">
<td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(8)</span></td>
<td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Fund set up on January 2020, the UVC has the purpose to monetize the resources of its shareholders through investment in promising companies in business segments that are complementary to the Company's businesses, with additional benefits such as of startups and new technologies.</span></td>
</tr>
<tr style="height: 10px;">
<td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(9)</span></td>
<td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"><span style="font-size: 10pt;"><span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Subsidiary set up in July 2020, focused on digital payments and electronic retail, combining the &#8220;</span>abastece<span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;a&#237;&#8221; app and the &#8220;Km de&#160;</span>Vantagens<span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#8221; program.</span></span><br/></td>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147279120392">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Cash and Cash Equivalents and Financial Investments<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
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<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfCashAndCashEquivalentsAndFinancialInvestmentsAndHedgeDerivativeFinancialInstrumentsAbstract', window );"><strong>Disclosure of Cash and Cash Equivalents and Financial Investments and Hedge Derivative Financial Instruments [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfCashAndCashEquivalentsAndFinancialInvestmentsAndHedgeDerivativeFinancialInstrumentsTextBlock', window );">Cash and cash equivalents, financial investments and hedge derivative financial instruments</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify; font-weight: bold;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;"><span style="border-right: none; border-left: none;">5</span></span><span style="font-family: 'Times New Roman'; font-weight: bold;">. Cash and </span><span style="font-family: 'Times New Roman'; font-weight: bold;">c</span><span style="font-family: 'Times New Roman'; font-weight: bold;">ash </span><span style="font-family: 'Times New Roman'; font-weight: bold;">e</span><span style="font-family: 'Times New Roman'; font-weight: bold;">quivalents</span><span style="font-family: 'Times New Roman'; font-weight: bold;">,</span><span style="font-family: 'Times New Roman'; font-weight: bold;"> </span><span style="font-family: 'Times New Roman'; font-weight: bold;">f</span><span style="font-family: 'Times New Roman'; font-weight: bold;">inancial </span><span style="font-family: 'Times New Roman'; font-weight: bold;">i</span><span style="font-family: 'Times New Roman'; font-weight: bold;">nvestments</span><span style="font-family: 'Times New Roman'; font-weight: bold;"> and </span><span style="font-family: 'Times New Roman'; font-weight: bold;">h</span><span style="font-family: 'Times New Roman'; font-weight: bold;">edge </span><span style="font-family: 'Times New Roman'; font-weight: bold;">d</span><span style="font-family: 'Times New Roman'; font-weight: bold;">erivative </span><span style="font-family: 'Times New Roman'; font-weight: bold;">f</span><span style="font-family: 'Times New Roman'; font-weight: bold;">inancial </span><span style="font-family: 'Times New Roman'; font-weight: bold;">i</span><span style="font-family: 'Times New Roman'; font-weight: bold;">nstruments</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Cash equivalents and financial investments, excluding cash and bank deposits, are substantially represented by investments: (</span><span style="font-family: 'Times New Roman';">i</span><span style="font-family: 'Times New Roman';">) in Brazil, in certificates of deposit of financial institutions linked to </span><span style="font-family: 'Times New Roman';">interest rate of </span><span style="font-family: 'Times New Roman';">the </span><span style="font-family: 'Times New Roman';">DI</span><span style="font-family: 'Times New Roman';">, in </span><span style="font-family: 'Times New Roman';">repurchase agreement</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> financial bills,</span><span style="font-family: 'Times New Roman';"> and in short term investments funds, whose portfolio comprised of Brazilian Federal Government bonds</span><span style="font-family: 'Times New Roman';"> and in certificates of deposit of financial institutions</span><span style="font-family: 'Times New Roman';">; (ii) outside Brazil, in certificates of deposit of financial institutions</span><span style="font-family: 'Times New Roman';"> and in short</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">term investments funds, </span><span style="font-family: 'Times New Roman';">whose portfolio compris</span><span style="font-family: 'Times New Roman';">ed of </span><span style="font-family: 'Times New Roman';">F</span><span style="font-family: 'Times New Roman';">ederal </span><span style="font-family: 'Times New Roman';">G</span><span style="font-family: 'Times New Roman';">overnment </span><span style="font-family: 'Times New Roman';">bond</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';">; and (iii) in currency and interest rate hedging instruments.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The financial assets were classified in Note 33</span><span style="font-family: 'Times New Roman';">.j</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">based on business model of financial assets</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">of the Company and its subsidiaries.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Cash, cash equivalents and financial investments amounted </span><span style="font-family: 'Times New Roman';">to </span><span style="font-family: 'Times New Roman';">R</span><span style="font-family: 'Times New Roman';">$</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">4,463,473</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">20</span><span style="font-family: 'Times New Roman';">2</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';"> (</span><span style="font-family: 'Times New Roman';">R$</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">8,672,160</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of December 31, 20</span><span style="font-family: 'Times New Roman';">20</span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">are as follows:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">a. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Cash and cash equivalents</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Cash and cash equivalents </span><span style="font-family: 'Times New Roman';">of the Company and its subsidiaries are </span><span style="font-family: 'Times New Roman';">presented</span><span style="font-family: 'Times New Roman';"> as follows:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_AWUV4DE06O00000000000000000000b">
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Cash and bank deposits </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 73%;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> In local currency </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 317,907 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 285,306 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> In foreign currency </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 16,640 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 119,775 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial investments considered cash equivalents </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> In local currency </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 20pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.75pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fixed-income securities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,943,164 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,241,852 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> In foreign currency </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 20pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.75pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fixed-income securities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,363 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 14,561 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total cash and cash equivalents&#160;</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,280,074 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,661,494 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><br/></p>


<p style="margin: 0pt; text-align: justify;"><br/></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">b. Financial investments</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"> and</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"> </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">c</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">urrency and </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">i</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">nterest </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">r</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ate </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">h</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">edging </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">i</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">nstruments&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The financial investments</span><span style="font-family: 'Times New Roman';"> which are not classified as cash and cash equivalents</span><span style="font-family: 'Times New Roman';"> are </span><span style="font-family: 'Times New Roman';">presented</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as follows:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_LBWUI67GCW00000000000000000000b">
<table cellpadding="0" style="height: 172px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial investments </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> In local currency </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 73%;">
<p style="margin: 0pt 0pt 0pt 20pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.75pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fixed-income securities and funds </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,607,608 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,749,852 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> In foreign currency </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 20pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.75pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fixed-income securities and funds </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 103,239 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,278,940 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Currency and interest rate hedging instruments (a) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 472,552 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 981,874 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total financial investments </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,183,399 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 6,010,666 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,804,122 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 5,033,258 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Non-current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 379,277 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 977,408 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(a) Accumulated gains, net of income tax (see Note 33.i).</span></p>

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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147279424056">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Trade Receivables and Reseller Financing<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
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<td class="text">&#160;<span></span>
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<tr class="ro">
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<td class="text">
<p style="margin: 0pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">6</span><span style="font-family: 'Times New Roman'; font-weight: bold;">. Trade </span><span style="font-family: 'Times New Roman'; font-weight: bold;">r</span><span style="font-family: 'Times New Roman'; font-weight: bold;">eceivables </span><span style="font-family: 'Times New Roman'; font-weight: bold;">and </span><span style="font-family: 'Times New Roman'; font-weight: bold;">r</span><span style="font-family: 'Times New Roman'; font-weight: bold;">eseller </span><span style="font-family: 'Times New Roman'; font-weight: bold;">f</span><span style="font-family: 'Times New Roman'; font-weight: bold;">inancing</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">a. Trade </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">r</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">eceivables</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The </span><span style="font-family: 'Times New Roman';">composition</span><span style="font-family: 'Times New Roman';"> of t</span><span style="font-family: 'Times New Roman';">rade receivables </span><span style="font-family: 'Times New Roman';">is</span><span style="font-family: 'Times New Roman';"> as follows:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_TIEJ424GCG00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 155px;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 73%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Domestic customers </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; width: 2%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,805,756 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,443,641 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Domestic customers &#8211; related parties (see Note 9.a) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 57 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 151 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Foreign customers </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,137 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 326,442 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Foreign customers &#8211; related parties (see Note 9.a) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 4,400 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,984 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (-) Loss allowance for expected credit losses </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (374,355 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (382,096 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,438,995 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,391,122 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Current </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,375,246 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,318,927 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Non-current </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 63,749 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 72,195 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
</tbody>
</table>

</div>

<p style="margin: 0pt; text-align: justify;"><br/></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The breakdown of trade receivables, gross</span><span style="font-family: 'Times New Roman';"> of </span><span style="font-family: 'Times New Roman';">loss allowance for expected credit losses</span><span style="font-family: 'Times New Roman';">, is as follows:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_B289WFEEFK00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 61px;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td colspan="13" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Past due </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Current </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> less than 30 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 31-60 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 61-90 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 91-180 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> more than 180 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 17%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 10%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,813,350 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 10%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,131,528 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 10%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 90,024 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 10%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 33,255 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 10%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 24,804 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 10%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 23,903 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 10%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 509,836 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,773,218 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,963,163 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 124,606 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 27,970 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 21,389 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 47,169 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 588,921 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The breakdown of </span><span style="font-family: 'Times New Roman';">loss allowance for expected credit losses</span><span style="font-family: 'Times New Roman';">, is as follows:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_XVGJSX1W5C00000000000000000000b">
<table cellpadding="0" style="height: 61px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td colspan="13" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Past due </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Current </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> less than 30 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 31-60 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 61-90 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 91-180 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> more than 180 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 374,355 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 21,962 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,595 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,049 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,761 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 14,926 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 330,062 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 382,096 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 21,219 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,154 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,751 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,233 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 13,378 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 341,361 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Movements in the allowance for </span><span style="font-family: 'Times New Roman';">loss allowance for expected credit losses</span><span style="font-family: 'Times New Roman';"> are as follows:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_GRRB0451C000000000000000000000b">
<table cellpadding="0" style="height: 170px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 82%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2019 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 2%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 15%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 404,886 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Additions </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 194,220 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Reversals </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (203,994 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Write-offs </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (13,016 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 382,096 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Additions </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 177,872 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Reversals </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (150,160 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Write-offs </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (18,646 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Reclassification to assets held for sale </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (16,807 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 374,355 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">For </span><span style="font-family: 'Times New Roman';">more</span><span style="font-family: 'Times New Roman';"> information about the allowance for </span><span style="font-family: 'Times New Roman';">loss allowance for expected credit losses</span><span style="font-family: 'Times New Roman';"> see Note 33</span><span style="font-family: 'Times New Roman';">.d.3.</span></span></p>

<p style="font-size: 11pt; line-height: 115%; margin: 10pt 0pt 10pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">b. Reseller financing&#160;</span><br/></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The composition of reseller financing is as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_XATUVL3YN400000000000000000000b">
<table cellpadding="0" style="height: 102px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 70%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-size: 10pt;"> Reseller financing &#8211; Ipiranga </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 2%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,183,312 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,165,395 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (-) Loss allowance for expected credit losses </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (185,278 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (197,011 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 998,034 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 968,384 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Current </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 582,562 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 549,129 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Non-current </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 415,472 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 419,255 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
</tbody>
</table>
</div>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The breakdown of </span><span style="font-family: 'Times New Roman';">reseller financing</span><span style="font-family: 'Times New Roman';">, gross of </span><span style="font-family: 'Times New Roman';">loss allowance for expected credit losses</span><span style="font-family: 'Times New Roman';">, is as follows:&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_UX7488B7XC00000000000000000000b">
<table cellpadding="0" style="height: 84px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td colspan="13" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Past due </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;"><br/></td>
</tr>
<tr style="height: 33px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Current </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> less than 30 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 31-60 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 61-90 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 91-180 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> more than 180 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 17%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,183,312 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 770,008 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 19,260 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 24,290 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 14,373 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 26,685 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 328,696 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,165,395 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 787,904 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 10,230 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 15,237 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 21,200 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 28,989 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 301,835 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
</tr>
</tbody>
</table>
</div>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The breakdown of </span><span style="font-family: 'Times New Roman';">loss allowance for expected credit losses</span><span style="font-family: 'Times New Roman';">, is as follows:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_8SIV5NEDDS00000000000000000000b">
<table cellpadding="0" style="height: 85px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.9576%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td colspan="13" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 57.9385%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Past due </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 1.08063%;"><br/></td>
</tr>
<tr style="height: 34px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 16.9576%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 0.997506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; border-bottom: 1px solid #000000; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Current </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; border-bottom: 1px solid #000000; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; border-bottom: 1px solid #000000; width: 10.0582%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> less than 30 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; border-bottom: 1px solid #000000; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; border-bottom: 1px solid #000000; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 31-60 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; border-bottom: 1px solid #000000; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; border-bottom: 1px solid #000000; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 61-90 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; border-bottom: 1px solid #000000; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 91-180 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; border-bottom: 1px solid #000000; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> more than 180 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; width: 1.08063%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.9576%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 185,278 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,514 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0582%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 6,410 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 8,697 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 6,255 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 9,892 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 152,510 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 1.08063%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.9576%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 197,011 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 22,872 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0582%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 785 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,812 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,397 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 14,684 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 154,461 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.08063%;"><br/></td>
</tr>
</tbody>
</table>
</div>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Movements in the allowance for </span><span style="font-family: 'Times New Roman';">loss allowance for expected credit losses</span><span style="font-family: 'Times New Roman';"> are as follows:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_GMRS6XF76O00000000000000000000b">
<table cellpadding="0" style="height: 154px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 82%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2019 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 2%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 15%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 156,006 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Additions </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 74,745 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Reversals </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (29,791 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Write-offs </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (3,949) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 197,011 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Additions </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 65,536 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Reversals </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (68,982 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Write-offs </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (8,287 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 185,278 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"><br/></td>
</tr>
</tbody>
</table>
</div>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">For </span><span style="font-family: 'Times New Roman';">more</span><span style="font-family: 'Times New Roman';"> information about the allowance for </span><span style="font-family: 'Times New Roman';">loss allowance for expected credit losses</span><span style="font-family: 'Times New Roman';"> see Note 33</span><span style="font-family: 'Times New Roman';">.d.3.</span></span></p>
<span></span>
</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of trade and other receivables. [Refer: Trade and other receivables]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 10<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
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<SEQUENCE>43
<FILENAME>R14.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147282470120">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Inventories<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfInventoriesAbstract', window );"><strong>Classes of current inventories [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfInventoriesExplanatory', window );">Inventories</a></td>
<td class="text">
<h1 style="margin: 0pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">7</span><span style="font-family: 'Times New Roman'; font-weight: bold;">. Inventories</span></span></h1>

<p style="margin: 4pt 0 0 0; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The composition of i</span><span style="font-family: 'Times New Roman';">nventories </span><span style="font-family: 'Times New Roman';">is</span><span style="font-family: 'Times New Roman';"> as follows:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_DWR35R1SRK00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 246px;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td colspan="7" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="7" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"><br/></td>
</tr>
<tr style="height: 33px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Provision for losses </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Net balance </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Provision for losses </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Net balance </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 29%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-size: 10pt;"> Fuels, lubricants and greases </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,042,932 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (4,871 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,038,061 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,682,841 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (5,344 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,677,497 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Finished goods </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 646,180 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (22,281 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 623,899 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Work in process </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,450 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,450 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Raw materials </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 293,242 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 293,242 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 568,185 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,827 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 566,358 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Liquefied petroleum gas (LPG) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 151,831 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (5,761 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 146,070 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 110,767 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (5,761 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 105,006 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 33px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Consumable materials and other items for resale </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 117,150 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,875 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 115,275 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 129,559 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (2,598 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 126,961 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px;"><br/></td>
</tr>
<tr style="height: 33px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Pharmaceutical, hygiene, and beauty products </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 521,689 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (2,611 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 519,078 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Purchase for future delivery </span><span style="font-size: 8pt;"><sup><span style="font-family: 'Times New Roman'; vertical-align: super;">(1)</span></sup></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 302,456 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (464 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 301,992 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 198,986 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (464 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 198,522 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Properties for resale </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 24,239 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (107 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 24,132 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 27,532 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (107 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 27,425 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt;"> 3,931,850 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (13,078 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt;"> 3,918,772 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,887,189 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (40,993 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,846,196 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt;"><sup><span style="font-family: 'Times New Roman'; vertical-align: super;">(1)</span></sup><span style="font-family: 'Times New Roman';"> Refers </span><span style="font-family: 'Times New Roman';">substantially </span><span style="font-family: 'Times New Roman';">to </span><span style="font-family: 'Times New Roman';">ethanol, biodiesel</span><span style="font-family: 'Times New Roman';"> and advances for fuel acquisition.</span></span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Movements in the provision for losses are as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_OU6B19VBYO00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 84%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2018 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 15%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 42,587 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0395%;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 84%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Reversals to net realizable value adjustment </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 15%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (5,174 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.0395%;">)</td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 84%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-size: 10pt;"> Additions of obsolescence and other losses </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 15%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 4,296 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0395%;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 84%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-size: 10pt;"> Oxiteno Andina (i) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; width: 15%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (985 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.0395%;">)</td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 84%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2019 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 15%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 40,724 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0395%;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 84%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-size: 10pt;"> Additions to net realizable value adjustment </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 15%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,245 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.0395%;"><br/></td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 84%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-size: 10pt;"> Reversals of obsolescence and other losses </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; width: 15%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,976 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0395%;">)</td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 84%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 15%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 40,993 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.0395%;"><br/></td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 84%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-size: 10pt;"> Additions to net realizable value adjustment </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 15%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 5,974 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0395%;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 84%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-size: 10pt;"> Reversals of obsolescence and other losses </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 15%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (5,184 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.0395%;">)</td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 84%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Reclassification to assets held for sale </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 15%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (28,705 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0395%;">)</td>
</tr>
<tr style="height: 13.5pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 84%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; width: 15%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 13,078 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.0395%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt;"><sup><span style="font-family: 'Times New Roman'; vertical-align: super;">(ii)</span></sup><span style="font-family: 'Times New Roman';"> Refers to the asset write-offs of Oxiteno Andina in 2019</span><span style="font-family: 'Times New Roman';">.</span></span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The breakdown of provisions for losses related to inventories is shown in the table below:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_J6KSCFX6O000000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 85%; margin-left: auto; margin-right: auto;" width="85%">
<tbody>
<tr style="height: 12.75pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;"><br/></td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 73%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net realizable value adjustment </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 8,269 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 17,488 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Obsolescence and other losses </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 4,809 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 23,505 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;"><br/></td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 13,078 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 40,993 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000;"><br/></td>
</tr>
</tbody>
</table>
</div>

<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfInventoriesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfInventoriesAbstract</td>
</tr>
<tr>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfInventoriesExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for inventories.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 2<br> -IssueDate 2021-01-01<br> -Section Disclosure<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=2&amp;code=ifrs-tx-2021-en-r&amp;doctype=Standard&amp;dita_xref=IAS02_g36-39__IAS02_g36-39_TI<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfInventoriesExplanatory</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147284344520">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Taxes to Recover<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
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<td class="text">&#160;<span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfTaxesToRecoverExplanatory', window );">Taxes to Recover</a></td>
<td class="text">
<p style="margin: 0pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">8</span><span style="font-weight: bold;">. Taxes</span><span style="font-weight: bold;"> to </span><span style="font-weight: bold;">r</span><span style="font-weight: bold;">ecover</span></span></p>
<p style="margin-top: 0pt; margin-left: 14.2pt; margin-bottom: 0pt; text-indent: -14.2pt; text-align: justify; font-size: 11pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">a. Recoverable </span><span style="font-style: italic; font-weight: bold;">t</span><span style="font-style: italic; font-weight: bold;">axes</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Recoverable taxes are substantially represented by credits of Tax on Goods and Services (&#8220;ICMS&#8221;, the Brazilian VAT), Contribution for Social Security Financing (&#8220;COFINS&#8221;) and Social Integration Program (&#8220;PIS&#8221;).</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_170CBEDMNK00000000000000000000b">
<table cellpadding="0" style="height: 129px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
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<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 73%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> ICMS (a.1) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 893,206 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,129,325 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> PIS and COFINS (a.2) (a.3) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,177,513 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,297,029 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Value-added tax (IVA) of foreign subsidiaries </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 179 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 35,600 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 37,127 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 57,704 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,108,025 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,519,658 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,061,227 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,044,850 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Non-current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,046,798 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,474,808 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
</tbody>
</table>
</div>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">a.1</span> The recoverable ICMS net of provision for losses is substantially related to the following subsidiaries and operations:</span></p>
<p style="text-align: justify; margin-left: 35px; margin-top: 10pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">(i) The subsidiaries Oxiteno S.A., Empresa Carioca de Produtos Qu&#237;micos S.A. (&#8220;EMCA&#8221;) and Oleoqu&#237;mica Ind&#250;stria e Com&#233;rcio de Produtos Qu&#237;micos Ltda. (&#8220;Oleoqu&#237;mica&#8221;) accumulate credits in the amount of R$ R$ 195,037 as of December 31, 2020 due to sales and transfer transactions within and outside the State of Bahia at reduced rates.</span></p>
<p style="text-align: justify; margin-left: 35px; margin-top: 10pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">(ii) The subsidiaries IPP, Bahiana Distribuidora de G&#225;s Ltda. (&#8220;Bahiana&#8221;), Cia. Ultragaz, AMPM and Iconic Lubrificantes S.A. (&#8220;Iconic&#8221;) have credits in the amount of R$ 893,206 (R$ 754,882 as of December 31, 2020) recognized, mainly, of the following nature: a) transactions of inputs and outputs of products subject to taxation of the own ICMS; b) interstate outflows of oil-related products, whose ICMS was prepaid by the supplier (Petr&#243;leo Brasileiro S.A. (&#8220;Petrobras&#8221;)), in the case of the subsidiaries IPP, Bahiana and Cia. Ultragaz and c) credits for refunds of the ICMS-ST (tax substitution) overpaid when the estimated calculation base is used higher than the actual operation practiced by the subsidiary IPP.&#160;</span></p>
<p style="text-align: justify; margin-left: 35px; margin-top: 10pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span>(iii)&#160;</span><span style="font-family: 'times new roman', times; font-size: 10pt;">As of December 31, 2021, the amount of R$ 19,015, net of provision for impairment of assets, was reclassified to assets held for sale.&#160;</span>The subsidiary Extrafarma had ICMS credits and ICMS-ST (tax substitution) advances in the amount of R$ R$ 179,405 as of December 31, 2020, on the inflow and outflow of operations carried out by its distribution centers, mostly in the North and Northeast, as well as refunds of the ICMS-ST portion overpaid when the estimated calculation base is used higher than the actual operation. </span></p>
<p style="margin: 0pt; text-align: justify; margin-top: 10pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The amounts of recoverable ICMS are realized by the taxed operations itself, being a revolving credit, which means that the credits are monthly offset with the tax payable on sales and new credits are generated by the acquisition of inputs, as well as by the State's refund on tax substitution operations. Management estimates the realization of the credits classified in non-current assets within an average term of up to 5 years.</span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; text-indent: -14.2pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The provision for ICMS losses, in the amount of R$ 48,502 (R$ 52,338 as of December 31, 2020), relates to tax credits of the subsidiaries.</span></p>
<p style="margin-top: 0pt; margin-left: 14.2pt; margin-bottom: 0pt; text-indent: -14.2pt; text-align: justify; font-size: 11pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">a.2</span> The recoverable PIS and COFINS is substantially related to:</span></p>
<p style="text-align: justify; margin-left: 35px; margin-top: 10pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">(i) The balance of PIS and COFINS includes credits recorded under Laws 10,637/2002 and 10,833/2003 in the amount of R$ 607,373 (R$ 651,051 as of December 31, 2020), whose realization will occur through the offset of debts administered by the Brazilian Federal Revenue Service (&#8220;RFB&#8221;) in an estimated term of up to 2&#160;<span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">years&#160;</span>by management. As of December 31, 2021, the amount of R$ 93,108 was reclassified to assets held for sale, as per Note 3.a. </span></p>
<p style="text-align: justify; margin-left: 35px; margin-top: 10pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">(ii) The subsidiaries IPP, Tropical Transportes Ipiranga Ltda (&#8220;Tropical&#8221;), AMPM, Iconic and Ultragaz have credits in the amount of R$ 570,140 (R$ 645,978 as of December 31, 2020) resulting from a favorable decision on the exclusion of ICMS from the calculation basis of PIS and COFINS (see item a.3 below). The management estimates the realization of these credits within up to 3 years. As of December 31, 2021, the amount of R$ 275,813 was reclassified to assets held for sale, as per Note 3.c.1.</span></p>
<p style="margin: 0pt; text-align: justify; margin-top: 10pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The credit balance of PIS and COFINS is realized through the settlement of own debts in subsequent months or with other debts managed by the Receita Federal and social security for cases that the law allows.&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-weight: bold;">a.3</span> On March 15, 2017, due to general repercussions, the STF decided that ICMS does not compose the basis for calculating PIS and COFINS. After filing the Union's Embargoes for Clarification, the STF definitively ruled about the thesis on May 13, 2021, reaffirming the exclusion of the highlighted ICMS from the PIS and COFINS calculation basis and modulating the effects of the decision for the lawsuits filed after March 15, 2017. Certain subsidiaries have credits originated from favorable decisions on the exclusion of ICMS from the PIS and COFINS calculation base, having been recorded in results, up to the present year of 2021, the amount of R$ 569,212, of which R$ 279,598 of principal and R$ 289,614 of monetary variation (R$ 154,225, of which R$&#160;</span><span style="font-size: 10pt; font-family: 'times new roman', times;">66,415 of principal and R$ 87,810 of monetary variation recognized in profit or loss up to 2020 &#8211; re-presented).</span></p>

<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><br/></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">b. Recoverable income tax and social contribution taxes</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Relates to IRPJ and CSLL to be recovered by the Company and its subsidiaries, arising from the tax advances of previous years, as well as referring to lawsuits the non-incidence of IRPJ and CSLL on the monetary variation (SELIC) in the repetition of undue payments (see note 10.e), with management estimating the realization of these credits within up to 5&#160;</span><span style="font-family: 'Times New Roman'; font-size: 11pt;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">years.</span>&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;"><br/></span></p>
<div id="t_ft_XIQ4X4I17400000000000000000000b">
<table cellpadding="0" style="height: 47px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.869%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0582%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.0395%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.0395%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9543%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.0395%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 72.869%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> IRPJ and CSLL </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12.0582%; border-bottom: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 447,191 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.0395%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.0395%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9543%; border-bottom: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 627,285 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.0395%; border-bottom: 1pt solid #000000; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 72.869%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12.0582%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 291,833 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.0395%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.0395%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9543%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 366,080 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.0395%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 72.869%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Non-current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12.0582%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 155,358 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.0395%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.0395%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 11.9543%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 261,205 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.0395%;"><br/></td>
</tr>
</tbody>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147283243384">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Related Parties<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
<tr class="re">
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<td class="text">&#160;<span></span>
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<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRelatedPartyExplanatory', window );">Related Parties</a></td>
<td class="text">
<div style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; text-indent: 0pt;">
<p style="margin: 0pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;"><span style="border-right: none; border-left: none;">9</span></span><span style="font-weight: bold;">. Related </span><span style="font-weight: bold;">p</span><span style="font-weight: bold;">arties</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span><br/></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">a. Related parties</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span><br/></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Balances and transactions between the Company and its subsidiaries have been eliminated in consolidation and are not disclosed in this note. The balances and transactions between the Company and its subsidiaries with other related parties are disclosed below:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span><br/></p>
<div style="border-left: none; border-right: none;">

<div>
<div style="border-left: none; border-right: none;">
<div id="t_ft_0RO1NZ8JQO00000000000000000000b">
<table cellpadding="0" style="height: 64px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.4638%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td colspan="4" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 26.294%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Loans </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.0352%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.4638%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9048%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Assets </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.0352%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.44928%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9048%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Liabilities </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; width: 1.0352%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 72.4638%; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Qu&#237;mica da Bahia Ind&#250;stria e Com&#233;rcio S.A.&#160;<span style="font-size: 8pt;"><sup>(1)</sup></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.9048%; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.0352%; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.44928%; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.9048%; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,875 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.0352%; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 72.4638%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Others&#160;<span style="font-size: 8pt;"><sup>(1)</sup></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9048%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 490 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.0352%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.44928%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9048%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 659 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.0352%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 72.4638%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total as of December 31, 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 11.9048%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 490 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.0352%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.44928%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 11.9048%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,534 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 1.0352%;"><br/></td>
</tr>
</tbody>
</table>
</div>
</div>
<p style="font-size: 11pt; line-height: 115%; margin: 2pt 0pt 10pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;"> </span><br/></p>
<div id="t_ft_DPJIPRJABK00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 12.75pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 72.4532%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td colspan="4" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 26.4034%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Loans </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.0395%;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding: 0px; vertical-align: bottom; width: 72.4532%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 11.9543%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Assets </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.0395%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.4553%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 11.9543%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Liabilities </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; width: 1.0395%;"><br/></td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 72.4532%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Qu&#237;mica da Bahia Ind&#250;stria e Com&#233;rcio S.A. <span style="font-size: 8pt;"><sup>(1)</sup></span>&#160;</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.9543%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0395%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4553%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.9543%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,875 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0395%;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding: 0px; vertical-align: bottom; width: 72.4532%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Routeasy Servi&#231;os de Assessoria Log&#237;stica Ltda.<span style="font-size: 8pt;"><sup>(2)</sup></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.9543%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,334 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.0395%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4553%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.9543%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.0395%;"><br/></td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 72.4532%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Others <span style="font-size: 8pt;"><sup>(1)</sup></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.9543%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 490 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0395%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4553%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.9543%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 836 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0395%;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding: 0px; vertical-align: bottom; width: 72.4532%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total as of December 31, 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9543%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,824 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.0395%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4553%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9543%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,711 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 1.0395%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;"> </span><br/></p>
<div id="t_ft_D92OMHVSJK00000000000000000000b">
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td style="width: 1%; vertical-align: top;" valign="top"><sup><sup><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; vertical-align: super;">(1)</span></sup></sup></td>
<td style="width: 99%; vertical-align: top;" valign="top">
<div style="border-right: none; border-left: none;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Loans contracted have indefinite terms and do not contain remuneration clauses.</span></div>
</td>
</tr>
<tr>
<td style="vertical-align: top;" valign="top"><sup><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(2)</span></sup></td>
<td style="vertical-align: top;" valign="top">
<div style="border-right: none; border-left: none;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">The loan contracted ha</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">s</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"> a term of 36 months</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">,</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"> can be extended by mutual agreement between the parties</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">,</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"> being remunerated by the DI plus 3% p.a.</span></span></div>
</td>
</tr>
</tbody>
</table>
</div>

</div>
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;"> </span><br/></p>
<div id="t_ft_MKV3FX7XWW00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 5.3px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 208px;" width="100%">
<tbody>
<tr style="height: 10px;">
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 44.8684%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: impact, chicago; font-size: 9pt;"> &#160;&#160; </span></p>
</td>
<td colspan="10" style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; width: 53.7608%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Commercial transactions </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; width: 1.31579%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 44.8684%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9737%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Receivables </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.921053%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.05263%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9737%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Payables </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.921053%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.921053%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12.14%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Sales and services </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.831255%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.921053%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12.1053%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Purchases </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; width: 44.8684%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Refinaria de Petr&#243;leo Riograndense S.A. </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.9737%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.921053%; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.05263%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.9737%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 90,761 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.921053%; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.921053%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 12.14%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.831255%; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.921053%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 12.1053%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 619,785 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.31579%; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 44.8684%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Uni&#227;o Vopak Armaz&#233;ns Gerais Ltda. </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 57 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.05263%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.14%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,402 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.831255%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.1053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 44.8684%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron (Thailand) Limited </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 204 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.05263%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.14%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 675 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.831255%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.1053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,072 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 44.8684%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Lubricants Lanka PLC </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.05263%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.14%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 164 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.831255%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.1053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 44.8684%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Lubricants Oils S.A. </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 319 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.05263%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.14%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 786 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.831255%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.1053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 44.8684%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Marine Products </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,663 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.05263%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.14%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 24,583 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.831255%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.1053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 44.8684%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Chevron Oronite Brasil LTDA. </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.05263%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 53,378 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.14%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 78 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.831255%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.1053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 150,878 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 44.8684%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Products Company </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.05263%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 158,557 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.14%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.831255%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.1053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 789,452 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 44.8684%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Belgium NV </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.05263%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 821 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.14%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.831255%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.1053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 7,520 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 44.8684%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Chevron Petroleum CO Colombia&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 214 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.05263%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.14%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 392 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.831255%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.1053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 44.8684%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total as of December 31, 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; background-color: #cceeff; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 4,457 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.05263%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; background-color: #cceeff; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 303,517 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; background-color: #cceeff; width: 12.14%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 28,080 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.831255%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; background-color: #cceeff; width: 12.1053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,568,707 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; background-color: #cceeff; width: 1.31579%;"><br/></td>
</tr>
</tbody>
</table>
</div>

<p style="text-align: justify;"><br/></p>
<div id="t_ft_NUXZGNA5TS00000000000000000000b">
<table cellpadding="0" style="height: 282px; border-collapse: collapse; margin-left: 5.3px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 24.2105%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td colspan="19" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 75.4633%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Commercial transactions </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 1.18421%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 24.2105%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Receivables </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.31579%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 7.36842%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">Right-of-use </span><span style="font-weight: bold;">assets <span style="font-size: 8pt;"><sup>(1)</sup></span></span></span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.66208%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 8.02632%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Payables </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.31062%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">Leases </span><span style="font-weight: bold;">payable <span style="font-size: 8pt;"><sup><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(1)</span></sup></span></span></span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Sales and services </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.31579%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 8.68421%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Purchases </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 8.15789%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Expenses </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.18421%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 24.2105%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Oxicap Ind&#250;stria de Gases Ltda. </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.36842%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.66208%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.02632%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,772 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31062%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 471 </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.68421%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 19,077 </span></p>
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
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<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.36842%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.66208%;">
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.68421%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 314,587 </span></p>
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 151 </span></p>
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.66208%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.02632%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 104 </span></p>
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 154 </span></p>
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 24.2105%;">
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 8,635 </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 8,044 </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
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</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.15789%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.18421%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 24.2105%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Oronite Brasil LTDA. </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.36842%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.66208%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.02632%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 37,482 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31062%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.68421%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 108,198 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.15789%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.18421%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 24.2105%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Products Company </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.36842%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.66208%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.02632%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 87,754 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31062%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.68421%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 247,578 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.15789%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.18421%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 24.2105%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Belgium NV </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.36842%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.66208%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.02632%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 785 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31062%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.68421%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 6,707 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.15789%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.18421%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 24.2105%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Petroleum CO Colombia </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.36842%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.66208%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.02632%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31062%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.68421%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.15789%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.18421%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 24.2105%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total as of December 31, 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; border-top: 1pt solid #000000; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,135 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 7.36842%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 8,635 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.66208%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 8.02632%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 193,124 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31062%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 8,044 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,533 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 8.68421%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 697,060 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 8.15789%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,613 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 1.18421%;"><br/></td>
</tr>
</tbody>
</table>
</div>

<p style="margin: 0in 0in 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; background-color: #ffffff; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', 'serif';"><br/></p>
<div id="t_ft_7B2T9ST2JK00000000000000000000b">
<table cellpadding="0" style="height: 286px; border-collapse: collapse; margin-left: 5.3px; font-family: 'times new roman'; font-size: 10pt; width: 100%; float: left;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 23.8935%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td colspan="15" style="vertical-align: bottom; padding: 0px; border-bottom: 1pt solid #000000; height: 17px; width: 76.7819%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Commercial transactions </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; border-bottom: 1pt solid #000000; height: 17px; width: 1.45985%;"><br/></td>
</tr>
<tr style="height: 14px;">
<td style="padding: 0px; vertical-align: bottom; height: 14px; width: 23.8935%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 14px; width: 12.3653%;"><span style="font-weight: bold; font-size: 8pt;">Receivables <sup>(1)</sup></span></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 14px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 10.2987%; height: 14px;"><span style="font-weight: bold; font-size: 8pt;">Payables <sup>(1)</sup></span></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.887156%; height: 14px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.81523%; height: 14px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 8.6191%; height: 14px;"><span style="font-weight: bold; font-size: 8pt;">Other payables</span></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 14px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.84292%; height: 14px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 14px; width: 10.4812%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Sales and services </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 14px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 14px; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 14px; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Purchases </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 14px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 14px; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 14px; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Expenses </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 14px; width: 1.45985%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 23.8935%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Oxicap Ind&#250;stria de Gases Ltda. </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12.3653%; height: 17px; text-align: right;">-</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10.2987%; height: 17px; text-align: right;">1,545</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.887156%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.81523%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.6191%; height: 17px; text-align: right;">-</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.84292%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.4812%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 18,565 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.45985%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 23.8935%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Refinaria de Petr&#243;leo Riograndense S.A. </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.3653%; text-align: right;">-</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 10.2987%; height: 17px; text-align: right;">264,602</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.887156%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.81523%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 8.6191%; height: 17px; text-align: right;">-</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.84292%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.4812%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,019,108 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45985%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 23.8935%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> ConectCar Solu&#231;&#245;es de Mobilidade Eletr&#244;nica S.A. </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12.3653%; text-align: right;">739</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10.2987%; height: 17px; text-align: right;">113</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.887156%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.81523%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.6191%; height: 17px; text-align: right;">-</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.84292%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.4812%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 7,385 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 121 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.45985%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 23.8935%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> LA&#8217;7 Participa&#231;&#245;es e Empreend. Imob. Ltda. (a) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.3653%; text-align: right;">-</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 10.2987%; height: 17px; text-align: right;">124</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.887156%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.81523%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 8.6191%; height: 17px; text-align: right;">-</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.84292%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.4812%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,477 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45985%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 23.8935%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron (Thailand) Limited </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12.3653%; text-align: right;">1,333</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10.2987%; height: 17px; text-align: right;">5,177</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.887156%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.81523%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.6191%; height: 17px; text-align: right;">-</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.84292%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.4812%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 90,912 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.45985%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 23.8935%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Brasil Oleos Basicos LTDA </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.3653%; text-align: right;">-</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 10.2987%; height: 17px; text-align: right;">-</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.887156%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.81523%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 8.6191%; height: 17px; text-align: right;">6</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.84292%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.4812%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 6,336 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45985%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 23.8935%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Latin America Marketing LLC </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12.3653%; text-align: right;">86</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10.2987%; height: 17px; text-align: right;">6</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.887156%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.81523%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.6191%; height: 17px; text-align: right;">-</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.84292%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.4812%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 13 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 506 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.45985%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 23.8935%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Lubricants Lanka PLC </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.3653%; text-align: right;">-</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 10.2987%; height: 17px; text-align: right;">-</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.887156%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.81523%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 8.6191%; height: 17px; text-align: right;">285</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.84292%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.4812%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45985%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 23.8935%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Lubricants Oils S.A. </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12.3653%; text-align: right;">58</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10.2987%; height: 17px; text-align: right;">-</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.887156%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.81523%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.6191%; height: 17px; text-align: right;">-</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.84292%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.4812%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 42 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.45985%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 23.8935%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Marine Products </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.3653%; text-align: right;">506</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 10.2987%; height: 17px; text-align: right;">-</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.887156%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.81523%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 8.6191%; height: 17px; text-align: right;">-</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.84292%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.4812%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 104 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45985%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 23.8935%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Oronite Brasil LTDA. </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12.3653%; text-align: right;">1,193</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10.2987%; height: 17px; text-align: right;">-</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.887156%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.81523%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.6191%; height: 17px; text-align: right;">-</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.84292%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.4812%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 345 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.45985%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 23.8935%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Products Company </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.3653%; text-align: right;">-</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 10.2987%; height: 17px; text-align: right;">16,302</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.887156%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.81523%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 8.6191%; height: 17px; text-align: right;">-</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.84292%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.4812%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 212,915 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45985%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 23.8935%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Belgium NV </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12.3653%; text-align: right;">-</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10.2987%; height: 17px; text-align: right;">2,119</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.887156%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.81523%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.6191%; height: 17px; text-align: right;">-</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.84292%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.4812%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 15,019 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.45985%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 23.8935%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Petroleum CO Colombia </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.3653%; text-align: right;">-</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 10.2987%; height: 17px; text-align: right;">-</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.887156%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.81523%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 8.6191%; height: 17px; text-align: right;">7</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.84292%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.4812%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 30 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45985%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 23.8935%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total as of December 31, 2019 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12.3653%; border-bottom: 2.8pt double #000000; border-top: 1pt solid #000000; text-align: right;">3,915</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10.2987%; height: 17px; border-bottom: 2.8pt double #000000; border-top: 1pt solid #000000; text-align: right;">289,988</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.887156%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.81523%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.6191%; height: 17px; border-bottom: 2.8pt double #000000; border-top: 1pt solid #000000; text-align: right;">298</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.84292%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 10.4812%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 7,920 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,363,482 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,477 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 17px; width: 1.45985%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;"> </span><br/></p>
<div style="border-left: none; border-right: none;">
<div id="t_ft_WHFLKDPOLC00000000000000000000b">
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td style="width: 1%; vertical-align: top;" valign="top"><sup><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(1)</span></sup></td>
<td style="width: 99%; padding: 0px 0px 15px;">
<div style="border-right: none; border-left: none;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Included in &#8220;right-of-use assets&#8221; and &#8220;leases payable&#8221;, respectively.</span></div>
</td>
</tr>
</tbody>
</table>
</div>
</div>
<div style="border-left: none; border-right: none;">
<div id="t_ft_0SV441QBXC00000000000000000000b">
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td style="width: 1%; vertical-align: top;" valign="top"><sup><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(a)</span></sup></td>
<td style="width: 99%; padding: 0px 0px 10px;">
<div style="border-right: none; border-left: none;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Refers to rental contracts of 15 drugstores owned by LA&#8217;7 as of December 31, 2020, a company of the former shareholders of </span>Extrafarma<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"> that are current shareholders of </span>Ultrapar<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">.</span></span></div>
</td>
</tr>
</tbody>
</table>
</div>
</div>
</div>

</div>
</div>
<div style="font-family: 'times new roman', times; font-size: 10pt;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Purchase and sale transactions relate substantially to the purchase of raw materials, feedstock, transportation, and storage services based on similar market prices and terms with customers and suppliers with comparable operational performance. The operations of ConectCar refer to services provided. In the opinion of the Company and its subsidiaries&#8217; management, transactions with related parties are not subject to credit risk, therefore, no provision for expected losses on accounts receivable or guarantees are recorded. Guarantees provided by the Company in loans of subsidiaries and affiliates are mentioned in Note 17.i.</span></p>

</div>
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;"> </span><br/></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">b. Key executives</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span><br/></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The Company&#8217;s compensation strategy combines short and long-term elements, following the principles of alignment of interests and of maintaining a competitive compensation, and is aimed at retaining key officers and remunerating them adequately according to their attributed responsibilities and the value created to the Company and its shareholders.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span><br/></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Short-term compensation is comprised of: (a) fixed monthly compensation paid with the objective of rewarding the executive&#8217;s experience, responsibility, and his/her position&#8217;s complexity, and includes salary and benefits such as medical coverage, check-up, life insurance, and others; (b) variable compensation paid annually with the objective of aligning the executive&#8217;s and the Company&#8217;s objectives, which is linked to: (i) the business performance measured through its economic value creation and (ii) the fulfillment of individual annual goals that are based on the strategic plan and are focused on expansion and operational excellence projects, people development and market positioning, among others. More details about the Deferred Stock Plan are contained in Note 9.c and about post-employment benefits in Note 21.b.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;"> </span><br/></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The expenses for compensation of its key executives (Company&#8217;s directors and executive officers) as shown below:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;"> </span><br/></p>
<div id="t_ft_1WPA2PEGBK00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto; height: 103px;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 58.8563%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.1339%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97629%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97629%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9944%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.08285%;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 1.28814%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 17px; width: 11.9944%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 2019 </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 17px; width: 0.97629%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; width: 58.8563%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Short-term compensation </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 12.1339%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 47,003 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.97629%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.97629%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.9944%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 47,936 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.08285%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; width: 1.28814%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; width: 11.9944%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 41,659 </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; width: 0.97629%; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 58.8563%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Stock compensation </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.1339%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 15,778 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97629%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97629%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9944%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 4,786 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.08285%;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 1.28814%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 17px; width: 11.9944%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 9,881 </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 17px; width: 0.97629%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 58.8563%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Post-employment benefits </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12.1339%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,737 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.97629%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.97629%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 11.9944%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,866 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.08285%;"><br/></td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px; width: 1.28814%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; background-color: #cceeff; height: 17px; width: 11.9944%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,640 </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; background-color: #cceeff; height: 17px; width: 0.97629%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 58.8563%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Termination benefits </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.1339%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 5,637 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97629%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97629%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9944%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.08285%;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 1.28814%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 17px; width: 11.9944%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 17px; width: 0.97629%;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 58.8563%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 12.1339%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 71,155 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 0.97629%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 0.97629%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 11.9944%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 55,588 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.08285%;"><br/></td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 18px; width: 1.28814%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 11.9944%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 54,180 </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 0.97629%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><br/></p>

<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">c. Deferred stock plan</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span><br/></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Since 2003 Ultrapar has adopted a stock plan in which the executive has the usufruct of shares held in treasury until the transfer of the full ownership of the shares to those eligible members of management after five to seven years from the initial concession of the rights subject to uninterrupted employment of the participant during the period. The volume of shares and the executives eligible are determined by the Board of Directors, and there is no mandatory annual grant. The total number of shares to be used in the plan is subject to the number of shares in treasury. Ultrapar&#8217;s Board of Directors members are not eligible to participate in the stock plan. The fair value of the awards was determined on the grant date based on the market value of the shares on the B3, the Brazilian Securities, Commodities and Futures Exchange and the amounts are amortized between <span style="-sec-ix-hidden:Tag8003">five</span> to <span style="-sec-ix-hidden:Tag8002">seven</span> years from the grant date.</span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;"> </span><br/></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The table below summarizes shares granted to the Company and its subsidiaries&#8217; management:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;"> </span><br/></p>
<div id="t_ft_T6L7ZA35G000000000000000000000b">
<table cellpadding="0" style="height: 90px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 22px;">
<td style="padding: 0px; vertical-align: bottom; height: 22px; width: 34.9144%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Grant date </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 22px; border-bottom: 1pt solid #000000; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Balance of number of shares granted </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 22px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 22px; width: 0.922266%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 22px; border-bottom: 1pt solid #000000; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Vesting period </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.31752%; height: 22px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 22px; width: 0.922266%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 22px; border-bottom: 1pt solid #000000; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Market price of shares on the grant date (in R$ per share) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 22px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 22px; width: 0.922266%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 22px; border-bottom: 1pt solid #000000; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Total grant costs, including taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 22px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 22px; width: 0.922266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 22px; border-bottom: 1pt solid #000000; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Accumulated recognized grant costs </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 22px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 22px; width: 0.922266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 22px; border-bottom: 1pt solid #000000; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Accumulated unrecognized grant costs </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.05402%; height: 22px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 34.9144%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> March 4, 2016 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 133,332 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.922266%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2022 to 2023 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.31752%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 32.72 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.922266%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 9,025 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.922266%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (8,440 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.922266%; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 585 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.05402%; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 34.9144%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> December 10, 2014 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.31752%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 25.32 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 19,557 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (19,557 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> -&#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.05402%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 34.9144%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> March 5, 2014 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.922266%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.922266%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.31752%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.922266%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 26.08 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.922266%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.922266%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 5,999 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.922266%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.922266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (5,999 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.922266%; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.922266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> -&#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.05402%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 34.9144%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 133,332 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.31752%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 34,581 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (33,996 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 585 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.05402%; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>

<p style="margin: 0pt; text-align: justify;"><br/></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span>For the year ended December 31, 2021 the amortization in the amount of R$ </span>1,902<span style="color: #000000;">&#160;</span><span>&#8211; continuing operation and R$ 1,325 &#8211; discontinued operation</span><span> (reversal of R$ </span>64<span><span>&#160;</span></span><span>&#8211; continuing operation and R$ 2,296 &#8211; discontinued operation</span><span> for year ended December 31, 2020 and R$ </span>8,502<span> <span>&#8211; continuing operation and R$ 1,819 &#8211; discontinued operation</span> for the year ended December 31, 2019) was recognized as a general and administrative expense.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span><br/></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The table below summarizes the changes of number of shares granted:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;"> </span><br/></p>
<div id="t_ft_747M2JGKSW00000000000000000000b">
<table cellpadding="0" style="height: 120px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; width: 82%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Balance on December 31, 2019 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; width: 4%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 12%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,224,524 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Cancellation of granted shares due to termination of executive employment </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (200,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Shares vested and transferred </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (322,264 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Balance on December 31, 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 702,260 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Shares vested and transferred </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (448,930 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Reclassification to assets held for sale </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (119,998 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Balance on December 31, 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 133,332 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"><br/></td>
</tr>
</tbody>
</table>
</div>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;"> </span><br/></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">In addition, on April 19, 2017, the Ordinary and Extraordinary General Shareholders&#8217; Meeting (&#8220;OEGM&#8221;) of approved a new incentive plan based on shares (&#8221;Plan&#8221;), which establishes the general terms and conditions for the concession of common shares issued by the Company and held in treasury, that may or may not involve the granting of usufruct of part of these shares for later transfer of the ownership of the shares, in periods of <span style="-sec-ix-hidden:Tag8004">three</span> to <span style="-sec-ix-hidden:Tag8001">six</span> years, to directors or employees of the Company or its subsidiaries.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span><br/></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">As a result of the Plan, common shares representing at most 1% of the Company's share capital may be delivered to the participants, which corresponds, at the date of approval of this Plan, to 11,128,102 common shares.</span></p>

<p style="margin: 0pt; text-align: justify;"><br/></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The table below summarizes the restricted and performance stock programs:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;"> </span><br/></p>
<div id="t_ft_AICLTBV6SG00000000000000000000b">
<table cellpadding="0" style="height: 282px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 10px;">
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Program </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Grant date </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Balance of number of shares granted </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Vesting period </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Market price of shares on the grant date (in R$ per share) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Total grant costs, including taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Accumulated recognized grant costs </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Accumulated unrecognized grant costs </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 14%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Restricted </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 15%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> October 1, 2017 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 240,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2023 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 38.19 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 9,293 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (9,293 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1%;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Restricted </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> November 8, 2017 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 4,596 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2022 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 38.19 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,018 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (994 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 24 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Restricted </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> April 4, 2018 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 31,220 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2022 to 2023 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 34.35 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,013 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (2,902 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 111 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Performance </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> April 4, 2018 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 5,550 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2022 to 2023 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 34.35 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 356 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (267 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 89 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Restricted </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> September 19, 2018 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 80,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2024 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 19.58 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,020 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,020 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Restricted </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> September 24, 2018 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 80,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2024 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 18.40 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,170 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,250 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,920 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Restricted </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> April 3, 2019 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> 176,814 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2022 to 2024 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 23.25 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> 7,004 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> (5,479 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> 1,525 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Performance </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> April 3, 2019 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> 83,412 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2022 to 2024 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 23.25 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> 3,587 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> (2,212 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> 1,375 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Restricted </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> September 2, 2019 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> 440,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2025 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 16.42 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> 9,965 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> (3,875 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> 6,090 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Restricted </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> April 1, 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> 290,082 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2023 to 2025 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 12.53 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> 5,668 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> (3,135 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> 2,533 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Performance </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> April 1, 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> 238,188 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2023 to 2025 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 12.53 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> 5,494 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> (2,960 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> 2,534 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Restricted </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> September 16, 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 700,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2026 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 23.03 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 13,259 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (5,847 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 7,412 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Restricted </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> April 7, 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 522,716 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2024 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 20.85 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 17,985 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (5,141 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 12,844 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Performance </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> April 7, 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 522,716 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2024 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 20.85 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 17,985 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (5,141 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 12,844 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Restricted </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> September 22, 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,000,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2027 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 14.17 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> 19,547 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> (1,087 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 18,460 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> 4,415,294 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> 118,364 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> (50,603 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> 67,761 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>

<p style="margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 11pt;"> </span><br/></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">For the year ended December 31, 2021, a general and administrative expense in the amount of R$ 24,067 <span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">&#8211; continuing operation and R$&#160;<span style="border-left: none; border-right: none;">4,283</span>&#160;&#8211; discontinued operation</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">&#160;</span>was recognized in relation to the Plan (R$ 10,440 <span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#8211; continuing operation and R$</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">&#160;<span style="border-left: none; border-right: none;">2,224</span>&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#8211; discontinued operation&#160;</span>for the year ended December 31, 2020 and R$ 10,674 <span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#8211; continuing operation and R$</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">&#160;<span style="border-left: none; border-right: none;">2,219</span>&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#8211; discontinued operation&#160;</span>for the year ended December 31, 2019.&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;"> </span><br/></p>

<table cellpadding="0" style="height: 208px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 82%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Balance on December 31, 2019 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 5%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,738,660 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Shares granted on April 1, 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 877,788 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Shares granted on September 16, 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 700,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Cancellation of granted shares due to termination of executive employment </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (353,294 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Cancellation of performance shares </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (52,992 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Balance on December 31, 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,910,162 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Shares granted on April 7, 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,386,504 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Shares granted on September 22, 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,000,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 21px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 21px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Performance shares <span style="font-size: 8pt;"><sup>(i)</sup></span></span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 21px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 21px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (133,326 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Cancellation of granted shares due to termination of executive employment </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (133,186 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Reclassification to assets held for sale </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (614,860 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Balance on December 31, 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 4,415,294 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
</tr>
</tbody>
</table>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;"> </span><br/></p>
<div id="t_ft_LSCVQEWHZ400000000000000000000b">
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td style="width: 1%;"><sup><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(i)</span></sup></td>
<td style="width: 99%;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Refers to the reversal of the provision constituted in view of the significant probability that performance indicators will not be achieved.</span></td>
</tr>
</tbody>
</table>
</div>
</div>
<span></span>
</td>
</tr>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for related parties.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 24<br> -IssueDate 2021-01-01<br> -Section Disclosures<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=24&amp;code=ifrs-tx-2021-en-r&amp;doctype=Standard&amp;dita_xref=IAS24_g13-24_TI<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract</td>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147282674104">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Income and Social Contribution Taxes<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfIncomeAndSocialContributionTaxesAbstract', window );"><strong>Disclosure of income and social contribution taxes [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIncomeTaxExplanatory', window );">Income and Social Contribution Taxes</a></td>
<td class="text">
<p style="margin: 0pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">10</span><span style="font-weight: bold;">. Income and </span><span style="font-weight: bold;">s</span><span style="font-weight: bold;">ocial </span><span style="font-weight: bold;">c</span><span style="font-weight: bold;">ontribution </span><span style="font-weight: bold;">t</span><span style="font-weight: bold;">axes</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">a. Deferred income (IRPJ) and social contribution taxes (CSLL)&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The Company and its subsidiaries recognize deferred tax assets and liabilities, which are not subject to the statute of limitations, mainly resulting from provision for differences between cash and accrual basis, tax loss carryforwards, negative tax bases and provisions for tax, civil, and labor risks. Deferred tax assets are sustained by the continued profitability of their operations. Deferred IRPJ and CSLL are recognized under the following main categories:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>

<table cellpadding="0" style="height: 469px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Assets - deferred income and social contribution taxes on: </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Provision for impairment of assets </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 57,924 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 75,231 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Provisions for tax, civil, and labor risks </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 188,236 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 138,516 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Provision for post-employment benefits </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 73,335 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 96,108 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Provision for differences between cash and accrual basis (i) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 24,754 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 606,054 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Goodwill </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 4,825 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 5,161 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Business combination &#8211; tax basis vs. accounting basis of goodwill </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 18,699 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 75,515 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Provision for asset retirement obligation </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 16,991 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 15,728 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Provision for suppliers </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 39,364 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 49,501 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Provision for profit sharing and bonus </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 44,876 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 56,873 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Leases payable </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 41,463 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 41,932 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Change in fair value of subscription warrants </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 10,957 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 22,833 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Provision for deferred revenue </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 15,643 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 25,770 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Other provisions </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,769 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 14,917 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 13px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Tax losses and negative basis for social contribution carryforwards (10.d) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 148,345 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 363,862 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 688,181 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,588,001 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;"><br/></td>
</tr>
<tr style="height: 11px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 11px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Offset liability balance of deferred IRPJ and CSLL </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 11px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (116,426 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 11px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 11px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 11px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (613,290 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 11px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Net balance of deferred taxes assets </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 571,755 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 974,711 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Liabilities - deferred income and social contribution taxes on: </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Revaluation of PP&amp;E </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 408 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,776 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Leases payable </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 138 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,895 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Provision for differences between cash and accrual basis (i) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 19,664 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 402,780 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Provision for goodwill </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 28,676 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 92,242 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Business combination &#8211; fair value of assets </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 66,079 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 111,832 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Other provisions </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,743 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 15,497 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 116,708 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 626,022 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Offset asset balance of deferred IRPJ and CSLL </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (116,426 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (613,290 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; height: 17px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 73%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Net balance of deferred taxes liabilities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 282 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 12,732 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 17px; width: 1%;"><br/></td>
</tr>
</tbody>
</table>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>

<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td style="width: 1%;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(i)</span></td>
<td style="width: 99%;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">Refers, mainly, to the income tax on the exchange variation of the&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">derivate&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">hedging instruments.</span></span></td>
</tr>
</tbody>
</table>

<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 9pt;">&#160;</span></p>
<div>
<div id="t_ft_N2IJ4Z3DB400000000000000000000b">

</div>
</div>
<p style="margin: 0pt; text-align: justify;"><br/></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Changes in the net balance of deferred IRPJ and CSLL are as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_A6DW9Q2KPC00000000000000000000b">
<table cellpadding="0" style="height: 149px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 2019 </span></p>
</td>
<td style="vertical-align: bottom;"><br/></td>
<td style="vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 58%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Initial balance </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 961,979 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 646,163 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px; width: 1%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 504,890 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; width: 1%;"><br/></td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; width: 1%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Deferred IRPJ and CSLL recognized in income of the year </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 242,246 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 234,244 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="vertical-align: top; height: 10px; padding: 0px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; padding: 0px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;">(<span style="font-family: 'Times New Roman'; font-size: 10pt;">2,633 </span></p>
</td>
<td style="vertical-align: top; padding: 0px;">)</td>
<td style="vertical-align: top; padding: 0px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Deferred IRPJ and CSLL of subsidiaries classified as discontinued operations </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 110,821 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (146,305 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="vertical-align: top; height: 10px; background-color: #cceeff; padding: 0px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; background-color: #cceeff; padding: 0px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 100,098 </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Deferred IRPJ and CSLL recognized in other comprehensive income </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (11,366 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 210,034 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="vertical-align: top; height: 10px; padding: 0px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; padding: 0px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 40,497 </span></p>
</td>
<td style="vertical-align: top; padding: 0px;"><br/></td>
<td style="vertical-align: top; padding: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Reclassification to assets held for sale </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (728,986 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (3,221 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 17,843 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,311 </span></p>
</td>
<td style="vertical-align: top; padding: 0px;"><br/></td>
<td style="vertical-align: top; padding: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Final balance </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 571,473 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 961,979 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 646,163 </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px;"><br/></td>
</tr>
</tbody>
</table>
</div>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In order to evaluate the realization of&#160;deferred tax assets, the taxable income projections from&#160;business plans of each segment of the Company which indicates trends and perspectives, demand effects, competition and other economic factors, and that represent the management&#8217;s best estimate about the economic conditions existing during the period of realization of the deferred tax asset were taken into account.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify; font-family: 'times new roman', times; font-size: 10pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The main key assumptions used to calculate the realization of deferred tax assets are: growth in Gross Domestic Product (&#8220;GDP&#8221;), exchange rate, basic interest rate (SELIC) and DI, inflation rate, commodity price index, among others. The balances of Company and its subsidiaries of R$ 688,181 were supported by the technical study on taxable profit projections for the realization of deferred tax assets.&#160;</span></p>
<div>
<div id="t_ft_I160S9JKDC00000000000000000000b">

</div>
</div>
<p style="margin: 0in 0in 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; background-color: #ffffff; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', 'serif';"><br/></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">b. Reconciliation of income and social contribution taxes&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">IRPJ and CSLL are reconciled to the statutory tax rates as follows:&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_0JEKFPBZZ400000000000000000000b">
<table cellpadding="0" style="height: 283px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center; font-weight: bold;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center; font-weight: bold;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 2020 </span></p>
</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center; font-weight: bold;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 2019 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px;"><br/></td>
<td style="vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center; font-weight: bold;"><span style="font-size: 8pt; font-family: 'times new roman', times;">Re-Restated (i) </span></p>
</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center; font-weight: bold;"><span style="font-size: 8pt; font-family: 'times new roman', times;"> <span style="color: #000000; font-family: 'times new roman', times; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Re-</span>Restated (i) </span></p>
</td>
<td style="vertical-align: bottom; height: 17px;"><br/></td>
<td style="vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 58%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Income before taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,006,648 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 951,581 </span></p>
</td>
<td style="vertical-align: top; height: 17px; padding: 0px; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px; background-color: #cceeff; width: 12%; text-align: right;">1,365,177</td>
<td style="vertical-align: top; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Statutory tax rates &#8211; % </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 34 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 34 </span></p>
</td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px; text-align: right;">34</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Income and social contribution taxes at the statutory tax rates </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (342,260 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (323,538 </span></p>
</td>
<td style="vertical-align: top; height: 10px; padding: 0px; background-color: #cceeff;">)</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 10px;"><br/></td>
<td style="vertical-align: top; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; padding: 0px; background-color: #cceeff; text-align: right;">(464,161</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 12px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 12px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Adjustments to the statutory income and social contribution taxes: </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 12px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 12px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 12px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 12px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 12px; padding: 0px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 12px;"><br/></td>
<td style="vertical-align: top; height: 12px; padding: 0px; text-align: right;"><br/></td>
<td style="vertical-align: top; height: 12px;"><br/></td>
<td style="vertical-align: top; height: 12px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Nondeductible expenses (ii) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (45,569 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (33,420 </span></p>
</td>
<td style="vertical-align: top; height: 17px; padding: 0px; background-color: #cceeff;">)</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px; background-color: #cceeff; text-align: right;">(41,690</td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Nontaxable revenues (iii) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,571 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,757 </span></p>
</td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px; text-align: right;">4,525</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">&#160; &#160; Monetary variation (SELIC) on repetition of tax undue payments (iv)</td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; height: 17px;">136,060</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; text-align: right;">-</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; text-align: right;">-</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Adjustment to estimated income (v) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,901 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 8,850 </span></p>
</td>
<td style="vertical-align: top; height: 17px; padding: 0px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px; background-color: #cceeff; text-align: right;">10,511</td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Unrecorded deferred income and social contribution taxes carryforwards deferred (vi) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (5,285 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (3,166 </span></p>
</td>
<td style="vertical-align: top; height: 10px; padding: 0px;">)</td>
<td style="vertical-align: top; padding: 0px; height: 10px;"><br/></td>
<td style="vertical-align: top; height: 10px; padding: 0px; text-align: right;">(3,271</td>
<td style="vertical-align: top; height: 10px;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="vertical-align: top; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Share of profit (loss) of subsidiaries, joint ventures and associates </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (5,995 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (14,972 </span></p>
</td>
<td style="vertical-align: top; height: 10px; padding: 0px; background-color: #cceeff;">)</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 10px;"><br/></td>
<td style="vertical-align: top; height: 10px; padding: 0px; background-color: #cceeff; text-align: right;">(4,322</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Other adjustments </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 21,414 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 12,911 </span></p>
</td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px; text-align: right;">3,178</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Income and social contribution taxes before tax incentives </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (235,163 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (350,578 </span></p>
</td>
<td style="vertical-align: top; height: 10px; padding: 0px; background-color: #cceeff;">)</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 10px;"><br/></td>
<td style="vertical-align: top; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; padding: 0px; background-color: #cceeff; text-align: right;">(495,230</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Tax incentives - SUDENE </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 47,129 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 46,061 </span></p>
</td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px; text-align: right;">25,254</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Income and social contribution taxes in the income statement </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (188,034 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; border-top: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (304,517 </span></p>
</td>
<td style="vertical-align: top; height: 10px; padding: 0px; background-color: #cceeff;">)</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 10px;"><br/></td>
<td style="vertical-align: top; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; padding: 0px; background-color: #cceeff; text-align: right;">(469,976</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (430,280 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (538,761 </span></p>
</td>
<td style="vertical-align: top; height: 17px; padding: 0px;">)</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px; text-align: right;">(467,343</td>
<td style="vertical-align: top; height: 17px;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="vertical-align: top; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Deferred </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 242,246 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 234,244 </span></p>
</td>
<td style="vertical-align: top; height: 17px; padding: 0px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px; background-color: #cceeff; text-align: right;">(2,633</td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Effective IRPJ and CSLL rates &#8211; % </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 18.7 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 32.0 </span></p>
</td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px; text-align: right;">34.4</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
<span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></div>
<div id="t_ft_PKTZ3MUOWG00000000000000000000b">
<table style="width: 100%; margin-left: 0.1px; height: 102px; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr style="height: 17px;">
<td style="width: 2%; height: 17px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(i)</span></td>
<td style="width: 98%; height: 17px; vertical-align: top;" valign="top"><span style="border-right: none; border-left: none;"><span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">For more information on the restatement, see note 3.c.1.</span></span></td>
</tr>
<tr style="height: 17px;">
<td style="height: 17px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(ii)</span></td>
<td style="height: 17px; vertical-align: top;" valign="top"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">C</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">onsist&#160;of certain expenses that cannot be deducted for tax purposes under applicable tax legislation, such as expenses with fines, donations, gifts, losses of assets</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">,</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">negative effects of foreign subsidiaries&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">and certain provisions</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">.</span></td>
</tr>
<tr style="height: 17px;">
<td style="height: 17px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(iii)</span></td>
<td style="height: 17px; vertical-align: top;" valign="top"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">C</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">onsist&#160;of certain gains and income that are not taxable under applicable tax legislation, such as the reimbursement of taxes and the reversal of certain provisions</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">.</span></td>
</tr>
<tr style="height: 17px;">
<td style="height: 17px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(iv)</span></td>
<td style="height: 17px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Refers to amounts related to non-taxation of IRPJ/CSLL on monetary variation (SELIC) in the repetition of undue tax lawsuits (see note 10.e).</span></td>
</tr>
<tr style="height: 17px;">
<td style="height: 17px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(v)</span></td>
<td style="height: 17px; vertical-align: top;" valign="top"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Brazilian tax law allows for an alternative method of taxation for companies that generated gross revenues of up to R$&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">78</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;million in their previous fiscal year. Certain subsidiaries of the Company adopted this alternative form of taxation, whereby income and social contribution taxes are calculated on a basis equal to 32% of operating revenues, as opposed to being calculated based on the effective taxable income of these subsidiaries. The&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">adjustment to estimated income represents the&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">difference between the taxation under this alternative method and the income and social contribution taxes that would have been pa</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">id</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;based on the effective statutory rate applied to the taxable income of these subsidiaries</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">.</span></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(vi)</span><br/></td>
<td style="vertical-align: top; height: 17px;" valign="top"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">See Note 10.d</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">.</span></td>
</tr>
</tbody>
</table>
</div>

<div>
<div id="t_ft_HQ5EDQLW6800000000000000000000b">

</div>
</div>
<p style="margin: 0in 0in 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; background-color: #ffffff; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', 'serif';"><br/></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-style: italic; font-weight: bold;">c. Tax </span><span style="font-style: italic; font-weight: bold;">i</span><span style="font-style: italic; font-weight: bold;">ncentives &#8211; SUDENE</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">For belonging to the sectors of the economy considered priority for the subsidized areas, under the terms of the development program of region operated by the Superintendence for the Development of the Northeast (&#8220;SUDENE&#8221;), the following subsidiaries, in compliance with the current law have entitled to federal tax benefits providing for IRPJ reduction under:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>

<table cellpadding="0" style="height: 159px; border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="vertical-align: bottom; width: 49%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Subsidiary </span></p>
</td>
<td style="vertical-align: bottom; width: 15%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Units </span></p>
</td>
<td style="vertical-align: bottom; width: 1%; height: 17px;"><br/></td>
<td style="vertical-align: bottom; width: 1%; height: 17px;"><br/></td>
<td style="vertical-align: bottom; width: 15%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Incentive - % </span></p>
</td>
<td style="vertical-align: bottom; width: 1%; height: 17px;"><br/></td>
<td style="vertical-align: bottom; width: 1%; height: 17px;"><br/></td>
<td style="vertical-align: bottom; width: 15%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Expiration </span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 49%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Bahiana Distribuidora de G&#225;s Ltda. </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 15%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Mataripe base </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 15%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 75 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; text-align: left; width: 15%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2024 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: bottom; height: 17px; width: 49%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 15%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Caucaia base </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 15%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 75 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; text-align: right; width: 15%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2025 </span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 49%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 15%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Juazeiro base </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 15%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 75 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; text-align: right; width: 15%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2026 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: bottom; height: 17px; width: 49%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 15%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Aracaju base </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 15%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 75 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; text-align: left; width: 15%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2027 </span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 49%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 15%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Suape base </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 15%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 75 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; text-align: left; width: 15%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2027 </span></p>
</td>
</tr>
<tr style="height: 19px;">
<td style="vertical-align: bottom; height: 19px; width: 49%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <span style="border-left: none; border-right: none;">Ultracargo Log&#237;stica S.A.</span> </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; width: 15%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Suape terminal&#160;</span></p>
</td>
<td style="vertical-align: bottom; height: 19px; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 19px; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 19px; width: 15%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 75 </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 19px; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 19px; text-align: left; width: 15%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2030 </span></p>
</td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="vertical-align: bottom; height: 19px; background-color: #cceeff; width: 49%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; background-color: #cceeff; width: 15%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Aratu terminal </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 19px; background-color: #cceeff; width: 15%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 75 </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 19px; background-color: #cceeff; text-align: left; width: 15%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2022 </span></p>
</td>
</tr>
<tr style="height: 19px;">
<td style="vertical-align: bottom; height: 19px; width: 49%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; width: 15%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Itaqui terminal&#160;</span></p>
</td>
<td style="vertical-align: bottom; height: 19px; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 19px; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 19px; width: 15%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 75 </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 19px; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 19px; text-align: left; width: 15%;">
<p style="margin: 0pt; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> 2030 </span></p>
</td>
</tr>
</tbody>
</table>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">d. Income and social contribution taxes carryforwards</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify; font-family: 'times new roman', times; font-size: 10pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">As of December 31, 2021, the Company and certain subsidiaries had tax loss carryforwards related to income tax (IRPJ) and negative basis of CSLL, whose compensations are limited to 30% of taxable income in a given tax year, which do not expire.</span></p>
<div>
<div id="t_ft_9006NW8NUO00000000000000000000b">

</div>
</div>
<p style="margin: 0in 0in 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; background-color: #ffffff; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', 'serif';"><br/></p>
<div style="border-right: none; border-left: none;">

<div style="border-right: none; border-left: none;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The balances which are constituted of deferred taxes related to income tax loss </span>carryforwards<span style="font-family: 'Times New Roman';"> and negative basis of social contribution base are as follows:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_4R0G1492DC00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto; height: 205px;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 70.5455%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.81818%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 2%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.81818%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; width: 70.5455%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Oil Trading </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; width: 12%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 53,839 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; width: 1.81818%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 2%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; width: 12%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; width: 1.81818%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 70.5455%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Ultrapar (i) </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 43,441 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.81818%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 27,736 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.81818%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 70.5455%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Abastece a&#237; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 41,065 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.81818%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 2%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 7,362 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.81818%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 70.5455%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Tequimar Vila do conde </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 9,861 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.81818%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 489 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.81818%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 70.5455%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Ultracargo </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 139 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.81818%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 2%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 107 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.81818%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 70.5455%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Oxiteno S.A. (ii) </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.81818%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 205,604 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.81818%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 70.5455%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Ipiranga </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.81818%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 2%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 44,537 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.81818%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 70.5455%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Iconic </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.81818%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 5,691 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.81818%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 70.5455%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Extrafarna (ii) </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.81818%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 2%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 72,318 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.81818%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 70.5455%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> UVC Investimentos </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.81818%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 18 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.81818%;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 70.5455%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 148,345 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 18px; width: 1.81818%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 2%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 363,862 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 1.81818%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_HU0A6M2EW000000000000000000000b">
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td style="width: 2%; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(i)</span></td>
<td style="width: 98%; vertical-align: top;" valign="top"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Considers the amount of R$ 8,510 of deferred taxes recognized on the tax loss of subsidiary&#160;</span>Ultrapar<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;International as of December 31, 2021 (R$ 7,659 as of December 31, 2020).</span></span></td>
</tr>
<tr>
<td style="vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(ii)</span></td>
<td style="vertical-align: top;" valign="top"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">As&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">of</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">&#160;December 31, 2021, the amounts of R$ 247,912 and R$ 72,318, referring to the balances constituted on deferred charges related to IRPJ tax losses and negative CSLL bases for the subsidiaries&#160;Oxiteno&#160;S</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">.</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">A</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">.</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">&#160;and&#160;Extrafarma, respectively, were reclassified to assets held for sale.</span></span></td>
</tr>
</tbody>
</table>
</div>
</div>
<p style="margin: 2pt 0pt 0pt 14.2pt; text-align: justify; text-indent: -14.2pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The balances which are not constituted of deferred taxes related to income tax loss carryforwards and negative basis of social contribution base are as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_WWSXT64HWW00000000000000000000b">
<table cellpadding="0" style="height: 85px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 72.8395%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.8395%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Extrafarma </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 312,521 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 294,400 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 72.8395%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Integra Frotas </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 11,769 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 7,802 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.8395%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Millennium </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,174 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 640 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 72.8395%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 12.037%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 327,464 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 12.037%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 302,842 </span></p>
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<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 1.02881%;"><br/></td>
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<p style="font-size: 11pt; line-height: 115%; text-align: justify; margin-top: 10pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-style: italic; font-weight: bold;">e</span><span style="font-style: italic; font-weight: bold;">. </span><span style="font-style: italic; font-weight: bold;">Non-incidence of IRPJ/CSLL on the update by Selic of tax undue payments received from the Federal Government</span></span></p>
<p style="margin: 0pt; text-align: justify; margin-top: 10pt;"><span style="margin: 0pt; text-align: justify; font-family: 'times new roman', times; font-size: 10pt;">The Company and its subsidiaries have lawsuits claiming the non-incidence of IRPJ and CSLL on monetary variation (SELIC) on tax credits. On September 27, 2021, the Federal Supreme Court judged that the incidence of IRPJ and CSLL on amounts related to monetary variation (SELIC) received by taxpayers in the repetition of tax undue payments is unconstitutional. The Company and its subsidiaries recognized a tax credit of R$ 106,667 related to this topic. On December 31, 2021, the amount of R$ 74,243 related to the subsidiaries Extrafarma, Oxiteno S.A., Oleoqu&#237;mica and EMCA, was reclassified to assets held for sale.&#160;&#160;</span></p>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Section Disclosure<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;doctype=Standard&amp;dita_xref=IAS12_g79-88_TI<br> -URIDate 2021-03-24<br></p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure of income and social contribution taxes.</p></div>
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<p style="margin: 0pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;"><span style="border-left: none; border-right: none;">11</span></span><span style="font-family: 'Times New Roman'; font-weight: bold;">. Prepaid </span><span style="font-family: 'Times New Roman'; font-weight: bold;">e</span><span style="font-family: 'Times New Roman'; font-weight: bold;">xpenses</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>

<table cellpadding="0" style="height: 223px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.6809%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 12.0285%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.01937%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.22324%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.01937%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.6809%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Rents </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0285%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 54,327 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.22324%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 30,400 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.6809%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Advertising and publicity </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0285%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 28,410 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22324%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 17,752 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.6809%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Deferred stock plan, net </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0285%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 4,399 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.22324%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 9,900 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.6809%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Insurance premiums </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0285%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 26,917 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22324%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 58,675 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.6809%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Software maintenance </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0285%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 19,863 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.22324%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 24,233 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.6809%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Employee benefits </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0285%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 8,362 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22324%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 8,924 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.6809%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> IPVA and IPTU </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0285%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,553 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.22324%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,632 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 72.6809%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Contribution - private pension fund (see Note 21.a) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 12.0285%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 19,831 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.22324%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 11.9266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 36,068 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.6809%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Other prepaid expenses </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 12.0285%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 5,730 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.22324%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 11.9266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 14,045 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: rgb(204, 238, 255); width: 1.01937%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.6809%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 12.0285%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 169,392 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22324%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 11.9266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 202,629 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.6809%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0285%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 98,024 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.22324%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 132,122 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.6809%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Non-current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0285%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 71,368 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22324%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 70,507 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"><br/></td>
</tr>
</tbody>
</table>

<span></span>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of prepayments and other assets. [Refer: Other assets; Prepayments]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 10<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
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<tr>
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<td style="white-space:nowrap;">ifrs-full_DisclosureOfPrepaymentsAndOtherAssetsExplanatory</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PrepaymentsAndAccruedIncomeOtherThanContractAssetsAbstract</td>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147279111768">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Contractual Assets with Customers - Exclusive Rights<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReceivablesFromContractsWithCustomersAbstract', window );"><strong>Receivables from contracts with customers [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersExplanatory', window );">Contractual Assets with Customers - Exclusive Rights</a></td>
<td class="text">
<p style="margin: 0px; break-after: avoid; break-inside: avoid; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;"><span style="border-left: none; border-right: none;">12</span></span><span style="font-family: 'Times New Roman'; font-weight: bold;">. Contractual </span><span style="font-family: 'Times New Roman'; font-weight: bold;">a</span><span style="font-family: 'Times New Roman'; font-weight: bold;">ssets with </span><span style="font-family: 'Times New Roman'; font-weight: bold;">c</span><span style="font-family: 'Times New Roman'; font-weight: bold;">ustomers &#8211; </span><span style="font-family: 'Times New Roman'; font-weight: bold;">e</span><span style="font-family: 'Times New Roman'; font-weight: bold;">xclusive </span><span style="font-family: 'Times New Roman'; font-weight: bold;">r</span><span style="font-family: 'Times New Roman'; font-weight: bold;">ights</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Refers to exclusive rights disbursements of</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Ipiranga&#8217;s</span><span style="font-family: 'Times New Roman';"> agreements with reseller service stations and major consumers that are recognized at the time of their occurrence and recognized as a </span><span style="font-family: 'Times New Roman';">reduction</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> of the </span><span style="font-family: 'Times New Roman';">revenue</span><span style="font-family: 'Times New Roman';"> from sales and services</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">in the statement </span><span style="font-family: 'Times New Roman';">of profit or loss </span><span style="font-family: 'Times New Roman';">according to the conditions established in the agreement</span><span style="font-family: 'Times New Roman';">, being</span><span style="font-family: 'Times New Roman';"> reviewed as changes occur under the terms of the agreements.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">In</span><span style="font-family: 'Times New Roman';"> December 31, 202</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';">, the contracts </span><span style="font-family: 'Times New Roman';">amortization weighted average </span><span style="font-family: 'Times New Roman';">term was five years.</span></span></p>
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><br/></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Balance and</span><span style="font-family: 'Times New Roman';"> changes are shown below:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div style="border-left: none; border-right: none;">
<table cellpadding="0" style="height: 255px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 84%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2018 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 2%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 13%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,518,477 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Additions </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 330,068 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Amortization </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (355,250 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Transfer </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (27,306 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2019 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,465,989 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Additions </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 549,085 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Amortization </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (289,436 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Transfer </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (19,307 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,706,331 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Additions </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 689,986 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Amortization </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (282,521 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Transfer </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (34,570 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,079,226 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Current </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 555,052 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Non-current </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,524,174 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"/>
</tr>
</tbody>
</table>
</div>

<span></span>
</td>
</tr>
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<div style="display: none;">
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of the disaggregation of revenue from contracts with customers. [Refer: Revenue from contracts with customers]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 15<br> -IssueDate 2021-01-01<br> -Paragraph 114<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=15&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_114&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ReceivablesFromContractsWithCustomersAbstract</td>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147279050904">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Investments<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsAccountedForUsingEquityMethodAbstract', window );"><strong>Investments accounted for using equity method [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfInvestmentsAccountedForUsingEquityMethodExplanatory', window );">Investments</a></td>
<td class="text">
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;"><span style="border-left: none; border-right: none;">13</span></span><span style="font-family: 'Times New Roman'; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-weight: bold;">Investments</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;</span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The table below presents the amoun</span><span style="font-family: 'Times New Roman';">t reconciliation </span><span style="font-family: 'Times New Roman';">of </span><span style="font-family: 'Times New Roman';">share of profit (loss) of subsidiaries, joint </span><span style="font-family: 'Times New Roman';">ventures</span><span style="font-family: 'Times New Roman';"> and associates</span><span style="font-family: 'Times New Roman';">:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_W4W149EH5C00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; width: 99.8365%; height: 85px;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 27.2665%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: Arial; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 10.1648%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Note </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 12.4313%;">
<p style="margin: 0pt; text-align: center; font-weight: bold;"><span> 2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 2.54121%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 5.08242%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 16.6209%;">
<p style="margin: 0pt; text-align: center; font-weight: bold;"><span> 2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 2.54121%;"><br/></td>
<td style="vertical-align: top; height: 17px; width: 5.08242%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; border-bottom: 1pt solid #000000; width: 16.6209%;">
<p style="margin: 0pt; text-align: center; font-weight: bold;"><span> 2019 </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 1.57967%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 27.2665%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: Arial; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 10.1648%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 12.4313%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 2.54121%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 5.08242%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.6209%;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;">Re-presented (i) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 2.54121%;"><br/></td>
<td style="vertical-align: top; height: 17px; width: 5.08242%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 16.6209%;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;">Re-presented (i) </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 1.57967%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 27.2665%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Joint ventures </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 10.1648%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 13.b </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 12.4313%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"><span> (18,068 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 2.54121%; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 5.08242%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 16.6209%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"><span> (45,812 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 2.54121%; background-color: #cceeff;">)</td>
<td style="vertical-align: top; height: 17px; width: 5.08242%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 16.6209%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"><span> (14,463 </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 1.57967%; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 27.2665%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Associates </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 10.1648%;">
<p style="margin: 0pt; text-align: center;"><span> 13.c </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 12.4313%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"><span> 434 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 2.54121%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 5.08242%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 16.6209%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"><span> 1,781 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 2.54121%;"><br/></td>
<td style="vertical-align: top; height: 17px; width: 5.08242%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; border-bottom: 1px solid #000000; width: 16.6209%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"><span> 1,754 </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 1.57967%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 27.2665%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 10.1648%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 2.8pt double #000000; width: 12.4313%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"><span> (17,634 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 2.54121%; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 5.08242%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 2.8pt double #000000; width: 16.6209%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"><span> (44,031 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 2.54121%; background-color: #cceeff;">)</td>
<td style="vertical-align: top; height: 17px; width: 5.08242%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; border-bottom: 2.8pt double #000000; width: 16.6209%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"><span> (12,709 </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 1.57967%; background-color: #cceeff;">)</td>
</tr>
</tbody>
</table>
</div>
<div><br/></div>
<div><span style="font-family: 'Times New Roman'; font-size: 10pt;"><sup>(i)</sup> <span style="border-right: none; border-left: none;"><span style="border-right: none; border-left: none;">See Note 3.c.3.</span></span></span></div>

</div>
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">a</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. Joint ventures</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The Company holds an interest in </span><span style="font-family: 'Times New Roman';">Refinaria</span><span style="font-family: 'Times New Roman';"> de </span><span style="font-family: 'Times New Roman';">Petr&#243;leo</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Riograndense</span><span style="font-family: 'Times New Roman';"> S.A.</span><span style="font-family: 'Times New Roman';"> (&#8220;</span><span style="font-family: 'Times New Roman';">RPR</span><span style="font-family: 'Times New Roman';">&#8221;)</span><span style="font-family: 'Times New Roman';">, which is primarily engaged in oil refining.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The subsidiary</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Ultracargo</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Log&#237;stica</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">holds</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">an</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">interest in </span><span style="font-family: 'Times New Roman';">Uni</span><span style="font-family: 'Times New Roman';">&#227;</span><span style="font-family: 'Times New Roman';">o</span><span style="font-family: 'Times New Roman';"> Vopak</span><span style="font-family: 'Times New Roman';"> &#8211; </span><span style="font-family: 'Times New Roman';">Armaz&#233;ns</span><span style="font-family: 'Times New Roman';"> Gerais Ltda. (&#8220;</span><span style="font-family: 'Times New Roman';">Uni&#227;o</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Vopak&#8221;)</span><span style="font-family: 'Times New Roman';">, which is primarily engaged in liquid bulk storage in the port of </span><span style="font-family: 'Times New Roman';">Paranagu&#225;</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The subsidiary IPP </span><span style="font-family: 'Times New Roman';">held</span><span style="font-family: 'Times New Roman';"> an interest in </span><span style="font-family: 'Times New Roman';">ConectCar</span><span style="font-family: 'Times New Roman';">, which is primarily engaged in </span><span style="font-family: 'Times New Roman';">automatic</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">payment of tolls</span><span style="font-family: 'Times New Roman';"> and </span><span style="font-family: 'Times New Roman';">parking </span><span style="font-family: 'Times New Roman';">in the State</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> of</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Bahia, </span><span style="font-family: 'Times New Roman';">Cear&#225;</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">Esp&#237;rito</span><span style="font-family: 'Times New Roman';"> Santo, </span><span style="font-family: 'Times New Roman';">Goi&#225;s</span><span style="font-family: 'Times New Roman';">, Mato Grosso, Mato Grosso do Sul, Minas Gerais, Paran&#225;, Pernambuco, Rio de Janeiro, Rio Grande do Sul, Santa Catarina, S&#227;o Paulo and Distrito Federal</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">On June 25, 2021, the sale of </span><span style="font-family: 'Times New Roman';">ConectCar</span><span style="font-family: 'Times New Roman';">, completed on October 1, 2021. </span><span style="font-family: 'Times New Roman';"> For further details see item </span><span style="font-family: 'Times New Roman';"><span>13</span>.</span><span style="font-family: 'Times New Roman';">b.<span>1</span>.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The </span><span style="font-family: 'Times New Roman';">subsidiary</span><span style="font-family: 'Times New Roman';"> IPP participat</span><span style="font-family: 'Times New Roman';">e</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> in </span><span style="font-family: 'Times New Roman';">the port concession </span><span style="font-family: 'Times New Roman';">BEL<span>02</span>A</span><span style="font-family: 'Times New Roman';"> at</span><span style="font-family: 'Times New Roman';"> the port of Miramar</span><span style="font-family: 'Times New Roman';">, in </span><span style="font-family: 'Times New Roman';">Bel&#233;m</span><span style="font-family: 'Times New Roman';"> (PA),</span><span style="font-family: 'Times New Roman';"> through</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Latitude </span><span style="font-family: 'Times New Roman';">Log</span><span style="font-family: 'Times New Roman';">&#237;</span><span style="font-family: 'Times New Roman';">stica</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Portu&#225;ria</span><span style="font-family: 'Times New Roman';"> S.A. (&#8220;Latitude&#8221;)</span><span style="font-family: 'Times New Roman';">;</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">f</span><span style="font-family: 'Times New Roman';">or the port of Vit&#243;ria</span><span style="font-family: 'Times New Roman';"> (ES),</span><span style="font-family: 'Times New Roman';"> participate</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> through</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Navegantes</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Log&#237;stica</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Portu&#225;ria</span><span style="font-family: 'Times New Roman';"> S.A. (&#8220;</span><span style="font-family: 'Times New Roman';">Navegantes</span><span style="font-family: 'Times New Roman';">&#8221;)</span><span style="font-family: 'Times New Roman';">;</span><span style="font-family: 'Times New Roman';"> in </span><span style="font-family: 'Times New Roman';">Cabedelo</span><span style="font-family: 'Times New Roman';"> (PB)</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">has </span><span style="font-family: 'Times New Roman';">participat</span><span style="font-family: 'Times New Roman';">ion</span><span style="font-family: 'Times New Roman';"> in the </span><span style="font-family: 'Times New Roman';">Nordeste</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Log&#237;stica</span><span style="font-family: 'Times New Roman';"> I S.A. ("</span><span style="font-family: 'Times New Roman';">Nordeste</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Log&#237;stica</span><span style="font-family: 'Times New Roman';"> I"), </span><span style="font-family: 'Times New Roman';">Nordeste</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Log&#237;stica</span><span style="font-family: 'Times New Roman';"> II S.A. ("</span><span style="font-family: 'Times New Roman';">Nordeste</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Log&#237;stica</span><span style="font-family: 'Times New Roman';"> II") and </span><span style="font-family: 'Times New Roman';">Nordeste</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Log&#237;stica</span><span style="font-family: 'Times New Roman';"> III S.A. ("</span><span style="font-family: 'Times New Roman';">Nordeste</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Log&#237;stica</span><span style="font-family: 'Times New Roman';"> III&#8221;)</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">(see Note 34</span><span style="font-family: 'Times New Roman';">.c</span><span style="font-family: 'Times New Roman';">).</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">These investments</span><span style="font-family: 'Times New Roman';"> of joint ventures </span><span style="font-family: 'Times New Roman';">are accounted for under the equity method of accounting based on their financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';"> as of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span>1</span></span><span style="font-family: 'Times New Roman';">, <span>20</span></span><span style="font-family: 'Times New Roman';"><span>2</span></span><span style="font-family: 'Times New Roman';"><span>1</span></span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: right;"><br/></p>
<div>

</div>
</div>
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Balances and changes in joint ventures are as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_2Y6HG4HZXC00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 425px; text-indent: 0px;" width="100%">
<tbody>
<tr style="height: 34px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 19.332%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 34px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt; font-weight: bold;"> Uni&#227;o Vopak </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> RPR </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> ConectCar </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt; font-weight: bold;"> Latitude Log&#237;stica </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 6.98381%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt; font-weight: bold;"> Navegantes Log&#237;stica </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt; font-weight: bold;"> Nordeste Log&#237;stica I </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt; font-weight: bold;"> Nordeste Log&#237;stica II </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt; font-weight: bold;"> Nordeste Log&#237;stica III </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 19.332%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2018 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 6.88259%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 7,446 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.11336%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 6.88259%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 20,118 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.21457%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 6.88259%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 74,390 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.21457%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 6.88259%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.01215%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.11336%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 6.98381%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.01215%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.21457%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 6.88259%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.01215%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.11336%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 6.88259%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.21457%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 6.88259%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.01215%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.21457%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 6.88259%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 101,954 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.01215%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Capital increase </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 35,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 10,351 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 23,581 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 1,930 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 4,183 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 4,079 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 79,124 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Other reserves </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (7,771 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (7,771 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Dividends </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (1,474 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (4,295 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (5,769 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Share of profit (loss) of joint ventures </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 1,370 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 10,740 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (26,572 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.98381%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (14,462 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2019 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 7,342 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 18,792 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 82,818 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 10,351 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 23,581 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 1,930 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 4,183 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 4,079 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 153,076 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Capital increase </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 20,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 303 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 3,894 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 5,006 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 29,203 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Capital decrease (i) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (363 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (363 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Other reserves </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 1,065 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 1,065 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Proposed dividends </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (165 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (165 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Share of profit (loss) of joint ventures </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 392 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (21,788 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (21,638 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.98381%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (1,594 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (1,409 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (401 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 626 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (45,812 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Transfer to provision for liabilities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 2,096 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 2,096 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 7,734 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 81,180 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 10,351 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 21,624 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 824 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 7,676 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 9,711 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 139,100 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Capital increase </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 15,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 5,001 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 3,697 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 6,399 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 600 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 30,697 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Capital decrease (i) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (5,001 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (5,001 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Other reserves </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 99 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 99 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Actuarial gain of post-employment benefits </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 5,723 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 5,723 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 34px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 19.332%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Shareholder transaction &#8211; changes of investments </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (966 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 6.98381%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (966 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Share of profit (loss) of joint ventures </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 602 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 822 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (18,081 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 593 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (3,032 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 1,592 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (819 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 255 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (18,068 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Disposition of investment (see Note </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (78,099 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (78,099 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Transfer from provision for liabilities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (2,096 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.98381%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (2,096 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 8,336 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 4,548 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 9,978 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 6.98381%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 22,289 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 2,416 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 13,256 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 10,566 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 71,389 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(i) Refers to reimbursement of expenses that preceded the port area auctions and that were apportioned among the other members of the consortium.</span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div>

</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>

<table cellpadding="0" style="border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 100%; margin-left: auto; margin-right: auto;" width="100%">
<tbody>
<tr style="height: 11.35pt; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; width: 78.9438%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; background-color: #ffffff; width: 19.9588%;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Provision to (from) short-term liabilities </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; width: 0.960219%;"><br/></td>
</tr>
<tr style="height: 11.35pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 78.9438%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 19.9588%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> RPR </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 0.960219%;"><br/></td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 78.9438%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2019 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 19.9588%; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0pt; text-align: right;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.960219%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 11.35pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 78.9438%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Transfer to provision for liabilities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 19.9588%;">
<p style="margin: 0pt; text-align: right;"><span> 2,096 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.960219%;"><br/></td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 78.9438%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 19.9588%;">
<p style="margin: 0pt; text-align: right;"><span> 2,096 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.960219%;"><br/></td>
</tr>
<tr style="height: 11.35pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 78.9438%;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Transfer from provision for liabilities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 19.9588%;">
<p style="margin: 0pt; text-align: right;"><span> (2,096 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.960219%;">)</td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 78.9438%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 19.9588%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.960219%;"><br/></td>
</tr>
</tbody>
</table>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The table below presents the </span><span style="font-family: 'Times New Roman';">statements of financial position</span><span style="font-family: 'Times New Roman';"> and </span><span style="font-family: 'Times New Roman';">statements of profit or </span><span style="font-family: 'Times New Roman';">loss of</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">joint ventures: </span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_W1QLK3KSO000000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 224px;" width="100%">
<tbody>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td colspan="22" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="border-bottom: 0.5pt solid #000000; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"><br/></td>
</tr>
<tr style="height: 34px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Uni&#227;o Vopak </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> RPR </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"><span style="font-family: 'Times New Roman';">ConectCar</span><span style="font-family: 'Times New Roman';"> </span><sup><sup><sup><sup><sup><sup><sup><sup><sup><span style="font-family: 'Times New Roman'; vertical-align: super;">(</span></sup></sup></sup></sup></sup></sup></sup></sup></sup><sup><sup><sup><sup><sup><sup><sup><sup><sup><span style="font-family: 'Times New Roman'; vertical-align: super;">i</span></sup></sup></sup></sup></sup></sup></sup></sup></sup><sup><sup><sup><sup><sup><sup><sup><sup><sup><span style="font-family: 'Times New Roman'; vertical-align: super;">)</span></sup></sup></sup></sup></sup></sup></sup></sup></sup></span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Latitude Log&#237;stica </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Navegantes Log&#237;stica </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Nordeste Log&#237;stica I </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Nordeste Log&#237;stica II </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Nordeste Log&#237;stica III </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 29%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Current assets </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 7%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 10,068 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 7%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 273,029 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 7%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 171,894 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 7%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 18,798 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 7%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 5,393 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 7%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 52,022 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 7%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 36,958 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 7%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 17,458 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Non-current assets </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 9,696 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 179,652 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 177,217 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 50,215 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 167,170 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 18,346 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 17,279 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 49,439 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Current liabilities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 2,824 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 354,001 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 174,030 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 9,151 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 256 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 46,615 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 1,418 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 13,960 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Non-current liabilities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 268 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 84,980 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 18,883 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 39,906 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 105,440 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 16,504 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 13,052 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 21,239 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Equity </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 16,672 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 13,700 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 156,198 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 19,956 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 66,867 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 7,249 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 39,767 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 31,698 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net revenue from sales and services </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 17,660 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 2,092,786 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 60,436 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 5,895 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 11,625 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 2,016 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 7,561 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Costs, operating expenses and income </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (16,144 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (2,105,544 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (97,095 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (2,591 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (1,579 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (3,260 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (3,980 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (5,030 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net finance income and income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (312 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 15,235 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 497 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (2,118 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (7,517 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (3,589 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (494 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (1,765 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net income (loss) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 1,204 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 2,477 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (36,162 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 1,186 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (9,096 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 4,776 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (2,458 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 766 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Number of shares or units held </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 29,995 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 5,078,888 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 263,768,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 4,383,881 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 22,298,195 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 681,637 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 3,933,265 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 4,871,241 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> % of capital held </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 50 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 33 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 50 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 50 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 33 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 33 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 33 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 33 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The percentages in the table above are rounded.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">(i) The balances presented refer to September 30, 2021, due to the completion of the sale of ConectCar on October 1, 2021, for further details see note <span>13</span>.</span><span style="font-family: 'Times New Roman';">a</span><span style="font-family: 'Times New Roman';">.<span>1</span>.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div>

</div>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<div id="t_ft_7PD8C70S0W00000000000000000000b">
<table cellpadding="0" style="height: 271px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td colspan="19" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"><br/></td>
</tr>
<tr style="height: 50px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 50px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 50px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Uni&#227;o Vopak </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 50px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 50px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> RPR </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 50px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 50px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> ConectCar </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 50px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 50px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Navegantes Log&#237;stica </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 50px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 50px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Nordeste Log&#237;stica I </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 50px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 50px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Nordeste Log&#237;stica II </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 50px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 50px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Nordeste Log&#237;stica III </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 38%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Current assets </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 8,510 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 291,720 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 161,371 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 24,691 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 972 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 18,531 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 21,513 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Non-current assets </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 9,796 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 171,270 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 169,843 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 166,389 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 6,021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 18,005 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 30,503 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Current liabilities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 2,698 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 363,388 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 168,854 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 8 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 4 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 5 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 6 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Non-current liabilities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 140 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 105,912 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p class="ng-scope" style="margin: 0pt; text-align: right;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 126,201 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 4,516 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 13,504 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 22,877 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Equity </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 15,468 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (6,310 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 162,360 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 64,871 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 2,473 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 23,027 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 29,133 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net revenue from sales and services </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 15,666 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 1,455,668 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 91,096 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p class="ng-scope" style="margin: 0pt; text-align: right;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p class="ng-scope" style="margin: 0pt; text-align: right;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p class="ng-scope" style="margin: 0pt; text-align: right;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p class="ng-scope" style="margin: 0pt; text-align: right;"> - </p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Costs, operating expenses and income </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (14,408 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (1,531,652 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (134,961 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (3,480 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (4,225 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (1,203 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 1,878 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 34px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net finance income and income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: right;"><span> (474 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: right;"><span> 10,361 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: right;"><span> 589 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: right;"><span> (1,301 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">
<p class="ng-scope" style="margin: 0pt; text-align: right;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">
<p class="ng-scope" style="margin: 0pt; text-align: right;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">
<p class="ng-scope" style="margin: 0pt; text-align: right;"> - </p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net income (loss) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 784 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (65,623 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (43,276 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (4,781 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (4,226 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (1,203 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 1,878 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Number of shares or units held </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 29,995 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 5,078,888 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 248,768,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 22,298,195 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 681,637 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 3,933,265 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 4,871,241 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> % of capital held </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 50 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 33 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 50 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 33 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 33 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 33 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 33 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_UY22HV8RIO00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 12.75pt; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td colspan="7" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2019 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Uni&#227;o Vopak </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> RPR </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> ConectCar </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 59%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net revenue from sales and services </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 12%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 15,400 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 12%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 2,156,432 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 12%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 80,387 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Costs, operating expenses and income </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span> (12,083 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">)</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span> (2,130,323 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">)</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span> (136,764 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">)</td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net finance income and income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (577 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 6,237 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 3,234 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net income (loss) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span> 2,740 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span> 32,346 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span> (53,143 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">)</td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Number of shares or units held </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 29,995 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 5,078,888 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 228,768,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> % of capital held </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span> 50 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span> 33 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span> 50 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The percentages in the table above are rounded</span><span style="font-family: 'Times New Roman';">.</span></span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div>

</div>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify; font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">a</span><span>.1 ConectCar share purchase and sale agreement&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The Company concluded the process of selling its interest in </span><span style="font-family: 'Times New Roman';">ConectCar</span><span style="font-family: 'Times New Roman';"> started on June 25, 2021. On September 30, 2021, </span><span style="font-family: 'Times New Roman';">ConectCar</span><span style="font-family: 'Times New Roman';"> was controlled by IPP and by </span><span style="font-family: 'Times New Roman';">Redecard</span><span style="font-family: 'Times New Roman';"> S.A., belonging to Ita&#250; </span><span style="font-family: 'Times New Roman';">Unibanco</span><span> Holding S.A., both with equal interests of 50%.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">On October 1, 2021, the Company announced the conclusion of the sale of its interest in </span><span style="font-family: 'Times New Roman';">ConectCar</span><span style="font-family: 'Times New Roman';"> through its subsidiary IPP to Porto Seguro S</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';">A</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';">, through its subsidiary </span><span style="font-family: 'Times New Roman';">Portoseg</span><span style="font-family: 'Times New Roman';"> SA &#8211; Credit, </span><span style="font-family: 'Times New Roman';">Financing</span><span> and Investment. The sale value of the 50% interest in the subsidiary IPP</span><span style="font-family: 'Times New Roman';">&#160;after adjustments resulting from changes in working capital and net debt position, totaled R$</span><span style="font-family: 'Times New Roman';"> </span><span>158 million. The disposition of investment, totaled R$ 78 million. The gain from sale of Conectcar, totaled R$ 76 million.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">b</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. Associates</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Subsidiary IPP holds an interest in </span><span style="font-family: 'Times New Roman';">Transportadora</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Sulbrasileira</span><span style="font-family: 'Times New Roman';"> de </span><span style="font-family: 'Times New Roman';">G&#225;s</span><span style="font-family: 'Times New Roman';"> S.A.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">(&#8220;TSB&#8221;)</span><span style="font-family: 'Times New Roman';">, which is primarily engaged in natural gas transportation services.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Subsidiary </span><span style="font-family: 'Times New Roman';">Oxiteno</span><span style="font-family: 'Times New Roman';"> S.A</span><span style="font-family: 'Times New Roman';">. </span><span style="font-family: 'Times New Roman';">holds an interest in </span><span style="font-family: 'Times New Roman';">Oxicap</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Ind&#250;stria</span><span style="font-family: 'Times New Roman';"> de Gases Ltda. (&#8220;</span><span style="font-family: 'Times New Roman';">Oxicap</span><span style="font-family: 'Times New Roman';">&#8221;), which is primarily engaged in the supply of nitrogen and oxygen for its shareholders in the </span><span style="font-family: 'Times New Roman';">Mau&#225;</span><span style="font-family: 'Times New Roman';"> petrochemical complex.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Due to the sale of the subsidiary, the balances were reclassified to assets of subsidiaries held for sale </span><span style="font-family: 'Times New Roman';">at</span><span style="font-family: 'Times New Roman';"> December 31, 2021, for further details see note <span>3</span>.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';"> </span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">T</span><span style="font-family: 'Times New Roman';">he subsidiary </span><span style="font-family: 'Times New Roman';">Oxiteno</span><span style="font-family: 'Times New Roman';"> S.A.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">holds an interest in </span><span style="font-family: 'Times New Roman';">Qu&#237;mica</span><span style="font-family: 'Times New Roman';"> da Bahia </span><span style="font-family: 'Times New Roman';">Ind&#250;stria</span><span style="font-family: 'Times New Roman';"> e </span><span style="font-family: 'Times New Roman';">Com&#233;rcio</span><span style="font-family: 'Times New Roman';"> S.A.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">(&#8220;</span><span style="font-family: 'Times New Roman';">Qu&#237;mica</span><span style="font-family: 'Times New Roman';"> da Bahia&#8221;)</span><span style="font-family: 'Times New Roman';">, which is primarily engaged in manufacturing, marketing</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> and processing of chemicals. The operations of </span><span style="font-family: 'Times New Roman';">Qu&#237;mica</span><span style="font-family: 'Times New Roman';"> da Bahia</span><span style="font-family: 'Times New Roman';"> are currently suspended.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">This interest is not </span><span style="font-family: 'Times New Roman';">part</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">of </span><span style="font-family: 'Times New Roman';">the </span><span style="font-family: 'Times New Roman';">Oxiteno</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">sale </span><span style="font-family: 'Times New Roman';">transaction</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Subsidiary Cia.</span><span style="font-family: 'Times New Roman';"> Ultragaz</span><span style="font-family: 'Times New Roman';"> holds an interest in </span><span style="font-family: 'Times New Roman';">Metal&#250;rgica</span><span style="font-family: 'Times New Roman';"> Plus S.A.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">(&#8220;</span><span style="font-family: 'Times New Roman';">Metalplus</span><span style="font-family: 'Times New Roman';">&#8221;)</span><span style="font-family: 'Times New Roman';">, which is primarily engaged in the manufacture and trading of LPG containers. The operations of this associate are currently suspended.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Subsidiary </span><span style="font-family: 'Times New Roman';">Cia. Ultragaz</span><span style="font-family: 'Times New Roman';"> holds an interest in </span><span style="font-family: 'Times New Roman';">Plenog&#225;s</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Distribuidora</span><span style="font-family: 'Times New Roman';"> de </span><span style="font-family: 'Times New Roman';">G&#225;s</span><span style="font-family: 'Times New Roman';"> S.A.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">(&#8220;</span><span style="font-family: 'Times New Roman';">Plenog&#225;s</span><span style="font-family: 'Times New Roman';">&#8221;)</span><span style="font-family: 'Times New Roman';">, which is primarily engaged in the marketing of LPG. The operations of this associate are currently suspended.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The</span><span style="font-family: 'Times New Roman';">se</span><span style="font-family: 'Times New Roman';"> investment</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">are</span><span style="font-family: 'Times New Roman';"> accounted for under the equity method of accounting based on</span><span style="font-family: 'Times New Roman';"> the</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';"> as of</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span>1</span></span><span style="font-family: 'Times New Roman';">, <span>202</span></span><span style="font-family: 'Times New Roman';"><span>1</span></span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div>

</div>
<p style="margin: 0pt; text-align: justify;"><br/></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Balances and changes in associates are as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_YGUN0LZI4W00000000000000000000b">
<table cellpadding="0" style="height: 335px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px;" width="100%">
<tbody>
<tr style="height: 12px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 28.5425%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; border-bottom: 1pt solid #000000; width: 9.91903%;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Transportadora Sulbrasileira de G&#225;s S.A. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 1.01215%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 1.21457%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; border-bottom: 1pt solid #000000; width: 9.81781%;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Oxicap Ind&#250;stria de Gases Ltda. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 1.01215%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 1.21457%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; border-bottom: 1pt solid #000000; width: 9.81781%;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Qu&#237;mica da Bahia Ind&#250;stria e Com&#233;rcio S.A. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 1.01215%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 1.21457%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; border-bottom: 1pt solid #000000; width: 9.91903%;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Metal&#250;rgica Plus S.A. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 1.01215%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 1.11336%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; border-bottom: 1pt solid #000000; width: 10.0202%;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Plenog&#225;s Distribuidora de G&#225;s S.A. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 0.910931%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 1.21457%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; border-bottom: 1pt solid #000000; width: 9.91903%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 1.01215%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 28.5425%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2018 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> 4,689 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.01215%;"><br/></td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> 15,366 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.01215%;"><br/></td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> 3,590 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.01215%;"><br/></td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> 228 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.01215%;"><br/></td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.11336%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 10.0202%;">
<p style="margin: 0pt; text-align: right;"><span> 465 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 0.910931%;"><br/></td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> 24,338 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.01215%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 28.5425%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Dividends </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> (818 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; width: 1.01215%;">)</td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span>-</span></p>
</td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; width: 1.01215%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; width: 1.01215%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; width: 1.01215%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; width: 1.11336%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; width: 10.0202%;">
<p style="margin: 0pt; text-align: right;"><span> (87 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; width: 0.910931%;">)</td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> (905 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; width: 1.01215%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 28.5425%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Share of profit (loss) of associates </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> 1,790 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.01215%;"><br/></td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.01215%;"><br/></td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> (36 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.01215%;">)</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> (90 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.01215%;">)</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.11336%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 10.0202%;">
<p style="margin: 0pt; text-align: right;"><span> 85 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 0.910931%;"><br/></td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> 2,317 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.01215%;"><br/></td>
</tr>
<tr style="height: 34px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 28.5425%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Share of profit (loss) of associates - discontinued operations </span></p>
</td>
<td style="vertical-align: bottom; height: 34px; padding: 0px; border-bottom: 1pt solid #000000; width: 9.91903%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span>-</span></p>
</td>
<td style="vertical-align: bottom; height: 34px; padding: 0px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="vertical-align: bottom; height: 34px; padding: 0px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 34px; padding: 0px; border-bottom: 1pt solid #000000; width: 9.81781%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 568</span></p>
</td>
<td style="vertical-align: bottom; height: 34px; padding: 0px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="vertical-align: bottom; height: 34px; padding: 0px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 34px; padding: 0px; border-bottom: 1pt solid #000000; width: 9.81781%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> -</span></p>
</td>
<td style="vertical-align: bottom; height: 34px; padding: 0px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="vertical-align: bottom; height: 34px; padding: 0px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 34px; padding: 0px; border-bottom: 1pt solid #000000; width: 9.91903%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> -</span></p>
</td>
<td style="vertical-align: bottom; height: 34px; padding: 0px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="vertical-align: bottom; height: 34px; padding: 0px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 34px; padding: 0px; border-bottom: 1pt solid #000000; width: 10.0202%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> -</span></p>
</td>
<td style="vertical-align: bottom; height: 34px; padding: 0px; width: 0.910931%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="vertical-align: bottom; height: 34px; padding: 0px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 34px; padding: 0px; border-bottom: 1pt solid #000000; width: 9.91903%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span> -</span></p>
</td>
<td style="vertical-align: bottom; height: 34px; padding: 0px; width: 1.01215%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 28.5425%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2019 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> 5,661 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> 15,934 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> 3,554 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> 138 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.11336%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10.0202%;">
<p style="margin: 0pt; text-align: right;"><span> 463 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.910931%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> 25,750 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 28.5425%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Dividends </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> (2,357 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0202%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.910931%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> (2,357 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 28.5425%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Share of profit (loss) of associates </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> 1,846 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> (12 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> (91 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.11336%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10.0202%;">
<p style="margin: 0pt; text-align: right;"><span> 38 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.910931%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> 1,781 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
</tr>
<tr style="height: 34px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 28.5425%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Share of profit (loss) of associates - discontinued operations </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> 414 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.11336%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 10.0202%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 0.910931%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> 414 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 28.5425%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> 5,150 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> 16,348 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> 3,542 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> 47 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.11336%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10.0202%;">
<p style="margin: 0pt; text-align: right;"><span> 501 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.910931%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> 25,588 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 28.5425%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Capital decrease </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> (1,500 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0202%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.910931%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> (1,500 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 28.5425%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Dividends </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> (998 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.11336%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10.0202%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.910931%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> (998 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 28.5425%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Share of profit (loss) of associates </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> 552 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> (14 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> (100 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0202%;">
<p style="margin: 0pt; text-align: right;"><span> (4 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.910931%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> 434 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"><br/></td>
</tr>
<tr style="height: 34px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 28.5425%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Share of profit (loss) of associates - discontinued operations </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> 48 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.11336%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 10.0202%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 0.910931%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> 48 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.01215%;"><br/></td>
</tr>
<tr style="height: 34px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 28.5425%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Reclassification to assets held for sale </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> (16,396 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.11336%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 10.0202%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 0.910931%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> (16,396 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 28.5425%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> 3,204 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> 3,528 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> (53 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.11336%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; width: 10.0202%;">
<p style="margin: 0pt; text-align: right;"><span> 497 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.910931%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> 7,176 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span></p>

<div>

</div>
</div>
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The table below presents the </span><span style="font-family: 'Times New Roman';">stat</span><span style="font-family: 'Times New Roman';">e</span><span style="font-family: 'Times New Roman';">ments of financial position</span><span style="font-family: 'Times New Roman';"> and </span><span style="font-family: 'Times New Roman';">statements of profit or loss</span><span style="font-family: 'Times New Roman';"> of associates: </span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_XL8PF3M5JK00000000000000000000b">
<table cellpadding="0" style="height: 246px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td colspan="13" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"><br/></td>
</tr>
<tr style="height: 40px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Transportadora Sulbrasileira de G&#225;s S.A. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Oxicap Ind&#250;stria de Gases Ltda. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Qu&#237;mica da Bahia Ind&#250;stria e Com&#233;rcio S.A. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Metal&#250;rgica Plus S.A. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Plenog&#225;s Distribuidora de G&#225;s S.A. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 41%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Current assets </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10%;">
<p style="margin: 0pt; text-align: right;"><span> 7,685 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10%;">
<p style="margin: 0pt; text-align: right;"><span> 90,156 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10%;">
<p style="margin: 0pt; text-align: right;"><span> 14 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10%;">
<p style="margin: 0pt; text-align: right;"><span> 47 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10%;">
<p style="margin: 0pt; text-align: right;"><span> 568 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Non-current assets </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 11,611 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 70,496 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 10,151 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 126 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 1,804 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Current liabilities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 5,875 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 44,408 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 28 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 158 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Non-current liabilities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 601 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 7,562 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 3,109 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 303 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 724 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Equity </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 12,820 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 108,682 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 7,056 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (158 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 1,490 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net revenue from sales and services </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 15,126 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 69,611 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Costs, operating expenses and income </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (12,691 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (68,390 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (28 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (239 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 18 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net finance income and income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">
<p style="margin: 0pt; text-align: right;"><span> (226 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">
<p style="margin: 0pt; text-align: right;"><span> (904 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">
<p style="margin: 0pt; text-align: right;"><span> (61 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">
<p style="margin: 0pt; text-align: right;"><span> (31 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net income (loss) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 2,209 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 317 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (28 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (300 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (13 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Number of shares or units held </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 20,124,996 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 1,987 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 1,493,120 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 3,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 1,384,308 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> % of capital held </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 25 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 15 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 50 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 33 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 33 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_9YTPS4CB6800000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 257px;" width="100%">
<tbody>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td colspan="13" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 17px;"><br/></td>
</tr>
<tr style="height: 52px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Transportadora Sulbrasileira de G&#225;s S.A. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Oxicap Ind&#250;stria de Gases Ltda. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Qu&#237;mica da Bahia Ind&#250;stria e Com&#233;rcio S.A. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Metal&#250;rgica Plus S.A. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Plenog&#225;s Distribuidora de G&#225;s S.A. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 41%; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Current assets </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 10,570 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 65,136 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 47 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 58 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 352 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Non-current assets </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 12,822 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 77,339 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 10,146 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 414 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 2,196 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Current liabilities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 2,189 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 26,116 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p class="ng-scope" style="margin: 0pt; text-align: right;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 28 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 154 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Non-current liabilities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 602 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 7,994 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 3,109 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 302 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 890 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Equity </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 20,601 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 108,365 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 7,084 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 142 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 1,504 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net revenue from sales and services </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 14,295 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 58,677 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p class="ng-scope" style="margin: 0pt; text-align: right;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p class="ng-scope" style="margin: 0pt; text-align: right;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p class="ng-scope" style="margin: 0pt; text-align: right;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Costs, operating expenses and income </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (6,475 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (54,163 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (24 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (212 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 396 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net finance income and income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span> (437 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span> (1,770) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p class="ng-scope" style="margin: 0pt; text-align: right;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span> (60 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span> (39 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net income (loss) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 7,383 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 2,744 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (24 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (272 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 357 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Number of shares or units held </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 20,124,996 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 1,987 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 1,493,120 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 3,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 1,384,308 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> % of capital held </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 25 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 15 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 50 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 33 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 33 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_R75IHFVX5C00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 164px;" width="100%">
<tbody>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td colspan="13" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2019 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"><br/></td>
</tr>
<tr style="height: 52px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Transportadora Sulbrasileira de G&#225;s S.A. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Oxicap Ind&#250;stria de Gases Ltda. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Qu&#237;mica da Bahia Ind&#250;stria e Com&#233;rcio S.A. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Metal&#250;rgica Plus S.A. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Plenog&#225;s Distribuidora de G&#225;s S.A. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 41%; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net revenue from sales and services </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 12,348 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 43,463 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Costs, operating expenses and income </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (4,815 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (36,791 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (84 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (213 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 285 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net finance income and income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (157 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (2,483 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 12 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (57 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (29 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net income (loss) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 7,376 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 4,189 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (72 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (270 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 256 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Number of shares or units held </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 20,124,996 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 1,987 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 1,493,120 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 3,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 1,384,308 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> % of capital held </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 25 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 15 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 50 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 33 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 33 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><br/></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The percentages in the table above are rounded.</span></p>
</div>
<span></span>
</td>
</tr>
</table>
<div style="display: none;">
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of investments accounted for using the equity method. [Refer: Investments accounted for using equity method]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 10<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
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<td style="white-space:nowrap;">ifrs-full_DisclosureOfInvestmentsAccountedForUsingEquityMethodExplanatory</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<td style="white-space:nowrap;">ifrs-full_InvestmentsAccountedForUsingEquityMethodAbstract</td>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147279428744">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Right to Use Assets and Leases payable<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
<tr class="re">
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<td class="text">&#160;<span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfLeasesExplanatory', window );">Right to use assets and leases payable</a></td>
<td class="text">
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;"><span style="border-left: none; border-right: none;">14</span></span><span style="font-family: 'Times New Roman'; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-weight: bold;">Right</span><span style="font-family: 'Times New Roman'; font-weight: bold;">-of-</span><span style="font-family: 'Times New Roman'; font-weight: bold;">u</span><span style="font-family: 'Times New Roman'; font-weight: bold;">se </span><span style="font-family: 'Times New Roman'; font-weight: bold;">as</span><span style="font-family: 'Times New Roman'; font-weight: bold;">sets and </span><span style="font-family: 'Times New Roman'; font-weight: bold;">l</span><span style="font-family: 'Times New Roman'; font-weight: bold;">eases </span><span style="font-family: 'Times New Roman'; font-weight: bold;">p</span><span style="font-family: 'Times New Roman'; font-weight: bold;">ayable</span></span></p>
<p style="margin: 0pt; text-align: justify; margin-top: 10pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The Company and certain</span><span style="font-family: 'Times New Roman';">&#160;subsidiaries have real estate leases, substantially related to: (</span><span style="font-family: 'Times New Roman';">i</span><span style="font-family: 'Times New Roman';">) </span><span style="font-family: 'Times New Roman';">Ipiranga</span><span style="font-family: 'Times New Roman';">: fuel stations</span><span style="font-family: 'Times New Roman';"> and distribution center</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';">; (ii) Ultragaz: points of sale and bottling base</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';">; (i</span><span style="font-family: 'Times New Roman';">ii</span><span style="font-family: 'Times New Roman';">) </span><span style="font-family: 'Times New Roman';">Ultracargo</span><span style="font-family: 'Times New Roman';">: port areas </span><span style="font-family: 'Times New Roman';">and (</span><span style="font-family: 'Times New Roman';">i</span><span style="font-family: 'Times New Roman';">v) Company: offices</span><span style="font-family: 'Times New Roman';">. </span><span style="font-family: 'Times New Roman';">The Company and certain</span><span style="font-family: 'Times New Roman';">&#160;subsidiaries also have lease agreements relating to vehicles.&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">a. Right-of-</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">u</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">se </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">a</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ssets</span></span></p>
<div style="border-left: none; border-right: none;">

<div>
<div style="border-left: none; border-right: none;">
<div id="t_ft_Q84GSOJHAO00000000000000000000b">
<table cellpadding="0" style="height: 331px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px;" width="100%">
<tbody>
<tr style="height: 25px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 25px; background-color: #ffffff; width: 13.5081%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; width: 6.85484%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Weighted average useful life (years) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2020 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 25px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; border-bottom: 1pt solid #000000; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Additions and remeasurement </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 25px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Write-offs </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 25px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt; font-weight: bold;"> Transfer (i) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 25px; width: 1.27389%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Effect of foreign currency exchange rate variation </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 25px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; border-bottom: 1pt solid #000000; width: 7.96371%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Amortization </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 25px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; border-bottom: 1pt solid #000000; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Reclassification to assets held for sale (ii) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 25px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; border-bottom: 1pt solid #000000; width: 7.8629%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2021 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 25px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 13.5081%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Cost: </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.85484%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.27389%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.96371%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.8629%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 13.5081%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Real estate (iii) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; width: 6.85484%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 10 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,254,432 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"> 257,787 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"> (150,718 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.27389%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,295 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.96371%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (569,323 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8629%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"> 1,793,473 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 13.5081%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Port area </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 6.85484%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 20 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 268,534 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"> 31,096 (*) </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.27389%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.96371%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8629%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 299,630 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 13.5081%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Vehicles </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; width: 6.85484%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 4 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 139,843 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 26,589 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (9,315 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.27389%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 103 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.96371%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (11,047 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8629%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 146,173 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 13.5081%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Equipment </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 6.85484%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 6 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 44,936 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 19,887 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (6,171 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.27389%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,920 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.96371%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (43,832 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8629%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 16,740 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 13.5081%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; width: 6.85484%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 20 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 27,846 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.27389%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.96371%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.8629%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 27,846 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 13.5081%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.85484%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,735,591 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"> 335,359 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"> (166,204 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.27389%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,318 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.96371%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (624,202 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8629%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"> 2,283,862 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 13.5081%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Accumulated amortization: </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.85484%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.27389%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.96371%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8629%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 13.5081%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Real estate </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.85484%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (481,975 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"> 76,954 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.27389%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (530 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.96371%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (283,882 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 199,963 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8629%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"> (489,470 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 13.5081%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Port area </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.85484%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (3,962 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.06452%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (11,935 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.27389%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.96371%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (7,629 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.06452%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8629%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (23,526 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 13.5081%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Vehicles </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.85484%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (63,091 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 7,032 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.27389%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (54 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.96371%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (48,146 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 5,392 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8629%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (98,867 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 13.5081%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Equipment </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.85484%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (19,619 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.06452%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 6,483 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.27389%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (897) </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.96371%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (17,637 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.06452%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 29,836 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8629%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,834 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 13.5081%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.85484%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (16,658 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.27389%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 7.96371%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (2,212 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 7.8629%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (18,870 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 13.5081%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.85484%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (585,305 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"> 90,469 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (11,935 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.27389%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,481 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 7.96371%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (359,506 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 235,191 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 7.8629%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"> (632,567 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 13.5081%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Impairment </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.85484%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.27389%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.96371%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8629%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 13.5081%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Real estate </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.85484%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (38,957 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.27389%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.96371%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 38,957 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.8629%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 13.5081%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.85484%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (38,957 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.27389%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 7.96371%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 38,957 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 7.8629%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; margin: 0px; text-indent: 0px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 13.5081%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net amount </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.85484%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 2.8pt double #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,150,286 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 2.8pt double #000000; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 296,402 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 2.8pt double #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-size: 10pt;"> (75,735 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 2.8pt double #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (11,935 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.27389%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 2.8pt double #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,837 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 2.8pt double #000000; width: 7.96371%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (359,506 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 2.8pt double #000000; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (350,054 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 2.8pt double #000000; width: 7.8629%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-size: 10pt;"> 1,651,295 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
</tbody>
</table>
</div>
</div>
<p style="margin: 2pt 0pt 0pt 7.1pt; text-align: justify; text-indent: -7.1pt;"><br/></p>
<div>
<div id="t_ft_V6UF32O94W00000000000000000000b">

</div>
</div>
</div>
<div style="margin: 0px; text-indent: 0px;">
<div id="t_ft_GP6T841WJK00000000000000000000b">
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td style="width: 2%; vertical-align: top; text-align: right; padding: 15px 1px 0px;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(i)&#160;</span></td>
<td style="width: 98%; text-align: justify; padding: 15px 1px 0px;"><span style="font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-family: 'Times New Roman';">Refers to the amortization of right-of-use assets in the subsidiary Tequimar Vila do Conde Log&#237;stica Portu&#225;ria S.A. (&#8220;Tequimar Vila do Conde&#8221;), which is being capitalized as Construction in progress,&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">starting its operation in December 2021</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">.</span></span></td>
</tr>
<tr>
<td style="vertical-align: top; text-align: right; width: 2%;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(ii)</span></td>
<td style="text-align: justify; width: 98%;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">For further information, see Note 3.c.1.</span></td>
</tr>
<tr>
<td style="vertical-align: top; text-align: right; width: 2%;" valign="top"><span style="font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">(ii</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">i</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">)</span></span></td>
<td style="text-align: justify; width: 98%;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Includes lease contracts as presented in Note 9.a.</span></td>
</tr>
<tr>
<td style="vertical-align: top; text-align: right; width: 2%;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(*)</span></td>
<td style="text-align: justify; width: 98%;">
<p style="margin: 2pt 0pt 0pt 7.1pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; text-indent: -7.1pt;"> Includes balances of R$&#160;14,905&#160;referring to initial direct costs of right-of-use assets. </p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 2pt 0pt 0pt 7.1pt; text-align: justify; text-indent: -7.1pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_PUK39V1J5S00000000000000000000b">
<table cellpadding="0" style="height: 274px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px;" width="100%">
<tbody>
<tr style="height: 19px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 27.8481%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Weighted average useful life (years) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; border-bottom: 1px solid #000000; width: 7.8481%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2019 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; border-bottom: 1px solid #000000; width: 10.1266%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Additions and remeasurement </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; border-bottom: 1px solid #000000; width: 7.46835%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Write-offs </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; border-bottom: 1px solid #000000; width: 7.59494%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Effect of foreign currency exchange rate variation </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; border-bottom: 1px solid #000000; width: 8.86076%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Amortization </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 19px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; border-bottom: 1px solid #000000; width: 7.8481%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2020 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 19px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 27.8481%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Cost: </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 27.8481%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Real estate </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 10 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,068,254 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 259,244 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (78,529 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 5,463 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,254,432 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 27.8481%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Port area </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 20 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 68,007 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 200,527 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 268,534 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 27.8481%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Vehicles </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 4 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 91,868 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 55,616 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (7,893 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 252 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 139,843 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 27.8481%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Equipment </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 6 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 31,822 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 7,833 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (572 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 5,853 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 44,936 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 27.8481%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 20 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 7.8481%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 27,846 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 10.1266%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 7.46835%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 7.59494%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 8.86076%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 7.8481%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 27,846 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 27.8481%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,287,797 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 523,220 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (86,994 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 11,568 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,735,591 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 27.8481%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Accumulated amortization: </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 27.8481%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Real estate </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (256,430 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 46,282 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (697 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (271,130 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (481,975 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 27.8481%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Port area </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (3,962 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (3,962 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 27.8481%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Vehicles </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (27,492 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 5,509 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 232 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (41,340 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (63,091 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 27.8481%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Equipment </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (7,600 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 572 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,996 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (10,595 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (19,619 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 27.8481%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 7.8481%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (15,363 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.1266%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 7.46835%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 7.59494%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 8.86076%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,295 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 7.8481%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (16,658 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 27.8481%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72152%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.8481%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (306,885 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 10.1266%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.26582%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.46835%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 52,363 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.59494%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (2,461 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 8.86076%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (328,322 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.8481%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (585,305 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 27.8481%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net amount </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72152%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 7.8481%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,980,912 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 10.1266%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 523,220 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.26582%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 7.46835%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (34,631 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 7.59494%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 9,107 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 8.86076%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (328,322 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 7.8481%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,150,286 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div>
<div id="t_ft_JV9D42TOC000000000000000000000b">

</div>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">
<p style="margin: 0pt; text-align: justify;"><br/></p>
</div>
<div id="t_ft_9C44H22TN400000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 181px; text-indent: 0px;" width="100%">
<tbody>
<tr style="height: 10px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 22.3684%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Weighted average useful life (years) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1px solid #000000; height: 10px; width: 7.99595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Adoption IFRS 16 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 0.910931%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1px solid #000000; height: 10px; width: 8.09717%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Additions and remeasurement </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1px solid #000000; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Write-offs </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1px solid #000000; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Transfer </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1px solid #000000; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Effect of foreign currency exchange rate variation </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1px solid #000000; height: 10px; width: 7.99595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Amortization </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1px solid #000000; height: 10px; width: 7.99595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2019 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 22.3684%; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Cost: </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.89474%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.99595%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.910931%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.21457%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.09717%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01215%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.11336%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.89474%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01215%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.11336%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.89474%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.21457%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.89474%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01215%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.11336%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.99595%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01215%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.11336%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.99595%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01215%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 22.3684%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Real estate </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 7 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,636,330 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.910931%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.09717%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 308,622 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (55,605 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 98,043 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 80,930 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,068,320 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 22.3684%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-size: 10pt;"> Port area (i) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 0.910931%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 8.09717%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 68,007 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 68,007 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 22.3684%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 4 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 95,097 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.910931%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 8.09717%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 26,235 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,981 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 27,847 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 4,272 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 151,470 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 22.3684%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,731,427 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 0.910931%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 8.09717%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 402,864 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (57,586 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 125,890 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 85,202 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,287,797 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 22.3684%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Accumulated amortization: </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.910931%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.09717%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 22.3684%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Real estate </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 0.910931%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 8.09717%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 6,682 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 36 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (262,750 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (256,032 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 22.3684%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.910931%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 8.09717%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 442 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (14,068 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 81 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (37,308 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (50,853 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 22.3684%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 0.910931%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px; width: 8.09717%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 7,124 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (14,068 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 117 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (300,058 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (306,885 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 22.3684%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net amount </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; height: 18px; width: 7.99595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,731,427 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 18px; width: 0.910931%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; height: 18px; width: 8.09717%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 402,864 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; height: 18px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (50,462 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.01215%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; height: 18px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 111,822 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; height: 18px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 85,319 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; height: 18px; width: 7.99595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (300,058 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.01215%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; height: 18px; width: 7.99595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,980,912 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">(</span><span style="font-family: 'Times New Roman';">i</span><span style="font-family: 'Times New Roman';">) Refers to the area port lease, which R$ 68,007 was paid by the Company&#8217;s subsidiaries in the fourth quarter of <span style="border-left: none; border-right: none;">2019</span>.</span></span></p>
</div>

</div>
</div>
<div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;</span></p>
<div>
<div id="t_ft_L9BM8HIKI800000000000000000000b">

</div>
</div>
</div>
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">b. Lease</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">s</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"> </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">p</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ayable</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The changes in leases </span><span style="font-family: 'Times New Roman';">payable </span><span style="font-family: 'Times New Roman';">are shown below:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_VRUHNTVL3K00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 396px; text-indent: 0px;" width="100%">
<tbody>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 87%; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2018 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 46,066 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.49701%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Adoption IFRS 16 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,363,803 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Interest accrued </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 128,996 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Payments </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (321,716 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Additions and remeasurement </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 334,857 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Write-offs </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (52,129 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Effect of foreign currency exchange rate variation </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px; margin: 0px; text-indent: 0px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 88,796 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2019 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,588,673 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Interest accrued </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 144,655 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Payments </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (360,787 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Additions and remeasurement </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 484,121 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Write-offs </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (35,381 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Effect of foreign currency exchange rate variation </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 12,007 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Assignment of contract </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px; margin: 0px; text-indent: 0px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px; margin: 0px; text-indent: 0px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,833,288 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Interest accrued </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 147,494 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom-width: 1px; width: 87%;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Payments </span><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman'; vertical-align: super;">(</span><span style="font-family: 'Times New Roman'; vertical-align: super;">i</span><span style="font-family: 'Times New Roman'; vertical-align: super;">)</span></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (440,574 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 1.49701%;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Additions and remeasurement </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 288,711 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Write-offs </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (83,157 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Effect of foreign currency exchange rate variation </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 16,264 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom-width: 1px; width: 87%;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Reclassification to liabilities held for sale </span><span style="font-family: 'Times New Roman'; vertical-align: super; font-size: 8pt;">(ii)</span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (413,715 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 1.49701%;">)</td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px; margin: 0px; text-indent: 0px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,348,311 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; width: 1.49701%;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 188,832 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px; width: 1.49701%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Non-current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,159,479 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-size: 8pt;"><sup><span style="font-family: 'Times New Roman'; vertical-align: super;">(i)</span></sup></span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Includes the amount of R$ 29,237 paid by subsidiary Tequimar Vila do Conde related to port concession grants.</span></span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; vertical-align: super; font-size: 8pt;">(ii)</span><span style="font-family: 'Times New Roman';"> For further information. see Note 3.c.1.</span></span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The future disbursements (installments) assumed under </span><span style="font-family: 'Times New Roman';">leases</span><span style="font-family: 'Times New Roman';"> contracts are presented below:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_011B9S3RLC00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 12.75pt; background-color: #ffffff;">
<td colspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom-width: 1px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; border-bottom: 1px solid #000000; background-color: #ffffff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom-width: 1px;"><br/></td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 87%; border-bottom-width: 1px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Up to 1 year </span></p>
</td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%; border-bottom-width: 1px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 304,007 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; width: 1%; border-bottom-width: 1px;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom-width: 1px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> From 1 to 2 years </span></p>
</td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 264,224 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px;"><br/></td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> From 2 to 3 years </span></p>
</td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 241,323 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom-width: 1px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> From 3 to 4 years </span></p>
</td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 218,157 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px;"><br/></td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> From 4 to 5 years </span></p>
</td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 152,671 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom-width: 1px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> More than 5 years </span></p>
</td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 965,220 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;"><br/></td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total </span></p>
</td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,145,602 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The contracts related to the </span><span style="font-family: 'Times New Roman';">leases</span><span style="font-family: 'Times New Roman';"> payable are substantially indexed by the IGP-M (General Market Price Index is a measure of Brazilian inflation, calculated by the </span><span style="font-family: 'Times New Roman';">Get&#250;lio</span><span style="font-family: 'Times New Roman';"> Vargas Foundation).&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div>

</div>
<p style="font-size: 11pt; line-height: 115%; margin: 2pt 0pt 10pt; text-align: justify; margin-top: 6pt; font-style: italic; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">b.1. Discount rates&#160;</span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The weighted average discount rates for the lease contracts </span><span style="font-family: 'Times New Roman';">of the Company </span><span style="font-family: 'Times New Roman';">are</span><span style="font-family: 'Times New Roman';">:&#160;&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_JV9A1D6FZK00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 99.8338%; height: 102px;" width="100%">
<tbody>
<tr style="height: 17px;">
<td colspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Contracts for maturity date and discount rate </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Maturity date of the contracts</span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Discount rates (% p.a.) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 50%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Up to 5 years </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 49%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 6.92 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> From 6 to 10 years </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 7.12 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> From 11 to 15 years </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 7.35 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> More than 15 years </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 8.18 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>

<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">c. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Lease contracts of low amount assets&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Subsidiaries Cia. Ultragaz, </span><span style="font-family: 'Times New Roman';">Bahiana</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">I</span><span style="font-family: 'Times New Roman';">PP and</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Serma</span><span style="font-family: 'Times New Roman';"> have operating lease contracts </span><span style="font-family: 'Times New Roman';">consider as </span><span style="font-family: 'Times New Roman';">being of </span><span style="font-family: 'Times New Roman';">low value, short </span><span style="font-family: 'Times New Roman';">term</span><span style="font-family: 'Times New Roman';"> and variable payments </span><span style="font-family: 'Times New Roman';">for the use of</span><span style="font-family: 'Times New Roman';"> factory and</span><span style="font-family: 'Times New Roman';"> IT equipment</span><span style="font-family: 'Times New Roman';">&#8217;</span><span style="font-family: 'Times New Roman';">s, vehicles and real states</span><span style="font-family: 'Times New Roman';">. The subsidiaries have the option to purchase the assets </span><span style="font-family: 'Times New Roman';">referring to IT equipment </span><span style="font-family: 'Times New Roman';">at a price equal to the fair </span><span style="font-family: 'Times New Roman';">value</span><span style="font-family: 'Times New Roman';"> on the date of option, and management does not intend to exercise such option. </span><span style="font-family: 'Times New Roman';">The future disbursements (</span><span style="font-family: 'Times New Roman';">payments</span><span style="font-family: 'Times New Roman';">), assumed </span><span style="font-family: 'Times New Roman';">as a result of</span><span style="font-family: 'Times New Roman';"> these contracts amount approximately to:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>

<table cellpadding="0" style="border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 22.7pt; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Up to 1 year </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Between 1 and 5 years </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"><br/></td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 58%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 124 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 994 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,118 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 1%; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,147 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 6,145 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 7,292 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
</tr>
</tbody>
</table>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The</span><span style="font-family: 'Times New Roman';"> amount of leases considered</span><span style="font-family: 'Times New Roman';">&#160;low value, short term and variable payments, recognized as </span><span style="font-family: 'Times New Roman';">an </span><span style="font-family: 'Times New Roman';">expense </span><span style="font-family: 'Times New Roman';">for the </span><span style="font-family: 'Times New Roman';">year</span><span style="font-family: 'Times New Roman';"> ended</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">2021</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">was R$ 13,524</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">(R$ </span><span style="font-family: 'Times New Roman';">13,965</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">for the </span><span style="font-family: 'Times New Roman';">year</span><span style="font-family: 'Times New Roman';"> ended</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';">, 2020</span><span style="font-family: 'Times New Roman';">&#160;and R$ 7,255 for the year ended December 31, 2019</span><span style="font-family: 'Times New Roman';">).</span></span></p>
</div>
<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfLeasesExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for leases.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Section Presentation<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;doctype=Standard&amp;dita_xref=IFRS16_g47-50_TI<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Section Disclosure<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;doctype=Standard&amp;dita_xref=IFRS16_g51-60_TI<br> -URIDate 2021-03-24<br></p></div>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147279138248">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Property, Plant, and Equipment<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentAbstract', window );"><strong>Disclosure of detailed information about property, plant and equipment [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory', window );">Property, Plant, and Equipment</a></td>
<td class="text">
<p style="margin: 0pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">15</span><span style="font-family: 'Times New Roman'; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-weight: bold;">Property, </span><span style="font-family: 'Times New Roman'; font-weight: bold;">p</span><span style="font-family: 'Times New Roman'; font-weight: bold;">lant, and </span><span style="font-family: 'Times New Roman'; font-weight: bold;">e</span><span style="font-family: 'Times New Roman'; font-weight: bold;">quipment</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Balances and changes in </span><span style="font-family: 'Times New Roman';">PP&amp;E</span><span style="font-family: 'Times New Roman';"> are as follows:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 12pt;">&#160;</span></p>
<div id="t_ft_XMFO3SIGAO00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 298px; text-indent: 0px;" width="100%">
<tbody>
<tr style="height: 34px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 34px; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 12pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Weighted average useful life (years) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2020 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Additions </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Depreciation </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">Transfer </span><sup><span style="font-family: 'Times New Roman'; font-weight: bold; vertical-align: super;">(</span></sup><sup><span style="font-family: 'Times New Roman'; font-weight: bold; vertical-align: super;">i</span></sup><sup><span style="font-family: 'Times New Roman'; font-weight: bold; vertical-align: super;">) (ii)</span></sup></span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Write-offs and disposals </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Effect of foreign currency exchange rate variation </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">Reclassified to assets held for sale</span><sup><span style="font-family: 'Times New Roman'; font-weight: bold; vertical-align: super;">&#160;</span></sup><sup><span style="font-family: 'Times New Roman'; font-weight: bold; vertical-align: super;">(iii)</span></sup></span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2021 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Cost: </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 22%; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Land </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; width: 7%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 7%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 687,108 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 7%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,424 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 7%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 7%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 7%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (17,503 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 7%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,416 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 7%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (65,151 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 7%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 610,294 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Buildings </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 33 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,154,710 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 47,920 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 119,748 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (34,925 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 26,997 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (827,729 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,486,721 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Leasehold improvements </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 10 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,222,822 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 21,944 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 136,206 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (31,587 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 30 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (293,236 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,056,179 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Machinery and equipment </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 12 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 6,498,362 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 161,071 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 558,197 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (13,811 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 93,412 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (4,272,654 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,024,577 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 38px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 38px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Automotive fuel/lubricant distribution equipment and facilities </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 13 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,169,320 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 88,112 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 33,794 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (45,640 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,245,586 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> LPG tanks and bottles </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 9 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 776,479 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 91,842 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,567 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (28,957 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 840,931 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Vehicles </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 8 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 310,836 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 19,054 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 11,634 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (25,949 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 82 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (27,418 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 288,239 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Furniture and utensils </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 8 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 316,712 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 33,644 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,277 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (14,614 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,296 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (171,223 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 168,092 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> IT equipment </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 5 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 444,844 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 28,350 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 901 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (11,998 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 705 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (132,427 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 330,375 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 22px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 22px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Construction in progress </span><sup><span style="font-family: 'Times New Roman'; vertical-align: super;">(ii)</span></sup></span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 580,695 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 797,674 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (829,245 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (301 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,290 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (99,865 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 452,248 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Advances to suppliers </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 34,642 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 21,985 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (18,894 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (23,452 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 14,281 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Imports in progress </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 866 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 4,312 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (4,631) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 38 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (404 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 181 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 16,197,396 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,318,332 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 11,554 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (225,285 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 129,266 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (5,913,559 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 11,517,704 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<div>

</div>
<p style="font-size: 11pt; line-height: 115%; text-align: justify; margin: 0px; text-indent: 0px;"><br/></p>
<div id="t_ft_CZWMALA3EO00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 99.9987%; height: 422px; text-indent: 0px;" width="100%">
<tbody>
<tr style="height: 31px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 31px; border-bottom-width: 1px; width: 17.5857%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 12pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 31px; border-bottom-width: 1px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 12pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2020 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.04769%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Additions </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.94188%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Depreciation </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 7.1535%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">Transfer </span><sup><span style="font-family: 'Times New Roman'; font-weight: bold; vertical-align: super;">(</span></sup><sup><span style="font-family: 'Times New Roman'; font-weight: bold; vertical-align: super;">i</span></sup><sup><span style="font-family: 'Times New Roman'; font-weight: bold; vertical-align: super;">) (ii)</span></sup></span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 7.45156%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Write-offs and disposals </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 7.30253%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Effect of foreign currency exchange rate variation </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 10.8793%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">Reclassified to assets held for sale</span><sup><span style="font-family: 'Times New Roman'; font-weight: bold; vertical-align: super;">&#160;</span></sup><sup><span style="font-family: 'Times New Roman'; font-weight: bold; vertical-align: super;">(iii)</span></sup></span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2021 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 17.5857%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Accumulated depreciation: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.5857%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Buildings </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.93741%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.79285%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (851,397 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.04769%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.94188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (68,388 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.745156%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.1535%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (94 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.45156%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 23,031 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.30253%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (6,872 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.745156%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.8793%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 317,874 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.49031%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.745156%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.79285%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (585,846 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 17.5857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Leasehold improvements </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (689,161) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (81,976 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 81 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 27,519 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (37 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 170,021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (573,553 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 17.5857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Machinery and equipment </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; border-bottom-width: 1px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (3,598,304 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (356,637 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 11,717 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (21,651 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,206,474 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,758,401 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 34px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 34px; border-bottom-width: 1px; width: 17.5857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Automotive fuel/lubricant distribution equipment and facilities </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 34px; border-bottom-width: 1px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,906,953 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (178,110 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (311 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 34,841 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (2,050,533 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 17.5857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> LPG tanks and bottles </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; border-bottom-width: 1px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (454,651 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (62,558 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 18,899 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (498,310 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 17.5857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Vehicles </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (143,854 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (22,927 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 195 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 15,480 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (20 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 17,977 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (133,149 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 17.5857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Furniture and utensils </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; border-bottom-width: 1px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (191,713 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (23,594 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 24 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 14,443 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (817 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 89,369 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (112,288 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 17.5857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> IT equipment </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (352,256 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (35,614 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 317 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 11,489 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (435 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 106,965 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (269,534 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 17.5857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; border-bottom-width: 1px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (8,188,289 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (829,804 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 212 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 157,419 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (29,832 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,908,680 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (5,981,614 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 17.5857%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Provision for losses: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 17.5857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Land </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; border-bottom-width: 1px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (146 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (146 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 17.5857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Leasehold improvements </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (61 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (43,666 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (3 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 43,712 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (18 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.5857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Machinery and equipment </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (2,857 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (839 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 6 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (45 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,446 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,289 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 34px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 17.5857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Automotive fuel/lubricant distribution equipment and facilities </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 34px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (73 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 27 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (46 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.5857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Vehicles </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (160 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 160 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 17.5857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Furniture and utensils </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (14,887 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 14,887 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.5857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> IT equipment </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,660 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,660 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 17.5857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Advances to suppliers </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (110 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 110 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.5857%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (3,247 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (61,212 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 33 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (48 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 62,975 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,499 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 17.5857%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net amount </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 8,005,860 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,257,120 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (829,804 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 11,766 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (67,833 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 99,386 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (2,941,904 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49031%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 5,534,591 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';"><br/></span></span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">(i) Refers to </span><span style="font-family: 'Times New Roman';">R</span><span style="font-family: 'Times New Roman';">$ </span><span style="font-family: 'Times New Roman';">169</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">transferred </span><span style="font-family: 'Times New Roman';">to</span><span style="font-family: 'Times New Roman';"> intangible assets.</span></span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">(ii) Includes R$ </span><span style="font-family: 'Times New Roman';">11,935</span><span style="font-family: 'Times New Roman';"> transferred</span><span style="font-family: 'Times New Roman';"> from right-of-use</span><span style="font-family: 'Times New Roman';"> assets</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(iii) <span style="border-right: none; border-left: none;">For further information, see Note 3.c.1.</span></span></p>
<div>

</div>
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><br/></span></p>
<div id="t_ft_Y1C68Q6NY800000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 311px; text-indent: 0px;" width="100%">
<tbody>
<tr style="height: 56px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 56px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Weighted average useful life (years) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 56px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2019 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 56px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Additions </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 56px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Depreciation </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 56px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Transfer (i) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 56px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Write-offs and disposals </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 56px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Effect of foreign currency exchange rate variation </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 56px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2020 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Cost: </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 23%; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Land </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; width: 8%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 667,865 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 21,300 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,113 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (14,427 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 10,257 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 687,108 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Buildings </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 32 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,925,946 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 25,572 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 148,527 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (27,210 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 81,875 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,154,710 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Leasehold improvements </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 9 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,121,528 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 28,374 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 89,559 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (16,954 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 315 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,222,822 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Machinery and equipment </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 13 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 5,707,721 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 144,089 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 378,883 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (5,554 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 273,223 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 6,498,362 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 34px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Automotive fuel/lubricant distribution equipment and facilities </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 13 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,991,472 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 90,279 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 133,963 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (46,394 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,169,320 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> LPG tanks and bottles </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 10 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 755,460 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 65,230 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 289 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (44,500 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 776,479 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Vehicles </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 8 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 320,161 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 22,495 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 8,363 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (40,517 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 334 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 310,836 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Furniture and utensils </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 9 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 295,604 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 13,985 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 6,775 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (3,694 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 4,042 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 316,712 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Construction in progress </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 827,086 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 506,367 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (765,785 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,167 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 14,194 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 580,695 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Advances to suppliers </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 12,544 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 28,339 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (6,185 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (56 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 34,642 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Imports in progress </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 250 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,437 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (822 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 866 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> IT equipment </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 5 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 412,809 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 32,134 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 539 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (2,827 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,189 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 444,844 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 15,038,446 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 979,601 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (3,781 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (203,300 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 386,430 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 16,197,396 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<div>

</div>
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 12pt;"><br/></span></p>
<div id="t_ft_JI06Y7WR4000000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 374px;" width="100%">
<tbody>
<tr style="height: 57px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2019 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Additions </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Depreciation </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Transfer (i) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Write-offs and disposals </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Effect of foreign currency exchange rate variation </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Accumulated depreciation: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 30%; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Buildings </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; width: 1%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (793,835 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (65,318 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,376 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 20,021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (14,641 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (851,397 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Leasehold improvements </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (614,379 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (80,995 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 49 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 6,252 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (88 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (689,161 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Machinery and equipment </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (3,231,627 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (317,694 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 59 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 4,091 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (53,133 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (3,598,304 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 22px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 22px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Automotive fuel/lubricant distribution equipment and facilities </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 22px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,766,878 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (176,404 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (6 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 36,335 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,906,953 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> LPG tanks and bottles </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (425,554 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (56,267 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (30 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 27,200 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (454,651 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Vehicles </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (139,045 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (24,585 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 48 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 19,997 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (269 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (143,854 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Furniture and utensils </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (171,475 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (21,060 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 7 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,988 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (2,173 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (191,713 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> IT equipment </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (318,063 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (35,080 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 122 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,676 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,911 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (352,256 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (7,460,856 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (777,403 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,625 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 119,560 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (72,215 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (8,188,289 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Provision for losses: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Advances to suppliers </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (110 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (110 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Land </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (146 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (146 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Leasehold improvements </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,599 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 910 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 639 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (11 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (61 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Machinery and equipment </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (2,875 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 156 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (138 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (2,857 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 23px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 23px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Automotive fuel/lubricant distribution equipment and facilities </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 23px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 23px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (98 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 23px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 23px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 23px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 23px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 23px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 23px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 23px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 23px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 23px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 23px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 23px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 23px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 25 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 23px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 23px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 23px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 23px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 23px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 23px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (73 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 23px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (4,828 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 910 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 820 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (149 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (3,247 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net amount </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 7,572,762 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 980,511 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (777,403 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,156 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (82,920 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 314,066 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 8,005,860 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(i) Refers to amounts transferred between items and to intangible assets.</span></p>
<div>

</div>
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 12pt;"><br/></span></p>
<div id="t_ft_2X39FA40G000000000000000000000b">
<table cellpadding="0" style="height: 335px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px; margin-left: 0.1px;" width="100%">
<tbody>
<tr style="height: 69px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 69px;">
<p style="margin: 0pt; text-align: center;"><br/></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Weighted average useful life (years) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2018 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Additions </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Depreciation </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Transfer (i) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Write-offs and disposals </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Effect of foreign currency exchange rate variation </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Oxiteno Andina (*) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/30/2019 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 22%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Cost: </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Land </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 620,879 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 43,420 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 4,785 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (2,017 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,059 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (261 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 667,865 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Buildings </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 32 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,801,073 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 18,117 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 105,861 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (4,339 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 7,023 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,789 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,925,946 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Leasehold improvements </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 10 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,015,640 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 19,191 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 129,234 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (42,552 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 15 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,121,528 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Machinery and equipment </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 13 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 5,219,256 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 131,831 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 365,953 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (4,967 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 9,596 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (13,948 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 5,707,721 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 45px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 45px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Automotive fuel/lubricant distribution equipment and facilities </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 45px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 14 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,864,333 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 103,288 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 81,038 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (57,187 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,991,472 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> LPG tanks and bottles </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 10 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 743,016 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 65,351 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (6,993 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (45,914 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 755,460 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Vehicles </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 7 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 308,756 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 24,686 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 7,564 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (20,353 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (394 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (98 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 320,161 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Furniture and utensils </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 9 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 279,016 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 15,009 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 4,399 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (2,665 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 198 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (353 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 295,604 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Construction in progress </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 922,799 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 591,525 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (695,301 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (108 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 8,344 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (173 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 827,086 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Advances to suppliers </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 14,088 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 7,378 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (8,921 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 12,544 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Imports in progress </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 41 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 9,513 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (9,304 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 250 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> IT equipment </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 5 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 395,063 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 21,771 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 872 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (5,249 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 352 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 412,809 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 14,183,960 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,051,080 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (20,813 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (185,351 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 26,192 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (16,622 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 15,038,446 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<div>

</div>
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><br/></p>
<div id="t_ft_Q5J92B7J1C00000000000000000000b">
<table cellpadding="0" style="height: 458px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px; margin-left: 0.1px;" width="100%">
<tbody>
<tr style="height: 51px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><br/></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; border-bottom: 1px solid #000000; width: 8.83191%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2018 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; border-bottom: 1px solid #000000; width: 8.26211%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Additions </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; border-bottom: 1px solid #000000; width: 9.40171%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Depreciation </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; border-bottom: 1px solid #000000; width: 6.69516%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Transfer (i) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; border-bottom: 1px solid #000000; width: 6.98006%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Write-offs and disposals </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; border-bottom: 1px solid #000000; width: 7.12251%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Effect of foreign currency exchange rate variation </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; border-bottom: 1px solid #000000; width: 6.26781%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Oxiteno Andina (*) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; border-bottom: 1px solid #000000; width: 8.83191%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2019 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.43062%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Accumulated depreciation: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Buildings </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (743,117 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (58,158 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 187 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 4,681 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 893 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,679 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (793,835 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Leasehold improvements </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (558,042 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (84,664 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,040 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 26,291 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (4 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (614,379 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Machinery and equipment </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (2,969,209 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (298,767 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,983 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,510 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 16,340 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 13,516 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (3,231,627 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 34px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Automotive fuel/lubricant distribution equipment and facilities </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 34px; background-color: #cceeff; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,657,608 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (159,961 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 50,691 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,766,878 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.43062%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> LPG tanks and bottles </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (401,056 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (57,890 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 4,467 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 28,925 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (425,554 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Vehicles </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (123,650 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (27,106 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 28 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 11,274 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 311 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 98 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (139,045 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Furniture and utensils </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (155,339 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (18,944 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (12 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,280 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 204 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 336 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (171,475 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> IT equipment </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 8.83191%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (288,083 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 8.26211%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 9.40171%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (34,782 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 6.69516%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 50 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 6.98006%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 5,061 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 7.12251%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (309 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 6.26781%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 8.83191%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (318,063 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Construction in progress </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 8.83191%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (6,896,104 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 8.26211%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 9.40171%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (740,272 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 6.69516%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 9,743 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 6.98006%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 132,713 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 7.12251%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 17,435 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 6.26781%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 15,629 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 8.83191%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (7,460,856 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Provision for losses: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Advances to suppliers </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (83 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (27 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (110 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Buildings </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (306 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 306 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Land </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (827 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 681 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (146 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Leasehold improvements </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,385 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,528 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 111 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,203 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,599 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 33px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Machinery and equipment </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 33px; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (6,117 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 769 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,138 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,335 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (2,875 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.43062%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 34px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Automotive fuel/lubricant distribution equipment and facilities </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 34px; background-color: #cceeff; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (165 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 67 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (98 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.43062%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Construction in progress </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (38 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 38 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Furniture and utensils </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 8.83191%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (70 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 8.26211%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 9.40171%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 6.69516%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 6.98006%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 7.12251%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 6.26781%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 69 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 8.83191%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 8.83191%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (8,991 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 8.26211%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,555 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 9.40171%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 6.69516%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 6.98006%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 948 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 7.12251%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,341 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 6.26781%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,429 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 8.83191%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (4,828 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 14.245%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net amount </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.7094%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 8.83191%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 7,278,865 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 8.26211%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,049,525 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 9.40171%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (740,272 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 6.69516%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (11,070 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 6.98006%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (51,690 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 7.12251%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 45,968 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 6.26781%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,436 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 8.83191%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 7,572,762 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 12pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">(i) Refers to amounts transferred to intangible assets, inventories and right</span><span style="font-family: 'Times New Roman';">-of-</span><span style="font-family: 'Times New Roman';">use assets.</span></span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(*) Refers to the asset write-offs of Oxiteno Andina.</span></p>

<div>

</div>
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><br/></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Construction in progress relates substantially to expansions, renovations, constructions and upgrade of industrial facilities, terminals, stores, service stations and distribution bases.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Advances to suppliers is related, basically, to manufacturing of assets for expansion of plants, terminals, stores, service stations and bases and acquisition of real estate.&#160;&#160;</span></p>
<span></span>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for property, plant and equipment.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Section Disclosure<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;doctype=Standard&amp;dita_xref=IAS16_g73-79_TI<br> -URIDate 2021-03-24<br></p></div>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147279042840">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Intangible Assets<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
<tr class="re">
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<tr class="ro">
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<td class="text">
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;"><span style="border-left: none; border-right: none;">16</span>. </span><span style="font-weight: bold;">Intangible </span><span style="font-weight: bold;">a</span><span style="font-weight: bold;">ssets</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Balances and changes in intangible assets are as follows:&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div style="border-left: none; border-right: none;">
<table cellpadding="0" style="height: 434px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 70px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 70px; width: 17.7515%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; width: 6.6568%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Weighted average useful life (years) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; border-bottom: 1px solid #000000; width: 8.72781%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; border-bottom: 1px solid #000000; width: 7.10059%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Additions </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; border-bottom: 1px solid #000000; width: 9.1716%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Amortization </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.887574%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; border-bottom: 1px solid #000000; width: 5.76923%;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-family: 'times new roman', times;"><span style="font-weight: bold;"> Transfer (i)</span> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; border-bottom: 1px solid #000000; width: 7.24852%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Write-offs and disposals </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.887574%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; border-bottom: 1px solid #000000; width: 6.50888%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Effect of foreign currency exchange rate variation </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.8285%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; border-bottom: 1px solid #000000; width: 10.6509%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Reclassification to assets held for sale (ii) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.919118%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; border-bottom: 1px solid #000000; width: 8.13609%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.97561%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Cost: </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.72781%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.10059%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.1716%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.76923%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.24852%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.50888%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.6509%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.13609%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 17.7515%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Goodwill (a) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.6568%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.72781%; text-align: right; border-bottom-width: 1px;"><span style="border-left: none; border-right: none;">1,525,088</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.10059%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.1716%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.76923%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.24852%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.50888%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.8285%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.6509%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (706,992 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.919118%; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.13609%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 818,096 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.97561%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Software (b) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 4 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.72781%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,395,046 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.10059%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 284,311 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.1716%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.76923%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 372 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.24852%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (19,826 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.50888%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,808 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.6509%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (514,731 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.13609%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,146,980 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 17.7515%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Technology (c) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.6568%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.72781%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 32,617 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.10059%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.1716%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.76923%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.24852%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.50888%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.8285%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.6509%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (32,617 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.919118%; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.13609%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.97561%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Distribution rights </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 12 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.72781%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 133,599 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.10059%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.1716%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.76923%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.24852%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.50888%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.6509%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (19,006 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.13609%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 114,593 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 17.7515%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Brands (d) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.6568%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.72781%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 136,962 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.10059%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.1716%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.76923%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.24852%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.50888%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 4,759 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.8285%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.6509%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (72,523 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.919118%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.13609%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 69,198 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.97561%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Trademark rights (d) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 39 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.72781%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 114,792 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.10059%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.1716%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.76923%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.24852%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.50888%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.6509%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.13609%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 114,792 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 17.7515%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Others (e) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 6.6568%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 10 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 8.72781%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 50,698 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.10059%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,678 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 9.1716%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 5.76923%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.24852%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 6.50888%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (76 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.8285%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 10.6509%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (51,879 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.919118%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 8.13609%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 421 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.97561%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Decarbonization credits (f) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.72781%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.10059%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 176,837 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.1716%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.76923%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.24852%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (176,837 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.50888%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.6509%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.13609%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 17.7515%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.6568%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 8.72781%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,388,802 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 7.10059%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 462,826 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 9.1716%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 5.76923%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 372 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 7.24852%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (196,663 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 6.50888%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 6,491 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.8285%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 10.6509%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,397,748 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.919118%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 8.13609%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,264,080 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.97561%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Accumulated amortization: </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.72781%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.10059%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.1716%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.76923%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.24852%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.50888%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.6509%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.13609%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 17.7515%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Software </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.6568%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.72781%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (825,024 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.10059%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.1716%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (206,025 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.76923%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (203 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.24852%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 19,329 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.50888%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,566 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.8285%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.6509%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 334,087 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.919118%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.13609%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (679,402 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.97561%;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Technology </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.72781%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (32,616 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.10059%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.1716%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.76923%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.24852%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.50888%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.6509%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 32,616 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.13609%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 17.7515%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Distribution rights </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.6568%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.72781%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (113,326 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.10059%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.1716%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (3,093 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.76923%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.24852%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.50888%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.8285%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.6509%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 15,392 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.919118%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.13609%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (101,027 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.97561%;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Trademark rights </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.72781%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (9,056 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.10059%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.1716%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (2,937 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.76923%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.24852%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.50888%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.6509%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.13609%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (11,993 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 17.7515%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.6568%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.72781%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (32,845 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.10059%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.1716%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (167 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.76923%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.24852%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.50888%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (2 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.8285%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.6509%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 32,612 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.919118%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.13609%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (402 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.97561%;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 8.72781%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,012,867 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 7.10059%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 9.1716%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (212,222 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 5.76923%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (203 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 7.24852%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 19,329 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 6.50888%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,568 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 10.6509%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 414,707 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 8.13609%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (792,824 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;">)</td>
</tr>
<tr style="height: 13px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 17.7515%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Provision for losses and impairment: </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 6.6568%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 8.72781%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 7.10059%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 9.1716%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.887574%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 5.76923%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 7.24852%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.887574%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 6.50888%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.8285%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 10.6509%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.919118%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 8.13609%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.97561%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Goodwill (a) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.72781%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (593,280 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.10059%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (68,273 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.1716%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.76923%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.24852%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.50888%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.6509%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 661,553 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.13609%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 17.7515%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Distribution rights </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.6568%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.72781%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.10059%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (76,218 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.1716%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.76923%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.24852%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.50888%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.8285%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.6509%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 76,218 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.919118%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.13609%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.97561%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 8.72781%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (593,280 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 7.10059%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (144,491 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 9.1716%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 5.76923%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 7.24852%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 6.50888%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 10.6509%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 737,771 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 8.13609%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 17.7515%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Net amount </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 6.6568%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 8.72781%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,782,655 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 7.10059%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 318,335 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 9.1716%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (212,222 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.887574%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 5.76923%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 169 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 7.24852%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (177,334 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.887574%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 6.50888%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 4,923 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.8285%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 10.6509%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (245,270 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.919118%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 8.13609%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,471,256 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.97561%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><br/></span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">(i) Refers to amounts transferred from PP&amp;E.</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">(ii) <span style="border-left: none; border-right: none;">For further information, see Note <span style="border-left: none; border-right: none;">3</span>.c.<span style="border-left: none; border-right: none;">1</span>.</span></span></p>

<p style="margin: 2pt 0pt 0pt; text-align: justify;"><br/></p>
<div style="border-left: none; border-right: none;">
<table cellpadding="0" style="height: 431px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 37px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 37px; width: 16.035%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Weighted average useful life (years) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 37px; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2019 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 37px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Additions </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 37px; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Amortization </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 37px; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt; font-family: 'times new roman', times;"><span style="font-weight: bold;"> Transfer (i)</span> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 37px; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Write-offs and disposals </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 37px; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Effect of foreign currency exchange rate variation </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 37px; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2020 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Cost: </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.035%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Goodwill (a) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,525,088 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,525,088 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Software (b) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 4 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,210,529 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 184,027 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 993 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (6,633 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 6,130 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,395,046 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.035%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Technology (c) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 32,617 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 32,617 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Commercial property rights </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 7,934 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (7,934 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.035%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Distribution rights </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 10 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 133,599 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 133,599 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Brands (d) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 122,504 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 14,458 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 136,962 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.035%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Trademark rights (d) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 39 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 114,792 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 114,792 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Others (e) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 10 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 44,900 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,040 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 4,758 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 50,698 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.035%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Decarbonization credits (f) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 125,345 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,058 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (124,287 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 8.30904%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,191,963 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7.72595%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 310,412 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 10.2041%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 6.41399%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (65 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7.28863%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (138,854 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7.4344%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 25,346 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 8.60058%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,388,802 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.035%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Accumulated amortization: </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Software </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (648,861 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (175,144 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,375 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (4,394 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (825,024) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.035%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Technology </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (32,616 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (32,616 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Commercial property rights </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (6,384 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (85 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 6,469 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; text-align: left; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.035%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Distribution rights </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (108,932 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (4,394 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (113,326 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; text-align: left; width: 1.31195%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Trademark rights </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (6,119 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (2,937 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (9,056 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; text-align: left; width: 1.31195%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.035%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (32,713 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (121 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (11 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (32,845 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; text-align: left; width: 1.31195%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 8.30904%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (835,625 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7.72595%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 10.2041%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (182,681 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 6.41399%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7.28863%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 9,844 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7.4344%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (4,405 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 8.60058%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,012,867 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; text-align: left; width: 1.31195%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 16.035%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Provision for losses and impairment: </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; text-align: left; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Goodwill (a) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (593,280 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (593,280 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; text-align: left; width: 1.31195%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.035%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Commercial property rights </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (465 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 465 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; text-align: left; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 8.30904%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (593,745 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7.72595%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 10.2041%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 6.41399%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7.28863%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 465 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7.4344%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 8.60058%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (593,280 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; text-align: left; width: 1.31195%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 16.035%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Net amount </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,762,593 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 310,412 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (182,681 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.45773%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (65 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31195%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (128,545 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31195%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 20,941 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,782,655 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
</tbody>
</table>
</div>

<p style="margin: 2pt 0pt 0pt; text-align: justify;"><br/></p>
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">(i) Refers to amounts transferred to property, plant and equipment and prepaid expenses.</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><br/></p>
<div style="border-left: none; border-right: none;">
<table cellpadding="0" style="height: 469px; border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 70px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 70px; width: 11%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Weighted average useful life (years) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 70px; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2018 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 70px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Adoption IFRS 16 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 70px; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Additions </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 70px; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Amortization </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 70px; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt; font-family: 'times new roman', times;"><span style="font-weight: bold;"> Transfer (i)</span> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 70px; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Write-offs and disposals </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 70px; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Effect of foreign currency exchange rate variation </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 70px; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt; font-family: 'times new roman', times; font-weight: bold;"> Oxiteno Andina (*) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 70px; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2019 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Cost: </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Goodwill (a) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="border-left: none; border-right: none;"> - </span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,525,088 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.25%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.125%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.25%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.25%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.125%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.25%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.125%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.125%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,525,088 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; width: 1.125%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Software (b) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,062,486 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 145,004 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,553 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (784 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,551 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (281 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,210,529 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Technology (c) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 5 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 32,617 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 32,617 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Commercial property rights </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 10 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 64,032 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (56,114 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,820 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,401 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (2,403 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 7,934 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Distribution rights </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 6 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 142,989 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,505 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (10,895 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 133,599 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Brands (d) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="border-left: none; border-right: none;"> - </span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 120,571 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,933 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 122,504 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Trademark rights (d) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 35 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 114,792 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 114,792 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Others (e) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 10 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 43,281 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,668 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (355 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 306 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 44,900 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 7.25%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,105,856 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 6.5%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (56,114 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 6.625%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 151,997 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 8.75%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 5.5%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (10,098 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 6.125%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (3,187 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 6.375%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,790 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 5.5%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (281 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 7.125%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,191,963 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Accumulated amortization: </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Software </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (537,438 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (110,088 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 13 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (611 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (998 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 261 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (648,861 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Technology </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (32,613 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (3 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (32,616 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 21px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 21px; width: 11%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Commercial property rights </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 21px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (23,931 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 16,186 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (848 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (669 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,878 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (6,384 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Distribution rights </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (106,597 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (6,511 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 4,176 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (108,932 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Trademark rights </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (3,182 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (2,937 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (6,119 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (32,740 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (105 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 136 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (4 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (32,713 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 7.25%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (736,501 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.5%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 16,186 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.625%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 8.75%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (120,492 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 5.5%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,656 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.125%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,267 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.375%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,002 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 5.5%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 261 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 7.125%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (835,625 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 20px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 11%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Provision for losses and impairment: </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Goodwill (a) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (593,280 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (593,280 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Commercial property rights </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (465 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (465 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 7.25%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.5%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.625%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (593,745 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 8.75%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 5.5%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.125%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.375%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 5.5%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 7.125%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (593,745 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 11%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Net amount </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,369,355 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (39,928 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (441,748 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (120,492 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (6,442 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (920 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,788 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (20 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,762,593 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">(i) Refers to amounts transferred to PP&amp;E and right-of-use assets.</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">(*) Refers to the asset write-offs of Oxiteno Andina.</span></p>


</div>
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-style: italic; font-weight: bold;">a. </span><span style="font-style: italic; font-weight: bold;">Goodwill</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The balance of the goodwill is tested annually for impairment and is represented by the following acquisitions:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div style="border-left: none; border-right: none;">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 277px;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 60.8696%; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 12.0591%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Segment </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.47929%; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 0.984413%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.06645%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 60.8696%; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Goodwill on the acquisition of: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12.0591%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 0.984413%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 1.06645%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 60.8696%; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Extrafarma </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 12.0591%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Extrafarma </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 661,553 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.984413%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 661,553 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.06645%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 60.8696%; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Extrafarma &#8211; impairment (i) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12.0591%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Extrafarma </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (661,553 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.984413%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (593,280 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.06645%; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 60.8696%; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Extrafarma &#8211; net </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 12.0591%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Extrafarma </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.984413%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 68,273 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.06645%; height: 17px;"><br/></td>
</tr>
<tr style="height: 20px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 60.8696%; height: 20px;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Ipiranga (ii) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12.0591%; height: 20px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Ipiranga </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 20px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 276,724 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 20px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.984413%; height: 20px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 20px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 276,724 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.06645%; height: 20px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 60.8696%; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Uni&#227;o Terminais </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 12.0591%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Ultracargo </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 211,089 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.984413%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 211,089 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.06645%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 60.8696%; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Texaco </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12.0591%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Ipiranga </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 177,759 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.984413%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 177,759 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.06645%; height: 17px;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 60.8696%; height: 18px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Iconic (CBLSA) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 12.0591%; height: 18px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Ipiranga </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 69,807 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.984413%; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 69,807 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.06645%; height: 18px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 60.8696%; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Oxiteno Uruguay (iii) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12.0591%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Oxiteno </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.984413%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 44,856 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.06645%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 60.8696%; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Temmar </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 12.0591%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Ultracargo </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 43,781 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.984413%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 43,781 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.06645%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 60.8696%; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> DNP </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12.0591%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Ipiranga </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 24,736 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.984413%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 24,736 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.06645%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 60.8696%; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Repsol </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 12.0591%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Ultragaz </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 13,403 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.984413%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 13,403 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.06645%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 60.8696%; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> TEAS </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12.0591%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Ultracargo </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 797 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.984413%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 797 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.06645%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 60.8696%; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Others (iii) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 12.0591%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Oxiteno </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.984413%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 583 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.06645%; height: 17px;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 60.8696%; height: 18px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12.0591%; height: 18px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.977%; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 818,096 </span></p>
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<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.984413%; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.977%; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 931,808 </span></p>
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<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.06645%; height: 18px;"><br/></td>
</tr>
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<p style="margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 9pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">(i) For further information, see Note <span style="border-left: none; border-right: none;">3</span>.a.</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">(ii) <span style="border-right: none; border-left: none;">Including R$ </span><span style="border-right: none; border-left: none;">246,163</span><span style="border-right: none; border-left: none;"> presented as goodwill at parent Company Ultrapar.</span></span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">(iii) For further information about reclassification, see Note <span style="border-left: none; border-right: none;">3</span>.c.<span style="border-left: none; border-right: none;">1</span>.</span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">On December 31, 2021, the Company tested the balances of goodwill shown in the table above for impairment. The determination of value in use involves assumptions, judgments, and estimates of cash flows, such as growth rates of revenues, costs and expenses, estimates of investments and working capital, and discount rates. The assumptions about growth projections and future cash flows are based on the Company&#8217;s business plan of its operating segments, as well as comparable market data, and represent management&#8217;s best estimate of the economic conditions that will exist over the economic life of the various CGUs, to which goodwill is related. The key-assumptions used by the Company to calculate the value in use are described below:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="text-decoration: underline;">Period of evaluation</span>: the evaluation of the value in use is calculated for a period of <span style="border-right: none; border-left: none;"><span style="border-left: none; border-right: none;">five years</span></span>, after which the Company calculated the perpetuity, considering the possibility of carrying the business on indefinitely.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="text-decoration: underline;">Discount and real growth rates</span>: on December 31, 2021, the discount and real growth rates used to extrapolate the projections ranged from 9.4% to 10.5% and from 0% to 1% p.a., respectively, depending on the CGU analyzed.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="text-decoration: underline;">Revenue from sales and services, costs and expenses, and gross margin</span> considers the budget prepared for 2022 and the long-term strategic plan prepared by management and approved by the Board of Directors.</span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-style: italic; font-weight: bold;">b. </span><span style="font-style: italic; font-weight: bold;">Software</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Includes user licenses and costs for the implementation of the various systems used by the Company and its subsidiaries: integrated management and control, financial management, foreign trade, industrial automation, operational and storage management, accounting information, and other systems. Also include expenses related to software in progress in the amount of R$ 27,672 on December 31, 2021 (R$ 13,684 on December 31, 2020 and R$ 16,657 on December 31, 2019).</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-style: italic; font-weight: bold;">c. </span><span style="font-style: italic; font-weight: bold;">Technology</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The subsidiaries Oxiteno S.A. and Oleoqu&#237;mica recognize as technology certain rights of use held by them. Such licenses include the production of ethylene oxide, ethylene glycols, ethanolamines, glycol ethers, ethoxylates, solvents, fatty acids from vegetable oils, fatty alcohols, and specialty chemicals, which are products that are supplied to various industries. The balance was reclassified to assets of subsidiaries held for sale. For further details, see Note 3.b.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-style: italic; font-weight: bold;">d. </span><span style="font-style: italic; font-weight: bold;">Brands and </span><span style="font-style: italic; font-weight: bold;">t</span><span style="font-style: italic; font-weight: bold;">rademark rights</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Brands are represented by the acquisition cost of the &#8216;am/pm&#8217; brand in Brazil, acquired in the business combination, and Chevron and Texaco trademark rights.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-style: italic; font-weight: bold;">e. </span><span style="font-style: italic; font-weight: bold;">Other intangible</span><span style="font-style: italic; font-weight: bold;">s</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Refers mainly to the loyalty program &#8220;Clube Extrafarma&#8221; reclassified to assets of subsidiaries held for sale. For further details, see Note 3.a.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">f. Decarbonization credits</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Represent the CBIOS acquired and recorded at acquisition cost. The amount in the &#8220;write-offs&#8221; column refers to CBIOS retired in the year, that had its maturity date and can not be the object of future negotiation.</span></p>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147279002152">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Loans, financing, debentures and hedge derivative financial instruments<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
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<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsAbstract', window );"><strong>Disclosure of detailed information about borrowings [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfBorrowingsExplanatory', window );">Loans, financing, debentures and hedge derivative financial instruments</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;"><span style="border-left: none; border-right: none;">17</span></span><span style="font-weight: bold;">.</span><span style="font-weight: bold;">&#160;</span><span style="font-weight: bold;">Loans</span><span style="font-weight: bold;">,</span><span style="font-weight: bold;"> </span><span style="font-weight: bold;">f</span><span style="font-weight: bold;">inancing,</span><span style="font-weight: bold;"> </span><span style="font-weight: bold;">d</span><span style="font-weight: bold;">ebentures</span><span style="font-weight: bold;"> and </span><span style="font-weight: bold;">h</span><span style="font-weight: bold;">edge </span><span style="font-weight: bold;">d</span><span style="font-weight: bold;">erivative </span><span style="font-weight: bold;">f</span><span style="font-weight: bold;">inancial </span><span style="font-weight: bold;">i</span><span style="font-weight: bold;">nstruments</span></span></p>
<p style="margin: 0pt; text-align: justify; font-family: 'times new roman', times; font-size: 5pt;"><span style="font-family: 'times new roman', times; font-size: 5pt;">&#160;</span></p>

<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">a. Composition</span></p>
<p style="margin: 0pt; text-align: justify; font-family: 'times new roman', times; font-size: 5pt;"><span style="font-family: 'times new roman', times; font-size: 5pt;">&#160;</span></p>
<div id="t_ft_4QF04Z3ISG00000000000000000000b">
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 35.6275%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Description </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.01215%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Index/ Currency </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Weighted average financial charges 12/31/2021 &#8211; % p.a. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Maturity </span></p>
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<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Foreign currency: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Notes in the foreign market (b) (*) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 7,821,441 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 7,267,687 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> US$ </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 5.3 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2026 to 2029 </span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Foreign loan (c<span style="border-left: none; border-right: none;">.1</span>) (*) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 735,438 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,047,644 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> US$ </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 4.0 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2023 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Foreign loan (c<span style="border-left: none; border-right: none;">.1</span>) (*) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 275,936 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 261,284 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="border-left: none; border-right: none;">US$ + LIBOR</span> <sup><sup><span style="vertical-align: super;">(<span style="border-left: none; border-right: none;">1</span>)</span></sup></sup></span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1.0 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2022 </span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Financial institutions (d) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 154,783 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> US$ </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2022 </span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Financial institutions (d) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 39,350 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 10pt; font-family: 'times new roman', times;">MX$<sup><sup><span style="vertical-align: super;">(<span style="border-left: none; border-right: none;">2</span>)</span></sup></sup></span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2021 </span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Financial institutions (d) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 312,200 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 10pt; font-family: 'times new roman', times;">US$ + LIBOR <sup><sup><span style="vertical-align: super;">(<span style="border-left: none; border-right: none;">1</span>)</span></sup></sup></span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2021 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Advances on foreign exchange contracts </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 105,579 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> US$ </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2021 </span></p>
</td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total foreign currency </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 8,832,815 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 9,188,527 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 18px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 35.6275%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Brazilian Reais: </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Debentures &#8211; CRA (f<span style="border-left: none; border-right: none;">.2</span>, f<span style="border-left: none; border-right: none;">.4</span> and f<span style="border-left: none; border-right: none;">.6</span>) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,063,788 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,037,602 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> DI </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 95.8 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2022 to 2023 </span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Debentures &#8211; 6&#170; issuance (f<span style="border-left: none; border-right: none;">.5</span>) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,764,199 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,734,113 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> DI </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 105.3 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2023 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Debentures &#8211; CRA (f<span style="border-left: none; border-right: none;">.2</span>, f<span style="border-left: none; border-right: none;">.4</span>, f<span style="border-left: none; border-right: none;">.6</span> and f<span style="border-left: none; border-right: none;">.10</span>) (*)&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,940,237 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,000,824 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> IPCA </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 4.7 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2024 to 2028 </span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Debentures &#8211; Ipiranga (f<span style="border-left: none; border-right: none;">.1</span> and f<span style="border-left: none; border-right: none;">.3</span>) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 771,538 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,679,036 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> DI </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 105.0 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2022 </span></p>
</td>
</tr>
<tr style="height: 16px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 16px; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Debentures &#8211; Ultracargo Log&#237;stica and Tequimar Vila do Conde (f<span style="border-left: none; border-right: none;">.8</span> and f<span style="border-left: none; border-right: none;">.9</span>) (*) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 16px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 466,061 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 16px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 16px; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 16px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 16px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 16px; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 16px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> IPCA </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 16px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 4.1 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 16px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2028 </span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Banco do Brasil (e) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 204,813 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 407,420 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> DI </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 110.9 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2022 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Debentures &#8211; Ultracargo Log&#237;stica (f<span style="border-left: none; border-right: none;">.7</span>) (*) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 80,946 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 92,541 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 6.5 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2024 </span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Bank Credit Bill </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 51,179 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 50,692 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ + DI </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2.0 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2022 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Financial institutions (d) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 4,564 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2022 </span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> FINEP </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 326 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 29,803 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <span style="border-right: none; border-left: none;">TJLP<span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;(</span><span style="border-left: none; border-right: none;">3</span><span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></span></span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1.5) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2022 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Notes - Ultrapar (g<span style="border-left: none; border-right: none;">.1</span>) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,038,499 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ + DI </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2021 </span></p>
</td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total in Brazilian Reais </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 7,347,651 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 8,070,530 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 18px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total foreign currency and Brazilian Reais </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 16,180,466 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 17,259,057 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 18px; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Currency and interest rate hedging instruments (**) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <span style="border-right: none; border-left: none;">197,177</span> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 117,159 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 16,377,643 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 17,376,216 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 18px; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,866,051 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,255,944 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Non-current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 13,511,592 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 14,120,272 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.31579%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">(*) <span style="border-right: none; border-left: none;">These transactions were designated for hedge accounting (see Note <span style="border-left: none; border-right: none;">33</span>.h).</span></span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">(**) <span style="border-right: none; border-left: none;">Accumulated losses (see Note <span style="border-left: none; border-right: none;">33</span>.i).</span></span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;"><sup>(1)</sup>&#160;&#160;</span><span style="border-right: none; border-left: none;"><span style="border-right: none; border-left: none;"><span style="border-left: none; border-right: none;">LIBOR</span> = London Interbank Offered Rate.</span></span></span></p>
<p style="margin: 0pt 0pt 0pt 14.2pt; text-align: justify; text-indent: -14.2pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;"><sup><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(2)</span></sup> &#160;</span><span style="border-right: none; border-left: none;"><span style="border-right: none; border-left: none;">MX$ = Mexican Peso.</span></span></span></p>
<p style="margin: 0pt 0pt 0pt 14.2pt; text-align: justify; text-indent: -14.2pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;"><sup><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(3)</span></sup> &#160;</span><span style="border-right: none; border-left: none;"><span style="border-right: none; border-left: none;"><span style="border-right: none; border-left: none;">TJLP (Long-term Interest Rate) = set by the National Monetary Council, TJLP is the basic financing cost of Banco Nacional de Desenvolvimento Econ&#244;mico e Social (&#8220;BNDES&#8221;), the Brazilian Development Bank. On December 31, 2021, TJLP was fixed at </span></span><span style="border-left: none; border-right: none;"><span style="border-right: none; border-left: none;">5.32</span></span><span style="border-right: none; border-left: none;"><span style="border-right: none; border-left: none;">&#160; % p.a.</span></span></span></span></p>

<p style="margin: 0pt 0pt 0pt 14.2pt; text-align: justify; text-indent: -14.2pt;"><br/></p>
<div>

</div>
<p style="margin: 0pt; text-align: justify;"><br/></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The changes in loans, financing, debentures and hedge derivative financial instruments are shown below:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_87SDZ3NEAO00000000000000000000b">
<table cellpadding="0" style="height: 425px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 75%; margin-left: auto; margin-right: auto;" width="75%">
<tbody>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Balance as of December 31, 2018 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 15,116,139 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> New loans and debentures with cash effect </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,105,737 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest accrued </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 845,844 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Principal payment </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (2,644,704 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest payment </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,469,780 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Monetary and exchange rate variation </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 296,441 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Change in fair value </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 113,060 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Balance as of December 31, 2019 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 14,392,722 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> New loans and debentures with cash effect </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,591,624 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest accrued </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 757,161 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Principal payment </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (2,795,002 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest payment </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (740,853 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Monetary and exchange rate variation </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,048,688 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Change in fair value </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 34,702 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Hedge result </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 87,174 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Balance as of December 31, 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 17,376,216 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> New loans and debentures with cash effect </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,462,220 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest accrued </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 801,102 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Principal payment </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (2,922,214 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest payment </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (749,043 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Monetary and exchange rate variation </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 800,749 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Change in fair value </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (229,657 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Hedge result </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 80,018 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Reclassification to liabilities held for sale (i) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (241,748 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Balance as of December 31, 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 16,377,643 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">(i) <span style="border-right: none; border-left: none;">For further information, see Note <span style="border-left: none; border-right: none;">3</span>.c.<span style="border-left: none; border-right: none;">1</span>.</span></span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The long-term&#160; debt had the following principal maturity schedule:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_5496HQ9ZZK00000000000000000000b">
<table cellpadding="0" style="height: 120px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 85%; margin-left: auto; margin-right: auto;" width="85%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.8963%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 12.0352%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 12.0352%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 0.978474%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.8963%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> From 1 to 2 years </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0352%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,092,734 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0352%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,702,626 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.8963%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> From 2 to 3 years </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0352%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 774,904 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0352%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,091,641 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.8963%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> From 3 to 4 years </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0352%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 270,401 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.978474%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.978474%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0352%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 784,778 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.978474%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.8963%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> From 4 to 5 years </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0352%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,056,499 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0352%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 231,271 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.8963%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> More than 5 years </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0352%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 6,317,054 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.978474%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.978474%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0352%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 7,309,956 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.978474%;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 72.8963%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 12.0352%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 13,511,592 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.978474%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.978474%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 12.0352%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 14,120,272 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 0.978474%;"><br/></td>
</tr>
</tbody>
</table>
</div>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The transaction costs and issuance premiums associated with debt issuance were added to their financial liabilities, as shown in Note 17.h.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The Company&#8217;s management entered into hedging instruments against foreign exchange and interest rate variations for a portion of its debt obligations (see Note 33.h).&#160;</span></p>
<div>
<div id="t_ft_S6QW8K5F8W00000000000000000000b">

</div>
</div>
<p style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 9pt; margin: 0px;"><br/></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">b.</span><span style="font-style: italic; font-weight: bold;">&#160;</span><span style="font-style: italic; font-weight: bold;">&#160;</span><span style="font-style: italic; font-weight: bold;">Notes in the foreign market</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">On October 6, 2016 the subsidiary Ultrapar International S.A. (&#8220;Ultrapar International&#8221;) issued US$ 750,000 (equivalent to R$ 4,185,375 as of December 31, 2021) in notes in the foreign market, maturing in October 2026, with interest rate of 5.25% p.a., paid semiannually. The issue price was 98.097% of the face value of the note. The notes were guaranteed by the Company and its subsidiary IPP. The Company has designated hedge relationships for this transaction (see Notes 33.h.2 and 33.h.3).</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">On June 6, 2019 the subsidiary Ultrapar International issued US$ 500,000 (equivalent to R$ 2,790,250 as of December 31, 2021) in notes in the foreign market, maturing in June 2029, with interest rate of 5.25% p. a., paid semiannually. The issue price was 100% of the face value of the note. The notes were guaranteed by the Company and its subsidiary IPP. The Company has designated hedge relationships for part of this transaction (see Note 33.h.3).</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">On June 21, 2019, the subsidiary Ultrapar International repurchased US$ 200,000 (equivalent to R$ 1,116,100 as of December 31, 2021) in notes in the foreign market maturing in October 2026.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">On July 13, 2020 the subsidiary Ultrapar International carried out the reopening of notes in the foreign market issued in 2019, realizing new issuance in the amount of US$ 350,000 (equivalent to R$ 1,953,175 as of December 31, 2021) maturing in June 2029, to the coupon (interest) and yield of 5.25% per year, paid semiannually. The issue price was 99.994% of face value of the note. The notes were guaranteed by the Company and the subsidiary IPP.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">As a result of the issuance of the notes in the foreign market the Company and its subsidiaries are required to perform certain obligations, including:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Restriction on sale of all or substantially all assets of the Company and subsidiaries Ultrapar International and IPP;</span></li>
</ul>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Restriction on encumbrance of assets exceeding US$ 150,000 (equivalent to R$ 837,075 as of December 31, 2021) or 15% of the amount of the consolidated tangible assets.</span></li>
</ul>
<p style="margin: 0pt; text-align: justify;"><span style="background-color: #ffffff; font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The Company and its subsidiaries are in compliance with the levels of covenants required by this debt. The restrictions imposed on the Company and its subsidiaries are customary in transactions of this nature and have not limited their ability to conduct their business to date.</span></p>
<div>
<div id="t_ft_1Q4AT3OZKW00000000000000000000b">

</div>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><br/></p>
</div>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">c. Foreign </span><span style="font-style: italic; font-weight: bold;">l</span><span style="font-style: italic; font-weight: bold;">oans</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">c.1</span><span style="font-weight: bold;">.</span><span style="font-weight: bold;"> </span>The subsidiary IPP has foreign loans in the amount of US$ 175,000 (equivalent to R$ 976,588 as of December 31, 2021). IPP also contracted hedging instruments with floating interest rate in U.S. dollar and exchange rate variation, changing the foreign loans charges, on average, to 104.9% of DI. IPP designated these hedging instruments as a fair value hedge (see Note 33.h.1). Therefore, loans and hedging instruments are both measured at fair value from inception, with changes in fair value recognized through profit or loss. The foreign loans are secured by the Company.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The foreign loans have the maturity distributed as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_OMKLZX40SG00000000000000000000b">
<table cellpadding="0" style="height: 95px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 58.8454%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Maturity </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9181%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> US$ </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11732%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.931099%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.1043%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> R$ </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.931099%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.931099%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.1043%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Cost in % of DI </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.8622%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 58.8454%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Charges <span style="font-size: 8pt;"><sup>(1)</sup></span></span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff; width: 11.9181%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 6,234 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff; width: 1.11732%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff; width: 0.931099%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff; width: 12.1043%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 34,786 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff; width: 0.931099%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff; width: 0.931099%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff; width: 12.1043%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff; width: 1.8622%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 58.8454%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Jun/2022 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 11.9181%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 50,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11732%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.931099%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 12.1043%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 279,025 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.931099%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.931099%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 12.1043%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 105.0 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.8622%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 58.8454%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Sep/2023 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 11.9181%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 60,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.11732%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 0.931099%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 12.1043%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 334,830 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 0.931099%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 0.931099%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 12.1043%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 105.0 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.8622%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 58.8454%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Sep/2023 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 11.9181%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 65,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11732%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.931099%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 12.1043%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 362,733 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.931099%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.931099%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 12.1043%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 104.8 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.8622%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 58.8454%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total / average cost </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 11.9181%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 181,234 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.11732%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 0.931099%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 12.1043%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,011,374 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 0.931099%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 0.931099%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 12.1043%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 104.9 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 1.8622%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><sup><sup><span style="font-family: 'Times New Roman'; font-size: 6pt; vertical-align: super;"> </span></sup></sup><span style="font-size: 10pt; font-family: 'times new roman', times;"><sup><sup><span style="vertical-align: super;">(1)</span></sup></sup> <span style="border-right: none; border-left: none;">Includes interest, transaction costs and fair value adjustments.</span></span></p>

<div style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff;">
<p style="margin: 0pt; text-align: justify;"><br/></p>
</div>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-style: italic; font-weight: bold;">d. Financial </span><span style="font-style: italic; font-weight: bold;">i</span><span style="font-style: italic; font-weight: bold;">nstitutions</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">In December 2021, the subsidiary Abastece A&#237; ended the year with a short-term liabilities in the amount of R$ 4,564.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The subsidiary Oxiteno M&#233;xico S.A de C.V has contracted loan of US$ 20,000 with maturity in April 2022. The other maturities of this item are represented by Oxiteno Uruguay with maturities between October 2021 and July 2022 and by Oxiteno USA, which has already been fully settled on its maturity in September 2021. As of December 31, 2021 the balances of R$ 163,478 were reclassified to liabilities held for sale.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-style: italic; font-weight: bold;">e. </span><span style="font-style: italic; font-weight: bold;">Banco do Brasil</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The subsidiary IPP has floating interest rate loans with Banco do Brasil in the amount of R$ 204,813 as of December 31, 2021, of which R$ 1,646 in charges, intended for marketing, processing, or manufacturing of agricultural goods (ethanol) with maturity in May 2022.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div>
<div id="t_ft_YUG7UATWBK00000000000000000000b">

</div>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff;">
<p style="margin: 0pt; text-align: justify;"><br/></p>
</div>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-style: italic; font-weight: bold;">f. </span><span style="font-style: italic; font-weight: bold;">Debentures</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-weight: bold;">f</span><span style="font-weight: bold;">.</span><span style="font-weight: bold;">1</span> In May 2016 the subsidiary IPP carried out fourth issuance of public debentures, in one single series of 500 simple, nominative, registered debentures, nonconvertible into shares and unsecured, which main characteristics are as follows:&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_R7PIJ1M4Z400000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 102px;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Face value unit: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ 1,000,000.00 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Final maturity: </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> May 25, 2021 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of the face value: </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Annual as from May 2019 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest: </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 105.0% of DI </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest: </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Semiannually </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Reprice: </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Not applicable </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Subsidiary IPP paid in advance its fourth public issuance of debentures upon maturity.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-weight: bold;">f</span><span style="font-weight: bold;">.</span><span style="font-weight: bold;">2</span> In April 2017 the subsidiary IPP carried out its fifth issuance of debentures, in two series, being one of 660,139 and another of 352,361, simple, nonconvertible into shares, nominative, book-entry and unsecured debentures. The debentures have been subscribed by Eco Consult &#8211; Consultoria de Opera&#231;&#245;es Financeiras Agropecu&#225;rias Ltda. The proceeds from this issuance were used exclusively for the purchase of ethanol by subsidiary IPP.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The debentures were later assigned and transferred to Eco Securitizadora de Direitos Credit&#243;rios do Agroneg&#243;cio S.A. that acquired these agribusiness credit rights with the purpose to bind the issuance of Certificates of Agribusiness Receivables (CRA). The debentures have an additional guarantee from Ultrapar and the main characteristics of the debentures are as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_6AFNJAXQ7400000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 119px;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Amount: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 660,139 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Face value unit: </span></p>
</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ 1,000.00 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Final maturity: </span></p>
</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> April 18, 2022 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of the face value: </span></p>
</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Lump sum at final maturity </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest: </span></p>
</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> 95.0% of DI </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest: </span></p>
</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Semiannually </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Reprice: </span></p>
</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Not applicable </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="font-size: 11pt; line-height: 115%; margin: 2pt 0pt 10pt; text-align: justify;"><span style="font-family: Times; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_MOWS3Y145C00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 119px;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Amount: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 352,361 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Face value unit: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ 1,000.00 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Final maturity: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> April 15, 2024 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of the face value: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Lump sum at final maturity </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> IPCA + 4.68% </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Annually </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Reprice: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Not applicable </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The subsidiary IPP contracted hedging instruments subjected to IPCA variation, changing the debentures charges linked to&#160;IPCA to 93.9 % of DI. IPP designated these hedging instruments as fair value hedges; therefore, debentures and hedging instruments are both measured at fair value from inception, with changes in fair value recognized through profit or loss.</span></p>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<div>
<div id="t_ft_ITNOTPRVB400000000000000000000b">

</div>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff;">
<p style="margin: 0pt; text-align: justify;"><br/></p>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-weight: bold;">f</span><span style="font-weight: bold;">.</span><span style="font-weight: bold;">3</span> In July 2017 the subsidiary IPP carried out sixth issuance of public debentures, in one single series of 1,500,000 simple, nonconvertible into shares and unsecured debentures, which main characteristics are as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_XRQ5BEJ3SW00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 102px;" width="80%">
<tbody>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Face value unit: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ 1,000.00 </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Final maturity: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> July 28, 2022 </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of the face value: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Annual as from July 2021 </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 105.0% of DI </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Annually </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Reprice: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Not applicable </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-weight: bold;">f</span><span style="font-weight: bold;">.</span><span style="font-weight: bold;">4</span> In October 2017 the subsidiary IPP carried out its seventh issuance of debentures in the amount of R$ 944,077, in two series, being on of 730,384 and another of 213,693, simple, nonconvertible into shares, nominative, book-entry and unsecured debentures. The debentures have been subscribed by Vert Companhia Securitizadora. The proceeds from this issuance were used exclusively for the purchase of ethanol by subsidiary IPP.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The debentures were later assigned and transferred to Vert Cr&#233;ditos Ltda., that acquired these agribusiness credit rights with the purpose to bind the issuance of Certificates of Agribusiness Receivables (CRA). The financial settlement occurred on November 1, 2017. The debentures have an additional guarantee from Ultrapar and the main characteristics of the debentures are as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<div id="t_ft_X0I67TMIPS00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 119px;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Amount: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 730,384 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Face value unit: </span></p>
</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ 1,000.00 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Final maturity: </span></p>
</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> October 24, 2022 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of the face value: </span></p>
</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Lump sum at final maturity </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest: </span></p>
</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> 95.0% of DI </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest: </span></p>
</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Semiannually </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Reprice: </span></p>
</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Not applicable </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_NBDFWDCASW00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 119px;" width="80%">
<tbody>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Amount: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 213,693 </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Face value unit: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ 1,000.00 </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Final maturity: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> October 24, 2024 </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of the face value: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Lump sum at final maturity </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> IPCA + 4.34% </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Annually </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Reprice: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Not applicable </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The subsidiary IPP contracted hedging instruments subjected to IPCA variation, changing the debentures charges linked to&#160;IPCA to 97.3% of DI. IPP designated these hedging instruments as fair value hedges; therefore, debentures and hedging instruments are both measured at fair value from inception, with changes in fair value recognized through profit or loss.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div>
<div id="t_ft_GV5TB96DCW00000000000000000000b">

</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-weight: bold;">f</span><span style="font-weight: bold;">.</span><span style="font-weight: bold;">5</span> In March 2018 the Company carried out sixth issuance of public debentures, in a single series of 1,725,000 simple, nonconvertible into shares and unsecured debentures, which main characteristics are as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<div id="t_ft_35SBTJTQN400000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 102px;" width="80%">
<tbody>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Face value unit: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ 1,000.00 </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Final maturity: </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> March 5, 2023 </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of the face value: </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Lump sum at final maturity </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest: </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> 105.25% of DI </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest: </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Semiannually </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Reprice: </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Not applicable </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-weight: bold;">f</span><span style="font-weight: bold;">.<span style="border-left: none; border-right: none;">6</span></span> In December 2018 the subsidiary IPP carried out its eighth issuance of debentures in the amount of R$900,000, in two series, being one of <span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">R$</span>660,000 and another of <span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">R$</span>240,000, simple, nonconvertible into shares, nominative, book-entry and unsecured debentures. The debentures have been subscribed by Vert Companhia Securitizadora. The proceeds from this issuance were used exclusively for the purchase of ethanol by subsidiary IPP. The debentures were subscribed with the purpose to bind the issuance of CRA. The financial settlement occurred on December 21, 2018. The debentures have an additional guarantee from Ultrapar and the main characteristics of the debentures are as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_LKWEEMI0GW00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 119px;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Amount: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 660,000 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Face value unit: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ 1,000.00 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Final maturity: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> December 18, 2023 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of the face value: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Lump sum at final maturity </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 97.5% of DI </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Semiannually </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Reprice: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Not applicable </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_200I8QLY6800000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%;" width="80%">
<tbody>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Amount: </span></p>
</td>
<td style="vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 240,000 </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Face value unit: </span></p>
</td>
<td style="vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ 1,000.00 </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Final maturity: </span></p>
</td>
<td style="vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> December 15, 2025 </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of the face value: </span></p>
</td>
<td style="vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Lump sum at final maturity </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest: </span></p>
</td>
<td style="vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> IPCA + 4.61% </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest: </span></p>
</td>
<td style="vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Annually </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Reprice: </span></p>
</td>
<td style="vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Not applicable </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The subsidiary IPP contracted hedging instruments subjected to IPCA variation, changing the debentures charges linked to&#160;<span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">IPCA to 97.1% of DI</span></span></span></span></span></span>. IPP designated these hedging instruments as fair value hedges; therefore, debentures and hedging instruments are both measured at fair value from inception, with changes in fair value recognized through profit or loss.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div>
<div id="t_ft_PUY33AH2UO00000000000000000000b">

</div>
</div>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-weight: bold;">f</span><span style="font-weight: bold;">.7</span> In November 2019 the subsidiary Ultracargo Log&#237;stica made its first issuance of debentures, in a single series of 90,000 simple, nonconvertible into shares and unsecured debentures, which main characteristics are as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_DCKDMAYAIO00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 102px;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 49.0741%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Face value unit: </span></p>
</td>
<td style="vertical-align: top; width: 50.7937%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ 1,000.00 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 49.0741%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Final maturity: </span></p>
</td>
<td style="vertical-align: top; width: 50.7937%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> November 19, 2024 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 49.0741%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of the face value: </span></p>
</td>
<td style="vertical-align: top; width: 50.7937%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Lump sum at final maturity </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 49.0741%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest: </span></p>
</td>
<td style="vertical-align: top; width: 50.7937%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 6.47% </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 49.0741%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest: </span></p>
</td>
<td style="vertical-align: top; width: 50.7937%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Semiannually </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 49.0741%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Reprice: </span></p>
</td>
<td style="vertical-align: top; width: 50.7937%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Not applicable </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The subsidiary </span><span style="font-family: 'Times New Roman';">Ultracargo</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Log&#237;stica</span><span style="font-family: 'Times New Roman';"> contracted hedging instruments subjected interest rate variation, changing the debentures fixed for 99.94% of the DI. </span><span style="font-family: 'Times New Roman';">Ultracargo</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Log&#237;stica</span><span style="font-family: 'Times New Roman';"> designated these hedging instruments as fair value hedges therefore debentures and hedging instruments are both measured at fair value from inception, with changes in fair value recognized </span><span style="font-family: 'Times New Roman';">in</span><span style="font-family: 'Times New Roman';"> profit or loss.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 2pt 5.65pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">f.8</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">In </span><span style="font-family: 'Times New Roman';">March</span><span style="font-family: 'Times New Roman';"> 20</span><span style="font-family: 'Times New Roman';">21</span><span style="font-family: 'Times New Roman';"> the subsidiary Tequimar</span><span style="font-family: 'Times New Roman';"> Vila do Conde </span><span style="font-family: 'Times New Roman';">made its first issuance of debentures, in a single series of </span><span style="font-family: 'Times New Roman';">360,000</span><span style="font-family: 'Times New Roman';">&#160;simple, nonconvertible into shares and unsecured debentures, which main characteristics are as follows:</span></span></p>
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-family: 'Times New Roman'; font-size: 11pt; font-weight: bold;">&#160;</span></p>
<div id="t_ft_DC0I0L73Z400000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 102px;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 49.8757%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Face value unit: </span></p>
</td>
<td style="vertical-align: top; width: 49.9586%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ 1,000.00 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 49.8757%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Final maturity: </span></p>
</td>
<td style="vertical-align: top; width: 49.9586%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> March 15, 2028 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 49.8757%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of the face value: </span></p>
</td>
<td style="vertical-align: top; width: 49.9586%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Lump sum at final maturity </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 49.8757%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest: </span></p>
</td>
<td style="vertical-align: top; width: 49.9586%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> IPCA + 4.04% </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 49.8757%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest: </span></p>
</td>
<td style="vertical-align: top; width: 49.9586%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Semiannually </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 49.8757%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Reprice: </span></p>
</td>
<td style="vertical-align: top; width: 49.9586%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Not applicable </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-family: 'Times New Roman'; font-size: 11pt; font-weight: bold;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The subsidiary Tequimar Vila do Conde contracted hedging instruments subjected interest rate variation changing the debentures fixed for 111.4% of the DI. Tequimar Vila do Conde designated these hedging instruments as fair value hedges therefore debentures and hedging instruments are both measured at fair value from inception with changes in fair value recognized in profit or loss.</span></p>
<div style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff;">
<p style="margin: 0pt; text-align: justify;"><br/></p>
</div>
<p style="margin: 0pt 5.65pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-weight: bold;">f.</span><span style="font-weight: bold;">9</span> In March 2021 the subsidiary Ultracargo Log&#237;stica made its second issuance of debentures, in a single series of 100,000 simple, nonconvertible into shares and unsecured debentures, which main characteristics are as follows:</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_VKM7NDCN4000000000000000000000b">
<table cellpadding="0" style="height: 114px; border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%;" width="80%">
<tbody>
<tr style="height: 19px;">
<td style="vertical-align: top; height: 19px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Face value unit: </span></p>
</td>
<td style="vertical-align: top; height: 19px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ 1,000.00 </span></p>
</td>
</tr>
<tr style="height: 19px;">
<td style="vertical-align: top; height: 19px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Final maturity: </span></p>
</td>
<td style="vertical-align: top; height: 19px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> March 15, 2028 </span></p>
</td>
</tr>
<tr style="height: 19px;">
<td style="vertical-align: top; height: 19px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of the face value: </span></p>
</td>
<td style="vertical-align: top; height: 19px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Lump sum at final maturity </span></p>
</td>
</tr>
<tr style="height: 19px;">
<td style="vertical-align: top; height: 19px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest: </span></p>
</td>
<td style="vertical-align: top; height: 19px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> IPCA + 4.37% </span></p>
</td>
</tr>
<tr style="height: 19px;">
<td style="vertical-align: top; height: 19px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest: </span></p>
</td>
<td style="vertical-align: top; height: 19px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Semiannually </span></p>
</td>
</tr>
<tr style="height: 19px;">
<td style="vertical-align: top; height: 19px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Reprice: </span></p>
</td>
<td style="vertical-align: top; height: 19px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Not applicable </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-family: 'Times New Roman'; font-size: 11pt; font-weight: bold;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The subsidiary Ultracargo Log&#237;stica contracted hedging instruments subjected interest rate variation changing the debentures fixed for 111.4% of the DI. Ultracargo Log&#237;stica designated these hedging instruments as fair value hedges therefore debentures and hedging instruments are both measured at fair value from inception with changes in fair value recognized in profit or loss.</span></p>
<div>
<div id="t_ft_0R2GFHVWPC00000000000000000000b">

</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-weight: bold;">f.10</span> In September 2021, subsidiary IPP carried out its tenth issue of debentures in the total amount of R$ 960,000, in a single series of 960,000 simple, nonconvertible, registered, book-entry and unsecured debentures, privately placed by Vert Companhia Securitizadora. The funds were used exclusively for the purchase of ethanol by the subsidiary IPP. The debentures were subscribed for the purpose to bind the issuance of CRA. The financial settlement ocurred on September 16, 2021. The debentures have an additional guarantee from Ultrapar and the main characteristics are as follows:</span></p>
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_WUSFFJIDJ400000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 133px;" width="80%">
<tbody>
<tr style="height: 19px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; width: 50%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Amount: </span></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; width: 50%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> 960,000 </span></p>
</td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 19px;">
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Face value unit: </span></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 19px;">
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ 1,000.00 </span></p>
</td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 19px;">
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Final maturity: </span></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 19px;">
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> September 15, 2028 </span></p>
</td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 19px;">
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of the face value: </span></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 19px;">
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Lump sum at final maturity </span></p>
</td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 19px;">
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest: </span></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 19px;">
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> IPCA + 4.83% </span></p>
</td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 19px;">
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest: </span></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 19px;">
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Semiannually </span></p>
</td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 19px;">
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Reprice: </span></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 19px;">
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Not applicable </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The subsidiary IPP contracted hedging instruments subjected to IPCA variation, changing the debentures charges linked to the&#160;IPCA to 102.75% of the DI. IPP designated these hedging instruments as fair value hedges; therefore, debentures and hedging instruments are both measured at fair value from inception, with changes in fair value recognized through profit or loss.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>


<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; margin-left: 65px; font-family: 'times new roman', times;">The debentures have maturity dates distributed as shown below (includes accrued interest through December 31, 2021):</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_PGYND8HS8000000000000000000000b">
<table cellpadding="0" style="height: 235px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Maturity </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 14px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 14px; background-color: #cceeff; width: 82%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Charges <span style="font-size: 8pt;"><sup>(1)</sup></span></span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 14px; background-color: #cceeff; width: 5%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 14px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (22,759 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 14px; background-color: #cceeff; width: 1%;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Apr/2022 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 660,139 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Jul/2022 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 750,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Oct/2022 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 730,384 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Mar/2023 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,725,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Dec/2023 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 660,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Apr/2024 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 443,944 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Oct/2024 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 267,316 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Nov/2024 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 90,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Dec/2025 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 287,294 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Mar/2028 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 498,474 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Sep/<span style="border-left: none; border-right: none;">2028</span> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 996,977 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 7,086,769 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><sup><sup><span style="font-family: 'Times New Roman'; font-size: 6pt; vertical-align: super;"> </span></sup></sup><span style="font-size: 10pt; font-family: 'times new roman', times;"><sup><sup><span style="vertical-align: super;">(1)</span></sup></sup> <span style="border-right: none; border-left: none;">Includes interest, transaction cost and fair value adjustments.</span></span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div>
<div id="t_ft_3QWYREN3CG00000000000000000000b">

</div>
</div>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">g. Notes</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-weight: bold;">g</span><span style="font-weight: bold;">.1 </span>In April 2020 the Company carried out second public issuance of notes in a single series of 40 commercial notes, not convertible into shares, of unsecured type, whose main characteristics are:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>

<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%;" width="80%">
<tbody>
<tr style="height: 12.75pt;">
<td style="padding: 0px; vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Face value unit: </span></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ 25,000,000.00 </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding: 0px; vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Final maturity: </span></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> April 6, 2021 </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding: 0px; vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of the face value: </span></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Lump sum at final maturity </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding: 0px; vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest: </span></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> DI + 3.10% </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding: 0px; vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest: </span></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Lump sum at final maturity </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding: 0px; vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Reprice: </span></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Not applicable </span></p>
</td>
</tr>
</tbody>
</table>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The Company paid in advance its second public issuance of notes on maturity.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">h. Transaction costs</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Transaction costs incurred in issuing debt were deducted from the value of the related financial instruments and are recognized as an expense according to the effective interest rate method as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_PO4ZBAAMGW00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 105px;" width="100%">
<tbody>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 41.8953%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 7.98005%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Effective rate of transaction costs (% p.a.) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.08063%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 7.98005%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 0.997506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 7.98005%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Incurred cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 0.997506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 7.98005%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Amortization </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.16376%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 7.8138%;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-family: 'times new roman', times;"> Reclassification to liabilities held for sale (i) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 0.997506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 7.98005%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.08063%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 41.8953%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Debentures (f) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 0.2 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.08063%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 28,348 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 40,953 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (14,811 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.16376%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.8138%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 54,490 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.08063%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 41.8953%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Notes in the foreign market (b) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 0.1 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.08063%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 37,112 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (4,890 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.16376%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.8138%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (4,204 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 28,018 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.08063%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 41.8953%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Notes (g) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.08063%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,318 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,318 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.16376%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.8138%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.08063%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 41.8953%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Banco do Brasil (e) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 0.1 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.08063%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 332 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (256 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.16376%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.8138%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 76 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.08063%;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 41.8953%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 7.98005%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 18px; width: 1.08063%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 67,110 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 40,953 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (21,275 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 0.997506%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.16376%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 7.8138%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (4,204 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 0.997506%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 82,584 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 1.08063%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 9pt;">(i) <span style="border-right: none; border-left: none;">See Note <span style="border-left: none; border-right: none;">3</span>.c.<span style="border-left: none; border-right: none;">1</span>.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_T3UA1LB77K00000000000000000000b">
<table cellpadding="0" style="height: 129px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 41.3613%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 9.84293%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Effective rate of transaction costs (% p.a.) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.25654%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 9.94764%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2019 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.04712%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.25654%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 9.84293%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Incurred cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.04712%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.25654%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 9.94764%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Amortization </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.04712%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.25654%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 9.94764%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.04712%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 41.3613%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Debentures (f) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.84293%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 0.2 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 41,406 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.84293%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (13,058 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 28,348 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 41.3613%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Notes in the foreign market (b) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 9.84293%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 0.1 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 28,114 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.84293%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 13,263 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (4,265 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 37,112 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 41.3613%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Notes (g) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.84293%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 0.5 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.84293%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 6,802 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (5,484 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,318 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 41.3613%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Banco do Brasil (e) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 9.84293%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 0.1 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 770 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.84293%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (438 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 332 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 41.3613%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Foreign loans (c) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.84293%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 94 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.84293%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (94 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 41.3613%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 9.84293%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,382 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.84293%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,382 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 41.3613%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.84293%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 71,766 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 9.84293%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 20,065 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (24,721 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 67,110 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 17px; background-color: #cceeff; width: 1.04712%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div>
<div id="t_ft_JHW8YY9F1S00000000000000000000b">

</div>
</div>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<div id="t_ft_X009I0W67K00000000000000000000b">
<table cellpadding="0" style="height: 132px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 29px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 41.8953%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 9.97506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Effective rate of transaction costs (% p.a.) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 1.08063%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 9.89194%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2018 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 1.08063%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 0.997506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 9.97506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Incurred cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 0.997506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 9.97506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Amortization </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 0.997506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 9.97506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2019 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 1.08063%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 41.8953%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Debentures (g) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 0.2 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.08063%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.89194%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 56,376 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.08063%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 692 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (15,662 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 41,406 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.08063%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 41.8953%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Notes in the foreign market (b) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 0.1 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.08063%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.89194%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 13,881 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.08063%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 18,442 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (4,209 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 28,114 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.08063%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 41.8953%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Banco do Brasil (f) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 0.2 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.08063%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.89194%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,437 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.08063%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (2,667 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 770 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.08063%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 41.8953%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Foreign loans (c) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.08063%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.89194%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 331 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.08063%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (237 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 94 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.08063%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 41.8953%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 0.2 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.08063%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.89194%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,432 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.08063%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,050 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,382 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.08063%;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 41.8953%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 9.97506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 18px; width: 1.08063%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 9.89194%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 76,457 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.08063%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 19,134 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (23,825 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 71,766 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 1.08063%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>


<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The amount to be appropriated to profit or loss in the future is as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_BBO0H66Q5C00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 79px;" width="100%">
<tbody>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 16.9576%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 9.97506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Up to 1 year </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 0.997506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 9.97506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 1 to 2 years </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 0.997506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 10.0582%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 2 to 3 years </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 0.997506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 9.97506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 3 to 4 years </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 0.997506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 9.97506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 4 to 5 years </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 0.997506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 9.97506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> More than 5 years </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 0.831255%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.16376%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 9.97506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 1.08063%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 16.9576%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Debentures (f) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 9.97506%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 15,060 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.997506%; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.997506%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 9.97506%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 11,129 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.997506%; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.997506%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 10.0582%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 6,990 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.997506%; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.997506%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 9.97506%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 6,075 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.997506%; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.997506%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 9.97506%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 5,886 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.997506%; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.997506%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 9.97506%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 9,350 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.831255%; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.16376%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 9.97506%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 54,490 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.08063%; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.9576%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Notes in the foreign market (b) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 4,126 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 4,128 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0582%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 4,143 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 4,135 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,897 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 7,589 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.831255%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.16376%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 28,018 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.08063%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.9576%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Banco do Brasil (e) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 76 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0582%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.831255%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.16376%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 76 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.08063%;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 16.9576%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 19,262 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 15,257 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 10.0582%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 11,133 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 10,210 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 9,783 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 16,939 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.831255%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.16376%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 82,584 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 1.08063%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>

<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">i. Guarantees</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The financings does not have guaranteed by collateral as of December 31, 2021 (R$ 75,251 as of December 31, 2020) and has guarantees and promissory notes in the amount of R$ 14,151,506 as of December 31, 2021 (R$ 13,758,033 as of December 31, 2020).</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The Company and its subsidiaries offer collateral in the form of letters of credit for commercial and legal proceedings in the amount of R$ 118,231 as of December 31, 2021 (R$ 129,139 as of December 31, 2020). </span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The subsidiary IPP issued collateral to financial institutions in connection with the amounts payable by some of their customers to such institutions (vendor financing) as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_H1UO6XR68G00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 95%; margin-right: auto; height: 85px;" width="95%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="4" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> IPP </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 72%; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 12%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1%; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 2%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 12%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Maximum amount of future payments related to such collateral</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 690,347 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 330,944 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Maturities of up to </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 49 months </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 46 months </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Fair value of collateral</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 9,923 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 5,496 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">If the subsidiary IPP is required to make any payment under these collateral arrangements, this subsidiary may recover the amount paid directly from its customers through commercial collection. Until December 31, 2021 the subsidiary IPP did not have losses in connection with these <span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">collateral arrangements</span>. The fair value of collateral is recognized in current liabilities as &#8220;other payables&#8221;, which is recognized in the statement of profit or loss as customers settle their obligations with the financial institutions.</span></p>
<span></span>
</td>
</tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 10<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147279450568">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Trade Payables<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
<tr class="re">
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<td class="text">&#160;<span></span>
</td>
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<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory', window );">Trade Payables</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;"><span style="border-left: none; border-right: none;">18</span></span><span style="font-family: 'Times New Roman'; font-weight: bold;">. Trade </span><span style="font-family: 'Times New Roman'; font-weight: bold;">p</span><span style="font-family: 'Times New Roman'; font-weight: bold;">ayables</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>

<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">a. Trade payables</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<table cellpadding="0" style="height: 94px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 73%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Domestic suppliers </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,010,912 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,306,398 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Domestic suppliers &#8211; related parties (see Note 9.a) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,422 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 5,102 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Foreign suppliers </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 445,805 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 307,486 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 15px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 15px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Foreign suppliers - related parties (see Note 9.a) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 15px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 212,756 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 15px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 15px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 15px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 126,033 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,670,895 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,745,019 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Some Company&#8217;s subsidiaries acquire oil-based fuels and LPG from Petrobras and its subsidiaries. These suppliers control almost all the markets for these products in Brazil. </span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">b. Trade payables &#8211; reverse factoring</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_EL96AZQ0Y800000000000000000000b">
<table cellpadding="0" style="height: 92px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 73%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Domestic suppliers &#8211; reverse factoring </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,948,033 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: rgb(204, 238, 255); width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,021,424 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: rgb(204, 238, 255); width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 23px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 23px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Domestic suppliers &#8211; reverse factoring - related parties (see Note 9.a) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 23px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 89,339 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 23px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 23px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 23px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 61,989 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 23px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Foreign suppliers &#8211; reverse factoring </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 81,687 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: rgb(204, 238, 255); height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 212,220 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: rgb(204, 238, 255); border-bottom: 1pt solid rgb(0, 0, 0); height: 17px;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,119,059 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,295,633 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double rgb(0, 0, 0); height: 18px;"><br/></td>
</tr>
</tbody>
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</div>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">S</span><span style="font-family: 'Times New Roman';">ome subsidiaries of the Company entered into agreement</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> with a </span><span style="font-family: 'Times New Roman';">financial institution</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';">. These agreements consist in the anticipation of the receipt of </span><span style="font-family: 'Times New Roman';">trade payables</span><span style="font-family: 'Times New Roman';"> by the supplier, </span><span style="font-family: 'Times New Roman';">in which</span><span style="font-family: 'Times New Roman';"> the financial institution</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">prepay</span><span style="font-family: 'Times New Roman';"> a certain amount fr</span><span style="font-family: 'Times New Roman';">om</span><span style="font-family: 'Times New Roman';"> the supplier and receives</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> on the </span><span style="font-family: 'Times New Roman';">maturity</span><span style="font-family: 'Times New Roman';"> date the amount </span><span style="font-family: 'Times New Roman';">payable</span><span style="font-family: 'Times New Roman';"> by the subsidiaries of the Company. The decision to </span><span style="font-family: 'Times New Roman';">join </span><span style="font-family: 'Times New Roman';">this type of transaction is solely and exclusively </span><span style="font-family: 'Times New Roman';">of</span><span style="font-family: 'Times New Roman';"> the supplier. The agreement does not </span><span style="font-family: 'Times New Roman';">substantially</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">change the main characteristics of the commercial conditions previously established </span><span style="font-family: 'Times New Roman';">between the subsidiaries of the Company and </span><span style="font-family: 'Times New Roman';">the supplier</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';">. These </span><span style="font-family: 'Times New Roman';">transactions</span><span style="font-family: 'Times New Roman';"> are presented </span><span style="font-family: 'Times New Roman';">in </span><span style="font-family: 'Times New Roman';">operating activities</span><span style="font-family: 'Times New Roman';"> in the statements of cash flow</span><span style="font-family: 'Times New Roman';">.</span></span><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<span></span>
</td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of trade and other payables. [Refer: Trade and other payables]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 10<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory</td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147278971304">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Salaries and Related Charges<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShorttermEmployeeBenefitsExpenseAbstract', window );"><strong>Short-term employee benefits expense [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfSalariesAndRelatedChargesExplanatory', window );">Salaries and Related Charges</a></td>
<td class="text">
<p style="margin: 2pt 0pt 0pt; text-align: justify; font-family: 'Times New Roman'; font-weight: bold; font-size: 10PT;"><span style="font-family: 'Times New Roman'; font-weight: bold;"><span style="border-left: none; border-right: none;">19</span>. </span><span style="font-family: 'Times New Roman'; font-weight: bold;">Salaries and </span><span style="font-family: 'Times New Roman'; font-weight: bold;">r</span><span style="font-family: 'Times New Roman'; font-weight: bold;">elated </span><span style="font-family: 'Times New Roman'; font-weight: bold;">c</span><span style="font-family: 'Times New Roman'; font-weight: bold;">harges</span><br/></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><br/></p>

<table cellpadding="0" style="height: 103px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7273%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160; &#160;</span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.8488%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.1236%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.22574%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.951%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.02145%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 72.7273%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Provisions on salaries</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"><br/></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 11.8488%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 136,938 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.1236%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.22574%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 11.951%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 195,286 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02145%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7273%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Profit sharing, bonus and premium </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.8488%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 132,390 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.1236%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22574%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.951%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 184,306 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02145%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 72.7273%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Social charges </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 11.8488%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 52,739 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.1236%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.22574%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 11.951%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 73,267 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02145%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7273%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 11.8488%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 8,036 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.1236%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22574%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 11.951%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 15,771 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 1.02145%;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 72.7273%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px; width: 11.8488%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 330,103 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.1236%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.22574%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px; width: 11.951%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 468,630 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 1.02145%;"><br/></td>
</tr>
</tbody>
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<span></span>
</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ShorttermEmployeeBenefitsExpenseAbstract</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure of salaries and related charges.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147279084056">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Taxes Payable<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfTaxPayablesAbstract', window );"><strong>Taxes Payable</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTaxReceivablesAndPayablesExplanatory', window );">Taxes Payable</a></td>
<td class="text">
<p style="margin: 2pt 0pt 0pt; text-align: justify; font-family: 'Times New Roman'; font-weight: bold; font-size: 10PT;"><span style="font-family: 'Times New Roman'; font-weight: bold;"><span style="border-left: none; border-right: none;">20</span>. </span><span style="font-family: 'Times New Roman'; font-weight: bold;">Taxes </span><span style="font-family: 'Times New Roman'; font-weight: bold;">p</span><span style="font-family: 'Times New Roman'; font-weight: bold;">ayable</span><br/></p>
<p style="margin: 0pt; text-align: justify;"><br/></p>

<table cellpadding="0" style="height: 137px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
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<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 73%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> ICMS </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 146,598 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 180,522 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> IPI </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 4,163 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 8,952 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> PIS and COFINS </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 13,667 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 13,187 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> ISS </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 45,533 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 38,328 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Value-added tax (IVA) of foreign subsidiaries </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 27,322 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 19,215 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 17,703 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 229,176 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 286,014 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff;"><br/></td>
</tr>
</tbody>
</table>

<span></span>
</td>
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</table>
<div style="display: none;">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of tax receivables and payables.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 10<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<FILENAME>R28.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147279045128">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Employee Benefits and Private Pension Plan<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutDefinedBenefitPlansAbstract', window );"><strong>Employee benefits and private pension plan</strong></a></td>
<td class="text">&#160;<span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfEmployeeBenefitsExplanatory', window );">Employee Benefits and Private Pension Plan</a></td>
<td class="text">
<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;"><span style="border-left: none; border-right: none;">21</span>. </span><span style="font-family: 'Times New Roman'; font-weight: bold;">Employee </span><span style="font-family: 'Times New Roman'; font-weight: bold;">b</span><span style="font-family: 'Times New Roman'; font-weight: bold;">enefits and </span><span style="font-family: 'Times New Roman'; font-weight: bold;">p</span><span style="font-family: 'Times New Roman'; font-weight: bold;">rivate </span><span style="font-family: 'Times New Roman'; font-weight: bold;">p</span><span style="font-family: 'Times New Roman'; font-weight: bold;">ension </span><span style="font-family: 'Times New Roman'; font-weight: bold;">p</span><span style="font-family: 'Times New Roman'; font-weight: bold;">lan</span></span></p>
<p style="margin: 0px; text-indent: 0px;"><br/></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">a. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ULTRAPREV</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"> </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">- </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">A</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ssocia&#231;&#259;o de </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">P</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">revid&#234;ncia </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">C</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">omplementar</span></span></p>
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify; font-size: 10pt; font-family: 'Times New Roman';"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">In February 2001 the Company&#8217;s Board of Directors approved the adoption of a defined contribution pension plan to be sponsored by the Company and its subsidiaries. Participating employees have been contributing to this plan, managed by </span><span style="font-family: 'Times New Roman';">Ultraprev</span><span style="font-family: 'Times New Roman';"> - </span><span style="font-family: 'Times New Roman';">Associa&#231;</span><span style="font-family: 'Times New Roman';">&#227;</span><span style="font-family: 'Times New Roman';">o</span><span style="font-family: 'Times New Roman';"> de </span><span style="font-family: 'Times New Roman';">Previd&#234;ncia</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Complementar</span><span style="font-family: 'Times New Roman';"> (&#8220;</span><span style="font-family: 'Times New Roman';">Ultraprev</span><span style="font-family: 'Times New Roman';">&#8221;), since August 2001. Under the terms of the plan, every year each participating employee chooses his or her basic contribution to the plan. Each sponsoring company provides a matching contribution in an amount equivalent to each basic contribution, up to a limit of 11% of the employee&#8217;s reference salary, according to the rules of the plan. As participating employees retire, they may choose to receive either (</span><span style="font-family: 'Times New Roman';">i</span><span style="font-family: 'Times New Roman';">) a monthly sum ranging between 0.3</span><span style="font-family: 'Times New Roman';">% and 1.0% of their respective accumulated fund in </span><span style="font-family: 'Times New Roman';">Ultraprev</span><span style="font-family: 'Times New Roman';"> or (ii) a fixed monthly amount</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> which will </span><span style="font-family: 'Times New Roman';">exhaust their respective accumulated fund over a period of 5 to </span><span style="font-family: 'Times New Roman';">35</span><span style="font-family: 'Times New Roman';"> years. The </span><span style="font-family: 'Times New Roman';">C</span><span style="font-family: 'Times New Roman';">ompany</span><span style="font-family: 'Times New Roman';"> and its subsidiaries</span><span style="font-family: 'Times New Roman';"> do not </span><span style="font-family: 'Times New Roman';">take responsibility for </span><span style="font-family: 'Times New Roman';">guarantee</span><span style="font-family: 'Times New Roman';">ing</span><span style="font-family: 'Times New Roman';"> amounts or the duration of the benefits received by </span><span style="font-family: 'Times New Roman';">the retired </span><span style="font-family: 'Times New Roman';">employee.&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify; font-size: 10pt; font-family: 'Times New Roman';"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';"><br/></span></span></p>
<p style="margin: 0pt; text-align: justify; font-size: 10pt; font-family: 'Times New Roman';"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The non-vested portion of the contribution made by the sponsor, in cases where the terminated employees chose to withdraw from the pension plan, are considered as a pension fund. Employees who left the Company and chose to withdraw from the pension plan lose the portion of the contribution already made by the sponsor and this amount may be deducted from the sponsor future contributions. The amount is presented in the movements of prepaid expenses. Furthermore, employees who left the company and chose to continue with the pension plan make contributions individually.<br/></span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify; font-size: 10pt; font-family: 'Times New Roman';"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">In May 2020 the Deliberative Council of </span><span style="font-family: 'Times New Roman';">Ultraprev</span><span style="font-family: 'Times New Roman';"> approved the utilization of the pension fund</span><span style="font-family: 'Times New Roman';"> in the amount of R$</span><span style="font-family: 'Times New Roman';"> <span style="border-left: none; border-right: none;">47,088</span></span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and i</span><span style="font-family: 'Times New Roman';">n</span><span style="font-family: 'Times New Roman';"> May 2021 the additional </span><span style="font-family: 'Times New Roman';">use&#160; of</span><span style="font-family: 'Times New Roman';"> R$ 3,706</span><span style="font-family: 'Times New Roman';">. The amount of R$ </span><span style="font-family: 'Times New Roman';">27,451</span><span style="font-family: 'Times New Roman';"> was </span><span style="font-family: 'Times New Roman';">used to deduct the sponsors&#8217; normal </span><span style="font-family: 'Times New Roman';">contributions</span><span style="font-family: 'Times New Roman';"> and</span><span style="font-family: 'Times New Roman';"> the amount of R$ 3,512 was reclassified to assets held for sale</span><span style="font-family: 'Times New Roman';">. The balance of R$ </span><span style="font-family: 'Times New Roman';">19,831</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">202</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';"> will be</span><span style="font-family: 'Times New Roman';"> used to deduct normal sponsor contributions in </span><span style="font-family: 'Times New Roman';">a period </span><span style="font-family: 'Times New Roman';">up to 92</span><span style="font-family: 'Times New Roman';"> months</span><span style="font-family: 'Times New Roman';"> depending on the sponsor.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">The number of months is estimated according to the current amount being deducted from contributions.&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify; font-size: 10pt; font-family: 'Times New Roman';"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">As of December 31, </span><span style="font-family: 'Times New Roman';">2021</span><span style="font-family: 'Times New Roman';">, the subsidiaries contributed </span><span style="font-family: 'Times New Roman';">with R$</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">16,368 to<span>&#160;</span>Ultraprev,</span></span><span style="font-family: 'Times New Roman';">&#160;including the utilization of the pension fund of R$ </span><span style="font-family: 'Times New Roman';">10,566</span><span style="font-family: 'Times New Roman';"> (R$ </span><span style="font-family: 'Times New Roman';">17,186</span><span style="font-family: 'Times New Roman';"> including the <span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">utilization</span> of the pension fund of R$ </span><span style="font-family: 'Times New Roman';">7,446</span><span style="font-family: 'Times New Roman';"> as of December 31,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2020</span></span><span style="font-family: 'Times New Roman';"> and R$ 21,357 as of December 31, 2019</span><span style="font-family: 'Times New Roman';">), which is recognized as expense in the income statement. The total number of participating employees as of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">202</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';"> was </span><span style="font-family: 'Times New Roman';">4,381</span><span style="font-family: 'Times New Roman';"> active participants and </span><span style="font-family: 'Times New Roman';">387</span><span style="font-family: 'Times New Roman';"> retired participants. In </span><span style="font-family: 'Times New Roman';">addition</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Ultraprev</span><span style="font-family: 'Times New Roman';"> had 23</span><span style="font-family: 'Times New Roman';">&#160;former employees receiving benefits under the rules of a previous plan whose reserves are fully constituted.</span></span></p>

<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><br/></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">b. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Post-employment </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">b</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">enefits</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The subsidiaries recognized a provision for post-employment benefits mainly related to seniority bonus, </span><span style="font-family: 'Times New Roman';">payment of G</span><span style="font-family: 'Times New Roman';">overnment Severance Indemnity Fund (&#8220;FGTS&#8221;), and health, dental care, and life insurance plan for eligible retirees.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The amounts related to such benefits were determined based on a valuation conducted by an independent actuary </span><span style="font-family: 'Times New Roman';">and reviewed by management</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div style="border-left: none; border-right: none;">
<table cellpadding="0" style="height: 103px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 74%;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Health and dental care plan </span><span style="font-family: 'Times New Roman'; vertical-align: super; font-size: 8pt;">(<span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">1</span></span>)</span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 159,867 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 200,318 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Indemnification of FGTS </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 38,617 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 53,952 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Seniority bonus </span><span style="font-family: 'Times New Roman'; vertical-align: super; font-size: 8pt;">(<span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">2</span></span>)</span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 5,570 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 16,336 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Life insurance </span><span style="font-family: 'Times New Roman'; vertical-align: super; font-size: 8pt;">(<span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">1</span></span>)</span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 11,665 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 14,118 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 215,719 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 284,724 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 21,082 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 27,077 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Non-current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 194,637 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 257,647 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt 7.1pt; text-align: justify; text-indent: -7.1pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; vertical-align: super; font-size: 8pt;">(<span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">1</span></span>) </span><span style="font-family: 'Times New Roman';">Only </span><span style="font-family: 'Times New Roman';">IPP</span><span style="font-family: 'Times New Roman';">, Tropical</span><span style="font-family: 'Times New Roman';"> and</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Iconic</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 2pt 0pt 0pt 7.1pt; text-align: justify; text-indent: -7.1pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; vertical-align: super; font-size: 8pt;">(<span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">2</span></span>)</span><span style="font-family: 'Times New Roman';"> In <span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">2021</span></span>, there was a change in the seniority bonus policy for retirement, with a reduction in the benefit (Ultragaz and Ipiranga).</span></span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">

<div style="border-right: none; border-left: none;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The change in the present value of the post-employment benefit obligation </span><span style="font-family: 'Times New Roman';">occurred </span><span style="font-family: 'Times New Roman';">as follows:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div style="border-left: none; border-right: none;">
<table cellpadding="0" style="height: 154px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 73%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Opening balance </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 284,724 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 272,867 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Expense for the year of continuing operations </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 15,585 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 11,622 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Expense (revenue) for the year of discontinued operations </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,951 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (6,411 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (Gain) Losses from changes in actuarial assumptions </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (58,954 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 24,822 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Benefits paid directly by Company and its subsidiaries </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (18,400 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (18,969 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Exchange rates from post employment benefits </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 217 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 793 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; Reclassification to liabilities held for sale (i) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (10,404 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Ending balance </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 215,719 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 284,724 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="border-right: none; border-left: none;"><span style="font-family: 'Times New Roman';">(i) For further information see Note <span style="border-left: none; border-right: none;">3</span></span><span style="font-family: 'Times New Roman';">.c.<span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">.</span></span></span></p>

</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The </span><span style="font-family: 'Times New Roman';">total of </span><span style="font-family: 'Times New Roman';">expense </span><span style="font-family: 'Times New Roman';">in each year </span><span style="font-family: 'Times New Roman';">is presented below:&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div style="border-left: none; border-right: none;">
<table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto; height: 103px;" width="80%">
<tbody>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 62.8466%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 9.79667%;">
<p style="margin: 0pt; text-align: center; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 1.66359%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 2.21811%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 9.79667%;">
<p style="margin: 0pt; text-align: center; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 1.66359%;"><br/></td>
<td style="vertical-align: top; background-color: #ffffff; height: 17px; width: 0.924214%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #ffffff; height: 17px; width: 9.79667%;">
<p style="margin: 0pt; text-align: center; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 2019 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #ffffff; height: 17px; width: 1.84843%;"><br/></td>
</tr>
<tr>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; width: 62.8466%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; width: 9.79667%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; width: 1.66359%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; width: 2.21811%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; width: 9.79667%; text-align: center;"><span style="font-weight: bold; font-size: 8pt;">Re-presented</span></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; width: 1.66359%; text-align: center;"><br/></td>
<td style="vertical-align: top; background-color: #ffffff; width: 0.924214%; text-align: center;"><br/></td>
<td style="vertical-align: bottom; background-color: #ffffff; width: 9.79667%; text-align: center;"><span style="font-weight: bold; font-size: 8pt;">Re-presented</span></td>
<td style="vertical-align: bottom; background-color: #ffffff; width: 1.84843%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; width: 62.8466%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Health and dental care plan </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 9.79667%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 15,265 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.66359%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 2.21811%; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 9.79667%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 11,127 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.66359%; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; width: 0.924214%; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; width: 9.79667%; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 10,442 </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; width: 1.84843%; padding: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 62.8466%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Indemnification of FGTS </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.79667%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 4,409 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.66359%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2.21811%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.79667%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 6,199 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.66359%;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 0.924214%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 9.79667%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(5,423 </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 1.84843%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px; width: 62.8466%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Seniority bonus </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.79667%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (4,886 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.66359%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 2.21811%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.79667%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (6,821 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.66359%;">)</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 0.924214%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 9.79667%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,580 </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 1.84843%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 62.8466%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Life insurance </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 9.79667%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 797 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.66359%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2.21811%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 9.79667%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,117 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.66359%;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 0.924214%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; border-bottom: 1pt solid #000000; height: 17px; width: 9.79667%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,293 </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 1.84843%;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 18px; width: 62.8466%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px; width: 9.79667%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 15,585 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.66359%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 2.21811%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px; width: 9.79667%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 11,622 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.66359%;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 18px; width: 0.924214%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; border-bottom: 2.8pt double #000000; height: 18px; width: 9.79667%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 9,892 </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 18px; width: 1.84843%;"><br/></td>
</tr>
</tbody>
</table>
</div>


<p style="margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>

<p style="border-left: none; border-right: none;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The main actuarial assumptions used are:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto; height: 102px;" width="80%">
<tbody>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Economic factors </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> % p.a. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> % p.a. </span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; width: 74%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Discount rate for the actuarial obligation at present value </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 8.93 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 2%; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 8.22 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Average projected salary growth rate </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 7.07 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 7.07 </span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Inflation rate (long term) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3.25 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3.25 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Growth rate of medical services </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 7.38 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 7.38 </span></p>
</td>
</tr>
</tbody>
</table>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><br/></span></p>
<table style="width: 75%; margin-left: auto; margin-right: auto; font-family: 'times new roman'; font-size: 10pt; border-collapse: COLLAPSE;">
<tbody>
<tr style="background-color: #cceeff;">
<td style="width: 100%; background-color: #cceeff;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Demographic factors</span></td>
</tr>
<tr>
<td style="width: 100%;"><span style="font-size: 10pt;"><span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Mortality Table for the life insurance benefit &#8211; CSO-</span><span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; border-left: none; border-right: none;">80</span></span></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="width: 100%; background-color: #cceeff;"><span style="font-size: 10pt;"><span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Mortality Table for other benefits &#8211; AT&#160;</span><span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; border-left: none; border-right: none;">2000</span><span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;Basic decreased by&#160;</span></span>10<span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">%</span></td>
</tr>
<tr>
<td style="width: 100%;"><span style="font-size: 10pt;"><span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Disabled Mortality Table &#8211; RRB&#160;</span><span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; border-left: none; border-right: none;">1983</span><span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;and RRB-</span><span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; border-left: none; border-right: none;">1944</span></span></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="width: 100%; background-color: #cceeff;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Disability Table &#8211; Weak light</span></td>
</tr>
</tbody>
</table>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<p style="margin: 0pt; text-align: justify;"><span style="text-decoration: underline;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Sensitivity analysis</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The significant actuarial assumptions to determine the provision for post-employment benefits </span><span style="font-family: 'Times New Roman';">are:</span><span style="font-family: 'Times New Roman';"> discount rate, wage and medical costs increases. The following sensitivity analyses on December 31, 202</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">as shown </span><span style="font-family: 'Times New Roman';">below, were determined based on possible changes of assumptions occurring at the reporting date of the financial statements, keeping all other assumptions constant.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>

<table cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; height: 50px; width: 100%;" width="100%">
<tbody>
<tr style="height: 10px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 10px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Assumption </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Change in assumptions </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Decrease in liability </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Change in assumptions </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Increase in liability </span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px; width: 41%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Discount rate </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px; width: 14%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <span style="border-left: none; border-right: none;">increase by <span style="border-left: none; border-right: none;">1.0</span> p.p.</span> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px; width: 14%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 24,196 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px; width: 14%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <span style="border-left: none; border-right: none;">decrease by <span style="border-left: none; border-right: none;">1.0</span> p.p.</span> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px; width: 14%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 24,293 </span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Wage growth rate </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <span style="border-left: none; border-right: none;">decrease by <span style="border-left: none; border-right: none;">1.0</span> p.p.</span> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,002 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <span style="border-left: none; border-right: none;">increase by <span style="border-left: none; border-right: none;">1.0</span> p.p.</span> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,258 </span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Medical services growth rate </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <span style="border-left: none; border-right: none;">decrease by <span style="border-left: none; border-right: none;">1.0</span> p.p.</span> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 19,218 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <span style="border-left: none; border-right: none;">increase by <span style="border-left: none; border-right: none;">1.0</span> p.p.</span> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 23,522 </span></p>
</td>
</tr>
</tbody>
</table>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify; font-size: 10pt; font-family: 'Times New Roman';"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The sensitivity analyses presented may not represent the real change in the post-employment benefits obligation, since it is unlikely that changes occur in just one assumption alone, considering that some of these assumptions may be correlated.&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Inherent risks related to post-employment benefits</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Interest rate risk: a long-term interest rate is used to calculate the present value of post-employment liabilities. A reduction in this interest rate will increase the corresponding liability.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Wage growth risk: the present value of the liability is calculated using as reference the wages of the plan participants, projected with the average nominal wage growth rate. An increase in the real wages of plan participants will increase the corresponding liability.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Medical costs growth risk: the present value of the liability is calculated using as reference the medical cost by age based on actual healthcare costs, projected based on the growth rate of medical services costs. An increase in the real medical costs will increase the corresponding liability.</span></p>
<span></span>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for employee benefits.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2021-01-01<br> -Section Scope<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2021-en-r&amp;doctype=Standard&amp;dita_xref=IAS19_g2-7_TI<br> -URIDate 2021-03-24<br></p></div>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147279023512">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Provision for Asset Retirement Obligation - Fuel Tanks<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOtherProvisionsAbstract', window );"><strong>Disclosure of other provisions [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOtherProvisionsExplanatory', window );">Provision for Asset Retirement Obligation - Fuel Tanks</a></td>
<td class="text">
<p style="margin: auto; page-break-after: avoid; page-break-inside: avoid;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-weight: bold;"><span style="border-left: none; border-right: none;">22</span>. </span><span style="font-weight: bold;">Provision for </span><span style="font-weight: bold;">a</span><span style="font-weight: bold;">sset </span><span style="font-weight: bold;">r</span><span style="font-weight: bold;">etirement </span><span style="font-weight: bold;">o</span><span style="font-weight: bold;">bligation &#8211; </span><span style="font-weight: bold;">f</span><span style="font-weight: bold;">uel </span><span style="font-weight: bold;">t</span><span style="font-weight: bold;">anks</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The provision corresponds to the legal obligation to remove the subsidiary IPP&#8217;s underground fuel tanks located at by Ipiranga-branded service stations after a certain use period (see Note 2.o).</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Changes in the provision for asset retirement obligation are as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div style="border-left: none; border-right: none;">
<table cellpadding="0" style="height: 289px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2018 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 54,667 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Additions (new tanks) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 290 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Expenditure with tanks removed </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (5,456 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Accretion expense </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,741 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2019 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 51,242 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Additions (new tanks) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 163 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Expenditure with tanks removed </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (4,306 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Accretion expense </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 6,336 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 53,435 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Additions (new tanks) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 451 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Expenditure with tanks removed </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (2,773 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Accretion expense </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 5,598 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 56,711 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 4,632 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Non-current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 52,079 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of other provisions. [Refer: Other provisions]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 37<br> -IssueDate 2021-01-01<br> -Paragraph 84<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=37&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_84&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147279117176">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Provisions and Contingencies<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
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<td class="text">&#160;<span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory', window );">Provisions and Contingencies</a></td>
<td class="text">
<p style="margin: 0pt 0pt 7pt; break-after: avoid; break-inside: avoid; text-indent: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;"><span style="border-left: none; border-right: none;">23</span></span><span style="font-family: 'Times New Roman'; font-weight: bold;">. Provisions and contingencies</span></span><br/></p>
<p style="margin: 0pt 0pt 7pt; break-after: avoid; break-inside: avoid; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">a. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Provisions for tax, civil, and labor risks</span></span></p>
<p style="margin: 0pt 0pt 7pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The Company and its subsidiaries are parties in tax, civil, environmental, regulatory, and labor disputes at the administrative and judiciary levels, </span><span style="font-family: 'Times New Roman';">which</span><span style="font-family: 'Times New Roman';">, when applicable, are backed by escrow deposits. Provisions for losses are estimated and updated by</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">m</span><span style="font-family: 'Times New Roman';">anagement </span><span style="font-family: 'Times New Roman';">based on </span><span style="font-family: 'Times New Roman';">the opinion of the </span><span style="font-family: 'Times New Roman';">Company&#8217;s </span><span style="font-family: 'Times New Roman';">legal department and its </span><span style="font-family: 'Times New Roman';">external </span><span style="font-family: 'Times New Roman';">legal </span><span style="font-family: 'Times New Roman';">advisors</span><span style="font-family: 'Times New Roman';">.&#160;</span></span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The table below demonstrates the breakdown of provisions by nature and its movement:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div style="border-left: none; border-right: none;">
<div id="t_ft_KGNP8GNBQ800000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 111px; text-indent: 0px;" width="100%">
<tbody>
<tr style="height: 10px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 21.0526%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Provisions </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2020 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Additions </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Reversals </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Payments </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 7.16374%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Interest </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 11.6959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt; font-weight: bold;"> Reclassification to liabilities held for sale (i) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2021 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.46199%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 21.0526%; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> IRPJ and CSLL (a.1.1) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.33333%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 547,862 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.31579%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.75439%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.89474%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.31579%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.60819%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.89474%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (6,966 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.31579%; height: 17px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.75439%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.89474%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.31579%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.60819%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.16374%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 11,276 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.31579%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.75439%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.6959%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.75439%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.33333%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 552,172 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.46199%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 21.0526%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> ICMS (c) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.33333%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 108,568 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 58,839 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.60819%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (83,536 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.60819%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.16374%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 284 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.6959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.33333%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 84,155 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.46199%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 21.0526%;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Civil, environmental and regulatory claims (a.2.1) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 57,772 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 87,066 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (9,702 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (8,116 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.16374%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 724 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 11.6959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (18,983 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 108,761 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.46199%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 21.0526%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Labor litigation (a.3.1) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 90,675 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 42,826 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (4,432 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (17,068 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.16374%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,620 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.6959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (19,161 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 95,460 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.46199%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 21.0526%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 93,168 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 63 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,457 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 10px; width: 7.16374%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 704 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 10px; width: 11.6959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (841 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 91,637 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.46199%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 21.0526%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 898,045 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 188,794 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (106,093 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (25,184 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; width: 7.16374%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 15,608 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; width: 11.6959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (38,985 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 932,185 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.46199%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 21.0526%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 43,660 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.16374%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 11.6959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 119,942 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.46199%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 21.0526%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Non-current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.33333%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 854,385 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.60819%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.60819%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.16374%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.6959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.33333%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 812,243 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.46199%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
</tbody>
</table>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 7pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">(i) <span style="border-right: none; border-left: none;">For further information see Note <span style="border-left: none; border-right: none;">3</span></span></span><span style="border-right: none; border-left: none;"><span style="font-family: 'Times New Roman';">.c.<span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">.</span></span></span></p>

<p style="margin: 6pt 0pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Some of the provisions above involve</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">in whole or in part, </span><span style="font-family: 'Times New Roman';">escrow deposits</span><span style="font-family: 'Times New Roman';">.</span></span></p>


<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Balances of escrow</span><span style="font-family: 'Times New Roman';"> deposits are as follows:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div style="border-left: none; border-right: none;">
<div id="t_ft_VI4C47R96O00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 12.75pt; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"><br/></td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 73%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Tax matters </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 731,326 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 789,624 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Labor litigation </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 48,147 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 57,603 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Civil and others </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 91,788 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 102,569 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000;"><br/></td>
</tr>
<tr style="height: 13.5pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 871,261 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000;"><br/></td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 949,796 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000;"><br/></td>
</tr>
</tbody>
</table>
</div>
</div>

<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><br/></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">a.1 Provisions for tax matters</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify; font-family: 'Times New Roman'; font-size: 10PT;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">On October 7, </span><span style="font-family: 'Times New Roman';">2005</span><span style="font-family: 'Times New Roman';"> the subsidiaries Cia. Ultragaz and </span><span style="font-family: 'Times New Roman';">Bahiana</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">filed for and obtained a preliminary injunction to recognize and offset PIS and COFINS credits on LPG purchases, against other taxes levied by the</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">R</span><span style="font-family: 'Times New Roman';">FB</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">notably IRPJ and CSLL. The decision was confirmed by a trial court on May 16, 2008. Under the preliminary injunction the subsidiaries made escrow deposits for these liabilities which amounted to R$</span><span style="font-family: 'Times New Roman';"> 534,830</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, <span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">(R$ </span><span style="font-family: 'Times New Roman';">523,136</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of December 31, 20</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';">). On July 18, </span><span style="font-family: 'Times New Roman';">2014</span><span style="font-family: 'Times New Roman';"> a second instance unfavorable decision was published</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> and the subsidiaries suspended the escrow deposits, and started to</span><span style="font-family: 'Times New Roman';"> pay income taxes from that date. To revert the court decision the subsidiaries presented a writ of prevention which was dismissed on December 30, </span><span style="font-family: 'Times New Roman';">2014</span><span style="font-family: 'Times New Roman';"> and the </span><span style="font-family: 'Times New Roman';">subsidiaries </span><span style="font-family: 'Times New Roman';">appealed this decision on February 3, 2015. Appeals were also presented to the respective higher courts </span><span style="font-family: 'Times New Roman';">Superior Court of Justice </span><span style="font-family: 'Times New Roman';">(</span><span style="font-family: 'Times New Roman';">&#8220;</span><span style="font-family: 'Times New Roman';">STJ</span><span style="font-family: 'Times New Roman';">&#8221;) </span><span style="font-family: 'Times New Roman';">and </span><span style="font-family: 'Times New Roman';">Federal Supreme Court (&#8220;</span><span style="font-family: 'Times New Roman';">STF</span><span style="font-family: 'Times New Roman';">&#8221;</span><span style="font-family: 'Times New Roman';">) whose </span><span style="font-family: 'Times New Roman';">final </span><span style="font-family: 'Times New Roman';">trial are pending.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">At the STJ, the issue was subject to the system of Repetitive Appeals (Repetitive Issue No. 1093) and is awaiting judgment by the Superior Court.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">a.<span style="border-left: none; border-right: none;">2</span> Provisions for </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">c</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ivil, </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">e</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">nvironmental and </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">r</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">egulatory </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">c</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">laims</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">a.<span style="border-left: none; border-right: none;">2.1</span></span><span style="font-family: 'Times New Roman';"> The Company and its subsidiaries </span><span style="font-family: 'Times New Roman';">maintain</span><span style="font-family: 'Times New Roman';"> provisions for lawsuits and administrative proceedings, mainly derived from contracts </span><span style="font-family: 'Times New Roman';">entered into</span><span style="font-family: 'Times New Roman';"> with customers </span><span style="font-family: 'Times New Roman';">and former services providers, as well as proceedings related to environmental and regulatory issues in the amount of R$ </span><span style="font-family: 'Times New Roman';">108,761</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">3</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, <span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">(R$ </span><span style="font-family: 'Times New Roman';">57,772</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of December 31, 20</span><span style="font-family: 'Times New Roman';">20</span><span style="font-family: 'Times New Roman';">).</span><span style="font-family: 'Times New Roman';"> The increase seen during the year is due to the reassessment of likelihood of loss to probable due to unfavorable decisions in several lawsuits received by the subsidiary </span><span style="font-family: 'Times New Roman';">Ipiranga</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">a.<span style="border-left: none; border-right: none;">3</span> Provisions for labor matters</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">a.<span style="border-left: none; border-right: none;">3.1</span></span><span style="font-family: 'Times New Roman';"> The Company and its subsidiaries maintain provisions of R$ </span><span style="font-family: 'Times New Roman';">95,460</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';"> (</span><span style="font-family: 'Times New Roman';">R$ </span><span style="font-family: 'Times New Roman';">90,675</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of December 31, 20</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';">) for labor litigation filed by former employees and by employees of our service providers mainly contesting the non-payment of labor rights.</span><span style="font-family: 'Times New Roman';"> The increase seen during the year is due to the reassessment of likelihood of loss to probable due to unfavorable decisions in several lawsuits received by the subsidiary </span><span style="font-family: 'Times New Roman';">Ipiranga</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">b.</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Contingent </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">l</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">iabilities</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify; font-family: 'Times New Roman'; font-size: 10PT;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The Company and its subsidiaries </span><span style="font-family: 'Times New Roman';">are parties in</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">tax, civil, environmental, regulatory, and labor </span><span style="font-family: 'Times New Roman';">claims whose loss is assessed as </span><span style="font-family: 'Times New Roman';">possible (proceedings whose chance of loss is </span><span style="font-family: 'Times New Roman';">more than 25% and less or equal than </span><span style="font-family: 'Times New Roman';">50%) </span><span style="font-family: 'Times New Roman';">by</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">the Company</span><span style="font-family: 'Times New Roman';"> and its subsidiaries</span><span style="font-family: 'Times New Roman';">&#8217; legal departments</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> based on the opinion of its external legal advisors</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and,</span><span style="font-family: 'Times New Roman';"> based on th</span><span style="font-family: 'Times New Roman';">ese</span><span style="font-family: 'Times New Roman';"> assessment</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';">, these claims </span><span style="font-family: 'Times New Roman';">were not recognized in the </span><span style="font-family: 'Times New Roman';">financial statements</span><span style="font-family: 'Times New Roman';">. The estimated amount of this contingency is R$ </span><span style="font-family: 'Times New Roman';">3,310,603</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, <span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';"> (R$ 3,236,982</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of December 31, 20</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';">).</span></span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">b.<span style="border-left: none; border-right: none;">1</span> Contingent </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">l</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">iabilities for </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">t</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ax </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">m</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">atters and </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">s</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ocial </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">s</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ecurity </span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The Company and its subsidiaries have contingent liabilities for tax matters and social security in the amount of R$</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2,292,465&#160;</span></span><span style="font-family: 'Times New Roman';">as of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, <span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';"> (R$ </span><span style="font-family: 'Times New Roman';">2,419,000</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of December 31, 20</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';">), mainly represented by:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">b.<span style="border-left: none; border-right: none;">1.1</span></span><span style="font-family: 'Times New Roman';"> The subsidiary IPP and its subsidiaries have assessments invalidating the offset of excise tax (&#8220;IPI&#8221;) credits in connection with the purchase of raw materials used in the manufacturing of products which sales are not subject to IPI under the protection of tax immunity. The amount of this contingency is R$</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">178,422</span><span style="font-family: 'Times New Roman';"> a</span><span style="font-family: 'Times New Roman';">s of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, <span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';"> (R$ </span><span style="font-family: 'Times New Roman';">176,390</span><span style="font-family: 'Times New Roman';"> as of December 31, 20</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';">).</span></span></p>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<p style="margin: 0pt; text-align: justify; font-size: 10pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold; font-size: 10pt;">b.1.2</span><span style="font-family: 'Times New Roman';"> The subsidiary IPP and its subsidiaries have legal proceedings related to ICMS. The total amount involved in these proceedings, was R$ </span><span style="font-family: 'Times New Roman';">1,303,383</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">3</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';"> (</span><span style="font-family: 'Times New Roman';">R$ </span><span style="font-family: 'Times New Roman';">958.134</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of December 31, 20</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';">). Such proceedings arise mostly of the disregard of ICMS credits amounting to R$ </span><span style="font-family: 'Times New Roman';">209,611</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';"> (</span><span style="font-family: 'Times New Roman';">R$ </span><span style="font-family: 'Times New Roman';">300,707</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of December 31, 20</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';">), of which R$ </span><span style="font-family: 'Times New Roman';">15,532</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">(R$ </span><span style="font-family: 'Times New Roman';">92,687</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of December 31, 20</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';">) refer to proportional reversal requirement of ICMS credits related to the acquisition of hydrated alcohol; of alleged non-payment in the amount of R$ </span><span style="font-family: 'Times New Roman';">106,590</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';"> (</span><span style="font-family: 'Times New Roman';">R$ </span><span style="font-family: 'Times New Roman';">98,157</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of December 31, 20</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';">);</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">of conditioned fruition of fiscal incentive in the amount of </span><span style="font-family: 'Times New Roman';">R$ </span><span style="font-family: 'Times New Roman';">174,039</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, <span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';"> (</span><span style="font-family: 'Times New Roman';">R$ </span><span style="font-family: 'Times New Roman';">119,894</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of December 31, 20</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';">); </span><span style="font-family: 'Times New Roman';">of</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">inventory differences in the amount of R$ </span><span style="font-family: 'Times New Roman';">295,163</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';"> (</span><span style="font-family: 'Times New Roman';">R$ </span><span style="font-family: 'Times New Roman';">269,581</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of December 31, 20</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';">; and of fiscal </span><span style="font-family: 'Times New Roman';">equilibrium</span><span style="font-family: 'Times New Roman';"> fund </span><span style="font-family: 'Times New Roman';">required by States to fruition tax benefits </span><span style="font-family: 'Times New Roman';">in the amount of R$ </span><span style="font-family: 'Times New Roman';">59,128</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and a 2% surcharge on products considered non-essential </span><span style="font-family: 'Times New Roman';">(</span><span style="font-family: 'Times New Roman';">hydrated ethanol</span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';"> in the amount of R$ 219,218</span><span style="font-family: 'Times New Roman';">&#160;as of December 31, 2021.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">b.1.</span><span style="font-family: 'Times New Roman'; font-weight: bold;">3</span><span style="font-family: 'Times New Roman';"> The Company and its subsidiaries are parties to administrative and judicial suits involving Income Tax, Social </span><span style="font-family: 'Times New Roman';">Security Contribution, PIS and COFINS, substantially about denials of offset claims and credits disallowance which total amount is R$ </span><span style="font-family: 'Times New Roman';">578,097</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, <span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';"> (R$ 709,338</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of December 31, 20</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';">), mainly represented by:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">b.1.</span><span style="font-family: 'Times New Roman'; font-weight: bold;">3</span><span style="font-family: 'Times New Roman'; font-weight: bold;">.1</span><span style="font-family: 'Times New Roman'; font-weight: bold;"> </span><span style="font-family: 'Times New Roman';">T</span><span style="font-family: 'Times New Roman';">he subsidiary IPP received a tax assessment related to the IRPJ and CSLL resulting from the alleged undue amortization of the goodwill paid on acquisition of a subsidiary, in the amount of R$ </span><span style="font-family: 'Times New Roman';">218,589</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, <span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';"> (R$ </span><span style="font-family: 'Times New Roman';">212,350</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of December 31, 20</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';">, which includes the amount of the income taxes, interest and penalty. </span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">b.2 Contingent </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">l</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">iabilities for </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">c</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ivil, </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">e</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">nvironmental and </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">r</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">egulatory </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">c</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">laims </span></span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The Company and its subsidiaries have contingent liabilities for civil, </span><span style="font-family: 'Times New Roman';">environmental</span><span style="font-family: 'Times New Roman';"> and regulatory claims in the amount of R$</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">771,695</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, <span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';"> (R$</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">561,713</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of December 31, 20</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';">), mainly represented by:</span></span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">b.2.1</span><span style="font-family: 'Times New Roman';"> The subsidiary Cia. Ultragaz is party to an administrative proceeding before CADE based on alleged anti-competitive practices in the State of Minas Gerais in 2001. The CADE entered a decision against Cia. Ultragaz and imposed a penalty of R$ </span><span style="font-family: 'Times New Roman';">34,162</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, <span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';"> (R$ </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">33,895</span></span><span style="font-family: 'Times New Roman';">&#160;</span><span style="font-family: 'Times New Roman';">as of December 31, 20</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';">). The imposition of such administrative decision was suspended by a court order and its merit is being judicially reviewed.</span></span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">b.2.2</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"> </span><span style="font-family: 'Times New Roman';">The subsidiary </span><span style="font-family: 'Times New Roman';">Cia. </span><span style="font-family: 'Times New Roman';">Ultragaz has </span><span style="font-family: 'Times New Roman';">lawsuits totaling </span><span style="font-family: 'Times New Roman';">the amount of R$ </span><span style="font-family: 'Times New Roman';">233,426</span><span style="font-family: 'Times New Roman';"> (R$ 186,381 on December 31, 2020) filed by resellers seeking the declaration of nullity and termination of distribution contracts, in addition to indemnities for losses and damages.</span></span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">b.2.3</span><span style="font-family: 'Times New Roman'; font-weight: bold;"> </span><span style="font-family: 'Times New Roman';">The subsidiary IPP</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">became party to </span><span style="font-family: 'Times New Roman';">an</span><span style="font-family: 'Times New Roman';"> administrative proceeding filed by CADE,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">related to allegations of anti-competitive practices in the </span><span style="font-family: 'Times New Roman';">Distrito Federal</span><span style="font-family: 'Times New Roman';"> which was </span><span style="font-family: 'Times New Roman';">established</span><span style="font-family: 'Times New Roman';"> in June 2020, </span><span style="font-family: 'Times New Roman';">arising from a preliminary investigation started in 2009. IPP has already presented its defense and the proceeding is in the evidentiary stage</span><span style="font-family: 'Times New Roman';">. </span><span style="font-family: 'Times New Roman';">In</span><span style="font-family: 'Times New Roman';"> 2020</span><span style="font-family: 'Times New Roman';"> and 2019</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">IPP received </span><span style="font-family: 'Times New Roman';">two</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">fine</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">in the amount of R$ 8,187</span><span style="font-family: 'Times New Roman';"> and R$ 40,693</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">for allegedly influencing uniform commercial conduct among fuel resellers</span><span style="font-family: 'Times New Roman';"> around</span><span style="font-family: 'Times New Roman';"> the </span><span style="font-family: 'Times New Roman';">city</span><span style="font-family: 'Times New Roman';"> of </span><span style="font-family: 'Times New Roman';">Belo Horizonte, state of Minas Gerais</span><span style="font-family: 'Times New Roman';"> and in Joinville, Santa Catarina</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">T</span><span style="font-family: 'Times New Roman';">he IPP submitted both decisions to judicial review and in both </span><span style="font-family: 'Times New Roman';">cases</span><span style="font-family: 'Times New Roman';"> decisions were issued suspending the enforceability of fines due to the judicial guarantees presented.</span><span style="font-family: 'Times New Roman';"> Management supported by their external legal advisors classify the likelihood of loss as remote.</span></span></p>

<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; text-align: justify;"><br/></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">b.2.</span><span style="font-family: 'Times New Roman'; font-weight: bold;">4</span><span style="font-family: 'Times New Roman';"> On November 29, </span><span style="font-family: 'Times New Roman';">2016</span><span style="font-family: 'Times New Roman';"> a technical opinion was issued by the Operational Support Center for Execution (Centro de </span><span style="font-family: 'Times New Roman';">Apoio</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Operacional</span><span style="font-family: 'Times New Roman';"> &#224; </span><span style="font-family: 'Times New Roman';">Execu&#231;&#227;o</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">&#8211;</span><span style="font-family: 'Times New Roman';"> CAEX), a technical body linked to the S&#227;o Paulo State Public Prosecutor (&#8220;MPE&#8221;), presenting a proposal of compensation for the alleged environmental damages caused by the fire on April 2<sup>nd</sup></span><span style="font-family: 'Times New Roman';">, 2015 at the Santos Terminal of the subsidiary </span><span style="font-family: 'Times New Roman';">Ultracargo</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Log</span><span style="font-family: 'Times New Roman';">&#237;</span><span style="font-family: 'Times New Roman';">stica</span><span style="font-family: 'Times New Roman';">. This technical opinion is non-binding, with no condemnatory or sanctioning nature, and will still be evaluated by the authorities and parties. The subsidiary </span><span style="font-family: 'Times New Roman';">disagrees with the methodology and the assumptions adopted in the proposal and</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">is negotiating an agreement with the MPE and the Brazilian Federal Public Prosecutor (&#8220;MPF&#8221;), </span><span style="font-family: 'Times New Roman';">since the beginning of the investigation </span><span style="font-family: 'Times New Roman';">and currently there is no </span><span style="font-family: 'Times New Roman';">civil </span><span style="font-family: 'Times New Roman';">lawsuit filed on the matter. The negotiations relate to </span><span style="font-family: 'Times New Roman'; font-style: italic;">in natura</span><span style="font-family: 'Times New Roman';"> repair of the any damages</span><span style="font-family: 'Times New Roman';">. T</span><span style="font-family: 'Times New Roman';">hus, on May 15, 2019, the subsidiary </span><span style="font-family: 'Times New Roman';">Ultracargo</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Log</span><span style="font-family: 'Times New Roman';">&#237;</span><span style="font-family: 'Times New Roman';">stica</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">signed</span><span style="font-family: 'Times New Roman';"> a Partial Conduct Adjustment Commitment Agreement (&#8220;TAC&#8221;) </span><span style="font-family: 'Times New Roman';">in the amount of R$ 67,539 </span><span style="font-family: 'Times New Roman';">with the MPE and MPF to compensate for diffuse and collective damages of any kind arising from the fish mortality and the damage caused to the ichthyofauna. </span><span style="font-family: 'Times New Roman';">The n</span><span style="font-family: 'Times New Roman';">egotiation on compensation for other alleged damages are still ongoing and once concluded</span><span style="font-family: 'Times New Roman';">, the payments related to the project costs may affect the </span><span style="font-family: 'Times New Roman';">future </span><span style="font-family: 'Times New Roman';">Company&#8217;s f</span><span style="font-family: 'Times New Roman';">inancial statements</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The MPF filed a&#160;</span><span style="font-family: 'Times New Roman';">criminal case against</span><span style="font-family: 'Times New Roman';">&#160;</span><span style="font-family: 'Times New Roman';">the subsidiary </span><span style="font-family: 'Times New Roman';">Ultracargo</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Log&#237;stica</span><span style="font-family: 'Times New Roman';">, which</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">was summoned and replied to the </span><span style="font-family: 'Times New Roman';">complaint</span><span style="font-family: 'Times New Roman';"> on June 19</span><span style="font-family: 'Times New Roman';">, 2018</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">On September 12, 2019, at a hearing in the federal court of Santos, the MPF and </span><span style="font-family: 'Times New Roman';">Ultracargo</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Log&#237;stica</span><span style="font-family: 'Times New Roman';"> agreed, and the judicial authority approved, the conditional suspension of the criminal proceedings for a period of 2 years, when </span><span style="font-family: 'Times New Roman';">Ultracargo</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Log&#237;stica</span><span style="font-family: 'Times New Roman';"> shall then prove compliance with the execution of the Partial TAC signed, with the obligation of a complementary allocation of R$ 13,000 to </span><span style="font-family: 'Times New Roman';">TAC and </span><span style="font-family: 'Times New Roman';">the Fisheries Management Project, to obtain the definitive filing of the process</span><span style="font-family: 'Times New Roman';">. </span><span style="font-family: 'Times New Roman';">On February 4, 2021, the subsidiary paid the remaining balance referring to the TAC, without pending and/or additional financial obligation arising from such commitment assumed. </span><span style="font-family: 'Times New Roman';">In addition, </span><span style="font-family: 'Times New Roman';">as of</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">3</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, <span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, there </span><span style="font-family: 'Times New Roman';">are</span><span style="font-family: 'Times New Roman';"> contingent liabilities</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">related to lawsuits in the amount of </span><span style="font-family: 'Times New Roman';">R$ </span><span style="font-family: 'Times New Roman';">2,022</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">(R$&#160;</span><span style="font-family: 'Times New Roman';">4,428</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of</span><span style="font-family: 'Times New Roman';"> December 31, 20</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';">. </span><span style="font-family: 'Times New Roman';">Between </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2020</span></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, <span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">21</span></span><span style="font-family: 'Times New Roman';">, there </span><span style="font-family: 'Times New Roman';">were</span><span style="font-family: 'Times New Roman';"> no</span><span style="font-family: 'Times New Roman';"> extrajudicial </span><span style="font-family: 'Times New Roman';">claims</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">b.3 Contingent </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">l</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">iabilities for </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">l</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">abor </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">m</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">atters </span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The Company and its subsidiaries have contingent liabilities for labor matters in the amount of R$</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">246,443</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, <span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">(R$ </span><span style="font-family: 'Times New Roman';">256,269</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of December 31,</span><span style="font-family: 'Times New Roman';"> <span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">c.</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Lubricants operation between IPP and Chevron</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">In the process of </span><span style="font-family: 'Times New Roman';">transaction</span><span style="font-family: 'Times New Roman';"> of </span><span style="font-family: 'Times New Roman';">the lubricants</span><span style="font-family: 'Times New Roman';">'</span><span style="font-family: 'Times New Roman';"> operation in Brazil between Chevron and subsidiary </span><span style="font-family: 'Times New Roman';">IPP ,</span><span style="font-family: 'Times New Roman';"> it was agreed that each shareholder is responsible for any claims arising out of acts, facts or omissions that occurred prior to the </span><span style="font-family: 'Times New Roman';">transaction</span><span style="font-family: 'Times New Roman';">. T</span><span style="font-family: 'Times New Roman';">he liability provisions of the Chevron shareholder in the amount of R$ </span><span style="font-family: 'Times New Roman';">19,724</span><span style="font-family: 'Times New Roman';">&#160;(R</span><span style="font-family: 'Times New Roman';">$ </span><span style="font-family: 'Times New Roman';">101,663</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of December 31, 20</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';"> are reflected in the consolidation of these</span><span style="font-family: 'Times New Roman';"> financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';">. Additionally, in connection with the business combination, a provision in the amount of R$ 198,900 was recognized on December 1, </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2017</span></span><span style="font-family: 'Times New Roman';"> due contingent liabilities</span><span style="font-family: 'Times New Roman';">, amounted </span><span style="font-family: 'Times New Roman';">to </span><span style="font-family: 'Times New Roman';">R</span><span style="font-family: 'Times New Roman';">$</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">101,267</span><span style="font-family: 'Times New Roman';"> as</span><span style="font-family: 'Times New Roman';"> of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, <span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';"> (R$</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">102,777</span></span><span style="font-family: 'Times New Roman';">&#160;</span><span style="font-family: 'Times New Roman';">as of December 31, 20</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';">. The amounts of provisions of Chevron's liability </span><span style="font-family: 'Times New Roman';">recognized in the business combination </span><span style="font-family: 'Times New Roman';">will be reimbursed to subsidiary </span><span style="font-family: 'Times New Roman';">Iconic</span><span style="font-family: 'Times New Roman';"> in the event of losses and an indemnity asset </span><span style="font-family: 'Times New Roman';">was</span><span style="font-family: 'Times New Roman';"> hereby constituted in the same amount</span><span style="font-family: 'Times New Roman';">, without the need to establish a provision for uncollectible amounts</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">P</span><span style="font-family: 'Times New Roman';">art of the provision of the Chevron related to the ICMS tax assessment (R$ 81,060)</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> for the period from July 1996 to Dec</span><span style="font-family: 'Times New Roman';">ember </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1997</span></span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> was definitively extinguished through the payment made</span><span style="font-family: 'Times New Roman';"> by the Chevron</span><span style="font-family: 'Times New Roman';"> in the tax amnesty program, established by the Agreement ICMS/RJ No. <span style="border-left: none; border-right: none;">51</span>/<span style="border-left: none; border-right: none;">2020</span> (Decree/RJ No. <span style="border-left: none; border-right: none;">47</span></span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">332</span>/<span style="border-left: none; border-right: none;">2020</span> and State Law of RJ No. <span style="border-left: none; border-right: none;">9,041</span>/<span style="border-left: none; border-right: none;">2020</span>) on April 16, 2021.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The </span><span style="font-family: 'Times New Roman';">value</span><span style="font-family: 'Times New Roman';"> of the provision of the Chevron indemnification&#160;</span><span style="font-family: 'Times New Roman';">in the amount </span><span style="font-family: 'Times New Roman';">of R$ </span><span style="font-family: 'Times New Roman';">19,724</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> refers to: </span><span style="font-family: 'Times New Roman';">(</span><span style="font-family: 'Times New Roman';">i</span><span style="font-family: 'Times New Roman';">) </span><span style="font-family: 'Times New Roman';">R$ <span style="border-left: none; border-right: none;">17,231</span></span><span style="font-family: 'Times New Roman';">&#160;</span><span style="font-family: 'Times New Roman';">ICMS assessments on sales for industrial purposes, in which the STF closed the judgment of the thesis unfavorably to taxpayers; </span><span style="font-family: 'Times New Roman';">(</span><span style="font-family: 'Times New Roman';">ii</span><span style="font-family: 'Times New Roman';">) </span><span style="font-family: 'Times New Roman';">R$ </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2,207</span></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">labor claims</span><span style="font-family: 'Times New Roman';"> a</span><span style="font-family: 'Times New Roman';">nd (iii)</span><span style="font-family: 'Times New Roman';"> R$ 285</span><span style="font-family: 'Times New Roman';">&#160;</span><span style="font-family: 'Times New Roman';">civil, </span><span style="font-family: 'Times New Roman';">regulatory</span><span style="font-family: 'Times New Roman';"> and environmental claims.</span></span></p>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147279443608">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Deferred Revenue<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
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<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredRevenueAbstract', window );"><strong>Deferred Revenue [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
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<td class="text">
<p style="margin: 0pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;"><span style="border-left: none; border-right: none;">24</span></span><span style="font-family: 'Times New Roman'; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-weight: bold;">Deferred </span><span style="font-family: 'Times New Roman'; font-weight: bold;">r</span><span style="font-family: 'Times New Roman'; font-weight: bold;">evenue</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The subsidiaries </span><span style="font-family: 'Times New Roman';">of the Company </span><span style="font-family: 'Times New Roman';">have recognized the following deferred revenue:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 73%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#8216;am/pm&#8217; and Jet Oil franchising upfront fee (a) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 420 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; width: 1%;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 814 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Loyalty program &#8220;Km de Vantagens&#8221; (b) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 5,205 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 15,424 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Loyalty program &#8220;Clube Extrafarma&#8221; (b) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,044 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total current </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 5,625 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 18,282 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
</tr>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">a. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Franchising </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">u</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">pfront </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">f</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ee&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">am/pm is the convenience stores chain of the </span><span style="font-family: 'Times New Roman';">Ipiranga</span><span style="font-family: 'Times New Roman';"> service stations and </span><span style="font-family: 'Times New Roman';">o</span><span style="font-family: 'Times New Roman';">n December 31, </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">202</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';"> had </span><span style="font-family: 'Times New Roman';">8</span><span style="font-family: 'Times New Roman';"> stores</span><span style="font-family: 'Times New Roman';"> (unaudited)&#160;</span><span style="font-family: 'Times New Roman';">with initial deferred franchising upfront fee</span><span style="font-family: 'Times New Roman';"> as the requirements for recognition in income have not yet been met (20 stores (unaudited) as of December 31, 2020). In <span style="border-left: none; border-right: none;">2021</span>, 90 stores (unaudited) were opened in total </span><span style="font-family: 'Times New Roman';">(58</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">stores</span><span style="font-family: 'Times New Roman';"> (unaudited) opened </span><span style="font-family: 'Times New Roman';">i</span><span style="font-family: 'Times New Roman';">n <span style="border-left: none; border-right: none;">2020</span>)</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Jet Oil</span><span style="font-family: 'Times New Roman';"> i</span><span style="font-family: 'Times New Roman';">s the network specialized in oil changes and automotive services at </span><span style="font-family: 'Times New Roman';">Ipiranga</span><span style="font-family: 'Times New Roman';"> gas stations and as of December 31, 2021, it had </span><span style="font-family: 'Times New Roman';">8</span><span style="font-family: 'Times New Roman';"> stores (unaudited) opened with initial </span><span style="font-family: 'Times New Roman';">deferred </span><span style="font-family: 'Times New Roman';">franchise</span><span style="font-family: 'Times New Roman';"> upfront</span><span style="font-family: 'Times New Roman';"> fee </span><span style="font-family: 'Times New Roman';">as the requirements for recognition in income have not yet been met (4 stores (unaudited) as of December 31, 2020). In <span style="border-left: none; border-right: none;">2021</span>, 45 stores (unaudited) were opened in total</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">(45 stores (unaudited) opened </span><span style="font-family: 'Times New Roman';">in</span><span style="font-family: 'Times New Roman';"> <span style="border-left: none; border-right: none;">2020</span>)</span><span style="font-family: 'Times New Roman';">. </span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">For more information</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">on the deferred income from the initial franchise fee</span><span style="font-family: 'Times New Roman';"> see Note <span style="border-left: none; border-right: none;">2</span>.a.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">b. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Loyalty </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">p</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">rogram</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">s</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The</span><span style="font-family: 'Times New Roman';"> loyalty program called K</span><span style="font-family: 'Times New Roman';">M</span><span style="font-family: 'Times New Roman';"> de </span><span style="font-family: 'Times New Roman';">Vantagens</span><span style="font-family: 'Times New Roman';">&#160;</span><span style="font-family: 'Times New Roman';">under which registered customers are rewarded with points when they buy products </span><span style="font-family: 'Times New Roman';">in several partners, including </span><span style="font-family: 'Times New Roman';">the </span><span style="font-family: 'Times New Roman';">Ipiranga</span><span style="font-family: 'Times New Roman';">&#8217;s</span><span style="font-family: 'Times New Roman';"> service station</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">was</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">transferred</span><span style="font-family: 'Times New Roman';"> to </span><span style="font-family: 'Times New Roman';">Abastece</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">a</span><span style="font-family: 'Times New Roman';">&#237;</span><span style="font-family: 'Times New Roman';"> (www.abasteceai.com.br). The </span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';">ubsidiary </span><span style="font-family: 'Times New Roman';">IPP </span><span style="font-family: 'Times New Roman';">remains a partner in the program, offering cashback to </span><span style="font-family: 'Times New Roman';">its</span><span style="font-family: 'Times New Roman';"> customers </span><span style="font-family: 'Times New Roman';">based on the limits negotiated under the terms of the partnership, where, after the customer </span><span style="font-family: 'Times New Roman';">meet the requirements for the right to the benefit, </span><span style="font-family: 'Times New Roman';">Abastece</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">a&#237;</span><span style="font-family: 'Times New Roman';"> i</span><span style="font-family: 'Times New Roman';">mmediately credits the amount to the customer's virtual wallet and charges I</span><span style="font-family: 'Times New Roman';">PP</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">which reimburses </span><span style="font-family: 'Times New Roman';">Abastece</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">a&#237;</span><span style="font-family: 'Times New Roman';"> a</span><span style="font-family: 'Times New Roman';">nd recognizes </span><span style="font-family: 'Times New Roman';">the same amount </span><span style="font-family: 'Times New Roman';">as </span><span style="font-family: 'Times New Roman';">reduction</span><span style="font-family: 'Times New Roman';"> in sales</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">At the end of each year, the </span><span style="font-family: 'Times New Roman';">subsidiary</span><span style="font-family: 'Times New Roman';"> IPP assesses the points available to its customers with the potential to become cashback in future years and recognizes such probability as deferred income.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Subsidiary </span><span style="font-family: 'Times New Roman';">Extrafarma</span><span style="font-family: 'Times New Roman';"> has a loyalty program called </span><span style="font-family: 'Times New Roman';">Clube </span><span style="font-family: 'Times New Roman';">Extrafarma</span><span style="font-family: 'Times New Roman';">&#160;under which registered customers are rewarded with points when they buy products at its drugstore chain. The customers may exchange these points, during the period of </span><span style="font-family: 'Times New Roman';"><span style="-sec-ix-hidden:Tag7847">six</span></span><span style="font-family: 'Times New Roman';">&#160;months, for</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">discounts in products at its drugstore chain</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">recharge credit on a mobile phone, and</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">prizes</span><span style="font-family: 'Times New Roman';"> offered by partners</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Multiplus</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Fidelidade</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Ipiranga</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">through</span><span style="font-family: 'Times New Roman';"> Km de </span><span style="font-family: 'Times New Roman';">Vantagens</span><span style="font-family: 'Times New Roman';">. </span><span style="font-family: 'Times New Roman';">Points received by </span><span style="font-family: 'Times New Roman';">Extrafarma&#8217;s</span><span style="font-family: 'Times New Roman';"> customers are </span><span style="font-family: 'Times New Roman';">recognized as a reduction</span><span style="font-family: 'Times New Roman';"> of</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">revenue from sales and services</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">On December 31, 2021, the balance </span><span style="font-family: 'Times New Roman';">in the amount of R$ 927 </span><span style="font-family: 'Times New Roman';">was reclassified to a liability held for sale</span><span style="font-family: 'Times New Roman';">.&#160;&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Deferred revenue is </span><span style="font-family: 'Times New Roman';">estimated </span><span style="font-family: 'Times New Roman';">based on the fair value of the points granted, considering the value of the </span><span style="font-family: 'Times New Roman';">prizes</span><span style="font-family: 'Times New Roman';"> and the expected redemption of </span><span style="font-family: 'Times New Roman';">these </span><span style="font-family: 'Times New Roman';">points.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">For more information on deferred revenue from loyalty program, see Note </span><span style="font-family: 'Times New Roman';">2.a.</span></span></p>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147279040040">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Subscription warrants - indemnification<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
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<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfSubscriptionWarrantsIndemnificationAbstract', window );"><strong>Disclosure of Subscription Warrants Indemnification [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfSubscriptionWarrantsExplanatory', window );">Subscription warrants - indemnification</a></td>
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<p><span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"><span style="border-left: none; border-right: none;">25</span></span><span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">.</span><span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">&#160;</span><span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Subscription </span><span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">w</span><span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">arrants &#8211; </span><span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">i</span><span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">ndemnification</span><br/></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Because of the association between the Company and </span><span style="font-family: 'Times New Roman';">Extrafarma</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">o</span><span style="font-family: 'Times New Roman';">n January 31, 2014, <span style="border-left: none; border-right: none;">7</span> subscription warrants &#8211; indemnification </span><span style="font-family: 'Times New Roman';">were&#160;</span><span style="font-family: 'Times New Roman';">issued, corresponding to up to </span><span style="font-family: 'Times New Roman';">6,411,244</span><span style="font-family: 'Times New Roman';"> shares</span><span style="font-family: 'Times New Roman';"> of the Company</span><span style="font-family: 'Times New Roman';">. The subscription warrants &#8211; indemnification could be exercised </span><span style="font-family: 'Times New Roman';">beginning</span><span style="font-family: 'Times New Roman';"> <span style="border-left: none; border-right: none;">2020</span> </span><span style="font-family: 'Times New Roman';">by the former shareholders of </span><span style="font-family: 'Times New Roman';">Extrafarma</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and are adjusted according to the changes in the amounts of provisions for tax, civil, and labor risks and contingent liabilities related to the period prior to January 31, 2014. The subscription warrants &#8211; indemnification&#8217;s fair value is measured based on the share price of Ultrapar (UGPA<span style="border-left: none; border-right: none;">3</span>) and is reduced by the dividend yield until <span style="border-left: none; border-right: none;">2020</span>, since the exercise is possible only from <span style="border-left: none; border-right: none;">2020</span>, and they are not entitled to dividends </span><span style="font-family: 'Times New Roman';">while they are not converted into shares</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">On February 23, 2022 the issuance of 43,925 common shares (see Note 35) and August 11, 2021, February 24, 2021, August 12, 2020 and February 19, 2020, the Company&#8217;s Board of Directors approved, the issuance of&#160;31,032, 70,939, 86,978 and&#160;2,108,542, <span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">respectively,&#160;</span>common shares within the authorized capital limit provided by the article&#160;6 of the Bylaws, due to the partial exercise of the rights conferred by the subscription warrants issued by the Company at the time of the merger of all Extrafarma shares into the Company, approved by the Extraordinary General Meeting ("EGM") of the Company held on January 31, 2014. &#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">As set out in the association agreement between the Company and </span><span style="font-family: 'Times New Roman';">Extrafarma</span><span style="font-family: 'Times New Roman';"> of January 31, </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2014</span></span><span style="font-family: 'Times New Roman';"> and due to the unfavorable decisions on some lawsuits</span><span style="font-family: 'Times New Roman';">&#160;with triggering</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">events prior to</span><span style="font-family: 'Times New Roman';"> January 31, 2014, </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">578,538</span></span><span style="font-family: 'Times New Roman';">&#160;shares linked to the subscription warrants </span><span style="font-family: 'Times New Roman';">&#8211;</span><span style="font-family: 'Times New Roman';"> indemnification were canceled and </span><span style="font-family: 'Times New Roman';">not</span><span style="font-family: 'Times New Roman';"> issue</span><span style="font-family: 'Times New Roman';">d</span><span style="font-family: 'Times New Roman';">. </span><span style="font-family: 'Times New Roman';">On </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, <span style="border-left: none; border-right: none;">2021</span></span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">3,527,934</span></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">shares</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">were</span><span style="font-family: 'Times New Roman';"> retained linked to subscription warrants </span><span style="font-family: 'Times New Roman';">&#8211;</span><span style="font-family: 'Times New Roman';"> indemnification which </span><span style="font-family: 'Times New Roman';">will</span><span style="font-family: 'Times New Roman';"> be issued </span><span style="font-family: 'Times New Roman';">or canceled </span><span style="font-family: 'Times New Roman';">as the final decisions&#160;</span><span style="font-family: 'Times New Roman';">on the lawsuits are determined,</span><span style="font-family: 'Times New Roman';">&#160;</span><span style="font-family: 'Times New Roman';">the maximum number of shares that can be issued in the future, total R$ </span><span style="font-family: 'Times New Roman';">51,296 (R$ 86,439 as of December 31, 2020)</span><span style="font-family: 'Times New Roman';">.&#160;</span></span></p>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure of subscription warrants - indemnification.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147278984184">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Equity<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_EquityAbstract', window );"><strong>Equity [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory', window );">Equity</a></td>
<td class="text">
<p style="margin: 0pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;"><span style="border-left: none; border-right: none;">26</span>. </span><span style="font-family: 'Times New Roman'; font-weight: bold;">Equity</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">a. Share </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">c</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">apital</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">On </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">20</span><span style="font-family: 'Times New Roman';">2</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';"> t</span><span style="font-family: 'Times New Roman';">he subscribed and paid-in capital stock consists of </span><span style="font-family: 'Times New Roman';">1,115,107,683</span><span style="font-family: 'Times New Roman';">&#160;(</span><span style="font-family: 'Times New Roman';">1,115,005,712</span><span style="font-family: 'Times New Roman';"> as of December 31, 20</span><span style="font-family: 'Times New Roman';">20</span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';"> common shares with no par value</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and the issuance of preferred shares and participation certificates is prohibited.</span><span style="font-family: 'Times New Roman';">&#160;</span><span style="font-family: 'Times New Roman';">Each common share entitles its holder to one vote at Shareholders&#8217; Meetings.&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">As of</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">20</span><span style="font-family: 'Times New Roman';">2</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';"> there were </span><span style="font-family: 'Times New Roman';">50,374,275</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">common shares outstanding abroad in the form of ADRs</span><span style="font-family: 'Times New Roman';"> (</span><span style="font-family: 'Times New Roman';">47,413,094</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">shares </span><span style="font-family: 'Times New Roman';">as of December</span><span style="font-family: 'Times New Roman';"> 31</span><span style="font-family: 'Times New Roman';">, 20</span><span style="font-family: 'Times New Roman';">20</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and </span><span style="font-family: 'Times New Roman';">46,518,315 shares as of December 31, 2019</span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';">.</span></span><br/></p>
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<div id="t_ft_F8T096F0KW00000000000000000000b">

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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">b.</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Equity instrument granted</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The Company has a </span><span style="font-family: 'Times New Roman';">share-based incentive plan, which establishes the general terms and conditions for the concession of common shares issued by the Company held in treasury (see </span><span style="font-family: 'Times New Roman';">N</span><span style="font-family: 'Times New Roman';">ote </span><span style="font-family: 'Times New Roman';">9</span><span style="font-family: 'Times New Roman';">.c).</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">c.</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Treasury </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">s</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">hares</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The Company acquired its own shares at market prices, without capital reduction, to be held in treasury and to be subsequently disposed of or cancelled. </span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">As of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">20</span><span style="font-family: 'Times New Roman';">2</span><span style="font-family: 'Times New Roman';">1, </span><span style="font-family: 'Times New Roman';">23,756,393</span><span style="font-family: 'Times New Roman';"> common shares (24,739,626 as of December 31, </span><span style="font-family: 'Times New Roman';">20</span><span style="font-family: 'Times New Roman';">20</span><span style="font-family: 'Times New Roman';"> and </span><span style="font-family: 'Times New Roman';">26,780,298 as of December 31, 2019</span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">were held in the Company's treasury, acquired at an average cost of R$ </span><span style="font-family: 'Times New Roman';">18.13</span><span style="font-family: 'Times New Roman';"> (R$ 19.77 as of December 31, 20</span><span style="font-family: 'Times New Roman';">20</span><span style="font-family: 'Times New Roman';"> and R$ 18.12 as of December 31, 201</span><span style="font-family: 'Times New Roman';">9</span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">d.</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Capital </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">r</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">eserve </span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The capital reserve reflects the gain on the transfer of shares at market price used in the Deferred Stock Plan granted to executives of the subsidiaries</span><span style="font-family: 'Times New Roman';"> of the Company</span><span style="font-family: 'Times New Roman';">, as mentioned in Note </span><span style="font-family: 'Times New Roman';">9</span><span style="font-family: 'Times New Roman';">.c.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Because </span><span style="font-family: 'Times New Roman';">of </span><span style="font-family: 'Times New Roman';">Extrafarma</span><span style="font-family: 'Times New Roman';">&#8217;</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> associa</span><span style="font-family: 'Times New Roman';">tion</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">in</span><span style="font-family: 'Times New Roman';"> 2014</span><span style="font-family: 'Times New Roman';"> the Company recognized an increase in the capital reserves in the amount of R$ 498,812, due to the difference between the value attributable to share capital and the market value of the Ultrapar shares on the date of issu</span><span style="font-family: 'Times New Roman';">anc</span><span style="font-family: 'Times New Roman';">e</span><span style="font-family: 'Times New Roman';">, deducted </span><span style="font-family: 'Times New Roman';">by </span><span style="font-family: 'Times New Roman';">R$ 2,260 related to the</span><span style="font-family: 'Times New Roman';"> incurred costs directly attributable to issuing new shares</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';"> Additionally, </span><span style="font-family: 'Times New Roman';">August 11</span><span style="font-family: 'Times New Roman';">, 2021</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> February 24, </span><span style="font-family: 'Times New Roman';">2021</span><span style="font-family: 'Times New Roman';">, August 12, 2020 and on February 19, 2020</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';">&#160;and, there was an increase in the reserve </span><span style="font-family: 'Times New Roman';">in the</span><span style="font-family: 'Times New Roman';"> amount of R$ 448</span><span style="font-family: 'Times New Roman';">, R$ 1,371</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> R$ 1,691</span><span style="font-family: 'Times New Roman';"> and R$ 53,072</span><span style="font-family: 'Times New Roman';">, respectively</span><span style="font-family: 'Times New Roman';">, due to the partial exercise of the subscription warrants &#8211; indemnification (see note </span><span style="font-family: 'Times New Roman';">25</span><span style="font-family: 'Times New Roman';">).</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">e.</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Revaluation </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">r</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">eserve</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The revaluation reserve</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">recognized</span><span style="font-family: 'Times New Roman';"> prior to the adoption of </span><span style="font-family: 'Times New Roman';">the international accounting standards (IFRS)</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> reflects the revaluation of assets of subsidiaries and is based on depreciation, write-off, or disposal of the revalued assets of the subsidiaries, as well as the tax effects recognized by these subsidiaries.</span></span></p>
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<div id="t_ft_QHEJTEK4LS00000000000000000000b">

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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">f.</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Profit </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">r</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">eserves</span></span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">f.1 </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Legal </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">r</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">eserve</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Under Brazilian Corporate Law, the Company is required to </span><span style="font-family: 'Times New Roman';">allocate</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">5% of net annual earnings to a legal reserve, until the balance reaches 20% of </span><span style="font-family: 'Times New Roman';">share </span><span style="font-family: 'Times New Roman';">capital. </span><span style="font-family: 'Times New Roman';">As of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';">, 2021, the legal reserve totaled R$ 791,083 (R$ </span><span style="font-family: 'Times New Roman';">750,010</span><span style="font-family: 'Times New Roman';"> as of December 31, 2020). </span><span style="font-family: 'Times New Roman';">This reserve may be used to increase capital or </span><span style="font-family: 'Times New Roman';">to </span><span style="font-family: 'Times New Roman';">absorb losses but may not be distributed as dividends.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">f.</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">2</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"> </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Investments </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">r</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">eserve</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">In compliance with Article 194 of the Brazilian Corporate Law and Article 54.b) of the Bylaws this reserve is aimed to protect the integrity of the Company&#8217;s assets and to supplement its capital stock, </span><span style="font-family: 'Times New Roman';">in order to</span><span style="font-family: 'Times New Roman';"> allow new investments to be made. As provided in </span><span style="font-family: 'Times New Roman';">its</span><span style="font-family: 'Times New Roman';"> Bylaws, the Company may allocate up to 50% of </span><span style="font-family: 'Times New Roman';">the annual </span><span style="font-family: 'Times New Roman';">net income, after deducting the legal reserve, to the investments reserve</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> up to the limit of 100% of the </span><span style="font-family: 'Times New Roman';">share </span><span style="font-family: 'Times New Roman';">capital.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The investments reserve </span><span style="font-family: 'Times New Roman';">is </span><span style="font-family: 'Times New Roman';">free of distribution restrictions and totaled R$ </span><span style="font-family: 'Times New Roman';">4,073,876</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';">, 20</span><span style="font-family: 'Times New Roman';">2</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">(R$ </span><span style="font-family: 'Times New Roman';">3,658,265</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of</span><span style="font-family: 'Times New Roman';"> December 31, </span><span style="font-family: 'Times New Roman';">20</span><span style="font-family: 'Times New Roman';">20</span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">g.</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Other comprehensive income</span></span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="font-size: 10pt; font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">g.1&#160;Other reserves</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_IP1LZ023SG00000000000000000000b">
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">
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<td style="width: 5%; text-align: center; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(i)</span></td>
<td style="width: 95%; text-align: justify;"><span style="font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Gains and losses on the hedging instruments of exchange rate related to firm commitment and highly probable transactions designated as cash flows hedges are recognized in equity as &#8220;other reserves&#8221;. Gains and losses are reclassified to initial cost of non-financial assets recognized in&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">statements of&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">profit or loss&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">at the moment</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;of paid off of the hedge instrument.</span></span></td>
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<td style="text-align: justify;"><br/></td>
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<td style="text-align: center; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(ii)</span></td>
<td style="text-align: justify;"><span style="font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">The differences between the fair value of financial investments measured at fair value through other comprehensive income and the initial&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">amount</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;of financial investments plus the earned income and the foreign currency exchange variation are recognized in equity as <span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">other reserves</span>. Gains and losses are reclassified to statements of profit or loss when the financial investment is settled.</span></span><br/></td>
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<td style="text-align: justify;"><br/></td>
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<td style="text-align: center; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(iii)</span></td>
<td style="text-align: justify;"><span style="font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Actuarial g</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">ains&#160;and losses relating to post-employment benefits, calculated based on a valuation conducted by an independent actuary, are recognized in equity&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">under&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">the title&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#8220;<span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">other reserves</span></span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#8221;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">.&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Actuarial g</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">ains&#160;and losses recorded in equity are&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">not&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">reclassified to profit or loss in&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">subsequent periods</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">.</span></span></td>
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<td style="text-align: center; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(iv)</span></td>
<td style="text-align: justify;"><span style="font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">The Company&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">also&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">recognizes in this&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">item</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;the effect of changes in the non-controlling interest in subsidiaries that do not result in loss of control. This amount corresponds to the difference between the amount by which the non</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">-</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">controlling interest was&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">adjusted</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;and the fair value of the consideration received or paid and represents a transaction with shareholders.</span></span></td>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<div id="t_ft_GJDSSSD03400000000000000000000b">

</div>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Balance and changes in <span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">other reserves</span> of the </span><span style="font-family: 'Times New Roman';">Company</span><span style="font-family: 'Times New Roman';"> are as follows:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_M54HF53XQO00000000000000000000b">
<table cellpadding="0" style="height: 265px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
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<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
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<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Fair value of cash flow hedging instruments (i) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; width: 1.78571%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; border-bottom: 1pt solid #000000; width: 9.97024%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Fair value of financial instruments (ii) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; width: 1.33929%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; width: 1.6369%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; border-bottom: 1pt solid #000000; width: 9.97024%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Actuarial (loss) gain of post-employment benefits (iii) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; width: 1.33929%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; width: 1.78571%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; border-bottom: 1pt solid #000000; width: 9.97024%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Non-controlling shareholders interest change (iv) </span></p>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; width: 1.4556%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; width: 1.78571%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; border-bottom: 1pt solid #000000; width: 9.52381%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; width: 1.4881%;"><br/></td>
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<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2018 </span></p>
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<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (243,336 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (273 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.33929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.6369%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (17,749 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.33929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 197,369 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4556%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.52381%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (63,989 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; width: 36.756%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Changes in fair value of financial instruments </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.82143%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (76,479 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 478 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.6369%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4556%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.52381%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (76,001 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;">)</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px; width: 36.756%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> IRPJ and CSLL on fair value </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.82143%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 23,683 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.6369%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4556%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.52381%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 23,683 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; width: 36.756%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Actuarial loss of post-employment benefits </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.82143%;">
<p style="margin: 0pt; text-align: right;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.6369%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (41,794 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4556%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.52381%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (41,794 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;">)</td>
</tr>
<tr style="height: 22px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 22px; width: 36.756%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Income and social contribution taxes on actuarial losses </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; border-bottom: 1pt solid #000000; width: 9.82143%;">
<p style="margin: 0pt; text-align: right;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; border-bottom: 1pt solid #000000; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;">-</p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; width: 1.6369%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; border-bottom: 1pt solid #000000; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 11,784 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; border-bottom: 1pt solid #000000; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; width: 1.4556%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; border-bottom: 1pt solid #000000; width: 9.52381%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 11,784 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; width: 1.4881%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 36.756%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2019 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.82143%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (296,132 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 205 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.6369%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (47,759 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 197,369 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4556%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.52381%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (146,317 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;">)</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 36.756%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Changes in fair value of financial instruments </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.82143%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (477,570 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 64 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.6369%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4556%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.52381%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (477,506 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 36.756%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> IRPJ and CSLL on fair value </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.82143%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 164,425 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.6369%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4556%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.52381%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 164,425 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 36.756%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Actuarial loss of post-employment benefits </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.82143%;">
<p style="margin: 0pt; text-align: right;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.6369%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (7,725 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.33929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4556%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.52381%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (7,725 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 36.756%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Income and social contribution taxes on actuarial losses </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 9.82143%;">
<p style="margin: 0pt; text-align: right;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.6369%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,133 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4556%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 9.52381%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,133 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 36.756%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.82143%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (609,277 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 269 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.6369%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (53,351 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.33929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 197,369 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4556%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.52381%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (464,990 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 36.756%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Changes in fair value of financial instruments </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.82143%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 12,036 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (672 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.6369%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4556%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.52381%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 11,364 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 36.756%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> IRPJ and CSLL on fair value </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.82143%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (4,060 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.6369%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4556%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.52381%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (4,060 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 36.756%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Actuarial gain of post-employment benefits of subsidiaries, net </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.82143%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.6369%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 49,550 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4556%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.52381%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 49,550 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 36.756%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> IRPJ and CSLL on actuarial gains </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; width: 9.82143%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.6369%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (14,002 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.33929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4556%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; width: 9.52381%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (14,002 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 36.756%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 9.82143%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (601,301 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (403 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.6369%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (17,803 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 197,369 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4556%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 9.52381%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (422,138 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;">)</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>

<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">g.2 </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Cumulative </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">t</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ranslation </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">a</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">djustments</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The change in exchange rates on assets, liabilities</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> and income of foreign subsidiaries that have functional currency other than the presentation currency of the Company</span><span style="font-family: 'Times New Roman';"> and</span><span style="font-family: 'Times New Roman';"> an independent </span><span style="font-family: 'Times New Roman';">management</span><span style="font-family: 'Times New Roman';"> (see Note 2.</span><span style="font-family: 'Times New Roman';">t</span><span style="font-family: 'Times New Roman';">.1)</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and </span><span style="font-family: 'Times New Roman';">the exchange rate variation on </span><span style="font-family: 'Times New Roman';">notes </span><span style="font-family: 'Times New Roman';">i</span><span style="font-family: 'Times New Roman';">n the foreign market</span><span style="font-family: 'Times New Roman';">, net of income taxes</span><span style="font-family: 'Times New Roman';"> (see Note 33</span><span style="font-family: 'Times New Roman';">.h.3</span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';"> is directly recognized in the equity. This cumulat</span><span style="font-family: 'Times New Roman';">ive</span><span style="font-family: 'Times New Roman';"> effect is reflected in profit or loss as a gain or loss only in case of disposal or write-off of the investment.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Balance and changes in </span><span style="font-family: 'Times New Roman';">cumulative translation adjustments</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">of the Company </span><span style="font-family: 'Times New Roman';">are as follows:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_QMZDPPLCGG00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto; height: 74px;" width="80%">
<tbody>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 2019 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #ffffff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Initial balance </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 231,596 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 102,427 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 65,857 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; width: 65%; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Currency translation adjustment of foreign subsidiaries </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 10%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 97,113 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 10%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 202,277 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 10px;"><br/></td>
<td style="vertical-align: top; padding: 0px; width: 1%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; width: 10%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 46,330 </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; width: 1%; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Effect of foreign currency exchange rate variation on financial instruments </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (36,461 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (110,770 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">)</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (14,788 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 10px;">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> IRPJ and CSLL on foreign currency exchange rate variation on financial instruments </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 12,397 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 37,662 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 5,028 </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Final balance </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 304,645 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 231,596 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; border-bottom: 2.8pt double #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 102,427 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 10px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;</span></p>

<div>

</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="font-size: 11pt; line-height: 115%; margin: 2pt 0pt 10pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">h.</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Dividends and </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">a</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">llocation of </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">n</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">et </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">i</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ncome</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The shareholders </span><span style="font-family: 'Times New Roman';">of the Company are</span><span style="font-family: 'Times New Roman';"> entitled under the Bylaws to a minimum annual dividend of 50% of adjusted net income</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">after allocation of 5% to the legal reserve, </span><span style="font-family: 'Times New Roman';">calculated in accordance with Brazilian Corporate Law. The dividends and interest on equity </span><span style="font-family: 'Times New Roman';">in excess of</span><span style="font-family: 'Times New Roman';"> the obligation established in the Bylaws are recognized in equity until the Shareholders</span><span style="font-family: 'Times New Roman';"> approve them</span><span style="font-family: 'Times New Roman';">. </span><span style="font-family: 'Times New Roman';">The proposed </span><span style="font-family: 'Times New Roman';">dividends of&#160;2020, </span><span style="font-family: 'Times New Roman';">as of December 31, </span><span style="font-family: 'Times New Roman';">2020</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">totaled</span><span style="font-family: 'Times New Roman';"> R$ 479,748 (R$ 0.44 &#8211; forty-four cents of Brazilian Real per share), were approved by the Board of Directors on February 24, 2021, and </span><span style="font-family: 'Times New Roman';">were</span><span style="font-family: 'Times New Roman';"> paid </span><span style="font-family: 'Times New Roman';">from </span><span style="font-family: 'Times New Roman';">March 12, 2021.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">On August 11, 2021, the interim dividends were approved in the amount of R$ 218,074 (R$ 0.20 &#8211; twenty cents per share), paid </span><span style="font-family: 'Times New Roman';">on </span><span style="font-family: 'Times New Roman';">August, 2021.</span><span style="font-family: 'Times New Roman';">The proposed </span><span style="font-family: 'Times New Roman';">dividends payable of 2021&#160;</span><span style="font-family: 'Times New Roman';">as of December 31, 202</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">totaled</span><span style="font-family: 'Times New Roman';"> R$ </span><span style="font-family: 'Times New Roman';">185,896</span><span style="font-family: 'Times New Roman';">&#160;</span><span style="font-family: 'Times New Roman';">(R$ </span><span style="font-family: 'Times New Roman';">0.17</span><span style="font-family: 'Times New Roman';">&#160;</span><span style="font-family: 'Times New Roman';">&#8211; </span><span style="font-family: 'Times New Roman';">seventeen</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">cents of Brazilian Real per share), were approved by the Board of Directors on February </span><span style="font-family: 'Times New Roman';">22</span><span style="font-family: 'Times New Roman';">, 202</span><span style="font-family: 'Times New Roman';">2</span><span style="font-family: 'Times New Roman';">, and </span><span style="font-family: 'Times New Roman';">will be</span><span style="font-family: 'Times New Roman';"> paid </span><span style="font-family: 'Times New Roman';">from </span><span style="font-family: 'Times New Roman';">March </span><span style="font-family: 'Times New Roman';">11</span><span style="font-family: 'Times New Roman';">, 202</span><span style="font-family: 'Times New Roman';">2 onwards</span><span style="font-family: 'Times New Roman';">.&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The management proposal for the allocation of net income for 2021 and for distribution of dividends is as follow:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_BO7ACS4FGW00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto; height: 289px;" width="80%">
<tbody>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; width: 87%; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; text-decoration: underline;"> Allocation of net income </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; width: 12%; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Net income for the year attributable to shareholders of Ultrapar </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 850,463 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Legal reserve (5% of the net income) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 42,523 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Adjusted net income (basis for dividends) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 807,940 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Minimum mandatory dividends for the year (50% of the adjusted net income) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 403,970 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total of distribution </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 403,970 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Interim dividends (R$ 0.20 per share of the Company) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (218,074 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Balance of proposed dividends (R$ 0.17 per share) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 185,896 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Allocation of dividends </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Minimum mandatory dividends for the year (50% of the adjusted net income) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 185,896 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Balance of proposed dividends (R$ 0.17 per share) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 185,896 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; text-decoration: underline;"> Allocation of net income </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Legal reserve (5% of the net income) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 42,523 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Minimum mandatory dividends for the year (50% of the adjusted net income) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 403,970 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Statutory reserve </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 403,970 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total distribution of net income for the year attributable to shareholders of Ultrapar&#160;</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-size: 10pt;"> 850,463 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div>

</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Balances and changes in dividends payable are as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_4K0HTDAQE800000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto; height: 154px;" width="80%">
<tbody>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 87%; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2019 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 16,094 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Provisions </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 710,206 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Payments </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (284,767 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 442,133 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Provisions </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 478,366 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Prescribed dividends </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (11,816 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Payments </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (705,753 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Reclassification to liabilities of subsidiaries held for sale </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (70 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 202,860 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"><br/></td>
</tr>
</tbody>
</table>
</div>

<span></span>
</td>
</tr>
</table>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for share capital, reserves and other equity interest.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 79<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_79&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147279017400">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Costs and expenses by nature<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ExpenseByNatureAbstract', window );"><strong>Expenses by nature [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfExpensesByNatureExplanatory', window );">Costs and expenses by nature</a></td>
<td class="text">
<p style="margin: 0pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;"><span style="border-left: none; border-right: none;">27</span>. Costs and e</span><span style="font-family: 'Times New Roman'; font-weight: bold;">xpenses by </span><span style="font-family: 'Times New Roman'; font-weight: bold;">n</span><span style="font-family: 'Times New Roman'; font-weight: bold;">ature</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The Company presents its </span><span style="font-family: 'Times New Roman';">costs and </span><span style="font-family: 'Times New Roman';">expenses by function in the consolidated statement </span><span style="font-family: 'Times New Roman';">of profit or loss </span><span style="font-family: 'Times New Roman';">and presents below its expenses by nature:&#160; &#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_BHTRW8EFXC00000000000000000000b">
<table cellpadding="0" style="height: 0px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 84%; margin-left: auto; margin-right: auto;" width="84%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; text-align: center;"><span style="font-weight: bold; font-size: 8pt;">2021</span></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; text-align: center;"><span style="font-weight: bold; font-size: 8pt;">2020</span></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;"><br/></td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; text-align: center;"><span style="font-weight: bold; font-size: 8pt;">2019</span></td>
<td style="vertical-align: top;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #ffffff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #ffffff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #ffffff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #ffffff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Restated </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"><br/></td>
<td style="vertical-align: top; height: 17px; background-color: #ffffff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #ffffff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Restated </span></p>
</td>
<td style="vertical-align: top; background-color: #ffffff;"><br/></td>
</tr>
<tr style="height: 21px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 21px; background-color: #cceeff; width: 59%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Raw materials and materials for use and consumption </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 104,233,143 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 68,851,960 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: top; height: 21px; background-color: #cceeff; width: 1%; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 21px; background-color: #cceeff; width: 12%; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 77,218,922&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; width: 1%; padding: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Personnel expenses </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,575,066 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,414,567 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,571,227&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Freight and storage </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 899,188 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,073,971 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 871,057&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Depreciation and amortization </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 653,118 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 595,531 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 551,768&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Amortization of right-of-use assets </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 260,716 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 242,670 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 216,609&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Advertising and marketing </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 106,352 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 143,694 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 192,389&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Services provided by third parties </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 399,904 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 184,532 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 179,319&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Other expenses </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 101,819 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 139,379 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; border-bottom: 1pt solid #000000; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 258,705&#160; </span></p>
</td>
<td style="vertical-align: top; border-bottom: 1pt solid #000000; padding: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 108,229,306 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 72,646,304 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 81,059,996&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; border-bottom: 2.8pt double #000000; padding: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Classified as: </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Cost of products and services sold </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 104,827,966 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 70,056,447 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 78,208,786&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Selling and marketing </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,934,789 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,595,871 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,631,760&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> General and administrative </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,466,551 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 993,986 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,219,450&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; border-bottom: 1pt solid #000000; padding: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 108,229,306 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 72,646,304 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; border-bottom: 2.8pt double #000000; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 81,059,996&#160; </span></p>
</td>
<td style="vertical-align: top; border-bottom: 2.8pt double #000000; padding: 0px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>

<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfExpensesByNatureExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of expenses by nature. [Refer: Expenses, by nature]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 10<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147278999352">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Gain (loss) on disposal of PP&amp;E and intangibles<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfGainLossOnDisposalOfPropertyPlantAndEquipmentAndIntangiblesAndImpairmentAbstract', window );"><strong>Gain (loss) on disposal of PP&amp;E and intangibles</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfGainLossOnDisposalOfPropertyPlantAndEquipmentAndIntangiblesAndImpairmentTextBlock', window );">Gain (loss) on disposal of PP&amp;E and intangibles</a></td>
<td class="text">
<p style="margin: 12pt 0pt 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;"><span style="border-left: none; border-right: none;">28</span>. </span><span style="font-family: 'Times New Roman'; font-weight: bold;">Gain (loss) on </span><span style="font-family: 'Times New Roman'; font-weight: bold;">d</span><span style="font-family: 'Times New Roman'; font-weight: bold;">isposal of </span><span style="font-family: 'Times New Roman'; font-weight: bold;">PP&amp;E</span><span style="font-family: 'Times New Roman'; font-weight: bold;"> and </span><span style="font-family: 'Times New Roman'; font-weight: bold;">i</span><span style="font-family: 'Times New Roman'; font-weight: bold;">ntangibles</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The </span><span style="font-family: 'Times New Roman';">gain or loss </span><span style="font-family: 'Times New Roman';">is determined as the difference between the selling price and residual book value of the investment, </span><span style="font-family: 'Times New Roman';">PP&amp;E</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">and</span><span style="font-family: 'Times New Roman';"> intangible asset. </span><span style="font-family: 'Times New Roman';">In</span><span style="font-family: 'Times New Roman';"> <span style="border-left: none; border-right: none;">2021</span> </span><span style="font-family: 'Times New Roman';">the </span><span style="font-family: 'Times New Roman';">gain</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">was R$</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">184,189</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">(gain of R$ </span><span style="font-family: 'Times New Roman';">85,455</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">in</span><span style="font-family: 'Times New Roman';"> <span style="border-left: none; border-right: none;">2020</span></span><span style="font-family: 'Times New Roman';">&#160;and </span><span style="font-family: 'Times New Roman';">losses</span><span style="font-family: 'Times New Roman';"> of R$ </span><span style="font-family: 'Times New Roman';">1,700&#160;</span><span style="font-family: 'Times New Roman';">in</span><span style="font-family: 'Times New Roman';"> <span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">19</span></span><span style="font-family: 'Times New Roman';">), represented primarily from </span><span style="font-family: 'Times New Roman';">sale </span><span style="font-family: 'Times New Roman';">of </span><span style="font-family: 'Times New Roman';">Conectcar</span><span style="font-family: 'Times New Roman';"> (gain of R$ 76,485) and </span><span style="font-family: 'Times New Roman';">o</span><span style="font-family: 'Times New Roman';">f PP&amp;E.&#160; &#160;</span></span></p>
<span></span>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for gain (loss) on disposal of property plant and equipment and intangibles and impairment.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147279073736">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Other operating income, net<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfOtherOperatingIncomeExpenseAbstract', window );"><strong>Other operating income, net</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOtherOperatingIncomeExpenseExplanatory', window );">Other operating income, net</a></td>
<td class="text">
<p style="margin: 0pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;"><span style="border-left: none; border-right: none;">29</span></span><span style="font-family: 'Times New Roman'; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-weight: bold;">Other </span><span style="font-family: 'Times New Roman'; font-weight: bold;">o</span><span style="font-family: 'Times New Roman'; font-weight: bold;">perating </span><span style="font-family: 'Times New Roman'; font-weight: bold;">i</span><span style="font-family: 'Times New Roman'; font-weight: bold;">ncome, </span><span style="font-family: 'Times New Roman'; font-weight: bold;">n</span><span style="font-family: 'Times New Roman'; font-weight: bold;">et&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><br/></p>

<div style="border-left: none; border-right: none;">
<table cellpadding="0" style="height: 0px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 84%; margin-left: auto; margin-right: auto;" width="84%">
<tbody>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 2019 </span></p>
</td>
<td style="vertical-align: top; background-color: #ffffff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; text-align: center;"><span style="font-weight: bold; font-size: 8pt;">Re-presented</span></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; text-align: center;"><span style="color: #000000; font-family: 'times new roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Re-presented</span></td>
<td style="vertical-align: top; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Other operating income, net: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 59%; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Commercial partnerships <span style="font-size: 8pt;"><sup>(1)</sup></span></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 12%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 25,511 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 12%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 19,469 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 10px;"><br/></td>
<td style="vertical-align: top; padding: 0px; width: 1%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; width: 12%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 40,816&#160;</span></p>
</td>
<td style="vertical-align: top; padding: 0px; width: 1%; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Merchandising <span style="font-size: 8pt;"><sup>(2)</sup></span></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 33,144 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 25,703 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 44,396</span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Extraordinary tax credits <span style="font-size: 8pt;"><sup>(3)</sup></span></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 213,183 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 136,561 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 110,090</span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Property rental <span style="font-size: 8pt;"><sup>(4)</sup></span></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 26,026 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 24,825 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 26,622</span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Revenue from miscellaneous services (administrative, commercial and IT services) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 96,742 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 91,726 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 97,829</span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Contractual fine and gas voucher </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 10,332 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 9,685 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 15,902</span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 40,898 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 13,416 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 20,580</span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 445,836 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 321,385 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 356,235</span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Other operating expenses, net: </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Property rental <span style="font-size: 8pt;"><sup>(4)</sup></span></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (116,744 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (92,117 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">)</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;">(<span style="font-family: 'Times New Roman'; font-size: 10pt;">92,199</span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Taxes on other operating income <span style="font-size: 8pt;"><sup>(5)&#160;</sup></span></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (23,416 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (24,929 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(42,533</span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fines for tax infractions </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (3,702 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (5,692 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(4,680</span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Decarbonization obligation <span style="font-size: 8pt;"><sup>(6)</sup></span></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (161,281 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (124,287 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(65,539</span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (44,527 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (10,326 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(11,255</span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (349,670 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (257,351 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(216,206</span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Other operating income, net </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 96,166 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 64,034 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
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<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 140,029</span></p>
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<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;"><br/></td>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<table style="width: 100%; margin: 0px; font-family: 'times new roman'; font-size: 10pt; text-indent: 0px;">
<tbody>
<tr>
<td style="width: 2%; vertical-align: top; padding: 0px;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(</span><span>1</span><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top">
<p style="margin: 0px; color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman';">Refers to contracts with service providers and suppliers</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';">&#160;which establish trade agreements&#160;</span><span style="font-family: 'Times New Roman';">for</span><span style="font-family: 'Times New Roman';">&#160;convenience stores and gas stations.</span><br/></p>
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<td style="width: 2%; vertical-align: top; padding: 0px;" valign="top"><br/></td>
<td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"><br/></td>
</tr>
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<td style="width: 2%; vertical-align: top; padding: 0px;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(</span><span>2</span><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top">
<p style="margin: 0px; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman';">Refers to contracts with suppliers of convenience stores</span><span style="font-family: 'Times New Roman';">,&#160;</span><span style="font-family: 'Times New Roman';">which establish, among other agreements, promotional campaigns.</span><br/></p>
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<td style="width: 2%; vertical-align: top; padding: 0px;" valign="top"><br/></td>
<td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"><br/></td>
</tr>
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<td style="width: 2%; vertical-align: top; padding: 0px;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(</span><span>3</span><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Refers</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;substantially</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;to&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">PIS and COFINS&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">credits (see Note&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"><span><span style="border-left: none; border-right: none;">8</span></span></span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">.a.</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"><span><span style="border-left: none; border-right: none;">3</span></span></span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">)</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">,</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">recorded</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;in</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;<span><span style="border-left: none; border-right: none;">2021</span></span></span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">.</span></td>
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<td style="width: 2%; vertical-align: top; padding: 0px;" valign="top"><br/></td>
<td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"><br/></td>
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<td style="width: 2%; vertical-align: top; padding: 0px;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(</span><span>4</span><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)&#160;</span></td>
<td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Refers to&#160;Ipiranga&#8217;s&#160;income and e</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">xpenses&#160;with property rentals</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;and sublease</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">, especially for establishment of&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">own&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">gas stations,</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;linked to contractual requirements for the preservation of the&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">b</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">rand.</span></td>
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<td style="width: 2%; vertical-align: top; padding: 0px;" valign="top"><br/></td>
<td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"><br/></td>
</tr>
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<td style="width: 2%; vertical-align: top; padding: 0px;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(</span><span>5</span><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Refers substantially to ICMS, ISS, PIS and COFINS.</span></td>
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<td style="width: 2%; vertical-align: top; padding: 0px;" valign="top"><br/></td>
<td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"><br/></td>
</tr>
<tr style="margin: 0px; text-indent: 0px;">
<td style="width: 2%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(</span><span>6</span><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Refers to the obligation adopted by the&#160;</span>RenovaBio<span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;to set&#160;</span>decarbonization<span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;targets for its sector.</span></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfOtherOperatingIncomeExpenseExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of other operating income or expense. [Refer: Other operating income (expense)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 10<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<td><strong> Name:</strong></td>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147279451400">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Finance income (Expense)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfFinanceIncomeExpenseAbstract', window );"><strong>Disclosure of Finance Income (Expense) [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinanceIncomeExpenseExplanatory', window );">Financial Income (Expense)</a></td>
<td class="text">
<p style="margin: 0pt 0pt 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;"><span style="border-left: none; border-right: none;">30</span></span><span style="font-family: 'Times New Roman'; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-weight: bold;">Financ</span><span style="font-family: 'Times New Roman'; font-weight: bold;">e</span><span style="font-family: 'Times New Roman'; font-weight: bold;"> </span><span style="font-family: 'Times New Roman'; font-weight: bold;">i</span><span style="font-family: 'Times New Roman'; font-weight: bold;">ncome (Expense)</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>

<table cellpadding="0" style="height: 0px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 84%; margin-left: auto; margin-right: auto;" width="84%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; text-align: center;"><span style="font-weight: bold; font-size: 8pt;">2019</span></td>
<td style="vertical-align: top; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; text-align: center;"><span style="font-weight: bold; font-size: 8pt;"><span style="color: #000000; font-family: 'times new roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Re-presented</span> (i)</span></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #ffffff; height: 17px; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"><span style="color: #000000; font-family: 'times new roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Re-presented</span> (i)</span></td>
<td style="vertical-align: top; background-color: #ffffff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 59%; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Finance income: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; width: 1%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; width: 12%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Interest on financial investments </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 101,326 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 93,667 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 203,323</span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Interest from customers </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 109,999 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 132,155 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 126,606</span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Changes in subscription warrants &#8211; indemnification (see Note 25) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 33,180 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> -</span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-size: 10pt;"> Selic interest on extraordinary PIS/COFINS credits (see Note 8.a.3) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 201,795 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 121,565 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 11,146</span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Other finance income </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 13,854 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 10,279 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,207</span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 460,154 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 357,666 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 344,282</span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Finance expenses: </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160; &#160;</span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Interest on loans </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (410,430 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (337,324 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(459,995</span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Interest on debentures </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (306,539 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (321,656 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(482,238</span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Interest on leases payable&#160;</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (110,878 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (109,318 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(91,956</span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Bank charges, financial transactions tax, and other charges </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (70,801 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (46,878 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(45,553</span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">)</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Exchange variation, net of gains and losses with derivative financial instruments </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (239,106 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (58,944 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">)</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 90,372</span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-size: 10pt;"> Changes in subscription warrants &#8211; indemnification (see Note 25) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (17,353 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(7,760</span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Interest of provisions and other expenses </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (85,132 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (16,541 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(20,503</span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,222,886 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (908,014 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(1,017,633</span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">)</td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Finance income (expense) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (762,732 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (550,348 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;">)</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(673,351</span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 18px;">)</td>
</tr>
</tbody>
</table>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify; padding-left: 90px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">&#160; &#160; &#160; (i)</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">For further details, see Note 3.c.3.</span></span></p>

<span></span>
</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of finance income (cost). [Refer: Finance income (cost)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 10<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147279459800">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Earnings per share<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_EarningsPerShareAbstract', window );"><strong>Earnings per share [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
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<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfEarningsPerShareExplanatory', window );">Earnings per share</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;"><span style="border-left: none; border-right: none;">31</span>. </span><span style="font-family: 'Times New Roman'; font-weight: bold;">Earnings per </span><span style="font-family: 'Times New Roman'; font-weight: bold;">s</span><span style="font-family: 'Times New Roman'; font-weight: bold;">hare</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The table below presents a reconciliation of numerators and denominators used in computing earnings per share. The Company has a deferred stock plan</span><span style="font-family: 'Times New Roman';"> and subscription warrants </span><span style="font-family: 'Times New Roman';">&#8211;</span><span style="font-family: 'Times New Roman';"> indemnification</span><span style="font-family: 'Times New Roman';">, as mentioned in Notes </span><span style="font-family: 'Times New Roman';">9</span><span style="font-family: 'Times New Roman';">.c</span><span style="font-family: 'Times New Roman';"> and </span><span style="font-family: 'Times New Roman';">25</span><span style="font-family: 'Times New Roman';">, respectively.&#160; &#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<table cellpadding="0" style="height: 0px; border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px;" width="100%">
<tbody>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td colspan="7" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 2021 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="7" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 2020 - <span style="color: #000000; font-family: 'times new roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Re-presented</span> (ii) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #ffffff; height: 17px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="7" style="vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 17px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 2019 - <span style="color: #000000; font-family: 'times new roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Re-presented</span> (ii) </span></p>
</td>
<td style="vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 36px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 36px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 36px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Continuing operations </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 36px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 36px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 36px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt; font-weight: bold;"> Discontinued operations (i) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 36px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 36px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 36px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 36px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 36px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 36px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Continuing operations </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 36px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 36px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 36px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt; font-weight: bold;"> Discontinued operations&#160; (i) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 36px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 36px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 36px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 36px;"><br/></td>
<td style="vertical-align: top; height: 36px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1pt solid #000000; height: 36px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Continuing operations </span></p>
</td>
<td style="vertical-align: bottom; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 36px;"><br/></td>
<td style="vertical-align: bottom; height: 36px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1pt solid #000000; height: 36px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt; font-weight: bold;"> Discontinued operations&#160; (i) </span></p>
</td>
<td style="vertical-align: bottom; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 36px;"><br/></td>
<td style="vertical-align: bottom; height: 36px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1pt solid #000000; height: 36px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 8pt;">T</span><span style="font-family: 'Times New Roman'; font-size: 8pt;">otal </span></span></p>
</td>
<td style="vertical-align: bottom; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 36px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Basic earnings per share </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; width: 29%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net income for the year of the Company </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 785,199 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 65,264 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 850,463 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 612,750 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 280,633 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 893,383 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="vertical-align: top; height: 10px; padding: 0px; width: 1%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="height: 10px; vertical-align: bottom; text-align: right; padding: 0px; width: 6%; margin: 0px; text-indent: 0px;" valign="bottom">865,783</td>
<td style="vertical-align: bottom; text-align: right; padding: 0px; width: 1%; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; width: 1%; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; width: 6%; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(492,257</span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; width: 1%; margin: 0px; text-indent: 0px; height: 10px;">)</td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; width: 1%; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; width: 6%; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 373,526</span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; width: 1%; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Weighted average shares outstanding (in thousands) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,090,500 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,090,500 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,090,500 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,089,414 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,089,414 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,089,414 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,086,485</span></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="background-color: #cceeff; height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,086,485</span></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="background-color: #cceeff; height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,086,485</span></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Basic earnings per share &#8211; R$ </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 0.7200 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 0.0598 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 0.7799 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 0.5625 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 0.2576 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 0.8201 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 0.7969</span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(0.4531</span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;">)</td>
<td style="height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 0.3438</span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Diluted earnings per share </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="background-color: #cceeff; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="background-color: #cceeff; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net income for the year of the Company </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 785,199 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 65,264 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 850,463 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 612,750 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 280,633 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 893,383 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="vertical-align: top; height: 10px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 865,783</span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(492,257</span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;">)</td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 373,526</span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Weighted average shares outstanding (in thousands), including dilution effects </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,096,962 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,096,962 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,096,962 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,095,842 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,095,842 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,095,842 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; height: 18px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; height: 18px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,092,873</span></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="background-color: #cceeff; height: 18px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; height: 18px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,092,873</span></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="background-color: #cceeff; height: 18px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; height: 18px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,092,873</span></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Diluted earnings per share &#8211; R$ </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 0.7158 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 0.0595 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 0.7753 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 0.5592 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 0.2561 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 0.8152 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 0.7922</span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(0.4504</span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;">
<p style="padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">)</p>
</td>
<td style="height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 0.3418</span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Weighted average shares outstanding (in thousands) </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="background-color: #cceeff; height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="background-color: #cceeff; height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Weighted average shares outstanding for basic per share </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,090,500 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,089,414 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="vertical-align: top; height: 10px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,086,485</span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Dilution effect </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="background-color: #cceeff; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="background-color: #cceeff; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160; &#160;</span></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> &#160;&#160;&#160;&#160; Subscription warrants &#8211;&#160;&#160;&#160;&#160;&#160;&#160; indemnification </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,548 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,570 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="vertical-align: top; height: 10px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,774</span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160;&#160;&#160;&#160; Deferred stock plan </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,914 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,858 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="background-color: #cceeff; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="background-color: #cceeff; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,614</span></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Weighted average shares outstanding for diluted per share </span></p>
</td>
<td style="padding: 0px; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><br/></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom"><br/></td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom"><br/></td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,096,962 </span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom"><br/></td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom"><br/></td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom"><br/></td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,095,842 </span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom"><br/></td>
<td style="height: 10px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="border-bottom: 2.8pt double #000000; height: 10px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom"><br/></td>
<td style="height: 10px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="border-bottom: 2.8pt double #000000; height: 10px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom"><br/></td>
<td style="height: 10px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="border-bottom: 2.8pt double #000000; height: 10px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,092,873</span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
</tr>
</tbody>
</table>
<p style="margin: 0px; break-after: avoid; break-inside: avoid; text-align: justify; text-indent: 0px;"><br/></p>
<p style="margin: 0px; break-after: avoid; break-inside: avoid; text-align: justify; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">(i) </span><span style="font-family: 'Times New Roman';">For further details, s</span><span style="font-family: 'Times New Roman';">ee</span><span style="font-family: TimesNewRoman;"> </span><span style="font-family: TimesNewRoman;">N</span><span style="font-family: TimesNewRoman;">ot</span><span style="font-family: TimesNewRoman;">e</span><span style="font-family: TimesNewRoman;"> <span style="border-left: none; border-right: none;">3</span>.c.<span style="border-left: none; border-right: none;">2</span></span><span style="font-family: TimesNewRoman;">.</span></span></p>
<p style="margin: 0px; break-after: avoid; break-inside: avoid; text-align: justify; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">(ii) </span><span style="font-family: 'Times New Roman';">For further details, s</span><span style="font-family: 'Times New Roman';">ee</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: TimesNewRoman;">N</span><span style="font-family: TimesNewRoman;">ot</span><span style="font-family: TimesNewRoman;">e</span><span style="font-family: TimesNewRoman;"> <span style="border-left: none; border-right: none;">3</span>.c.<span style="border-left: none; border-right: none;">3</span></span><span style="font-family: TimesNewRoman;">.</span></span></p>
</div>
<p style="margin: 0px; break-after: avoid; break-inside: avoid; text-align: justify; text-indent: 0px;"><br/></p>

<p style="margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Earnings per share were adjusted retrospectively by the issu</span><span style="font-family: 'Times New Roman';">anc</span><span style="font-family: 'Times New Roman';">e of </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">2,297,491</span><span style="font-family: 'Times New Roman';"> common shares due to the partial exercise of the rights conferred by the subscription warrants disclosed in note </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">25</span></span><span style="font-family: 'Times New Roman';">.&#160; &#160;</span></span></p>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2021-01-01<br> -Section Disclosure<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2021-en-r&amp;doctype=Standard&amp;dita_xref=IAS33_g70-73A_TI<br> -URIDate 2021-03-24<br></p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147279033768">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Segment information<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-weight: bold;"><span style="font-family: 'Times New Roman';">&#160;</span><span>32. </span><span style="font-family: 'Times New Roman'; font-weight: bold;">Segment </span><span style="font-family: 'Times New Roman'; font-weight: bold;">i</span><span style="font-family: 'Times New Roman'; font-weight: bold;">nformation&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The Company operates </span><span>six</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">main business segments: gas distribution, fuel distribution, chemicals,</span><span style="font-family: 'Times New Roman';"> (presented as discontinued operations),</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">storage</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">drugstores</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">(presented as discontinued operations) </span><span style="font-family: 'Times New Roman';">and digital payments</span><span style="font-family: 'Times New Roman';">. The gas distribution segment (Ultragaz) distributes LPG to residential, commercial, and industrial consumers, especially in the South, Southeast, and Northeast regions of Brazil. The fuel distribution segment (</span><span style="font-family: 'Times New Roman';">Ipiranga</span><span style="font-family: 'Times New Roman';">) operates the distribution and marketing of gasoline, ethanol, diesel, fuel oil, kerosene, natural gas for vehicles</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> and lubricants and related activities throughout all the Brazilian territory. The storage segment (</span><span style="font-family: 'Times New Roman';">Ultracargo</span><span style="font-family: 'Times New Roman';">) operates liquid bulk terminals, especially in the Southeast and Northeast regions of Brazil</span><span style="font-family: 'Times New Roman';">. </span><span style="font-family: 'Times New Roman';">The digital payments segment (</span><span style="font-family: 'Times New Roman';">Abastece</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">a&#237;</span><span style="font-family: 'Times New Roman';">) offers digital payments services, combining the &#8220;</span><span style="font-family: 'Times New Roman';">abastece</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">a&#237;</span><span style="font-family: 'Times New Roman';">&#8221; app and the loyalty program</span><span style="font-family: 'Times New Roman';"> &#8220;Km de </span><span style="font-family: 'Times New Roman';">Vantagens</span><span style="font-family: 'Times New Roman';">&#8221;</span><span style="font-family: 'Times New Roman';">. </span><span style="font-family: 'Times New Roman';">The segments shown in the </span><span style="font-family: 'Times New Roman';">f</span><span style="font-family: 'Times New Roman';">inancial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">are strategic business units supplying different products and services. Intersegment sales are at prices </span><span style="font-family: 'Times New Roman';">similar to</span><span style="font-family: 'Times New Roman';"> those that would be charged to third parties.&#160;&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>

</div>
<div>
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">a. Financial information related to segments&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">&#160;</span><span style="font-family: 'Times New Roman';">&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The main financial information of each of the</span><span style="font-family: 'Times New Roman';"> continuing operations</span><span style="font-family: 'Times New Roman';"> Company&#8217;s segments </span><span style="font-family: 'Times New Roman';">are</span><span style="font-family: 'Times New Roman';"> stated as follows</span><span>. For discontinued operations see note 3.c.2.&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div style="border-left: none; border-right: none; margin: 0px; text-indent: 0px;">
<div id="t_ft_NJZMTW8RI800000000000000000000b">
<table cellpadding="0" style="height: 0px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td colspan="24" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center;"><span> 2021</span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 0px;">
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Income </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Ipiranga </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Ultragaz </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Ultracargo </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-family: 'times new roman', times; font-weight: bold;"> Abastece a&#237; </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Subtotal </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-family: 'times new roman', times;"><span style="font-weight: bold;">Others <sup>(1)(2)</sup></span></span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td colspan="2" rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Elimination </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td colspan="2" rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td>&#160;</td>
</tr>
<tr>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 28%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Net revenue from sales and services </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> 99,382,617 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> 9,744,659 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> 713,096 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> 84,733 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> 109,925,105 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> 22,452 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> (214,715 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"><span style="font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> 109,732,842 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Transactions with third parties </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 99,382,547 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 9,740,657 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 518,762 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 84,733 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 109,726,699 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 6,143 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 109,732,842 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Intersegment transactions </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 70 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 4,002 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 194,334 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 198,406 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 16,309 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (214,715 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Cost of products and services sold </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (96,110,408 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (8,626,340 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (285,406 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (105,022,154 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 70 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 194,118 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (104,827,966 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Gross profit&#160;</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> 3,272,209 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> 1,118,319 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> 427,690 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> 84,733 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> 4,902,951 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> 22,522 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> (20,597 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><span style="font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> 4,904,876 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Operating income (expenses) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Selling and marketing </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (1,409,350 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (438,697 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (9,213 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (71,345 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (1,928,605 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (6,184 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (1,934,789 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Loss allowance (reversion) for expected credit losses </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 23,536 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (20,482 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 69 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 3,123 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 3,123 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> General and administrative </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (846,441 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (202,002 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (127,117 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (113,544 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (1,289,104 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (198,044 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 20,597 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (1,466,551 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Gain (loss) on disposal of property, plant and equipment and intangibles </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 183,862 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 2,138 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (1,754 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (9 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 184,237 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (48 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 184,189 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Other operating income, net </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 74,574 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 10,976 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 3,876 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 5,159 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 94,585 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 1,581 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 96,166 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Operating income (loss) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> 1,298,390 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> 470,252 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> 293,551 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> (95,006 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><span style="font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> 1,967,187 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> (180,173 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><span style="font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> 1,787,014 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Share of profit (loss) of subsidiaries, joint ventures and associates </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> (859 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> (104 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> 602 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> (361 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> (17,273 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> (17,634 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Operating income before finance income (expenses) and income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> 1,297,531 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> 470,148 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> 294,153 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> (95,006 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><span style="font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> 1,966,826 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> (197,446 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><span style="font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> 1,769,380 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Depreciation of PP&amp;E and amortization of intangible assets charges </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 325,942 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 211,014 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 76,421 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 14,365 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 627,742 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 25,376 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 653,118 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Amortization of contractual assets with customers &#8211; exclusive rights </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 280,975 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 1,546 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 282,521 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 282,521 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Amortization of right-of-use assets </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 182,245 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 46,579 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 25,440 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 267 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 254,531 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 6,185 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 260,716 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total of depreciation and amortization </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> 789,162 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> 259,139 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> 101,861 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> 14,632 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> 1,164,794 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> 31,561 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> 1,196,355 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
</tbody>
</table>
</div>

</div>
<div style="border-left: none; border-right: none; margin: 0px; text-indent: 0px;"><br/></div>
<div style="border-left: none; border-right: none;">
<div id="t_ft_58SEPP7TTS00000000000000000000b">
<table cellpadding="0" style="height: 329px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td colspan="26" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center;"><span> 2020 - <span style="color: #000000; font-family: 'times new roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Re-presented</span></span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 0px;">
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Income </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Ipiranga </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Ultragaz </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Ultracargo </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-family: 'times new roman', times; font-weight: bold;"> Abastece a&#237; </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Subtotal Segments </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td colspan="2" rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-family: 'times new roman', times; font-weight: bold;">Others <sup>(1)(2)</sup></span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td colspan="2" rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Elimination </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td colspan="3" rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td>&#160;</td>
</tr>
<tr>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 28%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Net revenue from sales and services </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> 66,133,035 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> 7,408,342 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> 644,177 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> 17,223 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> 74,202,777 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> 48,325 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> (193,046 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><span style="font-size: 10pt; font-family: 'times new roman', times; font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td colspan="3" style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> 74,058,056 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Transactions with third parties </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 66,132,828 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 7,403,632 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 504,725 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 17,223 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 74,058,408 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (352 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td colspan="3" style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 74,058,056 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Intersegment transactions </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 207 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 4,710 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 139,452 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 144,369 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 48,677 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (193,046 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td colspan="3" style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Cost of products and services sold </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (63,609,871 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (6,310,157 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (270,010 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (70,190,038 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 207 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 133,384 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td colspan="3" style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (70,056,447 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Gross profit </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 2,523,164 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 1,098,185 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 374,167 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 17,223 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 4,012,739 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 48,532 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (59,662 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><span style="font-size: 10pt; font-family: 'times new roman', times; font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td colspan="3" style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 4,001,609 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Operating income (expenses) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td colspan="3" style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Selling and marketing </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (1,164,779 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (404,776 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (7,278 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (13,945 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (1,590,778 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (5,093 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td colspan="3" style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (1,595,871 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Loss allowance (reversion) for expected credit losses </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 2,863 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (18,514 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 370 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (15,281 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td colspan="3" style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (15,281 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> General and administrative </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (568,963 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (196,883 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (122,965 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (33,164 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (921,975 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (131,673 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 59,662 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td colspan="3" style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (993,986 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Gain (loss) on disposal of property, plant and equipment and intangibles </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 78,952 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 7,936 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (1,433 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 85,455 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td colspan="3" style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 85,455 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Other operating income, net </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 44,195 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 8,265 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 8,898 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 920 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 62,278 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 1,756 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td colspan="3" style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 64,034 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Operating income (loss) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> 915,432 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> 494,213 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> 251,759 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> (28,966 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt; font-family: 'times new roman', times; font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> 1,632,438 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> (86,478 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt; font-family: 'times new roman', times; font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td colspan="3" style="padding: 0px; vertical-align: bottom; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> 1,545,960 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Share of profit (loss) of subsidiaries, joint ventures and associates </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (932 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (53 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 392 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (593 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (43,438 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td colspan="3" style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (44,031 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 34px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Operating income before finance income (expenses) and income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> 914,500 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> 494,160 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> 252,151 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> (28,966 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><span style="font-size: 10pt; font-family: 'times new roman', times; font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> 1,631,845 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 34px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> (129,916 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><span style="font-size: 10pt; font-family: 'times new roman', times; font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 34px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><br/></td>
<td colspan="3" style="padding: 0px; vertical-align: bottom; height: 34px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> 1,501,929 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Depreciation of PP&amp;E and amortization of intangible assets charges </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 314,511 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 192,241 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 65,838 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 4,053 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 576,643 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 18,888 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td colspan="3" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 595,531 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Amortization of contractual assets with customers &#8211; exclusive rights </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 287,800 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 1,636 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 289,436 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td colspan="3" style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 289,436 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Amortization of right-of-use assets&#160;</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 177,039 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 41,015 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 19,482 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 40 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 237,576 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 5,094 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td colspan="3" style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 242,670 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total of depreciation and amortization </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> 779,350 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> 234,892 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> 85,320 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> 4,093 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> 1,103,655 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> 23,982 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td colspan="3" style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> 1,127,637 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
</div>
<p style="margin: 0pt; text-align: justify; font-family: 'Times New Roman'; font-size: 7pt;"><span style="font-family: 'Times New Roman'; font-size: 7pt;">&#160;</span></p>
<table style="width: 100%; margin: 0px; text-indent: 0px; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td style="width: 1.75797%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"><span style="font-size: 8pt;">(1)</span></td>
<td style="width: 98.242%; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="margin: 0px; text-align: justify; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="border-right: none; border-left: none;"><span style="border-right: none; border-left: none;">Includes in the line &#8220;General and administrative&#8221; and revenue on disposal of PP&amp;E and intangibles the amount of R$ </span></span><span style="border-left: none; border-right: none;"><span>154,640</span></span><span style="border-right: none; border-left: none;"><span style="border-right: none; border-left: none;"> in </span><span>2021</span><span style="border-right: none; border-left: none;"> (R$ </span></span><span style="border-left: none; border-right: none;"><span>87,363</span></span><span style="border-right: none; border-left: none;"><span style="border-right: none; border-left: none;"> in </span><span>2020</span><span style="border-right: none; border-left: none;">) of expenses related to Ultrapar's holding structure, including the Presidency, Financial Board, Legal Board, Board of Directors and Fiscal Council, Risk, Compliance and Audit Board and Sustainability Board.</span></span></span></p>
</td>
</tr>
<tr>
<td style="width: 1.75797%; vertical-align: top; margin: 0px; text-indent: 0px; padding: 0px;" valign="top"><span style="font-size: 8pt;">(2)</span></td>
<td style="width: 98.242%; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top">
<p style="margin: 0px; text-align: justify; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="border-right: none; border-left: none;">The &#8220;Others&#8221; column consists of financial income and expenses, income tax and social contribution of the segments, the parent company Ultrapar and the subsidiaries Serma, Imaven Im&#243;veis Ltda. (&#8220;Imaven&#8221;), Ultrapar International, UVC Investimentos, UVC - Fundo de investimento and equity of joint ventures of ConectCar, until September 30, 2021 and RPR.</span></span></p>
</td>
</tr>
</tbody>
</table>

<p style="margin: 0px; text-align: justify; font-family: 'Times New Roman'; font-size: 7pt; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 7pt;">&#160;</span></p>
<div id="t_ft_0P0VIJ1H2800000000000000000000b">
<table cellpadding="0" style="height: 308px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><br/></p>
</td>
<td colspan="19" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center;"><span> 2019 &#8211; <span style="color: #000000; font-family: 'times new roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Re-presented</span></span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 0px;">
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Income </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Ipiranga </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Ultragaz </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Ultracargo </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Subtotal </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Others </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Elimination </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td>&#160;</td>
</tr>
<tr>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 28%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Net revenue from sales and services </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; width: 9%;">
<p style="margin: 0pt; text-align: right;"><span> 75,452,481 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; width: 9%;">
<p style="margin: 0pt; text-align: right;"><span> 7,094,825</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; width: 8%;">
<p style="margin: 0pt; text-align: right;"><span> 540,758</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; width: 8%;">
<p style="margin: 0pt; text-align: right;"><span> 83,088,064</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; width: 8%;">
<p style="margin: 0pt; text-align: right;"><span> 44,063</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; width: 8%;">
<p style="margin: 0pt; text-align: right;"><span> (127,397</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; width: 8%;">
<p style="margin: 0pt; text-align: right;"><span> 83,004,729</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Transactions with third parties </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 75,451,946 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 7,091,031</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 462,368</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 83,005,345</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (616 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> -&#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 83,004,729</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Intersegment transactions </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> &#160; 535 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 3,794</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 78,390</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 82,719</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 44,678</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (127,397</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> -</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Cost of products and services sold </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (71,962,747 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (6,104,952 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (261,025</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (78,328,724</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 533</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 119,405</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (78,208,786</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Gross profit </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 3,489,734 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 989,873</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 279,733</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 4,759,340</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 44,595</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (7,992</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 4,795,943</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Operating income (expenses) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><br/></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Selling and marketing </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (1,228,136 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (394,798</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (8,683</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (1,631,617</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p class="ng-scope" style="margin: 0pt; text-align: right;">( 143 </p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> -</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (1,631,760</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Loss allowance (reversion) for expected credit losses </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (3,942 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p class="ng-scope" style="margin: 0pt; text-align: right;">( 31,370 </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 87</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (35,225 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> -</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> -</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p class="ng-scope" style="margin: 0pt; text-align: right;"> 35,225 </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> General and administrative </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p class="ng-scope" style="margin: 0pt; text-align: right;">(770,028 </p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p class="ng-scope" style="margin: 0pt; text-align: right;">(210,361 </p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p class="ng-scope" style="margin: 0pt; text-align: right;">( 124,767 </p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p class="ng-scope" style="margin: 0pt; text-align: right;">( 1,105,156 </p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p class="ng-scope" style="margin: 0pt; text-align: right;">( 122,286 </p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 7,992</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p class="ng-scope" style="margin: 0pt; text-align: right;">( 1,219,450 </p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 34px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Gain (loss) on disposal of property, plant and equipment and intangibles </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">
<p class="ng-scope" style="margin: 0pt; text-align: right;"> 13,285 </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: right;"><span> 2,677</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: right;"><span> (807</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: right;"><span> 15,155</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">
<p class="ng-scope" style="margin: 0pt; text-align: right;">( 13,455 </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: right;"><span> -</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: right;"><span> 1,700</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Other operating income, net </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p class="ng-scope" style="margin: 0pt; text-align: right;"> 186,982 </p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 12,953</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (62,392</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 137,543</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 2,486</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> -</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 140,029</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Operating income (loss) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 1,687,895 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 368,974</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 83,171</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 2,140,040</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (88,803</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> -</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 2,051,237</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Share of profit (loss) of subsidiaries, joint ventures and associates </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p class="ng-scope" style="margin: 0pt; text-align: right;">( 24,782 </p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (5</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 1,370</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p class="ng-scope" style="margin: 0pt; text-align: right;">( 23,417 </p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 10,708</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> -</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (12,709</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Operating income before finance income (expenses) and income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 1,663,113 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 368,969</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 84,541</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 2,116,623</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (78,095</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> -</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 2,038,528</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Depreciation of PP&amp;E and amortization of intangible assets charges </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 275,294</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 186,221</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 59,618</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 521,133</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 30,636</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> -</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 551,768</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Amortization of contractual assets with customers &#8211; exclusive rights </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 355,055</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 195</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> -</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 355,250</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p class="ng-scope" style="margin: 0pt; text-align: right;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> -</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 355,250</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Amortization of right-of-use assets </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 164,543</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 31,264</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 20,673</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 216,480</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> &#160; 128 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> -</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 216,609</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total of depreciation and amortization </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 794,892</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 217,680</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 80,291</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 1,092,863</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 30,764</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> -</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 1,123,627 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>

<p style="margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div style="border-left: none; border-right: none;">
<div id="t_ft_5KA7ROPRY800000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 67px;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td colspan="22" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 0px;">
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Cash flow </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Ipiranga </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Ultragaz </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Ultracargo </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Abastece a&#237; </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Subtotal Segments </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">Others <sup>(3)</sup></span></span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Elimination </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td>&#160;</td>
</tr>
<tr>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px; width: 28%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Acquisition of property, plant, and equipment </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> 386,693 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> 336,871 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> 298,272 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> 636 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> 1,022,472 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> 5,947 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> 1,028,419 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Acquisition of intangible assets </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 156,498 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 30,150 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 15,819 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 34,824 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 237,291 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 197 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 237,488 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Payments of contractual assets with customers &#8211; exclusive rights </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 420,261 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 420,261 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 420,261 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt;"><span> Decarbonization credits (see Note 16) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 176,837 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 176,837 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 176,837 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_0FXP77D28000000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 67px;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td colspan="22" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 2020 - <span style="color: #000000; font-family: 'times new roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Re-presented</span></span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 0px;">
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Cash flow </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Ipiranga </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Ultragaz </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Ultracargo </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Abastece a&#237; </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Subtotal Segments </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">Others <sup>(3)</sup></span></span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Elimination </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"><br/></td>
</tr>
<tr style="height: 10px;">
<td>&#160;</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px; width: 28%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Acquisition of property, plant, and equipment </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> 245,980 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> 276,470 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> 211,287 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> 5,149 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> 738,886 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> 11,732 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7%;">
<p style="margin: 0pt; text-align: right;"><span> 750,618 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Acquisition of intangible assets </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 85,337 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 32,613 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 5,596 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 10,285 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 133,831 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 20,703 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 154,534 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Payments of contractual assets with customers &#8211; exclusive rights </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 351,233 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 4,812 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 356,045 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 356,045 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt;"><span> Decarbonization credits (see Note 16) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 125,345 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 125,345 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 125,345 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
</tbody>
</table>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div style="border-left: none; border-right: none;">
<div id="t_ft_MOQVF2X7I800000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; width: 100.655%; height: 69px;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><br/></p>
</td>
<td colspan="19" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 2019 &#8211; <span style="color: #000000; font-family: 'times new roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Re-presented</span></span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 0px;">
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Cash flow </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Ipiranga </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Ultragaz </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Ultracargo </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Subtotal Segments </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-family: 'times new roman', times;"><span style="font-weight: bold;">Others <sup>(3)</sup></span></span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Elimination </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td>&#160;</td>
</tr>
<tr>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 13px; width: 28%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Acquisition of property, plant, and equipment </span></p>
</td>
<td class="ng-scope" style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 9%;">284,882</td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 1%;"><br/></td>
<td class="ng-scope" style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 9%;">222,082</td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 1%;"><br/></td>
<td class="ng-scope" style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 8%;">206,369</td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 1%;"><br/></td>
<td class="ng-scope" style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 8%;">713,333</td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 1%;"><br/></td>
<td class="ng-scope" style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 8%;">7,446</td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 1%;"><br/></td>
<td class="ng-scope" style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 8%;">-</td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 1%;"><br/></td>
<td class="ng-scope" style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 8%;">720,779</td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 1%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Acquisition of intangible assets </span></p>
</td>
<td class="ng-scope" style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;">70,193</td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;"><br/></td>
<td class="ng-scope" style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;">27,702</td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;"><br/></td>
<td class="ng-scope" style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;">617</td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;"><br/></td>
<td class="ng-scope" style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;">98,512</td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;"><br/></td>
<td class="ng-scope" style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;">12,739</td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;"><br/></td>
<td class="ng-scope" style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;">-</td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;"><br/></td>
<td class="ng-scope" style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;">111,251</td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payments of contractual assets with customers &#8211; exclusive rights </span></p>
</td>
<td class="ng-scope" style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;">327,346</td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;"><br/></td>
<td class="ng-scope" style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;">2,722</td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;"><br/></td>
<td class="ng-scope" style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;">-</td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;"><br/></td>
<td class="ng-scope" style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;">330,068</td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;"><br/></td>
<td class="ng-scope" style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;">-</td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;"><br/></td>
<td class="ng-scope" style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;">-</td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;"><br/></td>
<td class="ng-scope" style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;">330,068</td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;"><br/></td>
</tr>
</tbody>
</table>
</div>
</div>

<p style="margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_VFGEPVRYVK00000000000000000000b">
<table cellpadding="0" style="height: 0px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td colspan="22" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 0px;">
<td rowspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Assets </span></p>
</td>
<td rowspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Ipiranga </span></p>
</td>
<td rowspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"><br/></td>
<td rowspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"><br/></td>
<td rowspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Ultragaz </span></p>
</td>
<td rowspan="2" style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
<td rowspan="2" style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
<td rowspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Ultracargo </span></p>
</td>
<td rowspan="2" style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
<td rowspan="2" style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
<td rowspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Abastece a&#237; </span></p>
</td>
<td rowspan="2" style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
<td rowspan="2" style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
<td rowspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Subtotal Segments </span></p>
</td>
<td rowspan="2" style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
<td rowspan="2" style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
<td rowspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">Others <sup>(3)</sup></span></span></p>
</td>
<td rowspan="2" style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
<td rowspan="2" style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
<td rowspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Assets from subsidiaries held for sale </span></p>
</td>
<td rowspan="2" style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
<td rowspan="2" style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
<td rowspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td rowspan="2" style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
<td rowspan="2" style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td>&#160;</td>
</tr>
<tr>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 20%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total assets (excluding intersegment transactions) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8%;">
<p style="margin: 0pt; text-align: right;"><span> 21,050,793 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8%;">
<p style="margin: 0pt; text-align: right;"><span> 3,233,736 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8%;">
<p style="margin: 0pt; text-align: right;"><span> 2,675,453 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8%;">
<p style="margin: 0pt; text-align: right;"><span> 152,212 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8%;">
<p style="margin: 0pt; text-align: right;"><span> 27,112,194 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8%;">
<p style="margin: 0pt; text-align: right;"><span> 897,246 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8%;">
<p style="margin: 0pt; text-align: right;"><span> 11,000,917 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8%;">
<p style="margin: 0pt; text-align: right;"><span> 39,010,357 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div style="border-left: none; border-right: none;">
<div id="t_ft_O6PNVV77TC00000000000000000000b">
<table cellpadding="0" style="height: 0px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.9509%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td colspan="28" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 78.2441%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 0.981194%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 19.9509%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Assets </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 5.96893%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Ipiranga </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 1.06296%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 5.96893%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Ultragaz </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 6.0507%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Oxiteno </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 5.96893%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Ultracargo </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 1.06296%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 5.96893%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Extrafarma </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.06296%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 5.96893%;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Abastece a&#237; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 6.0507%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Subtotal Segments </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 5.96893%;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">Others <sup>(3)</sup></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 1.06296%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 5.96893%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Elimination </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 1.30208%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 1.06296%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 5.96893%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 0.981194%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 0.981194%;"><br/></td>
</tr>
<tr>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 19.9509%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total assets (excluding intersegment transactions) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.96893%;">
<p style="margin: 0pt; text-align: right;"><span> 18,761,207 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.06296%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.96893%;">
<p style="margin: 0pt; text-align: right;"><span> 2,927,061 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.0507%;">
<p style="margin: 0pt; text-align: right;"><span> 8,892,850 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.981194%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.981194%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.96893%;">
<p style="margin: 0pt; text-align: right;"><span> 2,197,675 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.06296%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.96893%;">
<p style="margin: 0pt; text-align: right;"><span> 1,845,038 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.06296%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.96893%;">
<p style="margin: 0pt; text-align: right;"><span> 85,787 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.0507%;">
<p style="margin: 0pt; text-align: right;"><span> 34,709,618 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.96893%;">
<p style="margin: 0pt; text-align: right;"><span> 1,540,544 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.06296%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.981194%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.96893%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.30208%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.06296%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.96893%;">
<p style="margin: 0pt; text-align: right;"><span> 36,250,162 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.981194%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.981194%;"><br/></td>
</tr>
</tbody>
</table>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<table style="width: 100%; margin: 0px; text-indent: 0px; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td style="width: 2.08504%; vertical-align: top;" valign="top"><span style="font-size: 8pt; font-family: 'times new roman', times;">(3)</span></td>
<td style="width: 97.915%; vertical-align: top;" valign="top">
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><span style="border-right: none; border-left: none;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="border-right: none; border-left: none;">The &#8220;Others&#8221; column comprises the parent company Ultrapar (including goodwill from certain acquisitions) and the subsidiaries Serma, Imaven, Ultrapar International, UVC Investimentos and UVC - Fundo de investimento.</span></span></span></p>
</td>
</tr>
</tbody>
</table>

</div>
<div>
<div style="border-left: none; border-right: none;">
<div id="t_ft_R8TVSV1IZ400000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 310px;" width="100%">
<tbody>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 58.9007%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: center;"><span> 2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 1.31062%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 1.06645%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: center;"><span> 2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: top; background-color: #ffffff; height: 17px; width: 0.984413%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #ffffff; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: center;"><span> 2019 </span></p>
</td>
<td style="vertical-align: top; background-color: #ffffff; height: 17px; width: 1.31062%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 58.9007%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.31062%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.06645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.977%; text-align: center;"><span style="color: #000000; font-family: 'times new roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Re-presented</span></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: top; height: 17px; width: 0.984413%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 11.977%; text-align: center;"><span style="color: #000000; font-family: 'times new roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Re-presented</span></td>
<td style="vertical-align: top; height: 17px; width: 1.31062%;"><br/></td>
</tr>
<tr style="height: 11px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 58.9007%; height: 11px;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Income before financial result, income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 11px;">
<p style="margin: 0pt; text-align: right;"><span> 1,769,380 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.31062%; height: 11px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.06645%; height: 11px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 11px;">
<p style="margin: 0pt; text-align: right;"><span> 1,501,929 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.984413%; height: 11px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; width: 0.984413%; height: 11px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; width: 11.977%; height: 11px;">
<p style="margin: 0pt; text-align: right;"><span> 2,038,528 </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; width: 1.31062%; height: 11px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 58.9007%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Financial result, net </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> (762,732 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31062%;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.06645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> (550,348 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.984413%;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 0.984413%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span>(673,351 </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 1.31062%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 58.9007%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Income before income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> 1,006,648 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31062%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.06645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> 951,581 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 0.984413%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> 1,365,177 </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 1.31062%;"><br/></td>
</tr>
<tr style="height: 11px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 11px; width: 58.9007%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Additions to PP&amp;E and intangible assets (excluding intersegment account balances): </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 11px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 11px; width: 1.31062%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 11px; width: 1.06645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 11px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 11px; width: 0.984413%;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 11px; width: 0.984413%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 11px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 11px; width: 1.31062%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 58.9007%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Ultragaz </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> 367,021 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.31062%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.06645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> 309,083 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 0.984413%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> 249,784 </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 1.31062%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 58.9007%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Ipiranga </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> 550,874 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.31062%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.06645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> 338,848 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 0.984413%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> 370,864 </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 1.31062%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 58.9007%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Ultracargo </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> 316,873 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.31062%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.06645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> 218,898 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 0.984413%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> 217,377 </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 1.31062%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 58.9007%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Abastece a&#237; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> 35,460 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.31062%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.06645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> 15,434 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 0.984413%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 1.31062%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 58.9007%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; border-top: 1pt solid #000000; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> 1,270,228 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.31062%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.06645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; border-top: 1pt solid #000000; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> 882,263 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 0.984413%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; border-top: 1pt solid #000000; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> 838,025 </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 1.31062%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 58.9007%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Others <span style="font-size: 8pt;"><sup>(1)</sup></span></span></p>
</td>
<td style="padding: 0px; height: 10px; border-bottom: 1pt solid #000000; width: 11.977%; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><span> 6,143 </span></p>
</td>
<td style="padding: 0px; height: 10px; width: 1.31062%; vertical-align: bottom;" valign="bottom"><br/></td>
<td style="padding: 0px; height: 10px; width: 1.06645%; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; height: 10px; border-bottom: 1pt solid #000000; width: 11.977%; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><span> 32,437 </span></p>
</td>
<td style="padding: 0px; height: 10px; width: 0.984413%; vertical-align: bottom;" valign="bottom"><br/></td>
<td style="padding: 0px; height: 10px; width: 0.984413%; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; height: 10px; border-bottom: 1pt solid #000000; width: 11.977%; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><span> 20,185 </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px; width: 1.31062%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 58.9007%;">
<p style="margin: 0pt;"><span> Total additions to PP&amp;E and intangible assets, excluding decarbonization credits (see Notes 15 and 16) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> 1,276,371 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31062%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.06645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> 914,700 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 0.984413%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> 858,210 </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 1.31062%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 58.9007%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span> Asset retirement obligation &#8211; fuel tanks (see Note 22) </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> (451 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.31062%;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.06645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> (163 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.984413%;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 0.984413%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span>(290 </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 1.31062%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 58.9007%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Capitalized borrowing costs </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> (10,013 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.31062%;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.06645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> (9,385 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 0.984413%;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 0.984413%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span>(25,890 </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 1.31062%;">)</td>
</tr>
<tr style="height: 13px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 13px; width: 58.9007%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total investments in PP&amp;E and intangible assets (cash flow) </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 13px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> 1,265,907 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 13px; width: 1.31062%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 13px; width: 1.06645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 13px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> 905,152 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 13px; width: 0.984413%;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 13px; width: 0.984413%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 13px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> 832,030 </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 13px; width: 1.31062%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 58.9007%;">
<p style="margin: 0pt;"><span> Addition on contractual assets with customers &#8211; exclusive rights (see Note 12): </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; width: 1.31062%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; width: 1.06645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; width: 0.984413%;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px; width: 0.984413%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px; width: 1.31062%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 58.9007%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Ipiranga </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> 689,986 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.31062%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.06645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> 543,382 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 0.984413%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> 330,068 </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 1.31062%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 58.9007%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Ultragaz </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.31062%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.06645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> 5,703 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 0.984413%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 1.31062%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 58.9007%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> 689,986 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.31062%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.06645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> 549,085 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.984413%;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 0.984413%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.977%;">
<p style="margin: 0pt; text-align: right;"><span> 330,068 </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 1.31062%;"><br/></td>
</tr>
</tbody>
</table>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<table style="width: 100%; margin: 0px; text-indent: 0px; height: 34px; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr style="height: 34px;">
<td style="width: 1.83974%; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 34px; vertical-align: top;" valign="top"><span style="font-size: 8pt;">(1)</span></td>
<td style="width: 98.1603%; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 34px; vertical-align: top;" valign="top">
<p style="margin: 0px; text-align: justify; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">The &#8220;Others&#8221; column comprises the parent company Ultrapar (including goodwill from certain acquisitions) and the subsidiaries Serma, Imaven, Ultrapar International, UVC Investimentos and </span><span style="font-family: 'Times New Roman';">UVC </span><span style="font-family: 'Times New Roman';">&#8211;</span><span style="font-family: 'Times New Roman';"> Fundo de investimento</span><span style="font-family: 'Times New Roman';">.</span></span></p>
</td>
</tr>
</tbody>
</table>

<p style="margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-style: italic; font-weight: bold;">b</span><span style="font-style: italic; font-weight: bold;">. </span><span style="font-style: italic; font-weight: bold;">Geographic </span><span style="font-style: italic; font-weight: bold;">a</span><span style="font-style: italic; font-weight: bold;">rea </span><span style="font-style: italic; font-weight: bold;">i</span><span style="font-style: italic; font-weight: bold;">nformation</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span>The right-of-use assets, PP&amp;E and intangible assets of the Company and its subsidiaries are located in Brazil, except those related to Oxiteno&#8217; plants abroad, which were reclassified to assets of subsidiaries held for sale on December 31, 2021, for further details see Note 3.b, as shown below:&#160; &#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_J39R1IYC0G00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto; height: 86px;" width="80%">
<tbody>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 73%; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> United States of America </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 1,152,876 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Mexico </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 163,042 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Uruguay </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 90,347 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span> 1,406,265 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The subsidiaries generate revenue from operations in Brazil, as well as from exports of products to foreign customers, as disclosed below:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_VUWM2SW0CG00000000000000000000b">
<table cellpadding="0" style="height: 157px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 85%; margin-left: auto; margin-right: auto;" width="85%">
<tbody>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span> 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span> 2020 </span></p>
</td>
<td style="vertical-align: top; background-color: #ffffff; padding: 0px; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #ffffff; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #ffffff; padding: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span> 2019 </span></p>
</td>
<td style="vertical-align: top; background-color: #ffffff; padding: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"><span style="color: #000000; font-family: 'times new roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Re-presented&#160;</span>(i) </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"><span style="color: #000000; font-family: 'times new roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Re-presented&#160;</span>(i) </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 59%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net revenue from sale and services: </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><br/></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 1%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 1%;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Brazil </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span> 109,598,146 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span> 73,941,162 </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span> 82,927,227&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Other Latin American countries </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span> 69,523 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span> 45,356 </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 19px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 19px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 19px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span> 40,655&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 19px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> United States of America and Canada </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span> 35,279 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span> 29,935 </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span> 16,906&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Europe </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span> 18,876 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span> 34,460 </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span> 17,058&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span> 11,018 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span> 7,143 </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 19px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 19px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 19px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span> 2,883&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 19px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span> 109,732,842 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span> 74,058,056 </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span> 83,004,729&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify; font-family: 'Times New Roman'; font-size: 7pt;"><span style="font-family: 'Times New Roman'; font-size: 7pt;">&#160;</span></p>
<table style="width: 100%; margin: 0px; text-indent: 0px; height: 10px; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr style="height: 10px;">
<td style="width: 2.08504%; height: 10px;">(i)</td>
<td style="width: 97.915%; height: 10px;">
<p style="margin: 0px; break-after: avoid; break-inside: avoid; text-align: justify; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> For further information see Note <span style="border-left: none; border-right: none;">3</span>.c.<span style="border-left: none; border-right: none;">3</span>.</span></p>
</td>
</tr>
</tbody>
</table>
</div>
<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for operating segments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Section Disclosure<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;doctype=Standard&amp;dita_xref=IFRS08_g20-24_TI<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfOperatingSegmentsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfOperatingSegmentsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147279023512">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Risks and Financial Instruments<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsAbstract', window );"><strong>Disclosure of detailed information about financial instruments [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsExplanatory', window );">Risks and Financial Instruments</a></td>
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<div>
<p style="margin: 0pt 0pt 0pt; font-weight: bold;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span>33</span><span style="font-weight: bold;">. </span><span style="font-weight: bold;">Risks and </span><span style="font-weight: bold;">f</span><span style="font-weight: bold;">inancial </span><span style="font-weight: bold;">i</span><span style="font-weight: bold;">nstruments</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">a. </span><span style="font-style: italic; font-weight: bold;">Risk </span><span style="font-style: italic; font-weight: bold;">m</span><span style="font-style: italic; font-weight: bold;">anagement and </span><span style="font-style: italic; font-weight: bold;">f</span><span style="font-style: italic; font-weight: bold;">inancial </span><span style="font-style: italic; font-weight: bold;">i</span><span style="font-style: italic; font-weight: bold;">nstruments &#8211; </span><span style="font-style: italic; font-weight: bold;">g</span><span style="font-style: italic; font-weight: bold;">overnance&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The main risks to which the Company and its subsidiaries are exposed reflect strategic/operational and economic/financial aspects. Operational/strategic risks (including, but not limited to, demand behavior, competition, technological innovation, and material changes in the industry structure) are addressed by the Company&#8217;s management model. Economic/financial risks primarily reflect default of customers, behavior of macroeconomic variables, such as exchange and interest rates, as well as the characteristics of the financial instruments used by the Company and its subsidiaries and their counterparties. These risks are managed through control policies, specific strategies, and the establishment of limits.&#160;&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The Company has a policy for the management of resources, financial instruments, and risks approved by its Company&#8217;s Board of Directors (&#8220;Policy&#8221;). In accordance with the Policy, the main objectives of financial management are to preserve the value and liquidity of financial assets and ensure financial resources for the development of the business, including expansions. The main financial risks considered in the Policy are market risks (currencies, interest rates and commodities), liquidity and credit. The governance of the management of financial risks follows the segregation of duties below:&#160; &#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The execution of the Policy has done by corporate financial board, through its treasury department, with the assistance of the accounting, legal and tax departments.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The monitoring of compliance of the Policy and possible issues is the responsibility of the Risk and Investment Committee, (&#8220;Committee&#8221;), which is composed of CFO, Treasury Director, Controller and other directors designated by the CFO and which meet quarterly. The monthly monitoring of Policy standards is responsibility of the CFO.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Approval of the Policy and the periodic assessment of Company exposure to financial risks are subject to the approval of the Company&#8217;s Board of Directors of Ultrapar.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The Audit and Risks Committee advises the Company&#8217;s Board of Directors in the assessment of controls, management and exposure of financial risks and revision of Policy. The Risk, Compliance and Audit board monitors of standards compliance of the Policy and reports to the Audit and Risks Committee the risks exposure and compliance or noncompliance of the Policy.</span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-style: italic; font-weight: bold;">b. </span><span style="font-style: italic; font-weight: bold;">Currency </span><span style="font-style: italic; font-weight: bold;">r</span><span style="font-style: italic; font-weight: bold;">isk</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Most transactions of the Company, through its subsidiaries, are located in Brazil and therefore, the reference currency for risk management is the Brazilian Real. Currency risk management is guided by neutrality of currency exposures and considers the risks of the Company and its subsidiaries and their exposure to changes in exchange rates. The Company considers as its main currency exposures the changes in assets and liabilities in foreign currency.&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The Company and its subsidiaries use exchange rate hedging instruments (especially between the Brazilian Real and the U.S. dollar) available in the financial market to protect their assets, liabilities, receipts, and disbursements in foreign currency and net investments in foreign operations. Hedge is used in order to reduce the effects of changes in exchange rates on the Company&#180;s income and cash flows in Brazilian Reais within the exposure limits under its Policy. Such foreign exchange hedging instruments have amounts, periods, and rates substantially equivalent to those of assets, liabilities, receipts, and disbursements in foreign currencies to which they are related. </span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Assets and liabilities in foreign currencies are stated below, translated into Brazilian Reais:&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span>b.1 </span><span style="font-style: italic; font-weight: bold;">Assets and </span><span style="font-style: italic; font-weight: bold;">l</span><span style="font-style: italic; font-weight: bold;">iabilities in </span><span style="font-style: italic; font-weight: bold;">f</span><span style="font-style: italic; font-weight: bold;">oreign </span><span style="font-style: italic; font-weight: bold;">c</span><span style="font-style: italic; font-weight: bold;">urrencies</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">

<table cellpadding="0" style="height: 275px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Assets in foreign currency </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 73%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Cash, cash equivalents and financial investments in foreign currency (except hedging instruments) </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span> 122,242 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; width: 1%; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; width: 1%; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 10px; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span> 1,413,276 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; width: 1%; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Foreign trade receivables, net of loss allowance for expected credit losses and advances to foreign customers </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 1,324 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 307,829 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Other assets </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 186,548 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 1,767,626 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Asset exposure from subsidiaries held for sale </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 3,839,194 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span> 4,149,308 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span> 3,488,731 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Liabilities in foreign currency </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Financing in foreign currency, gross of transaction costs and discount </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (8,860,833</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (9,246,707</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payables arising from imports, net of advances to foreign suppliers </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (649,107</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (633,013</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Liabilities exposure from subsidiaries held for sale </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (884,402 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; border-top: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> (10,394,342</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; border-top: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> (9,879,720</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Foreign currency hedging instruments </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 2,933,572 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 4,837,554 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Foreign currency hedging instruments from subsidiaries held for sale </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 1,786,471 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Net liability position &#8211; total </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span> (1,524,991 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span> (1,553,435 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Net (liability) asset position &#8211; income statement effect </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (498,604 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 186,306 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Net liability position &#8211; equity effect from subsidiaries held for sale </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (1,026,387 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (1,739,741 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
</tbody>
</table>


</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">
<p style="margin: 0pt; text-align: justify;"><br/></p>
</div>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span>b.2 </span><span style="font-style: italic; font-weight: bold;">Sensitivity </span><span style="font-style: italic; font-weight: bold;">a</span><span style="font-style: italic; font-weight: bold;">nalysis of </span><span style="font-style: italic; font-weight: bold;">a</span><span style="font-style: italic; font-weight: bold;">ssets and </span><span style="font-style: italic; font-weight: bold;">l</span><span style="font-style: italic; font-weight: bold;">iabilities in </span><span style="font-style: italic; font-weight: bold;">f</span><span style="font-style: italic; font-weight: bold;">oreign </span><span style="font-style: italic; font-weight: bold;">c</span><span style="font-style: italic; font-weight: bold;">urrency</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span>For the base scenario, future market curves as of December 31, <span style="border-left: none; border-right: none;">2021</span> were used applied on the net position of the Company exposed to the currency risk, simulating the effects of appreciation and devaluation of the Real in the income statement, impacted by the average U.S. dollar of R$ 5.6514 on December 31,2021.&#160;&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>

<div style="border-left: none; border-right: none;">
<div id="Normadiv517" style="font-family: 'times new roman', times; font-size: 10pt;">
<div>
<div>
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The table below shows the effects of exchange rate changes on the net liability position of R$ 1,524,991 in foreign currency as of December 3<span style="border-left: none; border-right: none;">1</span>, <span style="border-left: none; border-right: none;">20</span><span style="border-left: none; border-right: none;">2</span><span style="border-left: none; border-right: none;">1</span>:</span></p>
</div>
</div>
</div>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 12.75pt;">
<td style="padding: 0px; vertical-align: bottom; width: 65.5279%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 21.3251%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Risk </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.9048%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Scenario </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.0352%;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding: 0px; vertical-align: bottom; width: 65.5279%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 21.3251%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.9048%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Base </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.0352%;"><br/></td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 65.5279%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Income statement effect </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 21.3251%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Real devaluation </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.9048%;">
<p style="margin: 0pt; text-align: right;"><span> (25,230 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0352%;">)</td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding: 0px; vertical-align: bottom; width: 65.5279%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 21.3251%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net effect </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9048%;">
<p style="margin: 0pt; text-align: right;"><span> (25,230 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.0352%;">)</td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 65.5279%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Income statement effect </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 21.3251%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Real appreciation </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.9048%;">
<p style="margin: 0pt; text-align: right;"><span> 25,230 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0352%;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding: 0px; vertical-align: bottom; width: 65.5279%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 21.3251%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net effect </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9048%;">
<p style="margin: 0pt; text-align: right;"><span> 25,230 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.0352%;"><br/></td>
</tr>
</tbody>
</table>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-style: italic; font-weight: bold;">c. </span><span style="font-style: italic; font-weight: bold;">Interest </span><span style="font-style: italic; font-weight: bold;">r</span><span style="font-style: italic; font-weight: bold;">ate </span><span style="font-style: italic; font-weight: bold;">r</span><span style="font-style: italic; font-weight: bold;">isk</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The Company and its subsidiaries adopt policies for borrowing and investing financial resources and for capital cost minimization. The financial investments of the Company and its subsidiaries are primarily held in transactions linked to the DI, as set forth in Note <span style="border-left: none; border-right: none;">5</span>. Borrowings primarily relate to financing from Banco do Brasil, as well as debentures and borrowings in foreign currency, as shown in Note <span style="border-left: none; border-right: none;">17</span>.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The Company attempts to maintain most of its financial interest assets and liabilities at floating rates.</span></p>

<p style="margin: 0pt; text-align: justify;"><br/></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span>c.1 Assets and liabilities exposed to floating interest rates&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>

<div style="border-right: none; border-left: none;">
<div id="Normadiv518" style="font-family: 'times new roman', times; font-size: 10pt;">
<div>
<div>
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The financial assets and liabilities exposed to floating interest rates are demonstrated below:&#160;</span></p>
</div>
</div>
</div>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<table cellpadding="0" style="height: 265px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Note </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> DI </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 68%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Cash equivalents </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 5%;">
<p style="margin: 0pt; text-align: center;"><span> 5.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span> 1,943,164 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span> 2,241,852 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Financial investments </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 5.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 1,607,608 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 3,749,852 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Loans and debentures </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 17.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (4,855,517 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (6,947,362 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Liability position of foreign exchange hedging instruments &#8211; DI </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 33.g </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (2,283,625 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (2,124,146 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Liability position of fixed interest instruments + IPCA &#8211; DI </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 33.g </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (2,364,583 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (2,203,705 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Net liability position in DI </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> (5,952,953 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> (5,283,509 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> TJLP </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Loans &#8211; TJLP </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 17.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (326 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (29,803 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Net liability position in TJLP </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> (326 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> (29,803 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span> LIBOR </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span> Asset position of foreign exchange hedging instruments &#8211; LIBOR </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 33.g </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 279,047 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 260,958 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span> Loans &#8211; LIBOR </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 17.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (275,936 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> (573,484 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span> Net liability position in LIBOR </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> 3,111 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> (312,526 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total net liability position exposed to floating interest </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span> (5,950,168 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span> (5,625,838 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">)</td>
</tr>
</tbody>
</table>

<p style="margin: 0pt; text-align: justify;"><br/></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-style: italic; font-weight: bold;">c.</span><span>2</span><span style="font-style: italic; font-weight: bold;"> </span><span style="font-style: italic; font-weight: bold;">Sensitivity </span><span style="font-style: italic; font-weight: bold;">a</span><span style="font-style: italic; font-weight: bold;">nalysis of </span><span style="font-style: italic; font-weight: bold;">f</span><span style="font-style: italic; font-weight: bold;">loating </span><span style="font-style: italic; font-weight: bold;">i</span><span style="font-style: italic; font-weight: bold;">nterest </span><span style="font-style: italic; font-weight: bold;">r</span><span style="font-style: italic; font-weight: bold;">ate </span><span style="font-style: italic; font-weight: bold;">r</span><span style="font-style: italic; font-weight: bold;">isk</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">For sensitivity analysis of floating interest rate risk, in December 31, 2021 the Company used the market curves of the reference indexes (DI, TJLP, <span style="border-left: none; border-right: none;">LIBOR</span> and SELIC) as a base scenario. </span></p>
<div style="border-right: none; border-left: none;">
<div id="Normadiv519" style="font-family: 'times new roman', times; font-size: 10pt;">

</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The tables below show the incremental expenses and income that would be recognized in finance income, if the market curves of floating interest at the base date were applied to the average balances of the current year, due to the effect of floating interest rate.&#160;&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<table cellpadding="0" style="height: 214px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 67.6885%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 18.227%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 11.9304%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 0.9942%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 1.07705%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 67.6885%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 18.227%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Risk </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9304%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Scenario </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.07705%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 67.6885%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 18.227%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9304%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Base </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.07705%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 67.6885%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; text-decoration: underline;"> Exposure of interest rate risk </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 18.227%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9304%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.9942%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.07705%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 67.6885%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest effect on cash equivalents and financial </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 18.227%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Increase in DI </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9304%;">
<p style="margin: 0pt; text-align: right;"><span> 153,160 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.07705%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 67.6885%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest effect on debt in DI </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 18.227%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Increase in DI </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9304%;">
<p style="margin: 0pt; text-align: right;"><span> (360,652 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.9942%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.07705%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 67.6885%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest rate hedging instruments (liabilities in DI) effect </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 18.227%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Increase in DI </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9304%;">
<p style="margin: 0pt; text-align: right;"><span> (221,157 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.07705%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 67.6885%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Incremental expenses </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 18.227%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9304%;">
<p style="margin: 0pt; text-align: right;"><span> (428,649 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.9942%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.07705%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 67.6885%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest effect on debt in TJLP </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 18.227%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Increase in TJLP </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9304%;">
<p style="margin: 0pt; text-align: right;"><span> (7 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.07705%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 67.6885%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Incremental expenses </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 18.227%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9304%;">
<p style="margin: 0pt; text-align: right;"><span> (7 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.9942%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.07705%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 67.6885%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span> Foreign exchange hedging instruments (assets in LIBOR) effect </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 18.227%;">
<p style="margin: 0pt; text-align: center;"><span> Increase in LIBOR </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9304%;">
<p style="margin: 0pt; text-align: right;"><span> 11 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.07705%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 67.6885%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span> Interest effect on debt in LIBOR </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 18.227%;">
<p style="margin: 0pt; text-align: center;"><span> Increase in LIBOR </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9304%;">
<p style="margin: 0pt; text-align: right;"><span> (94 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.9942%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.07705%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 67.6885%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Incremental expenses </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 18.227%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9304%;">
<p style="margin: 0pt; text-align: right;"><span> (83 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.07705%;"><br/></td>
</tr>
</tbody>
</table>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-style: italic; font-weight: bold;">d. </span><span style="font-style: italic; font-weight: bold;">Credit </span><span style="font-style: italic; font-weight: bold;">r</span><span style="font-style: italic; font-weight: bold;">isks</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The financial instruments that would expose the Company and its subsidiaries to credit risks of the counterparty are basically represented by cash and bank deposits, financial investments, hedging instruments (see Note <span style="border-left: none; border-right: none;">5</span>), and trade receivables (see Note <span style="border-left: none; border-right: none;">6</span>).</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span>d.1 </span><span style="font-style: italic; font-weight: bold;">Credit risk of financial institutions </span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Such risk results from the inability of financial institutions to comply with their financial obligations to the Company and its subsidiaries due to insolvency. The Company and its subsidiaries regularly conduct a credit review of the institutions with which they hold cash and cash equivalents, financial investments, and hedging instruments through various methodologies that assess liquidity, solvency, leverage, portfolio quality, etc. Cash and cash equivalents, financial investments, and hedging instruments are held only with institutions with a solid credit history, chosen for safety and soundness. The volume of cash and cash equivalents, financial investments, and hedging instruments are subject to maximum limits by each institution and, therefore, require diversification of counterparties.</span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span>d.2 </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Government credit risk</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The Company's policy allows investments in government securities from countries classified as investment grade AAA or </span><span style="font-family: 'Times New Roman';">a</span><span style="font-family: 'Times New Roman';">aa</span><span style="font-family: 'Times New Roman';"> by specialized credit rating agencies</span><span style="font-family: 'Times New Roman';"> (S&amp;P, </span><span style="font-family: 'Times New Roman';">Moody&#8217;s</span><span style="font-family: 'Times New Roman';"> and Fitch)</span><span style="font-family: 'Times New Roman';"> and in Brazilian government bonds. The volume of such financial investments is subject to maximum limits by each country and, therefore, requires diversification of counterparties.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>

<div style="border-right: none; border-left: none;">
<div id="Normadiv521" style="font-family: 'times new roman', times; font-size: 10pt;">
<div>
<div>
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The credit risk of </span><span style="font-family: 'Times New Roman';">financial institution and government of </span><span style="font-family: 'Times New Roman';">cash, cash equivalents and financial investments is summarized below:&#160;</span></span></p>
</div>
</div>
</div>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<table cellpadding="0" style="height: 102px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 71.5021%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.23457%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="4" style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 26.1318%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Fair value </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; border-bottom: 1pt solid #000000; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 71.5021%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Counterparty credit rating </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.23457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 11.9342%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; width: 1.23457%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.02881%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 11.9342%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 71.5021%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> AAA </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.23457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> 3,606,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.23457%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> 8,190,428 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 71.5021%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> AA </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.23457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> 740,879 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.23457%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> 317,894 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 71.5021%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> A </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.23457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> 116,594 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.23457%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> 163,838 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 71.5021%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.23457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> 4,463,473 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.23457%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> 8,672,160 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 1.02881%;"><br/></td>
</tr>
</tbody>
</table>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span>d.3 </span><span style="font-style: italic; font-weight: bold;">Customer credit risk</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The credit policy establishes the analysis of the profile of each new customer, individually, regarding their financial condition. The review carried out by the subsidiaries of the Company includes the evaluation of external ratings, when available, financial statements, credit bureau information, industry information and, when necessary, bank references. Credit limits are established for each customer and reviewed periodically, in a shorter period the greater the risk, depending on the approval of the responsible area in cases of sales that exceed these limits.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">In monitoring credit risk, customers are grouped according to their credit characteristics and depending on the business the grouping takes into account, for example, whether they are natural or legal clients, whether they are wholesalers, resellers or final customers, considering also the geographic area.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The expected of credit losses are calculated by the expected loss approach based on the probability of default rates. Loss rates are calculated on the basis of the average probability of a receivable amount to advance through successive stages of default until full write-off. The probability of default calculation takes into account a credit risk score for each exposure, based on data considered to be capable of foreseeing the risk of loss (external classifications, audited financial statements, cash flow projections, customer information available in the press, for example), with addition of the credit assessment based on experience.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span>Such credit risks are managed by each business unit through specific criteria for acceptance of customers and their credit rating and are additionally mitigated by the diversification of sales. No single customer or group accounts for more than 10% of total revenue.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The subsidiaries of the Company request guarantees related to trade receivables and other receivables in specific situations to customers, but these guarantees don&#8217;t influence in the calculation of risk of loss. </span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>

<div style="border-right: none; border-left: none;">
<div id="Normadiv522" style="font-family: 'times new roman', times; font-size: 10pt;">
<div>
<div>
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The subsidiaries of the Company maintained the following loss allowance for expected credit losses balances on trade receivables:</span></p>
</div>
</div>
</div>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<table cellpadding="0" style="height: 119px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9342%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.02881%; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.13169%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 12.037%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.02881%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Ipiranga </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> 422,542 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.13169%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> 447,389 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Ultragaz </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> 135,565 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.13169%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> 113,621 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Oxiteno (*) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.13169%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> 16,430 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Extrafarma (*) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.13169%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> 73 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Ultracargo </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> 1,526 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.13169%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> 1,594 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> 559,633 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.13169%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> 579,107 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 1.02881%; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<div id="Normadiv523" style="font-family: 'times new roman', times; font-size: 10pt;">
<div>
<div>
<div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">(*) On December 31, 2021 the balances were reclassified to assets of subsidiaries held for sale.</span></p>
</div>
</div>
</div>
</div>
</div>

<p style="font-size: 11pt; line-height: 115%; margin: 2pt 0pt 10pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>

<div style="border-right: none; border-left: none;">
<div id="Normadiv524" style="font-family: 'times new roman', times; font-size: 10pt;">
<div>
<div>
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The table below presents information about credit risk exposure, resulting from the additions of the balances of trade receivables and reseller financing:&#160;</span></p>
</div>
</div>
</div>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<table cellpadding="0" style="height: 132px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 28.9147%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td colspan="7" style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 33.9686%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; border-bottom: 1pt solid #000000; height: 17px; width: 0.9942%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 0.9942%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td colspan="7" style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 33.9686%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; border-bottom: 1pt solid #000000; width: 1.07705%; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 28.9147%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 10.0249%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Weighted average rate of losses </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 0.9942%; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 0.9942%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 10.0249%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Accounting balance </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 0.9942%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; width: 0.9942%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 9.942%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Provision for losses </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 0.9942%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 0.9942%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 10.0249%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Weighted average rate of losses </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 0.9942%; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 0.9942%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 10.0249%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Accounting balance </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 0.9942%; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; width: 0.9942%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 9.942%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Provision for losses </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 1.07705%; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; text-align: left; width: 28.9147%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: left;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 0.6% </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 3,901,536 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 23,476 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 1.2% </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 3,751,067 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 44,091 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.07705%; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; text-align: left; width: 28.9147%;">
<p style="margin: 0pt; text-align: left;"><span> less than 30 days </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%;">
<p style="margin: 0pt; text-align: right;"><span> 7.3% </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%;">
<p style="margin: 0pt; text-align: right;"><span> 109,284 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.942%;">
<p style="margin: 0pt; text-align: right;"><span> 8,005 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%;">
<p style="margin: 0pt; text-align: right;"><span> 2.2% </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%;">
<p style="margin: 0pt; text-align: right;"><span> 134,836 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.942%;">
<p style="margin: 0pt; text-align: right;"><span> 2,939 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.07705%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; text-align: left; width: 28.9147%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: left;"><span> 31-60 days </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 20.4% </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 57,545 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 11,746 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 8.2% </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 43,207 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 3,563 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.07705%; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; text-align: left; width: 28.9147%;">
<p style="margin: 0pt; text-align: left;"><span> 61-90 days </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%;">
<p style="margin: 0pt; text-align: right;"><span> 23.0% </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%;">
<p style="margin: 0pt; text-align: right;"><span> 39,177 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.942%;">
<p style="margin: 0pt; text-align: right;"><span> 9,016 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%;">
<p style="margin: 0pt; text-align: right;"><span> 10.9% </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%;">
<p style="margin: 0pt; text-align: right;"><span> 42,589 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.942%;">
<p style="margin: 0pt; text-align: right;"><span> 4,630 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.07705%; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; text-align: left; width: 28.9147%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: left;"><span> 91-180 days </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 10.0249%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 49.1% </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 10.0249%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 50,588 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 24,818 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 10.0249%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 36.8% </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 10.0249%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 76,158 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 28,062 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.07705%; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; text-align: left; width: 28.9147%;">
<p style="margin: 0pt; text-align: left;"><span> more than 180 days </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 10.0249%;">
<p style="margin: 0pt; text-align: right;"><span> 57.5% </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 10.0249%;">
<p style="margin: 0pt; text-align: right;"><span> 838,532 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.942%;">
<p style="margin: 0pt; text-align: right;"><span> 482,572 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 10.0249%;">
<p style="margin: 0pt; text-align: right;"><span> 55.7% </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 10.0249%;">
<p style="margin: 0pt; text-align: right;"><span> 890,756 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.942%;">
<p style="margin: 0pt; text-align: right;"><span> 495,822 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.07705%; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 28.9147%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 10.0249%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 4,996,662 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 9.942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 559,633 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 10.0249%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 4,938,613 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 9.942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 579,107 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 1.07705%; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
</tbody>
</table>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>

<div id="Normadiv525" style="font-family: 'times new roman', times; font-size: 10pt;">
<div>
<div>
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The information about </span><span style="font-family: 'Times New Roman';">loss allowance for expected credit losses</span><span style="font-family: 'Times New Roman';"> balances by geographic area are as follows:</span></span></p>
</div>
</div>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<table cellpadding="0" style="height: 120px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9342%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.33745%; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.02881%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 12.037%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.02881%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Brazil </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> 559,532 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.33745%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> 568,461 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> United States of America and Canada </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> 3 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.33745%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> 1,146 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Other Latin America countries </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> 15 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.33745%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> 271 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Europe </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> 66 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.33745%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> 9,120 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> 17 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.33745%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> 109 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%; height: 17px;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> 559,633 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.33745%; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.02881%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> 579,107 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%; height: 18px;"><br/></td>
</tr>
</tbody>
</table>
</div>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">For </span><span style="font-family: 'Times New Roman';">more</span><span style="font-family: 'Times New Roman';"> information about the allowance for </span><span style="font-family: 'Times New Roman';">loss allowance for expected credit losses</span><span style="font-family: 'Times New Roman';">, see Notes</span><span style="font-family: 'Times New Roman';"> </span><span>6</span><span style="font-family: 'Times New Roman';">.a and </span><span>6</span><span style="font-family: 'Times New Roman';">.b.</span></span></p>

</div>
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span>d.4 Price risk</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The Company and its subsidiaries are exposed to commodity price risk, due the fluctuation in prices for diesel and gasoline, among others. These products are traded on the stock exchange and are subjected to the impacts of macroeconomic and geopolitical factors outside the control of the Company and its subsidiaries.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">To mitigate the risk of the fluctuation of diesel and gasoline prices, the Company and its subsidiaries permanently monitor the market, seeking to protection of price movements through hedge transactions for cargo purchased in the international market, used contracts of derivative for heating oil (diesel) and RBOB (gasoline) traded on the stock exchange.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>

<div id="Normadiv526" style="font-family: 'times new roman', times; font-size: 10pt;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The table below shows the positions of derivative financial instruments to hedge commodity price risk at December 3<span style="border-left: none; border-right: none;">1</span>, <span style="border-left: none; border-right: none;">202</span><span style="border-left: none; border-right: none;">1</span>:</span></p>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<div style="border-left: none; border-right: none;">
<table cellpadding="0" style="height: 71px; border-collapse: collapse; margin: 0px 0px 0px 0.1px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px;" width="100%">
<tbody>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 8.26245%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Derivative </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.45808%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="5" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 23.6938%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Contract </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 19.4411%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">Notional amount (m <span style="font-size: 7pt;"><sup>3</sup></span></span><span style="font-family: 'Times New Roman'; font-weight: bold;">)</span></span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; width: 1.21507%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 19.4411%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Notional amount (USD thousands) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 19.5626%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Fair value (R$ thousands) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 8.26245%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.45808%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.68287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Position </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.45808%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.68287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Product </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.45808%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.41191%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Maturity </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 8.38396%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 8.38396%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.21507%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 8.38396%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 8.38396%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 8.50547%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.45808%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 8.50547%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 8.26245%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Term </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.45808%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 6.68287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Sold </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.45808%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 6.68287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Heating Oil </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.45808%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.41191%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> jan-22 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 8.38396%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 167,255 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 8.38396%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 108,429 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.21507%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 8.38396%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 103,148 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 8.38396%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 42,399 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 8.50547%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 2,269 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.45808%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 8.50547%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (563 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.09356%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 8.26245%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Term </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.45808%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.68287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Sold </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.45808%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.68287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> RBOB </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.45808%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.41191%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> jan-22 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.38396%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 29,413 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.38396%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21507%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.38396%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 17,112 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.38396%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.50547%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (967 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.09356%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45808%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.50547%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.26245%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45808%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.68287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45808%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.68287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45808%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.41191%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; background-color: #cceeff; width: 8.38396%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 17px; background-color: #cceeff; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; background-color: #cceeff; width: 8.38396%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 17px; background-color: #cceeff; width: 1.21507%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; background-color: #cceeff; width: 8.38396%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 17px; background-color: #cceeff; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; background-color: #cceeff; width: 8.38396%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 17px; background-color: #cceeff; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; width: 8.50547%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 1,302 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45808%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; width: 8.50547%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (563 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.09356%; margin: 0px; text-indent: 0px;">)</td>
</tr>
</tbody>
</table>
</div>
</div>


</div>
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-style: italic; font-weight: bold;">e. </span><span style="font-style: italic; font-weight: bold;">Liquidity </span><span style="font-style: italic; font-weight: bold;">r</span><span style="font-style: italic; font-weight: bold;">isk</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The Company and its subsidiaries&#8217; main sources of liquidity derive from (i)&#160;cash, cash equivalents, and financial investments, (ii)&#160;cash generated from operations and (iii)&#160;financing. The Company and its subsidiaries believe that these sources are sufficient to satisfy their current funding requirements, which include, but are not limited to, working capital, capital expenditures, amortization of debt, and payment of dividends.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The Company and its subsidiaries periodically examine opportunities for acquisitions and investments. They consider different types of investments, either directly, through joint ventures, or through associated companies, and finance such investments using cash generated from operations, debt financing, through capital increases, or through a combination of these methods.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span>The Company and its subsidiaries believe to have sufficient working capital, sources of financing and income from continuing operation to meet their current needs. The gross indebtedness due over the next <span style="border-left: none; border-right: none;">twelve</span> months totals R$ 3,605,377, including estimated interest on loans (for quantitative information, see Note <span style="border-left: none; border-right: none;">17</span>.a). Furthermore, the business investments made in <span style="border-left: none; border-right: none;">20</span><span style="border-left: none; border-right: none;">2</span><span style="border-left: none; border-right: none;">1</span> totaled R$ 1,883,839. On December 3<span style="border-left: none; border-right: none;">1</span>, <span style="border-left: none; border-right: none;">20</span><span style="border-left: none; border-right: none;">2</span><span style="border-left: none; border-right: none;">1</span>, the Company and its subsidiaries had R$ 4,084,196 in cash, cash equivalents, and short-term financial investments (for quantitative information, see Note <span style="border-left: none; border-right: none;">5</span>).&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>

<div style="border-right: none; border-left: none;">
<div id="Normadiv527" style="font-family: 'times new roman', times; font-size: 10pt;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The table below presents a summary of financial liabilities as of December 3<span style="border-left: none; border-right: none;">1</span>, <span style="border-left: none; border-right: none;">20</span><span style="border-left: none; border-right: none;">2</span><span style="border-left: none; border-right: none;">1</span> by the Company and its subsidiaries, listed by maturity. The amounts disclosed in this table are the contractual undiscounted cash outflows, and, therefore, these amounts &#8203;&#8203;may be different from the amounts disclosed on the balance sheet.&#160;</span></p>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<table cellpadding="0" style="height: 50px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Financial liabilities </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Less than <span style="border-left: none; border-right: none;">1</span> year </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span> Between 1 and 3 years </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span> Between 3 and 5 years </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span> More than 5 years </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 31%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Loans including future contractual interest <span style="font-size: 9pt;"><sup>(1) (2)</sup></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span> 19,825,386 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span> 3,605,377 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span> 5,081,235 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span> 4,237,708 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span> 6,901,066 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Currency and interest rate hedging instruments<span style="font-size: 9pt;"><sup> (3)</sup></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 747,861 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 214,846 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 272,208 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 169,274 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 91,533 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Trade payables </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 5,789,954 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 5,789,954 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Leases payable </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 2,145,602 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 304,007 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 505,547 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 370,828 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 965,220 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
</tbody>
</table>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div style="border-left: none; border-right: none;">
<table style="width: 100%; margin: 0px; font-family: 'times new roman'; font-size: 10pt; text-indent: 0px; height: 78px;">
<tbody>
<tr style="height: 10px;">
<td style="width: 1%; text-align: justify; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top; height: 10px;" valign="top"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(</span><span style="border-left: none; border-right: none;">1</span><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="width: 99%; text-align: justify; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top; height: 10px;" valign="top"><span style="font-size: 10pt; font-family: 'times new roman', times;">To calculate the estimated interest on loans some macroeconomic assumptions were used, including&#160;averaging&#160;for the period&#160;the following:&#160;(i) DI of&#160;11.74%&#160;to&#160;2022&#160;and&#160;10.32%&#160;to&#160;2023;&#160;(ii) exchange rate of the&#160;Real&#160;against the U.S. dollar of&#160;R$&#160;5.75&#160;in&#160;2022, R$&#160;5.45&#160;in&#160;2023, R$&#160;5.10&#160;in&#160;2024&#160;and R$&#160;4.90&#160;as from&#160;2025;&#160;(iii) TJLP of&#160;6.08%;&#160;(iv) IPCA of&#160;5.11% in&#160;2022,&#160;3.32%&#160;in&#160;2023,&#160;3.1% in&#160;2024&#160;and&#160;3.0% as from&#160;2025.&#160;(source:&#160;B3, Bulletin Focus and financial institutions).</span></td>
</tr>
<tr style="height: 17px;">
<td style="text-align: justify; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top; height: 17px;" valign="top"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(</span><span style="border-left: none; border-right: none;">2</span><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="text-align: justify; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top; height: 17px;" valign="top">&#160;Includes estimated interest payments on short-term and long-term loans until the payment date.</td>
</tr>
<tr style="height: 51px;">
<td style="text-align: justify; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top; height: 51px;" valign="top"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(</span><span style="border-left: none; border-right: none;">3</span><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="text-align: justify; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top; height: 51px;" valign="top">The currency and interest rate hedging instruments were estimated based on projected U.S dollar futures contracts and the futures curves&#160;of DI x prefixed rate and&#160;DI&#160;x IPCA&#160;contracts&#160;quoted on&#160;B3&#160;on&#160;December&#160;31,&#160;2021&#160;and on the futures curve of&#160;LIBOR&#160;(ICE&#160;&#8211;&#160;Intercontinental&#160;Exchange)&#160;and commodities heating oil&#160;contracts quoted on&#160;New York Mercantile Exchange&#160;(&#8220;NYMEX&#8221;)&#160;on&#160;December 31,&#160;2021. In the table above, only the hedging instruments with negative results&#160;at the time of settlement were considered.</td>
</tr>
</tbody>
</table>
</div>


<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><br/></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-style: italic; font-weight: bold;">f. </span><span style="font-style: italic; font-weight: bold;">Capital </span><span style="font-style: italic; font-weight: bold;">m</span><span style="font-style: italic; font-weight: bold;">anagement</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span>The Company manages its capital structure based on indicators and benchmarks. The key performance indicators related to the capital structure management are the weighted average cost of capital, net debt / EBITDA, interest coverage, and indebtedness / equity ratios. Net debt is composed of cash, cash equivalents, and financial investments (see Note 5) and loans, including debentures (see Note 17). The Company can change its capital structure depending on the economic and financial conditions, in order to optimize its financial leverage and capital management. The Company seeks to improve its return on invested capital by implementing efficient working capital management and a selective investment program.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-style: italic; font-weight: bold;">g. </span><span style="font-style: italic; font-weight: bold;">Selection and </span><span style="font-style: italic; font-weight: bold;">u</span><span style="font-style: italic; font-weight: bold;">se of </span><span style="font-style: italic; font-weight: bold;">f</span><span style="font-style: italic; font-weight: bold;">inancial </span><span style="font-style: italic; font-weight: bold;">i</span><span style="font-style: italic; font-weight: bold;">nstruments</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">In selecting financial investments and hedging instruments, an analysis is conducted to estimate rates of return, risks involved, liquidity, calculation methodology for the carrying value and fair value, and a review is conducted of any documentation applicable to the financial instruments. The financial instruments used to manage the financial resources of the Company and its subsidiaries are intended to preserve value and liquidity.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span>The Policy contemplates the use of derivative financial instruments only to cover identified risks and in amounts consistent with the risk (limited to 100% of the identified risk). The risks identified in the Policy are described in the above sections and are subject to risk management. In accordance with the Policy, the Company and its subsidiaries can use forward contracts, Swaps, options, and futures contracts to manage identified risks. Leveraged derivative instruments are not permitted. Because the use of derivative financial instruments is limited to the coverage of identified risks, the Company and its subsidiaries use the term &#8220;hedging instruments&#8221; to refer to derivative financial instruments.</span></p>

<p style="margin: 0pt; text-align: justify;"><br/></p>
</div>
<div>

<div style="border-right: none; border-left: none;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The table below summarizes the position of hedging instruments entered by the Company and its subsidiaries:&#160;&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; text-decoration: underline;">Designated as hedge accounting</span></p>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<table cellpadding="0" style="height: 0px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px; margin-left: 0.1px;" width="100%">
<tbody>
<tr style="height: 14px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 14px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Product </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 14px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Hedged object </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td colspan="2" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Rates agreement </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Maturity </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Note </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">Notional amount <sup>1</sup></span></span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 14px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Fair value </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 14px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Assets </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Liabilities </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; background-color: #cceeff; width: 17%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Foreign exchange swap </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 9%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Debt </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 9%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> USD + 4.65 % </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 9%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 104.87% DI </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 7%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> sep-23 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 5%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 33.h.1 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 9%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> USD 125,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 9%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> USD 185,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 7%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 212,510 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 7%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 298,889 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 1%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Foreign exchange swap </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Debt </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> USD + LIBOR-3M + 1.14% </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 105.00% DI </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> jun-22 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 33.h.1 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> USD 50,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> USD 50,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 109,332 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 94,782 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 18px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Interest rate swap </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Debt </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 4.59% + IPCA </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 102.00% DI </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> sep-28 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 33.h.1 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> R$ 2,266,054 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> R$ 806,054 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 166,468 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 203,837 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Interest rate swap </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Debt </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 6.47% </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 99.94% DI </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> nov-24 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 33.h.1 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> R$ 90,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> R$ 90,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (9,044 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 3,498 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Term&#160;</span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Firm commitments </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> BRL </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Heating Oil </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> jan-22 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 33.h.1 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> USD 120,260 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> USD 42,399 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 1,302 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (563 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> NDF </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Firm commitments </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> BRL </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> USD </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> jan-22 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 33.h.1 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> USD 68,361 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> USD 23,124 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="vertical-align: bottom; height: 10px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 5,702 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (733 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 486,270 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 599,710 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
</tbody>
</table>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<div id="Normadiv528" style="font-family: 'times new roman', times; font-size: 10pt;">
<div>
<div>
<div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold; text-decoration: underline;">Not designated as hedge accounting</span></p>
</div>
</div>
</div>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<table cellpadding="0" style="height: 0px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px; margin-left: 0.1px;" width="100%">
<tbody>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Product </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Hedged object </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td colspan="2" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Rates agreement </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Maturity </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">Notional amount <sup>1</sup></span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td colspan="4" style="padding-right: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; padding-left: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Fair value </span></p>
</td>
<td style="padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; padding-left: 0px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Assets </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Liabilities </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 17%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Foreign exchange swap </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 10%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Debt </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 10%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> USD + 0.18% </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 10%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 55.5% DI </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 8%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 9%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 9%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> USD 320,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 8%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 8%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 300,000519,260 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> NDF </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Firm commitments </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> USD </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> BRL </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> jun-22 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> USD 625,762 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> USD 378,550 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="vertical-align: bottom; height: 10px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 3,463 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (112,152 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 13px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 13px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Interest rate swap </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 13px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Debt </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2.67% </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 100% DI </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 13px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> R$ 1,300,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 13px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="vertical-align: bottom; height: 13px; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 13px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (5 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 13px; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Interest rate swap&#160;</span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Debt </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 5.25% </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> DI - 1.36% </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> jun-29 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> USD 300,000</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="vertical-align: bottom; height: 10px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (126,752 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (123,289 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 407,103 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<div id="Normadiv529" style="font-family: 'times new roman', times; font-size: 10pt;">
<div>
<div>
<div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><sup><span>(1) </span></sup>Currency as indicated.</span></p>
</div>
</div>
</div>
</div>
</div>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">All transactions mentioned above were properly registered with CETIP S.A.&#160; &#160;</span></p>

</div>
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-style: italic; font-weight: bold;">h. </span><span style="font-style: italic; font-weight: bold;">Hedge </span><span style="font-style: italic; font-weight: bold;">a</span><span style="font-style: italic; font-weight: bold;">ccounting</span><span style="font-style: italic; font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The Company and its subsidiaries use derivative and non-derivative financial instruments for hedging purposes and test, throughout the duration of the hedge, their effectiveness, as well as the changes in their fair value. </span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span>h.1 Fair value hedge</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The Company and its subsidiaries designate as fair value hedges certain financial instruments used to offset the variations in interest and exchange rates, which are based on the market value of financing contracted in Brazilian Reais and U.S. dollars.&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>

<div style="border-right: none; border-left: none;">
<div id="Normadiv530" style="font-family: 'times new roman', times; font-size: 10pt;">
<div>
<div>
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The foreign exchange hedging instruments designated as fair value hedge are:</span></p>
</div>
</div>
</div>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<table cellpadding="0" style="height: 102px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> In thousands, except the DI % </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 73%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Notional amount &#8211; US$ </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span> 175,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span> 235,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Result of hedging instruments &#8211; gain/(loss) &#8211; R$ </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 21,812 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 574,378 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Fair value adjustment of debt &#8211; R$ </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 47,064 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (13,131 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Finance expense in the statements of profit or loss &#8211; R$ </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (105,059 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (597,735 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Average effective cost &#8211; DI % </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 104.9 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 104.1 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<p style="margin: 0pt; text-align: justify;"><span>For more information, see Note 17.c.1.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The interest rate hedging instruments designated as fair value hedge are:</span></p>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<table cellpadding="0" style="height: 102px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> In thousands, except the DI % </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 73%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Notional amount &#8211; US$ </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span> 2,226,054 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span> 806,054 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Result of hedging instruments &#8211; gain/(loss) &#8211; R$&#160;</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (17,922 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 67,446 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fair value adjustment of debt &#8211; R$ </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 166,374 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (18,446 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Finance expense in the statements of profit or loss &#8211; R$ </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (245,710 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (99,555 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Average effective cost &#8211; DI % </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 102.0 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 95.8 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<div id="Normadiv531" style="font-family: 'times new roman', times; font-size: 10pt;">
<div>
<div>
<div>
<p style="margin: 0pt; text-align: justify;"><span>For more information, see Notes 17.f.2, 17.f.4, 17.f.6, 17.f.8, 17.f.9 and f.10.</span></p>
</div>
</div>
</div>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<table cellpadding="0" style="height: 102px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> In thousands, except the DI % </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 73%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Notional amount &#8211; US$ </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span> 90,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span> 90,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Result of hedging instruments &#8211; gain/(loss) &#8211; R$ </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (10,088 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 6,528 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fair value adjustment of debt &#8211; R$ </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 11,756 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 3,250 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Finance expense in the statements of profit or loss &#8211; R$ </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (5,914 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (8,968 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Average effective cost &#8211; DI % </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 99.9 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 99.9 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">For more information, see Note </span><span>17</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';">f</span><span>.7.</span></span></p>

<div style="border-left: none; border-right: none;">

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The foreign exchange hedging instruments and commodities designated as fair value hedge are as described below</span><span style="font-family: 'Times New Roman';"> and are concentrated in subsidiary IPP</span><span style="font-family: 'Times New Roman';">. The purpose of this relationship is to transform the cost of the imported product from fixed to variable until the moment of blend the fuel, as occurs with the price practiced in its sales. The I</span><span style="font-family: 'Times New Roman';">PP</span><span style="font-family: 'Times New Roman';"> realizes these operations with over-the-counter derivatives that are designated in a hedge accou</span><span style="font-family: 'Times New Roman';">n</span><span style="font-family: 'Times New Roman';">ting relationship, as a fair value hedge in an amount equivalent to the inventories of imported product.&#160;</span></span></p>
</div>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<table cellpadding="0" style="height: 54px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80.0001%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> In thousands </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 73%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Notional amount &#8211; US$ </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span> 188,621 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span> 65,523 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Result of hedging instruments &#8211; gain/(loss) &#8211; R$ </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (129,670 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (87,448 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fair value adjustment of inventories &#8211; R$ </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (4,352 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 18,468 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
</tbody>
</table>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span>h.2 Cash flow hedge</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The Company and its subsidiaries designate, as cash flow hedge</span><span style="font-family: 'Times New Roman';"> for protection against variations arising from exchange rate changes</span><span style="font-family: 'Times New Roman';">, derivative financial instruments to </span><span style="font-family: 'Times New Roman';">hedge</span><span style="font-family: 'Times New Roman';"> firm commitments and non-derivative financial instruments to </span><span style="font-family: 'Times New Roman';">hedge</span><span style="font-family: 'Times New Roman';"> highly probable future transactions.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">On </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, <span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">the notional amount of foreign exchange hedging instruments for highly probable future transactions designated as </span><span style="font-family: 'Times New Roman';">cash flow</span><span style="font-family: 'Times New Roman';"> hedge</span><span style="font-family: 'Times New Roman';">, related to</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">notes in the foreign market </span><span style="font-family: 'Times New Roman';">totaled US$ </span><span>386,787</span><span style="font-family: 'Times New Roman';"> (US$ </span><span>468,215</span><span style="font-family: 'Times New Roman';"> on December 31, 20</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">On </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, <span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">the</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">unrealized </span><span style="font-family: 'Times New Roman';">gain</span><span style="font-family: 'Times New Roman';"> of</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">&#8220;</span><span style="font-family: 'Times New Roman';">Other comprehensive income</span><span style="font-family: 'Times New Roman';">&#8221;</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">is</span><span style="font-family: 'Times New Roman';"> R</span><span style="font-family: 'Times New Roman';">$&#160;</span><span>7,880</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">(</span><span style="font-family: 'Times New Roman';">loss of R$ </span><span>315,403</span><span style="font-family: 'Times New Roman';"> on December 31, 20</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';">, net of deferred </span><span style="font-family: 'Times New Roman';">IRPJ and CSLL</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';"> The impacts and balances of cash flow hedge are reco</span><span style="font-family: 'Times New Roman';">gnized at </span><span style="font-family: 'Times New Roman';">Oxiteno</span><span style="font-family: 'Times New Roman';">, a group company that was reclassified as held for sale and discontinued operations.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span>h.3 Net investment hedge in foreign entities</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The Company and its subsidiaries designate, as net investment</span><span style="font-family: 'Times New Roman';"> hedge </span><span style="font-family: 'Times New Roman';">in foreign entities, </span><span style="font-family: 'Times New Roman';">notes in the foreign market</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">for hedging net investment in foreign entities,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">to offset </span><span style="font-family: 'Times New Roman';">changes</span><span style="font-family: 'Times New Roman';"> in exchange rates.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">On </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';"> the balance of </span><span style="font-family: 'Times New Roman';">foreign </span><span style="font-family: 'Times New Roman';">exchange hedging instruments designated as net investments </span><span style="font-family: 'Times New Roman';">hedge </span><span style="font-family: 'Times New Roman';">in foreign entities, related to </span><span style="font-family: 'Times New Roman';">part of </span><span style="font-family: 'Times New Roman';">the investments made in entities </span><span style="font-family: 'Times New Roman';">which</span><span style="font-family: 'Times New Roman';"> functional currency </span><span style="font-family: 'Times New Roman';">is </span><span style="font-family: 'Times New Roman';">other than the Brazilian Real, totaled US$ </span><span>95,000</span><span style="font-family: 'Times New Roman';"> (US$ </span><span>95,000</span><span style="font-family: 'Times New Roman';"> on December 31, 20</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">being recognized a loss in &#8220;Other comprehensive income&#8221; of R$</span><span> 24,064</span><span style="font-family: 'Times New Roman';"> on </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, <span style="border-left: none; border-right: none;">2021</span> (loss of R$</span><span style="font-family: 'Times New Roman';"> </span><span>73,108 on December 31, 2020), net of </span><span style="font-family: 'Times New Roman';">deferred income and social contribution taxes</span><span style="font-family: 'Times New Roman';">. The effects of exchange variation on investments and notes in the foreign market were offset in shareholders' equity.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';"><span style="font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; color: #212121; font-family: 'Times New Roman';">The impacts and balances of<span>&#160;</span></span><span style="font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; color: #212121; font-family: 'Times New Roman';">net investments hedge in foreign<span>&#160;</span></span><span style="font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; color: #212121; font-family: 'Times New Roman';">are recognized at<span>&#160;</span>Oxiteno, a group company that was reclassified as held for sale and discontinued operations</span><br/></span></span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="font-size: 11pt; line-height: 115%; margin: 2pt 0pt 10pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">i. Gains (losses) on </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">h</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">edging </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">i</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">nstruments</span></span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The following tables summarize the value of gains (losses) recognized, which affected the equity of the Company and its subsidiaries:</span></p>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<div style="border-right: none; border-left: none;">
<table cellpadding="0" style="height: 112px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="4" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 26.1317%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9342%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Profit (loss)</span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.02881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.13169%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 12.037%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Equity </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 72.7366%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> a &#8211; Currency swaps&#160;receivable in U.S. dollars (i) and (ii) and commodities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9342%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (205,680 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13169%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12.037%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> b &#8211; Interest rate swaps in R$ (iii) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> (101,488 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.13169%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> c &#8211; Non-derivative financial instruments (iv) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9342%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 21,547 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.13169%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (753,655 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> (285,621 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.13169%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> (753,655 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%;">)</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<table cellpadding="0" style="height: 92px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="4" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 26.1317%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9342%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Profit (loss)</span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.02881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.13169%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 12.037%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Equity </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 72.7366%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> a &#8211; Currency swaps&#160;receivable in U.S. dollars (i) and (ii) and commodities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9342%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 497,210 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13169%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12.037%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.02881%; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> b &#8211; Currency swaps&#160;payable in U.S. dollars (ii) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> (330,999 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.02881%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13169%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> 80 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> c &#8211; Interest rate swaps in R$ (iii) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> 58,131 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.02881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.13169%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> d &#8211; Non-derivative financial instruments (iv) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> (919,219 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.02881%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13169%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> (737,471 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.02881%;">)</td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; background-color: #cceeff; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> (694,877 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.02881%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.13169%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> (737,391 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.02881%;">)</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<table cellpadding="0" style="height: 112px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="4" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 26.1317%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2019 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9342%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Profit or loss </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.02881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.13169%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 12.037%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Equity </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 72.7366%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> a &#8211; Currency swaps&#160;receivable in U.S. dollars (i) and (ii) and commodities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9342%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 230,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13169%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12.037%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.02881%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> b &#8211; Currency swaps&#160;payable in U.S. dollars (ii) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> (1,667 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.13169%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> (80 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> c &#8211; Interest rate swaps in R$ (iii) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> (4,035 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.13169%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> d &#8211; Non-derivative financial instruments (iv) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> (262,098 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.13169%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> (348,959 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> (37,800 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.13169%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> (349,039 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;">)</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div style="border-left: none; border-right: none;">
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td style="width: 1%; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(i)</span></td>
<td style="width: 98%; vertical-align: top;" valign="top"><span style="font-family: 'Times New Roman';">D</span><span style="font-family: 'Times New Roman';">oes not consider the effect of exchange rate variation of exchange&#160;</span><span style="font-family: 'Times New Roman';">S</span><span style="font-family: 'Times New Roman';">waps receivable in U</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';">S</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';">&#160;dollars when this effect is offset in the gain or loss of the hedged item (debt</span><span style="font-family: 'Times New Roman';">/</span><span style="font-family: 'Times New Roman';">firm commitments</span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';">.</span></td>
</tr>
<tr>
<td style="vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(ii)</span></td>
<td style="vertical-align: top;" valign="top"><span style="font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Considers the designation effect of foreign exchange hedging</span><span style="font-family: 'Times New Roman';">.</span></span></td>
</tr>
<tr>
<td style="vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(iii)</span></td>
<td style="vertical-align: top;" valign="top"><span style="font-family: 'Times New Roman';">C</span><span style="font-family: 'Times New Roman';">onsiders&#160;the designation effect of interest rate hedging in Brazilian&#160;Reais</span><span style="font-family: 'Times New Roman';">; and</span></td>
</tr>
<tr>
<td style="vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(iv)</span><br/></td>
<td style="vertical-align: top;" valign="top"><span style="font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Considers the&#160;</span><span style="font-family: 'Times New Roman';">results</span><span style="font-family: 'Times New Roman';">&#160;of notes in&#160;</span><span style="font-family: 'Times New Roman';">the&#160;</span><span style="font-family: 'Times New Roman';">foreign market</span><span style="font-family: 'Times New Roman';">&#160;(for&#160;</span><span style="font-family: 'Times New Roman';">more</span><span style="font-family: 'Times New Roman';">&#160;information see Note&#160;</span><span>17</span><span style="font-family: 'Times New Roman';">.b).</span></span></td>
</tr>
</tbody>
</table>
</div>

<div style="border-right: none; border-left: none;">

</div>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">j. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Fair </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">v</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">alue of </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">f</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">inancial </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">i</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">nstruments</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>

<div style="border-right: none; border-left: none;">
<div id="Normadiv534" style="font-family: 'times new roman', times; font-size: 10pt;">
<div>
<div>
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The fair values and the carrying values of the financial instruments, including currency and interest rate hedging instruments, are</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">stated below:</span></span></p>
</div>
</div>
</div>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<table cellpadding="0" style="height: 306px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td colspan="4" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td colspan="4" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 20px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Category </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Note </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Carrying value </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Fair value </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Carrying value </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Fair value </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 30%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial assets: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 26%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Cash and cash equivalents </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Cash and bank </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at amortized cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span>5.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 334,547 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 334,547 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 405,081 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 405,081 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial investments in local currency </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through other comprehensive income </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span>5.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 1,943,164 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 1,943,164 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 2,241,852 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 2,241,852 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial investments in foreign currency </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through profit or loss </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span>5.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 2,363 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 2,363 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 14,561 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 14,561 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial investments: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fixed-income securities and funds in local currency </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through profit or loss </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span>5.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 1,607,608 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 1,607,608 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 3,643,286 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 3,643,286 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fixed-income securities and funds in local currency </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through other comprehensive income </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span>5.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 31,315 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 31,315 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fixed-income securities (guarantee of loans) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at amortized cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span>5.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 75,251 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 75,251 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fixed-income securities and funds in foreign currency </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through other comprehensive income </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span>5.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 103,239 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 103,239 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 1,278,940 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 1,278,940 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Currency and interest rate hedging and commodities instruments </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through profit or loss </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span>5.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 472,552 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 472,552 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 981,874 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 981,874 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Trade Receivables </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at amortized cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span>6.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 3,438,995 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 3,367,012 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 3,391,122 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 3,369,766 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Reseller Financing </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at amortized cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span>6.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 998,034 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 992,359 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 968,384 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 965,645 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span> 8,900,502 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span> 8,822,844 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span> 13,031,666 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span> 13,007,571 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial liabilities: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financing </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through profit or loss </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span> 17.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 1,011,374 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 1,011,374 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 1,308,928 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 1,308,928 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financing </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at amortized cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 17.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 8,082,323 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 8,380,088 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 9,406,013 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 10,186,947 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Debentures </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at amortized cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span> 17.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 4,599,525 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 4,529,439 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 5,450,751 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 5,363,621 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Debentures </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through profit or loss </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 17.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 2,487,244 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 2,487,244 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 1,093,365 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 1,093,365 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Leases payable </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at amortized cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span> 14 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 1,348,311 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 1,348,311 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 1,833,288 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 1,833,288 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Commodities, currency and interest rate hedging instruments </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through profit or loss </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 17.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 197,177 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 197,177 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 117,159 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 117,159 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Trade payables </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at amortized cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span> 18 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 5,789,954 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 5,727,724 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 4,040,652 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 4,008,457 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Subscription warrants &#8211; indemnification </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through profit or loss </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 25 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 51,296 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 51,296 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 86,439 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 86,439 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span> 23,567,204 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span> 23,732,653 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span> 23,336,595 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span> 23,998,204 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
</tbody>
</table>


<p style="margin: 0pt; text-align: justify;"><br/></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The fair value of financial instruments, including currency and interest hedging instruments, was determined as follows:&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The fair value of cash and bank deposit balances are identical to their carrying values.</span></li>
</ul>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Financial investments in investment funds are valued at the value of the fund unit as of the date of the financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';">, which corresponds to their fair value.</span></span></li>
</ul>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Financial investments in CDBs (Bank Certificates of Deposit) and similar investments offer daily liquidity through repurchase at the &#8220;yield curve&#8221; and the Company calculates their fair value through methodologies commonly used for mark to the market.</span></li>
</ul>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The fair value of trade receivables and trade payables are approximate to their carrying values</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and the Company calculates its fair value </span><span style="font-family: 'Times New Roman';">through</span><span style="font-family: 'Times New Roman';"> methodologies commonly used in the market</span><span style="font-family: 'Times New Roman';">.</span></span></li>
</ul>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt; font-family: 'Times New Roman';"><span>The subscription warrants &#8211; indemnification was measured based on the share price of Ultrapar (UGPA3) at the financial </span><span style="font-family: 'Times New Roman';">statements</span><span> date and are adjusted to the Company&#8217;s dividend yield, since the exercise was only possible from&#160;2020 onwards and they were not entitled to dividends until then. The number of shares of subscription warrants &#8211; indemnification was also adjusted according to the changes in the amounts of provision for tax, civil, and labor risks and contingent liabilities related to the period prior to January 31, 2014 </span><span style="font-family: 'Times New Roman';">(</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';">ee Note </span><span>25</span><span style="font-family: 'Times New Roman';">).</span></span></li>
</ul>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt; font-family: 'Times New Roman';"><span style="font-family: 'Times New Roman';">The fair value calculation of notes in the foreign market is based on the quoted price in an active market</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">(see Note </span><span>17</span><span style="font-family: 'Times New Roman';">.b).</span></span></li>
</ul>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The fair value of other financial investments</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> financing </span><span style="font-family: 'Times New Roman';">and leases payable </span><span style="font-family: 'Times New Roman';">was determined using calculation methodologies commonly used for fair value&#160;</span><span style="font-family: 'Times New Roman';">reporting</span><span style="font-family: 'Times New Roman';">, which consist of calculating future cash flows associated with each instrument adopted and adjusting them to present value at the market rates </span><span style="font-family: 'Times New Roman';">as of the date of the </span><span style="font-family: 'Times New Roman';">f</span><span style="font-family: 'Times New Roman';">inancial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';"> For some cases where there is no active market for the financial instrument, the Company and its subsidiaries can use quotes provided by the transaction counterparties.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The interpretation of market information and the choice of calculation methodologies for the fair value requires considerable judgment and estimates to obtain a value deemed appropriate to each situation. Consequently, the estimates presented do not necessary indicate the amounts that may be realiz</span><span style="font-family: 'Times New Roman';">able</span><span style="font-family: 'Times New Roman';">.&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Financial instruments were classified as financial </span><span style="font-family: 'Times New Roman';">assets or </span><span style="font-family: 'Times New Roman';">liabilities measured at amortized cost, except (</span><span style="font-family: 'Times New Roman';">i</span><span style="font-family: 'Times New Roman';">) all exchange rate and interest rate hedging instruments, which are measured at fair value through profit or loss, financial investments classified as measured at fair value through profit or loss</span><span style="font-family: 'Times New Roman';"> and</span><span style="font-family: 'Times New Roman';"> financial investments that are classified as </span><span style="font-family: 'Times New Roman';">measured at fair value through other comprehensive income</span><span style="font-family: 'Times New Roman';"> (see Note </span><span>5</span><span style="font-family: 'Times New Roman';">.b</span><span style="font-family: 'Times New Roman';">), (</span><span style="font-family: 'Times New Roman';">ii</span><span style="font-family: 'Times New Roman';">) </span><span style="font-family: 'Times New Roman';">loans and financing </span><span style="font-family: 'Times New Roman';">measured at fair value through profit or loss (see Note </span><span>17</span><span style="font-family: 'Times New Roman';">.a</span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> (</span><span style="font-family: 'Times New Roman';">iii</span><span style="font-family: 'Times New Roman';">) guarantees to customers that have vendor arrangements (see Note </span><span>17</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';">i</span><span style="font-family: 'Times New Roman';">), which are measured at fair value through profit or loss</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> and (</span><span style="font-family: 'Times New Roman';">iv</span><span style="font-family: 'Times New Roman';">) </span><span style="font-family: 'Times New Roman';">subscription warrants &#8211; </span><span style="font-family: 'Times New Roman';">indemnification</span><span style="font-family: 'Times New Roman';">, which are measured at fair value through profit or loss</span><span style="font-family: 'Times New Roman';"> (see Note </span><span>25</span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';">. Cash, banks</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> trade receivables</span><span style="font-family: 'Times New Roman';"> and reseller financing</span><span style="font-family: 'Times New Roman';"> are classified as </span><span style="font-family: 'Times New Roman';">measured at amortized cost</span><span style="font-family: 'Times New Roman';">. Trade payables</span><span style="font-family: 'Times New Roman';">, leases</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">payable </span><span style="font-family: 'Times New Roman';">and other payables are classified as financial liabilities measured at amortized cost.</span></span><br/></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span>j.1 </span><span style="font-style: italic; font-weight: bold;">Fair </span><span style="font-style: italic; font-weight: bold;">v</span><span style="font-style: italic; font-weight: bold;">alue </span><span style="font-style: italic; font-weight: bold;">h</span><span style="font-style: italic; font-weight: bold;">ierarchy of </span><span style="font-style: italic; font-weight: bold;">f</span><span style="font-style: italic; font-weight: bold;">inancial </span><span style="font-style: italic; font-weight: bold;">i</span><span style="font-style: italic; font-weight: bold;">nstruments</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The financial instruments are classified in the following categories:&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span>(a) Level 1 &#8211; prices negotiated (without adjustment) in active markets for identical assets or liabilities;&#160;&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span>(b) Level 2 &#8211; inputs other than prices negotiated in active markets included in Level 1 and observable for the asset or liability, either directly (as prices) or indirectly (derived from prices).&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">

<div style="border-right: none; border-left: none;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The table below shows the categories of the financial assets and financial liabilities:&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<table cellpadding="0" style="height: 237px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; border-style: none;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 34.2857%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 30.4348%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Category </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 4.96894%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Note </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.95031%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.11801%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.49068%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.95031%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Level <span style="border-left: none; border-right: none;">1</span> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.24224%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.49068%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.82609%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Level <span style="border-left: none; border-right: none;">2</span> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.24224%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial assets: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Cash and cash equivalents </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Cash and bank </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at amortized cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span> 5.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> 334,547 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial investments in local currency </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through other comprehensive income </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span> 5.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> 1,943,164 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> 1,943,164 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial investments in foreign currency </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through profit or loss </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span> 5.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> 2,363 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> 2,363 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial investments: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fixed-income securities and funds in local currency </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through profit or loss </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span> 5.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> 1,607,608 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> 1,607,608 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fixed-income securities and funds in foreign currency </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through other comprehensive income </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span> 5.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> 103,239 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> 103,239 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Currency and interest rate hedging and commodities instruments </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through profit or loss </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span> 5.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> 472,552 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> 472,552 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Trade Receivables </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at amortized cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span> 6.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> 3,367,012 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Reseller Financing </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at amortized cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span> 6.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> 992,359 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> 8,822,844 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial liabilities: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financing </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through profit or loss </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span> 17.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> 1,011,374 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> 1,011,374 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financing </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at amortized cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span> 17.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> 8,380,088 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Debentures </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at amortized cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span> 17.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> 4,529,439 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Debentures </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through profit or loss </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span> 17.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> 2,487,244 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> 2,487,244 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Leases payable </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at amortized cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span> 14 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> 1,348,311 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Commodities, currency and interest rate hedging instruments </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through profit or loss </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span> 17.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> 197,177 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> 197,177 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Trade payables </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at amortized cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span> 18 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> 5,727,724 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Subscription warrants &#8211; indemnification <span style="font-size: 8pt;"><sup>(1)</sup></span></span></span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through profit or loss </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span> 25 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> 51,296 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> 51,296 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> 23,732,653 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
</tbody>
</table>
<div style="border-right: none; border-left: none;">
<div id="Normadiv535" style="font-family: 'times new roman', times; font-size: 10pt;">

</div>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<table cellpadding="0" style="height: 250px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Category </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Note </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.11801%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Level <span style="border-left: none; border-right: none;">1</span> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Level <span style="border-left: none; border-right: none;">2</span> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial assets: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Cash and cash equivalents&#160;</span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Cash and bank </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at amortized cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 5.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 405,081 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial investments in local currency </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through other comprehensive income </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;">
<p style="margin: 0pt; text-align: center;"><span> 5.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> 2,241,852 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> 2,241,852 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial investments in foreign currency </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through profit or loss </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 5.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 14,561 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 14,561 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial investments: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fixed-income securities and funds in local currency </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through profit or loss </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 5.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 3,643,286 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 3,643,286 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fixed-income securities and funds in local currency </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through other comprehensive income </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;">
<p style="margin: 0pt; text-align: center;"><span> 5.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> 31,315 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> 31,315 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fixed-income securities (guarantee of loans) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at amortized cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 5.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 75,251 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fixed-income securities and funds in foreign currency </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through other comprehensive income </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;">
<p style="margin: 0pt; text-align: center;"><span> 5.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> 1,278,940 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> 30,245 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> 1,248,695 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Currency and interest rate hedging and commodities instruments </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through profit or loss </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 5.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 981,874 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 981,874 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Trade Receivables </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at amortized cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;">
<p style="margin: 0pt; text-align: center;"><span> 6.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> 3,369,766 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Reseller Financing </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at amortized cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 6.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 965,645 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; border-top: 1pt solid #000000; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> 13,007,571 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial liabilities: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financing </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through profit or loss </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;">
<p style="margin: 0pt; text-align: center;"><span> 17.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> 1,308,928 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> 1,308,928 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financing </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at amortized cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 17.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 10,186,947 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Debentures </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at amortized cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;">
<p style="margin: 0pt; text-align: center;"><span> 17.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> 5,363,621 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Debentures </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through profit or loss </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 17.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 1,093,365 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 1,093,365 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Leases payable </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at amortized cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;">
<p style="margin: 0pt; text-align: center;"><span> 14 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> 1,833,288 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Commodities, currency and interest rate hedging instruments </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through profit or loss </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 17.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 117,159 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 117,159 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Trade payables </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at amortized cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;">
<p style="margin: 0pt; text-align: center;"><span> 18 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> 4,008,457 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Subscription warrants &#8211; indemnification <span style="font-size: 8pt;"><sup>(1)</sup></span></span></span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through profit or loss </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 25 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0pt; text-align: right;">86,439</p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 86,439 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> 23,998,204 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<div style="border-left: none; border-right: none;">
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt; height: 10px;">
<tbody>
<tr style="height: 10px;">
<td class="ng-scope" style="width: 3%; height: 10px;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(</span>1<span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="width: 97%; height: 10px;"><span style="font-family: 'Times New Roman';">Refers to subscription warrants issued by the Company in the&#160;Extrafarma&#160;acquisition.</span></td>
</tr>
</tbody>
</table>
</div>

</div>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">k. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Sensitivity </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">a</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">nalysis</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"> of </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">d</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">erivative </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">f</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">inancial </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">i</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">nstruments&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span>The Company and its subsidiaries use derivative financial instruments only to hedge against identified risks and in amounts consistent with the risk (limited to 100% of the identified risk). Thus, for purposes of sensitivity analysis of market risks associated with financial </span><span style="font-family: 'Times New Roman';">instruments,&#160; the</span><span style="font-family: 'Times New Roman';"> Company analyzes the hedging instrument and the hedged item together, as shown on the charts below.&#160; &#160;&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">For the sensitivity analysis of foreign exchange hedging instruments</span><span style="font-family: 'Times New Roman';"> as of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span>1</span><span>, 20</span><span>2</span><span>1</span><span style="font-family: 'Times New Roman';">, management adopted as a </span><span style="font-family: 'Times New Roman';">base</span><span style="font-family: 'Times New Roman';"> scenario the Real/U.S. dollar </span><span style="font-family: 'Times New Roman';">exchange rates at maturity of each swap, projected by U.S dollar futures contracts quoted on </span><span>B3</span><span style="font-family: 'Times New Roman';">. As a reference, the exchange rate for the last maturity of foreign exchange hedging instruments </span><span style="font-family: 'Times New Roman';">is R</span><span style="font-family: 'Times New Roman';">$ </span><span>10.25</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">(R</span><span style="font-family: 'Times New Roman';">$ </span><span>8.23</span><span style="font-family: 'Times New Roman';"> as of December 31, 20</span><span>20</span><span style="font-family: 'Times New Roman';">) </span><span style="font-family: 'Times New Roman';">in the </span><span style="font-family: 'Times New Roman';">base</span><span style="font-family: 'Times New Roman';"> scenario. </span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Based on the balances of the hedging instruments and hedged items as of </span><span style="font-family: 'Times New Roman';">December 31</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span>2021</span><span style="font-family: 'Times New Roman';">, the exchange rates were replaced, and the changes between the new balance in Brazilian Reais and the </span><span style="font-family: 'Times New Roman';">original </span><span style="font-family: 'Times New Roman';">balance in Brazilian Reais were calculated in each of the scenarios. The table below shows the change in the values of the main derivative instruments and their hedged items, considering the changes in the exchange rate in the different scenarios:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>

<table cellpadding="0" style="height: 286px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #ffffff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #ffffff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt; font-weight: bold; text-decoration: underline;"> Risk </span></p>
</td>
<td style="border-bottom: 0.5pt solid #000000; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #ffffff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt; font-weight: bold;"> Scenario Base </span></p>
</td>
<td style="border-bottom: 0.5pt solid #000000; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Currency swaps receivable in U.S. dollars </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 54%;">
<p style="margin: 0pt;"><span> (1) U.S. Dollar / Real swaps </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 34px; width: 30%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Dollar appreciation &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 15%;">
<p style="margin: 0pt; text-align: right;"><span> 137,304 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span> (2) Debts / firm commitments in dollars </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> (137,301 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt;"><span> (1)+(2) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net effect in result </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> 3 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Currency swaps payable in U.S. dollars </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span> (3) Real / U.S. Dollar swaps </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Dollar devaluation </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 49,935,747 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span> (4) Gross margin of Oxiteno/Ipiranga </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> (49,935,747 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt; font-family: terminal, monaco;">)</span></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt;"><span> (3)+(4) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net effect in result </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Cash Flow Hedge </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span> (1) Cash Flow Hedge </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Dollar devaluation </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 528,360 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span> (2) Debts </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> (528,360 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt;"><span> (1)+(2) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net effect in equity </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Net Investment hedge in foreign entities </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span> (1) Net Investment Hedge </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Dollar devaluation </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 252,423 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span> (2) Debts </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> (252,423 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt;"><span> (1)+(2) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net effect in equity </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
</tr>
</tbody>
</table>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">For sensitivity analysis of </span><span style="font-family: 'Times New Roman';">hedging instruments for </span><span style="font-family: 'Times New Roman';">interest rate</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> in Brazilian Reais</span><span style="font-family: 'Times New Roman';"> as of</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">December 31</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2021</span></span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">the Company</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">u</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';">ed the future</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> curve of </span><span style="font-family: 'Times New Roman';">the </span><span>DI x Pre contract quoted on B3 </span><span style="font-family: 'Times New Roman';">as of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span>1</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">for each </span><span style="font-family: 'Times New Roman';">of the </span><span style="font-family: 'Times New Roman';">swap and debt (hedged item)</span><span style="font-family: 'Times New Roman';"> maturities</span><span style="font-family: 'Times New Roman';">, to determine the </span><span style="font-family: 'Times New Roman';">base</span><span style="font-family: 'Times New Roman';"> scenario</span><span style="font-family: 'Times New Roman';">.&#160;&#160;</span></span></p>

<p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"><br/></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Based on the scenarios of interest rate</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> in Brazilian Reais</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">the Company estimated the </span><span style="font-family: 'Times New Roman';">values</span><span style="font-family: 'Times New Roman';"> of </span><span style="font-family: 'Times New Roman';">its</span><span style="font-family: 'Times New Roman';"> debt and hedging instruments according to the risk </span><span style="font-family: 'Times New Roman';">which</span><span style="font-family: 'Times New Roman';"> is being hedged (</span><span style="font-family: 'Times New Roman';">variations in the pre-fixed</span><span style="font-family: 'Times New Roman';"> interest rate</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> in Brazilian Reais)</span><span style="font-family: 'Times New Roman';">, by projecting </span><span style="font-family: 'Times New Roman';">them to future value </span><span style="font-family: 'Times New Roman';">at the</span><span style="font-family: 'Times New Roman';"> contracted rates and bringing them to present value </span><span style="font-family: 'Times New Roman';">at</span><span style="font-family: 'Times New Roman';"> the interest rate</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> of the </span><span style="font-family: 'Times New Roman';">estimated</span><span style="font-family: 'Times New Roman';"> scenarios. </span><span style="font-family: 'Times New Roman';">The result</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">are</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">shown</span><span style="font-family: 'Times New Roman';"> in the table below:&#160; &#160; &#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><br/></p>

<table cellpadding="0" style="height: 79px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 62.966%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 23.9437%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt; font-weight: bold; text-decoration: underline;"> Risk </span></p>
</td>
<td style="border-bottom: 0.5pt solid #000000; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 11.9304%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt; font-weight: bold;"> Scenario Base </span></p>
</td>
<td style="border-bottom: 0.5pt solid #000000; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 1.07705%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; font-size: 10pt; width: 62.966%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Interest rate swap (Real) &#8211; Debentures - CRA </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; font-size: 10pt; width: 23.9437%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; font-size: 10pt; width: 11.9304%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; font-size: 10pt; height: 17px; width: 1.07705%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; font-size: 10pt; width: 62.966%;">
<p style="margin: 0pt;"><span> (1) Fixed rate swap - DI </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 27px; font-size: 10pt; width: 23.9437%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Decrease in Pre-fixed rate </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; font-size: 10pt; width: 11.9304%;">
<p style="margin: 0pt; text-align: right;"><span> (20,053,149 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; font-size: 10pt; height: 17px; width: 1.07705%;">)</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px; font-size: 10pt; width: 62.966%;">
<p style="margin: 0pt;"><span> (2) Fixed rate debt </span></p>
</td>
<td style="border-bottom: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; font-size: 10pt; width: 11.9304%;">
<p style="margin: 0pt; text-align: right;"><span> 20,053,149 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; font-size: 10pt; height: 10px; width: 1.07705%;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; font-size: 10pt; width: 62.966%;">
<p style="margin: 0pt;"><span> (1)+(2) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; font-size: 10pt; width: 23.9437%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net effect in result </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; font-size: 10pt; border-bottom: 2.8pt double #000000; width: 11.9304%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; font-size: 10pt; height: 18px; width: 1.07705%;"><br/></td>
</tr>
</tbody>
</table>

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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFinancialInstrumentsAbstract</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for financial instruments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Section Scope<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;doctype=Standard&amp;dita_xref=IFRS07_g3-5A_TI<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147279084616">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Commitments<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
<tr class="re">
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<td class="text">&#160;<span></span>
</td>
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<tr class="ro">
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<td class="text">
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<p style="margin: 12pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">34</span><span style="font-family: 'Times New Roman'; font-weight: bold;">. Commitments</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">a. Contracts</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">a.1</span><span style="font-family: 'Times New Roman'; font-weight: bold;"> </span><span style="font-family: 'Times New Roman';">Subsidiary </span><span style="font-family: 'Times New Roman';">Ultracargo</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Log&#237;stica</span><span style="font-family: 'Times New Roman';"> has agreements with CODEBA</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">with the</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Complexo</span><span style="font-family: 'Times New Roman';"> Industrial </span><span style="font-family: 'Times New Roman';">Portu&#225;rio</span><span style="font-family: 'Times New Roman';"> Governador </span><span style="font-family: 'Times New Roman';">Eraldo</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Gueiros</span><span style="font-family: 'Times New Roman';"> and with the company </span><span style="font-family: 'Times New Roman';">Empresa</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Maranhense</span><span style="font-family: 'Times New Roman';"> de </span><span style="font-family: 'Times New Roman';">Administra&#231;&#227;o</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Portu&#225;ria</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> in connection with its port facilities in </span><span style="font-family: 'Times New Roman';">Aratu</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Suape</span><span style="font-family: 'Times New Roman';"> and </span><span style="font-family: 'Times New Roman';">Itaqui</span><span style="font-family: 'Times New Roman';">, respectively. Such agreements establish a minimum cargo movement of products, as shown below:&#160;&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>

<table cellpadding="0" style="height: 71px; border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%;" width="80%">
<tbody>
<tr style="height: 21px; background-color: #ffffff;">
<td style="vertical-align: bottom; height: 21px; background-color: #ffffff; width: 30%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Port </span></p>
</td>
<td style="vertical-align: bottom; height: 21px; background-color: #ffffff; width: 40%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Minimum movement per year </span></p>
</td>
<td style="vertical-align: bottom; height: 21px; background-color: #ffffff; width: 30%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Maturity </span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: bottom; height: 10px; background-color: #cceeff; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Aratu </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; background-color: #cceeff; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 900,000 ton. </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; background-color: #cceeff; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2022 </span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: bottom; height: 10px; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Suape </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 250,000 ton. </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2027 </span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: bottom; height: 10px; background-color: #cceeff; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Suape </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; background-color: #cceeff; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 400,000 ton. </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; background-color: #cceeff; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2029 </span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: bottom; height: 10px; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Aratu </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 465,403 ton. </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2031 </span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: bottom; height: 10px; background-color: #cceeff; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Itaqui </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; background-color: #cceeff; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,222,377 m&#179; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; background-color: #cceeff; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2049 </span></p>
</td>
</tr>
</tbody>
</table>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">If the annual movement is less than the minimum contractual movement, the subsidiary is liable to pay the difference between the effective movement and the minimum contractual movement, based on the port tariff rates in effect on the date established for payment. </span><span style="font-family: 'Times New Roman';">As of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';">, 20</span><span style="font-family: 'Times New Roman';">2</span><span style="font-family: 'Times New Roman';">1, these rates were R$ </span><span style="font-family: 'Times New Roman';">8.37</span><span style="font-family: 'Times New Roman';"> and R$ </span><span style="font-family: 'Times New Roman';">2.67</span><span style="font-family: 'Times New Roman';">&#160;per ton for </span><span style="font-family: 'Times New Roman';">Aratu</span><span style="font-family: 'Times New Roman';"> and </span><span style="font-family: 'Times New Roman';">Suape</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">respectively</span><span style="font-family: 'Times New Roman';"> and R$ </span><span style="font-family: 'Times New Roman';">0.85</span><span style="font-family: 'Times New Roman';">&#160;per</span><span style="font-family: 'Times New Roman';"> m&#179; for </span><span style="font-family: 'Times New Roman';">Itaqui</span><span style="font-family: 'Times New Roman';">. </span><span style="font-family: 'Times New Roman';">According to contractual conditions and tolerances, </span><span style="font-family: 'Times New Roman';">on </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">2021</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">there </span><span style="font-family: 'Times New Roman';">were</span><span style="font-family: 'Times New Roman';"> no material obligations</span><span style="font-family: 'Times New Roman';">&#160;</span><span style="font-family: 'Times New Roman';">regarding the minimum purchase </span><span style="font-family: 'Times New Roman';">limits</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">of </span><span style="font-family: 'Times New Roman';">the </span><span style="font-family: 'Times New Roman';">contract</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">b. Insurance coverage</span></p>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The Company </span><span style="font-family: 'Times New Roman';">is supported by </span><span style="font-family: 'Times New Roman';">insurance policies with the objective of covering several risks to which it is exposed</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">In the </span><span style="font-family: 'Times New Roman';">insurance policies </span><span style="font-family: 'Times New Roman';">t</span><span style="font-family: 'Times New Roman';">he maximum compensation values based on the risk analysis of </span><span style="font-family: 'Times New Roman';">certain locations</span><span style="font-family: 'Times New Roman';">.&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The General Liability Insurance program covers the </span><span style="font-family: 'Times New Roman';">Ultrapar</span><span style="font-family: 'Times New Roman';"> and its subsidiaries with a maximum aggregate coverage of US$ </span><span style="font-family: 'Times New Roman';">250</span><span style="font-family: 'Times New Roman';"> million</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">T</span><span style="font-family: 'Times New Roman';">he Company </span><span style="font-family: 'Times New Roman';">maintain</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> liability insurance policies</span><span style="font-family: 'Times New Roman';"> for directors</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">executive </span><span style="font-family: 'Times New Roman';">officers</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and council </span><span style="font-family: 'Times New Roman';">to </span><span style="font-family: 'Times New Roman';">indemnify Ultrapar and its subsidiaries in the total amount of US$</span><span style="font-family: 'Times New Roman';"> </span><span style="border-left: none; border-right: none;"><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">80</span></span></span><span style="font-family: 'Times New Roman';"> million</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">In addition, group life and personal accident, health and national and international transportation and other insurance policies are also maintained.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The coverage and limit of the insurance policies are based on a careful study of risks and losses conducted by independent insurance advisors</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">being the </span><span style="font-family: 'Times New Roman';">type </span><span style="font-family: 'Times New Roman';">and amounts </span><span style="font-family: 'Times New Roman';">of insurance </span><span style="font-family: 'Times New Roman';">are</span><span style="font-family: 'Times New Roman';"> considered by management to be sufficient to cover potential losses based </span><span style="font-family: 'Times New Roman';">that may occur in view of</span><span style="font-family: 'Times New Roman';"> the nature of the </span><span style="font-family: 'Times New Roman';">activities</span><span style="font-family: 'Times New Roman';"> conducted by the companies.</span></span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">c. Area port lease</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">On March 22, 2019, Ultrapar, through its subsidiary IPP, won the port concessions of three areas with minimum storage capacity of 64 thousand m&#179; (</span><span style="font-family: 'Times New Roman';">unaudited</span><span style="font-family: 'Times New Roman';">) </span><span style="font-family: 'Times New Roman';">located </span><span style="font-family: 'Times New Roman';">at the port of </span><span style="font-family: 'Times New Roman';">Cabedelo</span><span style="font-family: 'Times New Roman';">, in the state of </span><span style="font-family: 'Times New Roman';">Para&#237;ba</span><span style="font-family: 'Times New Roman';">, and one area with minimum storage capacity of 66 thousand m&#179; (unaudited) at the port of Vit&#243;ria, in the state of </span><span style="font-family: 'Times New Roman';">Esp&#237;rito</span><span style="font-family: 'Times New Roman';"> Santo, which will be designated for handling, storage and distribution of fuels. These concessions were carried out by <span style="border-left: none; border-right: none;">two</span> consortiums of which IPP holds <span style="border-left: none; border-right: none;">one</span> third of the total participation. </span><span style="font-family: 'Times New Roman';">For the port of </span><span style="font-family: 'Times New Roman';">Cabedelo</span><span style="font-family: 'Times New Roman';">, the companies </span><span style="font-family: 'Times New Roman';">Nordeste</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Log&#237;stica</span><span style="font-family: 'Times New Roman';"> I, </span><span style="font-family: 'Times New Roman';">Nordeste</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Log&#237;stica</span><span style="font-family: 'Times New Roman';"> II and </span><span style="font-family: 'Times New Roman';">Nordeste</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Log&#237;stica</span><span style="font-family: 'Times New Roman';"> III were </span><span style="font-family: 'Times New Roman';">incorporated, in partnership</span><span style="font-family: 'Times New Roman';"> with </span><span style="font-family: 'Times New Roman';">Ra&#237;zen</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Combust&#237;vel</span><span style="font-family: 'Times New Roman';"> S.A. and </span><span style="font-family: 'Times New Roman';">Petrobr&#225;s</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Distribuidora</span><span style="font-family: 'Times New Roman';"> S.A. </span><span style="font-family: 'Times New Roman';">For the port of Vit&#243;ria, </span><span style="font-family: 'Times New Roman';">the company </span><span style="font-family: 'Times New Roman';">Navegantes</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">was </span><span style="font-family: 'Times New Roman';">incorporated, in partnership</span><span style="font-family: 'Times New Roman';"> with </span><span style="font-family: 'Times New Roman';">Ra&#237;zen</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Combust&#237;vel</span><span style="font-family: 'Times New Roman';"> S.A. and </span><span style="font-family: 'Times New Roman';">Petrobr&#225;s</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Distribuidora</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">S.A</span><span style="font-family: 'Times New Roman';">. T</span><span style="font-family: 'Times New Roman';">he total investments related to IPP&#8217;s participation is up to R$160 million (</span><span style="font-family: 'Times New Roman';">unaudited</span><span style="font-family: 'Times New Roman';">) for a concession term of 25 years.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">On April 5, 2019, Company, through its subsidiary IPP and </span><span style="font-family: 'Times New Roman';">Ultracargo</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Log&#237;stica</span><span style="font-family: 'Times New Roman';">, also won three concessions. IPP won two concessions</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">in the port of Miramar, in </span><span style="font-family: 'Times New Roman';">Bel&#233;m</span><span style="font-family: 'Times New Roman';">, state of Par&#225;: (</span><span style="font-family: 'Times New Roman';">i</span><span style="font-family: 'Times New Roman';">) area BEL02A, through a consortium 50% owned by IPP,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">that shall have minimum storage capacity of 41 thousand m&#179;</span><span style="font-family: 'Times New Roman';"> (unaudited)</span><span style="font-family: 'Times New Roman';">, and (ii) area BEL04, which is currently operated by IPP with minimum storage capacity of 23 thousand m&#179; (unaudited). Such areas will be operated for at least 15 years, according to the auction notice.</span><span style="font-family: 'Times New Roman';"> For the area BEL02</span><span style="font-family: 'Times New Roman';">A</span><span style="font-family: 'Times New Roman';">, Latitude was </span><span style="font-family: 'Times New Roman';">incorporated</span><span style="font-family: 'Times New Roman';">, together with </span><span style="font-family: 'Times New Roman';">Petr&#243;leo</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Sabb&#225;</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">S.A.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Ultracargo</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Log&#237;stica</span><span style="font-family: 'Times New Roman';"> won the concession of area VDC12 in the port of Vila do Conde, in </span><span style="font-family: 'Times New Roman';">Barcarena</span><span style="font-family: 'Times New Roman';">, state of Par&#225;. The minimum storage capacity will be 59 thousand m&#179;</span><span style="font-family: 'Times New Roman';"> (unaudited)</span><span style="font-family: 'Times New Roman';">. The area will be operated by </span><span style="font-family: 'Times New Roman';">Ultracargo</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Log&#237;stica</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">for at least 25 years, according to the auction notice.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">For the area VDC12, </span><span style="font-family: 'Times New Roman';">Tequimar</span><span style="font-family: 'Times New Roman';"> Vila do Conde was </span><span style="font-family: 'Times New Roman';">incorporated</span><span style="font-family: 'Times New Roman';"> (see Note </span><span style="font-family: 'Times New Roman';">4</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';">b</span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';">.&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">On April 9, 2021, the Company, through its subsidiary </span><span style="font-family: 'Times New Roman';">Ultracargo</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Log&#237;stica</span><span style="font-family: 'Times New Roman';">, won the auction for leasing the IQI<span style="border-left: none; border-right: none;">13</span> area in the </span><span style="font-family: 'Times New Roman';">Itaqui</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">port, State of </span><span style="font-family: 'Times New Roman';">Maranh&#227;o</span><span style="font-family: 'Times New Roman';">, for storage and handling of liquid bulk</span><span style="font-family: 'Times New Roman';"> products</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">e</span><span style="font-family: 'Times New Roman';">specially fuel</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';">. In the leased area, a new terminal will be built with a minimum </span><span style="font-family: 'Times New Roman';">installed</span><span style="font-family: 'Times New Roman';"> capacity of 79 thousand </span><span style="font-family: 'Times New Roman';">cubic meters (unaudited)</span><span style="font-family: 'Times New Roman';">. The lease will have a minimum duration of 20 years according to the auction</span><span style="font-family: 'Times New Roman';"> notice</span><span style="font-family: 'Times New Roman';">. For this capacity, an investment of approximately R$</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">310 million is estimated, including the amount related to the grant, to be disbursed in up to six years</span><span style="font-family: 'Times New Roman';"> after signing of the contract</span><span style="font-family: 'Times New Roman';">.</span></span></p>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 10<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147279092696">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Subsequent events<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory', window );">Subsequent events</a></td>
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<p style="margin: 0pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">35</span><span style="font-family: 'Times New Roman'; font-weight: bold;">. Subsequent events</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">a. Issuance of Extrafarma subscription bonus shares</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">On February 2</span><span style="font-family: 'Times New Roman';">3</span><span style="font-family: 'Times New Roman';">, 202</span><span style="font-family: 'Times New Roman';">2</span><span style="font-family: 'Times New Roman';">, the Company</span><span style="font-family: 'Times New Roman';">&#8217;</span><span style="font-family: 'Times New Roman';">s Board of Directors approved the issuance of </span><span style="font-family: 'Times New Roman';">43,925 </span><span style="font-family: 'Times New Roman';">common shares within the authorized capital limit provided by art. 6 of the Company's Bylaws,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">due to the partial exercise of the rights conferred by the subscription warrants (see note 25) issued&#160;</span></span><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">at the time of the conclusion of the purchase of&#160;Extrafarma&#160;by the Company, approved by the</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">extraordinary general meeting of the Company held in January 31, 2014. The share capital of the&#160;</span></span><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Company will therefore be represented by </span><span style="border-left: none; border-right: none;"><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1,115,151,608</span></span></span><span style="font-family: 'Times New Roman';">&#160;common shares, all of which are</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">registered and without par value.&#160;&#160;</span></span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><br/></p>
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<p style="margin: 2pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"><b><i/></b><br/></p>
<p style="margin: 2pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"><b><i><span style="mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: DE;"><span style="font-style: italic; font-family: 'times new roman', times; font-size: 10pt;">b. Impact of the conflict between Ukraine and Russia</span></span></i></b></p>
<p style="margin: 2pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"><b><i/></b><br/></p>
<p style="margin: 2pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The turmoil of the global financial markets and the scarcity of credit in the past led to lack of consumer confidence, increased market volatility and widespread reduction of business activity. An economic downturn could materially and adversely affect the liquidity, businesses and/or financial conditions of our customers, which could in turn result not only in decreased demand for our products, but also increased delinquencies in our accounts receivable.&#160;</span></p>
<p style="margin: 2pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="mso-ansi-language: EN-US;">On February </span><span style="mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: DE;">24, 2022, a full-scale military invasion of Ukraine by Russian troops was reported. Since then, global markets have been experiencing volatility and disruption following the escalation of geopolitical tensions and the start of the military conflict between these countries. Although the length and impact of the ongoing military conflict are highly unpredictable, the conflict in Ukraine has led and could further lead to market disruptions, including significant volatility in commodity prices, including crude oil and natural gas, which could impact the prices of LPG and oil-based fuel, and demand in the markets in which we operate. Additionally, governments in the United States and many other countries have imposed economic sanctions on certain Russian individuals, including politicians, and Russian corporate and banking entities. These sanctions, or even the threat of further sanctions, could result in Russia taking countermeasures or retaliatory actions which may lead to further market disruptions and an increase in crude oil and natural gas prices globally, which could negatively impact our business and operations.&#160;</span></span></p>
<p style="margin: 2pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Moreover, an eventual new global financial crisis could have a negative impact on our cost of borrowing and on our ability to obtain future borrowings. The disruptions in the financial markets could also lead to a reduction in available trade credit due to counterparties&#8217; liquidity concerns. If we experience a decrease in demand for our products or an increase in delinquencies in our accounts receivable, or if we are unable to obtain borrowings our businesses, financial condition and results of operations could be materially adversely affected.&#160;</span></p>
<p style="margin: 2pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"><span style="mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: DE;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Additionally, the rapid escalation of COVID-19 pandemic across the world since the beginning of 2020 has had, and can continue to have, a number of negative impacts on our businesses, financial condition and results of operations.&#160;</span></span></p>
<p style="margin: 10pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"><span style="font-style: italic; font-family: 'times new roman', times; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: DE; font-weight: bold;"><span>c. Tender offers to purchase notes</span></span></p>
<p style="margin: 2pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"><br/></p>
<p style="margin: 2pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"><span style="mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: DE;"><span style="font-family: 'times new roman', times; font-size: 10pt;">On April 7, 2022, the subsidiary Ultrapar International commenced cash tender offers to purchase in the international market (i) up to the totality of the 5.25% notes due in 2026 and (ii) up to the Maximum Acceptance Amount of the 5.25% notes due in 2029, both issued by Ultrapar International and outstanding in the international market. The tender offers were subject to a maximum aggregate tender amount of US$ 550,003, which could be increased to up to US$ 600,000 at the sole discretion of Ultrapar International, consisting of the total amount to be spent by Ultrapar International in the purchase of the outstanding notes. The 2029 notes tender offer was also subject to a maximum acceptance amount corresponding to the difference between the maximum aggregate tender amount and the aggregate principal amount of the 2026&#160;notes tendered and accepted for purchase (the &#8220;Maximum Acceptance Amount&#8221;).&#160;</span></span></p>
<p style="margin: 0px; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif; text-indent: 0px;"><span style="mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: DE;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></span></p>
<p style="margin: 2pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"><span style="mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: DE;"><span style="font-family: 'times new roman', times; font-size: 10pt;">As a result of the cash tender offers, Ultrapar International received valid offers for the purchase of 2026 and 2029 notes in the aggregate principal amount of US$ 114,329 and US$ 606,106, respectively. In view of this, it was decided to exercise their right to increase the initial aggregate tender amount to up to US$ 599,996, which was used to purchase (i) all of the 2026 tendered notes and (ii) the equivalent to the aggregate principal amount of US$ 485,667 of the 2029 tendered notes, representing 20.79% and 57.14% of the 2026 and 2029 outstanding notes, respectively. The purchase of the 2026 notes was settled on April 14 and 18, 2022, while the purchase of the 2029 notes was settled on April 27, 2022.&#160;</span></span></p>
<p style="margin: 10pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"><span style="font-style: italic; font-family: 'times new roman', times; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: DE; font-weight: bold;"><span>d. Update on Extrafarma&#8217;s sale process</span></span></p>
<p style="margin: 10pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif; text-indent: 0px;"><span style="mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: DE;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Additionally, on May 18, 2021, Ultrapar entered into a share purchase and sale agreement for the sale of all shares of Extrafarma to Pague Menos. The completion of this transaction is subject to usual conditions precedent in such deals, including the approval by CADE. On May 7, 2022, CADE&#8217;s General Superintendent&#8217;s Office recommended the approval of the transaction, contingent on the execution of a Merger Control Agreement (&#8220;Acordo em Controle de Concentra&#231;&#245;es&#8221;) between Pague Menos and CADE, whereby Pague Menos shall undertake certain remedial measures to mitigate potential competitive issues arising out of the transaction. The recommendation made by the General&#8217;s Superintendent&#8217;s Office is now subject to CADE&#8217;s Tribunal review, which shall issue a final decision on the matter.</span></span></p>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147279163480">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Presentation of Financial Statements and Summary of Significant Accounting Policies (Policies)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
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<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfPresentationOfFinancialStatementsAndSummaryOfSignificantAccountingPoliciesAbstract', window );"><strong>Disclosure of Presentation of Financial Statements and Summary of Significant Accounting Policies [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue', window );">Recognition of revenue</a></td>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">a. Recognition of revenue</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Revenue</span><span style="font-family: 'Times New Roman';"> of sales and services</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">rendered is measured at the value of the consideration that the Company's subsidiaries expect to be entitled to, net of sales returns, discounts</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> amortization of </span><span style="font-family: 'Times New Roman';">contractual assets with customers </span><span style="font-family: 'Times New Roman';">and other deduction</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';">, if applicable, being recognized as the entity fulfills its performance obligation and freight mode of delivery.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">At </span><span style="font-family: 'Times New Roman';">Ipiranga</span><span style="font-family: 'Times New Roman';">, the r</span><span style="font-family: 'Times New Roman';">evenue from sales of fuels and lubricants is recognized when the products are delivered to gas stations and to large consumers. </span><span style="font-family: 'Times New Roman';">At Ultragaz, r</span><span style="font-family: 'Times New Roman';">evenue from sales </span><span style="font-family: 'Times New Roman';">of LPG </span><span style="font-family: 'Times New Roman';">is recognized when the products are delivered to customers at home, to independent dealers and to industrial and commercial customers. </span><span style="font-family: 'Times New Roman';">At </span><span style="font-family: 'Times New Roman';">Extrafarma</span><span style="font-family: 'Times New Roman';">, the r</span><span style="font-family: 'Times New Roman';">evenue from sales of</span><span style="font-family: 'Times New Roman';"> pharmaceutical</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> is recognized when the products are delivered to end </span><span style="font-family: 'Times New Roman';">user </span><span style="font-family: 'Times New Roman';">customers</span><span style="font-family: 'Times New Roman';"> in own drugstores and when the</span><span style="font-family: 'Times New Roman';"> products</span><span style="font-family: 'Times New Roman';"> are delivered to independent resellers. </span><span style="font-family: 'Times New Roman';">At </span><span style="font-family: 'Times New Roman';">Oxiteno</span><span style="font-family: 'Times New Roman';">, the r</span><span style="font-family: 'Times New Roman';">evenue </span><span style="font-family: 'Times New Roman';">from sales </span><span style="font-family: 'Times New Roman';">of chemical products is recognized when the products are delivered to </span><span style="font-family: 'Times New Roman';">industrial</span><span style="font-family: 'Times New Roman';"> customers. </span><span style="font-family: 'Times New Roman';">At </span><span style="font-family: 'Times New Roman';">Ultracargo</span><span style="font-family: 'Times New Roman';">, t</span><span style="font-family: 'Times New Roman';">he revenue provided </span><span style="font-family: 'Times New Roman';">from </span><span style="font-family: 'Times New Roman';">storage services is recognized </span><span style="font-family: 'Times New Roman';">as </span><span style="font-family: 'Times New Roman';">services</span><span style="font-family: 'Times New Roman';"> are performed</span><span style="font-family: 'Times New Roman';">. At </span><span style="font-family: 'Times New Roman';">Abastece</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">a&#237;</span><span style="font-family: 'Times New Roman';">, the revenue provided from storage services of digital payments is recognized as services are performed. The </span><span style="font-family: 'Times New Roman';">breakdown</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> of revenue</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> from</span><span style="font-family: 'Times New Roman';"> sales and services</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">are</span><span style="font-family: 'Times New Roman';"> shown in N</span><span style="font-family: 'Times New Roman';">ote</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">32</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Amortization of contract</span><span style="font-family: 'Times New Roman';">ual</span><span style="font-family: 'Times New Roman';"> assets</span><span style="font-family: 'Times New Roman';"> with customers</span><span style="font-family: 'Times New Roman';"> for the exclusive rights in </span><span style="font-family: 'Times New Roman';">Ipiranga</span><span style="font-family: 'Times New Roman';">&#8217;</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">reseller service stations </span><span style="font-family: 'Times New Roman';">and the bonus</span><span style="font-family: 'Times New Roman';">es paid in performance obligation sales</span><span style="font-family: 'Times New Roman';"> are recognized </span><span style="font-family: 'Times New Roman';">in the income statement </span><span style="font-family: 'Times New Roman';">as a </span><span style="font-family: 'Times New Roman';">d</span><span style="font-family: 'Times New Roman';">eduction of the revenue </span><span style="font-family: 'Times New Roman';">from sale </span><span style="font-family: 'Times New Roman';">a</span><span style="font-family: 'Times New Roman';">ccord</span><span style="font-family: 'Times New Roman';">ing to </span><span style="font-family: 'Times New Roman';">the conditions established per terms of underlying&#160;</span><span style="font-family: 'Times New Roman';">agreements</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">(see Notes 2.f and </span><span style="font-family: 'Times New Roman';">12</span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The am/pm franchising upfront fee is recognized in profit or loss as the entity fulfills each performance obligation throughout the term of the agreements with the franchisees. For more information, see Note </span><span style="font-family: 'Times New Roman';">2</span><span style="font-family: 'Times New Roman';">4</span><span style="font-family: 'Times New Roman';">.a.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Deferred revenue from loyalty program is recognized in the income statement when the points are redeemed, on which occasion the costs incurred are also recognized in profit or loss. Deferred revenue of unredeemed points is also recognized in profit or loss when points expire. For more information, see Note </span><span style="font-family: 'Times New Roman';">2</span><span style="font-family: 'Times New Roman';">4</span><span style="font-family: 'Times New Roman';">.b.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Costs of products </span><span style="font-family: 'Times New Roman';">sold</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and services provided include goods (mainly fuels</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">lubricants</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> LPG</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> and pharmaceutical</span><span style="font-family: 'Times New Roman';"> products</span><span style="font-family: 'Times New Roman';">), raw materials (chemicals and petrochemicals) and production, distribution, storage</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> and </span><span style="font-family: 'Times New Roman';">fulfillment</span><span style="font-family: 'Times New Roman';"> costs.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Exchange variations and the results of derivative financ</span><span style="font-family: 'Times New Roman';">e</span><span style="font-family: 'Times New Roman';"> instruments are presented </span><span style="font-family: 'Times New Roman';">net </span><span style="font-family: 'Times New Roman';">in the statement of </span><span style="font-family: 'Times New Roman';">profit and loss</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">on</span><span style="font-family: 'Times New Roman';"> financ</span><span style="font-family: 'Times New Roman';">e</span><span style="font-family: 'Times New Roman';"> expenses.</span></span></p>
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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">b. Cash and </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">c</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ash </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">e</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">quivalents</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Include</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> cash, banks deposits</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> and short-term</span><span style="font-family: 'Times New Roman';"> up to 90 days of maturity from acquisition date</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> highly</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">liquid investments that are readily convertible into a known amount of cash and are subject to an insignificant risk of change in value. </span><span style="font-family: 'Times New Roman';">F</span><span style="font-family: 'Times New Roman';">or </span><span style="font-family: 'Times New Roman';">more</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">information</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">on cash and cash equivalents</span><span style="font-family: 'Times New Roman';">, see Note </span><span style="font-family: 'Times New Roman';">5</span><span style="font-family: 'Times New Roman';">.a</span><span style="font-family: 'Times New Roman';">.</span></span></p>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForFinancialAssetsExplanatory', window );">Financial assets</a></td>
<td class="text">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">c. Financial assets</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">T</span><span style="font-family: 'Times New Roman';">he Company and its subsidiaries</span><span style="font-family: 'Times New Roman';"> evaluated the classification and measurement of financial assets</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">based on its business</span><span style="font-family: 'Times New Roman';"> model</span><span style="font-family: 'Times New Roman';"> of financial assets</span><span style="font-family: 'Times New Roman';"> as follows:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Amortized cost: financial assets held </span><span style="font-family: 'Times New Roman';">in order to</span><span style="font-family: 'Times New Roman';"> collect</span><span style="font-family: 'Times New Roman';"> contractual </span><span style="font-family: 'Times New Roman';">cash </span><span style="font-family: 'Times New Roman';">flows, </span><span style="font-family: 'Times New Roman';">solely</span><span style="font-family: 'Times New Roman';"> principal and interest. The interest earned and the foreign currency exchange variation are recognized in profit or loss and balances are stated at acquisition cost plus the interest earned, using the effective interest rate method.</span></span></li>
</ul>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Measured at fair value through other comprehensive income: financial assets that are acquired or originated for the purpose of </span><span style="font-family: 'Times New Roman';">collecting</span><span style="font-family: 'Times New Roman';"> contractual cash flows or </span><span style="font-family: 'Times New Roman';">selling financial assets</span><span style="font-family: 'Times New Roman';">. The balances are stated at fair value, and the interest earned</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> and the foreign currency exchange variation are recognized in profit or loss. Differences between fair value and </span><span style="font-family: 'Times New Roman';">initial </span><span style="font-family: 'Times New Roman';">amount</span><span style="font-family: 'Times New Roman';"> of financial investments</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">plus the interest earned are recognized</span><span style="font-family: 'Times New Roman';"> in equity</span><span style="font-family: 'Times New Roman';"> in other comprehensive income in the &#8220;Other reserves&#8221;. Accumulated gains and losses recognized in equity are reclassified to profit or loss at the time of their settlement. Substantially the financial investments in Bank Certificates</span><span style="font-family: 'Times New Roman';"> of Deposit</span><span style="font-family: 'Times New Roman';"> (</span><span style="font-family: 'Times New Roman';">&#8220;</span><span style="font-family: 'Times New Roman';">CDB</span><span style="font-family: 'Times New Roman';">&#8221;</span><span style="font-family: 'Times New Roman';">) and repurchase agreements are classified as measured at fair value through other comprehensive income.</span></span></li>
</ul>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Measured at fair value through profit or loss: financial assets </span><span style="font-family: 'Times New Roman';">that were </span><span style="font-family: 'Times New Roman';">not classified as amortized cost or measured at fair value through other comprehensive income. </span><span style="font-family: 'Times New Roman';">The b</span><span style="font-family: 'Times New Roman';">alances are stated at fair value and both </span><span style="font-family: 'Times New Roman';">the interest</span><span style="font-family: 'Times New Roman';"> earned and </span><span style="font-family: 'Times New Roman';">the </span><span style="font-family: 'Times New Roman';">exchange variations and changes in fair value are r</span><span style="font-family: 'Times New Roman';">ecognized</span><span style="font-family: 'Times New Roman';"> in the income statement. Investment funds and derivative</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> are classified as measured at fair value through profit or loss.</span></span></li>
</ul>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The Company and its subsidiaries use financial instruments for hedging purposes, applying the concepts described below:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Hedge accounting &#8211; fair value hedge: financial instruments used to hedge exposure to changes in the fair value of an item, attributable to a particular risk, which can affect the entity&#8217;s </span><span style="font-family: 'Times New Roman';">statements of </span><span style="font-family: 'Times New Roman';">profit or loss. In the initial designation of the fair value hedge, the relationship between the hedging instrument and the hedged item is documented, including the objectives of risk management, the strategy in conducting the transaction, and the methods to be used to evaluate its effectiveness. Once the fair value hedge has been qualified as effective, the hedge item is also measured at fair value. Gains and losses from hedge instruments and hedge items are recognized </span><span style="font-family: 'Times New Roman';">the statements of </span><span style="font-family: 'Times New Roman';">profit or loss. The hedge accounting must be discontinued when the hedge becomes ineffective.</span></span></li>
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<p style="margin: 0pt; text-align: justify;"><br/></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Hedge accounting &#8211; cash flow hedge: financial instruments used to hedge the exposure to variability in cash flows that is attributable to a risk associated with an asset or liability or highly probable transaction </span><span style="font-family: 'Times New Roman';">or firm commitment </span><span style="font-family: 'Times New Roman';">that may affect the </span><span style="font-family: 'Times New Roman';">statements of profit or loss</span><span style="font-family: 'Times New Roman';">. The portion of the gain or loss on the hedging instrument that is determined to be effective relating to the effects of exchange rate effect, is recognized directly in equity in accumulated other comprehensive income as &#8220;Other reserves&#8221; while the ineffective portion is recognized in </span><span style="font-family: 'Times New Roman';">the statements of </span><span style="font-family: 'Times New Roman';">profit or loss. Gains or losses on the hedging instrument relating to the effective portion of this hedge that had been recognized directly in accumulated other comprehensive income shall be recognized in </span><span style="font-family: 'Times New Roman';">the statements of </span><span style="font-family: 'Times New Roman';">profit or loss in the period in which the hedged item is recognized in profit or loss or as initial cost of non-financial assets, in the same line of the statement that the hedged item is recognized. The hedge accounting shall be discontinued when (</span><span style="font-family: 'Times New Roman';">i</span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">the hedging relationship</span><span style="font-family: 'Times New Roman';"> is canceled</span><span style="font-family: 'Times New Roman';">; (ii) the hedging instrument expires</span><span style="font-family: 'Times New Roman';"> or</span><span style="font-family: 'Times New Roman';"> (iii) the hedging instrument no longer qualifies for hedge accounting. When hedge accounting is discontinued, gains and losses recognized </span><span style="font-family: 'Times New Roman';">in equity</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">in other comprehensive income are reclassified to </span><span style="font-family: 'Times New Roman';">the statements of </span><span style="font-family: 'Times New Roman';">profit or loss in the period which the hedged item is recognized in profit or loss. If the transaction hedged is canceled or is not expected to occur, the cumulative gains and losses </span><span style="font-family: 'Times New Roman';">in equity</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">in other comprehensive income shall be recognized immediately in profit or loss.</span></span></li>
</ul>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Hedge accounting &#8211; hedge of net investments in foreign operation: financial instruments used to hedge exposure on net investments in foreign subsidiaries </span><span style="font-family: 'Times New Roman';">due to the fact that</span><span style="font-family: 'Times New Roman';"> the local functional currency is different from the functional currency of the Company. The portion of the gain or loss on the hedging instrument that is determined to be effective, referring to the exchange rate effect, is recognized directly in equity in accumulated other comprehensive income as cumulative translation adjustments, while the ineffective portion and the operating costs are recognized </span><span style="font-family: 'Times New Roman';">the statements of </span><span style="font-family: 'Times New Roman';">profit or loss. The gain or loss on the hedging instrument that has been recognized directly in accumulated other comprehensive income shall be recognized in </span><span style="font-family: 'Times New Roman';">the statements of profit or loss</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">when the</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">disposal of the foreign </span><span style="font-family: 'Times New Roman';">subsidiary occur</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';">.</span></span></li>
</ul>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">For </span><span style="font-family: 'Times New Roman';">more</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">information on </span><span style="font-family: 'Times New Roman';">financial instruments, see Note 33</span><span style="font-family: 'Times New Roman';">.</span></span></p>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory', window );">Trade receivables and reseller financing</a></td>
<td class="text">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">d. Trade receivables and reseller financing</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Trade receivables are recognized at the amount invoiced</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">to</span><span style="font-family: 'Times New Roman';"> the counterparty that the Company and subsidiaries are entitled</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">(see Notes </span><span style="font-family: 'Times New Roman';">6</span><span style="font-family: 'Times New Roman';">.a</span><span style="font-family: 'Times New Roman';"> and 33</span><span style="font-family: 'Times New Roman';">.d.3)</span><span style="font-family: 'Times New Roman';">. </span><span style="font-family: 'Times New Roman';">The </span><span style="font-family: 'Times New Roman';">loss allowance for expected credit losses</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">consider</span><span style="font-family: 'Times New Roman';"> the expect</span><span style="font-family: 'Times New Roman';">ed</span><span style="font-family: 'Times New Roman';"> losses for the next 12 months </span><span style="font-family: 'Times New Roman';">take into account</span><span style="font-family: 'Times New Roman';"> the deterioration or improvement of the </span><span style="font-family: 'Times New Roman';">customers&#8217; </span><span style="font-family: 'Times New Roman';">credit quality</span><span style="font-family: 'Times New Roman';">, considering the customers&#8217; </span><span style="font-family: 'Times New Roman';">characteristics in each business segment</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';"> The amount</span><span style="font-family: 'Times New Roman';"> of the </span><span style="font-family: 'Times New Roman';">expected</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">credit losses</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">is deemed by management to be sufficient to cover any loss on realization of trade receivables.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Reseller financing is provided at subsidized rate for renovation and upgrading of service stations, purchase of products and development of the automotive fuels and lubricants distribution market (see Notes </span><span style="font-family: 'Times New Roman';">6</span><span style="font-family: 'Times New Roman';">.b and 33</span><span style="font-family: 'Times New Roman';">.d.3). The terms of reseller financing range between 12 and 60 months, with an average term of 40 months. The minimum and maximum subsidized interest rates are 0% per month and 1% per month respectively. These financing are remeasured at a market rate for working capital loans and the remeasurement adjustment between the market rate and the rate subsidized is recognized as a reduction to the reseller&#8217;s revenue at the beginning of the contract. Throughout the contract, the interest appropriated by the market rate is recognized to the financial result.</span></span></p>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForMeasuringInventories', window );">Inventories</a></td>
<td class="text">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">e. Inventories</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Inventories are stated at the lower of acquisition cost or net realizable value</span><span style="font-family: 'Times New Roman';"> (see Note </span><span style="font-family: 'Times New Roman';">7</span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';">. The cost value of inventory is measured using the weighted average cost and includes the costs of acquisition and processing directly </span><span style="font-family: 'Times New Roman';">and indirectly </span><span style="font-family: 'Times New Roman';">related to the units produced based on the normal capacity of production. Estimates of net realizable value are based on the average selling prices at the end of the reporting period, net of applicable direct selling expenses. Subsequent events related to the fluctuation of prices and costs are also considered, if relevant. If net realizable values are below inventory costs, a provision corresponding to this difference is recognized. Provisions are also made for obsolescence of products, materials</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> or supplies that (</span><span style="font-family: 'Times New Roman';">i</span><span style="font-family: 'Times New Roman';">) do not meet its subsidiaries&#8217; specifications, (ii) have exceeded their expiration date</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> or (iii) are considered slow-moving inventory. This classification is made by management with the support of its industrial </span><span style="font-family: 'Times New Roman';">and operation</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">team</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';">.</span></span></p>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DescriptionOfAccountingPolicyForContractualAssetsWithCustomersExclusiveRightsTextBlock', window );">Contractual assets with customers &#8211; exclusive rights</a></td>
<td class="text">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">f. Contractual assets with customers &#8211; exclusive rights</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Exclusive rights disbursements as provided in </span><span style="font-family: 'Times New Roman';">Ipiranga&#8217;s</span><span style="font-family: 'Times New Roman';"> agreements with reseller service stations and major consumers are recognized as </span><span style="font-family: 'Times New Roman';">contractual assets</span><span style="font-family: 'Times New Roman';"> when paid and amortized according to the conditions established in the agreements (see Note </span><span style="font-family: 'Times New Roman';">2.a and </span><span style="font-family: 'Times New Roman';">12</span><span style="font-family: 'Times New Roman';">).</span></span></p>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleAndDiscontinuedOperationsExplanatory', window );">Assets and liabilities held for sale and discontinued operations</a></td>
<td class="text">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">g. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"> </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">A</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ssets</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"> and liabilities</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"> held for sale and discontinued operations</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Non-current assets and related liabilities are classified as held for sale if it is highly probable that their book value will be recovered, primarily</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> through a sale transaction rather than continued use. The classification criteria are met only when the sale is highly probable, the asset or group of assets is held for immediate sale in its current condition and the sale is expected to occur within 12 months after classification as held for sale.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">A line of business or subsidiary is classified a discontinued operation when the sale occurs of a component of the company that represents an important separate line of business or when the operation meets the criteria to be classified as held for sale. Reclassification occurred in 2021, and once classified as discontinued operations the results and cash flows are presented separately based on the classification of the respective assets and liabilities held for sale.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Assets and liabilities held for sale and discontinued operations are measured at the lower of the</span><span style="font-family: 'Times New Roman';"> book value</span><span style="font-family: 'Times New Roman';"> and fair value, net of selling expenses, and presented separately in the </span><span style="font-family: 'Times New Roman';">statements of financial position</span><span style="font-family: 'Times New Roman';">.</span></span></p>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForInvestmentInAssociatesAndJointVenturesExplanatory', window );">Investments</a></td>
<td class="text">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">h</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. Investments</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Investments in associates and joint ventures are accounted for under the equity method of accounting in the </span><span style="font-family: 'Times New Roman';">financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';"> (see Note </span><span style="font-family: 'Times New Roman';">13</span><span style="font-family: 'Times New Roman';"> items </span><span style="font-family: 'Times New Roman';">a</span><span style="font-family: 'Times New Roman';"> and </span><span style="font-family: 'Times New Roman';">b</span><span style="font-family: 'Times New Roman';">). An associate is an investment, in which an investor has significant influence, that is, has the power to participate in the financial and operating decisions of the investee but does not exercise control. A joint venture is an investment in which the shareholders have the right to net assets on behalf of a joint control. Joint control is the agreement, which establish that decisions about the relevant activities of the investee require the consent from the parties that share control.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Other investments are stated at acquisition cost less provision for </span><span style="font-family: 'Times New Roman';">losses, unless</span><span style="font-family: 'Times New Roman';"> the loss is considered temporary.</span></span></p>
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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">i</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. Right</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">-of-</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">use assets and lease</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">s</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"> payable</span></span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The </span><span style="font-family: 'Times New Roman';">Company and its </span><span style="font-family: 'Times New Roman';">subsidiaries recognized in the financial position, right</span><span style="font-family: 'Times New Roman';">-of-</span><span style="font-family: 'Times New Roman';">use assets and the </span><span style="font-family: 'Times New Roman';">respective lease</span><span style="font-family: 'Times New Roman';"> liabilities</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">initially measured at the present value of future lease payments, considering the related contract costs (see Note </span><span style="font-family: 'Times New Roman';">14</span><span style="font-family: 'Times New Roman';">). </span><span style="font-family: 'Times New Roman';">The amortization expenses of right</span><span style="font-family: 'Times New Roman';">-of-</span><span style="font-family: 'Times New Roman';">use assets is recognized in statement of profit or loss </span><span style="font-family: 'Times New Roman';">over the lease contract term</span><span style="font-family: 'Times New Roman';">. When the right-of-use asset is used</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">in</span><span style="font-family: 'Times New Roman';"> the</span><span style="font-family: 'Times New Roman';"> construction of the </span><span style="font-family: 'Times New Roman';">property, plant, and equipment</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">(&#8220;PP&amp;E&#8221;)</span><span style="font-family: 'Times New Roman';">, its amortization is capitalized until</span><span style="font-family: 'Times New Roman';"> the asset under construction </span><span style="font-family: 'Times New Roman';">is</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">completed</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">The liability is increased for interest and </span><span style="font-family: 'Times New Roman';">decreased by lease</span><span style="font-family: 'Times New Roman';"> payments</span><span style="font-family: 'Times New Roman';"> made</span><span style="font-family: 'Times New Roman';">. The </span><span style="font-family: 'Times New Roman';">interests</span><span style="font-family: 'Times New Roman';"> are recognized in the statement of profit or loss using the effective interest rate method.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">The remeasurement of assets and liabilities based on the contractual index is recognized in the financial position, not having an effect in the result. In case of cancellation of the contract, the assets and respective liabilities are written off to the result</span><span style="font-family: 'Times New Roman';">, considering, if it is the case, any penalties provided in contractual clauses. </span><span style="font-family: 'Times New Roman';">The Company and its subsidiaries have no intention in purchasing the underlying asset. </span><span style="font-family: 'Times New Roman';">The Company and its subsidiaries </span><span style="font-family: 'Times New Roman';">periodically </span><span style="font-family: 'Times New Roman';">review the existence of an indication that the righ</span><span style="font-family: 'Times New Roman';">t</span><span style="font-family: 'Times New Roman';">-of-</span><span style="font-family: 'Times New Roman';">use assets may </span><span style="font-family: 'Times New Roman';">be impaired</span><span style="font-family: 'Times New Roman';"> (see </span><span style="font-family: 'Times New Roman';">N</span><span style="font-family: 'Times New Roman';">ote 2.</span><span style="font-family: 'Times New Roman';">v</span><span style="font-family: 'Times New Roman';">).</span></span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Right</span><span style="font-family: 'Times New Roman';">-of-</span><span style="font-family: 'Times New Roman';">use assets include amo</span><span style="font-family: 'Times New Roman';">u</span><span style="font-family: 'Times New Roman';">nts related to </span><span style="font-family: 'Times New Roman';">area port leases</span><span style="font-family: 'Times New Roman';"> grants (see Note 34</span><span style="font-family: 'Times New Roman';">.c)</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The </span><span style="font-family: 'Times New Roman';">Company and its </span><span style="font-family: 'Times New Roman';">subsidiaries </span><span style="font-family: 'Times New Roman';">apply </span><span style="font-family: 'Times New Roman';">the </span><span style="font-family: 'Times New Roman';">recognition </span><span style="font-family: 'Times New Roman';">exemptions </span><span style="font-family: 'Times New Roman';">to </span><span style="font-family: 'Times New Roman';">short-term leases of 12 months or less and lease </span><span style="font-family: 'Times New Roman';">contracts </span><span style="font-family: 'Times New Roman';">of low amount assets. In these cases, the recognition of the lease expense in the statements of profit or loss is on a straight-line basis.</span></span><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';"><br/></span></span></p>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory', window );">Property, plant, and equipment</a></td>
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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">j</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Property, plant, and equipment</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">PP&amp;E </span><span style="font-family: 'Times New Roman';">is recognized at acquisition or construction cost, including </span><span style="font-family: 'Times New Roman';">capitalization of right-of-use assets and </span><span style="font-family: 'Times New Roman';">financial charges incurred on </span><span style="font-family: 'Times New Roman';">PP&amp;E</span><span style="font-family: 'Times New Roman';"> under construction, as well as </span><span style="font-family: 'Times New Roman';">qualifying</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">maintenance costs resulting from scheduled plant outages and estimated costs to remove, to decommission</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> or to restore assets (see Note</span><span style="font-family: 'Times New Roman';">s 2.</span><span style="font-family: 'Times New Roman';">o</span><span style="font-family: 'Times New Roman';"> and</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">22</span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">less </span><span style="font-family: 'Times New Roman';">accumulated depreciation and, when applicable, </span><span style="font-family: 'Times New Roman';">less</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">provision for </span><span style="font-family: 'Times New Roman';">losses</span><span style="font-family: 'Times New Roman';"> (see Note </span><span style="font-family: 'Times New Roman';">15</span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Depreciation is calculated using the straight-line method, </span><span style="font-family: 'Times New Roman';">over </span><span style="font-family: 'Times New Roman';">the periods mentioned in Note </span><span style="font-family: 'Times New Roman';">15</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">taking into account</span><span style="font-family: 'Times New Roman';"> the </span><span style="font-family: 'Times New Roman';">estimated </span><span style="font-family: 'Times New Roman';">useful li</span><span style="font-family: 'Times New Roman';">ves</span><span style="font-family: 'Times New Roman';"> of the assets, which are reviewed annually.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Lease</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">hold improvements are depreciated over the shorter of the lease contract term and useful life of the property.</span></span></p>
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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">k</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Intangible </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">a</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ssets</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Intangible assets include assets acquired by the Company and its subsidiaries from third parties,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and </span><span style="font-family: 'Times New Roman';">are recognized</span><span style="font-family: 'Times New Roman';"> according to the criteria below:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Goodwill is shown as intangible assets corresponding to the positive difference between the amount paid or payable to the seller and the fair value of the </span><span style="font-family: 'Times New Roman';">identifiable</span><span style="font-family: 'Times New Roman';"> assets and liabilities assumed of the acquired entity. Goodwill is tested annually for impairment. Goodwill is allocated to the business segments, which represent the lowest level that goodwill is monitored for impairment testing purposes (see Note </span><span style="font-family: 'Times New Roman';">16</span><span style="font-family: 'Times New Roman';">.a).</span></span></li>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Other intangible assets acquired from third parties, such as </span><span style="font-family: 'Times New Roman';">software</span><span style="font-family: 'Times New Roman';">, technology, and commercial property rights, are measured at the total acquisition cost and amortized using straight-line method, over the periods mentioned in Note </span><span style="font-family: 'Times New Roman';">16</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">taking into account</span><span style="font-family: 'Times New Roman';"> their useful lives, which are reviewed annually.</span></span></li>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<ul style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The </span><span style="font-family: 'Times New Roman';">d</span><span style="font-family: 'Times New Roman';">ecarbonization </span><span style="font-family: 'Times New Roman';">c</span><span style="font-family: 'Times New Roman';">redits (</span><span style="font-family: 'Times New Roman';">&#8220;</span><span style="font-family: 'Times New Roman';">CBIOS</span><span style="font-family: 'Times New Roman';">&#8221;</span><span style="font-family: 'Times New Roman';">) acquired are recorded at historical cost in intangible assets</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">retired in the year to </span><span style="font-family: 'Times New Roman';">fulfillment</span><span style="font-family: 'Times New Roman';"> the individual target set by the National Agency </span><span style="font-family: 'Times New Roman';">of</span><span style="font-family: 'Times New Roman';"> Petroleum, Natural Gas and Biofuels (&#8220;ANP&#8221;)</span><span style="font-family: 'Times New Roman';"> and are not amortized. These assets are used to settle</span><span style="font-family: 'Times New Roman';"> of</span><span style="font-family: 'Times New Roman';"> the </span><span style="font-family: 'Times New Roman';">annual deca</span><span style="font-family: 'Times New Roman';">r</span><span style="font-family: 'Times New Roman';">bonization obligation adopted by Brazilian National Biofuels Policy </span><span style="font-family: 'Times New Roman';">(&#8220;</span><span style="font-family: 'Times New Roman';">RenovaBio</span><span style="font-family: 'Times New Roman';">&#8221;), </span><span style="font-family: 'Times New Roman';">implemented by Law No. </span><span style="font-family: 'Times New Roman';">13,576/2017, with additional regulations established by Decree No. 9,888/2019 and Ordinance No. 419 of November 20, </span><span style="font-family: 'Times New Roman';">2019</span><span style="font-family: 'Times New Roman';"> issued by the Brazilian Ministry of Mines and Energy</span><span style="font-family: 'Times New Roman';">.</span></span></li>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The Company and its subsidiaries have not recognized intangible assets that were </span><span style="font-family: 'Times New Roman';">generated</span><span style="font-family: 'Times New Roman';"> internally. </span><span style="font-family: 'Times New Roman';">The Company and its subsidiaries have goodwill and brands acquired in business combination</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';">, which are evaluated as intangible assets with indefinite useful life (see Note </span><span style="font-family: 'Times New Roman';">16</span><span style="font-family: 'Times New Roman';"> items </span><span style="font-family: 'Times New Roman';">a</span><span style="font-family: 'Times New Roman';"> and </span><span style="font-family: 'Times New Roman';">e</span><span style="font-family: 'Times New Roman';">).</span></span></p>
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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">l</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Other assets</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Other assets are stated at the lower of cost and realizable value, including, if applicable, interest earned, monetary changes and changes in exchange rates incurred, less the provisions for losses and, if applicable, adjusted to present value.</span></p>
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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">m</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Financial </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">l</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">iabilities</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The financial liabilities include trade payables, other payables, financing, loans, debentures</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">leases</span><span style="font-family: 'Times New Roman';"> payable</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and </span><span style="font-family: 'Times New Roman';">derivative financial </span><span style="font-family: 'Times New Roman';">instruments. Financial liabilities are classified as &#8220;financial liabilities at fair value through profit or loss&#8221; or &#8220;financial liabilities at amorti</span><span style="font-family: 'Times New Roman';">z</span><span style="font-family: 'Times New Roman';">ed cost&#8221;. The financial liabilities at fair value through profit or loss refer to derivative financial instruments</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">subscription warrants</span><span style="font-family: 'Times New Roman';"> - indemnification</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">and financial liabilities designated as hedged items in a fair value hedge relationship upon initial recognition (see Note 2.c &#8211; </span><span style="font-family: 'Times New Roman';">F</span><span style="font-family: 'Times New Roman';">air </span><span style="font-family: 'Times New Roman';">V</span><span style="font-family: 'Times New Roman';">alue </span><span style="font-family: 'Times New Roman';">H</span><span style="font-family: 'Times New Roman';">edge). The financial liabilities at amorti</span><span style="font-family: 'Times New Roman';">z</span><span style="font-family: 'Times New Roman';">ed cost are stated at the initial transaction amount plus related charges and </span><span style="font-family: 'Times New Roman';">net of amortization and </span><span style="font-family: 'Times New Roman';">transaction costs. The charges are recognized in </span><span style="font-family: 'Times New Roman';">the statement of </span><span style="font-family: 'Times New Roman';">profit or loss using the effective interest rate method.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Transaction costs incurred and directly attributable to the activities necessary for contracting loans or for issuing bonds, as well as premiums and discounts upon issuance of debentures and other debt, are allocated to the instrument and amortized </span><span style="font-family: 'Times New Roman';">in the statement of</span><span style="font-family: 'Times New Roman';"> profit or loss </span><span style="font-family: 'Times New Roman';">taking into</span><span style="font-family: 'Times New Roman';"> its term,</span><span style="font-family: 'Times New Roman';">&#160;</span><span style="font-family: 'Times New Roman';">using the effective interest rate method</span><span style="font-family: 'Times New Roman';"> (see Note </span><span style="font-family: 'Times New Roman';">17</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';">h</span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';">.</span></span></p>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory', window );">Income and social contribution taxes on income</a></td>
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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">n</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Income and </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">s</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ocial </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">c</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ontribution </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">t</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">axes on </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">i</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ncome</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Current and deferred income tax (&#8220;IRPJ&#8221;) and social contribution on net income tax (&#8220;CSLL&#8221;) are calculated based on their current rates</span><span style="font-family: 'Times New Roman';">. For the calculation of current IRPJ</span><span style="font-family: 'Times New Roman';">, the value of tax incentives</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">is</span><span style="font-family: 'Times New Roman';"> also considered</span><span style="font-family: 'Times New Roman';">. At the end of the fiscal year the portion of the profit corresponding to these investment grants is allocated to the constitution of a tax incentive reserve in subsidiaries shareholders' equity and is excluded from the dividend calculation base and subsequently capitalized. Taxes are recognized based on the rates of IRPJ and CSLL provided for by the laws enacted on the last day of the </span><span style="font-family: 'Times New Roman';">financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';">. </span><span style="font-family: 'Times New Roman';">The current rates in Brazil are 25% for </span><span style="font-family: 'Times New Roman';">IRPJ</span><span style="font-family: 'Times New Roman';"> and 9% for </span><span style="font-family: 'Times New Roman';">CSLL</span><span style="font-family: 'Times New Roman';">. </span><span style="font-family: 'Times New Roman';">For </span><span style="font-family: 'Times New Roman';">more</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">information</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">about recognition and realization of IRPJ and CSLL see Note </span><span style="font-family: 'Times New Roman';">10</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">For purposes of disclosure deferred tax assets were offset against the deferred tax liability </span><span style="font-family: 'Times New Roman';">IRPJ</span><span style="font-family: 'Times New Roman';"> and </span><span style="font-family: 'Times New Roman';">CSLL</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">in</span><span style="font-family: 'Times New Roman';"> the same taxable entity and the same tax authority.</span></span></p>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DescriptionOfAccountingPolicyForOtherProvisionsExplanatory', window );">Provision for asset retirement obligation &#8211; fuel tanks</a></td>
<td class="text">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">o</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Provision for </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">a</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">sset </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">r</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">et</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">i</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">rement </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">o</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">bligation &#8211; fuel tanks</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The subsidiar</span><span style="font-family: 'Times New Roman';">y </span><span style="font-family: 'Times New Roman';">Ipiranga</span><span style="font-family: 'Times New Roman';"> ha</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> the legal obligation to remove </span><span style="font-family: 'Times New Roman';">the</span><span style="font-family: 'Times New Roman';"> underground fuel tanks located at </span><span style="font-family: 'Times New Roman';">Ipiranga</span><span style="font-family: 'Times New Roman';">-branded service stations after a certain period. The estimated cost of the obligation to remove these fuel tanks is recognized as a liability when </span><span style="font-family: 'Times New Roman';">the </span><span style="font-family: 'Times New Roman';">tanks are installed. The estimated cost is recognized in </span><span style="font-family: 'Times New Roman';">PP&amp;E</span><span style="font-family: 'Times New Roman';"> and depreciated over the respective useful li</span><span style="font-family: 'Times New Roman';">ves</span><span style="font-family: 'Times New Roman';"> of the asset. The amounts recognized as a liability </span><span style="font-family: 'Times New Roman';">accrue </span><span style="font-family: 'Times New Roman';">inflation effect</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">using the</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Amplified</span><span style="font-family: 'Times New Roman';"> Consumer Price Index </span><span style="font-family: 'Times New Roman';">(&#8220;</span><span style="font-family: 'Times New Roman';">IPCA</span><span style="font-family: 'Times New Roman';">&#8221;)</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">until the tank is removed (see Note</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">22</span><span style="font-family: 'Times New Roman';">). The estimated removal cost is reviewed and updated annually or when there is significant change in its amount</span><span style="font-family: 'Times New Roman';"> and change in the estimated cost</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> are recognized in </span><span style="font-family: 'Times New Roman';">statements of profit or loss</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">when they become known</span><span style="font-family: 'Times New Roman';">.</span></span></p>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory', window );">Provisions for tax, civil, and labor risks</a></td>
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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">p</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Provisions for tax, civil, and labor risks</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">A provision for tax, civil and labor risks is recognized for quantifiable risks, when the chance of loss is more-likely-than-not in the opinion of management and internal and external legal counsel, and the amounts are recognized based on </span><span style="font-family: 'Times New Roman';">the </span><span style="font-family: 'Times New Roman';">evaluation of the outcomes of the legal proceedings (see Note </span><span style="font-family: 'Times New Roman';">23</span><span style="font-family: 'Times New Roman';">).</span></span></p>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory', window );">Post-employment benefits</a></td>
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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">q</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Post-employment benefits</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Post-employment benefits granted and to be granted to employees, retirees, and pensioners are based on an actuarial calculation prepared by an independent actuary</span><span style="font-family: 'Times New Roman';"> and reviewed by management</span><span style="font-family: 'Times New Roman';">, using the projected unit credit method (see Note </span><span style="font-family: 'Times New Roman';">21</span><span style="font-family: 'Times New Roman';">.b). The actuarial gains and losses are recognized in </span><span style="font-family: 'Times New Roman';">equity in </span><span style="font-family: 'Times New Roman';">cumulative </span><span style="font-family: 'Times New Roman';">other comprehensive income</span><span style="font-family: 'Times New Roman';"> in the &#8220;Other reserves&#8221;</span><span style="font-family: 'Times New Roman';">.</span></span></p>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DescriptionOfAccountingPolicyForOtherLiabilitiesExplanatory', window );">Other liabilities</a></td>
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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">r</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Other </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">l</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">iabilities</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Other liabilities are stated at known or measurable amounts and changes in exchange rates incurred. When applicable, other liabilities are recognized at present value</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> based on interest rates that reflect the term, currency</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> and risk of each transaction.</span></span></p>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory', window );">Foreign currency transactions</a></td>
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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">s</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Foreign currency transactions</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Foreign currency transactions carried out by the </span><span style="font-family: 'Times New Roman';">Company</span><span style="font-family: 'Times New Roman';"> or its subsidiaries are remeasured into their functional currency at the exchange rate prevailing at the date of each transaction. Outstanding monetary assets and liabilities of the Company and its subsidiaries are translated using the exchange rate at the </span><span style="font-family: 'Times New Roman';">date</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">of the</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';">. The effect of the difference between those exchange rates is recognized in </span><span style="font-family: 'Times New Roman';">financial results</span><span style="font-family: 'Times New Roman';"> until the conclusion of each transaction.</span></span></p>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DescriptionOfAccountingPolicyForBasisForTranslationOfFinancialStatementsExplanatory', window );">Basis for translation of financial statements of foreign subsidiaries</a></td>
<td class="text">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">t</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Basis for </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">t</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ranslation of </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">f</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">inancial </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">statements</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"> of </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">f</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">oreign </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">s</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ubsidiaries</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">t</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">.1 Subsidiaries with administrative </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">autonomy</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Assets and liabilities of the foreign subsidiaries denominated in currencies other than Brazilian Real which have administrative </span><span style="font-family: 'Times New Roman';">autonomy</span><span style="font-family: 'Times New Roman';">&#160;are translated using the exchange rate at the </span><span style="font-family: 'Times New Roman';">date of the </span><span style="font-family: 'Times New Roman';">financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';">. Revenues and expenses are translated using the average exchange rate of each </span><span style="font-family: 'Times New Roman';">year</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and equity </span><span style="font-family: 'Times New Roman';">is</span><span style="font-family: 'Times New Roman';"> translated at the historic</span><span style="font-family: 'Times New Roman';">al</span><span style="font-family: 'Times New Roman';"> exchange rate of each transaction affecting equity. Gains and losses resulting from changes in these foreign investments are directly recognized in equity </span><span style="font-family: 'Times New Roman';">in the &#8220;</span><span style="font-family: 'Times New Roman';">cumulative translation adjustments</span><span style="font-family: 'Times New Roman';">&#8221;</span><span style="font-family: 'Times New Roman';"> and will be recognized in profit or loss </span><span style="font-family: 'Times New Roman';">if and when</span><span style="font-family: 'Times New Roman';"> these investments are disposed of. The balance in </span><span style="font-family: 'Times New Roman';">cumulative </span><span style="font-family: 'Times New Roman';">translation adjustments</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">on </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">3</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">20</span><span style="font-family: 'Times New Roman';">2</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">was </span><span style="font-family: 'Times New Roman';">a </span><span style="font-family: 'Times New Roman';">gain</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">of R$ </span><span style="font-family: 'Times New Roman';">304,645</span><span style="font-family: 'Times New Roman';">&#160;</span><span style="font-family: 'Times New Roman';">(gain of R$ </span><span style="font-family: 'Times New Roman';">231,596</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">on December 31, 20</span><span style="font-family: 'Times New Roman';">20</span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and is related to the subsidiaries </span><span style="font-family: 'Times New Roman';">Oxiteno</span><span style="font-family: 'Times New Roman';"> which on December 31, 2021 were classified as assets and liabilities held for sale. </span><span style="font-family: 'Times New Roman';">S</span><span style="font-family: 'Times New Roman';">ee Note</span><span style="font-family: 'Times New Roman';">s 3 and</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">26</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';">g</span><span style="font-family: 'Times New Roman';">.2</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The foreign subsidiaries with functional currency different from the Company and which have administrative </span><span style="font-family: 'Times New Roman';">autonomy</span><span style="font-family: 'Times New Roman';">&#160;are listed below:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold; text-decoration: underline;"> Subsidiary </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Functiona</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">l</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> currency </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Location </span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"> Oxiteno M&#233;xico S.A. de C.V. </span></p>
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<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Mexican Peso </span></p>
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<td style="vertical-align: bottom; text-align: center; height: 17px;"><br/></td>
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<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Mexico </span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"> &#160;&#160;&#160;Oxiteno Servicios Corporativos S.A. de C.V. </span></p>
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<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Mexican Peso </span></p>
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<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Mexico </span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"> &#160;&#160;&#160;Oxiteno Servicios Industriales S.A. de C.V. </span></p>
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<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Mexican Peso </span></p>
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<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Mexico </span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"> &#160;&#160;&#160;Oxiteno USA LLC </span></p>
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<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> U.S. Dollar </span></p>
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<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> United States </span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"> Oxiteno Uruguay S.A. (i) </span></p>
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<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> U.S. Dollar </span></p>
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<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Uruguay </span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt 14.2pt; text-align: justify; text-indent: -14.2pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">(i) </span><span style="font-family: 'Times New Roman';">The subsidiary Oxiteno Uruguay S.A. (&#8220;Oxiteno Uruguay&#8221;) determined its functional currency as the U.S. dollar</span><span style="font-family: 'Times New Roman';"> (&#8220;US$&#8221;)</span><span style="font-family: 'Times New Roman';">, as its </span><span style="font-family: 'Times New Roman';">inventory </span><span style="font-family: 'Times New Roman';">sales, purchases of </span><span style="font-family: 'Times New Roman';">raw material inputs</span><span style="font-family: 'Times New Roman';">, and financing activities are performed substantially in this currency.</span></span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">t</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">.2 </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Subsidiaries without administrative </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">autonomy</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Assets and liabilities of the other foreign subsidiaries, which do not have administrative </span><span style="font-family: 'Times New Roman';">autonomy</span><span style="font-family: 'Times New Roman';">, are considered an </span><span style="font-family: 'Times New Roman';">extension</span><span style="font-family: 'Times New Roman';"> of the activities of their parent </span><span style="font-family: 'Times New Roman';">company</span><span style="font-family: 'Times New Roman';"> and are translated using the exchange rate at the </span><span style="font-family: 'Times New Roman';">date of the </span><span style="font-family: 'Times New Roman';">financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';">. Gains and losses resulting from changes in these foreign investments are directly recognized as financial </span><span style="font-family: 'Times New Roman';">result</span><span style="font-family: 'Times New Roman';">. </span><span style="font-family: 'Times New Roman';">T</span><span style="font-family: 'Times New Roman';">he </span><span style="font-family: 'Times New Roman';">gain</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">recognized in </span><span style="font-family: 'Times New Roman';">income </span><span style="font-family: 'Times New Roman';">for the </span><span style="font-family: 'Times New Roman';">year</span><span style="font-family: 'Times New Roman';"> ended </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">3</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';">, 2021</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">amounted to R$ </span><span style="font-family: 'Times New Roman';">2,309</span><span style="font-family: 'Times New Roman';">&#160;(gain of R$ 15,126 for the year ended December 31, 2020&#160; and gain of R$ 2,017 for the year ended December 31, 2019).</span></span></p>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DescriptionOfAccountingPolicyForUseOfEstimatesAssumptionsAndJudgmentsExplanatory', window );">Use of estimates, assumptions and judgments</a></td>
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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">u</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Use of estimates, assumptions and judgments</span></span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The preparation of the </span><span style="font-family: 'Times New Roman';">financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">requires the use of estimates, assumptions</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> and judgments for the accounting and disclosure of certain assets, liabilities</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> and </span><span style="font-family: 'Times New Roman';">profit or loss</span><span style="font-family: 'Times New Roman';">. Therefore, </span><span style="font-family: 'Times New Roman';">the </span><span style="font-family: 'Times New Roman';">Company and subsidiaries&#8217; management use the best information available at the </span><span style="font-family: 'Times New Roman';">date</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">of preparation of the </span><span style="font-family: 'Times New Roman';">financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';">, as well as the experience of past and current events, also considering assumptions regarding future events. The estimates and assumptions are reviewed periodically</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">u</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">.1 Judgments</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Information on the judgments is included: in </span><span style="font-family: 'Times New Roman';">the </span><span style="font-family: 'Times New Roman';">determin</span><span style="font-family: 'Times New Roman';">ation of</span><span style="font-family: 'Times New Roman';"> control </span><span style="font-family: 'Times New Roman';">in</span><span style="font-family: 'Times New Roman';"> subsidiaries (Notes 2.</span><span style="font-family: 'Times New Roman';">h</span><span style="font-family: 'Times New Roman';">, 2.</span><span style="font-family: 'Times New Roman';">t</span><span style="font-family: 'Times New Roman';">.1 </span><span style="font-family: 'Times New Roman';">and </span><span style="font-family: 'Times New Roman';">4</span><span style="font-family: 'Times New Roman';">), </span><span style="font-family: 'Times New Roman';">the determination of </span><span style="font-family: 'Times New Roman';">joint control </span><span style="font-family: 'Times New Roman';">in</span><span style="font-family: 'Times New Roman';"> joint venture (Notes 2.</span><span style="font-family: 'Times New Roman';">h</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and </span><span style="font-family: 'Times New Roman';">13</span><span style="font-family: 'Times New Roman';">.a)</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">the </span><span style="font-family: 'Times New Roman';">determin</span><span style="font-family: 'Times New Roman';">ation</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">of </span><span style="font-family: 'Times New Roman';">significant influence </span><span style="font-family: 'Times New Roman';">in associates </span><span style="font-family: 'Times New Roman';">(Notes 2.</span><span style="font-family: 'Times New Roman';">h</span><span style="font-family: 'Times New Roman';"> and </span><span style="font-family: 'Times New Roman';">13</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';">b</span><span style="font-family: 'Times New Roman';">).</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">u</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">.2 Uncertainties </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">related to the</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"> assumptions and estimates</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The information regarding uncertainties related to the assumptions and estimates are included: in </span><span style="font-family: 'Times New Roman';">determining the fair value of financial instruments (Notes </span><span style="font-family: 'Times New Roman';">2.c, 2.</span><span style="font-family: 'Times New Roman';">m</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">5</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">17</span><span style="font-family: 'Times New Roman';"> and </span><span style="font-family: 'Times New Roman';">34</span><span style="font-family: 'Times New Roman';">), the determination of the </span><span style="font-family: 'Times New Roman';">loss allowance for expected credit losses</span><span style="font-family: 'Times New Roman';"> (Note</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">2.d, </span><span style="font-family: 'Times New Roman';">6</span><span style="font-family: 'Times New Roman';"> and </span><span style="font-family: 'Times New Roman';">34</span><span style="font-family: 'Times New Roman';">.d.3</span><span style="font-family: 'Times New Roman';">), </span><span style="font-family: 'Times New Roman';">the determination of provisions for losses of inventories (Note</span><span style="font-family: 'Times New Roman';">s 2.e</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and </span><span style="font-family: 'Times New Roman';">7</span><span style="font-family: 'Times New Roman';">), </span><span style="font-family: 'Times New Roman';">the estima</span><span style="font-family: 'Times New Roman';">tes</span><span style="font-family: 'Times New Roman';"> of </span><span style="font-family: 'Times New Roman';">realization of deferred </span><span style="font-family: 'Times New Roman';">IRPJ and CSLL</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">amounts </span><span style="font-family: 'Times New Roman';">(Note</span><span style="font-family: 'Times New Roman';">s 2.</span><span style="font-family: 'Times New Roman';">n</span><span style="font-family: 'Times New Roman';"> and</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">10</span><span style="font-family: 'Times New Roman';">.a</span><span style="font-family: 'Times New Roman';">), </span><span style="font-family: 'Times New Roman';">the useful lives and discount rate of right</span><span style="font-family: 'Times New Roman';">-of-</span><span style="font-family: 'Times New Roman';">use assets (Notes 2.</span><span style="font-family: 'Times New Roman';">i</span><span style="font-family: 'Times New Roman';"> and </span><span style="font-family: 'Times New Roman';">14</span><span style="font-family: 'Times New Roman';">),</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">the useful li</span><span style="font-family: 'Times New Roman';">ves </span><span style="font-family: 'Times New Roman';">of </span><span style="font-family: 'Times New Roman';">PP&amp;E</span><span style="font-family: 'Times New Roman';"> (Note</span><span style="font-family: 'Times New Roman';">s 2.</span><span style="font-family: 'Times New Roman';">j</span><span style="font-family: 'Times New Roman';"> and</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">15</span><span style="font-family: 'Times New Roman';">), the useful li</span><span style="font-family: 'Times New Roman';">ves</span><span style="font-family: 'Times New Roman';"> of intangible assets</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> and the determination of the recoverable amount of goodwill (Note</span><span style="font-family: 'Times New Roman';">s 2.</span><span style="font-family: 'Times New Roman';">k</span><span style="font-family: 'Times New Roman';"> and</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">16</span><span style="font-family: 'Times New Roman';">.a</span><span style="font-family: 'Times New Roman';">), provisions for assets retirement obligations (Note</span><span style="font-family: 'Times New Roman';">s 2.</span><span style="font-family: 'Times New Roman';">o</span><span style="font-family: 'Times New Roman';"> and</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">22</span><span style="font-family: 'Times New Roman';">), </span><span style="font-family: 'Times New Roman';">provisions for </span><span style="font-family: 'Times New Roman';">tax, civil</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> and labor</span><span style="font-family: 'Times New Roman';"> risks</span><span style="font-family: 'Times New Roman';"> (Note</span><span style="font-family: 'Times New Roman';">s 2.</span><span style="font-family: 'Times New Roman';">p</span><span style="font-family: 'Times New Roman';"> and</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">23</span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> estimates for the preparation of actuarial reports (Note</span><span style="font-family: 'Times New Roman';">s 2.</span><span style="font-family: 'Times New Roman';">q</span><span style="font-family: 'Times New Roman';"> and</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">21</span><span style="font-family: 'Times New Roman';">.b)</span><span style="font-family: 'Times New Roman';"> and the determination of fair value of subscription warrants &#8211; indemnification</span><span style="font-family: 'Times New Roman';"> (Notes </span><span style="font-family: 'Times New Roman';">25</span><span style="font-family: 'Times New Roman';"> and </span><span style="font-family: 'Times New Roman';">34</span><span style="font-family: 'Times New Roman';">.j</span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';">. The actual result of the transactions and information may differ from their estimates.</span></span></p>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfAssetsExplanatory', window );">Impairment of assets</a></td>
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<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">v</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Impairment of assets</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The Company and its subsidiaries review </span><span style="font-family: 'Times New Roman';">in </span><span style="font-family: 'Times New Roman';">every report</span><span style="font-family: 'Times New Roman';">ing</span><span style="font-family: 'Times New Roman';"> period</span><span style="font-family: 'Times New Roman';"> the existence of </span><span style="font-family: 'Times New Roman';">any </span><span style="font-family: 'Times New Roman';">indication that an asset may be impaired.</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">To </span><span style="font-family: 'Times New Roman';">intangible assets with </span><span style="font-family: 'Times New Roman';">indefinite</span><span style="font-family: 'Times New Roman';"> useful life</span><span style="font-family: 'Times New Roman';"> the review is done annually. If there is an indication</span><span style="font-family: 'Times New Roman';"> of </span><span style="font-family: 'Times New Roman';">devaluation</span><span style="font-family: 'Times New Roman';"> the Company and its subsidiaries estimate the recoverable amount of the asset. Assets that cannot be evaluated individually are grouped in the smallest group of assets that generate cash </span><span style="font-family: 'Times New Roman';">inflow</span><span style="font-family: 'Times New Roman';"> from continuous use and that are largely independent of cash flows of other assets (</span><span style="font-family: 'Times New Roman';">cash generating units</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> &#8220;</span><span style="font-family: 'Times New Roman';">CGU</span><span style="font-family: 'Times New Roman';">&#8221;</span><span style="font-family: 'Times New Roman';">). The recoverable amount of assets or CGUs corresponds to the greater of their fair value net of applicable direct selling costs and their value in use.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The fair value </span><span style="font-family: 'Times New Roman';">less</span><span style="font-family: 'Times New Roman';"> costs </span><span style="font-family: 'Times New Roman';">to sell</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">is determined by the price that would be received to sell an asset in an orderly transaction between market participants at the measurement date, net of costs of removing the asset, and direct incremental costs to bring an asset into condition for its sale, legal costs</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> and taxes.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">To assess the value in use, the projections of future cash flows, trends</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> and outlooks, as well as the effects of obsolescence, demand, competition</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> and other economic factors</span><span style="font-family: 'Times New Roman';"> were considered</span><span style="font-family: 'Times New Roman';">. Such cash flows are discounted to their present values &#8203;&#8203;using the discount rate before tax that reflects market conditions for the period of impairment testing and the specific risks of the asset or CGU being evaluated. In cases where the expected discounted future cash flows are less than their carrying amount, </span><span style="font-family: 'Times New Roman';">an </span><span style="font-family: 'Times New Roman';">impairment loss is recognized for the amount by which the carrying value exceeds the fair value of these assets. Losses for impairment of assets are recognized in profit or loss. In case goodwill has been allocated to a CGU, the recognized losses are first allocated to reduce the corresponding goodwill. If the goodwill is not enough to absorb such losses, the surplus is allocated to the assets on a pro-rata basis. An impairment of goodwill cannot be reversed. For other assets, impairment losses may be reversed only to the extent that the asset's carrying amount does not exceed the carrying amount that would have been determined, net of depreciation or amortization, if the impairment had not been recognized.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">On </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';">, 2021, the Company </span><span style="font-family: 'Times New Roman';">updated the calculation of the </span><span style="font-family: 'Times New Roman';">impairment of assets carried out on June 30, 2021</span><span style="font-family: 'Times New Roman';">&#160;</span><span style="font-family: 'Times New Roman';">for the subsidiary </span><span style="font-family: 'Times New Roman';">Imifarma</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Produtos</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Farmac&#234;uticos</span><span style="font-family: 'Times New Roman';"> e </span><span style="font-family: 'Times New Roman';">Cosm&#233;ticos</span><span style="font-family: 'Times New Roman';"> S.A. (&#8220;</span><span style="font-family: 'Times New Roman';">Extrafarma</span><span style="font-family: 'Times New Roman';">&#8221;) for the amount of R$ </span><span style="font-family: 'Times New Roman';">427,529</span><span style="font-family: 'Times New Roman';"> and deferred income and social contribution taxes effects of R$ </span><span style="font-family: 'Times New Roman';">145,360</span><span style="font-family: 'Times New Roman';">, resulting in a net loss of R$ </span><span style="font-family: 'Times New Roman';">282,169</span><span style="font-family: 'Times New Roman';">. S</span><span style="font-family: 'Times New Roman';">ee Note 3.</span><span style="font-family: 'Times New Roman';">a</span><span style="font-family: 'Times New Roman';">.</span></span></p>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory', window );">Business combination</a></td>
<td class="text">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">w</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Business </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">c</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">ombination</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">A business combination is accounted by&#160;</span><span style="font-family: 'Times New Roman';">applying</span><span style="font-family: 'Times New Roman';"> the acquisition method. The cost of </span><span style="font-family: 'Times New Roman';">the </span><span style="font-family: 'Times New Roman';">acquisition is measured </span><span style="font-family: 'Times New Roman';">based on </span><span style="font-family: 'Times New Roman';">the consideration transferred and to be transferred, measured at fair value at the acquisition date. </span><span style="font-family: 'Times New Roman';">The non-controlling interest in the acquired company</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">is measured based on its interest in net assets identified in the acquired company. Goodwill is measured as the excess of the </span><span style="font-family: 'Times New Roman';">consideration transferred and to be transferred</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">over the fair value of net assets acquired (identifiable assets and liabilities assumed, net). After </span><span style="font-family: 'Times New Roman';">the </span><span style="font-family: 'Times New Roman';">initial recognition, goodwill is measured at cost less any accumulated impairment losses. For impairment testing purposes, goodwill is allocated to the Company&#8217;s </span><span style="font-family: 'Times New Roman';">operating </span><span style="font-family: 'Times New Roman';">segment</span><span style="font-family: 'Times New Roman';">s</span><span style="font-family: 'Times New Roman';">. When the </span><span style="font-family: 'Times New Roman';">c</span><span style="font-family: 'Times New Roman';">ost of the acquisition</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">is </span><span style="font-family: 'Times New Roman';">lower</span><span style="font-family: 'Times New Roman';"> than the fair value of net assets acquired, </span><span style="font-family: 'Times New Roman';">a</span><span style="font-family: 'Times New Roman';"> gain is recognized directly in the statement</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">of profit or loss</span><span style="font-family: 'Times New Roman';">. Costs related to the acquisitions are recorded in the statement </span><span style="font-family: 'Times New Roman';">of profit or loss </span><span style="font-family: 'Times New Roman';">when incurred. For the </span><span style="font-family: 'Times New Roman';">year</span><span style="font-family: 'Times New Roman';"> ended on </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">20</span><span style="font-family: 'Times New Roman';">21</span><span style="font-family: 'Times New Roman';"> and 2020</span><span style="font-family: 'Times New Roman';"> there </span><span style="font-family: 'Times New Roman';">was</span><span style="font-family: 'Times New Roman';"> not business combination.</span></span></p>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForCashFlowsExplanatory', window );">Statements of cash flows indirect method</a></td>
<td class="text">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">x</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Statements of cash flows indirect method</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">&#160;</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The Company and its subsidiaries present the interest paid on loans</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">financing, </span><span style="font-family: 'Times New Roman';">debentures</span><span style="font-family: 'Times New Roman';">, and leases payable</span><span style="font-family: 'Times New Roman';"> in financing activities</span><span style="font-family: 'Times New Roman';"> and present </span><span style="font-family: 'Times New Roman';">financial investments</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> net of </span><span style="font-family: 'Times New Roman';">redemptions</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">in </span><span style="font-family: 'Times New Roman';">the </span><span style="font-family: 'Times New Roman';">invest</span><span style="font-family: 'Times New Roman';">ing </span><span style="font-family: 'Times New Roman';">activities</span><span style="font-family: 'Times New Roman';">.</span></span></p>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DescriptionOfAccountingPolicyForPronouncementsIssuedByIfrsExplanatory', window );">Adoption of the pronouncements issued by IASB</a></td>
<td class="text">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">y</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Adoption of the pronouncements issued by IASB</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">There are no standards, amendments and interpretations to IFRS issued by the IASB which are effective and could have a material impact in </span><span style="font-family: 'Times New Roman';">th</span><span style="font-family: 'Times New Roman';">ese</span><span style="font-family: 'Times New Roman';"> financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';"> to </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';">1</span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';">2021</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and 2020 </span><span style="font-family: 'Times New Roman';">that have not been adopted by the Company.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">In order to</span><span style="font-family: 'Times New Roman';"> be prepared for the transition of the IBORs</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> the Company is monitoring the pronouncements of the authorities, as well as the measures that have been adopted, aiming at the adaptation of the financial instruments to the new benchmarks. </span><span style="font-family: 'Times New Roman';">On</span><span style="font-family: 'Times New Roman';"> June 2017, the Company, through the subsidiary Ipiranga Produtos de Petr&#243;leo S.A. (&#8220;IPP&#8221;), contracted a </span><span style="font-family: 'Times New Roman';">financing</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">with maturity date</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">on</span><span style="font-family: 'Times New Roman';"> June 2022, with the current notional amount of USD 50 million (equivalent to R$ 279 million as of December 31, 2021) linked to LIBOR, with quarterly interest flows and principal amortization at maturity</span><span style="font-family: 'Times New Roman';">. At the time of the&#160;</span><span style="font-family: 'Times New Roman';">debt raising</span><span style="font-family: 'Times New Roman';">, a swap transaction with a notional value and cash flow identical to the debt</span><span style="font-family: 'Times New Roman';">&#160;was transacted with the same financial institution, through which the IPP became active in LIBOR, at an interest rate equivalent to the debt </span><span style="font-family: 'Times New Roman';">and liabilit</span><span style="font-family: 'Times New Roman';">y</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">rate in floating rate </span><span style="font-family: 'Times New Roman';">R</span><span style="font-family: 'Times New Roman';">eais (see </span><span style="font-family: 'Times New Roman';">N</span><span style="font-family: 'Times New Roman';">otes 17 c.1, 17.d</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">and</span><span style="font-family: 'Times New Roman';">&#160;33</span><span style="font-family: 'Times New Roman';">.g), these being the only operations </span><span style="font-family: 'Times New Roman';">linked</span><span style="font-family: 'Times New Roman';"> to LIBOR. In view of the short-term maturity </span><span style="font-family: 'Times New Roman';">as well as</span><span style="font-family: 'Times New Roman';"> the debt</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> the </span><span style="font-family: 'Times New Roman';">swap</span><span style="font-family: 'Times New Roman';"> and the fact that both have the same cash flow and financial institution, the Company has evaluated that there are</span><span style="font-family: 'Times New Roman';"> not</span><span style="font-family: 'Times New Roman';"> currently significant impacts from the LIBOR change on its operations.&#160;</span></span></p>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DescriptionOfAccountingPolicyForAuthorizationForIssuanceOfFinancialStatementsExplanatory', window );">Authorization for issuance of the financial statements</a></td>
<td class="text">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">z</span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">. </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Authorization for issuance of the financial </span><span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">statements</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">These financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">w</span><span style="font-family: 'Times New Roman';">ere</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">authorized for and</span><span style="font-family: 'Times New Roman';">&#160;by the </span><span style="font-family: 'Times New Roman';">Management</span><span style="font-family: 'Times New Roman';"> on</span><span style="font-family: 'Times New Roman';">&#160;May, 10</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">202</span><span style="font-family: 'Times New Roman';">2</span><span style="font-family: 'Times New Roman';">.</span></span></p>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for business combinations. [Refer: Business combinations [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 117<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_117_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for cash flows.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 117<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_117_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for employee benefits. Employee benefits are all forms of consideration given by an entity in exchange for services rendered by employees or for the termination of employment.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 117<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_117_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for financial assets. [Refer: Financial assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 117<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_117_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for financial liabilities. [Refer: Financial liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 117<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_117_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for foreign currency translation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 117<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_117_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfAssetsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for the impairment of assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 117<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_117_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfAssetsExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for income tax.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 117<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_117_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsAndGoodwillExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for intangible assets and goodwill. [Refer: Intangible assets and goodwill]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 117<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_117_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsAndGoodwillExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyForInvestmentInAssociatesAndJointVenturesExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for investment in associates and joint ventures. [Refer: Associates [member]; Joint ventures [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 117<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_117_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForInvestmentInAssociatesAndJointVenturesExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for leases. A lease is an agreement whereby the lessor conveys to the lessee in return for a payment or series of payments the right to use an asset for an agreed period of time.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 117<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_117_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyForMeasuringInventories">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for measuring inventories. [Refer: Inventories]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 2<br> -IssueDate 2021-01-01<br> -Paragraph 36<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=2&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_36_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForMeasuringInventories</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyForNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleAndDiscontinuedOperationsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for non-current assets or disposal groups classified as held for sale and discontinued operations. [Refer: Discontinued operations [member]; Non-current assets or disposal groups classified as held for sale]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 117<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_117_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleAndDiscontinuedOperationsExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for property, plant and equipment. [Refer: Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 117<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_117_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for provisions. [Refer: Provisions]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 117<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_117_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for recognising revenue. [Refer: Revenue]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 117<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_117_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for trade and other receivables. [Refer: Trade and other receivables]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 117<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_117_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
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<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy used to determine the components of cash and cash equivalents. [Refer: Cash and cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 46<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_46&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DescriptionOfAccountingPolicyForAuthorizationForIssuanceOfFinancialStatementsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for authorization for Issuance of the Financial Statements.</p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for basis for translation of financial statements.</p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for contractual assets with customers - exclusive rights.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of accounting policy for other assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of accounting policy for other liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for other provisions.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for adoption of the Pronouncements Issued By IFRS</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for use of Estimates, Assumptions and Judgments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147279058456">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Presentation of Financial Statements and Summary of Significant Accounting Policies (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
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<td class="text">&#160;<span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfForeignSubsidiariesTableTextBlock', window );">Summary of Foreign Subsidiaries</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The foreign subsidiaries with functional currency different from the Company and which have administrative </span><span style="font-family: 'Times New Roman';">autonomy</span><span style="font-family: 'Times New Roman';">&#160;are listed below:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_V770ESUDVK00000000000000000000b">
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<tbody>
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<td style="vertical-align: bottom; background-color: #ffffff; width: 68%; height: 20px;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold; text-decoration: underline;"> Subsidiary </span></p>
</td>
<td style="vertical-align: bottom; background-color: #ffffff; width: 15%; text-align: center; border-bottom: 1pt solid #000000; height: 20px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Functiona</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">l</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> currency </span></p>
</td>
<td style="vertical-align: bottom; background-color: #ffffff; width: 2%; text-align: center; height: 20px;"><br/></td>
<td style="vertical-align: bottom; background-color: #ffffff; width: 15%; text-align: center; border-bottom: 1pt solid #000000; height: 20px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Location </span></p>
</td>
</tr>
<tr style="height: 7.7pt;">
<td style="vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"> Oxiteno M&#233;xico S.A. de C.V. </span></p>
</td>
<td style="vertical-align: bottom; text-align: center; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Mexican Peso </span></p>
</td>
<td style="vertical-align: bottom; text-align: center; height: 17px;"><br/></td>
<td style="vertical-align: bottom; text-align: center; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Mexico </span></p>
</td>
</tr>
<tr style="height: 7.15pt; background-color: #ffffff;">
<td style="vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"> &#160;&#160;&#160;Oxiteno Servicios Corporativos S.A. de C.V. </span></p>
</td>
<td style="vertical-align: bottom; background-color: #ffffff; text-align: center; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Mexican Peso </span></p>
</td>
<td style="vertical-align: bottom; background-color: #ffffff; text-align: center; height: 17px;"><br/></td>
<td style="vertical-align: bottom; background-color: #ffffff; text-align: center; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Mexico </span></p>
</td>
</tr>
<tr style="height: 7.35pt;">
<td style="vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"> &#160;&#160;&#160;Oxiteno Servicios Industriales S.A. de C.V. </span></p>
</td>
<td style="vertical-align: bottom; text-align: center; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Mexican Peso </span></p>
</td>
<td style="vertical-align: bottom; text-align: center; height: 17px;"><br/></td>
<td style="vertical-align: bottom; text-align: center; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Mexico </span></p>
</td>
</tr>
<tr style="height: 5.45pt; background-color: #ffffff;">
<td style="vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"> &#160;&#160;&#160;Oxiteno USA LLC </span></p>
</td>
<td style="vertical-align: bottom; background-color: #ffffff; text-align: center; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> U.S. Dollar </span></p>
</td>
<td style="vertical-align: bottom; background-color: #ffffff; text-align: center; height: 17px;"><br/></td>
<td style="vertical-align: bottom; background-color: #ffffff; text-align: center; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> United States </span></p>
</td>
</tr>
<tr style="height: 10.75pt;">
<td style="vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"> Oxiteno Uruguay S.A. (i) </span></p>
</td>
<td style="vertical-align: bottom; text-align: center; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> U.S. Dollar </span></p>
</td>
<td style="vertical-align: bottom; text-align: center; height: 17px;"><br/></td>
<td style="vertical-align: bottom; text-align: center; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Uruguay </span></p>
</td>
</tr>
</tbody>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt 14.2pt; text-align: justify; text-indent: -14.2pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">(i) </span><span style="font-family: 'Times New Roman';">The subsidiary Oxiteno Uruguay S.A. (&#8220;Oxiteno Uruguay&#8221;) determined its functional currency as the U.S. dollar</span><span style="font-family: 'Times New Roman';"> (&#8220;US$&#8221;)</span><span style="font-family: 'Times New Roman';">, as its </span><span style="font-family: 'Times New Roman';">inventory </span><span style="font-family: 'Times New Roman';">sales, purchases of </span><span style="font-family: 'Times New Roman';">raw material inputs</span><span style="font-family: 'Times New Roman';">, and financing activities are performed substantially in this currency.</span></span></p>
<span></span>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of the foreign subsidiaries with functional currency different from the company.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
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</TEXT>
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<DESCRIPTION>IDEA: XBRL DOCUMENT
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<head>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147283241464">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Assets and liabilities from subsidiaries held for sale and discontinued operations (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwnersAbstract', window );"><strong>Assets and liabilities from subsidiaries held for sale and discontinued operations</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfImpairmentOfAssetsExplanatory', window );">Schedule of impairment loss allocation to assets</a></td>
<td class="text">
<table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 11.35pt;">
<td style="vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Amount </span></p>
</td>
<td style="vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px;"><br/></td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff; width: 85%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160;&#160;&#160; Goodwill </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; width: 14%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 68,273 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
</tr>
<tr style="height: 11.35pt;">
<td style="vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160;&#160;&#160; Residual surplus value of fixed assets </span></p>
</td>
<td style="vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 160 </span></p>
</td>
<td style="vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160;&#160;&#160; Intangibles assets arising from business combination </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 76,136 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 11.35pt;">
<td style="vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160;&#160;&#160; Property, plant, and equipment </span></p>
</td>
<td style="vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 60,548 </span></p>
</td>
<td style="vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160;&#160;&#160; Right-of-use assets </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 38,957 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 11.35pt;">
<td style="vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160; &#160; &#160;Recoverable taxes</span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1pt solid #000000;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 183,455 </span></p>
</td>
<td style="vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Impairment </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 427,529 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 11.35pt;">
<td style="vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160;&#160;&#160; Deferred income and social contribution taxes </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1pt solid #000000;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (145,360 </span></p>
</td>
<td style="vertical-align: bottom;">)</td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Net impairment </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 282,169 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
</tbody>
</table>
<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfAssetsAndLiabilitiesOrDisposalGroupsClassifiedAsHeldForSaleExplanatory', window );">Schedule of classes of assets and liabilities classified as held for sale</a></td>
<td class="text">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 460px;" width="100%">
<tbody>
<tr style="height: 20px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Liabilities </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Oxiteno </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.33136%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Extrafarma </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.33136%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Eliminations (*)</span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.47929%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 20px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Current liabilities </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 20px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 20px; width: 1.33136%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.33136%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.47929%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; width: 45.7101%; height: 19px;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Loans, financing and hedge derivative financial instruments </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; width: 10.7988%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 302,154 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; width: 1.33136%; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; width: 1.77515%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; width: 10.9467%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; width: 1.33136%; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; width: 1.77515%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; width: 10.9467%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (62,841 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; width: 1.47929%; height: 19px;">)</td>
<td style="padding: 0px; vertical-align: middle; width: 1.77515%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; width: 10.6509%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 239,313 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; width: 1.47929%; height: 19px;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Trade payables </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 493,800 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 225,487 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,949 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 717,338 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Trade payables &#8211; reverse factoring </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 725,246 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 725,246 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Salaries and related charges </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 176,941 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 45,843 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 222,784 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Taxes payables </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 53,988 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 15,696 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 69,684 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Income and social contribution taxes payable </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 12,415 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 12,415 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Post-employment benefits </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,311 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,311 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Provision for tax, civil, and labor risks </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,946 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 520 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,466 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Leases payable </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 11,702 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 64,312 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 76,014 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: top; background-color: #cceeff; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Other liabilities </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 68,721 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 13,249 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (13,264 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 68,706 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total current liabilities </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,851,224 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 365,107 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (78,054 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,138,277 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Non-current liabilities </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Loans, financing and hedge derivative financial instruments </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 5,728,028 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (5,725,594 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,434 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Related parties </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,875 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (2,875 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Deferred income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 12,964 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 12,964 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Post-employment benefits </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 6,806 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 287 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 7,093 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Provision for tax, civil, and labor risks </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 33,149 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,370 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 35,519 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Leases payable </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 22,786 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 314,915 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 337,701 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Other liabilities </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 5,341 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,092 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 7,433 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total non-current liabilities </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 5,811,949 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 319,664 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (5,728,469 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 403,144 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: top; height: 19px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total equity </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,824,337 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 857,392 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (2,681,729 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 21px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 21px; width: 45.7101%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total liabilities held for sale and equity </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 21px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 9,487,510 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 21px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,542,163 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 21px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (8,488,252 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 21px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,541,421 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.47929%;"><br/></td>
</tr>
</tbody>
</table>
<p style="margin: 2pt 0cm 0cm; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"><span style="font-size: 8pt; font-family: 'times new roman', times;">(*) Balances and transactions between the discontinued and continuing operations have been eliminated, mainly related to loans.</span><span/></p>

<table cellpadding="0" style="height: 422px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Assets </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Oxiteno </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 1.26227%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Extrafarma </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 1.26227%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Eliminations (*)</span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 1.40252%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Current assets </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.40252%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Cash and cash equivalents </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 334,882 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 53,099 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 387,981 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Financial investments and hedging instruments </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,346,552 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,346,552 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Trade receivables </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 993,960 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 35,743 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,029,703 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Inventories </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,671,662 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 578,206 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,249,868 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Recoverable taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 634,718 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 62,053 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 696,771 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 20px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 20px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Other assets </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 20px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 51,829 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 20px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 20px; border-bottom-width: 1px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 20px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 26,145 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 20px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 20px; border-bottom-width: 1px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 20px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (5,035 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 20px; width: 1.40252%;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 20px; border-bottom-width: 1px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 20px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 72,939 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 20px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 20px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 20px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total current assets </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 20px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 5,033,603 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 20px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 20px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 20px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 755,246 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 20px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 20px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 20px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (5,035 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 20px; width: 1.40252%;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 20px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 20px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 5,783,814 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 20px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Non-current assets </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px; height: 19px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px; height: 19px; width: 1.40252%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Financial investments and hedging instruments </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 492,430 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 492,430 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Related parties </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,674 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,674 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Deferred income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 541,756 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 200,194 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 741,950 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Recoverable taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 393,723 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 17,938 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 411,661 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Other assets </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 10,538 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 4,136 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 1.40252%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 14,674 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,438,447 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 223,942 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,674 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 1.40252%;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,660,715 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Investments </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 36,207 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 5,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (22,047 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 19,160 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Right-of-use assets, net </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 31,871 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 318,183 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 350,054 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Property, plant, and equipment </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,787,241 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 154,663 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208;</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,941,904 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Intangible assets </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 160,141 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 85,129 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208;</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 1.40252%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 245,270 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total non-current assets </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 4,453,907 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 786,917 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (23,721 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 1.40252%;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 5,217,103 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"><br/></td>
</tr>
<tr style="height: 21px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 21px; width: 46.2833%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total assets held for sale </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; border-bottom: 2.8pt double #000000; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 9,487,510 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; border-bottom: 2.8pt double #000000; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; border-bottom: 2.8pt double #000000; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,542,163 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; border-bottom: 2.8pt double #000000; width: 1.26227%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; border-bottom: 2.8pt double #000000; width: 10.9397%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (28,756 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; border-bottom: 2.8pt double #000000; width: 1.40252%;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.68303%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; border-bottom: 2.8pt double #000000; width: 10.7994%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 11,000,917 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.40252%;"><br/></td>
</tr>
</tbody>
</table>
<p style="margin: 2pt 0cm 0cm; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"><span style="font-size: 8pt; font-family: 'times new roman', times;">(*) Balances and transactions between the discontinued and continuing operations have been eliminated, mainly related to loans.</span><span/></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">c.1</span> The main classes of assets and liabilities classified as held for sale on December 31, 2021 are shown below:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsExplanatory', window );">Schedule of profit (loss) for the year and cash flows from discontinued operations</a></td>
<td class="text">
<div style="border-right: none; border-left: none;">
<div id="Normadiv205" style="font-family: 'times new roman', times; font-size: 10pt;">
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">c.2</span> The results for the year and cash flows from discontinued operations as of December 31, 2021 are shown below:</span></p>
</div>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<table cellpadding="0" style="height: 295px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 46.0059%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Oxiteno </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Extrafarma </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.44718%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;"> Eliminations (*)</span></span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 46.0059%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Net revenue from sales and services </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 7,102,771 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.33136%; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,986,932 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.44718%; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (23,908 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 19px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 9,065,795 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 46.0059%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Cost of products and services sold </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (5,540,773 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,384,316 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.44718%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 23,908 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (6,901,181 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;">)</td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 46.0059%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Gross profit </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,561,998 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 602,616 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.44718%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208;</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,164,614 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 46.0059%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Operating income (expenses) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.44718%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 46.0059%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Selling marketing and administrative </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (978,221) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (685,794 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.44718%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208;</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,664,015 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;">)</td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 46.0059%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Impairment </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (427,529 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.44718%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208;</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (427,529 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;">)</td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 46.0059%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Other operating income, net </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 26,924 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,109 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.44718%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208;</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 25,815 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 46.0059%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Operating income (loss) before finance income (expenses) and share of profit of associates </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 610,701 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (511,816 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.44718%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 98,885 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 46.0059%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Share of profit of associates </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 48 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.44718%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 48 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 46.0059%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Operating income (loss) before finance income (expenses) and income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 610,749 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (511,816 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.44718%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 98,933 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 46.0059%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Financial result, net </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (431,441 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (45,265 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.44718%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 329,736 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (146,970 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;">)</td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 46.0059%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Profit (loss) before income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 179,308 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (557,081 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.44718%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 329,736 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (48,037 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;">)</td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 46.0059%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Income and social contribution taxes </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 69,995 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 155,416 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.44718%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (112,110 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 113,301 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 46.0059%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Profit (loss) for the year </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 249,303 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (401,665 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.44718%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 217,626 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 65,264 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 46.0059%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">Deprecia</span><span style="font-weight: bold;">tion</span><span style="font-weight: bold;"> </span><span style="font-weight: bold;">and</span><span style="font-weight: bold;"> amortiza</span><span style="font-weight: bold;">tion for the year <span style="font-size: 8pt;"><sup>(i)</sup></span></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 10.7988%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 308,564 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 154,850 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.44718%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 10.9467%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 10.6509%;">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 463,414 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.47929%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<div style="border-right: none; border-left: none;">
<p style="margin: 0pt; text-align: justify;"><br/></p>
<p style="margin: 0pt; text-align: justify;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(*) Elimination between continuing and discontinued operations related to the intercompany loan (PPE) between Ultrapar International and Oxiteno.</span><br/></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><sup><span style="vertical-align: super;">(i)</span></sup> Balances included for complete breakdown of segment information.</span></p>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 133px;" width="100%">
<tbody>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Oxiteno </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Extrafarma </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Eliminations </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 49%; height: 18px;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Net cash provided by (used in) operating activities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11%; height: 18px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,016,580 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 18px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11%; height: 18px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (33,273 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 18px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 18px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11%; height: 18px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (788 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 18px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 18px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11%; height: 18px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 982,519 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 18px;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Net cash used in investing activities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (122,363 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (35,072 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,298 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (158,733 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">)</td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Net cash provided by (used in) financing activities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,054,930 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 35,286 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 466,677 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (552,967 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;">)</td>
</tr>
<tr style="height: 37px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 37px;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Effect of exchange rate changes on cash and cash equivalents in foreign currency </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 56,553 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 37px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 37px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 37px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 56,553 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px;"><br/></td>
</tr>
<tr style="height: 21px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 21px;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (Decrease) increase in cash and cash equivalents </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 21px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (104,160 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 21px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 21px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 21px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (33,059 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 21px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 21px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 21px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 464,591 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 21px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 21px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 21px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 327,372 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 21px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">c.</span><span style="font-style: italic; font-weight: bold;">3</span> The results for the year and cash flows from discontinued operations as of December 31, 2020 are shown below:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
</div>
<div style="border-right: none; border-left: none;">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 422px;" width="100%">
<tbody>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.4438%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="10" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 48.2249%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Discontinued operations </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.33136%;"><br/></td>
<td style="vertical-align: top; height: 19px; width: 0.887574%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.4438%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Disclosed </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.46746%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Oxiteno </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.91124%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Extrafarma </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 10.0592%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"><span style="font-weight: bold;"> Eliminations</span> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: top; border-bottom: 1px solid #000000; height: 19px; width: 9.61538%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="vertical-align: top; height: 19px; width: 1.33136%;"><br/></td>
<td style="vertical-align: top; height: 19px; width: 0.887574%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Re-Restated </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 25.4438%; height: 19px;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Net revenue from sales and services </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 9.76331%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <span style="border-left: none; border-right: none;">81,241,102</span> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.33136%; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.77515%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 9.46746%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 5,210,704 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.33136%; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.77515%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 9.91124%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,988,411 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.62722%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10.0592%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (16,069 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.33136%; height: 19px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.62722%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; width: 9.61538%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 7,183,046 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; width: 1.33136%; height: 19px;"><br/></td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; width: 0.887574%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 9.76331%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 74,058,056 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 19px;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.4438%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Cost of products and services sold </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (75,628,214 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.46746%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (4,188,711 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.91124%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,399,125 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 10.0592%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 16,069 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 19px; width: 9.61538%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (5,571,767 </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.33136%;">)</td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; width: 0.887574%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (70,056,447 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;">)</td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 25.4438%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Gross profit </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 5,612,888 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.46746%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,021,993 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.91124%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 589,286 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 10.0592%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 9.61538%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,611,279 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 1.33136%;"><br/></td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 0.887574%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 4,001,609 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.4438%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Operating income (expenses) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.46746%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.91124%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.0592%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; width: 9.61538%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.33136%;"><br/></td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; width: 0.887574%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 25.4438%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Selling marketing and administrative </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (4,098,377 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.46746%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (831,056 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.91124%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (662,182 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 10.0592%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 9.61538%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,493,238 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 1.33136%;">)</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 0.887574%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (2,605,139 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;">)</td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.4438%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Other operating income, net </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 297,544 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.46746%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 153,457 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.91124%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (5,403 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 10.0592%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 19px; width: 9.61538%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 148,054 </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.33136%;"><br/></td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; width: 0.887574%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 149,490 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 54px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 54px; width: 25.4438%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Operating income (loss) before finance income (expenses) and share of profit (loss) of subsidiaries, joint ventures and associates </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 54px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,812,055 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 54px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 54px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 54px; width: 9.46746%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 344,394 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 54px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 54px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 54px; width: 9.91124%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (78,299) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 54px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 54px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 54px; width: 10.0592%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 54px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 54px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; padding: 0px; height: 54px; width: 9.61538%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 266,095 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 54px; width: 1.33136%;"><br/></td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 54px; width: 0.887574%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 54px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,545,960 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 54px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 37px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 37px; width: 25.4438%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Share of profit (loss) of subsidiaries, joint ventures and associates </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (43,617 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.33136%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 9.46746%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 414 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 9.91124%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 10.0592%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 37px; width: 9.61538%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 414 </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 37px; width: 1.33136%;"><br/></td>
<td style="vertical-align: bottom; padding: 0px; height: 37px; width: 0.887574%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (44,031 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.47929%;">)</td>
</tr>
<tr style="height: 37px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 37px; width: 25.4438%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Operating income (loss) before finance income (expenses) and income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 37px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,768,438 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 37px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 37px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 37px; width: 9.46746%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 344,808 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 37px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 37px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 37px; width: 9.91124%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (78,299 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 37px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 37px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 37px; width: 10.0592%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 37px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 37px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; padding: 0px; height: 37px; width: 9.61538%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 266,509 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 37px; width: 1.33136%;"><br/></td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 37px; width: 0.887574%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 37px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,501,929 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 37px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.4438%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Financial result, net </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (269,374 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.46746%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,482 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.91124%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (38,938 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 10.0592%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 318,430 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 19px; width: 9.61538%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 280,974 </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.33136%;"><br/></td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; width: 0.887574%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (550,348 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;">)</td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 25.4438%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Profit (loss) before income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,499,064 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 19px; width: 9.46746%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 346,290 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 19px; width: 9.91124%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (117,237 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 19px; width: 10.0592%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 318,430 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; padding: 0px; height: 19px; width: 9.61538%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 547,483 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 1.33136%;"><br/></td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 0.887574%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 951,581 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.4438%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Income and social contribution taxes </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (571,367 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; height: 19px; width: 9.46746%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (118,132 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; height: 19px; width: 9.91124%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (40,453 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; height: 19px; width: 10.0592%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (108,265 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; vertical-align: bottom; padding: 0px; height: 19px; width: 9.61538%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (266,850 </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.33136%;">)</td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; width: 0.887574%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (304,517 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;">)</td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 25.4438%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Net income from continuing operations </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.46746%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.91124%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 10.0592%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 9.61538%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 1.33136%;"><br/></td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 0.887574%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 647,064 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.4438%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Net income from discontinued operations </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.46746%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.91124%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 10.0592%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 19px; width: 9.61538%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 280,633 </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.33136%;"><br/></td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; width: 0.887574%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 280,633 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 25.4438%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Profit (loss) for the year </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 927,697 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.46746%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 228,158 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.91124%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (157,690 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 10.0592%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 210,165 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 9.61538%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 280,633 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 1.33136%;"><br/></td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 0.887574%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 927,697 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 28px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 28px; width: 25.4438%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">Deprecia</span><span style="font-weight: bold;">tion</span><span style="font-weight: bold;"> </span><span style="font-weight: bold;">and</span><span style="font-weight: bold;"> amortiza</span><span style="font-weight: bold;">tion for the year</span><span style="font-weight: bold;"> </span><sup><sup><sup><sup><span style="font-weight: bold; vertical-align: super;">(i)</span></sup></sup></sup></sup></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 28px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,556,599 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 28px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 28px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 28px; width: 9.46746%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 275,063 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 28px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 28px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 28px; width: 9.91124%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 153,899 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 28px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 28px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 28px; width: 10.0592%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 28px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 28px; width: 1.62722%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 28px; width: 9.61538%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 428,962 </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 28px; width: 1.33136%;"><br/></td>
<td style="vertical-align: bottom; padding: 0px; height: 28px; width: 0.887574%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 28px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,127,637 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 28px; width: 1.47929%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<div id="Normadiv206" style="font-family: 'times new roman', times; font-size: 10pt;">
<div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">(i) Balances included for complete breakdown of segment information.</span></p>
</div>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 1pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="12" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Discontinued operations </span></p>
</td>
<td style="vertical-align: top;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 1pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Disclosed </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Oxiteno </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Extrafarma </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Eliminations </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: top; border-bottom: 1px solid #000000;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="vertical-align: top;"><br/></td>
<td colspan="2" style="vertical-align: top; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> <span style="color: #000000; font-family: 'times new roman', times; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Re-</span>Restated </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 1pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> (A) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom;">
<p style="margin: 2pt 2.85pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> (B) </span></p>
</td>
<td style="vertical-align: bottom;"><br/></td>
<td colspan="2" style="vertical-align: top;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> (A-B) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 1pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 29%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Net cash provided by (used in) operating activities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,138,119 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 765,090 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 111,396 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (2,380 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; background-color: #cceeff; width: 10%;">
<p style="text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 874,106 </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; background-color: #cceeff; width: 1%;"><br/></td>
<td colspan="2" style="vertical-align: top; padding: 0px; background-color: #cceeff; width: 1%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,264,013 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
</tr>
<tr style="height: 1pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Net cash used in investing activities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (2,136,405 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">)</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (159,349 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">)</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (6,484 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">)</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (321,557 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">)</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px;">
<p style="text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (487,390 </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px;">)</td>
<td colspan="2" style="vertical-align: top; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,649,015 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">)</td>
</tr>
<tr style="height: 1pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Net cash (used in) provided by financing activities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (592,333 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,236,490 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 11,272 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 305,534 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; background-color: #cceeff;">
<p style="text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (919,684 </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; background-color: #cceeff;">)</td>
<td colspan="2" style="vertical-align: top; padding: 0px; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 327,351 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 1pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Effect of exchange rate changes on cash and cash equivalents in foreign currency </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 136,734 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 114,822 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; border-bottom: 1px solid #000000;">
<p style="text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 114,822 </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px;"><br/></td>
<td colspan="2" style="vertical-align: top; padding: 0px; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 21,912 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 1pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Increase (decrease) in cash and cash equivalents </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 546,115 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (515,927 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 116,184 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (18,403) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (418,146 </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; background-color: #cceeff;">)</td>
<td colspan="2" style="vertical-align: top; padding: 0px; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 964,261 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>

<div style="border-right: none; border-left: none;">
<p style="margin: 0pt; text-align: justify; margin-top: 5pt; margin-bottom: 5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">c.4</span> The results for the year and cash flows from discontinued operations as of December 31, 2019 are shown below:</span></p>
</div>
<div style="border-right: none; border-left: none;">
<table cellpadding="0" style="height: 363px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 20px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 27.044%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2019 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.13208%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="10" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 47.517%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Discontinued operations </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 1.13208%;"><br/></td>
<td style="vertical-align: top; height: 20px; width: 0.880503%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2019 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.63522%;"><br/></td>
</tr>
<tr style="height: 20px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 27.044%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Disclosed </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 1.13208%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Oxiteno </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 1.13208%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Extrafarma </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 1.13208%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Eliminations </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 1.47929%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: top; border-bottom: 1pt solid #000000; height: 20px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="vertical-align: top; border-bottom: 1pt solid #000000; height: 20px; width: 1.13208%;"><br/></td>
<td style="vertical-align: top; height: 20px; width: 0.880503%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> <span style="color: #000000; font-family: 'times new roman', times; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Re-</span>Restated </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.63522%;"><br/></td>
</tr>
<tr style="height: 20px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 27.044%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Net revenue from sales and services </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> 89,297,975 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.13208%; height: 20px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;">4,254,237 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.13208%; height: 20px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;">2,060,569 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.13208%; height: 20px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;"> (<span style="border-left: none; border-right: none; font-weight: bold;">21,560 </span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 20px; background-color: #cceeff;"><span style="font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 20px; padding: 0px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;">6,293,246 </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; width: 1.13208%; height: 20px; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 20px; padding: 0px; width: 0.880503%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="border-left: none; border-right: none; font-weight: bold;"> 83,004,729 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.63522%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Cost of products and services sold </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (83,187,109 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;">( 3,537,570 </p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;">(<span style="font-family: 'times new roman', times; font-size: 10pt;">1,462,313 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">21,560 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.47929%;">
<p><br/></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; padding: 0px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;">( 4,978,323 </p>
</td>
<td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 19px; width: 1.13208%;">)</td>
<td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (78,208,786 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%;">)</td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Gross profit </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="border-left: none; border-right: none; font-weight: bold;"> 6,110,866 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;">716,667 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;">598,256 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; padding: 0px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;">1,314,923 </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.13208%; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 4,795,943&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 27.044%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Operating income (expenses) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13208%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13208%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13208%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; padding: 0px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 10px; width: 1.13208%;"><br/></td>
<td style="vertical-align: bottom; height: 10px; padding: 0px; width: 0.880503%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.63522%;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Selling marketing and administrative </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;">( 4,366,640 </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;">( 737,606 </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;">(<span style="font-family: 'times new roman', times; font-size: 10pt;">742,599</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; padding: 0px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;">( 1,480,205 </p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.13208%; background-color: #cceeff;">)</td>
<td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;">( 2,886,435 </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Other operating income, net </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; (443,674 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160; &#160;(5,348 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;">(<span style="font-family: 'times new roman', times; font-size: 10pt;">580,055 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; padding: 0px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;">( 585,403 </p>
</td>
<td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 19px; width: 1.13208%;">)</td>
<td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"> 141,729 </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%;"><br/></td>
</tr>
<tr style="height: 37px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 37px; width: 27.044%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Operating income (loss) before finance income (expenses) and share of profit (loss) of subsidiaries, joint ventures and associates </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> 1,300,552 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 1.13208%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;">(26,287 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 1.13208%; background-color: #cceeff;"><span style="font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">(724,398</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 1.13208%; background-color: #cceeff;"><span style="font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 1.47929%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; padding: 0px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="border-left: none; border-right: none; font-weight: bold;">(750,685 </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 37px; width: 1.13208%; background-color: #cceeff;"><span style="font-weight: bold;">)</span></td>
<td style="vertical-align: bottom; height: 37px; padding: 0px; width: 0.880503%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="border-left: none; border-right: none; font-weight: bold;"> 2,051,237 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.63522%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Share of profit (loss) of subsidiaries, joint ventures and associates </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; (12,145 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">528 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">36 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; padding: 0px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"> 564 </p>
</td>
<td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 19px; width: 1.13208%;"><br/></td>
<td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;">( 12,709 </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%;">)</td>
</tr>
<tr style="height: 37px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 37px; width: 27.044%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Operating income (loss) before finance income (expenses) and income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="border-left: none; border-right: none; font-weight: bold;"> 1,288,407 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 1.13208%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">(25,759 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 1.13208%; background-color: #cceeff;"><span style="font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="border-left: none; border-right: none; font-weight: bold;">(724,398 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 1.13208%; background-color: #cceeff;"><span style="font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">36 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 1.47929%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; padding: 0px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="border-left: none; border-right: none; font-weight: bold;">(750,121 </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 37px; width: 1.13208%; background-color: #cceeff;"><span style="font-weight: bold;">)</span></td>
<td style="vertical-align: bottom; height: 37px; padding: 0px; width: 0.880503%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> 2,038,528 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.63522%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Financial result, net </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (506,854 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"> 14,464 </p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">(32,451 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; (184,484 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; padding: 0px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">166,497 </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 19px; width: 1.13208%;"><br/></td>
<td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;">( 673,351 </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%;">)</td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Profit (loss) before income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;"> 781,553 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;">(11,295 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%; background-color: #cceeff;"><span style="font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">(756,849 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%; background-color: #cceeff;"><span style="font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;">184,520 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.47929%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; padding: 0px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">(583,624 </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 19px; width: 1.13208%; background-color: #cceeff;"><span style="font-weight: bold;">)</span></td>
<td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="border-left: none; border-right: none; font-weight: bold;"> 1,365,177 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (378,609 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%;"><span style="font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;">35,191 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;">118,901 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;">(</span><span style="border-left: none; border-right: none; font-weight: bold;">62,725 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"><span style="font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; padding: 0px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;">91,367 </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.13208%;"><br/></td>
<td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="border-left: none; border-right: none; font-weight: bold;">(469,976 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%;"><span style="font-weight: bold;">)</span></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Net income from continuing operations </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"> 402,944 </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"> 23,896 </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">
<p style="margin: 2pt 0pt 0pt; text-align: right; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">( 637,948 </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;"><span style="font-weight: bold;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">121,795 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; padding: 0px; width: 9.81132%; background-color: #cceeff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;">(</span> 492,257 </p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.13208%; background-color: #cceeff;"><span style="font-weight: bold;">)</span></td>
<td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"> 895,201 </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Net income from discontinued operations </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 19px; width: 1.13208%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">(23,896 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 19px; width: 1.13208%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">637,948 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 19px; width: 1.13208%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">(121,795 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 19px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; padding: 0px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">492,257 </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1pt solid #000000; padding: 0px; height: 19px; width: 1.13208%;"><br/></td>
<td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;">( 492,257 </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%;">)</td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Profit (loss) for the year </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"> 402,944 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; padding: 0px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;"> - </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.13208%; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="border-left: none; border-right: none; font-weight: bold;"> 402,944 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 27.044%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">Depreciation and amortization for the year <span style="font-size: 8pt;"><sup>(1)</sup></span>&#160;</span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;"> 1,499,955 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13208%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&#160;&#160;222,004 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13208%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-weight: bold;">154,324 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13208%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.50943%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; padding: 0px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">376,328 </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 10px; width: 1.13208%;"><br/></td>
<td style="vertical-align: bottom; height: 10px; padding: 0px; width: 0.880503%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.81132%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="border-left: none; border-right: none; font-weight: bold;"> 1,123,627 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.63522%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<div style="border-right: none; border-left: none;">
<div id="Normadiv207" style="font-family: 'times new roman', times; font-size: 10pt;">
<div>
<p style="margin: 0pt; text-align: justify; margin-top: 5pt; margin-bottom: 5pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">(i) Balances included for complete breakdown of segment information.</span></p>
</div>
</div>
</div>
<div style="border-right: none; border-left: none;">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 116px;" width="100%">
<tbody>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.8876%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2019 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="12" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 50.5293%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Discontinued operations </span></p>
</td>
<td style="vertical-align: top; height: 19px; width: 0.887574%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2019 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.8876%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Disclosed </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom-width: 1px; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.46746%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Oxiteno </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom-width: 1px; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Extrafarma </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom-width: 1px; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 11.2426%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Eliminations </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom-width: 1px; height: 19px; width: 1.47929%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: top; border-bottom: 1px solid #000000; height: 19px; width: 9.91124%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="vertical-align: top; border-bottom: 1px solid #000000; height: 19px; width: 0.887574%;"><br/></td>
<td colspan="2" style="vertical-align: top; border-bottom-width: 1px; height: 19px; width: 0.973095%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> <span style="color: #000000; font-family: 'times new roman', times; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Re-</span>Restated </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.8876%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> (A) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 9.46746%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.33136%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.77515%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 11.2426%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.47929%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; width: 9.91124%;">
<p style="margin: 2pt 2.85pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> (B) </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; width: 0.887574%;"><br/></td>
<td colspan="2" style="vertical-align: top; height: 19px; width: 0.973095%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 9.76331%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> (A-B) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.47929%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 25.8876%; height: 10px; background-color: #cceeff;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Net cash provided by (used in) operating activities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 9.76331%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,924,852 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.33136%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.77515%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 9.46746%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 486,276 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.33136%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.77515%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 9.76331%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 23,282 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.33136%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.77515%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.2426%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 42,910 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; width: 9.91124%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 552,468 </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; width: 0.887574%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td colspan="2" style="vertical-align: top; padding: 0px; width: 0.973095%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 9.76331%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,372,384 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.8876%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Net cash used in investing activities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 9.76331%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;">(1,835,261</p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 1.33136%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 1.77515%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 9.46746%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (882,894 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 1.33136%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 1.77515%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 9.76331%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (122,462 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 1.33136%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 1.77515%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 11.2426%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 9,433 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 1.47929%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; margin: 0px; text-indent: 0px; width: 9.91124%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (995,923 </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 19px; margin: 0px; text-indent: 0px; width: 0.887574%;">)</td>
<td colspan="2" style="vertical-align: top; padding: 0px; height: 19px; margin: 0px; text-indent: 0px; width: 0.973095%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 9.76331%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (839,338 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 1.47929%;">)</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 25.8876%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <b style="mso-bidi-font-weight: normal;"><span style="color: #000000;">Net cash (used in) provided by financing activities</span></b> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.76331%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (2,922,229 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.33136%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.77515%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.46746%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (375,258 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.33136%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.77515%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.76331%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 125,852 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.77515%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 11.2426%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 7,499 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.47929%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.91124%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (241,907 </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 0.887574%;">)</td>
<td colspan="2" style="vertical-align: top; padding: 0px; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 0.973095%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.76331%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (2,680,322 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.47929%;">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 25.8876%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Effect of exchange rate changes on cash and cash equivalents in foreign currency </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 9.76331%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 9,066 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 10px; margin: 0px; text-indent: 0px; width: 1.77515%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 9.46746%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 30,871 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 10px; margin: 0px; text-indent: 0px; width: 1.77515%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 9.76331%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 10px; margin: 0px; text-indent: 0px; width: 1.77515%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 11.2426%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 10px; margin: 0px; text-indent: 0px; width: 1.47929%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 10px; margin: 0px; text-indent: 0px; width: 9.91124%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 30,871 </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 10px; margin: 0px; text-indent: 0px; width: 0.887574%;"><br/></td>
<td colspan="2" style="vertical-align: top; padding: 0px; border-bottom-width: 1px; height: 10px; margin: 0px; text-indent: 0px; width: 0.973095%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 9.76331%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (21,805 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 1.47929%;">)</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 25.8876%;">
<p style="margin: 2pt 0pt 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Increase (decrease) in cash and cash equivalents </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.76331%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,823,572 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.33136%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.77515%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.46746%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (741,005 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.33136%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.77515%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.76331%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 26,672 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.33136%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.77515%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 11.2426%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 59,842 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.47929%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 2.8pt double #000000; padding: 0px; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.91124%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (654,491 </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 2.8pt double #000000; padding: 0px; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 0.887574%;">)</td>
<td colspan="2" style="vertical-align: top; padding: 0px; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 0.973095%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.76331%;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,169,081 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.47929%;">)</td>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147279001592">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Principles of Consolidation and Investments in Subsidiaries (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
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</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory', window );">Investments in subsidiaries</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The consolidated </span><span style="font-family: 'Times New Roman';">financial </span><span style="font-family: 'Times New Roman';">statements</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">include the following direct and indirect subsidiaries:</span></span></p>
<p style="margin: 0pt; text-align: justify; font-family: 'Times New Roman'; font-size: 5pt;"><span style="font-family: 'Times New Roman'; font-size: 5pt;">&#160;</span></p>
<div style="border-left: none; border-right: none;">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 478px;" width="100%">
<tbody>
<tr style="height: 10px; background-color: #ffffff;">
<td colspan="2" style="vertical-align: bottom; background-color: #ffffff; height: 10px; width: 52.9352%; padding: 0px; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #ffffff; height: 10px; width: 7.99595%; padding: 0px; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #ffffff; height: 10px; width: 0.506073%; padding: 0px; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="11" style="border-bottom: 1px solid #000000; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 40.9317%; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> % interest in the share </span></p>
</td>
</tr>
<tr style="height: 10px;">
<td colspan="2" style="vertical-align: bottom; height: 10px; width: 52.9352%; padding: 0px; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 7.99595%; padding: 0px; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%; padding: 0px; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="3" style="border-bottom: 1px solid #000000; border-top: 1pt solid #000000; vertical-align: bottom; height: 10px; width: 12.9555%; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="border-top: 1pt solid #000000; vertical-align: bottom; height: 10px; width: 0.506073%; padding: 0px; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="3" style="border-bottom: 1px solid #000000; border-top: 1pt solid #000000; vertical-align: bottom; height: 10px; width: 13.4314%; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 0.506073%; padding: 0px; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="3" style="border-bottom: 1px solid #000000; vertical-align: top; height: 10px; width: 13.5326%; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2019 </span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #ffffff;">
<td style="vertical-align: bottom; background-color: #ffffff; height: 10px; width: 40.8907%; padding: 0px; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #ffffff; height: 10px; width: 12.0445%; padding: 0px; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #ffffff; height: 10px; width: 7.99595%; padding: 0px; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #ffffff; height: 10px; width: 0.506073%; padding: 0px; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="3" style="border-bottom: 1px solid #000000; border-top: 0.5pt solid #000000; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 12.9555%; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Control </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 0.506073%; padding: 0px; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="3" style="border-bottom: 1px solid #000000; border-top: 0.5pt solid #000000; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 13.4314%; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Control </span></p>
</td>
<td style="vertical-align: top; background-color: #ffffff; height: 10px; width: 0.506073%; padding: 0px; border-bottom-width: 1px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="3" style="vertical-align: top; background-color: #ffffff; height: 10px; width: 13.5326%; border-top: 1pt solid #000000; border-bottom: 1px solid #000000; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Control </span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: bottom; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Location </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Segment </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Direct </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Indirect </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Direct </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Indirect </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; vertical-align: top; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Direct </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; vertical-align: top; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; vertical-align: top; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Indirect </span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff; width: 40.8907%; height: 10px;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Ipiranga Produtos de Petr&#243;leo S.A. </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; width: 12.0445%; height: 10px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Brazil </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; width: 7.99595%; height: 10px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Ipiranga </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; width: 0.506073%; height: 10px;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; width: 5.97166%; height: 10px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; width: 1.01215%; height: 10px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; width: 5.97166%; height: 10px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; width: 0.506073%; height: 10px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; width: 5.97166%; height: 10px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 10px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; width: 5.97166%; height: 10px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; width: 0.506073%; height: 10px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; width: 5.97166%; height: 10px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; width: 1.4881%; height: 10px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; width: 6.07287%; height: 10px;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: bottom; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"> &#160;&#160;&#160;&#160; am/pm Comest&#237;veis Ltda. </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Brazil </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Ipiranga </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"> &#160;&#160;&#160;&#160; Icorban &#8211; Correspondente Banc&#225;rio Ltda. </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Brazil </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Ipiranga </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
</tr>
<tr style="height: 11px;">
<td style="vertical-align: bottom; height: 11px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"> &#160;&#160;&#160;&#160; Ipiranga Trading Limited </span></p>
</td>
<td style="vertical-align: bottom; height: 11px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> British Virgin Islands </span></p>
</td>
<td style="vertical-align: bottom; height: 11px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Ipiranga </span></p>
</td>
<td style="vertical-align: bottom; height: 11px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
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<td style="vertical-align: top; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"> &#160;&#160;&#160;&#160; Companhia Ultragaz S.A. </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Brazil </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Ultragaz </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 99 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 99 </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 99 </span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: bottom; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"> &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Ultragaz Comercial Ltda.</span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Brazil </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Ultragaz </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman';">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman';">Nova Paran&#225; Distribuidora de G&#225;s Ltda. </span><sup><sup><span style="font-family: 'Times New Roman'; vertical-align: super;">(1)</span></sup></sup></span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Brazil </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Ultragaz </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
</tr>
<tr style="height: 11px;">
<td style="vertical-align: bottom; height: 11px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman';">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman';">Uting&#225;s Armazenadora S.A.</span><sup><sup><span style="font-family: 'Times New Roman'; vertical-align: super;"> (2)</span></sup></sup></span></p>
</td>
<td style="vertical-align: bottom; height: 11px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Brazil </span></p>
</td>
<td style="vertical-align: bottom; height: 11px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Ultragaz </span></p>
</td>
<td style="vertical-align: bottom; height: 11px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 11px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; height: 11px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 11px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 57 </span></p>
</td>
<td style="vertical-align: bottom; height: 11px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 11px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; height: 11px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 11px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 57 </span></p>
</td>
<td style="vertical-align: top; height: 11px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 11px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: top; height: 11px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 11px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 57 </span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"> &#160;&#160;&#160;&#160; Bahiana Distribuidora de G&#225;s Ltda. </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Brazil </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Ultragaz </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: bottom; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"> &#160;&#160;&#160;&#160; LPG International Inc. </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Cayman Islands </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Ultragaz </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"> &#160;&#160;&#160;&#160; Imaven Im&#243;veis Ltda. </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Brazil </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Others </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: bottom; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman';">&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman';">Imifarma Produtos Farmac&#234;uticos e Cosm&#233;ticos S.A. </span><sup><sup><span style="font-family: 'Times New Roman'; vertical-align: super;">(3)</span></sup></sup><span style="font-family: 'Times New Roman';"> </span></span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Brazil </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Extrafarma </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: middle; background-color: #cceeff; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman';">&#160;&#160;&#160;&#160; </span><span style="font-family: 'Times New Roman';">UVC Investimentos Ltda.</span><sup><sup><span style="font-family: 'Times New Roman'; vertical-align: super;"> (4)</span></sup></sup></span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Brazil </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Others </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 99 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 99 </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: bottom; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman';">Centro de Conveni&#234;ncias Millennium Ltda. and subsidiaries</span><span style="font-family: 'Times New Roman';"> </span><sup><sup><span style="font-family: 'Times New Roman'; vertical-align: super;">(5)</span></sup></sup></span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Brazil </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Ipiranga </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
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<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman';">Oxiteno S.A. Ind&#250;stria e Com&#233;rcio </span><sup><sup><span style="font-family: 'Times New Roman'; vertical-align: super;">(6)</span></sup></sup></span></p>
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<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Brazil </span></p>
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<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Oxiteno </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
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<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
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<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
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<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
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<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
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<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
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<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
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<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
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<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
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<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
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<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
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<tr style="height: 10px;">
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<td style="vertical-align: bottom; height: 10px; width: 12.0445%;">
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<td style="vertical-align: bottom; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Oxiteno </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
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<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
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<td style="vertical-align: bottom; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
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<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
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<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
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<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
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<td style="vertical-align: bottom; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
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<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
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<td style="vertical-align: top; height: 10px; width: 0.506073%;">
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<td style="vertical-align: top; height: 10px; width: 5.97166%;">
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<td style="vertical-align: top; height: 10px; width: 1.4881%;">
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<td style="vertical-align: top; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
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<tr style="height: 10px; background-color: #cceeff;">
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<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Brazil </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
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<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;">
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<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
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<td style="vertical-align: bottom; height: 10px; width: 1.4881%;">
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<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
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<td style="vertical-align: top; height: 10px; width: 0.506073%;">
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<td style="vertical-align: top; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
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<td style="vertical-align: top; height: 10px; width: 1.4881%;">
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<td style="vertical-align: top; height: 10px; width: 6.07287%;">
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<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 99 </span></p>
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<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;">
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<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 99 </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 99 </span></p>
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</td>
<td style="vertical-align: bottom; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Ultracargo </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"> &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Tequimar Vila do Conde Log&#237;stica Portu&#225;ria S.A. </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Brazil </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Ultracargo </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: bottom; height: 10px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Ultrapar International S.A. </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Luxembourg </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Others </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
</tr>
<tr style="height: 12px; background-color: #cceeff;">
<td style="vertical-align: bottom; background-color: #cceeff; height: 12px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> SERMA &#8211; Ass. dos usu&#225;rios equip. proc. de dados </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 12px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Brazil </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 12px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Others </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 12px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 12px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 12px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 12px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 12px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 12px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 12px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 12px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 12px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 12px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 12px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 12px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
</tr>
<tr style="height: 20px;">
<td style="vertical-align: middle; height: 20px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman';">UVC &#8211; Fundo de investimento em participa&#231;&#245;es multiestrat&#233;gia investimento no exterior </span><sup><sup><span style="font-family: 'Times New Roman'; vertical-align: super;">(8)</span></sup></sup><span style="font-family: 'Times New Roman';"> </span></span></p>
</td>
<td style="vertical-align: bottom; height: 20px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Brazil </span></p>
</td>
<td style="vertical-align: bottom; height: 20px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Others </span></p>
</td>
<td style="vertical-align: bottom; height: 20px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 20px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
<td style="vertical-align: bottom; height: 20px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 20px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; height: 20px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 20px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
<td style="vertical-align: bottom; height: 20px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 20px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: top; height: 20px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 20px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: top; height: 20px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 20px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
</tr>
<tr style="height: 15px; background-color: #cceeff;">
<td style="vertical-align: middle; background-color: #cceeff; height: 15px; width: 40.8907%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman';">Ea&#237; Clube Automobilista S.A. </span><sup><sup><span style="font-family: 'Times New Roman'; vertical-align: super;">(9)</span></sup></sup></span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 15px; width: 12.0445%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Brazil </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 15px; width: 7.99595%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> Abastece a&#237; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 15px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 15px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 15px; width: 1.01215%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 15px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 15px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 15px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> 100 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 15px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 15px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 15px; width: 0.506073%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 15px; width: 5.97166%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 15px; width: 1.4881%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 15px; width: 6.07287%;">
<p style="margin: 2pt 0pt 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> - </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<div>

</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The percentages in the table above are rounded.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_VYMR02LWLC00000000000000000000b">
<table style="width: 96.0398%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt; height: 97px;">
<tbody>
<tr style="height: 17px;">
<td style="text-align: justify; height: 17px; width: 3%; vertical-align: top;" valign="top">(1)</td>
<td style="text-align: justify; height: 17px; width: 97%; vertical-align: top;" valign="top"><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Non-operating company in closing phase.</span></td>
</tr>
<tr style="height: 10px;">
<td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(2)</span></td>
<td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"><span style="font-size: 10pt;"><span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">In October 2020 there was a change in the share capital of the company&#160;</span>Uting&#225;s<span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">, which became controlled by&#160;</span>Companhia<span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;</span>Ultragaz<span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;S.A. (&#8220;</span>Cia<span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;</span>Ultragaz<span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#8221;).</span></span></td>
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<td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(3)</span></td>
<td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"><span style="font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">On May 18, 2021 the Company announced the signing of an agreement for the sale of all shares of&#160;Extrafarma&#160;to&#160;Pague&#160;Menos. As of December 31, 2021, the Company reclassified the subsidiary's balances to &#8220;assets and liabilities held for sale&#8221;. For more details, see note <span style="border-left: none; border-right: none;">3</span>.</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">c<span style="border-left: none; border-right: none;">.1</span></span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">.</span></span></td>
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<td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(4)</span></td>
<td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"><span style="letter-spacing: 0px; font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 0px; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Subsidiary set up in January 2020 to provide valuation, business management and financial advisory services to UVC -&#160;Fundo&#160;de&#160;investimento&#160;em&#160;participa&#231;&#245;es&#160;multiestrat&#233;gia&#160;investimento&#160;no exterior&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">(&#8220;UVC &#8211;&#160;Fundo&#160;de&#160;investimento&#8221;)</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">. In September 2020 the Company&#8217;s name was changed to UVC&#160;Investimentos&#160;Ltda&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">(&#8220;UVC&#160;Investimentos&#8221;)</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">.</span></span></td>
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<td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(5)</span></td>
<td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">In May 2020 there was a change in the interest of the capital of the subsidiary Millennium which became a direct subsidiary of the Company.</span></td>
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<td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(6)</span></td>
<td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"><span style="font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">On August 16, 2021, the Company announced the signing of agreement for the sale of its interest in&#160;Oxiteno&#160;S.A. to&#160;Indorama. As of December 31, 2021, the Company reclassified the subsidiary's balances to &#8220;assets and liabilities held for sale&#8221;. For more details, see Note <span style="border-left: none; border-right: none;">3</span>.c</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">.1</span></span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">.</span></span></td>
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<td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(7)</span><br/></td>
<td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"><span style="font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">In April 2021 the name of subsidiary&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Terminal&#160;Qu&#237;mico&#160;de&#160;Aratu&#160;S.A &#8211;&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Tequimar&#160;was changed to&#160;Ultracargo&#160;Log&#237;stica&#160;S.A. (</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#8220;Ultracargo&#160;Log&#237;stica&#8221;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">).</span></span></td>
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<td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(8)</span></td>
<td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Fund set up on January 2020, the UVC has the purpose to monetize the resources of its shareholders through investment in promising companies in business segments that are complementary to the Company's businesses, with additional benefits such as of startups and new technologies.</span></td>
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<td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(9)</span></td>
<td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"><span style="font-size: 10pt;"><span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Subsidiary set up in July 2020, focused on digital payments and electronic retail, combining the &#8220;</span>abastece<span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;a&#237;&#8221; app and the &#8220;Km de&#160;</span>Vantagens<span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#8221; program.</span></span><br/></td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of subsidiaries. [Refer: Subsidiaries [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2021-01-01<br> -Paragraph 17<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_17_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2021-01-01<br> -Paragraph 16<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_16_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B4<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B4_a&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br></p></div>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147282669512">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Cash and Cash Equivalents and Financial Investments (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfCashAndCashEquivalentsAndFinancialInvestmentsAndHedgeDerivativeFinancialInstrumentsAbstract', window );"><strong>Disclosure of Cash and Cash Equivalents and Financial Investments and Hedge Derivative Financial Instruments [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory', window );">Cash and cash equivalents</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Cash and cash equivalents </span><span style="font-family: 'Times New Roman';">of the Company and its subsidiaries are </span><span style="font-family: 'Times New Roman';">presented</span><span style="font-family: 'Times New Roman';"> as follows:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_AWUV4DE06O00000000000000000000b">
<table cellpadding="0" style="height: 163px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Cash and bank deposits </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 73%;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> In local currency </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 317,907 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 285,306 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> In foreign currency </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 16,640 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 119,775 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial investments considered cash equivalents </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> In local currency </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 20pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.75pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fixed-income securities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,943,164 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,241,852 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> In foreign currency </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 20pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.75pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fixed-income securities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,363 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 14,561 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total cash and cash equivalents&#160;</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,280,074 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,661,494 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ScheduleOfFinancialInvestmentsAndHedgeDerivativeFinancialInstrumentsTableTextBlock', window );">Financial investments</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The financial investments</span><span style="font-family: 'Times New Roman';"> which are not classified as cash and cash equivalents</span><span style="font-family: 'Times New Roman';"> are </span><span style="font-family: 'Times New Roman';">presented</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as follows:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_LBWUI67GCW00000000000000000000b">
<table cellpadding="0" style="height: 172px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial investments </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> In local currency </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 73%;">
<p style="margin: 0pt 0pt 0pt 20pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.75pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fixed-income securities and funds </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,607,608 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,749,852 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> In foreign currency </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 20pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.75pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fixed-income securities and funds </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 103,239 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,278,940 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Currency and interest rate hedging instruments (a) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 472,552 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 981,874 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total financial investments </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,183,399 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 6,010,666 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,804,122 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 5,033,258 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Non-current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 379,277 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 977,408 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(a) Accumulated gains, net of income tax (see Note 33.i).</span></p>
<span></span>
</td>
</tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of cash and cash equivalents. [Refer: Cash and cash equivalents]</p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of  financial investments and hedge derivative financial instruments.</p></div>
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Trade Receivables and Reseller Financing (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The </span><span style="font-family: 'Times New Roman';">composition</span><span style="font-family: 'Times New Roman';"> of t</span><span style="font-family: 'Times New Roman';">rade receivables </span><span style="font-family: 'Times New Roman';">is</span><span style="font-family: 'Times New Roman';"> as follows:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_TIEJ424GCG00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 155px;" width="100%">
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<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 73%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Domestic customers </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; width: 2%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,805,756 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,443,641 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Domestic customers &#8211; related parties (see Note 9.a) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 57 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 151 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Foreign customers </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,137 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 326,442 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Foreign customers &#8211; related parties (see Note 9.a) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 4,400 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,984 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (-) Loss allowance for expected credit losses </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (374,355 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (382,096 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,438,995 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,391,122 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Current </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,375,246 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,318,927 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Non-current </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 63,749 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 72,195 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
</tbody>
</table>

</div>
<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfTradeReceivablesBreakdownExplanatory', window );">Trade receivables breakdown</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The breakdown of trade receivables, gross</span><span style="font-family: 'Times New Roman';"> of </span><span style="font-family: 'Times New Roman';">loss allowance for expected credit losses</span><span style="font-family: 'Times New Roman';">, is as follows:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_B289WFEEFK00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 61px;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td colspan="13" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Past due </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Current </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> less than 30 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 31-60 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 61-90 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 91-180 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> more than 180 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 17%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 10%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,813,350 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 10%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,131,528 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 10%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 90,024 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 10%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 33,255 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 10%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 24,804 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 10%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 23,903 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 10%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 509,836 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,773,218 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,963,163 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 124,606 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 27,970 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 21,389 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 47,169 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 588,921 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfBreakdownOfAllowanceForExpectedCreditLossesOnDoubtfulAccountsExplanatoryTextBlock', window );">Disclosure Of Breakdown Of Allowance For Expected Credit Losses On Doubtful Accounts Explanatory [Text Block]</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The breakdown of </span><span style="font-family: 'Times New Roman';">loss allowance for expected credit losses</span><span style="font-family: 'Times New Roman';">, is as follows:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_XVGJSX1W5C00000000000000000000b">
<table cellpadding="0" style="height: 61px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td colspan="13" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Past due </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Current </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> less than 30 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 31-60 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 61-90 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 91-180 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> more than 180 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 374,355 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 21,962 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,595 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,049 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,761 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 14,926 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 330,062 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 382,096 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 21,219 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,154 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,751 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,233 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 13,378 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 341,361 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_TradeReceivablesMember', window );">Trade receivables [member] | IFRS 9 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsLineItems', window );"><strong>Disclosure of financial assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory', window );">Summary of Movements in the allowance for loss allowance for expected credit losses</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Movements in the allowance for </span><span style="font-family: 'Times New Roman';">loss allowance for expected credit losses</span><span style="font-family: 'Times New Roman';"> are as follows:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_GRRB0451C000000000000000000000b">
<table cellpadding="0" style="height: 170px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 82%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2019 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 2%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 15%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 404,886 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Additions </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 194,220 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Reversals </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (203,994 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Write-offs </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (13,016 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 382,096 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Additions </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 177,872 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Reversals </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (150,160 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Write-offs </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (18,646 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Reclassification to assets held for sale </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (16,807 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 374,355 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=ugp_ResellerFinancingIpirangaMember', window );">Reseller Financing Ipiranga [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsLineItems', window );"><strong>Disclosure of financial assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfResellerFinancingCompositionExplanatory', window );">Composition of reseller financing</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The composition of reseller financing is as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_XATUVL3YN400000000000000000000b">
<table cellpadding="0" style="height: 102px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 70%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-size: 10pt;"> Reseller financing &#8211; Ipiranga </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 2%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,183,312 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,165,395 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (-) Loss allowance for expected credit losses </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (185,278 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (197,011 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 998,034 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 968,384 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Current </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 582,562 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 549,129 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Non-current </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 415,472 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 419,255 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
</tbody>
</table>
</div>
<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfBreakdownOfResellerFinancingGrossOfExpectedLossesOnDoubtfulAccountsExplanatoryTextBlock', window );">Disclosure Of Breakdown Of Reseller Financing Gross Of Expected Losses On Doubtful Accounts Explanatory [Text Block]</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The breakdown of </span><span style="font-family: 'Times New Roman';">reseller financing</span><span style="font-family: 'Times New Roman';">, gross of </span><span style="font-family: 'Times New Roman';">loss allowance for expected credit losses</span><span style="font-family: 'Times New Roman';">, is as follows:&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_UX7488B7XC00000000000000000000b">
<table cellpadding="0" style="height: 84px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td colspan="13" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Past due </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;"><br/></td>
</tr>
<tr style="height: 33px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Current </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> less than 30 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 31-60 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 61-90 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 91-180 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> more than 180 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 17%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,183,312 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 770,008 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 19,260 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 24,290 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 14,373 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 26,685 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 328,696 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,165,395 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 787,904 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 10,230 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 15,237 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 21,200 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 28,989 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 301,835 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
</tr>
</tbody>
</table>
</div>
<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfBreakdownOfAllowanceForExpectedCreditLossesOnDoubtfulAccountsExplanatoryTextBlock', window );">Disclosure Of Breakdown Of Allowance For Expected Credit Losses On Doubtful Accounts Explanatory [Text Block]</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The breakdown of </span><span style="font-family: 'Times New Roman';">loss allowance for expected credit losses</span><span style="font-family: 'Times New Roman';">, is as follows:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_8SIV5NEDDS00000000000000000000b">
<table cellpadding="0" style="height: 85px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.9576%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td colspan="13" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 57.9385%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Past due </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 1.08063%;"><br/></td>
</tr>
<tr style="height: 34px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 16.9576%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 0.997506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; border-bottom: 1px solid #000000; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Current </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; border-bottom: 1px solid #000000; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; border-bottom: 1px solid #000000; width: 10.0582%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> less than 30 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; border-bottom: 1px solid #000000; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; border-bottom: 1px solid #000000; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 31-60 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; border-bottom: 1px solid #000000; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; border-bottom: 1px solid #000000; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 61-90 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; border-bottom: 1px solid #000000; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 91-180 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; border-bottom: 1px solid #000000; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> more than 180 days </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; width: 1.08063%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.9576%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 185,278 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,514 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0582%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 6,410 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 8,697 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 6,255 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 9,892 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 152,510 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 1.08063%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.9576%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 197,011 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 22,872 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0582%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 785 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,812 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,397 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 14,684 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 154,461 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.08063%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory', window );">Summary of Movements in the allowance for loss allowance for expected credit losses</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Movements in the allowance for </span><span style="font-family: 'Times New Roman';">loss allowance for expected credit losses</span><span style="font-family: 'Times New Roman';"> are as follows:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_GMRS6XF76O00000000000000000000b">
<table cellpadding="0" style="height: 154px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 82%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2019 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 2%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 15%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 156,006 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Additions </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 74,745 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Reversals </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (29,791 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Write-offs </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (3,949) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 197,011 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Additions </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 65,536 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Reversals </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (68,982 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Write-offs </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (8,287 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 185,278 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<span></span>
</td>
</tr>
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<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of detailed information about financial instruments. [Refer: Financial instruments, class [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 31<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_31&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 7<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 35K<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_35K&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory</td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of breakdown of allowance for expected credit losses on doubtful accounts.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of breakdown of reseller financing, gross of expected losses on doubtful accounts.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of reseller financing composition.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of trade receivables breakdown.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of trade receivables composition.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147277303832">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Inventories (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
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<td class="text">&#160;<span></span>
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<p style="margin: 4pt 0 0 0; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The composition of i</span><span style="font-family: 'Times New Roman';">nventories </span><span style="font-family: 'Times New Roman';">is</span><span style="font-family: 'Times New Roman';"> as follows:</span></span></p>
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
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<td colspan="7" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="7" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"><br/></td>
</tr>
<tr style="height: 33px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Provision for losses </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Net balance </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Provision for losses </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Net balance </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 29%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-size: 10pt;"> Fuels, lubricants and greases </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,042,932 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (4,871 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,038,061 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,682,841 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (5,344 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,677,497 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Finished goods </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 646,180 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (22,281 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 623,899 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Work in process </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,450 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,450 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Raw materials </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 293,242 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 293,242 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 568,185 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,827 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 566,358 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Liquefied petroleum gas (LPG) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 151,831 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (5,761 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 146,070 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 110,767 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (5,761 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 105,006 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 33px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Consumable materials and other items for resale </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 117,150 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,875 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 115,275 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 129,559 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (2,598 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 126,961 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px;"><br/></td>
</tr>
<tr style="height: 33px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Pharmaceutical, hygiene, and beauty products </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 521,689 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (2,611 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 519,078 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Purchase for future delivery </span><span style="font-size: 8pt;"><sup><span style="font-family: 'Times New Roman'; vertical-align: super;">(1)</span></sup></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 302,456 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (464 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 301,992 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 198,986 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (464 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 198,522 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Properties for resale </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 24,239 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (107 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 24,132 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 27,532 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (107 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 27,425 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt;"> 3,931,850 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (13,078 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt;"> 3,918,772 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,887,189 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (40,993 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,846,196 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt;"><sup><span style="font-family: 'Times New Roman'; vertical-align: super;">(1)</span></sup><span style="font-family: 'Times New Roman';"> Refers </span><span style="font-family: 'Times New Roman';">substantially </span><span style="font-family: 'Times New Roman';">to </span><span style="font-family: 'Times New Roman';">ethanol, biodiesel</span><span style="font-family: 'Times New Roman';"> and advances for fuel acquisition.</span></span></p>
<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfProvisionForLossesExplanatory', window );">Movements in the provision for losses</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Movements in the provision for losses are as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_OU6B19VBYO00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 84%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2018 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 15%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 42,587 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0395%;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 84%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Reversals to net realizable value adjustment </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 15%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (5,174 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.0395%;">)</td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 84%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-size: 10pt;"> Additions of obsolescence and other losses </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 15%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 4,296 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0395%;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 84%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-size: 10pt;"> Oxiteno Andina (i) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; width: 15%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (985 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.0395%;">)</td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 84%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2019 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 15%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 40,724 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0395%;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 84%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-size: 10pt;"> Additions to net realizable value adjustment </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 15%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,245 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.0395%;"><br/></td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 84%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-size: 10pt;"> Reversals of obsolescence and other losses </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; width: 15%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,976 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0395%;">)</td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 84%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 15%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 40,993 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.0395%;"><br/></td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 84%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-size: 10pt;"> Additions to net realizable value adjustment </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 15%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 5,974 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0395%;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 84%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-size: 10pt;"> Reversals of obsolescence and other losses </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 15%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (5,184 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.0395%;">)</td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 84%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Reclassification to assets held for sale </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 15%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (28,705 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0395%;">)</td>
</tr>
<tr style="height: 13.5pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 84%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; width: 15%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 13,078 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.0395%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt;"><sup><span style="font-family: 'Times New Roman'; vertical-align: super;">(ii)</span></sup><span style="font-family: 'Times New Roman';"> Refers to the asset write-offs of Oxiteno Andina in 2019</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfInventoriesProvisionForLossesExplanatory', window );">Breakdown of provisions for losses related to inventories</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The breakdown of provisions for losses related to inventories is shown in the table below:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_J6KSCFX6O000000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 85%; margin-left: auto; margin-right: auto;" width="85%">
<tbody>
<tr style="height: 12.75pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;"><br/></td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 73%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net realizable value adjustment </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 8,269 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 17,488 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Obsolescence and other losses </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 4,809 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 23,505 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;"><br/></td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 13,078 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 40,993 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000;"><br/></td>
</tr>
</tbody>
</table>
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<span></span>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of inventories composition.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147279096456">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Taxes to Recover (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Recoverable taxes are substantially represented by credits of Tax on Goods and Services (&#8220;ICMS&#8221;, the Brazilian VAT), Contribution for Social Security Financing (&#8220;COFINS&#8221;) and Social Integration Program (&#8220;PIS&#8221;).</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_170CBEDMNK00000000000000000000b">
<table cellpadding="0" style="height: 129px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
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<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 73%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> ICMS (a.1) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 893,206 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,129,325 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> PIS and COFINS (a.2) (a.3) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,177,513 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,297,029 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Value-added tax (IVA) of foreign subsidiaries </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 179 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 35,600 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 37,127 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 57,704 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,108,025 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,519,658 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,061,227 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,044,850 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Non-current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,046,798 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,474,808 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
</tbody>
</table>
</div>
<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesExplanatory', window );">Summary of Recoverable Income Tax and Social Contribution Taxes</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Relates to IRPJ and CSLL to be recovered by the Company and its subsidiaries, arising from the tax advances of previous years, as well as referring to lawsuits the non-incidence of IRPJ and CSLL on the monetary variation (SELIC) in the repetition of undue payments (see note 10.e), with management estimating the realization of these credits within up to 5&#160;</span><span style="font-family: 'Times New Roman'; font-size: 11pt;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">years.</span>&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;"><br/></span></p>
<div id="t_ft_XIQ4X4I17400000000000000000000b">
<table cellpadding="0" style="height: 47px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.869%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0582%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.0395%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.0395%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9543%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.0395%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 72.869%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> IRPJ and CSLL </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12.0582%; border-bottom: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 447,191 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.0395%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.0395%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9543%; border-bottom: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 627,285 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.0395%; border-bottom: 1pt solid #000000; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 72.869%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12.0582%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 291,833 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.0395%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.0395%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9543%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 366,080 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.0395%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 72.869%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Non-current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12.0582%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 155,358 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.0395%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.0395%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 11.9543%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 261,205 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.0395%;"><br/></td>
</tr>
</tbody>
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</div>
<span></span>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of recoverable income tax and social contribution taxes.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of recoverable taxes.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147279193000">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Related Parties (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract', window );"><strong>Disclosure of transactions between related parties [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory', window );">Subsidiaries and Other Related Parties</a></td>
<td class="text">
<div>
<div style="border-left: none; border-right: none;">
<div id="t_ft_0RO1NZ8JQO00000000000000000000b">
<table cellpadding="0" style="height: 64px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.4638%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td colspan="4" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 26.294%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Loans </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.0352%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.4638%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9048%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Assets </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.0352%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.44928%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9048%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Liabilities </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; width: 1.0352%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 72.4638%; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Qu&#237;mica da Bahia Ind&#250;stria e Com&#233;rcio S.A.&#160;<span style="font-size: 8pt;"><sup>(1)</sup></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.9048%; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.0352%; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.44928%; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.9048%; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,875 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.0352%; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 72.4638%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Others&#160;<span style="font-size: 8pt;"><sup>(1)</sup></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9048%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 490 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.0352%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.44928%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9048%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 659 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.0352%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 72.4638%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total as of December 31, 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 11.9048%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 490 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.0352%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.44928%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 11.9048%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,534 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 1.0352%;"><br/></td>
</tr>
</tbody>
</table>
</div>
</div>
<p style="font-size: 11pt; line-height: 115%; margin: 2pt 0pt 10pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;"> </span><br/></p>
<div id="t_ft_DPJIPRJABK00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 12.75pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 72.4532%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td colspan="4" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 26.4034%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Loans </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.0395%;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding: 0px; vertical-align: bottom; width: 72.4532%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 11.9543%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Assets </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.0395%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.4553%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 11.9543%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Liabilities </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; width: 1.0395%;"><br/></td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 72.4532%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Qu&#237;mica da Bahia Ind&#250;stria e Com&#233;rcio S.A. <span style="font-size: 8pt;"><sup>(1)</sup></span>&#160;</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.9543%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0395%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4553%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.9543%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,875 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0395%;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding: 0px; vertical-align: bottom; width: 72.4532%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Routeasy Servi&#231;os de Assessoria Log&#237;stica Ltda.<span style="font-size: 8pt;"><sup>(2)</sup></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.9543%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,334 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.0395%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4553%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.9543%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.0395%;"><br/></td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 72.4532%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Others <span style="font-size: 8pt;"><sup>(1)</sup></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.9543%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 490 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0395%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4553%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.9543%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 836 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0395%;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding: 0px; vertical-align: bottom; width: 72.4532%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total as of December 31, 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9543%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,824 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.0395%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4553%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9543%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,711 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 1.0395%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;"> </span><br/></p>
<div id="t_ft_D92OMHVSJK00000000000000000000b">
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td style="width: 1%; vertical-align: top;" valign="top"><sup><sup><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; vertical-align: super;">(1)</span></sup></sup></td>
<td style="width: 99%; vertical-align: top;" valign="top">
<div style="border-right: none; border-left: none;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Loans contracted have indefinite terms and do not contain remuneration clauses.</span></div>
</td>
</tr>
<tr>
<td style="vertical-align: top;" valign="top"><sup><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(2)</span></sup></td>
<td style="vertical-align: top;" valign="top">
<div style="border-right: none; border-left: none;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">The loan contracted ha</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">s</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"> a term of 36 months</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">,</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"> can be extended by mutual agreement between the parties</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">,</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"> being remunerated by the DI plus 3% p.a.</span></span></div>
</td>
</tr>
</tbody>
</table>
</div>

</div>
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;"> </span><br/></p>
<div id="t_ft_MKV3FX7XWW00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 5.3px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 208px;" width="100%">
<tbody>
<tr style="height: 10px;">
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 44.8684%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: impact, chicago; font-size: 9pt;"> &#160;&#160; </span></p>
</td>
<td colspan="10" style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; width: 53.7608%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Commercial transactions </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; width: 1.31579%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 44.8684%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9737%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Receivables </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.921053%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.05263%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9737%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Payables </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.921053%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.921053%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12.14%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Sales and services </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.831255%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.921053%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12.1053%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Purchases </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; width: 44.8684%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Refinaria de Petr&#243;leo Riograndense S.A. </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.9737%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.921053%; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.05263%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.9737%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 90,761 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.921053%; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.921053%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 12.14%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.831255%; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.921053%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 12.1053%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 619,785 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.31579%; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 44.8684%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Uni&#227;o Vopak Armaz&#233;ns Gerais Ltda. </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 57 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.05263%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.14%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,402 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.831255%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.1053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 44.8684%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron (Thailand) Limited </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 204 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.05263%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.14%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 675 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.831255%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.1053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,072 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 44.8684%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Lubricants Lanka PLC </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.05263%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.14%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 164 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.831255%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.1053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 44.8684%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Lubricants Oils S.A. </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 319 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.05263%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.14%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 786 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.831255%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.1053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 44.8684%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Marine Products </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,663 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.05263%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.14%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 24,583 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.831255%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.1053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 44.8684%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Chevron Oronite Brasil LTDA. </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.05263%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 53,378 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.14%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 78 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.831255%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.1053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 150,878 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 44.8684%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Products Company </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.05263%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 158,557 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.14%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.831255%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.1053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 789,452 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 44.8684%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Belgium NV </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.05263%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 821 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.14%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.831255%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.1053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 7,520 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 44.8684%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Chevron Petroleum CO Colombia&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 214 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.05263%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.14%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 392 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.831255%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.1053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 44.8684%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total as of December 31, 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; background-color: #cceeff; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 4,457 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.05263%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; background-color: #cceeff; width: 11.9737%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 303,517 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.921053%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; background-color: #cceeff; width: 12.14%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 28,080 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.831255%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.921053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; background-color: #cceeff; width: 12.1053%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,568,707 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; background-color: #cceeff; width: 1.31579%;"><br/></td>
</tr>
</tbody>
</table>
</div>

<p style="text-align: justify;"><br/></p>
<div id="t_ft_NUXZGNA5TS00000000000000000000b">
<table cellpadding="0" style="height: 282px; border-collapse: collapse; margin-left: 5.3px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 24.2105%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td colspan="19" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 75.4633%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Commercial transactions </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 1.18421%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 24.2105%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Receivables </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.31579%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 7.36842%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">Right-of-use </span><span style="font-weight: bold;">assets <span style="font-size: 8pt;"><sup>(1)</sup></span></span></span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.66208%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 8.02632%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Payables </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.31062%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">Leases </span><span style="font-weight: bold;">payable <span style="font-size: 8pt;"><sup><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(1)</span></sup></span></span></span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Sales and services </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.31579%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 8.68421%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Purchases </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 8.15789%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Expenses </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.18421%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 24.2105%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Oxicap Ind&#250;stria de Gases Ltda. </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.36842%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.66208%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.02632%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,772 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31062%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 471 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.68421%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 19,077 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.15789%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.18421%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 24.2105%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Refinaria de Petr&#243;leo Riograndense S.A. </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.36842%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.66208%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.02632%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 65,215 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31062%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.68421%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 314,587 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.15789%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.18421%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 24.2105%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> ConectCar Solu&#231;&#245;es de Mobilidade Eletr&#244;nica S.A. </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 151 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.15789%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.18421%;"><br/></td>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 24.2105%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Lubricants Lanka PLC </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3 </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
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<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.36842%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.66208%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.02632%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31062%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.68421%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.15789%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.18421%;"><br/></td>
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<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 24.2105%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Lubricants Oils S.A. </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 823 </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.36842%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.66208%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.02632%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31062%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.68421%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.15789%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.18421%;"><br/></td>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 24.2105%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Marine Products </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,873 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.36842%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.66208%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.02632%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31062%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.68421%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.15789%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.18421%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 24.2105%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Oronite Brasil LTDA. </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.36842%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.66208%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.02632%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 37,482 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31062%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.68421%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 108,198 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.15789%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.18421%;"><br/></td>
</tr>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 24.2105%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Products Company </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.36842%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.66208%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.02632%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 87,754 </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31062%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.68421%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 247,578 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.15789%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.18421%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 24.2105%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Belgium NV </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.36842%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.66208%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.02632%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 785 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31062%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.68421%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 6,707 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.15789%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.18421%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 24.2105%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Petroleum CO Colombia </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.36842%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.66208%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.02632%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31062%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.68421%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.15789%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.18421%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 24.2105%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total as of December 31, 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; border-top: 1pt solid #000000; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,135 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 7.36842%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 8,635 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.66208%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 8.02632%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 193,124 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31062%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 8,044 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 7.63158%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,533 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 8.68421%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 697,060 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 8.15789%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,613 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 1.18421%;"><br/></td>
</tr>
</tbody>
</table>
</div>

<p style="margin: 0in 0in 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; background-color: #ffffff; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', 'serif';"><br/></p>
<div id="t_ft_7B2T9ST2JK00000000000000000000b">
<table cellpadding="0" style="height: 286px; border-collapse: collapse; margin-left: 5.3px; font-family: 'times new roman'; font-size: 10pt; width: 100%; float: left;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 23.8935%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td colspan="15" style="vertical-align: bottom; padding: 0px; border-bottom: 1pt solid #000000; height: 17px; width: 76.7819%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Commercial transactions </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; border-bottom: 1pt solid #000000; height: 17px; width: 1.45985%;"><br/></td>
</tr>
<tr style="height: 14px;">
<td style="padding: 0px; vertical-align: bottom; height: 14px; width: 23.8935%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 14px; width: 12.3653%;"><span style="font-weight: bold; font-size: 8pt;">Receivables <sup>(1)</sup></span></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 14px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 10.2987%; height: 14px;"><span style="font-weight: bold; font-size: 8pt;">Payables <sup>(1)</sup></span></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.887156%; height: 14px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.81523%; height: 14px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 8.6191%; height: 14px;"><span style="font-weight: bold; font-size: 8pt;">Other payables</span></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 14px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.84292%; height: 14px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 14px; width: 10.4812%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Sales and services </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 14px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 14px; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 14px; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Purchases </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 14px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 14px; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 14px; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Expenses </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 14px; width: 1.45985%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 23.8935%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Oxicap Ind&#250;stria de Gases Ltda. </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12.3653%; height: 17px; text-align: right;">-</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10.2987%; height: 17px; text-align: right;">1,545</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.887156%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.81523%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.6191%; height: 17px; text-align: right;">-</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.84292%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.4812%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 18,565 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.45985%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 23.8935%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Refinaria de Petr&#243;leo Riograndense S.A. </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.3653%; text-align: right;">-</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 10.2987%; height: 17px; text-align: right;">264,602</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.887156%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.81523%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 8.6191%; height: 17px; text-align: right;">-</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.84292%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.4812%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,019,108 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45985%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 23.8935%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> ConectCar Solu&#231;&#245;es de Mobilidade Eletr&#244;nica S.A. </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12.3653%; text-align: right;">739</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10.2987%; height: 17px; text-align: right;">113</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.887156%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.81523%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.6191%; height: 17px; text-align: right;">-</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.84292%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.4812%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 7,385 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 121 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.45985%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 23.8935%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> LA&#8217;7 Participa&#231;&#245;es e Empreend. Imob. Ltda. (a) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.3653%; text-align: right;">-</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 10.2987%; height: 17px; text-align: right;">124</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.887156%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.81523%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 8.6191%; height: 17px; text-align: right;">-</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.84292%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.4812%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,477 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45985%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 23.8935%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron (Thailand) Limited </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12.3653%; text-align: right;">1,333</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10.2987%; height: 17px; text-align: right;">5,177</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.887156%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.81523%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.6191%; height: 17px; text-align: right;">-</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.84292%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.4812%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 90,912 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.45985%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 23.8935%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Brasil Oleos Basicos LTDA </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.3653%; text-align: right;">-</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 10.2987%; height: 17px; text-align: right;">-</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.887156%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.81523%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 8.6191%; height: 17px; text-align: right;">6</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.84292%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.4812%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 6,336 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45985%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 23.8935%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Latin America Marketing LLC </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12.3653%; text-align: right;">86</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10.2987%; height: 17px; text-align: right;">6</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.887156%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.81523%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.6191%; height: 17px; text-align: right;">-</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.84292%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.4812%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 13 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 506 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.45985%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 23.8935%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Lubricants Lanka PLC </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.3653%; text-align: right;">-</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 10.2987%; height: 17px; text-align: right;">-</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.887156%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.81523%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 8.6191%; height: 17px; text-align: right;">285</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.84292%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.4812%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45985%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 23.8935%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Lubricants Oils S.A. </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12.3653%; text-align: right;">58</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10.2987%; height: 17px; text-align: right;">-</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.887156%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.81523%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.6191%; height: 17px; text-align: right;">-</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.84292%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.4812%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 42 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.45985%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 23.8935%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Marine Products </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.3653%; text-align: right;">506</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 10.2987%; height: 17px; text-align: right;">-</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.887156%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.81523%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 8.6191%; height: 17px; text-align: right;">-</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.84292%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.4812%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 104 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45985%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 23.8935%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Oronite Brasil LTDA. </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12.3653%; text-align: right;">1,193</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10.2987%; height: 17px; text-align: right;">-</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.887156%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.81523%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.6191%; height: 17px; text-align: right;">-</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.84292%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.4812%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 345 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.45985%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 23.8935%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Products Company </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.3653%; text-align: right;">-</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 10.2987%; height: 17px; text-align: right;">16,302</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.887156%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.81523%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 8.6191%; height: 17px; text-align: right;">-</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.84292%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.4812%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 212,915 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45985%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 23.8935%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Belgium NV </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12.3653%; text-align: right;">-</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10.2987%; height: 17px; text-align: right;">2,119</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.887156%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.81523%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.6191%; height: 17px; text-align: right;">-</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.84292%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.4812%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 15,019 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.45985%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 23.8935%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Chevron Petroleum CO Colombia </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.3653%; text-align: right;">-</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 10.2987%; height: 17px; text-align: right;">-</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.887156%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.81523%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 8.6191%; height: 17px; text-align: right;">7</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.84292%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.4812%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 30 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45985%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 23.8935%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total as of December 31, 2019 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12.3653%; border-bottom: 2.8pt double #000000; border-top: 1pt solid #000000; text-align: right;">3,915</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10.2987%; height: 17px; border-bottom: 2.8pt double #000000; border-top: 1pt solid #000000; text-align: right;">289,988</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.887156%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.81523%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.6191%; height: 17px; border-bottom: 2.8pt double #000000; border-top: 1pt solid #000000; text-align: right;">298</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.84292%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 10.4812%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 7,920 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,363,482 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 12.0053%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,477 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 17px; width: 1.45985%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;"> </span><br/></p>
<div style="border-left: none; border-right: none;">
<div id="t_ft_WHFLKDPOLC00000000000000000000b">
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td style="width: 1%; vertical-align: top;" valign="top"><sup><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(1)</span></sup></td>
<td style="width: 99%; padding: 0px 0px 15px;">
<div style="border-right: none; border-left: none;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Included in &#8220;right-of-use assets&#8221; and &#8220;leases payable&#8221;, respectively.</span></div>
</td>
</tr>
</tbody>
</table>
</div>
</div>
<div style="border-left: none; border-right: none;">
<div id="t_ft_0SV441QBXC00000000000000000000b">
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td style="width: 1%; vertical-align: top;" valign="top"><sup><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(a)</span></sup></td>
<td style="width: 99%; padding: 0px 0px 10px;">
<div style="border-right: none; border-left: none;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Refers to rental contracts of 15 drugstores owned by LA&#8217;7 as of December 31, 2020, a company of the former shareholders of </span>Extrafarma<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"> that are current shareholders of </span>Ultrapar<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">.</span></span></div>
</td>
</tr>
</tbody>
</table>
</div>
</div>
</div>
<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfCompensationForKeyExecutivesTableTextBlock', window );">Expenses for Compensation of its Key Executives</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The expenses for compensation of its key executives (Company&#8217;s directors and executive officers) as shown below:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;"> </span><br/></p>
<div id="t_ft_1WPA2PEGBK00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto; height: 103px;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 58.8563%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.1339%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97629%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97629%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9944%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.08285%;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 1.28814%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 17px; width: 11.9944%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 2019 </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 17px; width: 0.97629%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; width: 58.8563%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Short-term compensation </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 12.1339%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 47,003 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.97629%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.97629%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.9944%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 47,936 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.08285%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; width: 1.28814%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; width: 11.9944%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 41,659 </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; width: 0.97629%; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 58.8563%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Stock compensation </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.1339%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 15,778 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97629%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97629%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9944%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 4,786 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.08285%;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 1.28814%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 17px; width: 11.9944%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 9,881 </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 17px; width: 0.97629%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 58.8563%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Post-employment benefits </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12.1339%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,737 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.97629%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.97629%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 11.9944%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,866 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.08285%;"><br/></td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px; width: 1.28814%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; background-color: #cceeff; height: 17px; width: 11.9944%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,640 </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; background-color: #cceeff; height: 17px; width: 0.97629%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 58.8563%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Termination benefits </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.1339%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 5,637 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97629%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97629%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9944%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.08285%;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 1.28814%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 17px; width: 11.9944%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 17px; width: 0.97629%;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 58.8563%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 12.1339%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 71,155 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 0.97629%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 0.97629%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 11.9944%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 55,588 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.08285%;"><br/></td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 18px; width: 1.28814%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 11.9944%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 54,180 </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 0.97629%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ScheduleOfDeferredStockPlanSharesGrantedByDateTableTextBlock', window );">Shares Granted</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The table below summarizes shares granted to the Company and its subsidiaries&#8217; management:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;"> </span><br/></p>
<div id="t_ft_T6L7ZA35G000000000000000000000b">
<table cellpadding="0" style="height: 90px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 22px;">
<td style="padding: 0px; vertical-align: bottom; height: 22px; width: 34.9144%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Grant date </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 22px; border-bottom: 1pt solid #000000; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Balance of number of shares granted </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 22px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 22px; width: 0.922266%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 22px; border-bottom: 1pt solid #000000; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Vesting period </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.31752%; height: 22px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 22px; width: 0.922266%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 22px; border-bottom: 1pt solid #000000; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Market price of shares on the grant date (in R$ per share) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 22px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 22px; width: 0.922266%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 22px; border-bottom: 1pt solid #000000; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Total grant costs, including taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 22px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 22px; width: 0.922266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 22px; border-bottom: 1pt solid #000000; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Accumulated recognized grant costs </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 22px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 22px; width: 0.922266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 22px; border-bottom: 1pt solid #000000; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Accumulated unrecognized grant costs </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.05402%; height: 22px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 34.9144%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> March 4, 2016 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 133,332 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.922266%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2022 to 2023 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.31752%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 32.72 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.922266%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 9,025 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.922266%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (8,440 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.922266%; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 585 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.05402%; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 34.9144%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> December 10, 2014 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.31752%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 25.32 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 19,557 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (19,557 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> -&#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.05402%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 34.9144%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> March 5, 2014 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.922266%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.922266%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.31752%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.922266%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 26.08 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.922266%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.922266%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 5,999 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.922266%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.922266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (5,999 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.922266%; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.922266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> -&#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.05402%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 34.9144%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 133,332 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.31752%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 34,581 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (33,996 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 8.95916%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 585 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.05402%; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ScheduleOfChangesInDeferredStockPlanTableTextBlock', window );">Changes of Number of Shares Granted</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The table below summarizes the changes of number of shares granted:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;"> </span><br/></p>
<div id="t_ft_747M2JGKSW00000000000000000000b">
<table cellpadding="0" style="height: 120px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; width: 82%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Balance on December 31, 2019 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; width: 4%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 12%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,224,524 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Cancellation of granted shares due to termination of executive employment </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (200,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Shares vested and transferred </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (322,264 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Balance on December 31, 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 702,260 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Shares vested and transferred </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (448,930 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Reclassification to assets held for sale </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (119,998 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Balance on December 31, 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 133,332 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ScheduleOfRestrictedAndPerformanceStockProgramsTableTextBlock', window );">Restricted Stock Program</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The table below summarizes the restricted and performance stock programs:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;"> </span><br/></p>
<div id="t_ft_AICLTBV6SG00000000000000000000b">
<table cellpadding="0" style="height: 282px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 10px;">
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Program </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Grant date </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Balance of number of shares granted </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Vesting period </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Market price of shares on the grant date (in R$ per share) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Total grant costs, including taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Accumulated recognized grant costs </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Accumulated unrecognized grant costs </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 14%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Restricted </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 15%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> October 1, 2017 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 240,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2023 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 38.19 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 9,293 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (9,293 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1%;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Restricted </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> November 8, 2017 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 4,596 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2022 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 38.19 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,018 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (994 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 24 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Restricted </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> April 4, 2018 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 31,220 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2022 to 2023 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 34.35 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,013 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (2,902 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 111 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Performance </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> April 4, 2018 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 5,550 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2022 to 2023 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 34.35 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 356 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (267 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 89 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Restricted </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> September 19, 2018 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 80,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2024 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 19.58 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,020 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,020 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Restricted </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> September 24, 2018 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 80,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2024 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 18.40 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,170 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,250 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,920 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Restricted </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> April 3, 2019 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> 176,814 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2022 to 2024 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 23.25 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> 7,004 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> (5,479 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> 1,525 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Performance </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> April 3, 2019 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> 83,412 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2022 to 2024 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 23.25 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> 3,587 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> (2,212 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> 1,375 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Restricted </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> September 2, 2019 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> 440,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2025 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 16.42 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> 9,965 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> (3,875 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> 6,090 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Restricted </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> April 1, 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> 290,082 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2023 to 2025 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 12.53 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> 5,668 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> (3,135 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> 2,533 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Performance </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> April 1, 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> 238,188 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2023 to 2025 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 12.53 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> 5,494 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> (2,960 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> 2,534 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Restricted </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> September 16, 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 700,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2026 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 23.03 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 13,259 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (5,847 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 7,412 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Restricted </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> April 7, 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 522,716 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2024 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 20.85 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 17,985 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (5,141 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 12,844 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Performance </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> April 7, 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 522,716 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2024 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 20.85 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 17,985 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (5,141 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 12,844 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Restricted </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> September 22, 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,000,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2027 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 14.17 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> 19,547 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> (1,087 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 18,460 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> 4,415,294 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> 118,364 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> (50,603 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> 67,761 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfSummarizedChangesOfNumberOfRestrictedAndPerformanceSharesGrantedExplanatory', window );">Summarized Changes of Number of Restricted and Performance Shares Granted</a></td>
<td class="text">
<table cellpadding="0" style="height: 208px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 82%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Balance on December 31, 2019 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 5%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,738,660 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Shares granted on April 1, 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 877,788 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Shares granted on September 16, 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 700,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Cancellation of granted shares due to termination of executive employment </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (353,294 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Cancellation of performance shares </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (52,992 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Balance on December 31, 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,910,162 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Shares granted on April 7, 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,386,504 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Shares granted on September 22, 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,000,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 21px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 21px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Performance shares <span style="font-size: 8pt;"><sup>(i)</sup></span></span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 21px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 21px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (133,326 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Cancellation of granted shares due to termination of executive employment </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (133,186 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Reclassification to assets held for sale </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (614,860 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Balance on December 31, 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 4,415,294 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
</tr>
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<span></span>
</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of deferred stock plan shares granted by date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of restricted and performance stock programs.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of compensation for key executives.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147282385336">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Income and Social Contribution Taxes (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
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<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDeferredTaxesExplanatory', window );">Deferred taxes</a></td>
<td class="text">
<table cellpadding="0" style="height: 469px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Assets - deferred income and social contribution taxes on: </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Provision for impairment of assets </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 57,924 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 75,231 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Provisions for tax, civil, and labor risks </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 188,236 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 138,516 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Provision for post-employment benefits </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 73,335 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 96,108 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Provision for differences between cash and accrual basis (i) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 24,754 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 606,054 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Goodwill </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 4,825 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 5,161 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Business combination &#8211; tax basis vs. accounting basis of goodwill </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 18,699 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 75,515 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Provision for asset retirement obligation </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 16,991 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 15,728 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Provision for suppliers </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 39,364 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 49,501 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Provision for profit sharing and bonus </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 44,876 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 56,873 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Leases payable </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 41,463 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 41,932 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Change in fair value of subscription warrants </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 10,957 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 22,833 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Provision for deferred revenue </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 15,643 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 25,770 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Other provisions </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,769 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 14,917 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 13px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Tax losses and negative basis for social contribution carryforwards (10.d) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 148,345 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 363,862 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 688,181 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,588,001 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;"><br/></td>
</tr>
<tr style="height: 11px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 11px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Offset liability balance of deferred IRPJ and CSLL </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 11px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (116,426 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 11px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 11px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 11px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (613,290 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 11px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Net balance of deferred taxes assets </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 571,755 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 974,711 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Liabilities - deferred income and social contribution taxes on: </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Revaluation of PP&amp;E </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 408 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,776 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Leases payable </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 138 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,895 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Provision for differences between cash and accrual basis (i) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 19,664 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 402,780 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Provision for goodwill </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 28,676 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 92,242 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Business combination &#8211; fair value of assets </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 66,079 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 111,832 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Other provisions </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,743 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 15,497 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 116,708 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 626,022 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Offset asset balance of deferred IRPJ and CSLL </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (116,426 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (613,290 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; height: 17px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 73%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Net balance of deferred taxes liabilities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 282 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 12,732 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 17px; width: 1%;"><br/></td>
</tr>
</tbody>
</table>

<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td style="width: 1%;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(i)</span></td>
<td style="width: 99%;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">Refers, mainly, to the income tax on the exchange variation of the&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">derivate&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">hedging instruments.</span></span></td>
</tr>
</tbody>
</table>
<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfChangesInBalanceOfDeferredTaxesTableTextBlock', window );">Summary of Changes in Balances of Deferred Taxes</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Changes in the net balance of deferred IRPJ and CSLL are as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_A6DW9Q2KPC00000000000000000000b">
<table cellpadding="0" style="height: 149px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 2019 </span></p>
</td>
<td style="vertical-align: bottom;"><br/></td>
<td style="vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 58%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Initial balance </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 961,979 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 646,163 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px; width: 1%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 504,890 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; width: 1%;"><br/></td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; width: 1%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Deferred IRPJ and CSLL recognized in income of the year </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 242,246 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 234,244 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="vertical-align: top; height: 10px; padding: 0px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; padding: 0px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;">(<span style="font-family: 'Times New Roman'; font-size: 10pt;">2,633 </span></p>
</td>
<td style="vertical-align: top; padding: 0px;">)</td>
<td style="vertical-align: top; padding: 0px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Deferred IRPJ and CSLL of subsidiaries classified as discontinued operations </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 110,821 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (146,305 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="vertical-align: top; height: 10px; background-color: #cceeff; padding: 0px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; background-color: #cceeff; padding: 0px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 100,098 </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Deferred IRPJ and CSLL recognized in other comprehensive income </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (11,366 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 210,034 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="vertical-align: top; height: 10px; padding: 0px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 10px; padding: 0px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 40,497 </span></p>
</td>
<td style="vertical-align: top; padding: 0px;"><br/></td>
<td style="vertical-align: top; padding: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Reclassification to assets held for sale </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (728,986 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (3,221 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 17,843 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,311 </span></p>
</td>
<td style="vertical-align: top; padding: 0px;"><br/></td>
<td style="vertical-align: top; padding: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Final balance </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 571,473 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 961,979 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 646,163 </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfTaxReconciliationTableTextBlock', window );">Summary of Reconciliation of Taxes</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">IRPJ and CSLL are reconciled to the statutory tax rates as follows:&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_0JEKFPBZZ400000000000000000000b">
<table cellpadding="0" style="height: 283px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center; font-weight: bold;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center; font-weight: bold;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 2020 </span></p>
</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center; font-weight: bold;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 2019 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px;"><br/></td>
<td style="vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center; font-weight: bold;"><span style="font-size: 8pt; font-family: 'times new roman', times;">Re-Restated (i) </span></p>
</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center; font-weight: bold;"><span style="font-size: 8pt; font-family: 'times new roman', times;"> <span style="color: #000000; font-family: 'times new roman', times; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Re-</span>Restated (i) </span></p>
</td>
<td style="vertical-align: bottom; height: 17px;"><br/></td>
<td style="vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 58%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Income before taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,006,648 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 951,581 </span></p>
</td>
<td style="vertical-align: top; height: 17px; padding: 0px; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px; background-color: #cceeff; width: 12%; text-align: right;">1,365,177</td>
<td style="vertical-align: top; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Statutory tax rates &#8211; % </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 34 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 34 </span></p>
</td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px; text-align: right;">34</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Income and social contribution taxes at the statutory tax rates </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (342,260 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (323,538 </span></p>
</td>
<td style="vertical-align: top; height: 10px; padding: 0px; background-color: #cceeff;">)</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 10px;"><br/></td>
<td style="vertical-align: top; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; padding: 0px; background-color: #cceeff; text-align: right;">(464,161</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 12px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 12px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Adjustments to the statutory income and social contribution taxes: </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 12px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 12px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 12px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 12px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 12px; padding: 0px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 12px;"><br/></td>
<td style="vertical-align: top; height: 12px; padding: 0px; text-align: right;"><br/></td>
<td style="vertical-align: top; height: 12px;"><br/></td>
<td style="vertical-align: top; height: 12px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Nondeductible expenses (ii) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (45,569 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (33,420 </span></p>
</td>
<td style="vertical-align: top; height: 17px; padding: 0px; background-color: #cceeff;">)</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px; background-color: #cceeff; text-align: right;">(41,690</td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Nontaxable revenues (iii) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,571 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,757 </span></p>
</td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px; text-align: right;">4,525</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">&#160; &#160; Monetary variation (SELIC) on repetition of tax undue payments (iv)</td>
<td style="padding: 0px; vertical-align: bottom; text-align: right; height: 17px;">136,060</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; text-align: right;">-</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; text-align: right;">-</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Adjustment to estimated income (v) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,901 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 8,850 </span></p>
</td>
<td style="vertical-align: top; height: 17px; padding: 0px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px; background-color: #cceeff; text-align: right;">10,511</td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Unrecorded deferred income and social contribution taxes carryforwards deferred (vi) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (5,285 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (3,166 </span></p>
</td>
<td style="vertical-align: top; height: 10px; padding: 0px;">)</td>
<td style="vertical-align: top; padding: 0px; height: 10px;"><br/></td>
<td style="vertical-align: top; height: 10px; padding: 0px; text-align: right;">(3,271</td>
<td style="vertical-align: top; height: 10px;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="vertical-align: top; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Share of profit (loss) of subsidiaries, joint ventures and associates </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (5,995 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (14,972 </span></p>
</td>
<td style="vertical-align: top; height: 10px; padding: 0px; background-color: #cceeff;">)</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 10px;"><br/></td>
<td style="vertical-align: top; height: 10px; padding: 0px; background-color: #cceeff; text-align: right;">(4,322</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Other adjustments </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 21,414 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 12,911 </span></p>
</td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px; text-align: right;">3,178</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Income and social contribution taxes before tax incentives </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (235,163 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (350,578 </span></p>
</td>
<td style="vertical-align: top; height: 10px; padding: 0px; background-color: #cceeff;">)</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 10px;"><br/></td>
<td style="vertical-align: top; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; padding: 0px; background-color: #cceeff; text-align: right;">(495,230</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Tax incentives - SUDENE </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 47,129 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 46,061 </span></p>
</td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px; text-align: right;">25,254</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Income and social contribution taxes in the income statement </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (188,034 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; border-top: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (304,517 </span></p>
</td>
<td style="vertical-align: top; height: 10px; padding: 0px; background-color: #cceeff;">)</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 10px;"><br/></td>
<td style="vertical-align: top; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; padding: 0px; background-color: #cceeff; text-align: right;">(469,976</td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (430,280 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (538,761 </span></p>
</td>
<td style="vertical-align: top; height: 17px; padding: 0px;">)</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px; text-align: right;">(467,343</td>
<td style="vertical-align: top; height: 17px;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="vertical-align: top; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Deferred </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 242,246 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 234,244 </span></p>
</td>
<td style="vertical-align: top; height: 17px; padding: 0px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px; background-color: #cceeff; text-align: right;">(2,633</td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px;"><span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Effective IRPJ and CSLL rates &#8211; % </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 18.7 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 32.0 </span></p>
</td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px; text-align: right;">34.4</td>
<td style="vertical-align: top; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
<span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></div>
<div id="t_ft_PKTZ3MUOWG00000000000000000000b">
<table style="width: 100%; margin-left: 0.1px; height: 102px; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr style="height: 17px;">
<td style="width: 2%; height: 17px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(i)</span></td>
<td style="width: 98%; height: 17px; vertical-align: top;" valign="top"><span style="border-right: none; border-left: none;"><span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">For more information on the restatement, see note 3.c.1.</span></span></td>
</tr>
<tr style="height: 17px;">
<td style="height: 17px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(ii)</span></td>
<td style="height: 17px; vertical-align: top;" valign="top"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">C</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">onsist&#160;of certain expenses that cannot be deducted for tax purposes under applicable tax legislation, such as expenses with fines, donations, gifts, losses of assets</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">,</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">negative effects of foreign subsidiaries&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">and certain provisions</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">.</span></td>
</tr>
<tr style="height: 17px;">
<td style="height: 17px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(iii)</span></td>
<td style="height: 17px; vertical-align: top;" valign="top"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">C</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">onsist&#160;of certain gains and income that are not taxable under applicable tax legislation, such as the reimbursement of taxes and the reversal of certain provisions</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">.</span></td>
</tr>
<tr style="height: 17px;">
<td style="height: 17px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(iv)</span></td>
<td style="height: 17px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Refers to amounts related to non-taxation of IRPJ/CSLL on monetary variation (SELIC) in the repetition of undue tax lawsuits (see note 10.e).</span></td>
</tr>
<tr style="height: 17px;">
<td style="height: 17px; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(v)</span></td>
<td style="height: 17px; vertical-align: top;" valign="top"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Brazilian tax law allows for an alternative method of taxation for companies that generated gross revenues of up to R$&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">78</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;million in their previous fiscal year. Certain subsidiaries of the Company adopted this alternative form of taxation, whereby income and social contribution taxes are calculated on a basis equal to 32% of operating revenues, as opposed to being calculated based on the effective taxable income of these subsidiaries. The&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">adjustment to estimated income represents the&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">difference between the taxation under this alternative method and the income and social contribution taxes that would have been pa</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">id</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;based on the effective statutory rate applied to the taxable income of these subsidiaries</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">.</span></td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(vi)</span><br/></td>
<td style="vertical-align: top; height: 17px;" valign="top"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">See Note 10.d</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">.</span></td>
</tr>
</tbody>
</table>
</div>
<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfTaxIncentivesTableTextBlock', window );">Summary of Tax Incentives</a></td>
<td class="text">the following subsidiaries, in compliance with the current law have entitled to federal tax benefits providing for IRPJ reduction under:
<table cellpadding="0" style="height: 159px; border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="vertical-align: bottom; width: 49%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Subsidiary </span></p>
</td>
<td style="vertical-align: bottom; width: 15%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Units </span></p>
</td>
<td style="vertical-align: bottom; width: 1%; height: 17px;"><br/></td>
<td style="vertical-align: bottom; width: 1%; height: 17px;"><br/></td>
<td style="vertical-align: bottom; width: 15%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Incentive - % </span></p>
</td>
<td style="vertical-align: bottom; width: 1%; height: 17px;"><br/></td>
<td style="vertical-align: bottom; width: 1%; height: 17px;"><br/></td>
<td style="vertical-align: bottom; width: 15%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Expiration </span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 49%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Bahiana Distribuidora de G&#225;s Ltda. </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 15%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Mataripe base </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 15%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 75 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; text-align: left; width: 15%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2024 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: bottom; height: 17px; width: 49%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 15%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Caucaia base </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 15%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 75 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; text-align: right; width: 15%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2025 </span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 49%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 15%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Juazeiro base </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 15%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 75 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; text-align: right; width: 15%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2026 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: bottom; height: 17px; width: 49%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 15%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Aracaju base </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 15%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 75 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; text-align: left; width: 15%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2027 </span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 49%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 15%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Suape base </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 15%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 75 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; background-color: #cceeff; text-align: left; width: 15%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2027 </span></p>
</td>
</tr>
<tr style="height: 19px;">
<td style="vertical-align: bottom; height: 19px; width: 49%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <span style="border-left: none; border-right: none;">Ultracargo Log&#237;stica S.A.</span> </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; width: 15%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Suape terminal&#160;</span></p>
</td>
<td style="vertical-align: bottom; height: 19px; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 19px; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 19px; width: 15%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 75 </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 19px; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 19px; text-align: left; width: 15%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2030 </span></p>
</td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="vertical-align: bottom; height: 19px; background-color: #cceeff; width: 49%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; background-color: #cceeff; width: 15%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Aratu terminal </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 19px; background-color: #cceeff; width: 15%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 75 </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 19px; background-color: #cceeff; text-align: left; width: 15%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2022 </span></p>
</td>
</tr>
<tr style="height: 19px;">
<td style="vertical-align: bottom; height: 19px; width: 49%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; width: 15%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Itaqui terminal&#160;</span></p>
</td>
<td style="vertical-align: bottom; height: 19px; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 19px; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 19px; width: 15%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 75 </span></p>
</td>
<td style="vertical-align: bottom; height: 19px; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 19px; width: 1%;"><br/></td>
<td style="vertical-align: bottom; height: 19px; text-align: left; width: 15%;">
<p style="margin: 0pt; text-align: right;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> 2030 </span></p>
</td>
</tr>
</tbody>
</table>
<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfDeferredIncomeAndSocialContributionTaxAssetsExplanatoryTextBlock', window );">Summary of deferred income and social contribution tax assets</a></td>
<td class="text">
<div style="border-right: none; border-left: none;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The balances which are constituted of deferred taxes related to income tax loss </span>carryforwards<span style="font-family: 'Times New Roman';"> and negative basis of social contribution base are as follows:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_4R0G1492DC00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto; height: 205px;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 70.5455%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.81818%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 2%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.81818%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; width: 70.5455%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Oil Trading </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; width: 12%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 53,839 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; width: 1.81818%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 2%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; width: 12%; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; width: 1.81818%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 70.5455%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Ultrapar (i) </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 43,441 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.81818%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 27,736 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.81818%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 70.5455%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Abastece a&#237; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 41,065 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.81818%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 2%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 7,362 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.81818%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 70.5455%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Tequimar Vila do conde </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 9,861 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.81818%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 489 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.81818%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 70.5455%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Ultracargo </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 139 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.81818%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 2%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 107 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.81818%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 70.5455%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Oxiteno S.A. (ii) </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.81818%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 205,604 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.81818%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 70.5455%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Ipiranga </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.81818%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 2%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 44,537 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.81818%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 70.5455%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Iconic </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.81818%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 5,691 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.81818%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 70.5455%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Extrafarna (ii) </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.81818%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 2%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 72,318 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.81818%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 70.5455%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> UVC Investimentos </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.81818%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 18 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.81818%;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 70.5455%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 148,345 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 18px; width: 1.81818%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 2%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 363,862 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 1.81818%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_HU0A6M2EW000000000000000000000b">
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td style="width: 2%; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(i)</span></td>
<td style="width: 98%; vertical-align: top;" valign="top"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Considers the amount of R$ 8,510 of deferred taxes recognized on the tax loss of subsidiary&#160;</span>Ultrapar<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;International as of December 31, 2021 (R$ 7,659 as of December 31, 2020).</span></span></td>
</tr>
<tr>
<td style="vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(ii)</span></td>
<td style="vertical-align: top;" valign="top"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">As&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">of</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">&#160;December 31, 2021, the amounts of R$ 247,912 and R$ 72,318, referring to the balances constituted on deferred charges related to IRPJ tax losses and negative CSLL bases for the subsidiaries&#160;Oxiteno&#160;S</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">.</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">A</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">.</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">&#160;and&#160;Extrafarma, respectively, were reclassified to assets held for sale.</span></span></td>
</tr>
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<p style="margin: 2pt 0pt 0pt 14.2pt; text-align: justify; text-indent: -14.2pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The balances which are not constituted of deferred taxes related to income tax loss carryforwards and negative basis of social contribution base are as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_WWSXT64HWW00000000000000000000b">
<table cellpadding="0" style="height: 85px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 72.8395%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.8395%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Extrafarma </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 312,521 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 294,400 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 72.8395%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Integra Frotas </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 11,769 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 7,802 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.8395%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Millennium </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,174 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 640 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 72.8395%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 12.037%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 327,464 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 12.037%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 302,842 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 1.02881%;"><br/></td>
</tr>
</tbody>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of deferred taxes. [Refer: Deferred tax liabilities; Deferred tax assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 10<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure of income and social contribution taxes.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of tax incentives.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of tax reconciliation.</p></div>
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Prepaid Expenses (Tables)<br></strong></div></th>
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.01937%;"><br/></td>
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.01937%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.6809%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Rents </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0285%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 54,327 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.22324%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 30,400 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.6809%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Advertising and publicity </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0285%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 28,410 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22324%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 17,752 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.6809%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Deferred stock plan, net </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0285%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 4,399 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.22324%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 9,900 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.6809%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Insurance premiums </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0285%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 26,917 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22324%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 58,675 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.6809%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Software maintenance </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0285%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 19,863 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.22324%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 24,233 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.6809%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Employee benefits </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0285%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 8,362 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22324%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 8,924 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.6809%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> IPVA and IPTU </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0285%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,553 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.22324%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,632 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 72.6809%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Contribution - private pension fund (see Note 21.a) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 12.0285%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 19,831 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.22324%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; width: 11.9266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 36,068 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.6809%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Other prepaid expenses </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 12.0285%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 5,730 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.22324%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 11.9266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 14,045 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: rgb(204, 238, 255); width: 1.01937%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.6809%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 12.0285%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 169,392 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22324%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 11.9266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 202,629 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.6809%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0285%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 98,024 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.22324%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 132,122 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.6809%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Non-current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0285%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 71,368 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22324%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9266%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 70,507 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"><br/></td>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147279130648">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Contractual Assets with Customers - Exclusive Rights (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Balance and</span><span style="font-family: 'Times New Roman';"> changes are shown below:</span></span></p>
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<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2018 </span></p>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 2%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 13%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,518,477 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Additions </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 330,068 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Amortization </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (355,250 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Transfer </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (27,306 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2019 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,465,989 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Additions </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 549,085 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Amortization </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (289,436 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Transfer </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (19,307 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,706,331 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Additions </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 689,986 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Amortization </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (282,521 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Transfer </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (34,570 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,079,226 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Current </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 555,052 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Non-current </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,524,174 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"/>
</tr>
</tbody>
</table>
</div>
<span></span>
</td>
</tr>
</table>
<div style="display: none;">
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The explanation of the significant changes in the contract assets and the contract liabilities. [Refer: Contract assets; Contract liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 15<br> -IssueDate 2021-01-01<br> -Paragraph 118<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=15&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_118&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
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<tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147282956952">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Investments (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsAccountedForUsingEquityMethodAbstract', window );"><strong>Investments accounted for using equity method [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfInterestsInOtherEntitiesExplanatory', window );">Schedule of reconciliation of share of profit (loss) of subsidiaries, joint ventures and associates</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The table below presents the amoun</span><span style="font-family: 'Times New Roman';">t reconciliation </span><span style="font-family: 'Times New Roman';">of </span><span style="font-family: 'Times New Roman';">share of profit (loss) of subsidiaries, joint </span><span style="font-family: 'Times New Roman';">ventures</span><span style="font-family: 'Times New Roman';"> and associates</span><span style="font-family: 'Times New Roman';">:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_W4W149EH5C00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; width: 99.8365%; height: 85px;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 27.2665%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: Arial; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 10.1648%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Note </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 12.4313%;">
<p style="margin: 0pt; text-align: center; font-weight: bold;"><span> 2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 2.54121%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 5.08242%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 16.6209%;">
<p style="margin: 0pt; text-align: center; font-weight: bold;"><span> 2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 2.54121%;"><br/></td>
<td style="vertical-align: top; height: 17px; width: 5.08242%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; border-bottom: 1pt solid #000000; width: 16.6209%;">
<p style="margin: 0pt; text-align: center; font-weight: bold;"><span> 2019 </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 1.57967%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 27.2665%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: Arial; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 10.1648%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 12.4313%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 2.54121%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 5.08242%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.6209%;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;">Re-presented (i) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 2.54121%;"><br/></td>
<td style="vertical-align: top; height: 17px; width: 5.08242%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 16.6209%;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;">Re-presented (i) </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 1.57967%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 27.2665%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Joint ventures </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 10.1648%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 13.b </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 12.4313%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"><span> (18,068 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 2.54121%; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 5.08242%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 16.6209%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"><span> (45,812 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 2.54121%; background-color: #cceeff;">)</td>
<td style="vertical-align: top; height: 17px; width: 5.08242%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 16.6209%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"><span> (14,463 </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 1.57967%; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 27.2665%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Associates </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 10.1648%;">
<p style="margin: 0pt; text-align: center;"><span> 13.c </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 12.4313%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"><span> 434 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 2.54121%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 5.08242%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 16.6209%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"><span> 1,781 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 2.54121%;"><br/></td>
<td style="vertical-align: top; height: 17px; width: 5.08242%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; border-bottom: 1px solid #000000; width: 16.6209%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"><span> 1,754 </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 1.57967%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 27.2665%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 10.1648%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 2.8pt double #000000; width: 12.4313%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"><span> (17,634 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 2.54121%; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 5.08242%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 2.8pt double #000000; width: 16.6209%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"><span> (44,031 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 2.54121%; background-color: #cceeff;">)</td>
<td style="vertical-align: top; height: 17px; width: 5.08242%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; border-bottom: 2.8pt double #000000; width: 16.6209%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"><span> (12,709 </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 1.57967%; background-color: #cceeff;">)</td>
</tr>
</tbody>
</table>
</div>
<div><br/></div>
<div><span style="font-family: 'Times New Roman'; font-size: 10pt;"><sup>(i)</sup> <span style="border-right: none; border-left: none;"><span style="border-right: none; border-left: none;">See Note 3.c.3.</span></span></span></div>
<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfReconciliationOfSummarisedFinancialInformationOfJointVentureAccountedForUsingEquityMethodToCarryingAmountOfInterestInJointVentureExplanatory', window );">Summary of Balances and Changes in Joint Ventures</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Balances and changes in joint ventures are as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_2Y6HG4HZXC00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 425px; text-indent: 0px;" width="100%">
<tbody>
<tr style="height: 34px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 19.332%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 34px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt; font-weight: bold;"> Uni&#227;o Vopak </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> RPR </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> ConectCar </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt; font-weight: bold;"> Latitude Log&#237;stica </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 6.98381%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt; font-weight: bold;"> Navegantes Log&#237;stica </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt; font-weight: bold;"> Nordeste Log&#237;stica I </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt; font-weight: bold;"> Nordeste Log&#237;stica II </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt; font-weight: bold;"> Nordeste Log&#237;stica III </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 19.332%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2018 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 6.88259%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 7,446 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.11336%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 6.88259%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 20,118 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.21457%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 6.88259%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 74,390 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.21457%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 6.88259%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.01215%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.11336%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 6.98381%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.01215%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.21457%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 6.88259%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.01215%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.11336%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 6.88259%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.21457%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 6.88259%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.01215%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.21457%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 6.88259%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 101,954 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.01215%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Capital increase </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 35,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 10,351 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 23,581 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 1,930 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 4,183 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 4,079 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 79,124 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Other reserves </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (7,771 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (7,771 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Dividends </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (1,474 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (4,295 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (5,769 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Share of profit (loss) of joint ventures </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 1,370 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 10,740 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (26,572 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.98381%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (14,462 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2019 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 7,342 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 18,792 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 82,818 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 10,351 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 23,581 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 1,930 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 4,183 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 4,079 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 153,076 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Capital increase </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 20,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 303 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 3,894 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 5,006 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 29,203 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Capital decrease (i) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (363 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (363 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Other reserves </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 1,065 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 1,065 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Proposed dividends </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (165 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (165 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Share of profit (loss) of joint ventures </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 392 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (21,788 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (21,638 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.98381%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (1,594 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (1,409 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (401 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 626 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (45,812 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Transfer to provision for liabilities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 2,096 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 2,096 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 7,734 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 81,180 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 10,351 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 21,624 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 824 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 7,676 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 9,711 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 139,100 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Capital increase </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 15,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 5,001 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 3,697 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 6,399 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 600 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 30,697 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Capital decrease (i) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (5,001 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (5,001 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Other reserves </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 99 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 99 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Actuarial gain of post-employment benefits </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 5,723 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 5,723 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 34px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 19.332%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Shareholder transaction &#8211; changes of investments </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (966 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 6.98381%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (966 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Share of profit (loss) of joint ventures </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 602 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 822 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (18,081 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 593 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (3,032 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 1,592 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (819 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 255 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (18,068 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Disposition of investment (see Note </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (78,099 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (78,099 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Transfer from provision for liabilities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (2,096 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.98381%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (2,096 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 8,336 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 4,548 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 9,978 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 6.98381%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 22,289 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 2,416 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 13,256 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 10,566 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 6.88259%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 71,389 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(i) Refers to reimbursement of expenses that preceded the port area auctions and that were apportioned among the other members of the consortium.</span></p>
<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DescriptionOfTransferToProvisionForShortTermLiabilitiesRelatedToJointVenturesTableTextBlock', window );">Summary of provision for short-term liabilities</a></td>
<td class="text">
<table cellpadding="0" style="border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 100%; margin-left: auto; margin-right: auto;" width="100%">
<tbody>
<tr style="height: 11.35pt; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; width: 78.9438%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; background-color: #ffffff; width: 19.9588%;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Provision to (from) short-term liabilities </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; width: 0.960219%;"><br/></td>
</tr>
<tr style="height: 11.35pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 78.9438%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 19.9588%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> RPR </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 0.960219%;"><br/></td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 78.9438%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2019 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 19.9588%; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0pt; text-align: right;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.960219%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 11.35pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 78.9438%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Transfer to provision for liabilities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 19.9588%;">
<p style="margin: 0pt; text-align: right;"><span> 2,096 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.960219%;"><br/></td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 78.9438%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 19.9588%;">
<p style="margin: 0pt; text-align: right;"><span> 2,096 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.960219%;"><br/></td>
</tr>
<tr style="height: 11.35pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 78.9438%;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Transfer from provision for liabilities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 19.9588%;">
<p style="margin: 0pt; text-align: right;"><span> (2,096 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.960219%;">)</td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 78.9438%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 19.9588%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.960219%;"><br/></td>
</tr>
</tbody>
</table>
<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfJointVenturesExplanatory', window );">Summary of Amounts of Financial Position and Income Statements of Profit or Loss of Joint Ventures</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The table below presents the </span><span style="font-family: 'Times New Roman';">statements of financial position</span><span style="font-family: 'Times New Roman';"> and </span><span style="font-family: 'Times New Roman';">statements of profit or </span><span style="font-family: 'Times New Roman';">loss of</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">joint ventures: </span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_W1QLK3KSO000000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 224px;" width="100%">
<tbody>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td colspan="22" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="border-bottom: 0.5pt solid #000000; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"><br/></td>
</tr>
<tr style="height: 34px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Uni&#227;o Vopak </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> RPR </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"><span style="font-family: 'Times New Roman';">ConectCar</span><span style="font-family: 'Times New Roman';"> </span><sup><sup><sup><sup><sup><sup><sup><sup><sup><span style="font-family: 'Times New Roman'; vertical-align: super;">(</span></sup></sup></sup></sup></sup></sup></sup></sup></sup><sup><sup><sup><sup><sup><sup><sup><sup><sup><span style="font-family: 'Times New Roman'; vertical-align: super;">i</span></sup></sup></sup></sup></sup></sup></sup></sup></sup><sup><sup><sup><sup><sup><sup><sup><sup><sup><span style="font-family: 'Times New Roman'; vertical-align: super;">)</span></sup></sup></sup></sup></sup></sup></sup></sup></sup></span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Latitude Log&#237;stica </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Navegantes Log&#237;stica </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Nordeste Log&#237;stica I </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Nordeste Log&#237;stica II </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Nordeste Log&#237;stica III </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 29%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Current assets </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 7%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 10,068 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 7%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 273,029 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 7%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 171,894 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 7%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 18,798 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 7%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 5,393 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 7%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 52,022 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 7%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 36,958 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 7%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 17,458 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Non-current assets </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 9,696 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 179,652 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 177,217 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 50,215 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 167,170 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 18,346 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 17,279 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 49,439 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Current liabilities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 2,824 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 354,001 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 174,030 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 9,151 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 256 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 46,615 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 1,418 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 13,960 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Non-current liabilities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 268 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 84,980 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 18,883 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 39,906 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 105,440 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 16,504 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 13,052 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 21,239 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Equity </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 16,672 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 13,700 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 156,198 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 19,956 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 66,867 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 7,249 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 39,767 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 31,698 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net revenue from sales and services </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 17,660 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 2,092,786 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 60,436 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 5,895 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 11,625 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 2,016 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 7,561 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Costs, operating expenses and income </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (16,144 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (2,105,544 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (97,095 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (2,591 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (1,579 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (3,260 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (3,980 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (5,030 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net finance income and income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (312 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 15,235 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 497 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (2,118 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (7,517 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (3,589 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (494 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (1,765 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net income (loss) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 1,204 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 2,477 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (36,162 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 1,186 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (9,096 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 4,776 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (2,458 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 766 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Number of shares or units held </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 29,995 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 5,078,888 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 263,768,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 4,383,881 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 22,298,195 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 681,637 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 3,933,265 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 4,871,241 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> % of capital held </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 50 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 33 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 50 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 50 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 33 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 33 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 33 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 33 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The percentages in the table above are rounded.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">(i) The balances presented refer to September 30, 2021, due to the completion of the sale of ConectCar on October 1, 2021, for further details see note <span>13</span>.</span><span style="font-family: 'Times New Roman';">a</span><span style="font-family: 'Times New Roman';">.<span>1</span>.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div>

</div>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<div id="t_ft_7PD8C70S0W00000000000000000000b">
<table cellpadding="0" style="height: 271px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td colspan="19" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"><br/></td>
</tr>
<tr style="height: 50px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 50px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 50px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Uni&#227;o Vopak </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 50px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 50px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> RPR </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 50px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 50px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> ConectCar </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 50px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 50px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Navegantes Log&#237;stica </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 50px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 50px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Nordeste Log&#237;stica I </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 50px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 50px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Nordeste Log&#237;stica II </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 50px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 50px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Nordeste Log&#237;stica III </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 38%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Current assets </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 8,510 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 291,720 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 161,371 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 24,691 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 972 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 18,531 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 21,513 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Non-current assets </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 9,796 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 171,270 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 169,843 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 166,389 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 6,021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 18,005 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 30,503 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Current liabilities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 2,698 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 363,388 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 168,854 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 8 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 4 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 5 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 6 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Non-current liabilities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 140 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 105,912 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p class="ng-scope" style="margin: 0pt; text-align: right;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 126,201 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 4,516 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 13,504 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 22,877 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Equity </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 15,468 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (6,310 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 162,360 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 64,871 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 2,473 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 23,027 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 29,133 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net revenue from sales and services </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 15,666 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 1,455,668 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 91,096 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p class="ng-scope" style="margin: 0pt; text-align: right;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p class="ng-scope" style="margin: 0pt; text-align: right;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p class="ng-scope" style="margin: 0pt; text-align: right;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p class="ng-scope" style="margin: 0pt; text-align: right;"> - </p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Costs, operating expenses and income </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (14,408 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (1,531,652 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (134,961 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (3,480 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (4,225 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (1,203 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 1,878 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 34px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net finance income and income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: right;"><span> (474 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: right;"><span> 10,361 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: right;"><span> 589 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: right;"><span> (1,301 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">
<p class="ng-scope" style="margin: 0pt; text-align: right;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">
<p class="ng-scope" style="margin: 0pt; text-align: right;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px;">
<p class="ng-scope" style="margin: 0pt; text-align: right;"> - </p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net income (loss) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 784 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (65,623 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (43,276 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (4,781 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (4,226 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (1,203 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 1,878 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Number of shares or units held </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 29,995 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 5,078,888 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 248,768,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 22,298,195 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 681,637 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 3,933,265 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 4,871,241 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> % of capital held </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 50 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 33 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 50 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 33 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 33 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 33 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 33 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_UY22HV8RIO00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 12.75pt; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td colspan="7" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2019 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Uni&#227;o Vopak </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> RPR </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> ConectCar </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 59%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net revenue from sales and services </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 12%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 15,400 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 12%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 2,156,432 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 12%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 80,387 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Costs, operating expenses and income </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span> (12,083 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">)</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span> (2,130,323 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">)</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span> (136,764 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">)</td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net finance income and income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (577 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 6,237 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 3,234 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net income (loss) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span> 2,740 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span> 32,346 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span> (53,143 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">)</td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Number of shares or units held </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 29,995 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 5,078,888 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 228,768,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> % of capital held </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span> 50 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span> 33 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span> 50 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The percentages in the table above are rounded</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfReconciliationOfSummarisedFinancialInformationOfAssociateAccountedForUsingEquityMethodToCarryingAmountOfInterestInAssociateExplanatory', window );">Summary of Balances and Changes in Associates</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Balances and changes in associates are as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_YGUN0LZI4W00000000000000000000b">
<table cellpadding="0" style="height: 335px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px;" width="100%">
<tbody>
<tr style="height: 12px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 28.5425%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; border-bottom: 1pt solid #000000; width: 9.91903%;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Transportadora Sulbrasileira de G&#225;s S.A. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 1.01215%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 1.21457%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; border-bottom: 1pt solid #000000; width: 9.81781%;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Oxicap Ind&#250;stria de Gases Ltda. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 1.01215%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 1.21457%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; border-bottom: 1pt solid #000000; width: 9.81781%;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Qu&#237;mica da Bahia Ind&#250;stria e Com&#233;rcio S.A. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 1.01215%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 1.21457%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; border-bottom: 1pt solid #000000; width: 9.91903%;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Metal&#250;rgica Plus S.A. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 1.01215%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 1.11336%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; border-bottom: 1pt solid #000000; width: 10.0202%;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Plenog&#225;s Distribuidora de G&#225;s S.A. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 0.910931%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 1.21457%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; border-bottom: 1pt solid #000000; width: 9.91903%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 1.01215%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 28.5425%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2018 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> 4,689 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.01215%;"><br/></td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> 15,366 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.01215%;"><br/></td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> 3,590 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.01215%;"><br/></td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> 228 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.01215%;"><br/></td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.11336%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 10.0202%;">
<p style="margin: 0pt; text-align: right;"><span> 465 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 0.910931%;"><br/></td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> 24,338 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.01215%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 28.5425%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Dividends </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> (818 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; width: 1.01215%;">)</td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span>-</span></p>
</td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; width: 1.01215%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; width: 1.01215%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; width: 1.01215%;"><br/></td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; width: 1.11336%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; width: 10.0202%;">
<p style="margin: 0pt; text-align: right;"><span> (87 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; width: 0.910931%;">)</td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> (905 </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; width: 1.01215%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 28.5425%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Share of profit (loss) of associates </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> 1,790 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.01215%;"><br/></td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.01215%;"><br/></td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> (36 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.01215%;">)</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> (90 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.01215%;">)</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.11336%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 10.0202%;">
<p style="margin: 0pt; text-align: right;"><span> 85 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 0.910931%;"><br/></td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> 2,317 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.01215%;"><br/></td>
</tr>
<tr style="height: 34px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 28.5425%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Share of profit (loss) of associates - discontinued operations </span></p>
</td>
<td style="vertical-align: bottom; height: 34px; padding: 0px; border-bottom: 1pt solid #000000; width: 9.91903%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span>-</span></p>
</td>
<td style="vertical-align: bottom; height: 34px; padding: 0px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="vertical-align: bottom; height: 34px; padding: 0px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 34px; padding: 0px; border-bottom: 1pt solid #000000; width: 9.81781%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 568</span></p>
</td>
<td style="vertical-align: bottom; height: 34px; padding: 0px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="vertical-align: bottom; height: 34px; padding: 0px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 34px; padding: 0px; border-bottom: 1pt solid #000000; width: 9.81781%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> -</span></p>
</td>
<td style="vertical-align: bottom; height: 34px; padding: 0px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="vertical-align: bottom; height: 34px; padding: 0px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 34px; padding: 0px; border-bottom: 1pt solid #000000; width: 9.91903%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> -</span></p>
</td>
<td style="vertical-align: bottom; height: 34px; padding: 0px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="vertical-align: bottom; height: 34px; padding: 0px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 34px; padding: 0px; border-bottom: 1pt solid #000000; width: 10.0202%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> -</span></p>
</td>
<td style="vertical-align: bottom; height: 34px; padding: 0px; width: 0.910931%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="vertical-align: bottom; height: 34px; padding: 0px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 34px; padding: 0px; border-bottom: 1pt solid #000000; width: 9.91903%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span> -</span></p>
</td>
<td style="vertical-align: bottom; height: 34px; padding: 0px; width: 1.01215%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 28.5425%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2019 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> 5,661 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> 15,934 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> 3,554 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> 138 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.11336%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10.0202%;">
<p style="margin: 0pt; text-align: right;"><span> 463 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.910931%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> 25,750 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 28.5425%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Dividends </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> (2,357 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0202%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.910931%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> (2,357 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 28.5425%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Share of profit (loss) of associates </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> 1,846 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> (12 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> (91 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.11336%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10.0202%;">
<p style="margin: 0pt; text-align: right;"><span> 38 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.910931%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> 1,781 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
</tr>
<tr style="height: 34px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 28.5425%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Share of profit (loss) of associates - discontinued operations </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> 414 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.11336%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 10.0202%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 0.910931%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> 414 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 28.5425%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> 5,150 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> 16,348 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> 3,542 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> 47 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.11336%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10.0202%;">
<p style="margin: 0pt; text-align: right;"><span> 501 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.910931%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> 25,588 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 28.5425%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Capital decrease </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> (1,500 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0202%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.910931%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> (1,500 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 28.5425%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Dividends </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> (998 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.11336%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10.0202%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.910931%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> (998 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 28.5425%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Share of profit (loss) of associates </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> 552 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> (14 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> (100 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0202%;">
<p style="margin: 0pt; text-align: right;"><span> (4 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.910931%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> 434 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"><br/></td>
</tr>
<tr style="height: 34px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 28.5425%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Share of profit (loss) of associates - discontinued operations </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> 48 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.11336%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 10.0202%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 0.910931%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> 48 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.01215%;"><br/></td>
</tr>
<tr style="height: 34px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 28.5425%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Reclassification to assets held for sale </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> (16,396 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.11336%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 10.0202%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 0.910931%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> (16,396 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 28.5425%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> 3,204 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; width: 9.81781%;">
<p style="margin: 0pt; text-align: right;"><span> 3,528 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> (53 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.11336%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; width: 10.0202%;">
<p style="margin: 0pt; text-align: right;"><span> 497 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.910931%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; width: 9.91903%;">
<p style="margin: 0pt; text-align: right;"><span> 7,176 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span></p>
<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesExplanatory', window );">Summary of Amounts of Balance Sheets and Income Statements of Associates</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The table below presents the </span><span style="font-family: 'Times New Roman';">stat</span><span style="font-family: 'Times New Roman';">e</span><span style="font-family: 'Times New Roman';">ments of financial position</span><span style="font-family: 'Times New Roman';"> and </span><span style="font-family: 'Times New Roman';">statements of profit or loss</span><span style="font-family: 'Times New Roman';"> of associates: </span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_XL8PF3M5JK00000000000000000000b">
<table cellpadding="0" style="height: 246px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td colspan="13" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"><br/></td>
</tr>
<tr style="height: 40px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Transportadora Sulbrasileira de G&#225;s S.A. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Oxicap Ind&#250;stria de Gases Ltda. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Qu&#237;mica da Bahia Ind&#250;stria e Com&#233;rcio S.A. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Metal&#250;rgica Plus S.A. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Plenog&#225;s Distribuidora de G&#225;s S.A. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 41%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Current assets </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10%;">
<p style="margin: 0pt; text-align: right;"><span> 7,685 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10%;">
<p style="margin: 0pt; text-align: right;"><span> 90,156 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10%;">
<p style="margin: 0pt; text-align: right;"><span> 14 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10%;">
<p style="margin: 0pt; text-align: right;"><span> 47 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10%;">
<p style="margin: 0pt; text-align: right;"><span> 568 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Non-current assets </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 11,611 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 70,496 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 10,151 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 126 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 1,804 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Current liabilities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 5,875 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 44,408 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 28 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 158 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Non-current liabilities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 601 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 7,562 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 3,109 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 303 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 724 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Equity </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 12,820 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 108,682 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 7,056 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (158 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 1,490 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net revenue from sales and services </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 15,126 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 69,611 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Costs, operating expenses and income </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (12,691 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (68,390 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (28 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (239 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 18 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net finance income and income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">
<p style="margin: 0pt; text-align: right;"><span> (226 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">
<p style="margin: 0pt; text-align: right;"><span> (904 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">
<p style="margin: 0pt; text-align: right;"><span> (61 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">
<p style="margin: 0pt; text-align: right;"><span> (31 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net income (loss) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 2,209 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 317 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (28 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (300 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (13 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Number of shares or units held </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 20,124,996 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 1,987 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 1,493,120 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 3,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 1,384,308 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> % of capital held </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 25 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 15 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 50 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 33 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 33 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_9YTPS4CB6800000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 257px;" width="100%">
<tbody>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td colspan="13" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 17px;"><br/></td>
</tr>
<tr style="height: 52px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Transportadora Sulbrasileira de G&#225;s S.A. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Oxicap Ind&#250;stria de Gases Ltda. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Qu&#237;mica da Bahia Ind&#250;stria e Com&#233;rcio S.A. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Metal&#250;rgica Plus S.A. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Plenog&#225;s Distribuidora de G&#225;s S.A. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 41%; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Current assets </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 10,570 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 65,136 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 47 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 58 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 352 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Non-current assets </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 12,822 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 77,339 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 10,146 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 414 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 2,196 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Current liabilities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 2,189 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 26,116 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p class="ng-scope" style="margin: 0pt; text-align: right;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 28 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 154 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Non-current liabilities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 602 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 7,994 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 3,109 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 302 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 890 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Equity </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 20,601 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 108,365 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 7,084 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 142 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 1,504 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net revenue from sales and services </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 14,295 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 58,677 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p class="ng-scope" style="margin: 0pt; text-align: right;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p class="ng-scope" style="margin: 0pt; text-align: right;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p class="ng-scope" style="margin: 0pt; text-align: right;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Costs, operating expenses and income </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (6,475 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (54,163 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (24 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (212 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 396 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net finance income and income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span> (437 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span> (1,770) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p class="ng-scope" style="margin: 0pt; text-align: right;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span> (60 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span> (39 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net income (loss) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 7,383 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 2,744 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (24 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (272 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 357 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Number of shares or units held </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 20,124,996 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 1,987 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 1,493,120 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 3,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 1,384,308 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> % of capital held </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 25 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 15 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 50 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 33 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 33 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_R75IHFVX5C00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 164px;" width="100%">
<tbody>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td colspan="13" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2019 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"><br/></td>
</tr>
<tr style="height: 52px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Transportadora Sulbrasileira de G&#225;s S.A. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Oxicap Ind&#250;stria de Gases Ltda. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Qu&#237;mica da Bahia Ind&#250;stria e Com&#233;rcio S.A. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Metal&#250;rgica Plus S.A. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Plenog&#225;s Distribuidora de G&#225;s S.A. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 41%; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net revenue from sales and services </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 12,348 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 43,463 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Costs, operating expenses and income </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (4,815 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (36,791 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (84 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (213 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 285 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net finance income and income and social contribution taxes </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (157 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (2,483 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 12 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (57 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> (29 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net income (loss) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 7,376 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 4,189 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (72 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (270 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 256 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Number of shares or units held </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 20,124,996 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 1,987 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 1,493,120 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 3,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 1,384,308 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> % of capital held </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 25 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 15 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 50 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 33 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 33 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
</tbody>
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<p style="margin: 0pt; text-align: justify;"><br/></p>
<span></span>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for interests in other entities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph 1<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_1&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of joint ventures. [Refer: Joint ventures [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2021-01-01<br> -Paragraph 17<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_17_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2021-01-01<br> -Paragraph 16<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_16_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B4<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B4_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of the reconciliation of the summarised financial information of an associate accounted for using the equity method to the carrying amount of the reporting entity's interest in the associate. [Refer: Carrying amount [member]; Associates [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B14<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B14_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br></p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of the reconciliation of the summarised financial information of a joint venture accounted for using the equity method to the carrying amount of the reporting entity's interest in the joint venture. [Refer: Carrying amount [member]; Joint ventures [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B14<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B14_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of associates. [Refer: Associates [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2021-01-01<br> -Paragraph 17<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_17_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2021-01-01<br> -Paragraph 16<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_16_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B4<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B4_d&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of changes in provision for short-term liabilities pertaining to joint ventures.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147282577736">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Right to Use Assets and Leases payable (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 25px; background-color: #ffffff; width: 13.5081%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; width: 6.85484%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Weighted average useful life (years) </span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 25px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; border-bottom: 1pt solid #000000; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Additions and remeasurement </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 25px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Write-offs </span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 25px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Effect of foreign currency exchange rate variation </span></p>
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<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; border-bottom: 1pt solid #000000; width: 7.96371%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Amortization </span></p>
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<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 25px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; border-bottom: 1pt solid #000000; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Reclassification to assets held for sale (ii) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 25px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; border-bottom: 1pt solid #000000; width: 7.8629%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2021 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 25px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 13.5081%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Cost: </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.85484%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.27389%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.96371%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.8629%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 13.5081%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Real estate (iii) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; width: 6.85484%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 10 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,254,432 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"> 257,787 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"> (150,718 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.27389%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,295 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.96371%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (569,323 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8629%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"> 1,793,473 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 13.5081%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Port area </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 6.85484%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 20 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 268,534 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"> 31,096 (*) </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.27389%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.96371%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8629%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 299,630 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 13.5081%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Vehicles </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; width: 6.85484%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 4 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 139,843 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 26,589 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (9,315 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.27389%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 103 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.96371%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (11,047 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8629%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 146,173 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 13.5081%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Equipment </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 6.85484%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 6 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 44,936 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 19,887 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (6,171 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.27389%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,920 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.96371%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (43,832 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8629%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 16,740 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 13.5081%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; width: 6.85484%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 20 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 27,846 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.27389%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.96371%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.8629%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 27,846 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 13.5081%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.85484%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,735,591 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"> 335,359 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"> (166,204 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.27389%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,318 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.96371%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (624,202 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8629%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"> 2,283,862 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 13.5081%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Accumulated amortization: </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.85484%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.27389%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.96371%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8629%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 13.5081%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Real estate </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.85484%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (481,975 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"> 76,954 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.27389%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (530 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.96371%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (283,882 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 199,963 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8629%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"> (489,470 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 13.5081%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Port area </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.85484%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (3,962 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.06452%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (11,935 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.27389%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.96371%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (7,629 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.06452%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8629%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (23,526 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 13.5081%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Vehicles </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.85484%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (63,091 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 7,032 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.27389%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (54 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.96371%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (48,146 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 5,392 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8629%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (98,867 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 13.5081%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Equipment </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.85484%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (19,619 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.06452%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 6,483 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.27389%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (897) </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.96371%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (17,637 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.06452%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 29,836 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8629%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,834 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 13.5081%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.85484%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (16,658 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.27389%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 7.96371%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (2,212 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 7.8629%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (18,870 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 13.5081%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.85484%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (585,305 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"> 90,469 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (11,935 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.27389%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,481 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 7.96371%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (359,506 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 235,191 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 7.8629%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt;"> (632,567 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 13.5081%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Impairment </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.85484%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.27389%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.96371%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8629%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 13.5081%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Real estate </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.85484%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (38,957 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.27389%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.96371%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 38,957 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.8629%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 13.5081%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.85484%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (38,957 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.27389%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 7.96371%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 38,957 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 7.8629%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; margin: 0px; text-indent: 0px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 13.5081%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net amount </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.85484%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 2.8pt double #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,150,286 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 2.8pt double #000000; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 296,402 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 2.8pt double #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-size: 10pt;"> (75,735 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 2.8pt double #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (11,935 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.27389%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 2.8pt double #000000; width: 7.7621%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,837 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 2.8pt double #000000; width: 7.96371%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (359,506 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 2.8pt double #000000; width: 8.06452%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (350,054 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 2.8pt double #000000; width: 7.8629%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-size: 10pt;"> 1,651,295 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
</tbody>
</table>
</div>
</div>
<p style="margin: 2pt 0pt 0pt 7.1pt; text-align: justify; text-indent: -7.1pt;"><br/></p>
<div>
<div id="t_ft_V6UF32O94W00000000000000000000b">

</div>
</div>
</div>
<div style="margin: 0px; text-indent: 0px;">
<div id="t_ft_GP6T841WJK00000000000000000000b">
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td style="width: 2%; vertical-align: top; text-align: right; padding: 15px 1px 0px;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(i)&#160;</span></td>
<td style="width: 98%; text-align: justify; padding: 15px 1px 0px;"><span style="font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-family: 'Times New Roman';">Refers to the amortization of right-of-use assets in the subsidiary Tequimar Vila do Conde Log&#237;stica Portu&#225;ria S.A. (&#8220;Tequimar Vila do Conde&#8221;), which is being capitalized as Construction in progress,&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">starting its operation in December 2021</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">.</span></span></td>
</tr>
<tr>
<td style="vertical-align: top; text-align: right; width: 2%;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(ii)</span></td>
<td style="text-align: justify; width: 98%;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">For further information, see Note 3.c.1.</span></td>
</tr>
<tr>
<td style="vertical-align: top; text-align: right; width: 2%;" valign="top"><span style="font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">(ii</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">i</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">)</span></span></td>
<td style="text-align: justify; width: 98%;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Includes lease contracts as presented in Note 9.a.</span></td>
</tr>
<tr>
<td style="vertical-align: top; text-align: right; width: 2%;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(*)</span></td>
<td style="text-align: justify; width: 98%;">
<p style="margin: 2pt 0pt 0pt 7.1pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; text-indent: -7.1pt;"> Includes balances of R$&#160;14,905&#160;referring to initial direct costs of right-of-use assets. </p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 2pt 0pt 0pt 7.1pt; text-align: justify; text-indent: -7.1pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_PUK39V1J5S00000000000000000000b">
<table cellpadding="0" style="height: 274px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px;" width="100%">
<tbody>
<tr style="height: 19px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 27.8481%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Weighted average useful life (years) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; border-bottom: 1px solid #000000; width: 7.8481%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2019 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; border-bottom: 1px solid #000000; width: 10.1266%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Additions and remeasurement </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; border-bottom: 1px solid #000000; width: 7.46835%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Write-offs </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; border-bottom: 1px solid #000000; width: 7.59494%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Effect of foreign currency exchange rate variation </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; border-bottom: 1px solid #000000; width: 8.86076%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Amortization </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 19px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; border-bottom: 1px solid #000000; width: 7.8481%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2020 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 19px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 27.8481%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Cost: </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 27.8481%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Real estate </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 10 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,068,254 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 259,244 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (78,529 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 5,463 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,254,432 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 27.8481%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Port area </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 20 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 68,007 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 200,527 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 268,534 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 27.8481%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Vehicles </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 4 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 91,868 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 55,616 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (7,893 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 252 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 139,843 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 27.8481%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Equipment </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 6 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 31,822 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 7,833 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (572 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 5,853 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 44,936 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 27.8481%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 20 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 7.8481%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 27,846 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 10.1266%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 7.46835%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 7.59494%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 8.86076%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 7.8481%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 27,846 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 27.8481%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,287,797 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 523,220 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (86,994 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 11,568 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,735,591 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 27.8481%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Accumulated amortization: </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 27.8481%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Real estate </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (256,430 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 46,282 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (697 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (271,130 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (481,975 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 27.8481%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Port area </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (3,962 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (3,962 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 27.8481%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Vehicles </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (27,492 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 5,509 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 232 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (41,340 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (63,091 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 27.8481%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Equipment </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (7,600 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 572 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,996 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (10,595 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (19,619 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 27.8481%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 7.8481%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (15,363 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.1266%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 7.46835%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 7.59494%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 8.86076%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,295 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 7.8481%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (16,658 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 27.8481%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72152%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.8481%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (306,885 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 10.1266%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.26582%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.46835%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 52,363 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.59494%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (2,461 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 8.86076%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (328,322 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.8481%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (585,305 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 27.8481%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net amount </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72152%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 7.8481%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,980,912 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 10.1266%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 523,220 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.26582%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 7.46835%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (34,631 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 7.59494%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 9,107 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 8.86076%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (328,322 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 7.8481%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,150,286 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div>
<div id="t_ft_JV9D42TOC000000000000000000000b">

</div>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">
<p style="margin: 0pt; text-align: justify;"><br/></p>
</div>
<div id="t_ft_9C44H22TN400000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 181px; text-indent: 0px;" width="100%">
<tbody>
<tr style="height: 10px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 22.3684%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Weighted average useful life (years) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1px solid #000000; height: 10px; width: 7.99595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Adoption IFRS 16 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 0.910931%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1px solid #000000; height: 10px; width: 8.09717%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Additions and remeasurement </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1px solid #000000; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Write-offs </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1px solid #000000; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Transfer </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1px solid #000000; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Effect of foreign currency exchange rate variation </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1px solid #000000; height: 10px; width: 7.99595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Amortization </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1px solid #000000; height: 10px; width: 7.99595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2019 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 22.3684%; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Cost: </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.89474%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.99595%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.910931%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.21457%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.09717%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01215%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.11336%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.89474%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01215%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.11336%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.89474%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.21457%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.89474%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01215%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.11336%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.99595%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01215%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.11336%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.99595%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01215%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 22.3684%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Real estate </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 7 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,636,330 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.910931%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.09717%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 308,622 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (55,605 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 98,043 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 80,930 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,068,320 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 22.3684%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-size: 10pt;"> Port area (i) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 0.910931%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 8.09717%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 68,007 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 68,007 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 22.3684%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 4 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 95,097 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.910931%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 8.09717%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 26,235 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,981 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 27,847 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 4,272 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 151,470 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 22.3684%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,731,427 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 0.910931%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 8.09717%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 402,864 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (57,586 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 125,890 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 85,202 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,287,797 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 22.3684%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Accumulated amortization: </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.910931%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.09717%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 22.3684%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Real estate </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 0.910931%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 8.09717%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 6,682 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 36 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (262,750 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (256,032 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 22.3684%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.910931%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 8.09717%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 442 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (14,068 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 81 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (37,308 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (50,853 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 22.3684%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 0.910931%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px; width: 8.09717%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 7,124 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (14,068 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 117 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (300,058 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (306,885 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 22.3684%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net amount </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; height: 18px; width: 7.99595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,731,427 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 18px; width: 0.910931%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; height: 18px; width: 8.09717%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 402,864 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; height: 18px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (50,462 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.01215%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; height: 18px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 111,822 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.21457%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; height: 18px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 85,319 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; height: 18px; width: 7.99595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (300,058 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.01215%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.11336%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; height: 18px; width: 7.99595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,980,912 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.01215%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">(</span><span style="font-family: 'Times New Roman';">i</span><span style="font-family: 'Times New Roman';">) Refers to the area port lease, which R$ 68,007 was paid by the Company&#8217;s subsidiaries in the fourth quarter of <span style="border-left: none; border-right: none;">2019</span>.</span></span></p>
</div>
<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfAdditionalInformationAboutLeasingActivitiesForLesseeExplanatory', window );">Summary of Changes in Lease Payables</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The changes in leases </span><span style="font-family: 'Times New Roman';">payable </span><span style="font-family: 'Times New Roman';">are shown below:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_VRUHNTVL3K00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 396px; text-indent: 0px;" width="100%">
<tbody>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 87%; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2018 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 46,066 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.49701%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Adoption IFRS 16 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,363,803 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Interest accrued </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 128,996 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Payments </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (321,716 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Additions and remeasurement </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 334,857 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Write-offs </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (52,129 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Effect of foreign currency exchange rate variation </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px; margin: 0px; text-indent: 0px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 88,796 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2019 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,588,673 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Interest accrued </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 144,655 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Payments </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (360,787 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Additions and remeasurement </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 484,121 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Write-offs </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (35,381 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Effect of foreign currency exchange rate variation </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 12,007 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Assignment of contract </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px; margin: 0px; text-indent: 0px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"> - </p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px; margin: 0px; text-indent: 0px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,833,288 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Interest accrued </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 147,494 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom-width: 1px; width: 87%;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Payments </span><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman'; vertical-align: super;">(</span><span style="font-family: 'Times New Roman'; vertical-align: super;">i</span><span style="font-family: 'Times New Roman'; vertical-align: super;">)</span></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (440,574 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 1.49701%;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Additions and remeasurement </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 288,711 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Write-offs </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (83,157 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Effect of foreign currency exchange rate variation </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 16,264 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom-width: 1px; width: 87%;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Reclassification to liabilities held for sale </span><span style="font-family: 'Times New Roman'; vertical-align: super; font-size: 8pt;">(ii)</span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (413,715 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 1.49701%;">)</td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px; margin: 0px; text-indent: 0px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,348,311 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; width: 1.49701%;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 188,832 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px; width: 1.49701%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Non-current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,159,479 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-size: 8pt;"><sup><span style="font-family: 'Times New Roman'; vertical-align: super;">(i)</span></sup></span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Includes the amount of R$ 29,237 paid by subsidiary Tequimar Vila do Conde related to port concession grants.</span></span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; vertical-align: super; font-size: 8pt;">(ii)</span><span style="font-family: 'Times New Roman';"> For further information. see Note 3.c.1.</span></span></p>
<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsExplanatory', window );">Summary of Maturities of Lease Payments of Operating Lease</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The future disbursements (installments) assumed under </span><span style="font-family: 'Times New Roman';">leases</span><span style="font-family: 'Times New Roman';"> contracts are presented below:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_011B9S3RLC00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 12.75pt; background-color: #ffffff;">
<td colspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom-width: 1px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; border-bottom: 1px solid #000000; background-color: #ffffff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom-width: 1px;"><br/></td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 87%; border-bottom-width: 1px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Up to 1 year </span></p>
</td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%; border-bottom-width: 1px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 304,007 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; width: 1%; border-bottom-width: 1px;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom-width: 1px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> From 1 to 2 years </span></p>
</td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 264,224 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px;"><br/></td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> From 2 to 3 years </span></p>
</td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 241,323 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom-width: 1px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> From 3 to 4 years </span></p>
</td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 218,157 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px;"><br/></td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> From 4 to 5 years </span></p>
</td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 152,671 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom-width: 1px;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> More than 5 years </span></p>
</td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 965,220 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;"><br/></td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total </span></p>
</td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,145,602 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfMaturityAnalysisOfWeightedAverageDiscountRatesForLeasePayableTableTextBlock', window );">Schedule of weighted average discount rates for the lease payable by maturity period</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The weighted average discount rates for the lease contracts </span><span style="font-family: 'Times New Roman';">of the Company </span><span style="font-family: 'Times New Roman';">are</span><span style="font-family: 'Times New Roman';">:&#160;&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_JV9A1D6FZK00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 99.8338%; height: 102px;" width="100%">
<tbody>
<tr style="height: 17px;">
<td colspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Contracts for maturity date and discount rate </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Maturity date of the contracts</span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Discount rates (% p.a.) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 50%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Up to 5 years </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 49%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 6.92 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> From 6 to 10 years </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 7.12 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> From 11 to 15 years </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 7.35 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> More than 15 years </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 8.18 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfLeasesContractOfLowAssetValueExplanatoryTableTextBlock', window );">Details About&#160;Lease Contracts of Low Amount Assets</a></td>
<td class="text"><span style="font-family: 'Times New Roman';">The future disbursements (</span><span style="font-family: 'Times New Roman';">payments</span><span style="font-family: 'Times New Roman';">), assumed </span><span style="font-family: 'Times New Roman';">as a result of</span><span style="font-family: 'Times New Roman';"> these contracts amount approximately to:</span>
<table cellpadding="0" style="border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 22.7pt; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Up to 1 year </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Between 1 and 5 years </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"><br/></td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 58%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 124 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 994 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,118 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 1%; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,147 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 6,145 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 7,292 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
</tr>
</tbody>
</table>
<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfAdditionalInformationAboutLeasingActivitiesForLesseeExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of additional information about leasing activities of a lessee.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 59<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_59&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfAdditionalInformationAboutLeasingActivitiesForLesseeExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of a maturity analysis of operating lease payments. Operating lease is a lease that does not transfer substantially all the risks and rewards incidental to ownership of an underlying asset.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 97<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_97&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of quantitative information about right-of-use assets. [Refer: Right-of-use assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 53<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_53&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PresentationOfLeasesForLesseeAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PresentationOfLeasesForLesseeAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147279140744">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Property, Plant, and Equipment (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
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<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentAbstract', window );"><strong>Disclosure of detailed information about property, plant and equipment [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory', window );">Balances and changes in property, plant, and equipment</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Balances and changes in </span><span style="font-family: 'Times New Roman';">PP&amp;E</span><span style="font-family: 'Times New Roman';"> are as follows:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 12pt;">&#160;</span></p>
<div id="t_ft_XMFO3SIGAO00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 298px; text-indent: 0px;" width="100%">
<tbody>
<tr style="height: 34px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 34px; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 12pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Weighted average useful life (years) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2020 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Additions </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Depreciation </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">Transfer </span><sup><span style="font-family: 'Times New Roman'; font-weight: bold; vertical-align: super;">(</span></sup><sup><span style="font-family: 'Times New Roman'; font-weight: bold; vertical-align: super;">i</span></sup><sup><span style="font-family: 'Times New Roman'; font-weight: bold; vertical-align: super;">) (ii)</span></sup></span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Write-offs and disposals </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Effect of foreign currency exchange rate variation </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">Reclassified to assets held for sale</span><sup><span style="font-family: 'Times New Roman'; font-weight: bold; vertical-align: super;">&#160;</span></sup><sup><span style="font-family: 'Times New Roman'; font-weight: bold; vertical-align: super;">(iii)</span></sup></span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2021 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Cost: </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 22%; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Land </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; width: 7%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 7%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 687,108 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 7%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,424 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 7%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 7%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 7%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (17,503 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 7%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,416 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 7%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (65,151 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 7%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 610,294 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Buildings </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 33 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,154,710 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 47,920 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 119,748 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (34,925 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 26,997 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (827,729 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,486,721 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Leasehold improvements </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 10 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,222,822 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 21,944 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 136,206 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (31,587 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 30 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (293,236 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,056,179 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Machinery and equipment </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 12 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 6,498,362 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 161,071 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 558,197 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (13,811 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 93,412 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (4,272,654 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,024,577 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 38px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 38px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Automotive fuel/lubricant distribution equipment and facilities </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 13 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,169,320 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 88,112 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 33,794 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (45,640 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,245,586 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> LPG tanks and bottles </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 9 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 776,479 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 91,842 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,567 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (28,957 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 840,931 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Vehicles </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 8 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 310,836 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 19,054 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 11,634 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (25,949 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 82 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (27,418 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 288,239 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Furniture and utensils </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 8 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 316,712 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 33,644 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,277 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (14,614 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,296 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (171,223 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 168,092 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> IT equipment </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 5 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 444,844 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 28,350 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 901 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (11,998 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 705 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (132,427 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 330,375 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 22px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 22px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Construction in progress </span><sup><span style="font-family: 'Times New Roman'; vertical-align: super;">(ii)</span></sup></span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 580,695 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 797,674 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (829,245 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (301 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,290 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (99,865 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 452,248 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Advances to suppliers </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 34,642 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 21,985 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (18,894 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (23,452 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 14,281 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Imports in progress </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 866 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 4,312 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (4,631) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 38 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (404 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 181 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 16,197,396 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,318,332 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 11,554 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (225,285 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 129,266 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (5,913,559 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 11,517,704 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<div>

</div>
<p style="font-size: 11pt; line-height: 115%; text-align: justify; margin: 0px; text-indent: 0px;"><br/></p>
<div id="t_ft_CZWMALA3EO00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 99.9987%; height: 422px; text-indent: 0px;" width="100%">
<tbody>
<tr style="height: 31px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 31px; border-bottom-width: 1px; width: 17.5857%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 12pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 31px; border-bottom-width: 1px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 12pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2020 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.04769%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Additions </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.94188%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Depreciation </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 7.1535%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">Transfer </span><sup><span style="font-family: 'Times New Roman'; font-weight: bold; vertical-align: super;">(</span></sup><sup><span style="font-family: 'Times New Roman'; font-weight: bold; vertical-align: super;">i</span></sup><sup><span style="font-family: 'Times New Roman'; font-weight: bold; vertical-align: super;">) (ii)</span></sup></span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 7.45156%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Write-offs and disposals </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 7.30253%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Effect of foreign currency exchange rate variation </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 10.8793%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">Reclassified to assets held for sale</span><sup><span style="font-family: 'Times New Roman'; font-weight: bold; vertical-align: super;">&#160;</span></sup><sup><span style="font-family: 'Times New Roman'; font-weight: bold; vertical-align: super;">(iii)</span></sup></span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2021 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 17.5857%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Accumulated depreciation: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.5857%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Buildings </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.93741%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.79285%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (851,397 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.04769%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.94188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (68,388 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.745156%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.1535%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (94 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.45156%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 23,031 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.30253%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (6,872 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.745156%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.8793%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 317,874 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.49031%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.745156%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.79285%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (585,846 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 17.5857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Leasehold improvements </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (689,161) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (81,976 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 81 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 27,519 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (37 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 170,021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (573,553 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 17.5857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Machinery and equipment </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; border-bottom-width: 1px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (3,598,304 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (356,637 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 11,717 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (21,651 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,206,474 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,758,401 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 34px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 34px; border-bottom-width: 1px; width: 17.5857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Automotive fuel/lubricant distribution equipment and facilities </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 34px; border-bottom-width: 1px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,906,953 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (178,110 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (311 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 34,841 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (2,050,533 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 17.5857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> LPG tanks and bottles </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; border-bottom-width: 1px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (454,651 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (62,558 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 18,899 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (498,310 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 17.5857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Vehicles </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (143,854 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (22,927 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 195 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 15,480 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (20 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 17,977 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (133,149 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 17.5857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Furniture and utensils </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; border-bottom-width: 1px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (191,713 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (23,594 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 24 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 14,443 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (817 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 89,369 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (112,288 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 17.5857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> IT equipment </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (352,256 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (35,614 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 317 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 11,489 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (435 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 106,965 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (269,534 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 17.5857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; border-bottom-width: 1px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (8,188,289 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (829,804 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 212 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 157,419 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (29,832 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,908,680 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (5,981,614 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 17.5857%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Provision for losses: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 17.5857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Land </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; border-bottom-width: 1px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (146 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (146 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 17.5857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Leasehold improvements </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (61 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (43,666 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (3 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 43,712 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (18 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.5857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Machinery and equipment </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (2,857 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (839 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 6 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (45 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,446 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,289 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 34px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 17.5857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Automotive fuel/lubricant distribution equipment and facilities </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 34px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (73 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 27 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (46 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.5857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Vehicles </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (160 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 160 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 17.5857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Furniture and utensils </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (14,887 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 14,887 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.5857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> IT equipment </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,660 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,660 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 17.5857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Advances to suppliers </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (110 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 110 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.5857%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (3,247 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (61,212 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 33 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (48 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 62,975 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49031%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,499 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 17.5857%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net amount </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.93741%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 8,005,860 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; width: 8.04769%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,257,120 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; width: 8.94188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (829,804 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; width: 7.1535%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 11,766 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; width: 7.45156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (67,833 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; width: 7.30253%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 99,386 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; width: 10.8793%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (2,941,904 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49031%;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; width: 8.79285%;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 5,534,591 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';"><br/></span></span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">(i) Refers to </span><span style="font-family: 'Times New Roman';">R</span><span style="font-family: 'Times New Roman';">$ </span><span style="font-family: 'Times New Roman';">169</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">transferred </span><span style="font-family: 'Times New Roman';">to</span><span style="font-family: 'Times New Roman';"> intangible assets.</span></span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">(ii) Includes R$ </span><span style="font-family: 'Times New Roman';">11,935</span><span style="font-family: 'Times New Roman';"> transferred</span><span style="font-family: 'Times New Roman';"> from right-of-use</span><span style="font-family: 'Times New Roman';"> assets</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(iii) <span style="border-right: none; border-left: none;">For further information, see Note 3.c.1.</span></span></p>
<div>

</div>
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"><br/></span></p>
<div id="t_ft_Y1C68Q6NY800000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 311px; text-indent: 0px;" width="100%">
<tbody>
<tr style="height: 56px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 56px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Weighted average useful life (years) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 56px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2019 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 56px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Additions </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 56px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Depreciation </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 56px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Transfer (i) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 56px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Write-offs and disposals </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 56px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Effect of foreign currency exchange rate variation </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 56px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2020 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Cost: </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 23%; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Land </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; width: 8%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 667,865 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 21,300 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,113 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (14,427 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 10,257 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 687,108 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Buildings </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 32 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,925,946 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 25,572 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 148,527 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (27,210 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 81,875 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,154,710 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Leasehold improvements </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 9 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,121,528 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 28,374 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 89,559 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (16,954 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 315 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,222,822 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Machinery and equipment </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 13 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 5,707,721 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 144,089 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 378,883 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (5,554 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 273,223 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 6,498,362 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 34px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Automotive fuel/lubricant distribution equipment and facilities </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 13 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,991,472 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 90,279 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 133,963 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (46,394 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,169,320 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> LPG tanks and bottles </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 10 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 755,460 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 65,230 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 289 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (44,500 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 776,479 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Vehicles </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 8 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 320,161 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 22,495 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 8,363 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (40,517 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 334 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 310,836 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Furniture and utensils </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 9 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 295,604 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 13,985 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 6,775 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (3,694 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 4,042 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 316,712 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Construction in progress </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 827,086 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 506,367 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (765,785 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,167 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 14,194 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 580,695 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Advances to suppliers </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 12,544 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 28,339 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (6,185 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (56 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 34,642 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Imports in progress </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 250 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,437 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (822 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 866 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> IT equipment </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 5 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 412,809 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 32,134 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 539 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (2,827 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,189 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 444,844 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 15,038,446 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 979,601 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (3,781 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (203,300 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 386,430 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 16,197,396 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<div>

</div>
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 12pt;"><br/></span></p>
<div id="t_ft_JI06Y7WR4000000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 374px;" width="100%">
<tbody>
<tr style="height: 57px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2019 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Additions </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Depreciation </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Transfer (i) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Write-offs and disposals </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Effect of foreign currency exchange rate variation </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Accumulated depreciation: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 30%; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Buildings </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; width: 1%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (793,835 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (65,318 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,376 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 20,021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (14,641 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (851,397 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Leasehold improvements </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (614,379 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (80,995 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 49 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 6,252 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (88 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (689,161 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Machinery and equipment </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (3,231,627 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (317,694 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 59 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 4,091 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (53,133 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (3,598,304 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 22px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 22px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Automotive fuel/lubricant distribution equipment and facilities </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 22px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,766,878 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (176,404 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (6 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 36,335 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,906,953 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> LPG tanks and bottles </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (425,554 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (56,267 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (30 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 27,200 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (454,651 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Vehicles </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (139,045 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (24,585 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 48 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 19,997 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (269 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (143,854 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Furniture and utensils </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (171,475 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (21,060 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 7 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,988 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (2,173 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (191,713 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> IT equipment </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (318,063 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (35,080 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 122 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,676 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,911 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (352,256 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (7,460,856 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (777,403 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,625 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 119,560 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (72,215 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (8,188,289 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Provision for losses: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Advances to suppliers </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (110 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (110 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Land </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (146 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (146 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Leasehold improvements </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,599 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 910 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 639 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (11 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (61 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Machinery and equipment </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (2,875 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 156 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (138 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (2,857 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 23px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 23px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Automotive fuel/lubricant distribution equipment and facilities </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 23px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 23px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (98 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 23px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 23px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 23px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 23px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 23px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 23px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 23px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 23px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 23px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 23px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 23px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 23px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 25 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 23px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 23px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 23px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 23px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 23px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 23px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (73 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 23px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (4,828 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 910 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 820 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (149 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (3,247 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net amount </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 7,572,762 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 980,511 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (777,403 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,156 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (82,920 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 314,066 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 8,005,860 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(i) Refers to amounts transferred between items and to intangible assets.</span></p>
<div>

</div>
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 12pt;"><br/></span></p>
<div id="t_ft_2X39FA40G000000000000000000000b">
<table cellpadding="0" style="height: 335px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px; margin-left: 0.1px;" width="100%">
<tbody>
<tr style="height: 69px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 69px;">
<p style="margin: 0pt; text-align: center;"><br/></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Weighted average useful life (years) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2018 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Additions </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Depreciation </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Transfer (i) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Write-offs and disposals </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Effect of foreign currency exchange rate variation </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Oxiteno Andina (*) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/30/2019 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 22%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Cost: </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Land </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 620,879 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 43,420 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 4,785 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (2,017 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,059 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (261 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 667,865 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Buildings </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 32 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,801,073 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 18,117 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 105,861 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (4,339 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 7,023 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,789 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,925,946 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Leasehold improvements </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 10 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,015,640 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 19,191 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 129,234 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (42,552 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 15 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,121,528 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Machinery and equipment </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 13 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 5,219,256 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 131,831 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 365,953 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (4,967 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 9,596 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (13,948 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 5,707,721 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 45px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 45px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Automotive fuel/lubricant distribution equipment and facilities </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 45px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 14 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,864,333 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 103,288 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 81,038 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (57,187 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,991,472 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> LPG tanks and bottles </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 10 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 743,016 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 65,351 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (6,993 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (45,914 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 755,460 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Vehicles </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 7 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 308,756 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 24,686 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 7,564 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (20,353 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (394 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (98 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 320,161 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Furniture and utensils </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 9 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 279,016 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 15,009 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 4,399 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (2,665 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 198 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (353 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 295,604 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Construction in progress </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 922,799 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 591,525 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (695,301 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (108 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 8,344 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (173 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 827,086 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Advances to suppliers </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 14,088 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 7,378 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (8,921 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 12,544 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Imports in progress </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 41 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 9,513 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (9,304 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 250 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> IT equipment </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 5 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 395,063 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 21,771 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 872 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (5,249 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 352 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 412,809 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 14,183,960 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,051,080 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (20,813 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (185,351 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 26,192 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (16,622 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 15,038,446 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<div>

</div>
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><br/></p>
<div id="t_ft_Q5J92B7J1C00000000000000000000b">
<table cellpadding="0" style="height: 458px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px; margin-left: 0.1px;" width="100%">
<tbody>
<tr style="height: 51px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><br/></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; border-bottom: 1px solid #000000; width: 8.83191%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2018 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; border-bottom: 1px solid #000000; width: 8.26211%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Additions </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; border-bottom: 1px solid #000000; width: 9.40171%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Depreciation </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; border-bottom: 1px solid #000000; width: 6.69516%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Transfer (i) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; border-bottom: 1px solid #000000; width: 6.98006%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Write-offs and disposals </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; border-bottom: 1px solid #000000; width: 7.12251%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Effect of foreign currency exchange rate variation </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; border-bottom: 1px solid #000000; width: 6.26781%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Oxiteno Andina (*) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; border-bottom: 1px solid #000000; width: 8.83191%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2019 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.43062%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Accumulated depreciation: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Buildings </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (743,117 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (58,158 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 187 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 4,681 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 893 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,679 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (793,835 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Leasehold improvements </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (558,042 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (84,664 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,040 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 26,291 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (4 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (614,379 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Machinery and equipment </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (2,969,209 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (298,767 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,983 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,510 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 16,340 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 13,516 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (3,231,627 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 34px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Automotive fuel/lubricant distribution equipment and facilities </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 34px; background-color: #cceeff; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,657,608 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (159,961 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 50,691 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,766,878 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.43062%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> LPG tanks and bottles </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (401,056 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (57,890 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 4,467 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 28,925 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (425,554 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Vehicles </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (123,650 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (27,106 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 28 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 11,274 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 311 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 98 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (139,045 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Furniture and utensils </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (155,339 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (18,944 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (12 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,280 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 204 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 336 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (171,475 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> IT equipment </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 8.83191%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (288,083 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 8.26211%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 9.40171%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (34,782 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 6.69516%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 50 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 6.98006%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 5,061 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 7.12251%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (309 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 6.26781%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#8208; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 8.83191%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (318,063 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Construction in progress </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 8.83191%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (6,896,104 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 8.26211%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 9.40171%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (740,272 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 6.69516%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 9,743 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 6.98006%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 132,713 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 7.12251%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 17,435 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 6.26781%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 15,629 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 8.83191%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (7,460,856 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Provision for losses: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Advances to suppliers </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (83 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (27 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (110 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Buildings </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (306 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 306 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Land </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (827 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 681 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (146 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Leasehold improvements </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,385 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,528 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 111 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,203 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,599 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 33px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Machinery and equipment </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 33px; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (6,117 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 769 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,138 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,335 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (2,875 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.43062%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 34px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Automotive fuel/lubricant distribution equipment and facilities </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 34px; background-color: #cceeff; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (165 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 67 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (98 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.43062%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Construction in progress </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (38 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 38 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Furniture and utensils </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 8.83191%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (70 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 8.26211%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 9.40171%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 6.69516%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 6.98006%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 7.12251%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 6.26781%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 69 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 8.83191%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 14.245%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.7094%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 8.83191%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (8,991 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 8.26211%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,555 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 9.40171%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 6.69516%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 6.98006%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 948 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 7.12251%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,341 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 6.26781%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,429 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 8.83191%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (4,828 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 14.245%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net amount </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.7094%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 8.83191%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 7,278,865 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 8.26211%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,049,525 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 9.40171%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (740,272 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 6.69516%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (11,070 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 6.98006%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (51,690 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px;"><span style="font-size: 10pt;">)</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 7.12251%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 45,968 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 6.26781%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,436 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 8.83191%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 7,572,762 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 12pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">(i) Refers to amounts transferred to intangible assets, inventories and right</span><span style="font-family: 'Times New Roman';">-of-</span><span style="font-family: 'Times New Roman';">use assets.</span></span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(*) Refers to the asset write-offs of Oxiteno Andina.</span></p>
<span></span>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of detailed information about property, plant and equipment. [Refer: Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 73<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_73&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147282393192">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Intangible Assets (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsAbstract', window );"><strong>Disclosure of detailed information about intangible assets [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
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<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory', window );">Balances and changes in intangible assets</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Balances and changes in intangible assets are as follows:&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div style="border-left: none; border-right: none;">
<table cellpadding="0" style="height: 434px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 70px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 70px; width: 17.7515%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; width: 6.6568%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Weighted average useful life (years) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; border-bottom: 1px solid #000000; width: 8.72781%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; border-bottom: 1px solid #000000; width: 7.10059%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Additions </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; border-bottom: 1px solid #000000; width: 9.1716%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Amortization </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.887574%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; border-bottom: 1px solid #000000; width: 5.76923%;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-family: 'times new roman', times;"><span style="font-weight: bold;"> Transfer (i)</span> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; border-bottom: 1px solid #000000; width: 7.24852%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Write-offs and disposals </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.887574%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; border-bottom: 1px solid #000000; width: 6.50888%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Effect of foreign currency exchange rate variation </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.8285%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; border-bottom: 1px solid #000000; width: 10.6509%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Reclassification to assets held for sale (ii) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.919118%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; border-bottom: 1px solid #000000; width: 8.13609%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.97561%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Cost: </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.72781%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.10059%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.1716%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.76923%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.24852%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.50888%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.6509%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.13609%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 17.7515%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Goodwill (a) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.6568%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.72781%; text-align: right; border-bottom-width: 1px;"><span style="border-left: none; border-right: none;">1,525,088</span></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.10059%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.1716%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.76923%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.24852%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.50888%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.8285%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.6509%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (706,992 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.919118%; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.13609%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 818,096 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.97561%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Software (b) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 4 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.72781%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,395,046 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.10059%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 284,311 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.1716%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.76923%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 372 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.24852%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (19,826 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.50888%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,808 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.6509%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (514,731 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.13609%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,146,980 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 17.7515%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Technology (c) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.6568%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.72781%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 32,617 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.10059%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.1716%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.76923%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.24852%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.50888%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.8285%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.6509%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (32,617 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.919118%; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.13609%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.97561%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Distribution rights </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 12 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.72781%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 133,599 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.10059%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.1716%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.76923%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.24852%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.50888%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.6509%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (19,006 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.13609%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 114,593 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 17.7515%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Brands (d) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.6568%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.72781%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 136,962 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.10059%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.1716%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.76923%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.24852%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.50888%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 4,759 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.8285%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.6509%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (72,523 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.919118%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.13609%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 69,198 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.97561%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Trademark rights (d) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 39 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.72781%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 114,792 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.10059%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.1716%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.76923%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.24852%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.50888%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.6509%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.13609%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 114,792 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 17.7515%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Others (e) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 6.6568%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 10 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 8.72781%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 50,698 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.10059%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,678 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 9.1716%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 5.76923%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.24852%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 6.50888%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (76 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.8285%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 10.6509%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (51,879 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.919118%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 8.13609%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 421 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.97561%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Decarbonization credits (f) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.72781%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.10059%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 176,837 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.1716%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.76923%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.24852%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (176,837 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.50888%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.6509%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.13609%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 17.7515%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.6568%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 8.72781%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,388,802 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 7.10059%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 462,826 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 9.1716%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 5.76923%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 372 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 7.24852%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (196,663 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 6.50888%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 6,491 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.8285%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 10.6509%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,397,748 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.919118%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 8.13609%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,264,080 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.97561%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Accumulated amortization: </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.72781%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.10059%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.1716%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.76923%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.24852%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.50888%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.6509%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.13609%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 17.7515%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Software </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.6568%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.72781%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (825,024 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.10059%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.1716%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (206,025 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.76923%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (203 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.24852%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 19,329 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.50888%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,566 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.8285%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.6509%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 334,087 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.919118%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.13609%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (679,402 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.97561%;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Technology </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.72781%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (32,616 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.10059%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.1716%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.76923%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.24852%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.50888%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.6509%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 32,616 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.13609%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 17.7515%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Distribution rights </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.6568%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.72781%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (113,326 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.10059%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.1716%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (3,093 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.76923%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.24852%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.50888%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.8285%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.6509%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 15,392 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.919118%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.13609%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (101,027 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.97561%;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Trademark rights </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.72781%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (9,056 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.10059%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.1716%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (2,937 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.76923%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.24852%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.50888%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.6509%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.13609%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (11,993 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 17.7515%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.6568%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.72781%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (32,845 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.10059%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.1716%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (167 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.76923%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.24852%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.50888%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (2 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.8285%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.6509%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 32,612 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.919118%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.13609%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (402 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.97561%;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 8.72781%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,012,867 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 7.10059%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 9.1716%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (212,222 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 5.76923%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (203 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 7.24852%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 19,329 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 6.50888%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,568 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 10.6509%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 414,707 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 8.13609%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (792,824 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;">)</td>
</tr>
<tr style="height: 13px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 17.7515%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Provision for losses and impairment: </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 6.6568%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 8.72781%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 7.10059%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 9.1716%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.887574%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 5.76923%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 7.24852%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.887574%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 6.50888%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.8285%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 10.6509%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.919118%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 8.13609%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.97561%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Goodwill (a) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.72781%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (593,280 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.10059%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (68,273 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.1716%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.76923%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.24852%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.50888%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.6509%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 661,553 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.13609%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 17.7515%; border-bottom-width: 1px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Distribution rights </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.6568%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.72781%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.10059%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (76,218 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.1716%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.76923%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.24852%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.50888%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.8285%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.6509%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 76,218 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.919118%; border-bottom-width: 1px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.13609%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.97561%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 8.72781%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (593,280 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 7.10059%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (144,491 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 9.1716%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 5.76923%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 7.24852%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 6.50888%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 10.6509%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 737,771 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 8.13609%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 17.7515%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Net amount </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 6.6568%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 8.72781%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,782,655 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 7.10059%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 318,335 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 9.1716%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (212,222 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.887574%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 5.76923%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 169 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.47929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 7.24852%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (177,334 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.887574%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 6.50888%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 4,923 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.8285%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 10.6509%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (245,270 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.919118%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.739645%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 8.13609%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,471,256 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.97561%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><br/></span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">(i) Refers to amounts transferred from PP&amp;E.</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">(ii) <span style="border-left: none; border-right: none;">For further information, see Note <span style="border-left: none; border-right: none;">3</span>.c.<span style="border-left: none; border-right: none;">1</span>.</span></span></p>

<p style="margin: 2pt 0pt 0pt; text-align: justify;"><br/></p>
<div style="border-left: none; border-right: none;">
<table cellpadding="0" style="height: 431px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 37px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 37px; width: 16.035%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Weighted average useful life (years) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 37px; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2019 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 37px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Additions </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 37px; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Amortization </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 37px; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt; font-family: 'times new roman', times;"><span style="font-weight: bold;"> Transfer (i)</span> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 37px; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Write-offs and disposals </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 37px; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Effect of foreign currency exchange rate variation </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 37px; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2020 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Cost: </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.035%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Goodwill (a) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,525,088 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,525,088 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Software (b) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 4 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,210,529 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 184,027 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 993 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (6,633 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 6,130 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,395,046 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.035%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Technology (c) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 32,617 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 32,617 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Commercial property rights </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 7,934 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (7,934 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.035%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Distribution rights </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 10 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 133,599 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 133,599 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Brands (d) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 122,504 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 14,458 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 136,962 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.035%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Trademark rights (d) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 39 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 114,792 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 114,792 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Others (e) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 10 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 44,900 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,040 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 4,758 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 50,698 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.035%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Decarbonization credits (f) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 125,345 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,058 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (124,287 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 8.30904%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,191,963 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7.72595%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 310,412 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 10.2041%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 6.41399%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (65 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7.28863%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (138,854 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7.4344%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 25,346 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 8.60058%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,388,802 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.035%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Accumulated amortization: </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Software </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (648,861 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (175,144 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,375 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (4,394 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (825,024) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.035%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Technology </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (32,616 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (32,616 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Commercial property rights </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (6,384 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (85 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 6,469 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; text-align: left; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.035%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Distribution rights </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (108,932 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (4,394 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (113,326 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; text-align: left; width: 1.31195%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Trademark rights </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (6,119 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (2,937 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (9,056 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; text-align: left; width: 1.31195%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.035%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (32,713 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (121 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (11 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (32,845 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; text-align: left; width: 1.31195%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 8.30904%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (835,625 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7.72595%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 10.2041%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (182,681 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 6.41399%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7.28863%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 9,844 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7.4344%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (4,405 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 8.60058%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,012,867 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; text-align: left; width: 1.31195%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 16.035%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Provision for losses and impairment: </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; text-align: left; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Goodwill (a) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (593,280 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (593,280 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; text-align: left; width: 1.31195%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.035%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Commercial property rights </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (465 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 465 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; text-align: left; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 8.30904%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (593,745 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7.72595%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 10.2041%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 6.41399%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7.28863%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 465 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7.4344%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 8.60058%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (593,280 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; text-align: left; width: 1.31195%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 16.035%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Net amount </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 8.30904%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,762,593 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.45773%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 7.72595%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 310,412 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 10.2041%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (182,681 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.45773%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 6.41399%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (65 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31195%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.89504%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 7.28863%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (128,545 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31195%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 7.4344%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 20,941 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.74927%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 8.60058%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,782,655 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; width: 1.31195%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
</tbody>
</table>
</div>

<p style="margin: 2pt 0pt 0pt; text-align: justify;"><br/></p>
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">(i) Refers to amounts transferred to property, plant and equipment and prepaid expenses.</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><br/></p>
<div style="border-left: none; border-right: none;">
<table cellpadding="0" style="height: 469px; border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 70px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 70px; width: 11%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Weighted average useful life (years) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 70px; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2018 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 70px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Adoption IFRS 16 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 70px; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Additions </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 70px; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Amortization </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 70px; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt; font-family: 'times new roman', times;"><span style="font-weight: bold;"> Transfer (i)</span> </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 70px; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Write-offs and disposals </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 70px; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Effect of foreign currency exchange rate variation </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 70px; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt; font-family: 'times new roman', times; font-weight: bold;"> Oxiteno Andina (*) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 70px; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2019 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Cost: </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Goodwill (a) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="border-left: none; border-right: none;"> - </span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,525,088 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.25%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.125%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.25%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.25%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.125%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.25%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.125%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.125%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,525,088 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; width: 1.125%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Software (b) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,062,486 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 145,004 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,553 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (784 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,551 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (281 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,210,529 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Technology (c) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 5 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 32,617 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 32,617 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Commercial property rights </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 10 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 64,032 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (56,114 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,820 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,401 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (2,403 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 7,934 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Distribution rights </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 6 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 142,989 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,505 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (10,895 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 133,599 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Brands (d) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="border-left: none; border-right: none;"> - </span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 120,571 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,933 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 122,504 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Trademark rights (d) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 35 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 114,792 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 114,792 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Others (e) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 10 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 43,281 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,668 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (355 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 306 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 44,900 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 7.25%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,105,856 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 6.5%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (56,114 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 6.625%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 151,997 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 8.75%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 5.5%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (10,098 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 6.125%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (3,187 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 6.375%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,790 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 5.5%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (281 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 7.125%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,191,963 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Accumulated amortization: </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Software </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (537,438 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (110,088 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 13 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (611 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (998 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 261 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (648,861 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Technology </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (32,613 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (3 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (32,616 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 21px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 21px; width: 11%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Commercial property rights </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 21px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (23,931 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 16,186 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (848 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (669 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,878 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (6,384 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Distribution rights </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (106,597 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (6,511 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 4,176 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (108,932 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Trademark rights </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (3,182 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (2,937 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (6,119 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (32,740 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (105 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 136 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (4 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (32,713 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 7.25%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (736,501 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.5%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 16,186 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.625%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 8.75%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (120,492 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 5.5%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,656 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.125%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,267 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.375%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,002 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 5.5%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 261 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 7.125%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (835,625 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 20px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 11%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Provision for losses and impairment: </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Goodwill (a) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (593,280 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (593,280 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Commercial property rights </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (465 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (465 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 7.25%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.5%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.625%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (593,745 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 8.75%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 5.5%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.125%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.375%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 5.5%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 7.125%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (593,745 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 11%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Net amount </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,369,355 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.25%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (39,928 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (441,748 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (120,492 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (6,442 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (920 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.25%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,788 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (20 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.125%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,762,593 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.125%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">(i) Refers to amounts transferred to PP&amp;E and right-of-use assets.</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">(*) Refers to the asset write-offs of Oxiteno Andina.</span></p>
<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfGoodwillExplanatory', window );">Balance of the goodwill</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The balance of the goodwill is tested annually for impairment and is represented by the following acquisitions:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div style="border-left: none; border-right: none;">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 277px;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 60.8696%; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 12.0591%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Segment </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.47929%; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 0.984413%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.06645%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 60.8696%; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Goodwill on the acquisition of: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12.0591%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 0.984413%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 1.06645%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 60.8696%; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Extrafarma </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 12.0591%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Extrafarma </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 661,553 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.984413%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 661,553 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.06645%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 60.8696%; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Extrafarma &#8211; impairment (i) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12.0591%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Extrafarma </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (661,553 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.984413%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (593,280 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.06645%; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 60.8696%; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Extrafarma &#8211; net </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 12.0591%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Extrafarma </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.984413%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 68,273 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.06645%; height: 17px;"><br/></td>
</tr>
<tr style="height: 20px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 60.8696%; height: 20px;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Ipiranga (ii) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12.0591%; height: 20px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Ipiranga </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 20px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 276,724 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 20px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.984413%; height: 20px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 20px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 276,724 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.06645%; height: 20px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 60.8696%; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Uni&#227;o Terminais </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 12.0591%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Ultracargo </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 211,089 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.984413%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 211,089 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.06645%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 60.8696%; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Texaco </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12.0591%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Ipiranga </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 177,759 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.984413%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 177,759 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.06645%; height: 17px;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 60.8696%; height: 18px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Iconic (CBLSA) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 12.0591%; height: 18px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Ipiranga </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 69,807 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.984413%; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 69,807 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.06645%; height: 18px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 60.8696%; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Oxiteno Uruguay (iii) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12.0591%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Oxiteno </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.984413%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 44,856 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.06645%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 60.8696%; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Temmar </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 12.0591%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Ultracargo </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 43,781 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.984413%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 43,781 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.06645%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 60.8696%; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> DNP </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12.0591%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Ipiranga </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 24,736 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.984413%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 24,736 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.06645%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 60.8696%; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Repsol </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 12.0591%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Ultragaz </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 13,403 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.984413%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 13,403 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.06645%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 60.8696%; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> TEAS </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12.0591%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Ultracargo </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 797 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.984413%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 797 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.06645%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 60.8696%; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Others (iii) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 12.0591%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Oxiteno </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.984413%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 583 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.06645%; height: 17px;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 60.8696%; height: 18px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12.0591%; height: 18px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.977%; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 818,096 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.984413%; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.977%; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 931,808 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.06645%; height: 18px;"><br/></td>
</tr>
</tbody>
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</div>
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 9pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">(i) For further information, see Note <span style="border-left: none; border-right: none;">3</span>.a.</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">(ii) <span style="border-right: none; border-left: none;">Including R$ </span><span style="border-right: none; border-left: none;">246,163</span><span style="border-right: none; border-left: none;"> presented as goodwill at parent Company Ultrapar.</span></span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">(iii) For further information about reclassification, see Note <span style="border-left: none; border-right: none;">3</span>.c.<span style="border-left: none; border-right: none;">1</span>.</span></p>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of detailed information about intangible assets. [Refer: Intangible assets other than goodwill]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 38<br> -IssueDate 2021-01-01<br> -Paragraph 118<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=38&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_118&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of goodwill. [Refer: Goodwill]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 10<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147275113832">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Loans, financing, debentures and hedge derivative financial instruments (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsAbstract', window );"><strong>Disclosure of detailed information about borrowings [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory', window );">Summary of Compostion of loans</a></td>
<td class="text">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">a. Composition</span></p>
<p style="margin: 0pt; text-align: justify; font-family: 'times new roman', times; font-size: 5pt;"><span style="font-family: 'times new roman', times; font-size: 5pt;">&#160;</span></p>
<div id="t_ft_4QF04Z3ISG00000000000000000000b">
<table cellpadding="0" style="height: 476px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 35.6275%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Description </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.01215%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Index/ Currency </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Weighted average financial charges 12/31/2021 &#8211; % p.a. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Maturity </span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Foreign currency: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Notes in the foreign market (b) (*) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 7,821,441 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 7,267,687 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> US$ </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 5.3 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2026 to 2029 </span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Foreign loan (c<span style="border-left: none; border-right: none;">.1</span>) (*) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 735,438 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,047,644 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> US$ </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 4.0 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2023 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Foreign loan (c<span style="border-left: none; border-right: none;">.1</span>) (*) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 275,936 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 261,284 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="border-left: none; border-right: none;">US$ + LIBOR</span> <sup><sup><span style="vertical-align: super;">(<span style="border-left: none; border-right: none;">1</span>)</span></sup></sup></span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1.0 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2022 </span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Financial institutions (d) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 154,783 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> US$ </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2022 </span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Financial institutions (d) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 39,350 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 10pt; font-family: 'times new roman', times;">MX$<sup><sup><span style="vertical-align: super;">(<span style="border-left: none; border-right: none;">2</span>)</span></sup></sup></span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2021 </span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Financial institutions (d) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 312,200 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 10pt; font-family: 'times new roman', times;">US$ + LIBOR <sup><sup><span style="vertical-align: super;">(<span style="border-left: none; border-right: none;">1</span>)</span></sup></sup></span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2021 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Advances on foreign exchange contracts </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 105,579 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> US$ </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2021 </span></p>
</td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total foreign currency </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 8,832,815 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 9,188,527 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 18px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 35.6275%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Brazilian Reais: </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Debentures &#8211; CRA (f<span style="border-left: none; border-right: none;">.2</span>, f<span style="border-left: none; border-right: none;">.4</span> and f<span style="border-left: none; border-right: none;">.6</span>) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,063,788 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,037,602 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> DI </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 95.8 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2022 to 2023 </span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Debentures &#8211; 6&#170; issuance (f<span style="border-left: none; border-right: none;">.5</span>) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,764,199 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,734,113 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> DI </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 105.3 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2023 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Debentures &#8211; CRA (f<span style="border-left: none; border-right: none;">.2</span>, f<span style="border-left: none; border-right: none;">.4</span>, f<span style="border-left: none; border-right: none;">.6</span> and f<span style="border-left: none; border-right: none;">.10</span>) (*)&#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,940,237 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,000,824 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> IPCA </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 4.7 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2024 to 2028 </span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Debentures &#8211; Ipiranga (f<span style="border-left: none; border-right: none;">.1</span> and f<span style="border-left: none; border-right: none;">.3</span>) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 771,538 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,679,036 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> DI </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 105.0 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2022 </span></p>
</td>
</tr>
<tr style="height: 16px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 16px; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Debentures &#8211; Ultracargo Log&#237;stica and Tequimar Vila do Conde (f<span style="border-left: none; border-right: none;">.8</span> and f<span style="border-left: none; border-right: none;">.9</span>) (*) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 16px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 466,061 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 16px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 16px; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 16px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 16px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 16px; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 16px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> IPCA </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 16px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 4.1 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 16px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2028 </span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Banco do Brasil (e) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 204,813 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 407,420 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> DI </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 110.9 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2022 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Debentures &#8211; Ultracargo Log&#237;stica (f<span style="border-left: none; border-right: none;">.7</span>) (*) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 80,946 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 92,541 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 6.5 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2024 </span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Bank Credit Bill </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 51,179 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 50,692 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ + DI </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2.0 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2022 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Financial institutions (d) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 4,564 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2022 </span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> FINEP </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 326 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 29,803 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <span style="border-right: none; border-left: none;">TJLP<span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;(</span><span style="border-left: none; border-right: none;">3</span><span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></span></span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1.5) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2022 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Notes - Ultrapar (g<span style="border-left: none; border-right: none;">.1</span>) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,038,499 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ + DI </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2021 </span></p>
</td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total in Brazilian Reais </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 7,347,651 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 8,070,530 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 18px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total foreign currency and Brazilian Reais </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 16,180,466 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 17,259,057 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 18px; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Currency and interest rate hedging instruments (**) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> <span style="border-right: none; border-left: none;">197,177</span> </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 117,159 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 16,377,643 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 17,376,216 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 18px; width: 1.31579%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 11.9433%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,866,051 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,255,944 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 35.6275%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Non-current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 13,511,592 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 14,120,272 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.31579%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">(*) <span style="border-right: none; border-left: none;">These transactions were designated for hedge accounting (see Note <span style="border-left: none; border-right: none;">33</span>.h).</span></span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">(**) <span style="border-right: none; border-left: none;">Accumulated losses (see Note <span style="border-left: none; border-right: none;">33</span>.i).</span></span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;"><sup>(1)</sup>&#160;&#160;</span><span style="border-right: none; border-left: none;"><span style="border-right: none; border-left: none;"><span style="border-left: none; border-right: none;">LIBOR</span> = London Interbank Offered Rate.</span></span></span></p>
<p style="margin: 0pt 0pt 0pt 14.2pt; text-align: justify; text-indent: -14.2pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;"><sup><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(2)</span></sup> &#160;</span><span style="border-right: none; border-left: none;"><span style="border-right: none; border-left: none;">MX$ = Mexican Peso.</span></span></span></p>
<p style="margin: 0pt 0pt 0pt 14.2pt; text-align: justify; text-indent: -14.2pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;"><sup><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(3)</span></sup> &#160;</span><span style="border-right: none; border-left: none;"><span style="border-right: none; border-left: none;"><span style="border-right: none; border-left: none;">TJLP (Long-term Interest Rate) = set by the National Monetary Council, TJLP is the basic financing cost of Banco Nacional de Desenvolvimento Econ&#244;mico e Social (&#8220;BNDES&#8221;), the Brazilian Development Bank. On December 31, 2021, TJLP was fixed at </span></span><span style="border-left: none; border-right: none;"><span style="border-right: none; border-left: none;">5.32</span></span><span style="border-right: none; border-left: none;"><span style="border-right: none; border-left: none;">&#160; % p.a.</span></span></span></span></p>
<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfChangesInLoansDebenturesAndFinanceLeasesTableTextBlock', window );">Summary of Changes in Loans, Debentures and Finance Leases</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The changes in loans, financing, debentures and hedge derivative financial instruments are shown below:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_87SDZ3NEAO00000000000000000000b">
<table cellpadding="0" style="height: 425px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 75%; margin-left: auto; margin-right: auto;" width="75%">
<tbody>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 87%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Balance as of December 31, 2018 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 15,116,139 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> New loans and debentures with cash effect </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,105,737 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest accrued </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 845,844 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Principal payment </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (2,644,704 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest payment </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,469,780 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Monetary and exchange rate variation </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 296,441 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Change in fair value </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 113,060 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Balance as of December 31, 2019 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 14,392,722 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> New loans and debentures with cash effect </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,591,624 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest accrued </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 757,161 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Principal payment </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (2,795,002 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest payment </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (740,853 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Monetary and exchange rate variation </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,048,688 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Change in fair value </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 34,702 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Hedge result </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 87,174 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Balance as of December 31, 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 17,376,216 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> New loans and debentures with cash effect </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,462,220 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest accrued </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 801,102 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Principal payment </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (2,922,214 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest payment </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (749,043 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Monetary and exchange rate variation </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 800,749 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Change in fair value </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (229,657 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Hedge result </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 80,018 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Reclassification to liabilities held for sale (i) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (241,748 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Balance as of December 31, 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 16,377,643 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">(i) <span style="border-right: none; border-left: none;">For further information, see Note <span style="border-left: none; border-right: none;">3</span>.c.<span style="border-left: none; border-right: none;">1</span>.</span></span></p>
<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfPrincipalMaturityScheduleTableTextBlock', window );">Summary of Principal Maturity Schedule</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The long-term&#160; debt had the following principal maturity schedule:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_5496HQ9ZZK00000000000000000000b">
<table cellpadding="0" style="height: 120px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 85%; margin-left: auto; margin-right: auto;" width="85%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.8963%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 12.0352%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 12.0352%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 0.978474%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.8963%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> From 1 to 2 years </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0352%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,092,734 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0352%; background-color: #cceeff;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,702,626 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.8963%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> From 2 to 3 years </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0352%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 774,904 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0352%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,091,641 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.8963%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> From 3 to 4 years </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0352%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 270,401 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.978474%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.978474%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0352%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 784,778 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.978474%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.8963%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> From 4 to 5 years </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0352%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,056,499 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0352%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 231,271 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.8963%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> More than 5 years </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0352%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 6,317,054 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.978474%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.978474%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0352%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 7,309,956 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.978474%;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 72.8963%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 12.0352%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 13,511,592 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.978474%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.978474%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 12.0352%;">
<p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 14,120,272 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 0.978474%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfForeignLoanMaturityTableTextBlock', window );">Summary of Foreign Loan Maturity</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The foreign loans have the maturity distributed as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_OMKLZX40SG00000000000000000000b">
<table cellpadding="0" style="height: 95px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 58.8454%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Maturity </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9181%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> US$ </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11732%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.931099%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.1043%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> R$ </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.931099%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.931099%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.1043%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Cost in % of DI </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.8622%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 58.8454%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Charges <span style="font-size: 8pt;"><sup>(1)</sup></span></span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff; width: 11.9181%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 6,234 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff; width: 1.11732%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff; width: 0.931099%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff; width: 12.1043%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 34,786 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff; width: 0.931099%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff; width: 0.931099%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff; width: 12.1043%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff; width: 1.8622%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 58.8454%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Jun/2022 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 11.9181%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 50,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11732%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.931099%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 12.1043%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 279,025 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.931099%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.931099%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 12.1043%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 105.0 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.8622%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 58.8454%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Sep/2023 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 11.9181%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 60,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.11732%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 0.931099%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 12.1043%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 334,830 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 0.931099%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 0.931099%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 12.1043%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 105.0 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.8622%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 58.8454%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Sep/2023 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 11.9181%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 65,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11732%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.931099%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 12.1043%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 362,733 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.931099%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.931099%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 12.1043%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 104.8 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.8622%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 58.8454%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total / average cost </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 11.9181%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 181,234 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.11732%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 0.931099%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 12.1043%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,011,374 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 0.931099%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 0.931099%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 12.1043%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 104.9 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 1.8622%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><sup><sup><span style="font-family: 'Times New Roman'; font-size: 6pt; vertical-align: super;"> </span></sup></sup><span style="font-size: 10pt; font-family: 'times new roman', times;"><sup><sup><span style="vertical-align: super;">(1)</span></sup></sup> <span style="border-right: none; border-left: none;">Includes interest, transaction costs and fair value adjustments.</span></span></p>
<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfDebenturesTableTextBlock', window );">Summary of Debentures</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-weight: bold;">f</span><span style="font-weight: bold;">.</span><span style="font-weight: bold;">1</span> In May 2016 the subsidiary IPP carried out fourth issuance of public debentures, in one single series of 500 simple, nominative, registered debentures, nonconvertible into shares and unsecured, which main characteristics are as follows:&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_R7PIJ1M4Z400000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 102px;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Face value unit: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ 1,000,000.00 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Final maturity: </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> May 25, 2021 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of the face value: </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Annual as from May 2019 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest: </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 105.0% of DI </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest: </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Semiannually </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Reprice: </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Not applicable </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Subsidiary IPP paid in advance its fourth public issuance of debentures upon maturity.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-weight: bold;">f</span><span style="font-weight: bold;">.</span><span style="font-weight: bold;">2</span> In April 2017 the subsidiary IPP carried out its fifth issuance of debentures, in two series, being one of 660,139 and another of 352,361, simple, nonconvertible into shares, nominative, book-entry and unsecured debentures. The debentures have been subscribed by Eco Consult &#8211; Consultoria de Opera&#231;&#245;es Financeiras Agropecu&#225;rias Ltda. The proceeds from this issuance were used exclusively for the purchase of ethanol by subsidiary IPP.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The debentures were later assigned and transferred to Eco Securitizadora de Direitos Credit&#243;rios do Agroneg&#243;cio S.A. that acquired these agribusiness credit rights with the purpose to bind the issuance of Certificates of Agribusiness Receivables (CRA). The debentures have an additional guarantee from Ultrapar and the main characteristics of the debentures are as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_6AFNJAXQ7400000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 119px;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Amount: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 660,139 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Face value unit: </span></p>
</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ 1,000.00 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Final maturity: </span></p>
</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> April 18, 2022 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of the face value: </span></p>
</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Lump sum at final maturity </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest: </span></p>
</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> 95.0% of DI </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest: </span></p>
</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Semiannually </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Reprice: </span></p>
</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Not applicable </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="font-size: 11pt; line-height: 115%; margin: 2pt 0pt 10pt; text-align: justify;"><span style="font-family: Times; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_MOWS3Y145C00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 119px;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Amount: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 352,361 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Face value unit: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ 1,000.00 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Final maturity: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> April 15, 2024 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of the face value: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Lump sum at final maturity </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> IPCA + 4.68% </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Annually </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Reprice: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Not applicable </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The subsidiary IPP contracted hedging instruments subjected to IPCA variation, changing the debentures charges linked to&#160;IPCA to 93.9 % of DI. IPP designated these hedging instruments as fair value hedges; therefore, debentures and hedging instruments are both measured at fair value from inception, with changes in fair value recognized through profit or loss.</span></p>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<div>
<div id="t_ft_ITNOTPRVB400000000000000000000b">

</div>
</div>
<div style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff;">
<p style="margin: 0pt; text-align: justify;"><br/></p>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-weight: bold;">f</span><span style="font-weight: bold;">.</span><span style="font-weight: bold;">3</span> In July 2017 the subsidiary IPP carried out sixth issuance of public debentures, in one single series of 1,500,000 simple, nonconvertible into shares and unsecured debentures, which main characteristics are as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_XRQ5BEJ3SW00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 102px;" width="80%">
<tbody>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Face value unit: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ 1,000.00 </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Final maturity: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> July 28, 2022 </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of the face value: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Annual as from July 2021 </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 105.0% of DI </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Annually </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Reprice: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Not applicable </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-weight: bold;">f</span><span style="font-weight: bold;">.</span><span style="font-weight: bold;">4</span> In October 2017 the subsidiary IPP carried out its seventh issuance of debentures in the amount of R$ 944,077, in two series, being on of 730,384 and another of 213,693, simple, nonconvertible into shares, nominative, book-entry and unsecured debentures. The debentures have been subscribed by Vert Companhia Securitizadora. The proceeds from this issuance were used exclusively for the purchase of ethanol by subsidiary IPP.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The debentures were later assigned and transferred to Vert Cr&#233;ditos Ltda., that acquired these agribusiness credit rights with the purpose to bind the issuance of Certificates of Agribusiness Receivables (CRA). The financial settlement occurred on November 1, 2017. The debentures have an additional guarantee from Ultrapar and the main characteristics of the debentures are as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<div id="t_ft_X0I67TMIPS00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 119px;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Amount: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 730,384 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Face value unit: </span></p>
</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ 1,000.00 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Final maturity: </span></p>
</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> October 24, 2022 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of the face value: </span></p>
</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Lump sum at final maturity </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest: </span></p>
</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> 95.0% of DI </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest: </span></p>
</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Semiannually </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Reprice: </span></p>
</td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Not applicable </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_NBDFWDCASW00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 119px;" width="80%">
<tbody>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Amount: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 213,693 </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Face value unit: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ 1,000.00 </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Final maturity: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> October 24, 2024 </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of the face value: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Lump sum at final maturity </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> IPCA + 4.34% </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Annually </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Reprice: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Not applicable </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The subsidiary IPP contracted hedging instruments subjected to IPCA variation, changing the debentures charges linked to&#160;IPCA to 97.3% of DI. IPP designated these hedging instruments as fair value hedges; therefore, debentures and hedging instruments are both measured at fair value from inception, with changes in fair value recognized through profit or loss.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div>
<div id="t_ft_GV5TB96DCW00000000000000000000b">

</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-weight: bold;">f</span><span style="font-weight: bold;">.</span><span style="font-weight: bold;">5</span> In March 2018 the Company carried out sixth issuance of public debentures, in a single series of 1,725,000 simple, nonconvertible into shares and unsecured debentures, which main characteristics are as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<div id="t_ft_35SBTJTQN400000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 102px;" width="80%">
<tbody>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Face value unit: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ 1,000.00 </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Final maturity: </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> March 5, 2023 </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of the face value: </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Lump sum at final maturity </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest: </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> 105.25% of DI </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest: </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Semiannually </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Reprice: </span></p>
</td>
<td style="vertical-align: top; height: 17px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Not applicable </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-weight: bold;">f</span><span style="font-weight: bold;">.<span style="border-left: none; border-right: none;">6</span></span> In December 2018 the subsidiary IPP carried out its eighth issuance of debentures in the amount of R$900,000, in two series, being one of <span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">R$</span>660,000 and another of <span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">R$</span>240,000, simple, nonconvertible into shares, nominative, book-entry and unsecured debentures. The debentures have been subscribed by Vert Companhia Securitizadora. The proceeds from this issuance were used exclusively for the purchase of ethanol by subsidiary IPP. The debentures were subscribed with the purpose to bind the issuance of CRA. The financial settlement occurred on December 21, 2018. The debentures have an additional guarantee from Ultrapar and the main characteristics of the debentures are as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_LKWEEMI0GW00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 119px;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Amount: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 660,000 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Face value unit: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ 1,000.00 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Final maturity: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> December 18, 2023 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of the face value: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Lump sum at final maturity </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 97.5% of DI </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Semiannually </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Reprice: </span></p>
</td>
<td style="vertical-align: top; width: 50%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Not applicable </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_200I8QLY6800000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%;" width="80%">
<tbody>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Amount: </span></p>
</td>
<td style="vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 240,000 </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Face value unit: </span></p>
</td>
<td style="vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ 1,000.00 </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Final maturity: </span></p>
</td>
<td style="vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> December 15, 2025 </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of the face value: </span></p>
</td>
<td style="vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Lump sum at final maturity </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest: </span></p>
</td>
<td style="vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> IPCA + 4.61% </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest: </span></p>
</td>
<td style="vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Annually </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Reprice: </span></p>
</td>
<td style="vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Not applicable </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The subsidiary IPP contracted hedging instruments subjected to IPCA variation, changing the debentures charges linked to&#160;<span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">IPCA to 97.1% of DI</span></span></span></span></span></span>. IPP designated these hedging instruments as fair value hedges; therefore, debentures and hedging instruments are both measured at fair value from inception, with changes in fair value recognized through profit or loss.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div>
<div id="t_ft_PUY33AH2UO00000000000000000000b">

</div>
</div>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-weight: bold;">f</span><span style="font-weight: bold;">.7</span> In November 2019 the subsidiary Ultracargo Log&#237;stica made its first issuance of debentures, in a single series of 90,000 simple, nonconvertible into shares and unsecured debentures, which main characteristics are as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_DCKDMAYAIO00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 102px;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 49.0741%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Face value unit: </span></p>
</td>
<td style="vertical-align: top; width: 50.7937%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ 1,000.00 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 49.0741%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Final maturity: </span></p>
</td>
<td style="vertical-align: top; width: 50.7937%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> November 19, 2024 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 49.0741%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of the face value: </span></p>
</td>
<td style="vertical-align: top; width: 50.7937%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Lump sum at final maturity </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 49.0741%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest: </span></p>
</td>
<td style="vertical-align: top; width: 50.7937%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 6.47% </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 49.0741%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest: </span></p>
</td>
<td style="vertical-align: top; width: 50.7937%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Semiannually </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 49.0741%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Reprice: </span></p>
</td>
<td style="vertical-align: top; width: 50.7937%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Not applicable </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The subsidiary </span><span style="font-family: 'Times New Roman';">Ultracargo</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Log&#237;stica</span><span style="font-family: 'Times New Roman';"> contracted hedging instruments subjected interest rate variation, changing the debentures fixed for 99.94% of the DI. </span><span style="font-family: 'Times New Roman';">Ultracargo</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Log&#237;stica</span><span style="font-family: 'Times New Roman';"> designated these hedging instruments as fair value hedges therefore debentures and hedging instruments are both measured at fair value from inception, with changes in fair value recognized </span><span style="font-family: 'Times New Roman';">in</span><span style="font-family: 'Times New Roman';"> profit or loss.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 2pt 5.65pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">f.8</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">In </span><span style="font-family: 'Times New Roman';">March</span><span style="font-family: 'Times New Roman';"> 20</span><span style="font-family: 'Times New Roman';">21</span><span style="font-family: 'Times New Roman';"> the subsidiary Tequimar</span><span style="font-family: 'Times New Roman';"> Vila do Conde </span><span style="font-family: 'Times New Roman';">made its first issuance of debentures, in a single series of </span><span style="font-family: 'Times New Roman';">360,000</span><span style="font-family: 'Times New Roman';">&#160;simple, nonconvertible into shares and unsecured debentures, which main characteristics are as follows:</span></span></p>
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-family: 'Times New Roman'; font-size: 11pt; font-weight: bold;">&#160;</span></p>
<div id="t_ft_DC0I0L73Z400000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 102px;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 49.8757%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Face value unit: </span></p>
</td>
<td style="vertical-align: top; width: 49.9586%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ 1,000.00 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 49.8757%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Final maturity: </span></p>
</td>
<td style="vertical-align: top; width: 49.9586%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> March 15, 2028 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 49.8757%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of the face value: </span></p>
</td>
<td style="vertical-align: top; width: 49.9586%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Lump sum at final maturity </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 49.8757%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest: </span></p>
</td>
<td style="vertical-align: top; width: 49.9586%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> IPCA + 4.04% </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 49.8757%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest: </span></p>
</td>
<td style="vertical-align: top; width: 49.9586%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Semiannually </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: top; width: 49.8757%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Reprice: </span></p>
</td>
<td style="vertical-align: top; width: 49.9586%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Not applicable </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-family: 'Times New Roman'; font-size: 11pt; font-weight: bold;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The subsidiary Tequimar Vila do Conde contracted hedging instruments subjected interest rate variation changing the debentures fixed for 111.4% of the DI. Tequimar Vila do Conde designated these hedging instruments as fair value hedges therefore debentures and hedging instruments are both measured at fair value from inception with changes in fair value recognized in profit or loss.</span></p>
<div style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff;">
<p style="margin: 0pt; text-align: justify;"><br/></p>
</div>
<p style="margin: 0pt 5.65pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-weight: bold;">f.</span><span style="font-weight: bold;">9</span> In March 2021 the subsidiary Ultracargo Log&#237;stica made its second issuance of debentures, in a single series of 100,000 simple, nonconvertible into shares and unsecured debentures, which main characteristics are as follows:</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_VKM7NDCN4000000000000000000000b">
<table cellpadding="0" style="height: 114px; border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%;" width="80%">
<tbody>
<tr style="height: 19px;">
<td style="vertical-align: top; height: 19px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Face value unit: </span></p>
</td>
<td style="vertical-align: top; height: 19px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ 1,000.00 </span></p>
</td>
</tr>
<tr style="height: 19px;">
<td style="vertical-align: top; height: 19px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Final maturity: </span></p>
</td>
<td style="vertical-align: top; height: 19px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> March 15, 2028 </span></p>
</td>
</tr>
<tr style="height: 19px;">
<td style="vertical-align: top; height: 19px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of the face value: </span></p>
</td>
<td style="vertical-align: top; height: 19px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Lump sum at final maturity </span></p>
</td>
</tr>
<tr style="height: 19px;">
<td style="vertical-align: top; height: 19px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest: </span></p>
</td>
<td style="vertical-align: top; height: 19px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> IPCA + 4.37% </span></p>
</td>
</tr>
<tr style="height: 19px;">
<td style="vertical-align: top; height: 19px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest: </span></p>
</td>
<td style="vertical-align: top; height: 19px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Semiannually </span></p>
</td>
</tr>
<tr style="height: 19px;">
<td style="vertical-align: top; height: 19px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Reprice: </span></p>
</td>
<td style="vertical-align: top; height: 19px; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Not applicable </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-family: 'Times New Roman'; font-size: 11pt; font-weight: bold;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The subsidiary Ultracargo Log&#237;stica contracted hedging instruments subjected interest rate variation changing the debentures fixed for 111.4% of the DI. Ultracargo Log&#237;stica designated these hedging instruments as fair value hedges therefore debentures and hedging instruments are both measured at fair value from inception with changes in fair value recognized in profit or loss.</span></p>
<div>
<div id="t_ft_0R2GFHVWPC00000000000000000000b">

</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="font-weight: bold;">f.10</span> In September 2021, subsidiary IPP carried out its tenth issue of debentures in the total amount of R$ 960,000, in a single series of 960,000 simple, nonconvertible, registered, book-entry and unsecured debentures, privately placed by Vert Companhia Securitizadora. The funds were used exclusively for the purchase of ethanol by the subsidiary IPP. The debentures were subscribed for the purpose to bind the issuance of CRA. The financial settlement ocurred on September 16, 2021. The debentures have an additional guarantee from Ultrapar and the main characteristics are as follows:</span></p>
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_WUSFFJIDJ400000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 133px;" width="80%">
<tbody>
<tr style="height: 19px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; width: 50%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Amount: </span></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; width: 50%; height: 19px;">
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> 960,000 </span></p>
</td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 19px;">
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Face value unit: </span></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 19px;">
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ 1,000.00 </span></p>
</td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 19px;">
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Final maturity: </span></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 19px;">
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> September 15, 2028 </span></p>
</td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 19px;">
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of the face value: </span></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 19px;">
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Lump sum at final maturity </span></p>
</td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 19px;">
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest: </span></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 19px;">
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> IPCA + 4.83% </span></p>
</td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 19px;">
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest: </span></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 19px;">
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Semiannually </span></p>
</td>
</tr>
<tr style="height: 19px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 19px;">
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Reprice: </span></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 19px;">
<p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Not applicable </span></p>
</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The subsidiary IPP contracted hedging instruments subjected to IPCA variation, changing the debentures charges linked to the&#160;IPCA to 102.75% of the DI. IPP designated these hedging instruments as fair value hedges; therefore, debentures and hedging instruments are both measured at fair value from inception, with changes in fair value recognized through profit or loss.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfLoanAndDebentureMaturityDistributionTableTextBlock', window );">Summary of debentures maturity dates distribution</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; margin-left: 65px; font-family: 'times new roman', times;">The debentures have maturity dates distributed as shown below (includes accrued interest through December 31, 2021):</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_PGYND8HS8000000000000000000000b">
<table cellpadding="0" style="height: 235px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Maturity </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 14px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 14px; background-color: #cceeff; width: 82%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Charges <span style="font-size: 8pt;"><sup>(1)</sup></span></span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 14px; background-color: #cceeff; width: 5%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 14px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (22,759 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 14px; background-color: #cceeff; width: 1%;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Apr/2022 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 660,139 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Jul/2022 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 750,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Oct/2022 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 730,384 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Mar/2023 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,725,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Dec/2023 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 660,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Apr/2024 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 443,944 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Oct/2024 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 267,316 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Nov/2024 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 90,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Dec/2025 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 287,294 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Mar/2028 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 498,474 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Sep/<span style="border-left: none; border-right: none;">2028</span> </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 996,977 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 7,086,769 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><sup><sup><span style="font-family: 'Times New Roman'; font-size: 6pt; vertical-align: super;"> </span></sup></sup><span style="font-size: 10pt; font-family: 'times new roman', times;"><sup><sup><span style="vertical-align: super;">(1)</span></sup></sup> <span style="border-right: none; border-left: none;">Includes interest, transaction cost and fair value adjustments.</span></span></p>
<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ScheduleOfNotesPayableTableTextBlock', window );">Summary of notes payable</a></td>
<td class="text">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%;" width="80%">
<tbody>
<tr style="height: 12.75pt;">
<td style="padding: 0px; vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Face value unit: </span></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> R$ 25,000,000.00 </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding: 0px; vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Final maturity: </span></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> April 6, 2021 </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding: 0px; vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of the face value: </span></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Lump sum at final maturity </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding: 0px; vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest: </span></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> DI + 3.10% </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding: 0px; vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of interest: </span></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Lump sum at final maturity </span></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding: 0px; vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Reprice: </span></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 50%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Not applicable </span></p>
</td>
</tr>
</tbody>
</table>
<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfTransactionCostsTextBlock', window );">Summary of Transaction Costs</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Transaction costs incurred in issuing debt were deducted from the value of the related financial instruments and are recognized as an expense according to the effective interest rate method as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_PO4ZBAAMGW00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 105px;" width="100%">
<tbody>
<tr style="height: 19px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 41.8953%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 7.98005%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Effective rate of transaction costs (% p.a.) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.08063%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 7.98005%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 0.997506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 7.98005%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Incurred cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 0.997506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 7.98005%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Amortization </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.16376%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 7.8138%;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-family: 'times new roman', times;"> Reclassification to liabilities held for sale (i) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 0.997506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 7.98005%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.08063%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 41.8953%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Debentures (f) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 0.2 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.08063%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 28,348 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 40,953 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (14,811 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.16376%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.8138%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 54,490 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.08063%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 41.8953%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Notes in the foreign market (b) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 0.1 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.08063%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 37,112 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (4,890 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.16376%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.8138%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (4,204 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 28,018 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.08063%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 41.8953%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Notes (g) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.08063%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,318 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,318 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.16376%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.8138%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.08063%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 41.8953%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Banco do Brasil (e) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 0.1 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.08063%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 332 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (256 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.16376%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.8138%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 76 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.08063%;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 41.8953%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 7.98005%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 18px; width: 1.08063%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 67,110 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 40,953 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (21,275 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 0.997506%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.16376%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 7.8138%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (4,204 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 0.997506%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 7.98005%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 82,584 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 1.08063%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 9pt;">(i) <span style="border-right: none; border-left: none;">See Note <span style="border-left: none; border-right: none;">3</span>.c.<span style="border-left: none; border-right: none;">1</span>.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_T3UA1LB77K00000000000000000000b">
<table cellpadding="0" style="height: 129px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 41.3613%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 9.84293%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Effective rate of transaction costs (% p.a.) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.25654%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 9.94764%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2019 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.04712%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.25654%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 9.84293%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Incurred cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.04712%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.25654%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 9.94764%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Amortization </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.04712%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.25654%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 9.94764%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.04712%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 41.3613%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Debentures (f) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.84293%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 0.2 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 41,406 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.84293%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (13,058 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 28,348 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 41.3613%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Notes in the foreign market (b) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 9.84293%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 0.1 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 28,114 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.84293%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 13,263 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (4,265 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 37,112 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 41.3613%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Notes (g) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.84293%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 0.5 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.84293%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 6,802 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (5,484 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,318 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 41.3613%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Banco do Brasil (e) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 9.84293%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 0.1 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 770 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.84293%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (438 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 332 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 41.3613%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Foreign loans (c) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.84293%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 94 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.84293%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (94 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 41.3613%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 9.84293%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,382 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.84293%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,382 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 41.3613%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.84293%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 71,766 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 9.84293%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 20,065 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (24,721 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 9.94764%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 67,110 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 17px; background-color: #cceeff; width: 1.04712%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div>
<div id="t_ft_JHW8YY9F1S00000000000000000000b">

</div>
</div>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<div id="t_ft_X009I0W67K00000000000000000000b">
<table cellpadding="0" style="height: 132px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 29px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 41.8953%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 9.97506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Effective rate of transaction costs (% p.a.) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 1.08063%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 9.89194%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2018 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 1.08063%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 0.997506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 9.97506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Incurred cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 0.997506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 9.97506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Amortization </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 0.997506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 9.97506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2019 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 1.08063%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 41.8953%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Debentures (g) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 0.2 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.08063%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.89194%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 56,376 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.08063%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 692 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (15,662 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 41,406 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.08063%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 41.8953%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Notes in the foreign market (b) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 0.1 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.08063%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.89194%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 13,881 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.08063%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 18,442 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (4,209 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 28,114 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.08063%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 41.8953%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Banco do Brasil (f) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 0.2 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.08063%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.89194%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,437 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.08063%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (2,667 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 770 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.08063%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 41.8953%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Foreign loans (c) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.08063%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.89194%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 331 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.08063%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (237 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 94 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.08063%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 41.8953%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 0.2 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.08063%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.89194%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 2,432 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.08063%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,050 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 1,382 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.08063%;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 41.8953%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 9.97506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 18px; width: 1.08063%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 9.89194%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 76,457 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.08063%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 19,134 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (23,825 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 71,766 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 1.08063%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfAppropriatedProfitOrLossInFutureTableTextBlock', window );">Summary of Appropriated Profit or Loss in The Future</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The amount to be appropriated to profit or loss in the future is as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_BBO0H66Q5C00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 79px;" width="100%">
<tbody>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 16.9576%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 9.97506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Up to 1 year </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 0.997506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 9.97506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 1 to 2 years </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 0.997506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 10.0582%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 2 to 3 years </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 0.997506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 9.97506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 3 to 4 years </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 0.997506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 9.97506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 4 to 5 years </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 0.997506%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 0.997506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 9.97506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> More than 5 years </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 0.831255%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.16376%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 9.97506%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 1.08063%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 16.9576%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Debentures (f) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 9.97506%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 15,060 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.997506%; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.997506%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 9.97506%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 11,129 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.997506%; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.997506%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 10.0582%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 6,990 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.997506%; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.997506%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 9.97506%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 6,075 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.997506%; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.997506%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 9.97506%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 5,886 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.997506%; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 0.997506%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 9.97506%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 9,350 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.831255%; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.16376%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 9.97506%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 54,490 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.08063%; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.9576%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Notes in the foreign market (b) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 4,126 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 4,128 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0582%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 4,143 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 4,135 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 3,897 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 7,589 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.831255%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.16376%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 28,018 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.08063%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.9576%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Banco do Brasil (e) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 76 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0582%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.831255%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.16376%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 76 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.08063%;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 16.9576%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 19,262 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 15,257 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 10.0582%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 11,133 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 10,210 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 9,783 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 16,939 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.831255%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.16376%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 9.97506%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 82,584 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 1.08063%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfCollateralExplanatory', window );">Summary Of Collateral To Financial Institutions</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The subsidiary IPP issued collateral to financial institutions in connection with the amounts payable by some of their customers to such institutions (vendor financing) as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div id="t_ft_H1UO6XR68G00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 95%; margin-right: auto; height: 85px;" width="95%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="4" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> IPP </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 72%; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 12%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1%; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 2%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 12%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;"> Maximum amount of future payments related to such collateral</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 690,347 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 330,944 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Maturities of up to </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 49 months </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 46 months </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Fair value of collateral</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 9,923 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> 5,496 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<span></span>
</td>
</tr>
</table>
<div style="display: none;">
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of assets and liabilities used as collateral.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 10<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfCollateralExplanatory</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<td><strong> Name:</strong></td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of detailed information about borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 7<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of notes payable.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of amount to be appropriated profit or loss in future.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of changes in loans debentures and finance leases.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of debentures.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of foreign loan maturity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of debentures maturity dates distribution.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of principal maturity of long-term debt.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of transaction costs.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147278984744">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Trade Payables (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherPayablesAbstract', window );"><strong>Trade payables</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfTradePayablesTableTextBlock', window );">Summary of Trade Payables</a></td>
<td class="text">
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">a. Trade payables</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<table cellpadding="0" style="height: 94px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 73%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Domestic suppliers </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,010,912 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,306,398 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Domestic suppliers &#8211; related parties (see Note 9.a) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,422 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 5,102 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Foreign suppliers </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 445,805 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 307,486 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 15px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 15px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Foreign suppliers - related parties (see Note 9.a) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 15px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 212,756 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 15px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 15px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 15px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 126,033 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,670,895 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,745,019 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Some Company&#8217;s subsidiaries acquire oil-based fuels and LPG from Petrobras and its subsidiaries. These suppliers control almost all the markets for these products in Brazil. </span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">b. Trade payables &#8211; reverse factoring</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_EL96AZQ0Y800000000000000000000b">
<table cellpadding="0" style="height: 92px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%">
<tbody>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 73%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Domestic suppliers &#8211; reverse factoring </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,948,033 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: rgb(204, 238, 255); width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,021,424 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: rgb(204, 238, 255); width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 23px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 23px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Domestic suppliers &#8211; reverse factoring - related parties (see Note 9.a) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 23px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 89,339 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 23px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 23px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 23px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 61,989 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 23px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Foreign suppliers &#8211; reverse factoring </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 81,687 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: rgb(204, 238, 255); height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 212,220 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: rgb(204, 238, 255); border-bottom: 1pt solid rgb(0, 0, 0); height: 17px;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,119,059 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,295,633 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double rgb(0, 0, 0); height: 18px;"><br/></td>
</tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of trade payables.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147279081032">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Salaries and Related Charges (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
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<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfSalariesAndRelatedChargesTableTextBlock', window );">Summary of Salaries and Related Charges</a></td>
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<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160; &#160;</span></p>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.8488%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.1236%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.22574%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.951%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.02145%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 72.7273%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Provisions on salaries</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"><br/></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 11.8488%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 136,938 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.1236%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.22574%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 11.951%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 195,286 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02145%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7273%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Profit sharing, bonus and premium </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.8488%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 132,390 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.1236%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22574%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.951%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 184,306 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02145%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 72.7273%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Social charges </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 11.8488%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 52,739 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.1236%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.22574%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 11.951%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 73,267 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02145%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7273%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 11.8488%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 8,036 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.1236%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22574%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 11.951%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 15,771 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 1.02145%;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 72.7273%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px; width: 11.8488%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 330,103 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.1236%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.22574%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px; width: 11.951%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 468,630 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 1.02145%;"><br/></td>
</tr>
</tbody>
</table>
<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ShorttermEmployeeBenefitsExpenseAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ShorttermEmployeeBenefitsExpenseAbstract</td>
</tr>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
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<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_SummaryOfSalariesAndRelatedChargesTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of salaries and related charges.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_SummaryOfSalariesAndRelatedChargesTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>91
<FILENAME>R62.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147279094648">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Taxes Payable (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfTaxPayablesAbstract', window );"><strong>Taxes Payable</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfTaxesPayableTableTextBlock', window );">Summary of Taxes Payable</a></td>
<td class="text">
<table cellpadding="0" style="height: 137px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #ffffff;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 73%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> ICMS </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 146,598 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 180,522 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> IPI </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 4,163 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 8,952 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> PIS and COFINS </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 13,667 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 13,187 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> ISS </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 45,533 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 38,328 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Value-added tax (IVA) of foreign subsidiaries </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 27,322 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 19,215 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 17,703 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 229,176 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 286,014 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff;"><br/></td>
</tr>
</tbody>
</table>
<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DisclosureOfTaxPayablesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DisclosureOfTaxPayablesAbstract</td>
</tr>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_SummaryOfTaxesPayableTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of additional information regarding taxes other than on income taxes.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
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<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>92
<FILENAME>R63.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147277202040">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Employee Benefits and Private Pension Plan (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutDefinedBenefitPlansAbstract', window );"><strong>Employee benefits and private pension plan</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansExplanatory', window );">Post-employment benefits</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The amounts related to such benefits were determined based on a valuation conducted by an independent actuary </span><span style="font-family: 'Times New Roman';">and reviewed by management</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">as of </span><span style="font-family: 'Times New Roman';">December</span><span style="font-family: 'Times New Roman';"> 3</span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">, </span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">2</span></span><span style="font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div style="border-left: none; border-right: none;">
<table cellpadding="0" style="height: 103px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 74%;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Health and dental care plan </span><span style="font-family: 'Times New Roman'; vertical-align: super; font-size: 8pt;">(<span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">1</span></span>)</span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 159,867 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 200,318 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Indemnification of FGTS </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 38,617 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 53,952 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Seniority bonus </span><span style="font-family: 'Times New Roman'; vertical-align: super; font-size: 8pt;">(<span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">2</span></span>)</span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 5,570 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 16,336 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Life insurance </span><span style="font-family: 'Times New Roman'; vertical-align: super; font-size: 8pt;">(<span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">1</span></span>)</span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 11,665 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 14,118 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 215,719 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 284,724 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 21,082 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 27,077 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Non-current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 194,637 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 257,647 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt 7.1pt; text-align: justify; text-indent: -7.1pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; vertical-align: super; font-size: 8pt;">(<span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">1</span></span>) </span><span style="font-family: 'Times New Roman';">Only </span><span style="font-family: 'Times New Roman';">IPP</span><span style="font-family: 'Times New Roman';">, Tropical</span><span style="font-family: 'Times New Roman';"> and</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Iconic</span><span style="font-family: 'Times New Roman';">.</span></span></p>
<p style="margin: 2pt 0pt 0pt 7.1pt; text-align: justify; text-indent: -7.1pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman'; vertical-align: super; font-size: 8pt;">(<span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">2</span></span>)</span><span style="font-family: 'Times New Roman';"> In <span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">2021</span></span>, there was a change in the seniority bonus policy for retirement, with a reduction in the benefit (Ultragaz and Ipiranga).</span></span></p>
<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfNetDefinedBenefitLiabilityAssetExplanatory', window );">Changes in provision for post-employment benefits</a></td>
<td class="text">
<div style="border-right: none; border-left: none;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The change in the present value of the post-employment benefit obligation </span><span style="font-family: 'Times New Roman';">occurred </span><span style="font-family: 'Times New Roman';">as follows:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div style="border-left: none; border-right: none;">
<table cellpadding="0" style="height: 154px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 73%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Opening balance </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 284,724 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 272,867 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Expense for the year of continuing operations </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 15,585 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 11,622 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Expense (revenue) for the year of discontinued operations </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,951 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (6,411 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (Gain) Losses from changes in actuarial assumptions </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (58,954 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 24,822 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Benefits paid directly by Company and its subsidiaries </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (18,400 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (18,969 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Exchange rates from post employment benefits </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 217 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 793 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; Reclassification to liabilities held for sale (i) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (10,404 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Ending balance </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 215,719 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 284,724 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="border-right: none; border-left: none;"><span style="font-family: 'Times New Roman';">(i) For further information see Note <span style="border-left: none; border-right: none;">3</span></span><span style="font-family: 'Times New Roman';">.c.<span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">.</span></span></span></p>
<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfEmploymentBenefitExpenseTableTextBlock', window );">Post-employment benefit expense</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The </span><span style="font-family: 'Times New Roman';">total of </span><span style="font-family: 'Times New Roman';">expense </span><span style="font-family: 'Times New Roman';">in each year </span><span style="font-family: 'Times New Roman';">is presented below:&#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div style="border-left: none; border-right: none;">
<table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto; height: 103px;" width="80%">
<tbody>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 62.8466%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 9.79667%;">
<p style="margin: 0pt; text-align: center; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 1.66359%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 2.21811%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 9.79667%;">
<p style="margin: 0pt; text-align: center; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 1.66359%;"><br/></td>
<td style="vertical-align: top; background-color: #ffffff; height: 17px; width: 0.924214%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #ffffff; height: 17px; width: 9.79667%;">
<p style="margin: 0pt; text-align: center; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 2019 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #ffffff; height: 17px; width: 1.84843%;"><br/></td>
</tr>
<tr>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; width: 62.8466%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; width: 9.79667%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; width: 1.66359%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; width: 2.21811%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; width: 9.79667%; text-align: center;"><span style="font-weight: bold; font-size: 8pt;">Re-presented</span></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; width: 1.66359%; text-align: center;"><br/></td>
<td style="vertical-align: top; background-color: #ffffff; width: 0.924214%; text-align: center;"><br/></td>
<td style="vertical-align: bottom; background-color: #ffffff; width: 9.79667%; text-align: center;"><span style="font-weight: bold; font-size: 8pt;">Re-presented</span></td>
<td style="vertical-align: bottom; background-color: #ffffff; width: 1.84843%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; width: 62.8466%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Health and dental care plan </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 9.79667%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 15,265 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.66359%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 2.21811%; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 9.79667%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 11,127 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.66359%; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; width: 0.924214%; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; width: 9.79667%; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 10,442 </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; width: 1.84843%; padding: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 62.8466%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Indemnification of FGTS </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.79667%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 4,409 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.66359%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2.21811%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.79667%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 6,199 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.66359%;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 0.924214%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 9.79667%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(5,423 </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 1.84843%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px; width: 62.8466%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Seniority bonus </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.79667%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (4,886 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.66359%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 2.21811%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.79667%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (6,821 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.66359%;">)</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 0.924214%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 9.79667%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,580 </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 1.84843%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 62.8466%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Life insurance </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 9.79667%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 797 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.66359%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2.21811%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 9.79667%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,117 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.66359%;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 0.924214%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; border-bottom: 1pt solid #000000; height: 17px; width: 9.79667%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,293 </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; width: 1.84843%;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 18px; width: 62.8466%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px; width: 9.79667%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 15,585 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.66359%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 2.21811%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px; width: 9.79667%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 11,622 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.66359%;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 18px; width: 0.924214%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; border-bottom: 2.8pt double #000000; height: 18px; width: 9.79667%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 9,892 </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 18px; width: 1.84843%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfSignificantActuarialAssumptionsAdoptedTableTextBlock', window );">Significant actuarial assumptions adopted</a></td>
<td class="text">
<p style="border-left: none; border-right: none;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The main actuarial assumptions used are:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto; height: 102px;" width="80%">
<tbody>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Economic factors </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> % p.a. </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> % p.a. </span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; width: 74%; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Discount rate for the actuarial obligation at present value </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 8.93 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 2%; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 8.22 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Average projected salary growth rate </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 7.07 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 7.07 </span></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Inflation rate (long term) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3.25 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3.25 </span></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Growth rate of medical services </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 7.38 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 7.38 </span></p>
</td>
</tr>
</tbody>
</table>
<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsExplanatory', window );">Sensitivity analysis</a></td>
<td class="text">
<table cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; height: 50px; width: 100%;" width="100%">
<tbody>
<tr style="height: 10px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 10px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Assumption </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Change in assumptions </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Decrease in liability </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Change in assumptions </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Increase in liability </span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px; width: 41%;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Discount rate </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px; width: 14%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <span style="border-left: none; border-right: none;">increase by <span style="border-left: none; border-right: none;">1.0</span> p.p.</span> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px; width: 14%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 24,196 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px; width: 14%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <span style="border-left: none; border-right: none;">decrease by <span style="border-left: none; border-right: none;">1.0</span> p.p.</span> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px; width: 14%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 24,293 </span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Wage growth rate </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <span style="border-left: none; border-right: none;">decrease by <span style="border-left: none; border-right: none;">1.0</span> p.p.</span> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,002 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <span style="border-left: none; border-right: none;">increase by <span style="border-left: none; border-right: none;">1.0</span> p.p.</span> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,258 </span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Medical services growth rate </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <span style="border-left: none; border-right: none;">decrease by <span style="border-left: none; border-right: none;">1.0</span> p.p.</span> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 19,218 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> <span style="border-left: none; border-right: none;">increase by <span style="border-left: none; border-right: none;">1.0</span> p.p.</span> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 23,522 </span></p>
</td>
</tr>
</tbody>
</table>
<span></span>
</td>
</tr>
</table>
<div style="display: none;">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of defined benefit plans. [Refer: Defined benefit plans [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2021-01-01<br> -Paragraph 138<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_138&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
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<tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of a net defined benefit liability (asset). [Refer: Net defined benefit liability (asset)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2021-01-01<br> -Paragraph 140<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_140_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<td><strong> Name:</strong></td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of a sensitivity analysis for significant actuarial assumptions used to determine the present value of a defined benefit obligation. [Refer: Actuarial assumptions [member]; Defined benefit obligation, at present value]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2021-01-01<br> -Paragraph 145<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_145&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The tabular disclosure of employment benefit expenses.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The tabular disclosure of significant actuarial assumptions made and the method used to calculate the actuarial present value of promised retirement benefits in retirement benefit plans.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147278960008">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Provision for Asset Retirement Obligation - Fuel Tanks (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOtherProvisionsAbstract', window );"><strong>Disclosure of other provisions [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Changes in the provision for asset retirement obligation are as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div style="border-left: none; border-right: none;">
<table cellpadding="0" style="height: 289px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
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<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2018 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 54,667 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Additions (new tanks) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 290 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Expenditure with tanks removed </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (5,456 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Accretion expense </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,741 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2019 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 51,242 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Additions (new tanks) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 163 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Expenditure with tanks removed </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (4,306 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Accretion expense </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 6,336 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 53,435 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Additions (new tanks) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 451 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Expenditure with tanks removed </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (2,773 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Accretion expense </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 5,598 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 56,711 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 4,632 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Non-current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 52,079 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
</tr>
</tbody>
</table>
</div>
<span></span>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The tabular disclosure of changes in the provision for asset retirement obligation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147279421544">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Provisions and Contingencies (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfContingentLiabilitiesAbstract', window );"><strong>Disclosure of contingent liabilities [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfProvisionsExplanatory', window );">Breakdown of provisions by nature</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The table below demonstrates the breakdown of provisions by nature and its movement:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div style="border-left: none; border-right: none;">
<div id="t_ft_KGNP8GNBQ800000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 111px; text-indent: 0px;" width="100%">
<tbody>
<tr style="height: 10px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 21.0526%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Provisions </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2020 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Additions </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Reversals </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Payments </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 7.16374%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Interest </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 11.6959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt; font-weight: bold;"> Reclassification to liabilities held for sale (i) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Balance on 12/31/2021 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.46199%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 21.0526%; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> IRPJ and CSLL (a.1.1) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.33333%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 547,862 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.31579%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.75439%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.89474%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.31579%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.60819%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.89474%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (6,966 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.31579%; height: 17px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.75439%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.89474%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.31579%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.60819%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.16374%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 11,276 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.31579%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.75439%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.6959%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.75439%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.33333%; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 552,172 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.46199%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 21.0526%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> ICMS (c) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.33333%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 108,568 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 58,839 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.60819%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (83,536 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.60819%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.16374%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 284 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.6959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.33333%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 84,155 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.46199%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 21.0526%;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Civil, environmental and regulatory claims (a.2.1) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 57,772 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 87,066 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (9,702 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (8,116 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.16374%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 724 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 11.6959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (18,983 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 108,761 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.46199%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 21.0526%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Labor litigation (a.3.1) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 90,675 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 42,826 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (4,432 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (17,068 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.16374%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,620 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.6959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (19,161 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 95,460 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.46199%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 21.0526%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 93,168 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 63 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,457 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 10px; width: 7.16374%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 704 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 10px; width: 11.6959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (841 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 91,637 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.46199%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 21.0526%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 898,045 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 188,794 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (106,093 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (25,184 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; width: 7.16374%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 15,608 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; width: 11.6959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (38,985 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 932,185 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.46199%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 21.0526%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 43,660 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.16374%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 11.6959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 119,942 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.46199%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 21.0526%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Non-current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.33333%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 854,385 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.60819%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.60819%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.16374%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.6959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.75439%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.33333%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 812,243 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.46199%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
</tbody>
</table>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 7pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">(i) <span style="border-right: none; border-left: none;">For further information see Note <span style="border-left: none; border-right: none;">3</span></span></span><span style="border-right: none; border-left: none;"><span style="font-family: 'Times New Roman';">.c.<span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">.</span></span></span></p>
<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfBalancesOfEscrowDepositsTableTextBlock', window );">Balances of escrow deposits</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Balances of escrow</span><span style="font-family: 'Times New Roman';"> deposits are as follows:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div style="border-left: none; border-right: none;">
<div id="t_ft_VI4C47R96O00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 12.75pt; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"><br/></td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 73%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Tax matters </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 731,326 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 789,624 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Labor litigation </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 48,147 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 57,603 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Civil and others </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 91,788 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 102,569 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000;"><br/></td>
</tr>
<tr style="height: 13.5pt;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 871,261 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000;"><br/></td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 949,796 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000;"><br/></td>
</tr>
</tbody>
</table>
</div>
</div>
<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfContingentLiabilitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfContingentLiabilitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfProvisionsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of provisions. [Refer: Provisions]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 10<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfProvisionsExplanatory</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
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</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_SummaryOfBalancesOfEscrowDepositsTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The tabular disclosure of escrow deposits.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_SummaryOfBalancesOfEscrowDepositsTableTextBlock</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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</div>
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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>95
<FILENAME>R66.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147279031128">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Deferred Revenue (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredRevenueAbstract', window );"><strong>Deferred Revenue [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfDeferredRevenueInSubsidiariesTableTextBlock', window );">Deferred revenue in subsidiaries</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The subsidiaries </span><span style="font-family: 'Times New Roman';">of the Company </span><span style="font-family: 'Times New Roman';">have recognized the following deferred revenue:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<table cellpadding="0" style="height: 86px; border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; text-indent: 0px;" width="80%">
<tbody>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 73%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#8216;am/pm&#8217; and Jet Oil franchising upfront fee (a) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 420 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; width: 1%;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 12%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 814 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Loyalty program &#8220;Km de Vantagens&#8221; (b) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 5,205 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 15,424 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Loyalty program &#8220;Clube Extrafarma&#8221; (b) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,044 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total current </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 5,625 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 18,282 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_SummaryOfDeferredRevenueInSubsidiariesTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The tabular disclosure of deferred revenue in subsidiaries.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_SummaryOfDeferredRevenueInSubsidiariesTableTextBlock</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredRevenueAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredRevenueAbstract</td>
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</div></td></tr>
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</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>96
<FILENAME>R67.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
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<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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</head>
<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147272814680">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Equity (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_EquityAbstract', window );"><strong>Equity [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfAnalysisOfOtherComprehensiveIncomeByItemExplanatory', window );">Balance and changes in other reserves</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Balance and changes in <span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">other reserves</span> of the </span><span style="font-family: 'Times New Roman';">Company</span><span style="font-family: 'Times New Roman';"> are as follows:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_M54HF53XQO00000000000000000000b">
<table cellpadding="0" style="height: 265px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 65px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; width: 36.756%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; border-bottom: 1pt solid #000000; width: 9.82143%;">
<p style="margin: 0pt; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"> Fair value of cash flow hedging instruments (i) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; width: 1.4881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; width: 1.78571%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; border-bottom: 1pt solid #000000; width: 9.97024%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Fair value of financial instruments (ii) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; width: 1.33929%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; width: 1.6369%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; border-bottom: 1pt solid #000000; width: 9.97024%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Actuarial (loss) gain of post-employment benefits (iii) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; width: 1.33929%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; width: 1.78571%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; border-bottom: 1pt solid #000000; width: 9.97024%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Non-controlling shareholders interest change (iv) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; width: 1.4556%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; width: 1.78571%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; border-bottom: 1pt solid #000000; width: 9.52381%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; width: 1.4881%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px; width: 36.756%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2018 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.82143%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (243,336 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (273 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.33929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.6369%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (17,749 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.33929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 197,369 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4556%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.52381%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (63,989 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; width: 36.756%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Changes in fair value of financial instruments </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.82143%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (76,479 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 478 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.6369%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4556%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.52381%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (76,001 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;">)</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px; width: 36.756%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> IRPJ and CSLL on fair value </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.82143%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 23,683 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.6369%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4556%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.52381%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 23,683 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; width: 36.756%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Actuarial loss of post-employment benefits </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.82143%;">
<p style="margin: 0pt; text-align: right;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.6369%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (41,794 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4556%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.52381%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (41,794 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;">)</td>
</tr>
<tr style="height: 22px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 22px; width: 36.756%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Income and social contribution taxes on actuarial losses </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; border-bottom: 1pt solid #000000; width: 9.82143%;">
<p style="margin: 0pt; text-align: right;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; border-bottom: 1pt solid #000000; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;">-</p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; width: 1.6369%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; border-bottom: 1pt solid #000000; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 11,784 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; border-bottom: 1pt solid #000000; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; width: 1.4556%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; border-bottom: 1pt solid #000000; width: 9.52381%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 11,784 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; width: 1.4881%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 36.756%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2019 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.82143%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (296,132 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 205 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.6369%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (47,759 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 197,369 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4556%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.52381%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (146,317 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;">)</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 36.756%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Changes in fair value of financial instruments </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.82143%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (477,570 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 64 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.6369%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4556%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.52381%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (477,506 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 36.756%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> IRPJ and CSLL on fair value </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.82143%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 164,425 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.6369%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4556%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.52381%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 164,425 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 36.756%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Actuarial loss of post-employment benefits </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.82143%;">
<p style="margin: 0pt; text-align: right;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.6369%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (7,725 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.33929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4556%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.52381%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (7,725 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 36.756%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Income and social contribution taxes on actuarial losses </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 9.82143%;">
<p style="margin: 0pt; text-align: right;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span>-</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.6369%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,133 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4556%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 9.52381%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,133 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 36.756%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.82143%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (609,277 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 269 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.6369%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (53,351 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.33929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 197,369 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4556%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.52381%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (464,990 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 36.756%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Changes in fair value of financial instruments </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.82143%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 12,036 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (672 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.6369%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4556%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.52381%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 11,364 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 36.756%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> IRPJ and CSLL on fair value </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.82143%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (4,060 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.6369%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4556%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.52381%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (4,060 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 36.756%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Actuarial gain of post-employment benefits of subsidiaries, net </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.82143%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.6369%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 49,550 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4556%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.52381%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 49,550 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 36.756%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> IRPJ and CSLL on actuarial gains </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; width: 9.82143%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.33929%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.6369%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (14,002 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.33929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4556%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; width: 9.52381%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (14,002 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 36.756%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 9.82143%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (601,301 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (403 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.6369%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (17,803 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 9.97024%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 197,369 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4556%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 9.52381%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (422,138 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;">)</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfCumulativeTranslationAdjustmentsExplanatory', window );">Balance and changes in cumulative translation adjustments</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Balance and changes in </span><span style="font-family: 'Times New Roman';">cumulative translation adjustments</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">of the Company </span><span style="font-family: 'Times New Roman';">are as follows:</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_QMZDPPLCGG00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto; height: 74px;" width="80%">
<tbody>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 2019 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #ffffff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Initial balance </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 231,596 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 102,427 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 65,857 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; width: 65%; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Currency translation adjustment of foreign subsidiaries </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 10%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 97,113 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 10%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 202,277 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 10px;"><br/></td>
<td style="vertical-align: top; padding: 0px; width: 1%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; width: 10%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 46,330 </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; width: 1%; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Effect of foreign currency exchange rate variation on financial instruments </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (36,461 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (110,770 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">)</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (14,788 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 10px;">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> IRPJ and CSLL on foreign currency exchange rate variation on financial instruments </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 12,397 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 37,662 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 5,028 </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Final balance </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 304,645 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 231,596 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; border-bottom: 2.8pt double #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 102,427 </span></p>
</td>
<td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 10px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;&#160;</span></p>
<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfBalancesAndChangesInConsolidatedDividendsPayableExplanatory', window );">Summary of Balances and Changes in Consolidated Dividends Payable</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Balances and changes in dividends payable are as follows:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_4K0HTDAQE800000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto; height: 154px;" width="80%">
<tbody>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 87%; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2019 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 16,094 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Provisions </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 710,206 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Payments </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (284,767 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2020 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 442,133 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Provisions </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 478,366 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Prescribed dividends </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (11,816 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Payments </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (705,753 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Reclassification to liabilities of subsidiaries held for sale </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (70 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Balance as of December 31, 2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 202,860 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfDividendsAndAllocationOfNetIncomeTableTextBlock', window );">Dividends and Allocation of Net Income</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The management proposal for the allocation of net income for 2021 and for distribution of dividends is as follow:</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_BO7ACS4FGW00000000000000000000b">
<table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto; height: 289px;" width="80%">
<tbody>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; width: 87%; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; text-decoration: underline;"> Allocation of net income </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; width: 12%; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Net income for the year attributable to shareholders of Ultrapar </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 850,463 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Legal reserve (5% of the net income) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 42,523 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Adjusted net income (basis for dividends) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 807,940 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Minimum mandatory dividends for the year (50% of the adjusted net income) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 403,970 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total of distribution </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 403,970 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Interim dividends (R$ 0.20 per share of the Company) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (218,074 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Balance of proposed dividends (R$ 0.17 per share) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 185,896 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Allocation of dividends </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Minimum mandatory dividends for the year (50% of the adjusted net income) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 185,896 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Balance of proposed dividends (R$ 0.17 per share) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 185,896 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; text-decoration: underline;"> Allocation of net income </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Legal reserve (5% of the net income) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 42,523 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> Minimum mandatory dividends for the year (50% of the adjusted net income) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 403,970 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Statutory reserve </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 403,970 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total distribution of net income for the year attributable to shareholders of Ultrapar&#160;</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><span style="font-size: 10pt;"> 850,463 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<span></span>
</td>
</tr>
</table>
<div style="display: none;">
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure of the analysis of other comprehensive income by item.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 106A<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_106A&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The tabular disclosure of balance and changes in dividends payable.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The tabular disclosure of allocation of net income and for distribution of dividends for the reporting period.</p></div>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147279098424">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Costs and expenses by nature (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ExpenseByNatureAbstract', window );"><strong>Expenses by nature [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfExpensesByNatureTableTextBlock', window );">Expenses by nature</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The Company presents its </span><span style="font-family: 'Times New Roman';">costs and </span><span style="font-family: 'Times New Roman';">expenses by function in the consolidated statement </span><span style="font-family: 'Times New Roman';">of profit or loss </span><span style="font-family: 'Times New Roman';">and presents below its expenses by nature:&#160; &#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div id="t_ft_BHTRW8EFXC00000000000000000000b">
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<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; text-align: center;"><span style="font-weight: bold; font-size: 8pt;">2021</span></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; text-align: center;"><span style="font-weight: bold; font-size: 8pt;">2020</span></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;"><br/></td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; text-align: center;"><span style="font-weight: bold; font-size: 8pt;">2019</span></td>
<td style="vertical-align: top;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #ffffff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #ffffff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #ffffff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #ffffff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Restated </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"><br/></td>
<td style="vertical-align: top; height: 17px; background-color: #ffffff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #ffffff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Restated </span></p>
</td>
<td style="vertical-align: top; background-color: #ffffff;"><br/></td>
</tr>
<tr style="height: 21px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 21px; background-color: #cceeff; width: 59%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Raw materials and materials for use and consumption </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 104,233,143 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 21px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 68,851,960 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"><br/></td>
<td style="vertical-align: top; height: 21px; background-color: #cceeff; width: 1%; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 21px; background-color: #cceeff; width: 12%; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 77,218,922&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; width: 1%; padding: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Personnel expenses </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,575,066 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,414,567 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,571,227&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Freight and storage </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 899,188 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,073,971 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 871,057&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Depreciation and amortization </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 653,118 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 595,531 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 551,768&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Amortization of right-of-use assets </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 260,716 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 242,670 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 216,609&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Advertising and marketing </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 106,352 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 143,694 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 192,389&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Services provided by third parties </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 399,904 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 184,532 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 179,319&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Other expenses </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 101,819 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 139,379 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; border-bottom: 1pt solid #000000; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 258,705&#160; </span></p>
</td>
<td style="vertical-align: top; border-bottom: 1pt solid #000000; padding: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 108,229,306 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 72,646,304 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 81,059,996&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; border-bottom: 2.8pt double #000000; padding: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Classified as: </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Cost of products and services sold </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 104,827,966 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 70,056,447 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 78,208,786&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Selling and marketing </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,934,789 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,595,871 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,631,760&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> General and administrative </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,466,551 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 993,986 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br/></td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,219,450&#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; border-bottom: 1pt solid #000000; padding: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 108,229,306 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 72,646,304 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; border-bottom: 2.8pt double #000000; padding: 0px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 81,059,996&#160; </span></p>
</td>
<td style="vertical-align: top; border-bottom: 2.8pt double #000000; padding: 0px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<span></span>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The tabular disclosure of expenses by nature.</p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147278968424">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Other operating income, net (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
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<td class="text">&#160;<span></span>
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<td class="text">
<div style="border-left: none; border-right: none;">
<table cellpadding="0" style="height: 0px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 84%; margin-left: auto; margin-right: auto;" width="84%">
<tbody>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 2019 </span></p>
</td>
<td style="vertical-align: top; background-color: #ffffff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; text-align: center;"><span style="font-weight: bold; font-size: 8pt;">Re-presented</span></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; text-align: center;"><span style="color: #000000; font-family: 'times new roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Re-presented</span></td>
<td style="vertical-align: top; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Other operating income, net: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 59%; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Commercial partnerships <span style="font-size: 8pt;"><sup>(1)</sup></span></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 12%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 25,511 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 12%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 19,469 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 10px;"><br/></td>
<td style="vertical-align: top; padding: 0px; width: 1%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; width: 12%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 40,816&#160;</span></p>
</td>
<td style="vertical-align: top; padding: 0px; width: 1%; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Merchandising <span style="font-size: 8pt;"><sup>(2)</sup></span></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 33,144 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 25,703 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 44,396</span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Extraordinary tax credits <span style="font-size: 8pt;"><sup>(3)</sup></span></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 213,183 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 136,561 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 110,090</span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Property rental <span style="font-size: 8pt;"><sup>(4)</sup></span></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 26,026 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 24,825 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 26,622</span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Revenue from miscellaneous services (administrative, commercial and IT services) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 96,742 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 91,726 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 97,829</span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Contractual fine and gas voucher </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 10,332 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 9,685 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 15,902</span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 40,898 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 13,416 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 20,580</span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 445,836 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 321,385 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 356,235</span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Other operating expenses, net: </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160;&#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Property rental <span style="font-size: 8pt;"><sup>(4)</sup></span></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (116,744 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (92,117 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">)</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;">(<span style="font-family: 'Times New Roman'; font-size: 10pt;">92,199</span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Taxes on other operating income <span style="font-size: 8pt;"><sup>(5)&#160;</sup></span></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (23,416 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (24,929 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(42,533</span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fines for tax infractions </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (3,702 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (5,692 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(4,680</span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Decarbonization obligation <span style="font-size: 8pt;"><sup>(6)</sup></span></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (161,281 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (124,287 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(65,539</span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (44,527 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (10,326 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(11,255</span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (349,670 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (257,351 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(216,206</span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Other operating income, net </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 96,166 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 64,034 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 140,029</span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<table style="width: 100%; margin: 0px; font-family: 'times new roman'; font-size: 10pt; text-indent: 0px;">
<tbody>
<tr>
<td style="width: 2%; vertical-align: top; padding: 0px;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(</span><span>1</span><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top">
<p style="margin: 0px; color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman';">Refers to contracts with service providers and suppliers</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';">&#160;which establish trade agreements&#160;</span><span style="font-family: 'Times New Roman';">for</span><span style="font-family: 'Times New Roman';">&#160;convenience stores and gas stations.</span><br/></p>
</td>
</tr>
<tr>
<td style="width: 2%; vertical-align: top; padding: 0px;" valign="top"><br/></td>
<td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"><br/></td>
</tr>
<tr>
<td style="width: 2%; vertical-align: top; padding: 0px;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(</span><span>2</span><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top">
<p style="margin: 0px; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'Times New Roman';">Refers to contracts with suppliers of convenience stores</span><span style="font-family: 'Times New Roman';">,&#160;</span><span style="font-family: 'Times New Roman';">which establish, among other agreements, promotional campaigns.</span><br/></p>
</td>
</tr>
<tr>
<td style="width: 2%; vertical-align: top; padding: 0px;" valign="top"><br/></td>
<td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"><br/></td>
</tr>
<tr>
<td style="width: 2%; vertical-align: top; padding: 0px;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(</span><span>3</span><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Refers</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;substantially</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;to&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">PIS and COFINS&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">credits (see Note&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"><span><span style="border-left: none; border-right: none;">8</span></span></span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">.a.</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"><span><span style="border-left: none; border-right: none;">3</span></span></span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">)</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">,</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">recorded</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;in</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;<span><span style="border-left: none; border-right: none;">2021</span></span></span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">.</span></td>
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<tr>
<td style="width: 2%; vertical-align: top; padding: 0px;" valign="top"><br/></td>
<td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"><br/></td>
</tr>
<tr>
<td style="width: 2%; vertical-align: top; padding: 0px;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(</span><span>4</span><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)&#160;</span></td>
<td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Refers to&#160;Ipiranga&#8217;s&#160;income and e</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">xpenses&#160;with property rentals</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;and sublease</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">, especially for establishment of&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">own&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">gas stations,</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;linked to contractual requirements for the preservation of the&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">b</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">rand.</span></td>
</tr>
<tr>
<td style="width: 2%; vertical-align: top; padding: 0px;" valign="top"><br/></td>
<td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"><br/></td>
</tr>
<tr>
<td style="width: 2%; vertical-align: top; padding: 0px;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(</span><span>5</span><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Refers substantially to ICMS, ISS, PIS and COFINS.</span></td>
</tr>
<tr>
<td style="width: 2%; vertical-align: top; padding: 0px;" valign="top"><br/></td>
<td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"><br/></td>
</tr>
<tr style="margin: 0px; text-indent: 0px;">
<td style="width: 2%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(</span><span>6</span><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Refers to the obligation adopted by the&#160;</span>RenovaBio<span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;to set&#160;</span>decarbonization<span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;targets for its sector.</span></td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The tabular disclosure of other operating income (expense), net.</p></div>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147279059576">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Finance income (Expense) (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
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<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 2021 </span></p>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
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<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 2020 </span></p>
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<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: top; height: 17px; text-align: center;"><span style="font-weight: bold; font-size: 8pt;">2019</span></td>
<td style="vertical-align: top; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; text-align: center;"><span style="font-weight: bold; font-size: 8pt;"><span style="color: #000000; font-family: 'times new roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Re-presented</span> (i)</span></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #ffffff; height: 17px; text-align: center;"><span style="font-size: 8pt; font-weight: bold;"><span style="color: #000000; font-family: 'times new roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Re-presented</span> (i)</span></td>
<td style="vertical-align: top; background-color: #ffffff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 59%; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Finance income: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; width: 1%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; width: 12%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Interest on financial investments </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 101,326 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 93,667 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 203,323</span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Interest from customers </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 109,999 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 132,155 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 126,606</span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Changes in subscription warrants &#8211; indemnification (see Note 25) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 33,180 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> -</span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-size: 10pt;"> Selic interest on extraordinary PIS/COFINS credits (see Note 8.a.3) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 201,795 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 121,565 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 11,146</span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Other finance income </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 13,854 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 10,279 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,207</span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 460,154 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 357,666 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 344,282</span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Finance expenses: </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160; &#160;</span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Interest on loans </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (410,430 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (337,324 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(459,995</span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Interest on debentures </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (306,539 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (321,656 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(482,238</span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Interest on leases payable&#160;</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (110,878 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (109,318 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(91,956</span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Bank charges, financial transactions tax, and other charges </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (70,801 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (46,878 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(45,553</span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">)</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Exchange variation, net of gains and losses with derivative financial instruments </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (239,106 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (58,944 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">)</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 90,372</span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-size: 10pt;"> Changes in subscription warrants &#8211; indemnification (see Note 25) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (17,353 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(7,760</span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Interest of provisions and other expenses </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (85,132 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (16,541 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(20,503</span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (1,222,886 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (908,014 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">)</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; border-bottom: 1pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(1,017,633</span></p>
</td>
<td style="vertical-align: top; padding: 0px; height: 10px;">)</td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Finance income (expense) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (762,732 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> (550,348 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;">)</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(673,351</span></p>
</td>
<td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 18px;">)</td>
</tr>
</tbody>
</table>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify; padding-left: 90px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">&#160; &#160; &#160; (i)</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">For further details, see Note 3.c.3.</span></span></p>
<span></span>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The tabular disclosure of finance income (expense)</p></div>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147279032408">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Earnings per share (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
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<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_EarningsPerShareAbstract', window );"><strong>Earnings per share [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
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<tr class="ro">
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The table below presents a reconciliation of numerators and denominators used in computing earnings per share. The Company has a deferred stock plan</span><span style="font-family: 'Times New Roman';"> and subscription warrants </span><span style="font-family: 'Times New Roman';">&#8211;</span><span style="font-family: 'Times New Roman';"> indemnification</span><span style="font-family: 'Times New Roman';">, as mentioned in Notes </span><span style="font-family: 'Times New Roman';">9</span><span style="font-family: 'Times New Roman';">.c</span><span style="font-family: 'Times New Roman';"> and </span><span style="font-family: 'Times New Roman';">25</span><span style="font-family: 'Times New Roman';">, respectively.&#160; &#160;</span></span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<table cellpadding="0" style="height: 0px; border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px;" width="100%">
<tbody>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td colspan="7" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 2021 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="7" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 2020 - <span style="color: #000000; font-family: 'times new roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Re-presented</span> (ii) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #ffffff; height: 17px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="7" style="vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 17px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 2019 - <span style="color: #000000; font-family: 'times new roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Re-presented</span> (ii) </span></p>
</td>
<td style="vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 36px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 36px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 36px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Continuing operations </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 36px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 36px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 36px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt; font-weight: bold;"> Discontinued operations (i) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 36px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 36px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 36px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 36px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 36px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 36px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Continuing operations </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 36px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 36px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 36px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt; font-weight: bold;"> Discontinued operations&#160; (i) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 36px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 36px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 36px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 36px;"><br/></td>
<td style="vertical-align: top; height: 36px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1pt solid #000000; height: 36px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Continuing operations </span></p>
</td>
<td style="vertical-align: bottom; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 36px;"><br/></td>
<td style="vertical-align: bottom; height: 36px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1pt solid #000000; height: 36px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt; font-weight: bold;"> Discontinued operations&#160; (i) </span></p>
</td>
<td style="vertical-align: bottom; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 36px;"><br/></td>
<td style="vertical-align: bottom; height: 36px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; border-bottom: 1pt solid #000000; height: 36px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-weight: bold;"><span style="font-family: 'Times New Roman'; font-size: 8pt;">T</span><span style="font-family: 'Times New Roman'; font-size: 8pt;">otal </span></span></p>
</td>
<td style="vertical-align: bottom; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 36px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Basic earnings per share </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: top; background-color: #cceeff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; width: 29%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net income for the year of the Company </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 785,199 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 65,264 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 850,463 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 612,750 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 280,633 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 893,383 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="vertical-align: top; height: 10px; padding: 0px; width: 1%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="height: 10px; vertical-align: bottom; text-align: right; padding: 0px; width: 6%; margin: 0px; text-indent: 0px;" valign="bottom">865,783</td>
<td style="vertical-align: bottom; text-align: right; padding: 0px; width: 1%; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; width: 1%; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; width: 6%; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(492,257</span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; width: 1%; margin: 0px; text-indent: 0px; height: 10px;">)</td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; width: 1%; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; width: 6%; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 373,526</span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; width: 1%; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Weighted average shares outstanding (in thousands) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,090,500 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,090,500 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,090,500 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,089,414 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,089,414 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,089,414 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,086,485</span></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="background-color: #cceeff; height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,086,485</span></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="background-color: #cceeff; height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,086,485</span></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Basic earnings per share &#8211; R$ </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 0.7200 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 0.0598 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 0.7799 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 0.5625 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 0.2576 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 0.8201 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 0.7969</span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(0.4531</span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;">)</td>
<td style="height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 0.3438</span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Diluted earnings per share </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="background-color: #cceeff; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="background-color: #cceeff; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net income for the year of the Company </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 785,199 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 65,264 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 850,463 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 612,750 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 280,633 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 893,383 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="vertical-align: top; height: 10px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 865,783</span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(492,257</span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;">)</td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 373,526</span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Weighted average shares outstanding (in thousands), including dilution effects </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,096,962 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,096,962 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,096,962 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,095,842 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,095,842 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,095,842 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; height: 18px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; height: 18px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,092,873</span></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="background-color: #cceeff; height: 18px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; height: 18px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,092,873</span></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
<td style="background-color: #cceeff; height: 18px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; height: 18px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,092,873</span></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 18px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Diluted earnings per share &#8211; R$ </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 0.7158 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 0.0595 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 0.7753 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 0.5592 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 0.2561 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 0.8152 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; height: 17px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 0.7922</span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(0.4504</span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;">
<p style="padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">)</p>
</td>
<td style="height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 0.3418</span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Weighted average shares outstanding (in thousands) </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; height: 10px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="background-color: #cceeff; height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="background-color: #cceeff; height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Weighted average shares outstanding for basic per share </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,090,500 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,089,414 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="vertical-align: top; height: 10px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,086,485</span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Dilution effect </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="background-color: #cceeff; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="background-color: #cceeff; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160; &#160;</span></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt;"><span style="font-size: 10pt;"> &#160;&#160;&#160;&#160; Subscription warrants &#8211;&#160;&#160;&#160;&#160;&#160;&#160; indemnification </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,548 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,570 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="vertical-align: top; height: 10px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 3,774</span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160;&#160;&#160;&#160; Deferred stock plan </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,914 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,858 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="vertical-align: top; background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="background-color: #cceeff; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
<td style="background-color: #cceeff; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,614</span></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Weighted average shares outstanding for diluted per share </span></p>
</td>
<td style="padding: 0px; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><br/></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom"><br/></td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom"><br/></td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,096,962 </span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom"><br/></td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom"><br/></td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom"><br/></td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,095,842 </span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom"><br/></td>
<td style="height: 10px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="border-bottom: 2.8pt double #000000; height: 10px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom"><br/></td>
<td style="height: 10px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="border-bottom: 2.8pt double #000000; height: 10px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom"><br/></td>
<td style="height: 10px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="border-bottom: 2.8pt double #000000; height: 10px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,092,873</span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"><br/></td>
</tr>
</tbody>
</table>
<p style="margin: 0px; break-after: avoid; break-inside: avoid; text-align: justify; text-indent: 0px;"><br/></p>
<p style="margin: 0px; break-after: avoid; break-inside: avoid; text-align: justify; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">(i) </span><span style="font-family: 'Times New Roman';">For further details, s</span><span style="font-family: 'Times New Roman';">ee</span><span style="font-family: TimesNewRoman;"> </span><span style="font-family: TimesNewRoman;">N</span><span style="font-family: TimesNewRoman;">ot</span><span style="font-family: TimesNewRoman;">e</span><span style="font-family: TimesNewRoman;"> <span style="border-left: none; border-right: none;">3</span>.c.<span style="border-left: none; border-right: none;">2</span></span><span style="font-family: TimesNewRoman;">.</span></span></p>
<p style="margin: 0px; break-after: avoid; break-inside: avoid; text-align: justify; text-indent: 0px;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">(ii) </span><span style="font-family: 'Times New Roman';">For further details, s</span><span style="font-family: 'Times New Roman';">ee</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: TimesNewRoman;">N</span><span style="font-family: TimesNewRoman;">ot</span><span style="font-family: TimesNewRoman;">e</span><span style="font-family: TimesNewRoman;"> <span style="border-left: none; border-right: none;">3</span>.c.<span style="border-left: none; border-right: none;">3</span></span><span style="font-family: TimesNewRoman;">.</span></span></p>
</div>
<p style="margin: 0px; break-after: avoid; break-inside: avoid; text-align: justify; text-indent: 0px;"><br/></p>
<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_EarningsPerShareAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_EarningsPerShareAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_EarningsPerShareExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of earnings per share.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2021-01-01<br> -Paragraph 66<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_EarningsPerShareExplanatory</td>
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<head>
<title></title>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147275117096">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Risks and Financial Instruments (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsAbstract', window );"><strong>Disclosure of detailed information about financial instruments [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfAssetsAndLiabilitiesInForeignCurrenciesTableTextBlock', window );">Assets and liabilities in foreign currencies</a></td>
<td class="text">
<table cellpadding="0" style="height: 275px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Assets in foreign currency </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 73%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Cash, cash equivalents and financial investments in foreign currency (except hedging instruments) </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span> 122,242 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; width: 1%; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; width: 1%; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 10px; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span> 1,413,276 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; width: 1%; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Foreign trade receivables, net of loss allowance for expected credit losses and advances to foreign customers </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 1,324 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 307,829 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Other assets </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 186,548 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 1,767,626 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Asset exposure from subsidiaries held for sale </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 3,839,194 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span> 4,149,308 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span> 3,488,731 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Liabilities in foreign currency </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Financing in foreign currency, gross of transaction costs and discount </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (8,860,833</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (9,246,707</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payables arising from imports, net of advances to foreign suppliers </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (649,107</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (633,013</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Liabilities exposure from subsidiaries held for sale </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (884,402 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; border-top: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> (10,394,342</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; border-top: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><span> (9,879,720</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Foreign currency hedging instruments </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 2,933,572 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 4,837,554 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Foreign currency hedging instruments from subsidiaries held for sale </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 1,786,471 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Net liability position &#8211; total </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span> (1,524,991 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span> (1,553,435 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Net (liability) asset position &#8211; income statement effect </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (498,604 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 186,306 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Net liability position &#8211; equity effect from subsidiaries held for sale </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (1,026,387 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (1,739,741 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
</tbody>
</table>
<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfSensitivityAnalysisOfAssetsAndLiabilitiesInForeignCurrencyTableTextBlock', window );">Sensitivity analysis of assets and liabilities in foreign currency</a></td>
<td class="text">
<div style="border-left: none; border-right: none;">
<div id="Normadiv517" style="font-family: 'times new roman', times; font-size: 10pt;">
<div>
<div>
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The table below shows the effects of exchange rate changes on the net liability position of R$ 1,524,991 in foreign currency as of December 3<span style="border-left: none; border-right: none;">1</span>, <span style="border-left: none; border-right: none;">20</span><span style="border-left: none; border-right: none;">2</span><span style="border-left: none; border-right: none;">1</span>:</span></p>
</div>
</div>
</div>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 12.75pt;">
<td style="padding: 0px; vertical-align: bottom; width: 65.5279%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 21.3251%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Risk </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.9048%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Scenario </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.0352%;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding: 0px; vertical-align: bottom; width: 65.5279%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 21.3251%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 11.9048%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Base </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.0352%;"><br/></td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 65.5279%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Income statement effect </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 21.3251%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Real devaluation </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.9048%;">
<p style="margin: 0pt; text-align: right;"><span> (25,230 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0352%;">)</td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding: 0px; vertical-align: bottom; width: 65.5279%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 21.3251%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net effect </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9048%;">
<p style="margin: 0pt; text-align: right;"><span> (25,230 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.0352%;">)</td>
</tr>
<tr style="height: 12.75pt; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 65.5279%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Income statement effect </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 21.3251%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Real appreciation </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.9048%;">
<p style="margin: 0pt; text-align: right;"><span> 25,230 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0352%;"><br/></td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding: 0px; vertical-align: bottom; width: 65.5279%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 21.3251%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net effect </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9048%;">
<p style="margin: 0pt; text-align: right;"><span> 25,230 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.0352%;"><br/></td>
</tr>
</tbody>
</table>
<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateExplanatory', window );">Financial assets and liabilities exposed to floating interest rates</a></td>
<td class="text">
<div style="border-right: none; border-left: none;">
<div id="Normadiv518" style="font-family: 'times new roman', times; font-size: 10pt;">
<div>
<div>
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The financial assets and liabilities exposed to floating interest rates are demonstrated below:&#160;</span></p>
</div>
</div>
</div>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<table cellpadding="0" style="height: 265px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Note </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> DI </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 68%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Cash equivalents </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 5%;">
<p style="margin: 0pt; text-align: center;"><span> 5.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span> 1,943,164 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span> 2,241,852 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Financial investments </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 5.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 1,607,608 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 3,749,852 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Loans and debentures </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 17.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (4,855,517 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (6,947,362 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Liability position of foreign exchange hedging instruments &#8211; DI </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 33.g </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (2,283,625 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (2,124,146 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Liability position of fixed interest instruments + IPCA &#8211; DI </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 33.g </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (2,364,583 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (2,203,705 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Net liability position in DI </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> (5,952,953 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> (5,283,509 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> TJLP </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Loans &#8211; TJLP </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 17.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (326 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (29,803 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Net liability position in TJLP </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> (326 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> (29,803 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span> LIBOR </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span> Asset position of foreign exchange hedging instruments &#8211; LIBOR </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span> 33.g </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 279,047 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 260,958 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span> Loans &#8211; LIBOR </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 17.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (275,936 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> (573,484 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span> Net liability position in LIBOR </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> 3,111 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> (312,526 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total net liability position exposed to floating interest </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span> (5,950,168 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span> (5,625,838 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">)</td>
</tr>
</tbody>
</table>
<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfSensitivityAnalysisOfFloatingInterestRateRiskTableTextBlock', window );">Sensitivity analysis of floating interest rate risk</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The tables below show the incremental expenses and income that would be recognized in finance income, if the market curves of floating interest at the base date were applied to the average balances of the current year, due to the effect of floating interest rate.&#160;&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<table cellpadding="0" style="height: 214px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 67.6885%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 18.227%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 11.9304%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 0.9942%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 1.07705%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 67.6885%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 18.227%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Risk </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9304%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Scenario </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.07705%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 67.6885%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 18.227%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9304%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Base </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.07705%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 67.6885%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; text-decoration: underline;"> Exposure of interest rate risk </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 18.227%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9304%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.9942%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.07705%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 67.6885%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest effect on cash equivalents and financial </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 18.227%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Increase in DI </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9304%;">
<p style="margin: 0pt; text-align: right;"><span> 153,160 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; width: 1.07705%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 67.6885%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest effect on debt in DI </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 18.227%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Increase in DI </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9304%;">
<p style="margin: 0pt; text-align: right;"><span> (360,652 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.9942%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.07705%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 67.6885%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest rate hedging instruments (liabilities in DI) effect </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 18.227%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Increase in DI </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9304%;">
<p style="margin: 0pt; text-align: right;"><span> (221,157 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.07705%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 67.6885%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Incremental expenses </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 18.227%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9304%;">
<p style="margin: 0pt; text-align: right;"><span> (428,649 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.9942%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.07705%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 67.6885%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest effect on debt in TJLP </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 18.227%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Increase in TJLP </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9304%;">
<p style="margin: 0pt; text-align: right;"><span> (7 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.07705%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 67.6885%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Incremental expenses </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 18.227%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9304%;">
<p style="margin: 0pt; text-align: right;"><span> (7 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.9942%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.07705%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 67.6885%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span> Foreign exchange hedging instruments (assets in LIBOR) effect </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 18.227%;">
<p style="margin: 0pt; text-align: center;"><span> Increase in LIBOR </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9304%;">
<p style="margin: 0pt; text-align: right;"><span> 11 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.07705%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 67.6885%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span> Interest effect on debt in LIBOR </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 18.227%;">
<p style="margin: 0pt; text-align: center;"><span> Increase in LIBOR </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9304%;">
<p style="margin: 0pt; text-align: right;"><span> (94 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.9942%;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.07705%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 67.6885%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Incremental expenses </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 18.227%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9304%;">
<p style="margin: 0pt; text-align: right;"><span> (83 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.07705%;"><br/></td>
</tr>
</tbody>
</table>
<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfExternalCreditExposuresExplanatory', window );">Summary of credit risk of financial institution and government of cash, cash equivalents and financial investments</a></td>
<td class="text">
<div style="border-right: none; border-left: none;">
<div id="Normadiv521" style="font-family: 'times new roman', times; font-size: 10pt;">
<div>
<div>
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The credit risk of </span><span style="font-family: 'Times New Roman';">financial institution and government of </span><span style="font-family: 'Times New Roman';">cash, cash equivalents and financial investments is summarized below:&#160;</span></span></p>
</div>
</div>
</div>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<table cellpadding="0" style="height: 102px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 71.5021%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.23457%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="4" style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 26.1318%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Fair value </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; border-bottom: 1pt solid #000000; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 71.5021%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Counterparty credit rating </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.23457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 11.9342%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; width: 1.23457%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.02881%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 11.9342%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 71.5021%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> AAA </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.23457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> 3,606,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.23457%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> 8,190,428 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 71.5021%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> AA </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.23457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> 740,879 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.23457%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> 317,894 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 71.5021%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> A </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.23457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> 116,594 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.23457%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> 163,838 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 71.5021%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.23457%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> 4,463,473 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.23457%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> 8,672,160 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 1.02881%;"><br/></td>
</tr>
</tbody>
</table>
<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfAllowanceForDoubtfulAccountsOnTradeReceivablesTableTextBlock', window );">Loss allowance for expected credit losses balances on trade receivables</a></td>
<td class="text">
<div style="border-right: none; border-left: none;">
<div id="Normadiv522" style="font-family: 'times new roman', times; font-size: 10pt;">
<div>
<div>
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The subsidiaries of the Company maintained the following loss allowance for expected credit losses balances on trade receivables:</span></p>
</div>
</div>
</div>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<table cellpadding="0" style="height: 119px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9342%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.02881%; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.13169%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 12.037%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.02881%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Ipiranga </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> 422,542 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.13169%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> 447,389 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Ultragaz </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> 135,565 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.13169%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> 113,621 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Oxiteno (*) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.13169%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> 16,430 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Extrafarma (*) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.13169%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> 73 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Ultracargo </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> 1,526 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.13169%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> 1,594 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> 559,633 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.13169%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> 579,107 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 1.02881%; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<div id="Normadiv523" style="font-family: 'times new roman', times; font-size: 10pt;">
<div>
<div>
<div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">(*) On December 31, 2021 the balances were reclassified to assets of subsidiaries held for sale.</span></p>
</div>
</div>
</div>
</div>
</div>
<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfCreditRiskExposureExplanatory', window );">Credit risk exposure</a></td>
<td class="text">
<div style="border-right: none; border-left: none;">
<div id="Normadiv524" style="font-family: 'times new roman', times; font-size: 10pt;">
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<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The table below presents information about credit risk exposure, resulting from the additions of the balances of trade receivables and reseller financing:&#160;</span></p>
</div>
</div>
</div>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<table cellpadding="0" style="height: 132px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 28.9147%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td colspan="7" style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 33.9686%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; border-bottom: 1pt solid #000000; height: 17px; width: 0.9942%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 0.9942%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td colspan="7" style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 33.9686%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; border-bottom: 1pt solid #000000; width: 1.07705%; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 28.9147%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 10.0249%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Weighted average rate of losses </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 0.9942%; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 0.9942%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 10.0249%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Accounting balance </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 0.9942%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; width: 0.9942%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 9.942%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Provision for losses </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 0.9942%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 0.9942%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 10.0249%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Weighted average rate of losses </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 0.9942%; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 0.9942%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 10.0249%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Accounting balance </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 0.9942%; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; width: 0.9942%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 9.942%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Provision for losses </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 1.07705%; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; text-align: left; width: 28.9147%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: left;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Current </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 0.6% </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 3,901,536 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 23,476 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 1.2% </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 3,751,067 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 44,091 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.07705%; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; text-align: left; width: 28.9147%;">
<p style="margin: 0pt; text-align: left;"><span> less than 30 days </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%;">
<p style="margin: 0pt; text-align: right;"><span> 7.3% </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%;">
<p style="margin: 0pt; text-align: right;"><span> 109,284 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.942%;">
<p style="margin: 0pt; text-align: right;"><span> 8,005 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%;">
<p style="margin: 0pt; text-align: right;"><span> 2.2% </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%;">
<p style="margin: 0pt; text-align: right;"><span> 134,836 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.942%;">
<p style="margin: 0pt; text-align: right;"><span> 2,939 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.07705%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; text-align: left; width: 28.9147%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: left;"><span> 31-60 days </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 20.4% </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 57,545 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 11,746 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 8.2% </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 43,207 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 3,563 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.07705%; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; text-align: left; width: 28.9147%;">
<p style="margin: 0pt; text-align: left;"><span> 61-90 days </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%;">
<p style="margin: 0pt; text-align: right;"><span> 23.0% </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%;">
<p style="margin: 0pt; text-align: right;"><span> 39,177 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.942%;">
<p style="margin: 0pt; text-align: right;"><span> 9,016 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%;">
<p style="margin: 0pt; text-align: right;"><span> 10.9% </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%;">
<p style="margin: 0pt; text-align: right;"><span> 42,589 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.942%;">
<p style="margin: 0pt; text-align: right;"><span> 4,630 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.07705%; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; text-align: left; width: 28.9147%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: left;"><span> 91-180 days </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 10.0249%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 49.1% </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 10.0249%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 50,588 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 24,818 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 10.0249%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 36.8% </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 10.0249%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 76,158 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 28,062 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.07705%; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; text-align: left; width: 28.9147%;">
<p style="margin: 0pt; text-align: left;"><span> more than 180 days </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 10.0249%;">
<p style="margin: 0pt; text-align: right;"><span> 57.5% </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 10.0249%;">
<p style="margin: 0pt; text-align: right;"><span> 838,532 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.942%;">
<p style="margin: 0pt; text-align: right;"><span> 482,572 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 10.0249%;">
<p style="margin: 0pt; text-align: right;"><span> 55.7% </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 10.0249%;">
<p style="margin: 0pt; text-align: right;"><span> 890,756 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.942%;">
<p style="margin: 0pt; text-align: right;"><span> 495,822 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.07705%; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 28.9147%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 10.0249%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 4,996,662 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 9.942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 559,633 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 10.0249%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 4,938,613 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 9.942%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 579,107 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 1.07705%; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfAllowanceForDoubtfulAccountsOnTradeReceivablesByGeographicAreaExplanatoryTextBlock', window );">Summary of loss allowance for expected credit losses balances by geographic area</a></td>
<td class="text">
<div id="Normadiv525" style="font-family: 'times new roman', times; font-size: 10pt;">
<div>
<div>
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The information about </span><span style="font-family: 'Times New Roman';">loss allowance for expected credit losses</span><span style="font-family: 'Times New Roman';"> balances by geographic area are as follows:</span></span></p>
</div>
</div>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<table cellpadding="0" style="height: 120px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9342%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.33745%; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.02881%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 12.037%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.02881%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Brazil </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> 559,532 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.33745%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> 568,461 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> United States of America and Canada </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> 3 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.33745%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> 1,146 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Other Latin America countries </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> 15 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.33745%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> 271 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Europe </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> 66 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.33745%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> 9,120 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Others </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> 17 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.33745%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> 109 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%; height: 17px;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> 559,633 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.33745%; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.02881%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> 579,107 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%; height: 18px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDerivativeFinancialInstrumentsExplanatory', window );">Positions of derivative financial instruments to hedge commodity price risk</a></td>
<td class="text">
<div id="Normadiv526" style="font-family: 'times new roman', times; font-size: 10pt;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The table below shows the positions of derivative financial instruments to hedge commodity price risk at December 3<span style="border-left: none; border-right: none;">1</span>, <span style="border-left: none; border-right: none;">202</span><span style="border-left: none; border-right: none;">1</span>:</span></p>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<div style="border-left: none; border-right: none;">
<table cellpadding="0" style="height: 71px; border-collapse: collapse; margin: 0px 0px 0px 0.1px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px;" width="100%">
<tbody>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 8.26245%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Derivative </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.45808%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="5" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 23.6938%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Contract </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 19.4411%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">Notional amount (m <span style="font-size: 7pt;"><sup>3</sup></span></span><span style="font-family: 'Times New Roman'; font-weight: bold;">)</span></span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; width: 1.21507%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 19.4411%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Notional amount (USD thousands) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 19.5626%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Fair value (R$ thousands) </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 8.26245%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.45808%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.68287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Position </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.45808%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.68287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Product </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.45808%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.41191%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Maturity </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 8.38396%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 8.38396%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.21507%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 8.38396%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 8.38396%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 8.50547%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.45808%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 8.50547%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 8.26245%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Term </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.45808%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 6.68287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Sold </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.45808%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 6.68287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Heating Oil </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.45808%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.41191%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> jan-22 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 8.38396%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 167,255 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 8.38396%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 108,429 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.21507%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 8.38396%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 103,148 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 8.38396%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 42,399 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 8.50547%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 2,269 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.45808%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 8.50547%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (563 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.09356%; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 8.26245%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Term </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.45808%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.68287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Sold </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.45808%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.68287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> RBOB </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.45808%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.41191%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> jan-22 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.38396%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 29,413 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.38396%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21507%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.38396%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 17,112 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.38396%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.50547%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (967 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.09356%; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45808%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.50547%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.26245%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45808%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.68287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45808%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.68287%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45808%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.41191%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; background-color: #cceeff; width: 8.38396%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 17px; background-color: #cceeff; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; background-color: #cceeff; width: 8.38396%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 17px; background-color: #cceeff; width: 1.21507%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; background-color: #cceeff; width: 8.38396%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 17px; background-color: #cceeff; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; height: 17px; padding: 0px; background-color: #cceeff; width: 8.38396%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="vertical-align: bottom; padding: 0px; height: 17px; background-color: #cceeff; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57959%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; width: 8.50547%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 1,302 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.09356%; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45808%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; width: 8.50547%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (563 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.09356%; margin: 0px; text-indent: 0px;">)</td>
</tr>
</tbody>
</table>
</div>
</div>
<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAnalysisForDerivativeFinancialLiabilities', window );">Contractual undiscounted cash outflows</a></td>
<td class="text">
<div style="border-right: none; border-left: none;">
<div id="Normadiv527" style="font-family: 'times new roman', times; font-size: 10pt;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The table below presents a summary of financial liabilities as of December 3<span style="border-left: none; border-right: none;">1</span>, <span style="border-left: none; border-right: none;">20</span><span style="border-left: none; border-right: none;">2</span><span style="border-left: none; border-right: none;">1</span> by the Company and its subsidiaries, listed by maturity. The amounts disclosed in this table are the contractual undiscounted cash outflows, and, therefore, these amounts &#8203;&#8203;may be different from the amounts disclosed on the balance sheet.&#160;</span></p>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<table cellpadding="0" style="height: 50px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Financial liabilities </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Less than <span style="border-left: none; border-right: none;">1</span> year </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span> Between 1 and 3 years </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span> Between 3 and 5 years </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span> More than 5 years </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 31%;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Loans including future contractual interest <span style="font-size: 9pt;"><sup>(1) (2)</sup></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span> 19,825,386 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span> 3,605,377 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span> 5,081,235 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span> 4,237,708 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span> 6,901,066 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times;">Currency and interest rate hedging instruments<span style="font-size: 9pt;"><sup> (3)</sup></span></span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 747,861 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 214,846 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 272,208 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 169,274 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 91,533 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Trade payables </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 5,789,954 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 5,789,954 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Leases payable </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 2,145,602 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 304,007 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 505,547 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 370,828 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 965,220 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
</tbody>
</table>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div style="border-left: none; border-right: none;">
<table style="width: 100%; margin: 0px; font-family: 'times new roman'; font-size: 10pt; text-indent: 0px; height: 78px;">
<tbody>
<tr style="height: 10px;">
<td style="width: 1%; text-align: justify; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top; height: 10px;" valign="top"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(</span><span style="border-left: none; border-right: none;">1</span><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="width: 99%; text-align: justify; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top; height: 10px;" valign="top"><span style="font-size: 10pt; font-family: 'times new roman', times;">To calculate the estimated interest on loans some macroeconomic assumptions were used, including&#160;averaging&#160;for the period&#160;the following:&#160;(i) DI of&#160;11.74%&#160;to&#160;2022&#160;and&#160;10.32%&#160;to&#160;2023;&#160;(ii) exchange rate of the&#160;Real&#160;against the U.S. dollar of&#160;R$&#160;5.75&#160;in&#160;2022, R$&#160;5.45&#160;in&#160;2023, R$&#160;5.10&#160;in&#160;2024&#160;and R$&#160;4.90&#160;as from&#160;2025;&#160;(iii) TJLP of&#160;6.08%;&#160;(iv) IPCA of&#160;5.11% in&#160;2022,&#160;3.32%&#160;in&#160;2023,&#160;3.1% in&#160;2024&#160;and&#160;3.0% as from&#160;2025.&#160;(source:&#160;B3, Bulletin Focus and financial institutions).</span></td>
</tr>
<tr style="height: 17px;">
<td style="text-align: justify; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top; height: 17px;" valign="top"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(</span><span style="border-left: none; border-right: none;">2</span><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="text-align: justify; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top; height: 17px;" valign="top">&#160;Includes estimated interest payments on short-term and long-term loans until the payment date.</td>
</tr>
<tr style="height: 51px;">
<td style="text-align: justify; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top; height: 51px;" valign="top"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(</span><span style="border-left: none; border-right: none;">3</span><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="text-align: justify; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top; height: 51px;" valign="top">The currency and interest rate hedging instruments were estimated based on projected U.S dollar futures contracts and the futures curves&#160;of DI x prefixed rate and&#160;DI&#160;x IPCA&#160;contracts&#160;quoted on&#160;B3&#160;on&#160;December&#160;31,&#160;2021&#160;and on the futures curve of&#160;LIBOR&#160;(ICE&#160;&#8211;&#160;Intercontinental&#160;Exchange)&#160;and commodities heating oil&#160;contracts quoted on&#160;New York Mercantile Exchange&#160;(&#8220;NYMEX&#8221;)&#160;on&#160;December 31,&#160;2021. In the table above, only the hedging instruments with negative results&#160;at the time of settlement were considered.</td>
</tr>
</tbody>
</table>
</div>
<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory', window );">Position of hedging instruments</a></td>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The table below summarizes the position of hedging instruments entered by the Company and its subsidiaries:&#160;&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; text-decoration: underline;">Designated as hedge accounting</span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<table cellpadding="0" style="height: 0px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px; margin-left: 0.1px;" width="100%">
<tbody>
<tr style="height: 14px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 14px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Product </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 14px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Hedged object </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td colspan="2" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Rates agreement </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Maturity </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Note </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 8pt;"><span style="font-family: 'Times New Roman'; font-weight: bold;">Notional amount <sup>1</sup></span></span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 14px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Fair value </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 14px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Assets </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Liabilities </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; background-color: #cceeff; width: 17%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Foreign exchange swap </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 9%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Debt </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 9%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> USD + 4.65 % </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 9%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 104.87% DI </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 7%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> sep-23 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 5%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 33.h.1 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 9%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> USD 125,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 9%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> USD 185,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 7%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 212,510 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 7%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 298,889 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 1%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Foreign exchange swap </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Debt </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> USD + LIBOR-3M + 1.14% </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 105.00% DI </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> jun-22 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 33.h.1 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> USD 50,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> USD 50,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 109,332 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 94,782 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 18px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Interest rate swap </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Debt </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 4.59% + IPCA </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 102.00% DI </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> sep-28 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 33.h.1 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> R$ 2,266,054 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> R$ 806,054 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 166,468 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 203,837 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Interest rate swap </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Debt </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 6.47% </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 99.94% DI </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> nov-24 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 33.h.1 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> R$ 90,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> R$ 90,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (9,044 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 3,498 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Term&#160;</span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Firm commitments </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> BRL </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Heating Oil </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> jan-22 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 33.h.1 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> USD 120,260 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> USD 42,399 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 1,302 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (563 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> NDF </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Firm commitments </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> BRL </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> USD </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> jan-22 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 33.h.1 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> USD 68,361 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> USD 23,124 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="vertical-align: bottom; height: 10px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 5,702 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (733 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 486,270 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 599,710 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
</tbody>
</table>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<div id="Normadiv528" style="font-family: 'times new roman', times; font-size: 10pt;">
<div>
<div>
<div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold; text-decoration: underline;">Not designated as hedge accounting</span></p>
</div>
</div>
</div>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<table cellpadding="0" style="height: 0px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px; margin-left: 0.1px;" width="100%">
<tbody>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Product </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Hedged object </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td colspan="2" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Rates agreement </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Maturity </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">Notional amount <sup>1</sup></span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td colspan="4" style="padding-right: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; padding-left: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Fair value </span></p>
</td>
<td style="padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; padding-left: 0px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Assets </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Liabilities </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 17%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Foreign exchange swap </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 10%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Debt </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 10%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> USD + 0.18% </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 10%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 55.5% DI </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 8%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 9%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 9%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> USD 320,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 8%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 8%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 300,000519,260 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> NDF </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Firm commitments </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> USD </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> BRL </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> jun-22 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> USD 625,762 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> USD 378,550 </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="vertical-align: bottom; height: 10px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 3,463 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (112,152 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 13px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 13px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Interest rate swap </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 13px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Debt </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2.67% </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 100% DI </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 13px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> R$ 1,300,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 13px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="vertical-align: bottom; height: 13px; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 13px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (5 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 13px; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Interest rate swap&#160;</span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Debt </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 5.25% </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> DI - 1.36% </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> jun-29 </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> USD 300,000</span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="vertical-align: bottom; height: 10px; padding: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (126,752 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> (123,289 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span> 407,103 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<div id="Normadiv529" style="font-family: 'times new roman', times; font-size: 10pt;">
<div>
<div>
<div>
<p style="margin: 2pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;"><sup><span>(1) </span></sup>Currency as indicated.</span></p>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutHedgesExplanatory', window );">Summary of foreign exchange hedging instruments designated as fair value hedge</a></td>
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<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The foreign exchange hedging instruments designated as fair value hedge are:</span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<table cellpadding="0" style="height: 102px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> In thousands, except the DI % </span></p>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> &#160; </span></p>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 73%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Notional amount &#8211; US$ </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span> 175,000 </span></p>
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<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span> 235,000 </span></p>
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<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"><br/></td>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Result of hedging instruments &#8211; gain/(loss) &#8211; R$ </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 21,812 </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 574,378 </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
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<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Fair value adjustment of debt &#8211; R$ </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 47,064 </span></p>
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<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (13,131 </span></p>
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<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Finance expense in the statements of profit or loss &#8211; R$ </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (105,059 </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (597,735 </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
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<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Average effective cost &#8211; DI % </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 104.9 </span></p>
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<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> &#160; </span></p>
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<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 104.1 </span></p>
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<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
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<p style="margin: 0pt; text-align: justify;"><span>For more information, see Note 17.c.1.</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The interest rate hedging instruments designated as fair value hedge are:</span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
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<table cellpadding="0" style="height: 102px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> In thousands, except the DI % </span></p>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
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<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 73%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Notional amount &#8211; US$ </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span> 2,226,054 </span></p>
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<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span> 806,054 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Result of hedging instruments &#8211; gain/(loss) &#8211; R$&#160;</span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (17,922 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 67,446 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fair value adjustment of debt &#8211; R$ </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 166,374 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (18,446 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Finance expense in the statements of profit or loss &#8211; R$ </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (245,710 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (99,555 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Average effective cost &#8211; DI % </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 102.0 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 95.8 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
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<div id="Normadiv531" style="font-family: 'times new roman', times; font-size: 10pt;">
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<p style="margin: 0pt; text-align: justify;"><span>For more information, see Notes 17.f.2, 17.f.4, 17.f.6, 17.f.8, 17.f.9 and f.10.</span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<table cellpadding="0" style="height: 102px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> In thousands, except the DI % </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 73%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Notional amount &#8211; US$ </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span> 90,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span> 90,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Result of hedging instruments &#8211; gain/(loss) &#8211; R$ </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (10,088 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 6,528 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fair value adjustment of debt &#8211; R$ </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 11,756 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 3,250 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Finance expense in the statements of profit or loss &#8211; R$ </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (5,914 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (8,968 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Average effective cost &#8211; DI % </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 99.9 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 99.9 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">For more information, see Note </span><span>17</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';">f</span><span>.7.</span></span></p>

<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<table cellpadding="0" style="height: 54px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80.0001%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> In thousands </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 73%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Notional amount &#8211; US$ </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span> 188,621 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><span> 65,523 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Result of hedging instruments &#8211; gain/(loss) &#8211; R$ </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (129,670 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> (87,448 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fair value adjustment of inventories &#8211; R$ </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (4,352 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 18,468 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
</tbody>
</table>
<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfValueOfGainsLossesRecognizedTableTextBlock', window );">Value of gains (losses) recognized</a></td>
<td class="text">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">The following tables summarize the value of gains (losses) recognized, which affected the equity of the Company and its subsidiaries:</span></p>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<div style="border-right: none; border-left: none;">
<table cellpadding="0" style="height: 112px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="4" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 26.1317%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9342%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Profit (loss)</span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.02881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.13169%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 12.037%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Equity </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 72.7366%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> a &#8211; Currency swaps&#160;receivable in U.S. dollars (i) and (ii) and commodities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9342%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (205,680 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13169%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12.037%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> b &#8211; Interest rate swaps in R$ (iii) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> (101,488 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.13169%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> c &#8211; Non-derivative financial instruments (iv) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9342%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 21,547 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.13169%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> (753,655 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> (285,621 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.13169%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> (753,655 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%;">)</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<table cellpadding="0" style="height: 92px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="4" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 26.1317%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9342%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Profit (loss)</span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.02881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.13169%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 12.037%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Equity </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 72.7366%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> a &#8211; Currency swaps&#160;receivable in U.S. dollars (i) and (ii) and commodities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9342%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 497,210 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13169%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12.037%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.02881%; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> b &#8211; Currency swaps&#160;payable in U.S. dollars (ii) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> (330,999 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.02881%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13169%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> 80 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> c &#8211; Interest rate swaps in R$ (iii) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> 58,131 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.02881%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.13169%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> d &#8211; Non-derivative financial instruments (iv) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> (919,219 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.02881%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13169%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> (737,471 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.02881%;">)</td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; background-color: #cceeff; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> (694,877 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.02881%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.13169%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> (737,391 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.02881%;">)</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<table cellpadding="0" style="height: 112px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td colspan="4" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 26.1317%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2019 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9342%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Profit or loss </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.02881%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.13169%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 12.037%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Equity </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 72.7366%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> a &#8211; Currency swaps&#160;receivable in U.S. dollars (i) and (ii) and commodities </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9342%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 230,000 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1.02881%; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13169%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12.037%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.02881%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> b &#8211; Currency swaps&#160;payable in U.S. dollars (ii) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> (1,667 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.13169%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> (80 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> c &#8211; Interest rate swaps in R$ (iii) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> (4,035 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.13169%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> d &#8211; Non-derivative financial instruments (iv) </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> (262,098 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.13169%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> (348,959 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.7366%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9342%;">
<p style="margin: 0pt; text-align: right;"><span> (37,800 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.13169%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 12.037%;">
<p style="margin: 0pt; text-align: right;"><span> (349,039 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;">)</td>
</tr>
</tbody>
</table>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<div style="border-left: none; border-right: none;">
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">
<tbody>
<tr>
<td style="width: 1%; vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(i)</span></td>
<td style="width: 98%; vertical-align: top;" valign="top"><span style="font-family: 'Times New Roman';">D</span><span style="font-family: 'Times New Roman';">oes not consider the effect of exchange rate variation of exchange&#160;</span><span style="font-family: 'Times New Roman';">S</span><span style="font-family: 'Times New Roman';">waps receivable in U</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';">S</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';">&#160;dollars when this effect is offset in the gain or loss of the hedged item (debt</span><span style="font-family: 'Times New Roman';">/</span><span style="font-family: 'Times New Roman';">firm commitments</span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';">.</span></td>
</tr>
<tr>
<td style="vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(ii)</span></td>
<td style="vertical-align: top;" valign="top"><span style="font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Considers the designation effect of foreign exchange hedging</span><span style="font-family: 'Times New Roman';">.</span></span></td>
</tr>
<tr>
<td style="vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(iii)</span></td>
<td style="vertical-align: top;" valign="top"><span style="font-family: 'Times New Roman';">C</span><span style="font-family: 'Times New Roman';">onsiders&#160;the designation effect of interest rate hedging in Brazilian&#160;Reais</span><span style="font-family: 'Times New Roman';">; and</span></td>
</tr>
<tr>
<td style="vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(iv)</span><br/></td>
<td style="vertical-align: top;" valign="top"><span style="font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Considers the&#160;</span><span style="font-family: 'Times New Roman';">results</span><span style="font-family: 'Times New Roman';">&#160;of notes in&#160;</span><span style="font-family: 'Times New Roman';">the&#160;</span><span style="font-family: 'Times New Roman';">foreign market</span><span style="font-family: 'Times New Roman';">&#160;(for&#160;</span><span style="font-family: 'Times New Roman';">more</span><span style="font-family: 'Times New Roman';">&#160;information see Note&#160;</span><span>17</span><span style="font-family: 'Times New Roman';">.b).</span></span></td>
</tr>
</tbody>
</table>
</div>
<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueOfFinancialInstrumentsExplanatory', window );">Fair values and the carrying values of the financial instruments</a></td>
<td class="text">
<div style="border-right: none; border-left: none;">
<div id="Normadiv534" style="font-family: 'times new roman', times; font-size: 10pt;">
<div>
<div>
<div>
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">The fair values and the carrying values of the financial instruments, including currency and interest rate hedging instruments, are</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">stated below:</span></span></p>
</div>
</div>
</div>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 11pt;">&#160;</span></p>
<table cellpadding="0" style="height: 306px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td colspan="4" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td colspan="4" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 20px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Category </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Note </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Carrying value </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Fair value </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Carrying value </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Fair value </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 30%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial assets: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 26%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Cash and cash equivalents </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Cash and bank </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at amortized cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span>5.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 334,547 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 334,547 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 405,081 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 405,081 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial investments in local currency </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through other comprehensive income </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span>5.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 1,943,164 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 1,943,164 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 2,241,852 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 2,241,852 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial investments in foreign currency </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through profit or loss </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span>5.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 2,363 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 2,363 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 14,561 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 14,561 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial investments: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fixed-income securities and funds in local currency </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through profit or loss </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span>5.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 1,607,608 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 1,607,608 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 3,643,286 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 3,643,286 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fixed-income securities and funds in local currency </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through other comprehensive income </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span>5.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 31,315 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 31,315 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fixed-income securities (guarantee of loans) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at amortized cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span>5.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 75,251 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 75,251 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fixed-income securities and funds in foreign currency </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through other comprehensive income </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span>5.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 103,239 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 103,239 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 1,278,940 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 1,278,940 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Currency and interest rate hedging and commodities instruments </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through profit or loss </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span>5.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 472,552 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 472,552 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 981,874 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 981,874 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Trade Receivables </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at amortized cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span>6.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 3,438,995 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 3,367,012 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 3,391,122 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 3,369,766 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Reseller Financing </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at amortized cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span>6.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 998,034 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 992,359 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 968,384 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 965,645 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span> 8,900,502 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span> 8,822,844 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span> 13,031,666 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span> 13,007,571 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial liabilities: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financing </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through profit or loss </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span> 17.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 1,011,374 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 1,011,374 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 1,308,928 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 1,308,928 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financing </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at amortized cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 17.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 8,082,323 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 8,380,088 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 9,406,013 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 10,186,947 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Debentures </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at amortized cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span> 17.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 4,599,525 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 4,529,439 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 5,450,751 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 5,363,621 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Debentures </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through profit or loss </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 17.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 2,487,244 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 2,487,244 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 1,093,365 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 1,093,365 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Leases payable </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at amortized cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span> 14 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 1,348,311 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 1,348,311 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 1,833,288 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 1,833,288 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Commodities, currency and interest rate hedging instruments </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through profit or loss </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 17.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 197,177 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 197,177 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 117,159 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 117,159 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Trade payables </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at amortized cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span> 18 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 5,789,954 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 5,727,724 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 4,040,652 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span> 4,008,457 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Subscription warrants &#8211; indemnification </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through profit or loss </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 25 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 51,296 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 51,296 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 86,439 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 86,439 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span> 23,567,204 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span> 23,732,653 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span> 23,336,595 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><span> 23,998,204 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br/></td>
</tr>
</tbody>
</table>
<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementExplanatory', window );">Summary of the financial assets and financial liabilities measured at fair value</a></td>
<td class="text">
<div style="border-right: none; border-left: none;">
<p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The table below shows the categories of the financial assets and financial liabilities:&#160;</span></p>
<p style="margin: 0pt; text-align: justify;"><br/></p>
<table cellpadding="0" style="height: 237px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; border-style: none;" width="100%">
<tbody>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 34.2857%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 30.4348%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Category </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 4.96894%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Note </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.95031%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.11801%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.49068%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.95031%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Level <span style="border-left: none; border-right: none;">1</span> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.24224%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.49068%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.82609%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Level <span style="border-left: none; border-right: none;">2</span> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.24224%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial assets: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Cash and cash equivalents </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Cash and bank </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at amortized cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span> 5.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> 334,547 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial investments in local currency </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through other comprehensive income </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span> 5.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> 1,943,164 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> 1,943,164 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial investments in foreign currency </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through profit or loss </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span> 5.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> 2,363 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> 2,363 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial investments: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fixed-income securities and funds in local currency </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through profit or loss </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span> 5.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> 1,607,608 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> 1,607,608 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fixed-income securities and funds in foreign currency </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through other comprehensive income </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span> 5.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> 103,239 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> 103,239 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Currency and interest rate hedging and commodities instruments </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through profit or loss </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span> 5.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> 472,552 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> 472,552 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Trade Receivables </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at amortized cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span> 6.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> 3,367,012 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Reseller Financing </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at amortized cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span> 6.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> 992,359 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> 8,822,844 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial liabilities: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financing </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through profit or loss </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span> 17.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> 1,011,374 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> 1,011,374 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financing </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at amortized cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span> 17.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> 8,380,088 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Debentures </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at amortized cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span> 17.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> 4,529,439 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Debentures </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through profit or loss </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span> 17.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> 2,487,244 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> 2,487,244 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Leases payable </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at amortized cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span> 14 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> 1,348,311 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Commodities, currency and interest rate hedging instruments </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through profit or loss </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span> 17.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> 197,177 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> 197,177 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Trade payables </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at amortized cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span> 18 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> 5,727,724 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Subscription warrants &#8211; indemnification <span style="font-size: 8pt;"><sup>(1)</sup></span></span></span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through profit or loss </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span> 25 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> 51,296 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> 51,296 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span> 23,732,653 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"><br/></td>
</tr>
</tbody>
</table>
<div style="border-right: none; border-left: none;">
<div id="Normadiv535" style="font-family: 'times new roman', times; font-size: 10pt;">

</div>
</div>
</div>
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;</span></p>
<div style="border-right: none; border-left: none;">
<table cellpadding="0" style="height: 250px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Category </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Note </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> 12/31/2020 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.11801%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Level <span style="border-left: none; border-right: none;">1</span> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Level <span style="border-left: none; border-right: none;">2</span> </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial assets: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Cash and cash equivalents&#160;</span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Cash and bank </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at amortized cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 5.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 405,081 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial investments in local currency </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through other comprehensive income </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;">
<p style="margin: 0pt; text-align: center;"><span> 5.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> 2,241,852 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> 2,241,852 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial investments in foreign currency </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through profit or loss </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 5.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 14,561 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 14,561 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial investments: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fixed-income securities and funds in local currency </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through profit or loss </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 5.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 3,643,286 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 3,643,286 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fixed-income securities and funds in local currency </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through other comprehensive income </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;">
<p style="margin: 0pt; text-align: center;"><span> 5.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> 31,315 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> 31,315 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fixed-income securities (guarantee of loans) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at amortized cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 5.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 75,251 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Fixed-income securities and funds in foreign currency </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through other comprehensive income </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;">
<p style="margin: 0pt; text-align: center;"><span> 5.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> 1,278,940 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> 30,245 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> 1,248,695 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Currency and interest rate hedging and commodities instruments </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through profit or loss </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 5.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 981,874 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 981,874 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Trade Receivables </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at amortized cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;">
<p style="margin: 0pt; text-align: center;"><span> 6.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> 3,369,766 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Reseller Financing </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at amortized cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 6.b </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 965,645 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; border-top: 1pt solid #000000; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> 13,007,571 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financial liabilities: </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financing </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through profit or loss </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;">
<p style="margin: 0pt; text-align: center;"><span> 17.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> 1,308,928 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> 1,308,928 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Financing </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at amortized cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 17.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 10,186,947 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Debentures </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at amortized cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;">
<p style="margin: 0pt; text-align: center;"><span> 17.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> 5,363,621 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Debentures </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through profit or loss </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 17.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 1,093,365 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 1,093,365 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Leases payable </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at amortized cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;">
<p style="margin: 0pt; text-align: center;"><span> 14 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> 1,833,288 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Commodities, currency and interest rate hedging instruments </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through profit or loss </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 17.a </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 117,159 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 117,159 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Trade payables </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at amortized cost </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;">
<p style="margin: 0pt; text-align: center;"><span> 18 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> 4,008,457 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"><span style="font-size: 10pt;"><span style="font-family: 'Times New Roman';">Subscription warrants &#8211; indemnification <span style="font-size: 8pt;"><sup>(1)</sup></span></span></span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Measured at fair value through profit or loss </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span> 25 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p class="ng-scope" style="margin: 0pt; text-align: right;">86,439</p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span> 86,439 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"><br/></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Total </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span> 23,998,204 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"><br/></td>
</tr>
</tbody>
</table>
</div>
<div style="border-left: none; border-right: none;">
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt; height: 10px;">
<tbody>
<tr style="height: 10px;">
<td class="ng-scope" style="width: 3%; height: 10px;"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(</span>1<span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">)</span></td>
<td style="width: 97%; height: 10px;"><span style="font-family: 'Times New Roman';">Refers to subscription warrants issued by the Company in the&#160;Extrafarma&#160;acquisition.</span></td>
</tr>
</tbody>
</table>
</div>
<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory', window );">Changes in exchange rate</a></td>
<td class="text">
<table cellpadding="0" style="height: 286px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #ffffff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #ffffff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt; font-weight: bold; text-decoration: underline;"> Risk </span></p>
</td>
<td style="border-bottom: 0.5pt solid #000000; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #ffffff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt; font-weight: bold;"> Scenario Base </span></p>
</td>
<td style="border-bottom: 0.5pt solid #000000; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Currency swaps receivable in U.S. dollars </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 54%;">
<p style="margin: 0pt;"><span> (1) U.S. Dollar / Real swaps </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 34px; width: 30%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Dollar appreciation &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 15%;">
<p style="margin: 0pt; text-align: right;"><span> 137,304 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span> (2) Debts / firm commitments in dollars </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> (137,301 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt;"><span> (1)+(2) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net effect in result </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> 3 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Currency swaps payable in U.S. dollars </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span> (3) Real / U.S. Dollar swaps </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Dollar devaluation </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 49,935,747 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span> (4) Gross margin of Oxiteno/Ipiranga </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> (49,935,747 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt; font-family: terminal, monaco;">)</span></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt;"><span> (3)+(4) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net effect in result </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Cash Flow Hedge </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span> (1) Cash Flow Hedge </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Dollar devaluation </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 528,360 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span> (2) Debts </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> (528,360 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt;"><span> (1)+(2) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net effect in equity </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Net Investment hedge in foreign entities </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><span> (1) Net Investment Hedge </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 34px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Dollar devaluation </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><span> 252,423 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><span> (2) Debts </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> (252,423 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-size: 10pt; font-family: 'times new roman', times;">)</span></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt;"><span> (1)+(2) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net effect in equity </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;"><br/></td>
</tr>
</tbody>
</table>
<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfVariationForDerivativeInstrumentsOfHedgingObjectExplanatoryTextBlock', window );">Summary of variation of derivative instruments hedging object</a></td>
<td class="text">
<table cellpadding="0" style="height: 79px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">
<tbody>
<tr style="height: 17px; background-color: #ffffff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 62.966%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt; font-weight: bold;"> 12/31/2021 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 23.9437%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt; font-weight: bold; text-decoration: underline;"> Risk </span></p>
</td>
<td style="border-bottom: 0.5pt solid #000000; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 11.9304%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt; font-weight: bold;"> Scenario Base </span></p>
</td>
<td style="border-bottom: 0.5pt solid #000000; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 1.07705%;"><br/></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; font-size: 10pt; width: 62.966%;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Interest rate swap (Real) &#8211; Debentures - CRA </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; font-size: 10pt; width: 23.9437%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; font-size: 10pt; width: 11.9304%;">
<p style="margin: 0pt; text-align: right;"><span style="font-family: 'Times New Roman'; font-size: 9pt;"> &#160; </span></p>
</td>
<td style="border-top: 0.5pt solid #000000; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; font-size: 10pt; height: 17px; width: 1.07705%;"><br/></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; font-size: 10pt; width: 62.966%;">
<p style="margin: 0pt;"><span> (1) Fixed rate swap - DI </span></p>
</td>
<td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 27px; font-size: 10pt; width: 23.9437%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Decrease in Pre-fixed rate </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; font-size: 10pt; width: 11.9304%;">
<p style="margin: 0pt; text-align: right;"><span> (20,053,149 </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; font-size: 10pt; height: 17px; width: 1.07705%;">)</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px; font-size: 10pt; width: 62.966%;">
<p style="margin: 0pt;"><span> (2) Fixed rate debt </span></p>
</td>
<td style="border-bottom: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; font-size: 10pt; width: 11.9304%;">
<p style="margin: 0pt; text-align: right;"><span> 20,053,149 </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; font-size: 10pt; height: 10px; width: 1.07705%;"><br/></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; font-size: 10pt; width: 62.966%;">
<p style="margin: 0pt;"><span> (1)+(2) </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; font-size: 10pt; width: 23.9437%;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Net effect in result </span></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px; font-size: 10pt; border-bottom: 2.8pt double #000000; width: 11.9304%;">
<p style="margin: 0pt; text-align: right;"><span> - </span></p>
</td>
<td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; font-size: 10pt; height: 18px; width: 1.07705%;"><br/></td>
</tr>
</tbody>
</table>
<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfCreditRiskExposureExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of the credit risk exposure. Credit risk exposure is the credit risk inherent in an entity&#8217;s financial assets and commitments to extend credit.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 35M<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_35M&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfCreditRiskExposureExplanatory</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of derivative financial instruments. [Refer: Derivatives [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 10<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDerivativeFinancialInstrumentsExplanatory</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of detailed information about hedges.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2023-01-01<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 22<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2017-en-b&amp;anchor=para_22&amp;doctype=Standard&amp;book=b<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDetailedInformationAboutHedgesExplanatory</td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of detailed information about hedging instruments. [Refer: Hedging instruments [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 24A<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_24A&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for the effect of changes in foreign exchange rates.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 21<br> -IssueDate 2021-01-01<br> -Section Disclosure<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=21&amp;code=ifrs-tx-2021-en-r&amp;doctype=Standard&amp;dita_xref=IAS21_g51-57_TI<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of external credit grades. [Refer: External credit grades [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2023-01-01<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph IG24<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2017-en-b&amp;anchor=para_IG24&amp;doctype=Implementation%20Guidance&amp;book=b<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2023-01-01<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 36<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2017-en-b&amp;anchor=para_36_c&amp;doctype=Standard&amp;book=b<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for fair value measurement.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2021-01-01<br> -Section Disclosure<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2021-en-r&amp;doctype=Standard&amp;dita_xref=IFRS13_g91-99_TI<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of the fair value of financial instruments. [Refer: Financial instruments, class [member]; At fair value [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 10<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of financial instruments by type of interest rate. [Refer: Financial instruments, class [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 39<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_39&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 39<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_39_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The tabular disclosure of allowance for doubtful accounts on trade receivables.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The tabular disclosure of assets and liabilities in foreign currencies.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The tabular disclosure of sensitivity analysis of floating interest rate risk.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The tabular disclosure of value of gains (losses) on hedging instruments recognized, which affected the equity of the reporting entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147279101176">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Commitments (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
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<td class="text">&#160;<span></span>
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<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Port </span></p>
</td>
<td style="vertical-align: bottom; height: 21px; background-color: #ffffff; width: 40%;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Minimum movement per year </span></p>
</td>
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<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Maturity </span></p>
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<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Aratu </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; background-color: #cceeff; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 900,000 ton. </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; background-color: #cceeff; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2022 </span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: bottom; height: 10px; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Suape </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 250,000 ton. </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2027 </span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: bottom; height: 10px; background-color: #cceeff; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Suape </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; background-color: #cceeff; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 400,000 ton. </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; background-color: #cceeff; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2029 </span></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="vertical-align: bottom; height: 10px; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Aratu </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 465,403 ton. </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2031 </span></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="vertical-align: bottom; height: 10px; background-color: #cceeff; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Itaqui </span></p>
</td>
<td style="vertical-align: bottom; height: 10px; background-color: #cceeff; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 1,222,377 m&#179; </span></p>
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<td style="vertical-align: bottom; height: 10px; background-color: #cceeff; padding: 0px;">
<p style="margin: 2pt 0pt 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> 2049 </span></p>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
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<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>103
<FILENAME>R74.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147277164968">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Operations - Operational impacts (Details Textuals)<br> $ in Millions</strong></div></th>
<th class="th" colspan="2"></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr>
<th class="th">
<div>Aug. 16, 2021 </div>
<div>BRL (R$)</div>
</th>
<th class="th">
<div>Aug. 16, 2021 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Dec. 31, 2021 </div>
<div>BRL (R$)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_PeriodOfEconomicActivityAffectedDueToCovid19PandemicInDomesticCountry', window );">Period of economic activity affected due to COVID-19 pandemic in domestic country</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">2 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_OxitenoIndustriaComercioMember', window );">Oxiteno S. A. Industria e Comercio [member] | Discontinued operations [member] | Indorama Ventures PLC</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmountToBePaidAtClosingDateInDisposalGroupTransaction', window );">Amount to be paid at closing date in disposal group transaction</a></td>
<td class="nump">R$ 5,449,600,000<span></span>
</td>
<td class="nump">$ 1,150<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ChangesInWorkingCapitalAndNetDebtPositionInDisposalGroupTransaction', window );">Variations in working capital and net debt position in disposal group transaction</a></td>
<td class="nump">8,340,000,000<span></span>
</td>
<td class="nump">176<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_InitialPaymentMadeInDisposalGroupTransaction', window );">Initial payment made in disposal group transaction</a></td>
<td class="nump">6,283,600,000<span></span>
</td>
<td class="nump">1,326<span></span>
</td>
<td class="nump">R$ 6,283,600,000<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_FinalPaymentToBeMadeInDisposalGroupTransaction', window );">Final payment to be made in disposal group transaction</a></td>
<td class="nump">R$ 710,800,000<span></span>
</td>
<td class="nump">$ 150<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DescriptionOfFinalPaymentDueDate', window );">Final payment due date</a></td>
<td class="text">April 2024<span></span>
</td>
<td class="text">April 2024<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary (as a percent)</a></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_OxitenoIndustriaComercioMember', window );">Oxiteno S. A. Industria e Comercio [member] | Discontinued operations [member] | Indorama Ventures PLC | Brazilian real per US dollar [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClosingForeignExchangeRate', window );">Closing foreign exchange rate (R$ / Per_USD)</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">4.74<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClosingForeignExchangeRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The spot exchange rate at the end of the reporting period. Exchange rate is the ratio of exchange for two currencies. Spot exchange rate is the exchange rate for immediate delivery.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClosingForeignExchangeRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:decimalItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfOperatingSegmentsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The proportion of ownership interest in a subsidiary attributable to the entity. [Refer: Subsidiaries [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2021-01-01<br> -Paragraph 17<br> -Subparagraph b<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_17_b_iii&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2021-01-01<br> -Paragraph 16<br> -Subparagraph b<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_16_b_iii&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph 19B<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_19B_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProportionOfOwnershipInterestInSubsidiary</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AmountToBePaidAtClosingDateInDisposalGroupTransaction">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount to be paid at closing date in disposal group transaction.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AmountToBePaidAtClosingDateInDisposalGroupTransaction</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ChangesInWorkingCapitalAndNetDebtPositionInDisposalGroupTransaction">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of changes in working capital and net debt position in disposal group transaction.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ChangesInWorkingCapitalAndNetDebtPositionInDisposalGroupTransaction</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DescriptionOfFinalPaymentDueDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of final payment due date in disposal group transaction.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DescriptionOfFinalPaymentDueDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_FinalPaymentToBeMadeInDisposalGroupTransaction">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount to be made as final payment in disposal group transaction.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_FinalPaymentToBeMadeInDisposalGroupTransaction</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_InitialPaymentMadeInDisposalGroupTransaction">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of initial payment made in disposal group transaction.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_InitialPaymentMadeInDisposalGroupTransaction</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_PeriodOfEconomicActivityAffectedDueToCovid19PandemicInDomesticCountry">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The period of economic activity affected due to COVID-19 pandemic in domestic country.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_PeriodOfEconomicActivityAffectedDueToCovid19PandemicInDomesticCountry</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_OxitenoIndustriaComercioMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_OxitenoIndustriaComercioMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ContinuingAndDiscontinuedOperationsAxis=ifrs-full_DiscontinuedOperationsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ContinuingAndDiscontinuedOperationsAxis=ifrs-full_DiscontinuedOperationsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CounterpartyNameAxis=ugp_IndoramaVenturesPlcMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CounterpartyNameAxis=ugp_IndoramaVenturesPlcMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_HedgingInstrumentsAxis=ugp_BrazilianRealPerUSDollarMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_HedgingInstrumentsAxis=ugp_BrazilianRealPerUSDollarMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>104
<FILENAME>R75.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147275078264">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Presentation of Financial Statements and Summary of Significant Accounting Policies - Additional Information (Detail)<br> R$ in Thousands, $ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th">
<div>Dec. 31, 2021 </div>
<div>BRL (R$)</div>
</th>
<th class="th">
<div>Dec. 31, 2020 </div>
<div>BRL (R$)</div>
</th>
<th class="th">
<div>Dec. 31, 2019 </div>
<div>BRL (R$)</div>
</th>
<th class="th">
<div>Dec. 31, 2021 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Dec. 31, 2020 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Dec. 31, 2018 </div>
<div>BRL (R$)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesLineItems', window );"><strong>Basis Of Presentation And Summary Of Significant Accounting Policies [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ApplicableTaxRate', window );">Statutory tax rates in Brazil</a></td>
<td class="nump">34.00%<span></span>
</td>
<td class="nump">34.00%<span></span>
</td>
<td class="nump">34.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReserveOfExchangeDifferencesOnTranslation', window );">Cumulative translation adjustments</a></td>
<td class="nump">R$ 304,645<span></span>
</td>
<td class="nump">R$ 231,596<span></span>
</td>
<td class="nump">R$ 102,427<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 65,857<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsBeforeTax', window );">Gains and losses from changes in foreign investments</a></td>
<td class="nump">2,309<span></span>
</td>
<td class="nump">R$ 15,126<span></span>
</td>
<td class="nump">R$ 2,017<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount | $</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 90,000<span></span>
</td>
<td class="nump">$ 90,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_ExtrafarmaMember', window );">Extrafarma [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesLineItems', window );"><strong>Basis Of Presentation And Summary Of Significant Accounting Policies [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ImpairmentLossRecognisedInProfitOrLoss', window );">Impairment loss of assets before tax effect</a></td>
<td class="nump">427,529<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DeferredIncomeAndSocialContributionTaxExpenseBenefitOnImpairmentLoss', window );">Deferred income and social contribution tax expense (benefit) on impairment loss of assets</a></td>
<td class="num">(145,360)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ImpairmentLoss', window );">Net impairment loss of assets</a></td>
<td class="nump">R$ 282,169<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TaxesAxis=ugp_IRPJMember', window );">IRPJ [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesLineItems', window );"><strong>Basis Of Presentation And Summary Of Significant Accounting Policies [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ApplicableTaxRate', window );">Statutory tax rates in Brazil</a></td>
<td class="nump">25.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TaxesAxis=ugp_CSLLMember', window );">CSLL [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesLineItems', window );"><strong>Basis Of Presentation And Summary Of Significant Accounting Policies [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ApplicableTaxRate', window );">Statutory tax rates in Brazil</a></td>
<td class="nump">9.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=ugp_ForeignLoansMember', window );">Foreign loans [member] | IPP [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesLineItems', window );"><strong>Basis Of Presentation And Summary Of Significant Accounting Policies [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Borrowings, interest rate basis</a></td>
<td class="text">104.9% of DI<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=ugp_ForeignLoansMember', window );">Foreign loans [member] | LIBOR [member] | IPP [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesLineItems', window );"><strong>Basis Of Presentation And Summary Of Significant Accounting Policies [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Borrowings, maturity date</a></td>
<td class="text">June 2022<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount</a></td>
<td class="nump">R$ 279<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 50,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Borrowings, interest rate basis</a></td>
<td class="text">LIBOR<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember', window );">Bottom of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesLineItems', window );"><strong>Basis Of Presentation And Summary Of Significant Accounting Policies [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TermsOfResellerFinancing', window );">Terms of reseller financing</a></td>
<td class="text">12 months<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ResellerFinancingRatePerMonth', window );">Reseller financing rate per month</a></td>
<td class="nump">0.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember', window );">Top of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesLineItems', window );"><strong>Basis Of Presentation And Summary Of Significant Accounting Policies [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TermsOfResellerFinancing', window );">Terms of reseller financing</a></td>
<td class="text">60 months<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ResellerFinancingRatePerMonth', window );">Reseller financing rate per month</a></td>
<td class="nump">1.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_WeightedAverageMember', window );">Weighted average [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesLineItems', window );"><strong>Basis Of Presentation And Summary Of Significant Accounting Policies [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TermsOfResellerFinancing', window );">Terms of reseller financing</a></td>
<td class="text">40 months<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ApplicableTaxRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The applicable income tax rate.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph 81<br> -Subparagraph c<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_81_c_ii&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ApplicableTaxRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsInterestRateBasis">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The basis (reference rate) used for calculation of the interest rate on borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 7<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsInterestRateBasis</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsMaturity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The maturity of borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 7<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsMaturity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsBeforeTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The gains (losses) recognised in other comprehensive income on hedges of net investments in foreign operations, before tax, before reclassification adjustments. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 39<br> -IssueDate 2021-01-01<br> -Paragraph 102<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=39&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_102_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 91<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_91_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 9<br> -IssueDate 2021-01-01<br> -Paragraph 6.5.13<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=9&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_6.5.13_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsBeforeTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ImpairmentLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount recognised as a reduction of the carrying amount of an asset or cash-generating unit to its recoverable amount. [Refer: Carrying amount [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 36<br> -IssueDate 2021-01-01<br> -Paragraph 130<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=36&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_130_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 36<br> -IssueDate 2021-01-01<br> -Paragraph 130<br> -Subparagraph d<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=36&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_130_d_ii&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ImpairmentLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ImpairmentLossRecognisedInProfitOrLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of impairment loss recognised in profit or loss. [Refer: Impairment loss; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 36<br> -IssueDate 2021-01-01<br> -Paragraph 126<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=36&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_126_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 36<br> -IssueDate 2021-01-01<br> -Paragraph 129<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=36&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_129_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ImpairmentLossRecognisedInProfitOrLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NotionalAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The nominal or face amount of a financial instrument, used to calculate payments made on that instrument.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NotionalAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ReserveOfExchangeDifferencesOnTranslation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>A component of equity representing exchange differences on translation of financial statements recognised in other comprehensive income and accumulated in equity. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 21<br> -IssueDate 2021-01-01<br> -Paragraph 52<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=21&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_52_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ReserveOfExchangeDifferencesOnTranslation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Basis of presentation and summary of significant accounting policies.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DeferredIncomeAndSocialContributionTaxExpenseBenefitOnImpairmentLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of deferred income and social contribution tax expense (benefit) on impairment loss.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DeferredIncomeAndSocialContributionTaxExpenseBenefitOnImpairmentLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ResellerFinancingRatePerMonth">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The percentage of reseller financing rate per month.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ResellerFinancingRatePerMonth</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_TermsOfResellerFinancing">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The contract term of reseller financing.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_TermsOfResellerFinancing</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_ExtrafarmaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_ExtrafarmaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_TaxesAxis=ugp_IRPJMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_TaxesAxis=ugp_IRPJMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_TaxesAxis=ugp_CSLLMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_TaxesAxis=ugp_CSLLMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=ugp_ForeignLoansMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=ugp_ForeignLoansMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_IpirangaProdutosdePetroleoSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_IpirangaProdutosdePetroleoSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=ugp_LIBORMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=ugp_LIBORMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_WeightedAverageMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_WeightedAverageMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
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<FILENAME>R76.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
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<head>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147276727656">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Presentation of Financial Statements and Summary of Significant Accounting Policies- Summary of the Range Of Estimated Impacts On the Adoption Of the Ifrs 16 (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssetsAbstract', window );"><strong>Current assets</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentPrepaidExpenses', window );">Prepaid expenses</a></td>
<td class="nump">R$ 98,024<span></span>
</td>
<td class="nump">R$ 132,122<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssetsAbstract', window );"><strong>Non-current assets</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentPrepayments', window );">Prepaid expenses</a></td>
<td class="nump">71,368<span></span>
</td>
<td class="nump">70,507<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Right-of-use assets</a></td>
<td class="nump">1,651,295<span></span>
</td>
<td class="nump">2,150,286<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Assets', window );">Total assets</a></td>
<td class="nump">39,010,357<span></span>
</td>
<td class="nump">36,250,162<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilitiesAbstract', window );"><strong>Current liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLeaseLiabilities', window );">Leases payable</a></td>
<td class="nump">188,832<span></span>
</td>
<td class="nump">260,189<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilitiesAbstract', window );"><strong>Non-current liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLeaseLiabilities', window );">Leases payable</a></td>
<td class="nump">R$ 1,159,479<span></span>
</td>
<td class="nump">R$ 1,573,099<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Assets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of a present economic resource controlled by the entity as a result of past events. Economic resource is a right that has the potential to produce economic benefits.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2021-01-01<br> -Paragraph 93<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_93_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 28<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_28_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2021-01-01<br> -Paragraph 93<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_93_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2021-01-01<br> -Paragraph 93<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_93_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Assets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentAssetsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentAssetsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentLeaseLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current lease liabilities. [Refer: Lease liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 47<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_47_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentLeaseLiabilities</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentLiabilitiesAbstract">
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentLiabilitiesAbstract</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentPrepaidExpenses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount recognised as a current asset for expenditures made prior to the period when the economic benefit will be realised.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentPrepaidExpenses</td>
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<td>xbrli:monetaryItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
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<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentAssetsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentAssetsAbstract</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentLeaseLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current lease liabilities. [Refer: Lease liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 47<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_47_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentLeaseLiabilities</td>
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<td><strong> Balance Type:</strong></td>
<td>credit</td>
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<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
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</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentLiabilitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentLiabilitiesAbstract</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentPrepayments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current prepayments. [Refer: Prepayments]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentPrepayments</td>
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<td>xbrli:monetaryItemType</td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
<td>instant</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RightofuseAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of assets that represent a lessee's right to use an underlying asset for the lease term. Underlying asset is an asset that is the subject of a lease, for which the right to use that asset has been provided by a lessor to a lessee.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 53<br> -Subparagraph j<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_53_j&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RightofuseAssets</td>
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<td>debit</td>
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<td>instant</td>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147282476536">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Presentation of Financial Statements and Summary of Significant Accounting Policies - Summary of difference between the lease obligation disclosed under IAS 17 To IFRS 16 (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
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<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfDifferenceBetweenTheLeaseObligationDisclosedUnderIasSeventeenToIfrs16LineItems', window );"><strong>Disclosure of Difference Between the Lease Obligation Disclosed Under IAS Seventeen to IFRS 16 [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LeaseLiabilities', window );">Leases payable recognized on January 1, 2019</a></td>
<td class="nump">R$ 1,348,311<span></span>
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<td class="nump">R$ 1,833,288<span></span>
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<td class="nump">R$ 1,588,673<span></span>
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<td class="nump">R$ 46,066<span></span>
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</tr>
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<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LeaseLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities related to the entity's leases. Lease is a contract, or part of a contract, that conveys the right to use an underlying asset for a period of time in exchange for consideration.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 47<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_47_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LeaseLiabilities</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<TEXT>
<html>
<head>
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<link rel="stylesheet" type="text/css" href="report.css">
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147282757368">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Presentation of Financial Statements and Summary of Significant Accounting Policies - Summary of Foreign Subsidiaries (Detail)<br></strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr><th class="th" colspan="2"><div>Dec. 31, 2021</div></th></tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_OxitenoMexicoMember', window );">Oxiteno Mexico S.A. de C.V. [member]</a></td>
<td class="text">&#160;<span></span>
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<td class="fn" style="border-bottom: 0px;"></td>
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<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="text">&#160;<span></span>
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<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="text">&#160;<span></span>
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<td class="text">Mexican Peso<span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_GeographicalAreas', window );">Location</a></td>
<td class="text">Mexico<span></span>
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<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_OxitenoServiciosIndustrialesMember', window );">Oxiteno servicios industriales S.A. de C.V.[member]</a></td>
<td class="text">&#160;<span></span>
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</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfFunctionalCurrency', window );">Functional currency</a></td>
<td class="text">Mexican Peso<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_GeographicalAreas', window );">Location</a></td>
<td class="text">Mexico<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_OxitenoUSAMember', window );">Oxiteno USA LLC [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfFunctionalCurrency', window );">Functional currency</a></td>
<td class="text">U.S. Dollar<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_GeographicalAreas', window );">Location</a></td>
<td class="text">United States<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_OxitenoUruguayMember', window );">Oxiteno Uruguay S.A. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfFunctionalCurrency', window );">Functional currency</a></td>
<td class="text">U.S. Dollar<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_GeographicalAreas', window );">Location</a></td>
<td class="text">Uruguay<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr><td colspan="3"></td></tr>
<tr><td colspan="3"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top"><span style="font-family: 'Times New Roman';">The subsidiary Oxiteno Uruguay S.A. (&#8220;Oxiteno Uruguay&#8221;) determined its functional currency as the U.S. dollar</span><span style="font-family: 'Times New Roman';"> (&#8220;US$&#8221;)</span><span style="font-family: 'Times New Roman';">, as its </span><span style="font-family: 'Times New Roman';">inventory </span><span style="font-family: 'Times New Roman';">sales, purchases of </span><span style="font-family: 'Times New Roman';">raw material inputs</span><span style="font-family: 'Times New Roman';">, and financing activities are performed substantially in this currency.</span></td>
</tr></table></td></tr>
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<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfFunctionalCurrency">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the currency of the primary economic environment in which the entity operates.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 21<br> -IssueDate 2021-01-01<br> -Paragraph 53<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=21&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_53&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 21<br> -IssueDate 2021-01-01<br> -Paragraph 57<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=21&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_57_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfFunctionalCurrency</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_GeographicalAreas">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the geographic location in which the subsidiary operates.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_GeographicalAreas</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_OxitenoMexicoMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_OxitenoServiciosCorporativosMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_OxitenoServiciosIndustrialesMember</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_OxitenoUSAMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_OxitenoUruguayMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<DOCUMENT>
<TYPE>XML
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<DESCRIPTION>IDEA: XBRL DOCUMENT
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147275054808">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Assets and liabilities from subsidiaries held for sale and discontinued operations (Details) - Extrafarma [member]<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th">
<div>Dec. 31, 2021 </div>
<div>BRL (R$)</div>
</th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems', window );"><strong>Assets and liabilities from subsidiaries held for sale and discontinued operations</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ImpairmentLossRecognisedInProfitOrLoss', window );">Impairment</a></td>
<td class="nump">R$ 427,529<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DeferredIncomeAndSocialContributionTaxExpenseBenefitOnImpairmentLoss', window );">Deferred income and social contribution taxes</a></td>
<td class="nump">145,360<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ImpairmentLoss', window );">Net impairment</a></td>
<td class="nump">282,169<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_ExtrafarmaMember', window );">Disposal groups classified as held for sale [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems', window );"><strong>Assets and liabilities from subsidiaries held for sale and discontinued operations</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ImpairmentLossRecognisedInProfitOrLoss', window );">Impairment</a></td>
<td class="nump">427,529<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DeferredIncomeAndSocialContributionTaxExpenseBenefitOnImpairmentLoss', window );">Deferred income and social contribution taxes</a></td>
<td class="num">(145,360)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ImpairmentLoss', window );">Net impairment</a></td>
<td class="nump">282,169<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_ExtrafarmaMember', window );">Disposal groups classified as held for sale [member] | Goodwill</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems', window );"><strong>Assets and liabilities from subsidiaries held for sale and discontinued operations</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ImpairmentLossRecognisedInProfitOrLoss', window );">Impairment</a></td>
<td class="nump">68,273<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_ExtrafarmaMember', window );">Disposal groups classified as held for sale [member] | Residual surplus value of fixed assets</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems', window );"><strong>Assets and liabilities from subsidiaries held for sale and discontinued operations</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ImpairmentLossRecognisedInProfitOrLoss', window );">Impairment</a></td>
<td class="nump">160<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_ExtrafarmaMember', window );">Disposal groups classified as held for sale [member] | Intangibles assets arising from business combination</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems', window );"><strong>Assets and liabilities from subsidiaries held for sale and discontinued operations</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ImpairmentLossRecognisedInProfitOrLoss', window );">Impairment</a></td>
<td class="nump">76,136<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_ExtrafarmaMember', window );">Disposal groups classified as held for sale [member] | Property, plant, and equipment</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems', window );"><strong>Assets and liabilities from subsidiaries held for sale and discontinued operations</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ImpairmentLossRecognisedInProfitOrLoss', window );">Impairment</a></td>
<td class="nump">60,548<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_ExtrafarmaMember', window );">Disposal groups classified as held for sale [member] | Right-of-use assets</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems', window );"><strong>Assets and liabilities from subsidiaries held for sale and discontinued operations</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ImpairmentLossRecognisedInProfitOrLoss', window );">Impairment</a></td>
<td class="nump">38,957<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_ExtrafarmaMember', window );">Disposal groups classified as held for sale [member] | Recoverable taxes</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems', window );"><strong>Assets and liabilities from subsidiaries held for sale and discontinued operations</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ImpairmentLossRecognisedInProfitOrLoss', window );">Impairment</a></td>
<td class="nump">R$ 183,455<span></span>
</td>
</tr>
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<div style="display: none;">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ImpairmentLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount recognised as a reduction of the carrying amount of an asset or cash-generating unit to its recoverable amount. [Refer: Carrying amount [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 36<br> -IssueDate 2021-01-01<br> -Paragraph 130<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=36&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_130_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 36<br> -IssueDate 2021-01-01<br> -Paragraph 130<br> -Subparagraph d<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=36&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_130_d_ii&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ImpairmentLoss</td>
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<td>ifrs-full_</td>
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<td>xbrli:monetaryItemType</td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of impairment loss recognised in profit or loss. [Refer: Impairment loss; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 36<br> -IssueDate 2021-01-01<br> -Paragraph 126<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=36&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_126_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 36<br> -IssueDate 2021-01-01<br> -Paragraph 129<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=36&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_129_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ImpairmentLossRecognisedInProfitOrLoss</td>
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<td><strong> Balance Type:</strong></td>
<td>debit</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DeferredIncomeAndSocialContributionTaxExpenseBenefitOnImpairmentLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of deferred income and social contribution tax expense (benefit) on impairment loss.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DeferredIncomeAndSocialContributionTaxExpenseBenefitOnImpairmentLoss</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_ExtrafarmaMember</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AssetsAndLiabilitiesClassifiedAsHeldForSaleAxis=ifrs-full_DisposalGroupsClassifiedAsHeldForSaleMember</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=ifrs-full_GoodwillMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=ugp_ResidualSurplusValueOfFixedAssetsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=ugp_ResidualSurplusValueOfFixedAssetsMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=ifrs-full_IntangibleAssetsOtherThanGoodwillMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=ifrs-full_IntangibleAssetsOtherThanGoodwillMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=ifrs-full_PropertyPlantAndEquipmentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=ifrs-full_PropertyPlantAndEquipmentMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td>na</td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=ifrs-full_RightofuseAssetsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=ifrs-full_RightofuseAssetsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=ugp_ReceivablesFromTaxesOtherThanIncomeTaxMember</td>
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<head>
<title></title>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147268748888">
<tr>
<th class="tl" colspan="2" rowspan="1"><div style="width: 200px;"><strong>Assets and liabilities from subsidiaries held for sale and discontinued operations (Details 1) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssetsAbstract', window );"><strong>Current assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
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<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 2,280,074<span></span>
</td>
<td class="nump">R$ 2,661,494<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<tr class="re">
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<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,804,122<span></span>
</td>
<td class="nump">5,033,258<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentTradeReceivables', window );">Trade receivables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,375,246<span></span>
</td>
<td class="nump">3,318,927<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Inventories', window );">Inventories</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,918,772<span></span>
</td>
<td class="nump">3,846,196<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax', window );">Recoverable taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,061,227<span></span>
</td>
<td class="nump">1,044,850<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners', window );">Total current assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">14,023,264<span></span>
</td>
<td class="nump">17,489,071<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssetsAbstract', window );"><strong>Non-current assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentFinancialAssets', window );">Financial investments and hedging instruments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">379,277<span></span>
</td>
<td class="nump">977,408<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherReceivablesDueFromRelatedParties', window );">Related parties</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">490<span></span>
</td>
<td class="nump">2,824<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxAssets', window );">Deferred income and social contribution taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">571,755<span></span>
</td>
<td class="nump">974,711<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax', window );">Recoverable taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,046,798<span></span>
</td>
<td class="nump">1,474,808<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NonCurrentInvestments', window );">Investments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">78,593<span></span>
</td>
<td class="nump">167,481<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Right-of-use assets, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,651,295<span></span>
</td>
<td class="nump">2,150,286<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">5,534,591<span></span>
</td>
<td class="nump">8,005,860<span></span>
</td>
<td class="nump">R$ 7,572,762<span></span>
</td>
<td class="nump">R$ 7,278,865<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Intangible assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,471,256<span></span>
</td>
<td class="nump">1,782,655<span></span>
</td>
<td class="nump">1,762,593<span></span>
</td>
<td class="nump">2,369,355<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Total non-current assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">13,986,176<span></span>
</td>
<td class="nump">18,761,091<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners', window );">Total assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">11,000,917<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilitiesAbstract', window );"><strong>Current liabilities</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoansFinancingAndHedgingInstrumentsCurrent', window );">Loans,&#160;financing&#160;and hedge derivative financial instruments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">618,327<span></span>
</td>
<td class="nump">2,306,036<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers', window );">Trade payables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,670,895<span></span>
</td>
<td class="nump">2,745,019<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TradeCurrentPayablesReverseFactoring', window );">Trade payables &#8211; reverse factoring</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,119,059<span></span>
</td>
<td class="nump">1,295,633<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShorttermEmployeeBenefitsAccruals', window );">Salaries and related charges</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">330,103<span></span>
</td>
<td class="nump">468,630<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax', window );">Taxes payables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">229,176<span></span>
</td>
<td class="nump">286,014<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentTaxLiabilitiesCurrent', window );">Income and social contribution taxes payable</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">196,348<span></span>
</td>
<td class="nump">169,317<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentProvisionsForEmployeeBenefits', window );">Post-employment benefits</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">21,082<span></span>
</td>
<td class="nump">27,077<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShorttermLegalProceedingsProvision', window );">Provision for tax, civil, and labor risks</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">119,942<span></span>
</td>
<td class="nump">43,660<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLeaseLiabilities', window );">Leases payable</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">188,832<span></span>
</td>
<td class="nump">260,189<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Total current liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">12,640,230<span></span>
</td>
<td class="nump">9,240,841<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilitiesAbstract', window );"><strong>Non-current liabilities</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoansFinancingAndHedgingInstrumentsNonCurrent', window );">Loans, financing and hedge derivative financial instruments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">8,672,547<span></span>
</td>
<td class="nump">8,526,064<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentPayablesToRelatedParties', window );">Related parties</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,534<span></span>
</td>
<td class="nump">3,711<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilities', window );">Deferred income and social contribution taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">282<span></span>
</td>
<td class="nump">12,732<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentProvisionsForEmployeeBenefits', window );">Post-employment benefits</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">194,637<span></span>
</td>
<td class="nump">257,647<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LongtermLegalProceedingsProvision', window );">Provision for tax, civil, and labor risks</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">812,243<span></span>
</td>
<td class="nump">854,385<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLeaseLiabilities', window );">Leases payable</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,159,479<span></span>
</td>
<td class="nump">1,573,099<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Total non-current liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">15,900,887<span></span>
</td>
<td class="nump">17,099,056<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Total equity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">10,469,240<span></span>
</td>
<td class="nump">R$ 9,910,265<span></span>
</td>
<td class="nump">R$ 9,835,175<span></span>
</td>
<td class="nump">R$ 9,800,029<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AssetsAndLiabilitiesClassifiedAsHeldForSaleAxis=ifrs-full_DisposalGroupsClassifiedAsHeldForSaleMember', window );">Disposal groups classified as held for sale [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssetsAbstract', window );"><strong>Current assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashAndCashEquivalents', window );">Cash and cash equivalents</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">387,981<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentInvestments', window );">Financial investments and hedging instruments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,346,552<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentTradeReceivables', window );">Trade receivables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,029,703<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Inventories', window );">Inventories</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,249,868<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax', window );">Recoverable taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">696,771<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherCurrentAssets', window );">Other assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">72,939<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners', window );">Total current assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">5,783,814<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssetsAbstract', window );"><strong>Non-current assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentFinancialAssets', window );">Financial investments and hedging instruments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">492,430<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherReceivablesDueFromRelatedParties', window );">Related parties</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxAssets', window );">Deferred income and social contribution taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">741,950<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax', window );">Recoverable taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">411,661<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentAssets', window );">Other assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">14,674<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NonCurrentAssetsOtherThanInvestmentsTangibleIntangibleAndRightOfUseAssets', window );">Total non-current assets other than investments, tangible, intangible &amp; right-of-use assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,660,715<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NonCurrentInvestments', window );">Investments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">19,160<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Right-of-use assets, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">350,054<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,941,904<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Intangible assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">245,270<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Total non-current assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">5,217,103<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners', window );">Total assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">11,000,917<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilitiesAbstract', window );"><strong>Current liabilities</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoansFinancingAndHedgingInstrumentsCurrent', window );">Loans,&#160;financing&#160;and hedge derivative financial instruments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">239,313<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers', window );">Trade payables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">717,338<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TradeCurrentPayablesReverseFactoring', window );">Trade payables &#8211; reverse factoring</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">725,246<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShorttermEmployeeBenefitsAccruals', window );">Salaries and related charges</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">222,784<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax', window );">Taxes payables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">69,684<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentTaxLiabilitiesCurrent', window );">Income and social contribution taxes payable</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">12,415<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentProvisionsForEmployeeBenefits', window );">Post-employment benefits</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,311<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShorttermLegalProceedingsProvision', window );">Provision for tax, civil, and labor risks</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,466<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLeaseLiabilities', window );">Leases payable</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">76,014<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherCurrentLiabilities', window );">Other liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">68,706<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Total current liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,138,277<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilitiesAbstract', window );"><strong>Non-current liabilities</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoansFinancingAndHedgingInstrumentsNonCurrent', window );">Loans, financing and hedge derivative financial instruments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,434<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentPayablesToRelatedParties', window );">Related parties</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilities', window );">Deferred income and social contribution taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">12,964<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentProvisionsForEmployeeBenefits', window );">Post-employment benefits</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">7,093<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LongtermLegalProceedingsProvision', window );">Provision for tax, civil, and labor risks</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">35,519<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLeaseLiabilities', window );">Leases payable</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">337,701<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentLiabilities', window );">Other liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">7,433<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Total non-current liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">403,144<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Total equity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleAndEquity', window );">Total liabilities held for sale and equity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,541,421<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_EliminationOfIntersegmentAmountsMember', window );">Eliminations | Disposal groups classified as held for sale [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssetsAbstract', window );"><strong>Current assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashAndCashEquivalents', window );">Cash and cash equivalents</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentInvestments', window );">Financial investments and hedging instruments</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentTradeReceivables', window );">Trade receivables</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Inventories', window );">Inventories</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax', window );">Recoverable taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherCurrentAssets', window );">Other assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="num">(5,035)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners', window );">Total current assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="num">(5,035)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssetsAbstract', window );"><strong>Non-current assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentFinancialAssets', window );">Financial investments and hedging instruments</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherReceivablesDueFromRelatedParties', window );">Related parties</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="num">(1,674)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxAssets', window );">Deferred income and social contribution taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax', window );">Recoverable taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentAssets', window );">Other assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NonCurrentAssetsOtherThanInvestmentsTangibleIntangibleAndRightOfUseAssets', window );">Total non-current assets other than investments, tangible, intangible &amp; right-of-use assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="num">(1,674)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NonCurrentInvestments', window );">Investments</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="num">(22,047)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Right-of-use assets, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Intangible assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Total non-current assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="num">(23,721)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners', window );">Total assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="num">(28,756)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilitiesAbstract', window );"><strong>Current liabilities</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoansFinancingAndHedgingInstrumentsCurrent', window );">Loans,&#160;financing&#160;and hedge derivative financial instruments</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(62,841)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers', window );">Trade payables</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(1,949)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TradeCurrentPayablesReverseFactoring', window );">Trade payables &#8211; reverse factoring</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShorttermEmployeeBenefitsAccruals', window );">Salaries and related charges</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax', window );">Taxes payables</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentTaxLiabilitiesCurrent', window );">Income and social contribution taxes payable</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentProvisionsForEmployeeBenefits', window );">Post-employment benefits</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShorttermLegalProceedingsProvision', window );">Provision for tax, civil, and labor risks</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLeaseLiabilities', window );">Leases payable</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherCurrentLiabilities', window );">Other liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(13,264)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Total current liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(78,054)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilitiesAbstract', window );"><strong>Non-current liabilities</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoansFinancingAndHedgingInstrumentsNonCurrent', window );">Loans, financing and hedge derivative financial instruments</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(5,725,594)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentPayablesToRelatedParties', window );">Related parties</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(2,875)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilities', window );">Deferred income and social contribution taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentProvisionsForEmployeeBenefits', window );">Post-employment benefits</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LongtermLegalProceedingsProvision', window );">Provision for tax, civil, and labor risks</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLeaseLiabilities', window );">Leases payable</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentLiabilities', window );">Other liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Total non-current liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(5,728,469)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Total equity</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(2,681,729)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleAndEquity', window );">Total liabilities held for sale and equity</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(8,488,252)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_OxitenoIndustriaComercioMember', window );">Oxiteno S. A. Industria e Comercio [member] | Disposal groups classified as held for sale [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssetsAbstract', window );"><strong>Current assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashAndCashEquivalents', window );">Cash and cash equivalents</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">334,882<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentInvestments', window );">Financial investments and hedging instruments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,346,552<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentTradeReceivables', window );">Trade receivables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">993,960<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Inventories', window );">Inventories</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,671,662<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax', window );">Recoverable taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">634,718<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherCurrentAssets', window );">Other assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">51,829<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners', window );">Total current assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">5,033,603<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssetsAbstract', window );"><strong>Non-current assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentFinancialAssets', window );">Financial investments and hedging instruments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">492,430<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherReceivablesDueFromRelatedParties', window );">Related parties</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxAssets', window );">Deferred income and social contribution taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">541,756<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax', window );">Recoverable taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">393,723<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentAssets', window );">Other assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">10,538<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NonCurrentAssetsOtherThanInvestmentsTangibleIntangibleAndRightOfUseAssets', window );">Total non-current assets other than investments, tangible, intangible &amp; right-of-use assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,438,447<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NonCurrentInvestments', window );">Investments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">36,207<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Right-of-use assets, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">31,871<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,787,241<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Intangible assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">160,141<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Total non-current assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">4,453,907<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners', window );">Total assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">9,487,510<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilitiesAbstract', window );"><strong>Current liabilities</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoansFinancingAndHedgingInstrumentsCurrent', window );">Loans,&#160;financing&#160;and hedge derivative financial instruments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">302,154<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers', window );">Trade payables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">493,800<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TradeCurrentPayablesReverseFactoring', window );">Trade payables &#8211; reverse factoring</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">725,246<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShorttermEmployeeBenefitsAccruals', window );">Salaries and related charges</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">176,941<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax', window );">Taxes payables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">53,988<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentTaxLiabilitiesCurrent', window );">Income and social contribution taxes payable</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">12,415<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentProvisionsForEmployeeBenefits', window );">Post-employment benefits</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,311<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShorttermLegalProceedingsProvision', window );">Provision for tax, civil, and labor risks</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,946<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLeaseLiabilities', window );">Leases payable</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">11,702<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherCurrentLiabilities', window );">Other liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">68,721<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Total current liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,851,224<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilitiesAbstract', window );"><strong>Non-current liabilities</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoansFinancingAndHedgingInstrumentsNonCurrent', window );">Loans, financing and hedge derivative financial instruments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">5,728,028<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentPayablesToRelatedParties', window );">Related parties</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,875<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilities', window );">Deferred income and social contribution taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">12,964<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentProvisionsForEmployeeBenefits', window );">Post-employment benefits</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">6,806<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LongtermLegalProceedingsProvision', window );">Provision for tax, civil, and labor risks</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">33,149<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLeaseLiabilities', window );">Leases payable</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">22,786<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentLiabilities', window );">Other liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">5,341<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Total non-current liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">5,811,949<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Total equity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,824,337<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleAndEquity', window );">Total liabilities held for sale and equity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">9,487,510<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_ExtrafarmaMember', window );">Extrafarma [member] | Disposal groups classified as held for sale [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssetsAbstract', window );"><strong>Current assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashAndCashEquivalents', window );">Cash and cash equivalents</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">53,099<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentInvestments', window );">Financial investments and hedging instruments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentTradeReceivables', window );">Trade receivables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">35,743<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Inventories', window );">Inventories</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">578,206<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax', window );">Recoverable taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">62,053<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherCurrentAssets', window );">Other assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">26,145<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners', window );">Total current assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">755,246<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssetsAbstract', window );"><strong>Non-current assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentFinancialAssets', window );">Financial investments and hedging instruments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherReceivablesDueFromRelatedParties', window );">Related parties</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,674<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxAssets', window );">Deferred income and social contribution taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">200,194<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax', window );">Recoverable taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">17,938<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentAssets', window );">Other assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">4,136<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NonCurrentAssetsOtherThanInvestmentsTangibleIntangibleAndRightOfUseAssets', window );">Total non-current assets other than investments, tangible, intangible &amp; right-of-use assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">223,942<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NonCurrentInvestments', window );">Investments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">5,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Right-of-use assets, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">318,183<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">154,663<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Intangible assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">85,129<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Total non-current assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">786,917<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners', window );">Total assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,542,163<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilitiesAbstract', window );"><strong>Current liabilities</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoansFinancingAndHedgingInstrumentsCurrent', window );">Loans,&#160;financing&#160;and hedge derivative financial instruments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers', window );">Trade payables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">225,487<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TradeCurrentPayablesReverseFactoring', window );">Trade payables &#8211; reverse factoring</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShorttermEmployeeBenefitsAccruals', window );">Salaries and related charges</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">45,843<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax', window );">Taxes payables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">15,696<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentTaxLiabilitiesCurrent', window );">Income and social contribution taxes payable</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentProvisionsForEmployeeBenefits', window );">Post-employment benefits</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShorttermLegalProceedingsProvision', window );">Provision for tax, civil, and labor risks</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">520<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLeaseLiabilities', window );">Leases payable</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">64,312<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherCurrentLiabilities', window );">Other liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">13,249<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Total current liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">365,107<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilitiesAbstract', window );"><strong>Non-current liabilities</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoansFinancingAndHedgingInstrumentsNonCurrent', window );">Loans, financing and hedge derivative financial instruments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentPayablesToRelatedParties', window );">Related parties</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilities', window );">Deferred income and social contribution taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentProvisionsForEmployeeBenefits', window );">Post-employment benefits</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">287<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LongtermLegalProceedingsProvision', window );">Provision for tax, civil, and labor risks</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,370<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLeaseLiabilities', window );">Leases payable</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">314,915<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentLiabilities', window );">Other liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,092<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Total non-current liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">319,664<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Total equity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">857,392<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleAndEquity', window );">Total liabilities held for sale and equity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 1,542,163<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr><td colspan="5"></td></tr>
<tr><td colspan="5"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Balances and transactions between the discontinued and continuing operations have been eliminated, mainly related to loans.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top">Balances and transactions between the discontinued and continuing operations have been eliminated, mainly related to loans.</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashAndCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of cash on hand and demand deposits, along with short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value. [Refer: Cash; Cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 45<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B13<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B13_a&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 54<br> -Subparagraph i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_54_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashAndCashEquivalents</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentAssetsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentAssetsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current assets other than non-current assets or disposal groups classified as held for sale or as held for distribution to owners. [Refer: Current assets; Disposal groups classified as held for sale [member]; Non-current assets or disposal groups classified as held for sale; Non-current assets or disposal groups classified as held for distribution to owners]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 66<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentInvestments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current investments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentInvestments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentLeaseLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current lease liabilities. [Refer: Lease liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 47<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_47_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentLeaseLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Expiry date 2023-01-01: The amount of liabilities that: (a) the entity expects to settle in its normal operating cycle; (b) the entity holds primarily for the purpose of trading; (c) are due to be settled within twelve months after the reporting period; or (d) the entity does not have an unconditional right to defer settlement for at least twelve months after the reporting period.
Effective 2023-01-01: The amount of liabilities that: (a) the entity expects to settle in its normal operating cycle; (b) the entity holds primarily for the purpose of trading; (c) are due to be settled within twelve months after the reporting period; or (d) the entity does not have the right at the end of the reporting period to defer settlement for at least twelve months after the reporting period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B12_b_iii&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 69<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_69&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentLiabilitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentLiabilitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current payables on social security and taxes other than incomes tax. [Refer: Payables on social security and taxes other than income tax]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentProvisionsForEmployeeBenefits">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current provisions for employee benefits. [Refer: Provisions for employee benefits]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_d&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentProvisionsForEmployeeBenefits</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current receivables from taxes other than income tax. [Refer: Receivables from taxes other than income tax]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentTaxLiabilitiesCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The current amount of current tax liabilities. [Refer: Current tax liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 54<br> -Subparagraph n<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_54_n&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentTaxLiabilitiesCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentTradeReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current trade receivables. [Refer: Trade receivables]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 68<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_68&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentTradeReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DeferredTaxAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amounts of income taxes recoverable in future periods in respect of: (a) deductible temporary differences; (b) the carryforward of unused tax losses; and (c) the carryforward of unused tax credits. [Refer: Temporary differences [member]; Unused tax credits [member]; Unused tax losses [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph 81<br> -Subparagraph g<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_81_g_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 54<br> -Subparagraph o<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_54_o&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 56<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_56&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DeferredTaxAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DeferredTaxLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amounts of income taxes payable in future periods in respect of taxable temporary differences. [Refer: Temporary differences [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph 81<br> -Subparagraph g<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_81_g_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 54<br> -Subparagraph o<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_54_o&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 56<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_56&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DeferredTaxLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Equity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of residual interest in the assets of the entity after deducting all its liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 24<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_24_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_32_a_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2021-01-01<br> -Paragraph 93<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_93_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2021-01-01<br> -Paragraph 93<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_93_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2021-01-01<br> -Paragraph 93<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_93_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Equity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IntangibleAssetsAndGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of intangible assets and goodwill held by the entity. [Refer: Goodwill; Intangible assets other than goodwill]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IntangibleAssetsAndGoodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Inventories">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current inventories. [Refer: Inventories]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 2<br> -IssueDate 2021-01-01<br> -Paragraph 36<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=2&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_36_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 54<br> -Subparagraph g<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_54_g&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 68<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_68&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Inventories</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LongtermLegalProceedingsProvision">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current provision for legal proceedings. [Refer: Legal proceedings provision]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 37<br> -IssueDate 2021-01-01<br> -Section Example 10 A court case<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=37&amp;code=ifrs-tx-2021-en-r&amp;doctype=Illustrative%20Examples&amp;dita_xref=IAS37_IE_C_ex10__IAS37_IE_C_ex10_TI<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 37<br> -IssueDate 2021-01-01<br> -Paragraph 87<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=37&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_87&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LongtermLegalProceedingsProvision</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of assets that do not meet the definition of current assets. [Refer: Current assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 66<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B12_b_ii&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentAssetsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentAssetsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current assets or disposal groups classified as held for sale or as held for distribution to owners. [Refer: Non-current assets or disposal groups classified as held for distribution to owners; Non-current assets or disposal groups classified as held for sale]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 54<br> -Subparagraph j<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_54_j&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentLeaseLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current lease liabilities. [Refer: Lease liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 47<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_47_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentLeaseLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities that do not meet the definition of current liabilities. [Refer: Current liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause iv<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B12_b_iv&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 69<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_69&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentLiabilitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentLiabilitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentPayablesToRelatedParties">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current payables due to related parties. [Refer: Related parties [member]; Payables to related parties]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentPayablesToRelatedParties</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentProvisionsForEmployeeBenefits">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current provisions for employee benefits. [Refer: Provisions for employee benefits]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_d&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentProvisionsForEmployeeBenefits</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current receivables from taxes other than income tax. [Refer: Receivables from taxes other than income tax]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherCurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current assets that the entity does not separately disclose in the same statement or note. [Refer: Current assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherCurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherCurrentLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current liabilities that the entity does not separately disclose in the same statement or note. [Refer: Current liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherCurrentLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherNoncurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current assets that the entity does not separately disclose in the same statement or note. [Refer: Non-current assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherNoncurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherNoncurrentFinancialAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current financial assets that the entity does not separately disclose in the same statement or note. [Refer: Other financial assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 54<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_54_d&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherNoncurrentFinancialAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherNoncurrentLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current liabilities that the entity does not separately disclose in the same statement or note. [Refer: Non-current liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherNoncurrentLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of tangible assets that: (a) are held for use in the production or supply of goods or services, for rental to others, or for administrative purposes; and (b) are expected to be used during more than one period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 73<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_73_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 54<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_54_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RightofuseAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of assets that represent a lessee's right to use an underlying asset for the lease term. Underlying asset is an asset that is the subject of a lease, for which the right to use that asset has been provided by a lessor to a lessee.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 53<br> -Subparagraph j<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_53_j&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RightofuseAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ShorttermEmployeeBenefitsAccruals">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of accruals for employee benefits (other than termination benefits) that are expected to be settled wholly within twelve months after the end of the annual reporting period in which the employees render the related services. [Refer: Accruals classified as current]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ShorttermEmployeeBenefitsAccruals</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ShorttermLegalProceedingsProvision">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current provision for legal proceedings. [Refer: Legal proceedings provision]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 37<br> -IssueDate 2021-01-01<br> -Section Example 10 A court case<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=37&amp;code=ifrs-tx-2021-en-r&amp;doctype=Illustrative%20Examples&amp;dita_xref=IAS37_IE_C_ex10__IAS37_IE_C_ex10_TI<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 37<br> -IssueDate 2021-01-01<br> -Paragraph 87<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=37&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_87&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ShorttermLegalProceedingsProvision</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The current amount of payment due to suppliers for goods and services used in entity's business. [Refer: Current liabilities; Trade payables]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 70<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_70&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TradeAndOtherReceivablesDueFromRelatedParties">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of receivables due from related parties. [Refer: Related parties [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TradeAndOtherReceivablesDueFromRelatedParties</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleAndEquity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities included in disposal groups classified as held for sale and equity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleAndEquity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_LoansFinancingAndHedgingInstrumentsCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current loans, financing and hedge derivative financial instruments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_LoansFinancingAndHedgingInstrumentsCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_LoansFinancingAndHedgingInstrumentsNonCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current loans, financing and hedge derivative financial instruments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_LoansFinancingAndHedgingInstrumentsNonCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_NonCurrentAssetsOtherThanInvestmentsTangibleIntangibleAndRightOfUseAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current assets other than investments, tangible, intangible and right-of-use assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_NonCurrentAssetsOtherThanInvestmentsTangibleIntangibleAndRightOfUseAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_NonCurrentInvestments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The aggregate amount of non-current investments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_NonCurrentInvestments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_TradeCurrentPayablesReverseFactoring">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Trade current payables- reverse factoring.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_TradeCurrentPayablesReverseFactoring</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AssetsAndLiabilitiesClassifiedAsHeldForSaleAxis=ifrs-full_DisposalGroupsClassifiedAsHeldForSaleMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AssetsAndLiabilitiesClassifiedAsHeldForSaleAxis=ifrs-full_DisposalGroupsClassifiedAsHeldForSaleMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_EliminationOfIntersegmentAmountsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_EliminationOfIntersegmentAmountsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_OxitenoIndustriaComercioMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_OxitenoIndustriaComercioMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_ExtrafarmaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_ExtrafarmaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>110
<FILENAME>R81.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147273483528">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Assets and liabilities from subsidiaries held for sale and discontinued operations (Details 2) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="6">12 Months Ended</th>
</tr>
<tr>
<th class="th" colspan="2"><div>Dec. 31, 2021</div></th>
<th class="th" colspan="2"><div>Dec. 31, 2020</div></th>
<th class="th" colspan="2"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems', window );"><strong>Assets and liabilities from subsidiaries held for sale and discontinued operations</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenue from sales and services</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 109,732,842<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 74,058,056<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">R$ 83,004,729<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Cost of products and services sold</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(104,827,966)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(70,056,447)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(78,208,786)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">4,904,876<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">4,001,609<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">4,795,943<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeExpensesAbstract', window );"><strong>Operating income (expenses)</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SalesAndMarketingExpense', window );">Selling marketing and administrative</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,934,789)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,595,871)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,631,760)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating income, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">96,166<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">64,034<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">140,029<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates', window );">Operating income (loss) before finance income (expenses) and share of profit (loss) of joint ventures and associates</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,787,014<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,545,960<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,051,237<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod', window );">Share of profit of associates</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">434<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,781<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,754<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes', window );">Operating income before finance income (expenses) and income and social contribution taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,769,380<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,501,929<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,038,528<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinanceIncomeCost', window );">Financial result, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(762,732)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(550,348)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(673,351)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossBeforeTax', window );">Profit (loss) before income and social contribution taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,006,648<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">951,581<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,365,177<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromDiscontinuedOperations', window );">Profit (loss) for the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">65,264<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">280,633<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(492,257)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss', window );">Depreciation and amortization for the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,196,355<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,127,637<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">1,123,627<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInOperatingActivitiesDiscontinuedOperations', window );">Net cash provided by (used in) operating activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">982,519<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">874,106<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">552,468<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInInvestingActivitiesDiscontinuedOperations', window );">Net cash used in investing activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(158,733)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(487,390)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(995,923)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations', window );">Net cash provided by (used in) financing activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(552,967)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(919,684)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(241,907)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_EffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations', window );">Effect of exchange rate changes on cash and cash equivalents in foreign currency</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">56,553<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">114,822<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">30,871<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_ExtrafarmaMember', window );">Extrafarma [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeExpensesAbstract', window );"><strong>Operating income (expenses)</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ImpairmentLossRecognisedInProfitOrLoss', window );">Impairment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(427,529)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_EliminationOfIntersegmentAmountsMember', window );">Eliminations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems', window );"><strong>Assets and liabilities from subsidiaries held for sale and discontinued operations</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenue from sales and services</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(214,715)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(193,046)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(127,397)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Cost of products and services sold</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">194,118<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">133,384<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">119,405<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(20,597)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(59,662)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(7,992)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeExpensesAbstract', window );"><strong>Operating income (expenses)</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SalesAndMarketingExpense', window );">Selling marketing and administrative</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating income, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates', window );">Operating income (loss) before finance income (expenses) and share of profit (loss) of joint ventures and associates</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes', window );">Operating income before finance income (expenses) and income and social contribution taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss', window );">Depreciation and amortization for the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ContinuingAndDiscontinuedOperationsAxis=ifrs-full_DiscontinuedOperationsMember', window );">Total Discontinued operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems', window );"><strong>Assets and liabilities from subsidiaries held for sale and discontinued operations</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenue from sales and services</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">9,065,795<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">7,183,046<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(6,293,246)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Cost of products and services sold</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(6,901,181)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(5,571,767)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(4,978,323)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,164,614<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,611,279<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,314,923<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeExpensesAbstract', window );"><strong>Operating income (expenses)</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SalesAndMarketingExpense', window );">Selling marketing and administrative</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,664,015)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ImpairmentLossRecognisedInProfitOrLoss', window );">Impairment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(427,529)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating income, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">25,815<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates', window );">Operating income (loss) before finance income (expenses) and share of profit (loss) of joint ventures and associates</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">98,885<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">266,095<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(750,685)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod', window );">Share of profit of associates</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">48<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes', window );">Operating income before finance income (expenses) and income and social contribution taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">98,933<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">266,509<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(750,121)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinanceIncomeCost', window );">Financial result, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(146,970)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">280,974<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">166,497<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossBeforeTax', window );">Profit (loss) before income and social contribution taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(48,037)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">547,483<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(583,624)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TaxExpenseRelatingToProfitLossFromOrdinaryActivitiesOfDiscontinuedOperations', window );">Income and social contribution taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">113,301<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromDiscontinuedOperations', window );">Profit (loss) for the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">65,264<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">280,633<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">492,257<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss', window );">Depreciation and amortization for the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">463,414<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="nump">428,962<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">376,328<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInOperatingActivitiesDiscontinuedOperations', window );">Net cash provided by (used in) operating activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">982,519<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInInvestingActivitiesDiscontinuedOperations', window );">Net cash used in investing activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(158,733)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations', window );">Net cash provided by (used in) financing activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(552,967)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_EffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations', window );">Effect of exchange rate changes on cash and cash equivalents in foreign currency</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">56,553<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseInCashAndCashEquivalentsIncludingEffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations', window );">(Decrease) increase in cash and cash equivalents</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">327,372<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ContinuingAndDiscontinuedOperationsAxis=ifrs-full_DiscontinuedOperationsMember', window );">Total Discontinued operations | Oxiteno S. A. Industria e Comercio [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems', window );"><strong>Assets and liabilities from subsidiaries held for sale and discontinued operations</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenue from sales and services</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">7,102,771<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">5,210,704<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">4,254,237<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Cost of products and services sold</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(5,540,773)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(4,188,711)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(3,537,570)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,561,998<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,021,993<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">716,667<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeExpensesAbstract', window );"><strong>Operating income (expenses)</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SalesAndMarketingExpense', window );">Selling marketing and administrative</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(978,221)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ImpairmentLossRecognisedInProfitOrLoss', window );">Impairment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating income, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">26,924<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates', window );">Operating income (loss) before finance income (expenses) and share of profit (loss) of joint ventures and associates</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">610,701<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">344,394<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(26,287)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod', window );">Share of profit of associates</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">48<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes', window );">Operating income before finance income (expenses) and income and social contribution taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">610,749<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">344,808<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(25,759)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinanceIncomeCost', window );">Financial result, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(431,441)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,482<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">14,464<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossBeforeTax', window );">Profit (loss) before income and social contribution taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">179,308<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">346,290<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(11,295)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TaxExpenseRelatingToProfitLossFromOrdinaryActivitiesOfDiscontinuedOperations', window );">Income and social contribution taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">69,995<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromDiscontinuedOperations', window );">Profit (loss) for the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">249,303<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(23,896)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss', window );">Depreciation and amortization for the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">308,564<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="nump">275,063<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="num">(222,004)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInOperatingActivitiesDiscontinuedOperations', window );">Net cash provided by (used in) operating activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,016,580<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInInvestingActivitiesDiscontinuedOperations', window );">Net cash used in investing activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(122,363)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations', window );">Net cash provided by (used in) financing activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,054,930)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_EffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations', window );">Effect of exchange rate changes on cash and cash equivalents in foreign currency</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">56,553<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseInCashAndCashEquivalentsIncludingEffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations', window );">(Decrease) increase in cash and cash equivalents</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(104,160)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ContinuingAndDiscontinuedOperationsAxis=ifrs-full_DiscontinuedOperationsMember', window );">Total Discontinued operations | Extrafarma [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems', window );"><strong>Assets and liabilities from subsidiaries held for sale and discontinued operations</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenue from sales and services</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,986,932<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,988,411<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,060,569<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Cost of products and services sold</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,384,316)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,399,125)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,462,313)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">602,616<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">589,286<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">598,256<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeExpensesAbstract', window );"><strong>Operating income (expenses)</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SalesAndMarketingExpense', window );">Selling marketing and administrative</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(685,794)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ImpairmentLossRecognisedInProfitOrLoss', window );">Impairment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(427,529)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating income, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,109)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates', window );">Operating income (loss) before finance income (expenses) and share of profit (loss) of joint ventures and associates</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(511,816)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(78,299)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(724,398)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod', window );">Share of profit of associates</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes', window );">Operating income before finance income (expenses) and income and social contribution taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(511,816)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(78,299)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(724,398)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinanceIncomeCost', window );">Financial result, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(45,265)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(38,938)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(32,451)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossBeforeTax', window );">Profit (loss) before income and social contribution taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(557,081)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(117,237)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(756,849)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TaxExpenseRelatingToProfitLossFromOrdinaryActivitiesOfDiscontinuedOperations', window );">Income and social contribution taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">155,416<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromDiscontinuedOperations', window );">Profit (loss) for the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(401,665)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">637,948<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss', window );">Depreciation and amortization for the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">154,850<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="nump">153,899<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="num">(154,324)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInOperatingActivitiesDiscontinuedOperations', window );">Net cash provided by (used in) operating activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(33,273)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInInvestingActivitiesDiscontinuedOperations', window );">Net cash used in investing activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(35,072)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations', window );">Net cash provided by (used in) financing activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">35,286<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_EffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations', window );">Effect of exchange rate changes on cash and cash equivalents in foreign currency</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseInCashAndCashEquivalentsIncludingEffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations', window );">(Decrease) increase in cash and cash equivalents</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(33,059)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ContinuingAndDiscontinuedOperationsAxis=ifrs-full_DiscontinuedOperationsMember', window );">Total Discontinued operations | Eliminations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems', window );"><strong>Assets and liabilities from subsidiaries held for sale and discontinued operations</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenue from sales and services</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(23,908)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="num">(16,069)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(21,560)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Cost of products and services sold</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">23,908<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">16,069<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">21,560<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeExpensesAbstract', window );"><strong>Operating income (expenses)</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SalesAndMarketingExpense', window );">Selling marketing and administrative</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ImpairmentLossRecognisedInProfitOrLoss', window );">Impairment</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating income, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates', window );">Operating income (loss) before finance income (expenses) and share of profit (loss) of joint ventures and associates</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod', window );">Share of profit of associates</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes', window );">Operating income before finance income (expenses) and income and social contribution taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">36<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinanceIncomeCost', window );">Financial result, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">329,736<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">318,430<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(184,484)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossBeforeTax', window );">Profit (loss) before income and social contribution taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">329,736<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">318,430<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">184,520<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TaxExpenseRelatingToProfitLossFromOrdinaryActivitiesOfDiscontinuedOperations', window );">Income and social contribution taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="num">(112,110)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromDiscontinuedOperations', window );">Profit (loss) for the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">217,626<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(121,795)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss', window );">Depreciation and amortization for the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[4],[5]</sup></td>
<td class="nump">R$ 0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">R$ 0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInOperatingActivitiesDiscontinuedOperations', window );">Net cash provided by (used in) operating activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(788)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInInvestingActivitiesDiscontinuedOperations', window );">Net cash used in investing activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,298)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations', window );">Net cash provided by (used in) financing activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">466,677<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_EffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations', window );">Effect of exchange rate changes on cash and cash equivalents in foreign currency</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseInCashAndCashEquivalentsIncludingEffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations', window );">(Decrease) increase in cash and cash equivalents</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 464,591<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr><td colspan="7"></td></tr>
<tr><td colspan="7"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">For further information see Note <span style="border-left: none; border-right: none;">3</span>.c.<span style="border-left: none; border-right: none;">3</span>.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top"><span style="font-family: 'Times New Roman';">For further details, see Note 3.c.3.</span></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[3]</td>
<td style="vertical-align: top;" valign="top">Balances included for complete breakdown of segment information.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[4]</td>
<td style="vertical-align: top;" valign="top">Balances included for complete breakdown of segment information.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[5]</td>
<td style="vertical-align: top;" valign="top">Elimination between continuing and discontinued operations related to the intercompany loan (PPE) between Ultrapar International and Oxiteno.</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash flows from (used in) the entity's financing activities, related to discontinued operations. [Refer: Discontinued operations [member]; Cash flows from (used in) financing activities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2021-01-01<br> -Paragraph 33<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=5&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_33_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations</td>
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<tr>
<td><strong> Balance Type:</strong></td>
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</tr>
<tr>
<td><strong> Period Type:</strong></td>
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</tr>
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</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInInvestingActivitiesDiscontinuedOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash flows from (used in) the entity's investing activities, related to discontinued operations. [Refer: Discontinued operations [member]; Cash flows from (used in) investing activities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2021-01-01<br> -Paragraph 33<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=5&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_33_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInInvestingActivitiesDiscontinuedOperations</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<tr>
<td><strong> Balance Type:</strong></td>
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</tr>
<tr>
<td><strong> Period Type:</strong></td>
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</div></td></tr>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash flows from (used in) the entity's operating activities, related to discontinued operations. [Refer: Discontinued operations [member]; Cash flows from (used in) operating activities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2021-01-01<br> -Paragraph 33<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=5&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_33_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInOperatingActivitiesDiscontinuedOperations</td>
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<td><strong> Data Type:</strong></td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
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</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CostOfSales">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of all expenses directly or indirectly attributed to the goods or services sold. Attributed expenses include, but are not limited to, costs previously included in the measurement of inventory that has now been sold, such as depreciation and maintenance of factory buildings and equipment used in the production process, unallocated production overheads, and abnormal amounts of production costs of inventories.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 99<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_99&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CostOfSales</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of depreciation expense, amortisation expense and impairment loss (reversal of impairment loss) recognised in profit or loss. [Refer: Depreciation and amortisation expense; Impairment loss (reversal of impairment loss) recognised in profit or loss]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr>
<td><strong> Data Type:</strong></td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<tr>
<td><strong> Data Type:</strong></td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinanceIncomeCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of income or cost associated with interest and other financing activities of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinanceIncomeCost</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GrossProfit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of revenue less cost of sales. [Refer: Cost of sales; Revenue]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GrossProfit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<tr>
<td><strong> Data Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ImpairmentLossRecognisedInProfitOrLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of impairment loss recognised in profit or loss. [Refer: Impairment loss; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 36<br> -IssueDate 2021-01-01<br> -Paragraph 126<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=36&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_126_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 36<br> -IssueDate 2021-01-01<br> -Paragraph 129<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=36&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_129_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ImpairmentLossRecognisedInProfitOrLoss</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Balance Type:</strong></td>
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</table>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of operating income (expense) that the entity does not separately disclose in the same statement or note.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherOperatingIncomeExpense</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Period Type:</strong></td>
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</table>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) before tax expense or income. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 28<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 102<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2021-01-01<br> -Paragraph 33<br> -Subparagraph b<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=5&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_33_b_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossBeforeTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr>
<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossFromDiscontinuedOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) from discontinued operations. [Refer: Discontinued operations [member]; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2021-01-01<br> -Paragraph 33<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=5&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_33_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause vii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B12_b_vii&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 82<br> -Subparagraph ea<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_82_ea&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 98<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_98_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossFromDiscontinuedOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Revenue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The income arising in the course of an entity's ordinary activities. Income is increases in assets, or decreases in liabilities, that result in increases in equity, other than those relating to contributions from holders of equity claims.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 28<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_28_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 23<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_23_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 32<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_32&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 33<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_33_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 34<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_34&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 82<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_82_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 7: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 8: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 102<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2021-01-01<br> -Paragraph 33<br> -Subparagraph b<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=5&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_33_b_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause v<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B12_b_v&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 11: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Revenue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SalesAndMarketingExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expense relating to the marketing and selling of goods or services.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SalesAndMarketingExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entity's share of the profit (loss) of associates accounted for using the equity method. [Refer: Associates [member]; Investments accounted for using equity method; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TaxExpenseRelatingToProfitLossFromOrdinaryActivitiesOfDiscontinuedOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The tax expense (income) relating to the profit (loss) arising from ordinary activities of discontinued operations. [Refer: Discontinued operations [member]; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2021-01-01<br> -Paragraph 33<br> -Subparagraph b<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=5&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_33_b_ii&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph 81<br> -Subparagraph h<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_81_h_ii&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TaxExpenseRelatingToProfitLossFromOrdinaryActivitiesOfDiscontinuedOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_EffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The effect of exchange rate changes on cash and cash equivalents from discontinued operations, held or due in a foreign currency.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_EffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_IncreaseDecreaseInCashAndCashEquivalentsIncludingEffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in cash and cash equivalents from discontinued operations including effect of exchange rate changes on cash and cash equivalents from discontinued operations, held or due in a foreign currency.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_IncreaseDecreaseInCashAndCashEquivalentsIncludingEffectOfExchangeRateChangesOnCashAndCashEquivalentsDiscontinuedOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Operating income before financial income (expenses) and income and social contribution taxes.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Total of Operating income before financial income or expenses and share of profit or loss of joint ventures and associate.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_OperatingIncomeExpensesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Operating Income Expenses [abstract]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_OperatingIncomeExpensesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_ExtrafarmaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_ExtrafarmaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_EliminationOfIntersegmentAmountsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_EliminationOfIntersegmentAmountsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ContinuingAndDiscontinuedOperationsAxis=ifrs-full_DiscontinuedOperationsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ContinuingAndDiscontinuedOperationsAxis=ifrs-full_DiscontinuedOperationsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_OxitenoIndustriaComercioMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_OxitenoIndustriaComercioMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>111
<FILENAME>R82.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147268261272">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Assets and liabilities from subsidiaries held for sale and discontinued operations (Details 3) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="6">12 Months Ended</th>
</tr>
<tr>
<th class="th" colspan="2"><div>Dec. 31, 2021</div></th>
<th class="th" colspan="2"><div>Dec. 31, 2020</div></th>
<th class="th" colspan="2"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems', window );"><strong>Assets and liabilities from subsidiaries held for sale and discontinued operations</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenue from sales and services</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 109,732,842<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 74,058,056<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">R$ 83,004,729<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Cost of products and services sold</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(104,827,966)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(70,056,447)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(78,208,786)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">4,904,876<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">4,001,609<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">4,795,943<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeExpensesAbstract', window );"><strong>Operating income (expenses)</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SellingGeneralAndAdministrativeExpense', window );">Selling marketing and administrative</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(2,605,139)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(2,886,435)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherGainsLosses', window );">Other operating income, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">149,490<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">141,729<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating income, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">96,166<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">64,034<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">140,029<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates', window );">Operating income (loss) before finance income (expenses) and share of profit (loss) of joint ventures and associates</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,787,014<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,545,960<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,051,237<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of profit (loss) of subsidiaries, joint ventures and associates</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(17,634)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(44,031)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(12,709)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes', window );">Operating income before financial income (expenses) and income and social contribution taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,769,380<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,501,929<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,038,528<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinanceIncomeCost', window );">Financial result, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(762,732)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(550,348)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(673,351)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossBeforeTax', window );">Profit (loss) before income and social contribution taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,006,648<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">951,581<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,365,177<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncomeTaxExpenseContinuingOperations', window );">Income and social contribution taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(188,034)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(304,517)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(469,976)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromContinuingOperations', window );">Net income from continuing operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">818,614<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">647,064<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">895,201<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromDiscontinuedOperations', window );">Net income from discontinued operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">65,264<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">280,633<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(492,257)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Profit (loss) for the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">883,878<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">927,697<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">402,944<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss', window );">Depreciation and amortization for the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,196,355<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,127,637<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">1,123,627<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInOperatingActivitiesContinuingOperations', window );">Net cash provided by (used in) operating activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,603,441<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,264,013<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,372,384<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInInvestingActivitiesContinuingOperations', window );">Net cash used in investing activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">882,869<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,649,015)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(839,338)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInFinancingActivitiesContinuingOperations', window );">Net cash provided by (used in) financing activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(2,802,574)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">327,351<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(2,680,322)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents', window );">Effect of exchange rate changes on cash and cash equivalents in foreign currency</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">21,912<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(21,805)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseInCashAndCashEquivalentsContinuingOperations', window );">Increase (decrease) in cash and cash equivalents</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">964,261<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,169,081)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetrospectiveApplicationAndRetrospectiveRestatementAxis=ifrs-full_PreviouslyStatedMember', window );">Disclosed</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems', window );"><strong>Assets and liabilities from subsidiaries held for sale and discontinued operations</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenue from sales and services</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">81,241,102<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">89,297,975<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Cost of products and services sold</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(75,628,214)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(83,187,109)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">5,612,888<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">6,110,866<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeExpensesAbstract', window );"><strong>Operating income (expenses)</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SellingGeneralAndAdministrativeExpense', window );">Selling marketing and administrative</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(4,098,377)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(4,366,640)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherGainsLosses', window );">Other operating income, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">297,544<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(443,674)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates', window );">Operating income (loss) before finance income (expenses) and share of profit (loss) of joint ventures and associates</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,812,055<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,300,552<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of profit (loss) of subsidiaries, joint ventures and associates</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(43,617)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(12,145)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes', window );">Operating income before financial income (expenses) and income and social contribution taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,768,438<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,288,407<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinanceIncomeCost', window );">Financial result, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(269,374)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(506,854)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossBeforeTax', window );">Profit (loss) before income and social contribution taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,499,064<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">781,553<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncomeTaxExpenseContinuingOperations', window );">Income and social contribution taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(571,367)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(378,609)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromContinuingOperations', window );">Net income from continuing operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">402,944<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromDiscontinuedOperations', window );">Net income from discontinued operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Profit (loss) for the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">927,697<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">402,944<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss', window );">Depreciation and amortization for the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,556,599<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">1,499,955<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInOperatingActivitiesContinuingOperations', window );">Net cash provided by (used in) operating activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">3,138,119<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,924,852<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInInvestingActivitiesContinuingOperations', window );">Net cash used in investing activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(2,136,405)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,835,261)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInFinancingActivitiesContinuingOperations', window );">Net cash provided by (used in) financing activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(592,333)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(2,922,229)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents', window );">Effect of exchange rate changes on cash and cash equivalents in foreign currency</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">136,734<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">9,066<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseInCashAndCashEquivalentsContinuingOperations', window );">Increase (decrease) in cash and cash equivalents</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">546,115<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,823,572)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_EliminationOfIntersegmentAmountsMember', window );">Elimination of intersegment amounts [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems', window );"><strong>Assets and liabilities from subsidiaries held for sale and discontinued operations</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenue from sales and services</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(214,715)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(193,046)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(127,397)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Cost of products and services sold</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">194,118<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">133,384<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">119,405<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(20,597)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(59,662)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(7,992)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeExpensesAbstract', window );"><strong>Operating income (expenses)</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating income, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates', window );">Operating income (loss) before finance income (expenses) and share of profit (loss) of joint ventures and associates</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of profit (loss) of subsidiaries, joint ventures and associates</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes', window );">Operating income before financial income (expenses) and income and social contribution taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss', window );">Depreciation and amortization for the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ContinuingAndDiscontinuedOperationsAxis=ifrs-full_DiscontinuedOperationsMember', window );">Total Discontinued operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems', window );"><strong>Assets and liabilities from subsidiaries held for sale and discontinued operations</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenue from sales and services</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">9,065,795<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">7,183,046<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(6,293,246)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Cost of products and services sold</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(6,901,181)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(5,571,767)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(4,978,323)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,164,614<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,611,279<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,314,923<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeExpensesAbstract', window );"><strong>Operating income (expenses)</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SellingGeneralAndAdministrativeExpense', window );">Selling marketing and administrative</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,493,238)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,480,205)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherGainsLosses', window );">Other operating income, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">148,054<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(585,403)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating income, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">25,815<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates', window );">Operating income (loss) before finance income (expenses) and share of profit (loss) of joint ventures and associates</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">98,885<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">266,095<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(750,685)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of profit (loss) of subsidiaries, joint ventures and associates</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">414<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">564<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes', window );">Operating income before financial income (expenses) and income and social contribution taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">98,933<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">266,509<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(750,121)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinanceIncomeCost', window );">Financial result, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(146,970)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">280,974<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">166,497<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossBeforeTax', window );">Profit (loss) before income and social contribution taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(48,037)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">547,483<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(583,624)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncomeTaxExpenseContinuingOperations', window );">Income and social contribution taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(266,850)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">91,367<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromContinuingOperations', window );">Net income from continuing operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(492,257)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromDiscontinuedOperations', window );">Net income from discontinued operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">65,264<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">280,633<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">492,257<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Profit (loss) for the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">280,633<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss', window );">Depreciation and amortization for the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">463,414<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="nump">428,962<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">376,328<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInOperatingActivitiesContinuingOperations', window );">Net cash provided by (used in) operating activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">874,106<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">552,468<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInInvestingActivitiesContinuingOperations', window );">Net cash used in investing activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(487,390)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(995,923)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInFinancingActivitiesContinuingOperations', window );">Net cash provided by (used in) financing activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(919,684)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(241,907)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents', window );">Effect of exchange rate changes on cash and cash equivalents in foreign currency</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">114,822<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">30,871<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseInCashAndCashEquivalentsContinuingOperations', window );">Increase (decrease) in cash and cash equivalents</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(418,146)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(654,491)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ContinuingAndDiscontinuedOperationsAxis=ifrs-full_DiscontinuedOperationsMember', window );">Total Discontinued operations | Oxiteno S. A. Industria e Comercio [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems', window );"><strong>Assets and liabilities from subsidiaries held for sale and discontinued operations</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenue from sales and services</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">7,102,771<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">5,210,704<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">4,254,237<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Cost of products and services sold</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(5,540,773)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(4,188,711)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(3,537,570)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,561,998<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,021,993<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">716,667<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeExpensesAbstract', window );"><strong>Operating income (expenses)</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SellingGeneralAndAdministrativeExpense', window );">Selling marketing and administrative</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(831,056)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(737,606)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherGainsLosses', window );">Other operating income, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">153,457<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(5,348)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating income, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">26,924<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates', window );">Operating income (loss) before finance income (expenses) and share of profit (loss) of joint ventures and associates</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">610,701<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">344,394<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(26,287)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of profit (loss) of subsidiaries, joint ventures and associates</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">414<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">528<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes', window );">Operating income before financial income (expenses) and income and social contribution taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">610,749<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">344,808<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(25,759)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinanceIncomeCost', window );">Financial result, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(431,441)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,482<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">14,464<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossBeforeTax', window );">Profit (loss) before income and social contribution taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">179,308<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">346,290<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(11,295)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncomeTaxExpenseContinuingOperations', window );">Income and social contribution taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(118,132)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">35,191<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromContinuingOperations', window );">Net income from continuing operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">23,896<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromDiscontinuedOperations', window );">Net income from discontinued operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">249,303<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(23,896)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Profit (loss) for the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">228,158<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss', window );">Depreciation and amortization for the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">308,564<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="nump">275,063<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="num">(222,004)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInOperatingActivitiesContinuingOperations', window );">Net cash provided by (used in) operating activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">765,090<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">486,276<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInInvestingActivitiesContinuingOperations', window );">Net cash used in investing activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(159,349)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(882,894)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInFinancingActivitiesContinuingOperations', window );">Net cash provided by (used in) financing activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,236,490)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(375,258)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents', window );">Effect of exchange rate changes on cash and cash equivalents in foreign currency</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">114,822<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">30,871<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseInCashAndCashEquivalentsContinuingOperations', window );">Increase (decrease) in cash and cash equivalents</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(515,927)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(741,005)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ContinuingAndDiscontinuedOperationsAxis=ifrs-full_DiscontinuedOperationsMember', window );">Total Discontinued operations | Extrafarma [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems', window );"><strong>Assets and liabilities from subsidiaries held for sale and discontinued operations</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenue from sales and services</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,986,932<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,988,411<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,060,569<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Cost of products and services sold</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,384,316)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,399,125)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,462,313)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">602,616<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">589,286<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">598,256<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeExpensesAbstract', window );"><strong>Operating income (expenses)</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SellingGeneralAndAdministrativeExpense', window );">Selling marketing and administrative</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(662,182)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(742,599)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherGainsLosses', window );">Other operating income, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(5,403)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(580,055)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating income, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,109)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates', window );">Operating income (loss) before finance income (expenses) and share of profit (loss) of joint ventures and associates</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(511,816)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(78,299)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(724,398)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of profit (loss) of subsidiaries, joint ventures and associates</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes', window );">Operating income before financial income (expenses) and income and social contribution taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(511,816)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(78,299)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(724,398)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinanceIncomeCost', window );">Financial result, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(45,265)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(38,938)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(32,451)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossBeforeTax', window );">Profit (loss) before income and social contribution taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(557,081)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(117,237)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(756,849)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncomeTaxExpenseContinuingOperations', window );">Income and social contribution taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(40,453)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">118,901<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromContinuingOperations', window );">Net income from continuing operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(637,948)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromDiscontinuedOperations', window );">Net income from discontinued operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(401,665)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">637,948<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Profit (loss) for the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(157,690)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss', window );">Depreciation and amortization for the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">154,850<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="nump">153,899<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="num">(154,324)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInOperatingActivitiesContinuingOperations', window );">Net cash provided by (used in) operating activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">111,396<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">23,282<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInInvestingActivitiesContinuingOperations', window );">Net cash used in investing activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(6,484)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(122,462)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInFinancingActivitiesContinuingOperations', window );">Net cash provided by (used in) financing activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">11,272<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">125,852<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents', window );">Effect of exchange rate changes on cash and cash equivalents in foreign currency</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseInCashAndCashEquivalentsContinuingOperations', window );">Increase (decrease) in cash and cash equivalents</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">116,184<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">26,672<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ContinuingAndDiscontinuedOperationsAxis=ifrs-full_DiscontinuedOperationsMember', window );">Total Discontinued operations | Elimination of intersegment amounts [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems', window );"><strong>Assets and liabilities from subsidiaries held for sale and discontinued operations</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenue from sales and services</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(23,908)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="num">(16,069)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(21,560)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Cost of products and services sold</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">23,908<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">16,069<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">21,560<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeExpensesAbstract', window );"><strong>Operating income (expenses)</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SellingGeneralAndAdministrativeExpense', window );">Selling marketing and administrative</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherGainsLosses', window );">Other operating income, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating income, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates', window );">Operating income (loss) before finance income (expenses) and share of profit (loss) of joint ventures and associates</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of profit (loss) of subsidiaries, joint ventures and associates</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">36<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes', window );">Operating income before financial income (expenses) and income and social contribution taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">36<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinanceIncomeCost', window );">Financial result, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">329,736<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">318,430<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(184,484)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossBeforeTax', window );">Profit (loss) before income and social contribution taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">329,736<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">318,430<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">184,520<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncomeTaxExpenseContinuingOperations', window );">Income and social contribution taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(108,265)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(62,725)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromContinuingOperations', window );">Net income from continuing operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">121,795<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromDiscontinuedOperations', window );">Net income from discontinued operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">217,626<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(121,795)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Profit (loss) for the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">210,165<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss', window );">Depreciation and amortization for the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[4],[5]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInOperatingActivitiesContinuingOperations', window );">Net cash provided by (used in) operating activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(2,380)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">42,910<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInInvestingActivitiesContinuingOperations', window );">Net cash used in investing activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(321,557)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">9,433<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInFinancingActivitiesContinuingOperations', window );">Net cash provided by (used in) financing activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">305,534<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">7,499<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents', window );">Effect of exchange rate changes on cash and cash equivalents in foreign currency</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseInCashAndCashEquivalentsContinuingOperations', window );">Increase (decrease) in cash and cash equivalents</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">R$ (18,403)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 59,842<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr><td colspan="7"></td></tr>
<tr><td colspan="7"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">For further information see Note <span style="border-left: none; border-right: none;">3</span>.c.<span style="border-left: none; border-right: none;">3</span>.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top"><span style="font-family: 'Times New Roman';">For further details, see Note 3.c.3.</span></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[3]</td>
<td style="vertical-align: top;" valign="top">Balances included for complete breakdown of segment information.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[4]</td>
<td style="vertical-align: top;" valign="top">Balances included for complete breakdown of segment information.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[5]</td>
<td style="vertical-align: top;" valign="top">Elimination between continuing and discontinued operations related to the intercompany loan (PPE) between Ultrapar International and Oxiteno.</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInFinancingActivitiesContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash flows from (used in) the entity's financing activities, related to continuing operations. [Refer: Continuing operations [member]; Cash flows from (used in) financing activities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2021-01-01<br> -Paragraph 33<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=5&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_33_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInFinancingActivitiesContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInInvestingActivitiesContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash flows from (used in) the entity's investing activities, related to continuing operations. [Refer: Continuing operations [member]; Cash flows from (used in) investing activities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2021-01-01<br> -Paragraph 33<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=5&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_33_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInInvestingActivitiesContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInOperatingActivitiesContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash flows from (used in) the entity's operating activities, related to continuing operations. [Refer: Continuing operations [member]; Cash flows from (used in) operating activities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2021-01-01<br> -Paragraph 33<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=5&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_33_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInOperatingActivitiesContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CostOfSales">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of all expenses directly or indirectly attributed to the goods or services sold. Attributed expenses include, but are not limited to, costs previously included in the measurement of inventory that has now been sold, such as depreciation and maintenance of factory buildings and equipment used in the production process, unallocated production overheads, and abnormal amounts of production costs of inventories.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 99<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_99&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CostOfSales</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of depreciation expense, amortisation expense and impairment loss (reversal of impairment loss) recognised in profit or loss. [Refer: Depreciation and amortisation expense; Impairment loss (reversal of impairment loss) recognised in profit or loss]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The effect of exchange rate changes on cash and cash equivalents held or due in a foreign currency. [Refer: Cash and cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 25<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_25&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 28<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_28&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinanceIncomeCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of income or cost associated with interest and other financing activities of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinanceIncomeCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GrossProfit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of revenue less cost of sales. [Refer: Cost of sales; Revenue]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GrossProfit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncomeTaxExpenseContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The aggregate amount included in the determination of profit (loss) for the period in respect of current tax and deferred tax. [Refer: Current tax expense (income); Deferred tax expense (income)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 26<br> -IssueDate 2021-01-01<br> -Paragraph 35<br> -Subparagraph b<br> -Clause viii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=26&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_35_b_viii&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 23<br> -Subparagraph h<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_23_h&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph 79<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_79&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph 81<br> -Subparagraph c<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_81_c_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 82<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_82_d&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph 81<br> -Subparagraph c<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_81_c_ii&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B13<br> -Subparagraph g<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B13_g&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncomeTaxExpenseContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherGainsLosses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The gains (losses) that the entity does not separately disclose in the same statement or note.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 102<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherGainsLosses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherOperatingIncomeExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of operating income (expense) that the entity does not separately disclose in the same statement or note.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherOperatingIncomeExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 18<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_18_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_32_a_ii&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 28<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective on first application of IFRS 9<br> -Name IFRS<br> -Number 4<br> -IssueDate 2021-01-01<br> -Paragraph 39L<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=4&amp;code=ifrs-tx-2021-en-b&amp;anchor=para_39L_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 7: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective 2023-01-01<br> -Name IFRS<br> -Number 17<br> -IssueDate 2021-01-01<br> -Paragraph 113<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=17&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_113_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 8: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_106_d_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 81A<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_81A_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossBeforeTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) before tax expense or income. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 28<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 102<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2021-01-01<br> -Paragraph 33<br> -Subparagraph b<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=5&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_33_b_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossBeforeTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossFromContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) from continuing operations. [Refer: Continuing operations [member]; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 28<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause vi<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B12_b_vi&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 81A<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_81A_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossFromContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossFromDiscontinuedOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) from discontinued operations. [Refer: Discontinued operations [member]; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2021-01-01<br> -Paragraph 33<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=5&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_33_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause vii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B12_b_vii&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 82<br> -Subparagraph ea<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_82_ea&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 98<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_98_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossFromDiscontinuedOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Revenue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The income arising in the course of an entity's ordinary activities. Income is increases in assets, or decreases in liabilities, that result in increases in equity, other than those relating to contributions from holders of equity claims.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 28<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_28_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 23<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_23_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 32<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_32&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 33<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_33_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 34<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_34&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 82<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_82_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 7: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 8: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 102<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2021-01-01<br> -Paragraph 33<br> -Subparagraph b<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=5&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_33_b_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause v<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B12_b_v&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 11: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Revenue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SellingGeneralAndAdministrativeExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expense relating to selling, general and administrative activities of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SellingGeneralAndAdministrativeExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entity's share of the profit (loss) of associates and joint ventures accounted for using the equity method. [Refer: Associates [member]; Investments accounted for using equity method; Joint ventures [member]; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 23<br> -Subparagraph g<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_23_g&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 28<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_28_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective on first application of IFRS 9<br> -Name IFRS<br> -Number 4<br> -IssueDate 2021-01-01<br> -Paragraph 39M<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=4&amp;code=ifrs-tx-2021-en-b&amp;anchor=para_39M_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 82<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_82_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_IncreaseDecreaseInCashAndCashEquivalentsContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in cash and cash equivalents from continuing operations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_IncreaseDecreaseInCashAndCashEquivalentsContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Operating income before financial income (expenses) and income and social contribution taxes.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Total of Operating income before financial income or expenses and share of profit or loss of joint ventures and associate.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_OperatingIncomeExpensesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Operating Income Expenses [abstract]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_OperatingIncomeExpensesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RetrospectiveApplicationAndRetrospectiveRestatementAxis=ifrs-full_PreviouslyStatedMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RetrospectiveApplicationAndRetrospectiveRestatementAxis=ifrs-full_PreviouslyStatedMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_EliminationOfIntersegmentAmountsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_EliminationOfIntersegmentAmountsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ContinuingAndDiscontinuedOperationsAxis=ifrs-full_DiscontinuedOperationsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ContinuingAndDiscontinuedOperationsAxis=ifrs-full_DiscontinuedOperationsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_OxitenoIndustriaComercioMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_OxitenoIndustriaComercioMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_ExtrafarmaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_ExtrafarmaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147277099560">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Assets and liabilities from subsidiaries held for sale and discontinued operations (Details 3 - Textuals 1)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jul. 29, 2021</div></th>
<th class="th">
<div>May 18, 2021 </div>
<div>BRL (R$)</div>
</th>
<th class="th">
<div>Dec. 31, 2021 </div>
<div>BRL (R$)</div>
</th>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_ExtrafarmaMember', window );">Extrafarma [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems', window );"><strong>Assets and liabilities from subsidiaries held for sale and discontinued operations</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ImpairmentLoss', window );">Net impairment</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 282,169<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ContinuingAndDiscontinuedOperationsAxis=ifrs-full_DiscontinuedOperationsMember', window );">Total Discontinued operations</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems', window );"><strong>Assets and liabilities from subsidiaries held for sale and discontinued operations</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_MaximumPercentageOfShareCapitalOfReportingEntityExercisedForPreemptiveRights', window );">Maximum percentage of share capital of reporting entity, exercised for preemptive rights</a></td>
<td class="nump">1.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ContinuingAndDiscontinuedOperationsAxis=ifrs-full_DiscontinuedOperationsMember', window );">Total Discontinued operations | Extrafarma [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems', window );"><strong>Assets and liabilities from subsidiaries held for sale and discontinued operations</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ImpairmentLoss', window );">Net impairment</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 282,169<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ContinuingAndDiscontinuedOperationsAxis=ifrs-full_DiscontinuedOperationsMember', window );">Total Discontinued operations | Extrafarma [member] | Empreendimentos Pague Menos S.A [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems', window );"><strong>Assets and liabilities from subsidiaries held for sale and discontinued operations</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AggregateSalePriceOfSubsidiary', window );">Aggregate sale price of subsidiary</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 700<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NumberOfInstallmentsInDisposalGroupTransaction', window );">Number of installments in disposal group transaction</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">3<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_PercentageOfSalePriceSettlementAsOfClosingDate', window );">Percentage of sale price settlement as of closing date</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">50.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_PercentageOfSalePriceSettlementOnEachOfFirstAndSecondAnniversaryOfClosingDate', window );">Percentage of sale price settlement on each of the first and second anniversary of the closing date</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">25.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Borrowings, interest rate basis</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">Interbank Deposits Interest Rate (&#8220;DI&#8221;) rate + &lt;span style="border-left: none; border-right: none;">0.5&lt;/span>% p.a.<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NumberOfInstallmentsInDisposalGroupTransactionRequiredGuaranteeWillBeProvidedByBuyer', window );">Number of installments in disposal group transaction required guarantee will be provided by buyer</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsInterestRateBasis">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The basis (reference rate) used for calculation of the interest rate on borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 7<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsInterestRateBasis</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ImpairmentLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount recognised as a reduction of the carrying amount of an asset or cash-generating unit to its recoverable amount. [Refer: Carrying amount [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 36<br> -IssueDate 2021-01-01<br> -Paragraph 130<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=36&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_130_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 36<br> -IssueDate 2021-01-01<br> -Paragraph 130<br> -Subparagraph d<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=36&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_130_d_ii&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ImpairmentLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AggregateSalePriceOfSubsidiary">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of aggregate sale price of subsidiary.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AggregateSalePriceOfSubsidiary</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_MaximumPercentageOfShareCapitalOfReportingEntityExercisedForPreemptiveRights">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The maximum percentage of share capital of reporting entity, which are exercised for preemptive rights.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_MaximumPercentageOfShareCapitalOfReportingEntityExercisedForPreemptiveRights</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_NumberOfInstallmentsInDisposalGroupTransaction">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of installments in disposal group transaction during period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_NumberOfInstallmentsInDisposalGroupTransaction</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:integerItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_NumberOfInstallmentsInDisposalGroupTransactionRequiredGuaranteeWillBeProvidedByBuyer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of installments in disposal group transaction required a guarantee will be provided by a buyer during period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_NumberOfInstallmentsInDisposalGroupTransactionRequiredGuaranteeWillBeProvidedByBuyer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:integerItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_PercentageOfSalePriceSettlementAsOfClosingDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The percentage of sale price settlement as of the closing date of disposal group transaction.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_PercentageOfSalePriceSettlementAsOfClosingDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_PercentageOfSalePriceSettlementOnEachOfFirstAndSecondAnniversaryOfClosingDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The percentage of sale price settlement on each of the first and second anniversary of the closing date of disposal group transaction.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_PercentageOfSalePriceSettlementOnEachOfFirstAndSecondAnniversaryOfClosingDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_ExtrafarmaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_ExtrafarmaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ContinuingAndDiscontinuedOperationsAxis=ifrs-full_DiscontinuedOperationsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ContinuingAndDiscontinuedOperationsAxis=ifrs-full_DiscontinuedOperationsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CounterpartyNameAxis=ugp_EmpreendimentosPagueMenosSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CounterpartyNameAxis=ugp_EmpreendimentosPagueMenosSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>113
<FILENAME>R84.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147277079960">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Assets and liabilities from subsidiaries held for sale and discontinued operations (Details 4 - Textuals 2) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems', window );"><strong>Assets and liabilities from subsidiaries held for sale and discontinued operations</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromDiscontinuedOperations', window );">Net income from discontinued operations</a></td>
<td class="nump">R$ 65,264<span></span>
</td>
<td class="nump">R$ 280,633<span></span>
</td>
<td class="num">R$ (492,257)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ContinuingAndDiscontinuedOperationsAxis=ifrs-full_DiscontinuedOperationsMember', window );">Total Discontinued operations</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems', window );"><strong>Assets and liabilities from subsidiaries held for sale and discontinued operations</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromDiscontinuedOperations', window );">Net income from discontinued operations</a></td>
<td class="nump">65,264<span></span>
</td>
<td class="nump">280,633<span></span>
</td>
<td class="nump">492,257<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ContinuingAndDiscontinuedOperationsAxis=ifrs-full_DiscontinuedOperationsMember', window );">Total Discontinued operations | Oxiteno S. A. Industria e Comercio [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<tr class="re">
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<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<tr class="ro">
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<td class="nump">R$ 249,303<span></span>
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<td class="nump">R$ 0<span></span>
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<td class="num">R$ (23,896)<span></span>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<td style="white-space:nowrap;">ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) from discontinued operations. [Refer: Discontinued operations [member]; Profit (loss)]</p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<td style="white-space:nowrap;">ifrs-full_ContinuingAndDiscontinuedOperationsAxis=ifrs-full_DiscontinuedOperationsMember</td>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147270475224">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Principles of Consolidation and Investments in Subsidiaries - Summary Of Consolidated Financial Statements Of direct and Indirect Subsidiaries (Detail)<br></strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_IpirangaProdutosdePetroleoSAMember', window );">IPP [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Ipiranga Produtos de Petr&#243;leo S.A.<span></span>
</td>
<td class="text">Ipiranga Produtos de Petr&#243;leo S.A.<span></span>
</td>
<td class="text">Ipiranga Produtos de Petr&#243;leo S.A.<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PrincipalPlaceOfBusinessOfSubsidiary', window );">Location</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Brazil<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BusinessSegment', window );">Segment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Ipiranga<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DirectControlInterestPercentage', window );">Direct control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IndirectControlInterestPercentage', window );">Indirect control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_AmPmComestveisLtdaMember', window );">am/pm Comestveis Ltda [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">am/pm Comest&#237;veis Ltda.<span></span>
</td>
<td class="text">am/pm Comest&#237;veis Ltda.<span></span>
</td>
<td class="text">am/pm Comest&#237;veis Ltda.<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PrincipalPlaceOfBusinessOfSubsidiary', window );">Location</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Brazil<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BusinessSegment', window );">Segment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Ipiranga<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DirectControlInterestPercentage', window );">Direct control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IndirectControlInterestPercentage', window );">Indirect control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_IcorbanCorrespondenteBancarioLtdaMember', window );">Icorban Correspondente Bancrio Ltda [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Icorban &#8211; Correspondente Banc&#225;rio Ltda.<span></span>
</td>
<td class="text">Icorban &#8211; Correspondente Banc&#225;rio Ltda.<span></span>
</td>
<td class="text">Icorban &#8211; Correspondente Banc&#225;rio Ltda.<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PrincipalPlaceOfBusinessOfSubsidiary', window );">Location</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Brazil<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BusinessSegment', window );">Segment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Ipiranga<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DirectControlInterestPercentage', window );">Direct control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IndirectControlInterestPercentage', window );">Indirect control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_IpirangaTradingLimitedMember', window );">Ipiranga Trading Limited [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Ipiranga Trading Limited<span></span>
</td>
<td class="text">Ipiranga Trading Limited<span></span>
</td>
<td class="text">Ipiranga Trading Limited<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PrincipalPlaceOfBusinessOfSubsidiary', window );">Location</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">British Virgin Islands<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BusinessSegment', window );">Segment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Ipiranga<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DirectControlInterestPercentage', window );">Direct control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IndirectControlInterestPercentage', window );">Indirect control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_TropicalTransportesIpirangaLtdaMember', window );">Tropical Transportes Ipiranga Ltda [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Tropical Transportes Ipiranga Ltda.<span></span>
</td>
<td class="text">Tropical Transportes Ipiranga Ltda.<span></span>
</td>
<td class="text">Tropical Transportes Ipiranga Ltda.<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PrincipalPlaceOfBusinessOfSubsidiary', window );">Location</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Brazil<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BusinessSegment', window );">Segment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Ipiranga<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DirectControlInterestPercentage', window );">Direct control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IndirectControlInterestPercentage', window );">Indirect control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_IpirangaImobiliriaLtdaMember', window );">Ipiranga Imobiliria Ltda [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Ipiranga Imobili&#225;ria Ltda.<span></span>
</td>
<td class="text">Ipiranga Imobili&#225;ria Ltda.<span></span>
</td>
<td class="text">Ipiranga Imobili&#225;ria Ltda.<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PrincipalPlaceOfBusinessOfSubsidiary', window );">Location</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Brazil<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BusinessSegment', window );">Segment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Ipiranga<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DirectControlInterestPercentage', window );">Direct control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IndirectControlInterestPercentage', window );">Indirect control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_IpirangaLogsticaLtdaMember', window );">Ipiranga Logstica Ltda [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Ipiranga Log&#237;stica Ltda.<span></span>
</td>
<td class="text">Ipiranga Log&#237;stica Ltda.<span></span>
</td>
<td class="text">Ipiranga Log&#237;stica Ltda.<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PrincipalPlaceOfBusinessOfSubsidiary', window );">Location</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Brazil<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BusinessSegment', window );">Segment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Ipiranga<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DirectControlInterestPercentage', window );">Direct control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IndirectControlInterestPercentage', window );">Indirect control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_OilTradingImportadoraExportadoraLtdaMember', window );">Oil Trading Importadora e Exportadora Ltda [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Oil Trading Importadora e Exportadora Ltda.<span></span>
</td>
<td class="text">Oil Trading Importadora e Exportadora Ltda.<span></span>
</td>
<td class="text">Oil Trading Importadora e Exportadora Ltda.<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PrincipalPlaceOfBusinessOfSubsidiary', window );">Location</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Brazil<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BusinessSegment', window );">Segment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Ipiranga<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DirectControlInterestPercentage', window );">Direct control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IndirectControlInterestPercentage', window );">Indirect control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_IconicLubrificantesSAMember', window );">Iconic Lubrificantes S.A [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Iconic Lubrificantes S.A.<span></span>
</td>
<td class="text">Iconic Lubrificantes S.A.<span></span>
</td>
<td class="text">Iconic Lubrificantes S.A.<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PrincipalPlaceOfBusinessOfSubsidiary', window );">Location</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Brazil<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BusinessSegment', window );">Segment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Ipiranga<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DirectControlInterestPercentage', window );">Direct control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IndirectControlInterestPercentage', window );">Indirect control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">56.00%<span></span>
</td>
<td class="nump">56.00%<span></span>
</td>
<td class="nump">56.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_IntegraFrotasLtdaMember', window );">Integra Frotas Ltda [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Integra Frotas Ltda.<span></span>
</td>
<td class="text">Integra Frotas Ltda.<span></span>
</td>
<td class="text">Integra Frotas Ltda.<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PrincipalPlaceOfBusinessOfSubsidiary', window );">Location</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Brazil<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BusinessSegment', window );">Segment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Ipiranga<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DirectControlInterestPercentage', window );">Direct control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IndirectControlInterestPercentage', window );">Indirect control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_CompanhiaUltragazMember', window );">Companhia Ultragaz S A [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Companhia Ultragaz S.A.<span></span>
</td>
<td class="text">Companhia Ultragaz S.A.<span></span>
</td>
<td class="text">Companhia Ultragaz S.A.<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PrincipalPlaceOfBusinessOfSubsidiary', window );">Location</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Brazil<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BusinessSegment', window );">Segment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Ultragaz<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DirectControlInterestPercentage', window );">Direct control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IndirectControlInterestPercentage', window );">Indirect control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">99.00%<span></span>
</td>
<td class="nump">99.00%<span></span>
</td>
<td class="nump">99.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_UltragazComercialLtdaMember', window );">Ultragaz Comercial Ltda [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Ultragaz Comercial Ltda.<span></span>
</td>
<td class="text">Ultragaz Comercial Ltda.<span></span>
</td>
<td class="text">Ultragaz Comercial Ltda.<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PrincipalPlaceOfBusinessOfSubsidiary', window );">Location</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Brazil<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BusinessSegment', window );">Segment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Ultragaz<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DirectControlInterestPercentage', window );">Direct control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IndirectControlInterestPercentage', window );">Indirect control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_NovaParanaDistribuidoraDeGasLtdaMember', window );">Nova Paran&#225; Distribuidora de G&#225;s Ltda. [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">Nova Paran&#225; Distribuidora de G&#225;s Ltda.<span></span>
</td>
<td class="text">Nova Paran&#225; Distribuidora de G&#225;s Ltda.<span></span>
</td>
<td class="text">Nova Paran&#225; Distribuidora de G&#225;s Ltda.<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PrincipalPlaceOfBusinessOfSubsidiary', window );">Location</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">Brazil<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BusinessSegment', window );">Segment</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">Ultragaz<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DirectControlInterestPercentage', window );">Direct control</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IndirectControlInterestPercentage', window );">Indirect control</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_UtingasArmazenadoraMember', window );">Utingas Armazenadora S.A. [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text">Uting&#225;s Armazenadora S.A.<span></span>
</td>
<td class="text">Uting&#225;s Armazenadora S.A.<span></span>
</td>
<td class="text">Uting&#225;s Armazenadora S.A.<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PrincipalPlaceOfBusinessOfSubsidiary', window );">Location</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text">Brazil<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BusinessSegment', window );">Segment</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text">Ultragaz<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DirectControlInterestPercentage', window );">Direct control</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IndirectControlInterestPercentage', window );">Indirect control</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">57.00%<span></span>
</td>
<td class="nump">57.00%<span></span>
</td>
<td class="nump">57.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_BahianaDistribuidoraDeGasLtdaMember', window );">Bahiana Distribuidora De Gas Ltda [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Bahiana Distribuidora de G&#225;s Ltda.<span></span>
</td>
<td class="text">Bahiana Distribuidora de G&#225;s Ltda.<span></span>
</td>
<td class="text">Bahiana Distribuidora de G&#225;s Ltda.<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PrincipalPlaceOfBusinessOfSubsidiary', window );">Location</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Brazil<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BusinessSegment', window );">Segment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Ultragaz<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DirectControlInterestPercentage', window );">Direct control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IndirectControlInterestPercentage', window );">Indirect control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_LPGInternationalIncMember', window );">LPG International Inc. [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">LPG International Inc.<span></span>
</td>
<td class="text">LPG International Inc.<span></span>
</td>
<td class="text">LPG International Inc.<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PrincipalPlaceOfBusinessOfSubsidiary', window );">Location</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Cayman Islands<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BusinessSegment', window );">Segment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Ultragaz<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DirectControlInterestPercentage', window );">Direct control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IndirectControlInterestPercentage', window );">Indirect control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_ImavenImoveisLtdaMember', window );">Imaven Imoveis Ltda [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Imaven Im&#243;veis Ltda.<span></span>
</td>
<td class="text">Imaven Im&#243;veis Ltda.<span></span>
</td>
<td class="text">Imaven Im&#243;veis Ltda.<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PrincipalPlaceOfBusinessOfSubsidiary', window );">Location</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Brazil<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BusinessSegment', window );">Segment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Others<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DirectControlInterestPercentage', window );">Direct control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IndirectControlInterestPercentage', window );">Indirect control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_ImifarmaProdutosFarmaceuticosCosmeticosMember', window );">Imifarma Produtos Farmaceuticos e Cosmeticos S A [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="text">Imifarma Produtos Farmac&#234;uticos e Cosm&#233;ticos S.A.<span></span>
</td>
<td class="text">Imifarma Produtos Farmac&#234;uticos e Cosm&#233;ticos S.A.<span></span>
</td>
<td class="text">Imifarma Produtos Farmac&#234;uticos e Cosm&#233;ticos S.A.<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PrincipalPlaceOfBusinessOfSubsidiary', window );">Location</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="text">Brazil<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BusinessSegment', window );">Segment</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="text">Extrafarma<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DirectControlInterestPercentage', window );">Direct control</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IndirectControlInterestPercentage', window );">Indirect control</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_UVCInvestimentosLtdaMember', window );">UVC Investimentos Ltda. [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="text">UVC Investimentos Ltda.<span></span>
</td>
<td class="text">UVC Investimentos Ltda.<span></span>
</td>
<td class="text">UVC Investimentos Ltda.<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PrincipalPlaceOfBusinessOfSubsidiary', window );">Location</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="text">Brazil<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BusinessSegment', window );">Segment</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="text">Others<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DirectControlInterestPercentage', window );">Direct control</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IndirectControlInterestPercentage', window );">Indirect control</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="nump">99.00%<span></span>
</td>
<td class="nump">99.00%<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_CentrodeConvenienciasMillenniumLtdaAndSubsidiariesMember', window );">Centro de Conveni&#234;ncias Millennium Ltda. and subsidiaries [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="text">Centro de Conveni&#234;ncias Millennium Ltda. and subsidiaries<span></span>
</td>
<td class="text">Centro de Conveni&#234;ncias Millennium Ltda. and subsidiaries<span></span>
</td>
<td class="text">Centro de Conveni&#234;ncias Millennium Ltda. and subsidiaries<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PrincipalPlaceOfBusinessOfSubsidiary', window );">Location</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="text">Brazil<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BusinessSegment', window );">Segment</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="text">Ipiranga<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DirectControlInterestPercentage', window );">Direct control</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IndirectControlInterestPercentage', window );">Indirect control</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_OxitenoIndustriaComercioMember', window );">Oxiteno S. A. Industria e Comercio [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="text">Oxiteno S.A. Ind&#250;stria e Com&#233;rcio<span></span>
</td>
<td class="text">Oxiteno S.A. Ind&#250;stria e Com&#233;rcio<span></span>
</td>
<td class="text">Oxiteno S.A. Ind&#250;stria e Com&#233;rcio<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PrincipalPlaceOfBusinessOfSubsidiary', window );">Location</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="text">Brazil<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BusinessSegment', window );">Segment</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="text">Oxiteno<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DirectControlInterestPercentage', window );">Direct control</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IndirectControlInterestPercentage', window );">Indirect control</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_OxitenoArgentinaSociedadDeResponsabilidadLtdaMember', window );">Oxiteno Argentina Sociedad de Responsabilidad Ltda [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Oxiteno Argentina Sociedad de Responsabilidad Ltda.<span></span>
</td>
<td class="text">Oxiteno Argentina Sociedad de Responsabilidad Ltda.<span></span>
</td>
<td class="text">Oxiteno Argentina Sociedad de Responsabilidad Ltda.<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PrincipalPlaceOfBusinessOfSubsidiary', window );">Location</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Argentina<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BusinessSegment', window );">Segment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Oxiteno<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DirectControlInterestPercentage', window );">Direct control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IndirectControlInterestPercentage', window );">Indirect control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_OleoqumicaIndustriaeComrcioDeProdutosQumicosLtdaMember', window );">Oleoqu&#237;mica Industriae Com&#233;rcio De Produtos Qu&#237;micos Ltda [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Oleoqu&#237;mica Ind&#250;stria e Com&#233;rcio de Produtos Qu&#237;micos Ltda.<span></span>
</td>
<td class="text">Oleoqu&#237;mica Ind&#250;stria e Com&#233;rcio de Produtos Qu&#237;micos Ltda.<span></span>
</td>
<td class="text">Oleoqu&#237;mica Ind&#250;stria e Com&#233;rcio de Produtos Qu&#237;micos Ltda.<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PrincipalPlaceOfBusinessOfSubsidiary', window );">Location</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Brazil<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BusinessSegment', window );">Segment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Oxiteno<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DirectControlInterestPercentage', window );">Direct control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IndirectControlInterestPercentage', window );">Indirect control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_OxitenoUruguaySAMember', window );">Oxiteno Uruguay SA [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Oxiteno Uruguay S.A.<span></span>
</td>
<td class="text">Oxiteno Uruguay S.A.<span></span>
</td>
<td class="text">Oxiteno Uruguay S.A.<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PrincipalPlaceOfBusinessOfSubsidiary', window );">Location</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Uruguay<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BusinessSegment', window );">Segment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Oxiteno<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DirectControlInterestPercentage', window );">Direct control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IndirectControlInterestPercentage', window );">Indirect control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_OxitenoMexicoSADeCVMember', window );">Oxiteno M&#233;xico S.A de C.V [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Oxiteno M&#233;xico S.A. de C.V.<span></span>
</td>
<td class="text">Oxiteno M&#233;xico S.A. de C.V.<span></span>
</td>
<td class="text">Oxiteno M&#233;xico S.A. de C.V.<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PrincipalPlaceOfBusinessOfSubsidiary', window );">Location</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Mexico<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BusinessSegment', window );">Segment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Oxiteno<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DirectControlInterestPercentage', window );">Direct control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IndirectControlInterestPercentage', window );">Indirect control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_OxitenoServiciosCorporativosSADeCVMember', window );">Oxiteno Servicios Corporativos SA de CV [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Oxiteno Servicios Corporativos S.A. de C.V.<span></span>
</td>
<td class="text">Oxiteno Servicios Corporativos S.A. de C.V.<span></span>
</td>
<td class="text">Oxiteno Servicios Corporativos S.A. de C.V.<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PrincipalPlaceOfBusinessOfSubsidiary', window );">Location</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Mexico<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BusinessSegment', window );">Segment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Oxiteno<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DirectControlInterestPercentage', window );">Direct control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IndirectControlInterestPercentage', window );">Indirect control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_OxitenoServiciosIndustrialsDeCVMember', window );">Oxiteno Servicios Industriales de CV [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Oxiteno Servicios Industriales S.A. de C.V.<span></span>
</td>
<td class="text">Oxiteno Servicios Industriales S.A. de C.V.<span></span>
</td>
<td class="text">Oxiteno Servicios Industriales S.A. de C.V.<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PrincipalPlaceOfBusinessOfSubsidiary', window );">Location</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Mexico<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BusinessSegment', window );">Segment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Oxiteno<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DirectControlInterestPercentage', window );">Direct control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IndirectControlInterestPercentage', window );">Indirect control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_OxitenoUSALLCMember', window );">Oxiteno USA LLC [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Oxiteno USA LLC<span></span>
</td>
<td class="text">Oxiteno USA LLC<span></span>
</td>
<td class="text">Oxiteno USA LLC<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PrincipalPlaceOfBusinessOfSubsidiary', window );">Location</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">United States<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BusinessSegment', window );">Segment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Oxiteno<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DirectControlInterestPercentage', window );">Direct control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IndirectControlInterestPercentage', window );">Indirect control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_GlobalPetroleumProductsTradingCorporationMember', window );">Global petroleum products trading corporation [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Global Petroleum Products Trading Corp.<span></span>
</td>
<td class="text">Global Petroleum Products Trading Corp.<span></span>
</td>
<td class="text">Global Petroleum Products Trading Corp.<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PrincipalPlaceOfBusinessOfSubsidiary', window );">Location</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Virgin Islands<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BusinessSegment', window );">Segment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Oxiteno<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DirectControlInterestPercentage', window );">Direct control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IndirectControlInterestPercentage', window );">Indirect control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_OxitenoEuropeSprlMember', window );">Oxiteno Europe SPRL [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Oxiteno Europe SPRL<span></span>
</td>
<td class="text">Oxiteno Europe SPRL<span></span>
</td>
<td class="text">Oxiteno Europe SPRL<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PrincipalPlaceOfBusinessOfSubsidiary', window );">Location</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Belgium<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BusinessSegment', window );">Segment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Oxiteno<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DirectControlInterestPercentage', window );">Direct control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IndirectControlInterestPercentage', window );">Indirect control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_OxitenoColombiaSASMember', window );">Oxiteno Colombia S A S [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Oxiteno Colombia S.A.S.<span></span>
</td>
<td class="text">Oxiteno Colombia S.A.S.<span></span>
</td>
<td class="text">Oxiteno Colombia S.A.S.<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PrincipalPlaceOfBusinessOfSubsidiary', window );">Location</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Colombia<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BusinessSegment', window );">Segment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Oxiteno<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DirectControlInterestPercentage', window );">Direct control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IndirectControlInterestPercentage', window );">Indirect control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_OxitenoShanghaiLtdMember', window );">Oxiteno Shanghai LTD [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Oxiteno Shanghai LTD.<span></span>
</td>
<td class="text">Oxiteno Shanghai LTD.<span></span>
</td>
<td class="text">Oxiteno Shanghai LTD.<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PrincipalPlaceOfBusinessOfSubsidiary', window );">Location</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">China<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BusinessSegment', window );">Segment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Oxiteno<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DirectControlInterestPercentage', window );">Direct control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IndirectControlInterestPercentage', window );">Indirect control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_EmpresaCariocaDeProdutosQuimicosSAMember', window );">Empresa Carioca de Produtos Quimicos S A [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Empresa Carioca de Produtos Qu&#237;micos S.A.<span></span>
</td>
<td class="text">Empresa Carioca de Produtos Qu&#237;micos S.A.<span></span>
</td>
<td class="text">Empresa Carioca de Produtos Qu&#237;micos S.A.<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PrincipalPlaceOfBusinessOfSubsidiary', window );">Location</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Brazil<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BusinessSegment', window );">Segment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Oxiteno<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DirectControlInterestPercentage', window );">Direct control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IndirectControlInterestPercentage', window );">Indirect control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_UltracargoOperacoesLogisticasParticipacoesLtdaMember', window );">Ultracargo Operacoes Logisticas e Participacoes Ltda [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Ultracargo &#8211; Opera&#231;&#245;es Log&#237;sticas e Participa&#231;&#245;es Ltda.<span></span>
</td>
<td class="text">Ultracargo &#8211; Opera&#231;&#245;es Log&#237;sticas e Participa&#231;&#245;es Ltda.<span></span>
</td>
<td class="text">Ultracargo &#8211; Opera&#231;&#245;es Log&#237;sticas e Participa&#231;&#245;es Ltda.<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PrincipalPlaceOfBusinessOfSubsidiary', window );">Location</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Brazil<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BusinessSegment', window );">Segment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Ultracargo<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DirectControlInterestPercentage', window );">Direct control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IndirectControlInterestPercentage', window );">Indirect control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_UltracargoLogisticaSAMember', window );">Ultracargo Log&#237;stica S.A. [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[7]</sup></td>
<td class="text">Ultracargo Log&#237;stica S.A.Ultracargo Log&#237;stica S.A.<span></span>
</td>
<td class="text">Ultracargo Log&#237;stica S.A.<span></span>
</td>
<td class="text">Ultracargo Log&#237;stica S.A.<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PrincipalPlaceOfBusinessOfSubsidiary', window );">Location</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[7]</sup></td>
<td class="text">Brazil<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BusinessSegment', window );">Segment</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[7]</sup></td>
<td class="text">Ultracargo<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DirectControlInterestPercentage', window );">Direct control</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[7]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IndirectControlInterestPercentage', window );">Indirect control</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[7]</sup></td>
<td class="nump">99.00%<span></span>
</td>
<td class="nump">99.00%<span></span>
</td>
<td class="nump">99.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_TEASTerminalExportadorDeAlcoolDeSantosLtdaMember', window );">TEAS Terminal Exportador de Alcool de Santos Ltda. [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">TEAS &#8211; Terminal Exportador de &#193;lcool de Santos Ltda.<span></span>
</td>
<td class="text">TEAS &#8211; Terminal Exportador de &#193;lcool de Santos Ltda.<span></span>
</td>
<td class="text">TEAS &#8211; Terminal Exportador de &#193;lcool de Santos Ltda.<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PrincipalPlaceOfBusinessOfSubsidiary', window );">Location</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Brazil<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BusinessSegment', window );">Segment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Ultracargo<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DirectControlInterestPercentage', window );">Direct control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IndirectControlInterestPercentage', window );">Indirect control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_TequimarVilaDoCondeLogsticaPorturiaSaMember', window );">Tequimar Vila do Conde Logstica Porturia SA [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Tequimar Vila do Conde Log&#237;stica Portu&#225;ria S.A.<span></span>
</td>
<td class="text">Tequimar Vila do Conde Log&#237;stica Portu&#225;ria S.A.<span></span>
</td>
<td class="text">Tequimar Vila do Conde Log&#237;stica Portu&#225;ria S.A.<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PrincipalPlaceOfBusinessOfSubsidiary', window );">Location</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Brazil<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BusinessSegment', window );">Segment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Ultracargo<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DirectControlInterestPercentage', window );">Direct control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IndirectControlInterestPercentage', window );">Indirect control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_UltraparInternationalSAMember', window );">Ultrapar International S.A. [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Ultrapar International S.A.<span></span>
</td>
<td class="text">Ultrapar International S.A.<span></span>
</td>
<td class="text">Ultrapar International S.A.<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PrincipalPlaceOfBusinessOfSubsidiary', window );">Location</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Luxembourg<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BusinessSegment', window );">Segment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Others<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DirectControlInterestPercentage', window );">Direct control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IndirectControlInterestPercentage', window );">Indirect control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_SermaAssDosUsuariosEquipProcDeDadosMember', window );">SERMA - Ass. dos usu&#225;rios equip. proc. de dados [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">SERMA &#8211; Ass. dos usu&#225;rios equip. proc. de dados<span></span>
</td>
<td class="text">SERMA &#8211; Ass. dos usu&#225;rios equip. proc. de dados<span></span>
</td>
<td class="text">SERMA &#8211; Ass. dos usu&#225;rios equip. proc. de dados<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PrincipalPlaceOfBusinessOfSubsidiary', window );">Location</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Brazil<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BusinessSegment', window );">Segment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Others<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DirectControlInterestPercentage', window );">Direct control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IndirectControlInterestPercentage', window );">Indirect control</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_UVCFundoDeInvestimentoEmParticipacoesMultiestrategiaInvestimenToNoExteriorMember', window );">UVC - Fundo de investimento em participa&#231;&#245;es multiestrat&#233;gia investimento no exterior [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[8]</sup></td>
<td class="text">UVC &#8211; Fundo de investimento em participa&#231;&#245;es multiestrat&#233;gia investimento no exterior<span></span>
</td>
<td class="text">UVC &#8211; Fundo de investimento em participa&#231;&#245;es multiestrat&#233;gia investimento no exterior<span></span>
</td>
<td class="text">UVC &#8211; Fundo de investimento em participa&#231;&#245;es multiestrat&#233;gia investimento no exterior<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PrincipalPlaceOfBusinessOfSubsidiary', window );">Location</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[8]</sup></td>
<td class="text">Brazil<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BusinessSegment', window );">Segment</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[8]</sup></td>
<td class="text">Others<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DirectControlInterestPercentage', window );">Direct control</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[8]</sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IndirectControlInterestPercentage', window );">Indirect control</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[8]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_EaiClubeAutomobilistaSAMember', window );">Ea&#237; Clube Automobilista S.A. [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[9]</sup></td>
<td class="text">Ea&#237; Clube Automobilista S.A.<span></span>
</td>
<td class="text">Ea&#237; Clube Automobilista S.A.<span></span>
</td>
<td class="text">Ea&#237; Clube Automobilista S.A.<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PrincipalPlaceOfBusinessOfSubsidiary', window );">Location</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[9]</sup></td>
<td class="text">Brazil<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BusinessSegment', window );">Segment</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[9]</sup></td>
<td class="text">Abastece a&#237;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DirectControlInterestPercentage', window );">Direct control</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[9]</sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IndirectControlInterestPercentage', window );">Indirect control</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[9]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr><td colspan="4"></td></tr>
<tr><td colspan="4"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top"><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Non-operating company in closing phase.</span></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top"><span style="font-size: 10pt;"><span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">In October 2020 there was a change in the share capital of the company&#160;</span>Uting&#225;s<span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">, which became controlled by&#160;</span>Companhia<span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;</span>Ultragaz<span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;S.A. (&#8220;</span>Cia<span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;</span>Ultragaz<span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#8221;).</span></span></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[3]</td>
<td style="vertical-align: top;" valign="top"><span style="font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">On May 18, 2021 the Company announced the signing of an agreement for the sale of all shares of&#160;Extrafarma&#160;to&#160;Pague&#160;Menos. As of December 31, 2021, the Company reclassified the subsidiary's balances to &#8220;assets and liabilities held for sale&#8221;. For more details, see note <span style="border-left: none; border-right: none;">3</span>.</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">c<span style="border-left: none; border-right: none;">.1</span></span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">.</span></span></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[4]</td>
<td style="vertical-align: top;" valign="top"><span style="letter-spacing: 0px; font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 0px; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Subsidiary set up in January 2020 to provide valuation, business management and financial advisory services to UVC -&#160;Fundo&#160;de&#160;investimento&#160;em&#160;participa&#231;&#245;es&#160;multiestrat&#233;gia&#160;investimento&#160;no exterior&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">(&#8220;UVC &#8211;&#160;Fundo&#160;de&#160;investimento&#8221;)</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">. In September 2020 the Company&#8217;s name was changed to UVC&#160;Investimentos&#160;Ltda&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">(&#8220;UVC&#160;Investimentos&#8221;)</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">.</span></span></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[5]</td>
<td style="vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">In May 2020 there was a change in the interest of the capital of the subsidiary Millennium which became a direct subsidiary of the Company.</span></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[6]</td>
<td style="vertical-align: top;" valign="top"><span style="font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">On August 16, 2021, the Company announced the signing of agreement for the sale of its interest in&#160;Oxiteno&#160;S.A. to&#160;Indorama. As of December 31, 2021, the Company reclassified the subsidiary's balances to &#8220;assets and liabilities held for sale&#8221;. For more details, see Note <span style="border-left: none; border-right: none;">3</span>.c</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"><span style="border-left: none; border-right: none;">.1</span></span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">.</span></span></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[7]</td>
<td style="vertical-align: top;" valign="top"><span style="font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">In April 2021 the name of subsidiary&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Terminal&#160;Qu&#237;mico&#160;de&#160;Aratu&#160;S.A &#8211;&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Tequimar&#160;was changed to&#160;Ultracargo&#160;Log&#237;stica&#160;S.A. (</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#8220;Ultracargo&#160;Log&#237;stica&#8221;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">).</span></span></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[8]</td>
<td style="vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Fund set up on January 2020, the UVC has the purpose to monetize the resources of its shareholders through investment in promising companies in business segments that are complementary to the Company's businesses, with additional benefits such as of startups and new technologies.</span></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[9]</td>
<td style="vertical-align: top;" valign="top"><span style="font-size: 10pt;"><span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Subsidiary set up in July 2020, focused on digital payments and electronic retail, combining the &#8220;</span>abastece<span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;a&#237;&#8221; app and the &#8220;Km de&#160;</span>Vantagens<span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#8221; program.</span></span></td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NameOfSubsidiary">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The name of a subsidiary. [Refer: Subsidiaries [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2021-01-01<br> -Paragraph 17<br> -Subparagraph b<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_17_b_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2021-01-01<br> -Paragraph 16<br> -Subparagraph b<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_16_b_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph 12<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_12_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph 19B<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_19B_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NameOfSubsidiary</td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
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</tr>
</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PrincipalPlaceOfBusinessOfSubsidiary">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The principal place of business of a subsidiary. [Refer: Principal place of business; Subsidiaries [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2021-01-01<br> -Paragraph 16<br> -Subparagraph b<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_16_b_ii&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2021-01-01<br> -Paragraph 17<br> -Subparagraph b<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_17_b_ii&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph 12<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_12_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph 19B<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_19B_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PrincipalPlaceOfBusinessOfSubsidiary</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The name of the segment in wich the subsidiarie is included according to the Entity's consolidation policies.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_BusinessSegment</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Percentage of the Entity's direct control over the subsidiary.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DirectControlInterestPercentage</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_IndirectControlInterestPercentage">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Percentage of the Entity's indirect control over the subsidiary.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_IndirectControlInterestPercentage</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
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<td><strong> Data Type:</strong></td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_IpirangaProdutosdePetroleoSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
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<tr>
<td><strong> Period Type:</strong></td>
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</table></div>
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_AmPmComestveisLtdaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
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</table></div>
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_IcorbanCorrespondenteBancarioLtdaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_IpirangaTradingLimitedMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
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</table></div>
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_TropicalTransportesIpirangaLtdaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
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<tr>
<td><strong> Period Type:</strong></td>
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</table></div>
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_IpirangaImobiliriaLtdaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
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</table></div>
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_IpirangaLogsticaLtdaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_OilTradingImportadoraExportadoraLtdaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
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<tr>
<td><strong> Period Type:</strong></td>
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_IconicLubrificantesSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
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<tr>
<td><strong> Period Type:</strong></td>
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</table></div>
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_IntegraFrotasLtdaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_CompanhiaUltragazMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
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<tr>
<td><strong> Period Type:</strong></td>
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_UltragazComercialLtdaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
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<tr>
<td><strong> Period Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_NovaParanaDistribuidoraDeGasLtdaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
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<tr>
<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_UtingasArmazenadoraMember">
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_UtingasArmazenadoraMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
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</table></div>
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_BahianaDistribuidoraDeGasLtdaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
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</tr>
<tr>
<td><strong> Period Type:</strong></td>
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</table></div>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_LPGInternationalIncMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
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</tr>
</table></div>
</div></td></tr>
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_ImavenImoveisLtdaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_ImifarmaProdutosFarmaceuticosCosmeticosMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
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<tr>
<td><strong> Period Type:</strong></td>
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</table></div>
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_UVCInvestimentosLtdaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
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<tr>
<td><strong> Period Type:</strong></td>
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</table></div>
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_CentrodeConvenienciasMillenniumLtdaAndSubsidiariesMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr>
<td><strong> Data Type:</strong></td>
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_UVCFundoDeInvestimentoEmParticipacoesMultiestrategiaInvestimenToNoExteriorMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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</tr>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_EaiClubeAutomobilistaSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_EaiClubeAutomobilistaSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<tr>
<td><strong> Balance Type:</strong></td>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>115
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<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147279450568">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Cash and Cash Equivalents and Financial Investments - Additional Information (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfCashAndCashEquivalentsAndFinancialInvestmentsAndHedgeDerivativeFinancialInstrumentsAbstract', window );"><strong>Disclosure of Cash and Cash Equivalents and Financial Investments and Hedge Derivative Financial Instruments [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CashCashEquivalentsAndFinancialInvestments', window );">Cash, cash equivalents, and financial investments</a></td>
<td class="nump">R$ 4,463,473<span></span>
</td>
<td class="nump">R$ 8,672,160<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_CashCashEquivalentsAndFinancialInvestments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of cash on hand and demand deposits, along with short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value. [Refer: Cash; Cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_CashCashEquivalentsAndFinancialInvestments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DisclosureOfCashAndCashEquivalentsAndFinancialInvestmentsAndHedgeDerivativeFinancialInstrumentsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DisclosureOfCashAndCashEquivalentsAndFinancialInvestmentsAndHedgeDerivativeFinancialInstrumentsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
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</DOCUMENT>
<DOCUMENT>
<TYPE>XML
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<FILENAME>R87.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
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</head>
<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147276784056">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Cash and Cash Equivalents and Financial Investments - Cash and cash equivalents (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfCashAndCashEquivalentsAndFinancialInvestmentsAndHedgeDerivativeFinancialInstrumentsAbstract', window );"><strong>Disclosure of Cash and Cash Equivalents and Financial Investments and Hedge Derivative Financial Instruments [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CashAndBankDepositsInLocalCurrency', window );">Cash and bank deposits in local currency</a></td>
<td class="nump">R$ 317,907<span></span>
</td>
<td class="nump">R$ 285,306<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CashAndBankDepositsInForeignCurrency', window );">Cash and bank deposits in foreign currency</a></td>
<td class="nump">16,640<span></span>
</td>
<td class="nump">119,775<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_FinancialInvestmentsConsideredCashEquivalentsInLocalCurrency', window );">Fixed-income securities in local currency</a></td>
<td class="nump">1,943,164<span></span>
</td>
<td class="nump">2,241,852<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_FinancialInvestmentsConsideredCashEquivalentsInForeignCurrency', window );">Fixed-income securities in foreign currency</a></td>
<td class="nump">2,363<span></span>
</td>
<td class="nump">14,561<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashAndCashEquivalents', window );">Total cash and cash equivalents</a></td>
<td class="nump">R$ 2,280,074<span></span>
</td>
<td class="nump">R$ 2,661,494<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashAndCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of cash on hand and demand deposits, along with short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value. [Refer: Cash; Cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 45<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B13<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B13_a&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 54<br> -Subparagraph i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_54_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashAndCashEquivalents</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_CashAndBankDepositsInForeignCurrency">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of cash on hand and bank deposits in foreign currency.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_CashAndBankDepositsInForeignCurrency</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_CashAndBankDepositsInLocalCurrency">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of cash on hand and bank deposits in local currency.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_CashAndBankDepositsInLocalCurrency</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
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</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DisclosureOfCashAndCashEquivalentsAndFinancialInvestmentsAndHedgeDerivativeFinancialInstrumentsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DisclosureOfCashAndCashEquivalentsAndFinancialInvestmentsAndHedgeDerivativeFinancialInstrumentsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_FinancialInvestmentsConsideredCashEquivalentsInForeignCurrency">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Investment in foreign currency that provides a return in the form of fixed periodic payments and the eventual return of principal at maturity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_FinancialInvestmentsConsideredCashEquivalentsInForeignCurrency</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_FinancialInvestmentsConsideredCashEquivalentsInLocalCurrency">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Investment in local currency that provides a return in the form of fixed periodic payments and the eventual return of principal at maturity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_FinancialInvestmentsConsideredCashEquivalentsInLocalCurrency</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
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</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>117
<FILENAME>R88.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147283115352">
<tr>
<th class="tl" colspan="2" rowspan="1"><div style="width: 200px;"><strong>Cash and Cash Equivalents and Financial Investments - Financial investments (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfCashAndCashEquivalentsAndFinancialInvestmentsAndHedgeDerivativeFinancialInstrumentsAbstract', window );"><strong>Disclosure of Cash and Cash Equivalents and Financial Investments and Hedge Derivative Financial Instruments [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_FinancialInvestmentsInLocalCurrency', window );">Financial investments in local currency, fixed-income securities and funds</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 1,607,608<span></span>
</td>
<td class="nump">R$ 3,749,852<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_FinancialInvestmentsInForeignCurrency', window );">Financial investments in foreign currency, fixed-income securities and funds</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">103,239<span></span>
</td>
<td class="nump">1,278,940<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CurencyAndInterestRateHedgingInstruments', window );">Currency and interest rate hedging instruments</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">472,552<span></span>
</td>
<td class="nump">981,874<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_FinancialInvestments', window );">Total financial investments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,183,399<span></span>
</td>
<td class="nump">6,010,666<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_FinancialInvestmentsCurrent', window );">Current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,804,122<span></span>
</td>
<td class="nump">5,033,258<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_FinancialInvestmentsNoncurrent', window );">Non-current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 379,277<span></span>
</td>
<td class="nump">R$ 977,408<span></span>
</td>
</tr>
<tr><td colspan="3"></td></tr>
<tr><td colspan="3"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top"><span style="font-family: 'Times New Roman'; font-size: 10pt;">(a) Accumulated gains, net of income tax (see Note 33.i).</span></td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_CurencyAndInterestRateHedgingInstruments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of derivative assets pertaining to currency and interest rate hedging instruments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_CurencyAndInterestRateHedgingInstruments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DisclosureOfCashAndCashEquivalentsAndFinancialInvestmentsAndHedgeDerivativeFinancialInstrumentsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DisclosureOfCashAndCashEquivalentsAndFinancialInvestmentsAndHedgeDerivativeFinancialInstrumentsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_FinancialInvestments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>A financial asset is any asset that is: (a) cash; (b) an equity instrument of another entity; (c) a contractual right: (i) to receive cash or another financial asset from another entity; or (ii) to exchange financial assets or financial liabilities with another entity under conditions that are potentially favorable to the entity; or (d) a contract that will or may be settled in the entity's own equity instruments and is: (i) a non-derivative for which the entity is or may be obliged to receive a variable number of the entity's own equity instruments; or (ii) a derivative that will or may be settled other than by the exchange of a fixed amount of cash or another financial asset for a fixed number of the entity's own equity instruments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_FinancialInvestments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_FinancialInvestmentsCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current financial investments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_FinancialInvestmentsCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_FinancialInvestmentsInForeignCurrency">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Investment in foreign currency that provides a return in the form of fixed periodic payments and the eventual return of principal at maturity. Funds gathers capital from a number of investors to create a pool of money that is then re-invested into assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_FinancialInvestmentsInForeignCurrency</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_FinancialInvestmentsInLocalCurrency">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Investment in local currency that provides a return in the form of fixed periodic payments and the eventual return of principal at maturity. Funds gathers capital from a number of investors to create a pool of money that is then re-invested into assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_FinancialInvestmentsInLocalCurrency</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_FinancialInvestmentsNoncurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current financial investments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_FinancialInvestmentsNoncurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
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<SEQUENCE>118
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<DESCRIPTION>IDEA: XBRL DOCUMENT
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<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147276167224">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Trade Receivables and Reseller Financing - Trade receivables (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfTradeReceivablesLineItems', window );"><strong>Summary of trade receivables [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TradeReceivablesGross', window );">Trade receivables, gross of loss allowance for expected credit losses</a></td>
<td class="nump">R$ 3,813,350<span></span>
</td>
<td class="nump">R$ 3,773,218<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets', window );">Loss allowance for expected credit losses</a></td>
<td class="nump">185,278<span></span>
</td>
<td class="nump">197,011<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentTradeReceivables', window );">Current</a></td>
<td class="nump">3,375,246<span></span>
</td>
<td class="nump">3,318,927<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentTradeReceivables', window );">Non-current</a></td>
<td class="nump">63,749<span></span>
</td>
<td class="nump">72,195<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TradeReceivablesAxis=ifrs-full_TradeReceivablesMember', window );">Trade receivables [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfTradeReceivablesLineItems', window );"><strong>Summary of trade receivables [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets', window );">Loss allowance for expected credit losses</a></td>
<td class="nump">374,355<span></span>
</td>
<td class="nump">382,096<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeReceivables', window );">Trade receivables</a></td>
<td class="nump">3,438,995<span></span>
</td>
<td class="nump">3,391,122<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentTradeReceivables', window );">Current</a></td>
<td class="nump">3,375,246<span></span>
</td>
<td class="nump">3,318,927<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentTradeReceivables', window );">Non-current</a></td>
<td class="nump">63,749<span></span>
</td>
<td class="nump">72,195<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TradeReceivablesAxis=ifrs-full_TradeReceivablesMember', window );">Trade receivables [member] | Domestic customers [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfTradeReceivablesLineItems', window );"><strong>Summary of trade receivables [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TradeReceivablesGross', window );">Trade receivables, gross of loss allowance for expected credit losses</a></td>
<td class="nump">3,805,756<span></span>
</td>
<td class="nump">3,443,641<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TradeReceivablesDueFromRelatedPartiesGross', window );">Related parties</a></td>
<td class="nump">57<span></span>
</td>
<td class="nump">151<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TradeReceivablesAxis=ifrs-full_TradeReceivablesMember', window );">Trade receivables [member] | foreign customers [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfTradeReceivablesLineItems', window );"><strong>Summary of trade receivables [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TradeReceivablesGross', window );">Trade receivables, gross of loss allowance for expected credit losses</a></td>
<td class="nump">3,137<span></span>
</td>
<td class="nump">326,442<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TradeReceivablesDueFromRelatedPartiesGross', window );">Related parties</a></td>
<td class="nump">R$ 4,400<span></span>
</td>
<td class="nump">R$ 2,984<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of an allowance account used to record impairments to financial assets due to credit losses. [Refer: Financial assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2023-01-01<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 16<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2017-en-b&amp;anchor=para_16&amp;doctype=Standard&amp;book=b<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentTradeReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current trade receivables. [Refer: Trade receivables]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 68<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_68&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentTradeReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentTradeReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current trade receivables. [Refer: Trade receivables]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentTradeReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TradeReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount due from customers for goods and services sold.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TradeReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_SummaryOfTradeReceivablesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Summary of trade receivables.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_SummaryOfTradeReceivablesLineItems</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_TradeReceivablesDueFromRelatedPartiesGross">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of trade receivables due from related parties, gross of allowance for doubtful accounts.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_TradeReceivablesDueFromRelatedPartiesGross</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_TradeReceivablesGross">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of trade receivables, gross of allowance for doubtful accounts.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_TradeReceivablesGross</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
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<tr>
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<td>debit</td>
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<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_TradeReceivablesAxis=ifrs-full_TradeReceivablesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_TradeReceivablesAxis=ifrs-full_TradeReceivablesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_MajorCustomersAxis=ugp_DomesticCustomersMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_MajorCustomersAxis=ugp_DomesticCustomersMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_MajorCustomersAxis=ugp_ForeignCustomersMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_MajorCustomersAxis=ugp_ForeignCustomersMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147273760904">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Trade Receivables and Reseller Financing - Summary of of Trade Receivables, Gross of Loss Allowance for Expected Credit Losses (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfTradeReceivablesLineItems', window );"><strong>Summary of trade receivables [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TradeReceivablesGross', window );">Trade receivables, gross of loss allowance for expected credit losses</a></td>
<td class="nump">R$ 3,813,350<span></span>
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<td class="nump">R$ 3,773,218<span></span>
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</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PastDueStatusAxis=ifrs-full_CurrentMember', window );">Current [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfTradeReceivablesLineItems', window );"><strong>Summary of trade receivables [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TradeReceivablesGross', window );">Trade receivables, gross of loss allowance for expected credit losses</a></td>
<td class="nump">3,131,528<span></span>
</td>
<td class="nump">2,963,163<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PastDueStatusAxis=ifrs-full_NotLaterThanOneMonthMember', window );">Less than 30 days [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfTradeReceivablesLineItems', window );"><strong>Summary of trade receivables [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TradeReceivablesGross', window );">Trade receivables, gross of loss allowance for expected credit losses</a></td>
<td class="nump">90,024<span></span>
</td>
<td class="nump">124,606<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PastDueStatusAxis=ifrs-full_LaterThanOneMonthAndNotLaterThanTwoMonthsMember', window );">31 to 60 days [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfTradeReceivablesLineItems', window );"><strong>Summary of trade receivables [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TradeReceivablesGross', window );">Trade receivables, gross of loss allowance for expected credit losses</a></td>
<td class="nump">33,255<span></span>
</td>
<td class="nump">27,970<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PastDueStatusAxis=ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember', window );">61-90&#160;days [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfTradeReceivablesLineItems', window );"><strong>Summary of trade receivables [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TradeReceivablesGross', window );">Trade receivables, gross of loss allowance for expected credit losses</a></td>
<td class="nump">24,804<span></span>
</td>
<td class="nump">21,389<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PastDueStatusAxis=ifrs-full_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember', window );">91-180&#160;days [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfTradeReceivablesLineItems', window );"><strong>Summary of trade receivables [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TradeReceivablesGross', window );">Trade receivables, gross of loss allowance for expected credit losses</a></td>
<td class="nump">23,903<span></span>
</td>
<td class="nump">47,169<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PastDueStatusAxis=ifrs-full_LaterThanSixMonthsMember', window );">More than 180 days [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfTradeReceivablesLineItems', window );"><strong>Summary of trade receivables [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TradeReceivablesGross', window );">Trade receivables, gross of loss allowance for expected credit losses</a></td>
<td class="nump">R$ 509,836<span></span>
</td>
<td class="nump">R$ 588,921<span></span>
</td>
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<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_SummaryOfTradeReceivablesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Summary of trade receivables.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_SummaryOfTradeReceivablesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_TradeReceivablesGross">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of trade receivables, gross of allowance for doubtful accounts.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_TradeReceivablesGross</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PastDueStatusAxis=ifrs-full_CurrentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PastDueStatusAxis=ifrs-full_CurrentMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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</table></div>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PastDueStatusAxis=ifrs-full_NotLaterThanOneMonthMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PastDueStatusAxis=ifrs-full_LaterThanOneMonthAndNotLaterThanTwoMonthsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PastDueStatusAxis=ifrs-full_LaterThanOneMonthAndNotLaterThanTwoMonthsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PastDueStatusAxis=ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PastDueStatusAxis=ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PastDueStatusAxis=ifrs-full_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PastDueStatusAxis=ifrs-full_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PastDueStatusAxis=ifrs-full_LaterThanSixMonthsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PastDueStatusAxis=ifrs-full_LaterThanSixMonthsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
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<td></td>
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<DESCRIPTION>IDEA: XBRL DOCUMENT
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<html>
<head>
<title></title>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147300803592">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Trade Receivables and Reseller Financing - Breakdown of Loss Allowance for Expected Credit Losses (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfTradeReceivablesLineItems', window );"><strong>Summary of trade receivables [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets', window );">Loss allowance for expected credit losses</a></td>
<td class="nump">R$ 185,278<span></span>
</td>
<td class="nump">R$ 197,011<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_TradeReceivablesMember', window );">Trade receivables [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfTradeReceivablesLineItems', window );"><strong>Summary of trade receivables [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets', window );">Loss allowance for expected credit losses</a></td>
<td class="nump">374,355<span></span>
</td>
<td class="nump">382,096<span></span>
</td>
<td class="nump">R$ 404,886<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_TradeReceivablesMember', window );">Trade receivables [member] | Current [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfTradeReceivablesLineItems', window );"><strong>Summary of trade receivables [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets', window );">Loss allowance for expected credit losses</a></td>
<td class="nump">21,962<span></span>
</td>
<td class="nump">21,219<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_TradeReceivablesMember', window );">Trade receivables [member] | Less than 30 days [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfTradeReceivablesLineItems', window );"><strong>Summary of trade receivables [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets', window );">Loss allowance for expected credit losses</a></td>
<td class="nump">1,595<span></span>
</td>
<td class="nump">2,154<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_TradeReceivablesMember', window );">Trade receivables [member] | 31 to 60 days [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfTradeReceivablesLineItems', window );"><strong>Summary of trade receivables [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets', window );">Loss allowance for expected credit losses</a></td>
<td class="nump">3,049<span></span>
</td>
<td class="nump">1,751<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_TradeReceivablesMember', window );">Trade receivables [member] | 61-90&#160;days [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfTradeReceivablesLineItems', window );"><strong>Summary of trade receivables [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets', window );">Loss allowance for expected credit losses</a></td>
<td class="nump">2,761<span></span>
</td>
<td class="nump">2,233<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_TradeReceivablesMember', window );">Trade receivables [member] | 91-180&#160;days [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfTradeReceivablesLineItems', window );"><strong>Summary of trade receivables [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets', window );">Loss allowance for expected credit losses</a></td>
<td class="nump">14,926<span></span>
</td>
<td class="nump">13,378<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_TradeReceivablesMember', window );">Trade receivables [member] | More than 180 days [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfTradeReceivablesLineItems', window );"><strong>Summary of trade receivables [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets', window );">Loss allowance for expected credit losses</a></td>
<td class="nump">R$ 330,062<span></span>
</td>
<td class="nump">R$ 341,361<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of an allowance account used to record impairments to financial assets due to credit losses. [Refer: Financial assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2023-01-01<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 16<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2017-en-b&amp;anchor=para_16&amp;doctype=Standard&amp;book=b<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_SummaryOfTradeReceivablesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Summary of trade receivables.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_SummaryOfTradeReceivablesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_TradeReceivablesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_TradeReceivablesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PastDueStatusAxis=ifrs-full_CurrentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PastDueStatusAxis=ifrs-full_CurrentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PastDueStatusAxis=ifrs-full_NotLaterThanOneMonthMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PastDueStatusAxis=ifrs-full_NotLaterThanOneMonthMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PastDueStatusAxis=ifrs-full_LaterThanOneMonthAndNotLaterThanTwoMonthsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PastDueStatusAxis=ifrs-full_LaterThanOneMonthAndNotLaterThanTwoMonthsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PastDueStatusAxis=ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PastDueStatusAxis=ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PastDueStatusAxis=ifrs-full_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PastDueStatusAxis=ifrs-full_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PastDueStatusAxis=ifrs-full_LaterThanSixMonthsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PastDueStatusAxis=ifrs-full_LaterThanSixMonthsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>121
<FILENAME>R92.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147275950152">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Trade Receivables and Reseller Financing - Summary of Movements in the Allowance for Loss Allowance for Expected Credit Losses (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsLineItems', window );"><strong>Disclosure of financial assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets', window );">Beginning balance</a></td>
<td class="nump">R$ 197,011<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets', window );">Ending balance</a></td>
<td class="nump">185,278<span></span>
</td>
<td class="nump">R$ 197,011<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_TradeReceivablesMember', window );">Trade receivables [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsLineItems', window );"><strong>Disclosure of financial assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets', window );">Beginning balance</a></td>
<td class="nump">382,096<span></span>
</td>
<td class="nump">404,886<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionalAllowanceRecognisedInProfitOrLossAllowanceAccountForCreditLossesOfFinancialAssets', window );">Additions</a></td>
<td class="nump">177,872<span></span>
</td>
<td class="nump">194,220<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReversalAllowanceAccountForCreditLossesOfFinancialAssets', window );">Reversals</a></td>
<td class="num">(150,160)<span></span>
</td>
<td class="num">(203,994)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ImpairmentLossOnFinancialAssets', window );">Write-offs</a></td>
<td class="num">(18,646)<span></span>
</td>
<td class="num">(13,016)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DecreaseThroughClassifiedAsHeldForSaleAllowanceAccountForCreditLossesOfFinancialAssets', window );">Reclassification to assets held for sale</a></td>
<td class="num">(16,807)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets', window );">Ending balance</a></td>
<td class="nump">374,355<span></span>
</td>
<td class="nump">382,096<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=ugp_ResellerFinancingIpirangaMember', window );">Reseller Financing - Ipiranga [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsLineItems', window );"><strong>Disclosure of financial assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets', window );">Beginning balance</a></td>
<td class="nump">197,011<span></span>
</td>
<td class="nump">156,006<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionalAllowanceRecognisedInProfitOrLossAllowanceAccountForCreditLossesOfFinancialAssets', window );">Additions</a></td>
<td class="nump">65,536<span></span>
</td>
<td class="nump">74,745<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReversalAllowanceAccountForCreditLossesOfFinancialAssets', window );">Reversals</a></td>
<td class="num">(68,982)<span></span>
</td>
<td class="num">(29,791)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ImpairmentLossOnFinancialAssets', window );">Write-offs</a></td>
<td class="num">(8,287)<span></span>
</td>
<td class="num">(3,949)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets', window );">Ending balance</a></td>
<td class="nump">R$ 185,278<span></span>
</td>
<td class="nump">R$ 197,011<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdditionalAllowanceRecognisedInProfitOrLossAllowanceAccountForCreditLossesOfFinancialAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of additional allowance for credit losses of financial assets recognised in profit or loss. [Refer: Allowance account for credit losses of financial assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2023-01-01<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 16<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2017-en-b&amp;anchor=para_16&amp;doctype=Standard&amp;book=b<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdditionalAllowanceRecognisedInProfitOrLossAllowanceAccountForCreditLossesOfFinancialAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of an allowance account used to record impairments to financial assets due to credit losses. [Refer: Financial assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2023-01-01<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 16<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2017-en-b&amp;anchor=para_16&amp;doctype=Standard&amp;book=b<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfFinancialAssetsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFinancialAssetsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ImpairmentLossOnFinancialAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of impairment loss on financial assets. [Refer: Financial assets; Impairment loss]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2023-01-01<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 20<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2017-en-b&amp;anchor=para_20_e&amp;doctype=Standard&amp;book=b<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ImpairmentLossOnFinancialAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ReversalAllowanceAccountForCreditLossesOfFinancialAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The decrease in an allowance account for credit losses of financial assets resulting from the reversal of impairment. [Refer: Allowance account for credit losses of financial assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2023-01-01<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 16<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2017-en-b&amp;anchor=para_16&amp;doctype=Standard&amp;book=b<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ReversalAllowanceAccountForCreditLossesOfFinancialAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DecreaseThroughClassifiedAsHeldForSaleAllowanceAccountForCreditLossesOfFinancialAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The decrease in an allowance account for credit losses of financial assets resulting from classification as held for sale or inclusion in a disposal group classified as held for sale.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DecreaseThroughClassifiedAsHeldForSaleAllowanceAccountForCreditLossesOfFinancialAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_TradeReceivablesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_TradeReceivablesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=ugp_ResellerFinancingIpirangaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=ugp_ResellerFinancingIpirangaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>122
<FILENAME>R93.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147277086104">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Trade Receivables and Reseller Financing - Composition of Reseller Financing (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfTradeReceivablesLineItems', window );"><strong>Summary of trade receivables [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ResellerFinancingGross', window );">Reseller financing, gross of loss allowance for expected credit losses</a></td>
<td class="nump">R$ 1,183,312<span></span>
</td>
<td class="nump">R$ 1,165,395<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets', window );">Loss allowance for expected credit losses</a></td>
<td class="num">(185,278)<span></span>
</td>
<td class="num">(197,011)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ResellerFinancing', window );">Reseller financing</a></td>
<td class="nump">998,034<span></span>
</td>
<td class="nump">968,384<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CurrentResellerFinancing', window );">Current</a></td>
<td class="nump">582,562<span></span>
</td>
<td class="nump">549,129<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NonCurrentResellerFinancing', window );">Non-current</a></td>
<td class="nump">415,472<span></span>
</td>
<td class="nump">419,255<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TradeReceivablesAxis=ugp_ResellerFinancingIpirangaMember', window );">Reseller Financing - Ipiranga [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfTradeReceivablesLineItems', window );"><strong>Summary of trade receivables [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ResellerFinancingGross', window );">Reseller financing, gross of loss allowance for expected credit losses</a></td>
<td class="nump">R$ 1,183,312<span></span>
</td>
<td class="nump">R$ 1,165,395<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of an allowance account used to record impairments to financial assets due to credit losses. [Refer: Financial assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2023-01-01<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 16<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2017-en-b&amp;anchor=para_16&amp;doctype=Standard&amp;book=b<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_CurrentResellerFinancing">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current reseller financing.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_CurrentResellerFinancing</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_NonCurrentResellerFinancing">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current reseller financing.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_NonCurrentResellerFinancing</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ResellerFinancing">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of reseller financing current and noncurrent.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ResellerFinancing</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ResellerFinancingGross">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of reseller financing, gross of allowance for doubtful accounts.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ResellerFinancingGross</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_SummaryOfTradeReceivablesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Summary of trade receivables.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_SummaryOfTradeReceivablesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_TradeReceivablesAxis=ugp_ResellerFinancingIpirangaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_TradeReceivablesAxis=ugp_ResellerFinancingIpirangaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>123
<FILENAME>R94.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147277168344">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Trade Receivables and Reseller Financing - Breakdown of Reseller Financing, Gross of Loss Allowance for Expected Credit Losses (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfTradeReceivablesLineItems', window );"><strong>Summary of trade receivables [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ResellerFinancingGross', window );">Reseller financing, gross of loss allowance for expected credit losses</a></td>
<td class="nump">R$ 1,183,312<span></span>
</td>
<td class="nump">R$ 1,165,395<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PastDueStatusAxis=ifrs-full_CurrentMember', window );">Current [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfTradeReceivablesLineItems', window );"><strong>Summary of trade receivables [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ResellerFinancingGross', window );">Reseller financing, gross of loss allowance for expected credit losses</a></td>
<td class="nump">770,008<span></span>
</td>
<td class="nump">787,904<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PastDueStatusAxis=ifrs-full_NotLaterThanOneMonthMember', window );">Less than 30 days [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfTradeReceivablesLineItems', window );"><strong>Summary of trade receivables [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ResellerFinancingGross', window );">Reseller financing, gross of loss allowance for expected credit losses</a></td>
<td class="nump">19,260<span></span>
</td>
<td class="nump">10,230<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PastDueStatusAxis=ifrs-full_LaterThanOneMonthAndNotLaterThanTwoMonthsMember', window );">31 to 60 days [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfTradeReceivablesLineItems', window );"><strong>Summary of trade receivables [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ResellerFinancingGross', window );">Reseller financing, gross of loss allowance for expected credit losses</a></td>
<td class="nump">24,290<span></span>
</td>
<td class="nump">15,237<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PastDueStatusAxis=ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember', window );">61-90&#160;days [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfTradeReceivablesLineItems', window );"><strong>Summary of trade receivables [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ResellerFinancingGross', window );">Reseller financing, gross of loss allowance for expected credit losses</a></td>
<td class="nump">14,373<span></span>
</td>
<td class="nump">21,200<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PastDueStatusAxis=ifrs-full_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember', window );">91-180&#160;days [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfTradeReceivablesLineItems', window );"><strong>Summary of trade receivables [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ResellerFinancingGross', window );">Reseller financing, gross of loss allowance for expected credit losses</a></td>
<td class="nump">26,685<span></span>
</td>
<td class="nump">28,989<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PastDueStatusAxis=ifrs-full_LaterThanSixMonthsMember', window );">More than 180 days [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfTradeReceivablesLineItems', window );"><strong>Summary of trade receivables [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ResellerFinancingGross', window );">Reseller financing, gross of loss allowance for expected credit losses</a></td>
<td class="nump">R$ 328,696<span></span>
</td>
<td class="nump">R$ 301,835<span></span>
</td>
</tr>
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<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ResellerFinancingGross">
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of reseller financing, gross of allowance for doubtful accounts.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ResellerFinancingGross</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Summary of trade receivables.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<html>
<head>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147275731832">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Trade Receivables and Reseller Financing - Breakdown of Expected Losses on Doubtful Accounts (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfTradeReceivablesLineItems', window );"><strong>Summary of trade receivables [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets', window );">Loss allowance for expected credit losses</a></td>
<td class="nump">R$ 185,278<span></span>
</td>
<td class="nump">R$ 197,011<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=ugp_ResellerFinancingIpirangaMember', window );">Reseller Financing - Ipiranga [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfTradeReceivablesLineItems', window );"><strong>Summary of trade receivables [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets', window );">Loss allowance for expected credit losses</a></td>
<td class="nump">185,278<span></span>
</td>
<td class="nump">197,011<span></span>
</td>
<td class="nump">R$ 156,006<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=ugp_ResellerFinancingIpirangaMember', window );">Reseller Financing - Ipiranga [member] | Current [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfTradeReceivablesLineItems', window );"><strong>Summary of trade receivables [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets', window );">Loss allowance for expected credit losses</a></td>
<td class="nump">1,514<span></span>
</td>
<td class="nump">22,872<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=ugp_ResellerFinancingIpirangaMember', window );">Reseller Financing - Ipiranga [member] | Less than 30 days [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfTradeReceivablesLineItems', window );"><strong>Summary of trade receivables [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets', window );">Loss allowance for expected credit losses</a></td>
<td class="nump">6,410<span></span>
</td>
<td class="nump">785<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=ugp_ResellerFinancingIpirangaMember', window );">Reseller Financing - Ipiranga [member] | 31 to 60 days [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfTradeReceivablesLineItems', window );"><strong>Summary of trade receivables [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets', window );">Loss allowance for expected credit losses</a></td>
<td class="nump">8,697<span></span>
</td>
<td class="nump">1,812<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=ugp_ResellerFinancingIpirangaMember', window );">Reseller Financing - Ipiranga [member] | 61-90&#160;days [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfTradeReceivablesLineItems', window );"><strong>Summary of trade receivables [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets', window );">Loss allowance for expected credit losses</a></td>
<td class="nump">6,255<span></span>
</td>
<td class="nump">2,397<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=ugp_ResellerFinancingIpirangaMember', window );">Reseller Financing - Ipiranga [member] | 91-180&#160;days [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfTradeReceivablesLineItems', window );"><strong>Summary of trade receivables [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets', window );">Loss allowance for expected credit losses</a></td>
<td class="nump">9,892<span></span>
</td>
<td class="nump">14,684<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=ugp_ResellerFinancingIpirangaMember', window );">Reseller Financing - Ipiranga [member] | More than 180 days [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfTradeReceivablesLineItems', window );"><strong>Summary of trade receivables [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets', window );">Loss allowance for expected credit losses</a></td>
<td class="nump">R$ 152,510<span></span>
</td>
<td class="nump">R$ 154,461<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of an allowance account used to record impairments to financial assets due to credit losses. [Refer: Financial assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2023-01-01<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 16<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2017-en-b&amp;anchor=para_16&amp;doctype=Standard&amp;book=b<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_SummaryOfTradeReceivablesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Summary of trade receivables.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_SummaryOfTradeReceivablesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=ugp_ResellerFinancingIpirangaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=ugp_ResellerFinancingIpirangaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PastDueStatusAxis=ifrs-full_CurrentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PastDueStatusAxis=ifrs-full_CurrentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PastDueStatusAxis=ifrs-full_NotLaterThanOneMonthMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PastDueStatusAxis=ifrs-full_NotLaterThanOneMonthMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PastDueStatusAxis=ifrs-full_LaterThanOneMonthAndNotLaterThanTwoMonthsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PastDueStatusAxis=ifrs-full_LaterThanOneMonthAndNotLaterThanTwoMonthsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PastDueStatusAxis=ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PastDueStatusAxis=ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PastDueStatusAxis=ifrs-full_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PastDueStatusAxis=ifrs-full_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PastDueStatusAxis=ifrs-full_LaterThanSixMonthsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PastDueStatusAxis=ifrs-full_LaterThanSixMonthsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>125
<FILENAME>R96.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147274089192">
<tr>
<th class="tl" colspan="2" rowspan="1"><div style="width: 200px;"><strong>Inventories - Composition of Inventories (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfInventoriesLineItems', window );"><strong>Summary of inventories [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_InventoriesCost', window );">Cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 3,931,850<span></span>
</td>
<td class="nump">R$ 3,887,189<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ProvisionForLossesInventories', window );">Provision for losses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(13,078)<span></span>
</td>
<td class="num">(40,993)<span></span>
</td>
<td class="num">R$ (40,724)<span></span>
</td>
<td class="num">R$ (42,587)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Inventories', window );">Net balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,918,772<span></span>
</td>
<td class="nump">3,846,196<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_InventoriesAxis=ugp_FuelsLubricantsAndGreasesMember', window );">Fuels Lubricants and Greases [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfInventoriesLineItems', window );"><strong>Summary of inventories [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_InventoriesCost', window );">Cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,042,932<span></span>
</td>
<td class="nump">1,682,841<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ProvisionForLossesInventories', window );">Provision for losses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(4,871)<span></span>
</td>
<td class="num">(5,344)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Inventories', window );">Net balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,038,061<span></span>
</td>
<td class="nump">1,677,497<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_InventoriesAxis=ugp_FinishedGoodsMember', window );">Finished goods [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfInventoriesLineItems', window );"><strong>Summary of inventories [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_InventoriesCost', window );">Cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="nump">646,180<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ProvisionForLossesInventories', window );">Provision for losses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="num">(22,281)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Inventories', window );">Net balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="nump">623,899<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_InventoriesAxis=ugp_WorkInProcessMember', window );">Work in process [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfInventoriesLineItems', window );"><strong>Summary of inventories [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_InventoriesCost', window );">Cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="nump">1,450<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ProvisionForLossesInventories', window );">Provision for losses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Inventories', window );">Net balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="nump">1,450<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_InventoriesAxis=ugp_RawMaterialsMember', window );">Raw Materials [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfInventoriesLineItems', window );"><strong>Summary of inventories [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_InventoriesCost', window );">Cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">293,242<span></span>
</td>
<td class="nump">568,185<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ProvisionForLossesInventories', window );">Provision for losses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="num">(1,827)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Inventories', window );">Net balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">293,242<span></span>
</td>
<td class="nump">566,358<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_InventoriesAxis=ugp_LiquifiedPetroleumGasMember', window );">Liquified petroleum gas [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfInventoriesLineItems', window );"><strong>Summary of inventories [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_InventoriesCost', window );">Cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">151,831<span></span>
</td>
<td class="nump">110,767<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ProvisionForLossesInventories', window );">Provision for losses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(5,761)<span></span>
</td>
<td class="num">(5,761)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Inventories', window );">Net balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">146,070<span></span>
</td>
<td class="nump">105,006<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_InventoriesAxis=ugp_ConsumableMaterialsAndOtherItemsForResaleMember', window );">Consumable Materials and Other Items for Resale [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfInventoriesLineItems', window );"><strong>Summary of inventories [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_InventoriesCost', window );">Cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">117,150<span></span>
</td>
<td class="nump">129,559<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ProvisionForLossesInventories', window );">Provision for losses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,875)<span></span>
</td>
<td class="num">(2,598)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Inventories', window );">Net balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">115,275<span></span>
</td>
<td class="nump">126,961<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_InventoriesAxis=ugp_PharmaceuticalHygieneBeautyProductsMember', window );">Pharmaceutical hygiene beauty products [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfInventoriesLineItems', window );"><strong>Summary of inventories [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_InventoriesCost', window );">Cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="nump">521,689<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ProvisionForLossesInventories', window );">Provision for losses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="num">(2,611)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Inventories', window );">Net balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="nump">519,078<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_InventoriesAxis=ugp_PurchaseForFutureDeliveryMember', window );">Purchase for Future Delivery [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfInventoriesLineItems', window );"><strong>Summary of inventories [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_InventoriesCost', window );">Cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">302,456<span></span>
</td>
<td class="nump">198,986<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ProvisionForLossesInventories', window );">Provision for losses</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(464)<span></span>
</td>
<td class="num">(464)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Inventories', window );">Net balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">301,992<span></span>
</td>
<td class="nump">198,522<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_InventoriesAxis=ugp_PropertiesForResaleMember', window );">Properties for resale [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfInventoriesLineItems', window );"><strong>Summary of inventories [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_InventoriesCost', window );">Cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">24,239<span></span>
</td>
<td class="nump">27,532<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ProvisionForLossesInventories', window );">Provision for losses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(107)<span></span>
</td>
<td class="num">(107)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Inventories', window );">Net balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 24,132<span></span>
</td>
<td class="nump">R$ 27,425<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr><td colspan="5"></td></tr>
<tr><td colspan="5"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top"><span style="font-family: 'Times New Roman';"> Refers </span><span style="font-family: 'Times New Roman';">substantially </span><span style="font-family: 'Times New Roman';">to </span><span style="font-family: 'Times New Roman';">ethanol, biodiesel</span><span style="font-family: 'Times New Roman';"> and advances for fuel acquisition.</span></td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Inventories">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current inventories. [Refer: Inventories]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 2<br> -IssueDate 2021-01-01<br> -Paragraph 36<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=2&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_36_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 54<br> -Subparagraph g<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_54_g&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 68<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_68&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Inventories</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_InventoriesCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cost of inventories shall comprise all costs of purchase, costs of conversion and other costs incurred in bringing the inventories to their present location and condition.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_InventoriesCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ProvisionForLossesInventories">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of accumulated provision for losses of inventories.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ProvisionForLossesInventories</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_SummaryOfInventoriesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Summary of inventories.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_SummaryOfInventoriesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_InventoriesAxis=ugp_FuelsLubricantsAndGreasesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_InventoriesAxis=ugp_FuelsLubricantsAndGreasesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_InventoriesAxis=ugp_FinishedGoodsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_InventoriesAxis=ugp_FinishedGoodsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_InventoriesAxis=ugp_WorkInProcessMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_InventoriesAxis=ugp_WorkInProcessMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_InventoriesAxis=ugp_RawMaterialsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_InventoriesAxis=ugp_RawMaterialsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_InventoriesAxis=ugp_LiquifiedPetroleumGasMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_InventoriesAxis=ugp_LiquifiedPetroleumGasMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_InventoriesAxis=ugp_ConsumableMaterialsAndOtherItemsForResaleMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_InventoriesAxis=ugp_ConsumableMaterialsAndOtherItemsForResaleMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_InventoriesAxis=ugp_PharmaceuticalHygieneBeautyProductsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_InventoriesAxis=ugp_PharmaceuticalHygieneBeautyProductsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_InventoriesAxis=ugp_PurchaseForFutureDeliveryMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_InventoriesAxis=ugp_PurchaseForFutureDeliveryMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_InventoriesAxis=ugp_PropertiesForResaleMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_InventoriesAxis=ugp_PropertiesForResaleMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>126
<FILENAME>R97.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147270424856">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Inventories - Movements in the Provision for Losses (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfInventoriesAbstract', window );"><strong>Classes of current inventories [abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ProvisionForLossesInventories', window );">Provisions for losses, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 40,993<span></span>
</td>
<td class="nump">R$ 40,724<span></span>
</td>
<td class="nump">R$ 42,587<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DecreaseThroughReversalsToNetRealizableValueAdjustmentProvisionsForLossesInventories', window );">Reversals to net realizable value adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(5,174)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdditionsToNetRealizableValueAdjustment', window );">Additions to net realizable value adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">5,974<span></span>
</td>
<td class="nump">2,245<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdditionsToObsolescenceAndOtherLosses', window );">Additions of obsolescence and other losses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">4,296<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ReversalsOfObsolescenceAndOtherLosses', window );">Reversals of obsolescence and other losses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(5,184)<span></span>
</td>
<td class="num">(1,976)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_WritedownsReversalsOfInventories', window );">Oxiteno Andina</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(985)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DecreaseThroughClassifiedAsHeldForSaleProvisionForLossesInventories', window );">Reclassification to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(28,705)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ProvisionForLossesInventories', window );">Provisions for losses, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 13,078<span></span>
</td>
<td class="nump">R$ 40,993<span></span>
</td>
<td class="nump">R$ 40,724<span></span>
</td>
</tr>
<tr><td colspan="4"></td></tr>
<tr><td colspan="4"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top"><span style="font-family: 'Times New Roman';"> Refers to the asset write-offs of Oxiteno Andina in 2019</span><span style="font-family: 'Times New Roman';">.</span></td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfInventoriesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfInventoriesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_WritedownsReversalsOfInventories">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount recognised resulting from the write-down of inventories to net realisable value or reversals of those write-downs. [Refer: Inventories]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 98<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_98_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_WritedownsReversalsOfInventories</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AdditionsToNetRealizableValueAdjustment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Additions (reversals) to net realizable value adjustment regarding provision for loss on the value of inventories.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AdditionsToNetRealizableValueAdjustment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AdditionsToObsolescenceAndOtherLosses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Additions to obsolescence and other losses.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AdditionsToObsolescenceAndOtherLosses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DecreaseThroughClassifiedAsHeldForSaleProvisionForLossesInventories">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The decrease in provisions for losses of inventories resulting from classification as held for sale or inclusion in a disposal group classified as held for sale.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DecreaseThroughClassifiedAsHeldForSaleProvisionForLossesInventories</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DecreaseThroughReversalsToNetRealizableValueAdjustmentProvisionsForLossesInventories">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The decrease in provisions for losses of inventories resulting from reversals to net realizable value adjustment.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DecreaseThroughReversalsToNetRealizableValueAdjustmentProvisionsForLossesInventories</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ProvisionForLossesInventories">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of accumulated provision for losses of inventories.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ProvisionForLossesInventories</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ReversalsOfObsolescenceAndOtherLosses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Reversals of obsolescence and other losses regarding provision for loss on the value of inventories.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ReversalsOfObsolescenceAndOtherLosses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>127
<FILENAME>R98.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147282396248">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Inventories - Breakdown of Provision for Losses Related to Inventories (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfInventoriesAbstract', window );"><strong>Classes of current inventories [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NetRealizableValueAdjustment', window );">Net realizable value adjustment</a></td>
<td class="nump">R$ 8,269<span></span>
</td>
<td class="nump">R$ 17,488<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ObsolescenceAndOtherLosses', window );">Obsolescence and other losses</a></td>
<td class="nump">4,809<span></span>
</td>
<td class="nump">23,505<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ProvisionForLossesInventories', window );">Total</a></td>
<td class="nump">R$ 13,078<span></span>
</td>
<td class="nump">R$ 40,993<span></span>
</td>
<td class="nump">R$ 40,724<span></span>
</td>
<td class="nump">R$ 42,587<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfInventoriesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfInventoriesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_NetRealizableValueAdjustment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Net realizable value adjustment on the value of inventories.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_NetRealizableValueAdjustment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ObsolescenceAndOtherLosses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Obsolescence and other losses on the value of inventories.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ObsolescenceAndOtherLosses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ProvisionForLossesInventories">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of accumulated provision for losses of inventories.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ProvisionForLossesInventories</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>128
<FILENAME>R99.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147273468104">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Taxes to Recover - Summary of Recoverable Taxes (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfRecoverableTaxesLineItems', window );"><strong>Summary of recoverable taxes [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReceivablesFromTaxesOtherThanIncomeTax', window );">Recoverable taxes</a></td>
<td class="nump">R$ 2,108,025<span></span>
</td>
<td class="nump">R$ 2,519,658<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax', window );">Current</a></td>
<td class="nump">1,061,227<span></span>
</td>
<td class="nump">1,044,850<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax', window );">Non-current</a></td>
<td class="nump">1,046,798<span></span>
</td>
<td class="nump">1,474,808<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TaxesAxis=ugp_ICMSMember', window );">ICMS [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfRecoverableTaxesLineItems', window );"><strong>Summary of recoverable taxes [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReceivablesFromTaxesOtherThanIncomeTax', window );">Recoverable taxes</a></td>
<td class="nump">893,206<span></span>
</td>
<td class="nump">1,129,325<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TaxesAxis=ugp_PisAndCofinsMember', window );">PIS and COFINS [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfRecoverableTaxesLineItems', window );"><strong>Summary of recoverable taxes [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReceivablesFromTaxesOtherThanIncomeTax', window );">Recoverable taxes</a></td>
<td class="nump">1,177,513<span></span>
</td>
<td class="nump">1,297,029<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TaxesAxis=ugp_ValueAddedTaxIvaOfForeignSubsidiariesMember', window );">Value-Added Tax (IVA) of foreign subsidiaries [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfRecoverableTaxesLineItems', window );"><strong>Summary of recoverable taxes [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReceivablesFromTaxesOtherThanIncomeTax', window );">Recoverable taxes</a></td>
<td class="nump">179<span></span>
</td>
<td class="nump">35,600<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TaxesAxis=ugp_OtherTaxesReceivableMember', window );">Other Taxes Receivable [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfRecoverableTaxesLineItems', window );"><strong>Summary of recoverable taxes [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReceivablesFromTaxesOtherThanIncomeTax', window );">Recoverable taxes</a></td>
<td class="nump">R$ 37,127<span></span>
</td>
<td class="nump">R$ 57,704<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current receivables from taxes other than income tax. [Refer: Receivables from taxes other than income tax]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current receivables from taxes other than income tax. [Refer: Receivables from taxes other than income tax]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ReceivablesFromTaxesOtherThanIncomeTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of receivables from taxes other than income tax. Income taxes include all domestic and foreign taxes that are based on taxable profits. Income taxes also include taxes, such as withholding taxes, that are payable by a subsidiary, associate or joint arrangement on distributions to the reporting entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ReceivablesFromTaxesOtherThanIncomeTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_SummaryOfRecoverableTaxesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Summary of recoverable taxes.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_SummaryOfRecoverableTaxesLineItems</td>
</tr>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_TaxesAxis=ugp_ICMSMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_TaxesAxis=ugp_ICMSMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<td><strong> Period Type:</strong></td>
<td></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_TaxesAxis=ugp_PisAndCofinsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_TaxesAxis=ugp_PisAndCofinsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_TaxesAxis=ugp_ValueAddedTaxIvaOfForeignSubsidiariesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_TaxesAxis=ugp_ValueAddedTaxIvaOfForeignSubsidiariesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_TaxesAxis=ugp_OtherTaxesReceivableMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_TaxesAxis=ugp_OtherTaxesReceivableMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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</div>
</body>
</html>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>129
<FILENAME>R100.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147279390376">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Taxes to Recover - Summary of estimated recovery of ICMS assets (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfEstimatedRecoveryOfIcmsAssetsLineItems', window );"><strong>Disclosure Of Estimated Recovery Of ICMS Assets [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReceivablesFromTaxesOtherThanIncomeTax', window );">Estimated recovery of ICMS assets</a></td>
<td class="nump">R$ 2,108,025<span></span>
</td>
<td class="nump">R$ 2,519,658<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TaxesAxis=ugp_ICMSMember', window );">ICMS [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfEstimatedRecoveryOfIcmsAssetsLineItems', window );"><strong>Disclosure Of Estimated Recovery Of ICMS Assets [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReceivablesFromTaxesOtherThanIncomeTax', window );">Estimated recovery of ICMS assets</a></td>
<td class="nump">R$ 893,206<span></span>
</td>
<td class="nump">R$ 1,129,325<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ReceivablesFromTaxesOtherThanIncomeTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of receivables from taxes other than income tax. Income taxes include all domestic and foreign taxes that are based on taxable profits. Income taxes also include taxes, such as withholding taxes, that are payable by a subsidiary, associate or joint arrangement on distributions to the reporting entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ReceivablesFromTaxesOtherThanIncomeTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
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</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DisclosureOfEstimatedRecoveryOfIcmsAssetsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure Of Estimated Recovery Of ICMS Assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DisclosureOfEstimatedRecoveryOfIcmsAssetsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
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<td>xbrli:stringItemType</td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_TaxesAxis=ugp_ICMSMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_TaxesAxis=ugp_ICMSMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>130
<FILENAME>R101.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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</head>
<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147275824056">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Taxes to Recover - Summary of estimated recovery of PIS and COFINS credit (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfEstimatedRecoveryOfIcmsAssetsLineItems', window );"><strong>Disclosure Of Estimated Recovery Of ICMS Assets [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReceivablesFromTaxesOtherThanIncomeTax', window );">Estimated recovery of PIS and COFINS credits</a></td>
<td class="nump">R$ 2,108,025<span></span>
</td>
<td class="nump">R$ 2,519,658<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TaxesAxis=ugp_PisAndCofinsMember', window );">PIS and COFINS [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfEstimatedRecoveryOfIcmsAssetsLineItems', window );"><strong>Disclosure Of Estimated Recovery Of ICMS Assets [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReceivablesFromTaxesOtherThanIncomeTax', window );">Estimated recovery of PIS and COFINS credits</a></td>
<td class="nump">R$ 1,177,513<span></span>
</td>
<td class="nump">R$ 1,297,029<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ReceivablesFromTaxesOtherThanIncomeTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of receivables from taxes other than income tax. Income taxes include all domestic and foreign taxes that are based on taxable profits. Income taxes also include taxes, such as withholding taxes, that are payable by a subsidiary, associate or joint arrangement on distributions to the reporting entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ReceivablesFromTaxesOtherThanIncomeTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DisclosureOfEstimatedRecoveryOfIcmsAssetsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure Of Estimated Recovery Of ICMS Assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DisclosureOfEstimatedRecoveryOfIcmsAssetsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_TaxesAxis=ugp_PisAndCofinsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_TaxesAxis=ugp_PisAndCofinsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>131
<FILENAME>R102.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
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</head>
<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147283269672">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Taxes to Recover - Summary of Recoverable Income Tax and Social Contribution Taxes (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesLineItems', window );"><strong>Disclosure Of Recoverable Income Tax and Social Contribution Taxes [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentTaxAssetsCurrent', window );">Current</a></td>
<td class="nump">R$ 291,833<span></span>
</td>
<td class="nump">R$ 366,080<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentTaxAssetsNoncurrent', window );">Non-current</a></td>
<td class="nump">155,358<span></span>
</td>
<td class="nump">261,205<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TaxesAxis=ugp_IrpjandcsllMember', window );">IRPJ and CSLL [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesLineItems', window );"><strong>Disclosure Of Recoverable Income Tax and Social Contribution Taxes [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentTaxAssets', window );">Recoverable and social contribution taxes</a></td>
<td class="nump">447,191<span></span>
</td>
<td class="nump">627,285<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentTaxAssetsCurrent', window );">Current</a></td>
<td class="nump">291,833<span></span>
</td>
<td class="nump">366,080<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentTaxAssetsNoncurrent', window );">Non-current</a></td>
<td class="nump">R$ 155,358<span></span>
</td>
<td class="nump">R$ 261,205<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentTaxAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The excess of amount paid for current tax in respect of current and prior periods over the amount due for those periods. Current tax is the amount of income taxes payable (recoverable) in respect of the taxable profit (tax loss) for a period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 54<br> -Subparagraph n<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_54_n&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentTaxAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentTaxAssetsCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The current amount of current tax assets. [Refer: Current tax assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 54<br> -Subparagraph n<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_54_n&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentTaxAssetsCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentTaxAssetsNoncurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The non-current amount of current tax assets. [Refer: Current tax assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 54<br> -Subparagraph n<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_54_n&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentTaxAssetsNoncurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure Of Recoverable Income Tax and Social Contribution Taxes [line items]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_TaxesAxis=ugp_IrpjandcsllMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_TaxesAxis=ugp_IrpjandcsllMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>132
<FILENAME>R103.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147274128744">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Taxes to Recover - Additional Information (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesLineItems', window );"><strong>Disclosure Of Recoverable Income Tax and Social Contribution Taxes [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReceivablesFromTaxesOtherThanIncomeTax', window );">Recoverable taxes</a></td>
<td class="nump">R$ 2,108,025<span></span>
</td>
<td class="nump">R$ 2,519,658<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ReceivablesFromTaxesOtherThanIncomeTaxPrincipalAmountReceived', window );">Receivables from taxes other than income tax, principal amount received</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">66,415<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TaxesAxis=ugp_IrpjAndCsll1Member', window );">IRPJ and CSLL [member] | Top of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesLineItems', window );"><strong>Disclosure Of Recoverable Income Tax and Social Contribution Taxes [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_RealizationOfTaxCreditPeriod', window );">Realization of tax credit period</a></td>
<td class="text">5 years<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TaxesAxis=ugp_ICMSMember', window );">ICMS [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesLineItems', window );"><strong>Disclosure Of Recoverable Income Tax and Social Contribution Taxes [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReceivablesFromTaxesOtherThanIncomeTax', window );">Recoverable taxes</a></td>
<td class="nump">R$ 893,206<span></span>
</td>
<td class="nump">1,129,325<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TaxesAxis=ugp_ICMSMember', window );">ICMS [member] | Top of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesLineItems', window );"><strong>Disclosure Of Recoverable Income Tax and Social Contribution Taxes [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_RealizationOfTaxCreditPeriod', window );">Realization of tax credit period</a></td>
<td class="text">5 years<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TaxesAxis=ugp_PisAndCofinsMember', window );">PIS and COFINS [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesLineItems', window );"><strong>Disclosure Of Recoverable Income Tax and Social Contribution Taxes [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReceivablesFromTaxesOtherThanIncomeTax', window );">Recoverable taxes</a></td>
<td class="nump">R$ 1,177,513<span></span>
</td>
<td class="nump">1,297,029<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_SubsidiariesGroupOneMember', window );">Subsidiaries Oxiteno S.A., Empresa Carioca de Produtos Qu&#237;micos S.A. (&#8220;EMCA&#8221;) e Oleoqu&#237;mica Ind&#250;stria e Com&#233;rcio de Produtos Qu&#237;micos Ltda. (&#8220;Oleoqu&#237;mica&#8221;) [member] | ICMS [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesLineItems', window );"><strong>Disclosure Of Recoverable Income Tax and Social Contribution Taxes [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReceivablesFromTaxesOtherThanIncomeTax', window );">Recoverable taxes</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">195,037<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_SubsidiariesGroupTwoMember', window );">Subsidiaries Ipiranga Produtos de Petr&#243;leo S.A. (&#8220;IPP&#8221;), Bahiana Distribuidora de G&#225;s Ltda. (&#8220;Bahiana&#8221;), Cia. Ultragaz, AMPM, Iconic Lubrificantes S.A. (&#8220;Iconic&#8221;) [member] | ICMS [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesLineItems', window );"><strong>Disclosure Of Recoverable Income Tax and Social Contribution Taxes [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReceivablesFromTaxesOtherThanIncomeTax', window );">Recoverable taxes</a></td>
<td class="nump">893,206<span></span>
</td>
<td class="nump">754,882<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_SubsidiariesGroupThreeMember', window );">Subsidiary Extrafarma [member] | ICMS [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesLineItems', window );"><strong>Disclosure Of Recoverable Income Tax and Social Contribution Taxes [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReceivablesFromTaxesOtherThanIncomeTax', window );">Recoverable taxes</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">179,405<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ReceivablesFromTaxesOtherThanIncomeTaxReclassifiedToAssetsHeldForSaleNetOfProvisionForImpairmentLosses', window );">Recoverable taxes reclassified to assets held for sale, net of provision for impairment losses</a></td>
<td class="nump">19,015<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_SubsidiariesGroupFourMember', window );">Subsidiaries Ipiranga Produtos de Petr&#243;leo S.A. (&#8220;IPP&#8221;), Tropical Transportes Ipiranga Ltda (&#8220;Tropical&#8221;), AMPM, Iconic and Ultragaz [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesLineItems', window );"><strong>Disclosure Of Recoverable Income Tax and Social Contribution Taxes [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReceivablesFromTaxesOtherThanIncomeTax', window );">Recoverable taxes</a></td>
<td class="nump">570,140<span></span>
</td>
<td class="nump">645,978<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_SubsidiariesGroupFourMember', window );">Subsidiaries Ipiranga Produtos de Petr&#243;leo S.A. (&#8220;IPP&#8221;), Tropical Transportes Ipiranga Ltda (&#8220;Tropical&#8221;), AMPM, Iconic and Ultragaz [member] | PIS and COFINS [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesLineItems', window );"><strong>Disclosure Of Recoverable Income Tax and Social Contribution Taxes [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ReceivablesFromTaxesOtherThanIncomeTaxReclassifiedToAssetsHeldForSaleNetOfProvisionForImpairmentLosses', window );">Recoverable taxes reclassified to assets held for sale, net of provision for impairment losses</a></td>
<td class="nump">R$ 275,813<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_SubsidiariesGroupFourMember', window );">Subsidiaries Ipiranga Produtos de Petr&#243;leo S.A. (&#8220;IPP&#8221;), Tropical Transportes Ipiranga Ltda (&#8220;Tropical&#8221;), AMPM, Iconic and Ultragaz [member] | PIS and COFINS [member] | Top of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesLineItems', window );"><strong>Disclosure Of Recoverable Income Tax and Social Contribution Taxes [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_RealizationOfTaxCreditPeriod', window );">Realization of tax credit period</a></td>
<td class="text">3 years<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_BrazilianFederalRevenueServiceMember', window );">Brazilian Federal Revenue Service [member] | PIS and COFINS [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesLineItems', window );"><strong>Disclosure Of Recoverable Income Tax and Social Contribution Taxes [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReceivablesFromTaxesOtherThanIncomeTax', window );">Recoverable taxes</a></td>
<td class="nump">R$ 607,373<span></span>
</td>
<td class="nump">651,051<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ReceivablesFromTaxesOtherThanIncomeTaxReclassifiedToAssetsHeldForSaleNetOfProvisionForImpairmentLosses', window );">Recoverable taxes reclassified to assets held for sale, net of provision for impairment losses</a></td>
<td class="nump">R$ 93,108<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_BrazilianFederalRevenueServiceMember', window );">Brazilian Federal Revenue Service [member] | PIS and COFINS [member] | Top of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesLineItems', window );"><strong>Disclosure Of Recoverable Income Tax and Social Contribution Taxes [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_RealizationOfTaxCreditPeriod', window );">Realization of tax credit period</a></td>
<td class="text">2 years<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ifrs-full_SubsidiariesMember', window );">Subsidiaries [member] | ICMS [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesLineItems', window );"><strong>Disclosure Of Recoverable Income Tax and Social Contribution Taxes [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ReceivablesFromTaxesOtherThanIncomeTaxProvisionForImpairmentLosses', window );">Provision for tax losses</a></td>
<td class="nump">R$ 48,502<span></span>
</td>
<td class="nump">52,338<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ifrs-full_SubsidiariesMember', window );">Subsidiaries [member] | PIS and COFINS [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesLineItems', window );"><strong>Disclosure Of Recoverable Income Tax and Social Contribution Taxes [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TaxCreditsReceivedForReceivablesFromTaxesOtherThanIncomeTax', window );">Tax credits received for recoverable taxes</a></td>
<td class="nump">569,212<span></span>
</td>
<td class="nump">154,225<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ReceivablesFromTaxesOtherThanIncomeTaxPrincipalAmountReceived', window );">Receivables from taxes other than income tax, principal amount received</a></td>
<td class="nump">279,598<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ReceivablesFromTaxesOtherThanIncomeTaxMonetaryVariationAmountReceived', window );">Receivables from taxes other than income tax, monetary variation amount received</a></td>
<td class="nump">R$ 289,614<span></span>
</td>
<td class="nump">R$ 87,810<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ReceivablesFromTaxesOtherThanIncomeTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of receivables from taxes other than income tax. Income taxes include all domestic and foreign taxes that are based on taxable profits. Income taxes also include taxes, such as withholding taxes, that are payable by a subsidiary, associate or joint arrangement on distributions to the reporting entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ReceivablesFromTaxesOtherThanIncomeTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure Of Recoverable Income Tax and Social Contribution Taxes [line items]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_RealizationOfTaxCreditPeriod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of realization period of tax credit.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_RealizationOfTaxCreditPeriod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ReceivablesFromTaxesOtherThanIncomeTaxMonetaryVariationAmountReceived">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The monetary variation amount of receivables from taxes other than income tax, received as tax credits.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ReceivablesFromTaxesOtherThanIncomeTaxMonetaryVariationAmountReceived</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ReceivablesFromTaxesOtherThanIncomeTaxPrincipalAmountReceived">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The principal amount of receivables from taxes other than income tax, received as tax credits.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ReceivablesFromTaxesOtherThanIncomeTaxPrincipalAmountReceived</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ReceivablesFromTaxesOtherThanIncomeTaxProvisionForImpairmentLosses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of provision for impairment losses for receivables from taxes other than income tax.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ReceivablesFromTaxesOtherThanIncomeTaxProvisionForImpairmentLosses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ReceivablesFromTaxesOtherThanIncomeTaxReclassifiedToAssetsHeldForSaleNetOfProvisionForImpairmentLosses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of receivables from taxes other than income tax reclassified to assets held for sale, net of provision for impairment losses.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ReceivablesFromTaxesOtherThanIncomeTaxReclassifiedToAssetsHeldForSaleNetOfProvisionForImpairmentLosses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_TaxCreditsReceivedForReceivablesFromTaxesOtherThanIncomeTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of tax credits received for receivables from taxes other than income tax.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_TaxCreditsReceivedForReceivablesFromTaxesOtherThanIncomeTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_TaxesAxis=ugp_IrpjAndCsll1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_TaxesAxis=ugp_IrpjAndCsll1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_TaxesAxis=ugp_ICMSMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_TaxesAxis=ugp_ICMSMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_TaxesAxis=ugp_PisAndCofinsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_TaxesAxis=ugp_PisAndCofinsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_SubsidiariesGroupOneMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_SubsidiariesGroupOneMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_SubsidiariesGroupTwoMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_SubsidiariesGroupTwoMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_SubsidiariesGroupThreeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_SubsidiariesGroupThreeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_SubsidiariesGroupFourMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_SubsidiariesGroupFourMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_BrazilianFederalRevenueServiceMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_BrazilianFederalRevenueServiceMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ifrs-full_SubsidiariesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ifrs-full_SubsidiariesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>133
<FILENAME>R104.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147272631032">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Related Parties - Summary of Subsidiaries and Other Related Parties (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="5">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th" colspan="2"><div>Dec. 31, 2020</div></th>
<th class="th" colspan="2"><div>Dec. 31, 2019</div></th>
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<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
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<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherReceivablesDueFromRelatedParties', window );">Loans assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 490<span></span>
</td>
<td class="nump">R$ 2,824<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherPayablesToRelatedParties', window );">Loans liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,534<span></span>
</td>
<td class="nump">3,711<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountsReceivableRelatedPartyTransactions', window );">Receivables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">4,457<span></span>
</td>
<td class="nump">3,135<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 3,915<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_RightOfUseAssetsRelatedPartyTransactions', window );">Right-of-use assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">8,635<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountsPayableRelatedPartyTransactions', window );">Payables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">303,517<span></span>
</td>
<td class="nump">193,124<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">289,988<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LeasesPayableRelatedPartyTransactions', window );">Leases payable</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">8,044<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CommercialTransactionsOtherPayables', window );">Commercial transactions other payables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">298<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CommercialTransactionsSalesAndServices', window );">Commercial transactions, sales and services</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">28,080<span></span>
</td>
<td class="nump">3,533<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">7,920<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions', window );">Commercial transactions purchases</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,568,707<span></span>
</td>
<td class="nump">697,060<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,363,482<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CommercialTransactionsExpenses', window );">Expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,613<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,477<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_QuimicaDaBahiaIndustriaEcomercioMember', window );">Quimica da Bahia Industria e Comercio S.A. [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherReceivablesDueFromRelatedParties', window );">Loans assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherPayablesToRelatedParties', window );">Loans liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,875<span></span>
</td>
<td class="nump">2,875<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_RouteasyServicosDeAssessoriaLogisticaLtdaMember', window );">Routeasy Servi&#231;os de Assessoria Log&#237;stica Ltda. [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherReceivablesDueFromRelatedParties', window );">Loans assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2,334<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherPayablesToRelatedParties', window );">Loans liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=ifrs-full_OtherRelatedPartiesMember', window );">Others [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherReceivablesDueFromRelatedParties', window );">Loans assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">490<span></span>
</td>
<td class="nump">490<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherPayablesToRelatedParties', window );">Loans liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">659<span></span>
</td>
<td class="nump">836<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_OxicapIndustriaDeGasesMember', window );">Oxicap Industria de Gases [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountsReceivableRelatedPartyTransactions', window );">Receivables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_RightOfUseAssetsRelatedPartyTransactions', window );">Right-of-use assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountsPayableRelatedPartyTransactions', window );">Payables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,772<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,545<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LeasesPayableRelatedPartyTransactions', window );">Leases payable</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CommercialTransactionsOtherPayables', window );">Commercial transactions other payables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CommercialTransactionsSalesAndServices', window );">Commercial transactions, sales and services</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">471<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions', window );">Commercial transactions purchases</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">19,077<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">18,565<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CommercialTransactionsExpenses', window );">Expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_RefinariaDePetroleoRigrandenseMember', window );">Refinaria De Petroleo Rigrandense [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountsReceivableRelatedPartyTransactions', window );">Receivables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_RightOfUseAssetsRelatedPartyTransactions', window );">Right-of-use assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountsPayableRelatedPartyTransactions', window );">Payables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">90,761<span></span>
</td>
<td class="nump">65,215<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">264,602<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LeasesPayableRelatedPartyTransactions', window );">Leases payable</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CommercialTransactionsOtherPayables', window );">Commercial transactions other payables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CommercialTransactionsSalesAndServices', window );">Commercial transactions, sales and services</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions', window );">Commercial transactions purchases</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">619,785<span></span>
</td>
<td class="nump">314,587<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,019,108<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CommercialTransactionsExpenses', window );">Expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_UniaoVopakArmazensGeraisLtdaMember', window );">Uni&#227;o Vopak Armaz&#233;ns Gerais Ltda. [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountsReceivableRelatedPartyTransactions', window );">Receivables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">57<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountsPayableRelatedPartyTransactions', window );">Payables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CommercialTransactionsSalesAndServices', window );">Commercial transactions, sales and services</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,402<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions', window );">Commercial transactions purchases</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_ConectCarSolucoesDeMobilidadeEletronicaMember', window );">ConectCar Solucoes de Mobilidade Eletronica [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountsReceivableRelatedPartyTransactions', window );">Receivables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">151<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">739<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_RightOfUseAssetsRelatedPartyTransactions', window );">Right-of-use assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountsPayableRelatedPartyTransactions', window );">Payables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">104<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">113<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LeasesPayableRelatedPartyTransactions', window );">Leases payable</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CommercialTransactionsOtherPayables', window );">Commercial transactions other payables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CommercialTransactionsSalesAndServices', window );">Commercial transactions, sales and services</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">3,062<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">7,385<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions', window );">Commercial transactions purchases</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">154<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">121<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CommercialTransactionsExpenses', window );">Expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_LA7ParticipaesEEmpreendImobLtdaMember', window );">LA'7 Participaes e Empreend. Imob. Ltda. [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountsReceivableRelatedPartyTransactions', window );">Receivables</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_RightOfUseAssetsRelatedPartyTransactions', window );">Right-of-use assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[4]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">8,635<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountsPayableRelatedPartyTransactions', window );">Payables</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">124<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LeasesPayableRelatedPartyTransactions', window );">Leases payable</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[4]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">8,044<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CommercialTransactionsOtherPayables', window );">Commercial transactions other payables</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CommercialTransactionsSalesAndServices', window );">Commercial transactions, sales and services</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions', window );">Commercial transactions purchases</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CommercialTransactionsExpenses', window );">Expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,613<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,477<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_ChevronThailandLimitedMember', window );">Chevron (Thailand) Limited [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountsReceivableRelatedPartyTransactions', window );">Receivables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">204<span></span>
</td>
<td class="nump">166<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,333<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_RightOfUseAssetsRelatedPartyTransactions', window );">Right-of-use assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountsPayableRelatedPartyTransactions', window );">Payables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">6<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">5,177<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LeasesPayableRelatedPartyTransactions', window );">Leases payable</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CommercialTransactionsOtherPayables', window );">Commercial transactions other payables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CommercialTransactionsSalesAndServices', window );">Commercial transactions, sales and services</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">675<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions', window );">Commercial transactions purchases</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,072<span></span>
</td>
<td class="nump">759<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">90,912<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CommercialTransactionsExpenses', window );">Expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_ChevronBrasilOleosBasicosLtdaMember', window );">Chevron Brasil Oleos Basicos LTDA [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountsReceivableRelatedPartyTransactions', window );">Receivables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_RightOfUseAssetsRelatedPartyTransactions', window );">Right-of-use assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountsPayableRelatedPartyTransactions', window );">Payables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">6<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LeasesPayableRelatedPartyTransactions', window );">Leases payable</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CommercialTransactionsOtherPayables', window );">Commercial transactions other payables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">6<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CommercialTransactionsSalesAndServices', window );">Commercial transactions, sales and services</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions', window );">Commercial transactions purchases</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">6,336<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CommercialTransactionsExpenses', window );">Expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_ChevronLatinAmericaMarketingLlcMember', window );">Chevron Latin America Marketing LLC [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountsReceivableRelatedPartyTransactions', window );">Receivables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">118<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">86<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_RightOfUseAssetsRelatedPartyTransactions', window );">Right-of-use assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountsPayableRelatedPartyTransactions', window );">Payables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">6<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LeasesPayableRelatedPartyTransactions', window );">Leases payable</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CommercialTransactionsOtherPayables', window );">Commercial transactions other payables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CommercialTransactionsSalesAndServices', window );">Commercial transactions, sales and services</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">13<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions', window );">Commercial transactions purchases</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">506<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CommercialTransactionsExpenses', window );">Expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_ChevronLubricantsLankaPlcMember', window );">Chevron Lubricants Lanka PLC [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountsReceivableRelatedPartyTransactions', window );">Receivables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">3<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_RightOfUseAssetsRelatedPartyTransactions', window );">Right-of-use assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountsPayableRelatedPartyTransactions', window );">Payables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LeasesPayableRelatedPartyTransactions', window );">Leases payable</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CommercialTransactionsOtherPayables', window );">Commercial transactions other payables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">285<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CommercialTransactionsSalesAndServices', window );">Commercial transactions, sales and services</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">164<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions', window );">Commercial transactions purchases</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CommercialTransactionsExpenses', window );">Expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_ChevronLubricantsOilsSAMember', window );">Chevron Lubricants Oils S.A. [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountsReceivableRelatedPartyTransactions', window );">Receivables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">319<span></span>
</td>
<td class="nump">823<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">58<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_RightOfUseAssetsRelatedPartyTransactions', window );">Right-of-use assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountsPayableRelatedPartyTransactions', window );">Payables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LeasesPayableRelatedPartyTransactions', window );">Leases payable</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CommercialTransactionsOtherPayables', window );">Commercial transactions other payables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CommercialTransactionsSalesAndServices', window );">Commercial transactions, sales and services</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">786<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">42<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions', window );">Commercial transactions purchases</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CommercialTransactionsExpenses', window );">Expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_ChevronMarineProductsMember', window );">Chevron Marine Products [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountsReceivableRelatedPartyTransactions', window );">Receivables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,663<span></span>
</td>
<td class="nump">1,873<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">506<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_RightOfUseAssetsRelatedPartyTransactions', window );">Right-of-use assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountsPayableRelatedPartyTransactions', window );">Payables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LeasesPayableRelatedPartyTransactions', window );">Leases payable</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CommercialTransactionsOtherPayables', window );">Commercial transactions other payables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CommercialTransactionsSalesAndServices', window );">Commercial transactions, sales and services</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">24,583<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">104<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions', window );">Commercial transactions purchases</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CommercialTransactionsExpenses', window );">Expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_ChevronOroniteBrasilLtdaMember', window );">Chevron Oronite Brasil LTDA. [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountsReceivableRelatedPartyTransactions', window );">Receivables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,193<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_RightOfUseAssetsRelatedPartyTransactions', window );">Right-of-use assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountsPayableRelatedPartyTransactions', window );">Payables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">53,378<span></span>
</td>
<td class="nump">37,482<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LeasesPayableRelatedPartyTransactions', window );">Leases payable</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CommercialTransactionsOtherPayables', window );">Commercial transactions other payables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CommercialTransactionsSalesAndServices', window );">Commercial transactions, sales and services</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">78<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">345<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions', window );">Commercial transactions purchases</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">150,878<span></span>
</td>
<td class="nump">108,198<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CommercialTransactionsExpenses', window );">Expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_ChevronProductsCompanyMember', window );">Chevron Products Company [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountsReceivableRelatedPartyTransactions', window );">Receivables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_RightOfUseAssetsRelatedPartyTransactions', window );">Right-of-use assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountsPayableRelatedPartyTransactions', window );">Payables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">158,557<span></span>
</td>
<td class="nump">87,754<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">16,302<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LeasesPayableRelatedPartyTransactions', window );">Leases payable</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CommercialTransactionsOtherPayables', window );">Commercial transactions other payables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CommercialTransactionsSalesAndServices', window );">Commercial transactions, sales and services</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions', window );">Commercial transactions purchases</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">789,452<span></span>
</td>
<td class="nump">247,578<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">212,915<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CommercialTransactionsExpenses', window );">Expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_ChevronBelgiumNvMember', window );">Chevron Belgium NV [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountsReceivableRelatedPartyTransactions', window );">Receivables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_RightOfUseAssetsRelatedPartyTransactions', window );">Right-of-use assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountsPayableRelatedPartyTransactions', window );">Payables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">821<span></span>
</td>
<td class="nump">785<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,119<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LeasesPayableRelatedPartyTransactions', window );">Leases payable</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CommercialTransactionsOtherPayables', window );">Commercial transactions other payables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CommercialTransactionsSalesAndServices', window );">Commercial transactions, sales and services</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions', window );">Commercial transactions purchases</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">7,520<span></span>
</td>
<td class="nump">6,707<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">15,019<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CommercialTransactionsExpenses', window );">Expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_ChevronPetroleumCoColombiaMember', window );">Chevron Petroleum CO Colombia [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountsReceivableRelatedPartyTransactions', window );">Receivables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">214<span></span>
</td>
<td class="nump">1<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_RightOfUseAssetsRelatedPartyTransactions', window );">Right-of-use assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountsPayableRelatedPartyTransactions', window );">Payables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LeasesPayableRelatedPartyTransactions', window );">Leases payable</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CommercialTransactionsOtherPayables', window );">Commercial transactions other payables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">7<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CommercialTransactionsSalesAndServices', window );">Commercial transactions, sales and services</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">392<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">30<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions', window );">Commercial transactions purchases</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CommercialTransactionsExpenses', window );">Expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr><td colspan="6"></td></tr>
<tr><td colspan="6"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Included in &#8220;right-of-use assets&#8221; and &#8220;leases payable&#8221;, respectively.</span></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Loans contracted have indefinite terms and do not contain remuneration clauses.</span></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[3]</td>
<td style="vertical-align: top;" valign="top"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">The loan contracted ha</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">s</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"> a term of 36 months</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">,</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"> can be extended by mutual agreement between the parties</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">,</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"> being remunerated by the DI plus 3% p.a.</span></span></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[4]</td>
<td style="vertical-align: top;" valign="top"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Refers to rental contracts of 15 drugstores owned by LA&#8217;7 as of December 31, 2020, a company of the former shareholders of </span>Extrafarma<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"> that are current shareholders of </span>Ultrapar<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">.</span></span></td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AmountsPayableRelatedPartyTransactions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amounts payable resulting from related party transactions. [Refer: Related parties [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 24<br> -IssueDate 2021-01-01<br> -Paragraph 20<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=24&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_20&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 24<br> -IssueDate 2021-01-01<br> -Paragraph 18<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=24&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_18_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AmountsPayableRelatedPartyTransactions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AmountsReceivableRelatedPartyTransactions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amounts receivable resulting from related party transactions. [Refer: Related parties [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 24<br> -IssueDate 2021-01-01<br> -Paragraph 20<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=24&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_20&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 24<br> -IssueDate 2021-01-01<br> -Paragraph 18<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=24&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_18_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AmountsReceivableRelatedPartyTransactions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of goods purchased by the entity in related party transactions. [Refer: Related parties [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 24<br> -IssueDate 2021-01-01<br> -Paragraph 21<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=24&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_21_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PurchasesOfGoodsRelatedPartyTransactions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TradeAndOtherPayablesToRelatedParties">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of payables due to related parties. [Refer: Related parties [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TradeAndOtherPayablesToRelatedParties</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TradeAndOtherReceivablesDueFromRelatedParties">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of receivables due from related parties. [Refer: Related parties [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TradeAndOtherReceivablesDueFromRelatedParties</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_CommercialTransactionsExpenses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of commercial transactions expenses arising from related party transactions.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_CommercialTransactionsExpenses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_CommercialTransactionsOtherPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of Commercial transactions Other payables.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_CommercialTransactionsOtherPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_CommercialTransactionsSalesAndServices">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of Commercial transactions, sales and services.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_CommercialTransactionsSalesAndServices</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_LeasesPayableRelatedPartyTransactions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of leases payable resulting from related party transactions.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_LeasesPayableRelatedPartyTransactions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_RightOfUseAssetsRelatedPartyTransactions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of right-of-use assets resulting from related party transactions.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_RightOfUseAssetsRelatedPartyTransactions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_QuimicaDaBahiaIndustriaEcomercioMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_QuimicaDaBahiaIndustriaEcomercioMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_RouteasyServicosDeAssessoriaLogisticaLtdaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_RouteasyServicosDeAssessoriaLogisticaLtdaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=ifrs-full_OtherRelatedPartiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=ifrs-full_OtherRelatedPartiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_OxicapIndustriaDeGasesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_OxicapIndustriaDeGasesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_RefinariaDePetroleoRigrandenseMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_RefinariaDePetroleoRigrandenseMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_UniaoVopakArmazensGeraisLtdaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_UniaoVopakArmazensGeraisLtdaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_ConectCarSolucoesDeMobilidadeEletronicaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_ConectCarSolucoesDeMobilidadeEletronicaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_LA7ParticipaesEEmpreendImobLtdaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_LA7ParticipaesEEmpreendImobLtdaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_ChevronThailandLimitedMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_ChevronThailandLimitedMember</td>
</tr>
<tr>
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_ChevronBrasilOleosBasicosLtdaMember</td>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147277205560">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Related Parties - Summary of Subsidiaries and Other Related Parties (Parenthetical) (Detail)<br></strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
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<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_RouteasyServicosDeAssessoriaLogisticaLtdaMember', window );">Routeasy Servi&#231;os de Assessoria Log&#237;stica Ltda. [member]</a></td>
<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="text">36 months<span></span>
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<td class="text">&#160;<span></span>
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<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Borrowings, interest rate basis</a></td>
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<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NumberOfDrugstoresUnderRentalContracts', window );">Number of drugstores under rental contracts</a></td>
<td class="text">&#160;<span></span>
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<td class="nump">15<span></span>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The basis (reference rate) used for calculation of the interest rate on borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 7<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The period of loans receivable contracted from related parties.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Number of drugstores under rental contracts.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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</div></td></tr>
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</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>135
<FILENAME>R106.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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</head>
<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147301006968">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Related Parties - Summary of Expenses for Compensation of Its Key Executives (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract', window );"><strong>Disclosure of transactions between related parties [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits', window );">Short-term compensation</a></td>
<td class="nump">R$ 47,003<span></span>
</td>
<td class="nump">R$ 47,936<span></span>
</td>
<td class="nump">R$ 41,659<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_KeyManagementPersonnelCompensationSharebasedPayment', window );">Stock compensation</a></td>
<td class="nump">15,778<span></span>
</td>
<td class="nump">4,786<span></span>
</td>
<td class="nump">9,881<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_KeyManagementPersonnelCompensationPostemploymentBenefits', window );">Post-employment benefits</a></td>
<td class="nump">2,737<span></span>
</td>
<td class="nump">2,866<span></span>
</td>
<td class="nump">2,640<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_KeyManagementPersonnelCompensationTerminationBenefits', window );">Termination benefit</a></td>
<td class="nump">5,637<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_KeyManagementPersonnelCompensation', window );">Total</a></td>
<td class="nump">R$ 71,155<span></span>
</td>
<td class="nump">R$ 55,588<span></span>
</td>
<td class="nump">R$ 54,180<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_KeyManagementPersonnelCompensation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of compensation to key management personnel. [Refer: Key management personnel of entity or parent [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 24<br> -IssueDate 2021-01-01<br> -Paragraph 17<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=24&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_17&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_KeyManagementPersonnelCompensation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_KeyManagementPersonnelCompensationPostemploymentBenefits">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of compensation to key management personnel in the form of post-employment benefits. [Refer: Key management personnel of entity or parent [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 24<br> -IssueDate 2021-01-01<br> -Paragraph 17<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=24&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_17_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_KeyManagementPersonnelCompensationPostemploymentBenefits</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_KeyManagementPersonnelCompensationSharebasedPayment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of compensation to key management personnel in the form of share-based payments. [Refer: Key management personnel of entity or parent [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 24<br> -IssueDate 2021-01-01<br> -Paragraph 17<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=24&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_17_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_KeyManagementPersonnelCompensationSharebasedPayment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of compensation to key management personnel in the form of short-term employee benefits. [Refer: Key management personnel of entity or parent [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 24<br> -IssueDate 2021-01-01<br> -Paragraph 17<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=24&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_17_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_KeyManagementPersonnelCompensationTerminationBenefits">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of compensation to key management personnel in the form of termination benefits. [Refer: Termination benefits expense; Key management personnel of entity or parent [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 24<br> -IssueDate 2021-01-01<br> -Paragraph 17<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=24&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_17_d&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_KeyManagementPersonnelCompensationTerminationBenefits</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>136
<FILENAME>R107.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147276740328">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Related Parties - Additional Information (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Apr. 19, 2017</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ProvisionForExpectedLossesOnAccountsReceivableOrGuarantees', window );">Provision for expected losses on accounts receivable or guarantees</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SharesReservedForIssueUnderOptionsAndContractsForSaleOfShares', window );">Common shares approved as incentive ownership plan</a></td>
<td class="nump">11,128,102<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">General and administrative expense</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,466,551<span></span>
</td>
<td class="nump">R$ 993,986<span></span>
</td>
<td class="nump">R$ 1,219,450<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SharebasedPaymentPlanNameAxis=ugp_DeferredStockUnitPlanMember', window );">Deferred stock plan [member] | Management</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmortizationReversalOfAmortizationOfShareBasedPlansRecognizedAsGeneralAndAdministrativeExpense', window );">Amortization (reversal of amortization) of share based plans recognized as general and administrative</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,902<span></span>
</td>
<td class="num">(64)<span></span>
</td>
<td class="nump">8,502<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ParticipationPercentageOfShareCapital', window );">Percentage of Common shares may deliver to participants to company's share capital</a></td>
<td class="nump">1.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SharebasedPaymentPlanNameAxis=ugp_DeferredStockUnitPlanMember', window );">Deferred stock plan [member] | Management | Discontinued operations [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmortizationReversalOfAmortizationOfShareBasedPlansRecognizedAsGeneralAndAdministrativeExpense', window );">Amortization (reversal of amortization) of share based plans recognized as general and administrative</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,325<span></span>
</td>
<td class="nump">2,296<span></span>
</td>
<td class="nump">1,819<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SharebasedPaymentPlanNameAxis=ugp_RestrictedAndPerformanceStockMember', window );">Restricted and Performance Stock [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">General and administrative expense</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">24,067<span></span>
</td>
<td class="nump">10,440<span></span>
</td>
<td class="nump">10,674<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SharebasedPaymentPlanNameAxis=ugp_RestrictedAndPerformanceStockMember', window );">Restricted and Performance Stock [member] | Discontinued operations [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">General and administrative expense</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 4,283<span></span>
</td>
<td class="nump">R$ 2,224<span></span>
</td>
<td class="nump">R$ 2,219<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember', window );">Bottom of range [member] | Management</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_PeriodOfTransfterOfOwnershipShares', window );">Period of transfter of ownership shares</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">3 years<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember', window );">Bottom of range [member] | Deferred stock plan [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_PeriodOfAmortizationFromGrantDate', window );">Period of amortization from grant date</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">5 years<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember', window );">Top of range [member] | Management</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_PeriodOfTransfterOfOwnershipShares', window );">Period of transfter of ownership shares</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">6 years<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember', window );">Top of range [member] | Deferred stock plan [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_PeriodOfAmortizationFromGrantDate', window );">Period of amortization from grant date</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">7 years<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeneralAndAdministrativeExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expense relating to general and administrative activities of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeneralAndAdministrativeExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SharesReservedForIssueUnderOptionsAndContractsForSaleOfShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of shares reserved for issue under options and contracts for the sale of shares.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 79<br> -Subparagraph a<br> -Clause vii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_79_a_vii&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SharesReservedForIssueUnderOptionsAndContractsForSaleOfShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AmortizationReversalOfAmortizationOfShareBasedPlansRecognizedAsGeneralAndAdministrativeExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of amortization (reversal of amortization) of share based plans recognized as general and administrative expense from related party transactions.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AmortizationReversalOfAmortizationOfShareBasedPlansRecognizedAsGeneralAndAdministrativeExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ParticipationPercentageOfShareCapital">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The participation percentage of reporting entity's share capital.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ParticipationPercentageOfShareCapital</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_PeriodOfAmortizationFromGrantDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The period of amortization from grant date of share based plans.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_PeriodOfAmortizationFromGrantDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_PeriodOfTransfterOfOwnershipShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The transfter period term of ownership shares.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_PeriodOfTransfterOfOwnershipShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ProvisionForExpectedLossesOnAccountsReceivableOrGuarantees">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of provision for expected losses on accounts receivable or guarantees are recorded by the reporting entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ProvisionForExpectedLossesOnAccountsReceivableOrGuarantees</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_SharebasedPaymentPlanNameAxis=ugp_DeferredStockUnitPlanMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_SharebasedPaymentPlanNameAxis=ugp_DeferredStockUnitPlanMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=ifrs-full_KeyManagementPersonnelOfEntityOrParentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=ifrs-full_KeyManagementPersonnelOfEntityOrParentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ContinuingAndDiscontinuedOperationsAxis=ifrs-full_DiscontinuedOperationsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ContinuingAndDiscontinuedOperationsAxis=ifrs-full_DiscontinuedOperationsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_SharebasedPaymentPlanNameAxis=ugp_RestrictedAndPerformanceStockMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_SharebasedPaymentPlanNameAxis=ugp_RestrictedAndPerformanceStockMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>137
<FILENAME>R108.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147270444072">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Related Parties - Summary of Shares granted (Detail)<br> R$ / shares in Units, R$ in Thousands</strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th">
<div>Dec. 31, 2021 </div>
<div>BRL (R$) </div>
<div>shares </div>
<div>R$ / shares</div>
</th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted', window );">Balance of number of shares granted | shares</a></td>
<td class="nump">4,415,294<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets', window );">Total grant costs, including taxes</a></td>
<td class="nump">R$ 118,364<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AccumulatedRecognizedGrantCosts', window );">Accumulated recognized grant costs</a></td>
<td class="num">(50,603)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AccumulatedUnrecognizedGrantCosts', window );">Accumulated unrecognized grant costs</a></td>
<td class="nump">R$ 67,761<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=ifrs-full_KeyManagementPersonnelOfEntityOrParentMember', window );">Management</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted', window );">Balance of number of shares granted | shares</a></td>
<td class="nump">133,332<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets', window );">Total grant costs, including taxes</a></td>
<td class="nump">R$ 34,581<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AccumulatedRecognizedGrantCosts', window );">Accumulated recognized grant costs</a></td>
<td class="num">(33,996)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AccumulatedUnrecognizedGrantCosts', window );">Accumulated unrecognized grant costs</a></td>
<td class="nump">R$ 585<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SharebasedPaymentPlanNameAxis=ugp_DeferredStockUnitPlanMember', window );">Deferred stock plan [member] | Grant Date March 4 2016 [member] | Management</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DateOfGrantOfSharebasedPaymentArrangement', window );">Grant date</a></td>
<td class="text">March 4, 2016<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted', window );">Balance of number of shares granted | shares</a></td>
<td class="nump">133,332<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfVestingRequirementsForSharebasedPaymentArrangement', window );">Vesting period</a></td>
<td class="text">2022 to 2023<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019', window );">Market price of shares on the grant date | R$ / shares</a></td>
<td class="nump">R$ 32.72<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets', window );">Total grant costs, including taxes</a></td>
<td class="nump">R$ 9,025<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AccumulatedRecognizedGrantCosts', window );">Accumulated recognized grant costs</a></td>
<td class="num">(8,440)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AccumulatedUnrecognizedGrantCosts', window );">Accumulated unrecognized grant costs</a></td>
<td class="nump">R$ 585<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SharebasedPaymentPlanNameAxis=ugp_DeferredStockUnitPlanMember', window );">Deferred stock plan [member] | Grant Date December 10 2014 [member] | Management</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DateOfGrantOfSharebasedPaymentArrangement', window );">Grant date</a></td>
<td class="text">December 10, 2014<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted', window );">Balance of number of shares granted | shares</a></td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfVestingRequirementsForSharebasedPaymentArrangement', window );">Vesting period</a></td>
<td class="text">2021<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019', window );">Market price of shares on the grant date | R$ / shares</a></td>
<td class="nump">R$ 25.32<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets', window );">Total grant costs, including taxes</a></td>
<td class="nump">R$ 19,557<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AccumulatedRecognizedGrantCosts', window );">Accumulated recognized grant costs</a></td>
<td class="num">(19,557)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AccumulatedUnrecognizedGrantCosts', window );">Accumulated unrecognized grant costs</a></td>
<td class="nump">R$ 0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SharebasedPaymentPlanNameAxis=ugp_DeferredStockUnitPlanMember', window );">Deferred stock plan [member] | Grant Date March 5 2014 [member] | Management</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DateOfGrantOfSharebasedPaymentArrangement', window );">Grant date</a></td>
<td class="text">March 5, 2014<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted', window );">Balance of number of shares granted | shares</a></td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfVestingRequirementsForSharebasedPaymentArrangement', window );">Vesting period</a></td>
<td class="text">2021<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019', window );">Market price of shares on the grant date | R$ / shares</a></td>
<td class="nump">R$ 26.08<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets', window );">Total grant costs, including taxes</a></td>
<td class="nump">R$ 5,999<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AccumulatedRecognizedGrantCosts', window );">Accumulated recognized grant costs</a></td>
<td class="num">(5,999)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AccumulatedUnrecognizedGrantCosts', window );">Accumulated unrecognized grant costs</a></td>
<td class="nump">R$ 0<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DateOfGrantOfSharebasedPaymentArrangement">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The date on which share-based payment arrangements are granted. [Refer: Share-based payment arrangements [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2021-01-01<br> -Paragraph IG23<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_IG23&amp;doctype=Implementation%20Guidance<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2021-01-01<br> -Paragraph 45<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_45_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DateOfGrantOfSharebasedPaymentArrangement</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfVestingRequirementsForSharebasedPaymentArrangement">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the vesting requirements for a type of share-based payment arrangement that existed at any time during the period. An entity with substantially similar types of share-based payment arrangements may aggregate this information. [Refer: Share-based payment arrangements [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2021-01-01<br> -Paragraph 45<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_45_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfVestingRequirementsForSharebasedPaymentArrangement</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expense arising from share-based payment transactions in which the goods or services received did not qualify for recognition as assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2021-01-01<br> -Paragraph 51<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_51_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets</td>
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<tr>
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<tr>
<td><strong> Data Type:</strong></td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of other equity instruments (ie other than share options) granted in a share-based payment arrangement.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2021-01-01<br> -Paragraph 47<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_47_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2021-01-01<br> -Paragraph 45<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:decimalItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The weighted average exercise price of other equity instruments (ie other than share options) granted in a share-based payment arrangement. [Refer: Weighted average [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2021-01-01<br> -Paragraph 45<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of accumulated recognized grant costs arising from share-based payment transactions.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AccumulatedRecognizedGrantCosts</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AccumulatedUnrecognizedGrantCosts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of accumulated unrecognized grant costs arising from share-based payment transactions.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AccumulatedUnrecognizedGrantCosts</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<tr>
<td><strong> Name:</strong></td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=ugp_GrantDateMarch42016Member</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=ugp_GrantDateDecember102014Member</td>
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=ugp_GrantDateMarch52014Member</td>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147276707176">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Related Parties - Changes of Number of Shares Granted (Detail) - Deferred stock plan [member] - Management - shares<br></strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
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<tr>
<th class="th"><div>Dec. 31, 2021</div></th>
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<td class="num">(448,930)<span></span>
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<td class="num">(322,264)<span></span>
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<td class="text">&#160;<span></span>
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<td class="nump">133,332<span></span>
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<td class="nump">702,260<span></span>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of other equity instruments (ie other than share options) exercised or vested in a share-based payment arrangement.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2021-01-01<br> -Paragraph 45<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of other equity instruments (ie other than share options) expired in a share-based payment arrangement.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2021-01-01<br> -Paragraph 45<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NumberOfOtherEquityInstrumentsExpiredInSharebasedPaymentArrangement</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:decimalItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of other equity instruments (ie other than share options) outstanding in a share-based payment arrangement.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2021-01-01<br> -Paragraph 45<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:decimalItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_NumberOfOtherEquityInstrumentsReclassifiedToHeldForSaleInShareBasedPaymentArrangement">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of other equity instruments (ie other than share options) reclassified to held for sale in a share-based payment arrangement.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_NumberOfOtherEquityInstrumentsReclassifiedToHeldForSaleInShareBasedPaymentArrangement</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_SharebasedPaymentPlanNameAxis=ugp_DeferredStockUnitPlanMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_SharebasedPaymentPlanNameAxis=ugp_DeferredStockUnitPlanMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=ifrs-full_KeyManagementPersonnelOfEntityOrParentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=ifrs-full_KeyManagementPersonnelOfEntityOrParentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>139
<FILENAME>R110.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147273554328">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Related Parties - Restricted Stock Program (Detail)<br> R$ / shares in Units, R$ in Thousands</strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th">
<div>Dec. 31, 2021 </div>
<div>BRL (R$) </div>
<div>shares </div>
<div>R$ / shares</div>
</th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted', window );">Balance of number of shares granted | shares</a></td>
<td class="nump">4,415,294<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets', window );">Total grant costs, including taxes</a></td>
<td class="nump">R$ 118,364<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AccumulatedRecognizedGrantCosts', window );">Accumulated recognized grant costs</a></td>
<td class="num">(50,603)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AccumulatedUnrecognizedGrantCosts', window );">Accumulated unrecognized grant costs</a></td>
<td class="nump">R$ 67,761<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SharebasedPaymentPlanNameAxis=ugp_RestrictedStockAwardMember', window );">Restricted Stock Award [Member] | Grant Date, October 1, 2017 [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DateOfGrantOfSharebasedPaymentArrangement', window );">Grant date</a></td>
<td class="text">October 1, 2017<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted', window );">Balance of number of shares granted | shares</a></td>
<td class="nump">240,000<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfVestingRequirementsForSharebasedPaymentArrangement', window );">Vesting period</a></td>
<td class="text">2023<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019', window );">Market price of shares on the grant date | R$ / shares</a></td>
<td class="nump">R$ 38.19<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets', window );">Total grant costs, including taxes</a></td>
<td class="nump">R$ 9,293<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AccumulatedRecognizedGrantCosts', window );">Accumulated recognized grant costs</a></td>
<td class="num">(9,293)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AccumulatedUnrecognizedGrantCosts', window );">Accumulated unrecognized grant costs</a></td>
<td class="nump">R$ 0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SharebasedPaymentPlanNameAxis=ugp_RestrictedStockAwardMember', window );">Restricted Stock Award [Member] | Grant Date, November 8, 2017 [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DateOfGrantOfSharebasedPaymentArrangement', window );">Grant date</a></td>
<td class="text">November 8, 2017<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted', window );">Balance of number of shares granted | shares</a></td>
<td class="nump">4,596<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfVestingRequirementsForSharebasedPaymentArrangement', window );">Vesting period</a></td>
<td class="text">2022<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019', window );">Market price of shares on the grant date | R$ / shares</a></td>
<td class="nump">R$ 38.19<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets', window );">Total grant costs, including taxes</a></td>
<td class="nump">R$ 1,018<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AccumulatedRecognizedGrantCosts', window );">Accumulated recognized grant costs</a></td>
<td class="num">(994)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AccumulatedUnrecognizedGrantCosts', window );">Accumulated unrecognized grant costs</a></td>
<td class="nump">R$ 24<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SharebasedPaymentPlanNameAxis=ugp_RestrictedStockAwardMember', window );">Restricted Stock Award [Member] | Grant Date, April 4, 2018 [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DateOfGrantOfSharebasedPaymentArrangement', window );">Grant date</a></td>
<td class="text">April 4, 2018<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted', window );">Balance of number of shares granted | shares</a></td>
<td class="nump">31,220<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfVestingRequirementsForSharebasedPaymentArrangement', window );">Vesting period</a></td>
<td class="text">2022 to 2023<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019', window );">Market price of shares on the grant date | R$ / shares</a></td>
<td class="nump">R$ 34.35<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets', window );">Total grant costs, including taxes</a></td>
<td class="nump">R$ 3,013<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AccumulatedRecognizedGrantCosts', window );">Accumulated recognized grant costs</a></td>
<td class="num">(2,902)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AccumulatedUnrecognizedGrantCosts', window );">Accumulated unrecognized grant costs</a></td>
<td class="nump">R$ 111<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SharebasedPaymentPlanNameAxis=ugp_RestrictedStockAwardMember', window );">Restricted Stock Award [Member] | Grant Date, September 19, 2018 [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DateOfGrantOfSharebasedPaymentArrangement', window );">Grant date</a></td>
<td class="text">September 19, 2018<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted', window );">Balance of number of shares granted | shares</a></td>
<td class="nump">80,000<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfVestingRequirementsForSharebasedPaymentArrangement', window );">Vesting period</a></td>
<td class="text">2024<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019', window );">Market price of shares on the grant date | R$ / shares</a></td>
<td class="nump">R$ 19.58<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets', window );">Total grant costs, including taxes</a></td>
<td class="nump">R$ 1,020<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AccumulatedRecognizedGrantCosts', window );">Accumulated recognized grant costs</a></td>
<td class="num">(1,020)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AccumulatedUnrecognizedGrantCosts', window );">Accumulated unrecognized grant costs</a></td>
<td class="nump">R$ 0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SharebasedPaymentPlanNameAxis=ugp_RestrictedStockAwardMember', window );">Restricted Stock Award [Member] | Grant Date, September 24, 2018 [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DateOfGrantOfSharebasedPaymentArrangement', window );">Grant date</a></td>
<td class="text">September 24, 2018<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted', window );">Balance of number of shares granted | shares</a></td>
<td class="nump">80,000<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfVestingRequirementsForSharebasedPaymentArrangement', window );">Vesting period</a></td>
<td class="text">2024<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019', window );">Market price of shares on the grant date | R$ / shares</a></td>
<td class="nump">R$ 18.4<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets', window );">Total grant costs, including taxes</a></td>
<td class="nump">R$ 3,170<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AccumulatedRecognizedGrantCosts', window );">Accumulated recognized grant costs</a></td>
<td class="num">(1,250)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AccumulatedUnrecognizedGrantCosts', window );">Accumulated unrecognized grant costs</a></td>
<td class="nump">R$ 1,920<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SharebasedPaymentPlanNameAxis=ugp_RestrictedStockAwardMember', window );">Restricted Stock Award [Member] | Grant Date, April 3, 2019 [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DateOfGrantOfSharebasedPaymentArrangement', window );">Grant date</a></td>
<td class="text">April 3, 2019<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted', window );">Balance of number of shares granted | shares</a></td>
<td class="nump">176,814<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfVestingRequirementsForSharebasedPaymentArrangement', window );">Vesting period</a></td>
<td class="text">2022 to 2024<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019', window );">Market price of shares on the grant date | R$ / shares</a></td>
<td class="nump">R$ 23.25<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets', window );">Total grant costs, including taxes</a></td>
<td class="nump">R$ 7,004<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AccumulatedRecognizedGrantCosts', window );">Accumulated recognized grant costs</a></td>
<td class="num">(5,479)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AccumulatedUnrecognizedGrantCosts', window );">Accumulated unrecognized grant costs</a></td>
<td class="nump">R$ 1,525<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SharebasedPaymentPlanNameAxis=ugp_RestrictedStockAwardMember', window );">Restricted Stock Award [Member] | Grant Date, September 2, 2019 [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DateOfGrantOfSharebasedPaymentArrangement', window );">Grant date</a></td>
<td class="text">September 2, 2019<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted', window );">Balance of number of shares granted | shares</a></td>
<td class="nump">440,000<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfVestingRequirementsForSharebasedPaymentArrangement', window );">Vesting period</a></td>
<td class="text">2025<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019', window );">Market price of shares on the grant date | R$ / shares</a></td>
<td class="nump">R$ 16.42<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets', window );">Total grant costs, including taxes</a></td>
<td class="nump">R$ 9,965<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AccumulatedRecognizedGrantCosts', window );">Accumulated recognized grant costs</a></td>
<td class="num">(3,875)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AccumulatedUnrecognizedGrantCosts', window );">Accumulated unrecognized grant costs</a></td>
<td class="nump">R$ 6,090<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SharebasedPaymentPlanNameAxis=ugp_RestrictedStockAwardMember', window );">Restricted Stock Award [Member] | Grant Date, April 1, 2020 [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DateOfGrantOfSharebasedPaymentArrangement', window );">Grant date</a></td>
<td class="text">April 1, 2020<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted', window );">Balance of number of shares granted | shares</a></td>
<td class="nump">290,082<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfVestingRequirementsForSharebasedPaymentArrangement', window );">Vesting period</a></td>
<td class="text">2023 to 2025<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019', window );">Market price of shares on the grant date | R$ / shares</a></td>
<td class="nump">R$ 12.53<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets', window );">Total grant costs, including taxes</a></td>
<td class="nump">R$ 5,668<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AccumulatedRecognizedGrantCosts', window );">Accumulated recognized grant costs</a></td>
<td class="num">(3,135)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AccumulatedUnrecognizedGrantCosts', window );">Accumulated unrecognized grant costs</a></td>
<td class="nump">R$ 2,533<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SharebasedPaymentPlanNameAxis=ugp_RestrictedStockAwardMember', window );">Restricted Stock Award [Member] | Grant Date, September 16, 2020 [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DateOfGrantOfSharebasedPaymentArrangement', window );">Grant date</a></td>
<td class="text">September 16, 2020<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted', window );">Balance of number of shares granted | shares</a></td>
<td class="nump">700,000<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfVestingRequirementsForSharebasedPaymentArrangement', window );">Vesting period</a></td>
<td class="text">2026<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019', window );">Market price of shares on the grant date | R$ / shares</a></td>
<td class="nump">R$ 23.03<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets', window );">Total grant costs, including taxes</a></td>
<td class="nump">R$ 13,259<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AccumulatedRecognizedGrantCosts', window );">Accumulated recognized grant costs</a></td>
<td class="num">(5,847)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AccumulatedUnrecognizedGrantCosts', window );">Accumulated unrecognized grant costs</a></td>
<td class="nump">R$ 7,412<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SharebasedPaymentPlanNameAxis=ugp_RestrictedStockAwardMember', window );">Restricted Stock Award [Member] | Grant Date, April 7, 2021 [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DateOfGrantOfSharebasedPaymentArrangement', window );">Grant date</a></td>
<td class="text">April 7, 2021<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted', window );">Balance of number of shares granted | shares</a></td>
<td class="nump">522,716<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfVestingRequirementsForSharebasedPaymentArrangement', window );">Vesting period</a></td>
<td class="text">2024<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019', window );">Market price of shares on the grant date | R$ / shares</a></td>
<td class="nump">R$ 20.85<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets', window );">Total grant costs, including taxes</a></td>
<td class="nump">R$ 17,985<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AccumulatedRecognizedGrantCosts', window );">Accumulated recognized grant costs</a></td>
<td class="num">(5,141)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AccumulatedUnrecognizedGrantCosts', window );">Accumulated unrecognized grant costs</a></td>
<td class="nump">R$ 12,844<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SharebasedPaymentPlanNameAxis=ugp_RestrictedStockAwardMember', window );">Restricted Stock Award [Member] | Grant Date, September 22, 2021 [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DateOfGrantOfSharebasedPaymentArrangement', window );">Grant date</a></td>
<td class="text">September 22, 2021<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted', window );">Balance of number of shares granted | shares</a></td>
<td class="nump">1,000,000<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfVestingRequirementsForSharebasedPaymentArrangement', window );">Vesting period</a></td>
<td class="text">2027<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019', window );">Market price of shares on the grant date | R$ / shares</a></td>
<td class="nump">R$ 14.17<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets', window );">Total grant costs, including taxes</a></td>
<td class="nump">R$ 19,547<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AccumulatedRecognizedGrantCosts', window );">Accumulated recognized grant costs</a></td>
<td class="num">(1,087)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AccumulatedUnrecognizedGrantCosts', window );">Accumulated unrecognized grant costs</a></td>
<td class="nump">R$ 18,460<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SharebasedPaymentPlanNameAxis=ugp_PerformanceStockAwardMember', window );">Performance Stock Award [Member] | Grant Date, April 4, 2018 [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DateOfGrantOfSharebasedPaymentArrangement', window );">Grant date</a></td>
<td class="text">April 4, 2018<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted', window );">Balance of number of shares granted | shares</a></td>
<td class="nump">5,550<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfVestingRequirementsForSharebasedPaymentArrangement', window );">Vesting period</a></td>
<td class="text">2022 to 2023<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019', window );">Market price of shares on the grant date | R$ / shares</a></td>
<td class="nump">R$ 34.35<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets', window );">Total grant costs, including taxes</a></td>
<td class="nump">R$ 356<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AccumulatedRecognizedGrantCosts', window );">Accumulated recognized grant costs</a></td>
<td class="num">(267)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AccumulatedUnrecognizedGrantCosts', window );">Accumulated unrecognized grant costs</a></td>
<td class="nump">R$ 89<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SharebasedPaymentPlanNameAxis=ugp_PerformanceStockAwardMember', window );">Performance Stock Award [Member] | Grant Date, April 3, 2019 [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DateOfGrantOfSharebasedPaymentArrangement', window );">Grant date</a></td>
<td class="text">April 3, 2019<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted', window );">Balance of number of shares granted | shares</a></td>
<td class="nump">83,412<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfVestingRequirementsForSharebasedPaymentArrangement', window );">Vesting period</a></td>
<td class="text">2022 to 2024<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019', window );">Market price of shares on the grant date | R$ / shares</a></td>
<td class="nump">R$ 23.25<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets', window );">Total grant costs, including taxes</a></td>
<td class="nump">R$ 3,587<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AccumulatedRecognizedGrantCosts', window );">Accumulated recognized grant costs</a></td>
<td class="num">(2,212)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AccumulatedUnrecognizedGrantCosts', window );">Accumulated unrecognized grant costs</a></td>
<td class="nump">R$ 1,375<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SharebasedPaymentPlanNameAxis=ugp_PerformanceStockAwardMember', window );">Performance Stock Award [Member] | Grant Date, April 1, 2020 [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DateOfGrantOfSharebasedPaymentArrangement', window );">Grant date</a></td>
<td class="text">April 1, 2020<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted', window );">Balance of number of shares granted | shares</a></td>
<td class="nump">238,188<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfVestingRequirementsForSharebasedPaymentArrangement', window );">Vesting period</a></td>
<td class="text">2023 to 2025<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019', window );">Market price of shares on the grant date | R$ / shares</a></td>
<td class="nump">R$ 12.53<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets', window );">Total grant costs, including taxes</a></td>
<td class="nump">R$ 5,494<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AccumulatedRecognizedGrantCosts', window );">Accumulated recognized grant costs</a></td>
<td class="num">(2,960)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AccumulatedUnrecognizedGrantCosts', window );">Accumulated unrecognized grant costs</a></td>
<td class="nump">R$ 2,534<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SharebasedPaymentPlanNameAxis=ugp_PerformanceStockAwardMember', window );">Performance Stock Award [Member] | Grant Date, April 7, 2021 [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DateOfGrantOfSharebasedPaymentArrangement', window );">Grant date</a></td>
<td class="text">April 7, 2021<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted', window );">Balance of number of shares granted | shares</a></td>
<td class="nump">522,716<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfVestingRequirementsForSharebasedPaymentArrangement', window );">Vesting period</a></td>
<td class="text">2024<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019', window );">Market price of shares on the grant date | R$ / shares</a></td>
<td class="nump">R$ 20.85<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets', window );">Total grant costs, including taxes</a></td>
<td class="nump">R$ 17,985<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AccumulatedRecognizedGrantCosts', window );">Accumulated recognized grant costs</a></td>
<td class="num">(5,141)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AccumulatedUnrecognizedGrantCosts', window );">Accumulated unrecognized grant costs</a></td>
<td class="nump">R$ 12,844<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DateOfGrantOfSharebasedPaymentArrangement">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The date on which share-based payment arrangements are granted. [Refer: Share-based payment arrangements [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2021-01-01<br> -Paragraph IG23<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_IG23&amp;doctype=Implementation%20Guidance<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2021-01-01<br> -Paragraph 45<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_45_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DateOfGrantOfSharebasedPaymentArrangement</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfVestingRequirementsForSharebasedPaymentArrangement">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the vesting requirements for a type of share-based payment arrangement that existed at any time during the period. An entity with substantially similar types of share-based payment arrangements may aggregate this information. [Refer: Share-based payment arrangements [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2021-01-01<br> -Paragraph 45<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_45_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfVestingRequirementsForSharebasedPaymentArrangement</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expense arising from share-based payment transactions in which the goods or services received did not qualify for recognition as assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2021-01-01<br> -Paragraph 51<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_51_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of other equity instruments (ie other than share options) granted in a share-based payment arrangement.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2021-01-01<br> -Paragraph 47<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_47_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2021-01-01<br> -Paragraph 45<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:decimalItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The weighted average exercise price of other equity instruments (ie other than share options) granted in a share-based payment arrangement. [Refer: Weighted average [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2021-01-01<br> -Paragraph 45<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AccumulatedRecognizedGrantCosts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of accumulated recognized grant costs arising from share-based payment transactions.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AccumulatedRecognizedGrantCosts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AccumulatedUnrecognizedGrantCosts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of accumulated unrecognized grant costs arising from share-based payment transactions.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AccumulatedUnrecognizedGrantCosts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_SharebasedPaymentPlanNameAxis=ugp_RestrictedStockAwardMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_SharebasedPaymentPlanNameAxis=ugp_RestrictedStockAwardMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=ugp_GrantDateOctober12017Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=ugp_GrantDateOctober12017Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=ugp_GrantDateNovember82017Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=ugp_GrantDateNovember82017Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=ugp_GrantDateApril42018Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=ugp_GrantDateApril42018Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=ugp_GrantDateSeptember192018Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=ugp_GrantDateSeptember192018Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=ugp_GrantDateSeptember242018Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=ugp_GrantDateSeptember242018Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=ugp_GrantDateApril32019Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=ugp_GrantDateApril32019Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=ugp_GrantDateSeptember22019Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=ugp_GrantDateSeptember22019Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=ugp_GrantDateApril12020Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=ugp_GrantDateApril12020Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=ugp_GrantDateSeptember162020Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=ugp_GrantDateSeptember162020Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=ugp_GrantDateApril72021Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=ugp_GrantDateApril72021Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=ugp_GrantDateSeptember222021Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=ugp_GrantDateSeptember222021Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_SharebasedPaymentPlanNameAxis=ugp_PerformanceStockAwardMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_SharebasedPaymentPlanNameAxis=ugp_PerformanceStockAwardMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>140
<FILENAME>R111.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147300425416">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Related Parties - Summarized Changes of Number of Restricted and Performance Shares Granted (Detail) - shares<br></strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th" colspan="2"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted', window );">Shares granted</a></td>
<td class="nump">4,415,294<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SharebasedPaymentPlanNameAxis=ugp_RestrictedAndPerformanceStockMember', window );">Restricted and Performance Stock [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement', window );">Share granted, beginning</a></td>
<td class="nump">2,910,162<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,738,660<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfOtherEquityInstrumentsExpiredInSharebasedPaymentArrangement', window );">Cancellation of granted shares due to termination of executive employment</a></td>
<td class="num">(133,186)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(353,294)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NumberOfInstrumentsOtherEquityInstrumentsCancellationOfPerformanceSharesDueToTerminationOfExecutiveEmployment', window );">Cancellation of performance shares</a></td>
<td class="num">(133,326)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(52,992)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NumberOfOtherEquityInstrumentsReclassifiedToHeldForSaleInShareBasedPaymentArrangement', window );">Reclassification to assets held for sale</a></td>
<td class="num">(614,860)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement', window );">Share granted, ending</a></td>
<td class="nump">4,415,294<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,910,162<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SharebasedPaymentPlanNameAxis=ugp_RestrictedAndPerformanceStockMember', window );">Restricted and Performance Stock [member] | April 1, 2020 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted', window );">Shares granted</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">877,788<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SharebasedPaymentPlanNameAxis=ugp_RestrictedAndPerformanceStockMember', window );">Restricted and Performance Stock [member] | September 16, 2020 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted', window );">Shares granted</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">700,000<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SharebasedPaymentPlanNameAxis=ugp_RestrictedAndPerformanceStockMember', window );">Restricted and Performance Stock [member] | April 7, 2021 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted', window );">Shares granted</a></td>
<td class="nump">1,386,504<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SharebasedPaymentPlanNameAxis=ugp_RestrictedAndPerformanceStockMember', window );">Restricted and Performance Stock [member] | September 22, 2021 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted', window );">Shares granted</a></td>
<td class="nump">1,000,000<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr><td colspan="4"></td></tr>
<tr><td colspan="4"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Refers to the reversal of the provision constituted in view of the significant probability that performance indicators will not be achieved.</span></td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of other equity instruments (ie other than share options) granted in a share-based payment arrangement.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2021-01-01<br> -Paragraph 47<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_47_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2021-01-01<br> -Paragraph 45<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:decimalItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NumberOfOtherEquityInstrumentsExpiredInSharebasedPaymentArrangement">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of other equity instruments (ie other than share options) expired in a share-based payment arrangement.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2021-01-01<br> -Paragraph 45<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NumberOfOtherEquityInstrumentsExpiredInSharebasedPaymentArrangement</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:decimalItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of other equity instruments (ie other than share options) outstanding in a share-based payment arrangement.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2021-01-01<br> -Paragraph 45<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
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</tr>
</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_NumberOfInstrumentsOtherEquityInstrumentsCancellationOfPerformanceSharesDueToTerminationOfExecutiveEmployment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of instruments other equity instruments cancellation of performance shares during the period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_NumberOfInstrumentsOtherEquityInstrumentsCancellationOfPerformanceSharesDueToTerminationOfExecutiveEmployment</td>
</tr>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
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<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_NumberOfOtherEquityInstrumentsReclassifiedToHeldForSaleInShareBasedPaymentArrangement">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of other equity instruments (ie other than share options) reclassified to held for sale in a share-based payment arrangement.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_NumberOfOtherEquityInstrumentsReclassifiedToHeldForSaleInShareBasedPaymentArrangement</td>
</tr>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=ugp_GrossSharesGrantDateApril12020Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=ugp_GrossSharesGrantDateApril12020Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=ugp_GrantDateSeptember162020Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=ugp_GrantDateSeptember162020Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
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</tr>
</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=ugp_GrantDateApril72021Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=ugp_GrantDateApril72021Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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</div></td></tr>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=ugp_GrantDateSeptember222021Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
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<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>141
<FILENAME>R112.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147276093880">
<tr>
<th class="tl" colspan="2" rowspan="1"><div style="width: 200px;"><strong>Income and Social Contribution Taxes - Deferred Taxes (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DeferredIncomeAndSocialContributionTaxAssetsAbstract', window );"><strong>Assets - deferred income and social contribution taxes on:</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DeferredIncomeAndSocialContributionTaxesProvisionForImpairmentOfAssets', window );">Provision for impairment of assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 57,924<span></span>
</td>
<td class="nump">R$ 75,231<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DeferredIncomeAndSocialContributionTaxesProvisionsFortaxCivilAndLaborRisks', window );">Provisions for tax, civil, and labor risks</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">188,236<span></span>
</td>
<td class="nump">138,516<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DeferredIncomeAndSocialContributionTaxesProvisionForPostEmploymentBenefits', window );">Provision for post-employment benefits</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">73,335<span></span>
</td>
<td class="nump">96,108<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DeferredIncomeAndSocialContributionTaxesProvisionForDifferencesBetweenCashAndAccrualBasisAssets', window );">Provision for differences between cash and accrual basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">24,754<span></span>
</td>
<td class="nump">606,054<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DeferredincomeAndSocialContributionTaxesGoodwill', window );">Goodwill</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">4,825<span></span>
</td>
<td class="nump">5,161<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DeferredIncomeAndSocialContributionTaxesBusinessCombinationFiscalBasisAccountingBasisOfGoodwill', window );">Business combination &#8211; tax basis vs. accounting basis of goodwill</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">18,699<span></span>
</td>
<td class="nump">75,515<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DeferredIncomeAndSocialContributionTaxesProvisionForAssetRetirementObligation', window );">Provision for asset retirement obligation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">16,991<span></span>
</td>
<td class="nump">15,728<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DeferredIncomeAndSocialContributionTaxesProvisionForSuppliers', window );">Provision for suppliers</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">39,364<span></span>
</td>
<td class="nump">49,501<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DeferredIncomeAndSocialContributionTaxesProvisionForProfitSharingAndBonus', window );">Provision for profit sharing and bonus</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">44,876<span></span>
</td>
<td class="nump">56,873<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DeferredIncomeAndSocialContributionTaxesLeasesPayable', window );">Leases payable</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">41,463<span></span>
</td>
<td class="nump">41,932<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DeferredIncomeAndSocialContributionTaxesChangeInFairValueOfSubscriptionWarrants', window );">Change in fair value of subscription warrants</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">10,957<span></span>
</td>
<td class="nump">22,833<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DeferredIncomeAndSocialContributionTaxesProvisionForDeferredRevenue', window );">Provision for deferred revenue</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">15,643<span></span>
</td>
<td class="nump">25,770<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DeferredIncomeAndSocialContributionTaxesOtherProvisions', window );">Other provisions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,769<span></span>
</td>
<td class="nump">14,917<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DeferredIncomeAndSocialContributionTaxesTaxLossesAndNegativeBasisForSocialContributionCarryforwards', window );">Tax losses and negative basis for social contribution carryforwards</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">148,345<span></span>
</td>
<td class="nump">363,862<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DeferredIncomeAndSocialContributionTaxAssets', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">688,181<span></span>
</td>
<td class="nump">1,588,001<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DeferredIncomeAndSocialContributioTaxesOffsetLiabilitiesBalance', window );">Offset liability balance of deferred IRPJ and CSLL</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(116,426)<span></span>
</td>
<td class="num">(613,290)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxAssets', window );">Net balance of deferred taxes assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">571,755<span></span>
</td>
<td class="nump">974,711<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DeferredIncomeAndSocialContributionTaxLiabilitiesAbstract', window );"><strong>Liabilities - deferred income and social contribution taxes on:</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DeferredIncomeAndSocialContributionTaxesRevaluationOfPropertyPlantAndEquipment', window );">Revaluation of PP&amp;E</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">408<span></span>
</td>
<td class="nump">1,776<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DeferredIncomeAndSocialContributionTaxesLease', window );">Leases payable</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">138<span></span>
</td>
<td class="nump">1,895<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DeferredIncomeAndSocialContributionTaxesProvisionForDifferencesBetweenCashAndAccrualBasisLiabilities', window );">Provision for differences between cash and accrual basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">19,664<span></span>
</td>
<td class="nump">402,780<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DeferredIncomeAndSocialContributionTaxesProvisionForPostemploymentBenefitsProvisionForGoodwillAndNegativeGoodwill', window );">Provision for goodwill</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">28,676<span></span>
</td>
<td class="nump">92,242<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DeferredIncomeAndSocialContributionTaxesProvisionForPostemploymentBenefitsBusinessCombinationFairValueOfAssets', window );">Business combination - fair value of assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">66,079<span></span>
</td>
<td class="nump">111,832<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DeferredIncomeAndSocialContributionTaxesOtherProvisionsLiabilities', window );">Other provisions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,743<span></span>
</td>
<td class="nump">15,497<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DeferredIncomeAndSocialContributionTaxLiabilities', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">116,708<span></span>
</td>
<td class="nump">626,022<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DeferredIncomeAndSocialContributionTaxesOffsetAssetsBalance', window );">Offset asset balance of deferred IRPJ and CSLL</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(116,426)<span></span>
</td>
<td class="num">(613,290)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilities', window );">Net balance of deferred taxes liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 282<span></span>
</td>
<td class="nump">R$ 12,732<span></span>
</td>
</tr>
<tr><td colspan="3"></td></tr>
<tr><td colspan="3"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top"><span style="font-size: 10pt; font-family: 'times new roman', times;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">Refers, mainly, to the income tax on the exchange variation of the&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">derivate&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">hedging instruments.</span></span></td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DeferredTaxAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amounts of income taxes recoverable in future periods in respect of: (a) deductible temporary differences; (b) the carryforward of unused tax losses; and (c) the carryforward of unused tax credits. [Refer: Temporary differences [member]; Unused tax credits [member]; Unused tax losses [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph 81<br> -Subparagraph g<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_81_g_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 54<br> -Subparagraph o<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_54_o&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 56<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_56&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DeferredTaxAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DeferredTaxLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amounts of income taxes payable in future periods in respect of taxable temporary differences. [Refer: Temporary differences [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph 81<br> -Subparagraph g<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_81_g_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 54<br> -Subparagraph o<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_54_o&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 56<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_56&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DeferredTaxLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DeferredIncomeAndSocialContributioTaxesOffsetLiabilitiesBalance">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of deferred tax assets for which it is more likely than not that a tax benefit will not be realized.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DeferredIncomeAndSocialContributioTaxesOffsetLiabilitiesBalance</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DeferredIncomeAndSocialContributionTaxAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DeferredIncomeAndSocialContributionTaxAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DeferredIncomeAndSocialContributionTaxAssetsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DeferredIncomeAndSocialContributionTaxAssetsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DeferredIncomeAndSocialContributionTaxLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount before allocation of valuation allowances of deferred tax liability attributable to taxable temporary differences.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DeferredIncomeAndSocialContributionTaxLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DeferredIncomeAndSocialContributionTaxLiabilitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DeferredIncomeAndSocialContributionTaxLiabilitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DeferredIncomeAndSocialContributionTaxesBusinessCombinationFiscalBasisAccountingBasisOfGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from fiscal basis against accounting basis of goodwill arising from business combination.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DeferredIncomeAndSocialContributionTaxesBusinessCombinationFiscalBasisAccountingBasisOfGoodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DeferredIncomeAndSocialContributionTaxesChangeInFairValueOfSubscriptionWarrants">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from change in fair value of subscription warrants.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DeferredIncomeAndSocialContributionTaxesChangeInFairValueOfSubscriptionWarrants</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DeferredIncomeAndSocialContributionTaxesLease">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount before allocation of valuation allowances of deferred tax liability attributable to taxable temporary differences from leases payable.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DeferredIncomeAndSocialContributionTaxesLease</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DeferredIncomeAndSocialContributionTaxesLeasesPayable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from leases payable.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DeferredIncomeAndSocialContributionTaxesLeasesPayable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DeferredIncomeAndSocialContributionTaxesOffsetAssetsBalance">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of deferred tax liabilities for which it is more likely than that a tax benefit will be realized.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DeferredIncomeAndSocialContributionTaxesOffsetAssetsBalance</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DeferredIncomeAndSocialContributionTaxesOtherProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from provisions classified as other.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DeferredIncomeAndSocialContributionTaxesOtherProvisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DeferredIncomeAndSocialContributionTaxesOtherProvisionsLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount before allocation of valuation allowances of deferred tax liability attributable to taxable temporary differences from provisions classified as other.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DeferredIncomeAndSocialContributionTaxesOtherProvisionsLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DeferredIncomeAndSocialContributionTaxesProvisionForAssetRetirementObligation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from provision for asset retirement obligation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DeferredIncomeAndSocialContributionTaxesProvisionForAssetRetirementObligation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DeferredIncomeAndSocialContributionTaxesProvisionForDeferredRevenue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from provision for deferred revenue.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DeferredIncomeAndSocialContributionTaxesProvisionForDeferredRevenue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DeferredIncomeAndSocialContributionTaxesProvisionForDifferencesBetweenCashAndAccrualBasisAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from provision for differences between cash and accrual basis.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DeferredIncomeAndSocialContributionTaxesProvisionForDifferencesBetweenCashAndAccrualBasisAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DeferredIncomeAndSocialContributionTaxesProvisionForDifferencesBetweenCashAndAccrualBasisLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount before allocation of valuation allowances of deferred tax liability attributable to taxable temporary differences from provision for differences between cash and accrual basis.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DeferredIncomeAndSocialContributionTaxesProvisionForDifferencesBetweenCashAndAccrualBasisLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DeferredIncomeAndSocialContributionTaxesProvisionForImpairmentOfAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from provision for impairment of assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DeferredIncomeAndSocialContributionTaxesProvisionForImpairmentOfAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DeferredIncomeAndSocialContributionTaxesProvisionForPostEmploymentBenefits">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from provision for post-employment benefits.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DeferredIncomeAndSocialContributionTaxesProvisionForPostEmploymentBenefits</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DeferredIncomeAndSocialContributionTaxesProvisionForPostemploymentBenefitsBusinessCombinationFairValueOfAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount before allocation of valuation allowances of deferred tax liability attributable to taxable temporary differences from fair value of assets arising from business combination.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DeferredIncomeAndSocialContributionTaxesProvisionForPostemploymentBenefitsBusinessCombinationFairValueOfAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DeferredIncomeAndSocialContributionTaxesProvisionForPostemploymentBenefitsProvisionForGoodwillAndNegativeGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount before allocation of valuation allowances of deferred tax liability attributable to taxable temporary differences from provision for goodwill.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DeferredIncomeAndSocialContributionTaxesProvisionForPostemploymentBenefitsProvisionForGoodwillAndNegativeGoodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DeferredIncomeAndSocialContributionTaxesProvisionForProfitSharingAndBonus">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from provision for profit sharing and bonus.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DeferredIncomeAndSocialContributionTaxesProvisionForProfitSharingAndBonus</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DeferredIncomeAndSocialContributionTaxesProvisionForSuppliers">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from provision for suppliers.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DeferredIncomeAndSocialContributionTaxesProvisionForSuppliers</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DeferredIncomeAndSocialContributionTaxesProvisionsFortaxCivilAndLaborRisks">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from provision for tax, civil, and labor risks.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DeferredIncomeAndSocialContributionTaxesProvisionsFortaxCivilAndLaborRisks</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DeferredIncomeAndSocialContributionTaxesRevaluationOfPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount before allocation of valuation allowances of deferred tax liability attributable to taxable temporary differences from revaluation of property, plant, and equipment.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DeferredIncomeAndSocialContributionTaxesRevaluationOfPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DeferredIncomeAndSocialContributionTaxesTaxLossesAndNegativeBasisForSocialContributionCarryforwards">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount before allocation of valuation allowances of deferred tax asset attributable to deductible tax losses and negative basis for social contribution carryforwards.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DeferredIncomeAndSocialContributionTaxesTaxLossesAndNegativeBasisForSocialContributionCarryforwards</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DeferredincomeAndSocialContributionTaxesGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from goodwill.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DeferredincomeAndSocialContributionTaxesGoodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>142
<FILENAME>R113.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147279254216">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Income and Social Contribution Taxes - Summary of Changes in Balances of Deferred Taxes (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfIncomeAndSocialContributionTaxesAbstract', window );"><strong>Disclosure of income and social contribution taxes [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Initial balance</a></td>
<td class="nump">R$ 961,979<span></span>
</td>
<td class="nump">R$ 646,163<span></span>
</td>
<td class="nump">R$ 504,890<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss', window );">Deferred IRPJ and CSLL recognized in income of the year</a></td>
<td class="nump">242,246<span></span>
</td>
<td class="nump">234,244<span></span>
</td>
<td class="num">(2,633)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DeferredTaxExpenseIncomeRecognisedInProfitOrLossFromDiscontinuedOperations', window );">Deferred IRPJ and CSLL of subsidiaries classified as discontinued operations</a></td>
<td class="nump">110,821<span></span>
</td>
<td class="num">(146,305)<span></span>
</td>
<td class="nump">100,098<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome', window );">Deferred IRPJ and CSLL recognized in other comprehensive income</a></td>
<td class="num">(11,366)<span></span>
</td>
<td class="nump">210,034<span></span>
</td>
<td class="nump">40,497<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DecreaseThroughClassifiedAsHeldForSaleDeferredTaxLiabilityAsset', window );">Reclassification to assets held for sale</a></td>
<td class="num">(728,986)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughOtherAdjustmentsDeferredTaxLiabilityAsset', window );">Others</a></td>
<td class="num">(3,221)<span></span>
</td>
<td class="nump">17,843<span></span>
</td>
<td class="nump">3,311<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Final balance</a></td>
<td class="nump">R$ 571,473<span></span>
</td>
<td class="nump">R$ 961,979<span></span>
</td>
<td class="nump">R$ 646,163<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of tax expense or income relating to changes in deferred tax liabilities and deferred tax assets, recognised in profit or loss. [Refer: Deferred tax assets; Deferred tax expense (income); Deferred tax liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph 81<br> -Subparagraph g<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_81_g_ii&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DeferredTaxLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of deferred tax liabilities or assets. [Refer: Deferred tax liabilities; Deferred tax assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph 81<br> -Subparagraph g<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_81_g_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DeferredTaxLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of income tax relating to amounts recognised in other comprehensive income. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph 81<br> -Subparagraph ab<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_81_ab&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 90<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_90&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DecreaseThroughClassifiedAsHeldForSaleDeferredTaxLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The decrease in deferred tax liability (asset) resulting from classification as held for sale or inclusion in a disposal group classified as held for sale.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DecreaseThroughClassifiedAsHeldForSaleDeferredTaxLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DeferredTaxExpenseIncomeRecognisedInProfitOrLossFromDiscontinuedOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of tax expense or income relating to changes in deferred tax liabilities and deferred tax assets, recognised in profit or loss from discontinued operations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DeferredTaxExpenseIncomeRecognisedInProfitOrLossFromDiscontinuedOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DisclosureOfIncomeAndSocialContributionTaxesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure of income and social contribution taxes.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DisclosureOfIncomeAndSocialContributionTaxesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_IncreaseDecreaseThroughOtherAdjustmentsDeferredTaxLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in deferred tax liability (asset) resulting from other adjustments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_IncreaseDecreaseThroughOtherAdjustmentsDeferredTaxLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>143
<FILENAME>R114.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147293512744">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Income and Social Contribution Taxes - Summary of Recovery of Deferred Tax Assets (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfIncomeAndSocialContributionTaxesLineItems', window );"><strong>Summary of income and social contribution taxes [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DeferredIncomeAndSocialContributionTaxAssets', window );">Recovery of deferred tax assets</a></td>
<td class="nump">R$ 688,181<span></span>
</td>
<td class="nump">R$ 1,588,001<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DeferredIncomeAndSocialContributionTaxAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DeferredIncomeAndSocialContributionTaxAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_SummaryOfIncomeAndSocialContributionTaxesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Summary of income and social contribution taxes.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_SummaryOfIncomeAndSocialContributionTaxesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>144
<FILENAME>R115.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
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</head>
<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147300577304">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Income and Social Contribution Taxes - Summary of Reconciliation of Taxes (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfIncomeAndSocialContributionTaxesAbstract', window );"><strong>Disclosure of income and social contribution taxes [abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossBeforeTax', window );">Income before taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 1,006,648<span></span>
</td>
<td class="nump">R$ 951,581<span></span>
</td>
<td class="nump">R$ 1,365,177<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ApplicableTaxRate', window );">Statutory tax rates &#8211; %</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">34.00%<span></span>
</td>
<td class="nump">34.00%<span></span>
</td>
<td class="nump">34.00%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TaxExpenseIncomeAtApplicableTaxRate', window );">Income and social contribution taxes at the statutory tax rates</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">R$ (342,260)<span></span>
</td>
<td class="num">R$ (323,538)<span></span>
</td>
<td class="num">R$ (464,161)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReconciliationOfAccountingProfitMultipliedByApplicableTaxRatesAbstract', window );"><strong>Adjustments to the statutory income and social contribution taxes:</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TaxEffectOfExpenseNotDeductibleInDeterminingTaxableProfitTaxLoss', window );">Nondeductible expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(45,569)<span></span>
</td>
<td class="num">(33,420)<span></span>
</td>
<td class="num">(41,690)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TaxEffectOfRevenuesExemptFromTaxation2011', window );">Nontaxable revenues</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">2,571<span></span>
</td>
<td class="nump">2,757<span></span>
</td>
<td class="nump">4,525<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TaxEffectOfMonetaryVariationFromSpecialSystemForSettlementAndCustodyOnRepetitionOfTaxUnduePayments', window );">Monetary variation (SELIC) on repetition of tax undue payments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">136,060<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TaxEffectOfAdjustmentToEstimatedIncome', window );">Adjustment to estimated income</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">3,901<span></span>
</td>
<td class="nump">8,850<span></span>
</td>
<td class="nump">10,511<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TaxEffectOfUnrecordedDeferredIncomeAndSocialContributionTaxesCarryforwardsDeferred', window );">Unrecorded deferred income and social contribution taxes carryforwards deferred</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="num">(5,285)<span></span>
</td>
<td class="num">(3,166)<span></span>
</td>
<td class="num">(3,271)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TaxEffectOfShareOfProfitLossOfSubsidiariesJointVenturesAndAssociates', window );">Share of profit (loss) of subsidiaries, joint ventures and associates</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(5,995)<span></span>
</td>
<td class="num">(14,972)<span></span>
</td>
<td class="num">(4,322)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome', window );">Other adjustments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">21,414<span></span>
</td>
<td class="nump">12,911<span></span>
</td>
<td class="nump">3,178<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncomeAndSocialContributionTaxesBeforeTaxIncentives', window );">Income and social contribution taxes before tax incentives</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(235,163)<span></span>
</td>
<td class="num">(350,578)<span></span>
</td>
<td class="num">(495,230)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TaxEffectOfTaxIncentives', window );">Tax incentives - SUDENE</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">47,129<span></span>
</td>
<td class="nump">46,061<span></span>
</td>
<td class="nump">25,254<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncomeTaxExpenseContinuingOperations', window );">Income and social contribution taxes, total</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(188,034)<span></span>
</td>
<td class="num">(304,517)<span></span>
</td>
<td class="num">(469,976)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentTaxExpenseIncome', window );">Current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(430,280)<span></span>
</td>
<td class="num">(538,761)<span></span>
</td>
<td class="num">(467,343)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxExpenseIncome', window );">Deferred</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 242,246<span></span>
</td>
<td class="nump">R$ 234,244<span></span>
</td>
<td class="num">R$ (2,633)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AverageEffectiveTaxRate', window );">Effective IRPJ and CSLL rates &#8211; %</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">18.70%<span></span>
</td>
<td class="nump">32.00%<span></span>
</td>
<td class="nump">34.40%<span></span>
</td>
</tr>
<tr><td colspan="4"></td></tr>
<tr><td colspan="4"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">C</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">onsist&#160;of certain expenses that cannot be deducted for tax purposes under applicable tax legislation, such as expenses with fines, donations, gifts, losses of assets</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">,</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">negative effects of foreign subsidiaries&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">and certain provisions</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">.</span></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">C</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">onsist&#160;of certain gains and income that are not taxable under applicable tax legislation, such as the reimbursement of taxes and the reversal of certain provisions</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">.</span></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[3]</td>
<td style="vertical-align: top;" valign="top"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Brazilian tax law allows for an alternative method of taxation for companies that generated gross revenues of up to R$&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">78</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;million in their previous fiscal year. Certain subsidiaries of the Company adopted this alternative form of taxation, whereby income and social contribution taxes are calculated on a basis equal to 32% of operating revenues, as opposed to being calculated based on the effective taxable income of these subsidiaries. The&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">adjustment to estimated income represents the&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">difference between the taxation under this alternative method and the income and social contribution taxes that would have been pa</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">id</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;based on the effective statutory rate applied to the taxable income of these subsidiaries</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">.</span></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[4]</td>
<td style="vertical-align: top;" valign="top"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">See Note 10.d</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">.</span></td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ApplicableTaxRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The applicable income tax rate.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph 81<br> -Subparagraph c<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_81_c_ii&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ApplicableTaxRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AverageEffectiveTaxRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The tax expense (income) divided by the accounting profit. [Refer: Accounting profit]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph 81<br> -Subparagraph c<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_81_c_ii&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AverageEffectiveTaxRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentTaxExpenseIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of income taxes payable (recoverable) in respect of the taxable profit (tax loss) for a period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph 80<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_80_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentTaxExpenseIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DeferredTaxExpenseIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of tax expense (income) relating to changes in deferred tax liabilities and deferred tax assets. [Refer: Deferred tax assets; Deferred tax liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph 81<br> -Subparagraph g<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_81_g_ii&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DeferredTaxExpenseIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncomeTaxExpenseContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The aggregate amount included in the determination of profit (loss) for the period in respect of current tax and deferred tax. [Refer: Current tax expense (income); Deferred tax expense (income)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 26<br> -IssueDate 2021-01-01<br> -Paragraph 35<br> -Subparagraph b<br> -Clause viii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=26&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_35_b_viii&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 23<br> -Subparagraph h<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_23_h&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph 79<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_79&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph 81<br> -Subparagraph c<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_81_c_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 82<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_82_d&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph 81<br> -Subparagraph c<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_81_c_ii&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B13<br> -Subparagraph g<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B13_g&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncomeTaxExpenseContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount that represents the difference between the tax expense (income) and the product of the accounting profit multiplied by the applicable tax rate(s) that the entity does not separately disclose in the same statement or note. [Refer: Accounting profit; Applicable tax rate]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph 81<br> -Subparagraph c<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_81_c_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossBeforeTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) before tax expense or income. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 28<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 102<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2021-01-01<br> -Paragraph 33<br> -Subparagraph b<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=5&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_33_b_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossBeforeTax</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ReconciliationOfAccountingProfitMultipliedByApplicableTaxRatesAbstract</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount that represents the difference between the tax expense (income) and the product of the accounting profit multiplied by the applicable tax rate(s) that relates to expenses not deductible in determining taxable profit (tax loss). [Refer: Accounting profit]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph 81<br> -Subparagraph c<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_81_c_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TaxEffectOfExpenseNotDeductibleInDeterminingTaxableProfitTaxLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TaxEffectOfRevenuesExemptFromTaxation2011">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount that represents the difference between the tax expense (income) and the product of the accounting profit multiplied by the applicable tax rate(s) that relates to revenues that are exempt from taxation. [Refer: Accounting profit]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph 81<br> -Subparagraph c<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_81_c_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TaxEffectOfRevenuesExemptFromTaxation2011</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TaxExpenseIncomeAtApplicableTaxRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The product of the accounting profit multiplied by the applicable tax rate(s). [Refer: Accounting profit; Applicable tax rate]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph 81<br> -Subparagraph c<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_81_c_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TaxExpenseIncomeAtApplicableTaxRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DisclosureOfIncomeAndSocialContributionTaxesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure of income and social contribution taxes.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DisclosureOfIncomeAndSocialContributionTaxesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
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<tr>
<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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</tr>
</table></div>
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</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_IncomeAndSocialContributionTaxesBeforeTaxIncentives">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of income and social contribution taxes before tax incentives.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_IncomeAndSocialContributionTaxesBeforeTaxIncentives</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_TaxEffectOfAdjustmentToEstimatedIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount that represents the difference between the tax expense (income) and the product of the accounting profit multiplied by the applicable tax rate(s) that relates to adjustment to estimated income.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_TaxEffectOfAdjustmentToEstimatedIncome</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_TaxEffectOfMonetaryVariationFromSpecialSystemForSettlementAndCustodyOnRepetitionOfTaxUnduePayments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount that represents the difference between the tax expense (income) and the product of the accounting profit multiplied by the applicable tax rate(s) that relates to monetary variation from Special System for Settlement and Custody (&#8220;SELIC&#8221;) on repetition of tax undue payments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_TaxEffectOfMonetaryVariationFromSpecialSystemForSettlementAndCustodyOnRepetitionOfTaxUnduePayments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_TaxEffectOfShareOfProfitLossOfSubsidiariesJointVenturesAndAssociates">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount that represents the difference between the tax expense (income) and the product of the accounting profit multiplied by the applicable tax rate(s) that relates to share of profit (loss) of subsidiaries, joint ventures and associates.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_TaxEffectOfShareOfProfitLossOfSubsidiariesJointVenturesAndAssociates</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_TaxEffectOfTaxIncentives">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount that represents the difference between the tax expense (income) and the product of the accounting profit multiplied by the applicable tax rate(s) that relates to tax incentives.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_TaxEffectOfTaxIncentives</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_TaxEffectOfUnrecordedDeferredIncomeAndSocialContributionTaxesCarryforwardsDeferred">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount that represents the difference between the tax expense (income) and the product of the accounting profit multiplied by the applicable tax rate(s) that relates to unrecorded deferred income and social contribution taxes carryforwards deferred.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_TaxEffectOfUnrecordedDeferredIncomeAndSocialContributionTaxesCarryforwardsDeferred</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147276835400">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Income and Social Contribution Taxes - Summary of Tax Incentives (Detail)<br></strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
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<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_BahianaDistribuidoraDeGasLtdaMember', window );">Bahiana Distribuidora De Gas Ltda [member]</a></td>
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<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfIncomeAndSocialContributionTaxesLineItems', window );"><strong>Summary of income and social contribution taxes [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Bahiana Distribuidora de G&#225;s Ltda.<span></span>
</td>
<td class="text">Bahiana Distribuidora de G&#225;s Ltda.<span></span>
</td>
<td class="text">Bahiana Distribuidora de G&#225;s Ltda.<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_BahianaDistribuidoraDeGasLtdaMember', window );">Bahiana Distribuidora De Gas Ltda [member] | Mataripe Base [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfIncomeAndSocialContributionTaxesLineItems', window );"><strong>Summary of income and social contribution taxes [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BusinessUnit', window );">Business Units</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Mataripe base<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncentivePercentage', window );">Incentive - %</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">75.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ExpirationYear', window );">Expiration</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">2024<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_BahianaDistribuidoraDeGasLtdaMember', window );">Bahiana Distribuidora De Gas Ltda [member] | Caucaia Base [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfIncomeAndSocialContributionTaxesLineItems', window );"><strong>Summary of income and social contribution taxes [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BusinessUnit', window );">Business Units</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Caucaia base<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncentivePercentage', window );">Incentive - %</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">75.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ExpirationYear', window );">Expiration</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">2025<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_BahianaDistribuidoraDeGasLtdaMember', window );">Bahiana Distribuidora De Gas Ltda [member] | Juazeiro base [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfIncomeAndSocialContributionTaxesLineItems', window );"><strong>Summary of income and social contribution taxes [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BusinessUnit', window );">Business Units</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Juazeiro base<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncentivePercentage', window );">Incentive - %</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">75.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ExpirationYear', window );">Expiration</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">2026<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_BahianaDistribuidoraDeGasLtdaMember', window );">Bahiana Distribuidora De Gas Ltda [member] | Aracaju Base [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfIncomeAndSocialContributionTaxesLineItems', window );"><strong>Summary of income and social contribution taxes [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BusinessUnit', window );">Business Units</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Aracaju base<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncentivePercentage', window );">Incentive - %</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">75.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ExpirationYear', window );">Expiration</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">2027<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_BahianaDistribuidoraDeGasLtdaMember', window );">Bahiana Distribuidora De Gas Ltda [member] | Suape Base [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfIncomeAndSocialContributionTaxesLineItems', window );"><strong>Summary of income and social contribution taxes [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BusinessUnit', window );">Business Units</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Suape base<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncentivePercentage', window );">Incentive - %</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">75.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ExpirationYear', window );">Expiration</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">2027<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_UltracargoLogisticaSAMember', window );">Ultracargo Log&#237;stica S.A. [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfIncomeAndSocialContributionTaxesLineItems', window );"><strong>Summary of income and social contribution taxes [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">Ultracargo Log&#237;stica S.A.Ultracargo Log&#237;stica S.A.<span></span>
</td>
<td class="text">Ultracargo Log&#237;stica S.A.<span></span>
</td>
<td class="text">Ultracargo Log&#237;stica S.A.<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_UltracargoLogisticaSAMember', window );">Ultracargo Log&#237;stica S.A. [member] | Suape terminal [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfIncomeAndSocialContributionTaxesLineItems', window );"><strong>Summary of income and social contribution taxes [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BusinessUnit', window );">Business Units</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Suape terminal<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncentivePercentage', window );">Incentive - %</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">75.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ExpirationYear', window );">Expiration</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">2030<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_UltracargoLogisticaSAMember', window );">Ultracargo Log&#237;stica S.A. [member] | Aratu Terminal [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfIncomeAndSocialContributionTaxesLineItems', window );"><strong>Summary of income and social contribution taxes [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BusinessUnit', window );">Business Units</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Aratu terminal<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncentivePercentage', window );">Incentive - %</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">75.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ExpirationYear', window );">Expiration</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">2022<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_UltracargoLogisticaSAMember', window );">Ultracargo Log&#237;stica S.A. [member] | Itaqui Terminal [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfIncomeAndSocialContributionTaxesLineItems', window );"><strong>Summary of income and social contribution taxes [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BusinessUnit', window );">Business Units</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Itaqui terminal<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncentivePercentage', window );">Incentive - %</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">75.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ExpirationYear', window );">Expiration</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">2030<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr><td colspan="4"></td></tr>
<tr><td colspan="4"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top"><span style="font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">In April 2021 the name of subsidiary&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Terminal&#160;Qu&#237;mico&#160;de&#160;Aratu&#160;S.A &#8211;&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Tequimar&#160;was changed to&#160;Ultracargo&#160;Log&#237;stica&#160;S.A. (</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#8220;Ultracargo&#160;Log&#237;stica&#8221;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">).</span></span></td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NameOfSubsidiary">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The name of a subsidiary. [Refer: Subsidiaries [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2021-01-01<br> -Paragraph 17<br> -Subparagraph b<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_17_b_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2021-01-01<br> -Paragraph 16<br> -Subparagraph b<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_16_b_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph 12<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_12_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph 19B<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_19B_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NameOfSubsidiary</td>
</tr>
<tr>
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<td><strong> Balance Type:</strong></td>
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<tr>
<td><strong> Period Type:</strong></td>
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</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_BusinessUnit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The name of the business unit.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_BusinessUnit</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ExpirationYear">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The expiration year of tax incentive.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ExpirationYear</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:gYearItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_IncentivePercentage">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The percentage of tax incentive.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_IncentivePercentage</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_SummaryOfIncomeAndSocialContributionTaxesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Summary of income and social contribution taxes.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_SummaryOfIncomeAndSocialContributionTaxesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_BahianaDistribuidoraDeGasLtdaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_BahianaDistribuidoraDeGasLtdaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
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</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=ugp_MataripeBaseMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=ugp_MataripeBaseMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=ugp_CaucaiaBaseMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=ugp_CaucaiaBaseMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=ugp_JuazeiroBaseMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=ugp_JuazeiroBaseMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_UltracargoLogisticaSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<td><strong> Period Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=ugp_SuapeTerminalMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=ugp_AratuTerminalMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=ugp_ItaquiTerminalMember</td>
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<td></td>
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<td>na</td>
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<td><strong> Balance Type:</strong></td>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147273543944">
<tr>
<th class="tl" colspan="2" rowspan="1"><div style="width: 200px;"><strong>Income and Social Contribution Taxes - Summary of deferred income and social contribution tax assets (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsLineItems', window );"><strong>Disclosure of temporary difference, unused tax losses and unused tax credits [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DeferredIncomeAndSocialContributionTaxesTaxLossesAndNegativeBasisForSocialContributionCarryforwards', window );">Tax losses and negative basis for social contribution carryforwards</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 148,345<span></span>
</td>
<td class="nump">R$ 363,862<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=ugp_OnshoreMember', window );">Onshore [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsLineItems', window );"><strong>Disclosure of temporary difference, unused tax losses and unused tax credits [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DeferredIncomeAndSocialContributionTaxesTaxLossesAndNegativeBasisForSocialContributionCarryforwards', window );">Tax losses and negative basis for social contribution carryforwards</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">148,345<span></span>
</td>
<td class="nump">363,862<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NonConstitutedDeferredTaxesRelatedToIncomeTaxLossCarryforwardsAndNegativeBasisOfSocialContributionBase', window );">Tax losses and negative basis for social contribution carryforwards not constituted</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">327,464<span></span>
</td>
<td class="nump">302,842<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_OilTradingImportadoraExportadoraLtdaMember', window );">Oil Trading Importadora e Exportadora Ltda [member] | Onshore [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsLineItems', window );"><strong>Disclosure of temporary difference, unused tax losses and unused tax credits [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DeferredIncomeAndSocialContributionTaxesTaxLossesAndNegativeBasisForSocialContributionCarryforwards', window );">Tax losses and negative basis for social contribution carryforwards</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">53,839<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_UltraparMember', window );">Ultrapar [member] | Onshore [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsLineItems', window );"><strong>Disclosure of temporary difference, unused tax losses and unused tax credits [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DeferredIncomeAndSocialContributionTaxesTaxLossesAndNegativeBasisForSocialContributionCarryforwards', window );">Tax losses and negative basis for social contribution carryforwards</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">43,441<span></span>
</td>
<td class="nump">27,736<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_AbasteceAiMember', window );">Abastece A&#237; [member] | Onshore [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsLineItems', window );"><strong>Disclosure of temporary difference, unused tax losses and unused tax credits [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DeferredIncomeAndSocialContributionTaxesTaxLossesAndNegativeBasisForSocialContributionCarryforwards', window );">Tax losses and negative basis for social contribution carryforwards</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">41,065<span></span>
</td>
<td class="nump">7,362<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_TequimarVilaDoCondeMember', window );">Tequimar Vila do Conde [member] | Onshore [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsLineItems', window );"><strong>Disclosure of temporary difference, unused tax losses and unused tax credits [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DeferredIncomeAndSocialContributionTaxesTaxLossesAndNegativeBasisForSocialContributionCarryforwards', window );">Tax losses and negative basis for social contribution carryforwards</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">9,861<span></span>
</td>
<td class="nump">489<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_UltracargoMember', window );">Ultracargo [member] | Onshore [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsLineItems', window );"><strong>Disclosure of temporary difference, unused tax losses and unused tax credits [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DeferredIncomeAndSocialContributionTaxesTaxLossesAndNegativeBasisForSocialContributionCarryforwards', window );">Tax losses and negative basis for social contribution carryforwards</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">139<span></span>
</td>
<td class="nump">107<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_OxitenoSaMember', window );">Oxiteno S.A. [member] | Onshore [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsLineItems', window );"><strong>Disclosure of temporary difference, unused tax losses and unused tax credits [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DeferredIncomeAndSocialContributionTaxesTaxLossesAndNegativeBasisForSocialContributionCarryforwards', window );">Tax losses and negative basis for social contribution carryforwards</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text"> <span></span>
</td>
<td class="nump">205,604<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_IpirangaMember', window );">Ipiranga [member] | Onshore [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsLineItems', window );"><strong>Disclosure of temporary difference, unused tax losses and unused tax credits [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DeferredIncomeAndSocialContributionTaxesTaxLossesAndNegativeBasisForSocialContributionCarryforwards', window );">Tax losses and negative basis for social contribution carryforwards</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="nump">44,537<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_IconicMember', window );">Iconic [member] | Onshore [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsLineItems', window );"><strong>Disclosure of temporary difference, unused tax losses and unused tax credits [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DeferredIncomeAndSocialContributionTaxesTaxLossesAndNegativeBasisForSocialContributionCarryforwards', window );">Tax losses and negative basis for social contribution carryforwards</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="nump">5,691<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_ExtrafarmaMember', window );">Extrafarma [member] | Onshore [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsLineItems', window );"><strong>Disclosure of temporary difference, unused tax losses and unused tax credits [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DeferredIncomeAndSocialContributionTaxesTaxLossesAndNegativeBasisForSocialContributionCarryforwards', window );">Tax losses and negative basis for social contribution carryforwards</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text"> <span></span>
</td>
<td class="nump">72,318<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NonConstitutedDeferredTaxesRelatedToIncomeTaxLossCarryforwardsAndNegativeBasisOfSocialContributionBase', window );">Tax losses and negative basis for social contribution carryforwards not constituted</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">312,521<span></span>
</td>
<td class="nump">294,400<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_UVCInvestimentosMember', window );">UVC Investimentos [member] | Onshore [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsLineItems', window );"><strong>Disclosure of temporary difference, unused tax losses and unused tax credits [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DeferredIncomeAndSocialContributionTaxesTaxLossesAndNegativeBasisForSocialContributionCarryforwards', window );">Tax losses and negative basis for social contribution carryforwards</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="nump">18<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_IntegraFrotasMember', window );">Integra Frotas [member] | Onshore [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsLineItems', window );"><strong>Disclosure of temporary difference, unused tax losses and unused tax credits [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NonConstitutedDeferredTaxesRelatedToIncomeTaxLossCarryforwardsAndNegativeBasisOfSocialContributionBase', window );">Tax losses and negative basis for social contribution carryforwards not constituted</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">11,769<span></span>
</td>
<td class="nump">7,802<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_MillenniumMember', window );">Millennium [member] | Onshore [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsLineItems', window );"><strong>Disclosure of temporary difference, unused tax losses and unused tax credits [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NonConstitutedDeferredTaxesRelatedToIncomeTaxLossCarryforwardsAndNegativeBasisOfSocialContributionBase', window );">Tax losses and negative basis for social contribution carryforwards not constituted</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 3,174<span></span>
</td>
<td class="nump">R$ 640<span></span>
</td>
</tr>
<tr><td colspan="3"></td></tr>
<tr><td colspan="3"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Considers the amount of R$ 8,510 of deferred taxes recognized on the tax loss of subsidiary&#160;</span>Ultrapar<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;International as of December 31, 2021 (R$ 7,659 as of December 31, 2020).</span></span></td>
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<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">As&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">of</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">&#160;December 31, 2021, the amounts of R$ 247,912 and R$ 72,318, referring to the balances constituted on deferred charges related to IRPJ tax losses and negative CSLL bases for the subsidiaries&#160;Oxiteno&#160;S</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">.</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">A</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">.</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">&#160;and&#160;Extrafarma, respectively, were reclassified to assets held for sale.</span></span></td>
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<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
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<head>
<title></title>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147276553880">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Income and Social Contribution Taxes - Additional Information (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1">12 Months Ended</th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>Sep. 27, 2021</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsLineItems', window );"><strong>Disclosure of temporary difference, unused tax losses and unused tax credits [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DeferredIncomeAndSocialContributionTaxAssets', window );">Deferred income and social contribution taxes</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 688,181<span></span>
</td>
<td class="nump">R$ 1,588,001<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ThresholdAmountOfGrossRevenueForCalculationOfAlternativeMethodOfTaxationForCompanies', window );">Threshold amount of gross revenue for calculation of alternative method of taxation for companies</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 78,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_PercentageOfOperatingRevenuesForCalculationOfAlternativeMethodOfTaxationForCompanies', window );">Percentage of operating revenues for calculation of alternative method of taxation for companies</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">32.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ThresholdPercentageOfTaxableIncomeForIndefiniteExpirationOfTaxLossCarryforwards', window );">Threshold percentage of taxable income for indefinite expiration of tax loss carryforwards</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">30.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DeferredIncomeAndSocialContributionTaxesTaxLossesAndNegativeBasisForSocialContributionCarryforwards', window );">Tax losses and negative basis for social contribution carryforwards</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 148,345<span></span>
</td>
<td class="nump">363,862<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncomeAndSocialContributionTaxBenefitRelatedToMonetaryVariationSelicOnRepetitionOfTaxUnduePayments', window );">Income and social contribution tax benefit related to monetary variation (SELIC) on repetition of tax undue payments</a></td>
<td class="nump">R$ 106,667<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_UltraparInternationalSAMember', window );">Ultrapar International S.A. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsLineItems', window );"><strong>Disclosure of temporary difference, unused tax losses and unused tax credits [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DeferredIncomeAndSocialContributionTaxesTaxLossesAndNegativeBasisForSocialContributionCarryforwards', window );">Tax losses and negative basis for social contribution carryforwards</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">8,510<span></span>
</td>
<td class="nump">R$ 7,659<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_OxitenoSaMember', window );">Oxiteno S.A. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsLineItems', window );"><strong>Disclosure of temporary difference, unused tax losses and unused tax credits [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DeferredIncomeAndSocialContributionTaxesMonetaryVariationFromSpecialSystemForSettlementAndCustodyOnRepetitionOfTaxUnduePaymentsReclassifiedToAssetsHeldForSale', window );">Deferred income and social contribution taxes, tax loss carryforwards reclassified to assets held for sale</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">247,912<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_ExtrafarmaMember', window );">Extrafarma [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsLineItems', window );"><strong>Disclosure of temporary difference, unused tax losses and unused tax credits [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DeferredIncomeAndSocialContributionTaxesMonetaryVariationFromSpecialSystemForSettlementAndCustodyOnRepetitionOfTaxUnduePaymentsReclassifiedToAssetsHeldForSale', window );">Deferred income and social contribution taxes, tax loss carryforwards reclassified to assets held for sale</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">72,318<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_ExtrafarmaOxitenoSAOleoquimicaAndEmcaMember', window );">Extrafarma, Oxiteno S.A., Oleoquimica and EMCA [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsLineItems', window );"><strong>Disclosure of temporary difference, unused tax losses and unused tax credits [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DeferredIncomeAndSocialContributionTaxesMonetaryVariationFromSpecialSystemForSettlementAndCustodyOnRepetitionOfTaxUnduePaymentsReclassifiedToAssetsHeldForSale', window );">Deferred income and social contribution taxes, tax loss carryforwards reclassified to assets held for sale</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 74,243<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsLineItems</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DeferredIncomeAndSocialContributionTaxAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DeferredIncomeAndSocialContributionTaxAssets</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DeferredIncomeAndSocialContributionTaxesMonetaryVariationFromSpecialSystemForSettlementAndCustodyOnRepetitionOfTaxUnduePaymentsReclassifiedToAssetsHeldForSale">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount before allocation of valuation allowances of deferred tax asset attributable to deductible tax losses and negative basis for social contribution carryforwards reclassified to assets held for sale.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DeferredIncomeAndSocialContributionTaxesMonetaryVariationFromSpecialSystemForSettlementAndCustodyOnRepetitionOfTaxUnduePaymentsReclassifiedToAssetsHeldForSale</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
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<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DeferredIncomeAndSocialContributionTaxesTaxLossesAndNegativeBasisForSocialContributionCarryforwards">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount before allocation of valuation allowances of deferred tax asset attributable to deductible tax losses and negative basis for social contribution carryforwards.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DeferredIncomeAndSocialContributionTaxesTaxLossesAndNegativeBasisForSocialContributionCarryforwards</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_IncomeAndSocialContributionTaxBenefitRelatedToMonetaryVariationSelicOnRepetitionOfTaxUnduePayments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of income and social contribution tax benefit related to monetary variation from Special System for Settlement and Custody (&#8220;SELIC&#8221;) on repetition of tax undue payments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_IncomeAndSocialContributionTaxBenefitRelatedToMonetaryVariationSelicOnRepetitionOfTaxUnduePayments</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_PercentageOfOperatingRevenuesForCalculationOfAlternativeMethodOfTaxationForCompanies">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The percentage of operating revenues for calculation of alternative method of taxation for companies.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_PercentageOfOperatingRevenuesForCalculationOfAlternativeMethodOfTaxationForCompanies</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
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<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ThresholdAmountOfGrossRevenueForCalculationOfAlternativeMethodOfTaxationForCompanies">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of threshold gross revenue for calculation of alternative method of taxation for companies.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ThresholdAmountOfGrossRevenueForCalculationOfAlternativeMethodOfTaxationForCompanies</td>
</tr>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>credit</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ThresholdPercentageOfTaxableIncomeForIndefiniteExpirationOfTaxLossCarryforwards">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The percentage of threshold taxable income for indefinite expiration of tax loss carryforwards.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ThresholdPercentageOfTaxableIncomeForIndefiniteExpirationOfTaxLossCarryforwards</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
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</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_UltraparInternationalSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_UltraparInternationalSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_OxitenoSaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_OxitenoSaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_ExtrafarmaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_ExtrafarmaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_ExtrafarmaOxitenoSAOleoquimicaAndEmcaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_ExtrafarmaOxitenoSAOleoquimicaAndEmcaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>148
<FILENAME>R119.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147275961448">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Prepaid Expenses - Summary of Prepaid Expenses (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PrepaymentsAndAccruedIncomeOtherThanContractAssetsAbstract', window );"><strong>Prepayments and accrued income other than contract assets [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_PrepaidRentExpense', window );">Rents</a></td>
<td class="nump">R$ 54,327<span></span>
</td>
<td class="nump">R$ 30,400<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_PrepaidAdvertisingExpense', window );">Advertising and publicity</a></td>
<td class="nump">28,410<span></span>
</td>
<td class="nump">17,752<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_PrepaidDeferredStockPlanExpense', window );">Deferred stock plan, net</a></td>
<td class="nump">4,399<span></span>
</td>
<td class="nump">9,900<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_PrepaidInsuranceExpense', window );">Insurance premiums</a></td>
<td class="nump">26,917<span></span>
</td>
<td class="nump">58,675<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_PrepaidSoftwareMaintenanceExpense', window );">Software maintenance</a></td>
<td class="nump">19,863<span></span>
</td>
<td class="nump">24,233<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_PrepaidEmployeeBenefitsExpense', window );">Employee benefits</a></td>
<td class="nump">8,362<span></span>
</td>
<td class="nump">8,924<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_PrepaidTaxOtherThanIncomeTaxExpense', window );">IPVA and IPTU</a></td>
<td class="nump">1,553<span></span>
</td>
<td class="nump">2,632<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_PrepaidContributionOfPrivatePensionFundExpense', window );">Contribution - private pension fund (see Note 21.a)</a></td>
<td class="nump">19,831<span></span>
</td>
<td class="nump">36,068<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OtherPrepaidExpenses', window );">Other prepaid expenses</a></td>
<td class="nump">5,730<span></span>
</td>
<td class="nump">14,045<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Prepayments', window );">Prepaid expenses</a></td>
<td class="nump">169,392<span></span>
</td>
<td class="nump">202,629<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentPrepaidExpenses', window );">Current</a></td>
<td class="nump">98,024<span></span>
</td>
<td class="nump">132,122<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentPrepayments', window );">Non-current</a></td>
<td class="nump">R$ 71,368<span></span>
</td>
<td class="nump">R$ 70,507<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentPrepaidExpenses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount recognised as a current asset for expenditures made prior to the period when the economic benefit will be realised.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentPrepaidExpenses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentPrepayments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current prepayments. [Refer: Prepayments]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentPrepayments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Prepayments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Receivables that represent amounts paid for goods and services before they have been delivered.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Prepayments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PrepaymentsAndAccruedIncomeOtherThanContractAssetsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PrepaymentsAndAccruedIncomeOtherThanContractAssetsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_OtherPrepaidExpenses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of other receivables that represent amounts paid for goods and services before they have been delivered.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_OtherPrepaidExpenses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_PrepaidAdvertisingExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of Advertising and publicity recognised as a current asset for expenditures made prior to the period when the economic benefit will be realised.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_PrepaidAdvertisingExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_PrepaidContributionOfPrivatePensionFundExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount recognized as an asset for private pension fund contribution made prior to the period when the economic benefit will be realised.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_PrepaidContributionOfPrivatePensionFundExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_PrepaidDeferredStockPlanExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of net deferred stock plan recognized as a current asset for expenditures made prior to the period when the economic benefit will be realised.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_PrepaidDeferredStockPlanExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_PrepaidEmployeeBenefitsExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount recognized as an asset for employee benefits expense made prior to the period when the economic benefit will be realised.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_PrepaidEmployeeBenefitsExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_PrepaidInsuranceExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of Insurance premiums recognised as a current asset for expenditures made prior to the period when the economic benefit will be realised.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_PrepaidInsuranceExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_PrepaidRentExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of Rent recognised as a current asset for expenditures made prior to the period when the economic benefit will be realised.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_PrepaidRentExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_PrepaidSoftwareMaintenanceExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of Software maintenance recognised as a current asset for expenditures made prior to the period when the economic benefit will be realised.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_PrepaidSoftwareMaintenanceExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_PrepaidTaxOtherThanIncomeTaxExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount recognized as an asset for tax other than income tax expense made prior to the period when the economic benefit will be realised.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_PrepaidTaxOtherThanIncomeTaxExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>149
<FILENAME>R120.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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</head>
<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147283343832">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Contractual Assets with Customers - Exclusive Rights - Summary of Contractual Assets with Customers Exclusive Rights Balance and Changes (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ContractAssetsAbstract', window );"><strong>Contract assets [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ContractAssets', window );">Initial balance</a></td>
<td class="nump">R$ 1,706,331<span></span>
</td>
<td class="nump">R$ 1,465,989<span></span>
</td>
<td class="nump">R$ 1,518,477<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughCumulativeCatchupAdjustmentsToRevenueContractAssets', window );">Additions</a></td>
<td class="nump">689,986<span></span>
</td>
<td class="nump">549,085<span></span>
</td>
<td class="nump">330,068<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughImpairmentContractAssets', window );">Amortization</a></td>
<td class="num">(282,521)<span></span>
</td>
<td class="num">(289,436)<span></span>
</td>
<td class="num">(355,250)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DecreaseThroughTransferOfContractAssets', window );">Transfer</a></td>
<td class="num">(34,570)<span></span>
</td>
<td class="num">(19,307)<span></span>
</td>
<td class="num">(27,306)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ContractAssets', window );">Final balance</a></td>
<td class="nump">2,079,226<span></span>
</td>
<td class="nump">1,706,331<span></span>
</td>
<td class="nump">R$ 1,465,989<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentContractAssets', window );">Current</a></td>
<td class="nump">555,052<span></span>
</td>
<td class="nump">478,908<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentContractAssets', window );">Non-current</a></td>
<td class="nump">R$ 1,524,174<span></span>
</td>
<td class="nump">R$ 1,227,423<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ContractAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of an entity&#8217;s right to consideration in exchange for goods or services that the entity has transferred to a customer, when that right is conditioned on something other than the passage of time (for example, the entity&#8217;s future performance).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 15<br> -IssueDate 2021-01-01<br> -Paragraph 105<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=15&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_105&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 15<br> -IssueDate 2021-01-01<br> -Paragraph 116<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=15&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_116_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ContractAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ContractAssetsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ContractAssetsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentContractAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current contract assets. [Refer: Contract assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 15<br> -IssueDate 2021-01-01<br> -Paragraph 105<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=15&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_105&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentContractAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DecreaseThroughImpairmentContractAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The decrease in contract assets resulting from impairment. [Refer: Contract assets; Impairment loss]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 15<br> -IssueDate 2021-01-01<br> -Paragraph 118<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=15&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_118_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DecreaseThroughImpairmentContractAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughCumulativeCatchupAdjustmentsToRevenueContractAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in contract assets resulting from cumulative catch-up adjustments to revenue. [Refer: Contract assets; Revenue from contracts with customers]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 15<br> -IssueDate 2021-01-01<br> -Paragraph 118<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=15&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_118_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughCumulativeCatchupAdjustmentsToRevenueContractAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentContractAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current contract assets. [Refer: Contract assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 15<br> -IssueDate 2021-01-01<br> -Paragraph 105<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=15&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_105&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentContractAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DecreaseThroughTransferOfContractAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The decrease in contract assets resulting from transfers.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DecreaseThroughTransferOfContractAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>150
<FILENAME>R121.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147279371544">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Investments - Summary of reconciliation of share of profit (loss) of subsidiaries, joint ventures and associates (Details) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsAccountedForUsingEquityMethodAbstract', window );"><strong>Investments accounted for using equity method [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod', window );">Joint ventures</a></td>
<td class="num">R$ (18,068)<span></span>
</td>
<td class="num">R$ (45,812)<span></span>
</td>
<td class="num">R$ (14,463)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod', window );">Associates</a></td>
<td class="nump">434<span></span>
</td>
<td class="nump">1,781<span></span>
</td>
<td class="nump">1,754<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of profit (loss) of joint ventures and associates</a></td>
<td class="num">R$ (17,634)<span></span>
</td>
<td class="num">R$ (44,031)<span></span>
</td>
<td class="num">R$ (12,709)<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InvestmentsAccountedForUsingEquityMethodAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InvestmentsAccountedForUsingEquityMethodAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entity's share of the profit (loss) of associates accounted for using the equity method. [Refer: Associates [member]; Investments accounted for using equity method; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entity's share of the profit (loss) of associates and joint ventures accounted for using the equity method. [Refer: Associates [member]; Investments accounted for using equity method; Joint ventures [member]; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 23<br> -Subparagraph g<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_23_g&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 28<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_28_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective on first application of IFRS 9<br> -Name IFRS<br> -Number 4<br> -IssueDate 2021-01-01<br> -Paragraph 39M<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=4&amp;code=ifrs-tx-2021-en-b&amp;anchor=para_39M_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 82<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_82_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entity's share of the profit (loss) of joint ventures accounted for using the equity method. [Refer: Investments accounted for using equity method; Joint ventures [member]; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>151
<FILENAME>R122.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147268543272">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Investment - Summary of Balances and Changes in Joint Ventures (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfJointVenturesLineItems', window );"><strong>Disclosure of joint ventures [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsInJointVenturesAccountedForUsingEquityMethod', window );">Joint ventures, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 139,100<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod', window );">Share of profit (loss) of joint ventures</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">18,068<span></span>
</td>
<td class="nump">R$ 45,812<span></span>
</td>
<td class="nump">R$ 14,463<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures', window );">Transfer to (from) provision for liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(2,096)<span></span>
</td>
<td class="nump">2,096<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsInJointVenturesAccountedForUsingEquityMethod', window );">Joint ventures, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">71,389<span></span>
</td>
<td class="nump">139,100<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_JointVenturesAxis=ugp_UniaoVopakMember', window );">Uniao vopak [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfJointVenturesLineItems', window );"><strong>Disclosure of joint ventures [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsInJointVenturesAccountedForUsingEquityMethod', window );">Joint ventures, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">7,734<span></span>
</td>
<td class="nump">7,342<span></span>
</td>
<td class="nump">7,446<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CapitalIncreaseJointVentures', window );">Capital increase</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CapitalReductionJointVentures', window );">Capital decrease</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures', window );">Other reserves</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsReceived', window );">Proposed dividends</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="num">(1,474)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughActuarialGainLossOfPostEmploymentBenefitsInvestmentsInJointVentures', window );">Actuarial gain of post-employment benefits</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughChangesOfInvestmentsFromShareholderTransactionInvestmentsInJointVentures', window );">Shareholder transaction &#8211; changes of investments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod', window );">Share of profit (loss) of joint ventures</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">602<span></span>
</td>
<td class="nump">392<span></span>
</td>
<td class="nump">1,370<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DecreaseThroughDispositionOfInvestmentInJointVentures', window );">Disposition of investment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures', window );">Transfer to (from) provision for liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsInJointVenturesAccountedForUsingEquityMethod', window );">Joint ventures, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">8,336<span></span>
</td>
<td class="nump">7,734<span></span>
</td>
<td class="nump">7,342<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_JointVenturesAxis=ugp_RPRMember', window );">Rpr [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfJointVenturesLineItems', window );"><strong>Disclosure of joint ventures [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsInJointVenturesAccountedForUsingEquityMethod', window );">Joint ventures, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">18,792<span></span>
</td>
<td class="nump">20,118<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CapitalIncreaseJointVentures', window );">Capital increase</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CapitalReductionJointVentures', window );">Capital decrease</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures', window );">Other reserves</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">99<span></span>
</td>
<td class="nump">1,065<span></span>
</td>
<td class="num">(7,771)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsReceived', window );">Proposed dividends</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(165)<span></span>
</td>
<td class="num">(4,295)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughActuarialGainLossOfPostEmploymentBenefitsInvestmentsInJointVentures', window );">Actuarial gain of post-employment benefits</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">5,723<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughChangesOfInvestmentsFromShareholderTransactionInvestmentsInJointVentures', window );">Shareholder transaction &#8211; changes of investments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod', window );">Share of profit (loss) of joint ventures</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">822<span></span>
</td>
<td class="num">(21,788)<span></span>
</td>
<td class="nump">10,740<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DecreaseThroughDispositionOfInvestmentInJointVentures', window );">Disposition of investment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures', window );">Transfer to (from) provision for liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(2,096)<span></span>
</td>
<td class="nump">2,096<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsInJointVenturesAccountedForUsingEquityMethod', window );">Joint ventures, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">4,548<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">18,792<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_JointVenturesAxis=ugp_ConnectCarMember', window );">Connect car [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfJointVenturesLineItems', window );"><strong>Disclosure of joint ventures [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsInJointVenturesAccountedForUsingEquityMethod', window );">Joint ventures, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">81,180<span></span>
</td>
<td class="nump">82,818<span></span>
</td>
<td class="nump">74,390<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CapitalIncreaseJointVentures', window );">Capital increase</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">15,000<span></span>
</td>
<td class="nump">20,000<span></span>
</td>
<td class="nump">35,000<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CapitalReductionJointVentures', window );">Capital decrease</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures', window );">Other reserves</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsReceived', window );">Proposed dividends</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughActuarialGainLossOfPostEmploymentBenefitsInvestmentsInJointVentures', window );">Actuarial gain of post-employment benefits</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughChangesOfInvestmentsFromShareholderTransactionInvestmentsInJointVentures', window );">Shareholder transaction &#8211; changes of investments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod', window );">Share of profit (loss) of joint ventures</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(18,081)<span></span>
</td>
<td class="num">(21,638)<span></span>
</td>
<td class="num">(26,572)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DecreaseThroughDispositionOfInvestmentInJointVentures', window );">Disposition of investment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(78,099)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures', window );">Transfer to (from) provision for liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsInJointVenturesAccountedForUsingEquityMethod', window );">Joint ventures, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">81,180<span></span>
</td>
<td class="nump">82,818<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_JointVenturesAxis=ugp_LatitudeLogsticaMember', window );">Latitude Log&#237;stica [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfJointVenturesLineItems', window );"><strong>Disclosure of joint ventures [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsInJointVenturesAccountedForUsingEquityMethod', window );">Joint ventures, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">10,351<span></span>
</td>
<td class="nump">10,351<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CapitalIncreaseJointVentures', window );">Capital increase</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">5,001<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">10,351<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CapitalReductionJointVentures', window );">Capital decrease</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(5,001)<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures', window );">Other reserves</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsReceived', window );">Proposed dividends</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughActuarialGainLossOfPostEmploymentBenefitsInvestmentsInJointVentures', window );">Actuarial gain of post-employment benefits</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughChangesOfInvestmentsFromShareholderTransactionInvestmentsInJointVentures', window );">Shareholder transaction &#8211; changes of investments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(966)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod', window );">Share of profit (loss) of joint ventures</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">593<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DecreaseThroughDispositionOfInvestmentInJointVentures', window );">Disposition of investment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures', window );">Transfer to (from) provision for liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsInJointVenturesAccountedForUsingEquityMethod', window );">Joint ventures, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">9,978<span></span>
</td>
<td class="nump">10,351<span></span>
</td>
<td class="nump">10,351<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_JointVenturesAxis=ugp_NavegantesLogsticaMember', window );">Navegantes Log&#237;stica [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfJointVenturesLineItems', window );"><strong>Disclosure of joint ventures [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsInJointVenturesAccountedForUsingEquityMethod', window );">Joint ventures, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">21,624<span></span>
</td>
<td class="nump">23,581<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CapitalIncreaseJointVentures', window );">Capital increase</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,697<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">23,581<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CapitalReductionJointVentures', window );">Capital decrease</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="num">(363)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures', window );">Other reserves</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsReceived', window );">Proposed dividends</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughActuarialGainLossOfPostEmploymentBenefitsInvestmentsInJointVentures', window );">Actuarial gain of post-employment benefits</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughChangesOfInvestmentsFromShareholderTransactionInvestmentsInJointVentures', window );">Shareholder transaction &#8211; changes of investments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod', window );">Share of profit (loss) of joint ventures</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(3,032)<span></span>
</td>
<td class="num">(1,594)<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DecreaseThroughDispositionOfInvestmentInJointVentures', window );">Disposition of investment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures', window );">Transfer to (from) provision for liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsInJointVenturesAccountedForUsingEquityMethod', window );">Joint ventures, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">22,289<span></span>
</td>
<td class="nump">21,624<span></span>
</td>
<td class="nump">23,581<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_JointVenturesAxis=ugp_NordesteLogsticaIMember', window );">Nordeste Log&#237;stica I [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfJointVenturesLineItems', window );"><strong>Disclosure of joint ventures [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsInJointVenturesAccountedForUsingEquityMethod', window );">Joint ventures, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">824<span></span>
</td>
<td class="nump">1,930<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CapitalIncreaseJointVentures', window );">Capital increase</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">303<span></span>
</td>
<td class="nump">1,930<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CapitalReductionJointVentures', window );">Capital decrease</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures', window );">Other reserves</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsReceived', window );">Proposed dividends</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughActuarialGainLossOfPostEmploymentBenefitsInvestmentsInJointVentures', window );">Actuarial gain of post-employment benefits</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughChangesOfInvestmentsFromShareholderTransactionInvestmentsInJointVentures', window );">Shareholder transaction &#8211; changes of investments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod', window );">Share of profit (loss) of joint ventures</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,592<span></span>
</td>
<td class="num">(1,409)<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DecreaseThroughDispositionOfInvestmentInJointVentures', window );">Disposition of investment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures', window );">Transfer to (from) provision for liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsInJointVenturesAccountedForUsingEquityMethod', window );">Joint ventures, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,416<span></span>
</td>
<td class="nump">824<span></span>
</td>
<td class="nump">1,930<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_JointVenturesAxis=ugp_NordesteLogsticaIIMember', window );">Nordeste Log&#237;stica II [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfJointVenturesLineItems', window );"><strong>Disclosure of joint ventures [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsInJointVenturesAccountedForUsingEquityMethod', window );">Joint ventures, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">7,676<span></span>
</td>
<td class="nump">4,183<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CapitalIncreaseJointVentures', window );">Capital increase</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">6,399<span></span>
</td>
<td class="nump">3,894<span></span>
</td>
<td class="nump">4,183<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CapitalReductionJointVentures', window );">Capital decrease</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures', window );">Other reserves</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsReceived', window );">Proposed dividends</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughActuarialGainLossOfPostEmploymentBenefitsInvestmentsInJointVentures', window );">Actuarial gain of post-employment benefits</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughChangesOfInvestmentsFromShareholderTransactionInvestmentsInJointVentures', window );">Shareholder transaction &#8211; changes of investments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod', window );">Share of profit (loss) of joint ventures</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(819)<span></span>
</td>
<td class="num">(401)<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DecreaseThroughDispositionOfInvestmentInJointVentures', window );">Disposition of investment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures', window );">Transfer to (from) provision for liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsInJointVenturesAccountedForUsingEquityMethod', window );">Joint ventures, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">13,256<span></span>
</td>
<td class="nump">7,676<span></span>
</td>
<td class="nump">4,183<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_JointVenturesAxis=ugp_NordesteLogsticaIIIMember', window );">Nordeste Log&#237;stica III [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfJointVenturesLineItems', window );"><strong>Disclosure of joint ventures [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsInJointVenturesAccountedForUsingEquityMethod', window );">Joint ventures, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">9,711<span></span>
</td>
<td class="nump">4,079<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CapitalIncreaseJointVentures', window );">Capital increase</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">600<span></span>
</td>
<td class="nump">5,006<span></span>
</td>
<td class="nump">4,079<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CapitalReductionJointVentures', window );">Capital decrease</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures', window );">Other reserves</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsReceived', window );">Proposed dividends</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughActuarialGainLossOfPostEmploymentBenefitsInvestmentsInJointVentures', window );">Actuarial gain of post-employment benefits</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughChangesOfInvestmentsFromShareholderTransactionInvestmentsInJointVentures', window );">Shareholder transaction &#8211; changes of investments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod', window );">Share of profit (loss) of joint ventures</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">255<span></span>
</td>
<td class="nump">626<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DecreaseThroughDispositionOfInvestmentInJointVentures', window );">Disposition of investment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures', window );">Transfer to (from) provision for liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsInJointVenturesAccountedForUsingEquityMethod', window );">Joint ventures, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">10,566<span></span>
</td>
<td class="nump">9,711<span></span>
</td>
<td class="nump">4,079<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_JointVenturesAxis=ifrs-full_JointVenturesMember', window );">Joint ventures [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfJointVenturesLineItems', window );"><strong>Disclosure of joint ventures [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsInJointVenturesAccountedForUsingEquityMethod', window );">Joint ventures, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">139,100<span></span>
</td>
<td class="nump">153,076<span></span>
</td>
<td class="nump">101,954<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CapitalIncreaseJointVentures', window );">Capital increase</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">30,697<span></span>
</td>
<td class="nump">29,203<span></span>
</td>
<td class="nump">79,124<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CapitalReductionJointVentures', window );">Capital decrease</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">5,001<span></span>
</td>
<td class="nump">363<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures', window );">Other reserves</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">99<span></span>
</td>
<td class="nump">1,065<span></span>
</td>
<td class="num">(7,771)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsReceived', window );">Proposed dividends</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(165)<span></span>
</td>
<td class="num">(5,769)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughActuarialGainLossOfPostEmploymentBenefitsInvestmentsInJointVentures', window );">Actuarial gain of post-employment benefits</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">5,723<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughChangesOfInvestmentsFromShareholderTransactionInvestmentsInJointVentures', window );">Shareholder transaction &#8211; changes of investments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(966)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod', window );">Share of profit (loss) of joint ventures</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">18,068<span></span>
</td>
<td class="nump">45,812<span></span>
</td>
<td class="nump">14,462<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DecreaseThroughDispositionOfInvestmentInJointVentures', window );">Disposition of investment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(78,099)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures', window );">Transfer to (from) provision for liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(2,096)<span></span>
</td>
<td class="nump">2,096<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsInJointVenturesAccountedForUsingEquityMethod', window );">Joint ventures, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 71,389<span></span>
</td>
<td class="nump">R$ 139,100<span></span>
</td>
<td class="nump">R$ 153,076<span></span>
</td>
</tr>
<tr><td colspan="4"></td></tr>
<tr><td colspan="4"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Refers to reimbursement of expenses that preceded the port area auctions and that were apportioned among the other members of the consortium.</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfJointVenturesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfJointVenturesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DividendsReceived">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of dividends received.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B12<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B12_a&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DividendsReceived</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InvestmentsInJointVenturesAccountedForUsingEquityMethod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of investments in joint ventures accounted for using the equity method. [Refer: Joint ventures [member]; Investments accounted for using equity method]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InvestmentsInJointVenturesAccountedForUsingEquityMethod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entity's share of the profit (loss) of joint ventures accounted for using the equity method. [Refer: Investments accounted for using equity method; Joint ventures [member]; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_CapitalIncreaseJointVentures">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of increase in capital of joint ventures.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_CapitalIncreaseJointVentures</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_CapitalReductionJointVentures">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of capital reduction in joint ventures.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_CapitalReductionJointVentures</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DecreaseThroughDispositionOfInvestmentInJointVentures">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The decrease in investments in joint ventures resulting from disposition of investment.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DecreaseThroughDispositionOfInvestmentInJointVentures</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_IncreaseDecreaseThroughActuarialGainLossOfPostEmploymentBenefitsInvestmentsInJointVentures">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in investments in joint ventures resulting from actuarial gain (loss) of post-employment benefits.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_IncreaseDecreaseThroughActuarialGainLossOfPostEmploymentBenefitsInvestmentsInJointVentures</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_IncreaseDecreaseThroughChangesOfInvestmentsFromShareholderTransactionInvestmentsInJointVentures">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in investments in joint ventures resulting from changes of investments from shareholder transaction.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_IncreaseDecreaseThroughChangesOfInvestmentsFromShareholderTransactionInvestmentsInJointVentures</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in investments in joint ventures resulting from other reserves.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_IncreaseDecreaseThroughOtherReservesInvestmentsInJointVentures</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in investments in joint ventures resulting from transfer to (from) provision for short-term liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointVenturesAxis=ugp_UniaoVopakMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointVenturesAxis=ugp_UniaoVopakMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointVenturesAxis=ugp_RPRMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointVenturesAxis=ugp_RPRMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointVenturesAxis=ugp_ConnectCarMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointVenturesAxis=ugp_ConnectCarMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointVenturesAxis=ugp_LatitudeLogsticaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointVenturesAxis=ugp_LatitudeLogsticaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointVenturesAxis=ugp_NavegantesLogsticaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointVenturesAxis=ugp_NavegantesLogsticaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointVenturesAxis=ugp_NordesteLogsticaIMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointVenturesAxis=ugp_NordesteLogsticaIMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointVenturesAxis=ugp_NordesteLogsticaIIMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointVenturesAxis=ugp_NordesteLogsticaIIMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointVenturesAxis=ugp_NordesteLogsticaIIIMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointVenturesAxis=ugp_NordesteLogsticaIIIMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointVenturesAxis=ifrs-full_JointVenturesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointVenturesAxis=ifrs-full_JointVenturesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>152
<FILENAME>R123.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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</head>
<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147276062232">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Investment - Summary of provision for short-term liabilities (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsAccountedForUsingEquityMethodAbstract', window );"><strong>Investments accounted for using equity method [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NonCurrentProvisionForShortTermLiabilitiesOfJointVenture', window );">Ending balance</a></td>
<td class="nump">R$ 2,096<span></span>
</td>
<td class="nump">R$ 0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures', window );">Transfer to (from) provision for liabilities</a></td>
<td class="num">(2,096)<span></span>
</td>
<td class="nump">2,096<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NonCurrentProvisionForShortTermLiabilitiesOfJointVenture', window );">Balance as of December 31, 2020</a></td>
<td class="nump">R$ 0<span></span>
</td>
<td class="nump">R$ 2,096<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InvestmentsAccountedForUsingEquityMethodAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InvestmentsAccountedForUsingEquityMethodAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in investments in joint ventures resulting from transfer to (from) provision for short-term liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_NonCurrentProvisionForShortTermLiabilitiesOfJointVenture">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current provision for short-term liabilities of joint venture.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_NonCurrentProvisionForShortTermLiabilitiesOfJointVenture</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>153
<FILENAME>R124.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
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</head>
<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147272327544">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Investment - Summary of Amounts of Financial Position and Income Statements of Profit or Loss of Joint Ventures (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="6">12 Months Ended</th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th" colspan="2"><div>Dec. 31, 2021</div></th>
<th class="th" colspan="2"><div>Dec. 31, 2020</div></th>
<th class="th" colspan="2"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfJointVenturesLineItems', window );"><strong>Disclosure of joint ventures [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Current assets</a></td>
<td class="nump">R$ 25,024,181<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 17,489,071<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Non-current assets</a></td>
<td class="nump">13,986,176<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">18,761,091<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Current liabilities</a></td>
<td class="nump">12,640,230<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">9,240,841<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Non-current liabilities</a></td>
<td class="nump">15,900,887<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">17,099,056<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Equity</a></td>
<td class="nump">10,469,240<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">9,910,265<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 9,835,175<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 9,800,029<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenue from sales and services</a></td>
<td class="nump">109,732,842<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">74,058,056<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">83,004,729<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Costs, operating expenses and income</a></td>
<td class="nump">96,166<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">64,034<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">140,029<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Profit from continuing operations</a></td>
<td class="nump">883,878<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">927,697<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">402,944<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_JointVenturesAxis=ugp_UniaoVopakMember', window );">Uniao vopak [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfJointVenturesLineItems', window );"><strong>Disclosure of joint ventures [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Current assets</a></td>
<td class="nump">10,068<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">8,510<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Non-current assets</a></td>
<td class="nump">9,696<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">9,796<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Current liabilities</a></td>
<td class="nump">2,824<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,698<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Non-current liabilities</a></td>
<td class="nump">268<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">140<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Equity</a></td>
<td class="nump">16,672<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">15,468<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenue from sales and services</a></td>
<td class="nump">17,660<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">15,666<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">15,400<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Costs, operating expenses and income</a></td>
<td class="num">(16,144)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(14,408)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(12,083)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NetFinancialIncomeAndIncomeAndSocialContributionTaxes', window );">Net financial income and income and social contribution taxes</a></td>
<td class="num">(312)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(474)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(577)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Profit from continuing operations</a></td>
<td class="nump">R$ 1,204<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 784<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 2,740<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NumberOfSharesOrUnitsHeld', window );">Number of shares or units held</a></td>
<td class="nump">29,995<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">29,995<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">29,995<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInJointVenture', window );">% of capital held</a></td>
<td class="nump">50.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">50.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">50.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_JointVenturesAxis=ugp_RPRMember', window );">Rpr [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfJointVenturesLineItems', window );"><strong>Disclosure of joint ventures [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Current assets</a></td>
<td class="nump">R$ 273,029<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 291,720<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Non-current assets</a></td>
<td class="nump">179,652<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">171,270<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Current liabilities</a></td>
<td class="nump">354,001<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">363,388<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Non-current liabilities</a></td>
<td class="nump">84,980<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">105,912<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Equity</a></td>
<td class="nump">13,700<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(6,310)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenue from sales and services</a></td>
<td class="nump">2,092,786<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,455,668<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 2,156,432<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Costs, operating expenses and income</a></td>
<td class="num">(2,105,544)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,531,652)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(2,130,323)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NetFinancialIncomeAndIncomeAndSocialContributionTaxes', window );">Net financial income and income and social contribution taxes</a></td>
<td class="nump">15,235<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">10,361<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">6,237<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Profit from continuing operations</a></td>
<td class="nump">R$ 2,477<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">R$ (65,623)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 32,346<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NumberOfSharesOrUnitsHeld', window );">Number of shares or units held</a></td>
<td class="nump">5,078,888<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">5,078,888<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">5,078,888<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInJointVenture', window );">% of capital held</a></td>
<td class="nump">33.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">33.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">33.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_JointVenturesAxis=ugp_ConnectCarMember', window );">Connect car [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfJointVenturesLineItems', window );"><strong>Disclosure of joint ventures [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Current assets</a></td>
<td class="nump">R$ 171,894<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">R$ 161,371<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Non-current assets</a></td>
<td class="nump">177,217<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">169,843<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Current liabilities</a></td>
<td class="nump">174,030<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">168,854<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Non-current liabilities</a></td>
<td class="nump">18,883<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Equity</a></td>
<td class="nump">156,198<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">162,360<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenue from sales and services</a></td>
<td class="nump">60,436<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">91,096<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 80,387<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Costs, operating expenses and income</a></td>
<td class="num">(97,095)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(134,961)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(136,764)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NetFinancialIncomeAndIncomeAndSocialContributionTaxes', window );">Net financial income and income and social contribution taxes</a></td>
<td class="nump">497<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">589<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">3,234<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Profit from continuing operations</a></td>
<td class="num">R$ (36,162)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">R$ (43,276)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">R$ (53,143)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NumberOfSharesOrUnitsHeld', window );">Number of shares or units held</a></td>
<td class="nump">263,768,000<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">248,768,000<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">228,768,000<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInJointVenture', window );">% of capital held</a></td>
<td class="nump">50.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">50.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">50.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_JointVenturesAxis=ugp_LatitudeLogsticaMember', window );">Latitude Log&#237;stica [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfJointVenturesLineItems', window );"><strong>Disclosure of joint ventures [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Current assets</a></td>
<td class="nump">R$ 18,798<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Non-current assets</a></td>
<td class="nump">50,215<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Current liabilities</a></td>
<td class="nump">9,151<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Non-current liabilities</a></td>
<td class="nump">39,906<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Equity</a></td>
<td class="nump">19,956<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenue from sales and services</a></td>
<td class="nump">5,895<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Costs, operating expenses and income</a></td>
<td class="num">(2,591)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NetFinancialIncomeAndIncomeAndSocialContributionTaxes', window );">Net financial income and income and social contribution taxes</a></td>
<td class="num">(2,118)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Profit from continuing operations</a></td>
<td class="nump">R$ 1,186<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NumberOfSharesOrUnitsHeld', window );">Number of shares or units held</a></td>
<td class="nump">4,383,881<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInJointVenture', window );">% of capital held</a></td>
<td class="nump">50.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_JointVenturesAxis=ugp_NavegantesLogsticaMember', window );">Navegantes Log&#237;stica [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfJointVenturesLineItems', window );"><strong>Disclosure of joint ventures [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Current assets</a></td>
<td class="nump">R$ 5,393<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 24,691<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Non-current assets</a></td>
<td class="nump">167,170<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">166,389<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Current liabilities</a></td>
<td class="nump">256<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">8<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Non-current liabilities</a></td>
<td class="nump">105,440<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">126,201<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Equity</a></td>
<td class="nump">66,867<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">64,871<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenue from sales and services</a></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Costs, operating expenses and income</a></td>
<td class="num">(1,579)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(3,480)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NetFinancialIncomeAndIncomeAndSocialContributionTaxes', window );">Net financial income and income and social contribution taxes</a></td>
<td class="num">(7,517)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,301)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Profit from continuing operations</a></td>
<td class="num">R$ (9,096)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">R$ (4,781)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NumberOfSharesOrUnitsHeld', window );">Number of shares or units held</a></td>
<td class="nump">22,298,195<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">22,298,195<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInJointVenture', window );">% of capital held</a></td>
<td class="nump">33.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">33.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_JointVenturesAxis=ugp_NordesteLogsticaIMember', window );">Nordeste Log&#237;stica I [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfJointVenturesLineItems', window );"><strong>Disclosure of joint ventures [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Current assets</a></td>
<td class="nump">R$ 52,022<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 972<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Non-current assets</a></td>
<td class="nump">18,346<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">6,021<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Current liabilities</a></td>
<td class="nump">46,615<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">4<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Non-current liabilities</a></td>
<td class="nump">16,504<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">4,516<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Equity</a></td>
<td class="nump">7,249<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,473<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenue from sales and services</a></td>
<td class="nump">11,625<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Costs, operating expenses and income</a></td>
<td class="num">(3,260)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(4,225)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NetFinancialIncomeAndIncomeAndSocialContributionTaxes', window );">Net financial income and income and social contribution taxes</a></td>
<td class="num">(3,589)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Profit from continuing operations</a></td>
<td class="nump">R$ 4,776<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">R$ (4,226)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NumberOfSharesOrUnitsHeld', window );">Number of shares or units held</a></td>
<td class="nump">681,637<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">681,637<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInJointVenture', window );">% of capital held</a></td>
<td class="nump">33.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">33.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_JointVenturesAxis=ugp_NordesteLogsticaIIMember', window );">Nordeste Log&#237;stica II [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfJointVenturesLineItems', window );"><strong>Disclosure of joint ventures [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Current assets</a></td>
<td class="nump">R$ 36,958<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 18,531<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Non-current assets</a></td>
<td class="nump">17,279<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">18,005<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Current liabilities</a></td>
<td class="nump">1,418<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">5<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Non-current liabilities</a></td>
<td class="nump">13,052<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">13,504<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Equity</a></td>
<td class="nump">39,767<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">23,027<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenue from sales and services</a></td>
<td class="nump">2,016<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Costs, operating expenses and income</a></td>
<td class="num">(3,980)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,203)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NetFinancialIncomeAndIncomeAndSocialContributionTaxes', window );">Net financial income and income and social contribution taxes</a></td>
<td class="num">(494)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Profit from continuing operations</a></td>
<td class="num">R$ (2,458)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">R$ (1,203)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NumberOfSharesOrUnitsHeld', window );">Number of shares or units held</a></td>
<td class="nump">3,933,265<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">3,933,265<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInJointVenture', window );">% of capital held</a></td>
<td class="nump">33.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">33.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_JointVenturesAxis=ugp_NordesteLogsticaIIIMember', window );">Nordeste Log&#237;stica III [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfJointVenturesLineItems', window );"><strong>Disclosure of joint ventures [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Current assets</a></td>
<td class="nump">R$ 17,458<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 21,513<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Non-current assets</a></td>
<td class="nump">49,439<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">30,503<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Current liabilities</a></td>
<td class="nump">13,960<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">6<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Non-current liabilities</a></td>
<td class="nump">21,239<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">22,877<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Equity</a></td>
<td class="nump">31,698<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">29,133<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenue from sales and services</a></td>
<td class="nump">7,561<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Costs, operating expenses and income</a></td>
<td class="num">(5,030)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,878<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NetFinancialIncomeAndIncomeAndSocialContributionTaxes', window );">Net financial income and income and social contribution taxes</a></td>
<td class="num">(1,765)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Profit from continuing operations</a></td>
<td class="nump">R$ 766<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 1,878<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NumberOfSharesOrUnitsHeld', window );">Number of shares or units held</a></td>
<td class="nump">4,871,241<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">4,871,241<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInJointVenture', window );">% of capital held</a></td>
<td class="nump">33.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">33.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr><td colspan="8"></td></tr>
<tr><td colspan="8"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">For further information see Note <span style="border-left: none; border-right: none;">3</span>.c.<span style="border-left: none; border-right: none;">3</span>.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top">The balances presented refer to September 30, 2021, due to the completion of the sale of ConectCar on October 1, 2021, for further details see note <span>13</span>.<span style="font-family: 'Times New Roman';">a</span><span style="font-family: 'Times New Roman';">.<span>1</span>.</span></td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of assets that the entity (a) expects to realise or intends to sell or consume in its normal operating cycle; (b) holds primarily for the purpose of trading; (c) expects to realise within twelve months after the reporting period; or (d) classifies as cash or cash equivalents (as defined in IAS 7) unless the asset is restricted from being exchanged or used to settle a liability for at least twelve months after the reporting period. [Refer: Assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B12_b_i&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 66<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Expiry date 2023-01-01: The amount of liabilities that: (a) the entity expects to settle in its normal operating cycle; (b) the entity holds primarily for the purpose of trading; (c) are due to be settled within twelve months after the reporting period; or (d) the entity does not have an unconditional right to defer settlement for at least twelve months after the reporting period.
Effective 2023-01-01: The amount of liabilities that: (a) the entity expects to settle in its normal operating cycle; (b) the entity holds primarily for the purpose of trading; (c) are due to be settled within twelve months after the reporting period; or (d) the entity does not have the right at the end of the reporting period to defer settlement for at least twelve months after the reporting period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B12_b_iii&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 69<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_69&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfJointVenturesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfJointVenturesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Equity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of residual interest in the assets of the entity after deducting all its liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 24<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_24_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_32_a_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2021-01-01<br> -Paragraph 93<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_93_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2021-01-01<br> -Paragraph 93<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_93_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2021-01-01<br> -Paragraph 93<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_93_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Equity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of assets that do not meet the definition of current assets. [Refer: Current assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 66<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B12_b_ii&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities that do not meet the definition of current liabilities. [Refer: Current liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause iv<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B12_b_iv&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 69<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_69&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherOperatingIncomeExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of operating income (expense) that the entity does not separately disclose in the same statement or note.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherOperatingIncomeExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 18<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_18_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_32_a_ii&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 28<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective on first application of IFRS 9<br> -Name IFRS<br> -Number 4<br> -IssueDate 2021-01-01<br> -Paragraph 39L<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=4&amp;code=ifrs-tx-2021-en-b&amp;anchor=para_39L_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 7: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective 2023-01-01<br> -Name IFRS<br> -Number 17<br> -IssueDate 2021-01-01<br> -Paragraph 113<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=17&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_113_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 8: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_106_d_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 81A<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_81A_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProportionOfOwnershipInterestInJointVenture">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The proportion of ownership interest in a joint venture attributable to the entity. [Refer: Joint ventures [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2021-01-01<br> -Paragraph 17<br> -Subparagraph b<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_17_b_iii&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2021-01-01<br> -Paragraph 16<br> -Subparagraph b<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_16_b_iii&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph 21<br> -Subparagraph a<br> -Clause iv<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_21_a_iv&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProportionOfOwnershipInterestInJointVenture</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Revenue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The income arising in the course of an entity's ordinary activities. Income is increases in assets, or decreases in liabilities, that result in increases in equity, other than those relating to contributions from holders of equity claims.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 28<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_28_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 23<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_23_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 32<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_32&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 33<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_33_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 34<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_34&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 82<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_82_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 7: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 8: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 102<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2021-01-01<br> -Paragraph 33<br> -Subparagraph b<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=5&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_33_b_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause v<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B12_b_v&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 11: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Revenue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_NetFinancialIncomeAndIncomeAndSocialContributionTaxes">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of net financial income and income and social contribution taxes.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_NetFinancialIncomeAndIncomeAndSocialContributionTaxes</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_NumberOfSharesOrUnitsHeld">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of shares or units held by the reporting entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_NumberOfSharesOrUnitsHeld</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointVenturesAxis=ugp_UniaoVopakMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointVenturesAxis=ugp_UniaoVopakMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointVenturesAxis=ugp_RPRMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointVenturesAxis=ugp_RPRMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointVenturesAxis=ugp_ConnectCarMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointVenturesAxis=ugp_ConnectCarMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointVenturesAxis=ugp_LatitudeLogsticaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointVenturesAxis=ugp_LatitudeLogsticaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointVenturesAxis=ugp_NavegantesLogsticaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointVenturesAxis=ugp_NavegantesLogsticaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointVenturesAxis=ugp_NordesteLogsticaIMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointVenturesAxis=ugp_NordesteLogsticaIMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointVenturesAxis=ugp_NordesteLogsticaIIMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointVenturesAxis=ugp_NordesteLogsticaIIMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
<td></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointVenturesAxis=ugp_NordesteLogsticaIIIMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>154
<FILENAME>R125.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147276150184">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Investment - Summary of Balances and Changes in Associates (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsInAssociatesAccountedForUsingEquityMethod', window );">Associates, beginning</a></td>
<td class="nump">R$ 25,588<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsInAssociatesAccountedForUsingEquityMethod', window );">Associates, ending</a></td>
<td class="nump">7,176<span></span>
</td>
<td class="nump">R$ 25,588<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_TransportadoraSulbrasileiraDeGasMember', window );">Transportadora sulbrasileira de gas [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsInAssociatesAccountedForUsingEquityMethod', window );">Associates, beginning</a></td>
<td class="nump">5,150<span></span>
</td>
<td class="nump">5,661<span></span>
</td>
<td class="nump">R$ 4,689<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CapitalReductionInAssociates', window );">Capital decrease</a></td>
<td class="num">(1,500)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsReceived', window );">Dividends</a></td>
<td class="num">(998)<span></span>
</td>
<td class="num">(2,357)<span></span>
</td>
<td class="num">(818)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of profit (loss) of associates</a></td>
<td class="nump">552<span></span>
</td>
<td class="num">(1,846)<span></span>
</td>
<td class="nump">1,790<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfDiscontinuedOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of profit (loss) of associates - discontinued operations</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DecreaseThroughClassifiedAsHeldForSaleInvestmentsInAssociates', window );">Reclassification to assets held for sale</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsInAssociatesAccountedForUsingEquityMethod', window );">Associates, ending</a></td>
<td class="nump">3,204<span></span>
</td>
<td class="nump">5,150<span></span>
</td>
<td class="nump">5,661<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_OxicapIndustriaDeGasesMember', window );">Oxicap Industria de Gases [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsInAssociatesAccountedForUsingEquityMethod', window );">Associates, beginning</a></td>
<td class="nump">16,348<span></span>
</td>
<td class="nump">15,934<span></span>
</td>
<td class="nump">15,366<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CapitalReductionInAssociates', window );">Capital decrease</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsReceived', window );">Dividends</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of profit (loss) of associates</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfDiscontinuedOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of profit (loss) of associates - discontinued operations</a></td>
<td class="nump">48<span></span>
</td>
<td class="nump">414<span></span>
</td>
<td class="nump">568<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DecreaseThroughClassifiedAsHeldForSaleInvestmentsInAssociates', window );">Reclassification to assets held for sale</a></td>
<td class="num">(16,396)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsInAssociatesAccountedForUsingEquityMethod', window );">Associates, ending</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">16,348<span></span>
</td>
<td class="nump">15,934<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_QuimicaDaBahiaIndustriaEcomercioMember', window );">Quimica da Bahia Industria e Comercio S.A. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsInAssociatesAccountedForUsingEquityMethod', window );">Associates, beginning</a></td>
<td class="nump">3,542<span></span>
</td>
<td class="nump">3,554<span></span>
</td>
<td class="nump">3,590<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CapitalReductionInAssociates', window );">Capital decrease</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsReceived', window );">Dividends</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of profit (loss) of associates</a></td>
<td class="num">(14)<span></span>
</td>
<td class="num">(12)<span></span>
</td>
<td class="num">(36)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfDiscontinuedOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of profit (loss) of associates - discontinued operations</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DecreaseThroughClassifiedAsHeldForSaleInvestmentsInAssociates', window );">Reclassification to assets held for sale</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsInAssociatesAccountedForUsingEquityMethod', window );">Associates, ending</a></td>
<td class="nump">3,528<span></span>
</td>
<td class="nump">3,542<span></span>
</td>
<td class="nump">3,554<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_MetalurgicaPlusMember', window );">Metalurgica plus [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsInAssociatesAccountedForUsingEquityMethod', window );">Associates, beginning</a></td>
<td class="nump">47<span></span>
</td>
<td class="nump">138<span></span>
</td>
<td class="nump">228<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CapitalReductionInAssociates', window );">Capital decrease</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsReceived', window );">Dividends</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of profit (loss) of associates</a></td>
<td class="num">(100)<span></span>
</td>
<td class="num">(91)<span></span>
</td>
<td class="num">(90)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfDiscontinuedOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of profit (loss) of associates - discontinued operations</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DecreaseThroughClassifiedAsHeldForSaleInvestmentsInAssociates', window );">Reclassification to assets held for sale</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsInAssociatesAccountedForUsingEquityMethod', window );">Associates, ending</a></td>
<td class="nump">53<span></span>
</td>
<td class="nump">47<span></span>
</td>
<td class="nump">138<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_PlenogasDistribuidoraDeGasMember', window );">Plenogas distribuidora de gas [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsInAssociatesAccountedForUsingEquityMethod', window );">Associates, beginning</a></td>
<td class="nump">501<span></span>
</td>
<td class="nump">463<span></span>
</td>
<td class="nump">465<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CapitalReductionInAssociates', window );">Capital decrease</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsReceived', window );">Dividends</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="num">(87)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of profit (loss) of associates</a></td>
<td class="num">(4)<span></span>
</td>
<td class="num">(38)<span></span>
</td>
<td class="nump">85<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfDiscontinuedOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of profit (loss) of associates - discontinued operations</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DecreaseThroughClassifiedAsHeldForSaleInvestmentsInAssociates', window );">Reclassification to assets held for sale</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsInAssociatesAccountedForUsingEquityMethod', window );">Associates, ending</a></td>
<td class="nump">497<span></span>
</td>
<td class="nump">501<span></span>
</td>
<td class="nump">463<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=ifrs-full_AssociatesMember', window );">Associates [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsInAssociatesAccountedForUsingEquityMethod', window );">Associates, beginning</a></td>
<td class="nump">25,588<span></span>
</td>
<td class="nump">25,750<span></span>
</td>
<td class="nump">24,338<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CapitalReductionInAssociates', window );">Capital decrease</a></td>
<td class="num">(1,500)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsReceived', window );">Dividends</a></td>
<td class="num">(998)<span></span>
</td>
<td class="num">(2,357)<span></span>
</td>
<td class="num">(905)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of profit (loss) of associates</a></td>
<td class="nump">434<span></span>
</td>
<td class="num">(1,781)<span></span>
</td>
<td class="nump">2,317<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfDiscontinuedOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of profit (loss) of associates - discontinued operations</a></td>
<td class="nump">48<span></span>
</td>
<td class="nump">414<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DecreaseThroughClassifiedAsHeldForSaleInvestmentsInAssociates', window );">Reclassification to assets held for sale</a></td>
<td class="num">(16,396)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsInAssociatesAccountedForUsingEquityMethod', window );">Associates, ending</a></td>
<td class="nump">R$ 7,176<span></span>
</td>
<td class="nump">R$ 25,588<span></span>
</td>
<td class="nump">R$ 25,750<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DividendsReceived">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of dividends received.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B12<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B12_a&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DividendsReceived</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InvestmentsInAssociatesAccountedForUsingEquityMethod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of investments in associates accounted for using the equity method. [Refer: Associates [member]; Investments accounted for using equity method]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InvestmentsInAssociatesAccountedForUsingEquityMethod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entity's share of the profit (loss) from continuing operations of associates and joint ventures accounted for using the equity method. [Refer: Associates [member]; Continuing operations [member]; Investments accounted for using equity method; Joint ventures [member]; Profit (loss) from continuing operations]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B16<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B16_a&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ShareOfProfitLossOfDiscontinuedOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entity's share of the post-tax profit (loss) from discontinued operations of associates and joint ventures accounted for using the equity method. [Refer: Associates [member]; Discontinued operations [member]; Investments accounted for using equity method; Joint ventures [member]; Profit (loss) from discontinued operations]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B16<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B16_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ShareOfProfitLossOfDiscontinuedOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<tr>
<td><strong> Data Type:</strong></td>
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</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_CapitalReductionInAssociates">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of reduction in capital of associates.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_CapitalReductionInAssociates</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DecreaseThroughClassifiedAsHeldForSaleInvestmentsInAssociates">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The decrease in investments in associates resulting from classification as held for sale or inclusion in a disposal group classified as held for sale.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DecreaseThroughClassifiedAsHeldForSaleInvestmentsInAssociates</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_TransportadoraSulbrasileiraDeGasMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_TransportadoraSulbrasileiraDeGasMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_OxicapIndustriaDeGasesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_OxicapIndustriaDeGasesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_QuimicaDaBahiaIndustriaEcomercioMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_QuimicaDaBahiaIndustriaEcomercioMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
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</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_MetalurgicaPlusMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_MetalurgicaPlusMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_PlenogasDistribuidoraDeGasMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_PlenogasDistribuidoraDeGasMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=ifrs-full_AssociatesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=ifrs-full_AssociatesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
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</div></td></tr>
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</body>
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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>155
<FILENAME>R126.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147274299400">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Investment - Summary of Amounts of Balance Sheets and Income Statements of Associates (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="5">12 Months Ended</th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th" colspan="2"><div>Dec. 31, 2020</div></th>
<th class="th" colspan="2"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Current assets</a></td>
<td class="nump">R$ 25,024,181<span></span>
</td>
<td class="nump">R$ 17,489,071<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Non-current assets</a></td>
<td class="nump">13,986,176<span></span>
</td>
<td class="nump">18,761,091<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Current liabilities</a></td>
<td class="nump">12,640,230<span></span>
</td>
<td class="nump">9,240,841<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Non-current liabilities</a></td>
<td class="nump">15,900,887<span></span>
</td>
<td class="nump">17,099,056<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Equity</a></td>
<td class="nump">10,469,240<span></span>
</td>
<td class="nump">9,910,265<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 9,835,175<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 9,800,029<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenue from sales and services</a></td>
<td class="nump">109,732,842<span></span>
</td>
<td class="nump">74,058,056<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">83,004,729<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Costs, operating expenses and income</a></td>
<td class="nump">96,166<span></span>
</td>
<td class="nump">64,034<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">140,029<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Net income for the year</a></td>
<td class="nump">883,878<span></span>
</td>
<td class="nump">927,697<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">402,944<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_TransportadoraSulbrasileiraDeGasMember', window );">Transportadora sulbrasileira de gas [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Current assets</a></td>
<td class="nump">7,685<span></span>
</td>
<td class="nump">10,570<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Non-current assets</a></td>
<td class="nump">11,611<span></span>
</td>
<td class="nump">12,822<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Current liabilities</a></td>
<td class="nump">5,875<span></span>
</td>
<td class="nump">2,189<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Non-current liabilities</a></td>
<td class="nump">601<span></span>
</td>
<td class="nump">602<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Equity</a></td>
<td class="nump">12,820<span></span>
</td>
<td class="nump">20,601<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenue from sales and services</a></td>
<td class="nump">15,126<span></span>
</td>
<td class="nump">14,295<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">12,348<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Costs, operating expenses and income</a></td>
<td class="num">(12,691)<span></span>
</td>
<td class="num">(6,475)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(4,815)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NetFinancialIncomeAndIncomeAndSocialContributionTaxes', window );">Net finance income and income and social contribution taxes</a></td>
<td class="num">(226)<span></span>
</td>
<td class="num">(437)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(157)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Net income for the year</a></td>
<td class="nump">R$ 2,209<span></span>
</td>
<td class="nump">R$ 7,383<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 7,376<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NumberOfSharesOrUnitsHeld', window );">Number of shares or units held</a></td>
<td class="nump">20,124,996<span></span>
</td>
<td class="nump">20,124,996<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">20,124,996<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInAssociate', window );">% of capital held</a></td>
<td class="nump">25.00%<span></span>
</td>
<td class="nump">25.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">25.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_OxicapIndustriaDeGasesMember', window );">Oxicap Industria de Gases [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Current assets</a></td>
<td class="nump">R$ 90,156<span></span>
</td>
<td class="nump">R$ 65,136<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Non-current assets</a></td>
<td class="nump">70,496<span></span>
</td>
<td class="nump">77,339<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Current liabilities</a></td>
<td class="nump">44,408<span></span>
</td>
<td class="nump">26,116<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Non-current liabilities</a></td>
<td class="nump">7,562<span></span>
</td>
<td class="nump">7,994<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Equity</a></td>
<td class="nump">108,682<span></span>
</td>
<td class="nump">108,365<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenue from sales and services</a></td>
<td class="nump">69,611<span></span>
</td>
<td class="nump">58,677<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 43,463<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Costs, operating expenses and income</a></td>
<td class="num">(68,390)<span></span>
</td>
<td class="num">(54,163)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(36,791)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NetFinancialIncomeAndIncomeAndSocialContributionTaxes', window );">Net finance income and income and social contribution taxes</a></td>
<td class="num">(904)<span></span>
</td>
<td class="num">(1,770)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(2,483)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Net income for the year</a></td>
<td class="nump">R$ 317<span></span>
</td>
<td class="nump">R$ 2,744<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 4,189<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NumberOfSharesOrUnitsHeld', window );">Number of shares or units held</a></td>
<td class="nump">1,987<span></span>
</td>
<td class="nump">1,987<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,987<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInAssociate', window );">% of capital held</a></td>
<td class="nump">15.00%<span></span>
</td>
<td class="nump">15.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">15.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_QuimicaDaBahiaIndustriaEcomercioMember', window );">Quimica da Bahia Industria e Comercio S.A. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Current assets</a></td>
<td class="nump">R$ 14<span></span>
</td>
<td class="nump">R$ 47<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Non-current assets</a></td>
<td class="nump">10,151<span></span>
</td>
<td class="nump">10,146<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Current liabilities</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Non-current liabilities</a></td>
<td class="nump">3,109<span></span>
</td>
<td class="nump">3,109<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Equity</a></td>
<td class="nump">7,056<span></span>
</td>
<td class="nump">7,084<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenue from sales and services</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Costs, operating expenses and income</a></td>
<td class="num">(28)<span></span>
</td>
<td class="num">(24)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(84)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NetFinancialIncomeAndIncomeAndSocialContributionTaxes', window );">Net finance income and income and social contribution taxes</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">12<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Net income for the year</a></td>
<td class="num">R$ (28)<span></span>
</td>
<td class="num">R$ (24)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">R$ (72)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NumberOfSharesOrUnitsHeld', window );">Number of shares or units held</a></td>
<td class="nump">1,493,120<span></span>
</td>
<td class="nump">1,493,120<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,493,120<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInAssociate', window );">% of capital held</a></td>
<td class="nump">50.00%<span></span>
</td>
<td class="nump">50.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">50.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_MetalurgicaPlusMember', window );">Metalurgica plus [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Current assets</a></td>
<td class="nump">R$ 47<span></span>
</td>
<td class="nump">R$ 58<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Non-current assets</a></td>
<td class="nump">126<span></span>
</td>
<td class="nump">414<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Current liabilities</a></td>
<td class="nump">28<span></span>
</td>
<td class="nump">28<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Non-current liabilities</a></td>
<td class="nump">303<span></span>
</td>
<td class="nump">302<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Equity</a></td>
<td class="num">(158)<span></span>
</td>
<td class="nump">142<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenue from sales and services</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Costs, operating expenses and income</a></td>
<td class="num">(239)<span></span>
</td>
<td class="num">(212)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(213)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NetFinancialIncomeAndIncomeAndSocialContributionTaxes', window );">Net finance income and income and social contribution taxes</a></td>
<td class="num">(61)<span></span>
</td>
<td class="num">(60)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(57)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Net income for the year</a></td>
<td class="num">R$ (300)<span></span>
</td>
<td class="num">R$ (272)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">R$ (270)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NumberOfSharesOrUnitsHeld', window );">Number of shares or units held</a></td>
<td class="nump">3,000<span></span>
</td>
<td class="nump">3,000<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">3,000<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInAssociate', window );">% of capital held</a></td>
<td class="nump">33.00%<span></span>
</td>
<td class="nump">33.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">33.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_PlenogasDistribuidoraDeGasMember', window );">Plenogas distribuidora de gas [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Current assets</a></td>
<td class="nump">R$ 568<span></span>
</td>
<td class="nump">R$ 352<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Non-current assets</a></td>
<td class="nump">1,804<span></span>
</td>
<td class="nump">2,196<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Current liabilities</a></td>
<td class="nump">158<span></span>
</td>
<td class="nump">154<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Non-current liabilities</a></td>
<td class="nump">724<span></span>
</td>
<td class="nump">890<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Equity</a></td>
<td class="nump">1,490<span></span>
</td>
<td class="nump">1,504<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenue from sales and services</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Costs, operating expenses and income</a></td>
<td class="nump">18<span></span>
</td>
<td class="nump">396<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">285<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NetFinancialIncomeAndIncomeAndSocialContributionTaxes', window );">Net finance income and income and social contribution taxes</a></td>
<td class="num">(31)<span></span>
</td>
<td class="num">(39)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(29)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Net income for the year</a></td>
<td class="num">R$ (13)<span></span>
</td>
<td class="nump">R$ 357<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 256<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NumberOfSharesOrUnitsHeld', window );">Number of shares or units held</a></td>
<td class="nump">1,384,308<span></span>
</td>
<td class="nump">1,384,308<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,384,308<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInAssociate', window );">% of capital held</a></td>
<td class="nump">33.00%<span></span>
</td>
<td class="nump">33.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">33.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr><td colspan="7"></td></tr>
<tr><td colspan="7"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">For further information see Note <span style="border-left: none; border-right: none;">3</span>.c.<span style="border-left: none; border-right: none;">3</span>.</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of assets that the entity (a) expects to realise or intends to sell or consume in its normal operating cycle; (b) holds primarily for the purpose of trading; (c) expects to realise within twelve months after the reporting period; or (d) classifies as cash or cash equivalents (as defined in IAS 7) unless the asset is restricted from being exchanged or used to settle a liability for at least twelve months after the reporting period. [Refer: Assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B12_b_i&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 66<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Expiry date 2023-01-01: The amount of liabilities that: (a) the entity expects to settle in its normal operating cycle; (b) the entity holds primarily for the purpose of trading; (c) are due to be settled within twelve months after the reporting period; or (d) the entity does not have an unconditional right to defer settlement for at least twelve months after the reporting period.
Effective 2023-01-01: The amount of liabilities that: (a) the entity expects to settle in its normal operating cycle; (b) the entity holds primarily for the purpose of trading; (c) are due to be settled within twelve months after the reporting period; or (d) the entity does not have the right at the end of the reporting period to defer settlement for at least twelve months after the reporting period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B12_b_iii&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 69<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_69&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Equity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of residual interest in the assets of the entity after deducting all its liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 24<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_24_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_32_a_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2021-01-01<br> -Paragraph 93<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_93_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2021-01-01<br> -Paragraph 93<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_93_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2021-01-01<br> -Paragraph 93<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_93_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Equity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of assets that do not meet the definition of current assets. [Refer: Current assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 66<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B12_b_ii&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities that do not meet the definition of current liabilities. [Refer: Current liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause iv<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B12_b_iv&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 69<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_69&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherOperatingIncomeExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of operating income (expense) that the entity does not separately disclose in the same statement or note.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherOperatingIncomeExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 18<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_18_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_32_a_ii&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 28<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective on first application of IFRS 9<br> -Name IFRS<br> -Number 4<br> -IssueDate 2021-01-01<br> -Paragraph 39L<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=4&amp;code=ifrs-tx-2021-en-b&amp;anchor=para_39L_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 7: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective 2023-01-01<br> -Name IFRS<br> -Number 17<br> -IssueDate 2021-01-01<br> -Paragraph 113<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=17&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_113_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 8: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_106_d_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 81A<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_81A_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProportionOfOwnershipInterestInAssociate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The proportion of ownership interest in an associate attributable to the entity. [Refer: Associates [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2021-01-01<br> -Paragraph 17<br> -Subparagraph b<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_17_b_iii&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2021-01-01<br> -Paragraph 16<br> -Subparagraph b<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_16_b_iii&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph 21<br> -Subparagraph a<br> -Clause iv<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_21_a_iv&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProportionOfOwnershipInterestInAssociate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Revenue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The income arising in the course of an entity's ordinary activities. Income is increases in assets, or decreases in liabilities, that result in increases in equity, other than those relating to contributions from holders of equity claims.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 28<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_28_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 23<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_23_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 32<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_32&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 33<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_33_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 34<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_34&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 82<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_82_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 7: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 8: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 102<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2021-01-01<br> -Paragraph 33<br> -Subparagraph b<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=5&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_33_b_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause v<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B12_b_v&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 11: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Revenue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_NetFinancialIncomeAndIncomeAndSocialContributionTaxes">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of net financial income and income and social contribution taxes.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_NetFinancialIncomeAndIncomeAndSocialContributionTaxes</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_NumberOfSharesOrUnitsHeld">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of shares or units held by the reporting entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_NumberOfSharesOrUnitsHeld</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_TransportadoraSulbrasileiraDeGasMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_TransportadoraSulbrasileiraDeGasMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_OxicapIndustriaDeGasesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_OxicapIndustriaDeGasesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_QuimicaDaBahiaIndustriaEcomercioMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_MetalurgicaPlusMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_MetalurgicaPlusMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_PlenogasDistribuidoraDeGasMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=ugp_PlenogasDistribuidoraDeGasMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147273969544">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Investments (Details - Textuals) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="1">1 Months Ended</th>
<th class="th" colspan="4">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Sep. 30, 2021</div></th>
<th class="th" colspan="2"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfJointVenturesLineItems', window );"><strong>Disclosure of joint ventures [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInInvestingActivitiesDiscontinuedOperations', window );">Sale value of joint venture after adjustments resulting from changes in working capital and net debt position</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">R$ (158,733)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">R$ (487,390)<span></span>
</td>
<td class="num">R$ (995,923)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnDisposalsOfInvestments', window );">Gain (loss) on disposal of Conectcar</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 76,485<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_JointVenturesAxis=ugp_ConnectCarMember', window );">Connect car [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfJointVenturesLineItems', window );"><strong>Disclosure of joint ventures [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInJointVenture', window );">Proportion of ownership interest in joint venture</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">50.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">50.00%<span></span>
</td>
<td class="nump">50.00%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DecreaseThroughDispositionOfInvestmentInJointVentures', window );">Disposition of investment</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">R$ (78,099)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnDisposalsOfInvestments', window );">Gain (loss) on disposal of Conectcar</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 76,000<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_JointVenturesAxis=ugp_ConnectCarMember', window );">Connect car [member] | IPP [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfJointVenturesLineItems', window );"><strong>Disclosure of joint ventures [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInJointVenture', window );">Proportion of ownership interest in joint venture</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">50.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInInvestingActivitiesDiscontinuedOperations', window );">Sale value of joint venture after adjustments resulting from changes in working capital and net debt position</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 158,000<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_JointVenturesAxis=ugp_ConnectCarMember', window );">Connect car [member] | IPP [member] | Redecard S.A. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfJointVenturesLineItems', window );"><strong>Disclosure of joint ventures [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInJointVenture', window );">Proportion of ownership interest in joint venture</a></td>
<td class="nump">50.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr><td colspan="6"></td></tr>
<tr><td colspan="6"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">The balances presented refer to September 30, 2021, due to the completion of the sale of ConectCar on October 1, 2021, for further details see note <span>13</span>.<span style="font-family: 'Times New Roman';">a</span><span style="font-family: 'Times New Roman';">.<span>1</span>.</span></td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInInvestingActivitiesDiscontinuedOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash flows from (used in) the entity's investing activities, related to discontinued operations. [Refer: Discontinued operations [member]; Cash flows from (used in) investing activities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2021-01-01<br> -Paragraph 33<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=5&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_33_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInInvestingActivitiesDiscontinuedOperations</td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfJointVenturesLineItems</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GainsLossesOnDisposalsOfInvestments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The gains (losses) on disposals of investments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 98<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_98_d&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GainsLossesOnDisposalsOfInvestments</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProportionOfOwnershipInterestInJointVenture">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The proportion of ownership interest in a joint venture attributable to the entity. [Refer: Joint ventures [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2021-01-01<br> -Paragraph 17<br> -Subparagraph b<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_17_b_iii&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2021-01-01<br> -Paragraph 16<br> -Subparagraph b<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_16_b_iii&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph 21<br> -Subparagraph a<br> -Clause iv<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_21_a_iv&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The decrease in investments in joint ventures resulting from disposition of investment.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<td style="white-space:nowrap;">srt_CounterpartyNameAxis=ugp_RedecardSAMember</td>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147269078488">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Right to Use Assets and Leases payable - Summary of Information About Right of Use Assets (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="6">12 Months Ended</th>
</tr>
<tr>
<th class="th" colspan="2"><div>Dec. 31, 2021</div></th>
<th class="th" colspan="2"><div>Dec. 31, 2020</div></th>
<th class="th" colspan="2"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems', window );"><strong>Disclosure of quantitative information about right-of-use assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at beginning of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 2,150,286<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmortizationOfRightToUseAsset', window );">Amortization</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">260,716<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 242,670<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 216,609<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at end of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 1,651,295<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 2,150,286<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_GrossCarryingAmountMember', window );">Cost [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems', window );"><strong>Disclosure of quantitative information about right-of-use assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountOfReclassificationsOrChangesInPresentation', window );">Adoption IFRS 16</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(56,114)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedDepreciationAndAmortisationMember', window );">Accumulated amortization [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems', window );"><strong>Disclosure of quantitative information about right-of-use assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountOfReclassificationsOrChangesInPresentation', window );">Adoption IFRS 16</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">16,186<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedImpairmentMember', window );">Impairment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems', window );"><strong>Disclosure of quantitative information about right-of-use assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountOfReclassificationsOrChangesInPresentation', window );">Adoption IFRS 16</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_VehiclesMember', window );">Vehicles [member] | Cost [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems', window );"><strong>Disclosure of quantitative information about right-of-use assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment', window );">Weighted average useful life</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">8 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">8 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">7 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_MachineryMember', window );">Equipment [member] | Cost [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems', window );"><strong>Disclosure of quantitative information about right-of-use assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment', window );">Weighted average useful life</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">12 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">13 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">13 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=ifrs-full_RightofuseAssetsMember', window );">Right-of-use assets [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems', window );"><strong>Disclosure of quantitative information about right-of-use assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at beginning of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 2,150,286<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 1,980,912<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountOfReclassificationsOrChangesInPresentation', window );">Adoption IFRS 16</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 1,731,427<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsToRightofuseAssets', window );">Additions and remeasurement</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">296,402<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">523,220<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">402,864<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_WriteOffsOfRightOfUseAssets', window );">Write-offs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(75,735)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(34,631)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(50,462)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughTransferOfRightOfUseAsset', window );">Transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(11,935)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">111,822<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets', window );">Effect&#160;of&#160;foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,837<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">9,107<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">85,319<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmortizationOfRightToUseAsset', window );">Amortization</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(359,506)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(328,322)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(300,058)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets', window );">Reclassification to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(350,054)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at end of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,651,295<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,150,286<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,980,912<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=ifrs-full_RightofuseAssetsMember', window );">Right-of-use assets [member] | Cost [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems', window );"><strong>Disclosure of quantitative information about right-of-use assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at beginning of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,735,591<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,287,797<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountOfReclassificationsOrChangesInPresentation', window );">Adoption IFRS 16</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,731,427<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsToRightofuseAssets', window );">Additions and remeasurement</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">335,359<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">523,220<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">402,864<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_WriteOffsOfRightOfUseAssets', window );">Write-offs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(166,204)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(86,994)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(57,586)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughTransferOfRightOfUseAsset', window );">Transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">125,890<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets', window );">Effect&#160;of&#160;foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,318<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">11,568<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">85,202<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmortizationOfRightToUseAsset', window );">Amortization</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets', window );">Reclassification to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(624,202)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at end of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,283,862<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,735,591<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,287,797<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=ifrs-full_RightofuseAssetsMember', window );">Right-of-use assets [member] | Accumulated amortization [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems', window );"><strong>Disclosure of quantitative information about right-of-use assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at beginning of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(585,305)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(306,885)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountOfReclassificationsOrChangesInPresentation', window );">Adoption IFRS 16</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsToRightofuseAssets', window );">Additions and remeasurement</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_WriteOffsOfRightOfUseAssets', window );">Write-offs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">90,469<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">52,363<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">7,124<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughTransferOfRightOfUseAsset', window );">Transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(11,935)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(14,068)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets', window );">Effect&#160;of&#160;foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,481)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(2,461)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">117<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmortizationOfRightToUseAsset', window );">Amortization</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(359,506)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(328,322)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(300,058)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets', window );">Reclassification to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">235,191<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at end of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(632,567)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(585,305)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">R$ (306,885)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=ifrs-full_RightofuseAssetsMember', window );">Right-of-use assets [member] | Impairment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems', window );"><strong>Disclosure of quantitative information about right-of-use assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at beginning of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsToRightofuseAssets', window );">Additions and remeasurement</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(38,957)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_WriteOffsOfRightOfUseAssets', window );">Write-offs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughTransferOfRightOfUseAsset', window );">Transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets', window );">Effect&#160;of&#160;foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmortizationOfRightToUseAsset', window );">Amortization</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets', window );">Reclassification to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">38,957<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at end of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=ifrs-full_RightofuseAssetsMember', window );">Right-of-use assets [member] | Real Estate Property [Member] | Cost [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems', window );"><strong>Disclosure of quantitative information about right-of-use assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment', window );">Weighted average useful life</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">10 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="text">10 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">7 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at beginning of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 2,254,432<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">R$ 2,068,254<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountOfReclassificationsOrChangesInPresentation', window );">Adoption IFRS 16</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 1,636,330<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsToRightofuseAssets', window );">Additions and remeasurement</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">257,787<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">259,244<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">308,622<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_WriteOffsOfRightOfUseAssets', window );">Write-offs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(150,718)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="num">(78,529)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(55,605)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughTransferOfRightOfUseAsset', window );">Transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1],[3]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">98,043<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets', window );">Effect&#160;of&#160;foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,295<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">5,463<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">80,930<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmortizationOfRightToUseAsset', window );">Amortization</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets', window );">Reclassification to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2],[3]</sup></td>
<td class="num">(569,323)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at end of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,793,473<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">2,254,432<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">2,068,254<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=ifrs-full_RightofuseAssetsMember', window );">Right-of-use assets [member] | Real Estate Property [Member] | Accumulated amortization [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems', window );"><strong>Disclosure of quantitative information about right-of-use assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at beginning of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(481,975)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(256,430)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountOfReclassificationsOrChangesInPresentation', window );">Adoption IFRS 16</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsToRightofuseAssets', window );">Additions and remeasurement</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_WriteOffsOfRightOfUseAssets', window );">Write-offs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">76,954<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">46,282<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">6,682<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughTransferOfRightOfUseAsset', window );">Transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets', window );">Effect&#160;of&#160;foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(530)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(697)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">36<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmortizationOfRightToUseAsset', window );">Amortization</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(283,882)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(271,130)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(262,750)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets', window );">Reclassification to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">199,963<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at end of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(489,470)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(481,975)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">R$ (256,430)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=ifrs-full_RightofuseAssetsMember', window );">Right-of-use assets [member] | Real Estate Property [Member] | Impairment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems', window );"><strong>Disclosure of quantitative information about right-of-use assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at beginning of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsToRightofuseAssets', window );">Additions and remeasurement</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(38,957)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_WriteOffsOfRightOfUseAssets', window );">Write-offs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughTransferOfRightOfUseAsset', window );">Transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets', window );">Effect&#160;of&#160;foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmortizationOfRightToUseAsset', window );">Amortization</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets', window );">Reclassification to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">38,957<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at end of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=ifrs-full_RightofuseAssetsMember', window );">Right-of-use assets [member] | Port Area [Member] | Cost [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems', window );"><strong>Disclosure of quantitative information about right-of-use assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment', window );">Weighted average useful life</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">20 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">20 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at beginning of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 268,534<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 68,007<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountOfReclassificationsOrChangesInPresentation', window );">Adoption IFRS 16</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsToRightofuseAssets', window );">Additions and remeasurement</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">31,096<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">200,527<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">68,007<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_WriteOffsOfRightOfUseAssets', window );">Write-offs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughTransferOfRightOfUseAsset', window );">Transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets', window );">Effect&#160;of&#160;foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmortizationOfRightToUseAsset', window );">Amortization</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets', window );">Reclassification to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at end of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">299,630<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">268,534<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">68,007<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=ifrs-full_RightofuseAssetsMember', window );">Right-of-use assets [member] | Port Area [Member] | Accumulated amortization [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems', window );"><strong>Disclosure of quantitative information about right-of-use assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at beginning of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(3,962)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsToRightofuseAssets', window );">Additions and remeasurement</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_WriteOffsOfRightOfUseAssets', window );">Write-offs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughTransferOfRightOfUseAsset', window );">Transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(11,935)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets', window );">Effect&#160;of&#160;foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmortizationOfRightToUseAsset', window );">Amortization</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(7,629)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(3,962)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets', window );">Reclassification to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at end of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">R$ (23,526)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">R$ (3,962)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=ifrs-full_RightofuseAssetsMember', window );">Right-of-use assets [member] | Vehicles [member] | Cost [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems', window );"><strong>Disclosure of quantitative information about right-of-use assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment', window );">Weighted average useful life</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">4 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">4 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at beginning of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 139,843<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 91,868<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsToRightofuseAssets', window );">Additions and remeasurement</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">26,589<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">55,616<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_WriteOffsOfRightOfUseAssets', window );">Write-offs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(9,315)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(7,893)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughTransferOfRightOfUseAsset', window );">Transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets', window );">Effect&#160;of&#160;foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">103<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">252<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmortizationOfRightToUseAsset', window );">Amortization</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets', window );">Reclassification to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(11,047)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at end of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">146,173<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">139,843<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">91,868<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=ifrs-full_RightofuseAssetsMember', window );">Right-of-use assets [member] | Vehicles [member] | Accumulated amortization [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems', window );"><strong>Disclosure of quantitative information about right-of-use assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at beginning of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(63,091)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(27,492)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsToRightofuseAssets', window );">Additions and remeasurement</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_WriteOffsOfRightOfUseAssets', window );">Write-offs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">7,032<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">5,509<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughTransferOfRightOfUseAsset', window );">Transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets', window );">Effect&#160;of&#160;foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(54)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">232<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmortizationOfRightToUseAsset', window );">Amortization</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(48,146)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(41,340)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets', window );">Reclassification to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">5,392<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at end of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">R$ (98,867)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">R$ (63,091)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(27,492)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=ifrs-full_RightofuseAssetsMember', window );">Right-of-use assets [member] | Equipment [member] | Cost [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems', window );"><strong>Disclosure of quantitative information about right-of-use assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment', window );">Weighted average useful life</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">6 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">6 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at beginning of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 44,936<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 31,822<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsToRightofuseAssets', window );">Additions and remeasurement</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">19,887<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">7,833<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_WriteOffsOfRightOfUseAssets', window );">Write-offs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(6,171)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(572)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughTransferOfRightOfUseAsset', window );">Transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets', window );">Effect&#160;of&#160;foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,920<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">5,853<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmortizationOfRightToUseAsset', window );">Amortization</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets', window );">Reclassification to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(43,832)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at end of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">16,740<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">44,936<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">31,822<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=ifrs-full_RightofuseAssetsMember', window );">Right-of-use assets [member] | Equipment [member] | Accumulated amortization [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems', window );"><strong>Disclosure of quantitative information about right-of-use assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at beginning of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(19,619)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(7,600)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsToRightofuseAssets', window );">Additions and remeasurement</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_WriteOffsOfRightOfUseAssets', window );">Write-offs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">6,483<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">572<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughTransferOfRightOfUseAsset', window );">Transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets', window );">Effect&#160;of&#160;foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(897)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,996)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmortizationOfRightToUseAsset', window );">Amortization</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(17,637)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(10,595)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets', window );">Reclassification to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">29,836<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at end of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">R$ (1,834)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">R$ (19,619)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(7,600)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=ifrs-full_RightofuseAssetsMember', window );">Right-of-use assets [member] | Other assets [member] | Cost [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems', window );"><strong>Disclosure of quantitative information about right-of-use assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment', window );">Weighted average useful life</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">20 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">20 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at beginning of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 27,846<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 27,846<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsToRightofuseAssets', window );">Additions and remeasurement</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_WriteOffsOfRightOfUseAssets', window );">Write-offs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughTransferOfRightOfUseAsset', window );">Transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets', window );">Effect&#160;of&#160;foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmortizationOfRightToUseAsset', window );">Amortization</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets', window );">Reclassification to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at end of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">27,846<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">27,846<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">27,846<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=ifrs-full_RightofuseAssetsMember', window );">Right-of-use assets [member] | Other assets [member] | Accumulated amortization [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems', window );"><strong>Disclosure of quantitative information about right-of-use assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at beginning of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(16,658)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(15,363)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsToRightofuseAssets', window );">Additions and remeasurement</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_WriteOffsOfRightOfUseAssets', window );">Write-offs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughTransferOfRightOfUseAsset', window );">Transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets', window );">Effect&#160;of&#160;foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmortizationOfRightToUseAsset', window );">Amortization</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(2,212)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,295)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets', window );">Reclassification to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at end of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">R$ (18,870)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(16,658)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">R$ (15,363)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=ifrs-full_RightofuseAssetsMember', window );">Right-of-use assets [member] | Other assets including vehicles and equipment [member] | Cost [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems', window );"><strong>Disclosure of quantitative information about right-of-use assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment', window );">Weighted average useful life</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">4 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at beginning of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">151,470<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountOfReclassificationsOrChangesInPresentation', window );">Adoption IFRS 16</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 95,097<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsToRightofuseAssets', window );">Additions and remeasurement</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">26,235<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_WriteOffsOfRightOfUseAssets', window );">Write-offs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,981)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughTransferOfRightOfUseAsset', window );">Transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">27,847<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets', window );">Effect&#160;of&#160;foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">4,272<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmortizationOfRightToUseAsset', window );">Amortization</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at end of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">151,470<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=ifrs-full_RightofuseAssetsMember', window );">Right-of-use assets [member] | Other assets including vehicles and equipment [member] | Accumulated amortization [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems', window );"><strong>Disclosure of quantitative information about right-of-use assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at beginning of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(50,853)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountOfReclassificationsOrChangesInPresentation', window );">Adoption IFRS 16</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsToRightofuseAssets', window );">Additions and remeasurement</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_WriteOffsOfRightOfUseAssets', window );">Write-offs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">442<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughTransferOfRightOfUseAsset', window );">Transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(14,068)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets', window );">Effect&#160;of&#160;foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">81<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmortizationOfRightToUseAsset', window );">Amortization</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(37,308)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at end of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(50,853)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=ifrs-full_RightofuseAssetsMember', window );">Right-of-use assets [member] | Real Estate Property [Member] | Cost [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems', window );"><strong>Disclosure of quantitative information about right-of-use assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at beginning of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,068,320<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at end of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,068,320<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=ifrs-full_RightofuseAssetsMember', window );">Right-of-use assets [member] | Real Estate Property [Member] | Accumulated amortization [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems', window );"><strong>Disclosure of quantitative information about right-of-use assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at beginning of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">R$ (256,032)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at end of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">R$ (256,032)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr><td colspan="7"></td></tr>
<tr><td colspan="7"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top"><span style="font-size: 10pt;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-family: 'Times New Roman';">Refers to the amortization of right-of-use assets in the subsidiary Tequimar Vila do Conde Log&#237;stica Portu&#225;ria S.A. (&#8220;Tequimar Vila do Conde&#8221;), which is being capitalized as Construction in progress,&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">starting its operation in December 2021</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">.</span></span></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top"><span style="font-family: 'Times New Roman';"> For further information. see Note 3.c.1.</span></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[3]</td>
<td style="vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Includes lease contracts as presented in Note 9.a.</span></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[4]</td>
<td style="vertical-align: top;" valign="top">Refers to the area port lease, which R$  was paid by the Company&#8217;s subsidiaries in the fourth quarter of <span style="border-left: none; border-right: none;">2019</span>.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[5]</td>
<td style="vertical-align: top;" valign="top">Includes balances of R$&#160;14,905&#160;referring to initial direct costs of right-of-use assets.</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdditionsToRightofuseAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of additions to right-of-use assets. [Refer: Right-of-use assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 53<br> -Subparagraph h<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_53_h&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdditionsToRightofuseAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AmountOfReclassificationsOrChangesInPresentation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount that is reclassified when the entity changes classification or presentation in its financial statements.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 41<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_41_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AmountOfReclassificationsOrChangesInPresentation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RightofuseAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of assets that represent a lessee's right to use an underlying asset for the lease term. Underlying asset is an asset that is the subject of a lease, for which the right to use that asset has been provided by a lessor to a lessee.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 53<br> -Subparagraph j<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_53_j&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RightofuseAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The useful life, measured as period of time, used for property, plant and equipment. [Refer: Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 73<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_73_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AmortizationOfRightToUseAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of amortization of right-of-use assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AmortizationOfRightToUseAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The decrease in right-of-use assets resulting from classification as held for sale or inclusion in a disposal group classified as held for sale.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DecreaseThroughClassifiedAsHeldForSaleRightOfUseAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in right-of-use assets resulting from net exchange differences arising on the translation of the financial statements from the functional currency into a different presentation currency, including the translation of a foreign operation into the presentation currency of the reporting entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_IncreaseDecreaseThroughNetExchangeDifferencesRightOfUseAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_IncreaseDecreaseThroughTransferOfRightOfUseAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) through transfer of Right of use asset.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_IncreaseDecreaseThroughTransferOfRightOfUseAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_WriteOffsOfRightOfUseAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of write-offs during the reporting period of right-of-use assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_WriteOffsOfRightOfUseAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_GrossCarryingAmountMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_GrossCarryingAmountMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedDepreciationAndAmortisationMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedDepreciationAndAmortisationMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedImpairmentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedImpairmentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_VehiclesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_VehiclesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_MachineryMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_MachineryMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=ifrs-full_RightofuseAssetsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=ifrs-full_RightofuseAssetsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ugp_RealEstatePropertyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ugp_RealEstatePropertyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ugp_PortAreaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ugp_PortAreaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_OtherAssetsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_OtherAssetsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ugp_OtherAssetsIncludingVehiclesAndEquipmentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ugp_OtherAssetsIncludingVehiclesAndEquipmentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ugp_RealEstatePropertyOneMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ugp_RealEstatePropertyOneMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>158
<FILENAME>R129.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147300872776">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Right to Use Assets and Leases payable - Summary of Information About Right of Use Assets (Detail) (Parenthetical) - Right-of-use assets [member] - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="1">3 Months Ended</th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems', window );"><strong>Disclosure of quantitative information about right-of-use assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsToRightofuseAssets', window );">Additions and remeasurement</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 296,402<span></span>
</td>
<td class="nump">R$ 523,220<span></span>
</td>
<td class="nump">R$ 402,864<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=ifrs-full_RightofuseAssetsMember', window );">Port Area [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems', window );"><strong>Disclosure of quantitative information about right-of-use assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughInitialDirectCostsRightOfUseAssets', window );">Initial direct costs of right-of-use assets</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 14,905<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=ifrs-full_RightofuseAssetsMember', window );">Port Area [Member] | Subsidiaries [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems', window );"><strong>Disclosure of quantitative information about right-of-use assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsToRightofuseAssets', window );">Additions and remeasurement</a></td>
<td class="nump">R$ 68,007<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdditionsToRightofuseAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of additions to right-of-use assets. [Refer: Right-of-use assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 53<br> -Subparagraph h<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_53_h&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdditionsToRightofuseAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_IncreaseDecreaseThroughInitialDirectCostsRightOfUseAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in right-of-use assets resulting from initial direct costs.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_IncreaseDecreaseThroughInitialDirectCostsRightOfUseAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=ifrs-full_RightofuseAssetsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=ifrs-full_RightofuseAssetsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ugp_PortAreaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ugp_PortAreaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ifrs-full_SubsidiariesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ifrs-full_SubsidiariesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>159
<FILENAME>R130.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
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</head>
<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147278966264">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Right to Use Assets and Leases payable - Summary of Amortization Expenses in the Financial Statements (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems', window );"><strong>Disclosure of quantitative information about right-of-use assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmortizationOfRightToUseAsset', window );">Amortization expense</a></td>
<td class="nump">R$ 260,716<span></span>
</td>
<td class="nump">R$ 242,670<span></span>
</td>
<td class="nump">R$ 216,609<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AmortizationOfRightToUseAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of amortization of right-of-use assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AmortizationOfRightToUseAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>160
<FILENAME>R131.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147274163528">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Right to Use Assets and Leases payable - Summary of Changes in Lease Payables (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="4">12 Months Ended</th>
</tr>
<tr>
<th class="th" colspan="2"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfLeaseLiabilitiesLineItems', window );"><strong>Lease liabilities</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LeaseLiabilities', window );">Beginning balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 1,833,288<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 1,588,673<span></span>
</td>
<td class="nump">R$ 46,066<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InterestExpenseOnLeaseLiabilities', window );">Interest accrued</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">147,494<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">144,655<span></span>
</td>
<td class="nump">128,996<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashOutflowForLeases', window );">Payments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">440,574<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">360,787<span></span>
</td>
<td class="nump">321,716<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdditionsAndRemeasurementOfLeaseLiability', window );">Additions and remeasurement</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">288,711<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">484,121<span></span>
</td>
<td class="nump">334,857<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_WriteOffsOfLeaseLiabilities', window );">Write-offs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(83,157)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(35,381)<span></span>
</td>
<td class="num">(52,129)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughNetExchangeDifferencesLeaseLiabilities', window );">Effect&#160;of&#160;foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">16,264<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">12,007<span></span>
</td>
<td class="nump">88,796<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughAssignmentOfContractLeaseLiabilities', window );">Assignment of contract</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DecreaseThroughClassifiedAsHeldForSaleLeaseLiabilities', window );">Reclassification to liabilities held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(413,715)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LeaseLiabilities', window );">Ending balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,348,311<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,833,288<span></span>
</td>
<td class="nump">1,588,673<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLeaseLiabilities', window );">Current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">188,832<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">260,189<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLeaseLiabilities', window );">Non-current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,159,479<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 1,573,099<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LiabilitiesArisingFromFinancingActivitiesAxis=ifrs-full_LeaseLiabilitiesMember', window );">Lease liabilities [member] | IFRS 16 [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfLeaseLiabilitiesLineItems', window );"><strong>Lease liabilities</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountOfReclassificationsOrChangesInPresentation', window );">Adoption IFRS 16</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 1,363,803<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_TequimarVilaDoCondeMember', window );">Tequimar Vila do Conde [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfLeaseLiabilitiesLineItems', window );"><strong>Lease liabilities</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashOutflowForLeases', window );">Payments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 29,237<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr><td colspan="5"></td></tr>
<tr><td colspan="5"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> Includes the amount of R$ 29,237 paid by subsidiary Tequimar Vila do Conde related to port concession grants.</span></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top"><span style="font-family: 'Times New Roman';"> For further information. see Note 3.c.1.</span></td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AmountOfReclassificationsOrChangesInPresentation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount that is reclassified when the entity changes classification or presentation in its financial statements.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 41<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_41_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AmountOfReclassificationsOrChangesInPresentation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashOutflowForLeases">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for leases.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 53<br> -Subparagraph g<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_53_g&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashOutflowForLeases</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentLeaseLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current lease liabilities. [Refer: Lease liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 47<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_47_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentLeaseLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InterestExpenseOnLeaseLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of interest expense on lease liabilities. [Refer: Lease liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 53<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_53_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InterestExpenseOnLeaseLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LeaseLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities related to the entity's leases. Lease is a contract, or part of a contract, that conveys the right to use an underlying asset for a period of time in exchange for consideration.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 47<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_47_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LeaseLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentLeaseLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current lease liabilities. [Refer: Lease liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 47<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_47_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentLeaseLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AdditionsAndRemeasurementOfLeaseLiability">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of additions and remeasurement of lease liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AdditionsAndRemeasurementOfLeaseLiability</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DecreaseThroughClassifiedAsHeldForSaleLeaseLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The decrease in lease liabilities resulting from classification as held for sale or inclusion in a disposal group classified as held for sale.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DecreaseThroughClassifiedAsHeldForSaleLeaseLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DisclosureOfLeaseLiabilitiesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DisclosureOfLeaseLiabilitiesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_IncreaseDecreaseThroughAssignmentOfContractLeaseLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in lease liabilities resulting from assignment of contract.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_IncreaseDecreaseThroughAssignmentOfContractLeaseLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_IncreaseDecreaseThroughNetExchangeDifferencesLeaseLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in lease liabilities resulting from net exchange differences arising on the translation of the financial statements from the functional currency into a different presentation currency, including the translation of a foreign operation into the presentation currency of the reporting entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_IncreaseDecreaseThroughNetExchangeDifferencesLeaseLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_WriteOffsOfLeaseLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of write-offs during the reporting period of lease liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_WriteOffsOfLeaseLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LiabilitiesArisingFromFinancingActivitiesAxis=ifrs-full_LeaseLiabilitiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LiabilitiesArisingFromFinancingActivitiesAxis=ifrs-full_LeaseLiabilitiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InitiallyAppliedIFRSsAxis=ugp_IFRS16Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InitiallyAppliedIFRSsAxis=ugp_IFRS16Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_TequimarVilaDoCondeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_TequimarVilaDoCondeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>161
<FILENAME>R132.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147272254504">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Right to Use Assets and Leases payable - Summary of Maturities of Lease Payments of Operating Lease (Detail)<br> R$ in Thousands</strong></div></th>
<th class="th">
<div>Dec. 31, 2021 </div>
<div>BRL (R$)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems', window );"><strong>Disclosure of maturity analysis of operating lease payments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_UndiscountedOperatingLeasePaymentsToBePaid', window );">Future disbursements</a></td>
<td class="nump">R$ 2,145,602<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember', window );">Up to 1 year</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems', window );"><strong>Disclosure of maturity analysis of operating lease payments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_UndiscountedOperatingLeasePaymentsToBePaid', window );">Future disbursements</a></td>
<td class="nump">304,007<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember', window );">From 1 to 2 years [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems', window );"><strong>Disclosure of maturity analysis of operating lease payments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_UndiscountedOperatingLeasePaymentsToBePaid', window );">Future disbursements</a></td>
<td class="nump">264,224<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember', window );">From 2 to 3 years [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems', window );"><strong>Disclosure of maturity analysis of operating lease payments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_UndiscountedOperatingLeasePaymentsToBePaid', window );">Future disbursements</a></td>
<td class="nump">241,323<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember', window );">From 3 to 4 years [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems', window );"><strong>Disclosure of maturity analysis of operating lease payments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_UndiscountedOperatingLeasePaymentsToBePaid', window );">Future disbursements</a></td>
<td class="nump">218,157<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember', window );">From 4 to 5 years [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems', window );"><strong>Disclosure of maturity analysis of operating lease payments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_UndiscountedOperatingLeasePaymentsToBePaid', window );">Future disbursements</a></td>
<td class="nump">152,671<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFiveYearsMember', window );">More than 5 years [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems', window );"><strong>Disclosure of maturity analysis of operating lease payments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_UndiscountedOperatingLeasePaymentsToBePaid', window );">Future disbursements</a></td>
<td class="nump">R$ 965,220<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_UndiscountedOperatingLeasePaymentsToBePaid">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of undiscounted operating lease payments to be paid. Operating lease is a lease that does not transfer substantially all the risks and rewards incidental to ownership of an underlying asset.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_UndiscountedOperatingLeasePaymentsToBePaid</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFiveYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanFiveYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>162
<FILENAME>R133.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147272931256">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Right to Use Assets and Leases payable - Summary of weighted average discount rates for the lease payable (Detail)<br></strong></div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ugp_NotLaterThanFiveYearsMember', window );">Up to 5 years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems', window );"><strong>Disclosure of maturity analysis of operating lease payments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16', window );">Weighted average discount rates (% p.a.)</a></td>
<td class="nump">6.92%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFiveYearsAndNotLaterThanTenYearsMember', window );">From 6 to 10 years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems', window );"><strong>Disclosure of maturity analysis of operating lease payments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16', window );">Weighted average discount rates (% p.a.)</a></td>
<td class="nump">7.12%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanTenYearsAndNotLaterThanFifteenYearsMember', window );">From 11 to 15 years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems', window );"><strong>Disclosure of maturity analysis of operating lease payments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16', window );">Weighted average discount rates (% p.a.)</a></td>
<td class="nump">7.35%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ugp_LaterThanFifteenYearsMember', window );">More than 15 years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems', window );"><strong>Disclosure of maturity analysis of operating lease payments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16', window );">Weighted average discount rates (% p.a.)</a></td>
<td class="nump">8.18%<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
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</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The weighted average lessee's incremental borrowing rate applied to lease liabilities recognised in the statement of financial position at the date of initial application of IFRS 16. The incremental borrowing rate is the rate of interest that a lessee would have to pay to borrow over a similar term, and with a similar security, the funds necessary to obtain an asset of a similar value to the right-of-use asset in a similar economic environment.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph C12<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_C12_a&amp;doctype=Appendix&amp;subtype=C<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ugp_NotLaterThanFiveYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ugp_NotLaterThanFiveYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
<td></td>
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<td><strong> Period Type:</strong></td>
<td></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanFiveYearsAndNotLaterThanTenYearsMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanTenYearsAndNotLaterThanFifteenYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
<td></td>
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<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ugp_LaterThanFifteenYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ugp_LaterThanFifteenYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
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<DOCUMENT>
<TYPE>XML
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<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147278137944">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Right to Use Assets and Leases payable - Details about lease contracts of low amount assets (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems', window );"><strong>Disclosure of maturity analysis of operating lease payments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_UndiscountedOperatingLeasePaymentsToBePaidForContractsOfLowAmountAssets', window );">Lease payments to be payable</a></td>
<td class="nump">R$ 1,118<span></span>
</td>
<td class="nump">R$ 7,292<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember', window );">Up to 1 year</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems', window );"><strong>Disclosure of maturity analysis of operating lease payments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_UndiscountedOperatingLeasePaymentsToBePaidForContractsOfLowAmountAssets', window );">Lease payments to be payable</a></td>
<td class="nump">124<span></span>
</td>
<td class="nump">1,147<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember', window );">Between 1 and 5 years</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems', window );"><strong>Disclosure of maturity analysis of operating lease payments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_UndiscountedOperatingLeasePaymentsToBePaidForContractsOfLowAmountAssets', window );">Lease payments to be payable</a></td>
<td class="nump">R$ 994<span></span>
</td>
<td class="nump">R$ 6,145<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems</td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of undiscounted operating lease payments to be paid for lease contracts of low amount assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_UndiscountedOperatingLeasePaymentsToBePaidForContractsOfLowAmountAssets</td>
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<td>xbrli:monetaryItemType</td>
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<td>instant</td>
</tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
<td></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>164
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<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147278983336">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Right to Use Assets and Leases payable - Additional Information (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PresentationOfLeasesForLesseeAbstract', window );"><strong>Right to Use Assets and Leases payable</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed', window );">Expense relating to leases of low-value assets</a></td>
<td class="nump">R$ 13,524<span></span>
</td>
<td class="nump">R$ 13,965<span></span>
</td>
<td class="nump">R$ 7,255<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of the expense relating to leases of low-value assets accounted for applying paragraph 6 of IFRS 16. This expense shall not include the expense relating to short-term leases of low-value assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 53<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_53_d&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed</td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
<td>debit</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PresentationOfLeasesForLesseeAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
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</table></div>
</div></td></tr>
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</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>165
<FILENAME>R136.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147263340536">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Property, Plant,and Equipment - Balances and changes in property, plant, and equipment beginning and ending (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="6">12 Months Ended</th>
</tr>
<tr>
<th class="th" colspan="2"><div>Dec. 31, 2021</div></th>
<th class="th" colspan="2"><div>Dec. 31, 2020</div></th>
<th class="th" colspan="2"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 8,005,860<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 7,572,762<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 7,278,865<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Property, plant, and equipment, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,257,120<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">980,511<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,049,525<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationPropertyPlantAndEquipment', window );">Property, plant, and equipment, depreciation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(829,804)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(777,403)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(740,272)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Property, plant, and equipment, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">11,766<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="num">(1,156)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="num">(11,070)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsPropertyPlantAndEquipment', window );">Property, plant, and equipment, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(67,833)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(82,920)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(51,690)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Property, plant, and equipment, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">99,386<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">314,066<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">45,968<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment', window );">Property, plant, and equipment, reclassified to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="num">(2,941,904)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetirementsPropertyPlantAndEquipment', window );">Property, plant, and equipment, Oxiteno andian</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,436)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">5,534,591<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">8,005,860<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">7,572,762<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=ifrs-full_RightofuseAssetsMember', window );">Right-of-use assets [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Property, plant, and equipment, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">11,935<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis=ifrs-full_IntangibleAssetsOtherThanGoodwillMember', window );">Intangible assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Property, plant, and equipment, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(169)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_GrossCarryingAmountMember', window );">Gross carrying amount [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">16,197,396<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">15,038,446<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">14,183,960<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Property, plant, and equipment, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,318,332<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">979,601<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,051,080<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationPropertyPlantAndEquipment', window );">Property, plant, and equipment, depreciation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Property, plant, and equipment, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">11,554<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="num">(3,781)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="num">(20,813)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsPropertyPlantAndEquipment', window );">Property, plant, and equipment, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(225,285)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(203,300)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(185,351)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Property, plant, and equipment, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">129,266<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">386,430<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">26,192<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment', window );">Property, plant, and equipment, reclassified to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="num">(5,913,559)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetirementsPropertyPlantAndEquipment', window );">Property, plant, and equipment, Oxiteno andian</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(16,622)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">11,517,704<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">16,197,396<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">15,038,446<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedDepreciationAndAmortisationMember', window );">Accumulated depreciation [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(8,188,289)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(7,460,856)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Property, plant, and equipment, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationPropertyPlantAndEquipment', window );">Property, plant, and equipment, depreciation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(829,804)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(777,403)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Property, plant, and equipment, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">212<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="nump">2,625<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsPropertyPlantAndEquipment', window );">Property, plant, and equipment, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">157,419<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">119,560<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Property, plant, and equipment, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(29,832)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(72,215)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment', window );">Property, plant, and equipment, reclassified to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">2,908,680<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(5,981,614)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(8,188,289)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(7,460,856)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedImpairmentMember', window );">Provision for losses and impairment [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(3,247)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(4,828)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(8,991)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Property, plant, and equipment, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(61,212)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">910<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,555)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationPropertyPlantAndEquipment', window );">Property, plant, and equipment, depreciation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Property, plant, and equipment, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsPropertyPlantAndEquipment', window );">Property, plant, and equipment, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">33<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">820<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">948<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Property, plant, and equipment, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(48)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(149)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,341<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment', window );">Property, plant, and equipment, reclassified to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">62,975<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetirementsPropertyPlantAndEquipment', window );">Property, plant, and equipment, Oxiteno andian</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,429<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,499)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(3,247)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(4,828)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_LandMember', window );">Land [member] | Gross carrying amount [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">687,108<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">667,865<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">620,879<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Property, plant, and equipment, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,424<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">21,300<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">43,420<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationPropertyPlantAndEquipment', window );">Property, plant, and equipment, depreciation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Property, plant, and equipment, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="nump">2,113<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">4,785<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsPropertyPlantAndEquipment', window );">Property, plant, and equipment, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(17,503)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(14,427)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(2,017)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Property, plant, and equipment, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,416<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">10,257<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,059<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment', window );">Property, plant, and equipment, reclassified to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="num">(65,151)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetirementsPropertyPlantAndEquipment', window );">Property, plant, and equipment, Oxiteno andian</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(261)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">610,294<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">687,108<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">667,865<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_LandMember', window );">Land [member] | Provision for losses and impairment [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(146)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(146)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(827)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Property, plant, and equipment, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationPropertyPlantAndEquipment', window );">Property, plant, and equipment, depreciation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Property, plant, and equipment, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsPropertyPlantAndEquipment', window );">Property, plant, and equipment, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Property, plant, and equipment, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment', window );">Property, plant, and equipment, reclassified to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetirementsPropertyPlantAndEquipment', window );">Property, plant, and equipment, Oxiteno andian</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">681<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">R$ (146)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">R$ (146)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">R$ (146)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_BuildingsMember', window );">Buildings [member] | Gross carrying amount [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment', window );">Property, plant, and equipment, weighted average useful life</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">33 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">32 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">32 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 2,154,710<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 1,925,946<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 1,801,073<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Property, plant, and equipment, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">47,920<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">25,572<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">18,117<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationPropertyPlantAndEquipment', window );">Property, plant, and equipment, depreciation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Property, plant, and equipment, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">119,748<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="nump">148,527<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">105,861<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsPropertyPlantAndEquipment', window );">Property, plant, and equipment, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(34,925)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(27,210)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(4,339)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Property, plant, and equipment, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">26,997<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">81,875<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">7,023<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment', window );">Property, plant, and equipment, reclassified to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="num">(827,729)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetirementsPropertyPlantAndEquipment', window );">Property, plant, and equipment, Oxiteno andian</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,789)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,486,721<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,154,710<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,925,946<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_BuildingsMember', window );">Buildings [member] | Accumulated depreciation [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(851,397)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(793,835)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(743,117)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Property, plant, and equipment, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationPropertyPlantAndEquipment', window );">Property, plant, and equipment, depreciation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(68,388)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(65,318)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(58,158)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Property, plant, and equipment, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(94)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="nump">2,376<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">187<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsPropertyPlantAndEquipment', window );">Property, plant, and equipment, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">23,031<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">20,021<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">4,681<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Property, plant, and equipment, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(6,872)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(14,641)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">893<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment', window );">Property, plant, and equipment, reclassified to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">317,874<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetirementsPropertyPlantAndEquipment', window );">Property, plant, and equipment, Oxiteno andian</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,679<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">R$ (585,846)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(851,397)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(793,835)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_BuildingsMember', window );">Buildings [member] | Provision for losses and impairment [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(306)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Property, plant, and equipment, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationPropertyPlantAndEquipment', window );">Property, plant, and equipment, depreciation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Property, plant, and equipment, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsPropertyPlantAndEquipment', window );">Property, plant, and equipment, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Property, plant, and equipment, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetirementsPropertyPlantAndEquipment', window );">Property, plant, and equipment, Oxiteno andian</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">306<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_LeaseholdImprovementsMember', window );">Leasehold improvements [member] | Gross carrying amount [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment', window );">Property, plant, and equipment, weighted average useful life</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">10 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">9 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">10 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 1,222,822<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 1,121,528<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 1,015,640<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Property, plant, and equipment, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">21,944<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">28,374<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">19,191<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationPropertyPlantAndEquipment', window );">Property, plant, and equipment, depreciation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Property, plant, and equipment, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">136,206<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="nump">89,559<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">129,234<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsPropertyPlantAndEquipment', window );">Property, plant, and equipment, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(31,587)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(16,954)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(42,552)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Property, plant, and equipment, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">30<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">315<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">15<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment', window );">Property, plant, and equipment, reclassified to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="num">(293,236)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetirementsPropertyPlantAndEquipment', window );">Property, plant, and equipment, Oxiteno andian</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,056,179<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,222,822<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,121,528<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_LeaseholdImprovementsMember', window );">Leasehold improvements [member] | Accumulated depreciation [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(689,161)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(614,379)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(558,042)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Property, plant, and equipment, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationPropertyPlantAndEquipment', window );">Property, plant, and equipment, depreciation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(81,976)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(80,995)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(84,664)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Property, plant, and equipment, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">81<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="nump">49<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">2,040<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsPropertyPlantAndEquipment', window );">Property, plant, and equipment, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">27,519<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">6,252<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">26,291<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Property, plant, and equipment, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(37)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(88)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(4)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment', window );">Property, plant, and equipment, reclassified to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">170,021<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetirementsPropertyPlantAndEquipment', window );">Property, plant, and equipment, Oxiteno andian</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(573,553)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(689,161)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(614,379)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_LeaseholdImprovementsMember', window );">Leasehold improvements [member] | Provision for losses and impairment [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(61)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,599)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,385)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Property, plant, and equipment, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(43,666)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">910<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,528)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationPropertyPlantAndEquipment', window );">Property, plant, and equipment, depreciation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Property, plant, and equipment, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsPropertyPlantAndEquipment', window );">Property, plant, and equipment, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">639<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">111<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Property, plant, and equipment, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(3)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(11)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,203<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment', window );">Property, plant, and equipment, reclassified to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">43,712<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetirementsPropertyPlantAndEquipment', window );">Property, plant, and equipment, Oxiteno andian</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">R$ (18)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">R$ (61)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">R$ (1,599)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_MachineryMember', window );">Machinery [member] | Gross carrying amount [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment', window );">Property, plant, and equipment, weighted average useful life</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">12 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">13 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">13 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 6,498,362<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 5,707,721<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 5,219,256<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Property, plant, and equipment, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">161,071<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">144,089<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">131,831<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationPropertyPlantAndEquipment', window );">Property, plant, and equipment, depreciation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Property, plant, and equipment, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">558,197<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="nump">378,883<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">365,953<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsPropertyPlantAndEquipment', window );">Property, plant, and equipment, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(13,811)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(5,554)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(4,967)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Property, plant, and equipment, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">93,412<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">273,223<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">9,596<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment', window );">Property, plant, and equipment, reclassified to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="num">(4,272,654)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetirementsPropertyPlantAndEquipment', window );">Property, plant, and equipment, Oxiteno andian</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(13,948)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 3,024,577<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 6,498,362<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">5,707,721<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_MachineryMember', window );">Machinery [member] | Gross carrying amount [member] | Right-of-use assets [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment', window );">Property, plant, and equipment, weighted average useful life</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">6 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">6 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_MachineryMember', window );">Machinery [member] | Accumulated depreciation [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">R$ (3,598,304)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">R$ (3,231,627)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(2,969,209)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Property, plant, and equipment, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationPropertyPlantAndEquipment', window );">Property, plant, and equipment, depreciation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(356,637)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(317,694)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(298,767)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Property, plant, and equipment, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="nump">59<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">2,983<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsPropertyPlantAndEquipment', window );">Property, plant, and equipment, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">11,717<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">4,091<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">3,510<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Property, plant, and equipment, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(21,651)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(53,133)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">16,340<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment', window );">Property, plant, and equipment, reclassified to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">2,206,474<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetirementsPropertyPlantAndEquipment', window );">Property, plant, and equipment, Oxiteno andian</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">13,516<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,758,401)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(3,598,304)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(3,231,627)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_MachineryMember', window );">Machinery [member] | Provision for losses and impairment [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(2,857)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(2,875)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(6,117)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Property, plant, and equipment, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(839)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationPropertyPlantAndEquipment', window );">Property, plant, and equipment, depreciation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Property, plant, and equipment, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsPropertyPlantAndEquipment', window );">Property, plant, and equipment, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">6<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">156<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">769<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Property, plant, and equipment, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(45)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(138)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,138<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment', window );">Property, plant, and equipment, reclassified to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">2,446<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetirementsPropertyPlantAndEquipment', window );">Property, plant, and equipment, Oxiteno andian</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,335<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">R$ (1,289)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">R$ (2,857)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">R$ (2,875)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ugp_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember', window );">Automotive fuel/lubricant distribution equipment and facilities [member] | Gross carrying amount [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment', window );">Property, plant, and equipment, weighted average useful life</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">13 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">13 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">14 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 3,169,320<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 2,991,472<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 2,864,333<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Property, plant, and equipment, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">88,112<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">90,279<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">103,288<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationPropertyPlantAndEquipment', window );">Property, plant, and equipment, depreciation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Property, plant, and equipment, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">33,794<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="nump">133,963<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">81,038<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsPropertyPlantAndEquipment', window );">Property, plant, and equipment, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(45,640)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(46,394)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(57,187)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Property, plant, and equipment, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment', window );">Property, plant, and equipment, reclassified to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetirementsPropertyPlantAndEquipment', window );">Property, plant, and equipment, Oxiteno andian</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,245,586<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">3,169,320<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,991,472<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ugp_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember', window );">Automotive fuel/lubricant distribution equipment and facilities [member] | Accumulated depreciation [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,906,953)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,766,878)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,657,608)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Property, plant, and equipment, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationPropertyPlantAndEquipment', window );">Property, plant, and equipment, depreciation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(178,110)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(176,404)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(159,961)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Property, plant, and equipment, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(311)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="num">(6)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsPropertyPlantAndEquipment', window );">Property, plant, and equipment, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">34,841<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">36,335<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">50,691<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Property, plant, and equipment, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment', window );">Property, plant, and equipment, reclassified to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetirementsPropertyPlantAndEquipment', window );">Property, plant, and equipment, Oxiteno andian</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(2,050,533)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,906,953)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,766,878)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ugp_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember', window );">Automotive fuel/lubricant distribution equipment and facilities [member] | Provision for losses and impairment [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(73)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(98)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(165)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Property, plant, and equipment, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationPropertyPlantAndEquipment', window );">Property, plant, and equipment, depreciation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Property, plant, and equipment, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsPropertyPlantAndEquipment', window );">Property, plant, and equipment, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">27<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">25<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">67<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Property, plant, and equipment, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment', window );">Property, plant, and equipment, reclassified to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetirementsPropertyPlantAndEquipment', window );">Property, plant, and equipment, Oxiteno andian</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">R$ (46)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">R$ (73)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">R$ (98)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ugp_LPGTanksAndBottlesMember', window );">LPG tanks and bottles [member] | Gross carrying amount [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment', window );">Property, plant, and equipment, weighted average useful life</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">9 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">10 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">10 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 776,479<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 755,460<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 743,016<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Property, plant, and equipment, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">91,842<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">65,230<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">65,351<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationPropertyPlantAndEquipment', window );">Property, plant, and equipment, depreciation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Property, plant, and equipment, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,567<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="nump">289<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="num">(6,993)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsPropertyPlantAndEquipment', window );">Property, plant, and equipment, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(28,957)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(44,500)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(45,914)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Property, plant, and equipment, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment', window );">Property, plant, and equipment, reclassified to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetirementsPropertyPlantAndEquipment', window );">Property, plant, and equipment, Oxiteno andian</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">840,931<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">776,479<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">755,460<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ugp_LPGTanksAndBottlesMember', window );">LPG tanks and bottles [member] | Accumulated depreciation [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(454,651)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(425,554)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(401,056)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Property, plant, and equipment, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationPropertyPlantAndEquipment', window );">Property, plant, and equipment, depreciation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(62,558)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(56,267)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(57,890)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Property, plant, and equipment, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="num">(30)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">4,467<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsPropertyPlantAndEquipment', window );">Property, plant, and equipment, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">18,899<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">27,200<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">28,925<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Property, plant, and equipment, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment', window );">Property, plant, and equipment, reclassified to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetirementsPropertyPlantAndEquipment', window );">Property, plant, and equipment, Oxiteno andian</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">R$ (498,310)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">R$ (454,651)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">R$ (425,554)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_VehiclesMember', window );">Vehicles [member] | Gross carrying amount [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment', window );">Property, plant, and equipment, weighted average useful life</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">8 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">8 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">7 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 310,836<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 320,161<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 308,756<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Property, plant, and equipment, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">19,054<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">22,495<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">24,686<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationPropertyPlantAndEquipment', window );">Property, plant, and equipment, depreciation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Property, plant, and equipment, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">11,634<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="nump">8,363<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">7,564<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsPropertyPlantAndEquipment', window );">Property, plant, and equipment, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(25,949)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(40,517)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(20,353)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Property, plant, and equipment, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">82<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">334<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(394)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment', window );">Property, plant, and equipment, reclassified to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="num">(27,418)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetirementsPropertyPlantAndEquipment', window );">Property, plant, and equipment, Oxiteno andian</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(98)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 288,239<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 310,836<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">320,161<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_VehiclesMember', window );">Vehicles [member] | Gross carrying amount [member] | Right-of-use assets [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment', window );">Property, plant, and equipment, weighted average useful life</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">4 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">4 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_VehiclesMember', window );">Vehicles [member] | Accumulated depreciation [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">R$ (143,854)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">R$ (139,045)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(123,650)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Property, plant, and equipment, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationPropertyPlantAndEquipment', window );">Property, plant, and equipment, depreciation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(22,927)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(24,585)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(27,106)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Property, plant, and equipment, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">195<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="nump">48<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">28<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsPropertyPlantAndEquipment', window );">Property, plant, and equipment, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">15,480<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">19,997<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">11,274<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Property, plant, and equipment, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(20)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(269)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">311<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment', window );">Property, plant, and equipment, reclassified to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">17,977<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetirementsPropertyPlantAndEquipment', window );">Property, plant, and equipment, Oxiteno andian</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">98<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(133,149)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(143,854)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">R$ (139,045)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_VehiclesMember', window );">Vehicles [member] | Provision for losses and impairment [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Property, plant, and equipment, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(160)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationPropertyPlantAndEquipment', window );">Property, plant, and equipment, depreciation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Property, plant, and equipment, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsPropertyPlantAndEquipment', window );">Property, plant, and equipment, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Property, plant, and equipment, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment', window );">Property, plant, and equipment, reclassified to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">160<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_FixturesAndFittingsMember', window );">Furniture [member] | Gross carrying amount [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment', window );">Property, plant, and equipment, weighted average useful life</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">8 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">9 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">9 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 316,712<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 295,604<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 279,016<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Property, plant, and equipment, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">33,644<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">13,985<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">15,009<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationPropertyPlantAndEquipment', window );">Property, plant, and equipment, depreciation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Property, plant, and equipment, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,277<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="nump">6,775<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">4,399<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsPropertyPlantAndEquipment', window );">Property, plant, and equipment, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(14,614)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(3,694)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(2,665)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Property, plant, and equipment, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,296<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">4,042<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">198<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment', window );">Property, plant, and equipment, reclassified to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="num">(171,223)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetirementsPropertyPlantAndEquipment', window );">Property, plant, and equipment, Oxiteno andian</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(353)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">168,092<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">316,712<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">295,604<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_FixturesAndFittingsMember', window );">Furniture [member] | Accumulated depreciation [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(191,713)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(171,475)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(155,339)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Property, plant, and equipment, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationPropertyPlantAndEquipment', window );">Property, plant, and equipment, depreciation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(23,594)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(21,060)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(18,944)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Property, plant, and equipment, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">24<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="nump">7<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="num">(12)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsPropertyPlantAndEquipment', window );">Property, plant, and equipment, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">14,443<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,988<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,280<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Property, plant, and equipment, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(817)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(2,173)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">204<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment', window );">Property, plant, and equipment, reclassified to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">89,369<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetirementsPropertyPlantAndEquipment', window );">Property, plant, and equipment, Oxiteno andian</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">336<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(112,288)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(191,713)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(171,475)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_FixturesAndFittingsMember', window );">Furniture [member] | Provision for losses and impairment [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(70)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Property, plant, and equipment, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(14,887)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationPropertyPlantAndEquipment', window );">Property, plant, and equipment, depreciation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Property, plant, and equipment, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsPropertyPlantAndEquipment', window );">Property, plant, and equipment, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Property, plant, and equipment, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment', window );">Property, plant, and equipment, reclassified to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">14,887<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetirementsPropertyPlantAndEquipment', window );">Property, plant, and equipment, Oxiteno andian</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">69<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ugp_ITEquipmentMember', window );">IT equipment [member] | Gross carrying amount [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment', window );">Property, plant, and equipment, weighted average useful life</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">5 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">5 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">5 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 444,844<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 412,809<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 395,063<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Property, plant, and equipment, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">28,350<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">32,134<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">21,771<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationPropertyPlantAndEquipment', window );">Property, plant, and equipment, depreciation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Property, plant, and equipment, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">901<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="nump">539<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">872<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsPropertyPlantAndEquipment', window );">Property, plant, and equipment, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(11,998)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(2,827)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(5,249)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Property, plant, and equipment, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">705<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,189<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">352<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment', window );">Property, plant, and equipment, reclassified to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="num">(132,427)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetirementsPropertyPlantAndEquipment', window );">Property, plant, and equipment, Oxiteno andian</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">330,375<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">444,844<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">412,809<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ugp_ITEquipmentMember', window );">IT equipment [member] | Accumulated depreciation [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(352,256)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(318,063)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(288,083)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Property, plant, and equipment, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationPropertyPlantAndEquipment', window );">Property, plant, and equipment, depreciation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(35,614)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(35,080)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(34,782)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Property, plant, and equipment, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">317<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="nump">122<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">50<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsPropertyPlantAndEquipment', window );">Property, plant, and equipment, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">11,489<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,676<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">5,061<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Property, plant, and equipment, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(435)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,911)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(309)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment', window );">Property, plant, and equipment, reclassified to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">106,965<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetirementsPropertyPlantAndEquipment', window );">Property, plant, and equipment, Oxiteno andian</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(269,534)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(352,256)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(318,063)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ugp_ITEquipmentMember', window );">IT equipment [member] | Provision for losses and impairment [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Property, plant, and equipment, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,660)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationPropertyPlantAndEquipment', window );">Property, plant, and equipment, depreciation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Property, plant, and equipment, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsPropertyPlantAndEquipment', window );">Property, plant, and equipment, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Property, plant, and equipment, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment', window );">Property, plant, and equipment, reclassified to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">1,660<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_ConstructionInProgressMember', window );">Construction in progress [member] | Gross carrying amount [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">580,695<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">827,086<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">922,799<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Property, plant, and equipment, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">797,674<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">506,367<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">591,525<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationPropertyPlantAndEquipment', window );">Property, plant, and equipment, depreciation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Property, plant, and equipment, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(829,245)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="num">(765,785)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="num">(695,301)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsPropertyPlantAndEquipment', window );">Property, plant, and equipment, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(301)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,167)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(108)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Property, plant, and equipment, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,290<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">14,194<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">8,344<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment', window );">Property, plant, and equipment, reclassified to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="num">(99,865)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetirementsPropertyPlantAndEquipment', window );">Property, plant, and equipment, Oxiteno andian</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(173)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">452,248<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">580,695<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">827,086<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_ConstructionInProgressMember', window );">Construction in progress [member] | Accumulated depreciation [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(7,460,856)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(6,896,104)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Property, plant, and equipment, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationPropertyPlantAndEquipment', window );">Property, plant, and equipment, depreciation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(740,272)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Property, plant, and equipment, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">9,743<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsPropertyPlantAndEquipment', window );">Property, plant, and equipment, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">132,713<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Property, plant, and equipment, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">17,435<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetirementsPropertyPlantAndEquipment', window );">Property, plant, and equipment, Oxiteno andian</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">15,629<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(7,460,856)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_ConstructionInProgressMember', window );">Construction in progress [member] | Provision for losses and impairment [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(38)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Property, plant, and equipment, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationPropertyPlantAndEquipment', window );">Property, plant, and equipment, depreciation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Property, plant, and equipment, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsPropertyPlantAndEquipment', window );">Property, plant, and equipment, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Property, plant, and equipment, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetirementsPropertyPlantAndEquipment', window );">Property, plant, and equipment, Oxiteno andian</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">38<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ugp_AdvancesToSuppliersMember', window );">Advances to suppliers [member] | Gross carrying amount [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">34,642<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">12,544<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">14,088<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Property, plant, and equipment, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">21,985<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">28,339<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">7,378<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationPropertyPlantAndEquipment', window );">Property, plant, and equipment, depreciation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Property, plant, and equipment, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(18,894)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="num">(6,185)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="num">(8,921)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsPropertyPlantAndEquipment', window );">Property, plant, and equipment, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(56)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Property, plant, and equipment, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment', window );">Property, plant, and equipment, reclassified to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="num">(23,452)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetirementsPropertyPlantAndEquipment', window );">Property, plant, and equipment, Oxiteno andian</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">14,281<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">34,642<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">12,544<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ugp_AdvancesToSuppliersMember', window );">Advances to suppliers [member] | Provision for losses and impairment [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(110)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(110)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(83)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Property, plant, and equipment, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(27)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationPropertyPlantAndEquipment', window );">Property, plant, and equipment, depreciation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Property, plant, and equipment, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsPropertyPlantAndEquipment', window );">Property, plant, and equipment, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Property, plant, and equipment, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment', window );">Property, plant, and equipment, reclassified to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">110<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetirementsPropertyPlantAndEquipment', window );">Property, plant, and equipment, Oxiteno andian</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(110)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(110)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ugp_ImportsInProgressMember', window );">Imports in progress [member] | Gross carrying amount [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">866<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">250<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">41<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Property, plant, and equipment, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">4,312<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,437<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">9,513<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationPropertyPlantAndEquipment', window );">Property, plant, and equipment, depreciation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Property, plant, and equipment, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(4,631)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="num">(822)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="num">(9,304)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsPropertyPlantAndEquipment', window );">Property, plant, and equipment, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Property, plant, and equipment, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">38<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment', window );">Property, plant, and equipment, reclassified to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="num">(404)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetirementsPropertyPlantAndEquipment', window );">Property, plant, and equipment, Oxiteno andian</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant, and equipment, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 181<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 866<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 250<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr><td colspan="7"></td></tr>
<tr><td colspan="7"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Includes R$ <span style="font-family: 'Times New Roman';">11,935</span><span style="font-family: 'Times New Roman';"> transferred</span><span style="font-family: 'Times New Roman';"> from right-of-use</span><span style="font-family: 'Times New Roman';"> assets</span><span style="font-family: 'Times New Roman';">.</span></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top">Refers to <span style="font-family: 'Times New Roman';">R</span><span style="font-family: 'Times New Roman';">$ </span><span style="font-family: 'Times New Roman';">169</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">transferred </span><span style="font-family: 'Times New Roman';">to</span><span style="font-family: 'Times New Roman';"> intangible assets.</span></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[3]</td>
<td style="vertical-align: top;" valign="top">Refers to amounts transferred between items and to intangible assets.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[4]</td>
<td style="vertical-align: top;" valign="top">Refers to amounts transferred to intangible assets, inventories and right<span style="font-family: 'Times New Roman';">-of-</span><span style="font-family: 'Times New Roman';">use assets.</span></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[5]</td>
<td style="vertical-align: top;" valign="top"><span style="border-right: none; border-left: none;">For further information, see Note 3.c.1.</span></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[6]</td>
<td style="vertical-align: top;" valign="top">Refers to the asset write-offs of Oxiteno Andina.</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of additions to property, plant and equipment other than those acquired through business combinations. [Refer: Business combinations [member]; Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 73<br> -Subparagraph e<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_73_e_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The decrease in property, plant and equipment through classification as held for sale or inclusion in a disposal group classified as held for sale. [Refer: Disposal groups classified as held for sale [member]; Property, plant and equipment; Disposal groups classified as held for sale [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 73<br> -Subparagraph e<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_73_e_ii&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DepreciationPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of depreciation of property, plant and equipment. [Refer: Depreciation and amortisation expense; Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 73<br> -Subparagraph e<br> -Clause vii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_73_e_vii&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 75<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_75_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DepreciationPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisposalsPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The decrease in property, plant and equipment resulting from disposals. [Refer: Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 73<br> -Subparagraph e<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_73_e_ii&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisposalsPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in property, plant and equipment resulting from net exchange differences arising on the translation of the financial statements from the functional currency into a different presentation currency, including the translation of a foreign operation into the presentation currency of the reporting entity. [Refer: Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 73<br> -Subparagraph e<br> -Clause viii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_73_e_viii&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in property, plant and equipment resulting from transfers. [Refer: Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 73<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_73_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of tangible assets that: (a) are held for use in the production or supply of goods or services, for rental to others, or for administrative purposes; and (b) are expected to be used during more than one period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 73<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_73_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 54<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_54_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RetirementsPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The decrease in property, plant and equipment resulting from retirements. [Refer: Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 73<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_73_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RetirementsPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The useful life, measured as period of time, used for property, plant and equipment. [Refer: Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 73<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_73_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=ifrs-full_RightofuseAssetsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=ifrs-full_RightofuseAssetsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis=ifrs-full_IntangibleAssetsOtherThanGoodwillMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis=ifrs-full_IntangibleAssetsOtherThanGoodwillMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_GrossCarryingAmountMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_GrossCarryingAmountMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedDepreciationAndAmortisationMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedDepreciationAndAmortisationMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedImpairmentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedImpairmentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_LandMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_LandMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_BuildingsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_BuildingsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_LeaseholdImprovementsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_LeaseholdImprovementsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_MachineryMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_MachineryMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ugp_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ugp_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ugp_LPGTanksAndBottlesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ugp_LPGTanksAndBottlesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_VehiclesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_VehiclesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_FixturesAndFittingsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_FixturesAndFittingsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ugp_ITEquipmentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ugp_ITEquipmentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_ConstructionInProgressMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_ConstructionInProgressMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ugp_AdvancesToSuppliersMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ugp_AdvancesToSuppliersMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ugp_ImportsInProgressMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ugp_ImportsInProgressMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>166
<FILENAME>R137.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147262507176">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Intangible Assets - Balance and changes in intangible assets (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="6">12 Months Ended</th>
</tr>
<tr>
<th class="th" colspan="2"><div>Dec. 31, 2021</div></th>
<th class="th" colspan="2"><div>Dec. 31, 2020</div></th>
<th class="th" colspan="2"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Intangible assets, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 1,782,655<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 1,762,593<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 2,369,355<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill', window );">Intangible assets, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">318,335<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">310,412<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">441,748<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill', window );">Intangible assets, amortization</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(212,222)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(182,681)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(120,492)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill', window );">Intangible assets, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">169<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(65)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(6,442)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsIntangibleAssetsAndGoodwill', window );">Intangible assets, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(177,334)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(128,545)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(920)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill', window );">Intangible assets, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">4,923<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">20,941<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,788<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill', window );">Intangible assets, reclassification to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="num">(245,270)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetirementsIntangibleAssetsAndGoodwill', window );">Intangible assets, oxiteno andian</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(451)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(163)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(290)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Intangible assets, ending balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,471,256<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,782,655<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,762,593<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InitiallyAppliedIFRSsAxis=ugp_IFRS16Member', window );">IFRS 16 [Member] | Intangibles assets arising from business combination</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountOfReclassificationsOrChangesInPresentation', window );">Intangible assets, IFRS 16</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(39,928)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_OxitenoAndinaCAMember', window );">Oxiteno Andina C A [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetirementsIntangibleAssetsAndGoodwill', window );">Intangible assets, oxiteno andian</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(20)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis=ugp_DistributionRightsAssetMember', window );">Distribution rights asset [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Intangible assets, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Intangible assets, ending balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_GrossCarryingAmountMember', window );">Cost [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Intangible assets, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,388,802<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">3,191,963<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">3,105,856<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountOfReclassificationsOrChangesInPresentation', window );">Intangible assets, IFRS 16</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(56,114)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill', window );">Intangible assets, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">462,826<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">310,412<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">151,997<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill', window );">Intangible assets, amortization</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill', window );">Intangible assets, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">372<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(65)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(10,098)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsIntangibleAssetsAndGoodwill', window );">Intangible assets, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(196,663)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(138,854)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(3,187)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill', window );">Intangible assets, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">6,491<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">25,346<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">3,790<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill', window );">Intangible assets, reclassification to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="num">(1,397,748)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetirementsIntangibleAssetsAndGoodwill', window );">Intangible assets, oxiteno andian</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(281)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Intangible assets, ending balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,264,080<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">3,388,802<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">3,191,963<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_GrossCarryingAmountMember', window );">Cost [member] | Goodwill [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Intangible assets, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,525,088<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,525,088<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,525,088<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountOfReclassificationsOrChangesInPresentation', window );">Intangible assets, IFRS 16</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill', window );">Intangible assets, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill', window );">Intangible assets, amortization</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill', window );">Intangible assets, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsIntangibleAssetsAndGoodwill', window );">Intangible assets, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill', window );">Intangible assets, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill', window );">Intangible assets, reclassification to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="num">(706,992)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetirementsIntangibleAssetsAndGoodwill', window );">Intangible assets, oxiteno andian</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Intangible assets, ending balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 818,096<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 1,525,088<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 1,525,088<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_GrossCarryingAmountMember', window );">Cost [member] | Software [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill', window );">Weighted average useful life (years)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">4 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">4 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">3 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Intangible assets, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 1,395,046<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 1,210,529<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 1,062,486<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountOfReclassificationsOrChangesInPresentation', window );">Intangible assets, IFRS 16</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill', window );">Intangible assets, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">284,311<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">184,027<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">145,004<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill', window );">Intangible assets, amortization</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill', window );">Intangible assets, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">372<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">993<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">2,553<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsIntangibleAssetsAndGoodwill', window );">Intangible assets, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(19,826)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(6,633)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(784)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill', window );">Intangible assets, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,808<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">6,130<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,551<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill', window );">Intangible assets, reclassification to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="num">(514,731)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetirementsIntangibleAssetsAndGoodwill', window );">Intangible assets, oxiteno andian</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(281)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Intangible assets, ending balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,146,980<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,395,046<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 1,210,529<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_GrossCarryingAmountMember', window );">Cost [member] | Technology [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill', window );">Weighted average useful life (years)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">5 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Intangible assets, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">32,617<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">32,617<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 32,617<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountOfReclassificationsOrChangesInPresentation', window );">Intangible assets, IFRS 16</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill', window );">Intangible assets, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill', window );">Intangible assets, amortization</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill', window );">Intangible assets, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsIntangibleAssetsAndGoodwill', window );">Intangible assets, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill', window );">Intangible assets, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill', window );">Intangible assets, reclassification to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="num">(32,617)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetirementsIntangibleAssetsAndGoodwill', window );">Intangible assets, oxiteno andian</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Intangible assets, ending balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">32,617<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 32,617<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_GrossCarryingAmountMember', window );">Cost [member] | Commercial property rights [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill', window );">Weighted average useful life (years)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">10 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Intangible assets, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">7,934<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 64,032<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountOfReclassificationsOrChangesInPresentation', window );">Intangible assets, IFRS 16</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(56,114)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill', window );">Intangible assets, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">3,820<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill', window );">Intangible assets, amortization</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill', window );">Intangible assets, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(1,401)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsIntangibleAssetsAndGoodwill', window );">Intangible assets, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(7,934)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(2,403)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill', window );">Intangible assets, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetirementsIntangibleAssetsAndGoodwill', window );">Intangible assets, oxiteno andian</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Intangible assets, ending balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 7,934<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_GrossCarryingAmountMember', window );">Cost [member] | Distribution rights asset [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill', window );">Weighted average useful life (years)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">12 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">10 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">6 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Intangible assets, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 133,599<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 133,599<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 142,989<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountOfReclassificationsOrChangesInPresentation', window );">Intangible assets, IFRS 16</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill', window );">Intangible assets, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,505<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill', window );">Intangible assets, amortization</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill', window );">Intangible assets, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(10,895)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsIntangibleAssetsAndGoodwill', window );">Intangible assets, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill', window );">Intangible assets, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill', window );">Intangible assets, reclassification to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="num">(19,006)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetirementsIntangibleAssetsAndGoodwill', window );">Intangible assets, oxiteno andian</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Intangible assets, ending balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">114,593<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">133,599<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">133,599<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_GrossCarryingAmountMember', window );">Cost [member] | Brands [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Intangible assets, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">136,962<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">122,504<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">120,571<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountOfReclassificationsOrChangesInPresentation', window );">Intangible assets, IFRS 16</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill', window );">Intangible assets, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill', window );">Intangible assets, amortization</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill', window );">Intangible assets, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsIntangibleAssetsAndGoodwill', window );">Intangible assets, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill', window );">Intangible assets, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">4,759<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">14,458<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,933<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill', window );">Intangible assets, reclassification to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="num">(72,523)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetirementsIntangibleAssetsAndGoodwill', window );">Intangible assets, oxiteno andian</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Intangible assets, ending balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 69,198<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 136,962<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 122,504<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_GrossCarryingAmountMember', window );">Cost [member] | Trademark rights [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill', window );">Weighted average useful life (years)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">39 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">39 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">35 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Intangible assets, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 114,792<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 114,792<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 114,792<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountOfReclassificationsOrChangesInPresentation', window );">Intangible assets, IFRS 16</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill', window );">Intangible assets, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill', window );">Intangible assets, amortization</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill', window );">Intangible assets, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsIntangibleAssetsAndGoodwill', window );">Intangible assets, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill', window );">Intangible assets, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill', window );">Intangible assets, reclassification to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetirementsIntangibleAssetsAndGoodwill', window );">Intangible assets, oxiteno andian</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Intangible assets, ending balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 114,792<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 114,792<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 114,792<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_GrossCarryingAmountMember', window );">Cost [member] | Others [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill', window );">Weighted average useful life (years)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">10 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">10 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">10 years<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Intangible assets, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 50,698<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 44,900<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 43,281<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountOfReclassificationsOrChangesInPresentation', window );">Intangible assets, IFRS 16</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill', window );">Intangible assets, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,678<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,040<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,668<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill', window );">Intangible assets, amortization</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill', window );">Intangible assets, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(355)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsIntangibleAssetsAndGoodwill', window );">Intangible assets, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill', window );">Intangible assets, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(76)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">4,758<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">306<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill', window );">Intangible assets, reclassification to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="num">(51,879)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetirementsIntangibleAssetsAndGoodwill', window );">Intangible assets, oxiteno andian</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Intangible assets, ending balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">421<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">50,698<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">44,900<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_GrossCarryingAmountMember', window );">Cost [member] | Decarbonization credits [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Intangible assets, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill', window );">Intangible assets, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">176,837<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">125,345<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill', window );">Intangible assets, amortization</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill', window );">Intangible assets, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(1,058)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsIntangibleAssetsAndGoodwill', window );">Intangible assets, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(176,837)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(124,287)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill', window );">Intangible assets, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill', window );">Intangible assets, reclassification to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Intangible assets, ending balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedDepreciationAndAmortisationMember', window );">Accumulated amortization [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Intangible assets, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,012,867)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(835,625)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(736,501)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountOfReclassificationsOrChangesInPresentation', window );">Intangible assets, IFRS 16</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">16,186<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill', window );">Intangible assets, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill', window );">Intangible assets, amortization</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(212,222)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(182,681)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(120,492)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill', window );">Intangible assets, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(203)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">3,656<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsIntangibleAssetsAndGoodwill', window );">Intangible assets, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">19,329<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">9,844<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,267<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill', window );">Intangible assets, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,568)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(4,405)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,002)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill', window );">Intangible assets, reclassification to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="nump">414,707<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetirementsIntangibleAssetsAndGoodwill', window );">Intangible assets, oxiteno andian</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">261<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Intangible assets, ending balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(792,824)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,012,867)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(835,625)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedDepreciationAndAmortisationMember', window );">Accumulated amortization [member] | Software [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Intangible assets, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(825,024)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(648,861)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(537,438)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountOfReclassificationsOrChangesInPresentation', window );">Intangible assets, IFRS 16</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill', window );">Intangible assets, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill', window );">Intangible assets, amortization</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(206,025)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(175,144)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(110,088)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill', window );">Intangible assets, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(203)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">13<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsIntangibleAssetsAndGoodwill', window );">Intangible assets, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">19,329<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">3,375<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">611<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill', window );">Intangible assets, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,566)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(4,394)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(998)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill', window );">Intangible assets, reclassification to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="nump">334,087<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetirementsIntangibleAssetsAndGoodwill', window );">Intangible assets, oxiteno andian</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">261<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Intangible assets, ending balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(679,402)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(825,024)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(648,861)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedDepreciationAndAmortisationMember', window );">Accumulated amortization [member] | Technology [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Intangible assets, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(32,616)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(32,616)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(32,613)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountOfReclassificationsOrChangesInPresentation', window );">Intangible assets, IFRS 16</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill', window );">Intangible assets, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill', window );">Intangible assets, amortization</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(3)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill', window );">Intangible assets, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsIntangibleAssetsAndGoodwill', window );">Intangible assets, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill', window );">Intangible assets, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill', window );">Intangible assets, reclassification to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="nump">32,616<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetirementsIntangibleAssetsAndGoodwill', window );">Intangible assets, oxiteno andian</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Intangible assets, ending balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(32,616)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(32,616)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedDepreciationAndAmortisationMember', window );">Accumulated amortization [member] | Commercial property rights [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Intangible assets, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(6,384)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(23,931)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountOfReclassificationsOrChangesInPresentation', window );">Intangible assets, IFRS 16</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">16,186<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill', window );">Intangible assets, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill', window );">Intangible assets, amortization</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(85)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(848)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill', window );">Intangible assets, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(669)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsIntangibleAssetsAndGoodwill', window );">Intangible assets, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">6,469<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,878<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill', window );">Intangible assets, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetirementsIntangibleAssetsAndGoodwill', window );">Intangible assets, oxiteno andian</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Intangible assets, ending balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(6,384)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedDepreciationAndAmortisationMember', window );">Accumulated amortization [member] | Distribution rights asset [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Intangible assets, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(113,326)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(108,932)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(106,597)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountOfReclassificationsOrChangesInPresentation', window );">Intangible assets, IFRS 16</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill', window );">Intangible assets, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill', window );">Intangible assets, amortization</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(3,093)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(4,394)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(6,511)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill', window );">Intangible assets, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">4,176<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsIntangibleAssetsAndGoodwill', window );">Intangible assets, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill', window );">Intangible assets, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill', window );">Intangible assets, reclassification to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="nump">15,392<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetirementsIntangibleAssetsAndGoodwill', window );">Intangible assets, oxiteno andian</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Intangible assets, ending balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(101,027)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(113,326)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(108,932)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedDepreciationAndAmortisationMember', window );">Accumulated amortization [member] | Trademark rights [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Intangible assets, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(9,056)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(6,119)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(3,182)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountOfReclassificationsOrChangesInPresentation', window );">Intangible assets, IFRS 16</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill', window );">Intangible assets, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill', window );">Intangible assets, amortization</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(2,937)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(2,937)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(2,937)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill', window );">Intangible assets, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsIntangibleAssetsAndGoodwill', window );">Intangible assets, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill', window );">Intangible assets, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill', window );">Intangible assets, reclassification to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetirementsIntangibleAssetsAndGoodwill', window );">Intangible assets, oxiteno andian</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Intangible assets, ending balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(11,993)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(9,056)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(6,119)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedDepreciationAndAmortisationMember', window );">Accumulated amortization [member] | Others [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Intangible assets, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(32,845)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(32,713)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(32,740)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountOfReclassificationsOrChangesInPresentation', window );">Intangible assets, IFRS 16</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill', window );">Intangible assets, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill', window );">Intangible assets, amortization</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(167)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(121)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(105)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill', window );">Intangible assets, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">136<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsIntangibleAssetsAndGoodwill', window );">Intangible assets, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill', window );">Intangible assets, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(2)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(11)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(4)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill', window );">Intangible assets, reclassification to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="nump">32,612<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetirementsIntangibleAssetsAndGoodwill', window );">Intangible assets, oxiteno andian</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Intangible assets, ending balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(402)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(32,845)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(32,713)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedImpairmentMember', window );">Provision for losses and impairment [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Intangible assets, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(593,280)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(593,745)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountOfReclassificationsOrChangesInPresentation', window );">Intangible assets, IFRS 16</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill', window );">Intangible assets, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(144,491)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(593,745)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill', window );">Intangible assets, amortization</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill', window );">Intangible assets, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsIntangibleAssetsAndGoodwill', window );">Intangible assets, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">465<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill', window );">Intangible assets, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill', window );">Intangible assets, reclassification to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="nump">737,771<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetirementsIntangibleAssetsAndGoodwill', window );">Intangible assets, oxiteno andian</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Intangible assets, ending balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(593,280)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(593,745)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedImpairmentMember', window );">Provision for losses and impairment [member] | Goodwill [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Intangible assets, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(593,280)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(593,280)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountOfReclassificationsOrChangesInPresentation', window );">Intangible assets, IFRS 16</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill', window );">Intangible assets, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(68,273)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(593,280)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill', window );">Intangible assets, amortization</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill', window );">Intangible assets, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsIntangibleAssetsAndGoodwill', window );">Intangible assets, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill', window );">Intangible assets, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill', window );">Intangible assets, reclassification to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="nump">661,553<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetirementsIntangibleAssetsAndGoodwill', window );">Intangible assets, oxiteno andian</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Intangible assets, ending balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(593,280)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(593,280)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedImpairmentMember', window );">Provision for losses and impairment [member] | Commercial property rights [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Intangible assets, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(465)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountOfReclassificationsOrChangesInPresentation', window );">Intangible assets, IFRS 16</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill', window );">Intangible assets, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(465)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill', window );">Intangible assets, amortization</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill', window );">Intangible assets, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsIntangibleAssetsAndGoodwill', window );">Intangible assets, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">465<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill', window );">Intangible assets, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetirementsIntangibleAssetsAndGoodwill', window );">Intangible assets, oxiteno andian</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Intangible assets, ending balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">R$ (465)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedImpairmentMember', window );">Provision for losses and impairment [member] | Distribution rights asset [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill', window );">Intangible assets, additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(76,218)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill', window );">Intangible assets, amortization</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill', window );">Intangible assets, transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsIntangibleAssetsAndGoodwill', window );">Intangible assets, write-offs and disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill', window );">Intangible assets, effect of foreign currency exchange rate variation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill', window );">Intangible assets, reclassification to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="nump">76,218<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Intangible assets, ending balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr><td colspan="7"></td></tr>
<tr><td colspan="7"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Refers to amounts transferred from PP&amp;E.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top">Refers to amounts transferred to property, plant and equipment and prepaid expenses.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[3]</td>
<td style="vertical-align: top;" valign="top">Refers to amounts transferred to PP&amp;E and right-of-use assets.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[4]</td>
<td style="vertical-align: top;" valign="top"><span style="border-left: none; border-right: none;">For further information, see Note <span style="border-left: none; border-right: none;">3</span>.c.<span style="border-left: none; border-right: none;">1</span>.</span></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[5]</td>
<td style="vertical-align: top;" valign="top">Refers to the asset write-offs of Oxiteno Andina.</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of additions to intangible assets other than goodwill, other than those acquired through business combinations. [Refer: Business combinations [member]; Intangible assets other than goodwill]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 38<br> -IssueDate 2021-01-01<br> -Paragraph 118<br> -Subparagraph e<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=38&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_118_e_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of amortisation of intangible assets other than goodwill. [Refer: Depreciation and amortisation expense; Intangible assets other than goodwill]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 38<br> -IssueDate 2021-01-01<br> -Paragraph 118<br> -Subparagraph e<br> -Clause vi<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=38&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_118_e_vi&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AmountOfReclassificationsOrChangesInPresentation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount that is reclassified when the entity changes classification or presentation in its financial statements.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 41<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_41_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AmountOfReclassificationsOrChangesInPresentation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The decrease in intangible assets and goodwill resulting from classification as held for sale or inclusion in a disposal group classified as held for sale. [Refer: Disposal groups classified as held for sale [member]; Intangible assets and goodwill]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 38<br> -IssueDate 2021-01-01<br> -Paragraph 118<br> -Subparagraph e<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=38&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_118_e_ii&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfIntangibleAssetsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisposalsIntangibleAssetsAndGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The decrease in intangible assets and goodwill resulting from disposals. [Refer: Intangible assets and goodwill]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 38<br> -IssueDate 2021-01-01<br> -Paragraph 118<br> -Subparagraph e<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=38&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_118_e_ii&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisposalsIntangibleAssetsAndGoodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in intangible assets and goodwill resulting from the net exchange differences arising when the financial statements are translated from the functional currency into a different presentation currency, including the translation of a foreign operation into the presentation currency of the reporting entity. [Refer: Intangible assets and goodwill]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 38<br> -IssueDate 2021-01-01<br> -Paragraph 118<br> -Subparagraph e<br> -Clause vii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=38&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_118_e_vii&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in intangible assets and goodwill resulting from transfers. [Refer: Intangible assets and goodwill]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 38<br> -IssueDate 2021-01-01<br> -Paragraph 118<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=38&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_118_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IntangibleAssetsAndGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of intangible assets and goodwill held by the entity. [Refer: Goodwill; Intangible assets other than goodwill]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IntangibleAssetsAndGoodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RetirementsIntangibleAssetsAndGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The decrease in intangible assets and goodwill resulting from retirements. [Refer: Intangible assets and goodwill]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 38<br> -IssueDate 2021-01-01<br> -Paragraph 118<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=38&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_118_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RetirementsIntangibleAssetsAndGoodwill</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The useful life, measured as period of time, used for intangible assets other than goodwill. [Refer: Intangible assets other than goodwill]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 38<br> -IssueDate 2021-01-01<br> -Paragraph 118<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=38&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_118_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill</td>
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<td>na</td>
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<td>na</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
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<td><strong> Name:</strong></td>
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<td><strong> Name:</strong></td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis=ugp_CommercialPropertyRightsMember</td>
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</head>
<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147278984184">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Intangible Assets - Amortization expenses (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill', window );">Amortization expense</a></td>
<td class="nump">R$ 212,222<span></span>
</td>
<td class="nump">R$ 182,681<span></span>
</td>
<td class="nump">R$ 120,492<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of amortisation of intangible assets other than goodwill. [Refer: Depreciation and amortisation expense; Intangible assets other than goodwill]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 38<br> -IssueDate 2021-01-01<br> -Paragraph 118<br> -Subparagraph e<br> -Clause vi<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=38&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_118_e_vi&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfIntangibleAssetsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>168
<FILENAME>R139.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147274977688">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Intangible Assets - Balances of goodwill (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillLineItems', window );"><strong>Disclosure of reconciliation of changes in goodwill [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionalRecognitionGoodwill', window );">Goodwill</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 818,096<span></span>
</td>
<td class="nump">R$ 931,808<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BusinessCombinationsAxis=ugp_ExtrafarmaMember', window );">Extrafarma [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillLineItems', window );"><strong>Disclosure of reconciliation of changes in goodwill [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwillGross', window );">Goodwill acquisition gross</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">661,553<span></span>
</td>
<td class="nump">661,553<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill', window );">Goodwill acquisition impairment</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">R$ 661,553<span></span>
</td>
<td class="nump">593,280<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_GoodwillAcquisitionSegment', window );">Segment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Extrafarma<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionalRecognitionGoodwill', window );">Goodwill</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="nump">68,273<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BusinessCombinationsAxis=ugp_IpirangaMember', window );">Ipiranga [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillLineItems', window );"><strong>Disclosure of reconciliation of changes in goodwill [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_GoodwillAcquisitionSegment', window );">Segment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Ipiranga<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionalRecognitionGoodwill', window );">Goodwill</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">R$ 276,724<span></span>
</td>
<td class="nump">276,724<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BusinessCombinationsAxis=ugp_UniaoTerminaisMember', window );">Uniao Terminais [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillLineItems', window );"><strong>Disclosure of reconciliation of changes in goodwill [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_GoodwillAcquisitionSegment', window );">Segment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Ultracargo<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionalRecognitionGoodwill', window );">Goodwill</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 211,089<span></span>
</td>
<td class="nump">211,089<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BusinessCombinationsAxis=ugp_TexacoMember', window );">Texaco [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillLineItems', window );"><strong>Disclosure of reconciliation of changes in goodwill [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_GoodwillAcquisitionSegment', window );">Segment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Ipiranga<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionalRecognitionGoodwill', window );">Goodwill</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 177,759<span></span>
</td>
<td class="nump">177,759<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BusinessCombinationsAxis=ugp_IconicCblsamemberMember', window );">Iconic (CBLSA)[member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillLineItems', window );"><strong>Disclosure of reconciliation of changes in goodwill [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_GoodwillAcquisitionSegment', window );">Segment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Ipiranga<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionalRecognitionGoodwill', window );">Goodwill</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 69,807<span></span>
</td>
<td class="nump">69,807<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BusinessCombinationsAxis=ugp_OxitenoUruguayMember', window );">Oxiteno Uruguay S.A. [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillLineItems', window );"><strong>Disclosure of reconciliation of changes in goodwill [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_GoodwillAcquisitionSegment', window );">Segment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Oxiteno<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionalRecognitionGoodwill', window );">Goodwill</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="text"> <span></span>
</td>
<td class="nump">44,856<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BusinessCombinationsAxis=ugp_TemmarMember', window );">Temmar [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillLineItems', window );"><strong>Disclosure of reconciliation of changes in goodwill [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_GoodwillAcquisitionSegment', window );">Segment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Ultracargo<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionalRecognitionGoodwill', window );">Goodwill</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 43,781<span></span>
</td>
<td class="nump">43,781<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BusinessCombinationsAxis=ugp_DNPMember', window );">DNP [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillLineItems', window );"><strong>Disclosure of reconciliation of changes in goodwill [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_GoodwillAcquisitionSegment', window );">Segment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Ipiranga<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionalRecognitionGoodwill', window );">Goodwill</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 24,736<span></span>
</td>
<td class="nump">24,736<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BusinessCombinationsAxis=ugp_RepsolMember', window );">Repsol [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillLineItems', window );"><strong>Disclosure of reconciliation of changes in goodwill [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_GoodwillAcquisitionSegment', window );">Segment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Ultragaz<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionalRecognitionGoodwill', window );">Goodwill</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 13,403<span></span>
</td>
<td class="nump">13,403<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BusinessCombinationsAxis=ugp_TEASTerminalExportadorDeAlcoolDeSantosLtdaMember', window );">TEAS Terminal Exportador de Alcool de Santos Ltda. [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillLineItems', window );"><strong>Disclosure of reconciliation of changes in goodwill [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_GoodwillAcquisitionSegment', window );">Segment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Ultracargo<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionalRecognitionGoodwill', window );">Goodwill</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 797<span></span>
</td>
<td class="nump">797<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BusinessCombinationsAxis=ifrs-full_BusinessCombinationsMember', window );">Others [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillLineItems', window );"><strong>Disclosure of reconciliation of changes in goodwill [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_GoodwillAcquisitionSegment', window );">Segment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Oxiteno<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionalRecognitionGoodwill', window );">Goodwill</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="text"> <span></span>
</td>
<td class="nump">R$ 583<span></span>
</td>
</tr>
<tr><td colspan="3"></td></tr>
<tr><td colspan="3"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">For further information, see Note <span style="border-left: none; border-right: none;">3</span>.a.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top"><span style="border-right: none; border-left: none;">Including R$ </span><span style="border-right: none; border-left: none;">246,163</span><span style="border-right: none; border-left: none;"> presented as goodwill at parent Company Ultrapar.</span></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[3]</td>
<td style="vertical-align: top;" valign="top">For further information about reclassification, see Note <span style="border-left: none; border-right: none;">3</span>.c.<span style="border-left: none; border-right: none;">1</span>.</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdditionalRecognitionGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of additional goodwill recognised, except goodwill included in a disposal group that, on acquisition, meets the criteria to be classified as held for sale in accordance with IFRS 5. [Refer: Goodwill; Disposal groups classified as held for sale [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2021-01-01<br> -Paragraph B67<br> -Subparagraph d<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=3&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B67_d_ii&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdditionalRecognitionGoodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of impairment loss recognised in profit or loss for goodwill. [Refer: Impairment loss recognised in profit or loss; Goodwill]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2021-01-01<br> -Paragraph B67<br> -Subparagraph d<br> -Clause v<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=3&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B67_d_v&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwillGross">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Acquisitions through business combinations intangible assets and goodwill gross.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwillGross</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_GoodwillAcquisitionSegment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of goodwill acquisition segment.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_GoodwillAcquisitionSegment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BusinessCombinationsAxis=ugp_ExtrafarmaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BusinessCombinationsAxis=ugp_ExtrafarmaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BusinessCombinationsAxis=ugp_IpirangaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BusinessCombinationsAxis=ugp_IpirangaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BusinessCombinationsAxis=ugp_UniaoTerminaisMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BusinessCombinationsAxis=ugp_UniaoTerminaisMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BusinessCombinationsAxis=ugp_TexacoMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BusinessCombinationsAxis=ugp_TexacoMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BusinessCombinationsAxis=ugp_IconicCblsamemberMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BusinessCombinationsAxis=ugp_IconicCblsamemberMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BusinessCombinationsAxis=ugp_OxitenoUruguayMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BusinessCombinationsAxis=ugp_OxitenoUruguayMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BusinessCombinationsAxis=ugp_TemmarMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BusinessCombinationsAxis=ugp_TemmarMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BusinessCombinationsAxis=ugp_DNPMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BusinessCombinationsAxis=ugp_DNPMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BusinessCombinationsAxis=ugp_RepsolMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BusinessCombinationsAxis=ugp_RepsolMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BusinessCombinationsAxis=ugp_TEASTerminalExportadorDeAlcoolDeSantosLtdaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BusinessCombinationsAxis=ugp_TEASTerminalExportadorDeAlcoolDeSantosLtdaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BusinessCombinationsAxis=ifrs-full_BusinessCombinationsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BusinessCombinationsAxis=ifrs-full_BusinessCombinationsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
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</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>169
<FILENAME>R140.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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</head>
<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147277308296">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Intangible Assets - Balances of goodwill (Parenthetical) (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillLineItems', window );"><strong>Disclosure of reconciliation of changes in goodwill [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionalRecognitionGoodwill', window );">Goodwill</a></td>
<td class="nump">R$ 818,096<span></span>
</td>
<td class="nump">R$ 931,808<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_ConsolidatedEntitiesAxis=srt_ParentCompanyMember', window );">Parent Company [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillLineItems', window );"><strong>Disclosure of reconciliation of changes in goodwill [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionalRecognitionGoodwill', window );">Goodwill</a></td>
<td class="nump">R$ 246,163<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdditionalRecognitionGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of additional goodwill recognised, except goodwill included in a disposal group that, on acquisition, meets the criteria to be classified as held for sale in accordance with IFRS 5. [Refer: Goodwill; Disposal groups classified as held for sale [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2021-01-01<br> -Paragraph B67<br> -Subparagraph d<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=3&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B67_d_ii&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdditionalRecognitionGoodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_ConsolidatedEntitiesAxis=srt_ParentCompanyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_ConsolidatedEntitiesAxis=srt_ParentCompanyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>170
<FILENAME>R141.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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							e.nextSibling.style.display='block';
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</head>
<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147283159256">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Intangible Assets - Additional Information (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_PeriodOfEvaluation', window );">Period of evaluation</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">5 years<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DiscountRate', window );">Discount rate</a></td>
<td class="nump">10.50%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis=ifrs-full_ComputerSoftwareMember', window );">Software [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsUnderDevelopment', window );">Software in progress</a></td>
<td class="nump">R$ 27,672<span></span>
</td>
<td class="nump">R$ 13,684<span></span>
</td>
<td class="nump">R$ 16,657<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember', window );">Bottom of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DiscountRate', window );">Discount rate</a></td>
<td class="nump">9.40%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_RealGrowthRate', window );">Real growth rate</a></td>
<td class="nump">0.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember', window );">Top of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_RealGrowthRate', window );">Real growth rate</a></td>
<td class="nump">1.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfIntangibleAssetsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IntangibleAssetsUnderDevelopment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of intangible assets representing such assets under development. [Refer: Intangible assets other than goodwill]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 38<br> -IssueDate 2021-01-01<br> -Paragraph 119<br> -Subparagraph g<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=38&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_119_g&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IntangibleAssetsUnderDevelopment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DiscountRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The discount rate used to extrapolate the projections.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DiscountRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_PeriodOfEvaluation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The evaluation period used to calculate the value.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_PeriodOfEvaluation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_RealGrowthRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The real growth rate used to extrapolate the projections.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_RealGrowthRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis=ifrs-full_ComputerSoftwareMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis=ifrs-full_ComputerSoftwareMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>171
<FILENAME>R142.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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</head>
<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147263163976">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Loans, financing, debentures and hedge derivative financial instruments - Summary of Compostion of loans (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ForeignCurrencyDenominatedLoans', window );">Foreign currency - denominated loans</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 8,832,815<span></span>
</td>
<td class="nump">R$ 9,188,527<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BrazilianRealDenominatedLoans', window );">Brazilian Real - denominated loans</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">7,347,651<span></span>
</td>
<td class="nump">8,070,530<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LoansReceived', window );">Total foreign currency and Brazilian Reais</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">16,180,466<span></span>
</td>
<td class="nump">17,259,057<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DerivativeFinancialLiabilitiesHeldForHedging', window );">Currency and interest rate hedging instruments</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">197,177<span></span>
</td>
<td class="nump">117,159<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">16,377,643<span></span>
</td>
<td class="nump">17,376,216<span></span>
</td>
<td class="nump">R$ 14,392,722<span></span>
</td>
<td class="nump">R$ 15,116,139<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings', window );">Current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,866,051<span></span>
</td>
<td class="nump">3,255,944<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LongtermBorrowings', window );">Non-current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 13,511,592<span></span>
</td>
<td class="nump">R$ 14,120,272<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=ugp_Loan1Member', window );">Loan 1 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoanDescription', window );">Description</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text">Notes in the foreign market<span></span>
</td>
<td class="text">Notes in the foreign market<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ForeignCurrencyDenominatedLoans', window );">Foreign currency - denominated loans</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">R$ 7,821,441<span></span>
</td>
<td class="nump">R$ 7,267,687<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoanIndexCurrency', window );">Index/Currency</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text">US$<span></span>
</td>
<td class="text">US$<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Weighted average financial charges</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">5.30%<span></span>
</td>
<td class="nump">5.30%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Borrowings, maturity date</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text">2026 to 2029<span></span>
</td>
<td class="text">2026 to 2029<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=ugp_Loan2Member', window );">Loan 2 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoanDescription', window );">Description</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text">Foreign loan<span></span>
</td>
<td class="text">Foreign loan<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ForeignCurrencyDenominatedLoans', window );">Foreign currency - denominated loans</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">R$ 735,438<span></span>
</td>
<td class="nump">R$ 1,047,644<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoanIndexCurrency', window );">Index/Currency</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text">US$<span></span>
</td>
<td class="text">US$<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Weighted average financial charges</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">4.00%<span></span>
</td>
<td class="nump">4.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Borrowings, maturity date</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text">2023<span></span>
</td>
<td class="text">2023<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=ugp_Loan3Member', window );">Loan 3 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoanDescription', window );">Description</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text">Foreign loan<span></span>
</td>
<td class="text">Foreign loan<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ForeignCurrencyDenominatedLoans', window );">Foreign currency - denominated loans</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">R$ 275,936<span></span>
</td>
<td class="nump">R$ 261,284<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoanIndexCurrency', window );">Index/Currency</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2],[3]</sup></td>
<td class="text">US$ + LIBOR<span></span>
</td>
<td class="text">US$ + LIBOR<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Weighted average financial charges</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">1.00%<span></span>
</td>
<td class="nump">1.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Borrowings, maturity date</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text">2022<span></span>
</td>
<td class="text">2022<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=ugp_Loan4Member', window );">Loan 4 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoanDescription', window );">Description</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Financial institutions<span></span>
</td>
<td class="text">Financial institutions<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ForeignCurrencyDenominatedLoans', window );">Foreign currency - denominated loans</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 0<span></span>
</td>
<td class="nump">R$ 154,783<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoanIndexCurrency', window );">Index/Currency</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">US$<span></span>
</td>
<td class="text">US$<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Weighted average financial charges</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0.00%<span></span>
</td>
<td class="nump">0.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Borrowings, maturity date</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">2022<span></span>
</td>
<td class="text">2022<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=ugp_Loan5Member', window );">Loan 5 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoanDescription', window );">Description</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Financial institutions<span></span>
</td>
<td class="text">Financial institutions<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ForeignCurrencyDenominatedLoans', window );">Foreign currency - denominated loans</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 0<span></span>
</td>
<td class="nump">R$ 39,350<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoanIndexCurrency', window );">Index/Currency</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="text">MX$<span></span>
</td>
<td class="text">MX$<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Weighted average financial charges</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0.00%<span></span>
</td>
<td class="nump">0.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Borrowings, maturity date</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">2021<span></span>
</td>
<td class="text">2021<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=ugp_Loan6Member', window );">Loan 6 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoanDescription', window );">Description</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Financial institutions<span></span>
</td>
<td class="text">Financial institutions<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ForeignCurrencyDenominatedLoans', window );">Foreign currency - denominated loans</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 0<span></span>
</td>
<td class="nump">R$ 312,200<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoanIndexCurrency', window );">Index/Currency</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="text">US$ + LIBOR<span></span>
</td>
<td class="text">US$ + LIBOR<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Weighted average financial charges</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0.00%<span></span>
</td>
<td class="nump">0.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Borrowings, maturity date</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">2021<span></span>
</td>
<td class="text">2021<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=ugp_Loan7Member', window );">Loan 7 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoanDescription', window );">Description</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Advances on foreign exchange contracts<span></span>
</td>
<td class="text">Advances on foreign exchange contracts<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ForeignCurrencyDenominatedLoans', window );">Foreign currency - denominated loans</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 0<span></span>
</td>
<td class="nump">R$ 105,579<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoanIndexCurrency', window );">Index/Currency</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">US$<span></span>
</td>
<td class="text">US$<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Weighted average financial charges</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0.00%<span></span>
</td>
<td class="nump">0.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Borrowings, maturity date</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">2021<span></span>
</td>
<td class="text">2021<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=ugp_Loan8Member', window );">Loan 8 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoanDescription', window );">Description</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Debentures &#8211; CRA<span></span>
</td>
<td class="text">Debentures &#8211; CRA<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BrazilianRealDenominatedLoans', window );">Brazilian Real - denominated loans</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 2,063,788<span></span>
</td>
<td class="nump">R$ 2,037,602<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoanIndexCurrency', window );">Index/Currency</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">DI<span></span>
</td>
<td class="text">DI<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Weighted average financial charges</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">95.80%<span></span>
</td>
<td class="nump">95.80%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Borrowings, maturity date</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">2022 to 2023<span></span>
</td>
<td class="text">2022 to 2023<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=ugp_Loan9Member', window );">Loan 9 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoanDescription', window );">Description</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Debentures &#8211; 6<span></span>
</td>
<td class="text">Debentures &#8211; 6<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BrazilianRealDenominatedLoans', window );">Brazilian Real - denominated loans</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 1,764,199<span></span>
</td>
<td class="nump">R$ 1,734,113<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoanIndexCurrency', window );">Index/Currency</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">DI<span></span>
</td>
<td class="text">DI<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Weighted average financial charges</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">105.30%<span></span>
</td>
<td class="nump">105.30%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Borrowings, maturity date</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">2023<span></span>
</td>
<td class="text">2023<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=ugp_Loan10Member', window );">Loan 10 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoanDescription', window );">Description</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text">Debentures &#8211; CRA<span></span>
</td>
<td class="text">Debentures &#8211; CRA<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BrazilianRealDenominatedLoans', window );">Brazilian Real - denominated loans</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">R$ 1,940,237<span></span>
</td>
<td class="nump">R$ 1,000,824<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoanIndexCurrency', window );">Index/Currency</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text">IPCA<span></span>
</td>
<td class="text">IPCA<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Weighted average financial charges</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">4.70%<span></span>
</td>
<td class="nump">4.70%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Borrowings, maturity date</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text">2024 to 2028<span></span>
</td>
<td class="text">2024 to 2028<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=ugp_Loan11Member', window );">Loan 11 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoanDescription', window );">Description</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Debentures &#8211; Ipiranga<span></span>
</td>
<td class="text">Debentures &#8211; Ipiranga<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BrazilianRealDenominatedLoans', window );">Brazilian Real - denominated loans</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 771,538<span></span>
</td>
<td class="nump">R$ 1,679,036<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoanIndexCurrency', window );">Index/Currency</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">DI<span></span>
</td>
<td class="text">DI<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Weighted average financial charges</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">105.00%<span></span>
</td>
<td class="nump">105.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Borrowings, maturity date</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">2022<span></span>
</td>
<td class="text">2022<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=ugp_Loan12Member', window );">Loan 12 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoanDescription', window );">Description</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text">Debentures &#8211; Ultracargo Log&#237;stica and Tequimar Vila do Conde<span></span>
</td>
<td class="text">Debentures &#8211; Ultracargo Log&#237;stica and Tequimar Vila do Conde<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BrazilianRealDenominatedLoans', window );">Brazilian Real - denominated loans</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">R$ 466,061<span></span>
</td>
<td class="nump">R$ 0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoanIndexCurrency', window );">Index/Currency</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text">IPCA<span></span>
</td>
<td class="text">IPCA<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Weighted average financial charges</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">4.10%<span></span>
</td>
<td class="nump">4.10%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Borrowings, maturity date</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text">2028<span></span>
</td>
<td class="text">2028<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=ugp_Loan13Member', window );">Loan 13 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoanDescription', window );">Description</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Banco do Brasil<span></span>
</td>
<td class="text">Banco do Brasil<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BrazilianRealDenominatedLoans', window );">Brazilian Real - denominated loans</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 204,813<span></span>
</td>
<td class="nump">R$ 407,420<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoanIndexCurrency', window );">Index/Currency</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">DI<span></span>
</td>
<td class="text">DI<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Weighted average financial charges</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">110.90%<span></span>
</td>
<td class="nump">110.90%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Borrowings, maturity date</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">2022<span></span>
</td>
<td class="text">2022<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=ugp_Loan14Member', window );">Loan 14 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoanDescription', window );">Description</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text">Debentures &#8211; Ultracargo Log&#237;stica<span></span>
</td>
<td class="text">Debentures &#8211; Ultracargo Log&#237;stica<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BrazilianRealDenominatedLoans', window );">Brazilian Real - denominated loans</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">R$ 80,946<span></span>
</td>
<td class="nump">R$ 92,541<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoanIndexCurrency', window );">Index/Currency</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text">R$<span></span>
</td>
<td class="text">R$<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Weighted average financial charges</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">6.50%<span></span>
</td>
<td class="nump">6.50%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Borrowings, maturity date</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text">2024<span></span>
</td>
<td class="text">2024<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=ugp_Loan15Member', window );">Loan 15 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoanDescription', window );">Description</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Bank Credit Bill<span></span>
</td>
<td class="text">Bank Credit Bill<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BrazilianRealDenominatedLoans', window );">Brazilian Real - denominated loans</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 51,179<span></span>
</td>
<td class="nump">R$ 50,692<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoanIndexCurrency', window );">Index/Currency</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">R$ + DI<span></span>
</td>
<td class="text">R$ + DI<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Weighted average financial charges</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2.00%<span></span>
</td>
<td class="nump">2.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Borrowings, maturity date</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">2022<span></span>
</td>
<td class="text">2022<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=ugp_Loan16Member', window );">Loan 16 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoanDescription', window );">Description</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Financial institutions<span></span>
</td>
<td class="text">Financial institutions<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BrazilianRealDenominatedLoans', window );">Brazilian Real - denominated loans</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 4,564<span></span>
</td>
<td class="nump">R$ 0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoanIndexCurrency', window );">Index/Currency</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">R$<span></span>
</td>
<td class="text">R$<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Weighted average financial charges</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0.00%<span></span>
</td>
<td class="nump">0.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Borrowings, maturity date</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">2022<span></span>
</td>
<td class="text">2022<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=ugp_Loan17Member', window );">Loan 17 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoanDescription', window );">Description</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">FINEP<span></span>
</td>
<td class="text">FINEP<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BrazilianRealDenominatedLoans', window );">Brazilian Real - denominated loans</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 326<span></span>
</td>
<td class="nump">R$ 29,803<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoanIndexCurrency', window );">Index/Currency</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="text">TJLP<span></span>
</td>
<td class="text">TJLP<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Weighted average financial charges</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1.50%<span></span>
</td>
<td class="num">(1.50%)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Borrowings, maturity date</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">2022<span></span>
</td>
<td class="text">2022<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=ugp_Loan18Member', window );">Loan 18 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoanDescription', window );">Description</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Notes - Ultrapar<span></span>
</td>
<td class="text">Notes - Ultrapar<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BrazilianRealDenominatedLoans', window );">Brazilian Real - denominated loans</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 0<span></span>
</td>
<td class="nump">R$ 1,038,499<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoanIndexCurrency', window );">Index/Currency</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">R$ + DI<span></span>
</td>
<td class="text">R$ + DI<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Weighted average financial charges</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0.00%<span></span>
</td>
<td class="nump">0.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Borrowings, maturity date</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">2021<span></span>
</td>
<td class="text">2021<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr><td colspan="5"></td></tr>
<tr><td colspan="5"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top"><span style="border-right: none; border-left: none;">Accumulated losses (see Note <span style="border-left: none; border-right: none;">33</span>.i).</span></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top"><span style="border-right: none; border-left: none;">These transactions were designated for hedge accounting (see Note <span style="border-left: none; border-right: none;">33</span>.h).</span></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[3]</td>
<td style="vertical-align: top;" valign="top"><span style="border-right: none; border-left: none;"><span style="border-right: none; border-left: none;"><span style="border-left: none; border-right: none;">LIBOR</span> = London Interbank Offered Rate.</span></span></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[4]</td>
<td style="vertical-align: top;" valign="top"><span style="border-right: none; border-left: none;"><span style="border-right: none; border-left: none;">MX$ = Mexican Peso.</span></span></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[5]</td>
<td style="vertical-align: top;" valign="top"><span style="border-right: none; border-left: none;"><span style="border-right: none; border-left: none;"><span style="border-right: none; border-left: none;">TJLP (Long-term Interest Rate) = set by the National Monetary Council, TJLP is the basic financing cost of Banco Nacional de Desenvolvimento Econ&#244;mico e Social (&#8220;BNDES&#8221;), the Brazilian Development Bank. On December 31, 2021, TJLP was fixed at </span></span><span style="border-left: none; border-right: none;"><span style="border-right: none; border-left: none;">5.32</span></span><span style="border-right: none; border-left: none;"><span style="border-right: none; border-left: none;">&#160; % p.a.</span></span></span></td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Borrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of outstanding funds that the entity is obligated to repay.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Borrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsInterestRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The interest rate on borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 7<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsInterestRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsMaturity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The maturity of borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 7<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsMaturity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current borrowings and current portion of non-current borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DerivativeFinancialLiabilitiesHeldForHedging">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of derivative financial liabilities held for hedging. [Refer: Derivative financial liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DerivativeFinancialLiabilitiesHeldForHedging</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LoansReceived">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of loans received.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LoansReceived</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LongtermBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The non-current portion of non-current borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LongtermBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_BrazilianRealDenominatedLoans">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of domestic currency denominated loans received.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_BrazilianRealDenominatedLoans</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ForeignCurrencyDenominatedLoans">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of foreign currency denominated loans received.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ForeignCurrencyDenominatedLoans</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_LoanDescription">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the borrowings.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_LoanDescription</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_LoanIndexCurrency">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The currency and index in which the borrowings are denominated.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_LoanIndexCurrency</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=ugp_Loan1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=ugp_Loan1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=ugp_Loan2Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=ugp_Loan2Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=ugp_Loan3Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=ugp_Loan3Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=ugp_Loan4Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=ugp_Loan4Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=ugp_Loan5Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=ugp_Loan5Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=ugp_Loan6Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=ugp_Loan6Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=ugp_Loan7Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=ugp_Loan7Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=ugp_Loan8Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=ugp_Loan8Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=ugp_Loan9Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=ugp_Loan9Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=ugp_Loan10Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=ugp_Loan10Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=ugp_Loan11Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=ugp_Loan11Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=ugp_Loan12Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=ugp_Loan12Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=ugp_Loan13Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=ugp_Loan13Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=ugp_Loan14Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=ugp_Loan14Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=ugp_Loan15Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=ugp_Loan15Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=ugp_Loan16Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=ugp_Loan16Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=ugp_Loan17Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=ugp_Loan17Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=ugp_Loan18Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=ugp_Loan18Member</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>172
<FILENAME>R143.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147275497624">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Loans, financing, debentures and hedge derivative financial instruments - Additional Information (Detail)<br> R$ in Thousands, $ in Thousands</strong></div></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1">12 Months Ended</th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th">
<div>Jul. 13, 2020 </div>
<div>BRL (R$)</div>
</th>
<th class="th">
<div>Jun. 21, 2019 </div>
<div>BRL (R$)</div>
</th>
<th class="th">
<div>Jun. 06, 2019 </div>
<div>BRL (R$)</div>
</th>
<th class="th">
<div>Oct. 06, 2016 </div>
<div>BRL (R$)</div>
</th>
<th class="th">
<div>Dec. 31, 2021 </div>
<div>BRL (R$)</div>
</th>
<th class="th">
<div>Dec. 31, 2021 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Dec. 31, 2020 </div>
<div>BRL (R$)</div>
</th>
<th class="th">
<div>Jul. 13, 2020 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Jun. 21, 2019 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Jun. 06, 2019 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Oct. 06, 2016 </div>
<div>USD ($)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ForeignCurrencyDenominatedLoans', window );">Foreign currency - denominated loans</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 8,832,815<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 9,188,527<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LoansReceived', window );">Loan received</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">16,180,466<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 17,259,057<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DecreaseThroughClassifiedAsHeldForSaleLoansAndBorrowings', window );">Reclassification to liabilities held for sale</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">241,748<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRateregulatedActivitiesAxis=ugp_RestrictedAssetsMember', window );">Restricted Assets [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LiabilitiesToWhichSignificantRestrictionsApply', window );">Restriction on encumbrance of assets</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 837,075<span></span>
</td>
<td class="nump">$ 150,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ValueOfAssetsPercentage', window );">Percent restricted consolidated tangible assets</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">15.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_UltraparInternationalSAMember', window );">Ultrapar International S.A. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Interest rate</a></td>
<td class="nump">5.25%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">5.25%<span></span>
</td>
<td class="nump">5.25%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">5.25%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">5.25%<span></span>
</td>
<td class="nump">5.25%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotesAndDebenturesIssued', window );">Notes to foreign market</a></td>
<td class="nump">R$ 1,953,175<span></span>
</td>
<td class="nump">R$ 1,116,100<span></span>
</td>
<td class="nump">R$ 2,790,250<span></span>
</td>
<td class="nump">R$ 4,185,375<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 350,000<span></span>
</td>
<td class="nump">$ 200,000<span></span>
</td>
<td class="nump">$ 500,000<span></span>
</td>
<td class="nump">$ 750,000<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Borrowings, maturity date</a></td>
<td class="text">June 2029<span></span>
</td>
<td class="text">October 2026<span></span>
</td>
<td class="text">June 2029<span></span>
</td>
<td class="text">October 2026<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BondsIssuePriceInPercentage', window );">Issue percent of face value</a></td>
<td class="nump">99.994%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">98.097%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_AbasteceAiMember', window );">Abastece A&#237; [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShorttermBorrowings', window );">Short-term liabilities</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 4,564<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_OxitenoMexicoSADeCVMember', window );">Oxiteno M&#233;xico S.A de C.V [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LoansReceived', window );">Loan received | $</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 20,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DecreaseThroughClassifiedAsHeldForSaleLoansAndBorrowings', window );">Reclassification to liabilities held for sale</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 163,478<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Borrowings, maturity date</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">April 2022<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LiabilitiesArisingFromFinancingActivitiesAxis=ifrs-full_FixedInterestRateMember', window );">Long term interest rate [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Interest rate</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">5.32%<span></span>
</td>
<td class="nump">5.32%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=ugp_ForeignLoansMember', window );">Foreign loans [member] | IPP [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ForeignCurrencyDenominatedLoans', window );">Foreign currency - denominated loans</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 976,588<span></span>
</td>
<td class="nump">$ 175,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Borrowings, interest rate basis</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">104.9% of DI<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=ugp_BancoDoBrasilMember', window );">Banco do Brasil [member] | IPP [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LoansReceived', window );">Loan received</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 204,813<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Borrowings, maturity date</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">May 2022<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=ugp_BancoDoBrasilMember', window );">Banco do Brasil [member] | IPP [member] | Charges [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LoansReceived', window );">Loan received</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 1,646<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsInterestRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The interest rate on borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 7<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsInterestRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsInterestRateBasis">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The basis (reference rate) used for calculation of the interest rate on borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 7<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsInterestRateBasis</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsMaturity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The maturity of borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 7<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsMaturity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LiabilitiesToWhichSignificantRestrictionsApply">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount in the consolidated financial statements of the liabilities of the group to which significant restrictions (for example, statutory, contractual and regulatory restrictions) apply on the entity's ability to settle the liabilities of the group.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph 13<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_13_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LiabilitiesToWhichSignificantRestrictionsApply</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LoansReceived">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of loans received.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LoansReceived</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NotesAndDebenturesIssued">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of notes and debentures issued by the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NotesAndDebenturesIssued</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ShorttermBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ShorttermBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_BondsIssuePriceInPercentage">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The percentage of bonds issue price of face value.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_BondsIssuePriceInPercentage</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DecreaseThroughClassifiedAsHeldForSaleLoansAndBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The decrease in loans and borrowings resulting from classification as held for sale or inclusion in a disposal group classified as held for sale.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DecreaseThroughClassifiedAsHeldForSaleLoansAndBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ForeignCurrencyDenominatedLoans">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of foreign currency denominated loans received.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ForeignCurrencyDenominatedLoans</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ValueOfAssetsPercentage">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The percentage of restricted tangible assets value.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ValueOfAssetsPercentage</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRateregulatedActivitiesAxis=ugp_RestrictedAssetsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRateregulatedActivitiesAxis=ugp_RestrictedAssetsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_UltraparInternationalSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_UltraparInternationalSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_AbasteceAiMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_AbasteceAiMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_OxitenoMexicoSADeCVMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_OxitenoMexicoSADeCVMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LiabilitiesArisingFromFinancingActivitiesAxis=ifrs-full_FixedInterestRateMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LiabilitiesArisingFromFinancingActivitiesAxis=ifrs-full_FixedInterestRateMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=ugp_ForeignLoansMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=ugp_ForeignLoansMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_IpirangaProdutosdePetroleoSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_IpirangaProdutosdePetroleoSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=ugp_BancoDoBrasilMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=ugp_BancoDoBrasilMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_ChargesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_ChargesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>173
<FILENAME>R144.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147268051080">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Loans, financing, debentures and hedge derivative financial instruments - Summary of Debentures (Detail)<br> R$ / shares in Units, R$ in Thousands, $ in Thousands</strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th">
<div>Dec. 31, 2021 </div>
<div>BRL (R$) </div>
<div>R$ / shares</div>
</th>
<th class="th">
<div>Dec. 31, 2021 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Sep. 30, 2021 </div>
<div>BRL (R$)</div>
</th>
<th class="th">
<div>Dec. 31, 2020 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Dec. 31, 2018 </div>
<div>BRL (R$)</div>
</th>
<th class="th">
<div>Oct. 31, 2017 </div>
<div>BRL (R$)</div>
</th>
<th class="th">
<div>Apr. 30, 2017 </div>
<div>BRL (R$)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Summary of loans debentures and finance leases [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Amount: | $</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 90,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 90,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=ugp_DebenturesFirstIssueMember', window );">Debentures first issue [member] | Ultracargo Log&#237;stica S.A.</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Summary of loans debentures and finance leases [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Interest</a></td>
<td class="text">99.94% of the DI<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=ugp_DebenturesFirstIssueMember', window );">Debentures first issue [member] | Tequimar Vila do Conde [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Summary of loans debentures and finance leases [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Interest</a></td>
<td class="text">111.4% of the DI<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=ugp_DebenturesSecondIssueMember', window );">Debentures second issue [member] | Ultracargo Log&#237;stica S.A.</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Summary of loans debentures and finance leases [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Interest</a></td>
<td class="text">111.4% of the DI<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=ugp_DebenturesFifthIssueMember', window );">Debentures fifth issue [member] | IPP [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Summary of loans debentures and finance leases [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Interest</a></td>
<td class="text">IPCA to 93.9 % of DI<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=ugp_DebenturesSeventhIssueMember', window );">Debentures seventh issue [member] | IPP [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Summary of loans debentures and finance leases [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Amount: | R$</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 944,077<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Interest</a></td>
<td class="text">IPCA to 97.3% of DI<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=ugp_DebenturesEighthIssueMember', window );">Debentures eighth issue [member] | IPP [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Summary of loans debentures and finance leases [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Amount: | R$</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 900,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Interest</a></td>
<td class="text">IPCA to 97.1% of DI<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=ugp_DebenturesTenthIssueMember', window );">Debentures tenth issue [member] | IPP [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Summary of loans debentures and finance leases [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Interest</a></td>
<td class="text">IPCA to 102.75% of the DI<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebentureAxis=ugp_DebentureOneMember', window );">Debenture one [member] | Debentures fourth issue [member] | IPP [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Summary of loans debentures and finance leases [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_FaceValuePerDebtInstrument', window );">Face value unit</a></td>
<td class="nump">R$ 1,000,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Final maturity</a></td>
<td class="text">May 25, 2021<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebenturePaymentOfFaceValueDescription', window );">Payment of the face value</a></td>
<td class="text">Annual as from May 2019<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Interest</a></td>
<td class="text">105.0% of DI<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebenturePaymentOfInterestDescription', window );">Payment of interest</a></td>
<td class="text">Semiannually<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebentureReprice', window );">Reprice</a></td>
<td class="text">Not applicable<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebentureAxis=ugp_DebentureTwoMember', window );">Debenture two [member] | Debentures fifth issue [member] | IPP [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Summary of loans debentures and finance leases [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Amount: | R$</a></td>
<td class="nump">R$ 660,139<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 660,139<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_FaceValuePerDebtInstrument', window );">Face value unit</a></td>
<td class="nump">R$ 1,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Final maturity</a></td>
<td class="text">April 18, 2022<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebenturePaymentOfFaceValueDescription', window );">Payment of the face value</a></td>
<td class="text">Lump sum at final maturity<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Interest</a></td>
<td class="text">95.0% of DI<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebenturePaymentOfInterestDescription', window );">Payment of interest</a></td>
<td class="text">Semiannually<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebentureReprice', window );">Reprice</a></td>
<td class="text">Not applicable<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebentureAxis=ugp_DebentureThreeMember', window );">Debenture three [member] | Debentures fifth issue [member] | IPP [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Summary of loans debentures and finance leases [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Amount: | R$</a></td>
<td class="nump">R$ 352,361<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 352,361<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_FaceValuePerDebtInstrument', window );">Face value unit</a></td>
<td class="nump">R$ 1,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Final maturity</a></td>
<td class="text">April 15, 2024<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebenturePaymentOfFaceValueDescription', window );">Payment of the face value</a></td>
<td class="text">Lump sum at final maturity<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Interest</a></td>
<td class="text">IPCA + 4.68%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebenturePaymentOfInterestDescription', window );">Payment of interest</a></td>
<td class="text">Annually<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebentureReprice', window );">Reprice</a></td>
<td class="text">Not applicable<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebentureAxis=ugp_DebentureFourMember', window );">Debenture four [member] | Debentures sixth issue [member] | IPP [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Summary of loans debentures and finance leases [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_FaceValuePerDebtInstrument', window );">Face value unit</a></td>
<td class="nump">R$ 1,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Final maturity</a></td>
<td class="text">July 28, 2022<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebenturePaymentOfFaceValueDescription', window );">Payment of the face value</a></td>
<td class="text">Annual as from July 2021<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Interest</a></td>
<td class="text">105.0% of DI<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebenturePaymentOfInterestDescription', window );">Payment of interest</a></td>
<td class="text">Annually<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebentureReprice', window );">Reprice</a></td>
<td class="text">Not applicable<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebentureAxis=ugp_DebentureFiveMember', window );">Debenture five [member] | Debentures seventh issue [member] | IPP [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Summary of loans debentures and finance leases [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Amount: | R$</a></td>
<td class="nump">R$ 730,384<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">730,384<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_FaceValuePerDebtInstrument', window );">Face value unit</a></td>
<td class="nump">R$ 1,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Final maturity</a></td>
<td class="text">October 24, 2022<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebenturePaymentOfFaceValueDescription', window );">Payment of the face value</a></td>
<td class="text">Lump sum at final maturity<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Interest</a></td>
<td class="text">95.0% of DI<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebenturePaymentOfInterestDescription', window );">Payment of interest</a></td>
<td class="text">Semiannually<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebentureReprice', window );">Reprice</a></td>
<td class="text">Not applicable<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebentureAxis=ugp_DebentureSixMember', window );">Debenture six [member] | Debentures seventh issue [member] | IPP [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Summary of loans debentures and finance leases [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Amount: | R$</a></td>
<td class="nump">R$ 213,693<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 213,693<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_FaceValuePerDebtInstrument', window );">Face value unit</a></td>
<td class="nump">R$ 1,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Final maturity</a></td>
<td class="text">October 24, 2024<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebenturePaymentOfFaceValueDescription', window );">Payment of the face value</a></td>
<td class="text">Lump sum at final maturity<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Interest</a></td>
<td class="text">IPCA + 4.34%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebenturePaymentOfInterestDescription', window );">Payment of interest</a></td>
<td class="text">Annually<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebentureReprice', window );">Reprice</a></td>
<td class="text">Not applicable<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebentureAxis=ugp_DebentureSevenMember', window );">Debenture seven [member] | Debentures sixth issue [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Summary of loans debentures and finance leases [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_FaceValuePerDebtInstrument', window );">Face value unit</a></td>
<td class="nump">R$ 1,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Final maturity</a></td>
<td class="text">March 5, 2023<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebenturePaymentOfFaceValueDescription', window );">Payment of the face value</a></td>
<td class="text">Lump sum at final maturity<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Interest</a></td>
<td class="text">105.25% of DI<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebenturePaymentOfInterestDescription', window );">Payment of interest</a></td>
<td class="text">Semiannually<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebentureReprice', window );">Reprice</a></td>
<td class="text">Not applicable<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebentureAxis=ugp_DebentureEightMember', window );">Debenture eight [member] | Debentures eighth issue [member] | IPP [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Summary of loans debentures and finance leases [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Amount: | R$</a></td>
<td class="nump">R$ 660,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">660,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_FaceValuePerDebtInstrument', window );">Face value unit</a></td>
<td class="nump">R$ 1,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Final maturity</a></td>
<td class="text">December 18, 2023<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebenturePaymentOfFaceValueDescription', window );">Payment of the face value</a></td>
<td class="text">Lump sum at final maturity<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Interest</a></td>
<td class="text">97.5% of DI<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebenturePaymentOfInterestDescription', window );">Payment of interest</a></td>
<td class="text">Semiannually<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebentureReprice', window );">Reprice</a></td>
<td class="text">Not applicable<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebentureAxis=ugp_DebentureNineMember', window );">Debenture nine [member] | Debentures eighth issue [member] | IPP [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Summary of loans debentures and finance leases [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Amount: | R$</a></td>
<td class="nump">R$ 240,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 240,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_FaceValuePerDebtInstrument', window );">Face value unit</a></td>
<td class="nump">R$ 1,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Final maturity</a></td>
<td class="text">December 15, 2025<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebenturePaymentOfFaceValueDescription', window );">Payment of the face value</a></td>
<td class="text">Lump sum at final maturity<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Interest</a></td>
<td class="text">IPCA + 4.61%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebenturePaymentOfInterestDescription', window );">Payment of interest</a></td>
<td class="text">Annually<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebentureReprice', window );">Reprice</a></td>
<td class="text">Not applicable<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebentureAxis=ugp_DebentureTenMember', window );">Debenture ten [member] | Debentures first issue [member] | Ultracargo Log&#237;stica S.A.</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Summary of loans debentures and finance leases [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_FaceValuePerDebtInstrument', window );">Face value unit</a></td>
<td class="nump">R$ 1,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Final maturity</a></td>
<td class="text">November 19, 2024<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebenturePaymentOfFaceValueDescription', window );">Payment of the face value</a></td>
<td class="text">Lump sum at final maturity<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Interest</a></td>
<td class="text">6.47%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebenturePaymentOfInterestDescription', window );">Payment of interest</a></td>
<td class="text">Semiannually<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebentureReprice', window );">Reprice</a></td>
<td class="text">Not applicable<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebentureAxis=ugp_DebentureElevenMember', window );">Debenture eleven [member] | Debentures first issue [member] | Tequimar Vila do Conde [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Summary of loans debentures and finance leases [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_FaceValuePerDebtInstrument', window );">Face value unit</a></td>
<td class="nump">R$ 1,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Final maturity</a></td>
<td class="text">March 15, 2028<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebenturePaymentOfFaceValueDescription', window );">Payment of the face value</a></td>
<td class="text">Lump sum at final maturity<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Interest</a></td>
<td class="text">IPCA + 4.04%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebenturePaymentOfInterestDescription', window );">Payment of interest</a></td>
<td class="text">Semiannually<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebentureReprice', window );">Reprice</a></td>
<td class="text">Not applicable<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebentureAxis=ugp_DebentureTwelveMember', window );">Debenture twelve [member] | Debentures second issue [member] | Ultracargo Log&#237;stica S.A.</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Summary of loans debentures and finance leases [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_FaceValuePerDebtInstrument', window );">Face value unit</a></td>
<td class="nump">R$ 1,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Final maturity</a></td>
<td class="text">March 15, 2028<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebenturePaymentOfFaceValueDescription', window );">Payment of the face value</a></td>
<td class="text">Lump sum at final maturity<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Interest</a></td>
<td class="text">IPCA + 4.37%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebenturePaymentOfInterestDescription', window );">Payment of interest</a></td>
<td class="text">Semiannually<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebentureReprice', window );">Reprice</a></td>
<td class="text">Not applicable<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebentureAxis=ugp_DebentureThirteenMember', window );">Debenture thirteen [member] | Debentures tenth issue [member] | IPP [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Summary of loans debentures and finance leases [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Amount: | R$</a></td>
<td class="nump">R$ 960,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 960,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_FaceValuePerDebtInstrument', window );">Face value unit</a></td>
<td class="nump">R$ 1,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Final maturity</a></td>
<td class="text">September 15, 2028<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebenturePaymentOfFaceValueDescription', window );">Payment of the face value</a></td>
<td class="text">Lump sum at final maturity<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Interest</a></td>
<td class="text">IPCA + 4.83%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebenturePaymentOfInterestDescription', window );">Payment of interest</a></td>
<td class="text">Semiannually<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebentureReprice', window );">Reprice</a></td>
<td class="text">Not applicable<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsInterestRateBasis">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The basis (reference rate) used for calculation of the interest rate on borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 7<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsInterestRateBasis</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsMaturity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The maturity of borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 7<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsMaturity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NotionalAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The nominal or face amount of a financial instrument, used to calculate payments made on that instrument.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NotionalAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DebenturePaymentOfFaceValueDescription">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of redemption payment of the face value on borrowings.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DebenturePaymentOfFaceValueDescription</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DebenturePaymentOfInterestDescription">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of interest payment frequency on borrowings.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DebenturePaymentOfInterestDescription</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DebentureReprice">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of reprice on borrowings.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DebentureReprice</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_FaceValuePerDebtInstrument">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The nominal value per debt instrument.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_FaceValuePerDebtInstrument</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=ugp_DebenturesFirstIssueMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=ugp_DebenturesFirstIssueMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_UltracargoLogisticaSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_UltracargoLogisticaSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_TequimarVilaDoCondeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_TequimarVilaDoCondeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=ugp_DebenturesSecondIssueMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=ugp_DebenturesSecondIssueMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=ugp_DebenturesFifthIssueMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=ugp_DebenturesFifthIssueMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_IpirangaProdutosdePetroleoSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_IpirangaProdutosdePetroleoSAMember</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=ugp_DebenturesSeventhIssueMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<tr>
<td><strong> Balance Type:</strong></td>
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<tr>
<td><strong> Period Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=ugp_DebenturesEighthIssueMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=ugp_DebenturesTenthIssueMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DebentureAxis=ugp_DebentureOneMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
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<td><strong> Period Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=ugp_DebenturesFourthIssueMember</td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DebentureAxis=ugp_DebentureTwoMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DebentureAxis=ugp_DebentureTwoMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DebentureAxis=ugp_DebentureThreeMember</td>
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<td><strong> Data Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DebentureAxis=ugp_DebentureFourMember</td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=ugp_DebenturesSixthIssueMember</td>
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<td><strong> Data Type:</strong></td>
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<tr>
<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DebentureAxis=ugp_DebentureFiveMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DebentureAxis=ugp_DebentureFiveMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<tr>
<td><strong> Balance Type:</strong></td>
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<tr>
<td><strong> Period Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DebentureAxis=ugp_DebentureSixMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<tr>
<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DebentureAxis=ugp_DebentureSevenMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DebentureAxis=ugp_DebentureSevenMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DebentureAxis=ugp_DebentureEightMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DebentureAxis=ugp_DebentureEightMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr>
<td><strong> Data Type:</strong></td>
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<tr>
<td><strong> Balance Type:</strong></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DebentureAxis=ugp_DebentureNineMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DebentureAxis=ugp_DebentureNineMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DebentureAxis=ugp_DebentureTenMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DebentureAxis=ugp_DebentureTenMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DebentureAxis=ugp_DebentureElevenMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DebentureAxis=ugp_DebentureElevenMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DebentureAxis=ugp_DebentureTwelveMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DebentureAxis=ugp_DebentureTwelveMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DebentureAxis=ugp_DebentureThirteenMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DebentureAxis=ugp_DebentureThirteenMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>174
<FILENAME>R145.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147273332312">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Loans, financing, debentures and hedge derivative financial instruments - Narrative of Debentures (Detail)<br> R$ in Thousands, $ in Thousands</strong></div></th>
<th class="th" colspan="6">1 Months Ended</th>
<th class="th" colspan="2">12 Months Ended</th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th">
<div>Sep. 30, 2021 </div>
<div>BRL (R$)</div>
</th>
<th class="th">
<div>Mar. 31, 2021 </div>
<div>Debentures</div>
</th>
<th class="th"><div>Nov. 30, 2019</div></th>
<th class="th">
<div>Mar. 31, 2018 </div>
<div>Debentures</div>
</th>
<th class="th">
<div>Jul. 31, 2017 </div>
<div>Debentures</div>
</th>
<th class="th">
<div>May 31, 2016 </div>
<div>Debentures</div>
</th>
<th class="th">
<div>Dec. 31, 2021 </div>
<div>BRL (R$)</div>
</th>
<th class="th">
<div>Dec. 31, 2020 </div>
<div>BRL (R$)</div>
</th>
<th class="th">
<div>Dec. 31, 2021 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Dec. 31, 2020 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Dec. 31, 2018 </div>
<div>BRL (R$)</div>
</th>
<th class="th">
<div>Oct. 31, 2017 </div>
<div>BRL (R$)</div>
</th>
<th class="th">
<div>Apr. 30, 2017 </div>
<div>BRL (R$)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Summary of loans debentures and finance leases [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Amount: | $</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 90,000<span></span>
</td>
<td class="nump">$ 90,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProvisionOfGuaranteesOrCollateralByEntityRelatedPartyTransactions', window );">Financing guaranteed by collateral</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 75,251<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_GuaranteesDebtors', window );">Amount of guarantees and promissory notes</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 14,151,506<span></span>
</td>
<td class="nump">13,758,033<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CollateralAssetsLettersOfCreditOrGuarantees', window );">Collateral guarantees to secure letters of credits</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 118,231<span></span>
</td>
<td class="nump">R$ 129,139<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=ugp_DebenturesFirstIssueMember', window );">Debentures first issue [member] | Ultracargo Log&#237;stica S.A.</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Summary of loans debentures and finance leases [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Interest</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">99.94% of the DI<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=ugp_DebenturesFirstIssueMember', window );">Debentures first issue [member] | Tequimar Vila do Conde [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Summary of loans debentures and finance leases [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Interest</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">111.4% of the DI<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=ugp_DebenturesSecondIssueMember', window );">Debentures second issue [member] | Ultracargo Log&#237;stica S.A.</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Summary of loans debentures and finance leases [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Interest</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">111.4% of the DI<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=ugp_DebenturesFourthIssueMember', window );">Debentures fourth issue [member] | IPP [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Summary of loans debentures and finance leases [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NumberOfDebentureSeriesIssued', window );">Number of Debenture Series Issued</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=ugp_DebenturesFifthIssueMember', window );">Debentures fifth issue [member] | IPP [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Summary of loans debentures and finance leases [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NumberOfDebentureSeriesIssued', window );">Number of Debenture Series Issued</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Interest</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">IPCA to 93.9 % of DI<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=ugp_DebenturesSixthIssueMember', window );">Debentures sixth issue [member] | IPP [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Summary of loans debentures and finance leases [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NumberOfDebentureSeriesIssued', window );">Number of Debenture Series Issued</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=ugp_DebenturesSeventhIssueMember', window );">Debentures seventh issue [member] | IPP [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Summary of loans debentures and finance leases [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NumberOfDebentureSeriesIssued', window );">Number of Debenture Series Issued</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Amount:</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 944,077<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Interest</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">IPCA to 97.3% of DI<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=ugp_DebenturesEighthIssueMember', window );">Debentures eighth issue [member] | IPP [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Summary of loans debentures and finance leases [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NumberOfDebentureSeriesIssued', window );">Number of Debenture Series Issued</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Amount:</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 900,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Interest</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">IPCA to 97.1% of DI<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=ugp_DebenturesTenthIssueMember', window );">Debentures tenth issue [member] | IPP [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Summary of loans debentures and finance leases [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Interest</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">IPCA to 102.75% of the DI<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebentureAxis=ugp_DebentureOneMember', window );">Debenture one [member] | Debentures fourth issue [member] | IPP [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Summary of loans debentures and finance leases [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NumberOfDebenturesDistributedThroughPublicOffer', window );">Simple nominative nonconvertible unsecured registered debentures | Debentures</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">500<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Interest</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">105.0% of DI<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebentureAxis=ugp_DebentureTwoMember', window );">Debenture two [member] | Debentures fifth issue [member] | IPP [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Summary of loans debentures and finance leases [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Amount:</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 660,139<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 660,139<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Interest</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">95.0% of DI<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebentureAxis=ugp_DebentureThreeMember', window );">Debenture three [member] | Debentures fifth issue [member] | IPP [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Summary of loans debentures and finance leases [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Amount:</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 352,361<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 352,361<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Interest</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">IPCA + 4.68%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebentureAxis=ugp_DebentureFourMember', window );">Debenture four [member] | Debentures sixth issue [member] | IPP [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Summary of loans debentures and finance leases [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NumberOfDebenturesDistributedThroughPublicOffer', window );">Simple nominative nonconvertible unsecured registered debentures | Debentures</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,500,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Interest</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">105.0% of DI<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebentureAxis=ugp_DebentureFiveMember', window );">Debenture five [member] | Debentures seventh issue [member] | IPP [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Summary of loans debentures and finance leases [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Amount:</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 730,384<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">730,384<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Interest</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">95.0% of DI<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebentureAxis=ugp_DebentureSixMember', window );">Debenture six [member] | Debentures seventh issue [member] | IPP [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Summary of loans debentures and finance leases [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Amount:</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 213,693<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 213,693<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Interest</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">IPCA + 4.34%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebentureAxis=ugp_DebentureSevenMember', window );">Debenture seven [member] | Debentures sixth issue [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Summary of loans debentures and finance leases [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NumberOfDebenturesDistributedThroughPublicOffer', window );">Simple nominative nonconvertible unsecured registered debentures | Debentures</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,725,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Interest</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">105.25% of DI<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebentureAxis=ugp_DebentureEightMember', window );">Debenture eight [member] | Debentures eighth issue [member] | IPP [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Summary of loans debentures and finance leases [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Amount:</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 660,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">660,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Interest</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">97.5% of DI<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebentureAxis=ugp_DebentureNineMember', window );">Debenture nine [member] | Debentures eighth issue [member] | IPP [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Summary of loans debentures and finance leases [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Amount:</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 240,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 240,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Interest</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">IPCA + 4.61%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebentureAxis=ugp_DebentureTenMember', window );">Debenture ten [member] | Debentures first issue [member] | Ultracargo Log&#237;stica S.A.</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Summary of loans debentures and finance leases [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NumberOfDebenturesDistributedThroughPublicOffer', window );">Simple nominative nonconvertible unsecured registered debentures</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">90,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Interest</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">6.47%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebentureAxis=ugp_DebentureElevenMember', window );">Debenture eleven [member] | Debentures first issue [member] | Tequimar Vila do Conde [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Summary of loans debentures and finance leases [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NumberOfDebenturesDistributedThroughPublicOffer', window );">Simple nominative nonconvertible unsecured registered debentures | Debentures</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">360,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Interest</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">IPCA + 4.04%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebentureAxis=ugp_DebentureTwelveMember', window );">Debenture twelve [member] | Debentures second issue [member] | Ultracargo Log&#237;stica S.A.</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Summary of loans debentures and finance leases [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NumberOfDebenturesDistributedThroughPublicOffer', window );">Simple nominative nonconvertible unsecured registered debentures | Debentures</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">100,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Interest</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">IPCA + 4.37%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebentureAxis=ugp_DebentureThirteenMember', window );">Debenture thirteen [member] | Debentures tenth issue [member] | IPP [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Summary of loans debentures and finance leases [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NumberOfDebenturesDistributedThroughPublicOffer', window );">Simple nominative nonconvertible unsecured registered debentures</a></td>
<td class="nump">960,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Amount:</a></td>
<td class="nump">R$ 960,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 960,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Interest</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">IPCA + 4.83%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsInterestRateBasis">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The basis (reference rate) used for calculation of the interest rate on borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 7<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsInterestRateBasis</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NotionalAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The nominal or face amount of a financial instrument, used to calculate payments made on that instrument.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NotionalAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProvisionOfGuaranteesOrCollateralByEntityRelatedPartyTransactions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of guarantees or collateral provided by the entity in related party transactions. [Refer: Guarantees [member]; Related parties [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 24<br> -IssueDate 2021-01-01<br> -Paragraph 21<br> -Subparagraph h<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=24&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_21_h&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProvisionOfGuaranteesOrCollateralByEntityRelatedPartyTransactions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_CollateralAssetsLettersOfCreditOrGuarantees">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of collateral in the form of letters of credit for commercial and legal proceedings.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_CollateralAssetsLettersOfCreditOrGuarantees</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_GuaranteesDebtors">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of guarantees and promissory notes.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_GuaranteesDebtors</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_NumberOfDebentureSeriesIssued">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of debenture series issued in public market during period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_NumberOfDebentureSeriesIssued</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:integerItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_NumberOfDebenturesDistributedThroughPublicOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of debentures distributed through public offer.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_NumberOfDebenturesDistributedThroughPublicOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:decimalItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=ugp_DebenturesFirstIssueMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=ugp_DebenturesFirstIssueMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_UltracargoLogisticaSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_UltracargoLogisticaSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_TequimarVilaDoCondeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_TequimarVilaDoCondeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=ugp_DebenturesSecondIssueMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=ugp_DebenturesSecondIssueMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=ugp_DebenturesFourthIssueMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=ugp_DebenturesFourthIssueMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_IpirangaProdutosdePetroleoSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_IpirangaProdutosdePetroleoSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=ugp_DebenturesFifthIssueMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=ugp_DebenturesFifthIssueMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=ugp_DebenturesSixthIssueMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=ugp_DebenturesSixthIssueMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=ugp_DebenturesSeventhIssueMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=ugp_DebenturesSeventhIssueMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=ugp_DebenturesEighthIssueMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=ugp_DebenturesEighthIssueMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=ugp_DebenturesTenthIssueMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=ugp_DebenturesTenthIssueMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DebentureAxis=ugp_DebentureOneMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DebentureAxis=ugp_DebentureOneMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DebentureAxis=ugp_DebentureTwoMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DebentureAxis=ugp_DebentureTwoMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DebentureAxis=ugp_DebentureThreeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DebentureAxis=ugp_DebentureThreeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DebentureAxis=ugp_DebentureFourMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DebentureAxis=ugp_DebentureFourMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DebentureAxis=ugp_DebentureFiveMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DebentureAxis=ugp_DebentureFiveMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DebentureAxis=ugp_DebentureSixMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DebentureAxis=ugp_DebentureSixMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DebentureAxis=ugp_DebentureSevenMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DebentureAxis=ugp_DebentureSevenMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DebentureAxis=ugp_DebentureEightMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DebentureAxis=ugp_DebentureEightMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DebentureAxis=ugp_DebentureNineMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DebentureAxis=ugp_DebentureNineMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DebentureAxis=ugp_DebentureTenMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DebentureAxis=ugp_DebentureTenMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DebentureAxis=ugp_DebentureElevenMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DebentureAxis=ugp_DebentureElevenMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DebentureAxis=ugp_DebentureTwelveMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DebentureAxis=ugp_DebentureTwelveMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DebentureAxis=ugp_DebentureThirteenMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DebentureAxis=ugp_DebentureThirteenMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>175
<FILENAME>R146.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147272289336">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Loans, financing, debentures and hedge derivative financial instruments - Summary of Changes in Loans, Debentures and Finance Leases (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsAbstract', window );"><strong>Disclosure of detailed information about borrowings [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Loans, debentures and finance leases, beginning</a></td>
<td class="nump">R$ 17,376,216<span></span>
</td>
<td class="nump">R$ 14,392,722<span></span>
</td>
<td class="nump">R$ 15,116,139<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdditionsLoansAndDebenturesWithCashEffect', window );">New loans and debentures with cash effect</a></td>
<td class="nump">1,462,220<span></span>
</td>
<td class="nump">3,591,624<span></span>
</td>
<td class="nump">2,105,737<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoandsAndDebenturesInterestAccrued', window );">Interest accrued</a></td>
<td class="nump">801,102<span></span>
</td>
<td class="nump">757,161<span></span>
</td>
<td class="nump">845,844<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_PrincipalPaymentAndFinancialLeases', window );">Principal payment</a></td>
<td class="num">(2,922,214)<span></span>
</td>
<td class="num">(2,795,002)<span></span>
</td>
<td class="num">(2,644,704)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoansAndDebenturesInterestPayment', window );">Interest payment</a></td>
<td class="num">(749,043)<span></span>
</td>
<td class="num">(740,853)<span></span>
</td>
<td class="num">(1,469,780)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoansAndDebenturesMonetaryAndExchangeRateVariation', window );">Monetary and exchange rate variation</a></td>
<td class="nump">800,749<span></span>
</td>
<td class="nump">2,048,688<span></span>
</td>
<td class="nump">296,441<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoansAndDeBenturesChangeInFairValue', window );">Change in fair value</a></td>
<td class="num">(229,657)<span></span>
</td>
<td class="nump">34,702<span></span>
</td>
<td class="nump">113,060<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncreaseDecreaseThroughNetHedgeDifferencesLoansAndBorrowings', window );">Hedge result</a></td>
<td class="nump">80,018<span></span>
</td>
<td class="nump">87,174<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DecreaseThroughClassifiedAsHeldForSaleLoansAndBorrowings', window );">Reclassification to liabilities held for sale</a></td>
<td class="num">(241,748)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Loans, debentures and finance leases, ending</a></td>
<td class="nump">R$ 16,377,643<span></span>
</td>
<td class="nump">R$ 17,376,216<span></span>
</td>
<td class="nump">R$ 14,392,722<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Borrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of outstanding funds that the entity is obligated to repay.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Borrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AdditionsLoansAndDebenturesWithCashEffect">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of new loans and debentures with cash effect of loans and debentures.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AdditionsLoansAndDebenturesWithCashEffect</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DecreaseThroughClassifiedAsHeldForSaleLoansAndBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The decrease in loans and borrowings resulting from classification as held for sale or inclusion in a disposal group classified as held for sale.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DecreaseThroughClassifiedAsHeldForSaleLoansAndBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_IncreaseDecreaseThroughNetHedgeDifferencesLoansAndBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in loans and borrowings resulting from net hedge differences.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_IncreaseDecreaseThroughNetHedgeDifferencesLoansAndBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_LoandsAndDebenturesInterestAccrued">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of interest accrued during period of loans and debentures.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_LoandsAndDebenturesInterestAccrued</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_LoansAndDeBenturesChangeInFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of change in fair value of loans and debentures.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_LoansAndDeBenturesChangeInFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_LoansAndDebenturesInterestPayment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of interest payment of loans and debentures.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_LoansAndDebenturesInterestPayment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_LoansAndDebenturesMonetaryAndExchangeRateVariation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of monetary and exchange rate variation of loans and debentures.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_LoansAndDebenturesMonetaryAndExchangeRateVariation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_PrincipalPaymentAndFinancialLeases">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of principal payment of loans and debentures.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_PrincipalPaymentAndFinancialLeases</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
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<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147283097496">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Loans, financing, debentures and hedge derivative financial instruments - Summary of Principal Maturity Schedule (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LongtermBorrowings', window );">Long term debt</a></td>
<td class="nump">R$ 13,511,592<span></span>
</td>
<td class="nump">R$ 14,120,272<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember', window );">From 1 to 2 years [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LongtermBorrowings', window );">Long term debt</a></td>
<td class="nump">3,092,734<span></span>
</td>
<td class="nump">2,702,626<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember', window );">From 2 to 3 years [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LongtermBorrowings', window );">Long term debt</a></td>
<td class="nump">774,904<span></span>
</td>
<td class="nump">3,091,641<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember', window );">From 3 to 4 years [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LongtermBorrowings', window );">Long term debt</a></td>
<td class="nump">270,401<span></span>
</td>
<td class="nump">784,778<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember', window );">From 4 to 5 years [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LongtermBorrowings', window );">Long term debt</a></td>
<td class="nump">3,056,499<span></span>
</td>
<td class="nump">231,271<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_LaterThanFiveYearsMember', window );">More than 5 years [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LongtermBorrowings', window );">Long term debt</a></td>
<td class="nump">R$ 6,317,054<span></span>
</td>
<td class="nump">R$ 7,309,956<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LongtermBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The non-current portion of non-current borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LongtermBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_LaterThanFiveYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_LaterThanFiveYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>177
<FILENAME>R148.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147268626824">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Loans, financing, debentures and hedge derivative financial instruments - Summary of Foreign Loan Maturity (Detail)<br> R$ in Thousands, $ in Thousands</strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th">
<div>Dec. 31, 2021 </div>
<div>BRL (R$)</div>
</th>
<th class="th">
<div>Dec. 31, 2021 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Dec. 31, 2020 </div>
<div>BRL (R$)</div>
</th>
<th class="th">
<div>Dec. 31, 2019 </div>
<div>BRL (R$)</div>
</th>
<th class="th">
<div>Dec. 31, 2018 </div>
<div>BRL (R$)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Loan maturity, amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 16,377,643<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 17,376,216<span></span>
</td>
<td class="nump">R$ 14,392,722<span></span>
</td>
<td class="nump">R$ 15,116,139<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_IpirangaProdutosdePetroleoSAMember', window );">IPP [member] | Foreign loans [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Loan maturity, amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 1,011,374<span></span>
</td>
<td class="nump">$ 181,234<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsAdjustmentToInterestRateBasis', window );">Cost in percentage of DI</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">104.90%<span></span>
</td>
<td class="nump">104.90%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ForeignLoanAxis=ugp_ChargesMember', window );">Charges [member] | IPP [member] | Foreign loans [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Loan maturity, amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">R$ 34,786<span></span>
</td>
<td class="nump">$ 6,234<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsAdjustmentToInterestRateBasis', window );">Cost in percentage of DI</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ForeignLoanAxis=ugp_ForeignLoanOneMember', window );">Foreign loan one [member] | IPP [member] | Foreign loans [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Borrowings, maturity date</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Jun/2022<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Loan maturity, amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 279,025<span></span>
</td>
<td class="nump">$ 50,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsAdjustmentToInterestRateBasis', window );">Cost in percentage of DI</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">105.00%<span></span>
</td>
<td class="nump">105.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ForeignLoanAxis=ugp_ForeignLoanTwoMember', window );">Foreign loan two [member] | IPP [member] | Foreign loans [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Borrowings, maturity date</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Sep/2023<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Loan maturity, amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 334,830<span></span>
</td>
<td class="nump">$ 60,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsAdjustmentToInterestRateBasis', window );">Cost in percentage of DI</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">105.00%<span></span>
</td>
<td class="nump">105.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ForeignLoanAxis=ugp_ForeignLoanThreeMember', window );">Foreign loan three [member] | IPP [member] | Foreign loans [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Borrowings, maturity date</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Sep/2023<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Loan maturity, amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 362,733<span></span>
</td>
<td class="nump">$ 65,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsAdjustmentToInterestRateBasis', window );">Cost in percentage of DI</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">104.80%<span></span>
</td>
<td class="nump">104.80%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr><td colspan="6"></td></tr>
<tr><td colspan="6"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top"><span style="border-right: none; border-left: none;">Includes interest, transaction costs and fair value adjustments.</span></td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Borrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of outstanding funds that the entity is obligated to repay.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Borrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsAdjustmentToInterestRateBasis">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The adjustment to the basis (reference rate) used for calculation of the interest rate on borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 7<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsAdjustmentToInterestRateBasis</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsMaturity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The maturity of borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 7<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsMaturity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_IpirangaProdutosdePetroleoSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_IpirangaProdutosdePetroleoSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=ugp_ForeignLoansMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=ugp_ForeignLoansMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ForeignLoanAxis=ugp_ChargesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ForeignLoanAxis=ugp_ChargesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ForeignLoanAxis=ugp_ForeignLoanOneMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ForeignLoanAxis=ugp_ForeignLoanOneMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ForeignLoanAxis=ugp_ForeignLoanTwoMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ForeignLoanAxis=ugp_ForeignLoanTwoMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ForeignLoanAxis=ugp_ForeignLoanThreeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ForeignLoanAxis=ugp_ForeignLoanThreeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>178
<FILENAME>R149.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147299988760">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Loans, financing, debentures and hedge derivative financial instruments - Summary of Loan Maturity (Detail) - Debentures [member]<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr><th class="th" colspan="2">
<div>Dec. 31, 2021 </div>
<div>BRL (R$)</div>
</th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotesAndDebenturesIssued', window );">Debentures</a></td>
<td class="nump">R$ 7,086,769<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingCostsRecognisedAsExpense', window );">Charges</a></td>
<td class="num">(22,759)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ugp_MaturityOneMember', window );">Apr/2022</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotesAndDebenturesIssued', window );">Debentures</a></td>
<td class="nump">660,139<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ugp_MaturityTwoMember', window );">Jul/2022</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotesAndDebenturesIssued', window );">Debentures</a></td>
<td class="nump">750,000<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ugp_MaturityThreeMember', window );">Oct/2022</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotesAndDebenturesIssued', window );">Debentures</a></td>
<td class="nump">730,384<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ugp_MaturityFourMember', window );">Mar/2023</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotesAndDebenturesIssued', window );">Debentures</a></td>
<td class="nump">1,725,000<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ugp_MaturityFiveMember', window );">Dec/2023</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotesAndDebenturesIssued', window );">Debentures</a></td>
<td class="nump">660,000<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ugp_MaturitySixMember', window );">Apr/2024</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotesAndDebenturesIssued', window );">Debentures</a></td>
<td class="nump">443,944<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ugp_MaturitySevenMember', window );">Oct/2024</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotesAndDebenturesIssued', window );">Debentures</a></td>
<td class="nump">267,316<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ugp_MaturityEightMember', window );">Nov/2024</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotesAndDebenturesIssued', window );">Debentures</a></td>
<td class="nump">90,000<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ugp_MaturityNineMember', window );">Dec/2025</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotesAndDebenturesIssued', window );">Debentures</a></td>
<td class="nump">287,294<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ugp_MaturityTenMember', window );">Mar/2028</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotesAndDebenturesIssued', window );">Debentures</a></td>
<td class="nump">498,474<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ugp_MaturityElevenMember', window );">Sep/2028</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotesAndDebenturesIssued', window );">Debentures</a></td>
<td class="nump">R$ 996,977<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr><td colspan="3"></td></tr>
<tr><td colspan="3"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top"><span style="border-right: none; border-left: none;">Includes interest, transaction cost and fair value adjustments.</span></td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingCostsRecognisedAsExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of interest and other costs that an entity incurs in connection with the borrowing of funds that are recognised as an expense.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingCostsRecognisedAsExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NotesAndDebenturesIssued">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of notes and debentures issued by the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NotesAndDebenturesIssued</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_DebenturesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_DebenturesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ugp_MaturityOneMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ugp_MaturityOneMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ugp_MaturityTwoMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ugp_MaturityTwoMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ugp_MaturityThreeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ugp_MaturityThreeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ugp_MaturityFourMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ugp_MaturityFourMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ugp_MaturityFiveMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ugp_MaturityFiveMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ugp_MaturitySixMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ugp_MaturitySixMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ugp_MaturitySevenMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ugp_MaturitySevenMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ugp_MaturityEightMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ugp_MaturityEightMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ugp_MaturityNineMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ugp_MaturityTenMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ugp_MaturityElevenMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Period Type:</strong></td>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>179
<FILENAME>R150.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147274104888">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Loans, financing, debentures and hedge derivative financial instruments - Notes (Details Textual)<br> $ in Thousands</strong></div></th>
<th class="th" colspan="1">1 Months Ended</th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th">
<div>Apr. 30, 2020 </div>
<div>BRL (R$) </div>
<div>Notes</div>
</th>
<th class="th">
<div>Dec. 31, 2021 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Dec. 31, 2020 </div>
<div>USD ($)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Summary of loans debentures and finance leases [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Face value unit | $</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 90,000<span></span>
</td>
<td class="nump">$ 90,000<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=ugp_UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt6thApril2021Member', window );">Unsecured commercial notes payable not convertible into shares, maturity at 6th April, 2021 [member] | IPP [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Summary of loans debentures and finance leases [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NumberOfDebtInstrumentsIssued', window );">Number of debt instruments issued | Notes</a></td>
<td class="nump">40<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Face value unit | R$</a></td>
<td class="nump">R$ 25,000,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Final maturity</a></td>
<td class="text">April 6, 2021<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DescriptionOfPaymentOfFaceValueOfBorrowings', window );">Payment of the face value</a></td>
<td class="text">Lump sum at final maturity<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Interest</a></td>
<td class="text">DI + 3.10%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DescriptionOfPaymentOfInterestOfBorrowings', window );">Payment of interest</a></td>
<td class="text">Lump sum at final maturity<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DescriptionOfBorrowingsReprice', window );">Reprice</a></td>
<td class="text">Not applicable<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsInterestRateBasis">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The basis (reference rate) used for calculation of the interest rate on borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 7<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsInterestRateBasis</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsMaturity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The maturity of borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 7<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsMaturity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NotionalAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The nominal or face amount of a financial instrument, used to calculate payments made on that instrument.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NotionalAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DescriptionOfBorrowingsReprice">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of reprice of borrowings.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DescriptionOfBorrowingsReprice</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DescriptionOfPaymentOfFaceValueOfBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of payment of the face value of borrowings.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DescriptionOfPaymentOfFaceValueOfBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DescriptionOfPaymentOfInterestOfBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of payment of interest of borrowings.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DescriptionOfPaymentOfInterestOfBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_NumberOfDebtInstrumentsIssued">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of debt instruments issued in public market during period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_NumberOfDebtInstrumentsIssued</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:integerItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=ugp_UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt6thApril2021Member</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_IpirangaProdutosdePetroleoSAMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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</div>
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</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>180
<FILENAME>R151.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147300764664">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Loans, financing, debentures and hedge derivative financial instruments - Summary of Transaction Costs (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TransactionCostsFinancialInstruments', window );">Transaction costs, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 67,110<span></span>
</td>
<td class="nump">R$ 71,766<span></span>
</td>
<td class="nump">R$ 76,457<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncurredTransactionCost', window );">Incurred cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">40,953<span></span>
</td>
<td class="nump">20,065<span></span>
</td>
<td class="nump">19,134<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TransactionCostAmortization', window );">Amortization</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(21,275)<span></span>
</td>
<td class="num">(24,721)<span></span>
</td>
<td class="num">(23,825)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DecreaseThroughClassifiedAsHeldForSaleAccumulatedTransactionCosts', window );">Reclassification to liabilities held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(4,204)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TransactionCostsFinancialInstruments', window );">Transaction costs, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 82,584<span></span>
</td>
<td class="nump">R$ 67,110<span></span>
</td>
<td class="nump">R$ 71,766<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_DebenturesMember', window );">Debentures [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_EffectiveRateOfTransactionCosts', window );">Effective rate of transaction costs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0.20%<span></span>
</td>
<td class="nump">0.20%<span></span>
</td>
<td class="nump">0.20%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TransactionCostsFinancialInstruments', window );">Transaction costs, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 28,348<span></span>
</td>
<td class="nump">R$ 41,406<span></span>
</td>
<td class="nump">R$ 56,376<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncurredTransactionCost', window );">Incurred cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">40,953<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">692<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TransactionCostAmortization', window );">Amortization</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(14,811)<span></span>
</td>
<td class="num">(13,058)<span></span>
</td>
<td class="num">(15,662)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DecreaseThroughClassifiedAsHeldForSaleAccumulatedTransactionCosts', window );">Reclassification to liabilities held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TransactionCostsFinancialInstruments', window );">Transaction costs, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 54,490<span></span>
</td>
<td class="nump">R$ 28,348<span></span>
</td>
<td class="nump">R$ 41,406<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_NotesInForeignMarketMember', window );">Notes in foreign market [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_EffectiveRateOfTransactionCosts', window );">Effective rate of transaction costs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0.10%<span></span>
</td>
<td class="nump">0.10%<span></span>
</td>
<td class="nump">0.10%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TransactionCostsFinancialInstruments', window );">Transaction costs, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 37,112<span></span>
</td>
<td class="nump">R$ 28,114<span></span>
</td>
<td class="nump">R$ 13,881<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncurredTransactionCost', window );">Incurred cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="nump">13,263<span></span>
</td>
<td class="nump">18,442<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TransactionCostAmortization', window );">Amortization</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(4,890)<span></span>
</td>
<td class="num">(4,265)<span></span>
</td>
<td class="num">(4,209)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DecreaseThroughClassifiedAsHeldForSaleAccumulatedTransactionCosts', window );">Reclassification to liabilities held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(4,204)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TransactionCostsFinancialInstruments', window );">Transaction costs, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">28,018<span></span>
</td>
<td class="nump">R$ 37,112<span></span>
</td>
<td class="nump">28,114<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_UnsecuredNotesPayableNotConvertibleIntoSharesMember', window );">Notes [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_EffectiveRateOfTransactionCosts', window );">Effective rate of transaction costs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0.50%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TransactionCostsFinancialInstruments', window );">Transaction costs, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,318<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncurredTransactionCost', window );">Incurred cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="nump">6,802<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TransactionCostAmortization', window );">Amortization</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,318)<span></span>
</td>
<td class="num">(5,484)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DecreaseThroughClassifiedAsHeldForSaleAccumulatedTransactionCosts', window );">Reclassification to liabilities held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TransactionCostsFinancialInstruments', window );">Transaction costs, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="nump">R$ 1,318<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_BancoDoBrasilMember', window );">Banco do Brasil [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_EffectiveRateOfTransactionCosts', window );">Effective rate of transaction costs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0.10%<span></span>
</td>
<td class="nump">0.10%<span></span>
</td>
<td class="nump">0.20%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TransactionCostsFinancialInstruments', window );">Transaction costs, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 332<span></span>
</td>
<td class="nump">R$ 770<span></span>
</td>
<td class="nump">R$ 3,437<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncurredTransactionCost', window );">Incurred cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TransactionCostAmortization', window );">Amortization</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(256)<span></span>
</td>
<td class="num">(438)<span></span>
</td>
<td class="num">(2,667)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DecreaseThroughClassifiedAsHeldForSaleAccumulatedTransactionCosts', window );">Reclassification to liabilities held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TransactionCostsFinancialInstruments', window );">Transaction costs, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">76<span></span>
</td>
<td class="nump">332<span></span>
</td>
<td class="nump">R$ 770<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_ForeignLoansMember', window );">Foreign loans [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_EffectiveRateOfTransactionCosts', window );">Effective rate of transaction costs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TransactionCostsFinancialInstruments', window );">Transaction costs, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="nump">94<span></span>
</td>
<td class="nump">R$ 331<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncurredTransactionCost', window );">Incurred cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TransactionCostAmortization', window );">Amortization</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(94)<span></span>
</td>
<td class="num">(237)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TransactionCostsFinancialInstruments', window );">Transaction costs, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">R$ 94<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_OtherTransactionCostsMember', window );">Othes [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_EffectiveRateOfTransactionCosts', window );">Effective rate of transaction costs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0.20%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TransactionCostsFinancialInstruments', window );">Transaction costs, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="nump">1,382<span></span>
</td>
<td class="nump">R$ 2,432<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncurredTransactionCost', window );">Incurred cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TransactionCostAmortization', window );">Amortization</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(1,382)<span></span>
</td>
<td class="num">(1,050)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TransactionCostsFinancialInstruments', window );">Transaction costs, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">R$ 1,382<span></span>
</td>
</tr>
<tr><td colspan="4"></td></tr>
<tr><td colspan="4"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top"><span style="border-right: none; border-left: none;">See Note <span style="border-left: none; border-right: none;">3</span>.c.<span style="border-left: none; border-right: none;">1</span>.</span></td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DecreaseThroughClassifiedAsHeldForSaleAccumulatedTransactionCosts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The decrease in accumulated transaction costs resulting from classification as held for sale or inclusion in a disposal group classified as held for sale.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DecreaseThroughClassifiedAsHeldForSaleAccumulatedTransactionCosts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_EffectiveRateOfTransactionCosts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The percentage of effective rate of transaction costs.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_EffectiveRateOfTransactionCosts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_IncurredTransactionCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of incurred transaction costs of financial instruments during the reporting period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_IncurredTransactionCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_TransactionCostAmortization">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of amortization of transaction costs of financial instruments during the reporting period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_TransactionCostAmortization</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_TransactionCostsFinancialInstruments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of accrued transaction costs of financial instruments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_TransactionCostsFinancialInstruments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_DebenturesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_DebenturesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_NotesInForeignMarketMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_NotesInForeignMarketMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_UnsecuredNotesPayableNotConvertibleIntoSharesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_UnsecuredNotesPayableNotConvertibleIntoSharesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_BancoDoBrasilMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_BancoDoBrasilMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_ForeignLoansMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_ForeignLoansMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_OtherTransactionCostsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_OtherTransactionCostsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
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</head>
<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147300472760">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Loans, financing, debentures and hedge derivative financial instruments - Summary of Appropriated Profit or Loss in The Future (Detail)<br> R$ in Thousands</strong></div></th>
<th class="th">
<div>Dec. 31, 2021 </div>
<div>BRL (R$)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmountAppropriatedToProfitOrLossInFuture', window );">Amount appropriated to profit or loss in the future</a></td>
<td class="nump">R$ 82,584<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_NotLaterThanOneYearMember', window );">Up to 1 year</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmountAppropriatedToProfitOrLossInFuture', window );">Amount appropriated to profit or loss in the future</a></td>
<td class="nump">19,262<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember', window );">From 1 to 2 years [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmountAppropriatedToProfitOrLossInFuture', window );">Amount appropriated to profit or loss in the future</a></td>
<td class="nump">15,257<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember', window );">From 2 to 3 years [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmountAppropriatedToProfitOrLossInFuture', window );">Amount appropriated to profit or loss in the future</a></td>
<td class="nump">11,133<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember', window );">From 3 to 4 years [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmountAppropriatedToProfitOrLossInFuture', window );">Amount appropriated to profit or loss in the future</a></td>
<td class="nump">10,210<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember', window );">From 4 to 5 years [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmountAppropriatedToProfitOrLossInFuture', window );">Amount appropriated to profit or loss in the future</a></td>
<td class="nump">9,783<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_LaterThanFiveYearsMember', window );">More than 5 years [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmountAppropriatedToProfitOrLossInFuture', window );">Amount appropriated to profit or loss in the future</a></td>
<td class="nump">16,939<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_DebenturesMember', window );">Debentures [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmountAppropriatedToProfitOrLossInFuture', window );">Amount appropriated to profit or loss in the future</a></td>
<td class="nump">54,490<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_DebenturesMember', window );">Debentures [member] | Up to 1 year</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmountAppropriatedToProfitOrLossInFuture', window );">Amount appropriated to profit or loss in the future</a></td>
<td class="nump">15,060<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_DebenturesMember', window );">Debentures [member] | From 1 to 2 years [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmountAppropriatedToProfitOrLossInFuture', window );">Amount appropriated to profit or loss in the future</a></td>
<td class="nump">11,129<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_DebenturesMember', window );">Debentures [member] | From 2 to 3 years [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmountAppropriatedToProfitOrLossInFuture', window );">Amount appropriated to profit or loss in the future</a></td>
<td class="nump">6,990<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_DebenturesMember', window );">Debentures [member] | From 3 to 4 years [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmountAppropriatedToProfitOrLossInFuture', window );">Amount appropriated to profit or loss in the future</a></td>
<td class="nump">6,075<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_DebenturesMember', window );">Debentures [member] | From 4 to 5 years [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmountAppropriatedToProfitOrLossInFuture', window );">Amount appropriated to profit or loss in the future</a></td>
<td class="nump">5,886<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_DebenturesMember', window );">Debentures [member] | More than 5 years [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmountAppropriatedToProfitOrLossInFuture', window );">Amount appropriated to profit or loss in the future</a></td>
<td class="nump">9,350<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_NotesInForeignMarketMember', window );">Notes in foreign market [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmountAppropriatedToProfitOrLossInFuture', window );">Amount appropriated to profit or loss in the future</a></td>
<td class="nump">28,018<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_NotesInForeignMarketMember', window );">Notes in foreign market [member] | Up to 1 year</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmountAppropriatedToProfitOrLossInFuture', window );">Amount appropriated to profit or loss in the future</a></td>
<td class="nump">4,126<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_NotesInForeignMarketMember', window );">Notes in foreign market [member] | From 1 to 2 years [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmountAppropriatedToProfitOrLossInFuture', window );">Amount appropriated to profit or loss in the future</a></td>
<td class="nump">4,128<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_NotesInForeignMarketMember', window );">Notes in foreign market [member] | From 2 to 3 years [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmountAppropriatedToProfitOrLossInFuture', window );">Amount appropriated to profit or loss in the future</a></td>
<td class="nump">4,143<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_NotesInForeignMarketMember', window );">Notes in foreign market [member] | From 3 to 4 years [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmountAppropriatedToProfitOrLossInFuture', window );">Amount appropriated to profit or loss in the future</a></td>
<td class="nump">4,135<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_NotesInForeignMarketMember', window );">Notes in foreign market [member] | From 4 to 5 years [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmountAppropriatedToProfitOrLossInFuture', window );">Amount appropriated to profit or loss in the future</a></td>
<td class="nump">3,897<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_NotesInForeignMarketMember', window );">Notes in foreign market [member] | More than 5 years [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmountAppropriatedToProfitOrLossInFuture', window );">Amount appropriated to profit or loss in the future</a></td>
<td class="nump">7,589<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_BancoDoBrasilMember', window );">Banco do Brasil [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmountAppropriatedToProfitOrLossInFuture', window );">Amount appropriated to profit or loss in the future</a></td>
<td class="nump">76<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_BancoDoBrasilMember', window );">Banco do Brasil [member] | Up to 1 year</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmountAppropriatedToProfitOrLossInFuture', window );">Amount appropriated to profit or loss in the future</a></td>
<td class="nump">76<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_BancoDoBrasilMember', window );">Banco do Brasil [member] | From 1 to 2 years [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmountAppropriatedToProfitOrLossInFuture', window );">Amount appropriated to profit or loss in the future</a></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_BancoDoBrasilMember', window );">Banco do Brasil [member] | From 2 to 3 years [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmountAppropriatedToProfitOrLossInFuture', window );">Amount appropriated to profit or loss in the future</a></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_BancoDoBrasilMember', window );">Banco do Brasil [member] | From 3 to 4 years [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmountAppropriatedToProfitOrLossInFuture', window );">Amount appropriated to profit or loss in the future</a></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_BancoDoBrasilMember', window );">Banco do Brasil [member] | From 4 to 5 years [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmountAppropriatedToProfitOrLossInFuture', window );">Amount appropriated to profit or loss in the future</a></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_BancoDoBrasilMember', window );">Banco do Brasil [member] | More than 5 years [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmountAppropriatedToProfitOrLossInFuture', window );">Amount appropriated to profit or loss in the future</a></td>
<td class="text"> <span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
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</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AmountAppropriatedToProfitOrLossInFuture">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount appropriated to profit or loss in the future.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AmountAppropriatedToProfitOrLossInFuture</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_NotLaterThanOneYearMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_NotLaterThanOneYearMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
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</table></div>
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</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_LaterThanFiveYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_LaterThanFiveYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_DebenturesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_DebenturesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_NotesInForeignMarketMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_NotesInForeignMarketMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_BancoDoBrasilMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_BancoDoBrasilMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>182
<FILENAME>R153.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147276842600">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Loans, financing, debentures and hedge derivative financial instruments - Summary of Collateral to Financial Institutions (Detail) - Empreendimentos Pague Menos S.A. - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_MaximumPotentialAmountOfFuturePaymentsOnGuarantees', window );">Maximum amount of future payments related to these collaterals</a></td>
<td class="nump">R$ 690,347<span></span>
</td>
<td class="nump">R$ 330,944<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CollateralFuturePaymentsMaturityPeriod', window );">Maturities of up to</a></td>
<td class="text">49 months<span></span>
</td>
<td class="text">46 months<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_GuaranteeLiabilities', window );">Fair value of collaterals</a></td>
<td class="nump">R$ 9,923<span></span>
</td>
<td class="nump">R$ 5,496<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_CollateralFuturePaymentsMaturityPeriod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The maturity period of future payments on collaterals.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_CollateralFuturePaymentsMaturityPeriod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_GuaranteeLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of guarantee liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_GuaranteeLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_MaximumPotentialAmountOfFuturePaymentsOnGuarantees">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The maximum potential amount of future payments on guarantee liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_MaximumPotentialAmountOfFuturePaymentsOnGuarantees</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_IpirangaProdutosdePetroleoSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_IpirangaProdutosdePetroleoSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>183
<FILENAME>R154.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147276808056">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Trade Payables - Summary of Trade Payables (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfTradePayablesLineItems', window );"><strong>Summary of trade payables [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers', window );">Trade payables</a></td>
<td class="nump">R$ 3,670,895<span></span>
</td>
<td class="nump">R$ 2,745,019<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherPayablesToRelatedParties', window );">Trade payables to related parties</a></td>
<td class="nump">3,534<span></span>
</td>
<td class="nump">3,711<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TradeCurrentPayablesReverseFactoring', window );">Trade payables &#8211; reverse factoring</a></td>
<td class="nump">2,119,059<span></span>
</td>
<td class="nump">1,295,633<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TradePayablesAxis=ugp_DomesticSuppliersMember', window );">Domestic suppliers [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfTradePayablesLineItems', window );"><strong>Summary of trade payables [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers', window );">Trade payables</a></td>
<td class="nump">3,010,912<span></span>
</td>
<td class="nump">2,306,398<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherPayablesToRelatedParties', window );">Trade payables to related parties</a></td>
<td class="nump">1,422<span></span>
</td>
<td class="nump">5,102<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TradePayablesAxis=ugp_DomesticSuppliersReverseFactoringMember', window );">Domestic suppliers reverse factoring [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfTradePayablesLineItems', window );"><strong>Summary of trade payables [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers', window );">Trade payables</a></td>
<td class="nump">1,948,033<span></span>
</td>
<td class="nump">1,021,424<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherPayablesToRelatedParties', window );">Trade payables to related parties</a></td>
<td class="nump">89,339<span></span>
</td>
<td class="nump">61,989<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TradePayablesAxis=ugp_ForeignSuppliersMember', window );">Foreign suppliers [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfTradePayablesLineItems', window );"><strong>Summary of trade payables [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers', window );">Trade payables</a></td>
<td class="nump">445,805<span></span>
</td>
<td class="nump">307,486<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherPayablesToRelatedParties', window );">Trade payables to related parties</a></td>
<td class="nump">212,756<span></span>
</td>
<td class="nump">126,033<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TradePayablesAxis=ugp_ForeignSuppliersReverseFactoringMember', window );">Foreign suppliers reverse factoring [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfTradePayablesLineItems', window );"><strong>Summary of trade payables [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers', window );">Trade payables</a></td>
<td class="nump">R$ 81,687<span></span>
</td>
<td class="nump">R$ 212,220<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The current amount of payment due to suppliers for goods and services used in entity's business. [Refer: Current liabilities; Trade payables]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 70<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_70&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TradeAndOtherPayablesToRelatedParties">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of payables due to related parties. [Refer: Related parties [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TradeAndOtherPayablesToRelatedParties</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_SummaryOfTradePayablesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Summary of trade payable.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_SummaryOfTradePayablesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_TradeCurrentPayablesReverseFactoring">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Trade current payables- reverse factoring.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_TradeCurrentPayablesReverseFactoring</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_TradePayablesAxis=ugp_DomesticSuppliersMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_TradePayablesAxis=ugp_DomesticSuppliersMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_TradePayablesAxis=ugp_DomesticSuppliersReverseFactoringMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_TradePayablesAxis=ugp_DomesticSuppliersReverseFactoringMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_TradePayablesAxis=ugp_ForeignSuppliersMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_TradePayablesAxis=ugp_ForeignSuppliersMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_TradePayablesAxis=ugp_ForeignSuppliersReverseFactoringMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_TradePayablesAxis=ugp_ForeignSuppliersReverseFactoringMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>184
<FILENAME>R155.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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							e.nextSibling.style.display='block';
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</head>
<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147277079992">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Salaries and Related Charges - Summary of Salaries and Related Charges (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShorttermEmployeeBenefitsExpenseAbstract', window );"><strong>Short-term employee benefits expense [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ShortTermEmployeeBenefitsAccrualsForProvisionsOnSalaries', window );">Provisions on salaries</a></td>
<td class="nump">R$ 136,938<span></span>
</td>
<td class="nump">R$ 195,286<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ShortTermEmployeeBenefitsAccrualsForProfitSharingBonusAndPremium', window );">Profit sharing, bonus and premium</a></td>
<td class="nump">132,390<span></span>
</td>
<td class="nump">184,306<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ShortTermEmployeeBenefitsAccrualsForSocialCharges', window );">Social charges</a></td>
<td class="nump">52,739<span></span>
</td>
<td class="nump">73,267<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ShortTermEmployeeBenefitsAccrualsForOtherCharges', window );">Others</a></td>
<td class="nump">8,036<span></span>
</td>
<td class="nump">15,771<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShorttermEmployeeBenefitsAccruals', window );">Salaries and related charges</a></td>
<td class="nump">R$ 330,103<span></span>
</td>
<td class="nump">R$ 468,630<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ShorttermEmployeeBenefitsAccruals">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of accruals for employee benefits (other than termination benefits) that are expected to be settled wholly within twelve months after the end of the annual reporting period in which the employees render the related services. [Refer: Accruals classified as current]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ShorttermEmployeeBenefitsAccruals</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ShorttermEmployeeBenefitsExpenseAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ShorttermEmployeeBenefitsExpenseAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ShortTermEmployeeBenefitsAccrualsForOtherCharges">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of short-term accruals of employee benefits for other charges.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ShortTermEmployeeBenefitsAccrualsForOtherCharges</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ShortTermEmployeeBenefitsAccrualsForProfitSharingBonusAndPremium">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of short-term accruals of employee benefits for profit sharing, bonus and premium.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ShortTermEmployeeBenefitsAccrualsForProfitSharingBonusAndPremium</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ShortTermEmployeeBenefitsAccrualsForProvisionsOnSalaries">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of short-term accruals of employee benefits for provisions on salaries.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ShortTermEmployeeBenefitsAccrualsForProvisionsOnSalaries</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ShortTermEmployeeBenefitsAccrualsForSocialCharges">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of short-term accruals of employee benefits for social charges.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ShortTermEmployeeBenefitsAccrualsForSocialCharges</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>185
<FILENAME>R156.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147277099960">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Taxes Payable - Summary of Taxes Payable (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfTaxesPayableLineItems', window );"><strong>Disclosure of taxes payable [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax', window );">Taxes payable</a></td>
<td class="nump">R$ 229,176<span></span>
</td>
<td class="nump">R$ 286,014<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TaxesAxis=ugp_ICMSMember', window );">ICMS [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfTaxesPayableLineItems', window );"><strong>Disclosure of taxes payable [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax', window );">Taxes payable</a></td>
<td class="nump">146,598<span></span>
</td>
<td class="nump">180,522<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TaxesAxis=ugp_TaxOnIndustrializedProductsMember', window );">IPI [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfTaxesPayableLineItems', window );"><strong>Disclosure of taxes payable [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax', window );">Taxes payable</a></td>
<td class="nump">4,163<span></span>
</td>
<td class="nump">8,952<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TaxesAxis=ugp_PisAndCofinsMember', window );">PIS and COFINS [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfTaxesPayableLineItems', window );"><strong>Disclosure of taxes payable [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax', window );">Taxes payable</a></td>
<td class="nump">13,667<span></span>
</td>
<td class="nump">13,187<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TaxesAxis=ugp_ISSMember', window );">ISS [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfTaxesPayableLineItems', window );"><strong>Disclosure of taxes payable [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax', window );">Taxes payable</a></td>
<td class="nump">45,533<span></span>
</td>
<td class="nump">38,328<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TaxesAxis=ugp_ValueAddedTaxIvaOfForeignSubsidiariesMember', window );">Value-Added Tax (IVA) of foreign subsidiaries [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfTaxesPayableLineItems', window );"><strong>Disclosure of taxes payable [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax', window );">Taxes payable</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">27,322<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TaxesAxis=ugp_OtherTaxesPayableMember', window );">Others [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfTaxesPayableLineItems', window );"><strong>Disclosure of taxes payable [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax', window );">Taxes payable</a></td>
<td class="nump">R$ 19,215<span></span>
</td>
<td class="nump">R$ 17,703<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current payables on social security and taxes other than incomes tax. [Refer: Payables on social security and taxes other than income tax]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DisclosureOfTaxesPayableLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure of taxes payable [line items].</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DisclosureOfTaxesPayableLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_TaxesAxis=ugp_ICMSMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_TaxesAxis=ugp_ICMSMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_TaxesAxis=ugp_TaxOnIndustrializedProductsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_TaxesAxis=ugp_TaxOnIndustrializedProductsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_TaxesAxis=ugp_PisAndCofinsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_TaxesAxis=ugp_PisAndCofinsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_TaxesAxis=ugp_ISSMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_TaxesAxis=ugp_ISSMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_TaxesAxis=ugp_ValueAddedTaxIvaOfForeignSubsidiariesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_TaxesAxis=ugp_ValueAddedTaxIvaOfForeignSubsidiariesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_TaxesAxis=ugp_OtherTaxesPayableMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_TaxesAxis=ugp_OtherTaxesPayableMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>186
<FILENAME>R157.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147270408760">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Employee Benefits and Private Pension Plan - Additional information (Detail)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="1">1 Months Ended</th>
<th class="th" colspan="3">12 Months Ended</th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th">
<div>May 31, 2021 </div>
<div>BRL (R$)</div>
</th>
<th class="th">
<div>Dec. 31, 2021 </div>
<div>BRL (R$) </div>
<div>Employee</div>
</th>
<th class="th">
<div>Dec. 31, 2020 </div>
<div>BRL (R$)</div>
</th>
<th class="th">
<div>Dec. 31, 2019 </div>
<div>BRL (R$)</div>
</th>
<th class="th">
<div>May 30, 2020 </div>
<div>BRL (R$)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_MaximumMatchingContributionInProportionToEmployeeGrossSalaryPercentage', window );">Maximum matching contribution percentage</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">11.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DefinedContributionPensionPlanReversionFund', window );">Defined contribution pension plan fund</a></td>
<td class="nump">R$ 3,706<span></span>
</td>
<td class="nump">R$ 19,831<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 47,088<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset', window );">Contribution to Ultraprev</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 16,368<span></span>
</td>
<td class="nump">R$ 17,186<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NumberOfActiveParticipatingEmployees', window );">Number of active participating employees | Employee</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">4,381<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NumberOfRetiredParticipatingEmployees', window );">Number of retired participating employees | Employee</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">387<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NumberOfFormerEmployeesReceivingBenefits', window );">Number of former employees receiving benefits | Employee</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">23<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset', window );">Sponsors&#8217; normal contributions</a></td>
<td class="nump">27,451<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DefinedContributionPensionPlanReversionFundReclassifiedToAssetsHeldForSale', window );">Defined contribution pension fund reclassified to assets held for sale</a></td>
<td class="nump">R$ 3,512<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ContributionsToPlanByEmployerPortionOfReversionFund', window );">Contribution to Ultraprev, portion of pension fund</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 10,566<span></span>
</td>
<td class="nump">R$ 7,446<span></span>
</td>
<td class="nump">R$ 21,357<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DemographicAssumptionPercentageOfReasonablyPossibleDecreaseInMortalityTableForOtherBenefits', window );">Demographic assumption percentage of reasonably possible decrease in mortality table for other benefits</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">10.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember', window );">Bottom of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AccumulatedFundPercentage', window );">Monthly accumulated fund percentage</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0.30%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_FixedAccumulatedFundPeriod', window );">Fixed monthly accumulated fund period</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">5 years<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember', window );">Top of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AccumulatedFundPercentage', window );">Monthly accumulated fund percentage</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_FixedAccumulatedFundPeriod', window );">Fixed monthly accumulated fund period</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">35 years<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_WeightedAverageDurationOfDefinedBenefitObligation2019', window );">Average period</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">92 months<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The decrease (increase) in net defined benefit liability (asset) resulting from contributions to a defined benefit plan by the employer. [Refer: Net defined benefit liability (asset); Defined benefit plans [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2021-01-01<br> -Paragraph 141<br> -Subparagraph f<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_141_f&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The decrease (increase) in the net defined benefit liability (asset) resulting from contributions to a defined benefit plan by plan participants. [Refer: Net defined benefit liability (asset); Defined benefit plans [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2021-01-01<br> -Paragraph 141<br> -Subparagraph f<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_141_f&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDefinedBenefitPlansLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_WeightedAverageDurationOfDefinedBenefitObligation2019">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The weighted average duration of a defined benefit obligation. [Refer: Weighted average [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2021-01-01<br> -Paragraph 147<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_147_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_WeightedAverageDurationOfDefinedBenefitObligation2019</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AccumulatedFundPercentage">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The percentage of participating employees' accumulated fund to a defined contribution plan.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AccumulatedFundPercentage</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ContributionsToPlanByEmployerPortionOfReversionFund">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of contributions by portion of reversion fund to a defined benefit plan by the employer.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ContributionsToPlanByEmployerPortionOfReversionFund</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DefinedContributionPensionPlanReversionFund">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of defined contribution pension plan reversion fund.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DefinedContributionPensionPlanReversionFund</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DefinedContributionPensionPlanReversionFundReclassifiedToAssetsHeldForSale">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of defined contribution pension plan reversion fund reclassified to assets held for sale.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DefinedContributionPensionPlanReversionFundReclassifiedToAssetsHeldForSale</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DemographicAssumptionPercentageOfReasonablyPossibleDecreaseInMortalityTableForOtherBenefits">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The demographic assumption percentage of reasonably possible decrease in mortality table for other benefits.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DemographicAssumptionPercentageOfReasonablyPossibleDecreaseInMortalityTableForOtherBenefits</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_FixedAccumulatedFundPeriod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The period of participating employees' accumulated fund to a defined contribution plan.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_FixedAccumulatedFundPeriod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_MaximumMatchingContributionInProportionToEmployeeGrossSalaryPercentage">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The maximum percentage of employer's matching contributions to a defined contribution plan that vests in a given year.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_MaximumMatchingContributionInProportionToEmployeeGrossSalaryPercentage</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_NumberOfActiveParticipatingEmployees">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of active participating employees to a defined contribution plan.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_NumberOfActiveParticipatingEmployees</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:integerItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_NumberOfFormerEmployeesReceivingBenefits">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of former employees receiving benefits to a defined contribution plan.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_NumberOfFormerEmployeesReceivingBenefits</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:integerItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_NumberOfRetiredParticipatingEmployees">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of retired participating employees to a defined contribution plan.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_NumberOfRetiredParticipatingEmployees</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:integerItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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</body>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>187
<FILENAME>R158.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147283075720">
<tr>
<th class="tl" colspan="2" rowspan="1"><div style="width: 200px;"><strong>Employee Benefits and Private Pension Plan - Post-employment Benefits (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProvisionsForEmployeeBenefits', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 215,719<span></span>
</td>
<td class="nump">R$ 284,724<span></span>
</td>
<td class="nump">R$ 272,867<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentProvisionsForEmployeeBenefits', window );">Current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">21,082<span></span>
</td>
<td class="nump">27,077<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentProvisionsForEmployeeBenefits', window );">Non-current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">194,637<span></span>
</td>
<td class="nump">257,647<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=ugp_HealthAndDentalCareMember', window );">Health and dental care plan [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProvisionsForEmployeeBenefits', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">159,867<span></span>
</td>
<td class="nump">200,318<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=ugp_IndemnificationOfFGTSMember', window );">Indemnification of FGTS [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProvisionsForEmployeeBenefits', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">38,617<span></span>
</td>
<td class="nump">53,952<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=ugp_SeniorityBonusMember', window );">Seniority bonus [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProvisionsForEmployeeBenefits', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">5,570<span></span>
</td>
<td class="nump">16,336<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=ugp_LifeInsuranceMember', window );">Life insurance [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProvisionsForEmployeeBenefits', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">R$ 11,665<span></span>
</td>
<td class="nump">R$ 14,118<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr><td colspan="4"></td></tr>
<tr><td colspan="4"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top"><span style="font-family: 'Times New Roman';">Only </span><span style="font-family: 'Times New Roman';">IPP</span><span style="font-family: 'Times New Roman';">, Tropical</span><span style="font-family: 'Times New Roman';"> and</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: 'Times New Roman';">Iconic</span><span style="font-family: 'Times New Roman';">.</span></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top"><span style="font-family: 'Times New Roman';"> In <span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">2021</span></span>, there was a change in the seniority bonus policy for retirement, with a reduction in the benefit (Ultragaz and Ipiranga).</span></td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentProvisionsForEmployeeBenefits">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current provisions for employee benefits. [Refer: Provisions for employee benefits]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_d&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentProvisionsForEmployeeBenefits</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDefinedBenefitPlansLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentProvisionsForEmployeeBenefits">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current provisions for employee benefits. [Refer: Provisions for employee benefits]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_d&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentProvisionsForEmployeeBenefits</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProvisionsForEmployeeBenefits">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of provisions for employee benefits. [Refer: Employee benefits expense; Provisions]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_d&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProvisionsForEmployeeBenefits</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DefinedBenefitPlansAxis=ugp_HealthAndDentalCareMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DefinedBenefitPlansAxis=ugp_HealthAndDentalCareMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DefinedBenefitPlansAxis=ugp_IndemnificationOfFGTSMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DefinedBenefitPlansAxis=ugp_IndemnificationOfFGTSMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DefinedBenefitPlansAxis=ugp_SeniorityBonusMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DefinedBenefitPlansAxis=ugp_SeniorityBonusMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DefinedBenefitPlansAxis=ugp_LifeInsuranceMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DefinedBenefitPlansAxis=ugp_LifeInsuranceMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td>na</td>
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<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>188
<FILENAME>R159.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147300671736">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Employee Benefits and Private Pension Plan - Changes in provision for post-employment benefits (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutDefinedBenefitPlansAbstract', window );"><strong>Employee benefits and private pension plan</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProvisionsForEmployeeBenefits', window );">Provision for post-employment benefits, opening</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 284,724<span></span>
</td>
<td class="nump">R$ 272,867<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_PostEmploymentBenefitExpenseInProfitOrLossFromContinuingOperationsDefinedBenefitPlans', window );">Expense for the year of continuing operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">15,585<span></span>
</td>
<td class="nump">11,622<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_PostEmploymentBenefitExpenseInProfitOrLossFromDiscontinuedOperationsDefinedBenefitPlans', window );">Expense (revenue) for the year of discontinued operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,951<span></span>
</td>
<td class="num">(6,411)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetOfTaxDefinedBenefitPlans', window );">(Gain) Losses from changes in actuarial assumptions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(58,954)<span></span>
</td>
<td class="nump">24,822<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BenefitsPaidOrPayable', window );">Benefits paid directly by Company and its subsidiaries</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(18,400)<span></span>
</td>
<td class="num">(18,969)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_EmployeeBenefitsExchangeRateFromForeignSubsidiaries', window );">Exchange rates from post employment benefits</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">217<span></span>
</td>
<td class="nump">793<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DecreaseInNetDefinedBenefitLiabilityResultingFromReclassificationToLiabilitiesHeldForSale', window );">Reclassification to liabilities held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(10,404)<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProvisionsForEmployeeBenefits', window );">Provision for post-employment benefits, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 215,719<span></span>
</td>
<td class="nump">R$ 284,724<span></span>
</td>
</tr>
<tr><td colspan="3"></td></tr>
<tr><td colspan="3"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">For further information see Note <span style="border-left: none; border-right: none;">3</span><span style="font-family: 'Times New Roman';">.c.<span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">.</span></td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetOfTaxDefinedBenefitPlans">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of other comprehensive income, net of tax, resulting from actuarial gains (losses) arising from changes in financial assumptions that result in remeasurements of the net defined benefit liability (asset). Financial assumptions deal with items such as: (a) the discount rate; (b) benefit levels, excluding any cost of the benefits to be met by employees, and future salary; (c) in the case of medical benefits, future medical costs, including claim handling costs (ie the costs that will be incurred in processing and resolving claims, including legal and adjuster's fees); and (d) taxes payable by the plan on contributions relating to service before the reporting date or on benefits resulting from that service. [Refer: Other comprehensive income, net of tax, gains (losses) on remeasurements of defined benefit plans] [Contrast: Decrease (increase) in net defined benefit liability (asset) resulting from actuarial gains (losses) arising from changes in financial assumptions]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2021-01-01<br> -Paragraph 135<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_135_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetOfTaxDefinedBenefitPlans</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BenefitsPaidOrPayable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of benefits paid or payable for retirement benefit plans.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 26<br> -IssueDate 2021-01-01<br> -Paragraph 35<br> -Subparagraph b<br> -Clause v<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=26&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_35_b_v&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BenefitsPaidOrPayable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfInformationAboutDefinedBenefitPlansAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfInformationAboutDefinedBenefitPlansAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProvisionsForEmployeeBenefits">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of provisions for employee benefits. [Refer: Employee benefits expense; Provisions]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_d&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProvisionsForEmployeeBenefits</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DecreaseInNetDefinedBenefitLiabilityResultingFromReclassificationToLiabilitiesHeldForSale">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The decrease in the net defined benefit liability resulting from reclassification to liabilities held for sale.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DecreaseInNetDefinedBenefitLiabilityResultingFromReclassificationToLiabilitiesHeldForSale</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_EmployeeBenefitsExchangeRateFromForeignSubsidiaries">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of gain (loss) on exchange rate changes from post employment benefits.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_EmployeeBenefitsExchangeRateFromForeignSubsidiaries</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_PostEmploymentBenefitExpenseInProfitOrLossFromContinuingOperationsDefinedBenefitPlans">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of post-employment benefit expense included in profit or loss from continuing operations, relating to defined benefit plans.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_PostEmploymentBenefitExpenseInProfitOrLossFromContinuingOperationsDefinedBenefitPlans</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_PostEmploymentBenefitExpenseInProfitOrLossFromDiscontinuedOperationsDefinedBenefitPlans">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of post-employment benefit expense included in profit or loss from discontinued operations, relating to defined benefit plans.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_PostEmploymentBenefitExpenseInProfitOrLossFromDiscontinuedOperationsDefinedBenefitPlans</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>189
<FILENAME>R160.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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							e.nextSibling.style.display='block';
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</head>
<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147277168360">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Employee Benefits and Private Pension Plan - Post-employment benefit expense (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PostemploymentBenefitExpenseDefinedBenefitPlans', window );">Employee benefit expense</a></td>
<td class="nump">R$ 15,585<span></span>
</td>
<td class="nump">R$ 11,622<span></span>
</td>
<td class="nump">R$ 9,892<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=ugp_HealthAndDentalCareMember', window );">Health and dental care plan [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PostemploymentBenefitExpenseDefinedBenefitPlans', window );">Employee benefit expense</a></td>
<td class="nump">15,265<span></span>
</td>
<td class="nump">11,127<span></span>
</td>
<td class="nump">10,442<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=ugp_IndemnificationOfFGTSMember', window );">Indemnification of FGTS [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PostemploymentBenefitExpenseDefinedBenefitPlans', window );">Employee benefit expense</a></td>
<td class="nump">4,409<span></span>
</td>
<td class="nump">6,199<span></span>
</td>
<td class="nump">5,423<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=ugp_SeniorityBonusMember', window );">Seniority bonus [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PostemploymentBenefitExpenseDefinedBenefitPlans', window );">Employee benefit expense</a></td>
<td class="nump">4,886<span></span>
</td>
<td class="nump">6,821<span></span>
</td>
<td class="nump">3,580<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=ugp_LifeInsuranceMember', window );">Life insurance [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PostemploymentBenefitExpenseDefinedBenefitPlans', window );">Employee benefit expense</a></td>
<td class="nump">R$ 797<span></span>
</td>
<td class="nump">R$ 1,117<span></span>
</td>
<td class="nump">R$ 1,293<span></span>
</td>
</tr>
</table>
<div style="display: none;">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDefinedBenefitPlansLineItems</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PostemploymentBenefitExpenseDefinedBenefitPlans">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of post-employment benefit expense included in profit or loss relating to defined benefit plans. [Refer: Profit (loss); Defined benefit plans [member]] [Contrast: Increase (decrease) in net defined benefit liability (asset) resulting from expense (income) in profit or loss]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2021-01-01<br> -Paragraph 5<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_5&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2021-01-01<br> -Paragraph 135<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_135_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PostemploymentBenefitExpenseDefinedBenefitPlans</td>
</tr>
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</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DefinedBenefitPlansAxis=ugp_HealthAndDentalCareMember">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
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<td><strong> Name:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DefinedBenefitPlansAxis=ugp_IndemnificationOfFGTSMember</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DefinedBenefitPlansAxis=ugp_SeniorityBonusMember</td>
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<tr>
<td><strong> Name:</strong></td>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147278125832">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Employee Benefits and Private Pension Plan - Significant actuarial assumptions adopted (Detail)<br></strong></div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutDefinedBenefitPlansAbstract', window );"><strong>Employee benefits and private pension plan</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionOfDiscountRates', window );">Discount rate for the actuarial obligation at present value</a></td>
<td class="nump">8.93%<span></span>
</td>
<td class="nump">8.22%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases', window );">Average projected salary growth rate</a></td>
<td class="nump">7.07%<span></span>
</td>
<td class="nump">7.07%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflation', window );">Inflation rate (long term)</a></td>
<td class="nump">3.25%<span></span>
</td>
<td class="nump">3.25%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionOfMedicalCostTrendRates', window );">Growth rate of medical services</a></td>
<td class="nump">7.38%<span></span>
</td>
<td class="nump">7.38%<span></span>
</td>
</tr>
</table>
<div style="display: none;">
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The discount rate used as the significant actuarial assumption to determine the present value of a defined benefit obligation. [Refer: Defined benefit obligation, at present value; Actuarial assumptions [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2021-01-01<br> -Paragraph 144<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_144&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ActuarialAssumptionOfDiscountRates</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The expected rate of inflation that is used as a significant actuarial assumption to determine the present value of a defined benefit obligation. [Refer: Defined benefit plans [member]; Defined benefit obligation, at present value; Actuarial assumptions [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2021-01-01<br> -Paragraph 144<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_144&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflation</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The expected rate of salary increases used as a significant actuarial assumption to determine the present value of a defined benefit obligation. [Refer: Defined benefit plans [member]; Defined benefit obligation, at present value; Actuarial assumptions [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2021-01-01<br> -Paragraph 144<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_144&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases</td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Medical cost trend rate used as significant actuarial assumption to determine the present value of a defined benefit obligation. [Refer: Defined benefit obligation, at present value; Actuarial assumptions [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2021-01-01<br> -Paragraph 144<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_144&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ActuarialAssumptionOfMedicalCostTrendRates</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfInformationAboutDefinedBenefitPlansAbstract</td>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>191
<FILENAME>R162.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147300746552">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Employee Benefits and Private Pension Plan - Sensitivity analysis (Detail)<br> R$ in Thousands</strong></div></th>
<th class="th">
<div>Dec. 31, 2021 </div>
<div>BRL (R$)</div>
</th>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionsAxis=ifrs-full_ActuarialAssumptionOfDiscountRatesMember', window );">Discount rate [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PercentageOfReasonablyPossibleDecreaseInActuarialAssumption', window );">Change in assumptions</a></td>
<td class="nump">1.00%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption', window );">Decrease in liability</a></td>
<td class="nump">R$ 24,196<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PercentageOfReasonablyPossibleIncreaseInActuarialAssumption', window );">Change in assumptions</a></td>
<td class="nump">1.00%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption', window );">Increase in liability</a></td>
<td class="nump">R$ 24,293<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionsAxis=ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember', window );">Wage growth rate [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PercentageOfReasonablyPossibleDecreaseInActuarialAssumption', window );">Change in assumptions</a></td>
<td class="nump">1.00%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption', window );">Decrease in liability</a></td>
<td class="nump">R$ 3,002<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PercentageOfReasonablyPossibleIncreaseInActuarialAssumption', window );">Change in assumptions</a></td>
<td class="nump">1.00%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption', window );">Increase in liability</a></td>
<td class="nump">R$ 2,258<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionsAxis=ifrs-full_ActuarialAssumptionOfMedicalCostTrendRatesMember', window );">Medical services growth rate [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PercentageOfReasonablyPossibleDecreaseInActuarialAssumption', window );">Change in assumptions</a></td>
<td class="nump">1.00%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption', window );">Decrease in liability</a></td>
<td class="nump">R$ 19,218<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PercentageOfReasonablyPossibleIncreaseInActuarialAssumption', window );">Change in assumptions</a></td>
<td class="nump">1.00%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption', window );">Increase in liability</a></td>
<td class="nump">R$ 23,522<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDefinedBenefitPlansLineItems</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in a defined benefit obligation that would have been caused by a decrease in a significant actuarial assumption that was reasonably possible at the end of the reporting period. [Refer: Actuarial assumptions [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2021-01-01<br> -Paragraph 145<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_145_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in a defined benefit obligation that would have been caused by an increase in a significant actuarial assumption that was reasonably possible at the end of the reporting period. [Refer: Actuarial assumptions [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2021-01-01<br> -Paragraph 145<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_145_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The reasonably possible percentage of the decrease in the actuarial assumption used to determine the present value of defined benefit obligation. [Refer: Actuarial assumptions [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2021-01-01<br> -Paragraph 145<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_145_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PercentageOfReasonablyPossibleDecreaseInActuarialAssumption</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The reasonably possible percentage of the increase in the actuarial assumption used to determine the present value of defined benefit obligation. [Refer: Actuarial assumptions [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2021-01-01<br> -Paragraph 145<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_145_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PercentageOfReasonablyPossibleIncreaseInActuarialAssumption</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ActuarialAssumptionsAxis=ifrs-full_ActuarialAssumptionOfDiscountRatesMember</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ActuarialAssumptionsAxis=ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ActuarialAssumptionsAxis=ifrs-full_ActuarialAssumptionOfMedicalCostTrendRatesMember</td>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>192
<FILENAME>R163.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147300219144">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Provision for Asset Retirement Obligation - Fuel Tanks - Changes in the provision for asset retirement obligation (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOtherProvisionsLineItems', window );"><strong>Disclosure of other provisions [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherProvisions', window );">Beginning balance</a></td>
<td class="nump">R$ 898,045<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionalProvisionsOtherProvisions', window );">Additions (new tanks)</a></td>
<td class="nump">188,794<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProvisionUsedOtherProvisions', window );">Expenditure with tanks removed</a></td>
<td class="num">(25,184)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions', window );">Accretion expense</a></td>
<td class="nump">15,608<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherProvisions', window );">Ending Balance</a></td>
<td class="nump">932,185<span></span>
</td>
<td class="nump">R$ 898,045<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=ugp_ProvisionForAssetRetirementObligationMember', window );">Asset Retirement Obligation [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOtherProvisionsLineItems', window );"><strong>Disclosure of other provisions [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherProvisions', window );">Beginning balance</a></td>
<td class="nump">53,435<span></span>
</td>
<td class="nump">51,242<span></span>
</td>
<td class="nump">R$ 54,667<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionalProvisionsOtherProvisions', window );">Additions (new tanks)</a></td>
<td class="nump">451<span></span>
</td>
<td class="nump">163<span></span>
</td>
<td class="nump">290<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProvisionUsedOtherProvisions', window );">Expenditure with tanks removed</a></td>
<td class="num">(2,773)<span></span>
</td>
<td class="num">(4,306)<span></span>
</td>
<td class="num">(5,456)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions', window );">Accretion expense</a></td>
<td class="nump">5,598<span></span>
</td>
<td class="nump">6,336<span></span>
</td>
<td class="nump">1,741<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherProvisions', window );">Ending Balance</a></td>
<td class="nump">56,711<span></span>
</td>
<td class="nump">R$ 53,435<span></span>
</td>
<td class="nump">R$ 51,242<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherShorttermProvisions', window );">Current</a></td>
<td class="nump">4,632<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherLongtermProvisions', window );">Non-current</a></td>
<td class="nump">R$ 52,079<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdditionalProvisionsOtherProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of additional other provisions made. [Refer: Other provisions]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 37<br> -IssueDate 2021-01-01<br> -Paragraph 84<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=37&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_84_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdditionalProvisionsOtherProvisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfOtherProvisionsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfOtherProvisionsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase in other provisions through adjustments arising from the passage of time. [Refer: Other provisions]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 37<br> -IssueDate 2021-01-01<br> -Paragraph 84<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=37&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_84_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherLongtermProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current provisions other than provisions for employee benefits. [Refer: Non-current provisions]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_d&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherLongtermProvisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of provisions other than provisions for employee benefits. [Refer: Provisions]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 37<br> -IssueDate 2021-01-01<br> -Paragraph 84<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=37&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_84_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_d&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherProvisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
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</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherShorttermProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current provisions other than provisions for employee benefits. [Refer: Provisions]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_d&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherShorttermProvisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProvisionUsedOtherProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount used (ie incurred and charged against the provision) for other provisions. [Refer: Other provisions]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 37<br> -IssueDate 2021-01-01<br> -Paragraph 84<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=37&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_84_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProvisionUsedOtherProvisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=ugp_ProvisionForAssetRetirementObligationMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=ugp_ProvisionForAssetRetirementObligationMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>193
<FILENAME>R164.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147274256920">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Provisions and Contingencies - Breakdown of provisions by nature (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOtherProvisionsLineItems', window );"><strong>Disclosure of other provisions [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherProvisions', window );">Beginning balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 898,045<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionalProvisionsOtherProvisions', window );">Additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">188,794<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UnusedProvisionReversedOtherProvisions', window );">Reversals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(106,093)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProvisionUsedOtherProvisions', window );">Payments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(25,184)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions', window );">Interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">15,608<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughTransferToLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleOtherProvisions', window );">Reclassification to liabilities held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(38,985)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherProvisions', window );">Ending Balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">932,185<span></span>
</td>
<td class="nump">R$ 898,045<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShorttermLegalProceedingsProvision', window );">Current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">119,942<span></span>
</td>
<td class="nump">43,660<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LongtermLegalProceedingsProvision', window );">Non-current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">812,243<span></span>
</td>
<td class="nump">854,385<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=ugp_IrpjAndCsllMember', window );">IRPJ and CSLL [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOtherProvisionsLineItems', window );"><strong>Disclosure of other provisions [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherProvisions', window );">Beginning balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">547,862<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionalProvisionsOtherProvisions', window );">Additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UnusedProvisionReversedOtherProvisions', window );">Reversals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(6,966)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProvisionUsedOtherProvisions', window );">Payments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions', window );">Interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">11,276<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughTransferToLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleOtherProvisions', window );">Reclassification to liabilities held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherProvisions', window );">Ending Balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">552,172<span></span>
</td>
<td class="nump">547,862<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=ugp_ICMSMember', window );">ICMS [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOtherProvisionsLineItems', window );"><strong>Disclosure of other provisions [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherProvisions', window );">Beginning balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">108,568<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionalProvisionsOtherProvisions', window );">Additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">58,839<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UnusedProvisionReversedOtherProvisions', window );">Reversals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(83,536)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProvisionUsedOtherProvisions', window );">Payments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions', window );">Interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">284<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughTransferToLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleOtherProvisions', window );">Reclassification to liabilities held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherProvisions', window );">Ending Balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">84,155<span></span>
</td>
<td class="nump">108,568<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=ugp_CivilEnvironmentalAndRegulatoryClaimsMember', window );">Civil, environmental and regulatory claims [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOtherProvisionsLineItems', window );"><strong>Disclosure of other provisions [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherProvisions', window );">Beginning balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">57,772<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionalProvisionsOtherProvisions', window );">Additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">87,066<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UnusedProvisionReversedOtherProvisions', window );">Reversals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(9,702)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProvisionUsedOtherProvisions', window );">Payments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(8,116)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions', window );">Interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">724<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughTransferToLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleOtherProvisions', window );">Reclassification to liabilities held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(18,983)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherProvisions', window );">Ending Balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">108,761<span></span>
</td>
<td class="nump">57,772<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=ugp_LaborLitigationMember', window );">Labor litigation [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOtherProvisionsLineItems', window );"><strong>Disclosure of other provisions [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherProvisions', window );">Beginning balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">90,675<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionalProvisionsOtherProvisions', window );">Additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">42,826<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UnusedProvisionReversedOtherProvisions', window );">Reversals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(4,432)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProvisionUsedOtherProvisions', window );">Payments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(17,068)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions', window );">Interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,620<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughTransferToLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleOtherProvisions', window );">Reclassification to liabilities held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(19,161)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherProvisions', window );">Ending Balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">95,460<span></span>
</td>
<td class="nump">90,675<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=ifrs-full_MiscellaneousOtherProvisionsMember', window );">Others [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOtherProvisionsLineItems', window );"><strong>Disclosure of other provisions [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherProvisions', window );">Beginning balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">93,168<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionalProvisionsOtherProvisions', window );">Additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">63<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UnusedProvisionReversedOtherProvisions', window );">Reversals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,457)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProvisionUsedOtherProvisions', window );">Payments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions', window );">Interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">704<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughTransferToLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleOtherProvisions', window );">Reclassification to liabilities held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(841)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherProvisions', window );">Ending Balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 91,637<span></span>
</td>
<td class="nump">R$ 93,168<span></span>
</td>
</tr>
<tr><td colspan="3"></td></tr>
<tr><td colspan="3"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top"><span style="border-right: none; border-left: none;">For further information see Note <span style="border-left: none; border-right: none;">3</span></span><span style="border-right: none; border-left: none;"><span style="font-family: 'Times New Roman';">.c.<span style="border-left: none; border-right: none;">1</span></span><span style="font-family: 'Times New Roman';">.</span></span></td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdditionalProvisionsOtherProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of additional other provisions made. [Refer: Other provisions]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 37<br> -IssueDate 2021-01-01<br> -Paragraph 84<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=37&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_84_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdditionalProvisionsOtherProvisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DecreaseThroughTransferToLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleOtherProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The decrease in other provisions resulting from the transfer of those provisions to liabilities included in disposal groups classified as held for sale. [Refer: Other provisions; Disposal groups classified as held for sale [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 37<br> -IssueDate 2021-01-01<br> -Paragraph 84<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=37&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_84&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DecreaseThroughTransferToLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleOtherProvisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfOtherProvisionsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfOtherProvisionsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase in other provisions through adjustments arising from the passage of time. [Refer: Other provisions]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 37<br> -IssueDate 2021-01-01<br> -Paragraph 84<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=37&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_84_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LongtermLegalProceedingsProvision">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current provision for legal proceedings. [Refer: Legal proceedings provision]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 37<br> -IssueDate 2021-01-01<br> -Section Example 10 A court case<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=37&amp;code=ifrs-tx-2021-en-r&amp;doctype=Illustrative%20Examples&amp;dita_xref=IAS37_IE_C_ex10__IAS37_IE_C_ex10_TI<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 37<br> -IssueDate 2021-01-01<br> -Paragraph 87<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=37&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_87&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LongtermLegalProceedingsProvision</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of provisions other than provisions for employee benefits. [Refer: Provisions]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 37<br> -IssueDate 2021-01-01<br> -Paragraph 84<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=37&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_84_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_d&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherProvisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProvisionUsedOtherProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount used (ie incurred and charged against the provision) for other provisions. [Refer: Other provisions]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 37<br> -IssueDate 2021-01-01<br> -Paragraph 84<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=37&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_84_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProvisionUsedOtherProvisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ShorttermLegalProceedingsProvision">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current provision for legal proceedings. [Refer: Legal proceedings provision]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 37<br> -IssueDate 2021-01-01<br> -Section Example 10 A court case<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=37&amp;code=ifrs-tx-2021-en-r&amp;doctype=Illustrative%20Examples&amp;dita_xref=IAS37_IE_C_ex10__IAS37_IE_C_ex10_TI<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 37<br> -IssueDate 2021-01-01<br> -Paragraph 87<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=37&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_87&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ShorttermLegalProceedingsProvision</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_UnusedProvisionReversedOtherProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount reversed for unused other provisions. [Refer: Other provisions]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 37<br> -IssueDate 2021-01-01<br> -Paragraph 84<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=37&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_84_d&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_UnusedProvisionReversedOtherProvisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=ugp_IrpjAndCsllMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=ugp_IrpjAndCsllMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=ugp_ICMSMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=ugp_ICMSMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=ugp_CivilEnvironmentalAndRegulatoryClaimsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=ugp_CivilEnvironmentalAndRegulatoryClaimsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=ugp_LaborLitigationMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=ugp_LaborLitigationMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=ifrs-full_MiscellaneousOtherProvisionsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=ifrs-full_MiscellaneousOtherProvisionsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>194
<FILENAME>R165.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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</head>
<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147272931544">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Provisions and Contingencies - Balances of escrow deposits (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOtherProvisionsLineItems', window );"><strong>Disclosure of other provisions [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LongtermDeposits', window );">Total - non-current assets</a></td>
<td class="nump">R$ 871,261<span></span>
</td>
<td class="nump">R$ 949,796<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=ugp_TaxMattersMember', window );">Tax matters [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOtherProvisionsLineItems', window );"><strong>Disclosure of other provisions [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LongtermDeposits', window );">Total - non-current assets</a></td>
<td class="nump">731,326<span></span>
</td>
<td class="nump">789,624<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=ugp_LaborLitigationMember', window );">Labor litigation [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOtherProvisionsLineItems', window );"><strong>Disclosure of other provisions [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LongtermDeposits', window );">Total - non-current assets</a></td>
<td class="nump">48,147<span></span>
</td>
<td class="nump">57,603<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=ugp_CivilEnvironmentalAndRegulatoryClaimsMember', window );">Civil and other [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOtherProvisionsLineItems', window );"><strong>Disclosure of other provisions [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LongtermDeposits', window );">Total - non-current assets</a></td>
<td class="nump">R$ 91,788<span></span>
</td>
<td class="nump">R$ 102,569<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfOtherProvisionsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfOtherProvisionsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LongtermDeposits">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of long-term deposits held by the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LongtermDeposits</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=ugp_TaxMattersMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=ugp_TaxMattersMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=ugp_LaborLitigationMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=ugp_LaborLitigationMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=ugp_CivilEnvironmentalAndRegulatoryClaimsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=ugp_CivilEnvironmentalAndRegulatoryClaimsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>195
<FILENAME>R166.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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</head>
<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147273341000">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Provisions and Contingencies - Additional information (Detail)<br></strong></div></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="3">12 Months Ended</th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th">
<div>Apr. 16, 2021 </div>
<div>BRL (R$)</div>
</th>
<th class="th">
<div>May 15, 2019 </div>
<div>BRL (R$)</div>
</th>
<th class="th">
<div>Dec. 31, 2021 </div>
<div>BRL (R$)</div>
</th>
<th class="th">
<div>Dec. 31, 2020 </div>
<div>BRL (R$) </div>
<div>Item</div>
</th>
<th class="th">
<div>Dec. 31, 2019 </div>
<div>BRL (R$)</div>
</th>
<th class="th">
<div>Dec. 01, 2021 </div>
<div>BRL (R$)</div>
</th>
<th class="th">
<div>Dec. 01, 2020 </div>
<div>BRL (R$)</div>
</th>
<th class="th">
<div>Dec. 01, 2017 </div>
<div>BRL (R$)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfContingentLiabilitiesLineItems', window );"><strong>Disclosure of contingent liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_EscrowDepositsMadeUnderPreLiminaryInjunction', window );">Escrow deposits made under preliminary injunction</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 534,830,000<span></span>
</td>
<td class="nump">R$ 523,136,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ProvisionsForLawsuitsAndAdministrativeProceedings', window );">Provisions for lawsuits and administrative proceedings</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">108,761,000<span></span>
</td>
<td class="nump">57,772,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ProvisionsForLaborLitigationFiledByFormerEmployees', window );">Provisions for labor litigation filed by former employees</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">95,460,000<span></span>
</td>
<td class="nump">90,675,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_PossibleContingency', window );">Possible contingency</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">3,310,603,000<span></span>
</td>
<td class="nump">3,236,982,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ContingentLiabilitiesForTaxMattersAndSocialSecurity', window );">Contingent liabilities for tax matters and social security</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2,292,465,000<span></span>
</td>
<td class="nump">2,419,000,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IpiContingency', window );">IPIContingency</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">178,422,000<span></span>
</td>
<td class="nump">176,390,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LegalProceedingsRelatedToIcms', window );">Legal Proceedings Related To Icms</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,303,383,000<span></span>
</td>
<td class="nump">958,134<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IcmsCredits', window );">ICMS credits</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">209,611,000<span></span>
</td>
<td class="nump">300,707,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ReversalOfICMSCredits', window );">Reversal of ICMS credits</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">15,532,000<span></span>
</td>
<td class="nump">92,687,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ReversalOfAllegedNonpayment', window );">Reversal of alleged non-payment</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">106,590,000<span></span>
</td>
<td class="nump">98,157,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ReversalOfInventoryDifferences', window );">Reversal of inventory differences</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">295,163,000<span></span>
</td>
<td class="nump">269,581,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ReversalOfConditionedFruitionOfFiscalIncentive', window );">Reversal of conditioned fruition of fiscal incentive</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">174,039,000<span></span>
</td>
<td class="nump">119,894,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OffsetClaimsAndCreditDisallowances', window );">Offset claims and credit dis-allowances</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">578,097,000<span></span>
</td>
<td class="nump">709,338,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmortizationOfGoodwillPaidOnAcquisitionOfSubsidiary', window );">Amortization of goodwill paid on acquisition of subsidiary</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">218,589,000<span></span>
</td>
<td class="nump">212,350,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ContingentLiabilitiesForCivilEnvironmentalAndRegulatoryClaims', window );">Contingent liabilities for civil, environmental and regulatory claims</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">771,695,000<span></span>
</td>
<td class="nump">561,713,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_PenaltyOnUltragaz', window );">Penalty on Ultragaz</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">34,162,000<span></span>
</td>
<td class="nump">33,895,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ContingentLiabilitiesNotRecognizedToLawsuit', window );">Contingent liabilities not recognized to lawsuits</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2,022,000<span></span>
</td>
<td class="nump">4,428,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ContingentLiabilitiesForLaborMatters', window );">Contingent liabilities for labor matters</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">246,443,000<span></span>
</td>
<td class="nump">256,269,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CompensationSuitAgainstDamages', window );">Compensation suit against damages</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 67,539,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_CounterpartyNameAxis=ugp_FisheriesManagementProjectMember', window );">Fisheries management project [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfContingentLiabilitiesLineItems', window );"><strong>Disclosure of contingent liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CompensationPaidToParty', window );">Compensation amount paid</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">13,000,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_SubsidiaryIPPMember', window );">Subsidiary IPP [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfContingentLiabilitiesLineItems', window );"><strong>Disclosure of contingent liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_PenaltyOnAdministrativeProceedings', window );">Penalty on administrative proceedings</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 8,187,000<span></span>
</td>
<td class="nump">R$ 40,693,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_FruitionTaxExpensesBenefitsRelatedToFiscalEquilibriumFund', window );">Fruition tax expenses (benefits) related to fiscal equilibrium fund</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 59,128,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SurchargeRateOnNonEssentialProducts', window );">Surcharge rate on non-essential products</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SurchargeOnNonEssentialProducts', window );">Surcharge on non-essential products</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 219,218,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NumberOfFinesReceived', window );">Number of fines received | Item</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_CiaUltragazMember', window );">Cia Ultragaz [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfContingentLiabilitiesLineItems', window );"><strong>Disclosure of contingent liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ContingentLiabilitiesForCivilEnvironmentalAndRegulatoryClaims', window );">Contingent liabilities for civil, environmental and regulatory claims</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 233,426,000<span></span>
</td>
<td class="nump">R$ 186,381,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember', window );">Bottom of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfContingentLiabilitiesLineItems', window );"><strong>Disclosure of contingent liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_PercentageOfPossibleLossContingency', window );">Percentage of possible loss contingency</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">25.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember', window );">Top of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfContingentLiabilitiesLineItems', window );"><strong>Disclosure of contingent liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_PercentageOfPossibleLossContingency', window );">Percentage of possible loss contingency</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">50.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=ugp_ChevronAndSubsidiaryIPPMember', window );">Chevron and subsidiary IPP [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfContingentLiabilitiesLineItems', window );"><strong>Disclosure of contingent liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ContingentLiabilitiesForCivilEnvironmentalAndRegulatoryClaims', window );">Contingent liabilities for civil, environmental and regulatory claims</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 285,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LegalProceedingsProvision', window );">Liability provisions</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">19,724,000<span></span>
</td>
<td class="nump">R$ 101,663,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 101,267,000<span></span>
</td>
<td class="nump">R$ 102,777,000<span></span>
</td>
<td class="nump">R$ 198,900,000<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ContingentLiabilitiesForLaborMatters', window );">Contingent liabilities for labor matters</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2,207,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_PaymentsForIcmsTaxAssessment', window );">Payments for ICMS tax assessment</a></td>
<td class="nump">R$ 81,060,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ContingentLiabilitiesForTaxAssessmentsOnSales', window );">Contingent liabilities for tax assessments on sales</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 17,231,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfContingentLiabilitiesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfContingentLiabilitiesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LegalProceedingsProvision">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of provision for legal proceedings. [Refer: Other provisions]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 37<br> -IssueDate 2021-01-01<br> -Section Example 10 A court case<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=37&amp;code=ifrs-tx-2021-en-r&amp;doctype=Illustrative%20Examples&amp;dita_xref=IAS37_IE_C_ex10__IAS37_IE_C_ex10_TI<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 37<br> -IssueDate 2021-01-01<br> -Paragraph 87<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=37&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_87&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LegalProceedingsProvision</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AmortizationOfGoodwillPaidOnAcquisitionOfSubsidiary">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of amortization of goodwill paid on acquisition of subsidiary for contingent liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AmortizationOfGoodwillPaidOnAcquisitionOfSubsidiary</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_CompensationPaidToParty">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of compensation paid for contingent liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_CompensationPaidToParty</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_CompensationSuitAgainstDamages">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of compensation suit against damages for contingent liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_CompensationSuitAgainstDamages</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ContingentLiabilitiesForCivilEnvironmentalAndRegulatoryClaims">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of contingent liabilities for civil environmental and regulatory claims.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ContingentLiabilitiesForCivilEnvironmentalAndRegulatoryClaims</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ContingentLiabilitiesForLaborMatters">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of contingent liabilities for labor matters.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ContingentLiabilitiesForLaborMatters</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ContingentLiabilitiesForTaxAssessmentsOnSales">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of contingent liabilities for ICMS tax assessments on sales.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ContingentLiabilitiesForTaxAssessmentsOnSales</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ContingentLiabilitiesForTaxMattersAndSocialSecurity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of contingent liabilities for tax matters and social security.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ContingentLiabilitiesForTaxMattersAndSocialSecurity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ContingentLiabilitiesNotRecognizedToLawsuit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of contingent liabilities not recognized to lawsuit.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ContingentLiabilitiesNotRecognizedToLawsuit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_EscrowDepositsMadeUnderPreLiminaryInjunction">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of escrow deposits made under preliminary injunction.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_EscrowDepositsMadeUnderPreLiminaryInjunction</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_FruitionTaxExpensesBenefitsRelatedToFiscalEquilibriumFund">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of fruition tax expenses (benefits) related to fiscal equilibrium fund for tax contingencies.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_FruitionTaxExpensesBenefitsRelatedToFiscalEquilibriumFund</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_IcmsCredits">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of Icms credits for contingent liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_IcmsCredits</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_IpiContingency">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of IPI contingency.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_IpiContingency</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_LegalProceedingsRelatedToIcms">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of legal proceedings related to Icms for contingent liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_LegalProceedingsRelatedToIcms</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_NumberOfFinesReceived">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of fines received for contingent liabilities for civil, environmental and regulatory claims.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_NumberOfFinesReceived</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:integerItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_OffsetClaimsAndCreditDisallowances">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of offset claims and credit disallowances.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_OffsetClaimsAndCreditDisallowances</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_PaymentsForIcmsTaxAssessment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for payments of ICMS tax assessment through tax amnesty program.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_PaymentsForIcmsTaxAssessment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_PenaltyOnAdministrativeProceedings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of penalty on administrative proceedings for contingent liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_PenaltyOnAdministrativeProceedings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_PenaltyOnUltragaz">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of penalty on ultragaz for contingent liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_PenaltyOnUltragaz</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_PercentageOfPossibleLossContingency">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The percentage of possible loss contingency for contingent liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_PercentageOfPossibleLossContingency</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_PossibleContingency">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of possible loss contingency for contingent liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_PossibleContingency</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ProvisionsForLaborLitigationFiledByFormerEmployees">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of provisions for labor litigation filed by former employees.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ProvisionsForLaborLitigationFiledByFormerEmployees</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ProvisionsForLawsuitsAndAdministrativeProceedings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of provisions for lawsuits and administrative proceedings.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ProvisionsForLawsuitsAndAdministrativeProceedings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ReversalOfAllegedNonpayment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The reversal amount of alleged non-payment for contingent liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ReversalOfAllegedNonpayment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ReversalOfConditionedFruitionOfFiscalIncentive">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The reversal amount of conditioned fruition of fiscal incentive for contingent liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ReversalOfConditionedFruitionOfFiscalIncentive</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ReversalOfICMSCredits">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The reversal amount of ICMS credits for contingent liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ReversalOfICMSCredits</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ReversalOfInventoryDifferences">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The reversal amount of inventory differences for contingent liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ReversalOfInventoryDifferences</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_SurchargeOnNonEssentialProducts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of surcharge duty on non-essential products for tax contingencies.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_SurchargeOnNonEssentialProducts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_SurchargeRateOnNonEssentialProducts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The percentage of surcharge rate on non-essential products for tax contingencies.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_SurchargeRateOnNonEssentialProducts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CounterpartyNameAxis=ugp_FisheriesManagementProjectMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CounterpartyNameAxis=ugp_FisheriesManagementProjectMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_SubsidiaryIPPMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_SubsidiaryIPPMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_CiaUltragazMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_CiaUltragazMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=ugp_ChevronAndSubsidiaryIPPMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=ugp_ChevronAndSubsidiaryIPPMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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</html>
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</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>196
<FILENAME>R167.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147283607608">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Deferred Revenue - Deferred revenue in subsidiaries (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfDeferredRevenueLineItems', window );"><strong>Summary of deferred revenue [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredIncomeIncludingContractLiabilities', window );">Deferred income</a></td>
<td class="nump">R$ 5,625<span></span>
</td>
<td class="nump">R$ 18,282<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentDeferredIncomeIncludingCurrentContractLiabilities', window );">Current</a></td>
<td class="nump">5,625<span></span>
</td>
<td class="nump">18,282<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DeferredRevenueAxis=ugp_FranchisingUpfrontFeeMember', window );">&#8216;am/pm&#8217; and Jet Oil franchising upfront fee [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfDeferredRevenueLineItems', window );"><strong>Summary of deferred revenue [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredIncomeIncludingContractLiabilities', window );">Deferred income</a></td>
<td class="nump">420<span></span>
</td>
<td class="nump">814<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DeferredRevenueAxis=ugp_LoyaltyProgramOneMember', window );">Loyalty program &#8220;Km de Vantagens&#8221; [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfDeferredRevenueLineItems', window );"><strong>Summary of deferred revenue [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredIncomeIncludingContractLiabilities', window );">Deferred income</a></td>
<td class="nump">5,205<span></span>
</td>
<td class="nump">15,424<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DeferredRevenueAxis=ugp_LoyaltyProgramTwoMember', window );">Loyalty program &#8220;Clube Extrafarma&#8221; [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfDeferredRevenueLineItems', window );"><strong>Summary of deferred revenue [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredIncomeIncludingContractLiabilities', window );">Deferred income</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">R$ 2,044<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentDeferredIncomeIncludingCurrentContractLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current deferred income including current contract liabilities. [Refer: Deferred income including contract liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentDeferredIncomeIncludingCurrentContractLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DeferredIncomeIncludingContractLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities representing income that has been received (or the amount is due) but is not yet earned, including contract liabilities. [Refer: Contract liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DeferredIncomeIncludingContractLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_SummaryOfDeferredRevenueLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Summary of deferred revenue.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_SummaryOfDeferredRevenueLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DeferredRevenueAxis=ugp_FranchisingUpfrontFeeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DeferredRevenueAxis=ugp_FranchisingUpfrontFeeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DeferredRevenueAxis=ugp_LoyaltyProgramOneMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DeferredRevenueAxis=ugp_LoyaltyProgramOneMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DeferredRevenueAxis=ugp_LoyaltyProgramTwoMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DeferredRevenueAxis=ugp_LoyaltyProgramTwoMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>197
<FILENAME>R168.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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</head>
<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147300198264">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Deferred Revenue - Additional Information (Detail)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th">
<div>Dec. 31, 2021 </div>
<div>BRL (R$) </div>
<div>Store</div>
</th>
<th class="th">
<div>Dec. 31, 2020 </div>
<div>Store</div>
</th>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_ExtrafarmaMember', window );">Extrafarma [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfDeferredRevenueLineItems', window );"><strong>Summary of deferred revenue [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ExchangePeriodOfLoyaltyProgramPointsForCustomers', window );">Exchange period of loyalty program points for customers</a></td>
<td class="text">6 months<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DeferredRevenueReclassifiedToALiabilityHeldForSale', window );">Deferred revenue reclassified to a liability held for sale | R$</a></td>
<td class="nump">R$ 927<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProductsAndServicesAxis=ugp_AmPmMember', window );">am/pm [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfDeferredRevenueLineItems', window );"><strong>Summary of deferred revenue [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NumberOfStoresWhichHaveNotYetMetPerformanceRequirements', window );">Number of stores which have not yet met performance requirements</a></td>
<td class="nump">8<span></span>
</td>
<td class="nump">20<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NumberOfStores1', window );">Number of stores</a></td>
<td class="nump">90<span></span>
</td>
<td class="nump">58<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProductsAndServicesAxis=ugp_JetOilMember', window );">Jet Oil [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfDeferredRevenueLineItems', window );"><strong>Summary of deferred revenue [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NumberOfStoresWhichHaveNotYetMetPerformanceRequirements', window );">Number of stores which have not yet met performance requirements</a></td>
<td class="nump">8<span></span>
</td>
<td class="nump">4<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NumberOfStores1', window );">Number of stores</a></td>
<td class="nump">45<span></span>
</td>
<td class="nump">45<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DeferredRevenueReclassifiedToALiabilityHeldForSale">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of deferred revenue is reclassified as a liability as held for sale.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DeferredRevenueReclassifiedToALiabilityHeldForSale</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ExchangePeriodOfLoyaltyProgramPointsForCustomers">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The exchange period of loyalty program points for customers.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ExchangePeriodOfLoyaltyProgramPointsForCustomers</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_NumberOfStores1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of stores.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_NumberOfStores1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:integerItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_NumberOfStoresWhichHaveNotYetMetPerformanceRequirements">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of stores which have not yet been met performance requirements.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_NumberOfStoresWhichHaveNotYetMetPerformanceRequirements</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:integerItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_SummaryOfDeferredRevenueLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Summary of deferred revenue.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_SummaryOfDeferredRevenueLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_ExtrafarmaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_ExtrafarmaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProductsAndServicesAxis=ugp_AmPmMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProductsAndServicesAxis=ugp_AmPmMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProductsAndServicesAxis=ugp_JetOilMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProductsAndServicesAxis=ugp_JetOilMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>198
<FILENAME>R169.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147282999176">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Subscription warrants - indemnification - Additional information (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Jan. 31, 2014</div></th>
<th class="th"><div>Feb. 23, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Aug. 11, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Aug. 12, 2020</div></th>
<th class="th"><div>Feb. 24, 2020</div></th>
<th class="th"><div>Feb. 19, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems', window );"><strong>Disclosure of non-adjusting events after reporting period [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SubscriptionWarrantsSharesIssued', window );">Subscription warrants shares issued</a></td>
<td class="nump">7<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_MaximumNumberOfSharesToBeIssuedSubscriptionWarrants', window );">Maximum number of shares to be issued - subscription warrants</a></td>
<td class="nump">6,411,244<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ExerciseOfWarrantsRightsOutstanding', window );">Rights outstanding</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">31,032<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">86,978<span></span>
</td>
<td class="nump">70,939<span></span>
</td>
<td class="nump">2,108,542<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NumberOfSharesCanceledAndNotIssuedWhichLinkedToSubscriptionWarrantsIndemnification', window );">Number of shares canceled and not issued which linked to subscription warrants &#8211; indemnification</a></td>
<td class="nump">578,538<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SubscriptionWarrantsShares', window );">Subscription warrants, shares</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">3,527,934<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SubscriptionWarrants', window );">Subscription warrants - indemnification</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 51,296<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 86,439<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis=ifrs-full_MajorOrdinaryShareTransactionsMember', window );">Major ordinary share transactions [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems', window );"><strong>Disclosure of non-adjusting events after reporting period [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ExerciseOfWarrantsRightsOutstanding', window );">Rights outstanding</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">43,925<span></span>
</td>
<td class="nump">2,297,491<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ExerciseOfWarrantsRightsOutstanding">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of warrants rights outstanding for exercise of the rights.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ExerciseOfWarrantsRightsOutstanding</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_MaximumNumberOfSharesToBeIssuedSubscriptionWarrants">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The maximum number of shares to be issued for subscription warrants.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_MaximumNumberOfSharesToBeIssuedSubscriptionWarrants</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_NumberOfSharesCanceledAndNotIssuedWhichLinkedToSubscriptionWarrantsIndemnification">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of shares were canceled and not issued which are linked to subscription warrants &#8211; indemnification according to association agreement.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_NumberOfSharesCanceledAndNotIssuedWhichLinkedToSubscriptionWarrantsIndemnification</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_SubscriptionWarrants">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of subscription warrants indemnification.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_SubscriptionWarrants</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_SubscriptionWarrantsShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of shares outstanding for subscription warrants.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_SubscriptionWarrantsShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_SubscriptionWarrantsSharesIssued">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of shares issued for subscription warrants.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_SubscriptionWarrantsSharesIssued</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis=ifrs-full_MajorOrdinaryShareTransactionsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NonadjustingEventsAfterReportingPeriodAxis=ifrs-full_MajorOrdinaryShareTransactionsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>199
<FILENAME>R170.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147275385480">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Equity - Additional Information (Detail) - BRL (R$)<br> R$ / shares in Units, R$ in Thousands</strong></div></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="3">12 Months Ended</th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>Aug. 11, 2021</div></th>
<th class="th"><div>Feb. 24, 2021</div></th>
<th class="th"><div>Aug. 12, 2020</div></th>
<th class="th"><div>Feb. 19, 2020</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Feb. 23, 2022</div></th>
<th class="th"><div>Feb. 24, 2020</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ExerciseOfWarrantsRightsOutstanding', window );">Rights outstanding</a></td>
<td class="nump">31,032<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">86,978<span></span>
</td>
<td class="nump">2,108,542<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">70,939<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughAcquisitionOfSubsidiary', window );">Increase in capital reserves</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 1,819<span></span>
</td>
<td class="nump">R$ 54,763<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Equity</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">10,469,240<span></span>
</td>
<td class="nump">9,910,265<span></span>
</td>
<td class="nump">R$ 9,835,175<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 9,800,029<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsPayable', window );">Dividends payable</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 479,748<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsRecognisedAsDistributionsToOwnersPerShare', window );">Dividends per share</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 0.44<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwners', window );">Proposed dividends payable</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 185,896<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwnersPerShare', window );">Proposed dividends payable per share</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 0.17<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LegalReserveAsPercentageOfNetIncome', window );">Legal reserve as percentage of net income</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">5.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ThresholdPercentageOfShareCapitalForLegalReserveAllocation', window );">Threshold Percentage of Share Capital for Legal Reserve Allocation</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">20.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LegalReserves', window );">Legal reserves</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 791,083<span></span>
</td>
<td class="nump">R$ 750,010<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_StatutoryReserveAsPercentageOfNetIncome', window );">Statutory reserve as percentage of net income</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">50.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ThresholdPercentageOfShareCapitalForInvestmentsReserveAllocation', window );">Threshold percentage of share capital for investments reserve allocation</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_InterimDividends', window );">Interim dividends, paid</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 218,074<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 217,382<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_InterimDividendsPerShare', window );">Interim dividends, paid per share</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 0.2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 0.2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis=ifrs-full_MajorOrdinaryShareTransactionsMember', window );">Major ordinary share transactions [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfSharesIssuedAndFullyPaid', window );">Subscribed and paid-in capital stock</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,115,151,608<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ExerciseOfWarrantsRightsOutstanding', window );">Rights outstanding</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2,297,491<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">43,925<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ComponentsOfEquityAxis=ifrs-full_TreasurySharesMember', window );">Treasury shares</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates', window );">Shares held in treasury</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">23,756,393<span></span>
</td>
<td class="nump">24,739,626<span></span>
</td>
<td class="nump">26,780,298<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TreasurySharesAveragePrice', window );">Average cost</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 18.13<span></span>
</td>
<td class="nump">R$ 19.77<span></span>
</td>
<td class="nump">R$ 18.12<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughAcquisitionOfSubsidiary', window );">Increase in capital reserves</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Equity</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(488,425)<span></span>
</td>
<td class="num">(489,068)<span></span>
</td>
<td class="num">R$ (485,383)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(485,383)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_InterimDividends', window );">Interim dividends, paid</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ComponentsOfEquityAxis=ifrs-full_CapitalReserveMember', window );">Capital reserve</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughAcquisitionOfSubsidiary', window );">Increase in capital reserves</a></td>
<td class="nump">R$ 448<span></span>
</td>
<td class="nump">R$ 1,371<span></span>
</td>
<td class="nump">R$ 1,691<span></span>
</td>
<td class="nump">R$ 53,072<span></span>
</td>
<td class="nump">1,819<span></span>
</td>
<td class="nump">54,763<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareIssueRelatedCost', window );">Incurred costs directly attributable to issuing new shares</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2,260<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Equity</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">596,481<span></span>
</td>
<td class="nump">594,049<span></span>
</td>
<td class="nump">542,400<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">542,400<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_InterimDividends', window );">Interim dividends, paid</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ComponentsOfEquityAxis=ifrs-full_CapitalReserveMember', window );">Capital reserve | Extrafarma [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughAcquisitionOfSubsidiary', window );">Increase in capital reserves</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">498,812<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ComponentsOfEquityAxis=ugp_InvestmentsStatutoryReserveMember', window );">Investments statutory reserve</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughAcquisitionOfSubsidiary', window );">Increase in capital reserves</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_RetentionOfProfitsAndInvestmentsReserve', window );">Retention of profits and investments reserve</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">4,073,876<span></span>
</td>
<td class="nump">3,658,265<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Equity</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">4,073,876<span></span>
</td>
<td class="nump">R$ 3,658,265<span></span>
</td>
<td class="nump">3,290,073<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 3,412,427<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_InterimDividends', window );">Interim dividends, paid</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfShareCapitalAxis=ifrs-full_OrdinarySharesMember', window );">Common shares [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfSharesIssuedAndFullyPaid', window );">Subscribed and paid-in capital stock</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,115,107,683<span></span>
</td>
<td class="nump">1,115,005,712<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ParValuePerShare', window );">Par value per share</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightsPreferencesAndRestrictionsAttachingToClassOfShareCapital', window );">Rights, preferences and restrictions attaching to class of share capital</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">one<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NumberOfSharesOutstandingAbroadInFormOfAmericanDepositaryReceipts', window );">Common shares outstanding</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">50,374,275<span></span>
</td>
<td class="nump">47,413,094<span></span>
</td>
<td class="nump">46,518,315<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfClassesOfShareCapitalLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DividendsPayable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of dividends payable by means of the distribution of non-cash assets to owners.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRIC<br> -Number 17<br> -IssueDate 2021-01-01<br> -Paragraph 16<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRIC&amp;num=17&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_16_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DividendsPayable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwners">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of dividends proposed or declared after the reporting period but before financial statements are authorised for issue. Such dividends are not recognised as a liability at the end of the reporting period because no obligation exists at that time.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 137<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_137_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 10<br> -IssueDate 2021-01-01<br> -Paragraph 13<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=10&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_13&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwners</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwnersPerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount, per share, of dividends proposed or declared before financial statements were authorised for issue but not recognised as distribution to owners.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 137<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_137_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwnersPerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DividendsRecognisedAsDistributionsToOwnersPerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount, per share, of dividends recognised as distributions to owners.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 107<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_107&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DividendsRecognisedAsDistributionsToOwnersPerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Equity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of residual interest in the assets of the entity after deducting all its liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 24<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_24_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_32_a_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2021-01-01<br> -Paragraph 93<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_93_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2021-01-01<br> -Paragraph 93<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_93_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2021-01-01<br> -Paragraph 93<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_93_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Equity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughAcquisitionOfSubsidiary">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in equity resulting from the acquisition of subsidiaries. [Refer: Subsidiaries [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_106_d&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughAcquisitionOfSubsidiary</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NumberOfSharesIssuedAndFullyPaid">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of shares issued by the entity, for which full payment has been received.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 79<br> -Subparagraph a<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_79_a_ii&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NumberOfSharesIssuedAndFullyPaid</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ParValuePerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The nominal value per share.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 79<br> -Subparagraph a<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_79_a_iii&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ParValuePerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RightsPreferencesAndRestrictionsAttachingToClassOfShareCapital">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the rights, preferences and restrictions attaching to a class of share capital including restrictions on the distribution of dividends and the repayment of capital. [Refer: Share capital [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 79<br> -Subparagraph a<br> -Clause v<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_79_a_v&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RightsPreferencesAndRestrictionsAttachingToClassOfShareCapital</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ShareIssueRelatedCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of cost related to the issuance of shares.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_106_d&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ShareIssueRelatedCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of shares in the entity held by the entity or by its subsidiaries or associates. [Refer: Associates [member]; Subsidiaries [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 79<br> -Subparagraph a<br> -Clause vi<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_79_a_vi&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ExerciseOfWarrantsRightsOutstanding">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of warrants rights outstanding for exercise of the rights.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ExerciseOfWarrantsRightsOutstanding</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_InterimDividends">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of interim dividends recognised as distributions to owners.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_InterimDividends</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_InterimDividendsPerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount, per share, of interim dividends recognised as distributions to owners.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_InterimDividendsPerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_LegalReserveAsPercentageOfNetIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The percentage of net income allocated to legal reserve.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_LegalReserveAsPercentageOfNetIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_LegalReserves">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>A component of equity representing reserves created based on legal requirements and it may be used to increase capital or to absorb losses, but may not be distributed as dividends.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_LegalReserves</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_NumberOfSharesOutstandingAbroadInFormOfAmericanDepositaryReceipts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of shares outstanding abroad in the form of American Depositary Receipts ("ADRs").</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_NumberOfSharesOutstandingAbroadInFormOfAmericanDepositaryReceipts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_RetentionOfProfitsAndInvestmentsReserve">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of the allocation of income for retention of profits purposes.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_RetentionOfProfitsAndInvestmentsReserve</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_StatutoryReserveAsPercentageOfNetIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The percentage of net income allocated to statutory reserve of dividends.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_StatutoryReserveAsPercentageOfNetIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ThresholdPercentageOfShareCapitalForInvestmentsReserveAllocation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The percentage of threshold limit of share capital for investments reserve allocation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ThresholdPercentageOfShareCapitalForInvestmentsReserveAllocation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ThresholdPercentageOfShareCapitalForLegalReserveAllocation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The percentage of threshold limit of share capital for legal reserve allocation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ThresholdPercentageOfShareCapitalForLegalReserveAllocation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_TreasurySharesAveragePrice">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Treasury shares average price.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_TreasurySharesAveragePrice</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
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</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis=ifrs-full_MajorOrdinaryShareTransactionsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NonadjustingEventsAfterReportingPeriodAxis=ifrs-full_MajorOrdinaryShareTransactionsMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComponentsOfEquityAxis=ifrs-full_TreasurySharesMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComponentsOfEquityAxis=ifrs-full_CapitalReserveMember</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_ExtrafarmaMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComponentsOfEquityAxis=ugp_InvestmentsStatutoryReserveMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>200
<FILENAME>R171.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147274071544">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Equity - Balance of Other Comprehensive Income (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ComponentsOfEquityAxis=ifrs-full_MiscellaneousOtherReservesMember', window );">Total [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_MiscellaneousOtherReserves', window );">Beginning balance</a></td>
<td class="num">R$ (464,990)<span></span>
</td>
<td class="num">R$ (146,317)<span></span>
</td>
<td class="num">R$ (63,989)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeBeforeTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome', window );">Changes in fair value of financial instruments</a></td>
<td class="nump">11,364<span></span>
</td>
<td class="num">(477,506)<span></span>
</td>
<td class="num">(76,001)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncomeTaxRelatingToFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome', window );">IRPJ and CSLL on fair value</a></td>
<td class="num">(4,060)<span></span>
</td>
<td class="nump">164,425<span></span>
</td>
<td class="nump">23,683<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans', window );">Actuarial gain (loss) of post-employment benefits</a></td>
<td class="nump">49,550<span></span>
</td>
<td class="num">(7,725)<span></span>
</td>
<td class="num">(41,794)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome', window );">IRPJ and CSLL on actuarial (gains) losses</a></td>
<td class="num">(14,002)<span></span>
</td>
<td class="nump">2,133<span></span>
</td>
<td class="nump">11,784<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_MiscellaneousOtherReserves', window );">Ending balance</a></td>
<td class="num">(422,138)<span></span>
</td>
<td class="num">(464,990)<span></span>
</td>
<td class="num">(146,317)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ComponentsOfEquityAxis=ifrs-full_ReserveOfCashFlowHedgesMember', window );">Fair value of cash flow hedging instruments [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_MiscellaneousOtherReserves', window );">Beginning balance</a></td>
<td class="num">(609,277)<span></span>
</td>
<td class="num">(296,132)<span></span>
</td>
<td class="num">(243,336)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeBeforeTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome', window );">Changes in fair value of financial instruments</a></td>
<td class="nump">12,036<span></span>
</td>
<td class="num">(477,570)<span></span>
</td>
<td class="num">(76,479)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncomeTaxRelatingToFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome', window );">IRPJ and CSLL on fair value</a></td>
<td class="num">(4,060)<span></span>
</td>
<td class="nump">164,425<span></span>
</td>
<td class="nump">23,683<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans', window );">Actuarial gain (loss) of post-employment benefits</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome', window );">IRPJ and CSLL on actuarial (gains) losses</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_MiscellaneousOtherReserves', window );">Ending balance</a></td>
<td class="num">(601,301)<span></span>
</td>
<td class="num">(609,277)<span></span>
</td>
<td class="num">(296,132)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ComponentsOfEquityAxis=ifrs-full_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember', window );">Fair value of financial instruments [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_MiscellaneousOtherReserves', window );">Beginning balance</a></td>
<td class="nump">269<span></span>
</td>
<td class="nump">205<span></span>
</td>
<td class="num">(273)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeBeforeTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome', window );">Changes in fair value of financial instruments</a></td>
<td class="num">(672)<span></span>
</td>
<td class="nump">64<span></span>
</td>
<td class="nump">478<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncomeTaxRelatingToFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome', window );">IRPJ and CSLL on fair value</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans', window );">Actuarial gain (loss) of post-employment benefits</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome', window );">IRPJ and CSLL on actuarial (gains) losses</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_MiscellaneousOtherReserves', window );">Ending balance</a></td>
<td class="num">(403)<span></span>
</td>
<td class="nump">269<span></span>
</td>
<td class="nump">205<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ComponentsOfEquityAxis=ifrs-full_ReserveOfRemeasurementsOfDefinedBenefitPlansMember', window );">Actuarial gains (losses) of post-employment benefits [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_MiscellaneousOtherReserves', window );">Beginning balance</a></td>
<td class="num">(53,351)<span></span>
</td>
<td class="num">(47,759)<span></span>
</td>
<td class="num">(17,749)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeBeforeTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome', window );">Changes in fair value of financial instruments</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncomeTaxRelatingToFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome', window );">IRPJ and CSLL on fair value</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans', window );">Actuarial gain (loss) of post-employment benefits</a></td>
<td class="nump">49,550<span></span>
</td>
<td class="num">(7,725)<span></span>
</td>
<td class="num">(41,794)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome', window );">IRPJ and CSLL on actuarial (gains) losses</a></td>
<td class="num">(14,002)<span></span>
</td>
<td class="nump">2,133<span></span>
</td>
<td class="nump">11,784<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_MiscellaneousOtherReserves', window );">Ending balance</a></td>
<td class="num">(17,803)<span></span>
</td>
<td class="num">(53,351)<span></span>
</td>
<td class="num">(47,759)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ComponentsOfEquityAxis=ugp_NoncontrollingShareholdersInterestChangeMember', window );">Non-controlling shareholders interest change [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_MiscellaneousOtherReserves', window );">Beginning balance</a></td>
<td class="nump">197,369<span></span>
</td>
<td class="nump">197,369<span></span>
</td>
<td class="nump">197,369<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeBeforeTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome', window );">Changes in fair value of financial instruments</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncomeTaxRelatingToFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome', window );">IRPJ and CSLL on fair value</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans', window );">Actuarial gain (loss) of post-employment benefits</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome', window );">IRPJ and CSLL on actuarial (gains) losses</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_MiscellaneousOtherReserves', window );">Ending balance</a></td>
<td class="nump">R$ 197,369<span></span>
</td>
<td class="nump">R$ 197,369<span></span>
</td>
<td class="nump">R$ 197,369<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfClassesOfShareCapitalLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncomeTaxRelatingToFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of income tax relating to amounts recognised in other comprehensive income in relation to financial assets measured at fair value through other comprehensive income applying paragraph 4.1.2A of IFRS 9. [Refer: Financial assets measured at fair value through other comprehensive income; Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph 81<br> -Subparagraph ab<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_81_ab&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 90<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_90&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncomeTaxRelatingToFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of income tax relating to amounts recognised in other comprehensive income in relation to remeasurements of defined benefit plans. [Refer: Other comprehensive income; Reserve of remeasurements of defined benefit plans; Defined benefit plans [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph 81<br> -Subparagraph ab<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_81_ab&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 90<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_90&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherComprehensiveIncomeBeforeTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of other comprehensive income, before tax, after reclassification adjustments, related to financial assets measured at fair value through other comprehensive income applying paragraph 4.1.2A of IFRS 9. [Refer: Financial assets measured at fair value through other comprehensive income; Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 20<br> -Subparagraph a<br> -Clause viii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_20_a_viii&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 7<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 91<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_91_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherComprehensiveIncomeBeforeTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of other comprehensive income, before tax, related to gains (losses) on remeasurements of defined benefit plans, which comprise actuarial gains and losses; the return on plan assets, excluding amounts included in net interest on the net defined benefit liability (asset); and any change in the effect of the asset ceiling, excluding amounts included in net interest on the net defined benefit liability (asset). [Refer: Other comprehensive income; Defined benefit plans [member]; Plan assets [member]; Net defined benefit liability (asset)] [Contrast: Decrease (increase) in net defined benefit liability (asset) resulting from gain (loss) on remeasurement in other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2021-01-01<br> -Paragraph 135<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_135_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 91<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_91_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 7<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_MiscellaneousOtherReserves">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>A component of equity representing miscellaneous other reserves.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_MiscellaneousOtherReserves</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComponentsOfEquityAxis=ifrs-full_MiscellaneousOtherReservesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComponentsOfEquityAxis=ifrs-full_MiscellaneousOtherReservesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComponentsOfEquityAxis=ifrs-full_ReserveOfCashFlowHedgesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComponentsOfEquityAxis=ifrs-full_ReserveOfCashFlowHedgesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
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<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComponentsOfEquityAxis=ifrs-full_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComponentsOfEquityAxis=ifrs-full_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember</td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<td><strong> Period Type:</strong></td>
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</div></td></tr>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComponentsOfEquityAxis=ifrs-full_ReserveOfRemeasurementsOfDefinedBenefitPlansMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComponentsOfEquityAxis=ugp_NoncontrollingShareholdersInterestChangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComponentsOfEquityAxis=ugp_NoncontrollingShareholdersInterestChangeMember</td>
</tr>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>201
<FILENAME>R172.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147276725832">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Equity - Balance and Changes in Cumulative Translation Adjustments (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_EquityAbstract', window );"><strong>Equity [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReserveOfExchangeDifferencesOnTranslation', window );">Beginning balance</a></td>
<td class="nump">R$ 231,596<span></span>
</td>
<td class="nump">R$ 102,427<span></span>
</td>
<td class="nump">R$ 65,857<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationBeforeTax', window );">Currency translation adjustment of foreign subsidiaries</a></td>
<td class="nump">97,113<span></span>
</td>
<td class="nump">202,277<span></span>
</td>
<td class="nump">46,330<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax', window );">Effect of foreign currency exchange rate variation on financial instruments</a></td>
<td class="num">(36,461)<span></span>
</td>
<td class="num">(110,770)<span></span>
</td>
<td class="num">(14,788)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome', window );">IRPJ and CSLL on foreign currency exchange rate variation on financial instruments</a></td>
<td class="nump">12,397<span></span>
</td>
<td class="nump">37,662<span></span>
</td>
<td class="nump">5,028<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReserveOfExchangeDifferencesOnTranslation', window );">Ending Balance</a></td>
<td class="nump">R$ 304,645<span></span>
</td>
<td class="nump">R$ 231,596<span></span>
</td>
<td class="nump">R$ 102,427<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_EquityAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_EquityAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationBeforeTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The gains (losses) recognised in other comprehensive income on exchange differences on the translation of financial statements of foreign operations, before tax, before reclassification adjustments. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 91<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_91_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationBeforeTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of income tax relating to amounts recognised in other comprehensive income in relation to exchange differences on the translation of financial statements of foreign operations. [Refer: Other comprehensive income; Reserve of exchange differences on translation]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph 81<br> -Subparagraph ab<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_81_ab&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 90<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_90&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of reclassification adjustments related to exchange differences when the financial statements of foreign operations are translated, before tax. Reclassification adjustments are amounts reclassified to profit (loss) in the current period that were recognised in other comprehensive income in the current or previous periods. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 21<br> -IssueDate 2021-01-01<br> -Paragraph 48<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=21&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_48&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 92<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_92&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ReserveOfExchangeDifferencesOnTranslation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>A component of equity representing exchange differences on translation of financial statements recognised in other comprehensive income and accumulated in equity. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 21<br> -IssueDate 2021-01-01<br> -Paragraph 52<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=21&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_52_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ReserveOfExchangeDifferencesOnTranslation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>202
<FILENAME>R173.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147282659528">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Equity - Dividends and Allocation of Net Income (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityAbstract', window );"><strong>Allocation of net income</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossAttributableToOwnersOfParent', window );">Net income for the year attributable to shareholders of Ultrapar</a></td>
<td class="nump">R$ 850,463<span></span>
</td>
<td class="nump">R$ 893,383<span></span>
</td>
<td class="nump">R$ 373,526<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AllocationToLegalReserves', window );">Legal reserve (5% of the net income)</a></td>
<td class="nump">42,523<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdjustedNetIncomeBasisForDividends', window );">Adjusted net income (basis for dividends)</a></td>
<td class="nump">807,940<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_MinimumMandatoryDividends', window );">Minimum mandatory dividends for the year (50% of the adjusted net income)</a></td>
<td class="nump">403,970<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsRecognisedAsDistributionsToOwnersOfParentRelatingToCurrentYear', window );">Total of distribution</a></td>
<td class="nump">403,970<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_InterimDividends', window );">Interim dividends (R$ 0.20 per share of the Company)</a></td>
<td class="num">(218,074)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(217,382)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ProposedDividends', window );">Balance of proposed dividends (R$ 0.17 per share)</a></td>
<td class="nump">185,896<span></span>
</td>
<td class="nump">424,357<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AllocationOfDividendsAbstract', window );"><strong>Allocation of dividends</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwners', window );">Minimum mandatory dividends for the year (50% of the adjusted net income)</a></td>
<td class="nump">185,896<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ProposedDividends', window );">Balance of proposed dividends (R$ 0.17 per share)</a></td>
<td class="nump">185,896<span></span>
</td>
<td class="nump">R$ 424,357<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AllocationToLegalReserves', window );">Legal reserve (5% of the net income)</a></td>
<td class="nump">42,523<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_MinimumMandatoryDividends', window );">Minimum mandatory dividends for the year (50% of the adjusted net income)</a></td>
<td class="nump">403,970<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AllocationOfNetIncomeToInvestmentsStatutoryReserve', window );">Statutory reserve</a></td>
<td class="nump">403,970<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AllocationOfNetIncome', window );">Total distribution of net income for the year attributable to shareholders of Ultrapar</a></td>
<td class="nump">R$ 850,463<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwners">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of dividends proposed or declared after the reporting period but before financial statements are authorised for issue. Such dividends are not recognised as a liability at the end of the reporting period because no obligation exists at that time.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 137<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_137_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 10<br> -IssueDate 2021-01-01<br> -Paragraph 13<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=10&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_13&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwners</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DividendsRecognisedAsDistributionsToOwnersOfParentRelatingToCurrentYear">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of dividends relating to the current year, recognised as distributions to owners of the parent. [Refer: Parent [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_106_d&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DividendsRecognisedAsDistributionsToOwnersOfParentRelatingToCurrentYear</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossAttributableToOwnersOfParent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) from continuing and discontinued operations attributable to owners of the parent. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 81B<br> -Subparagraph a<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_81B_a_ii&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossAttributableToOwnersOfParent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AdjustedNetIncomeBasisForDividends">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The total amount of adjusted net income of basis for dividends.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AdjustedNetIncomeBasisForDividends</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AllocationOfDividendsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AllocationOfDividendsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AllocationOfNetIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of allocation of net income.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AllocationOfNetIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AllocationOfNetIncomeToInvestmentsStatutoryReserve">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of allocation of net income to investments statutory reserve.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AllocationOfNetIncomeToInvestmentsStatutoryReserve</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AllocationToLegalReserves">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of allocation to legal reserves from the net income.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AllocationToLegalReserves</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_InterimDividends">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of interim dividends recognised as distributions to owners.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_InterimDividends</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_MinimumMandatoryDividends">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Minimum mandatory amount recognised as distributions to owners during the period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_MinimumMandatoryDividends</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ProposedDividends">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of proposed dividends recognised as distributions to owners.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ProposedDividends</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>203
<FILENAME>R174.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147293447480">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Equity - Disclosure - Equity - Summary of Balances and Changes in Dividends Payable (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_EquityAbstract', window );"><strong>Equity [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentDividendPayables', window );">Beginning balance</a></td>
<td class="nump">R$ 442,133<span></span>
</td>
<td class="nump">R$ 16,094<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsPaid', window );">Provisions</a></td>
<td class="nump">478,366<span></span>
</td>
<td class="nump">710,206<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_UnclaimedDividendsForfeited', window );">Prescribed dividends</a></td>
<td class="num">(11,816)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ReclassificationToLiabilitiesOfSubsidiariesHeldForSale', window );">Reclassification to liabilities of subsidiaries held for sale</a></td>
<td class="num">(70)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentDividendPayables', window );">Ending balance</a></td>
<td class="nump">R$ 202,860<span></span>
</td>
<td class="nump">R$ 442,133<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentDividendPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current dividend payables. [Refer: Dividend payables]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentDividendPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DividendsPaid">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of dividends recognised as distributions to owners.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 107<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_107&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DividendsPaid</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_EquityAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_EquityAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ReclassificationToLiabilitiesOfSubsidiariesHeldForSale">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in dividends payable through a reclassification to liabilities of subsidiaries held for sale.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ReclassificationToLiabilitiesOfSubsidiariesHeldForSale</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_UnclaimedDividendsForfeited">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of unclaimed dividends forfeited during the reporting period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_UnclaimedDividendsForfeited</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>204
<FILENAME>R175.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147299985480">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Equity - Dividends and Allocation of Net Income (Parenthetical) (Detail) - R$ / shares<br></strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_EquityAbstract', window );"><strong>Equity [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LegalReserveAsPercentageOfNetIncome', window );">Legal reserve as percentage of net income</a></td>
<td class="nump">5.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_StatutoryReserveAsPercentageOfNetIncome', window );">Statutory reserve as percentage of net income</a></td>
<td class="nump">50.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_InterimDividendsPerShare', window );">Interim dividends, paid per share</a></td>
<td class="nump">R$ 0.2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 0.2<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ProposedDividendsPerShare', window );">Proposed dividends, per share</a></td>
<td class="nump">R$ 0.17<span></span>
</td>
<td class="nump">R$ 0.44<span></span>
</td>
<td class="nump">R$ 0.24<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_EquityAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_EquityAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_InterimDividendsPerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount, per share, of interim dividends recognised as distributions to owners.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_InterimDividendsPerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_LegalReserveAsPercentageOfNetIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The percentage of net income allocated to legal reserve.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_LegalReserveAsPercentageOfNetIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ProposedDividendsPerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount, per share, of proposed dividends recognised as distributions to owners.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ProposedDividendsPerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_StatutoryReserveAsPercentageOfNetIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The percentage of net income allocated to statutory reserve of dividends.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_StatutoryReserveAsPercentageOfNetIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>205
<FILENAME>R176.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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							} else { e.nextSibling.style.display='none'; }
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</head>
<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147282659400">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Costs and expenses by nature - Costs and expenses by nature (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ExpenseByNatureAbstract', window );"><strong>Expenses by nature [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RawMaterialsAndConsumablesUsed', window );">Raw materials and materials for use and consumption</a></td>
<td class="nump">R$ 104,233,143<span></span>
</td>
<td class="nump">R$ 68,851,960<span></span>
</td>
<td class="nump">R$ 77,218,922<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_EmployeeBenefitsExpense', window );">Personnel expenses</a></td>
<td class="nump">1,575,066<span></span>
</td>
<td class="nump">1,414,567<span></span>
</td>
<td class="nump">1,571,227<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_FreightAndStorageExpense', window );">Freight and storage</a></td>
<td class="nump">899,188<span></span>
</td>
<td class="nump">1,073,971<span></span>
</td>
<td class="nump">871,057<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationAndAmortisationExpense', window );">Depreciation and amortization</a></td>
<td class="nump">653,118<span></span>
</td>
<td class="nump">595,531<span></span>
</td>
<td class="nump">551,768<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmortizationOfRightToUseAsset', window );">Amortization of right to use assets</a></td>
<td class="nump">260,716<span></span>
</td>
<td class="nump">242,670<span></span>
</td>
<td class="nump">216,609<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdvertisingAndMarketingExpense', window );">Advertising and marketing</a></td>
<td class="nump">106,352<span></span>
</td>
<td class="nump">143,694<span></span>
</td>
<td class="nump">192,389<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ServicesExpense', window );">Services provided by third parties</a></td>
<td class="nump">399,904<span></span>
</td>
<td class="nump">184,532<span></span>
</td>
<td class="nump">179,319<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherExpenseByNature', window );">Other expenses</a></td>
<td class="nump">101,819<span></span>
</td>
<td class="nump">139,379<span></span>
</td>
<td class="nump">258,705<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ExpenseByNature', window );">Total</a></td>
<td class="nump">108,229,306<span></span>
</td>
<td class="nump">72,646,304<span></span>
</td>
<td class="nump">81,059,996<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ClassifiedByFunctionAbstract', window );"><strong>Classified as:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Cost of products and services sold</a></td>
<td class="num">(104,827,966)<span></span>
</td>
<td class="num">(70,056,447)<span></span>
</td>
<td class="num">(78,208,786)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SalesAndMarketingExpense', window );">Selling and marketing</a></td>
<td class="num">(1,934,789)<span></span>
</td>
<td class="num">(1,595,871)<span></span>
</td>
<td class="num">(1,631,760)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">General and administrative</a></td>
<td class="num">(1,466,551)<span></span>
</td>
<td class="num">(993,986)<span></span>
</td>
<td class="num">(1,219,450)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ExpenseByNature', window );">Total</a></td>
<td class="nump">R$ 108,229,306<span></span>
</td>
<td class="nump">R$ 72,646,304<span></span>
</td>
<td class="nump">R$ 81,059,996<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CostOfSales">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of all expenses directly or indirectly attributed to the goods or services sold. Attributed expenses include, but are not limited to, costs previously included in the measurement of inventory that has now been sold, such as depreciation and maintenance of factory buildings and equipment used in the production process, unallocated production overheads, and abnormal amounts of production costs of inventories.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 99<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_99&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CostOfSales</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DepreciationAndAmortisationExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of depreciation and amortisation expense. Depreciation and amortisation are the systematic allocations of depreciable amounts of assets over their useful lives.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 23<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_23_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 28<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_28_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B13<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B13_d&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 102<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 99<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_99&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 104<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_104&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DepreciationAndAmortisationExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_EmployeeBenefitsExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The expense of all forms of consideration given by an entity in exchange for a service rendered by employees or for the termination of employment.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 102<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 99<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_99&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 104<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_104&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_EmployeeBenefitsExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ExpenseByNature">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expenses aggregated according to their nature (for example, depreciation, purchases of materials, transport costs, employee benefits and advertising costs), and not reallocated among functions within the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 99<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_99&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ExpenseByNature</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ExpenseByNatureAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ExpenseByNatureAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeneralAndAdministrativeExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expense relating to general and administrative activities of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeneralAndAdministrativeExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherExpenseByNature">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expenses that the entity does not separately disclose in the same statement or note when the entity uses the 'nature of expense' form for its analysis of expenses. [Refer: Expenses, by nature]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 102<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 99<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_99&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherExpenseByNature</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RawMaterialsAndConsumablesUsed">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of raw materials and consumables used in the production process or in the rendering of services. [Refer: Current raw materials]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 102<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 99<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_99&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RawMaterialsAndConsumablesUsed</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SalesAndMarketingExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expense relating to the marketing and selling of goods or services.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SalesAndMarketingExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ServicesExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expense arising from services.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ServicesExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AdvertisingAndMarketingExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of Advertising and marketing expenses.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AdvertisingAndMarketingExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AmortizationOfRightToUseAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of amortization of right-of-use assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AmortizationOfRightToUseAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ClassifiedByFunctionAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ClassifiedByFunctionAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_FreightAndStorageExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of Freight and storage expenses.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_FreightAndStorageExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>206
<FILENAME>R177.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147279086984">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Gain (loss) on disposal of PP&amp;E and intangibles - Additional information (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfGainLossOnDisposalOfPropertyPlantAndEquipmentAndIntangiblesAndImpairmentAbstract', window );"><strong>Gain (loss) on disposal of PP&amp;E and intangibles</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnDisposalsOfNoncurrentAssets', window );">Gain (loss) on disposal of PP&amp;E and intangibles</a></td>
<td class="nump">R$ 184,189<span></span>
</td>
<td class="nump">R$ 85,455<span></span>
</td>
<td class="nump">R$ 1,700<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnDisposalsOfInvestments', window );">Gain (loss) on disposal of Conectcar</a></td>
<td class="nump">R$ 76,485<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GainsLossesOnDisposalsOfInvestments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The gains (losses) on disposals of investments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 98<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_98_d&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GainsLossesOnDisposalsOfInvestments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GainsLossesOnDisposalsOfNoncurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The gains (losses) on disposals of non-current assets. [Refer: Non-current assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GainsLossesOnDisposalsOfNoncurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DisclosureOfGainLossOnDisposalOfPropertyPlantAndEquipmentAndIntangiblesAndImpairmentAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DisclosureOfGainLossOnDisposalOfPropertyPlantAndEquipmentAndIntangiblesAndImpairmentAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>207
<FILENAME>R178.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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</head>
<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147283072040">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Other operating income, net - Other operating income, net (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OtherOperatingIncomeAbstract', window );"><strong>Other operating income, net:</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CommercialPartnershipsIncome', window );">Commercial partnerships</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">R$ 25,511<span></span>
</td>
<td class="nump">R$ 19,469<span></span>
</td>
<td class="nump">R$ 40,816<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_MerchandisingIncome', window );">Merchandising</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">33,144<span></span>
</td>
<td class="nump">25,703<span></span>
</td>
<td class="nump">44,396<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ExtraordinaryTaxCreditsIncome', window );">Extraordinary tax credits</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">213,183<span></span>
</td>
<td class="nump">136,561<span></span>
</td>
<td class="nump">110,090<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RentalIncome', window );">Property rental</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="nump">26,026<span></span>
</td>
<td class="nump">24,825<span></span>
</td>
<td class="nump">26,622<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_RevenueFromMiscellaneousServices', window );">Revenue from miscellaneous services (administrative, commercial and IT services)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">96,742<span></span>
</td>
<td class="nump">91,726<span></span>
</td>
<td class="nump">97,829<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ContractualFineAndGasVoucherIncome', window );">Contractual fine and gas voucher</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">10,332<span></span>
</td>
<td class="nump">9,685<span></span>
</td>
<td class="nump">15,902<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MiscellaneousOtherOperatingIncome', window );">Others</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">40,898<span></span>
</td>
<td class="nump">13,416<span></span>
</td>
<td class="nump">20,580<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherIncome', window );">Total other operating income</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">445,836<span></span>
</td>
<td class="nump">321,385<span></span>
</td>
<td class="nump">356,235<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OtherOperatingExpenseAbstract', window );"><strong>Other operating expenses, net:</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RentalExpense', window );">Property rental</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="num">(116,744)<span></span>
</td>
<td class="num">(92,117)<span></span>
</td>
<td class="num">(92,199)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TaxExpensesOnOtherOperatingIncome', window );">Taxes on other operating income</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="num">(23,416)<span></span>
</td>
<td class="num">(24,929)<span></span>
</td>
<td class="num">(42,533)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ExpensesFromFinesForTaxInfractions', window );">Fines for tax infractions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(3,702)<span></span>
</td>
<td class="num">(5,692)<span></span>
</td>
<td class="num">(4,680)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ExpensesFromDecarbonizationObligation', window );">Decarbonization obligation</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="num">(161,281)<span></span>
</td>
<td class="num">(124,287)<span></span>
</td>
<td class="num">(65,539)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MiscellaneousOtherOperatingExpense', window );">Others</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(44,527)<span></span>
</td>
<td class="num">(10,326)<span></span>
</td>
<td class="num">(11,255)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherExpenseByFunction', window );">Total other operating expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(349,670)<span></span>
</td>
<td class="num">(257,351)<span></span>
</td>
<td class="num">(216,206)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating income, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 96,166<span></span>
</td>
<td class="nump">R$ 64,034<span></span>
</td>
<td class="nump">R$ 140,029<span></span>
</td>
</tr>
<tr><td colspan="4"></td></tr>
<tr><td colspan="4"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top"><span style="font-family: 'Times New Roman';">Refers to contracts with service providers and suppliers</span><span style="font-family: 'Times New Roman';">,</span><span style="font-family: 'Times New Roman';">&#160;which establish trade agreements&#160;</span><span style="font-family: 'Times New Roman';">for</span><span style="font-family: 'Times New Roman';">&#160;convenience stores and gas stations.</span></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top"><span style="font-family: 'Times New Roman';">Refers to contracts with suppliers of convenience stores</span><span style="font-family: 'Times New Roman';">,&#160;</span><span style="font-family: 'Times New Roman';">which establish, among other agreements, promotional campaigns.</span></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[3]</td>
<td style="vertical-align: top;" valign="top"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Refers</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;substantially</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;to&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">PIS and COFINS&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">credits (see Note&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"><span><span style="border-left: none; border-right: none;">8</span></span></span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">.a.</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"><span><span style="border-left: none; border-right: none;">3</span></span></span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">)</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">,</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">recorded</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;in</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;<span><span style="border-left: none; border-right: none;">2021</span></span></span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">.</span></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[4]</td>
<td style="vertical-align: top;" valign="top"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">Refers to&#160;Ipiranga&#8217;s&#160;income and e</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">xpenses&#160;with property rentals</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;and sublease</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">, especially for establishment of&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">own&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">gas stations,</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">&#160;linked to contractual requirements for the preservation of the&#160;</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">b</span><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">rand.</span></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[5]</td>
<td style="vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Refers substantially to ICMS, ISS, PIS and COFINS.</span></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[6]</td>
<td style="vertical-align: top;" valign="top"><span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Refers to the obligation adopted by the&#160;</span>RenovaBio<span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;to set&#160;</span>decarbonization<span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#160;targets for its sector.</span></td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MiscellaneousOtherOperatingExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of miscellaneous other operating expenses. [Refer: Other operating income (expense)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MiscellaneousOtherOperatingExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MiscellaneousOtherOperatingIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of miscellaneous other operating income. [Refer: Other operating income (expense)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MiscellaneousOtherOperatingIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherExpenseByFunction">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expenses that the entity does not separately disclose in the same statement or note when the entity uses the 'function of expense' form for its analysis of expenses.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 26<br> -IssueDate 2021-01-01<br> -Paragraph 35<br> -Subparagraph b<br> -Clause vii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=26&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_35_b_vii&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 99<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_99&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherExpenseByFunction</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of operating income that the entity does not separately disclose in the same statement or note.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 26<br> -IssueDate 2021-01-01<br> -Paragraph 35<br> -Subparagraph b<br> -Clause iv<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=26&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_35_b_iv&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 102<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherOperatingIncomeExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of operating income (expense) that the entity does not separately disclose in the same statement or note.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherOperatingIncomeExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RentalExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expense recognised on rental activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RentalExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RentalIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of income recognised from rental activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RentalIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_CommercialPartnershipsIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of operating income arising from commercial partnerships activities of the reporting entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_CommercialPartnershipsIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ContractualFineAndGasVoucherIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ContractualFineAndGasVoucherIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ExpensesFromDecarbonizationObligation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of operating expense arising from decarbonization obligation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ExpensesFromDecarbonizationObligation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ExpensesFromFinesForTaxInfractions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of operating expense arising from fines for tax infractions.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ExpensesFromFinesForTaxInfractions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ExtraordinaryTaxCreditsIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of operating income arising from extraordinary tax credits.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ExtraordinaryTaxCreditsIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_MerchandisingIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of operating income arising from merchandising activities of the reporting entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_MerchandisingIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_OtherOperatingExpenseAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_OtherOperatingExpenseAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_OtherOperatingIncomeAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_OtherOperatingIncomeAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_RevenueFromMiscellaneousServices">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of operating revenue arising from miscellaneous services.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_RevenueFromMiscellaneousServices</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_TaxExpensesOnOtherOperatingIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of tax expenses on other operating income.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_TaxExpensesOnOtherOperatingIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>208
<FILENAME>R179.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147274950808">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Finance income (Expense) - Finance Income (Expense) (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="5">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th" colspan="2"><div>Dec. 31, 2020</div></th>
<th class="th" colspan="2"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfFinanceIncomeExpenseAbstract', window );"><strong>Disclosure of Finance Income (Expense) [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_FinancialInvestmentsInterest', window );">Interest on financial investments</a></td>
<td class="nump">R$ 101,326<span></span>
</td>
<td class="nump">R$ 93,667<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">R$ 203,323<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InterestIncomeOnLoansAndAdvancesToCustomers', window );">Interest from customers</a></td>
<td class="nump">109,999<span></span>
</td>
<td class="nump">132,155<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">126,606<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ChangesInSubscriptionWarrantsIncome', window );">Changes in subscription warrants - indemnification</a></td>
<td class="nump">33,180<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SelicInterestOnPISAndCOFINSCredits', window );">Selic interest on extraordinary PIS/COFINS credits</a></td>
<td class="nump">201,795<span></span>
</td>
<td class="nump">121,565<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">11,146<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherFinanceIncome', window );">Other finance income</a></td>
<td class="nump">13,854<span></span>
</td>
<td class="nump">10,279<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">3,207<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinanceIncome', window );">Finance income</a></td>
<td class="nump">460,154<span></span>
</td>
<td class="nump">357,666<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">344,282<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InterestExpenseOnBorrowings', window );">Interest on loans</a></td>
<td class="num">(410,430)<span></span>
</td>
<td class="num">(337,324)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(459,995)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InterestExpenseOnDebtInstrumentsIssued', window );">Interest on debentures</a></td>
<td class="num">(306,539)<span></span>
</td>
<td class="num">(321,656)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(482,238)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_FinanceLeasesInterest', window );">Interest on leases payable</a></td>
<td class="num">(110,878)<span></span>
</td>
<td class="num">(109,318)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(91,956)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InterestExpenseOnOtherFinancialLiabilities', window );">Bank charges, financial transactions tax, and other charges</a></td>
<td class="num">(70,801)<span></span>
</td>
<td class="num">(46,878)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(45,553)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ExchangeVariationNetOfGainsAndLossesDerivativeInstruments', window );">Exchange variation, net of gains and losses with derivative financial instruments</a></td>
<td class="num">(239,106)<span></span>
</td>
<td class="num">(58,944)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">90,372<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ChangesInSubscriptionWarrants', window );">Changes in subscription warrants &#8211; indemnification</a></td>
<td class="text"> <span></span>
</td>
<td class="num">(17,353)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(7,760)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherFinanceCost', window );">Interest of provisions and other expenses</a></td>
<td class="num">(85,132)<span></span>
</td>
<td class="num">(16,541)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(20,503)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinanceCosts', window );">Finance expenses</a></td>
<td class="num">(1,222,886)<span></span>
</td>
<td class="num">(908,014)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(1,017,633)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinanceIncomeCost', window );">Financial result, net</a></td>
<td class="num">R$ (762,732)<span></span>
</td>
<td class="num">R$ (550,348)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">R$ (673,351)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr><td colspan="6"></td></tr>
<tr><td colspan="6"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top"><span style="font-family: 'Times New Roman';">For further details, see Note 3.c.3.</span></td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinanceCosts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of costs associated with financing activities of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 82<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_82_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinanceCosts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinanceIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of income associated with interest and other financing activities of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinanceIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinanceIncomeCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of income or cost associated with interest and other financing activities of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinanceIncomeCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InterestExpenseOnBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of interest expense on borrowings. [Refer: Interest expense; Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InterestExpenseOnBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InterestExpenseOnDebtInstrumentsIssued">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of interest expense on debt instruments issued. [Refer: Interest expense; Debt instruments issued]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InterestExpenseOnDebtInstrumentsIssued</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InterestExpenseOnOtherFinancialLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of interest expense on other financial liabilities. [Refer: Interest expense; Other financial liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InterestExpenseOnOtherFinancialLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InterestIncomeOnLoansAndAdvancesToCustomers">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of interest income on loans and advances to customers. [Refer: Interest income; Loans and advances to customers]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InterestIncomeOnLoansAndAdvancesToCustomers</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherFinanceCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of finance costs that the entity does not separately disclose in the same statement or note. [Refer: Finance costs]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherFinanceCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherFinanceIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of finance income that the entity does not separately disclose in the same statement or note. [Refer: Finance income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherFinanceIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ChangesInSubscriptionWarrants">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of interest expense on changes in subscription warrants indemnification.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ChangesInSubscriptionWarrants</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ChangesInSubscriptionWarrantsIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of interest income on changes in subscription warrants indemnification.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ChangesInSubscriptionWarrantsIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DisclosureOfFinanceIncomeExpenseAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DisclosureOfFinanceIncomeExpenseAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ExchangeVariationNetOfGainsAndLossesDerivativeInstruments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of interest expense on exchange variation, net of gains and losses with derivative financial instruments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ExchangeVariationNetOfGainsAndLossesDerivativeInstruments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_FinanceLeasesInterest">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of interest expense on leases payable.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_FinanceLeasesInterest</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_FinancialInvestmentsInterest">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of interest income on financial investments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_FinancialInvestmentsInterest</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_SelicInterestOnPISAndCOFINSCredits">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of SELIC interest income on Social Integration Program (PIS) and Contribution for Social Security Financing (COFINS) credits. SELIC means the rate assessed by the Brazilian Special Liquidation and Custody System (Sistema Especial de Liquida&#231;&#227;o e Cust&#243;dia) - SELIC, published by the Central Bank of Brazil.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_SelicInterestOnPISAndCOFINSCredits</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>209
<FILENAME>R180.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147274227272">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Earnings per share - Basic and Diluted Earnings per Share (Detail) - BRL (R$)<br> R$ / shares in Units, shares in Thousands, R$ in Thousands</strong></div></th>
<th class="th" colspan="5">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><sup>[1]</sup></th>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><sup>[1]</sup></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BasicEarningsPerShareAbstract', window );"><strong>Earnings per share</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromContinuingOperationsAttributableToOrdinaryEquityHoldersOfParentEntity', window );">Net income for the year of the Company, Continuing operations</a></td>
<td class="nump">R$ 785,199<span></span>
</td>
<td class="nump">R$ 612,750<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 865,783<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromDiscontinuedOperationsAttributableToOrdinaryEquityHoldersOfParentEntity', window );">Net income for the year of the Company, Discontinued operations</a></td>
<td class="nump">65,264<span></span>
</td>
<td class="nump">280,633<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(492,257)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity', window );">Net income for the year of the Company</a></td>
<td class="nump">R$ 850,463<span></span>
</td>
<td class="nump">R$ 893,383<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 373,526<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_WeightedAverageNumberOfOrdinarySharesUsedInCalculatingBasicEarningsPerShareContinuingOperations', window );">Weighted average shares outstanding (in thousands), Continuing operations</a></td>
<td class="nump">1,090,500<span></span>
</td>
<td class="nump">1,089,414<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,086,485<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_WeightedAverageNumberOfOrdinarySharesUsedInCalculatingBasicEarningsPerShareDiscontinuedOperations', window );">Weighted average shares outstanding (in thousands), Discontinued operations</a></td>
<td class="nump">1,090,500<span></span>
</td>
<td class="nump">1,089,414<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">1,086,485<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_WeightedAverageShares', window );">Weighted average shares outstanding (in thousands)</a></td>
<td class="nump">1,090,500<span></span>
</td>
<td class="nump">1,089,414<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,086,485<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BasicEarningsLossPerShareFromContinuingOperations', window );">Basic earnings per share &#8211; R$, Continuing operations</a></td>
<td class="nump">R$ 0.72<span></span>
</td>
<td class="nump">R$ 0.5625<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 0.7969<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BasicEarningsLossPerShareFromDiscontinuedOperations', window );">Basic earnings per share &#8211; R$, Discontinued operations</a></td>
<td class="nump">0.0598<span></span>
</td>
<td class="nump">0.2576<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(0.4531)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BasicEarningsLossPerShare', window );">Basic earnings per share -R$</a></td>
<td class="nump">R$ 0.7799<span></span>
</td>
<td class="nump">R$ 0.8201<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 0.3438<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DilutedEarningsPerShareAbstract', window );"><strong>Diluted earnings per share</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromContinuingOperationsAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects', window );">Net income for the year of the Company, Continuing operations</a></td>
<td class="nump">R$ 785,199<span></span>
</td>
<td class="nump">R$ 612,750<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 865,783<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromDiscontinuedOperationsAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects', window );">Net income for the year of the Company, Discontinued operations</a></td>
<td class="nump">65,264<span></span>
</td>
<td class="nump">280,633<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(492,257)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects', window );">Net income for the year of the Company</a></td>
<td class="nump">R$ 850,463<span></span>
</td>
<td class="nump">R$ 893,383<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 373,526<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_WeightedAverageNumberOfOrdinarySharesUsedInCalculatingDilutedEarningsPerShareContinuingOperations', window );">Weighted average shares outstanding (in thousands), including dilution effects, Continuing operations</a></td>
<td class="nump">1,096,962<span></span>
</td>
<td class="nump">1,095,842<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,092,873<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_WeightedAverageNumberOfOrdinarySharesUsedInCalculatingDilutedEarningsPerShareDiscontinuedOperations', window );">Weighted average shares outstanding (in thousands), including dilution effects, Discontinued operations</a></td>
<td class="nump">1,096,962<span></span>
</td>
<td class="nump">1,095,842<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">1,092,873<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustedWeightedAverageShares', window );">Weighted average shares outstanding (in thousands), including dilution effects</a></td>
<td class="nump">1,096,962<span></span>
</td>
<td class="nump">1,095,842<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,092,873<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DilutedEarningsLossPerShareFromContinuingOperations', window );">Diluted earnings per share &#8211; R$, Continuing operations</a></td>
<td class="nump">R$ 0.7158<span></span>
</td>
<td class="nump">R$ 0.5592<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 0.7922<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DilutedEarningsLossPerShareFromDiscontinuedOperations', window );">Diluted earnings per share &#8211; R$, Discontinued operations</a></td>
<td class="nump">0.0595<span></span>
</td>
<td class="nump">0.2561<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(0.4504)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DilutedEarningsLossPerShare', window );">Diluted earnings per share -R$</a></td>
<td class="nump">R$ 0.7753<span></span>
</td>
<td class="nump">R$ 0.8152<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 0.3418<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_WeightedAverageSharesAndAdjustedWeightedAverageSharesAbstract', window );"><strong>Weighted average shares outstanding (in thousands)</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_WeightedAverageShares', window );">Weighted average shares outstanding for basic per share</a></td>
<td class="nump">1,090,500<span></span>
</td>
<td class="nump">1,089,414<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,086,485<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DilutiveEffectOfConvertibleInstrumentsOnNumberOfOrdinaryShares', window );">Subscription warrants - indemnification</a></td>
<td class="nump">3,548<span></span>
</td>
<td class="nump">3,570<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">3,774<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares', window );">Deferred stock plan</a></td>
<td class="nump">2,914<span></span>
</td>
<td class="nump">2,858<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,614<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustedWeightedAverageShares', window );">Weighted average shares outstanding for diluted per share</a></td>
<td class="nump">1,096,962<span></span>
</td>
<td class="nump">1,095,842<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,092,873<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr><td colspan="6"></td></tr>
<tr><td colspan="6"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top"><span style="font-family: 'Times New Roman';">For further details, s</span><span style="font-family: 'Times New Roman';">ee</span><span style="font-family: 'Times New Roman';"> </span><span style="font-family: TimesNewRoman;">N</span><span style="font-family: TimesNewRoman;">ot</span><span style="font-family: TimesNewRoman;">e</span><span style="font-family: TimesNewRoman;"> <span style="border-left: none; border-right: none;">3</span>.c.<span style="border-left: none; border-right: none;">3</span></span><span style="font-family: TimesNewRoman;">.</span></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top"><span style="font-family: 'Times New Roman';">For further details, s</span><span style="font-family: 'Times New Roman';">ee</span><span style="font-family: TimesNewRoman;"> </span><span style="font-family: TimesNewRoman;">N</span><span style="font-family: TimesNewRoman;">ot</span><span style="font-family: TimesNewRoman;">e</span><span style="font-family: TimesNewRoman;"> <span style="border-left: none; border-right: none;">3</span>.c.<span style="border-left: none; border-right: none;">2</span></span><span style="font-family: TimesNewRoman;">.</span></td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustedWeightedAverageShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The weighted average number of ordinary shares outstanding plus the weighted average number of ordinary shares that would be issued on the conversion of all the dilutive potential ordinary shares into ordinary shares. [Refer: Ordinary shares [member]; Weighted average [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2021-01-01<br> -Paragraph 70<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_70_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustedWeightedAverageShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BasicEarningsLossPerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of profit (loss) attributable to ordinary equity holders of the parent entity (the numerator) divided by the weighted average number of ordinary shares outstanding during the period (the denominator).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2021-01-01<br> -Paragraph 66<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2021-01-01<br> -Paragraph 67<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_67&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BasicEarningsLossPerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BasicEarningsLossPerShareFromContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Basic earnings (loss) per share from continuing operations. [Refer: Basic earnings (loss) per share; Continuing operations [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2021-01-01<br> -Paragraph 66<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2021-01-01<br> -Paragraph 67<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_67&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BasicEarningsLossPerShareFromContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BasicEarningsLossPerShareFromDiscontinuedOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Basic earnings (loss) per share from discontinued operations. [Refer: Basic earnings (loss) per share; Discontinued operations [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2021-01-01<br> -Paragraph 68<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_68&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2021-01-01<br> -Paragraph 67<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_67&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BasicEarningsLossPerShareFromDiscontinuedOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BasicEarningsPerShareAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BasicEarningsPerShareAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DilutedEarningsLossPerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of profit (loss) attributable to ordinary equity holders of the parent entity (the numerator), divided by the weighted average number of ordinary shares outstanding during the period (the denominator), both adjusted for the effects of all dilutive potential ordinary shares. [Refer: Ordinary shares [member]; Weighted average [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2021-01-01<br> -Paragraph 66<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2021-01-01<br> -Paragraph 67<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_67&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DilutedEarningsLossPerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DilutedEarningsLossPerShareFromContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Diluted earnings (loss) per share from continuing operations. [Refer: Continuing operations [member]; Diluted earnings (loss) per share]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2021-01-01<br> -Paragraph 66<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2021-01-01<br> -Paragraph 67<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_67&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DilutedEarningsLossPerShareFromContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DilutedEarningsLossPerShareFromDiscontinuedOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Diluted earnings (loss) per share from discontinued operations. [Refer: Diluted earnings (loss) per share; Discontinued operations [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2021-01-01<br> -Paragraph 68<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_68&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2021-01-01<br> -Paragraph 67<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_67&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DilutedEarningsLossPerShareFromDiscontinuedOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DilutedEarningsPerShareAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DilutedEarningsPerShareAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DilutiveEffectOfConvertibleInstrumentsOnNumberOfOrdinaryShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of dilutive potential ordinary shares that relate to the assumed conversion of the entity's convertible instruments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2021-01-01<br> -Paragraph 70<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_70_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DilutiveEffectOfConvertibleInstrumentsOnNumberOfOrdinaryShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of dilutive potential ordinary shares that relate to the assumed exercise of the entity's share options.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2021-01-01<br> -Paragraph 70<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_70_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
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<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
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</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) attributable to ordinary equity holders of the parent entity. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2021-01-01<br> -Paragraph 70<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_70_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
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<td>xbrli:monetaryItemType</td>
</tr>
<tr>
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<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) attributable to ordinary equity holders of the parent entity, adjusted for the effects of all dilutive potential ordinary shares. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2021-01-01<br> -Paragraph 70<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_70_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossFromContinuingOperationsAttributableToOrdinaryEquityHoldersOfParentEntity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) from continuing operations attributable to ordinary equity holders of the parent entity. [Refer: Continuing operations [member]; Profit (loss) from continuing operations]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2021-01-01<br> -Paragraph 70<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_70_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossFromContinuingOperationsAttributableToOrdinaryEquityHoldersOfParentEntity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
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<td><strong> Period Type:</strong></td>
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</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossFromContinuingOperationsAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) from continuing operations attributable to ordinary equity holders of the parent entity, adjusted for the effects of all dilutive potential ordinary shares. [Refer: Profit (loss) from continuing operations]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2021-01-01<br> -Paragraph 70<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_70_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossFromContinuingOperationsAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossFromDiscontinuedOperationsAttributableToOrdinaryEquityHoldersOfParentEntity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) from discontinued operations attributable to ordinary equity holders of the parent entity. [Refer: Profit (loss) from discontinued operations]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2021-01-01<br> -Paragraph 70<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_70_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossFromDiscontinuedOperationsAttributableToOrdinaryEquityHoldersOfParentEntity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossFromDiscontinuedOperationsAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) from discontinued operations attributable to ordinary equity holders of the parent entity, adjusted for the effects of all dilutive potential ordinary shares. [Refer: Profit (loss) from discontinued operations]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2021-01-01<br> -Paragraph 70<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_70_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossFromDiscontinuedOperationsAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_WeightedAverageShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of ordinary shares outstanding at the beginning of the period, adjusted by the number of ordinary shares bought back or issued during the period multiplied by a time-weighting factor.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2021-01-01<br> -Paragraph 70<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_70_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_WeightedAverageShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_WeightedAverageSharesAndAdjustedWeightedAverageSharesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_WeightedAverageSharesAndAdjustedWeightedAverageSharesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_WeightedAverageNumberOfOrdinarySharesUsedInCalculatingBasicEarningsPerShareContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of ordinary shares outstanding at the beginning of the period, adjusted by the number of ordinary shares bought back or issued during the period multiplied by a time-weighting factor. This basic earnings per share calculation used for continuing operations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_WeightedAverageNumberOfOrdinarySharesUsedInCalculatingBasicEarningsPerShareContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_WeightedAverageNumberOfOrdinarySharesUsedInCalculatingBasicEarningsPerShareDiscontinuedOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of ordinary shares outstanding at the beginning of the period, adjusted by the number of ordinary shares bought back or issued during the period multiplied by a time-weighting factor. This basic earnings per share calculation used for discontinued operations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_WeightedAverageNumberOfOrdinarySharesUsedInCalculatingBasicEarningsPerShareDiscontinuedOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
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</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_WeightedAverageNumberOfOrdinarySharesUsedInCalculatingDilutedEarningsPerShareContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The weighted average number of ordinary shares outstanding plus the weighted average number of ordinary shares that would be issued on the conversion of all the dilutive potential ordinary shares into ordinary shares. This diluted earnings per share calculation used for continuing operations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_WeightedAverageNumberOfOrdinarySharesUsedInCalculatingDilutedEarningsPerShareContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_WeightedAverageNumberOfOrdinarySharesUsedInCalculatingDilutedEarningsPerShareDiscontinuedOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The weighted average number of ordinary shares outstanding plus the weighted average number of ordinary shares that would be issued on the conversion of all the dilutive potential ordinary shares into ordinary shares. This diluted earnings per share calculation used for discontinued operations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_WeightedAverageNumberOfOrdinarySharesUsedInCalculatingDilutedEarningsPerShareDiscontinuedOperations</td>
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<td>ugp_</td>
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<td>na</td>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147299557800">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Earnings per share - Additional Information (Detail) - shares<br></strong></div></th>
<th class="th"><div>Feb. 23, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Aug. 11, 2021</div></th>
<th class="th"><div>Aug. 12, 2020</div></th>
<th class="th"><div>Feb. 24, 2020</div></th>
<th class="th"><div>Feb. 19, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems', window );"><strong>Disclosure of non-adjusting events after reporting period [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ExerciseOfWarrantsRightsOutstanding', window );">Rights outstanding</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">31,032<span></span>
</td>
<td class="nump">86,978<span></span>
</td>
<td class="nump">70,939<span></span>
</td>
<td class="nump">2,108,542<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis=ifrs-full_MajorOrdinaryShareTransactionsMember', window );">Major ordinary share transactions [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems', window );"><strong>Disclosure of non-adjusting events after reporting period [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ExerciseOfWarrantsRightsOutstanding', window );">Rights outstanding</a></td>
<td class="nump">43,925<span></span>
</td>
<td class="nump">2,297,491<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
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<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
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</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ExerciseOfWarrantsRightsOutstanding">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of warrants rights outstanding for exercise of the rights.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ExerciseOfWarrantsRightsOutstanding</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis=ifrs-full_MajorOrdinaryShareTransactionsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NonadjustingEventsAfterReportingPeriodAxis=ifrs-full_MajorOrdinaryShareTransactionsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>211
<FILENAME>R182.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147268418664">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Segment information - Financial Information of Segments (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="6">12 Months Ended</th>
</tr>
<tr>
<th class="th" colspan="2"><div>Dec. 31, 2021</div></th>
<th class="th" colspan="2"><div>Dec. 31, 2020</div></th>
<th class="th" colspan="2"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossAbstract', window );"><strong>Income</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenue from sales and services</a></td>
<td class="nump">R$ 109,732,842<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 74,058,056<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">R$ 83,004,729<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RevenueFromContractsWithCustomers', window );">Transactions with third parties</a></td>
<td class="nump">109,732,842<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">74,058,056<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">83,004,729<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Cost of products and services sold</a></td>
<td class="num">(104,827,966)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(70,056,447)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(78,208,786)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="nump">4,904,876<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">4,001,609<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">4,795,943<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeExpensesAbstract', window );"><strong>Operating income (expenses)</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SalesAndMarketingExpense', window );">Selling and marketing</a></td>
<td class="num">(1,934,789)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,595,871)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,631,760)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables', window );">Loss allowance (reversion) for expected credit losses</a></td>
<td class="nump">3,123<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(15,281)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(35,225)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">General and administrative</a></td>
<td class="num">(1,466,551)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(993,986)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,219,450)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnDisposalsOfNoncurrentAssets', window );">Gain (loss) on disposal of property, plant and equipment and intangibles</a></td>
<td class="nump">184,189<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">85,455<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,700<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating income, net</a></td>
<td class="nump">96,166<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">64,034<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">140,029<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates', window );">Operating income (loss) before finance income (expenses) and share of profit (loss) of joint ventures and associates</a></td>
<td class="nump">1,787,014<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,545,960<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,051,237<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of profit (loss) of subsidiaries, joint ventures and associates</a></td>
<td class="num">(17,634)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(44,031)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(12,709)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes', window );">Operating income before finance income (expenses) and income and social contribution taxes</a></td>
<td class="nump">1,769,380<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,501,929<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,038,528<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationAndAmortisationExpense', window );">Depreciation of PP&amp;E and amortization of intangible assets charges</a></td>
<td class="nump">653,118<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">595,531<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">551,768<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers', window );">Amortization of contractual assets with customers &#8211; exclusive rights</a></td>
<td class="nump">282,521<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">289,436<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">355,250<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmortizationOfRightToUseAsset', window );">Amortization of right-of-use assets</a></td>
<td class="nump">260,716<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">242,670<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">216,609<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss', window );">Total of depreciation and amortization</a></td>
<td class="nump">1,196,355<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,127,637<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">1,123,627<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ExpenseOfRestructuringActivities', window );">Expenses related to restructuring activities</a></td>
<td class="nump">154,640<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">87,363<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_EliminationOfIntersegmentAmountsMember', window );">Elimination of intersegment amounts [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossAbstract', window );"><strong>Income</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenue from sales and services</a></td>
<td class="num">(214,715)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(193,046)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(127,397)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RevenueFromContractsWithCustomers', window );">Transactions with third parties</a></td>
<td class="num">(214,715)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(193,046)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(127,397)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Cost of products and services sold</a></td>
<td class="nump">194,118<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">133,384<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">119,405<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="num">(20,597)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(59,662)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(7,992)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeExpensesAbstract', window );"><strong>Operating income (expenses)</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SalesAndMarketingExpense', window );">Selling and marketing</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables', window );">Loss allowance (reversion) for expected credit losses</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">General and administrative</a></td>
<td class="nump">20,597<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">59,662<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">7,992<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnDisposalsOfNoncurrentAssets', window );">Gain (loss) on disposal of property, plant and equipment and intangibles</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating income, net</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates', window );">Operating income (loss) before finance income (expenses) and share of profit (loss) of joint ventures and associates</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of profit (loss) of subsidiaries, joint ventures and associates</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes', window );">Operating income before finance income (expenses) and income and social contribution taxes</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationAndAmortisationExpense', window );">Depreciation of PP&amp;E and amortization of intangible assets charges</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers', window );">Amortization of contractual assets with customers &#8211; exclusive rights</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmortizationOfRightToUseAsset', window );">Amortization of right-of-use assets</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss', window );">Total of depreciation and amortization</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=ugp_IpirangaMember', window );">Ipiranga [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossAbstract', window );"><strong>Income</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenue from sales and services</a></td>
<td class="nump">99,382,617<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">66,133,035<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">75,452,481<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RevenueFromContractsWithCustomers', window );">Transactions with third parties</a></td>
<td class="nump">99,382,547<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">66,132,828<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">75,451,946<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Cost of products and services sold</a></td>
<td class="num">(96,110,408)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(63,609,871)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(71,962,747)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="nump">3,272,209<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,523,164<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">3,489,734<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeExpensesAbstract', window );"><strong>Operating income (expenses)</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SalesAndMarketingExpense', window );">Selling and marketing</a></td>
<td class="num">(1,409,350)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,164,779)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,228,136)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables', window );">Loss allowance (reversion) for expected credit losses</a></td>
<td class="nump">23,536<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,863<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(3,942)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">General and administrative</a></td>
<td class="num">(846,441)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(568,963)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(770,028)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnDisposalsOfNoncurrentAssets', window );">Gain (loss) on disposal of property, plant and equipment and intangibles</a></td>
<td class="nump">183,862<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">78,952<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">13,285<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating income, net</a></td>
<td class="nump">74,574<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">44,195<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">186,982<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates', window );">Operating income (loss) before finance income (expenses) and share of profit (loss) of joint ventures and associates</a></td>
<td class="nump">1,298,390<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">915,432<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,687,895<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of profit (loss) of subsidiaries, joint ventures and associates</a></td>
<td class="num">(859)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(932)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(24,782)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes', window );">Operating income before finance income (expenses) and income and social contribution taxes</a></td>
<td class="nump">1,297,531<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">914,500<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,663,113<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationAndAmortisationExpense', window );">Depreciation of PP&amp;E and amortization of intangible assets charges</a></td>
<td class="nump">325,942<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">314,511<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">275,294<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers', window );">Amortization of contractual assets with customers &#8211; exclusive rights</a></td>
<td class="nump">280,975<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">287,800<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">355,055<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmortizationOfRightToUseAsset', window );">Amortization of right-of-use assets</a></td>
<td class="nump">182,245<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">177,039<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">164,543<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss', window );">Total of depreciation and amortization</a></td>
<td class="nump">789,162<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">779,350<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">794,892<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=ugp_IpirangaMember', window );">Ipiranga [member] | Elimination of intersegment amounts [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossAbstract', window );"><strong>Income</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RevenueFromContractsWithCustomers', window );">Transactions with third parties</a></td>
<td class="nump">70<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">207<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">535<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=ugp_UltragazMember', window );">Ultragaz [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossAbstract', window );"><strong>Income</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenue from sales and services</a></td>
<td class="nump">9,744,659<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">7,408,342<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">7,094,825<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RevenueFromContractsWithCustomers', window );">Transactions with third parties</a></td>
<td class="nump">9,740,657<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">7,403,632<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">7,091,031<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Cost of products and services sold</a></td>
<td class="num">(8,626,340)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(6,310,157)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(6,104,952)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="nump">1,118,319<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,098,185<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">989,873<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeExpensesAbstract', window );"><strong>Operating income (expenses)</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SalesAndMarketingExpense', window );">Selling and marketing</a></td>
<td class="num">(438,697)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(404,776)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(394,798)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables', window );">Loss allowance (reversion) for expected credit losses</a></td>
<td class="num">(20,482)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(18,514)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(31,370)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">General and administrative</a></td>
<td class="num">(202,002)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(196,883)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(210,361)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnDisposalsOfNoncurrentAssets', window );">Gain (loss) on disposal of property, plant and equipment and intangibles</a></td>
<td class="nump">2,138<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">7,936<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,677<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating income, net</a></td>
<td class="nump">10,976<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">8,265<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">12,953<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates', window );">Operating income (loss) before finance income (expenses) and share of profit (loss) of joint ventures and associates</a></td>
<td class="nump">470,252<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">494,213<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">368,974<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of profit (loss) of subsidiaries, joint ventures and associates</a></td>
<td class="num">(104)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(53)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(5)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes', window );">Operating income before finance income (expenses) and income and social contribution taxes</a></td>
<td class="nump">470,148<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">494,160<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">368,969<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationAndAmortisationExpense', window );">Depreciation of PP&amp;E and amortization of intangible assets charges</a></td>
<td class="nump">211,014<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">192,241<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">186,221<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers', window );">Amortization of contractual assets with customers &#8211; exclusive rights</a></td>
<td class="nump">1,546<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,636<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">195<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmortizationOfRightToUseAsset', window );">Amortization of right-of-use assets</a></td>
<td class="nump">46,579<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">41,015<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">31,264<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss', window );">Total of depreciation and amortization</a></td>
<td class="nump">259,139<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">234,892<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">217,680<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=ugp_UltragazMember', window );">Ultragaz [member] | Elimination of intersegment amounts [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossAbstract', window );"><strong>Income</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RevenueFromContractsWithCustomers', window );">Transactions with third parties</a></td>
<td class="nump">4,002<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">4,710<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">3,794<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=ugp_UltracargoMember', window );">Ultracargo [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossAbstract', window );"><strong>Income</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenue from sales and services</a></td>
<td class="nump">713,096<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">644,177<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">540,758<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RevenueFromContractsWithCustomers', window );">Transactions with third parties</a></td>
<td class="nump">518,762<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">504,725<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">462,368<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Cost of products and services sold</a></td>
<td class="num">(285,406)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(270,010)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(261,025)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="nump">427,690<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">374,167<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">279,733<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeExpensesAbstract', window );"><strong>Operating income (expenses)</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SalesAndMarketingExpense', window );">Selling and marketing</a></td>
<td class="num">(9,213)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(7,278)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(8,683)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables', window );">Loss allowance (reversion) for expected credit losses</a></td>
<td class="nump">69<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">370<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">87<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">General and administrative</a></td>
<td class="num">(127,117)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(122,965)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(124,767)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnDisposalsOfNoncurrentAssets', window );">Gain (loss) on disposal of property, plant and equipment and intangibles</a></td>
<td class="num">(1,754)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,433)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(807)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating income, net</a></td>
<td class="nump">3,876<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">8,898<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(62,392)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates', window );">Operating income (loss) before finance income (expenses) and share of profit (loss) of joint ventures and associates</a></td>
<td class="nump">293,551<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">251,759<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">83,171<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of profit (loss) of subsidiaries, joint ventures and associates</a></td>
<td class="nump">602<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">392<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,370<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes', window );">Operating income before finance income (expenses) and income and social contribution taxes</a></td>
<td class="nump">294,153<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">252,151<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">84,541<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationAndAmortisationExpense', window );">Depreciation of PP&amp;E and amortization of intangible assets charges</a></td>
<td class="nump">76,421<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">65,838<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">59,618<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers', window );">Amortization of contractual assets with customers &#8211; exclusive rights</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmortizationOfRightToUseAsset', window );">Amortization of right-of-use assets</a></td>
<td class="nump">25,440<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">19,482<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">20,673<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss', window );">Total of depreciation and amortization</a></td>
<td class="nump">101,861<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">85,320<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">80,291<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=ugp_UltracargoMember', window );">Ultracargo [member] | Elimination of intersegment amounts [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossAbstract', window );"><strong>Income</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RevenueFromContractsWithCustomers', window );">Transactions with third parties</a></td>
<td class="nump">194,334<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">139,452<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">78,390<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=ugp_AbasteceAiMember', window );">Abastece A&#237; [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossAbstract', window );"><strong>Income</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenue from sales and services</a></td>
<td class="nump">84,733<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">17,223<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RevenueFromContractsWithCustomers', window );">Transactions with third parties</a></td>
<td class="nump">84,733<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">17,223<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Cost of products and services sold</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="nump">84,733<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">17,223<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeExpensesAbstract', window );"><strong>Operating income (expenses)</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SalesAndMarketingExpense', window );">Selling and marketing</a></td>
<td class="num">(71,345)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(13,945)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables', window );">Loss allowance (reversion) for expected credit losses</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">General and administrative</a></td>
<td class="num">(113,544)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(33,164)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnDisposalsOfNoncurrentAssets', window );">Gain (loss) on disposal of property, plant and equipment and intangibles</a></td>
<td class="num">(9)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating income, net</a></td>
<td class="nump">5,159<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">920<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates', window );">Operating income (loss) before finance income (expenses) and share of profit (loss) of joint ventures and associates</a></td>
<td class="num">(95,006)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(28,966)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of profit (loss) of subsidiaries, joint ventures and associates</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes', window );">Operating income before finance income (expenses) and income and social contribution taxes</a></td>
<td class="num">(95,006)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(28,966)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationAndAmortisationExpense', window );">Depreciation of PP&amp;E and amortization of intangible assets charges</a></td>
<td class="nump">14,365<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">4,053<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers', window );">Amortization of contractual assets with customers &#8211; exclusive rights</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmortizationOfRightToUseAsset', window );">Amortization of right-of-use assets</a></td>
<td class="nump">267<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">40<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss', window );">Total of depreciation and amortization</a></td>
<td class="nump">14,632<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">4,093<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=ugp_AbasteceAiMember', window );">Abastece A&#237; [member] | Elimination of intersegment amounts [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossAbstract', window );"><strong>Income</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RevenueFromContractsWithCustomers', window );">Transactions with third parties</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=ifrs-full_ReportableSegmentsMember', window );">Reportable segments [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossAbstract', window );"><strong>Income</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenue from sales and services</a></td>
<td class="nump">109,925,105<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">74,202,777<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">83,088,064<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RevenueFromContractsWithCustomers', window );">Transactions with third parties</a></td>
<td class="nump">109,726,699<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">74,058,408<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">83,005,345<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Cost of products and services sold</a></td>
<td class="num">(105,022,154)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(70,190,038)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(78,328,724)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="nump">4,902,951<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">4,012,739<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">4,759,340<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeExpensesAbstract', window );"><strong>Operating income (expenses)</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SalesAndMarketingExpense', window );">Selling and marketing</a></td>
<td class="num">(1,928,605)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,590,778)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,631,617)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables', window );">Loss allowance (reversion) for expected credit losses</a></td>
<td class="nump">3,123<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(15,281)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(35,225)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">General and administrative</a></td>
<td class="num">(1,289,104)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(921,975)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,105,156)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnDisposalsOfNoncurrentAssets', window );">Gain (loss) on disposal of property, plant and equipment and intangibles</a></td>
<td class="nump">184,237<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">85,455<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">15,155<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating income, net</a></td>
<td class="nump">94,585<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">62,278<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">137,543<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates', window );">Operating income (loss) before finance income (expenses) and share of profit (loss) of joint ventures and associates</a></td>
<td class="nump">1,967,187<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,632,438<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,140,040<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of profit (loss) of subsidiaries, joint ventures and associates</a></td>
<td class="num">(361)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(593)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(23,417)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes', window );">Operating income before finance income (expenses) and income and social contribution taxes</a></td>
<td class="nump">1,966,826<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,631,845<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,116,623<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationAndAmortisationExpense', window );">Depreciation of PP&amp;E and amortization of intangible assets charges</a></td>
<td class="nump">627,742<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">576,643<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">521,133<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers', window );">Amortization of contractual assets with customers &#8211; exclusive rights</a></td>
<td class="nump">282,521<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">289,436<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">355,250<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmortizationOfRightToUseAsset', window );">Amortization of right-of-use assets</a></td>
<td class="nump">254,531<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">237,576<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">216,480<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss', window );">Total of depreciation and amortization</a></td>
<td class="nump">1,164,794<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,103,655<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,092,863<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=ifrs-full_ReportableSegmentsMember', window );">Reportable segments [member] | Elimination of intersegment amounts [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossAbstract', window );"><strong>Income</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RevenueFromContractsWithCustomers', window );">Transactions with third parties</a></td>
<td class="nump">198,406<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">144,369<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">82,719<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=ifrs-full_AllOtherSegmentsMember', window );">Others [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossAbstract', window );"><strong>Income</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenue from sales and services</a></td>
<td class="nump">22,452<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3],[4]</sup></td>
<td class="nump">48,325<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3],[4]</sup></td>
<td class="nump">44,063<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RevenueFromContractsWithCustomers', window );">Transactions with third parties</a></td>
<td class="nump">6,143<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3],[4]</sup></td>
<td class="num">(352)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3],[4]</sup></td>
<td class="num">(616)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Cost of products and services sold</a></td>
<td class="nump">70<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3],[4]</sup></td>
<td class="nump">207<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3],[4]</sup></td>
<td class="nump">533<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="nump">22,522<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3],[4]</sup></td>
<td class="nump">48,532<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3],[4]</sup></td>
<td class="nump">44,595<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeExpensesAbstract', window );"><strong>Operating income (expenses)</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SalesAndMarketingExpense', window );">Selling and marketing</a></td>
<td class="num">(6,184)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3],[4]</sup></td>
<td class="num">(5,093)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3],[4]</sup></td>
<td class="num">(143)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables', window );">Loss allowance (reversion) for expected credit losses</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3],[4]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3],[4]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">General and administrative</a></td>
<td class="num">(198,044)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3],[4]</sup></td>
<td class="num">(131,673)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3],[4]</sup></td>
<td class="num">(122,286)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnDisposalsOfNoncurrentAssets', window );">Gain (loss) on disposal of property, plant and equipment and intangibles</a></td>
<td class="num">(48)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3],[4]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3],[4]</sup></td>
<td class="num">(13,455)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating income, net</a></td>
<td class="nump">1,581<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3],[4]</sup></td>
<td class="nump">1,756<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3],[4]</sup></td>
<td class="nump">2,486<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates', window );">Operating income (loss) before finance income (expenses) and share of profit (loss) of joint ventures and associates</a></td>
<td class="num">(180,173)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3],[4]</sup></td>
<td class="num">(86,478)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3],[4]</sup></td>
<td class="num">(88,803)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of profit (loss) of subsidiaries, joint ventures and associates</a></td>
<td class="num">(17,273)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3],[4]</sup></td>
<td class="num">(43,438)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3],[4]</sup></td>
<td class="nump">10,708<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes', window );">Operating income before finance income (expenses) and income and social contribution taxes</a></td>
<td class="num">(197,446)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3],[4]</sup></td>
<td class="num">(129,916)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3],[4]</sup></td>
<td class="num">(78,095)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationAndAmortisationExpense', window );">Depreciation of PP&amp;E and amortization of intangible assets charges</a></td>
<td class="nump">25,376<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3],[4]</sup></td>
<td class="nump">18,888<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3],[4]</sup></td>
<td class="nump">30,636<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers', window );">Amortization of contractual assets with customers &#8211; exclusive rights</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3],[4]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3],[4]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AmortizationOfRightToUseAsset', window );">Amortization of right-of-use assets</a></td>
<td class="nump">6,185<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3],[4]</sup></td>
<td class="nump">5,094<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3],[4]</sup></td>
<td class="nump">128<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss', window );">Total of depreciation and amortization</a></td>
<td class="nump">31,561<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3],[4]</sup></td>
<td class="nump">23,982<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3],[4]</sup></td>
<td class="nump">30,764<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=ifrs-full_AllOtherSegmentsMember', window );">Others [member] | Elimination of intersegment amounts [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossAbstract', window );"><strong>Income</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RevenueFromContractsWithCustomers', window );">Transactions with third parties</a></td>
<td class="nump">R$ 16,309<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3],[4]</sup></td>
<td class="nump">R$ 48,677<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3],[4]</sup></td>
<td class="nump">R$ 44,678<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr><td colspan="7"></td></tr>
<tr><td colspan="7"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">For further information see Note <span style="border-left: none; border-right: none;">3</span>.c.<span style="border-left: none; border-right: none;">3</span>.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top">Balances included for complete breakdown of segment information.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[3]</td>
<td style="vertical-align: top;" valign="top"><span style="border-right: none; border-left: none;"><span style="border-right: none; border-left: none;">Includes in the line &#8220;General and administrative&#8221; and revenue on disposal of PP&amp;E and intangibles the amount of R$ </span></span><span style="border-left: none; border-right: none;"><span>154,640</span></span><span style="border-right: none; border-left: none;"><span style="border-right: none; border-left: none;"> in </span><span>2021</span><span style="border-right: none; border-left: none;"> (R$ </span></span><span style="border-left: none; border-right: none;"><span>87,363</span></span><span style="border-right: none; border-left: none;"><span style="border-right: none; border-left: none;"> in </span><span>2020</span><span style="border-right: none; border-left: none;">) of expenses related to Ultrapar's holding structure, including the Presidency, Financial Board, Legal Board, Board of Directors and Fiscal Council, Risk, Compliance and Audit Board and Sustainability Board.</span></span></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[4]</td>
<td style="vertical-align: top;" valign="top"><span style="border-right: none; border-left: none;">The &#8220;Others&#8221; column consists of financial income and expenses, income tax and social contribution of the segments, the parent company Ultrapar and the subsidiaries Serma, Imaven Im&#243;veis Ltda. (&#8220;Imaven&#8221;), Ultrapar International, UVC Investimentos, UVC - Fundo de investimento and equity of joint ventures of ConectCar, until September 30, 2021 and RPR.</span></td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of amortisation for assets recognised from the costs incurred to obtain or fulfil contracts with customers. [Refer: Assets recognised from costs to obtain or fulfil contracts with customers; Amortisation expense]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 15<br> -IssueDate 2021-01-01<br> -Paragraph 128<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=15&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_128_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AmortisationAssetsRecognisedFromCostsIncurredToObtainOrFulfilContractsWithCustomers</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CostOfSales">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of all expenses directly or indirectly attributed to the goods or services sold. Attributed expenses include, but are not limited to, costs previously included in the measurement of inventory that has now been sold, such as depreciation and maintenance of factory buildings and equipment used in the production process, unallocated production overheads, and abnormal amounts of production costs of inventories.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 99<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_99&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CostOfSales</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of depreciation expense, amortisation expense and impairment loss (reversal of impairment loss) recognised in profit or loss. [Refer: Depreciation and amortisation expense; Impairment loss (reversal of impairment loss) recognised in profit or loss]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DepreciationAndAmortisationExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of depreciation and amortisation expense. Depreciation and amortisation are the systematic allocations of depreciable amounts of assets over their useful lives.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 23<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_23_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 28<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_28_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B13<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B13_d&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 102<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 99<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_99&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 104<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_104&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DepreciationAndAmortisationExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ExpenseOfRestructuringActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expense relating to restructuring. Restructuring is a programme that is planned and controlled by management and materially changes either the scope of a business undertaken by an entity or the manner in which that business is conducted. Such programmes include: (a) the sale or termination of a line of business; (b) closure of business locations in a country or region or the relocation of activities from one country or region to another; (c) changes in management structure; and (d) fundamental reorganisations that have a material effect on the nature and focus of the entity's operations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 98<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_98_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ExpenseOfRestructuringActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GainsLossesOnDisposalsOfNoncurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The gains (losses) on disposals of non-current assets. [Refer: Non-current assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GainsLossesOnDisposalsOfNoncurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeneralAndAdministrativeExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expense relating to general and administrative activities of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeneralAndAdministrativeExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GrossProfit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of revenue less cost of sales. [Refer: Cost of sales; Revenue]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GrossProfit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of impairment loss or reversal of impairment loss recognised in profit or loss for trade receivables. [Refer: Impairment loss recognised in profit or loss; Reversal of impairment loss recognised in profit or loss; Trade receivables]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherOperatingIncomeExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of operating income (expense) that the entity does not separately disclose in the same statement or note.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherOperatingIncomeExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Revenue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The income arising in the course of an entity's ordinary activities. Income is increases in assets, or decreases in liabilities, that result in increases in equity, other than those relating to contributions from holders of equity claims.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 28<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_28_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 23<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_23_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 32<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_32&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 33<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_33_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 34<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_34&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 82<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_82_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 7: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 8: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 102<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2021-01-01<br> -Paragraph 33<br> -Subparagraph b<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=5&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_33_b_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause v<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B12_b_v&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 11: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Revenue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RevenueFromContractsWithCustomers">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of revenue from contracts with customers. A customer is a party that has contracted with an entity to obtain goods or services that are an output of the entity&#8217;s ordinary activities in exchange for consideration.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 15<br> -IssueDate 2021-01-01<br> -Paragraph 113<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=15&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_113_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 15<br> -IssueDate 2021-01-01<br> -Paragraph 114<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=15&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_114&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RevenueFromContractsWithCustomers</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SalesAndMarketingExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expense relating to the marketing and selling of goods or services.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SalesAndMarketingExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entity's share of the profit (loss) of associates and joint ventures accounted for using the equity method. [Refer: Associates [member]; Investments accounted for using equity method; Joint ventures [member]; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 23<br> -Subparagraph g<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_23_g&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 28<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_28_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective on first application of IFRS 9<br> -Name IFRS<br> -Number 4<br> -IssueDate 2021-01-01<br> -Paragraph 39M<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=4&amp;code=ifrs-tx-2021-en-b&amp;anchor=para_39M_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 82<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_82_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AmortizationOfRightToUseAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of amortization of right-of-use assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AmortizationOfRightToUseAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Operating income before financial income (expenses) and income and social contribution taxes.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Total of Operating income before financial income or expenses and share of profit or loss of joint ventures and associate.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndShareOfProfitLossOfJointVenturesAndAssociates</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_OperatingIncomeExpensesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Operating Income Expenses [abstract]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_OperatingIncomeExpensesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_EliminationOfIntersegmentAmountsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_EliminationOfIntersegmentAmountsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentsAxis=ugp_IpirangaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentsAxis=ugp_IpirangaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
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</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentsAxis=ugp_UltragazMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentsAxis=ugp_UltragazMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentsAxis=ugp_UltracargoMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentsAxis=ugp_UltracargoMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentsAxis=ugp_AbasteceAiMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentsAxis=ugp_AbasteceAiMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentsAxis=ifrs-full_ReportableSegmentsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentsAxis=ifrs-full_ReportableSegmentsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentsAxis=ifrs-full_AllOtherSegmentsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentsAxis=ifrs-full_AllOtherSegmentsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>212
<FILENAME>R183.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147274304920">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Segment Information - Cash flow transactions and Assets (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromContinuingAndDiscontinuedOperationsAbstract', window );"><strong>Cash flow</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities', window );">Acquisition of property, plant, and equipment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 1,028,419<span></span>
</td>
<td class="nump">R$ 750,618<span></span>
</td>
<td class="nump">R$ 720,779<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities', window );">Acquisition of intangible assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">237,488<span></span>
</td>
<td class="nump">154,534<span></span>
</td>
<td class="nump">111,251<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdjustmentsForIncreaseDecreaseInNonCurrentPaymentsOfContractualAssetsWithCustomersExclusiveRights', window );">Payments of contractual assets with customers &#8211; exclusive rights</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">420,261<span></span>
</td>
<td class="nump">356,045<span></span>
</td>
<td class="nump">330,068<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdjustmentsForIncreaseDecreaseInAcquisitionOfDecarbonizationCredits', window );">Decarbonization credits (see Note 16)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">176,837<span></span>
</td>
<td class="nump">125,345<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AssetsAbstract', window );"><strong>Assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Assets', window );">Total assets (excluding intersegment transactions)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">39,010,357<span></span>
</td>
<td class="nump">36,250,162<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_EliminationOfIntersegmentAmountsMember', window );">Elimination of intersegment amounts [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromContinuingAndDiscontinuedOperationsAbstract', window );"><strong>Cash flow</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities', window );">Acquisition of property, plant, and equipment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities', window );">Acquisition of intangible assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdjustmentsForIncreaseDecreaseInNonCurrentPaymentsOfContractualAssetsWithCustomersExclusiveRights', window );">Payments of contractual assets with customers &#8211; exclusive rights</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdjustmentsForIncreaseDecreaseInAcquisitionOfDecarbonizationCredits', window );">Decarbonization credits (see Note 16)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AssetsAbstract', window );"><strong>Assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Assets', window );">Total assets (excluding intersegment transactions)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=ugp_IpirangaMember', window );">Ipiranga [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromContinuingAndDiscontinuedOperationsAbstract', window );"><strong>Cash flow</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities', window );">Acquisition of property, plant, and equipment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">386,693<span></span>
</td>
<td class="nump">245,980<span></span>
</td>
<td class="nump">284,882<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities', window );">Acquisition of intangible assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">156,498<span></span>
</td>
<td class="nump">85,337<span></span>
</td>
<td class="nump">70,193<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdjustmentsForIncreaseDecreaseInNonCurrentPaymentsOfContractualAssetsWithCustomersExclusiveRights', window );">Payments of contractual assets with customers &#8211; exclusive rights</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">420,261<span></span>
</td>
<td class="nump">351,233<span></span>
</td>
<td class="nump">327,346<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdjustmentsForIncreaseDecreaseInAcquisitionOfDecarbonizationCredits', window );">Decarbonization credits (see Note 16)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">176,837<span></span>
</td>
<td class="nump">125,345<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AssetsAbstract', window );"><strong>Assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Assets', window );">Total assets (excluding intersegment transactions)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">21,050,793<span></span>
</td>
<td class="nump">18,761,207<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=ugp_UltragazMember', window );">Ultragaz [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromContinuingAndDiscontinuedOperationsAbstract', window );"><strong>Cash flow</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities', window );">Acquisition of property, plant, and equipment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">336,871<span></span>
</td>
<td class="nump">276,470<span></span>
</td>
<td class="nump">222,082<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities', window );">Acquisition of intangible assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">30,150<span></span>
</td>
<td class="nump">32,613<span></span>
</td>
<td class="nump">27,702<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdjustmentsForIncreaseDecreaseInNonCurrentPaymentsOfContractualAssetsWithCustomersExclusiveRights', window );">Payments of contractual assets with customers &#8211; exclusive rights</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="nump">4,812<span></span>
</td>
<td class="nump">2,722<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdjustmentsForIncreaseDecreaseInAcquisitionOfDecarbonizationCredits', window );">Decarbonization credits (see Note 16)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AssetsAbstract', window );"><strong>Assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Assets', window );">Total assets (excluding intersegment transactions)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,233,736<span></span>
</td>
<td class="nump">2,927,061<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=ugp_OxitenoMember', window );">Oxiteno [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AssetsAbstract', window );"><strong>Assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Assets', window );">Total assets (excluding intersegment transactions)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">8,892,850<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=ugp_UltracargoMember', window );">Ultracargo [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromContinuingAndDiscontinuedOperationsAbstract', window );"><strong>Cash flow</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities', window );">Acquisition of property, plant, and equipment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">298,272<span></span>
</td>
<td class="nump">211,287<span></span>
</td>
<td class="nump">206,369<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities', window );">Acquisition of intangible assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">15,819<span></span>
</td>
<td class="nump">5,596<span></span>
</td>
<td class="nump">617<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdjustmentsForIncreaseDecreaseInNonCurrentPaymentsOfContractualAssetsWithCustomersExclusiveRights', window );">Payments of contractual assets with customers &#8211; exclusive rights</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdjustmentsForIncreaseDecreaseInAcquisitionOfDecarbonizationCredits', window );">Decarbonization credits (see Note 16)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AssetsAbstract', window );"><strong>Assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Assets', window );">Total assets (excluding intersegment transactions)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,675,453<span></span>
</td>
<td class="nump">2,197,675<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=ugp_ExtrafarmaMember', window );">Extrafarma [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AssetsAbstract', window );"><strong>Assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Assets', window );">Total assets (excluding intersegment transactions)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,845,038<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=ugp_AbasteceAiMember', window );">Abastece A&#237; [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromContinuingAndDiscontinuedOperationsAbstract', window );"><strong>Cash flow</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities', window );">Acquisition of property, plant, and equipment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">636<span></span>
</td>
<td class="nump">5,149<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities', window );">Acquisition of intangible assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">34,824<span></span>
</td>
<td class="nump">10,285<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdjustmentsForIncreaseDecreaseInNonCurrentPaymentsOfContractualAssetsWithCustomersExclusiveRights', window );">Payments of contractual assets with customers &#8211; exclusive rights</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdjustmentsForIncreaseDecreaseInAcquisitionOfDecarbonizationCredits', window );">Decarbonization credits (see Note 16)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AssetsAbstract', window );"><strong>Assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Assets', window );">Total assets (excluding intersegment transactions)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">152,212<span></span>
</td>
<td class="nump">85,787<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=ifrs-full_ReportableSegmentsMember', window );">Subtotal Segments [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromContinuingAndDiscontinuedOperationsAbstract', window );"><strong>Cash flow</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities', window );">Acquisition of property, plant, and equipment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,022,472<span></span>
</td>
<td class="nump">738,886<span></span>
</td>
<td class="nump">713,333<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities', window );">Acquisition of intangible assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">237,291<span></span>
</td>
<td class="nump">133,831<span></span>
</td>
<td class="nump">98,512<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdjustmentsForIncreaseDecreaseInNonCurrentPaymentsOfContractualAssetsWithCustomersExclusiveRights', window );">Payments of contractual assets with customers &#8211; exclusive rights</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">420,261<span></span>
</td>
<td class="nump">356,045<span></span>
</td>
<td class="nump">330,068<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdjustmentsForIncreaseDecreaseInAcquisitionOfDecarbonizationCredits', window );">Decarbonization credits (see Note 16)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">176,837<span></span>
</td>
<td class="nump">125,345<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AssetsAbstract', window );"><strong>Assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Assets', window );">Total assets (excluding intersegment transactions)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">27,112,194<span></span>
</td>
<td class="nump">34,709,618<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=ifrs-full_AllOtherSegmentsMember', window );">Others [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromContinuingAndDiscontinuedOperationsAbstract', window );"><strong>Cash flow</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities', window );">Acquisition of property, plant, and equipment</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">5,947<span></span>
</td>
<td class="nump">11,732<span></span>
</td>
<td class="nump">7,446<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities', window );">Acquisition of intangible assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">197<span></span>
</td>
<td class="nump">20,703<span></span>
</td>
<td class="nump">12,739<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdjustmentsForIncreaseDecreaseInNonCurrentPaymentsOfContractualAssetsWithCustomersExclusiveRights', window );">Payments of contractual assets with customers &#8211; exclusive rights</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdjustmentsForIncreaseDecreaseInAcquisitionOfDecarbonizationCredits', window );">Decarbonization credits (see Note 16)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AssetsAbstract', window );"><strong>Assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Assets', window );">Total assets (excluding intersegment transactions)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">897,246<span></span>
</td>
<td class="nump">R$ 1,540,544<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=ugp_AssetsHeldForSaleMember', window );">Assets held for sale [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AssetsAbstract', window );"><strong>Assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Assets', window );">Total assets (excluding intersegment transactions)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 11,000,917<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr><td colspan="4"></td></tr>
<tr><td colspan="4"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top"><span style="border-right: none; border-left: none;">The &#8220;Others&#8221; column comprises the parent company Ultrapar (including goodwill from certain acquisitions) and the subsidiaries Serma, Imaven, Ultrapar International, UVC Investimentos and UVC - Fundo de investimento.</span></td>
</tr></table></td></tr>
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<div style="display: none;">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of a present economic resource controlled by the entity as a result of past events. Economic resource is a right that has the potential to produce economic benefits.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2021-01-01<br> -Paragraph 93<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_93_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 28<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_28_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2021-01-01<br> -Paragraph 93<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_93_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2021-01-01<br> -Paragraph 93<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_93_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for the purchases of intangible assets, classified as investing activities. [Refer: Intangible assets other than goodwill]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 16<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_16_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for the purchases of property, plant and equipment, classified as investing activities. [Refer: Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 16<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_16_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
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<tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for increase (decrease) in non-current liabilities from acquisition of decarbonization credits ("CBIO") to reconcile profit (loss) to net cash flow from (used in) operating activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for increase (decrease) in noncurrent payables of contractual assets with customers  exclusive rights to reconcile profit (loss) to net cash flow from (used in) operating activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentsAxis=ifrs-full_AllOtherSegmentsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentsAxis=ugp_AssetsHeldForSaleMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentsAxis=ugp_AssetsHeldForSaleMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>213
<FILENAME>R184.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147300047112">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Segment Information - Additions to Property, Plant, and Equipment and intangible Assets and Contractual assets with customers &#8211; exclusive rights (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="6">12 Months Ended</th>
</tr>
<tr>
<th class="th" colspan="2"><div>Dec. 31, 2021</div></th>
<th class="th" colspan="2"><div>Dec. 31, 2020</div></th>
<th class="th" colspan="2"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes', window );">Income before financial result, income and social contribution taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 1,769,380<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 1,501,929<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 2,038,528<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinanceIncomeCost', window );">Financial result, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(762,732)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(550,348)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(673,351)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossBeforeTax', window );">Profit before income and social contribution taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,006,648<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">951,581<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,365,177<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdditionsPropertyPlantAndEquipmentAndIntangibleAssets', window );">Total additions to PP&amp;E and intangible assets, excluding decarbonization credits (see Notes 15 and 16)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,276,371<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">914,700<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">858,210<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetirementsIntangibleAssetsAndGoodwill', window );">Asset retirement obligation &#8211; fuel tanks</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">451<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">163<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">290<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingCostsCapitalised', window );">Capitalized borrowing costs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">10,013<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">9,385<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">25,890<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets', window );">Total investments in PP&amp;E and intangible assets (cash flow)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,265,907<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">905,152<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">832,030<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughCumulativeCatchupAdjustmentsToRevenueContractAssets', window );">Addition on contractual assets with customers &#8211; exclusive rights</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">689,986<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">549,085<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">330,068<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=ugp_UltragazMember', window );">Ultragaz [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes', window );">Income before financial result, income and social contribution taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">470,148<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">494,160<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">368,969<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdditionsPropertyPlantAndEquipmentAndIntangibleAssets', window );">Total additions to PP&amp;E and intangible assets, excluding decarbonization credits (see Notes 15 and 16)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">367,021<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">309,083<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">249,784<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughCumulativeCatchupAdjustmentsToRevenueContractAssets', window );">Addition on contractual assets with customers &#8211; exclusive rights</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">5,703<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=ugp_IpirangaMember', window );">Ipiranga [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes', window );">Income before financial result, income and social contribution taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,297,531<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">914,500<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,663,113<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdditionsPropertyPlantAndEquipmentAndIntangibleAssets', window );">Total additions to PP&amp;E and intangible assets, excluding decarbonization credits (see Notes 15 and 16)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">550,874<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">338,848<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">370,864<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughCumulativeCatchupAdjustmentsToRevenueContractAssets', window );">Addition on contractual assets with customers &#8211; exclusive rights</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">689,986<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">543,382<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">330,068<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=ugp_UltracargoMember', window );">Ultracargo [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes', window );">Income before financial result, income and social contribution taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">294,153<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">252,151<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">84,541<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdditionsPropertyPlantAndEquipmentAndIntangibleAssets', window );">Total additions to PP&amp;E and intangible assets, excluding decarbonization credits (see Notes 15 and 16)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">316,873<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">218,898<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">217,377<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=ugp_AbasteceAiMember', window );">Abastece A&#237; [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes', window );">Income before financial result, income and social contribution taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(95,006)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(28,966)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdditionsPropertyPlantAndEquipmentAndIntangibleAssets', window );">Total additions to PP&amp;E and intangible assets, excluding decarbonization credits (see Notes 15 and 16)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">35,460<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">15,434<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=ifrs-full_ReportableSegmentsMember', window );">Subtotal Segments [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes', window );">Income before financial result, income and social contribution taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,966,826<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,631,845<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,116,623<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdditionsPropertyPlantAndEquipmentAndIntangibleAssets', window );">Total additions to PP&amp;E and intangible assets, excluding decarbonization credits (see Notes 15 and 16)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,270,228<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">882,263<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">838,025<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=ifrs-full_AllOtherSegmentsMember', window );">Others [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes', window );">Income before financial result, income and social contribution taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(197,446)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2],[3]</sup></td>
<td class="num">(129,916)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2],[3]</sup></td>
<td class="num">(78,095)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AdditionsPropertyPlantAndEquipmentAndIntangibleAssets', window );">Total additions to PP&amp;E and intangible assets, excluding decarbonization credits (see Notes 15 and 16)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="nump">R$ 6,143<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 32,437<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 20,185<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr><td colspan="7"></td></tr>
<tr><td colspan="7"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top"><span style="font-family: 'Times New Roman';">For further details, see Note 3.c.3.</span></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top"><span style="border-right: none; border-left: none;"><span style="border-right: none; border-left: none;">Includes in the line &#8220;General and administrative&#8221; and revenue on disposal of PP&amp;E and intangibles the amount of R$ </span></span><span style="border-left: none; border-right: none;"><span>154,640</span></span><span style="border-right: none; border-left: none;"><span style="border-right: none; border-left: none;"> in </span><span>2021</span><span style="border-right: none; border-left: none;"> (R$ </span></span><span style="border-left: none; border-right: none;"><span>87,363</span></span><span style="border-right: none; border-left: none;"><span style="border-right: none; border-left: none;"> in </span><span>2020</span><span style="border-right: none; border-left: none;">) of expenses related to Ultrapar's holding structure, including the Presidency, Financial Board, Legal Board, Board of Directors and Fiscal Council, Risk, Compliance and Audit Board and Sustainability Board.</span></span></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[3]</td>
<td style="vertical-align: top;" valign="top"><span style="border-right: none; border-left: none;">The &#8220;Others&#8221; column consists of financial income and expenses, income tax and social contribution of the segments, the parent company Ultrapar and the subsidiaries Serma, Imaven Im&#243;veis Ltda. (&#8220;Imaven&#8221;), Ultrapar International, UVC Investimentos, UVC - Fundo de investimento and equity of joint ventures of ConectCar, until September 30, 2021 and RPR.</span></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[4]</td>
<td style="vertical-align: top;" valign="top"><span style="font-family: 'Times New Roman';">The &#8220;Others&#8221; column comprises the parent company Ultrapar (including goodwill from certain acquisitions) and the subsidiaries Serma, Imaven, Ultrapar International, UVC Investimentos and </span><span style="font-family: 'Times New Roman';">UVC </span><span style="font-family: 'Times New Roman';">&#8211;</span><span style="font-family: 'Times New Roman';"> Fundo de investimento</span><span style="font-family: 'Times New Roman';">.</span></td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingCostsCapitalised">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of interest and other costs that an entity incurs in connection with the borrowing of funds that are directly attributable to the acquisition, construction or production of a qualifying asset and which form part of the cost of that asset.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 23<br> -IssueDate 2021-01-01<br> -Paragraph 26<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=23&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_26_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingCostsCapitalised</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr>
<td><strong> Data Type:</strong></td>
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</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfOperatingSegmentsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinanceIncomeCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of income or cost associated with interest and other financing activities of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinanceIncomeCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughCumulativeCatchupAdjustmentsToRevenueContractAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in contract assets resulting from cumulative catch-up adjustments to revenue. [Refer: Contract assets; Revenue from contracts with customers]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 15<br> -IssueDate 2021-01-01<br> -Paragraph 118<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=15&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_118_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughCumulativeCatchupAdjustmentsToRevenueContractAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossBeforeTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) before tax expense or income. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 28<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 102<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2021-01-01<br> -Paragraph 33<br> -Subparagraph b<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=5&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_33_b_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossBeforeTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for the purchase of property, plant and equipment, intangible assets other than goodwill, investment property and other non-current assets. [Refer: Intangible assets other than goodwill; Investment property; Other non-current assets; Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 16<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_16&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RetirementsIntangibleAssetsAndGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The decrease in intangible assets and goodwill resulting from retirements. [Refer: Intangible assets and goodwill]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 38<br> -IssueDate 2021-01-01<br> -Paragraph 118<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=38&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_118_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RetirementsIntangibleAssetsAndGoodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AdditionsPropertyPlantAndEquipmentAndIntangibleAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of additions in property plant and equipment and intangible assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AdditionsPropertyPlantAndEquipmentAndIntangibleAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Operating income before financial income (expenses) and income and social contribution taxes.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_OperatingIncomeBeforeFinancialIncomeExpensesAndIncomeAndSocialContributionTaxes</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentsAxis=ugp_UltragazMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentsAxis=ugp_UltragazMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentsAxis=ugp_IpirangaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentsAxis=ugp_IpirangaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentsAxis=ugp_UltracargoMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentsAxis=ugp_UltracargoMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentsAxis=ugp_AbasteceAiMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentsAxis=ugp_AbasteceAiMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentsAxis=ifrs-full_ReportableSegmentsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentsAxis=ifrs-full_ReportableSegmentsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentsAxis=ifrs-full_AllOtherSegmentsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentsAxis=ifrs-full_AllOtherSegmentsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>214
<FILENAME>R185.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147278066872">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Segment Information - Right-of-use Assets, PP&amp;E and Intangible Assets of the Company Abroad (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts', window );">Right-of-use assets, PP&amp;E and intangible assets</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">R$ 1,406,265<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_US', window );">United States [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts', window );">Right-of-use assets, PP&amp;E and intangible assets</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">1,152,876<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_MX', window );">Mexico [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts', window );">Right-of-use assets, PP&amp;E and intangible assets</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">163,042<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_UY', window );">Uruguay [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts', window );">Right-of-use assets, PP&amp;E and intangible assets</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">R$ 90,347<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfOperatingSegmentsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current assets other than financial instruments, deferred tax assets, post-employment benefit assets and rights arising under insurance contracts. [Refer: Deferred tax assets; Financial instruments, class [member]; Non-current assets; Types of insurance contracts [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 33<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_33_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_US">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_US</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_MX">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_MX</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_UY">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_UY</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>215
<FILENAME>R186.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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							e.nextSibling.style.display='block';
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</head>
<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147274976280">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Segment Information - Revenue from Operations Abroad (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="5">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><sup>[1]</sup></th>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><sup>[1]</sup></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenue</a></td>
<td class="nump">R$ 109,732,842<span></span>
</td>
<td colspan="2" class="nump">R$ 74,058,056<span></span>
</td>
<td colspan="2" class="nump">R$ 83,004,729<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_BR', window );">Brazil [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
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<td class="nump">109,598,146<span></span>
</td>
<td colspan="2" class="nump">73,941,162<span></span>
</td>
<td colspan="2" class="nump">82,927,227<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=ugp_OtherLatinAmericanCountriesMember', window );">Other Latin American countries [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
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<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenue</a></td>
<td class="nump">69,523<span></span>
</td>
<td colspan="2" class="nump">45,356<span></span>
</td>
<td colspan="2" class="nump">40,655<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=ugp_UnitedStatesOfAmericaAndCanadaMember', window );">United States of America and Canada [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
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</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
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<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenue</a></td>
<td class="nump">35,279<span></span>
</td>
<td colspan="2" class="nump">29,935<span></span>
</td>
<td colspan="2" class="nump">16,906<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=srt_EuropeMember', window );">Europe [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
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<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenue</a></td>
<td class="nump">18,876<span></span>
</td>
<td colspan="2" class="nump">34,460<span></span>
</td>
<td colspan="2" class="nump">17,058<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=ugp_OtherRegionsMember', window );">Other [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenue</a></td>
<td class="nump">R$ 11,018<span></span>
</td>
<td colspan="2" class="nump">R$ 7,143<span></span>
</td>
<td colspan="2" class="nump">R$ 2,883<span></span>
</td>
</tr>
<tr><td colspan="6"></td></tr>
<tr><td colspan="6"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">For further information see Note <span style="border-left: none; border-right: none;">3</span>.c.<span style="border-left: none; border-right: none;">3</span>.</td>
</tr></table></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The income arising in the course of an entity's ordinary activities. Income is increases in assets, or decreases in liabilities, that result in increases in equity, other than those relating to contributions from holders of equity claims.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 28<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_28_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 23<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_23_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 32<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_32&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 33<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_33_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 34<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_34&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 82<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_82_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 7: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 8: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 102<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2021-01-01<br> -Paragraph 33<br> -Subparagraph b<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=5&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_33_b_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause v<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B12_b_v&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 11: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147278064008">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Risks and Financial Instruments - Assets and liabilities in foreign currencies (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AssetsInForeignCurrencyAbstract', window );"><strong>Assets in foreign currency [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
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<tr class="ro">
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<td class="nump">R$ 122,242<span></span>
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<td class="nump">R$ 1,413,276<span></span>
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<td class="nump">1,324<span></span>
</td>
<td class="nump">307,829<span></span>
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<tr class="ro">
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<td class="nump">186,548<span></span>
</td>
<td class="nump">1,767,626<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AssetExposureFromSubsidiariesHeldForSale', window );">Asset exposure from subsidiaries held for sale</a></td>
<td class="nump">3,839,194<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AssetsInForeignCurrency', window );">Assets in foreign currency</a></td>
<td class="nump">4,149,308<span></span>
</td>
<td class="nump">3,488,731<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LiabilitiesInForeignCurrencyAbstract', window );"><strong>Liabilities in foreign currency</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_FinancingInForeignCurrency', window );">Financing in foreign currency, gross of transaction costs and discount</a></td>
<td class="num">(8,860,833)<span></span>
</td>
<td class="num">(9,246,707)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_PayablesArisingFromImports', window );">Payables arising from imports, net of advances to foreign suppliers</a></td>
<td class="num">(649,107)<span></span>
</td>
<td class="num">(633,013)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LiabilitiesExposureFromSubsidiariesHeldForSale', window );">Liabilities exposure from subsidiaries held for sale</a></td>
<td class="nump">884,402<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LiabilitiesInForeignCurrency', window );">Liabilities in foreign currency</a></td>
<td class="num">(10,394,342)<span></span>
</td>
<td class="num">(9,879,720)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ForeignCurrencyHedgingInstruments', window );">Foreign currency hedging instruments</a></td>
<td class="num">(2,933,572)<span></span>
</td>
<td class="num">(4,837,554)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ForeignCurrencyHedgingInstrumentsFromSubsidiariesHeldForSale', window );">Foreign currency hedging instruments from subsidiaries held for sale</a></td>
<td class="nump">1,786,471<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NetAssetLiabilityPositionTotal', window );">Net liability position &#8211; total</a></td>
<td class="num">(1,524,991)<span></span>
</td>
<td class="num">(1,553,435)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NetAssetLiabilityPositionIncomeStatementEffect', window );">Net (liability) asset position &#8211; income statement effect</a></td>
<td class="num">(498,604)<span></span>
</td>
<td class="nump">186,306<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NetAssetLiabilityPositionShareholdersEquityEffect', window );">Net liability position &#8211; equity effect from subsidiaries held for sale</a></td>
<td class="num">R$ (1,026,387)<span></span>
</td>
<td class="num">R$ (1,739,741)<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AssetExposureFromSubsidiariesHeldForSale">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of assets exposure from subsidiaries held for sale in foreign currency.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AssetExposureFromSubsidiariesHeldForSale</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AssetsInForeignCurrency">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of total assets in foreign currency.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AssetsInForeignCurrency</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AssetsInForeignCurrencyAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AssetsInForeignCurrencyAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_CashCashEquivalentsAndFinancialInvestmentsInForeignCurrencyExceptHedgingInstruments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of cash, cash equivalents and financial investments in foreign currency but excluding hedging instruments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_CashCashEquivalentsAndFinancialInvestmentsInForeignCurrencyExceptHedgingInstruments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_FinancingInForeignCurrency">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of financing in foreign currency, gross of transaction costs and discount.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_FinancingInForeignCurrency</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ForeignCurrencyHedgingInstruments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The gains (losses) on Foreign currency hedging instruments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ForeignCurrencyHedgingInstruments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ForeignCurrencyHedgingInstrumentsFromSubsidiariesHeldForSale">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of foreign currency hedging instruments from subsidiaries held for sale.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ForeignCurrencyHedgingInstrumentsFromSubsidiariesHeldForSale</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ForeignTradeReceivablesNetOfAllowanceForDoubtfulAccountsAndAdvancesToForeignCustomers">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount due from Foreign trade receivables, net of allowance for doubtful accounts and advances to foreign customers.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ForeignTradeReceivablesNetOfAllowanceForDoubtfulAccountsAndAdvancesToForeignCustomers</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_LiabilitiesExposureFromSubsidiariesHeldForSale">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities exposure from subsidiaries held for sale in foreign currency.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_LiabilitiesExposureFromSubsidiariesHeldForSale</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_LiabilitiesInForeignCurrency">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of total liabilities in foreign currency.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_LiabilitiesInForeignCurrency</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_LiabilitiesInForeignCurrencyAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Liabilities in foreign currency abstract.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_LiabilitiesInForeignCurrencyAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_NetAssetLiabilityPositionIncomeStatementEffect">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of net asset (liability) position - Income statement effect.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_NetAssetLiabilityPositionIncomeStatementEffect</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_NetAssetLiabilityPositionShareholdersEquityEffect">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of net asset (liability) position - Shareholders' equity effect.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_NetAssetLiabilityPositionShareholdersEquityEffect</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_NetAssetLiabilityPositionTotal">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of total net asset (liability) position.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_NetAssetLiabilityPositionTotal</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_OtherNetAssetsInForeignExceptCashCashEquivalentsFinancialInvestmentsTradeReceivablesFinancingAndPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of other net assets in foreign currency but excluding cash, cash equivalents, financial investments, trade receivables, financing and payables.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_OtherNetAssetsInForeignExceptCashCashEquivalentsFinancialInvestmentsTradeReceivablesFinancingAndPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_PayablesArisingFromImports">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current trade payables for foreign suppliers arising from imports, net of advances to foreign suppliers.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_PayablesArisingFromImports</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>217
<FILENAME>R188.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147273284104">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Risks and Financial Instruments - Additional Information (Detail)<br> $ in Thousands</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th">
<div>Dec. 31, 2021 </div>
<div>BRL (R$) </div>
<div>Customer </div>
<div>R$ / shares</div>
</th>
<th class="th">
<div>Dec. 31, 2020 </div>
<div>BRL (R$) </div>
<div>R$ / shares</div>
</th>
<th class="th">
<div>Dec. 31, 2021 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Dec. 31, 2020 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Dec. 31, 2019 </div>
<div>BRL (R$)</div>
</th>
<th class="th">
<div>Dec. 31, 2018 </div>
<div>BRL (R$)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NetAssetLiabilityPositionTotal', window );">Net liability position</a></td>
<td class="nump">R$ 1,524,991,000<span></span>
</td>
<td class="nump">R$ 1,553,435,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_MaximumPercentageOfIdentifiedRiskToCoverByDerivativeFinancialInstruments', window );">Maximum percentage of identified risk to cover by derivative financial instruments</a></td>
<td class="nump">100.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Gross indebtedness</a></td>
<td class="nump">R$ 16,377,643,000<span></span>
</td>
<td class="nump">17,376,216,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 14,392,722,000<span></span>
</td>
<td class="nump">R$ 15,116,139,000<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_InvestmentPlan', window );">Investment plan</a></td>
<td class="nump">1,883,839,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CashCashEquivalentsAndShortTermFinancialInvestments', window );">Cash, cash equivalents, and short-term financial investments</a></td>
<td class="nump">4,084,196,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NotionalAmountOfForeignExchangeHedgingInstrumentsForHighlyProbableFutureTransactionsDesignatedAsCashFlowHedgeRelatedToNotesInForeignMarket', window );">Notional amount of foreign exchange hedging instruments for highly probable future transactions designated as cash flow hedge, related to notes in the foreign market | $</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 386,787<span></span>
</td>
<td class="nump">$ 468,215<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CashFlowHedgeUnrealizedGainLossOfOtherComprehensiveIncomeNetRelatedToNotesInForeignMarket', window );">Unrealized gain (loss) of other comprehensive income, net of deferred income and social contribution taxes</a></td>
<td class="nump">7,880,000<span></span>
</td>
<td class="num">(315,403,000)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_BalanceOfForeignExchangeHedgingInstrumentsDesignatedAsNetInvestmentsHedgeInForeignEntities', window );">Balance of foreign exchange hedging instruments designated as net investments hedge in foreign entities | $</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 95,000<span></span>
</td>
<td class="nump">$ 95,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations', window );">Gain (loss) recognized in other comprehensive income, net of deferred income and social contribution taxes</a></td>
<td class="nump">R$ 24,064,000<span></span>
</td>
<td class="num">R$ (73,108,000)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_MaturityOfForeignExchangeHedgingInstruments', window );">Maturity of foreign exchange hedging instruments | R$ / shares</a></td>
<td class="nump">R$ 10.25<span></span>
</td>
<td class="nump">R$ 8.23<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ConcentrationsOfRiskAxis=ugp_CustomerConcentrationsRiskMember', window );">Customer concentrations risk | Customer one | Bottom of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NumberOfCustomers', window );">Number of customers | Customer</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PercentageOfEntitysRevenue', window );">Percentage of entity's consolidated revenue</a></td>
<td class="nump">10.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgingInstrumentsAxis=ugp_BrazilianRealPerUSDollarMember', window );">Brazilian real per US dollar [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AverageForeignExchangeRate', window );">Average foreign exchange rate</a></td>
<td class="nump">5.6514<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearMember', window );">Later than one year [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Gross indebtedness</a></td>
<td class="nump">R$ 3,605,377,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AverageForeignExchangeRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The average exchange rate used by the entity. Exchange rate is the ratio of exchange for two currencies.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AverageForeignExchangeRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:decimalItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Borrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of outstanding funds that the entity is obligated to repay.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Borrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFinancialInstrumentsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of other comprehensive income, net of tax, after reclassification adjustments, related to hedges of net investments in foreign operations. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 39<br> -IssueDate 2021-01-01<br> -Paragraph 102<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=39&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_102_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 91<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_91_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 9<br> -IssueDate 2021-01-01<br> -Paragraph 6.5.13<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=9&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_6.5.13_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PercentageOfEntitysRevenue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The percentage of the entity's revenue. [Refer: Revenue]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 34<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_34&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PercentageOfEntitysRevenue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_BalanceOfForeignExchangeHedgingInstrumentsDesignatedAsNetInvestmentsHedgeInForeignEntities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Balance of foreign exchange hedging instruments designated as net investments hedge in foreign entities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_BalanceOfForeignExchangeHedgingInstrumentsDesignatedAsNetInvestmentsHedgeInForeignEntities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_CashCashEquivalentsAndShortTermFinancialInvestments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of cash and cash equivalents and short term financial investments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_CashCashEquivalentsAndShortTermFinancialInvestments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_CashFlowHedgeUnrealizedGainLossOfOtherComprehensiveIncomeNetRelatedToNotesInForeignMarket">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of unrealized gain (loss) of cash flow hedge in other comprehensive income net, related to notes in the foreign market.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_CashFlowHedgeUnrealizedGainLossOfOtherComprehensiveIncomeNetRelatedToNotesInForeignMarket</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_InvestmentPlan">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Investment plan.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_InvestmentPlan</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_MaturityOfForeignExchangeHedgingInstruments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Maturity of foreign exchange hedging instruments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_MaturityOfForeignExchangeHedgingInstruments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_MaximumPercentageOfIdentifiedRiskToCoverByDerivativeFinancialInstruments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The maximum percentage of identified risk to cover by derivative financial instruments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_MaximumPercentageOfIdentifiedRiskToCoverByDerivativeFinancialInstruments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_NetAssetLiabilityPositionTotal">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of total net asset (liability) position.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_NetAssetLiabilityPositionTotal</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_NotionalAmountOfForeignExchangeHedgingInstrumentsForHighlyProbableFutureTransactionsDesignatedAsCashFlowHedgeRelatedToNotesInForeignMarket">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The notional amount of foreign exchange hedging instruments for highly probable future transactions designated as cash flow hedge related to notes in foreign market.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_NotionalAmountOfForeignExchangeHedgingInstrumentsForHighlyProbableFutureTransactionsDesignatedAsCashFlowHedgeRelatedToNotesInForeignMarket</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_NumberOfCustomers">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of customers which reporting entity generate revenue from product or services.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_NumberOfCustomers</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:integerItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConcentrationsOfRiskAxis=ugp_CustomerConcentrationsRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConcentrationsOfRiskAxis=ugp_CustomerConcentrationsRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_MajorCustomersAxis=ugp_CustomerOneMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_MajorCustomersAxis=ugp_CustomerOneMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_HedgingInstrumentsAxis=ugp_BrazilianRealPerUSDollarMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_HedgingInstrumentsAxis=ugp_BrazilianRealPerUSDollarMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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</table></div>
</div></td></tr>
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</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>218
<FILENAME>R189.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147279128360">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Risks and Financial Instruments - Sensitivity analysis of assets and liabilities in foreign currency (Detail)<br> R$ in Thousands</strong></div></th>
<th class="th">
<div>Dec. 31, 2021 </div>
<div>BRL (R$)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncomeStatementEffectDecrease', window );">Income statement effect</a></td>
<td class="num">R$ (25,230)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncomeStatementEffectDecreaseShareHoldersEquityIncreaseNetEffect', window );">Total</a></td>
<td class="num">(25,230)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncomeStatementEffectIncrease', window );">Income statement effect</a></td>
<td class="nump">25,230<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncomeStatementEffectincreaseShareholdersEquityDecreaseNetEffect', window );">Total</a></td>
<td class="nump">R$ 25,230<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFinancialInstrumentsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_IncomeStatementEffectDecrease">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of decrease in income statement effect regarding on Real appreciation risk.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_IncomeStatementEffectDecrease</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
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</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_IncomeStatementEffectDecreaseShareHoldersEquityIncreaseNetEffect">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of net effect regarding on Real appreciation risk.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_IncomeStatementEffectDecreaseShareHoldersEquityIncreaseNetEffect</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_IncomeStatementEffectIncrease">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of increase in income statement effect regarding on Real devaluation risk.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_IncomeStatementEffectIncrease</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_IncomeStatementEffectincreaseShareholdersEquityDecreaseNetEffect">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of net effect regarding on Real devaluation risk.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_IncomeStatementEffectincreaseShareholdersEquityDecreaseNetEffect</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>219
<FILENAME>R190.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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							e.nextSibling.style.display='block';
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</head>
<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147271647736">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Risks and Financial Instruments - Financial assets and liabilities exposed to floating interest rates (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NetAssetsLiabilitiesPositionExposedToFloatingInterestRates', window );">Net liability position</a></td>
<td class="num">R$ (5,950,168)<span></span>
</td>
<td class="num">R$ (5,625,838)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ugp_DiMember', window );">DI [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NetAssetsLiabilitiesPositionExposedToFloatingInterestRates', window );">Net liability position</a></td>
<td class="num">(5,952,953)<span></span>
</td>
<td class="num">(5,283,509)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ugp_DiMember', window );">DI [member] | Cash equivalents [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NetAssetsLiabilitiesPositionExposedToFloatingInterestRates', window );">Net liability position</a></td>
<td class="nump">1,943,164<span></span>
</td>
<td class="nump">2,241,852<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ugp_DiMember', window );">DI [member] | Financial investments [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NetAssetsLiabilitiesPositionExposedToFloatingInterestRates', window );">Net liability position</a></td>
<td class="nump">1,607,608<span></span>
</td>
<td class="nump">3,749,852<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ugp_DiMember', window );">DI [member] | Loans and debentures [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NetAssetsLiabilitiesPositionExposedToFloatingInterestRates', window );">Net liability position</a></td>
<td class="num">(4,855,517)<span></span>
</td>
<td class="num">(6,947,362)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ugp_DiMember', window );">DI [member] | Liability position foreign exchange hedging instruments [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NetAssetsLiabilitiesPositionExposedToFloatingInterestRates', window );">Net liability position</a></td>
<td class="num">(2,283,625)<span></span>
</td>
<td class="num">(2,124,146)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ugp_DiMember', window );">DI [member] | Liability position of fixed interest instruments + IPCA &#8211; DI [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NetAssetsLiabilitiesPositionExposedToFloatingInterestRates', window );">Net liability position</a></td>
<td class="num">(2,364,583)<span></span>
</td>
<td class="num">(2,203,705)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ugp_TJLPMember', window );">TJLP [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NetAssetsLiabilitiesPositionExposedToFloatingInterestRates', window );">Net liability position</a></td>
<td class="num">(326)<span></span>
</td>
<td class="num">(29,803)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ugp_TJLPMember', window );">TJLP [member] | Loans [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NetAssetsLiabilitiesPositionExposedToFloatingInterestRates', window );">Net liability position</a></td>
<td class="num">(326)<span></span>
</td>
<td class="num">(29,803)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ugp_LIBORMember', window );">LIBOR [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NetAssetsLiabilitiesPositionExposedToFloatingInterestRates', window );">Net liability position</a></td>
<td class="nump">3,111<span></span>
</td>
<td class="num">(312,526)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ugp_LIBORMember', window );">LIBOR [member] | Asset position of foreign exchange hedging instruments [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NetAssetsLiabilitiesPositionExposedToFloatingInterestRates', window );">Net liability position</a></td>
<td class="nump">279,047<span></span>
</td>
<td class="nump">260,958<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ugp_LIBORMember', window );">LIBOR [member] | Loans [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NetAssetsLiabilitiesPositionExposedToFloatingInterestRates', window );">Net liability position</a></td>
<td class="num">R$ (275,936)<span></span>
</td>
<td class="num">R$ (573,484)<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFinancialInstrumentsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_NetAssetsLiabilitiesPositionExposedToFloatingInterestRates">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of total net asset (liability) position exposed to floating interest.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_NetAssetsLiabilitiesPositionExposedToFloatingInterestRates</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=ugp_DiMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=ugp_DiMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_BalanceSheetPositionAxis=ugp_CashEquivalentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_BalanceSheetPositionAxis=ugp_CashEquivalentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_BalanceSheetPositionAxis=ugp_FinancialInvestmentsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_BalanceSheetPositionAxis=ugp_FinancialInvestmentsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_BalanceSheetPositionAxis=ugp_LoansAndDebenturesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_BalanceSheetPositionAxis=ugp_LoansAndDebenturesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_BalanceSheetPositionAxis=ugp_LiabilityPositionOfForeignExchangeHedgingInstrumentsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_BalanceSheetPositionAxis=ugp_LiabilityPositionOfForeignExchangeHedgingInstrumentsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_BalanceSheetPositionAxis=ugp_LiabilityPositionOfHedgingInstrumentsPreFixedMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_BalanceSheetPositionAxis=ugp_LiabilityPositionOfHedgingInstrumentsPreFixedMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=ugp_TJLPMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=ugp_TJLPMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_BalanceSheetPositionAxis=ugp_LoanPayablesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_BalanceSheetPositionAxis=ugp_LoanPayablesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=ugp_LIBORMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=ugp_LIBORMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_BalanceSheetPositionAxis=ugp_AssetPositionOfForeignExchangeHedgingInstrumentsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_BalanceSheetPositionAxis=ugp_AssetPositionOfForeignExchangeHedgingInstrumentsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>220
<FILENAME>R191.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147269051624">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Risks and Financial Instruments - Sensitivity analysis of floating interest rate risk (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="5">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><sup>[1]</sup></th>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><sup>[1]</sup></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ExposureOfInterestRateRiskAbstract', window );"><strong>Exposure of interest rate risk</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InterestExpenseOnBorrowings', window );">Interest effect on debt</a></td>
<td class="nump">R$ 410,430<span></span>
</td>
<td colspan="2" class="nump">R$ 337,324<span></span>
</td>
<td colspan="2" class="nump">R$ 459,995<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ScenarioAxis=ugp_ScenarioMember', window );">Scenario Base [member] | DI [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ExposureOfInterestRateRiskAbstract', window );"><strong>Exposure of interest rate risk</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_InterestEffectOnCashEquivalentsAndFinancialInvestments', window );">Interest effect on cash equivalents and financial investments</a></td>
<td class="num">(153,160)<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InterestExpenseOnBorrowings', window );">Interest effect on debt</a></td>
<td class="nump">360,652<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_InterestRateHedgingInstrumentsLiabilitiesInterestEffect', window );">Interest rate hedging instruments (liabilities in DI) effect</a></td>
<td class="num">(221,157)<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncrementalExpenses', window );">Incremental expenses</a></td>
<td class="num">(428,649)<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ScenarioAxis=ugp_ScenarioMember', window );">Scenario Base [member] | TJLP [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ExposureOfInterestRateRiskAbstract', window );"><strong>Exposure of interest rate risk</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InterestExpenseOnBorrowings', window );">Interest effect on debt</a></td>
<td class="nump">7<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncrementalExpenses', window );">Incremental expenses</a></td>
<td class="num">(7)<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ScenarioAxis=ugp_ScenarioMember', window );">Scenario Base [member] | LIBOR [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ExposureOfInterestRateRiskAbstract', window );"><strong>Exposure of interest rate risk</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ForeignExchangeHedgingInstrumentsAssetsInterestEffect', window );">Foreign exchange hedging instruments (assets in LIBOR) effect</a></td>
<td class="num">(11)<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InterestExpenseOnBorrowings', window );">Interest effect on debt</a></td>
<td class="nump">94<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IncrementalExpenses', window );">Incremental expenses</a></td>
<td class="num">R$ (83)<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr><td colspan="6"></td></tr>
<tr><td colspan="6"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top"><span style="font-family: 'Times New Roman';">For further details, see Note 3.c.3.</span></td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InterestExpenseOnBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of interest expense on borrowings. [Refer: Interest expense; Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InterestExpenseOnBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ExposureOfInterestRateRiskAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Exposure of interest rate risk.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ExposureOfInterestRateRiskAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ForeignExchangeHedgingInstrumentsAssetsInterestEffect">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of Foreign exchange hedging instruments (assets), interest effect regarding Exposure of interest rate risk.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ForeignExchangeHedgingInstrumentsAssetsInterestEffect</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_IncrementalExpenses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of incremental expenses regarding Exposure of interest rate risk.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_IncrementalExpenses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_InterestEffectOnCashEquivalentsAndFinancialInvestments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Interest effect on cash equivalents and financial investments regarding Exposure of interest rate risk.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_InterestEffectOnCashEquivalentsAndFinancialInvestments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_InterestRateHedgingInstrumentsLiabilitiesInterestEffect">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of Interest rate hedging instruments (liabilities), interest effect regarding Exposure of interest rate risk.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_InterestRateHedgingInstrumentsLiabilitiesInterestEffect</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ScenarioAxis=ugp_ScenarioMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ScenarioAxis=ugp_ScenarioMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=ugp_DiMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=ugp_DiMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=ugp_TJLPMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=ugp_TJLPMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=ugp_LIBORMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=ugp_LIBORMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>221
<FILENAME>R192.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147301071128">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Risks and Financial Instruments - Summary of credit risk of financial institution and government of cash, cash equivalents and financial investments (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfExternalCreditExposuresLineItems', window );"><strong>Disclosure of external credit grades [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CashCashEquivalentsAndFinancialInvestments', window );">Counterparty credit rating</a></td>
<td class="nump">R$ 4,463,473<span></span>
</td>
<td class="nump">R$ 8,672,160<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ExternalCreditGradesAxis=ugp_AAAMember', window );">AAA [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfExternalCreditExposuresLineItems', window );"><strong>Disclosure of external credit grades [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CashCashEquivalentsAndFinancialInvestments', window );">Counterparty credit rating</a></td>
<td class="nump">3,606,000<span></span>
</td>
<td class="nump">8,190,428<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ExternalCreditGradesAxis=ugp_AAMember', window );">AA [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfExternalCreditExposuresLineItems', window );"><strong>Disclosure of external credit grades [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CashCashEquivalentsAndFinancialInvestments', window );">Counterparty credit rating</a></td>
<td class="nump">740,879<span></span>
</td>
<td class="nump">317,894<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ExternalCreditGradesAxis=ugp_AMember', window );">A [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfExternalCreditExposuresLineItems', window );"><strong>Disclosure of external credit grades [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CashCashEquivalentsAndFinancialInvestments', window );">Counterparty credit rating</a></td>
<td class="nump">R$ 116,594<span></span>
</td>
<td class="nump">R$ 163,838<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfExternalCreditExposuresLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfExternalCreditExposuresLineItems</td>
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<tr>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of cash on hand and demand deposits, along with short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value. [Refer: Cash; Cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<td style="white-space:nowrap;">ugp_CashCashEquivalentsAndFinancialInvestments</td>
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<td style="white-space:nowrap;">ifrs-full_ExternalCreditGradesAxis=ugp_AAAMember</td>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>222
<FILENAME>R193.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147273751336">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Risks and Financial Instruments - Loss allowance for expected credit losses balances on trade receivables (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="2"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables', window );">Allowances for doubful accounts on trade receivable</a></td>
<td class="nump">R$ 559,633<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 579,107<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=ugp_IpirangaMember', window );">Ipiranga [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables', window );">Allowances for doubful accounts on trade receivable</a></td>
<td class="nump">422,542<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">447,389<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=ugp_UltragazMember', window );">Ultragaz [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables', window );">Allowances for doubful accounts on trade receivable</a></td>
<td class="nump">135,565<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">113,621<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=ugp_OxitenoMember', window );">Oxiteno [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables', window );">Allowances for doubful accounts on trade receivable</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">16,430<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=ugp_ExtrafarmaMember', window );">Extrafarma [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables', window );">Allowances for doubful accounts on trade receivable</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">73<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=ugp_UltracargoMember', window );">Ultracargo [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables', window );">Allowances for doubful accounts on trade receivable</a></td>
<td class="nump">R$ 1,526<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 1,594<span></span>
</td>
</tr>
<tr><td colspan="4"></td></tr>
<tr><td colspan="4"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">On December 31, 2021 the balances were reclassified to assets of subsidiaries held for sale.</td>
</tr></table></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFinancialInstrumentsLineItems</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of allowances for doubful accounts on trade receivables and other receivables.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<SEQUENCE>223
<FILENAME>R194.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147275476776">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Risks and Financial Instruments - Credit risk exposure (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TradeAndOtherReceivablesGross', window );">Accounting balance</a></td>
<td class="nump">R$ 4,996,662<span></span>
</td>
<td class="nump">R$ 4,938,613<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables', window );">Provision for losses</a></td>
<td class="nump">559,633<span></span>
</td>
<td class="nump">579,107<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PastDueStatusAxis=ifrs-full_CurrentMember', window );">Current [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TradeAndOtherReceivablesGross', window );">Accounting balance</a></td>
<td class="nump">3,901,536<span></span>
</td>
<td class="nump">3,751,067<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables', window );">Provision for losses</a></td>
<td class="nump">23,476<span></span>
</td>
<td class="nump">44,091<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PastDueStatusAxis=ifrs-full_NotLaterThanOneMonthMember', window );">Less than 30 days [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TradeAndOtherReceivablesGross', window );">Accounting balance</a></td>
<td class="nump">109,284<span></span>
</td>
<td class="nump">134,836<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables', window );">Provision for losses</a></td>
<td class="nump">8,005<span></span>
</td>
<td class="nump">2,939<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PastDueStatusAxis=ifrs-full_LaterThanOneMonthAndNotLaterThanTwoMonthsMember', window );">31 to 60 days [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TradeAndOtherReceivablesGross', window );">Accounting balance</a></td>
<td class="nump">57,545<span></span>
</td>
<td class="nump">43,207<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables', window );">Provision for losses</a></td>
<td class="nump">11,746<span></span>
</td>
<td class="nump">3,563<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PastDueStatusAxis=ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember', window );">61-90&#160;days [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TradeAndOtherReceivablesGross', window );">Accounting balance</a></td>
<td class="nump">39,177<span></span>
</td>
<td class="nump">42,589<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables', window );">Provision for losses</a></td>
<td class="nump">9,016<span></span>
</td>
<td class="nump">4,630<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PastDueStatusAxis=ifrs-full_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember', window );">91-180&#160;days [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TradeAndOtherReceivablesGross', window );">Accounting balance</a></td>
<td class="nump">50,588<span></span>
</td>
<td class="nump">76,158<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables', window );">Provision for losses</a></td>
<td class="nump">24,818<span></span>
</td>
<td class="nump">28,062<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PastDueStatusAxis=ifrs-full_LaterThanSixMonthsMember', window );">More than 180 days [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TradeAndOtherReceivablesGross', window );">Accounting balance</a></td>
<td class="nump">838,532<span></span>
</td>
<td class="nump">890,756<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables', window );">Provision for losses</a></td>
<td class="nump">R$ 482,572<span></span>
</td>
<td class="nump">R$ 495,822<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_WeightedAverageMember', window );">Weighted average [member] | Current [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ExpectedCreditLossRate', window );">Expected credit loss rate</a></td>
<td class="nump">0.60%<span></span>
</td>
<td class="nump">1.20%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_WeightedAverageMember', window );">Weighted average [member] | Less than 30 days [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ExpectedCreditLossRate', window );">Expected credit loss rate</a></td>
<td class="nump">7.30%<span></span>
</td>
<td class="nump">2.20%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_WeightedAverageMember', window );">Weighted average [member] | 31 to 60 days [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ExpectedCreditLossRate', window );">Expected credit loss rate</a></td>
<td class="nump">20.40%<span></span>
</td>
<td class="nump">8.20%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_WeightedAverageMember', window );">Weighted average [member] | 61-90&#160;days [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ExpectedCreditLossRate', window );">Expected credit loss rate</a></td>
<td class="nump">23.00%<span></span>
</td>
<td class="nump">10.90%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_WeightedAverageMember', window );">Weighted average [member] | 91-180&#160;days [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ExpectedCreditLossRate', window );">Expected credit loss rate</a></td>
<td class="nump">49.10%<span></span>
</td>
<td class="nump">36.80%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_WeightedAverageMember', window );">Weighted average [member] | More than 180 days [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ExpectedCreditLossRate', window );">Expected credit loss rate</a></td>
<td class="nump">57.50%<span></span>
</td>
<td class="nump">55.70%<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFinancialInstrumentsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ExpectedCreditLossRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The rate of expected credit losses, calculated as percentage of the gross carrying amount. Expected credit losses are the weighted average of credit losses with the respective risks of a default occurring as the weights.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph IG20D<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_IG20D&amp;doctype=Implementation%20Guidance<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 35N<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_35N&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ExpectedCreditLossRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of allowances for doubful accounts on trade receivables and other receivables.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_TradeAndOtherReceivablesGross">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of gross trade receivables and other receivables.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_TradeAndOtherReceivablesGross</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PastDueStatusAxis=ifrs-full_CurrentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PastDueStatusAxis=ifrs-full_CurrentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PastDueStatusAxis=ifrs-full_NotLaterThanOneMonthMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PastDueStatusAxis=ifrs-full_NotLaterThanOneMonthMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PastDueStatusAxis=ifrs-full_LaterThanOneMonthAndNotLaterThanTwoMonthsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PastDueStatusAxis=ifrs-full_LaterThanOneMonthAndNotLaterThanTwoMonthsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PastDueStatusAxis=ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PastDueStatusAxis=ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PastDueStatusAxis=ifrs-full_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PastDueStatusAxis=ifrs-full_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PastDueStatusAxis=ifrs-full_LaterThanSixMonthsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PastDueStatusAxis=ifrs-full_LaterThanSixMonthsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_WeightedAverageMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_WeightedAverageMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>224
<FILENAME>R195.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147276165256">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Risks and Financial Instruments - Summary of loss allowance for expected credit losses balances by geographic area (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables', window );">Loss allowance for expected credit losses</a></td>
<td class="nump">R$ 559,633<span></span>
</td>
<td class="nump">R$ 579,107<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_StatementGeographicalAxis=country_BR', window );">Brasil [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables', window );">Loss allowance for expected credit losses</a></td>
<td class="nump">559,532<span></span>
</td>
<td class="nump">568,461<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_StatementGeographicalAxis=ugp_UnitedStatesOfAmericaAndCanadaMember', window );">United States of America and Canada [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables', window );">Loss allowance for expected credit losses</a></td>
<td class="nump">3<span></span>
</td>
<td class="nump">1,146<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_StatementGeographicalAxis=ugp_OtherLatinAmericanCountriesMember', window );">Other Latin American countries [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables', window );">Loss allowance for expected credit losses</a></td>
<td class="nump">15<span></span>
</td>
<td class="nump">271<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_StatementGeographicalAxis=srt_EuropeMember', window );">Europe [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables', window );">Loss allowance for expected credit losses</a></td>
<td class="nump">66<span></span>
</td>
<td class="nump">9,120<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_StatementGeographicalAxis=ugp_OtherRegionsMember', window );">Others [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables', window );">Loss allowance for expected credit losses</a></td>
<td class="nump">R$ 17<span></span>
</td>
<td class="nump">R$ 109<span></span>
</td>
</tr>
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<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFinancialInstrumentsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of allowances for doubful accounts on trade receivables and other receivables.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_StatementGeographicalAxis=country_BR">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_StatementGeographicalAxis=country_BR</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_StatementGeographicalAxis=ugp_UnitedStatesOfAmericaAndCanadaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_StatementGeographicalAxis=ugp_UnitedStatesOfAmericaAndCanadaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
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<DESCRIPTION>IDEA: XBRL DOCUMENT
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147282505944">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Risks and Financial Instruments - Positions of derivative financial instruments to hedge commodity price risk (Detail) - Commodity price risk [member]<br> R$ in Thousands, $ in Thousands</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th">
<div>Dec. 31, 2021 </div>
<div>BRL (R$) </div>
<div>m&#179;</div>
</th>
<th class="th">
<div>Dec. 31, 2020 </div>
<div>BRL (R$) </div>
<div>m&#179;</div>
</th>
<th class="th">
<div>Dec. 31, 2021 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Dec. 31, 2020 </div>
<div>USD ($)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue', window );">Fair value</a></td>
<td class="nump">R$ 1,302<span></span>
</td>
<td class="num">R$ (563)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CommodityPriceRiskMember', window );">Heating Oil [member] | Term [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DerivativeNonmonetaryNotionalAmountVolumeOne', window );">Notional amount (m3) | m&#179;</a></td>
<td class="nump">167,255<span></span>
</td>
<td class="nump">108,429<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NominalAmountOfHedgingInstrumentsInHedgingRelationshipsToWhichAmendmentsForInterestRateBenchmarkReformAreApplied', window );">Notional amount (USD thousands) | $</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 103,148<span></span>
</td>
<td class="nump">$ 42,399<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue', window );">Fair value</a></td>
<td class="nump">R$ 2,269<span></span>
</td>
<td class="num">R$ (563)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CommodityPriceRiskMember', window );">RBOB [member] | Term [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DerivativeNonmonetaryNotionalAmountVolumeOne', window );">Notional amount (m3) | m&#179;</a></td>
<td class="nump">29,413<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NominalAmountOfHedgingInstrumentsInHedgingRelationshipsToWhichAmendmentsForInterestRateBenchmarkReformAreApplied', window );">Notional amount (USD thousands) | $</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 17,112<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue', window );">Fair value</a></td>
<td class="num">R$ (967)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFinancialInstrumentsLineItems</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td>na</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The fair value of financial instruments designated as hedging instruments. Hedging instruments are designated derivatives or (for a hedge of the risk of changes in foreign currency exchange rates only) designated non-derivative financial assets or non-derivative financial liabilities whose fair value or cash flows are expected to offset changes in the fair value or cash flows of a designated hedged item. [Refer: At fair value [member]; Derivatives [member]; Derivative financial assets; Derivative financial liabilities; Financial instruments, class [member]; Financial assets; Financial liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2023-01-01<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 22<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2017-en-b&amp;anchor=para_22_b&amp;doctype=Standard&amp;book=b<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The nominal amount of the hedging instruments in hedging relationships to which the entity is applying the exceptions in the scope of the amendments for interest rate benchmark reform. [Refer: Nominal amount of hedging instrument]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 24H<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_24H_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NominalAmountOfHedgingInstrumentsInHedgingRelationshipsToWhichAmendmentsForInterestRateBenchmarkReformAreApplied</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Nominal volume used to calculate payments on a derivative instrument.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
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<td><strong> Name:</strong></td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=ugp_TermMember</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProductsAndServicesAxis=ugp_RBOBMember</td>
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<DOCUMENT>
<TYPE>XML
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<FILENAME>R197.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147299349624">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Risks and Financial Instruments - Contractual undiscounted cash outflows (Detail)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="2">
<div>Dec. 31, 2021 </div>
<div>BRL (R$)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoansIncludingFutureContractualInterest', window );">Loans including future contractual interest</a></td>
<td class="nump">R$ 19,825,386<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CurrencyAndInterestRateHedgingInstruments', window );">Currency and interest rate hedging instruments</a></td>
<td class="nump">747,861<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherPayables', window );">Trade payables</a></td>
<td class="nump">5,789,954<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_UndiscountedOperatingLeasePaymentsToBePaid', window );">Leases payable</a></td>
<td class="nump">2,145,602<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember', window );">Less than 1 year [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoansIncludingFutureContractualInterest', window );">Loans including future contractual interest</a></td>
<td class="nump">3,605,377<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CurrencyAndInterestRateHedgingInstruments', window );">Currency and interest rate hedging instruments</a></td>
<td class="nump">214,846<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherPayables', window );">Trade payables</a></td>
<td class="nump">5,789,954<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_UndiscountedOperatingLeasePaymentsToBePaid', window );">Leases payable</a></td>
<td class="nump">304,007<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanThreeYearsMember', window );">Between 1 and 3 years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoansIncludingFutureContractualInterest', window );">Loans including future contractual interest</a></td>
<td class="nump">5,081,235<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CurrencyAndInterestRateHedgingInstruments', window );">Currency and interest rate hedging instruments</a></td>
<td class="nump">272,208<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherPayables', window );">Trade payables</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_UndiscountedOperatingLeasePaymentsToBePaid', window );">Leases payable</a></td>
<td class="nump">505,547<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember', window );">Between 3 and 5 years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoansIncludingFutureContractualInterest', window );">Loans including future contractual interest</a></td>
<td class="nump">4,237,708<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CurrencyAndInterestRateHedgingInstruments', window );">Currency and interest rate hedging instruments</a></td>
<td class="nump">169,274<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherPayables', window );">Trade payables</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_UndiscountedOperatingLeasePaymentsToBePaid', window );">Leases payable</a></td>
<td class="nump">370,828<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFiveYearsMember', window );">More than 5 years [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LoansIncludingFutureContractualInterest', window );">Loans including future contractual interest</a></td>
<td class="nump">6,901,066<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CurrencyAndInterestRateHedgingInstruments', window );">Currency and interest rate hedging instruments</a></td>
<td class="nump">91,533<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherPayables', window );">Trade payables</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_UndiscountedOperatingLeasePaymentsToBePaid', window );">Leases payable</a></td>
<td class="nump">R$ 965,220<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr><td colspan="3"></td></tr>
<tr><td colspan="3"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">To calculate the estimated interest on loans some macroeconomic assumptions were used, including&#160;averaging&#160;for the period&#160;the following:&#160;(i) DI of&#160;11.74%&#160;to&#160;2022&#160;and&#160;10.32%&#160;to&#160;2023;&#160;(ii) exchange rate of the&#160;Real&#160;against the U.S. dollar of&#160;R$&#160;5.75&#160;in&#160;2022, R$&#160;5.45&#160;in&#160;2023, R$&#160;5.10&#160;in&#160;2024&#160;and R$&#160;4.90&#160;as from&#160;2025;&#160;(iii) TJLP of&#160;6.08%;&#160;(iv) IPCA of&#160;5.11% in&#160;2022,&#160;3.32%&#160;in&#160;2023,&#160;3.1% in&#160;2024&#160;and&#160;3.0% as from&#160;2025.&#160;(source:&#160;B3, Bulletin Focus and financial institutions).</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top">&#160;Includes estimated interest payments on short-term and long-term loans until the payment date.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[3]</td>
<td style="vertical-align: top;" valign="top">The currency and interest rate hedging instruments were estimated based on projected U.S dollar futures contracts and the futures curves&#160;of DI x prefixed rate and&#160;DI&#160;x IPCA&#160;contracts&#160;quoted on&#160;B3&#160;on&#160;December&#160;31,&#160;2021&#160;and on the futures curve of&#160;LIBOR&#160;(ICE&#160;&#8211;&#160;Intercontinental&#160;Exchange)&#160;and commodities heating oil&#160;contracts quoted on&#160;New York Mercantile Exchange&#160;(&#8220;NYMEX&#8221;)&#160;on&#160;December 31,&#160;2021. In the table above, only the hedging instruments with negative results&#160;at the time of settlement were considered.</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFinancialInstrumentsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TradeAndOtherPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of trade payables and other payables. [Refer: Trade payables; Other payables]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 54<br> -Subparagraph k<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_54_k&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TradeAndOtherPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_CurrencyAndInterestRateHedgingInstruments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of currency and interest rate hedging instruments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_CurrencyAndInterestRateHedgingInstruments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_LoansIncludingFutureContractualInterest">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of loans payable including future contractual interest.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_LoansIncludingFutureContractualInterest</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_UndiscountedOperatingLeasePaymentsToBePaid">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of undiscounted operating lease payments to be paid. Operating lease is a lease that does not transfer substantially all the risks and rewards incidental to ownership of an underlying asset.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_UndiscountedOperatingLeasePaymentsToBePaid</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanThreeYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanThreeYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFiveYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanFiveYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>227
<FILENAME>R198.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147276641656">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Risks and Financial Instruments - Contractual undiscounted cash outflows (Parenthetical) (Detail)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th">
<div>Dec. 31, 2021 </div>
<div>BRL (R$)</div>
</th></tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ugp_TwentyTwentyOneMember', window );">2021 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_TJLPRate', window );">TJLP rate</a></td>
<td class="nump">6.08%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ugp_TwentyTwentyTwoMember', window );">2022 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DiRate', window );">DI rate</a></td>
<td class="nump">11.74%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AverageForeignExchangeRate', window );">Exchange rate of the Real against the U.S. dollar</a></td>
<td class="nump">5.75<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IPCARate', window );">IPCA rate</a></td>
<td class="nump">5.11%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ugp_TwentyTwentyThreeMember', window );">2023 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DiRate', window );">DI rate</a></td>
<td class="nump">10.32%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AverageForeignExchangeRate', window );">Exchange rate of the Real against the U.S. dollar</a></td>
<td class="nump">5.45<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IPCARate', window );">IPCA rate</a></td>
<td class="nump">3.32%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ugp_TwentyTwentyFourMember', window );">2024 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AverageForeignExchangeRate', window );">Exchange rate of the Real against the U.S. dollar</a></td>
<td class="nump">5.1<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IPCARate', window );">IPCA rate</a></td>
<td class="nump">3.10%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ugp_TwentyTwentyFiveMember', window );">2025 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AverageForeignExchangeRate', window );">Exchange rate of the Real against the U.S. dollar</a></td>
<td class="nump">4.9<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_IPCARate', window );">IPCA rate</a></td>
<td class="nump">3.00%<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AverageForeignExchangeRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The average exchange rate used by the entity. Exchange rate is the ratio of exchange for two currencies.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AverageForeignExchangeRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:decimalItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFinancialInstrumentsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DiRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The percentage of DI rate used to calculate interest payment of loans payable.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DiRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_IPCARate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The percentage of IPCA rate used to calculate interest payment of loans payable.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_IPCARate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_TJLPRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The percentage of TJLP rate used to calculate interest payment of loans payable.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_TJLPRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ugp_TwentyTwentyOneMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ugp_TwentyTwentyOneMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ugp_TwentyTwentyTwoMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ugp_TwentyTwentyTwoMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ugp_TwentyTwentyThreeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ugp_TwentyTwentyThreeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ugp_TwentyTwentyFourMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ugp_TwentyTwentyFourMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ugp_TwentyTwentyFiveMember">
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<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ugp_TwentyTwentyFiveMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>228
<FILENAME>R199.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147275141384">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Risks and Financial Instruments - Summary the position of hedging instruments (Detail)<br> R$ in Thousands, $ in Thousands</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
<th class="th" colspan="1"></th>
<th class="th" colspan="2"></th>
</tr>
<tr>
<th class="th" colspan="2">
<div>Dec. 31, 2021 </div>
<div>BRL (R$)</div>
</th>
<th class="th">
<div>Dec. 31, 2021 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Dec. 31, 2020 </div>
<div>BRL (R$)</div>
</th>
<th class="th">
<div>Dec. 31, 2020 </div>
<div>USD ($)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount | $</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 90,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 90,000<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AccountingEstimatesAxis=ugp_DesignatedAsHedgeAccountingMember', window );">Designated as hedge accounting [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue', window );">Fair value</a></td>
<td class="nump">R$ 486,270<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 599,710<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AccountingEstimatesAxis=ugp_DesignatedAsHedgeAccountingMember', window );">Designated as hedge accounting [member] | Foreign exchange swap [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AssetsInterestRateBasis', window );">Rates agreement-assets</a></td>
<td class="text">USD + 4.65 %<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LiabilitiesInterestRateBasis', window );">Rates agreement-liabilities</a></td>
<td class="text">104.87% DI<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Final maturity</a></td>
<td class="text">sep-23<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount | $</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">125,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">185,000<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue', window );">Fair value</a></td>
<td class="nump">R$ 212,510<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">298,889<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AccountingEstimatesAxis=ugp_DesignatedAsHedgeAccountingMember', window );">Designated as hedge accounting [member] | Foreign exchange swap one [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AssetsInterestRateBasis', window );">Rates agreement-assets</a></td>
<td class="text">USD + LIBOR-3M + 1.14%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LiabilitiesInterestRateBasis', window );">Rates agreement-liabilities</a></td>
<td class="text">105.00% DI<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Final maturity</a></td>
<td class="text">jun-22<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount | $</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">50,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">50,000<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue', window );">Fair value</a></td>
<td class="nump">R$ 109,332<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">94,782<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AccountingEstimatesAxis=ugp_DesignatedAsHedgeAccountingMember', window );">Designated as hedge accounting [member] | Interest rate swap contract [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AssetsInterestRateBasis', window );">Rates agreement-assets</a></td>
<td class="text">4.59% + IPCA<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LiabilitiesInterestRateBasis', window );">Rates agreement-liabilities</a></td>
<td class="text">102.00% DI<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Final maturity</a></td>
<td class="text">sep-28<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount</a></td>
<td class="nump">R$ 2,266,054<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">806,054<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue', window );">Fair value</a></td>
<td class="nump">R$ 166,468<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">203,837<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AccountingEstimatesAxis=ugp_DesignatedAsHedgeAccountingMember', window );">Designated as hedge accounting [member] | Interest rate swap contract one [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AssetsInterestRateBasis', window );">Rates agreement-assets</a></td>
<td class="text">6.47%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LiabilitiesInterestRateBasis', window );">Rates agreement-liabilities</a></td>
<td class="text">99.94% DI<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Final maturity</a></td>
<td class="text">nov-24<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount</a></td>
<td class="nump">R$ 90,000<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">90,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue', window );">Fair value</a></td>
<td class="num">R$ (9,044)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">3,498<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AccountingEstimatesAxis=ugp_DesignatedAsHedgeAccountingMember', window );">Designated as hedge accounting [member] | Term [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AssetsInterestRateBasis', window );">Rates agreement-assets</a></td>
<td class="text">BRL<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LiabilitiesInterestRateBasis', window );">Rates agreement-liabilities</a></td>
<td class="text">Heating Oil<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Final maturity</a></td>
<td class="text">jan-22<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount | $</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">120,260<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">42,399<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue', window );">Fair value</a></td>
<td class="nump">R$ 1,302<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(563)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AccountingEstimatesAxis=ugp_DesignatedAsHedgeAccountingMember', window );">Designated as hedge accounting [member] | NDF [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AssetsInterestRateBasis', window );">Rates agreement-assets</a></td>
<td class="text">BRL<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LiabilitiesInterestRateBasis', window );">Rates agreement-liabilities</a></td>
<td class="text">USD<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Final maturity</a></td>
<td class="text">jan-22<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount | $</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">68,361<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">23,124<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue', window );">Fair value</a></td>
<td class="nump">R$ 5,702<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(733)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AccountingEstimatesAxis=ugp_NotDesignatedAsHedgeAccountingMember', window );">Not designated as hedge accounting [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue', window );">Fair value</a></td>
<td class="num">R$ (123,289)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">407,103<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AccountingEstimatesAxis=ugp_NotDesignatedAsHedgeAccountingMember', window );">Not designated as hedge accounting [member] | Foreign exchange swap [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AssetsInterestRateBasis', window );">Rates agreement-assets</a></td>
<td class="text">USD + 0.18%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LiabilitiesInterestRateBasis', window );">Rates agreement-liabilities</a></td>
<td class="text">55.5% DI<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Final maturity</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount | $</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">320,000<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue', window );">Fair value</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">519,260<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AccountingEstimatesAxis=ugp_NotDesignatedAsHedgeAccountingMember', window );">Not designated as hedge accounting [member] | Interest rate swap contract [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AssetsInterestRateBasis', window );">Rates agreement-assets</a></td>
<td class="text">2.67%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LiabilitiesInterestRateBasis', window );">Rates agreement-liabilities</a></td>
<td class="text">100% DI<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Final maturity</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,300,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue', window );">Fair value</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(5)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AccountingEstimatesAxis=ugp_NotDesignatedAsHedgeAccountingMember', window );">Not designated as hedge accounting [member] | Interest rate swap contract one [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AssetsInterestRateBasis', window );">Rates agreement-assets</a></td>
<td class="text">5.25%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LiabilitiesInterestRateBasis', window );">Rates agreement-liabilities</a></td>
<td class="text">DI - 1.36%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Final maturity</a></td>
<td class="text">jun-29<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount</a></td>
<td class="nump">R$ 300,000<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">300,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue', window );">Fair value</a></td>
<td class="num">R$ (126,752)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AccountingEstimatesAxis=ugp_NotDesignatedAsHedgeAccountingMember', window );">Not designated as hedge accounting [member] | NDF [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AssetsInterestRateBasis', window );">Rates agreement-assets</a></td>
<td class="text">USD<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_LiabilitiesInterestRateBasis', window );">Rates agreement-liabilities</a></td>
<td class="text">BRL<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Final maturity</a></td>
<td class="text">jun-22<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount | $</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 625,762<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 378,550<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue', window );">Fair value</a></td>
<td class="nump">R$ 3,463<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">R$ (112,152)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr><td colspan="6"></td></tr>
<tr><td colspan="6"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Currency as indicated.</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsMaturity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The maturity of borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 7<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsMaturity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFinancialInstrumentsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The fair value of financial instruments designated as hedging instruments. Hedging instruments are designated derivatives or (for a hedge of the risk of changes in foreign currency exchange rates only) designated non-derivative financial assets or non-derivative financial liabilities whose fair value or cash flows are expected to offset changes in the fair value or cash flows of a designated hedged item. [Refer: At fair value [member]; Derivatives [member]; Derivative financial assets; Derivative financial liabilities; Financial instruments, class [member]; Financial assets; Financial liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2023-01-01<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 22<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2017-en-b&amp;anchor=para_22_b&amp;doctype=Standard&amp;book=b<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NotionalAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The nominal or face amount of a financial instrument, used to calculate payments made on that instrument.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NotionalAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AssetsInterestRateBasis">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The basis (reference rate) used for calculation of the interest rate on assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AssetsInterestRateBasis</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_LiabilitiesInterestRateBasis">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The basis (reference rate) used for calculation of the interest rate on liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_LiabilitiesInterestRateBasis</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AccountingEstimatesAxis=ugp_DesignatedAsHedgeAccountingMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AccountingEstimatesAxis=ugp_DesignatedAsHedgeAccountingMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=ugp_ForeignExchangeSwapMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=ugp_ForeignExchangeSwapMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=ugp_ForeignExchangeSwapOneMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=ugp_ForeignExchangeSwapOneMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_InterestRateSwapContractMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_InterestRateSwapContractMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=ugp_InterestRateSwapContractOneMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=ugp_InterestRateSwapContractOneMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=ugp_TermMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=ugp_TermMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=ugp_NdfMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=ugp_NdfMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AccountingEstimatesAxis=ugp_NotDesignatedAsHedgeAccountingMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AccountingEstimatesAxis=ugp_NotDesignatedAsHedgeAccountingMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<DESCRIPTION>IDEA: XBRL DOCUMENT
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<head>
<title></title>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147276998488">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Risks and Financial Instruments - Summary of foreign exchange hedging instruments designated as fair value hedge (Detail)<br> R$ in Thousands, $ in Thousands</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th">
<div>Dec. 31, 2021 </div>
<div>BRL (R$)</div>
</th>
<th class="th">
<div>Dec. 31, 2020 </div>
<div>BRL (R$)</div>
</th>
<th class="th">
<div>Dec. 31, 2021 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Dec. 31, 2020 </div>
<div>USD ($)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfHedgeAccountingLineItems', window );"><strong>Disclosure of detailed information about hedges [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount &#8211; US$ | $</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 90,000<span></span>
</td>
<td class="nump">$ 90,000<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognisingHedgeIneffectiveness', window );">Result of hedging instruments - gain/(loss) - R$</a></td>
<td class="num">R$ (10,088)<span></span>
</td>
<td class="nump">R$ 6,528<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_GainLossRelatedToFairValueAdjustmentOfDebt', window );">Fair value adjustment of debt - R$</a></td>
<td class="nump">11,756<span></span>
</td>
<td class="nump">3,250<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InterestExpenseOnFinancialLiabilitiesDesignatedAtFairValueThroughProfitOrLoss', window );">Financial expense in the statements of profit or loss - R$</a></td>
<td class="nump">R$ 5,914<span></span>
</td>
<td class="nump">R$ 8,968<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_PercentageOfAverageEffectiveCost', window );">Average effective cost - DI %</a></td>
<td class="nump">99.90%<span></span>
</td>
<td class="nump">99.90%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=ugp_IpirangaMember', window );">Ipiranga [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfHedgeAccountingLineItems', window );"><strong>Disclosure of detailed information about hedges [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount &#8211; US$ | $</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">188,621<span></span>
</td>
<td class="nump">65,523<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognisingHedgeIneffectiveness', window );">Result of hedging instruments - gain/(loss) - R$</a></td>
<td class="num">R$ (129,670)<span></span>
</td>
<td class="num">R$ (87,448)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_GainLossRelatedToFairValueAdjustmentOfInventories', window );">Fair value adjustment of inventories &#8211; R$</a></td>
<td class="num">(4,352)<span></span>
</td>
<td class="nump">18,468<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgingInstrumentsAxis=ugp_ForeignExchangeHedgingInstrumentsMember', window );">Foreign exchange hedging instruments [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfHedgeAccountingLineItems', window );"><strong>Disclosure of detailed information about hedges [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount &#8211; US$ | $</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">175,000<span></span>
</td>
<td class="nump">235,000<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognisingHedgeIneffectiveness', window );">Result of hedging instruments - gain/(loss) - R$</a></td>
<td class="nump">21,812<span></span>
</td>
<td class="nump">574,378<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_GainLossRelatedToFairValueAdjustmentOfDebt', window );">Fair value adjustment of debt - R$</a></td>
<td class="nump">47,064<span></span>
</td>
<td class="num">(13,131)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InterestExpenseOnFinancialLiabilitiesDesignatedAtFairValueThroughProfitOrLoss', window );">Financial expense in the statements of profit or loss - R$</a></td>
<td class="nump">R$ 105,059<span></span>
</td>
<td class="nump">R$ 597,735<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_PercentageOfAverageEffectiveCost', window );">Average effective cost - DI %</a></td>
<td class="nump">104.90%<span></span>
</td>
<td class="nump">104.10%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgingInstrumentsAxis=ugp_InterestRateHedgingInstrumentsMember', window );">Interest rate hedging instruments [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfHedgeAccountingLineItems', window );"><strong>Disclosure of detailed information about hedges [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount &#8211; US$ | $</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 2,226,054<span></span>
</td>
<td class="nump">$ 806,054<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognisingHedgeIneffectiveness', window );">Result of hedging instruments - gain/(loss) - R$</a></td>
<td class="num">R$ (17,922)<span></span>
</td>
<td class="nump">R$ 67,446<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_GainLossRelatedToFairValueAdjustmentOfDebt', window );">Fair value adjustment of debt - R$</a></td>
<td class="nump">166,374<span></span>
</td>
<td class="num">(18,446)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InterestExpenseOnFinancialLiabilitiesDesignatedAtFairValueThroughProfitOrLoss', window );">Financial expense in the statements of profit or loss - R$</a></td>
<td class="nump">R$ 245,710<span></span>
</td>
<td class="nump">R$ 99,555<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_PercentageOfAverageEffectiveCost', window );">Average effective cost - DI %</a></td>
<td class="nump">102.00%<span></span>
</td>
<td class="nump">95.80%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfHedgeAccountingLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfHedgeAccountingLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognisingHedgeIneffectiveness">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The gain (loss) on the change in fair value of the hedging instrument used as a basis for recognising hedge ineffectiveness. Hedge ineffectiveness is the extent to which the changes in the fair value or the cash flows of the hedging instrument are greater or less than those on the hedged item.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 24A<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_24A_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognisingHedgeIneffectiveness</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InterestExpenseOnFinancialLiabilitiesDesignatedAtFairValueThroughProfitOrLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of interest expense on financial liabilities designated at fair value through profit or loss. [Refer: Interest expense; Financial liabilities at fair value through profit or loss, designated upon initial recognition or subsequently]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InterestExpenseOnFinancialLiabilitiesDesignatedAtFairValueThroughProfitOrLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NotionalAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The nominal or face amount of a financial instrument, used to calculate payments made on that instrument.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NotionalAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_GainLossRelatedToFairValueAdjustmentOfDebt">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of gain (loss) related to fair value adjustment of debt.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_GainLossRelatedToFairValueAdjustmentOfDebt</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_GainLossRelatedToFairValueAdjustmentOfInventories">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of gain (loss) related to fair value adjustment of inventories.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_GainLossRelatedToFairValueAdjustmentOfInventories</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_PercentageOfAverageEffectiveCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The percentage of average effective cost of hedging instruments designated as fair value hedge.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_PercentageOfAverageEffectiveCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentsAxis=ugp_IpirangaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentsAxis=ugp_IpirangaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_HedgingInstrumentsAxis=ugp_ForeignExchangeHedgingInstrumentsMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td>na</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_HedgingInstrumentsAxis=ugp_InterestRateHedgingInstrumentsMember</td>
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<DOCUMENT>
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<FILENAME>R201.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147276522888">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Risks and Financial Instruments - Value of gains (losses) recognized (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgingInstrumentsAxis=ugp_ProfitOrLossMember', window );">Profit or loss [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnHedgingInstrument', window );">Gains (losses) on hedging instruments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">R$ (285,621)<span></span>
</td>
<td class="num">R$ (694,877)<span></span>
</td>
<td class="num">R$ (37,800)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgingInstrumentsAxis=ugp_ProfitOrLossMember', window );">Profit or loss [member] | Currency swaps receivable in U.S. dollars and commodities [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnHedgingInstrument', window );">Gains (losses) on hedging instruments</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="num">(205,680)<span></span>
</td>
<td class="nump">497,210<span></span>
</td>
<td class="nump">230,000<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgingInstrumentsAxis=ugp_ProfitOrLossMember', window );">Profit or loss [member] | Exchange rate derivates payable in U.S. dollars [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnHedgingInstrument', window );">Gains (losses) on hedging instruments</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(330,999)<span></span>
</td>
<td class="num">(1,667)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgingInstrumentsAxis=ugp_ProfitOrLossMember', window );">Profit or loss [member] | Interest rate swaps in R$ [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnHedgingInstrument', window );">Gains (losses) on hedging instruments</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="num">(101,488)<span></span>
</td>
<td class="nump">58,131<span></span>
</td>
<td class="num">(4,035)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgingInstrumentsAxis=ugp_ProfitOrLossMember', window );">Profit or loss [member] | Non-derivative financial instruments [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnHedgingInstrument', window );">Gains (losses) on hedging instruments</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="nump">21,547<span></span>
</td>
<td class="num">(919,219)<span></span>
</td>
<td class="num">(262,098)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgingInstrumentsAxis=ugp_HedgingInstrumentEquityMember', window );">Equity [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnHedgingInstrument', window );">Gains (losses) on hedging instruments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(753,655)<span></span>
</td>
<td class="num">(737,391)<span></span>
</td>
<td class="num">(349,039)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgingInstrumentsAxis=ugp_HedgingInstrumentEquityMember', window );">Equity [member] | Currency swaps receivable in U.S. dollars and commodities [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnHedgingInstrument', window );">Gains (losses) on hedging instruments</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgingInstrumentsAxis=ugp_HedgingInstrumentEquityMember', window );">Equity [member] | Exchange rate derivates payable in U.S. dollars [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnHedgingInstrument', window );">Gains (losses) on hedging instruments</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">80<span></span>
</td>
<td class="num">(80)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgingInstrumentsAxis=ugp_HedgingInstrumentEquityMember', window );">Equity [member] | Interest rate swaps in R$ [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnHedgingInstrument', window );">Gains (losses) on hedging instruments</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgingInstrumentsAxis=ugp_HedgingInstrumentEquityMember', window );">Equity [member] | Non-derivative financial instruments [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnHedgingInstrument', window );">Gains (losses) on hedging instruments</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="num">R$ (753,655)<span></span>
</td>
<td class="num">R$ (737,471)<span></span>
</td>
<td class="num">R$ (348,959)<span></span>
</td>
</tr>
<tr><td colspan="4"></td></tr>
<tr><td colspan="4"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top"><span style="font-family: 'Times New Roman';">D</span><span style="font-family: 'Times New Roman';">oes not consider the effect of exchange rate variation of exchange&#160;</span><span style="font-family: 'Times New Roman';">S</span><span style="font-family: 'Times New Roman';">waps receivable in U</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';">S</span><span style="font-family: 'Times New Roman';">.</span><span style="font-family: 'Times New Roman';">&#160;dollars when this effect is offset in the gain or loss of the hedged item (debt</span><span style="font-family: 'Times New Roman';">/</span><span style="font-family: 'Times New Roman';">firm commitments</span><span style="font-family: 'Times New Roman';">)</span><span style="font-family: 'Times New Roman';">.</span></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top">Considers the designation effect of foreign exchange hedging<span style="font-family: 'Times New Roman';">.</span></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[3]</td>
<td style="vertical-align: top;" valign="top"><span style="font-family: 'Times New Roman';">C</span><span style="font-family: 'Times New Roman';">onsiders&#160;the designation effect of interest rate hedging in Brazilian&#160;Reais</span><span style="font-family: 'Times New Roman';">; and</span></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[4]</td>
<td style="vertical-align: top;" valign="top">Considers the&#160;<span style="font-family: 'Times New Roman';">results</span><span style="font-family: 'Times New Roman';">&#160;of notes in&#160;</span><span style="font-family: 'Times New Roman';">the&#160;</span><span style="font-family: 'Times New Roman';">foreign market</span><span style="font-family: 'Times New Roman';">&#160;(for&#160;</span><span style="font-family: 'Times New Roman';">more</span><span style="font-family: 'Times New Roman';">&#160;information see Note&#160;</span><span>17</span><span style="font-family: 'Times New Roman';">.b).</span></td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFinancialInstrumentsLineItems</td>
</tr>
<tr>
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<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GainsLossesOnHedgingInstrument">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The gains (losses) on hedging instruments in fair value hedges. [Refer: Fair value hedges [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2023-01-01<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 24<br> -Subparagraph a<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2017-en-b&amp;anchor=para_24_a_i&amp;doctype=Standard&amp;book=b<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GainsLossesOnHedgingInstrument</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_HedgingInstrumentsAxis=ugp_ProfitOrLossMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_HedgingInstrumentsAxis=ugp_ProfitOrLossMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_HedgingInstrumentRatesAxis=ugp_ExchangeRateSwapReceivableInUSDollarsAndCommoditiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_HedgingInstrumentRatesAxis=ugp_ExchangeRateSwapReceivableInUSDollarsAndCommoditiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_HedgingInstrumentRatesAxis=ugp_ExchangeRateDerivatesPayableInUSDollarsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_HedgingInstrumentRatesAxis=ugp_ExchangeRateDerivatesPayableInUSDollarsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_HedgingInstrumentRatesAxis=ugp_InterestRateSwapsBrlMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_HedgingInstrumentRatesAxis=ugp_InterestRateSwapsBrlMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_HedgingInstrumentRatesAxis=ugp_NonDerivativeFinancialInstrumentsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_HedgingInstrumentRatesAxis=ugp_NonDerivativeFinancialInstrumentsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_HedgingInstrumentsAxis=ugp_HedgingInstrumentEquityMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_HedgingInstrumentsAxis=ugp_HedgingInstrumentEquityMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>231
<FILENAME>R202.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147300624680">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Risks and Financial Instruments - Fair values and the carrying values of the financial instruments (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Financial assets, carrying value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 8,900,502<span></span>
</td>
<td class="nump">R$ 13,031,666<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Financial assets, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">8,822,844<span></span>
</td>
<td class="nump">13,007,571<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Financial liabilities, carrying value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">23,567,204<span></span>
</td>
<td class="nump">23,336,595<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValue', window );">Financial liabilities, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 23,732,653<span></span>
</td>
<td class="nump">R$ 23,998,204<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_CashAndBankDepositsMember', window );">Cash and bank [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CategoryOfFinancialAssetsAndLiabilities', window );">Category</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Measured at amortized cost<span></span>
</td>
<td class="text">Measured at amortized cost<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Financial assets, carrying value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 334,547<span></span>
</td>
<td class="nump">R$ 405,081<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Financial assets, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 334,547<span></span>
</td>
<td class="nump">R$ 405,081<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_FinancialInvestmentsLocalCurrencyMember', window );">Financial investments local currency [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CategoryOfFinancialAssetsAndLiabilities', window );">Category</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Measured at fair value through other comprehensive income<span></span>
</td>
<td class="text">Measured at fair value through other comprehensive income<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Financial assets, carrying value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 1,943,164<span></span>
</td>
<td class="nump">R$ 2,241,852<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Financial assets, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 1,943,164<span></span>
</td>
<td class="nump">R$ 2,241,852<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_FinancialInvestmentsForeignCurrencyMember', window );">Financial investments foreign currency [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CategoryOfFinancialAssetsAndLiabilities', window );">Category</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Measured at fair value through profit or loss<span></span>
</td>
<td class="text">Measured at fair value through profit or loss<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Financial assets, carrying value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 2,363<span></span>
</td>
<td class="nump">R$ 14,561<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Financial assets, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 2,363<span></span>
</td>
<td class="nump">R$ 14,561<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_FixedIncomeSecuritiesLocalCurrency1Member', window );">Fixed-income securities and funds in local currency1 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CategoryOfFinancialAssetsAndLiabilities', window );">Category</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Measured at fair value through profit or loss<span></span>
</td>
<td class="text">Measured at fair value through profit or loss<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Financial assets, carrying value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 1,607,608<span></span>
</td>
<td class="nump">R$ 3,643,286<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Financial assets, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 1,607,608<span></span>
</td>
<td class="nump">R$ 3,643,286<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_FixedIncomeSecuritiesLocalCurrency2Member', window );">Fixed-income securities and funds in local currency 2 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CategoryOfFinancialAssetsAndLiabilities', window );">Category</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Measured at fair value through other comprehensive income<span></span>
</td>
<td class="text">Measured at fair value through other comprehensive income<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Financial assets, carrying value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="nump">R$ 31,315<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Financial assets, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="nump">R$ 31,315<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_FixedIncomeSecuritiesLocalCurrency3Member', window );">Fixed-income securities (guarantee of loans) [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CategoryOfFinancialAssetsAndLiabilities', window );">Category</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Measured at amortized cost<span></span>
</td>
<td class="text">Measured at amortized cost<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Financial assets, carrying value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="nump">R$ 75,251<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Financial assets, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="nump">R$ 75,251<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_FixedIncomeSecuritiesForeignCurrencyMember', window );">Fixed-income securities and funds in foreign currency [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CategoryOfFinancialAssetsAndLiabilities', window );">Category</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Measured at fair value through other comprehensive income<span></span>
</td>
<td class="text">Measured at fair value through other comprehensive income<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Financial assets, carrying value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 103,239<span></span>
</td>
<td class="nump">R$ 1,278,940<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Financial assets, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 103,239<span></span>
</td>
<td class="nump">R$ 1,278,940<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_CurrencyInterestRateHedgingInstrumentsMember', window );">Currency and interest rate hedging and commodities instruments [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CategoryOfFinancialAssetsAndLiabilities', window );">Category</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Measured at fair value through profit or loss<span></span>
</td>
<td class="text">Measured at fair value through profit or loss<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Financial assets, carrying value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 472,552<span></span>
</td>
<td class="nump">R$ 981,874<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Financial assets, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 472,552<span></span>
</td>
<td class="nump">R$ 981,874<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ifrs-full_TradeReceivablesMember', window );">Trade Receivables [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CategoryOfFinancialAssetsAndLiabilities', window );">Category</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Measured at amortized cost<span></span>
</td>
<td class="text">Measured at amortized cost<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Financial assets, carrying value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 3,438,995<span></span>
</td>
<td class="nump">R$ 3,391,122<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Financial assets, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 3,367,012<span></span>
</td>
<td class="nump">R$ 3,369,766<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_ResellerFinancingMember', window );">Reseller Financing [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CategoryOfFinancialAssetsAndLiabilities', window );">Category</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Measured at amortized cost<span></span>
</td>
<td class="text">Measured at amortized cost<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Financial assets, carrying value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 998,034<span></span>
</td>
<td class="nump">R$ 968,384<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Financial assets, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 992,359<span></span>
</td>
<td class="nump">R$ 965,645<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_Financing1Member', window );">Financing 1 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CategoryOfFinancialAssetsAndLiabilities', window );">Category</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Measured at fair value through profit or loss<span></span>
</td>
<td class="text">Measured at fair value through profit or loss<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Financial liabilities, carrying value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 1,011,374<span></span>
</td>
<td class="nump">R$ 1,308,928<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValue', window );">Financial liabilities, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 1,011,374<span></span>
</td>
<td class="nump">R$ 1,308,928<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_Financing2Member', window );">Financing 2 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CategoryOfFinancialAssetsAndLiabilities', window );">Category</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Measured at amortized cost<span></span>
</td>
<td class="text">Measured at amortized cost<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Financial liabilities, carrying value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 8,082,323<span></span>
</td>
<td class="nump">R$ 9,406,013<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValue', window );">Financial liabilities, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 8,380,088<span></span>
</td>
<td class="nump">R$ 10,186,947<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_DebenturesMember', window );">Debentures [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CategoryOfFinancialAssetsAndLiabilities', window );">Category</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Measured at amortized cost<span></span>
</td>
<td class="text">Measured at amortized cost<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Financial liabilities, carrying value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 4,599,525<span></span>
</td>
<td class="nump">R$ 5,450,751<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValue', window );">Financial liabilities, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 4,529,439<span></span>
</td>
<td class="nump">R$ 5,363,621<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_Debentures1Member', window );">Debentures 1 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CategoryOfFinancialAssetsAndLiabilities', window );">Category</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Measured at fair value through profit or loss<span></span>
</td>
<td class="text">Measured at fair value through profit or loss<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Financial liabilities, carrying value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 2,487,244<span></span>
</td>
<td class="nump">R$ 1,093,365<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValue', window );">Financial liabilities, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 2,487,244<span></span>
</td>
<td class="nump">R$ 1,093,365<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ifrs-full_LeaseLiabilitiesMember', window );">Lease payable [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CategoryOfFinancialAssetsAndLiabilities', window );">Category</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Measured at amortized cost<span></span>
</td>
<td class="text">Measured at amortized cost<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Financial liabilities, carrying value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 1,348,311<span></span>
</td>
<td class="nump">R$ 1,833,288<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValue', window );">Financial liabilities, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 1,348,311<span></span>
</td>
<td class="nump">R$ 1,833,288<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_CommoditiesCurrencyAndInterestRateHedgingInstrumentsMember', window );">Commodities, currency and interest rate hedging instruments [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CategoryOfFinancialAssetsAndLiabilities', window );">Category</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Measured at fair value through profit or loss<span></span>
</td>
<td class="text">Measured at fair value through profit or loss<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Financial liabilities, carrying value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 197,177<span></span>
</td>
<td class="nump">R$ 117,159<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValue', window );">Financial liabilities, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 197,177<span></span>
</td>
<td class="nump">R$ 117,159<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_TradePayableMember', window );">Trade payables [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CategoryOfFinancialAssetsAndLiabilities', window );">Category</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Measured at amortized cost<span></span>
</td>
<td class="text">Measured at amortized cost<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Financial liabilities, carrying value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 5,789,954<span></span>
</td>
<td class="nump">R$ 4,040,652<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValue', window );">Financial liabilities, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 5,727,724<span></span>
</td>
<td class="nump">R$ 4,008,457<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_SubscriptionWarrantsIndemnificationMember', window );">Subscription warrants - indemnification [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CategoryOfFinancialAssetsAndLiabilities', window );">Category</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">Measured at fair value through profit or loss<span></span>
</td>
<td class="text">Measured at fair value through profit or loss<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Financial liabilities, carrying value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 51,296<span></span>
</td>
<td class="nump">R$ 86,439<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValue', window );">Financial liabilities, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">R$ 51,296<span></span>
</td>
<td class="nump">R$ 86,439<span></span>
</td>
</tr>
<tr><td colspan="3"></td></tr>
<tr><td colspan="3"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top"><span style="font-family: 'Times New Roman';">Refers to subscription warrants issued by the Company in the&#160;Extrafarma&#160;acquisition.</span></td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFinancialInstrumentsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr>
<td><strong> Balance Type:</strong></td>
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</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinancialAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of assets that are: (a) cash; (b) an equity instrument of another entity; (c) a contractual right: (i) to receive cash or another financial asset from another entity; or (ii) to exchange financial assets or financial liabilities with another entity under conditions that are potentially favourable to the entity; or (d) a contract that will, or may be, settled in the entity&#8217;s own equity instruments and is: (i) a non-derivative for which the entity is, or may be, obliged to receive a variable number of the entity&#8217;s own equity instruments; or (ii) a derivative that will, or may be, settled other than by the exchange of a fixed amount of cash or another financial asset for a fixed number of the entity&#8217;s own equity instruments. For this purpose the entity&#8217;s own equity instruments do not include puttable financial instruments classified as equity instruments in accordance with paragraphs 16A-16B of IAS 32, instruments that impose on the entity an obligation to deliver to another party a pro rata share of the net assets of the entity only on liquidation and are classified as equity instruments in accordance with paragraphs 16C-16D of IAS 32, or instruments that are contracts for the future receipt or delivery of the entity&#8217;s own equity instruments. [Refer: Financial instruments, class [member]; Financial liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 25<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_25&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 35H<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_35H&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 35I<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_35I&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 35M<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_35M&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 35N<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_35N&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinancialAssets</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
<td>debit</td>
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<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinancialAssetsAtFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The fair value of financial assets. [Refer: At fair value [member]; Financial assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 25<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_25&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinancialAssetsAtFairValue</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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</tr>
</table></div>
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</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinancialLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities that are: (a) a contractual obligation: (i) to deliver cash or another financial asset to another entity; or (ii) to exchange financial assets or financial liabilities with another entity under conditions that are potentially unfavourable to the entity; or (b) a contract that will, or may be, settled in the entity&#8217;s own equity instruments and is: (i) a non-derivative for which the entity is, or may be, obliged to deliver a variable number of the entity&#8217;s own equity instruments; or (ii) a derivative that will, or may be, settled other than by the exchange of a fixed amount of cash or another financial asset for a fixed number of the entity&#8217;s own equity instruments. For this purpose, rights, options or warrants to acquire a fixed number of the entity&#8217;s own equity instruments for a fixed amount of any currency are equity instruments if the entity offers the rights, options or warrants pro rata to all of its existing owners of the same class of its own non-derivative equity instruments. Also, for those purposes the entity&#8217;s own equity instruments do not include puttable financial instruments that are classified as equity instruments in accordance with paragraphs 16A-16B of IAS 32, instruments that impose on the entity an obligation to deliver to another party a pro rata share of the net assets of the entity only on liquidation and are classified as equity instruments in accordance with paragraphs 16C-16D of IAS 32, or instruments that are contracts for the future receipt or delivery of the entity&#8217;s own equity instruments. As an exception, an instrument that meets the definition of a financial liability is classified as an equity instrument if it has all the features and meets the conditions in paragraphs 16A-16B or paragraphs 16C-16D of IAS 32. [Refer: Financial instruments, class [member]; Financial assets; Derivatives [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 25<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_25&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinancialLiabilities</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr>
<td><strong> Data Type:</strong></td>
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<tr>
<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinancialLiabilitiesAtFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The fair value of financial liabilities. [Refer: At fair value [member]; Financial liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 25<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_25&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_CategoryOfFinancialAssetsAndLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of category of financial assets and liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_CashAndBankDepositsMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
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<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_FinancialInvestmentsLocalCurrencyMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td>na</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Data Type:</strong></td>
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<td></td>
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<td></td>
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<td>na</td>
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<td><strong> Balance Type:</strong></td>
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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>232
<FILENAME>R203.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147261030408">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Risks and Financial Instruments - Summary of the financial assets and financial liabilities measured at fair value (Detail) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Financial assets, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 8,822,844<span></span>
</td>
<td class="nump">R$ 13,007,571<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValue', window );">Financial liabilities, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 23,732,653<span></span>
</td>
<td class="nump">R$ 23,998,204<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_CashAndBankDepositsMember', window );">Cash and bank [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CategoryOfFinancialAssetsAndLiabilities', window );">Category</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Measured at amortized cost<span></span>
</td>
<td class="text">Measured at amortized cost<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Financial assets, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 334,547<span></span>
</td>
<td class="nump">R$ 405,081<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_CashAndBankDepositsMember', window );">Cash and bank [member] | Level 1 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Financial assets, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_CashAndBankDepositsMember', window );">Cash and bank [member] | Level 2 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Financial assets, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_FinancialInvestmentsLocalCurrencyMember', window );">Financial investments in local currency [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CategoryOfFinancialAssetsAndLiabilities', window );">Category</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Measured at fair value through other comprehensive income<span></span>
</td>
<td class="text">Measured at fair value through other comprehensive income<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Financial assets, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 1,943,164<span></span>
</td>
<td class="nump">R$ 2,241,852<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_FinancialInvestmentsLocalCurrencyMember', window );">Financial investments in local currency [member] | Level 1 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Financial assets, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_FinancialInvestmentsLocalCurrencyMember', window );">Financial investments in local currency [member] | Level 2 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Financial assets, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 1,943,164<span></span>
</td>
<td class="nump">R$ 2,241,852<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_FinancialInvestmentsForeignCurrencyMember', window );">Financial investments in foreign currency [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CategoryOfFinancialAssetsAndLiabilities', window );">Category</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Measured at fair value through profit or loss<span></span>
</td>
<td class="text">Measured at fair value through profit or loss<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Financial assets, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 2,363<span></span>
</td>
<td class="nump">R$ 14,561<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_FinancialInvestmentsForeignCurrencyMember', window );">Financial investments in foreign currency [member] | Level 1 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Financial assets, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,363<span></span>
</td>
<td class="nump">14,561<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_FinancialInvestmentsForeignCurrencyMember', window );">Financial investments in foreign currency [member] | Level 2 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Financial assets, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_FixedIncomeSecuritiesLocalCurrency1Member', window );">Fixed-income securities and funds in local currency1 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CategoryOfFinancialAssetsAndLiabilities', window );">Category</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Measured at fair value through profit or loss<span></span>
</td>
<td class="text">Measured at fair value through profit or loss<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Financial assets, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 1,607,608<span></span>
</td>
<td class="nump">R$ 3,643,286<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_FixedIncomeSecuritiesLocalCurrency1Member', window );">Fixed-income securities and funds in local currency1 [member] | Level 1 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Financial assets, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,607,608<span></span>
</td>
<td class="nump">3,643,286<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_FixedIncomeSecuritiesLocalCurrency1Member', window );">Fixed-income securities and funds in local currency1 [member] | Level 2 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Financial assets, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_FixedIncomeSecuritiesLocalCurrency2Member', window );">Fixed-income securities and funds in local currency 2 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CategoryOfFinancialAssetsAndLiabilities', window );">Category</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Measured at fair value through other comprehensive income<span></span>
</td>
<td class="text">Measured at fair value through other comprehensive income<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Financial assets, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="nump">R$ 31,315<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_FixedIncomeSecuritiesLocalCurrency2Member', window );">Fixed-income securities and funds in local currency 2 [member] | Level 1 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Financial assets, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_FixedIncomeSecuritiesLocalCurrency2Member', window );">Fixed-income securities and funds in local currency 2 [member] | Level 2 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Financial assets, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 31,315<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_FixedIncomeSecuritiesLocalCurrency3Member', window );">Fixed-income securities (guarantee of loans) [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CategoryOfFinancialAssetsAndLiabilities', window );">Category</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Measured at amortized cost<span></span>
</td>
<td class="text">Measured at amortized cost<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Financial assets, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="nump">R$ 75,251<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_FixedIncomeSecuritiesLocalCurrency3Member', window );">Fixed-income securities (guarantee of loans) [member] | Level 1 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Financial assets, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_FixedIncomeSecuritiesLocalCurrency3Member', window );">Fixed-income securities (guarantee of loans) [member] | Level 2 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Financial assets, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_FixedIncomeSecuritiesForeignCurrencyMember', window );">Fixed-income securities and funds in foreign currency [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CategoryOfFinancialAssetsAndLiabilities', window );">Category</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Measured at fair value through other comprehensive income<span></span>
</td>
<td class="text">Measured at fair value through other comprehensive income<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Financial assets, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 103,239<span></span>
</td>
<td class="nump">R$ 1,278,940<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_FixedIncomeSecuritiesForeignCurrencyMember', window );">Fixed-income securities and funds in foreign currency [member] | Level 1 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Financial assets, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="nump">30,245<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_FixedIncomeSecuritiesForeignCurrencyMember', window );">Fixed-income securities and funds in foreign currency [member] | Level 2 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Financial assets, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 103,239<span></span>
</td>
<td class="nump">R$ 1,248,695<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_CurrencyInterestRateHedgingInstrumentsMember', window );">Currency and interest rate hedging and commodities instruments [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CategoryOfFinancialAssetsAndLiabilities', window );">Category</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Measured at fair value through profit or loss<span></span>
</td>
<td class="text">Measured at fair value through profit or loss<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Financial assets, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 472,552<span></span>
</td>
<td class="nump">R$ 981,874<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_CurrencyInterestRateHedgingInstrumentsMember', window );">Currency and interest rate hedging and commodities instruments [member] | Level 1 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Financial assets, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_CurrencyInterestRateHedgingInstrumentsMember', window );">Currency and interest rate hedging and commodities instruments [member] | Level 2 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Financial assets, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 472,552<span></span>
</td>
<td class="nump">R$ 981,874<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ifrs-full_TradeReceivablesMember', window );">Trade Receivables [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CategoryOfFinancialAssetsAndLiabilities', window );">Category</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Measured at amortized cost<span></span>
</td>
<td class="text">Measured at amortized cost<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Financial assets, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 3,367,012<span></span>
</td>
<td class="nump">R$ 3,369,766<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ifrs-full_TradeReceivablesMember', window );">Trade Receivables [member] | Level 1 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Financial assets, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ifrs-full_TradeReceivablesMember', window );">Trade Receivables [member] | Level 2 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Financial assets, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_ResellerFinancingMember', window );">Reseller Financing [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CategoryOfFinancialAssetsAndLiabilities', window );">Category</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Measured at amortized cost<span></span>
</td>
<td class="text">Measured at amortized cost<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Financial assets, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 992,359<span></span>
</td>
<td class="nump">R$ 965,645<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_ResellerFinancingMember', window );">Reseller Financing [member] | Level 1 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Financial assets, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_ResellerFinancingMember', window );">Reseller Financing [member] | Level 2 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Financial assets, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_Financing1Member', window );">Financing 1 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CategoryOfFinancialAssetsAndLiabilities', window );">Category</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Measured at fair value through profit or loss<span></span>
</td>
<td class="text">Measured at fair value through profit or loss<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValue', window );">Financial liabilities, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 1,011,374<span></span>
</td>
<td class="nump">R$ 1,308,928<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_Financing1Member', window );">Financing 1 [member] | Level 1 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValue', window );">Financial liabilities, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_Financing1Member', window );">Financing 1 [member] | Level 2 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValue', window );">Financial liabilities, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 1,011,374<span></span>
</td>
<td class="nump">R$ 1,308,928<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_Financing2Member', window );">Financing 2 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CategoryOfFinancialAssetsAndLiabilities', window );">Category</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Measured at amortized cost<span></span>
</td>
<td class="text">Measured at amortized cost<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValue', window );">Financial liabilities, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 8,380,088<span></span>
</td>
<td class="nump">R$ 10,186,947<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_Financing2Member', window );">Financing 2 [member] | Level 1 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValue', window );">Financial liabilities, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_Financing2Member', window );">Financing 2 [member] | Level 2 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValue', window );">Financial liabilities, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_DebenturesMember', window );">Debentures [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CategoryOfFinancialAssetsAndLiabilities', window );">Category</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Measured at amortized cost<span></span>
</td>
<td class="text">Measured at amortized cost<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValue', window );">Financial liabilities, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 4,529,439<span></span>
</td>
<td class="nump">R$ 5,363,621<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_DebenturesMember', window );">Debentures [member] | Level 1 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValue', window );">Financial liabilities, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_DebenturesMember', window );">Debentures [member] | Level 2 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValue', window );">Financial liabilities, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_Debentures1Member', window );">Debentures 1 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CategoryOfFinancialAssetsAndLiabilities', window );">Category</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Measured at fair value through profit or loss<span></span>
</td>
<td class="text">Measured at fair value through profit or loss<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValue', window );">Financial liabilities, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 2,487,244<span></span>
</td>
<td class="nump">R$ 1,093,365<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_Debentures1Member', window );">Debentures 1 [member] | Level 1 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValue', window );">Financial liabilities, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_Debentures1Member', window );">Debentures 1 [member] | Level 2 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValue', window );">Financial liabilities, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 2,487,244<span></span>
</td>
<td class="nump">R$ 1,093,365<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ifrs-full_LeaseLiabilitiesMember', window );">Lease payable [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CategoryOfFinancialAssetsAndLiabilities', window );">Category</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Measured at amortized cost<span></span>
</td>
<td class="text">Measured at amortized cost<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValue', window );">Financial liabilities, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 1,348,311<span></span>
</td>
<td class="nump">R$ 1,833,288<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ifrs-full_LeaseLiabilitiesMember', window );">Lease payable [member] | Level 1 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValue', window );">Financial liabilities, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ifrs-full_LeaseLiabilitiesMember', window );">Lease payable [member] | Level 2 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValue', window );">Financial liabilities, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_CommoditiesCurrencyAndInterestRateHedgingInstrumentsMember', window );">Commodities, currency and interest rate hedging instruments [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CategoryOfFinancialAssetsAndLiabilities', window );">Category</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Measured at fair value through profit or loss<span></span>
</td>
<td class="text">Measured at fair value through profit or loss<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValue', window );">Financial liabilities, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 197,177<span></span>
</td>
<td class="nump">R$ 117,159<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_CommoditiesCurrencyAndInterestRateHedgingInstrumentsMember', window );">Commodities, currency and interest rate hedging instruments [member] | Level 1 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValue', window );">Financial liabilities, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_CommoditiesCurrencyAndInterestRateHedgingInstrumentsMember', window );">Commodities, currency and interest rate hedging instruments [member] | Level 2 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValue', window );">Financial liabilities, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 197,177<span></span>
</td>
<td class="nump">R$ 117,159<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_TradePayableMember', window );">Trade payables [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CategoryOfFinancialAssetsAndLiabilities', window );">Category</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Measured at amortized cost<span></span>
</td>
<td class="text">Measured at amortized cost<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValue', window );">Financial liabilities, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 5,727,724<span></span>
</td>
<td class="nump">R$ 4,008,457<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_TradePayableMember', window );">Trade payables [member] | Level 1 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValue', window );">Financial liabilities, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_TradePayableMember', window );">Trade payables [member] | Level 2 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValue', window );">Financial liabilities, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_SubscriptionWarrantsIndemnificationMember', window );">Subscription warrants - indemnification [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CategoryOfFinancialAssetsAndLiabilities', window );">Category</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">Measured at fair value through profit or loss<span></span>
</td>
<td class="text">Measured at fair value through profit or loss<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValue', window );">Financial liabilities, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">R$ 51,296<span></span>
</td>
<td class="nump">R$ 86,439<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_SubscriptionWarrantsIndemnificationMember', window );">Subscription warrants - indemnification [member] | Level 1 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValue', window );">Financial liabilities, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_SubscriptionWarrantsIndemnificationMember', window );">Subscription warrants - indemnification [member] | Level 2 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValue', window );">Financial liabilities, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">R$ 51,296<span></span>
</td>
<td class="nump">R$ 86,439<span></span>
</td>
</tr>
<tr><td colspan="3"></td></tr>
<tr><td colspan="3"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top"><span style="font-family: 'Times New Roman';">Refers to subscription warrants issued by the Company in the&#160;Extrafarma&#160;acquisition.</span></td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFinancialInstrumentsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinancialAssetsAtFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The fair value of financial assets. [Refer: At fair value [member]; Financial assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 25<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_25&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinancialAssetsAtFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinancialLiabilitiesAtFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The fair value of financial liabilities. [Refer: At fair value [member]; Financial liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 25<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_25&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinancialLiabilitiesAtFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_CategoryOfFinancialAssetsAndLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of category of financial assets and liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_CategoryOfFinancialAssetsAndLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_CashAndBankDepositsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_CashAndBankDepositsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level1OfFairValueHierarchyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level1OfFairValueHierarchyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level2OfFairValueHierarchyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level2OfFairValueHierarchyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ugp_FinancialInvestmentsLocalCurrencyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
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</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>233
<FILENAME>R204.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147273751304">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Risks and Financial Instruments - Changes in exchange rate (Detail) - Scenario Base [member]<br> R$ in Thousands</strong></div></th>
<th class="th">
<div>Dec. 31, 2021 </div>
<div>BRL (R$)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CurrencySwapsReceivableInUSDollarsAbstract', window );"><strong>Currency swaps receivable in U.S. dollars</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_USDollarToRealSwaps', window );">U.S. Dollar / Real swaps</a></td>
<td class="nump">R$ 137,304<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DebtsFirmCommitmentsInDollars', window );">Debts / firm commitments in dollars</a></td>
<td class="num">(137,301)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_USDollarToRealSwapsNetEffect', window );">Net effect</a></td>
<td class="nump">3<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CurrencySwapsPayableInUSDollarsAbstract', window );"><strong>Currency swaps payable in U.S. dollars</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_RealToUsDollarSwaps', window );">Real / U.S. Dollar swaps</a></td>
<td class="nump">49,935,747<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_GrossMarginOfOxitenoIpirangaSwapPayable', window );">Gross margin of Oxiteno/Ipiranga</a></td>
<td class="num">(49,935,747)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_RealToUsDollarSwapsNetEffect', window );">Net effect</a></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowHedgesAbstract', window );"><strong>Cash Flow Hedge</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CashFlowHedgedItemAssets', window );">Cash Flow Hedge</a></td>
<td class="nump">528,360<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CashFlowHedgedItemLiabilities', window );">Debts</a></td>
<td class="num">(528,360)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReserveOfCashFlowHedgesContinuingHedges', window );">Cash Flow Hedge, Net effect in equity</a></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgesOfNetInvestmentsInForeignOperationsAbstract', window );"><strong>Net Investment hedge in foreign entities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NetInvestmentHedgedItemAssets', window );">Net Investment Hedge</a></td>
<td class="nump">252,423<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NetInvestmentHedgedItemLiabilities', window );">Debts</a></td>
<td class="num">(252,423)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReserveOfGainsAndLossesOnHedgingInstrumentsThatHedgeInvestmentsInEquityInstruments', window );">Net Investment hedge in foreign entities, Net effect in equity</a></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_InterestRateSwapInBrazilianReaisDebenturesCRAAbstract', window );"><strong>Interest rate swap (Real) - Debentures - CRA</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_FixedRateSwapDI', window );">Fixed rate swap - DI</a></td>
<td class="num">(20,053,149)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_FixedRateDebt', window );">Fixed rate debt</a></td>
<td class="nump">20,053,149<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_FixedRateSwapNetEffect', window );">Net effect</a></td>
<td class="text"> <span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowHedgesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowHedgesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_HedgesOfNetInvestmentsInForeignOperationsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_HedgesOfNetInvestmentsInForeignOperationsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ReserveOfCashFlowHedgesContinuingHedges">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>A component of equity representing the reserve of cash flow hedges in relation to continuing hedges. [Refer: Reserve of cash flow hedges]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 24B<br> -Subparagraph b<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_24B_b_ii&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ReserveOfCashFlowHedgesContinuingHedges</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ReserveOfGainsAndLossesOnHedgingInstrumentsThatHedgeInvestmentsInEquityInstruments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>A component of equity representing the accumulated gains and losses on hedging instruments that hedge investments in equity instruments that the entity has designated at fair value through other comprehensive income.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ReserveOfGainsAndLossesOnHedgingInstrumentsThatHedgeInvestmentsInEquityInstruments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_CashFlowHedgedItemAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of a cash flow hedged item, recognised as an asset.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_CashFlowHedgedItemAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_CashFlowHedgedItemLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of a cash flow hedged item, recognised as a liability.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_CashFlowHedgedItemLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_CurrencySwapsPayableInUSDollarsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Currency swaps payable in us dollars.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_CurrencySwapsPayableInUSDollarsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_CurrencySwapsReceivableInUSDollarsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Currency swaps receivable in us dollars.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_CurrencySwapsReceivableInUSDollarsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DebtsFirmCommitmentsInDollars">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of Debts / firm commitments in dollars.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DebtsFirmCommitmentsInDollars</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_FixedRateDebt">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of fixed rate debt related to interest rate swap.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_FixedRateDebt</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_FixedRateSwapDI">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of fixed rate swap of DI related to interest rate swap.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_FixedRateSwapDI</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_FixedRateSwapNetEffect">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of fixed rate swap net effect related to interest rate swap.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_FixedRateSwapNetEffect</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_GrossMarginOfOxitenoIpirangaSwapPayable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of gross margin of Oxiteno and Ipiranga related to currency swap payable.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_GrossMarginOfOxitenoIpirangaSwapPayable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_InterestRateSwapInBrazilianReaisDebenturesCRAAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Interest rate swap in brazilian reais debentures cra.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_InterestRateSwapInBrazilianReaisDebenturesCRAAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_NetInvestmentHedgedItemAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of a net investment hedged item, recognised as an asset.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_NetInvestmentHedgedItemAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_NetInvestmentHedgedItemLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of a net investment hedged item, recognised as a liability.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_NetInvestmentHedgedItemLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_RealToUsDollarSwaps">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of currency swaps payable from Real / U.S. Dollar swaps.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_RealToUsDollarSwaps</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_RealToUsDollarSwapsNetEffect">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of currency swaps payable from Real to US Dollar swaps net effect.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_RealToUsDollarSwapsNetEffect</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_USDollarToRealSwaps">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of currency swaps receivable from U.S. Dollar/ Real swaps.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_USDollarToRealSwaps</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_USDollarToRealSwapsNetEffect">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of currency swaps receivable from U.S. Dollar to Real swaps net effect.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_USDollarToRealSwapsNetEffect</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ScenarioAxis=ugp_ScenarioMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ScenarioAxis=ugp_ScenarioMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>234
<FILENAME>R205.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147272259112">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Commitments - Contracts (Detail)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2021</div></th></tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfContractsAxis=ugp_CargoContractOneMember', window );">Cargo contract one [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfContractCommitmentsLineItems', window );"><strong>Summary of contract commitments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CargoPort', window );">Port</a></td>
<td class="text">Aratu<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_MinimumCargoMovementPerYear', window );">Minimum movement in tons per years</a></td>
<td class="text">900,000<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CargoAgreementMaturity', window );">Maturity</a></td>
<td class="text">2022<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfContractsAxis=ugp_CargoContractTwoMember', window );">Cargo contract two [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfContractCommitmentsLineItems', window );"><strong>Summary of contract commitments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CargoPort', window );">Port</a></td>
<td class="text">Suape<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_MinimumCargoMovementPerYear', window );">Minimum movement in tons per years</a></td>
<td class="text">250,000<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CargoAgreementMaturity', window );">Maturity</a></td>
<td class="text">2027<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfContractsAxis=ugp_CargoContractThreeMember', window );">Cargo contract three [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfContractCommitmentsLineItems', window );"><strong>Summary of contract commitments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CargoPort', window );">Port</a></td>
<td class="text">Suape<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_MinimumCargoMovementPerYear', window );">Minimum movement in tons per years</a></td>
<td class="text">400,000<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CargoAgreementMaturity', window );">Maturity</a></td>
<td class="text">2029<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfContractsAxis=ugp_CargoContractFourMember', window );">Cargo contract four [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfContractCommitmentsLineItems', window );"><strong>Summary of contract commitments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CargoPort', window );">Port</a></td>
<td class="text">Aratu<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_MinimumCargoMovementPerYear', window );">Minimum movement in tons per years</a></td>
<td class="text">465,403<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CargoAgreementMaturity', window );">Maturity</a></td>
<td class="text">2031<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfContractsAxis=ugp_CargoContractFiveMember', window );">Cargo contract five [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_SummaryOfContractCommitmentsLineItems', window );"><strong>Summary of contract commitments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CargoPort', window );">Port</a></td>
<td class="text">Itaqui<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_MinimumCargoMovementPerYear', window );">Minimum movement in tons per years</a></td>
<td class="text">1,222,377<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CargoAgreementMaturity', window );">Maturity</a></td>
<td class="text">2049<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_CargoAgreementMaturity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of operating lease maturity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_CargoAgreementMaturity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_CargoPort">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of cargo port.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_CargoPort</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_MinimumCargoMovementPerYear">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of minimum cargo movement commitment in tons per years.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_MinimumCargoMovementPerYear</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_SummaryOfContractCommitmentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Summary of contract commitments.</p></div>
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<td><strong> Name:</strong></td>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147268564776">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Commitments - Additional Information (Detail)<br> R$ in Thousands</strong></div></th>
<th class="th">
<div>Apr. 09, 2021 </div>
<div>BRL (R$) </div>
<div>m&#179;</div>
</th>
<th class="th">
<div>Apr. 05, 2019 </div>
<div>Item </div>
<div>m&#179;</div>
</th>
<th class="th">
<div>Mar. 22, 2019 </div>
<div>BRL (R$) </div>
<div>Item </div>
<div>m&#179;</div>
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<th class="th">
<div>Dec. 31, 2021 </div>
<div>BRL (R$) </div>
<div>m&#179; </div>
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<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfCommitmentsAndContingenciesLineItems', window );"><strong>Disclosure of commitments and contingencies [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ContractualCapitalCommitments', window );">Obligations regarding minimum purchase limits | R$</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="nump">R$ 0<span></span>
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</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ServiceConcessionArrangementsAxis=ugp_AreaPortLeaseMember', window );">Area port lease [member] | IPP [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfCommitmentsAndContingenciesLineItems', window );"><strong>Disclosure of commitments and contingencies [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NumberOfPortConcessions', window );">Number of Port concessions | Item</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
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<td class="nump">3<span></span>
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<td class="text">&#160;<span></span>
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<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_PeriodOfConcession', window );">Term of concession</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
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<td class="text">25 years<span></span>
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<td class="text">&#160;<span></span>
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<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociates', window );">Investments | R$</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 160,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_MinimumLeasePeriodOfPortConcession', window );">Minimum lease period of port concession</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">15 years<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ServiceConcessionArrangementsAxis=ugp_AreaPortLeaseMember', window );">Area port lease [member] | IPP [member] | Port of Miramar [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfCommitmentsAndContingenciesLineItems', window );"><strong>Disclosure of commitments and contingencies [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NumberOfPortConcessions', window );">Number of Port concessions | Item</a></td>
<td class="text">&#160;<span></span>
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<td class="nump">2<span></span>
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<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ServiceConcessionArrangementsAxis=ugp_AreaPortLeaseMember', window );">Area port lease [member] | IPP [member] | Area BEL02A [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfCommitmentsAndContingenciesLineItems', window );"><strong>Disclosure of commitments and contingencies [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
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<td class="text">&#160;<span></span>
</td>
<td class="nump">50.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
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<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_MinimumPortStorageCapacity', window );">Minimum port storage capacity</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">41,000<span></span>
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<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ServiceConcessionArrangementsAxis=ugp_AreaPortLeaseMember', window );">Area port lease [member] | IPP [member] | Area BEL04A [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfCommitmentsAndContingenciesLineItems', window );"><strong>Disclosure of commitments and contingencies [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_MinimumPortStorageCapacity', window );">Minimum port storage capacity</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">23,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ServiceConcessionArrangementsAxis=ugp_AreaPortLeaseMember', window );">Area port lease [member] | IPP [member] | Paraiba [member] | Port of Cabedelo [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfCommitmentsAndContingenciesLineItems', window );"><strong>Disclosure of commitments and contingencies [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_MinimumPortStorageCapacity', window );">Minimum port storage capacity</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">64,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ServiceConcessionArrangementsAxis=ugp_AreaPortLeaseMember', window );">Area port lease [member] | IPP [member] | Espirito Santo [member] | Port of Vitoria [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfCommitmentsAndContingenciesLineItems', window );"><strong>Disclosure of commitments and contingencies [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_MinimumPortStorageCapacity', window );">Minimum port storage capacity</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">66,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ServiceConcessionArrangementsAxis=ugp_AreaPortLeaseMember', window );">Area port lease [member] | IPP and Ultracargo [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfCommitmentsAndContingenciesLineItems', window );"><strong>Disclosure of commitments and contingencies [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DescriptionOfPortConcessions', window );">Port concessions description</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">These concessions were carried out by &lt;span style="border-left: none; border-right: none;">two&lt;/span> consortiums of which IPP holds &lt;span style="border-left: none; border-right: none;">one&lt;/span> third of the total participation.<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ServiceConcessionArrangementsAxis=ugp_AreaPortLeaseMember', window );">Area port lease [member] | Ultracargo Log&#237;stica S.A. | Area VDC12 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfCommitmentsAndContingenciesLineItems', window );"><strong>Disclosure of commitments and contingencies [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_MinimumPortStorageCapacity', window );">Minimum port storage capacity</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">59,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_MinimumLeasePeriodOfPortConcession', window );">Minimum lease period of port concession</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">25 years<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ServiceConcessionArrangementsAxis=ugp_AreaPortLeaseMember', window );">Area port lease [member] | IPP and Ultracargo Log&#237;stica S.A. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfCommitmentsAndContingenciesLineItems', window );"><strong>Disclosure of commitments and contingencies [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_NumberOfPortConcessions', window );">Number of Port concessions | Item</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">3<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfContractsAxis=ugp_AratuMember', window );">Aratu [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfCommitmentsAndContingenciesLineItems', window );"><strong>Disclosure of commitments and contingencies [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CargoRatesPerTon', window );">Cargo rates per ton | T</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">8.37<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfContractsAxis=ugp_SuapeMember', window );">Suape [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfCommitmentsAndContingenciesLineItems', window );"><strong>Disclosure of commitments and contingencies [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CargoRatesPerTon', window );">Cargo rates per ton | T</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2.67<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfContractsAxis=ugp_ItaquiMember', window );">Itaqui [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfCommitmentsAndContingenciesLineItems', window );"><strong>Disclosure of commitments and contingencies [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_CargoRatesPerTon', window );">Cargo rates per ton</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0.85<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LiabilitiesArisingFromInsuranceContracts', window );">Liability insurance policies | R$</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 80,000<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfContractsAxis=ugp_ItaquiMember', window );">Itaqui [Member] | Area port lease [member] | Ultracargo Log&#237;stica S.A. | Area IQI13 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfCommitmentsAndContingenciesLineItems', window );"><strong>Disclosure of commitments and contingencies [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_MinimumPortStorageCapacity', window );">Minimum port storage capacity</a></td>
<td class="nump">79,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_EstimatedInvestmentsToPortConcessions', window );">Estimated investments to port concessions | R$</a></td>
<td class="nump">R$ 310<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_MinimumLeasePeriodOfPortConcession', window );">Minimum lease period of port concession</a></td>
<td class="text">20 years<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_EstimatedInvestmentsDisbursementPeriod', window );">Estimated investments, disbursement period</a></td>
<td class="text">6 years<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=ugp_ThirdPartiesMember', window );">Third parties [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DisclosureOfCommitmentsAndContingenciesLineItems', window );"><strong>Disclosure of commitments and contingencies [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LiabilitiesArisingFromInsuranceContracts', window );">Liability insurance policies | R$</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 250,000<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ContractualCapitalCommitments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of capital commitments for which the entity has entered into a contract. [Refer: Capital commitments]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ContractualCapitalCommitments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociates">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of investments in subsidiaries, joint ventures and associates in an entity's separate financial statements. [Refer: Associates [member]; Joint ventures [member]; Subsidiaries [member]; Investments in subsidiaries reported in separate financial statements]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2021-01-01<br> -Paragraph 10<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_10&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociates</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LiabilitiesArisingFromInsuranceContracts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities under insurance contracts and reinsurance contracts issued. [Refer: Types of insurance contracts [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2023-01-01<br> -Name IFRS<br> -Number 4<br> -IssueDate 2021-01-01<br> -Paragraph 37<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=4&amp;code=ifrs-tx-2021-en-b&amp;anchor=para_37_b&amp;doctype=Standard&amp;book=b<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2023-01-01<br> -Name IFRS<br> -Number 4<br> -IssueDate 2021-01-01<br> -Paragraph 37<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=4&amp;code=ifrs-tx-2021-en-b&amp;anchor=para_37_e&amp;doctype=Standard&amp;book=b<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2023-01-01<br> -Name IFRS<br> -Number 4<br> -IssueDate 2021-01-01<br> -Paragraph IG20<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=4&amp;code=ifrs-tx-2021-en-b&amp;anchor=para_IG20_a&amp;doctype=Implementation%20Guidance&amp;book=b<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2023-01-01<br> -Name IFRS<br> -Number 4<br> -IssueDate 2021-01-01<br> -Paragraph IG37<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=4&amp;code=ifrs-tx-2021-en-b&amp;anchor=para_IG37_a&amp;doctype=Implementation%20Guidance&amp;book=b<br> -URIDate 2021-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2023-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-b&amp;anchor=para_55&amp;doctype=Standard&amp;book=b<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LiabilitiesArisingFromInsuranceContracts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_CargoRatesPerTon">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The per ton amount of cargo rates.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_CargoRatesPerTon</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:decimalItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DescriptionOfPortConcessions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of port concessions in operating lease.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DescriptionOfPortConcessions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DisclosureOfCommitmentsAndContingenciesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure of commitments and contingencies.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DisclosureOfCommitmentsAndContingenciesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_EstimatedInvestmentsDisbursementPeriod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The maturity period of estimated investments to be disbursed.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_EstimatedInvestmentsDisbursementPeriod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_EstimatedInvestmentsToPortConcessions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of estimated investments to port concessions.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_EstimatedInvestmentsToPortConcessions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_MinimumLeasePeriodOfPortConcession">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The minimum lease period of port concession according to the auction notice.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_MinimumLeasePeriodOfPortConcession</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_MinimumPortStorageCapacity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The measurement of minimum port storage capacity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_MinimumPortStorageCapacity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:volumeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_NumberOfPortConcessions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of port concessions according to the auction notice.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_NumberOfPortConcessions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:integerItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_PercentageOfConsortiumOwned">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The percentage of consortium owned.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_PercentageOfConsortiumOwned</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_PeriodOfConcession">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The maturity period of concession contract.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_PeriodOfConcession</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ServiceConcessionArrangementsAxis=ugp_AreaPortLeaseMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ServiceConcessionArrangementsAxis=ugp_AreaPortLeaseMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_IpirangaProdutosdePetroleoSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_IpirangaProdutosdePetroleoSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_TerminalAxis=ugp_PortOfMiramarMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_TerminalAxis=ugp_PortOfMiramarMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_TerminalAxis=ugp_AreaBel02AMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_TerminalAxis=ugp_AreaBel02AMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_TerminalAxis=ugp_AreaBel04aMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_TerminalAxis=ugp_AreaBel04aMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_EntitiesByLocationAxis=ugp_ParaibaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_EntitiesByLocationAxis=ugp_ParaibaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_TerminalAxis=ugp_PortOfCabedeloMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_TerminalAxis=ugp_PortOfCabedeloMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_EntitiesByLocationAxis=ugp_EspiritoSantoMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_EntitiesByLocationAxis=ugp_EspiritoSantoMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_TerminalAxis=ugp_PortOfVitoriaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_TerminalAxis=ugp_PortOfVitoriaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_IpirangaProdutosDepetroleoSaAndUltracargoMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_IpirangaProdutosDepetroleoSaAndUltracargoMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_UltracargoLogisticaSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_UltracargoLogisticaSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_TerminalAxis=ugp_AreaVdc12Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_TerminalAxis=ugp_AreaVdc12Member</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
<td></td>
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<td><strong> Period Type:</strong></td>
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ugp_IpirangaProdutosDepetroleoSaAndUltracargoLogisticaSAMember</td>
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<tr><td><div class="body" style="padding: 2px;">
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfContractsAxis=ugp_AratuMember</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<tr>
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<td style="white-space:nowrap;">ifrs-full_TypesOfContractsAxis=ugp_SuapeMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfContractsAxis=ugp_ItaquiMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
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<td><strong> Balance Type:</strong></td>
<td></td>
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<td><strong> Period Type:</strong></td>
<td></td>
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<tr>
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<td style="white-space:nowrap;">ugp_TerminalAxis=ugp_AreaIqi13Member</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
<td></td>
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<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=ugp_ThirdPartiesMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
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<DOCUMENT>
<TYPE>XML
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<FILENAME>R207.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
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<head>
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<span style="display: none;">v3.22.1</span><table class="report" border="0" cellspacing="2" id="idm140147276985368">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Subsequent Events - Additional Information (Detail) - USD ($)<br></strong></div></th>
<th class="th"><div>Apr. 08, 2022</div></th>
<th class="th"><div>Apr. 07, 2022</div></th>
<th class="th"><div>Feb. 23, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Aug. 11, 2021</div></th>
<th class="th"><div>Aug. 12, 2020</div></th>
<th class="th"><div>Feb. 24, 2020</div></th>
<th class="th"><div>Feb. 19, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems', window );"><strong>Disclosure of non-adjusting events after reporting period [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ExerciseOfWarrantsRightsOutstanding', window );">Rights outstanding</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">31,032<span></span>
</td>
<td class="nump">86,978<span></span>
</td>
<td class="nump">70,939<span></span>
</td>
<td class="nump">2,108,542<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis=ifrs-full_MajorOrdinaryShareTransactionsMember', window );">Major ordinary share transactions [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems', window );"><strong>Disclosure of non-adjusting events after reporting period [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfSharesIssuedAndFullyPaid', window );">Number of shares issued</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,115,151,608<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ExerciseOfWarrantsRightsOutstanding', window );">Rights outstanding</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">43,925<span></span>
</td>
<td class="nump">2,297,491<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis=ugp_TenderOffersToPurchaseNotesMember', window );">Tender offers to purchase notes | Ultrapar International [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems', window );"><strong>Disclosure of non-adjusting events after reporting period [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_MaximumAggregateTenderAmount', window );">Maximum aggregate tender amount</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 550,003<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_MaximumAggregateTenderAmountAvailableForIncrease', window );">Maximum aggregate tender amount available for increase</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">600,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_ExerciseOfRightToIncreaseOfInitialAggregateTenderAmount', window );">Exercise of right to increase of initial aggregate tender amount</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 599,996<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis=ugp_TenderOffersToPurchaseNotesMember', window );">Tender offers to purchase notes | Ultrapar International [member] | Notes Due 2026 [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems', window );"><strong>Disclosure of non-adjusting events after reporting period [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Borrowings, interest rate</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">5.25%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Borrowings, maturity</a></td>
<td class="text">2026<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AggregatePrincipalAmountOfValidOffersReceived', window );">Aggregate principal amount of valid offers received</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 114,329<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_PercentageOfOutstandingNotesPurchased', window );">Percentage of outstanding notes purchased</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">20.79%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DescriptionOfNotesSettlement', window );">Description of notes settlement</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">April 14 and 18, 2022<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis=ugp_TenderOffersToPurchaseNotesMember', window );">Tender offers to purchase notes | Ultrapar International [member] | Notes Due 2029 [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems', window );"><strong>Disclosure of non-adjusting events after reporting period [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Borrowings, interest rate</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">5.25%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Borrowings, maturity</a></td>
<td class="text">2029<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AggregatePrincipalAmountOfValidOffersReceived', window );">Aggregate principal amount of valid offers received</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 606,106<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_AggregatePrincipalAmountOfNotesPurchasedThroughExerciseOfRightsToIncreaseOfInitialAggregateTenderAmount', window );">Aggregate principal amount of notes purchased through exercise of rights to increase of initial aggregate tender amount</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 485,667<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_PercentageOfOutstandingNotesPurchased', window );">Percentage of outstanding notes purchased</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">57.14%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ugp_DescriptionOfNotesSettlement', window );">Description of notes settlement</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">April 27, 2022<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsInterestRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The interest rate on borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 7<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsInterestRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsMaturity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The maturity of borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 7<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsMaturity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NumberOfSharesIssuedAndFullyPaid">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of shares issued by the entity, for which full payment has been received.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 79<br> -Subparagraph a<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_79_a_ii&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NumberOfSharesIssuedAndFullyPaid</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AggregatePrincipalAmountOfNotesPurchasedThroughExerciseOfRightsToIncreaseOfInitialAggregateTenderAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The aggregate principal amount of notes purchased through exercise of rights to increase of initial aggregate tender amount.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AggregatePrincipalAmountOfNotesPurchasedThroughExerciseOfRightsToIncreaseOfInitialAggregateTenderAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_AggregatePrincipalAmountOfValidOffersReceived">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The aggregate principal amount of valid offers received as a result of the cash tender offers.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_AggregatePrincipalAmountOfValidOffersReceived</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_DescriptionOfNotesSettlement">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of notes settlement to buyers.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_DescriptionOfNotesSettlement</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ExerciseOfRightToIncreaseOfInitialAggregateTenderAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The maximum amount of exercise of right to increase of initial aggregate tender amount.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ExerciseOfRightToIncreaseOfInitialAggregateTenderAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_ExerciseOfWarrantsRightsOutstanding">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of warrants rights outstanding for exercise of the rights.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_ExerciseOfWarrantsRightsOutstanding</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_MaximumAggregateTenderAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of maximum aggregate tender value.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_MaximumAggregateTenderAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_MaximumAggregateTenderAmountAvailableForIncrease">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of maximum aggregate tender value available for increase by the reporting entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_MaximumAggregateTenderAmountAvailableForIncrease</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ugp_PercentageOfOutstandingNotesPurchased">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The percentage of outstanding notes purchased through exercise of rights to increase of initial aggregate tender amount.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ugp_PercentageOfOutstandingNotesPurchased</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ugp_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
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            <instant>2021-12-31</instant>
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    <context id="I20201231_DiMember_LiabilityPositionOfForeignExchangeHedgingInstrumentsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
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        <period>
            <instant>2020-12-31</instant>
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    <context id="I20211231_DiMember_LiabilityPositionOfHedgingInstrumentsPreFixedMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
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                <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ugp:DiMember</xbrldi:explicitMember>
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            <instant>2021-12-31</instant>
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    <context id="I20201231_DiMember_LiabilityPositionOfHedgingInstrumentsPreFixedMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
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                <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ugp:DiMember</xbrldi:explicitMember>
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        <period>
            <instant>2020-12-31</instant>
        </period>
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    <context id="I20211231_TJLPMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ugp:TJLPMember</xbrldi:explicitMember>
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            <instant>2021-12-31</instant>
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            <instant>2020-12-31</instant>
        </period>
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    <context id="I20211231_LIBORMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
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            <instant>2021-12-31</instant>
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    <context id="I20201231_LIBORMember">
        <entity>
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            <instant>2020-12-31</instant>
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        <entity>
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            <instant>2021-12-31</instant>
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            <instant>2020-12-31</instant>
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        <entity>
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            <instant>2021-12-31</instant>
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        <entity>
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            <segment>
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            <instant>2020-12-31</instant>
        </period>
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        <entity>
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        </entity>
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            <instant>2021-12-31</instant>
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        <entity>
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        <entity>
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                <xbrldi:explicitMember dimension="ugp:ScenarioAxis">ugp:ScenarioMember</xbrldi:explicitMember>
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        <period>
            <startDate>2021-01-01</startDate>
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        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ExternalCreditGradesAxis">ugp:AAAMember</xbrldi:explicitMember>
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        <period>
            <instant>2021-12-31</instant>
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            <instant>2020-12-31</instant>
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        <period>
            <instant>2021-12-31</instant>
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            <instant>2020-12-31</instant>
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        <entity>
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        <period>
            <instant>2021-12-31</instant>
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        <period>
            <instant>2020-12-31</instant>
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    <context id="I20211231_IpirangaMember">
        <entity>
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                <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">ugp:IpirangaMember</xbrldi:explicitMember>
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        </entity>
        <period>
            <instant>2021-12-31</instant>
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            <instant>2021-12-31</instant>
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        <entity>
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            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">ugp:OxitenoMember</xbrldi:explicitMember>
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        <period>
            <instant>2021-12-31</instant>
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        <entity>
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            <instant>2021-12-31</instant>
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        <period>
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    <context id="D20191231_IntegraFrotasLtdaMember">
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        <period>
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        <entity>
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            <segment>
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        <entity>
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            <segment>
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            <segment>
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        <period>
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    <context id="I20211231_FuelsLubricantsAndGreasesMember">
        <entity>
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        <entity>
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    <context id="I20211231_PharmaceuticalHygieneBeautyProductsMember">
        <entity>
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        <entity>
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        <entity>
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            <segment>
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        <period>
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            <instant>2020-12-31</instant>
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            <instant>2020-12-31</instant>
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            <instant>2020-12-31</instant>
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        <period>
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        </period>
    </context>
    <context id="D20201231_TransportadoraSulbrasileiraDeGasMember">
        <entity>
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            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">ugp:TransportadoraSulbrasileiraDeGasMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
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    </context>
    <context id="I20201231_TransportadoraSulbrasileiraDeGasMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">ugp:TransportadoraSulbrasileiraDeGasMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
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    <context id="D20211231_TransportadoraSulbrasileiraDeGasMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
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        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
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    <context id="I20211231_TransportadoraSulbrasileiraDeGasMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">ugp:TransportadoraSulbrasileiraDeGasMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="I20181231_OxicapIndustriaDeGasesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">ugp:OxicapIndustriaDeGasesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2018-12-31</instant>
        </period>
    </context>
    <context id="D20191231_OxicapIndustriaDeGasesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
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        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
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    <context id="I20191231_OxicapIndustriaDeGasesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
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        </entity>
        <period>
            <instant>2019-12-31</instant>
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        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
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        <entity>
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        <period>
            <instant>2020-12-31</instant>
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        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
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        <period>
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    <context id="I20211231_OxicapIndustriaDeGasesMember">
        <entity>
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            <segment>
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        <period>
            <instant>2021-12-31</instant>
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    <context id="I20181231_QuimicaDaBahiaIndustriaEcomercioMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
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        <period>
            <instant>2018-12-31</instant>
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        <entity>
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            </segment>
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        <period>
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            <endDate>2019-12-31</endDate>
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    <context id="I20191231_QuimicaDaBahiaIndustriaEcomercioMember">
        <entity>
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        <period>
            <instant>2019-12-31</instant>
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    <context id="D20201231_QuimicaDaBahiaIndustriaEcomercioMember">
        <entity>
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        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
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    <context id="I20201231_QuimicaDaBahiaIndustriaEcomercioMember">
        <entity>
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            <segment>
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        <period>
            <instant>2020-12-31</instant>
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    <context id="D20211231_QuimicaDaBahiaIndustriaEcomercioMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
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        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
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    <context id="I20211231_QuimicaDaBahiaIndustriaEcomercioMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
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        </entity>
        <period>
            <instant>2021-12-31</instant>
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    <context id="I20181231_MetalurgicaPlusMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">ugp:MetalurgicaPlusMember</xbrldi:explicitMember>
            </segment>
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        <period>
            <instant>2018-12-31</instant>
        </period>
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    <context id="D20191231_MetalurgicaPlusMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">ugp:MetalurgicaPlusMember</xbrldi:explicitMember>
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        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
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        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">ugp:MetalurgicaPlusMember</xbrldi:explicitMember>
            </segment>
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        <period>
            <instant>2019-12-31</instant>
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    <context id="D20201231_MetalurgicaPlusMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">ugp:MetalurgicaPlusMember</xbrldi:explicitMember>
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        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
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    <context id="I20201231_MetalurgicaPlusMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">ugp:MetalurgicaPlusMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
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    <context id="D20211231_MetalurgicaPlusMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">ugp:MetalurgicaPlusMember</xbrldi:explicitMember>
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        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
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    <context id="I20211231_MetalurgicaPlusMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">ugp:MetalurgicaPlusMember</xbrldi:explicitMember>
            </segment>
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        <period>
            <instant>2021-12-31</instant>
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    <context id="I20181231_PlenogasDistribuidoraDeGasMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">ugp:PlenogasDistribuidoraDeGasMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2018-12-31</instant>
        </period>
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    <context id="D20191231_PlenogasDistribuidoraDeGasMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">ugp:PlenogasDistribuidoraDeGasMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
    </context>
    <context id="I20191231_PlenogasDistribuidoraDeGasMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">ugp:PlenogasDistribuidoraDeGasMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
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    <context id="D20201231_PlenogasDistribuidoraDeGasMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">ugp:PlenogasDistribuidoraDeGasMember</xbrldi:explicitMember>
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        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
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    <context id="I20201231_PlenogasDistribuidoraDeGasMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">ugp:PlenogasDistribuidoraDeGasMember</xbrldi:explicitMember>
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        <period>
            <instant>2020-12-31</instant>
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    <context id="D20211231_PlenogasDistribuidoraDeGasMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
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        <period>
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    <context id="I20211231_PlenogasDistribuidoraDeGasMember">
        <entity>
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            <segment>
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        <period>
            <instant>2021-12-31</instant>
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    <context id="I20211231_LaterThanOneYearAndNotLaterThanTwoYearsMember">
        <entity>
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            <segment>
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        <period>
            <instant>2021-12-31</instant>
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    <context id="I20211231_LaterThanTwoYearsAndNotLaterThanThreeYearsMember">
        <entity>
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            <segment>
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        <period>
            <instant>2021-12-31</instant>
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    <context id="I20211231_LaterThanThreeYearsAndNotLaterThanFourYearsMember">
        <entity>
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            <segment>
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    <context id="I20211231_LaterThanFourYearsAndNotLaterThanFiveYearsMember">
        <entity>
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            <segment>
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        <entity>
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            <segment>
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        <period>
            <instant>2021-12-31</instant>
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    <context id="I20211231_LaterThanFiveYearsAndNotLaterThanTenYearsMember">
        <entity>
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    <context id="I20211231_LaterThanTenYearsAndNotLaterThanFifteenYearsMember">
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            <instant>2021-12-31</instant>
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            <instant>2020-12-31</instant>
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    <context id="D20211231_GrossCarryingAmountMember">
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            <segment>
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        <period>
            <instant>2021-12-31</instant>
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        <period>
            <instant>2020-12-31</instant>
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        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
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        <period>
            <instant>2021-12-31</instant>
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        <entity>
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            <segment>
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        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
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    <context id="D20211231_GrossCarryingAmountMember_RightofuseAssetsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
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                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
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        <period>
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            <endDate>2021-12-31</endDate>
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    <context id="I20211231_GrossCarryingAmountMember_RightofuseAssetsMember">
        <entity>
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            <instant>2020-12-31</instant>
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            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
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                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:MachineryMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="I20191231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember_OtherAssetsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:OtherAssetsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="I20191231_AccumulatedDepreciationAndAmortisationMember_RightofuseAssetsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="I20191231_RightofuseAssetsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="D20191231_RightofuseAssetsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
    </context>
    <context id="D20191231_RightofuseAssetsMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
    </context>
    <context id="D20191231_RightofuseAssetsMember_AccumulatedDepreciationAndAmortisationMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
    </context>
    <context id="D20191231_RightofuseAssetsMember_GrossCarryingAmountMember_RealEstatePropertyMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:RealEstatePropertyMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
    </context>
    <context id="D20191231_RightofuseAssetsMember_GrossCarryingAmountMember_PortAreaMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:PortAreaMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
    </context>
    <context id="D20191231_RightofuseAssetsMember_AccumulatedDepreciationAndAmortisationMember_RealEstatePropertyMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:RealEstatePropertyMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
    </context>
    <context id="I20201231_LandMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:LandMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="D20211231_LandMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:LandMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="I20211231_LandMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:LandMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="D20211231_BuildingsMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:BuildingsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="I20201231_BuildingsMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:BuildingsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="I20211231_BuildingsMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:BuildingsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="D20211231_LeaseholdImprovementsMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:LeaseholdImprovementsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="I20201231_LeaseholdImprovementsMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:LeaseholdImprovementsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="I20211231_LeaseholdImprovementsMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:LeaseholdImprovementsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="D20211231_MachineryMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:MachineryMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="I20201231_MachineryMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:MachineryMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="I20211231_MachineryMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:MachineryMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="D20211231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="I20201231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="I20211231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="D20211231_LPGTanksAndBottlesMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:LPGTanksAndBottlesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="I20201231_LPGTanksAndBottlesMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:LPGTanksAndBottlesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="I20211231_LPGTanksAndBottlesMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:LPGTanksAndBottlesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="D20211231_VehiclesMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:VehiclesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="I20201231_VehiclesMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:VehiclesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="I20211231_VehiclesMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:VehiclesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="D20211231_FixturesAndFittingsMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:FixturesAndFittingsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="I20201231_FixturesAndFittingsMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:FixturesAndFittingsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="I20211231_FixturesAndFittingsMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:FixturesAndFittingsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="D20211231_ITEquipmentMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:ITEquipmentMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="I20201231_ITEquipmentMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:ITEquipmentMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="I20211231_ITEquipmentMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:ITEquipmentMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="I20201231_ConstructionInProgressMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:ConstructionInProgressMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="D20211231_ConstructionInProgressMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:ConstructionInProgressMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="I20211231_ConstructionInProgressMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:ConstructionInProgressMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="I20201231_AdvancesToSuppliersMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:AdvancesToSuppliersMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="D20211231_AdvancesToSuppliersMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:AdvancesToSuppliersMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="I20211231_AdvancesToSuppliersMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:AdvancesToSuppliersMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="I20201231_ImportsInProgressMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:ImportsInProgressMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="D20211231_ImportsInProgressMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:ImportsInProgressMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="I20211231_ImportsInProgressMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:ImportsInProgressMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="I20201231_BuildingsMember_AccumulatedDepreciationAndAmortisationMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:BuildingsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="D20211231_BuildingsMember_AccumulatedDepreciationAndAmortisationMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:BuildingsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="I20211231_BuildingsMember_AccumulatedDepreciationAndAmortisationMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:BuildingsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="I20201231_LeaseholdImprovementsMember_AccumulatedDepreciationAndAmortisationMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:LeaseholdImprovementsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="D20211231_LeaseholdImprovementsMember_AccumulatedDepreciationAndAmortisationMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:LeaseholdImprovementsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="I20211231_LeaseholdImprovementsMember_AccumulatedDepreciationAndAmortisationMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:LeaseholdImprovementsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="I20201231_MachineryMember_AccumulatedDepreciationAndAmortisationMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:MachineryMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="D20211231_MachineryMember_AccumulatedDepreciationAndAmortisationMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:MachineryMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="I20211231_MachineryMember_AccumulatedDepreciationAndAmortisationMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:MachineryMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="I20201231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedDepreciationAndAmortisationMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="D20211231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedDepreciationAndAmortisationMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="I20211231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedDepreciationAndAmortisationMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="I20201231_LPGTanksAndBottlesMember_AccumulatedDepreciationAndAmortisationMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:LPGTanksAndBottlesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="D20211231_LPGTanksAndBottlesMember_AccumulatedDepreciationAndAmortisationMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:LPGTanksAndBottlesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="I20211231_LPGTanksAndBottlesMember_AccumulatedDepreciationAndAmortisationMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:LPGTanksAndBottlesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="I20201231_VehiclesMember_AccumulatedDepreciationAndAmortisationMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:VehiclesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="D20211231_VehiclesMember_AccumulatedDepreciationAndAmortisationMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:VehiclesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="I20211231_VehiclesMember_AccumulatedDepreciationAndAmortisationMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:VehiclesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="I20201231_FixturesAndFittingsMember_AccumulatedDepreciationAndAmortisationMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:FixturesAndFittingsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="D20211231_FixturesAndFittingsMember_AccumulatedDepreciationAndAmortisationMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:FixturesAndFittingsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="I20211231_FixturesAndFittingsMember_AccumulatedDepreciationAndAmortisationMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:FixturesAndFittingsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="I20201231_ITEquipmentMember_AccumulatedDepreciationAndAmortisationMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:ITEquipmentMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="D20211231_ITEquipmentMember_AccumulatedDepreciationAndAmortisationMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:ITEquipmentMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="I20211231_ITEquipmentMember_AccumulatedDepreciationAndAmortisationMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:ITEquipmentMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="I20201231_AccumulatedDepreciationAndAmortisationMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="I20201231_LandMember_AccumulatedImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedImpairmentMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:LandMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="D20211231_LandMember_AccumulatedImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedImpairmentMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:LandMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="I20211231_LandMember_AccumulatedImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedImpairmentMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:LandMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="I20201231_MachineryMember_AccumulatedImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedImpairmentMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:MachineryMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="D20211231_MachineryMember_AccumulatedImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedImpairmentMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:MachineryMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="I20211231_MachineryMember_AccumulatedImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedImpairmentMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:MachineryMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="I20201231_LeaseholdImprovementsMember_AccumulatedImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedImpairmentMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:LeaseholdImprovementsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="D20211231_LeaseholdImprovementsMember_AccumulatedImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedImpairmentMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:LeaseholdImprovementsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="I20211231_LeaseholdImprovementsMember_AccumulatedImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedImpairmentMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:LeaseholdImprovementsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="I20201231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedImpairmentMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="D20211231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedImpairmentMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="I20211231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedImpairmentMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="I20201231_VehiclesMember_AccumulatedImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedImpairmentMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:VehiclesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="D20211231_VehiclesMember_AccumulatedImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedImpairmentMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:VehiclesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="I20211231_VehiclesMember_AccumulatedImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedImpairmentMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:VehiclesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="I20201231_FixturesAndFittingsMember_AccumulatedImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedImpairmentMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:FixturesAndFittingsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="D20211231_FixturesAndFittingsMember_AccumulatedImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedImpairmentMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:FixturesAndFittingsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="I20211231_FixturesAndFittingsMember_AccumulatedImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedImpairmentMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:FixturesAndFittingsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="I20201231_ITEquipmentMember_AccumulatedImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedImpairmentMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:ITEquipmentMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="D20211231_ITEquipmentMember_AccumulatedImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedImpairmentMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:ITEquipmentMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="I20211231_ITEquipmentMember_AccumulatedImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedImpairmentMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:ITEquipmentMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="I20201231_AdvancesToSuppliersMember_AccumulatedImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedImpairmentMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:AdvancesToSuppliersMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="D20211231_AdvancesToSuppliersMember_AccumulatedImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedImpairmentMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:AdvancesToSuppliersMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="I20211231_AdvancesToSuppliersMember_AccumulatedImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedImpairmentMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:AdvancesToSuppliersMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="I20201231_AccumulatedImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedImpairmentMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="D20211231_AccumulatedImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedImpairmentMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="I20211231_AccumulatedImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedImpairmentMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="I20191231_LandMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:LandMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="D20201231_LandMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:LandMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="D20201231_BuildingsMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:BuildingsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="I20191231_BuildingsMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:BuildingsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="D20201231_LeaseholdImprovementsMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:LeaseholdImprovementsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="I20191231_LeaseholdImprovementsMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:LeaseholdImprovementsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="D20201231_MachineryMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:MachineryMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="I20191231_MachineryMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:MachineryMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="D20201231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="I20191231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="D20201231_LPGTanksAndBottlesMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:LPGTanksAndBottlesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="I20191231_LPGTanksAndBottlesMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:LPGTanksAndBottlesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="D20201231_VehiclesMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:VehiclesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="I20191231_VehiclesMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:VehiclesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="D20201231_FixturesAndFittingsMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:FixturesAndFittingsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="I20191231_FixturesAndFittingsMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:FixturesAndFittingsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="I20191231_ConstructionInProgressMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:ConstructionInProgressMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="D20201231_ConstructionInProgressMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:ConstructionInProgressMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="I20191231_AdvancesToSuppliersMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:AdvancesToSuppliersMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="D20201231_AdvancesToSuppliersMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:AdvancesToSuppliersMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="I20191231_ImportsInProgressMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:ImportsInProgressMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="D20201231_ImportsInProgressMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:ImportsInProgressMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="D20201231_ITEquipmentMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:ITEquipmentMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="I20191231_ITEquipmentMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:ITEquipmentMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="I20191231_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="I20191231_BuildingsMember_AccumulatedDepreciationAndAmortisationMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:BuildingsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="D20201231_BuildingsMember_AccumulatedDepreciationAndAmortisationMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:BuildingsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="I20191231_LeaseholdImprovementsMember_AccumulatedDepreciationAndAmortisationMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:LeaseholdImprovementsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="D20201231_LeaseholdImprovementsMember_AccumulatedDepreciationAndAmortisationMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:LeaseholdImprovementsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="I20191231_MachineryMember_AccumulatedDepreciationAndAmortisationMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:MachineryMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="D20201231_MachineryMember_AccumulatedDepreciationAndAmortisationMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:MachineryMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="I20191231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedDepreciationAndAmortisationMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="D20201231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedDepreciationAndAmortisationMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="I20191231_LPGTanksAndBottlesMember_AccumulatedDepreciationAndAmortisationMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:LPGTanksAndBottlesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="D20201231_LPGTanksAndBottlesMember_AccumulatedDepreciationAndAmortisationMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:LPGTanksAndBottlesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="I20191231_VehiclesMember_AccumulatedDepreciationAndAmortisationMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:VehiclesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="D20201231_VehiclesMember_AccumulatedDepreciationAndAmortisationMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:VehiclesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="I20191231_FixturesAndFittingsMember_AccumulatedDepreciationAndAmortisationMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:FixturesAndFittingsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="D20201231_FixturesAndFittingsMember_AccumulatedDepreciationAndAmortisationMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:FixturesAndFittingsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="I20191231_ITEquipmentMember_AccumulatedDepreciationAndAmortisationMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:ITEquipmentMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="D20201231_ITEquipmentMember_AccumulatedDepreciationAndAmortisationMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:ITEquipmentMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="I20191231_AccumulatedDepreciationAndAmortisationMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="D20201231_AccumulatedDepreciationAndAmortisationMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="I20191231_AdvancesToSuppliersMember_AccumulatedImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedImpairmentMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:AdvancesToSuppliersMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="D20201231_AdvancesToSuppliersMember_AccumulatedImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedImpairmentMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:AdvancesToSuppliersMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="I20191231_LandMember_AccumulatedImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedImpairmentMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:LandMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="D20201231_LandMember_AccumulatedImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedImpairmentMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:LandMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="I20191231_LeaseholdImprovementsMember_AccumulatedImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedImpairmentMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:LeaseholdImprovementsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="D20201231_LeaseholdImprovementsMember_AccumulatedImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedImpairmentMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:LeaseholdImprovementsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="I20191231_MachineryMember_AccumulatedImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedImpairmentMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:MachineryMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="D20201231_MachineryMember_AccumulatedImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedImpairmentMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:MachineryMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="I20191231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedImpairmentMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="D20201231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedImpairmentMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="I20191231_AccumulatedImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedImpairmentMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="D20201231_AccumulatedImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedImpairmentMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="I20181231_LandMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:LandMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2018-12-31</instant>
        </period>
    </context>
    <context id="D20191231_LandMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:LandMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
    </context>
    <context id="D20191231_BuildingsMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:BuildingsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
    </context>
    <context id="I20181231_BuildingsMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:BuildingsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2018-12-31</instant>
        </period>
    </context>
    <context id="D20191231_LeaseholdImprovementsMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:LeaseholdImprovementsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
    </context>
    <context id="I20181231_LeaseholdImprovementsMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:LeaseholdImprovementsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2018-12-31</instant>
        </period>
    </context>
    <context id="D20191231_MachineryMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:MachineryMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
    </context>
    <context id="I20181231_MachineryMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:MachineryMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2018-12-31</instant>
        </period>
    </context>
    <context id="D20191231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
    </context>
    <context id="I20181231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2018-12-31</instant>
        </period>
    </context>
    <context id="D20191231_LPGTanksAndBottlesMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:LPGTanksAndBottlesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
    </context>
    <context id="I20181231_LPGTanksAndBottlesMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:LPGTanksAndBottlesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2018-12-31</instant>
        </period>
    </context>
    <context id="D20191231_VehiclesMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:VehiclesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
    </context>
    <context id="I20181231_VehiclesMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:VehiclesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2018-12-31</instant>
        </period>
    </context>
    <context id="D20191231_FixturesAndFittingsMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:FixturesAndFittingsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
    </context>
    <context id="I20181231_FixturesAndFittingsMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:FixturesAndFittingsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2018-12-31</instant>
        </period>
    </context>
    <context id="I20181231_ConstructionInProgressMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:ConstructionInProgressMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2018-12-31</instant>
        </period>
    </context>
    <context id="D20191231_ConstructionInProgressMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:ConstructionInProgressMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
    </context>
    <context id="I20181231_AdvancesToSuppliersMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:AdvancesToSuppliersMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2018-12-31</instant>
        </period>
    </context>
    <context id="D20191231_AdvancesToSuppliersMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:AdvancesToSuppliersMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
    </context>
    <context id="I20181231_ImportsInProgressMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:ImportsInProgressMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2018-12-31</instant>
        </period>
    </context>
    <context id="D20191231_ImportsInProgressMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:ImportsInProgressMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
    </context>
    <context id="D20191231_ITEquipmentMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:ITEquipmentMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
    </context>
    <context id="I20181231_ITEquipmentMember_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:ITEquipmentMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2018-12-31</instant>
        </period>
    </context>
    <context id="I20181231_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2018-12-31</instant>
        </period>
    </context>
    <context id="D20191231_GrossCarryingAmountMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
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        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
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    <context id="I20181231_BuildingsMember_AccumulatedDepreciationAndAmortisationMember">
        <entity>
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            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
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            <instant>2018-12-31</instant>
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        <entity>
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            <startDate>2019-01-01</startDate>
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            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
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            <instant>2018-12-31</instant>
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            <startDate>2019-01-01</startDate>
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    <context id="I20181231_MachineryMember_AccumulatedDepreciationAndAmortisationMember">
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            <instant>2018-12-31</instant>
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            <startDate>2019-01-01</startDate>
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    <context id="I20181231_AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember_AccumulatedDepreciationAndAmortisationMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
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                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:AutomotiveFuelLubricantDistributionEquipmentAndFacilitiesMember</xbrldi:explicitMember>
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        <period>
            <instant>2018-12-31</instant>
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            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
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            <startDate>2019-01-01</startDate>
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    <context id="I20181231_LPGTanksAndBottlesMember_AccumulatedDepreciationAndAmortisationMember">
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            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
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                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ugp:LPGTanksAndBottlesMember</xbrldi:explicitMember>
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            <instant>2018-12-31</instant>
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            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
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    <context id="I20181231_VehiclesMember_AccumulatedDepreciationAndAmortisationMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
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            <instant>2018-12-31</instant>
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        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
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                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
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        <period>
            <startDate>2019-01-01</startDate>
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    <context id="I20181231_FixturesAndFittingsMember_AccumulatedDepreciationAndAmortisationMember">
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            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
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            <instant>2018-12-31</instant>
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            <startDate>2019-01-01</startDate>
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    <context id="I20181231_ITEquipmentMember_AccumulatedDepreciationAndAmortisationMember">
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            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
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        <period>
            <instant>2018-12-31</instant>
        </period>
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            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
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        <period>
            <startDate>2019-01-01</startDate>
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    <context id="I20181231_ConstructionInProgressMember_AccumulatedDepreciationAndAmortisationMember">
        <entity>
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        </period>
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    <context id="I20181231_AdvancesToSuppliersMember_AccumulatedImpairmentMember">
        <entity>
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            <instant>2018-12-31</instant>
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    <context id="I20181231_BuildingsMember_AccumulatedImpairmentMember">
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    <context id="I20191231_ConstructionInProgressMember_AccumulatedImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedImpairmentMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:ConstructionInProgressMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="I20181231_FixturesAndFittingsMember_AccumulatedImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedImpairmentMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:FixturesAndFittingsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2018-12-31</instant>
        </period>
    </context>
    <context id="D20191231_FixturesAndFittingsMember_AccumulatedImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedImpairmentMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:FixturesAndFittingsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
    </context>
    <context id="I20191231_FixturesAndFittingsMember_AccumulatedImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedImpairmentMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:FixturesAndFittingsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="I20181231_AccumulatedImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedImpairmentMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2018-12-31</instant>
        </period>
    </context>
    <context id="D20191231_AccumulatedImpairmentMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedImpairmentMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
    </context>
    <context id="I20211231_LaterThanOneYearMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanOneYearMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="I20191231_GrossCarryingAmountMember_GoodwillMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsAndGoodwillAxis">ifrs-full:GoodwillMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="D20201231_GrossCarryingAmountMember_GoodwillMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsAndGoodwillAxis">ifrs-full:GoodwillMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="I20201231_GrossCarryingAmountMember_GoodwillMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsAndGoodwillAxis">ifrs-full:GoodwillMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="I20201231_GrossCarryingAmountMember_ComputerSoftwareMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsAndGoodwillAxis">ifrs-full:ComputerSoftwareMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="D20201231_GrossCarryingAmountMember_ComputerSoftwareMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsAndGoodwillAxis">ifrs-full:ComputerSoftwareMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="I20191231_GrossCarryingAmountMember_ComputerSoftwareMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsAndGoodwillAxis">ifrs-full:ComputerSoftwareMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="I20201231_GrossCarryingAmountMember_TechnologybasedIntangibleAssetsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsAndGoodwillAxis">ifrs-full:TechnologybasedIntangibleAssetsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="D20201231_GrossCarryingAmountMember_TechnologybasedIntangibleAssetsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsAndGoodwillAxis">ifrs-full:TechnologybasedIntangibleAssetsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="I20201231_GrossCarryingAmountMember_CommercialPropertyRightsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsAndGoodwillAxis">ugp:CommercialPropertyRightsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="D20201231_GrossCarryingAmountMember_CommercialPropertyRightsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsAndGoodwillAxis">ugp:CommercialPropertyRightsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="I20201231_GrossCarryingAmountMember_DistributionRightsAssetMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsAndGoodwillAxis">ugp:DistributionRightsAssetMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="D20201231_GrossCarryingAmountMember_DistributionRightsAssetMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsAndGoodwillAxis">ugp:DistributionRightsAssetMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="I20201231_GrossCarryingAmountMember_BrandNamesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsAndGoodwillAxis">ifrs-full:BrandNamesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="D20201231_GrossCarryingAmountMember_BrandNamesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsAndGoodwillAxis">ifrs-full:BrandNamesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="I20201231_GrossCarryingAmountMember_TrademarkRightsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsAndGoodwillAxis">ugp:TrademarkRightsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="D20201231_GrossCarryingAmountMember_TrademarkRightsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsAndGoodwillAxis">ugp:TrademarkRightsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="I20201231_GrossCarryingAmountMember_OtherIntangibleAssetsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsAndGoodwillAxis">ifrs-full:OtherIntangibleAssetsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="D20201231_GrossCarryingAmountMember_OtherIntangibleAssetsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsAndGoodwillAxis">ifrs-full:OtherIntangibleAssetsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="I20201231_GrossCarryingAmountMember_DecarbonizationCreditsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsAndGoodwillAxis">ugp:DecarbonizationCreditsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="D20201231_GrossCarryingAmountMember_DecarbonizationCreditsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsAndGoodwillAxis">ugp:DecarbonizationCreditsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="I20191231_GrossCarryingAmountMember_TechnologybasedIntangibleAssetsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsAndGoodwillAxis">ifrs-full:TechnologybasedIntangibleAssetsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="I20191231_GrossCarryingAmountMember_CommercialPropertyRightsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsAndGoodwillAxis">ugp:CommercialPropertyRightsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="I20191231_GrossCarryingAmountMember_DistributionRightsAssetMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsAndGoodwillAxis">ugp:DistributionRightsAssetMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="I20191231_GrossCarryingAmountMember_BrandNamesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsAndGoodwillAxis">ifrs-full:BrandNamesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="I20191231_GrossCarryingAmountMember_TrademarkRightsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsAndGoodwillAxis">ugp:TrademarkRightsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="I20191231_GrossCarryingAmountMember_OtherIntangibleAssetsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsAndGoodwillAxis">ifrs-full:OtherIntangibleAssetsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="I20191231_GrossCarryingAmountMember_DecarbonizationCreditsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsAndGoodwillAxis">ugp:DecarbonizationCreditsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="I20191231_AccumulatedDepreciationAndAmortisationMember_ComputerSoftwareMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsAndGoodwillAxis">ifrs-full:ComputerSoftwareMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="D20201231_AccumulatedDepreciationAndAmortisationMember_ComputerSoftwareMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsAndGoodwillAxis">ifrs-full:ComputerSoftwareMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="I20201231_AccumulatedDepreciationAndAmortisationMember_ComputerSoftwareMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsAndGoodwillAxis">ifrs-full:ComputerSoftwareMember</xbrldi:explicitMember>
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            <instant>2020-12-31</instant>
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            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:BusinessCombinationsAxis">ugp:IconicCblsamemberMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="D20211231_OxitenoUruguayMember_1">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:BusinessCombinationsAxis">ugp:OxitenoUruguayMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="D20211231_TemmarMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:BusinessCombinationsAxis">ugp:TemmarMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="D20211231_DNPMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:BusinessCombinationsAxis">ugp:DNPMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="D20211231_RepsolMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:BusinessCombinationsAxis">ugp:RepsolMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="D20211231_TEASTerminalExportadorDeAlcoolDeSantosLtdaMember_1">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:BusinessCombinationsAxis">ugp:TEASTerminalExportadorDeAlcoolDeSantosLtdaMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="D20211231_BusinessCombinationsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:BusinessCombinationsAxis">ifrs-full:BusinessCombinationsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="I20211231_SubsidiariesGroupTwoMember_ICMSMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ugp:TaxesAxis">ugp:ICMSMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">ugp:SubsidiariesGroupTwoMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="D20201231_ExtrafarmaMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:BusinessCombinationsAxis">ugp:ExtrafarmaMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="D20201231_IpirangaMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:BusinessCombinationsAxis">ugp:IpirangaMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="D20201231_UniaoTerminaisMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:BusinessCombinationsAxis">ugp:UniaoTerminaisMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="D20201231_TexacoMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:BusinessCombinationsAxis">ugp:TexacoMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="D20201231_IconicCblsamemberMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:BusinessCombinationsAxis">ugp:IconicCblsamemberMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="D20201231_OxitenoUruguayMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:BusinessCombinationsAxis">ugp:OxitenoUruguayMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="D20201231_TemmarMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:BusinessCombinationsAxis">ugp:TemmarMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="D20201231_DNPMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:BusinessCombinationsAxis">ugp:DNPMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="D20201231_RepsolMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:BusinessCombinationsAxis">ugp:RepsolMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="D20201231_TEASTerminalExportadorDeAlcoolDeSantosLtdaMember_1">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:BusinessCombinationsAxis">ugp:TEASTerminalExportadorDeAlcoolDeSantosLtdaMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="D20201231_BusinessCombinationsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:BusinessCombinationsAxis">ifrs-full:BusinessCombinationsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="I20201231_SubsidiariesGroupTwoMember_ICMSMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ugp:TaxesAxis">ugp:ICMSMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">ugp:SubsidiariesGroupTwoMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="D20211231_ExtrafarmaMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:BusinessCombinationsAxis">ugp:ExtrafarmaMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="I20211231_FixedInterestRateMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:LiabilitiesArisingFromFinancingActivitiesAxis">ifrs-full:FixedInterestRateMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="I20201231_SubsidiariesGroupThreeMember_ICMSMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ugp:TaxesAxis">ugp:ICMSMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">ugp:SubsidiariesGroupThreeMember</xbrldi:explicitMember>
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        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="I20211231_BrazilianFederalRevenueServiceMember_PisAndCofinsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ugp:TaxesAxis">ugp:PisAndCofinsMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">ugp:BrazilianFederalRevenueServiceMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="I20201231_BrazilianFederalRevenueServiceMember_PisAndCofinsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ugp:TaxesAxis">ugp:PisAndCofinsMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">ugp:BrazilianFederalRevenueServiceMember</xbrldi:explicitMember>
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        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="I20211231_SubsidiariesGroupFourMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">ugp:SubsidiariesGroupFourMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="I20201231_SubsidiariesGroupFourMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">ugp:SubsidiariesGroupFourMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="I20201231_ComputerSoftwareMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsAndGoodwillAxis">ifrs-full:ComputerSoftwareMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="I20211231_LaterThanOneYearAndNotLaterThanTwoYearsMember_4">
        <entity>
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            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="I20211231_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_4">
        <entity>
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            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="I20211231_LaterThanThreeYearsAndNotLaterThanFourYearsMember_1">
        <entity>
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            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:LaterThanThreeYearsAndNotLaterThanFourYearsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="I20211231_LaterThanFourYearsAndNotLaterThanFiveYearsMember_1">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:LaterThanFourYearsAndNotLaterThanFiveYearsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="I20211231_LaterThanFiveYearsMember_1">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:LaterThanFiveYearsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="I20201231_LaterThanOneYearAndNotLaterThanTwoYearsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="I20201231_LaterThanTwoYearsAndNotLaterThanThreeYearsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
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    <context id="I20201231_LaterThanThreeYearsAndNotLaterThanFourYearsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:LaterThanThreeYearsAndNotLaterThanFourYearsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
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    <context id="I20201231_LaterThanFourYearsAndNotLaterThanFiveYearsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
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        </entity>
        <period>
            <instant>2020-12-31</instant>
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    <context id="I20201231_LaterThanFiveYearsMember">
        <entity>
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            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:LaterThanFiveYearsMember</xbrldi:explicitMember>
            </segment>
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        <period>
            <instant>2020-12-31</instant>
        </period>
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    <context id="D20211231_IpirangaProdutosdePetroleoSAMember_ForeignLoansMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
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                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">ugp:IpirangaProdutosdePetroleoSAMember</xbrldi:explicitMember>
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        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
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    <context id="D20211231_IpirangaProdutosdePetroleoSAMember_ForeignLoansMember_ForeignLoanOneMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ugp:ForeignLoanAxis">ugp:ForeignLoanOneMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">ugp:ForeignLoansMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">ugp:IpirangaProdutosdePetroleoSAMember</xbrldi:explicitMember>
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        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
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    <context id="D20211231_IpirangaProdutosdePetroleoSAMember_ForeignLoansMember_ForeignLoanTwoMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ugp:ForeignLoanAxis">ugp:ForeignLoanTwoMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">ugp:ForeignLoansMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">ugp:IpirangaProdutosdePetroleoSAMember</xbrldi:explicitMember>
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        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
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    <context id="D20211231_IpirangaProdutosdePetroleoSAMember_ForeignLoansMember_ForeignLoanThreeMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ugp:ForeignLoanAxis">ugp:ForeignLoanThreeMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">ugp:ForeignLoansMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">ugp:IpirangaProdutosdePetroleoSAMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="I20211231_DomesticSuppliersMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ugp:TradePayablesAxis">ugp:DomesticSuppliersMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="I20211231_DomesticSuppliersReverseFactoringMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ugp:TradePayablesAxis">ugp:DomesticSuppliersReverseFactoringMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="I20211231_ForeignSuppliersMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ugp:TradePayablesAxis">ugp:ForeignSuppliersMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="I20211231_ForeignSuppliersReverseFactoringMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ugp:TradePayablesAxis">ugp:ForeignSuppliersReverseFactoringMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="I20201231_DomesticSuppliersMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ugp:TradePayablesAxis">ugp:DomesticSuppliersMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="I20201231_DomesticSuppliersReverseFactoringMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ugp:TradePayablesAxis">ugp:DomesticSuppliersReverseFactoringMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="I20201231_ForeignSuppliersMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ugp:TradePayablesAxis">ugp:ForeignSuppliersMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="I20201231_ForeignSuppliersReverseFactoringMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ugp:TradePayablesAxis">ugp:ForeignSuppliersReverseFactoringMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="I20201231_RouteasyServicosDeAssessoriaLogisticaLtdaMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">ugp:RouteasyServicosDeAssessoriaLogisticaLtdaMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="I20211231_OtherRelatedPartiesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">ifrs-full:OtherRelatedPartiesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
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    <context id="I20201231_OtherRelatedPartiesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">ifrs-full:OtherRelatedPartiesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="I20211231_RefinariaDePetroleoRigrandenseMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">ugp:RefinariaDePetroleoRigrandenseMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="D20211231_RefinariaDePetroleoRigrandenseMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">ugp:RefinariaDePetroleoRigrandenseMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="I20211231_ChevronThailandLimitedMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">ugp:ChevronThailandLimitedMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="D20211231_ChevronThailandLimitedMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">ugp:ChevronThailandLimitedMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
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    <context id="I20211231_ChevronLubricantsLankaPlcMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">ugp:ChevronLubricantsLankaPlcMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
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    <context id="D20211231_ChevronLubricantsLankaPlcMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">ugp:ChevronLubricantsLankaPlcMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="I20211231_ChevronLubricantsOilsSAMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">ugp:ChevronLubricantsOilsSAMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
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    <context id="D20211231_ChevronLubricantsOilsSAMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">ugp:ChevronLubricantsOilsSAMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="I20211231_ChevronMarineProductsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">ugp:ChevronMarineProductsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="D20211231_ChevronMarineProductsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">ugp:ChevronMarineProductsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="I20211231_ChevronOroniteBrasilLtdaMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">ugp:ChevronOroniteBrasilLtdaMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="D20211231_ChevronOroniteBrasilLtdaMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">ugp:ChevronOroniteBrasilLtdaMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="D20211231_NotesInForeignMarketMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialInstrumentsAxis">ugp:NotesInForeignMarketMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="I20201231_NotesInForeignMarketMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialInstrumentsAxis">ugp:NotesInForeignMarketMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="I20211231_NotesInForeignMarketMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialInstrumentsAxis">ugp:NotesInForeignMarketMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="I20201231_UnsecuredNotesPayableNotConvertibleIntoSharesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialInstrumentsAxis">ugp:UnsecuredNotesPayableNotConvertibleIntoSharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="D20211231_UnsecuredNotesPayableNotConvertibleIntoSharesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialInstrumentsAxis">ugp:UnsecuredNotesPayableNotConvertibleIntoSharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="I20211231_UnsecuredNotesPayableNotConvertibleIntoSharesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialInstrumentsAxis">ugp:UnsecuredNotesPayableNotConvertibleIntoSharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="D20211231_BancoDoBrasilMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialInstrumentsAxis">ugp:BancoDoBrasilMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="I20201231_BancoDoBrasilMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialInstrumentsAxis">ugp:BancoDoBrasilMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="I20211231_BancoDoBrasilMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialInstrumentsAxis">ugp:BancoDoBrasilMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="I20211231_ChevronProductsCompanyMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">ugp:ChevronProductsCompanyMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="D20211231_ChevronProductsCompanyMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">ugp:ChevronProductsCompanyMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="D20201231_DebenturesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialInstrumentsAxis">ugp:DebenturesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="I20191231_DebenturesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialInstrumentsAxis">ugp:DebenturesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="D20201231_NotesInForeignMarketMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialInstrumentsAxis">ugp:NotesInForeignMarketMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
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    <context id="I20191231_NotesInForeignMarketMember">
        <entity>
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            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialInstrumentsAxis">ugp:NotesInForeignMarketMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="D20201231_UnsecuredNotesPayableNotConvertibleIntoSharesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialInstrumentsAxis">ugp:UnsecuredNotesPayableNotConvertibleIntoSharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
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    <context id="I20191231_UnsecuredNotesPayableNotConvertibleIntoSharesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialInstrumentsAxis">ugp:UnsecuredNotesPayableNotConvertibleIntoSharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="I20211231_ISSMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ugp:TaxesAxis">ugp:ISSMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="D20201231_BancoDoBrasilMember">
        <entity>
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            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialInstrumentsAxis">ugp:BancoDoBrasilMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
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    <context id="I20191231_BancoDoBrasilMember">
        <entity>
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            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialInstrumentsAxis">ugp:BancoDoBrasilMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
    </context>
    <context id="I20211231_ChevronBelgiumNvMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">ugp:ChevronBelgiumNvMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="D20211231_ChevronBelgiumNvMember">
        <entity>
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            <segment>
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        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
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    <context id="I20191231_ForeignLoansMember">
        <entity>
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            <segment>
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        <period>
            <instant>2019-12-31</instant>
        </period>
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    <context id="D20201231_ForeignLoansMember">
        <entity>
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            <segment>
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        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
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    <context id="I20201231_ForeignLoansMember">
        <entity>
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            <segment>
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            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
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    <context id="I20191231_OtherTransactionCostsMember">
        <entity>
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            <segment>
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        </entity>
        <period>
            <instant>2019-12-31</instant>
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    <context id="D20201231_OtherTransactionCostsMember">
        <entity>
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            <segment>
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        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
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    <context id="I20201231_OtherTransactionCostsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
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            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="I20211231_OtherTaxesPayableMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ugp:TaxesAxis">ugp:OtherTaxesPayableMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="I20211231_ChevronPetroleumCoColombiaMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">ugp:ChevronPetroleumCoColombiaMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="D20211231_ChevronPetroleumCoColombiaMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">ugp:ChevronPetroleumCoColombiaMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-01-01</startDate>
            <endDate>2021-12-31</endDate>
        </period>
    </context>
    <context id="D20200430_UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt6thApril2021Member_IpirangaProdutosdePetroleoSAMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">ugp:UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt6thApril2021Member</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">ugp:IpirangaProdutosdePetroleoSAMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-04-01</startDate>
            <endDate>2020-04-30</endDate>
        </period>
    </context>
    <context id="I20200430_UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt6thApril2021Member_IpirangaProdutosdePetroleoSAMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">ugp:UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt6thApril2021Member</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">ugp:IpirangaProdutosdePetroleoSAMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-04-30</instant>
        </period>
    </context>
    <context id="D20191231_DebenturesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialInstrumentsAxis">ugp:DebenturesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
    </context>
    <context id="I20181231_DebenturesMember">
        <entity>
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            <segment>
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        </entity>
        <period>
            <instant>2018-12-31</instant>
        </period>
    </context>
    <context id="D20191231_NotesInForeignMarketMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialInstrumentsAxis">ugp:NotesInForeignMarketMember</xbrldi:explicitMember>
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        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
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    <context id="I20181231_NotesInForeignMarketMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialInstrumentsAxis">ugp:NotesInForeignMarketMember</xbrldi:explicitMember>
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        </entity>
        <period>
            <instant>2018-12-31</instant>
        </period>
    </context>
    <context id="D20191231_BancoDoBrasilMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
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        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
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    <context id="I20181231_BancoDoBrasilMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
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        </entity>
        <period>
            <instant>2018-12-31</instant>
        </period>
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    <context id="D20191231_ForeignLoansMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialInstrumentsAxis">ugp:ForeignLoansMember</xbrldi:explicitMember>
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        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
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    <context id="I20181231_ForeignLoansMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
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        <period>
            <instant>2018-12-31</instant>
        </period>
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    <context id="D20191231_OtherTransactionCostsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
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        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
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    <context id="I20181231_OtherTransactionCostsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialInstrumentsAxis">ugp:OtherTransactionCostsMember</xbrldi:explicitMember>
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        <period>
            <instant>2018-12-31</instant>
        </period>
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        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
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        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
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    <context id="D20201231_RefinariaDePetroleoRigrandenseMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
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            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
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    <context id="I20201231_ConectCarSolucoesDeMobilidadeEletronicaMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">ugp:ConectCarSolucoesDeMobilidadeEletronicaMember</xbrldi:explicitMember>
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        <period>
            <instant>2020-12-31</instant>
        </period>
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    <context id="D20201231_ConectCarSolucoesDeMobilidadeEletronicaMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
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        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
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    <context id="I20211231_DebenturesMember_NotLaterThanOneYearMember">
        <entity>
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            <instant>2021-12-31</instant>
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    <context id="I20211231_NotesInForeignMarketMember_NotLaterThanOneYearMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
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        <period>
            <instant>2021-12-31</instant>
        </period>
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    <context id="I20211231_BancoDoBrasilMember_NotLaterThanOneYearMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
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        <period>
            <instant>2021-12-31</instant>
        </period>
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    <context id="I20211231_NotLaterThanOneYearMember_4">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:NotLaterThanOneYearMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
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    <context id="I20201231_LA7ParticipaesEEmpreendImobLtdaMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">ugp:LA7ParticipaesEEmpreendImobLtdaMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="D20201231_LA7ParticipaesEEmpreendImobLtdaMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">ugp:LA7ParticipaesEEmpreendImobLtdaMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
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    <context id="I20211231_DebenturesMember_LaterThanOneYearAndNotLaterThanTwoYearsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
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                <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
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    <context id="I20211231_NotesInForeignMarketMember_LaterThanOneYearAndNotLaterThanTwoYearsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialInstrumentsAxis">ugp:NotesInForeignMarketMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="I20211231_BancoDoBrasilMember_LaterThanOneYearAndNotLaterThanTwoYearsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialInstrumentsAxis">ugp:BancoDoBrasilMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember</xbrldi:explicitMember>
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        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
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    <context id="I20211231_DebenturesMember_LaterThanTwoYearsAndNotLaterThanThreeYearsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialInstrumentsAxis">ugp:DebenturesMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember</xbrldi:explicitMember>
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        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="I20211231_NotesInForeignMarketMember_LaterThanTwoYearsAndNotLaterThanThreeYearsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialInstrumentsAxis">ugp:NotesInForeignMarketMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
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    <context id="I20211231_BancoDoBrasilMember_LaterThanTwoYearsAndNotLaterThanThreeYearsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
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                <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="I20201231_ChevronThailandLimitedMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">ugp:ChevronThailandLimitedMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="D20201231_ChevronThailandLimitedMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">ugp:ChevronThailandLimitedMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
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    <context id="I20211231_DebenturesMember_LaterThanThreeYearsAndNotLaterThanFourYearsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
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                <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:LaterThanThreeYearsAndNotLaterThanFourYearsMember</xbrldi:explicitMember>
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        <period>
            <instant>2021-12-31</instant>
        </period>
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    <context id="I20211231_NotesInForeignMarketMember_LaterThanThreeYearsAndNotLaterThanFourYearsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
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                <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:LaterThanThreeYearsAndNotLaterThanFourYearsMember</xbrldi:explicitMember>
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        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
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    <context id="I20211231_BancoDoBrasilMember_LaterThanThreeYearsAndNotLaterThanFourYearsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
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                <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:LaterThanThreeYearsAndNotLaterThanFourYearsMember</xbrldi:explicitMember>
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        <period>
            <instant>2021-12-31</instant>
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    <context id="I20211231_DebenturesMember_LaterThanFourYearsAndNotLaterThanFiveYearsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
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                <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:LaterThanFourYearsAndNotLaterThanFiveYearsMember</xbrldi:explicitMember>
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        <period>
            <instant>2021-12-31</instant>
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    <context id="I20211231_NotesInForeignMarketMember_LaterThanFourYearsAndNotLaterThanFiveYearsMember">
        <entity>
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                <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:LaterThanFourYearsAndNotLaterThanFiveYearsMember</xbrldi:explicitMember>
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        <period>
            <instant>2021-12-31</instant>
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    <context id="I20211231_BancoDoBrasilMember_LaterThanFourYearsAndNotLaterThanFiveYearsMember">
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        <period>
            <instant>2021-12-31</instant>
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    <context id="I20201231_ChevronBrasilOleosBasicosLtdaMember">
        <entity>
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        <period>
            <instant>2020-12-31</instant>
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        <period>
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            <endDate>2020-12-31</endDate>
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    <context id="I20211231_DebenturesMember_LaterThanFiveYearsMember">
        <entity>
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        <period>
            <instant>2021-12-31</instant>
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    <context id="I20211231_NotesInForeignMarketMember_LaterThanFiveYearsMember">
        <entity>
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        <period>
            <instant>2021-12-31</instant>
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        <period>
            <instant>2021-12-31</instant>
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    <context id="I20201231_ChevronLatinAmericaMarketingLlcMember">
        <entity>
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            <segment>
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        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
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    <context id="D20201231_ChevronLatinAmericaMarketingLlcMember">
        <entity>
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        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
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    <context id="I20201231_ChevronLubricantsLankaPlcMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
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            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
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    <context id="D20201231_ChevronLubricantsLankaPlcMember">
        <entity>
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            <segment>
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            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
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    <context id="I20201231_ChevronLubricantsOilsSAMember">
        <entity>
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            <segment>
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            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="D20201231_ChevronLubricantsOilsSAMember">
        <entity>
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            <segment>
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            </segment>
        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
    </context>
    <context id="I20201231_ChevronMarineProductsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">ugp:ChevronMarineProductsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2020-12-31</instant>
        </period>
    </context>
    <context id="D20201231_ChevronMarineProductsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
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        </entity>
        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
        </period>
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        <entity>
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        <period>
            <instant>2020-12-31</instant>
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        <entity>
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        <period>
            <startDate>2020-01-01</startDate>
            <endDate>2020-12-31</endDate>
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    <context id="I20211231_IpirangaProdutosdePetroleoSAMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
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        <period>
            <instant>2021-12-31</instant>
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    <context id="I20201231_IpirangaProdutosdePetroleoSAMember">
        <entity>
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            <segment>
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        <period>
            <instant>2020-12-31</instant>
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        <entity>
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            <segment>
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        <period>
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            <segment>
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        <entity>
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        <entity>
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        <period>
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        <entity>
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            <segment>
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        </entity>
        <period>
            <instant>2019-12-31</instant>
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        <entity>
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            </segment>
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        <period>
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            <endDate>2019-12-31</endDate>
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        <entity>
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            <segment>
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            </segment>
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        <period>
            <instant>2019-12-31</instant>
        </period>
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        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">ugp:LA7ParticipaesEEmpreendImobLtdaMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
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        <entity>
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            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">ugp:LA7ParticipaesEEmpreendImobLtdaMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
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    <context id="D20191231_ChevronThailandLimitedMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001094972</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">ugp:ChevronThailandLimitedMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-01-01</startDate>
            <endDate>2019-12-31</endDate>
        </period>
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    <context id="I20191231_ChevronThailandLimitedMember">
        <entity>
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            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">ugp:ChevronThailandLimitedMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2019-12-31</instant>
        </period>
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        <entity>
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            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">ugp:ChevronBrasilOleosBasicosLtdaMember</xbrldi:explicitMember>
            </segment>
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        <period>
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        <entity>
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        <period>
            <instant>2019-12-31</instant>
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        <entity>
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        <entity>
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        <period>
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        <entity>
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        <entity>
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        <entity>
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        <period>
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        <entity>
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        <entity>
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        <entity>
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        <period>
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        <entity>
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        <period>
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        <period>
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        <period>
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        <period>
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        <entity>
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    <context id="D20211231_BottomOfRangeMember_DeferredStockUnitPlanMember">
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            <endDate>2021-12-31</endDate>
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        <entity>
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        <entity>
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        <period>
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        <entity>
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            <segment>
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        <period>
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            <endDate>2021-12-31</endDate>
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        <entity>
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        <entity>
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        <entity>
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        <entity>
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            <instant>2020-12-31</instant>
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            <instant>2020-12-31</instant>
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        <period>
            <instant>2020-12-31</instant>
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            <segment>
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&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt;1. Operations&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Ultrapar &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Participa&#xe7;&#xf5;es&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; S.A. (&#x201c;Ultrapar&#x201d; or &#x201c;Company&#x201d;) is a publicly-traded company headquartered at the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Brigadeiro&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; Luis Ant&#xf4;nio Avenue, 1343 in the city of S&#xe3;o Paulo &#x2013; SP, Brazil, listed on B3 S.A. &#x2013; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Brasil&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, Bolsa, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Balc&#xe3;o&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (&#x201c;B3&#x201d;), in the Novo Mercado listing segment under the ticker &#x201c;UGPA3&#x201d; and on the New York Stock Exchange (&#x201c;NYSE&#x201d;) in the form of level III American Depositary Receipts (&#x201c;ADRs&#x201d;) under the ticker &#x201c;UGP&#x201d;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The Company engages in the investment of its own capital in services, commercial, and industrial activities, through the subscription or acquisition of shares of other companies. Through its subsidiaries, it operates in the segments of liquefied petroleum gas &#x2013; LPG distribution (&#x201c;Ultragaz&#x201d;), fuel distribution and related businesses (&#x201c;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Ipiranga&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#x201d;), storage services for liquid bulk (&#x201c;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Ultracargo&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#x201d;) and digital payments segment (&#x201c;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Abastece&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;a&#xed;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#x201d;). The information about segments &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;are&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; disclosed in Note 32&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The activities related to the production and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;marketing&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; of chemical products (&#x201c;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Oxiteno&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#x201d;) and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;retail distribution of pharmaceutical, hygiene, beauty, and skincare products (&#x201c;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Extrafarma&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#x201d;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; are presented as discontinued operations (see Note 3).&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;"&gt;a. Clarifications on the impacts of COVID-19&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The World Health Organization (&#x201c;WHO&#x201d;) declared a coronavirus pandemic (COVID-19) on March 11, 2020. To contain a spread of the virus in Brazil, the Ministry of Health (&#x201c;MH&#x201d;) and the state and municipal governments announced several actions to reduce the agglomeration and movement of people, including the closing of commerce, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;parks&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and common areas. In this context, the Company created a Crisis Committee to keep up with it and monitor the main risks and adopt preventive and emergency measures to reduce the pandemic effects.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;Since the beginning of the coronavirus pandemic, the Company and its subsidiaries acted in numerous initiatives to ensure the safety and security of its employees and the stability and continuity of its operations and partners, the financial solidity of the Company. All the activities of the companies controlled by the Company are classified as essential in the context of the measures adopted to face the pandemic.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The Company and its subsidiaries quickly adopted the work at home (expressed by home office) for the administrative public, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;with&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; all the necessary support for the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;operational continuity&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. In addition to basic safety concerns with employees, companies implemented several initiatives aimed at welfare, such as virtual meetings, psychological &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;support&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and concern for ergonomics, following &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; principle of valuing people.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The emergency measures and speed in answer to the first effects of the crisis, as well as initiatives to support the supply chain, were effective to keep the activities of the subsidiaries in operation, ensuring the delivery of essential services to the population and preserving the health &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and security &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of employees&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and partners&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;R&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;emains uncertain&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; to what extent the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;financial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;information, after&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December 31, 2021, may be affected by the commercial, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;operational&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and financial impacts of the pandemic, because it will depend on its duration and the impacts on economic activities, as well as government, business in response to the crisis. In this context, some financial risk assessments, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;projections&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and impairment tests, in connection with the preparation of th&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ese&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;financial statements&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, may be impacted by the pandemic, and may adversely affect the financial position of the Company and its subsidiaries.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
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&lt;p style="margin: 0px; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', 'serif'; color: #000000; text-indent: 0px;"&gt;&lt;br/&gt;&lt;i/&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold; text-decoration: underline;"&gt;Operational impacts&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The implemented measures of social isolation, restrictions on the movement of people and to the operation of certain businesses due to COVID-19 pandemic affected economic activity in Brazil in the last &lt;span style="-sec-ix-hidden:Tag8000"&gt;two&lt;/span&gt; years, however, with the advance of vaccination the negative impacts have been reduced in the last months. No significant effects were observed on the operations of the Company and its subsidiaries in the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;year&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; of 2021.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold; text-decoration: underline;"&gt;Main risks and associated measures&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; text-decoration: underline;"&gt;Credit risk&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; - The actions taken by the Company and its subsidiaries &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;throughout 2020 &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and 2021 softened the impacts of the pandemic on the financial condition and its customers and, consequently, mitigated its potential effects on default rates, that are at lower level than in 2020. The effects of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;loss allowance for expected credit losses&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;year&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; ended December 31, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;202&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;1&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; are disclosed in Notes 6 and 33.d.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; text-decoration: underline;"&gt;Risk of realization of deferred tax assets&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; - the Company and its subsidiaries annually prepare technical assumption study of the constitution and realization of credits related to&#160;deferred tax assets, considering the current projections and tax planning strategies approved by the Board of Directors and did not identify the need for write-offs for the year ended on December 31, 202&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;1&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; text-decoration: underline;"&gt;Risks in financial instruments&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; - the increase in volatility in financial markets may impact financial results according to sensitivity analyzes presented in Note 33&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; text-decoration: underline;"&gt;Liquidity risk&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#x2013;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The Company and its subsidiaries presented &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;movements&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; in their net debt position consistent with the results and the seasonality of their businesses.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The management of the Company and its subsidiaries &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;continue &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;maintain&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ing&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; discipline in control of costs and expenses to preserve cash in all business and selectivity in the allocation of capital&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; without compromising sustainable business growth&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&#160;&#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;"&gt;b. Clarifications on the cyber incident&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Company&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;experienced&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;on&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;January&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 11, 2021 a &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ransomware&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;attack&#160;&lt;/span&gt;in its &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;information&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;technology&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;environment&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;As a &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;precautionary&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;measure&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Company&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;interrupted&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; its systems, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;affecting&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; for a short &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;period&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; time &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;operations&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; its &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;subsidiaries&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Immediately&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;all&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;security&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;control&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;measures&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;were&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;adopted&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;to&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;remedy&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;situation&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; as &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;January&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 14, 2021 &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;operational&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; systems &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Company&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; its &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;subsidiaries&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;began&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;to&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;be&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;gradually&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;restored&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;according&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;with&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;priority&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;relevance&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;each&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;affected&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;process&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Since&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;January&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 25, 2021&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;all&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;critical&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;information&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; systems &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Company&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; its &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;subsidiaries&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; are in full &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;operation&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Company&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;had&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; a &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;specific&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;insurance&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;policy&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; for cyber &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;incidents&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;which&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;has&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;already&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;been&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;triggered&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;being&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the assessment of&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;such&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;claim&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;is&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;in progress&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&#160;&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 11.0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;For further information see Note 35.b.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;div style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"&gt;
&lt;p style="margin: 10pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"&gt;&lt;b&gt;&lt;i&gt;&lt;span&gt;&lt;span style="font-style: italic; font-family: 'times new roman', times; font-size: 10pt;"&gt;c. Approval of the Oxiteno S.A. share purchase and sale agreement by CADE&#160;&lt;/span&gt;&lt;/span&gt;&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;
&lt;p style="margin: 10pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"&gt;&lt;span&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;On August 16, 2021, the Company announced the signing of a share purchase agreement for the sale of all shares of Oxiteno S.A. &#x2013; Ind&#xfa;stria e Com&#xe9;rcio (&#x201c;Oxiteno S.A.&#x201d;) to Indorama Ventures PLC (&#x201c;Indorama&#x201d;). On March 7, 2022, CADE approved the transaction without restrictions. On April 1, 2022, the transaction closed. The initial payment of &#160;US$&lt;span&gt;1,150&lt;/span&gt;&lt;span&gt; million (equivalent to R$ 5,449.6 million) &lt;span style="font-size: 8pt;"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/span&gt;, adjusted by the variations in working capital and net debt position of US$&#160;176 million (equivalent to R$ 834,0 million) &lt;span style="font-size: 8pt;"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/span&gt;, resulted in the total initial payment of US$ 1,326 (equivalent to R$ 6,283.6 million)&lt;span style="font-size: 8pt;"&gt;&lt;sup&gt; (1)&lt;/sup&gt;&lt;/span&gt;, which was settled on April 1, 2022. This amount is still subject to final working capital and net debt adjustments. The final payment of&lt;/span&gt;&#160;US$&lt;span&gt;150&lt;/span&gt;&lt;span&gt; million (equivalent to R$ 710.8 million) (1), will be settled in April 2024. Oxiteno S.A.was controlled by the Company, which held a 100% interest in the Company.&#160;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 10pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"&gt;&lt;span&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&lt;span&gt;&lt;span style="font-size: 9pt;"&gt;(1) As of the closing date of the transaction, the amount converted into Reais using the exchange rate of US$ &lt;span style="border-right: none; border-left: none;"&gt;1.00&lt;/span&gt; to R$ 4.74, which implies a closing value of R$ 6,283.6 million for the initial payment.&lt;/span&gt;&lt;br/&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;
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    <ugp:DisclosureOfPresentationOfFinancialStatementsAndSummaryOfSignificantAccountingPoliciesTextBlock contextRef="D20211231_3" id="Tag704">
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&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"&gt;2. Presentation &lt;/span&gt;&lt;span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"&gt;of &lt;/span&gt;&lt;span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"&gt;f&lt;/span&gt;&lt;span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"&gt;inancial &lt;/span&gt;&lt;span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"&gt;statements&lt;/span&gt;&lt;span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"&gt; and &lt;/span&gt;&lt;span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"&gt;s&lt;/span&gt;&lt;span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"&gt;ummary &lt;/span&gt;&lt;span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"&gt;of &lt;/span&gt;&lt;span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"&gt;s&lt;/span&gt;&lt;span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"&gt;ignificant &lt;/span&gt;&lt;span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"&gt;a&lt;/span&gt;&lt;span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"&gt;ccounting &lt;/span&gt;&lt;span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"&gt;p&lt;/span&gt;&lt;span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"&gt;olicies&lt;/span&gt;&lt;br/&gt;&lt;/p&gt;
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&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The consolidated &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;financial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;statements&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (&#x201c;financial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;statements&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#x201d;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;were prepared&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; in accordance with &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;International &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Financial Reporting&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; Standard&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (&#x201c;I&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;FRS&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#x201d;) &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;issued by the International Accounting Standards Board (&#x201c;IASB&#x201d;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The presentation currency of the Company&#x2019;s &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;financial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;statements&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;is the Brazilian Real&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; which is the Company&#x2019;s functional currency.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The Company and its subsidiaries applied the accounting policies described below in a consistent manner for all &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;years&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; presented in these &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;financial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;statements&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The Company classified the transactions related to the purchase and sale agreements of Oxiteno and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Extraf&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;arma as current assets held for sale and discontinued operations&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;T&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;he comparative information of the income and cash flow statements for the year ended December 31, 2020&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and 2019&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; were re-presented for the purposes of applying IFRS 5 for consistency of presentation for all years presented as shown in Note 3.c.3.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;"&gt;a. Recognition of revenue&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Revenue&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; of sales and services&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;rendered is measured at the value of the consideration that the Company's subsidiaries expect to be entitled to, net of sales returns, discounts&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; amortization of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;contractual assets with customers &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and other deduction&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, if applicable, being recognized as the entity fulfills its performance obligation and freight mode of delivery.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;At &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Ipiranga&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, the r&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;evenue from sales of fuels and lubricants is recognized when the products are delivered to gas stations and to large consumers. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;At Ultragaz, r&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;evenue from sales &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of LPG &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;is recognized when the products are delivered to customers at home, to independent dealers and to industrial and commercial customers. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;At &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Extrafarma&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, the r&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;evenue from sales of&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; pharmaceutical&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; is recognized when the products are delivered to end &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;user &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;customers&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; in own drugstores and when the&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; products&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; are delivered to independent resellers. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;At &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Oxiteno&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, the r&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;evenue &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;from sales &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of chemical products is recognized when the products are delivered to &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;industrial&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; customers. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;At &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Ultracargo&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, t&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;he revenue provided &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;from &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;storage services is recognized &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;services&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; are performed&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. At &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Abastece&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;a&#xed;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, the revenue provided from storage services of digital payments is recognized as services are performed. The &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;breakdown&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; of revenue&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; from&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; sales and services&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;are&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; shown in N&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ote&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;32&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Amortization of contract&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ual&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; assets&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; with customers&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; for the exclusive rights in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Ipiranga&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#x2019;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;reseller service stations &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and the bonus&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;es paid in performance obligation sales&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; are recognized &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in the income statement &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as a &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;d&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;eduction of the revenue &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;from sale &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;a&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ccord&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ing to &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the conditions established per terms of underlying&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;agreements&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(see Notes 2.f and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;12&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The am/pm franchising upfront fee is recognized in profit or loss as the entity fulfills each performance obligation throughout the term of the agreements with the franchisees. For more information, see Note &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;2&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;4&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.a.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Deferred revenue from loyalty program is recognized in the income statement when the points are redeemed, on which occasion the costs incurred are also recognized in profit or loss. Deferred revenue of unredeemed points is also recognized in profit or loss when points expire. For more information, see Note &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;2&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;4&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.b.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Costs of products &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;sold&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and services provided include goods (mainly fuels&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;lubricants&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; LPG&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and pharmaceutical&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; products&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;), raw materials (chemicals and petrochemicals) and production, distribution, storage&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;fulfillment&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; costs.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Exchange variations and the results of derivative financ&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;e&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; instruments are presented &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;net &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in the statement of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;profit and loss&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;on&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; financ&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;e&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; expenses.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

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&lt;div id="t_ft_HR7S8VF39S00000000000000000000b"&gt;

&lt;/div&gt;
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&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;b. Cash and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;c&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;ash &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;e&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;quivalents&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Include&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; cash, banks deposits&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and short-term&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; up to 90 days of maturity from acquisition date&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; highly&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;liquid investments that are readily convertible into a known amount of cash and are subject to an insignificant risk of change in value. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;F&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;or &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;more&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;information&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;on cash and cash equivalents&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, see Note &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;5&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.a&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0cm 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', 'serif';"&gt;&lt;br/&gt;&lt;/p&gt;

&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;c. Financial assets&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;&#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;T&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;he Company and its subsidiaries&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; evaluated the classification and measurement of financial assets&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;based on its business&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; model&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; of financial assets&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; as follows:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;ul style="margin: 0pt; padding-left: 0pt;"&gt;
&lt;li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Amortized cost: financial assets held &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in order to&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; collect&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; contractual &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;cash &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;flows, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;solely&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; principal and interest. The interest earned and the foreign currency exchange variation are recognized in profit or loss and balances are stated at acquisition cost plus the interest earned, using the effective interest rate method.&lt;/span&gt;&lt;/span&gt;&lt;/li&gt;
&lt;/ul&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;ul style="margin: 0pt; padding-left: 0pt;"&gt;
&lt;li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Measured at fair value through other comprehensive income: financial assets that are acquired or originated for the purpose of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;collecting&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; contractual cash flows or &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;selling financial assets&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. The balances are stated at fair value, and the interest earned&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and the foreign currency exchange variation are recognized in profit or loss. Differences between fair value and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;initial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;amount&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; of financial investments&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;plus the interest earned are recognized&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; in equity&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; in other comprehensive income in the &#x201c;Other reserves&#x201d;. Accumulated gains and losses recognized in equity are reclassified to profit or loss at the time of their settlement. Substantially the financial investments in Bank Certificates&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; of Deposit&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#x201c;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;CDB&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#x201d;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;) and repurchase agreements are classified as measured at fair value through other comprehensive income.&lt;/span&gt;&lt;/span&gt;&lt;/li&gt;
&lt;/ul&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;ul style="margin: 0pt; padding-left: 0pt;"&gt;
&lt;li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Measured at fair value through profit or loss: financial assets &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;that were &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;not classified as amortized cost or measured at fair value through other comprehensive income. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The b&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;alances are stated at fair value and both &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the interest&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; earned and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;exchange variations and changes in fair value are r&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ecognized&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; in the income statement. Investment funds and derivative&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; are classified as measured at fair value through profit or loss.&lt;/span&gt;&lt;/span&gt;&lt;/li&gt;
&lt;/ul&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;The Company and its subsidiaries use financial instruments for hedging purposes, applying the concepts described below:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;ul style="margin: 0pt; padding-left: 0pt;"&gt;
&lt;li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Hedge accounting &#x2013; fair value hedge: financial instruments used to hedge exposure to changes in the fair value of an item, attributable to a particular risk, which can affect the entity&#x2019;s &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;statements of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;profit or loss. In the initial designation of the fair value hedge, the relationship between the hedging instrument and the hedged item is documented, including the objectives of risk management, the strategy in conducting the transaction, and the methods to be used to evaluate its effectiveness. Once the fair value hedge has been qualified as effective, the hedge item is also measured at fair value. Gains and losses from hedge instruments and hedge items are recognized &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the statements of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;profit or loss. The hedge accounting must be discontinued when the hedge becomes ineffective.&lt;/span&gt;&lt;/span&gt;&lt;/li&gt;
&lt;/ul&gt;
&lt;div&gt;
&lt;div id="t_ft_DLH9Q89UA800000000000000000000b"&gt;

&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;ul style="margin: 0pt; padding-left: 0pt;"&gt;
&lt;li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Hedge accounting &#x2013; cash flow hedge: financial instruments used to hedge the exposure to variability in cash flows that is attributable to a risk associated with an asset or liability or highly probable transaction &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;or firm commitment &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;that may affect the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;statements of profit or loss&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. The portion of the gain or loss on the hedging instrument that is determined to be effective relating to the effects of exchange rate effect, is recognized directly in equity in accumulated other comprehensive income as &#x201c;Other reserves&#x201d; while the ineffective portion is recognized in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the statements of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;profit or loss. Gains or losses on the hedging instrument relating to the effective portion of this hedge that had been recognized directly in accumulated other comprehensive income shall be recognized in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the statements of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;profit or loss in the period in which the hedged item is recognized in profit or loss or as initial cost of non-financial assets, in the same line of the statement that the hedged item is recognized. The hedge accounting shall be discontinued when (&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;i&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the hedging relationship&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; is canceled&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;; (ii) the hedging instrument expires&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; or&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (iii) the hedging instrument no longer qualifies for hedge accounting. When hedge accounting is discontinued, gains and losses recognized &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in equity&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in other comprehensive income are reclassified to &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the statements of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;profit or loss in the period which the hedged item is recognized in profit or loss. If the transaction hedged is canceled or is not expected to occur, the cumulative gains and losses &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in equity&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in other comprehensive income shall be recognized immediately in profit or loss.&lt;/span&gt;&lt;/span&gt;&lt;/li&gt;
&lt;/ul&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;ul style="margin: 0pt; padding-left: 0pt;"&gt;
&lt;li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Hedge accounting &#x2013; hedge of net investments in foreign operation: financial instruments used to hedge exposure on net investments in foreign subsidiaries &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;due to the fact that&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; the local functional currency is different from the functional currency of the Company. The portion of the gain or loss on the hedging instrument that is determined to be effective, referring to the exchange rate effect, is recognized directly in equity in accumulated other comprehensive income as cumulative translation adjustments, while the ineffective portion and the operating costs are recognized &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the statements of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;profit or loss. The gain or loss on the hedging instrument that has been recognized directly in accumulated other comprehensive income shall be recognized in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the statements of profit or loss&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;when the&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;disposal of the foreign &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;subsidiary occur&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/li&gt;
&lt;/ul&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;For &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;more&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;information on &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;financial instruments, see Note 33&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;div&gt;
&lt;div id="t_ft_D6OQFXG43400000000000000000000b"&gt;

&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;"&gt;d. Trade receivables and reseller financing&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Trade receivables are recognized at the amount invoiced&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;to&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; the counterparty that the Company and subsidiaries are entitled&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(see Notes &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;6&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.a&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and 33&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.d.3)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;loss allowance for expected credit losses&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;consider&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; the expect&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ed&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; losses for the next 12 months &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;take into account&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; the deterioration or improvement of the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;customers&#x2019; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;credit quality&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, considering the customers&#x2019; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;characteristics in each business segment&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; The amount&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; of the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;expected&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;credit losses&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;is deemed by management to be sufficient to cover any loss on realization of trade receivables.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Reseller financing is provided at subsidized rate for renovation and upgrading of service stations, purchase of products and development of the automotive fuels and lubricants distribution market (see Notes &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;6&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.b and 33&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.d.3). The terms of reseller financing range between 12 and 60 months, with an average term of 40 months. The minimum and maximum subsidized interest rates are 0% per month and 1% per month respectively. These financing are remeasured at a market rate for working capital loans and the remeasurement adjustment between the market rate and the rate subsidized is recognized as a reduction to the reseller&#x2019;s revenue at the beginning of the contract. Throughout the contract, the interest appropriated by the market rate is recognized to the financial result.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;"&gt;e. Inventories&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Inventories are stated at the lower of acquisition cost or net realizable value&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (see Note &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;7&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. The cost value of inventory is measured using the weighted average cost and includes the costs of acquisition and processing directly &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and indirectly &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;related to the units produced based on the normal capacity of production. Estimates of net realizable value are based on the average selling prices at the end of the reporting period, net of applicable direct selling expenses. Subsequent events related to the fluctuation of prices and costs are also considered, if relevant. If net realizable values are below inventory costs, a provision corresponding to this difference is recognized. Provisions are also made for obsolescence of products, materials&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; or supplies that (&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;i&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;) do not meet its subsidiaries&#x2019; specifications, (ii) have exceeded their expiration date&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; or (iii) are considered slow-moving inventory. This classification is made by management with the support of its industrial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and operation&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;team&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;"&gt;f. Contractual assets with customers &#x2013; exclusive rights&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Exclusive rights disbursements as provided in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Ipiranga&#x2019;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; agreements with reseller service stations and major consumers are recognized as &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;contractual assets&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; when paid and amortized according to the conditions established in the agreements (see Note &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;2.a and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;12&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;).&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

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&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;

&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;g. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;A&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;ssets&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt; and liabilities&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt; held for sale and discontinued operations&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Non-current assets and related liabilities are classified as held for sale if it is highly probable that their book value will be recovered, primarily&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; through a sale transaction rather than continued use. The classification criteria are met only when the sale is highly probable, the asset or group of assets is held for immediate sale in its current condition and the sale is expected to occur within 12 months after classification as held for sale.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;A line of business or subsidiary is classified a discontinued operation when the sale occurs of a component of the company that represents an important separate line of business or when the operation meets the criteria to be classified as held for sale. Reclassification occurred in 2021, and once classified as discontinued operations the results and cash flows are presented separately based on the classification of the respective assets and liabilities held for sale.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Assets and liabilities held for sale and discontinued operations are measured at the lower of the&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; book value&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and fair value, net of selling expenses, and presented separately in the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;statements of financial position&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;h&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;. Investments&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Investments in associates and joint ventures are accounted for under the equity method of accounting in the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;financial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;statements&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (see Note &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;13&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; items &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;a&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;b&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;). An associate is an investment, in which an investor has significant influence, that is, has the power to participate in the financial and operating decisions of the investee but does not exercise control. A joint venture is an investment in which the shareholders have the right to net assets on behalf of a joint control. Joint control is the agreement, which establish that decisions about the relevant activities of the investee require the consent from the parties that share control.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Other investments are stated at acquisition cost less provision for &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;losses, unless&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; the loss is considered temporary.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

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&lt;p style="margin: 0cm 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', 'serif';"&gt;&lt;br/&gt;&lt;/p&gt;

&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;i&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;. Right&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;-of-&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;use assets and lease&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt; payable&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Company and its &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;subsidiaries recognized in the financial position, right&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;-of-&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;use assets and the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;respective lease&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; liabilities&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;initially measured at the present value of future lease payments, considering the related contract costs (see Note &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;14&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;). &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The amortization expenses of right&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;-of-&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;use assets is recognized in statement of profit or loss &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;over the lease contract term&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. When the right-of-use asset is used&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; the&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; construction of the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;property, plant, and equipment&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(&#x201c;PP&amp;amp;E&#x201d;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, its amortization is capitalized until&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; the asset under construction &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;is&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;completed&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The liability is increased for interest and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;decreased by lease&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; payments&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; made&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. The &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;interests&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; are recognized in the statement of profit or loss using the effective interest rate method.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The remeasurement of assets and liabilities based on the contractual index is recognized in the financial position, not having an effect in the result. In case of cancellation of the contract, the assets and respective liabilities are written off to the result&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, considering, if it is the case, any penalties provided in contractual clauses. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The Company and its subsidiaries have no intention in purchasing the underlying asset. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The Company and its subsidiaries &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;periodically &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;review the existence of an indication that the righ&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;t&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;-of-&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;use assets may &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;be impaired&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (see &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;N&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ote 2.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;v&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;).&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Right&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;-of-&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;use assets include amo&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;u&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;nts related to &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;area port leases&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; grants (see Note 34&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.c)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Company and its &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;subsidiaries &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;apply &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;recognition &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;exemptions &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;to &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;short-term leases of 12 months or less and lease &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;contracts &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of low amount assets. In these cases, the recognition of the lease expense in the statements of profit or loss is on a straight-line basis.&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;br/&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;br/&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;


&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;j&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Property, plant, and equipment&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;PP&amp;amp;E &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;is recognized at acquisition or construction cost, including &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;capitalization of right-of-use assets and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;financial charges incurred on &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;PP&amp;amp;E&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; under construction, as well as &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;qualifying&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;maintenance costs resulting from scheduled plant outages and estimated costs to remove, to decommission&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; or to restore assets (see Note&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s 2.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;o&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;22&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;less &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;accumulated depreciation and, when applicable, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;less&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;provision for &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;losses&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (see Note &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;15&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Depreciation is calculated using the straight-line method, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;over &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the periods mentioned in Note &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;15&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;taking into account&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;estimated &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;useful li&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ves&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; of the assets, which are reviewed annually.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Lease&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;hold improvements are depreciated over the shorter of the lease contract term and useful life of the property.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;div&gt;
&lt;div id="t_ft_7R27Q66D1S00000000000000000000b"&gt;

&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0cm 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', 'serif';"&gt;&lt;br/&gt;&lt;/p&gt;

&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;k&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Intangible &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;a&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;ssets&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Intangible assets include assets acquired by the Company and its subsidiaries from third parties,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;are recognized&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; according to the criteria below:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;ul style="margin: 0pt; padding-left: 0pt;"&gt;
&lt;li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Goodwill is shown as intangible assets corresponding to the positive difference between the amount paid or payable to the seller and the fair value of the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;identifiable&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; assets and liabilities assumed of the acquired entity. Goodwill is tested annually for impairment. Goodwill is allocated to the business segments, which represent the lowest level that goodwill is monitored for impairment testing purposes (see Note &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;16&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.a).&lt;/span&gt;&lt;/span&gt;&lt;/li&gt;
&lt;/ul&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;ul style="margin: 0pt; padding-left: 0pt;"&gt;
&lt;li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Other intangible assets acquired from third parties, such as &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;software&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, technology, and commercial property rights, are measured at the total acquisition cost and amortized using straight-line method, over the periods mentioned in Note &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;16&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;taking into account&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; their useful lives, which are reviewed annually.&lt;/span&gt;&lt;/span&gt;&lt;/li&gt;
&lt;/ul&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;ul style="margin: 0pt; padding-left: 0pt;"&gt;
&lt;li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;d&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ecarbonization &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;c&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;redits (&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#x201c;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;CBIOS&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#x201d;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;) acquired are recorded at historical cost in intangible assets&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;retired in the year to &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;fulfillment&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; the individual target set by the National Agency &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; Petroleum, Natural Gas and Biofuels (&#x201c;ANP&#x201d;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and are not amortized. These assets are used to settle&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; of&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;annual deca&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;r&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;bonization obligation adopted by Brazilian National Biofuels Policy &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(&#x201c;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;RenovaBio&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#x201d;), &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;implemented by Law No. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;13,576/2017, with additional regulations established by Decree No. 9,888/2019 and Ordinance No. 419 of November 20, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;2019&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; issued by the Brazilian Ministry of Mines and Energy&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/li&gt;
&lt;/ul&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The Company and its subsidiaries have not recognized intangible assets that were &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;generated&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; internally. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The Company and its subsidiaries have goodwill and brands acquired in business combination&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, which are evaluated as intangible assets with indefinite useful life (see Note &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;16&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; items &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;a&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;e&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;).&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;l&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Other assets&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;Other assets are stated at the lower of cost and realizable value, including, if applicable, interest earned, monetary changes and changes in exchange rates incurred, less the provisions for losses and, if applicable, adjusted to present value.&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;m&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Financial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;l&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;iabilities&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The financial liabilities include trade payables, other payables, financing, loans, debentures&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;leases&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; payable&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;derivative financial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;instruments. Financial liabilities are classified as &#x201c;financial liabilities at fair value through profit or loss&#x201d; or &#x201c;financial liabilities at amorti&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;z&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ed cost&#x201d;. The financial liabilities at fair value through profit or loss refer to derivative financial instruments&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;subscription warrants&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; - indemnification&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and financial liabilities designated as hedged items in a fair value hedge relationship upon initial recognition (see Note 2.c &#x2013; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;F&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;air &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;V&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;alue &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;H&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;edge). The financial liabilities at amorti&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;z&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ed cost are stated at the initial transaction amount plus related charges and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;net of amortization and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;transaction costs. The charges are recognized in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the statement of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;profit or loss using the effective interest rate method.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Transaction costs incurred and directly attributable to the activities necessary for contracting loans or for issuing bonds, as well as premiums and discounts upon issuance of debentures and other debt, are allocated to the instrument and amortized &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in the statement of&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; profit or loss &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;taking into&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; its term,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;using the effective interest rate method&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (see Note &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;17&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;h&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;div&gt;
&lt;div id="t_ft_HTO4FEHR5C00000000000000000000b"&gt;

&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;

&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;n&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Income and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;ocial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;c&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;ontribution &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;t&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;axes on &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;i&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;ncome&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Current and deferred income tax (&#x201c;IRPJ&#x201d;) and social contribution on net income tax (&#x201c;CSLL&#x201d;) are calculated based on their current rates&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. For the calculation of current IRPJ&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, the value of tax incentives&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;is&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; also considered&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. At the end of the fiscal year the portion of the profit corresponding to these investment grants is allocated to the constitution of a tax incentive reserve in subsidiaries shareholders' equity and is excluded from the dividend calculation base and subsequently capitalized. Taxes are recognized based on the rates of IRPJ and CSLL provided for by the laws enacted on the last day of the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;financial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;statements&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The current rates in Brazil are 25% for &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;IRPJ&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and 9% for &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;CSLL&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;For &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;more&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;information&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;about recognition and realization of IRPJ and CSLL see Note &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;10&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;For purposes of disclosure deferred tax assets were offset against the deferred tax liability &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;IRPJ&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;CSLL&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; the same taxable entity and the same tax authority.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;o&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Provision for &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;a&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;sset &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;r&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;et&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;i&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;rement &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;o&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;bligation &#x2013; fuel tanks&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The subsidiar&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;y &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Ipiranga&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; ha&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; the legal obligation to remove &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; underground fuel tanks located at &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Ipiranga&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;-branded service stations after a certain period. The estimated cost of the obligation to remove these fuel tanks is recognized as a liability when &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;tanks are installed. The estimated cost is recognized in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;PP&amp;amp;E&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and depreciated over the respective useful li&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ves&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; of the asset. The amounts recognized as a liability &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;accrue &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;inflation effect&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;using the&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Amplified&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; Consumer Price Index &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(&#x201c;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;IPCA&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#x201d;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;until the tank is removed (see Note&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;22&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;). The estimated removal cost is reviewed and updated annually or when there is significant change in its amount&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and change in the estimated cost&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; are recognized in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;statements of profit or loss&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;when they become known&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;p&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Provisions for tax, civil, and labor risks&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;A provision for tax, civil and labor risks is recognized for quantifiable risks, when the chance of loss is more-likely-than-not in the opinion of management and internal and external legal counsel, and the amounts are recognized based on &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;evaluation of the outcomes of the legal proceedings (see Note &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;23&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;).&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;q&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Post-employment benefits&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Post-employment benefits granted and to be granted to employees, retirees, and pensioners are based on an actuarial calculation prepared by an independent actuary&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and reviewed by management&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, using the projected unit credit method (see Note &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;21&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.b). The actuarial gains and losses are recognized in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;equity in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;cumulative &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;other comprehensive income&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; in the &#x201c;Other reserves&#x201d;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;r&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Other &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;l&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;iabilities&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Other liabilities are stated at known or measurable amounts and changes in exchange rates incurred. When applicable, other liabilities are recognized at present value&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; based on interest rates that reflect the term, currency&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and risk of each transaction.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;div&gt;
&lt;div id="t_ft_BG2ZLQ34TC00000000000000000000b"&gt;

&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Foreign currency transactions&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Foreign currency transactions carried out by the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Company&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; or its subsidiaries are remeasured into their functional currency at the exchange rate prevailing at the date of each transaction. Outstanding monetary assets and liabilities of the Company and its subsidiaries are translated using the exchange rate at the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;date&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of the&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;financial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;statements&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. The effect of the difference between those exchange rates is recognized in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;financial results&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; until the conclusion of each transaction.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;t&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Basis for &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;t&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;ranslation of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;f&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;inancial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;statements&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt; of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;f&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;oreign &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;ubsidiaries&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;t&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;.1 Subsidiaries with administrative &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;autonomy&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Assets and liabilities of the foreign subsidiaries denominated in currencies other than Brazilian Real which have administrative &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;autonomy&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;are translated using the exchange rate at the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;date of the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;financial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;statements&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. Revenues and expenses are translated using the average exchange rate of each &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;year&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and equity &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;is&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; translated at the historic&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;al&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; exchange rate of each transaction affecting equity. Gains and losses resulting from changes in these foreign investments are directly recognized in equity &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in the &#x201c;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;cumulative translation adjustments&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#x201d;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and will be recognized in profit or loss &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;if and when&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; these investments are disposed of. The balance in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;cumulative &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;translation adjustments&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;on &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;1&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;20&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;2&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;1&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;was &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;a &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;gain&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;304,645&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(gain of R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;231,596&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;on December 31, 20&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;20&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and is related to the subsidiaries &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Oxiteno&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; which on December 31, 2021 were classified as assets and liabilities held for sale. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;S&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ee Note&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s 3 and&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;26&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;g&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.2&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The foreign subsidiaries with functional currency different from the Company and which have administrative &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;autonomy&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;are listed below:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_V770ESUDVK00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 105px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 11.35pt; background-color: #ffffff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; width: 68%; height: 20px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold; text-decoration: underline;"&gt; Subsidiary &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; width: 15%; text-align: center; border-bottom: 1pt solid #000000; height: 20px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; Functiona&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt;l&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; width: 2%; text-align: center; height: 20px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; width: 15%; text-align: center; border-bottom: 1pt solid #000000; height: 20px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; Location &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 7.7pt;"&gt;
&lt;td style="vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt; Oxiteno M&#xe9;xico S.A. de C.V. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; text-align: center; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Mexican Peso &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; text-align: center; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; text-align: center; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Mexico &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 7.15pt; background-color: #ffffff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt; &#160;&#160;&#160;Oxiteno Servicios Corporativos S.A. de C.V. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; text-align: center; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Mexican Peso &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; text-align: center; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; text-align: center; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Mexico &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 7.35pt;"&gt;
&lt;td style="vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt; &#160;&#160;&#160;Oxiteno Servicios Industriales S.A. de C.V. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; text-align: center; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Mexican Peso &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; text-align: center; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; text-align: center; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Mexico &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 5.45pt; background-color: #ffffff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt; &#160;&#160;&#160;Oxiteno USA LLC &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; text-align: center; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; U.S. Dollar &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; text-align: center; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; text-align: center; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; United States &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10.75pt;"&gt;
&lt;td style="vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt; Oxiteno Uruguay S.A. (i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; text-align: center; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; U.S. Dollar &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; text-align: center; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; text-align: center; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Uruguay &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt 14.2pt; text-align: justify; text-indent: -14.2pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(i) &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The subsidiary Oxiteno Uruguay S.A. (&#x201c;Oxiteno Uruguay&#x201d;) determined its functional currency as the U.S. dollar&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (&#x201c;US$&#x201d;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, as its &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;inventory &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;sales, purchases of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;raw material inputs&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, and financing activities are performed substantially in this currency.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;t&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;.2 &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Subsidiaries without administrative &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;autonomy&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Assets and liabilities of the other foreign subsidiaries, which do not have administrative &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;autonomy&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, are considered an &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;extension&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; of the activities of their parent &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;company&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and are translated using the exchange rate at the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;date of the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;financial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;statements&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. Gains and losses resulting from changes in these foreign investments are directly recognized as financial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;result&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;T&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;he &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;gain&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;recognized in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;income &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;for the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;year&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; ended &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;1&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, 2021&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;amounted to R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;2,309&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;(gain of R$ 15,126 for the year ended December 31, 2020&#160; and gain of R$ 2,017 for the year ended December 31, 2019).&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;div&gt;
&lt;div id="t_ft_9E99MPF5Y800000000000000000000b"&gt;

&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0cm 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', 'serif';"&gt;&lt;br/&gt;&lt;/p&gt;

&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;u&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Use of estimates, assumptions and judgments&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The preparation of the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;financial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;statements&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;requires the use of estimates, assumptions&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and judgments for the accounting and disclosure of certain assets, liabilities&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;profit or loss&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. Therefore, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Company and subsidiaries&#x2019; management use the best information available at the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;date&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of preparation of the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;financial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;statements&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, as well as the experience of past and current events, also considering assumptions regarding future events. The estimates and assumptions are reviewed periodically&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;u&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;.1 Judgments&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Information on the judgments is included: in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;determin&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ation of&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; control &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; subsidiaries (Notes 2.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;h&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, 2.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;t&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.1 &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;4&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;), &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the determination of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;joint control &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; joint venture (Notes 2.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;h&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;13&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.a)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;determin&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ation&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;significant influence &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in associates &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(Notes 2.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;h&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;13&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;b&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;).&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;u&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;.2 Uncertainties &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;related to the&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt; assumptions and estimates&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The information regarding uncertainties related to the assumptions and estimates are included: in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;determining the fair value of financial instruments (Notes &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;2.c, 2.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;m&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;5&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;17&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;34&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;), the determination of the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;loss allowance for expected credit losses&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (Note&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;2.d, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;6&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;34&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.d.3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;), &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the determination of provisions for losses of inventories (Note&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s 2.e&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;7&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;), &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the estima&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;tes&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;realization of deferred &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;IRPJ and CSLL&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;amounts &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(Note&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s 2.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;n&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;10&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.a&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;), &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the useful lives and discount rate of right&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;-of-&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;use assets (Notes 2.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;i&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;14&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;),&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the useful li&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ves &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;PP&amp;amp;E&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (Note&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s 2.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;j&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;15&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;), the useful li&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ves&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; of intangible assets&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and the determination of the recoverable amount of goodwill (Note&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s 2.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;k&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;16&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.a&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;), provisions for assets retirement obligations (Note&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s 2.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;o&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;22&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;), &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;provisions for &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;tax, civil&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and labor&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; risks&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (Note&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s 2.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;p&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;23&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; estimates for the preparation of actuarial reports (Note&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s 2.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;q&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;21&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.b)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and the determination of fair value of subscription warrants &#x2013; indemnification&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (Notes &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;25&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;34&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.j&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. The actual result of the transactions and information may differ from their estimates.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

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&lt;p style="margin: 0cm 0cm 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', 'serif';"&gt;&lt;br/&gt;&lt;/p&gt;

&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;v&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Impairment of assets&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The Company and its subsidiaries review &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;every report&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ing&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; period&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; the existence of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;any &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;indication that an asset may be impaired.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;To &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;intangible assets with &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;indefinite&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; useful life&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; the review is done annually. If there is an indication&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;devaluation&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; the Company and its subsidiaries estimate the recoverable amount of the asset. Assets that cannot be evaluated individually are grouped in the smallest group of assets that generate cash &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;inflow&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; from continuous use and that are largely independent of cash flows of other assets (&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;cash generating units&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &#x201c;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;CGU&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#x201d;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;). The recoverable amount of assets or CGUs corresponds to the greater of their fair value net of applicable direct selling costs and their value in use.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The fair value &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;less&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; costs &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;to sell&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;is determined by the price that would be received to sell an asset in an orderly transaction between market participants at the measurement date, net of costs of removing the asset, and direct incremental costs to bring an asset into condition for its sale, legal costs&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and taxes.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;To assess the value in use, the projections of future cash flows, trends&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and outlooks, as well as the effects of obsolescence, demand, competition&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and other economic factors&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; were considered&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. Such cash flows are discounted to their present values &#x200b;&#x200b;using the discount rate before tax that reflects market conditions for the period of impairment testing and the specific risks of the asset or CGU being evaluated. In cases where the expected discounted future cash flows are less than their carrying amount, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;an &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;impairment loss is recognized for the amount by which the carrying value exceeds the fair value of these assets. Losses for impairment of assets are recognized in profit or loss. In case goodwill has been allocated to a CGU, the recognized losses are first allocated to reduce the corresponding goodwill. If the goodwill is not enough to absorb such losses, the surplus is allocated to the assets on a pro-rata basis. An impairment of goodwill cannot be reversed. For other assets, impairment losses may be reversed only to the extent that the asset's carrying amount does not exceed the carrying amount that would have been determined, net of depreciation or amortization, if the impairment had not been recognized.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;On &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;1&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, 2021, the Company &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;updated the calculation of the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;impairment of assets carried out on June 30, 2021&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;for the subsidiary &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Imifarma&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Produtos&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Farmac&#xea;uticos&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; e &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Cosm&#xe9;ticos&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; S.A. (&#x201c;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Extrafarma&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#x201d;) for the amount of R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;427,529&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and deferred income and social contribution taxes effects of R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;145,360&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, resulting in a net loss of R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;282,169&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. S&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ee Note 3.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;a&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;w&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Business &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;c&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;ombination&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;A business combination is accounted by&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;applying&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; the acquisition method. The cost of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;acquisition is measured &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;based on &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the consideration transferred and to be transferred, measured at fair value at the acquisition date. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The non-controlling interest in the acquired company&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;is measured based on its interest in net assets identified in the acquired company. Goodwill is measured as the excess of the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;consideration transferred and to be transferred&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;over the fair value of net assets acquired (identifiable assets and liabilities assumed, net). After &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;initial recognition, goodwill is measured at cost less any accumulated impairment losses. For impairment testing purposes, goodwill is allocated to the Company&#x2019;s &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;operating &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;segment&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. When the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;c&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ost of the acquisition&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;is &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;lower&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; than the fair value of net assets acquired, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;a&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; gain is recognized directly in the statement&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of profit or loss&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. Costs related to the acquisitions are recorded in the statement &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of profit or loss &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;when incurred. For the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;year&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; ended on &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;1&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;20&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;21&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and 2020&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; there &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;was&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; not business combination.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

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&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;

&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;x&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Statements of cash flows indirect method&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;&#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The Company and its subsidiaries present the interest paid on loans&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;financing, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;debentures&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, and leases payable&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; in financing activities&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and present &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;financial investments&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; net of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;redemptions&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;invest&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ing &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;activities&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;y&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Adoption of the pronouncements issued by IASB&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;There are no standards, amendments and interpretations to IFRS issued by the IASB which are effective and could have a material impact in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;th&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ese&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; financial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;statements&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; to &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;1&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;2021&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and 2020 &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;that have not been adopted by the Company.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;In order to&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; be prepared for the transition of the IBORs&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; the Company is monitoring the pronouncements of the authorities, as well as the measures that have been adopted, aiming at the adaptation of the financial instruments to the new benchmarks. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;On&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; June 2017, the Company, through the subsidiary Ipiranga Produtos de Petr&#xf3;leo S.A. (&#x201c;IPP&#x201d;), contracted a &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;financing&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;with maturity date&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;on&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; June 2022, with the current notional amount of USD 50 million (equivalent to R$ 279 million as of December 31, 2021) linked to LIBOR, with quarterly interest flows and principal amortization at maturity&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. At the time of the&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;debt raising&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, a swap transaction with a notional value and cash flow identical to the debt&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;was transacted with the same financial institution, through which the IPP became active in LIBOR, at an interest rate equivalent to the debt &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and liabilit&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;y&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;rate in floating rate &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;R&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;eais (see &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;N&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;otes 17 c.1, 17.d&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;33&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.g), these being the only operations &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;linked&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; to LIBOR. In view of the short-term maturity &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as well as&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; the debt&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;swap&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and the fact that both have the same cash flow and financial institution, the Company has evaluated that there are&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; not&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; currently significant impacts from the LIBOR change on its operations.&#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;z&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Authorization for issuance of the financial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;statements&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;These financial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;statements&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;w&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ere&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;authorized for and&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;by the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Management&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; on&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;May, 10&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;202&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;2&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;/div&gt;
</ugp:DisclosureOfPresentationOfFinancialStatementsAndSummaryOfSignificantAccountingPoliciesTextBlock>
    <ifrs-full:DescriptionOfAccountingPolicyForRecognitionOfRevenue contextRef="D20211231_3" id="Tag758">
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;"&gt;a. Recognition of revenue&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Revenue&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; of sales and services&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;rendered is measured at the value of the consideration that the Company's subsidiaries expect to be entitled to, net of sales returns, discounts&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; amortization of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;contractual assets with customers &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and other deduction&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, if applicable, being recognized as the entity fulfills its performance obligation and freight mode of delivery.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;At &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Ipiranga&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, the r&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;evenue from sales of fuels and lubricants is recognized when the products are delivered to gas stations and to large consumers. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;At Ultragaz, r&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;evenue from sales &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of LPG &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;is recognized when the products are delivered to customers at home, to independent dealers and to industrial and commercial customers. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;At &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Extrafarma&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, the r&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;evenue from sales of&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; pharmaceutical&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; is recognized when the products are delivered to end &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;user &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;customers&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; in own drugstores and when the&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; products&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; are delivered to independent resellers. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;At &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Oxiteno&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, the r&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;evenue &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;from sales &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of chemical products is recognized when the products are delivered to &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;industrial&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; customers. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;At &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Ultracargo&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, t&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;he revenue provided &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;from &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;storage services is recognized &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;services&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; are performed&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. At &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Abastece&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;a&#xed;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, the revenue provided from storage services of digital payments is recognized as services are performed. The &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;breakdown&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; of revenue&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; from&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; sales and services&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;are&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; shown in N&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ote&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;32&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Amortization of contract&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ual&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; assets&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; with customers&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; for the exclusive rights in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Ipiranga&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#x2019;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;reseller service stations &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and the bonus&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;es paid in performance obligation sales&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; are recognized &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in the income statement &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as a &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;d&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;eduction of the revenue &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;from sale &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;a&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ccord&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ing to &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the conditions established per terms of underlying&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;agreements&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(see Notes 2.f and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;12&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The am/pm franchising upfront fee is recognized in profit or loss as the entity fulfills each performance obligation throughout the term of the agreements with the franchisees. For more information, see Note &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;2&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;4&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.a.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Deferred revenue from loyalty program is recognized in the income statement when the points are redeemed, on which occasion the costs incurred are also recognized in profit or loss. Deferred revenue of unredeemed points is also recognized in profit or loss when points expire. For more information, see Note &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;2&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;4&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.b.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Costs of products &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;sold&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and services provided include goods (mainly fuels&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;lubricants&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; LPG&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and pharmaceutical&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; products&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;), raw materials (chemicals and petrochemicals) and production, distribution, storage&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;fulfillment&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; costs.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Exchange variations and the results of derivative financ&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;e&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; instruments are presented &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;net &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in the statement of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;profit and loss&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;on&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; financ&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;e&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; expenses.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
</ifrs-full:DescriptionOfAccountingPolicyForRecognitionOfRevenue>
    <ifrs-full:DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents contextRef="D20211231_3" id="Tag731">
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;b. Cash and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;c&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;ash &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;e&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;quivalents&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Include&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; cash, banks deposits&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and short-term&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; up to 90 days of maturity from acquisition date&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; highly&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;liquid investments that are readily convertible into a known amount of cash and are subject to an insignificant risk of change in value. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;F&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;or &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;more&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;information&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;on cash and cash equivalents&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, see Note &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;5&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.a&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
</ifrs-full:DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents>
    <ifrs-full:DescriptionOfAccountingPolicyForFinancialAssetsExplanatory contextRef="D20211231_3" id="Tag711">
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;c. Financial assets&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;&#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;T&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;he Company and its subsidiaries&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; evaluated the classification and measurement of financial assets&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;based on its business&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; model&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; of financial assets&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; as follows:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;ul style="margin: 0pt; padding-left: 0pt;"&gt;
&lt;li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Amortized cost: financial assets held &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in order to&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; collect&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; contractual &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;cash &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;flows, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;solely&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; principal and interest. The interest earned and the foreign currency exchange variation are recognized in profit or loss and balances are stated at acquisition cost plus the interest earned, using the effective interest rate method.&lt;/span&gt;&lt;/span&gt;&lt;/li&gt;
&lt;/ul&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;ul style="margin: 0pt; padding-left: 0pt;"&gt;
&lt;li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Measured at fair value through other comprehensive income: financial assets that are acquired or originated for the purpose of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;collecting&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; contractual cash flows or &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;selling financial assets&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. The balances are stated at fair value, and the interest earned&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and the foreign currency exchange variation are recognized in profit or loss. Differences between fair value and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;initial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;amount&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; of financial investments&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;plus the interest earned are recognized&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; in equity&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; in other comprehensive income in the &#x201c;Other reserves&#x201d;. Accumulated gains and losses recognized in equity are reclassified to profit or loss at the time of their settlement. Substantially the financial investments in Bank Certificates&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; of Deposit&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#x201c;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;CDB&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#x201d;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;) and repurchase agreements are classified as measured at fair value through other comprehensive income.&lt;/span&gt;&lt;/span&gt;&lt;/li&gt;
&lt;/ul&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;ul style="margin: 0pt; padding-left: 0pt;"&gt;
&lt;li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Measured at fair value through profit or loss: financial assets &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;that were &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;not classified as amortized cost or measured at fair value through other comprehensive income. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The b&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;alances are stated at fair value and both &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the interest&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; earned and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;exchange variations and changes in fair value are r&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ecognized&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; in the income statement. Investment funds and derivative&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; are classified as measured at fair value through profit or loss.&lt;/span&gt;&lt;/span&gt;&lt;/li&gt;
&lt;/ul&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;The Company and its subsidiaries use financial instruments for hedging purposes, applying the concepts described below:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;ul style="margin: 0pt; padding-left: 0pt;"&gt;
&lt;li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Hedge accounting &#x2013; fair value hedge: financial instruments used to hedge exposure to changes in the fair value of an item, attributable to a particular risk, which can affect the entity&#x2019;s &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;statements of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;profit or loss. In the initial designation of the fair value hedge, the relationship between the hedging instrument and the hedged item is documented, including the objectives of risk management, the strategy in conducting the transaction, and the methods to be used to evaluate its effectiveness. Once the fair value hedge has been qualified as effective, the hedge item is also measured at fair value. Gains and losses from hedge instruments and hedge items are recognized &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the statements of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;profit or loss. The hedge accounting must be discontinued when the hedge becomes ineffective.&lt;/span&gt;&lt;/span&gt;&lt;/li&gt;
&lt;/ul&gt;
&lt;div&gt;
&lt;div id="t_ft_DLH9Q89UA800000000000000000000b"&gt;

&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;ul style="margin: 0pt; padding-left: 0pt;"&gt;
&lt;li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Hedge accounting &#x2013; cash flow hedge: financial instruments used to hedge the exposure to variability in cash flows that is attributable to a risk associated with an asset or liability or highly probable transaction &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;or firm commitment &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;that may affect the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;statements of profit or loss&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. The portion of the gain or loss on the hedging instrument that is determined to be effective relating to the effects of exchange rate effect, is recognized directly in equity in accumulated other comprehensive income as &#x201c;Other reserves&#x201d; while the ineffective portion is recognized in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the statements of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;profit or loss. Gains or losses on the hedging instrument relating to the effective portion of this hedge that had been recognized directly in accumulated other comprehensive income shall be recognized in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the statements of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;profit or loss in the period in which the hedged item is recognized in profit or loss or as initial cost of non-financial assets, in the same line of the statement that the hedged item is recognized. The hedge accounting shall be discontinued when (&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;i&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the hedging relationship&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; is canceled&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;; (ii) the hedging instrument expires&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; or&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (iii) the hedging instrument no longer qualifies for hedge accounting. When hedge accounting is discontinued, gains and losses recognized &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in equity&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in other comprehensive income are reclassified to &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the statements of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;profit or loss in the period which the hedged item is recognized in profit or loss. If the transaction hedged is canceled or is not expected to occur, the cumulative gains and losses &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in equity&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in other comprehensive income shall be recognized immediately in profit or loss.&lt;/span&gt;&lt;/span&gt;&lt;/li&gt;
&lt;/ul&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;ul style="margin: 0pt; padding-left: 0pt;"&gt;
&lt;li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Hedge accounting &#x2013; hedge of net investments in foreign operation: financial instruments used to hedge exposure on net investments in foreign subsidiaries &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;due to the fact that&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; the local functional currency is different from the functional currency of the Company. The portion of the gain or loss on the hedging instrument that is determined to be effective, referring to the exchange rate effect, is recognized directly in equity in accumulated other comprehensive income as cumulative translation adjustments, while the ineffective portion and the operating costs are recognized &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the statements of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;profit or loss. The gain or loss on the hedging instrument that has been recognized directly in accumulated other comprehensive income shall be recognized in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the statements of profit or loss&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;when the&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;disposal of the foreign &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;subsidiary occur&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/li&gt;
&lt;/ul&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;For &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;more&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;information on &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;financial instruments, see Note 33&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
</ifrs-full:DescriptionOfAccountingPolicyForFinancialAssetsExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory contextRef="D20211231_3" id="Tag759">
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;"&gt;d. Trade receivables and reseller financing&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Trade receivables are recognized at the amount invoiced&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;to&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; the counterparty that the Company and subsidiaries are entitled&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(see Notes &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;6&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.a&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and 33&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.d.3)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;loss allowance for expected credit losses&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;consider&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; the expect&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ed&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; losses for the next 12 months &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;take into account&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; the deterioration or improvement of the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;customers&#x2019; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;credit quality&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, considering the customers&#x2019; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;characteristics in each business segment&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; The amount&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; of the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;expected&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;credit losses&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;is deemed by management to be sufficient to cover any loss on realization of trade receivables.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Reseller financing is provided at subsidized rate for renovation and upgrading of service stations, purchase of products and development of the automotive fuels and lubricants distribution market (see Notes &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;6&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.b and 33&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.d.3). The terms of reseller financing range between 12 and 60 months, with an average term of 40 months. The minimum and maximum subsidized interest rates are 0% per month and 1% per month respectively. These financing are remeasured at a market rate for working capital loans and the remeasurement adjustment between the market rate and the rate subsidized is recognized as a reduction to the reseller&#x2019;s revenue at the beginning of the contract. Throughout the contract, the interest appropriated by the market rate is recognized to the financial result.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
</ifrs-full:DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory>
    <ugp:TermsOfResellerFinancing contextRef="D20211231_BottomOfRangeMember" id="Tag790">P12M</ugp:TermsOfResellerFinancing>
    <ugp:TermsOfResellerFinancing contextRef="D20211231_TopOfRangeMember" id="Tag6205">P60M</ugp:TermsOfResellerFinancing>
    <ugp:TermsOfResellerFinancing contextRef="D20211231_WeightedAverageMember" id="Tag788">P40M</ugp:TermsOfResellerFinancing>
    <ugp:ResellerFinancingRatePerMonth
      contextRef="D20211231_BottomOfRangeMember"
      decimals="2"
      id="Tag787"
      unitRef="Pure">0</ugp:ResellerFinancingRatePerMonth>
    <ugp:ResellerFinancingRatePerMonth
      contextRef="D20211231_TopOfRangeMember"
      decimals="2"
      id="Tag180"
      unitRef="Pure">0.01</ugp:ResellerFinancingRatePerMonth>
    <ifrs-full:DescriptionOfAccountingPolicyForMeasuringInventories contextRef="D20211231_3" id="Tag750">
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;"&gt;e. Inventories&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Inventories are stated at the lower of acquisition cost or net realizable value&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (see Note &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;7&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. The cost value of inventory is measured using the weighted average cost and includes the costs of acquisition and processing directly &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and indirectly &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;related to the units produced based on the normal capacity of production. Estimates of net realizable value are based on the average selling prices at the end of the reporting period, net of applicable direct selling expenses. Subsequent events related to the fluctuation of prices and costs are also considered, if relevant. If net realizable values are below inventory costs, a provision corresponding to this difference is recognized. Provisions are also made for obsolescence of products, materials&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; or supplies that (&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;i&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;) do not meet its subsidiaries&#x2019; specifications, (ii) have exceeded their expiration date&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; or (iii) are considered slow-moving inventory. This classification is made by management with the support of its industrial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and operation&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;team&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
</ifrs-full:DescriptionOfAccountingPolicyForMeasuringInventories>
    <ugp:DescriptionOfAccountingPolicyForContractualAssetsWithCustomersExclusiveRightsTextBlock contextRef="D20211231_3" id="Tag753">
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;"&gt;f. Contractual assets with customers &#x2013; exclusive rights&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Exclusive rights disbursements as provided in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Ipiranga&#x2019;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; agreements with reseller service stations and major consumers are recognized as &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;contractual assets&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; when paid and amortized according to the conditions established in the agreements (see Note &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;2.a and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;12&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;).&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
</ugp:DescriptionOfAccountingPolicyForContractualAssetsWithCustomersExclusiveRightsTextBlock>
    <ifrs-full:DescriptionOfAccountingPolicyForNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleAndDiscontinuedOperationsExplanatory contextRef="D20211231_3" id="Tag179">
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;g. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;A&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;ssets&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt; and liabilities&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt; held for sale and discontinued operations&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Non-current assets and related liabilities are classified as held for sale if it is highly probable that their book value will be recovered, primarily&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; through a sale transaction rather than continued use. The classification criteria are met only when the sale is highly probable, the asset or group of assets is held for immediate sale in its current condition and the sale is expected to occur within 12 months after classification as held for sale.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;A line of business or subsidiary is classified a discontinued operation when the sale occurs of a component of the company that represents an important separate line of business or when the operation meets the criteria to be classified as held for sale. Reclassification occurred in 2021, and once classified as discontinued operations the results and cash flows are presented separately based on the classification of the respective assets and liabilities held for sale.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Assets and liabilities held for sale and discontinued operations are measured at the lower of the&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; book value&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and fair value, net of selling expenses, and presented separately in the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;statements of financial position&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
</ifrs-full:DescriptionOfAccountingPolicyForNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleAndDiscontinuedOperationsExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForInvestmentInAssociatesAndJointVenturesExplanatory contextRef="D20211231_3" id="Tag755">
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;h&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;. Investments&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Investments in associates and joint ventures are accounted for under the equity method of accounting in the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;financial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;statements&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (see Note &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;13&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; items &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;a&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;b&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;). An associate is an investment, in which an investor has significant influence, that is, has the power to participate in the financial and operating decisions of the investee but does not exercise control. A joint venture is an investment in which the shareholders have the right to net assets on behalf of a joint control. Joint control is the agreement, which establish that decisions about the relevant activities of the investee require the consent from the parties that share control.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Other investments are stated at acquisition cost less provision for &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;losses, unless&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; the loss is considered temporary.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
</ifrs-full:DescriptionOfAccountingPolicyForInvestmentInAssociatesAndJointVenturesExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForLeasesExplanatory contextRef="D20211231_3" id="Tag756">
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;i&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;. Right&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;-of-&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;use assets and lease&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt; payable&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Company and its &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;subsidiaries recognized in the financial position, right&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;-of-&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;use assets and the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;respective lease&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; liabilities&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;initially measured at the present value of future lease payments, considering the related contract costs (see Note &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;14&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;). &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The amortization expenses of right&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;-of-&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;use assets is recognized in statement of profit or loss &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;over the lease contract term&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. When the right-of-use asset is used&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; the&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; construction of the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;property, plant, and equipment&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(&#x201c;PP&amp;amp;E&#x201d;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, its amortization is capitalized until&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; the asset under construction &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;is&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;completed&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The liability is increased for interest and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;decreased by lease&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; payments&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; made&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. The &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;interests&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; are recognized in the statement of profit or loss using the effective interest rate method.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The remeasurement of assets and liabilities based on the contractual index is recognized in the financial position, not having an effect in the result. In case of cancellation of the contract, the assets and respective liabilities are written off to the result&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, considering, if it is the case, any penalties provided in contractual clauses. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The Company and its subsidiaries have no intention in purchasing the underlying asset. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The Company and its subsidiaries &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;periodically &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;review the existence of an indication that the righ&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;t&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;-of-&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;use assets may &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;be impaired&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (see &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;N&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ote 2.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;v&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;).&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Right&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;-of-&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;use assets include amo&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;u&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;nts related to &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;area port leases&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; grants (see Note 34&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.c)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Company and its &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;subsidiaries &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;apply &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;recognition &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;exemptions &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;to &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;short-term leases of 12 months or less and lease &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;contracts &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of low amount assets. In these cases, the recognition of the lease expense in the statements of profit or loss is on a straight-line basis.&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;br/&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;br/&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
</ifrs-full:DescriptionOfAccountingPolicyForLeasesExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory contextRef="D20211231_3" id="Tag757">
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;j&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Property, plant, and equipment&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;PP&amp;amp;E &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;is recognized at acquisition or construction cost, including &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;capitalization of right-of-use assets and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;financial charges incurred on &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;PP&amp;amp;E&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; under construction, as well as &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;qualifying&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;maintenance costs resulting from scheduled plant outages and estimated costs to remove, to decommission&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; or to restore assets (see Note&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s 2.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;o&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;22&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;less &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;accumulated depreciation and, when applicable, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;less&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;provision for &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;losses&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (see Note &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;15&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Depreciation is calculated using the straight-line method, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;over &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the periods mentioned in Note &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;15&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;taking into account&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;estimated &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;useful li&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ves&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; of the assets, which are reviewed annually.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Lease&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;hold improvements are depreciated over the shorter of the lease contract term and useful life of the property.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
</ifrs-full:DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForIntangibleAssetsAndGoodwillExplanatory contextRef="D20211231_3" id="Tag734">
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;k&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Intangible &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;a&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;ssets&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Intangible assets include assets acquired by the Company and its subsidiaries from third parties,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;are recognized&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; according to the criteria below:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;ul style="margin: 0pt; padding-left: 0pt;"&gt;
&lt;li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Goodwill is shown as intangible assets corresponding to the positive difference between the amount paid or payable to the seller and the fair value of the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;identifiable&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; assets and liabilities assumed of the acquired entity. Goodwill is tested annually for impairment. Goodwill is allocated to the business segments, which represent the lowest level that goodwill is monitored for impairment testing purposes (see Note &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;16&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.a).&lt;/span&gt;&lt;/span&gt;&lt;/li&gt;
&lt;/ul&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;ul style="margin: 0pt; padding-left: 0pt;"&gt;
&lt;li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Other intangible assets acquired from third parties, such as &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;software&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, technology, and commercial property rights, are measured at the total acquisition cost and amortized using straight-line method, over the periods mentioned in Note &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;16&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;taking into account&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; their useful lives, which are reviewed annually.&lt;/span&gt;&lt;/span&gt;&lt;/li&gt;
&lt;/ul&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;ul style="margin: 0pt; padding-left: 0pt;"&gt;
&lt;li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;d&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ecarbonization &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;c&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;redits (&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#x201c;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;CBIOS&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#x201d;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;) acquired are recorded at historical cost in intangible assets&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;retired in the year to &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;fulfillment&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; the individual target set by the National Agency &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; Petroleum, Natural Gas and Biofuels (&#x201c;ANP&#x201d;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and are not amortized. These assets are used to settle&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; of&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;annual deca&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;r&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;bonization obligation adopted by Brazilian National Biofuels Policy &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(&#x201c;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;RenovaBio&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#x201d;), &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;implemented by Law No. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;13,576/2017, with additional regulations established by Decree No. 9,888/2019 and Ordinance No. 419 of November 20, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;2019&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; issued by the Brazilian Ministry of Mines and Energy&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/li&gt;
&lt;/ul&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The Company and its subsidiaries have not recognized intangible assets that were &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;generated&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; internally. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The Company and its subsidiaries have goodwill and brands acquired in business combination&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, which are evaluated as intangible assets with indefinite useful life (see Note &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;16&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; items &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;a&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;e&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;).&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
</ifrs-full:DescriptionOfAccountingPolicyForIntangibleAssetsAndGoodwillExplanatory>
    <ugp:DescriptionOfAccountingPolicyForOtherAssetsExplanatory contextRef="D20211231_3" id="Tag707">
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;l&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Other assets&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;Other assets are stated at the lower of cost and realizable value, including, if applicable, interest earned, monetary changes and changes in exchange rates incurred, less the provisions for losses and, if applicable, adjusted to present value.&lt;/span&gt;&lt;/p&gt;
</ugp:DescriptionOfAccountingPolicyForOtherAssetsExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory contextRef="D20211231_3" id="Tag754">
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;m&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Financial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;l&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;iabilities&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The financial liabilities include trade payables, other payables, financing, loans, debentures&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;leases&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; payable&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;derivative financial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;instruments. Financial liabilities are classified as &#x201c;financial liabilities at fair value through profit or loss&#x201d; or &#x201c;financial liabilities at amorti&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;z&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ed cost&#x201d;. The financial liabilities at fair value through profit or loss refer to derivative financial instruments&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;subscription warrants&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; - indemnification&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and financial liabilities designated as hedged items in a fair value hedge relationship upon initial recognition (see Note 2.c &#x2013; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;F&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;air &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;V&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;alue &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;H&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;edge). The financial liabilities at amorti&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;z&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ed cost are stated at the initial transaction amount plus related charges and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;net of amortization and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;transaction costs. The charges are recognized in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the statement of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;profit or loss using the effective interest rate method.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Transaction costs incurred and directly attributable to the activities necessary for contracting loans or for issuing bonds, as well as premiums and discounts upon issuance of debentures and other debt, are allocated to the instrument and amortized &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in the statement of&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; profit or loss &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;taking into&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; its term,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;using the effective interest rate method&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (see Note &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;17&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;h&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
</ifrs-full:DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForIncomeTaxExplanatory contextRef="D20211231_3" id="Tag752">
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;n&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Income and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;ocial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;c&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;ontribution &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;t&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;axes on &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;i&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;ncome&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Current and deferred income tax (&#x201c;IRPJ&#x201d;) and social contribution on net income tax (&#x201c;CSLL&#x201d;) are calculated based on their current rates&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. For the calculation of current IRPJ&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, the value of tax incentives&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;is&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; also considered&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. At the end of the fiscal year the portion of the profit corresponding to these investment grants is allocated to the constitution of a tax incentive reserve in subsidiaries shareholders' equity and is excluded from the dividend calculation base and subsequently capitalized. Taxes are recognized based on the rates of IRPJ and CSLL provided for by the laws enacted on the last day of the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;financial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;statements&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The current rates in Brazil are 25% for &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;IRPJ&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and 9% for &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;CSLL&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;For &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;more&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;information&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;about recognition and realization of IRPJ and CSLL see Note &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;10&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;For purposes of disclosure deferred tax assets were offset against the deferred tax liability &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;IRPJ&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;CSLL&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; the same taxable entity and the same tax authority.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
</ifrs-full:DescriptionOfAccountingPolicyForIncomeTaxExplanatory>
    <ifrs-full:ApplicableTaxRate
      contextRef="D20211231_IRPJMember"
      decimals="2"
      id="Tag185"
      unitRef="Pure">0.25</ifrs-full:ApplicableTaxRate>
    <ifrs-full:ApplicableTaxRate
      contextRef="D20211231_CSLLMember"
      decimals="2"
      id="Tag183"
      unitRef="Pure">0.09</ifrs-full:ApplicableTaxRate>
    <ugp:DescriptionOfAccountingPolicyForOtherProvisionsExplanatory contextRef="D20211231_3" id="Tag742">
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;o&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Provision for &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;a&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;sset &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;r&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;et&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;i&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;rement &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;o&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;bligation &#x2013; fuel tanks&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The subsidiar&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;y &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Ipiranga&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; ha&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; the legal obligation to remove &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; underground fuel tanks located at &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Ipiranga&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;-branded service stations after a certain period. The estimated cost of the obligation to remove these fuel tanks is recognized as a liability when &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;tanks are installed. The estimated cost is recognized in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;PP&amp;amp;E&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and depreciated over the respective useful li&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ves&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; of the asset. The amounts recognized as a liability &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;accrue &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;inflation effect&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;using the&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Amplified&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; Consumer Price Index &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(&#x201c;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;IPCA&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#x201d;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;until the tank is removed (see Note&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;22&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;). The estimated removal cost is reviewed and updated annually or when there is significant change in its amount&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and change in the estimated cost&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; are recognized in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;statements of profit or loss&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;when they become known&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
</ugp:DescriptionOfAccountingPolicyForOtherProvisionsExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForProvisionsExplanatory contextRef="D20211231_3" id="Tag726">
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;p&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Provisions for tax, civil, and labor risks&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;A provision for tax, civil and labor risks is recognized for quantifiable risks, when the chance of loss is more-likely-than-not in the opinion of management and internal and external legal counsel, and the amounts are recognized based on &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;evaluation of the outcomes of the legal proceedings (see Note &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;23&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;).&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
</ifrs-full:DescriptionOfAccountingPolicyForProvisionsExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory contextRef="D20211231_3" id="Tag732">
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;q&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Post-employment benefits&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Post-employment benefits granted and to be granted to employees, retirees, and pensioners are based on an actuarial calculation prepared by an independent actuary&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and reviewed by management&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, using the projected unit credit method (see Note &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;21&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.b). The actuarial gains and losses are recognized in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;equity in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;cumulative &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;other comprehensive income&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; in the &#x201c;Other reserves&#x201d;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
</ifrs-full:DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory>
    <ugp:DescriptionOfAccountingPolicyForOtherLiabilitiesExplanatory contextRef="D20211231_3" id="Tag735">
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;r&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Other &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;l&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;iabilities&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Other liabilities are stated at known or measurable amounts and changes in exchange rates incurred. When applicable, other liabilities are recognized at present value&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; based on interest rates that reflect the term, currency&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and risk of each transaction.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
</ugp:DescriptionOfAccountingPolicyForOtherLiabilitiesExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory contextRef="D20211231_3" id="Tag743">
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Foreign currency transactions&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Foreign currency transactions carried out by the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Company&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; or its subsidiaries are remeasured into their functional currency at the exchange rate prevailing at the date of each transaction. Outstanding monetary assets and liabilities of the Company and its subsidiaries are translated using the exchange rate at the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;date&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of the&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;financial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;statements&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. The effect of the difference between those exchange rates is recognized in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;financial results&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; until the conclusion of each transaction.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
</ifrs-full:DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory>
    <ugp:DescriptionOfAccountingPolicyForBasisForTranslationOfFinancialStatementsExplanatory contextRef="D20211231_3" id="Tag705">
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;t&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Basis for &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;t&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;ranslation of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;f&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;inancial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;statements&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt; of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;f&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;oreign &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;ubsidiaries&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;t&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;.1 Subsidiaries with administrative &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;autonomy&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Assets and liabilities of the foreign subsidiaries denominated in currencies other than Brazilian Real which have administrative &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;autonomy&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;are translated using the exchange rate at the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;date of the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;financial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;statements&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. Revenues and expenses are translated using the average exchange rate of each &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;year&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and equity &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;is&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; translated at the historic&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;al&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; exchange rate of each transaction affecting equity. Gains and losses resulting from changes in these foreign investments are directly recognized in equity &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in the &#x201c;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;cumulative translation adjustments&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#x201d;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and will be recognized in profit or loss &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;if and when&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; these investments are disposed of. The balance in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;cumulative &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;translation adjustments&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;on &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;1&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;20&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;2&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;1&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;was &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;a &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;gain&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;304,645&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(gain of R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;231,596&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;on December 31, 20&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;20&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and is related to the subsidiaries &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Oxiteno&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; which on December 31, 2021 were classified as assets and liabilities held for sale. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;S&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ee Note&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s 3 and&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;26&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;g&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.2&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The foreign subsidiaries with functional currency different from the Company and which have administrative &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;autonomy&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;are listed below:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_V770ESUDVK00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 105px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 11.35pt; background-color: #ffffff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; width: 68%; height: 20px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold; text-decoration: underline;"&gt; Subsidiary &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; width: 15%; text-align: center; border-bottom: 1pt solid #000000; height: 20px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; Functiona&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt;l&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; width: 2%; text-align: center; height: 20px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; width: 15%; text-align: center; border-bottom: 1pt solid #000000; height: 20px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; Location &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 7.7pt;"&gt;
&lt;td style="vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt; Oxiteno M&#xe9;xico S.A. de C.V. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; text-align: center; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Mexican Peso &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; text-align: center; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; text-align: center; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Mexico &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 7.15pt; background-color: #ffffff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt; &#160;&#160;&#160;Oxiteno Servicios Corporativos S.A. de C.V. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; text-align: center; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Mexican Peso &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; text-align: center; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; text-align: center; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Mexico &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 7.35pt;"&gt;
&lt;td style="vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt; &#160;&#160;&#160;Oxiteno Servicios Industriales S.A. de C.V. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; text-align: center; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Mexican Peso &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; text-align: center; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; text-align: center; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Mexico &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 5.45pt; background-color: #ffffff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt; &#160;&#160;&#160;Oxiteno USA LLC &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; text-align: center; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; U.S. Dollar &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; text-align: center; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; text-align: center; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; United States &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10.75pt;"&gt;
&lt;td style="vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt; Oxiteno Uruguay S.A. (i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; text-align: center; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; U.S. Dollar &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; text-align: center; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; text-align: center; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Uruguay &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt 14.2pt; text-align: justify; text-indent: -14.2pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(i) &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The subsidiary Oxiteno Uruguay S.A. (&#x201c;Oxiteno Uruguay&#x201d;) determined its functional currency as the U.S. dollar&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (&#x201c;US$&#x201d;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, as its &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;inventory &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;sales, purchases of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;raw material inputs&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, and financing activities are performed substantially in this currency.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;t&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;.2 &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Subsidiaries without administrative &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;autonomy&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Assets and liabilities of the other foreign subsidiaries, which do not have administrative &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;autonomy&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, are considered an &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;extension&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; of the activities of their parent &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;company&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and are translated using the exchange rate at the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;date of the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;financial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;statements&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. Gains and losses resulting from changes in these foreign investments are directly recognized as financial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;result&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;T&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;he &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;gain&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;recognized in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;income &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;for the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;year&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; ended &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;1&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, 2021&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;amounted to R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;2,309&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;(gain of R$ 15,126 for the year ended December 31, 2020&#160; and gain of R$ 2,017 for the year ended December 31, 2019).&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
</ugp:DescriptionOfAccountingPolicyForBasisForTranslationOfFinancialStatementsExplanatory>
    <ifrs-full:ReserveOfExchangeDifferencesOnTranslation
      contextRef="I20211231"
      decimals="-3"
      id="Tag789"
      unitRef="BRL">304645000</ifrs-full:ReserveOfExchangeDifferencesOnTranslation>
    <ifrs-full:ReserveOfExchangeDifferencesOnTranslation
      contextRef="I20201231"
      decimals="-3"
      id="Tag182"
      unitRef="BRL">231596000</ifrs-full:ReserveOfExchangeDifferencesOnTranslation>
    <ugp:SummaryOfForeignSubsidiariesTableTextBlock contextRef="D20211231_3" id="Tag729">
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The foreign subsidiaries with functional currency different from the Company and which have administrative &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;autonomy&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;are listed below:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_V770ESUDVK00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 105px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 11.35pt; background-color: #ffffff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; width: 68%; height: 20px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold; text-decoration: underline;"&gt; Subsidiary &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; width: 15%; text-align: center; border-bottom: 1pt solid #000000; height: 20px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; Functiona&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt;l&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; width: 2%; text-align: center; height: 20px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; width: 15%; text-align: center; border-bottom: 1pt solid #000000; height: 20px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; Location &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 7.7pt;"&gt;
&lt;td style="vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt; Oxiteno M&#xe9;xico S.A. de C.V. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; text-align: center; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Mexican Peso &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; text-align: center; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; text-align: center; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Mexico &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 7.15pt; background-color: #ffffff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt; &#160;&#160;&#160;Oxiteno Servicios Corporativos S.A. de C.V. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; text-align: center; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Mexican Peso &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; text-align: center; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; text-align: center; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Mexico &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 7.35pt;"&gt;
&lt;td style="vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt; &#160;&#160;&#160;Oxiteno Servicios Industriales S.A. de C.V. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; text-align: center; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Mexican Peso &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; text-align: center; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; text-align: center; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Mexico &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 5.45pt; background-color: #ffffff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt; &#160;&#160;&#160;Oxiteno USA LLC &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; text-align: center; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; U.S. Dollar &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; text-align: center; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; text-align: center; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; United States &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10.75pt;"&gt;
&lt;td style="vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt; Oxiteno Uruguay S.A. (i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; text-align: center; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; U.S. Dollar &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; text-align: center; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; text-align: center; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Uruguay &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt 14.2pt; text-align: justify; text-indent: -14.2pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(i) &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The subsidiary Oxiteno Uruguay S.A. (&#x201c;Oxiteno Uruguay&#x201d;) determined its functional currency as the U.S. dollar&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (&#x201c;US$&#x201d;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, as its &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;inventory &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;sales, purchases of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;raw material inputs&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, and financing activities are performed substantially in this currency.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
</ugp:SummaryOfForeignSubsidiariesTableTextBlock>
    <ifrs-full:DescriptionOfFunctionalCurrency contextRef="D20211231_OxitenoMexicoMember" id="Tag778">Mexican Peso</ifrs-full:DescriptionOfFunctionalCurrency>
    <ugp:GeographicalAreas contextRef="D20211231_OxitenoMexicoMember" id="Tag766">Mexico</ugp:GeographicalAreas>
    <ifrs-full:DescriptionOfFunctionalCurrency
      contextRef="D20211231_OxitenoServiciosCorporativosMember"
      id="Tag791">Mexican Peso</ifrs-full:DescriptionOfFunctionalCurrency>
    <ugp:GeographicalAreas
      contextRef="D20211231_OxitenoServiciosCorporativosMember"
      id="Tag807">Mexico</ugp:GeographicalAreas>
    <ifrs-full:DescriptionOfFunctionalCurrency
      contextRef="D20211231_OxitenoServiciosIndustrialesMember"
      id="Tag806">Mexican Peso</ifrs-full:DescriptionOfFunctionalCurrency>
    <ugp:GeographicalAreas
      contextRef="D20211231_OxitenoServiciosIndustrialesMember"
      id="Tag804">Mexico</ugp:GeographicalAreas>
    <ifrs-full:DescriptionOfFunctionalCurrency contextRef="D20211231_OxitenoUSAMember" id="Tag5829">U.S. Dollar</ifrs-full:DescriptionOfFunctionalCurrency>
    <ugp:GeographicalAreas contextRef="D20211231_OxitenoUSAMember" id="Tag238">United States</ugp:GeographicalAreas>
    <ifrs-full:DescriptionOfFunctionalCurrency contextRef="D20211231_OxitenoUruguayMember" id="Tag7327">U.S. Dollar</ifrs-full:DescriptionOfFunctionalCurrency>
    <ugp:GeographicalAreas contextRef="D20211231_OxitenoUruguayMember" id="Tag803">Uruguay</ugp:GeographicalAreas>
    <ifrs-full:GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsBeforeTax
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag656"
      unitRef="BRL">2309000</ifrs-full:GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsBeforeTax>
    <ifrs-full:GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsBeforeTax
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag808"
      unitRef="BRL">15126000</ifrs-full:GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsBeforeTax>
    <ifrs-full:GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsBeforeTax
      contextRef="D20191231"
      decimals="-3"
      id="Tag779"
      unitRef="BRL">2017000</ifrs-full:GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsBeforeTax>
    <ugp:DescriptionOfAccountingPolicyForUseOfEstimatesAssumptionsAndJudgmentsExplanatory contextRef="D20211231_3" id="Tag728">
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;u&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Use of estimates, assumptions and judgments&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The preparation of the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;financial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;statements&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;requires the use of estimates, assumptions&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and judgments for the accounting and disclosure of certain assets, liabilities&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;profit or loss&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. Therefore, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Company and subsidiaries&#x2019; management use the best information available at the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;date&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of preparation of the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;financial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;statements&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, as well as the experience of past and current events, also considering assumptions regarding future events. The estimates and assumptions are reviewed periodically&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;u&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;.1 Judgments&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Information on the judgments is included: in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;determin&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ation of&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; control &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; subsidiaries (Notes 2.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;h&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, 2.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;t&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.1 &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;4&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;), &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the determination of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;joint control &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; joint venture (Notes 2.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;h&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;13&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.a)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;determin&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ation&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;significant influence &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in associates &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(Notes 2.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;h&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;13&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;b&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;).&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;u&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;.2 Uncertainties &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;related to the&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt; assumptions and estimates&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The information regarding uncertainties related to the assumptions and estimates are included: in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;determining the fair value of financial instruments (Notes &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;2.c, 2.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;m&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;5&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;17&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;34&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;), the determination of the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;loss allowance for expected credit losses&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (Note&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;2.d, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;6&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;34&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.d.3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;), &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the determination of provisions for losses of inventories (Note&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s 2.e&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;7&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;), &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the estima&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;tes&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;realization of deferred &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;IRPJ and CSLL&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;amounts &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(Note&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s 2.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;n&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;10&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.a&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;), &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the useful lives and discount rate of right&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;-of-&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;use assets (Notes 2.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;i&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;14&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;),&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the useful li&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ves &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;PP&amp;amp;E&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (Note&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s 2.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;j&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;15&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;), the useful li&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ves&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; of intangible assets&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and the determination of the recoverable amount of goodwill (Note&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s 2.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;k&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;16&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.a&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;), provisions for assets retirement obligations (Note&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s 2.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;o&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;22&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;), &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;provisions for &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;tax, civil&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and labor&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; risks&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (Note&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s 2.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;p&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;23&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; estimates for the preparation of actuarial reports (Note&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s 2.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;q&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;21&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.b)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and the determination of fair value of subscription warrants &#x2013; indemnification&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (Notes &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;25&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;34&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.j&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. The actual result of the transactions and information may differ from their estimates.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
</ugp:DescriptionOfAccountingPolicyForUseOfEstimatesAssumptionsAndJudgmentsExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfAssetsExplanatory contextRef="D20211231_3" id="Tag733">
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;v&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Impairment of assets&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The Company and its subsidiaries review &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;every report&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ing&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; period&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; the existence of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;any &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;indication that an asset may be impaired.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;To &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;intangible assets with &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;indefinite&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; useful life&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; the review is done annually. If there is an indication&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;devaluation&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; the Company and its subsidiaries estimate the recoverable amount of the asset. Assets that cannot be evaluated individually are grouped in the smallest group of assets that generate cash &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;inflow&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; from continuous use and that are largely independent of cash flows of other assets (&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;cash generating units&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &#x201c;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;CGU&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#x201d;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;). The recoverable amount of assets or CGUs corresponds to the greater of their fair value net of applicable direct selling costs and their value in use.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The fair value &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;less&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; costs &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;to sell&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;is determined by the price that would be received to sell an asset in an orderly transaction between market participants at the measurement date, net of costs of removing the asset, and direct incremental costs to bring an asset into condition for its sale, legal costs&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and taxes.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;To assess the value in use, the projections of future cash flows, trends&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and outlooks, as well as the effects of obsolescence, demand, competition&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and other economic factors&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; were considered&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. Such cash flows are discounted to their present values &#x200b;&#x200b;using the discount rate before tax that reflects market conditions for the period of impairment testing and the specific risks of the asset or CGU being evaluated. In cases where the expected discounted future cash flows are less than their carrying amount, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;an &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;impairment loss is recognized for the amount by which the carrying value exceeds the fair value of these assets. Losses for impairment of assets are recognized in profit or loss. In case goodwill has been allocated to a CGU, the recognized losses are first allocated to reduce the corresponding goodwill. If the goodwill is not enough to absorb such losses, the surplus is allocated to the assets on a pro-rata basis. An impairment of goodwill cannot be reversed. For other assets, impairment losses may be reversed only to the extent that the asset's carrying amount does not exceed the carrying amount that would have been determined, net of depreciation or amortization, if the impairment had not been recognized.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;On &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;1&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, 2021, the Company &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;updated the calculation of the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;impairment of assets carried out on June 30, 2021&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;for the subsidiary &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Imifarma&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Produtos&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Farmac&#xea;uticos&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; e &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Cosm&#xe9;ticos&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; S.A. (&#x201c;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Extrafarma&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#x201d;) for the amount of R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;427,529&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and deferred income and social contribution taxes effects of R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;145,360&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, resulting in a net loss of R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;282,169&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. S&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ee Note 3.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;a&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
</ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfAssetsExplanatory>
    <ifrs-full:ImpairmentLossRecognisedInProfitOrLoss
      contextRef="D20211231_ExtrafarmaMember_3"
      decimals="-3"
      id="Tag764"
      unitRef="BRL">427529000</ifrs-full:ImpairmentLossRecognisedInProfitOrLoss>
    <ugp:DeferredIncomeAndSocialContributionTaxExpenseBenefitOnImpairmentLoss
      contextRef="D20211231_ExtrafarmaMember_3"
      decimals="-3"
      id="Tag134"
      unitRef="BRL">145360000</ugp:DeferredIncomeAndSocialContributionTaxExpenseBenefitOnImpairmentLoss>
    <ifrs-full:ImpairmentLoss
      contextRef="D20211231_ExtrafarmaMember_3"
      decimals="-3"
      id="Tag786"
      unitRef="BRL">282169000</ifrs-full:ImpairmentLoss>
    <ifrs-full:DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory contextRef="D20211231_3" id="Tag727">
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;w&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Business &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;c&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;ombination&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;A business combination is accounted by&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;applying&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; the acquisition method. The cost of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;acquisition is measured &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;based on &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the consideration transferred and to be transferred, measured at fair value at the acquisition date. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The non-controlling interest in the acquired company&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;is measured based on its interest in net assets identified in the acquired company. Goodwill is measured as the excess of the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;consideration transferred and to be transferred&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;over the fair value of net assets acquired (identifiable assets and liabilities assumed, net). After &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;initial recognition, goodwill is measured at cost less any accumulated impairment losses. For impairment testing purposes, goodwill is allocated to the Company&#x2019;s &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;operating &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;segment&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. When the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;c&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ost of the acquisition&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;is &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;lower&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; than the fair value of net assets acquired, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;a&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; gain is recognized directly in the statement&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of profit or loss&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. Costs related to the acquisitions are recorded in the statement &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of profit or loss &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;when incurred. For the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;year&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; ended on &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;1&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;20&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;21&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and 2020&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; there &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;was&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; not business combination.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
</ifrs-full:DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForCashFlowsExplanatory contextRef="D20211231_3" id="Tag751">
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;x&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Statements of cash flows indirect method&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;&#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The Company and its subsidiaries present the interest paid on loans&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;financing, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;debentures&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, and leases payable&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; in financing activities&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and present &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;financial investments&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; net of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;redemptions&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;invest&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ing &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;activities&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
</ifrs-full:DescriptionOfAccountingPolicyForCashFlowsExplanatory>
    <ugp:DescriptionOfAccountingPolicyForPronouncementsIssuedByIfrsExplanatory contextRef="D20211231_3" id="Tag730">
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;y&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Adoption of the pronouncements issued by IASB&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;There are no standards, amendments and interpretations to IFRS issued by the IASB which are effective and could have a material impact in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;th&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ese&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; financial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;statements&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; to &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;1&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;2021&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and 2020 &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;that have not been adopted by the Company.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;In order to&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; be prepared for the transition of the IBORs&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; the Company is monitoring the pronouncements of the authorities, as well as the measures that have been adopted, aiming at the adaptation of the financial instruments to the new benchmarks. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;On&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; June 2017, the Company, through the subsidiary Ipiranga Produtos de Petr&#xf3;leo S.A. (&#x201c;IPP&#x201d;), contracted a &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;financing&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;with maturity date&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;on&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; June 2022, with the current notional amount of USD 50 million (equivalent to R$ 279 million as of December 31, 2021) linked to LIBOR, with quarterly interest flows and principal amortization at maturity&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. At the time of the&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;debt raising&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, a swap transaction with a notional value and cash flow identical to the debt&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;was transacted with the same financial institution, through which the IPP became active in LIBOR, at an interest rate equivalent to the debt &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and liabilit&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;y&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;rate in floating rate &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;R&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;eais (see &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;N&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;otes 17 c.1, 17.d&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;33&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.g), these being the only operations &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;linked&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; to LIBOR. In view of the short-term maturity &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as well as&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; the debt&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;swap&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and the fact that both have the same cash flow and financial institution, the Company has evaluated that there are&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; not&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; currently significant impacts from the LIBOR change on its operations.&#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
</ugp:DescriptionOfAccountingPolicyForPronouncementsIssuedByIfrsExplanatory>
    <ifrs-full:BorrowingsMaturity
      contextRef="D20211231_ForeignLoansMember_LIBORMember_IpirangaProdutosdePetroleoSAMember"
      id="Tag765">June 2022</ifrs-full:BorrowingsMaturity>
    <ifrs-full:NotionalAmount
      contextRef="I20211231_ForeignLoansMember_LIBORMember_IpirangaProdutosdePetroleoSAMember"
      decimals="-6"
      id="Tag181"
      unitRef="USD">50000000</ifrs-full:NotionalAmount>
    <ifrs-full:NotionalAmount
      contextRef="I20211231_ForeignLoansMember_LIBORMember_IpirangaProdutosdePetroleoSAMember"
      decimals="-3"
      id="Tag805"
      unitRef="BRL">279000</ifrs-full:NotionalAmount>
    <ifrs-full:BorrowingsInterestRateBasis
      contextRef="D20211231_ForeignLoansMember_LIBORMember_IpirangaProdutosdePetroleoSAMember"
      id="Tag777">LIBOR</ifrs-full:BorrowingsInterestRateBasis>
    <ugp:DescriptionOfAccountingPolicyForAuthorizationForIssuanceOfFinancialStatementsExplanatory contextRef="D20211231_3" id="Tag706">
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;z&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Authorization for issuance of the financial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;statements&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;These financial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;statements&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;w&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ere&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;authorized for and&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;by the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Management&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; on&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;May, 10&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;202&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;2&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
</ugp:DescriptionOfAccountingPolicyForAuthorizationForIssuanceOfFinancialStatementsExplanatory>
    <ifrs-full:DisclosureOfNoncurrentAssetsHeldForSaleAndDiscontinuedOperationsExplanatory contextRef="D20211231_3" id="Tag7806">
&lt;h1 style="margin: 12pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt;&lt;span style="border-left: none; border-right: none;"&gt;3&lt;/span&gt;. Assets and liabilities from subsidiaries held for sale and discontinued operations&lt;/span&gt;&lt;/h1&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;The divestments of Oxiteno and Extrafarma are aligned with Ultrapar&#x2019;s portfolio review. With a more complementary and synergistic businesses, Ultrapar concludes the rationalization phase of its portfolio and will now concentrate on developing investment opportunities in the verticals of energy and infrastructure, with increasing focus on energy transition, leveraged by its portfolio and expertise. In the context, the Company announced the contracts signings described below and, as of December 31, 2021, classified these transactions as assets and liabilities held for sale and discontinued operations. The Company recognizes deferred taxes for the difference between the carrying amount of the net assets of a subsidiary that is classified as discontinued operation and the tax base of the investment. The related deferred tax expense or benefit is allocated to discontinued operations.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;"&gt;a. Extrafarma share sale and purchase agreement and other agreements&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;On May 18, 2021 the Company announced the signing of a share purchase agreement for the sale of all shares of Extrafarma held by subsidiary IPP to Empreendimentos Pague Menos S.A. (&#x201c;Pague Menos&#x201d;). The total sale price is R$ 700 million, subject to adjustments due mainly to changes in working capital and Extrafarma's net debt position on the closing date of the transaction.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;The transaction will be settled in three installments as follows: 50% on the closing date and 25% on each the first and the second anniversary of the closing date, monetarily updated by the Interbank Deposits Interest Rate (&#x201c;DI&#x201d;) rate + &lt;span style="border-left: none; border-right: none;"&gt;0.5&lt;/span&gt;% p.a., with a guarantee will be provided by a shareholder of the Pague Menos for the last two installments. The completion of this transaction is subject to usual conditions precedent in such deals, including approval by the Brazilian antitrust authority and by the general shareholders&#x2019; meeting of Pague Menos, pursuant to the terms of article 256 of the Brazilian Corporate Law, which was already held by the purchasing company. Furthermore, preemptive rights were granted to Company's shareholders who wished to acquire Extrafarma's shares, proportionally to their respective participation in the Company's share capital and for the same price per share to be paid by Pague Menos, pursuant to article 253 of the Brazilian Corporate Law. The shareholders of the Company that exercised such right will become direct shareholders of Extrafarma after closing of the transaction. The company held a general shareholders&#x2019; meeting on June 25, 2021 in which was formalized the offering of the aforementioned preemptive rights, detailing the procedures for its exercise, as applicable. The exercise period ended on July 29, 2021 and the total exercised was less than 1% of the Company's capital.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;On February 11, 2022, the Administrative Council for Economic Defense ("CADE") issued an order declaring the Concentration Act no. 08700.005053/2021-74 regarding the acquisition of Extrafarma by Pague Menos. This declaration of complexity is a regular phase within the normal manner for concentration acts whose analysis by CADE needs further investigation. The companies continue to work with CADE in a transparent manner to provide all necessary clarifications.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;Extrafarma and Pague Menos will maintain their regular course of business, on an independent manner, until the closing date of the transaction.&lt;/span&gt;&lt;/p&gt;
&lt;div&gt;
&lt;div id="t_ft_6JPIJYVL7K00000000000000000000b"&gt;

&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&lt;span&gt; On December 31, 2021, the Company recorded&#160;an impairment in the amount of &lt;/span&gt;R$ 282,169, net of the effects of deferred income and social contribution taxes, as allocated below:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 11.35pt;"&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Amount &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 11.35pt; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; width: 85%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160;&#160;&#160; Goodwill &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; width: 14%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 68,273 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 11.35pt;"&gt;
&lt;td style="vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160;&#160;&#160; Residual surplus value of fixed assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 160 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 11.35pt; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160;&#160;&#160; Intangibles assets arising from business combination &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 76,136 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 11.35pt;"&gt;
&lt;td style="vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160;&#160;&#160; Property, plant, and equipment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 60,548 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 11.35pt; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160;&#160;&#160; Right-of-use assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 38,957 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 11.35pt;"&gt;
&lt;td style="vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160; &#160; &#160;Recoverable taxes&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 183,455 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 11.35pt; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Impairment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 427,529 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 11.35pt;"&gt;
&lt;td style="vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160;&#160;&#160; Deferred income and social contribution taxes &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (145,360 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 11.35pt; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Net impairment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 282,169 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;

&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;"&gt;b. Oxiteno S.A. share purchase and sale agreement&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;On August 16, 2021, the Company announced the signing of a share purchase agreement for the sale of all shares of Oxiteno S.A. &#x2013; Ind&#xfa;stria e Com&#xe9;rcio (&#x201c;Oxiteno S.A.&#x201d;) to Indorama Ventures PLC (&#x201c;Indorama&#x201d;). For further information, see Note 1.c.&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;c. &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;Disclosure of&lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt; the &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;impacts&lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt; of IFRS 5 &#x2013; &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;Assets and liabilities&lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt; held for sale and d&lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;iscontinued operations&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;The tables of assets and liabilities held for sale and discontinued operation are detailed below and include the financial position and profit or loss incurred throughout 2021 and 2020, when applicable. Eliminations refer to intercompany transactions, substantially represented by purchase and sale transactions, effects on the profit or loss of foreign debts contemplating hedging instruments, investments in associates that are not part of the sales transaction, among others.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;c.1&lt;/span&gt; The main classes of assets and liabilities classified as held for sale on December 31, 2021 are shown below:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;


&lt;table cellpadding="0" style="height: 422px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 46.2833%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Oxiteno &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Extrafarma &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 10.9397%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Eliminations (*)&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 46.2833%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Current assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 10.9397%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 46.2833%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Cash and cash equivalents &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 334,882 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 53,099 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9397%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 387,981 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 46.2833%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Financial investments and hedging instruments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,346,552 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9397%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,346,552 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 46.2833%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Trade receivables &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 993,960 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 35,743 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9397%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,029,703 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 46.2833%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Inventories &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,671,662 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 578,206 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9397%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,249,868 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 46.2833%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Recoverable taxes &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 634,718 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 62,053 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9397%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 696,771 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 20px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 20px; width: 46.2833%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Other assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 20px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 51,829 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 20px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 20px; border-bottom-width: 1px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 20px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 26,145 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 20px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 20px; border-bottom-width: 1px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 20px; width: 10.9397%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (5,035 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 20px; width: 1.40252%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 20px; border-bottom-width: 1px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 20px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 72,939 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 20px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 20px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 20px; width: 46.2833%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total current assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 20px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 5,033,603 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 20px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 20px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 20px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 755,246 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 20px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 20px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 20px; width: 10.9397%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (5,035 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 20px; width: 1.40252%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 20px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 20px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 5,783,814 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 20px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 46.2833%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Non-current assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px; height: 19px; width: 10.9397%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 46.2833%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Financial investments and hedging instruments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 492,430 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9397%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 492,430 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 46.2833%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Related parties &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,674 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9397%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,674 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 46.2833%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Deferred income and social contribution taxes &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 541,756 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 200,194 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9397%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 741,950 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 46.2833%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Recoverable taxes &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 393,723 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 17,938 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9397%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 411,661 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 46.2833%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Other assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 10,538 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 4,136 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.9397%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 14,674 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 46.2833%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,438,447 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 223,942 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.9397%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,674 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 1.40252%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,660,715 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 46.2833%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Investments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 36,207 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 5,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9397%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (22,047 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 19,160 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 46.2833%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Right-of-use assets, net &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 31,871 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 318,183 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9397%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 350,054 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 46.2833%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Property, plant, and equipment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,787,241 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 154,663 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9397%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,941,904 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 46.2833%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Intangible assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 160,141 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 85,129 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.9397%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 245,270 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 46.2833%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total non-current assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 4,453,907 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 786,917 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.9397%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (23,721 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 1.40252%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 5,217,103 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 21px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 21px; width: 46.2833%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total assets held for sale &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; border-bottom: 2.8pt double #000000; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 9,487,510 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; border-bottom: 2.8pt double #000000; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; border-bottom: 2.8pt double #000000; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,542,163 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; border-bottom: 2.8pt double #000000; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; border-bottom: 2.8pt double #000000; width: 10.9397%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (28,756 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; border-bottom: 2.8pt double #000000; width: 1.40252%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; border-bottom: 2.8pt double #000000; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 11,000,917 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;p style="margin: 2pt 0cm 0cm; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"&gt;&lt;span style="font-size: 8pt; font-family: 'times new roman', times;"&gt;(*) Balances and transactions between the discontinued and continuing operations have been eliminated, mainly related to loans.&lt;/span&gt;&lt;span/&gt;&lt;/p&gt;



&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 460px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 20px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 45.7101%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Liabilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Oxiteno &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Extrafarma &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Eliminations (*)&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 20px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 45.7101%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Current liabilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 20px; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 20px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; width: 45.7101%; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Loans, financing and hedge derivative financial instruments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; width: 10.7988%; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 302,154 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; width: 1.33136%; height: 19px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; width: 1.77515%; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; width: 10.9467%; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; width: 1.33136%; height: 19px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; width: 1.77515%; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; width: 10.9467%; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (62,841 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; width: 1.47929%; height: 19px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; width: 1.77515%; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; width: 10.6509%; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 239,313 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; width: 1.47929%; height: 19px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 45.7101%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Trade payables &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 493,800 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 225,487 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,949 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 717,338 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 45.7101%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Trade payables &#x2013; reverse factoring &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 725,246 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 725,246 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 45.7101%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Salaries and related charges &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 176,941 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 45,843 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 222,784 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 45.7101%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Taxes payables &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 53,988 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 15,696 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 69,684 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 45.7101%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Income and social contribution taxes payable &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 12,415 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 12,415 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 45.7101%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Post-employment benefits &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,311 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,311 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 45.7101%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Provision for tax, civil, and labor risks &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,946 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 520 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,466 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 45.7101%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Leases payable &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 11,702 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 64,312 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 76,014 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: top; background-color: #cceeff; height: 19px; width: 45.7101%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Other liabilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 68,721 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 13,249 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (13,264 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 68,706 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 45.7101%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total current liabilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,851,224 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 365,107 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (78,054 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,138,277 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 45.7101%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Non-current liabilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 45.7101%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Loans, financing and hedge derivative financial instruments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 5,728,028 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (5,725,594 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,434 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 45.7101%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Related parties &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,875 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (2,875 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 45.7101%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Deferred income and social contribution taxes &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 12,964 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 12,964 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 45.7101%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Post-employment benefits &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 6,806 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 287 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 7,093 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 45.7101%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Provision for tax, civil, and labor risks &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 33,149 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,370 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 35,519 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 45.7101%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Leases payable &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 22,786 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 314,915 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 337,701 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 45.7101%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Other liabilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 5,341 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,092 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 7,433 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 45.7101%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total non-current liabilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 5,811,949 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 319,664 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (5,728,469 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 403,144 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: top; height: 19px; width: 45.7101%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total equity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,824,337 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 857,392 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (2,681,729 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 21px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 21px; width: 45.7101%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total liabilities held for sale and equity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 21px; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 9,487,510 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 21px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,542,163 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 21px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (8,488,252 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 21px; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,541,421 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;p style="margin: 2pt 0cm 0cm; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"&gt;&lt;span style="font-size: 8pt; font-family: 'times new roman', times;"&gt;(*) Balances and transactions between the discontinued and continuing operations have been eliminated, mainly related to loans.&lt;/span&gt;&lt;span/&gt;&lt;/p&gt;


&lt;div style="border-right: none; border-left: none;"&gt;
&lt;div id="Normadiv2004" style="font-family: 'times new roman', times; font-size: 10pt;"&gt;

&lt;div style="border-right: none; border-left: none;"&gt;
&lt;div id="Normadiv205" style="font-family: 'times new roman', times; font-size: 10pt;"&gt;
&lt;div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;c.2&lt;/span&gt; The results for the year and cash flows from discontinued operations as of December 31, 2021 are shown below:&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;table cellpadding="0" style="height: 295px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 46.0059%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Oxiteno &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Extrafarma &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.44718%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt;&lt;span style="font-weight: bold;"&gt; Eliminations (*)&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 46.0059%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Net revenue from sales and services &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 7,102,771 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.33136%; height: 19px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,986,932 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.44718%; height: 19px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (23,908 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 19px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 9,065,795 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 46.0059%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Cost of products and services sold &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (5,540,773 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,384,316 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.44718%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 23,908 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (6,901,181 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 46.0059%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Gross profit &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,561,998 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 602,616 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.44718%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,164,614 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 46.0059%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Operating income (expenses) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.44718%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 46.0059%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Selling marketing and administrative &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (978,221) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (685,794 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.44718%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,664,015 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 46.0059%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Impairment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (427,529 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.44718%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (427,529 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 46.0059%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Other operating income, net &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 26,924 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,109 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.44718%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 25,815 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 46.0059%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Operating income (loss) before finance income (expenses) and share of profit of associates &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 610,701 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (511,816 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.44718%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 98,885 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 46.0059%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Share of profit of associates &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 48 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.44718%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 48 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 46.0059%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Operating income (loss) before finance income (expenses) and income and social contribution taxes &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 610,749 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (511,816 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.44718%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 98,933 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 46.0059%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Financial result, net &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (431,441 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (45,265 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.44718%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 329,736 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (146,970 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 46.0059%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Profit (loss) before income and social contribution taxes &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 179,308 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (557,081 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.44718%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 329,736 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (48,037 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 46.0059%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Income and social contribution taxes &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-top: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 69,995 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-top: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 155,416 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.44718%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-top: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (112,110 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-top: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 113,301 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 46.0059%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Profit (loss) for the year &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 249,303 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (401,665 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.44718%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 217,626 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 65,264 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 46.0059%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&lt;span style="font-weight: bold;"&gt;Deprecia&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;tion&lt;/span&gt;&lt;span style="font-weight: bold;"&gt; &lt;/span&gt;&lt;span style="font-weight: bold;"&gt;and&lt;/span&gt;&lt;span style="font-weight: bold;"&gt; amortiza&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;tion for the year &lt;span style="font-size: 8pt;"&gt;&lt;sup&gt;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 308,564 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 154,850 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.44718%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 463,414 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="color: #000000; font-family: 'times new roman', times; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(*) Elimination between continuing and discontinued operations related to the intercompany loan (PPE) between Ultrapar International and Oxiteno.&lt;/span&gt;&lt;br/&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt;&lt;sup&gt;&lt;span style="vertical-align: super;"&gt;(i)&lt;/span&gt;&lt;/sup&gt; Balances included for complete breakdown of segment information.&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 133px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Oxiteno &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Extrafarma &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Eliminations &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 49%; height: 18px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Net cash provided by (used in) operating activities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11%; height: 18px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,016,580 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 18px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11%; height: 18px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (33,273 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 18px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 18px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11%; height: 18px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (788 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 18px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 18px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11%; height: 18px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 982,519 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Net cash used in investing activities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (122,363 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (35,072 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,298 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (158,733 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Net cash provided by (used in) financing activities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,054,930 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 35,286 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 466,677 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (552,967 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 37px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 37px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Effect of exchange rate changes on cash and cash equivalents in foreign currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 56,553 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 56,553 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 21px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 21px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (Decrease) increase in cash and cash equivalents &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 21px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (104,160 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 21px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 21px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 21px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (33,059 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 21px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 21px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 21px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 464,591 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 21px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 21px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 21px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 327,372 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 21px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;c.&lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;3&lt;/span&gt; The results for the year and cash flows from discontinued operations as of December 31, 2020 are shown below:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 422px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.4438%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="10" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 48.2249%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Discontinued operations &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 19px; width: 0.887574%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.4438%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Disclosed &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.46746%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Oxiteno &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.91124%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Extrafarma &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 10.0592%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt;&lt;span style="font-weight: bold;"&gt; Eliminations&lt;/span&gt; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; border-bottom: 1px solid #000000; height: 19px; width: 9.61538%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 19px; width: 0.887574%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt;Re-Restated &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 25.4438%; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Net revenue from sales and services &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 9.76331%; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &lt;span style="border-left: none; border-right: none;"&gt;81,241,102&lt;/span&gt; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.33136%; height: 19px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.77515%; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 9.46746%; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 5,210,704 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.33136%; height: 19px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.77515%; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 9.91124%; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,988,411 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 19px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.62722%; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10.0592%; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (16,069 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.33136%; height: 19px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.62722%; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; width: 9.61538%; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 7,183,046 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; width: 1.33136%; height: 19px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; width: 0.887574%; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 9.76331%; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 74,058,056 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 19px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.4438%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Cost of products and services sold &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (75,628,214 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.46746%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (4,188,711 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.91124%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,399,125 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 10.0592%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 16,069 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 19px; width: 9.61538%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (5,571,767 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.33136%;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 19px; width: 0.887574%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (70,056,447 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 25.4438%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Gross profit &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 5,612,888 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.46746%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,021,993 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.91124%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 589,286 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 10.0592%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 9.61538%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,611,279 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 0.887574%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 4,001,609 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.4438%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Operating income (expenses) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.46746%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.91124%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.0592%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 19px; width: 9.61538%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 19px; width: 0.887574%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 25.4438%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Selling marketing and administrative &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (4,098,377 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.46746%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (831,056 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.91124%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (662,182 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 10.0592%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 9.61538%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,493,238 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 1.33136%;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 0.887574%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (2,605,139 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.4438%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Other operating income, net &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 297,544 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.46746%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 153,457 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.91124%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (5,403 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 10.0592%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 19px; width: 9.61538%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 148,054 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 19px; width: 0.887574%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 149,490 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 54px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 54px; width: 25.4438%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Operating income (loss) before finance income (expenses) and share of profit (loss) of subsidiaries, joint ventures and associates &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 54px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,812,055 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 54px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 54px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 54px; width: 9.46746%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 344,394 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 54px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 54px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 54px; width: 9.91124%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (78,299) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 54px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 54px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 54px; width: 10.0592%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 54px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 54px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; padding: 0px; height: 54px; width: 9.61538%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 266,095 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 54px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 54px; width: 0.887574%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 54px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,545,960 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 54px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 37px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 37px; width: 25.4438%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Share of profit (loss) of subsidiaries, joint ventures and associates &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (43,617 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.33136%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 9.46746%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 414 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 9.91124%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 10.0592%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 37px; width: 9.61538%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 414 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 37px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 37px; width: 0.887574%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (44,031 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 37px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 37px; width: 25.4438%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Operating income (loss) before finance income (expenses) and income and social contribution taxes &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 37px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,768,438 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 37px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 37px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 37px; width: 9.46746%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 344,808 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 37px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 37px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 37px; width: 9.91124%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (78,299 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 37px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 37px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 37px; width: 10.0592%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 37px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 37px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; padding: 0px; height: 37px; width: 9.61538%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 266,509 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 37px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 37px; width: 0.887574%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 37px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,501,929 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 37px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.4438%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Financial result, net &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (269,374 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.46746%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,482 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.91124%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (38,938 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 10.0592%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 318,430 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 19px; width: 9.61538%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 280,974 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 19px; width: 0.887574%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (550,348 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 25.4438%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Profit (loss) before income and social contribution taxes &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,499,064 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 19px; width: 9.46746%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 346,290 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 19px; width: 9.91124%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (117,237 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 19px; width: 10.0592%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 318,430 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; padding: 0px; height: 19px; width: 9.61538%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 547,483 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 0.887574%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 951,581 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.4438%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Income and social contribution taxes &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-top: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (571,367 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-top: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; height: 19px; width: 9.46746%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (118,132 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-top: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; height: 19px; width: 9.91124%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (40,453 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-top: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; height: 19px; width: 10.0592%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (108,265 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-top: 0.5pt solid #000000; vertical-align: bottom; padding: 0px; height: 19px; width: 9.61538%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (266,850 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.33136%;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 19px; width: 0.887574%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-top: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (304,517 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 25.4438%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Net income from continuing operations &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.46746%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.91124%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 10.0592%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 9.61538%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 0.887574%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 647,064 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.4438%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Net income from discontinued operations &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.46746%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.91124%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 10.0592%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 19px; width: 9.61538%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 280,633 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 19px; width: 0.887574%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 280,633 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 25.4438%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Profit (loss) for the year &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 927,697 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.46746%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 228,158 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.91124%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (157,690 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 10.0592%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 210,165 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 9.61538%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 280,633 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 0.887574%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 927,697 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 28px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 28px; width: 25.4438%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&lt;span style="font-weight: bold;"&gt;Deprecia&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;tion&lt;/span&gt;&lt;span style="font-weight: bold;"&gt; &lt;/span&gt;&lt;span style="font-weight: bold;"&gt;and&lt;/span&gt;&lt;span style="font-weight: bold;"&gt; amortiza&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;tion for the year&lt;/span&gt;&lt;span style="font-weight: bold;"&gt; &lt;/span&gt;&lt;sup&gt;&lt;sup&gt;&lt;sup&gt;&lt;sup&gt;&lt;span style="font-weight: bold; vertical-align: super;"&gt;(i)&lt;/span&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 28px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,556,599 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 28px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 28px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 28px; width: 9.46746%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 275,063 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 28px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 28px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 28px; width: 9.91124%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 153,899 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 28px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 28px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 28px; width: 10.0592%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 28px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 28px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 28px; width: 9.61538%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 428,962 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 28px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 28px; width: 0.887574%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 28px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,127,637 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 28px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;div id="Normadiv206" style="font-family: 'times new roman', times; font-size: 10pt;"&gt;
&lt;div&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;(i) Balances included for complete breakdown of segment information.&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 1pt;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="12" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Discontinued operations &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 1pt;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Disclosed &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Oxiteno &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Extrafarma &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Eliminations &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: top; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &lt;span style="color: #000000; font-family: 'times new roman', times; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;Re-&lt;/span&gt;Restated &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 1pt;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; (A) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 2.85pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; (B) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: top;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; (A-B) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 1pt; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 29%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Net cash provided by (used in) operating activities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,138,119 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 765,090 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 111,396 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (2,380 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; background-color: #cceeff; width: 10%;"&gt;
&lt;p style="text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 874,106 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: top; padding: 0px; background-color: #cceeff; width: 1%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,264,013 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 1pt;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Net cash used in investing activities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (2,136,405 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (159,349 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (6,484 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (321,557 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px;"&gt;
&lt;p style="text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (487,390 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px;"&gt;)&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: top; padding: 0px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,649,015 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 1pt; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Net cash (used in) provided by financing activities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (592,333 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,236,490 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 11,272 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 305,534 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; background-color: #cceeff;"&gt;
&lt;p style="text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (919,684 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: top; padding: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 327,351 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 1pt;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Effect of exchange rate changes on cash and cash equivalents in foreign currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 136,734 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 114,822 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; border-bottom: 1px solid #000000;"&gt;
&lt;p style="text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 114,822 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: top; padding: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 21,912 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 1pt; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Increase (decrease) in cash and cash equivalents &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 546,115 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (515,927 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 116,184 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (18,403) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; border-bottom: 2.8pt double #000000; background-color: #cceeff;"&gt;
&lt;p style="text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (418,146 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: top; padding: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 964,261 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;div style="border-right: none; border-left: none;"&gt;
&lt;p style="margin: 0pt; text-align: justify; margin-top: 5pt; margin-bottom: 5pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;c.4&lt;/span&gt; The results for the year and cash flows from discontinued operations as of December 31, 2019 are shown below:&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;table cellpadding="0" style="height: 363px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 20px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 27.044%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.13208%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="10" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 47.517%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Discontinued operations &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 1.13208%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 20px; width: 0.880503%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.63522%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 20px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 27.044%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Disclosed &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 1.13208%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Oxiteno &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 1.13208%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Extrafarma &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 1.13208%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Eliminations &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; border-bottom: 1pt solid #000000; height: 20px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; border-bottom: 1pt solid #000000; height: 20px; width: 1.13208%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 20px; width: 0.880503%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &lt;span style="color: #000000; font-family: 'times new roman', times; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;Re-&lt;/span&gt;Restated &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.63522%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 20px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 27.044%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Net revenue from sales and services &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 20px; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; 89,297,975 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.13208%; height: 20px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 20px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 20px; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-weight: bold;"&gt;4,254,237 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.13208%; height: 20px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 20px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 20px; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-weight: bold;"&gt;2,060,569 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.13208%; height: 20px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 20px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 20px; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-weight: bold;"&gt; (&lt;span style="border-left: none; border-right: none; font-weight: bold;"&gt;21,560 &lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 20px; background-color: #cceeff;"&gt;&lt;span style="font-weight: bold;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 20px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 20px; padding: 0px; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-weight: bold;"&gt;6,293,246 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; width: 1.13208%; height: 20px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 20px; padding: 0px; width: 0.880503%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 20px; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="border-left: none; border-right: none; font-weight: bold;"&gt; 83,004,729 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.63522%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Cost of products and services sold &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (83,187,109 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;( 3,537,570 &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;(&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;1,462,313 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;21,560 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.47929%;"&gt;
&lt;p&gt;&lt;br/&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; padding: 0px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;( 4,978,323 &lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 19px; width: 1.13208%;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (78,208,786 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Gross profit &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="border-left: none; border-right: none; font-weight: bold;"&gt; 6,110,866 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-weight: bold;"&gt;716,667 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-weight: bold;"&gt;598,256 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-weight: bold;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; padding: 0px; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-weight: bold;"&gt;1,314,923 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.13208%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 4,795,943&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 27.044%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Operating income (expenses) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13208%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13208%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13208%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; padding: 0px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 10px; width: 1.13208%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; padding: 0px; width: 0.880503%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.63522%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Selling marketing and administrative &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;( 4,366,640 &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;( 737,606 &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;(&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;742,599&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; padding: 0px; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;( 1,480,205 &lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.13208%; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;( 2,886,435 &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Other operating income, net &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; (443,674 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160; &#160;(5,348 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;(&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;580,055 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; padding: 0px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;( 585,403 &lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 19px; width: 1.13208%;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt; 141,729 &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 37px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 37px; width: 27.044%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Operating income (loss) before finance income (expenses) and share of profit (loss) of subsidiaries, joint ventures and associates &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; 1,300,552 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 1.13208%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-weight: bold;"&gt;(26,287 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 1.13208%; background-color: #cceeff;"&gt;&lt;span style="font-weight: bold;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt;(724,398&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 1.13208%; background-color: #cceeff;"&gt;&lt;span style="font-weight: bold;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 1.47929%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; padding: 0px; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="border-left: none; border-right: none; font-weight: bold;"&gt;(750,685 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 37px; width: 1.13208%; background-color: #cceeff;"&gt;&lt;span style="font-weight: bold;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 37px; padding: 0px; width: 0.880503%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="border-left: none; border-right: none; font-weight: bold;"&gt; 2,051,237 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.63522%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Share of profit (loss) of subsidiaries, joint ventures and associates &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; (12,145 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;528 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;36 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; padding: 0px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt; 564 &lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 19px; width: 1.13208%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;( 12,709 &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 37px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 37px; width: 27.044%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Operating income (loss) before finance income (expenses) and income and social contribution taxes &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="border-left: none; border-right: none; font-weight: bold;"&gt; 1,288,407 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 1.13208%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt;(25,759 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 1.13208%; background-color: #cceeff;"&gt;&lt;span style="font-weight: bold;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="border-left: none; border-right: none; font-weight: bold;"&gt;(724,398 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 1.13208%; background-color: #cceeff;"&gt;&lt;span style="font-weight: bold;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt;36 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 1.47929%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; padding: 0px; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="border-left: none; border-right: none; font-weight: bold;"&gt;(750,121 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 37px; width: 1.13208%; background-color: #cceeff;"&gt;&lt;span style="font-weight: bold;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 37px; padding: 0px; width: 0.880503%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; 2,038,528 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.63522%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Financial result, net &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (506,854 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt; 14,464 &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;(32,451 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; (184,484 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; padding: 0px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;166,497 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 19px; width: 1.13208%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;( 673,351 &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Profit (loss) before income and social contribution taxes &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-weight: bold;"&gt; 781,553 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-weight: bold;"&gt;(11,295 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%; background-color: #cceeff;"&gt;&lt;span style="font-weight: bold;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt;(756,849 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%; background-color: #cceeff;"&gt;&lt;span style="font-weight: bold;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-weight: bold;"&gt;184,520 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.47929%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; padding: 0px; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt;(583,624 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 19px; width: 1.13208%; background-color: #cceeff;"&gt;&lt;span style="font-weight: bold;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="border-left: none; border-right: none; font-weight: bold;"&gt; 1,365,177 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Income and social contribution taxes &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; (378,609 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%;"&gt;&lt;span style="font-weight: bold;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-weight: bold;"&gt;35,191 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-weight: bold;"&gt;118,901 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-weight: bold;"&gt;(&lt;/span&gt;&lt;span style="border-left: none; border-right: none; font-weight: bold;"&gt;62,725 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;&lt;span style="font-weight: bold;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; padding: 0px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-weight: bold;"&gt;91,367 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.13208%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="border-left: none; border-right: none; font-weight: bold;"&gt;(469,976 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%;"&gt;&lt;span style="font-weight: bold;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Net income from continuing operations &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt; 402,944 &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt; 23,896 &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt;( 637,948 &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;"&gt;&lt;span style="font-weight: bold;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;121,795 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; padding: 0px; width: 9.81132%; background-color: #cceeff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-weight: bold;"&gt;(&lt;/span&gt; 492,257 &lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.13208%; background-color: #cceeff;"&gt;&lt;span style="font-weight: bold;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt; 895,201 &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Net income from discontinued operations &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 19px; width: 1.13208%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;(23,896 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 19px; width: 1.13208%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;637,948 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 19px; width: 1.13208%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;(121,795 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 19px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; padding: 0px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;492,257 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1pt solid #000000; padding: 0px; height: 19px; width: 1.13208%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;( 492,257 &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Profit (loss) for the year &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt; 402,944 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-weight: bold;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; padding: 0px; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-weight: bold;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.13208%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="border-left: none; border-right: none; font-weight: bold;"&gt; 402,944 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 27.044%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&lt;span style="font-weight: bold;"&gt;Depreciation and amortization for the year &lt;span style="font-size: 8pt;"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/span&gt;&#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-weight: bold;"&gt; 1,499,955 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13208%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt;&#160;&#160;222,004 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13208%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-weight: bold;"&gt;154,324 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13208%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; padding: 0px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt;376,328 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 10px; width: 1.13208%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; padding: 0px; width: 0.880503%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="border-left: none; border-right: none; font-weight: bold;"&gt; 1,123,627 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.63522%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;div id="Normadiv207" style="font-family: 'times new roman', times; font-size: 10pt;"&gt;
&lt;div&gt;
&lt;p style="margin: 0pt; text-align: justify; margin-top: 5pt; margin-bottom: 5pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;(i) Balances included for complete breakdown of segment information.&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 116px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.8876%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="12" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 50.5293%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Discontinued operations &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 19px; width: 0.887574%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.8876%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Disclosed &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom-width: 1px; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.46746%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Oxiteno &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom-width: 1px; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Extrafarma &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom-width: 1px; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 11.2426%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Eliminations &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom-width: 1px; height: 19px; width: 1.47929%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; border-bottom: 1px solid #000000; height: 19px; width: 9.91124%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; border-bottom: 1px solid #000000; height: 19px; width: 0.887574%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: top; border-bottom-width: 1px; height: 19px; width: 0.973095%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &lt;span style="color: #000000; font-family: 'times new roman', times; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;Re-&lt;/span&gt;Restated &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.8876%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; (A) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 9.46746%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 11.2426%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; width: 9.91124%;"&gt;
&lt;p style="margin: 2pt 2.85pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; (B) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; width: 0.887574%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: top; height: 19px; width: 0.973095%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; (A-B) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 25.8876%; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Net cash provided by (used in) operating activities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 9.76331%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,924,852 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.33136%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.77515%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 9.46746%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 486,276 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.33136%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.77515%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 9.76331%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 23,282 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.33136%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.77515%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 11.2426%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 42,910 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; width: 9.91124%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 552,468 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; width: 0.887574%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: top; padding: 0px; width: 0.973095%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 9.76331%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,372,384 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.8876%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Net cash used in investing activities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 9.76331%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;(1,835,261&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 1.33136%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 1.77515%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 9.46746%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (882,894 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 1.33136%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 1.77515%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 9.76331%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (122,462 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 1.33136%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 1.77515%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 11.2426%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 9,433 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 1.47929%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 19px; margin: 0px; text-indent: 0px; width: 9.91124%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (995,923 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 19px; margin: 0px; text-indent: 0px; width: 0.887574%;"&gt;)&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: top; padding: 0px; height: 19px; margin: 0px; text-indent: 0px; width: 0.973095%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 9.76331%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (839,338 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 25.8876%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &lt;b style="mso-bidi-font-weight: normal;"&gt;&lt;span style="color: #000000;"&gt;Net cash (used in) provided by financing activities&lt;/span&gt;&lt;/b&gt; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.76331%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (2,922,229 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.33136%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.77515%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.46746%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (375,258 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.33136%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.77515%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.76331%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 125,852 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.77515%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 11.2426%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 7,499 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.47929%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.91124%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (241,907 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 0.887574%;"&gt;)&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: top; padding: 0px; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 0.973095%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.76331%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (2,680,322 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 25.8876%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Effect of exchange rate changes on cash and cash equivalents in foreign currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 9.76331%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 9,066 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 10px; margin: 0px; text-indent: 0px; width: 1.77515%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 9.46746%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 30,871 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 10px; margin: 0px; text-indent: 0px; width: 1.77515%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 9.76331%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 10px; margin: 0px; text-indent: 0px; width: 1.77515%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 11.2426%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 10px; margin: 0px; text-indent: 0px; width: 1.47929%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 10px; margin: 0px; text-indent: 0px; width: 9.91124%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 30,871 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 10px; margin: 0px; text-indent: 0px; width: 0.887574%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: top; padding: 0px; border-bottom-width: 1px; height: 10px; margin: 0px; text-indent: 0px; width: 0.973095%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 9.76331%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (21,805 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 25.8876%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Increase (decrease) in cash and cash equivalents &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.76331%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,823,572 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.33136%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.77515%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.46746%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (741,005 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.33136%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.77515%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.76331%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 26,672 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.77515%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 11.2426%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 59,842 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.47929%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 2.8pt double #000000; padding: 0px; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.91124%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (654,491 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 2.8pt double #000000; padding: 0px; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 0.887574%;"&gt;)&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: top; padding: 0px; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 0.973095%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.76331%;"&gt;
&lt;p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,169,081 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;

&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify; margin-top: 5pt; margin-bottom: 5pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;c.3.1&lt;/span&gt;&#160;Share of profit (loss) of investees Oxiteno and Extrafarma, net of related parties, were re-present as discontinued operations in the total amount of R$ (492,257) in the statement of profit or loss for the year 2019, as per Notes 3.c.3 and 13.a.&#160;&#160;&lt;/span&gt;&lt;/p&gt;
</ifrs-full:DisclosureOfNoncurrentAssetsHeldForSaleAndDiscontinuedOperationsExplanatory>
    <ugp:AggregateSalePriceOfSubsidiary
      contextRef="D20210518_DiscontinuedOperationsMember_ExtrafarmaMember_EmpreendimentosPagueMenosSAMember"
      decimals="-3"
      id="Tag7629"
      unitRef="BRL">700000</ugp:AggregateSalePriceOfSubsidiary>
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      contextRef="D20210518_DiscontinuedOperationsMember_ExtrafarmaMember_EmpreendimentosPagueMenosSAMember"
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      id="Tag7386"
      unitRef="Pure">3</ugp:NumberOfInstallmentsInDisposalGroupTransaction>
    <ugp:PercentageOfSalePriceSettlementAsOfClosingDate
      contextRef="D20210518_DiscontinuedOperationsMember_ExtrafarmaMember_EmpreendimentosPagueMenosSAMember"
      decimals="2"
      id="Tag7454"
      unitRef="Pure">0.50</ugp:PercentageOfSalePriceSettlementAsOfClosingDate>
    <ugp:PercentageOfSalePriceSettlementOnEachOfFirstAndSecondAnniversaryOfClosingDate
      contextRef="D20210518_DiscontinuedOperationsMember_ExtrafarmaMember_EmpreendimentosPagueMenosSAMember"
      decimals="2"
      id="Tag7684"
      unitRef="Pure">0.25</ugp:PercentageOfSalePriceSettlementOnEachOfFirstAndSecondAnniversaryOfClosingDate>
    <ifrs-full:BorrowingsInterestRateBasis
      contextRef="D20210518_DiscontinuedOperationsMember_ExtrafarmaMember_EmpreendimentosPagueMenosSAMember"
      id="Tag7562">Interbank Deposits Interest Rate (&#x201c;DI&#x201d;) rate + &lt;span style="border-left: none; border-right: none;"&gt;0.5&lt;/span&gt;% p.a.</ifrs-full:BorrowingsInterestRateBasis>
    <ugp:NumberOfInstallmentsInDisposalGroupTransactionRequiredGuaranteeWillBeProvidedByBuyer
      contextRef="D20210518_DiscontinuedOperationsMember_ExtrafarmaMember_EmpreendimentosPagueMenosSAMember"
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      id="Tag7671"
      unitRef="Pure">2</ugp:NumberOfInstallmentsInDisposalGroupTransactionRequiredGuaranteeWillBeProvidedByBuyer>
    <ugp:MaximumPercentageOfShareCapitalOfReportingEntityExercisedForPreemptiveRights
      contextRef="D20210729_DiscontinuedOperationsMember"
      decimals="2"
      id="Tag7755"
      unitRef="Pure">0.01</ugp:MaximumPercentageOfShareCapitalOfReportingEntityExercisedForPreemptiveRights>
    <ifrs-full:ImpairmentLoss
      contextRef="D20211231_DiscontinuedOperationsMember_ExtrafarmaMember"
      decimals="-3"
      id="Tag7596"
      unitRef="BRL">282169000</ifrs-full:ImpairmentLoss>
    <ifrs-full:DisclosureOfImpairmentOfAssetsExplanatory contextRef="D20211231_3" id="Tag7315">
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 11.35pt;"&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Amount &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 11.35pt; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; width: 85%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160;&#160;&#160; Goodwill &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; width: 14%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 68,273 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 11.35pt;"&gt;
&lt;td style="vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160;&#160;&#160; Residual surplus value of fixed assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 160 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 11.35pt; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160;&#160;&#160; Intangibles assets arising from business combination &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 76,136 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 11.35pt;"&gt;
&lt;td style="vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160;&#160;&#160; Property, plant, and equipment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 60,548 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 11.35pt; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160;&#160;&#160; Right-of-use assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 38,957 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 11.35pt;"&gt;
&lt;td style="vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160; &#160; &#160;Recoverable taxes&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 183,455 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 11.35pt; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Impairment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 427,529 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 11.35pt;"&gt;
&lt;td style="vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160;&#160;&#160; Deferred income and social contribution taxes &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (145,360 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 11.35pt; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Net impairment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 282,169 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
</ifrs-full:DisclosureOfImpairmentOfAssetsExplanatory>
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      contextRef="D20211231_GoodwillMember_ExtrafarmaMember_DisposalGroupsClassifiedAsHeldForSaleMember"
      decimals="-3"
      id="Tag7620"
      unitRef="BRL">68273000</ifrs-full:ImpairmentLossRecognisedInProfitOrLoss>
    <ifrs-full:ImpairmentLossRecognisedInProfitOrLoss
      contextRef="D20211231_ResidualSurplusValueOfFixedAssetsMember_ExtrafarmaMember_DisposalGroupsClassifiedAsHeldForSaleMember"
      decimals="-3"
      id="Tag7543"
      unitRef="BRL">160000</ifrs-full:ImpairmentLossRecognisedInProfitOrLoss>
    <ifrs-full:ImpairmentLossRecognisedInProfitOrLoss
      contextRef="D20211231_IntangibleAssetsOtherThanGoodwillMember_ExtrafarmaMember_DisposalGroupsClassifiedAsHeldForSaleMember"
      decimals="-3"
      id="Tag7725"
      unitRef="BRL">76136000</ifrs-full:ImpairmentLossRecognisedInProfitOrLoss>
    <ifrs-full:ImpairmentLossRecognisedInProfitOrLoss
      contextRef="D20211231_PropertyPlantAndEquipmentMember_ExtrafarmaMember_DisposalGroupsClassifiedAsHeldForSaleMember"
      decimals="-3"
      id="Tag7522"
      unitRef="BRL">60548000</ifrs-full:ImpairmentLossRecognisedInProfitOrLoss>
    <ifrs-full:ImpairmentLossRecognisedInProfitOrLoss
      contextRef="D20211231_RightofuseAssetsMember_ExtrafarmaMember_DisposalGroupsClassifiedAsHeldForSaleMember"
      decimals="-3"
      id="Tag7507"
      unitRef="BRL">38957000</ifrs-full:ImpairmentLossRecognisedInProfitOrLoss>
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      contextRef="D20211231_ReceivablesFromTaxesOtherThanIncomeTaxMember_ExtrafarmaMember_DisposalGroupsClassifiedAsHeldForSaleMember"
      decimals="-3"
      id="Tag7545"
      unitRef="BRL">183455000</ifrs-full:ImpairmentLossRecognisedInProfitOrLoss>
    <ifrs-full:ImpairmentLossRecognisedInProfitOrLoss
      contextRef="D20211231_ExtrafarmaMember_DisposalGroupsClassifiedAsHeldForSaleMember"
      decimals="-3"
      id="Tag7789"
      unitRef="BRL">427529000</ifrs-full:ImpairmentLossRecognisedInProfitOrLoss>
    <ugp:DeferredIncomeAndSocialContributionTaxExpenseBenefitOnImpairmentLoss
      contextRef="D20211231_ExtrafarmaMember_DisposalGroupsClassifiedAsHeldForSaleMember"
      decimals="-3"
      id="Tag7550"
      unitRef="BRL">-145360000</ugp:DeferredIncomeAndSocialContributionTaxExpenseBenefitOnImpairmentLoss>
    <ifrs-full:ImpairmentLoss
      contextRef="D20211231_ExtrafarmaMember_DisposalGroupsClassifiedAsHeldForSaleMember"
      decimals="-3"
      id="Tag7595"
      unitRef="BRL">282169000</ifrs-full:ImpairmentLoss>
    <ifrs-full:CashAndCashEquivalents
      contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_OxitenoIndustriaComercioMember"
      decimals="-3"
      id="Tag7379"
      unitRef="BRL">334882000</ifrs-full:CashAndCashEquivalents>
    <ifrs-full:CashAndCashEquivalents
      contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_ExtrafarmaMember"
      decimals="-3"
      id="Tag7429"
      unitRef="BRL">53099000</ifrs-full:CashAndCashEquivalents>
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      contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_EliminationOfIntersegmentAmountsMember"
      decimals="-3"
      id="Tag39"
      unitRef="BRL">0</ifrs-full:CashAndCashEquivalents>
    <ifrs-full:CashAndCashEquivalents
      contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_1"
      decimals="-3"
      id="Tag7500"
      unitRef="BRL">387981000</ifrs-full:CashAndCashEquivalents>
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      contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_OxitenoIndustriaComercioMember"
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      id="Tag7644"
      unitRef="BRL">1346552000</ifrs-full:CurrentInvestments>
    <ifrs-full:CurrentInvestments
      contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_ExtrafarmaMember"
      decimals="-3"
      id="Tag7526"
      unitRef="BRL">0</ifrs-full:CurrentInvestments>
    <ifrs-full:CurrentInvestments
      contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_EliminationOfIntersegmentAmountsMember"
      decimals="-3"
      id="Tag7490"
      unitRef="BRL">0</ifrs-full:CurrentInvestments>
    <ifrs-full:CurrentInvestments
      contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_1"
      decimals="-3"
      id="Tag7682"
      unitRef="BRL">1346552000</ifrs-full:CurrentInvestments>
    <ifrs-full:CurrentTradeReceivables
      contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_OxitenoIndustriaComercioMember"
      decimals="-3"
      id="Tag7754"
      unitRef="BRL">993960000</ifrs-full:CurrentTradeReceivables>
    <ifrs-full:CurrentTradeReceivables
      contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_ExtrafarmaMember"
      decimals="-3"
      id="Tag7460"
      unitRef="BRL">35743000</ifrs-full:CurrentTradeReceivables>
    <ifrs-full:CurrentTradeReceivables
      contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_EliminationOfIntersegmentAmountsMember"
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      id="Tag7462"
      unitRef="BRL">0</ifrs-full:CurrentTradeReceivables>
    <ifrs-full:CurrentTradeReceivables
      contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_1"
      decimals="-3"
      id="Tag7757"
      unitRef="BRL">1029703000</ifrs-full:CurrentTradeReceivables>
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      decimals="-3"
      id="Tag7652"
      unitRef="BRL">1671662000</ifrs-full:Inventories>
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      decimals="-3"
      id="Tag7332"
      unitRef="BRL">578206000</ifrs-full:Inventories>
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      unitRef="BRL">0</ifrs-full:Inventories>
    <ifrs-full:Inventories
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      id="Tag7540"
      unitRef="BRL">2249868000</ifrs-full:Inventories>
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      decimals="-3"
      id="Tag7362"
      unitRef="BRL">634718000</ifrs-full:CurrentReceivablesFromTaxesOtherThanIncomeTax>
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      decimals="-3"
      id="Tag7713"
      unitRef="BRL">62053000</ifrs-full:CurrentReceivablesFromTaxesOtherThanIncomeTax>
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      decimals="-3"
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      contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_1"
      decimals="-3"
      id="Tag7525"
      unitRef="BRL">696771000</ifrs-full:CurrentReceivablesFromTaxesOtherThanIncomeTax>
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      decimals="-3"
      id="Tag7570"
      unitRef="BRL">51829000</ifrs-full:OtherCurrentAssets>
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      id="Tag7782"
      unitRef="BRL">26145000</ifrs-full:OtherCurrentAssets>
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      id="Tag7320"
      unitRef="BRL">-5035000</ifrs-full:OtherCurrentAssets>
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      contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_1"
      decimals="-3"
      id="Tag7640"
      unitRef="BRL">72939000</ifrs-full:OtherCurrentAssets>
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      decimals="-3"
      id="Tag7786"
      unitRef="BRL">5033603000</ifrs-full:CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners>
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      decimals="-3"
      id="Tag7616"
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&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 460px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 20px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 45.7101%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Liabilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Oxiteno &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Extrafarma &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Eliminations (*)&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 20px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 45.7101%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Current liabilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 20px; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 20px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; width: 45.7101%; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Loans, financing and hedge derivative financial instruments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; width: 10.7988%; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 302,154 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; width: 1.33136%; height: 19px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; width: 1.77515%; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; width: 10.9467%; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; width: 1.33136%; height: 19px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; width: 1.77515%; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; width: 10.9467%; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (62,841 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; width: 1.47929%; height: 19px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; width: 1.77515%; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; width: 10.6509%; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 239,313 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; width: 1.47929%; height: 19px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 45.7101%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Trade payables &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 493,800 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 225,487 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,949 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 717,338 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 45.7101%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Trade payables &#x2013; reverse factoring &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 725,246 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 725,246 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 45.7101%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Salaries and related charges &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 176,941 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 45,843 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 222,784 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 45.7101%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Taxes payables &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 53,988 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 15,696 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 69,684 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 45.7101%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Income and social contribution taxes payable &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 12,415 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 12,415 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 45.7101%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Post-employment benefits &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,311 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,311 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 45.7101%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Provision for tax, civil, and labor risks &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,946 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 520 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,466 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 45.7101%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Leases payable &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 11,702 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 64,312 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 76,014 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: top; background-color: #cceeff; height: 19px; width: 45.7101%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Other liabilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 68,721 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 13,249 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (13,264 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 68,706 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 45.7101%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total current liabilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,851,224 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 365,107 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (78,054 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,138,277 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 45.7101%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Non-current liabilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 45.7101%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Loans, financing and hedge derivative financial instruments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 5,728,028 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (5,725,594 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,434 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 45.7101%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Related parties &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,875 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (2,875 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 45.7101%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Deferred income and social contribution taxes &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 12,964 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 12,964 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 45.7101%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Post-employment benefits &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 6,806 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 287 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 7,093 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 45.7101%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Provision for tax, civil, and labor risks &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 33,149 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,370 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 35,519 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 45.7101%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Leases payable &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 22,786 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 314,915 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 337,701 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 45.7101%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Other liabilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 5,341 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,092 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 7,433 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 45.7101%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total non-current liabilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 5,811,949 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 319,664 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (5,728,469 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 403,144 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: top; height: 19px; width: 45.7101%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total equity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,824,337 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 857,392 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (2,681,729 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 21px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 21px; width: 45.7101%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total liabilities held for sale and equity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 21px; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 9,487,510 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 21px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,542,163 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 21px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (8,488,252 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 21px; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,541,421 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;p style="margin: 2pt 0cm 0cm; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"&gt;&lt;span style="font-size: 8pt; font-family: 'times new roman', times;"&gt;(*) Balances and transactions between the discontinued and continuing operations have been eliminated, mainly related to loans.&lt;/span&gt;&lt;span/&gt;&lt;/p&gt;

&lt;table cellpadding="0" style="height: 422px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 46.2833%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Oxiteno &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Extrafarma &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 10.9397%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Eliminations (*)&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 46.2833%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Current assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 10.9397%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 46.2833%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Cash and cash equivalents &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 334,882 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 53,099 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9397%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 387,981 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 46.2833%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Financial investments and hedging instruments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,346,552 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9397%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,346,552 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 46.2833%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Trade receivables &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 993,960 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 35,743 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9397%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,029,703 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 46.2833%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Inventories &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,671,662 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 578,206 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9397%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,249,868 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 46.2833%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Recoverable taxes &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 634,718 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 62,053 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9397%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 696,771 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 20px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 20px; width: 46.2833%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Other assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 20px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 51,829 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 20px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 20px; border-bottom-width: 1px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 20px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 26,145 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 20px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 20px; border-bottom-width: 1px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 20px; width: 10.9397%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (5,035 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 20px; width: 1.40252%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 20px; border-bottom-width: 1px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 20px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 72,939 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 20px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 20px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 20px; width: 46.2833%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total current assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 20px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 5,033,603 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 20px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 20px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 20px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 755,246 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 20px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 20px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 20px; width: 10.9397%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (5,035 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 20px; width: 1.40252%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 20px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 20px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 5,783,814 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 20px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 46.2833%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Non-current assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px; height: 19px; width: 10.9397%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 46.2833%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Financial investments and hedging instruments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 492,430 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9397%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 492,430 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 46.2833%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Related parties &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,674 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9397%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,674 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 46.2833%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Deferred income and social contribution taxes &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 541,756 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 200,194 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9397%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 741,950 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 46.2833%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Recoverable taxes &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 393,723 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 17,938 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9397%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 411,661 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 46.2833%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Other assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 10,538 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 4,136 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.9397%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 14,674 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 46.2833%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,438,447 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 223,942 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.9397%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,674 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 1.40252%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,660,715 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 46.2833%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Investments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 36,207 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 5,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9397%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (22,047 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 19,160 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 46.2833%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Right-of-use assets, net &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 31,871 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 318,183 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.9397%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 350,054 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 46.2833%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Property, plant, and equipment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,787,241 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 154,663 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.9397%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,941,904 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px; width: 46.2833%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Intangible assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 160,141 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 85,129 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.9397%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; background-color: #cceeff; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 245,270 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 19px; width: 46.2833%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total non-current assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 4,453,907 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 786,917 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.9397%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (23,721 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 1.40252%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 19px; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 5,217,103 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 19px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 21px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 21px; width: 46.2833%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total assets held for sale &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; border-bottom: 2.8pt double #000000; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 9,487,510 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; border-bottom: 2.8pt double #000000; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; border-bottom: 2.8pt double #000000; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,542,163 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; border-bottom: 2.8pt double #000000; width: 1.26227%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; border-bottom: 2.8pt double #000000; width: 10.9397%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (28,756 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; border-bottom: 2.8pt double #000000; width: 1.40252%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.68303%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; border-bottom: 2.8pt double #000000; width: 10.7994%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 11,000,917 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px; width: 1.40252%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;p style="margin: 2pt 0cm 0cm; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"&gt;&lt;span style="font-size: 8pt; font-family: 'times new roman', times;"&gt;(*) Balances and transactions between the discontinued and continuing operations have been eliminated, mainly related to loans.&lt;/span&gt;&lt;span/&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;c.1&lt;/span&gt; The main classes of assets and liabilities classified as held for sale on December 31, 2021 are shown below:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
</ugp:DisclosureOfAssetsAndLiabilitiesOrDisposalGroupsClassifiedAsHeldForSaleExplanatory>
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      contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_OxitenoIndustriaComercioMember"
      decimals="-3"
      id="Tag7539"
      unitRef="BRL">302154000</ugp:LoansFinancingAndHedgingInstrumentsCurrent>
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      contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_ExtrafarmaMember"
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      unitRef="BRL">0</ugp:LoansFinancingAndHedgingInstrumentsCurrent>
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      id="Tag7753"
      unitRef="BRL">-62841000</ugp:LoansFinancingAndHedgingInstrumentsCurrent>
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      contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_1"
      decimals="-3"
      id="Tag7729"
      unitRef="BRL">239313000</ugp:LoansFinancingAndHedgingInstrumentsCurrent>
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      contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_OxitenoIndustriaComercioMember"
      decimals="-3"
      id="Tag7318"
      unitRef="BRL">493800000</ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers>
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      contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_ExtrafarmaMember"
      decimals="-3"
      id="Tag7715"
      unitRef="BRL">225487000</ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers>
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      contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_EliminationOfIntersegmentAmountsMember"
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      id="Tag7637"
      unitRef="BRL">-1949000</ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers>
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      decimals="-3"
      id="Tag7549"
      unitRef="BRL">717338000</ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers>
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      contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_OxitenoIndustriaComercioMember"
      decimals="-3"
      id="Tag7489"
      unitRef="BRL">725246000</ugp:TradeCurrentPayablesReverseFactoring>
    <ugp:TradeCurrentPayablesReverseFactoring
      contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_ExtrafarmaMember"
      decimals="-3"
      id="Tag7566"
      unitRef="BRL">0</ugp:TradeCurrentPayablesReverseFactoring>
    <ugp:TradeCurrentPayablesReverseFactoring
      contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_EliminationOfIntersegmentAmountsMember"
      decimals="-3"
      id="Tag7354"
      unitRef="BRL">0</ugp:TradeCurrentPayablesReverseFactoring>
    <ugp:TradeCurrentPayablesReverseFactoring
      contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_1"
      decimals="-3"
      id="Tag7710"
      unitRef="BRL">725246000</ugp:TradeCurrentPayablesReverseFactoring>
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      contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_OxitenoIndustriaComercioMember"
      decimals="-3"
      id="Tag7446"
      unitRef="BRL">176941000</ifrs-full:ShorttermEmployeeBenefitsAccruals>
    <ifrs-full:ShorttermEmployeeBenefitsAccruals
      contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_ExtrafarmaMember"
      decimals="-3"
      id="Tag7663"
      unitRef="BRL">45843000</ifrs-full:ShorttermEmployeeBenefitsAccruals>
    <ifrs-full:ShorttermEmployeeBenefitsAccruals
      contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_EliminationOfIntersegmentAmountsMember"
      decimals="-3"
      id="Tag7759"
      unitRef="BRL">0</ifrs-full:ShorttermEmployeeBenefitsAccruals>
    <ifrs-full:ShorttermEmployeeBenefitsAccruals
      contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_1"
      decimals="-3"
      id="Tag7738"
      unitRef="BRL">222784000</ifrs-full:ShorttermEmployeeBenefitsAccruals>
    <ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax
      contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_OxitenoIndustriaComercioMember"
      decimals="-3"
      id="Tag7413"
      unitRef="BRL">53988000</ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax>
    <ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax
      contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_ExtrafarmaMember"
      decimals="-3"
      id="Tag7516"
      unitRef="BRL">15696000</ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax>
    <ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax
      contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_EliminationOfIntersegmentAmountsMember"
      decimals="-3"
      id="Tag7634"
      unitRef="BRL">0</ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax>
    <ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax
      contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_1"
      decimals="-3"
      id="Tag7509"
      unitRef="BRL">69684000</ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax>
    <ifrs-full:CurrentTaxLiabilitiesCurrent
      contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_OxitenoIndustriaComercioMember"
      decimals="-3"
      id="Tag7731"
      unitRef="BRL">12415000</ifrs-full:CurrentTaxLiabilitiesCurrent>
    <ifrs-full:CurrentTaxLiabilitiesCurrent
      contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_ExtrafarmaMember"
      decimals="-3"
      id="Tag7498"
      unitRef="BRL">0</ifrs-full:CurrentTaxLiabilitiesCurrent>
    <ifrs-full:CurrentTaxLiabilitiesCurrent
      contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_EliminationOfIntersegmentAmountsMember"
      decimals="-3"
      id="Tag7333"
      unitRef="BRL">0</ifrs-full:CurrentTaxLiabilitiesCurrent>
    <ifrs-full:CurrentTaxLiabilitiesCurrent
      contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_1"
      decimals="-3"
      id="Tag7774"
      unitRef="BRL">12415000</ifrs-full:CurrentTaxLiabilitiesCurrent>
    <ifrs-full:CurrentProvisionsForEmployeeBenefits
      contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_OxitenoIndustriaComercioMember"
      decimals="-3"
      id="Tag7561"
      unitRef="BRL">3311000</ifrs-full:CurrentProvisionsForEmployeeBenefits>
    <ifrs-full:CurrentProvisionsForEmployeeBenefits
      contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_ExtrafarmaMember"
      decimals="-3"
      id="Tag7366"
      unitRef="BRL">0</ifrs-full:CurrentProvisionsForEmployeeBenefits>
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      contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_EliminationOfIntersegmentAmountsMember"
      decimals="-3"
      id="Tag7792"
      unitRef="BRL">0</ifrs-full:CurrentProvisionsForEmployeeBenefits>
    <ifrs-full:CurrentProvisionsForEmployeeBenefits
      contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_1"
      decimals="-3"
      id="Tag7501"
      unitRef="BRL">3311000</ifrs-full:CurrentProvisionsForEmployeeBenefits>
    <ifrs-full:ShorttermLegalProceedingsProvision
      contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_OxitenoIndustriaComercioMember"
      decimals="-3"
      id="Tag7420"
      unitRef="BRL">2946000</ifrs-full:ShorttermLegalProceedingsProvision>
    <ifrs-full:ShorttermLegalProceedingsProvision
      contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_ExtrafarmaMember"
      decimals="-3"
      id="Tag7496"
      unitRef="BRL">520000</ifrs-full:ShorttermLegalProceedingsProvision>
    <ifrs-full:ShorttermLegalProceedingsProvision
      contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_EliminationOfIntersegmentAmountsMember"
      decimals="-3"
      id="Tag7762"
      unitRef="BRL">0</ifrs-full:ShorttermLegalProceedingsProvision>
    <ifrs-full:ShorttermLegalProceedingsProvision
      contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_1"
      decimals="-3"
      id="Tag7647"
      unitRef="BRL">3466000</ifrs-full:ShorttermLegalProceedingsProvision>
    <ifrs-full:CurrentLeaseLiabilities
      contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_OxitenoIndustriaComercioMember"
      decimals="-3"
      id="Tag7718"
      unitRef="BRL">11702000</ifrs-full:CurrentLeaseLiabilities>
    <ifrs-full:CurrentLeaseLiabilities
      contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_ExtrafarmaMember"
      decimals="-3"
      id="Tag7523"
      unitRef="BRL">64312000</ifrs-full:CurrentLeaseLiabilities>
    <ifrs-full:CurrentLeaseLiabilities
      contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_EliminationOfIntersegmentAmountsMember"
      decimals="-3"
      id="Tag7685"
      unitRef="BRL">0</ifrs-full:CurrentLeaseLiabilities>
    <ifrs-full:CurrentLeaseLiabilities
      contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_1"
      decimals="-3"
      id="Tag7427"
      unitRef="BRL">76014000</ifrs-full:CurrentLeaseLiabilities>
    <ifrs-full:OtherCurrentLiabilities
      contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_OxitenoIndustriaComercioMember"
      decimals="-3"
      id="Tag7423"
      unitRef="BRL">68721000</ifrs-full:OtherCurrentLiabilities>
    <ifrs-full:OtherCurrentLiabilities
      contextRef="I20211231_DisposalGroupsClassifiedAsHeldForSaleMember_ExtrafarmaMember"
      decimals="-3"
      id="Tag7606"
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&lt;div style="border-right: none; border-left: none;"&gt;
&lt;div id="Normadiv205" style="font-family: 'times new roman', times; font-size: 10pt;"&gt;
&lt;div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;c.2&lt;/span&gt; The results for the year and cash flows from discontinued operations as of December 31, 2021 are shown below:&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;table cellpadding="0" style="height: 295px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 46.0059%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Oxiteno &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Extrafarma &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.44718%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt;&lt;span style="font-weight: bold;"&gt; Eliminations (*)&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 46.0059%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Net revenue from sales and services &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 7,102,771 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.33136%; height: 19px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,986,932 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.44718%; height: 19px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (23,908 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 19px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 9,065,795 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 46.0059%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Cost of products and services sold &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (5,540,773 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,384,316 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.44718%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 23,908 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (6,901,181 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 46.0059%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Gross profit &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,561,998 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 602,616 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.44718%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,164,614 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 46.0059%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Operating income (expenses) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.44718%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 46.0059%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Selling marketing and administrative &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (978,221) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (685,794 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.44718%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,664,015 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 46.0059%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Impairment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (427,529 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.44718%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (427,529 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 46.0059%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Other operating income, net &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 26,924 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,109 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.44718%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 25,815 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 46.0059%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Operating income (loss) before finance income (expenses) and share of profit of associates &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 610,701 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (511,816 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.44718%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 98,885 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 46.0059%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Share of profit of associates &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 48 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.44718%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 48 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 46.0059%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Operating income (loss) before finance income (expenses) and income and social contribution taxes &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 610,749 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (511,816 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.44718%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 98,933 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 46.0059%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Financial result, net &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (431,441 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (45,265 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.44718%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 329,736 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (146,970 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 46.0059%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Profit (loss) before income and social contribution taxes &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 179,308 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (557,081 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.44718%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 329,736 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (48,037 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 46.0059%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Income and social contribution taxes &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-top: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 69,995 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-top: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 155,416 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.44718%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-top: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (112,110 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-top: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; height: 19px; background-color: #cceeff; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 113,301 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 46.0059%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Profit (loss) for the year &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 249,303 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (401,665 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.44718%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 217,626 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 65,264 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 46.0059%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&lt;span style="font-weight: bold;"&gt;Deprecia&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;tion&lt;/span&gt;&lt;span style="font-weight: bold;"&gt; &lt;/span&gt;&lt;span style="font-weight: bold;"&gt;and&lt;/span&gt;&lt;span style="font-weight: bold;"&gt; amortiza&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;tion for the year &lt;span style="font-size: 8pt;"&gt;&lt;sup&gt;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 10.7988%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 308,564 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 154,850 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.44718%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 10.9467%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 10.6509%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 463,414 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="color: #000000; font-family: 'times new roman', times; font-size: 8pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(*) Elimination between continuing and discontinued operations related to the intercompany loan (PPE) between Ultrapar International and Oxiteno.&lt;/span&gt;&lt;br/&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt;&lt;sup&gt;&lt;span style="vertical-align: super;"&gt;(i)&lt;/span&gt;&lt;/sup&gt; Balances included for complete breakdown of segment information.&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 133px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Oxiteno &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Extrafarma &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Eliminations &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 49%; height: 18px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Net cash provided by (used in) operating activities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11%; height: 18px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,016,580 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 18px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11%; height: 18px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (33,273 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 18px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 18px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11%; height: 18px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (788 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 18px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 18px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11%; height: 18px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 982,519 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Net cash used in investing activities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (122,363 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (35,072 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,298 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (158,733 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Net cash provided by (used in) financing activities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,054,930 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 35,286 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 466,677 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (552,967 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 37px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 37px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Effect of exchange rate changes on cash and cash equivalents in foreign currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 56,553 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 56,553 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 21px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 21px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (Decrease) increase in cash and cash equivalents &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 21px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (104,160 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 21px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 21px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 21px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (33,059 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 21px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 21px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 21px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 464,591 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 21px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 21px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 21px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 327,372 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 21px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;c.&lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;3&lt;/span&gt; The results for the year and cash flows from discontinued operations as of December 31, 2020 are shown below:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 422px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.4438%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="10" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 48.2249%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Discontinued operations &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 19px; width: 0.887574%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.4438%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Disclosed &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.46746%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Oxiteno &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.91124%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Extrafarma &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 10.0592%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt;&lt;span style="font-weight: bold;"&gt; Eliminations&lt;/span&gt; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; border-bottom: 1px solid #000000; height: 19px; width: 9.61538%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 19px; width: 0.887574%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt;Re-Restated &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 25.4438%; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Net revenue from sales and services &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 9.76331%; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &lt;span style="border-left: none; border-right: none;"&gt;81,241,102&lt;/span&gt; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.33136%; height: 19px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.77515%; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 9.46746%; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 5,210,704 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.33136%; height: 19px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.77515%; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 9.91124%; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,988,411 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 19px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.62722%; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10.0592%; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (16,069 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.33136%; height: 19px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.62722%; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; width: 9.61538%; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 7,183,046 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; width: 1.33136%; height: 19px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; width: 0.887574%; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 9.76331%; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 74,058,056 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 19px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.4438%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Cost of products and services sold &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (75,628,214 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.46746%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (4,188,711 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.91124%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,399,125 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 10.0592%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 16,069 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 19px; width: 9.61538%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (5,571,767 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.33136%;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 19px; width: 0.887574%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (70,056,447 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 25.4438%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Gross profit &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 5,612,888 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.46746%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,021,993 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.91124%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 589,286 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 10.0592%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 9.61538%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,611,279 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 0.887574%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 4,001,609 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.4438%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Operating income (expenses) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.46746%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.91124%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 10.0592%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 19px; width: 9.61538%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 19px; width: 0.887574%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 25.4438%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Selling marketing and administrative &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (4,098,377 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.46746%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (831,056 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.91124%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (662,182 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 10.0592%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 9.61538%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,493,238 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 1.33136%;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 0.887574%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (2,605,139 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.4438%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Other operating income, net &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 297,544 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.46746%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 153,457 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.91124%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (5,403 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 10.0592%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 19px; width: 9.61538%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 148,054 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 19px; width: 0.887574%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 149,490 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 54px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 54px; width: 25.4438%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Operating income (loss) before finance income (expenses) and share of profit (loss) of subsidiaries, joint ventures and associates &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 54px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,812,055 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 54px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 54px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 54px; width: 9.46746%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 344,394 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 54px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 54px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 54px; width: 9.91124%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (78,299) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 54px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 54px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 54px; width: 10.0592%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 54px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 54px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; padding: 0px; height: 54px; width: 9.61538%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 266,095 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 54px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 54px; width: 0.887574%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 54px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,545,960 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 54px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 37px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 37px; width: 25.4438%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Share of profit (loss) of subsidiaries, joint ventures and associates &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (43,617 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.33136%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 9.46746%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 414 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 9.91124%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 10.0592%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 37px; width: 9.61538%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 414 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 37px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 37px; width: 0.887574%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (44,031 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 37px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 37px; width: 25.4438%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Operating income (loss) before finance income (expenses) and income and social contribution taxes &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 37px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,768,438 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 37px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 37px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 37px; width: 9.46746%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 344,808 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 37px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 37px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 37px; width: 9.91124%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (78,299 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 37px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 37px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 37px; width: 10.0592%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 37px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 37px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; padding: 0px; height: 37px; width: 9.61538%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 266,509 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 37px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 37px; width: 0.887574%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 37px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,501,929 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 37px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.4438%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Financial result, net &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (269,374 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.46746%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,482 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.91124%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (38,938 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 10.0592%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 318,430 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 19px; width: 9.61538%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 280,974 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 19px; width: 0.887574%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (550,348 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 25.4438%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Profit (loss) before income and social contribution taxes &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,499,064 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 19px; width: 9.46746%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 346,290 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 19px; width: 9.91124%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (117,237 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 19px; width: 10.0592%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 318,430 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; padding: 0px; height: 19px; width: 9.61538%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 547,483 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 0.887574%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 951,581 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.4438%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Income and social contribution taxes &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-top: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (571,367 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-top: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; height: 19px; width: 9.46746%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (118,132 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-top: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; height: 19px; width: 9.91124%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (40,453 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-top: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; height: 19px; width: 10.0592%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (108,265 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-top: 0.5pt solid #000000; vertical-align: bottom; padding: 0px; height: 19px; width: 9.61538%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (266,850 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.33136%;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 19px; width: 0.887574%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-top: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (304,517 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 25.4438%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Net income from continuing operations &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.46746%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.91124%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 10.0592%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 9.61538%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 0.887574%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 647,064 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.4438%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Net income from discontinued operations &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.46746%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.91124%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 10.0592%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 19px; width: 9.61538%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 280,633 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 19px; width: 0.887574%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 280,633 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 25.4438%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Profit (loss) for the year &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 927,697 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.46746%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 228,158 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.91124%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (157,690 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 10.0592%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 210,165 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 9.61538%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 280,633 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 19px; width: 0.887574%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 927,697 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 28px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 28px; width: 25.4438%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&lt;span style="font-weight: bold;"&gt;Deprecia&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;tion&lt;/span&gt;&lt;span style="font-weight: bold;"&gt; &lt;/span&gt;&lt;span style="font-weight: bold;"&gt;and&lt;/span&gt;&lt;span style="font-weight: bold;"&gt; amortiza&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;tion for the year&lt;/span&gt;&lt;span style="font-weight: bold;"&gt; &lt;/span&gt;&lt;sup&gt;&lt;sup&gt;&lt;sup&gt;&lt;sup&gt;&lt;span style="font-weight: bold; vertical-align: super;"&gt;(i)&lt;/span&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 28px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,556,599 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 28px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 28px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 28px; width: 9.46746%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 275,063 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 28px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 28px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 28px; width: 9.91124%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 153,899 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 28px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 28px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 28px; width: 10.0592%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 28px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 28px; width: 1.62722%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 28px; width: 9.61538%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 428,962 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 28px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 28px; width: 0.887574%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 28px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,127,637 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 28px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;div id="Normadiv206" style="font-family: 'times new roman', times; font-size: 10pt;"&gt;
&lt;div&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;(i) Balances included for complete breakdown of segment information.&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 1pt;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="12" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Discontinued operations &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 1pt;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Disclosed &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Oxiteno &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Extrafarma &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Eliminations &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: top; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &lt;span style="color: #000000; font-family: 'times new roman', times; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;Re-&lt;/span&gt;Restated &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 1pt;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; (A) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 2.85pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; (B) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: top;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; (A-B) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 1pt; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 29%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Net cash provided by (used in) operating activities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,138,119 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 765,090 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 111,396 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (2,380 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; background-color: #cceeff; width: 10%;"&gt;
&lt;p style="text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 874,106 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: top; padding: 0px; background-color: #cceeff; width: 1%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,264,013 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 1pt;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Net cash used in investing activities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (2,136,405 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (159,349 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (6,484 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (321,557 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px;"&gt;
&lt;p style="text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (487,390 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px;"&gt;)&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: top; padding: 0px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,649,015 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 1pt; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Net cash (used in) provided by financing activities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (592,333 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,236,490 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 11,272 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 305,534 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; background-color: #cceeff;"&gt;
&lt;p style="text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (919,684 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: top; padding: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 327,351 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 1pt;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Effect of exchange rate changes on cash and cash equivalents in foreign currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 136,734 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 114,822 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; border-bottom: 1px solid #000000;"&gt;
&lt;p style="text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 114,822 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: top; padding: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 21,912 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 1pt; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Increase (decrease) in cash and cash equivalents &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 546,115 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (515,927 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 116,184 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (18,403) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; border-bottom: 2.8pt double #000000; background-color: #cceeff;"&gt;
&lt;p style="text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (418,146 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: top; padding: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 964,261 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;div style="border-right: none; border-left: none;"&gt;
&lt;p style="margin: 0pt; text-align: justify; margin-top: 5pt; margin-bottom: 5pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;c.4&lt;/span&gt; The results for the year and cash flows from discontinued operations as of December 31, 2019 are shown below:&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;table cellpadding="0" style="height: 363px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 20px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 27.044%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.13208%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="10" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 47.517%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Discontinued operations &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 1.13208%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 20px; width: 0.880503%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.63522%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 20px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 27.044%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Disclosed &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 1.13208%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Oxiteno &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 1.13208%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Extrafarma &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 1.13208%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Eliminations &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; border-bottom: 1pt solid #000000; height: 20px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; border-bottom: 1pt solid #000000; height: 20px; width: 1.13208%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 20px; width: 0.880503%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 20px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &lt;span style="color: #000000; font-family: 'times new roman', times; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;Re-&lt;/span&gt;Restated &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.63522%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 20px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 27.044%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Net revenue from sales and services &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 20px; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; 89,297,975 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.13208%; height: 20px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 20px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 20px; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-weight: bold;"&gt;4,254,237 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.13208%; height: 20px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 20px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 20px; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-weight: bold;"&gt;2,060,569 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.13208%; height: 20px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 20px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 20px; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-weight: bold;"&gt; (&lt;span style="border-left: none; border-right: none; font-weight: bold;"&gt;21,560 &lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 20px; background-color: #cceeff;"&gt;&lt;span style="font-weight: bold;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 20px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 20px; padding: 0px; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-weight: bold;"&gt;6,293,246 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; width: 1.13208%; height: 20px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 20px; padding: 0px; width: 0.880503%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 20px; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="border-left: none; border-right: none; font-weight: bold;"&gt; 83,004,729 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; width: 1.63522%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Cost of products and services sold &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (83,187,109 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;( 3,537,570 &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;(&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;1,462,313 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;21,560 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.47929%;"&gt;
&lt;p&gt;&lt;br/&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; padding: 0px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;( 4,978,323 &lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 19px; width: 1.13208%;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (78,208,786 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Gross profit &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="border-left: none; border-right: none; font-weight: bold;"&gt; 6,110,866 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-weight: bold;"&gt;716,667 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-weight: bold;"&gt;598,256 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-weight: bold;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; padding: 0px; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-weight: bold;"&gt;1,314,923 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.13208%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 4,795,943&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 27.044%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Operating income (expenses) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13208%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13208%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13208%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; padding: 0px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 10px; width: 1.13208%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; padding: 0px; width: 0.880503%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.63522%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Selling marketing and administrative &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;( 4,366,640 &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;( 737,606 &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;(&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;742,599&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; padding: 0px; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;( 1,480,205 &lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.13208%; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;( 2,886,435 &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Other operating income, net &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; (443,674 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160; &#160;(5,348 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;(&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;580,055 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; padding: 0px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;( 585,403 &lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 19px; width: 1.13208%;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt; 141,729 &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 37px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 37px; width: 27.044%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Operating income (loss) before finance income (expenses) and share of profit (loss) of subsidiaries, joint ventures and associates &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; 1,300,552 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 1.13208%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-weight: bold;"&gt;(26,287 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 1.13208%; background-color: #cceeff;"&gt;&lt;span style="font-weight: bold;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt;(724,398&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 1.13208%; background-color: #cceeff;"&gt;&lt;span style="font-weight: bold;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 1.47929%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; padding: 0px; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="border-left: none; border-right: none; font-weight: bold;"&gt;(750,685 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 37px; width: 1.13208%; background-color: #cceeff;"&gt;&lt;span style="font-weight: bold;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 37px; padding: 0px; width: 0.880503%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="border-left: none; border-right: none; font-weight: bold;"&gt; 2,051,237 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.63522%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Share of profit (loss) of subsidiaries, joint ventures and associates &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; (12,145 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;528 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;36 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; padding: 0px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt; 564 &lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 19px; width: 1.13208%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;( 12,709 &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 37px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 37px; width: 27.044%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Operating income (loss) before finance income (expenses) and income and social contribution taxes &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="border-left: none; border-right: none; font-weight: bold;"&gt; 1,288,407 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 1.13208%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt;(25,759 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 1.13208%; background-color: #cceeff;"&gt;&lt;span style="font-weight: bold;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="border-left: none; border-right: none; font-weight: bold;"&gt;(724,398 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 1.13208%; background-color: #cceeff;"&gt;&lt;span style="font-weight: bold;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt;36 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 37px; width: 1.47929%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; padding: 0px; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="border-left: none; border-right: none; font-weight: bold;"&gt;(750,121 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 37px; width: 1.13208%; background-color: #cceeff;"&gt;&lt;span style="font-weight: bold;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 37px; padding: 0px; width: 0.880503%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; 2,038,528 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 37px; width: 1.63522%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Financial result, net &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (506,854 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt; 14,464 &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;(32,451 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; (184,484 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; padding: 0px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;166,497 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 19px; width: 1.13208%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;( 673,351 &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Profit (loss) before income and social contribution taxes &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-weight: bold;"&gt; 781,553 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-weight: bold;"&gt;(11,295 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%; background-color: #cceeff;"&gt;&lt;span style="font-weight: bold;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt;(756,849 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.13208%; background-color: #cceeff;"&gt;&lt;span style="font-weight: bold;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-weight: bold;"&gt;184,520 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.47929%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; padding: 0px; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt;(583,624 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 19px; width: 1.13208%; background-color: #cceeff;"&gt;&lt;span style="font-weight: bold;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1px solid #000000; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="border-left: none; border-right: none; font-weight: bold;"&gt; 1,365,177 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Income and social contribution taxes &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; (378,609 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%;"&gt;&lt;span style="font-weight: bold;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-weight: bold;"&gt;35,191 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-weight: bold;"&gt;118,901 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-weight: bold;"&gt;(&lt;/span&gt;&lt;span style="border-left: none; border-right: none; font-weight: bold;"&gt;62,725 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;&lt;span style="font-weight: bold;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; padding: 0px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-weight: bold;"&gt;91,367 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.13208%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="border-left: none; border-right: none; font-weight: bold;"&gt;(469,976 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%;"&gt;&lt;span style="font-weight: bold;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Net income from continuing operations &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt; 402,944 &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt; 23,896 &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt;( 637,948 &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;"&gt;&lt;span style="font-weight: bold;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;121,795 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; padding: 0px; width: 9.81132%; background-color: #cceeff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-weight: bold;"&gt;(&lt;/span&gt; 492,257 &lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.13208%; background-color: #cceeff;"&gt;&lt;span style="font-weight: bold;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt; 895,201 &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Net income from discontinued operations &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 19px; width: 1.13208%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;(23,896 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 19px; width: 1.13208%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;637,948 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 19px; width: 1.13208%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;(121,795 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 19px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; padding: 0px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;492,257 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1pt solid #000000; padding: 0px; height: 19px; width: 1.13208%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;( 492,257 &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 27.044%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Profit (loss) for the year &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt; 402,944 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-weight: bold;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.13208%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.47929%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.50943%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; padding: 0px; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-weight: bold;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 19px; width: 1.13208%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; padding: 0px; width: 0.880503%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 9.81132%; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="border-left: none; border-right: none; font-weight: bold;"&gt; 402,944 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.63522%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 27.044%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&lt;span style="font-weight: bold;"&gt;Depreciation and amortization for the year &lt;span style="font-size: 8pt;"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/span&gt;&#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-weight: bold;"&gt; 1,499,955 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13208%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt;&#160;&#160;222,004 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13208%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-weight: bold;"&gt;154,324 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13208%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.50943%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; padding: 0px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt;376,328 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 10px; width: 1.13208%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; padding: 0px; width: 0.880503%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.81132%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="border-left: none; border-right: none; font-weight: bold;"&gt; 1,123,627 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.63522%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;div id="Normadiv207" style="font-family: 'times new roman', times; font-size: 10pt;"&gt;
&lt;div&gt;
&lt;p style="margin: 0pt; text-align: justify; margin-top: 5pt; margin-bottom: 5pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;(i) Balances included for complete breakdown of segment information.&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 116px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.8876%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="12" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 50.5293%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Discontinued operations &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 19px; width: 0.887574%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.8876%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Disclosed &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom-width: 1px; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.46746%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Oxiteno &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom-width: 1px; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Extrafarma &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom-width: 1px; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 11.2426%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Eliminations &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom-width: 1px; height: 19px; width: 1.47929%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; border-bottom: 1px solid #000000; height: 19px; width: 9.91124%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; border-bottom: 1px solid #000000; height: 19px; width: 0.887574%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: top; border-bottom-width: 1px; height: 19px; width: 0.973095%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &lt;span style="color: #000000; font-family: 'times new roman', times; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;Re-&lt;/span&gt;Restated &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.8876%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; (A) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 9.46746%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.77515%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 11.2426%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; width: 9.91124%;"&gt;
&lt;p style="margin: 2pt 2.85pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; (B) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; width: 0.887574%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: top; height: 19px; width: 0.973095%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 9.76331%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; (A-B) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 25.8876%; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Net cash provided by (used in) operating activities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 9.76331%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,924,852 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.33136%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.77515%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 9.46746%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 486,276 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.33136%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.77515%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 9.76331%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 23,282 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.33136%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.77515%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 11.2426%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 42,910 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; width: 9.91124%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 552,468 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; width: 0.887574%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: top; padding: 0px; width: 0.973095%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 9.76331%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,372,384 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 25.8876%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Net cash used in investing activities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 9.76331%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;(1,835,261&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 1.33136%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 1.77515%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 9.46746%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (882,894 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 1.33136%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 1.77515%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 9.76331%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (122,462 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 1.33136%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 1.77515%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 11.2426%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 9,433 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 1.47929%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 19px; margin: 0px; text-indent: 0px; width: 9.91124%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (995,923 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 19px; margin: 0px; text-indent: 0px; width: 0.887574%;"&gt;)&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: top; padding: 0px; height: 19px; margin: 0px; text-indent: 0px; width: 0.973095%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 9.76331%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (839,338 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 25.8876%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &lt;b style="mso-bidi-font-weight: normal;"&gt;&lt;span style="color: #000000;"&gt;Net cash (used in) provided by financing activities&lt;/span&gt;&lt;/b&gt; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.76331%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (2,922,229 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.33136%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.77515%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.46746%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (375,258 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.33136%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.77515%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.76331%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 125,852 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.77515%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 11.2426%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 7,499 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.47929%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.91124%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (241,907 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 0.887574%;"&gt;)&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: top; padding: 0px; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 0.973095%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.76331%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (2,680,322 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 25.8876%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Effect of exchange rate changes on cash and cash equivalents in foreign currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 9.76331%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 9,066 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 10px; margin: 0px; text-indent: 0px; width: 1.77515%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 9.46746%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 30,871 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 10px; margin: 0px; text-indent: 0px; width: 1.77515%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 9.76331%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 10px; margin: 0px; text-indent: 0px; width: 1.77515%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 11.2426%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 10px; margin: 0px; text-indent: 0px; width: 1.47929%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 10px; margin: 0px; text-indent: 0px; width: 9.91124%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 30,871 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1px solid #000000; padding: 0px; height: 10px; margin: 0px; text-indent: 0px; width: 0.887574%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: top; padding: 0px; border-bottom-width: 1px; height: 10px; margin: 0px; text-indent: 0px; width: 0.973095%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 9.76331%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (21,805 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 25.8876%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Increase (decrease) in cash and cash equivalents &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.76331%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,823,572 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.33136%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.77515%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.46746%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (741,005 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.33136%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.77515%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.76331%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 26,672 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.33136%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.77515%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 11.2426%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 59,842 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.47929%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 2.8pt double #000000; padding: 0px; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.91124%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (654,491 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 2.8pt double #000000; padding: 0px; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 0.887574%;"&gt;)&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: top; padding: 0px; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 0.973095%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.76331%;"&gt;
&lt;p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,169,081 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
</ifrs-full:DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsExplanatory>
    <ifrs-full:Revenue
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      decimals="-3"
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      unitRef="BRL">7102771000</ifrs-full:Revenue>
    <ifrs-full:Revenue
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      unitRef="BRL">-23908000</ifrs-full:CostOfSales>
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      id="Tag7591"
      unitRef="BRL">6901181000</ifrs-full:CostOfSales>
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      id="Tag7703"
      unitRef="BRL">1561998000</ifrs-full:GrossProfit>
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      id="Tag7502"
      unitRef="BRL">602616000</ifrs-full:GrossProfit>
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      contextRef="D20211231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember"
      decimals="-3"
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    <ifrs-full:GrossProfit
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      decimals="-3"
      id="Tag7551"
      unitRef="BRL">2164614000</ifrs-full:GrossProfit>
    <ifrs-full:SalesAndMarketingExpense
      contextRef="D20211231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember"
      decimals="-3"
      id="Tag7569"
      unitRef="BRL">978221000</ifrs-full:SalesAndMarketingExpense>
    <ifrs-full:SalesAndMarketingExpense
      contextRef="D20211231_DiscontinuedOperationsMember_ExtrafarmaMember"
      decimals="-3"
      id="Tag7587"
      unitRef="BRL">685794000</ifrs-full:SalesAndMarketingExpense>
    <ifrs-full:SalesAndMarketingExpense
      contextRef="D20211231_DiscontinuedOperationsMember_EliminationOfIntersegmentAmountsMember"
      decimals="-3"
      id="Tag7552"
      unitRef="BRL">0</ifrs-full:SalesAndMarketingExpense>
    <ifrs-full:SalesAndMarketingExpense
      contextRef="D20211231_DiscontinuedOperationsMember"
      decimals="-3"
      id="Tag7565"
      unitRef="BRL">1664015000</ifrs-full:SalesAndMarketingExpense>
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      contextRef="D20211231_DiscontinuedOperationsMember_OxitenoIndustriaComercioMember"
      decimals="-3"
      id="Tag7772"
      unitRef="BRL">0</ifrs-full:ImpairmentLossRecognisedInProfitOrLoss>
    <ifrs-full:ImpairmentLossRecognisedInProfitOrLoss
      contextRef="D20211231_DiscontinuedOperationsMember_ExtrafarmaMember"
      decimals="-3"
      id="Tag7486"
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    <ifrs-full:ImpairmentLossRecognisedInProfitOrLoss
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    <ifrs-full:ImpairmentLossRecognisedInProfitOrLoss
      contextRef="D20211231_DiscontinuedOperationsMember"
      decimals="-3"
      id="Tag7377"
      unitRef="BRL">427529000</ifrs-full:ImpairmentLossRecognisedInProfitOrLoss>
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      decimals="-3"
      id="Tag7726"
      unitRef="BRL">26924000</ifrs-full:OtherOperatingIncomeExpense>
    <ifrs-full:OtherOperatingIncomeExpense
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&lt;p style="margin: 12pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;4&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;Principles of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;c&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;onsolidation&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt; and&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;i&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;nvestments in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;ubsidiaries &lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;a. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Principles of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;c&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;onsolidation&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
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&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;In the preparation of the consolidated &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;financial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;statements&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;i&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;nvestments of one company in another, balances of asset and liability accounts&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; revenues &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;transactions, costs &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and expenses were eliminated, as well as the effects of transactions conducted between the companies. Non-controlling interests in subsidiaries are presented within consolidated equity and net income.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Consolidation of a subsidiary begins when the&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Company obtains direct or indirect control over a entity&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;and ceases when the&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;company loses control. Income and expenses of a subsidiary acquired are included in the consolidated &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;statement of&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; profit or &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;loss and&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; comprehe&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;nsive income from the date the C&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ompany gains the control. Income and expenses of a subsidiary&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;which &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the p&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;arent&#160;Company loses control,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; are included in the consolidated &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;statement of&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; profit or &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;loss and&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; comprehen&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;sive income until the date the C&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ompany loses control. &lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0px; text-align: justify; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;When &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;necessary&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; adjustments are made to the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;financial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;statements&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;subsidiaries to bring their accounting policies into line with the Company&#x2019;s accounting policies.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0px; text-align: justify; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div&gt;

&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify; font-family: 'Times New Roman'; font-size: 5pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 5pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;b. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Investments in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;ubsidiaries&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt; &lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify; font-family: 'Times New Roman'; font-size: 5pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 5pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The consolidated &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;financial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;statements&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;include the following direct and indirect subsidiaries:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify; font-family: 'Times New Roman'; font-size: 5pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 5pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
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&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; height: 10px; width: 7.99595%; padding: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; height: 10px; width: 0.506073%; padding: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="11" style="border-bottom: 1px solid #000000; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 40.9317%; padding: 0px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; % interest in the share &lt;/span&gt;&lt;/p&gt;
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&lt;tr style="height: 10px;"&gt;
&lt;td colspan="2" style="vertical-align: bottom; height: 10px; width: 52.9352%; padding: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 7.99595%; padding: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%; padding: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
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&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
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&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
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&lt;td style="vertical-align: top; height: 10px; width: 0.506073%; padding: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2019 &lt;/span&gt;&lt;/p&gt;
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&lt;td style="vertical-align: bottom; background-color: #ffffff; height: 10px; width: 40.8907%; padding: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; height: 10px; width: 7.99595%; padding: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="vertical-align: bottom; background-color: #ffffff; height: 10px; width: 0.506073%; padding: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Control &lt;/span&gt;&lt;/p&gt;
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&lt;td style="border-top: 0.5pt solid #000000; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 0.506073%; padding: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Control &lt;/span&gt;&lt;/p&gt;
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&lt;td style="vertical-align: top; background-color: #ffffff; height: 10px; width: 0.506073%; padding: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="3" style="vertical-align: top; background-color: #ffffff; height: 10px; width: 13.5326%; border-top: 1pt solid #000000; border-bottom: 1px solid #000000; padding: 0px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Control &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Location &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Segment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Direct &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Indirect &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Direct &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Indirect &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-top: 0.5pt solid #000000; vertical-align: top; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Direct &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-top: 0.5pt solid #000000; vertical-align: top; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-top: 0.5pt solid #000000; vertical-align: top; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Indirect &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; width: 40.8907%; height: 10px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Ipiranga Produtos de Petr&#xf3;leo S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; width: 12.0445%; height: 10px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; width: 7.99595%; height: 10px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Ipiranga &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; width: 0.506073%; height: 10px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; width: 5.97166%; height: 10px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; width: 1.01215%; height: 10px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; width: 5.97166%; height: 10px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; width: 0.506073%; height: 10px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; width: 5.97166%; height: 10px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 10px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; width: 5.97166%; height: 10px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; width: 0.506073%; height: 10px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; width: 5.97166%; height: 10px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; width: 1.4881%; height: 10px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; width: 6.07287%; height: 10px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160; am/pm Comest&#xed;veis Ltda. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Ipiranga &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160; Icorban &#x2013; Correspondente Banc&#xe1;rio Ltda. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Ipiranga &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 11px;"&gt;
&lt;td style="vertical-align: bottom; height: 11px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160; Ipiranga Trading Limited &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 11px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; British Virgin Islands &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 11px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Ipiranga &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 11px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 11px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 11px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 11px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 11px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 11px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 11px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 11px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 11px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 11px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 11px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 11px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160; Tropical Transportes Ipiranga Ltda. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Ipiranga &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160; Ipiranga Imobili&#xe1;ria Ltda. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Ipiranga &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160; Ipiranga Log&#xed;stica Ltda. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Ipiranga &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160; Oil Trading Importadora e Exportadora Ltda. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Ipiranga &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160; Iconic Lubrificantes S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Ipiranga &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 56 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 56 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 56 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160; Integra Frotas Ltda. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Ipiranga &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160; Companhia Ultragaz S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Ultragaz &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 99 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 99 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 99 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Ultragaz Comercial Ltda.&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Ultragaz &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Nova Paran&#xe1; Distribuidora de G&#xe1;s Ltda. &lt;/span&gt;&lt;sup&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; vertical-align: super;"&gt;(1)&lt;/span&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Ultragaz &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 11px;"&gt;
&lt;td style="vertical-align: bottom; height: 11px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Uting&#xe1;s Armazenadora S.A.&lt;/span&gt;&lt;sup&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; vertical-align: super;"&gt; (2)&lt;/span&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 11px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 11px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Ultragaz &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 11px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 11px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 11px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 11px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 57 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 11px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 11px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 11px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 11px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 57 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 11px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 11px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 11px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 11px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 57 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160; Bahiana Distribuidora de G&#xe1;s Ltda. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Ultragaz &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160; LPG International Inc. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Cayman Islands &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Ultragaz &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160; Imaven Im&#xf3;veis Ltda. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Others &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;&#160;&#160;&#160; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Imifarma Produtos Farmac&#xea;uticos e Cosm&#xe9;ticos S.A. &lt;/span&gt;&lt;sup&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; vertical-align: super;"&gt;(3)&lt;/span&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Extrafarma &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: middle; background-color: #cceeff; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;&#160;&#160;&#160; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;UVC Investimentos Ltda.&lt;/span&gt;&lt;sup&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; vertical-align: super;"&gt; (4)&lt;/span&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Others &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 99 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 99 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Centro de Conveni&#xea;ncias Millennium Ltda. and subsidiaries&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;sup&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; vertical-align: super;"&gt;(5)&lt;/span&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Ipiranga &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Oxiteno S.A. Ind&#xfa;stria e Com&#xe9;rcio &lt;/span&gt;&lt;sup&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; vertical-align: super;"&gt;(6)&lt;/span&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Oxiteno &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160; Oxiteno Argentina Sociedad de Responsabilidad Ltda. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Argentina &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Oxiteno &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160; Oleoqu&#xed;mica Ind&#xfa;stria e Com&#xe9;rcio de Produtos Qu&#xed;micos Ltda. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Oxiteno &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160; Oxiteno Uruguay S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Uruguay &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Oxiteno &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160; Oxiteno M&#xe9;xico S.A. de C.V. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Mexico &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Oxiteno &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Oxiteno Servicios Corporativos S.A. de C.V. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Mexico &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Oxiteno &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Oxiteno Servicios Industriales S.A. de C.V. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Mexico &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Oxiteno &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Oxiteno USA LLC &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; United States &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Oxiteno &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160; Global Petroleum Products Trading Corp. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Virgin Islands &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Oxiteno &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="vertical-align: bottom; height: 19px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160; Oxiteno Europe SPRL &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Belgium &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Oxiteno &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 19px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 19px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 19px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 19px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160; Oxiteno Colombia S.A.S. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Colombia &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Oxiteno &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160; Oxiteno Shanghai LTD. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; China &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Oxiteno &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160; Empresa Carioca de Produtos Qu&#xed;micos S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Oxiteno &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Ultracargo &#x2013; Opera&#xe7;&#xf5;es Log&#xed;sticas e Participa&#xe7;&#xf5;es Ltda. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Ultracargo &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;&#160;&#160;&#160; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;&lt;span style="border-left: none; border-right: none;"&gt;&lt;span style="border-left: none; border-right: none;"&gt;Ultracargo Log&#xed;stica S.A.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt; &lt;/span&gt;&lt;sup&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; vertical-align: super;"&gt;(7)&lt;/span&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Ultracargo &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 99 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 99 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 99 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; TEAS &#x2013; Terminal Exportador de &#xc1;lcool de Santos Ltda. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Ultracargo &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Tequimar Vila do Conde Log&#xed;stica Portu&#xe1;ria S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Ultracargo &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Ultrapar International S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Luxembourg &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Others &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 12px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; SERMA &#x2013; Ass. dos usu&#xe1;rios equip. proc. de dados &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 12px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 12px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Others &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 12px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 12px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 12px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 12px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 12px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 12px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 12px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 12px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 12px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 12px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 12px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 12px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 20px;"&gt;
&lt;td style="vertical-align: middle; height: 20px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;UVC &#x2013; Fundo de investimento em participa&#xe7;&#xf5;es multiestrat&#xe9;gia investimento no exterior &lt;/span&gt;&lt;sup&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; vertical-align: super;"&gt;(8)&lt;/span&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 20px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 20px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Others &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 20px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 20px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 20px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 20px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 20px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 20px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 20px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 20px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 20px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 20px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 20px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 20px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 15px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: middle; background-color: #cceeff; height: 15px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Ea&#xed; Clube Automobilista S.A. &lt;/span&gt;&lt;sup&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; vertical-align: super;"&gt;(9)&lt;/span&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 15px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 15px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Abastece a&#xed; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 15px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 15px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 15px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 15px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 15px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 15px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 15px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 15px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 15px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 15px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 15px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 15px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;div&gt;

&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;The percentages in the table above are rounded.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_VYMR02LWLC00000000000000000000b"&gt;
&lt;table style="width: 96.0398%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt; height: 97px;"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="text-align: justify; height: 17px; width: 3%; vertical-align: top;" valign="top"&gt;(1)&lt;/td&gt;
&lt;td style="text-align: justify; height: 17px; width: 97%; vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;Non-operating company in closing phase.&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(2)&lt;/span&gt;&lt;/td&gt;
&lt;td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;In October 2020 there was a change in the share capital of the company&#160;&lt;/span&gt;Uting&#xe1;s&lt;span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;, which became controlled by&#160;&lt;/span&gt;Companhia&lt;span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;&#160;&lt;/span&gt;Ultragaz&lt;span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;&#160;S.A. (&#x201c;&lt;/span&gt;Cia&lt;span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;&#160;&lt;/span&gt;Ultragaz&lt;span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;&#x201d;).&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(3)&lt;/span&gt;&lt;/td&gt;
&lt;td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;On May 18, 2021 the Company announced the signing of an agreement for the sale of all shares of&#160;Extrafarma&#160;to&#160;Pague&#160;Menos. As of December 31, 2021, the Company reclassified the subsidiary's balances to &#x201c;assets and liabilities held for sale&#x201d;. For more details, see note &lt;span style="border-left: none; border-right: none;"&gt;3&lt;/span&gt;.&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;c&lt;span style="border-left: none; border-right: none;"&gt;.1&lt;/span&gt;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(4)&lt;/span&gt;&lt;/td&gt;
&lt;td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"&gt;&lt;span style="letter-spacing: 0px; font-size: 10pt;"&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 0px; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;Subsidiary set up in January 2020 to provide valuation, business management and financial advisory services to UVC -&#160;Fundo&#160;de&#160;investimento&#160;em&#160;participa&#xe7;&#xf5;es&#160;multiestrat&#xe9;gia&#160;investimento&#160;no exterior&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;(&#x201c;UVC &#x2013;&#160;Fundo&#160;de&#160;investimento&#x201d;)&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;. In September 2020 the Company&#x2019;s name was changed to UVC&#160;Investimentos&#160;Ltda&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;(&#x201c;UVC&#160;Investimentos&#x201d;)&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(5)&lt;/span&gt;&lt;/td&gt;
&lt;td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;In May 2020 there was a change in the interest of the capital of the subsidiary Millennium which became a direct subsidiary of the Company.&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(6)&lt;/span&gt;&lt;/td&gt;
&lt;td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;On August 16, 2021, the Company announced the signing of agreement for the sale of its interest in&#160;Oxiteno&#160;S.A. to&#160;Indorama. As of December 31, 2021, the Company reclassified the subsidiary's balances to &#x201c;assets and liabilities held for sale&#x201d;. For more details, see Note &lt;span style="border-left: none; border-right: none;"&gt;3&lt;/span&gt;.c&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;.1&lt;/span&gt;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(7)&lt;/span&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;In April 2021 the name of subsidiary&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;Terminal&#160;Qu&#xed;mico&#160;de&#160;Aratu&#160;S.A &#x2013;&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;Tequimar&#160;was changed to&#160;Ultracargo&#160;Log&#xed;stica&#160;S.A. (&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;&#x201c;Ultracargo&#160;Log&#xed;stica&#x201d;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;).&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(8)&lt;/span&gt;&lt;/td&gt;
&lt;td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;Fund set up on January 2020, the UVC has the purpose to monetize the resources of its shareholders through investment in promising companies in business segments that are complementary to the Company's businesses, with additional benefits such as of startups and new technologies.&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(9)&lt;/span&gt;&lt;/td&gt;
&lt;td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;Subsidiary set up in July 2020, focused on digital payments and electronic retail, combining the &#x201c;&lt;/span&gt;abastece&lt;span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;&#160;a&#xed;&#x201d; app and the &#x201c;Km de&#160;&lt;/span&gt;Vantagens&lt;span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;&#x201d; program.&lt;/span&gt;&lt;/span&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;

</ugp:DisclosureOfPrinciplesOfConsolidationAndInvestmentsInSubsidiariesTextBlock>
    <ifrs-full:DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory contextRef="D20211231_3" id="Tag817">
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The consolidated &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;financial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;statements&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;include the following direct and indirect subsidiaries:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify; font-family: 'Times New Roman'; font-size: 5pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 5pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-left: none; border-right: none;"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 478px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 10px; background-color: #ffffff;"&gt;
&lt;td colspan="2" style="vertical-align: bottom; background-color: #ffffff; height: 10px; width: 52.9352%; padding: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; height: 10px; width: 7.99595%; padding: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; height: 10px; width: 0.506073%; padding: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="11" style="border-bottom: 1px solid #000000; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 40.9317%; padding: 0px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; % interest in the share &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td colspan="2" style="vertical-align: bottom; height: 10px; width: 52.9352%; padding: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 7.99595%; padding: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%; padding: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="3" style="border-bottom: 1px solid #000000; border-top: 1pt solid #000000; vertical-align: bottom; height: 10px; width: 12.9555%; padding: 0px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-top: 1pt solid #000000; vertical-align: bottom; height: 10px; width: 0.506073%; padding: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="3" style="border-bottom: 1px solid #000000; border-top: 1pt solid #000000; vertical-align: bottom; height: 10px; width: 13.4314%; padding: 0px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 0.506073%; padding: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="3" style="border-bottom: 1px solid #000000; vertical-align: top; height: 10px; width: 13.5326%; padding: 0px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #ffffff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; height: 10px; width: 40.8907%; padding: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; height: 10px; width: 12.0445%; padding: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; height: 10px; width: 7.99595%; padding: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; height: 10px; width: 0.506073%; padding: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="3" style="border-bottom: 1px solid #000000; border-top: 0.5pt solid #000000; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 12.9555%; padding: 0px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Control &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-top: 0.5pt solid #000000; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 0.506073%; padding: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="3" style="border-bottom: 1px solid #000000; border-top: 0.5pt solid #000000; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 13.4314%; padding: 0px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Control &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #ffffff; height: 10px; width: 0.506073%; padding: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="3" style="vertical-align: top; background-color: #ffffff; height: 10px; width: 13.5326%; border-top: 1pt solid #000000; border-bottom: 1px solid #000000; padding: 0px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Control &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Location &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Segment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Direct &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Indirect &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Direct &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Indirect &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-top: 0.5pt solid #000000; vertical-align: top; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Direct &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-top: 0.5pt solid #000000; vertical-align: top; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-top: 0.5pt solid #000000; vertical-align: top; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Indirect &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; width: 40.8907%; height: 10px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Ipiranga Produtos de Petr&#xf3;leo S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; width: 12.0445%; height: 10px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; width: 7.99595%; height: 10px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Ipiranga &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; width: 0.506073%; height: 10px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; width: 5.97166%; height: 10px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; width: 1.01215%; height: 10px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; width: 5.97166%; height: 10px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; width: 0.506073%; height: 10px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; width: 5.97166%; height: 10px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 10px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; width: 5.97166%; height: 10px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; width: 0.506073%; height: 10px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; width: 5.97166%; height: 10px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; width: 1.4881%; height: 10px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; width: 6.07287%; height: 10px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160; am/pm Comest&#xed;veis Ltda. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Ipiranga &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160; Icorban &#x2013; Correspondente Banc&#xe1;rio Ltda. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Ipiranga &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 11px;"&gt;
&lt;td style="vertical-align: bottom; height: 11px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160; Ipiranga Trading Limited &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 11px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; British Virgin Islands &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 11px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Ipiranga &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 11px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 11px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 11px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 11px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 11px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 11px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 11px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 11px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 11px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 11px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 11px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 11px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160; Tropical Transportes Ipiranga Ltda. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Ipiranga &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160; Ipiranga Imobili&#xe1;ria Ltda. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Ipiranga &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160; Ipiranga Log&#xed;stica Ltda. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Ipiranga &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160; Oil Trading Importadora e Exportadora Ltda. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Ipiranga &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160; Iconic Lubrificantes S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Ipiranga &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 56 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 56 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 56 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160; Integra Frotas Ltda. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Ipiranga &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160; Companhia Ultragaz S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Ultragaz &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 99 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 99 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 99 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Ultragaz Comercial Ltda.&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Ultragaz &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Nova Paran&#xe1; Distribuidora de G&#xe1;s Ltda. &lt;/span&gt;&lt;sup&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; vertical-align: super;"&gt;(1)&lt;/span&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Ultragaz &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 11px;"&gt;
&lt;td style="vertical-align: bottom; height: 11px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Uting&#xe1;s Armazenadora S.A.&lt;/span&gt;&lt;sup&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; vertical-align: super;"&gt; (2)&lt;/span&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 11px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 11px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Ultragaz &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 11px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 11px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 11px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 11px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 57 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 11px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 11px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 11px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 11px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 57 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 11px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 11px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 11px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 11px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 57 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160; Bahiana Distribuidora de G&#xe1;s Ltda. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Ultragaz &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160; LPG International Inc. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Cayman Islands &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Ultragaz &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160; Imaven Im&#xf3;veis Ltda. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Others &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;&#160;&#160;&#160; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Imifarma Produtos Farmac&#xea;uticos e Cosm&#xe9;ticos S.A. &lt;/span&gt;&lt;sup&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; vertical-align: super;"&gt;(3)&lt;/span&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Extrafarma &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: middle; background-color: #cceeff; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;&#160;&#160;&#160; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;UVC Investimentos Ltda.&lt;/span&gt;&lt;sup&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; vertical-align: super;"&gt; (4)&lt;/span&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Others &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 99 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 99 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Centro de Conveni&#xea;ncias Millennium Ltda. and subsidiaries&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;sup&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; vertical-align: super;"&gt;(5)&lt;/span&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Ipiranga &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Oxiteno S.A. Ind&#xfa;stria e Com&#xe9;rcio &lt;/span&gt;&lt;sup&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; vertical-align: super;"&gt;(6)&lt;/span&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Oxiteno &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160; Oxiteno Argentina Sociedad de Responsabilidad Ltda. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Argentina &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Oxiteno &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160; Oleoqu&#xed;mica Ind&#xfa;stria e Com&#xe9;rcio de Produtos Qu&#xed;micos Ltda. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Oxiteno &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160; Oxiteno Uruguay S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Uruguay &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Oxiteno &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160; Oxiteno M&#xe9;xico S.A. de C.V. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Mexico &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Oxiteno &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Oxiteno Servicios Corporativos S.A. de C.V. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Mexico &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Oxiteno &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Oxiteno Servicios Industriales S.A. de C.V. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Mexico &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Oxiteno &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Oxiteno USA LLC &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; United States &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Oxiteno &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160; Global Petroleum Products Trading Corp. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Virgin Islands &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Oxiteno &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="vertical-align: bottom; height: 19px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160; Oxiteno Europe SPRL &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Belgium &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Oxiteno &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 19px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 19px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 19px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 19px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160; Oxiteno Colombia S.A.S. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Colombia &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Oxiteno &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160; Oxiteno Shanghai LTD. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; China &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Oxiteno &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160; Empresa Carioca de Produtos Qu&#xed;micos S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Oxiteno &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Ultracargo &#x2013; Opera&#xe7;&#xf5;es Log&#xed;sticas e Participa&#xe7;&#xf5;es Ltda. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Ultracargo &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;&#160;&#160;&#160; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;&lt;span style="border-left: none; border-right: none;"&gt;&lt;span style="border-left: none; border-right: none;"&gt;Ultracargo Log&#xed;stica S.A.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt; &lt;/span&gt;&lt;sup&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; vertical-align: super;"&gt;(7)&lt;/span&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Ultracargo &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 99 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 99 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 99 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; TEAS &#x2013; Terminal Exportador de &#xc1;lcool de Santos Ltda. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Ultracargo &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt; &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Tequimar Vila do Conde Log&#xed;stica Portu&#xe1;ria S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Ultracargo &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Ultrapar International S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Luxembourg &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Others &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 12px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; SERMA &#x2013; Ass. dos usu&#xe1;rios equip. proc. de dados &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 12px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 12px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Others &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 12px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 12px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 12px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 12px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 12px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 12px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 12px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 12px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 12px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 12px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 12px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 12px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 20px;"&gt;
&lt;td style="vertical-align: middle; height: 20px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;UVC &#x2013; Fundo de investimento em participa&#xe7;&#xf5;es multiestrat&#xe9;gia investimento no exterior &lt;/span&gt;&lt;sup&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; vertical-align: super;"&gt;(8)&lt;/span&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 20px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 20px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Others &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 20px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 20px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 20px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 20px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 20px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 20px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 20px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 20px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 20px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 20px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 20px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 20px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 15px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: middle; background-color: #cceeff; height: 15px; width: 40.8907%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 8pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Ea&#xed; Clube Automobilista S.A. &lt;/span&gt;&lt;sup&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; vertical-align: super;"&gt;(9)&lt;/span&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 15px; width: 12.0445%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 15px; width: 7.99595%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; Abastece a&#xed; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 15px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 15px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 15px; width: 1.01215%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 15px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 15px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 15px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; 100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 15px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 15px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 15px; width: 0.506073%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 15px; width: 5.97166%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 15px; width: 1.4881%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 15px; width: 6.07287%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;div&gt;

&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;The percentages in the table above are rounded.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_VYMR02LWLC00000000000000000000b"&gt;
&lt;table style="width: 96.0398%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt; height: 97px;"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="text-align: justify; height: 17px; width: 3%; vertical-align: top;" valign="top"&gt;(1)&lt;/td&gt;
&lt;td style="text-align: justify; height: 17px; width: 97%; vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;Non-operating company in closing phase.&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(2)&lt;/span&gt;&lt;/td&gt;
&lt;td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;In October 2020 there was a change in the share capital of the company&#160;&lt;/span&gt;Uting&#xe1;s&lt;span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;, which became controlled by&#160;&lt;/span&gt;Companhia&lt;span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;&#160;&lt;/span&gt;Ultragaz&lt;span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;&#160;S.A. (&#x201c;&lt;/span&gt;Cia&lt;span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;&#160;&lt;/span&gt;Ultragaz&lt;span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;&#x201d;).&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(3)&lt;/span&gt;&lt;/td&gt;
&lt;td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;On May 18, 2021 the Company announced the signing of an agreement for the sale of all shares of&#160;Extrafarma&#160;to&#160;Pague&#160;Menos. As of December 31, 2021, the Company reclassified the subsidiary's balances to &#x201c;assets and liabilities held for sale&#x201d;. For more details, see note &lt;span style="border-left: none; border-right: none;"&gt;3&lt;/span&gt;.&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;c&lt;span style="border-left: none; border-right: none;"&gt;.1&lt;/span&gt;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(4)&lt;/span&gt;&lt;/td&gt;
&lt;td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"&gt;&lt;span style="letter-spacing: 0px; font-size: 10pt;"&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 0px; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;Subsidiary set up in January 2020 to provide valuation, business management and financial advisory services to UVC -&#160;Fundo&#160;de&#160;investimento&#160;em&#160;participa&#xe7;&#xf5;es&#160;multiestrat&#xe9;gia&#160;investimento&#160;no exterior&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;(&#x201c;UVC &#x2013;&#160;Fundo&#160;de&#160;investimento&#x201d;)&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;. In September 2020 the Company&#x2019;s name was changed to UVC&#160;Investimentos&#160;Ltda&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;(&#x201c;UVC&#160;Investimentos&#x201d;)&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(5)&lt;/span&gt;&lt;/td&gt;
&lt;td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;In May 2020 there was a change in the interest of the capital of the subsidiary Millennium which became a direct subsidiary of the Company.&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(6)&lt;/span&gt;&lt;/td&gt;
&lt;td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;On August 16, 2021, the Company announced the signing of agreement for the sale of its interest in&#160;Oxiteno&#160;S.A. to&#160;Indorama. As of December 31, 2021, the Company reclassified the subsidiary's balances to &#x201c;assets and liabilities held for sale&#x201d;. For more details, see Note &lt;span style="border-left: none; border-right: none;"&gt;3&lt;/span&gt;.c&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;.1&lt;/span&gt;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(7)&lt;/span&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;In April 2021 the name of subsidiary&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;Terminal&#160;Qu&#xed;mico&#160;de&#160;Aratu&#160;S.A &#x2013;&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;Tequimar&#160;was changed to&#160;Ultracargo&#160;Log&#xed;stica&#160;S.A. (&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;&#x201c;Ultracargo&#160;Log&#xed;stica&#x201d;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;).&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(8)&lt;/span&gt;&lt;/td&gt;
&lt;td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;Fund set up on January 2020, the UVC has the purpose to monetize the resources of its shareholders through investment in promising companies in business segments that are complementary to the Company's businesses, with additional benefits such as of startups and new technologies.&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(9)&lt;/span&gt;&lt;/td&gt;
&lt;td style="text-align: justify; height: 10px; vertical-align: top;" valign="top"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;Subsidiary set up in July 2020, focused on digital payments and electronic retail, combining the &#x201c;&lt;/span&gt;abastece&lt;span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;&#160;a&#xed;&#x201d; app and the &#x201c;Km de&#160;&lt;/span&gt;Vantagens&lt;span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;&#x201d; program.&lt;/span&gt;&lt;/span&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
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    <ifrs-full:NameOfSubsidiary
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    <ugp:DirectControlInterestPercentage
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      unitRef="Pure"
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    <ugp:IndirectControlInterestPercentage
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    <ifrs-full:NameOfSubsidiary
      contextRef="D20201231_NovaParanaDistribuidoraDeGasLtdaMember"
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    <ifrs-full:NameOfSubsidiary
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    <ifrs-full:PrincipalPlaceOfBusinessOfSubsidiary
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    <ugp:IndirectControlInterestPercentage
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    <ugp:DirectControlInterestPercentage
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    <ugp:DirectControlInterestPercentage
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    <ugp:IndirectControlInterestPercentage
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    <ifrs-full:NameOfSubsidiary
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    <ifrs-full:NameOfSubsidiary
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    <ifrs-full:PrincipalPlaceOfBusinessOfSubsidiary
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    <ugp:DirectControlInterestPercentage
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    <ugp:IndirectControlInterestPercentage
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    <ifrs-full:NameOfSubsidiary
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    <ifrs-full:NameOfSubsidiary
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    <ifrs-full:PrincipalPlaceOfBusinessOfSubsidiary
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    <ugp:IndirectControlInterestPercentage
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    <ugp:DirectControlInterestPercentage
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    <ugp:IndirectControlInterestPercentage
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    <ugp:DirectControlInterestPercentage
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    <ugp:IndirectControlInterestPercentage
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    <ugp:DirectControlInterestPercentage
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    <ugp:IndirectControlInterestPercentage
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    <ugp:DirectControlInterestPercentage
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    <ugp:DirectControlInterestPercentage
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    <ifrs-full:NameOfSubsidiary
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    <ifrs-full:NameOfSubsidiary
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    <ugp:DirectControlInterestPercentage
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    <ugp:DirectControlInterestPercentage
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    <ugp:IndirectControlInterestPercentage
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    <ifrs-full:NameOfSubsidiary
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    <ugp:IndirectControlInterestPercentage
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    <ifrs-full:NameOfSubsidiary
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&lt;p style="margin: 0pt; text-align: justify; font-weight: bold;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;&lt;span style="border-right: none; border-left: none;"&gt;5&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;. Cash and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;c&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;ash &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;e&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;quivalents&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;f&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;inancial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;i&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;nvestments&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt; and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;h&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;edge &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;d&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;erivative &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;f&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;inancial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;i&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;nstruments&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Cash equivalents and financial investments, excluding cash and bank deposits, are substantially represented by investments: (&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;i&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;) in Brazil, in certificates of deposit of financial institutions linked to &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;interest rate of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;DI&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;repurchase agreement&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; financial bills,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and in short term investments funds, whose portfolio comprised of Brazilian Federal Government bonds&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and in certificates of deposit of financial institutions&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;; (ii) outside Brazil, in certificates of deposit of financial institutions&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and in short&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;term investments funds, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;whose portfolio compris&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ed of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;F&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ederal &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;G&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;overnment &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;bond&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;; and (iii) in currency and interest rate hedging instruments.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The financial assets were classified in Note 33&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.j&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;based on business model of financial assets&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of the Company and its subsidiaries.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Cash, cash equivalents and financial investments amounted &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;to &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;R&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;$&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;4,463,473&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;1&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;20&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;2&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;1&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;R$&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;8,672,160&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as of December 31, 20&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;20&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;are as follows:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;a. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Cash and cash equivalents&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Cash and cash equivalents &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of the Company and its subsidiaries are &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;presented&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; as follows:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_AWUV4DE06O00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 163px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Cash and bank deposits &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 73%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; In local currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 317,907 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 285,306 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; In foreign currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 16,640 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 119,775 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Financial investments considered cash equivalents &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; In local currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 20pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.75pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Fixed-income securities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,943,164 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,241,852 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; In foreign currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 20pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.75pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Fixed-income securities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,363 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 14,561 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Total cash and cash equivalents&#160;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,280,074 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,661,494 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;


&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;b. Financial investments&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt; and&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;c&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;urrency and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;i&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;nterest &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;r&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;ate &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;h&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;edging &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;i&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;nstruments&#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The financial investments&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; which are not classified as cash and cash equivalents&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; are &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;presented&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as follows:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_LBWUI67GCW00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 172px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Financial investments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; In local currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 73%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 20pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.75pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Fixed-income securities and funds &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,607,608 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,749,852 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; In foreign currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 20pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.75pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Fixed-income securities and funds &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 103,239 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,278,940 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Currency and interest rate hedging instruments (a) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 472,552 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 981,874 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Total financial investments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,183,399 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 6,010,666 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,804,122 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 5,033,258 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Non-current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 379,277 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 977,408 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;(a) Accumulated gains, net of income tax (see Note 33.i).&lt;/span&gt;&lt;/p&gt;

</ugp:DisclosureOfCashAndCashEquivalentsAndFinancialInvestmentsAndHedgeDerivativeFinancialInstrumentsTextBlock>
    <ugp:CashCashEquivalentsAndFinancialInvestments
      contextRef="I20211231"
      decimals="-3"
      id="Tag1627"
      unitRef="BRL">4463473000</ugp:CashCashEquivalentsAndFinancialInvestments>
    <ugp:CashCashEquivalentsAndFinancialInvestments
      contextRef="I20201231"
      decimals="-3"
      id="Tag1630"
      unitRef="BRL">8672160000</ugp:CashCashEquivalentsAndFinancialInvestments>
    <ifrs-full:DisclosureOfCashAndCashEquivalentsExplanatory contextRef="D20211231_3" id="Tag1636">
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Cash and cash equivalents &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of the Company and its subsidiaries are &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;presented&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; as follows:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_AWUV4DE06O00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 163px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Cash and bank deposits &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 73%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; In local currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 317,907 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 285,306 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; In foreign currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 16,640 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 119,775 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Financial investments considered cash equivalents &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; In local currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 20pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.75pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Fixed-income securities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,943,164 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,241,852 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; In foreign currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 20pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.75pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Fixed-income securities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,363 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 14,561 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Total cash and cash equivalents&#160;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,280,074 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,661,494 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
</ifrs-full:DisclosureOfCashAndCashEquivalentsExplanatory>
    <ugp:CashAndBankDepositsInLocalCurrency
      contextRef="I20211231"
      decimals="-3"
      id="Tag1634"
      unitRef="BRL">317907000</ugp:CashAndBankDepositsInLocalCurrency>
    <ugp:CashAndBankDepositsInLocalCurrency
      contextRef="I20201231"
      decimals="-3"
      id="Tag1631"
      unitRef="BRL">285306000</ugp:CashAndBankDepositsInLocalCurrency>
    <ugp:CashAndBankDepositsInForeignCurrency
      contextRef="I20211231"
      decimals="-3"
      id="Tag1629"
      unitRef="BRL">16640000</ugp:CashAndBankDepositsInForeignCurrency>
    <ugp:CashAndBankDepositsInForeignCurrency
      contextRef="I20201231"
      decimals="-3"
      id="Tag1628"
      unitRef="BRL">119775000</ugp:CashAndBankDepositsInForeignCurrency>
    <ugp:FinancialInvestmentsConsideredCashEquivalentsInLocalCurrency
      contextRef="I20211231"
      decimals="-3"
      id="Tag1607"
      unitRef="BRL">1943164000</ugp:FinancialInvestmentsConsideredCashEquivalentsInLocalCurrency>
    <ugp:FinancialInvestmentsConsideredCashEquivalentsInLocalCurrency
      contextRef="I20201231"
      decimals="-3"
      id="Tag1610"
      unitRef="BRL">2241852000</ugp:FinancialInvestmentsConsideredCashEquivalentsInLocalCurrency>
    <ugp:FinancialInvestmentsConsideredCashEquivalentsInForeignCurrency
      contextRef="I20211231"
      decimals="-3"
      id="Tag1633"
      unitRef="BRL">2363000</ugp:FinancialInvestmentsConsideredCashEquivalentsInForeignCurrency>
    <ugp:FinancialInvestmentsConsideredCashEquivalentsInForeignCurrency
      contextRef="I20201231"
      decimals="-3"
      id="Tag1599"
      unitRef="BRL">14561000</ugp:FinancialInvestmentsConsideredCashEquivalentsInForeignCurrency>
    <ifrs-full:CashAndCashEquivalents
      contextRef="I20211231"
      decimals="-3"
      id="Tag1609"
      unitRef="BRL">2280074000</ifrs-full:CashAndCashEquivalents>
    <ifrs-full:CashAndCashEquivalents
      contextRef="I20201231"
      decimals="-3"
      id="Tag1608"
      unitRef="BRL">2661494000</ifrs-full:CashAndCashEquivalents>
    <ugp:ScheduleOfFinancialInvestmentsAndHedgeDerivativeFinancialInstrumentsTableTextBlock contextRef="D20211231_3" id="Tag1635">
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The financial investments&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; which are not classified as cash and cash equivalents&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; are &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;presented&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as follows:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_LBWUI67GCW00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 172px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Financial investments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; In local currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 73%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 20pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.75pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Fixed-income securities and funds &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,607,608 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,749,852 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; In foreign currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 20pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.75pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Fixed-income securities and funds &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 103,239 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,278,940 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Currency and interest rate hedging instruments (a) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 472,552 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 981,874 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Total financial investments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,183,399 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 6,010,666 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,804,122 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 5,033,258 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Non-current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 379,277 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 977,408 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;(a) Accumulated gains, net of income tax (see Note 33.i).&lt;/span&gt;&lt;/p&gt;
</ugp:ScheduleOfFinancialInvestmentsAndHedgeDerivativeFinancialInstrumentsTableTextBlock>
    <ugp:FinancialInvestmentsInLocalCurrency
      contextRef="I20211231"
      decimals="-3"
      id="Tag1593"
      unitRef="BRL">1607608000</ugp:FinancialInvestmentsInLocalCurrency>
    <ugp:FinancialInvestmentsInLocalCurrency
      contextRef="I20201231"
      decimals="-3"
      id="Tag1597"
      unitRef="BRL">3749852000</ugp:FinancialInvestmentsInLocalCurrency>
    <ugp:FinancialInvestmentsInForeignCurrency
      contextRef="I20211231"
      decimals="-3"
      id="Tag1632"
      unitRef="BRL">103239000</ugp:FinancialInvestmentsInForeignCurrency>
    <ugp:FinancialInvestmentsInForeignCurrency
      contextRef="I20201231"
      decimals="-3"
      id="Tag1598"
      unitRef="BRL">1278940000</ugp:FinancialInvestmentsInForeignCurrency>
    <ugp:CurencyAndInterestRateHedgingInstruments
      contextRef="I20211231"
      decimals="-3"
      id="Tag1605"
      unitRef="BRL">472552000</ugp:CurencyAndInterestRateHedgingInstruments>
    <ugp:CurencyAndInterestRateHedgingInstruments
      contextRef="I20201231"
      decimals="-3"
      id="Tag1603"
      unitRef="BRL">981874000</ugp:CurencyAndInterestRateHedgingInstruments>
    <ugp:FinancialInvestments
      contextRef="I20211231"
      decimals="-3"
      id="Tag1606"
      unitRef="BRL">2183399000</ugp:FinancialInvestments>
    <ugp:FinancialInvestments
      contextRef="I20201231"
      decimals="-3"
      id="Tag1602"
      unitRef="BRL">6010666000</ugp:FinancialInvestments>
    <ugp:FinancialInvestmentsCurrent
      contextRef="I20211231"
      decimals="-3"
      id="Tag1600"
      unitRef="BRL">1804122000</ugp:FinancialInvestmentsCurrent>
    <ugp:FinancialInvestmentsCurrent
      contextRef="I20201231"
      decimals="-3"
      id="Tag1596"
      unitRef="BRL">5033258000</ugp:FinancialInvestmentsCurrent>
    <ugp:FinancialInvestmentsNoncurrent
      contextRef="I20211231"
      decimals="-3"
      id="Tag1648"
      unitRef="BRL">379277000</ugp:FinancialInvestmentsNoncurrent>
    <ugp:FinancialInvestmentsNoncurrent
      contextRef="I20201231"
      decimals="-3"
      id="Tag1601"
      unitRef="BRL">977408000</ugp:FinancialInvestmentsNoncurrent>
    <ifrs-full:DisclosureOfTradeAndOtherReceivablesExplanatory contextRef="D20211231_3" id="Tag4157">
&lt;p style="margin: 0pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;6&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;. Trade &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;r&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;eceivables &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;r&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;eseller &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;f&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;inancing&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;a. Trade &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;r&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;eceivables&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;composition&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; of t&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;rade receivables &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;is&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; as follows:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_TIEJ424GCG00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 155px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 73%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Domestic customers &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; width: 2%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,805,756 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,443,641 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Domestic customers &#x2013; related parties (see Note 9.a) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 57 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 151 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Foreign customers &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,137 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 326,442 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Foreign customers &#x2013; related parties (see Note 9.a) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 4,400 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,984 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (-) Loss allowance for expected credit losses &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (374,355 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (382,096 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,438,995 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,391,122 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,375,246 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,318,927 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Non-current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 63,749 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 72,195 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;

&lt;/div&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The breakdown of trade receivables, gross&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;loss allowance for expected credit losses&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, is as follows:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_B289WFEEFK00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 61px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="13" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Past due &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; less than 30 days &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 31-60 days &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 61-90 days &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 91-180 days &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; more than 180 days &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 17%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 10%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,813,350 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 10%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,131,528 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 10%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 90,024 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 10%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 33,255 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 10%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 24,804 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 10%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 23,903 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 10%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 509,836 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,773,218 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,963,163 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 124,606 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 27,970 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 21,389 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 47,169 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 588,921 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The breakdown of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;loss allowance for expected credit losses&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, is as follows:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_XVGJSX1W5C00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 61px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="13" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Past due &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; less than 30 days &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 31-60 days &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 61-90 days &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 91-180 days &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; more than 180 days &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 374,355 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 21,962 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,595 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,049 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,761 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 14,926 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 330,062 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 382,096 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 21,219 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,154 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,751 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,233 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 13,378 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 341,361 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Movements in the allowance for &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;loss allowance for expected credit losses&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; are as follows:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_GRRB0451C000000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 170px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 82%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 2%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 15%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 404,886 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Additions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 194,220 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Reversals &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (203,994 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Write-offs &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (13,016 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 382,096 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Additions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 177,872 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Reversals &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (150,160 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Write-offs &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (18,646 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Reclassification to assets held for sale &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (16,807 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 374,355 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;For &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;more&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; information about the allowance for &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;loss allowance for expected credit losses&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; see Note 33&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.d.3.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font-size: 11pt; line-height: 115%; margin: 10pt 0pt 10pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;"&gt;b. Reseller financing&#160;&lt;/span&gt;&lt;br/&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;The composition of reseller financing is as follows:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_XATUVL3YN400000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 102px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 70%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-size: 10pt;"&gt; Reseller financing &#x2013; Ipiranga &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 2%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,183,312 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,165,395 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (-) Loss allowance for expected credit losses &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (185,278 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (197,011 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 998,034 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 968,384 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 582,562 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 549,129 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Non-current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 415,472 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 419,255 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The breakdown of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;reseller financing&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, gross of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;loss allowance for expected credit losses&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, is as follows:&#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_UX7488B7XC00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 84px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="13" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Past due &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 33px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; less than 30 days &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 31-60 days &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 61-90 days &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 91-180 days &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; more than 180 days &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 17%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,183,312 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 770,008 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 19,260 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 24,290 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 14,373 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 26,685 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 328,696 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,165,395 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 787,904 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 10,230 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 15,237 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 21,200 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 28,989 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 301,835 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The breakdown of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;loss allowance for expected credit losses&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, is as follows:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_8SIV5NEDDS00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 85px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.9576%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="13" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 57.9385%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Past due &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 34px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 16.9576%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; border-bottom: 1px solid #000000; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; border-bottom: 1px solid #000000; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; border-bottom: 1px solid #000000; width: 10.0582%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; less than 30 days &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; border-bottom: 1px solid #000000; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; border-bottom: 1px solid #000000; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 31-60 days &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; border-bottom: 1px solid #000000; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; border-bottom: 1px solid #000000; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 61-90 days &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; border-bottom: 1px solid #000000; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 91-180 days &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; border-bottom: 1px solid #000000; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; more than 180 days &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.9576%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 185,278 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,514 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0582%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 6,410 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 8,697 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 6,255 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 9,892 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 152,510 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.9576%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 197,011 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 22,872 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0582%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 785 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,812 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,397 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 14,684 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 154,461 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Movements in the allowance for &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;loss allowance for expected credit losses&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; are as follows:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_GMRS6XF76O00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 154px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 82%; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 2%; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 15%; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 156,006 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Additions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 74,745 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Reversals &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (29,791 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Write-offs &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (3,949) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 197,011 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Additions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 65,536 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Reversals &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (68,982 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Write-offs &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (8,287 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 185,278 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;For &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;more&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; information about the allowance for &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;loss allowance for expected credit losses&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; see Note 33&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.d.3.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
</ifrs-full:DisclosureOfTradeAndOtherReceivablesExplanatory>
    <ugp:DisclosureOfTradeReceivablesCompositionExplanatory
      contextRef="D20211231_TradeReceivablesMember_1"
      id="Tag2126">
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;composition&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; of t&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;rade receivables &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;is&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; as follows:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_TIEJ424GCG00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 155px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 73%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Domestic customers &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; width: 2%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,805,756 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,443,641 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Domestic customers &#x2013; related parties (see Note 9.a) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 57 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 151 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Foreign customers &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,137 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 326,442 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Foreign customers &#x2013; related parties (see Note 9.a) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 4,400 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,984 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (-) Loss allowance for expected credit losses &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (374,355 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (382,096 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,438,995 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,391,122 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,375,246 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,318,927 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Non-current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 63,749 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 72,195 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;

&lt;/div&gt;
</ugp:DisclosureOfTradeReceivablesCompositionExplanatory>
    <ugp:TradeReceivablesGross
      contextRef="I20211231_TradeReceivablesMember_DomesticCustomersMember"
      decimals="-3"
      id="Tag1827"
      unitRef="BRL">3805756000</ugp:TradeReceivablesGross>
    <ugp:TradeReceivablesGross
      contextRef="I20201231_TradeReceivablesMember_DomesticCustomersMember"
      decimals="-3"
      id="Tag2052"
      unitRef="BRL">3443641000</ugp:TradeReceivablesGross>
    <ugp:TradeReceivablesDueFromRelatedPartiesGross
      contextRef="I20211231_TradeReceivablesMember_DomesticCustomersMember"
      decimals="-3"
      id="Tag2061"
      unitRef="BRL">57000</ugp:TradeReceivablesDueFromRelatedPartiesGross>
    <ugp:TradeReceivablesDueFromRelatedPartiesGross
      contextRef="I20201231_TradeReceivablesMember_DomesticCustomersMember"
      decimals="-3"
      id="Tag1848"
      unitRef="BRL">151000</ugp:TradeReceivablesDueFromRelatedPartiesGross>
    <ugp:TradeReceivablesGross
      contextRef="I20211231_TradeReceivablesMember_ForeignCustomersMember"
      decimals="-3"
      id="Tag2042"
      unitRef="BRL">3137000</ugp:TradeReceivablesGross>
    <ugp:TradeReceivablesGross
      contextRef="I20201231_TradeReceivablesMember_ForeignCustomersMember"
      decimals="-3"
      id="Tag1832"
      unitRef="BRL">326442000</ugp:TradeReceivablesGross>
    <ugp:TradeReceivablesDueFromRelatedPartiesGross
      contextRef="I20211231_TradeReceivablesMember_ForeignCustomersMember"
      decimals="-3"
      id="Tag1812"
      unitRef="BRL">4400000</ugp:TradeReceivablesDueFromRelatedPartiesGross>
    <ugp:TradeReceivablesDueFromRelatedPartiesGross
      contextRef="I20201231_TradeReceivablesMember_ForeignCustomersMember"
      decimals="-3"
      id="Tag1818"
      unitRef="BRL">2984000</ugp:TradeReceivablesDueFromRelatedPartiesGross>
    <ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets
      contextRef="I20211231_TradeReceivablesMember_1"
      decimals="-3"
      id="Tag1840"
      unitRef="BRL">374355000</ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets>
    <ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets
      contextRef="I20201231_TradeReceivablesMember_1"
      decimals="-3"
      id="Tag1820"
      unitRef="BRL">382096000</ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets>
    <ifrs-full:TradeReceivables
      contextRef="I20211231_TradeReceivablesMember_1"
      decimals="-3"
      id="Tag7297"
      unitRef="BRL">3438995000</ifrs-full:TradeReceivables>
    <ifrs-full:TradeReceivables
      contextRef="I20201231_TradeReceivablesMember_1"
      decimals="-3"
      id="Tag1650"
      unitRef="BRL">3391122000</ifrs-full:TradeReceivables>
    <ifrs-full:CurrentTradeReceivables
      contextRef="I20211231_TradeReceivablesMember_1"
      decimals="-3"
      id="Tag1819"
      unitRef="BRL">3375246000</ifrs-full:CurrentTradeReceivables>
    <ifrs-full:CurrentTradeReceivables
      contextRef="I20201231_TradeReceivablesMember_1"
      decimals="-3"
      id="Tag1655"
      unitRef="BRL">3318927000</ifrs-full:CurrentTradeReceivables>
    <ifrs-full:NoncurrentTradeReceivables
      contextRef="I20211231_TradeReceivablesMember_1"
      decimals="-3"
      id="Tag2050"
      unitRef="BRL">63749000</ifrs-full:NoncurrentTradeReceivables>
    <ifrs-full:NoncurrentTradeReceivables
      contextRef="I20201231_TradeReceivablesMember_1"
      decimals="-3"
      id="Tag1659"
      unitRef="BRL">72195000</ifrs-full:NoncurrentTradeReceivables>
    <ugp:DisclosureOfTradeReceivablesBreakdownExplanatory
      contextRef="D20211231_TradeReceivablesMember_1"
      id="Tag2134">
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The breakdown of trade receivables, gross&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;loss allowance for expected credit losses&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, is as follows:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_B289WFEEFK00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 61px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="13" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Past due &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; less than 30 days &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 31-60 days &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 61-90 days &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 91-180 days &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; more than 180 days &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 17%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 10%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,813,350 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 10%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,131,528 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 10%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 90,024 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 10%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 33,255 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 10%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 24,804 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 10%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 23,903 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 10%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 509,836 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,773,218 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,963,163 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 124,606 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 27,970 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 21,389 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 47,169 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 588,921 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
</ugp:DisclosureOfTradeReceivablesBreakdownExplanatory>
    <ugp:TradeReceivablesGross
      contextRef="I20211231"
      decimals="-3"
      id="Tag1663"
      unitRef="BRL">3813350000</ugp:TradeReceivablesGross>
    <ugp:TradeReceivablesGross
      contextRef="I20211231_CurrentMember"
      decimals="-3"
      id="Tag1834"
      unitRef="BRL">3131528000</ugp:TradeReceivablesGross>
    <ugp:TradeReceivablesGross
      contextRef="I20211231_NotLaterThanOneMonthMember"
      decimals="-3"
      id="Tag2049"
      unitRef="BRL">90024000</ugp:TradeReceivablesGross>
    <ugp:TradeReceivablesGross
      contextRef="I20211231_LaterThanOneMonthAndNotLaterThanTwoMonthsMember"
      decimals="-3"
      id="Tag1851"
      unitRef="BRL">33255000</ugp:TradeReceivablesGross>
    <ugp:TradeReceivablesGross
      contextRef="I20211231_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember"
      decimals="-3"
      id="Tag1661"
      unitRef="BRL">24804000</ugp:TradeReceivablesGross>
    <ugp:TradeReceivablesGross
      contextRef="I20211231_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember"
      decimals="-3"
      id="Tag1813"
      unitRef="BRL">23903000</ugp:TradeReceivablesGross>
    <ugp:TradeReceivablesGross
      contextRef="I20211231_LaterThanSixMonthsMember"
      decimals="-3"
      id="Tag1894"
      unitRef="BRL">509836000</ugp:TradeReceivablesGross>
    <ugp:TradeReceivablesGross
      contextRef="I20201231"
      decimals="-3"
      id="Tag1675"
      unitRef="BRL">3773218000</ugp:TradeReceivablesGross>
    <ugp:TradeReceivablesGross
      contextRef="I20201231_CurrentMember"
      decimals="-3"
      id="Tag1823"
      unitRef="BRL">2963163000</ugp:TradeReceivablesGross>
    <ugp:TradeReceivablesGross
      contextRef="I20201231_NotLaterThanOneMonthMember"
      decimals="-3"
      id="Tag1844"
      unitRef="BRL">124606000</ugp:TradeReceivablesGross>
    <ugp:TradeReceivablesGross
      contextRef="I20201231_LaterThanOneMonthAndNotLaterThanTwoMonthsMember"
      decimals="-3"
      id="Tag1821"
      unitRef="BRL">27970000</ugp:TradeReceivablesGross>
    <ugp:TradeReceivablesGross
      contextRef="I20201231_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember"
      decimals="-3"
      id="Tag2041"
      unitRef="BRL">21389000</ugp:TradeReceivablesGross>
    <ugp:TradeReceivablesGross
      contextRef="I20201231_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember"
      decimals="-3"
      id="Tag1895"
      unitRef="BRL">47169000</ugp:TradeReceivablesGross>
    <ugp:TradeReceivablesGross
      contextRef="I20201231_LaterThanSixMonthsMember"
      decimals="-3"
      id="Tag1668"
      unitRef="BRL">588921000</ugp:TradeReceivablesGross>
    <ugp:DisclosureOfBreakdownOfAllowanceForExpectedCreditLossesOnDoubtfulAccountsExplanatoryTextBlock
      contextRef="D20211231_TradeReceivablesMember_1"
      id="Tag2135">
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The breakdown of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;loss allowance for expected credit losses&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, is as follows:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_XVGJSX1W5C00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 61px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="13" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Past due &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; less than 30 days &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 31-60 days &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 61-90 days &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 91-180 days &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; more than 180 days &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 374,355 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 21,962 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,595 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,049 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,761 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 14,926 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 330,062 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 382,096 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 21,219 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,154 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,751 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,233 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 13,378 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 341,361 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
</ugp:DisclosureOfBreakdownOfAllowanceForExpectedCreditLossesOnDoubtfulAccountsExplanatoryTextBlock>
    <ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets
      contextRef="I20211231_TradeReceivablesMember_5"
      decimals="-3"
      id="Tag1673"
      unitRef="BRL">374355000</ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets>
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      contextRef="I20211231_TradeReceivablesMember_CurrentMember"
      decimals="-3"
      id="Tag2046"
      unitRef="BRL">21962000</ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets>
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      contextRef="I20211231_TradeReceivablesMember_NotLaterThanOneMonthMember"
      decimals="-3"
      id="Tag1846"
      unitRef="BRL">1595000</ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets>
    <ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets
      contextRef="I20211231_TradeReceivablesMember_LaterThanOneMonthAndNotLaterThanTwoMonthsMember"
      decimals="-3"
      id="Tag1842"
      unitRef="BRL">3049000</ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets>
    <ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets
      contextRef="I20211231_TradeReceivablesMember_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember"
      decimals="-3"
      id="Tag1822"
      unitRef="BRL">2761000</ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets>
    <ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets
      contextRef="I20211231_TradeReceivablesMember_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember"
      decimals="-3"
      id="Tag1896"
      unitRef="BRL">14926000</ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets>
    <ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets
      contextRef="I20211231_TradeReceivablesMember_LaterThanSixMonthsMember"
      decimals="-3"
      id="Tag1672"
      unitRef="BRL">330062000</ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets>
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      contextRef="I20201231_TradeReceivablesMember_5"
      decimals="-3"
      id="Tag1808"
      unitRef="BRL">382096000</ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets>
    <ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets
      contextRef="I20201231_TradeReceivablesMember_CurrentMember"
      decimals="-3"
      id="Tag1807"
      unitRef="BRL">21219000</ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets>
    <ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets
      contextRef="I20201231_TradeReceivablesMember_NotLaterThanOneMonthMember"
      decimals="-3"
      id="Tag2043"
      unitRef="BRL">2154000</ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets>
    <ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets
      contextRef="I20201231_TradeReceivablesMember_LaterThanOneMonthAndNotLaterThanTwoMonthsMember"
      decimals="-3"
      id="Tag1806"
      unitRef="BRL">1751000</ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets>
    <ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets
      contextRef="I20201231_TradeReceivablesMember_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember"
      decimals="-3"
      id="Tag1651"
      unitRef="BRL">2233000</ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets>
    <ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets
      contextRef="I20201231_TradeReceivablesMember_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember"
      decimals="-3"
      id="Tag1839"
      unitRef="BRL">13378000</ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets>
    <ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets
      contextRef="I20201231_TradeReceivablesMember_LaterThanSixMonthsMember"
      decimals="-3"
      id="Tag1837"
      unitRef="BRL">341361000</ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets>
    <ifrs-full:DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory
      contextRef="D20211231_TradeReceivablesMember_InAccordanceWithIFRS9Member"
      id="Tag2132">
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Movements in the allowance for &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;loss allowance for expected credit losses&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; are as follows:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_GRRB0451C000000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 170px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 82%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 2%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 15%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 404,886 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Additions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 194,220 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Reversals &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (203,994 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Write-offs &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (13,016 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 382,096 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Additions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 177,872 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Reversals &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (150,160 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Write-offs &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (18,646 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Reclassification to assets held for sale &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (16,807 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 374,355 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
</ifrs-full:DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory>
    <ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets
      contextRef="I20191231_TradeReceivablesMember"
      decimals="-3"
      id="Tag2044"
      unitRef="BRL">404886000</ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets>
    <ifrs-full:AdditionalAllowanceRecognisedInProfitOrLossAllowanceAccountForCreditLossesOfFinancialAssets
      contextRef="D20201231_TradeReceivablesMember"
      decimals="-3"
      id="Tag2059"
      unitRef="BRL">194220000</ifrs-full:AdditionalAllowanceRecognisedInProfitOrLossAllowanceAccountForCreditLossesOfFinancialAssets>
    <ifrs-full:ReversalAllowanceAccountForCreditLossesOfFinancialAssets
      contextRef="D20201231_TradeReceivablesMember"
      decimals="-3"
      id="Tag1829"
      unitRef="BRL">203994000</ifrs-full:ReversalAllowanceAccountForCreditLossesOfFinancialAssets>
    <ifrs-full:ImpairmentLossOnFinancialAssets
      contextRef="D20201231_TradeReceivablesMember"
      decimals="-3"
      id="Tag1809"
      unitRef="BRL">-13016000</ifrs-full:ImpairmentLossOnFinancialAssets>
    <ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets
      contextRef="I20201231_TradeReceivablesMember_5"
      decimals="-3"
      id="Tag1660"
      unitRef="BRL">382096000</ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets>
    <ifrs-full:AdditionalAllowanceRecognisedInProfitOrLossAllowanceAccountForCreditLossesOfFinancialAssets
      contextRef="D20211231_TradeReceivablesMember_1"
      decimals="-3"
      id="Tag1670"
      unitRef="BRL">177872000</ifrs-full:AdditionalAllowanceRecognisedInProfitOrLossAllowanceAccountForCreditLossesOfFinancialAssets>
    <ifrs-full:ReversalAllowanceAccountForCreditLossesOfFinancialAssets
      contextRef="D20211231_TradeReceivablesMember_1"
      decimals="-3"
      id="Tag1828"
      unitRef="BRL">150160000</ifrs-full:ReversalAllowanceAccountForCreditLossesOfFinancialAssets>
    <ifrs-full:ImpairmentLossOnFinancialAssets
      contextRef="D20211231_TradeReceivablesMember_1"
      decimals="-3"
      id="Tag1831"
      unitRef="BRL">-18646000</ifrs-full:ImpairmentLossOnFinancialAssets>
    <ugp:DecreaseThroughClassifiedAsHeldForSaleAllowanceAccountForCreditLossesOfFinancialAssets
      contextRef="D20211231_TradeReceivablesMember_1"
      decimals="-3"
      id="Tag1833"
      unitRef="BRL">16807000</ugp:DecreaseThroughClassifiedAsHeldForSaleAllowanceAccountForCreditLossesOfFinancialAssets>
    <ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets
      contextRef="I20211231_TradeReceivablesMember_5"
      decimals="-3"
      id="Tag1826"
      unitRef="BRL">374355000</ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets>
    <ugp:DisclosureOfResellerFinancingCompositionExplanatory
      contextRef="D20211231_ResellerFinancingIpirangaMember"
      id="Tag2131">
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;The composition of reseller financing is as follows:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_XATUVL3YN400000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 102px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 70%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-size: 10pt;"&gt; Reseller financing &#x2013; Ipiranga &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 2%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,183,312 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,165,395 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (-) Loss allowance for expected credit losses &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (185,278 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (197,011 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 998,034 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 968,384 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 582,562 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 549,129 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Non-current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 415,472 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 419,255 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
</ugp:DisclosureOfResellerFinancingCompositionExplanatory>
    <ugp:ResellerFinancingGross
      contextRef="I20211231_ResellerFinancingIpirangaMember"
      decimals="-3"
      id="Tag2040"
      unitRef="BRL">1183312000</ugp:ResellerFinancingGross>
    <ugp:ResellerFinancingGross
      contextRef="I20201231_ResellerFinancingIpirangaMember"
      decimals="-3"
      id="Tag2057"
      unitRef="BRL">1165395000</ugp:ResellerFinancingGross>
    <ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets
      contextRef="I20211231"
      decimals="-3"
      id="Tag1836"
      unitRef="BRL">185278000</ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets>
    <ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets
      contextRef="I20201231"
      decimals="-3"
      id="Tag2054"
      unitRef="BRL">197011000</ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets>
    <ugp:ResellerFinancing
      contextRef="I20211231"
      decimals="-3"
      id="Tag2056"
      unitRef="BRL">998034000</ugp:ResellerFinancing>
    <ugp:ResellerFinancing
      contextRef="I20201231"
      decimals="-3"
      id="Tag1847"
      unitRef="BRL">968384000</ugp:ResellerFinancing>
    <ugp:CurrentResellerFinancing
      contextRef="I20211231"
      decimals="-3"
      id="Tag1656"
      unitRef="BRL">582562000</ugp:CurrentResellerFinancing>
    <ugp:CurrentResellerFinancing
      contextRef="I20201231"
      decimals="-3"
      id="Tag2047"
      unitRef="BRL">549129000</ugp:CurrentResellerFinancing>
    <ugp:NonCurrentResellerFinancing
      contextRef="I20211231"
      decimals="-3"
      id="Tag1664"
      unitRef="BRL">415472000</ugp:NonCurrentResellerFinancing>
    <ugp:NonCurrentResellerFinancing
      contextRef="I20201231"
      decimals="-3"
      id="Tag1669"
      unitRef="BRL">419255000</ugp:NonCurrentResellerFinancing>
    <ugp:DisclosureOfBreakdownOfResellerFinancingGrossOfExpectedLossesOnDoubtfulAccountsExplanatoryTextBlock
      contextRef="D20211231_ResellerFinancingIpirangaMember"
      id="Tag2133">
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The breakdown of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;reseller financing&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, gross of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;loss allowance for expected credit losses&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, is as follows:&#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_UX7488B7XC00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 84px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="13" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Past due &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 33px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; less than 30 days &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 31-60 days &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 61-90 days &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 91-180 days &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; more than 180 days &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 17%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,183,312 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 770,008 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 19,260 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 24,290 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 14,373 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 26,685 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 328,696 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,165,395 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 787,904 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 10,230 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 15,237 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 21,200 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 28,989 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 301,835 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
</ugp:DisclosureOfBreakdownOfResellerFinancingGrossOfExpectedLossesOnDoubtfulAccountsExplanatoryTextBlock>
    <ugp:ResellerFinancingGross
      contextRef="I20211231"
      decimals="-3"
      id="Tag1815"
      unitRef="BRL">1183312000</ugp:ResellerFinancingGross>
    <ugp:ResellerFinancingGross
      contextRef="I20211231_CurrentMember"
      decimals="-3"
      id="Tag1824"
      unitRef="BRL">770008000</ugp:ResellerFinancingGross>
    <ugp:ResellerFinancingGross
      contextRef="I20211231_NotLaterThanOneMonthMember"
      decimals="-3"
      id="Tag1825"
      unitRef="BRL">19260000</ugp:ResellerFinancingGross>
    <ugp:ResellerFinancingGross
      contextRef="I20211231_LaterThanOneMonthAndNotLaterThanTwoMonthsMember"
      decimals="-3"
      id="Tag2048"
      unitRef="BRL">24290000</ugp:ResellerFinancingGross>
    <ugp:ResellerFinancingGross
      contextRef="I20211231_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember"
      decimals="-3"
      id="Tag2055"
      unitRef="BRL">14373000</ugp:ResellerFinancingGross>
    <ugp:ResellerFinancingGross
      contextRef="I20211231_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember"
      decimals="-3"
      id="Tag1817"
      unitRef="BRL">26685000</ugp:ResellerFinancingGross>
    <ugp:ResellerFinancingGross
      contextRef="I20211231_LaterThanSixMonthsMember"
      decimals="-3"
      id="Tag2062"
      unitRef="BRL">328696000</ugp:ResellerFinancingGross>
    <ugp:ResellerFinancingGross
      contextRef="I20201231"
      decimals="-3"
      id="Tag1667"
      unitRef="BRL">1165395000</ugp:ResellerFinancingGross>
    <ugp:ResellerFinancingGross
      contextRef="I20201231_CurrentMember"
      decimals="-3"
      id="Tag1814"
      unitRef="BRL">787904000</ugp:ResellerFinancingGross>
    <ugp:ResellerFinancingGross
      contextRef="I20201231_NotLaterThanOneMonthMember"
      decimals="-3"
      id="Tag1677"
      unitRef="BRL">10230000</ugp:ResellerFinancingGross>
    <ugp:ResellerFinancingGross
      contextRef="I20201231_LaterThanOneMonthAndNotLaterThanTwoMonthsMember"
      decimals="-3"
      id="Tag1810"
      unitRef="BRL">15237000</ugp:ResellerFinancingGross>
    <ugp:ResellerFinancingGross
      contextRef="I20201231_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember"
      decimals="-3"
      id="Tag1811"
      unitRef="BRL">21200000</ugp:ResellerFinancingGross>
    <ugp:ResellerFinancingGross
      contextRef="I20201231_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember"
      decimals="-3"
      id="Tag1649"
      unitRef="BRL">28989000</ugp:ResellerFinancingGross>
    <ugp:ResellerFinancingGross
      contextRef="I20201231_LaterThanSixMonthsMember"
      decimals="-3"
      id="Tag1841"
      unitRef="BRL">301835000</ugp:ResellerFinancingGross>
    <ugp:DisclosureOfBreakdownOfAllowanceForExpectedCreditLossesOnDoubtfulAccountsExplanatoryTextBlock
      contextRef="D20211231_ResellerFinancingIpirangaMember"
      id="Tag2125">
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The breakdown of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;loss allowance for expected credit losses&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, is as follows:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_8SIV5NEDDS00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 85px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.9576%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="13" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 57.9385%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Past due &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 34px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 16.9576%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; border-bottom: 1px solid #000000; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; border-bottom: 1px solid #000000; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; border-bottom: 1px solid #000000; width: 10.0582%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; less than 30 days &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; border-bottom: 1px solid #000000; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; border-bottom: 1px solid #000000; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 31-60 days &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; border-bottom: 1px solid #000000; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; border-bottom: 1px solid #000000; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 61-90 days &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; border-bottom: 1px solid #000000; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 91-180 days &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; border-bottom: 1px solid #000000; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; more than 180 days &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.9576%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 185,278 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,514 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0582%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 6,410 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 8,697 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 6,255 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 9,892 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 152,510 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.9576%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 197,011 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 22,872 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0582%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 785 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,812 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,397 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 14,684 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 154,461 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
</ugp:DisclosureOfBreakdownOfAllowanceForExpectedCreditLossesOnDoubtfulAccountsExplanatoryTextBlock>
    <ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets
      contextRef="I20211231_ResellerFinancingIpirangaMember_1"
      decimals="-3"
      id="Tag1676"
      unitRef="BRL">185278000</ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets>
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      contextRef="I20211231_CurrentMember_ResellerFinancingIpirangaMember"
      decimals="-3"
      id="Tag1850"
      unitRef="BRL">1514000</ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets>
    <ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets
      contextRef="I20211231_NotLaterThanOneMonthMember_ResellerFinancingIpirangaMember"
      decimals="-3"
      id="Tag1849"
      unitRef="BRL">6410000</ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets>
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      contextRef="I20211231_LaterThanOneMonthAndNotLaterThanTwoMonthsMember_ResellerFinancingIpirangaMember"
      decimals="-3"
      id="Tag1816"
      unitRef="BRL">8697000</ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets>
    <ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets
      contextRef="I20211231_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember_ResellerFinancingIpirangaMember"
      decimals="-3"
      id="Tag2058"
      unitRef="BRL">6255000</ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets>
    <ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets
      contextRef="I20211231_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember_ResellerFinancingIpirangaMember"
      decimals="-3"
      id="Tag1671"
      unitRef="BRL">9892000</ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets>
    <ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets
      contextRef="I20211231_LaterThanSixMonthsMember_ResellerFinancingIpirangaMember"
      decimals="-3"
      id="Tag2060"
      unitRef="BRL">152510000</ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets>
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      contextRef="I20201231_ResellerFinancingIpirangaMember_1"
      decimals="-3"
      id="Tag1657"
      unitRef="BRL">197011000</ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets>
    <ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets
      contextRef="I20201231_CurrentMember_ResellerFinancingIpirangaMember"
      decimals="-3"
      id="Tag2045"
      unitRef="BRL">22872000</ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets>
    <ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets
      contextRef="I20201231_NotLaterThanOneMonthMember_ResellerFinancingIpirangaMember"
      decimals="-3"
      id="Tag1843"
      unitRef="BRL">785000</ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets>
    <ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets
      contextRef="I20201231_LaterThanOneMonthAndNotLaterThanTwoMonthsMember_ResellerFinancingIpirangaMember"
      decimals="-3"
      id="Tag2053"
      unitRef="BRL">1812000</ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets>
    <ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets
      contextRef="I20201231_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember_ResellerFinancingIpirangaMember"
      decimals="-3"
      id="Tag1845"
      unitRef="BRL">2397000</ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets>
    <ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets
      contextRef="I20201231_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember_ResellerFinancingIpirangaMember"
      decimals="-3"
      id="Tag1662"
      unitRef="BRL">14684000</ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets>
    <ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets
      contextRef="I20201231_LaterThanSixMonthsMember_ResellerFinancingIpirangaMember"
      decimals="-3"
      id="Tag2051"
      unitRef="BRL">154461000</ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets>
    <ifrs-full:DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory
      contextRef="D20211231_ResellerFinancingIpirangaMember"
      id="Tag2127">
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Movements in the allowance for &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;loss allowance for expected credit losses&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; are as follows:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_GMRS6XF76O00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 154px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 82%; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 2%; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 15%; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 156,006 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Additions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 74,745 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Reversals &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (29,791 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Write-offs &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (3,949) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 197,011 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Additions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 65,536 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Reversals &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (68,982 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Write-offs &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (8,287 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 185,278 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
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    <ifrs-full:DisclosureOfInventoriesExplanatory contextRef="D20211231_3" id="Tag1678">
&lt;h1 style="margin: 0pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;7&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;. Inventories&lt;/span&gt;&lt;/span&gt;&lt;/h1&gt;

&lt;p style="margin: 4pt 0 0 0; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The composition of i&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;nventories &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;is&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; as follows:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_DWR35R1SRK00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 246px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="7" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="7" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 33px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Provision for losses &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Net balance &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Provision for losses &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Net balance &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 29%; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-size: 10pt;"&gt; Fuels, lubricants and greases &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,042,932 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (4,871 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,038,061 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,682,841 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (5,344 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,677,497 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Finished goods &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 646,180 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (22,281 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 623,899 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Work in process &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,450 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,450 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Raw materials &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 293,242 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 293,242 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 568,185 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,827 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 566,358 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Liquefied petroleum gas (LPG) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 151,831 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (5,761 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 146,070 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 110,767 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (5,761 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 105,006 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 33px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Consumable materials and other items for resale &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 117,150 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,875 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 115,275 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 129,559 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (2,598 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 126,961 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 33px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Pharmaceutical, hygiene, and beauty products &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 521,689 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (2,611 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 519,078 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Purchase for future delivery &lt;/span&gt;&lt;span style="font-size: 8pt;"&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; vertical-align: super;"&gt;(1)&lt;/span&gt;&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 302,456 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (464 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 301,992 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 198,986 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (464 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 198,522 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Properties for resale &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 24,239 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (107 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 24,132 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 27,532 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (107 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 27,425 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt;"&gt; 3,931,850 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (13,078 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt;"&gt; 3,918,772 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,887,189 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (40,993 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,846,196 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; vertical-align: super;"&gt;(1)&lt;/span&gt;&lt;/sup&gt;&lt;span style="font-family: 'Times New Roman';"&gt; Refers &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;substantially &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;to &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ethanol, biodiesel&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and advances for fuel acquisition.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;Movements in the provision for losses are as follows:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_OU6B19VBYO00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 12.75pt; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 84%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2018 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 15%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 42,587 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0395%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 84%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Reversals to net realizable value adjustment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 15%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (5,174 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.0395%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 84%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-size: 10pt;"&gt; Additions of obsolescence and other losses &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 15%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 4,296 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0395%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 84%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-size: 10pt;"&gt; Oxiteno Andina (i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; width: 15%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (985 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.0395%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 84%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 15%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 40,724 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0395%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 84%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-size: 10pt;"&gt; Additions to net realizable value adjustment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 15%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,245 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.0395%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 84%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-size: 10pt;"&gt; Reversals of obsolescence and other losses &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; width: 15%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,976 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0395%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 84%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 15%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 40,993 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.0395%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 84%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-size: 10pt;"&gt; Additions to net realizable value adjustment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 15%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 5,974 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0395%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 84%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-size: 10pt;"&gt; Reversals of obsolescence and other losses &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 15%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (5,184 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.0395%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 84%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Reclassification to assets held for sale &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 15%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (28,705 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0395%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 13.5pt;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 84%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; width: 15%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 13,078 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.0395%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; vertical-align: super;"&gt;(ii)&lt;/span&gt;&lt;/sup&gt;&lt;span style="font-family: 'Times New Roman';"&gt; Refers to the asset write-offs of Oxiteno Andina in 2019&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;The breakdown of provisions for losses related to inventories is shown in the table below:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_J6KSCFX6O000000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 85%; margin-left: auto; margin-right: auto;" width="85%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 73%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net realizable value adjustment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 8,269 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 17,488 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Obsolescence and other losses &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 4,809 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 23,505 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 13,078 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 40,993 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;

</ifrs-full:DisclosureOfInventoriesExplanatory>
    <ugp:DisclosureOfInventoriesCompositionExplanatory contextRef="D20211231_3" id="Tag1595">
&lt;p style="margin: 4pt 0 0 0; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The composition of i&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;nventories &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;is&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; as follows:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_DWR35R1SRK00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 246px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="7" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="7" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 33px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Provision for losses &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Net balance &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Provision for losses &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Net balance &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 29%; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-size: 10pt;"&gt; Fuels, lubricants and greases &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,042,932 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (4,871 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,038,061 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,682,841 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (5,344 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,677,497 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Finished goods &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 646,180 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (22,281 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 623,899 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Work in process &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,450 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,450 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Raw materials &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 293,242 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 293,242 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 568,185 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,827 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 566,358 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Liquefied petroleum gas (LPG) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 151,831 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (5,761 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 146,070 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 110,767 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (5,761 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 105,006 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 33px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Consumable materials and other items for resale &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 117,150 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,875 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 115,275 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 129,559 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (2,598 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 126,961 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 33px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Pharmaceutical, hygiene, and beauty products &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 521,689 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (2,611 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 519,078 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 33px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Purchase for future delivery &lt;/span&gt;&lt;span style="font-size: 8pt;"&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; vertical-align: super;"&gt;(1)&lt;/span&gt;&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 302,456 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (464 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 301,992 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 198,986 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (464 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
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&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Properties for resale &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (107 &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 24,132 &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 27,532 &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (107 &lt;/span&gt;&lt;/p&gt;
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&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;"&gt;
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&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;"&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt;"&gt; 3,918,772 &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,887,189 &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (40,993 &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,846,196 &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
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&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; vertical-align: super;"&gt;(1)&lt;/span&gt;&lt;/sup&gt;&lt;span style="font-family: 'Times New Roman';"&gt; Refers &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;substantially &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;to &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ethanol, biodiesel&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and advances for fuel acquisition.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
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      decimals="-3"
      id="Tag7298"
      unitRef="BRL">3887189000</ugp:InventoriesCost>
    <ugp:ProvisionForLossesInventories
      contextRef="I20201231"
      decimals="-3"
      id="Tag1473"
      unitRef="BRL">40993000</ugp:ProvisionForLossesInventories>
    <ifrs-full:Inventories
      contextRef="I20201231"
      decimals="-3"
      id="Tag1425"
      unitRef="BRL">3846196000</ifrs-full:Inventories>
    <ugp:DisclosureOfProvisionForLossesExplanatory contextRef="D20211231_3" id="Tag1592">
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;Movements in the provision for losses are as follows:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_OU6B19VBYO00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 12.75pt; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 84%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2018 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 15%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 42,587 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0395%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 84%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Reversals to net realizable value adjustment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 15%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (5,174 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.0395%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 84%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-size: 10pt;"&gt; Additions of obsolescence and other losses &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 15%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 4,296 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0395%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 84%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-size: 10pt;"&gt; Oxiteno Andina (i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; width: 15%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (985 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.0395%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 84%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 15%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 40,724 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0395%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 84%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-size: 10pt;"&gt; Additions to net realizable value adjustment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 15%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,245 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.0395%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 84%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-size: 10pt;"&gt; Reversals of obsolescence and other losses &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; width: 15%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,976 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0395%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 84%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 15%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 40,993 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.0395%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 84%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-size: 10pt;"&gt; Additions to net realizable value adjustment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 15%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 5,974 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0395%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 84%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-size: 10pt;"&gt; Reversals of obsolescence and other losses &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 15%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (5,184 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.0395%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 84%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Reclassification to assets held for sale &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 15%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (28,705 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0395%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 13.5pt;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 84%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; width: 15%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 13,078 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.0395%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; vertical-align: super;"&gt;(ii)&lt;/span&gt;&lt;/sup&gt;&lt;span style="font-family: 'Times New Roman';"&gt; Refers to the asset write-offs of Oxiteno Andina in 2019&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
</ugp:DisclosureOfProvisionForLossesExplanatory>
    <ugp:ProvisionForLossesInventories
      contextRef="I20181231"
      decimals="-3"
      id="Tag1489"
      unitRef="BRL">42587000</ugp:ProvisionForLossesInventories>
    <ugp:DecreaseThroughReversalsToNetRealizableValueAdjustmentProvisionsForLossesInventories
      contextRef="D20191231"
      decimals="-3"
      id="Tag1455"
      unitRef="BRL">5174000</ugp:DecreaseThroughReversalsToNetRealizableValueAdjustmentProvisionsForLossesInventories>
    <ugp:AdditionsToObsolescenceAndOtherLosses
      contextRef="D20191231"
      decimals="-3"
      id="Tag236"
      unitRef="BRL">4296000</ugp:AdditionsToObsolescenceAndOtherLosses>
    <ifrs-full:WritedownsReversalsOfInventories
      contextRef="D20191231"
      decimals="-3"
      id="Tag1424"
      unitRef="BRL">985000</ifrs-full:WritedownsReversalsOfInventories>
    <ugp:ProvisionForLossesInventories
      contextRef="I20191231"
      decimals="-3"
      id="Tag1443"
      unitRef="BRL">40724000</ugp:ProvisionForLossesInventories>
    <ugp:AdditionsToNetRealizableValueAdjustment
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag1458"
      unitRef="BRL">2245000</ugp:AdditionsToNetRealizableValueAdjustment>
    <ugp:ReversalsOfObsolescenceAndOtherLosses
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag1480"
      unitRef="BRL">1976000</ugp:ReversalsOfObsolescenceAndOtherLosses>
    <ugp:ProvisionForLossesInventories
      contextRef="I20201231"
      decimals="-3"
      id="Tag1417"
      unitRef="BRL">40993000</ugp:ProvisionForLossesInventories>
    <ugp:AdditionsToNetRealizableValueAdjustment
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag1432"
      unitRef="BRL">5974000</ugp:AdditionsToNetRealizableValueAdjustment>
    <ugp:ReversalsOfObsolescenceAndOtherLosses
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag1460"
      unitRef="BRL">5184000</ugp:ReversalsOfObsolescenceAndOtherLosses>
    <ugp:DecreaseThroughClassifiedAsHeldForSaleProvisionForLossesInventories
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag1434"
      unitRef="BRL">28705000</ugp:DecreaseThroughClassifiedAsHeldForSaleProvisionForLossesInventories>
    <ugp:ProvisionForLossesInventories
      contextRef="I20211231"
      decimals="-3"
      id="Tag1438"
      unitRef="BRL">13078000</ugp:ProvisionForLossesInventories>
    <ugp:DisclosureOfInventoriesProvisionForLossesExplanatory contextRef="D20211231_3" id="Tag1594">
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;The breakdown of provisions for losses related to inventories is shown in the table below:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_J6KSCFX6O000000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 85%; margin-left: auto; margin-right: auto;" width="85%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 73%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net realizable value adjustment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 8,269 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 17,488 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Obsolescence and other losses &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 4,809 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 23,505 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 13,078 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 40,993 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
</ugp:DisclosureOfInventoriesProvisionForLossesExplanatory>
    <ugp:NetRealizableValueAdjustment
      contextRef="I20211231"
      decimals="-3"
      id="Tag1422"
      unitRef="BRL">8269000</ugp:NetRealizableValueAdjustment>
    <ugp:NetRealizableValueAdjustment
      contextRef="I20201231"
      decimals="-3"
      id="Tag1428"
      unitRef="BRL">17488000</ugp:NetRealizableValueAdjustment>
    <ugp:ObsolescenceAndOtherLosses
      contextRef="I20211231"
      decimals="-3"
      id="Tag1486"
      unitRef="BRL">4809000</ugp:ObsolescenceAndOtherLosses>
    <ugp:ObsolescenceAndOtherLosses
      contextRef="I20201231"
      decimals="-3"
      id="Tag1446"
      unitRef="BRL">23505000</ugp:ObsolescenceAndOtherLosses>
    <ugp:ProvisionForLossesInventories
      contextRef="I20211231"
      decimals="-3"
      id="Tag1436"
      unitRef="BRL">13078000</ugp:ProvisionForLossesInventories>
    <ugp:ProvisionForLossesInventories
      contextRef="I20201231"
      decimals="-3"
      id="Tag1449"
      unitRef="BRL">40993000</ugp:ProvisionForLossesInventories>
    <ugp:DisclosureOfTaxesToRecoverExplanatory contextRef="D20211231_3" id="Tag4129">
&lt;p style="margin: 0pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&lt;span style="font-weight: bold;"&gt;8&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;. Taxes&lt;/span&gt;&lt;span style="font-weight: bold;"&gt; to &lt;/span&gt;&lt;span style="font-weight: bold;"&gt;r&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;ecover&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin-top: 0pt; margin-left: 14.2pt; margin-bottom: 0pt; text-indent: -14.2pt; text-align: justify; font-size: 11pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;a. Recoverable &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;t&lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;axes&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;Recoverable taxes are substantially represented by credits of Tax on Goods and Services (&#x201c;ICMS&#x201d;, the Brazilian VAT), Contribution for Social Security Financing (&#x201c;COFINS&#x201d;) and Social Integration Program (&#x201c;PIS&#x201d;).&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_170CBEDMNK00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 129px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 73%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; ICMS (a.1) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 893,206 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,129,325 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; PIS and COFINS (a.2) (a.3) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,177,513 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,297,029 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Value-added tax (IVA) of foreign subsidiaries &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 179 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 35,600 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Others &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 37,127 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 57,704 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,108,025 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,519,658 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,061,227 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,044,850 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Non-current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,046,798 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,474,808 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&lt;span style="font-weight: bold;"&gt;a.1&lt;/span&gt; The recoverable ICMS net of provision for losses is substantially related to the following subsidiaries and operations:&lt;/span&gt;&lt;/p&gt;
&lt;p style="text-align: justify; margin-left: 35px; margin-top: 10pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;(i) The subsidiaries Oxiteno S.A., Empresa Carioca de Produtos Qu&#xed;micos S.A. (&#x201c;EMCA&#x201d;) and Oleoqu&#xed;mica Ind&#xfa;stria e Com&#xe9;rcio de Produtos Qu&#xed;micos Ltda. (&#x201c;Oleoqu&#xed;mica&#x201d;) accumulate credits in the amount of R$ R$ 195,037 as of December 31, 2020 due to sales and transfer transactions within and outside the State of Bahia at reduced rates.&lt;/span&gt;&lt;/p&gt;
&lt;p style="text-align: justify; margin-left: 35px; margin-top: 10pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;(ii) The subsidiaries IPP, Bahiana Distribuidora de G&#xe1;s Ltda. (&#x201c;Bahiana&#x201d;), Cia. Ultragaz, AMPM and Iconic Lubrificantes S.A. (&#x201c;Iconic&#x201d;) have credits in the amount of R$ 893,206 (R$ 754,882 as of December 31, 2020) recognized, mainly, of the following nature: a) transactions of inputs and outputs of products subject to taxation of the own ICMS; b) interstate outflows of oil-related products, whose ICMS was prepaid by the supplier (Petr&#xf3;leo Brasileiro S.A. (&#x201c;Petrobras&#x201d;)), in the case of the subsidiaries IPP, Bahiana and Cia. Ultragaz and c) credits for refunds of the ICMS-ST (tax substitution) overpaid when the estimated calculation base is used higher than the actual operation practiced by the subsidiary IPP.&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="text-align: justify; margin-left: 35px; margin-top: 10pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&lt;span&gt;(iii)&#160;&lt;/span&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;As of December 31, 2021, the amount of R$ 19,015, net of provision for impairment of assets, was reclassified to assets held for sale.&#160;&lt;/span&gt;The subsidiary Extrafarma had ICMS credits and ICMS-ST (tax substitution) advances in the amount of R$ R$ 179,405 as of December 31, 2020, on the inflow and outflow of operations carried out by its distribution centers, mostly in the North and Northeast, as well as refunds of the ICMS-ST portion overpaid when the estimated calculation base is used higher than the actual operation. &lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify; margin-top: 10pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;The amounts of recoverable ICMS are realized by the taxed operations itself, being a revolving credit, which means that the credits are monthly offset with the tax payable on sales and new credits are generated by the acquisition of inputs, as well as by the State's refund on tax substitution operations. Management estimates the realization of the credits classified in non-current assets within an average term of up to 5 years.&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; text-indent: -14.2pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;The provision for ICMS losses, in the amount of R$ 48,502 (R$ 52,338 as of December 31, 2020), relates to tax credits of the subsidiaries.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin-top: 0pt; margin-left: 14.2pt; margin-bottom: 0pt; text-indent: -14.2pt; text-align: justify; font-size: 11pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&lt;span style="font-weight: bold;"&gt;a.2&lt;/span&gt; The recoverable PIS and COFINS is substantially related to:&lt;/span&gt;&lt;/p&gt;
&lt;p style="text-align: justify; margin-left: 35px; margin-top: 10pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;(i) The balance of PIS and COFINS includes credits recorded under Laws 10,637/2002 and 10,833/2003 in the amount of R$ 607,373 (R$ 651,051 as of December 31, 2020), whose realization will occur through the offset of debts administered by the Brazilian Federal Revenue Service (&#x201c;RFB&#x201d;) in an estimated term of up to 2&#160;&lt;span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;years&#160;&lt;/span&gt;by management. As of December 31, 2021, the amount of R$ 93,108 was reclassified to assets held for sale, as per Note 3.a. &lt;/span&gt;&lt;/p&gt;
&lt;p style="text-align: justify; margin-left: 35px; margin-top: 10pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;(ii) The subsidiaries IPP, Tropical Transportes Ipiranga Ltda (&#x201c;Tropical&#x201d;), AMPM, Iconic and Ultragaz have credits in the amount of R$ 570,140 (R$ 645,978 as of December 31, 2020) resulting from a favorable decision on the exclusion of ICMS from the calculation basis of PIS and COFINS (see item a.3 below). The management estimates the realization of these credits within up to 3 years. As of December 31, 2021, the amount of R$ 275,813 was reclassified to assets held for sale, as per Note 3.c.1.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify; margin-top: 10pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;The credit balance of PIS and COFINS is realized through the settlement of own debts in subsequent months or with other debts managed by the Receita Federal and social security for cases that the law allows.&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="font-weight: bold;"&gt;a.3&lt;/span&gt; On March 15, 2017, due to general repercussions, the STF decided that ICMS does not compose the basis for calculating PIS and COFINS. After filing the Union's Embargoes for Clarification, the STF definitively ruled about the thesis on May 13, 2021, reaffirming the exclusion of the highlighted ICMS from the PIS and COFINS calculation basis and modulating the effects of the decision for the lawsuits filed after March 15, 2017. Certain subsidiaries have credits originated from favorable decisions on the exclusion of ICMS from the PIS and COFINS calculation base, having been recorded in results, up to the present year of 2021, the amount of R$ 569,212, of which R$ 279,598 of principal and R$ 289,614 of monetary variation (R$ 154,225, of which R$&#160;&lt;/span&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;66,415 of principal and R$ 87,810 of monetary variation recognized in profit or loss up to 2020 &#x2013; re-presented).&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;"&gt;b. Recoverable income tax and social contribution taxes&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;Relates to IRPJ and CSLL to be recovered by the Company and its subsidiaries, arising from the tax advances of previous years, as well as referring to lawsuits the non-incidence of IRPJ and CSLL on the monetary variation (SELIC) in the repetition of undue payments (see note 10.e), with management estimating the realization of these credits within up to 5&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&lt;span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;years.&lt;/span&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&lt;br/&gt;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_XIQ4X4I17400000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 47px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.869%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0582%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.0395%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.0395%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9543%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.0395%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 72.869%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; IRPJ and CSLL &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12.0582%; border-bottom: 1pt solid #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 447,191 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.0395%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.0395%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9543%; border-bottom: 1pt solid #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 627,285 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.0395%; border-bottom: 1pt solid #000000; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 72.869%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12.0582%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 291,833 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.0395%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.0395%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9543%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 366,080 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.0395%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 72.869%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Non-current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12.0582%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 155,358 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.0395%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.0395%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 11.9543%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 261,205 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.0395%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;

</ugp:DisclosureOfTaxesToRecoverExplanatory>
    <ugp:SummaryOfRecoverableTaxesTableTextBlock contextRef="D20211231_3" id="Tag4127">
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;Recoverable taxes are substantially represented by credits of Tax on Goods and Services (&#x201c;ICMS&#x201d;, the Brazilian VAT), Contribution for Social Security Financing (&#x201c;COFINS&#x201d;) and Social Integration Program (&#x201c;PIS&#x201d;).&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_170CBEDMNK00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 129px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 73%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; ICMS (a.1) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 893,206 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,129,325 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; PIS and COFINS (a.2) (a.3) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,177,513 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,297,029 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Value-added tax (IVA) of foreign subsidiaries &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 179 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 35,600 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Others &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 37,127 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 57,704 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,108,025 &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,519,658 &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Current &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,061,227 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,044,850 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Non-current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,046,798 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,474,808 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
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&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;Relates to IRPJ and CSLL to be recovered by the Company and its subsidiaries, arising from the tax advances of previous years, as well as referring to lawsuits the non-incidence of IRPJ and CSLL on the monetary variation (SELIC) in the repetition of undue payments (see note 10.e), with management estimating the realization of these credits within up to 5&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&lt;span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;years.&lt;/span&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&lt;br/&gt;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_XIQ4X4I17400000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 47px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.869%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0582%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.0395%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.0395%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9543%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.0395%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 72.869%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; IRPJ and CSLL &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12.0582%; border-bottom: 1pt solid #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 447,191 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.0395%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.0395%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9543%; border-bottom: 1pt solid #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 627,285 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.0395%; border-bottom: 1pt solid #000000; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 72.869%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12.0582%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 291,833 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.0395%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.0395%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9543%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 366,080 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.0395%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 72.869%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Non-current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12.0582%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 155,358 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.0395%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.0395%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 11.9543%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 261,205 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.0395%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
</ugp:DisclosureOfRecoverableIncomeTaxAndSocialContributionTaxesExplanatory>
    <ugp:RealizationOfTaxCreditPeriod
      contextRef="D20211231_IrpjAndCsll1Member_TopOfRangeMember"
      id="Tag1666">P5Y</ugp:RealizationOfTaxCreditPeriod>
    <ifrs-full:CurrentTaxAssets
      contextRef="I20211231_IrpjandcsllMember"
      decimals="-3"
      id="Tag4082"
      unitRef="BRL">447191000</ifrs-full:CurrentTaxAssets>
    <ifrs-full:CurrentTaxAssets
      contextRef="I20201231_IrpjandcsllMember"
      decimals="-3"
      id="Tag6383"
      unitRef="BRL">627285000</ifrs-full:CurrentTaxAssets>
    <ifrs-full:CurrentTaxAssetsCurrent
      contextRef="I20211231_IrpjandcsllMember"
      decimals="-3"
      id="Tag3732"
      unitRef="BRL">291833000</ifrs-full:CurrentTaxAssetsCurrent>
    <ifrs-full:CurrentTaxAssetsCurrent
      contextRef="I20201231_IrpjandcsllMember"
      decimals="-3"
      id="Tag4059"
      unitRef="BRL">366080000</ifrs-full:CurrentTaxAssetsCurrent>
    <ifrs-full:CurrentTaxAssetsNoncurrent
      contextRef="I20211231_IrpjandcsllMember"
      decimals="-3"
      id="Tag4057"
      unitRef="BRL">155358000</ifrs-full:CurrentTaxAssetsNoncurrent>
    <ifrs-full:CurrentTaxAssetsNoncurrent
      contextRef="I20201231_IrpjandcsllMember"
      decimals="-3"
      id="Tag4060"
      unitRef="BRL">261205000</ifrs-full:CurrentTaxAssetsNoncurrent>
    <ifrs-full:DisclosureOfRelatedPartyExplanatory contextRef="D20211231_3" id="Tag6197">
&lt;div style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; text-indent: 0pt;"&gt;
&lt;p style="margin: 0pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&lt;span style="font-weight: bold;"&gt;&lt;span style="border-right: none; border-left: none;"&gt;9&lt;/span&gt;&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;. Related &lt;/span&gt;&lt;span style="font-weight: bold;"&gt;p&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;arties&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &lt;/span&gt;&lt;br/&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;"&gt;a. Related parties&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &lt;/span&gt;&lt;br/&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;Balances and transactions between the Company and its subsidiaries have been eliminated in consolidation and are not disclosed in this note. The balances and transactions between the Company and its subsidiaries with other related parties are disclosed below:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &lt;/span&gt;&lt;br/&gt;&lt;/p&gt;
&lt;div style="border-left: none; border-right: none;"&gt;

&lt;div&gt;
&lt;div style="border-left: none; border-right: none;"&gt;
&lt;div id="t_ft_0RO1NZ8JQO00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 64px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.4638%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="4" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 26.294%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Loans &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.0352%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.4638%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9048%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.0352%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.44928%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9048%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Liabilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; width: 1.0352%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 72.4638%; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;Qu&#xed;mica da Bahia Ind&#xfa;stria e Com&#xe9;rcio S.A.&#160;&lt;span style="font-size: 8pt;"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 11.9048%; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.0352%; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.44928%; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 11.9048%; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,875 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.0352%; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 72.4638%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;Others&#160;&lt;span style="font-size: 8pt;"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9048%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 490 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.0352%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.44928%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9048%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 659 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.0352%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 72.4638%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total as of December 31, 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 11.9048%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 490 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.0352%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.44928%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 11.9048%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,534 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 1.0352%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;p style="font-size: 11pt; line-height: 115%; margin: 2pt 0pt 10pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt; &lt;/span&gt;&lt;br/&gt;&lt;/p&gt;
&lt;div id="t_ft_DPJIPRJABK00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 72.4532%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="4" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 26.4034%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Loans &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.0395%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 72.4532%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 11.9543%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.0395%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.4553%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 11.9543%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Liabilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; width: 1.0395%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 72.4532%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;Qu&#xed;mica da Bahia Ind&#xfa;stria e Com&#xe9;rcio S.A. &lt;span style="font-size: 8pt;"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/span&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.9543%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0395%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4553%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.9543%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,875 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0395%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 72.4532%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;Routeasy Servi&#xe7;os de Assessoria Log&#xed;stica Ltda.&lt;span style="font-size: 8pt;"&gt;&lt;sup&gt;(2)&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 11.9543%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,334 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.0395%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.4553%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 11.9543%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.0395%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 72.4532%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;Others &lt;span style="font-size: 8pt;"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.9543%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 490 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0395%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4553%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.9543%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 836 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0395%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 72.4532%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total as of December 31, 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9543%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,824 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.0395%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.4553%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9543%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,711 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 1.0395%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt; &lt;/span&gt;&lt;br/&gt;&lt;/p&gt;
&lt;div id="t_ft_D92OMHVSJK00000000000000000000b"&gt;
&lt;table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;"&gt;
&lt;tbody&gt;
&lt;tr&gt;
&lt;td style="width: 1%; vertical-align: top;" valign="top"&gt;&lt;sup&gt;&lt;sup&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; vertical-align: super;"&gt;(1)&lt;/span&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/td&gt;
&lt;td style="width: 99%; vertical-align: top;" valign="top"&gt;
&lt;div style="border-right: none; border-left: none;"&gt;&lt;span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;Loans contracted have indefinite terms and do not contain remuneration clauses.&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td style="vertical-align: top;" valign="top"&gt;&lt;sup&gt;&lt;span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(2)&lt;/span&gt;&lt;/sup&gt;&lt;/td&gt;
&lt;td style="vertical-align: top;" valign="top"&gt;
&lt;div style="border-right: none; border-left: none;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"&gt;The loan contracted ha&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"&gt;s&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"&gt; a term of 36 months&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"&gt;,&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"&gt; can be extended by mutual agreement between the parties&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"&gt;,&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"&gt; being remunerated by the DI plus 3% p.a.&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;

&lt;/div&gt;
&lt;div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt; &lt;/span&gt;&lt;br/&gt;&lt;/p&gt;
&lt;div id="t_ft_MKV3FX7XWW00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: 5.3px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 208px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 44.8684%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: impact, chicago; font-size: 9pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="10" style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; width: 53.7608%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Commercial transactions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 44.8684%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9737%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Receivables &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.921053%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.05263%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9737%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Payables &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.921053%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.921053%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12.14%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Sales and services &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.831255%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.921053%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12.1053%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Purchases &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 44.8684%; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Refinaria de Petr&#xf3;leo Riograndense S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 11.9737%; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.921053%; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.05263%; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 11.9737%; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 90,761 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.921053%; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.921053%; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 12.14%; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.831255%; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.921053%; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 12.1053%; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 619,785 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.31579%; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 44.8684%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Uni&#xe3;o Vopak Armaz&#xe9;ns Gerais Ltda. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9737%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 57 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.05263%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9737%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.14%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,402 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.831255%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.1053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 44.8684%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Chevron (Thailand) Limited &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9737%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 204 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.05263%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9737%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.14%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 675 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.831255%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.1053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,072 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 44.8684%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Chevron Lubricants Lanka PLC &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9737%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.05263%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9737%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.14%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 164 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.831255%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.1053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 44.8684%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Chevron Lubricants Oils S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9737%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 319 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.05263%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9737%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.14%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 786 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.831255%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.1053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 44.8684%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Chevron Marine Products &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9737%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,663 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.05263%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9737%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.14%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 24,583 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.831255%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.1053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 44.8684%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Chevron Oronite Brasil LTDA. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9737%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.05263%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9737%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 53,378 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.14%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 78 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.831255%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.1053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 150,878 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 44.8684%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Chevron Products Company &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9737%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.05263%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9737%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 158,557 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.14%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.831255%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.1053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 789,452 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 44.8684%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Chevron Belgium NV &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9737%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.05263%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9737%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 821 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.14%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.831255%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.1053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 7,520 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 44.8684%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Chevron Petroleum CO Colombia&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9737%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 214 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.05263%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9737%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.14%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 392 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.831255%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.1053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 44.8684%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total as of December 31, 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; background-color: #cceeff; width: 11.9737%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 4,457 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.921053%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.05263%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; background-color: #cceeff; width: 11.9737%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 303,517 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.921053%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.921053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; background-color: #cceeff; width: 12.14%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 28,080 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.831255%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.921053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; background-color: #cceeff; width: 12.1053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,568,707 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; background-color: #cceeff; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;

&lt;p style="text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;div id="t_ft_NUXZGNA5TS00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 282px; border-collapse: collapse; margin-left: 5.3px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 24.2105%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="19" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 75.4633%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Commercial transactions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 1.18421%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 24.2105%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 10%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Receivables &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 7.36842%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&lt;span style="font-weight: bold;"&gt;Right-of-use &lt;/span&gt;&lt;span style="font-weight: bold;"&gt;assets &lt;span style="font-size: 8pt;"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.66208%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 8.02632%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Payables &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&lt;span style="font-weight: bold;"&gt;Leases &lt;/span&gt;&lt;span style="font-weight: bold;"&gt;payable &lt;span style="font-size: 8pt;"&gt;&lt;sup&gt;&lt;span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(1)&lt;/span&gt;&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Sales and services &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 8.68421%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Purchases &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 8.15789%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Expenses &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.18421%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 24.2105%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Oxicap Ind&#xfa;stria de Gases Ltda. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.36842%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.66208%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.02632%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,772 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 471 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.68421%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 19,077 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.15789%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.18421%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 24.2105%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Refinaria de Petr&#xf3;leo Riograndense S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.36842%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.66208%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.02632%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 65,215 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.68421%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 314,587 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.15789%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.18421%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 24.2105%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; ConectCar Solu&#xe7;&#xf5;es de Mobilidade Eletr&#xf4;nica S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 151 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.36842%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.66208%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.02632%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 104 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,062 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.68421%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 154 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.15789%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.18421%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 24.2105%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; LA&#x2019;7 Participa&#xe7;&#xf5;es e Empreend. Imob. Ltda. (a) &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.36842%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 8,635 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.66208%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.02632%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 8,044 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.68421%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.15789%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,613 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.18421%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 24.2105%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Chevron (Thailand) Limited &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 166 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.36842%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.66208%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.02632%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 6 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.68421%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 759 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.15789%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.18421%;"&gt;&lt;br/&gt;&lt;/td&gt;
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&lt;tr style="height: 17px;"&gt;
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&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Chevron Brasil Oleos Basicos LTDA &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.36842%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.66208%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.02632%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 6 &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
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&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
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&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.15789%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 24.2105%;"&gt;
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&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 118 &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
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&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
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&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
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&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
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&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
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&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
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&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
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&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
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&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Chevron Lubricants Lanka PLC &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
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&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
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&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
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&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
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&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
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&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
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&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
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&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
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&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
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&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
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&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Chevron Marine Products &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.36842%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.66208%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.02632%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.68421%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.15789%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.18421%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 24.2105%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Chevron Oronite Brasil LTDA. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.36842%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.66208%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.02632%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 37,482 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.68421%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 108,198 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.15789%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.18421%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 24.2105%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Chevron Products Company &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.36842%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.66208%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.02632%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 87,754 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.68421%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 247,578 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.15789%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.18421%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 24.2105%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Chevron Belgium NV &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.36842%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.66208%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.02632%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 785 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.68421%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 6,707 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.15789%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.18421%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 24.2105%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Chevron Petroleum CO Colombia &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.36842%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.66208%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.02632%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.68421%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.15789%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.18421%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 24.2105%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total as of December 31, 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; border-top: 1pt solid #000000; width: 10%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,135 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 7.36842%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 8,635 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.66208%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 8.02632%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 193,124 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 8,044 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,533 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 8.68421%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 697,060 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 8.15789%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,613 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 1.18421%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;

&lt;p style="margin: 0in 0in 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; background-color: #ffffff; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', 'serif';"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;div id="t_ft_7B2T9ST2JK00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 286px; border-collapse: collapse; margin-left: 5.3px; font-family: 'times new roman'; font-size: 10pt; width: 100%; float: left;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 23.8935%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="15" style="vertical-align: bottom; padding: 0px; border-bottom: 1pt solid #000000; height: 17px; width: 76.7819%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Commercial transactions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; border-bottom: 1pt solid #000000; height: 17px; width: 1.45985%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 14px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 14px; width: 23.8935%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 14px; width: 12.3653%;"&gt;&lt;span style="font-weight: bold; font-size: 8pt;"&gt;Receivables &lt;sup&gt;(1)&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 14px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 10.2987%; height: 14px;"&gt;&lt;span style="font-weight: bold; font-size: 8pt;"&gt;Payables &lt;sup&gt;(1)&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.887156%; height: 14px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.81523%; height: 14px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 8.6191%; height: 14px;"&gt;&lt;span style="font-weight: bold; font-size: 8pt;"&gt;Other payables&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 14px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.84292%; height: 14px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 14px; width: 10.4812%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Sales and services &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 14px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 14px; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 14px; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Purchases &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 14px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 14px; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 14px; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Expenses &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 14px; width: 1.45985%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 23.8935%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Oxicap Ind&#xfa;stria de Gases Ltda. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12.3653%; height: 17px; text-align: right;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10.2987%; height: 17px; text-align: right;"&gt;1,545&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.887156%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.81523%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.6191%; height: 17px; text-align: right;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.84292%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.4812%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 18,565 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.45985%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 23.8935%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Refinaria de Petr&#xf3;leo Riograndense S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.3653%; text-align: right;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 10.2987%; height: 17px; text-align: right;"&gt;264,602&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.887156%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.81523%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 8.6191%; height: 17px; text-align: right;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.84292%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.4812%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,019,108 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45985%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 23.8935%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; ConectCar Solu&#xe7;&#xf5;es de Mobilidade Eletr&#xf4;nica S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12.3653%; text-align: right;"&gt;739&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10.2987%; height: 17px; text-align: right;"&gt;113&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.887156%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.81523%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.6191%; height: 17px; text-align: right;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.84292%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.4812%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 7,385 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 121 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.45985%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 23.8935%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; LA&#x2019;7 Participa&#xe7;&#xf5;es e Empreend. Imob. Ltda. (a) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.3653%; text-align: right;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 10.2987%; height: 17px; text-align: right;"&gt;124&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.887156%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.81523%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 8.6191%; height: 17px; text-align: right;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.84292%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.4812%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,477 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45985%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 23.8935%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Chevron (Thailand) Limited &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12.3653%; text-align: right;"&gt;1,333&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10.2987%; height: 17px; text-align: right;"&gt;5,177&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.887156%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.81523%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.6191%; height: 17px; text-align: right;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.84292%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.4812%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 90,912 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.45985%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 23.8935%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Chevron Brasil Oleos Basicos LTDA &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.3653%; text-align: right;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 10.2987%; height: 17px; text-align: right;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.887156%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.81523%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 8.6191%; height: 17px; text-align: right;"&gt;6&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.84292%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.4812%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 6,336 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45985%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 23.8935%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Chevron Latin America Marketing LLC &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12.3653%; text-align: right;"&gt;86&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10.2987%; height: 17px; text-align: right;"&gt;6&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.887156%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.81523%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.6191%; height: 17px; text-align: right;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.84292%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.4812%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 13 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 506 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.45985%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 23.8935%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Chevron Lubricants Lanka PLC &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.3653%; text-align: right;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 10.2987%; height: 17px; text-align: right;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.887156%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.81523%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 8.6191%; height: 17px; text-align: right;"&gt;285&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.84292%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.4812%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45985%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 23.8935%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Chevron Lubricants Oils S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12.3653%; text-align: right;"&gt;58&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10.2987%; height: 17px; text-align: right;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.887156%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.81523%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.6191%; height: 17px; text-align: right;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.84292%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.4812%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 42 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.45985%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 23.8935%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Chevron Marine Products &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.3653%; text-align: right;"&gt;506&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 10.2987%; height: 17px; text-align: right;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.887156%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.81523%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 8.6191%; height: 17px; text-align: right;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.84292%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.4812%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 104 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45985%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 23.8935%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Chevron Oronite Brasil LTDA. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12.3653%; text-align: right;"&gt;1,193&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10.2987%; height: 17px; text-align: right;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.887156%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.81523%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.6191%; height: 17px; text-align: right;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.84292%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.4812%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 345 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.45985%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 23.8935%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Chevron Products Company &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.3653%; text-align: right;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 10.2987%; height: 17px; text-align: right;"&gt;16,302&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.887156%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.81523%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 8.6191%; height: 17px; text-align: right;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.84292%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.4812%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 212,915 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45985%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 23.8935%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Chevron Belgium NV &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12.3653%; text-align: right;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10.2987%; height: 17px; text-align: right;"&gt;2,119&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.887156%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.81523%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.6191%; height: 17px; text-align: right;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.84292%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.4812%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 15,019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.45985%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 23.8935%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Chevron Petroleum CO Colombia &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.3653%; text-align: right;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 10.2987%; height: 17px; text-align: right;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.887156%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.81523%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 8.6191%; height: 17px; text-align: right;"&gt;7&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.84292%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.4812%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 30 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45985%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 23.8935%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total as of December 31, 2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12.3653%; border-bottom: 2.8pt double #000000; border-top: 1pt solid #000000; text-align: right;"&gt;3,915&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10.2987%; height: 17px; border-bottom: 2.8pt double #000000; border-top: 1pt solid #000000; text-align: right;"&gt;289,988&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.887156%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.81523%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.6191%; height: 17px; border-bottom: 2.8pt double #000000; border-top: 1pt solid #000000; text-align: right;"&gt;298&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.84292%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 10.4812%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 7,920 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,363,482 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,477 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 17px; width: 1.45985%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt; &lt;/span&gt;&lt;br/&gt;&lt;/p&gt;
&lt;div style="border-left: none; border-right: none;"&gt;
&lt;div id="t_ft_WHFLKDPOLC00000000000000000000b"&gt;
&lt;table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;"&gt;
&lt;tbody&gt;
&lt;tr&gt;
&lt;td style="width: 1%; vertical-align: top;" valign="top"&gt;&lt;sup&gt;&lt;span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(1)&lt;/span&gt;&lt;/sup&gt;&lt;/td&gt;
&lt;td style="width: 99%; padding: 0px 0px 15px;"&gt;
&lt;div style="border-right: none; border-left: none;"&gt;&lt;span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;Included in &#x201c;right-of-use assets&#x201d; and &#x201c;leases payable&#x201d;, respectively.&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;div style="border-left: none; border-right: none;"&gt;
&lt;div id="t_ft_0SV441QBXC00000000000000000000b"&gt;
&lt;table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;"&gt;
&lt;tbody&gt;
&lt;tr&gt;
&lt;td style="width: 1%; vertical-align: top;" valign="top"&gt;&lt;sup&gt;&lt;span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(a)&lt;/span&gt;&lt;/sup&gt;&lt;/td&gt;
&lt;td style="width: 99%; padding: 0px 0px 10px;"&gt;
&lt;div style="border-right: none; border-left: none;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;Refers to rental contracts of 15 drugstores owned by LA&#x2019;7 as of December 31, 2020, a company of the former shareholders of &lt;/span&gt;Extrafarma&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt; that are current shareholders of &lt;/span&gt;Ultrapar&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;

&lt;/div&gt;
&lt;/div&gt;
&lt;div style="font-family: 'times new roman', times; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;Purchase and sale transactions relate substantially to the purchase of raw materials, feedstock, transportation, and storage services based on similar market prices and terms with customers and suppliers with comparable operational performance. The operations of ConectCar refer to services provided. In the opinion of the Company and its subsidiaries&#x2019; management, transactions with related parties are not subject to credit risk, therefore, no provision for expected losses on accounts receivable or guarantees are recorded. Guarantees provided by the Company in loans of subsidiaries and affiliates are mentioned in Note 17.i.&lt;/span&gt;&lt;/p&gt;

&lt;/div&gt;
&lt;div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt; &lt;/span&gt;&lt;br/&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;"&gt;b. Key executives&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &lt;/span&gt;&lt;br/&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;The Company&#x2019;s compensation strategy combines short and long-term elements, following the principles of alignment of interests and of maintaining a competitive compensation, and is aimed at retaining key officers and remunerating them adequately according to their attributed responsibilities and the value created to the Company and its shareholders.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &lt;/span&gt;&lt;br/&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;Short-term compensation is comprised of: (a) fixed monthly compensation paid with the objective of rewarding the executive&#x2019;s experience, responsibility, and his/her position&#x2019;s complexity, and includes salary and benefits such as medical coverage, check-up, life insurance, and others; (b) variable compensation paid annually with the objective of aligning the executive&#x2019;s and the Company&#x2019;s objectives, which is linked to: (i) the business performance measured through its economic value creation and (ii) the fulfillment of individual annual goals that are based on the strategic plan and are focused on expansion and operational excellence projects, people development and market positioning, among others. More details about the Deferred Stock Plan are contained in Note 9.c and about post-employment benefits in Note 21.b.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt; &lt;/span&gt;&lt;br/&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The expenses for compensation of its key executives (Company&#x2019;s directors and executive officers) as shown below:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt; &lt;/span&gt;&lt;br/&gt;&lt;/p&gt;
&lt;div id="t_ft_1WPA2PEGBK00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto; height: 103px;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 58.8563%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.1339%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97629%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97629%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9944%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.08285%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px; width: 1.28814%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 17px; width: 11.9944%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 17px; width: 0.97629%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 58.8563%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Short-term compensation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 12.1339%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 47,003 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.97629%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.97629%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 11.9944%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 47,936 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.08285%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; width: 1.28814%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; width: 11.9944%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 41,659 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; width: 0.97629%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 58.8563%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Stock compensation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.1339%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 15,778 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97629%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97629%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9944%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 4,786 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.08285%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px; width: 1.28814%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 17px; width: 11.9944%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 9,881 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 17px; width: 0.97629%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 58.8563%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Post-employment benefits &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12.1339%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,737 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.97629%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.97629%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 11.9944%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,866 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.08285%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px; width: 1.28814%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; background-color: #cceeff; height: 17px; width: 11.9944%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,640 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; background-color: #cceeff; height: 17px; width: 0.97629%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 58.8563%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Termination benefits &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.1339%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 5,637 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97629%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97629%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9944%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.08285%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px; width: 1.28814%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 17px; width: 11.9944%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 17px; width: 0.97629%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 58.8563%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 12.1339%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 71,155 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 0.97629%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 0.97629%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 11.9944%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 55,588 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.08285%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 18px; width: 1.28814%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 11.9944%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 54,180 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 0.97629%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;

&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;"&gt;c. Deferred stock plan&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &lt;/span&gt;&lt;br/&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;Since 2003 Ultrapar has adopted a stock plan in which the executive has the usufruct of shares held in treasury until the transfer of the full ownership of the shares to those eligible members of management after five to seven years from the initial concession of the rights subject to uninterrupted employment of the participant during the period. The volume of shares and the executives eligible are determined by the Board of Directors, and there is no mandatory annual grant. The total number of shares to be used in the plan is subject to the number of shares in treasury. Ultrapar&#x2019;s Board of Directors members are not eligible to participate in the stock plan. The fair value of the awards was determined on the grant date based on the market value of the shares on the B3, the Brazilian Securities, Commodities and Futures Exchange and the amounts are amortized between &lt;span style="-sec-ix-hidden:Tag8003"&gt;five&lt;/span&gt; to &lt;span style="-sec-ix-hidden:Tag8002"&gt;seven&lt;/span&gt; years from the grant date.&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt; &lt;/span&gt;&lt;br/&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;The table below summarizes shares granted to the Company and its subsidiaries&#x2019; management:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt; &lt;/span&gt;&lt;br/&gt;&lt;/p&gt;
&lt;div id="t_ft_T6L7ZA35G000000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 90px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 22px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 22px; width: 34.9144%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Grant date &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 22px; border-bottom: 1pt solid #000000; width: 8.95916%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Balance of number of shares granted &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 22px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 22px; width: 0.922266%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 22px; border-bottom: 1pt solid #000000; width: 8.95916%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Vesting period &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.31752%; height: 22px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 22px; width: 0.922266%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 22px; border-bottom: 1pt solid #000000; width: 8.95916%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Market price of shares on the grant date (in R$ per share) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 22px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 22px; width: 0.922266%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 22px; border-bottom: 1pt solid #000000; width: 8.95916%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Total grant costs, including taxes &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 22px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 22px; width: 0.922266%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 22px; border-bottom: 1pt solid #000000; width: 8.95916%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Accumulated recognized grant costs &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 22px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 22px; width: 0.922266%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 22px; border-bottom: 1pt solid #000000; width: 8.95916%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Accumulated unrecognized grant costs &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.05402%; height: 22px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 34.9144%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; March 4, 2016 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 133,332 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.922266%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2022 to 2023 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.31752%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 32.72 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.922266%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 9,025 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.922266%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (8,440 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.922266%; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 585 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.05402%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 34.9144%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; December 10, 2014 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.31752%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 25.32 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 19,557 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (19,557 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; -&#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.05402%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 34.9144%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; March 5, 2014 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.95916%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.922266%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.922266%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.95916%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.31752%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.922266%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.95916%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 26.08 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.922266%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.922266%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.95916%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 5,999 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.922266%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.922266%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.95916%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (5,999 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.922266%; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.922266%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.95916%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; -&#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.05402%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 34.9144%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 8.95916%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 133,332 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.31752%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 8.95916%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 34,581 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 8.95916%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (33,996 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 8.95916%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 585 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.05402%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span&gt;For the year ended December 31, 2021 the amortization in the amount of R$ &lt;/span&gt;1,902&lt;span style="color: #000000;"&gt;&#160;&lt;/span&gt;&lt;span&gt;&#x2013; continuing operation and R$ 1,325 &#x2013; discontinued operation&lt;/span&gt;&lt;span&gt; (reversal of R$ &lt;/span&gt;64&lt;span&gt;&lt;span&gt;&#160;&lt;/span&gt;&lt;/span&gt;&lt;span&gt;&#x2013; continuing operation and R$ 2,296 &#x2013; discontinued operation&lt;/span&gt;&lt;span&gt; for year ended December 31, 2020 and R$ &lt;/span&gt;8,502&lt;span&gt; &lt;span&gt;&#x2013; continuing operation and R$ 1,819 &#x2013; discontinued operation&lt;/span&gt; for the year ended December 31, 2019) was recognized as a general and administrative expense.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &lt;/span&gt;&lt;br/&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The table below summarizes the changes of number of shares granted:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt; &lt;/span&gt;&lt;br/&gt;&lt;/p&gt;
&lt;div id="t_ft_747M2JGKSW00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 120px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 82%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Balance on December 31, 2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; width: 4%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 12%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,224,524 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Cancellation of granted shares due to termination of executive employment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (200,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Shares vested and transferred &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (322,264 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Balance on December 31, 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 702,260 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Shares vested and transferred &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (448,930 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Reclassification to assets held for sale &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (119,998 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Balance on December 31, 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 133,332 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt; &lt;/span&gt;&lt;br/&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;In addition, on April 19, 2017, the Ordinary and Extraordinary General Shareholders&#x2019; Meeting (&#x201c;OEGM&#x201d;) of approved a new incentive plan based on shares (&#x201d;Plan&#x201d;), which establishes the general terms and conditions for the concession of common shares issued by the Company and held in treasury, that may or may not involve the granting of usufruct of part of these shares for later transfer of the ownership of the shares, in periods of &lt;span style="-sec-ix-hidden:Tag8004"&gt;three&lt;/span&gt; to &lt;span style="-sec-ix-hidden:Tag8001"&gt;six&lt;/span&gt; years, to directors or employees of the Company or its subsidiaries.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &lt;/span&gt;&lt;br/&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;As a result of the Plan, common shares representing at most 1% of the Company's share capital may be delivered to the participants, which corresponds, at the date of approval of this Plan, to 11,128,102 common shares.&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;The table below summarizes the restricted and performance stock programs:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt; &lt;/span&gt;&lt;br/&gt;&lt;/p&gt;
&lt;div id="t_ft_AICLTBV6SG00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 282px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Program &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Grant date &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Balance of number of shares granted &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Vesting period &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Market price of shares on the grant date (in R$ per share) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Total grant costs, including taxes &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Accumulated recognized grant costs &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Accumulated unrecognized grant costs &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 14%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Restricted &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 15%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; October 1, 2017 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 240,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2023 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 38.19 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 9,293 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (9,293 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Restricted &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; November 8, 2017 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 4,596 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2022 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 38.19 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,018 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (994 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 24 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Restricted &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; April 4, 2018 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 31,220 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2022 to 2023 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 34.35 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,013 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (2,902 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 111 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Performance &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; April 4, 2018 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 5,550 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2022 to 2023 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 34.35 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 356 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (267 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 89 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Restricted &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; September 19, 2018 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 80,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2024 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 19.58 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Restricted &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; September 24, 2018 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 80,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2024 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 18.40 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,170 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,250 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,920 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Restricted &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; April 3, 2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; 176,814 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2022 to 2024 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 23.25 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; 7,004 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; (5,479 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; 1,525 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Performance &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; April 3, 2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; 83,412 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2022 to 2024 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 23.25 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; 3,587 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; (2,212 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; 1,375 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Restricted &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; September 2, 2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; 440,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2025 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 16.42 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; 9,965 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; (3,875 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; 6,090 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Restricted &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; April 1, 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; 290,082 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2023 to 2025 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 12.53 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; 5,668 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; (3,135 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; 2,533 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Performance &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; April 1, 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; 238,188 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2023 to 2025 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 12.53 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; 5,494 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; (2,960 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; 2,534 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Restricted &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; September 16, 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 700,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2026 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 23.03 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 13,259 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (5,847 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 7,412 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Restricted &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; April 7, 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 522,716 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2024 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 20.85 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 17,985 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (5,141 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 12,844 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Performance &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; April 7, 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 522,716 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2024 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 20.85 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 17,985 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (5,141 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 12,844 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Restricted &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; September 22, 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,000,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2027 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 14.17 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; 19,547 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; (1,087 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 18,460 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; 4,415,294 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; 118,364 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; (50,603 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; 67,761 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;

&lt;p style="margin: 0px; text-align: justify; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt; &lt;/span&gt;&lt;br/&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;For the year ended December 31, 2021, a general and administrative expense in the amount of R$ 24,067 &lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"&gt;&#x2013; continuing operation and R$&#160;&lt;span style="border-left: none; border-right: none;"&gt;4,283&lt;/span&gt;&#160;&#x2013; discontinued operation&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"&gt;&#160;&lt;/span&gt;was recognized in relation to the Plan (R$ 10,440 &lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;&#x2013; continuing operation and R$&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"&gt;&#160;&lt;span style="border-left: none; border-right: none;"&gt;2,224&lt;/span&gt;&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;&#x2013; discontinued operation&#160;&lt;/span&gt;for the year ended December 31, 2020 and R$ 10,674 &lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;&#x2013; continuing operation and R$&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"&gt;&#160;&lt;span style="border-left: none; border-right: none;"&gt;2,219&lt;/span&gt;&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;&#x2013; discontinued operation&#160;&lt;/span&gt;for the year ended December 31, 2019.&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt; &lt;/span&gt;&lt;br/&gt;&lt;/p&gt;

&lt;table cellpadding="0" style="height: 208px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 82%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Balance on December 31, 2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 5%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,738,660 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Shares granted on April 1, 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 877,788 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Shares granted on September 16, 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 700,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Cancellation of granted shares due to termination of executive employment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (353,294 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Cancellation of performance shares &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (52,992 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Balance on December 31, 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,910,162 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Shares granted on April 7, 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,386,504 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Shares granted on September 22, 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,000,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 21px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;Performance shares &lt;span style="font-size: 8pt;"&gt;&lt;sup&gt;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 21px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 21px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (133,326 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Cancellation of granted shares due to termination of executive employment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (133,186 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Reclassification to assets held for sale &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (614,860 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Balance on December 31, 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 4,415,294 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt; &lt;/span&gt;&lt;br/&gt;&lt;/p&gt;
&lt;div id="t_ft_LSCVQEWHZ400000000000000000000b"&gt;
&lt;table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;"&gt;
&lt;tbody&gt;
&lt;tr&gt;
&lt;td style="width: 1%;"&gt;&lt;sup&gt;&lt;span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(i)&lt;/span&gt;&lt;/sup&gt;&lt;/td&gt;
&lt;td style="width: 99%;"&gt;&lt;span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;Refers to the reversal of the provision constituted in view of the significant probability that performance indicators will not be achieved.&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;/div&gt;
</ifrs-full:DisclosureOfRelatedPartyExplanatory>
    <ifrs-full:DisclosureOfTransactionsBetweenRelatedPartiesExplanatory contextRef="D20211231_3" id="Tag6195">
&lt;div&gt;
&lt;div style="border-left: none; border-right: none;"&gt;
&lt;div id="t_ft_0RO1NZ8JQO00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 64px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.4638%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="4" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 26.294%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Loans &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.0352%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.4638%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9048%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.0352%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.44928%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9048%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Liabilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; width: 1.0352%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 72.4638%; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;Qu&#xed;mica da Bahia Ind&#xfa;stria e Com&#xe9;rcio S.A.&#160;&lt;span style="font-size: 8pt;"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 11.9048%; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.0352%; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.44928%; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 11.9048%; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,875 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.0352%; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 72.4638%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;Others&#160;&lt;span style="font-size: 8pt;"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9048%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 490 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.0352%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.44928%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9048%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 659 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.0352%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 72.4638%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total as of December 31, 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 11.9048%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 490 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.0352%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.44928%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 11.9048%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,534 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 1.0352%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;p style="font-size: 11pt; line-height: 115%; margin: 2pt 0pt 10pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt; &lt;/span&gt;&lt;br/&gt;&lt;/p&gt;
&lt;div id="t_ft_DPJIPRJABK00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 72.4532%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="4" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 26.4034%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Loans &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.0395%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 72.4532%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 11.9543%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.0395%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.4553%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 11.9543%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Liabilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; width: 1.0395%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 72.4532%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;Qu&#xed;mica da Bahia Ind&#xfa;stria e Com&#xe9;rcio S.A. &lt;span style="font-size: 8pt;"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/span&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.9543%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0395%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4553%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.9543%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,875 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0395%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 72.4532%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;Routeasy Servi&#xe7;os de Assessoria Log&#xed;stica Ltda.&lt;span style="font-size: 8pt;"&gt;&lt;sup&gt;(2)&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 11.9543%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,334 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.0395%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.4553%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 11.9543%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.0395%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 72.4532%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;Others &lt;span style="font-size: 8pt;"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.9543%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 490 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0395%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4553%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.9543%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 836 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0395%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 72.4532%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total as of December 31, 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9543%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,824 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.0395%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.4553%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9543%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,711 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 1.0395%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt; &lt;/span&gt;&lt;br/&gt;&lt;/p&gt;
&lt;div id="t_ft_D92OMHVSJK00000000000000000000b"&gt;
&lt;table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;"&gt;
&lt;tbody&gt;
&lt;tr&gt;
&lt;td style="width: 1%; vertical-align: top;" valign="top"&gt;&lt;sup&gt;&lt;sup&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; vertical-align: super;"&gt;(1)&lt;/span&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/td&gt;
&lt;td style="width: 99%; vertical-align: top;" valign="top"&gt;
&lt;div style="border-right: none; border-left: none;"&gt;&lt;span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;Loans contracted have indefinite terms and do not contain remuneration clauses.&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td style="vertical-align: top;" valign="top"&gt;&lt;sup&gt;&lt;span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(2)&lt;/span&gt;&lt;/sup&gt;&lt;/td&gt;
&lt;td style="vertical-align: top;" valign="top"&gt;
&lt;div style="border-right: none; border-left: none;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"&gt;The loan contracted ha&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"&gt;s&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"&gt; a term of 36 months&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"&gt;,&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"&gt; can be extended by mutual agreement between the parties&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"&gt;,&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"&gt; being remunerated by the DI plus 3% p.a.&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;

&lt;/div&gt;
&lt;div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt; &lt;/span&gt;&lt;br/&gt;&lt;/p&gt;
&lt;div id="t_ft_MKV3FX7XWW00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: 5.3px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 208px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 44.8684%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: impact, chicago; font-size: 9pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="10" style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; width: 53.7608%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Commercial transactions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 10px; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 44.8684%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9737%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Receivables &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.921053%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.05263%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9737%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Payables &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.921053%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.921053%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12.14%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Sales and services &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.831255%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.921053%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12.1053%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Purchases &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 44.8684%; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Refinaria de Petr&#xf3;leo Riograndense S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 11.9737%; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.921053%; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.05263%; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 11.9737%; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 90,761 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.921053%; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.921053%; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 12.14%; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.831255%; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.921053%; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 12.1053%; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 619,785 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.31579%; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 44.8684%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Uni&#xe3;o Vopak Armaz&#xe9;ns Gerais Ltda. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9737%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 57 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.05263%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9737%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.14%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,402 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.831255%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.1053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 44.8684%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Chevron (Thailand) Limited &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9737%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 204 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.05263%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9737%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.14%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 675 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.831255%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.1053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,072 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 44.8684%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Chevron Lubricants Lanka PLC &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9737%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.05263%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9737%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.14%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 164 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.831255%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.1053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 44.8684%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Chevron Lubricants Oils S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9737%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 319 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.05263%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9737%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.14%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 786 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.831255%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.1053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 44.8684%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Chevron Marine Products &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9737%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,663 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.05263%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9737%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.14%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 24,583 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.831255%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.1053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 44.8684%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Chevron Oronite Brasil LTDA. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9737%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.05263%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9737%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 53,378 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.14%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 78 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.831255%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.1053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 150,878 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 44.8684%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Chevron Products Company &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9737%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.05263%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9737%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 158,557 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.14%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.831255%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.1053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 789,452 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 44.8684%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Chevron Belgium NV &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9737%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.05263%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9737%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 821 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.14%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.831255%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.921053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.1053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 7,520 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 44.8684%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Chevron Petroleum CO Colombia&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9737%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 214 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.05263%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9737%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.14%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 392 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.831255%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.921053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.1053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 44.8684%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total as of December 31, 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; background-color: #cceeff; width: 11.9737%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 4,457 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.921053%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.05263%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; background-color: #cceeff; width: 11.9737%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 303,517 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.921053%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.921053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; background-color: #cceeff; width: 12.14%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 28,080 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.831255%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.921053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; background-color: #cceeff; width: 12.1053%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,568,707 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; background-color: #cceeff; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;

&lt;p style="text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;div id="t_ft_NUXZGNA5TS00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 282px; border-collapse: collapse; margin-left: 5.3px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 24.2105%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="19" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 75.4633%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Commercial transactions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 1.18421%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 24.2105%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 10%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Receivables &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 7.36842%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&lt;span style="font-weight: bold;"&gt;Right-of-use &lt;/span&gt;&lt;span style="font-weight: bold;"&gt;assets &lt;span style="font-size: 8pt;"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.66208%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 8.02632%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Payables &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&lt;span style="font-weight: bold;"&gt;Leases &lt;/span&gt;&lt;span style="font-weight: bold;"&gt;payable &lt;span style="font-size: 8pt;"&gt;&lt;sup&gt;&lt;span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(1)&lt;/span&gt;&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Sales and services &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 8.68421%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Purchases &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 8.15789%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Expenses &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.18421%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 24.2105%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Oxicap Ind&#xfa;stria de Gases Ltda. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.36842%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.66208%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.02632%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,772 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 471 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.68421%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 19,077 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.15789%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.18421%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 24.2105%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Refinaria de Petr&#xf3;leo Riograndense S.A. &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.36842%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.66208%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.02632%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 65,215 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.68421%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 314,587 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.15789%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.18421%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 24.2105%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; ConectCar Solu&#xe7;&#xf5;es de Mobilidade Eletr&#xf4;nica S.A. &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 151 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.36842%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.66208%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.02632%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 104 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,062 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.68421%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 154 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.15789%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.18421%;"&gt;&lt;br/&gt;&lt;/td&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 24.2105%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; LA&#x2019;7 Participa&#xe7;&#xf5;es e Empreend. Imob. Ltda. (a) &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.36842%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 8,635 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.66208%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.02632%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 8,044 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.68421%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.15789%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,613 &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.18421%;"&gt;&lt;br/&gt;&lt;/td&gt;
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&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Chevron (Thailand) Limited &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 166 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.36842%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.66208%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.02632%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 6 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.68421%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 759 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.15789%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.18421%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 24.2105%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Chevron Brasil Oleos Basicos LTDA &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.36842%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.66208%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.02632%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 6 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.68421%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.15789%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.18421%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 24.2105%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Chevron Latin America Marketing LLC &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 118 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.36842%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.66208%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.02632%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.68421%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.15789%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.18421%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 24.2105%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Chevron Lubricants Lanka PLC &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.36842%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.66208%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.02632%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.68421%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.15789%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.18421%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 24.2105%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Chevron Lubricants Oils S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 823 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.36842%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.66208%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.02632%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.68421%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.15789%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.18421%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 24.2105%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Chevron Marine Products &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,873 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.36842%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.66208%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.02632%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.68421%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.15789%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.18421%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 24.2105%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Chevron Oronite Brasil LTDA. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.36842%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.66208%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.02632%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 37,482 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.68421%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 108,198 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.15789%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.18421%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 24.2105%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Chevron Products Company &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.36842%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.66208%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.02632%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 87,754 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.68421%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 247,578 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.15789%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.18421%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 24.2105%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Chevron Belgium NV &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.36842%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.66208%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.02632%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 785 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.68421%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 6,707 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.15789%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.18421%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 24.2105%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Chevron Petroleum CO Colombia &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.36842%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.66208%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.02632%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.68421%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.15789%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.18421%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 24.2105%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total as of December 31, 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; border-top: 1pt solid #000000; width: 10%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,135 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 7.36842%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 8,635 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.66208%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 8.02632%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 193,124 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 8,044 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 7.63158%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,533 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 8.68421%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 697,060 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57895%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 8.15789%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,613 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 1.18421%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;

&lt;p style="margin: 0in 0in 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; background-color: #ffffff; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', 'serif';"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;div id="t_ft_7B2T9ST2JK00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 286px; border-collapse: collapse; margin-left: 5.3px; font-family: 'times new roman'; font-size: 10pt; width: 100%; float: left;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 23.8935%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="15" style="vertical-align: bottom; padding: 0px; border-bottom: 1pt solid #000000; height: 17px; width: 76.7819%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Commercial transactions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; border-bottom: 1pt solid #000000; height: 17px; width: 1.45985%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 14px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 14px; width: 23.8935%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 14px; width: 12.3653%;"&gt;&lt;span style="font-weight: bold; font-size: 8pt;"&gt;Receivables &lt;sup&gt;(1)&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 14px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 10.2987%; height: 14px;"&gt;&lt;span style="font-weight: bold; font-size: 8pt;"&gt;Payables &lt;sup&gt;(1)&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.887156%; height: 14px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.81523%; height: 14px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 8.6191%; height: 14px;"&gt;&lt;span style="font-weight: bold; font-size: 8pt;"&gt;Other payables&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 14px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.84292%; height: 14px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 14px; width: 10.4812%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Sales and services &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 14px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 14px; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 14px; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Purchases &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 14px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 14px; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 14px; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Expenses &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 14px; width: 1.45985%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 23.8935%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Oxicap Ind&#xfa;stria de Gases Ltda. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12.3653%; height: 17px; text-align: right;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10.2987%; height: 17px; text-align: right;"&gt;1,545&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.887156%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.81523%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.6191%; height: 17px; text-align: right;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.84292%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.4812%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 18,565 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.45985%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 23.8935%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Refinaria de Petr&#xf3;leo Riograndense S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.3653%; text-align: right;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 10.2987%; height: 17px; text-align: right;"&gt;264,602&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.887156%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.81523%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 8.6191%; height: 17px; text-align: right;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.84292%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.4812%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,019,108 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45985%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 23.8935%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; ConectCar Solu&#xe7;&#xf5;es de Mobilidade Eletr&#xf4;nica S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12.3653%; text-align: right;"&gt;739&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10.2987%; height: 17px; text-align: right;"&gt;113&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.887156%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.81523%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.6191%; height: 17px; text-align: right;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.84292%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.4812%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 7,385 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 121 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.45985%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 23.8935%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; LA&#x2019;7 Participa&#xe7;&#xf5;es e Empreend. Imob. Ltda. (a) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.3653%; text-align: right;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 10.2987%; height: 17px; text-align: right;"&gt;124&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.887156%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.81523%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 8.6191%; height: 17px; text-align: right;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.84292%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.4812%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,477 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45985%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 23.8935%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Chevron (Thailand) Limited &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12.3653%; text-align: right;"&gt;1,333&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10.2987%; height: 17px; text-align: right;"&gt;5,177&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.887156%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.81523%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.6191%; height: 17px; text-align: right;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.84292%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.4812%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 90,912 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.45985%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 23.8935%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Chevron Brasil Oleos Basicos LTDA &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.3653%; text-align: right;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 10.2987%; height: 17px; text-align: right;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.887156%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.81523%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 8.6191%; height: 17px; text-align: right;"&gt;6&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.84292%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.4812%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 6,336 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45985%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 23.8935%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Chevron Latin America Marketing LLC &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12.3653%; text-align: right;"&gt;86&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10.2987%; height: 17px; text-align: right;"&gt;6&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.887156%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.81523%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.6191%; height: 17px; text-align: right;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.84292%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.4812%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 13 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 506 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.45985%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 23.8935%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Chevron Lubricants Lanka PLC &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.3653%; text-align: right;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 10.2987%; height: 17px; text-align: right;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.887156%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.81523%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 8.6191%; height: 17px; text-align: right;"&gt;285&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.84292%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.4812%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45985%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 23.8935%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Chevron Lubricants Oils S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12.3653%; text-align: right;"&gt;58&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10.2987%; height: 17px; text-align: right;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.887156%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.81523%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.6191%; height: 17px; text-align: right;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.84292%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.4812%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 42 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.45985%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 23.8935%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Chevron Marine Products &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.3653%; text-align: right;"&gt;506&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 10.2987%; height: 17px; text-align: right;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.887156%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.81523%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 8.6191%; height: 17px; text-align: right;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.84292%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.4812%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 104 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45985%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 23.8935%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Chevron Oronite Brasil LTDA. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12.3653%; text-align: right;"&gt;1,193&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10.2987%; height: 17px; text-align: right;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.887156%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.81523%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.6191%; height: 17px; text-align: right;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.84292%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.4812%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 345 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.45985%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 23.8935%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Chevron Products Company &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.3653%; text-align: right;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 10.2987%; height: 17px; text-align: right;"&gt;16,302&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.887156%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.81523%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 8.6191%; height: 17px; text-align: right;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.84292%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.4812%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 212,915 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45985%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 23.8935%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Chevron Belgium NV &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12.3653%; text-align: right;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10.2987%; height: 17px; text-align: right;"&gt;2,119&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.887156%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.81523%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.6191%; height: 17px; text-align: right;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.84292%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.4812%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 15,019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.45985%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 23.8935%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Chevron Petroleum CO Colombia &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.3653%; text-align: right;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 10.2987%; height: 17px; text-align: right;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.887156%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.81523%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 8.6191%; height: 17px; text-align: right;"&gt;7&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.84292%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.4812%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 30 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45985%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 23.8935%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total as of December 31, 2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12.3653%; border-bottom: 2.8pt double #000000; border-top: 1pt solid #000000; text-align: right;"&gt;3,915&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10.2987%; height: 17px; border-bottom: 2.8pt double #000000; border-top: 1pt solid #000000; text-align: right;"&gt;289,988&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.887156%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.81523%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.6191%; height: 17px; border-bottom: 2.8pt double #000000; border-top: 1pt solid #000000; text-align: right;"&gt;298&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.84292%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 10.4812%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 7,920 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,363,482 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31926%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.923483%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 12.0053%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,477 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 17px; width: 1.45985%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt; &lt;/span&gt;&lt;br/&gt;&lt;/p&gt;
&lt;div style="border-left: none; border-right: none;"&gt;
&lt;div id="t_ft_WHFLKDPOLC00000000000000000000b"&gt;
&lt;table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;"&gt;
&lt;tbody&gt;
&lt;tr&gt;
&lt;td style="width: 1%; vertical-align: top;" valign="top"&gt;&lt;sup&gt;&lt;span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(1)&lt;/span&gt;&lt;/sup&gt;&lt;/td&gt;
&lt;td style="width: 99%; padding: 0px 0px 15px;"&gt;
&lt;div style="border-right: none; border-left: none;"&gt;&lt;span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;Included in &#x201c;right-of-use assets&#x201d; and &#x201c;leases payable&#x201d;, respectively.&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;div style="border-left: none; border-right: none;"&gt;
&lt;div id="t_ft_0SV441QBXC00000000000000000000b"&gt;
&lt;table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;"&gt;
&lt;tbody&gt;
&lt;tr&gt;
&lt;td style="width: 1%; vertical-align: top;" valign="top"&gt;&lt;sup&gt;&lt;span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(a)&lt;/span&gt;&lt;/sup&gt;&lt;/td&gt;
&lt;td style="width: 99%; padding: 0px 0px 10px;"&gt;
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      unitRef="BRL">58000</ifrs-full:AmountsReceivableRelatedPartyTransactions>
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    <ugp:CommercialTransactionsSalesAndServices
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      id="Tag5848"
      unitRef="BRL">42000</ugp:CommercialTransactionsSalesAndServices>
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      id="Tag5988"
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      contextRef="I20191231_ChevronMarineProductsMember"
      decimals="-3"
      id="Tag5967"
      unitRef="BRL">506000</ifrs-full:AmountsReceivableRelatedPartyTransactions>
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      contextRef="I20191231_ChevronMarineProductsMember"
      decimals="-3"
      id="Tag5986"
      unitRef="BRL">0</ifrs-full:AmountsPayableRelatedPartyTransactions>
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      contextRef="I20191231_ChevronMarineProductsMember"
      decimals="-3"
      id="Tag6129"
      unitRef="BRL">0</ugp:CommercialTransactionsOtherPayables>
    <ugp:CommercialTransactionsSalesAndServices
      contextRef="D20191231_ChevronMarineProductsMember"
      decimals="-3"
      id="Tag6161"
      unitRef="BRL">104000</ugp:CommercialTransactionsSalesAndServices>
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      contextRef="D20191231_ChevronMarineProductsMember"
      decimals="-3"
      id="Tag7293"
      unitRef="BRL">0</ifrs-full:PurchasesOfGoodsRelatedPartyTransactions>
    <ugp:CommercialTransactionsExpenses
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      decimals="-3"
      id="Tag6045"
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    <ifrs-full:AmountsReceivableRelatedPartyTransactions
      contextRef="I20191231_ChevronOroniteBrasilLtdaMember"
      decimals="-3"
      id="Tag6124"
      unitRef="BRL">1193000</ifrs-full:AmountsReceivableRelatedPartyTransactions>
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      contextRef="I20191231_ChevronOroniteBrasilLtdaMember"
      decimals="-3"
      id="Tag5911"
      unitRef="BRL">0</ifrs-full:AmountsPayableRelatedPartyTransactions>
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      contextRef="I20191231_ChevronOroniteBrasilLtdaMember"
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    <ugp:CommercialTransactionsSalesAndServices
      contextRef="D20191231_ChevronOroniteBrasilLtdaMember"
      decimals="-3"
      id="Tag6006"
      unitRef="BRL">345000</ugp:CommercialTransactionsSalesAndServices>
    <ifrs-full:PurchasesOfGoodsRelatedPartyTransactions
      contextRef="D20191231_ChevronOroniteBrasilLtdaMember"
      decimals="-3"
      id="Tag6121"
      unitRef="BRL">0</ifrs-full:PurchasesOfGoodsRelatedPartyTransactions>
    <ugp:CommercialTransactionsExpenses
      contextRef="I20191231_ChevronOroniteBrasilLtdaMember"
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      id="Tag5931"
      unitRef="BRL">0</ugp:CommercialTransactionsExpenses>
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      contextRef="I20191231_ChevronProductsCompanyMember"
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      id="Tag6073"
      unitRef="BRL">0</ifrs-full:AmountsReceivableRelatedPartyTransactions>
    <ifrs-full:AmountsPayableRelatedPartyTransactions
      contextRef="I20191231_ChevronProductsCompanyMember"
      decimals="-3"
      id="Tag6068"
      unitRef="BRL">16302000</ifrs-full:AmountsPayableRelatedPartyTransactions>
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      contextRef="I20191231_ChevronProductsCompanyMember"
      decimals="-3"
      id="Tag6091"
      unitRef="BRL">0</ugp:CommercialTransactionsOtherPayables>
    <ugp:CommercialTransactionsSalesAndServices
      contextRef="D20191231_ChevronProductsCompanyMember"
      decimals="-3"
      id="Tag6120"
      unitRef="BRL">0</ugp:CommercialTransactionsSalesAndServices>
    <ifrs-full:PurchasesOfGoodsRelatedPartyTransactions
      contextRef="D20191231_ChevronProductsCompanyMember"
      decimals="-3"
      id="Tag5980"
      unitRef="BRL">212915000</ifrs-full:PurchasesOfGoodsRelatedPartyTransactions>
    <ugp:CommercialTransactionsExpenses
      contextRef="I20191231_ChevronProductsCompanyMember"
      decimals="-3"
      id="Tag6170"
      unitRef="BRL">0</ugp:CommercialTransactionsExpenses>
    <ifrs-full:AmountsReceivableRelatedPartyTransactions
      contextRef="I20191231_ChevronBelgiumNvMember"
      decimals="-3"
      id="Tag7250"
      unitRef="BRL">0</ifrs-full:AmountsReceivableRelatedPartyTransactions>
    <ifrs-full:AmountsPayableRelatedPartyTransactions
      contextRef="I20191231_ChevronBelgiumNvMember"
      decimals="-3"
      id="Tag7262"
      unitRef="BRL">2119000</ifrs-full:AmountsPayableRelatedPartyTransactions>
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      contextRef="I20191231_ChevronBelgiumNvMember"
      decimals="-3"
      id="Tag5903"
      unitRef="BRL">0</ugp:CommercialTransactionsOtherPayables>
    <ugp:CommercialTransactionsSalesAndServices
      contextRef="D20191231_ChevronBelgiumNvMember"
      decimals="-3"
      id="Tag5865"
      unitRef="BRL">0</ugp:CommercialTransactionsSalesAndServices>
    <ifrs-full:PurchasesOfGoodsRelatedPartyTransactions
      contextRef="D20191231_ChevronBelgiumNvMember"
      decimals="-3"
      id="Tag5923"
      unitRef="BRL">15019000</ifrs-full:PurchasesOfGoodsRelatedPartyTransactions>
    <ugp:CommercialTransactionsExpenses
      contextRef="I20191231_ChevronBelgiumNvMember"
      decimals="-3"
      id="Tag7287"
      unitRef="BRL">0</ugp:CommercialTransactionsExpenses>
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      contextRef="I20191231_ChevronPetroleumCoColombiaMember"
      decimals="-3"
      id="Tag6059"
      unitRef="BRL">0</ifrs-full:AmountsReceivableRelatedPartyTransactions>
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      contextRef="I20191231_ChevronPetroleumCoColombiaMember"
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      id="Tag5981"
      unitRef="BRL">0</ifrs-full:AmountsPayableRelatedPartyTransactions>
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      contextRef="I20191231_ChevronPetroleumCoColombiaMember"
      decimals="-3"
      id="Tag5919"
      unitRef="BRL">7000</ugp:CommercialTransactionsOtherPayables>
    <ugp:CommercialTransactionsSalesAndServices
      contextRef="D20191231_ChevronPetroleumCoColombiaMember"
      decimals="-3"
      id="Tag7269"
      unitRef="BRL">30000</ugp:CommercialTransactionsSalesAndServices>
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      contextRef="D20191231_ChevronPetroleumCoColombiaMember"
      decimals="-3"
      id="Tag5922"
      unitRef="BRL">0</ifrs-full:PurchasesOfGoodsRelatedPartyTransactions>
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      contextRef="I20191231_ChevronPetroleumCoColombiaMember"
      decimals="-3"
      id="Tag6080"
      unitRef="BRL">0</ugp:CommercialTransactionsExpenses>
    <ifrs-full:AmountsReceivableRelatedPartyTransactions
      contextRef="I20191231"
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      id="Tag5866"
      unitRef="BRL">3915000</ifrs-full:AmountsReceivableRelatedPartyTransactions>
    <ifrs-full:AmountsPayableRelatedPartyTransactions
      contextRef="I20191231"
      decimals="-3"
      id="Tag6084"
      unitRef="BRL">289988000</ifrs-full:AmountsPayableRelatedPartyTransactions>
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      contextRef="I20191231"
      decimals="-3"
      id="Tag5890"
      unitRef="BRL">298000</ugp:CommercialTransactionsOtherPayables>
    <ugp:CommercialTransactionsSalesAndServices
      contextRef="D20191231"
      decimals="-3"
      id="Tag6002"
      unitRef="BRL">7920000</ugp:CommercialTransactionsSalesAndServices>
    <ifrs-full:PurchasesOfGoodsRelatedPartyTransactions
      contextRef="D20191231"
      decimals="-3"
      id="Tag6145"
      unitRef="BRL">1363482000</ifrs-full:PurchasesOfGoodsRelatedPartyTransactions>
    <ugp:CommercialTransactionsExpenses
      contextRef="I20191231"
      decimals="-3"
      id="Tag5992"
      unitRef="BRL">1477000</ugp:CommercialTransactionsExpenses>
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      contextRef="D20201231_LA7ParticipaesEEmpreendImobLtdaMember"
      decimals="0"
      id="Tag5946"
      unitRef="Pure">15</ugp:NumberOfDrugstoresUnderRentalContracts>
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      contextRef="I20211231"
      decimals="-3"
      id="Tag7027"
      unitRef="BRL">0</ugp:ProvisionForExpectedLossesOnAccountsReceivableOrGuarantees>
    <ugp:SummaryOfCompensationForKeyExecutivesTableTextBlock contextRef="D20211231_3" id="Tag6194">
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The expenses for compensation of its key executives (Company&#x2019;s directors and executive officers) as shown below:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt; &lt;/span&gt;&lt;br/&gt;&lt;/p&gt;
&lt;div id="t_ft_1WPA2PEGBK00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto; height: 103px;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 58.8563%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.1339%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97629%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97629%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9944%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.08285%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px; width: 1.28814%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 17px; width: 11.9944%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 17px; width: 0.97629%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 58.8563%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Short-term compensation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 12.1339%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 47,003 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.97629%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.97629%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 11.9944%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 47,936 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.08285%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; width: 1.28814%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; width: 11.9944%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 41,659 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; width: 0.97629%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 58.8563%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Stock compensation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.1339%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 15,778 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97629%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97629%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9944%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 4,786 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.08285%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px; width: 1.28814%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 17px; width: 11.9944%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 9,881 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 17px; width: 0.97629%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 58.8563%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Post-employment benefits &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12.1339%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,737 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.97629%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.97629%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 11.9944%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,866 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.08285%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px; width: 1.28814%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; background-color: #cceeff; height: 17px; width: 11.9944%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,640 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; background-color: #cceeff; height: 17px; width: 0.97629%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 58.8563%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Termination benefits &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.1339%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 5,637 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97629%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97629%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9944%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.08285%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px; width: 1.28814%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 17px; width: 11.9944%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 17px; width: 0.97629%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 58.8563%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 12.1339%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 71,155 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 0.97629%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 0.97629%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 11.9944%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 55,588 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.08285%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 18px; width: 1.28814%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 11.9944%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 54,180 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 0.97629%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
</ugp:SummaryOfCompensationForKeyExecutivesTableTextBlock>
    <ifrs-full:KeyManagementPersonnelCompensationShorttermEmployeeBenefits
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag5916"
      unitRef="BRL">47003000</ifrs-full:KeyManagementPersonnelCompensationShorttermEmployeeBenefits>
    <ifrs-full:KeyManagementPersonnelCompensationShorttermEmployeeBenefits
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag5965"
      unitRef="BRL">47936000</ifrs-full:KeyManagementPersonnelCompensationShorttermEmployeeBenefits>
    <ifrs-full:KeyManagementPersonnelCompensationShorttermEmployeeBenefits
      contextRef="D20191231"
      decimals="-3"
      id="Tag7228"
      unitRef="BRL">41659000</ifrs-full:KeyManagementPersonnelCompensationShorttermEmployeeBenefits>
    <ifrs-full:KeyManagementPersonnelCompensationSharebasedPayment
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag5935"
      unitRef="BRL">15778000</ifrs-full:KeyManagementPersonnelCompensationSharebasedPayment>
    <ifrs-full:KeyManagementPersonnelCompensationSharebasedPayment
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag6131"
      unitRef="BRL">4786000</ifrs-full:KeyManagementPersonnelCompensationSharebasedPayment>
    <ifrs-full:KeyManagementPersonnelCompensationSharebasedPayment
      contextRef="D20191231"
      decimals="-3"
      id="Tag5939"
      unitRef="BRL">9881000</ifrs-full:KeyManagementPersonnelCompensationSharebasedPayment>
    <ifrs-full:KeyManagementPersonnelCompensationPostemploymentBenefits
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag7251"
      unitRef="BRL">2737000</ifrs-full:KeyManagementPersonnelCompensationPostemploymentBenefits>
    <ifrs-full:KeyManagementPersonnelCompensationPostemploymentBenefits
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag5838"
      unitRef="BRL">2866000</ifrs-full:KeyManagementPersonnelCompensationPostemploymentBenefits>
    <ifrs-full:KeyManagementPersonnelCompensationPostemploymentBenefits
      contextRef="D20191231"
      decimals="-3"
      id="Tag5876"
      unitRef="BRL">2640000</ifrs-full:KeyManagementPersonnelCompensationPostemploymentBenefits>
    <ifrs-full:KeyManagementPersonnelCompensationTerminationBenefits
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag5849"
      unitRef="BRL">5637000</ifrs-full:KeyManagementPersonnelCompensationTerminationBenefits>
    <ifrs-full:KeyManagementPersonnelCompensationTerminationBenefits
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag5882"
      unitRef="BRL">0</ifrs-full:KeyManagementPersonnelCompensationTerminationBenefits>
    <ifrs-full:KeyManagementPersonnelCompensationTerminationBenefits
      contextRef="D20191231"
      decimals="-3"
      id="Tag5888"
      unitRef="BRL">0</ifrs-full:KeyManagementPersonnelCompensationTerminationBenefits>
    <ifrs-full:KeyManagementPersonnelCompensation
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag6184"
      unitRef="BRL">71155000</ifrs-full:KeyManagementPersonnelCompensation>
    <ifrs-full:KeyManagementPersonnelCompensation
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag6153"
      unitRef="BRL">55588000</ifrs-full:KeyManagementPersonnelCompensation>
    <ifrs-full:KeyManagementPersonnelCompensation
      contextRef="D20191231"
      decimals="-3"
      id="Tag5955"
      unitRef="BRL">54180000</ifrs-full:KeyManagementPersonnelCompensation>
    <ugp:ScheduleOfDeferredStockPlanSharesGrantedByDateTableTextBlock contextRef="D20211231_3" id="Tag6196">
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;The table below summarizes shares granted to the Company and its subsidiaries&#x2019; management:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt; &lt;/span&gt;&lt;br/&gt;&lt;/p&gt;
&lt;div id="t_ft_T6L7ZA35G000000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 90px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 22px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 22px; width: 34.9144%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Grant date &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 22px; border-bottom: 1pt solid #000000; width: 8.95916%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Balance of number of shares granted &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 22px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 22px; width: 0.922266%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 22px; border-bottom: 1pt solid #000000; width: 8.95916%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Vesting period &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.31752%; height: 22px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 22px; width: 0.922266%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 22px; border-bottom: 1pt solid #000000; width: 8.95916%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Market price of shares on the grant date (in R$ per share) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 22px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 22px; width: 0.922266%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 22px; border-bottom: 1pt solid #000000; width: 8.95916%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Total grant costs, including taxes &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 22px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 22px; width: 0.922266%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 22px; border-bottom: 1pt solid #000000; width: 8.95916%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Accumulated recognized grant costs &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 22px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 22px; width: 0.922266%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 22px; border-bottom: 1pt solid #000000; width: 8.95916%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Accumulated unrecognized grant costs &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.05402%; height: 22px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 34.9144%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; March 4, 2016 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 133,332 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.922266%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2022 to 2023 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.31752%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 32.72 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.922266%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 9,025 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.922266%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (8,440 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.922266%; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 585 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.05402%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 34.9144%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; December 10, 2014 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.31752%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 25.32 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 19,557 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (19,557 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; -&#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.05402%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 34.9144%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; March 5, 2014 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.95916%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.922266%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.922266%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.95916%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.31752%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.922266%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.95916%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 26.08 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.922266%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.922266%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.95916%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 5,999 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.922266%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.922266%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.95916%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (5,999 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.922266%; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.922266%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.95916%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; -&#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.05402%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 34.9144%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 8.95916%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 133,332 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.31752%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.95916%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 8.95916%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 34,581 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 8.95916%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (33,996 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.922266%; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.922266%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 8.95916%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 585 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.05402%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
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      id="Tag5969"
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    <ugp:AmortizationReversalOfAmortizationOfShareBasedPlansRecognizedAsGeneralAndAdministrativeExpense
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    <ugp:AmortizationReversalOfAmortizationOfShareBasedPlansRecognizedAsGeneralAndAdministrativeExpense
      contextRef="D20201231_DeferredStockUnitPlanMember_KeyManagementPersonnelOfEntityOrParentMember_DiscontinuedOperationsMember"
      decimals="-3"
      id="Tag7277"
      unitRef="BRL">2296000</ugp:AmortizationReversalOfAmortizationOfShareBasedPlansRecognizedAsGeneralAndAdministrativeExpense>
    <ugp:AmortizationReversalOfAmortizationOfShareBasedPlansRecognizedAsGeneralAndAdministrativeExpense
      contextRef="D20191231_DeferredStockUnitPlanMember_KeyManagementPersonnelOfEntityOrParentMember"
      decimals="-3"
      id="Tag6176"
      unitRef="BRL">8502000</ugp:AmortizationReversalOfAmortizationOfShareBasedPlansRecognizedAsGeneralAndAdministrativeExpense>
    <ugp:AmortizationReversalOfAmortizationOfShareBasedPlansRecognizedAsGeneralAndAdministrativeExpense
      contextRef="D20191231_DeferredStockUnitPlanMember_KeyManagementPersonnelOfEntityOrParentMember_DiscontinuedOperationsMember"
      decimals="-3"
      id="Tag5892"
      unitRef="BRL">1819000</ugp:AmortizationReversalOfAmortizationOfShareBasedPlansRecognizedAsGeneralAndAdministrativeExpense>
    <ugp:ScheduleOfChangesInDeferredStockPlanTableTextBlock contextRef="D20211231_3" id="Tag6192">
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The table below summarizes the changes of number of shares granted:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt; &lt;/span&gt;&lt;br/&gt;&lt;/p&gt;
&lt;div id="t_ft_747M2JGKSW00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 120px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 82%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Balance on December 31, 2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; width: 4%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 12%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,224,524 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Cancellation of granted shares due to termination of executive employment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (200,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Shares vested and transferred &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (322,264 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Balance on December 31, 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 702,260 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Shares vested and transferred &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (448,930 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Reclassification to assets held for sale &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (119,998 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Balance on December 31, 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 133,332 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
</ugp:ScheduleOfChangesInDeferredStockPlanTableTextBlock>
    <ifrs-full:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement
      contextRef="I20191231_DeferredStockUnitPlanMember_KeyManagementPersonnelOfEntityOrParentMember"
      decimals="0"
      id="Tag6160"
      unitRef="Shares">1224524</ifrs-full:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement>
    <ifrs-full:NumberOfOtherEquityInstrumentsExpiredInSharebasedPaymentArrangement
      contextRef="D20201231_DeferredStockUnitPlanMember_KeyManagementPersonnelOfEntityOrParentMember"
      decimals="0"
      id="Tag7294"
      unitRef="Shares">200000</ifrs-full:NumberOfOtherEquityInstrumentsExpiredInSharebasedPaymentArrangement>
    <ifrs-full:NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement
      contextRef="D20201231_DeferredStockUnitPlanMember_KeyManagementPersonnelOfEntityOrParentMember"
      decimals="0"
      id="Tag6069"
      unitRef="Shares">322264</ifrs-full:NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement>
    <ifrs-full:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement
      contextRef="I20201231_DeferredStockUnitPlanMember_KeyManagementPersonnelOfEntityOrParentMember"
      decimals="0"
      id="Tag6031"
      unitRef="Shares">702260</ifrs-full:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement>
    <ifrs-full:NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement
      contextRef="D20211231_DeferredStockUnitPlanMember_KeyManagementPersonnelOfEntityOrParentMember"
      decimals="0"
      id="Tag7246"
      unitRef="Shares">448930</ifrs-full:NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement>
    <ugp:NumberOfOtherEquityInstrumentsReclassifiedToHeldForSaleInShareBasedPaymentArrangement
      contextRef="D20211231_DeferredStockUnitPlanMember_KeyManagementPersonnelOfEntityOrParentMember"
      decimals="0"
      id="Tag6078"
      unitRef="Shares">-119998</ugp:NumberOfOtherEquityInstrumentsReclassifiedToHeldForSaleInShareBasedPaymentArrangement>
    <ifrs-full:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement
      contextRef="I20211231_DeferredStockUnitPlanMember_KeyManagementPersonnelOfEntityOrParentMember"
      decimals="0"
      id="Tag6013"
      unitRef="Shares">133332</ifrs-full:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement>
    <ugp:ParticipationPercentageOfShareCapital
      contextRef="D20170419_KeyManagementPersonnelOfEntityOrParentMember_DeferredStockUnitPlanMember"
      decimals="2"
      id="Tag7248"
      unitRef="Pure">0.01</ugp:ParticipationPercentageOfShareCapital>
    <ifrs-full:SharesReservedForIssueUnderOptionsAndContractsForSaleOfShares
      contextRef="I20170419"
      decimals="0"
      id="Tag5906"
      unitRef="Shares">11128102</ifrs-full:SharesReservedForIssueUnderOptionsAndContractsForSaleOfShares>
    <ugp:ScheduleOfRestrictedAndPerformanceStockProgramsTableTextBlock contextRef="D20211231_3" id="Tag6191">
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;The table below summarizes the restricted and performance stock programs:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt; &lt;/span&gt;&lt;br/&gt;&lt;/p&gt;
&lt;div id="t_ft_AICLTBV6SG00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 282px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Program &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Grant date &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Balance of number of shares granted &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Vesting period &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Market price of shares on the grant date (in R$ per share) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Total grant costs, including taxes &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Accumulated recognized grant costs &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Accumulated unrecognized grant costs &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 14%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Restricted &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 15%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; October 1, 2017 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 240,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2023 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 38.19 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 9,293 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (9,293 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Restricted &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; November 8, 2017 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 4,596 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2022 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 38.19 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,018 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (994 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 24 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Restricted &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; April 4, 2018 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 31,220 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2022 to 2023 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 34.35 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,013 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (2,902 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 111 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Performance &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; April 4, 2018 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 5,550 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2022 to 2023 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 34.35 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 356 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (267 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 89 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Restricted &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; September 19, 2018 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 80,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2024 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 19.58 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Restricted &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; September 24, 2018 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 80,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2024 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 18.40 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,170 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,250 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,920 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Restricted &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; April 3, 2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; 176,814 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2022 to 2024 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 23.25 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; 7,004 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; (5,479 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; 1,525 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Performance &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; April 3, 2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; 83,412 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2022 to 2024 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 23.25 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; 3,587 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; (2,212 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; 1,375 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Restricted &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; September 2, 2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; 440,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2025 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 16.42 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; 9,965 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; (3,875 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; 6,090 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Restricted &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; April 1, 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; 290,082 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2023 to 2025 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 12.53 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; 5,668 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; (3,135 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; 2,533 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Performance &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; April 1, 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; 238,188 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2023 to 2025 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 12.53 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; 5,494 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; (2,960 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; 2,534 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Restricted &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; September 16, 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 700,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2026 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 23.03 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 13,259 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (5,847 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 7,412 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Restricted &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; April 7, 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 522,716 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2024 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 20.85 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 17,985 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (5,141 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 12,844 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Performance &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; April 7, 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 522,716 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2024 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 20.85 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 17,985 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (5,141 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 12,844 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Restricted &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; September 22, 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,000,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2027 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 14.17 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; 19,547 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; (1,087 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 18,460 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; 4,415,294 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; 118,364 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; (50,603 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; 67,761 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
</ugp:ScheduleOfRestrictedAndPerformanceStockProgramsTableTextBlock>
    <ifrs-full:DateOfGrantOfSharebasedPaymentArrangement
      contextRef="D20211231_GrantDateOctober12017Member_RestrictedStockAwardMember"
      id="Tag5997">October 1, 2017</ifrs-full:DateOfGrantOfSharebasedPaymentArrangement>
    <ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted
      contextRef="D20211231_GrantDateOctober12017Member_RestrictedStockAwardMember"
      decimals="0"
      id="Tag6083"
      unitRef="Shares">240000</ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted>
    <ifrs-full:DescriptionOfVestingRequirementsForSharebasedPaymentArrangement
      contextRef="D20211231_GrantDateOctober12017Member_RestrictedStockAwardMember"
      id="Tag5855">2023</ifrs-full:DescriptionOfVestingRequirementsForSharebasedPaymentArrangement>
    <ifrs-full:WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019
      contextRef="D20211231_GrantDateOctober12017Member_RestrictedStockAwardMember"
      decimals="2"
      id="Tag6154"
      unitRef="BRLPerShare">38.19</ifrs-full:WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019>
    <ifrs-full:ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets
      contextRef="D20211231_GrantDateOctober12017Member_RestrictedStockAwardMember"
      decimals="-3"
      id="Tag5921"
      unitRef="BRL">9293000</ifrs-full:ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets>
    <ugp:AccumulatedRecognizedGrantCosts
      contextRef="D20211231_GrantDateOctober12017Member_RestrictedStockAwardMember"
      decimals="-3"
      id="Tag5885"
      unitRef="BRL">9293000</ugp:AccumulatedRecognizedGrantCosts>
    <ugp:AccumulatedUnrecognizedGrantCosts
      contextRef="D20211231_GrantDateOctober12017Member_RestrictedStockAwardMember"
      decimals="-3"
      id="Tag7823"
      unitRef="BRL">0</ugp:AccumulatedUnrecognizedGrantCosts>
    <ifrs-full:DateOfGrantOfSharebasedPaymentArrangement
      contextRef="D20211231_GrantDateNovember82017Member_RestrictedStockAwardMember"
      id="Tag7229">November 8, 2017</ifrs-full:DateOfGrantOfSharebasedPaymentArrangement>
    <ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted
      contextRef="D20211231_GrantDateNovember82017Member_RestrictedStockAwardMember"
      decimals="0"
      id="Tag5966"
      unitRef="Shares">4596</ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted>
    <ifrs-full:DescriptionOfVestingRequirementsForSharebasedPaymentArrangement
      contextRef="D20211231_GrantDateNovember82017Member_RestrictedStockAwardMember"
      id="Tag5934">2022</ifrs-full:DescriptionOfVestingRequirementsForSharebasedPaymentArrangement>
    <ifrs-full:WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019
      contextRef="D20211231_GrantDateNovember82017Member_RestrictedStockAwardMember"
      decimals="2"
      id="Tag6054"
      unitRef="BRLPerShare">38.19</ifrs-full:WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019>
    <ifrs-full:ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets
      contextRef="D20211231_GrantDateNovember82017Member_RestrictedStockAwardMember"
      decimals="-3"
      id="Tag6082"
      unitRef="BRL">1018000</ifrs-full:ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets>
    <ugp:AccumulatedRecognizedGrantCosts
      contextRef="D20211231_GrantDateNovember82017Member_RestrictedStockAwardMember"
      decimals="-3"
      id="Tag5895"
      unitRef="BRL">994000</ugp:AccumulatedRecognizedGrantCosts>
    <ugp:AccumulatedUnrecognizedGrantCosts
      contextRef="D20211231_GrantDateNovember82017Member_RestrictedStockAwardMember"
      decimals="-3"
      id="Tag5975"
      unitRef="BRL">24000</ugp:AccumulatedUnrecognizedGrantCosts>
    <ifrs-full:DateOfGrantOfSharebasedPaymentArrangement
      contextRef="D20211231_GrantDateApril42018Member_RestrictedStockAwardMember"
      id="Tag6064">April 4, 2018</ifrs-full:DateOfGrantOfSharebasedPaymentArrangement>
    <ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted
      contextRef="D20211231_GrantDateApril42018Member_RestrictedStockAwardMember"
      decimals="0"
      id="Tag5973"
      unitRef="Shares">31220</ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted>
    <ifrs-full:DescriptionOfVestingRequirementsForSharebasedPaymentArrangement
      contextRef="D20211231_GrantDateApril42018Member_RestrictedStockAwardMember"
      id="Tag5957">2022 to 2023</ifrs-full:DescriptionOfVestingRequirementsForSharebasedPaymentArrangement>
    <ifrs-full:WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019
      contextRef="D20211231_GrantDateApril42018Member_RestrictedStockAwardMember"
      decimals="2"
      id="Tag5875"
      unitRef="BRLPerShare">34.35</ifrs-full:WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019>
    <ifrs-full:ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets
      contextRef="D20211231_GrantDateApril42018Member_RestrictedStockAwardMember"
      decimals="-3"
      id="Tag5884"
      unitRef="BRL">3013000</ifrs-full:ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets>
    <ugp:AccumulatedRecognizedGrantCosts
      contextRef="D20211231_GrantDateApril42018Member_RestrictedStockAwardMember"
      decimals="-3"
      id="Tag6117"
      unitRef="BRL">2902000</ugp:AccumulatedRecognizedGrantCosts>
    <ugp:AccumulatedUnrecognizedGrantCosts
      contextRef="D20211231_GrantDateApril42018Member_RestrictedStockAwardMember"
      decimals="-3"
      id="Tag6179"
      unitRef="BRL">111000</ugp:AccumulatedUnrecognizedGrantCosts>
    <ifrs-full:DateOfGrantOfSharebasedPaymentArrangement
      contextRef="D20211231_GrantDateApril42018Member_PerformanceStockAwardMember"
      id="Tag6066">April 4, 2018</ifrs-full:DateOfGrantOfSharebasedPaymentArrangement>
    <ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted
      contextRef="D20211231_GrantDateApril42018Member_PerformanceStockAwardMember"
      decimals="0"
      id="Tag5874"
      unitRef="Shares">5550</ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted>
    <ifrs-full:DescriptionOfVestingRequirementsForSharebasedPaymentArrangement
      contextRef="D20211231_GrantDateApril42018Member_PerformanceStockAwardMember"
      id="Tag6005">2022 to 2023</ifrs-full:DescriptionOfVestingRequirementsForSharebasedPaymentArrangement>
    <ifrs-full:WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019
      contextRef="D20211231_GrantDateApril42018Member_PerformanceStockAwardMember"
      decimals="2"
      id="Tag6149"
      unitRef="BRLPerShare">34.35</ifrs-full:WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019>
    <ifrs-full:ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets
      contextRef="D20211231_GrantDateApril42018Member_PerformanceStockAwardMember"
      decimals="-3"
      id="Tag6158"
      unitRef="BRL">356000</ifrs-full:ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets>
    <ugp:AccumulatedRecognizedGrantCosts
      contextRef="D20211231_GrantDateApril42018Member_PerformanceStockAwardMember"
      decimals="-3"
      id="Tag6141"
      unitRef="BRL">267000</ugp:AccumulatedRecognizedGrantCosts>
    <ugp:AccumulatedUnrecognizedGrantCosts
      contextRef="D20211231_GrantDateApril42018Member_PerformanceStockAwardMember"
      decimals="-3"
      id="Tag5900"
      unitRef="BRL">89000</ugp:AccumulatedUnrecognizedGrantCosts>
    <ifrs-full:DateOfGrantOfSharebasedPaymentArrangement
      contextRef="D20211231_GrantDateSeptember192018Member_RestrictedStockAwardMember"
      id="Tag5860">September 19, 2018</ifrs-full:DateOfGrantOfSharebasedPaymentArrangement>
    <ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted
      contextRef="D20211231_GrantDateSeptember192018Member_RestrictedStockAwardMember"
      decimals="0"
      id="Tag6046"
      unitRef="Shares">80000</ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted>
    <ifrs-full:DescriptionOfVestingRequirementsForSharebasedPaymentArrangement
      contextRef="D20211231_GrantDateSeptember192018Member_RestrictedStockAwardMember"
      id="Tag5962">2024</ifrs-full:DescriptionOfVestingRequirementsForSharebasedPaymentArrangement>
    <ifrs-full:WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019
      contextRef="D20211231_GrantDateSeptember192018Member_RestrictedStockAwardMember"
      decimals="2"
      id="Tag6011"
      unitRef="BRLPerShare">19.58</ifrs-full:WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019>
    <ifrs-full:ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets
      contextRef="D20211231_GrantDateSeptember192018Member_RestrictedStockAwardMember"
      decimals="-3"
      id="Tag7224"
      unitRef="BRL">1020000</ifrs-full:ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets>
    <ugp:AccumulatedRecognizedGrantCosts
      contextRef="D20211231_GrantDateSeptember192018Member_RestrictedStockAwardMember"
      decimals="-3"
      id="Tag6010"
      unitRef="BRL">1020000</ugp:AccumulatedRecognizedGrantCosts>
    <ugp:AccumulatedUnrecognizedGrantCosts
      contextRef="D20211231_GrantDateSeptember192018Member_RestrictedStockAwardMember"
      decimals="-3"
      id="Tag5974"
      unitRef="BRL">0</ugp:AccumulatedUnrecognizedGrantCosts>
    <ifrs-full:DateOfGrantOfSharebasedPaymentArrangement
      contextRef="D20211231_GrantDateSeptember242018Member_RestrictedStockAwardMember"
      id="Tag7295">September 24, 2018</ifrs-full:DateOfGrantOfSharebasedPaymentArrangement>
    <ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted
      contextRef="D20211231_GrantDateSeptember242018Member_RestrictedStockAwardMember"
      decimals="0"
      id="Tag5915"
      unitRef="Shares">80000</ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted>
    <ifrs-full:DescriptionOfVestingRequirementsForSharebasedPaymentArrangement
      contextRef="D20211231_GrantDateSeptember242018Member_RestrictedStockAwardMember"
      id="Tag7261">2024</ifrs-full:DescriptionOfVestingRequirementsForSharebasedPaymentArrangement>
    <ifrs-full:WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019
      contextRef="D20211231_GrantDateSeptember242018Member_RestrictedStockAwardMember"
      decimals="2"
      id="Tag6135"
      unitRef="BRLPerShare">18.4</ifrs-full:WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019>
    <ifrs-full:ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets
      contextRef="D20211231_GrantDateSeptember242018Member_RestrictedStockAwardMember"
      decimals="-3"
      id="Tag6140"
      unitRef="BRL">3170000</ifrs-full:ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets>
    <ugp:AccumulatedRecognizedGrantCosts
      contextRef="D20211231_GrantDateSeptember242018Member_RestrictedStockAwardMember"
      decimals="-3"
      id="Tag7234"
      unitRef="BRL">1250000</ugp:AccumulatedRecognizedGrantCosts>
    <ugp:AccumulatedUnrecognizedGrantCosts
      contextRef="D20211231_GrantDateSeptember242018Member_RestrictedStockAwardMember"
      decimals="-3"
      id="Tag5872"
      unitRef="BRL">1920000</ugp:AccumulatedUnrecognizedGrantCosts>
    <ifrs-full:DateOfGrantOfSharebasedPaymentArrangement
      contextRef="D20211231_GrantDateApril32019Member_RestrictedStockAwardMember"
      id="Tag5863">April 3, 2019</ifrs-full:DateOfGrantOfSharebasedPaymentArrangement>
    <ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted
      contextRef="D20211231_GrantDateApril32019Member_RestrictedStockAwardMember"
      decimals="0"
      id="Tag6111"
      unitRef="Shares">176814</ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted>
    <ifrs-full:DescriptionOfVestingRequirementsForSharebasedPaymentArrangement
      contextRef="D20211231_GrantDateApril32019Member_RestrictedStockAwardMember"
      id="Tag6109">2022 to 2024</ifrs-full:DescriptionOfVestingRequirementsForSharebasedPaymentArrangement>
    <ifrs-full:WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019
      contextRef="D20211231_GrantDateApril32019Member_RestrictedStockAwardMember"
      decimals="2"
      id="Tag5896"
      unitRef="BRLPerShare">23.25</ifrs-full:WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019>
    <ifrs-full:ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets
      contextRef="D20211231_GrantDateApril32019Member_RestrictedStockAwardMember"
      decimals="-3"
      id="Tag6001"
      unitRef="BRL">7004000</ifrs-full:ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets>
    <ugp:AccumulatedRecognizedGrantCosts
      contextRef="D20211231_GrantDateApril32019Member_RestrictedStockAwardMember"
      decimals="-3"
      id="Tag5970"
      unitRef="BRL">5479000</ugp:AccumulatedRecognizedGrantCosts>
    <ugp:AccumulatedUnrecognizedGrantCosts
      contextRef="D20211231_GrantDateApril32019Member_RestrictedStockAwardMember"
      decimals="-3"
      id="Tag6043"
      unitRef="BRL">1525000</ugp:AccumulatedUnrecognizedGrantCosts>
    <ifrs-full:DateOfGrantOfSharebasedPaymentArrangement
      contextRef="D20211231_GrantDateApril32019Member_PerformanceStockAwardMember"
      id="Tag5851">April 3, 2019</ifrs-full:DateOfGrantOfSharebasedPaymentArrangement>
    <ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted
      contextRef="D20211231_GrantDateApril32019Member_PerformanceStockAwardMember"
      decimals="0"
      id="Tag7824"
      unitRef="Shares">83412</ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted>
    <ifrs-full:DescriptionOfVestingRequirementsForSharebasedPaymentArrangement
      contextRef="D20211231_GrantDateApril32019Member_PerformanceStockAwardMember"
      id="Tag6152">2022 to 2024</ifrs-full:DescriptionOfVestingRequirementsForSharebasedPaymentArrangement>
    <ifrs-full:WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019
      contextRef="D20211231_GrantDateApril32019Member_PerformanceStockAwardMember"
      decimals="2"
      id="Tag5982"
      unitRef="BRLPerShare">23.25</ifrs-full:WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019>
    <ifrs-full:ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets
      contextRef="D20211231_GrantDateApril32019Member_PerformanceStockAwardMember"
      decimals="-3"
      id="Tag5891"
      unitRef="BRL">3587000</ifrs-full:ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets>
    <ugp:AccumulatedRecognizedGrantCosts
      contextRef="D20211231_GrantDateApril32019Member_PerformanceStockAwardMember"
      decimals="-3"
      id="Tag6180"
      unitRef="BRL">2212000</ugp:AccumulatedRecognizedGrantCosts>
    <ugp:AccumulatedUnrecognizedGrantCosts
      contextRef="D20211231_GrantDateApril32019Member_PerformanceStockAwardMember"
      decimals="-3"
      id="Tag6071"
      unitRef="BRL">1375000</ugp:AccumulatedUnrecognizedGrantCosts>
    <ifrs-full:DateOfGrantOfSharebasedPaymentArrangement
      contextRef="D20211231_GrantDateSeptember22019Member_RestrictedStockAwardMember"
      id="Tag5897">September 2, 2019</ifrs-full:DateOfGrantOfSharebasedPaymentArrangement>
    <ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted
      contextRef="D20211231_GrantDateSeptember22019Member_RestrictedStockAwardMember"
      decimals="0"
      id="Tag5898"
      unitRef="Shares">440000</ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted>
    <ifrs-full:DescriptionOfVestingRequirementsForSharebasedPaymentArrangement
      contextRef="D20211231_GrantDateSeptember22019Member_RestrictedStockAwardMember"
      id="Tag5887">2025</ifrs-full:DescriptionOfVestingRequirementsForSharebasedPaymentArrangement>
    <ifrs-full:WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019
      contextRef="D20211231_GrantDateSeptember22019Member_RestrictedStockAwardMember"
      decimals="2"
      id="Tag6032"
      unitRef="BRLPerShare">16.42</ifrs-full:WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019>
    <ifrs-full:ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets
      contextRef="D20211231_GrantDateSeptember22019Member_RestrictedStockAwardMember"
      decimals="-3"
      id="Tag6107"
      unitRef="BRL">9965000</ifrs-full:ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets>
    <ugp:AccumulatedRecognizedGrantCosts
      contextRef="D20211231_GrantDateSeptember22019Member_RestrictedStockAwardMember"
      decimals="-3"
      id="Tag7282"
      unitRef="BRL">3875000</ugp:AccumulatedRecognizedGrantCosts>
    <ugp:AccumulatedUnrecognizedGrantCosts
      contextRef="D20211231_GrantDateSeptember22019Member_RestrictedStockAwardMember"
      decimals="-3"
      id="Tag7220"
      unitRef="BRL">6090000</ugp:AccumulatedUnrecognizedGrantCosts>
    <ifrs-full:DateOfGrantOfSharebasedPaymentArrangement
      contextRef="D20211231_GrantDateApril12020Member_RestrictedStockAwardMember"
      id="Tag5853">April 1, 2020</ifrs-full:DateOfGrantOfSharebasedPaymentArrangement>
    <ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted
      contextRef="D20211231_GrantDateApril12020Member_RestrictedStockAwardMember"
      decimals="0"
      id="Tag5857"
      unitRef="Shares">290082</ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted>
    <ifrs-full:DescriptionOfVestingRequirementsForSharebasedPaymentArrangement
      contextRef="D20211231_GrantDateApril12020Member_RestrictedStockAwardMember"
      id="Tag6092">2023 to 2025</ifrs-full:DescriptionOfVestingRequirementsForSharebasedPaymentArrangement>
    <ifrs-full:WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019
      contextRef="D20211231_GrantDateApril12020Member_RestrictedStockAwardMember"
      decimals="2"
      id="Tag7285"
      unitRef="BRLPerShare">12.53</ifrs-full:WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019>
    <ifrs-full:ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets
      contextRef="D20211231_GrantDateApril12020Member_RestrictedStockAwardMember"
      decimals="-3"
      id="Tag5999"
      unitRef="BRL">5668000</ifrs-full:ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets>
    <ugp:AccumulatedRecognizedGrantCosts
      contextRef="D20211231_GrantDateApril12020Member_RestrictedStockAwardMember"
      decimals="-3"
      id="Tag7240"
      unitRef="BRL">3135000</ugp:AccumulatedRecognizedGrantCosts>
    <ugp:AccumulatedUnrecognizedGrantCosts
      contextRef="D20211231_GrantDateApril12020Member_RestrictedStockAwardMember"
      decimals="-3"
      id="Tag5871"
      unitRef="BRL">2533000</ugp:AccumulatedUnrecognizedGrantCosts>
    <ifrs-full:DateOfGrantOfSharebasedPaymentArrangement
      contextRef="D20211231_GrantDateApril12020Member_PerformanceStockAwardMember"
      id="Tag7226">April 1, 2020</ifrs-full:DateOfGrantOfSharebasedPaymentArrangement>
    <ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted
      contextRef="D20211231_GrantDateApril12020Member_PerformanceStockAwardMember"
      decimals="0"
      id="Tag6133"
      unitRef="Shares">238188</ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted>
    <ifrs-full:DescriptionOfVestingRequirementsForSharebasedPaymentArrangement
      contextRef="D20211231_GrantDateApril12020Member_PerformanceStockAwardMember"
      id="Tag6177">2023 to 2025</ifrs-full:DescriptionOfVestingRequirementsForSharebasedPaymentArrangement>
    <ifrs-full:WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019
      contextRef="D20211231_GrantDateApril12020Member_PerformanceStockAwardMember"
      decimals="2"
      id="Tag5958"
      unitRef="BRLPerShare">12.53</ifrs-full:WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019>
    <ifrs-full:ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets
      contextRef="D20211231_GrantDateApril12020Member_PerformanceStockAwardMember"
      decimals="-3"
      id="Tag7266"
      unitRef="BRL">5494000</ifrs-full:ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets>
    <ugp:AccumulatedRecognizedGrantCosts
      contextRef="D20211231_GrantDateApril12020Member_PerformanceStockAwardMember"
      decimals="-3"
      id="Tag5964"
      unitRef="BRL">2960000</ugp:AccumulatedRecognizedGrantCosts>
    <ugp:AccumulatedUnrecognizedGrantCosts
      contextRef="D20211231_GrantDateApril12020Member_PerformanceStockAwardMember"
      decimals="-3"
      id="Tag5937"
      unitRef="BRL">2534000</ugp:AccumulatedUnrecognizedGrantCosts>
    <ifrs-full:DateOfGrantOfSharebasedPaymentArrangement
      contextRef="D20211231_GrantDateSeptember162020Member_RestrictedStockAwardMember"
      id="Tag5847">September 16, 2020</ifrs-full:DateOfGrantOfSharebasedPaymentArrangement>
    <ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted
      contextRef="D20211231_GrantDateSeptember162020Member_RestrictedStockAwardMember"
      decimals="0"
      id="Tag6065"
      unitRef="Shares">700000</ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted>
    <ifrs-full:DescriptionOfVestingRequirementsForSharebasedPaymentArrangement
      contextRef="D20211231_GrantDateSeptember162020Member_RestrictedStockAwardMember"
      id="Tag5905">2026</ifrs-full:DescriptionOfVestingRequirementsForSharebasedPaymentArrangement>
    <ifrs-full:WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019
      contextRef="D20211231_GrantDateSeptember162020Member_RestrictedStockAwardMember"
      decimals="2"
      id="Tag6168"
      unitRef="BRLPerShare">23.03</ifrs-full:WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019>
    <ifrs-full:ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets
      contextRef="D20211231_GrantDateSeptember162020Member_RestrictedStockAwardMember"
      decimals="-3"
      id="Tag7219"
      unitRef="BRL">13259000</ifrs-full:ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets>
    <ugp:AccumulatedRecognizedGrantCosts
      contextRef="D20211231_GrantDateSeptember162020Member_RestrictedStockAwardMember"
      decimals="-3"
      id="Tag5901"
      unitRef="BRL">5847000</ugp:AccumulatedRecognizedGrantCosts>
    <ugp:AccumulatedUnrecognizedGrantCosts
      contextRef="D20211231_GrantDateSeptember162020Member_RestrictedStockAwardMember"
      decimals="-3"
      id="Tag6104"
      unitRef="BRL">7412000</ugp:AccumulatedUnrecognizedGrantCosts>
    <ifrs-full:DateOfGrantOfSharebasedPaymentArrangement
      contextRef="D20211231_GrantDateApril72021Member_RestrictedStockAwardMember"
      id="Tag5930">April 7, 2021</ifrs-full:DateOfGrantOfSharebasedPaymentArrangement>
    <ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted
      contextRef="D20211231_GrantDateApril72021Member_RestrictedStockAwardMember"
      decimals="0"
      id="Tag5907"
      unitRef="Shares">522716</ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted>
    <ifrs-full:DescriptionOfVestingRequirementsForSharebasedPaymentArrangement
      contextRef="D20211231_GrantDateApril72021Member_RestrictedStockAwardMember"
      id="Tag5941">2024</ifrs-full:DescriptionOfVestingRequirementsForSharebasedPaymentArrangement>
    <ifrs-full:WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019
      contextRef="D20211231_GrantDateApril72021Member_RestrictedStockAwardMember"
      decimals="2"
      id="Tag6142"
      unitRef="BRLPerShare">20.85</ifrs-full:WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019>
    <ifrs-full:ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets
      contextRef="D20211231_GrantDateApril72021Member_RestrictedStockAwardMember"
      decimals="-3"
      id="Tag5839"
      unitRef="BRL">17985000</ifrs-full:ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets>
    <ugp:AccumulatedRecognizedGrantCosts
      contextRef="D20211231_GrantDateApril72021Member_RestrictedStockAwardMember"
      decimals="-3"
      id="Tag5913"
      unitRef="BRL">5141000</ugp:AccumulatedRecognizedGrantCosts>
    <ugp:AccumulatedUnrecognizedGrantCosts
      contextRef="D20211231_GrantDateApril72021Member_RestrictedStockAwardMember"
      decimals="-3"
      id="Tag5881"
      unitRef="BRL">12844000</ugp:AccumulatedUnrecognizedGrantCosts>
    <ifrs-full:DateOfGrantOfSharebasedPaymentArrangement
      contextRef="D20211231_GrantDateApril72021Member_PerformanceStockAwardMember"
      id="Tag6122">April 7, 2021</ifrs-full:DateOfGrantOfSharebasedPaymentArrangement>
    <ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted
      contextRef="D20211231_GrantDateApril72021Member_PerformanceStockAwardMember"
      decimals="0"
      id="Tag5929"
      unitRef="Shares">522716</ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted>
    <ifrs-full:DescriptionOfVestingRequirementsForSharebasedPaymentArrangement
      contextRef="D20211231_GrantDateApril72021Member_PerformanceStockAwardMember"
      id="Tag6088">2024</ifrs-full:DescriptionOfVestingRequirementsForSharebasedPaymentArrangement>
    <ifrs-full:WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019
      contextRef="D20211231_GrantDateApril72021Member_PerformanceStockAwardMember"
      decimals="2"
      id="Tag5972"
      unitRef="BRLPerShare">20.85</ifrs-full:WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019>
    <ifrs-full:ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets
      contextRef="D20211231_GrantDateApril72021Member_PerformanceStockAwardMember"
      decimals="-3"
      id="Tag6029"
      unitRef="BRL">17985000</ifrs-full:ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets>
    <ugp:AccumulatedRecognizedGrantCosts
      contextRef="D20211231_GrantDateApril72021Member_PerformanceStockAwardMember"
      decimals="-3"
      id="Tag5902"
      unitRef="BRL">5141000</ugp:AccumulatedRecognizedGrantCosts>
    <ugp:AccumulatedUnrecognizedGrantCosts
      contextRef="D20211231_GrantDateApril72021Member_PerformanceStockAwardMember"
      decimals="-3"
      id="Tag6136"
      unitRef="BRL">12844000</ugp:AccumulatedUnrecognizedGrantCosts>
    <ifrs-full:DateOfGrantOfSharebasedPaymentArrangement
      contextRef="D20211231_GrantDateSeptember222021Member_RestrictedStockAwardMember"
      id="Tag7241">September 22, 2021</ifrs-full:DateOfGrantOfSharebasedPaymentArrangement>
    <ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted
      contextRef="D20211231_GrantDateSeptember222021Member_RestrictedStockAwardMember"
      decimals="0"
      id="Tag5961"
      unitRef="Shares">1000000</ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted>
    <ifrs-full:DescriptionOfVestingRequirementsForSharebasedPaymentArrangement
      contextRef="D20211231_GrantDateSeptember222021Member_RestrictedStockAwardMember"
      id="Tag6060">2027</ifrs-full:DescriptionOfVestingRequirementsForSharebasedPaymentArrangement>
    <ifrs-full:WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019
      contextRef="D20211231_GrantDateSeptember222021Member_RestrictedStockAwardMember"
      decimals="2"
      id="Tag6144"
      unitRef="BRLPerShare">14.17</ifrs-full:WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019>
    <ifrs-full:ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets
      contextRef="D20211231_GrantDateSeptember222021Member_RestrictedStockAwardMember"
      decimals="-3"
      id="Tag6143"
      unitRef="BRL">19547000</ifrs-full:ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets>
    <ugp:AccumulatedRecognizedGrantCosts
      contextRef="D20211231_GrantDateSeptember222021Member_RestrictedStockAwardMember"
      decimals="-3"
      id="Tag6119"
      unitRef="BRL">1087000</ugp:AccumulatedRecognizedGrantCosts>
    <ugp:AccumulatedUnrecognizedGrantCosts
      contextRef="D20211231_GrantDateSeptember222021Member_RestrictedStockAwardMember"
      decimals="-3"
      id="Tag5837"
      unitRef="BRL">18460000</ugp:AccumulatedUnrecognizedGrantCosts>
    <ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted
      contextRef="D20211231_3"
      decimals="0"
      id="Tag6188"
      unitRef="Shares">4415294</ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted>
    <ifrs-full:ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag7271"
      unitRef="BRL">118364000</ifrs-full:ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets>
    <ugp:AccumulatedRecognizedGrantCosts
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag5956"
      unitRef="BRL">50603000</ugp:AccumulatedRecognizedGrantCosts>
    <ugp:AccumulatedUnrecognizedGrantCosts
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag5959"
      unitRef="BRL">67761000</ugp:AccumulatedUnrecognizedGrantCosts>
    <ifrs-full:GeneralAndAdministrativeExpense
      contextRef="D20211231_RestrictedAndPerformanceStockMember"
      decimals="-3"
      id="Tag6061"
      unitRef="BRL">24067000</ifrs-full:GeneralAndAdministrativeExpense>
    <ifrs-full:GeneralAndAdministrativeExpense
      contextRef="D20211231_RestrictedAndPerformanceStockMember_DiscontinuedOperationsMember"
      decimals="-3"
      id="Tag5878"
      unitRef="BRL">4283000</ifrs-full:GeneralAndAdministrativeExpense>
    <ifrs-full:GeneralAndAdministrativeExpense
      contextRef="D20201231_RestrictedAndPerformanceStockMember"
      decimals="-3"
      id="Tag7281"
      unitRef="BRL">10440000</ifrs-full:GeneralAndAdministrativeExpense>
    <ifrs-full:GeneralAndAdministrativeExpense
      contextRef="D20201231_RestrictedAndPerformanceStockMember_DiscontinuedOperationsMember"
      decimals="-3"
      id="Tag5877"
      unitRef="BRL">2224000</ifrs-full:GeneralAndAdministrativeExpense>
    <ifrs-full:GeneralAndAdministrativeExpense
      contextRef="D20191231_RestrictedAndPerformanceStockMember"
      decimals="-3"
      id="Tag6044"
      unitRef="BRL">10674000</ifrs-full:GeneralAndAdministrativeExpense>
    <ifrs-full:GeneralAndAdministrativeExpense
      contextRef="D20191231_RestrictedAndPerformanceStockMember_DiscontinuedOperationsMember"
      decimals="-3"
      id="Tag6035"
      unitRef="BRL">2219000</ifrs-full:GeneralAndAdministrativeExpense>
    <ugp:DisclosureOfSummarizedChangesOfNumberOfRestrictedAndPerformanceSharesGrantedExplanatory contextRef="D20211231_3" id="Tag6193">
&lt;table cellpadding="0" style="height: 208px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 82%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Balance on December 31, 2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 5%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,738,660 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Shares granted on April 1, 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 877,788 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Shares granted on September 16, 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 700,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Cancellation of granted shares due to termination of executive employment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (353,294 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Cancellation of performance shares &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (52,992 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Balance on December 31, 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,910,162 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Shares granted on April 7, 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,386,504 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Shares granted on September 22, 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,000,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 21px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;Performance shares &lt;span style="font-size: 8pt;"&gt;&lt;sup&gt;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 21px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 21px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (133,326 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 21px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Cancellation of granted shares due to termination of executive employment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (133,186 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Reclassification to assets held for sale &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (614,860 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Balance on December 31, 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 4,415,294 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
</ugp:DisclosureOfSummarizedChangesOfNumberOfRestrictedAndPerformanceSharesGrantedExplanatory>
    <ifrs-full:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement
      contextRef="I20191231_RestrictedAndPerformanceStockMember"
      decimals="0"
      id="Tag7822"
      unitRef="Shares">1738660</ifrs-full:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement>
    <ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted
      contextRef="D20201231_GrossSharesGrantDateApril12020Member_RestrictedAndPerformanceStockMember"
      decimals="0"
      id="Tag6181"
      unitRef="Shares">877788</ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted>
    <ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted
      contextRef="D20201231_GrantDateSeptember162020Member_RestrictedAndPerformanceStockMember"
      decimals="0"
      id="Tag5979"
      unitRef="Shares">700000</ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted>
    <ifrs-full:NumberOfOtherEquityInstrumentsExpiredInSharebasedPaymentArrangement
      contextRef="D20201231_RestrictedAndPerformanceStockMember"
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      id="Tag7237"
      unitRef="Shares">353294</ifrs-full:NumberOfOtherEquityInstrumentsExpiredInSharebasedPaymentArrangement>
    <ugp:NumberOfInstrumentsOtherEquityInstrumentsCancellationOfPerformanceSharesDueToTerminationOfExecutiveEmployment
      contextRef="D20201231_RestrictedAndPerformanceStockMember"
      decimals="0"
      id="Tag6081"
      unitRef="Shares">52992</ugp:NumberOfInstrumentsOtherEquityInstrumentsCancellationOfPerformanceSharesDueToTerminationOfExecutiveEmployment>
    <ifrs-full:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement
      contextRef="I20201231_RestrictedAndPerformanceStockMember"
      decimals="0"
      id="Tag5928"
      unitRef="Shares">2910162</ifrs-full:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement>
    <ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted
      contextRef="D20211231_GrantDateApril72021Member_RestrictedAndPerformanceStockMember"
      decimals="0"
      id="Tag7821"
      unitRef="Shares">1386504</ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted>
    <ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted
      contextRef="D20211231_GrantDateSeptember222021Member_RestrictedAndPerformanceStockMember"
      decimals="0"
      id="Tag6162"
      unitRef="Shares">1000000</ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted>
    <ugp:NumberOfInstrumentsOtherEquityInstrumentsCancellationOfPerformanceSharesDueToTerminationOfExecutiveEmployment
      contextRef="D20211231_RestrictedAndPerformanceStockMember"
      decimals="0"
      id="Tag6057"
      unitRef="Shares">133326</ugp:NumberOfInstrumentsOtherEquityInstrumentsCancellationOfPerformanceSharesDueToTerminationOfExecutiveEmployment>
    <ifrs-full:NumberOfOtherEquityInstrumentsExpiredInSharebasedPaymentArrangement
      contextRef="D20211231_RestrictedAndPerformanceStockMember"
      decimals="0"
      id="Tag5899"
      unitRef="Shares">133186</ifrs-full:NumberOfOtherEquityInstrumentsExpiredInSharebasedPaymentArrangement>
    <ugp:NumberOfOtherEquityInstrumentsReclassifiedToHeldForSaleInShareBasedPaymentArrangement
      contextRef="D20211231_RestrictedAndPerformanceStockMember"
      decimals="0"
      id="Tag5909"
      unitRef="Shares">-614860</ugp:NumberOfOtherEquityInstrumentsReclassifiedToHeldForSaleInShareBasedPaymentArrangement>
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      contextRef="I20211231_RestrictedAndPerformanceStockMember"
      decimals="0"
      id="Tag7230"
      unitRef="Shares">4415294</ifrs-full:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement>
    <ifrs-full:DisclosureOfIncomeTaxExplanatory contextRef="D20211231_3" id="Tag7836">
&lt;p style="margin: 0pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&lt;span style="font-weight: bold;"&gt;10&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;. Income and &lt;/span&gt;&lt;span style="font-weight: bold;"&gt;s&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;ocial &lt;/span&gt;&lt;span style="font-weight: bold;"&gt;c&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;ontribution &lt;/span&gt;&lt;span style="font-weight: bold;"&gt;t&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;axes&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;"&gt;a. Deferred income (IRPJ) and social contribution taxes (CSLL)&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;The Company and its subsidiaries recognize deferred tax assets and liabilities, which are not subject to the statute of limitations, mainly resulting from provision for differences between cash and accrual basis, tax loss carryforwards, negative tax bases and provisions for tax, civil, and labor risks. Deferred tax assets are sustained by the continued profitability of their operations. Deferred IRPJ and CSLL are recognized under the following main categories:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" style="height: 469px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Assets - deferred income and social contribution taxes on: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Provision for impairment of assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 57,924 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 75,231 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Provisions for tax, civil, and labor risks &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 188,236 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 138,516 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Provision for post-employment benefits &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 73,335 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 96,108 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Provision for differences between cash and accrual basis (i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 24,754 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 606,054 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Goodwill &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 4,825 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 5,161 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Business combination &#x2013; tax basis vs. accounting basis of goodwill &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 18,699 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 75,515 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Provision for asset retirement obligation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 16,991 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 15,728 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Provision for suppliers &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 39,364 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 49,501 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Provision for profit sharing and bonus &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 44,876 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 56,873 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Leases payable &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 41,463 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 41,932 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Change in fair value of subscription warrants &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 10,957 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 22,833 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Provision for deferred revenue &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 15,643 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 25,770 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Other provisions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,769 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 14,917 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 13px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Tax losses and negative basis for social contribution carryforwards (10.d) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 148,345 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 363,862 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 688,181 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,588,001 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 11px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 11px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Offset liability balance of deferred IRPJ and CSLL &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 11px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (116,426 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 11px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 11px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 11px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (613,290 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 11px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Net balance of deferred taxes assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 571,755 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 974,711 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Liabilities - deferred income and social contribution taxes on: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Revaluation of PP&amp;amp;E &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 408 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,776 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Leases payable &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 138 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,895 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Provision for differences between cash and accrual basis (i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 19,664 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 402,780 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Provision for goodwill &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 28,676 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 92,242 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Business combination &#x2013; fair value of assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 66,079 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 111,832 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Other provisions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,743 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 15,497 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 116,708 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 626,022 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Offset asset balance of deferred IRPJ and CSLL &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (116,426 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (613,290 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; height: 17px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 73%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Net balance of deferred taxes liabilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 282 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 12,732 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;"&gt;
&lt;tbody&gt;
&lt;tr&gt;
&lt;td style="width: 1%;"&gt;&lt;span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(i)&lt;/span&gt;&lt;/td&gt;
&lt;td style="width: 99%;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"&gt;Refers, mainly, to the income tax on the exchange variation of the&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"&gt;derivate&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"&gt;hedging instruments.&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;

&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div&gt;
&lt;div id="t_ft_N2IJ4Z3DB400000000000000000000b"&gt;

&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;Changes in the net balance of deferred IRPJ and CSLL are as follows:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_A6DW9Q2KPC00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 149px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center; font-weight: bold;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center; font-weight: bold;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center; font-weight: bold;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 58%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Initial balance &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 961,979 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 646,163 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px; width: 1%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 504,890 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Deferred IRPJ and CSLL recognized in income of the year &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 242,246 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 234,244 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; padding: 0px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; padding: 0px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;(&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;2,633 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Deferred IRPJ and CSLL of subsidiaries classified as discontinued operations &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 110,821 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (146,305 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; background-color: #cceeff; padding: 0px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; background-color: #cceeff; padding: 0px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 100,098 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Deferred IRPJ and CSLL recognized in other comprehensive income &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (11,366 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 210,034 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; padding: 0px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; padding: 0px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 40,497 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Reclassification to assets held for sale &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (728,986 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Others &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (3,221 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 17,843 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,311 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Final balance &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 571,473 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 961,979 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 646,163 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;In order to evaluate the realization of&#160;deferred tax assets, the taxable income projections from&#160;business plans of each segment of the Company which indicates trends and perspectives, demand effects, competition and other economic factors, and that represent the management&#x2019;s best estimate about the economic conditions existing during the period of realization of the deferred tax asset were taken into account.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify; font-family: 'times new roman', times; font-size: 10pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;The main key assumptions used to calculate the realization of deferred tax assets are: growth in Gross Domestic Product (&#x201c;GDP&#x201d;), exchange rate, basic interest rate (SELIC) and DI, inflation rate, commodity price index, among others. The balances of Company and its subsidiaries of R$ 688,181 were supported by the technical study on taxable profit projections for the realization of deferred tax assets.&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div&gt;
&lt;div id="t_ft_I160S9JKDC00000000000000000000b"&gt;

&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0in 0in 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; background-color: #ffffff; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', 'serif';"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;"&gt;b. Reconciliation of income and social contribution taxes&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;IRPJ and CSLL are reconciled to the statutory tax rates as follows:&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_0JEKFPBZZ400000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 283px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center; font-weight: bold;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center; font-weight: bold;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center; font-weight: bold;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center; font-weight: bold;"&gt;&lt;span style="font-size: 8pt; font-family: 'times new roman', times;"&gt;Re-Restated (i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center; font-weight: bold;"&gt;&lt;span style="font-size: 8pt; font-family: 'times new roman', times;"&gt; &lt;span style="color: #000000; font-family: 'times new roman', times; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;Re-&lt;/span&gt;Restated (i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 58%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Income before taxes &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,006,648 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 951,581 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px; background-color: #cceeff; width: 1%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px; background-color: #cceeff; width: 12%; text-align: right;"&gt;1,365,177&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Statutory tax rates &#x2013; % &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 34 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 34 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px; text-align: right;"&gt;34&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Income and social contribution taxes at the statutory tax rates &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (342,260 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (323,538 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; padding: 0px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; padding: 0px; background-color: #cceeff; text-align: right;"&gt;(464,161&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px;"&gt;&lt;span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 12px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Adjustments to the statutory income and social contribution taxes: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 12px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 12px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 12px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 12px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 12px; padding: 0px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 12px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 12px; padding: 0px; text-align: right;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 12px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 12px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Nondeductible expenses (ii) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (45,569 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (33,420 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px; background-color: #cceeff; text-align: right;"&gt;(41,690&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 17px;"&gt;&lt;span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Nontaxable revenues (iii) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,571 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,757 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px; text-align: right;"&gt;4,525&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&#160; &#160; Monetary variation (SELIC) on repetition of tax undue payments (iv)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; text-align: right; height: 17px;"&gt;136,060&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; text-align: right;"&gt;-&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px; text-align: right;"&gt;-&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Adjustment to estimated income (v) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,901 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 8,850 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px; background-color: #cceeff; text-align: right;"&gt;10,511&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Unrecorded deferred income and social contribution taxes carryforwards deferred (vi) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (5,285 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (3,166 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; padding: 0px;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; padding: 0px; text-align: right;"&gt;(3,271&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px;"&gt;&lt;span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Share of profit (loss) of subsidiaries, joint ventures and associates &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (5,995 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (14,972 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; padding: 0px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; padding: 0px; background-color: #cceeff; text-align: right;"&gt;(4,322&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px;"&gt;&lt;span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Other adjustments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 21,414 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 12,911 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px; text-align: right;"&gt;3,178&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Income and social contribution taxes before tax incentives &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (235,163 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (350,578 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; padding: 0px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; padding: 0px; background-color: #cceeff; text-align: right;"&gt;(495,230&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px;"&gt;&lt;span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Tax incentives - SUDENE &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 47,129 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 46,061 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px; text-align: right;"&gt;25,254&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Income and social contribution taxes in the income statement &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (188,034 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; border-top: 1pt solid #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (304,517 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; padding: 0px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; padding: 0px; background-color: #cceeff; text-align: right;"&gt;(469,976&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px;"&gt;&lt;span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (430,280 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (538,761 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px; text-align: right;"&gt;(467,343&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;&lt;span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Deferred &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 242,246 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 234,244 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px; background-color: #cceeff; text-align: right;"&gt;(2,633&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 17px;"&gt;&lt;span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Effective IRPJ and CSLL rates &#x2013; % &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 18.7 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 32.0 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px; text-align: right;"&gt;34.4&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/div&gt;
&lt;div id="t_ft_PKTZ3MUOWG00000000000000000000b"&gt;
&lt;table style="width: 100%; margin-left: 0.1px; height: 102px; font-family: 'times new roman'; font-size: 10pt;"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="width: 2%; height: 17px; vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(i)&lt;/span&gt;&lt;/td&gt;
&lt;td style="width: 98%; height: 17px; vertical-align: top;" valign="top"&gt;&lt;span style="border-right: none; border-left: none;"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;For more information on the restatement, see note 3.c.1.&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="height: 17px; vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(ii)&lt;/span&gt;&lt;/td&gt;
&lt;td style="height: 17px; vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;C&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;onsist&#160;of certain expenses that cannot be deducted for tax purposes under applicable tax legislation, such as expenses with fines, donations, gifts, losses of assets&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;negative effects of foreign subsidiaries&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;and certain provisions&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="height: 17px; vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(iii)&lt;/span&gt;&lt;/td&gt;
&lt;td style="height: 17px; vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;C&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;onsist&#160;of certain gains and income that are not taxable under applicable tax legislation, such as the reimbursement of taxes and the reversal of certain provisions&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="height: 17px; vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(iv)&lt;/span&gt;&lt;/td&gt;
&lt;td style="height: 17px; vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;Refers to amounts related to non-taxation of IRPJ/CSLL on monetary variation (SELIC) in the repetition of undue tax lawsuits (see note 10.e).&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="height: 17px; vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(v)&lt;/span&gt;&lt;/td&gt;
&lt;td style="height: 17px; vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;Brazilian tax law allows for an alternative method of taxation for companies that generated gross revenues of up to R$&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;78&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;&#160;million in their previous fiscal year. Certain subsidiaries of the Company adopted this alternative form of taxation, whereby income and social contribution taxes are calculated on a basis equal to 32% of operating revenues, as opposed to being calculated based on the effective taxable income of these subsidiaries. The&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;adjustment to estimated income represents the&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;difference between the taxation under this alternative method and the income and social contribution taxes that would have been pa&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;id&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;&#160;based on the effective statutory rate applied to the taxable income of these subsidiaries&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; height: 17px;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(vi)&lt;/span&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;" valign="top"&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;See Note 10.d&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;

&lt;div&gt;
&lt;div id="t_ft_HQ5EDQLW6800000000000000000000b"&gt;

&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0in 0in 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; background-color: #ffffff; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', 'serif';"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;c. Tax &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;i&lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;ncentives &#x2013; SUDENE&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;For belonging to the sectors of the economy considered priority for the subsidized areas, under the terms of the development program of region operated by the Superintendence for the Development of the Northeast (&#x201c;SUDENE&#x201d;), the following subsidiaries, in compliance with the current law have entitled to federal tax benefits providing for IRPJ reduction under:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" style="height: 159px; border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: bottom; width: 49%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Subsidiary &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; width: 15%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Units &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; width: 15%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Incentive - % &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; width: 15%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Expiration &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 49%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Bahiana Distribuidora de G&#xe1;s Ltda. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 15%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Mataripe base &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 15%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 75 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; background-color: #cceeff; text-align: left; width: 15%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2024 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: bottom; height: 17px; width: 49%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; width: 15%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Caucaia base &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; width: 15%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 75 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; text-align: right; width: 15%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2025 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 49%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 15%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Juazeiro base &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 15%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 75 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; background-color: #cceeff; text-align: right; width: 15%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2026 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: bottom; height: 17px; width: 49%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; width: 15%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Aracaju base &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; width: 15%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 75 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; text-align: left; width: 15%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2027 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 49%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 15%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Suape base &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 15%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 75 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; background-color: #cceeff; text-align: left; width: 15%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2027 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="vertical-align: bottom; height: 19px; width: 49%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &lt;span style="border-left: none; border-right: none;"&gt;Ultracargo Log&#xed;stica S.A.&lt;/span&gt; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; width: 15%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;Suape terminal&#160;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; width: 15%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 75 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; text-align: left; width: 15%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2030 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; height: 19px; background-color: #cceeff; width: 49%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; background-color: #cceeff; width: 15%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Aratu terminal &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; background-color: #cceeff; width: 15%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 75 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; background-color: #cceeff; text-align: left; width: 15%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2022 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="vertical-align: bottom; height: 19px; width: 49%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; width: 15%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;Itaqui terminal&#160;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; width: 15%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 75 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; text-align: left; width: 15%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; 2030 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;"&gt;d. Income and social contribution taxes carryforwards&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify; font-family: 'times new roman', times; font-size: 10pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;As of December 31, 2021, the Company and certain subsidiaries had tax loss carryforwards related to income tax (IRPJ) and negative basis of CSLL, whose compensations are limited to 30% of taxable income in a given tax year, which do not expire.&lt;/span&gt;&lt;/p&gt;
&lt;div&gt;
&lt;div id="t_ft_9006NW8NUO00000000000000000000b"&gt;

&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0in 0in 0.0001pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; background-color: #ffffff; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', 'serif';"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;div style="border-right: none; border-left: none;"&gt;

&lt;div style="border-right: none; border-left: none;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The balances which are constituted of deferred taxes related to income tax loss &lt;/span&gt;carryforwards&lt;span style="font-family: 'Times New Roman';"&gt; and negative basis of social contribution base are as follows:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_4R0G1492DC00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto; height: 205px;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 70.5455%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.81818%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 2%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.81818%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; width: 70.5455%; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Oil Trading &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; width: 12%; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 53,839 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; width: 1.81818%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 2%; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; width: 12%; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; width: 1.81818%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 70.5455%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Ultrapar (i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 43,441 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.81818%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 27,736 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.81818%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 70.5455%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Abastece a&#xed; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 41,065 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.81818%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 2%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 7,362 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.81818%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 70.5455%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Tequimar Vila do conde &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 9,861 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.81818%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 489 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.81818%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 70.5455%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Ultracargo &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 139 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.81818%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 2%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 107 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.81818%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 70.5455%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Oxiteno S.A. (ii) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.81818%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 205,604 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.81818%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 70.5455%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Ipiranga &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.81818%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 2%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 44,537 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.81818%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 70.5455%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Iconic &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.81818%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 5,691 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.81818%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 70.5455%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Extrafarna (ii) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.81818%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 2%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 72,318 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.81818%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 70.5455%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; UVC Investimentos &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.81818%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 18 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.81818%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 70.5455%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 148,345 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 18px; width: 1.81818%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 2%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 363,862 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 1.81818%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_HU0A6M2EW000000000000000000000b"&gt;
&lt;table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;"&gt;
&lt;tbody&gt;
&lt;tr&gt;
&lt;td style="width: 2%; vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(i)&lt;/span&gt;&lt;/td&gt;
&lt;td style="width: 98%; vertical-align: top;" valign="top"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;Considers the amount of R$ 8,510 of deferred taxes recognized on the tax loss of subsidiary&#160;&lt;/span&gt;Ultrapar&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;&#160;International as of December 31, 2021 (R$ 7,659 as of December 31, 2020).&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td style="vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(ii)&lt;/span&gt;&lt;/td&gt;
&lt;td style="vertical-align: top;" valign="top"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"&gt;As&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"&gt;of&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"&gt;&#160;December 31, 2021, the amounts of R$ 247,912 and R$ 72,318, referring to the balances constituted on deferred charges related to IRPJ tax losses and negative CSLL bases for the subsidiaries&#160;Oxiteno&#160;S&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"&gt;.&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"&gt;A&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"&gt;.&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"&gt;&#160;and&#160;Extrafarma, respectively, were reclassified to assets held for sale.&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 2pt 0pt 0pt 14.2pt; text-align: justify; text-indent: -14.2pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The balances which are not constituted of deferred taxes related to income tax loss carryforwards and negative basis of social contribution base are as follows:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_WWSXT64HWW00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 85px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 72.8395%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.8395%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Extrafarma &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 312,521 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 294,400 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 72.8395%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Integra Frotas &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 11,769 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 7,802 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.8395%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Millennium &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,174 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 640 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 72.8395%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 327,464 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 302,842 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;

&lt;/div&gt;
&lt;p style="font-size: 11pt; line-height: 115%; text-align: justify; margin-top: 10pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;e&lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;. &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;Non-incidence of IRPJ/CSLL on the update by Selic of tax undue payments received from the Federal Government&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify; margin-top: 10pt;"&gt;&lt;span style="margin: 0pt; text-align: justify; font-family: 'times new roman', times; font-size: 10pt;"&gt;The Company and its subsidiaries have lawsuits claiming the non-incidence of IRPJ and CSLL on monetary variation (SELIC) on tax credits. On September 27, 2021, the Federal Supreme Court judged that the incidence of IRPJ and CSLL on amounts related to monetary variation (SELIC) received by taxpayers in the repetition of tax undue payments is unconstitutional. The Company and its subsidiaries recognized a tax credit of R$ 106,667 related to this topic. On December 31, 2021, the amount of R$ 74,243 related to the subsidiaries Extrafarma, Oxiteno S.A., Oleoqu&#xed;mica and EMCA, was reclassified to assets held for sale.&#160;&#160;&lt;/span&gt;&lt;/p&gt;
</ifrs-full:DisclosureOfIncomeTaxExplanatory>
    <ifrs-full:DisclosureOfDeferredTaxesExplanatory contextRef="D20211231_3" id="Tag6388">
&lt;table cellpadding="0" style="height: 469px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Assets - deferred income and social contribution taxes on: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Provision for impairment of assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 57,924 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 75,231 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Provisions for tax, civil, and labor risks &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 188,236 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 138,516 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Provision for post-employment benefits &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 73,335 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 96,108 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Provision for differences between cash and accrual basis (i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 24,754 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 606,054 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Goodwill &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 4,825 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 5,161 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Business combination &#x2013; tax basis vs. accounting basis of goodwill &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 18,699 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 75,515 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Provision for asset retirement obligation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 16,991 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 15,728 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Provision for suppliers &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 39,364 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 49,501 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Provision for profit sharing and bonus &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 44,876 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 56,873 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Leases payable &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 41,463 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 41,932 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Change in fair value of subscription warrants &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 10,957 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 22,833 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Provision for deferred revenue &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 15,643 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 25,770 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Other provisions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,769 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 14,917 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 13px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Tax losses and negative basis for social contribution carryforwards (10.d) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 148,345 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 363,862 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 688,181 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,588,001 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 11px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 11px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Offset liability balance of deferred IRPJ and CSLL &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 11px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (116,426 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 11px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 11px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 11px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (613,290 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 11px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Net balance of deferred taxes assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 571,755 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 974,711 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Liabilities - deferred income and social contribution taxes on: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Revaluation of PP&amp;amp;E &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 408 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,776 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Leases payable &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 138 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,895 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Provision for differences between cash and accrual basis (i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 19,664 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 402,780 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Provision for goodwill &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 28,676 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 92,242 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Business combination &#x2013; fair value of assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 66,079 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 111,832 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Other provisions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,743 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 15,497 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 116,708 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 626,022 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Offset asset balance of deferred IRPJ and CSLL &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (116,426 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (613,290 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; height: 17px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 73%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Net balance of deferred taxes liabilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 282 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 12,732 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;

&lt;table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;"&gt;
&lt;tbody&gt;
&lt;tr&gt;
&lt;td style="width: 1%;"&gt;&lt;span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(i)&lt;/span&gt;&lt;/td&gt;
&lt;td style="width: 99%;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"&gt;Refers, mainly, to the income tax on the exchange variation of the&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"&gt;derivate&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"&gt;hedging instruments.&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
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&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;Changes in the net balance of deferred IRPJ and CSLL are as follows:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_A6DW9Q2KPC00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 149px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center; font-weight: bold;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center; font-weight: bold;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center; font-weight: bold;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 58%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Initial balance &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 961,979 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 646,163 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px; width: 1%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 504,890 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Deferred IRPJ and CSLL recognized in income of the year &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 242,246 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 234,244 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; padding: 0px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; padding: 0px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;(&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;2,633 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Deferred IRPJ and CSLL of subsidiaries classified as discontinued operations &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 110,821 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (146,305 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; background-color: #cceeff; padding: 0px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; background-color: #cceeff; padding: 0px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 100,098 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Deferred IRPJ and CSLL recognized in other comprehensive income &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (11,366 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 210,034 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; padding: 0px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; padding: 0px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 40,497 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Reclassification to assets held for sale &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (728,986 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Others &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (3,221 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 17,843 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,311 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Final balance &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 571,473 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 961,979 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 646,163 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
</ugp:SummaryOfChangesInBalanceOfDeferredTaxesTableTextBlock>
    <ifrs-full:DeferredTaxLiabilityAsset
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&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;IRPJ and CSLL are reconciled to the statutory tax rates as follows:&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_0JEKFPBZZ400000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 283px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center; font-weight: bold;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center; font-weight: bold;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center; font-weight: bold;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center; font-weight: bold;"&gt;&lt;span style="font-size: 8pt; font-family: 'times new roman', times;"&gt;Re-Restated (i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center; font-weight: bold;"&gt;&lt;span style="font-size: 8pt; font-family: 'times new roman', times;"&gt; &lt;span style="color: #000000; font-family: 'times new roman', times; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;Re-&lt;/span&gt;Restated (i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 58%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Income before taxes &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,006,648 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 951,581 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px; background-color: #cceeff; width: 1%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px; background-color: #cceeff; width: 12%; text-align: right;"&gt;1,365,177&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Statutory tax rates &#x2013; % &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 34 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 34 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px; text-align: right;"&gt;34&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Income and social contribution taxes at the statutory tax rates &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (342,260 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (323,538 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; padding: 0px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; padding: 0px; background-color: #cceeff; text-align: right;"&gt;(464,161&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px;"&gt;&lt;span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 12px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Adjustments to the statutory income and social contribution taxes: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 12px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 12px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 12px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 12px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 12px; padding: 0px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 12px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 12px; padding: 0px; text-align: right;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 12px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 12px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Nondeductible expenses (ii) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (45,569 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (33,420 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px; background-color: #cceeff; text-align: right;"&gt;(41,690&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 17px;"&gt;&lt;span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Nontaxable revenues (iii) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,571 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,757 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px; text-align: right;"&gt;4,525&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&#160; &#160; Monetary variation (SELIC) on repetition of tax undue payments (iv)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; text-align: right; height: 17px;"&gt;136,060&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; text-align: right;"&gt;-&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px; text-align: right;"&gt;-&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Adjustment to estimated income (v) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,901 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 8,850 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px; background-color: #cceeff; text-align: right;"&gt;10,511&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Unrecorded deferred income and social contribution taxes carryforwards deferred (vi) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (5,285 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (3,166 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; padding: 0px;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; padding: 0px; text-align: right;"&gt;(3,271&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px;"&gt;&lt;span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Share of profit (loss) of subsidiaries, joint ventures and associates &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (5,995 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (14,972 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; padding: 0px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; padding: 0px; background-color: #cceeff; text-align: right;"&gt;(4,322&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px;"&gt;&lt;span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Other adjustments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 21,414 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 12,911 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px; text-align: right;"&gt;3,178&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Income and social contribution taxes before tax incentives &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (235,163 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (350,578 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; padding: 0px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; padding: 0px; background-color: #cceeff; text-align: right;"&gt;(495,230&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px;"&gt;&lt;span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Tax incentives - SUDENE &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 47,129 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 46,061 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px; text-align: right;"&gt;25,254&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Income and social contribution taxes in the income statement &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (188,034 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; border-top: 1pt solid #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (304,517 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; padding: 0px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; padding: 0px; background-color: #cceeff; text-align: right;"&gt;(469,976&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px;"&gt;&lt;span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (430,280 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (538,761 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px; text-align: right;"&gt;(467,343&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;&lt;span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Deferred &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 242,246 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 234,244 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px; background-color: #cceeff; text-align: right;"&gt;(2,633&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 17px;"&gt;&lt;span style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Effective IRPJ and CSLL rates &#x2013; % &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 18.7 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 32.0 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px; text-align: right;"&gt;34.4&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/div&gt;
&lt;div id="t_ft_PKTZ3MUOWG00000000000000000000b"&gt;
&lt;table style="width: 100%; margin-left: 0.1px; height: 102px; font-family: 'times new roman'; font-size: 10pt;"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="width: 2%; height: 17px; vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(i)&lt;/span&gt;&lt;/td&gt;
&lt;td style="width: 98%; height: 17px; vertical-align: top;" valign="top"&gt;&lt;span style="border-right: none; border-left: none;"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;For more information on the restatement, see note 3.c.1.&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="height: 17px; vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(ii)&lt;/span&gt;&lt;/td&gt;
&lt;td style="height: 17px; vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;C&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;onsist&#160;of certain expenses that cannot be deducted for tax purposes under applicable tax legislation, such as expenses with fines, donations, gifts, losses of assets&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;negative effects of foreign subsidiaries&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;and certain provisions&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="height: 17px; vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(iii)&lt;/span&gt;&lt;/td&gt;
&lt;td style="height: 17px; vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;C&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;onsist&#160;of certain gains and income that are not taxable under applicable tax legislation, such as the reimbursement of taxes and the reversal of certain provisions&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="height: 17px; vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(iv)&lt;/span&gt;&lt;/td&gt;
&lt;td style="height: 17px; vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;Refers to amounts related to non-taxation of IRPJ/CSLL on monetary variation (SELIC) in the repetition of undue tax lawsuits (see note 10.e).&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="height: 17px; vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(v)&lt;/span&gt;&lt;/td&gt;
&lt;td style="height: 17px; vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;Brazilian tax law allows for an alternative method of taxation for companies that generated gross revenues of up to R$&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;78&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;&#160;million in their previous fiscal year. Certain subsidiaries of the Company adopted this alternative form of taxation, whereby income and social contribution taxes are calculated on a basis equal to 32% of operating revenues, as opposed to being calculated based on the effective taxable income of these subsidiaries. The&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;adjustment to estimated income represents the&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;difference between the taxation under this alternative method and the income and social contribution taxes that would have been pa&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;id&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;&#160;based on the effective statutory rate applied to the taxable income of these subsidiaries&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; height: 17px;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(vi)&lt;/span&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;" valign="top"&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;See Note 10.d&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
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      xsi:nil="true"/>
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      unitRef="BRL">3901000</ugp:TaxEffectOfAdjustmentToEstimatedIncome>
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      unitRef="BRL">8850000</ugp:TaxEffectOfAdjustmentToEstimatedIncome>
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    <ugp:TaxEffectOfUnrecordedDeferredIncomeAndSocialContributionTaxesCarryforwardsDeferred
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      unitRef="BRL">5285000</ugp:TaxEffectOfUnrecordedDeferredIncomeAndSocialContributionTaxesCarryforwardsDeferred>
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      id="Tag7820"
      unitRef="BRL">3271000</ugp:TaxEffectOfUnrecordedDeferredIncomeAndSocialContributionTaxesCarryforwardsDeferred>
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      decimals="-3"
      id="Tag4739"
      unitRef="BRL">5995000</ugp:TaxEffectOfShareOfProfitLossOfSubsidiariesJointVenturesAndAssociates>
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      contextRef="D20201231_3"
      decimals="-3"
      id="Tag4721"
      unitRef="BRL">14972000</ugp:TaxEffectOfShareOfProfitLossOfSubsidiariesJointVenturesAndAssociates>
    <ugp:TaxEffectOfShareOfProfitLossOfSubsidiariesJointVenturesAndAssociates
      contextRef="D20191231"
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      id="Tag4736"
      unitRef="BRL">4322000</ugp:TaxEffectOfShareOfProfitLossOfSubsidiariesJointVenturesAndAssociates>
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      contextRef="D20211231_3"
      decimals="-3"
      id="Tag4859"
      unitRef="BRL">-21414000</ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome>
    <ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome
      contextRef="D20201231_3"
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      id="Tag4856"
      unitRef="BRL">-12911000</ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome>
    <ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome
      contextRef="D20191231"
      decimals="-3"
      id="Tag4931"
      unitRef="BRL">-3178000</ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome>
    <ugp:IncomeAndSocialContributionTaxesBeforeTaxIncentives
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      decimals="-3"
      id="Tag5813"
      unitRef="BRL">235163000</ugp:IncomeAndSocialContributionTaxesBeforeTaxIncentives>
    <ugp:IncomeAndSocialContributionTaxesBeforeTaxIncentives
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag7206"
      unitRef="BRL">350578000</ugp:IncomeAndSocialContributionTaxesBeforeTaxIncentives>
    <ugp:IncomeAndSocialContributionTaxesBeforeTaxIncentives
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      decimals="-3"
      id="Tag4725"
      unitRef="BRL">495230000</ugp:IncomeAndSocialContributionTaxesBeforeTaxIncentives>
    <ugp:TaxEffectOfTaxIncentives
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      decimals="-3"
      id="Tag7208"
      unitRef="BRL">47129000</ugp:TaxEffectOfTaxIncentives>
    <ugp:TaxEffectOfTaxIncentives
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      decimals="-3"
      id="Tag4722"
      unitRef="BRL">46061000</ugp:TaxEffectOfTaxIncentives>
    <ugp:TaxEffectOfTaxIncentives
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      decimals="-3"
      id="Tag4805"
      unitRef="BRL">25254000</ugp:TaxEffectOfTaxIncentives>
    <ifrs-full:IncomeTaxExpenseContinuingOperations
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      decimals="-3"
      id="Tag141"
      unitRef="BRL">188034000</ifrs-full:IncomeTaxExpenseContinuingOperations>
    <ifrs-full:IncomeTaxExpenseContinuingOperations
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      decimals="-3"
      id="Tag4861"
      unitRef="BRL">304517000</ifrs-full:IncomeTaxExpenseContinuingOperations>
    <ifrs-full:IncomeTaxExpenseContinuingOperations
      contextRef="D20191231"
      decimals="-3"
      id="Tag4379"
      unitRef="BRL">469976000</ifrs-full:IncomeTaxExpenseContinuingOperations>
    <ifrs-full:CurrentTaxExpenseIncome
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag4906"
      unitRef="BRL">430280000</ifrs-full:CurrentTaxExpenseIncome>
    <ifrs-full:CurrentTaxExpenseIncome
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag4713"
      unitRef="BRL">538761000</ifrs-full:CurrentTaxExpenseIncome>
    <ifrs-full:CurrentTaxExpenseIncome
      contextRef="D20191231"
      decimals="-3"
      id="Tag4796"
      unitRef="BRL">467343000</ifrs-full:CurrentTaxExpenseIncome>
    <ifrs-full:DeferredTaxExpenseIncome
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      id="Tag4710"
      unitRef="BRL">-242246000</ifrs-full:DeferredTaxExpenseIncome>
    <ifrs-full:DeferredTaxExpenseIncome
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      id="Tag4864"
      unitRef="BRL">-234244000</ifrs-full:DeferredTaxExpenseIncome>
    <ifrs-full:DeferredTaxExpenseIncome
      contextRef="D20191231"
      decimals="-3"
      id="Tag4672"
      unitRef="BRL">2633000</ifrs-full:DeferredTaxExpenseIncome>
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      decimals="3"
      id="Tag139"
      unitRef="Pure">0.187</ifrs-full:AverageEffectiveTaxRate>
    <ifrs-full:AverageEffectiveTaxRate
      contextRef="D20201231_3"
      decimals="3"
      id="Tag4810"
      unitRef="Pure">0.32</ifrs-full:AverageEffectiveTaxRate>
    <ifrs-full:AverageEffectiveTaxRate
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      decimals="3"
      id="Tag4855"
      unitRef="Pure">0.344</ifrs-full:AverageEffectiveTaxRate>
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      decimals="-6"
      id="Tag4815"
      unitRef="BRL">78000000</ugp:ThresholdAmountOfGrossRevenueForCalculationOfAlternativeMethodOfTaxationForCompanies>
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      decimals="2"
      id="Tag4900"
      unitRef="Pure">0.32</ugp:PercentageOfOperatingRevenuesForCalculationOfAlternativeMethodOfTaxationForCompanies>
    <ugp:SummaryOfTaxIncentivesTableTextBlock contextRef="D20211231_3" id="Tag7204">the following subsidiaries, in compliance with the current law have entitled to federal tax benefits providing for IRPJ reduction under:
&lt;table cellpadding="0" style="height: 159px; border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: bottom; width: 49%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Subsidiary &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; width: 15%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Units &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; width: 15%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Incentive - % &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; width: 15%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Expiration &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 49%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Bahiana Distribuidora de G&#xe1;s Ltda. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 15%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Mataripe base &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 15%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 75 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; background-color: #cceeff; text-align: left; width: 15%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2024 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: bottom; height: 17px; width: 49%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; width: 15%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Caucaia base &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; width: 15%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 75 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; text-align: right; width: 15%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2025 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 49%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 15%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Juazeiro base &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 15%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 75 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; background-color: #cceeff; text-align: right; width: 15%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2026 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: bottom; height: 17px; width: 49%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; width: 15%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Aracaju base &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; width: 15%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 75 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; text-align: left; width: 15%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2027 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 49%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 15%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Suape base &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 15%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 75 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; background-color: #cceeff; text-align: left; width: 15%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2027 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="vertical-align: bottom; height: 19px; width: 49%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &lt;span style="border-left: none; border-right: none;"&gt;Ultracargo Log&#xed;stica S.A.&lt;/span&gt; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; width: 15%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;Suape terminal&#160;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; width: 15%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 75 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; text-align: left; width: 15%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2030 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; height: 19px; background-color: #cceeff; width: 49%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; background-color: #cceeff; width: 15%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Aratu terminal &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; background-color: #cceeff; width: 15%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 75 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; background-color: #cceeff; text-align: left; width: 15%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2022 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="vertical-align: bottom; height: 19px; width: 49%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; width: 15%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;Itaqui terminal&#160;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; width: 15%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 75 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 19px; text-align: left; width: 15%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; 2030 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
</ugp:SummaryOfTaxIncentivesTableTextBlock>
    <ifrs-full:NameOfSubsidiary
      contextRef="D20211231_BahianaDistribuidoraDeGasLtdaMember"
      id="Tag4673">Bahiana Distribuidora de G&#xe1;s Ltda.</ifrs-full:NameOfSubsidiary>
    <ugp:BusinessUnit
      contextRef="D20211231_BahianaDistribuidoraDeGasLtdaMember_MataripeBaseMember"
      id="Tag7216">Mataripe base</ugp:BusinessUnit>
    <ugp:IncentivePercentage
      contextRef="D20211231_BahianaDistribuidoraDeGasLtdaMember_MataripeBaseMember"
      decimals="2"
      id="Tag7196"
      unitRef="Pure">0.75</ugp:IncentivePercentage>
    <ugp:ExpirationYear
      contextRef="D20211231_BahianaDistribuidoraDeGasLtdaMember_MataripeBaseMember"
      id="Tag4671">2024</ugp:ExpirationYear>
    <ugp:BusinessUnit
      contextRef="D20211231_BahianaDistribuidoraDeGasLtdaMember_CaucaiaBaseMember"
      id="Tag7210">Caucaia base</ugp:BusinessUnit>
    <ugp:IncentivePercentage
      contextRef="D20211231_BahianaDistribuidoraDeGasLtdaMember_CaucaiaBaseMember"
      decimals="2"
      id="Tag4705"
      unitRef="Pure">0.75</ugp:IncentivePercentage>
    <ugp:ExpirationYear
      contextRef="D20211231_BahianaDistribuidoraDeGasLtdaMember_CaucaiaBaseMember"
      id="Tag4896">2025</ugp:ExpirationYear>
    <ugp:BusinessUnit
      contextRef="D20211231_BahianaDistribuidoraDeGasLtdaMember_JuazeiroBaseMember"
      id="Tag4377">Juazeiro base</ugp:BusinessUnit>
    <ugp:IncentivePercentage
      contextRef="D20211231_BahianaDistribuidoraDeGasLtdaMember_JuazeiroBaseMember"
      decimals="2"
      id="Tag4723"
      unitRef="Pure">0.75</ugp:IncentivePercentage>
    <ugp:ExpirationYear
      contextRef="D20211231_BahianaDistribuidoraDeGasLtdaMember_JuazeiroBaseMember"
      id="Tag4380">2026</ugp:ExpirationYear>
    <ugp:BusinessUnit
      contextRef="D20211231_BahianaDistribuidoraDeGasLtdaMember_AracajuBaseMember"
      id="Tag4789">Aracaju base</ugp:BusinessUnit>
    <ugp:IncentivePercentage
      contextRef="D20211231_BahianaDistribuidoraDeGasLtdaMember_AracajuBaseMember"
      decimals="2"
      id="Tag4794"
      unitRef="Pure">0.75</ugp:IncentivePercentage>
    <ugp:ExpirationYear
      contextRef="D20211231_BahianaDistribuidoraDeGasLtdaMember_AracajuBaseMember"
      id="Tag5817">2027</ugp:ExpirationYear>
    <ugp:BusinessUnit
      contextRef="D20211231_BahianaDistribuidoraDeGasLtdaMember_SuapeBaseMember"
      id="Tag160">Suape base</ugp:BusinessUnit>
    <ugp:IncentivePercentage
      contextRef="D20211231_BahianaDistribuidoraDeGasLtdaMember_SuapeBaseMember"
      decimals="2"
      id="Tag5814"
      unitRef="Pure">0.75</ugp:IncentivePercentage>
    <ugp:ExpirationYear
      contextRef="D20211231_BahianaDistribuidoraDeGasLtdaMember_SuapeBaseMember"
      id="Tag7197">2027</ugp:ExpirationYear>
    <ugp:BusinessUnit
      contextRef="D20211231_UltracargoLogisticaSAMember_SuapeTerminalMember"
      id="Tag7199">Suape terminal</ugp:BusinessUnit>
    <ugp:IncentivePercentage
      contextRef="D20211231_UltracargoLogisticaSAMember_SuapeTerminalMember"
      decimals="2"
      id="Tag4730"
      unitRef="Pure">0.75</ugp:IncentivePercentage>
    <ugp:ExpirationYear
      contextRef="D20211231_UltracargoLogisticaSAMember_SuapeTerminalMember"
      id="Tag4935">2030</ugp:ExpirationYear>
    <ugp:BusinessUnit
      contextRef="D20211231_UltracargoLogisticaSAMember_AratuTerminalMember"
      id="Tag4902">Aratu terminal</ugp:BusinessUnit>
    <ugp:IncentivePercentage
      contextRef="D20211231_UltracargoLogisticaSAMember_AratuTerminalMember"
      decimals="2"
      id="Tag4866"
      unitRef="Pure">0.75</ugp:IncentivePercentage>
    <ugp:ExpirationYear
      contextRef="D20211231_UltracargoLogisticaSAMember_AratuTerminalMember"
      id="Tag4854">2022</ugp:ExpirationYear>
    <ugp:BusinessUnit
      contextRef="D20211231_UltracargoLogisticaSAMember_ItaquiTerminalMember"
      id="Tag4738">Itaqui terminal</ugp:BusinessUnit>
    <ugp:IncentivePercentage
      contextRef="D20211231_UltracargoLogisticaSAMember_ItaquiTerminalMember"
      decimals="2"
      id="Tag7212"
      unitRef="Pure">0.75</ugp:IncentivePercentage>
    <ugp:ExpirationYear
      contextRef="D20211231_UltracargoLogisticaSAMember_ItaquiTerminalMember"
      id="Tag4850">2030</ugp:ExpirationYear>
    <ugp:ThresholdPercentageOfTaxableIncomeForIndefiniteExpirationOfTaxLossCarryforwards
      contextRef="D20211231_3"
      decimals="2"
      id="Tag4804"
      unitRef="Pure">0.30</ugp:ThresholdPercentageOfTaxableIncomeForIndefiniteExpirationOfTaxLossCarryforwards>
    <ugp:DisclosureOfDeferredIncomeAndSocialContributionTaxAssetsExplanatoryTextBlock contextRef="D20211231_3" id="Tag6386">
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The balances which are constituted of deferred taxes related to income tax loss &lt;/span&gt;carryforwards&lt;span style="font-family: 'Times New Roman';"&gt; and negative basis of social contribution base are as follows:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_4R0G1492DC00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto; height: 205px;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 70.5455%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.81818%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 2%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.81818%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; width: 70.5455%; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Oil Trading &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; width: 12%; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 53,839 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; width: 1.81818%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 2%; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; width: 12%; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; width: 1.81818%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 70.5455%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Ultrapar (i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 43,441 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.81818%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 27,736 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.81818%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 70.5455%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Abastece a&#xed; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 41,065 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.81818%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 2%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 7,362 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.81818%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 70.5455%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Tequimar Vila do conde &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 9,861 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.81818%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 489 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.81818%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 70.5455%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Ultracargo &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 139 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.81818%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 2%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 107 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.81818%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 70.5455%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Oxiteno S.A. (ii) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.81818%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 205,604 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.81818%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 70.5455%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Ipiranga &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.81818%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 2%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 44,537 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.81818%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 70.5455%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Iconic &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.81818%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 5,691 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.81818%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 70.5455%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Extrafarna (ii) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.81818%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 2%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 72,318 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.81818%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 70.5455%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; UVC Investimentos &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.81818%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 18 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.81818%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 70.5455%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 148,345 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 18px; width: 1.81818%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 2%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 363,862 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 1.81818%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_HU0A6M2EW000000000000000000000b"&gt;
&lt;table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;"&gt;
&lt;tbody&gt;
&lt;tr&gt;
&lt;td style="width: 2%; vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(i)&lt;/span&gt;&lt;/td&gt;
&lt;td style="width: 98%; vertical-align: top;" valign="top"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;Considers the amount of R$ 8,510 of deferred taxes recognized on the tax loss of subsidiary&#160;&lt;/span&gt;Ultrapar&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;&#160;International as of December 31, 2021 (R$ 7,659 as of December 31, 2020).&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td style="vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(ii)&lt;/span&gt;&lt;/td&gt;
&lt;td style="vertical-align: top;" valign="top"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"&gt;As&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"&gt;of&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"&gt;&#160;December 31, 2021, the amounts of R$ 247,912 and R$ 72,318, referring to the balances constituted on deferred charges related to IRPJ tax losses and negative CSLL bases for the subsidiaries&#160;Oxiteno&#160;S&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"&gt;.&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"&gt;A&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"&gt;.&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -18.9333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"&gt;&#160;and&#160;Extrafarma, respectively, were reclassified to assets held for sale.&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 2pt 0pt 0pt 14.2pt; text-align: justify; text-indent: -14.2pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The balances which are not constituted of deferred taxes related to income tax loss carryforwards and negative basis of social contribution base are as follows:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_WWSXT64HWW00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 85px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 72.8395%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.8395%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Extrafarma &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 312,521 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 294,400 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 72.8395%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Integra Frotas &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 11,769 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 7,802 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.8395%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Millennium &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,174 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 640 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 72.8395%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 327,464 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 302,842 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
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&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 54,327 &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.22324%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9266%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 30,400 &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"&gt;&lt;br/&gt;&lt;/td&gt;
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&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.6809%;"&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22324%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9266%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 17,752 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.6809%;"&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0285%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 4,399 &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.22324%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9266%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 9,900 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.6809%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Insurance premiums &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0285%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 26,917 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22324%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9266%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 58,675 &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"&gt;&lt;br/&gt;&lt;/td&gt;
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&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.6809%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Software maintenance &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0285%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 19,863 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.22324%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9266%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 24,233 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.6809%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Employee benefits &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0285%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 8,362 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22324%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9266%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 8,924 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.6809%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; IPVA and IPTU &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0285%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,553 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.22324%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9266%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,632 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 72.6809%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Contribution - private pension fund (see Note 21.a) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 12.0285%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 19,831 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.22324%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 11.9266%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 36,068 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.6809%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Other prepaid expenses &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 12.0285%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 5,730 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.22324%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 11.9266%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 14,045 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: rgb(204, 238, 255); width: 1.01937%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.6809%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 12.0285%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 169,392 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22324%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 11.9266%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 202,629 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.6809%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0285%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 98,024 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.22324%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9266%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 132,122 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.6809%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Non-current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0285%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 71,368 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22324%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9266%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 70,507 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;

</ifrs-full:DisclosureOfPrepaymentsAndOtherAssetsExplanatory>
    <ugp:SummaryOfPrepaidExpensesTableTextBlock contextRef="D20211231_3" id="Tag1868">
&lt;table cellpadding="0" style="height: 223px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.6809%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 12.0285%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.01937%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.22324%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9266%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.01937%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.6809%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Rents &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0285%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 54,327 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.22324%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9266%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 30,400 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.6809%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Advertising and publicity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0285%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 28,410 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22324%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9266%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 17,752 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.6809%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Deferred stock plan, net &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0285%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 4,399 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.22324%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9266%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 9,900 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.6809%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Insurance premiums &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0285%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 26,917 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22324%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9266%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 58,675 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.6809%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Software maintenance &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0285%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 19,863 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.22324%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9266%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 24,233 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.6809%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Employee benefits &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0285%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 8,362 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22324%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9266%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 8,924 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.6809%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; IPVA and IPTU &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0285%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,553 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.22324%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9266%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,632 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 72.6809%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Contribution - private pension fund (see Note 21.a) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 12.0285%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 19,831 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 1.22324%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px; width: 11.9266%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 36,068 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.6809%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Other prepaid expenses &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 12.0285%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 5,730 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.22324%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 11.9266%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 14,045 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: rgb(204, 238, 255); width: 1.01937%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.6809%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 12.0285%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 169,392 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22324%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 11.9266%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 202,629 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.6809%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0285%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 98,024 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.22324%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9266%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 132,122 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01937%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.6809%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Non-current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0285%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 71,368 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22324%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9266%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 70,507 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.01937%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
</ugp:SummaryOfPrepaidExpensesTableTextBlock>
    <ugp:PrepaidRentExpense
      contextRef="I20211231"
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      id="Tag1893"
      unitRef="BRL">54327000</ugp:PrepaidRentExpense>
    <ugp:PrepaidRentExpense
      contextRef="I20201231"
      decimals="-3"
      id="Tag1881"
      unitRef="BRL">30400000</ugp:PrepaidRentExpense>
    <ugp:PrepaidAdvertisingExpense
      contextRef="I20211231"
      decimals="-3"
      id="Tag1892"
      unitRef="BRL">28410000</ugp:PrepaidAdvertisingExpense>
    <ugp:PrepaidAdvertisingExpense
      contextRef="I20201231"
      decimals="-3"
      id="Tag1880"
      unitRef="BRL">17752000</ugp:PrepaidAdvertisingExpense>
    <ugp:PrepaidDeferredStockPlanExpense
      contextRef="I20211231"
      decimals="-3"
      id="Tag1891"
      unitRef="BRL">4399000</ugp:PrepaidDeferredStockPlanExpense>
    <ugp:PrepaidDeferredStockPlanExpense
      contextRef="I20201231"
      decimals="-3"
      id="Tag1879"
      unitRef="BRL">9900000</ugp:PrepaidDeferredStockPlanExpense>
    <ugp:PrepaidInsuranceExpense
      contextRef="I20211231"
      decimals="-3"
      id="Tag1890"
      unitRef="BRL">26917000</ugp:PrepaidInsuranceExpense>
    <ugp:PrepaidInsuranceExpense
      contextRef="I20201231"
      decimals="-3"
      id="Tag1878"
      unitRef="BRL">58675000</ugp:PrepaidInsuranceExpense>
    <ugp:PrepaidSoftwareMaintenanceExpense
      contextRef="I20211231"
      decimals="-3"
      id="Tag1889"
      unitRef="BRL">19863000</ugp:PrepaidSoftwareMaintenanceExpense>
    <ugp:PrepaidSoftwareMaintenanceExpense
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      id="Tag1877"
      unitRef="BRL">24233000</ugp:PrepaidSoftwareMaintenanceExpense>
    <ugp:PrepaidEmployeeBenefitsExpense
      contextRef="I20211231"
      decimals="-3"
      id="Tag1888"
      unitRef="BRL">8362000</ugp:PrepaidEmployeeBenefitsExpense>
    <ugp:PrepaidEmployeeBenefitsExpense
      contextRef="I20201231"
      decimals="-3"
      id="Tag1876"
      unitRef="BRL">8924000</ugp:PrepaidEmployeeBenefitsExpense>
    <ugp:PrepaidTaxOtherThanIncomeTaxExpense
      contextRef="I20211231"
      decimals="-3"
      id="Tag1887"
      unitRef="BRL">1553000</ugp:PrepaidTaxOtherThanIncomeTaxExpense>
    <ugp:PrepaidTaxOtherThanIncomeTaxExpense
      contextRef="I20201231"
      decimals="-3"
      id="Tag1875"
      unitRef="BRL">2632000</ugp:PrepaidTaxOtherThanIncomeTaxExpense>
    <ugp:PrepaidContributionOfPrivatePensionFundExpense
      contextRef="I20211231"
      decimals="-3"
      id="Tag1886"
      unitRef="BRL">19831000</ugp:PrepaidContributionOfPrivatePensionFundExpense>
    <ugp:PrepaidContributionOfPrivatePensionFundExpense
      contextRef="I20201231"
      decimals="-3"
      id="Tag1874"
      unitRef="BRL">36068000</ugp:PrepaidContributionOfPrivatePensionFundExpense>
    <ugp:OtherPrepaidExpenses
      contextRef="I20211231"
      decimals="-3"
      id="Tag1885"
      unitRef="BRL">5730000</ugp:OtherPrepaidExpenses>
    <ugp:OtherPrepaidExpenses
      contextRef="I20201231"
      decimals="-3"
      id="Tag1873"
      unitRef="BRL">14045000</ugp:OtherPrepaidExpenses>
    <ifrs-full:Prepayments
      contextRef="I20211231"
      decimals="-3"
      id="Tag1884"
      unitRef="BRL">169392000</ifrs-full:Prepayments>
    <ifrs-full:Prepayments
      contextRef="I20201231"
      decimals="-3"
      id="Tag1872"
      unitRef="BRL">202629000</ifrs-full:Prepayments>
    <ifrs-full:CurrentPrepaidExpenses
      contextRef="I20211231"
      decimals="-3"
      id="Tag1883"
      unitRef="BRL">98024000</ifrs-full:CurrentPrepaidExpenses>
    <ifrs-full:CurrentPrepaidExpenses
      contextRef="I20201231"
      decimals="-3"
      id="Tag1871"
      unitRef="BRL">132122000</ifrs-full:CurrentPrepaidExpenses>
    <ifrs-full:NoncurrentPrepayments
      contextRef="I20211231"
      decimals="-3"
      id="Tag1882"
      unitRef="BRL">71368000</ifrs-full:NoncurrentPrepayments>
    <ifrs-full:NoncurrentPrepayments
      contextRef="I20201231"
      decimals="-3"
      id="Tag1870"
      unitRef="BRL">70507000</ifrs-full:NoncurrentPrepayments>
    <ifrs-full:DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersExplanatory contextRef="D20211231_3" id="Tag1898">
&lt;p style="margin: 0px; break-after: avoid; break-inside: avoid; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;&lt;span style="border-left: none; border-right: none;"&gt;12&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;. Contractual &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;a&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;ssets with &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;c&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;ustomers &#x2013; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;e&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;xclusive &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;r&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;ights&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Refers to exclusive rights disbursements of&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Ipiranga&#x2019;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; agreements with reseller service stations and major consumers that are recognized at the time of their occurrence and recognized as a &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;reduction&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; of the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;revenue&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; from sales and services&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in the statement &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of profit or loss &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;according to the conditions established in the agreement&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, being&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; reviewed as changes occur under the terms of the agreements.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;In&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; December 31, 202&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;1&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, the contracts &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;amortization weighted average &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;term was five years.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0px; text-align: justify; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Balance and&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; changes are shown below:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-left: none; border-right: none;"&gt;
&lt;table cellpadding="0" style="height: 255px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 84%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2018 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 2%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 13%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,518,477 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Additions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 330,068 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Amortization &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (355,250 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Transfer &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (27,306 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,465,989 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Additions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 549,085 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Amortization &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (289,436 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Transfer &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (19,307 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,706,331 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Additions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 689,986 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Amortization &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (282,521 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Transfer &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (34,570 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,079,226 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 555,052 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Non-current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,524,174 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"/&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;

</ifrs-full:DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersExplanatory>
    <ifrs-full:ExplanationOfSignificantChangesInContractAssetsAndContractLiabilitiesExplanatory contextRef="D20211231_3" id="Tag1897">
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Balance and&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; changes are shown below:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-left: none; border-right: none;"&gt;
&lt;table cellpadding="0" style="height: 255px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 84%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2018 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 2%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 13%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,518,477 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Additions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 330,068 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Amortization &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (355,250 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Transfer &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (27,306 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,465,989 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Additions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 549,085 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Amortization &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (289,436 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Transfer &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (19,307 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,706,331 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Additions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 689,986 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Amortization &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (282,521 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Transfer &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (34,570 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,079,226 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 555,052 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Non-current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,524,174 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"/&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
</ifrs-full:ExplanationOfSignificantChangesInContractAssetsAndContractLiabilitiesExplanatory>
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    <ifrs-full:DisclosureOfInvestmentsAccountedForUsingEquityMethodExplanatory contextRef="D20211231_3" id="Tag2153">
&lt;div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;&lt;span style="border-left: none; border-right: none;"&gt;13&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;Investments&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The table below presents the amoun&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;t reconciliation &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;share of profit (loss) of subsidiaries, joint &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ventures&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and associates&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_W4W149EH5C00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; width: 99.8365%; height: 85px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 27.2665%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: Arial; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 10.1648%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Note &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 12.4313%;"&gt;
&lt;p style="margin: 0pt; text-align: center; font-weight: bold;"&gt;&lt;span&gt; 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 2.54121%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 5.08242%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 16.6209%;"&gt;
&lt;p style="margin: 0pt; text-align: center; font-weight: bold;"&gt;&lt;span&gt; 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 2.54121%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; width: 5.08242%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; border-bottom: 1pt solid #000000; width: 16.6209%;"&gt;
&lt;p style="margin: 0pt; text-align: center; font-weight: bold;"&gt;&lt;span&gt; 2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; width: 1.57967%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 27.2665%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: Arial; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 10.1648%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 12.4313%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 2.54121%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 5.08242%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.6209%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt;Re-presented (i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 2.54121%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; width: 5.08242%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; width: 16.6209%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt;Re-presented (i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; width: 1.57967%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 27.2665%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Joint ventures &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 10.1648%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 13.b &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 12.4313%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"&gt;&lt;span&gt; (18,068 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 2.54121%; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 5.08242%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 16.6209%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"&gt;&lt;span&gt; (45,812 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 2.54121%; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; width: 5.08242%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; width: 16.6209%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"&gt;&lt;span&gt; (14,463 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; width: 1.57967%; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 27.2665%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Associates &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 10.1648%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 13.c &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 12.4313%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"&gt;&lt;span&gt; 434 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 2.54121%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 5.08242%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 16.6209%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"&gt;&lt;span&gt; 1,781 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 2.54121%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; width: 5.08242%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; border-bottom: 1px solid #000000; width: 16.6209%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"&gt;&lt;span&gt; 1,754 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; width: 1.57967%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 27.2665%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 10.1648%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 2.8pt double #000000; width: 12.4313%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"&gt;&lt;span&gt; (17,634 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 2.54121%; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 5.08242%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 2.8pt double #000000; width: 16.6209%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"&gt;&lt;span&gt; (44,031 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 2.54121%; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; width: 5.08242%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; border-bottom: 2.8pt double #000000; width: 16.6209%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"&gt;&lt;span&gt; (12,709 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; width: 1.57967%; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;div&gt;&lt;br/&gt;&lt;/div&gt;
&lt;div&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&lt;sup&gt;(i)&lt;/sup&gt; &lt;span style="border-right: none; border-left: none;"&gt;&lt;span style="border-right: none; border-left: none;"&gt;See Note 3.c.3.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;

&lt;/div&gt;
&lt;div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;a&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;. Joint ventures&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The Company holds an interest in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Refinaria&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; de &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Petr&#xf3;leo&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Riograndense&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; S.A.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (&#x201c;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;RPR&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#x201d;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, which is primarily engaged in oil refining.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The subsidiary&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Ultracargo&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Log&#xed;stica&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;holds&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;an&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;interest in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Uni&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#xe3;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;o&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; Vopak&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &#x2013; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Armaz&#xe9;ns&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; Gerais Ltda. (&#x201c;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Uni&#xe3;o&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Vopak&#x201d;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, which is primarily engaged in liquid bulk storage in the port of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Paranagu&#xe1;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The subsidiary IPP &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;held&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; an interest in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ConectCar&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, which is primarily engaged in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;automatic&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;payment of tolls&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;parking &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in the State&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; of&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Bahia, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Cear&#xe1;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Esp&#xed;rito&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; Santo, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Goi&#xe1;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, Mato Grosso, Mato Grosso do Sul, Minas Gerais, Paran&#xe1;, Pernambuco, Rio de Janeiro, Rio Grande do Sul, Santa Catarina, S&#xe3;o Paulo and Distrito Federal&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;On June 25, 2021, the sale of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ConectCar&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, completed on October 1, 2021. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; For further details see item &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span&gt;13&lt;/span&gt;.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;b.&lt;span&gt;1&lt;/span&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;subsidiary&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; IPP participat&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;e&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the port concession &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;BEL&lt;span&gt;02&lt;/span&gt;A&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; at&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; the port of Miramar&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Bel&#xe9;m&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (PA),&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; through&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Latitude &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Log&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#xed;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;stica&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Portu&#xe1;ria&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; S.A. (&#x201c;Latitude&#x201d;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;f&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;or the port of Vit&#xf3;ria&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (ES),&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; participate&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; through&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Navegantes&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Log&#xed;stica&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Portu&#xe1;ria&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; S.A. (&#x201c;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Navegantes&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#x201d;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Cabedelo&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (PB)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;has &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;participat&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ion&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; in the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Nordeste&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Log&#xed;stica&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; I S.A. ("&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Nordeste&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Log&#xed;stica&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; I"), &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Nordeste&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Log&#xed;stica&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; II S.A. ("&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Nordeste&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Log&#xed;stica&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; II") and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Nordeste&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Log&#xed;stica&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; III S.A. ("&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Nordeste&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Log&#xed;stica&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; III&#x201d;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(see Note 34&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.c&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;).&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;These investments&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; of joint ventures &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;are accounted for under the equity method of accounting based on their financial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;statements&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; as of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;span&gt;20&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span&gt;2&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;div&gt;

&lt;/div&gt;
&lt;/div&gt;
&lt;div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;Balances and changes in joint ventures are as follows:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_2Y6HG4HZXC00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 425px; text-indent: 0px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 34px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 19.332%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 34px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Uni&#xe3;o Vopak &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; RPR &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; ConectCar &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Latitude Log&#xed;stica &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 6.98381%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Navegantes Log&#xed;stica &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Nordeste Log&#xed;stica I &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Nordeste Log&#xed;stica II &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Nordeste Log&#xed;stica III &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 19.332%; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2018 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 6.88259%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 7,446 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.11336%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 6.88259%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 20,118 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.21457%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 6.88259%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 74,390 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.21457%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 6.88259%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.01215%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.11336%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 6.98381%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.01215%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.21457%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 6.88259%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.01215%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.11336%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 6.88259%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.21457%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 6.88259%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.01215%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.21457%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 6.88259%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 101,954 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.01215%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Capital increase &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 35,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 10,351 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 23,581 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 1,930 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 4,183 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 4,079 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 79,124 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Other reserves &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (7,771 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (7,771 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Dividends &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (1,474 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (4,295 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (5,769 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Share of profit (loss) of joint ventures &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 1,370 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 10,740 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (26,572 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.98381%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (14,462 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 7,342 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 18,792 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 82,818 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 10,351 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 23,581 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 1,930 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 4,183 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 4,079 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 153,076 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Capital increase &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 20,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 303 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 3,894 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 5,006 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 29,203 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; Capital decrease (i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (363 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (363 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Other reserves &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 1,065 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 1,065 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Proposed dividends &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (165 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (165 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Share of profit (loss) of joint ventures &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 392 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (21,788 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (21,638 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.98381%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (1,594 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (1,409 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (401 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 626 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (45,812 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Transfer to provision for liabilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 2,096 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 2,096 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 7,734 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 81,180 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 10,351 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 21,624 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 824 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 7,676 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 9,711 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 139,100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Capital increase &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 15,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 5,001 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 3,697 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 6,399 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 600 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 30,697 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; Capital decrease (i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (5,001 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (5,001 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Other reserves &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 99 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 99 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Actuarial gain of post-employment benefits &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 5,723 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 5,723 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 34px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 19.332%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Shareholder transaction &#x2013; changes of investments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (966 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 6.98381%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (966 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Share of profit (loss) of joint ventures &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 602 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 822 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (18,081 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 593 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (3,032 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 1,592 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (819 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 255 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (18,068 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Disposition of investment (see Note &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (78,099 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (78,099 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; Transfer from provision for liabilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (2,096 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.98381%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (2,096 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 8,336 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 4,548 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 9,978 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 6.98381%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 22,289 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 2,416 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 13,256 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 10,566 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 71,389 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;(i) Refers to reimbursement of expenses that preceded the port area auctions and that were apportioned among the other members of the consortium.&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div&gt;

&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" style="border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 100%; margin-left: auto; margin-right: auto;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 11.35pt; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; width: 78.9438%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; background-color: #ffffff; width: 19.9588%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Provision to (from) short-term liabilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; width: 0.960219%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 11.35pt;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 78.9438%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 19.9588%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; RPR &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 0.960219%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 11.35pt; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 78.9438%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 19.9588%; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0pt; text-align: right;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.960219%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 11.35pt;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 78.9438%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Transfer to provision for liabilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 19.9588%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,096 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.960219%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 11.35pt; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 78.9438%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 19.9588%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,096 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.960219%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 11.35pt;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 78.9438%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; Transfer from provision for liabilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 19.9588%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (2,096 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.960219%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 11.35pt; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 78.9438%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 19.9588%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.960219%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The table below presents the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;statements of financial position&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;statements of profit or &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;loss of&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;joint ventures: &lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_W1QLK3KSO000000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 224px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="22" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-bottom: 0.5pt solid #000000; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 34px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Uni&#xe3;o Vopak &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; RPR &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ConectCar&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;sup&gt;&lt;sup&gt;&lt;sup&gt;&lt;sup&gt;&lt;sup&gt;&lt;sup&gt;&lt;sup&gt;&lt;sup&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; vertical-align: super;"&gt;(&lt;/span&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;sup&gt;&lt;sup&gt;&lt;sup&gt;&lt;sup&gt;&lt;sup&gt;&lt;sup&gt;&lt;sup&gt;&lt;sup&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; vertical-align: super;"&gt;i&lt;/span&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;sup&gt;&lt;sup&gt;&lt;sup&gt;&lt;sup&gt;&lt;sup&gt;&lt;sup&gt;&lt;sup&gt;&lt;sup&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; vertical-align: super;"&gt;)&lt;/span&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Latitude Log&#xed;stica &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Navegantes Log&#xed;stica &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Nordeste Log&#xed;stica I &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Nordeste Log&#xed;stica II &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Nordeste Log&#xed;stica III &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-top: 0.5pt solid #000000; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 29%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Current assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 7%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 10,068 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 7%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 273,029 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 7%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 171,894 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 7%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 18,798 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 7%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 5,393 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 7%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 52,022 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 7%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 36,958 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 7%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 17,458 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Non-current assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 9,696 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 179,652 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 177,217 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 50,215 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 167,170 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 18,346 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 17,279 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 49,439 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Current liabilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,824 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 354,001 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 174,030 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 9,151 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 256 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 46,615 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,418 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 13,960 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Non-current liabilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 268 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 84,980 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 18,883 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 39,906 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 105,440 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 16,504 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 13,052 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 21,239 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Equity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 16,672 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 13,700 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 156,198 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 19,956 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 66,867 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 7,249 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 39,767 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 31,698 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net revenue from sales and services &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 17,660 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,092,786 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 60,436 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 5,895 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 11,625 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,016 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 7,561 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; Costs, operating expenses and income &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (16,144 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (2,105,544 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (97,095 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (2,591 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (1,579 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (3,260 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (3,980 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (5,030 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net finance income and income and social contribution taxes &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (312 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 15,235 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 497 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (2,118 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (7,517 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (3,589 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (494 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (1,765 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net income (loss) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,204 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,477 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (36,162 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,186 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (9,096 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 4,776 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (2,458 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 766 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Number of shares or units held &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 29,995 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 5,078,888 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 263,768,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 4,383,881 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 22,298,195 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 681,637 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,933,265 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 4,871,241 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; % of capital held &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 50 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 33 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 50 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 50 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 33 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 33 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 33 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 33 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;The percentages in the table above are rounded.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(i) The balances presented refer to September 30, 2021, due to the completion of the sale of ConectCar on October 1, 2021, for further details see note &lt;span&gt;13&lt;/span&gt;.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;a&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;span&gt;1&lt;/span&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div&gt;

&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;div id="t_ft_7PD8C70S0W00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 271px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="19" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 50px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 50px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 50px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Uni&#xe3;o Vopak &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 50px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 50px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; RPR &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 50px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 50px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; ConectCar &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 50px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 50px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Navegantes Log&#xed;stica &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 50px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 50px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Nordeste Log&#xed;stica I &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 50px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 50px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Nordeste Log&#xed;stica II &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 50px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 50px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Nordeste Log&#xed;stica III &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 38%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Current assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 8,510 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 291,720 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 161,371 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 24,691 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 972 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 18,531 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 21,513 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Non-current assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 9,796 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 171,270 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 169,843 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 166,389 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 6,021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 18,005 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 30,503 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Current liabilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,698 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 363,388 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 168,854 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 8 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 4 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 5 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 6 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Non-current liabilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 140 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 105,912 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p class="ng-scope" style="margin: 0pt; text-align: right;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 126,201 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 4,516 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 13,504 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 22,877 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Equity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 15,468 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (6,310 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 162,360 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 64,871 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,473 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 23,027 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 29,133 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net revenue from sales and services &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 15,666 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,455,668 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 91,096 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p class="ng-scope" style="margin: 0pt; text-align: right;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p class="ng-scope" style="margin: 0pt; text-align: right;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p class="ng-scope" style="margin: 0pt; text-align: right;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p class="ng-scope" style="margin: 0pt; text-align: right;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; Costs, operating expenses and income &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (14,408 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (1,531,652 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (134,961 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (3,480 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (4,225 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (1,203 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,878 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 34px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net finance income and income and social contribution taxes &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (474 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 10,361 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 589 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (1,301 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;
&lt;p class="ng-scope" style="margin: 0pt; text-align: right;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;
&lt;p class="ng-scope" style="margin: 0pt; text-align: right;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;
&lt;p class="ng-scope" style="margin: 0pt; text-align: right;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net income (loss) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 784 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (65,623 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (43,276 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (4,781 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (4,226 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (1,203 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,878 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Number of shares or units held &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 29,995 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 5,078,888 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 248,768,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 22,298,195 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 681,637 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,933,265 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 4,871,241 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; % of capital held &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 50 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 33 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 50 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 33 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 33 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 33 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 33 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_UY22HV8RIO00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 12.75pt; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="7" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Uni&#xe3;o Vopak &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; RPR &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; ConectCar &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 59%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net revenue from sales and services &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 12%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 15,400 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 12%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,156,432 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 12%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 80,387 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; Costs, operating expenses and income &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (12,083 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (2,130,323 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (136,764 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net finance income and income and social contribution taxes &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (577 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 6,237 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,234 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net income (loss) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,740 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 32,346 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (53,143 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Number of shares or units held &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 29,995 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 5,078,888 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 228,768,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; % of capital held &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 50 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 33 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 50 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The percentages in the table above are rounded&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div&gt;

&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify; font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;a&lt;/span&gt;&lt;span&gt;.1 ConectCar share purchase and sale agreement&#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The Company concluded the process of selling its interest in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ConectCar&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; started on June 25, 2021. On September 30, 2021, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ConectCar&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; was controlled by IPP and by &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Redecard&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; S.A., belonging to Ita&#xfa; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Unibanco&lt;/span&gt;&lt;span&gt; Holding S.A., both with equal interests of 50%.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;On October 1, 2021, the Company announced the conclusion of the sale of its interest in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ConectCar&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; through its subsidiary IPP to Porto Seguro S&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;A&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, through its subsidiary &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Portoseg&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; SA &#x2013; Credit, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Financing&lt;/span&gt;&lt;span&gt; and Investment. The sale value of the 50% interest in the subsidiary IPP&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;after adjustments resulting from changes in working capital and net debt position, totaled R$&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span&gt;158 million. The disposition of investment, totaled R$ 78 million. The gain from sale of Conectcar, totaled R$ 76 million.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;b&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;. Associates&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Subsidiary IPP holds an interest in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Transportadora&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Sulbrasileira&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; de &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;G&#xe1;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; S.A.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(&#x201c;TSB&#x201d;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, which is primarily engaged in natural gas transportation services.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Subsidiary &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Oxiteno&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; S.A&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;holds an interest in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Oxicap&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Ind&#xfa;stria&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; de Gases Ltda. (&#x201c;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Oxicap&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#x201d;), which is primarily engaged in the supply of nitrogen and oxygen for its shareholders in the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Mau&#xe1;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; petrochemical complex.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Due to the sale of the subsidiary, the balances were reclassified to assets of subsidiaries held for sale &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;at&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; December 31, 2021, for further details see note &lt;span&gt;3&lt;/span&gt;.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;T&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;he subsidiary &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Oxiteno&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; S.A.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;holds an interest in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Qu&#xed;mica&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; da Bahia &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Ind&#xfa;stria&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; e &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Com&#xe9;rcio&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; S.A.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(&#x201c;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Qu&#xed;mica&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; da Bahia&#x201d;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, which is primarily engaged in manufacturing, marketing&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and processing of chemicals. The operations of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Qu&#xed;mica&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; da Bahia&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; are currently suspended.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;This interest is not &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;part&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Oxiteno&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;sale &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;transaction&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Subsidiary Cia.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; Ultragaz&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; holds an interest in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Metal&#xfa;rgica&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; Plus S.A.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(&#x201c;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Metalplus&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#x201d;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, which is primarily engaged in the manufacture and trading of LPG containers. The operations of this associate are currently suspended.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Subsidiary &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Cia. Ultragaz&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; holds an interest in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Plenog&#xe1;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Distribuidora&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; de &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;G&#xe1;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; S.A.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(&#x201c;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Plenog&#xe1;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#x201d;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, which is primarily engaged in the marketing of LPG. The operations of this associate are currently suspended.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;se&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; investment&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;are&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; accounted for under the equity method of accounting based on&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; the&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;financial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;statements&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; as of&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;span&gt;202&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div&gt;

&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;Balances and changes in associates are as follows:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_YGUN0LZI4W00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 335px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 12px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 28.5425%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; border-bottom: 1pt solid #000000; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Transportadora Sulbrasileira de G&#xe1;s S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; border-bottom: 1pt solid #000000; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Oxicap Ind&#xfa;stria de Gases Ltda. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; border-bottom: 1pt solid #000000; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Qu&#xed;mica da Bahia Ind&#xfa;stria e Com&#xe9;rcio S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; border-bottom: 1pt solid #000000; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Metal&#xfa;rgica Plus S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 1.11336%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; border-bottom: 1pt solid #000000; width: 10.0202%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Plenog&#xe1;s Distribuidora de G&#xe1;s S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 0.910931%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; border-bottom: 1pt solid #000000; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 28.5425%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2018 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 4,689 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 15,366 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,590 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 228 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.11336%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 10.0202%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 465 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 0.910931%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 24,338 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 28.5425%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Dividends &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; padding: 0px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (818 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; padding: 0px; width: 1.01215%;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; padding: 0px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; padding: 0px; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; padding: 0px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; padding: 0px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; padding: 0px; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; padding: 0px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; padding: 0px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; padding: 0px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; padding: 0px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; padding: 0px; width: 1.11336%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; padding: 0px; width: 10.0202%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (87 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; padding: 0px; width: 0.910931%;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; padding: 0px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; padding: 0px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (905 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; padding: 0px; width: 1.01215%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 28.5425%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Share of profit (loss) of associates &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,790 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (36 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.01215%;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (90 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.01215%;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.11336%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 10.0202%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 85 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 0.910931%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,317 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 34px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 28.5425%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Share of profit (loss) of associates - discontinued operations &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 34px; padding: 0px; border-bottom: 1pt solid #000000; width: 9.91903%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 34px; padding: 0px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 34px; padding: 0px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 34px; padding: 0px; border-bottom: 1pt solid #000000; width: 9.81781%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 568&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 34px; padding: 0px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 34px; padding: 0px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 34px; padding: 0px; border-bottom: 1pt solid #000000; width: 9.81781%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; -&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 34px; padding: 0px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 34px; padding: 0px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 34px; padding: 0px; border-bottom: 1pt solid #000000; width: 9.91903%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; -&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 34px; padding: 0px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 34px; padding: 0px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 34px; padding: 0px; border-bottom: 1pt solid #000000; width: 10.0202%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; -&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 34px; padding: 0px; width: 0.910931%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 34px; padding: 0px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 34px; padding: 0px; border-bottom: 1pt solid #000000; width: 9.91903%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span&gt; -&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 34px; padding: 0px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 28.5425%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 5,661 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 15,934 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,554 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 138 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.11336%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10.0202%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 463 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.910931%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 25,750 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 28.5425%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Dividends &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (2,357 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0202%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.910931%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (2,357 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 28.5425%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Share of profit (loss) of associates &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,846 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (12 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (91 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.11336%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10.0202%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 38 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.910931%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,781 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 34px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 28.5425%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Share of profit (loss) of associates - discontinued operations &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 414 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.11336%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 10.0202%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 0.910931%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 414 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 28.5425%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 5,150 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 16,348 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,542 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 47 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.11336%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10.0202%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 501 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.910931%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 25,588 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 28.5425%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Capital decrease &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (1,500 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0202%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.910931%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (1,500 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 28.5425%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Dividends &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (998 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.11336%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10.0202%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.910931%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (998 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 28.5425%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Share of profit (loss) of associates &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 552 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (14 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0202%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (4 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.910931%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 434 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 34px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 28.5425%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Share of profit (loss) of associates - discontinued operations &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 48 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.11336%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 10.0202%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 0.910931%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 48 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 34px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 28.5425%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Reclassification to assets held for sale &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (16,396 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.11336%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 10.0202%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 0.910931%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (16,396 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 28.5425%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,204 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,528 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (53 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.11336%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; width: 10.0202%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 497 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.910931%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 7,176 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;div&gt;

&lt;/div&gt;
&lt;/div&gt;
&lt;div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The table below presents the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;stat&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;e&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ments of financial position&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;statements of profit or loss&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; of associates: &lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_XL8PF3M5JK00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 246px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="13" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 40px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Transportadora Sulbrasileira de G&#xe1;s S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Oxicap Ind&#xfa;stria de Gases Ltda. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Qu&#xed;mica da Bahia Ind&#xfa;stria e Com&#xe9;rcio S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Metal&#xfa;rgica Plus S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Plenog&#xe1;s Distribuidora de G&#xe1;s S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 41%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Current assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 7,685 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 90,156 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 14 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 47 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 568 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Non-current assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 11,611 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 70,496 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 10,151 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 126 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,804 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Current liabilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 5,875 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 44,408 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 28 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 158 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Non-current liabilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 601 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 7,562 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,109 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 303 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 724 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Equity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 12,820 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 108,682 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 7,056 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (158 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,490 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net revenue from sales and services &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 15,126 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 69,611 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; Costs, operating expenses and income &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (12,691 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (68,390 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (28 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (239 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 18 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net finance income and income and social contribution taxes &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (226 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (904 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (61 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (31 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net income (loss) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,209 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 317 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (28 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (300 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (13 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Number of shares or units held &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 20,124,996 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,987 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,493,120 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,384,308 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; % of capital held &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 25 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 15 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 50 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 33 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 33 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_9YTPS4CB6800000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 257px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="13" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 52px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Transportadora Sulbrasileira de G&#xe1;s S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Oxicap Ind&#xfa;stria de Gases Ltda. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Qu&#xed;mica da Bahia Ind&#xfa;stria e Com&#xe9;rcio S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Metal&#xfa;rgica Plus S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Plenog&#xe1;s Distribuidora de G&#xe1;s S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 41%; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Current assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 10,570 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 65,136 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 47 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 58 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 352 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Non-current assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 12,822 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 77,339 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 10,146 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 414 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,196 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Current liabilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,189 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 26,116 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p class="ng-scope" style="margin: 0pt; text-align: right;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 28 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 154 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Non-current liabilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 602 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 7,994 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,109 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 302 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 890 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Equity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 20,601 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 108,365 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 7,084 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 142 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,504 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net revenue from sales and services &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 14,295 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 58,677 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p class="ng-scope" style="margin: 0pt; text-align: right;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p class="ng-scope" style="margin: 0pt; text-align: right;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p class="ng-scope" style="margin: 0pt; text-align: right;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; Costs, operating expenses and income &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (6,475 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (54,163 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (24 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (212 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 396 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net finance income and income and social contribution taxes &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (437 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (1,770) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;
&lt;p class="ng-scope" style="margin: 0pt; text-align: right;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (60 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (39 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net income (loss) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 7,383 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,744 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (24 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (272 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 357 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Number of shares or units held &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 20,124,996 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,987 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,493,120 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,384,308 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; % of capital held &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 25 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 15 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 50 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 33 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 33 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_R75IHFVX5C00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 164px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="13" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 52px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Transportadora Sulbrasileira de G&#xe1;s S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Oxicap Ind&#xfa;stria de Gases Ltda. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Qu&#xed;mica da Bahia Ind&#xfa;stria e Com&#xe9;rcio S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Metal&#xfa;rgica Plus S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Plenog&#xe1;s Distribuidora de G&#xe1;s S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 41%; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net revenue from sales and services &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 12,348 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 43,463 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; Costs, operating expenses and income &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (4,815 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (36,791 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (84 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (213 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 285 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net finance income and income and social contribution taxes &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (157 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (2,483 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 12 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (57 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (29 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net income (loss) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 7,376 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 4,189 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (72 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (270 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 256 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Number of shares or units held &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 20,124,996 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,987 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,493,120 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,384,308 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; % of capital held &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 25 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 15 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 50 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 33 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 33 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;The percentages in the table above are rounded.&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;
</ifrs-full:DisclosureOfInvestmentsAccountedForUsingEquityMethodExplanatory>
    <ifrs-full:DisclosureOfInterestsInOtherEntitiesExplanatory contextRef="D20211231_3" id="Tag7064">
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The table below presents the amoun&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;t reconciliation &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;share of profit (loss) of subsidiaries, joint &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ventures&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and associates&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_W4W149EH5C00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; width: 99.8365%; height: 85px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 27.2665%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: Arial; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 10.1648%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Note &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 12.4313%;"&gt;
&lt;p style="margin: 0pt; text-align: center; font-weight: bold;"&gt;&lt;span&gt; 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 2.54121%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 5.08242%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 16.6209%;"&gt;
&lt;p style="margin: 0pt; text-align: center; font-weight: bold;"&gt;&lt;span&gt; 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 2.54121%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; width: 5.08242%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; border-bottom: 1pt solid #000000; width: 16.6209%;"&gt;
&lt;p style="margin: 0pt; text-align: center; font-weight: bold;"&gt;&lt;span&gt; 2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; width: 1.57967%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 27.2665%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: Arial; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 10.1648%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 12.4313%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 2.54121%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 5.08242%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.6209%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt;Re-presented (i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 2.54121%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; width: 5.08242%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; width: 16.6209%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt;Re-presented (i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; width: 1.57967%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 27.2665%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Joint ventures &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 10.1648%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 13.b &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 12.4313%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"&gt;&lt;span&gt; (18,068 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 2.54121%; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 5.08242%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 16.6209%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"&gt;&lt;span&gt; (45,812 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 2.54121%; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; width: 5.08242%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; width: 16.6209%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"&gt;&lt;span&gt; (14,463 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; width: 1.57967%; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 27.2665%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Associates &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 10.1648%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 13.c &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 12.4313%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"&gt;&lt;span&gt; 434 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 2.54121%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 5.08242%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 16.6209%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"&gt;&lt;span&gt; 1,781 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 2.54121%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; width: 5.08242%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; border-bottom: 1px solid #000000; width: 16.6209%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"&gt;&lt;span&gt; 1,754 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; width: 1.57967%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 27.2665%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 10.1648%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 2.8pt double #000000; width: 12.4313%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"&gt;&lt;span&gt; (17,634 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 2.54121%; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 5.08242%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 2.8pt double #000000; width: 16.6209%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"&gt;&lt;span&gt; (44,031 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 2.54121%; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; width: 5.08242%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; border-bottom: 2.8pt double #000000; width: 16.6209%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-align: right; text-indent: 0.4pt;"&gt;&lt;span&gt; (12,709 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; width: 1.57967%; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;div&gt;&lt;br/&gt;&lt;/div&gt;
&lt;div&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&lt;sup&gt;(i)&lt;/sup&gt; &lt;span style="border-right: none; border-left: none;"&gt;&lt;span style="border-right: none; border-left: none;"&gt;See Note 3.c.3.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;
</ifrs-full:DisclosureOfInterestsInOtherEntitiesExplanatory>
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    <ifrs-full:DisclosureOfReconciliationOfSummarisedFinancialInformationOfJointVentureAccountedForUsingEquityMethodToCarryingAmountOfInterestInJointVentureExplanatory contextRef="D20211231_3" id="Tag2130">
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;Balances and changes in joint ventures are as follows:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_2Y6HG4HZXC00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 425px; text-indent: 0px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 34px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 19.332%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 34px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Uni&#xe3;o Vopak &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; RPR &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; ConectCar &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Latitude Log&#xed;stica &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 6.98381%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Navegantes Log&#xed;stica &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Nordeste Log&#xed;stica I &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Nordeste Log&#xed;stica II &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Nordeste Log&#xed;stica III &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 34px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 19.332%; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2018 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 6.88259%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 7,446 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.11336%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 6.88259%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 20,118 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.21457%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 6.88259%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 74,390 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.21457%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 6.88259%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.01215%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.11336%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 6.98381%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.01215%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.21457%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 6.88259%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.01215%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.11336%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 6.88259%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.21457%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 6.88259%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.01215%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.21457%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 6.88259%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 101,954 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.01215%; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Capital increase &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 35,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 10,351 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 23,581 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 1,930 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 4,183 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 4,079 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 79,124 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Other reserves &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (7,771 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (7,771 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Dividends &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (1,474 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (4,295 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (5,769 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Share of profit (loss) of joint ventures &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 1,370 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 10,740 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (26,572 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.98381%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (14,462 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 7,342 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 18,792 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 82,818 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 10,351 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 23,581 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 1,930 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 4,183 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 4,079 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 153,076 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Capital increase &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 20,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 303 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 3,894 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 5,006 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 29,203 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; Capital decrease (i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (363 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (363 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Other reserves &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 1,065 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 1,065 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Proposed dividends &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (165 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (165 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Share of profit (loss) of joint ventures &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 392 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (21,788 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (21,638 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.98381%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (1,594 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (1,409 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (401 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 626 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (45,812 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Transfer to provision for liabilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 2,096 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 2,096 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 7,734 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 81,180 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 10,351 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 21,624 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 824 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 7,676 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 9,711 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 139,100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Capital increase &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 15,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 5,001 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 3,697 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 6,399 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 600 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 30,697 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; Capital decrease (i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (5,001 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (5,001 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Other reserves &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 99 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 99 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Actuarial gain of post-employment benefits &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 5,723 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 5,723 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 34px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 19.332%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Shareholder transaction &#x2013; changes of investments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (966 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 6.98381%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (966 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Share of profit (loss) of joint ventures &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 602 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 822 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (18,081 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 593 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (3,032 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 1,592 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (819 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 255 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (18,068 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Disposition of investment (see Note &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (78,099 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98381%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (78,099 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; Transfer from provision for liabilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (2,096 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.98381%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.88259%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (2,096 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.332%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 8,336 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 4,548 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 9,978 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 6.98381%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 22,289 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 2,416 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 13,256 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 10,566 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000; width: 6.88259%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 71,389 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;(i) Refers to reimbursement of expenses that preceded the port area auctions and that were apportioned among the other members of the consortium.&lt;/span&gt;&lt;/p&gt;
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&lt;table cellpadding="0" style="border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 100%; margin-left: auto; margin-right: auto;" width="100%"&gt;
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&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
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&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Provision to (from) short-term liabilities &lt;/span&gt;&lt;/p&gt;
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&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; RPR &lt;/span&gt;&lt;/p&gt;
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&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2019 &lt;/span&gt;&lt;/p&gt;
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&lt;p class="ng-scope" style="margin: 0pt; text-align: right;"&gt; - &lt;/p&gt;
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&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,096 &lt;/span&gt;&lt;/p&gt;
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&lt;/tr&gt;
&lt;tr style="height: 11.35pt; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 78.9438%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 19.9588%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,096 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.960219%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 11.35pt;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 78.9438%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; Transfer from provision for liabilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 19.9588%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (2,096 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.960219%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 11.35pt; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 78.9438%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 19.9588%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.960219%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
</ugp:DescriptionOfTransferToProvisionForShortTermLiabilitiesRelatedToJointVenturesTableTextBlock>
    <ugp:NonCurrentProvisionForShortTermLiabilitiesOfJointVenture
      contextRef="I20191231"
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      unitRef="BRL">0</ugp:NonCurrentProvisionForShortTermLiabilitiesOfJointVenture>
    <ugp:IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures
      contextRef="D20201231_3"
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    <ugp:IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures
      contextRef="D20211231_3"
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      unitRef="BRL">-2096000</ugp:IncreaseDecreaseThroughTransferToFromProvisionForShortTermLiabilitiesInvestmentsInJointVentures>
    <ugp:NonCurrentProvisionForShortTermLiabilitiesOfJointVenture
      contextRef="I20211231"
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      unitRef="BRL">0</ugp:NonCurrentProvisionForShortTermLiabilitiesOfJointVenture>
    <ifrs-full:DisclosureOfJointVenturesExplanatory contextRef="D20211231_3" id="Tag2128">
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The table below presents the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;statements of financial position&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;statements of profit or &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;loss of&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;joint ventures: &lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_W1QLK3KSO000000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 224px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="22" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-bottom: 0.5pt solid #000000; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 34px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Uni&#xe3;o Vopak &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; RPR &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ConectCar&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;sup&gt;&lt;sup&gt;&lt;sup&gt;&lt;sup&gt;&lt;sup&gt;&lt;sup&gt;&lt;sup&gt;&lt;sup&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; vertical-align: super;"&gt;(&lt;/span&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;sup&gt;&lt;sup&gt;&lt;sup&gt;&lt;sup&gt;&lt;sup&gt;&lt;sup&gt;&lt;sup&gt;&lt;sup&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; vertical-align: super;"&gt;i&lt;/span&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;sup&gt;&lt;sup&gt;&lt;sup&gt;&lt;sup&gt;&lt;sup&gt;&lt;sup&gt;&lt;sup&gt;&lt;sup&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; vertical-align: super;"&gt;)&lt;/span&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Latitude Log&#xed;stica &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Navegantes Log&#xed;stica &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Nordeste Log&#xed;stica I &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Nordeste Log&#xed;stica II &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Nordeste Log&#xed;stica III &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-top: 0.5pt solid #000000; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 29%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Current assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 7%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 10,068 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 7%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 273,029 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 7%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 171,894 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 7%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 18,798 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 7%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 5,393 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 7%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 52,022 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 7%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 36,958 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 7%; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 17,458 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Non-current assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 9,696 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 179,652 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 177,217 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 50,215 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 167,170 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 18,346 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 17,279 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 49,439 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Current liabilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,824 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 354,001 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 174,030 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 9,151 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 256 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 46,615 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,418 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 13,960 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Non-current liabilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 268 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 84,980 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 18,883 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 39,906 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 105,440 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 16,504 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 13,052 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 21,239 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Equity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 16,672 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 13,700 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 156,198 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 19,956 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 66,867 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 7,249 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 39,767 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 31,698 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net revenue from sales and services &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 17,660 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,092,786 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 60,436 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 5,895 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 11,625 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,016 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 7,561 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; Costs, operating expenses and income &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (16,144 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (2,105,544 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (97,095 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (2,591 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (1,579 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (3,260 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (3,980 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (5,030 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net finance income and income and social contribution taxes &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (312 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 15,235 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 497 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (2,118 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (7,517 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (3,589 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (494 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (1,765 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net income (loss) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,204 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,477 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (36,162 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,186 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (9,096 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 4,776 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (2,458 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 766 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Number of shares or units held &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 29,995 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 5,078,888 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 263,768,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 4,383,881 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 22,298,195 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 681,637 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,933,265 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 4,871,241 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; % of capital held &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 50 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 33 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 50 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 50 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 33 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 33 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 33 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 33 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;The percentages in the table above are rounded.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(i) The balances presented refer to September 30, 2021, due to the completion of the sale of ConectCar on October 1, 2021, for further details see note &lt;span&gt;13&lt;/span&gt;.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;a&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;span&gt;1&lt;/span&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div&gt;

&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;div id="t_ft_7PD8C70S0W00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 271px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="19" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 50px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 50px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 50px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Uni&#xe3;o Vopak &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 50px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 50px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; RPR &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 50px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 50px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; ConectCar &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 50px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 50px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Navegantes Log&#xed;stica &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 50px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 50px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Nordeste Log&#xed;stica I &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 50px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 50px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Nordeste Log&#xed;stica II &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 50px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 50px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Nordeste Log&#xed;stica III &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 38%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Current assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 8,510 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 291,720 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 161,371 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 24,691 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 972 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 18,531 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 21,513 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Non-current assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 9,796 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 171,270 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 169,843 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 166,389 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 6,021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 18,005 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 30,503 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Current liabilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,698 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 363,388 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 168,854 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 8 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 4 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 5 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 6 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Non-current liabilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 140 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 105,912 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p class="ng-scope" style="margin: 0pt; text-align: right;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 126,201 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 4,516 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 13,504 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 22,877 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Equity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 15,468 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (6,310 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 162,360 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 64,871 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,473 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 23,027 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 29,133 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net revenue from sales and services &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 15,666 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,455,668 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 91,096 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p class="ng-scope" style="margin: 0pt; text-align: right;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p class="ng-scope" style="margin: 0pt; text-align: right;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p class="ng-scope" style="margin: 0pt; text-align: right;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p class="ng-scope" style="margin: 0pt; text-align: right;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; Costs, operating expenses and income &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (14,408 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (1,531,652 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (134,961 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (3,480 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (4,225 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (1,203 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,878 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 34px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net finance income and income and social contribution taxes &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (474 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 10,361 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 589 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (1,301 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;
&lt;p class="ng-scope" style="margin: 0pt; text-align: right;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;
&lt;p class="ng-scope" style="margin: 0pt; text-align: right;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;
&lt;p class="ng-scope" style="margin: 0pt; text-align: right;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net income (loss) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 784 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (65,623 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (43,276 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (4,781 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (4,226 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (1,203 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,878 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Number of shares or units held &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 29,995 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 5,078,888 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 248,768,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 22,298,195 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 681,637 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,933,265 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 4,871,241 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; % of capital held &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 50 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 33 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 50 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 33 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 33 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 33 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 33 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_UY22HV8RIO00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 12.75pt; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="7" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Uni&#xe3;o Vopak &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; RPR &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; ConectCar &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 59%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net revenue from sales and services &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 12%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 15,400 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 12%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,156,432 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 12%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 80,387 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; Costs, operating expenses and income &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (12,083 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (2,130,323 &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom;"&gt;)&lt;/td&gt;
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&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (136,764 &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom;"&gt;)&lt;/td&gt;
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&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;"&gt;
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&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
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&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 50 &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
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&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
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      contextRef="D20191231_UniaoVopakMember"
      decimals="-3"
      id="Tag2298"
      unitRef="BRL">2740000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss
      contextRef="D20191231_RPRMember"
      decimals="-3"
      id="Tag2300"
      unitRef="BRL">32346000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss
      contextRef="D20191231_ConnectCarMember"
      decimals="-3"
      id="Tag1963"
      unitRef="BRL">-53143000</ifrs-full:ProfitLoss>
    <ugp:NumberOfSharesOrUnitsHeld
      contextRef="D20191231_UniaoVopakMember"
      decimals="0"
      id="Tag2095"
      unitRef="Shares">29995</ugp:NumberOfSharesOrUnitsHeld>
    <ugp:NumberOfSharesOrUnitsHeld
      contextRef="D20191231_RPRMember"
      decimals="0"
      id="Tag2354"
      unitRef="Shares">5078888</ugp:NumberOfSharesOrUnitsHeld>
    <ugp:NumberOfSharesOrUnitsHeld
      contextRef="D20191231_ConnectCarMember"
      decimals="0"
      id="Tag2404"
      unitRef="Shares">228768000</ugp:NumberOfSharesOrUnitsHeld>
    <ifrs-full:ProportionOfOwnershipInterestInJointVenture
      contextRef="D20191231_UniaoVopakMember"
      decimals="2"
      id="Tag2325"
      unitRef="Pure">0.50</ifrs-full:ProportionOfOwnershipInterestInJointVenture>
    <ifrs-full:ProportionOfOwnershipInterestInJointVenture
      contextRef="D20191231_RPRMember"
      decimals="2"
      id="Tag2097"
      unitRef="Pure">0.33</ifrs-full:ProportionOfOwnershipInterestInJointVenture>
    <ifrs-full:ProportionOfOwnershipInterestInJointVenture
      contextRef="D20191231_ConnectCarMember"
      decimals="2"
      id="Tag2262"
      unitRef="Pure">0.50</ifrs-full:ProportionOfOwnershipInterestInJointVenture>
    <ifrs-full:ProportionOfOwnershipInterestInJointVenture
      contextRef="D20210930_ConnectCarMember_IpirangaProdutosdePetroleoSAMember_RedecardSAMember"
      decimals="2"
      id="Tag1928"
      unitRef="Pure">0.50</ifrs-full:ProportionOfOwnershipInterestInJointVenture>
    <ifrs-full:ProportionOfOwnershipInterestInJointVenture
      contextRef="D20211231_ConnectCarMember_IpirangaProdutosdePetroleoSAMember"
      decimals="2"
      id="Tag2267"
      unitRef="Pure">0.50</ifrs-full:ProportionOfOwnershipInterestInJointVenture>
    <ifrs-full:CashFlowsFromUsedInInvestingActivitiesDiscontinuedOperations
      contextRef="D20211231_ConnectCarMember_IpirangaProdutosdePetroleoSAMember"
      decimals="-6"
      id="Tag7070"
      unitRef="BRL">158000000</ifrs-full:CashFlowsFromUsedInInvestingActivitiesDiscontinuedOperations>
    <ugp:DecreaseThroughDispositionOfInvestmentInJointVentures
      contextRef="D20211231_ConnectCarMember"
      decimals="-6"
      id="Tag2158"
      unitRef="BRL">78000000</ugp:DecreaseThroughDispositionOfInvestmentInJointVentures>
    <ifrs-full:GainsLossesOnDisposalsOfInvestments
      contextRef="D20211231_ConnectCarMember"
      decimals="-6"
      id="Tag111"
      unitRef="BRL">76000000</ifrs-full:GainsLossesOnDisposalsOfInvestments>
    <ifrs-full:DisclosureOfReconciliationOfSummarisedFinancialInformationOfAssociateAccountedForUsingEquityMethodToCarryingAmountOfInterestInAssociateExplanatory contextRef="D20211231_3" id="Tag2129">
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;Balances and changes in associates are as follows:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_YGUN0LZI4W00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 335px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 12px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 28.5425%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; border-bottom: 1pt solid #000000; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Transportadora Sulbrasileira de G&#xe1;s S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; border-bottom: 1pt solid #000000; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Oxicap Ind&#xfa;stria de Gases Ltda. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; border-bottom: 1pt solid #000000; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Qu&#xed;mica da Bahia Ind&#xfa;stria e Com&#xe9;rcio S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; border-bottom: 1pt solid #000000; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Metal&#xfa;rgica Plus S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 1.11336%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; border-bottom: 1pt solid #000000; width: 10.0202%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Plenog&#xe1;s Distribuidora de G&#xe1;s S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 0.910931%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; border-bottom: 1pt solid #000000; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 12px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 28.5425%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2018 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 4,689 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 15,366 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,590 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 228 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.11336%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 10.0202%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 465 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 0.910931%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 24,338 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 28.5425%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Dividends &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; padding: 0px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (818 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; padding: 0px; width: 1.01215%;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; padding: 0px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; padding: 0px; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; padding: 0px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; padding: 0px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; padding: 0px; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; padding: 0px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; padding: 0px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; padding: 0px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; padding: 0px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; padding: 0px; width: 1.11336%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; padding: 0px; width: 10.0202%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (87 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; padding: 0px; width: 0.910931%;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; padding: 0px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; padding: 0px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (905 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; padding: 0px; width: 1.01215%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 28.5425%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Share of profit (loss) of associates &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,790 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (36 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.01215%;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (90 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.01215%;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.11336%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 10.0202%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 85 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 0.910931%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,317 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 34px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 28.5425%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Share of profit (loss) of associates - discontinued operations &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 34px; padding: 0px; border-bottom: 1pt solid #000000; width: 9.91903%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 34px; padding: 0px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 34px; padding: 0px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 34px; padding: 0px; border-bottom: 1pt solid #000000; width: 9.81781%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 568&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 34px; padding: 0px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 34px; padding: 0px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 34px; padding: 0px; border-bottom: 1pt solid #000000; width: 9.81781%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; -&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 34px; padding: 0px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 34px; padding: 0px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 34px; padding: 0px; border-bottom: 1pt solid #000000; width: 9.91903%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; -&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 34px; padding: 0px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 34px; padding: 0px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 34px; padding: 0px; border-bottom: 1pt solid #000000; width: 10.0202%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; -&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 34px; padding: 0px; width: 0.910931%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 34px; padding: 0px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 34px; padding: 0px; border-bottom: 1pt solid #000000; width: 9.91903%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span&gt; -&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 34px; padding: 0px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 28.5425%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 5,661 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 15,934 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,554 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 138 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.11336%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10.0202%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 463 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.910931%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 25,750 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 28.5425%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Dividends &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (2,357 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0202%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.910931%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (2,357 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 28.5425%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Share of profit (loss) of associates &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,846 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (12 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (91 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.11336%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10.0202%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 38 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.910931%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,781 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 34px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 28.5425%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Share of profit (loss) of associates - discontinued operations &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 414 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.11336%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 10.0202%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 0.910931%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 414 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 28.5425%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 5,150 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 16,348 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,542 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 47 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.11336%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10.0202%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 501 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.910931%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 25,588 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 28.5425%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Capital decrease &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (1,500 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0202%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.910931%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (1,500 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 28.5425%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Dividends &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (998 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.11336%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10.0202%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.910931%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (998 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 28.5425%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Share of profit (loss) of associates &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 552 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (14 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (100 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11336%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0202%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (4 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.910931%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 434 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 34px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 28.5425%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Share of profit (loss) of associates - discontinued operations &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 48 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.11336%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 10.0202%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 0.910931%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 48 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 34px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; width: 28.5425%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Reclassification to assets held for sale &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (16,396 &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
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&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; border-bottom: 1pt solid #000000; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 1.11336%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; width: 0.910931%;"&gt;&lt;br/&gt;&lt;/td&gt;
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&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; width: 9.81781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,528 &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (53 &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.11336%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; width: 10.0202%;"&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.21457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; width: 9.91903%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 7,176 &lt;/span&gt;&lt;/p&gt;
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&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The table below presents the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;stat&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;e&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ments of financial position&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;statements of profit or loss&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; of associates: &lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_XL8PF3M5JK00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 246px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="13" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 40px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Transportadora Sulbrasileira de G&#xe1;s S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Oxicap Ind&#xfa;stria de Gases Ltda. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Qu&#xed;mica da Bahia Ind&#xfa;stria e Com&#xe9;rcio S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Metal&#xfa;rgica Plus S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Plenog&#xe1;s Distribuidora de G&#xe1;s S.A. &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 40px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 41%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Current assets &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 7,685 &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 90,156 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 14 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 47 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 568 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Non-current assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 11,611 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 70,496 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 10,151 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 126 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,804 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Current liabilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 5,875 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 44,408 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 28 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 158 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Non-current liabilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 601 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 7,562 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,109 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 303 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 724 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Equity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 12,820 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 108,682 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 7,056 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (158 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,490 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net revenue from sales and services &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 15,126 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 69,611 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; Costs, operating expenses and income &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (12,691 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (68,390 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (28 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (239 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 18 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net finance income and income and social contribution taxes &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (226 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (904 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (61 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (31 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net income (loss) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,209 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 317 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (28 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (300 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (13 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Number of shares or units held &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 20,124,996 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,987 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,493,120 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,384,308 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; % of capital held &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 25 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 15 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 50 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 33 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 33 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_9YTPS4CB6800000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 257px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="13" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 52px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Transportadora Sulbrasileira de G&#xe1;s S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Oxicap Ind&#xfa;stria de Gases Ltda. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Qu&#xed;mica da Bahia Ind&#xfa;stria e Com&#xe9;rcio S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Metal&#xfa;rgica Plus S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Plenog&#xe1;s Distribuidora de G&#xe1;s S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 41%; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Current assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 10,570 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 65,136 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 47 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 58 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 352 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Non-current assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 12,822 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 77,339 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 10,146 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 414 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,196 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Current liabilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,189 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 26,116 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p class="ng-scope" style="margin: 0pt; text-align: right;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 28 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 154 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Non-current liabilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 602 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 7,994 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,109 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 302 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 890 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Equity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 20,601 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 108,365 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 7,084 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 142 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,504 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net revenue from sales and services &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 14,295 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 58,677 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p class="ng-scope" style="margin: 0pt; text-align: right;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p class="ng-scope" style="margin: 0pt; text-align: right;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p class="ng-scope" style="margin: 0pt; text-align: right;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; Costs, operating expenses and income &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (6,475 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (54,163 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (24 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (212 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 396 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net finance income and income and social contribution taxes &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (437 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (1,770) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;
&lt;p class="ng-scope" style="margin: 0pt; text-align: right;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (60 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (39 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net income (loss) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 7,383 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,744 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (24 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (272 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 357 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Number of shares or units held &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 20,124,996 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,987 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,493,120 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,384,308 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; % of capital held &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 25 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 15 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 50 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 33 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 33 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_R75IHFVX5C00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 164px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="13" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 52px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Transportadora Sulbrasileira de G&#xe1;s S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Oxicap Ind&#xfa;stria de Gases Ltda. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Qu&#xed;mica da Bahia Ind&#xfa;stria e Com&#xe9;rcio S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Metal&#xfa;rgica Plus S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Plenog&#xe1;s Distribuidora de G&#xe1;s S.A. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 52px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 41%; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net revenue from sales and services &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 12,348 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 43,463 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 10%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; Costs, operating expenses and income &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (4,815 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (36,791 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (84 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (213 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 285 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net finance income and income and social contribution taxes &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (157 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (2,483 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 12 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (57 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (29 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net income (loss) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 7,376 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 4,189 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
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&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 15 &lt;/span&gt;&lt;/p&gt;
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&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 50 &lt;/span&gt;&lt;/p&gt;
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&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 33 &lt;/span&gt;&lt;/p&gt;
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&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 33 &lt;/span&gt;&lt;/p&gt;
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&lt;div&gt;
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&lt;p style="margin: 0pt; text-align: justify; margin-top: 10pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The Company and certain&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;subsidiaries have real estate leases, substantially related to: (&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;i&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;) &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Ipiranga&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;: fuel stations&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and distribution center&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;; (ii) Ultragaz: points of sale and bottling base&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;; (i&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ii&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;) &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Ultracargo&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;: port areas &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and (&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;i&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;v) Company: offices&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The Company and certain&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;subsidiaries also have lease agreements relating to vehicles.&#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;a. Right-of-&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;u&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;se &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;a&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;ssets&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-left: none; border-right: none;"&gt;

&lt;div&gt;
&lt;div style="border-left: none; border-right: none;"&gt;
&lt;div id="t_ft_Q84GSOJHAO00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 331px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 25px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 25px; background-color: #ffffff; width: 13.5081%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; width: 6.85484%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Weighted average useful life (years) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 25px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; border-bottom: 1pt solid #000000; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Additions and remeasurement &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 25px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Write-offs &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 25px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Transfer (i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 25px; width: 1.27389%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Effect of foreign currency exchange rate variation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 25px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; border-bottom: 1pt solid #000000; width: 7.96371%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Amortization &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 25px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; border-bottom: 1pt solid #000000; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Reclassification to assets held for sale (ii) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 25px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; border-bottom: 1pt solid #000000; width: 7.8629%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 25px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 13.5081%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Cost: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.85484%; margin: 0px; text-indent: 0px;"&gt;
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&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
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&lt;/td&gt;
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&lt;/td&gt;
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&lt;/td&gt;
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&lt;/td&gt;
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&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
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&lt;/td&gt;
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&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
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&lt;/td&gt;
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&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
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&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.96371%; margin: 0px; text-indent: 0px;"&gt;
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&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
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&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.8629%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 13.5081%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Real estate (iii) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; width: 6.85484%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 10 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,254,432 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt; 257,787 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt; (150,718 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.27389%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,295 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.96371%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (569,323 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8629%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt; 1,793,473 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 13.5081%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Port area &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 6.85484%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 20 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 268,534 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt; 31,096 (*) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.27389%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.96371%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8629%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 299,630 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 13.5081%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Vehicles &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; width: 6.85484%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 4 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 139,843 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 26,589 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (9,315 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.27389%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 103 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.96371%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (11,047 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8629%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 146,173 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 13.5081%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Equipment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 6.85484%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 6 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 44,936 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 19,887 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (6,171 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.27389%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,920 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.96371%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (43,832 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8629%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 16,740 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 13.5081%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Others &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; width: 6.85484%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 20 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 27,846 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.27389%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.96371%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.8629%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 27,846 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 13.5081%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.85484%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,735,591 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt; 335,359 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt; (166,204 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.27389%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,318 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.96371%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (624,202 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8629%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt; 2,283,862 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 13.5081%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Accumulated amortization: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.85484%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.27389%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.96371%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8629%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 13.5081%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Real estate &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.85484%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (481,975 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt; 76,954 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.27389%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (530 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.96371%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (283,882 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 199,963 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8629%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt; (489,470 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 13.5081%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Port area &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.85484%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (3,962 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.06452%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (11,935 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.27389%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.96371%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (7,629 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.06452%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8629%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (23,526 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 13.5081%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Vehicles &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.85484%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (63,091 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 7,032 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.27389%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (54 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.96371%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (48,146 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 5,392 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8629%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (98,867 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 13.5081%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Equipment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.85484%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (19,619 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.06452%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 6,483 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.27389%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (897) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.96371%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (17,637 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.06452%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 29,836 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8629%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,834 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 13.5081%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Others &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.85484%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (16,658 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.27389%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 7.96371%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (2,212 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 7.8629%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (18,870 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 13.5081%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.85484%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (585,305 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt; 90,469 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (11,935 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.27389%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,481 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 7.96371%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (359,506 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 235,191 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 7.8629%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt; (632,567 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 13.5081%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Impairment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.85484%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.27389%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.96371%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8629%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 13.5081%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Real estate &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.85484%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (38,957 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.27389%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.96371%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 38,957 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.8629%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 13.5081%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.85484%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (38,957 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.27389%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 7.96371%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 38,957 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 7.8629%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 13.5081%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net amount &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.85484%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 2.8pt double #000000; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,150,286 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 2.8pt double #000000; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 296,402 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 2.8pt double #000000; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt; (75,735 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 2.8pt double #000000; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (11,935 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.27389%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 2.8pt double #000000; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,837 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 2.8pt double #000000; width: 7.96371%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (359,506 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 2.8pt double #000000; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (350,054 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 2.8pt double #000000; width: 7.8629%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt; 1,651,295 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 2pt 0pt 0pt 7.1pt; text-align: justify; text-indent: -7.1pt;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;div&gt;
&lt;div id="t_ft_V6UF32O94W00000000000000000000b"&gt;

&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;div style="margin: 0px; text-indent: 0px;"&gt;
&lt;div id="t_ft_GP6T841WJK00000000000000000000b"&gt;
&lt;table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;"&gt;
&lt;tbody&gt;
&lt;tr&gt;
&lt;td style="width: 2%; vertical-align: top; text-align: right; padding: 15px 1px 0px;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(i)&#160;&lt;/span&gt;&lt;/td&gt;
&lt;td style="width: 98%; text-align: justify; padding: 15px 1px 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-family: 'Times New Roman';"&gt;Refers to the amortization of right-of-use assets in the subsidiary Tequimar Vila do Conde Log&#xed;stica Portu&#xe1;ria S.A. (&#x201c;Tequimar Vila do Conde&#x201d;), which is being capitalized as Construction in progress,&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;starting its operation in December 2021&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td style="vertical-align: top; text-align: right; width: 2%;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(ii)&lt;/span&gt;&lt;/td&gt;
&lt;td style="text-align: justify; width: 98%;"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;For further information, see Note 3.c.1.&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td style="vertical-align: top; text-align: right; width: 2%;" valign="top"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;(ii&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;i&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;)&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
&lt;td style="text-align: justify; width: 98%;"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;Includes lease contracts as presented in Note 9.a.&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td style="vertical-align: top; text-align: right; width: 2%;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(*)&lt;/span&gt;&lt;/td&gt;
&lt;td style="text-align: justify; width: 98%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt 7.1pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; text-indent: -7.1pt;"&gt; Includes balances of R$&#160;14,905&#160;referring to initial direct costs of right-of-use assets. &lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 2pt 0pt 0pt 7.1pt; text-align: justify; text-indent: -7.1pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_PUK39V1J5S00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 274px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 19px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 27.8481%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Weighted average useful life (years) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; border-bottom: 1px solid #000000; width: 7.8481%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; border-bottom: 1px solid #000000; width: 10.1266%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Additions and remeasurement &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; border-bottom: 1px solid #000000; width: 7.46835%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Write-offs &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; border-bottom: 1px solid #000000; width: 7.59494%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Effect of foreign currency exchange rate variation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; border-bottom: 1px solid #000000; width: 8.86076%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Amortization &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 19px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; border-bottom: 1px solid #000000; width: 7.8481%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 19px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 27.8481%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Cost: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 27.8481%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Real estate &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 10 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,068,254 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 259,244 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (78,529 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 5,463 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,254,432 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 27.8481%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Port area &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 20 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 68,007 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 200,527 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 268,534 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 27.8481%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Vehicles &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 4 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 91,868 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 55,616 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (7,893 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 252 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 139,843 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 27.8481%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Equipment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 6 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 31,822 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 7,833 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (572 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 5,853 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 44,936 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 27.8481%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Others &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 20 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 7.8481%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 27,846 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 10.1266%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 7.46835%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 7.59494%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 8.86076%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 7.8481%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 27,846 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 27.8481%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,287,797 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 523,220 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (86,994 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 11,568 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,735,591 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 27.8481%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Accumulated amortization: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 27.8481%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Real estate &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (256,430 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 46,282 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (697 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (271,130 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (481,975 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 27.8481%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Port area &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (3,962 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (3,962 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 27.8481%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Vehicles &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (27,492 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 5,509 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 232 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (41,340 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (63,091 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 27.8481%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Equipment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (7,600 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 572 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,996 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (10,595 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (19,619 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 27.8481%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Others &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 7.8481%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (15,363 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.1266%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 7.46835%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 7.59494%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 8.86076%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,295 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 7.8481%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (16,658 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 27.8481%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72152%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.8481%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (306,885 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 10.1266%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.26582%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.46835%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 52,363 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.59494%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (2,461 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 8.86076%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (328,322 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.8481%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (585,305 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 27.8481%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net amount &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72152%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 7.8481%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,980,912 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 10.1266%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 523,220 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.26582%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 7.46835%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (34,631 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 7.59494%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 9,107 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 8.86076%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (328,322 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 7.8481%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,150,286 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div&gt;
&lt;div id="t_ft_JV9D42TOC000000000000000000000b"&gt;

&lt;/div&gt;
&lt;/div&gt;
&lt;div style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;div id="t_ft_9C44H22TN400000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 181px; text-indent: 0px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 10px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 22.3684%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Weighted average useful life (years) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1px solid #000000; height: 10px; width: 7.99595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Adoption IFRS 16 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 0.910931%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1px solid #000000; height: 10px; width: 8.09717%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Additions and remeasurement &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1px solid #000000; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Write-offs &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1px solid #000000; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Transfer &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1px solid #000000; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Effect of foreign currency exchange rate variation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1px solid #000000; height: 10px; width: 7.99595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Amortization &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1px solid #000000; height: 10px; width: 7.99595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 22.3684%; height: 17px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Cost: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.89474%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.99595%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.910931%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.21457%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.09717%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01215%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.11336%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.89474%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01215%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.11336%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.89474%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.21457%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.89474%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01215%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.11336%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.99595%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01215%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.11336%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.99595%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01215%; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 22.3684%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Real estate &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 7 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,636,330 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.910931%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.09717%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 308,622 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (55,605 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 98,043 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 80,930 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,068,320 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 22.3684%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-size: 10pt;"&gt; Port area (i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 0.910931%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 8.09717%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 68,007 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 68,007 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 22.3684%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Others &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 4 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 95,097 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.910931%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 8.09717%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 26,235 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,981 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 27,847 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 4,272 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 151,470 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 22.3684%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,731,427 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 0.910931%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 8.09717%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 402,864 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (57,586 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 125,890 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 85,202 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,287,797 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 22.3684%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Accumulated amortization: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.910931%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.09717%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 22.3684%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Real estate &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 0.910931%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 8.09717%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 6,682 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 36 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (262,750 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (256,032 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 22.3684%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Others &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.910931%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 8.09717%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 442 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (14,068 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 81 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (37,308 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (50,853 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 22.3684%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 0.910931%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px; width: 8.09717%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 7,124 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (14,068 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 117 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (300,058 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (306,885 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 22.3684%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net amount &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; height: 18px; width: 7.99595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,731,427 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 18px; width: 0.910931%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; height: 18px; width: 8.09717%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 402,864 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; height: 18px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (50,462 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; height: 18px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 111,822 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; height: 18px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 85,319 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; height: 18px; width: 7.99595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (300,058 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; height: 18px; width: 7.99595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,980,912 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;i&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;) Refers to the area port lease, which R$ 68,007 was paid by the Company&#x2019;s subsidiaries in the fourth quarter of &lt;span style="border-left: none; border-right: none;"&gt;2019&lt;/span&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;

&lt;/div&gt;
&lt;/div&gt;
&lt;div&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div&gt;
&lt;div id="t_ft_L9BM8HIKI800000000000000000000b"&gt;

&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;b. Lease&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;p&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;ayable&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The changes in leases &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;payable &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;are shown below:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_VRUHNTVL3K00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 396px; text-indent: 0px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 87%; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2018 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 46,066 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.49701%; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 87%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Adoption IFRS 16 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 12%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,363,803 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 87%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Interest accrued &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 12%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 128,996 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 87%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Payments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 12%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (321,716 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 87%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Additions and remeasurement &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 12%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 334,857 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 87%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Write-offs &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 12%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (52,129 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 87%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Effect of foreign currency exchange rate variation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px; margin: 0px; text-indent: 0px; width: 12%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 88,796 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 87%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,588,673 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 87%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Interest accrued &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 144,655 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 87%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Payments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (360,787 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 87%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Additions and remeasurement &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 484,121 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 87%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Write-offs &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (35,381 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 87%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Effect of foreign currency exchange rate variation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 12,007 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 87%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Assignment of contract &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px; margin: 0px; text-indent: 0px; width: 12%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 87%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px; margin: 0px; text-indent: 0px; width: 12%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,833,288 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 87%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Interest accrued &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 147,494 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom-width: 1px; width: 87%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Payments &lt;/span&gt;&lt;span style="font-size: 8pt;"&gt;&lt;span style="font-family: 'Times New Roman'; vertical-align: super;"&gt;(&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; vertical-align: super;"&gt;i&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; vertical-align: super;"&gt;)&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (440,574 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 1.49701%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 87%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Additions and remeasurement &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 288,711 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 87%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Write-offs &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (83,157 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 87%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Effect of foreign currency exchange rate variation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 16,264 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom-width: 1px; width: 87%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Reclassification to liabilities held for sale &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; vertical-align: super; font-size: 8pt;"&gt;(ii)&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 12%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (413,715 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 1.49701%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 87%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px; margin: 0px; text-indent: 0px; width: 12%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,348,311 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; width: 1.49701%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 87%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px; width: 12%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 188,832 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px; width: 1.49701%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 87%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Non-current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 12%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,159,479 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0px; text-align: justify; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-size: 8pt;"&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; vertical-align: super;"&gt;(i)&lt;/span&gt;&lt;/sup&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Includes the amount of R$ 29,237 paid by subsidiary Tequimar Vila do Conde related to port concession grants.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; vertical-align: super; font-size: 8pt;"&gt;(ii)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; For further information. see Note 3.c.1.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The future disbursements (installments) assumed under &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;leases&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; contracts are presented below:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_011B9S3RLC00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 12.75pt; background-color: #ffffff;"&gt;
&lt;td colspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; border-bottom: 1px solid #000000; background-color: #ffffff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 87%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Up to 1 year &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 304,007 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; width: 1%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; From 1 to 2 years &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 264,224 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; From 2 to 3 years &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 241,323 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; From 3 to 4 years &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 218,157 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; From 4 to 5 years &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 152,671 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; More than 5 years &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 965,220 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,145,602 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The contracts related to the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;leases&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; payable are substantially indexed by the IGP-M (General Market Price Index is a measure of Brazilian inflation, calculated by the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Get&#xfa;lio&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; Vargas Foundation).&#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div&gt;

&lt;/div&gt;
&lt;p style="font-size: 11pt; line-height: 115%; margin: 2pt 0pt 10pt; text-align: justify; margin-top: 6pt; font-style: italic; font-weight: bold;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;"&gt;b.1. Discount rates&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The weighted average discount rates for the lease contracts &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of the Company &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;are&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;:&#160;&#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_JV9A1D6FZK00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 99.8338%; height: 102px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td colspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Contracts for maturity date and discount rate &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Maturity date of the contracts&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Discount rates (% p.a.) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 50%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Up to 5 years &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 49%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 6.92 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; From 6 to 10 years &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 7.12 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; From 11 to 15 years &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 7.35 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; More than 15 years &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 8.18 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;c. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Lease contracts of low amount assets&#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Subsidiaries Cia. Ultragaz, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Bahiana&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;I&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;PP and&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Serma&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; have operating lease contracts &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;consider as &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;being of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;low value, short &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;term&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and variable payments &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;for the use of&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; factory and&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; IT equipment&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#x2019;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s, vehicles and real states&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. The subsidiaries have the option to purchase the assets &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;referring to IT equipment &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;at a price equal to the fair &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;value&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; on the date of option, and management does not intend to exercise such option. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The future disbursements (&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;payments&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;), assumed &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as a result of&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; these contracts amount approximately to:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" style="border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 22.7pt; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right; font-weight: bold;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; Up to 1 year &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right; font-weight: bold;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; Between 1 and 5 years &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 58%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 124 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 994 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,118 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 1%; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,147 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 6,145 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 7,292 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; amount of leases considered&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;low value, short term and variable payments, recognized as &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;an &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;expense &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;for the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;year&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; ended&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;1&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;2021&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;was R$ 13,524&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;13,965&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;for the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;year&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; ended&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;1&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, 2020&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;and R$ 7,255 for the year ended December 31, 2019&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;).&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;
</ifrs-full:DisclosureOfLeasesExplanatory>
    <ifrs-full:DisclosureOfQuantitativeInformationAboutRightofuseAssetsExplanatory contextRef="D20211231_3" id="Tag2732">
&lt;div&gt;
&lt;div style="border-left: none; border-right: none;"&gt;
&lt;div id="t_ft_Q84GSOJHAO00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 331px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 25px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 25px; background-color: #ffffff; width: 13.5081%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; width: 6.85484%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Weighted average useful life (years) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 25px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; border-bottom: 1pt solid #000000; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Additions and remeasurement &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 25px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Write-offs &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 25px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Transfer (i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 25px; width: 1.27389%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Effect of foreign currency exchange rate variation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 25px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; border-bottom: 1pt solid #000000; width: 7.96371%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Amortization &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 25px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; border-bottom: 1pt solid #000000; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Reclassification to assets held for sale (ii) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 25px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 25px; background-color: #ffffff; border-bottom: 1pt solid #000000; width: 7.8629%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 25px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 13.5081%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Cost: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.85484%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.27389%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.96371%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.8629%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 13.5081%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Real estate (iii) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; width: 6.85484%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 10 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,254,432 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt; 257,787 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt; (150,718 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.27389%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,295 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.96371%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (569,323 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8629%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt; 1,793,473 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 13.5081%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Port area &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 6.85484%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 20 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 268,534 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt; 31,096 (*) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.27389%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.96371%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8629%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 299,630 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 13.5081%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Vehicles &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; width: 6.85484%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 4 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 139,843 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 26,589 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (9,315 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.27389%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 103 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.96371%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (11,047 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8629%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 146,173 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 13.5081%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Equipment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 6.85484%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 6 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 44,936 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 19,887 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (6,171 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.27389%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,920 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.96371%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (43,832 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8629%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 16,740 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 13.5081%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Others &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; width: 6.85484%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 20 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 27,846 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.27389%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.96371%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.8629%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 27,846 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 13.5081%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.85484%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,735,591 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt; 335,359 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt; (166,204 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.27389%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,318 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.96371%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (624,202 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8629%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt; 2,283,862 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 13.5081%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Accumulated amortization: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.85484%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.27389%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.96371%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8629%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 13.5081%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Real estate &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.85484%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (481,975 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt; 76,954 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.27389%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (530 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.96371%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (283,882 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 199,963 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8629%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt; (489,470 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 13.5081%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Port area &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.85484%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (3,962 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.06452%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (11,935 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.27389%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.96371%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (7,629 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.06452%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8629%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (23,526 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 13.5081%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Vehicles &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.85484%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (63,091 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 7,032 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.27389%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (54 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.96371%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (48,146 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 5,392 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8629%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (98,867 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 13.5081%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Equipment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.85484%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (19,619 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.06452%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 6,483 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.27389%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.7621%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (897) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.96371%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (17,637 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.06452%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 29,836 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8629%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,834 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 13.5081%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Others &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.85484%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (16,658 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.27389%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 7.96371%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (2,212 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 7.8629%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (18,870 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 13.5081%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.85484%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (585,305 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt; 90,469 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (11,935 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.27389%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,481 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 7.96371%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (359,506 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 235,191 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 7.8629%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt; (632,567 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 13.5081%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Impairment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.85484%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.27389%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.96371%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8629%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 13.5081%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Real estate &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.85484%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (38,957 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.27389%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.96371%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 38,957 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.8629%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 13.5081%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.85484%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (38,957 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.27389%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 7.96371%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 38,957 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 7.8629%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 13.5081%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net amount &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.85484%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 2.8pt double #000000; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,150,286 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 2.8pt double #000000; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 296,402 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 2.8pt double #000000; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt; (75,735 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 2.8pt double #000000; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (11,935 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.27389%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 2.8pt double #000000; width: 7.7621%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,837 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 2.8pt double #000000; width: 7.96371%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (359,506 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 2.8pt double #000000; width: 8.06452%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (350,054 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.20968%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 2.8pt double #000000; width: 7.8629%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt; 1,651,295 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.00806%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 2pt 0pt 0pt 7.1pt; text-align: justify; text-indent: -7.1pt;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;div&gt;
&lt;div id="t_ft_V6UF32O94W00000000000000000000b"&gt;

&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;div style="margin: 0px; text-indent: 0px;"&gt;
&lt;div id="t_ft_GP6T841WJK00000000000000000000b"&gt;
&lt;table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;"&gt;
&lt;tbody&gt;
&lt;tr&gt;
&lt;td style="width: 2%; vertical-align: top; text-align: right; padding: 15px 1px 0px;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(i)&#160;&lt;/span&gt;&lt;/td&gt;
&lt;td style="width: 98%; text-align: justify; padding: 15px 1px 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-family: 'Times New Roman';"&gt;Refers to the amortization of right-of-use assets in the subsidiary Tequimar Vila do Conde Log&#xed;stica Portu&#xe1;ria S.A. (&#x201c;Tequimar Vila do Conde&#x201d;), which is being capitalized as Construction in progress,&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;starting its operation in December 2021&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td style="vertical-align: top; text-align: right; width: 2%;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(ii)&lt;/span&gt;&lt;/td&gt;
&lt;td style="text-align: justify; width: 98%;"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;For further information, see Note 3.c.1.&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td style="vertical-align: top; text-align: right; width: 2%;" valign="top"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;(ii&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;i&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;)&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
&lt;td style="text-align: justify; width: 98%;"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;Includes lease contracts as presented in Note 9.a.&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td style="vertical-align: top; text-align: right; width: 2%;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(*)&lt;/span&gt;&lt;/td&gt;
&lt;td style="text-align: justify; width: 98%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt 7.1pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; text-indent: -7.1pt;"&gt; Includes balances of R$&#160;14,905&#160;referring to initial direct costs of right-of-use assets. &lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 2pt 0pt 0pt 7.1pt; text-align: justify; text-indent: -7.1pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_PUK39V1J5S00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 274px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 19px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 27.8481%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Weighted average useful life (years) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; border-bottom: 1px solid #000000; width: 7.8481%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; border-bottom: 1px solid #000000; width: 10.1266%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Additions and remeasurement &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; border-bottom: 1px solid #000000; width: 7.46835%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Write-offs &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; border-bottom: 1px solid #000000; width: 7.59494%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Effect of foreign currency exchange rate variation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; border-bottom: 1px solid #000000; width: 8.86076%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Amortization &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 19px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 19px; background-color: #ffffff; border-bottom: 1px solid #000000; width: 7.8481%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 19px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 27.8481%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Cost: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 27.8481%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Real estate &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 10 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,068,254 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 259,244 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (78,529 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 5,463 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,254,432 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 27.8481%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Port area &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 20 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 68,007 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 200,527 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 268,534 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 27.8481%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Vehicles &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 4 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 91,868 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 55,616 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (7,893 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 252 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 139,843 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 27.8481%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Equipment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 6 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 31,822 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 7,833 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (572 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 5,853 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 44,936 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 27.8481%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Others &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 20 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 7.8481%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 27,846 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 10.1266%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 7.46835%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 7.59494%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 8.86076%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1px solid #000000; width: 7.8481%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 27,846 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 27.8481%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,287,797 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 523,220 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (86,994 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 11,568 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,735,591 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 27.8481%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Accumulated amortization: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 27.8481%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Real estate &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (256,430 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 46,282 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (697 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (271,130 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (481,975 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 27.8481%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Port area &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (3,962 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (3,962 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 27.8481%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Vehicles &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (27,492 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 5,509 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 232 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (41,340 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (63,091 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 27.8481%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Equipment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (7,600 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 10.1266%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.46835%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 572 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.59494%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,996 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.86076%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (10,595 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.8481%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (19,619 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 27.8481%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Others &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72152%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 7.8481%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (15,363 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 10.1266%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.26582%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 7.46835%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 7.59494%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 8.86076%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,295 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 7.8481%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (16,658 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 27.8481%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72152%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.8481%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (306,885 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 10.1266%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.26582%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.46835%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 52,363 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.59494%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (2,461 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 8.86076%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (328,322 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.51899%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 7.8481%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (585,305 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 27.8481%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net amount &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72152%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 7.8481%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,980,912 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 10.1266%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 523,220 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.26582%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 7.46835%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (34,631 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 7.59494%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 9,107 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.13924%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 8.86076%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (328,322 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.51899%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 7.8481%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,150,286 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.13924%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div&gt;
&lt;div id="t_ft_JV9D42TOC000000000000000000000b"&gt;

&lt;/div&gt;
&lt;/div&gt;
&lt;div style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;div id="t_ft_9C44H22TN400000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 181px; text-indent: 0px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 10px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 22.3684%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Weighted average useful life (years) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1px solid #000000; height: 10px; width: 7.99595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Adoption IFRS 16 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 0.910931%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1px solid #000000; height: 10px; width: 8.09717%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Additions and remeasurement &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1px solid #000000; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Write-offs &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1px solid #000000; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Transfer &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1px solid #000000; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Effect of foreign currency exchange rate variation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1px solid #000000; height: 10px; width: 7.99595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Amortization &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1px solid #000000; height: 10px; width: 7.99595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 22.3684%; height: 17px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Cost: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.89474%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.99595%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.910931%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.21457%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.09717%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01215%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.11336%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.89474%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01215%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.11336%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.89474%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.21457%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.89474%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01215%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.11336%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.99595%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01215%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.11336%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.99595%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.01215%; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 22.3684%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Real estate &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 7 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,636,330 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.910931%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.09717%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 308,622 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (55,605 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 98,043 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 80,930 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,068,320 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 22.3684%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-size: 10pt;"&gt; Port area (i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 0.910931%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 8.09717%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 68,007 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 68,007 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 22.3684%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Others &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 4 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 95,097 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.910931%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 8.09717%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 26,235 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,981 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 27,847 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 4,272 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 151,470 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 22.3684%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,731,427 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 0.910931%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 8.09717%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 402,864 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (57,586 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 125,890 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 85,202 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,287,797 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 22.3684%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Accumulated amortization: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.910931%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 8.09717%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 22.3684%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Real estate &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 0.910931%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 8.09717%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 6,682 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 36 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (262,750 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (256,032 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 22.3684%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Others &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.910931%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 8.09717%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 442 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (14,068 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 81 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (37,308 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (50,853 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 22.3684%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 0.910931%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px; width: 8.09717%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 7,124 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (14,068 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.21457%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 117 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (300,058 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.11336%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px; width: 7.99595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (306,885 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 22.3684%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net amount &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; height: 18px; width: 7.99595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,731,427 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 18px; width: 0.910931%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; height: 18px; width: 8.09717%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 402,864 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; height: 18px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (50,462 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; height: 18px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 111,822 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.21457%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; height: 18px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 85,319 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; height: 18px; width: 7.99595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (300,058 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.11336%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 2.8pt double #000000; height: 18px; width: 7.99595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,980,912 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 18px; width: 1.01215%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;i&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;) Refers to the area port lease, which R$ 68,007 was paid by the Company&#x2019;s subsidiaries in the fourth quarter of &lt;span style="border-left: none; border-right: none;"&gt;2019&lt;/span&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;
</ifrs-full:DisclosureOfQuantitativeInformationAboutRightofuseAssetsExplanatory>
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&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The changes in leases &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;payable &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;are shown below:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_VRUHNTVL3K00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 396px; text-indent: 0px;" width="100%"&gt;
&lt;tbody&gt;
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&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2018 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
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&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 46,066 &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.49701%; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
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&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 87%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Adoption IFRS 16 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 12%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,363,803 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 87%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Interest accrued &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 12%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 128,996 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 87%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Payments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 12%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (321,716 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 87%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Additions and remeasurement &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 12%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 334,857 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 87%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Write-offs &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 12%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (52,129 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 87%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Effect of foreign currency exchange rate variation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px; margin: 0px; text-indent: 0px; width: 12%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 88,796 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 87%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,588,673 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 87%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Interest accrued &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 144,655 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 87%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Payments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (360,787 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 87%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Additions and remeasurement &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 484,121 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 87%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Write-offs &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (35,381 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 87%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Effect of foreign currency exchange rate variation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 12,007 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 87%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Assignment of contract &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px; margin: 0px; text-indent: 0px; width: 12%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 87%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px; margin: 0px; text-indent: 0px; width: 12%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,833,288 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 87%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Interest accrued &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 147,494 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom-width: 1px; width: 87%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Payments &lt;/span&gt;&lt;span style="font-size: 8pt;"&gt;&lt;span style="font-family: 'Times New Roman'; vertical-align: super;"&gt;(&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; vertical-align: super;"&gt;i&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; vertical-align: super;"&gt;)&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (440,574 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 1.49701%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 87%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Additions and remeasurement &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 288,711 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 87%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Write-offs &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (83,157 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 87%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Effect of foreign currency exchange rate variation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 12%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 16,264 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom-width: 1px; width: 87%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Reclassification to liabilities held for sale &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; vertical-align: super; font-size: 8pt;"&gt;(ii)&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 10px; margin: 0px; text-indent: 0px; width: 12%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (413,715 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 1.49701%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 87%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px; margin: 0px; text-indent: 0px; width: 12%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,348,311 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; width: 1.49701%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 87%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px; width: 12%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 188,832 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px; width: 1.49701%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 87%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Non-current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 12%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,159,479 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49701%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0px; text-align: justify; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-size: 8pt;"&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; vertical-align: super;"&gt;(i)&lt;/span&gt;&lt;/sup&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Includes the amount of R$ 29,237 paid by subsidiary Tequimar Vila do Conde related to port concession grants.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; vertical-align: super; font-size: 8pt;"&gt;(ii)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; For further information. see Note 3.c.1.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
</ifrs-full:DisclosureOfAdditionalInformationAboutLeasingActivitiesForLesseeExplanatory>
    <ifrs-full:LeaseLiabilities
      contextRef="I20181231"
      decimals="-3"
      id="Tag2608"
      unitRef="BRL">46066000</ifrs-full:LeaseLiabilities>
    <ifrs-full:AmountOfReclassificationsOrChangesInPresentation
      contextRef="D20191231_LeaseLiabilitiesMember_IFRS16Member"
      decimals="-3"
      id="Tag2645"
      unitRef="BRL">1363803000</ifrs-full:AmountOfReclassificationsOrChangesInPresentation>
    <ifrs-full:InterestExpenseOnLeaseLiabilities
      contextRef="D20191231"
      decimals="-3"
      id="Tag7803"
      unitRef="BRL">128996000</ifrs-full:InterestExpenseOnLeaseLiabilities>
    <ifrs-full:CashOutflowForLeases
      contextRef="D20191231"
      decimals="-3"
      id="Tag2540"
      unitRef="BRL">321716000</ifrs-full:CashOutflowForLeases>
    <ugp:AdditionsAndRemeasurementOfLeaseLiability
      contextRef="D20191231"
      decimals="-3"
      id="Tag2591"
      unitRef="BRL">334857000</ugp:AdditionsAndRemeasurementOfLeaseLiability>
    <ugp:WriteOffsOfLeaseLiabilities
      contextRef="D20191231"
      decimals="-3"
      id="Tag2561"
      unitRef="BRL">-52129000</ugp:WriteOffsOfLeaseLiabilities>
    <ugp:IncreaseDecreaseThroughNetExchangeDifferencesLeaseLiabilities
      contextRef="D20191231"
      decimals="-3"
      id="Tag5639"
      unitRef="BRL">88796000</ugp:IncreaseDecreaseThroughNetExchangeDifferencesLeaseLiabilities>
    <ifrs-full:LeaseLiabilities
      contextRef="I20191231"
      decimals="-3"
      id="Tag2679"
      unitRef="BRL">1588673000</ifrs-full:LeaseLiabilities>
    <ifrs-full:InterestExpenseOnLeaseLiabilities
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag2552"
      unitRef="BRL">144655000</ifrs-full:InterestExpenseOnLeaseLiabilities>
    <ifrs-full:CashOutflowForLeases
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag2744"
      unitRef="BRL">360787000</ifrs-full:CashOutflowForLeases>
    <ugp:AdditionsAndRemeasurementOfLeaseLiability
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag2489"
      unitRef="BRL">484121000</ugp:AdditionsAndRemeasurementOfLeaseLiability>
    <ugp:WriteOffsOfLeaseLiabilities
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag2490"
      unitRef="BRL">-35381000</ugp:WriteOffsOfLeaseLiabilities>
    <ugp:IncreaseDecreaseThroughNetExchangeDifferencesLeaseLiabilities
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag2711"
      unitRef="BRL">12007000</ugp:IncreaseDecreaseThroughNetExchangeDifferencesLeaseLiabilities>
    <ugp:IncreaseDecreaseThroughAssignmentOfContractLeaseLiabilities
      contextRef="D20201231_3"
      id="Tag7175"
      unitRef="BRL"
      xsi:nil="true"/>
    <ifrs-full:LeaseLiabilities
      contextRef="I20201231"
      decimals="-3"
      id="Tag2537"
      unitRef="BRL">1833288000</ifrs-full:LeaseLiabilities>
    <ifrs-full:InterestExpenseOnLeaseLiabilities
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag2659"
      unitRef="BRL">147494000</ifrs-full:InterestExpenseOnLeaseLiabilities>
    <ifrs-full:CashOutflowForLeases
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag5696"
      unitRef="BRL">440574000</ifrs-full:CashOutflowForLeases>
    <ugp:AdditionsAndRemeasurementOfLeaseLiability
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag2501"
      unitRef="BRL">288711000</ugp:AdditionsAndRemeasurementOfLeaseLiability>
    <ugp:WriteOffsOfLeaseLiabilities
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag5668"
      unitRef="BRL">-83157000</ugp:WriteOffsOfLeaseLiabilities>
    <ugp:IncreaseDecreaseThroughNetExchangeDifferencesLeaseLiabilities
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag2640"
      unitRef="BRL">16264000</ugp:IncreaseDecreaseThroughNetExchangeDifferencesLeaseLiabilities>
    <ugp:DecreaseThroughClassifiedAsHeldForSaleLeaseLiabilities
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag2662"
      unitRef="BRL">413715000</ugp:DecreaseThroughClassifiedAsHeldForSaleLeaseLiabilities>
    <ifrs-full:LeaseLiabilities
      contextRef="I20211231"
      decimals="-3"
      id="Tag2563"
      unitRef="BRL">1348311000</ifrs-full:LeaseLiabilities>
    <ifrs-full:CurrentLeaseLiabilities
      contextRef="I20211231"
      decimals="-3"
      id="Tag2516"
      unitRef="BRL">188832000</ifrs-full:CurrentLeaseLiabilities>
    <ifrs-full:NoncurrentLeaseLiabilities
      contextRef="I20211231"
      decimals="-3"
      id="Tag2585"
      unitRef="BRL">1159479000</ifrs-full:NoncurrentLeaseLiabilities>
    <ifrs-full:CashOutflowForLeases
      contextRef="D20211231_TequimarVilaDoCondeMember"
      decimals="-3"
      id="Tag2629"
      unitRef="BRL">29237000</ifrs-full:CashOutflowForLeases>
    <ifrs-full:DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsExplanatory contextRef="D20211231_3" id="Tag2750">
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The future disbursements (installments) assumed under &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;leases&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; contracts are presented below:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_011B9S3RLC00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 12.75pt; background-color: #ffffff;"&gt;
&lt;td colspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; border-bottom: 1px solid #000000; background-color: #ffffff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 87%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Up to 1 year &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 304,007 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; width: 1%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; From 1 to 2 years &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 264,224 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; From 2 to 3 years &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 241,323 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; From 3 to 4 years &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 218,157 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; From 4 to 5 years &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 152,671 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; More than 5 years &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 965,220 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,145,602 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
</ifrs-full:DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsExplanatory>
    <ugp:UndiscountedOperatingLeasePaymentsToBePaid
      contextRef="I20211231_NotLaterThanOneYearMember"
      decimals="-3"
      id="Tag2726"
      unitRef="BRL">304007000</ugp:UndiscountedOperatingLeasePaymentsToBePaid>
    <ugp:UndiscountedOperatingLeasePaymentsToBePaid
      contextRef="I20211231_LaterThanOneYearAndNotLaterThanTwoYearsMember"
      decimals="-3"
      id="Tag2669"
      unitRef="BRL">264224000</ugp:UndiscountedOperatingLeasePaymentsToBePaid>
    <ugp:UndiscountedOperatingLeasePaymentsToBePaid
      contextRef="I20211231_LaterThanTwoYearsAndNotLaterThanThreeYearsMember"
      decimals="-3"
      id="Tag2526"
      unitRef="BRL">241323000</ugp:UndiscountedOperatingLeasePaymentsToBePaid>
    <ugp:UndiscountedOperatingLeasePaymentsToBePaid
      contextRef="I20211231_LaterThanThreeYearsAndNotLaterThanFourYearsMember"
      decimals="-3"
      id="Tag2498"
      unitRef="BRL">218157000</ugp:UndiscountedOperatingLeasePaymentsToBePaid>
    <ugp:UndiscountedOperatingLeasePaymentsToBePaid
      contextRef="I20211231_LaterThanFourYearsAndNotLaterThanFiveYearsMember"
      decimals="-3"
      id="Tag2741"
      unitRef="BRL">152671000</ugp:UndiscountedOperatingLeasePaymentsToBePaid>
    <ugp:UndiscountedOperatingLeasePaymentsToBePaid
      contextRef="I20211231_LaterThanFiveYearsMember"
      decimals="-3"
      id="Tag2605"
      unitRef="BRL">965220000</ugp:UndiscountedOperatingLeasePaymentsToBePaid>
    <ugp:UndiscountedOperatingLeasePaymentsToBePaid
      contextRef="I20211231"
      decimals="-3"
      id="Tag7179"
      unitRef="BRL">2145602000</ugp:UndiscountedOperatingLeasePaymentsToBePaid>
    <ugp:DisclosureOfMaturityAnalysisOfWeightedAverageDiscountRatesForLeasePayableTableTextBlock contextRef="D20211231_3" id="Tag2749">
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The weighted average discount rates for the lease contracts &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of the Company &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;are&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;:&#160;&#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_JV9A1D6FZK00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 99.8338%; height: 102px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td colspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Contracts for maturity date and discount rate &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Maturity date of the contracts&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Discount rates (% p.a.) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 50%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Up to 5 years &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 49%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 6.92 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; From 6 to 10 years &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 7.12 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; From 11 to 15 years &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 7.35 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; More than 15 years &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 8.18 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
</ugp:DisclosureOfMaturityAnalysisOfWeightedAverageDiscountRatesForLeasePayableTableTextBlock>
    <ifrs-full:WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16
      contextRef="I20211231_NotLaterThanFiveYearsMember"
      decimals="4"
      id="Tag7181"
      unitRef="Pure">0.0692</ifrs-full:WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16>
    <ifrs-full:WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16
      contextRef="I20211231_LaterThanFiveYearsAndNotLaterThanTenYearsMember"
      decimals="4"
      id="Tag2557"
      unitRef="Pure">0.0712</ifrs-full:WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16>
    <ifrs-full:WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16
      contextRef="I20211231_LaterThanTenYearsAndNotLaterThanFifteenYearsMember"
      decimals="4"
      id="Tag2672"
      unitRef="Pure">0.0735</ifrs-full:WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16>
    <ifrs-full:WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16
      contextRef="I20211231_LaterThanFifteenYearsMember"
      decimals="4"
      id="Tag1618"
      unitRef="Pure">0.0818</ifrs-full:WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16>
    <ugp:DisclosureOfLeasesContractOfLowAssetValueExplanatoryTableTextBlock contextRef="D20211231_3" id="Tag2511">&lt;span style="font-family: 'Times New Roman';"&gt;The future disbursements (&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;payments&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;), assumed &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as a result of&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; these contracts amount approximately to:&lt;/span&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 22.7pt; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right; font-weight: bold;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; Up to 1 year &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right; font-weight: bold;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; Between 1 and 5 years &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 58%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 124 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 994 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,118 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 1%; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,147 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 6,145 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 7,292 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
</ugp:DisclosureOfLeasesContractOfLowAssetValueExplanatoryTableTextBlock>
    <ugp:UndiscountedOperatingLeasePaymentsToBePaidForContractsOfLowAmountAssets
      contextRef="I20211231_NotLaterThanOneYearMember"
      decimals="-3"
      id="Tag2632"
      unitRef="BRL">124000</ugp:UndiscountedOperatingLeasePaymentsToBePaidForContractsOfLowAmountAssets>
    <ugp:UndiscountedOperatingLeasePaymentsToBePaidForContractsOfLowAmountAssets
      contextRef="I20211231_LaterThanOneYearAndNotLaterThanFiveYearsMember"
      decimals="-3"
      id="Tag5697"
      unitRef="BRL">994000</ugp:UndiscountedOperatingLeasePaymentsToBePaidForContractsOfLowAmountAssets>
    <ugp:UndiscountedOperatingLeasePaymentsToBePaidForContractsOfLowAmountAssets
      contextRef="I20211231"
      decimals="-3"
      id="Tag2508"
      unitRef="BRL">1118000</ugp:UndiscountedOperatingLeasePaymentsToBePaidForContractsOfLowAmountAssets>
    <ugp:UndiscountedOperatingLeasePaymentsToBePaidForContractsOfLowAmountAssets
      contextRef="I20201231_NotLaterThanOneYearMember"
      decimals="-3"
      id="Tag2595"
      unitRef="BRL">1147000</ugp:UndiscountedOperatingLeasePaymentsToBePaidForContractsOfLowAmountAssets>
    <ugp:UndiscountedOperatingLeasePaymentsToBePaidForContractsOfLowAmountAssets
      contextRef="I20201231_LaterThanOneYearAndNotLaterThanFiveYearsMember"
      decimals="-3"
      id="Tag7192"
      unitRef="BRL">6145000</ugp:UndiscountedOperatingLeasePaymentsToBePaidForContractsOfLowAmountAssets>
    <ugp:UndiscountedOperatingLeasePaymentsToBePaidForContractsOfLowAmountAssets
      contextRef="I20201231"
      decimals="-3"
      id="Tag2541"
      unitRef="BRL">7292000</ugp:UndiscountedOperatingLeasePaymentsToBePaidForContractsOfLowAmountAssets>
    <ifrs-full:ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag7168"
      unitRef="BRL">13524000</ifrs-full:ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed>
    <ifrs-full:ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag2631"
      unitRef="BRL">13965000</ifrs-full:ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed>
    <ifrs-full:ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed
      contextRef="D20191231"
      decimals="-3"
      id="Tag2565"
      unitRef="BRL">7255000</ifrs-full:ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed>
    <ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory contextRef="D20211231_3" id="Tag2753">
&lt;p style="margin: 0pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;15&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;Property, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;p&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;lant, and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;e&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;quipment&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Balances and changes in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;PP&amp;amp;E&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; are as follows:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 12pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_XMFO3SIGAO00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 298px; text-indent: 0px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 34px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 34px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 12pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Weighted average useful life (years) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Additions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Depreciation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 8pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;Transfer &lt;/span&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold; vertical-align: super;"&gt;(&lt;/span&gt;&lt;/sup&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold; vertical-align: super;"&gt;i&lt;/span&gt;&lt;/sup&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold; vertical-align: super;"&gt;) (ii)&lt;/span&gt;&lt;/sup&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Write-offs and disposals &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Effect of foreign currency exchange rate variation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 8pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;Reclassified to assets held for sale&lt;/span&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold; vertical-align: super;"&gt;&#160;&lt;/span&gt;&lt;/sup&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold; vertical-align: super;"&gt;(iii)&lt;/span&gt;&lt;/sup&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Cost: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 22%; height: 17px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Land &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; width: 7%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 7%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 687,108 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 7%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,424 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 7%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 7%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 7%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (17,503 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 7%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,416 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 7%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (65,151 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 7%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 610,294 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Buildings &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 33 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,154,710 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 47,920 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 119,748 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (34,925 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 26,997 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (827,729 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,486,721 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Leasehold improvements &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 10 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,222,822 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 21,944 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 136,206 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (31,587 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 30 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (293,236 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,056,179 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Machinery and equipment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 12 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 6,498,362 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 161,071 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 558,197 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (13,811 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 93,412 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (4,272,654 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,024,577 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 38px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 38px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Automotive fuel/lubricant distribution equipment and facilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 13 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,169,320 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 88,112 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 33,794 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (45,640 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,245,586 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; LPG tanks and bottles &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 9 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 776,479 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 91,842 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,567 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (28,957 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 840,931 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Vehicles &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 8 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 310,836 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 19,054 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 11,634 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (25,949 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 82 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (27,418 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 288,239 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Furniture and utensils &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 8 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 316,712 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 33,644 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,277 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (14,614 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,296 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (171,223 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 168,092 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; IT equipment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 5 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 444,844 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 28,350 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 901 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (11,998 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 705 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (132,427 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 330,375 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 22px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 22px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Construction in progress &lt;/span&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; vertical-align: super;"&gt;(ii)&lt;/span&gt;&lt;/sup&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 580,695 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 797,674 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (829,245 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (301 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,290 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (99,865 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 452,248 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Advances to suppliers &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 34,642 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 21,985 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (18,894 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (23,452 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 14,281 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Imports in progress &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 866 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 4,312 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (4,631) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 38 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (404 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 181 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 16,197,396 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,318,332 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 11,554 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (225,285 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 129,266 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (5,913,559 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 11,517,704 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;div&gt;

&lt;/div&gt;
&lt;p style="font-size: 11pt; line-height: 115%; text-align: justify; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;div id="t_ft_CZWMALA3EO00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 99.9987%; height: 422px; text-indent: 0px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 31px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 31px; border-bottom-width: 1px; width: 17.5857%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 12pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 31px; border-bottom-width: 1px; width: 1.93741%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 12pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.04769%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Additions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.94188%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Depreciation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 7.1535%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 8pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;Transfer &lt;/span&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold; vertical-align: super;"&gt;(&lt;/span&gt;&lt;/sup&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold; vertical-align: super;"&gt;i&lt;/span&gt;&lt;/sup&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold; vertical-align: super;"&gt;) (ii)&lt;/span&gt;&lt;/sup&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 7.45156%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Write-offs and disposals &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 7.30253%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Effect of foreign currency exchange rate variation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 10.8793%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 8pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;Reclassified to assets held for sale&lt;/span&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold; vertical-align: super;"&gt;&#160;&lt;/span&gt;&lt;/sup&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold; vertical-align: super;"&gt;(iii)&lt;/span&gt;&lt;/sup&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 17.5857%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Accumulated depreciation: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 1.93741%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.04769%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.94188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.1535%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.45156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.30253%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 10.8793%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.5857%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Buildings &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.93741%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.79285%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (851,397 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.04769%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.94188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (68,388 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.745156%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.1535%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (94 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.45156%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 23,031 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.30253%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (6,872 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.745156%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.8793%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 317,874 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.49031%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.745156%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.79285%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (585,846 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 17.5857%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Leasehold improvements &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 1.93741%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (689,161) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.04769%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.94188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (81,976 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.1535%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 81 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.45156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 27,519 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.30253%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (37 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 10.8793%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 170,021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (573,553 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 17.5857%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Machinery and equipment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; border-bottom-width: 1px; width: 1.93741%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (3,598,304 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.04769%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.94188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (356,637 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.1535%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.45156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 11,717 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.30253%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (21,651 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 10.8793%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,206,474 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,758,401 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 34px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 34px; border-bottom-width: 1px; width: 17.5857%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Automotive fuel/lubricant distribution equipment and facilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 34px; border-bottom-width: 1px; width: 1.93741%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,906,953 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.04769%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.94188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (178,110 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.1535%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (311 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.45156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 34,841 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.30253%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 10.8793%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (2,050,533 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 17.5857%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; LPG tanks and bottles &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; border-bottom-width: 1px; width: 1.93741%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (454,651 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.04769%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.94188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (62,558 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.1535%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.45156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 18,899 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.30253%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 10.8793%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (498,310 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 17.5857%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Vehicles &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 1.93741%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (143,854 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.04769%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.94188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (22,927 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.1535%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 195 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.45156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 15,480 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.30253%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (20 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 10.8793%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 17,977 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (133,149 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 17.5857%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Furniture and utensils &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; border-bottom-width: 1px; width: 1.93741%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (191,713 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.04769%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.94188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (23,594 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.1535%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 24 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.45156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 14,443 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.30253%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (817 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 10.8793%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 89,369 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (112,288 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 17.5857%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; IT equipment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 1.93741%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (352,256 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.04769%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.94188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (35,614 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 7.1535%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 317 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 7.45156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 11,489 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 7.30253%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (435 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 10.8793%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 106,965 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (269,534 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 17.5857%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; border-bottom-width: 1px; width: 1.93741%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (8,188,289 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.04769%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.94188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (829,804 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 7.1535%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 212 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 7.45156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 157,419 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 7.30253%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (29,832 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 10.8793%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,908,680 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (5,981,614 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 17.5857%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Provision for losses: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 1.93741%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.04769%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.94188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.1535%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.45156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.30253%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 10.8793%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 17.5857%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Land &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; border-bottom-width: 1px; width: 1.93741%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (146 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.04769%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.94188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.1535%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.45156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.30253%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 10.8793%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (146 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 17.5857%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Leasehold improvements &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 1.93741%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (61 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.04769%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (43,666 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.94188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.1535%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.45156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.30253%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (3 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 10.8793%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 43,712 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (18 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.5857%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Machinery and equipment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.93741%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (2,857 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.04769%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (839 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.94188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 7.1535%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 7.45156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 6 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 7.30253%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (45 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.8793%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,446 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49031%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,289 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 34px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 17.5857%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Automotive fuel/lubricant distribution equipment and facilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 34px; width: 1.93741%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (73 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 8.04769%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 8.94188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 7.1535%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 7.45156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 27 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 7.30253%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 10.8793%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 1.49031%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (46 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.5857%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Vehicles &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.93741%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.04769%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (160 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.94188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 7.1535%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 7.45156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 7.30253%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.8793%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 160 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49031%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 17.5857%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Furniture and utensils &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.93741%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 8.04769%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (14,887 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 8.94188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 7.1535%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 7.45156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 7.30253%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 10.8793%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 14,887 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49031%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.5857%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; IT equipment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.93741%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.04769%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,660 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.94188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 7.1535%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 7.45156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 7.30253%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.8793%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,660 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49031%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 17.5857%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Advances to suppliers &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.93741%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (110 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 8.04769%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 8.94188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 7.1535%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 7.45156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 7.30253%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 10.8793%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 110 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49031%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.5857%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.93741%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (3,247 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 8.04769%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (61,212 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 8.94188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 7.1535%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 7.45156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 33 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 7.30253%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (48 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 10.8793%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 62,975 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49031%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,499 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 17.5857%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net amount &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.93741%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 8,005,860 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; width: 8.04769%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,257,120 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; width: 8.94188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (829,804 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; width: 7.1535%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 11,766 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; width: 7.45156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (67,833 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; width: 7.30253%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 99,386 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; width: 10.8793%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (2,941,904 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49031%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 5,534,591 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;br/&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(i) Refers to &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;R&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;169&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;transferred &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;to&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; intangible assets.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(ii) Includes R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;11,935&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; transferred&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; from right-of-use&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; assets&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;(iii) &lt;span style="border-right: none; border-left: none;"&gt;For further information, see Note 3.c.1.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;div&gt;

&lt;/div&gt;
&lt;p style="margin: 0px; text-align: justify; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_Y1C68Q6NY800000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 311px; text-indent: 0px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 56px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 56px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Weighted average useful life (years) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 56px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 56px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Additions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 56px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Depreciation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 56px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Transfer (i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 56px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Write-offs and disposals &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 56px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Effect of foreign currency exchange rate variation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 56px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Cost: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 23%; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Land &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; width: 8%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 667,865 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 21,300 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,113 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (14,427 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 10,257 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 687,108 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Buildings &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 32 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,925,946 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 25,572 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 148,527 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (27,210 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 81,875 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,154,710 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Leasehold improvements &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 9 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,121,528 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 28,374 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 89,559 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (16,954 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 315 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,222,822 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Machinery and equipment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 13 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 5,707,721 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 144,089 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 378,883 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (5,554 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 273,223 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 6,498,362 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 34px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Automotive fuel/lubricant distribution equipment and facilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 34px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 13 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,991,472 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 90,279 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 133,963 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (46,394 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,169,320 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; LPG tanks and bottles &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 10 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 755,460 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 65,230 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 289 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (44,500 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 776,479 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Vehicles &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 8 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 320,161 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 22,495 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 8,363 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (40,517 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 334 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 310,836 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Furniture and utensils &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 9 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 295,604 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 13,985 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 6,775 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (3,694 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 4,042 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 316,712 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Construction in progress &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 827,086 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 506,367 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (765,785 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,167 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 14,194 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 580,695 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Advances to suppliers &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 12,544 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 28,339 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (6,185 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (56 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 34,642 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Imports in progress &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 250 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,437 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (822 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 866 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; IT equipment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 5 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 412,809 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 32,134 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 539 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (2,827 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,189 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 444,844 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 15,038,446 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 979,601 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (3,781 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (203,300 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 386,430 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 16,197,396 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;div&gt;

&lt;/div&gt;
&lt;p style="margin: 0px; text-align: justify; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 12pt;"&gt;&lt;br/&gt;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_JI06Y7WR4000000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 374px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 57px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Additions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Depreciation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Transfer (i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Write-offs and disposals &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Effect of foreign currency exchange rate variation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Accumulated depreciation: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 30%; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Buildings &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; width: 1%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (793,835 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (65,318 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,376 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 20,021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (14,641 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (851,397 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Leasehold improvements &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (614,379 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (80,995 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 49 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 6,252 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (88 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (689,161 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Machinery and equipment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (3,231,627 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (317,694 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 59 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 4,091 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (53,133 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (3,598,304 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 22px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 22px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Automotive fuel/lubricant distribution equipment and facilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 22px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,766,878 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (176,404 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (6 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 36,335 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,906,953 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; LPG tanks and bottles &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (425,554 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (56,267 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (30 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 27,200 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (454,651 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Vehicles &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (139,045 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (24,585 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 48 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 19,997 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (269 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (143,854 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Furniture and utensils &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (171,475 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (21,060 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 7 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,988 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (2,173 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (191,713 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; IT equipment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (318,063 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (35,080 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 122 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,676 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,911 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (352,256 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (7,460,856 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (777,403 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,625 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 119,560 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (72,215 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (8,188,289 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Provision for losses: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Advances to suppliers &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (110 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (110 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Land &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (146 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (146 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Leasehold improvements &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,599 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 910 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 639 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (11 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (61 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Machinery and equipment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (2,875 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 156 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (138 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (2,857 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 23px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 23px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Automotive fuel/lubricant distribution equipment and facilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 23px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 23px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (98 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 23px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 23px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 23px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 23px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 23px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 23px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 23px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 23px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 23px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 23px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 23px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 23px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 25 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 23px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 23px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 23px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 23px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 23px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 23px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (73 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 23px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (4,828 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 910 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 820 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (149 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (3,247 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net amount &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 7,572,762 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 980,511 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (777,403 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,156 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (82,920 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 314,066 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 8,005,860 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;(i) Refers to amounts transferred between items and to intangible assets.&lt;/span&gt;&lt;/p&gt;
&lt;div&gt;

&lt;/div&gt;
&lt;p style="margin: 0px; text-align: justify; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 12pt;"&gt;&lt;br/&gt;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_2X39FA40G000000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 335px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px; margin-left: 0.1px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 69px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 69px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Weighted average useful life (years) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2018 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Additions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Depreciation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Transfer (i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Write-offs and disposals &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Effect of foreign currency exchange rate variation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Oxiteno Andina (*) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/30/2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 22%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Cost: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Land &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 620,879 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 43,420 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 4,785 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (2,017 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,059 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (261 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 667,865 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Buildings &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 32 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,801,073 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 18,117 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 105,861 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (4,339 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 7,023 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,789 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,925,946 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Leasehold improvements &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 10 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,015,640 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 19,191 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 129,234 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (42,552 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 15 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,121,528 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Machinery and equipment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 13 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 5,219,256 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 131,831 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 365,953 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (4,967 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 9,596 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (13,948 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 5,707,721 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 45px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 45px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Automotive fuel/lubricant distribution equipment and facilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 45px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 14 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,864,333 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 103,288 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 81,038 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (57,187 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,991,472 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; LPG tanks and bottles &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 10 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 743,016 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 65,351 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (6,993 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (45,914 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 755,460 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Vehicles &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 7 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 308,756 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 24,686 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 7,564 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (20,353 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (394 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (98 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 320,161 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Furniture and utensils &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 9 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 279,016 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 15,009 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 4,399 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (2,665 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 198 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (353 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 295,604 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Construction in progress &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 922,799 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 591,525 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (695,301 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (108 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 8,344 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (173 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 827,086 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Advances to suppliers &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 14,088 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 7,378 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (8,921 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 12,544 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Imports in progress &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 41 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 9,513 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (9,304 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
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&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 250 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; IT equipment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 5 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 395,063 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 21,771 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 872 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (5,249 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 352 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 412,809 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 14,183,960 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,051,080 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (20,813 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (185,351 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 26,192 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (16,622 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 15,038,446 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;div&gt;

&lt;/div&gt;
&lt;p style="margin: 0px; text-align: justify; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;div id="t_ft_Q5J92B7J1C00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 458px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px; margin-left: 0.1px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 51px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 14.245%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.7094%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; border-bottom: 1px solid #000000; width: 8.83191%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2018 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; border-bottom: 1px solid #000000; width: 8.26211%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Additions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; border-bottom: 1px solid #000000; width: 9.40171%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Depreciation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; border-bottom: 1px solid #000000; width: 6.69516%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Transfer (i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; border-bottom: 1px solid #000000; width: 6.98006%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Write-offs and disposals &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; border-bottom: 1px solid #000000; width: 7.12251%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Effect of foreign currency exchange rate variation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; border-bottom: 1px solid #000000; width: 6.26781%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Oxiteno Andina (*) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; border-bottom: 1px solid #000000; width: 8.83191%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.43062%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 14.245%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Accumulated depreciation: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.7094%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 14.245%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Buildings &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.7094%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (743,117 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (58,158 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 187 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 4,681 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 893 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,679 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (793,835 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 14.245%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Leasehold improvements &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.7094%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (558,042 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (84,664 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,040 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 26,291 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (4 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (614,379 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 14.245%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Machinery and equipment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.7094%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (2,969,209 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (298,767 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,983 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,510 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 16,340 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 13,516 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (3,231,627 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 34px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 14.245%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Automotive fuel/lubricant distribution equipment and facilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 34px; background-color: #cceeff; width: 1.7094%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,657,608 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (159,961 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 50,691 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,766,878 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.43062%; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 14.245%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; LPG tanks and bottles &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.7094%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (401,056 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (57,890 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 4,467 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 28,925 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (425,554 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 14.245%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Vehicles &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.7094%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (123,650 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (27,106 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 28 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 11,274 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 311 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 98 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (139,045 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 14.245%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Furniture and utensils &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.7094%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (155,339 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (18,944 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (12 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,280 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 204 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 336 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (171,475 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 14.245%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; IT equipment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.7094%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 8.83191%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (288,083 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 8.26211%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 9.40171%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (34,782 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 6.69516%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 50 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 6.98006%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 5,061 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 7.12251%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (309 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 6.26781%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 8.83191%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (318,063 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 14.245%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Construction in progress &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.7094%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 8.83191%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (6,896,104 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 8.26211%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 9.40171%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (740,272 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 6.69516%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 9,743 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 6.98006%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 132,713 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 7.12251%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 17,435 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 6.26781%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 15,629 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 8.83191%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (7,460,856 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 14.245%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Provision for losses: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 14.245%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Advances to suppliers &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.7094%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (83 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (27 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (110 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 14.245%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Buildings &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.7094%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (306 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 306 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 14.245%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Land &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.7094%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (827 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 681 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (146 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 14.245%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Leasehold improvements &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.7094%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,385 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,528 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 111 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,203 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,599 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 33px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; width: 14.245%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Machinery and equipment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 33px; width: 1.7094%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (6,117 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 769 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,138 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,335 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (2,875 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.43062%; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 34px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 14.245%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Automotive fuel/lubricant distribution equipment and facilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 34px; background-color: #cceeff; width: 1.7094%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (165 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 67 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (98 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.43062%; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 14.245%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Construction in progress &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.7094%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (38 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 38 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 14.245%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Furniture and utensils &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.7094%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 8.83191%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (70 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 8.26211%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 9.40171%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 6.69516%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 6.98006%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 7.12251%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 6.26781%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 69 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 8.83191%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 14.245%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.7094%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 8.83191%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (8,991 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 8.26211%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,555 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 9.40171%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 6.69516%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 6.98006%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 948 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 7.12251%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,341 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 6.26781%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,429 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 8.83191%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (4,828 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 14.245%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net amount &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.7094%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 8.83191%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 7,278,865 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 8.26211%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,049,525 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 9.40171%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (740,272 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 6.69516%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (11,070 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 6.98006%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (51,690 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 7.12251%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 45,968 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 6.26781%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,436 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 8.83191%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 7,572,762 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 12pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(i) Refers to amounts transferred to intangible assets, inventories and right&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;-of-&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;use assets.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;(*) Refers to the asset write-offs of Oxiteno Andina.&lt;/span&gt;&lt;/p&gt;

&lt;div&gt;

&lt;/div&gt;
&lt;p style="margin: 0px; text-align: justify; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;Construction in progress relates substantially to expansions, renovations, constructions and upgrade of industrial facilities, terminals, stores, service stations and distribution bases.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;Advances to suppliers is related, basically, to manufacturing of assets for expansion of plants, terminals, stores, service stations and bases and acquisition of real estate.&#160;&#160;&lt;/span&gt;&lt;/p&gt;
</ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory>
    <ifrs-full:DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory contextRef="D20211231_3" id="Tag2752">
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Balances and changes in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;PP&amp;amp;E&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; are as follows:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 12pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_XMFO3SIGAO00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 298px; text-indent: 0px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 34px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 34px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 12pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Weighted average useful life (years) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Additions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Depreciation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 8pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;Transfer &lt;/span&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold; vertical-align: super;"&gt;(&lt;/span&gt;&lt;/sup&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold; vertical-align: super;"&gt;i&lt;/span&gt;&lt;/sup&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold; vertical-align: super;"&gt;) (ii)&lt;/span&gt;&lt;/sup&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Write-offs and disposals &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Effect of foreign currency exchange rate variation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 8pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;Reclassified to assets held for sale&lt;/span&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold; vertical-align: super;"&gt;&#160;&lt;/span&gt;&lt;/sup&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold; vertical-align: super;"&gt;(iii)&lt;/span&gt;&lt;/sup&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 34px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Cost: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 22%; height: 17px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Land &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; width: 7%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 7%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 687,108 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 7%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,424 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 7%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 7%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 7%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (17,503 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 7%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,416 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 7%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (65,151 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 7%; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 610,294 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Buildings &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 33 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,154,710 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 47,920 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 119,748 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (34,925 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 26,997 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (827,729 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,486,721 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Leasehold improvements &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 10 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,222,822 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 21,944 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 136,206 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (31,587 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 30 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (293,236 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,056,179 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Machinery and equipment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 12 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 6,498,362 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 161,071 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 558,197 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (13,811 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 93,412 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (4,272,654 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,024,577 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 38px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 38px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Automotive fuel/lubricant distribution equipment and facilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 13 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,169,320 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 88,112 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 33,794 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (45,640 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,245,586 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 38px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; LPG tanks and bottles &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 9 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 776,479 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 91,842 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,567 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (28,957 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 840,931 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Vehicles &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 8 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 310,836 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 19,054 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 11,634 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (25,949 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 82 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (27,418 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 288,239 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Furniture and utensils &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 8 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 316,712 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 33,644 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,277 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (14,614 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,296 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (171,223 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 168,092 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; IT equipment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 5 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 444,844 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 28,350 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 901 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (11,998 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 705 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (132,427 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 330,375 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 22px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 22px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Construction in progress &lt;/span&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; vertical-align: super;"&gt;(ii)&lt;/span&gt;&lt;/sup&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 580,695 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 797,674 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (829,245 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (301 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,290 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (99,865 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 452,248 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Advances to suppliers &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 34,642 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 21,985 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (18,894 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (23,452 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 14,281 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Imports in progress &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 866 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 4,312 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (4,631) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 38 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (404 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 181 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 16,197,396 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,318,332 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 11,554 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (225,285 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 129,266 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (5,913,559 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 11,517,704 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;div&gt;

&lt;/div&gt;
&lt;p style="font-size: 11pt; line-height: 115%; text-align: justify; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;div id="t_ft_CZWMALA3EO00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 99.9987%; height: 422px; text-indent: 0px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 31px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 31px; border-bottom-width: 1px; width: 17.5857%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 12pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 31px; border-bottom-width: 1px; width: 1.93741%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 12pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.04769%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Additions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.94188%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Depreciation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 7.1535%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 8pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;Transfer &lt;/span&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold; vertical-align: super;"&gt;(&lt;/span&gt;&lt;/sup&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold; vertical-align: super;"&gt;i&lt;/span&gt;&lt;/sup&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold; vertical-align: super;"&gt;) (ii)&lt;/span&gt;&lt;/sup&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 7.45156%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Write-offs and disposals &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 7.30253%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Effect of foreign currency exchange rate variation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 10.8793%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 8pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;Reclassified to assets held for sale&lt;/span&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold; vertical-align: super;"&gt;&#160;&lt;/span&gt;&lt;/sup&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold; vertical-align: super;"&gt;(iii)&lt;/span&gt;&lt;/sup&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 31px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 17.5857%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Accumulated depreciation: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 1.93741%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.04769%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.94188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.1535%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.45156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.30253%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 10.8793%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.5857%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Buildings &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.93741%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.79285%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (851,397 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.04769%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.94188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (68,388 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.745156%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.1535%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (94 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.45156%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 23,031 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.30253%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (6,872 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.745156%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.8793%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 317,874 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.49031%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.745156%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.79285%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (585,846 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.894188%; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 17.5857%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Leasehold improvements &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 1.93741%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (689,161) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.04769%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.94188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (81,976 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.1535%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 81 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.45156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 27,519 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.30253%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (37 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 10.8793%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 170,021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (573,553 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 17.5857%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Machinery and equipment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; border-bottom-width: 1px; width: 1.93741%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (3,598,304 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.04769%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.94188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (356,637 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.1535%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.45156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 11,717 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.30253%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (21,651 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 10.8793%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,206,474 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,758,401 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 34px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 34px; border-bottom-width: 1px; width: 17.5857%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Automotive fuel/lubricant distribution equipment and facilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 34px; border-bottom-width: 1px; width: 1.93741%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,906,953 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.04769%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.94188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (178,110 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.1535%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (311 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.45156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 34,841 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.30253%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 10.8793%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (2,050,533 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 17.5857%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; LPG tanks and bottles &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; border-bottom-width: 1px; width: 1.93741%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (454,651 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.04769%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.94188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (62,558 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.1535%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.45156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 18,899 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.30253%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 10.8793%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (498,310 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 17.5857%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Vehicles &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 1.93741%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (143,854 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.04769%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.94188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (22,927 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.1535%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 195 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.45156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 15,480 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.30253%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (20 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 10.8793%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 17,977 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (133,149 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 17.5857%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Furniture and utensils &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; border-bottom-width: 1px; width: 1.93741%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (191,713 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.04769%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.94188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (23,594 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.1535%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 24 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.45156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 14,443 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.30253%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (817 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 10.8793%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 89,369 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (112,288 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 17.5857%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; IT equipment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 1.93741%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (352,256 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.04769%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.94188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (35,614 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 7.1535%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 317 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 7.45156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 11,489 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 7.30253%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (435 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 10.8793%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 106,965 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (269,534 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 17.5857%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; border-bottom-width: 1px; width: 1.93741%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (8,188,289 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.04769%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.94188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (829,804 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 7.1535%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 212 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 7.45156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 157,419 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 7.30253%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (29,832 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 10.8793%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,908,680 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (5,981,614 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 17.5857%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Provision for losses: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 1.93741%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.04769%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.94188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.1535%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.45156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.30253%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 10.8793%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 17.5857%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Land &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; border-bottom-width: 1px; width: 1.93741%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (146 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.04769%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.94188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.1535%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.45156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.30253%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 10.8793%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (146 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 17.5857%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Leasehold improvements &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 1.93741%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (61 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.04769%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (43,666 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.94188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.1535%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.45156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 7.30253%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (3 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 10.8793%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 43,712 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 1.49031%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (18 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.5857%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Machinery and equipment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.93741%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (2,857 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.04769%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (839 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.94188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 7.1535%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 7.45156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 6 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 7.30253%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (45 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.8793%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,446 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49031%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,289 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 34px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 17.5857%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Automotive fuel/lubricant distribution equipment and facilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 34px; width: 1.93741%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (73 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 8.04769%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 8.94188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 7.1535%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 7.45156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 27 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 7.30253%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 10.8793%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 1.49031%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (46 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.5857%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Vehicles &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.93741%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.04769%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (160 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.94188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 7.1535%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 7.45156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 7.30253%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.8793%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 160 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49031%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 17.5857%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Furniture and utensils &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.93741%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 8.04769%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (14,887 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 8.94188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 7.1535%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 7.45156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 7.30253%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 10.8793%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 14,887 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49031%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.5857%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; IT equipment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.93741%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.04769%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,660 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.94188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 7.1535%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 7.45156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 7.30253%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.8793%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,660 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49031%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 17.5857%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Advances to suppliers &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.93741%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (110 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 8.04769%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 8.94188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 7.1535%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 7.45156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 7.30253%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 10.8793%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 110 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49031%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.5857%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.93741%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (3,247 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 8.04769%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (61,212 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 8.94188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 7.1535%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 7.45156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 33 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 7.30253%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (48 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 10.8793%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 62,975 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 1.49031%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,499 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 17.5857%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net amount &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.93741%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 8,005,860 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; width: 8.04769%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,257,120 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; width: 8.94188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (829,804 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; width: 7.1535%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 11,766 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; width: 7.45156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (67,833 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; width: 7.30253%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 99,386 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; width: 10.8793%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (2,941,904 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1.49031%;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.745156%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; width: 8.79285%;"&gt;
&lt;p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 5,534,591 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 0.894188%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;br/&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(i) Refers to &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;R&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;169&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;transferred &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;to&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; intangible assets.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(ii) Includes R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;11,935&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; transferred&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; from right-of-use&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; assets&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;(iii) &lt;span style="border-right: none; border-left: none;"&gt;For further information, see Note 3.c.1.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;div&gt;

&lt;/div&gt;
&lt;p style="margin: 0px; text-align: justify; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_Y1C68Q6NY800000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 311px; text-indent: 0px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 56px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 56px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Weighted average useful life (years) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 56px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 56px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Additions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 56px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Depreciation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 56px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Transfer (i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 56px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Write-offs and disposals &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 56px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Effect of foreign currency exchange rate variation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 56px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 56px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Cost: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 23%; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Land &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; width: 8%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 667,865 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 21,300 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,113 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (14,427 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 10,257 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 687,108 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Buildings &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 32 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,925,946 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 25,572 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 148,527 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (27,210 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 81,875 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,154,710 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Leasehold improvements &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 9 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,121,528 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 28,374 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 89,559 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (16,954 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 315 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,222,822 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Machinery and equipment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 13 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 5,707,721 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 144,089 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 378,883 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (5,554 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 273,223 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 6,498,362 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 34px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Automotive fuel/lubricant distribution equipment and facilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 34px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 13 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,991,472 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 90,279 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 133,963 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (46,394 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,169,320 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; LPG tanks and bottles &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 10 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 755,460 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 65,230 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 289 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (44,500 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 776,479 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Vehicles &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 8 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 320,161 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 22,495 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 8,363 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (40,517 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 334 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 310,836 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Furniture and utensils &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 9 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 295,604 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 13,985 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 6,775 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (3,694 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 4,042 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 316,712 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Construction in progress &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 827,086 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 506,367 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (765,785 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,167 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 14,194 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 580,695 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Advances to suppliers &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 12,544 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 28,339 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (6,185 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (56 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 34,642 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Imports in progress &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 250 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,437 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (822 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 866 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; IT equipment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 5 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 412,809 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 32,134 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 539 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (2,827 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,189 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 444,844 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 15,038,446 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 979,601 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (3,781 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (203,300 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 386,430 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 16,197,396 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;div&gt;

&lt;/div&gt;
&lt;p style="margin: 0px; text-align: justify; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 12pt;"&gt;&lt;br/&gt;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_JI06Y7WR4000000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 374px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 57px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Additions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Depreciation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Transfer (i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Write-offs and disposals &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Effect of foreign currency exchange rate variation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 57px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Accumulated depreciation: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 30%; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Buildings &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; width: 1%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (793,835 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (65,318 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,376 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 20,021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (14,641 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 8%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (851,397 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Leasehold improvements &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (614,379 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (80,995 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 49 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 6,252 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (88 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (689,161 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Machinery and equipment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (3,231,627 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (317,694 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 59 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 4,091 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (53,133 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (3,598,304 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 22px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 22px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Automotive fuel/lubricant distribution equipment and facilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 22px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,766,878 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (176,404 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (6 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 36,335 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,906,953 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; LPG tanks and bottles &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (425,554 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (56,267 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (30 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 27,200 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (454,651 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Vehicles &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (139,045 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (24,585 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 48 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 19,997 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (269 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (143,854 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Furniture and utensils &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (171,475 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (21,060 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 7 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,988 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (2,173 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (191,713 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; IT equipment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (318,063 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (35,080 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 122 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,676 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,911 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (352,256 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (7,460,856 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (777,403 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,625 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 119,560 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (72,215 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (8,188,289 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Provision for losses: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Advances to suppliers &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (110 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (110 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Land &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (146 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (146 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Leasehold improvements &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,599 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 910 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 639 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (11 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (61 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Machinery and equipment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (2,875 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 156 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (138 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (2,857 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 23px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 23px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Automotive fuel/lubricant distribution equipment and facilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 23px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 23px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (98 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 23px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 23px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 23px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 23px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 23px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 23px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 23px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 23px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 23px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 23px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 23px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 23px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 25 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 23px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 23px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 23px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 23px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 23px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 23px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (73 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 23px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (4,828 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 910 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 820 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (149 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (3,247 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net amount &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 7,572,762 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 980,511 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (777,403 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,156 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (82,920 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 314,066 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 8,005,860 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;(i) Refers to amounts transferred between items and to intangible assets.&lt;/span&gt;&lt;/p&gt;
&lt;div&gt;

&lt;/div&gt;
&lt;p style="margin: 0px; text-align: justify; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 12pt;"&gt;&lt;br/&gt;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_2X39FA40G000000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 335px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px; margin-left: 0.1px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 69px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 69px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Weighted average useful life (years) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2018 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Additions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Depreciation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Transfer (i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Write-offs and disposals &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Effect of foreign currency exchange rate variation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Oxiteno Andina (*) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/30/2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 69px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 22%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Cost: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 7%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Land &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 620,879 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 43,420 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 4,785 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (2,017 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,059 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (261 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 667,865 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Buildings &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 32 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,801,073 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 18,117 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 105,861 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (4,339 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 7,023 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,789 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,925,946 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Leasehold improvements &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 10 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,015,640 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 19,191 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 129,234 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (42,552 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 15 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,121,528 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Machinery and equipment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 13 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 5,219,256 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 131,831 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 365,953 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (4,967 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 9,596 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (13,948 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 5,707,721 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 45px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 45px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Automotive fuel/lubricant distribution equipment and facilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 45px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 14 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,864,333 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 103,288 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 81,038 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (57,187 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,991,472 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 45px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; LPG tanks and bottles &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 10 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 743,016 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 65,351 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (6,993 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (45,914 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 755,460 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Vehicles &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 7 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 308,756 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 24,686 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 7,564 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (20,353 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (394 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (98 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 320,161 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Furniture and utensils &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 9 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 279,016 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 15,009 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 4,399 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (2,665 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 198 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (353 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 295,604 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Construction in progress &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 922,799 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 591,525 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (695,301 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (108 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 8,344 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (173 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 827,086 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Advances to suppliers &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 14,088 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 7,378 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (8,921 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 12,544 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Imports in progress &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 41 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 9,513 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (9,304 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 250 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; IT equipment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 5 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 395,063 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 21,771 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 872 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (5,249 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 352 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 412,809 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 14,183,960 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,051,080 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (20,813 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (185,351 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 26,192 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (16,622 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 15,038,446 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;div&gt;

&lt;/div&gt;
&lt;p style="margin: 0px; text-align: justify; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;div id="t_ft_Q5J92B7J1C00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 458px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px; margin-left: 0.1px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 51px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 14.245%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.7094%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; border-bottom: 1px solid #000000; width: 8.83191%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2018 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; border-bottom: 1px solid #000000; width: 8.26211%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Additions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; border-bottom: 1px solid #000000; width: 9.40171%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Depreciation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; border-bottom: 1px solid #000000; width: 6.69516%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Transfer (i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; border-bottom: 1px solid #000000; width: 6.98006%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Write-offs and disposals &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; border-bottom: 1px solid #000000; width: 7.12251%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Effect of foreign currency exchange rate variation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; border-bottom: 1px solid #000000; width: 6.26781%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Oxiteno Andina (*) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; border-bottom: 1px solid #000000; width: 8.83191%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 51px; width: 1.43062%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 14.245%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Accumulated depreciation: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.7094%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 14.245%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Buildings &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.7094%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (743,117 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (58,158 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 187 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 4,681 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 893 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,679 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (793,835 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 14.245%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Leasehold improvements &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.7094%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (558,042 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (84,664 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,040 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 26,291 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (4 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (614,379 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 14.245%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Machinery and equipment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.7094%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (2,969,209 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (298,767 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,983 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,510 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 16,340 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 13,516 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (3,231,627 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 34px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 14.245%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Automotive fuel/lubricant distribution equipment and facilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 34px; background-color: #cceeff; width: 1.7094%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,657,608 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (159,961 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 50,691 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,766,878 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.43062%; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 14.245%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; LPG tanks and bottles &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.7094%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (401,056 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (57,890 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 4,467 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 28,925 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (425,554 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 14.245%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Vehicles &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.7094%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (123,650 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (27,106 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 28 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 11,274 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 311 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 98 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (139,045 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 14.245%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Furniture and utensils &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.7094%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (155,339 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (18,944 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (12 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,280 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 204 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 336 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (171,475 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 14.245%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; IT equipment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.7094%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 8.83191%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (288,083 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 8.26211%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 9.40171%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (34,782 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 6.69516%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 50 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 6.98006%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 5,061 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 7.12251%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (309 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 6.26781%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#x2010; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 8.83191%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (318,063 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 14.245%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Construction in progress &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.7094%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 8.83191%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (6,896,104 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 8.26211%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 9.40171%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (740,272 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 6.69516%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 9,743 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 6.98006%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 132,713 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 7.12251%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 17,435 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 6.26781%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 15,629 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 8.83191%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (7,460,856 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 14.245%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Provision for losses: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 14.245%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Advances to suppliers &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.7094%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (83 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (27 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (110 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 14.245%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Buildings &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.7094%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (306 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 306 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 14.245%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Land &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.7094%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (827 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 681 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (146 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 14.245%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Leasehold improvements &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.7094%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,385 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,528 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 111 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,203 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,599 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 33px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 33px; width: 14.245%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Machinery and equipment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 33px; width: 1.7094%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (6,117 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px; width: 9.40171%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 769 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,138 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,335 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (2,875 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 33px; width: 1.43062%; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 34px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 14.245%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Automotive fuel/lubricant distribution equipment and facilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 34px; background-color: #cceeff; width: 1.7094%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (165 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
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&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 6.69516%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 6.98006%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 67 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 7.12251%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; background-color: #cceeff; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (98 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 34px; width: 1.43062%; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 14.245%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Construction in progress &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.7094%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (38 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
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&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.26211%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
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&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
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&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
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&lt;/td&gt;
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&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
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&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.26781%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 38 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.83191%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 14.245%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Furniture and utensils &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.7094%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 8.83191%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (70 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 8.26211%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 9.40171%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 6.69516%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 6.98006%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 7.12251%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 6.26781%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 69 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 8.83191%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 14.245%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.7094%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 8.83191%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (8,991 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 8.26211%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,555 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 9.40171%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 6.69516%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 6.98006%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 948 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.7094%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 7.12251%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,341 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 6.26781%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,429 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.56695%; margin: 0px; text-indent: 0px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 8.83191%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (4,828 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 14.245%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net amount &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.7094%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 8.83191%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 7,278,865 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 8.26211%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,049,525 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 9.40171%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (740,272 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 6.69516%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (11,070 &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4245%; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 6.98006%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (51,690 &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.7094%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 7.12251%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 45,968 &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 6.26781%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,436 &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.28205%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.56695%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 8.83191%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 7,572,762 &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.43062%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 12pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(i) Refers to amounts transferred to intangible assets, inventories and right&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;-of-&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;use assets.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;(*) Refers to the asset write-offs of Oxiteno Andina.&lt;/span&gt;&lt;/p&gt;
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      contextRef="D20191231_FixturesAndFittingsMember_AccumulatedImpairmentMember"
      id="Tag3073"
      unitRef="BRL"
      xsi:nil="true"/>
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      contextRef="D20191231_FixturesAndFittingsMember_AccumulatedImpairmentMember"
      id="Tag3035"
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      xsi:nil="true"/>
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      contextRef="D20191231_FixturesAndFittingsMember_AccumulatedImpairmentMember"
      id="Tag2807"
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      xsi:nil="true"/>
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      contextRef="D20191231_FixturesAndFittingsMember_AccumulatedImpairmentMember"
      decimals="-3"
      id="Tag3113"
      unitRef="BRL">-1000</ifrs-full:DisposalsPropertyPlantAndEquipment>
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment
      contextRef="D20191231_FixturesAndFittingsMember_AccumulatedImpairmentMember"
      id="Tag3200"
      unitRef="BRL"
      xsi:nil="true"/>
    <ifrs-full:RetirementsPropertyPlantAndEquipment
      contextRef="D20191231_FixturesAndFittingsMember_AccumulatedImpairmentMember"
      decimals="-3"
      id="Tag3334"
      unitRef="BRL">-69000</ifrs-full:RetirementsPropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment
      contextRef="I20191231_FixturesAndFittingsMember_AccumulatedImpairmentMember"
      id="Tag2831"
      unitRef="BRL"
      xsi:nil="true"/>
    <ifrs-full:PropertyPlantAndEquipment
      contextRef="I20181231_AccumulatedImpairmentMember"
      decimals="-3"
      id="Tag3101"
      unitRef="BRL">-8991000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment
      contextRef="D20191231_AccumulatedImpairmentMember"
      decimals="-3"
      id="Tag7157"
      unitRef="BRL">-1555000</ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment>
    <ifrs-full:DepreciationPropertyPlantAndEquipment
      contextRef="D20191231_AccumulatedImpairmentMember"
      id="Tag3072"
      unitRef="BRL"
      xsi:nil="true"/>
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      contextRef="D20191231_AccumulatedImpairmentMember"
      id="Tag2941"
      unitRef="BRL"
      xsi:nil="true"/>
    <ifrs-full:DisposalsPropertyPlantAndEquipment
      contextRef="D20191231_AccumulatedImpairmentMember"
      decimals="-3"
      id="Tag3099"
      unitRef="BRL">-948000</ifrs-full:DisposalsPropertyPlantAndEquipment>
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment
      contextRef="D20191231_AccumulatedImpairmentMember"
      decimals="-3"
      id="Tag2804"
      unitRef="BRL">2341000</ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment>
    <ifrs-full:RetirementsPropertyPlantAndEquipment
      contextRef="D20191231_AccumulatedImpairmentMember"
      decimals="-3"
      id="Tag3206"
      unitRef="BRL">-2429000</ifrs-full:RetirementsPropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment
      contextRef="I20191231_AccumulatedImpairmentMember"
      decimals="-3"
      id="Tag2933"
      unitRef="BRL">-4828000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment
      contextRef="I20181231"
      decimals="-3"
      id="Tag3349"
      unitRef="BRL">7278865000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment
      contextRef="D20191231"
      decimals="-3"
      id="Tag2877"
      unitRef="BRL">1049525000</ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment>
    <ifrs-full:DepreciationPropertyPlantAndEquipment
      contextRef="D20191231"
      decimals="-3"
      id="Tag3123"
      unitRef="BRL">740272000</ifrs-full:DepreciationPropertyPlantAndEquipment>
    <ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment
      contextRef="D20191231"
      decimals="-3"
      id="Tag3098"
      unitRef="BRL">-11070000</ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment>
    <ifrs-full:DisposalsPropertyPlantAndEquipment
      contextRef="D20191231"
      decimals="-3"
      id="Tag3141"
      unitRef="BRL">51690000</ifrs-full:DisposalsPropertyPlantAndEquipment>
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment
      contextRef="D20191231"
      decimals="-3"
      id="Tag3433"
      unitRef="BRL">45968000</ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment>
    <ifrs-full:RetirementsPropertyPlantAndEquipment
      contextRef="D20191231"
      decimals="-3"
      id="Tag3019"
      unitRef="BRL">1436000</ifrs-full:RetirementsPropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment
      contextRef="I20191231"
      decimals="-3"
      id="Tag2947"
      unitRef="BRL">7572762000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:DisclosureOfIntangibleAssetsAndGoodwillExplanatory contextRef="D20211231_3" id="Tag6916">
&lt;div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&lt;span style="font-weight: bold;"&gt;&lt;span style="border-left: none; border-right: none;"&gt;16&lt;/span&gt;. &lt;/span&gt;&lt;span style="font-weight: bold;"&gt;Intangible &lt;/span&gt;&lt;span style="font-weight: bold;"&gt;a&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;ssets&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;Balances and changes in intangible assets are as follows:&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-left: none; border-right: none;"&gt;
&lt;table cellpadding="0" style="height: 434px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 70px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 70px; width: 17.7515%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 70px; width: 6.6568%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Weighted average useful life (years) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 70px; border-bottom: 1px solid #000000; width: 8.72781%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 70px; width: 1.47929%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 70px; border-bottom: 1px solid #000000; width: 7.10059%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Additions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 70px; width: 1.47929%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 70px; border-bottom: 1px solid #000000; width: 9.1716%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Amortization &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.887574%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 70px; border-bottom: 1px solid #000000; width: 5.76923%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-family: 'times new roman', times;"&gt;&lt;span style="font-weight: bold;"&gt; Transfer (i)&lt;/span&gt; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 70px; width: 1.47929%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 70px; border-bottom: 1px solid #000000; width: 7.24852%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Write-offs and disposals &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.887574%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 70px; border-bottom: 1px solid #000000; width: 6.50888%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Effect of foreign currency exchange rate variation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.8285%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 70px; border-bottom: 1px solid #000000; width: 10.6509%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Reclassification to assets held for sale (ii) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.919118%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 70px; border-bottom: 1px solid #000000; width: 8.13609%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.97561%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Cost: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.72781%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.10059%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.1716%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.76923%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.24852%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.50888%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.6509%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.13609%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 17.7515%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Goodwill (a) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.6568%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.72781%; text-align: right; border-bottom-width: 1px;"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1,525,088&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.10059%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.1716%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.76923%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.24852%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.50888%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.8285%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.6509%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (706,992 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.919118%; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.13609%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 818,096 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.97561%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Software (b) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 4 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.72781%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,395,046 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.10059%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 284,311 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.1716%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.76923%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 372 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.24852%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (19,826 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.50888%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,808 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.6509%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (514,731 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.13609%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,146,980 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 17.7515%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Technology (c) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.6568%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.72781%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 32,617 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.10059%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.1716%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.76923%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.24852%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.50888%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.8285%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.6509%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (32,617 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.919118%; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.13609%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.97561%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Distribution rights &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 12 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.72781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 133,599 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.10059%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.1716%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.76923%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.24852%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.50888%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.6509%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (19,006 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.13609%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 114,593 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 17.7515%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Brands (d) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.6568%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.72781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 136,962 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.10059%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.1716%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.76923%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.24852%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.50888%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 4,759 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.8285%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.6509%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (72,523 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.919118%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.13609%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 69,198 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.97561%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Trademark rights (d) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 39 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.72781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 114,792 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.10059%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.1716%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.76923%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.24852%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.50888%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.6509%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.13609%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 114,792 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 17.7515%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Others (e) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 6.6568%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 10 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 8.72781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 50,698 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.10059%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,678 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 9.1716%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.887574%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 5.76923%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.24852%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.887574%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 6.50888%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (76 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.8285%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 10.6509%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (51,879 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.919118%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 8.13609%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 421 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.97561%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Decarbonization credits (f) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.72781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.10059%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 176,837 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.1716%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.76923%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.24852%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (176,837 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.50888%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.6509%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.13609%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 17.7515%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.6568%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 8.72781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,388,802 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 7.10059%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 462,826 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 9.1716%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 5.76923%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 372 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 7.24852%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (196,663 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 6.50888%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 6,491 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.8285%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 10.6509%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,397,748 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.919118%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 8.13609%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,264,080 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.97561%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Accumulated amortization: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.72781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.10059%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.1716%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.76923%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.24852%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.50888%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.6509%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.13609%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 17.7515%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Software &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.6568%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.72781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (825,024 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.10059%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.1716%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (206,025 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.76923%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (203 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.24852%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 19,329 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.50888%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,566 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.8285%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.6509%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 334,087 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.919118%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.13609%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (679,402 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.97561%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Technology &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.72781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (32,616 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.10059%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.1716%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.76923%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.24852%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.50888%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.6509%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 32,616 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.13609%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 17.7515%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Distribution rights &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.6568%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.72781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (113,326 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.10059%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.1716%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (3,093 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.76923%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.24852%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.50888%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.8285%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.6509%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 15,392 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.919118%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.13609%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (101,027 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.97561%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Trademark rights &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.72781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (9,056 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.10059%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.1716%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (2,937 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.76923%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.24852%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.50888%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.6509%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.13609%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (11,993 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 17.7515%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Others &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.6568%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.72781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (32,845 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.10059%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.1716%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (167 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.76923%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.24852%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.50888%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (2 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.8285%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.6509%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 32,612 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.919118%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.13609%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (402 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.97561%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 8.72781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,012,867 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 7.10059%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 9.1716%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (212,222 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 5.76923%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (203 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 7.24852%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 19,329 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 6.50888%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,568 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 10.6509%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 414,707 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 8.13609%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (792,824 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 13px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 17.7515%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Provision for losses and impairment: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 6.6568%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 8.72781%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 7.10059%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 9.1716%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.887574%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 5.76923%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 7.24852%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.887574%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 6.50888%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.8285%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 10.6509%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.919118%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 8.13609%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.97561%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Goodwill (a) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.72781%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (593,280 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.10059%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (68,273 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.1716%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.76923%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.24852%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.50888%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.6509%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 661,553 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.13609%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 17.7515%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Distribution rights &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.6568%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.72781%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.10059%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (76,218 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.1716%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.76923%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.24852%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.50888%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.8285%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.6509%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 76,218 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.919118%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.13609%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.97561%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 8.72781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (593,280 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 7.10059%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (144,491 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 9.1716%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 5.76923%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 7.24852%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 6.50888%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 10.6509%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 737,771 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 8.13609%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 17.7515%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Net amount &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 6.6568%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 8.72781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,782,655 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 7.10059%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 318,335 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 9.1716%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (212,222 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.887574%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 5.76923%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 169 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 7.24852%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (177,334 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.887574%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 6.50888%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 4,923 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.8285%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 10.6509%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (245,270 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.919118%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 8.13609%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,471,256 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.97561%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;(i) Refers to amounts transferred from PP&amp;amp;E.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;(ii) &lt;span style="border-left: none; border-right: none;"&gt;For further information, see Note &lt;span style="border-left: none; border-right: none;"&gt;3&lt;/span&gt;.c.&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;div style="border-left: none; border-right: none;"&gt;
&lt;table cellpadding="0" style="height: 431px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 37px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 37px; width: 16.035%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Weighted average useful life (years) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 37px; width: 8.30904%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 37px; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Additions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 37px; width: 10.2041%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Amortization &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 37px; width: 6.41399%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 8pt; font-family: 'times new roman', times;"&gt;&lt;span style="font-weight: bold;"&gt; Transfer (i)&lt;/span&gt; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 37px; width: 7.28863%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Write-offs and disposals &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 37px; width: 7.4344%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Effect of foreign currency exchange rate variation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 37px; width: 8.60058%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Cost: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.30904%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.2041%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.41399%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.28863%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.4344%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.60058%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.035%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Goodwill (a) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.30904%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,525,088 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.2041%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.41399%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.28863%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.4344%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.60058%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,525,088 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Software (b) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 4 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.30904%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,210,529 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 184,027 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.2041%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.41399%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 993 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.28863%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (6,633 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.4344%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 6,130 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.60058%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,395,046 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.035%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Technology (c) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.30904%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 32,617 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.2041%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.41399%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.28863%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.4344%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.60058%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 32,617 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Commercial property rights &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.30904%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 7,934 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.2041%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.41399%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.28863%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (7,934 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.4344%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.60058%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.035%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Distribution rights &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 10 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.30904%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 133,599 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.2041%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.41399%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.28863%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.4344%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.60058%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 133,599 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Brands (d) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.30904%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 122,504 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.2041%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.41399%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.28863%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.4344%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 14,458 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.60058%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 136,962 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.035%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Trademark rights (d) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 39 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.30904%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 114,792 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.2041%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.41399%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.28863%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.4344%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.60058%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 114,792 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Others (e) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 10 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.30904%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 44,900 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,040 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.2041%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.41399%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.28863%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.4344%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 4,758 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.60058%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 50,698 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.035%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Decarbonization credits (f) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.30904%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 125,345 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.2041%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.41399%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,058 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.28863%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (124,287 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.4344%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.60058%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 8.30904%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,191,963 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7.72595%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 310,412 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 10.2041%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 6.41399%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (65 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7.28863%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (138,854 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7.4344%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 25,346 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 8.60058%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,388,802 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.035%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Accumulated amortization: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.30904%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.2041%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.41399%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.28863%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.4344%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.60058%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Software &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.30904%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (648,861 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.2041%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (175,144 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.41399%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.28863%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,375 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.4344%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (4,394 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.60058%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (825,024) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.035%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Technology &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.30904%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (32,616 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.2041%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.41399%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.28863%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.4344%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.60058%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (32,616 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Commercial property rights &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.30904%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (6,384 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.2041%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (85 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.41399%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.28863%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 6,469 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.4344%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.60058%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; text-align: left; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.035%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Distribution rights &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.30904%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (108,932 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.2041%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (4,394 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.41399%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.28863%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.4344%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.60058%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (113,326 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; text-align: left; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Trademark rights &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.30904%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (6,119 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.2041%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (2,937 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.41399%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.28863%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.4344%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.60058%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (9,056 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; text-align: left; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.035%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Others &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.30904%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (32,713 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.2041%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (121 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.41399%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.28863%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.4344%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (11 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.60058%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (32,845 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; text-align: left; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 8.30904%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (835,625 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7.72595%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 10.2041%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (182,681 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 6.41399%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7.28863%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 9,844 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7.4344%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (4,405 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 8.60058%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,012,867 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; text-align: left; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 16.035%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Provision for losses and impairment: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 8.30904%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 10.2041%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.41399%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.28863%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.4344%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 8.60058%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; text-align: left; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Goodwill (a) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.30904%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (593,280 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.2041%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.41399%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.28863%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.4344%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.60058%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (593,280 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; text-align: left; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.035%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Commercial property rights &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.30904%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (465 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.2041%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.41399%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.28863%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 465 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.4344%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.60058%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; text-align: left; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 8.30904%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (593,745 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7.72595%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 10.2041%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 6.41399%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7.28863%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 465 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7.4344%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 8.60058%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (593,280 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; text-align: left; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 16.035%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Net amount &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 8.30904%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,762,593 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 310,412 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 10.2041%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (182,681 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 6.41399%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (65 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 7.28863%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (128,545 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 7.4344%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 20,941 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 8.60058%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,782,655 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;

&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;p style="margin: 0px; text-align: justify; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;(i) Refers to amounts transferred to property, plant and equipment and prepaid expenses.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;div style="border-left: none; border-right: none;"&gt;
&lt;table cellpadding="0" style="height: 469px; border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 70px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 70px; width: 11%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Weighted average useful life (years) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 70px; width: 7.25%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2018 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 70px; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Adoption IFRS 16 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 70px; width: 6.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Additions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 70px; width: 8.75%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Amortization &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 70px; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 8pt; font-family: 'times new roman', times;"&gt;&lt;span style="font-weight: bold;"&gt; Transfer (i)&lt;/span&gt; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 70px; width: 6.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Write-offs and disposals &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 70px; width: 6.375%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Effect of foreign currency exchange rate variation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 70px; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 8pt; font-family: 'times new roman', times; font-weight: bold;"&gt; Oxiteno Andina (*) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 70px; width: 7.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Cost: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Goodwill (a) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&lt;span style="border-left: none; border-right: none;"&gt; - &lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.25%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,525,088 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.25%; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.125%; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.25%; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.75%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.25%; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.125%; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.25%; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.375%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.125%; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.125%; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,525,088 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; width: 1.125%; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Software (b) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,062,486 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 145,004 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,553 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (784 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,551 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (281 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,210,529 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Technology (c) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 5 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.25%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 32,617 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.75%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.375%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 32,617 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Commercial property rights &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 10 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 64,032 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (56,114 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,820 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,401 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (2,403 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 7,934 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Distribution rights &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 6 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.25%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 142,989 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,505 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.75%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (10,895 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.375%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 133,599 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Brands (d) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&lt;span style="border-left: none; border-right: none;"&gt; - &lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 120,571 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,933 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 122,504 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Trademark rights (d) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 35 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.25%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 114,792 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.75%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.375%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 114,792 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Others (e) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 10 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 43,281 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,668 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (355 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 306 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 44,900 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 7.25%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,105,856 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 6.5%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (56,114 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 6.625%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 151,997 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 8.75%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 5.5%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (10,098 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 6.125%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (3,187 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 6.375%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,790 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 5.5%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (281 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 7.125%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,191,963 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Accumulated amortization: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Software &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.25%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (537,438 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.75%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (110,088 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 13 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (611 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.375%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (998 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 261 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (648,861 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Technology &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (32,613 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (3 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (32,616 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 21px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 21px; width: 11%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Commercial property rights &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 21px; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; width: 7.25%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (23,931 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 16,186 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; width: 6.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; width: 8.75%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (848 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (669 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; width: 6.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,878 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; width: 6.375%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; width: 7.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (6,384 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Distribution rights &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (106,597 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (6,511 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 4,176 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (108,932 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Trademark rights &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.25%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (3,182 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.75%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (2,937 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.375%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (6,119 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Others &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (32,740 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (105 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 136 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (4 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (32,713 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 7.25%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (736,501 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.5%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 16,186 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.625%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 8.75%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (120,492 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 5.5%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,656 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.125%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,267 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.375%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,002 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 5.5%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 261 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 7.125%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (835,625 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 20px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 11%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Provision for losses and impairment: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Goodwill (a) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.25%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (593,280 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.75%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.375%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (593,280 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Commercial property rights &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (465 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (465 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 7.25%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.5%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.625%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (593,745 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 8.75%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 5.5%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.125%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.375%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 5.5%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 7.125%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (593,745 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 11%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Net amount &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,369,355 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (39,928 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (441,748 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (120,492 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (6,442 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (920 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,788 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (20 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,762,593 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;(i) Refers to amounts transferred to PP&amp;amp;E and right-of-use assets.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;(*) Refers to the asset write-offs of Oxiteno Andina.&lt;/span&gt;&lt;/p&gt;


&lt;/div&gt;
&lt;div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;a. &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;Goodwill&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The balance of the goodwill is tested annually for impairment and is represented by the following acquisitions:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-left: none; border-right: none;"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 277px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 60.8696%; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 12.0591%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Segment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 11.977%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.47929%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 0.984413%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 11.977%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.06645%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 60.8696%; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Goodwill on the acquisition of: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12.0591%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 0.984413%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 1.06645%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 60.8696%; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Extrafarma &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 12.0591%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Extrafarma &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 661,553 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.984413%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 661,553 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.06645%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 60.8696%; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Extrafarma &#x2013; impairment (i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12.0591%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Extrafarma &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 11.977%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (661,553 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.984413%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 11.977%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (593,280 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.06645%; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 60.8696%; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Extrafarma &#x2013; net &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 12.0591%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Extrafarma &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.984413%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 68,273 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.06645%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 20px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 60.8696%; height: 20px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Ipiranga (ii) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12.0591%; height: 20px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Ipiranga &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 20px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 276,724 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 20px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.984413%; height: 20px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 20px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 276,724 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.06645%; height: 20px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 60.8696%; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Uni&#xe3;o Terminais &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 12.0591%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Ultracargo &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 211,089 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.984413%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 211,089 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.06645%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 60.8696%; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Texaco &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12.0591%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Ipiranga &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 177,759 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.984413%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 177,759 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.06645%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 60.8696%; height: 18px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Iconic (CBLSA) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 12.0591%; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Ipiranga &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 69,807 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.984413%; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 69,807 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.06645%; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 60.8696%; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Oxiteno Uruguay (iii) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12.0591%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Oxiteno &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.984413%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 44,856 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.06645%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 60.8696%; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Temmar &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 12.0591%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Ultracargo &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 43,781 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.984413%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 43,781 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.06645%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 60.8696%; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; DNP &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12.0591%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Ipiranga &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 24,736 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.984413%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 24,736 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.06645%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 60.8696%; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Repsol &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 12.0591%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Ultragaz &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 13,403 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.984413%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 13,403 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.06645%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 60.8696%; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; TEAS &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12.0591%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Ultracargo &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 797 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.984413%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 797 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.06645%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 60.8696%; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Others (iii) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 12.0591%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Oxiteno &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.984413%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 583 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.06645%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 60.8696%; height: 18px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12.0591%; height: 18px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.977%; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 818,096 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.984413%; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.977%; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 931,808 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.06645%; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0px; text-align: justify; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;(i) For further information, see Note &lt;span style="border-left: none; border-right: none;"&gt;3&lt;/span&gt;.a.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;(ii) &lt;span style="border-right: none; border-left: none;"&gt;Including R$ &lt;/span&gt;&lt;span style="border-right: none; border-left: none;"&gt;246,163&lt;/span&gt;&lt;span style="border-right: none; border-left: none;"&gt; presented as goodwill at parent Company Ultrapar.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;(iii) For further information about reclassification, see Note &lt;span style="border-left: none; border-right: none;"&gt;3&lt;/span&gt;.c.&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;.&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;On December 31, 2021, the Company tested the balances of goodwill shown in the table above for impairment. The determination of value in use involves assumptions, judgments, and estimates of cash flows, such as growth rates of revenues, costs and expenses, estimates of investments and working capital, and discount rates. The assumptions about growth projections and future cash flows are based on the Company&#x2019;s business plan of its operating segments, as well as comparable market data, and represent management&#x2019;s best estimate of the economic conditions that will exist over the economic life of the various CGUs, to which goodwill is related. The key-assumptions used by the Company to calculate the value in use are described below:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="text-decoration: underline;"&gt;Period of evaluation&lt;/span&gt;: the evaluation of the value in use is calculated for a period of &lt;span style="border-right: none; border-left: none;"&gt;&lt;span style="border-left: none; border-right: none;"&gt;five years&lt;/span&gt;&lt;/span&gt;, after which the Company calculated the perpetuity, considering the possibility of carrying the business on indefinitely.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="text-decoration: underline;"&gt;Discount and real growth rates&lt;/span&gt;: on December 31, 2021, the discount and real growth rates used to extrapolate the projections ranged from 9.4% to 10.5% and from 0% to 1% p.a., respectively, depending on the CGU analyzed.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="text-decoration: underline;"&gt;Revenue from sales and services, costs and expenses, and gross margin&lt;/span&gt; considers the budget prepared for 2022 and the long-term strategic plan prepared by management and approved by the Board of Directors.&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;b. &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;Software&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;Includes user licenses and costs for the implementation of the various systems used by the Company and its subsidiaries: integrated management and control, financial management, foreign trade, industrial automation, operational and storage management, accounting information, and other systems. Also include expenses related to software in progress in the amount of R$ 27,672 on December 31, 2021 (R$ 13,684 on December 31, 2020 and R$ 16,657 on December 31, 2019).&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;c. &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;Technology&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The subsidiaries Oxiteno S.A. and Oleoqu&#xed;mica recognize as technology certain rights of use held by them. Such licenses include the production of ethylene oxide, ethylene glycols, ethanolamines, glycol ethers, ethoxylates, solvents, fatty acids from vegetable oils, fatty alcohols, and specialty chemicals, which are products that are supplied to various industries. The balance was reclassified to assets of subsidiaries held for sale. For further details, see Note 3.b.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;d. &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;Brands and &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;t&lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;rademark rights&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;Brands are represented by the acquisition cost of the &#x2018;am/pm&#x2019; brand in Brazil, acquired in the business combination, and Chevron and Texaco trademark rights.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;e. &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;Other intangible&lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;s&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;Refers mainly to the loyalty program &#x201c;Clube Extrafarma&#x201d; reclassified to assets of subsidiaries held for sale. For further details, see Note 3.a.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;"&gt;f. Decarbonization credits&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;Represent the CBIOS acquired and recorded at acquisition cost. The amount in the &#x201c;write-offs&#x201d; column refers to CBIOS retired in the year, that had its maturity date and can not be the object of future negotiation.&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;
</ifrs-full:DisclosureOfIntangibleAssetsAndGoodwillExplanatory>
    <ifrs-full:DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory contextRef="D20211231_3" id="Tag6915">
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;Balances and changes in intangible assets are as follows:&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-left: none; border-right: none;"&gt;
&lt;table cellpadding="0" style="height: 434px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 70px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 70px; width: 17.7515%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 70px; width: 6.6568%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Weighted average useful life (years) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 70px; border-bottom: 1px solid #000000; width: 8.72781%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 70px; width: 1.47929%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 70px; border-bottom: 1px solid #000000; width: 7.10059%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Additions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 70px; width: 1.47929%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 70px; border-bottom: 1px solid #000000; width: 9.1716%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Amortization &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.887574%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 70px; border-bottom: 1px solid #000000; width: 5.76923%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-family: 'times new roman', times;"&gt;&lt;span style="font-weight: bold;"&gt; Transfer (i)&lt;/span&gt; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 70px; width: 1.47929%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 70px; border-bottom: 1px solid #000000; width: 7.24852%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Write-offs and disposals &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.887574%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 70px; border-bottom: 1px solid #000000; width: 6.50888%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Effect of foreign currency exchange rate variation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.8285%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 70px; border-bottom: 1px solid #000000; width: 10.6509%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Reclassification to assets held for sale (ii) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.919118%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 70px; border-bottom: 1px solid #000000; width: 8.13609%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 70px; width: 0.97561%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Cost: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.72781%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.10059%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.1716%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.76923%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.24852%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.50888%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.6509%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.13609%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 17.7515%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Goodwill (a) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.6568%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.72781%; text-align: right; border-bottom-width: 1px;"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1,525,088&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.10059%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.1716%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.76923%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.24852%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.50888%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.8285%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.6509%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (706,992 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.919118%; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.13609%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 818,096 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.97561%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Software (b) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 4 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.72781%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,395,046 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.10059%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 284,311 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.1716%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.76923%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 372 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.24852%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (19,826 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.50888%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,808 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.6509%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (514,731 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.13609%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,146,980 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 17.7515%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Technology (c) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.6568%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.72781%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 32,617 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.10059%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.1716%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.76923%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.24852%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.50888%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.8285%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.6509%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (32,617 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.919118%; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.13609%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.97561%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Distribution rights &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 12 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.72781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 133,599 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.10059%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.1716%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.76923%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.24852%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.50888%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.6509%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (19,006 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.13609%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 114,593 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 17.7515%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Brands (d) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.6568%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.72781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 136,962 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.10059%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.1716%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.76923%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.24852%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.50888%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 4,759 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.8285%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.6509%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (72,523 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.919118%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.13609%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 69,198 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.97561%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Trademark rights (d) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 39 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.72781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 114,792 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.10059%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.1716%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.76923%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.24852%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.50888%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.6509%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.13609%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 114,792 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 17.7515%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Others (e) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 6.6568%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 10 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 8.72781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 50,698 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.10059%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,678 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 9.1716%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.887574%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 5.76923%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.24852%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.887574%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 6.50888%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (76 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.8285%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 10.6509%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (51,879 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.919118%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 8.13609%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 421 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.97561%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Decarbonization credits (f) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.72781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.10059%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 176,837 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.1716%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.76923%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.24852%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (176,837 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.50888%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.6509%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.13609%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 17.7515%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.6568%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 8.72781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,388,802 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 7.10059%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 462,826 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 9.1716%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 5.76923%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 372 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 7.24852%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (196,663 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 6.50888%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 6,491 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.8285%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 10.6509%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,397,748 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.919118%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 8.13609%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,264,080 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.97561%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Accumulated amortization: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.72781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.10059%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.1716%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.76923%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.24852%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.50888%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.6509%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.13609%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 17.7515%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Software &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.6568%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.72781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (825,024 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.10059%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.1716%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (206,025 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.76923%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (203 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.24852%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 19,329 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.50888%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,566 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.8285%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.6509%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 334,087 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.919118%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.13609%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (679,402 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.97561%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Technology &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.72781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (32,616 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.10059%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.1716%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.76923%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.24852%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.50888%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.6509%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 32,616 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.13609%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 17.7515%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Distribution rights &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.6568%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.72781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (113,326 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.10059%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.1716%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (3,093 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.76923%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.24852%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.50888%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.8285%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.6509%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 15,392 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.919118%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.13609%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (101,027 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.97561%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Trademark rights &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.72781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (9,056 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.10059%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.1716%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (2,937 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.76923%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.24852%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.50888%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.6509%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.13609%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (11,993 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 17.7515%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Others &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.6568%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.72781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (32,845 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.10059%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.1716%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (167 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.76923%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.24852%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.50888%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (2 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.8285%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.6509%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 32,612 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.919118%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.13609%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (402 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.97561%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 8.72781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,012,867 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 7.10059%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 9.1716%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (212,222 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 5.76923%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (203 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 7.24852%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 19,329 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 6.50888%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,568 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 10.6509%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 414,707 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 8.13609%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (792,824 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 13px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 17.7515%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Provision for losses and impairment: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 6.6568%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 8.72781%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 7.10059%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 9.1716%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.887574%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 5.76923%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 7.24852%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.887574%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 6.50888%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.8285%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 10.6509%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.919118%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 8.13609%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 0.97561%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Goodwill (a) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.72781%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (593,280 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.10059%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (68,273 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.1716%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.76923%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.24852%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.50888%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.6509%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 661,553 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.13609%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 17.7515%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Distribution rights &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.6568%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.72781%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.10059%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (76,218 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.1716%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.76923%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.24852%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.887574%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.50888%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.8285%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.6509%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 76,218 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.919118%; border-bottom-width: 1px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.739645%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.13609%; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.97561%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 17.7515%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.6568%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 8.72781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (593,280 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 7.10059%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (144,491 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 9.1716%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 5.76923%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 7.24852%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.887574%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 6.50888%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.8285%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 10.6509%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 737,771 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.919118%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; border-top: 1pt solid #000000 !important; width: 8.13609%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.97561%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 17.7515%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Net amount &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 6.6568%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 8.72781%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,782,655 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 7.10059%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 318,335 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 9.1716%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (212,222 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.887574%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 5.76923%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 169 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.47929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 7.24852%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (177,334 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.887574%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 6.50888%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 4,923 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.8285%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 10.6509%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (245,270 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.919118%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.739645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 8.13609%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,471,256 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 0.97561%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;(i) Refers to amounts transferred from PP&amp;amp;E.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;(ii) &lt;span style="border-left: none; border-right: none;"&gt;For further information, see Note &lt;span style="border-left: none; border-right: none;"&gt;3&lt;/span&gt;.c.&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;div style="border-left: none; border-right: none;"&gt;
&lt;table cellpadding="0" style="height: 431px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 37px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 37px; width: 16.035%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Weighted average useful life (years) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 37px; width: 8.30904%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 37px; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Additions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 37px; width: 10.2041%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Amortization &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 37px; width: 6.41399%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 8pt; font-family: 'times new roman', times;"&gt;&lt;span style="font-weight: bold;"&gt; Transfer (i)&lt;/span&gt; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 37px; width: 7.28863%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Write-offs and disposals &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 37px; width: 7.4344%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Effect of foreign currency exchange rate variation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 37px; width: 8.60058%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 37px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Cost: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.30904%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.2041%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.41399%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.28863%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.4344%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.60058%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.035%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Goodwill (a) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.30904%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,525,088 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.2041%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.41399%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.28863%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.4344%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.60058%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,525,088 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Software (b) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 4 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.30904%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,210,529 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 184,027 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.2041%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.41399%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 993 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.28863%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (6,633 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.4344%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 6,130 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.60058%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,395,046 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.035%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Technology (c) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.30904%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 32,617 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.2041%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.41399%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.28863%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.4344%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.60058%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 32,617 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Commercial property rights &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.30904%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 7,934 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.2041%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.41399%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.28863%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (7,934 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.4344%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.60058%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.035%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Distribution rights &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 10 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.30904%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 133,599 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.2041%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.41399%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.28863%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.4344%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.60058%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 133,599 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Brands (d) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.30904%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 122,504 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.2041%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.41399%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.28863%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.4344%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 14,458 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.60058%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 136,962 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.035%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Trademark rights (d) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 39 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.30904%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 114,792 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.2041%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.41399%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.28863%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.4344%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.60058%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 114,792 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Others (e) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 10 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.30904%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 44,900 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,040 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.2041%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.41399%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.28863%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.4344%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 4,758 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.60058%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 50,698 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.035%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Decarbonization credits (f) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.30904%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 125,345 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.2041%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.41399%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,058 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.28863%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (124,287 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.4344%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.60058%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 8.30904%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,191,963 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7.72595%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 310,412 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 10.2041%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 6.41399%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (65 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7.28863%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (138,854 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7.4344%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 25,346 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 8.60058%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,388,802 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.035%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Accumulated amortization: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.30904%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.2041%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.41399%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.28863%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.4344%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.60058%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Software &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.30904%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (648,861 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.2041%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (175,144 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.41399%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.28863%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,375 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.4344%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (4,394 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.60058%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (825,024) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.035%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Technology &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.30904%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (32,616 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.2041%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.41399%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.28863%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.4344%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.60058%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (32,616 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Commercial property rights &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.30904%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (6,384 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.2041%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (85 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.41399%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.28863%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 6,469 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.4344%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.60058%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; text-align: left; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.035%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Distribution rights &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.30904%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (108,932 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.2041%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (4,394 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.41399%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.28863%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.4344%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.60058%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (113,326 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; text-align: left; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Trademark rights &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.30904%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (6,119 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.2041%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (2,937 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.41399%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.28863%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.4344%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.60058%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (9,056 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; text-align: left; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.035%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Others &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.30904%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (32,713 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.2041%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (121 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.41399%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.28863%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.4344%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (11 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.60058%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (32,845 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; text-align: left; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 8.30904%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (835,625 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7.72595%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 10.2041%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (182,681 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 6.41399%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7.28863%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 9,844 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7.4344%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (4,405 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 8.60058%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,012,867 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; text-align: left; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 16.035%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Provision for losses and impairment: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 8.30904%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 10.2041%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6.41399%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.28863%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.4344%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 8.60058%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; text-align: left; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Goodwill (a) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.30904%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (593,280 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.2041%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.41399%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.28863%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.4344%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.60058%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (593,280 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; text-align: left; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.035%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Commercial property rights &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.30904%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (465 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.2041%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.41399%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.28863%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 465 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.4344%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.60058%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; text-align: left; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.035%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 8.30904%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (593,745 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7.72595%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 10.2041%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 6.41399%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7.28863%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 465 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7.4344%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 8.60058%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (593,280 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; text-align: left; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 16.035%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Net amount &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 8.30904%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,762,593 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 7.72595%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 310,412 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 10.2041%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (182,681 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.45773%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 6.41399%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (65 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.89504%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 7.28863%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (128,545 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 7.4344%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 20,941 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.74927%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 8.60058%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,782,655 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; width: 1.31195%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;

&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;p style="margin: 0px; text-align: justify; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;(i) Refers to amounts transferred to property, plant and equipment and prepaid expenses.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;div style="border-left: none; border-right: none;"&gt;
&lt;table cellpadding="0" style="height: 469px; border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 70px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 70px; width: 11%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Weighted average useful life (years) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 70px; width: 7.25%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2018 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 70px; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Adoption IFRS 16 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 70px; width: 6.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Additions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 70px; width: 8.75%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Amortization &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 70px; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 8pt; font-family: 'times new roman', times;"&gt;&lt;span style="font-weight: bold;"&gt; Transfer (i)&lt;/span&gt; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 70px; width: 6.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Write-offs and disposals &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 70px; width: 6.375%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Effect of foreign currency exchange rate variation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 70px; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 8pt; font-family: 'times new roman', times; font-weight: bold;"&gt; Oxiteno Andina (*) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 70px; width: 7.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 70px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Cost: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Goodwill (a) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&lt;span style="border-left: none; border-right: none;"&gt; - &lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.25%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,525,088 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.25%; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.125%; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.25%; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.75%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.25%; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.125%; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.25%; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.375%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.125%; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.125%; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,525,088 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; width: 1.125%; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Software (b) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,062,486 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 145,004 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,553 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (784 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,551 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (281 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,210,529 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Technology (c) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 5 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.25%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 32,617 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.75%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.375%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 32,617 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Commercial property rights &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 10 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 64,032 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (56,114 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,820 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,401 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (2,403 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 7,934 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Distribution rights &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 6 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.25%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 142,989 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,505 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.75%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (10,895 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.375%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 133,599 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Brands (d) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&lt;span style="border-left: none; border-right: none;"&gt; - &lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 120,571 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,933 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 122,504 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Trademark rights (d) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 35 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.25%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 114,792 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.75%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.375%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 114,792 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Others (e) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 10 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 43,281 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,668 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (355 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 306 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 44,900 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 7.25%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,105,856 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 6.5%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (56,114 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 6.625%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 151,997 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 8.75%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 5.5%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (10,098 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 6.125%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (3,187 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 6.375%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,790 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 5.5%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (281 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 7.125%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,191,963 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Accumulated amortization: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Software &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.25%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (537,438 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.75%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (110,088 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 13 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (611 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.375%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (998 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 261 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (648,861 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Technology &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (32,613 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (3 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (32,616 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 21px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 21px; width: 11%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Commercial property rights &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 21px; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; width: 7.25%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (23,931 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 16,186 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; width: 6.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; width: 8.75%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (848 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (669 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; width: 6.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,878 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; width: 6.375%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; width: 7.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (6,384 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Distribution rights &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (106,597 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (6,511 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 4,176 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (108,932 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Trademark rights &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.25%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (3,182 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.75%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (2,937 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.375%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (6,119 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Others &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (32,740 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (105 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 136 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (4 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (32,713 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 7.25%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (736,501 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.5%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 16,186 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.625%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 8.75%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (120,492 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 5.5%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,656 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.125%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,267 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.375%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,002 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 5.5%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 261 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 7.125%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (835,625 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 20px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 11%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Provision for losses and impairment: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 20px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 20px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Goodwill (a) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.25%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (593,280 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.75%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 6.375%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (593,280 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Commercial property rights &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (465 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (465 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 7.25%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.5%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.625%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (593,745 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 8.75%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 5.5%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.125%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 6.375%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 5.5%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 7.125%; border-top: 1pt solid #000000 !important; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (593,745 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 11%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Net amount &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 7.25%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,369,355 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 6.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (39,928 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 6.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (441,748 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 8.75%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (120,492 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (6,442 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 6.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (920 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.25%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.625%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 6.375%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,788 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 5.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (20 &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.5%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 7.125%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,762,593 &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.125%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
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&lt;/tbody&gt;
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&lt;/div&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;(i) Refers to amounts transferred to PP&amp;amp;E and right-of-use assets.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;(*) Refers to the asset write-offs of Oxiteno Andina.&lt;/span&gt;&lt;/p&gt;
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      unitRef="BRL">-465000</ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill>
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      id="Tag4123"
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    <ifrs-full:IntangibleAssetsAndGoodwill
      contextRef="I20181231"
      decimals="-3"
      id="Tag3723"
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      decimals="-3"
      id="Tag2146"
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      contextRef="D20191231"
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      id="Tag3747"
      unitRef="BRL">120492000</ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill>
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      decimals="-3"
      id="Tag297"
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      contextRef="D20191231"
      decimals="-3"
      id="Tag149"
      unitRef="BRL">920000</ifrs-full:DisposalsIntangibleAssetsAndGoodwill>
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      id="Tag3912"
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      id="Tag4122"
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    <ifrs-full:IntangibleAssetsAndGoodwill
      contextRef="I20191231"
      decimals="-3"
      id="Tag4001"
      unitRef="BRL">1762593000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:DisclosureOfGoodwillExplanatory contextRef="D20211231_3" id="Tag3731">
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The balance of the goodwill is tested annually for impairment and is represented by the following acquisitions:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-left: none; border-right: none;"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 277px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 60.8696%; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 12.0591%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Segment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 11.977%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.47929%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 0.984413%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 11.977%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.06645%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 60.8696%; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Goodwill on the acquisition of: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12.0591%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 0.984413%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 1.06645%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 60.8696%; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Extrafarma &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 12.0591%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Extrafarma &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 661,553 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.984413%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 661,553 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.06645%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 60.8696%; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Extrafarma &#x2013; impairment (i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12.0591%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Extrafarma &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 11.977%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (661,553 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.984413%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 11.977%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (593,280 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.06645%; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 60.8696%; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Extrafarma &#x2013; net &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 12.0591%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Extrafarma &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.984413%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 68,273 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.06645%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 20px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 60.8696%; height: 20px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Ipiranga (ii) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12.0591%; height: 20px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Ipiranga &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 20px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 276,724 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 20px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.984413%; height: 20px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 20px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 276,724 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.06645%; height: 20px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 60.8696%; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Uni&#xe3;o Terminais &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 12.0591%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Ultracargo &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 211,089 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.984413%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 211,089 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.06645%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 60.8696%; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Texaco &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12.0591%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Ipiranga &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 177,759 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.984413%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 177,759 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.06645%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 60.8696%; height: 18px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Iconic (CBLSA) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 12.0591%; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Ipiranga &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 69,807 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.984413%; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 69,807 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.06645%; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 60.8696%; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Oxiteno Uruguay (iii) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12.0591%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Oxiteno &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.984413%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 44,856 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.06645%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 60.8696%; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Temmar &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 12.0591%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Ultracargo &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 43,781 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.984413%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 43,781 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.06645%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 60.8696%; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; DNP &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12.0591%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Ipiranga &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 24,736 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.984413%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 24,736 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.06645%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 60.8696%; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Repsol &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 12.0591%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Ultragaz &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 13,403 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.984413%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 13,403 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.06645%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 60.8696%; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; TEAS &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12.0591%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Ultracargo &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 797 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.984413%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 797 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.06645%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 60.8696%; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Others (iii) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 12.0591%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Oxiteno &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.47929%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.984413%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 11.977%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 583 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.06645%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 60.8696%; height: 18px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12.0591%; height: 18px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.977%; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 818,096 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.984413%; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.977%; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 931,808 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.06645%; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0px; text-align: justify; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;(i) For further information, see Note &lt;span style="border-left: none; border-right: none;"&gt;3&lt;/span&gt;.a.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;(ii) &lt;span style="border-right: none; border-left: none;"&gt;Including R$ &lt;/span&gt;&lt;span style="border-right: none; border-left: none;"&gt;246,163&lt;/span&gt;&lt;span style="border-right: none; border-left: none;"&gt; presented as goodwill at parent Company Ultrapar.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;(iii) For further information about reclassification, see Note &lt;span style="border-left: none; border-right: none;"&gt;3&lt;/span&gt;.c.&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;.&lt;/span&gt;&lt;/p&gt;
</ifrs-full:DisclosureOfGoodwillExplanatory>
    <ugp:GoodwillAcquisitionSegment contextRef="D20211231_ExtrafarmaMember" id="Tag3946">Extrafarma</ugp:GoodwillAcquisitionSegment>
    <ugp:AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwillGross
      contextRef="D20211231_ExtrafarmaMember"
      decimals="-3"
      id="Tag3904"
      unitRef="BRL">661553000</ugp:AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwillGross>
    <ugp:AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwillGross
      contextRef="D20201231_ExtrafarmaMember"
      decimals="-3"
      id="Tag3469"
      unitRef="BRL">661553000</ugp:AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwillGross>
    <ifrs-full:ImpairmentLossRecognisedInProfitOrLossGoodwill
      contextRef="D20211231_ExtrafarmaMember"
      decimals="-3"
      id="Tag3953"
      unitRef="BRL">661553000</ifrs-full:ImpairmentLossRecognisedInProfitOrLossGoodwill>
    <ifrs-full:ImpairmentLossRecognisedInProfitOrLossGoodwill
      contextRef="D20201231_ExtrafarmaMember"
      decimals="-3"
      id="Tag3828"
      unitRef="BRL">593280000</ifrs-full:ImpairmentLossRecognisedInProfitOrLossGoodwill>
    <ifrs-full:AdditionalRecognitionGoodwill
      contextRef="D20211231_ExtrafarmaMember"
      id="Tag6929"
      unitRef="BRL"
      xsi:nil="true"/>
    <ifrs-full:AdditionalRecognitionGoodwill
      contextRef="D20201231_ExtrafarmaMember"
      decimals="-3"
      id="Tag3556"
      unitRef="BRL">68273000</ifrs-full:AdditionalRecognitionGoodwill>
    <ugp:GoodwillAcquisitionSegment contextRef="D20211231_IpirangaMember" id="Tag3909">Ipiranga</ugp:GoodwillAcquisitionSegment>
    <ifrs-full:AdditionalRecognitionGoodwill
      contextRef="D20211231_IpirangaMember"
      decimals="-3"
      id="Tag3607"
      unitRef="BRL">276724000</ifrs-full:AdditionalRecognitionGoodwill>
    <ifrs-full:AdditionalRecognitionGoodwill
      contextRef="D20201231_IpirangaMember"
      decimals="-3"
      id="Tag3520"
      unitRef="BRL">276724000</ifrs-full:AdditionalRecognitionGoodwill>
    <ugp:GoodwillAcquisitionSegment contextRef="D20211231_UniaoTerminaisMember" id="Tag3759">Ultracargo</ugp:GoodwillAcquisitionSegment>
    <ifrs-full:AdditionalRecognitionGoodwill
      contextRef="D20211231_UniaoTerminaisMember"
      decimals="-3"
      id="Tag3532"
      unitRef="BRL">211089000</ifrs-full:AdditionalRecognitionGoodwill>
    <ifrs-full:AdditionalRecognitionGoodwill
      contextRef="D20201231_UniaoTerminaisMember"
      decimals="-3"
      id="Tag3580"
      unitRef="BRL">211089000</ifrs-full:AdditionalRecognitionGoodwill>
    <ugp:GoodwillAcquisitionSegment contextRef="D20211231_TexacoMember" id="Tag3478">Ipiranga</ugp:GoodwillAcquisitionSegment>
    <ifrs-full:AdditionalRecognitionGoodwill
      contextRef="D20211231_TexacoMember"
      decimals="-3"
      id="Tag3996"
      unitRef="BRL">177759000</ifrs-full:AdditionalRecognitionGoodwill>
    <ifrs-full:AdditionalRecognitionGoodwill
      contextRef="D20201231_TexacoMember"
      decimals="-3"
      id="Tag4000"
      unitRef="BRL">177759000</ifrs-full:AdditionalRecognitionGoodwill>
    <ugp:GoodwillAcquisitionSegment contextRef="D20211231_IconicCblsamemberMember" id="Tag3622">Ipiranga</ugp:GoodwillAcquisitionSegment>
    <ifrs-full:AdditionalRecognitionGoodwill
      contextRef="D20211231_IconicCblsamemberMember"
      decimals="-3"
      id="Tag3676"
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      unitRef="BRL">24736000</ifrs-full:AdditionalRecognitionGoodwill>
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    <ifrs-full:AdditionalRecognitionGoodwill
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      unitRef="BRL">818096000</ifrs-full:AdditionalRecognitionGoodwill>
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      contextRef="D20201231_3"
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&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&lt;span style="font-weight: bold;"&gt;&lt;span style="border-left: none; border-right: none;"&gt;17&lt;/span&gt;&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;.&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;&#160;&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;Loans&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;,&lt;/span&gt;&lt;span style="font-weight: bold;"&gt; &lt;/span&gt;&lt;span style="font-weight: bold;"&gt;f&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;inancing,&lt;/span&gt;&lt;span style="font-weight: bold;"&gt; &lt;/span&gt;&lt;span style="font-weight: bold;"&gt;d&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;ebentures&lt;/span&gt;&lt;span style="font-weight: bold;"&gt; and &lt;/span&gt;&lt;span style="font-weight: bold;"&gt;h&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;edge &lt;/span&gt;&lt;span style="font-weight: bold;"&gt;d&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;erivative &lt;/span&gt;&lt;span style="font-weight: bold;"&gt;f&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;inancial &lt;/span&gt;&lt;span style="font-weight: bold;"&gt;i&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;nstruments&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify; font-family: 'times new roman', times; font-size: 5pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 5pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;"&gt;a. Composition&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify; font-family: 'times new roman', times; font-size: 5pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 5pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_4QF04Z3ISG00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 476px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Description &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Index/ Currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Weighted average financial charges 12/31/2021 &#x2013; % p.a. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Maturity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Foreign currency: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Notes in the foreign market (b) (*) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 7,821,441 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 7,267,687 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; US$ &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 5.3 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2026 to 2029 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Foreign loan (c&lt;span style="border-left: none; border-right: none;"&gt;.1&lt;/span&gt;) (*) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 735,438 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,047,644 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; US$ &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 4.0 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2023 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Foreign loan (c&lt;span style="border-left: none; border-right: none;"&gt;.1&lt;/span&gt;) (*) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 275,936 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 261,284 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="border-left: none; border-right: none;"&gt;US$ + LIBOR&lt;/span&gt; &lt;sup&gt;&lt;sup&gt;&lt;span style="vertical-align: super;"&gt;(&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;)&lt;/span&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1.0 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2022 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Financial institutions (d) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 154,783 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; US$ &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2022 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Financial institutions (d) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 39,350 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;MX$&lt;sup&gt;&lt;sup&gt;&lt;span style="vertical-align: super;"&gt;(&lt;span style="border-left: none; border-right: none;"&gt;2&lt;/span&gt;)&lt;/span&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Financial institutions (d) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 312,200 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;US$ + LIBOR &lt;sup&gt;&lt;sup&gt;&lt;span style="vertical-align: super;"&gt;(&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;)&lt;/span&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Advances on foreign exchange contracts &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 105,579 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; US$ &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total foreign currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 8,832,815 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 9,188,527 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 18px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Brazilian Reais: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Debentures &#x2013; CRA (f&lt;span style="border-left: none; border-right: none;"&gt;.2&lt;/span&gt;, f&lt;span style="border-left: none; border-right: none;"&gt;.4&lt;/span&gt; and f&lt;span style="border-left: none; border-right: none;"&gt;.6&lt;/span&gt;) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,063,788 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,037,602 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 95.8 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2022 to 2023 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Debentures &#x2013; 6&#xaa; issuance (f&lt;span style="border-left: none; border-right: none;"&gt;.5&lt;/span&gt;) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,764,199 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,734,113 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 105.3 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2023 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Debentures &#x2013; CRA (f&lt;span style="border-left: none; border-right: none;"&gt;.2&lt;/span&gt;, f&lt;span style="border-left: none; border-right: none;"&gt;.4&lt;/span&gt;, f&lt;span style="border-left: none; border-right: none;"&gt;.6&lt;/span&gt; and f&lt;span style="border-left: none; border-right: none;"&gt;.10&lt;/span&gt;) (*)&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,940,237 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,000,824 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; IPCA &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 4.7 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2024 to 2028 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Debentures &#x2013; Ipiranga (f&lt;span style="border-left: none; border-right: none;"&gt;.1&lt;/span&gt; and f&lt;span style="border-left: none; border-right: none;"&gt;.3&lt;/span&gt;) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 771,538 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,679,036 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 105.0 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2022 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 16px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 16px; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Debentures &#x2013; Ultracargo Log&#xed;stica and Tequimar Vila do Conde (f&lt;span style="border-left: none; border-right: none;"&gt;.8&lt;/span&gt; and f&lt;span style="border-left: none; border-right: none;"&gt;.9&lt;/span&gt;) (*) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 16px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 466,061 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 16px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 16px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 16px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 16px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 16px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 16px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; IPCA &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 16px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 4.1 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 16px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2028 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Banco do Brasil (e) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 204,813 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 407,420 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 110.9 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2022 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Debentures &#x2013; Ultracargo Log&#xed;stica (f&lt;span style="border-left: none; border-right: none;"&gt;.7&lt;/span&gt;) (*) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 80,946 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 92,541 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; R$ &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 6.5 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2024 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Bank Credit Bill &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 51,179 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 50,692 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; R$ + DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2.0 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2022 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Financial institutions (d) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 4,564 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; R$ &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2022 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; FINEP &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 326 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 29,803 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &lt;span style="border-right: none; border-left: none;"&gt;TJLP&lt;span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;&#160;(&lt;/span&gt;&lt;span style="border-left: none; border-right: none;"&gt;3&lt;/span&gt;&lt;span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;)&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1.5) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2022 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Notes - Ultrapar (g&lt;span style="border-left: none; border-right: none;"&gt;.1&lt;/span&gt;) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,038,499 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; R$ + DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total in Brazilian Reais &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 7,347,651 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 8,070,530 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 18px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total foreign currency and Brazilian Reais &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 16,180,466 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 17,259,057 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 18px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Currency and interest rate hedging instruments (**) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &lt;span style="border-right: none; border-left: none;"&gt;197,177&lt;/span&gt; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 117,159 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 16,377,643 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 17,376,216 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 18px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,866,051 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,255,944 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Non-current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 13,511,592 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 14,120,272 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;(*) &lt;span style="border-right: none; border-left: none;"&gt;These transactions were designated for hedge accounting (see Note &lt;span style="border-left: none; border-right: none;"&gt;33&lt;/span&gt;.h).&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;(**) &lt;span style="border-right: none; border-left: none;"&gt;Accumulated losses (see Note &lt;span style="border-left: none; border-right: none;"&gt;33&lt;/span&gt;.i).&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&#160;&#160;&lt;/span&gt;&lt;span style="border-right: none; border-left: none;"&gt;&lt;span style="border-right: none; border-left: none;"&gt;&lt;span style="border-left: none; border-right: none;"&gt;LIBOR&lt;/span&gt; = London Interbank Offered Rate.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt 0pt 0pt 14.2pt; text-align: justify; text-indent: -14.2pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;"&gt;&lt;sup&gt;&lt;span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(2)&lt;/span&gt;&lt;/sup&gt; &#160;&lt;/span&gt;&lt;span style="border-right: none; border-left: none;"&gt;&lt;span style="border-right: none; border-left: none;"&gt;MX$ = Mexican Peso.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt 0pt 0pt 14.2pt; text-align: justify; text-indent: -14.2pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;"&gt;&lt;sup&gt;&lt;span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(3)&lt;/span&gt;&lt;/sup&gt; &#160;&lt;/span&gt;&lt;span style="border-right: none; border-left: none;"&gt;&lt;span style="border-right: none; border-left: none;"&gt;&lt;span style="border-right: none; border-left: none;"&gt;TJLP (Long-term Interest Rate) = set by the National Monetary Council, TJLP is the basic financing cost of Banco Nacional de Desenvolvimento Econ&#xf4;mico e Social (&#x201c;BNDES&#x201d;), the Brazilian Development Bank. On December 31, 2021, TJLP was fixed at &lt;/span&gt;&lt;/span&gt;&lt;span style="border-left: none; border-right: none;"&gt;&lt;span style="border-right: none; border-left: none;"&gt;5.32&lt;/span&gt;&lt;/span&gt;&lt;span style="border-right: none; border-left: none;"&gt;&lt;span style="border-right: none; border-left: none;"&gt;&#160; % p.a.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt 0pt 0pt 14.2pt; text-align: justify; text-indent: -14.2pt;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;div&gt;

&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The changes in loans, financing, debentures and hedge derivative financial instruments are shown below:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_87SDZ3NEAO00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 425px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 75%; margin-left: auto; margin-right: auto;" width="75%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 87%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Balance as of December 31, 2018 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 15,116,139 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; New loans and debentures with cash effect &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,105,737 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Interest accrued &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 845,844 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Principal payment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (2,644,704 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Interest payment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,469,780 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Monetary and exchange rate variation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 296,441 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Change in fair value &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 113,060 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Balance as of December 31, 2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 14,392,722 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; New loans and debentures with cash effect &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,591,624 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Interest accrued &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 757,161 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Principal payment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (2,795,002 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Interest payment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (740,853 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Monetary and exchange rate variation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,048,688 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Change in fair value &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 34,702 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Hedge result &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 87,174 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Balance as of December 31, 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 17,376,216 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; New loans and debentures with cash effect &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,462,220 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Interest accrued &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 801,102 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Principal payment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (2,922,214 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Interest payment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (749,043 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Monetary and exchange rate variation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 800,749 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Change in fair value &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (229,657 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Hedge result &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 80,018 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Reclassification to liabilities held for sale (i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (241,748 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Balance as of December 31, 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 16,377,643 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;(i) &lt;span style="border-right: none; border-left: none;"&gt;For further information, see Note &lt;span style="border-left: none; border-right: none;"&gt;3&lt;/span&gt;.c.&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;The long-term&#160; debt had the following principal maturity schedule:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_5496HQ9ZZK00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 120px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 85%; margin-left: auto; margin-right: auto;" width="85%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.8963%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 12.0352%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 12.0352%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 0.978474%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.8963%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; From 1 to 2 years &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0352%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,092,734 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0352%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,702,626 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.8963%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; From 2 to 3 years &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0352%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 774,904 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0352%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,091,641 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.8963%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; From 3 to 4 years &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0352%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 270,401 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.978474%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.978474%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0352%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 784,778 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.978474%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.8963%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; From 4 to 5 years &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0352%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,056,499 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0352%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 231,271 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.8963%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; More than 5 years &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0352%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 6,317,054 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.978474%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.978474%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0352%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 7,309,956 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.978474%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 72.8963%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 12.0352%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 13,511,592 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.978474%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.978474%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 12.0352%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 14,120,272 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 0.978474%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;The transaction costs and issuance premiums associated with debt issuance were added to their financial liabilities, as shown in Note 17.h.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;The Company&#x2019;s management entered into hedging instruments against foreign exchange and interest rate variations for a portion of its debt obligations (see Note 33.h).&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div&gt;
&lt;div id="t_ft_S6QW8K5F8W00000000000000000000b"&gt;

&lt;/div&gt;
&lt;/div&gt;
&lt;p style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; font-size: 9pt; margin: 0px;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;b.&lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;&#160;&lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;&#160;&lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;Notes in the foreign market&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;On October 6, 2016 the subsidiary Ultrapar International S.A. (&#x201c;Ultrapar International&#x201d;) issued US$ 750,000 (equivalent to R$ 4,185,375 as of December 31, 2021) in notes in the foreign market, maturing in October 2026, with interest rate of 5.25% p.a., paid semiannually. The issue price was 98.097% of the face value of the note. The notes were guaranteed by the Company and its subsidiary IPP. The Company has designated hedge relationships for this transaction (see Notes 33.h.2 and 33.h.3).&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;On June 6, 2019 the subsidiary Ultrapar International issued US$ 500,000 (equivalent to R$ 2,790,250 as of December 31, 2021) in notes in the foreign market, maturing in June 2029, with interest rate of 5.25% p. a., paid semiannually. The issue price was 100% of the face value of the note. The notes were guaranteed by the Company and its subsidiary IPP. The Company has designated hedge relationships for part of this transaction (see Note 33.h.3).&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;On June 21, 2019, the subsidiary Ultrapar International repurchased US$ 200,000 (equivalent to R$ 1,116,100 as of December 31, 2021) in notes in the foreign market maturing in October 2026.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;On July 13, 2020 the subsidiary Ultrapar International carried out the reopening of notes in the foreign market issued in 2019, realizing new issuance in the amount of US$ 350,000 (equivalent to R$ 1,953,175 as of December 31, 2021) maturing in June 2029, to the coupon (interest) and yield of 5.25% per year, paid semiannually. The issue price was 99.994% of face value of the note. The notes were guaranteed by the Company and the subsidiary IPP.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;As a result of the issuance of the notes in the foreign market the Company and its subsidiaries are required to perform certain obligations, including:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;ul style="margin: 0pt; padding-left: 0pt;"&gt;
&lt;li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;Restriction on sale of all or substantially all assets of the Company and subsidiaries Ultrapar International and IPP;&lt;/span&gt;&lt;/li&gt;
&lt;/ul&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;ul style="margin: 0pt; padding-left: 0pt;"&gt;
&lt;li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;Restriction on encumbrance of assets exceeding US$ 150,000 (equivalent to R$ 837,075 as of December 31, 2021) or 15% of the amount of the consolidated tangible assets.&lt;/span&gt;&lt;/li&gt;
&lt;/ul&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="background-color: #ffffff; font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;The Company and its subsidiaries are in compliance with the levels of covenants required by this debt. The restrictions imposed on the Company and its subsidiaries are customary in transactions of this nature and have not limited their ability to conduct their business to date.&lt;/span&gt;&lt;/p&gt;
&lt;div&gt;
&lt;div id="t_ft_1Q4AT3OZKW00000000000000000000b"&gt;

&lt;/div&gt;
&lt;/div&gt;
&lt;div style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"&gt;
&lt;p style="margin: 0px; text-align: justify; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;c. Foreign &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;l&lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;oans&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&lt;span style="font-weight: bold;"&gt;c.1&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;.&lt;/span&gt;&lt;span style="font-weight: bold;"&gt; &lt;/span&gt;The subsidiary IPP has foreign loans in the amount of US$ 175,000 (equivalent to R$ 976,588 as of December 31, 2021). IPP also contracted hedging instruments with floating interest rate in U.S. dollar and exchange rate variation, changing the foreign loans charges, on average, to 104.9% of DI. IPP designated these hedging instruments as a fair value hedge (see Note 33.h.1). Therefore, loans and hedging instruments are both measured at fair value from inception, with changes in fair value recognized through profit or loss. The foreign loans are secured by the Company.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;The foreign loans have the maturity distributed as follows:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_OMKLZX40SG00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 95px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 58.8454%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Maturity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9181%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; US$ &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11732%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.931099%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.1043%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; R$ &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.931099%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.931099%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.1043%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Cost in % of DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.8622%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 58.8454%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;Charges &lt;span style="font-size: 8pt;"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff; width: 11.9181%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 6,234 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff; width: 1.11732%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff; width: 0.931099%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff; width: 12.1043%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 34,786 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff; width: 0.931099%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff; width: 0.931099%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff; width: 12.1043%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff; width: 1.8622%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 58.8454%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Jun/2022 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 11.9181%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 50,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11732%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.931099%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 12.1043%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 279,025 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.931099%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.931099%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 12.1043%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 105.0 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.8622%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 58.8454%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Sep/2023 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 11.9181%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 60,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.11732%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 0.931099%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 12.1043%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 334,830 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 0.931099%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 0.931099%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 12.1043%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 105.0 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.8622%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 58.8454%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Sep/2023 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 11.9181%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 65,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11732%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.931099%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 12.1043%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 362,733 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.931099%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.931099%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 12.1043%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 104.8 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.8622%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 58.8454%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total / average cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 11.9181%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 181,234 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.11732%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 0.931099%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 12.1043%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,011,374 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 0.931099%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 0.931099%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 12.1043%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 104.9 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 1.8622%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;sup&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 6pt; vertical-align: super;"&gt; &lt;/span&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;sup&gt;&lt;sup&gt;&lt;span style="vertical-align: super;"&gt;(1)&lt;/span&gt;&lt;/sup&gt;&lt;/sup&gt; &lt;span style="border-right: none; border-left: none;"&gt;Includes interest, transaction costs and fair value adjustments.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;div style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;d. Financial &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;i&lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;nstitutions&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;In December 2021, the subsidiary Abastece A&#xed; ended the year with a short-term liabilities in the amount of R$ 4,564.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The subsidiary Oxiteno M&#xe9;xico S.A de C.V has contracted loan of US$ 20,000 with maturity in April 2022. The other maturities of this item are represented by Oxiteno Uruguay with maturities between October 2021 and July 2022 and by Oxiteno USA, which has already been fully settled on its maturity in September 2021. As of December 31, 2021 the balances of R$ 163,478 were reclassified to liabilities held for sale.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;e. &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;Banco do Brasil&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The subsidiary IPP has floating interest rate loans with Banco do Brasil in the amount of R$ 204,813 as of December 31, 2021, of which R$ 1,646 in charges, intended for marketing, processing, or manufacturing of agricultural goods (ethanol) with maturity in May 2022.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div&gt;
&lt;div id="t_ft_YUG7UATWBK00000000000000000000b"&gt;

&lt;/div&gt;
&lt;/div&gt;
&lt;div style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;f. &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;Debentures&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="font-weight: bold;"&gt;f&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;.&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;1&lt;/span&gt; In May 2016 the subsidiary IPP carried out fourth issuance of public debentures, in one single series of 500 simple, nominative, registered debentures, nonconvertible into shares and unsecured, which main characteristics are as follows:&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_R7PIJ1M4Z400000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 102px;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Face value unit: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; R$ 1,000,000.00 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; height: 17px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Final maturity: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; May 25, 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; height: 17px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of the face value: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Annual as from May 2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; height: 17px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 105.0% of DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; height: 17px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Semiannually &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; height: 17px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Reprice: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Not applicable &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;Subsidiary IPP paid in advance its fourth public issuance of debentures upon maturity.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="font-weight: bold;"&gt;f&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;.&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;2&lt;/span&gt; In April 2017 the subsidiary IPP carried out its fifth issuance of debentures, in two series, being one of 660,139 and another of 352,361, simple, nonconvertible into shares, nominative, book-entry and unsecured debentures. The debentures have been subscribed by Eco Consult &#x2013; Consultoria de Opera&#xe7;&#xf5;es Financeiras Agropecu&#xe1;rias Ltda. The proceeds from this issuance were used exclusively for the purchase of ethanol by subsidiary IPP.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The debentures were later assigned and transferred to Eco Securitizadora de Direitos Credit&#xf3;rios do Agroneg&#xf3;cio S.A. that acquired these agribusiness credit rights with the purpose to bind the issuance of Certificates of Agribusiness Receivables (CRA). The debentures have an additional guarantee from Ultrapar and the main characteristics of the debentures are as follows:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_6AFNJAXQ7400000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 119px;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Amount: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 660,139 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Face value unit: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; R$ 1,000.00 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Final maturity: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; April 18, 2022 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of the face value: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Lump sum at final maturity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; 95.0% of DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Semiannually &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Reprice: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Not applicable &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="font-size: 11pt; line-height: 115%; margin: 2pt 0pt 10pt; text-align: justify;"&gt;&lt;span style="font-family: Times; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_MOWS3Y145C00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 119px;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Amount: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 352,361 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Face value unit: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; R$ 1,000.00 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Final maturity: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; April 15, 2024 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of the face value: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Lump sum at final maturity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; IPCA + 4.68% &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Annually &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Reprice: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Not applicable &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The subsidiary IPP contracted hedging instruments subjected to IPCA variation, changing the debentures charges linked to&#160;IPCA to 93.9 % of DI. IPP designated these hedging instruments as fair value hedges; therefore, debentures and hedging instruments are both measured at fair value from inception, with changes in fair value recognized through profit or loss.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;div&gt;
&lt;div id="t_ft_ITNOTPRVB400000000000000000000b"&gt;

&lt;/div&gt;
&lt;/div&gt;
&lt;div style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="font-weight: bold;"&gt;f&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;.&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;3&lt;/span&gt; In July 2017 the subsidiary IPP carried out sixth issuance of public debentures, in one single series of 1,500,000 simple, nonconvertible into shares and unsecured debentures, which main characteristics are as follows:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_XRQ5BEJ3SW00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 102px;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Face value unit: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; R$ 1,000.00 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Final maturity: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; July 28, 2022 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of the face value: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Annual as from July 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 105.0% of DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Annually &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Reprice: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Not applicable &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="font-weight: bold;"&gt;f&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;.&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;4&lt;/span&gt; In October 2017 the subsidiary IPP carried out its seventh issuance of debentures in the amount of R$ 944,077, in two series, being on of 730,384 and another of 213,693, simple, nonconvertible into shares, nominative, book-entry and unsecured debentures. The debentures have been subscribed by Vert Companhia Securitizadora. The proceeds from this issuance were used exclusively for the purchase of ethanol by subsidiary IPP.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The debentures were later assigned and transferred to Vert Cr&#xe9;ditos Ltda., that acquired these agribusiness credit rights with the purpose to bind the issuance of Certificates of Agribusiness Receivables (CRA). The financial settlement occurred on November 1, 2017. The debentures have an additional guarantee from Ultrapar and the main characteristics of the debentures are as follows:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;div id="t_ft_X0I67TMIPS00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 119px;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Amount: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 730,384 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Face value unit: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; R$ 1,000.00 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Final maturity: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; October 24, 2022 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of the face value: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Lump sum at final maturity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; 95.0% of DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Semiannually &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Reprice: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Not applicable &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_NBDFWDCASW00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 119px;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Amount: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 213,693 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Face value unit: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; R$ 1,000.00 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Final maturity: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; October 24, 2024 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of the face value: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Lump sum at final maturity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; IPCA + 4.34% &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Annually &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Reprice: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Not applicable &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The subsidiary IPP contracted hedging instruments subjected to IPCA variation, changing the debentures charges linked to&#160;IPCA to 97.3% of DI. IPP designated these hedging instruments as fair value hedges; therefore, debentures and hedging instruments are both measured at fair value from inception, with changes in fair value recognized through profit or loss.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div&gt;
&lt;div id="t_ft_GV5TB96DCW00000000000000000000b"&gt;

&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="font-weight: bold;"&gt;f&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;.&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;5&lt;/span&gt; In March 2018 the Company carried out sixth issuance of public debentures, in a single series of 1,725,000 simple, nonconvertible into shares and unsecured debentures, which main characteristics are as follows:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;div id="t_ft_35SBTJTQN400000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 102px;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Face value unit: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; R$ 1,000.00 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="vertical-align: top; height: 17px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Final maturity: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; March 5, 2023 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="vertical-align: top; height: 17px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of the face value: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Lump sum at final maturity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="vertical-align: top; height: 17px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; 105.25% of DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="vertical-align: top; height: 17px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Semiannually &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="vertical-align: top; height: 17px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Reprice: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Not applicable &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="font-weight: bold;"&gt;f&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;.&lt;span style="border-left: none; border-right: none;"&gt;6&lt;/span&gt;&lt;/span&gt; In December 2018 the subsidiary IPP carried out its eighth issuance of debentures in the amount of R$900,000, in two series, being one of &lt;span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;R$&lt;/span&gt;660,000 and another of &lt;span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;R$&lt;/span&gt;240,000, simple, nonconvertible into shares, nominative, book-entry and unsecured debentures. The debentures have been subscribed by Vert Companhia Securitizadora. The proceeds from this issuance were used exclusively for the purchase of ethanol by subsidiary IPP. The debentures were subscribed with the purpose to bind the issuance of CRA. The financial settlement occurred on December 21, 2018. The debentures have an additional guarantee from Ultrapar and the main characteristics of the debentures are as follows:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_LKWEEMI0GW00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 119px;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Amount: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 660,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Face value unit: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; R$ 1,000.00 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Final maturity: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; December 18, 2023 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of the face value: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Lump sum at final maturity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 97.5% of DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Semiannually &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Reprice: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Not applicable &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_200I8QLY6800000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="vertical-align: top; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Amount: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 240,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="vertical-align: top; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Face value unit: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; R$ 1,000.00 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="vertical-align: top; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Final maturity: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; December 15, 2025 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="vertical-align: top; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of the face value: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Lump sum at final maturity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="vertical-align: top; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; IPCA + 4.61% &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="vertical-align: top; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Annually &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="vertical-align: top; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Reprice: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Not applicable &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The subsidiary IPP contracted hedging instruments subjected to IPCA variation, changing the debentures charges linked to&#160;&lt;span style="border-left: none; border-right: none;"&gt;&lt;span style="border-left: none; border-right: none;"&gt;&lt;span style="border-left: none; border-right: none;"&gt;&lt;span style="border-left: none; border-right: none;"&gt;&lt;span style="border-left: none; border-right: none;"&gt;&lt;span style="border-left: none; border-right: none;"&gt;IPCA to 97.1% of DI&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;. IPP designated these hedging instruments as fair value hedges; therefore, debentures and hedging instruments are both measured at fair value from inception, with changes in fair value recognized through profit or loss.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div&gt;
&lt;div id="t_ft_PUY33AH2UO00000000000000000000b"&gt;

&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="font-weight: bold;"&gt;f&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;.7&lt;/span&gt; In November 2019 the subsidiary Ultracargo Log&#xed;stica made its first issuance of debentures, in a single series of 90,000 simple, nonconvertible into shares and unsecured debentures, which main characteristics are as follows:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_DCKDMAYAIO00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 102px;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 49.0741%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Face value unit: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50.7937%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; R$ 1,000.00 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 49.0741%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Final maturity: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50.7937%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; November 19, 2024 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 49.0741%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of the face value: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50.7937%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Lump sum at final maturity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 49.0741%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50.7937%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 6.47% &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 49.0741%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50.7937%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Semiannually &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 49.0741%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Reprice: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50.7937%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Not applicable &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The subsidiary &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Ultracargo&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Log&#xed;stica&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; contracted hedging instruments subjected interest rate variation, changing the debentures fixed for 99.94% of the DI. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Ultracargo&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Log&#xed;stica&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; designated these hedging instruments as fair value hedges therefore debentures and hedging instruments are both measured at fair value from inception, with changes in fair value recognized &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; profit or loss.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 5.65pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;f.8&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;In &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;March&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 20&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;21&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; the subsidiary Tequimar&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; Vila do Conde &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;made its first issuance of debentures, in a single series of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;360,000&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;simple, nonconvertible into shares and unsecured debentures, which main characteristics are as follows:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt; font-weight: bold;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_DC0I0L73Z400000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 102px;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 49.8757%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Face value unit: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 49.9586%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; R$ 1,000.00 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 49.8757%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Final maturity: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 49.9586%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; March 15, 2028 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 49.8757%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of the face value: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 49.9586%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Lump sum at final maturity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 49.8757%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 49.9586%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; IPCA + 4.04% &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 49.8757%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 49.9586%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Semiannually &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 49.8757%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Reprice: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 49.9586%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Not applicable &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt; font-weight: bold;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The subsidiary Tequimar Vila do Conde contracted hedging instruments subjected interest rate variation changing the debentures fixed for 111.4% of the DI. Tequimar Vila do Conde designated these hedging instruments as fair value hedges therefore debentures and hedging instruments are both measured at fair value from inception with changes in fair value recognized in profit or loss.&lt;/span&gt;&lt;/p&gt;
&lt;div style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt 5.65pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="font-weight: bold;"&gt;f.&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;9&lt;/span&gt; In March 2021 the subsidiary Ultracargo Log&#xed;stica made its second issuance of debentures, in a single series of 100,000 simple, nonconvertible into shares and unsecured debentures, which main characteristics are as follows:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_VKM7NDCN4000000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 114px; border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="vertical-align: top; height: 19px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Face value unit: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 19px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; R$ 1,000.00 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="vertical-align: top; height: 19px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Final maturity: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 19px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; March 15, 2028 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="vertical-align: top; height: 19px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of the face value: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 19px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Lump sum at final maturity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="vertical-align: top; height: 19px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 19px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; IPCA + 4.37% &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="vertical-align: top; height: 19px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 19px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Semiannually &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="vertical-align: top; height: 19px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Reprice: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 19px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Not applicable &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt; font-weight: bold;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The subsidiary Ultracargo Log&#xed;stica contracted hedging instruments subjected interest rate variation changing the debentures fixed for 111.4% of the DI. Ultracargo Log&#xed;stica designated these hedging instruments as fair value hedges therefore debentures and hedging instruments are both measured at fair value from inception with changes in fair value recognized in profit or loss.&lt;/span&gt;&lt;/p&gt;
&lt;div&gt;
&lt;div id="t_ft_0R2GFHVWPC00000000000000000000b"&gt;

&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="font-weight: bold;"&gt;f.10&lt;/span&gt; In September 2021, subsidiary IPP carried out its tenth issue of debentures in the total amount of R$ 960,000, in a single series of 960,000 simple, nonconvertible, registered, book-entry and unsecured debentures, privately placed by Vert Companhia Securitizadora. The funds were used exclusively for the purchase of ethanol by the subsidiary IPP. The debentures were subscribed for the purpose to bind the issuance of CRA. The financial settlement ocurred on September 16, 2021. The debentures have an additional guarantee from Ultrapar and the main characteristics are as follows:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_WUSFFJIDJ400000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 133px;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; width: 50%; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Amount: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; width: 50%; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; 960,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Face value unit: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; R$ 1,000.00 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Final maturity: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; September 15, 2028 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of the face value: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Lump sum at final maturity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; IPCA + 4.83% &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Semiannually &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Reprice: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Not applicable &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The subsidiary IPP contracted hedging instruments subjected to IPCA variation, changing the debentures charges linked to the&#160;IPCA to 102.75% of the DI. IPP designated these hedging instruments as fair value hedges; therefore, debentures and hedging instruments are both measured at fair value from inception, with changes in fair value recognized through profit or loss.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;


&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; margin-left: 65px; font-family: 'times new roman', times;"&gt;The debentures have maturity dates distributed as shown below (includes accrued interest through December 31, 2021):&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_PGYND8HS8000000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 235px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Maturity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 14px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 14px; background-color: #cceeff; width: 82%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;Charges &lt;span style="font-size: 8pt;"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 14px; background-color: #cceeff; width: 5%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 14px; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (22,759 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 14px; background-color: #cceeff; width: 1%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Apr/2022 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 660,139 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Jul/2022 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 750,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Oct/2022 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 730,384 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Mar/2023 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,725,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Dec/2023 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 660,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Apr/2024 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 443,944 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Oct/2024 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 267,316 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Nov/2024 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 90,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Dec/2025 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 287,294 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Mar/2028 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 498,474 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Sep/&lt;span style="border-left: none; border-right: none;"&gt;2028&lt;/span&gt; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 996,977 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 7,086,769 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;sup&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 6pt; vertical-align: super;"&gt; &lt;/span&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;sup&gt;&lt;sup&gt;&lt;span style="vertical-align: super;"&gt;(1)&lt;/span&gt;&lt;/sup&gt;&lt;/sup&gt; &lt;span style="border-right: none; border-left: none;"&gt;Includes interest, transaction cost and fair value adjustments.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div&gt;
&lt;div id="t_ft_3QWYREN3CG00000000000000000000b"&gt;

&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;"&gt;g. Notes&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="font-weight: bold;"&gt;g&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;.1 &lt;/span&gt;In April 2020 the Company carried out second public issuance of notes in a single series of 40 commercial notes, not convertible into shares, of unsecured type, whose main characteristics are:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding: 0px; vertical-align: top; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Face value unit: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: top; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; R$ 25,000,000.00 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding: 0px; vertical-align: top; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Final maturity: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: top; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; April 6, 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding: 0px; vertical-align: top; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of the face value: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: top; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Lump sum at final maturity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding: 0px; vertical-align: top; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: top; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; DI + 3.10% &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding: 0px; vertical-align: top; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: top; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Lump sum at final maturity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding: 0px; vertical-align: top; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Reprice: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: top; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Not applicable &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The Company paid in advance its second public issuance of notes on maturity.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;"&gt;h. Transaction costs&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;Transaction costs incurred in issuing debt were deducted from the value of the related financial instruments and are recognized as an expense according to the effective interest rate method as follows:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_PO4ZBAAMGW00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 105px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 41.8953%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Effective rate of transaction costs (% p.a.) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.08063%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Incurred cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Amortization &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.16376%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 7.8138%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-family: 'times new roman', times;"&gt; Reclassification to liabilities held for sale (i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 41.8953%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Debentures (f) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 0.2 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.08063%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 28,348 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 40,953 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (14,811 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.16376%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.8138%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 54,490 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 41.8953%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Notes in the foreign market (b) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 0.1 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.08063%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 37,112 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (4,890 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.16376%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.8138%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (4,204 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 28,018 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 41.8953%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Notes (g) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.08063%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,318 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,318 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.16376%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.8138%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 41.8953%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Banco do Brasil (e) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 0.1 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.08063%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 332 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (256 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.16376%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.8138%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 76 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 41.8953%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 18px; width: 1.08063%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 67,110 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 40,953 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (21,275 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 0.997506%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.16376%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 7.8138%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (4,204 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 0.997506%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 82,584 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt;(i) &lt;span style="border-right: none; border-left: none;"&gt;See Note &lt;span style="border-left: none; border-right: none;"&gt;3&lt;/span&gt;.c.&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_T3UA1LB77K00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 129px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 41.3613%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 9.84293%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Effective rate of transaction costs (% p.a.) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 9.94764%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.04712%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 9.84293%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Incurred cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.04712%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 9.94764%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Amortization &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.04712%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 9.94764%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.04712%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 41.3613%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Debentures (f) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.84293%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 0.2 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.94764%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 41,406 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.84293%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.94764%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (13,058 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.94764%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 28,348 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 41.3613%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Notes in the foreign market (b) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 9.84293%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 0.1 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.94764%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 28,114 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.84293%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 13,263 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.94764%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (4,265 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.94764%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 37,112 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 41.3613%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Notes (g) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.84293%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 0.5 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.94764%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.84293%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 6,802 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.94764%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (5,484 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.94764%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,318 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 41.3613%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Banco do Brasil (e) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 9.84293%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 0.1 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.94764%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 770 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.84293%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.94764%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (438 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.94764%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 332 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 41.3613%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Foreign loans (c) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.84293%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.94764%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 94 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.84293%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.94764%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (94 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.94764%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 41.3613%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Others &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 9.84293%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.94764%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,382 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.84293%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.94764%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,382 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.94764%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 41.3613%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.84293%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 9.94764%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 71,766 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 9.84293%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 20,065 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 9.94764%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (24,721 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 9.94764%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 67,110 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 17px; background-color: #cceeff; width: 1.04712%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div&gt;
&lt;div id="t_ft_JHW8YY9F1S00000000000000000000b"&gt;

&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;div id="t_ft_X009I0W67K00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 132px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 29px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 41.8953%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Effective rate of transaction costs (% p.a.) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 1.08063%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 9.89194%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2018 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Incurred cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Amortization &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 41.8953%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Debentures (g) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 0.2 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.08063%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.89194%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 56,376 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 692 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (15,662 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 41,406 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 41.8953%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Notes in the foreign market (b) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 0.1 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.08063%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.89194%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 13,881 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 18,442 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (4,209 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 28,114 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 41.8953%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Banco do Brasil (f) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 0.2 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.08063%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.89194%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,437 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (2,667 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 770 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 41.8953%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Foreign loans (c) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.08063%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.89194%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 331 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (237 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 94 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 41.8953%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Others &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 0.2 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.08063%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.89194%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,432 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,050 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,382 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 41.8953%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 18px; width: 1.08063%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 9.89194%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 76,457 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 19,134 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (23,825 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 71,766 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;


&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;The amount to be appropriated to profit or loss in the future is as follows:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_BBO0H66Q5C00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 79px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 16.9576%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Up to 1 year &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 1 to 2 years &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 10.0582%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 2 to 3 years &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 3 to 4 years &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 4 to 5 years &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; More than 5 years &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 0.831255%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.16376%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 16.9576%; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Debentures (f) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 9.97506%; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 15,060 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.997506%; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.997506%; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 9.97506%; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 11,129 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.997506%; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.997506%; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 10.0582%; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 6,990 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.997506%; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.997506%; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 9.97506%; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 6,075 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.997506%; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.997506%; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 9.97506%; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 5,886 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.997506%; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.997506%; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 9.97506%; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 9,350 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.831255%; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.16376%; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 9.97506%; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 54,490 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.08063%; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.9576%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Notes in the foreign market (b) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 4,126 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 4,128 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0582%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 4,143 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 4,135 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,897 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 7,589 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.831255%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.16376%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 28,018 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.9576%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Banco do Brasil (e) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 76 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0582%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.831255%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.16376%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 76 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 16.9576%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 19,262 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 15,257 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 10.0582%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 11,133 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 10,210 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 9,783 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 16,939 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.831255%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.16376%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 82,584 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;"&gt;i. Guarantees&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The financings does not have guaranteed by collateral as of December 31, 2021 (R$ 75,251 as of December 31, 2020) and has guarantees and promissory notes in the amount of R$ 14,151,506 as of December 31, 2021 (R$ 13,758,033 as of December 31, 2020).&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The Company and its subsidiaries offer collateral in the form of letters of credit for commercial and legal proceedings in the amount of R$ 118,231 as of December 31, 2021 (R$ 129,139 as of December 31, 2020). &lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The subsidiary IPP issued collateral to financial institutions in connection with the amounts payable by some of their customers to such institutions (vendor financing) as follows:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_H1UO6XR68G00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 95%; margin-right: auto; height: 85px;" width="95%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="4" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; IPP &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 72%; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 12%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 2%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 12%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Maximum amount of future payments related to such collateral&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 690,347 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 330,944 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Maturities of up to &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 49 months &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 46 months &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Fair value of collateral&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 9,923 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 5,496 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;If the subsidiary IPP is required to make any payment under these collateral arrangements, this subsidiary may recover the amount paid directly from its customers through commercial collection. Until December 31, 2021 the subsidiary IPP did not have losses in connection with these &lt;span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;collateral arrangements&lt;/span&gt;. The fair value of collateral is recognized in current liabilities as &#x201c;other payables&#x201d;, which is recognized in the statement of profit or loss as customers settle their obligations with the financial institutions.&lt;/span&gt;&lt;/p&gt;
</ifrs-full:DisclosureOfBorrowingsExplanatory>
    <ifrs-full:DisclosureOfDetailedInformationAboutBorrowingsExplanatory contextRef="D20211231_3" id="Tag4480">
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;"&gt;a. Composition&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify; font-family: 'times new roman', times; font-size: 5pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 5pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_4QF04Z3ISG00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 476px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Description &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Index/ Currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Weighted average financial charges 12/31/2021 &#x2013; % p.a. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Maturity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Foreign currency: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Notes in the foreign market (b) (*) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 7,821,441 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 7,267,687 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.4881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; US$ &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 5.3 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2026 to 2029 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Foreign loan (c&lt;span style="border-left: none; border-right: none;"&gt;.1&lt;/span&gt;) (*) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 735,438 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,047,644 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; US$ &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 4.0 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2023 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Foreign loan (c&lt;span style="border-left: none; border-right: none;"&gt;.1&lt;/span&gt;) (*) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 275,936 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 261,284 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="border-left: none; border-right: none;"&gt;US$ + LIBOR&lt;/span&gt; &lt;sup&gt;&lt;sup&gt;&lt;span style="vertical-align: super;"&gt;(&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;)&lt;/span&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1.0 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2022 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Financial institutions (d) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 154,783 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; US$ &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2022 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Financial institutions (d) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 39,350 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;MX$&lt;sup&gt;&lt;sup&gt;&lt;span style="vertical-align: super;"&gt;(&lt;span style="border-left: none; border-right: none;"&gt;2&lt;/span&gt;)&lt;/span&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Financial institutions (d) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 312,200 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;US$ + LIBOR &lt;sup&gt;&lt;sup&gt;&lt;span style="vertical-align: super;"&gt;(&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;)&lt;/span&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Advances on foreign exchange contracts &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 105,579 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; US$ &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total foreign currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 8,832,815 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 9,188,527 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 18px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Brazilian Reais: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Debentures &#x2013; CRA (f&lt;span style="border-left: none; border-right: none;"&gt;.2&lt;/span&gt;, f&lt;span style="border-left: none; border-right: none;"&gt;.4&lt;/span&gt; and f&lt;span style="border-left: none; border-right: none;"&gt;.6&lt;/span&gt;) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,063,788 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,037,602 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 95.8 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2022 to 2023 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Debentures &#x2013; 6&#xaa; issuance (f&lt;span style="border-left: none; border-right: none;"&gt;.5&lt;/span&gt;) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,764,199 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,734,113 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 105.3 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2023 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Debentures &#x2013; CRA (f&lt;span style="border-left: none; border-right: none;"&gt;.2&lt;/span&gt;, f&lt;span style="border-left: none; border-right: none;"&gt;.4&lt;/span&gt;, f&lt;span style="border-left: none; border-right: none;"&gt;.6&lt;/span&gt; and f&lt;span style="border-left: none; border-right: none;"&gt;.10&lt;/span&gt;) (*)&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,940,237 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,000,824 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; IPCA &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 4.7 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2024 to 2028 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Debentures &#x2013; Ipiranga (f&lt;span style="border-left: none; border-right: none;"&gt;.1&lt;/span&gt; and f&lt;span style="border-left: none; border-right: none;"&gt;.3&lt;/span&gt;) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 771,538 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,679,036 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 105.0 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2022 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 16px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 16px; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Debentures &#x2013; Ultracargo Log&#xed;stica and Tequimar Vila do Conde (f&lt;span style="border-left: none; border-right: none;"&gt;.8&lt;/span&gt; and f&lt;span style="border-left: none; border-right: none;"&gt;.9&lt;/span&gt;) (*) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 16px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 466,061 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 16px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 16px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 16px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 16px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 16px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 16px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; IPCA &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 16px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 4.1 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 16px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2028 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Banco do Brasil (e) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 204,813 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 407,420 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 110.9 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2022 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Debentures &#x2013; Ultracargo Log&#xed;stica (f&lt;span style="border-left: none; border-right: none;"&gt;.7&lt;/span&gt;) (*) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 80,946 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 92,541 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; R$ &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 6.5 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2024 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Bank Credit Bill &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 51,179 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 50,692 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; R$ + DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2.0 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2022 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Financial institutions (d) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 4,564 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; R$ &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2022 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; FINEP &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 326 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 29,803 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &lt;span style="border-right: none; border-left: none;"&gt;TJLP&lt;span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;&#160;(&lt;/span&gt;&lt;span style="border-left: none; border-right: none;"&gt;3&lt;/span&gt;&lt;span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;)&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1.5) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2022 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Notes - Ultrapar (g&lt;span style="border-left: none; border-right: none;"&gt;.1&lt;/span&gt;) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,038,499 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; R$ + DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total in Brazilian Reais &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 7,347,651 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 8,070,530 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 18px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total foreign currency and Brazilian Reais &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 16,180,466 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 17,259,057 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 18px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Currency and interest rate hedging instruments (**) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &lt;span style="border-right: none; border-left: none;"&gt;197,177&lt;/span&gt; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 117,159 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom: 2.8pt double #000000; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 16,377,643 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 17,376,216 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 18px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,866,051 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,255,944 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 35.6275%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Non-current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 13,511,592 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.01215%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 14,120,272 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.31579%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9433%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;(*) &lt;span style="border-right: none; border-left: none;"&gt;These transactions were designated for hedge accounting (see Note &lt;span style="border-left: none; border-right: none;"&gt;33&lt;/span&gt;.h).&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;(**) &lt;span style="border-right: none; border-left: none;"&gt;Accumulated losses (see Note &lt;span style="border-left: none; border-right: none;"&gt;33&lt;/span&gt;.i).&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&#160;&#160;&lt;/span&gt;&lt;span style="border-right: none; border-left: none;"&gt;&lt;span style="border-right: none; border-left: none;"&gt;&lt;span style="border-left: none; border-right: none;"&gt;LIBOR&lt;/span&gt; = London Interbank Offered Rate.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt 0pt 0pt 14.2pt; text-align: justify; text-indent: -14.2pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;"&gt;&lt;sup&gt;&lt;span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(2)&lt;/span&gt;&lt;/sup&gt; &#160;&lt;/span&gt;&lt;span style="border-right: none; border-left: none;"&gt;&lt;span style="border-right: none; border-left: none;"&gt;MX$ = Mexican Peso.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt 0pt 0pt 14.2pt; text-align: justify; text-indent: -14.2pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;"&gt;&lt;sup&gt;&lt;span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(3)&lt;/span&gt;&lt;/sup&gt; &#160;&lt;/span&gt;&lt;span style="border-right: none; border-left: none;"&gt;&lt;span style="border-right: none; border-left: none;"&gt;&lt;span style="border-right: none; border-left: none;"&gt;TJLP (Long-term Interest Rate) = set by the National Monetary Council, TJLP is the basic financing cost of Banco Nacional de Desenvolvimento Econ&#xf4;mico e Social (&#x201c;BNDES&#x201d;), the Brazilian Development Bank. On December 31, 2021, TJLP was fixed at &lt;/span&gt;&lt;/span&gt;&lt;span style="border-left: none; border-right: none;"&gt;&lt;span style="border-right: none; border-left: none;"&gt;5.32&lt;/span&gt;&lt;/span&gt;&lt;span style="border-right: none; border-left: none;"&gt;&lt;span style="border-right: none; border-left: none;"&gt;&#160; % p.a.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
</ifrs-full:DisclosureOfDetailedInformationAboutBorrowingsExplanatory>
    <ugp:LoanDescription contextRef="D20201231_Loan1Member" id="Tag7931">Notes in the foreign market</ugp:LoanDescription>
    <ugp:LoanDescription contextRef="D20211231_Loan1Member" id="Tag6851">Notes in the foreign market</ugp:LoanDescription>
    <ugp:ForeignCurrencyDenominatedLoans
      contextRef="I20211231_Loan1Member"
      decimals="-3"
      id="Tag4248"
      unitRef="BRL">7821441000</ugp:ForeignCurrencyDenominatedLoans>
    <ugp:ForeignCurrencyDenominatedLoans
      contextRef="I20201231_Loan1Member"
      decimals="-3"
      id="Tag4555"
      unitRef="BRL">7267687000</ugp:ForeignCurrencyDenominatedLoans>
    <ugp:LoanIndexCurrency contextRef="D20201231_Loan1Member" id="Tag7972">US$</ugp:LoanIndexCurrency>
    <ugp:LoanIndexCurrency contextRef="D20211231_Loan1Member" id="Tag60">US$</ugp:LoanIndexCurrency>
    <ifrs-full:BorrowingsInterestRate
      contextRef="I20201231_Loan1Member"
      decimals="3"
      id="Tag7991"
      unitRef="Pure">0.053</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:BorrowingsInterestRate
      contextRef="I20211231_Loan1Member"
      decimals="3"
      id="Tag4482"
      unitRef="Pure">0.053</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:BorrowingsMaturity contextRef="D20201231_Loan1Member" id="Tag7980">2026 to 2029</ifrs-full:BorrowingsMaturity>
    <ifrs-full:BorrowingsMaturity contextRef="D20211231_Loan1Member" id="Tag4458">2026 to 2029</ifrs-full:BorrowingsMaturity>
    <ugp:LoanDescription contextRef="D20201231_Loan2Member" id="Tag7933">Foreign loan</ugp:LoanDescription>
    <ugp:LoanDescription contextRef="D20211231_Loan2Member" id="Tag108">Foreign loan</ugp:LoanDescription>
    <ugp:ForeignCurrencyDenominatedLoans
      contextRef="I20211231_Loan2Member"
      decimals="-3"
      id="Tag4032"
      unitRef="BRL">735438000</ugp:ForeignCurrencyDenominatedLoans>
    <ugp:ForeignCurrencyDenominatedLoans
      contextRef="I20201231_Loan2Member"
      decimals="-3"
      id="Tag3709"
      unitRef="BRL">1047644000</ugp:ForeignCurrencyDenominatedLoans>
    <ugp:LoanIndexCurrency contextRef="D20201231_Loan2Member" id="Tag7971">US$</ugp:LoanIndexCurrency>
    <ugp:LoanIndexCurrency contextRef="D20211231_Loan2Member" id="Tag7030">US$</ugp:LoanIndexCurrency>
    <ifrs-full:BorrowingsInterestRate
      contextRef="I20201231_Loan2Member"
      decimals="3"
      id="Tag7992"
      unitRef="Pure">0.04</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:BorrowingsInterestRate
      contextRef="I20211231_Loan2Member"
      decimals="3"
      id="Tag103"
      unitRef="Pure">0.04</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:BorrowingsMaturity contextRef="D20201231_Loan2Member" id="Tag7982">2023</ifrs-full:BorrowingsMaturity>
    <ifrs-full:BorrowingsMaturity contextRef="D20211231_Loan2Member" id="Tag4069">2023</ifrs-full:BorrowingsMaturity>
    <ugp:LoanDescription contextRef="D20201231_Loan3Member" id="Tag7935">Foreign loan</ugp:LoanDescription>
    <ugp:LoanDescription contextRef="D20211231_Loan3Member" id="Tag209">Foreign loan</ugp:LoanDescription>
    <ugp:ForeignCurrencyDenominatedLoans
      contextRef="I20211231_Loan3Member"
      decimals="-3"
      id="Tag4041"
      unitRef="BRL">275936000</ugp:ForeignCurrencyDenominatedLoans>
    <ugp:ForeignCurrencyDenominatedLoans
      contextRef="I20201231_Loan3Member"
      decimals="-3"
      id="Tag4424"
      unitRef="BRL">261284000</ugp:ForeignCurrencyDenominatedLoans>
    <ugp:LoanIndexCurrency contextRef="D20201231_Loan3Member" id="Tag7928">US$ + LIBOR</ugp:LoanIndexCurrency>
    <ugp:LoanIndexCurrency contextRef="D20211231_Loan3Member" id="Tag104">US$ + LIBOR</ugp:LoanIndexCurrency>
    <ifrs-full:BorrowingsInterestRate
      contextRef="I20201231_Loan3Member"
      decimals="3"
      id="Tag7993"
      unitRef="Pure">0.01</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:BorrowingsInterestRate
      contextRef="I20211231_Loan3Member"
      decimals="3"
      id="Tag6842"
      unitRef="Pure">0.01</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:BorrowingsMaturity contextRef="D20201231_Loan3Member" id="Tag7983">2022</ifrs-full:BorrowingsMaturity>
    <ifrs-full:BorrowingsMaturity contextRef="D20211231_Loan3Member" id="Tag4207">2022</ifrs-full:BorrowingsMaturity>
    <ugp:LoanDescription contextRef="D20201231_Loan4Member" id="Tag7939">Financial institutions</ugp:LoanDescription>
    <ugp:LoanDescription contextRef="D20211231_Loan4Member" id="Tag4048">Financial institutions</ugp:LoanDescription>
    <ugp:ForeignCurrencyDenominatedLoans
      contextRef="I20211231_Loan4Member"
      decimals="-3"
      id="Tag3932"
      unitRef="BRL">0</ugp:ForeignCurrencyDenominatedLoans>
    <ugp:ForeignCurrencyDenominatedLoans
      contextRef="I20201231_Loan4Member"
      decimals="-3"
      id="Tag4293"
      unitRef="BRL">154783000</ugp:ForeignCurrencyDenominatedLoans>
    <ugp:LoanIndexCurrency contextRef="D20201231_Loan4Member" id="Tag7955">US$</ugp:LoanIndexCurrency>
    <ugp:LoanIndexCurrency contextRef="D20211231_Loan4Member" id="Tag4158">US$</ugp:LoanIndexCurrency>
    <ifrs-full:BorrowingsInterestRate
      contextRef="I20201231_Loan4Member"
      decimals="2"
      id="Tag7956"
      unitRef="Pure">0</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:BorrowingsInterestRate
      contextRef="I20211231_Loan4Member"
      decimals="2"
      id="Tag61"
      unitRef="Pure">0</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:BorrowingsMaturity contextRef="D20201231_Loan4Member" id="Tag7929">2022</ifrs-full:BorrowingsMaturity>
    <ifrs-full:BorrowingsMaturity contextRef="D20211231_Loan4Member" id="Tag106">2022</ifrs-full:BorrowingsMaturity>
    <ugp:LoanDescription contextRef="D20201231_Loan5Member" id="Tag7940">Financial institutions</ugp:LoanDescription>
    <ugp:LoanDescription contextRef="D20211231_Loan5Member" id="Tag3929">Financial institutions</ugp:LoanDescription>
    <ugp:ForeignCurrencyDenominatedLoans
      contextRef="I20211231_Loan5Member"
      decimals="-3"
      id="Tag6832"
      unitRef="BRL">0</ugp:ForeignCurrencyDenominatedLoans>
    <ugp:ForeignCurrencyDenominatedLoans
      contextRef="I20201231_Loan5Member"
      decimals="-3"
      id="Tag4034"
      unitRef="BRL">39350000</ugp:ForeignCurrencyDenominatedLoans>
    <ugp:LoanIndexCurrency contextRef="D20201231_Loan5Member" id="Tag7954">MX$</ugp:LoanIndexCurrency>
    <ugp:LoanIndexCurrency contextRef="D20211231_Loan5Member" id="Tag7029">MX$</ugp:LoanIndexCurrency>
    <ifrs-full:BorrowingsInterestRate
      contextRef="I20201231_Loan5Member"
      decimals="2"
      id="Tag7957"
      unitRef="Pure">0</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:BorrowingsInterestRate
      contextRef="I20211231_Loan5Member"
      decimals="2"
      id="Tag6834"
      unitRef="Pure">0</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:BorrowingsMaturity contextRef="D20201231_Loan5Member" id="Tag7930">2021</ifrs-full:BorrowingsMaturity>
    <ifrs-full:BorrowingsMaturity contextRef="D20211231_Loan5Member" id="Tag4029">2021</ifrs-full:BorrowingsMaturity>
    <ugp:LoanDescription contextRef="D20201231_Loan6Member" id="Tag7977">Financial institutions</ugp:LoanDescription>
    <ugp:LoanDescription contextRef="D20211231_Loan6Member" id="Tag3919">Financial institutions</ugp:LoanDescription>
    <ugp:ForeignCurrencyDenominatedLoans
      contextRef="I20211231_Loan6Member"
      decimals="-3"
      id="Tag4038"
      unitRef="BRL">0</ugp:ForeignCurrencyDenominatedLoans>
    <ugp:ForeignCurrencyDenominatedLoans
      contextRef="I20201231_Loan6Member"
      decimals="-3"
      id="Tag4434"
      unitRef="BRL">312200000</ugp:ForeignCurrencyDenominatedLoans>
    <ugp:LoanIndexCurrency contextRef="D20201231_Loan6Member" id="Tag7953">US$ + LIBOR</ugp:LoanIndexCurrency>
    <ugp:LoanIndexCurrency contextRef="D20211231_Loan6Member" id="Tag55">US$ + LIBOR</ugp:LoanIndexCurrency>
    <ifrs-full:BorrowingsInterestRate
      contextRef="I20201231_Loan6Member"
      decimals="2"
      id="Tag7958"
      unitRef="Pure">0</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:BorrowingsInterestRate
      contextRef="I20211231_Loan6Member"
      decimals="2"
      id="Tag4406"
      unitRef="Pure">0</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:BorrowingsMaturity contextRef="D20201231_Loan6Member" id="Tag7932">2021</ifrs-full:BorrowingsMaturity>
    <ifrs-full:BorrowingsMaturity contextRef="D20211231_Loan6Member" id="Tag3978">2021</ifrs-full:BorrowingsMaturity>
    <ugp:LoanDescription contextRef="D20201231_Loan7Member" id="Tag7979">Advances on foreign exchange contracts</ugp:LoanDescription>
    <ugp:LoanDescription contextRef="D20211231_Loan7Member" id="Tag6847">Advances on foreign exchange contracts</ugp:LoanDescription>
    <ugp:ForeignCurrencyDenominatedLoans
      contextRef="I20211231_Loan7Member"
      decimals="-3"
      id="Tag3987"
      unitRef="BRL">0</ugp:ForeignCurrencyDenominatedLoans>
    <ugp:ForeignCurrencyDenominatedLoans
      contextRef="I20201231_Loan7Member"
      decimals="-3"
      id="Tag4131"
      unitRef="BRL">105579000</ugp:ForeignCurrencyDenominatedLoans>
    <ugp:LoanIndexCurrency contextRef="D20201231_Loan7Member" id="Tag7952">US$</ugp:LoanIndexCurrency>
    <ugp:LoanIndexCurrency contextRef="D20211231_Loan7Member" id="Tag3935">US$</ugp:LoanIndexCurrency>
    <ifrs-full:BorrowingsInterestRate
      contextRef="I20201231_Loan7Member"
      decimals="2"
      id="Tag7959"
      unitRef="Pure">0</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:BorrowingsInterestRate
      contextRef="I20211231_Loan7Member"
      decimals="2"
      id="Tag6857"
      unitRef="Pure">0</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:BorrowingsMaturity contextRef="D20201231_Loan7Member" id="Tag7934">2021</ifrs-full:BorrowingsMaturity>
    <ifrs-full:BorrowingsMaturity contextRef="D20211231_Loan7Member" id="Tag4254">2021</ifrs-full:BorrowingsMaturity>
    <ugp:ForeignCurrencyDenominatedLoans
      contextRef="I20211231"
      decimals="-3"
      id="Tag4179"
      unitRef="BRL">8832815000</ugp:ForeignCurrencyDenominatedLoans>
    <ugp:ForeignCurrencyDenominatedLoans
      contextRef="I20201231"
      decimals="-3"
      id="Tag3920"
      unitRef="BRL">9188527000</ugp:ForeignCurrencyDenominatedLoans>
    <ugp:LoanDescription contextRef="D20201231_Loan8Member" id="Tag7981">Debentures &#x2013; CRA</ugp:LoanDescription>
    <ugp:LoanDescription contextRef="D20211231_Loan8Member" id="Tag4550">Debentures &#x2013; CRA</ugp:LoanDescription>
    <ugp:BrazilianRealDenominatedLoans
      contextRef="I20211231_Loan8Member"
      decimals="-3"
      id="Tag7038"
      unitRef="BRL">2063788000</ugp:BrazilianRealDenominatedLoans>
    <ugp:BrazilianRealDenominatedLoans
      contextRef="I20201231_Loan8Member"
      decimals="-3"
      id="Tag4247"
      unitRef="BRL">2037602000</ugp:BrazilianRealDenominatedLoans>
    <ugp:LoanIndexCurrency contextRef="D20201231_Loan8Member" id="Tag7951">DI</ugp:LoanIndexCurrency>
    <ugp:LoanIndexCurrency contextRef="D20211231_Loan8Member" id="Tag4271">DI</ugp:LoanIndexCurrency>
    <ifrs-full:BorrowingsInterestRate
      contextRef="I20201231_Loan8Member"
      decimals="3"
      id="Tag7961"
      unitRef="Pure">0.958</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:BorrowingsInterestRate
      contextRef="I20211231_Loan8Member"
      decimals="3"
      id="Tag4218"
      unitRef="Pure">0.958</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:BorrowingsMaturity contextRef="D20201231_Loan8Member" id="Tag7941">2022 to 2023</ifrs-full:BorrowingsMaturity>
    <ifrs-full:BorrowingsMaturity contextRef="D20211231_Loan8Member" id="Tag4233">2022 to 2023</ifrs-full:BorrowingsMaturity>
    <ugp:LoanDescription contextRef="D20201231_Loan9Member" id="Tag7987">Debentures &#x2013; 6</ugp:LoanDescription>
    <ugp:LoanDescription contextRef="D20211231_Loan9Member" id="Tag4170">Debentures &#x2013; 6</ugp:LoanDescription>
    <ugp:BrazilianRealDenominatedLoans
      contextRef="I20211231_Loan9Member"
      decimals="-3"
      id="Tag4204"
      unitRef="BRL">1764199000</ugp:BrazilianRealDenominatedLoans>
    <ugp:BrazilianRealDenominatedLoans
      contextRef="I20201231_Loan9Member"
      decimals="-3"
      id="Tag4402"
      unitRef="BRL">1734113000</ugp:BrazilianRealDenominatedLoans>
    <ugp:LoanIndexCurrency contextRef="D20201231_Loan9Member" id="Tag7950">DI</ugp:LoanIndexCurrency>
    <ugp:LoanIndexCurrency contextRef="D20211231_Loan9Member" id="Tag4075">DI</ugp:LoanIndexCurrency>
    <ifrs-full:BorrowingsInterestRate
      contextRef="I20201231_Loan9Member"
      decimals="3"
      id="Tag7963"
      unitRef="Pure">1.053</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:BorrowingsInterestRate
      contextRef="I20211231_Loan9Member"
      decimals="3"
      id="Tag128"
      unitRef="Pure">1.053</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:BorrowingsMaturity contextRef="D20201231_Loan9Member" id="Tag7942">2023</ifrs-full:BorrowingsMaturity>
    <ifrs-full:BorrowingsMaturity contextRef="D20211231_Loan9Member" id="Tag4294">2023</ifrs-full:BorrowingsMaturity>
    <ugp:LoanDescription contextRef="D20201231_Loan10Member" id="Tag7936">Debentures &#x2013; CRA</ugp:LoanDescription>
    <ugp:LoanDescription contextRef="D20211231_Loan10Member" id="Tag4051">Debentures &#x2013; CRA</ugp:LoanDescription>
    <ugp:BrazilianRealDenominatedLoans
      contextRef="I20211231_Loan10Member"
      decimals="-3"
      id="Tag6810"
      unitRef="BRL">1940237000</ugp:BrazilianRealDenominatedLoans>
    <ugp:BrazilianRealDenominatedLoans
      contextRef="I20201231_Loan10Member"
      decimals="-3"
      id="Tag4409"
      unitRef="BRL">1000824000</ugp:BrazilianRealDenominatedLoans>
    <ugp:LoanIndexCurrency contextRef="D20201231_Loan10Member" id="Tag7964">IPCA</ugp:LoanIndexCurrency>
    <ugp:LoanIndexCurrency contextRef="D20211231_Loan10Member" id="Tag4300">IPCA</ugp:LoanIndexCurrency>
    <ifrs-full:BorrowingsInterestRate
      contextRef="I20201231_Loan10Member"
      decimals="3"
      id="Tag7994"
      unitRef="Pure">0.047</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:BorrowingsInterestRate
      contextRef="I20211231_Loan10Member"
      decimals="3"
      id="Tag4200"
      unitRef="Pure">0.047</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:BorrowingsMaturity contextRef="D20201231_Loan10Member" id="Tag7984">2024 to 2028</ifrs-full:BorrowingsMaturity>
    <ifrs-full:BorrowingsMaturity contextRef="D20211231_Loan10Member" id="Tag4150">2024 to 2028</ifrs-full:BorrowingsMaturity>
    <ugp:LoanDescription contextRef="D20201231_Loan11Member" id="Tag7988">Debentures &#x2013; Ipiranga</ugp:LoanDescription>
    <ugp:LoanDescription contextRef="D20211231_Loan11Member" id="Tag3930">Debentures &#x2013; Ipiranga</ugp:LoanDescription>
    <ugp:BrazilianRealDenominatedLoans
      contextRef="I20211231_Loan11Member"
      decimals="-3"
      id="Tag1638"
      unitRef="BRL">771538000</ugp:BrazilianRealDenominatedLoans>
    <ugp:BrazilianRealDenominatedLoans
      contextRef="I20201231_Loan11Member"
      decimals="-3"
      id="Tag107"
      unitRef="BRL">1679036000</ugp:BrazilianRealDenominatedLoans>
    <ugp:LoanIndexCurrency contextRef="D20201231_Loan11Member" id="Tag7949">DI</ugp:LoanIndexCurrency>
    <ugp:LoanIndexCurrency contextRef="D20211231_Loan11Member" id="Tag4259">DI</ugp:LoanIndexCurrency>
    <ifrs-full:BorrowingsInterestRate
      contextRef="I20201231_Loan11Member"
      decimals="3"
      id="Tag7965"
      unitRef="Pure">1.05</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:BorrowingsInterestRate
      contextRef="I20211231_Loan11Member"
      decimals="3"
      id="Tag4540"
      unitRef="Pure">1.05</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:BorrowingsMaturity contextRef="D20201231_Loan11Member" id="Tag7943">2022</ifrs-full:BorrowingsMaturity>
    <ifrs-full:BorrowingsMaturity contextRef="D20211231_Loan11Member" id="Tag4214">2022</ifrs-full:BorrowingsMaturity>
    <ugp:LoanDescription contextRef="D20201231_Loan12Member" id="Tag7937">Debentures &#x2013; Ultracargo Log&#xed;stica and Tequimar Vila do Conde</ugp:LoanDescription>
    <ugp:LoanDescription contextRef="D20211231_Loan12Member" id="Tag4297">Debentures &#x2013; Ultracargo Log&#xed;stica and Tequimar Vila do Conde</ugp:LoanDescription>
    <ugp:BrazilianRealDenominatedLoans
      contextRef="I20211231_Loan12Member"
      decimals="-3"
      id="Tag6843"
      unitRef="BRL">466061000</ugp:BrazilianRealDenominatedLoans>
    <ugp:BrazilianRealDenominatedLoans
      contextRef="I20201231_Loan12Member"
      decimals="-3"
      id="Tag125"
      unitRef="BRL">0</ugp:BrazilianRealDenominatedLoans>
    <ugp:LoanIndexCurrency contextRef="D20201231_Loan12Member" id="Tag7962">IPCA</ugp:LoanIndexCurrency>
    <ugp:LoanIndexCurrency contextRef="D20211231_Loan12Member" id="Tag6856">IPCA</ugp:LoanIndexCurrency>
    <ifrs-full:BorrowingsInterestRate
      contextRef="I20201231_Loan12Member"
      decimals="3"
      id="Tag7995"
      unitRef="Pure">0.041</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:BorrowingsInterestRate
      contextRef="I20211231_Loan12Member"
      decimals="3"
      id="Tag4439"
      unitRef="Pure">0.041</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:BorrowingsMaturity contextRef="D20201231_Loan12Member" id="Tag7985">2028</ifrs-full:BorrowingsMaturity>
    <ifrs-full:BorrowingsMaturity contextRef="D20211231_Loan12Member" id="Tag6846">2028</ifrs-full:BorrowingsMaturity>
    <ugp:LoanDescription contextRef="D20201231_Loan13Member" id="Tag7989">Banco do Brasil</ugp:LoanDescription>
    <ugp:LoanDescription contextRef="D20211231_Loan13Member" id="Tag4049">Banco do Brasil</ugp:LoanDescription>
    <ugp:BrazilianRealDenominatedLoans
      contextRef="I20211231_Loan13Member"
      decimals="-3"
      id="Tag4209"
      unitRef="BRL">204813000</ugp:BrazilianRealDenominatedLoans>
    <ugp:BrazilianRealDenominatedLoans
      contextRef="I20201231_Loan13Member"
      decimals="-3"
      id="Tag4162"
      unitRef="BRL">407420000</ugp:BrazilianRealDenominatedLoans>
    <ugp:LoanIndexCurrency contextRef="D20201231_Loan13Member" id="Tag7948">DI</ugp:LoanIndexCurrency>
    <ugp:LoanIndexCurrency contextRef="D20211231_Loan13Member" id="Tag4210">DI</ugp:LoanIndexCurrency>
    <ifrs-full:BorrowingsInterestRate
      contextRef="I20201231_Loan13Member"
      decimals="3"
      id="Tag7966"
      unitRef="Pure">1.109</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:BorrowingsInterestRate
      contextRef="I20211231_Loan13Member"
      decimals="3"
      id="Tag4174"
      unitRef="Pure">1.109</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:BorrowingsMaturity contextRef="D20201231_Loan13Member" id="Tag7973">2022</ifrs-full:BorrowingsMaturity>
    <ifrs-full:BorrowingsMaturity contextRef="D20211231_Loan13Member" id="Tag4086">2022</ifrs-full:BorrowingsMaturity>
    <ugp:LoanDescription contextRef="D20201231_Loan14Member" id="Tag7938">Debentures &#x2013; Ultracargo Log&#xed;stica</ugp:LoanDescription>
    <ugp:LoanDescription contextRef="D20211231_Loan14Member" id="Tag4050">Debentures &#x2013; Ultracargo Log&#xed;stica</ugp:LoanDescription>
    <ugp:BrazilianRealDenominatedLoans
      contextRef="I20211231_Loan14Member"
      decimals="-3"
      id="Tag3708"
      unitRef="BRL">80946000</ugp:BrazilianRealDenominatedLoans>
    <ugp:BrazilianRealDenominatedLoans
      contextRef="I20201231_Loan14Member"
      decimals="-3"
      id="Tag4068"
      unitRef="BRL">92541000</ugp:BrazilianRealDenominatedLoans>
    <ugp:LoanIndexCurrency contextRef="D20201231_Loan14Member" id="Tag7960">R$</ugp:LoanIndexCurrency>
    <ugp:LoanIndexCurrency contextRef="D20211231_Loan14Member" id="Tag4257">R$</ugp:LoanIndexCurrency>
    <ifrs-full:BorrowingsInterestRate
      contextRef="I20201231_Loan14Member"
      decimals="3"
      id="Tag7996"
      unitRef="Pure">0.065</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:BorrowingsInterestRate
      contextRef="I20211231_Loan14Member"
      decimals="3"
      id="Tag6821"
      unitRef="Pure">0.065</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:BorrowingsMaturity contextRef="D20201231_Loan14Member" id="Tag7986">2024</ifrs-full:BorrowingsMaturity>
    <ifrs-full:BorrowingsMaturity contextRef="D20211231_Loan14Member" id="Tag3992">2024</ifrs-full:BorrowingsMaturity>
    <ugp:LoanDescription contextRef="D20201231_Loan15Member" id="Tag7990">Bank Credit Bill</ugp:LoanDescription>
    <ugp:LoanDescription contextRef="D20211231_Loan15Member" id="Tag3977">Bank Credit Bill</ugp:LoanDescription>
    <ugp:BrazilianRealDenominatedLoans
      contextRef="I20211231_Loan15Member"
      decimals="-3"
      id="Tag4415"
      unitRef="BRL">51179000</ugp:BrazilianRealDenominatedLoans>
    <ugp:BrazilianRealDenominatedLoans
      contextRef="I20201231_Loan15Member"
      decimals="-3"
      id="Tag40"
      unitRef="BRL">50692000</ugp:BrazilianRealDenominatedLoans>
    <ugp:LoanIndexCurrency contextRef="D20201231_Loan15Member" id="Tag7947">R$ + DI</ugp:LoanIndexCurrency>
    <ugp:LoanIndexCurrency contextRef="D20211231_Loan15Member" id="Tag4205">R$ + DI</ugp:LoanIndexCurrency>
    <ifrs-full:BorrowingsInterestRate
      contextRef="I20201231_Loan15Member"
      decimals="3"
      id="Tag7967"
      unitRef="Pure">0.02</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:BorrowingsInterestRate
      contextRef="I20211231_Loan15Member"
      decimals="3"
      id="Tag4169"
      unitRef="Pure">0.02</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:BorrowingsMaturity contextRef="D20201231_Loan15Member" id="Tag7974">2022</ifrs-full:BorrowingsMaturity>
    <ifrs-full:BorrowingsMaturity contextRef="D20211231_Loan15Member" id="Tag3836">2022</ifrs-full:BorrowingsMaturity>
    <ugp:LoanDescription contextRef="D20201231_Loan16Member" id="Tag7997">Financial institutions</ugp:LoanDescription>
    <ugp:LoanDescription contextRef="D20211231_Loan16Member" id="Tag6814">Financial institutions</ugp:LoanDescription>
    <ugp:BrazilianRealDenominatedLoans
      contextRef="I20211231_Loan16Member"
      decimals="-3"
      id="Tag4407"
      unitRef="BRL">4564000</ugp:BrazilianRealDenominatedLoans>
    <ugp:BrazilianRealDenominatedLoans
      contextRef="I20201231_Loan16Member"
      decimals="-3"
      id="Tag2141"
      unitRef="BRL">0</ugp:BrazilianRealDenominatedLoans>
    <ugp:LoanIndexCurrency contextRef="D20201231_Loan16Member" id="Tag7946">R$</ugp:LoanIndexCurrency>
    <ugp:LoanIndexCurrency contextRef="D20211231_Loan16Member" id="Tag4290">R$</ugp:LoanIndexCurrency>
    <ifrs-full:BorrowingsInterestRate
      contextRef="I20201231_Loan16Member"
      decimals="2"
      id="Tag7968"
      unitRef="Pure">0</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:BorrowingsInterestRate
      contextRef="I20211231_Loan16Member"
      decimals="2"
      id="Tag3711"
      unitRef="Pure">0</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:BorrowingsMaturity contextRef="D20201231_Loan16Member" id="Tag7975">2022</ifrs-full:BorrowingsMaturity>
    <ifrs-full:BorrowingsMaturity contextRef="D20211231_Loan16Member" id="Tag6839">2022</ifrs-full:BorrowingsMaturity>
    <ugp:LoanDescription contextRef="D20201231_Loan17Member" id="Tag7998">FINEP</ugp:LoanDescription>
    <ugp:LoanDescription contextRef="D20211231_Loan17Member" id="Tag4197">FINEP</ugp:LoanDescription>
    <ugp:BrazilianRealDenominatedLoans
      contextRef="I20211231_Loan17Member"
      decimals="-3"
      id="Tag4553"
      unitRef="BRL">326000</ugp:BrazilianRealDenominatedLoans>
    <ugp:BrazilianRealDenominatedLoans
      contextRef="I20201231_Loan17Member"
      decimals="-3"
      id="Tag1640"
      unitRef="BRL">29803000</ugp:BrazilianRealDenominatedLoans>
    <ugp:LoanIndexCurrency contextRef="D20201231_Loan17Member" id="Tag7945">TJLP</ugp:LoanIndexCurrency>
    <ugp:LoanIndexCurrency contextRef="D20211231_Loan17Member" id="Tag3706">TJLP</ugp:LoanIndexCurrency>
    <ifrs-full:BorrowingsInterestRate
      contextRef="I20201231_Loan17Member"
      decimals="3"
      id="Tag7969"
      unitRef="Pure">-0.015</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:BorrowingsInterestRate
      contextRef="I20211231_Loan17Member"
      decimals="3"
      id="Tag4263"
      unitRef="Pure">0.015</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:BorrowingsMaturity contextRef="D20201231_Loan17Member" id="Tag7976">2022</ifrs-full:BorrowingsMaturity>
    <ifrs-full:BorrowingsMaturity contextRef="D20211231_Loan17Member" id="Tag6815">2022</ifrs-full:BorrowingsMaturity>
    <ugp:LoanDescription contextRef="D20201231_Loan18Member" id="Tag7999">Notes - Ultrapar</ugp:LoanDescription>
    <ugp:LoanDescription contextRef="D20211231_Loan18Member" id="Tag3865">Notes - Ultrapar</ugp:LoanDescription>
    <ugp:BrazilianRealDenominatedLoans
      contextRef="I20211231_Loan18Member"
      decimals="-3"
      id="Tag4260"
      unitRef="BRL">0</ugp:BrazilianRealDenominatedLoans>
    <ugp:BrazilianRealDenominatedLoans
      contextRef="I20201231_Loan18Member"
      decimals="-3"
      id="Tag4141"
      unitRef="BRL">1038499000</ugp:BrazilianRealDenominatedLoans>
    <ugp:LoanIndexCurrency contextRef="D20201231_Loan18Member" id="Tag7944">R$ + DI</ugp:LoanIndexCurrency>
    <ugp:LoanIndexCurrency contextRef="D20211231_Loan18Member" id="Tag4211">R$ + DI</ugp:LoanIndexCurrency>
    <ifrs-full:BorrowingsInterestRate
      contextRef="I20201231_Loan18Member"
      decimals="2"
      id="Tag7970"
      unitRef="Pure">0</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:BorrowingsInterestRate
      contextRef="I20211231_Loan18Member"
      decimals="2"
      id="Tag64"
      unitRef="Pure">0</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:BorrowingsMaturity contextRef="D20201231_Loan18Member" id="Tag7978">2021</ifrs-full:BorrowingsMaturity>
    <ifrs-full:BorrowingsMaturity contextRef="D20211231_Loan18Member" id="Tag4410">2021</ifrs-full:BorrowingsMaturity>
    <ugp:BrazilianRealDenominatedLoans
      contextRef="I20211231"
      decimals="-3"
      id="Tag4040"
      unitRef="BRL">7347651000</ugp:BrazilianRealDenominatedLoans>
    <ugp:BrazilianRealDenominatedLoans
      contextRef="I20201231"
      decimals="-3"
      id="Tag2142"
      unitRef="BRL">8070530000</ugp:BrazilianRealDenominatedLoans>
    <ifrs-full:LoansReceived
      contextRef="I20211231"
      decimals="-3"
      id="Tag4173"
      unitRef="BRL">16180466000</ifrs-full:LoansReceived>
    <ifrs-full:LoansReceived
      contextRef="I20201231"
      decimals="-3"
      id="Tag4289"
      unitRef="BRL">17259057000</ifrs-full:LoansReceived>
    <ifrs-full:DerivativeFinancialLiabilitiesHeldForHedging
      contextRef="I20211231"
      decimals="-3"
      id="Tag4230"
      unitRef="BRL">197177000</ifrs-full:DerivativeFinancialLiabilitiesHeldForHedging>
    <ifrs-full:DerivativeFinancialLiabilitiesHeldForHedging
      contextRef="I20201231"
      decimals="-3"
      id="Tag211"
      unitRef="BRL">117159000</ifrs-full:DerivativeFinancialLiabilitiesHeldForHedging>
    <ifrs-full:Borrowings
      contextRef="I20211231"
      decimals="-3"
      id="Tag4018"
      unitRef="BRL">16377643000</ifrs-full:Borrowings>
    <ifrs-full:Borrowings
      contextRef="I20201231"
      decimals="-3"
      id="Tag4252"
      unitRef="BRL">17376216000</ifrs-full:Borrowings>
    <ifrs-full:CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings
      contextRef="I20211231"
      decimals="-3"
      id="Tag6818"
      unitRef="BRL">2866051000</ifrs-full:CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings>
    <ifrs-full:CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings
      contextRef="I20201231"
      decimals="-3"
      id="Tag4135"
      unitRef="BRL">3255944000</ifrs-full:CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings>
    <ifrs-full:LongtermBorrowings
      contextRef="I20211231"
      decimals="-3"
      id="Tag5320"
      unitRef="BRL">13511592000</ifrs-full:LongtermBorrowings>
    <ifrs-full:LongtermBorrowings
      contextRef="I20201231"
      decimals="-3"
      id="Tag2145"
      unitRef="BRL">14120272000</ifrs-full:LongtermBorrowings>
    <ifrs-full:BorrowingsInterestRate
      contextRef="I20211231_FixedInterestRateMember"
      decimals="4"
      id="Tag4130"
      unitRef="Pure">0.0532</ifrs-full:BorrowingsInterestRate>
    <ugp:SummaryOfChangesInLoansDebenturesAndFinanceLeasesTableTextBlock contextRef="D20211231_3" id="Tag4147">
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The changes in loans, financing, debentures and hedge derivative financial instruments are shown below:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_87SDZ3NEAO00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 425px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 75%; margin-left: auto; margin-right: auto;" width="75%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 87%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Balance as of December 31, 2018 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 15,116,139 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; New loans and debentures with cash effect &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,105,737 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Interest accrued &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 845,844 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Principal payment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (2,644,704 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Interest payment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,469,780 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Monetary and exchange rate variation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 296,441 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Change in fair value &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 113,060 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Balance as of December 31, 2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 14,392,722 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; New loans and debentures with cash effect &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,591,624 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Interest accrued &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 757,161 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Principal payment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (2,795,002 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Interest payment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (740,853 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Monetary and exchange rate variation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,048,688 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Change in fair value &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 34,702 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Hedge result &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 87,174 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Balance as of December 31, 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 17,376,216 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; New loans and debentures with cash effect &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,462,220 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Interest accrued &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 801,102 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Principal payment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (2,922,214 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Interest payment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (749,043 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Monetary and exchange rate variation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 800,749 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Change in fair value &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (229,657 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Hedge result &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 80,018 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Reclassification to liabilities held for sale (i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (241,748 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Balance as of December 31, 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 16,377,643 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;(i) &lt;span style="border-right: none; border-left: none;"&gt;For further information, see Note &lt;span style="border-left: none; border-right: none;"&gt;3&lt;/span&gt;.c.&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
</ugp:SummaryOfChangesInLoansDebenturesAndFinanceLeasesTableTextBlock>
    <ifrs-full:Borrowings
      contextRef="I20181231"
      decimals="-3"
      id="Tag3713"
      unitRef="BRL">15116139000</ifrs-full:Borrowings>
    <ugp:AdditionsLoansAndDebenturesWithCashEffect
      contextRef="D20191231"
      decimals="-3"
      id="Tag4028"
      unitRef="BRL">2105737000</ugp:AdditionsLoansAndDebenturesWithCashEffect>
    <ugp:LoandsAndDebenturesInterestAccrued
      contextRef="D20191231"
      decimals="-3"
      id="Tag121"
      unitRef="BRL">845844000</ugp:LoandsAndDebenturesInterestAccrued>
    <ugp:PrincipalPaymentAndFinancialLeases
      contextRef="D20191231"
      decimals="-3"
      id="Tag4537"
      unitRef="BRL">2644704000</ugp:PrincipalPaymentAndFinancialLeases>
    <ugp:LoansAndDebenturesInterestPayment
      contextRef="D20191231"
      decimals="-3"
      id="Tag110"
      unitRef="BRL">1469780000</ugp:LoansAndDebenturesInterestPayment>
    <ugp:LoansAndDebenturesMonetaryAndExchangeRateVariation
      contextRef="D20191231"
      decimals="-3"
      id="Tag4279"
      unitRef="BRL">296441000</ugp:LoansAndDebenturesMonetaryAndExchangeRateVariation>
    <ugp:LoansAndDeBenturesChangeInFairValue
      contextRef="D20191231"
      decimals="-3"
      id="Tag1646"
      unitRef="BRL">113060000</ugp:LoansAndDeBenturesChangeInFairValue>
    <ifrs-full:Borrowings
      contextRef="I20191231"
      decimals="-3"
      id="Tag3985"
      unitRef="BRL">14392722000</ifrs-full:Borrowings>
    <ugp:AdditionsLoansAndDebenturesWithCashEffect
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag3707"
      unitRef="BRL">3591624000</ugp:AdditionsLoansAndDebenturesWithCashEffect>
    <ugp:LoandsAndDebenturesInterestAccrued
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag4295"
      unitRef="BRL">757161000</ugp:LoandsAndDebenturesInterestAccrued>
    <ugp:PrincipalPaymentAndFinancialLeases
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag3868"
      unitRef="BRL">2795002000</ugp:PrincipalPaymentAndFinancialLeases>
    <ugp:LoansAndDebenturesInterestPayment
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag4430"
      unitRef="BRL">740853000</ugp:LoansAndDebenturesInterestPayment>
    <ugp:LoansAndDebenturesMonetaryAndExchangeRateVariation
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag1645"
      unitRef="BRL">2048688000</ugp:LoansAndDebenturesMonetaryAndExchangeRateVariation>
    <ugp:LoansAndDeBenturesChangeInFairValue
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag4072"
      unitRef="BRL">34702000</ugp:LoansAndDeBenturesChangeInFairValue>
    <ugp:IncreaseDecreaseThroughNetHedgeDifferencesLoansAndBorrowings
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag4538"
      unitRef="BRL">87174000</ugp:IncreaseDecreaseThroughNetHedgeDifferencesLoansAndBorrowings>
    <ifrs-full:Borrowings
      contextRef="I20201231"
      decimals="-3"
      id="Tag4261"
      unitRef="BRL">17376216000</ifrs-full:Borrowings>
    <ugp:AdditionsLoansAndDebenturesWithCashEffect
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag6837"
      unitRef="BRL">1462220000</ugp:AdditionsLoansAndDebenturesWithCashEffect>
    <ugp:LoandsAndDebenturesInterestAccrued
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag4282"
      unitRef="BRL">801102000</ugp:LoandsAndDebenturesInterestAccrued>
    <ugp:PrincipalPaymentAndFinancialLeases
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag1642"
      unitRef="BRL">2922214000</ugp:PrincipalPaymentAndFinancialLeases>
    <ugp:LoansAndDebenturesInterestPayment
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag6813"
      unitRef="BRL">749043000</ugp:LoansAndDebenturesInterestPayment>
    <ugp:LoansAndDebenturesMonetaryAndExchangeRateVariation
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag3872"
      unitRef="BRL">800749000</ugp:LoansAndDebenturesMonetaryAndExchangeRateVariation>
    <ugp:LoansAndDeBenturesChangeInFairValue
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag4227"
      unitRef="BRL">-229657000</ugp:LoansAndDeBenturesChangeInFairValue>
    <ugp:IncreaseDecreaseThroughNetHedgeDifferencesLoansAndBorrowings
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag4172"
      unitRef="BRL">80018000</ugp:IncreaseDecreaseThroughNetHedgeDifferencesLoansAndBorrowings>
    <ugp:DecreaseThroughClassifiedAsHeldForSaleLoansAndBorrowings
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag4178"
      unitRef="BRL">241748000</ugp:DecreaseThroughClassifiedAsHeldForSaleLoansAndBorrowings>
    <ifrs-full:Borrowings
      contextRef="I20211231"
      decimals="-3"
      id="Tag4251"
      unitRef="BRL">16377643000</ifrs-full:Borrowings>
    <ugp:SummaryOfPrincipalMaturityScheduleTableTextBlock contextRef="D20211231_3" id="Tag3809">
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;The long-term&#160; debt had the following principal maturity schedule:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_5496HQ9ZZK00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 120px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 85%; margin-left: auto; margin-right: auto;" width="85%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.8963%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 12.0352%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 12.0352%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 0.978474%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.8963%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; From 1 to 2 years &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0352%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,092,734 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0352%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,702,626 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.8963%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; From 2 to 3 years &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0352%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 774,904 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0352%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,091,641 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.8963%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; From 3 to 4 years &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0352%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 270,401 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.978474%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.978474%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0352%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 784,778 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.978474%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.8963%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; From 4 to 5 years &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0352%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,056,499 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.0352%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 231,271 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.978474%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.8963%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; More than 5 years &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0352%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 6,317,054 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.978474%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.978474%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.0352%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 7,309,956 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.978474%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 72.8963%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 12.0352%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 13,511,592 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.978474%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.978474%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 12.0352%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 14,120,272 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 0.978474%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
</ugp:SummaryOfPrincipalMaturityScheduleTableTextBlock>
    <ifrs-full:LongtermBorrowings
      contextRef="I20211231_LaterThanOneYearAndNotLaterThanTwoYearsMember_4"
      decimals="-3"
      id="Tag4448"
      unitRef="BRL">3092734000</ifrs-full:LongtermBorrowings>
    <ifrs-full:LongtermBorrowings
      contextRef="I20201231_LaterThanOneYearAndNotLaterThanTwoYearsMember"
      decimals="-3"
      id="Tag3866"
      unitRef="BRL">2702626000</ifrs-full:LongtermBorrowings>
    <ifrs-full:LongtermBorrowings
      contextRef="I20211231_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_4"
      decimals="-3"
      id="Tag126"
      unitRef="BRL">774904000</ifrs-full:LongtermBorrowings>
    <ifrs-full:LongtermBorrowings
      contextRef="I20201231_LaterThanTwoYearsAndNotLaterThanThreeYearsMember"
      decimals="-3"
      id="Tag4285"
      unitRef="BRL">3091641000</ifrs-full:LongtermBorrowings>
    <ifrs-full:LongtermBorrowings
      contextRef="I20211231_LaterThanThreeYearsAndNotLaterThanFourYearsMember_1"
      decimals="-3"
      id="Tag254"
      unitRef="BRL">270401000</ifrs-full:LongtermBorrowings>
    <ifrs-full:LongtermBorrowings
      contextRef="I20201231_LaterThanThreeYearsAndNotLaterThanFourYearsMember"
      decimals="-3"
      id="Tag4556"
      unitRef="BRL">784778000</ifrs-full:LongtermBorrowings>
    <ifrs-full:LongtermBorrowings
      contextRef="I20211231_LaterThanFourYearsAndNotLaterThanFiveYearsMember_1"
      decimals="-3"
      id="Tag175"
      unitRef="BRL">3056499000</ifrs-full:LongtermBorrowings>
    <ifrs-full:LongtermBorrowings
      contextRef="I20201231_LaterThanFourYearsAndNotLaterThanFiveYearsMember"
      decimals="-3"
      id="Tag4064"
      unitRef="BRL">231271000</ifrs-full:LongtermBorrowings>
    <ifrs-full:LongtermBorrowings
      contextRef="I20211231_LaterThanFiveYearsMember_1"
      decimals="-3"
      id="Tag4401"
      unitRef="BRL">6317054000</ifrs-full:LongtermBorrowings>
    <ifrs-full:LongtermBorrowings
      contextRef="I20201231_LaterThanFiveYearsMember"
      decimals="-3"
      id="Tag4559"
      unitRef="BRL">7309956000</ifrs-full:LongtermBorrowings>
    <ifrs-full:LongtermBorrowings
      contextRef="I20211231"
      decimals="-3"
      id="Tag3697"
      unitRef="BRL">13511592000</ifrs-full:LongtermBorrowings>
    <ifrs-full:LongtermBorrowings
      contextRef="I20201231"
      decimals="-3"
      id="Tag4292"
      unitRef="BRL">14120272000</ifrs-full:LongtermBorrowings>
    <ifrs-full:NotesAndDebenturesIssued
      contextRef="I20161006_UltraparInternationalSAMember_1"
      decimals="-3"
      id="Tag4168"
      unitRef="USD">750000000</ifrs-full:NotesAndDebenturesIssued>
    <ifrs-full:NotesAndDebenturesIssued
      contextRef="I20161006_UltraparInternationalSAMember_1"
      decimals="-3"
      id="Tag4304"
      unitRef="BRL">4185375000</ifrs-full:NotesAndDebenturesIssued>
    <ifrs-full:BorrowingsMaturity
      contextRef="D20161006_UltraparInternationalSAMember_1"
      id="Tag4440">October 2026</ifrs-full:BorrowingsMaturity>
    <ifrs-full:BorrowingsInterestRate
      contextRef="I20161006_UltraparInternationalSAMember_1"
      decimals="4"
      id="Tag3704"
      unitRef="Pure">0.0525</ifrs-full:BorrowingsInterestRate>
    <ugp:BondsIssuePriceInPercentage
      contextRef="D20161006_UltraparInternationalSAMember_1"
      decimals="5"
      id="Tag4235"
      unitRef="Pure">0.98097</ugp:BondsIssuePriceInPercentage>
    <ifrs-full:NotesAndDebenturesIssued
      contextRef="I20190606_UltraparInternationalSAMember_1"
      decimals="-3"
      id="Tag3701"
      unitRef="USD">500000000</ifrs-full:NotesAndDebenturesIssued>
    <ifrs-full:NotesAndDebenturesIssued
      contextRef="I20190606_UltraparInternationalSAMember_1"
      decimals="-3"
      id="Tag4414"
      unitRef="BRL">2790250000</ifrs-full:NotesAndDebenturesIssued>
    <ifrs-full:BorrowingsMaturity
      contextRef="D20190606_UltraparInternationalSAMember_1"
      id="Tag2151">June 2029</ifrs-full:BorrowingsMaturity>
    <ifrs-full:BorrowingsInterestRate
      contextRef="I20190606_UltraparInternationalSAMember_1"
      decimals="4"
      id="Tag4268"
      unitRef="Pure">0.0525</ifrs-full:BorrowingsInterestRate>
    <ugp:BondsIssuePriceInPercentage
      contextRef="D20190606_UltraparInternationalSAMember_1"
      decimals="2"
      id="Tag1637"
      unitRef="Pure">1</ugp:BondsIssuePriceInPercentage>
    <ifrs-full:NotesAndDebenturesIssued
      contextRef="I20190621_UltraparInternationalSAMember_1"
      decimals="-3"
      id="Tag3864"
      unitRef="USD">200000000</ifrs-full:NotesAndDebenturesIssued>
    <ifrs-full:NotesAndDebenturesIssued
      contextRef="I20190621_UltraparInternationalSAMember_1"
      decimals="-3"
      id="Tag4256"
      unitRef="BRL">1116100000</ifrs-full:NotesAndDebenturesIssued>
    <ifrs-full:BorrowingsMaturity
      contextRef="D20190621_UltraparInternationalSAMember_1"
      id="Tag4066">October 2026</ifrs-full:BorrowingsMaturity>
    <ifrs-full:NotesAndDebenturesIssued
      contextRef="I20200713_UltraparInternationalSAMember_1"
      decimals="-3"
      id="Tag4037"
      unitRef="USD">350000000</ifrs-full:NotesAndDebenturesIssued>
    <ifrs-full:NotesAndDebenturesIssued
      contextRef="I20200713_UltraparInternationalSAMember_1"
      decimals="-3"
      id="Tag4070"
      unitRef="BRL">1953175000</ifrs-full:NotesAndDebenturesIssued>
    <ifrs-full:BorrowingsMaturity
      contextRef="D20200713_UltraparInternationalSAMember_1"
      id="Tag6828">June 2029</ifrs-full:BorrowingsMaturity>
    <ifrs-full:BorrowingsInterestRate
      contextRef="I20200713_UltraparInternationalSAMember_1"
      decimals="4"
      id="Tag4043"
      unitRef="Pure">0.0525</ifrs-full:BorrowingsInterestRate>
    <ugp:BondsIssuePriceInPercentage
      contextRef="D20200713_UltraparInternationalSAMember_1"
      decimals="5"
      id="Tag6854"
      unitRef="Pure">0.99994</ugp:BondsIssuePriceInPercentage>
    <ifrs-full:LiabilitiesToWhichSignificantRestrictionsApply
      contextRef="I20211231_RestrictedAssetsMember"
      decimals="-3"
      id="Tag1484"
      unitRef="USD">150000000</ifrs-full:LiabilitiesToWhichSignificantRestrictionsApply>
    <ifrs-full:LiabilitiesToWhichSignificantRestrictionsApply
      contextRef="I20211231_RestrictedAssetsMember"
      decimals="-3"
      id="Tag4265"
      unitRef="BRL">837075000</ifrs-full:LiabilitiesToWhichSignificantRestrictionsApply>
    <ugp:ValueOfAssetsPercentage
      contextRef="D20211231_RestrictedAssetsMember"
      decimals="2"
      id="Tag4167"
      unitRef="Pure">0.15</ugp:ValueOfAssetsPercentage>
    <ugp:ForeignCurrencyDenominatedLoans
      contextRef="I20211231_ForeignLoansMember_IpirangaProdutosdePetroleoSAMember"
      decimals="-3"
      id="Tag1641"
      unitRef="USD">175000000</ugp:ForeignCurrencyDenominatedLoans>
    <ugp:ForeignCurrencyDenominatedLoans
      contextRef="I20211231_ForeignLoansMember_IpirangaProdutosdePetroleoSAMember"
      decimals="-3"
      id="Tag6852"
      unitRef="BRL">976588000</ugp:ForeignCurrencyDenominatedLoans>
    <ifrs-full:BorrowingsInterestRateBasis
      contextRef="D20211231_IpirangaProdutosdePetroleoSAMember_ForeignLoansMember"
      id="Tag4274">104.9% of DI</ifrs-full:BorrowingsInterestRateBasis>
    <ugp:SummaryOfForeignLoanMaturityTableTextBlock contextRef="D20211231_3" id="Tag3811">
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;The foreign loans have the maturity distributed as follows:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_OMKLZX40SG00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 95px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 58.8454%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Maturity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9181%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; US$ &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.11732%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.931099%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.1043%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; R$ &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.931099%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.931099%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.1043%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Cost in % of DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.8622%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 58.8454%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;Charges &lt;span style="font-size: 8pt;"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff; width: 11.9181%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 6,234 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff; width: 1.11732%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff; width: 0.931099%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff; width: 12.1043%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 34,786 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff; width: 0.931099%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff; width: 0.931099%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff; width: 12.1043%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff; width: 1.8622%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 58.8454%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Jun/2022 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 11.9181%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 50,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11732%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.931099%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 12.1043%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 279,025 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.931099%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.931099%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 12.1043%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 105.0 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.8622%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 58.8454%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Sep/2023 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 11.9181%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 60,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.11732%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 0.931099%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 12.1043%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 334,830 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 0.931099%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 0.931099%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 12.1043%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 105.0 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.8622%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 58.8454%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Sep/2023 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 11.9181%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 65,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.11732%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.931099%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 12.1043%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 362,733 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.931099%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.931099%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 12.1043%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 104.8 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.8622%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 58.8454%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total / average cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 11.9181%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 181,234 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.11732%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 0.931099%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 12.1043%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,011,374 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 0.931099%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 0.931099%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 12.1043%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 104.9 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 1.8622%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;sup&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 6pt; vertical-align: super;"&gt; &lt;/span&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;sup&gt;&lt;sup&gt;&lt;span style="vertical-align: super;"&gt;(1)&lt;/span&gt;&lt;/sup&gt;&lt;/sup&gt; &lt;span style="border-right: none; border-left: none;"&gt;Includes interest, transaction costs and fair value adjustments.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
</ugp:SummaryOfForeignLoanMaturityTableTextBlock>
    <ifrs-full:Borrowings
      contextRef="I20211231_IpirangaProdutosdePetroleoSAMember_ForeignLoansMember_ChargesMember"
      decimals="-3"
      id="Tag3838"
      unitRef="USD">6234000</ifrs-full:Borrowings>
    <ifrs-full:Borrowings
      contextRef="I20211231_IpirangaProdutosdePetroleoSAMember_ForeignLoansMember_ChargesMember"
      decimals="-3"
      id="Tag2139"
      unitRef="BRL">34786000</ifrs-full:Borrowings>
    <ifrs-full:BorrowingsAdjustmentToInterestRateBasis
      contextRef="I20211231_IpirangaProdutosdePetroleoSAMember_ForeignLoansMember_ChargesMember"
      id="Tag3702"
      unitRef="Pure"
      xsi:nil="true"/>
    <ifrs-full:BorrowingsMaturity
      contextRef="D20211231_IpirangaProdutosdePetroleoSAMember_ForeignLoansMember_ForeignLoanOneMember"
      id="Tag4433">Jun/2022</ifrs-full:BorrowingsMaturity>
    <ifrs-full:Borrowings
      contextRef="I20211231_IpirangaProdutosdePetroleoSAMember_ForeignLoansMember_ForeignLoanOneMember"
      decimals="-3"
      id="Tag4046"
      unitRef="USD">50000000</ifrs-full:Borrowings>
    <ifrs-full:Borrowings
      contextRef="I20211231_IpirangaProdutosdePetroleoSAMember_ForeignLoansMember_ForeignLoanOneMember"
      decimals="-3"
      id="Tag43"
      unitRef="BRL">279025000</ifrs-full:Borrowings>
    <ifrs-full:BorrowingsAdjustmentToInterestRateBasis
      contextRef="I20211231_IpirangaProdutosdePetroleoSAMember_ForeignLoansMember_ForeignLoanOneMember"
      decimals="3"
      id="Tag4045"
      unitRef="Pure">1.05</ifrs-full:BorrowingsAdjustmentToInterestRateBasis>
    <ifrs-full:BorrowingsMaturity
      contextRef="D20211231_IpirangaProdutosdePetroleoSAMember_ForeignLoansMember_ForeignLoanTwoMember"
      id="Tag6812">Sep/2023</ifrs-full:BorrowingsMaturity>
    <ifrs-full:Borrowings
      contextRef="I20211231_IpirangaProdutosdePetroleoSAMember_ForeignLoansMember_ForeignLoanTwoMember"
      decimals="-3"
      id="Tag2143"
      unitRef="USD">60000000</ifrs-full:Borrowings>
    <ifrs-full:Borrowings
      contextRef="I20211231_IpirangaProdutosdePetroleoSAMember_ForeignLoansMember_ForeignLoanTwoMember"
      decimals="-3"
      id="Tag6820"
      unitRef="BRL">334830000</ifrs-full:Borrowings>
    <ifrs-full:BorrowingsAdjustmentToInterestRateBasis
      contextRef="I20211231_IpirangaProdutosdePetroleoSAMember_ForeignLoansMember_ForeignLoanTwoMember"
      decimals="3"
      id="Tag4036"
      unitRef="Pure">1.05</ifrs-full:BorrowingsAdjustmentToInterestRateBasis>
    <ifrs-full:BorrowingsMaturity
      contextRef="D20211231_IpirangaProdutosdePetroleoSAMember_ForeignLoansMember_ForeignLoanThreeMember"
      id="Tag4126">Sep/2023</ifrs-full:BorrowingsMaturity>
    <ifrs-full:Borrowings
      contextRef="I20211231_IpirangaProdutosdePetroleoSAMember_ForeignLoansMember_ForeignLoanThreeMember"
      decimals="-3"
      id="Tag3837"
      unitRef="USD">65000000</ifrs-full:Borrowings>
    <ifrs-full:Borrowings
      contextRef="I20211231_IpirangaProdutosdePetroleoSAMember_ForeignLoansMember_ForeignLoanThreeMember"
      decimals="-3"
      id="Tag4216"
      unitRef="BRL">362733000</ifrs-full:Borrowings>
    <ifrs-full:BorrowingsAdjustmentToInterestRateBasis
      contextRef="I20211231_IpirangaProdutosdePetroleoSAMember_ForeignLoansMember_ForeignLoanThreeMember"
      decimals="3"
      id="Tag7033"
      unitRef="Pure">1.048</ifrs-full:BorrowingsAdjustmentToInterestRateBasis>
    <ifrs-full:Borrowings
      contextRef="I20211231_ForeignLoansMember_IpirangaProdutosdePetroleoSAMember"
      decimals="-3"
      id="Tag4249"
      unitRef="USD">181234000</ifrs-full:Borrowings>
    <ifrs-full:Borrowings
      contextRef="I20211231_ForeignLoansMember_IpirangaProdutosdePetroleoSAMember"
      decimals="-3"
      id="Tag3990"
      unitRef="BRL">1011374000</ifrs-full:Borrowings>
    <ifrs-full:BorrowingsAdjustmentToInterestRateBasis
      contextRef="I20211231_ForeignLoansMember_IpirangaProdutosdePetroleoSAMember"
      decimals="3"
      id="Tag4132"
      unitRef="Pure">1.049</ifrs-full:BorrowingsAdjustmentToInterestRateBasis>
    <ifrs-full:ShorttermBorrowings
      contextRef="I20211231_AbasteceAiMember_1"
      decimals="-3"
      id="Tag6858"
      unitRef="BRL">4564000</ifrs-full:ShorttermBorrowings>
    <ifrs-full:LoansReceived
      contextRef="I20211231_OxitenoMexicoSADeCVMember"
      decimals="-3"
      id="Tag3988"
      unitRef="USD">20000000</ifrs-full:LoansReceived>
    <ifrs-full:BorrowingsMaturity contextRef="D20211231_OxitenoMexicoSADeCVMember" id="Tag62">April 2022</ifrs-full:BorrowingsMaturity>
    <ugp:DecreaseThroughClassifiedAsHeldForSaleLoansAndBorrowings
      contextRef="D20211231_OxitenoMexicoSADeCVMember"
      decimals="-3"
      id="Tag22"
      unitRef="BRL">163478000</ugp:DecreaseThroughClassifiedAsHeldForSaleLoansAndBorrowings>
    <ifrs-full:LoansReceived
      contextRef="I20211231_BancoDoBrasilMember_IpirangaProdutosdePetroleoSAMember"
      decimals="-3"
      id="Tag4281"
      unitRef="BRL">204813000</ifrs-full:LoansReceived>
    <ifrs-full:LoansReceived
      contextRef="I20211231_BancoDoBrasilMember_IpirangaProdutosdePetroleoSAMember_ChargesMember"
      decimals="-3"
      id="Tag4250"
      unitRef="BRL">1646000</ifrs-full:LoansReceived>
    <ifrs-full:BorrowingsMaturity
      contextRef="D20211231_BancoDoBrasilMember_IpirangaProdutosdePetroleoSAMember"
      id="Tag4299">May 2022</ifrs-full:BorrowingsMaturity>
    <ugp:SummaryOfDebenturesTableTextBlock contextRef="D20211231_3" id="Tag3810">
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="font-weight: bold;"&gt;f&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;.&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;1&lt;/span&gt; In May 2016 the subsidiary IPP carried out fourth issuance of public debentures, in one single series of 500 simple, nominative, registered debentures, nonconvertible into shares and unsecured, which main characteristics are as follows:&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_R7PIJ1M4Z400000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 102px;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Face value unit: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; R$ 1,000,000.00 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; height: 17px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Final maturity: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; May 25, 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; height: 17px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of the face value: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Annual as from May 2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; height: 17px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 105.0% of DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; height: 17px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Semiannually &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; height: 17px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Reprice: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Not applicable &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;Subsidiary IPP paid in advance its fourth public issuance of debentures upon maturity.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="font-weight: bold;"&gt;f&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;.&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;2&lt;/span&gt; In April 2017 the subsidiary IPP carried out its fifth issuance of debentures, in two series, being one of 660,139 and another of 352,361, simple, nonconvertible into shares, nominative, book-entry and unsecured debentures. The debentures have been subscribed by Eco Consult &#x2013; Consultoria de Opera&#xe7;&#xf5;es Financeiras Agropecu&#xe1;rias Ltda. The proceeds from this issuance were used exclusively for the purchase of ethanol by subsidiary IPP.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The debentures were later assigned and transferred to Eco Securitizadora de Direitos Credit&#xf3;rios do Agroneg&#xf3;cio S.A. that acquired these agribusiness credit rights with the purpose to bind the issuance of Certificates of Agribusiness Receivables (CRA). The debentures have an additional guarantee from Ultrapar and the main characteristics of the debentures are as follows:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_6AFNJAXQ7400000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 119px;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Amount: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 660,139 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Face value unit: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; R$ 1,000.00 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Final maturity: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; April 18, 2022 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of the face value: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Lump sum at final maturity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; 95.0% of DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Semiannually &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Reprice: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Not applicable &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="font-size: 11pt; line-height: 115%; margin: 2pt 0pt 10pt; text-align: justify;"&gt;&lt;span style="font-family: Times; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_MOWS3Y145C00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 119px;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Amount: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 352,361 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Face value unit: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; R$ 1,000.00 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Final maturity: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; April 15, 2024 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of the face value: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Lump sum at final maturity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; IPCA + 4.68% &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Annually &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Reprice: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Not applicable &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The subsidiary IPP contracted hedging instruments subjected to IPCA variation, changing the debentures charges linked to&#160;IPCA to 93.9 % of DI. IPP designated these hedging instruments as fair value hedges; therefore, debentures and hedging instruments are both measured at fair value from inception, with changes in fair value recognized through profit or loss.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;div&gt;
&lt;div id="t_ft_ITNOTPRVB400000000000000000000b"&gt;

&lt;/div&gt;
&lt;/div&gt;
&lt;div style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="font-weight: bold;"&gt;f&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;.&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;3&lt;/span&gt; In July 2017 the subsidiary IPP carried out sixth issuance of public debentures, in one single series of 1,500,000 simple, nonconvertible into shares and unsecured debentures, which main characteristics are as follows:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_XRQ5BEJ3SW00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 102px;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Face value unit: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; R$ 1,000.00 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Final maturity: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; July 28, 2022 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of the face value: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Annual as from July 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 105.0% of DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Annually &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Reprice: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Not applicable &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="font-weight: bold;"&gt;f&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;.&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;4&lt;/span&gt; In October 2017 the subsidiary IPP carried out its seventh issuance of debentures in the amount of R$ 944,077, in two series, being on of 730,384 and another of 213,693, simple, nonconvertible into shares, nominative, book-entry and unsecured debentures. The debentures have been subscribed by Vert Companhia Securitizadora. The proceeds from this issuance were used exclusively for the purchase of ethanol by subsidiary IPP.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The debentures were later assigned and transferred to Vert Cr&#xe9;ditos Ltda., that acquired these agribusiness credit rights with the purpose to bind the issuance of Certificates of Agribusiness Receivables (CRA). The financial settlement occurred on November 1, 2017. The debentures have an additional guarantee from Ultrapar and the main characteristics of the debentures are as follows:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;div id="t_ft_X0I67TMIPS00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 119px;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Amount: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 730,384 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Face value unit: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; R$ 1,000.00 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Final maturity: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; October 24, 2022 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of the face value: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Lump sum at final maturity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; 95.0% of DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Semiannually &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Reprice: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Not applicable &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_NBDFWDCASW00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 119px;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Amount: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 213,693 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Face value unit: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; R$ 1,000.00 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Final maturity: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; October 24, 2024 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of the face value: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Lump sum at final maturity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; IPCA + 4.34% &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Annually &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Reprice: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Not applicable &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The subsidiary IPP contracted hedging instruments subjected to IPCA variation, changing the debentures charges linked to&#160;IPCA to 97.3% of DI. IPP designated these hedging instruments as fair value hedges; therefore, debentures and hedging instruments are both measured at fair value from inception, with changes in fair value recognized through profit or loss.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div&gt;
&lt;div id="t_ft_GV5TB96DCW00000000000000000000b"&gt;

&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="font-weight: bold;"&gt;f&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;.&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;5&lt;/span&gt; In March 2018 the Company carried out sixth issuance of public debentures, in a single series of 1,725,000 simple, nonconvertible into shares and unsecured debentures, which main characteristics are as follows:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;div id="t_ft_35SBTJTQN400000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 102px;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Face value unit: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; R$ 1,000.00 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="vertical-align: top; height: 17px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Final maturity: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; March 5, 2023 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="vertical-align: top; height: 17px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of the face value: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Lump sum at final maturity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="vertical-align: top; height: 17px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; 105.25% of DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="vertical-align: top; height: 17px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Semiannually &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="vertical-align: top; height: 17px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Reprice: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Not applicable &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="font-weight: bold;"&gt;f&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;.&lt;span style="border-left: none; border-right: none;"&gt;6&lt;/span&gt;&lt;/span&gt; In December 2018 the subsidiary IPP carried out its eighth issuance of debentures in the amount of R$900,000, in two series, being one of &lt;span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;R$&lt;/span&gt;660,000 and another of &lt;span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;R$&lt;/span&gt;240,000, simple, nonconvertible into shares, nominative, book-entry and unsecured debentures. The debentures have been subscribed by Vert Companhia Securitizadora. The proceeds from this issuance were used exclusively for the purchase of ethanol by subsidiary IPP. The debentures were subscribed with the purpose to bind the issuance of CRA. The financial settlement occurred on December 21, 2018. The debentures have an additional guarantee from Ultrapar and the main characteristics of the debentures are as follows:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_LKWEEMI0GW00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 119px;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Amount: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 660,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Face value unit: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; R$ 1,000.00 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Final maturity: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; December 18, 2023 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of the face value: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Lump sum at final maturity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 97.5% of DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Semiannually &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Reprice: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Not applicable &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_200I8QLY6800000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="vertical-align: top; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Amount: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 240,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="vertical-align: top; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Face value unit: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; R$ 1,000.00 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="vertical-align: top; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Final maturity: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; December 15, 2025 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="vertical-align: top; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of the face value: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Lump sum at final maturity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="vertical-align: top; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; IPCA + 4.61% &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="vertical-align: top; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Annually &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="vertical-align: top; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Reprice: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Not applicable &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The subsidiary IPP contracted hedging instruments subjected to IPCA variation, changing the debentures charges linked to&#160;&lt;span style="border-left: none; border-right: none;"&gt;&lt;span style="border-left: none; border-right: none;"&gt;&lt;span style="border-left: none; border-right: none;"&gt;&lt;span style="border-left: none; border-right: none;"&gt;&lt;span style="border-left: none; border-right: none;"&gt;&lt;span style="border-left: none; border-right: none;"&gt;IPCA to 97.1% of DI&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;. IPP designated these hedging instruments as fair value hedges; therefore, debentures and hedging instruments are both measured at fair value from inception, with changes in fair value recognized through profit or loss.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div&gt;
&lt;div id="t_ft_PUY33AH2UO00000000000000000000b"&gt;

&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="font-weight: bold;"&gt;f&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;.7&lt;/span&gt; In November 2019 the subsidiary Ultracargo Log&#xed;stica made its first issuance of debentures, in a single series of 90,000 simple, nonconvertible into shares and unsecured debentures, which main characteristics are as follows:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_DCKDMAYAIO00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 102px;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 49.0741%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Face value unit: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50.7937%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; R$ 1,000.00 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 49.0741%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Final maturity: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50.7937%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; November 19, 2024 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 49.0741%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of the face value: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50.7937%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Lump sum at final maturity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 49.0741%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50.7937%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 6.47% &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 49.0741%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50.7937%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Semiannually &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 49.0741%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Reprice: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 50.7937%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Not applicable &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The subsidiary &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Ultracargo&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Log&#xed;stica&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; contracted hedging instruments subjected interest rate variation, changing the debentures fixed for 99.94% of the DI. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Ultracargo&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Log&#xed;stica&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; designated these hedging instruments as fair value hedges therefore debentures and hedging instruments are both measured at fair value from inception, with changes in fair value recognized &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; profit or loss.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 5.65pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;f.8&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;In &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;March&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 20&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;21&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; the subsidiary Tequimar&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; Vila do Conde &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;made its first issuance of debentures, in a single series of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;360,000&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;simple, nonconvertible into shares and unsecured debentures, which main characteristics are as follows:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt; font-weight: bold;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_DC0I0L73Z400000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 102px;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 49.8757%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Face value unit: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 49.9586%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; R$ 1,000.00 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 49.8757%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Final maturity: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 49.9586%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; March 15, 2028 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 49.8757%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of the face value: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 49.9586%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Lump sum at final maturity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 49.8757%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 49.9586%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; IPCA + 4.04% &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 49.8757%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 49.9586%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Semiannually &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="vertical-align: top; width: 49.8757%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Reprice: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; width: 49.9586%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Not applicable &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt; font-weight: bold;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The subsidiary Tequimar Vila do Conde contracted hedging instruments subjected interest rate variation changing the debentures fixed for 111.4% of the DI. Tequimar Vila do Conde designated these hedging instruments as fair value hedges therefore debentures and hedging instruments are both measured at fair value from inception with changes in fair value recognized in profit or loss.&lt;/span&gt;&lt;/p&gt;
&lt;div style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt 5.65pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="font-weight: bold;"&gt;f.&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;9&lt;/span&gt; In March 2021 the subsidiary Ultracargo Log&#xed;stica made its second issuance of debentures, in a single series of 100,000 simple, nonconvertible into shares and unsecured debentures, which main characteristics are as follows:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_VKM7NDCN4000000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 114px; border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="vertical-align: top; height: 19px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Face value unit: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 19px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; R$ 1,000.00 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="vertical-align: top; height: 19px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Final maturity: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 19px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; March 15, 2028 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="vertical-align: top; height: 19px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of the face value: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 19px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Lump sum at final maturity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="vertical-align: top; height: 19px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 19px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; IPCA + 4.37% &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="vertical-align: top; height: 19px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 19px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Semiannually &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="vertical-align: top; height: 19px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Reprice: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 19px; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Not applicable &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt; font-weight: bold;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The subsidiary Ultracargo Log&#xed;stica contracted hedging instruments subjected interest rate variation changing the debentures fixed for 111.4% of the DI. Ultracargo Log&#xed;stica designated these hedging instruments as fair value hedges therefore debentures and hedging instruments are both measured at fair value from inception with changes in fair value recognized in profit or loss.&lt;/span&gt;&lt;/p&gt;
&lt;div&gt;
&lt;div id="t_ft_0R2GFHVWPC00000000000000000000b"&gt;

&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="font-weight: bold;"&gt;f.10&lt;/span&gt; In September 2021, subsidiary IPP carried out its tenth issue of debentures in the total amount of R$ 960,000, in a single series of 960,000 simple, nonconvertible, registered, book-entry and unsecured debentures, privately placed by Vert Companhia Securitizadora. The funds were used exclusively for the purchase of ethanol by the subsidiary IPP. The debentures were subscribed for the purpose to bind the issuance of CRA. The financial settlement ocurred on September 16, 2021. The debentures have an additional guarantee from Ultrapar and the main characteristics are as follows:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_WUSFFJIDJ400000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 133px;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; width: 50%; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Amount: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; width: 50%; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; 960,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Face value unit: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; R$ 1,000.00 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Final maturity: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; September 15, 2028 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of the face value: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Lump sum at final maturity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; IPCA + 4.83% &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Semiannually &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Reprice: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 19px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; orphans: 0; page-break-after: avoid; page-break-inside: avoid; text-align: justify; widows: 0;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Not applicable &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The subsidiary IPP contracted hedging instruments subjected to IPCA variation, changing the debentures charges linked to the&#160;IPCA to 102.75% of the DI. IPP designated these hedging instruments as fair value hedges; therefore, debentures and hedging instruments are both measured at fair value from inception, with changes in fair value recognized through profit or loss.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
</ugp:SummaryOfDebenturesTableTextBlock>
    <ugp:NumberOfDebentureSeriesIssued
      contextRef="I20160531_DebenturesFourthIssueMember_IpirangaProdutosdePetroleoSAMember"
      decimals="0"
      id="Tag3699"
      unitRef="Pure">1</ugp:NumberOfDebentureSeriesIssued>
    <ugp:NumberOfDebenturesDistributedThroughPublicOffer
      contextRef="D20160531_DebentureOneMember_DebenturesFourthIssueMember_IpirangaProdutosdePetroleoSAMember"
      decimals="0"
      id="Tag4217"
      unitRef="Debentures">500</ugp:NumberOfDebenturesDistributedThroughPublicOffer>
    <ugp:FaceValuePerDebtInstrument
      contextRef="I20211231_DebentureOneMember_DebenturesFourthIssueMember_IpirangaProdutosdePetroleoSAMember"
      decimals="2"
      id="Tag3922"
      unitRef="BRLPerShare">1000000</ugp:FaceValuePerDebtInstrument>
    <ifrs-full:BorrowingsMaturity
      contextRef="D20211231_DebentureOneMember_DebenturesFourthIssueMember_IpirangaProdutosdePetroleoSAMember"
      id="Tag4303">May 25, 2021</ifrs-full:BorrowingsMaturity>
    <ugp:DebenturePaymentOfFaceValueDescription
      contextRef="D20211231_DebentureOneMember_DebenturesFourthIssueMember_IpirangaProdutosdePetroleoSAMember"
      id="Tag23">Annual as from May 2019</ugp:DebenturePaymentOfFaceValueDescription>
    <ifrs-full:BorrowingsInterestRateBasis
      contextRef="D20211231_DebentureOneMember_DebenturesFourthIssueMember_IpirangaProdutosdePetroleoSAMember"
      id="Tag1647">105.0% of DI</ifrs-full:BorrowingsInterestRateBasis>
    <ugp:DebenturePaymentOfInterestDescription
      contextRef="D20211231_DebentureOneMember_DebenturesFourthIssueMember_IpirangaProdutosdePetroleoSAMember"
      id="Tag4302">Semiannually</ugp:DebenturePaymentOfInterestDescription>
    <ugp:DebentureReprice
      contextRef="D20211231_DebentureOneMember_DebenturesFourthIssueMember_IpirangaProdutosdePetroleoSAMember"
      id="Tag4035">Not applicable</ugp:DebentureReprice>
    <ugp:NumberOfDebentureSeriesIssued
      contextRef="I20170430_DebenturesFifthIssueMember_IpirangaProdutosdePetroleoSAMember"
      decimals="0"
      id="Tag4253"
      unitRef="Pure">2</ugp:NumberOfDebentureSeriesIssued>
    <ifrs-full:NotionalAmount
      contextRef="I20170430_DebentureTwoMember_DebenturesFifthIssueMember_IpirangaProdutosdePetroleoSAMember"
      decimals="-3"
      id="Tag4403"
      unitRef="BRL">660139000</ifrs-full:NotionalAmount>
    <ifrs-full:NotionalAmount
      contextRef="I20170430_DebentureThreeMember_DebenturesFifthIssueMember_IpirangaProdutosdePetroleoSAMember"
      decimals="-3"
      id="Tag3976"
      unitRef="BRL">352361000</ifrs-full:NotionalAmount>
    <ifrs-full:NotionalAmount
      contextRef="I20211231_DebentureTwoMember_IpirangaProdutosdePetroleoSAMember_DebenturesFifthIssueMember"
      decimals="-3"
      id="Tag4134"
      unitRef="BRL">660139000</ifrs-full:NotionalAmount>
    <ugp:FaceValuePerDebtInstrument
      contextRef="I20211231_DebentureTwoMember_IpirangaProdutosdePetroleoSAMember_DebenturesFifthIssueMember"
      decimals="2"
      id="Tag208"
      unitRef="BRLPerShare">1000</ugp:FaceValuePerDebtInstrument>
    <ifrs-full:BorrowingsMaturity
      contextRef="D20211231_DebentureTwoMember_DebenturesFifthIssueMember_IpirangaProdutosdePetroleoSAMember"
      id="Tag63">April 18, 2022</ifrs-full:BorrowingsMaturity>
    <ugp:DebenturePaymentOfFaceValueDescription
      contextRef="D20211231_DebentureTwoMember_DebenturesFifthIssueMember_IpirangaProdutosdePetroleoSAMember"
      id="Tag3841">Lump sum at final maturity</ugp:DebenturePaymentOfFaceValueDescription>
    <ifrs-full:BorrowingsInterestRateBasis
      contextRef="D20211231_DebentureTwoMember_DebenturesFifthIssueMember_IpirangaProdutosdePetroleoSAMember"
      id="Tag109">95.0% of DI</ifrs-full:BorrowingsInterestRateBasis>
    <ugp:DebenturePaymentOfInterestDescription
      contextRef="D20211231_DebentureTwoMember_DebenturesFifthIssueMember_IpirangaProdutosdePetroleoSAMember"
      id="Tag3834">Semiannually</ugp:DebenturePaymentOfInterestDescription>
    <ugp:DebentureReprice
      contextRef="D20211231_DebentureTwoMember_DebenturesFifthIssueMember_IpirangaProdutosdePetroleoSAMember"
      id="Tag6835">Not applicable</ugp:DebentureReprice>
    <ifrs-full:NotionalAmount
      contextRef="I20211231_DebentureThreeMember_DebenturesFifthIssueMember_IpirangaProdutosdePetroleoSAMember"
      decimals="-3"
      id="Tag4554"
      unitRef="BRL">352361000</ifrs-full:NotionalAmount>
    <ugp:FaceValuePerDebtInstrument
      contextRef="I20211231_DebentureThreeMember_DebenturesFifthIssueMember_IpirangaProdutosdePetroleoSAMember"
      decimals="2"
      id="Tag116"
      unitRef="BRLPerShare">1000</ugp:FaceValuePerDebtInstrument>
    <ifrs-full:BorrowingsMaturity
      contextRef="D20211231_DebentureThreeMember_DebenturesFifthIssueMember_IpirangaProdutosdePetroleoSAMember"
      id="Tag4139">April 15, 2024</ifrs-full:BorrowingsMaturity>
    <ugp:DebenturePaymentOfFaceValueDescription
      contextRef="D20211231_DebentureThreeMember_DebenturesFifthIssueMember_IpirangaProdutosdePetroleoSAMember"
      id="Tag4133">Lump sum at final maturity</ugp:DebenturePaymentOfFaceValueDescription>
    <ifrs-full:BorrowingsInterestRateBasis
      contextRef="D20211231_DebentureThreeMember_DebenturesFifthIssueMember_IpirangaProdutosdePetroleoSAMember"
      id="Tag4449">IPCA + 4.68%</ifrs-full:BorrowingsInterestRateBasis>
    <ugp:DebenturePaymentOfInterestDescription
      contextRef="D20211231_DebentureThreeMember_DebenturesFifthIssueMember_IpirangaProdutosdePetroleoSAMember"
      id="Tag3931">Annually</ugp:DebenturePaymentOfInterestDescription>
    <ugp:DebentureReprice
      contextRef="D20211231_DebentureThreeMember_DebenturesFifthIssueMember_IpirangaProdutosdePetroleoSAMember"
      id="Tag3921">Not applicable</ugp:DebentureReprice>
    <ifrs-full:BorrowingsInterestRateBasis
      contextRef="D20211231_DebenturesFifthIssueMember_IpirangaProdutosdePetroleoSAMember"
      id="Tag4232">IPCA to 93.9 % of DI</ifrs-full:BorrowingsInterestRateBasis>
    <ugp:NumberOfDebentureSeriesIssued
      contextRef="I20170731_DebenturesSixthIssueMember_IpirangaProdutosdePetroleoSAMember"
      decimals="0"
      id="Tag205"
      unitRef="Pure">1</ugp:NumberOfDebentureSeriesIssued>
    <ugp:NumberOfDebenturesDistributedThroughPublicOffer
      contextRef="D20170731_DebentureFourMember_DebenturesSixthIssueMember_IpirangaProdutosdePetroleoSAMember"
      decimals="0"
      id="Tag4014"
      unitRef="Debentures">1500000</ugp:NumberOfDebenturesDistributedThroughPublicOffer>
    <ugp:FaceValuePerDebtInstrument
      contextRef="I20211231_DebentureFourMember_DebenturesSixthIssueMember_IpirangaProdutosdePetroleoSAMember"
      decimals="2"
      id="Tag7034"
      unitRef="BRLPerShare">1000</ugp:FaceValuePerDebtInstrument>
    <ifrs-full:BorrowingsMaturity
      contextRef="D20211231_DebentureFourMember_DebenturesSixthIssueMember_IpirangaProdutosdePetroleoSAMember"
      id="Tag4025">July 28, 2022</ifrs-full:BorrowingsMaturity>
    <ugp:DebenturePaymentOfFaceValueDescription
      contextRef="D20211231_DebentureFourMember_DebenturesSixthIssueMember_IpirangaProdutosdePetroleoSAMember"
      id="Tag4219">Annual as from July 2021</ugp:DebenturePaymentOfFaceValueDescription>
    <ifrs-full:BorrowingsInterestRateBasis
      contextRef="D20211231_DebentureFourMember_DebenturesSixthIssueMember_IpirangaProdutosdePetroleoSAMember"
      id="Tag3989">105.0% of DI</ifrs-full:BorrowingsInterestRateBasis>
    <ugp:DebenturePaymentOfInterestDescription
      contextRef="D20211231_DebentureFourMember_DebenturesSixthIssueMember_IpirangaProdutosdePetroleoSAMember"
      id="Tag4019">Annually</ugp:DebenturePaymentOfInterestDescription>
    <ugp:DebentureReprice
      contextRef="D20211231_DebentureFourMember_DebenturesSixthIssueMember_IpirangaProdutosdePetroleoSAMember"
      id="Tag3703">Not applicable</ugp:DebentureReprice>
    <ifrs-full:NotionalAmount
      contextRef="I20171031_DebenturesSeventhIssueMember_IpirangaProdutosdePetroleoSAMember"
      decimals="-3"
      id="Tag4022"
      unitRef="BRL">944077000</ifrs-full:NotionalAmount>
    <ugp:NumberOfDebentureSeriesIssued
      contextRef="I20171031_DebenturesSeventhIssueMember_IpirangaProdutosdePetroleoSAMember"
      decimals="0"
      id="Tag4155"
      unitRef="Pure">2</ugp:NumberOfDebentureSeriesIssued>
    <ifrs-full:NotionalAmount
      contextRef="I20171031_DebentureFiveMember_DebenturesSeventhIssueMember_IpirangaProdutosdePetroleoSAMember"
      decimals="-3"
      id="Tag4024"
      unitRef="BRL">730384000</ifrs-full:NotionalAmount>
    <ifrs-full:NotionalAmount
      contextRef="I20171031_DebentureSixMember_DebenturesSeventhIssueMember_IpirangaProdutosdePetroleoSAMember"
      decimals="-3"
      id="Tag6816"
      unitRef="BRL">213693000</ifrs-full:NotionalAmount>
    <ifrs-full:NotionalAmount
      contextRef="I20211231_DebentureFiveMember_DebenturesSeventhIssueMember_IpirangaProdutosdePetroleoSAMember"
      decimals="-3"
      id="Tag3696"
      unitRef="BRL">730384000</ifrs-full:NotionalAmount>
    <ugp:FaceValuePerDebtInstrument
      contextRef="I20211231_DebentureFiveMember_DebenturesSeventhIssueMember_IpirangaProdutosdePetroleoSAMember"
      decimals="2"
      id="Tag1"
      unitRef="BRLPerShare">1000</ugp:FaceValuePerDebtInstrument>
    <ifrs-full:BorrowingsMaturity
      contextRef="D20211231_DebentureFiveMember_DebenturesSeventhIssueMember_IpirangaProdutosdePetroleoSAMember"
      id="Tag4175">October 24, 2022</ifrs-full:BorrowingsMaturity>
    <ugp:DebenturePaymentOfFaceValueDescription
      contextRef="D20211231_DebentureFiveMember_DebenturesSeventhIssueMember_IpirangaProdutosdePetroleoSAMember"
      id="Tag3712">Lump sum at final maturity</ugp:DebenturePaymentOfFaceValueDescription>
    <ifrs-full:BorrowingsInterestRateBasis
      contextRef="D20211231_DebentureFiveMember_DebenturesSeventhIssueMember_IpirangaProdutosdePetroleoSAMember"
      id="Tag3991">95.0% of DI</ifrs-full:BorrowingsInterestRateBasis>
    <ugp:DebenturePaymentOfInterestDescription
      contextRef="D20211231_DebentureFiveMember_DebenturesSeventhIssueMember_IpirangaProdutosdePetroleoSAMember"
      id="Tag3980">Semiannually</ugp:DebenturePaymentOfInterestDescription>
    <ugp:DebentureReprice
      contextRef="D20211231_DebentureFiveMember_DebenturesSeventhIssueMember_IpirangaProdutosdePetroleoSAMember"
      id="Tag4231">Not applicable</ugp:DebentureReprice>
    <ifrs-full:NotionalAmount
      contextRef="I20211231_DebentureSixMember_DebenturesSeventhIssueMember_IpirangaProdutosdePetroleoSAMember"
      decimals="-3"
      id="Tag3839"
      unitRef="BRL">213693000</ifrs-full:NotionalAmount>
    <ugp:FaceValuePerDebtInstrument
      contextRef="I20211231_DebentureSixMember_DebenturesSeventhIssueMember_IpirangaProdutosdePetroleoSAMember"
      decimals="2"
      id="Tag4023"
      unitRef="BRLPerShare">1000</ugp:FaceValuePerDebtInstrument>
    <ifrs-full:BorrowingsMaturity
      contextRef="D20211231_DebentureSixMember_DebenturesSeventhIssueMember_IpirangaProdutosdePetroleoSAMember"
      id="Tag4221">October 24, 2024</ifrs-full:BorrowingsMaturity>
    <ugp:DebenturePaymentOfFaceValueDescription
      contextRef="D20211231_DebentureSixMember_DebenturesSeventhIssueMember_IpirangaProdutosdePetroleoSAMember"
      id="Tag4208">Lump sum at final maturity</ugp:DebenturePaymentOfFaceValueDescription>
    <ifrs-full:BorrowingsInterestRateBasis
      contextRef="D20211231_DebentureSixMember_DebenturesSeventhIssueMember_IpirangaProdutosdePetroleoSAMember"
      id="Tag4229">IPCA + 4.34%</ifrs-full:BorrowingsInterestRateBasis>
    <ugp:DebenturePaymentOfInterestDescription
      contextRef="D20211231_DebentureSixMember_DebenturesSeventhIssueMember_IpirangaProdutosdePetroleoSAMember"
      id="Tag3873">Annually</ugp:DebenturePaymentOfInterestDescription>
    <ugp:DebentureReprice
      contextRef="D20211231_DebentureSixMember_DebenturesSeventhIssueMember_IpirangaProdutosdePetroleoSAMember"
      id="Tag2144">Not applicable</ugp:DebentureReprice>
    <ifrs-full:BorrowingsInterestRateBasis
      contextRef="D20211231_DebenturesSeventhIssueMember_IpirangaProdutosdePetroleoSAMember"
      id="Tag4228">IPCA to 97.3% of DI</ifrs-full:BorrowingsInterestRateBasis>
    <ugp:NumberOfDebenturesDistributedThroughPublicOffer
      contextRef="D20180331_DebentureSevenMember_DebenturesSixthIssueMember"
      decimals="0"
      id="Tag4177"
      unitRef="Debentures">1725000</ugp:NumberOfDebenturesDistributedThroughPublicOffer>
    <ugp:FaceValuePerDebtInstrument
      contextRef="I20211231_DebentureSevenMember_DebenturesSixthIssueMember"
      decimals="2"
      id="Tag1639"
      unitRef="BRLPerShare">1000</ugp:FaceValuePerDebtInstrument>
    <ifrs-full:BorrowingsMaturity
      contextRef="D20211231_DebentureSevenMember_DebenturesSixthIssueMember"
      id="Tag4160">March 5, 2023</ifrs-full:BorrowingsMaturity>
    <ugp:DebenturePaymentOfFaceValueDescription
      contextRef="D20211231_DebentureSevenMember_DebenturesSixthIssueMember"
      id="Tag6831">Lump sum at final maturity</ugp:DebenturePaymentOfFaceValueDescription>
    <ifrs-full:BorrowingsInterestRateBasis
      contextRef="D20211231_DebentureSevenMember_DebenturesSixthIssueMember"
      id="Tag3927">105.25% of DI</ifrs-full:BorrowingsInterestRateBasis>
    <ugp:DebenturePaymentOfInterestDescription
      contextRef="D20211231_DebentureSevenMember_DebenturesSixthIssueMember"
      id="Tag6838">Semiannually</ugp:DebenturePaymentOfInterestDescription>
    <ugp:DebentureReprice
      contextRef="D20211231_DebentureSevenMember_DebenturesSixthIssueMember"
      id="Tag4052">Not applicable</ugp:DebentureReprice>
    <ifrs-full:NotionalAmount
      contextRef="I20181231_DebenturesEighthIssueMember_IpirangaProdutosdePetroleoSAMember"
      decimals="-3"
      id="Tag6826"
      unitRef="BRL">900000000</ifrs-full:NotionalAmount>
    <ugp:NumberOfDebentureSeriesIssued
      contextRef="I20181231_DebenturesEighthIssueMember_IpirangaProdutosdePetroleoSAMember"
      decimals="0"
      id="Tag4047"
      unitRef="Pure">2</ugp:NumberOfDebentureSeriesIssued>
    <ifrs-full:NotionalAmount
      contextRef="I20181231_DebentureEightMember_DebenturesEighthIssueMember_IpirangaProdutosdePetroleoSAMember"
      decimals="-3"
      id="Tag253"
      unitRef="BRL">660000000</ifrs-full:NotionalAmount>
    <ifrs-full:NotionalAmount
      contextRef="I20181231_DebentureNineMember_DebenturesEighthIssueMember_IpirangaProdutosdePetroleoSAMember"
      decimals="-3"
      id="Tag3698"
      unitRef="BRL">240000000</ifrs-full:NotionalAmount>
    <ifrs-full:NotionalAmount
      contextRef="I20211231_DebentureEightMember_DebenturesEighthIssueMember_IpirangaProdutosdePetroleoSAMember"
      decimals="-3"
      id="Tag2140"
      unitRef="BRL">660000000</ifrs-full:NotionalAmount>
    <ugp:FaceValuePerDebtInstrument
      contextRef="I20211231_DebentureEightMember_DebenturesEighthIssueMember_IpirangaProdutosdePetroleoSAMember"
      decimals="2"
      id="Tag4296"
      unitRef="BRLPerShare">1000</ugp:FaceValuePerDebtInstrument>
    <ifrs-full:BorrowingsMaturity
      contextRef="D20211231_DebentureEightMember_DebenturesEighthIssueMember_IpirangaProdutosdePetroleoSAMember"
      id="Tag6860">December 18, 2023</ifrs-full:BorrowingsMaturity>
    <ugp:DebenturePaymentOfFaceValueDescription
      contextRef="D20211231_DebentureEightMember_DebenturesEighthIssueMember_IpirangaProdutosdePetroleoSAMember"
      id="Tag3862">Lump sum at final maturity</ugp:DebenturePaymentOfFaceValueDescription>
    <ifrs-full:BorrowingsInterestRateBasis
      contextRef="D20211231_DebentureEightMember_DebenturesEighthIssueMember_IpirangaProdutosdePetroleoSAMember"
      id="Tag4278">97.5% of DI</ifrs-full:BorrowingsInterestRateBasis>
    <ugp:DebenturePaymentOfInterestDescription
      contextRef="D20211231_DebentureEightMember_DebenturesEighthIssueMember_IpirangaProdutosdePetroleoSAMember"
      id="Tag4213">Semiannually</ugp:DebenturePaymentOfInterestDescription>
    <ugp:DebentureReprice
      contextRef="D20211231_DebentureEightMember_DebenturesEighthIssueMember_IpirangaProdutosdePetroleoSAMember"
      id="Tag4085">Not applicable</ugp:DebentureReprice>
    <ifrs-full:NotionalAmount
      contextRef="I20211231_DebentureNineMember_DebenturesEighthIssueMember_IpirangaProdutosdePetroleoSAMember"
      decimals="-3"
      id="Tag4286"
      unitRef="BRL">240000000</ifrs-full:NotionalAmount>
    <ugp:FaceValuePerDebtInstrument
      contextRef="I20211231_DebentureNineMember_DebenturesEighthIssueMember_IpirangaProdutosdePetroleoSAMember"
      decimals="2"
      id="Tag4283"
      unitRef="BRLPerShare">1000</ugp:FaceValuePerDebtInstrument>
    <ifrs-full:BorrowingsMaturity
      contextRef="D20211231_DebentureNineMember_DebenturesEighthIssueMember_IpirangaProdutosdePetroleoSAMember"
      id="Tag4306">December 15, 2025</ifrs-full:BorrowingsMaturity>
    <ugp:DebenturePaymentOfFaceValueDescription
      contextRef="D20211231_DebentureNineMember_DebenturesEighthIssueMember_IpirangaProdutosdePetroleoSAMember"
      id="Tag3896">Lump sum at final maturity</ugp:DebenturePaymentOfFaceValueDescription>
    <ifrs-full:BorrowingsInterestRateBasis
      contextRef="D20211231_DebentureNineMember_DebenturesEighthIssueMember_IpirangaProdutosdePetroleoSAMember"
      id="Tag4165">IPCA + 4.61%</ifrs-full:BorrowingsInterestRateBasis>
    <ugp:DebenturePaymentOfInterestDescription
      contextRef="D20211231_DebentureNineMember_DebenturesEighthIssueMember_IpirangaProdutosdePetroleoSAMember"
      id="Tag57">Annually</ugp:DebenturePaymentOfInterestDescription>
    <ugp:DebentureReprice
      contextRef="D20211231_DebentureNineMember_DebenturesEighthIssueMember_IpirangaProdutosdePetroleoSAMember"
      id="Tag4236">Not applicable</ugp:DebentureReprice>
    <ifrs-full:BorrowingsInterestRateBasis
      contextRef="D20211231_DebenturesEighthIssueMember_IpirangaProdutosdePetroleoSAMember"
      id="Tag4026">IPCA to 97.1% of DI</ifrs-full:BorrowingsInterestRateBasis>
    <ugp:NumberOfDebenturesDistributedThroughPublicOffer
      contextRef="D20191130_DebentureTenMember_DebenturesFirstIssueMember_UltracargoLogisticaSAMember"
      decimals="0"
      id="Tag3867"
      unitRef="Pure">90000</ugp:NumberOfDebenturesDistributedThroughPublicOffer>
    <ugp:FaceValuePerDebtInstrument
      contextRef="I20211231_DebentureTenMember_DebenturesFirstIssueMember_UltracargoLogisticaSAMember"
      decimals="2"
      id="Tag3700"
      unitRef="BRLPerShare">1000</ugp:FaceValuePerDebtInstrument>
    <ifrs-full:BorrowingsMaturity
      contextRef="D20211231_DebentureTenMember_DebenturesFirstIssueMember_UltracargoLogisticaSAMember"
      id="Tag4288">November 19, 2024</ifrs-full:BorrowingsMaturity>
    <ugp:DebenturePaymentOfFaceValueDescription
      contextRef="D20211231_DebentureTenMember_DebenturesFirstIssueMember_UltracargoLogisticaSAMember"
      id="Tag6855">Lump sum at final maturity</ugp:DebenturePaymentOfFaceValueDescription>
    <ifrs-full:BorrowingsInterestRateBasis
      contextRef="D20211231_DebentureTenMember_DebenturesFirstIssueMember_UltracargoLogisticaSAMember"
      id="Tag4153">6.47%</ifrs-full:BorrowingsInterestRateBasis>
    <ugp:DebenturePaymentOfInterestDescription
      contextRef="D20211231_DebentureTenMember_DebenturesFirstIssueMember_UltracargoLogisticaSAMember"
      id="Tag4287">Semiannually</ugp:DebenturePaymentOfInterestDescription>
    <ugp:DebentureReprice
      contextRef="D20211231_DebentureTenMember_DebenturesFirstIssueMember_UltracargoLogisticaSAMember"
      id="Tag4301">Not applicable</ugp:DebentureReprice>
    <ifrs-full:BorrowingsInterestRateBasis
      contextRef="D20211231_DebenturesFirstIssueMember_UltracargoLogisticaSAMember"
      id="Tag4140">99.94% of the DI</ifrs-full:BorrowingsInterestRateBasis>
    <ugp:NumberOfDebenturesDistributedThroughPublicOffer
      contextRef="D20210331_DebentureElevenMember_DebenturesFirstIssueMember_TequimarVilaDoCondeMember"
      decimals="0"
      id="Tag4539"
      unitRef="Debentures">360000</ugp:NumberOfDebenturesDistributedThroughPublicOffer>
    <ugp:FaceValuePerDebtInstrument
      contextRef="I20211231_DebentureElevenMember_DebenturesFirstIssueMember_TequimarVilaDoCondeMember"
      decimals="2"
      id="Tag4226"
      unitRef="BRLPerShare">1000</ugp:FaceValuePerDebtInstrument>
    <ifrs-full:BorrowingsMaturity
      contextRef="D20211231_DebentureElevenMember_DebenturesFirstIssueMember_TequimarVilaDoCondeMember"
      id="Tag4429">March 15, 2028</ifrs-full:BorrowingsMaturity>
    <ugp:DebenturePaymentOfFaceValueDescription
      contextRef="D20211231_DebentureElevenMember_DebenturesFirstIssueMember_TequimarVilaDoCondeMember"
      id="Tag3934">Lump sum at final maturity</ugp:DebenturePaymentOfFaceValueDescription>
    <ifrs-full:BorrowingsInterestRateBasis
      contextRef="D20211231_DebentureElevenMember_DebenturesFirstIssueMember_TequimarVilaDoCondeMember"
      id="Tag4044">IPCA + 4.04%</ifrs-full:BorrowingsInterestRateBasis>
    <ugp:DebenturePaymentOfInterestDescription
      contextRef="D20211231_DebentureElevenMember_DebenturesFirstIssueMember_TequimarVilaDoCondeMember"
      id="Tag65">Semiannually</ugp:DebenturePaymentOfInterestDescription>
    <ugp:DebentureReprice
      contextRef="D20211231_DebentureElevenMember_DebenturesFirstIssueMember_TequimarVilaDoCondeMember"
      id="Tag1478">Not applicable</ugp:DebentureReprice>
    <ifrs-full:BorrowingsInterestRateBasis
      contextRef="D20211231_DebenturesFirstIssueMember_TequimarVilaDoCondeMember"
      id="Tag6849">111.4% of the DI</ifrs-full:BorrowingsInterestRateBasis>
    <ugp:NumberOfDebenturesDistributedThroughPublicOffer
      contextRef="D20210331_DebentureTwelveMember_DebenturesSecondIssueMember_UltracargoLogisticaSAMember"
      decimals="0"
      id="Tag4156"
      unitRef="Debentures">100000</ugp:NumberOfDebenturesDistributedThroughPublicOffer>
    <ugp:FaceValuePerDebtInstrument
      contextRef="I20211231_DebentureTwelveMember_DebenturesSecondIssueMember_UltracargoLogisticaSAMember"
      decimals="2"
      id="Tag7036"
      unitRef="BRLPerShare">1000</ugp:FaceValuePerDebtInstrument>
    <ifrs-full:BorrowingsMaturity
      contextRef="D20211231_DebentureTwelveMember_DebenturesSecondIssueMember_UltracargoLogisticaSAMember"
      id="Tag3993">March 15, 2028</ifrs-full:BorrowingsMaturity>
    <ugp:DebenturePaymentOfFaceValueDescription
      contextRef="D20211231_DebentureTwelveMember_DebenturesSecondIssueMember_UltracargoLogisticaSAMember"
      id="Tag6848">Lump sum at final maturity</ugp:DebenturePaymentOfFaceValueDescription>
    <ifrs-full:BorrowingsInterestRateBasis
      contextRef="D20211231_DebentureTwelveMember_DebenturesSecondIssueMember_UltracargoLogisticaSAMember"
      id="Tag4115">IPCA + 4.37%</ifrs-full:BorrowingsInterestRateBasis>
    <ugp:DebenturePaymentOfInterestDescription
      contextRef="D20211231_DebentureTwelveMember_DebenturesSecondIssueMember_UltracargoLogisticaSAMember"
      id="Tag6845">Semiannually</ugp:DebenturePaymentOfInterestDescription>
    <ugp:DebentureReprice
      contextRef="D20211231_DebentureTwelveMember_DebenturesSecondIssueMember_UltracargoLogisticaSAMember"
      id="Tag4202">Not applicable</ugp:DebentureReprice>
    <ifrs-full:BorrowingsInterestRateBasis
      contextRef="D20211231_DebenturesSecondIssueMember_UltracargoLogisticaSAMember"
      id="Tag56">111.4% of the DI</ifrs-full:BorrowingsInterestRateBasis>
    <ifrs-full:NotionalAmount
      contextRef="I20210930_DebentureThirteenMember_DebenturesTenthIssueMember_IpirangaProdutosdePetroleoSAMember"
      decimals="-3"
      id="Tag4196"
      unitRef="BRL">960000000</ifrs-full:NotionalAmount>
    <ugp:NumberOfDebenturesDistributedThroughPublicOffer
      contextRef="D20210930_DebentureThirteenMember_DebenturesTenthIssueMember_IpirangaProdutosdePetroleoSAMember"
      decimals="0"
      id="Tag3869"
      unitRef="Pure">960000</ugp:NumberOfDebenturesDistributedThroughPublicOffer>
    <ifrs-full:NotionalAmount
      contextRef="I20211231_DebentureThirteenMember_DebenturesTenthIssueMember_IpirangaProdutosdePetroleoSAMember"
      decimals="-3"
      id="Tag4149"
      unitRef="BRL">960000000</ifrs-full:NotionalAmount>
    <ugp:FaceValuePerDebtInstrument
      contextRef="I20211231_DebentureThirteenMember_DebenturesTenthIssueMember_IpirangaProdutosdePetroleoSAMember"
      decimals="2"
      id="Tag4151"
      unitRef="BRLPerShare">1000</ugp:FaceValuePerDebtInstrument>
    <ifrs-full:BorrowingsMaturity
      contextRef="D20211231_DebentureThirteenMember_DebenturesTenthIssueMember_IpirangaProdutosdePetroleoSAMember"
      id="Tag4457">September 15, 2028</ifrs-full:BorrowingsMaturity>
    <ugp:DebenturePaymentOfFaceValueDescription
      contextRef="D20211231_DebentureThirteenMember_DebenturesTenthIssueMember_IpirangaProdutosdePetroleoSAMember"
      id="Tag4017">Lump sum at final maturity</ugp:DebenturePaymentOfFaceValueDescription>
    <ifrs-full:BorrowingsInterestRateBasis
      contextRef="D20211231_DebentureThirteenMember_DebenturesTenthIssueMember_IpirangaProdutosdePetroleoSAMember"
      id="Tag4255">IPCA + 4.83%</ifrs-full:BorrowingsInterestRateBasis>
    <ugp:DebenturePaymentOfInterestDescription
      contextRef="D20211231_DebentureThirteenMember_DebenturesTenthIssueMember_IpirangaProdutosdePetroleoSAMember"
      id="Tag129">Semiannually</ugp:DebenturePaymentOfInterestDescription>
    <ugp:DebentureReprice
      contextRef="D20211231_DebentureThirteenMember_DebenturesTenthIssueMember_IpirangaProdutosdePetroleoSAMember"
      id="Tag4016">Not applicable</ugp:DebentureReprice>
    <ifrs-full:BorrowingsInterestRateBasis
      contextRef="D20211231_DebenturesTenthIssueMember_IpirangaProdutosdePetroleoSAMember"
      id="Tag4298">IPCA to 102.75% of the DI</ifrs-full:BorrowingsInterestRateBasis>
    <ugp:SummaryOfLoanAndDebentureMaturityDistributionTableTextBlock contextRef="D20211231_3" id="Tag3744">
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; margin-left: 65px; font-family: 'times new roman', times;"&gt;The debentures have maturity dates distributed as shown below (includes accrued interest through December 31, 2021):&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_PGYND8HS8000000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 235px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Maturity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 14px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 14px; background-color: #cceeff; width: 82%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;Charges &lt;span style="font-size: 8pt;"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 14px; background-color: #cceeff; width: 5%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 14px; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (22,759 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 14px; background-color: #cceeff; width: 1%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Apr/2022 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 660,139 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Jul/2022 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 750,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Oct/2022 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 730,384 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Mar/2023 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,725,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Dec/2023 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 660,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Apr/2024 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 443,944 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Oct/2024 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 267,316 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Nov/2024 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 90,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Dec/2025 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 287,294 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Mar/2028 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 498,474 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Sep/&lt;span style="border-left: none; border-right: none;"&gt;2028&lt;/span&gt; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 996,977 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 7,086,769 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;sup&gt;&lt;sup&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 6pt; vertical-align: super;"&gt; &lt;/span&gt;&lt;/sup&gt;&lt;/sup&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;sup&gt;&lt;sup&gt;&lt;span style="vertical-align: super;"&gt;(1)&lt;/span&gt;&lt;/sup&gt;&lt;/sup&gt; &lt;span style="border-right: none; border-left: none;"&gt;Includes interest, transaction cost and fair value adjustments.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
</ugp:SummaryOfLoanAndDebentureMaturityDistributionTableTextBlock>
    <ifrs-full:BorrowingCostsRecognisedAsExpense
      contextRef="D20211231_DebenturesMember"
      decimals="-3"
      id="Tag3982"
      unitRef="BRL">22759000</ifrs-full:BorrowingCostsRecognisedAsExpense>
    <ifrs-full:NotesAndDebenturesIssued
      contextRef="I20211231_MaturityOneMember_DebenturesMember"
      decimals="-3"
      id="Tag4203"
      unitRef="BRL">660139000</ifrs-full:NotesAndDebenturesIssued>
    <ifrs-full:NotesAndDebenturesIssued
      contextRef="I20211231_MaturityTwoMember_DebenturesMember"
      decimals="-3"
      id="Tag3983"
      unitRef="BRL">750000000</ifrs-full:NotesAndDebenturesIssued>
    <ifrs-full:NotesAndDebenturesIssued
      contextRef="I20211231_MaturityThreeMember_DebenturesMember"
      decimals="-3"
      id="Tag5304"
      unitRef="BRL">730384000</ifrs-full:NotesAndDebenturesIssued>
    <ifrs-full:NotesAndDebenturesIssued
      contextRef="I20211231_MaturityFourMember_DebenturesMember"
      decimals="-3"
      id="Tag6822"
      unitRef="BRL">1725000000</ifrs-full:NotesAndDebenturesIssued>
    <ifrs-full:NotesAndDebenturesIssued
      contextRef="I20211231_MaturityFiveMember_DebenturesMember"
      decimals="-3"
      id="Tag4223"
      unitRef="BRL">660000000</ifrs-full:NotesAndDebenturesIssued>
    <ifrs-full:NotesAndDebenturesIssued
      contextRef="I20211231_MaturitySixMember_DebenturesMember"
      decimals="-3"
      id="Tag1643"
      unitRef="BRL">443944000</ifrs-full:NotesAndDebenturesIssued>
    <ifrs-full:NotesAndDebenturesIssued
      contextRef="I20211231_MaturitySevenMember_DebenturesMember"
      decimals="-3"
      id="Tag123"
      unitRef="BRL">267316000</ifrs-full:NotesAndDebenturesIssued>
    <ifrs-full:NotesAndDebenturesIssued
      contextRef="I20211231_MaturityEightMember_DebenturesMember"
      decimals="-3"
      id="Tag6841"
      unitRef="BRL">90000000</ifrs-full:NotesAndDebenturesIssued>
    <ifrs-full:NotesAndDebenturesIssued
      contextRef="I20211231_MaturityNineMember_DebenturesMember"
      decimals="-3"
      id="Tag4273"
      unitRef="BRL">287294000</ifrs-full:NotesAndDebenturesIssued>
    <ifrs-full:NotesAndDebenturesIssued
      contextRef="I20211231_MaturityTenMember_DebenturesMember"
      decimals="-3"
      id="Tag206"
      unitRef="BRL">498474000</ifrs-full:NotesAndDebenturesIssued>
    <ifrs-full:NotesAndDebenturesIssued
      contextRef="I20211231_MaturityElevenMember_DebenturesMember"
      decimals="-3"
      id="Tag3923"
      unitRef="BRL">996977000</ifrs-full:NotesAndDebenturesIssued>
    <ifrs-full:NotesAndDebenturesIssued
      contextRef="I20211231_DebenturesMember"
      decimals="-3"
      id="Tag4234"
      unitRef="BRL">7086769000</ifrs-full:NotesAndDebenturesIssued>
    <ugp:NumberOfDebtInstrumentsIssued
      contextRef="D20200430_UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt6thApril2021Member_IpirangaProdutosdePetroleoSAMember"
      decimals="0"
      id="Tag6823"
      unitRef="Notes">40</ugp:NumberOfDebtInstrumentsIssued>
    <ugp:ScheduleOfNotesPayableTableTextBlock contextRef="D20211231_3" id="Tag3656">
&lt;table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding: 0px; vertical-align: top; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Face value unit: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: top; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; R$ 25,000,000.00 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding: 0px; vertical-align: top; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Final maturity: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: top; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; April 6, 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding: 0px; vertical-align: top; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of the face value: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: top; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Lump sum at final maturity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding: 0px; vertical-align: top; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: top; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; DI + 3.10% &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding: 0px; vertical-align: top; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payment of interest: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: top; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Lump sum at final maturity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding: 0px; vertical-align: top; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Reprice: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: top; width: 50%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Not applicable &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
</ugp:ScheduleOfNotesPayableTableTextBlock>
    <ifrs-full:NotionalAmount
      contextRef="I20200430_UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt6thApril2021Member_IpirangaProdutosdePetroleoSAMember"
      decimals="2"
      id="Tag4152"
      unitRef="BRL">25000000</ifrs-full:NotionalAmount>
    <ifrs-full:BorrowingsMaturity
      contextRef="D20200430_UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt6thApril2021Member_IpirangaProdutosdePetroleoSAMember"
      id="Tag4270">April 6, 2021</ifrs-full:BorrowingsMaturity>
    <ugp:DescriptionOfPaymentOfFaceValueOfBorrowings
      contextRef="D20200430_UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt6thApril2021Member_IpirangaProdutosdePetroleoSAMember"
      id="Tag4071">Lump sum at final maturity</ugp:DescriptionOfPaymentOfFaceValueOfBorrowings>
    <ifrs-full:BorrowingsInterestRateBasis
      contextRef="D20200430_UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt6thApril2021Member_IpirangaProdutosdePetroleoSAMember"
      id="Tag4013">DI + 3.10%</ifrs-full:BorrowingsInterestRateBasis>
    <ugp:DescriptionOfPaymentOfInterestOfBorrowings
      contextRef="D20200430_UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt6thApril2021Member_IpirangaProdutosdePetroleoSAMember"
      id="Tag4551">Lump sum at final maturity</ugp:DescriptionOfPaymentOfInterestOfBorrowings>
    <ugp:DescriptionOfBorrowingsReprice
      contextRef="D20200430_UnsecuredCommercialNotesPayableNotConvertibleIntoSharesMaturityAt6thApril2021Member_IpirangaProdutosdePetroleoSAMember"
      id="Tag4222">Not applicable</ugp:DescriptionOfBorrowingsReprice>
    <ugp:SummaryOfTransactionCostsTextBlock contextRef="D20211231_3" id="Tag3745">
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;Transaction costs incurred in issuing debt were deducted from the value of the related financial instruments and are recognized as an expense according to the effective interest rate method as follows:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_PO4ZBAAMGW00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 105px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 41.8953%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Effective rate of transaction costs (% p.a.) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.08063%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Incurred cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Amortization &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.16376%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 7.8138%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-family: 'times new roman', times;"&gt; Reclassification to liabilities held for sale (i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 41.8953%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Debentures (f) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 0.2 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.08063%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 28,348 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 40,953 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (14,811 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.16376%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.8138%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 54,490 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 41.8953%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Notes in the foreign market (b) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 0.1 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.08063%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 37,112 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (4,890 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.16376%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.8138%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (4,204 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 28,018 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 41.8953%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Notes (g) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.08063%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,318 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,318 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.16376%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.8138%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 41.8953%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Banco do Brasil (e) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 0.1 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.08063%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 332 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (256 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.16376%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.8138%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 76 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 41.8953%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 18px; width: 1.08063%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 67,110 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 40,953 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (21,275 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 0.997506%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.16376%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 7.8138%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (4,204 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 0.997506%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 7.98005%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 82,584 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt;(i) &lt;span style="border-right: none; border-left: none;"&gt;See Note &lt;span style="border-left: none; border-right: none;"&gt;3&lt;/span&gt;.c.&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_T3UA1LB77K00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 129px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 41.3613%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 9.84293%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Effective rate of transaction costs (% p.a.) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 9.94764%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.04712%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 9.84293%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Incurred cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.04712%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 9.94764%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Amortization &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.04712%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 9.94764%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.04712%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 41.3613%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Debentures (f) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.84293%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 0.2 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.94764%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 41,406 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.84293%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.94764%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (13,058 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.94764%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 28,348 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 41.3613%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Notes in the foreign market (b) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 9.84293%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 0.1 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.94764%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 28,114 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.84293%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 13,263 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.94764%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (4,265 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.94764%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 37,112 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 41.3613%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Notes (g) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.84293%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 0.5 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.94764%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.84293%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 6,802 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.94764%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (5,484 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.94764%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,318 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 41.3613%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Banco do Brasil (e) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 9.84293%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 0.1 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.94764%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 770 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.84293%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.94764%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (438 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.94764%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 332 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 41.3613%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Foreign loans (c) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.84293%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.94764%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 94 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.84293%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.94764%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (94 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.94764%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 41.3613%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Others &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 9.84293%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.94764%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,382 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.84293%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.94764%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,382 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.94764%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04712%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 41.3613%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.84293%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 9.94764%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 71,766 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 9.84293%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 20,065 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 9.94764%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (24,721 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.04712%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.25654%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 9.94764%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 67,110 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 17px; background-color: #cceeff; width: 1.04712%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div&gt;
&lt;div id="t_ft_JHW8YY9F1S00000000000000000000b"&gt;

&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;div id="t_ft_X009I0W67K00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 132px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 29px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 41.8953%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Effective rate of transaction costs (% p.a.) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 1.08063%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 9.89194%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2018 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Incurred cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Amortization &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 29px; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 41.8953%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Debentures (g) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 0.2 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.08063%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.89194%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 56,376 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 692 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (15,662 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 41,406 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 41.8953%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Notes in the foreign market (b) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 0.1 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.08063%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.89194%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 13,881 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 18,442 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (4,209 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 28,114 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 41.8953%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Banco do Brasil (f) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 0.2 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.08063%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.89194%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,437 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (2,667 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 770 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 41.8953%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Foreign loans (c) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.08063%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.89194%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 331 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (237 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 94 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 41.8953%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Others &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 0.2 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.08063%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.89194%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 2,432 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (1,050 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.997506%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 1,382 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 41.8953%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 18px; width: 1.08063%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 9.89194%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 76,457 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 19,134 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; (23,825 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 71,766 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
</ugp:SummaryOfTransactionCostsTextBlock>
    <ugp:EffectiveRateOfTransactionCosts
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    <ugp:TransactionCostsFinancialInstruments
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      id="Tag210"
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    <ugp:TransactionCostAmortization
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      contextRef="D20211231_NotesInForeignMarketMember"
      decimals="-3"
      id="Tag3981"
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    <ugp:TransactionCostsFinancialInstruments
      contextRef="I20211231_NotesInForeignMarketMember"
      decimals="-3"
      id="Tag4220"
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    <ugp:TransactionCostsFinancialInstruments
      contextRef="I20201231_UnsecuredNotesPayableNotConvertibleIntoSharesMember"
      decimals="-3"
      id="Tag4039"
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      id="Tag4276"
      unitRef="BRL"
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    <ugp:TransactionCostAmortization
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      id="Tag4246"
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    <ugp:EffectiveRateOfTransactionCosts
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      decimals="3"
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      unitRef="Pure">0.001</ugp:EffectiveRateOfTransactionCosts>
    <ugp:TransactionCostsFinancialInstruments
      contextRef="I20201231_BancoDoBrasilMember"
      decimals="-3"
      id="Tag3918"
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    <ugp:IncurredTransactionCost
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    <ugp:TransactionCostAmortization
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      decimals="-3"
      id="Tag4065"
      unitRef="BRL">256000</ugp:TransactionCostAmortization>
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    <ugp:TransactionCostsFinancialInstruments
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      id="Tag6833"
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    <ugp:TransactionCostsFinancialInstruments
      contextRef="I20201231"
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      id="Tag4166"
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    <ugp:IncurredTransactionCost
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag3897"
      unitRef="BRL">40953000</ugp:IncurredTransactionCost>
    <ugp:TransactionCostAmortization
      contextRef="D20211231_3"
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      id="Tag6824"
      unitRef="BRL">21275000</ugp:TransactionCostAmortization>
    <ugp:DecreaseThroughClassifiedAsHeldForSaleAccumulatedTransactionCosts
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag4015"
      unitRef="BRL">4204000</ugp:DecreaseThroughClassifiedAsHeldForSaleAccumulatedTransactionCosts>
    <ugp:TransactionCostsFinancialInstruments
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      unitRef="Pure">0.002</ugp:EffectiveRateOfTransactionCosts>
    <ugp:TransactionCostsFinancialInstruments
      contextRef="I20191231_DebenturesMember"
      decimals="-3"
      id="Tag3984"
      unitRef="BRL">41406000</ugp:TransactionCostsFinancialInstruments>
    <ugp:IncurredTransactionCost
      contextRef="D20201231_DebenturesMember"
      id="Tag6829"
      unitRef="BRL"
      xsi:nil="true"/>
    <ugp:TransactionCostAmortization
      contextRef="D20201231_DebenturesMember"
      decimals="-3"
      id="Tag7031"
      unitRef="BRL">13058000</ugp:TransactionCostAmortization>
    <ugp:TransactionCostsFinancialInstruments
      contextRef="I20201231_DebenturesMember"
      decimals="-3"
      id="Tag4224"
      unitRef="BRL">28348000</ugp:TransactionCostsFinancialInstruments>
    <ugp:EffectiveRateOfTransactionCosts
      contextRef="D20201231_NotesInForeignMarketMember"
      decimals="3"
      id="Tag3926"
      unitRef="Pure">0.001</ugp:EffectiveRateOfTransactionCosts>
    <ugp:TransactionCostsFinancialInstruments
      contextRef="I20191231_NotesInForeignMarketMember"
      decimals="-3"
      id="Tag4552"
      unitRef="BRL">28114000</ugp:TransactionCostsFinancialInstruments>
    <ugp:IncurredTransactionCost
      contextRef="D20201231_NotesInForeignMarketMember"
      decimals="-3"
      id="Tag4266"
      unitRef="BRL">13263000</ugp:IncurredTransactionCost>
    <ugp:TransactionCostAmortization
      contextRef="D20201231_NotesInForeignMarketMember"
      decimals="-3"
      id="Tag4154"
      unitRef="BRL">4265000</ugp:TransactionCostAmortization>
    <ugp:TransactionCostsFinancialInstruments
      contextRef="I20201231_NotesInForeignMarketMember"
      decimals="-3"
      id="Tag3924"
      unitRef="BRL">37112000</ugp:TransactionCostsFinancialInstruments>
    <ugp:EffectiveRateOfTransactionCosts
      contextRef="D20201231_UnsecuredNotesPayableNotConvertibleIntoSharesMember"
      decimals="3"
      id="Tag204"
      unitRef="Pure">0.005</ugp:EffectiveRateOfTransactionCosts>
    <ugp:TransactionCostsFinancialInstruments
      contextRef="I20191231_UnsecuredNotesPayableNotConvertibleIntoSharesMember"
      id="Tag4021"
      unitRef="BRL"
      xsi:nil="true"/>
    <ugp:IncurredTransactionCost
      contextRef="D20201231_UnsecuredNotesPayableNotConvertibleIntoSharesMember"
      decimals="-3"
      id="Tag4074"
      unitRef="BRL">6802000</ugp:IncurredTransactionCost>
    <ugp:TransactionCostAmortization
      contextRef="D20201231_UnsecuredNotesPayableNotConvertibleIntoSharesMember"
      decimals="-3"
      id="Tag4198"
      unitRef="BRL">5484000</ugp:TransactionCostAmortization>
    <ugp:TransactionCostsFinancialInstruments
      contextRef="I20201231_UnsecuredNotesPayableNotConvertibleIntoSharesMember"
      decimals="-3"
      id="Tag4161"
      unitRef="BRL">1318000</ugp:TransactionCostsFinancialInstruments>
    <ugp:EffectiveRateOfTransactionCosts
      contextRef="D20201231_BancoDoBrasilMember"
      decimals="3"
      id="Tag4305"
      unitRef="Pure">0.001</ugp:EffectiveRateOfTransactionCosts>
    <ugp:TransactionCostsFinancialInstruments
      contextRef="I20191231_BancoDoBrasilMember"
      decimals="-3"
      id="Tag122"
      unitRef="BRL">770000</ugp:TransactionCostsFinancialInstruments>
    <ugp:IncurredTransactionCost
      contextRef="D20201231_BancoDoBrasilMember"
      id="Tag6836"
      unitRef="BRL"
      xsi:nil="true"/>
    <ugp:TransactionCostAmortization
      contextRef="D20201231_BancoDoBrasilMember"
      decimals="-3"
      id="Tag3894"
      unitRef="BRL">438000</ugp:TransactionCostAmortization>
    <ugp:TransactionCostsFinancialInstruments
      contextRef="I20201231_BancoDoBrasilMember"
      decimals="-3"
      id="Tag4159"
      unitRef="BRL">332000</ugp:TransactionCostsFinancialInstruments>
    <ugp:TransactionCostsFinancialInstruments
      contextRef="I20191231_ForeignLoansMember"
      decimals="-3"
      id="Tag4073"
      unitRef="BRL">94000</ugp:TransactionCostsFinancialInstruments>
    <ugp:IncurredTransactionCost
      contextRef="D20201231_ForeignLoansMember"
      id="Tag4267"
      unitRef="BRL"
      xsi:nil="true"/>
    <ugp:TransactionCostAmortization
      contextRef="D20201231_ForeignLoansMember"
      decimals="-3"
      id="Tag3705"
      unitRef="BRL">94000</ugp:TransactionCostAmortization>
    <ugp:TransactionCostsFinancialInstruments
      contextRef="I20201231_ForeignLoansMember"
      id="Tag251"
      unitRef="BRL"
      xsi:nil="true"/>
    <ugp:TransactionCostsFinancialInstruments
      contextRef="I20191231_OtherTransactionCostsMember"
      decimals="-3"
      id="Tag4277"
      unitRef="BRL">1382000</ugp:TransactionCostsFinancialInstruments>
    <ugp:IncurredTransactionCost
      contextRef="D20201231_OtherTransactionCostsMember"
      id="Tag4215"
      unitRef="BRL"
      xsi:nil="true"/>
    <ugp:TransactionCostAmortization
      contextRef="D20201231_OtherTransactionCostsMember"
      decimals="-3"
      id="Tag4148"
      unitRef="BRL">1382000</ugp:TransactionCostAmortization>
    <ugp:TransactionCostsFinancialInstruments
      contextRef="I20201231_OtherTransactionCostsMember"
      id="Tag6817"
      unitRef="BRL"
      xsi:nil="true"/>
    <ugp:TransactionCostsFinancialInstruments
      contextRef="I20191231"
      decimals="-3"
      id="Tag6853"
      unitRef="BRL">71766000</ugp:TransactionCostsFinancialInstruments>
    <ugp:IncurredTransactionCost
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag2150"
      unitRef="BRL">20065000</ugp:IncurredTransactionCost>
    <ugp:TransactionCostAmortization
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag207"
      unitRef="BRL">24721000</ugp:TransactionCostAmortization>
    <ugp:TransactionCostsFinancialInstruments
      contextRef="I20201231"
      decimals="-3"
      id="Tag4206"
      unitRef="BRL">67110000</ugp:TransactionCostsFinancialInstruments>
    <ugp:EffectiveRateOfTransactionCosts
      contextRef="D20191231_DebenturesMember"
      decimals="3"
      id="Tag6840"
      unitRef="Pure">0.002</ugp:EffectiveRateOfTransactionCosts>
    <ugp:TransactionCostsFinancialInstruments
      contextRef="I20181231_DebenturesMember"
      decimals="-3"
      id="Tag3863"
      unitRef="BRL">56376000</ugp:TransactionCostsFinancialInstruments>
    <ugp:IncurredTransactionCost
      contextRef="D20191231_DebenturesMember"
      decimals="-3"
      id="Tag4225"
      unitRef="BRL">692000</ugp:IncurredTransactionCost>
    <ugp:TransactionCostAmortization
      contextRef="D20191231_DebenturesMember"
      decimals="-3"
      id="Tag105"
      unitRef="BRL">15662000</ugp:TransactionCostAmortization>
    <ugp:TransactionCostsFinancialInstruments
      contextRef="I20191231_DebenturesMember"
      decimals="-3"
      id="Tag4027"
      unitRef="BRL">41406000</ugp:TransactionCostsFinancialInstruments>
    <ugp:EffectiveRateOfTransactionCosts
      contextRef="D20191231_NotesInForeignMarketMember"
      decimals="3"
      id="Tag6862"
      unitRef="Pure">0.001</ugp:EffectiveRateOfTransactionCosts>
    <ugp:TransactionCostsFinancialInstruments
      contextRef="I20181231_NotesInForeignMarketMember"
      decimals="-3"
      id="Tag4164"
      unitRef="BRL">13881000</ugp:TransactionCostsFinancialInstruments>
    <ugp:IncurredTransactionCost
      contextRef="D20191231_NotesInForeignMarketMember"
      decimals="-3"
      id="Tag4441"
      unitRef="BRL">18442000</ugp:IncurredTransactionCost>
    <ugp:TransactionCostAmortization
      contextRef="D20191231_NotesInForeignMarketMember"
      decimals="-3"
      id="Tag4558"
      unitRef="BRL">4209000</ugp:TransactionCostAmortization>
    <ugp:TransactionCostsFinancialInstruments
      contextRef="I20191231_NotesInForeignMarketMember"
      decimals="-3"
      id="Tag6844"
      unitRef="BRL">28114000</ugp:TransactionCostsFinancialInstruments>
    <ugp:EffectiveRateOfTransactionCosts
      contextRef="D20191231_BancoDoBrasilMember"
      decimals="3"
      id="Tag4427"
      unitRef="Pure">0.002</ugp:EffectiveRateOfTransactionCosts>
    <ugp:TransactionCostsFinancialInstruments
      contextRef="I20181231_BancoDoBrasilMember"
      decimals="-3"
      id="Tag250"
      unitRef="BRL">3437000</ugp:TransactionCostsFinancialInstruments>
    <ugp:IncurredTransactionCost
      contextRef="D20191231_BancoDoBrasilMember"
      id="Tag7035"
      unitRef="BRL"
      xsi:nil="true"/>
    <ugp:TransactionCostAmortization
      contextRef="D20191231_BancoDoBrasilMember"
      decimals="-3"
      id="Tag6859"
      unitRef="BRL">2667000</ugp:TransactionCostAmortization>
    <ugp:TransactionCostsFinancialInstruments
      contextRef="I20191231_BancoDoBrasilMember"
      decimals="-3"
      id="Tag3835"
      unitRef="BRL">770000</ugp:TransactionCostsFinancialInstruments>
    <ugp:EffectiveRateOfTransactionCosts
      contextRef="D20191231_ForeignLoansMember"
      id="Tag4030"
      unitRef="Pure"
      xsi:nil="true"/>
    <ugp:TransactionCostsFinancialInstruments
      contextRef="I20181231_ForeignLoansMember"
      decimals="-3"
      id="Tag2152"
      unitRef="BRL">331000</ugp:TransactionCostsFinancialInstruments>
    <ugp:IncurredTransactionCost
      contextRef="D20191231_ForeignLoansMember"
      id="Tag4443"
      unitRef="BRL"
      xsi:nil="true"/>
    <ugp:TransactionCostAmortization
      contextRef="D20191231_ForeignLoansMember"
      decimals="-3"
      id="Tag4067"
      unitRef="BRL">237000</ugp:TransactionCostAmortization>
    <ugp:TransactionCostsFinancialInstruments
      contextRef="I20191231_ForeignLoansMember"
      decimals="-3"
      id="Tag4245"
      unitRef="BRL">94000</ugp:TransactionCostsFinancialInstruments>
    <ugp:EffectiveRateOfTransactionCosts
      contextRef="D20191231_OtherTransactionCostsMember"
      decimals="3"
      id="Tag4280"
      unitRef="Pure">0.002</ugp:EffectiveRateOfTransactionCosts>
    <ugp:TransactionCostsFinancialInstruments
      contextRef="I20181231_OtherTransactionCostsMember"
      decimals="-3"
      id="Tag1413"
      unitRef="BRL">2432000</ugp:TransactionCostsFinancialInstruments>
    <ugp:IncurredTransactionCost
      contextRef="D20191231_OtherTransactionCostsMember"
      id="Tag4284"
      unitRef="BRL"
      xsi:nil="true"/>
    <ugp:TransactionCostAmortization
      contextRef="D20191231_OtherTransactionCostsMember"
      decimals="-3"
      id="Tag255"
      unitRef="BRL">1050000</ugp:TransactionCostAmortization>
    <ugp:TransactionCostsFinancialInstruments
      contextRef="I20191231_OtherTransactionCostsMember"
      decimals="-3"
      id="Tag4053"
      unitRef="BRL">1382000</ugp:TransactionCostsFinancialInstruments>
    <ugp:TransactionCostsFinancialInstruments
      contextRef="I20181231"
      decimals="-3"
      id="Tag120"
      unitRef="BRL">76457000</ugp:TransactionCostsFinancialInstruments>
    <ugp:IncurredTransactionCost
      contextRef="D20191231"
      decimals="-3"
      id="Tag7032"
      unitRef="BRL">19134000</ugp:IncurredTransactionCost>
    <ugp:TransactionCostAmortization
      contextRef="D20191231"
      decimals="-3"
      id="Tag4536"
      unitRef="BRL">23825000</ugp:TransactionCostAmortization>
    <ugp:TransactionCostsFinancialInstruments
      contextRef="I20191231"
      decimals="-3"
      id="Tag4176"
      unitRef="BRL">71766000</ugp:TransactionCostsFinancialInstruments>
    <ugp:SummaryOfAppropriatedProfitOrLossInFutureTableTextBlock contextRef="D20211231_3" id="Tag3657">
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;The amount to be appropriated to profit or loss in the future is as follows:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_BBO0H66Q5C00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 79px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 16.9576%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Up to 1 year &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 1 to 2 years &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 10.0582%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 2 to 3 years &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 3 to 4 years &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 4 to 5 years &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; More than 5 years &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 0.831255%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.16376%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 16.9576%; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Debentures (f) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 9.97506%; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 15,060 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.997506%; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.997506%; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 9.97506%; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 11,129 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.997506%; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.997506%; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 10.0582%; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 6,990 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.997506%; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.997506%; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 9.97506%; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 6,075 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.997506%; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.997506%; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 9.97506%; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 5,886 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.997506%; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.997506%; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 9.97506%; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 9,350 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.831255%; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.16376%; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 9.97506%; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 54,490 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.08063%; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 16.9576%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Notes in the foreign market (b) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 4,126 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 4,128 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0582%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 4,143 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 4,135 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 3,897 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 7,589 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.831255%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.16376%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 28,018 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 16.9576%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Banco do Brasil (e) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 76 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0582%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.831255%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.16376%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 76 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 16.9576%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 19,262 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 15,257 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 10.0582%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 11,133 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 10,210 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 9,783 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.997506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 16,939 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 0.831255%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.16376%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 9.97506%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 82,584 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; width: 1.08063%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
</ugp:SummaryOfAppropriatedProfitOrLossInFutureTableTextBlock>
    <ugp:AmountAppropriatedToProfitOrLossInFuture
      contextRef="I20211231_DebenturesMember_NotLaterThanOneYearMember"
      decimals="-3"
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      unitRef="BRL">15060000</ugp:AmountAppropriatedToProfitOrLossInFuture>
    <ugp:AmountAppropriatedToProfitOrLossInFuture
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      decimals="-3"
      id="Tag4418"
      unitRef="BRL">11129000</ugp:AmountAppropriatedToProfitOrLossInFuture>
    <ugp:AmountAppropriatedToProfitOrLossInFuture
      contextRef="I20211231_DebenturesMember_LaterThanTwoYearsAndNotLaterThanThreeYearsMember"
      decimals="-3"
      id="Tag6861"
      unitRef="BRL">6990000</ugp:AmountAppropriatedToProfitOrLossInFuture>
    <ugp:AmountAppropriatedToProfitOrLossInFuture
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      decimals="-3"
      id="Tag3893"
      unitRef="BRL">6075000</ugp:AmountAppropriatedToProfitOrLossInFuture>
    <ugp:AmountAppropriatedToProfitOrLossInFuture
      contextRef="I20211231_DebenturesMember_LaterThanFourYearsAndNotLaterThanFiveYearsMember"
      decimals="-3"
      id="Tag6827"
      unitRef="BRL">5886000</ugp:AmountAppropriatedToProfitOrLossInFuture>
    <ugp:AmountAppropriatedToProfitOrLossInFuture
      contextRef="I20211231_DebenturesMember_LaterThanFiveYearsMember"
      decimals="-3"
      id="Tag1485"
      unitRef="BRL">9350000</ugp:AmountAppropriatedToProfitOrLossInFuture>
    <ugp:AmountAppropriatedToProfitOrLossInFuture
      contextRef="I20211231_DebenturesMember"
      decimals="-3"
      id="Tag6830"
      unitRef="BRL">54490000</ugp:AmountAppropriatedToProfitOrLossInFuture>
    <ugp:AmountAppropriatedToProfitOrLossInFuture
      contextRef="I20211231_NotesInForeignMarketMember_NotLaterThanOneYearMember"
      decimals="-3"
      id="Tag252"
      unitRef="BRL">4126000</ugp:AmountAppropriatedToProfitOrLossInFuture>
    <ugp:AmountAppropriatedToProfitOrLossInFuture
      contextRef="I20211231_NotesInForeignMarketMember_LaterThanOneYearAndNotLaterThanTwoYearsMember"
      decimals="-3"
      id="Tag4444"
      unitRef="BRL">4128000</ugp:AmountAppropriatedToProfitOrLossInFuture>
    <ugp:AmountAppropriatedToProfitOrLossInFuture
      contextRef="I20211231_NotesInForeignMarketMember_LaterThanTwoYearsAndNotLaterThanThreeYearsMember"
      decimals="-3"
      id="Tag4201"
      unitRef="BRL">4143000</ugp:AmountAppropriatedToProfitOrLossInFuture>
    <ugp:AmountAppropriatedToProfitOrLossInFuture
      contextRef="I20211231_NotesInForeignMarketMember_LaterThanThreeYearsAndNotLaterThanFourYearsMember"
      decimals="-3"
      id="Tag4275"
      unitRef="BRL">4135000</ugp:AmountAppropriatedToProfitOrLossInFuture>
    <ugp:AmountAppropriatedToProfitOrLossInFuture
      contextRef="I20211231_NotesInForeignMarketMember_LaterThanFourYearsAndNotLaterThanFiveYearsMember"
      decimals="-3"
      id="Tag4163"
      unitRef="BRL">3897000</ugp:AmountAppropriatedToProfitOrLossInFuture>
    <ugp:AmountAppropriatedToProfitOrLossInFuture
      contextRef="I20211231_NotesInForeignMarketMember_LaterThanFiveYearsMember"
      decimals="-3"
      id="Tag4426"
      unitRef="BRL">7589000</ugp:AmountAppropriatedToProfitOrLossInFuture>
    <ugp:AmountAppropriatedToProfitOrLossInFuture
      contextRef="I20211231_NotesInForeignMarketMember"
      decimals="-3"
      id="Tag4258"
      unitRef="BRL">28018000</ugp:AmountAppropriatedToProfitOrLossInFuture>
    <ugp:AmountAppropriatedToProfitOrLossInFuture
      contextRef="I20211231_BancoDoBrasilMember_NotLaterThanOneYearMember"
      decimals="-3"
      id="Tag6850"
      unitRef="BRL">76000</ugp:AmountAppropriatedToProfitOrLossInFuture>
    <ugp:AmountAppropriatedToProfitOrLossInFuture
      contextRef="I20211231_BancoDoBrasilMember_LaterThanOneYearAndNotLaterThanTwoYearsMember"
      id="Tag4042"
      unitRef="BRL"
      xsi:nil="true"/>
    <ugp:AmountAppropriatedToProfitOrLossInFuture
      contextRef="I20211231_BancoDoBrasilMember_LaterThanTwoYearsAndNotLaterThanThreeYearsMember"
      id="Tag3840"
      unitRef="BRL"
      xsi:nil="true"/>
    <ugp:AmountAppropriatedToProfitOrLossInFuture
      contextRef="I20211231_BancoDoBrasilMember_LaterThanThreeYearsAndNotLaterThanFourYearsMember"
      id="Tag42"
      unitRef="BRL"
      xsi:nil="true"/>
    <ugp:AmountAppropriatedToProfitOrLossInFuture
      contextRef="I20211231_BancoDoBrasilMember_LaterThanFourYearsAndNotLaterThanFiveYearsMember"
      id="Tag4442"
      unitRef="BRL"
      xsi:nil="true"/>
    <ugp:AmountAppropriatedToProfitOrLossInFuture
      contextRef="I20211231_BancoDoBrasilMember_LaterThanFiveYearsMember"
      id="Tag7037"
      unitRef="BRL"
      xsi:nil="true"/>
    <ugp:AmountAppropriatedToProfitOrLossInFuture
      contextRef="I20211231_BancoDoBrasilMember"
      decimals="-3"
      id="Tag6825"
      unitRef="BRL">76000</ugp:AmountAppropriatedToProfitOrLossInFuture>
    <ugp:AmountAppropriatedToProfitOrLossInFuture
      contextRef="I20211231_NotLaterThanOneYearMember_4"
      decimals="-3"
      id="Tag1644"
      unitRef="BRL">19262000</ugp:AmountAppropriatedToProfitOrLossInFuture>
    <ugp:AmountAppropriatedToProfitOrLossInFuture
      contextRef="I20211231_LaterThanOneYearAndNotLaterThanTwoYearsMember_4"
      decimals="-3"
      id="Tag4031"
      unitRef="BRL">15257000</ugp:AmountAppropriatedToProfitOrLossInFuture>
    <ugp:AmountAppropriatedToProfitOrLossInFuture
      contextRef="I20211231_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_4"
      decimals="-3"
      id="Tag4272"
      unitRef="BRL">11133000</ugp:AmountAppropriatedToProfitOrLossInFuture>
    <ugp:AmountAppropriatedToProfitOrLossInFuture
      contextRef="I20211231_LaterThanThreeYearsAndNotLaterThanFourYearsMember_1"
      decimals="-3"
      id="Tag3928"
      unitRef="BRL">10210000</ugp:AmountAppropriatedToProfitOrLossInFuture>
    <ugp:AmountAppropriatedToProfitOrLossInFuture
      contextRef="I20211231_LaterThanFourYearsAndNotLaterThanFiveYearsMember_1"
      decimals="-3"
      id="Tag3933"
      unitRef="BRL">9783000</ugp:AmountAppropriatedToProfitOrLossInFuture>
    <ugp:AmountAppropriatedToProfitOrLossInFuture
      contextRef="I20211231_LaterThanFiveYearsMember_1"
      decimals="-3"
      id="Tag4557"
      unitRef="BRL">16939000</ugp:AmountAppropriatedToProfitOrLossInFuture>
    <ugp:AmountAppropriatedToProfitOrLossInFuture
      contextRef="I20211231"
      decimals="-3"
      id="Tag3979"
      unitRef="BRL">82584000</ugp:AmountAppropriatedToProfitOrLossInFuture>
    <ifrs-full:ProvisionOfGuaranteesOrCollateralByEntityRelatedPartyTransactions
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag124"
      unitRef="BRL">75251000</ifrs-full:ProvisionOfGuaranteesOrCollateralByEntityRelatedPartyTransactions>
    <ugp:GuaranteesDebtors
      contextRef="I20211231"
      decimals="-3"
      id="Tag4212"
      unitRef="BRL">14151506000</ugp:GuaranteesDebtors>
    <ugp:GuaranteesDebtors
      contextRef="I20201231"
      decimals="-3"
      id="Tag4137"
      unitRef="BRL">13758033000</ugp:GuaranteesDebtors>
    <ugp:CollateralAssetsLettersOfCreditOrGuarantees
      contextRef="I20211231"
      decimals="-3"
      id="Tag4432"
      unitRef="BRL">118231000</ugp:CollateralAssetsLettersOfCreditOrGuarantees>
    <ugp:CollateralAssetsLettersOfCreditOrGuarantees
      contextRef="I20201231"
      decimals="-3"
      id="Tag3870"
      unitRef="BRL">129139000</ugp:CollateralAssetsLettersOfCreditOrGuarantees>
    <ifrs-full:DisclosureOfCollateralExplanatory contextRef="D20211231_3" id="Tag3658">
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The subsidiary IPP issued collateral to financial institutions in connection with the amounts payable by some of their customers to such institutions (vendor financing) as follows:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_H1UO6XR68G00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 95%; margin-right: auto; height: 85px;" width="95%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="4" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; IPP &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 72%; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 12%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 2%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 12%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Maximum amount of future payments related to such collateral&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 690,347 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 330,944 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Maturities of up to &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 49 months &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 46 months &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Fair value of collateral&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 9,923 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; 5,496 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
</ifrs-full:DisclosureOfCollateralExplanatory>
    <ugp:MaximumPotentialAmountOfFuturePaymentsOnGuarantees
      contextRef="I20211231_IpirangaProdutosdePetroleoSAMember"
      decimals="-3"
      id="Tag66"
      unitRef="BRL">690347000</ugp:MaximumPotentialAmountOfFuturePaymentsOnGuarantees>
    <ugp:MaximumPotentialAmountOfFuturePaymentsOnGuarantees
      contextRef="I20201231_IpirangaProdutosdePetroleoSAMember"
      decimals="-3"
      id="Tag4138"
      unitRef="BRL">330944000</ugp:MaximumPotentialAmountOfFuturePaymentsOnGuarantees>
    <ugp:CollateralFuturePaymentsMaturityPeriod
      contextRef="D20211231_IpirangaProdutosdePetroleoSAMember"
      id="Tag4033">P49M</ugp:CollateralFuturePaymentsMaturityPeriod>
    <ugp:CollateralFuturePaymentsMaturityPeriod
      contextRef="D20201231_IpirangaProdutosdePetroleoSAMember"
      id="Tag3871">P46M</ugp:CollateralFuturePaymentsMaturityPeriod>
    <ugp:GuaranteeLiabilities
      contextRef="I20211231_IpirangaProdutosdePetroleoSAMember"
      decimals="-3"
      id="Tag3895"
      unitRef="BRL">9923000</ugp:GuaranteeLiabilities>
    <ugp:GuaranteeLiabilities
      contextRef="I20201231_IpirangaProdutosdePetroleoSAMember"
      decimals="-3"
      id="Tag6811"
      unitRef="BRL">5496000</ugp:GuaranteeLiabilities>
    <ifrs-full:DisclosureOfTradeAndOtherPayablesExplanatory contextRef="D20211231_3" id="Tag6944">
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;&lt;span style="border-left: none; border-right: none;"&gt;18&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;. Trade &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;p&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;ayables&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;"&gt;a. Trade payables&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;table cellpadding="0" style="height: 94px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 73%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Domestic suppliers &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,010,912 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,306,398 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Domestic suppliers &#x2013; related parties (see Note 9.a) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,422 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 5,102 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Foreign suppliers &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 445,805 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 307,486 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 15px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 15px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Foreign suppliers - related parties (see Note 9.a) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 15px; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 212,756 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 15px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 15px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 15px; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 126,033 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,670,895 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,745,019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;Some Company&#x2019;s subsidiaries acquire oil-based fuels and LPG from Petrobras and its subsidiaries. These suppliers control almost all the markets for these products in Brazil. &lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;"&gt;b. Trade payables &#x2013; reverse factoring&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_EL96AZQ0Y800000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 92px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 73%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Domestic suppliers &#x2013; reverse factoring &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,948,033 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: rgb(204, 238, 255); width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,021,424 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: rgb(204, 238, 255); width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 23px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 23px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Domestic suppliers &#x2013; reverse factoring - related parties (see Note 9.a) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 23px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 89,339 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 23px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 23px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 23px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 61,989 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 23px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Foreign suppliers &#x2013; reverse factoring &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 81,687 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: rgb(204, 238, 255); height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 212,220 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: rgb(204, 238, 255); border-bottom: 1pt solid rgb(0, 0, 0); height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,119,059 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,295,633 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double rgb(0, 0, 0); height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;S&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ome subsidiaries of the Company entered into agreement&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; with a &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;financial institution&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. These agreements consist in the anticipation of the receipt of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;trade payables&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; by the supplier, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in which&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; the financial institution&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;prepay&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; a certain amount fr&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;om&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; the supplier and receives&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; on the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;maturity&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; date the amount &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;payable&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; by the subsidiaries of the Company. The decision to &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;join &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;this type of transaction is solely and exclusively &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; the supplier. The agreement does not &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;substantially&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;change the main characteristics of the commercial conditions previously established &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;between the subsidiaries of the Company and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the supplier&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. These &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;transactions&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; are presented &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;operating activities&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; in the statements of cash flow&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
</ifrs-full:DisclosureOfTradeAndOtherPayablesExplanatory>
    <ugp:SummaryOfTradePayablesTableTextBlock contextRef="D20211231_3" id="Tag256">
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;"&gt;a. Trade payables&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;table cellpadding="0" style="height: 94px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 73%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Domestic suppliers &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,010,912 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,306,398 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Domestic suppliers &#x2013; related parties (see Note 9.a) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,422 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 5,102 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Foreign suppliers &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 445,805 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 307,486 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 15px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 15px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Foreign suppliers - related parties (see Note 9.a) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 15px; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 212,756 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 15px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 15px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 15px; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 126,033 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,670,895 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,745,019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;Some Company&#x2019;s subsidiaries acquire oil-based fuels and LPG from Petrobras and its subsidiaries. These suppliers control almost all the markets for these products in Brazil. &lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;"&gt;b. Trade payables &#x2013; reverse factoring&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_EL96AZQ0Y800000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 92px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 73%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Domestic suppliers &#x2013; reverse factoring &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,948,033 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: rgb(204, 238, 255); width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,021,424 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: rgb(204, 238, 255); width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 23px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 23px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Domestic suppliers &#x2013; reverse factoring - related parties (see Note 9.a) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 23px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 89,339 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 23px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 23px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 23px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 61,989 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 23px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Foreign suppliers &#x2013; reverse factoring &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 81,687 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: rgb(204, 238, 255); height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 212,220 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: rgb(204, 238, 255); border-bottom: 1pt solid rgb(0, 0, 0); height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,119,059 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,295,633 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double rgb(0, 0, 0); height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
</ugp:SummaryOfTradePayablesTableTextBlock>
    <ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers
      contextRef="I20211231_DomesticSuppliersMember"
      decimals="-3"
      id="Tag4187"
      unitRef="BRL">3010912000</ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers>
    <ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers
      contextRef="I20201231_DomesticSuppliersMember"
      decimals="-3"
      id="Tag4182"
      unitRef="BRL">2306398000</ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers>
    <ifrs-full:TradeAndOtherPayablesToRelatedParties
      contextRef="I20211231_DomesticSuppliersMember"
      decimals="-3"
      id="Tag4180"
      unitRef="BRL">1422000</ifrs-full:TradeAndOtherPayablesToRelatedParties>
    <ifrs-full:TradeAndOtherPayablesToRelatedParties
      contextRef="I20201231_DomesticSuppliersMember"
      decimals="-3"
      id="Tag4181"
      unitRef="BRL">5102000</ifrs-full:TradeAndOtherPayablesToRelatedParties>
    <ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers
      contextRef="I20211231_ForeignSuppliersMember"
      decimals="-3"
      id="Tag4184"
      unitRef="BRL">445805000</ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers>
    <ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers
      contextRef="I20201231_ForeignSuppliersMember"
      decimals="-3"
      id="Tag4183"
      unitRef="BRL">307486000</ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers>
    <ifrs-full:TradeAndOtherPayablesToRelatedParties
      contextRef="I20211231_ForeignSuppliersMember"
      decimals="-3"
      id="Tag6925"
      unitRef="BRL">212756000</ifrs-full:TradeAndOtherPayablesToRelatedParties>
    <ifrs-full:TradeAndOtherPayablesToRelatedParties
      contextRef="I20201231_ForeignSuppliersMember"
      decimals="-3"
      id="Tag6924"
      unitRef="BRL">126033000</ifrs-full:TradeAndOtherPayablesToRelatedParties>
    <ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers
      contextRef="I20211231"
      decimals="-3"
      id="Tag4185"
      unitRef="BRL">3670895000</ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers>
    <ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers
      contextRef="I20201231"
      decimals="-3"
      id="Tag4186"
      unitRef="BRL">2745019000</ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers>
    <ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers
      contextRef="I20211231_DomesticSuppliersReverseFactoringMember"
      decimals="-3"
      id="Tag4195"
      unitRef="BRL">1948033000</ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers>
    <ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers
      contextRef="I20201231_DomesticSuppliersReverseFactoringMember"
      decimals="-3"
      id="Tag4194"
      unitRef="BRL">1021424000</ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers>
    <ifrs-full:TradeAndOtherPayablesToRelatedParties
      contextRef="I20211231_DomesticSuppliersReverseFactoringMember"
      decimals="-3"
      id="Tag4193"
      unitRef="BRL">89339000</ifrs-full:TradeAndOtherPayablesToRelatedParties>
    <ifrs-full:TradeAndOtherPayablesToRelatedParties
      contextRef="I20201231_DomesticSuppliersReverseFactoringMember"
      decimals="-3"
      id="Tag4192"
      unitRef="BRL">61989000</ifrs-full:TradeAndOtherPayablesToRelatedParties>
    <ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers
      contextRef="I20211231_ForeignSuppliersReverseFactoringMember"
      decimals="-3"
      id="Tag4191"
      unitRef="BRL">81687000</ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers>
    <ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers
      contextRef="I20201231_ForeignSuppliersReverseFactoringMember"
      decimals="-3"
      id="Tag4190"
      unitRef="BRL">212220000</ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers>
    <ugp:TradeCurrentPayablesReverseFactoring
      contextRef="I20211231"
      decimals="-3"
      id="Tag4189"
      unitRef="BRL">2119059000</ugp:TradeCurrentPayablesReverseFactoring>
    <ugp:TradeCurrentPayablesReverseFactoring
      contextRef="I20201231"
      decimals="-3"
      id="Tag4188"
      unitRef="BRL">1295633000</ugp:TradeCurrentPayablesReverseFactoring>
    <ugp:DisclosureOfSalariesAndRelatedChargesExplanatory contextRef="D20211231_3" id="Tag4097">
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify; font-family: 'Times New Roman'; font-weight: bold; font-size: 10PT;"&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;&lt;span style="border-left: none; border-right: none;"&gt;19&lt;/span&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;Salaries and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;r&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;elated &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;c&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;harges&lt;/span&gt;&lt;br/&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;

&lt;table cellpadding="0" style="height: 103px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7273%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160; &#160;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.8488%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.1236%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.22574%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.951%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.02145%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 72.7273%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Provisions on salaries&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 11.8488%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 136,938 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.1236%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.22574%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 11.951%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 195,286 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02145%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7273%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Profit sharing, bonus and premium &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.8488%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 132,390 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.1236%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22574%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.951%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 184,306 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.02145%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 72.7273%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Social charges &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 11.8488%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 52,739 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.1236%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.22574%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 11.951%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 73,267 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02145%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7273%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Others &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 11.8488%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 8,036 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.1236%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22574%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 11.951%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 15,771 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 1.02145%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 72.7273%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px; width: 11.8488%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 330,103 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.1236%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.22574%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px; width: 11.951%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 468,630 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 1.02145%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;

</ugp:DisclosureOfSalariesAndRelatedChargesExplanatory>
    <ugp:SummaryOfSalariesAndRelatedChargesTableTextBlock contextRef="D20211231_3" id="Tag4146">
&lt;table cellpadding="0" style="height: 103px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7273%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160; &#160;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.8488%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.1236%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.22574%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.951%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.02145%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 72.7273%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Provisions on salaries&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 11.8488%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 136,938 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.1236%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.22574%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 11.951%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 195,286 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02145%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7273%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Profit sharing, bonus and premium &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.8488%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 132,390 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.1236%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22574%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.951%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 184,306 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.02145%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 72.7273%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Social charges &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 11.8488%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 52,739 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.1236%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.22574%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 11.951%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 73,267 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02145%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7273%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Others &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 11.8488%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 8,036 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.1236%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.22574%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 11.951%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 15,771 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 1.02145%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 72.7273%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px; width: 11.8488%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 330,103 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.1236%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.22574%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px; width: 11.951%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 468,630 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; width: 1.02145%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
</ugp:SummaryOfSalariesAndRelatedChargesTableTextBlock>
    <ugp:ShortTermEmployeeBenefitsAccrualsForProvisionsOnSalaries
      contextRef="I20211231"
      decimals="-3"
      id="Tag4096"
      unitRef="BRL">136938000</ugp:ShortTermEmployeeBenefitsAccrualsForProvisionsOnSalaries>
    <ugp:ShortTermEmployeeBenefitsAccrualsForProvisionsOnSalaries
      contextRef="I20201231"
      decimals="-3"
      id="Tag4091"
      unitRef="BRL">195286000</ugp:ShortTermEmployeeBenefitsAccrualsForProvisionsOnSalaries>
    <ugp:ShortTermEmployeeBenefitsAccrualsForProfitSharingBonusAndPremium
      contextRef="I20211231"
      decimals="-3"
      id="Tag4095"
      unitRef="BRL">132390000</ugp:ShortTermEmployeeBenefitsAccrualsForProfitSharingBonusAndPremium>
    <ugp:ShortTermEmployeeBenefitsAccrualsForProfitSharingBonusAndPremium
      contextRef="I20201231"
      decimals="-3"
      id="Tag4090"
      unitRef="BRL">184306000</ugp:ShortTermEmployeeBenefitsAccrualsForProfitSharingBonusAndPremium>
    <ugp:ShortTermEmployeeBenefitsAccrualsForSocialCharges
      contextRef="I20211231"
      decimals="-3"
      id="Tag4094"
      unitRef="BRL">52739000</ugp:ShortTermEmployeeBenefitsAccrualsForSocialCharges>
    <ugp:ShortTermEmployeeBenefitsAccrualsForSocialCharges
      contextRef="I20201231"
      decimals="-3"
      id="Tag4089"
      unitRef="BRL">73267000</ugp:ShortTermEmployeeBenefitsAccrualsForSocialCharges>
    <ugp:ShortTermEmployeeBenefitsAccrualsForOtherCharges
      contextRef="I20211231"
      decimals="-3"
      id="Tag4093"
      unitRef="BRL">8036000</ugp:ShortTermEmployeeBenefitsAccrualsForOtherCharges>
    <ugp:ShortTermEmployeeBenefitsAccrualsForOtherCharges
      contextRef="I20201231"
      decimals="-3"
      id="Tag4088"
      unitRef="BRL">15771000</ugp:ShortTermEmployeeBenefitsAccrualsForOtherCharges>
    <ifrs-full:ShorttermEmployeeBenefitsAccruals
      contextRef="I20211231"
      decimals="-3"
      id="Tag4092"
      unitRef="BRL">330103000</ifrs-full:ShorttermEmployeeBenefitsAccruals>
    <ifrs-full:ShorttermEmployeeBenefitsAccruals
      contextRef="I20201231"
      decimals="-3"
      id="Tag4087"
      unitRef="BRL">468630000</ifrs-full:ShorttermEmployeeBenefitsAccruals>
    <ifrs-full:DisclosureOfTaxReceivablesAndPayablesExplanatory contextRef="D20211231_3" id="Tag4237">
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify; font-family: 'Times New Roman'; font-weight: bold; font-size: 10PT;"&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;&lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;Taxes &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;p&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;ayable&lt;/span&gt;&lt;br/&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;

&lt;table cellpadding="0" style="height: 137px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #ffffff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 73%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; ICMS &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 146,598 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 180,522 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; IPI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 4,163 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 8,952 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; PIS and COFINS &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 13,667 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 13,187 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; ISS &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 45,533 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 38,328 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Value-added tax (IVA) of foreign subsidiaries &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 27,322 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Others &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 19,215 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 17,703 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 229,176 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 286,014 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;

</ifrs-full:DisclosureOfTaxReceivablesAndPayablesExplanatory>
    <ugp:SummaryOfTaxesPayableTableTextBlock contextRef="D20211231_3" id="Tag4238">
&lt;table cellpadding="0" style="height: 137px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #ffffff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 73%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; ICMS &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 146,598 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 180,522 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; IPI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 4,163 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 8,952 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; PIS and COFINS &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 13,667 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 13,187 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; ISS &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 45,533 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 38,328 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Value-added tax (IVA) of foreign subsidiaries &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 27,322 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Others &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 19,215 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 17,703 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 229,176 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 286,014 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
</ugp:SummaryOfTaxesPayableTableTextBlock>
    <ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax
      contextRef="I20211231_ICMSMember"
      decimals="-3"
      id="Tag147"
      unitRef="BRL">146598000</ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax>
    <ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax
      contextRef="I20201231_ICMSMember"
      decimals="-3"
      id="Tag4681"
      unitRef="BRL">180522000</ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax>
    <ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax
      contextRef="I20211231_TaxOnIndustrializedProductsMember"
      decimals="-3"
      id="Tag4244"
      unitRef="BRL">4163000</ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax>
    <ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax
      contextRef="I20201231_TaxOnIndustrializedProductsMember"
      decimals="-3"
      id="Tag4239"
      unitRef="BRL">8952000</ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax>
    <ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax
      contextRef="I20211231_PisAndCofinsMember"
      decimals="-3"
      id="Tag145"
      unitRef="BRL">13667000</ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax>
    <ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax
      contextRef="I20201231_PisAndCofinsMember"
      decimals="-3"
      id="Tag6946"
      unitRef="BRL">13187000</ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax>
    <ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax
      contextRef="I20211231_ISSMember"
      decimals="-3"
      id="Tag4240"
      unitRef="BRL">45533000</ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax>
    <ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax
      contextRef="I20201231_ISSMember"
      decimals="-3"
      id="Tag4823"
      unitRef="BRL">38328000</ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax>
    <ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax
      contextRef="I20211231_ValueAddedTaxIvaOfForeignSubsidiariesMember"
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&lt;p style="margin: 12pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;&lt;span style="border-left: none; border-right: none;"&gt;21&lt;/span&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;Employee &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;b&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;enefits and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;p&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;rivate &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;p&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;ension &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;p&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;lan&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;a. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;ULTRAPREV&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;- &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;A&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;ssocia&#xe7;&#x103;o de &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;P&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;revid&#xea;ncia &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;C&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;omplementar&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0px; text-align: justify; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify; font-size: 10pt; font-family: 'Times New Roman';"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;In February 2001 the Company&#x2019;s Board of Directors approved the adoption of a defined contribution pension plan to be sponsored by the Company and its subsidiaries. Participating employees have been contributing to this plan, managed by &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Ultraprev&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; - &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Associa&#xe7;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#xe3;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;o&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; de &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Previd&#xea;ncia&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Complementar&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (&#x201c;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Ultraprev&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#x201d;), since August 2001. Under the terms of the plan, every year each participating employee chooses his or her basic contribution to the plan. Each sponsoring company provides a matching contribution in an amount equivalent to each basic contribution, up to a limit of 11% of the employee&#x2019;s reference salary, according to the rules of the plan. As participating employees retire, they may choose to receive either (&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;i&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;) a monthly sum ranging between 0.3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;% and 1.0% of their respective accumulated fund in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Ultraprev&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; or (ii) a fixed monthly amount&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; which will &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;exhaust their respective accumulated fund over a period of 5 to &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;35&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; years. The &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;C&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ompany&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and its subsidiaries&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; do not &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;take responsibility for &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;guarantee&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ing&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; amounts or the duration of the benefits received by &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the retired &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;employee.&#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify; font-size: 10pt; font-family: 'Times New Roman';"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;br/&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify; font-size: 10pt; font-family: 'Times New Roman';"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The non-vested portion of the contribution made by the sponsor, in cases where the terminated employees chose to withdraw from the pension plan, are considered as a pension fund. Employees who left the Company and chose to withdraw from the pension plan lose the portion of the contribution already made by the sponsor and this amount may be deducted from the sponsor future contributions. The amount is presented in the movements of prepaid expenses. Furthermore, employees who left the company and chose to continue with the pension plan make contributions individually.&lt;br/&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify; font-size: 10pt; font-family: 'Times New Roman';"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;In May 2020 the Deliberative Council of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Ultraprev&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; approved the utilization of the pension fund&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; in the amount of R$&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;span style="border-left: none; border-right: none;"&gt;47,088&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and i&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;n&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; May 2021 the additional &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;use&#160; of&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; R$ 3,706&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. The amount of R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;27,451&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; was &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;used to deduct the sponsors&#x2019; normal &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;contributions&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; the amount of R$ 3,512 was reclassified to assets held for sale&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. The balance of R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;19,831&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as of&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;202&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; will be&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; used to deduct normal sponsor contributions in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;a period &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;up to 92&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; months&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; depending on the sponsor.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The number of months is estimated according to the current amount being deducted from contributions.&#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify; font-size: 10pt; font-family: 'Times New Roman';"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;As of December 31, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;2021&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, the subsidiaries contributed &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;with R$&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;16,368 to&lt;span&gt;&#160;&lt;/span&gt;Ultraprev,&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;including the utilization of the pension fund of R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;10,566&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;17,186&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; including the &lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;utilization&lt;/span&gt; of the pension fund of R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;7,446&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; as of December 31,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;2020&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and R$ 21,357 as of December 31, 2019&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;), which is recognized as expense in the income statement. The total number of participating employees as of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;202&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; was &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;4,381&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; active participants and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;387&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; retired participants. In &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;addition&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Ultraprev&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; had 23&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;former employees receiving benefits under the rules of a previous plan whose reserves are fully constituted.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;b. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Post-employment &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;b&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;enefits&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The subsidiaries recognized a provision for post-employment benefits mainly related to seniority bonus, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;payment of G&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;overnment Severance Indemnity Fund (&#x201c;FGTS&#x201d;), and health, dental care, and life insurance plan for eligible retirees.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The amounts related to such benefits were determined based on a valuation conducted by an independent actuary &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and reviewed by management&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;2&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-left: none; border-right: none;"&gt;
&lt;table cellpadding="0" style="height: 103px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 74%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Health and dental care plan &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; vertical-align: super; font-size: 8pt;"&gt;(&lt;span style="border-left: none; border-right: none;"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;)&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 159,867 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 200,318 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Indemnification of FGTS &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 38,617 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 53,952 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Seniority bonus &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; vertical-align: super; font-size: 8pt;"&gt;(&lt;span style="border-left: none; border-right: none;"&gt;&lt;span style="border-left: none; border-right: none;"&gt;2&lt;/span&gt;&lt;/span&gt;)&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 5,570 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 16,336 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Life insurance &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; vertical-align: super; font-size: 8pt;"&gt;(&lt;span style="border-left: none; border-right: none;"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;)&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 11,665 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 14,118 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 215,719 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 284,724 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 21,082 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 27,077 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Non-current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 194,637 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 257,647 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt 7.1pt; text-align: justify; text-indent: -7.1pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; vertical-align: super; font-size: 8pt;"&gt;(&lt;span style="border-left: none; border-right: none;"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;) &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Only &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;IPP&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, Tropical&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Iconic&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt 7.1pt; text-align: justify; text-indent: -7.1pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; vertical-align: super; font-size: 8pt;"&gt;(&lt;span style="border-left: none; border-right: none;"&gt;&lt;span style="border-left: none; border-right: none;"&gt;2&lt;/span&gt;&lt;/span&gt;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; In &lt;span style="border-left: none; border-right: none;"&gt;&lt;span style="border-left: none; border-right: none;"&gt;2021&lt;/span&gt;&lt;/span&gt;, there was a change in the seniority bonus policy for retirement, with a reduction in the benefit (Ultragaz and Ipiranga).&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-right: none; border-left: none;"&gt;

&lt;div style="border-right: none; border-left: none;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The change in the present value of the post-employment benefit obligation &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;occurred &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as follows:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-left: none; border-right: none;"&gt;
&lt;table cellpadding="0" style="height: 154px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 73%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Opening balance &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 284,724 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 272,867 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Expense for the year of continuing operations &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 15,585 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 11,622 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; Expense (revenue) for the year of discontinued operations &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,951 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (6,411 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (Gain) Losses from changes in actuarial assumptions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (58,954 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 24,822 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Benefits paid directly by Company and its subsidiaries &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (18,400 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (18,969 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; Exchange rates from post employment benefits &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 217 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 793 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; Reclassification to liabilities held for sale (i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (10,404 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Ending balance &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 215,719 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 284,724 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="border-right: none; border-left: none;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(i) For further information see Note &lt;span style="border-left: none; border-right: none;"&gt;3&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.c.&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;total of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;expense &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in each year &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;is presented below:&#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-left: none; border-right: none;"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto; height: 103px;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 62.8466%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 9.79667%;"&gt;
&lt;p style="margin: 0pt; text-align: center; font-weight: bold;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 1.66359%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 2.21811%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 9.79667%;"&gt;
&lt;p style="margin: 0pt; text-align: center; font-weight: bold;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 1.66359%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #ffffff; height: 17px; width: 0.924214%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; height: 17px; width: 9.79667%;"&gt;
&lt;p style="margin: 0pt; text-align: center; font-weight: bold;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; height: 17px; width: 1.84843%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; width: 62.8466%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; width: 9.79667%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; width: 1.66359%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; width: 2.21811%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; width: 9.79667%; text-align: center;"&gt;&lt;span style="font-weight: bold; font-size: 8pt;"&gt;Re-presented&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; width: 1.66359%; text-align: center;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #ffffff; width: 0.924214%; text-align: center;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; width: 9.79667%; text-align: center;"&gt;&lt;span style="font-weight: bold; font-size: 8pt;"&gt;Re-presented&lt;/span&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; width: 1.84843%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; width: 62.8466%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Health and dental care plan &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 9.79667%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 15,265 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.66359%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 2.21811%; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 9.79667%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 11,127 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.66359%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; width: 0.924214%; padding: 0px; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; width: 9.79667%; padding: 0px; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 10,442 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; width: 1.84843%; padding: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 62.8466%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Indemnification of FGTS &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.79667%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 4,409 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.66359%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2.21811%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.79667%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 6,199 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.66359%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px; width: 0.924214%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px; width: 9.79667%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;(5,423 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px; width: 1.84843%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px; width: 62.8466%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Seniority bonus &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.79667%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (4,886 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.66359%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 2.21811%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.79667%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (6,821 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.66359%;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 0.924214%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 9.79667%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,580 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 1.84843%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 62.8466%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Life insurance &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 9.79667%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 797 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.66359%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2.21811%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 9.79667%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,117 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.66359%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px; width: 0.924214%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; border-bottom: 1pt solid #000000; height: 17px; width: 9.79667%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,293 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px; width: 1.84843%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 18px; width: 62.8466%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px; width: 9.79667%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 15,585 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.66359%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 2.21811%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px; width: 9.79667%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 11,622 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.66359%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 18px; width: 0.924214%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; border-bottom: 2.8pt double #000000; height: 18px; width: 9.79667%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 9,892 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 18px; width: 1.84843%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;


&lt;p style="margin: 0px; text-align: justify; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="border-left: none; border-right: none;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;The main actuarial assumptions used are:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto; height: 102px;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Economic factors &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; % p.a. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; % p.a. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; width: 74%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Discount rate for the actuarial obligation at present value &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 8.93 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 2%; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 8.22 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Average projected salary growth rate &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 7.07 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 7.07 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Inflation rate (long term) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3.25 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3.25 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Growth rate of medical services &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 7.38 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 7.38 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/span&gt;&lt;/p&gt;
&lt;table style="width: 75%; margin-left: auto; margin-right: auto; font-family: 'times new roman'; font-size: 10pt; border-collapse: COLLAPSE;"&gt;
&lt;tbody&gt;
&lt;tr style="background-color: #cceeff;"&gt;
&lt;td style="width: 100%; background-color: #cceeff;"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;Demographic factors&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td style="width: 100%;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;Mortality Table for the life insurance benefit &#x2013; CSO-&lt;/span&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; border-left: none; border-right: none;"&gt;80&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #cceeff;"&gt;
&lt;td style="width: 100%; background-color: #cceeff;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;Mortality Table for other benefits &#x2013; AT&#160;&lt;/span&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; border-left: none; border-right: none;"&gt;2000&lt;/span&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;&#160;Basic decreased by&#160;&lt;/span&gt;&lt;/span&gt;10&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;%&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td style="width: 100%;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;Disabled Mortality Table &#x2013; RRB&#160;&lt;/span&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; border-left: none; border-right: none;"&gt;1983&lt;/span&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;&#160;and RRB-&lt;/span&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; border-left: none; border-right: none;"&gt;1944&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #cceeff;"&gt;
&lt;td style="width: 100%; background-color: #cceeff;"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;Disability Table &#x2013; Weak light&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="text-decoration: underline;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;Sensitivity analysis&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The significant actuarial assumptions to determine the provision for post-employment benefits &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;are:&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; discount rate, wage and medical costs increases. The following sensitivity analyses on December 31, 202&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as shown &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;below, were determined based on possible changes of assumptions occurring at the reporting date of the financial statements, keeping all other assumptions constant.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; height: 50px; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 10px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Assumption &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Change in assumptions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Decrease in liability &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Change in assumptions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Increase in liability &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px; width: 41%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Discount rate &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px; width: 14%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &lt;span style="border-left: none; border-right: none;"&gt;increase by &lt;span style="border-left: none; border-right: none;"&gt;1.0&lt;/span&gt; p.p.&lt;/span&gt; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px; width: 1%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px; width: 14%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 24,196 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px; width: 1%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px; width: 14%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &lt;span style="border-left: none; border-right: none;"&gt;decrease by &lt;span style="border-left: none; border-right: none;"&gt;1.0&lt;/span&gt; p.p.&lt;/span&gt; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px; width: 1%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px; width: 14%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 24,293 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Wage growth rate &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &lt;span style="border-left: none; border-right: none;"&gt;decrease by &lt;span style="border-left: none; border-right: none;"&gt;1.0&lt;/span&gt; p.p.&lt;/span&gt; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,002 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &lt;span style="border-left: none; border-right: none;"&gt;increase by &lt;span style="border-left: none; border-right: none;"&gt;1.0&lt;/span&gt; p.p.&lt;/span&gt; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,258 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Medical services growth rate &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &lt;span style="border-left: none; border-right: none;"&gt;decrease by &lt;span style="border-left: none; border-right: none;"&gt;1.0&lt;/span&gt; p.p.&lt;/span&gt; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 19,218 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &lt;span style="border-left: none; border-right: none;"&gt;increase by &lt;span style="border-left: none; border-right: none;"&gt;1.0&lt;/span&gt; p.p.&lt;/span&gt; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 23,522 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify; font-size: 10pt; font-family: 'Times New Roman';"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;The sensitivity analyses presented may not represent the real change in the post-employment benefits obligation, since it is unlikely that changes occur in just one assumption alone, considering that some of these assumptions may be correlated.&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;Inherent risks related to post-employment benefits&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;Interest rate risk: a long-term interest rate is used to calculate the present value of post-employment liabilities. A reduction in this interest rate will increase the corresponding liability.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;Wage growth risk: the present value of the liability is calculated using as reference the wages of the plan participants, projected with the average nominal wage growth rate. An increase in the real wages of plan participants will increase the corresponding liability.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;Medical costs growth risk: the present value of the liability is calculated using as reference the medical cost by age based on actual healthcare costs, projected based on the growth rate of medical services costs. An increase in the real medical costs will increase the corresponding liability.&lt;/span&gt;&lt;/p&gt;
</ifrs-full:DisclosureOfEmployeeBenefitsExplanatory>
    <ugp:MaximumMatchingContributionInProportionToEmployeeGrossSalaryPercentage
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    <ugp:AccumulatedFundPercentage
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    <ugp:FixedAccumulatedFundPeriod contextRef="D20211231_BottomOfRangeMember" id="Tag4347">P5Y</ugp:FixedAccumulatedFundPeriod>
    <ugp:FixedAccumulatedFundPeriod contextRef="D20211231_TopOfRangeMember" id="Tag4332">P35Y</ugp:FixedAccumulatedFundPeriod>
    <ugp:DefinedContributionPensionPlanReversionFund
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      id="Tag4331"
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    <ugp:DefinedContributionPensionPlanReversionFund
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      id="Tag4341"
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    <ifrs-full:ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset
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      id="Tag4308"
      unitRef="BRL">27451000</ifrs-full:ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset>
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      unitRef="BRL">3512000</ugp:DefinedContributionPensionPlanReversionFundReclassifiedToAssetsHeldForSale>
    <ugp:DefinedContributionPensionPlanReversionFund
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      id="Tag4365"
      unitRef="BRL">19831000</ugp:DefinedContributionPensionPlanReversionFund>
    <ifrs-full:WeightedAverageDurationOfDefinedBenefitObligation2019 contextRef="D20211231_TopOfRangeMember" id="Tag6950">P92M</ifrs-full:WeightedAverageDurationOfDefinedBenefitObligation2019>
    <ifrs-full:ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag6951"
      unitRef="BRL">16368000</ifrs-full:ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset>
    <ugp:ContributionsToPlanByEmployerPortionOfReversionFund
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag6224"
      unitRef="BRL">10566000</ugp:ContributionsToPlanByEmployerPortionOfReversionFund>
    <ifrs-full:ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag4363"
      unitRef="BRL">17186000</ifrs-full:ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset>
    <ugp:ContributionsToPlanByEmployerPortionOfReversionFund
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag6948"
      unitRef="BRL">7446000</ugp:ContributionsToPlanByEmployerPortionOfReversionFund>
    <ugp:ContributionsToPlanByEmployerPortionOfReversionFund
      contextRef="D20191231"
      decimals="-3"
      id="Tag4314"
      unitRef="BRL">21357000</ugp:ContributionsToPlanByEmployerPortionOfReversionFund>
    <ugp:NumberOfActiveParticipatingEmployees
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      decimals="INF"
      id="Tag4382"
      unitRef="Employee">4381</ugp:NumberOfActiveParticipatingEmployees>
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      contextRef="D20211231_3"
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      unitRef="Employee">387</ugp:NumberOfRetiredParticipatingEmployees>
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      decimals="INF"
      id="Tag4398"
      unitRef="Employee">23</ugp:NumberOfFormerEmployeesReceivingBenefits>
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&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The amounts related to such benefits were determined based on a valuation conducted by an independent actuary &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and reviewed by management&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;2&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-left: none; border-right: none;"&gt;
&lt;table cellpadding="0" style="height: 103px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 74%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Health and dental care plan &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; vertical-align: super; font-size: 8pt;"&gt;(&lt;span style="border-left: none; border-right: none;"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;)&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 159,867 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 200,318 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Indemnification of FGTS &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 38,617 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 53,952 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Seniority bonus &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; vertical-align: super; font-size: 8pt;"&gt;(&lt;span style="border-left: none; border-right: none;"&gt;&lt;span style="border-left: none; border-right: none;"&gt;2&lt;/span&gt;&lt;/span&gt;)&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 5,570 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 16,336 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Life insurance &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; vertical-align: super; font-size: 8pt;"&gt;(&lt;span style="border-left: none; border-right: none;"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;)&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 11,665 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 14,118 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 215,719 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 284,724 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 21,082 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 27,077 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Non-current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 194,637 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 257,647 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt 7.1pt; text-align: justify; text-indent: -7.1pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; vertical-align: super; font-size: 8pt;"&gt;(&lt;span style="border-left: none; border-right: none;"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;) &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Only &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;IPP&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, Tropical&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Iconic&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt 7.1pt; text-align: justify; text-indent: -7.1pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; vertical-align: super; font-size: 8pt;"&gt;(&lt;span style="border-left: none; border-right: none;"&gt;&lt;span style="border-left: none; border-right: none;"&gt;2&lt;/span&gt;&lt;/span&gt;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; In &lt;span style="border-left: none; border-right: none;"&gt;&lt;span style="border-left: none; border-right: none;"&gt;2021&lt;/span&gt;&lt;/span&gt;, there was a change in the seniority bonus policy for retirement, with a reduction in the benefit (Ultragaz and Ipiranga).&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
</ifrs-full:DisclosureOfDefinedBenefitPlansExplanatory>
    <ifrs-full:ProvisionsForEmployeeBenefits
      contextRef="I20211231_HealthAndDentalCareMember"
      decimals="-3"
      id="Tag4327"
      unitRef="BRL">159867000</ifrs-full:ProvisionsForEmployeeBenefits>
    <ifrs-full:ProvisionsForEmployeeBenefits
      contextRef="I20201231_HealthAndDentalCareMember"
      decimals="-3"
      id="Tag4352"
      unitRef="BRL">200318000</ifrs-full:ProvisionsForEmployeeBenefits>
    <ifrs-full:ProvisionsForEmployeeBenefits
      contextRef="I20211231_IndemnificationOfFGTSMember"
      decimals="-3"
      id="Tag6952"
      unitRef="BRL">38617000</ifrs-full:ProvisionsForEmployeeBenefits>
    <ifrs-full:ProvisionsForEmployeeBenefits
      contextRef="I20201231_IndemnificationOfFGTSMember"
      decimals="-3"
      id="Tag4355"
      unitRef="BRL">53952000</ifrs-full:ProvisionsForEmployeeBenefits>
    <ifrs-full:ProvisionsForEmployeeBenefits
      contextRef="I20211231_SeniorityBonusMember"
      decimals="-3"
      id="Tag4349"
      unitRef="BRL">5570000</ifrs-full:ProvisionsForEmployeeBenefits>
    <ifrs-full:ProvisionsForEmployeeBenefits
      contextRef="I20201231_SeniorityBonusMember"
      decimals="-3"
      id="Tag4345"
      unitRef="BRL">16336000</ifrs-full:ProvisionsForEmployeeBenefits>
    <ifrs-full:ProvisionsForEmployeeBenefits
      contextRef="I20211231_LifeInsuranceMember"
      decimals="-3"
      id="Tag4319"
      unitRef="BRL">11665000</ifrs-full:ProvisionsForEmployeeBenefits>
    <ifrs-full:ProvisionsForEmployeeBenefits
      contextRef="I20201231_LifeInsuranceMember"
      decimals="-3"
      id="Tag4328"
      unitRef="BRL">14118000</ifrs-full:ProvisionsForEmployeeBenefits>
    <ifrs-full:ProvisionsForEmployeeBenefits
      contextRef="I20211231"
      decimals="-3"
      id="Tag6947"
      unitRef="BRL">215719000</ifrs-full:ProvisionsForEmployeeBenefits>
    <ifrs-full:ProvisionsForEmployeeBenefits
      contextRef="I20201231"
      decimals="-3"
      id="Tag4348"
      unitRef="BRL">284724000</ifrs-full:ProvisionsForEmployeeBenefits>
    <ifrs-full:CurrentProvisionsForEmployeeBenefits
      contextRef="I20211231"
      decimals="-3"
      id="Tag1697"
      unitRef="BRL">21082000</ifrs-full:CurrentProvisionsForEmployeeBenefits>
    <ifrs-full:CurrentProvisionsForEmployeeBenefits
      contextRef="I20201231"
      decimals="-3"
      id="Tag4385"
      unitRef="BRL">27077000</ifrs-full:CurrentProvisionsForEmployeeBenefits>
    <ifrs-full:NoncurrentProvisionsForEmployeeBenefits
      contextRef="I20211231"
      decimals="-3"
      id="Tag4315"
      unitRef="BRL">194637000</ifrs-full:NoncurrentProvisionsForEmployeeBenefits>
    <ifrs-full:NoncurrentProvisionsForEmployeeBenefits
      contextRef="I20201231"
      decimals="-3"
      id="Tag4361"
      unitRef="BRL">257647000</ifrs-full:NoncurrentProvisionsForEmployeeBenefits>
    <ifrs-full:DisclosureOfNetDefinedBenefitLiabilityAssetExplanatory contextRef="D20211231_3" id="Tag6023">
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The change in the present value of the post-employment benefit obligation &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;occurred &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as follows:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-left: none; border-right: none;"&gt;
&lt;table cellpadding="0" style="height: 154px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 73%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Opening balance &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 284,724 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 272,867 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Expense for the year of continuing operations &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 15,585 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 11,622 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; Expense (revenue) for the year of discontinued operations &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,951 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (6,411 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (Gain) Losses from changes in actuarial assumptions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (58,954 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 24,822 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Benefits paid directly by Company and its subsidiaries &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (18,400 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (18,969 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; Exchange rates from post employment benefits &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 217 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 793 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; Reclassification to liabilities held for sale (i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (10,404 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Ending balance &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 215,719 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 284,724 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="border-right: none; border-left: none;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(i) For further information see Note &lt;span style="border-left: none; border-right: none;"&gt;3&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.c.&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
</ifrs-full:DisclosureOfNetDefinedBenefitLiabilityAssetExplanatory>
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      contextRef="D20201231_3"
      decimals="-3"
      id="Tag4366"
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    <ifrs-full:ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetOfTaxDefinedBenefitPlans
      contextRef="D20211231_3"
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      id="Tag3470"
      unitRef="BRL">-58954000</ifrs-full:ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetOfTaxDefinedBenefitPlans>
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      contextRef="D20201231_3"
      decimals="-3"
      id="Tag4338"
      unitRef="BRL">24822000</ifrs-full:ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetOfTaxDefinedBenefitPlans>
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      contextRef="D20211231_3"
      decimals="-3"
      id="Tag4309"
      unitRef="BRL">18400000</ifrs-full:BenefitsPaidOrPayable>
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      contextRef="D20201231_3"
      decimals="-3"
      id="Tag4342"
      unitRef="BRL">18969000</ifrs-full:BenefitsPaidOrPayable>
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      id="Tag1700"
      unitRef="BRL">217000</ugp:EmployeeBenefitsExchangeRateFromForeignSubsidiaries>
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      contextRef="D20201231_3"
      decimals="-3"
      id="Tag3471"
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      id="Tag4360"
      unitRef="BRL">10404000</ugp:DecreaseInNetDefinedBenefitLiabilityResultingFromReclassificationToLiabilitiesHeldForSale>
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      xsi:nil="true"/>
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      contextRef="I20211231"
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      id="Tag3608"
      unitRef="BRL">215719000</ifrs-full:ProvisionsForEmployeeBenefits>
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      contextRef="I20201231"
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      id="Tag4311"
      unitRef="BRL">284724000</ifrs-full:ProvisionsForEmployeeBenefits>
    <ugp:SummaryOfEmploymentBenefitExpenseTableTextBlock contextRef="D20211231_3" id="Tag4359">
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;total of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;expense &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in each year &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;is presented below:&#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-left: none; border-right: none;"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto; height: 103px;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 62.8466%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 9.79667%;"&gt;
&lt;p style="margin: 0pt; text-align: center; font-weight: bold;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 1.66359%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 2.21811%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 9.79667%;"&gt;
&lt;p style="margin: 0pt; text-align: center; font-weight: bold;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 1.66359%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #ffffff; height: 17px; width: 0.924214%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; height: 17px; width: 9.79667%;"&gt;
&lt;p style="margin: 0pt; text-align: center; font-weight: bold;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; height: 17px; width: 1.84843%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; width: 62.8466%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; width: 9.79667%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; width: 1.66359%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; width: 2.21811%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; width: 9.79667%; text-align: center;"&gt;&lt;span style="font-weight: bold; font-size: 8pt;"&gt;Re-presented&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; width: 1.66359%; text-align: center;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #ffffff; width: 0.924214%; text-align: center;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; width: 9.79667%; text-align: center;"&gt;&lt;span style="font-weight: bold; font-size: 8pt;"&gt;Re-presented&lt;/span&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; width: 1.84843%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; width: 62.8466%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Health and dental care plan &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 9.79667%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 15,265 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.66359%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 2.21811%; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 9.79667%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 11,127 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.66359%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; width: 0.924214%; padding: 0px; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; width: 9.79667%; padding: 0px; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 10,442 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; width: 1.84843%; padding: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 62.8466%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Indemnification of FGTS &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.79667%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 4,409 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.66359%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2.21811%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.79667%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 6,199 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.66359%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px; width: 0.924214%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px; width: 9.79667%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;(5,423 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px; width: 1.84843%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px; width: 62.8466%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Seniority bonus &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.79667%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (4,886 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.66359%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 2.21811%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.79667%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (6,821 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.66359%;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 0.924214%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 9.79667%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,580 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 1.84843%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 62.8466%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Life insurance &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 9.79667%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 797 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.66359%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 2.21811%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 9.79667%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,117 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.66359%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px; width: 0.924214%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; border-bottom: 1pt solid #000000; height: 17px; width: 9.79667%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,293 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px; width: 1.84843%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 18px; width: 62.8466%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px; width: 9.79667%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 15,585 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.66359%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 2.21811%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px; width: 9.79667%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 11,622 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.66359%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 18px; width: 0.924214%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; border-bottom: 2.8pt double #000000; height: 18px; width: 9.79667%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 9,892 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 18px; width: 1.84843%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
</ugp:SummaryOfEmploymentBenefitExpenseTableTextBlock>
    <ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans
      contextRef="D20211231_HealthAndDentalCareMember"
      decimals="-3"
      id="Tag4317"
      unitRef="BRL">15265000</ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans>
    <ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans
      contextRef="D20201231_HealthAndDentalCareMember"
      decimals="-3"
      id="Tag4329"
      unitRef="BRL">11127000</ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans>
    <ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans
      contextRef="D20191231_HealthAndDentalCareMember"
      decimals="-3"
      id="Tag4335"
      unitRef="BRL">10442000</ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans>
    <ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans
      contextRef="D20211231_IndemnificationOfFGTSMember"
      decimals="-3"
      id="Tag4330"
      unitRef="BRL">4409000</ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans>
    <ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans
      contextRef="D20201231_IndemnificationOfFGTSMember"
      decimals="-3"
      id="Tag3474"
      unitRef="BRL">6199000</ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans>
    <ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans
      contextRef="D20191231_IndemnificationOfFGTSMember"
      decimals="-3"
      id="Tag4325"
      unitRef="BRL">5423000</ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans>
    <ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans
      contextRef="D20211231_SeniorityBonusMember"
      decimals="-3"
      id="Tag4364"
      unitRef="BRL">4886000</ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans>
    <ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans
      contextRef="D20201231_SeniorityBonusMember"
      decimals="-3"
      id="Tag4367"
      unitRef="BRL">6821000</ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans>
    <ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans
      contextRef="D20191231_SeniorityBonusMember"
      decimals="-3"
      id="Tag3610"
      unitRef="BRL">3580000</ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans>
    <ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans
      contextRef="D20211231_LifeInsuranceMember"
      decimals="-3"
      id="Tag3473"
      unitRef="BRL">797000</ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans>
    <ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans
      contextRef="D20201231_LifeInsuranceMember"
      decimals="-3"
      id="Tag4316"
      unitRef="BRL">1117000</ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans>
    <ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans
      contextRef="D20191231_LifeInsuranceMember"
      decimals="-3"
      id="Tag3609"
      unitRef="BRL">1293000</ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans>
    <ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag4312"
      unitRef="BRL">15585000</ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans>
    <ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag4369"
      unitRef="BRL">11622000</ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans>
    <ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans
      contextRef="D20191231"
      decimals="-3"
      id="Tag4334"
      unitRef="BRL">9892000</ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans>
    <ugp:SummaryOfSignificantActuarialAssumptionsAdoptedTableTextBlock contextRef="D20211231_3" id="Tag4323">
&lt;p style="border-left: none; border-right: none;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;The main actuarial assumptions used are:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto; height: 102px;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Economic factors &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; % p.a. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; % p.a. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; width: 74%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Discount rate for the actuarial obligation at present value &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 8.93 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 2%; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 8.22 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Average projected salary growth rate &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 7.07 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 7.07 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Inflation rate (long term) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3.25 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3.25 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Growth rate of medical services &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 7.38 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 7.38 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
</ugp:SummaryOfSignificantActuarialAssumptionsAdoptedTableTextBlock>
    <ifrs-full:ActuarialAssumptionOfDiscountRates
      contextRef="I20211231"
      decimals="4"
      id="Tag3472"
      unitRef="Pure">0.0893</ifrs-full:ActuarialAssumptionOfDiscountRates>
    <ifrs-full:ActuarialAssumptionOfDiscountRates
      contextRef="I20201231"
      decimals="4"
      id="Tag4356"
      unitRef="Pure">0.0822</ifrs-full:ActuarialAssumptionOfDiscountRates>
    <ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreases
      contextRef="I20211231"
      decimals="4"
      id="Tag4387"
      unitRef="Pure">0.0707</ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreases>
    <ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreases
      contextRef="I20201231"
      decimals="4"
      id="Tag4353"
      unitRef="Pure">0.0707</ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreases>
    <ifrs-full:ActuarialAssumptionOfExpectedRatesOfInflation
      contextRef="I20211231"
      decimals="4"
      id="Tag7011"
      unitRef="Pure">0.0325</ifrs-full:ActuarialAssumptionOfExpectedRatesOfInflation>
    <ifrs-full:ActuarialAssumptionOfExpectedRatesOfInflation
      contextRef="I20201231"
      decimals="4"
      id="Tag4383"
      unitRef="Pure">0.0325</ifrs-full:ActuarialAssumptionOfExpectedRatesOfInflation>
    <ifrs-full:ActuarialAssumptionOfMedicalCostTrendRates
      contextRef="I20211231"
      decimals="4"
      id="Tag4346"
      unitRef="Pure">0.0738</ifrs-full:ActuarialAssumptionOfMedicalCostTrendRates>
    <ifrs-full:ActuarialAssumptionOfMedicalCostTrendRates
      contextRef="I20201231"
      decimals="4"
      id="Tag4351"
      unitRef="Pure">0.0738</ifrs-full:ActuarialAssumptionOfMedicalCostTrendRates>
    <ugp:DemographicAssumptionPercentageOfReasonablyPossibleDecreaseInMortalityTableForOtherBenefits
      contextRef="D20211231_3"
      decimals="2"
      id="Tag4313"
      unitRef="Pure">0.10</ugp:DemographicAssumptionPercentageOfReasonablyPossibleDecreaseInMortalityTableForOtherBenefits>
    <ifrs-full:DisclosureOfSensitivityAnalysisForActuarialAssumptionsExplanatory contextRef="D20211231_3" id="Tag4322">
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; height: 50px; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 10px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Assumption &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Change in assumptions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Decrease in liability &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Change in assumptions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Increase in liability &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px; width: 41%;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Discount rate &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px; width: 14%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &lt;span style="border-left: none; border-right: none;"&gt;increase by &lt;span style="border-left: none; border-right: none;"&gt;1.0&lt;/span&gt; p.p.&lt;/span&gt; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px; width: 1%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px; width: 14%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 24,196 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px; width: 1%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px; width: 14%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &lt;span style="border-left: none; border-right: none;"&gt;decrease by &lt;span style="border-left: none; border-right: none;"&gt;1.0&lt;/span&gt; p.p.&lt;/span&gt; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px; width: 1%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px; width: 14%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 24,293 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Wage growth rate &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &lt;span style="border-left: none; border-right: none;"&gt;decrease by &lt;span style="border-left: none; border-right: none;"&gt;1.0&lt;/span&gt; p.p.&lt;/span&gt; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,002 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &lt;span style="border-left: none; border-right: none;"&gt;increase by &lt;span style="border-left: none; border-right: none;"&gt;1.0&lt;/span&gt; p.p.&lt;/span&gt; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,258 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Medical services growth rate &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &lt;span style="border-left: none; border-right: none;"&gt;decrease by &lt;span style="border-left: none; border-right: none;"&gt;1.0&lt;/span&gt; p.p.&lt;/span&gt; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 19,218 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &lt;span style="border-left: none; border-right: none;"&gt;increase by &lt;span style="border-left: none; border-right: none;"&gt;1.0&lt;/span&gt; p.p.&lt;/span&gt; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 23,522 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
</ifrs-full:DisclosureOfSensitivityAnalysisForActuarialAssumptionsExplanatory>
    <ifrs-full:PercentageOfReasonablyPossibleDecreaseInActuarialAssumption
      contextRef="I20211231_ActuarialAssumptionOfDiscountRatesMember"
      decimals="3"
      id="Tag4354"
      unitRef="Pure">0.01</ifrs-full:PercentageOfReasonablyPossibleDecreaseInActuarialAssumption>
    <ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption
      contextRef="I20211231_ActuarialAssumptionOfDiscountRatesMember"
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      id="Tag4350"
      unitRef="BRL">24196000</ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption>
    <ifrs-full:PercentageOfReasonablyPossibleIncreaseInActuarialAssumption
      contextRef="I20211231_ActuarialAssumptionOfDiscountRatesMember"
      decimals="3"
      id="Tag4337"
      unitRef="Pure">0.01</ifrs-full:PercentageOfReasonablyPossibleIncreaseInActuarialAssumption>
    <ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption
      contextRef="I20211231_ActuarialAssumptionOfDiscountRatesMember"
      decimals="-3"
      id="Tag4357"
      unitRef="BRL">24293000</ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption>
    <ifrs-full:PercentageOfReasonablyPossibleDecreaseInActuarialAssumption
      contextRef="I20211231_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember"
      decimals="3"
      id="Tag1698"
      unitRef="Pure">0.01</ifrs-full:PercentageOfReasonablyPossibleDecreaseInActuarialAssumption>
    <ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption
      contextRef="I20211231_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember"
      decimals="-3"
      id="Tag4320"
      unitRef="BRL">3002000</ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption>
    <ifrs-full:PercentageOfReasonablyPossibleIncreaseInActuarialAssumption
      contextRef="I20211231_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember"
      decimals="3"
      id="Tag3475"
      unitRef="Pure">0.01</ifrs-full:PercentageOfReasonablyPossibleIncreaseInActuarialAssumption>
    <ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption
      contextRef="I20211231_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember"
      decimals="-3"
      id="Tag4384"
      unitRef="BRL">2258000</ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption>
    <ifrs-full:PercentageOfReasonablyPossibleDecreaseInActuarialAssumption
      contextRef="I20211231_ActuarialAssumptionOfMedicalCostTrendRatesMember"
      decimals="3"
      id="Tag4310"
      unitRef="Pure">0.01</ifrs-full:PercentageOfReasonablyPossibleDecreaseInActuarialAssumption>
    <ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption
      contextRef="I20211231_ActuarialAssumptionOfMedicalCostTrendRatesMember"
      decimals="-3"
      id="Tag6949"
      unitRef="BRL">19218000</ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption>
    <ifrs-full:PercentageOfReasonablyPossibleIncreaseInActuarialAssumption
      contextRef="I20211231_ActuarialAssumptionOfMedicalCostTrendRatesMember"
      decimals="3"
      id="Tag4318"
      unitRef="Pure">0.01</ifrs-full:PercentageOfReasonablyPossibleIncreaseInActuarialAssumption>
    <ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption
      contextRef="I20211231_ActuarialAssumptionOfMedicalCostTrendRatesMember"
      decimals="-3"
      id="Tag4326"
      unitRef="BRL">23522000</ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption>
    <ifrs-full:DisclosureOfOtherProvisionsExplanatory contextRef="D20211231_3" id="Tag4368">
&lt;p style="margin: auto; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="font-weight: bold;"&gt;&lt;span style="border-left: none; border-right: none;"&gt;22&lt;/span&gt;. &lt;/span&gt;&lt;span style="font-weight: bold;"&gt;Provision for &lt;/span&gt;&lt;span style="font-weight: bold;"&gt;a&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;sset &lt;/span&gt;&lt;span style="font-weight: bold;"&gt;r&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;etirement &lt;/span&gt;&lt;span style="font-weight: bold;"&gt;o&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;bligation &#x2013; &lt;/span&gt;&lt;span style="font-weight: bold;"&gt;f&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;uel &lt;/span&gt;&lt;span style="font-weight: bold;"&gt;t&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;anks&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The provision corresponds to the legal obligation to remove the subsidiary IPP&#x2019;s underground fuel tanks located at by Ipiranga-branded service stations after a certain use period (see Note 2.o).&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;Changes in the provision for asset retirement obligation are as follows:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-left: none; border-right: none;"&gt;
&lt;table cellpadding="0" style="height: 289px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 87%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2018 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 54,667 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Additions (new tanks) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 290 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Expenditure with tanks removed &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (5,456 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Accretion expense &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,741 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 51,242 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Additions (new tanks) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 163 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Expenditure with tanks removed &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (4,306 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Accretion expense &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 6,336 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 53,435 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Additions (new tanks) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 451 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Expenditure with tanks removed &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (2,773 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Accretion expense &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 5,598 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 56,711 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 4,632 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Non-current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 52,079 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;

</ifrs-full:DisclosureOfOtherProvisionsExplanatory>
    <ugp:SummaryOfChangesInAssetRetirementObligationTableTextBlock contextRef="D20211231_3" id="Tag4450">
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;Changes in the provision for asset retirement obligation are as follows:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-left: none; border-right: none;"&gt;
&lt;table cellpadding="0" style="height: 289px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 87%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2018 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 54,667 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Additions (new tanks) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 290 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Expenditure with tanks removed &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (5,456 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Accretion expense &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,741 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 51,242 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Additions (new tanks) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 163 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Expenditure with tanks removed &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (4,306 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Accretion expense &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 6,336 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 53,435 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Additions (new tanks) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 451 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Expenditure with tanks removed &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (2,773 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Accretion expense &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 5,598 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 56,711 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 4,632 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Non-current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 52,079 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
</ugp:SummaryOfChangesInAssetRetirementObligationTableTextBlock>
    <ifrs-full:OtherProvisions
      contextRef="I20181231_ProvisionForAssetRetirementObligationMember"
      decimals="-3"
      id="Tag4460"
      unitRef="BRL">54667000</ifrs-full:OtherProvisions>
    <ifrs-full:AdditionalProvisionsOtherProvisions
      contextRef="D20191231_ProvisionForAssetRetirementObligationMember"
      decimals="-3"
      id="Tag4461"
      unitRef="BRL">290000</ifrs-full:AdditionalProvisionsOtherProvisions>
    <ifrs-full:ProvisionUsedOtherProvisions
      contextRef="D20191231_ProvisionForAssetRetirementObligationMember"
      decimals="-3"
      id="Tag4462"
      unitRef="BRL">5456000</ifrs-full:ProvisionUsedOtherProvisions>
    <ifrs-full:IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions
      contextRef="D20191231_ProvisionForAssetRetirementObligationMember"
      decimals="-3"
      id="Tag4463"
      unitRef="BRL">1741000</ifrs-full:IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions>
    <ifrs-full:OtherProvisions
      contextRef="I20191231_ProvisionForAssetRetirementObligationMember"
      decimals="-3"
      id="Tag4464"
      unitRef="BRL">51242000</ifrs-full:OtherProvisions>
    <ifrs-full:AdditionalProvisionsOtherProvisions
      contextRef="D20201231_ProvisionForAssetRetirementObligationMember"
      decimals="-3"
      id="Tag4465"
      unitRef="BRL">163000</ifrs-full:AdditionalProvisionsOtherProvisions>
    <ifrs-full:ProvisionUsedOtherProvisions
      contextRef="D20201231_ProvisionForAssetRetirementObligationMember"
      decimals="-3"
      id="Tag4466"
      unitRef="BRL">4306000</ifrs-full:ProvisionUsedOtherProvisions>
    <ifrs-full:IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions
      contextRef="D20201231_ProvisionForAssetRetirementObligationMember"
      decimals="-3"
      id="Tag4467"
      unitRef="BRL">6336000</ifrs-full:IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions>
    <ifrs-full:OtherProvisions
      contextRef="I20201231_ProvisionForAssetRetirementObligationMember"
      decimals="-3"
      id="Tag4468"
      unitRef="BRL">53435000</ifrs-full:OtherProvisions>
    <ifrs-full:AdditionalProvisionsOtherProvisions
      contextRef="D20211231_ProvisionForAssetRetirementObligationMember"
      decimals="-3"
      id="Tag4469"
      unitRef="BRL">451000</ifrs-full:AdditionalProvisionsOtherProvisions>
    <ifrs-full:ProvisionUsedOtherProvisions
      contextRef="D20211231_ProvisionForAssetRetirementObligationMember"
      decimals="-3"
      id="Tag4470"
      unitRef="BRL">2773000</ifrs-full:ProvisionUsedOtherProvisions>
    <ifrs-full:IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions
      contextRef="D20211231_ProvisionForAssetRetirementObligationMember"
      decimals="-3"
      id="Tag4471"
      unitRef="BRL">5598000</ifrs-full:IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions>
    <ifrs-full:OtherProvisions
      contextRef="I20211231_ProvisionForAssetRetirementObligationMember"
      decimals="-3"
      id="Tag4472"
      unitRef="BRL">56711000</ifrs-full:OtherProvisions>
    <ifrs-full:OtherShorttermProvisions
      contextRef="I20211231_ProvisionForAssetRetirementObligationMember"
      decimals="-3"
      id="Tag4473"
      unitRef="BRL">4632000</ifrs-full:OtherShorttermProvisions>
    <ifrs-full:OtherLongtermProvisions
      contextRef="I20211231_ProvisionForAssetRetirementObligationMember"
      decimals="-3"
      id="Tag4474"
      unitRef="BRL">52079000</ifrs-full:OtherLongtermProvisions>
    <ifrs-full:DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory contextRef="D20211231_3" id="Tag4560">
&lt;p style="margin: 0pt 0pt 7pt; break-after: avoid; break-inside: avoid; text-indent: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;&lt;span style="border-left: none; border-right: none;"&gt;23&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;. Provisions and contingencies&lt;/span&gt;&lt;/span&gt;&lt;br/&gt;&lt;/p&gt;
&lt;p style="margin: 0pt 0pt 7pt; break-after: avoid; break-inside: avoid; text-align: justify; text-indent: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;a. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Provisions for tax, civil, and labor risks&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt 0pt 7pt; text-align: justify; text-indent: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The Company and its subsidiaries are parties in tax, civil, environmental, regulatory, and labor disputes at the administrative and judiciary levels, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;which&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, when applicable, are backed by escrow deposits. Provisions for losses are estimated and updated by&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;m&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;anagement &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;based on &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the opinion of the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Company&#x2019;s &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;legal department and its &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;external &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;legal &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;advisors&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;The table below demonstrates the breakdown of provisions by nature and its movement:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-left: none; border-right: none;"&gt;
&lt;div id="t_ft_KGNP8GNBQ800000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 111px; text-indent: 0px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 10px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 21.0526%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Provisions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Additions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Reversals &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Payments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 7.16374%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Interest &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 11.6959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Reclassification to liabilities held for sale (i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.46199%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 21.0526%; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; IRPJ and CSLL (a.1.1) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.33333%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 547,862 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.31579%; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.75439%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.89474%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.31579%; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.60819%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.89474%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (6,966 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.31579%; height: 17px; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.75439%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.89474%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.31579%; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.60819%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.16374%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 11,276 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.31579%; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.75439%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.6959%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.75439%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.33333%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 552,172 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.46199%; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 21.0526%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; ICMS (c) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.33333%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 108,568 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 58,839 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.60819%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (83,536 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.60819%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.16374%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 284 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.6959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.33333%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 84,155 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.46199%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 21.0526%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; Civil, environmental and regulatory claims (a.2.1) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 57,772 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 87,066 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (9,702 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (8,116 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.16374%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 724 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 11.6959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (18,983 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 108,761 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.46199%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 21.0526%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Labor litigation (a.3.1) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 90,675 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 42,826 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (4,432 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (17,068 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.16374%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,620 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.6959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (19,161 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 95,460 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.46199%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 21.0526%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Others &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 93,168 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 63 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,457 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 10px; width: 7.16374%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 704 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 10px; width: 11.6959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (841 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 91,637 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.46199%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 21.0526%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 898,045 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 188,794 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (106,093 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (25,184 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; width: 7.16374%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 15,608 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; width: 11.6959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (38,985 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 932,185 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.46199%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 21.0526%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 43,660 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.16374%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 11.6959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 119,942 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.46199%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 21.0526%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Non-current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.33333%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 854,385 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.60819%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.60819%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.16374%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.6959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.33333%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 812,243 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.46199%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 7pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(i) &lt;span style="border-right: none; border-left: none;"&gt;For further information see Note &lt;span style="border-left: none; border-right: none;"&gt;3&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span style="border-right: none; border-left: none;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.c.&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 6pt 0pt; text-align: justify; text-indent: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Some of the provisions above involve&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in whole or in part, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;escrow deposits&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;


&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Balances of escrow&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; deposits are as follows:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-left: none; border-right: none;"&gt;
&lt;div id="t_ft_VI4C47R96O00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 12.75pt; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 73%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Tax matters &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 731,326 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 789,624 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Labor litigation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 48,147 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 57,603 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Civil and others &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 91,788 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 102,569 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 13.5pt;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 871,261 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 949,796 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;/div&gt;

&lt;p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;"&gt;a.1 Provisions for tax matters&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify; font-family: 'Times New Roman'; font-size: 10PT;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;On October 7, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;2005&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; the subsidiaries Cia. Ultragaz and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Bahiana&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;filed for and obtained a preliminary injunction to recognize and offset PIS and COFINS credits on LPG purchases, against other taxes levied by the&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;R&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;FB&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;notably IRPJ and CSLL. The decision was confirmed by a trial court on May 16, 2008. Under the preliminary injunction the subsidiaries made escrow deposits for these liabilities which amounted to R$&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 534,830&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;2&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;523,136&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as of December 31, 20&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;). On July 18, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;2014&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; a second instance unfavorable decision was published&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and the subsidiaries suspended the escrow deposits, and started to&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; pay income taxes from that date. To revert the court decision the subsidiaries presented a writ of prevention which was dismissed on December 30, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;2014&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;subsidiaries &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;appealed this decision on February 3, 2015. Appeals were also presented to the respective higher courts &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Superior Court of Justice &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#x201c;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;STJ&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#x201d;) &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Federal Supreme Court (&#x201c;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;STF&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#x201d;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;) whose &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;final &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;trial are pending.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;At the STJ, the issue was subject to the system of Repetitive Appeals (Repetitive Issue No. 1093) and is awaiting judgment by the Superior Court.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;a.&lt;span style="border-left: none; border-right: none;"&gt;2&lt;/span&gt; Provisions for &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;c&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;ivil, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;e&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;nvironmental and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;r&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;egulatory &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;c&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;laims&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;a.&lt;span style="border-left: none; border-right: none;"&gt;2.1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; The Company and its subsidiaries &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;maintain&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; provisions for lawsuits and administrative proceedings, mainly derived from contracts &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;entered into&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; with customers &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and former services providers, as well as proceedings related to environmental and regulatory issues in the amount of R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;108,761&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;3&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;2&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;57,772&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as of December 31, 20&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;20&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;).&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; The increase seen during the year is due to the reassessment of likelihood of loss to probable due to unfavorable decisions in several lawsuits received by the subsidiary &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Ipiranga&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;"&gt;a.&lt;span style="border-left: none; border-right: none;"&gt;3&lt;/span&gt; Provisions for labor matters&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;a.&lt;span style="border-left: none; border-right: none;"&gt;3.1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; The Company and its subsidiaries maintain provisions of R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;95,460&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;2&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;90,675&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as of December 31, 20&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;) for labor litigation filed by former employees and by employees of our service providers mainly contesting the non-payment of labor rights.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; The increase seen during the year is due to the reassessment of likelihood of loss to probable due to unfavorable decisions in several lawsuits received by the subsidiary &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Ipiranga&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;b.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Contingent &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;l&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;iabilities&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify; font-family: 'Times New Roman'; font-size: 10PT;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The Company and its subsidiaries &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;are parties in&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;tax, civil, environmental, regulatory, and labor &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;claims whose loss is assessed as &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;possible (proceedings whose chance of loss is &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;more than 25% and less or equal than &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;50%) &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;by&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the Company&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and its subsidiaries&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#x2019; legal departments&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; based on the opinion of its external legal advisors&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; based on th&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ese&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; assessment&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, these claims &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;were not recognized in the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;financial statements&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. The estimated amount of this contingency is R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;3,310,603&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;2&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (R$ 3,236,982&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as of December 31, 20&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;).&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;b.&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt; Contingent &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;l&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;iabilities for &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;t&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;ax &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;m&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;atters and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;ocial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;ecurity &lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The Company and its subsidiaries have contingent liabilities for tax matters and social security in the amount of R$&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;2,292,465&#160;&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;2&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;2,419,000&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as of December 31, 20&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;), mainly represented by:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;b.&lt;span style="border-left: none; border-right: none;"&gt;1.1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; The subsidiary IPP and its subsidiaries have assessments invalidating the offset of excise tax (&#x201c;IPI&#x201d;) credits in connection with the purchase of raw materials used in the manufacturing of products which sales are not subject to IPI under the protection of tax immunity. The amount of this contingency is R$&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;178,422&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; a&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;2&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;176,390&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; as of December 31, 20&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;).&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify; font-size: 10pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold; font-size: 10pt;"&gt;b.1.2&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; The subsidiary IPP and its subsidiaries have legal proceedings related to ICMS. The total amount involved in these proceedings, was R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;1,303,383&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;3&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;2&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;958.134&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as of December 31, 20&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;). Such proceedings arise mostly of the disregard of ICMS credits amounting to R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;209,611&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;2&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;300,707&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as of December 31, 20&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;), of which R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;15,532&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;92,687&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as of December 31, 20&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;) refer to proportional reversal requirement of ICMS credits related to the acquisition of hydrated alcohol; of alleged non-payment in the amount of R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;106,590&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;2&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;98,157&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as of December 31, 20&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;);&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of conditioned fruition of fiscal incentive in the amount of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;174,039&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;2&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;119,894&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as of December 31, 20&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;); &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;inventory differences in the amount of R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;295,163&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;2&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;269,581&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as of December 31, 20&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;; and of fiscal &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;equilibrium&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; fund &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;required by States to fruition tax benefits &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in the amount of R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;59,128&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and a 2% surcharge on products considered non-essential &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;hydrated ethanol&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; in the amount of R$ 219,218&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;as of December 31, 2021.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;b.1.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; The Company and its subsidiaries are parties to administrative and judicial suits involving Income Tax, Social &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Security Contribution, PIS and COFINS, substantially about denials of offset claims and credits disallowance which total amount is R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;578,097&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;2&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (R$ 709,338&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as of December 31, 20&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;), mainly represented by:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;b.1.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;.1&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;T&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;he subsidiary IPP received a tax assessment related to the IRPJ and CSLL resulting from the alleged undue amortization of the goodwill paid on acquisition of a subsidiary, in the amount of R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;218,589&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;2&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;212,350&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as of December 31, 20&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, which includes the amount of the income taxes, interest and penalty. &lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;b.2 Contingent &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;l&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;iabilities for &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;c&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;ivil, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;e&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;nvironmental and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;r&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;egulatory &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;c&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;laims &lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The Company and its subsidiaries have contingent liabilities for civil, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;environmental&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and regulatory claims in the amount of R$&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;771,695&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;2&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (R$&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;561,713&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as of December 31, 20&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;), mainly represented by:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;b.2.1&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; The subsidiary Cia. Ultragaz is party to an administrative proceeding before CADE based on alleged anti-competitive practices in the State of Minas Gerais in 2001. The CADE entered a decision against Cia. Ultragaz and imposed a penalty of R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;34,162&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;2&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;33,895&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as of December 31, 20&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;). The imposition of such administrative decision was suspended by a court order and its merit is being judicially reviewed.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;b.2.2&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The subsidiary &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Cia. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Ultragaz has &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;lawsuits totaling &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the amount of R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;233,426&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (R$ 186,381 on December 31, 2020) filed by resellers seeking the declaration of nullity and termination of distribution contracts, in addition to indemnities for losses and damages.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;b.2.3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The subsidiary IPP&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;became party to &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;an&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; administrative proceeding filed by CADE,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;related to allegations of anti-competitive practices in the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Distrito Federal&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; which was &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;established&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; in June 2020, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;arising from a preliminary investigation started in 2009. IPP has already presented its defense and the proceeding is in the evidentiary stage&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;In&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 2020&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and 2019&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;IPP received &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;two&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;fine&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in the amount of R$ 8,187&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and R$ 40,693&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;for allegedly influencing uniform commercial conduct among fuel resellers&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; around&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;city&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Belo Horizonte, state of Minas Gerais&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and in Joinville, Santa Catarina&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;T&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;he IPP submitted both decisions to judicial review and in both &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;cases&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; decisions were issued suspending the enforceability of fines due to the judicial guarantees presented.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; Management supported by their external legal advisors classify the likelihood of loss as remote.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;b.2.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;4&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; On November 29, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;2016&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; a technical opinion was issued by the Operational Support Center for Execution (Centro de &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Apoio&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Operacional&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &#xe0; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Execu&#xe7;&#xe3;o&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#x2013;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; CAEX), a technical body linked to the S&#xe3;o Paulo State Public Prosecutor (&#x201c;MPE&#x201d;), presenting a proposal of compensation for the alleged environmental damages caused by the fire on April 2&lt;sup&gt;nd&lt;/sup&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, 2015 at the Santos Terminal of the subsidiary &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Ultracargo&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Log&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#xed;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;stica&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. This technical opinion is non-binding, with no condemnatory or sanctioning nature, and will still be evaluated by the authorities and parties. The subsidiary &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;disagrees with the methodology and the assumptions adopted in the proposal and&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;is negotiating an agreement with the MPE and the Brazilian Federal Public Prosecutor (&#x201c;MPF&#x201d;), &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;since the beginning of the investigation &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and currently there is no &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;civil &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;lawsuit filed on the matter. The negotiations relate to &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic;"&gt;in natura&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; repair of the any damages&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. T&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;hus, on May 15, 2019, the subsidiary &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Ultracargo&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Log&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#xed;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;stica&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;signed&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; a Partial Conduct Adjustment Commitment Agreement (&#x201c;TAC&#x201d;) &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in the amount of R$ 67,539 &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;with the MPE and MPF to compensate for diffuse and collective damages of any kind arising from the fish mortality and the damage caused to the ichthyofauna. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The n&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;egotiation on compensation for other alleged damages are still ongoing and once concluded&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, the payments related to the project costs may affect the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;future &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Company&#x2019;s f&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;inancial statements&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The MPF filed a&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;criminal case against&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the subsidiary &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Ultracargo&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Log&#xed;stica&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, which&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;was summoned and replied to the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;complaint&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; on June 19&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, 2018&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;On September 12, 2019, at a hearing in the federal court of Santos, the MPF and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Ultracargo&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Log&#xed;stica&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; agreed, and the judicial authority approved, the conditional suspension of the criminal proceedings for a period of 2 years, when &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Ultracargo&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Log&#xed;stica&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; shall then prove compliance with the execution of the Partial TAC signed, with the obligation of a complementary allocation of R$ 13,000 to &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;TAC and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the Fisheries Management Project, to obtain the definitive filing of the process&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;On February 4, 2021, the subsidiary paid the remaining balance referring to the TAC, without pending and/or additional financial obligation arising from such commitment assumed. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;In addition, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as of&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;3&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;2&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, there &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;are&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; contingent liabilities&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;related to lawsuits in the amount of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;2,022&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(R$&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;4,428&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as of&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; December 31, 20&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Between &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;2020&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;21&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, there &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;were&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; no&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; extrajudicial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;claims&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;b.3 Contingent &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;l&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;iabilities for &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;l&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;abor &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;m&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;atters &lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The Company and its subsidiaries have contingent liabilities for labor matters in the amount of R$&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;246,443&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;2&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;256,269&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as of December 31,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;c.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Lubricants operation between IPP and Chevron&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;In the process of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;transaction&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the lubricants&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;'&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; operation in Brazil between Chevron and subsidiary &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;IPP ,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; it was agreed that each shareholder is responsible for any claims arising out of acts, facts or omissions that occurred prior to the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;transaction&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. T&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;he liability provisions of the Chevron shareholder in the amount of R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;19,724&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;(R&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;101,663&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as of December 31, 20&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; are reflected in the consolidation of these&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; financial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;statements&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. Additionally, in connection with the business combination, a provision in the amount of R$ 198,900 was recognized on December 1, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;2017&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; due contingent liabilities&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, amounted &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;to &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;R&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;$&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;101,267&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; as&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;2&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (R$&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;102,777&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as of December 31, 20&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. The amounts of provisions of Chevron's liability &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;recognized in the business combination &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;will be reimbursed to subsidiary &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Iconic&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; in the event of losses and an indemnity asset &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;was&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; hereby constituted in the same amount&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, without the need to establish a provision for uncollectible amounts&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;P&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;art of the provision of the Chevron related to the ICMS tax assessment (R$ 81,060)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; for the period from July 1996 to Dec&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ember &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1997&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; was definitively extinguished through the payment made&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; by the Chevron&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; in the tax amnesty program, established by the Agreement ICMS/RJ No. &lt;span style="border-left: none; border-right: none;"&gt;51&lt;/span&gt;/&lt;span style="border-left: none; border-right: none;"&gt;2020&lt;/span&gt; (Decree/RJ No. &lt;span style="border-left: none; border-right: none;"&gt;47&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;332&lt;/span&gt;/&lt;span style="border-left: none; border-right: none;"&gt;2020&lt;/span&gt; and State Law of RJ No. &lt;span style="border-left: none; border-right: none;"&gt;9,041&lt;/span&gt;/&lt;span style="border-left: none; border-right: none;"&gt;2020&lt;/span&gt;) on April 16, 2021.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;value&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; of the provision of the Chevron indemnification&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in the amount &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;19,724&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; refers to: &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;i&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;) &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;R$ &lt;span style="border-left: none; border-right: none;"&gt;17,231&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ICMS assessments on sales for industrial purposes, in which the STF closed the judgment of the thesis unfavorably to taxpayers; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ii&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;) &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;2,207&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;labor claims&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; a&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;nd (iii)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; R$ 285&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;civil, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;regulatory&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and environmental claims.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
</ifrs-full:DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory>
    <ifrs-full:DisclosureOfProvisionsExplanatory contextRef="D20211231_3" id="Tag4541">
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;The table below demonstrates the breakdown of provisions by nature and its movement:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-left: none; border-right: none;"&gt;
&lt;div id="t_ft_KGNP8GNBQ800000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 111px; text-indent: 0px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 10px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 21.0526%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Provisions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Additions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Reversals &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Payments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 7.16374%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Interest &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 11.6959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Reclassification to liabilities held for sale (i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Balance on 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 10px; width: 1.46199%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 21.0526%; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; IRPJ and CSLL (a.1.1) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.33333%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 547,862 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.31579%; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.75439%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.89474%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.31579%; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.60819%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.89474%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (6,966 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.31579%; height: 17px; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.75439%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.89474%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.31579%; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.60819%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 7.16374%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 11,276 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.31579%; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.75439%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.6959%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.75439%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 8.33333%; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 552,172 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.46199%; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 21.0526%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; ICMS (c) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.33333%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 108,568 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 58,839 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.60819%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (83,536 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.60819%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.16374%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 284 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.6959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.33333%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 84,155 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.46199%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 21.0526%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; Civil, environmental and regulatory claims (a.2.1) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 57,772 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 87,066 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (9,702 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (8,116 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.16374%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 724 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 11.6959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (18,983 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 108,761 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.46199%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 21.0526%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Labor litigation (a.3.1) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 90,675 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 42,826 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (4,432 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (17,068 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.16374%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,620 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.6959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (19,161 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 95,460 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.46199%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 21.0526%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Others &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 93,168 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 63 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,457 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 10px; width: 7.16374%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 704 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 10px; width: 11.6959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (841 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 91,637 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.46199%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 21.0526%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 898,045 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 188,794 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (106,093 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (25,184 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; width: 7.16374%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 15,608 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; width: 11.6959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (38,985 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 932,185 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.46199%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 21.0526%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 43,660 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.60819%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7.16374%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 11.6959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 8.33333%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 119,942 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.46199%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 21.0526%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Non-current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.33333%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 854,385 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.60819%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.89474%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.60819%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 7.16374%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31579%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.6959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.75439%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.33333%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 812,243 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.46199%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 7pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(i) &lt;span style="border-right: none; border-left: none;"&gt;For further information see Note &lt;span style="border-left: none; border-right: none;"&gt;3&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span style="border-right: none; border-left: none;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.c.&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
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      unitRef="BRL">18983000</ifrs-full:DecreaseThroughTransferToLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleOtherProvisions>
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      unitRef="BRL">90675000</ifrs-full:OtherProvisions>
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      unitRef="BRL">2620000</ifrs-full:IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions>
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      id="Tag7019"
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    <ugp:SummaryOfBalancesOfEscrowDepositsTableTextBlock contextRef="D20211231_3" id="Tag4459">
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Balances of escrow&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; deposits are as follows:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-left: none; border-right: none;"&gt;
&lt;div id="t_ft_VI4C47R96O00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 12.75pt; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 73%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Tax matters &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 731,326 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 789,624 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Labor litigation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 48,147 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 57,603 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Civil and others &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 91,788 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 102,569 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 13.5pt;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 871,261 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 949,796 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;/div&gt;
</ugp:SummaryOfBalancesOfEscrowDepositsTableTextBlock>
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      contextRef="I20201231_TaxMattersMember"
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      id="Tag4565"
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    <ifrs-full:LongtermDeposits
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    <ifrs-full:LongtermDeposits
      contextRef="I20201231_LaborLitigationMember"
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      id="Tag4590"
      unitRef="BRL">57603000</ifrs-full:LongtermDeposits>
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      contextRef="I20211231_CivilEnvironmentalAndRegulatoryClaimsMember"
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      id="Tag4343"
      unitRef="BRL">91788000</ifrs-full:LongtermDeposits>
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      contextRef="I20201231_CivilEnvironmentalAndRegulatoryClaimsMember"
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      id="Tag4589"
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    <ifrs-full:LongtermDeposits
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    <ifrs-full:LongtermDeposits
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      id="Tag4605"
      unitRef="BRL">949796000</ifrs-full:LongtermDeposits>
    <ugp:EscrowDepositsMadeUnderPreLiminaryInjunction
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag4436"
      unitRef="BRL">534830000</ugp:EscrowDepositsMadeUnderPreLiminaryInjunction>
    <ugp:EscrowDepositsMadeUnderPreLiminaryInjunction
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag4569"
      unitRef="BRL">523136000</ugp:EscrowDepositsMadeUnderPreLiminaryInjunction>
    <ugp:ProvisionsForLawsuitsAndAdministrativeProceedings
      contextRef="I20211231"
      decimals="-3"
      id="Tag4534"
      unitRef="BRL">108761000</ugp:ProvisionsForLawsuitsAndAdministrativeProceedings>
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      contextRef="I20201231"
      decimals="-3"
      id="Tag4586"
      unitRef="BRL">57772000</ugp:ProvisionsForLawsuitsAndAdministrativeProceedings>
    <ugp:ProvisionsForLaborLitigationFiledByFormerEmployees
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      decimals="-3"
      id="Tag7022"
      unitRef="BRL">95460000</ugp:ProvisionsForLaborLitigationFiledByFormerEmployees>
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&lt;p style="margin: 0pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;&lt;span style="border-left: none; border-right: none;"&gt;24&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;Deferred &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;r&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;evenue&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The subsidiaries &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of the Company &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;have recognized the following deferred revenue:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;table cellpadding="0" style="height: 86px; border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; text-indent: 0px;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 73%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#x2018;am/pm&#x2019; and Jet Oil franchising upfront fee (a) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 12%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 420 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 12%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 814 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; Loyalty program &#x201c;Km de Vantagens&#x201d; (b) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 5,205 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 15,424 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; Loyalty program &#x201c;Clube Extrafarma&#x201d; (b) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,044 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Total current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 5,625 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 18,282 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;a. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Franchising &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;u&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;pfront &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;f&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;ee&#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;am/pm is the convenience stores chain of the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Ipiranga&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; service stations and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;o&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;n December 31, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;202&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; had &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;8&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; stores&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (unaudited)&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;with initial deferred franchising upfront fee&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; as the requirements for recognition in income have not yet been met (20 stores (unaudited) as of December 31, 2020). In &lt;span style="border-left: none; border-right: none;"&gt;2021&lt;/span&gt;, 90 stores (unaudited) were opened in total &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(58&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;stores&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (unaudited) opened &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;i&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;n &lt;span style="border-left: none; border-right: none;"&gt;2020&lt;/span&gt;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Jet Oil&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; i&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s the network specialized in oil changes and automotive services at &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Ipiranga&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; gas stations and as of December 31, 2021, it had &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;8&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; stores (unaudited) opened with initial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;deferred &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;franchise&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; upfront&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; fee &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as the requirements for recognition in income have not yet been met (4 stores (unaudited) as of December 31, 2020). In &lt;span style="border-left: none; border-right: none;"&gt;2021&lt;/span&gt;, 45 stores (unaudited) were opened in total&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(45 stores (unaudited) opened &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;span style="border-left: none; border-right: none;"&gt;2020&lt;/span&gt;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. &lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;For more information&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;on the deferred income from the initial franchise fee&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; see Note &lt;span style="border-left: none; border-right: none;"&gt;2&lt;/span&gt;.a.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;b. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Loyalty &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;p&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;rogram&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;s&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; loyalty program called K&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;M&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; de &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Vantagens&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;under which registered customers are rewarded with points when they buy products &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in several partners, including &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Ipiranga&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#x2019;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; service station&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;was&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;transferred&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; to &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Abastece&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;a&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#xed;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (www.abasteceai.com.br). The &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ubsidiary &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;IPP &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;remains a partner in the program, offering cashback to &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;its&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; customers &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;based on the limits negotiated under the terms of the partnership, where, after the customer &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;meet the requirements for the right to the benefit, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Abastece&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;a&#xed;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; i&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;mmediately credits the amount to the customer's virtual wallet and charges I&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;PP&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;which reimburses &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Abastece&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;a&#xed;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; a&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;nd recognizes &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the same amount &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;reduction&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; in sales&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;At the end of each year, the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;subsidiary&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; IPP assesses the points available to its customers with the potential to become cashback in future years and recognizes such probability as deferred income.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Subsidiary &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Extrafarma&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; has a loyalty program called &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Clube &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Extrafarma&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;under which registered customers are rewarded with points when they buy products at its drugstore chain. The customers may exchange these points, during the period of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="-sec-ix-hidden:Tag7847"&gt;six&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;months, for&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;discounts in products at its drugstore chain&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;recharge credit on a mobile phone, and&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;prizes&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; offered by partners&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Multiplus&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Fidelidade&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Ipiranga&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;through&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; Km de &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Vantagens&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Points received by &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Extrafarma&#x2019;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; customers are &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;recognized as a reduction&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; of&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;revenue from sales and services&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;On December 31, 2021, the balance &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in the amount of R$ 927 &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;was reclassified to a liability held for sale&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&#160;&#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Deferred revenue is &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;estimated &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;based on the fair value of the points granted, considering the value of the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;prizes&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and the expected redemption of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;these &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;points.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;For more information on deferred revenue from loyalty program, see Note &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;2.a.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
</ugp:DisclosureOfDeferredRevenueTextBlock>
    <ugp:SummaryOfDeferredRevenueInSubsidiariesTableTextBlock contextRef="D20211231_3" id="Tag4800">
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The subsidiaries &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of the Company &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;have recognized the following deferred revenue:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;table cellpadding="0" style="height: 86px; border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; text-indent: 0px;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 73%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#x2018;am/pm&#x2019; and Jet Oil franchising upfront fee (a) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 12%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 420 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 12%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 814 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; Loyalty program &#x201c;Km de Vantagens&#x201d; (b) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 5,205 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 15,424 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; Loyalty program &#x201c;Clube Extrafarma&#x201d; (b) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,044 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Total current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 5,625 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 18,282 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
</ugp:SummaryOfDeferredRevenueInSubsidiariesTableTextBlock>
    <ifrs-full:DeferredIncomeIncludingContractLiabilities
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      id="Tag4719"
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      unitRef="Store">8</ugp:NumberOfStoresWhichHaveNotYetMetPerformanceRequirements>
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      id="Tag4716"
      unitRef="Store">20</ugp:NumberOfStoresWhichHaveNotYetMetPerformanceRequirements>
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      contextRef="I20211231_JetOilMember"
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      id="Tag241"
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&lt;p&gt;&lt;span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"&gt;&lt;span style="border-left: none; border-right: none;"&gt;25&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"&gt;.&lt;/span&gt;&lt;span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"&gt;&#160;&lt;/span&gt;&lt;span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"&gt;Subscription &lt;/span&gt;&lt;span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"&gt;w&lt;/span&gt;&lt;span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"&gt;arrants &#x2013; &lt;/span&gt;&lt;span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"&gt;i&lt;/span&gt;&lt;span style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"&gt;ndemnification&lt;/span&gt;&lt;br/&gt;&lt;/p&gt;
&lt;div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Because of the association between the Company and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Extrafarma&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;o&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;n January 31, 2014, &lt;span style="border-left: none; border-right: none;"&gt;7&lt;/span&gt; subscription warrants &#x2013; indemnification &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;were&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;issued, corresponding to up to &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;6,411,244&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; shares&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; of the Company&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. The subscription warrants &#x2013; indemnification could be exercised &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;beginning&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;span style="border-left: none; border-right: none;"&gt;2020&lt;/span&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;by the former shareholders of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Extrafarma&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and are adjusted according to the changes in the amounts of provisions for tax, civil, and labor risks and contingent liabilities related to the period prior to January 31, 2014. The subscription warrants &#x2013; indemnification&#x2019;s fair value is measured based on the share price of Ultrapar (UGPA&lt;span style="border-left: none; border-right: none;"&gt;3&lt;/span&gt;) and is reduced by the dividend yield until &lt;span style="border-left: none; border-right: none;"&gt;2020&lt;/span&gt;, since the exercise is possible only from &lt;span style="border-left: none; border-right: none;"&gt;2020&lt;/span&gt;, and they are not entitled to dividends &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;while they are not converted into shares&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;On February 23, 2022 the issuance of 43,925 common shares (see Note 35) and August 11, 2021, February 24, 2021, August 12, 2020 and February 19, 2020, the Company&#x2019;s Board of Directors approved, the issuance of&#160;31,032, 70,939, 86,978 and&#160;2,108,542, &lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;respectively,&#160;&lt;/span&gt;common shares within the authorized capital limit provided by the article&#160;6 of the Bylaws, due to the partial exercise of the rights conferred by the subscription warrants issued by the Company at the time of the merger of all Extrafarma shares into the Company, approved by the Extraordinary General Meeting ("EGM") of the Company held on January 31, 2014. &#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;As set out in the association agreement between the Company and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Extrafarma&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; of January 31, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;2014&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and due to the unfavorable decisions on some lawsuits&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;with triggering&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;events prior to&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; January 31, 2014, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;578,538&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;shares linked to the subscription warrants &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#x2013;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; indemnification were canceled and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;not&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; issue&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;d&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;On &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;span style="border-left: none; border-right: none;"&gt;2021&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;3,527,934&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;shares&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;were&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; retained linked to subscription warrants &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#x2013;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; indemnification which &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;will&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; be issued &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;or canceled &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as the final decisions&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;on the lawsuits are determined,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the maximum number of shares that can be issued in the future, total R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;51,296 (R$ 86,439 as of December 31, 2020)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;
</ugp:DisclosureOfSubscriptionWarrantsExplanatory>
    <ugp:SubscriptionWarrantsSharesIssued
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    <ugp:MaximumNumberOfSharesToBeIssuedSubscriptionWarrants
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      contextRef="D20140131"
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      id="Tag4871"
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    <ugp:SubscriptionWarrants
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      id="Tag4844"
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    <ugp:SubscriptionWarrants
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      id="Tag4803"
      unitRef="BRL">86439000</ugp:SubscriptionWarrants>
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&lt;p style="margin: 0pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;&lt;span style="border-left: none; border-right: none;"&gt;26&lt;/span&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;Equity&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;a. Share &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;c&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;apital&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;On &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;1&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;20&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;2&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;1&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; t&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;he subscribed and paid-in capital stock consists of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;1,115,107,683&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;(&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;1,115,005,712&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; as of December 31, 20&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;20&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; common shares with no par value&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and the issuance of preferred shares and participation certificates is prohibited.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Each common share entitles its holder to one vote at Shareholders&#x2019; Meetings.&#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;As of&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;1&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;20&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;2&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;1&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; there were &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;50,374,275&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;common shares outstanding abroad in the form of ADRs&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;47,413,094&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;shares &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as of December&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 31&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, 20&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;20&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;46,518,315 shares as of December 31, 2019&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;br/&gt;&lt;/p&gt;
&lt;div&gt;
&lt;div id="t_ft_F8T096F0KW00000000000000000000b"&gt;

&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;b.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Equity instrument granted&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The Company has a &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;share-based incentive plan, which establishes the general terms and conditions for the concession of common shares issued by the Company held in treasury (see &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;N&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ote &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;9&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.c).&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;c.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Treasury &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;hares&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;The Company acquired its own shares at market prices, without capital reduction, to be held in treasury and to be subsequently disposed of or cancelled. &lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;As of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;1&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;20&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;2&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;1, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;23,756,393&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; common shares (24,739,626 as of December 31, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;20&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;20&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;26,780,298 as of December 31, 2019&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;were held in the Company's treasury, acquired at an average cost of R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;18.13&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (R$ 19.77 as of December 31, 20&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;20&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and R$ 18.12 as of December 31, 201&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;9&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;d.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Capital &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;r&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;eserve &lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The capital reserve reflects the gain on the transfer of shares at market price used in the Deferred Stock Plan granted to executives of the subsidiaries&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; of the Company&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, as mentioned in Note &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;9&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.c.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Because &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Extrafarma&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#x2019;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; associa&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;tion&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 2014&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; the Company recognized an increase in the capital reserves in the amount of R$ 498,812, due to the difference between the value attributable to share capital and the market value of the Ultrapar shares on the date of issu&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;anc&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;e&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, deducted &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;by &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;R$ 2,260 related to the&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; incurred costs directly attributable to issuing new shares&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; Additionally, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;August 11&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, 2021&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; February 24, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;2021&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, August 12, 2020 and on February 19, 2020&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;and, there was an increase in the reserve &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in the&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; amount of R$ 448&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, R$ 1,371&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; R$ 1,691&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and R$ 53,072&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, respectively&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, due to the partial exercise of the subscription warrants &#x2013; indemnification (see note &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;25&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;).&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;e.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Revaluation &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;r&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;eserve&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The revaluation reserve&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;recognized&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; prior to the adoption of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the international accounting standards (IFRS)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; reflects the revaluation of assets of subsidiaries and is based on depreciation, write-off, or disposal of the revalued assets of the subsidiaries, as well as the tax effects recognized by these subsidiaries.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;div&gt;
&lt;div id="t_ft_QHEJTEK4LS00000000000000000000b"&gt;

&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;f.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Profit &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;r&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;eserves&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;f.1 &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Legal &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;r&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;eserve&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Under Brazilian Corporate Law, the Company is required to &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;allocate&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;5% of net annual earnings to a legal reserve, until the balance reaches 20% of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;share &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;capital. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;As of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;1&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, 2021, the legal reserve totaled R$ 791,083 (R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;750,010&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; as of December 31, 2020). &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;This reserve may be used to increase capital or &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;to &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;absorb losses but may not be distributed as dividends.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;f.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;2&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Investments &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;r&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;eserve&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;In compliance with Article 194 of the Brazilian Corporate Law and Article 54.b) of the Bylaws this reserve is aimed to protect the integrity of the Company&#x2019;s assets and to supplement its capital stock, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in order to&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; allow new investments to be made. As provided in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;its&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; Bylaws, the Company may allocate up to 50% of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the annual &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;net income, after deducting the legal reserve, to the investments reserve&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; up to the limit of 100% of the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;share &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;capital.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The investments reserve &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;is &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;free of distribution restrictions and totaled R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;4,073,876&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;1&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, 20&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;2&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;1&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;3,658,265&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as of&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; December 31, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;20&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;20&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;g.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Other comprehensive income&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="font-size: 10pt; font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;g.1&#160;Other reserves&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_IP1LZ023SG00000000000000000000b"&gt;
&lt;table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;"&gt;
&lt;tbody&gt;
&lt;tr&gt;
&lt;td style="width: 5%; text-align: center; vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(i)&lt;/span&gt;&lt;/td&gt;
&lt;td style="width: 95%; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;Gains and losses on the hedging instruments of exchange rate related to firm commitment and highly probable transactions designated as cash flows hedges are recognized in equity as &#x201c;other reserves&#x201d;. Gains and losses are reclassified to initial cost of non-financial assets recognized in&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;statements of&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;profit or loss&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;at the moment&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;&#160;of paid off of the hedge instrument.&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td style="text-align: center; vertical-align: top;" valign="top"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="text-align: justify;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td style="text-align: center; vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(ii)&lt;/span&gt;&lt;/td&gt;
&lt;td style="text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;The differences between the fair value of financial investments measured at fair value through other comprehensive income and the initial&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;amount&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;&#160;of financial investments plus the earned income and the foreign currency exchange variation are recognized in equity as &lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;other reserves&lt;/span&gt;. Gains and losses are reclassified to statements of profit or loss when the financial investment is settled.&lt;/span&gt;&lt;/span&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td style="text-align: center; vertical-align: top;" valign="top"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="text-align: justify;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td style="text-align: center; vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(iii)&lt;/span&gt;&lt;/td&gt;
&lt;td style="text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;Actuarial g&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;ains&#160;and losses relating to post-employment benefits, calculated based on a valuation conducted by an independent actuary, are recognized in equity&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;under&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;the title&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;&#x201c;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;other reserves&lt;/span&gt;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;&#x201d;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;.&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;Actuarial g&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;ains&#160;and losses recorded in equity are&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;not&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;reclassified to profit or loss in&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;subsequent periods&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td style="text-align: center; vertical-align: top;" valign="top"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="text-align: justify;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td style="text-align: center; vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(iv)&lt;/span&gt;&lt;/td&gt;
&lt;td style="text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;The Company&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;also&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;recognizes in this&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;item&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;&#160;the effect of changes in the non-controlling interest in subsidiaries that do not result in loss of control. This amount corresponds to the difference between the amount by which the non&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;-&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;controlling interest was&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;adjusted&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;&#160;and the fair value of the consideration received or paid and represents a transaction with shareholders.&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div&gt;
&lt;div id="t_ft_GJDSSSD03400000000000000000000b"&gt;

&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Balance and changes in &lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;other reserves&lt;/span&gt; of the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Company&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; are as follows:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_M54HF53XQO00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 265px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 65px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; width: 36.756%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; border-bottom: 1pt solid #000000; width: 9.82143%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Fair value of cash flow hedging instruments (i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; border-bottom: 1pt solid #000000; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Fair value of financial instruments (ii) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; width: 1.33929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; width: 1.6369%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; border-bottom: 1pt solid #000000; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Actuarial (loss) gain of post-employment benefits (iii) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; width: 1.33929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; border-bottom: 1pt solid #000000; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Non-controlling shareholders interest change (iv) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; width: 1.4556%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; border-bottom: 1pt solid #000000; width: 9.52381%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px; width: 36.756%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2018 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.82143%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (243,336 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (273 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.33929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.6369%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (17,749 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.33929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 197,369 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4556%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.52381%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (63,989 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; width: 36.756%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Changes in fair value of financial instruments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.82143%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (76,479 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 478 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.6369%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4556%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.52381%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (76,001 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px; width: 36.756%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; IRPJ and CSLL on fair value &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.82143%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 23,683 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.33929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.6369%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.33929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4556%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.52381%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 23,683 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; width: 36.756%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Actuarial loss of post-employment benefits &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.82143%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.6369%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (41,794 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4556%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.52381%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (41,794 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 22px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 22px; width: 36.756%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Income and social contribution taxes on actuarial losses &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; border-bottom: 1pt solid #000000; width: 9.82143%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; border-bottom: 1pt solid #000000; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;-&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; width: 1.33929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; width: 1.6369%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; border-bottom: 1pt solid #000000; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 11,784 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; width: 1.33929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; border-bottom: 1pt solid #000000; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; width: 1.4556%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; border-bottom: 1pt solid #000000; width: 9.52381%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 11,784 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 36.756%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.82143%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (296,132 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 205 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.6369%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (47,759 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 197,369 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4556%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.52381%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (146,317 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 36.756%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Changes in fair value of financial instruments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.82143%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (477,570 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 64 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.33929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.6369%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.33929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4556%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.52381%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (477,506 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 36.756%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; IRPJ and CSLL on fair value &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.82143%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 164,425 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.33929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.6369%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.33929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4556%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.52381%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 164,425 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 36.756%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Actuarial loss of post-employment benefits &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.82143%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.33929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.6369%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (7,725 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.33929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4556%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.52381%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (7,725 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 36.756%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Income and social contribution taxes on actuarial losses &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 9.82143%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.6369%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,133 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4556%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 9.52381%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,133 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 36.756%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.82143%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (609,277 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 269 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.33929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.6369%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (53,351 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.33929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 197,369 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4556%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.52381%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (464,990 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 36.756%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Changes in fair value of financial instruments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.82143%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 12,036 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (672 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.6369%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4556%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.52381%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 11,364 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 36.756%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; IRPJ and CSLL on fair value &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.82143%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (4,060 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.33929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.6369%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.33929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4556%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.52381%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (4,060 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 36.756%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Actuarial gain of post-employment benefits of subsidiaries, net &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.82143%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.6369%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 49,550 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4556%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.52381%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 49,550 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 36.756%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; IRPJ and CSLL on actuarial gains &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; width: 9.82143%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.33929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.6369%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (14,002 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.33929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4556%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; width: 9.52381%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (14,002 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 36.756%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 9.82143%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (601,301 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (403 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.6369%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (17,803 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 197,369 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4556%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 9.52381%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (422,138 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;g.2 &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Cumulative &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;t&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;ranslation &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;a&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;djustments&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The change in exchange rates on assets, liabilities&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and income of foreign subsidiaries that have functional currency other than the presentation currency of the Company&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; an independent &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;management&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (see Note 2.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;t&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.1)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the exchange rate variation on &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;notes &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;i&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;n the foreign market&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, net of income taxes&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (see Note 33&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.h.3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; is directly recognized in the equity. This cumulat&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ive&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; effect is reflected in profit or loss as a gain or loss only in case of disposal or write-off of the investment.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Balance and changes in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;cumulative translation adjustments&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of the Company &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;are as follows:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_QMZDPPLCGG00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto; height: 74px;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center; font-weight: bold;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center; font-weight: bold;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center; font-weight: bold;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Initial balance &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 231,596 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 102,427 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 65,857 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; width: 65%; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Currency translation adjustment of foreign subsidiaries &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 10%; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 97,113 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 10%; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 202,277 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; width: 1%; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; width: 10%; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 46,330 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; width: 1%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Effect of foreign currency exchange rate variation on financial instruments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (36,461 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (110,770 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (14,788 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 10px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; IRPJ and CSLL on foreign currency exchange rate variation on financial instruments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 12,397 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 37,662 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 5,028 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Final balance &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 304,645 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 231,596 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; border-bottom: 2.8pt double #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 102,427 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;div&gt;

&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="font-size: 11pt; line-height: 115%; margin: 2pt 0pt 10pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;h.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Dividends and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;a&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;llocation of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;n&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;et &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;i&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;ncome&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The shareholders &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of the Company are&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; entitled under the Bylaws to a minimum annual dividend of 50% of adjusted net income&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;after allocation of 5% to the legal reserve, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;calculated in accordance with Brazilian Corporate Law. The dividends and interest on equity &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in excess of&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; the obligation established in the Bylaws are recognized in equity until the Shareholders&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; approve them&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The proposed &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;dividends of&#160;2020, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as of December 31, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;2020&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;totaled&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; R$ 479,748 (R$ 0.44 &#x2013; forty-four cents of Brazilian Real per share), were approved by the Board of Directors on February 24, 2021, and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;were&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; paid &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;from &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;March 12, 2021.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;On August 11, 2021, the interim dividends were approved in the amount of R$ 218,074 (R$ 0.20 &#x2013; twenty cents per share), paid &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;on &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;August, 2021.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The proposed &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;dividends payable of 2021&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as of December 31, 202&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;1&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;totaled&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;185,896&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;0.17&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#x2013; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;seventeen&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;cents of Brazilian Real per share), were approved by the Board of Directors on February &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;22&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, 202&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;2&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;will be&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; paid &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;from &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;March &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;11&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, 202&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;2 onwards&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;The management proposal for the allocation of net income for 2021 and for distribution of dividends is as follow:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_BO7ACS4FGW00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto; height: 289px;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; width: 87%; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; text-decoration: underline;"&gt; Allocation of net income &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; width: 12%; height: 17px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; Net income for the year attributable to shareholders of Ultrapar &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 850,463 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Legal reserve (5% of the net income) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 42,523 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Adjusted net income (basis for dividends) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 807,940 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; Minimum mandatory dividends for the year (50% of the adjusted net income) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 403,970 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Total of distribution &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 403,970 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Interim dividends (R$ 0.20 per share of the Company) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (218,074 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; Balance of proposed dividends (R$ 0.17 per share) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 185,896 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; Allocation of dividends &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; Minimum mandatory dividends for the year (50% of the adjusted net income) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 185,896 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; Balance of proposed dividends (R$ 0.17 per share) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 185,896 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; text-decoration: underline;"&gt; Allocation of net income &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Legal reserve (5% of the net income) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 42,523 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; Minimum mandatory dividends for the year (50% of the adjusted net income) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 403,970 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Statutory reserve &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 403,970 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Total distribution of net income for the year attributable to shareholders of Ultrapar&#160;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-size: 10pt;"&gt; 850,463 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div&gt;

&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;Balances and changes in dividends payable are as follows:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_4K0HTDAQE800000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto; height: 154px;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 87%; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 16,094 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Provisions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 710,206 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Payments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (284,767 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 442,133 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Provisions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 478,366 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Prescribed dividends &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (11,816 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Payments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (705,753 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Reclassification to liabilities of subsidiaries held for sale &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (70 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 202,860 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;

</ifrs-full:DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory>
    <ifrs-full:NumberOfSharesIssuedAndFullyPaid
      contextRef="I20211231_OrdinarySharesMember"
      decimals="0"
      id="Tag4750"
      unitRef="Shares">1115107683</ifrs-full:NumberOfSharesIssuedAndFullyPaid>
    <ifrs-full:NumberOfSharesIssuedAndFullyPaid
      contextRef="I20201231_OrdinarySharesMember"
      decimals="0"
      id="Tag4876"
      unitRef="Shares">1115005712</ifrs-full:NumberOfSharesIssuedAndFullyPaid>
    <ifrs-full:ParValuePerShare
      contextRef="I20211231_OrdinarySharesMember"
      decimals="0"
      id="Tag4937"
      unitRef="BRLPerShare">0</ifrs-full:ParValuePerShare>
    <ifrs-full:RightsPreferencesAndRestrictionsAttachingToClassOfShareCapital contextRef="D20211231_OrdinarySharesMember" id="Tag4881">one</ifrs-full:RightsPreferencesAndRestrictionsAttachingToClassOfShareCapital>
    <ugp:NumberOfSharesOutstandingAbroadInFormOfAmericanDepositaryReceipts
      contextRef="I20211231_OrdinarySharesMember"
      decimals="0"
      id="Tag4676"
      unitRef="Shares">50374275</ugp:NumberOfSharesOutstandingAbroadInFormOfAmericanDepositaryReceipts>
    <ugp:NumberOfSharesOutstandingAbroadInFormOfAmericanDepositaryReceipts
      contextRef="I20201231_OrdinarySharesMember"
      decimals="0"
      id="Tag6203"
      unitRef="Shares">47413094</ugp:NumberOfSharesOutstandingAbroadInFormOfAmericanDepositaryReceipts>
    <ugp:NumberOfSharesOutstandingAbroadInFormOfAmericanDepositaryReceipts
      contextRef="I20191231_OrdinarySharesMember"
      decimals="0"
      id="Tag4782"
      unitRef="Shares">46518315</ugp:NumberOfSharesOutstandingAbroadInFormOfAmericanDepositaryReceipts>
    <ifrs-full:SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates
      contextRef="I20211231_TreasurySharesMember"
      decimals="0"
      id="Tag4822"
      unitRef="Shares">23756393</ifrs-full:SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates>
    <ifrs-full:SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates
      contextRef="I20201231_TreasurySharesMember"
      decimals="0"
      id="Tag4929"
      unitRef="Shares">24739626</ifrs-full:SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates>
    <ifrs-full:SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates
      contextRef="I20191231_TreasurySharesMember"
      decimals="0"
      id="Tag4831"
      unitRef="Shares">26780298</ifrs-full:SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates>
    <ugp:TreasurySharesAveragePrice
      contextRef="D20211231_TreasurySharesMember"
      decimals="2"
      id="Tag6892"
      unitRef="BRLPerShare">18.13</ugp:TreasurySharesAveragePrice>
    <ugp:TreasurySharesAveragePrice
      contextRef="D20201231_TreasurySharesMember"
      decimals="2"
      id="Tag4752"
      unitRef="BRLPerShare">19.77</ugp:TreasurySharesAveragePrice>
    <ugp:TreasurySharesAveragePrice
      contextRef="D20191231_TreasurySharesMember"
      decimals="2"
      id="Tag4821"
      unitRef="BRLPerShare">18.12</ugp:TreasurySharesAveragePrice>
    <ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary
      contextRef="D20211231_ExtrafarmaMember_CapitalReserveMember"
      decimals="-3"
      id="Tag6888"
      unitRef="BRL">498812000</ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary>
    <ifrs-full:ShareIssueRelatedCost
      contextRef="D20211231_CapitalReserveMember"
      decimals="-3"
      id="Tag6719"
      unitRef="BRL">2260000</ifrs-full:ShareIssueRelatedCost>
    <ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary
      contextRef="D20210811_CapitalReserveMember"
      decimals="-3"
      id="Tag4885"
      unitRef="BRL">448000</ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary>
    <ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary
      contextRef="D20210224_CapitalReserveMember"
      decimals="-3"
      id="Tag6882"
      unitRef="BRL">1371000</ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary>
    <ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary
      contextRef="D20200812_CapitalReserveMember"
      decimals="-3"
      id="Tag4686"
      unitRef="BRL">1691000</ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary>
    <ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary
      contextRef="D20200219_CapitalReserveMember"
      decimals="-3"
      id="Tag7491"
      unitRef="BRL">53072000</ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary>
    <ugp:LegalReserveAsPercentageOfNetIncome
      contextRef="D20211231_3"
      decimals="2"
      id="Tag4817"
      unitRef="Pure">0.05</ugp:LegalReserveAsPercentageOfNetIncome>
    <ugp:ThresholdPercentageOfShareCapitalForLegalReserveAllocation
      contextRef="D20211231_3"
      decimals="2"
      id="Tag6280"
      unitRef="Pure">0.20</ugp:ThresholdPercentageOfShareCapitalForLegalReserveAllocation>
    <ugp:LegalReserves
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag4743"
      unitRef="BRL">791083000</ugp:LegalReserves>
    <ugp:LegalReserves
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag6202"
      unitRef="BRL">750010000</ugp:LegalReserves>
    <ugp:StatutoryReserveAsPercentageOfNetIncome
      contextRef="I20211231"
      decimals="2"
      id="Tag4882"
      unitRef="Pure">0.50</ugp:StatutoryReserveAsPercentageOfNetIncome>
    <ugp:ThresholdPercentageOfShareCapitalForInvestmentsReserveAllocation
      contextRef="D20211231_3"
      decimals="2"
      id="Tag4749"
      unitRef="Pure">1</ugp:ThresholdPercentageOfShareCapitalForInvestmentsReserveAllocation>
    <ugp:RetentionOfProfitsAndInvestmentsReserve
      contextRef="D20211231_InvestmentsStatutoryReserveMember"
      decimals="-3"
      id="Tag6876"
      unitRef="BRL">4073876000</ugp:RetentionOfProfitsAndInvestmentsReserve>
    <ugp:RetentionOfProfitsAndInvestmentsReserve
      contextRef="D20201231_InvestmentsStatutoryReserveMember"
      decimals="-3"
      id="Tag4747"
      unitRef="BRL">3658265000</ugp:RetentionOfProfitsAndInvestmentsReserve>
    <ifrs-full:DisclosureOfAnalysisOfOtherComprehensiveIncomeByItemExplanatory contextRef="D20211231_3" id="Tag3735">
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Balance and changes in &lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;other reserves&lt;/span&gt; of the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Company&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; are as follows:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_M54HF53XQO00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 265px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 65px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; width: 36.756%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; border-bottom: 1pt solid #000000; width: 9.82143%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Fair value of cash flow hedging instruments (i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; border-bottom: 1pt solid #000000; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Fair value of financial instruments (ii) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; width: 1.33929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; width: 1.6369%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; border-bottom: 1pt solid #000000; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Actuarial (loss) gain of post-employment benefits (iii) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; width: 1.33929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; border-bottom: 1pt solid #000000; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Non-controlling shareholders interest change (iv) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; width: 1.4556%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; border-bottom: 1pt solid #000000; width: 9.52381%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 65px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px; width: 36.756%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2018 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.82143%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (243,336 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (273 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.33929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.6369%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (17,749 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.33929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 197,369 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4556%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.52381%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (63,989 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; width: 36.756%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Changes in fair value of financial instruments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.82143%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (76,479 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 478 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.6369%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4556%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.52381%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (76,001 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px; width: 36.756%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; IRPJ and CSLL on fair value &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.82143%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 23,683 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.33929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.6369%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.33929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4556%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.52381%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 23,683 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; width: 36.756%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Actuarial loss of post-employment benefits &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.82143%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.6369%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (41,794 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4556%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.52381%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (41,794 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 22px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 22px; width: 36.756%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Income and social contribution taxes on actuarial losses &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; border-bottom: 1pt solid #000000; width: 9.82143%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; border-bottom: 1pt solid #000000; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;-&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; width: 1.33929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; width: 1.6369%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; border-bottom: 1pt solid #000000; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 11,784 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; width: 1.33929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; border-bottom: 1pt solid #000000; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; width: 1.4556%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; border-bottom: 1pt solid #000000; width: 9.52381%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 11,784 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 22px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 36.756%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.82143%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (296,132 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 205 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.6369%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (47,759 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 197,369 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4556%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.52381%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (146,317 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 36.756%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Changes in fair value of financial instruments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.82143%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (477,570 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 64 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.33929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.6369%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.33929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4556%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.52381%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (477,506 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 36.756%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; IRPJ and CSLL on fair value &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.82143%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 164,425 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.33929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.6369%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.33929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4556%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.52381%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 164,425 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 36.756%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Actuarial loss of post-employment benefits &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.82143%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.33929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.6369%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (7,725 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.33929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4556%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.52381%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (7,725 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 36.756%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Income and social contribution taxes on actuarial losses &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 9.82143%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt;-&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.6369%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,133 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4556%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 9.52381%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,133 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 36.756%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.82143%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (609,277 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 269 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.33929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.6369%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (53,351 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.33929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 197,369 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4556%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.52381%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (464,990 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 36.756%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Changes in fair value of financial instruments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.82143%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 12,036 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (672 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.6369%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4556%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.52381%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 11,364 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 36.756%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; IRPJ and CSLL on fair value &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.82143%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (4,060 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.33929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.6369%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.33929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4556%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.52381%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (4,060 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 36.756%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Actuarial gain of post-employment benefits of subsidiaries, net &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.82143%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.6369%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 49,550 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4556%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.52381%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 49,550 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 36.756%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; IRPJ and CSLL on actuarial gains &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; width: 9.82143%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.33929%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.6369%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (14,002 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.33929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4556%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; width: 9.52381%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (14,002 &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%;"&gt;)&lt;/td&gt;
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&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 36.756%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2021 &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 9.82143%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (601,301 &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (403 &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.6369%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (17,803 &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.33929%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 9.97024%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 197,369 &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4556%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.78571%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; width: 9.52381%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (422,138 &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%;"&gt;)&lt;/td&gt;
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&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
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&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Balance and changes in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;cumulative translation adjustments&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of the Company &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;are as follows:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_QMZDPPLCGG00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto; height: 74px;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center; font-weight: bold;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center; font-weight: bold;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 2020 &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center; font-weight: bold;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 2019 &lt;/span&gt;&lt;/p&gt;
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&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Initial balance &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 102,427 &lt;/span&gt;&lt;/p&gt;
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&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 65,857 &lt;/span&gt;&lt;/p&gt;
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&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; width: 65%; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Currency translation adjustment of foreign subsidiaries &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; width: 10%; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 97,113 &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 10%; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 202,277 &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; width: 1%; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; width: 10%; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 46,330 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; width: 1%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Effect of foreign currency exchange rate variation on financial instruments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (36,461 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (110,770 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (14,788 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 10px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; IRPJ and CSLL on foreign currency exchange rate variation on financial instruments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 12,397 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 37,662 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 5,028 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Final balance &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 304,645 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 231,596 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; border-bottom: 2.8pt double #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 102,427 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #cceeff; padding: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&#160;&lt;/span&gt;&lt;/p&gt;
</ugp:DisclosureOfCumulativeTranslationAdjustmentsExplanatory>
    <ifrs-full:ReserveOfExchangeDifferencesOnTranslation
      contextRef="I20201231"
      decimals="-3"
      id="Tag6887"
      unitRef="BRL">231596000</ifrs-full:ReserveOfExchangeDifferencesOnTranslation>
    <ifrs-full:ReserveOfExchangeDifferencesOnTranslation
      contextRef="I20191231"
      decimals="-3"
      id="Tag4919"
      unitRef="BRL">102427000</ifrs-full:ReserveOfExchangeDifferencesOnTranslation>
    <ifrs-full:ReserveOfExchangeDifferencesOnTranslation
      contextRef="I20181231"
      decimals="-3"
      id="Tag4695"
      unitRef="BRL">65857000</ifrs-full:ReserveOfExchangeDifferencesOnTranslation>
    <ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationBeforeTax
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag4748"
      unitRef="BRL">97113000</ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationBeforeTax>
    <ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationBeforeTax
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag4757"
      unitRef="BRL">202277000</ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationBeforeTax>
    <ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationBeforeTax
      contextRef="D20191231"
      decimals="-3"
      id="Tag4697"
      unitRef="BRL">46330000</ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationBeforeTax>
    <ifrs-full:ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag4916"
      unitRef="BRL">36461000</ifrs-full:ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax>
    <ifrs-full:ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag4785"
      unitRef="BRL">110770000</ifrs-full:ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax>
    <ifrs-full:ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax
      contextRef="D20191231"
      decimals="-3"
      id="Tag4784"
      unitRef="BRL">14788000</ifrs-full:ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax>
    <ifrs-full:IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag6879"
      unitRef="BRL">12397000</ifrs-full:IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome>
    <ifrs-full:IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag44"
      unitRef="BRL">37662000</ifrs-full:IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome>
    <ifrs-full:IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome
      contextRef="D20191231"
      decimals="-3"
      id="Tag4825"
      unitRef="BRL">5028000</ifrs-full:IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome>
    <ifrs-full:ReserveOfExchangeDifferencesOnTranslation
      contextRef="I20211231"
      decimals="-3"
      id="Tag4693"
      unitRef="BRL">304645000</ifrs-full:ReserveOfExchangeDifferencesOnTranslation>
    <ifrs-full:ReserveOfExchangeDifferencesOnTranslation
      contextRef="I20201231"
      decimals="-3"
      id="Tag4886"
      unitRef="BRL">231596000</ifrs-full:ReserveOfExchangeDifferencesOnTranslation>
    <ifrs-full:ReserveOfExchangeDifferencesOnTranslation
      contextRef="I20191231"
      decimals="-3"
      id="Tag6877"
      unitRef="BRL">102427000</ifrs-full:ReserveOfExchangeDifferencesOnTranslation>
    <ugp:StatutoryReserveAsPercentageOfNetIncome
      contextRef="I20211231"
      decimals="2"
      id="Tag4920"
      unitRef="Pure">0.50</ugp:StatutoryReserveAsPercentageOfNetIncome>
    <ugp:LegalReserveAsPercentageOfNetIncome
      contextRef="D20211231_3"
      decimals="2"
      id="Tag4922"
      unitRef="Pure">0.05</ugp:LegalReserveAsPercentageOfNetIncome>
    <ifrs-full:DividendsPayable
      contextRef="I20201231"
      decimals="-3"
      id="Tag4918"
      unitRef="BRL">479748000</ifrs-full:DividendsPayable>
    <ifrs-full:DividendsRecognisedAsDistributionsToOwnersPerShare
      contextRef="D20201231_3"
      decimals="2"
      id="Tag4778"
      unitRef="BRLPerShare">0.44</ifrs-full:DividendsRecognisedAsDistributionsToOwnersPerShare>
    <ugp:InterimDividends
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag4679"
      unitRef="BRL">218074000</ugp:InterimDividends>
    <ugp:InterimDividendsPerShare
      contextRef="D20211231_3"
      decimals="2"
      id="Tag4781"
      unitRef="BRLPerShare">0.2</ugp:InterimDividendsPerShare>
    <ifrs-full:DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwners
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag4824"
      unitRef="BRL">185896000</ifrs-full:DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwners>
    <ifrs-full:DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwnersPerShare
      contextRef="D20211231_3"
      decimals="2"
      id="Tag4691"
      unitRef="BRLPerShare">0.17</ifrs-full:DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwnersPerShare>
    <ugp:SummaryOfDividendsAndAllocationOfNetIncomeTableTextBlock contextRef="D20211231_3" id="Tag133">
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;The management proposal for the allocation of net income for 2021 and for distribution of dividends is as follow:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_BO7ACS4FGW00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto; height: 289px;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #ffffff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; width: 87%; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; text-decoration: underline;"&gt; Allocation of net income &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; width: 12%; height: 17px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; Net income for the year attributable to shareholders of Ultrapar &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 850,463 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Legal reserve (5% of the net income) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 42,523 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Adjusted net income (basis for dividends) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 807,940 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; Minimum mandatory dividends for the year (50% of the adjusted net income) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 403,970 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Total of distribution &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 403,970 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Interim dividends (R$ 0.20 per share of the Company) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (218,074 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; Balance of proposed dividends (R$ 0.17 per share) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 185,896 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; Allocation of dividends &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; Minimum mandatory dividends for the year (50% of the adjusted net income) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 185,896 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; Balance of proposed dividends (R$ 0.17 per share) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 185,896 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; text-decoration: underline;"&gt; Allocation of net income &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Legal reserve (5% of the net income) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 42,523 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; Minimum mandatory dividends for the year (50% of the adjusted net income) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 403,970 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Statutory reserve &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 403,970 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Total distribution of net income for the year attributable to shareholders of Ultrapar&#160;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-size: 10pt;"&gt; 850,463 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
</ugp:SummaryOfDividendsAndAllocationOfNetIncomeTableTextBlock>
    <ifrs-full:ProfitLossAttributableToOwnersOfParent
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag6522"
      unitRef="BRL">850463000</ifrs-full:ProfitLossAttributableToOwnersOfParent>
    <ugp:LegalReserveAsPercentageOfNetIncome
      contextRef="D20211231_3"
      decimals="2"
      id="Tag4758"
      unitRef="Pure">0.05</ugp:LegalReserveAsPercentageOfNetIncome>
    <ugp:AllocationToLegalReserves
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag6894"
      unitRef="BRL">42523000</ugp:AllocationToLegalReserves>
    <ugp:AdjustedNetIncomeBasisForDividends
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag4772"
      unitRef="BRL">807940000</ugp:AdjustedNetIncomeBasisForDividends>
    <ugp:StatutoryReserveAsPercentageOfNetIncome
      contextRef="I20211231"
      decimals="2"
      id="Tag4754"
      unitRef="Pure">0.50</ugp:StatutoryReserveAsPercentageOfNetIncome>
    <ugp:MinimumMandatoryDividends
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag4689"
      unitRef="BRL">403970000</ugp:MinimumMandatoryDividends>
    <ifrs-full:DividendsRecognisedAsDistributionsToOwnersOfParentRelatingToCurrentYear
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag6883"
      unitRef="BRL">403970000</ifrs-full:DividendsRecognisedAsDistributionsToOwnersOfParentRelatingToCurrentYear>
    <ugp:InterimDividendsPerShare
      contextRef="D20211231_3"
      decimals="2"
      id="Tag176"
      unitRef="BRLPerShare">0.2</ugp:InterimDividendsPerShare>
    <ugp:InterimDividends
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag4779"
      unitRef="BRL">218074000</ugp:InterimDividends>
    <ugp:ProposedDividendsPerShare
      contextRef="D20211231_3"
      decimals="2"
      id="Tag4832"
      unitRef="BRLPerShare">0.17</ugp:ProposedDividendsPerShare>
    <ugp:ProposedDividends
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag6886"
      unitRef="BRL">185896000</ugp:ProposedDividends>
    <ugp:StatutoryReserveAsPercentageOfNetIncome
      contextRef="I20211231"
      decimals="2"
      id="Tag4773"
      unitRef="Pure">0.50</ugp:StatutoryReserveAsPercentageOfNetIncome>
    <ifrs-full:DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwners
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag4875"
      unitRef="BRL">185896000</ifrs-full:DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwners>
    <ugp:ProposedDividendsPerShare
      contextRef="D20211231_3"
      decimals="2"
      id="Tag6885"
      unitRef="BRLPerShare">0.17</ugp:ProposedDividendsPerShare>
    <ugp:ProposedDividends
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag4687"
      unitRef="BRL">185896000</ugp:ProposedDividends>
    <ugp:AllocationToLegalReserves
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag4777"
      unitRef="BRL">42523000</ugp:AllocationToLegalReserves>
    <ugp:StatutoryReserveAsPercentageOfNetIncome
      contextRef="I20211231"
      decimals="2"
      id="Tag6579"
      unitRef="Pure">0.50</ugp:StatutoryReserveAsPercentageOfNetIncome>
    <ugp:MinimumMandatoryDividends
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag4682"
      unitRef="BRL">403970000</ugp:MinimumMandatoryDividends>
    <ugp:AllocationOfNetIncomeToInvestmentsStatutoryReserve
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag6580"
      unitRef="BRL">403970000</ugp:AllocationOfNetIncomeToInvestmentsStatutoryReserve>
    <ugp:AllocationOfNetIncome
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag4764"
      unitRef="BRL">850463000</ugp:AllocationOfNetIncome>
    <ugp:DisclosureOfBalancesAndChangesInConsolidatedDividendsPayableExplanatory contextRef="D20211231_3" id="Tag4714">
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;Balances and changes in dividends payable are as follows:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_4K0HTDAQE800000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto; height: 154px;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 87%; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 16,094 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Provisions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 710,206 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Payments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (284,767 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 442,133 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Provisions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 478,366 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Prescribed dividends &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (11,816 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Payments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (705,753 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Reclassification to liabilities of subsidiaries held for sale &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (70 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Balance as of December 31, 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 202,860 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
</ugp:DisclosureOfBalancesAndChangesInConsolidatedDividendsPayableExplanatory>
    <ifrs-full:CurrentDividendPayables
      contextRef="I20191231"
      decimals="-3"
      id="Tag4769"
      unitRef="BRL">16094000</ifrs-full:CurrentDividendPayables>
    <ifrs-full:DividendsPaid
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag6884"
      unitRef="BRL">710206000</ifrs-full:DividendsPaid>
    <ifrs-full:DividendsPaidClassifiedAsFinancingActivities
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag4767"
      unitRef="BRL">284767000</ifrs-full:DividendsPaidClassifiedAsFinancingActivities>
    <ifrs-full:CurrentDividendPayables
      contextRef="I20201231"
      decimals="-3"
      id="Tag6875"
      unitRef="BRL">442133000</ifrs-full:CurrentDividendPayables>
    <ifrs-full:DividendsPaid
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag4776"
      unitRef="BRL">478366000</ifrs-full:DividendsPaid>
    <ugp:UnclaimedDividendsForfeited
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag7799"
      unitRef="BRL">11816000</ugp:UnclaimedDividendsForfeited>
    <ifrs-full:DividendsPaidClassifiedAsFinancingActivities
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag4768"
      unitRef="BRL">705753000</ifrs-full:DividendsPaidClassifiedAsFinancingActivities>
    <ugp:ReclassificationToLiabilitiesOfSubsidiariesHeldForSale
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag178"
      unitRef="BRL">-70000</ugp:ReclassificationToLiabilitiesOfSubsidiariesHeldForSale>
    <ifrs-full:CurrentDividendPayables
      contextRef="I20211231"
      decimals="-3"
      id="Tag4820"
      unitRef="BRL">202860000</ifrs-full:CurrentDividendPayables>
    <ifrs-full:DisclosureOfExpensesByNatureExplanatory contextRef="D20211231_3" id="Tag4643">
&lt;p style="margin: 0pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;&lt;span style="border-left: none; border-right: none;"&gt;27&lt;/span&gt;. Costs and e&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;xpenses by &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;n&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;ature&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The Company presents its &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;costs and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;expenses by function in the consolidated statement &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of profit or loss &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and presents below its expenses by nature:&#160; &#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_BHTRW8EFXC00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 0px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 84%; margin-left: auto; margin-right: auto;" width="84%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; text-align: center;"&gt;&lt;span style="font-weight: bold; font-size: 8pt;"&gt;2021&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; text-align: center;"&gt;&lt;span style="font-weight: bold; font-size: 8pt;"&gt;2020&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; text-align: center;"&gt;&lt;span style="font-weight: bold; font-size: 8pt;"&gt;2019&lt;/span&gt;&lt;/td&gt;
&lt;td style="vertical-align: top;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #ffffff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #ffffff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #ffffff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #ffffff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; Restated &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; background-color: #ffffff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; background-color: #ffffff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; Restated &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #ffffff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 21px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 21px; background-color: #cceeff; width: 59%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Raw materials and materials for use and consumption &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 104,233,143 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; background-color: #cceeff; width: 1%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 68,851,960 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 21px; background-color: #cceeff; width: 1%; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 21px; background-color: #cceeff; width: 12%; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 77,218,922&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; width: 1%; padding: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Personnel expenses &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,575,066 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,414,567 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,571,227&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Freight and storage &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 899,188 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,073,971 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 871,057&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Depreciation and amortization &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 653,118 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 595,531 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 551,768&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Amortization of right-of-use assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 260,716 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 242,670 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 216,609&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Advertising and marketing &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 106,352 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 143,694 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 192,389&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Services provided by third parties &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 399,904 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 184,532 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 179,319&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Other expenses &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 101,819 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 139,379 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; border-bottom: 1pt solid #000000; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 258,705&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; border-bottom: 1pt solid #000000; padding: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 108,229,306 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 72,646,304 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 81,059,996&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; border-bottom: 2.8pt double #000000; padding: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Classified as: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Cost of products and services sold &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 104,827,966 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 70,056,447 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 78,208,786&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Selling and marketing &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,934,789 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,595,871 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,631,760&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; General and administrative &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,466,551 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 993,986 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,219,450&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; border-bottom: 1pt solid #000000; padding: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 108,229,306 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 72,646,304 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; border-bottom: 2.8pt double #000000; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 81,059,996&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; border-bottom: 2.8pt double #000000; padding: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

</ifrs-full:DisclosureOfExpensesByNatureExplanatory>
    <ugp:SummaryOfExpensesByNatureTableTextBlock contextRef="D20211231_3" id="Tag4642">
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The Company presents its &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;costs and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;expenses by function in the consolidated statement &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of profit or loss &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and presents below its expenses by nature:&#160; &#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_BHTRW8EFXC00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 0px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 84%; margin-left: auto; margin-right: auto;" width="84%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; text-align: center;"&gt;&lt;span style="font-weight: bold; font-size: 8pt;"&gt;2021&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; text-align: center;"&gt;&lt;span style="font-weight: bold; font-size: 8pt;"&gt;2020&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; text-align: center;"&gt;&lt;span style="font-weight: bold; font-size: 8pt;"&gt;2019&lt;/span&gt;&lt;/td&gt;
&lt;td style="vertical-align: top;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #ffffff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #ffffff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #ffffff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #ffffff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; Restated &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; background-color: #ffffff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; background-color: #ffffff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; Restated &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #ffffff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 21px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 21px; background-color: #cceeff; width: 59%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Raw materials and materials for use and consumption &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 104,233,143 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; background-color: #cceeff; width: 1%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 21px; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 68,851,960 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 21px; background-color: #cceeff; width: 1%; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 21px; background-color: #cceeff; width: 12%; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 77,218,922&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; width: 1%; padding: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Personnel expenses &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,575,066 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,414,567 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,571,227&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Freight and storage &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 899,188 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,073,971 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 871,057&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Depreciation and amortization &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 653,118 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 595,531 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 551,768&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Amortization of right-of-use assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 260,716 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 242,670 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 216,609&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Advertising and marketing &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 106,352 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 143,694 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 192,389&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Services provided by third parties &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 399,904 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 184,532 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 179,319&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Other expenses &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 101,819 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 139,379 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; border-bottom: 1pt solid #000000; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 258,705&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; border-bottom: 1pt solid #000000; padding: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 108,229,306 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 72,646,304 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 81,059,996&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; border-bottom: 2.8pt double #000000; padding: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Classified as: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Cost of products and services sold &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 104,827,966 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 70,056,447 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 78,208,786&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Selling and marketing &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,934,789 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,595,871 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,631,760&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; General and administrative &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,466,551 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 993,986 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; background-color: #cceeff; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,219,450&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; border-bottom: 1pt solid #000000; padding: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 108,229,306 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 72,646,304 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; border-bottom: 2.8pt double #000000; padding: 0px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 81,059,996&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; border-bottom: 2.8pt double #000000; padding: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
</ugp:SummaryOfExpensesByNatureTableTextBlock>
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      unitRef="BRL">1414567000</ifrs-full:EmployeeBenefitsExpense>
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      unitRef="BRL">1073971000</ugp:FreightAndStorageExpense>
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      contextRef="D20191231"
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      unitRef="BRL">260716000</ugp:AmortizationOfRightToUseAsset>
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      unitRef="BRL">216609000</ugp:AmortizationOfRightToUseAsset>
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      unitRef="BRL">106352000</ugp:AdvertisingAndMarketingExpense>
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      unitRef="BRL">184532000</ifrs-full:ServicesExpense>
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      id="Tag4655"
      unitRef="BRL">179319000</ifrs-full:ServicesExpense>
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      unitRef="BRL">101819000</ifrs-full:OtherExpenseByNature>
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      unitRef="BRL">139379000</ifrs-full:OtherExpenseByNature>
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      unitRef="BRL">258705000</ifrs-full:OtherExpenseByNature>
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      unitRef="BRL">104827966000</ifrs-full:CostOfSales>
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      unitRef="BRL">70056447000</ifrs-full:CostOfSales>
    <ifrs-full:CostOfSales
      contextRef="D20191231"
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      id="Tag4640"
      unitRef="BRL">78208786000</ifrs-full:CostOfSales>
    <ifrs-full:SalesAndMarketingExpense
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      unitRef="BRL">1934789000</ifrs-full:SalesAndMarketingExpense>
    <ifrs-full:SalesAndMarketingExpense
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag4650"
      unitRef="BRL">1595871000</ifrs-full:SalesAndMarketingExpense>
    <ifrs-full:SalesAndMarketingExpense
      contextRef="D20191231"
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      unitRef="BRL">1631760000</ifrs-full:SalesAndMarketingExpense>
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      contextRef="D20211231_3"
      decimals="-3"
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      unitRef="BRL">1466551000</ifrs-full:GeneralAndAdministrativeExpense>
    <ifrs-full:GeneralAndAdministrativeExpense
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag4635"
      unitRef="BRL">993986000</ifrs-full:GeneralAndAdministrativeExpense>
    <ifrs-full:GeneralAndAdministrativeExpense
      contextRef="D20191231"
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      unitRef="BRL">1219450000</ifrs-full:GeneralAndAdministrativeExpense>
    <ifrs-full:ExpenseByNature
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      unitRef="BRL">108229306000</ifrs-full:ExpenseByNature>
    <ifrs-full:ExpenseByNature
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      decimals="-3"
      id="Tag4390"
      unitRef="BRL">72646304000</ifrs-full:ExpenseByNature>
    <ifrs-full:ExpenseByNature
      contextRef="D20191231"
      decimals="-3"
      id="Tag4664"
      unitRef="BRL">81059996000</ifrs-full:ExpenseByNature>
    <ugp:DisclosureOfGainLossOnDisposalOfPropertyPlantAndEquipmentAndIntangiblesAndImpairmentTextBlock contextRef="D20211231_3" id="Tag4614">
&lt;p style="margin: 12pt 0pt 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;&lt;span style="border-left: none; border-right: none;"&gt;28&lt;/span&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;Gain (loss) on &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;d&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;isposal of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;PP&amp;amp;E&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt; and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;i&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;ntangibles&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;gain or loss &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;is determined as the difference between the selling price and residual book value of the investment, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;PP&amp;amp;E&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; intangible asset. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;In&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;span style="border-left: none; border-right: none;"&gt;2021&lt;/span&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;gain&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;was R$&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;184,189&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(gain of R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;85,455&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;span style="border-left: none; border-right: none;"&gt;2020&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;losses&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; of R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;1,700&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;19&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;), represented primarily from &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;sale &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Conectcar&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (gain of R$ 76,485) and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;o&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;f PP&amp;amp;E.&#160; &#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
</ugp:DisclosureOfGainLossOnDisposalOfPropertyPlantAndEquipmentAndIntangiblesAndImpairmentTextBlock>
    <ifrs-full:GainsLossesOnDisposalsOfNoncurrentAssets
      contextRef="D20211231_3"
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      id="Tag7028"
      unitRef="BRL">184189000</ifrs-full:GainsLossesOnDisposalsOfNoncurrentAssets>
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      contextRef="D20201231_3"
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      id="Tag6024"
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    <ifrs-full:GainsLossesOnDisposalsOfNoncurrentAssets
      contextRef="D20191231"
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      id="Tag4627"
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&lt;p style="margin: 0pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;&lt;span style="border-left: none; border-right: none;"&gt;29&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;Other &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;o&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;perating &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;i&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;ncome, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;n&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;et&#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;

&lt;div style="border-left: none; border-right: none;"&gt;
&lt;table cellpadding="0" style="height: 0px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 84%; margin-left: auto; margin-right: auto;" width="84%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center; font-weight: bold;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center; font-weight: bold;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center; font-weight: bold;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #ffffff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; text-align: center;"&gt;&lt;span style="font-weight: bold; font-size: 8pt;"&gt;Re-presented&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; text-align: center;"&gt;&lt;span style="color: #000000; font-family: 'times new roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;Re-presented&lt;/span&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Other operating income, net: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 59%; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Commercial partnerships &lt;span style="font-size: 8pt;"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 12%; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 25,511 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 12%; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 19,469 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; width: 1%; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; width: 12%; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 40,816&#160;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; width: 1%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Merchandising &lt;span style="font-size: 8pt;"&gt;&lt;sup&gt;(2)&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 33,144 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 25,703 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 44,396&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Extraordinary tax credits &lt;span style="font-size: 8pt;"&gt;&lt;sup&gt;(3)&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 213,183 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 136,561 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 110,090&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Property rental &lt;span style="font-size: 8pt;"&gt;&lt;sup&gt;(4)&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 26,026 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 24,825 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 26,622&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Revenue from miscellaneous services (administrative, commercial and IT services) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 96,742 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 91,726 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 97,829&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Contractual fine and gas voucher &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 10,332 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 9,685 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 15,902&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Others &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 40,898 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 13,416 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 20,580&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 445,836 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 321,385 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 356,235&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Other operating expenses, net: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Property rental &lt;span style="font-size: 8pt;"&gt;&lt;sup&gt;(4)&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (116,744 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (92,117 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;(&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;92,199&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Taxes on other operating income &lt;span style="font-size: 8pt;"&gt;&lt;sup&gt;(5)&#160;&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (23,416 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (24,929 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;(42,533&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 10px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Fines for tax infractions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (3,702 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (5,692 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;(4,680&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Decarbonization obligation &lt;span style="font-size: 8pt;"&gt;&lt;sup&gt;(6)&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (161,281 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (124,287 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;(65,539&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 10px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Others &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (44,527 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (10,326 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;(11,255&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (349,670 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (257,351 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;(216,206&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Other operating income, net &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 96,166 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 64,034 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 140,029&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;table style="width: 100%; margin: 0px; font-family: 'times new roman'; font-size: 10pt; text-indent: 0px;"&gt;
&lt;tbody&gt;
&lt;tr&gt;
&lt;td style="width: 2%; vertical-align: top; padding: 0px;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(&lt;/span&gt;&lt;span&gt;1&lt;/span&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"&gt;
&lt;p style="margin: 0px; color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Refers to contracts with service providers and suppliers&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;which establish trade agreements&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;for&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;convenience stores and gas stations.&lt;/span&gt;&lt;br/&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td style="width: 2%; vertical-align: top; padding: 0px;" valign="top"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td style="width: 2%; vertical-align: top; padding: 0px;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(&lt;/span&gt;&lt;span&gt;2&lt;/span&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"&gt;
&lt;p style="margin: 0px; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Refers to contracts with suppliers of convenience stores&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;which establish, among other agreements, promotional campaigns.&lt;/span&gt;&lt;br/&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td style="width: 2%; vertical-align: top; padding: 0px;" valign="top"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td style="width: 2%; vertical-align: top; padding: 0px;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(&lt;/span&gt;&lt;span&gt;3&lt;/span&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;Refers&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;&#160;substantially&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;&#160;to&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;PIS and COFINS&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;credits (see Note&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;&lt;span&gt;&lt;span style="border-left: none; border-right: none;"&gt;8&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;.a.&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;&lt;span&gt;&lt;span style="border-left: none; border-right: none;"&gt;3&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;)&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;recorded&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;&#160;in&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;&#160;&lt;span&gt;&lt;span style="border-left: none; border-right: none;"&gt;2021&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td style="width: 2%; vertical-align: top; padding: 0px;" valign="top"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td style="width: 2%; vertical-align: top; padding: 0px;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(&lt;/span&gt;&lt;span&gt;4&lt;/span&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;)&#160;&lt;/span&gt;&lt;/td&gt;
&lt;td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;Refers to&#160;Ipiranga&#x2019;s&#160;income and e&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;xpenses&#160;with property rentals&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;&#160;and sublease&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;, especially for establishment of&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;own&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;gas stations,&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;&#160;linked to contractual requirements for the preservation of the&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;b&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;rand.&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td style="width: 2%; vertical-align: top; padding: 0px;" valign="top"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td style="width: 2%; vertical-align: top; padding: 0px;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(&lt;/span&gt;&lt;span&gt;5&lt;/span&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;Refers substantially to ICMS, ISS, PIS and COFINS.&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td style="width: 2%; vertical-align: top; padding: 0px;" valign="top"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="margin: 0px; text-indent: 0px;"&gt;
&lt;td style="width: 2%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(&lt;/span&gt;&lt;span&gt;6&lt;/span&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;Refers to the obligation adopted by the&#160;&lt;/span&gt;RenovaBio&lt;span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;&#160;to set&#160;&lt;/span&gt;decarbonization&lt;span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;&#160;targets for its sector.&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;

</ifrs-full:DisclosureOfOtherOperatingIncomeExpenseExplanatory>
    <ugp:SummaryOfOtherOperatingIncomeTableTextBlock contextRef="D20211231_3" id="Tag4668">
&lt;div style="border-left: none; border-right: none;"&gt;
&lt;table cellpadding="0" style="height: 0px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 84%; margin-left: auto; margin-right: auto;" width="84%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center; font-weight: bold;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center; font-weight: bold;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center; font-weight: bold;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #ffffff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; text-align: center;"&gt;&lt;span style="font-weight: bold; font-size: 8pt;"&gt;Re-presented&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; text-align: center;"&gt;&lt;span style="color: #000000; font-family: 'times new roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;Re-presented&lt;/span&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Other operating income, net: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 59%; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Commercial partnerships &lt;span style="font-size: 8pt;"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 12%; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 25,511 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 12%; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 19,469 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; width: 1%; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; width: 12%; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 40,816&#160;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; width: 1%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Merchandising &lt;span style="font-size: 8pt;"&gt;&lt;sup&gt;(2)&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 33,144 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 25,703 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 44,396&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Extraordinary tax credits &lt;span style="font-size: 8pt;"&gt;&lt;sup&gt;(3)&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 213,183 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 136,561 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 110,090&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Property rental &lt;span style="font-size: 8pt;"&gt;&lt;sup&gt;(4)&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 26,026 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 24,825 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 26,622&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Revenue from miscellaneous services (administrative, commercial and IT services) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 96,742 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 91,726 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 97,829&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Contractual fine and gas voucher &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 10,332 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 9,685 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 15,902&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Others &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 40,898 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 13,416 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 20,580&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 445,836 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 321,385 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 356,235&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Other operating expenses, net: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Property rental &lt;span style="font-size: 8pt;"&gt;&lt;sup&gt;(4)&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (116,744 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (92,117 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;(&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;92,199&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Taxes on other operating income &lt;span style="font-size: 8pt;"&gt;&lt;sup&gt;(5)&#160;&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (23,416 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (24,929 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;(42,533&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 10px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Fines for tax infractions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (3,702 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (5,692 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;(4,680&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Decarbonization obligation &lt;span style="font-size: 8pt;"&gt;&lt;sup&gt;(6)&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (161,281 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (124,287 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;(65,539&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 10px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Others &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (44,527 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (10,326 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;(11,255&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (349,670 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (257,351 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;(216,206&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Other operating income, net &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 96,166 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 64,034 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 140,029&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;table style="width: 100%; margin: 0px; font-family: 'times new roman'; font-size: 10pt; text-indent: 0px;"&gt;
&lt;tbody&gt;
&lt;tr&gt;
&lt;td style="width: 2%; vertical-align: top; padding: 0px;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(&lt;/span&gt;&lt;span&gt;1&lt;/span&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"&gt;
&lt;p style="margin: 0px; color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Refers to contracts with service providers and suppliers&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;which establish trade agreements&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;for&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;convenience stores and gas stations.&lt;/span&gt;&lt;br/&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td style="width: 2%; vertical-align: top; padding: 0px;" valign="top"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td style="width: 2%; vertical-align: top; padding: 0px;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(&lt;/span&gt;&lt;span&gt;2&lt;/span&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"&gt;
&lt;p style="margin: 0px; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Refers to contracts with suppliers of convenience stores&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;which establish, among other agreements, promotional campaigns.&lt;/span&gt;&lt;br/&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td style="width: 2%; vertical-align: top; padding: 0px;" valign="top"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td style="width: 2%; vertical-align: top; padding: 0px;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(&lt;/span&gt;&lt;span&gt;3&lt;/span&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;Refers&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;&#160;substantially&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;&#160;to&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;PIS and COFINS&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;credits (see Note&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;&lt;span&gt;&lt;span style="border-left: none; border-right: none;"&gt;8&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;.a.&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;&lt;span&gt;&lt;span style="border-left: none; border-right: none;"&gt;3&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;)&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;recorded&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;&#160;in&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;&#160;&lt;span&gt;&lt;span style="border-left: none; border-right: none;"&gt;2021&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td style="width: 2%; vertical-align: top; padding: 0px;" valign="top"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td style="width: 2%; vertical-align: top; padding: 0px;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(&lt;/span&gt;&lt;span&gt;4&lt;/span&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;)&#160;&lt;/span&gt;&lt;/td&gt;
&lt;td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;Refers to&#160;Ipiranga&#x2019;s&#160;income and e&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;xpenses&#160;with property rentals&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;&#160;and sublease&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;, especially for establishment of&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;own&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;gas stations,&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;&#160;linked to contractual requirements for the preservation of the&#160;&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;b&lt;/span&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;rand.&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td style="width: 2%; vertical-align: top; padding: 0px;" valign="top"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td style="width: 2%; vertical-align: top; padding: 0px;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(&lt;/span&gt;&lt;span&gt;5&lt;/span&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;Refers substantially to ICMS, ISS, PIS and COFINS.&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td style="width: 2%; vertical-align: top; padding: 0px;" valign="top"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="margin: 0px; text-indent: 0px;"&gt;
&lt;td style="width: 2%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(&lt;/span&gt;&lt;span&gt;6&lt;/span&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="width: 98%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;Refers to the obligation adopted by the&#160;&lt;/span&gt;RenovaBio&lt;span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;&#160;to set&#160;&lt;/span&gt;decarbonization&lt;span style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;&#160;targets for its sector.&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
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      id="Tag6913"
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      id="Tag4570"
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      id="Tag4581"
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    <ifrs-full:RentalIncome
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag4583"
      unitRef="BRL">26026000</ifrs-full:RentalIncome>
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      contextRef="D20201231_3"
      decimals="-3"
      id="Tag4592"
      unitRef="BRL">24825000</ifrs-full:RentalIncome>
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      contextRef="D20191231"
      decimals="-3"
      id="Tag4582"
      unitRef="BRL">26622000</ifrs-full:RentalIncome>
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      contextRef="D20211231_3"
      decimals="-3"
      id="Tag4601"
      unitRef="BRL">96742000</ugp:RevenueFromMiscellaneousServices>
    <ugp:RevenueFromMiscellaneousServices
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag4572"
      unitRef="BRL">91726000</ugp:RevenueFromMiscellaneousServices>
    <ugp:RevenueFromMiscellaneousServices
      contextRef="D20191231"
      decimals="-3"
      id="Tag4576"
      unitRef="BRL">97829000</ugp:RevenueFromMiscellaneousServices>
    <ugp:ContractualFineAndGasVoucherIncome
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag4584"
      unitRef="BRL">10332000</ugp:ContractualFineAndGasVoucherIncome>
    <ugp:ContractualFineAndGasVoucherIncome
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag4596"
      unitRef="BRL">9685000</ugp:ContractualFineAndGasVoucherIncome>
    <ugp:ContractualFineAndGasVoucherIncome
      contextRef="D20191231"
      decimals="-3"
      id="Tag4593"
      unitRef="BRL">15902000</ugp:ContractualFineAndGasVoucherIncome>
    <ifrs-full:MiscellaneousOtherOperatingIncome
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag4577"
      unitRef="BRL">40898000</ifrs-full:MiscellaneousOtherOperatingIncome>
    <ifrs-full:MiscellaneousOtherOperatingIncome
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag4600"
      unitRef="BRL">13416000</ifrs-full:MiscellaneousOtherOperatingIncome>
    <ifrs-full:MiscellaneousOtherOperatingIncome
      contextRef="D20191231"
      decimals="-3"
      id="Tag4594"
      unitRef="BRL">20580000</ifrs-full:MiscellaneousOtherOperatingIncome>
    <ifrs-full:OtherIncome
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag358"
      unitRef="BRL">445836000</ifrs-full:OtherIncome>
    <ifrs-full:OtherIncome
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag4598"
      unitRef="BRL">321385000</ifrs-full:OtherIncome>
    <ifrs-full:OtherIncome
      contextRef="D20191231"
      decimals="-3"
      id="Tag4579"
      unitRef="BRL">356235000</ifrs-full:OtherIncome>
    <ifrs-full:RentalExpense
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag59"
      unitRef="BRL">116744000</ifrs-full:RentalExpense>
    <ifrs-full:RentalExpense
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag4580"
      unitRef="BRL">92117000</ifrs-full:RentalExpense>
    <ifrs-full:RentalExpense
      contextRef="D20191231"
      decimals="-3"
      id="Tag360"
      unitRef="BRL">92199000</ifrs-full:RentalExpense>
    <ugp:TaxExpensesOnOtherOperatingIncome
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag72"
      unitRef="BRL">23416000</ugp:TaxExpensesOnOtherOperatingIncome>
    <ugp:TaxExpensesOnOtherOperatingIncome
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag357"
      unitRef="BRL">24929000</ugp:TaxExpensesOnOtherOperatingIncome>
    <ugp:TaxExpensesOnOtherOperatingIncome
      contextRef="D20191231"
      decimals="-3"
      id="Tag364"
      unitRef="BRL">42533000</ugp:TaxExpensesOnOtherOperatingIncome>
    <ugp:ExpensesFromFinesForTaxInfractions
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag349"
      unitRef="BRL">3702000</ugp:ExpensesFromFinesForTaxInfractions>
    <ugp:ExpensesFromFinesForTaxInfractions
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag6874"
      unitRef="BRL">5692000</ugp:ExpensesFromFinesForTaxInfractions>
    <ugp:ExpensesFromFinesForTaxInfractions
      contextRef="D20191231"
      decimals="-3"
      id="Tag363"
      unitRef="BRL">4680000</ugp:ExpensesFromFinesForTaxInfractions>
    <ugp:ExpensesFromDecarbonizationObligation
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag350"
      unitRef="BRL">161281000</ugp:ExpensesFromDecarbonizationObligation>
    <ugp:ExpensesFromDecarbonizationObligation
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag355"
      unitRef="BRL">124287000</ugp:ExpensesFromDecarbonizationObligation>
    <ugp:ExpensesFromDecarbonizationObligation
      contextRef="D20191231"
      decimals="-3"
      id="Tag362"
      unitRef="BRL">65539000</ugp:ExpensesFromDecarbonizationObligation>
    <ifrs-full:MiscellaneousOtherOperatingExpense
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag351"
      unitRef="BRL">44527000</ifrs-full:MiscellaneousOtherOperatingExpense>
    <ifrs-full:MiscellaneousOtherOperatingExpense
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag4575"
      unitRef="BRL">10326000</ifrs-full:MiscellaneousOtherOperatingExpense>
    <ifrs-full:MiscellaneousOtherOperatingExpense
      contextRef="D20191231"
      decimals="-3"
      id="Tag361"
      unitRef="BRL">11255000</ifrs-full:MiscellaneousOtherOperatingExpense>
    <ifrs-full:OtherExpenseByFunction
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag356"
      unitRef="BRL">349670000</ifrs-full:OtherExpenseByFunction>
    <ifrs-full:OtherExpenseByFunction
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag4571"
      unitRef="BRL">257351000</ifrs-full:OtherExpenseByFunction>
    <ifrs-full:OtherExpenseByFunction
      contextRef="D20191231"
      decimals="-3"
      id="Tag6873"
      unitRef="BRL">216206000</ifrs-full:OtherExpenseByFunction>
    <ifrs-full:OtherOperatingIncomeExpense
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag4578"
      unitRef="BRL">96166000</ifrs-full:OtherOperatingIncomeExpense>
    <ifrs-full:OtherOperatingIncomeExpense
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag4599"
      unitRef="BRL">64034000</ifrs-full:OtherOperatingIncomeExpense>
    <ifrs-full:OtherOperatingIncomeExpense
      contextRef="D20191231"
      decimals="-3"
      id="Tag4595"
      unitRef="BRL">140029000</ifrs-full:OtherOperatingIncomeExpense>
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&lt;p style="margin: 0pt 0pt 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;&lt;span style="border-left: none; border-right: none;"&gt;30&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;Financ&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;e&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;i&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;ncome (Expense)&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" style="height: 0px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 84%; margin-left: auto; margin-right: auto;" width="84%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; text-align: center;"&gt;&lt;span style="font-weight: bold; font-size: 8pt;"&gt;2019&lt;/span&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; text-align: center;"&gt;&lt;span style="font-weight: bold; font-size: 8pt;"&gt;&lt;span style="color: #000000; font-family: 'times new roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;Re-presented&lt;/span&gt; (i)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #ffffff; height: 17px; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt;&lt;span style="color: #000000; font-family: 'times new roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;Re-presented&lt;/span&gt; (i)&lt;/span&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #ffffff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 59%; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Finance income: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; width: 1%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; width: 12%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Interest on financial investments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 101,326 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 93,667 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 203,323&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Interest from customers &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 109,999 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 132,155 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 126,606&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Changes in subscription warrants &#x2013; indemnification (see Note 25) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 33,180 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; -&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-size: 10pt;"&gt; Selic interest on extraordinary PIS/COFINS credits (see Note 8.a.3) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 201,795 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 121,565 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 11,146&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Other finance income &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 13,854 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 10,279 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,207&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 460,154 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 357,666 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 344,282&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Finance expenses: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160; &#160;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Interest on loans &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (410,430 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (337,324 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;(459,995&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Interest on debentures &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (306,539 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (321,656 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;(482,238&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Interest on leases payable&#160;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (110,878 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (109,318 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;(91,956&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Bank charges, financial transactions tax, and other charges &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (70,801 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (46,878 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;(45,553&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 10px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Exchange variation, net of gains and losses with derivative financial instruments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (239,106 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (58,944 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 90,372&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-size: 10pt;"&gt; Changes in subscription warrants &#x2013; indemnification (see Note 25) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (17,353 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;(7,760&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 10px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Interest of provisions and other expenses &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (85,132 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (16,541 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;(20,503&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,222,886 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (908,014 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;(1,017,633&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 10px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Finance income (expense) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (762,732 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (550,348 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;(673,351&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 18px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify; padding-left: 90px;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160; &#160; &#160; (i)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;For further details, see Note 3.c.3.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

</ifrs-full:DisclosureOfFinanceIncomeExpenseExplanatory>
    <ugp:SummaryOfFinancialIncomeExpenseTableTextBlock contextRef="D20211231_3" id="Tag4483">
&lt;table cellpadding="0" style="height: 0px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 84%; margin-left: auto; margin-right: auto;" width="84%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; text-align: center;"&gt;&lt;span style="font-weight: bold; font-size: 8pt;"&gt;2019&lt;/span&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; text-align: center;"&gt;&lt;span style="font-weight: bold; font-size: 8pt;"&gt;&lt;span style="color: #000000; font-family: 'times new roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;Re-presented&lt;/span&gt; (i)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #ffffff; height: 17px; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt;&lt;span style="color: #000000; font-family: 'times new roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;Re-presented&lt;/span&gt; (i)&lt;/span&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #ffffff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 59%; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Finance income: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 12%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; width: 1%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; width: 12%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Interest on financial investments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 101,326 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 93,667 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 203,323&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Interest from customers &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 109,999 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 132,155 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 126,606&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Changes in subscription warrants &#x2013; indemnification (see Note 25) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 33,180 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; -&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-size: 10pt;"&gt; Selic interest on extraordinary PIS/COFINS credits (see Note 8.a.3) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 201,795 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 121,565 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 11,146&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Other finance income &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 13,854 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 10,279 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,207&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 460,154 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 357,666 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 344,282&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Finance expenses: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160; &#160;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Interest on loans &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (410,430 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (337,324 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;(459,995&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Interest on debentures &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (306,539 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (321,656 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;(482,238&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Interest on leases payable&#160;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (110,878 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (109,318 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;(91,956&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Bank charges, financial transactions tax, and other charges &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (70,801 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (46,878 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;(45,553&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 10px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Exchange variation, net of gains and losses with derivative financial instruments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (239,106 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (58,944 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 90,372&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-size: 10pt;"&gt; Changes in subscription warrants &#x2013; indemnification (see Note 25) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (17,353 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;(7,760&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 10px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Interest of provisions and other expenses &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (85,132 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (16,541 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;(20,503&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (1,222,886 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (908,014 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;(1,017,633&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 10px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 18px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Finance income (expense) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (762,732 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; (550,348 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px;"&gt;)&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; border-bottom: 2.8pt double #000000; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;(673,351&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; background-color: #cceeff; height: 18px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify; padding-left: 90px;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160; &#160; &#160; (i)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;For further details, see Note 3.c.3.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
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&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;&lt;span style="border-left: none; border-right: none;"&gt;31&lt;/span&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;Earnings per &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;hare&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The table below presents a reconciliation of numerators and denominators used in computing earnings per share. The Company has a deferred stock plan&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and subscription warrants &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#x2013;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; indemnification&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, as mentioned in Notes &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;9&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.c&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;25&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, respectively.&#160; &#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;table cellpadding="0" style="height: 0px; border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="7" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; font-weight: bold;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="7" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; font-weight: bold;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 2020 - &lt;span style="color: #000000; font-family: 'times new roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;Re-presented&lt;/span&gt; (ii) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #ffffff; height: 17px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="7" style="vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 17px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; font-weight: bold;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 2019 - &lt;span style="color: #000000; font-family: 'times new roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;Re-presented&lt;/span&gt; (ii) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 36px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 36px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 36px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Continuing operations &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 36px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 36px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 36px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Discontinued operations (i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 36px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 36px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 36px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 36px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 36px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 36px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Continuing operations &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 36px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 36px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 36px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Discontinued operations&#160; (i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 36px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 36px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 36px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 36px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 36px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1pt solid #000000; height: 36px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Continuing operations &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 36px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 36px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1pt solid #000000; height: 36px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Discontinued operations&#160; (i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 36px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 36px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1pt solid #000000; height: 36px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-weight: bold;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt;T&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt;otal &lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 36px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; Basic earnings per share &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 17px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; width: 29%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net income for the year of the Company &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 785,199 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 65,264 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 850,463 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 612,750 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 280,633 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 893,383 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; padding: 0px; width: 1%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="height: 10px; vertical-align: bottom; text-align: right; padding: 0px; width: 6%; margin: 0px; text-indent: 0px;" valign="bottom"&gt;865,783&lt;/td&gt;
&lt;td style="vertical-align: bottom; text-align: right; padding: 0px; width: 1%; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="height: 10px; vertical-align: bottom; padding: 0px; width: 1%; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="height: 10px; vertical-align: bottom; padding: 0px; width: 6%; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;(492,257&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; width: 1%; margin: 0px; text-indent: 0px; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="height: 10px; vertical-align: bottom; padding: 0px; width: 1%; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="height: 10px; vertical-align: bottom; padding: 0px; width: 6%; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 373,526&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; width: 1%; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Weighted average shares outstanding (in thousands) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,090,500 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,090,500 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,090,500 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,089,414 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,089,414 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,089,414 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; padding: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,086,485&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="background-color: #cceeff; height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,086,485&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="background-color: #cceeff; height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,086,485&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Basic earnings per share &#x2013; R$ &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 0.7200 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 0.0598 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 0.7799 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 0.5625 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 0.2576 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 0.8201 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 0.7969&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;(0.4531&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 0.3438&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; Diluted earnings per share &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="background-color: #cceeff; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="background-color: #cceeff; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net income for the year of the Company &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 785,199 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 65,264 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 850,463 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 612,750 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 280,633 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 893,383 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; padding: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 865,783&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;(492,257&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 373,526&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 18px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Weighted average shares outstanding (in thousands), including dilution effects &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,096,962 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,096,962 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,096,962 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,095,842 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,095,842 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,095,842 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 18px; padding: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; height: 18px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,092,873&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="background-color: #cceeff; height: 18px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; height: 18px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,092,873&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="background-color: #cceeff; height: 18px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; height: 18px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,092,873&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Diluted earnings per share &#x2013; R$ &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 0.7158 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 0.0595 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 0.7753 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 0.5592 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 0.2561 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 0.8152 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 0.7922&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;(0.4504&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"&gt;
&lt;p style="padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;"&gt;)&lt;/p&gt;
&lt;/td&gt;
&lt;td style="height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 0.3418&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; Weighted average shares outstanding (in thousands) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; padding: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="background-color: #cceeff; height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="background-color: #cceeff; height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Weighted average shares outstanding for basic per share &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,090,500 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,089,414 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; padding: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
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&lt;td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
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&lt;/td&gt;
&lt;td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,086,485&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Dilution effect &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
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&lt;/td&gt;
&lt;td style="background-color: #cceeff; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160; &#160;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; &#160;&#160;&#160;&#160; Subscription warrants &#x2013;&#160;&#160;&#160;&#160;&#160;&#160; indemnification &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;"&gt;
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&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;"&gt;
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&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,548 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
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&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;"&gt;
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&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;"&gt;
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&lt;/td&gt;
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&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;"&gt;
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&lt;td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,570 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
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&lt;/td&gt;
&lt;td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
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&lt;/td&gt;
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&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
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&lt;/td&gt;
&lt;td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,774&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160;&#160;&#160;&#160; Deferred stock plan &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
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&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
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&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
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&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,914 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
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&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,858 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="background-color: #cceeff; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="background-color: #cceeff; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,614&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Weighted average shares outstanding for diluted per share &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,096,962 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,095,842 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="height: 10px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-bottom: 2.8pt double #000000; height: 10px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="height: 10px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-bottom: 2.8pt double #000000; height: 10px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="height: 10px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-bottom: 2.8pt double #000000; height: 10px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,092,873&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;p style="margin: 0px; break-after: avoid; break-inside: avoid; text-align: justify; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;p style="margin: 0px; break-after: avoid; break-inside: avoid; text-align: justify; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(i) &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;For further details, s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ee&lt;/span&gt;&lt;span style="font-family: TimesNewRoman;"&gt; &lt;/span&gt;&lt;span style="font-family: TimesNewRoman;"&gt;N&lt;/span&gt;&lt;span style="font-family: TimesNewRoman;"&gt;ot&lt;/span&gt;&lt;span style="font-family: TimesNewRoman;"&gt;e&lt;/span&gt;&lt;span style="font-family: TimesNewRoman;"&gt; &lt;span style="border-left: none; border-right: none;"&gt;3&lt;/span&gt;.c.&lt;span style="border-left: none; border-right: none;"&gt;2&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: TimesNewRoman;"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0px; break-after: avoid; break-inside: avoid; text-align: justify; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(ii) &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;For further details, s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ee&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: TimesNewRoman;"&gt;N&lt;/span&gt;&lt;span style="font-family: TimesNewRoman;"&gt;ot&lt;/span&gt;&lt;span style="font-family: TimesNewRoman;"&gt;e&lt;/span&gt;&lt;span style="font-family: TimesNewRoman;"&gt; &lt;span style="border-left: none; border-right: none;"&gt;3&lt;/span&gt;.c.&lt;span style="border-left: none; border-right: none;"&gt;3&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: TimesNewRoman;"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;p style="margin: 0px; break-after: avoid; break-inside: avoid; text-align: justify; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/p&gt;

&lt;p style="margin: 0px; text-align: justify; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Earnings per share were adjusted retrospectively by the issu&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;anc&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;e of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;2,297,491&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; common shares due to the partial exercise of the rights conferred by the subscription warrants disclosed in note &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;25&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&#160; &#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
</ifrs-full:DisclosureOfEarningsPerShareExplanatory>
    <ifrs-full:EarningsPerShareExplanatory contextRef="D20211231_3" id="Tag4479">
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The table below presents a reconciliation of numerators and denominators used in computing earnings per share. The Company has a deferred stock plan&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and subscription warrants &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#x2013;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; indemnification&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, as mentioned in Notes &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;9&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.c&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;25&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, respectively.&#160; &#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;table cellpadding="0" style="height: 0px; border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="7" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; font-weight: bold;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="7" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; font-weight: bold;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 2020 - &lt;span style="color: #000000; font-family: 'times new roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;Re-presented&lt;/span&gt; (ii) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #ffffff; height: 17px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="7" style="vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 17px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px; font-weight: bold;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 2019 - &lt;span style="color: #000000; font-family: 'times new roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;Re-presented&lt;/span&gt; (ii) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 36px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 36px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 36px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Continuing operations &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 36px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 36px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 36px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Discontinued operations (i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 36px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 36px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 36px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 36px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 36px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 36px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Continuing operations &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 36px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 36px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 36px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Discontinued operations&#160; (i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 36px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 36px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 36px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 36px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 36px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1pt solid #000000; height: 36px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Continuing operations &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 36px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 36px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1pt solid #000000; height: 36px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Discontinued operations&#160; (i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 36px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 36px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1pt solid #000000; height: 36px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-weight: bold;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt;T&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt;otal &lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 36px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; Basic earnings per share &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 17px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; width: 29%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net income for the year of the Company &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 785,199 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 65,264 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 850,463 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 612,750 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 280,633 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 6%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 893,383 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; padding: 0px; width: 1%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="height: 10px; vertical-align: bottom; text-align: right; padding: 0px; width: 6%; margin: 0px; text-indent: 0px;" valign="bottom"&gt;865,783&lt;/td&gt;
&lt;td style="vertical-align: bottom; text-align: right; padding: 0px; width: 1%; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="height: 10px; vertical-align: bottom; padding: 0px; width: 1%; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="height: 10px; vertical-align: bottom; padding: 0px; width: 6%; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;(492,257&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; width: 1%; margin: 0px; text-indent: 0px; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="height: 10px; vertical-align: bottom; padding: 0px; width: 1%; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="height: 10px; vertical-align: bottom; padding: 0px; width: 6%; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 373,526&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; width: 1%; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Weighted average shares outstanding (in thousands) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,090,500 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,090,500 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,090,500 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,089,414 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,089,414 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,089,414 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; padding: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,086,485&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="background-color: #cceeff; height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,086,485&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="background-color: #cceeff; height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,086,485&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Basic earnings per share &#x2013; R$ &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 0.7200 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 0.0598 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 0.7799 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 0.5625 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 0.2576 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 0.8201 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 0.7969&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;(0.4531&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 0.3438&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; Diluted earnings per share &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="background-color: #cceeff; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="background-color: #cceeff; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net income for the year of the Company &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 785,199 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 65,264 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 850,463 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 612,750 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 280,633 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 893,383 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; padding: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 865,783&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;(492,257&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 373,526&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 18px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Weighted average shares outstanding (in thousands), including dilution effects &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,096,962 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,096,962 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,096,962 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,095,842 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,095,842 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,095,842 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 18px; padding: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; height: 18px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,092,873&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="background-color: #cceeff; height: 18px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; height: 18px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,092,873&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="background-color: #cceeff; height: 18px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; height: 18px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,092,873&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Diluted earnings per share &#x2013; R$ &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 0.7158 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 0.0595 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 0.7753 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 0.5592 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 0.2561 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 0.8152 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; padding: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 0.7922&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;(0.4504&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"&gt;
&lt;p style="padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;"&gt;)&lt;/p&gt;
&lt;/td&gt;
&lt;td style="height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 0.3418&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; Weighted average shares outstanding (in thousands) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 10px; padding: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="background-color: #cceeff; height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="background-color: #cceeff; height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Weighted average shares outstanding for basic per share &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,090,500 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,089,414 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 10px; padding: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
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&lt;td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
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&lt;/td&gt;
&lt;td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,086,485&lt;/span&gt;&lt;/p&gt;
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&lt;td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Dilution effect &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
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&lt;/td&gt;
&lt;td style="background-color: #cceeff; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160; &#160;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt; &#160;&#160;&#160;&#160; Subscription warrants &#x2013;&#160;&#160;&#160;&#160;&#160;&#160; indemnification &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;"&gt;
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&lt;td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;"&gt;
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&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,548 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
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&lt;td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;"&gt;
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&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;"&gt;
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&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;"&gt;
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&lt;td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,570 &lt;/span&gt;&lt;/p&gt;
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&lt;td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
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&lt;td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
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&lt;/td&gt;
&lt;td style="height: 10px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 3,774&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160;&#160;&#160;&#160; Deferred stock plan &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
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&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
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&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
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&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,914 &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
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&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,858 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="background-color: #cceeff; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="background-color: #cceeff; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2,614&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Weighted average shares outstanding for diluted per share &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,096,962 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; border-bottom: 2.8pt double #000000; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,095,842 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="height: 10px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-bottom: 2.8pt double #000000; height: 10px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="height: 10px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-bottom: 2.8pt double #000000; height: 10px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; margin: 0px; text-indent: 0px; height: 10px; vertical-align: bottom;" valign="bottom"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="height: 10px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-bottom: 2.8pt double #000000; height: 10px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,092,873&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; margin: 0px; text-indent: 0px; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;p style="margin: 0px; break-after: avoid; break-inside: avoid; text-align: justify; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;p style="margin: 0px; break-after: avoid; break-inside: avoid; text-align: justify; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(i) &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;For further details, s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ee&lt;/span&gt;&lt;span style="font-family: TimesNewRoman;"&gt; &lt;/span&gt;&lt;span style="font-family: TimesNewRoman;"&gt;N&lt;/span&gt;&lt;span style="font-family: TimesNewRoman;"&gt;ot&lt;/span&gt;&lt;span style="font-family: TimesNewRoman;"&gt;e&lt;/span&gt;&lt;span style="font-family: TimesNewRoman;"&gt; &lt;span style="border-left: none; border-right: none;"&gt;3&lt;/span&gt;.c.&lt;span style="border-left: none; border-right: none;"&gt;2&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: TimesNewRoman;"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0px; break-after: avoid; break-inside: avoid; text-align: justify; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(ii) &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;For further details, s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ee&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: TimesNewRoman;"&gt;N&lt;/span&gt;&lt;span style="font-family: TimesNewRoman;"&gt;ot&lt;/span&gt;&lt;span style="font-family: TimesNewRoman;"&gt;e&lt;/span&gt;&lt;span style="font-family: TimesNewRoman;"&gt; &lt;span style="border-left: none; border-right: none;"&gt;3&lt;/span&gt;.c.&lt;span style="border-left: none; border-right: none;"&gt;3&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: TimesNewRoman;"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;p style="margin: 0px; break-after: avoid; break-inside: avoid; text-align: justify; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/p&gt;
</ifrs-full:EarningsPerShareExplanatory>
    <ifrs-full:ProfitLossFromContinuingOperationsAttributableToOrdinaryEquityHoldersOfParentEntity
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag7009"
      unitRef="BRL">785199000</ifrs-full:ProfitLossFromContinuingOperationsAttributableToOrdinaryEquityHoldersOfParentEntity>
    <ifrs-full:ProfitLossFromDiscontinuedOperationsAttributableToOrdinaryEquityHoldersOfParentEntity
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag6954"
      unitRef="BRL">65264000</ifrs-full:ProfitLossFromDiscontinuedOperationsAttributableToOrdinaryEquityHoldersOfParentEntity>
    <ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag6990"
      unitRef="BRL">850463000</ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity>
    <ifrs-full:ProfitLossFromContinuingOperationsAttributableToOrdinaryEquityHoldersOfParentEntity
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag6988"
      unitRef="BRL">612750000</ifrs-full:ProfitLossFromContinuingOperationsAttributableToOrdinaryEquityHoldersOfParentEntity>
    <ifrs-full:ProfitLossFromDiscontinuedOperationsAttributableToOrdinaryEquityHoldersOfParentEntity
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag7007"
      unitRef="BRL">280633000</ifrs-full:ProfitLossFromDiscontinuedOperationsAttributableToOrdinaryEquityHoldersOfParentEntity>
    <ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag6963"
      unitRef="BRL">893383000</ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity>
    <ifrs-full:ProfitLossFromContinuingOperationsAttributableToOrdinaryEquityHoldersOfParentEntity
      contextRef="D20191231"
      decimals="-3"
      id="Tag4396"
      unitRef="BRL">865783000</ifrs-full:ProfitLossFromContinuingOperationsAttributableToOrdinaryEquityHoldersOfParentEntity>
    <ifrs-full:ProfitLossFromDiscontinuedOperationsAttributableToOrdinaryEquityHoldersOfParentEntity
      contextRef="D20191231"
      decimals="-3"
      id="Tag6982"
      unitRef="BRL">-492257000</ifrs-full:ProfitLossFromDiscontinuedOperationsAttributableToOrdinaryEquityHoldersOfParentEntity>
    <ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity
      contextRef="D20191231"
      decimals="-3"
      id="Tag7010"
      unitRef="BRL">373526000</ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity>
    <ugp:WeightedAverageNumberOfOrdinarySharesUsedInCalculatingBasicEarningsPerShareContinuingOperations
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag4408"
      unitRef="Shares">1090500000</ugp:WeightedAverageNumberOfOrdinarySharesUsedInCalculatingBasicEarningsPerShareContinuingOperations>
    <ugp:WeightedAverageNumberOfOrdinarySharesUsedInCalculatingBasicEarningsPerShareDiscontinuedOperations
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag6971"
      unitRef="Shares">1090500000</ugp:WeightedAverageNumberOfOrdinarySharesUsedInCalculatingBasicEarningsPerShareDiscontinuedOperations>
    <ifrs-full:WeightedAverageShares
      contextRef="D20211231_3"
      decimals="-3"
      id="Tag4395"
      unitRef="Shares">1090500000</ifrs-full:WeightedAverageShares>
    <ugp:WeightedAverageNumberOfOrdinarySharesUsedInCalculatingBasicEarningsPerShareContinuingOperations
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag6976"
      unitRef="Shares">1089414000</ugp:WeightedAverageNumberOfOrdinarySharesUsedInCalculatingBasicEarningsPerShareContinuingOperations>
    <ugp:WeightedAverageNumberOfOrdinarySharesUsedInCalculatingBasicEarningsPerShareDiscontinuedOperations
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag7006"
      unitRef="Shares">1089414000</ugp:WeightedAverageNumberOfOrdinarySharesUsedInCalculatingBasicEarningsPerShareDiscontinuedOperations>
    <ifrs-full:WeightedAverageShares
      contextRef="D20201231_3"
      decimals="-3"
      id="Tag6964"
      unitRef="Shares">1089414000</ifrs-full:WeightedAverageShares>
    <ugp:WeightedAverageNumberOfOrdinarySharesUsedInCalculatingBasicEarningsPerShareContinuingOperations
      contextRef="D20191231"
      decimals="-3"
      id="Tag4397"
      unitRef="Shares">1086485000</ugp:WeightedAverageNumberOfOrdinarySharesUsedInCalculatingBasicEarningsPerShareContinuingOperations>
    <ugp:WeightedAverageNumberOfOrdinarySharesUsedInCalculatingBasicEarningsPerShareDiscontinuedOperations
      contextRef="D20191231"
      decimals="-3"
      id="Tag4422"
      unitRef="Shares">1086485000</ugp:WeightedAverageNumberOfOrdinarySharesUsedInCalculatingBasicEarningsPerShareDiscontinuedOperations>
    <ifrs-full:WeightedAverageShares
      contextRef="D20191231"
      decimals="-3"
      id="Tag6997"
      unitRef="Shares">1086485000</ifrs-full:WeightedAverageShares>
    <ifrs-full:BasicEarningsLossPerShareFromContinuingOperations
      contextRef="D20211231_3"
      decimals="4"
      id="Tag6999"
      unitRef="BRLPerShare">0.72</ifrs-full:BasicEarningsLossPerShareFromContinuingOperations>
    <ifrs-full:BasicEarningsLossPerShareFromDiscontinuedOperations
      contextRef="D20211231_3"
      decimals="4"
      id="Tag7001"
      unitRef="BRLPerShare">0.0598</ifrs-full:BasicEarningsLossPerShareFromDiscontinuedOperations>
    <ifrs-full:BasicEarningsLossPerShare
      contextRef="D20211231_3"
      decimals="4"
      id="Tag6969"
      unitRef="BRLPerShare">0.7799</ifrs-full:BasicEarningsLossPerShare>
    <ifrs-full:BasicEarningsLossPerShareFromContinuingOperations
      contextRef="D20201231_3"
      decimals="4"
      id="Tag6995"
      unitRef="BRLPerShare">0.5625</ifrs-full:BasicEarningsLossPerShareFromContinuingOperations>
    <ifrs-full:BasicEarningsLossPerShareFromDiscontinuedOperations
      contextRef="D20201231_3"
      decimals="4"
      id="Tag6987"
      unitRef="BRLPerShare">0.2576</ifrs-full:BasicEarningsLossPerShareFromDiscontinuedOperations>
    <ifrs-full:BasicEarningsLossPerShare
      contextRef="D20201231_3"
      decimals="4"
      id="Tag6972"
      unitRef="BRLPerShare">0.8201</ifrs-full:BasicEarningsLossPerShare>
    <ifrs-full:BasicEarningsLossPerShareFromContinuingOperations
      contextRef="D20191231"
      decimals="4"
      id="Tag6958"
      unitRef="BRLPerShare">0.7969</ifrs-full:BasicEarningsLossPerShareFromContinuingOperations>
    <ifrs-full:BasicEarningsLossPerShareFromDiscontinuedOperations
      contextRef="D20191231"
      decimals="4"
      id="Tag6981"
      unitRef="BRLPerShare">-0.4531</ifrs-full:BasicEarningsLossPerShareFromDiscontinuedOperations>
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&lt;div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-weight: bold;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;&lt;/span&gt;&lt;span&gt;32. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;Segment &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;i&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;nformation&#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The Company operates &lt;/span&gt;&lt;span&gt;six&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;main business segments: gas distribution, fuel distribution, chemicals,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (presented as discontinued operations),&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;storage&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;drugstores&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(presented as discontinued operations) &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and digital payments&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. The gas distribution segment (Ultragaz) distributes LPG to residential, commercial, and industrial consumers, especially in the South, Southeast, and Northeast regions of Brazil. The fuel distribution segment (&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Ipiranga&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;) operates the distribution and marketing of gasoline, ethanol, diesel, fuel oil, kerosene, natural gas for vehicles&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and lubricants and related activities throughout all the Brazilian territory. The storage segment (&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Ultracargo&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;) operates liquid bulk terminals, especially in the Southeast and Northeast regions of Brazil&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The digital payments segment (&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Abastece&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;a&#xed;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;) offers digital payments services, combining the &#x201c;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;abastece&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;a&#xed;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#x201d; app and the loyalty program&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &#x201c;Km de &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Vantagens&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#x201d;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The segments shown in the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;f&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;inancial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;statements&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;are strategic business units supplying different products and services. Intersegment sales are at prices &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;similar to&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; those that would be charged to third parties.&#160;&#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;/div&gt;
&lt;div&gt;
&lt;p style="margin: 0px; text-align: justify; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;"&gt;a. Financial information related to segments&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The main financial information of each of the&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; continuing operations&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; Company&#x2019;s segments &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;are&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; stated as follows&lt;/span&gt;&lt;span&gt;. For discontinued operations see note 3.c.2.&#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-left: none; border-right: none; margin: 0px; text-indent: 0px;"&gt;
&lt;div id="t_ft_NJZMTW8RI800000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 0px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="24" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 2021&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 0px;"&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Income &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Ipiranga &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Ultragaz &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Ultracargo &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-family: 'times new roman', times; font-weight: bold;"&gt; Abastece a&#xed; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Subtotal &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-family: 'times new roman', times;"&gt;&lt;span style="font-weight: bold;"&gt;Others &lt;sup&gt;(1)(2)&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Elimination &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td&gt;&#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 28%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Net revenue from sales and services &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 7%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 99,382,617 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 7%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 9,744,659 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 7%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 713,096 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 7%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 84,733 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 7%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 109,925,105 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 7%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 22,452 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 7%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (214,715 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"&gt;&lt;span style="font-weight: bold;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 1pt solid #000000; width: 7%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 109,732,842 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Transactions with third parties &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 99,382,547 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 9,740,657 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 518,762 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 84,733 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 109,726,699 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 6,143 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 109,732,842 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Intersegment transactions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 70 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 4,002 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 194,334 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 198,406 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 16,309 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (214,715 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Cost of products and services sold &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (96,110,408 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (8,626,340 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (285,406 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (105,022,154 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 70 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 194,118 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (104,827,966 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Gross profit&#160;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,272,209 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,118,319 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 427,690 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 84,733 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 4,902,951 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 22,522 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (20,597 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;span style="font-weight: bold;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 4,904,876 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Operating income (expenses) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Selling and marketing &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (1,409,350 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (438,697 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (9,213 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (71,345 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (1,928,605 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (6,184 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (1,934,789 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Loss allowance (reversion) for expected credit losses &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 23,536 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (20,482 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 69 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,123 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,123 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; General and administrative &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (846,441 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (202,002 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (127,117 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (113,544 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (1,289,104 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (198,044 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 20,597 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (1,466,551 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Gain (loss) on disposal of property, plant and equipment and intangibles &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 183,862 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,138 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (1,754 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (9 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 184,237 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (48 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 184,189 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Other operating income, net &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 74,574 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 10,976 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,876 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 5,159 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 94,585 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,581 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 96,166 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Operating income (loss) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,298,390 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 470,252 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 293,551 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (95,006 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;span style="font-weight: bold;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,967,187 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (180,173 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;span style="font-weight: bold;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,787,014 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Share of profit (loss) of subsidiaries, joint ventures and associates &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (859 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (104 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 602 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (361 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (17,273 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (17,634 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Operating income before finance income (expenses) and income and social contribution taxes &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,297,531 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 470,148 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 294,153 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (95,006 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;span style="font-weight: bold;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,966,826 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (197,446 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;span style="font-weight: bold;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,769,380 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Depreciation of PP&amp;amp;E and amortization of intangible assets charges &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 325,942 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 211,014 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 76,421 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 14,365 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 627,742 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 25,376 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 653,118 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Amortization of contractual assets with customers &#x2013; exclusive rights &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 280,975 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,546 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 282,521 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 282,521 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Amortization of right-of-use assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 182,245 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 46,579 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 25,440 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 267 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 254,531 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 6,185 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 260,716 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Total of depreciation and amortization &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 789,162 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 259,139 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 101,861 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 14,632 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,164,794 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 31,561 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,196,355 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;

&lt;/div&gt;
&lt;div style="border-left: none; border-right: none; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/div&gt;
&lt;div style="border-left: none; border-right: none;"&gt;
&lt;div id="t_ft_58SEPP7TTS00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 329px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="26" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 2020 - &lt;span style="color: #000000; font-family: 'times new roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;Re-presented&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 0px;"&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Income &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Ipiranga &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Ultragaz &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Ultracargo &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-family: 'times new roman', times; font-weight: bold;"&gt; Abastece a&#xed; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Subtotal Segments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-family: 'times new roman', times; font-weight: bold;"&gt;Others &lt;sup&gt;(1)(2)&lt;/sup&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Elimination &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="3" rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td&gt;&#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 28%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Net revenue from sales and services &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 66,133,035 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 7,408,342 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 644,177 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 17,223 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 74,202,777 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 48,325 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (193,046 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times; font-weight: bold;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="3" style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; background-color: #cceeff; width: 7%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 74,058,056 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Transactions with third parties &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 66,132,828 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 7,403,632 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 504,725 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 17,223 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 74,058,408 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (352 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="3" style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 74,058,056 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Intersegment transactions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 207 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 4,710 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 139,452 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 144,369 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 48,677 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (193,046 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="3" style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Cost of products and services sold &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (63,609,871 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (6,310,157 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (270,010 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (70,190,038 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 207 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 133,384 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="3" style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (70,056,447 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Gross profit &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,523,164 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,098,185 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 374,167 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 17,223 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 4,012,739 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 48,532 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (59,662 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times; font-weight: bold;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="3" style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 4,001,609 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Operating income (expenses) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="3" style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Selling and marketing &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (1,164,779 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (404,776 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (7,278 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (13,945 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (1,590,778 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (5,093 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="3" style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (1,595,871 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Loss allowance (reversion) for expected credit losses &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,863 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (18,514 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 370 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (15,281 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="3" style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (15,281 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; General and administrative &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (568,963 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (196,883 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (122,965 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (33,164 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (921,975 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (131,673 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 59,662 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="3" style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (993,986 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Gain (loss) on disposal of property, plant and equipment and intangibles &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 78,952 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 7,936 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (1,433 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 85,455 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="3" style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 85,455 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Other operating income, net &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 44,195 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 8,265 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 8,898 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 920 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 62,278 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,756 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="3" style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 64,034 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Operating income (loss) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 915,432 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 494,213 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 251,759 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (28,966 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times; font-weight: bold;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,632,438 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (86,478 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times; font-weight: bold;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="3" style="padding: 0px; vertical-align: bottom; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,545,960 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Share of profit (loss) of subsidiaries, joint ventures and associates &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (932 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (53 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 392 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (593 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (43,438 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="3" style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (44,031 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 34px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Operating income before finance income (expenses) and income and social contribution taxes &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 914,500 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 494,160 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 252,151 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (28,966 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times; font-weight: bold;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,631,845 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 34px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (129,916 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times; font-weight: bold;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 34px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="3" style="padding: 0px; vertical-align: bottom; height: 34px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,501,929 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Depreciation of PP&amp;amp;E and amortization of intangible assets charges &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 314,511 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 192,241 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 65,838 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 4,053 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 576,643 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 18,888 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="3" style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 595,531 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Amortization of contractual assets with customers &#x2013; exclusive rights &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 287,800 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,636 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 289,436 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="3" style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 289,436 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Amortization of right-of-use assets&#160;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 177,039 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 41,015 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 19,482 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 40 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 237,576 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 5,094 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="3" style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 242,670 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Total of depreciation and amortization &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 779,350 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 234,892 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 85,320 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 4,093 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,103,655 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 23,982 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="2" style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="3" style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,127,637 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify; font-family: 'Times New Roman'; font-size: 7pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 7pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;table style="width: 100%; margin: 0px; text-indent: 0px; font-family: 'times new roman'; font-size: 10pt;"&gt;
&lt;tbody&gt;
&lt;tr&gt;
&lt;td style="width: 1.75797%; vertical-align: top; padding: 0px; margin: 0px; text-indent: 0px;" valign="top"&gt;&lt;span style="font-size: 8pt;"&gt;(1)&lt;/span&gt;&lt;/td&gt;
&lt;td style="width: 98.242%; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top"&gt;
&lt;p style="margin: 0px; text-align: justify; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="border-right: none; border-left: none;"&gt;&lt;span style="border-right: none; border-left: none;"&gt;Includes in the line &#x201c;General and administrative&#x201d; and revenue on disposal of PP&amp;amp;E and intangibles the amount of R$ &lt;/span&gt;&lt;/span&gt;&lt;span style="border-left: none; border-right: none;"&gt;&lt;span&gt;154,640&lt;/span&gt;&lt;/span&gt;&lt;span style="border-right: none; border-left: none;"&gt;&lt;span style="border-right: none; border-left: none;"&gt; in &lt;/span&gt;&lt;span&gt;2021&lt;/span&gt;&lt;span style="border-right: none; border-left: none;"&gt; (R$ &lt;/span&gt;&lt;/span&gt;&lt;span style="border-left: none; border-right: none;"&gt;&lt;span&gt;87,363&lt;/span&gt;&lt;/span&gt;&lt;span style="border-right: none; border-left: none;"&gt;&lt;span style="border-right: none; border-left: none;"&gt; in &lt;/span&gt;&lt;span&gt;2020&lt;/span&gt;&lt;span style="border-right: none; border-left: none;"&gt;) of expenses related to Ultrapar's holding structure, including the Presidency, Financial Board, Legal Board, Board of Directors and Fiscal Council, Risk, Compliance and Audit Board and Sustainability Board.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td style="width: 1.75797%; vertical-align: top; margin: 0px; text-indent: 0px; padding: 0px;" valign="top"&gt;&lt;span style="font-size: 8pt;"&gt;(2)&lt;/span&gt;&lt;/td&gt;
&lt;td style="width: 98.242%; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; vertical-align: top;" valign="top"&gt;
&lt;p style="margin: 0px; text-align: justify; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="border-right: none; border-left: none;"&gt;The &#x201c;Others&#x201d; column consists of financial income and expenses, income tax and social contribution of the segments, the parent company Ultrapar and the subsidiaries Serma, Imaven Im&#xf3;veis Ltda. (&#x201c;Imaven&#x201d;), Ultrapar International, UVC Investimentos, UVC - Fundo de investimento and equity of joint ventures of ConectCar, until September 30, 2021 and RPR.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;

&lt;p style="margin: 0px; text-align: justify; font-family: 'Times New Roman'; font-size: 7pt; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 7pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_0P0VIJ1H2800000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 308px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="19" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 2019 &#x2013; &lt;span style="color: #000000; font-family: 'times new roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;Re-presented&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 0px;"&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Income &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Ipiranga &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Ultragaz &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Ultracargo &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Subtotal &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Others &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Elimination &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td&gt;&#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 28%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Net revenue from sales and services &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; width: 9%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 75,452,481 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; width: 9%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 7,094,825&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; width: 8%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 540,758&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; width: 8%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 83,088,064&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; width: 8%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 44,063&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; width: 8%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (127,397&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px; width: 8%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 83,004,729&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Transactions with third parties &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 75,451,946 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 7,091,031&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 462,368&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 83,005,345&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (616 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; -&#160;&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 83,004,729&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Intersegment transactions &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; &#160; 535 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,794&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 78,390&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 82,719&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 44,678&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (127,397&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; -&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Cost of products and services sold &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (71,962,747 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (6,104,952 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (261,025&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (78,328,724&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 533&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 119,405&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (78,208,786&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Gross profit &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,489,734 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 989,873&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 279,733&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 4,759,340&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 44,595&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (7,992&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 4,795,943&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Operating income (expenses) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Selling and marketing &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (1,228,136 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (394,798&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (8,683&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (1,631,617&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p class="ng-scope" style="margin: 0pt; text-align: right;"&gt;( 143 &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; -&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (1,631,760&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Loss allowance (reversion) for expected credit losses &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (3,942 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p class="ng-scope" style="margin: 0pt; text-align: right;"&gt;( 31,370 &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 87&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (35,225 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; -&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; -&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p class="ng-scope" style="margin: 0pt; text-align: right;"&gt; 35,225 &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; General and administrative &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p class="ng-scope" style="margin: 0pt; text-align: right;"&gt;(770,028 &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p class="ng-scope" style="margin: 0pt; text-align: right;"&gt;(210,361 &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p class="ng-scope" style="margin: 0pt; text-align: right;"&gt;( 124,767 &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p class="ng-scope" style="margin: 0pt; text-align: right;"&gt;( 1,105,156 &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p class="ng-scope" style="margin: 0pt; text-align: right;"&gt;( 122,286 &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 7,992&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p class="ng-scope" style="margin: 0pt; text-align: right;"&gt;( 1,219,450 &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 34px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Gain (loss) on disposal of property, plant and equipment and intangibles &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;
&lt;p class="ng-scope" style="margin: 0pt; text-align: right;"&gt; 13,285 &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,677&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (807&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 15,155&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;
&lt;p class="ng-scope" style="margin: 0pt; text-align: right;"&gt;( 13,455 &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; -&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,700&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 34px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Other operating income, net &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p class="ng-scope" style="margin: 0pt; text-align: right;"&gt; 186,982 &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 12,953&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (62,392&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 137,543&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,486&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; -&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 140,029&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Operating income (loss) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,687,895 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 368,974&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 83,171&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,140,040&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (88,803&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; -&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,051,237&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Share of profit (loss) of subsidiaries, joint ventures and associates &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p class="ng-scope" style="margin: 0pt; text-align: right;"&gt;( 24,782 &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (5&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,370&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p class="ng-scope" style="margin: 0pt; text-align: right;"&gt;( 23,417 &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 10,708&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; -&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (12,709&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Operating income before finance income (expenses) and income and social contribution taxes &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,663,113 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 368,969&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 84,541&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,116,623&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (78,095&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; -&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,038,528&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Depreciation of PP&amp;amp;E and amortization of intangible assets charges &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 275,294&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 186,221&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 59,618&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 521,133&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 30,636&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; -&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 551,768&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Amortization of contractual assets with customers &#x2013; exclusive rights &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 355,055&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 195&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; -&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 355,250&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p class="ng-scope" style="margin: 0pt; text-align: right;"&gt; - &lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; -&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 355,250&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Amortization of right-of-use assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 164,543&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 31,264&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 20,673&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 216,480&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; &#160; 128 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; -&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 216,609&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Total of depreciation and amortization &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 794,892&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 217,680&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 80,291&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,092,863&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 30,764&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; -&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,123,627 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;

&lt;p style="margin: 0px; text-align: justify; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-left: none; border-right: none;"&gt;
&lt;div id="t_ft_5KA7ROPRY800000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 67px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="22" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 0px;"&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Cash flow &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Ipiranga &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Ultragaz &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Ultracargo &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Abastece a&#xed; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Subtotal Segments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;Others &lt;sup&gt;(3)&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Elimination &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td&gt;&#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px; width: 28%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Acquisition of property, plant, and equipment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 386,693 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 336,871 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 298,272 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 636 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,022,472 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 5,947 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,028,419 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Acquisition of intangible assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 156,498 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 30,150 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 15,819 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 34,824 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 237,291 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 197 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 237,488 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Payments of contractual assets with customers &#x2013; exclusive rights &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 420,261 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 420,261 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 420,261 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span&gt; Decarbonization credits (see Note 16) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 176,837 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 176,837 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 176,837 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_0FXP77D28000000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 67px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td colspan="22" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 2020 - &lt;span style="color: #000000; font-family: 'times new roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;Re-presented&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 0px;"&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Cash flow &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Ipiranga &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Ultragaz &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Ultracargo &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Abastece a&#xed; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Subtotal Segments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;Others &lt;sup&gt;(3)&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Elimination &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td&gt;&#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px; width: 28%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Acquisition of property, plant, and equipment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 245,980 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 276,470 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 211,287 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 5,149 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 738,886 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 11,732 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 7%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 750,618 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Acquisition of intangible assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 85,337 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 32,613 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 5,596 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 10,285 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 133,831 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 20,703 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 154,534 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Payments of contractual assets with customers &#x2013; exclusive rights &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 351,233 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 4,812 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 356,045 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 356,045 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span&gt; Decarbonization credits (see Note 16) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 125,345 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 125,345 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 125,345 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-left: none; border-right: none;"&gt;
&lt;div id="t_ft_MOQVF2X7I800000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; width: 100.655%; height: 69px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="19" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 2019 &#x2013; &lt;span style="color: #000000; font-family: 'times new roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;Re-presented&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 0px;"&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Cash flow &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Ipiranga &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Ultragaz &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Ultracargo &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Subtotal Segments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-family: 'times new roman', times;"&gt;&lt;span style="font-weight: bold;"&gt;Others &lt;sup&gt;(3)&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Elimination &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td&gt;&#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 13px; width: 28%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Acquisition of property, plant, and equipment &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td class="ng-scope" style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 9%;"&gt;284,882&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td class="ng-scope" style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 9%;"&gt;222,082&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td class="ng-scope" style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 8%;"&gt;206,369&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td class="ng-scope" style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 8%;"&gt;713,333&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td class="ng-scope" style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 8%;"&gt;7,446&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td class="ng-scope" style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 8%;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td class="ng-scope" style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 8%;"&gt;720,779&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 13px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Acquisition of intangible assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td class="ng-scope" style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;"&gt;70,193&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td class="ng-scope" style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;"&gt;27,702&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td class="ng-scope" style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;"&gt;617&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td class="ng-scope" style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;"&gt;98,512&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td class="ng-scope" style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;"&gt;12,739&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td class="ng-scope" style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td class="ng-scope" style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;"&gt;111,251&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; text-align: right; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; background-color: #cceeff; height: 19px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payments of contractual assets with customers &#x2013; exclusive rights &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td class="ng-scope" style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;"&gt;327,346&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td class="ng-scope" style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;"&gt;2,722&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td class="ng-scope" style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td class="ng-scope" style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;"&gt;330,068&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td class="ng-scope" style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td class="ng-scope" style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;"&gt;-&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td class="ng-scope" style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;"&gt;330,068&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; text-align: right; background-color: #cceeff; height: 19px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;/div&gt;

&lt;p style="margin: 0px; text-align: justify; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_VFGEPVRYVK00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 0px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="22" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 0px;"&gt;
&lt;td rowspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; Assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Ipiranga &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Ultragaz &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Ultracargo &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Abastece a&#xed; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Subtotal Segments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;Others &lt;sup&gt;(3)&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Assets from subsidiaries held for sale &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td rowspan="2" style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td&gt;&#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 20%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Total assets (excluding intersegment transactions) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 21,050,793 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,233,736 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,675,453 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 152,212 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 27,112,194 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 897,246 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 11,000,917 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 39,010,357 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-left: none; border-right: none;"&gt;
&lt;div id="t_ft_O6PNVV77TC00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 0px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 19.9509%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="28" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 78.2441%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 0.981194%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 0.981194%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 19.9509%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; Assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 5.96893%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Ipiranga &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 0.981194%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 1.06296%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 5.96893%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Ultragaz &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 0.981194%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 0.981194%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 6.0507%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Oxiteno &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; height: 10px; width: 0.981194%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.981194%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 5.96893%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Ultracargo &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 1.06296%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 0.981194%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 5.96893%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Extrafarma &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 0.981194%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.06296%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 5.96893%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt; Abastece a&#xed; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 0.981194%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 0.981194%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 6.0507%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Subtotal Segments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 0.981194%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 0.981194%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 5.96893%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-size: 8pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;Others &lt;sup&gt;(3)&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 1.06296%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 0.981194%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 5.96893%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Elimination &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 1.30208%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 1.06296%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 5.96893%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 0.981194%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; width: 0.981194%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 19.9509%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Total assets (excluding intersegment transactions) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.96893%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 18,761,207 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.06296%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.96893%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,927,061 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.981194%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.981194%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.0507%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 8,892,850 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.981194%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.981194%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.96893%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,197,675 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.06296%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.981194%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.96893%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,845,038 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.981194%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.06296%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.96893%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 85,787 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.981194%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.981194%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.0507%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 34,709,618 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.981194%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.981194%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.96893%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,540,544 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.06296%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.981194%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.96893%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.30208%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.06296%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5.96893%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 36,250,162 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.981194%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.981194%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;table style="width: 100%; margin: 0px; text-indent: 0px; font-family: 'times new roman'; font-size: 10pt;"&gt;
&lt;tbody&gt;
&lt;tr&gt;
&lt;td style="width: 2.08504%; vertical-align: top;" valign="top"&gt;&lt;span style="font-size: 8pt; font-family: 'times new roman', times;"&gt;(3)&lt;/span&gt;&lt;/td&gt;
&lt;td style="width: 97.915%; vertical-align: top;" valign="top"&gt;
&lt;p style="margin: 0px; text-align: justify; text-indent: 0px;"&gt;&lt;span style="border-right: none; border-left: none;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="border-right: none; border-left: none;"&gt;The &#x201c;Others&#x201d; column comprises the parent company Ultrapar (including goodwill from certain acquisitions) and the subsidiaries Serma, Imaven, Ultrapar International, UVC Investimentos and UVC - Fundo de investimento.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;

&lt;/div&gt;
&lt;div&gt;
&lt;div style="border-left: none; border-right: none;"&gt;
&lt;div id="t_ft_R8TVSV1IZ400000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 310px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 58.9007%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 11.977%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 1.06645%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 11.977%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 0.984413%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #ffffff; height: 17px; width: 0.984413%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #ffffff; height: 17px; width: 11.977%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #ffffff; height: 17px; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 58.9007%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.977%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.06645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.977%; text-align: center;"&gt;&lt;span style="color: #000000; font-family: 'times new roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;Re-presented&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 0.984413%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; width: 0.984413%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; width: 11.977%; text-align: center;"&gt;&lt;span style="color: #000000; font-family: 'times new roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;Re-presented&lt;/span&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; height: 17px; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 11px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 58.9007%; height: 11px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Income before financial result, income and social contribution taxes &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 11px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,769,380 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.31062%; height: 11px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.06645%; height: 11px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.977%; height: 11px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,501,929 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.984413%; height: 11px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; width: 0.984413%; height: 11px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; width: 11.977%; height: 11px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,038,528 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; width: 1.31062%; height: 11px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 58.9007%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Financial result, net &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.977%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (762,732 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.31062%;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.06645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.977%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (550,348 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.984413%;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px; width: 0.984413%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px; width: 11.977%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt;(673,351 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px; width: 1.31062%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 58.9007%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Income before income and social contribution taxes &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.977%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,006,648 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.06645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.977%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 951,581 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.984413%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 0.984413%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.977%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,365,177 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 11px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 11px; width: 58.9007%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Additions to PP&amp;amp;E and intangible assets (excluding intersegment account balances): &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 11px; width: 11.977%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 11px; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 11px; width: 1.06645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 11px; width: 11.977%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 11px; width: 0.984413%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 11px; width: 0.984413%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 11px; width: 11.977%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 11px; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 58.9007%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Ultragaz &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 11.977%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 367,021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.06645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 11.977%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 309,083 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 0.984413%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 0.984413%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 11.977%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 249,784 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 58.9007%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Ipiranga &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 11.977%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 550,874 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.06645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 11.977%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 338,848 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.984413%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px; width: 0.984413%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px; width: 11.977%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 370,864 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 58.9007%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Ultracargo &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 11.977%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 316,873 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.06645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 11.977%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 218,898 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 0.984413%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 0.984413%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 11.977%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 217,377 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 58.9007%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; Abastece a&#xed; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 11.977%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 35,460 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.06645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 11.977%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 15,434 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.984413%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px; width: 0.984413%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px; width: 11.977%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 58.9007%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; border-top: 1pt solid #000000; width: 11.977%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,270,228 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.06645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; border-top: 1pt solid #000000; width: 11.977%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 882,263 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 0.984413%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 0.984413%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; border-top: 1pt solid #000000; width: 11.977%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 838,025 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 58.9007%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;Others &lt;span style="font-size: 8pt;"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; height: 10px; border-bottom: 1pt solid #000000; width: 11.977%; vertical-align: bottom;" valign="bottom"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 6,143 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; height: 10px; width: 1.31062%; vertical-align: bottom;" valign="bottom"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; height: 10px; width: 1.06645%; vertical-align: bottom;" valign="bottom"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; height: 10px; border-bottom: 1pt solid #000000; width: 11.977%; vertical-align: bottom;" valign="bottom"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 32,437 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; height: 10px; width: 0.984413%; vertical-align: bottom;" valign="bottom"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; height: 10px; width: 0.984413%; vertical-align: bottom;" valign="bottom"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; height: 10px; border-bottom: 1pt solid #000000; width: 11.977%; vertical-align: bottom;" valign="bottom"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 20,185 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 10px; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 58.9007%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span&gt; Total additions to PP&amp;amp;E and intangible assets, excluding decarbonization credits (see Notes 15 and 16) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 11.977%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,276,371 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.06645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 11.977%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 914,700 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.984413%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 0.984413%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 11.977%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 858,210 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 58.9007%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span&gt; Asset retirement obligation &#x2013; fuel tanks (see Note 22) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 11.977%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (451 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.31062%;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.06645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 11.977%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (163 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.984413%;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px; width: 0.984413%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px; width: 11.977%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt;(290 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px; width: 1.31062%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 58.9007%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Capitalized borrowing costs &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 11.977%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (10,013 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.31062%;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.06645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 11.977%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (9,385 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 0.984413%;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 0.984413%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 11.977%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt;(25,890 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 1.31062%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 13px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 13px; width: 58.9007%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total investments in PP&amp;amp;E and intangible assets (cash flow) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 13px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.977%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,265,907 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 13px; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 13px; width: 1.06645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 13px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.977%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 905,152 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 13px; width: 0.984413%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 13px; width: 0.984413%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 13px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.977%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 832,030 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 13px; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 58.9007%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span&gt; Addition on contractual assets with customers &#x2013; exclusive rights (see Note 12): &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; width: 11.977%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; width: 1.06645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; width: 11.977%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; width: 0.984413%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px; width: 0.984413%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px; width: 11.977%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 10px; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 58.9007%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Ipiranga &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 11.977%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 689,986 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.06645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 11.977%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 543,382 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.984413%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px; width: 0.984413%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px; width: 11.977%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 330,068 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 58.9007%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Ultragaz &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 11.977%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 1.06645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 11.977%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 5,703 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; width: 0.984413%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 0.984413%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 11.977%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 58.9007%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.977%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 689,986 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.06645%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.977%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 549,085 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; width: 0.984413%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px; width: 0.984413%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.977%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 330,068 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px; width: 1.31062%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;table style="width: 100%; margin: 0px; text-indent: 0px; height: 34px; font-family: 'times new roman'; font-size: 10pt;"&gt;
&lt;tbody&gt;
&lt;tr style="height: 34px;"&gt;
&lt;td style="width: 1.83974%; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 34px; vertical-align: top;" valign="top"&gt;&lt;span style="font-size: 8pt;"&gt;(1)&lt;/span&gt;&lt;/td&gt;
&lt;td style="width: 98.1603%; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 34px; vertical-align: top;" valign="top"&gt;
&lt;p style="margin: 0px; text-align: justify; text-indent: 0px; padding-left: 0px; padding-right: 0px;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The &#x201c;Others&#x201d; column comprises the parent company Ultrapar (including goodwill from certain acquisitions) and the subsidiaries Serma, Imaven, Ultrapar International, UVC Investimentos and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;UVC &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#x2013;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; Fundo de investimento&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;

&lt;p style="margin: 0px; text-align: justify; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;b&lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;. &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;Geographic &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;a&lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;rea &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;i&lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;nformation&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span&gt;The right-of-use assets, PP&amp;amp;E and intangible assets of the Company and its subsidiaries are located in Brazil, except those related to Oxiteno&#x2019; plants abroad, which were reclassified to assets of subsidiaries held for sale on December 31, 2021, for further details see Note 3.b, as shown below:&#160; &#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_J39R1IYC0G00000000000000000000b"&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto; height: 86px;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; width: 73%; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; United States of America &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 12%; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,152,876 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Mexico &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 163,042 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Uruguay &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 90,347 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,406,265 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The subsidiaries generate revenue from operations in Brazil, as well as from exports of products to foreign customers, as disclosed below:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div id="t_ft_VUWM2SW0CG00000000000000000000b"&gt;
&lt;table cellpadding="0" style="height: 157px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 85%; margin-left: auto; margin-right: auto;" width="85%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span&gt; 2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #ffffff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span&gt; 2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #ffffff; padding: 0px; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #ffffff; padding: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #ffffff; padding: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span&gt; 2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #ffffff; padding: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt;&lt;span style="color: #000000; font-family: 'times new roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;Re-presented&#160;&lt;/span&gt;(i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"&gt;&lt;span style="font-size: 8pt; font-weight: bold;"&gt;&lt;span style="color: #000000; font-family: 'times new roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;Re-presented&#160;&lt;/span&gt;(i) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 59%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net revenue from sale and services: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 1%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span&gt; 109,598,146 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span&gt; 73,941,162 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span&gt; 82,927,227&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 19px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Other Latin American countries &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span&gt; 69,523 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span&gt; 45,356 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 19px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 19px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 19px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span&gt; 40,655&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 19px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; United States of America and Canada &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span&gt; 35,279 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span&gt; 29,935 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span&gt; 16,906&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Europe &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span&gt; 18,876 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span&gt; 34,460 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span&gt; 17,058&#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 19px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 19px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; page-break-after: avoid; page-break-inside: avoid; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Others &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 19px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span&gt; 11,018 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 19px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span&gt; 7,143 &lt;/span&gt;&lt;/p&gt;
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&lt;td style="vertical-align: top; padding: 0px; height: 19px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 19px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; padding: 0px; height: 19px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span&gt; 2,883&#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="vertical-align: top; padding: 0px; height: 19px;"&gt;&lt;br/&gt;&lt;/td&gt;
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&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span&gt; 109,732,842 &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span&gt; 74,058,056 &lt;/span&gt;&lt;/p&gt;
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&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: right;"&gt;&lt;span&gt; 83,004,729&#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="vertical-align: top; background-color: #cceeff; padding: 0px; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify; font-family: 'Times New Roman'; font-size: 7pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 7pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;table style="width: 100%; margin: 0px; text-indent: 0px; height: 10px; font-family: 'times new roman'; font-size: 10pt;"&gt;
&lt;tbody&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="width: 2.08504%; height: 10px;"&gt;(i)&lt;/td&gt;
&lt;td style="width: 97.915%; height: 10px;"&gt;
&lt;p style="margin: 0px; break-after: avoid; break-inside: avoid; text-align: justify; text-indent: 0px;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt; For further information see Note &lt;span style="border-left: none; border-right: none;"&gt;3&lt;/span&gt;.c.&lt;span style="border-left: none; border-right: none;"&gt;3&lt;/span&gt;.&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
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&lt;/table&gt;
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      unitRef="BRL">1406265000</ifrs-full:NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts>
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      contextRef="D20211231_BR"
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      id="Tag5691"
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      contextRef="D20211231_UnitedStatesOfAmericaAndCanadaMember"
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      id="Tag6450"
      unitRef="BRL">35279000</ifrs-full:Revenue>
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      unitRef="BRL">16906000</ifrs-full:Revenue>
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      unitRef="BRL">18876000</ifrs-full:Revenue>
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&lt;div style="border-right: none; border-left: none;"&gt;
&lt;div&gt;
&lt;p style="margin: 0pt 0pt 0pt; font-weight: bold;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&lt;span&gt;33&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;. &lt;/span&gt;&lt;span style="font-weight: bold;"&gt;Risks and &lt;/span&gt;&lt;span style="font-weight: bold;"&gt;f&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;inancial &lt;/span&gt;&lt;span style="font-weight: bold;"&gt;i&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;nstruments&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;a. &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;Risk &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;m&lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;anagement and &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;f&lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;inancial &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;i&lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;nstruments &#x2013; &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;g&lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;overnance&#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;The main risks to which the Company and its subsidiaries are exposed reflect strategic/operational and economic/financial aspects. Operational/strategic risks (including, but not limited to, demand behavior, competition, technological innovation, and material changes in the industry structure) are addressed by the Company&#x2019;s management model. Economic/financial risks primarily reflect default of customers, behavior of macroeconomic variables, such as exchange and interest rates, as well as the characteristics of the financial instruments used by the Company and its subsidiaries and their counterparties. These risks are managed through control policies, specific strategies, and the establishment of limits.&#160;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;The Company has a policy for the management of resources, financial instruments, and risks approved by its Company&#x2019;s Board of Directors (&#x201c;Policy&#x201d;). In accordance with the Policy, the main objectives of financial management are to preserve the value and liquidity of financial assets and ensure financial resources for the development of the business, including expansions. The main financial risks considered in the Policy are market risks (currencies, interest rates and commodities), liquidity and credit. The governance of the management of financial risks follows the segregation of duties below:&#160; &#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;The execution of the Policy has done by corporate financial board, through its treasury department, with the assistance of the accounting, legal and tax departments.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;The monitoring of compliance of the Policy and possible issues is the responsibility of the Risk and Investment Committee, (&#x201c;Committee&#x201d;), which is composed of CFO, Treasury Director, Controller and other directors designated by the CFO and which meet quarterly. The monthly monitoring of Policy standards is responsibility of the CFO.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;Approval of the Policy and the periodic assessment of Company exposure to financial risks are subject to the approval of the Company&#x2019;s Board of Directors of Ultrapar.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;The Audit and Risks Committee advises the Company&#x2019;s Board of Directors in the assessment of controls, management and exposure of financial risks and revision of Policy. The Risk, Compliance and Audit board monitors of standards compliance of the Policy and reports to the Audit and Risks Committee the risks exposure and compliance or noncompliance of the Policy.&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;b. &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;Currency &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;r&lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;isk&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;Most transactions of the Company, through its subsidiaries, are located in Brazil and therefore, the reference currency for risk management is the Brazilian Real. Currency risk management is guided by neutrality of currency exposures and considers the risks of the Company and its subsidiaries and their exposure to changes in exchange rates. The Company considers as its main currency exposures the changes in assets and liabilities in foreign currency.&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The Company and its subsidiaries use exchange rate hedging instruments (especially between the Brazilian Real and the U.S. dollar) available in the financial market to protect their assets, liabilities, receipts, and disbursements in foreign currency and net investments in foreign operations. Hedge is used in order to reduce the effects of changes in exchange rates on the Company&#xb4;s income and cash flows in Brazilian Reais within the exposure limits under its Policy. Such foreign exchange hedging instruments have amounts, periods, and rates substantially equivalent to those of assets, liabilities, receipts, and disbursements in foreign currencies to which they are related. &lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;Assets and liabilities in foreign currencies are stated below, translated into Brazilian Reais:&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span&gt;b.1 &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;Assets and &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;l&lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;iabilities in &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;f&lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;oreign &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;c&lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;urrencies&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-right: none; border-left: none;"&gt;

&lt;table cellpadding="0" style="height: 275px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Assets in foreign currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 73%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Cash, cash equivalents and financial investments in foreign currency (except hedging instruments) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 10px; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 122,242 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; width: 1%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; width: 1%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 10px; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,413,276 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; width: 1%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Foreign trade receivables, net of loss allowance for expected credit losses and advances to foreign customers &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,324 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 307,829 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Other assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 186,548 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,767,626 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Asset exposure from subsidiaries held for sale &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,839,194 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 4,149,308 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,488,731 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Liabilities in foreign currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Financing in foreign currency, gross of transaction costs and discount &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (8,860,833&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (9,246,707&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payables arising from imports, net of advances to foreign suppliers &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (649,107&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (633,013&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Liabilities exposure from subsidiaries held for sale &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (884,402 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; border-top: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (10,394,342&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; border-top: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (9,879,720&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Foreign currency hedging instruments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,933,572 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 4,837,554 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Foreign currency hedging instruments from subsidiaries held for sale &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,786,471 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Net liability position &#x2013; total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (1,524,991 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (1,553,435 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Net (liability) asset position &#x2013; income statement effect &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (498,604 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 186,306 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Net liability position &#x2013; equity effect from subsidiaries held for sale &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (1,026,387 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (1,739,741 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;


&lt;/div&gt;
&lt;div style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span&gt;b.2 &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;Sensitivity &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;a&lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;nalysis of &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;a&lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;ssets and &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;l&lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;iabilities in &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;f&lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;oreign &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;c&lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;urrency&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span&gt;For the base scenario, future market curves as of December 31, &lt;span style="border-left: none; border-right: none;"&gt;2021&lt;/span&gt; were used applied on the net position of the Company exposed to the currency risk, simulating the effects of appreciation and devaluation of the Real in the income statement, impacted by the average U.S. dollar of R$ 5.6514 on December 31,2021.&#160;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;div style="border-left: none; border-right: none;"&gt;
&lt;div id="Normadiv517" style="font-family: 'times new roman', times; font-size: 10pt;"&gt;
&lt;div&gt;
&lt;div&gt;
&lt;div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The table below shows the effects of exchange rate changes on the net liability position of R$ 1,524,991 in foreign currency as of December 3&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;, &lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;span style="border-left: none; border-right: none;"&gt;2&lt;/span&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;:&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 65.5279%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 21.3251%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Risk &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 11.9048%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Scenario &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.0352%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 65.5279%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 21.3251%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 11.9048%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Base &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.0352%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 65.5279%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Income statement effect &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 21.3251%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Real devaluation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.9048%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (25,230 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0352%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 65.5279%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 21.3251%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net effect &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9048%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (25,230 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.0352%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 65.5279%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Income statement effect &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 21.3251%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Real appreciation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.9048%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 25,230 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0352%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 65.5279%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 21.3251%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net effect &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9048%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 25,230 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.0352%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;c. &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;Interest &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;r&lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;ate &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;r&lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;isk&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The Company and its subsidiaries adopt policies for borrowing and investing financial resources and for capital cost minimization. The financial investments of the Company and its subsidiaries are primarily held in transactions linked to the DI, as set forth in Note &lt;span style="border-left: none; border-right: none;"&gt;5&lt;/span&gt;. Borrowings primarily relate to financing from Banco do Brasil, as well as debentures and borrowings in foreign currency, as shown in Note &lt;span style="border-left: none; border-right: none;"&gt;17&lt;/span&gt;.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The Company attempts to maintain most of its financial interest assets and liabilities at floating rates.&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span&gt;c.1 Assets and liabilities exposed to floating interest rates&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;div style="border-right: none; border-left: none;"&gt;
&lt;div id="Normadiv518" style="font-family: 'times new roman', times; font-size: 10pt;"&gt;
&lt;div&gt;
&lt;div&gt;
&lt;div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The financial assets and liabilities exposed to floating interest rates are demonstrated below:&#160;&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;table cellpadding="0" style="height: 265px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Note &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 68%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Cash equivalents &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 5%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 5.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,943,164 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,241,852 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Financial investments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 5.b &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,607,608 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,749,852 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Loans and debentures &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 17.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (4,855,517 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (6,947,362 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Liability position of foreign exchange hedging instruments &#x2013; DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 33.g &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (2,283,625 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (2,124,146 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Liability position of fixed interest instruments + IPCA &#x2013; DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 33.g &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (2,364,583 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (2,203,705 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Net liability position in DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (5,952,953 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (5,283,509 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; TJLP &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Loans &#x2013; TJLP &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 17.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (326 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (29,803 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Net liability position in TJLP &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (326 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (29,803 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span&gt; LIBOR &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span&gt; Asset position of foreign exchange hedging instruments &#x2013; LIBOR &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 33.g &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 279,047 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 260,958 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span&gt; Loans &#x2013; LIBOR &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 17.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (275,936 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (573,484 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span&gt; Net liability position in LIBOR &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,111 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (312,526 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Total net liability position exposed to floating interest &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (5,950,168 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (5,625,838 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;c.&lt;/span&gt;&lt;span&gt;2&lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt; &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;Sensitivity &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;a&lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;nalysis of &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;f&lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;loating &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;i&lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;nterest &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;r&lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;ate &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;r&lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;isk&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;For sensitivity analysis of floating interest rate risk, in December 31, 2021 the Company used the market curves of the reference indexes (DI, TJLP, &lt;span style="border-left: none; border-right: none;"&gt;LIBOR&lt;/span&gt; and SELIC) as a base scenario. &lt;/span&gt;&lt;/p&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;div id="Normadiv519" style="font-family: 'times new roman', times; font-size: 10pt;"&gt;

&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The tables below show the incremental expenses and income that would be recognized in finance income, if the market curves of floating interest at the base date were applied to the average balances of the current year, due to the effect of floating interest rate.&#160;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;table cellpadding="0" style="height: 214px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 67.6885%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 18.227%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 11.9304%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 0.9942%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 1.07705%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 67.6885%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 18.227%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Risk &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9304%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Scenario &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.07705%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 67.6885%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 18.227%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9304%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Base &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.07705%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 67.6885%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; text-decoration: underline;"&gt; Exposure of interest rate risk &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 18.227%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9304%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.9942%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.07705%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 67.6885%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Interest effect on cash equivalents and financial &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 18.227%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Increase in DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9304%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 153,160 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.9942%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.07705%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 67.6885%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Interest effect on debt in DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 18.227%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Increase in DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9304%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (360,652 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.9942%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.07705%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 67.6885%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Interest rate hedging instruments (liabilities in DI) effect &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 18.227%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Increase in DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9304%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (221,157 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.07705%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 67.6885%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Incremental expenses &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 18.227%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9304%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (428,649 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.9942%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.07705%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 67.6885%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Interest effect on debt in TJLP &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 18.227%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Increase in TJLP &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9304%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (7 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.07705%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 67.6885%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Incremental expenses &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 18.227%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9304%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (7 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.9942%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.07705%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 67.6885%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span&gt; Foreign exchange hedging instruments (assets in LIBOR) effect &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 18.227%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; Increase in LIBOR &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9304%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 11 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.07705%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 67.6885%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span&gt; Interest effect on debt in LIBOR &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 18.227%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; Increase in LIBOR &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9304%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (94 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.9942%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.07705%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 67.6885%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Incremental expenses &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 18.227%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9304%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (83 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.07705%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;d. &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;Credit &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;r&lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;isks&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The financial instruments that would expose the Company and its subsidiaries to credit risks of the counterparty are basically represented by cash and bank deposits, financial investments, hedging instruments (see Note &lt;span style="border-left: none; border-right: none;"&gt;5&lt;/span&gt;), and trade receivables (see Note &lt;span style="border-left: none; border-right: none;"&gt;6&lt;/span&gt;).&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span&gt;d.1 &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;Credit risk of financial institutions &lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;Such risk results from the inability of financial institutions to comply with their financial obligations to the Company and its subsidiaries due to insolvency. The Company and its subsidiaries regularly conduct a credit review of the institutions with which they hold cash and cash equivalents, financial investments, and hedging instruments through various methodologies that assess liquidity, solvency, leverage, portfolio quality, etc. Cash and cash equivalents, financial investments, and hedging instruments are held only with institutions with a solid credit history, chosen for safety and soundness. The volume of cash and cash equivalents, financial investments, and hedging instruments are subject to maximum limits by each institution and, therefore, require diversification of counterparties.&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span&gt;d.2 &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Government credit risk&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The Company's policy allows investments in government securities from countries classified as investment grade AAA or &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;a&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;aa&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; by specialized credit rating agencies&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (S&amp;amp;P, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Moody&#x2019;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and Fitch)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and in Brazilian government bonds. The volume of such financial investments is subject to maximum limits by each country and, therefore, requires diversification of counterparties.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;div style="border-right: none; border-left: none;"&gt;
&lt;div id="Normadiv521" style="font-family: 'times new roman', times; font-size: 10pt;"&gt;
&lt;div&gt;
&lt;div&gt;
&lt;div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The credit risk of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;financial institution and government of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;cash, cash equivalents and financial investments is summarized below:&#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;table cellpadding="0" style="height: 102px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 71.5021%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.23457%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="4" style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 26.1318%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Fair value &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; border-bottom: 1pt solid #000000; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 71.5021%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Counterparty credit rating &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.23457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; width: 1.23457%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.02881%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 71.5021%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; AAA &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.23457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,606,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.23457%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 8,190,428 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 71.5021%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; AA &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.23457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 740,879 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.23457%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 317,894 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 71.5021%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; A &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.23457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 116,594 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.23457%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 163,838 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 71.5021%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.23457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 4,463,473 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.23457%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 8,672,160 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span&gt;d.3 &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;Customer credit risk&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The credit policy establishes the analysis of the profile of each new customer, individually, regarding their financial condition. The review carried out by the subsidiaries of the Company includes the evaluation of external ratings, when available, financial statements, credit bureau information, industry information and, when necessary, bank references. Credit limits are established for each customer and reviewed periodically, in a shorter period the greater the risk, depending on the approval of the responsible area in cases of sales that exceed these limits.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;In monitoring credit risk, customers are grouped according to their credit characteristics and depending on the business the grouping takes into account, for example, whether they are natural or legal clients, whether they are wholesalers, resellers or final customers, considering also the geographic area.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The expected of credit losses are calculated by the expected loss approach based on the probability of default rates. Loss rates are calculated on the basis of the average probability of a receivable amount to advance through successive stages of default until full write-off. The probability of default calculation takes into account a credit risk score for each exposure, based on data considered to be capable of foreseeing the risk of loss (external classifications, audited financial statements, cash flow projections, customer information available in the press, for example), with addition of the credit assessment based on experience.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span&gt;Such credit risks are managed by each business unit through specific criteria for acceptance of customers and their credit rating and are additionally mitigated by the diversification of sales. No single customer or group accounts for more than 10% of total revenue.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;The subsidiaries of the Company request guarantees related to trade receivables and other receivables in specific situations to customers, but these guarantees don&#x2019;t influence in the calculation of risk of loss. &lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;div style="border-right: none; border-left: none;"&gt;
&lt;div id="Normadiv522" style="font-family: 'times new roman', times; font-size: 10pt;"&gt;
&lt;div&gt;
&lt;div&gt;
&lt;div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The subsidiaries of the Company maintained the following loss allowance for expected credit losses balances on trade receivables:&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;table cellpadding="0" style="height: 119px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.02881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.13169%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.02881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Ipiranga &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 422,542 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.13169%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 447,389 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Ultragaz &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 135,565 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.02881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.13169%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 113,621 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.02881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Oxiteno (*) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.13169%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 16,430 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Extrafarma (*) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.02881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.13169%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 73 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.02881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Ultracargo &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,526 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.13169%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,594 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 559,633 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.02881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.13169%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 579,107 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 1.02881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;div id="Normadiv523" style="font-family: 'times new roman', times; font-size: 10pt;"&gt;
&lt;div&gt;
&lt;div&gt;
&lt;div&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;(*) On December 31, 2021 the balances were reclassified to assets of subsidiaries held for sale.&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;

&lt;p style="font-size: 11pt; line-height: 115%; margin: 2pt 0pt 10pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;div style="border-right: none; border-left: none;"&gt;
&lt;div id="Normadiv524" style="font-family: 'times new roman', times; font-size: 10pt;"&gt;
&lt;div&gt;
&lt;div&gt;
&lt;div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The table below presents information about credit risk exposure, resulting from the additions of the balances of trade receivables and reseller financing:&#160;&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;table cellpadding="0" style="height: 132px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 28.9147%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="7" style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 33.9686%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; border-bottom: 1pt solid #000000; height: 17px; width: 0.9942%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 0.9942%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="7" style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 33.9686%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; border-bottom: 1pt solid #000000; width: 1.07705%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 28.9147%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 10.0249%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Weighted average rate of losses &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 0.9942%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 0.9942%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 10.0249%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Accounting balance &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 0.9942%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; width: 0.9942%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 9.942%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Provision for losses &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 0.9942%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 0.9942%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 10.0249%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Weighted average rate of losses &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 0.9942%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 0.9942%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 10.0249%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Accounting balance &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 0.9942%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; width: 0.9942%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 9.942%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Provision for losses &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 1.07705%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; text-align: left; width: 28.9147%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: left;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 0.6% &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,901,536 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 23,476 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1.2% &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,751,067 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 44,091 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.07705%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; text-align: left; width: 28.9147%;"&gt;
&lt;p style="margin: 0pt; text-align: left;"&gt;&lt;span&gt; less than 30 days &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 7.3% &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.9942%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 109,284 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.942%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 8,005 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2.2% &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.9942%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 134,836 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.9942%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.942%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,939 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.07705%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; text-align: left; width: 28.9147%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: left;"&gt;&lt;span&gt; 31-60 days &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 20.4% &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 57,545 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 11,746 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 8.2% &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 43,207 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,563 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.07705%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; text-align: left; width: 28.9147%;"&gt;
&lt;p style="margin: 0pt; text-align: left;"&gt;&lt;span&gt; 61-90 days &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 23.0% &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.9942%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 39,177 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.942%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 9,016 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 10.9% &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.9942%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 42,589 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.9942%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.942%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 4,630 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.07705%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; text-align: left; width: 28.9147%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: left;"&gt;&lt;span&gt; 91-180 days &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 10.0249%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 49.1% &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 10.0249%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 50,588 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 24,818 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 10.0249%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 36.8% &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 10.0249%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 76,158 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 28,062 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.07705%; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; text-align: left; width: 28.9147%;"&gt;
&lt;p style="margin: 0pt; text-align: left;"&gt;&lt;span&gt; more than 180 days &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 10.0249%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 57.5% &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.9942%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 10.0249%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 838,532 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.942%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 482,572 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 10.0249%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 55.7% &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.9942%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 10.0249%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 890,756 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.9942%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.942%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 495,822 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.07705%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 28.9147%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 10.0249%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 4,996,662 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 9.942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 559,633 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 10.0249%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 4,938,613 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 9.942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 579,107 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 1.07705%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;div id="Normadiv525" style="font-family: 'times new roman', times; font-size: 10pt;"&gt;
&lt;div&gt;
&lt;div&gt;
&lt;div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The information about &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;loss allowance for expected credit losses&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; balances by geographic area are as follows:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;table cellpadding="0" style="height: 120px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.33745%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.02881%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.02881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 559,532 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.33745%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 568,461 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; United States of America and Canada &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.33745%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,146 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.02881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Other Latin America countries &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 15 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.33745%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 271 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Europe &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 66 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.33745%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 9,120 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.02881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Others &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 17 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.33745%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 109 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 559,633 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.33745%; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.02881%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 579,107 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.02881%; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;For &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;more&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; information about the allowance for &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;loss allowance for expected credit losses&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, see Notes&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span&gt;6&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.a and &lt;/span&gt;&lt;span&gt;6&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.b.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;/div&gt;
&lt;div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span&gt;d.4 Price risk&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The Company and its subsidiaries are exposed to commodity price risk, due the fluctuation in prices for diesel and gasoline, among others. These products are traded on the stock exchange and are subjected to the impacts of macroeconomic and geopolitical factors outside the control of the Company and its subsidiaries.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;To mitigate the risk of the fluctuation of diesel and gasoline prices, the Company and its subsidiaries permanently monitor the market, seeking to protection of price movements through hedge transactions for cargo purchased in the international market, used contracts of derivative for heating oil (diesel) and RBOB (gasoline) traded on the stock exchange.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;div id="Normadiv526" style="font-family: 'times new roman', times; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The table below shows the positions of derivative financial instruments to hedge commodity price risk at December 3&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;, &lt;span style="border-left: none; border-right: none;"&gt;202&lt;/span&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;:&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;div style="border-left: none; border-right: none;"&gt;
&lt;table cellpadding="0" style="height: 71px; border-collapse: collapse; margin: 0px 0px 0px 0.1px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 8.26245%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Derivative &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.45808%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="5" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 23.6938%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Contract &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; width: 1.57959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 19.4411%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 8pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;Notional amount (m &lt;span style="font-size: 7pt;"&gt;&lt;sup&gt;3&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;)&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; width: 1.21507%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; width: 1.57959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 19.4411%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Notional amount (USD thousands) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; width: 1.09356%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; width: 1.57959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 19.5626%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Fair value (R$ thousands) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 1.09356%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 8.26245%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.45808%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.68287%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Position &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.45808%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.68287%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Product &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.45808%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.41191%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Maturity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.57959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 8.38396%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.09356%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.57959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 8.38396%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.21507%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.57959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 8.38396%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.09356%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.57959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 8.38396%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.09356%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.57959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 8.50547%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.09356%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.45808%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 8.50547%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.09356%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 8.26245%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Term &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.45808%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 6.68287%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Sold &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.45808%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 6.68287%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Heating Oil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.45808%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.41191%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; jan-22 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.57959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 8.38396%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 167,255 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.09356%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.57959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 8.38396%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 108,429 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.21507%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.57959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 8.38396%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 103,148 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.09356%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.57959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 8.38396%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 42,399 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.09356%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.57959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 8.50547%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 2,269 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.09356%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.45808%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 8.50547%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (563 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.09356%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 8.26245%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Term &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.45808%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.68287%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Sold &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.45808%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.68287%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; RBOB &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.45808%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.41191%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; jan-22 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.57959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.38396%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 29,413 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.09356%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.38396%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21507%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.38396%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 17,112 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.09356%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.38396%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.09356%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.50547%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (967 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.09356%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45808%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.50547%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.09356%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.26245%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45808%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.68287%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45808%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.68287%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45808%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.41191%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; padding: 0px; background-color: #cceeff; width: 8.38396%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 17px; background-color: #cceeff; width: 1.09356%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; padding: 0px; background-color: #cceeff; width: 8.38396%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 17px; background-color: #cceeff; width: 1.21507%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; padding: 0px; background-color: #cceeff; width: 8.38396%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 17px; background-color: #cceeff; width: 1.09356%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; padding: 0px; background-color: #cceeff; width: 8.38396%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 17px; background-color: #cceeff; width: 1.09356%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; width: 8.50547%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 1,302 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.09356%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45808%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; width: 8.50547%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (563 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.09356%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;/div&gt;


&lt;/div&gt;
&lt;div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;e. &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;Liquidity &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;r&lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;isk&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The Company and its subsidiaries&#x2019; main sources of liquidity derive from (i)&#160;cash, cash equivalents, and financial investments, (ii)&#160;cash generated from operations and (iii)&#160;financing. The Company and its subsidiaries believe that these sources are sufficient to satisfy their current funding requirements, which include, but are not limited to, working capital, capital expenditures, amortization of debt, and payment of dividends.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The Company and its subsidiaries periodically examine opportunities for acquisitions and investments. They consider different types of investments, either directly, through joint ventures, or through associated companies, and finance such investments using cash generated from operations, debt financing, through capital increases, or through a combination of these methods.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span&gt;The Company and its subsidiaries believe to have sufficient working capital, sources of financing and income from continuing operation to meet their current needs. The gross indebtedness due over the next &lt;span style="border-left: none; border-right: none;"&gt;twelve&lt;/span&gt; months totals R$ 3,605,377, including estimated interest on loans (for quantitative information, see Note &lt;span style="border-left: none; border-right: none;"&gt;17&lt;/span&gt;.a). Furthermore, the business investments made in &lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;span style="border-left: none; border-right: none;"&gt;2&lt;/span&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt; totaled R$ 1,883,839. On December 3&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;, &lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;span style="border-left: none; border-right: none;"&gt;2&lt;/span&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;, the Company and its subsidiaries had R$ 4,084,196 in cash, cash equivalents, and short-term financial investments (for quantitative information, see Note &lt;span style="border-left: none; border-right: none;"&gt;5&lt;/span&gt;).&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;div style="border-right: none; border-left: none;"&gt;
&lt;div id="Normadiv527" style="font-family: 'times new roman', times; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The table below presents a summary of financial liabilities as of December 3&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;, &lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;span style="border-left: none; border-right: none;"&gt;2&lt;/span&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt; by the Company and its subsidiaries, listed by maturity. The amounts disclosed in this table are the contractual undiscounted cash outflows, and, therefore, these amounts &#x200b;&#x200b;may be different from the amounts disclosed on the balance sheet.&#160;&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;table cellpadding="0" style="height: 50px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Financial liabilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Less than &lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt; year &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; Between 1 and 3 years &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; Between 3 and 5 years &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; More than 5 years &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 31%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;Loans including future contractual interest &lt;span style="font-size: 9pt;"&gt;&lt;sup&gt;(1) (2)&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 19,825,386 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,605,377 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 5,081,235 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 4,237,708 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 6,901,066 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;Currency and interest rate hedging instruments&lt;span style="font-size: 9pt;"&gt;&lt;sup&gt; (3)&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 747,861 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 214,846 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 272,208 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 169,274 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 91,533 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Trade payables &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 5,789,954 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 5,789,954 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Leases payable &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,145,602 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 304,007 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 505,547 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 370,828 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 965,220 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-left: none; border-right: none;"&gt;
&lt;table style="width: 100%; margin: 0px; font-family: 'times new roman'; font-size: 10pt; text-indent: 0px; height: 78px;"&gt;
&lt;tbody&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="width: 1%; text-align: justify; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top; height: 10px;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(&lt;/span&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="width: 99%; text-align: justify; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top; height: 10px;" valign="top"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;To calculate the estimated interest on loans some macroeconomic assumptions were used, including&#160;averaging&#160;for the period&#160;the following:&#160;(i) DI of&#160;11.74%&#160;to&#160;2022&#160;and&#160;10.32%&#160;to&#160;2023;&#160;(ii) exchange rate of the&#160;Real&#160;against the U.S. dollar of&#160;R$&#160;5.75&#160;in&#160;2022, R$&#160;5.45&#160;in&#160;2023, R$&#160;5.10&#160;in&#160;2024&#160;and R$&#160;4.90&#160;as from&#160;2025;&#160;(iii) TJLP of&#160;6.08%;&#160;(iv) IPCA of&#160;5.11% in&#160;2022,&#160;3.32%&#160;in&#160;2023,&#160;3.1% in&#160;2024&#160;and&#160;3.0% as from&#160;2025.&#160;(source:&#160;B3, Bulletin Focus and financial institutions).&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="text-align: justify; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top; height: 17px;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(&lt;/span&gt;&lt;span style="border-left: none; border-right: none;"&gt;2&lt;/span&gt;&lt;span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="text-align: justify; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top; height: 17px;" valign="top"&gt;&#160;Includes estimated interest payments on short-term and long-term loans until the payment date.&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 51px;"&gt;
&lt;td style="text-align: justify; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top; height: 51px;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(&lt;/span&gt;&lt;span style="border-left: none; border-right: none;"&gt;3&lt;/span&gt;&lt;span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="text-align: justify; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top; height: 51px;" valign="top"&gt;The currency and interest rate hedging instruments were estimated based on projected U.S dollar futures contracts and the futures curves&#160;of DI x prefixed rate and&#160;DI&#160;x IPCA&#160;contracts&#160;quoted on&#160;B3&#160;on&#160;December&#160;31,&#160;2021&#160;and on the futures curve of&#160;LIBOR&#160;(ICE&#160;&#x2013;&#160;Intercontinental&#160;Exchange)&#160;and commodities heating oil&#160;contracts quoted on&#160;New York Mercantile Exchange&#160;(&#x201c;NYMEX&#x201d;)&#160;on&#160;December 31,&#160;2021. In the table above, only the hedging instruments with negative results&#160;at the time of settlement were considered.&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;


&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;f. &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;Capital &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;m&lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;anagement&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span&gt;The Company manages its capital structure based on indicators and benchmarks. The key performance indicators related to the capital structure management are the weighted average cost of capital, net debt / EBITDA, interest coverage, and indebtedness / equity ratios. Net debt is composed of cash, cash equivalents, and financial investments (see Note 5) and loans, including debentures (see Note 17). The Company can change its capital structure depending on the economic and financial conditions, in order to optimize its financial leverage and capital management. The Company seeks to improve its return on invested capital by implementing efficient working capital management and a selective investment program.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;g. &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;Selection and &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;u&lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;se of &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;f&lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;inancial &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;i&lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;nstruments&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;In selecting financial investments and hedging instruments, an analysis is conducted to estimate rates of return, risks involved, liquidity, calculation methodology for the carrying value and fair value, and a review is conducted of any documentation applicable to the financial instruments. The financial instruments used to manage the financial resources of the Company and its subsidiaries are intended to preserve value and liquidity.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span&gt;The Policy contemplates the use of derivative financial instruments only to cover identified risks and in amounts consistent with the risk (limited to 100% of the identified risk). The risks identified in the Policy are described in the above sections and are subject to risk management. In accordance with the Policy, the Company and its subsidiaries can use forward contracts, Swaps, options, and futures contracts to manage identified risks. Leveraged derivative instruments are not permitted. Because the use of derivative financial instruments is limited to the coverage of identified risks, the Company and its subsidiaries use the term &#x201c;hedging instruments&#x201d; to refer to derivative financial instruments.&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;div&gt;

&lt;div style="border-right: none; border-left: none;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The table below summarizes the position of hedging instruments entered by the Company and its subsidiaries:&#160;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; text-decoration: underline;"&gt;Designated as hedge accounting&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;table cellpadding="0" style="height: 0px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px; margin-left: 0.1px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 14px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 14px; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Product &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 14px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Hedged object &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="2" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Rates agreement &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Maturity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Note &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 8pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;Notional amount &lt;sup&gt;1&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 14px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Fair value &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 14px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Liabilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; background-color: #cceeff; width: 17%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Foreign exchange swap &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 9%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Debt &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 9%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; USD + 4.65 % &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 9%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 104.87% DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 7%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; sep-23 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 5%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 33.h.1 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 9%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; USD 125,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 9%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; USD 185,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 7%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 212,510 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 7%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 298,889 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Foreign exchange swap &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Debt &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; USD + LIBOR-3M + 1.14% &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 105.00% DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; jun-22 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 33.h.1 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; USD 50,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; USD 50,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 109,332 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 94,782 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 18px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Interest rate swap &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Debt &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 4.59% + IPCA &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 102.00% DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; sep-28 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 33.h.1 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; R$ 2,266,054 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; R$ 806,054 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 166,468 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 203,837 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Interest rate swap &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Debt &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 6.47% &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 99.94% DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; nov-24 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 33.h.1 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; R$ 90,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; R$ 90,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (9,044 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 3,498 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Term&#160;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Firm commitments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; BRL &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Heating Oil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; jan-22 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 33.h.1 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; USD 120,260 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; USD 42,399 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 1,302 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (563 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; NDF &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Firm commitments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; BRL &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; USD &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; jan-22 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 33.h.1 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; USD 68,361 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; USD 23,124 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; padding: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 5,702 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (733 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 486,270 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 599,710 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;div id="Normadiv528" style="font-family: 'times new roman', times; font-size: 10pt;"&gt;
&lt;div&gt;
&lt;div&gt;
&lt;div&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold; text-decoration: underline;"&gt;Not designated as hedge accounting&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;table cellpadding="0" style="height: 0px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px; margin-left: 0.1px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Product &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Hedged object &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="2" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Rates agreement &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Maturity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt;Notional amount &lt;sup&gt;1&lt;/sup&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="4" style="padding-right: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; padding-left: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Fair value &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; padding-left: 0px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Liabilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 17%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Foreign exchange swap &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 10%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Debt &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 10%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; USD + 0.18% &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 10%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 55.5% DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 8%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 9%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 9%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; USD 320,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 8%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 8%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 300,000519,260 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; NDF &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Firm commitments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; USD &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; BRL &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; jun-22 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; USD 625,762 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; USD 378,550 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; padding: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 3,463 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (112,152 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 13px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 13px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Interest rate swap &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 13px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Debt &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2.67% &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 100% DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 13px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; R$ 1,300,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 13px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 13px; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 13px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (5 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 13px; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Interest rate swap&#160;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Debt &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 5.25% &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; DI - 1.36% &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; jun-29 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; USD 300,000&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; padding: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (126,752 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (123,289 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 407,103 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;div id="Normadiv529" style="font-family: 'times new roman', times; font-size: 10pt;"&gt;
&lt;div&gt;
&lt;div&gt;
&lt;div&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;sup&gt;&lt;span&gt;(1) &lt;/span&gt;&lt;/sup&gt;Currency as indicated.&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;All transactions mentioned above were properly registered with CETIP S.A.&#160; &#160;&lt;/span&gt;&lt;/p&gt;

&lt;/div&gt;
&lt;div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;h. &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;Hedge &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;a&lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;ccounting&lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The Company and its subsidiaries use derivative and non-derivative financial instruments for hedging purposes and test, throughout the duration of the hedge, their effectiveness, as well as the changes in their fair value. &lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span&gt;h.1 Fair value hedge&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The Company and its subsidiaries designate as fair value hedges certain financial instruments used to offset the variations in interest and exchange rates, which are based on the market value of financing contracted in Brazilian Reais and U.S. dollars.&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;div style="border-right: none; border-left: none;"&gt;
&lt;div id="Normadiv530" style="font-family: 'times new roman', times; font-size: 10pt;"&gt;
&lt;div&gt;
&lt;div&gt;
&lt;div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The foreign exchange hedging instruments designated as fair value hedge are:&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;table cellpadding="0" style="height: 102px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; In thousands, except the DI % &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 73%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Notional amount &#x2013; US$ &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 175,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 235,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Result of hedging instruments &#x2013; gain/(loss) &#x2013; R$ &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 21,812 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 574,378 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Fair value adjustment of debt &#x2013; R$ &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 47,064 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (13,131 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Finance expense in the statements of profit or loss &#x2013; R$ &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (105,059 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (597,735 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Average effective cost &#x2013; DI % &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 104.9 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 104.1 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span&gt;For more information, see Note 17.c.1.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The interest rate hedging instruments designated as fair value hedge are:&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;table cellpadding="0" style="height: 102px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; In thousands, except the DI % &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 73%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Notional amount &#x2013; US$ &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,226,054 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 806,054 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Result of hedging instruments &#x2013; gain/(loss) &#x2013; R$&#160;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (17,922 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 67,446 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Fair value adjustment of debt &#x2013; R$ &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 166,374 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (18,446 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Finance expense in the statements of profit or loss &#x2013; R$ &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (245,710 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (99,555 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Average effective cost &#x2013; DI % &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 102.0 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 95.8 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;div id="Normadiv531" style="font-family: 'times new roman', times; font-size: 10pt;"&gt;
&lt;div&gt;
&lt;div&gt;
&lt;div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span&gt;For more information, see Notes 17.f.2, 17.f.4, 17.f.6, 17.f.8, 17.f.9 and f.10.&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;table cellpadding="0" style="height: 102px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; In thousands, except the DI % &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 73%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Notional amount &#x2013; US$ &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 90,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 90,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Result of hedging instruments &#x2013; gain/(loss) &#x2013; R$ &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (10,088 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 6,528 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Fair value adjustment of debt &#x2013; R$ &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 11,756 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,250 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Finance expense in the statements of profit or loss &#x2013; R$ &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (5,914 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (8,968 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Average effective cost &#x2013; DI % &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 99.9 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 99.9 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;For more information, see Note &lt;/span&gt;&lt;span&gt;17&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;f&lt;/span&gt;&lt;span&gt;.7.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;div style="border-left: none; border-right: none;"&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The foreign exchange hedging instruments and commodities designated as fair value hedge are as described below&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and are concentrated in subsidiary IPP&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. The purpose of this relationship is to transform the cost of the imported product from fixed to variable until the moment of blend the fuel, as occurs with the price practiced in its sales. The I&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;PP&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; realizes these operations with over-the-counter derivatives that are designated in a hedge accou&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;n&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ting relationship, as a fair value hedge in an amount equivalent to the inventories of imported product.&#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;table cellpadding="0" style="height: 54px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80.0001%; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; In thousands &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 73%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Notional amount &#x2013; US$ &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 188,621 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 65,523 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Result of hedging instruments &#x2013; gain/(loss) &#x2013; R$ &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (129,670 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (87,448 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Fair value adjustment of inventories &#x2013; R$ &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (4,352 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 18,468 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span&gt;h.2 Cash flow hedge&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The Company and its subsidiaries designate, as cash flow hedge&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; for protection against variations arising from exchange rate changes&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, derivative financial instruments to &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;hedge&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; firm commitments and non-derivative financial instruments to &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;hedge&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; highly probable future transactions.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;On &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;2&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the notional amount of foreign exchange hedging instruments for highly probable future transactions designated as &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;cash flow&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; hedge&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, related to&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;notes in the foreign market &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;totaled US$ &lt;/span&gt;&lt;span&gt;386,787&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (US$ &lt;/span&gt;&lt;span&gt;468,215&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; on December 31, 20&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;On &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;2&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;unrealized &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;gain&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; of&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#x201c;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Other comprehensive income&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#x201d;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;is&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; R&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;$&#160;&lt;/span&gt;&lt;span&gt;7,880&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;loss of R$ &lt;/span&gt;&lt;span&gt;315,403&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; on December 31, 20&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, net of deferred &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;IRPJ and CSLL&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; The impacts and balances of cash flow hedge are reco&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;gnized at &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Oxiteno&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, a group company that was reclassified as held for sale and discontinued operations.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span&gt;h.3 Net investment hedge in foreign entities&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The Company and its subsidiaries designate, as net investment&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; hedge &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in foreign entities, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;notes in the foreign market&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;for hedging net investment in foreign entities,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;to offset &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;changes&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; in exchange rates.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;On &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;2&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; the balance of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;foreign &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;exchange hedging instruments designated as net investments &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;hedge &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in foreign entities, related to &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;part of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the investments made in entities &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;which&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; functional currency &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;is &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;other than the Brazilian Real, totaled US$ &lt;/span&gt;&lt;span&gt;95,000&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (US$ &lt;/span&gt;&lt;span&gt;95,000&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; on December 31, 20&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;being recognized a loss in &#x201c;Other comprehensive income&#x201d; of R$&lt;/span&gt;&lt;span&gt; 24,064&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; on &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;span style="border-left: none; border-right: none;"&gt;2021&lt;/span&gt; (loss of R$&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span&gt;73,108 on December 31, 2020), net of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;deferred income and social contribution taxes&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. The effects of exchange variation on investments and notes in the foreign market were offset in shareholders' equity.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; color: #212121; font-family: 'Times New Roman';"&gt;The impacts and balances of&lt;span&gt;&#160;&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; color: #212121; font-family: 'Times New Roman';"&gt;net investments hedge in foreign&lt;span&gt;&#160;&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; color: #212121; font-family: 'Times New Roman';"&gt;are recognized at&lt;span&gt;&#160;&lt;/span&gt;Oxiteno, a group company that was reclassified as held for sale and discontinued operations&lt;/span&gt;&lt;br/&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="font-size: 11pt; line-height: 115%; margin: 2pt 0pt 10pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;i. Gains (losses) on &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;h&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;edging &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;i&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;nstruments&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;The following tables summarize the value of gains (losses) recognized, which affected the equity of the Company and its subsidiaries:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;table cellpadding="0" style="height: 112px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="4" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 26.1317%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Profit (loss)&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.13169%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Equity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 72.7366%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; a &#x2013; Currency swaps&#160;receivable in U.S. dollars (i) and (ii) and commodities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9342%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (205,680 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.02881%; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13169%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12.037%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.02881%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; b &#x2013; Interest rate swaps in R$ (iii) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (101,488 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.02881%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.13169%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; c &#x2013; Non-derivative financial instruments (iv) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9342%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 21,547 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.02881%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.13169%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (753,655 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.02881%; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (285,621 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.02881%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.13169%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (753,655 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.02881%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;table cellpadding="0" style="height: 92px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="4" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 26.1317%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Profit (loss)&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.13169%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Equity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 72.7366%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; a &#x2013; Currency swaps&#160;receivable in U.S. dollars (i) and (ii) and commodities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9342%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 497,210 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.02881%; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13169%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12.037%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.02881%; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; b &#x2013; Currency swaps&#160;payable in U.S. dollars (ii) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (330,999 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.02881%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13169%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 80 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; c &#x2013; Interest rate swaps in R$ (iii) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 58,131 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.13169%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; d &#x2013; Non-derivative financial instruments (iv) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (919,219 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.02881%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13169%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (737,471 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.02881%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; background-color: #cceeff; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (694,877 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.02881%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.13169%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (737,391 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.02881%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;table cellpadding="0" style="height: 112px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="4" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 26.1317%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Profit or loss &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.13169%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Equity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 72.7366%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; a &#x2013; Currency swaps&#160;receivable in U.S. dollars (i) and (ii) and commodities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9342%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 230,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.02881%; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13169%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12.037%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.02881%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; b &#x2013; Currency swaps&#160;payable in U.S. dollars (ii) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (1,667 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.13169%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (80 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; c &#x2013; Interest rate swaps in R$ (iii) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (4,035 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.13169%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; d &#x2013; Non-derivative financial instruments (iv) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (262,098 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.13169%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (348,959 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (37,800 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.13169%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (349,039 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-left: none; border-right: none;"&gt;
&lt;table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;"&gt;
&lt;tbody&gt;
&lt;tr&gt;
&lt;td style="width: 1%; vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(i)&lt;/span&gt;&lt;/td&gt;
&lt;td style="width: 98%; vertical-align: top;" valign="top"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;D&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;oes not consider the effect of exchange rate variation of exchange&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;S&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;waps receivable in U&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;S&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;dollars when this effect is offset in the gain or loss of the hedged item (debt&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;/&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;firm commitments&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td style="vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(ii)&lt;/span&gt;&lt;/td&gt;
&lt;td style="vertical-align: top;" valign="top"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;Considers the designation effect of foreign exchange hedging&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td style="vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(iii)&lt;/span&gt;&lt;/td&gt;
&lt;td style="vertical-align: top;" valign="top"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;C&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;onsiders&#160;the designation effect of interest rate hedging in Brazilian&#160;Reais&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;; and&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td style="vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(iv)&lt;/span&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top;" valign="top"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;Considers the&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;results&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;of notes in&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;foreign market&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;(for&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;more&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;information see Note&#160;&lt;/span&gt;&lt;span&gt;17&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.b).&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;

&lt;div style="border-right: none; border-left: none;"&gt;

&lt;/div&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;j. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Fair &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;v&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;alue of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;f&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;inancial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;i&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;nstruments&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;div style="border-right: none; border-left: none;"&gt;
&lt;div id="Normadiv534" style="font-family: 'times new roman', times; font-size: 10pt;"&gt;
&lt;div&gt;
&lt;div&gt;
&lt;div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The fair values and the carrying values of the financial instruments, including currency and interest rate hedging instruments, are&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;stated below:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;table cellpadding="0" style="height: 306px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="4" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="4" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 20px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Category &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Note &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Carrying value &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Fair value &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Carrying value &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Fair value &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 30%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Financial assets: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 26%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Cash and cash equivalents &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Cash and bank &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at amortized cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt;5.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 334,547 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 334,547 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 405,081 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 405,081 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Financial investments in local currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through other comprehensive income &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt;5.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,943,164 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,943,164 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,241,852 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,241,852 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Financial investments in foreign currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through profit or loss &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt;5.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,363 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,363 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 14,561 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 14,561 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Financial investments: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Fixed-income securities and funds in local currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through profit or loss &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt;5.b &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,607,608 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,607,608 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,643,286 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,643,286 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Fixed-income securities and funds in local currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through other comprehensive income &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt;5.b &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 31,315 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 31,315 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Fixed-income securities (guarantee of loans) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at amortized cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt;5.b &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 75,251 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 75,251 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Fixed-income securities and funds in foreign currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through other comprehensive income &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt;5.b &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 103,239 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 103,239 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,278,940 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,278,940 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Currency and interest rate hedging and commodities instruments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through profit or loss &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt;5.b &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 472,552 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 472,552 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 981,874 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 981,874 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Trade Receivables &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at amortized cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt;6.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,438,995 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,367,012 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,391,122 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,369,766 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Reseller Financing &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at amortized cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt;6.b &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 998,034 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 992,359 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 968,384 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 965,645 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 8,900,502 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 8,822,844 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 13,031,666 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 13,007,571 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Financial liabilities: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Financing &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through profit or loss &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 17.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,011,374 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,011,374 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,308,928 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,308,928 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Financing &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at amortized cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 17.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 8,082,323 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 8,380,088 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 9,406,013 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 10,186,947 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Debentures &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at amortized cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 17.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 4,599,525 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 4,529,439 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 5,450,751 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 5,363,621 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Debentures &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through profit or loss &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 17.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,487,244 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,487,244 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,093,365 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,093,365 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Leases payable &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at amortized cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 14 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,348,311 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,348,311 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,833,288 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,833,288 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Commodities, currency and interest rate hedging instruments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through profit or loss &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 17.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 197,177 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 197,177 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 117,159 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 117,159 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Trade payables &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at amortized cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 18 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 5,789,954 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 5,727,724 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 4,040,652 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 4,008,457 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Subscription warrants &#x2013; indemnification &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through profit or loss &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 25 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 51,296 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 51,296 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 86,439 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 86,439 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 23,567,204 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 23,732,653 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 23,336,595 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 23,998,204 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;


&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;The fair value of financial instruments, including currency and interest hedging instruments, was determined as follows:&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;ul style="margin: 0pt; padding-left: 0pt;"&gt;
&lt;li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;The fair value of cash and bank deposit balances are identical to their carrying values.&lt;/span&gt;&lt;/li&gt;
&lt;/ul&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;ul style="margin: 0pt; padding-left: 0pt;"&gt;
&lt;li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Financial investments in investment funds are valued at the value of the fund unit as of the date of the financial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;statements&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, which corresponds to their fair value.&lt;/span&gt;&lt;/span&gt;&lt;/li&gt;
&lt;/ul&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;ul style="margin: 0pt; padding-left: 0pt;"&gt;
&lt;li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;Financial investments in CDBs (Bank Certificates of Deposit) and similar investments offer daily liquidity through repurchase at the &#x201c;yield curve&#x201d; and the Company calculates their fair value through methodologies commonly used for mark to the market.&lt;/span&gt;&lt;/li&gt;
&lt;/ul&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;ul style="margin: 0pt; padding-left: 0pt;"&gt;
&lt;li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The fair value of trade receivables and trade payables are approximate to their carrying values&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and the Company calculates its fair value &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;through&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; methodologies commonly used in the market&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/li&gt;
&lt;/ul&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;ul style="margin: 0pt; padding-left: 0pt;"&gt;
&lt;li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'Times New Roman';"&gt;&lt;span&gt;The subscription warrants &#x2013; indemnification was measured based on the share price of Ultrapar (UGPA3) at the financial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;statements&lt;/span&gt;&lt;span&gt; date and are adjusted to the Company&#x2019;s dividend yield, since the exercise was only possible from&#160;2020 onwards and they were not entitled to dividends until then. The number of shares of subscription warrants &#x2013; indemnification was also adjusted according to the changes in the amounts of provision for tax, civil, and labor risks and contingent liabilities related to the period prior to January 31, 2014 &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ee Note &lt;/span&gt;&lt;span&gt;25&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;).&lt;/span&gt;&lt;/span&gt;&lt;/li&gt;
&lt;/ul&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;ul style="margin: 0pt; padding-left: 0pt;"&gt;
&lt;li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'Times New Roman';"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The fair value calculation of notes in the foreign market is based on the quoted price in an active market&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(see Note &lt;/span&gt;&lt;span&gt;17&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.b).&lt;/span&gt;&lt;/span&gt;&lt;/li&gt;
&lt;/ul&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The fair value of other financial investments&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; financing &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and leases payable &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;was determined using calculation methodologies commonly used for fair value&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;reporting&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, which consist of calculating future cash flows associated with each instrument adopted and adjusting them to present value at the market rates &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as of the date of the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;f&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;inancial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;statements&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; For some cases where there is no active market for the financial instrument, the Company and its subsidiaries can use quotes provided by the transaction counterparties.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The interpretation of market information and the choice of calculation methodologies for the fair value requires considerable judgment and estimates to obtain a value deemed appropriate to each situation. Consequently, the estimates presented do not necessary indicate the amounts that may be realiz&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;able&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Financial instruments were classified as financial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;assets or &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;liabilities measured at amortized cost, except (&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;i&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;) all exchange rate and interest rate hedging instruments, which are measured at fair value through profit or loss, financial investments classified as measured at fair value through profit or loss&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; financial investments that are classified as &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;measured at fair value through other comprehensive income&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (see Note &lt;/span&gt;&lt;span&gt;5&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.b&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;), (&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ii&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;) &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;loans and financing &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;measured at fair value through profit or loss (see Note &lt;/span&gt;&lt;span&gt;17&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.a&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;iii&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;) guarantees to customers that have vendor arrangements (see Note &lt;/span&gt;&lt;span&gt;17&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;i&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;), which are measured at fair value through profit or loss&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and (&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;iv&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;) &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;subscription warrants &#x2013; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;indemnification&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, which are measured at fair value through profit or loss&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (see Note &lt;/span&gt;&lt;span&gt;25&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. Cash, banks&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; trade receivables&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and reseller financing&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; are classified as &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;measured at amortized cost&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. Trade payables&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, leases&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;payable &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and other payables are classified as financial liabilities measured at amortized cost.&lt;/span&gt;&lt;/span&gt;&lt;br/&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;span&gt;j.1 &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;Fair &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;v&lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;alue &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;h&lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;ierarchy of &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;f&lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;inancial &lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;i&lt;/span&gt;&lt;span style="font-style: italic; font-weight: bold;"&gt;nstruments&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;The financial instruments are classified in the following categories:&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span&gt;(a) Level 1 &#x2013; prices negotiated (without adjustment) in active markets for identical assets or liabilities;&#160;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span&gt;(b) Level 2 &#x2013; inputs other than prices negotiated in active markets included in Level 1 and observable for the asset or liability, either directly (as prices) or indirectly (derived from prices).&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-right: none; border-left: none;"&gt;

&lt;div style="border-right: none; border-left: none;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The table below shows the categories of the financial assets and financial liabilities:&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;table cellpadding="0" style="height: 237px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; border-style: none;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 34.2857%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 30.4348%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Category &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 4.96894%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Note &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.11801%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Level &lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.82609%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Level &lt;span style="border-left: none; border-right: none;"&gt;2&lt;/span&gt; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Financial assets: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Cash and cash equivalents &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Cash and bank &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at amortized cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 5.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 334,547 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Financial investments in local currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through other comprehensive income &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 5.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,943,164 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,943,164 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Financial investments in foreign currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through profit or loss &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 5.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,363 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,363 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Financial investments: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Fixed-income securities and funds in local currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through profit or loss &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 5.b &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,607,608 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,607,608 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Fixed-income securities and funds in foreign currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through other comprehensive income &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 5.b &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 103,239 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 103,239 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Currency and interest rate hedging and commodities instruments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through profit or loss &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 5.b &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 472,552 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 472,552 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Trade Receivables &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at amortized cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 6.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,367,012 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Reseller Financing &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at amortized cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 6.b &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 992,359 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 8,822,844 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Financial liabilities: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Financing &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through profit or loss &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 17.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,011,374 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,011,374 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Financing &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at amortized cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 17.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 8,380,088 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Debentures &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at amortized cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 17.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 4,529,439 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Debentures &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through profit or loss &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 17.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,487,244 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,487,244 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Leases payable &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at amortized cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 14 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,348,311 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Commodities, currency and interest rate hedging instruments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through profit or loss &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 17.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 197,177 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 197,177 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Trade payables &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at amortized cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 18 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 5,727,724 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Subscription warrants &#x2013; indemnification &lt;span style="font-size: 8pt;"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through profit or loss &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 25 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 51,296 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 51,296 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 23,732,653 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;div id="Normadiv535" style="font-family: 'times new roman', times; font-size: 10pt;"&gt;

&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;table cellpadding="0" style="height: 250px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Category &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Note &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.11801%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Level &lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Level &lt;span style="border-left: none; border-right: none;"&gt;2&lt;/span&gt; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Financial assets: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Cash and cash equivalents&#160;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Cash and bank &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at amortized cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 5.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 405,081 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Financial investments in local currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through other comprehensive income &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 5.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,241,852 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,241,852 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Financial investments in foreign currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through profit or loss &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 5.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 14,561 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 14,561 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Financial investments: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Fixed-income securities and funds in local currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through profit or loss &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 5.b &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,643,286 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,643,286 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Fixed-income securities and funds in local currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through other comprehensive income &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 5.b &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 31,315 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 31,315 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Fixed-income securities (guarantee of loans) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at amortized cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 5.b &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 75,251 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Fixed-income securities and funds in foreign currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through other comprehensive income &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 5.b &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,278,940 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 30,245 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,248,695 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Currency and interest rate hedging and commodities instruments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through profit or loss &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 5.b &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 981,874 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 981,874 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Trade Receivables &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at amortized cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 6.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,369,766 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Reseller Financing &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at amortized cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 6.b &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 965,645 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; border-top: 1pt solid #000000; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 13,007,571 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Financial liabilities: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Financing &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through profit or loss &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 17.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,308,928 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,308,928 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Financing &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at amortized cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 17.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 10,186,947 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Debentures &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at amortized cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 17.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 5,363,621 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Debentures &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through profit or loss &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 17.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,093,365 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,093,365 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Leases payable &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at amortized cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 14 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,833,288 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Commodities, currency and interest rate hedging instruments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through profit or loss &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 17.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 117,159 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 117,159 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Trade payables &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at amortized cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 18 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 4,008,457 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Subscription warrants &#x2013; indemnification &lt;span style="font-size: 8pt;"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through profit or loss &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 25 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0pt; text-align: right;"&gt;86,439&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 86,439 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 23,998,204 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;div style="border-left: none; border-right: none;"&gt;
&lt;table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt; height: 10px;"&gt;
&lt;tbody&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td class="ng-scope" style="width: 3%; height: 10px;"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(&lt;/span&gt;1&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="width: 97%; height: 10px;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Refers to subscription warrants issued by the Company in the&#160;Extrafarma&#160;acquisition.&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;

&lt;/div&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;k. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;Sensitivity &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;a&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;nalysis&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt; of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;d&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;erivative &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;f&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;inancial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;i&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;nstruments&#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span&gt;The Company and its subsidiaries use derivative financial instruments only to hedge against identified risks and in amounts consistent with the risk (limited to 100% of the identified risk). Thus, for purposes of sensitivity analysis of market risks associated with financial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;instruments,&#160; the&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; Company analyzes the hedging instrument and the hedged item together, as shown on the charts below.&#160; &#160;&#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;For the sensitivity analysis of foreign exchange hedging instruments&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; as of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 3&lt;/span&gt;&lt;span&gt;1&lt;/span&gt;&lt;span&gt;, 20&lt;/span&gt;&lt;span&gt;2&lt;/span&gt;&lt;span&gt;1&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, management adopted as a &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;base&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; scenario the Real/U.S. dollar &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;exchange rates at maturity of each swap, projected by U.S dollar futures contracts quoted on &lt;/span&gt;&lt;span&gt;B3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. As a reference, the exchange rate for the last maturity of foreign exchange hedging instruments &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;is R&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;$ &lt;/span&gt;&lt;span&gt;10.25&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;(R&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;$ &lt;/span&gt;&lt;span&gt;8.23&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; as of December 31, 20&lt;/span&gt;&lt;span&gt;20&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;) &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;base&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; scenario. &lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Based on the balances of the hedging instruments and hedged items as of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December 31&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span&gt;2021&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, the exchange rates were replaced, and the changes between the new balance in Brazilian Reais and the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;original &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;balance in Brazilian Reais were calculated in each of the scenarios. The table below shows the change in the values of the main derivative instruments and their hedged items, considering the changes in the exchange rate in the different scenarios:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" style="height: 286px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #ffffff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #ffffff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt; font-weight: bold; text-decoration: underline;"&gt; Risk &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-bottom: 0.5pt solid #000000; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #ffffff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt; font-weight: bold;"&gt; Scenario Base &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-bottom: 0.5pt solid #000000; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; Currency swaps receivable in U.S. dollars &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-top: 0.5pt solid #000000; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-top: 0.5pt solid #000000; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 54%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span&gt; (1) U.S. Dollar / Real swaps &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 34px; width: 30%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Dollar appreciation &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 15%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 137,304 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span&gt; (2) Debts / firm commitments in dollars &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (137,301 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span&gt; (1)+(2) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net effect in result &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; Currency swaps payable in U.S. dollars &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span&gt; (3) Real / U.S. Dollar swaps &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Dollar devaluation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 49,935,747 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span&gt; (4) Gross margin of Oxiteno/Ipiranga &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (49,935,747 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;span style="font-size: 10pt; font-family: terminal, monaco;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span&gt; (3)+(4) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net effect in result &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; Cash Flow Hedge &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span&gt; (1) Cash Flow Hedge &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Dollar devaluation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 528,360 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span&gt; (2) Debts &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (528,360 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span&gt; (1)+(2) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net effect in equity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; Net Investment hedge in foreign entities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span&gt; (1) Net Investment Hedge &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Dollar devaluation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 252,423 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span&gt; (2) Debts &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (252,423 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span&gt; (1)+(2) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net effect in equity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;For sensitivity analysis of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;hedging instruments for &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;interest rate&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; in Brazilian Reais&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; as of&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December 31&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;2021&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the Company&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;u&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;ed the future&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; curve of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the &lt;/span&gt;&lt;span&gt;DI x Pre contract quoted on B3 &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;as of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 3&lt;/span&gt;&lt;span&gt;1&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;2&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;for each &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;swap and debt (hedged item)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; maturities&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, to determine the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;base&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; scenario&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&#160;&#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; background-color: #ffffff; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Based on the scenarios of interest rate&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; in Brazilian Reais&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the Company estimated the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;values&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;its&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; debt and hedging instruments according to the risk &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;which&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; is being hedged (&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;variations in the pre-fixed&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; interest rate&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; in Brazilian Reais)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, by projecting &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;them to future value &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;at the&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; contracted rates and bringing them to present value &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;at&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; the interest rate&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; of the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;estimated&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; scenarios. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The result&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;are&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;shown&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; in the table below:&#160; &#160; &#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;

&lt;table cellpadding="0" style="height: 79px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 62.966%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 23.9437%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt; font-weight: bold; text-decoration: underline;"&gt; Risk &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-bottom: 0.5pt solid #000000; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 11.9304%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt; font-weight: bold;"&gt; Scenario Base &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-bottom: 0.5pt solid #000000; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 1.07705%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; font-size: 10pt; width: 62.966%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; Interest rate swap (Real) &#x2013; Debentures - CRA &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; font-size: 10pt; width: 23.9437%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-top: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; font-size: 10pt; width: 11.9304%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-top: 0.5pt solid #000000; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; font-size: 10pt; height: 17px; width: 1.07705%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; font-size: 10pt; width: 62.966%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span&gt; (1) Fixed rate swap - DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 27px; font-size: 10pt; width: 23.9437%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Decrease in Pre-fixed rate &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; font-size: 10pt; width: 11.9304%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (20,053,149 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; font-size: 10pt; height: 17px; width: 1.07705%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px; font-size: 10pt; width: 62.966%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span&gt; (2) Fixed rate debt &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-bottom: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; font-size: 10pt; width: 11.9304%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 20,053,149 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; font-size: 10pt; height: 10px; width: 1.07705%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; font-size: 10pt; width: 62.966%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span&gt; (1)+(2) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; font-size: 10pt; width: 23.9437%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net effect in result &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; font-size: 10pt; border-bottom: 2.8pt double #000000; width: 11.9304%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; font-size: 10pt; height: 18px; width: 1.07705%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;

&lt;/div&gt;
&lt;/div&gt;
</ifrs-full:DisclosureOfFinancialInstrumentsExplanatory>
    <ugp:SummaryOfAssetsAndLiabilitiesInForeignCurrenciesTableTextBlock contextRef="D20211231_3" id="Tag525">
&lt;table cellpadding="0" style="height: 275px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Assets in foreign currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 73%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Cash, cash equivalents and financial investments in foreign currency (except hedging instruments) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 10px; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 122,242 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; width: 1%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; width: 1%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 10px; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,413,276 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; width: 1%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Foreign trade receivables, net of loss allowance for expected credit losses and advances to foreign customers &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,324 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 307,829 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Other assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 186,548 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,767,626 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Asset exposure from subsidiaries held for sale &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,839,194 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 4,149,308 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,488,731 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Liabilities in foreign currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Financing in foreign currency, gross of transaction costs and discount &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (8,860,833&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (9,246,707&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Payables arising from imports, net of advances to foreign suppliers &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (649,107&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (633,013&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Liabilities exposure from subsidiaries held for sale &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (884,402 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; border-top: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (10,394,342&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000; border-top: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (9,879,720&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Foreign currency hedging instruments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,933,572 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 4,837,554 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Foreign currency hedging instruments from subsidiaries held for sale &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,786,471 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Net liability position &#x2013; total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (1,524,991 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (1,553,435 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Net (liability) asset position &#x2013; income statement effect &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (498,604 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 186,306 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Net liability position &#x2013; equity effect from subsidiaries held for sale &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (1,026,387 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (1,739,741 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
</ugp:SummaryOfAssetsAndLiabilitiesInForeignCurrenciesTableTextBlock>
    <ugp:CashCashEquivalentsAndFinancialInvestmentsInForeignCurrencyExceptHedgingInstruments
      contextRef="I20211231"
      decimals="-3"
      id="Tag563"
      unitRef="BRL">122242000</ugp:CashCashEquivalentsAndFinancialInvestmentsInForeignCurrencyExceptHedgingInstruments>
    <ugp:CashCashEquivalentsAndFinancialInvestmentsInForeignCurrencyExceptHedgingInstruments
      contextRef="I20201231"
      decimals="-3"
      id="Tag1517"
      unitRef="BRL">1413276000</ugp:CashCashEquivalentsAndFinancialInvestmentsInForeignCurrencyExceptHedgingInstruments>
    <ugp:ForeignTradeReceivablesNetOfAllowanceForDoubtfulAccountsAndAdvancesToForeignCustomers
      contextRef="I20211231"
      decimals="-3"
      id="Tag6801"
      unitRef="BRL">1324000</ugp:ForeignTradeReceivablesNetOfAllowanceForDoubtfulAccountsAndAdvancesToForeignCustomers>
    <ugp:ForeignTradeReceivablesNetOfAllowanceForDoubtfulAccountsAndAdvancesToForeignCustomers
      contextRef="I20201231"
      decimals="-3"
      id="Tag1741"
      unitRef="BRL">307829000</ugp:ForeignTradeReceivablesNetOfAllowanceForDoubtfulAccountsAndAdvancesToForeignCustomers>
    <ugp:OtherNetAssetsInForeignExceptCashCashEquivalentsFinancialInvestmentsTradeReceivablesFinancingAndPayables
      contextRef="I20211231"
      decimals="-3"
      id="Tag1518"
      unitRef="BRL">186548000</ugp:OtherNetAssetsInForeignExceptCashCashEquivalentsFinancialInvestmentsTradeReceivablesFinancingAndPayables>
    <ugp:OtherNetAssetsInForeignExceptCashCashEquivalentsFinancialInvestmentsTradeReceivablesFinancingAndPayables
      contextRef="I20201231"
      decimals="-3"
      id="Tag1688"
      unitRef="BRL">1767626000</ugp:OtherNetAssetsInForeignExceptCashCashEquivalentsFinancialInvestmentsTradeReceivablesFinancingAndPayables>
    <ugp:AssetExposureFromSubsidiariesHeldForSale
      contextRef="I20211231"
      decimals="-3"
      id="Tag1156"
      unitRef="BRL">3839194000</ugp:AssetExposureFromSubsidiariesHeldForSale>
    <ugp:AssetExposureFromSubsidiariesHeldForSale
      contextRef="I20201231"
      id="Tag1713"
      unitRef="BRL"
      xsi:nil="true"/>
    <ugp:AssetsInForeignCurrency
      contextRef="I20211231"
      decimals="-3"
      id="Tag1774"
      unitRef="BRL">4149308000</ugp:AssetsInForeignCurrency>
    <ugp:AssetsInForeignCurrency
      contextRef="I20201231"
      decimals="-3"
      id="Tag647"
      unitRef="BRL">3488731000</ugp:AssetsInForeignCurrency>
    <ugp:FinancingInForeignCurrency
      contextRef="I20211231"
      decimals="-3"
      id="Tag884"
      unitRef="BRL">8860833000</ugp:FinancingInForeignCurrency>
    <ugp:FinancingInForeignCurrency
      contextRef="I20201231"
      decimals="-3"
      id="Tag1716"
      unitRef="BRL">9246707000</ugp:FinancingInForeignCurrency>
    <ugp:PayablesArisingFromImports
      contextRef="I20211231"
      decimals="-3"
      id="Tag715"
      unitRef="BRL">649107000</ugp:PayablesArisingFromImports>
    <ugp:PayablesArisingFromImports
      contextRef="I20201231"
      decimals="-3"
      id="Tag812"
      unitRef="BRL">633013000</ugp:PayablesArisingFromImports>
    <ugp:LiabilitiesExposureFromSubsidiariesHeldForSale
      contextRef="I20211231"
      decimals="-3"
      id="Tag1743"
      unitRef="BRL">-884402000</ugp:LiabilitiesExposureFromSubsidiariesHeldForSale>
    <ugp:LiabilitiesExposureFromSubsidiariesHeldForSale
      contextRef="I20201231"
      id="Tag305"
      unitRef="BRL"
      xsi:nil="true"/>
    <ugp:LiabilitiesInForeignCurrency
      contextRef="I20211231"
      decimals="-3"
      id="Tag7304"
      unitRef="BRL">10394342000</ugp:LiabilitiesInForeignCurrency>
    <ugp:LiabilitiesInForeignCurrency
      contextRef="I20201231"
      decimals="-3"
      id="Tag308"
      unitRef="BRL">9879720000</ugp:LiabilitiesInForeignCurrency>
    <ugp:ForeignCurrencyHedgingInstruments
      contextRef="I20211231"
      decimals="-3"
      id="Tag725"
      unitRef="BRL">-2933572000</ugp:ForeignCurrencyHedgingInstruments>
    <ugp:ForeignCurrencyHedgingInstruments
      contextRef="I20201231"
      decimals="-3"
      id="Tag5752"
      unitRef="BRL">-4837554000</ugp:ForeignCurrencyHedgingInstruments>
    <ugp:ForeignCurrencyHedgingInstrumentsFromSubsidiariesHeldForSale
      contextRef="I20211231"
      decimals="-3"
      id="Tag617"
      unitRef="BRL">1786471000</ugp:ForeignCurrencyHedgingInstrumentsFromSubsidiariesHeldForSale>
    <ugp:ForeignCurrencyHedgingInstrumentsFromSubsidiariesHeldForSale
      contextRef="I20201231"
      id="Tag1493"
      unitRef="BRL"
      xsi:nil="true"/>
    <ugp:NetAssetLiabilityPositionTotal
      contextRef="I20211231"
      decimals="-3"
      id="Tag798"
      unitRef="BRL">-1524991000</ugp:NetAssetLiabilityPositionTotal>
    <ugp:NetAssetLiabilityPositionTotal
      contextRef="I20201231"
      decimals="-3"
      id="Tag684"
      unitRef="BRL">-1553435000</ugp:NetAssetLiabilityPositionTotal>
    <ugp:NetAssetLiabilityPositionIncomeStatementEffect
      contextRef="I20211231"
      decimals="-3"
      id="Tag1766"
      unitRef="BRL">-498604000</ugp:NetAssetLiabilityPositionIncomeStatementEffect>
    <ugp:NetAssetLiabilityPositionIncomeStatementEffect
      contextRef="I20201231"
      decimals="-3"
      id="Tag871"
      unitRef="BRL">186306000</ugp:NetAssetLiabilityPositionIncomeStatementEffect>
    <ugp:NetAssetLiabilityPositionShareholdersEquityEffect
      contextRef="I20211231"
      decimals="-3"
      id="Tag1780"
      unitRef="BRL">-1026387000</ugp:NetAssetLiabilityPositionShareholdersEquityEffect>
    <ugp:NetAssetLiabilityPositionShareholdersEquityEffect
      contextRef="I20201231"
      decimals="-3"
      id="Tag856"
      unitRef="BRL">-1739741000</ugp:NetAssetLiabilityPositionShareholdersEquityEffect>
    <ifrs-full:AverageForeignExchangeRate
      contextRef="D20211231_BrazilianRealPerUSDollarMember"
      decimals="4"
      id="Tag651"
      unitRef="BRL">5.6514</ifrs-full:AverageForeignExchangeRate>
    <ugp:SummaryOfSensitivityAnalysisOfAssetsAndLiabilitiesInForeignCurrencyTableTextBlock contextRef="D20211231_3" id="Tag6393">
&lt;div style="border-left: none; border-right: none;"&gt;
&lt;div id="Normadiv517" style="font-family: 'times new roman', times; font-size: 10pt;"&gt;
&lt;div&gt;
&lt;div&gt;
&lt;div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The table below shows the effects of exchange rate changes on the net liability position of R$ 1,524,991 in foreign currency as of December 3&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;, &lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;span style="border-left: none; border-right: none;"&gt;2&lt;/span&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;:&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;table cellpadding="0" style="border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 65.5279%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 21.3251%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Risk &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 11.9048%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Scenario &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.0352%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 65.5279%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 21.3251%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 11.9048%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Base &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.0352%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 65.5279%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Income statement effect &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 21.3251%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Real devaluation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.9048%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (25,230 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0352%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 65.5279%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 21.3251%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net effect &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9048%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (25,230 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.0352%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt; background-color: #cceeff;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 65.5279%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Income statement effect &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 21.3251%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Real appreciation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 11.9048%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 25,230 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.0352%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 12.75pt;"&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 65.5279%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 21.3251%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net effect &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9048%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 25,230 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.0352%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
</ugp:SummaryOfSensitivityAnalysisOfAssetsAndLiabilitiesInForeignCurrencyTableTextBlock>
    <ugp:NetAssetLiabilityPositionTotal
      contextRef="I20211231"
      decimals="-3"
      id="Tag1515"
      unitRef="BRL">-1524991000</ugp:NetAssetLiabilityPositionTotal>
    <ugp:IncomeStatementEffectDecrease
      contextRef="I20211231"
      decimals="-3"
      id="Tag859"
      unitRef="BRL">-25230000</ugp:IncomeStatementEffectDecrease>
    <ugp:IncomeStatementEffectDecreaseShareHoldersEquityIncreaseNetEffect
      contextRef="I20211231"
      decimals="-3"
      id="Tag306"
      unitRef="BRL">-25230000</ugp:IncomeStatementEffectDecreaseShareHoldersEquityIncreaseNetEffect>
    <ugp:IncomeStatementEffectIncrease
      contextRef="I20211231"
      decimals="-3"
      id="Tag793"
      unitRef="BRL">25230000</ugp:IncomeStatementEffectIncrease>
    <ugp:IncomeStatementEffectincreaseShareholdersEquityDecreaseNetEffect
      contextRef="I20211231"
      decimals="-3"
      id="Tag1152"
      unitRef="BRL">25230000</ugp:IncomeStatementEffectincreaseShareholdersEquityDecreaseNetEffect>
    <ifrs-full:DisclosureOfFinancialInstrumentsByTypeOfInterestRateExplanatory contextRef="D20211231_3" id="Tag6871">
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;div id="Normadiv518" style="font-family: 'times new roman', times; font-size: 10pt;"&gt;
&lt;div&gt;
&lt;div&gt;
&lt;div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The financial assets and liabilities exposed to floating interest rates are demonstrated below:&#160;&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;table cellpadding="0" style="height: 265px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Note &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 68%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Cash equivalents &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 5%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 5.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,943,164 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,241,852 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Financial investments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 5.b &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,607,608 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,749,852 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Loans and debentures &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 17.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (4,855,517 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (6,947,362 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Liability position of foreign exchange hedging instruments &#x2013; DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 33.g &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (2,283,625 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (2,124,146 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Liability position of fixed interest instruments + IPCA &#x2013; DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 33.g &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (2,364,583 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (2,203,705 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Net liability position in DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (5,952,953 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (5,283,509 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; TJLP &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Loans &#x2013; TJLP &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 17.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (326 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (29,803 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Net liability position in TJLP &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (326 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (29,803 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span&gt; LIBOR &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span&gt; Asset position of foreign exchange hedging instruments &#x2013; LIBOR &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 33.g &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 279,047 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 260,958 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span&gt; Loans &#x2013; LIBOR &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 17.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (275,936 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (573,484 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span&gt; Net liability position in LIBOR &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,111 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (312,526 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Total net liability position exposed to floating interest &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (5,950,168 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (5,625,838 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
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&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The tables below show the incremental expenses and income that would be recognized in finance income, if the market curves of floating interest at the base date were applied to the average balances of the current year, due to the effect of floating interest rate.&#160;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;table cellpadding="0" style="height: 214px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 67.6885%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 18.227%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 11.9304%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 0.9942%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 1.07705%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 67.6885%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 18.227%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Risk &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9304%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Scenario &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.07705%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 67.6885%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 18.227%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9304%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Base &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.07705%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 67.6885%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; text-decoration: underline;"&gt; Exposure of interest rate risk &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 18.227%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9304%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.9942%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.07705%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 67.6885%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Interest effect on cash equivalents and financial &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 18.227%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Increase in DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9304%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 153,160 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.9942%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.07705%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 67.6885%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Interest effect on debt in DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 18.227%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Increase in DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9304%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (360,652 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.9942%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.07705%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 67.6885%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Interest rate hedging instruments (liabilities in DI) effect &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 18.227%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Increase in DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9304%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (221,157 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.07705%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 67.6885%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Incremental expenses &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 18.227%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9304%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (428,649 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.9942%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.07705%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 67.6885%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Interest effect on debt in TJLP &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 18.227%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Increase in TJLP &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9304%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (7 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.07705%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 67.6885%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Incremental expenses &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 18.227%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9304%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (7 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.9942%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.07705%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 67.6885%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span&gt; Foreign exchange hedging instruments (assets in LIBOR) effect &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 18.227%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; Increase in LIBOR &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9304%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 11 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.07705%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 67.6885%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span&gt; Interest effect on debt in LIBOR &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 18.227%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; Increase in LIBOR &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9304%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (94 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.9942%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.07705%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 67.6885%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Incremental expenses &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 18.227%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9304%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (83 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.07705%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
</ugp:SummaryOfSensitivityAnalysisOfFloatingInterestRateRiskTableTextBlock>
    <ugp:InterestEffectOnCashEquivalentsAndFinancialInvestments
      contextRef="D20211231_ScenarioMember_DiMember"
      decimals="-3"
      id="Tag1497"
      unitRef="BRL">153160000</ugp:InterestEffectOnCashEquivalentsAndFinancialInvestments>
    <ifrs-full:InterestExpenseOnBorrowings
      contextRef="D20211231_ScenarioMember_DiMember"
      decimals="-3"
      id="Tag682"
      unitRef="BRL">360652000</ifrs-full:InterestExpenseOnBorrowings>
    <ugp:InterestRateHedgingInstrumentsLiabilitiesInterestEffect
      contextRef="D20211231_ScenarioMember_DiMember"
      decimals="-3"
      id="Tag841"
      unitRef="BRL">-221157000</ugp:InterestRateHedgingInstrumentsLiabilitiesInterestEffect>
    <ugp:IncrementalExpenses
      contextRef="D20211231_ScenarioMember_DiMember"
      decimals="-3"
      id="Tag196"
      unitRef="BRL">-428649000</ugp:IncrementalExpenses>
    <ifrs-full:InterestExpenseOnBorrowings
      contextRef="D20211231_ScenarioMember_TJLPMember"
      decimals="-3"
      id="Tag1680"
      unitRef="BRL">7000</ifrs-full:InterestExpenseOnBorrowings>
    <ugp:IncrementalExpenses
      contextRef="D20211231_ScenarioMember_TJLPMember"
      decimals="-3"
      id="Tag906"
      unitRef="BRL">-7000</ugp:IncrementalExpenses>
    <ugp:ForeignExchangeHedgingInstrumentsAssetsInterestEffect
      contextRef="D20211231_ScenarioMember_LIBORMember"
      decimals="-3"
      id="Tag745"
      unitRef="BRL">11000</ugp:ForeignExchangeHedgingInstrumentsAssetsInterestEffect>
    <ifrs-full:InterestExpenseOnBorrowings
      contextRef="D20211231_ScenarioMember_LIBORMember"
      decimals="-3"
      id="Tag1107"
      unitRef="BRL">94000</ifrs-full:InterestExpenseOnBorrowings>
    <ugp:IncrementalExpenses
      contextRef="D20211231_ScenarioMember_LIBORMember"
      decimals="-3"
      id="Tag1687"
      unitRef="BRL">-83000</ugp:IncrementalExpenses>
    <ifrs-full:DisclosureOfExternalCreditExposuresExplanatory contextRef="D20211231_3" id="Tag6218">
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;div id="Normadiv521" style="font-family: 'times new roman', times; font-size: 10pt;"&gt;
&lt;div&gt;
&lt;div&gt;
&lt;div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The credit risk of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;financial institution and government of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;cash, cash equivalents and financial investments is summarized below:&#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;table cellpadding="0" style="height: 102px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 71.5021%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.23457%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="4" style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 26.1318%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Fair value &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; border-bottom: 1pt solid #000000; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 71.5021%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Counterparty credit rating &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.23457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; width: 1.23457%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.02881%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 71.5021%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; AAA &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.23457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,606,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.23457%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 8,190,428 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 71.5021%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; AA &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.23457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 740,879 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.23457%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 317,894 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 71.5021%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; A &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 1.23457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 116,594 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.23457%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 163,838 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 71.5021%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; width: 1.23457%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 4,463,473 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.23457%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 8,672,160 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
</ifrs-full:DisclosureOfExternalCreditExposuresExplanatory>
    <ugp:CashCashEquivalentsAndFinancialInvestments
      contextRef="I20211231_AAAMember"
      decimals="-3"
      id="Tag1778"
      unitRef="BRL">3606000000</ugp:CashCashEquivalentsAndFinancialInvestments>
    <ugp:CashCashEquivalentsAndFinancialInvestments
      contextRef="I20201231_AAAMember"
      decimals="-3"
      id="Tag342"
      unitRef="BRL">8190428000</ugp:CashCashEquivalentsAndFinancialInvestments>
    <ugp:CashCashEquivalentsAndFinancialInvestments
      contextRef="I20211231_AAMember"
      decimals="-3"
      id="Tag850"
      unitRef="BRL">740879000</ugp:CashCashEquivalentsAndFinancialInvestments>
    <ugp:CashCashEquivalentsAndFinancialInvestments
      contextRef="I20201231_AAMember"
      decimals="-3"
      id="Tag1474"
      unitRef="BRL">317894000</ugp:CashCashEquivalentsAndFinancialInvestments>
    <ugp:CashCashEquivalentsAndFinancialInvestments
      contextRef="I20211231_AMember"
      decimals="-3"
      id="Tag701"
      unitRef="BRL">116594000</ugp:CashCashEquivalentsAndFinancialInvestments>
    <ugp:CashCashEquivalentsAndFinancialInvestments
      contextRef="I20201231_AMember"
      decimals="-3"
      id="Tag1063"
      unitRef="BRL">163838000</ugp:CashCashEquivalentsAndFinancialInvestments>
    <ugp:CashCashEquivalentsAndFinancialInvestments
      contextRef="I20211231"
      decimals="-3"
      id="Tag200"
      unitRef="BRL">4463473000</ugp:CashCashEquivalentsAndFinancialInvestments>
    <ugp:CashCashEquivalentsAndFinancialInvestments
      contextRef="I20201231"
      decimals="-3"
      id="Tag1755"
      unitRef="BRL">8672160000</ugp:CashCashEquivalentsAndFinancialInvestments>
    <ugp:NumberOfCustomers
      contextRef="D20211231_CustomerConcentrationsRiskMember_CustomerOneMember_BottomOfRangeMember"
      decimals="0"
      id="Tag900"
      unitRef="Customer">0</ugp:NumberOfCustomers>
    <ifrs-full:PercentageOfEntitysRevenue
      contextRef="D20211231_CustomerConcentrationsRiskMember_CustomerOneMember_BottomOfRangeMember"
      decimals="2"
      id="Tag1760"
      unitRef="Pure">0.10</ifrs-full:PercentageOfEntitysRevenue>
    <ugp:SummaryOfAllowanceForDoubtfulAccountsOnTradeReceivablesTableTextBlock contextRef="D20211231_3" id="Tag568">
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;div id="Normadiv522" style="font-family: 'times new roman', times; font-size: 10pt;"&gt;
&lt;div&gt;
&lt;div&gt;
&lt;div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The subsidiaries of the Company maintained the following loss allowance for expected credit losses balances on trade receivables:&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;table cellpadding="0" style="height: 119px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.02881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.13169%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.02881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Ipiranga &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 422,542 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.13169%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 447,389 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Ultragaz &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 135,565 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.02881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.13169%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 113,621 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.02881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Oxiteno (*) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.13169%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 16,430 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Extrafarma (*) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.02881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.13169%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 73 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.02881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Ultracargo &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,526 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.13169%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,594 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 559,633 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.02881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.13169%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 579,107 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 1.02881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;div id="Normadiv523" style="font-family: 'times new roman', times; font-size: 10pt;"&gt;
&lt;div&gt;
&lt;div&gt;
&lt;div&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;(*) On December 31, 2021 the balances were reclassified to assets of subsidiaries held for sale.&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
</ugp:SummaryOfAllowanceForDoubtfulAccountsOnTradeReceivablesTableTextBlock>
    <ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables
      contextRef="I20211231_IpirangaMember"
      decimals="-3"
      id="Tag5153"
      unitRef="BRL">422542000</ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables>
    <ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables
      contextRef="I20201231_IpirangaMember"
      decimals="-3"
      id="Tag3460"
      unitRef="BRL">447389000</ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables>
    <ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables
      contextRef="I20211231_UltragazMember"
      decimals="-3"
      id="Tag1505"
      unitRef="BRL">135565000</ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables>
    <ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables
      contextRef="I20201231_UltragazMember"
      decimals="-3"
      id="Tag1496"
      unitRef="BRL">113621000</ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables>
    <ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables
      contextRef="I20211231_OxitenoMember"
      id="Tag227"
      unitRef="BRL"
      xsi:nil="true"/>
    <ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables
      contextRef="I20201231_OxitenoMember"
      decimals="-3"
      id="Tag1193"
      unitRef="BRL">16430000</ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables>
    <ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables
      contextRef="I20211231_ExtrafarmaMember"
      id="Tag114"
      unitRef="BRL"
      xsi:nil="true"/>
    <ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables
      contextRef="I20201231_ExtrafarmaMember"
      decimals="-3"
      id="Tag1781"
      unitRef="BRL">73000</ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables>
    <ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables
      contextRef="I20211231_UltracargoMember"
      decimals="-3"
      id="Tag843"
      unitRef="BRL">1526000</ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables>
    <ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables
      contextRef="I20201231_UltracargoMember"
      decimals="-3"
      id="Tag1144"
      unitRef="BRL">1594000</ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables>
    <ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables
      contextRef="I20211231"
      decimals="-3"
      id="Tag5154"
      unitRef="BRL">559633000</ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables>
    <ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables
      contextRef="I20201231"
      decimals="-3"
      id="Tag671"
      unitRef="BRL">579107000</ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables>
    <ifrs-full:DisclosureOfCreditRiskExposureExplanatory contextRef="D20211231_3" id="Tag6914">
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;div id="Normadiv524" style="font-family: 'times new roman', times; font-size: 10pt;"&gt;
&lt;div&gt;
&lt;div&gt;
&lt;div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The table below presents information about credit risk exposure, resulting from the additions of the balances of trade receivables and reseller financing:&#160;&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;table cellpadding="0" style="height: 132px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 28.9147%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="7" style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 33.9686%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; border-bottom: 1pt solid #000000; height: 17px; width: 0.9942%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 0.9942%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="7" style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; border-bottom: 1pt solid #000000; width: 33.9686%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; border-bottom: 1pt solid #000000; width: 1.07705%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 28.9147%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 10.0249%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Weighted average rate of losses &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 0.9942%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 0.9942%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 10.0249%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Accounting balance &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 0.9942%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; width: 0.9942%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 9.942%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Provision for losses &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; width: 0.9942%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 0.9942%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 10.0249%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Weighted average rate of losses &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 0.9942%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 0.9942%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 10.0249%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Accounting balance &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 0.9942%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; width: 0.9942%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 9.942%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Provision for losses &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 1.07705%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; text-align: left; width: 28.9147%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: left;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Current &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 0.6% &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,901,536 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 23,476 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1.2% &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,751,067 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 44,091 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.07705%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; text-align: left; width: 28.9147%;"&gt;
&lt;p style="margin: 0pt; text-align: left;"&gt;&lt;span&gt; less than 30 days &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 7.3% &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.9942%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 109,284 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.942%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 8,005 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2.2% &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.9942%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 134,836 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.9942%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.942%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,939 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.07705%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; text-align: left; width: 28.9147%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: left;"&gt;&lt;span&gt; 31-60 days &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 20.4% &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 57,545 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 11,746 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 8.2% &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 43,207 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,563 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.07705%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; text-align: left; width: 28.9147%;"&gt;
&lt;p style="margin: 0pt; text-align: left;"&gt;&lt;span&gt; 61-90 days &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 23.0% &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.9942%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 39,177 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.942%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 9,016 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 10.9% &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.9942%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 42,589 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.9942%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.942%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 4,630 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.07705%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; text-align: left; width: 28.9147%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: left;"&gt;&lt;span&gt; 91-180 days &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 10.0249%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 49.1% &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 10.0249%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 50,588 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 24,818 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 10.0249%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 36.8% &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 10.0249%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 76,158 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 28,062 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.07705%; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; text-align: left; width: 28.9147%;"&gt;
&lt;p style="margin: 0pt; text-align: left;"&gt;&lt;span&gt; more than 180 days &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 10.0249%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 57.5% &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.9942%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 10.0249%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 838,532 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.942%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 482,572 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 10.0249%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 55.7% &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.9942%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 10.0249%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 890,756 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.9942%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.9942%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.942%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 495,822 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.07705%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 28.9147%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 10.0249%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 4,996,662 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 9.942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 559,633 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0249%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 10.0249%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 4,938,613 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 0.9942%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.9942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 9.942%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 579,107 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 1.07705%; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
</ifrs-full:DisclosureOfCreditRiskExposureExplanatory>
    <ifrs-full:ExpectedCreditLossRate
      contextRef="I20211231_WeightedAverageMember_CurrentMember"
      decimals="3"
      id="Tag632"
      unitRef="Pure">0.006</ifrs-full:ExpectedCreditLossRate>
    <ugp:TradeAndOtherReceivablesGross
      contextRef="I20211231_CurrentMember"
      decimals="-3"
      id="Tag1108"
      unitRef="BRL">3901536000</ugp:TradeAndOtherReceivablesGross>
    <ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables
      contextRef="I20211231_CurrentMember"
      decimals="-3"
      id="Tag337"
      unitRef="BRL">23476000</ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables>
    <ifrs-full:ExpectedCreditLossRate
      contextRef="I20201231_WeightedAverageMember_CurrentMember"
      decimals="3"
      id="Tag834"
      unitRef="Pure">0.012</ifrs-full:ExpectedCreditLossRate>
    <ugp:TradeAndOtherReceivablesGross
      contextRef="I20201231_CurrentMember"
      decimals="-3"
      id="Tag1738"
      unitRef="BRL">3751067000</ugp:TradeAndOtherReceivablesGross>
    <ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables
      contextRef="I20201231_CurrentMember"
      decimals="-3"
      id="Tag7312"
      unitRef="BRL">44091000</ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables>
    <ifrs-full:ExpectedCreditLossRate
      contextRef="I20211231_WeightedAverageMember_NotLaterThanOneMonthMember"
      decimals="3"
      id="Tag564"
      unitRef="Pure">0.073</ifrs-full:ExpectedCreditLossRate>
    <ugp:TradeAndOtherReceivablesGross
      contextRef="I20211231_NotLaterThanOneMonthMember"
      decimals="-3"
      id="Tag1047"
      unitRef="BRL">109284000</ugp:TradeAndOtherReceivablesGross>
    <ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables
      contextRef="I20211231_NotLaterThanOneMonthMember"
      decimals="-3"
      id="Tag762"
      unitRef="BRL">8005000</ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables>
    <ifrs-full:ExpectedCreditLossRate
      contextRef="I20201231_WeightedAverageMember_NotLaterThanOneMonthMember"
      decimals="3"
      id="Tag2032"
      unitRef="Pure">0.022</ifrs-full:ExpectedCreditLossRate>
    <ugp:TradeAndOtherReceivablesGross
      contextRef="I20201231_NotLaterThanOneMonthMember"
      decimals="-3"
      id="Tag2036"
      unitRef="BRL">134836000</ugp:TradeAndOtherReceivablesGross>
    <ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables
      contextRef="I20201231_NotLaterThanOneMonthMember"
      decimals="-3"
      id="Tag776"
      unitRef="BRL">2939000</ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables>
    <ifrs-full:ExpectedCreditLossRate
      contextRef="I20211231_WeightedAverageMember_LaterThanOneMonthAndNotLaterThanTwoMonthsMember"
      decimals="3"
      id="Tag1764"
      unitRef="Pure">0.204</ifrs-full:ExpectedCreditLossRate>
    <ugp:TradeAndOtherReceivablesGross
      contextRef="I20211231_LaterThanOneMonthAndNotLaterThanTwoMonthsMember"
      decimals="-3"
      id="Tag618"
      unitRef="BRL">57545000</ugp:TradeAndOtherReceivablesGross>
    <ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables
      contextRef="I20211231_LaterThanOneMonthAndNotLaterThanTwoMonthsMember"
      decimals="-3"
      id="Tag616"
      unitRef="BRL">11746000</ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables>
    <ifrs-full:ExpectedCreditLossRate
      contextRef="I20201231_WeightedAverageMember_LaterThanOneMonthAndNotLaterThanTwoMonthsMember"
      decimals="3"
      id="Tag670"
      unitRef="Pure">0.082</ifrs-full:ExpectedCreditLossRate>
    <ugp:TradeAndOtherReceivablesGross
      contextRef="I20201231_LaterThanOneMonthAndNotLaterThanTwoMonthsMember"
      decimals="-3"
      id="Tag5748"
      unitRef="BRL">43207000</ugp:TradeAndOtherReceivablesGross>
    <ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables
      contextRef="I20201231_LaterThanOneMonthAndNotLaterThanTwoMonthsMember"
      decimals="-3"
      id="Tag674"
      unitRef="BRL">3563000</ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables>
    <ifrs-full:ExpectedCreditLossRate
      contextRef="I20211231_WeightedAverageMember_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember"
      decimals="3"
      id="Tag737"
      unitRef="Pure">0.23</ifrs-full:ExpectedCreditLossRate>
    <ugp:TradeAndOtherReceivablesGross
      contextRef="I20211231_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember"
      decimals="-3"
      id="Tag199"
      unitRef="BRL">39177000</ugp:TradeAndOtherReceivablesGross>
    <ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables
      contextRef="I20211231_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember"
      decimals="-3"
      id="Tag3466"
      unitRef="BRL">9016000</ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables>
    <ifrs-full:ExpectedCreditLossRate
      contextRef="I20201231_WeightedAverageMember_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember"
      decimals="3"
      id="Tag1195"
      unitRef="Pure">0.109</ifrs-full:ExpectedCreditLossRate>
    <ugp:TradeAndOtherReceivablesGross
      contextRef="I20201231_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember"
      decimals="-3"
      id="Tag6779"
      unitRef="BRL">42589000</ugp:TradeAndOtherReceivablesGross>
    <ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables
      contextRef="I20201231_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember"
      decimals="-3"
      id="Tag827"
      unitRef="BRL">4630000</ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables>
    <ifrs-full:ExpectedCreditLossRate
      contextRef="I20211231_WeightedAverageMember_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember"
      decimals="3"
      id="Tag690"
      unitRef="Pure">0.491</ifrs-full:ExpectedCreditLossRate>
    <ugp:TradeAndOtherReceivablesGross
      contextRef="I20211231_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember"
      decimals="-3"
      id="Tag1720"
      unitRef="BRL">50588000</ugp:TradeAndOtherReceivablesGross>
    <ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables
      contextRef="I20211231_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember"
      decimals="-3"
      id="Tag800"
      unitRef="BRL">24818000</ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables>
    <ifrs-full:ExpectedCreditLossRate
      contextRef="I20201231_WeightedAverageMember_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember"
      decimals="3"
      id="Tag849"
      unitRef="Pure">0.368</ifrs-full:ExpectedCreditLossRate>
    <ugp:TradeAndOtherReceivablesGross
      contextRef="I20201231_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember"
      decimals="-3"
      id="Tag1712"
      unitRef="BRL">76158000</ugp:TradeAndOtherReceivablesGross>
    <ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables
      contextRef="I20201231_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember"
      decimals="-3"
      id="Tag846"
      unitRef="BRL">28062000</ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables>
    <ifrs-full:ExpectedCreditLossRate
      contextRef="I20211231_WeightedAverageMember_LaterThanSixMonthsMember"
      decimals="3"
      id="Tag828"
      unitRef="Pure">0.575</ifrs-full:ExpectedCreditLossRate>
    <ugp:TradeAndOtherReceivablesGross
      contextRef="I20211231_LaterThanSixMonthsMember"
      decimals="-3"
      id="Tag633"
      unitRef="BRL">838532000</ugp:TradeAndOtherReceivablesGross>
    <ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables
      contextRef="I20211231_LaterThanSixMonthsMember"
      decimals="-3"
      id="Tag1702"
      unitRef="BRL">482572000</ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables>
    <ifrs-full:ExpectedCreditLossRate
      contextRef="I20201231_WeightedAverageMember_LaterThanSixMonthsMember"
      decimals="3"
      id="Tag866"
      unitRef="Pure">0.557</ifrs-full:ExpectedCreditLossRate>
    <ugp:TradeAndOtherReceivablesGross
      contextRef="I20201231_LaterThanSixMonthsMember"
      decimals="-3"
      id="Tag685"
      unitRef="BRL">890756000</ugp:TradeAndOtherReceivablesGross>
    <ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables
      contextRef="I20201231_LaterThanSixMonthsMember"
      decimals="-3"
      id="Tag666"
      unitRef="BRL">495822000</ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables>
    <ugp:TradeAndOtherReceivablesGross
      contextRef="I20211231"
      decimals="-3"
      id="Tag1726"
      unitRef="BRL">4996662000</ugp:TradeAndOtherReceivablesGross>
    <ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables
      contextRef="I20211231"
      decimals="-3"
      id="Tag814"
      unitRef="BRL">559633000</ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables>
    <ugp:TradeAndOtherReceivablesGross
      contextRef="I20201231"
      decimals="-3"
      id="Tag2259"
      unitRef="BRL">4938613000</ugp:TradeAndOtherReceivablesGross>
    <ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables
      contextRef="I20201231"
      decimals="-3"
      id="Tag307"
      unitRef="BRL">579107000</ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables>
    <ugp:DisclosureOfAllowanceForDoubtfulAccountsOnTradeReceivablesByGeographicAreaExplanatoryTextBlock contextRef="D20211231_3" id="Tag567">
&lt;div id="Normadiv525" style="font-family: 'times new roman', times; font-size: 10pt;"&gt;
&lt;div&gt;
&lt;div&gt;
&lt;div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The information about &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;loss allowance for expected credit losses&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; balances by geographic area are as follows:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;table cellpadding="0" style="height: 120px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.33745%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.02881%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.02881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Brazil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 559,532 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.33745%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 568,461 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; United States of America and Canada &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.33745%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,146 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.02881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Other Latin America countries &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 15 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.33745%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 271 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Europe &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 66 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.33745%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 9,120 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.02881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Others &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 17 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.33745%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 109 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.02881%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 559,633 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.33745%; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; width: 1.02881%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 579,107 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.02881%; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
</ugp:DisclosureOfAllowanceForDoubtfulAccountsOnTradeReceivablesByGeographicAreaExplanatoryTextBlock>
    <ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables
      contextRef="I20211231_BR"
      decimals="-3"
      id="Tag1055"
      unitRef="BRL">559532000</ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables>
    <ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables
      contextRef="I20201231_BR"
      decimals="-3"
      id="Tag826"
      unitRef="BRL">568461000</ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables>
    <ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables
      contextRef="I20211231_UnitedStatesOfAmericaAndCanadaMember"
      decimals="-3"
      id="Tag1768"
      unitRef="BRL">3000</ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables>
    <ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables
      contextRef="I20201231_UnitedStatesOfAmericaAndCanadaMember"
      decimals="-3"
      id="Tag1194"
      unitRef="BRL">1146000</ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables>
    <ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables
      contextRef="I20211231_OtherLatinAmericanCountriesMember"
      decimals="-3"
      id="Tag335"
      unitRef="BRL">15000</ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables>
    <ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables
      contextRef="I20201231_OtherLatinAmericanCountriesMember"
      decimals="-3"
      id="Tag1800"
      unitRef="BRL">271000</ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables>
    <ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables
      contextRef="I20211231_EuropeMember"
      decimals="-3"
      id="Tag1513"
      unitRef="BRL">66000</ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables>
    <ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables
      contextRef="I20201231_EuropeMember"
      decimals="-3"
      id="Tag623"
      unitRef="BRL">9120000</ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables>
    <ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables
      contextRef="I20211231_OtherRegionsMember"
      decimals="-3"
      id="Tag1510"
      unitRef="BRL">17000</ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables>
    <ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables
      contextRef="I20201231_OtherRegionsMember"
      decimals="-3"
      id="Tag5726"
      unitRef="BRL">109000</ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables>
    <ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables
      contextRef="I20211231"
      decimals="-3"
      id="Tag201"
      unitRef="BRL">559633000</ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables>
    <ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables
      contextRef="I20201231"
      decimals="-3"
      id="Tag1477"
      unitRef="BRL">579107000</ugp:AllowancesForDoubfulAccountsOnTradeReceivablesAndOtherReceivables>
    <ifrs-full:DisclosureOfDerivativeFinancialInstrumentsExplanatory contextRef="D20211231_3" id="Tag6872">
&lt;div id="Normadiv526" style="font-family: 'times new roman', times; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The table below shows the positions of derivative financial instruments to hedge commodity price risk at December 3&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;, &lt;span style="border-left: none; border-right: none;"&gt;202&lt;/span&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;:&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;div style="border-left: none; border-right: none;"&gt;
&lt;table cellpadding="0" style="height: 71px; border-collapse: collapse; margin: 0px 0px 0px 0.1px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 8.26245%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Derivative &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.45808%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="5" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 23.6938%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Contract &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; width: 1.57959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 19.4411%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 8pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;Notional amount (m &lt;span style="font-size: 7pt;"&gt;&lt;sup&gt;3&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;)&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; width: 1.21507%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; width: 1.57959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 19.4411%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Notional amount (USD thousands) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; width: 1.09356%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; width: 1.57959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 19.5626%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Fair value (R$ thousands) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; width: 1.09356%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 8.26245%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.45808%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.68287%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Position &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.45808%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.68287%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Product &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.45808%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.41191%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Maturity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.57959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 8.38396%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.09356%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.57959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 8.38396%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.21507%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.57959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 8.38396%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.09356%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.57959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 8.38396%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.09356%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.57959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 8.50547%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.09356%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.45808%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 8.50547%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.09356%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 8.26245%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Term &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.45808%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 6.68287%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Sold &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.45808%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 6.68287%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Heating Oil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.45808%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.41191%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; jan-22 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.57959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 8.38396%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 167,255 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.09356%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.57959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 8.38396%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 108,429 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.21507%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.57959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 8.38396%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 103,148 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.09356%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.57959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 8.38396%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 42,399 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.09356%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.57959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 8.50547%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 2,269 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.09356%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.45808%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 8.50547%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (563 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.09356%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 8.26245%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Term &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.45808%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.68287%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Sold &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.45808%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 6.68287%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; RBOB &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.45808%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 7.41191%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; jan-22 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; width: 1.57959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.38396%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 29,413 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.09356%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.38396%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.21507%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.38396%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 17,112 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.09356%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.38396%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.09356%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.57959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.50547%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (967 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.09356%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.45808%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 8.50547%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.09356%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8.26245%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45808%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.68287%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45808%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 6.68287%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45808%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 7.41191%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; padding: 0px; background-color: #cceeff; width: 8.38396%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 17px; background-color: #cceeff; width: 1.09356%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; padding: 0px; background-color: #cceeff; width: 8.38396%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 17px; background-color: #cceeff; width: 1.21507%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; padding: 0px; background-color: #cceeff; width: 8.38396%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 17px; background-color: #cceeff; width: 1.09356%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 17px; padding: 0px; background-color: #cceeff; width: 8.38396%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding: 0px; height: 17px; background-color: #cceeff; width: 1.09356%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.57959%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; width: 8.50547%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 1,302 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.09356%; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.45808%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; width: 8.50547%; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (563 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.09356%; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;/div&gt;
</ifrs-full:DisclosureOfDerivativeFinancialInstrumentsExplanatory>
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    <ifrs-full:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue
      contextRef="I20211231_CommodityPriceRiskMember"
      decimals="-3"
      id="Tag1029"
      unitRef="BRL">1302000</ifrs-full:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue>
    <ifrs-full:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue
      contextRef="I20201231_CommodityPriceRiskMember"
      decimals="-3"
      id="Tag1714"
      unitRef="BRL">-563000</ifrs-full:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue>
    <ifrs-full:Borrowings
      contextRef="I20211231_LaterThanOneYearMember"
      decimals="-3"
      id="Tag883"
      unitRef="BRL">3605377000</ifrs-full:Borrowings>
    <ugp:InvestmentPlan
      contextRef="I20211231"
      decimals="-3"
      id="Tag1155"
      unitRef="BRL">1883839000</ugp:InvestmentPlan>
    <ugp:CashCashEquivalentsAndShortTermFinancialInvestments
      contextRef="I20211231"
      decimals="-3"
      id="Tag504"
      unitRef="BRL">4084196000</ugp:CashCashEquivalentsAndShortTermFinancialInvestments>
    <ifrs-full:MaturityAnalysisForDerivativeFinancialLiabilities contextRef="D20211231_3" id="Tag1867">
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;div id="Normadiv527" style="font-family: 'times new roman', times; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The table below presents a summary of financial liabilities as of December 3&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;, &lt;span style="border-left: none; border-right: none;"&gt;20&lt;/span&gt;&lt;span style="border-left: none; border-right: none;"&gt;2&lt;/span&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt; by the Company and its subsidiaries, listed by maturity. The amounts disclosed in this table are the contractual undiscounted cash outflows, and, therefore, these amounts &#x200b;&#x200b;may be different from the amounts disclosed on the balance sheet.&#160;&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;table cellpadding="0" style="height: 50px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Financial liabilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; Less than &lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt; year &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; Between 1 and 3 years &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; Between 3 and 5 years &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; More than 5 years &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 31%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;Loans including future contractual interest &lt;span style="font-size: 9pt;"&gt;&lt;sup&gt;(1) (2)&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 19,825,386 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,605,377 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 5,081,235 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 4,237,708 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 6,901,066 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;Currency and interest rate hedging instruments&lt;span style="font-size: 9pt;"&gt;&lt;sup&gt; (3)&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 747,861 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 214,846 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 272,208 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 169,274 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 91,533 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Trade payables &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 5,789,954 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 5,789,954 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Leases payable &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,145,602 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 304,007 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 505,547 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 370,828 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 965,220 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-left: none; border-right: none;"&gt;
&lt;table style="width: 100%; margin: 0px; font-family: 'times new roman'; font-size: 10pt; text-indent: 0px; height: 78px;"&gt;
&lt;tbody&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="width: 1%; text-align: justify; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top; height: 10px;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(&lt;/span&gt;&lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt;&lt;span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="width: 99%; text-align: justify; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top; height: 10px;" valign="top"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;To calculate the estimated interest on loans some macroeconomic assumptions were used, including&#160;averaging&#160;for the period&#160;the following:&#160;(i) DI of&#160;11.74%&#160;to&#160;2022&#160;and&#160;10.32%&#160;to&#160;2023;&#160;(ii) exchange rate of the&#160;Real&#160;against the U.S. dollar of&#160;R$&#160;5.75&#160;in&#160;2022, R$&#160;5.45&#160;in&#160;2023, R$&#160;5.10&#160;in&#160;2024&#160;and R$&#160;4.90&#160;as from&#160;2025;&#160;(iii) TJLP of&#160;6.08%;&#160;(iv) IPCA of&#160;5.11% in&#160;2022,&#160;3.32%&#160;in&#160;2023,&#160;3.1% in&#160;2024&#160;and&#160;3.0% as from&#160;2025.&#160;(source:&#160;B3, Bulletin Focus and financial institutions).&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="text-align: justify; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top; height: 17px;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(&lt;/span&gt;&lt;span style="border-left: none; border-right: none;"&gt;2&lt;/span&gt;&lt;span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="text-align: justify; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top; height: 17px;" valign="top"&gt;&#160;Includes estimated interest payments on short-term and long-term loans until the payment date.&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 51px;"&gt;
&lt;td style="text-align: justify; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top; height: 51px;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(&lt;/span&gt;&lt;span style="border-left: none; border-right: none;"&gt;3&lt;/span&gt;&lt;span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="text-align: justify; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: top; height: 51px;" valign="top"&gt;The currency and interest rate hedging instruments were estimated based on projected U.S dollar futures contracts and the futures curves&#160;of DI x prefixed rate and&#160;DI&#160;x IPCA&#160;contracts&#160;quoted on&#160;B3&#160;on&#160;December&#160;31,&#160;2021&#160;and on the futures curve of&#160;LIBOR&#160;(ICE&#160;&#x2013;&#160;Intercontinental&#160;Exchange)&#160;and commodities heating oil&#160;contracts quoted on&#160;New York Mercantile Exchange&#160;(&#x201c;NYMEX&#x201d;)&#160;on&#160;December 31,&#160;2021. In the table above, only the hedging instruments with negative results&#160;at the time of settlement were considered.&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
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&lt;div style="border-right: none; border-left: none;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The table below summarizes the position of hedging instruments entered by the Company and its subsidiaries:&#160;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; text-decoration: underline;"&gt;Designated as hedge accounting&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;table cellpadding="0" style="height: 0px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px; margin-left: 0.1px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 14px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 14px; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Product &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 14px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Hedged object &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="2" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Rates agreement &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Maturity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Note &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-size: 8pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;Notional amount &lt;sup&gt;1&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 14px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Fair value &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 14px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Liabilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; background-color: #cceeff; width: 17%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Foreign exchange swap &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 9%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Debt &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 9%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; USD + 4.65 % &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 9%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 104.87% DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 7%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; sep-23 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 5%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 33.h.1 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 9%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; USD 125,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 9%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; USD 185,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 7%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 212,510 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 7%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 298,889 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Foreign exchange swap &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Debt &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; USD + LIBOR-3M + 1.14% &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 105.00% DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; jun-22 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 33.h.1 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; USD 50,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; USD 50,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 109,332 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 94,782 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 18px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Interest rate swap &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Debt &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 4.59% + IPCA &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 102.00% DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; sep-28 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 33.h.1 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; R$ 2,266,054 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; R$ 806,054 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 166,468 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 203,837 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Interest rate swap &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Debt &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 6.47% &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 99.94% DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; nov-24 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 33.h.1 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; R$ 90,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; R$ 90,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (9,044 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 3,498 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Term&#160;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Firm commitments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; BRL &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Heating Oil &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; jan-22 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 33.h.1 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; USD 120,260 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; USD 42,399 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 1,302 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (563 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; NDF &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Firm commitments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; BRL &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; USD &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; jan-22 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 33.h.1 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; USD 68,361 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; USD 23,124 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; padding: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 5,702 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (733 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 486,270 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 599,710 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;div id="Normadiv528" style="font-family: 'times new roman', times; font-size: 10pt;"&gt;
&lt;div&gt;
&lt;div&gt;
&lt;div&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold; text-decoration: underline;"&gt;Not designated as hedge accounting&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;table cellpadding="0" style="height: 0px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px; margin-left: 0.1px;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Product &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Hedged object &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="2" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Rates agreement &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Maturity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt;Notional amount &lt;sup&gt;1&lt;/sup&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="4" style="padding-right: 0px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000; padding-left: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Fair value &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-right: 0px; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 10px; padding-left: 0px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Assets &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Liabilities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 17%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Foreign exchange swap &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 10%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Debt &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 10%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; USD + 0.18% &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 10%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 55.5% DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 8%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 9%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 9%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; USD 320,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 8%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 8%;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 300,000519,260 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; NDF &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Firm commitments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; USD &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; BRL &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; jun-22 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; USD 625,762 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; USD 378,550 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; padding: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 3,463 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (112,152 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 13px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 13px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Interest rate swap &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 13px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Debt &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2.67% &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 100% DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 13px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; R$ 1,300,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 13px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 13px; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 13px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 13px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (5 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 13px; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Interest rate swap&#160;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Debt &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 5.25% &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; DI - 1.36% &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; jun-29 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; USD 300,000&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; padding: 0px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (126,752 &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
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&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
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&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
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&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
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&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; (123,289 &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"&gt;
&lt;p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
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&lt;p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"&gt;&lt;span&gt; 407,103 &lt;/span&gt;&lt;/p&gt;
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&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"&gt;&lt;br/&gt;&lt;/td&gt;
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&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;div id="Normadiv529" style="font-family: 'times new roman', times; font-size: 10pt;"&gt;
&lt;div&gt;
&lt;div&gt;
&lt;div&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;&lt;sup&gt;&lt;span&gt;(1) &lt;/span&gt;&lt;/sup&gt;Currency as indicated.&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
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      contextRef="D20211231_NotDesignatedAsHedgeAccountingMember_InterestRateSwapContractMember"
      id="Tag2034">100% DI</ugp:LiabilitiesInterestRateBasis>
    <ifrs-full:BorrowingsMaturity
      contextRef="D20211231_NotDesignatedAsHedgeAccountingMember_InterestRateSwapContractMember"
      id="Tag783"
      xsi:nil="true"/>
    <ifrs-full:NotionalAmount
      contextRef="I20211231_NotDesignatedAsHedgeAccountingMember_InterestRateSwapContractMember"
      id="Tag345"
      unitRef="BRL"
      xsi:nil="true"/>
    <ifrs-full:NotionalAmount
      contextRef="I20201231_NotDesignatedAsHedgeAccountingMember_InterestRateSwapContractMember"
      decimals="-3"
      id="Tag796"
      unitRef="BRL">1300000000</ifrs-full:NotionalAmount>
    <ifrs-full:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue
      contextRef="I20211231_NotDesignatedAsHedgeAccountingMember_InterestRateSwapContractMember"
      id="Tag197"
      unitRef="BRL"
      xsi:nil="true"/>
    <ifrs-full:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue
      contextRef="I20201231_NotDesignatedAsHedgeAccountingMember_InterestRateSwapContractMember"
      decimals="-3"
      id="Tag634"
      unitRef="BRL">-5000</ifrs-full:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue>
    <ugp:AssetsInterestRateBasis
      contextRef="D20211231_NotDesignatedAsHedgeAccountingMember_InterestRateSwapContractOneMember"
      id="Tag1187">5.25%</ugp:AssetsInterestRateBasis>
    <ugp:LiabilitiesInterestRateBasis
      contextRef="D20211231_NotDesignatedAsHedgeAccountingMember_InterestRateSwapContractOneMember"
      id="Tag635">DI - 1.36%</ugp:LiabilitiesInterestRateBasis>
    <ifrs-full:BorrowingsMaturity
      contextRef="D20211231_NotDesignatedAsHedgeAccountingMember_InterestRateSwapContractOneMember"
      id="Tag784">jun-29</ifrs-full:BorrowingsMaturity>
    <ifrs-full:NotionalAmount
      contextRef="I20211231_NotDesignatedAsHedgeAccountingMember_InterestRateSwapContractOneMember"
      decimals="-3"
      id="Tag837"
      unitRef="USD">300000000</ifrs-full:NotionalAmount>
    <ifrs-full:NotionalAmount
      contextRef="I20201231_NotDesignatedAsHedgeAccountingMember_InterestRateSwapContractOneMember"
      id="Tag501"
      unitRef="USD"
      xsi:nil="true"/>
    <ifrs-full:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue
      contextRef="I20211231_NotDesignatedAsHedgeAccountingMember_InterestRateSwapContractOneMember"
      decimals="-3"
      id="Tag1745"
      unitRef="BRL">-126752000</ifrs-full:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue>
    <ifrs-full:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue
      contextRef="I20201231_NotDesignatedAsHedgeAccountingMember_InterestRateSwapContractOneMember"
      id="Tag644"
      unitRef="BRL"
      xsi:nil="true"/>
    <ifrs-full:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue
      contextRef="I20211231_NotDesignatedAsHedgeAccountingMember"
      decimals="-3"
      id="Tag825"
      unitRef="BRL">-123289000</ifrs-full:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue>
    <ifrs-full:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue
      contextRef="I20201231_NotDesignatedAsHedgeAccountingMember"
      decimals="-3"
      id="Tag694"
      unitRef="BRL">407103000</ifrs-full:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue>
    <ifrs-full:DisclosureOfDetailedInformationAboutHedgesExplanatory contextRef="D20211231_3" id="Tag528">
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;div id="Normadiv530" style="font-family: 'times new roman', times; font-size: 10pt;"&gt;
&lt;div&gt;
&lt;div&gt;
&lt;div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The foreign exchange hedging instruments designated as fair value hedge are:&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;table cellpadding="0" style="height: 102px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; In thousands, except the DI % &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 73%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Notional amount &#x2013; US$ &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 175,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 235,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Result of hedging instruments &#x2013; gain/(loss) &#x2013; R$ &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 21,812 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 574,378 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Fair value adjustment of debt &#x2013; R$ &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 47,064 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (13,131 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Finance expense in the statements of profit or loss &#x2013; R$ &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (105,059 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (597,735 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; Average effective cost &#x2013; DI % &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 104.9 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 104.1 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span&gt;For more information, see Note 17.c.1.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The interest rate hedging instruments designated as fair value hedge are:&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;table cellpadding="0" style="height: 102px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; In thousands, except the DI % &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 73%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Notional amount &#x2013; US$ &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,226,054 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 806,054 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Result of hedging instruments &#x2013; gain/(loss) &#x2013; R$&#160;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (17,922 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 67,446 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Fair value adjustment of debt &#x2013; R$ &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 166,374 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (18,446 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Finance expense in the statements of profit or loss &#x2013; R$ &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (245,710 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (99,555 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Average effective cost &#x2013; DI % &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 102.0 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 95.8 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;div id="Normadiv531" style="font-family: 'times new roman', times; font-size: 10pt;"&gt;
&lt;div&gt;
&lt;div&gt;
&lt;div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span&gt;For more information, see Notes 17.f.2, 17.f.4, 17.f.6, 17.f.8, 17.f.9 and f.10.&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;table cellpadding="0" style="height: 102px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; In thousands, except the DI % &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 73%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Notional amount &#x2013; US$ &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 90,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 90,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Result of hedging instruments &#x2013; gain/(loss) &#x2013; R$ &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (10,088 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 6,528 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Fair value adjustment of debt &#x2013; R$ &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 11,756 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,250 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Finance expense in the statements of profit or loss &#x2013; R$ &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (5,914 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (8,968 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Average effective cost &#x2013; DI % &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 99.9 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 99.9 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;For more information, see Note &lt;/span&gt;&lt;span&gt;17&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;f&lt;/span&gt;&lt;span&gt;.7.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;table cellpadding="0" style="height: 54px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80.0001%; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; In thousands &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 73%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Notional amount &#x2013; US$ &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 188,621 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 65,523 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Result of hedging instruments &#x2013; gain/(loss) &#x2013; R$ &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (129,670 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (87,448 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Fair value adjustment of inventories &#x2013; R$ &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (4,352 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 18,468 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
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&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;The following tables summarize the value of gains (losses) recognized, which affected the equity of the Company and its subsidiaries:&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;table cellpadding="0" style="height: 112px; border-collapse: collapse; margin-left: auto; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="4" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 26.1317%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Profit (loss)&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.13169%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Equity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 72.7366%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; a &#x2013; Currency swaps&#160;receivable in U.S. dollars (i) and (ii) and commodities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9342%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (205,680 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.02881%; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13169%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12.037%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.02881%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; b &#x2013; Interest rate swaps in R$ (iii) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (101,488 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.02881%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.13169%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; c &#x2013; Non-derivative financial instruments (iv) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9342%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 21,547 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.02881%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.13169%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (753,655 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.02881%; background-color: #cceeff;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (285,621 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.02881%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.13169%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (753,655 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.02881%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;table cellpadding="0" style="height: 92px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="4" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 26.1317%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Profit (loss)&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.13169%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Equity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 72.7366%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; a &#x2013; Currency swaps&#160;receivable in U.S. dollars (i) and (ii) and commodities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9342%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 497,210 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.02881%; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13169%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12.037%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; width: 1.02881%; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; b &#x2013; Currency swaps&#160;payable in U.S. dollars (ii) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (330,999 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.02881%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13169%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 80 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; c &#x2013; Interest rate swaps in R$ (iii) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 58,131 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.13169%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; d &#x2013; Non-derivative financial instruments (iv) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (919,219 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.02881%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13169%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (737,471 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.02881%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 18px; background-color: #cceeff; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (694,877 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.02881%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.13169%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (737,391 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; width: 1.02881%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;table cellpadding="0" style="height: 112px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 80%; margin-left: auto; margin-right: auto;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="4" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000; width: 26.1317%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2019 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Profit or loss &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.13169%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Equity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 72.7366%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; a &#x2013; Currency swaps&#160;receivable in U.S. dollars (i) and (ii) and commodities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 11.9342%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 230,000 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1.02881%; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.13169%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 12.037%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.02881%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; b &#x2013; Currency swaps&#160;payable in U.S. dollars (ii) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (1,667 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.13169%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (80 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; c &#x2013; Interest rate swaps in R$ (iii) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (4,035 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.13169%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; d &#x2013; Non-derivative financial instruments (iv) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (262,098 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.13169%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (348,959 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.02881%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 72.7366%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 11.9342%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (37,800 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;"&gt;)&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.13169%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 12.037%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (349,039 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.02881%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-left: none; border-right: none;"&gt;
&lt;table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;"&gt;
&lt;tbody&gt;
&lt;tr&gt;
&lt;td style="width: 1%; vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(i)&lt;/span&gt;&lt;/td&gt;
&lt;td style="width: 98%; vertical-align: top;" valign="top"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;D&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;oes not consider the effect of exchange rate variation of exchange&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;S&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;waps receivable in U&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;S&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;dollars when this effect is offset in the gain or loss of the hedged item (debt&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;/&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;firm commitments&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td style="vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(ii)&lt;/span&gt;&lt;/td&gt;
&lt;td style="vertical-align: top;" valign="top"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;Considers the designation effect of foreign exchange hedging&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td style="vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(iii)&lt;/span&gt;&lt;/td&gt;
&lt;td style="vertical-align: top;" valign="top"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;C&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;onsiders&#160;the designation effect of interest rate hedging in Brazilian&#160;Reais&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;; and&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td style="vertical-align: top;" valign="top"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(iv)&lt;/span&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: top;" valign="top"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -9.46667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"&gt;Considers the&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;results&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;of notes in&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;foreign market&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;(for&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;more&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;information see Note&#160;&lt;/span&gt;&lt;span&gt;17&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.b).&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
</ugp:SummaryOfValueOfGainsLossesRecognizedTableTextBlock>
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&lt;div style="border-right: none; border-left: none;"&gt;
&lt;div id="Normadiv534" style="font-family: 'times new roman', times; font-size: 10pt;"&gt;
&lt;div&gt;
&lt;div&gt;
&lt;div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The fair values and the carrying values of the financial instruments, including currency and interest rate hedging instruments, are&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;stated below:&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 11pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;table cellpadding="0" style="height: 306px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="4" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; border-bottom: 1pt solid #000000; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td colspan="4" style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 20px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Category &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Note &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Carrying value &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Fair value &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Carrying value &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Fair value &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 20px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 30%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Financial assets: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 26%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 5%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 8%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Cash and cash equivalents &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Cash and bank &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at amortized cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt;5.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 334,547 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 334,547 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 405,081 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 405,081 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Financial investments in local currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through other comprehensive income &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt;5.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,943,164 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,943,164 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,241,852 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,241,852 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Financial investments in foreign currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through profit or loss &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt;5.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,363 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,363 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 14,561 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 14,561 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Financial investments: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Fixed-income securities and funds in local currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through profit or loss &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt;5.b &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,607,608 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,607,608 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,643,286 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,643,286 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Fixed-income securities and funds in local currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through other comprehensive income &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt;5.b &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 31,315 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 31,315 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Fixed-income securities (guarantee of loans) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at amortized cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt;5.b &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 75,251 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 75,251 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Fixed-income securities and funds in foreign currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through other comprehensive income &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt;5.b &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 103,239 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 103,239 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,278,940 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,278,940 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Currency and interest rate hedging and commodities instruments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through profit or loss &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt;5.b &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 472,552 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 472,552 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 981,874 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 981,874 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Trade Receivables &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at amortized cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt;6.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,438,995 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,367,012 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,391,122 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,369,766 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Reseller Financing &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at amortized cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt;6.b &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 998,034 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 992,359 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 968,384 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 965,645 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 8,900,502 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 8,822,844 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 13,031,666 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 13,007,571 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Financial liabilities: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Financing &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through profit or loss &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 17.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,011,374 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,011,374 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,308,928 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,308,928 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Financing &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at amortized cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 17.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 8,082,323 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 8,380,088 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 9,406,013 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 10,186,947 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Debentures &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at amortized cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 17.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 4,599,525 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 4,529,439 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 5,450,751 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 5,363,621 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Debentures &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through profit or loss &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 17.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,487,244 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,487,244 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,093,365 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,093,365 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Leases payable &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at amortized cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 14 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,348,311 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,348,311 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,833,288 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,833,288 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Commodities, currency and interest rate hedging instruments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through profit or loss &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 17.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 197,177 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 197,177 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 117,159 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 117,159 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Trade payables &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at amortized cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 18 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 5,789,954 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 5,727,724 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 4,040,652 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 4,008,457 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Subscription warrants &#x2013; indemnification &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through profit or loss &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 25 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 51,296 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 51,296 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 86,439 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 86,439 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 23,567,204 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 23,732,653 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 23,336,595 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 23,998,204 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
</ifrs-full:DisclosureOfFairValueOfFinancialInstrumentsExplanatory>
    <ugp:CategoryOfFinancialAssetsAndLiabilities
      contextRef="D20211231_CashAndBankDepositsMember"
      id="Tag332">Measured at amortized cost</ugp:CategoryOfFinancialAssetsAndLiabilities>
    <ifrs-full:FinancialAssets
      contextRef="I20211231_CashAndBankDepositsMember"
      decimals="-3"
      id="Tag619"
      unitRef="BRL">334547000</ifrs-full:FinancialAssets>
    <ifrs-full:FinancialAssetsAtFairValue
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      decimals="-3"
      id="Tag6807"
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    <ifrs-full:FinancialAssets
      contextRef="I20201231_CashAndBankDepositsMember"
      decimals="-3"
      id="Tag557"
      unitRef="BRL">405081000</ifrs-full:FinancialAssets>
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      contextRef="I20201231_CashAndBankDepositsMember"
      decimals="-3"
      id="Tag2037"
      unitRef="BRL">405081000</ifrs-full:FinancialAssetsAtFairValue>
    <ugp:CategoryOfFinancialAssetsAndLiabilities
      contextRef="D20211231_FinancialInvestmentsLocalCurrencyMember"
      id="Tag1691">Measured at fair value through other comprehensive income</ugp:CategoryOfFinancialAssetsAndLiabilities>
    <ifrs-full:FinancialAssets
      contextRef="I20211231_FinancialInvestmentsLocalCurrencyMember"
      decimals="-3"
      id="Tag686"
      unitRef="BRL">1943164000</ifrs-full:FinancialAssets>
    <ifrs-full:FinancialAssetsAtFairValue
      contextRef="I20211231_FinancialInvestmentsLocalCurrencyMember"
      decimals="-3"
      id="Tag334"
      unitRef="BRL">1943164000</ifrs-full:FinancialAssetsAtFairValue>
    <ifrs-full:FinancialAssets
      contextRef="I20201231_FinancialInvestmentsLocalCurrencyMember"
      decimals="-3"
      id="Tag716"
      unitRef="BRL">2241852000</ifrs-full:FinancialAssets>
    <ifrs-full:FinancialAssetsAtFairValue
      contextRef="I20201231_FinancialInvestmentsLocalCurrencyMember"
      decimals="-3"
      id="Tag1706"
      unitRef="BRL">2241852000</ifrs-full:FinancialAssetsAtFairValue>
    <ugp:CategoryOfFinancialAssetsAndLiabilities
      contextRef="D20211231_FinancialInvestmentsForeignCurrencyMember"
      id="Tag699">Measured at fair value through profit or loss</ugp:CategoryOfFinancialAssetsAndLiabilities>
    <ifrs-full:FinancialAssets
      contextRef="I20211231_FinancialInvestmentsForeignCurrencyMember"
      decimals="-3"
      id="Tag3454"
      unitRef="BRL">2363000</ifrs-full:FinancialAssets>
    <ifrs-full:FinancialAssetsAtFairValue
      contextRef="I20211231_FinancialInvestmentsForeignCurrencyMember"
      decimals="-3"
      id="Tag6777"
      unitRef="BRL">2363000</ifrs-full:FinancialAssetsAtFairValue>
    <ifrs-full:FinancialAssets
      contextRef="I20201231_FinancialInvestmentsForeignCurrencyMember"
      decimals="-3"
      id="Tag1502"
      unitRef="BRL">14561000</ifrs-full:FinancialAssets>
    <ifrs-full:FinancialAssetsAtFairValue
      contextRef="I20201231_FinancialInvestmentsForeignCurrencyMember"
      decimals="-3"
      id="Tag688"
      unitRef="BRL">14561000</ifrs-full:FinancialAssetsAtFairValue>
    <ugp:CategoryOfFinancialAssetsAndLiabilities
      contextRef="D20211231_FixedIncomeSecuritiesLocalCurrency1Member"
      id="Tag630">Measured at fair value through profit or loss</ugp:CategoryOfFinancialAssetsAndLiabilities>
    <ifrs-full:FinancialAssets
      contextRef="I20211231_FixedIncomeSecuritiesLocalCurrency1Member"
      decimals="-3"
      id="Tag336"
      unitRef="BRL">1607608000</ifrs-full:FinancialAssets>
    <ifrs-full:FinancialAssetsAtFairValue
      contextRef="I20211231_FixedIncomeSecuritiesLocalCurrency1Member"
      decimals="-3"
      id="Tag637"
      unitRef="BRL">1607608000</ifrs-full:FinancialAssetsAtFairValue>
    <ifrs-full:FinancialAssets
      contextRef="I20201231_FixedIncomeSecuritiesLocalCurrency1Member"
      decimals="-3"
      id="Tag5146"
      unitRef="BRL">3643286000</ifrs-full:FinancialAssets>
    <ifrs-full:FinancialAssetsAtFairValue
      contextRef="I20201231_FixedIncomeSecuritiesLocalCurrency1Member"
      decimals="-3"
      id="Tag1064"
      unitRef="BRL">3643286000</ifrs-full:FinancialAssetsAtFairValue>
    <ugp:CategoryOfFinancialAssetsAndLiabilities
      contextRef="D20211231_FixedIncomeSecuritiesLocalCurrency2Member"
      id="Tag6776">Measured at fair value through other comprehensive income</ugp:CategoryOfFinancialAssetsAndLiabilities>
    <ifrs-full:FinancialAssets
      contextRef="I20211231_FixedIncomeSecuritiesLocalCurrency2Member"
      id="Tag195"
      unitRef="BRL"
      xsi:nil="true"/>
    <ifrs-full:FinancialAssetsAtFairValue
      contextRef="I20211231_FixedIncomeSecuritiesLocalCurrency2Member"
      id="Tag1786"
      unitRef="BRL"
      xsi:nil="true"/>
    <ifrs-full:FinancialAssets
      contextRef="I20201231_FixedIncomeSecuritiesLocalCurrency2Member"
      decimals="-3"
      id="Tag845"
      unitRef="BRL">31315000</ifrs-full:FinancialAssets>
    <ifrs-full:FinancialAssetsAtFairValue
      contextRef="I20201231_FixedIncomeSecuritiesLocalCurrency2Member"
      decimals="-3"
      id="Tag5754"
      unitRef="BRL">31315000</ifrs-full:FinancialAssetsAtFairValue>
    <ugp:CategoryOfFinancialAssetsAndLiabilities
      contextRef="D20211231_FixedIncomeSecuritiesLocalCurrency3Member"
      id="Tag6803">Measured at amortized cost</ugp:CategoryOfFinancialAssetsAndLiabilities>
    <ifrs-full:FinancialAssets
      contextRef="I20211231_FixedIncomeSecuritiesLocalCurrency3Member"
      id="Tag1511"
      unitRef="BRL"
      xsi:nil="true"/>
    <ifrs-full:FinancialAssetsAtFairValue
      contextRef="I20211231_FixedIncomeSecuritiesLocalCurrency3Member"
      id="Tag641"
      unitRef="BRL"
      xsi:nil="true"/>
    <ifrs-full:FinancialAssets
      contextRef="I20201231_FixedIncomeSecuritiesLocalCurrency3Member"
      decimals="-3"
      id="Tag324"
      unitRef="BRL">75251000</ifrs-full:FinancialAssets>
    <ifrs-full:FinancialAssetsAtFairValue
      contextRef="I20201231_FixedIncomeSecuritiesLocalCurrency3Member"
      decimals="-3"
      id="Tag203"
      unitRef="BRL">75251000</ifrs-full:FinancialAssetsAtFairValue>
    <ugp:CategoryOfFinancialAssetsAndLiabilities
      contextRef="D20211231_FixedIncomeSecuritiesForeignCurrencyMember"
      id="Tag490">Measured at fair value through other comprehensive income</ugp:CategoryOfFinancialAssetsAndLiabilities>
    <ifrs-full:FinancialAssets
      contextRef="I20211231_FixedIncomeSecuritiesForeignCurrencyMember"
      decimals="-3"
      id="Tag652"
      unitRef="BRL">103239000</ifrs-full:FinancialAssets>
    <ifrs-full:FinancialAssetsAtFairValue
      contextRef="I20211231_FixedIncomeSecuritiesForeignCurrencyMember"
      decimals="-3"
      id="Tag310"
      unitRef="BRL">103239000</ifrs-full:FinancialAssetsAtFairValue>
    <ifrs-full:FinancialAssets
      contextRef="I20201231_FixedIncomeSecuritiesForeignCurrencyMember"
      decimals="-3"
      id="Tag956"
      unitRef="BRL">1278940000</ifrs-full:FinancialAssets>
    <ifrs-full:FinancialAssetsAtFairValue
      contextRef="I20201231_FixedIncomeSecuritiesForeignCurrencyMember"
      decimals="-3"
      id="Tag696"
      unitRef="BRL">1278940000</ifrs-full:FinancialAssetsAtFairValue>
    <ugp:CategoryOfFinancialAssetsAndLiabilities
      contextRef="D20211231_CurrencyInterestRateHedgingInstrumentsMember"
      id="Tag1514">Measured at fair value through profit or loss</ugp:CategoryOfFinancialAssetsAndLiabilities>
    <ifrs-full:FinancialAssets
      contextRef="I20211231_CurrencyInterestRateHedgingInstrumentsMember"
      decimals="-3"
      id="Tag1495"
      unitRef="BRL">472552000</ifrs-full:FinancialAssets>
    <ifrs-full:FinancialAssetsAtFairValue
      contextRef="I20211231_CurrencyInterestRateHedgingInstrumentsMember"
      decimals="-3"
      id="Tag1751"
      unitRef="BRL">472552000</ifrs-full:FinancialAssetsAtFairValue>
    <ifrs-full:FinancialAssets
      contextRef="I20201231_CurrencyInterestRateHedgingInstrumentsMember"
      decimals="-3"
      id="Tag1682"
      unitRef="BRL">981874000</ifrs-full:FinancialAssets>
    <ifrs-full:FinancialAssetsAtFairValue
      contextRef="I20201231_CurrencyInterestRateHedgingInstrumentsMember"
      decimals="-3"
      id="Tag315"
      unitRef="BRL">981874000</ifrs-full:FinancialAssetsAtFairValue>
    <ugp:CategoryOfFinancialAssetsAndLiabilities contextRef="D20211231_TradeReceivablesMember" id="Tag622">Measured at amortized cost</ugp:CategoryOfFinancialAssetsAndLiabilities>
    <ifrs-full:FinancialAssets
      contextRef="I20211231_TradeReceivablesMember"
      decimals="-3"
      id="Tag1192"
      unitRef="BRL">3438995000</ifrs-full:FinancialAssets>
    <ifrs-full:FinancialAssetsAtFairValue
      contextRef="I20211231_TradeReceivablesMember"
      decimals="-3"
      id="Tag1794"
      unitRef="BRL">3367012000</ifrs-full:FinancialAssetsAtFairValue>
    <ifrs-full:FinancialAssets
      contextRef="I20201231_TradeReceivablesMember"
      decimals="-3"
      id="Tag678"
      unitRef="BRL">3391122000</ifrs-full:FinancialAssets>
    <ifrs-full:FinancialAssetsAtFairValue
      contextRef="I20201231_TradeReceivablesMember"
      decimals="-3"
      id="Tag830"
      unitRef="BRL">3369766000</ifrs-full:FinancialAssetsAtFairValue>
    <ugp:CategoryOfFinancialAssetsAndLiabilities contextRef="D20211231_ResellerFinancingMember" id="Tag459">Measured at amortized cost</ugp:CategoryOfFinancialAssetsAndLiabilities>
    <ifrs-full:FinancialAssets
      contextRef="I20211231_ResellerFinancingMember"
      decimals="-3"
      id="Tag818"
      unitRef="BRL">998034000</ifrs-full:FinancialAssets>
    <ifrs-full:FinancialAssetsAtFairValue
      contextRef="I20211231_ResellerFinancingMember"
      decimals="-3"
      id="Tag821"
      unitRef="BRL">992359000</ifrs-full:FinancialAssetsAtFairValue>
    <ifrs-full:FinancialAssets
      contextRef="I20201231_ResellerFinancingMember"
      decimals="-3"
      id="Tag1154"
      unitRef="BRL">968384000</ifrs-full:FinancialAssets>
    <ifrs-full:FinancialAssetsAtFairValue
      contextRef="I20201231_ResellerFinancingMember"
      decimals="-3"
      id="Tag646"
      unitRef="BRL">965645000</ifrs-full:FinancialAssetsAtFairValue>
    <ifrs-full:FinancialAssets
      contextRef="I20211231"
      decimals="-3"
      id="Tag677"
      unitRef="BRL">8900502000</ifrs-full:FinancialAssets>
    <ifrs-full:FinancialAssetsAtFairValue
      contextRef="I20211231"
      decimals="-3"
      id="Tag1158"
      unitRef="BRL">8822844000</ifrs-full:FinancialAssetsAtFairValue>
    <ifrs-full:FinancialAssets
      contextRef="I20201231"
      decimals="-3"
      id="Tag1142"
      unitRef="BRL">13031666000</ifrs-full:FinancialAssets>
    <ifrs-full:FinancialAssetsAtFairValue
      contextRef="I20201231"
      decimals="-3"
      id="Tag741"
      unitRef="BRL">13007571000</ifrs-full:FinancialAssetsAtFairValue>
    <ugp:CategoryOfFinancialAssetsAndLiabilities contextRef="D20211231_Financing1Member" id="Tag1679">Measured at fair value through profit or loss</ugp:CategoryOfFinancialAssetsAndLiabilities>
    <ifrs-full:FinancialLiabilities
      contextRef="I20211231_Financing1Member"
      decimals="-3"
      id="Tag627"
      unitRef="BRL">1011374000</ifrs-full:FinancialLiabilities>
    <ifrs-full:FinancialLiabilitiesAtFairValue
      contextRef="I20211231_Financing1Member"
      decimals="-3"
      id="Tag781"
      unitRef="BRL">1011374000</ifrs-full:FinancialLiabilitiesAtFairValue>
    <ifrs-full:FinancialLiabilities
      contextRef="I20201231_Financing1Member"
      decimals="-3"
      id="Tag774"
      unitRef="BRL">1308928000</ifrs-full:FinancialLiabilities>
    <ifrs-full:FinancialLiabilitiesAtFairValue
      contextRef="I20201231_Financing1Member"
      decimals="-3"
      id="Tag1703"
      unitRef="BRL">1308928000</ifrs-full:FinancialLiabilitiesAtFairValue>
    <ugp:CategoryOfFinancialAssetsAndLiabilities contextRef="D20211231_Financing2Member" id="Tag1190">Measured at amortized cost</ugp:CategoryOfFinancialAssetsAndLiabilities>
    <ifrs-full:FinancialLiabilities
      contextRef="I20211231_Financing2Member"
      decimals="-3"
      id="Tag333"
      unitRef="BRL">8082323000</ifrs-full:FinancialLiabilities>
    <ifrs-full:FinancialLiabilitiesAtFairValue
      contextRef="I20211231_Financing2Member"
      decimals="-3"
      id="Tag835"
      unitRef="BRL">8380088000</ifrs-full:FinancialLiabilitiesAtFairValue>
    <ifrs-full:FinancialLiabilities
      contextRef="I20201231_Financing2Member"
      decimals="-3"
      id="Tag842"
      unitRef="BRL">9406013000</ifrs-full:FinancialLiabilities>
    <ifrs-full:FinancialLiabilitiesAtFairValue
      contextRef="I20201231_Financing2Member"
      decimals="-3"
      id="Tag5751"
      unitRef="BRL">10186947000</ifrs-full:FinancialLiabilitiesAtFairValue>
    <ugp:CategoryOfFinancialAssetsAndLiabilities contextRef="D20211231_DebenturesMember" id="Tag943">Measured at amortized cost</ugp:CategoryOfFinancialAssetsAndLiabilities>
    <ifrs-full:FinancialLiabilities
      contextRef="I20211231_DebenturesMember"
      decimals="-3"
      id="Tag869"
      unitRef="BRL">4599525000</ifrs-full:FinancialLiabilities>
    <ifrs-full:FinancialLiabilitiesAtFairValue
      contextRef="I20211231_DebenturesMember"
      decimals="-3"
      id="Tag6802"
      unitRef="BRL">4529439000</ifrs-full:FinancialLiabilitiesAtFairValue>
    <ifrs-full:FinancialLiabilities
      contextRef="I20201231_DebenturesMember"
      decimals="-3"
      id="Tag858"
      unitRef="BRL">5450751000</ifrs-full:FinancialLiabilities>
    <ifrs-full:FinancialLiabilitiesAtFairValue
      contextRef="I20201231_DebenturesMember"
      decimals="-3"
      id="Tag3459"
      unitRef="BRL">5363621000</ifrs-full:FinancialLiabilitiesAtFairValue>
    <ugp:CategoryOfFinancialAssetsAndLiabilities contextRef="D20211231_Debentures1Member" id="Tag312">Measured at fair value through profit or loss</ugp:CategoryOfFinancialAssetsAndLiabilities>
    <ifrs-full:FinancialLiabilities
      contextRef="I20211231_Debentures1Member"
      decimals="-3"
      id="Tag813"
      unitRef="BRL">2487244000</ifrs-full:FinancialLiabilities>
    <ifrs-full:FinancialLiabilitiesAtFairValue
      contextRef="I20211231_Debentures1Member"
      decimals="-3"
      id="Tag320"
      unitRef="BRL">2487244000</ifrs-full:FinancialLiabilitiesAtFairValue>
    <ifrs-full:FinancialLiabilities
      contextRef="I20201231_Debentures1Member"
      decimals="-3"
      id="Tag6795"
      unitRef="BRL">1093365000</ifrs-full:FinancialLiabilities>
    <ifrs-full:FinancialLiabilitiesAtFairValue
      contextRef="I20201231_Debentures1Member"
      decimals="-3"
      id="Tag615"
      unitRef="BRL">1093365000</ifrs-full:FinancialLiabilitiesAtFairValue>
    <ugp:CategoryOfFinancialAssetsAndLiabilities contextRef="D20211231_LeaseLiabilitiesMember" id="Tag6808">Measured at amortized cost</ugp:CategoryOfFinancialAssetsAndLiabilities>
    <ifrs-full:FinancialLiabilities
      contextRef="I20211231_LeaseLiabilitiesMember_1"
      decimals="-3"
      id="Tag833"
      unitRef="BRL">1348311000</ifrs-full:FinancialLiabilities>
    <ifrs-full:FinancialLiabilitiesAtFairValue
      contextRef="I20211231_LeaseLiabilitiesMember_1"
      decimals="-3"
      id="Tag1501"
      unitRef="BRL">1348311000</ifrs-full:FinancialLiabilitiesAtFairValue>
    <ifrs-full:FinancialLiabilities
      contextRef="I20201231_LeaseLiabilitiesMember"
      decimals="-3"
      id="Tag328"
      unitRef="BRL">1833288000</ifrs-full:FinancialLiabilities>
    <ifrs-full:FinancialLiabilitiesAtFairValue
      contextRef="I20201231_LeaseLiabilitiesMember"
      decimals="-3"
      id="Tag1721"
      unitRef="BRL">1833288000</ifrs-full:FinancialLiabilitiesAtFairValue>
    <ugp:CategoryOfFinancialAssetsAndLiabilities
      contextRef="D20211231_CommoditiesCurrencyAndInterestRateHedgingInstrumentsMember"
      id="Tag1151">Measured at fair value through profit or loss</ugp:CategoryOfFinancialAssetsAndLiabilities>
    <ifrs-full:FinancialLiabilities
      contextRef="I20211231_CommoditiesCurrencyAndInterestRateHedgingInstrumentsMember"
      decimals="-3"
      id="Tag1189"
      unitRef="BRL">197177000</ifrs-full:FinancialLiabilities>
    <ifrs-full:FinancialLiabilitiesAtFairValue
      contextRef="I20211231_CommoditiesCurrencyAndInterestRateHedgingInstrumentsMember"
      decimals="-3"
      id="Tag1792"
      unitRef="BRL">197177000</ifrs-full:FinancialLiabilitiesAtFairValue>
    <ifrs-full:FinancialLiabilities
      contextRef="I20201231_CommoditiesCurrencyAndInterestRateHedgingInstrumentsMember"
      decimals="-3"
      id="Tag226"
      unitRef="BRL">117159000</ifrs-full:FinancialLiabilities>
    <ifrs-full:FinancialLiabilitiesAtFairValue
      contextRef="I20201231_CommoditiesCurrencyAndInterestRateHedgingInstrumentsMember"
      decimals="-3"
      id="Tag839"
      unitRef="BRL">117159000</ifrs-full:FinancialLiabilitiesAtFairValue>
    <ugp:CategoryOfFinancialAssetsAndLiabilities contextRef="D20211231_TradePayableMember" id="Tag836">Measured at amortized cost</ugp:CategoryOfFinancialAssetsAndLiabilities>
    <ifrs-full:FinancialLiabilities
      contextRef="I20211231_TradePayableMember"
      decimals="-3"
      id="Tag680"
      unitRef="BRL">5789954000</ifrs-full:FinancialLiabilities>
    <ifrs-full:FinancialLiabilitiesAtFairValue
      contextRef="I20211231_TradePayableMember"
      decimals="-3"
      id="Tag1734"
      unitRef="BRL">5727724000</ifrs-full:FinancialLiabilitiesAtFairValue>
    <ifrs-full:FinancialLiabilities
      contextRef="I20201231_TradePayableMember"
      decimals="-3"
      id="Tag5151"
      unitRef="BRL">4040652000</ifrs-full:FinancialLiabilities>
    <ifrs-full:FinancialLiabilitiesAtFairValue
      contextRef="I20201231_TradePayableMember"
      decimals="-3"
      id="Tag924"
      unitRef="BRL">4008457000</ifrs-full:FinancialLiabilitiesAtFairValue>
    <ugp:CategoryOfFinancialAssetsAndLiabilities
      contextRef="D20211231_SubscriptionWarrantsIndemnificationMember"
      id="Tag340">Measured at fair value through profit or loss</ugp:CategoryOfFinancialAssetsAndLiabilities>
    <ifrs-full:FinancialLiabilities
      contextRef="I20211231_SubscriptionWarrantsIndemnificationMember"
      decimals="-3"
      id="Tag1761"
      unitRef="BRL">51296000</ifrs-full:FinancialLiabilities>
    <ifrs-full:FinancialLiabilitiesAtFairValue
      contextRef="I20211231_SubscriptionWarrantsIndemnificationMember"
      decimals="-3"
      id="Tag844"
      unitRef="BRL">51296000</ifrs-full:FinancialLiabilitiesAtFairValue>
    <ifrs-full:FinancialLiabilities
      contextRef="I20201231_SubscriptionWarrantsIndemnificationMember"
      decimals="-3"
      id="Tag325"
      unitRef="BRL">86439000</ifrs-full:FinancialLiabilities>
    <ifrs-full:FinancialLiabilitiesAtFairValue
      contextRef="I20201231_SubscriptionWarrantsIndemnificationMember"
      decimals="-3"
      id="Tag7311"
      unitRef="BRL">86439000</ifrs-full:FinancialLiabilitiesAtFairValue>
    <ifrs-full:FinancialLiabilities
      contextRef="I20211231"
      decimals="-3"
      id="Tag904"
      unitRef="BRL">23567204000</ifrs-full:FinancialLiabilities>
    <ifrs-full:FinancialLiabilitiesAtFairValue
      contextRef="I20211231"
      decimals="-3"
      id="Tag502"
      unitRef="BRL">23732653000</ifrs-full:FinancialLiabilitiesAtFairValue>
    <ifrs-full:FinancialLiabilities
      contextRef="I20201231"
      decimals="-3"
      id="Tag700"
      unitRef="BRL">23336595000</ifrs-full:FinancialLiabilities>
    <ifrs-full:FinancialLiabilitiesAtFairValue
      contextRef="I20201231"
      decimals="-3"
      id="Tag885"
      unitRef="BRL">23998204000</ifrs-full:FinancialLiabilitiesAtFairValue>
    <ifrs-full:DisclosureOfFairValueMeasurementExplanatory contextRef="D20211231_3" id="Tag7844">
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;The table below shows the categories of the financial assets and financial liabilities:&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;table cellpadding="0" style="height: 237px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; border-style: none;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 34.2857%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 30.4348%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Category &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 4.96894%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Note &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.11801%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Level &lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 7.82609%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Level &lt;span style="border-left: none; border-right: none;"&gt;2&lt;/span&gt; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Financial assets: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Cash and cash equivalents &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Cash and bank &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at amortized cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 5.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 334,547 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Financial investments in local currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through other comprehensive income &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 5.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,943,164 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,943,164 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Financial investments in foreign currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through profit or loss &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 5.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,363 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,363 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Financial investments: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Fixed-income securities and funds in local currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through profit or loss &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 5.b &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,607,608 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,607,608 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Fixed-income securities and funds in foreign currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through other comprehensive income &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 5.b &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 103,239 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 103,239 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Currency and interest rate hedging and commodities instruments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through profit or loss &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 5.b &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 472,552 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 472,552 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Trade Receivables &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at amortized cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 6.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,367,012 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Reseller Financing &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at amortized cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 6.b &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 992,359 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 8,822,844 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Financial liabilities: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Financing &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through profit or loss &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 17.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,011,374 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,011,374 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Financing &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at amortized cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 17.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 8,380,088 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Debentures &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at amortized cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 17.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 4,529,439 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Debentures &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through profit or loss &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 17.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,487,244 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,487,244 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Leases payable &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at amortized cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 14 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,348,311 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Commodities, currency and interest rate hedging instruments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through profit or loss &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 17.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 197,177 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 197,177 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Trade payables &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at amortized cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 18 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 5,727,724 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 34.2857%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Subscription warrants &#x2013; indemnification &lt;span style="font-size: 8pt;"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 30.4348%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through profit or loss &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.96894%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 25 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 51,296 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.11801%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 7.82609%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 51,296 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.4348%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 23,732,653 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.82609%; font-size: 10pt;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; font-size: 10pt;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;div id="Normadiv535" style="font-family: 'times new roman', times; font-size: 10pt;"&gt;

&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;table cellpadding="0" style="height: 250px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Category &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Note &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; 12/31/2020 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.11801%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Level &lt;span style="border-left: none; border-right: none;"&gt;1&lt;/span&gt; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Level &lt;span style="border-left: none; border-right: none;"&gt;2&lt;/span&gt; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Financial assets: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Cash and cash equivalents&#160;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Cash and bank &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at amortized cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 5.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 405,081 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Financial investments in local currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through other comprehensive income &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 5.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,241,852 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 2,241,852 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Financial investments in foreign currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through profit or loss &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 5.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 14,561 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 14,561 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Financial investments: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Fixed-income securities and funds in local currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through profit or loss &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 5.b &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,643,286 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,643,286 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Fixed-income securities and funds in local currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through other comprehensive income &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 5.b &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 31,315 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 31,315 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Fixed-income securities (guarantee of loans) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at amortized cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 5.b &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 75,251 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Fixed-income securities and funds in foreign currency &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through other comprehensive income &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 5.b &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,278,940 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 30,245 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,248,695 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Currency and interest rate hedging and commodities instruments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through profit or loss &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 5.b &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 981,874 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 981,874 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Trade Receivables &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at amortized cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 6.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3,369,766 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Reseller Financing &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at amortized cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 6.b &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 965,645 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 2.8pt double #000000; border-top: 1pt solid #000000; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 13,007,571 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Financial liabilities: &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Financing &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through profit or loss &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 17.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,308,928 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,308,928 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Financing &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at amortized cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 17.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 10,186,947 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Debentures &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at amortized cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 17.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 5,363,621 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Debentures &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through profit or loss &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 17.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,093,365 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,093,365 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Leases payable &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at amortized cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 14 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 1,833,288 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Commodities, currency and interest rate hedging instruments &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through profit or loss &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 17.a &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 117,159 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 117,159 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Trade payables &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at amortized cost &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 18 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 4,008,457 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt 0pt 0pt 10pt; text-indent: 0.4pt;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Subscription warrants &#x2013; indemnification &lt;span style="font-size: 8pt;"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Measured at fair value through profit or loss &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span&gt; 25 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p class="ng-scope" style="margin: 0pt; text-align: right;"&gt;86,439&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 86,439 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%; background-color: #cceeff;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 34.2857%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; Total &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 30.3106%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 4.96894%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 23,998,204 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.11801%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.49068%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; width: 7.95031%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; width: 1.24224%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;div style="border-left: none; border-right: none;"&gt;
&lt;table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt; height: 10px;"&gt;
&lt;tbody&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td class="ng-scope" style="width: 3%; height: 10px;"&gt;&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;(&lt;/span&gt;1&lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;td style="width: 97%; height: 10px;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Refers to subscription warrants issued by the Company in the&#160;Extrafarma&#160;acquisition.&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
</ifrs-full:DisclosureOfFairValueMeasurementExplanatory>
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    <ugp:CategoryOfFinancialAssetsAndLiabilities
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    <ifrs-full:FinancialAssetsAtFairValue
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    <ugp:CategoryOfFinancialAssetsAndLiabilities contextRef="D20211231_Financing1Member" id="Tag228">Measured at fair value through profit or loss</ugp:CategoryOfFinancialAssetsAndLiabilities>
    <ifrs-full:FinancialLiabilitiesAtFairValue
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&lt;table cellpadding="0" style="height: 286px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #ffffff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #ffffff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt; font-weight: bold; text-decoration: underline;"&gt; Risk &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-bottom: 0.5pt solid #000000; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #ffffff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt; font-weight: bold;"&gt; Scenario Base &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-bottom: 0.5pt solid #000000; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; Currency swaps receivable in U.S. dollars &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-top: 0.5pt solid #000000; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-top: 0.5pt solid #000000; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; width: 54%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span&gt; (1) U.S. Dollar / Real swaps &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 34px; width: 30%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Dollar appreciation &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; width: 15%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 137,304 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span&gt; (2) Debts / firm commitments in dollars &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (137,301 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span&gt; (1)+(2) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net effect in result &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 3 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; Currency swaps payable in U.S. dollars &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span&gt; (3) Real / U.S. Dollar swaps &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Dollar devaluation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 49,935,747 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span&gt; (4) Gross margin of Oxiteno/Ipiranga &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (49,935,747 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;span style="font-size: 10pt; font-family: terminal, monaco;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span&gt; (3)+(4) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net effect in result &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; Cash Flow Hedge &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span&gt; (1) Cash Flow Hedge &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Dollar devaluation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 528,360 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span&gt; (2) Debts &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (528,360 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span&gt; (1)+(2) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net effect in equity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; Net Investment hedge in foreign entities &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span&gt; (1) Net Investment Hedge &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 34px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Dollar devaluation &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 252,423 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span&gt; (2) Debts &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (252,423 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"&gt;&lt;span style="font-size: 10pt; font-family: 'times new roman', times;"&gt;)&lt;/span&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span&gt; (1)+(2) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net effect in equity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
</ifrs-full:DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory>
    <ugp:USDollarToRealSwaps
      contextRef="I20211231_ScenarioMember"
      decimals="-3"
      id="Tag1683"
      unitRef="BRL">137304000</ugp:USDollarToRealSwaps>
    <ugp:DebtsFirmCommitmentsInDollars
      contextRef="I20211231_ScenarioMember"
      decimals="-3"
      id="Tag198"
      unitRef="BRL">137301000</ugp:DebtsFirmCommitmentsInDollars>
    <ugp:USDollarToRealSwapsNetEffect
      contextRef="I20211231_ScenarioMember"
      decimals="-3"
      id="Tag1804"
      unitRef="BRL">3000</ugp:USDollarToRealSwapsNetEffect>
    <ugp:RealToUsDollarSwaps
      contextRef="I20211231_ScenarioMember"
      decimals="-3"
      id="Tag667"
      unitRef="BRL">49935747000</ugp:RealToUsDollarSwaps>
    <ugp:GrossMarginOfOxitenoIpirangaSwapPayable
      contextRef="I20211231_ScenarioMember"
      decimals="-3"
      id="Tag722"
      unitRef="BRL">49935747000</ugp:GrossMarginOfOxitenoIpirangaSwapPayable>
    <ugp:RealToUsDollarSwapsNetEffect
      contextRef="I20211231_ScenarioMember"
      id="Tag7303"
      unitRef="BRL"
      xsi:nil="true"/>
    <ugp:CashFlowHedgedItemAssets
      contextRef="I20211231_ScenarioMember"
      decimals="-3"
      id="Tag649"
      unitRef="BRL">528360000</ugp:CashFlowHedgedItemAssets>
    <ugp:CashFlowHedgedItemLiabilities
      contextRef="I20211231_ScenarioMember"
      decimals="-3"
      id="Tag1759"
      unitRef="BRL">528360000</ugp:CashFlowHedgedItemLiabilities>
    <ifrs-full:ReserveOfCashFlowHedgesContinuingHedges
      contextRef="I20211231_ScenarioMember"
      id="Tag1684"
      unitRef="BRL"
      xsi:nil="true"/>
    <ugp:NetInvestmentHedgedItemAssets
      contextRef="I20211231_ScenarioMember"
      decimals="-3"
      id="Tag1784"
      unitRef="BRL">252423000</ugp:NetInvestmentHedgedItemAssets>
    <ugp:NetInvestmentHedgedItemLiabilities
      contextRef="I20211231_ScenarioMember"
      decimals="-3"
      id="Tag797"
      unitRef="BRL">252423000</ugp:NetInvestmentHedgedItemLiabilities>
    <ifrs-full:ReserveOfGainsAndLossesOnHedgingInstrumentsThatHedgeInvestmentsInEquityInstruments
      contextRef="I20211231_ScenarioMember"
      id="Tag1791"
      unitRef="BRL"
      xsi:nil="true"/>
    <ugp:DisclosureOfVariationForDerivativeInstrumentsOfHedgingObjectExplanatoryTextBlock contextRef="D20211231_3" id="Tag392">
&lt;table cellpadding="0" style="height: 79px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 17px; background-color: #ffffff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 62.966%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt; font-weight: bold;"&gt; 12/31/2021 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 23.9437%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt; font-weight: bold; text-decoration: underline;"&gt; Risk &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-bottom: 0.5pt solid #000000; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 11.9304%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt; font-weight: bold;"&gt; Scenario Base &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-bottom: 0.5pt solid #000000; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #ffffff; height: 17px; width: 1.07705%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; font-size: 10pt; width: 62.966%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"&gt; Interest rate swap (Real) &#x2013; Debentures - CRA &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 17px; font-size: 10pt; width: 23.9437%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-top: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; font-size: 10pt; width: 11.9304%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 9pt;"&gt; &#160; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-top: 0.5pt solid #000000; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; font-size: 10pt; height: 17px; width: 1.07705%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 17px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 17px; font-size: 10pt; width: 62.966%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span&gt; (1) Fixed rate swap - DI &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td rowspan="2" style="padding-left: 3pt; padding-right: 3pt; vertical-align: middle; height: 27px; font-size: 10pt; width: 23.9437%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Decrease in Pre-fixed rate &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 17px; font-size: 10pt; width: 11.9304%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; (20,053,149 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; font-size: 10pt; height: 17px; width: 1.07705%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; height: 10px; font-size: 10pt; width: 62.966%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span&gt; (2) Fixed rate debt &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="border-bottom: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; font-size: 10pt; width: 11.9304%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; 20,053,149 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; background-color: #cceeff; font-size: 10pt; height: 10px; width: 1.07705%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 18px;"&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; font-size: 10pt; width: 62.966%;"&gt;
&lt;p style="margin: 0pt;"&gt;&lt;span&gt; (1)+(2) &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; height: 18px; font-size: 10pt; width: 23.9437%;"&gt;
&lt;p style="margin: 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Net effect in result &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding: 0px; vertical-align: bottom; height: 18px; font-size: 10pt; border-bottom: 2.8pt double #000000; width: 11.9304%;"&gt;
&lt;p style="margin: 0pt; text-align: right;"&gt;&lt;span&gt; - &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-left: 3pt; padding-right: 3pt; vertical-align: bottom; font-size: 10pt; height: 18px; width: 1.07705%;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
</ugp:DisclosureOfVariationForDerivativeInstrumentsOfHedgingObjectExplanatoryTextBlock>
    <ugp:FixedRateSwapDI
      contextRef="I20211231_ScenarioMember"
      decimals="-3"
      id="Tag5753"
      unitRef="BRL">-20053149000</ugp:FixedRateSwapDI>
    <ugp:FixedRateDebt
      contextRef="I20211231_ScenarioMember"
      decimals="-3"
      id="Tag1509"
      unitRef="BRL">20053149000</ugp:FixedRateDebt>
    <ugp:FixedRateSwapNetEffect
      contextRef="I20211231_ScenarioMember"
      id="Tag692"
      unitRef="BRL"
      xsi:nil="true"/>
    <ifrs-full:DisclosureOfCommitmentsExplanatory contextRef="D20211231_3" id="Tag269">
&lt;div style="border-right: none; border-left: none;"&gt;
&lt;p style="margin: 12pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;34&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;. Commitments&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;a. Contracts&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"&gt;&#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;a.1&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Subsidiary &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Ultracargo&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Log&#xed;stica&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; has agreements with CODEBA&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;with the&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Complexo&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; Industrial &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Portu&#xe1;rio&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; Governador &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Eraldo&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Gueiros&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and with the company &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Empresa&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Maranhense&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; de &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Administra&#xe7;&#xe3;o&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Portu&#xe1;ria&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; in connection with its port facilities in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Aratu&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Suape&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Itaqui&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, respectively. Such agreements establish a minimum cargo movement of products, as shown below:&#160;&#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" style="height: 71px; border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 21px; background-color: #ffffff;"&gt;
&lt;td style="vertical-align: bottom; height: 21px; background-color: #ffffff; width: 30%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Port &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 21px; background-color: #ffffff; width: 40%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Minimum movement per year &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 21px; background-color: #ffffff; width: 30%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Maturity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; height: 10px; background-color: #cceeff; padding: 0px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Aratu &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; background-color: #cceeff; padding: 0px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 900,000 ton. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; background-color: #cceeff; padding: 0px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2022 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="vertical-align: bottom; height: 10px; padding: 0px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Suape &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; padding: 0px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 250,000 ton. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; padding: 0px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2027 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; height: 10px; background-color: #cceeff; padding: 0px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Suape &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; background-color: #cceeff; padding: 0px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 400,000 ton. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; background-color: #cceeff; padding: 0px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2029 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="vertical-align: bottom; height: 10px; padding: 0px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Aratu &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; padding: 0px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 465,403 ton. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; padding: 0px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2031 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; height: 10px; background-color: #cceeff; padding: 0px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Itaqui &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; background-color: #cceeff; padding: 0px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,222,377 m&#xb3; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; background-color: #cceeff; padding: 0px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2049 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;

&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;If the annual movement is less than the minimum contractual movement, the subsidiary is liable to pay the difference between the effective movement and the minimum contractual movement, based on the port tariff rates in effect on the date established for payment. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;As of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;1&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, 20&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;2&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;1, these rates were R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;8.37&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;2.67&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;per ton for &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Aratu&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Suape&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;respectively&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and R$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;0.85&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;per&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; m&#xb3; for &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Itaqui&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;According to contractual conditions and tolerances, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;on &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;December&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; 3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;1&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;2021&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;there &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;were&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; no material obligations&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;regarding the minimum purchase &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;limits&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;contract&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;"&gt;b. Insurance coverage&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The Company &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;is supported by &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;insurance policies with the objective of covering several risks to which it is exposed&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;In the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;insurance policies &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;t&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;he maximum compensation values based on the risk analysis of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;certain locations&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The General Liability Insurance program covers the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Ultrapar&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; and its subsidiaries with a maximum aggregate coverage of US$ &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;250&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; million&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;T&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;he Company &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;maintain&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; liability insurance policies&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; for directors&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;executive &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;officers&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and council &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;to &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;indemnify Ultrapar and its subsidiaries in the total amount of US$&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="border-left: none; border-right: none;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;80&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; million&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;In addition, group life and personal accident, health and national and international transportation and other insurance policies are also maintained.&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;The coverage and limit of the insurance policies are based on a careful study of risks and losses conducted by independent insurance advisors&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;being the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;type &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;and amounts &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;of insurance &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;are&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; considered by management to be sufficient to cover potential losses based &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;that may occur in view of&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; the nature of the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;activities&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; conducted by the companies.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;/div&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;div&gt;

&lt;/div&gt;
&lt;p style="margin: 2pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;"&gt;c. Area port lease&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;On March 22, 2019, Ultrapar, through its subsidiary IPP, won the port concessions of three areas with minimum storage capacity of 64 thousand m&#xb3; (&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;unaudited&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;) &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;located &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;at the port of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Cabedelo&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, in the state of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Para&#xed;ba&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, and one area with minimum storage capacity of 66 thousand m&#xb3; (unaudited) at the port of Vit&#xf3;ria, in the state of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Esp&#xed;rito&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; Santo, which will be designated for handling, storage and distribution of fuels. These concessions were carried out by &lt;span style="border-left: none; border-right: none;"&gt;two&lt;/span&gt; consortiums of which IPP holds &lt;span style="border-left: none; border-right: none;"&gt;one&lt;/span&gt; third of the total participation. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;For the port of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Cabedelo&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, the companies &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Nordeste&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Log&#xed;stica&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; I, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Nordeste&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Log&#xed;stica&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; II and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Nordeste&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Log&#xed;stica&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; III were &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;incorporated, in partnership&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; with &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Ra&#xed;zen&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Combust&#xed;vel&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; S.A. and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Petrobr&#xe1;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Distribuidora&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; S.A. &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;For the port of Vit&#xf3;ria, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;the company &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Navegantes&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;was &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;incorporated, in partnership&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; with &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Ra&#xed;zen&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Combust&#xed;vel&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; S.A. and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Petrobr&#xe1;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Distribuidora&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;S.A&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. T&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;he total investments related to IPP&#x2019;s participation is up to R$160 million (&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;unaudited&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;) for a concession term of 25 years.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;On April 5, 2019, Company, through its subsidiary IPP and &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Ultracargo&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Log&#xed;stica&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, also won three concessions. IPP won two concessions&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;in the port of Miramar, in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Bel&#xe9;m&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, state of Par&#xe1;: (&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;i&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;) area BEL02A, through a consortium 50% owned by IPP,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;that shall have minimum storage capacity of 41 thousand m&#xb3;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (unaudited)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, and (ii) area BEL04, which is currently operated by IPP with minimum storage capacity of 23 thousand m&#xb3; (unaudited). Such areas will be operated for at least 15 years, according to the auction notice.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; For the area BEL02&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;A&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, Latitude was &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;incorporated&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, together with &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Petr&#xf3;leo&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Sabb&#xe1;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;S.A.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Ultracargo&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Log&#xed;stica&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; won the concession of area VDC12 in the port of Vila do Conde, in &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Barcarena&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, state of Par&#xe1;. The minimum storage capacity will be 59 thousand m&#xb3;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (unaudited)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. The area will be operated by &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Ultracargo&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Log&#xed;stica&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;for at least 25 years, according to the auction notice.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;For the area VDC12, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Tequimar&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; Vila do Conde was &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;incorporated&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; (see Note &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;4&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;b&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;On April 9, 2021, the Company, through its subsidiary &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Ultracargo&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Log&#xed;stica&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, won the auction for leasing the IQI&lt;span style="border-left: none; border-right: none;"&gt;13&lt;/span&gt; area in the &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Itaqui&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;port, State of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Maranh&#xe3;o&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, for storage and handling of liquid bulk&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; products&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;e&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;specially fuel&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. In the leased area, a new terminal will be built with a minimum &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;installed&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; capacity of 79 thousand &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;cubic meters (unaudited)&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. The lease will have a minimum duration of 20 years according to the auction&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; notice&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;. For this capacity, an investment of approximately R$&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;310 million is estimated, including the amount related to the grant, to be disbursed in up to six years&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; after signing of the contract&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
</ifrs-full:DisclosureOfCommitmentsExplanatory>
    <ugp:SummaryOfContractsTableTextBlock contextRef="D20211231_3" id="Tag270">
&lt;table cellpadding="0" style="height: 71px; border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; width: 80%;" width="80%"&gt;
&lt;tbody&gt;
&lt;tr style="height: 21px; background-color: #ffffff;"&gt;
&lt;td style="vertical-align: bottom; height: 21px; background-color: #ffffff; width: 30%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Port &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 21px; background-color: #ffffff; width: 40%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Minimum movement per year &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 21px; background-color: #ffffff; width: 30%;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"&gt; Maturity &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; height: 10px; background-color: #cceeff; padding: 0px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Aratu &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; background-color: #cceeff; padding: 0px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 900,000 ton. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; background-color: #cceeff; padding: 0px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2022 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="vertical-align: bottom; height: 10px; padding: 0px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Suape &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; padding: 0px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 250,000 ton. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; padding: 0px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2027 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; height: 10px; background-color: #cceeff; padding: 0px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Suape &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; background-color: #cceeff; padding: 0px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 400,000 ton. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; background-color: #cceeff; padding: 0px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2029 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px;"&gt;
&lt;td style="vertical-align: bottom; height: 10px; padding: 0px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Aratu &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; padding: 0px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 465,403 ton. &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; padding: 0px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2031 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="height: 10px; background-color: #cceeff;"&gt;
&lt;td style="vertical-align: bottom; height: 10px; background-color: #cceeff; padding: 0px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; Itaqui &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; background-color: #cceeff; padding: 0px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 1,222,377 m&#xb3; &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;td style="vertical-align: bottom; height: 10px; background-color: #cceeff; padding: 0px;"&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: center;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt; 2049 &lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
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&lt;p style="margin: 0pt 0pt 0pt; page-break-after: avoid; page-break-inside: avoid;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;35&lt;/span&gt;&lt;span style="font-family: 'Times New Roman'; font-weight: bold;"&gt;. Subsequent events&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;"&gt;a. Issuance of Extrafarma subscription bonus shares&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;On February 2&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;3&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, 202&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;2&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;, the Company&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#x2019;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;s Board of Directors approved the issuance of &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;43,925 &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;common shares within the authorized capital limit provided by art. 6 of the Company's Bylaws,&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;due to the partial exercise of the rights conferred by the subscription warrants (see note 25) issued&#160;&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;at the time of the conclusion of the purchase of&#160;Extrafarma&#160;by the Company, approved by the&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;extraordinary general meeting of the Company held in January 31, 2014. The share capital of the&#160;&lt;/span&gt;&lt;/span&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;Company will therefore be represented by &lt;/span&gt;&lt;span style="border-left: none; border-right: none;"&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&lt;span style="border-left: none; border-right: none;"&gt;1,115,151,608&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;&#160;common shares, all of which are&lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt; &lt;/span&gt;&lt;span style="font-family: 'Times New Roman';"&gt;registered and without par value.&#160;&#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0pt 0pt; text-align: justify;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;div&gt;

&lt;/div&gt;
&lt;p style="margin: 2pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"&gt;&lt;b&gt;&lt;i/&gt;&lt;/b&gt;&lt;br/&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"&gt;&lt;b&gt;&lt;i&gt;&lt;span style="mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: DE;"&gt;&lt;span style="font-style: italic; font-family: 'times new roman', times; font-size: 10pt;"&gt;b. Impact of the conflict between Ukraine and Russia&lt;/span&gt;&lt;/span&gt;&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"&gt;&lt;b&gt;&lt;i/&gt;&lt;/b&gt;&lt;br/&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;The turmoil of the global financial markets and the scarcity of credit in the past led to lack of consumer confidence, increased market volatility and widespread reduction of business activity. An economic downturn could materially and adversely affect the liquidity, businesses and/or financial conditions of our customers, which could in turn result not only in decreased demand for our products, but also increased delinquencies in our accounts receivable.&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&lt;span style="mso-ansi-language: EN-US;"&gt;On February &lt;/span&gt;&lt;span style="mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: DE;"&gt;24, 2022, a full-scale military invasion of Ukraine by Russian troops was reported. Since then, global markets have been experiencing volatility and disruption following the escalation of geopolitical tensions and the start of the military conflict between these countries. Although the length and impact of the ongoing military conflict are highly unpredictable, the conflict in Ukraine has led and could further lead to market disruptions, including significant volatility in commodity prices, including crude oil and natural gas, which could impact the prices of LPG and oil-based fuel, and demand in the markets in which we operate. Additionally, governments in the United States and many other countries have imposed economic sanctions on certain Russian individuals, including politicians, and Russian corporate and banking entities. These sanctions, or even the threat of further sanctions, could result in Russia taking countermeasures or retaliatory actions which may lead to further market disruptions and an increase in crude oil and natural gas prices globally, which could negatively impact our business and operations.&#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;Moreover, an eventual new global financial crisis could have a negative impact on our cost of borrowing and on our ability to obtain future borrowings. The disruptions in the financial markets could also lead to a reduction in available trade credit due to counterparties&#x2019; liquidity concerns. If we experience a decrease in demand for our products or an increase in delinquencies in our accounts receivable, or if we are unable to obtain borrowings our businesses, financial condition and results of operations could be materially adversely affected.&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"&gt;&lt;span style="mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: DE;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;Additionally, the rapid escalation of COVID-19 pandemic across the world since the beginning of 2020 has had, and can continue to have, a number of negative impacts on our businesses, financial condition and results of operations.&#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 10pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"&gt;&lt;span style="font-style: italic; font-family: 'times new roman', times; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: DE; font-weight: bold;"&gt;&lt;span&gt;c. Tender offers to purchase notes&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"&gt;&lt;br/&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"&gt;&lt;span style="mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: DE;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;On April 7, 2022, the subsidiary Ultrapar International commenced cash tender offers to purchase in the international market (i) up to the totality of the 5.25% notes due in 2026 and (ii) up to the Maximum Acceptance Amount of the 5.25% notes due in 2029, both issued by Ultrapar International and outstanding in the international market. The tender offers were subject to a maximum aggregate tender amount of US$ 550,003, which could be increased to up to US$ 600,000 at the sole discretion of Ultrapar International, consisting of the total amount to be spent by Ultrapar International in the purchase of the outstanding notes. The 2029 notes tender offer was also subject to a maximum acceptance amount corresponding to the difference between the maximum aggregate tender amount and the aggregate principal amount of the 2026&#160;notes tendered and accepted for purchase (the &#x201c;Maximum Acceptance Amount&#x201d;).&#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0px; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif; text-indent: 0px;"&gt;&lt;span style="mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: DE;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;&#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 2pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"&gt;&lt;span style="mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: DE;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;As a result of the cash tender offers, Ultrapar International received valid offers for the purchase of 2026 and 2029 notes in the aggregate principal amount of US$ 114,329 and US$ 606,106, respectively. In view of this, it was decided to exercise their right to increase the initial aggregate tender amount to up to US$ 599,996, which was used to purchase (i) all of the 2026 tendered notes and (ii) the equivalent to the aggregate principal amount of US$ 485,667 of the 2029 tendered notes, representing 20.79% and 57.14% of the 2026 and 2029 outstanding notes, respectively. The purchase of the 2026 notes was settled on April 14 and 18, 2022, while the purchase of the 2029 notes was settled on April 27, 2022.&#160;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 10pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"&gt;&lt;span style="font-style: italic; font-family: 'times new roman', times; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: DE; font-weight: bold;"&gt;&lt;span&gt;d. Update on Extrafarma&#x2019;s sale process&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 10pt 0cm 0.0001pt; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif; text-indent: 0px;"&gt;&lt;span style="mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: DE;"&gt;&lt;span style="font-family: 'times new roman', times; font-size: 10pt;"&gt;Additionally, on May 18, 2021, Ultrapar entered into a share purchase and sale agreement for the sale of all shares of Extrafarma to Pague Menos. The completion of this transaction is subject to usual conditions precedent in such deals, including the approval by CADE. On May 7, 2022, CADE&#x2019;s General Superintendent&#x2019;s Office recommended the approval of the transaction, contingent on the execution of a Merger Control Agreement (&#x201c;Acordo em Controle de Concentra&#xe7;&#xf5;es&#x201d;) between Pague Menos and CADE, whereby Pague Menos shall undertake certain remedial measures to mitigate potential competitive issues arising out of the transaction. The recommendation made by the General&#x2019;s Superintendent&#x2019;s Office is now subject to CADE&#x2019;s Tribunal review, which shall issue a final decision on the matter.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
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        <link:footnote id="footnote50" xlink:label="footnote50" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en-US">Refers to the asset write-offs of Oxiteno Andina.</link:footnote>
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          xlink:from="Tag4396"
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        <link:footnoteArc
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        <link:footnoteArc
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        <link:loc
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        <link:footnoteArc
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        <link:footnoteArc
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        <link:loc
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        <link:footnoteArc
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        <link:footnoteArc
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        <link:footnote id="footnote75" xlink:label="footnote75" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en-US"><xhtml:span style="font-family: 'Times New Roman';">For further details, s</xhtml:span><xhtml:span style="font-family: 'Times New Roman';">ee</xhtml:span><xhtml:span style="font-family: TimesNewRoman;"> </xhtml:span><xhtml:span style="font-family: TimesNewRoman;">N</xhtml:span><xhtml:span style="font-family: TimesNewRoman;">ot</xhtml:span><xhtml:span style="font-family: TimesNewRoman;">e</xhtml:span><xhtml:span style="font-family: TimesNewRoman;"> <xhtml:span style="border-left: none; border-right: none;">3</xhtml:span>.c.<xhtml:span style="border-left: none; border-right: none;">2</xhtml:span></xhtml:span><xhtml:span style="font-family: TimesNewRoman;">.</xhtml:span></link:footnote>
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        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
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        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
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        <link:footnoteArc
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          xlink:from="Tag4447"
          xlink:to="footnote67"
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        <link:loc
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        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="Tag4458"
          xlink:to="footnote56"
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        <link:loc
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        <link:footnoteArc
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          xlink:from="Tag4482"
          xlink:to="footnote56"
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        <link:loc
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        <link:footnoteArc
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        <link:footnoteArc
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        <link:footnoteArc
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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
